Asking Millionaires How they Would Invest $1,000 Today! (Manhattan Beach)
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- เผยแพร่เมื่อ 22 พ.ค. 2024
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Not financial Advice, please always do your own research. Entertainment purposes only.
#finance #millionaire #entrepreneurshipn
The absence of stock investments has left me with a sense of remorse, albeit I'm appreciative of my decision to maintain funds in the money market. With roughly $200k nearing maturity, I'm gearing up to step into the stock market. Could you advise me on suitable stocks for a beginner looking to steadily increase their capital?
Considering seeking counsel? Engaging with a financial advisor is worth exploring. While independent management is feasible, financial advisors bring a depth of knowledge and expertise to the table.
The significance of advisors often goes unrecognized until emotions cloud judgment. I remember a couple of summers ago, during a challenging divorce, when I needed significant assistance to sustain my business. Turning to licensed advisors, I discovered someone highly qualified. Despite inflation, she played a crucial role in boosting my reserves from $275k to $850k.
What actions should I pursue to embrace this opportunity? I am earnestly focused on safeguarding my financial well-being and am eager to participate.
'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I researched her complete name online and found her page. Following this, I sent an email and arranged a meeting with her; now, I eagerly await her response.
Finance and Business books have been so helpful. I’m 50 and my husband 55 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.
You have done great for yourself. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
That is so amazing, I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success..
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
That’s so awesome! Which books do you recommend?
Best way to invest $1000 is invest in yourself always. Buy some financial books and read them. The wealthy barber, millionaire next door, richest man in Babylon, think and grow rich, rich dad poor dad etc. etc.Stocks and real estate goes and up and down but knowledge will remain and it’s your Superpower!
💯💯💯
Lame
I really loved when Darren said "it depends on when you want your money back." That should be your first criteria for choosing an investment strategy.
Your first criteria should be if you have high interest debt, then a savings account to cover emergencies, then 401k up to employer match if offered, then max Roth IRA, then whatever (save for property, brokerage, start a company etc)
Yea I peeped that........ never heard anyone say that before.
That retired firefighter was talking game
Great video keep making videos snewj!
Ayo what up SnewJ your video just popped up last time i watched was years ago with the motorcycle content now i got a bike and pursuing entrepreneurship glad to see you're still around on the grind man.
Truth is, increased losses for portfolios this year is triggered by skyrocketing inflation, major interest rate hike by Fed, and rising treasury rates. With barely 5 years to retirement, my concern is how to profit from today's market and economy, I'm open to investing ideas.
some people only tend to take their financial life serious when approaching retirement, no offense intended. I suggest you discuss with a proper advisor for financial/investment planning, with that you can meet your growth goals
True, a lot of folks downplay the role of advisors, until being burnt by their own emotions. Amid covid-19 pandemic crash, I needed a good strategy to grow my portfolio, thus consulted the service of a true market strategist that helped rejuvenate my $700k portfolio, boosting its return over 240% as of today.. it's exciting to share !
this is striking! I currently have a 401(k) account with a balance of over 550k and looking for a financial advisor who can help me develop a comprehensive investment strategy to align with my goals. mind if I look up yours pleas?
I'd definitely recommend someone of great expertise ''Katherine Nance Dietz'' is the advisor behind my portfolio success, and it's only right you research her yourself, can't divulge much here.
excellent share, Ive seen commentaries about advisors but not one looks this phenomenal.. curiously copied and pasted Katherine Nance Dietz on my browser, spotted her site ranked top.. she seems very professional and well-matched for the job
These guys are flat out gate keepers and the advice will lead you right back broke😂
You must’ve tried it? … There’s nothing to gate keep. Do the work, reap the benefits.
No body will ever tell you the ingredients to their secret sauce.
😂😂😂😂mannn. Like bro im expecting specific answers. When ppl ask this, i give my specific stocks I suggest. And other ideas like “get an LLC in what youre best at and passionate in, get your credit up, go get them business credit cards and invest from there”
Facts, not a single youtube video or book is going to teach anyone how to actually invest, build a business, etc. It's sad and disturbing, we could all be wealthy and successful but people love to hold info back for no good reason. Competition isnt a reason when yiu realize it doesn't matter how many people do something, it will either proper or it won't regardless of 10 or 100 people doing it.
@@friendly-stranger6223This is actually what has lead to so much saturation and unaffordable living...following a recipe without really understanding what you are doing.
