I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Louise O'Brien.

How come MSCI World Index didn't make this list? I know US investors have home biasness but there's no Index fund like MSCI World which can provide both returns and safety net in terms of diversification in all sectors and regions.

To obtain financial freedom, one must either be a business owner, an investor or both generating passive income particularly on a weekly or monthly basis. That's the key to living financially stable...

I sometimes wonder how successful investors manage to accumulate enormous wealth from their investment endeavours because I am an avid investor. I currently have equity from a recent house sale that exceeds $545K, but I'm not sure what to do with my money next. Is now the right moment to buy stocks, or should I wait for a better opportunity?

Keep doing these. Very informative and entertaining!

Still waiting for how much i need to have saved when im 2024

If you can’t pay for the car with cash and have to finance it, you obviously can’t afford it…. Period.

Very similar to M&S as well as Waitrose in the UK

People don't even blink at these prices anymore but I remember when a coffee and croissant was under $10! 😭

Thank you for the video. I bought both VFIAX and FNILX but my question is how does your earnings compound? Having hypothetically 100 shares of an index fund will only give you profits for those 100 shares. I use fidelity, do they have something to where your earnings automatically get used to purchase more shares of that index fund at the end of the year? Also, what is the minimum time that you can claim your profit to add shares to your account? Thank you!

Good on them. No business should be allowed to expand like McDonald's. The world needs variety, not conquering.

Hey yall, trying to consolidate over here. How do we feel about FXAIX, FTIHX, FSKAX, FXNAX divvied up and forget it?

Now I feel very rich and that I am better off than the King of England 😂

Do you have a way you'd recommend calculating a pension as part of this? Or should I still aim to have my Roth IRA/401k be this high?

Humphrey... for this need, I just created a test portfolio with Portfolio Visualizer. If you put a certain amount into a dividend fund like SCHD, and then set up the test to run with a monthly payment for 10 years, you can see what it takes to go on autopilot. I LOVE this. You can put the worst 2 years of returns up front in the simulation, and see how much cash is left at the 50th percentile outcome at 5 or 10 years. I'm just going to put in enough to cover the mortgage for 5 years and set and forget it, for the 50th percentile, using either just a dividend ETF or maybe a 50/50 SCHD and treasury bond ETF mix. That's basically creating an annuity for oneself. I can decide in 5 years what to do, depending on how the portfolio overall did. This minimizes taxes, as the portfolio is in an IRA. THe mortgage is a 2.75 percent mortgage. Better to let it ride than pay 30 percent in taxes and IRMAA on a big mortgage pay down. This is for a second home. We may or may not keep it, so why pay it down and incurr a huge tax bill. For me, it's about the taxes, not the mortgage rate.

Right on track. Always been diligent. Bought used cars. Made sensible real estate decisions. Stayed clean n sober. Married carefully.

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

Are there any ETFs based off the 50 Dividend Kings?

I make $100K a year, have $400K in my 401K and have $300K equity in my house, which is over 2x what I owe on the mortgage. I own two Honda cars with am average mileage of > 300,000. I paid a total of $2500 for both in cash.

With an index fund, do you have to reinvest the dividends?

Go to Melbourne Australia. $20 is one large latte and one crossiant 😂

We have one income, $300,000 equity in our house, $400,000 in my 401k, $0 debt other than the remaining payments on our mortgage and $30,000 in the bank. We have two 20-year-old Honda cars that we own outright, one has 200,000 miles, the other 400,000. We don't get eaten up by comprehensive insurance, we don't have payments on leases, and we probably save at least $1,000 a month compared with buying new cars and trading up every few years. If a car gets a dent, no problem. We feel free as birds.

Loved every second of my watch to the very end. You are a great teacher. I’m 46 and own a small business with $380K in savings. But I'd still love to grow my investments ahead of retirement. Do you mentor others? Really need some guidance to financial freedom.

My Bank don’t allow biweekly payment, and can’t remove pmi for the rest is my mortgage.

Pay cash.

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

really random question but where is that little tumbler glass from? i like it

Oh wow.. i bought a used 2023 tesla model 3 for 27k (applied tax refund) with just 5k miles!

Says who? The people keeping us poor? Lol

Government can structure and mess over us however they want, but we better be careful.

I buy gold jewelry for my wife instead and the values go up in time for when she wants an upgrade, there is value there to trade up. Gold bars are useless, I rather buy the benchmark if I just wanted it laying around.

Glad you are taking the time you need! As an English teacher who has used your texts with students struggling with mental health issues of their own, know that "everything you've done" has absolutely NOT added up to nothing. Everything you've given the world has brightened it for us all. We're better for having your voice. Enjoy the month of detox from the toxic wells of the internet.

Dont spend any money , 47% can reach to 100% , simple 😂😢😂

You should've suggested NVIDIA 😂

Lessons 8 & 9 are golden!

Holy shit its all scam comments at the top

Why would someone put 20% down on a car?

I really like that you run actual numbers instead of just 'sharing stories'.

Don’t sleep on VXUS!!!! highly recommend looking into it

I've self-managed my portfolio for 30 years, including 3 Berkshire Hathaway Class A shares (BRK:A) bought in the mid-90s for $17,000 each. I'm now liquidating some positions for new Gen stocks. Should I reinvest in gold? is your strategy enough to amass wealth?

beautiful

Can I have a Roth IRA/401k through my employer and High Yield Saving Account at the same time

Great video. I’m in the process of getting a new car. 😊😊

I was well over the expectation until I decided to get married. Now I will need to start from scratch.

I would love to open a Roth IRA but I can't because i make too much income. I have a 401K through work and I have a traditional IRA from previous 401K rollovers. As of now, any traditional IRA contribution i do not get the tax deduction due to my income. .

Barclays offers 4.35% for their savings account

If you're buying a house for a rental and plan on keeping it ten or fifteen for passive income probably a good idea.

Have created 3 separate investment accounts (brokerage, HSA, & Roth IRA) on top of my retirement account since getting into watching your videos over the past few years. Thanks for your content, got plenty of these from learning what to look for from learning trends & concepts fro your channel

You should plan to be mortgage free at your retirement, because the extra money you would need to pay your mortgage out of your 401k would have a higher tax rate… Living of little money is the key to liquidate your 401k and any big expense should come from your Roth IRA.

Keep it!