Why Net Worth EXPLODES After $100K: Learn The Secret!

  Рет қаралды 944,235

ClearValue Tax

ClearValue Tax

Күн бұрын

FREE STOCKS:
💵 a.webull.com/i...
Get up to 20 FREE STOCKS when you open up a stock account.
RESOURCES:
🏆 Visit our Free Website on Financial Education: clearvalueinve...
🏆 Enjoy our Free Financial Templates: clearvalueinve...
SUPPORT OUR WORK:
Join this channel to support us by being a member: / @clearvaluetax9382
Patreon: / clearvalueinvesting
ClearValue Tax and affiliates and related parties do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Thank you for your support!
Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

Пікірлер: 2 000
@racheldavis4356
@racheldavis4356 2 ай бұрын
I appreciate how straight to the point you are and that you don’t promote so many ads on your videos! Thank you for your seriousness!
@datbio7302
@datbio7302 2 ай бұрын
you didn't see two ads?
@jessiesiegexabers5586
@jessiesiegexabers5586 2 ай бұрын
I seen one ☝️ and I’m glad only one at the end.
@preparedscouter2357
@preparedscouter2357 2 ай бұрын
Shared with my teen, he doesn't listen to me, he holds you in regard, so hopefully he'll listen to you
@HaOsLsE
@HaOsLsE 2 ай бұрын
If your teen holds Brian in high regard he has a chance! Let Brian be his mentor, he will lead him in the right direction. Trying to get my kids on this too. They're grown and making good money now but not on the investment train yet.
@MotionWings37
@MotionWings37 2 ай бұрын
Robert keyosoki is good also
@desperanto.
@desperanto. 2 ай бұрын
Sigh, just let teens be teens.
@taniahummelgard2290
@taniahummelgard2290 2 ай бұрын
Funny I did the same thing with my 15 year old son.
@StuggleIsSurreal
@StuggleIsSurreal 2 ай бұрын
@@desperanto. How's that working for Baltimore? Detroit? LA? SF? Hahaha... 'Cause 14-year-old girls are so insightful? Hahaha...
@cgbach
@cgbach 2 ай бұрын
I hit my first 100k last year at age 31. I’m so happy!!!!!
@traivon3760
@traivon3760 2 ай бұрын
Hit it last year at 30, on the road to 200K. Nice to see that with 100K, you're already 50% until 200K.
@jordandesmet6593
@jordandesmet6593 2 ай бұрын
Nice. I want to buy MSTR when the market crashes in a few weeks
@cgbach
@cgbach 2 ай бұрын
@@traivon3760 congrats brother :)
@AnointedOne4God
@AnointedOne4God 2 ай бұрын
Nice job !👍
@dragonraider14
@dragonraider14 2 ай бұрын
Nice job man!
@the_stixXx
@the_stixXx 2 ай бұрын
I think you're the man! Selling nothing and providing invaluable advise. Truly for the people.
@jacobcho7495
@jacobcho7495 2 ай бұрын
Brian is the older cousin or uncle that I needed when I was growing up.
@sammyjones2180
@sammyjones2180 2 ай бұрын
Isn’t that the truth. I had probably around 170k at the age of 26 from playing poker and I was clueless about investing because my dad or any other family member really did it. I’m 45 now and pound into my son(who’s 16) and any younger people I meet at the gym or wherever.
@84zezar
@84zezar 2 ай бұрын
I had around 30k net Worth in 2012 at age 28 when i bought my first home in LA. Than got a second home in 2017 and rent my first one. Now today at 40 years old with a family of 7 i have around 1.1M net worth. And making under 100k in the past 10 years. Hope i am on track to having over 5M by the time i retire. 🙏
@TanManFixes
@TanManFixes 2 ай бұрын
leave Kali and you can retire without worry
@mikes.2471
@mikes.2471 2 ай бұрын
over 2 mil net worth from real estate.
@AdrianRomeroJr
@AdrianRomeroJr 2 ай бұрын
nice bro! where did you buy in 2012 with 30K lol Curious bought my first property 2022 at age 26 in South LA, 500K Duplex that needed work. keep going bro! keep inspiring.
@Sanjar10A7777
@Sanjar10A7777 2 ай бұрын
Great! But, target to 10m at least. By the time you retire your 5m will like 1m in today’s money.
@foreignstory
@foreignstory 28 күн бұрын
Which bank pays that kind of interest? Let me know please
@2cartalkers
@2cartalkers 2 ай бұрын
Brian is correct, I know and am living it. The "magic of compounding." Everyone wants to get rich fast but getting rich slowly does work.
@Xtina2525
@Xtina2525 2 ай бұрын
100%!
@JesusGarcia-cs9wl
@JesusGarcia-cs9wl 27 күн бұрын
Really...🤔 Let us in on where you're getting 10% on your money. 💰🤔 Safely, not high risk I'll move my money there tomorrow.
@robertd..17
@robertd..17 26 күн бұрын
The S&P average annualized return since its inception in 1928 through 2023 is 9.90%. The average return since adopting 500 stocks in 1957 through 2023 is 10.26%. Brian is correct. The problem for most people is that they never use the keys they have been given. You must start investing. The door will never open if you don’t insert the key. Key = money.
