40 Year Old Guide To Retirement 

I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

@@FlorentGulliver That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

@@MateoLevi- My advisor is Victoria Carmen Santaella

You can look her up online

@@FlorentGulliver The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

Not quite long I started investing. I did a trial investment in stock like Disney but to be honest I don’t know what am doing and I don’t think I made anything either. I'm very curious and need help on how to enhance and increase my returns. Any good investment tips would be appreciated. .

@@paigehuston2060 investing requires higher knowledge. I invest across the top markets but not by myself tho. i follow the guidelines of Alexandra Diana Jose. you might have heard of her.. I can correctly say she’s worth her salt as a investment advisor as her diversification skills are top notch/ I say because i see that in her results as my portfolio grows by averages of 30 to 5O% on a monthly basis, unlike i can say for my IRA which has just been trudging along. my portfolio just mirrors what her place and not just on some particular industries of my choosing. .

@@paigehuston2060

@@stephaniejose5565 please how do i get in touch with her. Impressive. Would you mind sharing some more details. I’d like to have a talk with her.

@@paigehuston2060 She is easy to find , make a quick research of her on the internet with her name Alexandra Diana Jose . She works with anyone independent of their location.

If you’ve got patience I believe it’s a great time to invest… I’m no expert but as Warren buffet said he’s seen this happen a number of times throughout his life

@@harrisonjamie794 I've known I had wanted to start investing for a few months but just haven't been brave enough to start due to the market so far this year. I have $60k I want to transfer into an S&S ISA but it's hard to bite the bullet and do it. $457 is a huge milestone, Please what's your strategy? I will love to have an insight

@@jesbensommichael8397 I began with a fiduciary portfolio advisor by the name MARTHA ALONSO HARA. She’s verifiable and her works ethics is in accordance with the US investment act of 1940. Her approach is transparent allowing total ownership and control over my portfolio with fees very reasonable in comparison with my investment-income. Also, She covers things like investment insurance, making sure retirement is well funded, Go over tax advantages , ways to have a volatility buffer for investment risk. many things like that.

@@harrisonjamie794 Investment now will be wise but the truth is investing on your own will be high risk. I think it will be best to get a professional👌

@@jesbensommichael8397 MARTHA ALONSO HARA really seems to know her stuff. I looked her up on the web using her full name and found her page, read through her resume, educational background, and qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I'll book a session with her

Welcome aboard! 🤝

Coming soon...

Depends what the interest rate on the mortgage is. A rule of thumb I’ve heard financial professionals use is if the mortgage rate is above 6% it may make sense to pay it down early. If mortgage rate is below that, you can put it in 401k or a taxable brokerage account and invest in the market since you’ll have a long time horizon. It’s all up to you though cause you may look to refinance the duplex mortgage in future too. Good luck

I disagree. Youre not screwed. One thing is for certain: Time is gonna keep moving regardless and youre gonna thank yourself later that you started. So what if you fall short from being worth 2 million at 65, you may still have 1.2 million lol. Guess what? Most people we know will be broke because theyre not even thinking how youre thinking. I applaud you and I say Good Job. Keep Going. We're in this together. If you have enough dividend income to pay your mortage/rent for the rest of you life when in your 60's, and only have to come up with money for utilities and food, I would say that you didi a hell of a job.

@@SeanyStacks Ya that's true but I'll only end up with 100k at 65 which is better than nothing but honestly I'll be working my entire life...

@@SeanyStacks thanks though for the inspiration

You are not screwed at all. Try doing 12 percent and figure out ways to cut costs. Get a part time job on weekends. Sell things you dont need and don’t ever buy a new car

@@martinl2930 I'm working on it but it's tough, I bring home around $2200 a month and rent is $1400 here. If rent goes back down where I can buy a house I'll be in way better shape

You can call a couple local financial advisors and fiduciary’s. Tell them you situation and see who can set you up with an account. As a 1099 worker you can invest as much as you make up to the limits. So if you make $4k a year you can only invest a max of $4k. If you make over the limits (for your age) you can max out either a Roth IRA or a traditional IRA. Both have benefits and can be good. I personally like the Roth since the taxes are paid now. Max for a Roth for you is $6k. You can also start a solo 401k which will allow you to save even more than $6k. Best advice would be call multiple people and set up calls with them. If you don’t like them move on. It’s your money and they are working for you. Also make sure you understand what you are investing in. Ask lots of questions.

No, you’re not screwed! We did a video on retirement plans that goes over your options. Once you have a good understanding of the plans, you can pick the one that makes the most sense for you. The most important part of retirement planning is getting started!

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-K5OA59JFLFQ.html

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Seems like a comment for yourself

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Yes. Your experience and knowledge. That will be the best investment ever