8 Beginner Investing Mistakes I'll Never Make Again (After 10 Years of Experience)

[@humphrey]

Hey all! Really proud of this video, if you enjoyed it make sure to leave a comment and also scroll back up right now and subscribe. Seriously. I see you. Scroll up. Subscribe. Do it.

[@JonnyZerep]

I would subscribe again if I could 😅

[@DianasReviews]

Key insights 💰 Starting a Roth IRA early is crucial for maximizing potential contributions and building a larger stock portfolio. 💰 The Roth IRA allows for more aggressive investing to capture as much upside as possible, since gains within the account are tax-free. 💭 The lesson learned is that blindly following online methods for investment decisions may not always be the best approach, and it's important to tailor investment choices to one's specific circumstances and goals. 💰 "I'd rather take a shot at the most possible gains especially in a Roth IRA because all the gains that you're going to capture within that account are going to be tax-free at the end of the day." 💼 Understanding your own investing style and risk tolerance is crucial for building a personalized stock portfolio that aligns with your goals and preferences. 📚 Researching and understanding the different types of investment accounts available, such as custodial accounts for kids and self-employed plans, is crucial in determining the best option for individual needs. 💡 "If I could do it all over, I would probably aim to increase my saving and contribution rate to closer to 10 to 15 percent of my gross." 💰 Starting early and investing in a low-cost S&P 500 Index Fund can lead to better financial outcomes compared to the average in the United States.

[@Missyou-.]

How would you start from zero in your 40’s?

[@ALZ1998]

Thanks for the great videos. I understand that it's important as one gets older to move their portfolio allocation gradually from more aggressive investments like stocks to more conservative investments like bonds. What is the strategy for doing such a gradual transition? Would it be just by contributing more to the conservative investments gradually or would it be selling off the more aggressive holdings and using the earnings to purchase more conservative holdings? Would love to get a video about this!

[@vinhdoan6851]

​@@JonnyZerepoppo

[@caseybills5517]

It is advisable to save at least 15% of your income in a 401(k). Online calculators can help you estimate the appropriate savings amount based on your age and income. By saving at least 15% of your income in a 401(k), you can work towards a comfortable retirement. This strategy allows you to benefit from compound interest, potentially growing your retirement savings significantly over time.

[@cowell621]

I'll suggest you create a diversification strategy because building a good financial-portfolio has been more complex since covid. Recently my colleague advised me to hire an advisor, surprisingly I have accrued over $120K under the guidance of my coach during this crash. She figured out Defensive strategies to protect my portfolio and make profit from this roller coaster market.

[@JamesLongman-v5r]

If you’re new to investing or have a more complex financial situation, It can be helpful to work with a financial advisor who can provide personalized guidance and help you make informed investment decisions.

[@LiaStrings]

On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my port-folio this red season. I’ve made over $150k since then

[@StacieBMui]

How do I reach out to one? my assets have been struggling since 2022 and I’ve been holding on by the skin of my teeth.

[@LiaStrings]

Rebecca Nassar Dunne maintains an online presence that can be easily found through a simple search of her name on the internet.

[@AlisonKhar]

What’s the best strategy to enter crypto investing now for someone with more or less than $20k?

[@mirandaryan2365]

As a beginner, it's essential for you to have a guardian to keep you accountable. I'm guided by Stephany Reuben

[@donaldtriton9112]

I racked up so much losses trying it on my own. Stephany really saved me from myself

[@JoshRay-t]

Stephany's unique strength in her realistic approach which makes her different from other brokers that often set unattainable targets, and fall short in delivery.

[@SaylorHughes-dz4qb]

how can i find her?

[@JoshRay-t]

--face book---

[@AndrewPichai]

Your commitment to educating your audience is truly admirable. We all aspire to attain financial stability and improve our lives. This goal can be achieved through smart investments, mindful spending, and prudent budgeting. I'm thankful for realizing the significance of striving for financial freedom from a young age.

[@AndrewPichai]

As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Ryan Donald.. A widely known crypto consultant

[@SteveKovachmac]

I've come across this name before, is he really reliable?

[@KalispellMontana-r4p]

It's amazing that you got to know Ryan , I started my trade with $15,000, a week later, we had grown to $55,000. This man is absolutely a genius.

[@AndrewPichai]

he's mostly on Telegrams, using the user.