@Crackmode119
@Crackmode119 9 күн бұрын
@@robertd..17investing where? How do we compound? I apologize for my ignorance Net worth 15k
@vizxd2422
@vizxd2422 8 күн бұрын
​@@JesusGarcia-cs9wl bitcoin. You can easily 2-5x your money if you hold whatever you invest for 5 years.
@petemarsh3446
@petemarsh3446 2 ай бұрын
"Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” -Albert Einstein
@shanedavison7473
@shanedavison7473 2 ай бұрын
If you get married your wife will neither understand this or care and she will bankrupt you.
@godzeus9702
@godzeus9702 2 ай бұрын
😂 don’t worry the IRS is going to whisper give me all your money. Cause you will own nothing and be happy. 🤫🤫🤫🤫🤫🤫🤫🤫🤫🤫
@cayleecheer
@cayleecheer 2 ай бұрын
Not like we heard this one before 😅
@DaisyJamesCo
@DaisyJamesCo 2 ай бұрын
​@shanedavison7473 😂😂😂 I'm a wife, and I'm the investor in my household. But, statistically, you're likely right 🤣
@shanedavison7473
@shanedavison7473 2 ай бұрын
@@DaisyJamesCo Sorry, there are always exceptions. I have just not encountered any so far.
@Summerof-dh4re
@Summerof-dh4re 2 ай бұрын
Had I known when I were young. But I shared with my two daughters ages 22 and 18. They're gonna be good because of you! Thank you
@Helixal
@Helixal 2 ай бұрын
Brian, you are one of the rare few giving out fantastic and high value facts about growing wealth. Thank you.
@ryann8348
@ryann8348 2 ай бұрын
Finances are exponential. Live above your means, borrow, and your debt can spiral exponentially. Live below your means, invest, and your net worth can grow exponentially.
@baldeagle4710
@baldeagle4710 2 ай бұрын
Yes but it depends on the whims of the market. In 2022, investing would have actually caused you to lose money. Higher interest rates have subdued the market. I’m hoping things will change soon. I am heavily invested in tech and my returns have been meh the past two years
@obj9952
@obj9952 2 ай бұрын
Why wasn't I taught this in Jr. high school?? GEESH! Your a very smart man Brian, I wish you were my teacher in Jr. High... Blessings
@dimitrovbmw
@dimitrovbmw 2 ай бұрын
Because it's a pawnzy scheme that works only if there's an inflation. Aka assets growing up by 10% for many many years mostly because of inflation.
@jg-pl7jz
@jg-pl7jz 2 ай бұрын
When I was in Jr High... Apple was trading at $0.25 So... I blew my future wealth on Pac Man and Super Mario
@joeashbubemma
@joeashbubemma 2 ай бұрын
This has been around forever. Einstein said compounding is one of the most powerful forces in the universe.
@HaOsLsE
@HaOsLsE 2 ай бұрын
He's too smart to apparently to have taught at your school. "You're". :)
@abcdefzhij
@abcdefzhij 2 ай бұрын
Because they very deliberately don’t WANT you to learn this in school. If everyone knew this it would be bad news for the rich people exploiting us all.
@TooManyPBJs
@TooManyPBJs 2 ай бұрын
The continued shots at Graham Stephen LOLL
@420Trader
@420Trader 2 ай бұрын
hahaha I was just about to comment the same thing. 😂 😂
@whatta7793
@whatta7793 2 ай бұрын
Brian straight up destroying him, too. Brian is easily the best finance channel on YT, straight to the chase.
@2alawabidingcitzen
@2alawabidingcitzen 2 ай бұрын
I love it I stopped watching bro cuz of B cuz I started seeing what he was talking about with him. He don't provide no value nothing like B
@danielj3010
@danielj3010 2 ай бұрын
We love it.
@whatta7793
@whatta7793 2 ай бұрын
@@2alawabidingcitzen facts, I used to watch Graham years ago but it's the same clickbait BS with overdone thumbnails and repetitive talking points.. Brian where its at
@tobias99zx
@tobias99zx 2 ай бұрын
I saw this happen with my wife's 403b..First 18 years of contributing, we got to $95,000...all her $ was in fixed funds...in March 2020 market collapse, I got her $ into stock funds...She is now back into TIP fund with $220,000..We have been fortunate to be able to put in at least $10,000 every year for the the past 4 years. Her employer has been matching 6% for the last 23 years
@Active0000
@Active0000 2 ай бұрын
I'm at $49k at 24, excited for $100k
@tycondero1647
@tycondero1647 2 ай бұрын
Great result at 24 already. You're well on your way. Keep going.
@failedsociety0
@failedsociety0 2 ай бұрын
Nice work bro i am at 10k$ at 20. My goal was 100k$ this year but did not reach it. Good luck with ur journey ❤
@Active0000
@Active0000 2 ай бұрын
@@tycondero1647 thank you!
@Active0000
@Active0000 2 ай бұрын
@@failedsociety0 thank you! You're doing even better than me!! Keep it up man!
