My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire. With the current market movement, you have $60k to invest. Where are you investing it?
@Ji-Min-j7b7 күн бұрын
I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.
@PatrickLloyd-7 күн бұрын
Bitcoin through 2025, then high yield ETFs through the bear market 26’-27’ that's my plan. Remember to always work with a financial advisor when starting out to avoid being exit liquidity. I’m working towards financial freedom with a focus on dividends & growth investing. Since 2014, I’ve built a portfolio made up of 50% SCHD, 25% SCHG, and 25% VOO, thanks to my CFA. This strategy has helped me earn $96,000 a year in dividends. Back in 2014, I only earned $21 in dividends.
@PhilipDunk7 күн бұрын
@@PatrickLloyd- Could you kindly elaborate on the advisor's background and qualifications?
@PatrickLloyd-7 күн бұрын
I've stuck with SOPHIE LYNN CARRABUS before the pandemic, and her performance has been consistently impressive. She’s quite known in her field with over two decades of experience, simply look her up.
@JefferyDuns7 күн бұрын
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@TonyCook79 күн бұрын
Poor advice
@tonysilke10 күн бұрын
The high inflation is a significant reason why most retirees have sleepless nights. The increase in prices of everyday items puts them at risk of running out of money. As prices rise, the amount of money retirees can withdraw from their retirement savings also increases. The only solution to this problem is adopting a bitcoin standard
@Nernst9610 күн бұрын
Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
@PatrickLloyd-10 күн бұрын
I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.
@PhilipDunk10 күн бұрын
@@PatrickLloyd- wonderful ! thats what I want for myself, mind disclosing info of your advisor here? in dire need of guidance
@PatrickLloyd-10 күн бұрын
Sophie Lynn Carrabus is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
@RobbieNixon-d1w10 күн бұрын
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
@haeunpark7185Ай бұрын
The first woman asking questions clearly has no background knowledge about Suze Ormanto call her "Sooze" 😂
@abrahamben-zeev9142Ай бұрын
Many people lost money due to her advice and she was partying on her boat gloating how stupid most people are.
@Pheonyx_the_PhenomАй бұрын
Such an awesome resource! I'm gr8full my mentor shared this with me 😁🤑😁
@GeorgeLewis-k8eАй бұрын
Cute shirt😊
@fr4shartАй бұрын
Elon got 300 billion bro
@ocean1233Ай бұрын
SUZE YOU HAVE HAD A POSITIVE INFLUENCE ON ME IN MY LIFE RE: FINANCIAL EDUCATION !!! THANK YOU
@jeffzeimet3395Ай бұрын
After Donald Trump: If America wants a woman president/ WHY THE #=!! DO WE NOT PICK ONE SUCH AS THIS ONE !?!?!?!? GETTING OUTTA DEBT !!!!!!!!!!!!! Donald Trump should get Her to argue with Kamela!! 😂😂😅😊
@jeffzeimet3395Ай бұрын
In reality , everything COSTS THE SAME !! IT'S THE CURRENCY loosing it's value due to out of controll printing !! Call it bank fraud !!
@befree95792 ай бұрын
All these people complaining about living paycheck to paycheck that people with more dogs then they can afford, netflix amazon prime subscription, buying avocado toast, travelling on credit, drinking alcohol and buying clothes on monthly payments.
@AndrewRod-c5v2 ай бұрын
But whe. You have to spend money ti survive what other choices do you have ??
@CitAllHearItAll2 ай бұрын
Alright moneywise. We get it. You’re selling a product. Your savings at a work account…. Jam it in for retirement saving? Really turning everything into a nail.
@ronaldreagan-ik6hz2 ай бұрын
I will bet you suzie is a liberal. she votes for the system that has created the problems over the past 4 years
@allen72183 ай бұрын
40 x 12 x100= 48,000. Problem is, not many kids are going to watch this. We need to teach our families about this. Pass it on.
@queenblacc45794 ай бұрын
10 dollars for a durag is wild
@barbarafield63134 ай бұрын
So smart!
@-XxM.DxX-4 ай бұрын
You’re asking a Texan.
@daniexists64 ай бұрын
I believe her various scams are why we can't afford things any more.
@ryanheaton87425 ай бұрын
Because they don’t have a business and they don’t know how to sell.
@evanbutt23445 ай бұрын
I haven't used my line of credit in a few years, checking specs. I see my prime rate is 6.9 plus another 4 totalling 11, seems high lol comparing others lol
@jayjay-bz3rr5 ай бұрын
Gen Z , be warned!