[@AndrewPichai]

@RobertRyanD THAT IS HIS USER NAME

[@pianomangabe]

Always appreciate your videos, you're like the smart investing dad that I never had. Always good advice when it comes to financial literacy.

[@humphrey]

Love you son.

[@raycarson8818]

A hot one 😉

[@kurniawanms2]

If I can start over, it will be QQQ 25% SCHD 25%, VOO / FXAIX 40% & individual stocks 10%

[@ryebread447]

How long you been at it?

[@jot5445]

@@ryebread4471yr

[@CaptainFrandy]

Great video, I just started my first Roth IRA yesterday(I’m 27), using this knowledge going forward. Thank you

[@linksdf]

I made the same first mistake, and started at the same time although i'm not sure most people would even be able to max it out or come close to it from 18-24 bc of school I've been maxing it out and putting it in safe investments since i started. great video humphrey, this is education that they don't teach in school unfortunately (at least my school)

[@humphrey]

Thank you! As long as you are contributing now thats a positive thing, most people dont even do that!

[@castoner]

My mistake was investing in a Target Date fund in my 401k instead of just going Large Cap. Especially after the expense ratio for the TDF increased. They always say diversify but when you're young and have decades left to retire you should be as aggressive as you can. Also, not contributing enough to my companies after-tax option and later Roth 401k.

[@benjamindavidson22]

“There’s more and more of a concern that incoming data is revealing that the Fed might be a little bit behind the curve than maybe they expected heading into this year,” said Bipan Rai, North America head of FX strategy at CIBC Capital Markets in Toronto. In my portfolio, I'm noticing more red than green. How are other people in this market raking in over $350k gains within months

[@suzannehenderson5]

For retirees and those close to retirement, I believe it's particularly challenging. All those years of labor only to lose it all to a problem you weren't responsible for, my regrets to everyone retiring during this time.

[@frankbarnes22]

You will need a strong FA to help you through the current market turmoil. I've been talking to a coach named Dawn Maureen Humphrey for long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.

[@emiliabucks33]

we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?

[@frankbarnes22]

The adviser I'm in touch with is Dawn Maureen Humphrey She works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.

[@emiliabucks33]

I'm literally holding onto straws right now, so your tip couldn't have come at a better moment! I plan to call her after doing a quick internet search for her.

[@ce6ej]

I’ve thrown a couple hundred bucks at a few different stocks (through my Fidelity account), but I’ve never really studied the stock market… nor do I really know where to start. I’m 36 now, so not exactly a young buck 😬… but this is the type of video that I really needed to see. Thanks man 👍🏻

[@thedeadpoet000]

1. Buy the whole market ... That's it really

[@Jekyll_Island_Creatures]

Read "The Simple Path to Wealth" by JL Collins.

[@ce6ej]

@@Jekyll_Island_Creatures I will!

[@brandonhuebler3292]

Go browns

[@ClarieZwiehoff]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[@ClarieZwiehoff]

@ThamaraSchlossarek Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY*

[@ClarieZwiehoff]

@ThamaraSchlossarek *MARGARET MOLLI ALVEY*

[@ClarieZwiehoff]

Lookup with her name on the webpage.

[@FreuleinBey]

@ThamaraSchlossarek *MARGARET MOLLI ALVEY* her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy..

[@DesireeJames-q1z]

I just sold a property in Orange County and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.

[@donaldwayne7023]

investors like you should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.

[@Angelinacortez495]

I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m

[@JoshuaKerr-m4u]

I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@Angelinacortez495]

I’m cautious about giving specific recommendations as everyone's situation varies. You may consider independent financial advisors like “sherry dawn carrico"I've worked with her and I'd gladly commend her exemplary service on a public post.

[@EthanBrown_23]

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.

[@LanceyRoche]

One thing i can say that helped me in life to reach my first million was starting early and avoiding debt, i got curious and informed i became open to passive income, investments in equities , etfs and the likes. also sought help to handle my portfolio which was my foundation. i'm ever grateful to Lisa Rosa Cavanagh my FA.

[@stephmeldrich6765]

what sort of portfolio did you begin with ?

[@LanceyRoche]

@@stephmeldrich6765 A diverse 60/40 stock/ bond portfolio alongside the S&P500etfs is generally my ideal investment to hedge against inflation for the average investor, it provides safer returns.

