I am a 65 year old teacher, ready to retire at the end of this school year. Five years ago, I was advised to be conservative and invest in mutual funds, 401K, and bonds. I am SO glad I followed my gut and ignored others' advice. I invested in individual stocks instead. I was able to amass a beautiful nest egg during this time and now will move into my retirement years with financial stability... with stocks, a steady pension, and Social Security. Lessons-- don't listen to others... go with your gut AND it's NEVER too late to invest (just ask Warren Buffett)!
Wish I had done that. Will have to retire next year at 60 not ready. Went conservative bought the advice that the market had “pulled forward” high returns and that going forward the returns would be low. Also did too much trading - watching Jim Cramer and cnbc
I’m 32 and investing for the first time in my life. I have started contributing to my 401K and opened a Roth IRA with automatic contributions, but my question is, does asset allocation really matter at first, or perhaps I am just overthinking as a beginner?
I'm in line with having an advisor oversee my day-to-day investing cos, my job doesn't permit the time to analyze stocks myself. I got fully invested since the covid-outbreak, and thankfully, my 6 figure portfolio has 5X in barely 5 years, amassing nearly $1m as of today.
good gains! who is the professional guiding you please? enthused about investing for my eventual retirement but dont know how to go about it, for now I only invest in my 401k through my employer and gains are quite slow
Annette Louise Connors is my FA. Just google the name and you’d find necessary deets to work with. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
excellent share, curiously inputted Annette Louise Connors on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
SCHD (ETF) sounds like the answer. 10 yr average return of over 11%. Worst down year 5.6%. It has a 3.6% dividend yield, potentially taxed at 0% long term capital gains rate. Expense ratio of just 0.06%. Do this inside a Roth IRA, and it really kicks butt. Don’t forget, a brokerage (taxable) account is also inherited tax free, due to the step up in basis. It can also be withdrawn tax free, as long term capital gains. Use taxable accounts first, if being used to facilitate Roth conversions, to minimize RMDs. If RMDs aren’t going to be a tax issue (SS tax torpedo, etc), then combine deferred accounts to fill lower tax brackets (covered by standard deduction), followed by taxable, to fill up the 0% tax bracket. Remember, tax deferred accounts are inherited with taxes still owed, and only 10 years to withdraw them and pay those taxes.
@@DavidHughes-f6c Exactly. My parents lived well into their eighties and dad months away from ninety. My wife draws half my SS. And her parents are currently 91 and 92 and they're having birthdays soon.. If I don't enjoy the benefits of the delayed credits there's a good chance my wife will. I have a responsibility to protect my family. Actually, Most people just want an excuse to take their SS as soon as possible and fault those who delay.
Almost hate to even pose this head scratcher. What happens if the beneficiary doesn't take the RMD and before the 10th year, then they pass away. Does the beneficiary of the beneficiary get a new 10 year clock and all forgiven for the past?
Week 2 of Josh with a boo boo on his finger. The internet is talking about the source of the injury ? Home improvement mishap ? Knife attack ? Kitchen utensil fumble ? please share
Injury report: I wish I had a good ninja story to share but here’s the truth: I’m the only barber my boys have ever known. I’m reasonably competent with the electric clippers but when I turn to the scissors (which may be the world’s sharpest) I ALWAYS cut myself. In fact, the haircut’s not over until I’m bleeding. Usually, it’s just a knick on my knuckles but this time, there was a bit more carnage and the bandaid was for the benefit of the squeamish among us. OSHA may not approve of my safety record but I wouldn’t trade this time with my boys for anything!
This is my favorite channel. Despite the dip in crypto. I still thank you for the level headed financial advice I started crypto investment with $7,500 and since following you for few weeks now, I've got 25k In my portfolio. Thank you so much miss Susan Kerrie farrier....
Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.
My outlook on money changed when I realized that is better to invest on or before retirement, some people are just putting $15k or $20k With the current market movement at the end of the year they are making millions.
![fellow fellow - พรุ่งนี้ไม่มีใครรู้ feat. INK WARUNTORN [OFFICIAL MV]](http://i.ytimg.com/vi/QP6JyjYx_W0/mqdefault.jpg)
"Retirement isn’t an end goal, but a journey best secured by careful and consistent investments."
Well said! Retirement is the reward of disciplined investing over the long term, not just a destination.
Well said! My adviser guided me through retirement planning, ensuring my investments were strategically positioned for long-term rewards.
