Get ready to get comfortable with all things finance. Money, investing, wealth building, we cover it all. Because the more you understand personal finance, the better life you can live.
Please note that this channel does not provide financial advice, videos are made or entertainment purposes only.
US sovereignty is collapsing. Failing society and political instability. Racism is increasing than ever before. Thanks to social media, and fake freedom of speech propaganda.
Dividends got me into investing in the stock market. In my opinion, if you're investing and have income other than dividends, you can live on dividends without selling. That means you can pass this on to your kids to give them a head start in life. I have over $600,000 in my portfolio which include some covered call etfs for dividends and other etf`s for growth; (SCHD, DVY, VIG, SDY & JEPI)
Investing in REITs and high-dividend-paying companies long-term is a simple strategy for creating intergenerational wealth. It's surprising that over 98% of billionaires are stock investors, expanding their billion-dollar portfolios. The rich do what the poor fear!
Unfortunately When it comes to investing, most people seems to be ignorant and nonchalant towards it, when investments should be the best thing anybody can do for themselves. till today my profits in stocks and crypto continue to impact my wealth greatly. Therefore i don't feel any urge to solely depend on my salary or wait for the market to enter a bull run.
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "Melissa Elise Robinson" for years and highly recommend her. See if she meets your criteria.
I'm glad I stumbled across this discussion. If you don't mind, could you tell me how to reach this financial adviser who helps you with your investments?
I have been self managing my portfolio for the past 5 years and also have $1m in assets under management. I have underperformed the past 2 years and this has got me worried, Are there anyways to turn this around or should i sell off?
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
I'm sorry but the definition of middle class has more to do with whether or not you have to labor for your income as well as having a decent income and net worth. Anyone who makes less than 100k a year is likely not middle class, although there may be some exceptions. I would even go as far as to say that in today's inflated economy you likely have to make 150k or a above to be in the middle class. If you are a laborer, which means laboring with your mind or hands, and you make less than 100k a year you are likely working poor or lower class. I think too many people falsely think they are middle class and just don't know they are lower class. None of us want to think of ourselves as poor or lower class.
I am at the beginning of my "investment journey", planning to put $85k into dividend stocks so that I will be making up to 5% per year in dividend returns. Any advice?
Adding JEPI and JEPQ are smart additions in my opinion. As for staying committed to higher-risk investments, it's all about balancing your risk tolerance with your long-term goals.
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.
For someone starting with $85k, begin with S&P 500 ETFs, diversify across asset classes, and invest consistently to minimize risks and maximize growth. Partnering with a financial advisor can help streamline your strategy. This approach turned $100k into $53,000 in annual dividends.
I have cash in the bank that I want to invest in the stock market, but I'm worried about choosing the wrong stocks. Could you refer me to your financial advisor?
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "Melissa Elise Robinson" for years and highly recommend her. Look her up to see if she meets your criteria.
A rich life which gives you a little bit of time and work-life balance costs you financial independence because it'll be low paying. Tough choices to make. Keep in mind, investing provides a jumpstart to financial freedom. At 34, I already have a $6m portfolio.
Varied sources of income is wise and especially living within your means. My net worth is $2M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1 million in returns on investments.
There are many independent advisors to choose from. But I work with "Melissa Elise Robinson " i and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
Thank you for sharing, I must say, Kristin appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled
The first step to successful investing is to know your goals and your ability to take risks either on your own or with the help of a financial professional, but it is highly advisable you work with guidelines
My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire. With the current market movement, you have $100,000 to invest. Where are you investing it?
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.
During bear markets, aim to 5x your portfolio with crypto accumulation and reinvest dividends. Consult a financial advisor for assistance. Since 2020, my $1.2m portfolio has averaged 28% annually through restructuring and diversification.
She goes by ‘’Melissa Elise Robinson’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thanks for sharing. I searched her full name and found her website instantly. After reviewing her credentials and conducting due diligence, I reached out to her.
Hello. Found your channel and I have my sons watch them. You are very good at what you do. I am 62, retiring in 3 months after 35 years of being a lawyer. A job I hate. My wife and I have lived by the principles you teach and it works. Keep it up.
This sounds like an Ad for the US Colonial Empire. Instead of Tribute Paymants resources are appropriated at US Prices. The support the US Dollar gets from forcing Saudis and some others to buy US Treasury Notes, appears to be how Tribute Payments are handled? I thought the UN had publicly condemned Colonial Exploitation? Just because you describe the action as some Euphemism the exploitation remains as it has in all Empires. We have no Caesar to condemn, the policy has been consistent for 30 years. Both Parties endorse the Colonial appropriation.
The first step to successful investing is to know your goals and your ability to take risks either on your own or with the help of a financial professional, but it is highly advisable you work with guidelines
The first step to successful investing is to know your goals and your ability to take risks either on your own or with the help of a financial professional, but it is highly advisable you work with guidelines
Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security.
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Now thieving evil usa is looking more and more like a 3rd world country 😂😂😂😂😂😂while Africa, south America and asia ,middle east are growing faster and smarter because of BRICS+❤❤❤❤❤❤
The first step to successful investing is to know your goals and your ability to take risks either on your own or with the help of a financial professional, but it is highly advisable you work with guidelines
People should be very wary of relying on their spouse’s social security. Death is 100% certainty. You need to make sure you can afford to live independently. Once that is established, enjoy the extra money from a dual income household.
