The Money Expert: "Do Not Buy A House!" 10 Ways To Make REAL Money: Ramit Sethi

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The Diary Of A CEO

9 місяців тому

In this new episode Steven sits down with personal finance adviser and host of Netflix’s ‘How To Get Rich’.
0:00 Intro
03:05 Why should someone stay and listen to this episode?
04:53 The language of money
06:03 Numbers we should know
09:47 How many people are clear on their rich life
15:40 Why people should think twice about buying a houses
26:00 The S&P500 & investing
37:00 Compound interest calculator
44:20 What are the characteristics of someone that will end up little money
47:44 How do I increase my income?
51:47 Optimising your skill sets
59:11 Should I invest in cypto
01:04:13 Always have 1 year of emergency funds
01:04:52 How much to invest & what you shouldn't question spending money on
01:06:30 Business class flights
01:07:54 Always buy the best
01:08:38 Always spend on these 2 areas
01:11:16 Work only with people you like
01:12:59 don't get caught up in the numbers
01:14:02 Talking about money with a partner
01:29:09 Character traits of people that will never get rich
01:33:18 The last guest's question
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КОМЕНТАРІ: 8 843
@rannyorton
@rannyorton 2 дні тому
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.
@belljoe
@belljoe 2 дні тому
I don't have a full-time job; instead, I'm self-employed with a variety of sources of income. Regardless of how much money I generate each month, I maintain the same budget and adhere to my means-tested lifestyle.
@smithlenn
@smithlenn 2 дні тому
This seems like the worst period. Even the markets are very unpredictable. started investing recently when the market prices were a bit high ,today i am more than 60% down
@dawsondanny990
@dawsondanny990 2 дні тому
I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 40, I am thrilled to share that my passive income exceeded $100k in a single year for the first time. This success reinforces the importance of the advicmonth e mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.
@smithlenn
@smithlenn 2 дні тому
Fantastic! can u share more details?
@dawsondanny990
@dawsondanny990 2 дні тому
She's known as 'Julia Hope Marble'. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
@VirginiaPreciousher
@VirginiaPreciousher День тому
borlest forbidden money books (thank me later)
@cloudyblaze7916
@cloudyblaze7916 2 дні тому
t's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.
@mohican-jx6fx
@mohican-jx6fx 2 дні тому
I understand how you feel. It's a little bit difficult to navigate things these days. You don't wanna lose whatever is left. I may suggest that you find a financial advisor who could give you thorough advice on how to go if you want to go the investment route. Also, the fact your business failed doesn't mean you should give up.
@albacus2400BC
@albacus2400BC 2 дні тому
That's right. I have tried many failed businesses and it's just a step further. Don't despair. But to add, if you do decide to use a financial advisor, it's best you use someone who understands your special needs and can work with you. I learnt this from experience before finally finding one I can stick with. Now I make six figures from my investments alone, and even more from my businesses.
@ericmendels
@ericmendels 2 дні тому
Thank you for the advice. When you say financial advisor, are you talking about hedge funds? And how do I get in touch with on?
@albacus2400BC
@albacus2400BC 2 дні тому
Hedge funds are good, but because of their scale, they are quite bureaucratic. The majority of independent financial advisors are available online. For example, Sharon Lynne Hart, with whom I collaborate, has a webpage. There must be more excellent ones. just do your research.
@gregorywhem
@gregorywhem 2 дні тому
Thank you for the recommendation. I'll send her an email, and I hope I'm able to make something out of it.
@traviswes7082
@traviswes7082 7 днів тому
The home I purchased in 2023 has appreciated by $60,000 since my acquisition. However, the downside is the diminishing value of the dollar. I am currently contemplating strategies to reinvest $300,000 in the real estate market.
@Patriciacraig599
@Patriciacraig599 7 днів тому
Portfolio diversification is very advisable in the investment plane, well I think you need to get a financial expert to assist you with the best financial goal.
@tommychestnut5335
@tommychestnut5335 7 днів тому
Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2020, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.
@Natalieneptune469
@Natalieneptune469 7 днів тому
Once you hit a big milestone, the next comes easier.. would you mind dropping info of your Investment-Advisor please? I'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance
@tommychestnut5335
@tommychestnut5335 7 днів тому
Kathleen Cheryl Constantz is the certified CFP I use. Just search the name on the net. You’d find necessary details to work with to set up an appointment.
@Natalieneptune469
@Natalieneptune469 7 днів тому
I just googled Kathleen and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@nicolasbenson009
@nicolasbenson009 9 днів тому
I'd love to invest in stocks after listening to a guy on a podcast talk about the importance of investing and how he made over $300k in few months of investing into stocks from $175k initial capital, somehow this video has helped shed light on some things but I'm confused about the current market volatility I'm new to this and I'm open to ideas.
@EddyAgnes-vy4kp
@EddyAgnes-vy4kp 9 днів тому
It's difficult to beat the market as an ordinary investor, you don't have access to information that professionals have. So it's just better if you invest with a professional who knows how things work better.
@Jersderakerguoe
@Jersderakerguoe 9 днів тому
That's right, I started investing sometime in 2019 and by early 2019 I pulled a profit of over $800k with no prior investing knowledge or skill I was basically just following the guidelines set by my financial advisor, despite the current market volatility I return at least $75k every month so you don't necessarily need to be a perfect investor or do the hard works, just have an advisor to guide you.
@SandraDave.
@SandraDave. 9 днів тому
Interesting! been looking to switch to an advisor for a while now but the fear of losing funds held me back, please any help pointing me to who your advisor is and how to reach them?
@Jersderakerguoe
@Jersderakerguoe 9 днів тому
My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@jones9-
@jones9- 9 днів тому
Thanks for this amazing tips, I found her webpage and booked a call session with her, she seems proficient.
@Greggsberdard
@Greggsberdard 18 днів тому
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
@crystalcassandra5597
@crystalcassandra5597 18 днів тому
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
@lolitashaniel2342
@lolitashaniel2342 18 днів тому
Mind if I ask you to recommend this particular coach you using their service?
@crystalcassandra5597
@crystalcassandra5597 18 днів тому
Sharon Lee Peoples 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.
@grego6278
@grego6278 18 днів тому
I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
@VictorBiggerstaff
@VictorBiggerstaff 8 днів тому
No financial institution should be allowed to own 40% or more of the single family homes. This recession is paving a way for a monopoly on homes to further rid of the middle class.
@NicholasBall130
@NicholasBall130 Місяць тому
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
@StocksWolf752
@StocksWolf752 Місяць тому
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
@EleanorBaker474
@EleanorBaker474 Місяць тому
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
@StacieBMui
@StacieBMui Місяць тому
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
@EleanorBaker474
@EleanorBaker474 Місяць тому
“Sonya lee Mitchell’’ 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.
@FCS81
@FCS81 21 день тому
8% interest rate in 1990s was not a big deal compared to now. Houses in the 90s were a fraction of what they are now. I pull the trigger in a heart beat on a 200k house at 8% right now. But 1st you are getting a shoe box for 200k now vs the 90s. Plus insurance rates and property taxes are outrageous compared to the 90s.
@MathiasLaurel
@MathiasLaurel 27 днів тому
The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
@TariqSinghKhan
@TariqSinghKhan 27 днів тому
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
@NatalieFormor
@NatalieFormor 27 днів тому
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@RebeccaSheer
@RebeccaSheer 27 днів тому
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
@NatalieFormor
@NatalieFormor 27 днів тому
ELISSE LAPARCHE EWING 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..
@scottjuarez9549
@scottjuarez9549 27 днів тому
Thank you for the lead. I searched her up, and I have sent her a message. I hope she gets back to me soon.
@dianarabbanii2
@dianarabbanii2 Місяць тому
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.
@TariqSinghKhan
@TariqSinghKhan Місяць тому
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
@EmiliaAbelard
@EmiliaAbelard Місяць тому
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@NatalieFormor
@NatalieFormor Місяць тому
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
@EmiliaAbelard
@EmiliaAbelard Місяць тому
Viviana Marisa Coelho 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..
@scottjuarez9549
@scottjuarez9549 Місяць тому
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@ThomasJoe..
@ThomasJoe.. 9 місяців тому
The not buying a house does not work in the UK as 90% of rents are higher than a mortgage cost. Also if you want to start a family you need a stable place to raise your children and with renting you can be kicked out within a few months notice and your whole life could be turned upside down.
