How to Invest $1 Million | A Simple Strategy to Invest a Windfall

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Күн бұрын

How to Invest $1 Million | A Simple Strategy to Invest a Windfall ⛱
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0:00 How to Invest $1 Million
2:00 How Ryan Cohen invested $3.4 billion
4:04 Why investing $1 million is hard
8:50 How to invest a windfall
12:07 The Warren Buffett Portfolio
15:10 3 Fund Portfolio
19:34 Indvidual Stocks
23:26 Book recommendations
In today's episode, I'm going to answer a deceptively simple question. The question that seems hard, and it's really pretty easy. And it's this, how should you invest $1 million? Now, a lot of you may be saying, Rob, that's the last thing I need to worry about. I'm just trying to save $50 a month, or $500 a month, or whatever. It actually turns out to be, I think, a pretty significant question. And we can learn a lot about ourselves and investing generally, by asking this question and answering it, even if maybe it's not directly applicable to you right at this moment.
#1million #investing #windfall
ABOUT ME
While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.
I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (amzn.to/3by10EE)
LET'S CONNECT
KZfaq: / @rob_berger
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Twitter: / robert_a_berger
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.

Пікірлер: 540

@TheJackCain-84 8 күн бұрын

As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.

@kevinmarten 8 күн бұрын

I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, etfs etc It is important to seek the advice of an expert.

@Jamessmith-12 8 күн бұрын

Review your portfolio with a professional and don't make the same mistakes again. Diversify, as in your stock portfolio, and hopefully consult a professional. The key to building wealth is long term. I learned 30 years ago that you have to keep emotions (rookie) out of your investment decisions at all cost. Now, i've made over 800k in profits from my 350k investment.

@JacquelinePerrira 8 күн бұрын

That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?

@Jamessmith-12 8 күн бұрын

'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.

@JacquelinePerrira 8 күн бұрын

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

@JanineJ.Cromwell Ай 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!

@WyattSmith-v Ай бұрын

Although the stock market is continuing rallying, there is a risk of reversals in the key indexes, sectors, and top stocks in particular. I advise you to consult a broker or financial counselor for advice.

@JimmyA.Alvarez Ай бұрын

It comes down to technique; a downtrend gives you room to focus on the market and grow significantly in the short or long term. While it is easier to make money when the market is rising, a downtrend can still yield high returns if you have the necessary knowledge and skills. For this reason, I have been scaling up during this difficult period by working with an investment advisor; this has been the only way I have raised up to $150K in the last six months.

@BeverleeR.Ziegler Ай бұрын

That's impressive, have you always had guidance?

@BeverleeR.Ziegler Ай бұрын

Please educate me, i'm willing to make consultations to improve my situation,

@JimmyA.Alvarez Ай бұрын

I've had majority of my holdings in ETFs, tech stocks and I've had 45% increase in my portfolio, especially with Nvidia P/E (price to earnings ratio) adding few others, personally, coach Jennifer Lea Jenson take good care of my holdings.

@NicholasBall130 Ай бұрын

Investing in mutual funds offers a structured and diversified approach to building wealth, managed by professional fund managers. While there are costs and some limitations, the benefits of diversification, professional management, and ease of access make mutual funds a popular choice for achieving a variety of financial goals.

@StocksWolf752 Ай бұрын

ADBE, VWINX and FSPGX are all still good buy, but what do I know I’m not a financial advisor lol

@StacieBMui Ай бұрын

Exactly, I used to doubt the value of a financial advisor until my wife's company assigned her an investment adviser in 2020. Honestly, it’s been the best financial decision I’ve made. It helped tremendously; I went from barely making any profit to having a well-diversified portfolio that has grown significantly, with gains exceeding $850k.

@cowell621 Ай бұрын

I’ve been worried sick about the current state of my portfolio, who is your advisor?

@StacieBMui Ай бұрын

Sonya lee Mitchell is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@crystalcassandra5597 21 күн бұрын

I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you

@rrandd0 Ай бұрын

As a nurse and part-time real estate agent with $330k saved, I'm keen to invest in the stock market to combat low bank returns and guard against inflation. How can I build a solid portfolio?

