Hey all! Really proud of this video, if you enjoyed it make sure to leave a comment and also scroll back up right now and subscribe. Seriously. I see you. Scroll up. Subscribe. Do it.
@JonnyZerep Жыл бұрын
I would subscribe again if I could 😅
@DianasReviews Жыл бұрын
Key insights 💰 Starting a Roth IRA early is crucial for maximizing potential contributions and building a larger stock portfolio. 💰 The Roth IRA allows for more aggressive investing to capture as much upside as possible, since gains within the account are tax-free. 💭 The lesson learned is that blindly following online methods for investment decisions may not always be the best approach, and it's important to tailor investment choices to one's specific circumstances and goals. 💰 "I'd rather take a shot at the most possible gains especially in a Roth IRA because all the gains that you're going to capture within that account are going to be tax-free at the end of the day." 💼 Understanding your own investing style and risk tolerance is crucial for building a personalized stock portfolio that aligns with your goals and preferences. 📚 Researching and understanding the different types of investment accounts available, such as custodial accounts for kids and self-employed plans, is crucial in determining the best option for individual needs. 💡 "If I could do it all over, I would probably aim to increase my saving and contribution rate to closer to 10 to 15 percent of my gross." 💰 Starting early and investing in a low-cost S&P 500 Index Fund can lead to better financial outcomes compared to the average in the United States.
@Missyou-. Жыл бұрын
How would you start from zero in your 40’s?
@ALZ1998 Жыл бұрын
Thanks for the great videos. I understand that it's important as one gets older to move their portfolio allocation gradually from more aggressive investments like stocks to more conservative investments like bonds. What is the strategy for doing such a gradual transition? Would it be just by contributing more to the conservative investments gradually or would it be selling off the more aggressive holdings and using the earnings to purchase more conservative holdings? Would love to get a video about this!
@vinhdoan6851 Жыл бұрын
@@JonnyZerepoppo
@HugoBergmann-lu4nd2 ай бұрын
I admire your dedication to educating your audience. We all aim for financial stability and a better life. Achieving this is possible through wise investments, frugal living, and careful budgeting. I'm grateful that I learned the importance of working hard for financial freedom at a young age.
@StacieBMui2 ай бұрын
In my opinion, making a smart investment is not only a technique for earning passive income, but also a profitable way of saving for future expenses. People who fail to make the proper judgments early in life often come to regret it later in life. Nonetheless, investing alone can be difficult and risky. As a result, I recommend obtaining an expert’s assistance. The challenge is not just watching videos and reading investing books; it is about implementing information effectively.
@Wellerpage2 ай бұрын
I wholeheartedly concur, which is why I opt to entrust the day-to-day decision-making to an investing coach. With their specialized knowledge and extensive research, it is highly unlikely for them to underperform. Their expertise is centered around harnessing the asymmetrical potential of risks while also employing measures to safeguard against unfavorable outcomes. I have been collaborating with an investment coach for more than two years
@JerryOrion2 ай бұрын
My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor.
@Wellerpage2 ай бұрын
Sharon Lee Peoples is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
@lolitashaniel23422 ай бұрын
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
@Kenneth2341419 күн бұрын
Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
@Christian6733719 күн бұрын
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to my FA, my portolio is doing really great and im proud of the decisions i made last year.
@Damon432419 күн бұрын
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks..
@Alden45719 күн бұрын
How? What does one do if they have a 100k$?
@Thomas4321119 күн бұрын
I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.
@Damon432419 күн бұрын
Aileen Gertrude Tippy 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..
@MasonKalair3 ай бұрын
I started investing in stocks at 18, grew portfolio to $600k by 33. Recently, lost over 30% and want to mitigate risks. Also, planning to buy a home soon and want portfolio to grow. What should I do?
@rrandd03 ай бұрын
Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and i am interested in investing in stocks.
@rrandd03 ай бұрын
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.
@glasshalffull29303 ай бұрын
*** SCAM ALERT *** be sure to choose a financial advisor based on a fake KZfaq tip!!! 🤦♂️🤦♂️🤦♂️
@pianomangabe Жыл бұрын
Always appreciate your videos, you're like the smart investing dad that I never had. Always good advice when it comes to financial literacy.
@humphrey Жыл бұрын
Love you son.
