Your commitment to educating your audience is truly admirable. We all aspire to attain financial stability and improve our lives. This goal can be achieved through smart investments, mindful spending, and prudent budgeting. I'm thankful for realizing the significance of striving for financial freedom from a young age.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
This is actually a pretty good video for basic financial literacy information. Well put together and should be easy to follow for the average person. Good job.
Bankruptcy is a legal process that individuals or businesses can undergo when they are unable to repay their debts. It provides a framework for financial relief and a fresh start. There are different types of bankruptcy, such as Chapter 7 and Chapter 13 in the United States, each with its own rules and implications. Bankruptcy can have long-term effects on one's credit and financial standing, so it's essential to carefully consider the decision and seek professional advice when facing overwhelming debt.
aw man i wanted to spend my 970 thousand dollars 💵 💵 on a new ps5 and xbox and a nitendo switch for my friend but i guess its too much money i guess i'll save my money for somthing i need like food water and stuff thanks i learned a lot
i am 21 and i have about 100k to invest but not really sure how or where to start. I want to build a good investment portfolio and have been looking at videos and doing research to be more educated. Where should i invest this for stable cashflow?
I've heard that index funds and ETFs provide diversified stock market exposure while spreading risk. I have over $800K in savings; What's the most effective strategy to allocate funds in my portfolio and generate profits?
just sold a property in Scotland 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.
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point.
People love to complain about taxes, yet turn around and end up giving credit card companies up to 30% of whatever they purchased. It’s like an added tax
Also remember that investing can wait until you finish paying off your debt. For the most part, investing doesn’t give you as much return as debt takes away. So you don’t come up on top that way. Pay off your debts or atleast pay off a significant amount before investing. Always start off with the high interest debts. If you have money left over WHILE paying your debt, good and great. Put that money to work through investing. But saving is as important as debt. Put away 3-6 months of expenses for a rainy day so you don’t always have to worry about what will happen if you lost your job. Always leave below your means, not above. Remember, no one was expecting the pandemic and millions of people lost their jobs and couldn’t come up with money for their necessary expenses let alone entertainment. Always track your expenses. It’s only when you start tracking expenses that you’ll know how much of unnecessary expenses you have. People don’t realize how much money they spend altogether in say a month through just eating out and buying 2 coffees everyday. These little expenses just pile up. You’ll notice that only when you start tracking your expenses. I know nerdwallet is an excellent app for that. And overall, be smart with your finances. Your future self will thank you.
A house and a car are not assets as they actively take money out of your account through your monthly mortgage payments, fuel, repairs etc. They're actually liabilities.
Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?
He lost me at "Asset=car" 🤦♂️ An asset is something that MAKES YOU money. like stocks, rental property, etc. Not just something you own. A car payment is what makes most people unable to build wealth. 🙄
✌🏻😌Great video. We are all seeking financial independence and a better way of life. This is not difficult to achieve with savvy investing, a frugal lifestyle, and cautious budgeting. I'm glad I learned early on to work hard for financial independence. As Warren Buffet said, he has seen this happen many times in his life. Not an investor, my wife and I never earned more than a middle-class salary. We plan to get retired at 58 with a stock portfolio worth $1.7M. We have never sold so much as one share of stock…
46 comments
Money doesn’t grow overnight, but with the right investments, it can grow exponentially over time.
https://youtube.com/shorts/wImS5FQpe7Q?si=tzvhIPb4LBUBycOG
I just got a new job as an Accounting Analyst II.
Your commitment to educating your audience is truly admirable. We all aspire to attain financial stability and improve our lives. This goal can be achieved through smart investments, mindful spending, and prudent budgeting. I'm thankful for realizing the significance of striving for financial freedom from a young age.
It's never too early to start saving for the future 🙏
Good shi
The first sentence you utter is already wrong… how can I expect the rest of the video to not be bullshit?
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
This is actually a pretty good video for basic financial literacy information. Well put together and should be easy to follow for the average person. Good job.
