I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this.
I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.?
@@BrunoLuke I invest across the top markets but not by myself though. I follow the guidelines of KRISTIN GAIL CUNNINGHAM . you might have heard of her. I can correctly say she's worth her salt as an investment advisor as her diversification skills is top-notch, I say this because I see that in her results as my portfolio grows by averages of 20 to 3O% every month, unlike I can say for my IRA which has just been trudging along. my portfolio just mirrors what she places and not just on some particular industries of my choosing. she gave me that financial freedom I needed
@@harrisonjamie794 That’s great, your investment advisor must be really good, I have seen testimonies of people using the help of investment advisors in making them more financially stable. Do you mind sharing more info on this person?
Again, thank you. I'm new to the show and listened to part 1. I'm so grateful for what you're doing. I'm a late starter but confident this information will change my mind, and life. God bless you guys 😃
I just found your podcast. Great channel guys! Ok, I get it VTSAX is the way to go. With the volatility of the market right now, when is the best time to move to VTSAX from other mutual funds? Let's say I have put in $5K in a mutual fund 2 years ago and it went down to $4.5K due to the recent decline in the market, do I wait for it to recover to at least $5K then move it to VTSAX? That way I don't loose the $500? or Do I just move it now regardless of the loss?
hi guys! great show, I have a question. why do I not be selling when i see a crash coming? and then when it's going up again buying, losing less money. it's my question too stupid?
Hi Fernan! I am asking the same question too. I thought it would be wise to sell, at least some, when the market signs / economy definitely seems grim and companies are going under - why can I sell so to lose way less money?
Rates of return vary depending on your investment period. 2001-2020 VTSAX averaged 8.5%. I am curious how much JL Collins portfolio was worth for the 15 years he didn’t use index funds. Index funds are great if you can afford to throw a $1k a month plus in or already have a huge amount to invest. That’s not your average American. Only half of Americans own stocks and half are living paycheck to paycheck. It is sound advice for most people.
906 LAWN ---- I completely agree with you. The average American does not have nor can afford $1000 per month to invest. Let's be real here - that is NOT the majority of Americans. Unless you are living free with a relative, was gifted a home with no mortgage, have a trust fund, it then is possible. Most rich people are clueless about how much it costs to live a modest life just to survive, and they also are clueless about how little income rates and paychecks are. Nevertheless, JL Collins offers sound, practical advice if one is willing to sacrifice and stay the course.
@@user-qc8vj3vp9v When the average entry level job is paying $10-16/hr now, most people who are working 35-40hours per week can afford at least $100 per month into an Index Fund, or at least utilize their companies 401k plan. A person can become an LPN within 1 year or less and immediately earn 40-50k/yr for full time work. Become a truck driver and earn 65-100k per year. Go work at a grocery store and earn $14-16/hr with good benefits etc. Things are changing now. People who forgo college and immediately begin working are in even better shape.
Great audio...however I disagree about not looking at your statements until a decade afer you start investing. You should review your statements at least 4 times a year to possibly reallocate your holdings based on your asset allocation program.
When did he say not to look at them for 10 years? He making an example of not messing with it you will do better than changing it out of fear or a feeling. He didnt say dont look at it that I heard.
Wtf the editing to shorten the podcast makes it unlistenable.... a sentence chopped and another sentence and it doesnt sound natural like a bad radio commercial trying to cram in as much info as possible....Horrid!!
