How To Manage Your Money (50/30/20 Rule)

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In this video I present a high level overview on how to manage your money using the 50/30/20 Rule.
Money management is 90% discipline and 10% knowledge. The 50/30/20 rule will force you to create a budget and understand where every single one of your after-tax dollars is going.
50% of your budget should be spent on needs which are are things that are essential to life and that you literally cannot live without.
30% should be spent on wants which could be classified as things that bring you joy and happiness, but are NOT essential to living. (Dining out, entertainment, hobbies, etc.)
The final 20% should be spent on savings, paying off debt, and retirement planning.
I feel like a lot of people confuse wants for needs, and we know the difference deep down, but we really want the one that we don't have the self-discipline to say no.
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My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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Опубликовано:

29 июн 2024

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Комментарии : 4 тыс.

@TheJackCain-84 13 дней назад

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

@kevinmarten 13 дней назад

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.

@Jamessmith-12 13 дней назад

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.

@JacquelinePerrira 13 дней назад

Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

@Jamessmith-12 13 дней назад

'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

@JacquelinePerrira 13 дней назад

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

@EthanMaloney-qp4lh 12 дней назад

I had $150K in cash savings sitting in the bank with minimal gains, so I decided to invest in stocks after hearing about people profiting even during market crashes. However, my portfolio isn't performing as well. How should I invest at this point?

@FelineAirstrip 12 дней назад

Guess you did not do enough research on stocks you bought. there are strategies that can get you a lot of profit in the market, but you have to consult with a finance expert to help you diversify your porfolio

@WestonScally7614 12 дней назад

Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.

@SaintYvess 12 дней назад

Wonderful!!! I've recently sold property and aim to invest the proceeds in stocks, I'm seeking guidance. How can I reach them?

@WestonScally7614 12 дней назад

’Jennifer Leigh Hickman’ is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

@JordanReam8186 12 дней назад

Wow, her track record looks really good from what I found online.i just searched her name and messaged her and I also scheduled a call with her

@Lfgyf 17 дней назад

I don't mean to brag but I just paid off my mortgage and I'm officially debt free! I put in 20k into various assets which I saved using some of these techniques last year and flipped into six figures within a few months and still going. I hope to attain financial freedom soon. One more thing, keep up the good work.

@Freddyyyy266 17 дней назад

Well, congrats, but you can’t overlook the fact that it’s paramount not to get greedy but to remain invested through careful study, if not you can lose it all.

@mendeleyborisov92 17 дней назад

What assets did you invest in? I'm new to this and don't know what or where to invest in.

@Lfgyf 17 дней назад

It’s not rocket science. As I said previously, I got into stocks, index funds, and REITs, myself but wasn't getting the results I wanted the first couple of months. Got tired of taking losses and decided to seek mentorship from Jonas Herman, a certified fiduciary who helps oversee my investments.

@Pathston 17 дней назад

@@Lfgyf That's your view. In my experience, there is no such thing as a mentor or formula, it is nearly impossible to achieve success with investing. It’s all just gambling.

@Ferocious923 17 дней назад

Sounds like I need help so bad. To me, these get rich quick schemes are not worth it and I know that's the same mindset holding me back from taking a step forward.

@Bernando441 2 месяца назад

It's quite shocking how few people know about the forbidden book: Making money your reality

@johnnyrocket1685 Месяц назад

Well that literally flies directly in the face of what Jesus taught, and if we’re going to talk about how it’s shocking people don’t make money their reality, we should be willing to look at the exact reason why they don’t do that. Christianity and Catholicism have been the largest religions in the Western World for hundreds of years. It’s what has driven us to become what we are today. Jesus said “You cannot serve two masters. You cannot serve God and Money. You will either love one and hate the other, or respect one and despise the other.” So that’s why people in the West are so abhorrent to the idea of “Making money their reality.” Because to do that is to go against the very religions that have controlled our societies for a long time. . Meanwhile, the ones who run these religions are the ones with the most money and the most power in the physical world. It’s a vicious cycle.

@ishka3405 Месяц назад

Where can i find this book? When im looking online i cant seem to

@MarcelMcGowan 6 дней назад

just sold a property in Texas and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

@beardswashingtonmen 6 дней назад

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

@McKnightCutkosky 6 дней назад

Very true, despite having no prior investing knowledge, I started investing before the pandemic. and pulled in a profit of approximately 950k that same year. In reality, all I was doing was getting professional advice

@iuordanmatkov261 6 дней назад

I sincerely aspire to established a secure financial future and I am eager to participate , who is the driving your success?

@McKnightCutkosky 6 дней назад

I'd say a little due diligence on "Dianne Sarah Olson" truly exceptional

@Healthwithleo 6 дней назад

thanks for this tip... it was so easy to find your coach.. did my due diligence on her before emailing her. she seems proficient considering her resume

@shirleybarbara7272 5 месяцев назад

The job of finance experts has expanded more than ever, and it is now essential to have a strategic outlook, industry-ready financial knowledge, and caution to help boost firm profitability and expansion.

@annagriffin6428 5 месяцев назад

As the stock market continues to expand, there are plenty of opportunities to work with international clients and manage foreign investments.

@durhammiller2724 5 месяцев назад

This can be a great way to diversify your portfolio and gain valuable experience in different global markets.

@lucianremaphosa8837 5 месяцев назад

Investment management offers global opportunities.

@georgioagave7744 5 месяцев назад

As long as you have basic knowledge of the stock market and a desire to learn more about investing, you can quickly get started in the field by getting an expert financial advisor like Bianca Harley Doran for the purpose of achieving great investment returns.

@matildahumphrey1121 5 месяцев назад

It is an intellectually stimulating career.

@johnlennon232 3 месяца назад

if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries

@alexyoung3126 3 месяца назад

the idea is to Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions.

@williamyejun8508 3 месяца назад

Well said, with the help of the an investment advi-sor, I diversified my 62K portfolio across many markets and in a matter of months, I was able to produce over 356K in net profit from high dividend yield equities, bonds, and exchange-traded funds (ETFs).

@jessicamoore3093 3 месяца назад

wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you dont mind me asking? in dire need of asset allocation

@williamyejun8508 3 месяца назад

She goes by 'Rachel Sarah Parrish'. I choose to delegate my excesses to her because of her great expertise. I suggest you look her up. To be honest, almost didn't buy the idea of letting someone handle growing my finances, but so glad I did!!!

@jessicamoore3093 3 месяца назад

I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly.

@danieltaylor--65 Месяц назад

With a keen interest in investing, I often ponder the strategies that propel top investors to millionaire status through their investments. Having recently sold my home and acquired $545K in equity, I'm uncertain about my next move. Should I invest in stocks now, or should I wait for a better opportunity?

@JenniferDavis7630 Месяц назад

diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.

@Angelinacortez495 Месяц назад

The significance of advisors often goes unrecognized until emotions cloud judgment. I remember a couple of summers ago, during a challenging divorce, when I needed significant assistance to sustain my business. Turning to licensed advisors, I discovered someone highly qualified. Despite inflation, she played a crucial role in boosting my reserves from $275k to $850k.

@Emmahernandez. Месяц назад

What strategies can I employ to pursue this opportunity? I am wholeheartedly dedicated to securing my financial future and am enthusiastic about getting involved.

