Why Our Million-Dollar Portfolio Keeps Me Up at Night

[@Rompelstaump]

I'm loving the financial investment advice. It makes want to start working on getting back into the workforce. As a disabled person, that's easier said than done. I'm lucky to have positive people like Paula and Joe working to help us learn how to build better a financial future for ourselves 🤩

[@affordanything]

I’m honored to hear that I can be a positive influence! I’m cheering you on!

[@Kep19901]

Paul merriman is the best.

[@ManishSabu-c7n]

Sorry, but I disagree with your opinion that a person needs to worry about taxes in their 'brokerage' account ahead of 401k or Traditional IRA. I think once you have received the tax deduction for the 401k and Traditional-IRA, their usefulness is over. You should make your other accounts growth focused and put all your conservative investments (e.g. bonds) into 401k and Traditional-IRA. The reasoning is simple - When you withdraw from 401k or Traditional-IRA you will pay marginal (top) tax rate. However, you have a much favorable tax treatment in your brokerage account for Long Term capital gains. Also, you won't have to deal with the pesky RMDs in your brokerage account. For estate planning purposes, your brokerage account will provide a step-up basis for your heirs but 401k and Traditional-IRA won't. Unquestionably, the HSA is the best because you get the triple tax advantage, but the next best thing is Roth (for long term) and Brokerage (for shorter term bur greater than one year). Your portfolio allocation may dictate that some growth stocks do end up in 401k and Traditional IRA, but that should be your last option.

[@comp20B]

Great analysis and advice. Spot on. Since bonds have been moving in the same direction as stocks, I doubt I'll ever invest in bonds. IMHO the stocks gains will weather any huge market crash and be ahead of a conservative strategy. So I've always stayed high risk stocks and I'll likely stay there even in retirement.

[@ListerBliss]

Thanks for your helpful videos! Love them and your energy, Paula! Regarding Jackie’s question, one other question that comes to mind is more in the logistical weeds than you two went, but probably important info for her to know. Won’t she have to sell out of her current shares, and *wait* for those sold shares to settle before she can buy shares of the 4 funds in her newly diversified portfolio accounts? I think there may be a bit of a lag time between selling shares and their settling into her cash account and becoming available for buying.

[@thomasreedy4751]

@Paula, you reference your podcast IDs a lot in your content. It might be useful to create a similar id system for your KZbin content that is easily searchable (either in title or some other location). Also your editor should provide links to content referenced in the podcast, either directly in the KZbin video frame or the viewers should be made aware of it in the video description. Thanks for the interesting content.

[@affordanything]

I agree -- We need to implement a system for adding both KZbin Cards (midroll) and End Cards into our videos. We'll be hiring someone in the coming months who can assist with these types of tasks. Thanks for your feedback -- I look forward to implementing it in 2025!

[@willnguyen4502]

Ur new studio looks great!

[@affordanything]

Thank you! ☺️☺️ we’ll be adding to it and enhancing it in the coming months, as well!

[@AudricEnriquez]

Smart Investing Made Simple: Bitcoin as a Key to Retirement Planning🇺🇲

[@bayhunter6]

Many new tra-ders face challenges without proper guidance. I found success by learning from James Clark's expertise.

[@AkaraBread]

​@@bayhunter6Exactly, that's why I always rely on Mr. J. Clark's guidance in everything I do.

[@happyferet69]

I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?

[@TammyLapalme]

Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.

[@user-kj2iv6xr7s]

From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

[@Rompelstaump]

Sick outfit! Paula is very stylish and manages to continue to be an approachable presence in the financial education space🤩

[@Kep19901]

45:57 Excuse me?!

[@JenMockensturm-i1v]

I would not sell anything in the brokerage and just buy new funds moving forward. She may not have the right options in her 401k. My 403b had no small cap vale options. In fact we have a great s and p 500 with a super low expense ratio because they are institutional versions of the funds. We have no specific large cap value options in my 403 either. So I bought my other finds in my Roth IRA. The thrift savings plan has limited options too. The life cycle funds are nice in that they have much lower expense ratios than most target date funds. Before they figure out this they need to look at the options in the company plan.

[@DavidKnicks]

Paula is just 😍