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment without any extra fees attached
To be honest I invested as low as $10,000 because I was skeptical initially.Recieving my profit weekly without any attached fees gave me more confidence to reinvest
Goodness gracious I'm so excited seeing Ms.Anna Rodriguez been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a RU-vid referral like this.
So at what age are you talking about taking Social Security? I don't want to work till 67! Also, healthcare costs are huge! $500 per month to carry my employer insurance into retirement not to mention if we end up needing Medicare Part B at age 65 that would be the premium times 2. Which right now is $174 each! Plus $500 plus for employer health plan.
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 an…
A kot of these publications are business oriented and have a vested interest in keeping you in the workforce as long as possible. So they over state what you need to retire so you keep working for as long as possible.
The first step to successful investing is to know your goals and your ability to take risks either on your own or with the help of a financial professional, but it is highly advisable you work with guidelines
How will Saudi pay for weapons purchases. Without American security the Middle East is doomed. America will always reign supreme. Don't believe the BS.
The first step to successful investing is to know your goals and your ability to take risks either on your own or with the help of a financial professional, but it is highly advisable you work with guidelines
I have always enjoyed your videos and information. Very informative. I have never commented but today, you crossed to another level with your advanced ability to create an even better quality video…. You have been advancing to anew level, which I really enjoy. Thank You ! I hope life is good for you and your family, I enjoy your hard work !
The first step to successful investing is to know your goals and your ability to take risks either on your own or with the help of a financial professional, but it is highly advisable you work with guidelines
I have a friend that has a lot liabilities (mortgage, HELOC, cars and so forth), he is nowhere near maxing out on the company 401K yet he is buying Nvidia stocks post split. Speaking with him it's clear he doesn't know much about investing; I think it is all about getting in on the action. I got a blank stare when I suggested that if he wants to go that route, consider monthly or bi-weekly auto investing fractional shares to take advantage of dollar cost averaging. I also mentioned to him that our Fidelity 401K offers FXAIX an S&P 500 index fund that fund is 5% Mvidia stock at a low cost I think the expense ratio is .04%
The first step to successful investing is to know your goals and your ability to take risks either on your own or with the help of a financial professional, but it is highly advisable you work with guidelines
The first step to successful investing is to know your goals and your ability to take risks either on your own or with the help of a financial professional, but it is highly advisable you work with guidelines..
Then Dow 30 is a meaningless index compared to the S&P. I wish it was not so broadly reported--if you look at the cherry picking the Dow does. For example, when Sears was dying it was replaced with walmart. AT&T and GE were dead money walking so we're dropped. GE after 122 years, and ATT was replaced by Apple. Dow has a solid view of its rear view mirror.
How true. It was thought up by a couple of newspaper guys, and has nothing to do with much of anything. Modern indexes are crafted to, well, indicate something useful!
My husband and I were fortunate enough to be able to pay off our mortgage early. We were both still working, and took the payment amount that we had been using to pay off our mortgage faster and we put it straight into investments. We were able to retire early because of almost 7 years of putting away what would have been our mortgage payment as well as maxing out our 401K/403B plans. Thankfully we were taught by both of our parents the value of living within our means. Thank you for your advice. I know it will help people. we are interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Some food for thought…My plan had always been to retire at 62 but I’m currently 66 and still working full-time. 4 years ago, unbelievably, both of my parents got diagnosed with dementia. They had to go to a memory care facility, and here where I live, California, we are paying $12k per person per month, so $24k a month total. The cheapest place we found was $16k per month, for both of them, for full time live-in dementia care but my parents had the money so we put them in the more deluxe $24k per month accommodations but if you consider $8K a month is going to be the minimum you need for a single person’s decent full-time memory care for dementia, which is not covered by Medicare, and if you didn’t have the foresight to buy a long term health care plan to fund it, you will have to deplete all your assets and then go to a state run facility, which is not fit for a dog - believe me I visited. I get it that this is a worst case scenario, but I am living it and it really got me thinking that what if this happens to me? After all both my parents have dementia (as did my grandparents) so there’s probably a decent chance this will happen to me and if it does, the burden of some of this cost will fall to my children, which I would never want to see happen. It is because of this, I don’t feel I can ever retire. I will continue to work as long as I am able just to minimize the potential financial burden to my children. The only solution is if you get a dementia diagnosis you pretty much have to kill yourself before you’re too demented to know how.😢 In my parents case we have already spent over $1M on their long-term dementia care. None of you You Tube financial gurus talk about this reality. So agreed, you don’t need 1M to retire. You probably need at least 2M. You say you are the person who asks the “what if“ questions but you missed a very obvious one!
The first step to successful investing is to know your goals and your ability to take risks either on your own or with the help of a financial professional, but it is highly advisable you work with help
In a world where fractional trading is becoming the norm, do stock splits even have relevance? If I have $100 to invest...I invest $100, the underlying stock price doesn't really matter.
There are some restrictions that the company I trade with, Schwab, applies to fractional shares. So, it depends whether these apply to your broker and your situation. The ones Schwab called out have to do with transfers, splits, and voting.
The US Govenment is adding 1 Trillion dollars to the debt every quarter (approx every 100 days). Thus, about 4 Trillion dollrs a year our debt is growing. Soon our debt will approach 200% of our GDP. At 200% of GDP, we do not know exactly what will happen, but almost everyone agrees that it is not going to look pretty !!!! What do you feel will happen if we do not control our govenment spending and constantly printing $1 Trillion every 100 days??
The first step to successful investing is to know your goals and your ability to take risks either on your own or with the help of a financial professional, but it is highly advisable you work with assist