@Angelinacortez495 Месяц назад

My chosen licensed advisor is Laurelyn Gross Pohlmeier. It is advisable to conduct research on her name to gather the relevant information needed to set up a meeting.

@CarterHall-re5fu Месяц назад

I searched for her complete name on the internet and located her page. I then sent an email and scheduled a meeting to converse with her; now, I'm awaiting her response.

@eduardorodriguez550 5 лет назад

My supervisor who makes way more than me said she needs a place to live because her landlord is selling. Should've seen the look on her face when I told her I had a vacancy at one of my rentals.

@MohamedHussein-ou5sj 5 лет назад

E Rodriguez you’re 4 the ppl 🙏🏽

@ucfkid67 5 лет назад

Is she hott?? Lol

@MissLiveLaughLove1 4 года назад

Love it!

@PeaceDayCortez 4 года назад

E Rodriguez 🤣! Love it!

@johnsonkids3058 4 года назад

E Rodriguez it's not how much you it's how much you keep

@jameswood9772 Месяц назад

I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accts totalling over $250k. I took a big hit in Q2, 2023. Right now i am just looking for ways to recover in 2024.

@alexyoung3126 Месяц назад

There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts

@bobbymainz1160 Месяц назад

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

@austingraff1881 Месяц назад

this is all new to me, where do I find a fiduciary, can you recommend any?

@bobbymainz1160 Месяц назад

'Rachel Sarah Parrish' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment

@austingraff1881 Месяц назад

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

@ChristopherAbelman Месяц назад

I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.

@PennyBergeron-os4ch Месяц назад

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

@FinnBraylon Месяц назад

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 67% profit in 18 months

@HildaBennet Месяц назад

I subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?

@FinnBraylon Месяц назад

Sonya Lee Mitchell is a renowned figure in her line of work. I recommend researching her credentials further.

@HildaBennet Месяц назад

she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing

@esther.74 11 месяцев назад

The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??

@talented009 11 месяцев назад

Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan

@ThomasHeintz 11 месяцев назад

I agree, I've been in constant touch with an Investment advisor for approximately 17 months. These days, it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my advisor comes in, to help me with entry and exit points , I've accrued over $337k from an initially stagnant reserve of $148K all within 18 months...

@Adukwulukman859 11 месяцев назад

@@ThomasHeintz I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor??

@ThomasHeintz 11 месяцев назад

I work with an advisor named “Elise Marie Terry.” Her honest approach gives me complete ownership and control over my position, and her rates are incredibly affordable given my ROI.

@DarleneMurphy774 11 месяцев назад

@@ThomasHeintz Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

@Rob... 5 лет назад

50/50 is how i roll, i was in debt never again, im addicting to saving money now. i'll never be poor again!

@greatlife6846 5 лет назад

Like ur attitude!

@JimBobe 4 года назад

I save 60% i decided to move back home after college and save up a bunch. Graduated debt free too!

@ethanreed3070 4 года назад

gaaaaay. live life a little

@Sabadiver 4 года назад

Same here although I'm more like 70%. I will never be in debt again, I don't like to be owned by some institution or person.

@Sabadiver 4 года назад

@john gaynor good point, must invest.

@JimBobe 4 года назад

I currently have 60% going to savings. Just graduated college with 0 debt too!

@WhiteBoardFinance 4 года назад

That's awesome, keep it up!

@ralphwilliams2396 4 года назад

Congratulations

@youtubeaccount0x073 4 года назад

Jim Bob well you must be rich

@msharif2257 4 года назад

I like that 👍 Keep it up” I support you. Is what I have to do:) I’m working on it👍

@johnmabbett6586 4 года назад

Exactly, did the same, i have saved the amount people have in dept out of college. Screw pride lets go with common sense, i save on rent, while paying the parents half of what rent alone would be so they save on their mortgage, it's win-win

@lawerencemiller9720 5 месяцев назад

There is potential for considerable wealth increase with the correct strategy. I want to know; How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?

@williamyejun8508 5 месяцев назад

I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

@jessicamoore3093 5 месяцев назад

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

@williamyejun8508 5 месяцев назад

Natalie Marie Tuttle is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@jessicamoore3093 5 месяцев назад

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

@Johnmiccael1 5 лет назад

I don't know why this stuff isn't taught in grade school.

@WhiteBoardFinance 5 лет назад

I have a hunch...

@thegangvault2 5 лет назад

It makes you more difficult to control if your finances are stable.

@bullish1920 5 лет назад

Some of it is. (Not exactly this) in Florida a economics class is an elective in HIgh School

@Anthrax57 5 лет назад

They want you go to school to get a job. That's it. Not get rich.

@briank5877 5 лет назад

They want you to go into debt as USA is a consumer economy. This type of stuff is only learned at home or individuals that seek it out.

@astarajarvis9965 4 года назад

I'm looking at this dudes handwriting like, yup he's definitely a teacher

@WhiteBoardFinance 4 года назад

LOL!

@joshvb9484 4 года назад

Or a doctor 🤣

@Marta_Fanai 4 года назад

@@joshvb9484 lmao

@ryanw.975 4 года назад

he is

@johnblah1040 2 года назад

@pïnned by Tan Choudhurry. 🖕🏿

@joesphcu8975 Год назад

invstors need to act cautiously but remain vigilant in monitoring the market landscape for opportunities to pick up high-quality assets at discounted prices. These are difficult environments, but they also coincide with the best opportunities.

@alexyoung3126 Год назад

Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal

@checkforme234 Год назад

This is why being informed pays off. I see any market condition as an opportunity, so far i just dollar cost average. I've accrued $321k so far in 2022 as raw profits under the guidance of my Financial-Advisor "Eileen Ruth Sparks"I don't pay attention to the day to day movements, Returns have been good. Not retiring any time soon so who cares what happens today?

@kimyoung8414 Год назад

@@checkforme234 Glad to have stumbled on this conversation.I'm a typical late 40's, working class mom concerned for the future in all aspects of where we all going, in this breath finances. Please can you leave the info of your Financial-Advisor here? I’m in dire need of one

@checkforme234 Год назад

You can easily look her up, she has years of financial market experience.

@Jamespearson698 Год назад

The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

@CraigMitchell376 Год назад

The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

@Stanleytucci819 Год назад

Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.

@frankcurrie6277 Год назад

@@Stanleytucci819 Please can you leave the info of your investment advisor here? I’m in dire need for one.

@Stanleytucci819 Год назад

my financial advisor is DIANA LUISE HINES. A middle aged lady from USA who really knows her stuff

@KalebWhite816 Год назад

@@Stanleytucci819 Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals, and scheduled a call

@laurelharper123 6 месяцев назад

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

@StellaMaris-lv2uq 6 месяцев назад

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

@hunter-bourke21 6 месяцев назад

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

@maggysterling33254 6 месяцев назад

@@hunter-bourke21 Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

@hunter-bourke21 6 месяцев назад

Much credit goes to *Camille Alicia Garcia* for her significant contributions. She maintains an online presence, making it easy to locate her. While other advisors might pose challenges to find, Julia has proven to be an excellent mentor throughout the year.

@TheresaAnderson-kf5xw 6 месяцев назад

It is really incredible!!!! because I'm just shocked that someone mentioned and recommended Camille Alicia Garcia. I thought people didn't know her... She's really great!

