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@lilsaint91 25 күн бұрын
so what age range would you recommend retiring at?
@zerogravityindicator 3 ай бұрын
Got a 2021 Prius at 0% from a dealer who only sells at MSRP, no mark up.
@celestialtl 3 ай бұрын
Good job with your comparison
@DubtownMob530 4 ай бұрын
I filed taxes for 2020 but I have not filed my 2021 taxes and I have to do it due to finincial aid reasons that they need the information for that year to add to my finincial aid. But taxes after 2021 I have filed ass well. But I wanted to ask is there a way you can check how many stimulus you have gotten and if not how many you can still qualify for up to now?
@deeMarhol 4 ай бұрын
How did you find your investment property?
@blakespower 4 ай бұрын
oh cool thanks for explaining, cash back is better
@JamesRouse-p4w 5 ай бұрын
Its a bunch of bullshit
@AndreevM 5 ай бұрын
Does anyone have an experience of opting out CA SDI based on religious exemption?
@Blessed-q3c 5 ай бұрын
Hello so i need help filling out 2021 1040 form for my stimulus check.also i did not work on 2020 or 2021.i have heard to just type 0,0,0 and then write down the amount of the stimulus check 🤔
@franklyauspicious6657 6 ай бұрын
Why do you start the video talking about adding a dependent if the video is supposed to be about receiving a forgotten stimulus check? I forget to cash my stimulus check. It expired. So now I want to amend my taxes so that I can get that stimulus money. However I don't know what to put on the form. I didn't make any money. I just put 1 dollar the year I filled and received the stimulus check. Do I put 1 dollar again.
@RosE-ic8yw 6 ай бұрын
I agree dont tell people your financial business!!!!
@Raymondjohn2 6 ай бұрын
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
@martingiavarini 6 ай бұрын
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
@bob.weaver72 6 ай бұрын
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
@TheJackCain-84 6 ай бұрын
I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?
@bob.weaver72 6 ай бұрын
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@TheJackCain-84 6 ай бұрын
I am on her site doing my due diligence. She seems proficient. I wrote her an email and scheduled a phone call. Thanks for sharing
@Raymondjohn2 6 ай бұрын
I paid up all my mortgages in 2yrs while working with a Financial Adviser. I’m 50 and my husband 54 we are both retired with over $3 million in net worth and no debts. We got to realize that the secret to financial freedom is making better investments.
@TheJackCain-84 6 ай бұрын
That is so amazing, I’m trying to get onto the investing ladder at 40. I wish at 55 I will be testifying to similar success..
@martingiavarini 6 ай бұрын
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
@TheJackCain-84 6 ай бұрын
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@martingiavarini 6 ай бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@Raymondjohn2 6 ай бұрын
Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
@martingiavarini 6 ай бұрын
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
@bob.weaver72 6 ай бұрын
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
@TheJackCain-84 6 ай бұрын
I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?
@bob.weaver72 6 ай бұрын
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@TheJackCain-84 6 ай бұрын
I just copied and pasted her full name on my browser, super impressed with what I've seen so far. thanks for sharing!
@RhondaPoole-o9q 7 ай бұрын
I need help to sign up
@KennysLegoVideos 7 ай бұрын
Thank you so much! Going through this right now. You are correct about lenders increasing the loan balance.
@alexmlo1 7 ай бұрын
Why would you say its not a good idea to roll the closing cost fees into the new loan? Im not going to stay in this loan for 30 years....I will probably refi at some point in next 10 years. I would be saving money no in the end no?
@davidmaloney5901 7 ай бұрын
Refreshing video. Down to earth and real. This guy makes sense. I subscribed.
@jaguaresed 8 ай бұрын
Really informative video watched it again and i am apliyng all the info in my daily routine
@Sivorom404 8 ай бұрын
Bro, you spent 30 k on a car. I turned off your video youbarebnot frugal.