Thanks for all the inspiration - Your videos make my day a little brighter. Let's gooo!!
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.
The common mistake we newbie mistake is venturing into the market without help and legit guidance
@@AnaMartin-zh6jvYes. You're right it's not watching all videos and wasting time on strategies, I was ignorant doing so till I Met expert Mrs. jeffrey kathryn sometime early last year at a startup funding event in New York City. She had some interesting things to say about the state of algorithmic trading today, very obviously I'm seeing the results, and my trading is going smoothly.
Job will pay your bills, business will make you rich but investment make and keep you wealthy, the future is inevitable.
@@NoelBecker-im1kcNOBODY BECOMES A MILLIONAIRE OR BILLIONAIRE BY WORKING FOR OTHERS AND DEPENDING ON THEM, GOOD INVESTMENT BRINGS MILLIONS OF DOLLARS AND CONSISTENCY BRINGS BILLIONS. THE MARKET IS ALL ABOUT CRYPTO NOW YOU MIGHT WANT TO LOOK INTO IT
Investing in Stocks and Forex is the wisest, it's a place where millionaires and future billionaires come to get inspired. If you've not been involved in any you're missing out. Most importantly If you know how to trade you can make a ton of money no matter where you find yourself
My hood! Welcome to the South Bay Snewj! Goddamn I love your videos brother. I've been following for maybe 3 months or so. 👏
If you have credit card debt, pay that off first with that $1k. Automatic return on investment could be up to 21% or more
I’m about to get 4k to pay off debt and put some aside to save and feel comfortable. Should I just use it all to pay my credit cards? Or just get them caught up and then invest the rest?
@@Mcgillicfamilythat’s really up to you, what your tolerance is, how much debt you have and what percent interest, what your job security is like. If you feel more comfortable having some cash cushion for emergency then build that up too. But know the best way to financial security is to not have high interest debt like credit cards that you’re consistently having to pay extra compounding high interest on. But chipping away at high interest debt while also putting into high yield savings is not a bad way to go. Purely up to you
@@horustortoise6110 thank you man just looking for any advice I can get I don’t wanna mess this up this time. I have a lot of credit cards that I closed and they are offering a 50% off settlement to pay off so I will probably pay those then keep the ones like discover and Capitol one and just get them back in line and then save the rest 👍🏼
Good advice. I won a $3k settlement and paid off a credit card. Then went in my savings and paid the last $3k off my car
Crazy how simple these millionaires look .. ! And you would never think .
Keep sharing these snewj ❤
This was 🔥🔥 in so many ways.
Thank you for this videos this videos are really motivating me
Loved the answers in this video!
This was a great episode, thanks Snewj. Big ups from Ethiopia🙌🙌
Great content
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last 4months of 2023
I don’t comfortably throw recommendations of her on the internet God she’s brilliant her skills are set exceptionally .Thank you Amelia Jason I’m sure there’re also good people who excel in their field ! .
Woah for real ? I'm so excited. Her strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
she's mostly on Telegrams, using the user name.
When sending her a message do ensure she’s VERIFIED” cause a lot of imposters out there., .
I watched her interview on CGTN News and so many people recommended highly about her trading skills , she's an expert I'm just starting with her From helsinki Finland 🇫🇮 …
You are putting our great content sir, thank you!
Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
I agree, that's the more reason I prefer my day to day invt decisions being guided by a init-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a init-coach for over 2years+ and I've netted over 2.8million.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
Credits to 'Carol Vivian Constable' she has a web presence, so you can simply
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I enjoyed these interviews. Very informative.
Great video! Waiting for more tips
Great advice. Personal development should definitely be the priority. I love that u ask such thorough questions to get the best answers.❣️
He's A Good interviewer. Level Up.
Thank you just subscribed to your channel great information
To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income particularly on a weekly or monthly basis. That’s the key to living financially stable,,.,.
I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invsted on time and also with the right terms now I have time for my family and the life ahead of me
Wow, this is really amazing. How do you come about it
@@ademusiaka7198I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings
Assets that can make you rich
*FX
*Btcoin
*Stocks
*Gold
*Real estate
You’re right but a lot of people remain poor due to ignorance
It’s so funny how many people said they’re involved in commercial real estate. That market is a bloodbath right now. Buy low, sell high.
Bro!!! How did I miss you? I live there!