@4thought___
@4thought___ 9 місяців тому
In Australia too.
@yonchrr
@yonchrr 9 місяців тому
Dnt have kids.
@anishpatel344
@anishpatel344 9 місяців тому
Sorry but where about are you based? Here in the South Rent is absolutely not higher than mortgage monthly costs lol. Your principle most likely works in the North where houses are cheap but not anywhere near London or its surroundings Oxford, Cambridge etc
@Zanmato_7
@Zanmato_7 9 місяців тому
Exact same in Ireland absolutely terrible advice from this guy.
@inndia
@inndia 9 місяців тому
@@anishpatel344absolutely
@austinbar
@austinbar 2 місяці тому
Started my portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education!
@eloign7147
@eloign7147 2 місяці тому
Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds?
@rogerwheelers4322
@rogerwheelers4322 2 місяці тому
There is 55% overlap with the holdings in VOO and VUG. 1 is tech heavy and the other is financials heavy similar, but not the same. VOO tracks the S&P 500; VUG is just focused on large cap growth stocks. VUG is a bit more volatile, but with a higher upside potential. VOO is a bit safer. I’ve never heard anyone advise against multiple ETFs/mutual funds. You just have to be aware of overlap. 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.
@joshbarney114
@joshbarney114 2 місяці тому
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.
@FabioOdelega876
@FabioOdelega876 2 місяці тому
I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
@joshbarney114
@joshbarney114 2 місяці тому
Finding financial advisors like Natalie Noel Burns 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.
@Casey-summer
@Casey-summer 8 місяців тому
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.
@sloanmarriott5
@sloanmarriott5 8 місяців тому
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?
@BaileyHoward101
@BaileyHoward101 8 місяців тому
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.
@disney-hefner
@disney-hefner 8 місяців тому
That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?
@BaileyHoward101
@BaileyHoward101 8 місяців тому
Camille Alicia Garcia" 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.
@lilyhershey1
@lilyhershey1 8 місяців тому
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive.
@CatherineWilson8
@CatherineWilson8 9 місяців тому
It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.
@MarkGrimm8
@MarkGrimm8 9 місяців тому
I recently sold my home in the Boca Grande area and am considering investing a lump sum into the stock market before the anticipated rebound, couple of folks have been discussing a potential May rally, speculating on which stocks may experience substantial growth during the festive season. Do you have any insight into which stocks these might be?
@DaleHorne8
@DaleHorne8 9 місяців тому
If you are new to the market, I recommend seeking professional assistance. The most effective approach to creating a well-organized portfolio is to begin with a professional who is knowledgeable about the turbulent yet profitable market.
@JordanPortales
@JordanPortales 9 місяців тому
Over the past three years, I have been working with an investment coach who has provided daily guidance on my investment decisions. With their expert analysis, I have realized gains of over 850k. Their insights have helped me avoid losses and capitalize on market breakthroughs, particularly during downtrends.
@ritalorrigan
@ritalorrigan 9 місяців тому
@@JordanPortales I'm intrigued by your experience. Could you possibly recommend a trustworthy advisor you've consulted with?
@MrAndy1010
@MrAndy1010 8 місяців тому
is it difficult to predict? i believed months ago interest rates would go higher and house prices would drop. i have no training but this guy explained it was inevitable .depends on who you listen to .People who remain in the same job when they are consistently wrong and not accountable ? the housing market applies to people who can afford to buy .this guy predicts that every generation will get poorer and it will continue.The number of people able to buy will reduce as the number of properties owned by rich can only increase and be rented with government policies which favour them .there will be more of a difference between the super rich and everyone else.the system is built that way .the tax on income is way more crushing than tax on wealth (assets owned by the wealthy )if leaders were concerned with fixing the economy have they not had enough time to do it(centuries)or want to actually do it ?the super powerful and wealthy have done so over generations and passed it on. how can every country have the same problem now ? it has been fixed to benefit a certain protected group. there has been a larger increase in the number of millionares and billionaires in the last 2 years than any period in the history of mankind. im not suggesting every politician is corrupted .some are incompetent but they are managers for the global business NOT representative of the people ukposts.info/have/v-deo/aWWLeHtnnW-kwGQ.html
@AlondraCarranza-kf6pc
@AlondraCarranza-kf6pc 2 місяці тому
Nice work. I’ve been on the Blcktken300 train for a while, never sold as they are always building.
@GalaxyaSpeaks
@GalaxyaSpeaks 2 місяці тому
Why would anyone need so much money at the age of 69? I mean, it's foolish to save in a fund all your life just to have 13 million dollars at 69. What utter nonsense. 😀😀😀😀😀😀
@josejavi7079
@josejavi7079 2 місяці тому
I'm DCAing in Blcktken300 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
@2dogsahooman677
@2dogsahooman677 9 місяців тому
Bought my small house and now mortgage free. Paid into a pension since 21 yrs old and now retired at 55. Not huge monthly payment but life and no longer working was always my aim and debt free. Happy, very happy.
@terryloker2585
@terryloker2585 9 місяців тому
Most people i speak too that have retired would love to be back at work . I had a week of last week and was bored sh@tless LOL I now know what they're on about . What the heck do you do all day ??
@2dogsahooman677
@2dogsahooman677 9 місяців тому
@@terryloker2585 lol. Walk my dogs, potter in the garden, meet friends and family, read, weekly blow dry lol. Had a very stressful career and am enjoying the sheer lack of it now. Spent time on myself, lost weight, no longer diabetic or have high BP. Am healthier now than I was in my 30’s. Love my life.
@lukewilliams7020
@lukewilliams7020 9 місяців тому
What do you do with your time. Aren’t you bored?
@terryloker2585
@terryloker2585 9 місяців тому
@@2dogsahooman677 Oh your female . Sorry didn't realise that bit . Ok most men i speak to would rather stay working LOL
@dickieblench5001
@dickieblench5001 9 місяців тому
Retirement=death's waiting room
@user-hn7jm1gl3n
@user-hn7jm1gl3n 9 місяців тому
My experience. I purchased a house in 2013 with 20% down. My total payment including taxes, insurance, HOA is $1,800/mo. As of today, this exact same house is renting for $4,200. The property value has also gone up 3x! I'm glad I bought my house.
@napyhed4754
@napyhed4754 9 місяців тому
Me too. I built equity in my first house and was able to pay cash for this house. I watched my elders on a fixed income renting in a retirement community where they raise the rent! That was years ago and my goal was to have a place to live when I am too old to work.
@janepenston1778
@janepenston1778 9 місяців тому
Same, we are so blessed to buy in 2005 . 300 now ite 450 crazy, we pay 1200 a month same house to rent is 2800..wow
@lgee9027
@lgee9027 9 місяців тому
Me too!!! I bought in 2-09 in cash!!! No payments for 14 years and I have freedom to work part time!!! Car paid for in cash also🎉🎉🎉🎉
@jacksongrace1685
@jacksongrace1685 9 місяців тому
I bought my house in Australia, 2020 middle of covid. 500k. Now worth 750k AUD. Equity to use for shares/ another house. Not buying a house has closed the door on people's ability to live in their own house forever. He talks about 7% annually with bonds however doesn't talk about the inflation rate being 7%.
@jacksongrace1685
@jacksongrace1685 9 місяців тому
I bought my house in Australia, 2020 middle of covid. 500k. Now worth 750k AUD. Equity to use for shares/ another house. Not buying a house has closed the door on people's ability to live in their own house forever. He talks about 7% annually with bonds however doesn't talk about the inflation rate being 7%. Realistically you need to atleast get 10% returns for it to be "profitable".
@user-hq7ty9jt4b
@user-hq7ty9jt4b 2 місяці тому
Need more Blcktken300 content. Converted my ETH to BTC but kept my Blcktken300
@dannacasas8524
@dannacasas8524 2 місяці тому
Love the Blcktken300 content. I think this project is just as essential as HBAR and they both will be great movers
@anthonyrossi2001
@anthonyrossi2001 9 місяців тому
I bought my house 10 years ago. My mortgage is 711 a month. Houses up my block rent for 1850 a month now. I’m happy with my purchase.
@robinluich6626
@robinluich6626 9 місяців тому
Absolutely. A home purchase during the housing crash is definitely paying off now. Our mortgage is way lower than rent these days.
