Money: Should you start investing? 💸
ฝัง
- เผยแพร่เมื่อ 18 ต.ค. 2016
- Let's talk money! I want to introduce the basics of investing, compounding, top robo advisors and other millennial friendly investing platforms, because I recently researched this stuff and learned so much that I wish I had learned sooner! You can start investing even if you have little money. Hope this video helps - again I must emphasize that I am NOT an expert, please don't rely on my info and do your own research by consulting credible resources. Links below!
// The Lavendaire Lifestyle Podcast
Sugar Mamma Canna Campbell ▸ bit.ly/2e6MlrZ
Listen on iTunes ▸ lavendaire.com/itunes
// Investing Resources
▸ Investing 101: The Concept of Compounding | bit.ly/2e6Nv79
▸ How to Start Investing | bit.ly/2e6Lsjj
▸ How much $$$ do you need to start investing? | cnnmon.ie/2dzmKoE
▸ Why you must start investing in your 20s: No excuses! | bit.ly/2ekd94l
▸ Strategy: Investing in Your 20s | bit.ly/2e4ZYFX (where my numbers came from)
▸ 10 things you need to do before you start investing | bit.ly/2dznhXK
▸ Vanguard Risk Questionnaire | vgi.vg/2dmSWNz
// Robo Advisors & Investing Platforms Mentioned
▸ Betterment | bit.ly/2dmD25G
▸ Wealthfront | wlth.fr/2eEC4Tw
▸ Acorns | bit.ly/2ejGACJ
▸ Stash | bit.ly/2ePYKzs
▸ Motif | bit.ly/2ePZOTL
▸ Robinhood | bit.ly/2dPfjY3
▸ E-Trade | bit.ly/2e52k7F
▸ Charles Schwab | bit.ly/2dzoiPn
▸ Goldbean | www.hellogoldbean.com/
// Comparing Robo Advisors & Platforms
▸ Acorns vs Betterment vs Wealthfront | bit.ly/2eIBhAL
▸ Betterment vs Wealthfront | bit.ly/2ejJpDH
// Related
▸ 7 Steps to Financial Freedom 💸 Money Tips ft. SugarMammaTV | bit.ly/2xtWNjI
▸ 15 Ways to Save Money | bit.ly/2JhNcRL
🌟 Join the #LaviLoves dream team: lavendaire.com/team
🌙 My vlog channel: lavendaire.com/vlog
🌙 My podcast: lavendaire.com/llpodcast
___________________________
// F O L L O W
▸ instagram | / lavendaire
▸ snapchat | lavendaire
▸ facebook | / lavendaire
▸ twitter | / lavendaire
▸ blog | lavendaire.com
▸ spotify | open.spotify.com/user/aileenxu
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// R E S O U R C E S
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🏡 Sign up for Airbnb & get a $30 credit: bit.ly/29Ikbj8
___________________________
FILMED & EDITED BY AILEEN XU
// M A I L B O X
Aileen Xu
PO Box 296
Brea, CA 92822
___
// A B O U T
I’m Aileen, a lifestyle blogger sharing knowledge and inspiration on creating your dream life.
Lavendaire is my blog about personal growth + lifestyle design. Follow along and learn how you can create a life that you love.
Subscribe to Lavendaire to get inspired by new videos weekly! bit.ly/sublavendaire
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Disclaimer: This is NOT a sponsored video. - แนวปฏิบัติและการใช้ชีวิต
I learnt a lot from this but I'm like still a child hahah. It's really irritating how school doesn't teach me about personal finance and investment and being wise with money, all this sorta stuff is evidently very important in life
eh, the more you know the less money the government can take from you (kinda).
Issy yeah, that way we could save money and go to Korea.
Helen River hahaha yes ofc!! that's so on my bucket list (and meeting my ultimate bias yes ikik but a girl can dream y'know)
Issy hahaha someone from bts I guess. They are awesome
Helen River :3 they are my life and that's not even an exaggeration xD wbu?
please more videos on financial education/money for millenials! thanks!
Eba Reiro agreed ❤
What she’s saying is true! I’m in the financial industry! You have to have a strong foundation before you can start investing. Good job Aileen! I’m not a financial advisor (yet) but definitely invest into mutual funds! Invest while you’re young.
