or bankruptcy... lol

@@A.I.- lol

I got 3.2 million. Is that wrong?

@@ludwigdrummer7802 the tax man cometh

What is black black red red??

Me too

Don’t worry I’ve got you, I’ve got 200

Facts 😂

got them

You only need 100$ to open an account!!

Congrats but I was waiting for a punchline dammit haha

Inspirational

I don’t get it… 🤷‍♂️

You are well named Sir !!

@@certs73 I’m usually good for a punchline. Sorry. 😀

That hit deep😂

Unless you retired when the market crashes like 2009. It’s called sequence of returns risk.

I’ve been saying this. If our money literally just went into that fund and we got back the earnings. Mean while they blow through that budget

The government squandered it and you won’t be collecting anything

_had_

❤

Isn’t the asking price for VOO like $430? I’m pretty sure you can’t Buy into VOO with $100 every month.

@@nukethenukes2319 you can buy $100 of VOO at a time. In vanguard you can either enter the amount of shares or the dollar amount. Trust me I do it all the time. Where you enter the share amount in that same box you can click on dollar and type in $100.

@@nukethenukes2319 in vanguard you can. In the box you enter the shares in you can change it to dollars and enter $100. You could even enter $1 if you really wanted to. You do not need to buy full shares.

@@nukethenukes2319 Sure you can. You just buy fractional shares. I do it all the time.

Be careful what drum you beat.

You'll get it stay positive ,wait for the crash it's coming .

It is a very serious answer.

you know what, i hope you get the rest of it !

You can buy $10 of VOO in Vanguard.

SPY and VOO both have all 503 companies that are in the S&P 500. Owning either of these two, you match the S&P 500 YOY. It’s mathematically impossible not to.

I’d have to disagree. S&P index’s are a great avenue for people that have limited exposure to the market and are looking for low expenses ratios. However, regrading performance, that’s simply not true.

@@Ryan40272 those are index funds, not actively managed funds.

@@DeutscheDP please share with me all the funds that have beaten the S&P average over a period of 20+ years.

@@Ryan40272 yes because those are index funds, not actively managed ones.

Yep, and everyone is feeling the beginning effects of over printing money. The fun is just beginning. It's going to get a lot rougher.

@@ernestpwhirlllyyes which historically makes markets crash into recession by the way. In those market conditions gold and commodities are the best investments, not equities.

@@gggk135 lol. Gold. Take your 3% profit on gold and build a bunker, have some powdered milk. I’ll stick with my steak

@@donknotts5625 gold outperforms the equity markets in every single recession in recorded history lol. I’m talking about bear markets.

Congratulations you now have $170k.. still not rich.

GME/TSLA and chill. Puts on the rest. Lost decade incoming.

​@@chamade166Michael Burry ain't got shit on you 😮

@@chamade166stay in school

@@ojasa88 no arguments, good luck next 10 years

What a wise man do in the beginning, would be a fools errand at the end. 🙏

That's because Warren Buffet is not trying to sell anything. His answer is authentic. That's the only correct authentic answer to give in this scenario.

Cause it take so long hit a million.People want it now!!!!!!!😅😅

@@MrDonny27 Everything valuable has to take time.

Investing success takes time it's not a get rich quick scheme .

whos paying you that 10%?

People say this all the time but never take into account that $200 also won't be the same in the coming decades so in the same light the likelihood is that you'll be inputting way more than $200 each month further down the line

​@@BaileyMxX Right and that was my point, which perhaps I wasn't clear enough about. I should have said that is doable "for most". At least they will have something. I make a little over $50k/year and put $700 into various investing pathways per month. S&P 500 has an average return of 10.4% over 30 years, but adjusted for inflation is 7.7%. So for convenience's sake, let's just say 7% interest on $700/month over 40 years equals $1.67 million. That's assuming my income doesn't increase at all and I am single for the next 40 years, where there isn't a second stream of cash coming into the household. Even if the cost of living increases by double, that still allows me 20 years of retirement money (assuming that the $1.67 million isn't still gaining interest over 20 years).

@@DroppedGoat69 Various investment pathways, but let's just take the S&P 500 as an example. The average ROI is 10.4% per year. However, taking inflation into account puts it at about 7.7%, so that takes it to just under $600k. $200 is the bare minimum and my calculations don't assume that the income will increase.

It will at least be worth more than if you did nothing with that money

No one is day trader. Overwhelming majority lose money long term

100% spot on!

If the fed continues the charade, It will essentially be flat.

The gains look great until you factor in inflation.