Bankruptcy is a legal process that individuals or businesses can undergo when they are unable to repay their debts. It provides a framework for financial relief and a fresh start. There are different types of bankruptcy, such as Chapter 7 and Chapter 13 in the United States, each with its own rules and implications. Bankruptcy can have long-term effects on one's credit and financial standing, so it's essential to carefully consider the decision and seek professional advice when facing overwhelming debt.
Atm. Student debt is the worst debt to have. The ROI is very low.
Thanks to give me education I'm from Tanzania
aw man i wanted to spend my 970 thousand dollars 💵 💵 on a new ps5 and xbox and a nitendo switch for my friend but i guess its too much money i guess i'll save my money for somthing i need like food water and stuff thanks i learned a lot
Say that again 😂
i am 21 and i have about 100k to invest but not really sure how or where to start. I want to build a good investment portfolio and have been looking at videos and doing research to be more educated. Where should i invest this for stable cashflow?
This is taught in school it’s called economics?
I'm not American
I've heard that index funds and ETFs provide diversified stock market exposure while spreading risk. I have over $800K in savings; What's the most effective strategy to allocate funds in my portfolio and generate profits?
just sold a property in Scotland 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.
The marine corp is making me watch this
The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point.
People love to complain about taxes, yet turn around and end up giving credit card companies up to 30% of whatever they purchased. It’s like an added tax
Also remember that investing can wait until you finish paying off your debt. For the most part, investing doesn’t give you as much return as debt takes away. So you don’t come up on top that way. Pay off your debts or atleast pay off a significant amount before investing. Always start off with the high interest debts. If you have money left over WHILE paying your debt, good and great. Put that money to work through investing. But saving is as important as debt. Put away 3-6 months of expenses for a rainy day so you don’t always have to worry about what will happen if you lost your job. Always leave below your means, not above. Remember, no one was expecting the pandemic and millions of people lost their jobs and couldn’t come up with money for their necessary expenses let alone entertainment. Always track your expenses. It’s only when you start tracking expenses that you’ll know how much of unnecessary expenses you have. People don’t realize how much money they spend altogether in say a month through just eating out and buying 2 coffees everyday. These little expenses just pile up. You’ll notice that only when you start tracking your expenses. I know nerdwallet is an excellent app for that. And overall, be smart with your finances. Your future self will thank you.
Thank you
Thank you
Thank you
Thanks for your video and valuable tips. They help me become a more successful trader and improve my results.
The correct way to say is
'Help differentiating you'
Not
'Help differentiate you'
This is my biggest problem I spend way to much smh and I don’t have any kids
Very insightful video.
I’m a high school student who has a part time job 😊
Credit cards are great if and only if you pay the statement balance every month and rack up the rewards.
“First one there. Last one to leave.” This is a big joke.
My school has financial literacy
My name is Joslyn Carmen Shakur
Huntington bank
As an collage student taking Finance class this video really helped me on my homework for today
A house and a car are not assets as they actively take money out of your account through your monthly mortgage payments, fuel, repairs etc. They're actually liabilities.
Watching this to review our topic in practical research 1
The narrator surprisingly sounds exactly like Veritasium's Derek
Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?
8:23
He lost me at "Asset=car" 🤦♂️ An asset is something that MAKES YOU money. like stocks, rental property, etc. Not just something you own. A car payment is what makes most people unable to build wealth. 🙄
✌🏻😌Great video. We are all seeking financial independence and a better way of life. This is not difficult to achieve with savvy investing, a frugal lifestyle, and cautious budgeting. I'm glad I learned early on to work hard for financial independence. As Warren Buffet said, he has seen this happen many times in his life. Not an investor, my wife and I never earned more than a middle-class salary. We plan to get retired at 58 with a stock portfolio worth $1.7M. We have never sold so much as one share of stock…
The basics of debt:
1. Don't have it.
2. See Point 1.
3. Profit. 😉
owning a house is a liability