@jamies6534
@jamies6534 9 місяців тому
You just highlighted the exact point he's making. The real cost of owning this property isn't $700 a month.
@MrScaramoosh
@MrScaramoosh 9 місяців тому
The NWO will soon change all that, unfortunately.
@anthonyrossi2001
@anthonyrossi2001 9 місяців тому
@@jamies6534 $711 includes my taxes and my and homeowners, monthly or yearly cost that I put into this house would never reach the 1850 that people are paying up my block plus it seems to go up $100 every year the rent that is, I bought this house for 110,000 and now it was estimated at 279! I don’t even believe that I would be able to afford to live in this neighborhood anymore if I had to pay $2000 a month. A neighborhood I grew up in and want to stay in. Also, I have it to pass down to my family. The reality is every situation isn’t for everybody. I understand that, but he just made a blank statement that you should never buy a house and I don’t agree.
@louisejoel
@louisejoel 9 місяців тому
Are the employers your region having trouble finding staff or do they hire live in staff?
@user-ny5xe2hx7t
@user-ny5xe2hx7t 9 місяців тому
Retirement for some people becomes their bondage in poverty because they failed to invest with the little they have on their active years of working, this is an error we need to start working on now, I’ll advise that while you still can work and earn also take some money aside and invest in your future after retirement so this classification won’t have to be yours
@DeborahPearson-ng2cs
@DeborahPearson-ng2cs 9 місяців тому
You are right.!
@SandraPatterson-di6xh
@SandraPatterson-di6xh 9 місяців тому
I invested $10,100 with her and she made profit of $53,000 for me just in 5days
@AnaOliveira-io1hx
@AnaOliveira-io1hx 9 місяців тому
I have seen a lot of Positive post about this Shanita Creswell. Please how do I reach her?
@JoeCloud-hy2uc
@JoeCloud-hy2uc 9 місяців тому
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"
@JoeCloud-hy2uc
@JoeCloud-hy2uc 9 місяців тому
Poor people think about what they can buy with their money, rich people think about what they can invest in with their money.
@josejavi7079
@josejavi7079 2 місяці тому
My Blcktken300 shorts are doing pretty well and I plan to hold much longer.
@ceridawn
@ceridawn 3 місяці тому
I lived in a caravan next to a loch and some woodland for 8 years, saved a big deposit and bought an old stone semi rural cottage for £57k. Only a few years left on the mortgage. I dont care about being rich but my own home means the world to me!
@evelynemmanuel6689
@evelynemmanuel6689 3 місяці тому
So do I.
@9737119088
@9737119088 3 місяці тому
That's great
@SM-cg5uy
@SM-cg5uy 3 місяці тому
Caravan? Like a circus caravan?
@nekozombieraw
@nekozombieraw 3 місяці тому
I'm guessing you're not fromt he UK. A caravan is an RV in the US @@SM-cg5uy
@SM-cg5uy
@SM-cg5uy 2 місяці тому
@@overthinc I think it means a trailer. (?)
@benitabussell5053
@benitabussell5053 7 місяців тому
The S&P 500, if one sticks with it, outpaces inflation by many percentage points. I just want my money to keep outgrowing the inflation rate. That is why I'm looking for companies now to put in $80k for a start. Just don't know how to proceed
@EverlyndPerez
@EverlyndPerez 7 місяців тому
I've totally stopped believing in the S&P to deliver any significant return, especially this period. I'm thinking of redistributing my portfolio to other stocks, but I hardly know which ones will do well.
@Theresaa12
@Theresaa12 7 місяців тому
This is probably what I should do. Who is your advisor, please?
@MustRlw4mr
@MustRlw4mr 7 місяців тому
What is her full name please@@HarrisRyan-oy8eo
@__Salty
@__Salty 7 місяців тому
Partner with me, back multi family rental property. You provide money , I will find, buy ,rent and share in monthly returns. Old school bread and butter. East coast.
@ms.ladysanders3939
@ms.ladysanders3939 3 місяці тому
​@@__Salty😂😂😂
@AlexJohnson-jc8cs
@AlexJohnson-jc8cs 7 місяців тому
The best thing I've done is to start reading Newsletters on business/marketing etc. In my bio I have links to my favorite ones
@williamerdle7726
@williamerdle7726 7 місяців тому
😊
@williamerdle7726
@williamerdle7726 7 місяців тому
4
@RudolfJvVuuren
@RudolfJvVuuren 7 місяців тому
Who is your advisor and how can I contact him?
@PrabalAroro
@PrabalAroro Місяць тому
*Great Video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach*
@ElsonAdane
@ElsonAdane Місяць тому
@NurseMirah-hn4ci
@NurseMirah-hn4ci Місяць тому
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
@Mesaltequerida
@Mesaltequerida Місяць тому
A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some
@EvelynNorado
@EvelynNorado Місяць тому
I feel sympathy and empathy for low income individuals who are struggling to survive. If it weren't for my investments with Camila Lucinda I wouldn't be where I am today.
@LigoSam
@LigoSam Місяць тому
Interesting, you also trade with Camila? That woman has been a blessing to me and my family as well.
@reaganhalphen4134
@reaganhalphen4134 3 місяці тому
This man is brilliant, I read his book and ran with one of his recommendations and doubled my salary.
@kaybrown9608
@kaybrown9608 2 місяці тому
what book
@MrsNurse2011
@MrsNurse2011 2 місяці тому
What was the recommendation?
@photoeducationbydaniel
@photoeducationbydaniel 9 місяців тому
I bought a house! It's the best thing I ever did! It's launched my mindset in new directions! Remember that having your own space has profound phycological impact and can be life changing for some that dont live in a healthy environment
@kdel45
@kdel45 9 місяців тому
I agree. Not every decision in life needs to be about making money and being rich.
@rustyshimstock8653
@rustyshimstock8653 9 місяців тому
This has been my experience, too. The great thing about a house as an investment is that you can live in it. Once it is paid off, living rent free is a fantastic retirement benefit. I also happen to be a person who likes to modify things.
@christinewilliams4693
@christinewilliams4693 9 місяців тому
@@rustyshimstock8653- it’s great to live freely after you’ve paid off the mortgage……until you need care and then the council takes your house to pay for it and you’re beside someone who lived in rented accommodation! I wouldn’t advise anyone to buy a house nowadays or if they did want the security, do the share purchase and put down the bare minimum for the mortgage element. If you lose your job, you’ll get benefits for the rental element but only the interest element of your mortgage.
@thementribe
@thementribe 9 місяців тому
It’s true that a house paid off is such a blessing and mentally satisfying. Though, depend where you live, some homes needs 20-30 years to be paid off. So if you live in low cost cities then that makes sense. In high cost cities, buying a home is super expensive
@Beez27
@Beez27 9 місяців тому
My mortgage is significantly lower than what it would cost to rent.
@Mathiasabt5765
@Mathiasabt5765 9 місяців тому
At the very least, I understand the concept of leverage. Making money and achieving financial independence isn't as difficult as many people believe. With the right information, it is much easier to build wealth and maintain financial stability indefinitely. The only true way to earn a lot of money and stay wealthy indefinitely is to participate in financial programmes and products.
@sheldonevans8465
@sheldonevans8465 9 місяців тому
Most people simply enter the foreign exchange market without comprehending matters like this. The first stage in building money is determining your goals and risk tolerance, which you may do on your own or with the assistance of a financial counselor who works with a verified Finance agency. And also you can learn the facts about saving and investing and create a clear plan, you should be able to acquire financial security over time and enjoy the benefits of income management.
@anneschneerer3578
@anneschneerer3578 9 місяців тому
I've been making over six figures passively investing with Joseph Sylvan Anderson, who showed me the right community to join and grow my finances, and I don't have to do much work. I will always make money, even if the market is crashing.
@adamsynder6300
@adamsynder6300 9 місяців тому
He does appear to be very knowledgeable about this subject. I discovered his online page after conducting a Google search for his full name. I read through his resume, educational background, and qualifications, and it was very impressive. I left him a note and scheduled a call with him.
@louwegner3175
@louwegner3175 9 місяців тому
That is why I work with Joseph Sylvan Anderson, who introduced me to a better financial community, a verified agency where I learned about money and how to make it, and free books, courses, and daily lectures. You can also meet new people, which was the best decision I ever made.