@OffGridandOutdoors Ай бұрын

Go to the Bogleheads Forum and learn their ways

@lisavrzalik1312 24 күн бұрын

What is her name please

@MetaversalSouljah 18 күн бұрын

Put 1/2 in bonds and the other half in aggressive tech ETFs, and don't touch it. Look up ticker SMH and Even if it goes down like it did for a couple of years in the past 5 years, it will recover. Just don't touch it. And anybody would be a fool to invest in NVDA stock outright. Even as that company grows to be gargantuan, it will still no doubt return 25%+ a year for the next few... No one is touching them in the AI sector. I had a windfall of $1.2m and this is exactly what I'm doing.

@Davidstowe872 5 ай бұрын

Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

@patrickbrussels4454 Жыл бұрын

Ensuring the protection of your capital holds greater significance than solely focusing on making money. This is primarily because once your capital is lost, the process of generating profits becomes significantly more challenging. It is comparable to the notion of "missing the train" versus the irreversible consequence of "losing your money." While there are various opportunities available, once your funds are depleted, it becomes exceedingly difficult to recover.

@jessicasquire Жыл бұрын

Wall Street advocated for quality stocks that boasted high profitability and low debt, positioning them as a form of insurance against economic uncertainties. However, these quality stocks have underperformed the S&P500 index this year. As a result, my portfolio, valued at around $200k, has experienced a decline of approximately 20%. I am seeking recommendations on how to enhance my investment returns and scale up my portfolio.

@Lemariecooper Жыл бұрын

@@jessicasquire The reality is that nobody possesses absolute knowledge in the world of investing. Therefore, it is crucial to develop your own process, effectively manage risk, and remain committed to your plan, regardless of the circumstances. Additionally, it is essential to continuously learn from past mistakes and strive for improvement in order to navigate the investment landscape successfully.

@Erikkurilla01 Жыл бұрын

@@Lemariecooper I agree, which is why I find it beneficial to have an investment coach guiding my day-to-day investment decisions. They possess a skillset focused on capitalizing on both long and short positions, effectively managing risk to leverage its asymmetric upside, and employing hedging strategies to mitigate the impact of market downturns. Additionally, their access to exclusive information and in-depth analysis further enhances the potential for outperforming the market. I have been utilizing the services of an investment coach for over two years, and the results have been remarkable, with net earnings exceeding 2.8 million.

@jessicasquire Жыл бұрын

@@Erikkurilla01 Would you be willing to provide information about the advisor who aided you? As a 39-year-old, I am eager to expand my stock portfolio and devise a retirement plan.

@Erikkurilla01 Жыл бұрын

@@jessicasquire I am presently in communication with *STEPHANIE KOPP MEEKS* , an advisor affiliated with UBS Financial Services Inc, who has been featured in an interview on CNBC Television. Her approach has proven to be effective, as evidenced by the positive outcomes I have achieved. She provides valuable insights on optimal entry and exit points for the specific securities I focus on.

@craigstott974 5 ай бұрын

Rob, You nailed it! I left a long term employer and rolled it over to an IRA. It was scary and relatives had assets under management and so we did the same. Four to five years later I am self directed, thanks to you and others!

@lougehrig1212 9 күн бұрын

Craig, your young(er). If a 2000 to 2002 scenario were to happen again where the S&P lost 10%, 13%, then 23% - 3 year losing years in a row and media telling you that it can continue to decline and your 1 million dollars is now worth less than 600k while your drafting money out. Vanguard studies show that people do not keep their nerve, either in that time frame nor the 2008 downturn. Not saying these things will happen, but they "can" happen, so make sure to take this history into account when listening to Warren who doesn't even put all his own networth in that strategy, he runs companies and buys individual stocks and pays people big money in his companies to run all that.

@denconstutube Жыл бұрын

Thank you. I am always impressed with your videos. The content is spot-on and provides excellent advice. In addition, you provide a feeling of confidence in your honest delivery. You help us relate to the message by tying it to your own decisions.

@RM-lv9ng 4 ай бұрын

Buy a bigger mattress.

@psoidonym2389 Жыл бұрын

I couldn't agree more. Common sense, simple portfolio construction with 2 - 6 ETF. And avoiding complexity. I really like your take on those topics. And you combine your knowledge with life experience and pragmatism. I´m currently about to retire and only recently found your channel. Thx for your work and your views.

@theotherview1716 Жыл бұрын

But what happens if the market crashes in the beginning?

