Climbing The Investment Ladder

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Tae Kim - Financial Tortoise

Tae Kim - Financial Tortoise

Күн бұрын

Пікірлер
@Nadiasaurus
@Nadiasaurus 2 жыл бұрын
I like how you spoke about the “traditional career path” role in building wealth! I always meet the drop-out/quit-get-rich-quick story with skepticism. It may have worked for them but not for most people!
@the1anonymouse
@the1anonymouse Жыл бұрын
Absolutely, those stories are all filled with survivorship bias. For every drop out that makes it big there's 1000 that end up 10 years behind their peers financially
@chantre17ms
@chantre17ms Жыл бұрын
So true, I get so tired of people telling me the only way to be successful is starting a business. I don't want to start a business, I have enough in my life and I'm not at the position to take those kinds of risks. At least not now.
@midorinart
@midorinart Жыл бұрын
This is one of the most down to earth, practical "guides" to wealth building I've seen so far. None of the "get rich quick" trends you see everywhere on youtube now. I like that you mentioned how starting a business may not be for everyone, because it really isn't. Not everyone is interested in that kind of endeavor where you end up working even more than on a regular 9-5 job. Love your content btw!
@tolagbaja
@tolagbaja Жыл бұрын
I have binge watched so many of your videos tonight and subscribed. I pray your channel continues to grow exponentially! Your content has been such a blessing for me, I feel encouraged that it's not too late for me to get on track 🙏🏾
@NightbladeNotty
@NightbladeNotty Жыл бұрын
It refreshing to get this side of investing, the slow and steady side. I've stressed so much less after watching and really listening 🙏🏼
@silverf0x7
@silverf0x7 2 жыл бұрын
Consice, well researched and presented videos. You're almost making it too easy for everyone Tae🙌
@FirstTimeDad23
@FirstTimeDad23 2 жыл бұрын
Thank God I found this channel. Recommend some books as well please.
@Investtosuccess1993
@Investtosuccess1993 2 жыл бұрын
Just found your channel, love your style of videos. You've earned a new sub.
@gracelandenterprises2536
@gracelandenterprises2536 Жыл бұрын
Tae We are so appreciative of your clear concise videos…. I’ve been able to really gather additional tidbits to optimize what I’m doing with building wealth via investing I chose Vanguard as it was suggested by several colleagues and friends who are on there journey of being wealthier… Again THANK YOU
@marlenakauer5262
@marlenakauer5262 Жыл бұрын
Really love your content overall. I’m surprised for real instate investment you didn’t mention you’d need to deduct the cost of closing costs and property taxes from your profit as well. I think this is often overlooked by people and makes them think they’ve gained more of a profit than they actually did.
@sony0083
@sony0083 Жыл бұрын
I read the millionare next door frew years ago. I loved it because i felt very akin.
@jaimerose1297
@jaimerose1297 Жыл бұрын
Thanks for this video! I have 2 of the 5 wealth building strategies working for me right now but I have not taken full advantage of the Vanguard account I have. I have some research to do as a newbie investor but this made me feel like I'm on the right track so far.
@AlexG-kp8sv
@AlexG-kp8sv 2 жыл бұрын
Tae: Three legs can keep a table steady, but having four legs is better, more stable Engineers: 🤬
@juanm3265
@juanm3265 Жыл бұрын
Great video! Happy to watch real advice
@ReasonableHuman1
@ReasonableHuman1 Жыл бұрын
Thank you!
@jlrob85
@jlrob85 2 жыл бұрын
You are a total Dude!!! Keep up the content
@aaronbriggs6821
@aaronbriggs6821 Жыл бұрын
What I love about your content is you aren’t advocating for people to get rich quick/get in get out/etc. I’m looking to build for as long as possible and I know that it’s not something that comes quickly. Thank you!
@abetts123
@abetts123 2 жыл бұрын
Would you consider a BDC a way to gain access to small business like a reit is for real estate?
@jhonatanpalacios7626
@jhonatanpalacios7626 Жыл бұрын
How do you rent out a property that's out of state?
@vicros7811
@vicros7811 Жыл бұрын
Get a management company. Usual rate is 10% of the rent
@peterl2767
@peterl2767 2 жыл бұрын
Great content 👍
@harism2001
@harism2001 2 жыл бұрын
With rates going insane is it still advisable for real estate investment? (Not reits).
@Thehharrison
@Thehharrison Жыл бұрын
RE is transactional, if rates are high, lower your offer you make the deal you want
@BrokeAgain
@BrokeAgain 2 жыл бұрын
problem with stock is, when it goes up no one is selling... only when its down most retail investor sell.
@GrumpierByTheDay
@GrumpierByTheDay Жыл бұрын
Commentary on bonds didn't quite fit the experience of the past year... Granted, it was a once in 150-year bond event, however looking at bonds over the past 40 reveals a consistent drop in rates (Driving up bond prices). That era is over, and I expect bonds will behave much more like stocks over the next 10 years or so (i.e. volatile).
@romangabriel007
@romangabriel007 2 жыл бұрын
Bonds have been pretty volatile as of late, however.
@GoCrazyBaby3
@GoCrazyBaby3 2 жыл бұрын
That’s what I’ve been seeing, just got into the investing world and I was so confused on why people had bonds instead of just cash
@renitasanders7032
@renitasanders7032 2 жыл бұрын
Great video!
@TaeKimFinancialTortoise
@TaeKimFinancialTortoise 2 жыл бұрын
Thanks!
@osirismalu3394
@osirismalu3394 2 жыл бұрын
For real estate Fundrise can another alternative
@ozzietorres149
@ozzietorres149 2 жыл бұрын
Low yield but yes
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