@raycarson8818 Жыл бұрын
A hot one 😉
@kurniawanms2 Жыл бұрын
If I can start over, it will be QQQ 25% SCHD 25%, VOO / FXAIX 40% & individual stocks 10%
@ryebread4476 ай бұрын
How long you been at it?
@jot54455 ай бұрын
@@ryebread4471yr
@dylanmoris621111 ай бұрын
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.
@LionTowercoporation11 ай бұрын
I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns.
@williamsbrown402611 ай бұрын
@@LionTowercoporation Who is your financial coach, do you mind hooking me up?
@williamsbrown402611 ай бұрын
@@LionTowercoporation Thank you for this Pointer. 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.
@TheTurdballs420 Жыл бұрын
100% VOO and chill. Good luck beating it
@Jspath3 Жыл бұрын
Media today is encouraging short-term greed, most people will lose. Simple safe long-term investments are hard to beat
@jimshoes Жыл бұрын
considering voo is carried by 7/500 stocks it seems reasonable to be able to beat it by just investing in those 7
@youtubesucks8024 Жыл бұрын
Word. 100% VTI right here
@ProfessionalGasLighting Жыл бұрын
@@jimshoesjust looked at the etf performance and it’s not always the same companies that carry the s&p 500 value. Trying to guess which sector inside voo is going to perform the best is the equivalent of individual stock picking, which statistically yields lower returns. Also buying into the stocks that have dropped in price is essentially “buying on discount” so if McDonald’s or coke saw a loss in one year, doesn’t mean they won’t regain that value long term, whereas value investors would say the already high priced stocks that yielded past returns are now intrinsically overpriced and will most likely face market corrections according to the “efficient market theory”
@yepp1972 Жыл бұрын
Why not VWCE?
@CaptainFrandy Жыл бұрын
Great video, I just started my first Roth IRA yesterday(I’m 27), using this knowledge going forward. Thank you
@benjamindavidson22 Жыл бұрын
“There’s more and more of a concern that incoming data is revealing that the Fed might be a little bit behind the curve than maybe they expected heading into this year,” said Bipan Rai, North America head of FX strategy at CIBC Capital Markets in Toronto. In my portfolio, I'm noticing more red than green. How are other people in this market raking in over $350k gains within months
@suzannehenderson5 Жыл бұрын
For retirees and those close to retirement, I believe it's particularly challenging. All those years of labor only to lose it all to a problem you weren't responsible for, my regrets to everyone retiring during this time.
@frankbarnes22 Жыл бұрын
You will need a strong FA to help you through the current market turmoil. I've been talking to a coach named Dawn Maureen Humphrey for long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.
@emiliabucks33 Жыл бұрын
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 you help?
@frankbarnes22 Жыл бұрын
The adviser I'm in touch with is Dawn Maureen Humphrey She works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
@emiliabucks33 Жыл бұрын
I'm literally holding onto straws right now, so your tip couldn't have come at a better moment! I plan to call her after doing a quick internet search for her.
@linksdf Жыл бұрын
I made the same first mistake, and started at the same time although i'm not sure most people would even be able to max it out or come close to it from 18-24 bc of school I've been maxing it out and putting it in safe investments since i started. great video humphrey, this is education that they don't teach in school unfortunately (at least my school)
@humphrey Жыл бұрын
Thank you! As long as you are contributing now thats a positive thing, most people dont even do that!
@castoner Жыл бұрын
My mistake was investing in a Target Date fund in my 401k instead of just going Large Cap. Especially after the expense ratio for the TDF increased. They always say diversify but when you're young and have decades left to retire you should be as aggressive as you can. Also, not contributing enough to my companies after-tax option and later Roth 401k.
@coryjohnson2486 Жыл бұрын
I’ve thrown a couple hundred bucks at a few different stocks (through my Fidelity account), but I’ve never really studied the stock market… nor do I really know where to start. I’m 36 now, so not exactly a young buck 😬… but this is the type of video that I really needed to see. Thanks man 👍🏻
@thedeadpoet000 Жыл бұрын
1. Buy the whole market ... That's it really
@Jekyll_Island_Creatures Жыл бұрын
Read "The Simple Path to Wealth" by JL Collins.
@coryjohnson2486 Жыл бұрын
@@Jekyll_Island_Creatures I will!