[@larryronhartfield55]

impressive! love the strategy

[@harrisahmed3066]

I googled the lady you mentioned, and left a mail after going through her credentials. I'm willing to make consultations to improve my portfolio

[@glasshalffull2930]

*** SCAM ALERT ***. Only a fool would choose a financial advisor based on a fake KZbin tip!🤦‍♂️🤦‍♂️🤦‍♂️

[@ongaga9]

This was really good! Thank you very much!

[@FirinMahLazer1]

I still don't agree with retail investors holding individual stocks in retirement accounts even though you made some very fair points. It's all good if you have some money to play around with and you want to roll the dice but I feel like a Roth account should be a more tried and true portfolio like the 3 fund.

[@DavidLucas-so8rr]

I've been apprehensive about investing in the present market, but I also believe that it's the ideal moment to start. I've heard of someone making over a million dollars with just $300k, and I'm curious as to what kind of talents and approach might produce such a return.

[@Bako-b8j]

Consider exploring energy stocks, as they are poised to be significant beneficiaries of advancements in AI and data centers. Additionally, practicing Dollar Cost Averaging (DCA) into a reputable ETF could be beneficial. It's crucial to prioritize patience and maintain a long-term perspective. Most importantly, seek financial advice to make informed buying and selling decisions.

[@EthanBrown_23]

Often people underestimate the value of counseling until their own emotions become overwhelming. A few summers ago, after a long divorce, I needed a huge push to keep my business going. I searched for licensed advisors and discovered one with the greatest qualifications. Despite inflation, she has helped increase my reserve from $275k to $750k.

[@RobertBrown..]

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

[@EthanBrown_23]

"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.

[@Bridget-l7p]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@GarshcaMendy]

Every family has that one person who will break the family financial struggle I hope you become the one 😏

[@maryannmoore3480]

This is precisely reason I prefer having a portfolio coach guide my day-to-day market decision: with their extensive knowledge of going long and short at the same, using risk for it's asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I have been utilizinga portfolio coach for about two (2) yrs and I've made over $1,500,000

[@red2rad384]

15-20 years is considered close to retirement? Making me feel old haha. Another great video thank you

[@TerryCollinsP31Lifestyle]

That’s a great point in tip #5: I like to recommend 20% and that is with total contributions across the board.

[@dylanmoris6211]

Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

[@LionTowercoporation]

I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns.

[@williamsbrown4026]

@@LionTowercoporation Who is your financial coach, do you mind hooking me up?

[@williamsbrown4026]

@@LionTowercoporation Thank you for this Pointer. I just googled her and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

[@TerryCollinsP31Lifestyle]

Good Morning Humphrey, Thank you for this video.

[@Phyllislovelace]

Thanks for your efforts Marketfeed, very interesting and useful Video, I like the way you have explained stocks, you are just like my Mentor, her strategies helps beginners to earn in the market without loss.

[@GeorgeClifford-x4r]

I have invested in bitcoin myself. I am not really happy with what is happening right now. Just a few weeks ago I lost about $7,000 on a certain transaction. Can you help me or at least give me some advice on what I should do?

[@Denistaillon124]

Someone like Ms. Natalie Brunell, who understands the market very well and is a pro at closing deals, is essential.

[@Robertwarren-m4x]

I'm new at this, please how can I reach her?

[@Denistaillon124]

She's mostly on Telegrams.

[@Denistaillon124]

@ExpertNatalie ..that's it .

[@TerryCollinsP31Lifestyle]

I like the way you define young and older.

[@FrankPatrick-no8zo]

I've just begun learning about value investing, and I've found that many good stocks are undervalued despite their intrinsic value. If you had quarter of a million to create a strong portfolio, which stock would you choose for better returns?

[@RonaldPaul-rs6kt]

I believe a solid portfolio should include three key components: ETFs for diversification, dividend stocks for steady cash flow, and top tech stocks. Given your budget, it’s a smart move to consult a fiduciary advisor for professional guidance.

[@LuvmeRos]

Despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.

[@jose2212-]

Hey, I'm trying to find a certified one to boost my investments/portfolio, but it's tough online. Can I get a rec from you, since you know about this stuff?

[@LuvmeRos]

She goes by ''Amber Michelle Smith'' a renowned figure in the financial industry with over two decades of experience. I'd suggest you research her further on the web.