@aksuarezjd 9 ай бұрын
Good video and good advice. Yet, since you brought up that the mortgage company/bank did not send you a letter, all red flags and alarms went off in my head, so I wanted to give you these two cents. You should have received a small check ($50-$400) in the mail up to 90 days afterwards since the payoff balance never matches when they get your money and clear the account (and remaining escrow). That check comes with a letter, nice or not, that will inform the payoff. And, also spills some warnings to protect themselves, like they won't pay your escrow or home insurance because the escrow is closed and now is YOUR responsibility. Nonetheless, is uncanny that you did not get any letter with a check, small or large, very inlikely that the day the last payment cleared the money was perfectly matched. Since they were silent, here is my concern (as a retired attorney who heard many horror stories); The county tax office always had you are homeowner, even when the bank had the note, but, hidden from people and the website, there was a lien....Go to the county's tax office in person and ask if there is still a lien on the property. The bank needs to RELEASE the lien and the county needs to receive that. And, (back to horror stories), I had a few ask for my help because years down the road (always when a death occurs and we are all in Probate already) they find this out and the bank is out of business or changed addresses, names, closed and was absorbed/sold their wallet to another bank, etc. Just go and check...and get the gorgeous paper that reads NO LIENS OR ENCUMBRANCES...this is something you won't find in the website, at least not where I live (perhaps your county is awesome and provides it as a public document to read but is not likely).
@CamillaPsh 10 ай бұрын
Presently, mortgage rates have reached their highest point since the year 2000, spanning a period of 23 years. Considering inflation trends, there's a possibility that this figure might continue to escalate. To provide context, the 30-year fixed rate was only at 5% around this same time last year. Faced with this scenario, the question arises: should I continue waiting in anticipation of a potential housing market downturn before making a purchase, or is it more prudent to shift my attention towards the equity market?
@MarioRo1 10 ай бұрын
Similar to any other investment avenue, the stock market requires a substantial level of expertise to sustain profitability. While my approach has predominantly involved buying and holding stocks, my portfolio has been in a state of decline for a considerable period. Achieving substantial gains necessitates consistency and the periodic restructuring of your portfolio to adapt to market dynamics.
@OlgaRusov 10 ай бұрын
I believe that holding was comparatively simpler in the 1960s, and the landscape has become more complex nowadays. Those who consistently generate gains in the present era are often seasoned pro. This is why, for the past five years, I've enlisted the services of a fiscal guide. Their expertise has been instrumental in consistently building and managing my portfolio, with an eye toward securing my fiscal
@HakimZakzi 10 ай бұрын
I fully recognize the significant advantages of collaborating with a pro, but thus far, I haven't identified the right one for myself. Could you provide more details about the fiscal guide who has been guiding you?
@OlgaRusov 10 ай бұрын
I've enlisted Stacey Lee Decker as my fiscal guide, and her expertise contributes significantly to the fiscal industry. Acknowledged as a reputable authority in the field, she holds a deep understanding of portfolio diversification. I encourage further exploration of her credentials. With her extensive experience, she proves to be an outstanding guide for those aiming to grasp the complexities of the fiscal market.
@HenriDean 10 ай бұрын
Stacey appears to be really knowledgeable. Her resume, educational history, and qualifications were all quite good when I found her internet page. She will act in my best interests because she is a fiduciary. I thus scheduled a session with her.
@SheilaYilmas 10 ай бұрын
Distinguishing between money management and the accumulation of wealth is crucial, and the educational gap in schools could be a factor contributing to people's challenges in sustaining financial prosperity. The instances you shared are pertinent, and personally, I found value in navigating the market crisis, as I have a tendency to embrace difficult situations rather than avoiding them, a sentiment shared in jest by my advisor.
@HakimZakzi 10 ай бұрын
Earning a substantial income exceeding 450k is incredibly gratifying. While it requires a significant investment of time, the satisfaction derived from the process keeps me consistently engaged. I attribute this financial success to the expertise provided by my guide.
@OlgaRusov 10 ай бұрын
Contrary to my initial expectations, diligent scrutiny of my portfolio's progress revealed a remarkable achievement - a substantial growth of $500k within the last two quarters. This revelation has provided valuable insights into the potential for seasoned traders to yield impressive returns, even in markets that may not be widely recognized. Taking this significant leap has undoubtedly marked one of the boldest decisions in my recent endeavors.
@MarioRo1 10 ай бұрын
I fully recognize the significant advantages of collaborating with a pro, but thus far, I haven't identified the right one for myself. Could you provide more details about the fiscal guide who has been guiding you?