@brandonhuebler32929 ай бұрын
Go browns
@LanceyRoche Жыл бұрын
One thing i can say that helped me in life to reach my first million was starting early and avoiding debt, i got curious and informed i became open to passive income, investments in equities , etfs and the likes. also sought help to handle my portfolio which was my foundation. i'm ever grateful to Lisa Rosa Cavanagh my FA.
@stephmeldrich6765 Жыл бұрын
what sort of portfolio did you begin with ?
@LanceyRoche Жыл бұрын
@@stephmeldrich6765 A diverse 60/40 stock/ bond portfolio alongside the S&P500etfs is generally my ideal investment to hedge against inflation for the average investor, it provides safer returns.
@larryronhartfield55 Жыл бұрын
impressive! love the strategy
@harrisahmed306611 ай бұрын
I googled the lady you mentioned, and left a mail after going through her credentials. I'm willing to make consultations to improve my portfolio
@glasshalffull29303 ай бұрын
*** SCAM ALERT ***. Only a fool would choose a financial advisor based on a fake KZfaq tip!🤦♂️🤦♂️🤦♂️
@ongaga9 Жыл бұрын
This was really good! Thank you very much!
@FirinMahLazer1 Жыл бұрын
I still don't agree with retail investors holding individual stocks in retirement accounts even though you made some very fair points. It's all good if you have some money to play around with and you want to roll the dice but I feel like a Roth account should be a more tried and true portfolio like the 3 fund.
@red2rad384 Жыл бұрын
15-20 years is considered close to retirement? Making me feel old haha. Another great video thank you
@TerryCollinsP31Lifestyle6 ай бұрын
That’s a great point in tip #5: I like to recommend 20% and that is with total contributions across the board.
@drew7272 Жыл бұрын
I started my Roth this year and started off too conservative too but realized it and now my biggest holding is Apple.
@TerryCollinsP31Lifestyle6 ай бұрын
I like the way you define young and older.
@TerryCollinsP31Lifestyle6 ай бұрын
#2 Also a good one. Get and CONTINUE education. Action will give you a higher risk tolerance because you will have experience
@TerryCollinsP31Lifestyle6 ай бұрын
Good Morning Humphrey, Thank you for this video.
@zionfoster8219 Жыл бұрын
Im not sure how old you are but I think it’s a good amount of time until you reach 59 1/2 why are you going into a muni bond fund (something that is supposed to tax relief, especially in a tax free earning account) ?
@timothychang6475 Жыл бұрын
great stuff as always :)
@humphrey Жыл бұрын
Thank you! Cheers!
@gatorhomie21 Жыл бұрын
Hi Humphrey. Great video. I'm 27 years old and just like you, started investing right around age 26. I plan on maxing my Roth IRA every year (explicitly tracking FXAIX) My Roth 401k is currently a 2060 Target Date Fund. It's done great for me so far but judging how the other TDF's do the closer you get to retirement, I'm contemplating switching to a Large Cap Total Stock Index or US Stock Index (401k Doesn't offer FXAIX). The switch wouldn't happen for 8-10 years which is when I'm guessing the account will start to become a little more conservative for my liking. The new RMD laws make it seem even less risky to buy and hold index funds. Thoughts??!
@humphrey Жыл бұрын
i think thats a solid plan gatorhomie, great choice imo
@cherylkeys12847 ай бұрын
Excellent video. I have been investing for 40 plus years and have not seen international stocks/funds/etf’s work out in that time. They have routinely underperformed the US market. Target date funds sound great but they vary greatly and one should do their research before choosing one.
@dwalker5175 Жыл бұрын
Outstanding advice. Totally agree with everything you said!
@StudentOfTG Жыл бұрын
Great video, although is it possible if you could upload a short explaining what bond is since that’s still confusing to me.
@humphrey Жыл бұрын
yes I can, Ill add it to my list!
@StudentOfTG Жыл бұрын
@@humphrey Thank you!
@Zaerki10 ай бұрын
For a Roth IRA, probably another good idea to concentrate real estate holdings in there too. Part of a well-balanced portfolio, real estate that throws off regular income can be shielded from the taxman in a Roth IRA. Something to at least consider.