[@albacus2400BC]

Glad to have stumbled upon this, curiously inputted her on the web, easily spotted her consulting page and was able to schedule a call session. Ive seen commentary about advisers but not this phenomenal

[@drew7272]

I started my Roth this year and started off too conservative too but realized it and now my biggest holding is Apple.

[@StudentOfTG]

Great video, although is it possible if you could upload a short explaining what bond is since that’s still confusing to me.

[@humphrey]

yes I can, Ill add it to my list!

[@StudentOfTG]

@@humphrey Thank you!

[@Shark3y22]

Hi Humphrey. Great video. I'm 27 years old and just like you, started investing right around age 26. I plan on maxing my Roth IRA every year (explicitly tracking FXAIX) My Roth 401k is currently a 2060 Target Date Fund. It's done great for me so far but judging how the other TDF's do the closer you get to retirement, I'm contemplating switching to a Large Cap Total Stock Index or US Stock Index (401k Doesn't offer FXAIX). The switch wouldn't happen for 8-10 years which is when I'm guessing the account will start to become a little more conservative for my liking. The new RMD laws make it seem even less risky to buy and hold index funds. Thoughts??!

[@humphrey]

i think thats a solid plan gatorhomie, great choice imo

[@cherylkeys1284]

Excellent video. I have been investing for 40 plus years and have not seen international stocks/funds/etf’s work out in that time. They have routinely underperformed the US market. Target date funds sound great but they vary greatly and one should do their research before choosing one.

[@Ace-ht1is]

Do you recommend just staying on target date funds instead of touching it and moving it around investing in large cap, large cap index fund international, small cap funds, etc? I am 35 and putting 1,000 a month into my 457b.

[@leomusic1880]

Can you demonstrate how to buy the stocks for the Roth portfolio? I’m not sure if I did mine right.

[@timothychang6475]

great stuff as always :)

[@humphrey]

Thank you! Cheers!

[@wangchuktsering2918]

Awesome videos. Greatly appreciated. Thank you.

[@humphrey]

Glad you like them!

[@zionfoster8219]

Im not sure how old you are but I think it’s a good amount of time until you reach 59 1/2 why are you going into a muni bond fund (something that is supposed to tax relief, especially in a tax free earning account) ?

[@TerryCollinsP31Lifestyle]

#2 Also a good one. Get and CONTINUE education. Action will give you a higher risk tolerance because you will have experience

[@TerryCollinsP31Lifestyle]

Thanks for sharing. Sharing the no more than 5% in one singular holdings. I hold 25 positions. I want to touch on this video with Warren Buffet: Berkshire Hathaway’s portfolio generally has over 50 positions.

[@JamesSmith-bx4zr]

Thanks for the great content

[@mydoan9864]

I just opened my IRA account couple weeks ago and don't know much about it, I'd been watching ur video to learn more, Is traditional IRA account and Advisory IRA account is the same? On my bank showing two different accounts, and Advisory IRA tax deduction too? Thanks and very appreciated you

[@faz0378]

Any reason you prefer a Roth IRA vs a Roth 401k?

[@gigilaroux762]

A Roth 401k is a Roth savings acct thru an employer retirement plan and it bypasses the wage income limits that a normal Roth would hold you to. But you could have/start/fund a normal Roth for many years and then get a job that has a Roth 401k plan and if you make more than the income limits you could do the Roth 401k instead of the regular one. But the federal limit you can contribute each year I believe is the same limit as the other one.

[@ChristopherAbelman]

Major indexes booked their worst yearly performance since 2008 thanks to drivers like the recession, war, hiked interest rate and inflation which so far doesn’t seem to be easing off, so I’m left wondering what 2024 has in store for us investors, I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy or do I wait?

[@PennyBergeron-os4ch]

Starting early is simply the best way of getting ahead to build wealth, investing remains a priority. I learned from my last year's experience, I am able to build a suitable life because I invested early ahead this time.

[@HildaBennet]

I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for the untrained eyes to see. I have made more than 350% through my estateplanner(fa) by alternative investing. The portfolio comes with perks as well.

[@FinnBraylon]

Mind if I ask you to recommend this particular manager?

[@HildaBennet]

Don't be hesitant to contact Sonya Lee Mitchell and follow her directions.

