Do you currently invest? If so, how? Share with me below! If you decide to start investing in the stock market, use this guide to help you realize the best way to maximize your wealth >> bit.ly/31rWZNK

Nice advice again Phil. I think the biggest problem for people is the basic details of where to invest. People want to go to a simple website that is fair and clear. Something that explains where to pay, how dividends and fees are calculated and instant access to follow your portfolio. My money is in my bank account because i don't know where to put it! But man, I am desperate to invest..

Almost done reading Rule #1 and can't wait to implement the strategies 👍

I love all your videos. Keep up the great work!

My game plan is while I'm still working part time and studying in college is to save 5% per paycheck (in a emergency savings) and another 5% goes to xgro in my tax free account. Finally I pay off any full statement credit card bills and bills (cellphone, internet, and etc.) Whatever I have left I just put into a savings account and when it piles up to about 4-5k I use that to pick out individual stocks.

Just came back from Atlanta from your seminar. All I can say is AWESOME!!!!!!!!!!!! My gal pals and I went and we are not only taking a step, but following through. I can't thank you and Melissa enough for all that you're doing for us beginning investors.

As a general rule Phil, you are correct about savings accounts. Furthermore, by investing now, you grow your money for retirement, and if you do the max contribution to something like a Roth, you'll grow your money substantially, granted you pick the right companies. However, your'e leaving out the fact that if you have a liquid savings account,(not a CD), that pays you 2% APY or more like wealth-front or Sofi, Discover, Barclays, and the slew of others out there, you aren't losing money if you're keeping on track with the inflation rate or slightly beating it. Also, you can't possibility put all your money into investment accounts either. People have expenses that need to be paid, so regardless, you'll need a high yield checking account and a high yield savings account, (gets back to your point about an emergency fund as well). Finally, people need to know that putting their money into most banks will lose them money, such as most major banks out there, but the exact details are key to ensuring you don't ruin your financial situation. I will fully admit I'm a financial conservative, coming from a relatively religious family, but even I know that the right companies will make me wealthy over time yet, I still need money in the bank no matter what.

Greetings from Norway!.. just here to say thanks for great podcast as well as youtube!.. they last around 30 min which is perfect for my evening walk with the dog. I’ve now made the choice of becoming a full time investor and looking forward to the breeze! 😎🙃 (Really enjoyed the last buyback episode where your daughter put you in your place a bit with “who told you this!?” He he) So thanks again!.. be well!

best video ive seen in a good while and ive seen alot good videos lately :) good job Phil!

Thank u for sharing ur knowledge.

Thanks for all you do Phil!!! We appreciate it greatly!

Hi Phill .. thanks for your video !! I’ve learned a lot from and your daughter through this channel and the podcast .! However, this clip made me confused because the last year or so you mentioned that the stock market is overpriced. You recommend at least not to put new money in the market right now. You mentioned that great investors have a lot of cash ( maybe in saving accounts) waiting for the right time !? I have money in the market already but since I listened to your advice I started putting money aside in saving account! Can you tell me where i got it wrong if i did !?

I have about 2k in savings (Incase I need cash same day).The rest of my take home cash is in VWEHX (I max out my 401k and Roth IRA every year so I can't put the cash anywhere else). The money in VWEHX is my emergency fund. I chose this investment because it is lower risk then a stock and I didnt want my money to just sit for the reasons you explained on this video. Do you think this is a good approach?

Directly and clearly speaking facts as always!

Still learning about investing but for me it seems like a bad idea to buy stocks right now. Prices look really high right now. It seems to be that saving right now is the best option and use that money when the market crashes. Even Berkshire H. currently holds record amounts of cash. (130b compared to the normal 30b). PS: do you ship your books to Belgium?

Phil, what advice would you have for your fans in Europe? It just seems that starting investing here is way harder than in U.S.

Could we see videos related to the Rule one tool box?

what if you're close to buying a home within the next year or two? I'm keeping the cash toward a down payment in a savings account and investing the rest...

Correct me if I am wrong but right now and throughout the year you have said that you are taking your money out of the stock market and into cash since you think there is a crash coming. This video is not in line with that right?

Great advice! What do you think about saving for a down payment on a house? For example, should one continue to “save” additional funds through their retirement account and withdraw it for the down payment?

AHHH! The dreaded "click bait!" LOL! Jk. Love ya, Phil.

I dont know you would read my comment or not, but watching you giving advice is really comfortable and your way of explaining things is completely amazing.

Phil, could you make a video about other investors beside Warren? How did they do?

Phil, I know individual stocks will get better returns, but for people a little more risk averse / passive are you ok with strategies like the golden butterfly or Dalio’s all weather fund? Thanks!

How can I leverage Roth IRA or Roth 401K to get tax-free returns?

Thank you so much Phil, I waste lot of time about investment. That’s the reason why I am literally focused on individual stocks investment aka Rule#1 investing. I am all in.

I purchase Rule #1 Investing and I love the information is brings. I look forward to a copy of Payback Time when I finish this book. Keep doing amazing work :)

Been trading options, making a couple hundred percent over the last 2 years, and pulling profits to buy silver and gold. Shocked at how quickly it adds up.

What happened to your new MacBook Pro? Keyboard issues? I see you went back to the old one.

hello phil, i am a new investor. i am afraid of losing money. where to look for the sources to invest safetly.

can a guy from other country buy stocks from the usa?

Thanks Phil

Do you have any military lifestyle finance videos or could you make one?

