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.

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?

Biggest financial mistake I ever made was with my 401k. My company had a Roth 401k when my kids were in college, but I didn't actually start contributing until year 3 of the 6 years I had kids in college. Because I was helping them with expenses, I was entitled to the tax credits, so my effective tax rate was extremely low. That is the time you NEED to be in a roth! i still retired with about $360k in my 401k.

Financial literacy refers to the understanding and knowledge of various financial concepts, including budgeting, saving, investing, debt management, and more. It empowers individuals to make informed decisions about their personal finances, enabling them to navigate the complexities of money matters effectively. With financial literacy, individuals can plan for the future, manage risks, and work towards achieving their financial goals with confidence.

The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?

Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals.

This is nice. At least it confirms that it is really possible for people to make a lot of money from the stock market. I was flabbergasted by someone who said they made $49k in profit from the market every quarter. It blows my mind the level of expertise one must possess in other to make so much.

Great video. We are all seeking for 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 husband 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.

A 16 minute video clarified how I should act with my money better than any high school class I've taken.

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.

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market

Formal education will make you a living. Self-education will make you a fortune. - Jim Rohn

I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green and my retirement is edging closer by the day.

At the very least, I now grasp the concept of leverage. Creating

I’m 15 years old and I’m about to have my first ever job so this video taught me a lot. I wrote down a lot of notes and i want to learn so much mor.

This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.

I'm a 15 year old girl and I've decided that school just isn't going to teach me these crucial skills. I'm dedicated to teaching myself now because a promising and secure, fruitful future is something I want to build for myself.

This is what school should be teaching, not a formula to calculate a freaking shape.

I think everyone should learn this.

I'm 55 years and this video has inspired me. I was not financially literate and lost £'s I am now on the path of a financial paradigm shift, thank you

They should teach this in high school

Life is weird, beautiful experience when you step back and look at it. Grateful to be here with you all, working with a financial advisor could truly set you up in life. I’m delighted to contact a financial coach Rodger Michael Karl, earlier this year because while others were busy whining about the downturn I was busy cashing out from my investment, finally making over 7 figured for the first quarter of the year.

This is one of the best financial literacy classes I've ever taken :)

Both comprehensive and succinct. Super helpful! "Most people don't need an education to know how to spend more but it takes education, sacrifice, and character to learn to practice saving, goal setting, and budgeting."

I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?

I started this year, best decision ever!

Compounding interest is a great strategy. I hope interest rates rise to historical average to reward those of us who do the right thing and use this strategy. It seems to be taking forever. Meanwhile property prices are skyrocketing worldwide. I wonder if and when there will be a correction.

Fortunately, I had a college economics teacher that taught me a lesson at 18. That lesson was: for every huge, frivoluos purchase you make, you need to have an investment double it's worth, this doesn't necessarily mean you should always invest when you make a purchase, it simply means living within your means. Varied sources of income is wise and especially like i said, living within your means. Whenever you're about to make a huge, dumb purchase that doesn't add value think about taxes and how you get your income. I made $272k combined net last year and paid no Federal taxes with the help of my FA Olivia rene reyes.

The best education I have never had in my Life thank you for this video 🙏🙏🙏

This is really good financial education, very simple to understand

As an collage student taking Finance class this video really helped me on my homework for today

Thank you for shedding light on the importance of financial literacy. It's astonishing how our education system often overlooks this crucial aspect of life. We all need to take personal responsibility to educate ourselves and make informed financial decisions.

I love saving, now I am learning about investing.

Thanks from Russia! :) We don't have financial education almost at all.

Great content. Laid out perfectly and easy to digest and understand.

I will make a good decision on financial management.

Greetings from Brazil 🇧🇷 here in Brazil, unfortunately, most people are not instructed to have financial education, I myself am one of them but I am starting towards financial freedom ❤

This is a very interesting video, I leaned a lot on budgeting my income.

THANK YOU FOR THIS! Now let's share it with young learners!

Thank you for sharing this knowledge.

The biggest thing I learned from this video was 50% of investing is buying good companies at good prices and the other 50% is controlling your emotions when . market is moody.I realized that the secret to making a million is making better investment. I always tell myself you don't need that new car or that vacation just yet and that mindset helps me make more money investing.

Ideally, your asset should cover your liabilities.

I wish I seen this when I was 14 years old.

EXCELLENT OVERVIEW OF FINANCIAL CONCEPTS.

The person who understands how to leverage 'people ( skills and experience) 'and ' things 'he will surely going to be rich and wealthy. You gotta understand the concept of money how it works.

Very helpful video. The best way to learn about finances is to start early. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a great resource for teenage investors.

I am from India I am watching this video first time, it's sooo good Love from India 🇮🇳

11:35 never mind the pizza, they're wasting a ton of money on sunglasses

i have a debt for the morgage. at first, i think it's a stupid idea, and don't know how i will live my life, because my income was not so big when i signed the contract. BUt now i'm so grateful because i have my own property instead of spending my money to pay rent gradually. I pushed my self to live in an minimalism, and start saving even without particular reasons.

