Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.

This video is dim :/

so....if i put in $5000, and some wealthy individual put in 500,000.00 in the same mutual investment gropup, what are the chances i see any profitable margins 🤔 ?

Another failed Trump policy

Thank you for the information. I had considered a reverse mortgage. you gave a clear definition of what to expect, and I appreciate the input. I will find another way.

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

When you use a debit card does ir send you a notification on your phone if you made a purchase?

If I had the option I wouldnt have insurance. With as little as I drive and also with as much attention I use while driving it would be someone else who hits me and me not them. Also when you know you are on the hook and dont have insurance you would drive a lot more cautious I believe. With as much rates have gone up under Biden I need to save as much money as I can.

My parents did a reverse mortgage on a house they outright paid off in around 1984. It was about $14,000 dollars. They got a reverse mortgage in around 2008, the value of the house today is around $500,00.00. If I wanted to buy the house (because it is in a very popular tourist town) how do I find out how much I need to pay? I don't know how much my parents get per month but I'm sure it's less then $2000.00/ month? I guess I need to talk to my mom about it and find out what bank they used for the reversed mortgage.

I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money

As soon as he mentioned Naxos he lost all "credibility"😅 and understanding I had for him🤣 NAXOS DEFINITELY DESERVES ALL THE HYPE... NO CAP AT ALLL👌🏾

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

just joined a credit union and am so proud!

Here in 2024 thinking, damn this video is 3 years ago.... no way any place is that cheap, maybe renting with a roommate. My rent is 50% of my take home because rent is expensive and I prefer to live in a nicer house. But my monthly is not always the same every month. The reason it cost 50% is because rent increases every year but moving cost more then paying a little more a month. To those that do not know, you can ALWAYS negotiate rent when it's time to renew. Look up comps in your area and price them with what you pay (same rooms, sq ft, bathrooms ect). If you have been a good tenant though with little to no complaints and let them know when a maintenance order was needed without fault of your own. There are so many factors. Kindness goes a long way when asking to negotiate. $25/hr now is NOTHING in 2024 with inflation 😢

Subscribed!

😢why is the other ins. Company asking me for aductable

Baby Boomers just want us to pay 50% of our salary into their rent...

Where do I start ?? What kind of account do I need to open for this ?

Congrats on paying the student loans off. if you continue to use a credit card, your not debt free. From the moment you swipe the card to the moment you pay if off, your in debt. It’s that simple. You knew good and well you wouldn’t get accepted to do a debt free scream, so why did you apply at all? The real reason please. Also, your cars are paid off too? No disrespect intended. You did a phenomenal job. Lastly, you said in your video the number one thing with identity theft is credit card fraud, so why in the bleep would you continue to use them? It makes absolutely no sense to me.

Is there any chance to lose my money after I invested to money market account?

I use to rent before to people for 3,000 for 6 months when they come over seas.. but NEVER again they ruined everything

How many days or weeks to complete the consolidation? Is there a fee to consolidate the loans?

Reverse mortgage sucks for the heirs you leave behind. I'm 60 but have Li ex in my father's house for the last 2 yrs. Now he has died and I have 90 days to find somewhere to live. It sucks!

A lot of problematic advice: 1. Apartments vs Condo: That's just not true. Most condos in major cities are owned by individual investors who may not live in the the same country (a lot of Toronto condos are owned by random Chinese investors). They absolutely do not care about making sure you're taken care of, you're basically just there to generate cash, and even if you move out, condo appreciation is enough for them to not care. Apartments make their money directly from the rent you pay, and vacant units are bad for business. Condo owners make most of their money through appreciation, and can easily switch to AirBnB if needed. They also don't need to worry about getting a bad reputation because people rarely associate complaints with the condo owner (they usually just complain against the building). 2. 30% rule: That rule is gross income, and not net income. 30% net may work if you have a car, but often times, you can spend more in rent and not need a car at all, which would save you a lot more money.

When are people going to finally understand that all Dave Ramsey has some good things to say about money, the foundation and most of the things under the umbrella are loaded with personal Kool-Aid?

I am exactly at that stage of life and have no children or anyone to leave my home to except my cat😂 sounds like a pretty good plan to me I would like to live out my life without struggling and maybe have a little Joy and fix up this place!

Whats is the freaking point of paying everything on absolute time if your credit score still drops 🤦🏻‍♂️ no negative inquiries or no open collections. 100% on time payments and yet drops 1-2 point every month. This is just another fraud

Whatsa a revenge mortgage? !

Do you know anything about the MCC SmartTax? So we have to participate in taking a class & counseling to get the Certificate for this?

RM is a scam. Don't do it people!

How about just cheking peoples income, like they do everywere els in the world. Having to borrow money to get a Credit score so you can apply to a house lone later in life is just retarded.

Too good😍, thank you so much!

Thank you for sharing such knowledge and easy to understand for someone that is not knowledgeable like my self.

Looking for a mortgage home tax professional to help me with taxes And save money for the future You have any suggestions

Thanks for this! How is a money market account different from a HYSA?

Her voice is high pitched and with a heavy accent. I have tinnitus which makes it hard to hear high pitched voices. I listen to all my videos while driving.

as a young person who made the video, i cant fault you for your view. but you dont walk a mile in the shoes of potential older viewers. imagine being in a home where you have half a million dollars of equity, but paying the existing mortgage or the expenses related to living there takes up all your income. your life is austere, the drudgery of the monthly routine is the same because you have no money to travel or spend time with far away family, or do that one project you always dreamed of. but your sitting on a gold mine. in 15 years, you will be too old to do many of these things. so how do you want to spend the rest of your functional life? what is the point of taking the wealth of your real estate to the grave? crossing the finish line with lots of money is only a good thing if you have someone you want to gift it to. my parents did that, but i would rather have seen them enjoy life more in the final decade. now its my turn.

Where I live it is hard to find a one bedroom apartment for under $2000 per month. Which means in order to follow the 25% rule, you would need a take home pay of $8000 per month. Using the Smart Asset calculator that would be about $144,000 annual salary. Good video, but it is just not realistic in many parts of the U.S., especially for single income people.

Much better than any banks!

This is a very stupid way to have to live your life.

Aplicatia Google Pay😮

hey i got money how to invest in AI game industry and entertainment

I had a mortgage balance left on my mortgage I became disabled and was on a fixed income. When my taxes became higher than my principle payment I cut end ran. I hate property taxes they only paid for my garbage pick up. The fire dept. was volunteer the roads were county maintained and double frontage caused them to be more. But the garbage pickup was horrendous too. It was the school taxes that were extreme and I had no kids in school? Why not tax the people who use the service to pay for that? But now I actually have a disposable income in another state. 😜. Take that New Jersey you corrupt mother F'er. The civil service pensions are onerous as hell...!!! There over compensated as sh!t and there's a Cost of living increases every year!!😡

Great video. However, in your summary you mention people getting a reverse mortgage to go on vacation or buy a new car when in reality most people I’ve known to get a reverse mortgage do so, not for frivolous things but, simply because it’s getting too expensive to live due to inflation growing faster than their available retirement income. Most retired folks are on a small, fixed income that does not increase year over year at the same rate as inflation. For those people, especially who don’t have heirs or family helping them, a reverse mortgage is a great option.

The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

What is the prosse to become member of the credit union?

How can I get the money from you credit union

Finished BS2 last week! Now onto BS 3

Are there penalties for selling or pulling out

Thank you so much for this helpful information, as a 21 yrl old who just got a car , I wish they would teach these things at school.