Always knew about inflation and that a dollar today is not equal to a dollar in 5 years. That said, not only do I have an emergency fund, I also have to keep a float of $4000 in my bank account so I don't get charged a monthly fee. I've been considering if I should just pay the $15 monthly fee and invest the $4000 into something. It'd essentially mean I'd have to make 4.5% or more in order to make it worth it, which shouldn't be hard to do.

hey Phil, what you say is usually true, but before a market crash or big financial crisis, everyone should "save money" to go in cash and not invest it now. You said a few months ago in another video "you should consider to exit now" and i perfectly agree, though you re a bit early, as usual, but right anyway ;)So OK extra money should be invested, but NOT NOW. Dont you think?

I have money in a Roth IRA and buy SP500 index funds BUT I put $50 a week in a Vio bank online savings at 3.00 APY.... is that ok or just put that in my index fund too?

What about investing more in real estate. Specifically house hacking and buying multi-family homes?

I just watched another video of yours that says to sit on your money and ONLY invest when the value of the company is way below what it is actually worth. So which is it?!?

i learned about inflation when i was about 15 playing an mmorpg, in game economies teach us a lot about economics

no dude, most online savings account are over 2% now. still not great, but yea it beats inflation for the time being.

Is it money or fiat currency?

Luckily I bank with a credit union, all accounts are compounded daily, paid monthly, savings .75,mm 1.75 and Roth 2.50 daily compounding does miracles,I take advantage of all 3 along with investing

that's good stuff phil i love it lol

I recently liquidated to wait for impending doom.. too risky?

Uploading it the day I've created a savings account. Coincidence? I don't think so.. Nonetheles, it's still better than keeping the money on your day-to-day account, right?

Even the best savings accounts don't pay over 2.5% right now. It's just not enough to fight inflation. Keep your emergency cash there but invest in stocks or rental properties to build wealth long term.

Money in bank sitting is slow decay of wealth due to inflation.... Investing is the best option of growth.

How can you start by investing? I’m very interested in starting but don’t know where to start

Truee

I have been thinking this lately. Interest in savings accounts is pointless.

I'm a little embarrassed to admit that I actually never thought about how the inflation rate is higher than my high yield on-line savings account. I do invest my money but I agree I should take more out of my savings account and invest it and only leave the emergency fund amount

saved some money only getting 0.5% interest want to invest it but not sure if now is right time to invest in stock market.

Great advice as always... it’s well known savings rates are at an all time low, and eroding with inflation. Good to have a % for emergencies or short term goals, and then a % in stocks/bonds... I talk about the compounding effect on my channel :)

You also have viewers in Africa, South Africa to be specific

I've invested as a long term investor for a while. If someone wanted to buy a house in the next 2 to 4 years, where do you recommend they park their money?

But is it a good time right now to invest rather then waiting for the market to crash so that I can invest it at that time so that i can buy low?

I invest between stocks and bonds, and no cash

Hi Phil... how do I start investin ? How do i go about it and what would you recommend I inves in? I don't earn much but I try saving the little that I get. I'm 31. Thanks

Still paying off student loans, and planning on contributing to my works 401k once I start in a few months.

can someone direct me books to learn to invest money please.became debt free me and wife are saving about 7 grand a month after after a very detailed budget. we really want to save money to buy a house in cash as soon as possible any serious knowledge that I can get will be really appreciated. btw I have o knowledge of investing. just good at saving money lol

I just moved my emergency fund to Investors Bank out of NJ with 2.5% money market. As Phil boy says, at least I'm not losing money.

Beat the taxes and inflation!!

I wish I knew more about investing when I first started saving. I would just dump all of my money in a credit union savings account because that's what my parents said was the best thing to do.

True, however bank cannot invest in stocks

Ive got assets and want to invest in gold

some savings accounts have yields over 2%

Putting money aside, waiting for stock market crash - is this saving or investing?

Just keep on parking all in $VTSAX

Phil, when's the next Rule #1 book. I know the basics stay the same but would be nice to have an updated or revised edition. It'd be a best seller, again. :)

I disagree to some extent.. inflation can't beat your savings if you constantly put money into it instead of just letting it sitting idle.

Pay yourself first. A portion of all $$$ you take in is yours and just yours alone. Never stop working never stop saving never stop investing the road never ends

Phil, I'm a struggling 35 yr old single mom w no savings who is going back to college. I have $100 to START investments. I know that's next to nothing, but what would you recommend putting my first investment into?

If you have money, you don't get handouts, the handouts are becoming HUGE. Like the $600 per week unemployment, etc. Welfare is becoming more attractive vs saving money.

Smallcap start-ups, biotech companies and a bit in cryptocurrency

Hello Phil, I have £17600 saved up in a British Virgin ISA account. Is there another place I could have my money In were I will get a good return on it? I really haven’t a clue what to invest in or how to grow my savings in the best way I can. I’m really enjoying your videos by the way.

My mom knew she was dying 3 years ago because of diabetic. She saved up to $10K cash for her own funeral. $3K cash for my little brother car. She told us, she didn't want us to go broke for her funeral.

Sitting on too much cash makes me jittery.

Kind of surprised someone who clearly knows the market is on a big bubble that is about to burst would recommend you to put money in that market... If we weren’t on a bubble that would be good advice, but this video was just posted a day ago, so for me he just lost my trust. He talks so much about Buffet and how we have to follow what he does, well Mr. Buffet is holding onto as much money as he can waiting for this market to crash to then buy all the stock. This video is not necessarily bad advice, but posting it right now is the worst thing you could do.

No I’m still saving

➰🗽

All the dislikes are from people who put too much money in saving account instead of investing.

Instead of saying we should invest tell us what and which we should invest in with a Guarantee that we will make and not lose our investment

Buying gold is it a good idea

LOOOOL YOU'RE FUNNY

Keep my emergency fund in tbills

Bear market coming.

Save bitcoins

save money and wait for the crash.... coming soon

Bitcoin, that’s my investment

buy bitcoin and xrp = early retirement.