@OlgaRusov 10 ай бұрын
I've enlisted Stacey Lee Decker as my fiscal guide, and her expertise contributes significantly to the fiscal industry. Acknowledged as a reputable authority in the field, she holds a deep understanding of portfolio diversification. I encourage further exploration of her credentials. With her extensive experience, she proves to be an outstanding guide for those aiming to grasp the complexities of the fiscal market.
@ScottRich9 10 ай бұрын
Stacey appears to be really knowledgeable. Her resume, educational history, and qualifications were all quite good when I found her internet page. She will act in my best interests because she is a fiduciary. I thus scheduled a session with her.
@Samuel-y7n7p 10 ай бұрын
I never got no check 's cause I never had no address at thu time i was living in the middle of the woods in my tint and i don't know how to get it or get them so
@donnamilligan1763 10 ай бұрын
What if you didn’t claim your taxes?
@Machismo-t2k 11 ай бұрын
👏👏👏🙂🙂🙂
@anniesshenanigans3815 11 ай бұрын
So all your tips are great, but you should preface this with the fact that you rented it out and THAT is what paid your mortgage. YOU didn't pay it. So the money you put towards it was the extra. This is not really an option for people that only want a place to live. You did say that you 'made' about 7k a year on it. So even with expenses you had a big profit.
@tthai586 Жыл бұрын
I just wanted to share my own experience. I used to use the HELOC method (2nd position HELOC) to pay off my $ 300,000 mortgage in 4.5 years. Yes, the HELOC method works. It is not a scam! Now, I have just bought a 2nd house, and currently I am in the process of converting it to the 1st position HELOC. HELOC is really a powerful financial tool to help pay off the mortgage much faster.
@DavidAntony-gq7id Жыл бұрын
After a terrible 2022, shell-shocked financial backers have a lot to think about and losses to recover from. An expansion report and a wealth of other data did little to alter assumptions that the Central bank would likely keep raising interest rates regardless of whether the economy slows down. This implies that portfolios will experience more losses during the first quarter of 2023. I'm currently at a crossroads deciding whether to exchange my $250k security/stock portfolio; how might the continuous market volatility work to my advantage?
@harrisonjamie794 Жыл бұрын
Concentrate on two main objectives. First and foremost, keep yourself safe by knowing when to sell stocks to reduce losses and maximize gains. Second, prepare yourself to gain from a market turnaround. I advise you to seek the advice of a representative or financial counselor
@DavidAntony-gq7id Жыл бұрын
@@harrisonjamie794 In fact, ever since Coronavirus, I've been in regular communication with financial examiners. Nowadays, buying moving stocks is quite easy; the trick is knowing when to buy and when to sell. The section and leave orders for my portfolio are made by my counsel. accumulated more than $550,000 from a $150,000 savings that was initially stale.
@harrisonjamie794 Жыл бұрын
@@DavidAntony-gq7id Please provide the information for your investment advisor here. I really need it now.
@DavidAntony-gq7id Жыл бұрын
@@harrisonjamie794 She is KRISTIN GAIL CUNNINGHAM , my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.
@harrisonjamie794 Жыл бұрын
@@DavidAntony-gq7id sincerely thank you I looked her up on the internet and was awestruck by how qualified she was; I contacted her since I need all the help I can get with canning. I've just scheduled a call.
@lazizshamsiev8907 Жыл бұрын
I agree most of what you said. All these advices are good for maybe 10years. For longer run it will exhaust you and your family. When you accumulated enough, it is better to relax the fugality a bit.
@SylviaTrevino-ci5fz Жыл бұрын
What if you single senior on SSI none filers how can I get some kind of help no children
@whesleysilva6691 Жыл бұрын
I wonder what happened to him😢
@MillennialFinance101 Жыл бұрын
Nothing. Just got too busy with kids and school and life. I’m still reading comments and helping where I can lol
@AlliNW0nderland. Жыл бұрын
Okay! So the refinance is for the remaining balance you have left to pay. So if you paid down your $325k loan to $300k - the refinance will be for the remaining $300k?
