24000 a year is 2000 a month. WHO can live on 2K a month with food prices, rent/mortgage utilities ect.. NOT POSSIBLE

I am currently in my 50s and This is no time to taper retirement savings. I want to max out my retirement contributions and I also have another $120k in a savings account that I want to invest in a non-retirement account. Where would you invest this as of now?

Why not combine them? Sounds to me that you want to snowball to avalanche. The first debt with snowball, after thats paid off use that same money to Avalanche. That way you get the psychological start. you feel accomplished when its paid. Once You see it works, you switch to paying off the highest.

This is very irritating. I’m hard of hearing and you don’t offer this page to have closed caption. Why don’t you have closed caption>

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

I can pay all my debts in a snap. Because i have alot of money to throw.

The BIGGEST BS about Dave Ramsey's 12% annual returnclaim for mutual fund is that you need to be an accredited investor to be able to put money in.

You need both coasting and passive income to sustain your retirement spending.

Thanks

I like video😊😊😊

I'm not saying it would have affected the point, but you made it sound like that $823k won't be taxed.

I don't have time for all this..I'm outta here

Can i ever find a video that gets to the point?

Where can I read more about the MaxFI strategy? Do you have something like portfoliocharts etc?

Money Canvas introduces me to snowball and avalanche never heard of I’m in my 60s wow ill comeback with my results I choose Debt snowball for a 5k debt then I’ll move to 31k in loans I already paid off one card today so we will see

I don't recall agreeing to any of this

Thanks for breaking it down 👍

For us that are in Level 2😂

Any UK investors tried this ?

What about a rule keep enough cash to cover two years withdrawals so in a down market you are not selling at a loss and withdraw dividends plus a small amount of your stock holding rule??

This is an overly complicated method, and it is based on a bad assumption: that withdrawals should be based on availability rather than need.

4:10 look at the Moderate column. I think you meant equity and bond, not bond and bond.

I blended my payoffs - my smallest card could be paid off in 4 payments of $300 plus the interest charged for the prior month. This kept the balance in even numbers which was easy to track that I'm going to achieve the payoff time goal. I also paid the same amount per month on the largest balance plus the interest (which was very expensive) so that I could get that balance down quickly. Now I am taking that first card payment amount (less the interest) and adding it to my 2nd card payment which means I'm paying twice as much on the 2nd card. Again I'm paying the interest charge plus the two equal amounts toward the balance. I am projected to have that 2nd card paid off in 9 months now with the ultimate goal of getting interest to under $100 per month and then adding that $100 in interest savings to the balance amount I was paying. This will expedite the payment time by about a month ahead of my projection.

Definitely buying the book, point blank.❤

I am 57 in a Duplex , with a Car , Living on 11k a Year of SSI. that's $943.00 a Month and I smoke Camel Non filter and get $120.00 a Month EBT . Medicare and Medicaid with Extra Help .

What is this animation? I’ve seen this animation on so many videos

Interesting. I can say with certainty that i believe i spent the majority of my life trying to understand as opposed to survive

Interesting

The thumbnail 😂

Would you do a video on The Money Guy's Financial Order of Operations (FOO)?

owning your own stocks directly has an even lower MER than ETF's. Hard to do that for S&P500 but easy to clone other ETF's with fewer holdings.

When you're ALL the types to a degree, but not strongly able to identify with any 🤔

I agree. Dca is the best for us non options trading folk.

Accumulation! “Dark Pools”! I love it!

Hi NLL - I am curious about how the portfolio comparison chart was derived. Comparing the Weird Portfolio to the classic 60/40, Weird has better returns statistics, however its SWR and PWR are worse than 60/40. I find this difficult to reconcile, plus my previous experience of studying 60/40 suggests significantly lower SWR and PWR than presented in the table (nearer 4.1 and 3.1% respectively). My experience of Weird suggests that SWR/PWR of 6.3/5.1% is about right, however many of the other portfolios in the chart look quite optimistic to me. Is there more than one way to calculate SWR/PWR as this may explain the difference relative to what I have previously seen using Portfolio Charts?

Snowball is EXTREMELY STUPID!!

Debt avalanche is fine if you’re tracking your total debt instead of paying attention to how many accounts you have. I have a spreadsheet listing all my debts and repayments and keep watching the running total decrease for motivation.

Well.. snowball works here in PH as the interest already charged upfront except to cc. So whether you pay high and early. The amount you re paying is the same.

Hi, is these sharp decline in NVIDIA a correction or a distribution phase cycle? Thanks

Binging these videos again until you make more videos

I started saving for retirement at age 25. Not with the idea of retirement at my full ss mandated age of 66 1/3 or whatever, but I wanted to be retired from 9-5 and retired from taking orders from a boss forever at the age of 50 or less. That’s what made me a prodigious investor not a all star person but a ridiculously dedicated investor and it didn’t take away from my family because I would do side hustles of all kinds to reach my goal. So it definitely helped me at a young age think of “ retirement “ on my terms. I think what discourages young people is thinking retirement and an old feeble person sitting in a rocking chair waiting to expire.

Late watching, but a great video

AVALANCHE IS CLEARLY SMARTER

Great video man! Do you need an additional whiteboard video editor for your channel? I can help with that.

i just can't finish the video .. when i saw the expected retired age is 55y ...too old to consider yourself Financial Independence.

Happily a *Logical/Mathematical* , *Lingustic* , *Music* and.. *Intrapersonal* intellect.

What's crazy is that this--taxable investing, ie, the S&P-500--doesn't even take into consider how most people also have an employer 401k, maybe a roth, pension, and so on.

Thank you for the content😘 Investing was a leap into the unknown for me, especially under the weight of personal stress and my mother's health issues. But with Jennifer's T Stones guidance, I opened a trading account and invested $3,000. The decision was fraught with anxiety, but Jennifer's support was unwavering. Within just five days, the results were more than I could have ever hoped for. My initial trepidation turned into unbounded joy, providing not just financial relief but also a sense of empowerment.

Hi I am using avalanche seems taking forever but my income is not high so happy it’s headed downward

For those wondering, he didn't teach ANYTHING at all