Great video!!!
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains with months, I'm really just confused at this point.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Please can you leave the info of your investment analyst here?
Carol Pasol Lewis is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
this was a exceptional video , i got a lot of notes . not to many provide this much value 👏🔥🔥🔥🔥
Im 53 and I was thinking your video wouldn't be for me because youre too young.
Boy, was I wrong. You actually ask better questions than the dudes on CNBC! Your interviews are very comprehensive and to the point. Ive watched a few of your long form interviews too and they are great.
With this video, i like that you left in the lawyer/judge and the retired firefighter. Makes it not only relatable, but it also shows you that some rich people dont even invest (the judge) and some save and live within their means and get rich later in life (firefighter).
Thank you for putting these up. They are extremely helpful!
Amazing Channel!
I love the passion in your videos.
I like the guy in the blue shirt saying invest in your friends, let's you know what type of person he is. S&P definitely. Dang, the firefighter looks great and taking care of himself. Personal Development is the best advice.
I love these videos 😁
the thing they all have in common is RISK. real estate is a calculated risk. so is starting your own business. and that means you must have "dry powder" for a year or more and or be able to raise cash to keep it going until it can succeed. that is the missing piece.
By far the this is one of your best episodes that I have seen and would add value to any person's life value .
Thx. For this .
Love this channel…I’m retired and looking for the next best thing. The firefighter is on point exactly what I did …retired at 48. I tell young people I run into to get into investing their checks. Slow and steady wins the race.
Thank you very informative
My guy 80% of those guys were put on by a family member, friend or inherited money... The best way to invest $1,000 is to buy or invest in something that's going to make more.
I will forever appreciate this channel, you’ve helped me and my family a lot, your videos, advice and lessons are inspirational helpful to us,
I now earn every week. You’re such a blessing to this generation, we all love you.
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert.
Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
Hey how good are your earnings I will like to get some insights into trading thank you.
Currently i can attest to the fact that I
make $18,300 weekly through trading
which is more better then my monthly salary job. Trading becomes my passive
income.
I can relate to all you said becaus am facing similar thing right now.
Congratulations I wish you more success.
For me I am still in the fear zone, I've always been scared of loosing my money but love to see people share such words of encouragement through their earnings.
congratulations.
Time and tenacity! My husband and I are self made. We have been pooling together for over twenty years. I run a tight ship and a mom of three. Would be happy to share my story as a young trader mom. People need to get their financial act together!
refreshing content!!! I want to hear more from the retired firefighter about health!!!
Great Advice!
Much appreciated very eye-opening. I wish Contant like this would’ve been around in my younger day as I will be 50 in a few days.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
some people only tend to take their financial life serious when approaching retirement, no offense intended. I suggest you discuss with a proper advisor for financial/investment planning, with that you can meet your growth goals
True, a lot of folks downplay the role of advisors, until being burnt by their own emotions. Amid covid-19 pandemic crash, I needed a good strategy to grow my portfolio, thus consulted the service of a true market strategist that helped rejuvenate my $700k portfolio, boosting its return over 240% as of today.. it's exciting to share !
this is striking! I currently have a 401(k) account with a balance of over 550k and looking for a financial advisor who can help me develop a comprehensive investment strategy to align with my goals. mind if I look up yours pleas?
I'd definitely recommend someone of great expertise ''Camilla Buck Merrick'' is the advisor behind my portfolio success, and it's only right you research her yourself, can't divulge much here.
I just checked her out and I have sent her an email. I hope she gets back to me soon.
Great job 👍🏿
How can I get into you program if is already sold out ?
fun video - what kind of watch is that on your wrist...?
Lots of Value. Good Job on this. 👍
thks, interesting to learn what successful people do to achieve wealth.
Bro love from Bangladesh ❤❤🇧🇩🔥🔥
I admire you for doing this…you are facilitating honest conversations with successful business people that aspiring entrepreneurs & investors may otherwise never hear. They are all normal people who started with an idea and saw through with hard work. Anything is possible if you are willing to go after it. To God be the Glory 🙌🏼
nice video!
It seems to me most of the people out there in Manhattan beach are just “doing well” not so much multi rich…(still have to set an alarm) to wake up every morning.. good video for those starting from the very bottom 🚀
Naw, there are some mega rich in Manhattan Beach. My friend lives there in a $5M house and he’s like 0.5 miles from the beach. The beachfront properties or anything close is at least $10M.