@nerios.v 4 ай бұрын

@@theotherview1716 if you are older specially now, simply invest a larger portion into t bills/bonds to hedge your risk.

@ramrod2298 2 жыл бұрын

How to invest $1M? That's easy. 1) Pay off your house and any other debt 2) Keep enough cash to sleep very well and fund any major expenses in the next 5 years (home renovations, kids' college, etc.) 3) Dump the rest in an S&P index fund.

@alexkwilliams 2 жыл бұрын

1. you shouldnt pay off your house, you should use the lump sum of 1mil and invest that and use the earnings from the investment to pay the house. Do the math, youll have a lot more money.

@ramrod2298 2 жыл бұрын

@@alexkwilliams By that logic, you should NOT use the investment earnings to pay off the house; you should reinvest all dividends. And further, you should never pay off your house - you should constantly refinance and pull out all equity to invest in the market. See where I'm going? At a certain point, most people want the security of a paid off house. To paraphrase Warren Buffett, don't risk what you need (a house) for what you don't need (a little higher number in your Vanguard account).

@alexkwilliams 2 жыл бұрын

@@ramrod2298 you gotta pay the mortgage somehow, im not factoring in a job here.

@darkphasex 2 жыл бұрын

@@alexkwilliams There is no right or wrong of paying off a house. However, I can tell you that you will have financial freedom and a psychological effect that you must factor in when you have no DEBT. That feeling of No Debt is ineffable.

@nicholasmartinez6043 2 жыл бұрын

Love this idea. I keep no debt not even a mortgage. This is to keep my risk very low, even when investing 100 percent in stocks. My rationale is that stocks will outperform bonds and if need to take a 50 percent haircut a couple times in my life to enjoy the sweet gains, I can sleep easy with no debt.

@aljacksonartist 2 жыл бұрын

First time watching Rob Berger. Great talk Rob. Really informative, intelligent points in this video. And you have a nice, likable presentation style. So I subscribed. I'm 56, it's nice to find a financial youtuber who's more at my own stage in life.

@jw8578 2 жыл бұрын

Allocation should be driven by 1) risk tolerance, 2) years to retirement and/or years to needing access to money, and 3) objectives and final goals. A million maybe enough for some and a person may choose a less risky allocation to avoid volatility while providing needed cash requirements.

@wilmabrock6401 7 ай бұрын

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

@morganstubie 2 жыл бұрын

The was a great, no bs, straightforward video!!! I love his chill style and I’m probably going to binge him over the next few days. Lots of learned knowledge and experience!

@KpxUrz5745 3 ай бұрын

I faced more or less exactly this situation. One of my foremost concerns was to exercise some caution so as not to lose the principal. I entered the stock market and became surely overdiversified, with a certain portion in CD's but most of it spread far around amongst stocks. I ended the latest year with about a 40% profit, and things continue prospering along nicely. I trade frequently seeking profits, but also am aware of dividends and selling option premium to enhance returns. I make all my own decisions and would never entertain paying any portion in fees to any so-called professional for management.

@kirstyhuynh86 3 жыл бұрын

Thank you Rob for the wonderful insight. It just answers to the point my concern at this point. Appreciate that!

@Aziz__0 Жыл бұрын

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?

@sherryie2 Жыл бұрын

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.

@AUstinnesc Жыл бұрын

@@corrySledd For real, I've wanted to switch to a wealth manager. Please, could you recommend yours?

@AUstinnesc Жыл бұрын

@@corrySledd she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing

@mewk 10 ай бұрын

Buy ADA.

@seniorzhang9114 7 күн бұрын

Hi Rob, so glad to find you in KZfaq. I have watched three of your videos so far. Whatever you said is so basic, doable, and practical! Thank you!

@jonathanbuyck2031 2 жыл бұрын

He's spot on with the psychological factor which we forget about. So many athletes and rappers go broke when they get that windfall

@MuzixMaker Жыл бұрын

Because they never had to learn how to manage money. Same with lottery winners, who are usually financially “unsuccessful” before they won.

@ZCAR355 3 жыл бұрын

Most people don’t want to be a millionaire, they want to spend a million dollars.

@gracieallen8285 2 жыл бұрын

And people who don’t have a million think it’s a ton of money, but those with a million know it’s not that much money.

