Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .

Exactly ! That's my major concern and what lucrative investment can one venture into with the current rise in economic downturn

In fact, I had no prior experience or understanding when I began investing in 2018, but by the end of 2019, I had made a profit of almost $750k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.

@@hunter-bourke21Kudos on the effective execution of innovative ideas and tactics that lead to significant advancement. As I seek guidance from a trustworthy advisor, would you be willing to share details about the individual assisting you?

*Gertrude Margaret Quinto* 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.

Impressive! I admit I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

I agree. She should take a trip so she can plan a goal

Absolutely

I’ve been a network engineer for sometime now, I don’t experience this at all. I can’t wait to retire and do nothing. But then again I’m not a millionaire, yet.😊

Yea that’s what the whole call was about.

​@stangeorge3534 Computer engineers ain't real engineers.

That's because Rachel is Dave's daughter. She can get away with more and not be afraid of being fired. Other personalities have to watch what they say around Dave or it's the pink slip.

@@terriesmith2616 Good ol' nepotism.

Everyone else is not Dave’s daughter mate, of course. She gets kicked off the show, the funds is still in her name as an offspring.

Thought the exact opposite

@@terriesmith2616U ARE 100% right about this!!😂😂😂😂😂😂😂

Which most important point did you take out of this?

@@LittleMopeHead​​⁠hearing about people winning and crushing their goals is inspiring. Especially since it’s much more common in todays culture for people to bitch and moan and cry about how life’s not fair and yada yada (insert sob story)

Wow that's huge, how do you make that much monthly?

I'm 54yrs and have been looking for ways to be successful, please how?

Honestly speaking, I will continue to trade and stick to Juliana Heidi daily analysis and guides as long as it works well for me..

Woah for real? I'm super excited. Juliana heidi strategy has normalized winning trades for me also. and it's a huge milestone for me looking back to how it all started😀

The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.

Don’t have to be religious to give or be a giving person.

@@KamikOzzy_ absolutely. Although studies show religious people give far more of their time and money. We should all try to change that

God's ways are always best!

Thanks for the advice! Im new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial advisor or resources to guide beginners?

I completely understand the impact of the new year on financial decisions - it's transformative. While I've found success in investing, especially with the guidance of my advisor Timothy Eric Meek, I still appreciate the solid foundation i had. The principles align with the core values of financial discipline

​@@SteveDaniel152How can I get in touch with your financial consultant?

Look for stocks that have paid steady, increasing dividends for years and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire

A Google search of his name can really help you know more about his profile

I was just going to say the same thing lol

Yes

Took the words right out of my mouth. They’re getting a $30k raise I might see $1k. I’m annoyed by these people but happy for them at the same time. I’m glad somebody’s making it.

Go to engineering school

I hope one day u will. In fact i am sure of it

I told everyone not to invest in what they can't afford to lose, don't try and buy everything and remember to take profits. Then I went and invested way more than I can afford to lose, tried to buy everything and forgot to take profits Guys Instant profit❤org especially about freelancing saved me

Watching Dave Ramsey you will never be able to lol

Same

@amourofbeauty congrats Queen!!

I'm a landlord and I don't think it sucks... easiest job I've ever had.

@@31henderson I’m glad it’s worked out for you, but not everyone has had your experience with rentals. My family had a tenant that stopped paying rent and it took us over a year to evict her. DEFINITELY not for everyone.

@ashleychurchill I couldn’t agree more. Being a Landlord is so hit or miss. If you get a tenant, it’s a breeze and you have easy passive income. But a bad tenant is a life altering experience. You stress so much getting them out and then you’ve lost so much money the entire time with a double mortgage effect.

It can be hit or miss, but after renting 4 townhouses for the last 10 years I can say with conviction that its all in the vetting process. Even if it takes 2 months, get the RIGHT people in. I wont even accept people's application if their income is not at LEAST 50% higher than the rent. so if the rent is $2500.00 then they must clear at LEAST $5000.00 AFTER taxes. Its not that I want to exclude certain people, I just don't want to put people in a bad financial situation where they have to choose either rent or food. You will find that if people can afford their rent easily...they will pay it. @@JasperOFlanigan-jz6jt

Yeah being a landlord sucks. I did it once never again. Now I just let my properties (all paid off) just sit there and hold value or appreciate.

Job well done to you and your wife! ❤️

GIVE BACK TEACH OTHERS

Congratulations on getting yourself into a great position.

Have you thought about traveling? There's got to be places you want to see. Do some research online. Great job though.

@@dianecelento4974 traveling now is so samey. Go somewhere and it is like everywhere else. Language and some food aside.....

