Why Saving Money is a BAD Idea
3:29
3 жыл бұрын
NJ Minimum Wage - Increase for 2022
1:46
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@jamesellis5301
@jamesellis5301 2 ай бұрын
Very nice video , thanks.
@ireland278
@ireland278 6 ай бұрын
Not good
@101fhsboy
@101fhsboy 7 ай бұрын
Liar
@DerekMurphycreativindie
@DerekMurphycreativindie Жыл бұрын
Looking back you nailed this
@nastynate4481
@nastynate4481 Жыл бұрын
I still have open positions is there a way to sell specific shares that were bought more recently?
@michaelman4473
@michaelman4473 Жыл бұрын
Last in, first out
@gloriamitchell3518
@gloriamitchell3518 Жыл бұрын
Very helpful,
@noob_robo659
@noob_robo659 Жыл бұрын
Isnt it same as FIFO? Noob question
@saifudinsaleh
@saifudinsaleh Жыл бұрын
Looks like i cant choose Specific lots on Mobile IBKR
@maheshpandya8892
@maheshpandya8892 Жыл бұрын
Good video thanks
@MrMoneyMindset
@MrMoneyMindset Жыл бұрын
My pleasure, thank you for the feedback!
@MrPerezOP
@MrPerezOP Жыл бұрын
Great video! I think it gives a lot of beginners a nice walkthrough!
@pnc1358
@pnc1358 Жыл бұрын
You forgot inflation bro
@leeloxleigh1471
@leeloxleigh1471 Жыл бұрын
I agree
@tytraulich4987
@tytraulich4987 2 жыл бұрын
It’s not 5x. That would bring milk to 19 ga
@johnnyvegas4583
@johnnyvegas4583 2 жыл бұрын
Can't get Tax Optimizer to open on Windows 10 even after reinstalling Java. "Security Exception: null"
@MysticHealingChronicles
@MysticHealingChronicles 2 жыл бұрын
I'm new to stocks.. do we have to purchase 10k worth of bonds or will it make a different interest rate wise if it's less than 10k?
@geminirants424
@geminirants424 2 жыл бұрын
Technically the US dollar has always been worthless.. The more Africa does better, the more America will collapse . And America is bound to collapse. And they know this, this is why no American never really tried to help Africa.. China has always been more smart than these European nations.. Honestly though I don't care.. This is what happens when you build a country on evil and oppression of the whole world.
@patel.8598
@patel.8598 2 жыл бұрын
Hello sir
@patel.8598
@patel.8598 2 жыл бұрын
I am Indian I want to trade in usa but I don’t get demet account so please help mee request you sir please
@pJunies11
@pJunies11 2 жыл бұрын
Hello Haris! Question: how often does one put money in there chosen stock, is it every month, or one lump sum a year, every two weeks? Thanks In advance, love your videos! Keep them coming please
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Hey Laporshia, thank you for the feedback, I appreciate you! It's completely up to you how frequently you want to dollar-cost-average. I personally tell myself I will buy every single week, preferably on a day where the market is trending down (cheaper). Other people might buy once a month, and some people swear you should do lump sum. To be on the safe side I buy as frequently as possible so I'm not in a position where I go "all out" buying stocks and then the market tanks... So it's completely up to you. If you have a job and participate in a 401k, that's also one way to put money consistently into stocks throughout the year. I hope this helps but if not feel free to reach out!
@bleb87
@bleb87 2 жыл бұрын
He is doing it again. He does it like every 6 months.
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
fame and wealth make people volatile
@josephcarpenter9203
@josephcarpenter9203 2 жыл бұрын
ρɾσɱσʂɱ
@jeffordcrispo1744
@jeffordcrispo1744 2 жыл бұрын
Is Fidelity open for non US ?
@ahmedestate4623
@ahmedestate4623 2 жыл бұрын
did you got any answer ?
@brucehazen8982
@brucehazen8982 2 жыл бұрын
No comment
@mvann5
@mvann5 2 жыл бұрын
When I was trying to save the confirmation page, it disappeared. I think I did manage to save it as a txt. I did not get to print it out. What can I do? Also, if I want to add beneficiary after the fact, can I? Must they live in this country and have a SSN? Thanks!
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
You should have gotten an email with all the confirmation info as well. In addition you could always sign into the portal and see the pending order/security purchased. And yes you can add a beneficiary after the fact, I don't remember if they need to have an SSN but I would assume so for security purposes. You should see it when you sign in and select the I Bonds and try to add a beneficiary. Hope this helps!
@ldstiesto
@ldstiesto 2 жыл бұрын
Great video buddy 👍🏽👍🏽
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Thank you so much for the feedback! I appreciate it and hope you found it helpful.
@momtalksbudget617
@momtalksbudget617 2 жыл бұрын
I purchase some, you think good idea to buy more?
