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@VanillaCherryBread5 ай бұрын
Great advice here. Keep it simple, buy things you understand, take some risk but don’t try to shoot the lights out.
@ShelleyfromCali5 ай бұрын
Hey so if I fund my IRA for the next 5years I will have a great return?
@VanillaCherryBread5 ай бұрын
There’s risks involved with investing. But tech stocks are set up for potentially solid growth. I started investing back in 2021, and right now my total investment portfolio value sits at just over ~£765,000.
@henrymitchell97175 ай бұрын
That’s amazing! How would you plan for a correction, bear market and or crash? They can significantly impact your cash flow especially during a crash for a very long time.
@VanillaCherryBread5 ай бұрын
Never sell what’s working. Adjust allocations to manage risk. I am strongly convinced that having a skilled advisor who has a good practical experience in this respective field makes you successful.
@JR-gy1lh5 ай бұрын
Personally, I feel like you have the best investment advice on YT. Dave Ramsey for getting out of debt and Tae for making your money grow. No BS, no shortcuts. Love it and keep it up. Probing nuance wins.
@BaileyJames-zv2ddd5 ай бұрын
Without a doubt, this year will be worse than the last. I lost a lot of money last year as a result of bad investment choices that I would not have made if I hadn't been so worried about my portfolio. I kept investing, but I couldn't determine whether to start paying for a house. In the end, I sold my positions, and the house needed more work than I had planned. I'm not sure how long I can keep going like this
@agentjacob40995 ай бұрын
We've all made mistakes at some point. You should consider financial planning
@angelodgreat65615 ай бұрын
True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
@BaileyJames-zv2ddd5 ай бұрын
Do you mind sharing your financial planner ?
@angelodgreat65615 ай бұрын
Leah Foster Alderman
@angelodgreat65615 ай бұрын
You are most likely to find more info when you look her up
@fromthebirchwood5 ай бұрын
I am at the beginning of my investment journey, planning to put 100k into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice for what stocks to make up my wheelhouse?
@botaojia5 ай бұрын
I've been holding TQQQ for 3 years. My TQQQ total position worths about my family 8 year living cost. The cost here includes mortgage, private school tuition, etc. We don't hire any nanny. I did NOT sell even a single share of my TQQQ in the past 3 years. I KNOW the TRUTH of this market. I'm going to hold it for the next 3 years at least. I like your channel because many of your ideas are consistent to what I personally experienced in finance world.
@mannya_realtor5 ай бұрын
I just dollar cost average. I’m always buying and holding and I never stop
@NoahNollens28 күн бұрын
Investing in stocks could seem easy, but choosing the right stock without a tested plan might be difficult. For the longest time, I've been attempting to grow my $210,000 portfolio, but the largest obstacle is the absence of a well-defined entrance and exit strategy. On this subject, any input would be really appreciated.
@MesutMilleliri28 күн бұрын
Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.
@BrigetGstar28 күн бұрын
A multitude of individuals downplay the significance of advice until their own emotions become unbearable. A few summers ago, after a drawn-out divorce, I needed a big shove to stay afloat with my firm. I located the most qualified advisor after searching for licensed advisors. Despite inflation, she has helped me grow my reserve from $275k to $850k.
@MesutMilleliri28 күн бұрын
You seem to know the market better than we do, so that makes great sense. Who is the guide?
@BrigetGstar28 күн бұрын
My CFA *Julianne Iwersen Niemann* a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
@NoahNollens28 күн бұрын
Thanks for sharing. I curiously searched for her full name and her website popped up immediately.. I looked through her credentials and did my due diligence before contacting her.
@fredswartley97785 ай бұрын
Stay the course. That's the best strategy for investing. It's always good to have a long term view when investing. In 20 years the market will always generate positive returns.
@adamjanecke18075 ай бұрын
John Bogle would agree with you!
@thestoiccoach5 ай бұрын
Thanks for sharing these volatility tips. Seeing the volatility in the market can cause anxiety for me. This is another reminder to stay cool and collected.
@cheryltoth3095 ай бұрын
Listened to this one a few times. It's a good one for a amateur investor constantly plaguing themselves with the question: "Am I doing the right thing?" My emotional investment ups and downs could also be charted in close correlation with the market's. After listening to this anxiety's down and calmness is up.
@victorlinares11485 ай бұрын
The market will be higher in 20 years but what about the continued loss in currency value ?
@scarling93675 ай бұрын
A weird thing ive noticed is that my one account has $20k and swings by a couple hundred dollars and i dont bat an eye at that. I just started an account (
@colby65125 ай бұрын
Tae, I want to follow JL Collins and others play on just investing in VTI and VOO (no bonds for me I have a lot of years ahead of me). Only thing is those ETFs are at all time highs or atleast towards those highs with a massive spike up over the last 5-7 years… that said I want to sell everything else and move my 90% sell off into VTI VOO for overall new investing strategy and safety for 30 years+ What’re your thoughts? I’m nervous I’ll sell off my stocks, buy into the ETF to high and get crushed in a high buy that’ll take however many years to recover.
@MeltingRubberZ285 ай бұрын
Gotta zoom out bud. Check it annually. Keep buying and turn off the news.
@guitarbasssinging5 ай бұрын
flexin' with the big weights at the squat rack! New Way Of Frugality Life: spend money on lifting and hair products only!
@peterl27675 ай бұрын
Great info 👍 👌 👏
@garyonuma5 ай бұрын
good stuff! aloha fr hawaii!!!
@Achievius5 ай бұрын
Love your channel
@Motivational_Flavio5 ай бұрын
In b4 the spam comments "my favourite 3 channels are blabla" Tae you gotta do something about them, all love man ❤
@sherlockrobin5975 ай бұрын
A. "How can I make money?" B. "Use a trusted advisor" A. "But there are so many, who can I trust?" B. "I use Dave Smith, he's great" C. "How can I find this financial genius?" B. "Google Dave Smith" Who is falling for this crap??
@me01010010005 ай бұрын
don't forget the shady "fInAnCiAL aDViSoRs"
@mbank38325 ай бұрын
I am investing into the S&P500 and I was scared poopless when the balance dropped :(
@kawicheater5 ай бұрын
it can be, thats totally understandable. just zoom out to a broader view. say 6-12 months. bet your s&p is doing great.
@mbank38325 ай бұрын
@@kawicheater thanks. Can’t wait to see it !
@gnssprlt.3 ай бұрын
Are you just investing in S&P 500?
@elizabethdelgado15195 ай бұрын
Love the videos and knowledge and email letters
@Johanneslol115 ай бұрын
I have 100% in stocks, I am 33 and I only invest with what I don’t care about losing so.. as long as I can still eat healthy, live a comfy life with eating it from time to time and so. Mind investing the rest and seeing it going up and down