That's a great point! Finding a reliable financial adviser would be essential for me to ensure my retirement plans are well-structured.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
I am a 65 year old teacher, ready to retire at the end of this school year. Five years ago, I was advised to be conservative and invest in mutual funds, 401K, and bonds. I am SO glad I followed my gut and ignored others' advice. I invested in individual stocks instead. I was able to amass a beautiful nest egg during this time and now will move into my retirement years with financial stability... with stocks, a steady pension, and Social Security. Lessons-- don't listen to others... go with your gut AND it's NEVER too late to invest (just ask Warren Buffett)!
Glad it worked out for you. Do you intend to keep the same allocation during retirement?
Wish I had done that. Will have to retire next year at 60 not ready. Went conservative bought the advice that the market had “pulled forward” high returns and that going forward the returns would be low. Also did too much trading - watching Jim Cramer and cnbc
I take it you're not an economics teacher.
I’m 32 and investing for the first time in my life. I have started contributing to my 401K and opened a Roth IRA with automatic contributions, but my question is, does asset allocation really matter at first, or perhaps I am just overthinking as a beginner?
There’s a lot to decide on… most times it is better as a beginner to delegate your day-to-day investing to a well experienced advisor
I'm in line with having an advisor oversee my day-to-day investing cos, my job doesn't permit the time to analyze stocks myself. I got fully invested since the covid-outbreak, and thankfully, my 6 figure portfolio has 5X in barely 5 years, amassing nearly $1m as of today.
good gains! who is the professional guiding you please? enthused about investing for my eventual retirement but dont know how to go about it, for now I only invest in my 401k through my employer and gains are quite slow
Annette Louise Connors is my FA. Just google the name and you’d find necessary deets to work with. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
excellent share, curiously inputted Annette Louise Connors on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
SCHD (ETF) sounds like the answer. 10 yr average return of over 11%. Worst down year 5.6%.
It has a 3.6% dividend yield, potentially taxed at 0% long term capital gains rate. Expense ratio of just 0.06%. Do this inside a Roth IRA, and it really kicks butt.
Don’t forget, a brokerage (taxable) account is also inherited tax free, due to the step up in basis. It can also be withdrawn tax free, as long term capital gains.
Use taxable accounts first, if being used to facilitate Roth conversions, to minimize RMDs.
If RMDs aren’t going to be a tax issue (SS tax torpedo, etc), then combine deferred accounts to fill lower tax brackets (covered by standard deduction), followed by taxable, to fill up the 0% tax bracket.
Remember, tax deferred accounts are inherited with taxes still owed, and only 10 years to withdraw them and pay those taxes.
I delayed Social Security till 68 as a hedge against market volatility and to some degree inflation.
All that money lost with Just a few years left. Bad choice.
How can you say that with such limited information about the poster's situation? Bad answer.
@@DavidHughes-f6c Exactly. My parents lived well into their eighties and dad months away from ninety. My wife draws half my SS. And her parents are currently 91 and 92 and they're having birthdays soon.. If I don't enjoy the benefits of the delayed credits there's a good chance my wife will. I have a responsibility to protect my family. Actually, Most people just want an excuse to take their SS as soon as possible and fault those who delay.
@@miketheyunggod2534Wrong. More stable permanent income increased withcost of living increase. I'm taking at 70 I want to live comfortably.
Almost hate to even pose this head scratcher. What happens if the beneficiary doesn't take the RMD and before the 10th year, then they pass away. Does the beneficiary of the beneficiary get a new 10 year clock and all forgiven for the past?
Buffered ETFs
They now have over $40 billion in them yet this show never talks about them
Wonder why
Can’t wait for this answer
Week 2 of Josh with a boo boo on his finger. The internet is talking about the source of the injury ? Home improvement mishap ? Knife attack ? Kitchen utensil fumble ? please share
Injury report: I wish I had a good ninja story to share but here’s the truth: I’m the only barber my boys have ever known. I’m reasonably competent with the electric clippers but when I turn to the scissors (which may be the world’s sharpest) I ALWAYS cut myself. In fact, the haircut’s not over until I’m bleeding. Usually, it’s just a knick on my knuckles but this time, there was a bit more carnage and the bandaid was for the benefit of the squeamish among us. OSHA may not approve of my safety record but I wouldn’t trade this time with my boys for anything!
This is my favorite channel. Despite the dip in crypto. I still thank you for the level headed financial advice I started crypto investment with $7,500 and since following you for few weeks now, I've got 25k In my portfolio. Thank you so much miss Susan Kerrie farrier....
Trading crypto now should be wise , but trading without an expert isn't advisable. I tried trading on my own but keep on losing
Omg! Kerrie strategy has made winning trades a regular occurrence for me as well! It's a huge milestone when I think back on how it all started.
Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.
My outlook on money changed when I realized that is better to invest on or before retirement, some people are just putting $15k or $20k With the current market movement at the end of the year they are making millions.
Please I'm new to this, how can she be contacted?