Spanish subtitles are available! Click "CC" and check the video settings. Thank you to the contributor listed in the description 💕
Literally just got my tax returns from my accountant before watching this video, so I think the universe is conspiring to tell me I need to get serious about my financial future. I really wish there were school classes on basic investing.
:) i'm sure there are online courses, blogs, magazines, etc on the topic. Go out & find what you seek!
I am 14.....thanks Lavendaire to make me hungry to learn 😃😃😃 Love you sista.
Rekha Lahkar Deka aww yay! love you!
Bravo!!Your comment is 4 years ago meaning you are 18 don't know if you had invested in your 14? I'm 20 But I'm still afraid to do 😅 and I'm thinking investing may be a loong Process !!!
Yesss! Thank you for making this video!! Last month I read "Rich dad, poor dad" and my views on money completely changed. I'm 22 and I want to start investing but I had no idea where to start, and you gave me a few hints! ThankyouThankyouThankyou!
i love that book! such a great one. :) take advantage of your youth! good luck with everything!
I just recently got into investing and now I can't wait to watch my money grow (hopefully!) :) It's really not that complicated or scary once you try to understand the whole process
Omg I love this finance talk and I especially love that YOU'RE talking about it! Money is a big part of our life, yet not many youtubers put any stuff related to it on their channel. So disappointing. xx
yay so glad to hear that! it's true! money is a tough topic to do - I was scared to share this video because some people may judge you for it. glad to share the knowledge tho!
I love this, found it so helpful. Been following Canna's Sugar Mamma youtube channel for a while but still found this really useful. Thank you xx
Thank you so much for this and all the links!
I've been looking into this lately.... I am going to check out that interview you mentioned. Thanks so much for sharing
Loved this video and the easy language you used to describe everything! I'd love it if you could do more videos about investing like this :)
You and SugarMamma are my favourite YT channels!😍
ha! came here from your video on investing today. You said you bet no one watched this videos, well it got 65k views, 3k likes and 173 comments, which wasn't bad for 2016! Both great videos by the way, glad your channel is still going in 2021. keep up the good work 🙏🏼
Thank you for this video. I was kinda worried about it, but how calmly you explain everything made me less anxious. I just love ur videos. ^^
Aileen, thanks so much for this video! You've really inspired me to re-consider how I settle my finances. I hope you can make more videos like these!!
This is a really important message. It's so easy to put this off but it is really important for achieving financial freedom. Thanks for raising the issue.
consolidate your debt to one low interest rate when you start to get serious about fixing your debt, also investing in yourself and your own company can yield some great outcomes, and in some cases can even give you more money faster in the long run.
as i watch this vedio in 2018 i realise i have been following you since 2015 now! Thank you for all the advice, lessons and inspiration aileen! Love, light, peace!
All of your videos are seriously transforming my life!!! Thank you so so so so much.
This video was made this time last year and I am so happy to find it! Thank you for your tips and tricks Aileen! Canna from Sugar Mamma also has many great videos about money, investing, financial freedom etc.
i'm so happy i saw this videooooo! thanks lavendaire!!! you inspire me!
:D
I really appreciate the well brief explanation given by you Aileen. I love your content
After a hard day of work your voice is a so relaxing. And thats not even taking into account the value of your content.
:)
Just found your channel! Really amazing, diverse and solid content. Keep up the great work :)
Subscribed!
I learn much from you. Keep creating videos what you've learnt. Thankyou so much for sharingg.💕💕💕
You explain concepts so clearly. 👍🏼
Thanks so much for making this video! Extremely helpful, would love more videos on relevant topics like investing (that are millennial friendly)
Thank you very much for posting the resourses and the video. Im studying how to invest but not in english, so im gonna start it! Thanks again!!!! ;-** u always cheer me up! Xoxo from Brazil
I love your channel so much. You are one of the few people I've seen who makes it a mission to spread positivity and inspiration. Keeping pushing out great content. I am praying you gain more and more success because you really do deserve it.
thank you so much! this means a lot. please keep sharing my videos to others who would benefit from them! i get my support from you guys & i'm so thankful to be doing this
Fantastic video! I am an accounting student in Australia who has done Business Finance classes and your video was still a wealth of knowledge! Thank you so much!