@timm1583 Жыл бұрын
Wishing I could go back too. But 90% of my individual holdings is tsla and its not in roth 😂
@socalsurfer6859 Жыл бұрын
I wish you good luck but this is so insanely risky. Your literally risking your whole retirement on one highly volatile stock.
@timm1583 Жыл бұрын
@@socalsurfer6859 no, to clarify this is a large percentage of individual holdings of stock. Most of my total holdings are not in individual stocks but in low cost funds . But I should have purchased in Roth cause when I move out of that holding I'm looking at tax
@WeAllWeGot333 Жыл бұрын
Crazy
@NOMRTSL Жыл бұрын
Such a great video! Thank you
@humphrey Жыл бұрын
Glad you enjoyed it!
@TDARazor Жыл бұрын
this video is helpful, thank you!!
@DJSNAV Жыл бұрын
Individual stocks are fun if you want to gamble a bit. But let's be real, by definition, the average person (or trader) can't beat the market in the long run. People also underestimate how much those fund fees cost them over the long run.
@WeAllWeGot333 Жыл бұрын
No
@TerryCollinsP31Lifestyle6 ай бұрын
Thanks for sharing. Sharing the no more than 5% in one singular holdings. I hold 25 positions. I want to touch on this video with Warren Buffet: Berkshire Hathaway’s portfolio generally has over 50 positions.
@wangchuktsering291811 ай бұрын
Awesome videos. Greatly appreciated. Thank you.
@humphrey11 ай бұрын
Glad you like them!
@nickythao34348 ай бұрын
At 23 year old in my Roth IRA, i hold SCHD, VYM, HDV. Why divided stocks, because growth stocks is tanking.
@kevinadedokun Жыл бұрын
Well put together video @humphrey! I recently changed my investment strategy in order to reduce (over)diversification while becoming more active in hand picking my portfolio. What gave me a boost in funding was doing a few trustee-to-trustee transfers from old 401(k) accounts to a separate Rollover IRA
@lizardmilk Жыл бұрын
The order of contribution I would suggest is: Maximize 401k match Maximize Roth IRA Maximize HSA The max your 401k if it’s Roth. Then your brokerage or traditional 401k if your company has great low cost funds. funds.
@ryebread4476 ай бұрын
Why hsa before 401?
@lizardmilk5 ай бұрын
@@ryebread447 because you want to maximize your matching first. And most HSAs come with company matching. So that’s free money. Also, HSA is triple tax advantaged, unlike a 401k. So maximize your 401k match first to get that free money. Then maximize your Roth IRA. Roth IRA will not have the fees of a 401k. Then your HSA to get the HSA match. Then everything you can back into 401k Roth. All that above maximizes your tax advantages. Anything else you can afford then goes into brokerage or whatever other investment you prefer.
@wilsonstein3d799Ай бұрын
Love your content - I haven't watched all of your videos, so if you've already posted something like this, please feel free to ignore. Would you be able to provide advice for those who've had less-than-ideal circumstances, and find themselves having to start over in their 40s?
@Bangpaulxu Жыл бұрын
Really great video!!!!
@Tim_Weng Жыл бұрын
I started three years ago with a Roth IRA at 19 years old, I think my biggest mistake was using a robo investor in Betterment and only putting money in, which I actually lost money with.I would’ve been better off with fidelity and just bought Index funds myself
@JamesSmith-bx4zr11 ай бұрын
Thanks for the great content
@daisyreinacher50228 ай бұрын
Great job!
@Charester4 ай бұрын
A bit late on the video, hope I get an answer, do you think Roth IRA is a good idea if you plan to retire and leave the US in the next 10 years?
@Ace-ht1is7 ай бұрын
Do you recommend just staying on target date funds instead of touching it and moving it around investing in large cap, large cap index fund international, small cap funds, etc? I am 35 and putting 1,000 a month into my 457b.
@leomusic18805 ай бұрын
Can you demonstrate how to buy the stocks for the Roth portfolio? I’m not sure if I did mine right.
@hubbiemid6209 Жыл бұрын
how about not betting on stocks and just following a simple 2 fund portfolio no bonds?
@humphrey Жыл бұрын
also good 👍
@leftysidewinder Жыл бұрын
Roth gains are tax free, but Roth losses are not deductible
@zorabright7646 Жыл бұрын
Thank you so much for your advise. I am from UK England. Please can you advise me on how to build a stock portfolio. I am retired and have a bit of savings. Any help with be highly appreciated.