@cadenkerr873
@cadenkerr873 9 місяців тому
You'll be better positioned for success in life if you work with a financial advisor like Joseph who has extensive experience in a reliable financial firm. The reason it's always a good idea to join the right community is because I'm glad I was able connect with "Joseph Sylvan Anderson" earlier this year because, while others were lamenting the market's decline due to the state of the economy, I was busy learning from him and eventually made over seven figures in the first quarter alone.
@chaXo
@chaXo Місяць тому
Having a one year emergency fund is honestly extremely hard when rent is around 1500 for a single bedroom 😭
@ering1107
@ering1107 Місяць тому
I guess if you only make $2000 per month.
@sarahuber8567
@sarahuber8567 10 днів тому
So true.
@Daveyjonesvi
@Daveyjonesvi 6 днів тому
I know it’s dependent on where you live but me hearing that in my context thinks that is a steal 😮‍💨
@joylim7926
@joylim7926 2 місяці тому
This episode was so helpful, and honestly, this is one of the best podcasts out there. I feel like I've learnt so much since I started following your channel. Thank you for producing such great content!
@CraigMarsh-hu7pf
@CraigMarsh-hu7pf 6 місяців тому
Interesting video; I wish I had more time for experimentation, but I'll be 50 on December, and what i have done so far is to use all my entire savings to buy a house that i am still paying and i wish i know this ideas in my early 40s i would have made so much money to buy myself Houses and still have enough investment before i retire by the of 65
@AlinaLopez-vz9qp
@AlinaLopez-vz9qp 6 місяців тому
That's right, contacting a consultant during the pandemic was how I was able to navigate the chaotic stock decline.
@BullBarry-ee1fy
@BullBarry-ee1fy 6 місяців тому
over the last 4months, and I've generated around $380K in net income. Having a coach has significantly strengthened my credibility and perspective on the market.
@CollinJon
@CollinJon 6 місяців тому
Nice summary, so who is the coach that tutored you? And how can I contact them, i'm in need of their skillset.
@BullBarry-ee1fy
@BullBarry-ee1fy 6 місяців тому
Lisa Ann Moberly is the FA assisting me with my investments; you can arrange for an appointment through her personal webpage.
@SergioMartinez-xt6ym
@SergioMartinez-xt6ym 6 місяців тому
This is a scam! You’re all bots. This conversation is sooo fake👎
@booz394
@booz394 3 місяці тому
Growing up as new immigrants to South Africa, I grew up with no money. Growing up in a Jewish household - money was always up for debate… from financial mistakes, to future aspirations. Today thankfully, I lack very little - I give away a lot and I sleep well at night. I grew up on the notion of wealth =property…. And it worked out well… I have properties today on four continents. Thank you for this podcast - I am grateful to learn about other forms of investing.
@von2981
@von2981 3 місяці тому
I paid off my house in 9.5 years, and im 38 years old. THe feeling of no mortgage or rent is the best thing i've ever done. I've been maximizing my investment yearly after paying off my house. This is something I couldn't have done if i was renting like these guys. Have a plan and stick to it.
@barrontrump3943
@barrontrump3943 Місяць тому
Based on
@parrish8386
@parrish8386 9 місяців тому
In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
@leojack9090
@leojack9090 9 місяців тому
For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.
@fadhshf
@fadhshf 9 місяців тому
I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
@lowcostfresh2266
@lowcostfresh2266 9 місяців тому
You are right! I’ve diversified my $450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.
@TomD226
@TomD226 9 місяців тому
@@lowcostfresh2266 Do you mind sharing info on the adviser who assisted you?
@TomD226
@TomD226 9 місяців тому
@@lowcostfresh2266Do you mind sharing info on the adviser who assisted you?
@jessicamegan5850
@jessicamegan5850 3 місяці тому
Hello, I am in London and am considering investing in real estate as a way to get some passive income. A few years ago, my brother purchased a home in a county outside of London. Because he was unable to find tenants, the property was eventually repossessed. As a result of this experience, I'm concentrating on purchasing real estate in London, where it's quite challenging to obtain a mortgage because of the high cost of the properties. Would you kindly recommend an easy way, where one may try to sustain these cost on mortgage?
@andyosman8375
@andyosman8375 3 місяці тому
Houses are so expensive in the uk now. How would anyone pay off 400k plus, unless they want to commit to a ball and chain lifelong mortgage? Am I missing something? Seems like even if you had two professionals there that would take decades to pay off…?
@joerobert1801
@joerobert1801 3 місяці тому
First, Jessica you need to have a salary of at least 25k before you will be considered for a mortgage, that you need for properties. If you want to achieve a 75 percent yield yearly, try looking out for an investing advisory or else you will be competing against professionals themselves.
@jessicamegan5850
@jessicamegan5850 3 місяці тому
Spot on Joe, generating returns are usually phenomenal. What would have been really interesting would be a proper breakdown showing their costs , services, investors return..
@joerobert1801
@joerobert1801 3 місяці тому
it's important to consider the different aspects of managing a property internationally, including understanding tax implications in your countries. You might also want to think about the logistics of property management from afar and perhaps consider engaging an asset coach to assist with the day-to-day management of your investments while creating revenue to offset your mortgage. I’ve done so with my coach Frost HIlda and I've already paid off two previous mortgages. Now I'm working on my third.
@jessicamegan5850
@jessicamegan5850 3 місяці тому
Really good insight sir, I have two properties offered off the market since the high interest, I have been offered a developer loan but Im interested on making more income, does he’s advisory give access to substantial equity returns to offset my mortgage?
@linalingling
@linalingling 3 місяці тому
Thank you so much for this! I loved watching this as it enlightened me to alot of financial questions I have had
@heavenread4610
@heavenread4610 Місяць тому
I recently discovered your channel while browsing for something else. I've already watched 5 episodes and found them to be the best and most informative. As an artist I can paint with my right brain, my left brain is attentive to your content, which is on auto-play. I appreciate the amount of knowledge I gain from your episodes and I often share your work. Thank you for providing intriguing, entertaining, and educational content for everyone to enjoy and learn from. Keep up the excellent work!
@masonwilliams1810
@masonwilliams1810 3 місяці тому
“ how can you judge someone based on a reaction to a situation they’ve never been in?” what an amazing quote.
@RickMckee-nq4ni
@RickMckee-nq4ni 7 місяців тому
I am seeking some investment guidance. It seems like I am never able to identify trends, options always go against me, and I can't utilize scanners efficiently. I am looking for a simple reproducible passive income strategy that supplements my income and eventually replace my wage income.
@Andrian-ch3on
@Andrian-ch3on 7 місяців тому
While I don't consider myself an expert in this field, I'm sure you will find the expertise and support of an adviser invaluable.
@JacksonMiley-iq7mo
@JacksonMiley-iq7mo 7 місяців тому
I have $50,000 USD that I'm considering investing in the stock market. However, I must admit that I lack the knowledge and expertise in this area. does anyone have experience in this field, and I was wondering if you could kindly point me in the direction of your advisor or someone you trust for guidance in making informed investment decisions. Any help or recommendations you could provide would be greatly appreciated. Thank you in advance for your assistance.
@Andrian-ch3on
@Andrian-ch3on 7 місяців тому
You may Know Michelle Christine Parker but If you don't you may do some looking up and thank me later. She's been my adviser for the most part and it's been a smooth ride
@RickMckee-nq4ni
@RickMckee-nq4ni 7 місяців тому
Thanks a lot. I just googled her up.
@meganrichter9748
@meganrichter9748 7 місяців тому
If you want to be passive, an advisor or fund manager is the way to go. If you want to be a little more in the know about your options I'd recommend the textbook Essentials of Investment by Bodie, Kane, and Marcus. You can then ask an advisor about their experience with any of the strategies explained in the book to get a better idea of their real life application. If you have a low risk tolerance, go for stocks in the consumer staples index. These will have slow but consistent growth and usually maintain a stable price even during recession because consumers still need toilet paper and toothpaste even when the economy is down. If you want to take a more aggressive approach, a fund manager with years of experience and access to algorithmic data will be able to foresee upcoming opportunities a lot better than you as an individual investor with limited experience. Hope this can help!
@christianohaga4381
@christianohaga4381 3 місяці тому
I love the teachings of this guy. God bless you sir for your great wisdom.