:D
Thank you love! 🤍💙
I think you are the one that speaks very fluently. Your all videos have a few editing. Also you are so inspirational. Thank you for this kind of videos
aw thank you :)
Thank you! Finally I found what I was looking for!
Thanks lavendaire...For inspiring us ....u r awesome
Thank you for this video! Now I know a little bit more about investing☺
Thank you so much for this video. it helps a lot :)
This is a great video, and I like these introductions on the new platforms! Definitely inspired me to start investing in 2017!!!
This is great ! Thanks Aileen!
Thank you for this video! It is really informative ✨
I really have this desire to someday run a channel like yours seems so organised 😍 just way I adore😍😍
THANK YOU!! 😊😄🙌
I really enjoyed this video :) It was extremely helpful
thanks for making so many helpful videos and thanks for sharing this with us!
I have to wait until it's summer vacation before I have enough time to do my research (#teacherlife), starting with your resources, but you have convinced me that this is definitely a path I need to look into for my financial future. I have seen firsthand how important it is to have a financial safety net and there is no time like the present to start weaving that net. Thank you so much for this video, and sharing your experiences and resources. Please do more videos like this in the future!
Thanks for sharing, this is something I want to really get into. I want to make this something I can pass down to my daughter at an early age.
Great video, thank you!!!
This is great info! This saves me a lot of research time. Thank you so much!
This is a good video to introduce people new to investing to at least look into their finances.
Some good takeaways to viewers:
Pay off your high interest loans. It'll not make sense to not pay that off first as you are eating the interest. If you make interest from investment it is lost because you are still paying high interest on cards.
Have a savings account of at least 6 months for emerrgencies. This is self explanatory.
Invest with long term mind sent if you want to invest for retirment, and mix it up with some risk.
It'd have been good if you talked about Index funds. Seeing as though vanguard has a very famous one, it's the easiest and lowest cost way to buy a fund and just hold on to it without getting "professional help". This is what you get when you try not to beat the market and just enjoy the consistent 8-10% return for years.
"My advice to the trustee couldn't be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard's.) I believe the trust's long-term results from this policy will be superior to those attained by most investors - whether pension funds, institutions or individuals - who employ high-fee managers." - Warren Buffet
Great content as always and thank you for sharing your experience. I didn't know there was such a thing as "millenial friendly" and Etrade is moms app. I guess I'm old lol #feelsbadman
great comment! thanks for rounding up the points :) I had in my notes a section explaining stocks & bonds and maybe mention ETFs/index funds but I decided to cut it out because it would make the video too long and technical. I didn't want to overwhelm people, but thanks for this info and the Warren Buffet quote!!
and loll i didn't mean to make you feel old! I'm very visual so I care a lot about simple/effective design and user friendly platforms.
I agree about the platforms. Learning how to invest on these older applications is a bit dated. Thanks for the motif info also as I had never heard of it. Keep up the great content for us simple folk
wow this is the perfect video. i've been looking into investing but there was too much going on but the vid pretty much answered a lot of my questions thanks!
awesome!
Thank you!!! This was very encouraging and helpful:)
+Tina Nguyen 💕💕
This was very helpful. Thank you Lavendaire.
you're welcome :)
Once I started looking into personal finance, the finance class from college finally started making sense. The only thing I got out of that class was to diversify haha
haha me too from my class! :P
Awesome
I like how BETTERMENT has the retire guide calculator and no minimum first deposit!
yup!
This was very helpful!
I needed this!! Thank you!💓
Yesss I need to learn about this.
yesss
Who the hell are those 10 people that down voted this video? Are they serious? This information is solid.
I love the icy blue your hair faded into!
me too! thanks :)
Excellent topic, thanks! I nearly fell over when I found out Australia has Acorns. Was expecting not to have any options down here yet ;) I love that its just spare change - you don't have to first build up $1k or something. Totally do-able and I won't even notice it!
:) awesome!
Thank you
Where should I get started on investing? Should I go through my bank (Chase)?
