I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 42, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity
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.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@@mikegarvey17I’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?
Credits goes to " Izella Annette Anderson " one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
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 dwindle away is such an eye -sore.
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.
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 2.8million.
@@joshbarney114 I actually 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?
I actually 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?
Finding financial advisors like Marisa Breton Dollard 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.
Hey John! I enjoy your videos, but lately it sounds like the bass on your mic is cranked up extremely high and it makes it hard to listen to your voice. Could you turn the mic bass down by 10 dB or so?
I have around 250k liquid, I also look into storage units with another 50% borrowed. Please let me know (link) if you have any advice on that, I really respect your opinion.
Stop buying every stock you see some RU-vidr recommend sometimes they do that to pump their bags. Seek guidance from a financial advisor instead of relying on RU-vid for investment advice.
Same, I use RU-vid for research only. All major investment decisions go through my advisor. The market's instability makes DIY risky. You don't need to find the next NVDA to succeed in investing. Opt for top-notch ETFs, dividend aristocrats, and a trusted advisor. I've turned $100k into $30k in annual dividends, a major milestone.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘'Jennifer Leigh Hickman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@Lewyn298 guys stop using youtube comments for promoting weird Karens with little to no credibility. Also tracked your account comments through account tracker software...
Financial Advisor here. I agree. I do both flat or % depending on what my clients prefer but I’m also up front about everything and I often will flat it’s tell my clients this is not a good investment or steer ppl into investments I personal do for myself/ family. It’s all about business model, and mine is transparent & trust. Financial advisers are great but you have to pick one that is modern, educated, and trust worthy.
Good stuff, John, but I am skeptical of owning rental property. I did it 30 years, incurring flooded pipes, all kinds of repair, and when selling the rentals, you must pay back all the depreciation you deducted and pay top nominal tax rate on proceeds. In hindsight, far better sticking with index ETFs.
Flat fee advisors are not necessarily better and in come cases you will end up paying more depending on much assets you have. Also may have to pay a la carte for things like financial plans and extras like that.
Some constructive criticism for your video. I've played this video in the car and on my headphones. The bass on this video is too high, it's making your voice sound distorted compared to your other videos. Thats all
Any particular reasons for preferring VTI (ETF) over VTSAX (mutual fund) or VXUS over VTIAX? I get that ETFs can be traded during market hours, but these positions are for the super long term anyway.
@@EddysReviews You're right! I mean both ERs are tiny, but still... lower on the ETFs. So, why are mutual funds still preferred by some? There must be *some* advantage, no?
@@dimitrikatsaros9212 because people don’t really know any better. Mutual funds get preached about more (by the managers) than ETF’s which are way more better. There is really no benefits.
@johnsfinancetips , you never ever provided any information about credit cards which provide domestic and international lounge access for free for the card holder and spouse of the card holder. Please make a video of such cards, maybe in budget yearly fees or free cards :P
With you on everything but real estate. You (and most finance YT folks I watch) lose me when you talk about rental income. I simply can't bring myself to commoditise other people's housing, and if I had to be a landlord, I certainly wouldn't do it through a screen like Fundrise. If you're going to be a landlord, you should at least have to personally confront your tenants when they have concerns, complaints, or maintenance issues. And if you have to evict, you should be forced to do it yourself. I can't be that person (and generally can't really grok those that are), so I'm going to be sticking with my index funds.