@Duke_of_Prunes 2 жыл бұрын

@@gracieallen8285 My wife and I are worth well past $1M, and it's nowhere near enough to retire without day jobs, rental property, or just outright scamming the welfare system.

@gracieallen8285 2 жыл бұрын

@@Duke_of_Prunes you made my point. But I don’t recommend scamming the welfare system

@RagnarokCo 2 жыл бұрын

It's all relative. It is most definitely a lot of money. If you own 1 million dollars you are somewhere in the 80th percentile or higher. So to say you have more money than 80 percent of people and call it "not that much money" is kinda ridiculous to me.

@mrdavidoac1238 Жыл бұрын

Oh wow that's a good quote

@Kevin-go1qv 2 жыл бұрын

Man Rob, I really appreciate your videos. You're a good man!

@stevemlejnek7073 2 жыл бұрын

I'm considering using Vanguard's advisory services. In the introduction call, the advisor asked me where I would get income since I am considering retiring before 59 1/2. I said I would consider 72t distributions. The advisor wasnt aware that 72t distributions applied to IRAs. Has me thinking this person may not be right for me.

@gwarlow 2 жыл бұрын

Advice starts at 12:10

@corner559 2 жыл бұрын

Don't like having 12 minutes of my time wasted. Thanks for the tip.

@aduvas Жыл бұрын

thank you!

@garyd5295 Жыл бұрын

So helpful. This turns away from all of the noise. Much appreciated!

@noyopacific Жыл бұрын

The fear of living off the nest egg was a big one! I think mostly because we had always been so frugal in an effort to build it. Five years out and it hasn't been any problem. It's kind of hard to adjust to the fact that we don't need to save for retirement anymore.

@Greg_Chase Жыл бұрын

There are two surprising anxieties: 1) spending the saved money 2) the wearing-off of the novelty of having free time (takes 1-12 months to wear off for most people) I retired once in my late 30s and it was disastrous. I've worked ever since. Although I have enough money, it does nothing to solve the anxiety of 'nothing productive needs to be done' This is probably the reason many people, including older people in my family who retired, did not live too long. To get a feel for what 'endless free time' feels like: 1) if you went to college, remember after the 5 to 6 week long break in December-January for the holidays how it felt to get back to work 2) what is the longest vacation you're ever taken - at the end of the vacation did you say "ready to get back to real life" or "this doing nothing productive all day needs to continue" There are people who thrive doing absolutely nothing productive all day. But I bet it's a small number of people. .

@bfine1962 2 жыл бұрын

Great video. Exactly my situation now. Just sold my biz and retired. Been a buy and hold investor all my life, a little at a time. Always been very diversified. Now getting info overload on less is more. Of course at the time of this comment 5/2022 the market is correcting. I'm ready to jump in.

@dmtrinar3863 Жыл бұрын

Thank you for explaining this in a clean way..

@jpturner171 3 жыл бұрын

Another great video and advice! Thanks Rob. Semper Fi.

@ericgammill4780 2 жыл бұрын

This resonates. Thank you. Recently retired early at 59 under circumstances similar to your description. I decided it would be a good idea to get some advice so I went to a major brokerage to discuss ideas for retirement income. The representative was very happy to work with me and scheduled a meeting with an advisor. I arrive at the meeting a week later and find that the advisor is from an outside firm than will charge fees from .85 to 1.25%. Yeah, no thanks. With a little more research, I see they have a "robo" account that offers a financial planner for $30 per month, customized portfolios and automated tax loss harvesting. Looking into this more.

@ChrisBird1 2 жыл бұрын

59 early ...lol.

@gieb6428 Жыл бұрын

should be, they get paid if you get paid. Why does a guy with $200,000 pay more than the guy with $100,000 for the exact same advice? Just like the reality commission on selling your house? I don't get it.

@katelynrenesse4798 Жыл бұрын

Thank you. Just what I needed to watch. My hubby and I are directors of our farm business and own property, plus small pensions. I am nearly 52, hubby is 55. We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.

@serenewhopperman2924 Жыл бұрын

It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing.

@SuzanneEscousse-sv9xv Жыл бұрын

Hello Kate.

@alwaystwoam 3 жыл бұрын

Thank you.