Thanks for your video and valuable tips. They help me become a more successful trader and improve my results.

This was very helpful!

I appreciate you for sharing such video with good content here and i will keep following you because you're the best.

Thank you for sharing your knowledge and ability how to manage financial aspects ❤

Investing in alternate income streams 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.

Thank you so much for this video. Super helpful and well-presented. Your time and effort is most appreciated!

Thank you, guys, so much for just being straightforward and so helpful! good stuff

If we all went up to the extent that financial education is important, especially at the first school age, we would have many more qualified people.

15 year old here. Learning for my future!

I extremely like the video, man. Very helpful and informative. Thank you very much. It is presented so well too. Great, positive work.

Wow wonderful to hear a Nigeria calling out

An asset is not something one owns but rather something that puts money in your pocket

I really wish I wasn't joking but I was diagnosed with ADD back in the late 90s. I remember at one point during my life I was standing right next to the wall and I was facing two different rooms side-by-side. I'm the left was a room that had a couch and a TV while the other room literally was full of books and one chair. I firmly believe to this day that if I had shows the room with all the books I would have been a completely different person today, but unfortunately I chose to choose the room that only had a couch and a TV. I hope you all know where I'm going with this! If I had shows the room that was full of books I would have been educated and insanely smart as well as fit and healthy. Unfortunately now I am morbidly obese and stupid, not to degrade myself, but because of my mental disorders life is very difficult for me. Please learn from me and educate yourself.

I love this video !!

Thanks for this info

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?

How can I make myself my more valuable to potential coworkers and customers , and how can I do my current job better, how do I spend the money going out. Money in must be greater than money out 50 bills and housing/40 paying off debt or saving/10 entertainment rule Maximize earnings through a budget Assets are what you own(habit forming) Save to build up assets

Also, remember if you have debt, pay it off as quickly as possible. When you pay debt you are no longer loosing ground, which in a way is a guaranteed rate of return.

Working with a financial expert could truly set you up for life. I'm delighted I was able to contact my coach Nicholas Elias Karim earlier this year because while others were busy whining about the downturn I was busy cashing out finally making over 370k only for the first quarter of the year.

Important lessons

I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?

generally super! Now I'm in a great mood for the whole day! thank you!:)

Thanks for this video

This is good information. However, if every time you "get a raise" it goes to "increased rent & other expenses," it gets discouraging, especially if you are constantly loosing ground due to inflation and rising interest rates.

Watching this to review our topic in practical research 1

Wow😍 Thank For This.

Basic, still a must know!

Live below your means, but within your needs

this formula is a great way to learn about you money

actualy this is very inportant for entrepreneur s and financial accountance s i think

Thanks for sharing this wonderful explanation

Credit cards are great if and only if you pay the statement balance every month and rack up the rewards.

Thank you for sharing financial advice

✌🏻😌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...

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?

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 like to listening things regarding financial education

Today it's not about return ON capital. Today it is about return OF capital.

Multiple of 10’s. 10x10=100x10=1kx10=10kx10=100kx10=1 million dollars

assets is whatever creates wealth to you, not take out wealth to you! Car, House and so on are usually not assets unless the generate more income then expenses!!

Very insightful video.

Wow great video keep up!

🌞 Great resource for financial education

Great video ❤❤❤❤

Now this is true education

बहुत अच्छा लग रहा है 🇮🇳

i should have lessoned to this 5 years ago

This is really inspired

Ok so here's what I've gathered from the video: Income - Money coming in. Distributor giving you money Expenses - Money coming out. You being the distributor, getting the things you need/want Tips : - Construct a financial budget - Spend less than your wage 50/30/20 Rule - Spend 50% of your monthly income (Bills, Housing), 30% of finances (Paying off debt, savings), 20% Things you indulge Assets - Stuff you own that has value Tips : - Set Up Savings account for emergency purposes - Diversify Investments. Don't put all your eggs in one basket Stock Market - A way of funding businesses in America that carries an appropriate risk and reward. Best way to invest in a small amount : Purchase index fund/ETF/Mutual Fund as it gets a broad exposure to many different companies than just buying an individual position Mutual Fund - a professional investment portfolio that pulls all sorts of investors who're looking to diversify their investments Index Fund/ETF (Exchanged Trading Funds) - Similar to Mutual Funds but are managed to match the performance of a particular group of companies such as Tech Companies, Consumer Goods Companies etc. Another example to better understand this is from the video : 7:45 8:49 Liability - Debt you owe I think this part is really important : 11:24 Let me know if I made any mistakes and if you want to mention another thing you've gathered from the video, I'd be happy to see it :)

Wow so interesting i well always be watching this so fantastic

Once a legend said “earnings make you wealthy not the savings.