@mousebr549
@mousebr549 2 місяці тому
Is it the sign of a good podcast the amount of times that you return to watch it again, or is it the knowledge that is gained? Once again Steven you have knocked it out of the park. Your work has done so much to improve the quality of my life. Thank you.
@SS-rv1mb
@SS-rv1mb Місяць тому
Yes, excellent work..I love the long form and no interruptions. Also the nuggets of information that cause me to reconsider an existing belief.
@CrisTina-tp2jg
@CrisTina-tp2jg 9 місяців тому
Not everyone buys a house for prestige. I live in a property that I own for a feeling of security and comfort in more ways than one. I lived in rental properties where the owner sold it from under my feet. I had strangers coming through the home I was living in. It was an inconvenience, to say the least. It came at a most inconvenient time when I had to put my energy into looking for another property to live in. So from then on, while renting, I was concerned that the owner may sell the property at any time. I hated the regular inspection of the real estate agent coming through where I lived. Owning my home I can have an animal at any point I choose to, whereas renting requires permission from a landlord who may not agree to it. In certain houses, the landlord won't even let you put a hook on the wall to hang a picture where a picture would belong. I can put my creativity into decorating my home, painting whatever colour I like and making adjustments to improve the function of the house. I am now mortgage free, and I am so glad to achieve my goal.
@NewWave-zl6wx
@NewWave-zl6wx 9 місяців тому
I feel the same. I hate renting and can't wait to get my own place.
@naomnumsa5142
@naomnumsa5142 8 місяців тому
Totally agree, I have been renting for 20 years and when I calculate money I have paid and not happy where I was its more half a million. I decided last year to buy my own stand to build its lots of work but never been more happier and for my family and future generations and I don''t owe anyone.
@sallygardiner7150
@sallygardiner7150 8 місяців тому
I would sooner choose to own my own home; than travel and stay in swanky hotels. I also have part ownership in a small city rental (no mortgage) and the rental return is more than I could make by otherwise investing my money on the stock market - which to be honest, I don't understand, and in the past have only made losses on my investments.
@johnwick6281
@johnwick6281 8 місяців тому
Well you can't keep renting a place forever lol
@sevensages5279
@sevensages5279 6 місяців тому
Not to mention in many states in the USA, rents are raised annually.
@llee8325
@llee8325 5 місяців тому
My father was a judge, Harvard Law valedictorian, 5 country clubs, had to have a new expensive car every year, new, while we often didnt have food on the table, and my mom had to go to work secretly (wives didn't work outside the home in our social class in those days). His obsession with status ruined his family, his mental health, and because those "things" didnt make him happy, he ended putting a bullet in his head. Things don't bring happiness, and he sacrificed every relationship he had...For "status".
@ellebee8476
@ellebee8476 5 місяців тому
Wow. My father was weird too. May they both rest... wherever they may be.
@dorisenga4701
@dorisenga4701 5 місяців тому
Wow. My kids father abandoned his 4 kids, including an 18 months old autistic child for his career. ( MD n PHD epidemiologist from Cambridge). Never helped us with a dim. Took every little money we had, left us in debts and has never helped us.
@CCTENG2022
@CCTENG2022 5 місяців тому
@@dorisenga4701 May God be with all the way with you and your kids .❤
@aurikap6900
@aurikap6900 5 місяців тому
Oh my..cause he didnt live an authentic life. His life was all for show( so sorry to hear this (
@krisfromabyss
@krisfromabyss 4 місяці тому
Only yourself can give you happiness. And the love of God . Nothing can fulfill your heart,only true love and compassion.
@PaulVensonsRch
@PaulVensonsRch 3 місяці тому
Just finished the podcast! So amazed and mind blown with this message from Ramit! Ive watched your Netflix series but daang, this one is different! We were never taught about financial literacy as young as we are really! so Thank you so much for teaching us this valuable lessons about money! Paul watching here from the Philippines!
@dianesmith7472
@dianesmith7472 3 місяці тому
I love talking about money and his first few sentences are bang on - !!
@iaf4454
@iaf4454 3 місяці тому
My grandmother taught me hese things when i was young. She said 1)never get into debt and never use credit cards 2) split your income in five and put money away for a)expenses (food, shelter, clothing transportation) b) invest in a small bussiness not stocks c) a dream you have, sth you enjoy d) education or new skill you want to learn e) save for a goal, what are you saving for? She was a great with money. But society and marketing tells you the opposite... that is why everybody is living in debt... or paycheck to paycheck
@justcurioushuman
@justcurioushuman 3 місяці тому
I had student loan that interest rates were lower then bank interest rates so I earned on it... We had small business that was waste of several thousand £, I earned from stocks... I have master degree and earned less then people who worked physically in our company. Over last 8 years we would already own half of the house that we now rent...
@iaf4454
@iaf4454 3 місяці тому
@@justcurioushuman getting a loan be in debt pay it off to have a master degree and being paid less than those who dont have a degree in the marketplace.... I dont see the positive thing here...that is sth that nobody understands, it doesnt make sense
@justcurioushuman
@justcurioushuman 3 місяці тому
Just reality of what you said as an advice... I actually earned on this loan if you read properly - about 3-5% over inflation. It's because some of interest rates were paid by government. I hadn't use these money - most of it I kept on term deposit. Education in Poland is free but it was a waste of time. I would earn during that time much more and probably learnt more... Would gain experience. @@iaf4454
@esb143
@esb143 Місяць тому
I think you’d really like the book “the psychology of money”
@ruess
@ruess 8 місяців тому
I’ve listened to him for years. He uses the “Don’t buy a house” thing, not because it’s necessarily true, but because it’s controversial and riles people up, which is how he gets people to follow and pay attention to him. It’s a brilliant marketing trick. The truth is that for many, a house is a good way to keep your rent steady, while for others, it’s not that helpful. The answer is it depend, but by taking a strong stake against buying, people will endlessly debate this idea in the comments of his videos, which the UKposts algorithm loves
@coreyschneider4041
@coreyschneider4041 8 місяців тому
Agreed. I like your “rent steady” comment. My friends who bought houses 15-20 years ago have mortgages of $1,000. While people who rent pay $3,000. Renting catches up to you and steals all your raises and disposable income.
@Andy-wo9bm
@Andy-wo9bm 8 місяців тому
Yeah well people are sick of “marketing” tricks and want real mentorship and honest advice, pass on this big stock fund management company poster boy.
@cybtb
@cybtb 8 місяців тому
​@@Andy-wo9bmThen read JL Colins, 'A Simple Path to Wealth'. You won't regret it.
@xXtdudeXx92
@xXtdudeXx92 8 місяців тому
Yea. He is a bit of a clown show
@daily23
@daily23 8 місяців тому
dudes... just listen till the end. He talks exactly about that and says how people misinterpret him. Starting at 1:33:20
@PrestigeWorldWide777
@PrestigeWorldWide777 Місяць тому
So thankful I was able to buy my condo in 2019. Renting in the same area would cost me $1500 more per month now and I wouldn’t have $350k in equity.
@stanleyfujiwara1394
@stanleyfujiwara1394 7 місяців тому
I buy small houses on large lots in towns where new houses are being built on small lots. Eventually the large lot will either be split or someone will want to build a mansion there. It’s always a “good deal/good idea” if it’s a good company/property etc. market fluctuations are just gravy.
@JosephineGaule
@JosephineGaule 7 місяців тому
Get your investments right before venturing into real estate, I leverage on the volatility of the market for significant returns rather than holding and loosing value to the volatility of the market I made my first mill from going diverse, mainly stocks, ETFs, few Cryptocurrencies and bonds. thankful to my now financial advisory Olivia Rene Reyes. It’s a long term plan for me so I invest and re-invest. about to purchase my second property ..she's the best in the business
@adamtennant129
@adamtennant129 7 місяців тому
An everyday millionaire. Well done
@ParishBlein
@ParishBlein 7 місяців тому
found her webpage by looking up her name online. Her resume is quite outstanding, I'll be writing a mail to her shortly
@harrisonkyunghee
@harrisonkyunghee 7 місяців тому
Very entrepreneurial of you
@tylerforeman667
@tylerforeman667 7 місяців тому
@@JosephineGaule She really seems to know her stuff. I also found her online page and read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
@apollard123
@apollard123 3 місяці тому
I listened to the entire video and learned so much. It was so informative no nonsense nuggets for a healthy successful life, I had to share. I wish I knew and was more serious about learning about money in my earlier life but it's never too late?❤❤❤
@mpink8907
@mpink8907 3 місяці тому
Amazing discussion, thanks so much Ramit!! I've never watched a video this long on UKposts before (I get distracted easily) but this was GOLDEN!!