@markg9967 8 ай бұрын

Thank you so much for your video's, they are excellent. I was wondering if a personal financial advisor is needed if I follow either your 3 or 6 "bucket" portfolio structures and then use a good accountant to advise me on tax related issues?

@perosa99 Жыл бұрын

Thanks for the advice. It sounds reasonable from someone who presents himself both smart and down to earth.

@robinlosangeles 3 жыл бұрын

Love your videos, Rob! Thanks for sharing your expertise. Wondering why you chose VOO for your 2 Fund vs. VTI for the 3-6 portfolios?

@rob_berger 3 жыл бұрын

Because Buffett selected an S&P 500 index in his 2013 Berkshire Hathaway letter. Frankly, I don't think it much matters. The performance of the two are nearly identical over the long-term. I suppose an argument could be made for VTI in the 2 and 3 fund portfolio and VOO for any portfolio that separately includes small cap.

@HamiltonRb 2 жыл бұрын

@@rob_berger Not sure if you have an equivalent in the States, but Vanguard has a few all in one etf's in Canada, that are extremely popular. They diversify across the globe, with their own US, Canadian & Global stocks & bonds, rebalance the portfolio for you, and you can select your own risk level, all for a very low MER of .25. VGRO is 80/20, VBAL is 60/40 and there is one that even distributes a 4% monthly distribution called VRIF. Curious to get your opinion on these

@timotahowhitehawk3756 Жыл бұрын

Great Talk Rob; I was about to make that mistake of hiring Investment managers. BC if felt like a Mill was a big deal to invest. But I have been doing a good job on my $110K and $460K; great insight you have. Thanks for simplifying this for us; and giving us new investment strategies.

@karimelzein9115 2 жыл бұрын

Long video but has good insight enjoy it while driving home from work

@lw9936 3 жыл бұрын

@Rob, If you are near or reach age 65, do you think you would change your percentage of investment allocation? or any other adjustment? thanks.

@gasparsanchez2566 2 жыл бұрын

Congratulations for your videos and I agree 100% with your investment advice methodology . Gasaca / Spain.

@griffinreitz7041 2 жыл бұрын

A lot of it depends on age. Older you get the less risk you should be exposed to. A million is nice to have, but it's not near as much money as many think it is.

@Larry_left_a_comment Жыл бұрын

Some people who are older who are convinced they won't be living on the streets feel they are investing for the next generation.

@ChischtofThrash4Life Жыл бұрын

Haha loved the Seinfeld dance re-enactment!

@bobdrawbaugh4207 3 жыл бұрын

Two years from retirement and this is where I find myself. My wife and I have invested in our 401k for the last 40 years. Never worried to much about our accounts. When the market was down we just continued to invest. But, now that we are close to retirement I’m constantly thinking about what to do with our 401K money. It’s become like a part time job research and watching videos like yours. As the retirement date nears I get more nervous about it. I’ve used the two fund portfolio all these years, not really knowing anything. I’ve adjusted the allocation to a 60/40 S/B as I near retirement.

@rob_berger 3 жыл бұрын

I know how you feel! What topics could I cover in future videos that you would find useful?

@mavissmith3 3 жыл бұрын

@@rob_berger - Love your videos. Could you make a video about the best places to stash cash as a placeholder for those who may be hesitant to invest at the moment? For those of us that are admittedly timing the market. 😊

@bobdrawbaugh4207 3 жыл бұрын

@@rob_berger yes, the subject of asset allocation. I know most professionals recommend not dropping below a 60/40 stock to bond ratio. But, in retirement and your relying on the money is that the recommendation. Also In my wife’s 401K she has access to Vangaud’s Wellington and Wellesley funds. Both seem like ideal funds for retirement. Have you looked at them. At Retirement I was thinking of moving money to one or maybe both.

@frankkeel8410 Жыл бұрын

Yes tough to manage on your own but you are not paying large fees! I have all my money 💰 in cash. This way no surprise tax bracket can place a large cost if you move to a higher one. When u do retire have every item u invested in your control.

@suzanneemerson9787 Жыл бұрын

My 2¢ : Keep 3 year’s worth of portfolio draws in cash instruments during retirement. Highly unlikely that the market will be down more than 3 years in a row. With that safe money in cash, you won’t have to sell assets when they’re down. The rest of my money is in a simple 60/40 portfolio (Vanguard) plus some rental real estate. This has worked very well for me over 23 years of retirement so far. Gives me peace of mind.