@standartenfuhrerhanslanda343
@standartenfuhrerhanslanda343 11 күн бұрын
You’re ahead of the game
@clarenceishmael9615
@clarenceishmael9615 2 ай бұрын
Down to earth simplicity! Love it.
@jmrub06
@jmrub06 2 ай бұрын
Brian let me borrow $100K, I’ll pay it back in 4 years😂
@datbio7302
@datbio7302 2 ай бұрын
You didn't get the point. It is NOT 100K alone will get you to 1M, it is consistently saving up 10K each year with investing to get you the 1M.
@skippylippy547
@skippylippy547 2 ай бұрын
@@datbio7302 Exactly. Thank you for making that point.
@skippylippy547
@skippylippy547 2 ай бұрын
JM - But what does Brian get for lending you $100K for a 4 year period? That would be a very bad investment of HIS money. High risk and ZERO return. Go get two jobs and WORK HARD for your money.
@heleneelong3679
@heleneelong3679 2 ай бұрын
😂😂😂😂
@heleneelong3679
@heleneelong3679 2 ай бұрын
​@@datbio7302 I sure it was just a joke😂
@miken7629
@miken7629 2 ай бұрын
True, I started out with minimum wage @ $1.25 hour, now have $2.5 million. Took from 1972 to 1996 to build my first $100k, got knocked back down to zero many times but eventually made it, in Dec 1989 with my last $13 dollars I bought a 1889 silver dollar and decided that was my good luck coin and made it from zero to $100k in 1996, from 1996 to 2010 it grew to $1 million, retired with $1.55 million in July 2012, grew to $2.5 million during retirement in August 2024, still have that silver dollar in my pocket. 10% seems high, my average gain over last 12 years has been 5.3% but that includes withdrawals for living expenses.
@HughJass-313
@HughJass-313 2 ай бұрын
😂😂
@Mmm-y5w8o
@Mmm-y5w8o 2 ай бұрын
Yer it’s good to be lucky
@MargaretGSmith-c1q
@MargaretGSmith-c1q Ай бұрын
miken, love your story. congrats!
@dyslexicbatnam1350
@dyslexicbatnam1350 19 күн бұрын
"Just pull yourself up from the bootstraps buckos. It's so easy, I did it 30 years ago."
@ranp237
@ranp237 3 күн бұрын
How did you turn $100k to $1M in 14 years when your average gain was 5.3%? it doesn't add up? "made it from zero to $100k in 1996, from 1996 to 2010 it grew to $1 million"
@dng7656
@dng7656 2 ай бұрын
What Brain said is the truth. I'm at year 13 on my journey and I see that explosive growth.
@Rubyruby287
@Rubyruby287 Ай бұрын
I’ve always been an advocate of investing too because it has paid off handsomely since I decided to dabble in it. I've seen my net worth grow exponentially the past 2 years.
@Niveen175
@Niveen175 27 күн бұрын
Hi not everyone is as fortunate as you with trading. Can you share how you are able to do it?
@Rubyruby287
@Rubyruby287 27 күн бұрын
Jonas Herman’s analysis isn’t just about short-term gains; it’s a solid long-term strategy. I have had great relief working with him as my previous experiences with others were dreadful.
@Sithembile499
@Sithembile499 27 күн бұрын
That's your view. In my experience, there is no such formula, it is nearly impossible to achieve success with investing. It’s all just gambling.
@Vikturneer
@Vikturneer 27 күн бұрын
I just delved into investing but it seems too complex for me. I'm barely making any progress. Can he help me?
@Rubyruby287
@Rubyruby287 27 күн бұрын
Hermanw jonas that’s his gmail okay
@TheBrightFuture30Channel
@TheBrightFuture30Channel 2 ай бұрын
The information you present on your YT channel is informative, useful, and honest. There is a lot to learn from you; many are watching and paying attention to every word you say. Thank you for the work that you do.
@andrewpinkham9904
@andrewpinkham9904 2 ай бұрын
The problem is consistently making 10 percent on your savings, the loss of value of your savings and the inability to save 10k every year
@itguru2037
@itguru2037 2 ай бұрын
He’s ridiculous
@dimitrovbmw
@dimitrovbmw 2 ай бұрын
​@Slov_ easy to say hard to do, the higher the return, higher the chances of loss
@Slov_
@Slov_ 2 ай бұрын
@@dimitrovbmw my 100k portfolio says otherwise...
@davidjackson2179
@davidjackson2179 2 ай бұрын
Just hold through bear markets. Don’t panic sell during the dip. Also if you’re near retirement age take some money out of the market so you don’t feel pressured to sell.
@JW-ku7nn
@JW-ku7nn 2 ай бұрын
Just put it in an Index fund and forget about it. Market return varies year-to-year but the historical rate of return has been about 10 percent on average for the last 30 years.
@clownfish7776
@clownfish7776 2 ай бұрын
A man full of wisdom and a no non-sense attitude. Have a great weekend, Brian, and thank you for sharing all your knowledge.