@Jayyy-7 4 года назад

As a 15 year old I'm taking advantage of not having "needs". Saving money, working

@wiseman4160 4 года назад

I was terrible with money at your age. One better breakdown to get to someday is 40%needs 20% wants 40% savings.

@jovanhayes7597 4 года назад

Monty W lol I would say it’s 100% dependent on your individual circumstances

@troylinkjr5535 4 года назад

Dude I kept saying that and always had a problem, im 20 now and still having trouble.. Make sure you spend your money wisely buddy

@jovanhayes7597 4 года назад

@@troylinkjr5535 I will

@haley335 4 года назад

Same:)

@angeladeem2988 Год назад

Heard someone say the best season for a fin.ancial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $250k stagnant in my port_folio that needs growth. What is the best way to take advantage of this downturn?

@dianarabbanii2 Год назад

@David Anderson Boston Couldn’t agree more David, I've been in constant touch with a fiinancial-analyst since covid . These days, it's really easy to buy into trending stock's, but the task is determining when to buy or sell. My advisorr decides entry and exit commands on my portfoliio, I've accrued over $550k from an initially stagnant reserve of $150K

@dianarabbanii2 Год назад

@David harkins Credits to 'Julianna Dawn Morales' she has a web presence, so you can simply just searrch for her.

@naomigonzales9663 Год назад

@@dianarabbanii2 Thank you Diana for this pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a calI session with her.

@BateserJoanne 7 месяцев назад

Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets.

@AlexanderDanielley 7 месяцев назад

Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $650K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.

@Rodxmirixm 7 месяцев назад

I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimize risks and maximize profits, generating around $3 million in three years with my advisor, Stacey Lee Decker.

@antonnohr 7 месяцев назад

I'm intrigued by the idea of investing with an analyst, it seems like a wise choice in today's market. Could you provide me with some guidance on how to get in touch with her?

@Rodxmirixm 7 месяцев назад

With the help of google you can book an appointment. She has a wealth of experience in the financial market gained over several years.

@jessicamoore3093 Год назад

Kiyosaki as my late husband would say have achieved an incredible feat in the stock market. He turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.

@alexyoung3126 Год назад

For the average Joe, however, I think it is just best to invest and just wait, which is reliable, albeit extremely long-- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.

@joesphcu8975 Год назад

I agree with you, it has been so much of a hassle since the pandemic. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000. The role of analyst can't be denied.

@kimyoung8414 Год назад

I think this is exactly what i should do now before i retire in 3years. Please let me know your investment adviser's name and how i can reach he/she? Does she work for foreigners? I live in Quebec, Canada.

@joesphcu8975 Год назад

I have "EILEEN RUTH SPARKS" as my investment advisor. She has a solid reputation in her field and is a true genius when it comes to diversified portfolios, which help portfolios be less vulnerable to market downturns. She may be a name you are already familiar with; a Newsweek piece helped me to do so. She's a Google-able person.

@kelsey7965 2 года назад

I'm 16 and I just started to think about my future, and this helped so much. I know my future self is going to thank me so much for watching this video.

@Jack-ki8ei 2 года назад

china is about to go to war with us

@alejrandom6592 2 года назад

Global warming

@ayofrtho7014 2 года назад

Just don't wait like me, I was 16 too and knew all this but never did anything. Not I'm 20 and I could have been WAAAYYY more ahead rn. Dont wait! Do it NOW. This goes for anyone too, but push things onto tomorrow.

@Nina-pz7ge 2 года назад

Me too! My 16th bday was yesterday and this is v important

@rebecca3453 2 года назад

Me too buddy

@DanielSmith-tl2ux Год назад

I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it

@williammoses4256 Год назад

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.

@Marycain-wx2xs Год назад

@Rayner Teo how can reach her cause I'm interested

@Marycain-wx2xs Год назад

I think I'm going to message her too thanks so much 😂

@DanielSmith-tl2ux Год назад

@@Marycain-wx2xs she's active on Facebk too

@DanielSmith-tl2ux Год назад

Victoria E. Klein

@hermanramos7092 Год назад

Great Video Mav! Maybe make a video on potential investments in this current market that would fetch substantial profit, been coming across articles on bloomberg, business insider etc about folks raking in $200K averagely in 6weeks using some sophisticated strategy and I'd love to know how.

@martingiavarini Год назад

Well , i think It all depends on how long you're willing to hold for and your strategies, stocks might likely tank further , but making serious gains in this downtrend shouldn't be a problem if you're a pro

@Oly_laura Год назад

I noticed , a lot of folks are making huge 6figure killings in this downtrend, only just that such technques are mostly successfully executed by folks with indepth mrkt knowledge .

@jaunemalan Год назад

The US-Stock Mrkt had been on it’s longest bull-run in history , so the mass hysteria and panic is relatable , considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look , I’ve netted over $850k in the past 10months and it wasn't some rocket-science strat. I applied , I just knew I needed a firm and reliable technque to navigate better in these times, so I hired a portfoilo advlsor .

@hermanramos7092 Год назад

@@jaunemalan ....Impressive! can you share more info?...

@jaunemalan Год назад

@@hermanramos7092 She is an Advisor I found through a Newsweek report; Janet karson hardy, you can google her for more info....

@susannnico Год назад

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

@lailaalfaddil7389 Год назад

Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .

@lailaalfaddil7389 Год назад

Talking about success, I know I am blessed if not I wouldn't have met someone who is as spectacular as *ROCHELLE DUNGCA-SCHREIBER*

@susannnico Год назад

*ROCHELLE DUNGCA-SCHREIBER* is also my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.

@TheSilentWealth Год назад

Thank you for the kind wish!

@robinsonjon8632 Год назад

*Unfortunately, no one can live this life without MONEY. We are forced to work and chase after Money to pay rent and bills. May GOD bless everyone with enough money and relieve us of money anxiety. Amen*

@robinsonjon8632 Год назад

Getting money is an issue that everyone has needs in order to live a better and luxurious life. Life was difficult for me until i began trading,and I'm now earning a lot of money even with the current crash happening in the trading market. I still make gains using a better strategies....

@robinsonjon8632 Год назад

Being earning $2,900 on every $200 lnvested in the space of 7trading days

@roelrudd6118 Год назад

Amen to this prayer.

@muawuyaadamu4043 Год назад

🙏🙏🙏🙏🙏

@samuelteddy.439 Год назад

@@robinsonjon8632 Not only that.

@tesskansas4939 3 года назад

question for anyone to answer: What percentage is reasonable to plan for housing? Since my home is paid for, 50% could be reduced, and directed to investing or education.-----editing: answered my own question - increase tithing/spiritual gifts.

@xueyijun2144 3 года назад

Dont gamble with your money working alone. reach to a pro.

@stephentownsend3297 3 года назад

@Helen Marie Champagne thank you. i found her website and i am dropping a message.

@elvismark5172 Год назад

The markets are still doubtful that the Federal Reserve will keep to its plan to raise interest rates until inflation is under control, even if bond yields are rising while stock prices are falling. What is the greatest method to profit from the current bear market while I'm still deciding whether to sell my $401,000 worth of stocks?

@waynestones Год назад

Developing a solid financial portfolio is more difficult, therefore I suggest you seek expert assistance. The ideas you receive after that can be tailored to your long-term goals and financial desires.