@rjb7260 11 ай бұрын

Simple truth - One of the best Investment videos geared towrard retirement I have seen!

@freelyroaming 3 жыл бұрын

Love the videos Rob. Such sound and sensible advice for the average person. Thank you for the book recommendations too! Do you have other favorite youtube channels as well on the topic of financial independence?

@stevenobrien595 3 жыл бұрын

Such a great topic and approach to investing. We have a friend who will be receiving an inheritance shortly which will help her catch up from starting late with retirement savings! Def passing on this info to her if she will listen to the suggestions. Thanks Rob much appreciated.

@jackh1749 Жыл бұрын

Thanks, this is exactly what I need at this stage in my retirement!

@kickstartedwards6916 2 жыл бұрын

Super, informative and very knowledgeable - many thanks Would love to hear more about investing in bonds

@divindave6117 11 ай бұрын

I LOL'd when you told the young folks to google Ginger Rogers and Fred Astair. That was great!

@lehighcap Жыл бұрын

I have just discovered your channel. So far so good! Time to binge. Watching this video here, it’s a year old. Market is down and projects to go lower. I have 1.2m in IRA and ready to retire. Has your strategy recently changed? I’m currently 15% Index equities, 10% index bond, 75% t-bills. I was 100% equities for many years but now I am fearful of a rigged market. Does your 60-40 strategy still apply into the summer of 2023?

@edwardgent4378 2 жыл бұрын

Mr Berger I love your ideas I have a question which online broker do you use, I am sorta like the windfall I have $900000 to invest I am also 75 years old I have not read what you would be right for my age in regards to what etfs to invest in since I don't have 20-30 years left to invest do you favor vanguard funds mostly do you buy them from vanguard or some other online broker Thanks Mike Kelley

@bricehawley6693 2 жыл бұрын

Wow. First time viewer. Subscribed on the first one!

@janethunt4037 Жыл бұрын

Thank you for this, and especially for sharing what you are personally doing.

@user-qt3qm6ff6p 2 жыл бұрын

Thank you! God bless!

@atlmogul1 2 жыл бұрын

Excellent information. Thanks for sharing.

@floxy20 Жыл бұрын

Identify the stocks which continually have paid dividends and which have a good record of raising their dividends. Then pick the ones with a high (but not too high) yield. Very high yields is a red flag that the company is in trouble.

@andresarango4189 Жыл бұрын

Rob thanks a lot for this channel, I am learning a lot. Can you do a video comparing performance between 3 fund portfolio and 6 fun portfolio. Regards!!

@ianjackson88 2 жыл бұрын

Very good video. Thoughts on paying off mortgage with lump sum? Eg

@saal2636 Жыл бұрын

Compared to the SPX, both 3 fund and 6 fund portfolio was a little better in performance until 2018 but after 2018 SPX appeared to be a little better (I looked at the chart on the 3rd week of March 2023). Could you please show comparison charts of these portfolio vs SPY or SPX?

@DessertcrazyEcuador Жыл бұрын

I watched a video of a fiduciary money advice firm that did an analysis on KZfaq of them helping a customer. They decided that he couldn’t retire yet, but would have to get a part time job earning at least 10k a year. When I went to their website, their minimum yearly fee was….10k. So basically their analysis was that this man needed to get a job solely to pay them.

@MuzixMaker Жыл бұрын

That is too funny.

@nerios.v 4 ай бұрын

lmao what a scam

@johnf.2300 2 ай бұрын

Just a perfect video for simple guy in Vermont. Thank you!

@robertmeyers3640 2 жыл бұрын

I use the 4 fund portfolio. IVV, VXF,VXUS and either Agg or tlt

@sherilewis5514 2 жыл бұрын

Well said.

@Christian-eh8iu Жыл бұрын

Hi Rob. At 18:05 you tell about the the more diversified 6-fund portfolio. My question is, why invest in VWO Emerging Markets, when VXUS tracks both Developed and Emerging Markets(25%) through the VXUS Int. Stock ETF? Thanks!