@SkyBear0509
@SkyBear0509 2 ай бұрын
This guy is the only financial guy on YT I subscribe to
@troychambliss784
@troychambliss784 2 ай бұрын
Same
@derekstorey4097
@derekstorey4097 2 ай бұрын
Brian, First, Outstanding graphics. Easy to read and paced well. I appreciate these free classes and hope to pay you back by retiring comfortably. Please continue these types of videos from time to time. They are very informative and easy to understand.
@DijaVlogsGames
@DijaVlogsGames 2 ай бұрын
It‘s the same principle when doing vom 1k to 10k, or going from 10k to 100k. So the 100k is simply the point where your money will make enough money to be literally life changing. But you can also use these principles to grow small amounts of money, so don’t feel discouraged!
@nunyabidness-y2r
@nunyabidness-y2r 2 ай бұрын
You and Holy Schmidt... no nonsense financial advice without sensationalism
@tamaravaughan503
@tamaravaughan503 2 ай бұрын
Agreed!
@rubiirae
@rubiirae 2 ай бұрын
Very true. Witnessed it 1st hand in my 401k & Roth IRA accounts. The moment my investment passed $100k, it has been a steady 20% growth year after year. By time I reach 59.5 for withdrawal, I'll have over $200k annual dividends tax free to spend from my Roth alone, on top of the capital gain in the millions.
@gliver2549
@gliver2549 2 ай бұрын
@@gyrate98no its possible if you leverage your funds like fngu
@davidyoung1610
@davidyoung1610 27 күн бұрын
20% average annual growth?? That’s fantastic!
@AubryRugBurn
@AubryRugBurn 2 ай бұрын
Wish I could shout this part at around 7:24 into everyone's ear. I know plenty of friends and family who become total cheapskates to increase their savings, but the part that helps the most, in my experience, is learning how to: -- Training up - If you work at McDonald's, become the manager, a literal 19-year-old can do it, why aren't you? Don't be and don't surround yourself with the type of people that say: "I don't want the responsibilities" while also complaining that their bosses have it so easy. They're confused about which one it is in the first place, don't let the blind lead you. - Negotiate salaries - Spot dead-end jobs and LEAVE for a better job before you waste time trying to get raises there - Constantly apply to new jobs, even when you have a job, if not especially when you have a job, to ensure that you're always moving toward the best salaries at better companies. Every interview is practice, so it doesn't matter if you don't get the job, it matters that you're learning.
@YeshuaKingMessiah
@YeshuaKingMessiah 2 ай бұрын
No responsibility worth $5 an hr more for $1 an hr more Nope
@AubryRugBurn
@AubryRugBurn 2 ай бұрын
@@YeshuaKingMessiah brother that is the shortsighted thinking I'm talking about. You're tripping over a 4 dollar difference that you'll only have to put up with for about 4-5 months before you hop somewhere else?
@YeshuaKingMessiah
@YeshuaKingMessiah 2 ай бұрын
@@AubryRugBurn where u hopping, Burger King instead? Maybe DG All those crappy places don’t get u a leg up to real $ jobs
@keihobbies
@keihobbies 2 ай бұрын
Best timing for this post lately i’ve been feeling impatient and down. Your video helped me put my head back to perspective! Thank you so much for sharing your knowledge and advices!
@jjhbball
@jjhbball 2 ай бұрын
I appreciate that you acknowledge economic difficulties and realities, but you also keep it positive and hopeful.
@ROMANE-4.20
@ROMANE-4.20 2 ай бұрын
This , this is why I subscribe to this man here, trust worthy and humble and the best accountant
@montyshelton5494
@montyshelton5494 2 ай бұрын
As always thanks for sharing Brian. from 54800.34 in debt 14 years ago to worth mid 7 figures not bad for a bastard child with only a GED, but with hell of a work ethic and some damn good mentors like YOU BRIAN. Of course my bride allowing me to do the extreme things I did to get us here, thanks Sweetpea!
@ZelenoJabko
@ZelenoJabko 2 ай бұрын
You have 5 million?
@HelloDaisy
@HelloDaisy 2 ай бұрын
I wish you all the sucess Brian!! You've given us so much insight without BS and get straight to the point!! I been watching you since covid 2019 and dropped all the other finance youtubers because its repetitive while you give us up to date information!!
@datbio7302
@datbio7302 2 ай бұрын
This simple investment strategy should be taught in school. Who care about the subject of history and literature!! They should add personal finance as a required subject.
@josephdepasquale4779
@josephdepasquale4779 2 ай бұрын
Im 71 I doubt ill live that long at this point, but at least i have 100k
@cedric5055
@cedric5055 2 ай бұрын
You’re fucked man
@austensmith6857
@austensmith6857 2 ай бұрын
You got like 10 years left , enjoy it bb
@qwertysidsid
@qwertysidsid Ай бұрын
@@austensmith6857damn alright we got god over here 🤦🏽‍♂️
@jayare273
@jayare273 26 күн бұрын
He could live much longer than that if he lives healthy. Just don’t eat like an American. No seed oils. Little sugar. Low carbs.
@x2dab184
@x2dab184 2 ай бұрын
33 years old. 300K in my 401K. I'm hoping to retire at 50.
@datbio7302
@datbio7302 2 ай бұрын
that is impressive
@soundsnags2001
@soundsnags2001 2 ай бұрын
How are you going to access those retirement funds without severe penalty at age 50?