@oscarjiron6974 Год назад

You're not doing anything incorrectly; you simply lack the expertise to capitalize in a down market. Professionals with extensive expertise who must have witnessed the 2008 crisis are the only ones who may profit significantly during turbulent times like this.

@AnthonyHart34 Год назад

@@oscarjiron6974 I require suggestions on how to restore my portfolio and create more effective strategies in light of the huge declines. Where can I locate this instructor?

@oscarjiron6974 Год назад

@@AnthonyHart34 You may locate "sharon lee casey" using a search engine, of course. But I'm not sure if I have authorization to talk about this. She received a lot of media attention in 2020. She manages my portfolio and serves as my mentor.

@aaronbritzly3154 Год назад

@@oscarjiron6974 Fascinated to know, Her credentials are undoubtedly excellent, Sharon appears to be very knowledgeable. I discovered her online profile and read through her resume, educational background, and qualifications, which were all very impressive. She is a fiduciary, so I scheduled a session with her.

@alexyoung3126 Год назад

America is done. All signs suggest that 2023 will be a year of severe economic pain all over the nation. Put those money to work now to make it grow. I knew I had to invest. I didn't think a few hundred dollars a month would add up. But it is. From 2020 to date, I have made around $600,000.

@chris-pj7rk Год назад

Congrats. The real financial unlock comes when you understand and know the technique needed to manage investment overall risk profile , prevent permanent loss of capital. Having a strategy to take profits when they happen is key

@oneiljerry9460 Год назад

@@chris-pj7rk Good reason why you need the hands of a fiduciary-counselor when you're starting out, unless you're ready to crash and burn. As their entire skillset is built around going long and short at the same time, using a profit-driven strategy based on individual risk appetite

@johnlennon232 Год назад

@@oneiljerry9460 Absolutely, Fiduciary-counselor have exclusive information and data paths that are not disclosed to the public.. I've made north of $260k in raw profits from Q2-Q3 of 2022 under the guidance of my Fiduciary-counselor HEATHER ANN CHRISTENSEN. I hope to get more

@stephaniestella213 Год назад

@@johnlennon232 How can I count with Heather, is she verifiable, do you think she can help me, I live in Canada?

@Rubyeverly-Jessica Год назад

fantastic video Everybody wants to be financially independent and live a better life. With savvy investing, an inexpensive lifestyle, and diligent budgeting, this is not difficult to do. I'm glad I realized early on that achieving financial freedom requires hard work.

@Brittany-reeds Год назад

My belief is that making a wise investment is a fantastic way to save money for the future as well as a way to generate passive income. Those who make poor mistakes early in life regret them later in life. But, if done alone, investing may be challenging and risky. For this reason, I suggest consulting experts for advice (financial advisors). The difficulty lies in effectively employing it, not just watching videos and reading investing books.

@Victoriataylor5668 Год назад

@@Brittany-reeds Sincerely, I'm genuinely moved by what you said. I have a sizable amount of money that I am willing to invest if given the appropriate knowledge and I am highly interested in investing. My greatest concern is losing money on a bad investment. I'm open to hearing your advice on how to make sensible investments as a result.

@anyadni Год назад

@@Victoriataylor5668 As an OAP with extensive experience, I firmly think that having the appropriate information is essential to the success of any investment. Regardless of what others may say, do whatever you set your mind to. Warren Buffer frequently advises, "Be fearful when others are greedy, and greedy when others are fearful." The secret to succeeding even while others fail is undoubtedly this. Working with financial advisor ALICE ELAINE HAYHURST, I earned $100,000. So far, working with her has been a promising experience.

@cliftondippolito Год назад

@@anyadni Please let me know how to contact your financial planner.

@CJ-wright Год назад

@@cliftondippolito Do a short web search to find a place where you can contact her, and conduct your research using her complete names.

@anneharry9918 3 года назад

I don’t like my job,I don’t like working for other people,I want to be my own boss. so I stay there and endure because it’s motivation for me to get my ish together so I never ever ever have to seek approval to take a vacation again.

@anneharry9918 3 года назад

@Nelson Harry That’s very correct Nelson multiple streams of income is the actually key to financial freedom I still want to invest but I will be needing the help of a professional any recommendations please?

@anneharry9918 3 года назад

@Nelson Harry I sent your mentor a message on What’s app he replied me and I’m still textin with him tho he sounds professional well I think I will give his platform a try with an investment of $25k

@bufubufu8258 3 года назад

What field you want to become a boss in?

@Waroftheworldsz 3 года назад

Look into truck driving, it's not for everyone but you're almost your own boss. You still work under companies until you get your own truck and can become contracted and eventually your own boss. But my step father makes upwards of 5-6k a week, were he an owner operator he would make double that and be contracted under a company, making him in charge of his own schedule. Plus, most truck driving jobs are you just driving from point a to b and dropping off cargo.

@jordanbrown1337 3 года назад

🙏

@checkforme234 Год назад

If you're holding cash, you have 100% chance of losing money yearly due to inflation. If you"re holding stocks for 2.5+ years, there is a 100% chance you won't lose money. So where is the real risk?

@kimyoung8414 Год назад

Misinformation and lack of financial education leads to negative thinking..Have an investment strategy.

@erichkraetz2622 Год назад

Banks will pay you 0.1% on your savings account, but pay their shareholders a dividend yield of 3.5%....Now tell me savers are winners

@joesphcu8975 Год назад

if you are not on the Fin markt space now you are making a huge mistake, i get it can be due ignorance but if you want to make your money work for you, to prevent inflation from eroding your savings, to build generational wealth and to cultivate good habit and financial knowledge

@alexyoung3126 Год назад

@@joesphcu8975 I was really into stacking until i met '' *Ingrid Cecilia Raad* '' this coach was who advised me to give the market a try, buy making me understand that a bearish market is where the 10x can be made buying accumulating when everybody is panicking, with her entry and exit strategies i have been able to grow my bag tremendously. It’s never about how fast but about how well.

@lawerencemiller9720 Год назад

@@alexyoung3126 how can i reach this person because i am in need for better investment approach.

@1redrubberball 4 года назад

I'm retired and 5 months away from "debt free". Single, house & cars paid for, etc. Net income is $38K. My needs are 1/3 net and my wants are nearly nothing these days. I feel positively rich!

@jaym.9275 4 года назад

Sounds like a dream! Congrats

@1redrubberball 4 года назад

@@jaym.9275 Thank you! Arrived at "debt free" last month and it feels wonderful.

@AileenTv. 4 года назад

Congratulations 🙏happu bfor u

@jovanhayes7597 4 года назад

You said your wants are nearly none. Maybe you should start having some fun with your money

@1redrubberball 4 года назад

@@jovanhayes7597 I read books (non fiction), watch old Westerns on TV, have hobbies, work in the yard, have grandchildren, enjoy charitable giving, have lived in 4 states and visited dozens of countries earlier in the Navy. I am not wrapped up in materialism, nor keeping up with anyone else. When in the mood, I take my toy, a 2013 Dodge Challenger R/T out for fun. I don't have to be spending money to entertain myself and I no longer have a wife who couldn't be happy unless she was constantly spending. I feel blessed, having all I need and more. I'm rich.

@EliasMontessedano Год назад

Nice video as always but here is my problem I have been making losses trying to make profit tradng. I thought tradng demo account is just like tradng the real market... can anyone help me out or at least advise me on what to do?