Honestly, I have been contemplating the market volatility for the past year, and it seems that many individuals are unsure about how to navigate this bear market, especially if it is their first experience with such conditions. Going from reaching all-time highs to incurring significant losses can be quite disheartening. Have you considered consulting a certified financial analyst (CFA) to develop a customized diversification plan tailored to your specific portfolio? Personally, I recently achieved a milestone of earning my first $100,000 during a period of significant shifts in Federal Reserve policies. You might want to consider investing in reputable mutual funds such as Vanguard, Schwab, or Fidelity. Cryptocurrency can also be lucrative due to its high returns, but it's important to exercise caution. Opting for stock-based mutual funds could be a prudent choice to mitigate risks.

@@jessicasquire As I approach my retirement in the coming months, I would greatly appreciate any advice you can offer. I have actually attempted to engage the services of a certified financial analyst (CFA), but it has been challenging to find one who possesses a comprehensive understanding of various sectors. I value a holistic approach and believe that if I cannot have a well-rounded perspective, it may not be worthwhile. I am open-minded and eager to explore different possibilities.

@@patrickbrussels4454 Finding the perfect CFA for my needs was a process that required some time and effort. However, once I connected with the right group of CFAs, everything fell into place, and my investment journey has been consistently positive since then. I attribute a significant portion of my profit margin success to the guidance and expertise provided by my dedicated CFA.

@@jessicasquire You seem to have been fortunate in finding reliable individuals with strong ethical principles in the investment field. In contrast, I have faced challenges in connecting with such individuals, and as a result, I have experienced a significant loss of £103k over the past few months. It would be greatly appreciated if you could provide me with an introduction to your trusted CFA, as I am in dire need of effective diversification options at this point.

@@patrickbrussels4454 I am unable to provide extensive details, but I can share that *STEPHANIE KOPP MEEKS* is the CFA responsible for managing my portfolio. She possesses exceptional intelligence, thoughtfulness, caution, and boasts an impressive set of credentials. You can easily find more information about her online.

He says it all the time

I am feeling that, 21 years old and making 70k, running out of things I want that I cannot get.

Might be good to see how you can get plugged in with these passions now. Don’t wait for more money to do those things Money doesn’t necessarily make us more charitable/giving…just magnified the characters we have developed by the time the money comes

I am waiting to purchase a Porsche or Corvette. I cannot fathom spending so much on a car that I will use on the weekends only. It is just a toy but also my dream.

lol

The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.

@@carolynrose1816 A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.

@@rickertcoles Over the following 3 months, I want to increase my reserve from $280,000 to at least $550,000. I would be grateful for any advice you can give on how to accurately predict the market and how to diversify and balance my portfolio in order to accomplish my goal.

@@flemmingbrooke My advsor is NICOLE DESIREE SIMON, you can easily look her up, she has years of financiaI market experience.

@@rickertcoles Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

Giving is good but not for the benefit of pastors so they can get that private jet. Don't just give, give wisely and purposefully.

@@chukssure5626 Without being paid properly, pastors would have to engage in another line of work and devote less time to ministry because they do have families and bills to pay too. I agree, the extravagant giving and televangelist offering blessed waters if you sow a $1000 seed is an abuse of leadership, frauding the people and not biblical

Uh no. Churches boast their tax exemption and take money from people to profit themselves as much as possible. Wealth is a gift of hard work(most of the time) not from God.

@@jimbobduggar1747 Everywhere we have a mixture of the genuine and artificial. Genuine/counterfeit relationships, food, money, people and churches. Churches like other non-profit organizations need funds to fuel their projects. For those that abuse this privilege, they should be reprimanded and penalized. Without God giving us life, and the energy we get from the air, sunshine and food we absorb that God created, we wouldn't have physical/mental energy to accumulate wealth

@@zeal4god402 I agree with the first half. There are good and bad churches out there. That's your own opinion and that's okay, but it just doesn't make much sense. Being wealthy comes from a mixture of extremely hard work, and most of the time being born into a wealthy country to have the opportunity. Not sure which God you believe in, but I don't think they're correlated with wealth in any way.

I'm not in that stage at all but I could understand. When we're working on the baby steps and paying off debt there's a clear goal, it makes it easier in a way to stay focused.

How about starting a business on something you've always wanted to do, something you're passionate about. Something where you don't rely on the businesses success, but rather it's something you genuinely do for fun or would do for free (making furniture, fixing cars, etc). In Dave's case, he has a net worth of something like $250 million, doesn't need any money, but he's still working past his 60's because he's passionate about helping people sort out their money problems.