@x2dab184
@x2dab184 2 ай бұрын
@@soundsnags2001 My retirement contract at work is 3% at 50.
@MakeItMakeSense285
@MakeItMakeSense285 2 ай бұрын
@@x2dab184Don’t forget about Uncle Sam.
@SpookyEng1
@SpookyEng1 Ай бұрын
@@soundsnags2001 Put some money in taxable over the next 20 years to bridge to 59 1/2?
@SquirrelRascala
@SquirrelRascala 2 ай бұрын
This is the most honest and real video I've ever seen on KZbin. Thanks for this! I will start spending less from today
@logratumeta9251
@logratumeta9251 22 күн бұрын
I have been watching too many financial advice videos on KZbin but nothing so direct, clear and straightforward like yours. Thank you for sharing
@EvaTess
@EvaTess 2 ай бұрын
You forgot to say how to get 10% return every year guaranteed please
@dallasbateman2220
@dallasbateman2220 2 ай бұрын
It's not guaranteed every year, it's the S&P 500 average return over the last 100+ years. Some years lose 5% while others make 20%. It all averages out. The only way to make that return is by investing. You can't drop it off at your bank and expect that type of interest.
@Jeromecomedy
@Jeromecomedy 17 күн бұрын
Returns vary by yr, but S&P Index funds are up 35% this year. - Check it out with discount brokerage’s like Vanguard, Fidelity or Schwab. 🖖😎
@ddunvideo
@ddunvideo 10 күн бұрын
You noticed as well.
@abteenz
@abteenz 2 ай бұрын
I’ve had 100k since 2017 and the reality is that your money doesn’t double every year. The biggest contributor to my money growth is still my income source and savings.
@Kinetic754
@Kinetic754 2 ай бұрын
Why would it double 😂. No one has those type or returns every year
@CageThePeople
@CageThePeople 2 ай бұрын
Are you well invested in funds that track the S&P 500?
@rp-wb6xn
@rp-wb6xn 2 ай бұрын
Generally 7 years to double in spy
@andrewsnyder9262
@andrewsnyder9262 2 ай бұрын
You may not be invested properly. We have had massive bull runs since 2017 and your $100k should be way more now.
@typewriter6885
@typewriter6885 2 ай бұрын
The one cent doubling scenario was only used to show compounding. Find something that gives you min of 4% not those silly savings accounts that gives you pennies of return.
@ChristopherChartier
@ChristopherChartier 2 ай бұрын
I drive an $1800 car and I got 63K in my IRA. Plan on retiring in 24 years. Let's keep the hooptie going!
@ismaelsalgado0326
@ismaelsalgado0326 2 ай бұрын
How old are you?
@TanManFixes
@TanManFixes 2 ай бұрын
I hope its toyota or honda lmfao
@gliver2549
@gliver2549 2 ай бұрын
nice, sp500 or nasdaq index funds, slow and steady wins the race, youll def hit 2 to 3 million by retirement
@snakeonia7542
@snakeonia7542 2 ай бұрын
Don’t retire
@guerrilla_radio
@guerrilla_radio 2 ай бұрын
Don't rush into retirement. People degrade very quickly when they retire.
@jmorris023
@jmorris023 2 ай бұрын
This is so true. It feels like yesterday I broke $100k, now I'm at $1.6.
@bestman7776
@bestman7776 2 ай бұрын
Stocks?
@jordancarlin9687
@jordancarlin9687 2 ай бұрын
Meh. U were born in the right time . We’re entering an era of massive credit contraction , after the greatest run of credit expansion of all time . This whole video is moot
@mohanish
@mohanish Ай бұрын
Congrats bro
@dyslexicbatnam1350
@dyslexicbatnam1350 19 күн бұрын
@@jordancarlin9687 This one gets it
@Ricked21
@Ricked21 Күн бұрын
6 years 250k in your time... not timing called discipline.
@imnotarob0t1984
@imnotarob0t1984 2 ай бұрын
Thank you! I've been on KZbin all day and this is the best, no nonsense video. 10/10 video for real
@cbsharpe0824
@cbsharpe0824 2 ай бұрын
Much appreciated! Advice like this never gets old!
@MT_454
@MT_454 2 ай бұрын
Happy Friday Brian!
@clearvaluetax9382
@clearvaluetax9382 2 ай бұрын
Happy Friday Midnight Toker! I wish you a great weekend!
@FlatWaterFilms
@FlatWaterFilms 2 ай бұрын
At age 70, I'm finding I need that $500 Month dividend from 130k just to stay even these days. It's all liquid in a HISA. Yes, I'm the exception as I got it though a judgement last year. I need those funds liquid as the time will come when a new vehicle is in order, a new roof on the house or just spending in down living life while I can. Having an extra 100k is different when you reach my age versus someone 30 or 40. Just my take on things.
@cadizwilmo9687
@cadizwilmo9687 2 ай бұрын
Brian is the Man when it comes to Money News and Money Making! Thank you Sir!