@sylvesterandris5410 Год назад

Simple way-to make lot's of mo_ney in crypt0 is to trade with an expert

@richardbalint2582 Год назад

@shanawazansire6927 I stumbled upon one of his clients testimonies and decided to try him out.. i'm expecting my third cashout in 2days

@nkotoboaz9168 Год назад

@Teraji James That shouldn't bother you because someone has already dropped his contact info on above comment

@juliakate1892 Год назад

Good to see how you guys came up here to show keen appreciation to Henne Nate this how i got recommendation about Exprt Henne Nate, At first I was a bit scared

@josueamisi9845 Год назад

I'm from CANADA, I and two other of my friends tried him immediately we testified, he's performing wonders. I know he can't see this right now but he is changing people's lives

@lukeroger9346 2 месяца назад

I've been involved in stocks and crypto investments for some time now, but I haven't seen the positive results I was hoping for. What could I be doing wrong? Please, any help would be greatly appreciated. Thank you🙏

@Akimitsu-zx8zb 2 месяца назад

Staying current with market updates and keeping up with news sources such as CNBC could help out

@derrickwilhelm2898 2 месяца назад

Consider getting advice from someone who knows their way around, if you're not familiar with the market. Look for a seasoned pro. Their services have greatly contributed to the success of my investments for years.

@OlgaLidiaGodinezMolina 2 месяца назад

Any good recommendations?

@LucyBrown37 2 месяца назад

I highly recommend Margaret Burwell

@stevenwilliams-el8ux 2 месяца назад

A lot of folks have been talking about her lately. She must be pretty good at what she does.

@PeterSimpson-mg9gg 24 дня назад

When you venture into the world of financial investment, it's important to understand some foundational principles

@JacobMcDonald-wb6wl 24 дня назад

It simply means the allocation of money toward an asset or portfolio, with the expectation of earning a return over time.

@FrankBrook-js9yh 24 дня назад

Yes, It a procedure where you allocate money or capital towards buying financial products, expecting to earn a considerable return in the future.

@OmidfNimaryi 24 дня назад

According to Patricia strain an expert, this can occur through appreciation in the price of the asset, earning interest, dividends or royalties.

@RebeccaGilpin 24 дня назад

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash I invested the money using an analyst, and in seven months, I raked in almost $673,000

@harryrobot851 24 дня назад

Patricia Strain must be a great person, her strategies are top notch.

@teachmehowtodoge1737 3 года назад

Mine looks like this: Savings - 30% Emergency Fund - 10% Investment Fund - 10% Wants - 10% Needs - 40%

@Itsdjsigi 2 года назад

I like this one

@brightspark7298 2 года назад

This one's cool👍

@caseyqueyinde7279 Год назад

Am really disappointed at myself. I just turned 30 and I don’t have savings.. watching this video has really changed my mind set. I hope I can keep you.. 20 to 30 years from now.. I’ll look back and smile.. great video

@josephfrys6969 3 года назад

When you invest you're buying a day you don't have to work

@kimyoung8414 8 месяцев назад

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too,

@alexyoung3126 8 месяцев назад

investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

@oneiljerry9460 8 месяцев назад

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $486k in the last six month. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently….

@jessicamoore3093 8 месяцев назад

wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio

@oneiljerry9460 8 месяцев назад

The adviser I'm in touch with is Helene Claire Johnson. She was interviewed on CNBC Television. You can use something else, for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.

@jessicamoore3093 8 месяцев назад

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

@osytrognsy 5 лет назад

No apologies for short videos bro! i prefer to listen short, real information rather than hours of BS. keep up the good work, thank you for aducating us.

@WhiteBoardFinance 5 лет назад

Thanks

@imdalool 4 года назад

Educating*

@magesticmoose7169 3 года назад

I can’t tell if the aducating was a joke or not

@jackfrosty4674 2 года назад

Children as young as five are now being injected with these chemical poisons, which accumulate in the liver and cause, you guessed it: hepatitis.

@nabeelsteel841 5 лет назад

These are the types of things kids should be learning around high school. Really getting a grasp on basic personal finance early on saves years of struggle and problems later. Wish I had learned even a fraction of this stuff before journeying into the real world. Thanks for the great content, really enjoy your videos!

@WhiteBoardFinance 5 лет назад

Thanks for watching

@mercepenaso5477 2 года назад

True

@vikatikoisolomone9722 2 года назад

So true

@jackfrosty4674 2 года назад

Children as young as five are now being injected with these chemical poisons, which accumulate in the liver and cause, you guessed it: hepatitis.

@therealmcgoy4968 Год назад

Accounting and finance should be taught in high school… it would help give kids a perspective of life before they start taking out massive loans

@DavidMiller-du9dy 2 года назад

you want to build a portfolio that beats the market, you've generally got to be willing to put in the work, take risks, research investing, and be willing to hold for the long run, even if prices don't go your way for a while.

@hulkarmstrong8471 2 года назад

There's nothing like receiving some extra income every month.

@kumarvenkatesh6600 2 года назад

Dividend stocks are an excellent source of supplemental income at all times, most people just wanna buy any growth stock they hear about.

@emiliobarretto9732 2 года назад

Most stocks has underperformed lately.

@billnolan5375 2 года назад

With so much volatility in key stocks, it’s kinda hard knowing which stocks will do great or enhance ones portfolio.

@liamjohn2756 2 года назад

@@billnolan5375 There are great stocks in the market with big room for growth, you gotta be a consistent investors with a steady approach, you should be able to seize opportunities created by the uncertainty.

@isntlifebetter Год назад

Thank you! Im almost 40 and I never knew how to budget and that is why I never have money. I need the basics. I appreciate this video to help me get started growing my money.

@Centsible_Money 2 месяца назад

There is no one size fits all solution when it comes to budgeting, and the right time to start is now. When it comes to budgeting, my goal has always been to have enough saved up in an emergency fund/nest egg, that lets me sleep peacefully at night. That just has to be your step 1. Everything else, eg. investing, comes after that.

@thomasdooley3702 3 года назад

When you invest, you're buying a day you don't have to work

@joshnorton4918 3 года назад

Assets that can make you rich 👇

@joshnorton4918 3 года назад

Crypto Stocks Real estate

@kelvinpeter8640 3 года назад

@@joshnorton4918 you're right Sir, it's obvious a lot of people remain poor due to ignorance

@kelvinpeter8640 3 года назад

@@joshnorton4918 it's better to take risks and make sacrifices than to remain poor

@loydriley9221 3 года назад

@@kelvinpeter8640 it's not ignorance but due to some unprofessional advisor in the market

@thewolfoflondon8141 2 года назад

“If you don’t budget your spending you’ll spend your budget”

@kickinghorse2405 Год назад

This is great! I learned the "1, 2. 3, 4" budget. (10, 20, 30, and 40%) 10% savings (retirement, emergency "rainy day" fund . . .) 20% wants (cable/online subscriptions, gym and other memberships, entertainment, hobbies/"toys", vacation saving . . . ) 30% needs (variable expenses) seasonal utilities, food, gas/ transit, auto and home repair. 40% needs (fixed expenses) rent, unchanging utilities, insurance, land tax, debt repayment.