We are brain washed to chase money our whole life, that’s what happen when ppl retired they wanna go back to work. They don’t know what to do with their life….

​@@DeanBKKgreat advice

Kudos to you, nice problem to have! I'm not quiet there but well on my way.

They is my dream scenario . One day

lol yep, and she flexing HARD. Good for them.

That’s some good values. sounds like you got something going for you

Did a quick search and found her webpage. I must say her resume is pretty impressive. will be writing her.

Invest in stable stocks, my rule: if you previously liked the stock, then you should love it at a discounted price.

Thank you for this tip. it was easy to find your coach. I did my diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

If they give it to you, then nobody will have money. You're the kind of person whos biggest curse would be to win the lotto. You'd be broke and maybe even unlived in the next 5-10 years.

Right like they mustve had a windfall lol

So.......why isnt everyone in the same situation ?

@@jerrylansbury9558 that's for you to figure out.Finances are an individual sport...

lolol, exaaactly.

Exactly, losers and haters are out of the woodwork.

Not really. Her net worth is made up of her assets and her husband’s. It would be more notable if she had made that alone.

@@summerrr1 I’d say less than 2% of 33 year olds are worth 2 million dollars

Haha! That’s most people

that's better than most

Better then paycheck to paycheck. You're on the right track

I waited tables when I was younger in an expensive new country club. What I learned from it was that people with money are the same as the rest of us, just more so. Those that were naturally generous were more generous. The stingy were more stingy, the snooty were more snooty and the kind were in a position to be more kind. Money definitely doesn't make people happier, but it does make it easier in some ways. It was a good lesson for me in my early 20s.

@@heatherj3030 A

Wat

Dave has recommended a marketing book for decades. “Guerrilla marketing” there’s a new commercial from Red Bull that takes DIRECTLY from one of the chapters…

@@genxx2724 that's y you get a "good property management company". Not all them are bad

definitely do due diligence on the company property managers need to have some concept they manage property, tenants and client wealth at the same time. not all take this approach however if real estate isn't a desire don't do it, you can invest in a REIT and get decent dividends without the risk and hassle of real estate

Or they can get into commercial real estate. Their headache is probably from residential tenants.

Right? So weird. I can think of plenty of things to do with it

Right like boo hooo Lol. Go chill out. Youve made. Now you can watch up all run the rat race.

Side note, the higher earning engineers don't stop reading the textbooks and learning skills after they graduate. There are often higher paying senior engineer roles with stock options and performance payouts. During internships I met those who were in the same position after 5+ years and I met those who were considered experts with high demand in the industry. The one difference I observed: the top engineers would give me their favorite textbooks recommendations instead of their opinions on TV shows.

What type of engineer?

My guess is Petro Engineering in the TX area.

I’m an engineer as well, worked for 10 years before leaving to stay home with the kids. I got 95k in my retirement and an investment property which I could sell now and walk away with around $140k. Good but not as great as these two!! Clearly these people did very very well!!

Well you must be a low paid engineer. My wife and I work in tech and we recently made our first million after working for 3.5 years.

It's not luck. Sorry you're at retirement age and still have this mindset.

You're most Americans, it is indeed luck the system is designed to keep us working til we die. Even with a million dollars we don't have the luxury to spend it because we don't earn enough.

LOL. "lucky" has naught to do with it! Fortunate, perhaps (to have the wisdom and discipline), but these folks are following a plan.

Well, hopefully you learn something from these callers then.

@@superblump87 Ofcourse. We all are always learning!! :)

this channel isn't for us "poors...."

You are a "spender" they are "savers", you are "wired differently, and it's OK.

Yes

That book should be required reading for baby step 7 folks.

BOAT - Bust Out Another Thousand for repair upkeep. Lol

My dad decided it was more important to give everything away in the name of God, rather than pay for mine and my siblings educations, pass on wealth, etc… To him it was more important to spite his family and try to gain the favor of the corrupt pastors at Calvary Chapel Murrieta.

@@joshuajohnson9936 Very sad. Family first and anything else is selfish. I do find these financial videos to be way too preachy. Finances are not connected to religious beliefs, and religion can be misleading measure of character.

Yep, sure is and good for them. America and capitalism is sooo great.

Do you think she was worried / stressed? I got the impression she was looking for advice from people who are in the same position she is.

Did you miss the part where they are both engineers? If it was easy it wouldnt pay so much. You should applaud them for their hardwork but your too busy being salty

@@codyvandal2860 lolololol. Real talk! All the people with negative comments are basically being haters and are jealous. No other reason than that Lolol

No , they are far away from most of that.