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Awesome! In the environment we're in, cash is King and so are I-Bonds. A lot of growth and dividend stocks have fallen substantially too - there are opportunities everywhere. But for 0 risk, I-Bonds aren't a bad idea
@momtalksbudget617
@momtalksbudget617 2 жыл бұрын
Great info any others apps your favorite?
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
I love using M1Finance for buying pieces of multiple stocks with 1 click of a button, Merrill Edge for long positions. But I find Fidelity to be the best of both worlds :). Do you recommend any?
@momtalksbudget617
@momtalksbudget617 2 жыл бұрын
Yes we need this 😂 nowadays people have no idea how to write a check 😂 yes u need a good pen…. How about red gel pen? 😂
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Hahaha yes - red gel would definitely stand out! I'm crazy about the black gel ink pens. They write very solid and clear.
@glamgirlbudgets6355
@glamgirlbudgets6355 2 жыл бұрын
Thanks for this video!
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Glad it was helpful! Thank you for the support!
@GrassLover9
@GrassLover9 2 жыл бұрын
quick question to see if you can answer, if i invest 1,000 dollars. how often do i make the 9.62% interest? will i make that per year? per half year? or have to wait the whole 5 years?
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Hey Justin, You will earn 9.62% for the first 6 months (so $48.10) and based on what ever the CPI reading and I Bond interest rate is determined around November 2022, that's what you'll get for the next 6 months similar to how we just calculated the first 6 months. You can then take out the money after a year ...just know that there's a little interest penalty if you do take it out before 5 years.
@codysullivan8252
@codysullivan8252 2 жыл бұрын
Alright I subscribed. Keep me learning!!
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
You got it brother!
@dynamics9000
@dynamics9000 2 жыл бұрын
This is one of my favourite Channels, Love all the contents. SUBBED and LIKED ! a fellow creator,,,...
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
I appreciate it! Love your content as well, very interesting perspective on your geography.
@johnlupo3919
@johnlupo3919 2 жыл бұрын
come up for air!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
That's the spirit!
@Godsdaughter530
@Godsdaughter530 2 жыл бұрын
Is it wise to buy them now in May I heard others say you should only get it in April or Nov
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
In my opinion, late last month (April 2022) was a great time to buy them because you knew EXACTLY what to expect for the next 12 months (7.12% and 9.62%). I think now is the next best time... since you're locking in 9.62% for the first 6 months. We won't know what the "next" 6 months yield after that until later in October 2022, but with rising rates so quickly I think inflation will only come down by then so it is probably best to put these 6 months to work sooner rather than later. Again, this is just my opinion. I heard several people wanting to wait until later in the year too.
@Anthonydaxis
@Anthonydaxis 2 жыл бұрын
I am a bit of skeptic, <-yet I'm familiar with a lot of elements of BTC. So, let's make few things straight - BTC is an investment asset - like gold, it's scarce, but it's easier to acquire it and big players like pay-pal and grayscale are holding it, same with a lot of banking institutions, hedge funds and masses of people. Self-host wallet btc owner whales have a hard time selling it without doing KYC and in some cases, this can wreck them financially. People lose access to their btc wallets which makes that btc frozen for all time. The Hype and FOMO is on the rise and most people only buy and hodl with btc. I mean you have to understand that normal stock market fundamentals don't apply here. It's not a 2017 - 2018 scenario. The regulation added to BTC can actually even make it more desirable (although have a minus). Basically, anything that could stop the mooning of btc imo would be extreme regulation restrictions and also better investment opportunities discovered by btc owners. However , it’s is best advice you find a working strategy/daily signals that works well in other to accumulate and grow a very strong portfolio ahead. I have been trading with Mr Roy Gillies daily signals and strategy, his guidance makes trading less stressful and more profit despite the recent fluctuations. I was able to easily increase my portfolio in just 4weeks of trading with Roy Gillies daily signals growing 1.5 BTC to 6.7 BTC. His daily signals are very accurate and yields a great positive return on investment and is available to give assistance to anyone who love crypto trading, you can contact him on T ele gram......@Roygillies /What'sapp.✙17278883790.
@Kewaru
@Kewaru 2 жыл бұрын
My personal goal is financial freedom. I've been into bitcoin for 4 years and spent that entire time only buying. Since I got to Roy Gillies my mentally totally changed.
@jasonbaoloy6061
@jasonbaoloy6061 2 жыл бұрын
Trading without a good strategy and proper risk management system in place is just as you gambling. Trade with Mr Roy, he is transparent, well experienced and non arguably the best account manager out there.
@kras3k
@kras3k 2 жыл бұрын
That's amazing. It's actually good to have a healthy skepticism for anything new. It's important to DYOR so people understand exactly why crypto has such an amazing future. I'm glad you came to that conclusion .