[@FinnBraylon]

It's good you make your own research. and make sure whoever you work with is licensed n verifiable with a repute, this Sonya looks the part but i'd do my due diligence. I set up a call, thanks.

[@timm1583]

Wishing I could go back too. But 90% of my individual holdings is tsla and its not in roth 😂

[@socalsurfer6859]

I wish you good luck but this is so insanely risky. Your literally risking your whole retirement on one highly volatile stock.

[@timm1583]

@@socalsurfer6859 no, to clarify this is a large percentage of individual holdings of stock. Most of my total holdings are not in individual stocks but in low cost funds . But I should have purchased in Roth cause when I move out of that holding I'm looking at tax

[@WeAllWeGot333]

Crazy

[@TDARazor]

this video is helpful, thank you!!

[@BrandonKalusa]

Are target date funds worth it for the fees?

[@daisymayzee]

Great job!

[@michaelwillis5929]

What if your roth IRA is a retirement portfolio? Can you change it to a risker one?

[@angelasoWA]

Hi Humphrey, if you were 10 years from retirement and not old enough for SS, How would you be investing? How aggressive would you be?

[@NOMRTSL]

Such a great video! Thank you

[@humphrey]

Glad you enjoyed it!

[@zorabright7646]

Thank you so much for your advise. I am from UK England. Please can you advise me on how to build a stock portfolio. I am retired and have a bit of savings. Any help with be highly appreciated.

[@nickythao3434]

At 23 year old in my Roth IRA, i hold SCHD, VYM, HDV. Why divided stocks, because growth stocks is tanking.

[@DV-lh2ov]

Did you include the dividends from AT&T stock? Are those total returns? Hard to believe!!!

[@yia01]

look like it just teh stock appriciation.

[@wilsonstein3d]

Love your content - I haven't watched all of your videos, so if you've already posted something like this, please feel free to ignore. Would you be able to provide advice for those who've had less-than-ideal circumstances, and find themselves having to start over in their 40s?

[@rubenraulmartin9782]

Roth Ira in Europe ? What options do we have here ? If somebody knows. Tnx!

[@xkorbekx]

Do you mind sharing you graphics in your videos and links to reports?

[@lizardmilk]

The order of contribution I would suggest is: Maximize 401k match Maximize Roth IRA Maximize HSA The max your 401k if it’s Roth. Then your brokerage or traditional 401k if your company has great low cost funds. funds.

[@ryebread447]

Why hsa before 401?

[@lizardmilk]

@@ryebread447 because you want to maximize your matching first. And most HSAs come with company matching. So that’s free money. Also, HSA is triple tax advantaged, unlike a 401k. So maximize your 401k match first to get that free money. Then maximize your Roth IRA. Roth IRA will not have the fees of a 401k. Then your HSA to get the HSA match. Then everything you can back into 401k Roth. All that above maximizes your tax advantages. Anything else you can afford then goes into brokerage or whatever other investment you prefer.

[@Bangpaulxu]

Really great video!!!!

[@Zaerki]

For a Roth IRA, probably another good idea to concentrate real estate holdings in there too. Part of a well-balanced portfolio, real estate that throws off regular income can be shielded from the taxman in a Roth IRA. Something to at least consider.

[@cheezytacos]

Anyone have thoughts or opinions about using a target date fund for my ROTH IRA? Vs investing in specific index funds ?

[@hubbiemid6209]

how about not betting on stocks and just following a simple 2 fund portfolio no bonds?

[@humphrey]

also good 👍

[@ianscianablo8507]

Hey Humphrey. Love your wonderfully informative videos. I'm starting my new job in 2 weeks. But I'm NOT that far away from "retirement" and I'm starting my first ROTH IRA. Is that fund protected, in case I get hit with huge health care bills in the next few years? Do I have to classify it as "retirement" fund and not touch it? Even after retirement age? Afraid if I get sick and health care costs demand I raid the account? I'm starting my ROTH IRA VERY late in life but I do NOT want to touch it! Thank you Humphrey.

[@kevinadedokun]

Well put together video @humphrey! I recently changed my investment strategy in order to reduce (over)diversification while becoming more active in hand picking my portfolio. What gave me a boost in funding was doing a few trustee-to-trustee transfers from old 401(k) accounts to a separate Rollover IRA

[@mateojimenez5905]

Could you give tips on how to understand what is moving the market everyday? Any good newsletters or websites for those that are more inexperienced?

