Investing prospects of a minimal sum of money can be both exhilarating and baseless. With the right approach, there’s a potential for significant wealth growth, Judging by this i'm still in search for suggestions as to a way to improve my retirement portfolio of $580k
Every strategy carries its own set of pros and cons and picking the right one depends on your specific financial goals, but in order to execute such effective decisions, you must be a professional.
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
I completely understand your concerns. But In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.
I agree. This is why having the right plan is invaluable, my $510k portfolio is well-matched for every season of the market and recently hit 100% rise fromm early last year. I and my CFP are working on a more figures ballpark goal this 2024
Carol Vivian Constable 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..
While some investors may see opportunities in market downturns, it's crucial to approach investment decisions with caution and careful research. Recessions can be challenging times for businesses, and not all companies may recover in the same way or at the same pace. Diversification, thorough analysis, and understanding one's risk tolerance are essential components of any investment strategy.
Additionally, short-term trading strategies, such as trying to capitalize on market volatility, can be risky and may not be suitable for all investors. Timing the market consistently is notoriously difficult, and short-term price movements can be unpredictable. It's always recommended to consult with financial professionals and do thorough research before making any investment decisions. Each investor's situation is unique, and what works for one person may not be suitable for another.....
Financial professionals like John Desmond Heppolette often bring a wealth of knowledge and experience to the table, helping clients develop and implement sound financial strategies tailored to their specific needs and goals. It's crucial for individuals to recognize the importance of seeking expert advice, particularly when it comes to managing investments and mitigating risks....
Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.
Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?
Absolutely not, as I've closely tracked my portfolio's performance, witnessing a staggering $482k growth in just the last two quarters. This experience has taught me the secrets behind experienced traders' substantial gains in what might appear as unpredictable markets. Undoubtedly, it's been a bold and rewarding choice I made fairly recently.
Finding financial advisors like Margaret Johnson Arndt 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.
I appreciate this. After entering her full name into my search bar, her professional web page surfaced as the top result. Her impressive qualifications undoubtedly speak volumes about her expertise
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfoli0
It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, 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.
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.
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.
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 two years with my advisor
@@PhilipDunk 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 ?
“Vivian Carol Gioia” serves as my advisor, bringing extensive qualifications and experience in the financial market. Her deep understanding of portfolio diversity positions her as an industry expert. I suggest delving into her credentials for further insight. With her considerable experience, she offers valuable guidance to anyone seeking to navigate the complexities of the financial market.
Nobody can suddenly become prosperous financially. Although they did the background work, we mostly see the ultimate product. Fear is a harmful factor that prevents us from making the courageous decisions we need to make in order to achieve our goals. You have to deal with things like inflation, the recession, Fed policies, and more. In just a few months, I was able to add $289k to my portfolio.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
Fear comes from many things. Fear of poverty, fear of society pressure...Marriage cost(bcz everyone is doin it), many many things...however i have overcome this..but still someday fatigued,,,fall 7 times rise 8 times...this i remember
Creating wealth and gaining financial freedom isn’t as difficult as lots of people think. Through the right information, building wealth and staying financially stable forever is way easy. Investing is the only true way to earn a great income and staying wealthy forever..
The first step in creating wealth, is figuring out your goals and risk tolerance - either on your own or with the help of a financial advisor. If you can get the facts about savings and investing with a well detailed plan, you should be able to gain financial security over the years and enjoy the benefits of managing your income.
You’re right! Working with a financial advisor will genuinely set you up for success in life. I’m glad I was able to hire a financial advisor “Natalie Lynn Fisk earlier this year since while others were complaining about the downturn, I was busy cashing out from my investment, eventually making over seven figures in the first quarter alone…
Your advisor really seem to know this stuff. I found her web-page online when I google up her full names, read through her resume, educational background, qualifications and it was really impressive. I left her a note and booked a call session with her hoping she gets back to me soon
You broke this down extremely well... everyone needs to understand the whole journey is in PHASES. Shaan has been through it and he shares valuable insight. I remember starting out in my early career phase and I would ALWAYS look for the A+ problems. That's the only way I "created luck" for myself. The more problems I would look at and try to figure out, the more my paycheck grew. Learn, absorb, study, AND execute. Give it enough time.
To figure out your personal edge, think of the scenarios/situations where people can count on you and they are confident that you can definitely solve the problem at hand. Really amazing podcast as not only it gave me the courage to embrace my poor looser self but also take advantage of it. Thank you for this truly practical piece of love.
Love these. I can sit here all day and binge watch you guys talk about how you would start a business and actually break it down bit by bit. It's so amazing that we have access to this information, and I'm truly grateful there are people like you offering such golden information. These are my FAVORITE shows. I think the only problem I have is choosing one business and sticking to it until succeeding but if it doesn't work, do you keep working at the same thing or do you do something else and how do you know if you should stick to it or change courses because you have to have a little bit of delusion to stick to ONE thing and focus on it. I think that is what I'm battling right now...