@James_Sovereign
@James_Sovereign 9 місяців тому
Buying a house was literally the best financial decision I ever made. I bought it using the bank's money, it was cheaper to make the repayments than it was to rent, and the increase in value has been far more significant than any other asset class. No brainer.
@leerobbo92
@leerobbo92 9 місяців тому
Exactly this. It's a stupid oversimplification on their part which shows how out of touch these talking heads are. Yeah, paying more for something should be avoided where you can: but what's the counterfactual? Rent in the UK is fucking ridiculous, and it works out better to own. You'll be lucky to get a 2-bed flat for less than £2,000 a month in London, and if you do you probably have to deal with damp or appliances at the end of their life or some other building issue. Over 30 years that's £720,000, in today's money.
@happylucky7354
@happylucky7354 9 місяців тому
Exactly you can always sell the house at a profit but you can never get your rent back
@TheTexasTakebyMissVikie
@TheTexasTakebyMissVikie 9 місяців тому
Same I saved & paid Cash for my house now it is Worth OVER 100x more than what I paid for it Miss Vikie 🕊💖🕊 Texas USA 🇺🇸
@Cason40
@Cason40 9 місяців тому
@@happylucky7354 ALWAYS sell the house at a profit? Maybe. Owning USUALLY costs more than renting, and the difference between the two could be looked at as the "same profit" as when you sell the house. Owning comes with costs not associated with renting. Taxes, insurance, and costly repairs. Factor those in and a renter could possibly come out ahead of an owner. As he stated you just have the run the numbers but the overlying thing here is do what makes you happy within reason and according to your personal amount of joy.
@Sydwiz9999
@Sydwiz9999 9 місяців тому
you have to do what's best for you though!! for some people ownership might not make sense if they don't know what kind of life they may want for themselves years down the line, or if it's not a priority for them. it's give or take!
@Patriciabanks5
@Patriciabanks5 8 місяців тому
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
@KevinClarke9
@KevinClarke9 8 місяців тому
The US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look. My wife and I are retiring this year with over $7,000,000 in tax deferred investments. up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year.
@LukeMcfarlane5
@LukeMcfarlane5 8 місяців тому
Same here, 75% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.
@ritalorrigan
@ritalorrigan 8 місяців тому
Hello, I am new when it comes to investing and i would really appreciate if I could get some tips about where it is worth to invest in (ETFs, Stocks, Growth stocks, Dividend stock etc.)Please do you mind referring me to your financial analyst?
@LukeMcfarlane5
@LukeMcfarlane5 8 місяців тому
My advisor is Christine Jane Mclean, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@ritalorrigan
@ritalorrigan 8 місяців тому
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
@alexandrajuliette6899
@alexandrajuliette6899 3 місяці тому
The future belongs to those who believe in the beauty of their dreams. Success is a state of mind. I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mrs Lucy Mary Liam.
@emilymccord7063
@emilymccord7063 3 місяці тому
Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in November 2023
@reynaldo2447
@reynaldo2447 3 місяці тому
It's a miracle and I would testify, 110k bucks. every 4 weeks! I now have a big mansion and can now afford anything and also support God's work and the church.
@Westonmckennie943
@Westonmckennie943 3 місяці тому
I just withdrew my Profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
@wendierenard548
@wendierenard548 3 місяці тому
I have made more than 90K USD God bless Lucy Mary Liam God bless United Kingdom 🇬🇧
@giselastefan2180
@giselastefan2180 3 місяці тому
I'm also favoured financially, thank you Lucy Mary Liam $45,000 weekly Profit regardless of how bad it gets on the economy.
@jessicavazquez8299
@jessicavazquez8299 3 місяці тому
My first house was the best investment I ever made. After 6 years I sold it for almost 3x what I bought it for. Right now is probably a bad time to buy because houses and interest rates are insane, but I definitely think buying a house is a good investment. There's no way I would have been able to make that much money if I were renting. Rent prices were more than 2x higher than what we were paying on our mortgage every month. Now I honestly wish we had stayed in that house & kept accumulating equity.
@barrontrump3943
@barrontrump3943 Місяць тому
Got greedy
@user-skwe
@user-skwe 9 місяців тому
You should do a new video about MYSTICFLIP ! I really like you’re mellow delivery and you seem like you’re very knowledgeable. I watch lots of influencers and you always seem very calculated and know exactly what you’re talking about and understand it. You’re better at explaining complicated things simply, than any other person on youtube keep it up brother!
@emircanaydn2771
@emircanaydn2771 9 місяців тому
When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss MYSTICFLIP
@christophermbair
@christophermbair 9 місяців тому
DMV OVER HERE FACTS!!
@ItsBrandy93
@ItsBrandy93 2 місяці тому
My morgage is $750 a month.. renting in this area is $1500. And luckily in 9 years weve had no expensive house issues.
@shaneyg25
@shaneyg25 3 місяці тому
Steven asked the right questions !! Great interview, especially about the stocks
@akiyajapan
@akiyajapan 5 місяців тому
I bought a 200 year-old house in Japan for under $3000. Currently I live in it and am doing some DIY to renovate and eventually rent it out as a holiday home.
@ImaniOldPage
@ImaniOldPage 3 місяці тому
I love that. Were you from Japan originally?
@mr.clutch987
@mr.clutch987 2 місяці тому
Damn probably haunted too 😂😂
@johnmirandajm
@johnmirandajm Місяць тому
Did u have to be a japanese citizen to buy a house ?
@fluentinoverthinking
@fluentinoverthinking 9 місяців тому
Despite my young age I was always frugal with money (thanks to the financial traumas from the childhood). I was able to save up a cushion and quit my job just 3 days before the war in my country begun. Everybody was shocked how could I afford not working, support a family member and lots of pets for 6 months and not looking for another job. Even my ex-coworkers who had the same salary! Folks, it’s not magic, it’s discipline. But it’s also important to learn how to multiply money which is my next step and this podcast helps a lot. Thank you!
@txdmsk
@txdmsk 9 місяців тому
Most smokers smoke the value of 1-3 houses in their lifetime.
@TheSoof24
@TheSoof24 2 місяці тому
Thank you so much. This was very helpful and highly informative to me🙏 I feel happy I find myself recognizing i’m on the in positive mindset side about money! Its so enjoyable to watch these conversations on your platform!!Greetings from Leiden, Holland🍀
@dandelion6403
@dandelion6403 3 місяці тому
This podcast has started a burning in my stomach that made me extremely excited to get my finances in place!!!
@devonsmith3676
@devonsmith3676 9 місяців тому
I would love to hear Steven talk more about moving to a industry where your skillset is scarce. This small nugget has stuck with me. I would love to delve into that more.
@AdiKanda
@AdiKanda 9 місяців тому
Yes! And how to do that if you are not in a position to move to Dubai..
@christopheradderley6902
@christopheradderley6902 9 місяців тому
The gaps close quickly and without realising it, he’s touched on an observable economic reality. It’s not durable.
@John_Barratt
@John_Barratt 9 місяців тому
I purchased a house in 2014 and sold it 7 years later for a £66k profit. Ive put a large amount of the equity into a financial investment portfolio with my bank and its been down 2% since it went in. I also put some money into different shares based on warren buffets strategy and thats now up 18%. A friend of mine also lost about 30-40k on investing. You have to be very careful. I dont think theres a correct solution. Some house purchases do amazing. Follow your instinct and be sensible along the way while enjoying the few years we are on this planet!
@PurvisTwiggs
@PurvisTwiggs 9 місяців тому
You are not alone To keep up with rising cost we are beginning to see the equity of our home for what it truly is, Its becoming hard for us seniors not to ask the obvious question: Should we cash in, invest the money, and rent/relocate?
@sergiopawson
@sergiopawson 9 місяців тому
@@PurvisTwiggs Have you thought about keeping up with the whims of a Landlord? I am invested fully in the markets under a custodian who is a fiduciary to me and my beneficiaries. You should not sell your home with a good plan. That can only work if you are looking at investing under 5 years.