Really-really helpful video! Thank you for all the information! Can everyone (citizenship, residence) invest in these?
Thanks a lot for your research! I was just about to do that, but didn't know from where to start. I was searching for opportunities to invest for couple months, and yet had no idea about these micro investing services!
exactly! I didn't know where to start but I just went head first into the research haha. glad I could cut down the time for you guys!
you deserve a million subscribers
Great informative video! But I do have to disagree when you said you should invest after you get yourself out of debt. Just because you can pay debt and invest at the same time depending on your financial situation. Compound interest and time are your best friends when you invest
Great video and tips! Your hair is so cool by the way! (:
hehe thanks! yes i'm loving this shade rn
Does anyone know of any spare change investing services for Canadians, like Acorns and Stash?
Fab video, Aileen! xx
hi dear, the topic you are talking about is interesting for me. One question, are these apps worldwide friendly or it applies only to some part in the world?
I love e*trade. I use it because of my job's 401K platform. It is a lot of DIY but they have great customer service and it is 24/7. I do use other platforms that you mentioned as well. I am not an expert either, but I am learning so much. I first had to start with my debt and the goal is passive income! Investment can be scary, but there are so many great books and videos out there. Thank you so much for this video, you had so much great information in it.
Invest on bitcoin and precious metals. Cash is not a real money, it's just a currency that's being printed out without value.
Awesome
How do you pursue multiple goals at once effectively?
This girl is an awesome catch! Whoever ends up marrying her will be one lucky guy lol.
Thien An Vu she is married 😶😂
@@camryn6384 I thought she just had a BF
So that sort of investment sounds like saving for retirement and not touching the money which is good too. But how do you invest to make income now?
Hey can you do a review on DriveWealth app. Also, I have no idea on investing. If i invest, how can I get my money at the end of the day? Do I sell me investment?
Just in time :)I all time wonder where to invest money as i wont have pension.
Same time im scared if the company i i vest will exist for 40 years and how to get money i have grown? And can i take out money before 20/40 years if i need it earlier?
If the market drops and my invest looses money is the money forever gone or does the money have time to come back around
Compounding is powerful. You might be interested in reading "The Elements of Investing- Easy Lessons for Every Investor" by Charles D. Ellis. It's a very small and simple book on investing and recommends index funds. I found it to be very useful when I first got into investing a couple years ago.
thanks for the suggestion!
u know what I choose the vedio because of the title then I find my self just looking at u and forget to focus on the topic lol plz what is the programbof editing that u use in this vedio thnk u so much honey for all
I am always watching your video❤ It was really interesting😊 I am 19. I'd like to start to invest💫What did you invest when you were 18?🌟
I use Robinhood. I just signed my mom up for an account, too. I have Motif, but I don't use it. Lol. I can't wait to make enough to invest more. I like tech stocks.
I have a B.S. in Business Administration, so I learned all of that stuff, too. But, I'm a freelance writer / graphic designer who is a graduate student in Information Systems. So, I landed in technology.
Universe brought me here :)
I would really love to invest through betterment however, I’m not from America ☹️ (to sign up, i need an American address)
With these forms of investing, how long do they have to sit around? I would love to do something that grows over say, 10 years instead of 30.
everything has its risks! investing for 10 years would be more "risky" than 30 but it's totally doable. Longer time usually means more growth. In 10 years, it won't grow as much. If you want it to grow fast in 10 years, you will have to take more risk and really do your research to trade on your own!
These apps of robo advisors are not available for our country India 😞
Aileen share some ideas for passive income
I have an Acorns account and I'm considering the other options you've listed.
I'd recommend Robinhood while starting out!
Can I invest on those robos even though I'm not from the US?
Hi Aileen. Is it only for American?
can people outside the US use these sites too?
interest is the reason people are in debt in the first place
imo its not fair money. You make money out of nothing and thats on the back of someone else.
Invest in real estate or w/e and earn honest money by renting it
Advice
Woow this was from four year ago!! Where tf was I?
💸💸💸💸💸
😊
Does anyone here can tell their experience in investing?
im curious
Just stared at your gorgeous hair for the whole video🙈
haha 🙈
Have you checked out Loyal3? I have been curious about that site
i haven't!