@sujanahamed978111 ай бұрын
I bought schd, vym, vti, fdvv, dgro
@faz0378 Жыл бұрын
Any reason you prefer a Roth IRA vs a Roth 401k?
@gigilaroux762 Жыл бұрын
A Roth 401k is a Roth savings acct thru an employer retirement plan and it bypasses the wage income limits that a normal Roth would hold you to. But you could have/start/fund a normal Roth for many years and then get a job that has a Roth 401k plan and if you make more than the income limits you could do the Roth 401k instead of the regular one. But the federal limit you can contribute each year I believe is the same limit as the other one.
@mateojimenez5905 Жыл бұрын
Could you give tips on how to understand what is moving the market everyday? Any good newsletters or websites for those that are more inexperienced?
@angelasoWA7 ай бұрын
Hi Humphrey, if you were 10 years from retirement and not old enough for SS, How would you be investing? How aggressive would you be?
@o0usf0o Жыл бұрын
my roth is basically all growth etfs.... got 25 years to let it compound
@GetAwayWithBK Жыл бұрын
Are target date funds worth it for the fees?
@cheezytacos4 ай бұрын
Anyone have thoughts or opinions about using a target date fund for my ROTH IRA? Vs investing in specific index funds ?
@JohnJohn-nt9mf Жыл бұрын
in my ROTH i got SCHD, VGT, COST, AAPL, NVDA and VICI
@jiyadavi Жыл бұрын
I'm looking for growth, dividend, and cheap to hold like SCHD...but in the S&P 500. I currently have 230K in SCHD (adding 7,500 annually into a ROTH forever) and just starting a position in QQQM when it comes back down to earth. Interested in a 3 fund ETF strategy... thoughts?
@inthebellyofthebeast69107 ай бұрын
On your investing chart. Would index funds be considered the same as ETFs? If not which is better and why/
@michaelwillis59294 ай бұрын
What if your roth IRA is a retirement portfolio? Can you change it to a risker one?
@mydoan986411 ай бұрын
I just opened my IRA account couple weeks ago and don't know much about it, I'd been watching ur video to learn more, Is traditional IRA account and Advisory IRA account is the same? On my bank showing two different accounts, and Advisory IRA tax deduction too? Thanks and very appreciated you
@ChristopherAbelman3 ай бұрын
Major indexes booked their worst yearly performance since 2008 thanks to drivers like the recession, war, hiked interest rate and inflation which so far doesn’t seem to be easing off, so I’m left wondering what 2024 has in store for us investors, I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy or do I wait?
@PennyBergeron-os4ch3 ай бұрын
Starting early is simply the best way of getting ahead to build wealth, investing remains a priority. I learned from my last year's experience, I am able to build a suitable life because I invested early ahead this time.
@HildaBennet3 ай бұрын
I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for the untrained eyes to see. I have made more than 350% through my estateplanner(fa) by alternative investing. The portfolio comes with perks as well.
@FinnBraylon3 ай бұрын
Mind if I ask you to recommend this particular manager?
@HildaBennet3 ай бұрын
Don't be hesitant to contact Sonya Lee Mitchell and follow her directions.
@FinnBraylon3 ай бұрын
It's good you make your own research. and make sure whoever you work with is licensed n verifiable with a repute, this Sonya looks the part but i'd do my due diligence. I set up a call, thanks.
@caleb6771 Жыл бұрын
Great video
@kylec.627 Жыл бұрын
Could you talk a little bit about the income limits (MAGI I think I read) for Roths?
@josephsaeteurn9158 Жыл бұрын
i wish i have that problem..income limits...
@oOBlahBlahOo12345 Жыл бұрын
And the income limits for traditional IRA tax credits
@alrocky Жыл бұрын
phase out range: $138k - $153k S; $218k - $228k MFJ. If over income limit you may *back door* Roth IRA.
@DV-lh2ov Жыл бұрын
Why would you put municipal bonds in a roth ira instead of in a taxable brokerage acct?!!!
@alrocky Жыл бұрын
@ 5:13 It's another mistake as there's no strong reason to hold municipal bonds within Roth IRA.