Man what are those ETFs you are talking about ? And how i buy them ? Do i have to pay a percent of them to some kind of broker? I mean i know nothing about stocks i do have that 100 k all i have done with it is i locked it into a cd account that gives me 5.1 percent

Thanks

$12k ain't gonna amount to much in an index even after 20 years. You have to keep adding money.

Decent idea…. But you need to actually just be buying the apex asset and just hold it for 20 years

Wud u lose it all in a crash... I keep hearing one is coming...

12k is nothing

Go to the casino

Then you’re a speculator and not an investor. Slow and steady wins the race

@@GianniAbbenda No thanks. I don't want to be slow and almost dead when I win that race. I'll make my own race route.

@@newyork397 Race to bankruptcy - new investment strategy

@@newyork397 Good luck to you.....

That’s the second best answer. First would be to buy Berkshire Hathaway. There are no secrets.

No it is the correct answer. If someone is asking then they have no business trading. $100k is not that much.

That is actually the secret, buy index funds.

The problem is when you need it and the market is down, youre fucked! Dont give someone else your money to go gamble with. Buy real estate!!!

@@user-zv2ov6id5c perfect for when you need cash, you can what sell your garage? The S&P out preforms real estate by far.

A cocktail party question is not a call for lectures.

Different situation Japan was not willing to do mass layoffs to right the ship.

So were NFTs…

I don't trust Bitcoin long term. It will crash.

Buffet. Warren Beatty is an actor 😉

WI just adopted Bitcoin as their digital currency going forward. 😮

Can't roll you how many videos and articles I've read. I can't figure out why bitcoin has value and NFTs dont

Bitcoin is speculation. It isnt currency.

For sure for me the only one that surpasses btc is Nvidia which is my top Investment...you are welcome

But some of the best advice ever that a lot of people still don't know

@@James-yi1vkyeah, most people have ZERO idea about financial literacy, basic investing, etc.

If it ain't broke don't fix it

Not on a Democratic state/city

Stay in the suburbs and you’ll be fine. They all go to the cities, where they’ve always been. Thats how the suburbs were created!!

🤣

Can you eat equity? On a dinner table

Real estate is a very good investment but it's a MUCH bigger hassle. Byying index is one of the only ways to have truly passive income.

The PE ratio is terrible. The stock is way over valued. I would not go all in on Nvidia now. Also a lot of S&P ETFs have that in there so you get some exposure without all the risk.

Here’s my boring answer. Get a job and invest what you can afford. Invest 5, 10, 25, 50 dollars a month in passively managed S&P 500 ETF or Nasdaq 100 ETF. Just Google which ETF has the lowest fee like around .04% fee.

work

Index funds

Here’s my boring answer. Get a job and invest what you can afford. Every month Invest 5, 10, 25, 50 dollars or higher in a passively managed S&P 500 ETF or Nasdaq 100 ETF. Just Google which ETF has the lowest fee like around .04% fee.

Find something you can make decent money at, put in a lot of hours, be frugal, avoid lifestyle creep (which is make more, spend more), live within your means and save your money. The first 100K might be tough depending on your situation, but it does start to compound rather quickly. I recommend finding a good way to track your finances in one spot. I used to use Mint, but that shut down, so now I use Monarch Money. I was around 200K in net worth when I first started tracking in 2018, now I’m just shy of my first million.

No one can time the market. If psychologically it makes you feel better, cost dollar averaging makes sense, but your total return will probably be less than

Can't time the market.

Strongly disagree. It will be up another 100% from where it is now by 2030. Yes, I’m talking 10,000+

​@@DJSolisticaof course. But it's probably gonna drop from current price by a good amount before then. In the long term, it always goes up

DCA in. None of us ever know what the market is going to do.

I buy every week no matter what. It's worked out great

More like 10% but yeah

And sometimes less for over a decade. Depending on the decade

@@hai.zzzzzzit’s averaged just over 10% a year since inception. That’s including the -30% years. Time in the market.

@@Proto6789Yep. Average recession is 2 years and on average we have one every 10 years, historically speaking anyways. Who knows!

Noone knows what the future holds. Usa situation is changing, specifically with all the debt. But holding for more than 10 years will definitely come back with profits

How?

@@oskartheme5233 see dr. Nate hagens and his series “the great simplification”. The effects of relentless expansion of the economy.

VOOG, VOO, VTI, VUG, SPY etc. Buy the ETF. Vanguard has the lowest fees and you can buy dollar amounts like $50 or whatever. That is what i did for myself and my kids.