@fruitloops3718 2 жыл бұрын

The most advice I've gotten from Vanguard is the John Bogle message. Invest for the long term through low cost mutual funds in a well diversified portfolio. Good advice if you don't have any idea of what to do with your money. But I find very little to no diversity in stocks, bonds and reits. All of these seem to move together. For diversity you have to actually own real estate, actually own precious metals and then hold stocks. My message is that you made your money on your own, you need to learn how to invest on your own. Nobody cares about your money like you.

@fullmetta2764 Жыл бұрын

Bogle's approach is simple to follow but it's deceptively sophisticated. Recent years, the last ten especially, have been an historical anomaly regarding the performance of most asset classes. Last thing, some of the most savvy investors follow indexing, and not out of ignorance.

@Floorguy1000 2 ай бұрын

An excellent discussion. Keeping it simple is a huge step up for the majority of people.

@bth2012 2 жыл бұрын

THX, 6-fund investing min 18

@dans9228 2 жыл бұрын

Thank you for another fantastic educational video.

@kartiknit1 Ай бұрын

This is exactly what I needed to hear. Great video, thank you for simplifying investing for us. You really alleviated the fear around investing Question I have is: once we say invest in the 3 fund portfolio: how do we go about rebalancing? I.e Do we need to increase the bond, lower the stock closer to retirement? Much appreciated!

@darrellgritten4398 3 ай бұрын

Excellent, well-balanced, commentary. You are very intelligent, knowledgeable, and articulate. Thanks for your video.

@Bokgat 2 жыл бұрын

Hi there. I’ve been searching for something like your video for too long. We are perhaps like minded by age and you aren’t trying to sell something. I’ve subscribed and look forward to more interesting dialogue and discussion with you and your viewers. Great stuff and thx !!!

@Bokgat 2 жыл бұрын

@@emmamindfullytrader5454 so you are saying you made $10,000/14 per day on average off $1,000 invested?? Seems hard to imagine unless I misread your post. Perhaps you could explain in a bit more detail. Thx.

@AdilAnsari-kh2jg 3 жыл бұрын

This should be particularly relevant today with interest rates where they are today. People can pull equity out of their homes at a bargain price and for 30 years. If you can pull out 100k or more at 3-3.5% via cash out refinance you face this exact problem.

@sanekabc 2 жыл бұрын

This is great! I like the way you think.

@RickMartinYouTube 2 жыл бұрын

Helpful discussion

@EzraWildes Жыл бұрын

How diff is that portfolio than just vt? Curious what u specifically think about vwo? The past history isn’t great but obviously the past isn’t a great indication but I’ve heard arguments that structurally it’s not good because many of those markets have difficult economies, inflation etc. curious about ur thoughts

@neildesposito1492 Жыл бұрын

Great information Thank you

@marthas8108 8 ай бұрын

Thanks a million for the great video. It's helping my husband and I communicate as we anticipate a small windfall. One problem we have is finding someone to ask questions of who doesn't want to manage our money for us at 1% or more. Every time we interview someone we get the commissioned broker pitch. Where do we find these hourly advisors? Is there a professional website that lists them? Thanks again!

@writetravis 7 ай бұрын

Really appreciate the video. Found your channel and subscribed. Thumbs up!

@Hermanjackson89 7 ай бұрын

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

@GeorgiaMoore. 7 ай бұрын

Stocks are pretty unstable, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks|couple months, so I think there are alot of wealth transfer if you know where to look.

@vincef7487 2 жыл бұрын

18:56 “Little Kicks” That was the name given to Elaine’s dance.🤣‼️

@paulthorpe766 2 жыл бұрын

1/4 in buy-to-let property, 1/4 in vanguard style tracker, 1/4 in other investment assets eg Vintage Rolex, 1/4 in higher risk equities eg tech/Nasdaq.

@EverylittlethingStephane 2 жыл бұрын

You can purchase vti as voo which are identical on the cost and performance the good thing is you buy the dip of the one is more at this moment it might be this time vti an other time voo sorry for my English I hope you understand my point of view I also invest in a ask Australian market on vts which is total us market it is vti it seems it s more performing for some reason I should check on portfolio visualizer. That s in Australian dollars I am from new caledonia

@samraat3424 2 жыл бұрын

Thanks Rob for an informative presentation. I have watched three of your videos today but one thing I didn’t hear you mention is the shorter time horizon. What if one has a shorter time horizon (of less than ten years) to invest windfall? What would be the four to five way split?