@PurvisTwiggs
@PurvisTwiggs 9 місяців тому
I know times are uncertain. I and my spouse are working on a ballpark estimate of $5M for retirement, and I have a good 6-figures each loaded up for this, if we sold our house you think we can do it in 5 years at most? I'm nearly 55.
@sergiopawson
@sergiopawson 9 місяців тому
Sincerely it's best to seek the advice of a stockbroker/fduciary right now, unless you're canny yourself.
@PurvisTwiggs
@PurvisTwiggs 9 місяців тому
@@TariqTrafficante can you refer me please, how can one get an advisor to work for them?
@mogulaid1711
@mogulaid1711 3 місяці тому
This episode was POWERFUL!
@TulshiCoach
@TulshiCoach 2 місяці тому
When you said buy the books, I breathed a sign of relief!!! 😂 I used to feel so guilty spending my money on books a few years back, but all of that knowledge will help one day. It's also helped me write my own!! Great podcast!!! 👍🏽
@franceshanna3724
@franceshanna3724 9 місяців тому
Rents in my city almost doubled this year. I'm so glad I own my home as I would not be able to rent in this city let alone retire here. It was tough at first but as my income increased the monthly repayments were a smaller proportion of my income and much cheaper than renting.
@finessingfinance101
@finessingfinance101 9 місяців тому
That’s fantastic, you definitely made the right choice. For most people I think buying property makes sense if you do it right and understand what you are getting into. There’s a reason a lot of wealthy individuals come from real estate. The opportunity is tremendous and real estate is one of the few asset classes that always trends up! 🙌🏻
@AnimatedLoopHD
@AnimatedLoopHD 9 місяців тому
The property tax in my area for the average home went way up, and is more than my yearly rent. So I'm happy I don't own a home. Investing in my ROTH IRA and business.
@shakenbacon-vm4eu
@shakenbacon-vm4eu 9 місяців тому
Everyone forgets. ‘Rents are so high!!’ I agree. But if it’s high, just move. Renting gives you so much freedom. Property tax and home insurance is super high? Uh oh now it’s really hard to move cuz you own a building, I mean house. Be sure to cut your grass or else the HOA will evict you
@sportstours24
@sportstours24 9 місяців тому
Every place is different. I don't even tolerate a10 percent increase per year.
@michelewuensch8468
@michelewuensch8468 8 місяців тому
Guessing investment groups are paying this guy to con us all into thinking we should rent.
@svenoliver6040
@svenoliver6040 6 місяців тому
This beyond amazing. Whoever’s reading this hope you find success.
@svenoliver6040
@svenoliver6040 6 місяців тому
I am fortunate I made productive decisions that changed my life forever through my finance mentor. I'm a single parent living in Bn Italy, bought my second house in April and hoping to retire at 40 next year.
@yung1448
@yung1448 6 місяців тому
curious on how to achieve success, got any??
@svenoliver6040
@svenoliver6040 6 місяців тому
To possibIy grow your finance, a mentor is needful to make it a reality. I engage in aIot with the ldeas of my mentor and so far have achieved so much already.
@svenoliver6040
@svenoliver6040 6 місяців тому
sear ch her fuII name beIow, if you care
@a-k9161
@a-k9161 6 місяців тому
BS lol
@LearnEnjoyRelax
@LearnEnjoyRelax 27 днів тому
🔥🔥🔥 thank you!! Need more videos like this!! Very detailed, with great accuracy and easy to follow along!
@jenlollygag6815
@jenlollygag6815 2 місяці тому
Ramit is so good at what he does... it's beautiful to watch
@ernestagyemang-botchway108
@ernestagyemang-botchway108 3 місяці тому
I have a bachelor in banking and Finance,and I never learned this all in my 4 yrs of college.Golden resource...thank you
@nuwunative928
@nuwunative928 3 місяці тому
Then why you go??? Time =money
@dillyfrank5562
@dillyfrank5562 3 місяці тому
There is no such thing as a banking degree lol
@poutine369
@poutine369 3 місяці тому
its so basic lol
@StrongestPar
@StrongestPar 2 місяці тому
@@dillyfrank5562 unfortunately there are. Just not from any reputable uni
@darlenemoragne-sheaff5794
@darlenemoragne-sheaff5794 5 місяців тому
'Run the numbers and never feel guilty about renting' Well said...and thank you!'
@raheeb1
@raheeb1 3 місяці тому
Until they keep raising rent on you as values and/or the landlord’s costs climb. Only salvation if the big bad govt steps in to shield you with price caps etc. But even that has a local cost to you down the road.
@kookoo9958
@kookoo9958 3 місяці тому
This is crap advice.
@dianesmith7472
@dianesmith7472 3 місяці тому
Love this interview- so needed for those who have lost control of spending and for those of us that continue to learn - money is a form of energy- wasting energy is never a good thing for our health
@familyreyes2312
@familyreyes2312 3 місяці тому
I am looking foward to listening to your show. Thanks
@Andreallln
@Andreallln 8 місяців тому
Recently came across your channel and I’m so happy I did. I listened to this whole interview and learned so much. I’ve purge book and the journal. My life has just got better and better. At this point, I'm still at a crossroad regarding whether or not to liquidate my $138k stock portfolio. What’s the best way to take advantage of this current market? Thank you!
@arthurworld9768
@arthurworld9768 8 місяців тому
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
@VanPelt54u7fcyde57
@VanPelt54u7fcyde57 8 місяців тому
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
@roberttaylor662
@roberttaylor662 8 місяців тому
Please, could you recommend the FA you work with? I could really use some help right now.
@VanPelt54u7fcyde57
@VanPelt54u7fcyde57 8 місяців тому
Big Credits to ''Pamela Helynn Kirchoff '' she has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Sharon has been a good guide through the year.
@roberttaylor662
@roberttaylor662 8 місяців тому
Thanks for this amazing tips, I found her webpage and booked a call session with her, she seems proficient.
@TheBlueskyson
@TheBlueskyson 3 місяці тому
I sold ALL my properties. What a waste of time accumulating and buying houses was. I completely misunderstood the method to gittin rich. Now i just rent and live stress free. The markets are everything to me now. HNY y'all. ty 4 vid.
@NineTwo_JQ
@NineTwo_JQ 3 місяці тому
??? May I ask why and how did you come to the conclusion
@TheBlueskyson
@TheBlueskyson 3 місяці тому
@@NineTwo_JQi listened to the money expert and not the actual research data or self education/life experience. u get me? ;)
@JossinJax
@JossinJax 2 місяці тому
@@TheBlueskysonI mean, by your comment seems like you’re still listening to the money experts.
@CG-uk1vz
@CG-uk1vz 2 місяці тому
Sounds less than smart to me. Unless you bought the wrong properties.
@MynameisJeff.4
@MynameisJeff.4 2 місяці тому
why?you can rent those properties such as air bnb.
@neniironman3827
@neniironman3827 9 днів тому
To be honest, purchasing houses were the best decision I have made in my life. Currently I owned 5 house (3 of which rent out), and some allocation in investments that I diversified in different portfolios of gold, silver, btc, alt coins, shares, unit trust and reasonable amount for upskilling (certifications and books). I have a job that i dont feel like quitting, i travelled overseas every year at least twice as vacation, and ensure every month my investments work for me. I'm proud of my decisions. So buy a house, find great location and have peace of mind knowing its money worth spent.
@lynclarke6184
@lynclarke6184 13 днів тому
Great video. Going to start a fund IMMEDIATELY. I love the questions Steven asks. M favourite retort was when he put Touk in his place.
@Lovethyself88
@Lovethyself88 9 місяців тому
This is so helpful, especially for those who immigrated to the US and don’t have parents educated in investing.
@thinkfloyd2594
@thinkfloyd2594 9 місяців тому
For the love of your god, don't spend a THIRD of your income on play!
@ferasu
@ferasu 9 місяців тому
I am a CPA/CFP and own multiple properties and worked with fortune 500s. There are very useful tips by the guest but also very dangerous tips to take at face value. The answer is always “it depends”. It depends how expensive the RE is in which location compared to the median income; how much your money is worth where you have decided to buy a property, but personally; nothing beats the peace of mind of not having a landlord. I will gladly pay 2 times more for that luxury.