@MillennialFinance101 Жыл бұрын
Yes but it can any more too if you want cash back. I don’t suggest refinancing right now as the rates are insane
@AlliNW0nderland. Жыл бұрын
@@MillennialFinance101 oh yea definitely not right now. Just have been wanting to understand the process
@MillennialFinance101 Жыл бұрын
@ajange225 np. The banks will let you get loans up to 95% of property value for conventional. Some products will differ. So if your house is worth $500000 and say you owe $300000, you can get a loan up to $475000. You would get $175000 cash in this scenario and pay a mortgage on the $475000 loan. I would never suggest this. I like to be at 80% loan to value or lower to avoid PMI.
@catrincats3397 Жыл бұрын
Can you do like this with no income for 2020 year?
@MillennialFinance101 Жыл бұрын
Long gone..
@iammisterlyde Жыл бұрын
Well stated- without discipline, there is no grace! Thank you for your insight
@LisaReed-ln2ho Жыл бұрын
This is excellent it's just what I needed
@michaelpho2514 Жыл бұрын
Awesome ideas bro!! I agree with you. But my wife disagrees with my ideas..cheap is my middle name.😂… but we’re doing ok.
@micah1754 Жыл бұрын
Wow properties in America must be pretty cheap compared to New Zealand. Can't get much under 500K here
@talaxee1 Жыл бұрын
Hi, when you add extra money to pay down your loan, does all the extra money goes to the principal?
@ToOpen6seven Жыл бұрын
Yes, it must go towards the principal.
@elainedeedeegonzalez9376 Жыл бұрын
I never received anything,and we are in 2023 i tried to file myself and then i never heard back so i decided to go where they do income tax i payed for them to do it and about 1week later the lady said that i need to go get my money because the irs wrote back saying that my application was already submitted yet that was oct 2021,and never ever received anything not even a ✉️ 💌 letter.
@msdinba Жыл бұрын
My boyfriend and I Also don’t give gifts for birthday. We do one swanky life experience like go to Carmel and stay in a room with a. Ice view.
@khazoury Жыл бұрын
I like you guys! So practical!!!
@tabbysheikh295 Жыл бұрын
Wow. All good i am congratulating you. Y would morgage pple will congrat u. U made them loose so much interest money. Lol
@DavidAntony-gq7id Жыл бұрын
I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me, retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45
@MarcelPhilips Жыл бұрын
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving
@DavidAntony-gq7id Жыл бұрын
@@MarcelPhilips Having an investment adviser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we avg joes don't know
@MarcelPhilips Жыл бұрын
@@DavidAntony-gq7id Who’s the person guiding you
@DavidAntony-gq7id Жыл бұрын
@@MarcelPhilips credits to *MARTHA ALONSO HARA*, one of the best portfolio managers out there. she's well known, you should look her up
@MarcelPhilips Жыл бұрын
@@DavidAntony-gq7id Thank you, I just checked her out and I have sent her an email. I hope she gets back to me soon.
@armandm.2166 Жыл бұрын
Silly question. How do we get different quotes from 3 or 4 lenders without each one doing a hard credit check on you? Is there a way to just get different quotes from different lenders from going through the whole application process for each one?
@01jesusfrk Жыл бұрын
100% agree with your strategy. My husband and I have been doing the same for several years. We paid one house off after 5 years (bought well below our means) and took that equity and built our dream home. We will have it paid off in 2025 for a total of 9 years making payments. We are excited about that. I just recently starting watching the velocity banking videos out there and my mind can’t make sense of it. You are still in debt people using this method! Spend below your means Keep your head down and don’t worry about what the Jones’ are doing. They will still be in debt up to their eyeballs and you get to retire at 55 if you want. That’s the life for us! God bless!
@monicacontreras7534 Жыл бұрын
The bank didn't send you a letter, cause you juked them out of lotsss of money. They were pissed. 🤣 Great job, you did it. Very impressive.
@tammybolick8972 Жыл бұрын
I’ve earned one accident free with Geico. How much should this be considered as I compare?
@mightyfloppers7527 Жыл бұрын
So i should marry you wife...go it!
@yuliyapike669 Жыл бұрын
I loved it! No drama, open honest advice with mistakes included. Thanks for such educstion content.