Great video! Wish I would have learned many things in my late teens amd early 20s . They don't teach you a lot about the real deal in life in college. Thanks to my parents they taught me how to save money. There are a lot things I wished I would have accomplished. Im in my early 50s now. Job is ok, pays the bills. I can make more, live somewhere else & looking into invest for the first time in an international company. Should I seek a financial advisor from USA or someone over seas? Also would like to take an early retirement and enjoy life and travel. Would love to join your group to learn from you other members and surround myself with great positive people! Your videos are awesome Alex!!! Keep up the good work 👏 👍 🙏👏💯
Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
I completely agree; I am in my mid 40s, approaching retirement, and have approximately over 2million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
I have to say Alex, quitting a six figure job while being in a completely different country is an absolute bold step!! I mean, being a 17 year old and have zero money in your bank account, I kind of understand what you felt like!! Respect to you brother!! And yes, I want to become exceptionally successful!! Thanks for uploading this video!! 👍🏻👍🏻
I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $18k to $21k every week trading different stocks and cryptos..
I'm celebrating a $37k stock portfolio today. started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me..
I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with KayanKalipha, has been an amazing experience..
Trading without professional guide...Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
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. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it, "wish everyone reading this the best of luck in achieving success!
I will advise you stop investing on your own and seek for guidance from a professional, I don't invest on my own anymore, always required help and assistance...
I follow u since Machinima Brazil, you were kinda reporter, then started presenting the show. From gaming to fashion, I've always taken you as an inspiration, 28 YO here. This video is great and the subject fits like a glove in my current life situation. Keep it up, as always Alex
*Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult* ...
Hello, I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
Really appreciate this fresh perspective on financial freedom. Sometimes aspects in life need a new approach, perspective, and verbiage even. I definitely have been shifting my mindset this direction but couldn’t put words to what that is. LIFE is definitely a game changer. Thanks, A!
Glad you’re keeping it real. A lot of people (and this includes myself) seem to throw out a big number of what they wanna make in a year without realizing that there’s this thing called “Life.” Wanna live a life of financial freedom? Don’t worry about that big number, worry about the life you want to achieve. Achieve high goals and if you fail, keep going until you succeed. Only then will you truly feel free. The harder it is at first, the “easier” it’ll get in the long run.
I think it shows best how to start and what could be reason to start i watched his many videos i can say it's one of the best video i watched in this channel
Finally! You could say I started my self improvement journey some months ago when I was 19 years old. I've started dressing better, looking after myself, started investing and just generally try to become the best version of myself. Thank you for sharing this Alex, I'll make sure to read those books you recommended. Much love from Munich ♥
Thanka bro. I am 17 and i also wanted be a content creator like you. My youtube did better before but now youtube stopped picking my vids up. 0 views everyday.
Thank you so, so much! I truly admire the path you’ve carved with your work, and I appreciate you for being such a great example. Your video helped me a lot. It made me realize that the reasons I want to achieve financial freedom are valid. I know it’s not easy, but watching your video helped me feel more focused and, most importantly, not rush things. I feel like there’s so much to learn, but also so much to achieve. I know hard work pays off. This is the first finance advice video I’ve seen from this perspective, and I’m walking away with great tips and a fresh outlook... thank you!
I'm watching from Germany and I'm shocked about the living costs... When you rent a place here, every price above 10€ per square meter is considered expensive. The minimum wage here is currently 12,40 € per hour with taxes, that is 13,71 USD. That's about 1.400 € per month. Plus, health care is mostly free. Quite the difference to the USA
Needed this vid, amazing editing too 🔥 Hard to stay motivated when work makes me too tired to want to do anything, but gotta lock in for a better future. The sooner I start, the sooner I can be financially free. Trying really hard to keep the mindset strong, but some days it’s really hard tbh. Really appreciate your unfiltered advice!
There’s an idea that spending more money during your youth while you are still lower income is a better idea. Your earning potential is very high when young. So you can travel and such have these experiences in your youth.
Hello, Alex i am watching your video's since last 5-7 yr's and, and this is one of the best video's of your's so far that i have seen, and this one is really good . i hope u keep on making this kind of real life knowledge based videos in the future too. Till then GOOD LUCK BRO!!!.
Hello Alex, can i ask about the forte series control clay when will it be available? as i search from the forte website as well as other website, i noticed it been unavailable / out of stock for awhile, when will it be in stock again ?
Bro I loved this video so much. Now I know why I fw you so heavy @alexcosta -- your story is so close to mine. Even though I was born here in the United States, my mother was a teacher in the private school my sister and I attended and I didn't realize we didn't have the money our peers' families had. And it didn't make me feel like a victim or jealous, but rather pushed me to believe "if they can I have it all, then why can't we?" Even at my age in my 30s I'm still learning the stuff you're speaking on. I have always been able to be AROUND the wealth, and now I'm learning how to actually build and be a steward over it. Hope to meet you someday brother
The video that I needed, thank you so much Alex, I’m following you since 2018 and I’m 24 years old so close to finish my engineering career so that kind of videos allows me to have more knowledge about financial free and able to do it in my nearly future
Hey Alex , really nice video ! I was wondering if I could help you with more Quality Editing in your videos and also make a highly engaging Thumbnail and also help you with the overall youtube strategy and growth ! Pls let me know what do you think ?
Alex could you maybe make a video on how to know if your crush likes you at school? In class or overall surrounding. She was mad looking into my direction when nothing was going on so I knew she was doing something,
Interesting take on financial freedom! But does anyone else think it’s a bit idealistic to assume everyone can just 'work backwards' from their dream life? 🤔
Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark
Why did you say “what kind of work you want to do, if any.” Bruh…to achieve any sort of financial freedom you have to PUT IN THE WORK!!! It NEVER ends. People get this misconception that rich people are not working…mannn that’s why people fail so much. If you do not have a great work ethic you will fail. It’s easy to get money, but to keep it it requires hard work and sacrifice. We could all ball out for a day, a month…but to ball out forever requires WORK!
