The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
Most times it amazes me greatly the way I moved fro an average lifestyle to earning over $62k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.
@@kimberlycobbs9303 Anyways not actually, what I know about trading almost on zilch lol. I make huge profits on my investment since I started trading with an Expert, her trading strategies are top notch coupled with the little commission she charges on her trade.
Great idea, how did you do it? I could use some help over here too, My Crypto picks have been depressingly bad Tbh I'm in need of a good investment plan currently, I have a lump sum of $80k+ in a savings account yielding next to nothing. Do you have more clues that could help?
@@kimberlycobbs9303 The best strategy to use in trading crypto is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed. Because I have learned along the way of my investment that research and analysis are important, note that experience is more needed, than luck when it comes to the stock market.
@@douglasturner7882 You right, getting in touch with a Trading Consultant is how I was able to scale through the crazy stock downtrend which helped saved my finance.
The philosophy of the rich and the poor is this: "the rich invest their money and spend what is left. The poor spend their money and invest what is left".
Interesting, most people don't understand the market moves and tend to be mislead in facts like this and always depend on Money in the Bank very bad idea.
I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do because I have no idea of how and where to invest in?
I'm happy to see Mr Jay Frank mentioned here, My spouse recommended him to me after investing £4000 and he has really helped us financially in thu times of COVID-19 lockdown here in Australia.
Hi Rina Hicks, this is your brother from Luanda, Angola. I learned a lot in this 27minutes, I have subscribed to both your RU-vid Channel + Switch TV and I am buying your book Kindle version... Thank you fot the tips!
Fluke! I have been researching all these while for a digital asset to invest in and I found the crypto market to be the most profiting among them all. I'm definitely bouncing on it.
@@JamesClara-nl6ii As a beginner investor, it's essential for you to have a mentor to keep you accountable. Myself I'm guided by Mrs BEATRICE AQUILA. A widely known crypto expert.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works
I totally agree with you, the stock market is the most profitable venture I ever invested in, I reached my goal of $500k yearly trade earnings. Setting realistic goals is an essential part of trading
But successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result of hard work and hustle over time.
*Rich people plays the money game to win.* *Poor people plays the money to not lose.* *The goal of the truly rich people is to have massive wealth and the poor sees a surplus as an opportunity for consumption instead of investing it.* *change your mindset and do what the rich does,* *which is investing,* *investing and investing.*
Consistency is the key to success. I started putting aside 100 just a few weeks ago and voila I have 1800 now, enough to get something nice. I'll keep it up and see where it leads. 😀
There is no such thing as retirement in your life. Only the duties change, but you work all your life. As a youth, physical work. As an elder, societal community work.
I needed to hear this, I have saved ksh3.5 m so far, I need to invest it.At 25 my aim is to be financial independent by 35 leave my job as watch my money working for me.The idea of working 8-4pm job doesn't auger well with me.
Remember to give your life to Jesus Christ while at it (if you haven't already). Your soul is worth more to God than your financial status, so I pray that as you prosper financially your soul to prosper. Riches are uncertain and tomorrow is promised to no man. God bless
Might be a little late to the party but defo taking notes! The lady is so passionate and breaks it down so well. Would be a brilliant idea to bring her back.
that book at 6:00 happens to be a book am reading now. it is '' the millionaire next door''... i recommend everyone to atleast read the first 2 chapters
Saving is a great strategy, but look at it this way,,if you put your money to work,that is instead of saving,you invest in an asset that gives you positive cashflow every month, you'll accelerate your wealth to the 1% population of the wealth. The goal is financial freedom,,and this cannot come from saving your money,,invest in a generational wealth ,in assets such as real estate, businesses , commodities. I wish for financial freedom to all that will read this.
Your idea is cool but you can not put all your eggs in one basket...the thing is you can use the idea you have at the same time what you get from that you can invest else where like shares in saccos etc
Iam turning 34. Only started serious investment last year August. I wish I knew about investing 13 years ago when I started working. The thing is we lack this type of knowledge
Because we Don't read books, there's wealth in books,..the richest man in babylon, rich dad poor dad, who moved my cheese, think and grow rich,eat that frog 🐸 ..among other books
Never regret, you now have the info.... Get to action and start building your wealth... You are now more financially mature and well capable of making your life easier and more importantly much better... Do it
Same here, I was looking at my spending compared to my almost nothing savings n already 31 😢 I felt it's too late...so am not alone, guys we can do this
The key to a secure financial future is "SAVING". I wish all our children could listen to this. As a young woman, we were duped into taking loans from SACCOS, which was a grave mistake. We repaid the loans through our noses and back into poverty.
im currently 22 and i really want to start saving but didnt know where to start....im very guilty of wanting to live a rich life at this young age without thinking of the future but have decided with how the world is going you never know what is ahead...better to save for the rainy days...thank you for this
I will forever appreciate this channel, you've helped my family alot, your videos, advice, lessons and funny words are inspirational and helpful to us. My husband and I have been able to be minimal, conscious in spending, saving and investing wisely, I now earn every week. You're such a blessing to this generation. we all love you😘😘
I'm very happy for you dear 😘and you're creating a great reputation for this channel and everyone,I will love to achieve this great goal you're enjoying now.
@carter ariana I can share some that helped me, 1. Plan towards it 2. Be frugal and minimal on spending (don't buy what you don't need) 3. Save money wisely towards retirement 4. Save to invest, it's a proven way to get richer.
@@stormclair1572 I have had no luck investing in cryptocurrency , I actually invest on my own but my profit ain't always as I expect, sometimes I keep losing money 😥😥😥😥
Saving assures you of having something on a rainy day, investing doesn't always. What's the surety of your investing picking up n getting returns? No matter what, always save
Hi Rina. At 50 I only have about ksh 330,000/= having worked over 25 years. Is there much hope left?. Is this gonna help me manage for next many years?
Good investment however it results in low returns... Imagine spending over 10 million in buying land and building rentals then only earning about 80 k a month.... How long will it take for you to recover your invested 10 million??
@@brianbett8537 that's a good investment ..that's a 9.6% p.a...it will take 7.5 years to get your money back plus the property appreciation.... WOW...imagine you reinvesting and buying like 2 properties in those 7.5 years... Compare this to the shiity interest bank of Kenya who are playing with our minds😂😅
She's spitting facts n she's on point I liked it even tho it won't help me. Cos I'm already ahead investing into the stock market n making lots of money.
Crypto currency and NFTS will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profits from my current investment.
It is possible to produce superior performance provided you do something different from the majority. However most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
@@aidanbeazley3536 You are right but the market is profitable if you are using a really good broker or account manager to help out with trades or provide signals
@Bright Jan Interesting. I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?
Your analysis is good but you fail to tell pipo that investing in shares is very risky coz returns r not usually guaranteed. Thus, chances of losing money is very high.