@mindingmyowntx6542
@mindingmyowntx6542 2 ай бұрын
You might be the most honest person on the web sir, thank you for the knowledge
@davidlopez2560
@davidlopez2560 2 ай бұрын
Thank you for your invaluable advice. I appreciate your honesty and transparency. Great work Brian
@brett4932
@brett4932 2 ай бұрын
If you have good credit PMI is legit not even a big deal at all. On a $600,000 loan my PMI on a 30-year amortization is only $118/month. Don't let PMI and Dave Ramsey scare you away from getting into a house!!!
@clearvaluetax9382
@clearvaluetax9382 2 ай бұрын
Yes, the first home I bought, I had PMI. I could only save 10%, there was no realistic way of me getting 20%. I did try to get rid of that PMI as fast as I could though.
@mandypdx
@mandypdx 2 ай бұрын
Agree. My loan was about $540k and PMI is $78/mo
@brett4932
@brett4932 2 ай бұрын
@@mandypdx yeah I don’t understand when people like Ramsey are like “PMI is $75-$100 per hundred thousand”. Like no dawg, no it’s not.
@f430ferrari5
@f430ferrari5 2 ай бұрын
Never did PMI. First home $185k in mid 90’s. 20% $37k. Sounds small but was done on around 30k salary at the time. Sold 7 years later at $350k. Had enough profit to put 20% down and buy $500k. Home now worth $1.5 million. So my initial $37k turned into $1.5 million.
@1pyroace1
@1pyroace1 2 ай бұрын
@@clearvaluetax9382so when can I drop or get pmi removed if the house going up in value
@OneJuanWon
@OneJuanWon 2 ай бұрын
Always great advice and helpful information. As always, thank you Brian. 👍
@Midnightrave69
@Midnightrave69 2 ай бұрын
This is fucking true, the sheer confidence as well pushes you
@null_1065
@null_1065 2 ай бұрын
One of the best financial literacy videos I've ever seen, thank you very much Brian
@striderpak
@striderpak 2 ай бұрын
Thanks for doing this video, I've been telling friends and families this for years
@DavidDavisDH
@DavidDavisDH 2 ай бұрын
I just started investing 2 years ago, I'm currently at $12k. I'm pretty pleased with my hard work. I do dollar cost averaging, a set amount every month. I also have a Roth IRA $4k, so it's split in both accounts. I wanted one account for the next 10 years and the other one for 59 years old.
@Mactakun
@Mactakun 2 ай бұрын
FYI you should max your Roth out first before any brokerage investing. It’s tax free on earnings and you can withdraw your contributions with no penalty. It’s a win-win.
@clearvaluetax9382
@clearvaluetax9382 2 ай бұрын
Congrats on the $12K David! That's awesome. You will gain more and more momentum. Keep adding and keep going. The Roth IRA is a good pick to do it in.
@DavidDavisDH
@DavidDavisDH 2 ай бұрын
@@Mactakun Cool, I'll do that! I wonder if it's worth transferring my Robinhood money to my Roth IRA?
@mrcmid9132
@mrcmid9132 2 ай бұрын
👍 great job! Keep going and don't stop.
@HughJass-313
@HughJass-313 2 ай бұрын
​@@DavidDavisDH ROTH IRA is capped at $5,000 or $6,000 per year. So keep that in mind ❤❤
@charzong
@charzong 2 ай бұрын
This is the best truthful advise ever.
@Z_Co95
@Z_Co95 2 ай бұрын
I hit 100k at 28, super blessed!
@genwill7677
@genwill7677 2 ай бұрын
Brian is God sent. I love his honesty and transparency 🙏
@crsrag007
@crsrag007 2 ай бұрын
Brian you do excellent work with all the different strategies one can employ to improve. Thank you so much for your good word and positivity.
@bjlbernal
@bjlbernal 2 ай бұрын
This advice is nothing new. The real advice people need to hear is, "Unless you are willing to suffer to get to $100k, you are almost guaranteed to stay broke if you live like you are rich now."
@alonsoledesma9609
@alonsoledesma9609 2 ай бұрын
your advice is literally nothing new as well 😂
@bjlbernal
@bjlbernal 2 ай бұрын
@@alonsoledesma9609 And yet it is the least given advice.
@donaldlyons17
@donaldlyons17 2 ай бұрын
@@alonsoledesma9609none of their advice takes into account all the other factors required to end up with 100k IMO…
@20891
@20891 2 ай бұрын
@@alonsoledesma9609he’s probably broke and angry at the world
@ruddersidedown
@ruddersidedown 2 ай бұрын
Yes sir! I lost all my wealth in a divorce 14yrs ago. I even dipped into my IRA. I was paycheck to paycheck for a long time. I slowly invested (dca) in the stock market in 2015 and also learned about digital assets in 2020. I can breathe again... I'm not rich, but will be well off by time I'm 60. It doesn't happen overnight, start now. Don't spend money on foolish things. Enjoy what you have.
@HassanGillani-el9xf
@HassanGillani-el9xf 2 ай бұрын
How do you get 10% rate of return?
@malikomonov1663
@malikomonov1663 Ай бұрын
Invest in gold, it’s gonna grow in 7-10% rate in long term
@joeheineman2794
@joeheineman2794 2 ай бұрын
Invaluable information in every video. Thank you Brian! We need more people like you!