@MindGritbyDrReyFremista 4 года назад

Whoever is reading this I hope you will have a successful and meaningful 2019!

@GenevaSevenfold 4 года назад

MindGrit by Dr. Rey Fremista how about a 2020?

@lecin143 4 года назад

2020 for me, I'm watching this now. 😀

@southernclassik 4 года назад

I'm getting better.

@ryanw.975 4 года назад

i am

@xXxSPADExXx0 4 года назад

Fuck off

@WhiteBoardFinance 5 лет назад

Step into a life of becoming smarter with your money. Master the 4 Pillars of wealth by joining WhiteBoard Finance University Today! 👉 www.wbfuniversity.com

@cherrytung 5 лет назад

Yes!! Even made a sharable template for my viewers to use as I think BUDGETING IS KEY TO FINANCIAL FREEDOM :)

@ChristieAnnMusic 5 лет назад

I do and I stick to it. I've also been saving every month. I recently opened a Discover savings and have already made a lot in interest that I couldn't with Bank of America. It would be great to see a video comparing on all the online savings and checking options and how their interest rates compare to brick and mortar establishments, as it appears you can make a lot more interest with online banks now a days.

@WhiteBoardFinance 5 лет назад

Will do. I use capital one 360

@cherrytung 5 лет назад

@@ChristieAnnMusic That is true! ALso, account churning. Some accounts like the chase savings and checking account give out hundreds of free money just to convince people to open accounts with them!

@RealAndyOriginal 5 лет назад

Working on it. Bought quicken to help manage/create budget. Would love to see vid on debt. My wife and I currently have house note and a student loan I want to pay off. Really loving your vids thanks!

@robertgeorge238 3 года назад

Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result hard work and hustle over time. I pray that anyone who reads this will be successful in life

@stevesheldrack3739 3 года назад

You are right Sir

@stevesheldrack3739 3 года назад

Most people don't invest due to ignorance

@supportbillionairetrademar3907 3 года назад

Speaking of Investing, forex trading is the best business in the world right now I know a couple of friends that make a lot money weekly trading with the financial markets

@supportbillionairetrademar3907 3 года назад

People are scared of Investing because of high rate scammers on the market

@supportbillionairetrademar3907 3 года назад

But of a truth there are scammers but real brokers are out there too waiting for investors

@mesutserim1595 Год назад

Very well articulated; I wish I had more time for trial and error, but I'll be 56 in August and I need ideas and advice on what investments to make to set myself up for retirement, especially with the looming inflation and recession; my goal is to have at least $1 million by the age of 60.

@chrisbluebird5037 Год назад

@Finest Bear Hug Yes, I've used such expert, an investment adviser at that, and she really worked magic on my portfolio, initially I was always in and out of the market, selling at a complete loss but for the past 2years I've been mostly in the green, earning steady profit irrespective of market movement thus gaining over $850k+ in the past 2years

@legacymedia8468 Год назад

@@chrisbluebird5037 Sweet! how'd you go about getting a proper investment-adviser like that, I've had plans to touch base with one, I'm just not sure how to go about it, I don't mind looking up this one that guides you.

@chrisbluebird5037 Год назад

@@legacymedia8468 The Investment-adviser is actually quite known, Wendy Helene Bennett, she has a wide presence on the web, you can just search her.

@legacymedia8468 Год назад

@@chrisbluebird5037 Thank you, I researched Wendy Helene Bennett and I went over her site and qualifications, she seems pretty tight and I've scheduled a call.

@donnieburns6986 5 лет назад

Great video however I would say that your 20% savings/debt should be higher that your wants especially if u have debt. When u have debt your wants have to decrease.

@1800levso 3 года назад

Im on 90% needs 😭

@cordariusjones2675 Месяц назад

95% in 2024 😂

@AngelRamirez-bs8eg Год назад

This video helped me realize something I'm 15 and I'm spending more money on wants than needs even though I'm trying to get a car and geting a car isn't a want it's a need scince I need to travel to work because I can't walk there it's a 2 hour walk but a 30 minute drive so this is going to help me in the long run.

@ThomasWilliam-sw8ms 9 месяцев назад

I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me, retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45

@MaryPatricia-wr3wj 9 месяцев назад

Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving

@ThomasWilliam-sw8ms 9 месяцев назад

@@MaryPatricia-wr3wj Having an investment adviser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we avg joes don't know

@MaryPatricia-wr3wj 9 месяцев назад

@@ThomasWilliam-sw8ms Please, how do I connect with your financial planner?

@ThomasWilliam-sw8ms 9 месяцев назад

@@MaryPatricia-wr3wj credits to KRISTIN GAIL CUNNINGHAM, one of the best portfolio managers out there. she's well known, you should look her up

@MaryPatricia-wr3wj 9 месяцев назад

@@ThomasWilliam-sw8ms Thank you, I just checked her out and I have sent her an email. I hope she gets back to me soon.

@sarahrybicki8184 Год назад

Investing is considered a bedrock in making generational wealth. Most people don't know when, where or what to invest in. Fortunately, great investors of the past and present can provide us with guidance and ideas. Meaningful contributions are always welcomed.

@bobvan2201 Год назад

Trading with an expert has been the best way of making huge returns from crypto currency.

@bobvan2201 Год назад

The common mistake we newbies make is without help and legit guidance from a professional.

@keldonw7247 Год назад

@@bobvan2201 Yes, you're right, it's not watching all videos wasting time on strategies, I was ignorant doing so till I met Rheagan Max Deplonty last year at a startup funding event in Washington DC.

@keldonw7247 Год назад

He had some interesting things to say about the state of algorithmic trading today, obviously I'm seeing results, and my trading is going smoothly.

@michaeladavis7953 Год назад

Job will pay your bills, business will make you rich but investments make and keep you wealthy, the future is inevitable.

@valentino226 5 лет назад

Another way to budget that I learned from another finance RU-vidr is to use 50% for living expenses, 30% for investments and 20% for savings. After you have an emergency fund saved for minimum of 6 month and have no dept then you can use the 20% savings for wants.

@waynebanks8656 4 года назад

Investments! Nice. That hopefully creates cash flow so the money isn't just being saved it's coming in like money is being printed because that doesn't stop so why stop touching more Money.

@TJ-fi7cb 4 года назад

Nadjib Zaoui MM😉

@sulimanorlanes8167 Год назад

reality strikes when i try to compute my expenses and savings. need to focus to decreasing wants.

@ulrichlchegounbalogoun5123 2 года назад

I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.

@drelliotn.kennedy988 2 года назад

@Victoria Arhth What is your advice for a new beginner like myself, I have been trying to practice using a demo accounts, but I am scared that I don't know enough to start trading all by myself. What to do next.

@marcuswalkerjr.2756 2 года назад

You I'll have to reach out to her,. Her availability is on Whats@App 👇.... 👇

@marcuswalkerjr.2756 2 года назад

⬜⬜⬜, 👇 🌑🌑🌑 ┼①⑤③⓪③③①⓪⑨③①🌑🌑🌑

@drelliotn.kennedy988 2 года назад

@@marcuswalkerjr.2756 Thanks a lot, 🙏🙏I'll definitely ensure to do that

@stephenadams8698 2 года назад

@Emi Pelham Wow that a really big congrats

@ThugFreeZone 5 лет назад

Thank you this was great information. I'm starting to learn that I have to become more financially responsible.