@tylerpaul4402
@tylerpaul4402 2 жыл бұрын
Roy Gillies taught me how to implement his awesome daily trading signals. I entered with 2.6 Btc and gained up to 4 BTC in few weeks..
@rohforfun
@rohforfun 2 жыл бұрын
Thanks for the explanation. Another Q: does the interest earned during 6 month timeframe is reinvented for following 6 months cycle? What I mean is 10K invested in i-bond has compound interest or after each 6 month cycle, interest is transferred to your bank account?
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Hey Rohan, yes I believe it is self-compounded on a semiannual basis. Based on a recent conversation with Treasury Direct, "the redemption value of the bonds will not reflect any interest until the fourth month following issuance"... so according to this, it will not be auto-deposited in your account. Instead, your I-Bonds balance will reflect interest about 4 months in arrears, and you'll be able to deduct your principal/interest after 12 months (and since this is before 5 years, you will forego the last 3 months of interest).
@rohforfun
@rohforfun 2 жыл бұрын
@@MrMoneyMindset Thank you! Assuming this is self compounding... It almost seem like parallel track to IRA, 401K on a smaller scale? If a person keeps depositing 10K for 10 years and run into this 9.62% (adjusted every 6 months per inflation), this hypothetical guy is going to get 9.62% on entire 100K (on this 6 month cycle) plus all the interest it accrued in last 10 years? Seems like a big piece so wanted to double-check my understanding... I watched 10-12 videos on i-bonds and no one says anything about compounding so I am having seconds thoughts...
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
@@rohforfun Yes but I think it is highly unlikely that inflation will remain 9.62% for 10 years - this would lead to a very long, bad recession and people would simply not spend money. The other point I mentioned is, if you're making 9.62% return on 100k on I Bonds in 10 years, that doesn't make you rich - because the buying power of your $100k has also diminished by 9.62%. It's really just preserving your buying power by matching inflation. So it makes sense right now, maybe from Late 2021 through Early 2023... after that Inflation might be much lower in my opinion.
@illcitydiaries
@illcitydiaries 2 жыл бұрын
Great contact & info brother !
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Thanks brother!
@ronie1337
@ronie1337 2 жыл бұрын
Thank you.
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
My Pleasure Ronie!
@tinat1404
@tinat1404 2 жыл бұрын
Is the 9.62 for the 6 months? Or are you earning the 9.62 each month? So is that why it is wise to purchase it before May?
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Hey Tina, great question. It is only for 6 months, effective May 2022. It is *wise* to purchase before May because through the end of April 2022, the rate is 7.12. So if you buy in April, you KNOW you're locking in 7.12% for the first 6 months, then 9.62% for the NEXT six months. (8.37% average over 12 months). If you wait until May to buy...you're locking in 9.62% for the first 6 months but who knows what you'll get for the NEXT 6 months. The advantage right now is you know exactly what you'll get for the next 12 months. If you wait until May, you only know for the first 6 months, until that next rate is determined around November 2022. Hope this helps
@momtalksbudget617
@momtalksbudget617 2 жыл бұрын
New subbie! Great content i actually purchased ibond today and doing more research. Thank you for sharing
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Glad to help! Love your content as well and I think I bonds are a great way to diversify (with minimal risk). You can also purchase I Bonds for children (if that helps your research).
@wrubiox1492
@wrubiox1492 2 жыл бұрын
So are we getting 7.12% every month or is it 7.12% over the 6 months?
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
From one subie man to another, 7.12% for the first 6 months and now we also know it's going to be 9.62% for the NEXT 6 months. So as long as you buy in April, this is how it'll play out (Averaging 8.37% over a 12 month span)
@wrubiox1492
@wrubiox1492 2 жыл бұрын
@@MrMoneyMindset dope thx man
@pJunies11
@pJunies11 2 жыл бұрын
Thank you!!
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Glad to help Laporshia!
@arigutman
@arigutman 2 жыл бұрын
Solid video, thank you for sharing.. I think dividend investing is one of the best strategies to deploy regardless of the market conditions, but especially during the conditions in which we are experiencing that require strong fundamentals and value. Investors need both patience and consistency, but long-term value investors will ultimately make out well during these conditions!
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Well said, and thank you for the feedback! I think they're great for most types of investors in general, at least from a diversity standpoint.
@frankmantione3268
@frankmantione3268 2 жыл бұрын
I set up my account. When you buy the bonds does the treasury dept. Send the bond dirrectly to your home? Thank you so much for your help. Frankie long island
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Hey Frank! The bonds are electronic so you will see them on your treasurydirect account within a business day as soon as it settles. These do not get mailed as they are no longer physical. Everything can be handled through the treasurydirect portal.