@DV-lh2ov Жыл бұрын
@@alrocky Folks in the market with decent income between 2012 and 2022 are lucky guys. They can't mistake that for their wisdom and share it on YT like they knew it all.
@MichaelCarrPilot11 ай бұрын
Why do most advisors or other finance channels not discuss HSA investing?
@SugarStars Жыл бұрын
what are good companies to get roth IRAs for self employed?
@ianscianablo8507 Жыл бұрын
Hey Humphrey. Love your wonderfully informative videos. I'm starting my new job in 2 weeks. But I'm NOT that far away from "retirement" and I'm starting my first ROTH IRA. Is that fund protected, in case I get hit with huge health care bills in the next few years? Do I have to classify it as "retirement" fund and not touch it? Even after retirement age? Afraid if I get sick and health care costs demand I raid the account? I'm starting my ROTH IRA VERY late in life but I do NOT want to touch it! Thank you Humphrey.
@matthewholliman1399 Жыл бұрын
Why do you consider real-estate to be more risky?
@DV-lh2ov Жыл бұрын
Did you include the dividends from AT&T stock? Are those total returns? Hard to believe!!!
@yia01 Жыл бұрын
look like it just teh stock appriciation.
@RobVI Жыл бұрын
18 yo here, so glad I started funding my Roth IRA as soon as I legally could.
@josephsaeteurn9158 Жыл бұрын
you dont have to be 18..
@jonasbley26026 ай бұрын
Doesn't young and aggressive buying ETFs go against what Warren Buffet is saying? With ETFs, you are owning a lot of stocks. I'd say young and aggressive should be mostly individual companies?
@khari836374 ай бұрын
Do you mind sharing you graphics in your videos and links to reports?
@Curbalnk9 ай бұрын
The market is more volatile than ever. I've been holding cash since '20 pandemic crash, but just went "all in" bought up $250k worth of ETF's & individual stocks at discount, and hoping to average down on ailing companies, in order to achieve passive income and early retirement.
@ericdouglas93802 ай бұрын
How is 15-20 years “really close to retirement”
@hms37699 ай бұрын
Can I buy a municipal bond for a state I don't live in?
@Erinmills988 ай бұрын
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $540K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
@uniquenamebyme Жыл бұрын
Don't forget HSA ;)
@wilmerfroman167310 ай бұрын
Didnt T have multiple splits it would be more than 5000.?
@rokea3468 ай бұрын
VOO or FXAIX if im using a fidelity roth ira account?
@EE-hi4re Жыл бұрын
Woah, all of the investment lingo is like a different language.😂
@johnnn146 Жыл бұрын
What’s up man! Just a quick question, how do u feel about things like dividend etfs like SCHD?
@humphrey Жыл бұрын
SCHD is really good. It’s one of those funds you can go all in on I feel like. It’s one of the best funds out there
@AyeItsXander Жыл бұрын
Especially in a ROTH IRA account 🫶🏼✨
@dylanschang6386 Жыл бұрын
I have a bit of a unique demand for my portfolio - I will be allocating a certain percentage to a fund for a bankroll for counting cards in blackjack. I travel all the time for my job and don't actually work that many hours (performance-based pay), so plenty of time to spend in casinos and then move if/when I get too much attention. Counting cards is not cheating, completely legal, and guarantees an edge over the house given the right rules, so with enough hours and a big enough bankroll, you can mathematically lock in some pretty crazy returns
@Reduxy Жыл бұрын
I hate that my income is just over the Roth IRA limit. I also can’t back door since my job offers a Simple IRA. Stupid pro rata rule
@adarshramakrishna5096 Жыл бұрын
Would you recommend TQQQ or similar securities for younger folks who consider themselves aggressive investors ? If yes , How much percentage of portfolio should it not exceed ?
@moe-df9qx4 ай бұрын
i set my kid up with a custodial account shes 15 i have 3 index portfolio for her vtsax,vhyax,vigax currently split evenly 🤓 wish inwould have started hers same time as i started mine late 2022 hers is only a month old now😵💫
@00Dawggg Жыл бұрын
60/40 or 50/50 is wayyyy too conservative for those between 30-40 years old without children.
@yia01 Жыл бұрын
a lot of my friends who hitting theirs 40s this year are still 100/0 all stock/etf. most of us feel that 10-15 years should be enough time for any market crash to recover so most of us will be 100% stock/etf atleast til we in our 50s b4 we shift some into bonds to preservation mode.