@mehmoodayaz7115 ай бұрын
How we contact with you
@jz36895 ай бұрын
Suze is fake news.
@mindycrocker5 ай бұрын
Gmg
@jz36895 ай бұрын
Suze you’re fake news like all the facelifts you get.
@j.z.55396 ай бұрын
suze is a fraud.....always has been
@darlenegattus81907 ай бұрын
Please, will this woman just shut up already! She is clueless... And for the love of God, get a new haircut
@GraniteStateVictoria7 ай бұрын
Yes, in fact I currently am right now. My boyfriend makes about $10K per year while I make about $70K per year (I work two jobs, a main job and a summer job). He's the hardest working person I know.
@MilePost1067 ай бұрын
I already knew why we can't afford anything, it's the dumb people who voted for this!
@Paleface3247 ай бұрын
The upside of high interest rates is CD's are finally paying decent interest rates. A lot of retirees have their money in CD's, so it's helping old folks.
@dorenewhitacre19087 ай бұрын
I'm 66 and I have never had a credit card
@richardhawkinson-y3s7 ай бұрын
LISTEN UP! you will NEVER RETIRE IF YOU LISTEN TO THIS WOMAN! She gets rich by ALL TALKING
@TheBryanmauro7 ай бұрын
I think I love you Suzi.
@mycatlovesme1597 ай бұрын
A friend who lives in Oregon has two houses, a fleet of luxury cars and expensive gallery art. I was shocked when he said he has less than $5,000 in the bank. I assumed he was a multi millionaire since one of his houses cost $1.3 million.
@pnic45407 ай бұрын
Suze is fantastic, taught me the right steps at a young age as I watched with my mom. Great memories
@danieldillon64367 ай бұрын
Interest rates effect debt, so one must strive to eliminate debt. No mortgage loan, no car loans, no home equity loans no re-fi loans. Keep your credit cards paid off. Drive a used car that is 10 years old and there are many of them out there for sale that will last a long time if you have a good mechanic check the car/truck out ahead of time.
@emzywillrich72437 ай бұрын
Suze was indeed right about the Tsunami.
@emzywillrich72437 ай бұрын
My rule is never put on a credit card that you cannot pay off within at least 1 or 2 months (I have a zero interest rate until November). Suze's book, The Road To Wealth, helped me become debt-free and I am doing everything I can to remain in this position. I met her years ago and she autographed my book. She said I was a beautiful man. She is a gorgeous lady too! 😁
@Kane.Griffin8 ай бұрын
Your article from Sabina Wex recently told those making 21 dollars an hour to invest their money. Keep in mind this was about a man making 21 dollars an hour who can't afford rent. Your advice was to invest. Get real.
@vickyharris22598 ай бұрын
Biden has destroyed the economy! Just file chapter 7 and be happy
@humorbased998 ай бұрын
Why do people keep their money matters a secret? Even my sister won’t talk about what stocks she has. I ask she says I need to do my homework. What is the big deal? What am I going to do if I know what stock she’s invested in?
@411sponge72Ай бұрын
Invest in low cost s and p 500 index funds such as Vanguard VFIAX. That's it. People tend to make investing more complicated than it needs to be. Consistently invest for a long period of time and you'll very well off.
@elizabethstewart5528 ай бұрын
I disagree. Everyone can agree that literally EVERYTHING costs more - as in double. Food prices are out of control. Just daily living. It’s not just interest rates. It’s people just trying to live.
@cintroberts66148 ай бұрын
No you are wrong, it is because of people like you that lie,cheat and do things to ruin it for everyone else. You are truly pathetic and because I am aware of all your immoral acts I have taken the appropriate actions to not fall for your BS.
@garygoerke76848 ай бұрын
B_den commercials begging for donations SUCK He is the crook!
@PatRiarchy-qw6cp8 ай бұрын
Bidenomics
@ravenclaw7838 ай бұрын
The Founding Fathers in the 18th century foretold their fear of government having the power to issue currency. This is why. The reason why everything is more expensive is because congress spend recklessly and when they don't have any anything to spend, they simply print more money thereby decreasing the value of our dollar which in turn increases the price of everything else. Our government is ROBBING us left, right, and center and they will not stop until the whole thing comes crashing down. We aren't far off at this rate.
@fayejordan1758 ай бұрын
Nothing came down in price! Biden has been a disaster in every way possible. He wrecked the economy because of his policies that affected energy. Vote for Trump in ‘24