[@FlightDeckGA]

How come you don't menttion HSAs?

[@jiyadavi]

I'm looking for growth, dividend, and cheap to hold like SCHD...but in the S&P 500. I currently have 230K in SCHD (adding 7,500 annually into a ROTH forever) and just starting a position in QQQM when it comes back down to earth. Interested in a 3 fund ETF strategy... thoughts?

[@sujanahamed9781]

I bought schd, vym, vti, fdvv, dgro

[@hms3769]

Can I buy a municipal bond for a state I don't live in?

[@DJSNAV]

Individual stocks are fun if you want to gamble a bit. But let's be real, by definition, the average person (or trader) can't beat the market in the long run. People also underestimate how much those fund fees cost them over the long run.

[@WeAllWeGot333]

No

[@kylec.627]

Could you talk a little bit about the income limits (MAGI I think I read) for Roths?

[@josephsaeteurn9158]

i wish i have that problem..income limits...

[@oOBlahBlahOo12345]

And the income limits for traditional IRA tax credits

[@alrocky]

phase out range: $138k - $153k S; $218k - $228k MFJ. If over income limit you may *back door* Roth IRA.

[@Charester]

A bit late on the video, hope I get an answer, do you think Roth IRA is a good idea if you plan to retire and leave the US in the next 10 years?

[@rokea346]

VOO or FXAIX if im using a fidelity roth ira account?

[@Kain9407]

Young equals 35-40 years until retirement, equals 35 or under? How TF does that work? Planning not to retire until potentially 75?

[@DV-lh2ov]

Why would you put municipal bonds in a roth ira instead of in a taxable brokerage acct?!!!

[@alrocky]

@ 5:13 It's another mistake as there's no strong reason to hold municipal bonds within Roth IRA.

[@DV-lh2ov]

@@alrocky Folks in the market with decent income between 2012 and 2022 are lucky guys. They can't mistake that for their wisdom and share it on YT like they knew it all.

[@SugarStars]

what are good companies to get roth IRAs for self employed?

[@zachio69]

i like the monthly passive income bruh

[@dwalker5175]

Outstanding advice. Totally agree with everything you said!

[@caleb6771]

Great video

[@matthewholliman1399]

Why do you consider real-estate to be more risky?

[@Kenneth23414]

Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!

[@Christian67337]

My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to my FA, my portolio is doing really great and im proud of the decisions i made last year.

[@Theodore3241]

Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks..

[@Alden457]

How? What does one do if they have a 100k$?

[@Thomas43211]

I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.

[@Theodore3241]

Aileen Gertrude Tippy 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..

[@MichaelCarrPilot]

Why do most advisors or other finance channels not discuss HSA investing?

[@keijoonparas]

Do people in the US get money from the government when they retire? In Finland we get a monthly pension that is proportional to how much money you made during your working life. Just wondering if all the talk about saving for retirement is about extra spending money or money you actually need to live.

[@Draega007]

We have social security that we pay into by way of taxes from wages. You can start drawing from it at age 62 but they penalize you if you draw at that age so you might only get around $1000 a month give or take a few hundred. If you wait until age 70 you get the full benefits. But the way our government spends money, there probably won't be any social security in 20-40 years.

[@yia01]

yea we pay into social security, 7.8% from us, and employer pay the other half, it usually come out to be about $1300 or more depend on much u put in. some employer will also have matching contribution 401k as well. so as a retire couple, u can get anywhere form $3000 or more monthly form social security, another $1000-$2000 montly from 401k ontop of ur other personal retirement account such as ira/rothira, taxable investment account and personal saving banking account.

[@Tim_Weng]

I started three years ago with a Roth IRA at 19 years old, I think my biggest mistake was using a robo investor in Betterment and only putting money in, which I actually lost money with.I would’ve been better off with fidelity and just bought Index funds myself

[@benzskiii]

Can you update what is in your roth ira today? 😅

[@dumaouma]

Do you still have fundrise investment?

[@wilmerfroman1673]

Didnt T have multiple splits it would be more than 5000.?