@dumaouma Жыл бұрын
Do you still have fundrise investment?
@keijoonparas Жыл бұрын
Do people in the US get money from the government when they retire? In Finland we get a monthly pension that is proportional to how much money you made during your working life. Just wondering if all the talk about saving for retirement is about extra spending money or money you actually need to live.
@Draega007 Жыл бұрын
We have social security that we pay into by way of taxes from wages. You can start drawing from it at age 62 but they penalize you if you draw at that age so you might only get around $1000 a month give or take a few hundred. If you wait until age 70 you get the full benefits. But the way our government spends money, there probably won't be any social security in 20-40 years.
@yia01 Жыл бұрын
yea we pay into social security, 7.8% from us, and employer pay the other half, it usually come out to be about $1300 or more depend on much u put in. some employer will also have matching contribution 401k as well. so as a retire couple, u can get anywhere form $3000 or more monthly form social security, another $1000-$2000 montly from 401k ontop of ur other personal retirement account such as ira/rothira, taxable investment account and personal saving banking account.
@lizd.8655 Жыл бұрын
Any thoughts on the "modern" 3-fund portfolio? If I could go back, I'd do VTI/VGT/SCHD and just leave it at that
@humphrey Жыл бұрын
Yeah I really like that. The traditional 3 fund portfolio is still good but it just has too much bond exposure for younger people (especially when bonds were not paying anything), but these days its a bit better and the modern 3 fund seems way better IMO (for certain younger people)
@thomashuang8401 Жыл бұрын
Agree on SCHD being on there you need some good yield
@sagesends Жыл бұрын
SCHD currently pays ~3.5% dividends and basically trades sideways. Most money markets/CDs/high yield savings pay 1-1.5% more than that. SCHD is not a great investment.
@UhhhGerry Жыл бұрын
Whats your asset percentage for each etf?
@Defy_Convention Жыл бұрын
Schd is chasing yield the rebalance loaded up on altria, ford, 3m, dud stocks, has been flat since the rebalance
@parzival7779 Жыл бұрын
Can you update what is in your roth ira today? 😅
@obesia1873 Жыл бұрын
Weren't you a financial advisor back when you were asking yourself very basic personal finance questions? No shade. Still would put a ring on it
@humphrey Жыл бұрын
started the Roth IRA right around the same time
@mattinterweb Жыл бұрын
International stocks aren't necessarily riskier than US stocks. Emerging market stocks perhaps but major established economy stocks in UK, Europe, Japan etc I don't think so.
@WeAllWeGot333 Жыл бұрын
No us is the way to go
@hardlife507 Жыл бұрын
SCHD and chill!
@josephsaeteurn9158 Жыл бұрын
SCHD is down -3% YTD.. how much are you getting for dividends in the year to date? asking because i can get 900 shares all in or look for others and diversified..
@yia01 Жыл бұрын
@@josephsaeteurn9158 judging from last too dividend should be about 3.5% by year end for dividend. for short term trade, tech is great at the moment cause of ai hype but unless u sell and take profit, it kind of pointless since all those gain will be gone once market correct again.
@raffaelepiccini34055 ай бұрын
“I was learning more about investing because I was a financial advisor” Wait what? Shouldn’t you learn the basics before becoming a financial advisor? Lol
@stephenpotter21 Жыл бұрын
I've had a hard time trying to master the lesson of knowing the right time to enter the market. I have set aside $87k to go into this market, but I'm not really sure I have a clue how the market actually works.
@cloudyblaze7916 Жыл бұрын
You know the market is unstable this period. It is often advised to use a financial advisor, as you could protect your capital that way, while also making a lot of profit.
@Gunieapower33 Жыл бұрын
VXUS is only up 5% over 5 years…. Diversification makes sense but 5% over 5 years is not great .
@josephsaeteurn9158 Жыл бұрын
i dont have time for that..
@tomasarson Жыл бұрын
Microsoft. Apparently a bad or not mentionable investment.
@mbank383210 ай бұрын
Do you really wanna quote Kevin Oleary ? he promoted FTX which cause many people loss their money
@Jumpman67 Жыл бұрын
You can actually open a Roth IRA younger than 18 as long as you have taxable income.