@donnawright3523
@donnawright3523 8 місяців тому
$1000-$5000 every month to go into investment? Most people are struggling to put food on the table. Some have to choose between paying bills or eating. I think this is very out of touch !
@vitalitycontractorsltd4776
@vitalitycontractorsltd4776 7 місяців тому
I have a verity of options in London , please join London renters from 2000£ -100000£ per month, please don’t forget to register your guarantor… or proof of income-multiple by 3 … otherwise I won’t be able to rent a property for you 😢
@ChaniJRandazzo
@ChaniJRandazzo 7 місяців тому
@@vitalitycontractorsltd4776 Like this in Australia, too. Oh, you found a place you really like and you can (just) afford it? Maybe the garden you planted is just starting to come along. Too bad, the rent's going up by another $100 per week (on top of energy bills increasing by 28%). Say goodbye to the neighbours you've known for 3 years and pay to move everything ...again. Not only can my adult sons not afford to move out - *I* can't afford for them to go, either!
@drewjames8594
@drewjames8594 7 місяців тому
Land/property is Always the best investment in my opinion.
@srourfamily
@srourfamily 7 місяців тому
own a home is great !! borrow for travel and live below your "means@@@@@ enjoy your investments and dont pray that your stocks go up!!! mutual funds are great!!!
@alexpolicarpo4344
@alexpolicarpo4344 2 місяці тому
Bro I agree many of the stuff he says! But this guy is the most technical guy ever. I could never
@MrQuan2u
@MrQuan2u Місяць тому
this guy is very insightful, and hes sharing his knowledge.
@Alipromauyoutube
@Alipromauyoutube 9 місяців тому
Hey great story, please keep us informed of your journey. Just a thought, I noticed the book that got you started was written by Jared Martinez. Jared is known as The FX Chief, he owns a company, Master Traders Institute ( MYSTICFLIP )in Florida. I am sure he would appreciate your story.
@berenicedecastilla4980
@berenicedecastilla4980 9 місяців тому
The best thing I ever did Buying my house almost 20 years ago. Best decision ever instead of throwing my money away on expensive rent far more expensive. I dont pay any morgage since 15 years and it is such a luxury to have your own nest you can leave whenever and always have a secure place to come back to. It is a ki d if freedom as well. Be cautious with all this advices and personal opinion.I never met anyone regretting buying their house , it is always a good investment too.
@user-gh4dv8wj7s
@user-gh4dv8wj7s 9 місяців тому
I love how he explains that his message is not "Dont buy a house". Yet the Title shows "Don't buy a house" I love a lot of the interviews on this podcast. I absolutely dont like the click bait nature of the titles.But great interview as usual.
@CedesAF
@CedesAF 2 місяці тому
Wow that intro got me excited . I got my notepad ready!
@kavie1999
@kavie1999 2 місяці тому
This was an incredibly insightful episode, thank you!
@chrisdunn4385
@chrisdunn4385 9 місяців тому
This is worth an hour and a half of anyone's time, two inspirational men.
@TheStudioFreq
@TheStudioFreq 9 місяців тому
Agreed
@nnnnnn3647
@nnnnnn3647 9 місяців тому
Invest your whole life and die of cancer at 50 in a rented apartment. ;) okay, to the point. Invest and inflation and the government will take everything from you. governments will ban cash and introduce digital money. This advice was good 100 years ago, but everything has changed.
@africanboi4542
@africanboi4542 9 місяців тому
Great video! For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.
@kaylawood9053
@kaylawood9053 9 місяців тому
A lot of folks have been going on about a January rally and said stocks that would be experiencing significant growth these festive season, any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?
@bsetdays6784
@bsetdays6784 9 місяців тому
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
@cloudyblaze7916
@cloudyblaze7916 9 місяців тому
@@bsetdays6784 True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?
@bsetdays6784
@bsetdays6784 9 місяців тому
@@cloudyblaze7916 Having a counselor is essential for portfolio diversification. My advisor is Eleanor Annette Eckhaus who is easily searchable and has extensive knowledge of the financial markets.
@adenmall7596
@adenmall7596 9 місяців тому
@@bsetdays6784 Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2023 on a woodnote financially.
@maureenhalliwell1814
@maureenhalliwell1814 2 місяці тому
I've only just caught this video, thank you for sharing Richard. I totally agree with you here, I've felt this past few wks that I've been a slave to social media, youtube, various podcasts ect for the past 3 yrs, passing on information I've learned ect ect, its now time to get back to earth, and put into practice whats useful for our survival, get up, get out and enjoy the beautiful planet we live on. ❤
@table_tennis_fever
@table_tennis_fever 2 місяці тому
very good points about so many dummies not knowing all the hidden costs of owning a home , not just the obvious maintenance stuff, but the huge transaction, interest, and opportunity cost. I'm so tired of hearing less-smart people preach about real estate like it's a golden truth when they don't know much about it!
@Nernst96
@Nernst96 6 місяців тому
I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.
@trane85
@trane85 6 місяців тому
Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.
@hankmarks69
@hankmarks69 6 місяців тому
The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.
@Dannyholt33
@Dannyholt33 6 місяців тому
@@hankmarks69 I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is the professional that guides you?
@hankmarks69
@hankmarks69 6 місяців тому
Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. “Vivian Carol Gioia” is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
@CCTENG2022
@CCTENG2022 5 місяців тому
Scammers
@daveduffy2823
@daveduffy2823 9 місяців тому
This is your best episode yet. I sent it to my kids who are both in their 20’s. Marriage isn’t the most consequential decision that affects finances, it’s children.
@Vladyyy
@Vladyyy 9 місяців тому
Then you should send them the book as well. It's far more valuable, actionable and impactful than this. VERY easy to read/understand too.
@DS-vx3wf
@DS-vx3wf 9 місяців тому
don't reproduce should be the message. 🤣🤣 that would also help the planet a tiny bit. 8 billion+ people on the planet ffs...
@HazzyWazzey
@HazzyWazzey 9 місяців тому
I wouldn’t recommend sending the book - it’s overpriced junk and the all tips you can find online.
@haiderali-wn1sn
@haiderali-wn1sn 9 місяців тому
I was about to make this comment myself until I saw your lol
@zilanamini898
@zilanamini898 9 місяців тому
Åt dig 😊😊😊😊😊😊😊😅😊😅😊😊😅😊
@FiskBurken
@FiskBurken 3 місяці тому
Thanks to this episode I finally set up an automatic monthly investment, which I feel like I should have done earlier, so thanks!
@Riggsnic_co
@Riggsnic_co 2 місяці тому
I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.
@TheJackCain-84
@TheJackCain-84 2 місяці тому
Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
@martingiavarini
@martingiavarini 2 місяці тому
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.
@bob.weaver72
@bob.weaver72 2 місяці тому
Mind if I ask you to recommend this particular coach you using their service?
@martingiavarini
@martingiavarini 2 місяці тому
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..
@bob.weaver72
@bob.weaver72 2 місяці тому
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@BM-qg7hl
@BM-qg7hl 9 місяців тому
Buying a house also improves quality of life. But it has to be done in financially responsible manner
@PabloDon27
@PabloDon27 9 місяців тому
So does living off of passive income from businesses, stocks paying 200 a month rent on a Island in Thailand or South America
@SydPeppa
@SydPeppa 9 місяців тому
Yes but it can also drain the hell out of you.
@crand20033
@crand20033 9 місяців тому
@@SydPeppa I bought a big house way about my ability to pay for it. Almost lost it many times. But I am now single, collecting social security, rent out 7 of the rooms and make 70K /year. Can't even spend all that.
@styell5404
@styell5404 9 місяців тому
But..how?😂
@PabloDon27
@PabloDon27 9 місяців тому
@@styell5404 won’t own anyway in 2030 own nothing and be happy
@MecksOnwenu
@MecksOnwenu 5 місяців тому
I didn't believe I was going to listen through this 1hour 38minutes and 21seconds video to the end! Its really interesting to have these types of conversation at least once every week, because financial literacy is the the true bone of existence with every other thing fleshing it up. Thanks for sharing...
@desertwalk4592
@desertwalk4592 8 днів тому
I love this interview. Full of wisdom and kindness. Plus actionable steps. 👏🏽👏🏽👏🏽🙏🏽