Invest in the ya self first.
S&P is great for saving, but you gotta make sure you can earn first
What’s S&P?
The S&P500 stocks. @@iBeJerKiN28
Awesome video
I think they’d give more detailed answers if you said “use” instead of “invest”. Still great vid
My three favorite channels: SnewJ Knows, Stock Brotha, & Joshua Mayo. Make my week complete! 🔥 🔥 🔥
Ima check out stock brotha
He is in the travel industry IMO I would put my investment every place else. I wouldn't want my business and investment crashing as the same time.
17:10 the original car has a 427 Big block
Thing is majestic ❤
If they're not saying crypto they doing it wrong!!
Crypto is a Ponzi scheme
Appreciate you bro for during this
6:57 this is when I realized I will definitely be watching this guy channel more often he get straight to it
Simple way to be successful is NOT THE PLAY THE GAME, don't buy anything, don't own anything, be debt free! DO NOT USE CREDIT CARD, Do not take LOANS from banks. Live within your means. DO NOT BUY INTO THE HYPE OF "YOU MUST HAVE THIS OR ELSE!" you will be broke. If Anything is not Near Free and Free of responsibilities or liabilities. Don't take it.
Great video Isiah Thomas!😅
It is truly blessings to have a plans and it falls into place
Great title question. gratz. hehe
Ugh I needa be around people Iike thissssss , I need a coach !!!!
I want to learn cold call
Love the way he explained thay
"Someone is trying to eat your lunch in business"
SnewJ London 2024 pull-up. Let’s go global with these 💯
I will tend to disagree with the second guy who says that you must outwork everybody to go to the top faster because what happened to me is that everyone elses was just hanging and not doing much and i did their work as well and even come up with plans to better the company and at the end of the day when promotion comess i was discipline and the job was given to someone else. I even end up in hospital and when i got back my seniors didn't even ask how i was doing that shows me that they don't care at all about you.
It’s not that simple, outworking people in your job won’t grant you immediate benefits.
And it looks like you’re in a bad environment, change it up.
God sees
though I invest some in crypto, what the black project manager said is not the correct way to invest. it should be in index funds and long term mutual funds/ETFs, and Fortune 500 companies. 5-8% is ok in crypto. if you're young and have the money, it's ok for you to invest 10-30% cuz you have your whole lifetime to earn more. for older people, IT'S A BIG RISK because they can't afford to lose their 10-30%.
Off-topic: Love the watch, what is it?
THE TEAM NO HESI 2.0 lets go🎉
This is Great.
Love that shirt
Good news 🙏🏾
Ding, ding, ding commercial real estate, and investing in yourself!!
You can only Fundrise in the United States not Canada
DIAMOND 💎 JEWELER........... support your boy
...
very interesting. Is that your car?
The 1st guy you put words in his mouth for investing a $1000. Love the video thanks!
I love this car of yours ❤
Bro review yourself sometimes or housetour 🥰that will good videos...
That’s crazy Manhattan beach is slept on. Many memories there 🙏🏼
You need to go to New York City and do this
As someone who has been in crypto since 2016 and made off with 600% gains and started DCAing into Bitcoin since December of last year at 16k, now is the best time to get into crypto because the Bitcoin halving is in 5 months and this cycle is just starting. This is not financial advice but crypto will be a huge topic in the next year.
Crypto is a ponzi
@@jayc4715 crypto (mainly Bitcoin and ethereum) is a currency which has no government or entity controlling it. Bitcoin has a specific amount that will be mined into existence, making it anti inflationary. Many governments are adopting crypto via ETFs. If you think it’s still a “ponzi” or “scam” after it has existed for 15 years going strong then maybe you should do more research.
@@jayc4715you just don’t understand it. Do your homework. Many coins have real world applications.
💩coin
Is not backed up by nada
Great video. Thanks for sharing
I invested in my health and feel like a trillionaire
SALES SALES SALES, everything comes down to sales
The first guy makes sense, instead of using the word inspired he said copy. Most entrepreneurs are doing this, I'm surprised others haven't copied Snewj yet!!!
Young folks should def have people/communication skills today and being a team player is So important.
I’m studying digital marketing and project management now..I worked in healthcare for years been investing in my IRA..I’m studying crypto now so everything they are saying I’m doing and hopefully in a year my income triple..