@SadGhost-f4h
@SadGhost-f4h 2 ай бұрын
Dude I like how clearly you deliver information!
@jrraven3230
@jrraven3230 2 ай бұрын
Thanks Brian 🙂
@clearvaluetax9382
@clearvaluetax9382 2 ай бұрын
Thank you for all the support JR Raven! I hope you have a very nice weekend!
@cryptokids3760
@cryptokids3760 2 ай бұрын
1:36 Try that in February
@rocketj7449
@rocketj7449 2 ай бұрын
...."the one that Graham Stephen promoted" I'm rolling on the floor 🤣
@dawolvx3098
@dawolvx3098 2 ай бұрын
Thank you Brian! These are basics that need to be taught in schools.
@edwardbritt6773
@edwardbritt6773 2 ай бұрын
Great video I’m making my teenager watch it multiple times!
@pauls064
@pauls064 2 ай бұрын
If you can reliably compound at 10% (real return) after tax and inflation, you’re doing better than most professional investors. Easier said than done…
@CIPHERFLEX
@CIPHERFLEX 2 ай бұрын
Yes, amazing video! Nobody understands the value of simply living below one's means and treating your money like your future depends on it.
@lucretiz
@lucretiz 2 ай бұрын
I LOVE made my first 100k at 35. I am childfree too.
@byunism
@byunism 2 ай бұрын
it gets insanely fast once you hit the milly mark... doubled in like 4 years but this is with zero debt... what Dave Ramsey preaches
@datbio7302
@datbio7302 2 ай бұрын
Having debt or not, saving 15% of your earning.
@Ayan-sn2vb
@Ayan-sn2vb 23 күн бұрын
Great straightforward advice. I will share it with friends and family.
@Luky1731
@Luky1731 2 ай бұрын
This one of the best videos ever, life changing! Thank you for the powerful education.
@5250ITW
@5250ITW 2 ай бұрын
I’m using my equity to move out of state and buy a house cash. Got over $100k in investments and an emergency fund. Zero debt! You have to hustle and sacrifice.
@IONJC
@IONJC 2 ай бұрын
Love your content and how you present it❤
@jschlegel3047
@jschlegel3047 2 ай бұрын
This is a great video!! Sharing with my teen kids and nephews. This is great content.
@mrdashin8323
@mrdashin8323 2 ай бұрын
Your channel is full of solid advice.
@DoBoBn
@DoBoBn 2 ай бұрын
That shade thrown at Stephen Graham lol
@IntrovertedE
@IntrovertedE 2 ай бұрын
My net worth is $800k accross various investment accounts. I earn about $5k/month passively. I don't spend it. Just reinvest. It's true. And it works. I am swimming in money and I could stop working soon if I wanted to. (But I make $300k/year so I wouldn't stop working yet. It's a haul!)
@method341
@method341 2 ай бұрын
Isn't it ironic that when you have it, you don't need it, but when you don't have it, you do 😂😂😂
@RyanHoguePassiveIncome
@RyanHoguePassiveIncome 2 ай бұрын
$1M is the new $100K
@MargaretGSmith-c1q
@MargaretGSmith-c1q Ай бұрын
Very true.
@PokemonMysteryFinder
@PokemonMysteryFinder 2 ай бұрын
Thank you for your honest opinion and good advises it really genuinely helped me a lot, looking forward for much more videos like this one brother
@sandiegosunshine8006
@sandiegosunshine8006 2 ай бұрын
Please make more personal finance videos like these!! Very helpful 🎉
@nathanhumphries5250
@nathanhumphries5250 2 ай бұрын
I just wish I would have learned this lesson about 10 years ago. Now I'm trying to play catch up. I can't wait to hit that $100K.
@levont.husser153
@levont.husser153 2 ай бұрын
It definitely exploded after 100k, I agree 100%
@clearvaluetax9382
@clearvaluetax9382 2 ай бұрын
Yes, it was just a grind getting there. Patience and discipline.
@levont.husser153
@levont.husser153 2 ай бұрын
@clearvaluetax9382 You hit the nail on the head "Patience & discipline," and I still buy heavily!
@ChrisHernandez-t1j
@ChrisHernandez-t1j 2 ай бұрын
I hit 100k in May and I’m now at 180k I need guidance on where to put my money it’s just liquid at the moment any guidance on where and how to start? 37 year old
@ChrisHernandez-t1j
@ChrisHernandez-t1j 2 ай бұрын
Once I reached my 100 K the next 80 came fast within three months
@levont.husser153
@levont.husser153 2 ай бұрын
@@ChrisHernandez-t1j You reached 180k without investing? Buying index or etfs. I love VOO & QQQM
@NadertheGreat100
@NadertheGreat100 2 ай бұрын
Late bloomer, hit 300k networth at 39. Rapidly approaching our target goal. Keep strong everyone.
@ChrisHernandez-t1j
@ChrisHernandez-t1j 2 ай бұрын
I hit 100k in May and I’m now at 180k I need guidance on where to put my money it’s just liquid at the moment any guidance on where and how to start? 37 year old
@Mint-kj9kw
@Mint-kj9kw 2 ай бұрын
​@@ChrisHernandez-t1j Wait til the market crashes in 2025.