[@Susan00197]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing below the $100k mark and in the first 2 months, my portfolio was reading $234,800. Crazy right!, I decided to reinvest a huge percentage of my profit and it got more interesting.! For over a year we have been working together making consistent profit just bought my second home at the beginning of summer.

[@JakeSullivan-h2i]

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

[@Susan00197]

@@JakeSullivan-h2i However, if you do not have access to a professional like Suzanne Gladys Xander, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.

[@JakeSullivan-h2i]

@Susan00197 Oh please I’d love that. Thanks!.

[@Susan00197]

@@JakeSullivan-h2i Suzanne Gladys Xander is her name .

[@Susan00197]

Lookup with her name on the webpage.

[@jonasbley2602]

Doesn't young and aggressive buying ETFs go against what Warren Buffet is saying? With ETFs, you are owning a lot of stocks. I'd say young and aggressive should be mostly individual companies?

[@johnnn146]

What’s up man! Just a quick question, how do u feel about things like dividend etfs like SCHD?

[@humphrey]

SCHD is really good. It’s one of those funds you can go all in on I feel like. It’s one of the best funds out there

[@AyeItsXander]

Especially in a ROTH IRA account 🫶🏼✨

[@JohnJohn-nt9mf]

in my ROTH i got SCHD, VGT, COST, AAPL, NVDA and VICI

[@IgorTavarez-vw7zh]

I'm investing $269 biweekly on these stocks VOO 30% 80.70 QQQM 25% 67.25 VYM 10% 26.90 VXUS 10% 26.90 SCHD 20% 53.80 DGRO 5% 13.45

[@o0usf0o]

my roth is basically all growth etfs.... got 25 years to let it compound

[@Erinmills98]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $540K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[@RobVI]

18 yo here, so glad I started funding my Roth IRA as soon as I legally could.

[@josephsaeteurn9158]

you dont have to be 18..

[@AdarshVyakthi]

Would you recommend TQQQ or similar securities for younger folks who consider themselves aggressive investors ? If yes , How much percentage of portfolio should it not exceed ?

[@lizd.8655]

Any thoughts on the "modern" 3-fund portfolio? If I could go back, I'd do VTI/VGT/SCHD and just leave it at that

[@humphrey]

Yeah I really like that. The traditional 3 fund portfolio is still good but it just has too much bond exposure for younger people (especially when bonds were not paying anything), but these days its a bit better and the modern 3 fund seems way better IMO (for certain younger people)

[@thomashuang8401]

Agree on SCHD being on there you need some good yield

[@sagesends]

SCHD currently pays ~3.5% dividends and basically trades sideways. Most money markets/CDs/high yield savings pay 1-1.5% more than that. SCHD is not a great investment.

[@UhhhGerry]

Whats your asset percentage for each etf?

[@Defy_Convention]

Schd is chasing yield the rebalance loaded up on altria, ford, 3m, dud stocks, has been flat since the rebalance

[@Curbalnk]

The market is more volatile than ever. I've been holding cash since '20 pandemic crash, but just went "all in" bought up $250k worth of ETF's & individual stocks at discount, and hoping to average down on ailing companies, in order to achieve passive income and early retirement.

[@Reduxy]

I hate that my income is just over the Roth IRA limit. I also can’t back door since my job offers a Simple IRA. Stupid pro rata rule

[@EE-hi4re]

Woah, all of the investment lingo is like a different language.😂

[@isaacl6402]

Does it make sense to use a Roth IRA as my place to trade options? My thought process is with options you have the chance to win big, so if you do it would benefit you to not pay tax on those big gains

[@humphrey]

thats a similar sentiment to what i was saying, personally i dont mess with options (high risk, could go busto easily), but yeah within a Roth IRA its tax free so yes.... but its also a retirement acconut so be sensible lol

[@josephsaeteurn9158]

i open my Roth for 2 years now... 12.5K contribution... i max it out every year.. options is great if you understand how to trade them.. i trade nothing but options and so far its doing very well..

[@leftysidewinder]

Roth gains are tax free, but Roth losses are not deductible

[@ericdouglas9380]

How is 15-20 years “really close to retirement”

[@jaydenherrera9306]

Currently 40% VOO, 30% VXUS and 15/15 with VNQ and SCHD - been enjoying it so far but thinking of adding some type of fixed-income vehicle despite my age (20) thinking zero-coupon bonds ? Roth IRA is the account.