@MrGrimHD1123 4 года назад

I'm in college, Its paid for and I still live with my parents. I'm working as well, don't have anything I need to pay for until I get a car, so 100% savings. Not really, but mostly haha.

@WhiteBoardFinance 4 года назад

nice!

@MrGrimHD1123 4 года назад

@@WhiteBoardFinance Indeed!

@mercedesarlington7357 4 года назад

Saving in the bank is resourceful but have you tried to let your money work twice as hard for you? Crypto investment are the best deals atm I started of with $2k and in 2 weeks I got a return of $14k. How did it happen? Crypto investment. Comment for the most trusted sites for investments

@willian8156 Год назад

What I do is invest into stocks and other financial assets online but stocks is most effective for good monthly thanks to my coach

@denise9242 Год назад

Stocks is a great investment and way to create multiple income sources from the proceeds, I have been in the market years now and I have made my fair share of wealth over and over

@willian8156 Год назад

@Bennel cross my coach name is Benjamin ravies so you can check him up

@EvalineDalary 5 месяцев назад

50/30/20 rule really works great if you can separate needs and wants. That's really is a huge problem for some people, unfortunately. Thanks for the video! Hope it helps many people manage their finances like a pro!

@joahanagarcia1153 4 года назад

I saw Your video about saving money on thursday, friday i got paid and I literally as soon as i Got out of work i went to the supermarket and bought groceries and paid my Truck off and Im going to stop eating out and Buying Unnecessary stuff so i can save more money. Because i usually Go to the Store and Buy Stupid Things , thank You it teally helps

@joshuadxlee 5 лет назад

This model is great for the average salary but I earn $400k and I can definitely keep my 'needs' below $30k. I can save 10 times my needs if I wanted to. Great video by the way :)

@WhiteBoardFinance 5 лет назад

thanks

@redez-ik5xz 3 года назад

Lemme have 20k lol😂😂😂

@Quon410 3 года назад

Would you like to be a great person and pay my college tuition?

@alissakelly427 2 года назад

lmao are u by chance a sugar daddy

@CharlesRobert-zc6xc 8 месяцев назад

It's very interesting seeing people make good profits from trading, I wish I could but I always end up losing after my trading

@nathanphilips-fo8ui 8 месяцев назад

I will advise you to seek the help of a professional because it’s really hard to create a strong professional portfolio. This will help you to achieve your goals and long term financial objectives.

@egiljames 8 месяцев назад

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.

@egiljames 8 месяцев назад

Many won't accept this truth but allow them, they'll understand when they become bankrupt as a result of unavoidable losses trading from mere RU-vid videos.

@Patrickwil55 8 месяцев назад

Living with fear really stops us from taking risks,definitely if you don’t go all out you’ll never get out of any financial situation.

@Patrickwil55 8 месяцев назад

Expert Emily Jason is really the best person to contact and ask for help in trading without fear of making losses than trading yourself or lossing funds to scammers.

@perryh.5306 Год назад

I have a 50/40/10 rule. I use 50% to put on bills I have, 40% I give to my sister and I keep 10% for myself!

@jasperetale6916 3 года назад

Tithing 10 %of my income is a need for my spiritual well-being.

@yasmindavidson5171 3 года назад

Jasper Etale. We are under the new covenant. So tithing as in 10percent isn't applicable for today. Many pastors are still preaching this and its awful. If you want to give, give based on what you can afford and with a joyful heart. Not. What your pastor is telling you to do. The only person getting benefit from your tithe is your pastor

@bigwagon6727 2 года назад

@@yasmindavidson5171 not all. Thithing reprehends demons that only come out through thithing. The Pastor doesn’t need your money. This is to pay for your churchs bills, the missions, and any utility for the church. Obviously some Pastors steal but they will pay pay dearly for that.

@robertjones4635 3 года назад

Making money is the plan and with Bitcoin Investment your plans can be fulfilled

@marydavis8921 3 года назад

Trading with an expert in the field is the best, have been making a huge returns from my investment since I met Elias Greyson Cooper one of the best in crypto currency investment.

@davidwilson1534 3 года назад

Wow I just made my first withdrawal today, trading with expert Elias Greyson fx.

@paulwhite7466 3 года назад

@steven jones Seeking for his contact details?

@paulwhite7466 3 года назад

@steven jones + 1 ( 9 1 7 ) 3 4 1 - 4 2 7 8 eliasgreysoncooper @ gmail .com

@paulwhite7466 3 года назад

Tell him I referred you 👆

@washingtonhenry6497 2 года назад

I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN... TRADE WELL ON DEMO But I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

@kamilafabian3115 2 года назад

Trading is actually profitable if you get the right expert to trade

@kamilafabian3115 2 года назад

I don't advice newbies to invest on their own

@christianacruse3129 2 года назад

I will advice you should stop trading on your own if you keep losing and start trading with Jennifer Allen trading services

@jacksonfame2271 2 года назад

@@christianacruse3129 Wow I'm just shock you mentioned and recommended Expert Jennifer Allen I thought I'm the only trading with her

@drmarkalexander4142 2 года назад

@@jacksonfame2271 You don't need to be shock because I'm also a huge beneficiary of expert Jennifer Allen

@alexandranix2730 Год назад

Thank you so much for making this video! I absolutely love the simplicity!

@WhiteBoardFinance Год назад

Glad you like it!

@a.citizen7668 5 лет назад

Marko, thank you for being well-groomed in your video. It adds credibility to your message.

@WhiteBoardFinance 5 лет назад

Thank you lol

@rdarrett3635 3 года назад

I agree. The people in hoodies I bypassed when looking for a video. I came to him because of the “look” and stayed because of the message.

@1984photo 5 лет назад

Marco , really enjoy the video's! Great content!

@justinjackson9478 3 года назад

Where is the “investment” area? Poor people save, wealth people invest.

@NotSObored188 3 года назад

This helped a lot thank you. I'm trying to save for a house asap and I'm done wasting on clothes things I dont need. I was kinda beating myself up with what I really need vs want and how much I shud spend on going out/ having fun. This helped me see how much I I should be wasting in each category. Ty

@rajkthaker 3 года назад

I really appreciate you taking the time to keep it simple and basic for anyone to understand!

@pbhalerao62 5 лет назад

Thank you for the video. My personal finance equation is: Net income (after tax) - Savings = Expenses. I make it a point to invest 35% into mutual funds and stocks - no exceptions.

@WhiteBoardFinance 5 лет назад

Smart!

@nofucks_ Год назад

Im 17 and this vud really assisted me to draft the 50 30 20 rule in my book. Made a world of a difference

@steph5494 3 года назад

The 30% is a new touch for me and it makes sense to live a little. Nice Video!!

@RyanContreras72 9 месяцев назад

@SandovalGerald 9 месяцев назад

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

@SophiaBint-wj8wn 9 месяцев назад

I subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your adviser

@RyanContreras72 9 месяцев назад

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $485k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

@alicebenard5713 9 месяцев назад

I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?

@blessingpaul5484 9 месяцев назад

Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

@thecommentor8384 4 года назад

I’m a visual learner. This was great! Earned a sub!