@MalfunctionzDubstep
@MalfunctionzDubstep 2 ай бұрын
@@ChrisHernandez-t1j Bogleheads 3 fund portfolio
@CC-bm3wb
@CC-bm3wb 2 ай бұрын
Very nice!
@SurpriseMeJT
@SurpriseMeJT 2 ай бұрын
good job, you're probably already reached Coast-fire. I'm at 520k at 45 years old and should be on track to retire early. That day cannot come soon enough. Work sux.
@bossballheaddawg2588
@bossballheaddawg2588 2 ай бұрын
Bro! This is the best explanation I've ever heard! Great content
@csick11
@csick11 2 ай бұрын
This is one of my favorite videos from Brian. Thank you
@15IgorS
@15IgorS 2 ай бұрын
In 20 years your first 100k be like 10k right now with the inflation lol. But good video Brian!
@HettieClausenTl
@HettieClausenTl Ай бұрын
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
@matteohenry33
@matteohenry33 Ай бұрын
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
@garbarradio
@garbarradio 2 ай бұрын
VERY TRUE. Listen to this man.
@StevenCantu
@StevenCantu 2 ай бұрын
Simple and to the point. Excellent video! Very important for everyone
@christopheraquino4711
@christopheraquino4711 2 ай бұрын
Thank you Brian, one of the best blog and advice as usual, I will share this to my friends, co workers and family members luckily I passed the 100K plus mark and still contributing 15% +6 % match from our company.
@ranchandard2840
@ranchandard2840 2 ай бұрын
The most important lesson is to get a job where you can save 10k/year 😂
@thetapheonix
@thetapheonix 2 ай бұрын
That’s it. Invest into S&P 500 is easy, making enough to live off of and invest is hard and is never covered.
@SisyphusJP
@SisyphusJP 2 ай бұрын
@@gyrate98 go back graham Stephan’s channel. 🤢
@ceptember.
@ceptember. Ай бұрын
Probably will have to live in your car ​@@thetapheonix
@argg.x
@argg.x 2 ай бұрын
"The first $210,000 is a bitch, but you gotta do it." Updating Charlie's quote for 2024.
@gliver2549
@gliver2549 2 ай бұрын
if he was coming out of the grave 😂
@hollowpointdaze7363
@hollowpointdaze7363 2 ай бұрын
Most people don’t plan to fail, they fail to plan, Brian is correct on what he is telling you, listen to him.
@LuisGonzalez-dn4cz
@LuisGonzalez-dn4cz 2 ай бұрын
Very well explained, great financial education video, thanks for sharing the knowledge 🙏🏻
@chillydog5191
@chillydog5191 2 ай бұрын
This was important for me to watch! Appreciate the demonstrations and advice!
@dimitrovbmw
@dimitrovbmw 2 ай бұрын
The example within the pennies is not the same because the growth there is by 100% not by 10%
@thetapheonix
@thetapheonix 2 ай бұрын
The Pennie’s growth also has no guarantee of return
@AngelsAreFalling
@AngelsAreFalling 2 ай бұрын
Yeah, tha math ain’t mathing !
@datbio7302
@datbio7302 2 ай бұрын
It is just an accelerated demonatration of principle of compouding.
@CanariasCanariass
@CanariasCanariass 2 ай бұрын
Same principle though..
Payday Routine: Do These 4 Things After Getting Paid!
16:16
ClearValue Tax
Рет қаралды 1,2 МЛН
The Best Index Fund and ETF in The Stock Market
8:44
ClearValue Tax
Рет қаралды 297 М.
这是自救的好办法 #路飞#海贼王
00:43
路飞与唐舞桐
Рет қаралды 98 МЛН
龟兔赛跑:好可爱的小乌龟#short #angel #clown
01:00
Super Beauty team
Рет қаралды 118 МЛН
Миллионер | 2 - серия
16:04
Million Show
Рет қаралды 1,9 МЛН
Why Net Worth Goes CRAZY After $100k!
10:13
Mark Tilbury
Рет қаралды 1,8 МЛН
My Advice to Homeowners in 2024 - WATCH THIS Before Acting
17:19
ClearValue Tax
Рет қаралды 869 М.
How to Get A PERFECT Credit Score For $0
19:20
ClearValue Tax
Рет қаралды 1,1 МЛН
How Much Money You Need To Save By EVERY AGE
16:02
ClearValue Tax
Рет қаралды 634 М.
Why Your Net Worth Explodes At $100K
10:42
George Kamel
Рет қаралды 520 М.
How Much Home You Can ACTUALLY Afford in 2024 (By Salary)
18:13
ClearValue Tax
Рет қаралды 401 М.
7 Money Habits That Keep You Poor
10:40
ClearValue Tax
Рет қаралды 170 М.
ACCOUNTANT EXPLAINS: Why Net Worth Skyrockets At 100k
10:29
Alice Cee, CPA
Рет қаралды 193 М.
这是自救的好办法 #路飞#海贼王
00:43
路飞与唐舞桐
Рет қаралды 98 МЛН