Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Sylvia Nicolas
sylvia nicolas concept is key in beating all odds to excel in this form of online commodity. Her management team is quite impressive so far! With SUK made a profit of over 28,863 dollar
While investors are preparing to celebrate this year's soft landing, economic data doesn't appear to be cooperating, I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?
A solid strategy can be a key component of an investor’s portfolio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
Very true. Despite having no prior investing knowledge, I started investing after the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
Absolutely true. I started investing following the pandemic despite having no prior experience, and I made about $950k in profit that year. Actually, all I was doing was seeking expert counsel.
I've changed advisors a few times before settling on "Aileen Gertrude Tippy," whose assistance is excellent. You can definitely get her fundamental information by doing more research on her on your browser, in my opinion.
I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.
That's true,. Its really needful for beginners not to settle for videos alone or they will see themselves losing all their money just like me when I newly started trading with this videos here on RU-vid.
Am forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Sonia Dickson.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
I was wondering how many ETFs is ideal for my portfolio? I currently own VAS, VGS & NDQ but I'm thinking about IVV or VTS as I believe the US market will do well.
I'm not there yet with passive investing, but having dividends coming in definitely takes the edge off the cost of living rises for sure :) will let you know when I reach financial freedom!
Blueberry, hey Quennie great tips, love them. I was just wondering, for beginners what's the difference to starting with something like Pearler vs raiz or Spaceship? Wouldn't it be simpler to just invest in spaceship portfolios as they do provide good returns, and set and forget? I guess with Pearlier you can choose which ETFs etc to trade on, but then as a beginner is hard to know and analyse it. Just wondering why not just go for a micro investing app?
Hi Quennie. Would you put your emergency fund in a high yield savings acct with 5% interest or put it in an offset account if you are on a mortgage with 6.15%?
It’s up to you! But something interesting is interest on savings is taxed but if you put it in a offset, since you’re saving interest and not earning interest it’s not taxed! Something interesting to note. But it’s up to you at the end of the day 🥰 and if unsure you can speak to an accountant!
Queenie or someone who knows please answer my question. New to investing here, If I buy say 10 BHP shares in July 2023 and 5 BHP shares in September 2023 I sell 11 BHP shares in August 2024. How much will I be taxed? The 10 BHP shares owned for more than 12 months will be taxed at? The 1 BHP share owned for 11 months will be taxed at? When selling shares is it first in first out? Shares bought first are the ones sold, when selling?
My understanding is if less than 12 months than tax on 100% capital gain. If more than 12 month than tax on 50% of capital gain. I may be wrong as I m not a tax consultant or financial advisor
Yes there is a 50% capital gains tax discount when you hold your shares for more than 12 months like Danielli said ☺️ one way the ATO likes to reward long term investors!
I have some experience in the cryptocurrency space and would be happy to share what I've learned along the way. Whether you need help understanding market trends, setting up secure wallets, or deciding when to buy or sell, I'm here to assist you.
I have some experience in the cryptocurrency space and would be happy to share what I've learned along the way. Whether you need help understanding market trends, setting up secure wallets, or deciding when to buy or sell, I'm here to assist you.
Great investing strategy summary. So easy these days with the apps etc. When I was your age the world of stock market in Canada was mysterious and out of reach of the common people, I'm glad that now younger generations can have access to riches in their lifetime and get out of the rat race and hedonic threadmill before kicking the bucket. 😂
I have some experience in the cryptocurrency space and would be happy to share what I've learned along the way. Whether you need help understanding market trends, setting up secure wallets, or deciding when to buy or sell, I'm here to assist you.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you cielo scotti.
" Chess Sponsored Broker ", " Holding Investment Account ", " Defensive Investments", ETF, I thought this was a beginner video. Have zero clue what she's talking about.
Brilliant video Queenie awesome work!! Thank you so much I'm new in Australia and everything for me has been very scary and frustrate as I do not find much information about investment thank you so much ( Blueberryyyy)