@dta97392 2 жыл бұрын

I would like to hear the answer on your question as well 👍

@roy5737 Жыл бұрын

Excellent video!

@allanjeong 2 жыл бұрын

How would you change the 90:10 portfolio when 30 vs 20 vs 10 vs 1 year away from retirement? When looking at the total returns in the S&P500 index from 1927-2020, here are the average, minimum and maximum annualized returns at the end of any 30-year, 20-year, 10-year, and 1-year investment period: Ave Min Max 1 year 12.16 -43.34 53.99 10 year 12.44 -1.35 23.13 20 year 12.38 5.65 18.97 30 year 12.39 9.79 18.44

@aelynspaeth8237 Жыл бұрын

@RobBerger How is the recommendation to pull out and not invest what you expect to spend within 5 years (you give as examples things like home improvements, a wedding, or a trip around the world) any different than a bucket strategy? They sure seem the same to me except there's presumably no refilling buckets out of other assets.

@CustomSneakers Жыл бұрын

Great Video!

@hansugu3265 2 жыл бұрын

Could you shed some light on where to diversity in term of tax implications and some other considerations. For instance, if I have cash, 401k, IRA accounts, I may use Roth IRA for high-yield U.S. stock ETFs such as VTI because any growth is tax free. For foreign stocks, I may use cash to purchase because of some foreign tax credit I can claim. I am wondering if you think this kind of strategy would make sense, or it does not really matter. Thanks!

@timzhuang422 Жыл бұрын

Amazing content!! Just discovered your channel

@24hourgmtchannel64 Жыл бұрын

My message to the most novice uninterested worker who equates investing in their retirement plan with brain surgery, 100% Vanguard VTI (or similar depending on what your plan offers with an eye on the expense ratio ) first job right out of college and then add BND (or similar) at age 30. Use ages 22 - 29 as your 100% equities building period. Time is on your side here. Then at 30 base your stock\bond asset allocation on whatever allocation you can tolerate. The older thinking was 100 minus your age is your equities (VTI) portion so that would be 70% VTI 30% BND at age 30 however I like 120 minus your age for your equity portion a bit better. Again it's all up to your tolerance level. Do this and you'll be better off than the the vast population of American workers.

@ThePianoMan1953 4 ай бұрын

I agree with you. Warren Buffet said he thinks stock bond allocations are ridiculous. I think he is "all in" at his age.

@LV-ei1ce 2 жыл бұрын

You have a proper finance guy face cut ! Thanks a lot legend !

@I..cast..fireball 2 жыл бұрын

Rate my allocation! 48% VTI 12% AVUV 26% VEA 8% VWO 6% AVDV 0% Bonds 30 y/o

@davidtodd1037 2 жыл бұрын

Outstanding honest advice. No b.s like some jokers here on KZfaq who preach "get rich quick" baloney.

@43Danc 3 жыл бұрын

Three fund portfolio might be better suited to the more “hands off” investor, but I tend to like a little more diversification. I just feel better with a bigger spread. Although, too much diversification can lead to a “clunky” inefficient, repetitive and overlapping portfolio. I’ve tried to maintain an optimistic all weather approach. Optimistic, meaning a healthy sense of growth that leans towards equities.

@somethingclever1234 2 ай бұрын

best advice Ive heard in many years

@lifeisgood070 2 жыл бұрын

….. woah you grew a lot over the last year. Moving towards a 6 fund portfolio with reit exposure and small cap is definitely the way…. Damn

@geoboggs3897 2 жыл бұрын

So, do you invest it all at once or, for eg. In in installments over a year?

@jmc8076 10 ай бұрын

13:47 I did a quick search for interest and he’s not doing that now but it’s still fairly simple.

@craigbuyer 2 жыл бұрын

Hey Rob. Thanks for the Video. Where is the link to your M1F pies?

@bobbrown4069 Ай бұрын

Thanks Rob I live in the Washington DC area and would love a recommendation on a fee only financial advisor to help my with my portfolio construction/mainentence. Someone who was knowledgeable about ROTH conversion and tax implications would serve me well too. Might you have a recommendation?

@victoriatorres6790 2 жыл бұрын

Thanks, I love your videos, you are very honest. Can you tell me again who is the specialist you talk to a couple times a year? I think you said Soro or Zoro?