I think you should go with your gut. You start one business, and you CAN juggle two things at ones, but one thing should be the primary thing until that gets off the ground
This is some of the best content you guys have ever put out, and some of the best available, period. Concise, interesting, and most importantly it fills a huge gap in this general field - the gray areas, middle stages, simplified and logical, and applicable. Absolutely awesome content. Thank you.
All three, including when they have guests are great. When they are together they're hilarious. I think you like this more because when they are alone it's more of an instructional video.
Shaan this is amazing! I’ve listened to it 3 times now. I am actively pivoting into a high margin, service based consulting company in the waste industry of all places. Fits nearly all of your criteria and very valuable customers. Also - love the jamby’s sweatshirt! You exposed me to this heavenly brand a few years ago and since then I have purchased many items for friends and family 😂
Thank you for the concise and to the point update, of the elements that mainstream media and the likes don't focus on... I’ve been trying to grow my portfolio of $240K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
well said, mind disclosing info of your advisor please? I see no other way to maneuver steady profit and steer off losses in today's market affected by economic policies, hence I'm in line with seeking expertise assistance
Almost everyone, including the media, is anticipating a market catastrophe, and as a result, many are turning a blind eye to the opportunities in the market. I began investing in stocks and Def earlier this year and it is the best choice I've ever made. My portfolio is rounding up to almost a million and I have realized that when a stock makes it to the news, chances are you're quite late to the party, the idea is to get in early on blue chips before it becomes public.There are lots of life changing opportunities in the market, maximize it
This is the rich friend that I don't currently have yet. It's great to be able to hear the thoughts and perspectives of someone so successful. I love the internet
Network with people who are on the same goal Solve a+ problems. Create content no matter what. Build digital service business for local service businesses. Pitch: If I give you x customers per month how much are you willing to pay? Sell Business at some multiple. Acquire high level knowledge Network with smart people In last go for nobel missions
What most of the people really want to know is how to become a millionaire without doing much work. The hard truth is that's like a 1 in a million thing. Even with hard work and hustling you're not guaranteed success, but it really increases your chances and opportunities for luck.
1) Not entirely confident that there's zero competition for "marketing for nursing homes" or something similar--either there is some competition or it may not be an attractive segment at all 2) a 10k monntly retainer seems awfully rich for such a small business 3) agencies are hard to sell especially when the principals (you) is the reason the agency is succssful in the first place. 4) If you're hiring overseas or not, your margins aren't exactly 90%; it's only the case when an individual takes on the work himself. The service or agency business itself matters. Mainting a website is a low montly retainer. If you're doing media buying that's a percentage of media spend or a flat fee--either of which would be low for small businesses or startups. Creative/design services are billed as one off services unless you adopt subscription on demand service but aagin, this isn't a 10k month business for small companies or startups.
Your content is phenomenal. So much value! How have I not known about this channel before and how is it that it isn't getting 7-8 figure views and subs???!! Matter of time if you keep dropping these jewels.
Thanks for this insightful video, Shaan. At 35 I'm not wealthy but definitely proud of where I am. Your discussion about finding one's edge struck a chord with me, especially as I consider launching my second business. It reminds me of Scott Adams' perspective in his book. Your content is not only relatable but also motivating. I don’t remember feeling this fired about a video for some time 😂🔥 Keep up the great work!
Shaan's grandma is not going to be happy when she finds out what he did to her favorite tablecloth. Btw, if that "creating content of what you're doing to attract other people doing the same" thing, actually works, that is genius.
You are a high quality, solid individual doing great legacy work with your channel. I appreciate you and your choices. From my liminal shift from Learn to earn, I am a university for relational alchemy in one body. Getting up over and over, this video helped me identify some key stages. My heart is legacy driven and my business savvy is listening for the right lead product. Laughed because what you call design to be lucky I call designing pockets. If you don't design them you can fill them. For me I am motivated to design for others benefit, that was something I had to figure out how to use to design something sustainable. Feeling some relief from the journey with your straight talk :)
The question is: If i could double a penny for a month, would you take $1 million now or whatever the amount is after 31 days ($10.7 million). Patience pays off, sometimes.
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, jokingly😊
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.
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $508k 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 choi
I've actually been thinking of reaching a portfolio-adviser, my 401k and stocks been losing everything it's gained since 2019, mind if I looked-up this one coach you use?
that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s your financial advisor or coach, do you mind hooking me up?
Honestly, How can I be part of this project I earnestly hope to build a strong financial future I'm interested to take part, who's the person behind your success?
You know I love the show based on my likes and subscription to your show. Not gonna lie the flower shirt looks like a blouse my grandma wears. You do pull it off as well as a middle aged man can though. 😂 Also great show, 42 year old man that's looking for a career change from Dairy farming, and trucking.
Gold with platinum sprinkled on top. Cheers. Would add too that missing parties, family/friends events, netflix etc. is also key to focus and maintain the discipline required to perpetuate an idea forward. Most people when given the opportunity lack the focus to do so.
I wish there was a little more discussion about finding one’s “bear on a unicycle.” It is difficult to find the overlap between my unique 2-3 skills and what the market wants!
9:00 you mentioned your reputation - How to rebuild AFTER you've succeeded then lost it all and in the eyes of the peers failed and lost your reputation?