@hivepink619
@hivepink619 2 жыл бұрын
Greeting everyone!!! Staying calm through the daily market price changes isn't an easy feeling to bottle in, With the current price I will advise investors to trade before the bull run, as I still strongly believe BTC is going to enter the $70kÚSD record before year ending, although that's my personal opinion. A lot of my friends who are holders are currently going crazy over the sudden drop in price and a follow up rise. Firstly, you aren't supposed to be emotionally entangled with the market charts / price. This is a good realization I worked towards correcting early last year, so it was never second-guessing when an opportunity as crypto trading came my way. With much energy channeled into trading bitcoin daily with the guide of an expert Mr. Rowe Edward, my portfolio went from approximate 3.2Bit coin to 18.4Bitcoin within a year. I will always suggest to newbie’s or old holders, Trade with an expert! It is truly easy, only requires your time and guide with a mentor like him. You can reach Edward via telegram : @EdwardRowe
@Michael5627
@Michael5627 2 жыл бұрын
Working with Mr. Edward has really changed my life a lot, it got to a time I almost gave up on trading but he gave me a chance after I invested with him the profit keeps on coming. I'm so happy
@Michael5627
@Michael5627 2 жыл бұрын
Working with Mr. Edward has really changed my life a lot, it got to a time I almost gave up on trading but he gave me a chance after I invested with him the profit keeps on coming. I'm so happy
@canokmene8982
@canokmene8982 2 жыл бұрын
I just want to use this medium to appreciate this amazing trader Rowe Edward. Keep up the good work Sir.
@sedovale7698
@sedovale7698 2 жыл бұрын
Accurate trend prediction is key to successful trades and clearly that's no beginner thing. I don't know much either but I make a fortune trading through Mr Edward and his market experience have profited us both a lot.
@thulatoria6304
@thulatoria6304 2 жыл бұрын
I also work with Rowe Edward strategy which has proven effective and highly profitable across different platform
@arigutman
@arigutman 2 жыл бұрын
Great video, when I look to invest into dividend investments I typically begin by sifting through the Kings list (50+ years of dividend payouts and increases), from there I move to the Aristocrat list because I will certainly take a solid company with a track record of dividend payments over 25+ years too!
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Thanks! Absolutely agree, Dividend Kings have an even better track record of reliability compared to Aristocrats. Absolutely impressive how some companies like MMM are not only Dividend Kings but the yields are pretty solid too.
@huntdividends
@huntdividends 2 жыл бұрын
Love those aristocrats and the kings are excellent! $JNJ, $LEG, and $LOW some I like quite a bit long term
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Love JNJ! Fingers crossed for their earnings in the AM. The first of the Q1 pharma earnings.
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
thumbs up for guaranteed dividend stocks? Here's a list of all 66 of them: docs.google.com/spreadsheets/d/1AJq3nkNUiZVTOD41YUl9kxyOtapVP533q8oxrpfFO5Y/edit?usp=sharing
@michaelbrennan7148
@michaelbrennan7148 2 жыл бұрын
Thank you. Very helpful. I have been trying to tell my family friends and Co workers about I Bonds. How to purchase and good place to make some interest on their cash. Take care.
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Absolutely! Yeah, spread the word - this is a no brainer!! Thank you for the feedback.
@ljrockstar69
@ljrockstar69 2 жыл бұрын
How long do you have to keep the ibonds?
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
At Least 1 year
@ljrockstar69
@ljrockstar69 2 жыл бұрын
@@MrMoneyMindset thank you, I feel like I need to get into this, but the deadline is may 1? I love your channel it's so informative.
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
​@Decipher Code I appreciate your support! No deadline, but if you buy your I-Bonds in April you know you’re locking in 7.12% for the first 6 months and 9.62% for the NEXT 6 months. That’s basically a guarantee of 8.37% interest over the next 12 months, and then you can take it out of course. If you wait until May-October to buy, then you get that 9.62% interest for the first 6 months but we don’t yet know what the inflation/interest rate will be for the next 6 months after that. So the choice is yours, but if you buy in April you know exactly what you’ll have in a year’s time. If you wait until May, you only know of the 9.62% for 6 months, the next months is unknown. It could be up or down, but it’s still unknown.
@ljrockstar69
@ljrockstar69 2 жыл бұрын
@@MrMoneyMindset sounds like a great deal 👍🙌
@ljrockstar69
@ljrockstar69 2 жыл бұрын
I forward your video to my friends, it's so comprehensive tutorial.
@raddadization
@raddadization 2 жыл бұрын
thank you. Can i purchase 10k for my personal and another 10k for my llc?
@MrMoneyMindset
@MrMoneyMindset 2 жыл бұрын
Yes you can purchase separately for your personal and each individual business entity - it has to be in a separate account though. So when you're opening a new account, step 1 asks you if you are an individual, corporation, partnership, LLC, etc. That would be where you select LLC. Thanks!