@mlungisizulu399 2 года назад

😢😢My wants always pours over to my needs. I am aware of the flaw now. Discipline and committing to my budget is where I fail dismally. 😞

@songyi221 2 года назад

Thanks for this I’m currently filing for bankruptcy for the first time and it will be my last that’s why i came to this video today so I can learn to be responsible with my money from here on so thank you this was really helpful to know the difference between a want and a need☺️

@jbsnyder1736 5 лет назад

Common sense is not so common anymore! This is the kind of good advice/habits I'm trying to instill in my kids! Thank you!

@WhiteBoardFinance 5 лет назад

My pleasure thanks for watching JB

@sherryie2 Год назад

The pandemic has shown us just how quickly decades of planning, investing and saving can be completely upended. This could mean your current financial plan might leave you without enough money to last your retirement. A recent Vanguard study found that, on average, a hypothetical $500K investment would grow to over $3.4 million under the care of an advisor over 25 years, whereas the expected value from self-management would be $1.69 million, or 50% less.

@McElvinn Год назад

In other words, an advisor-managed portfolio would average 8% annualised growth over a 25-year period, compared to 5% from a self-managed portfolio

@corrySledd Год назад

@@McElvinn I agree; for over 17 months, I've maintained regular contact with an investment advisor. Nowadays, it's really simple to invest in trending stocks, but the challenge is knowing when to sell or hold. To support me with entry and departure points, my advisor steps in. Within 18 months, I've accrued almost a million dollars from an originally stagnating reserve of $300K.

@AUstinnesc Год назад

@@corrySledd I'm happy to have stumbled upon this discussion. If you don't mind, could you tell me the name of the financial adviser who helps you with your investments and how I might contact them? It Intrigues me to keep learning.

@corrySledd Год назад

@@AUstinnesc Finding financial advisors like NICOLE DESIREE SIMON" who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@AUstinnesc Год назад

@@corrySledd Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

@robertoparra9969 2 года назад

This is a good basic video, if there are any doubters out there i suggest tracking your spending after watching to notice where your money goes.

@andrewcleverly1322 3 года назад

Everyone knows what to do, but not everyone does what they know..Remember long lasting results come from steady and consistently applied effort.

@annarodriguez8798 3 года назад

@Mark Anderson that's right,I own Bitcoins, it is a store of value,a distrusted ledger, it is a great place to put assets, government currency does not hold value.

@felixgeorge8158 3 года назад

@@annarodriguez8798 you are right my friend, a lot of people are too ignorant to understand that Bitcoin is the future.

@ruthsaddy6187 3 года назад

Trading has not been going well for me, I have invested lots of times and failed, I trade on my own and each time I keep losing money.

@ruthsaddy6187 3 года назад

@Rev Micha How can I get a real broker there are lots of fake and I don't want to loose my money to any scammer.

@isabelladenver4005 3 года назад

@@ruthsaddy6187 w**s**pp👉+ 1 3 1 9 4 3 2 7 3 8 5

@RealLifeMoney 5 лет назад

Love how you poll everyone! This is a great overall view to have a handle on your money. I would like to lower my needs to 20% and saving to 50% 😉

@WhiteBoardFinance 5 лет назад

Thank you! Same here

@lingoscar 5 лет назад

Makes so much more sense when seen in writing, thank you. It makes me realize how much money I WASTE on take out. that's straight up laziness on my part, thanks for the knowledge.

@WhiteBoardFinance 5 лет назад

My pleasure

@lyjemarks4245 2 года назад

i just got a job (im 15) and realized how easy it is to blow through money and this really helped thank you so much

@Jamila552 2 года назад

Don't you think we are supposed to be taught all this in school? investment is part of a great idea though

@serser4380 2 года назад

You must be right.i invested and earn $20.000 every 7 days.i risked it and made it this far

@aminatatsuta6697 2 года назад

Trading crypto would be wise but trading without a professional is way out of it.i tried and lost everything until I started trading with David Louis.

@grantcadone9099 2 года назад

I have heard a lot about investments with David Louis and how good he is, please how safe are the profits?

@Jamila552 2 года назад

This dude.Been seeing a lot of good comments about him on several places.i feel very much confident investing with him.his good work been just everywhere.

@grantcadone9099 2 года назад

Wow😮 It is really refreshing to see comments about David. i got a chance to benefit from their services a few months ago and it has been a very smooth experience it amazing how accurate their market analysis are,and how good and patient they are with beginners and newbies..

@acornsucks2111 5 лет назад

I had a spending problem when I was broke, once I learned how to make and save $, it has not been an issue.

@liambracey6708 Год назад

I plan to retire at the end of 2022 at 57 after 36 years in Telecom as a sales engineer. My wife will retire in October 2022 and she' s loving life! But walking away from a good income stream and building the nest egg to living from the nest egg is a scary proposition, scary to stop saving and start spending.

@mialangley2388 Год назад

God places great things on the other side of fear. My advice, don't wait till the end the year. I just attended a funeral of a guy that retired in December 2020 at the age of 62 -- Life is short. Live it on your terms. Take the time to learn about passive income via dividends & real estate, index funds, automating investments, budgeting, etc. you'll be very happy you did

@willlategan7558 Год назад

@@mialangley2388 I’m thinking of investing into stocks esp index funds .When you invest into index funds you're essentially investing into the economy as a whole. Because you're choosing to own a little piece of all the most successful companies in the country/world but how are we going to achieve all that given that the market has being a mess most of the year?

@aubreymcgovern9467 Год назад

@@willlategan7558 Having an invstment-adviser is the best way to go about the market right now, especially for newbies, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we average joes don't know. Credit to *Katherine Duffy Burke*

@taylorcoggan2054 Год назад

@@aubreymcgovern9467 How can I contact this adviser of yours? I'm seeking for a more effective investment approach. . 2 months i went heavy on some stocks listed by charlie chang, it went up real fast like 30+% in a few weeks and right now , i'm down by 70% and it keeps drowning

@aubreymcgovern9467 Год назад

@@taylorcoggan2054 She's well renowned and has quite a following, so it shouldn't be a hassle to find her, just searchon her using her fullname

@Destinyblessedmom 2 года назад

thank you so much. I am really trying my best to be in good standing with my finances.

@jefferiesuenukuterangihoka3749 2 года назад

With what I’ve learned over two decades in the stock market, given enough time, solid investments have the potential to double the initial principal amount, but many investors are instead attracted to the lure of high yields in short periods of time despite the possibility of unattractive losses before even getting out. So the onus is on newbies to beware.

@Ferocious923 2 года назад

How so? I’m interested but with close to no knowledge of how to go about it.

@jefferiesuenukuterangihoka3749 2 года назад

@@Ferocious923 Stock investing, when done well, is among the most effective ways to build long term wealth. I work with a fiduciary Levi Clemans, a renowned fiduciary. His guidance has given me an edge in the market. Here, reach him

@jefferiesuenukuterangihoka3749 2 года назад

Leviclemans,info on his webpage you can look him up online, and connect with him.

@Ferocious923 2 года назад

@@jefferiesuenukuterangihoka3749 Did and I'm quite impressed with his portfolio. kicking off right away! Thanks and God bless.

@Rubyruby287 2 года назад

I tell people to enjoy a comfortable financial future, investing is absolutely essential. It’s not even to be debated lol. As the coronavirus pandemic demonstrated, a seemingly stable economy can be quickly turned on its head, leaving those who weren’t prepared for tough times scrambling for income.