Really interesting stuff! I found the book Wealth Decode dives deep into the psychology behind building wealth, with insights you don’t often hear definitely worth a look if you're into this topic.
@n.c.467 Жыл бұрын
This is another shining example of why the Erika Taught Me Podcast is my favorite finance podcast. I discovered Dr. Klontz's writings several years ago, but his ideas really came to life through Erika's questions. Can't give enough praise... thanks for showering us with valuable knowledge!😌
@logbinder6330 Жыл бұрын
Wow, this is one of the most touching interviews I've listened to around money. So much empathy. I will adapt this way of talking and thinking on the subject.
@yankeedoodle6293 Жыл бұрын
I grew up and watched my parents struggle mightily. Barely keeping the mortgage and electricity paid. 😢. I was determined to make it. Now in my forties, I have a net worth of 9.7 million mostly in real estate investments and some in the stock market. Who said money doesn’t buy happiness ? It sure does. For me at least
@ittyfittykelly Жыл бұрын
I like the saying that goes something like: people that say money doesn’t buy happiness have never had given it away [to someone in need] Anyways… GREAT JOB! You are an inspiration!
@mattmcfly2165 Жыл бұрын
Nice.
@FloatingThroughTheRealm Жыл бұрын
How did you get your first investment? I feel like the first step is the hardest. That’s the part that people spend the least time talking about, but it’s the most important part.
@BrokeAgain Жыл бұрын
money can buy happiness for sure, easier to cry with money
@holypunk12 Жыл бұрын
Money so much still scrolling through youtube comments ! May be you mistook happiness for something else ! Still happy for you and your loved ones for your status you achieved !! Money doesnt buy happiness...but it sure gives better options in the voyage of life ! Happiness is very inherint feeling ! If someone ask me to remember a happy occation...sometimes I remember my mothers heavely smile while she was in hospital...! Circumstances were for sadness, but what came from within her heart still radiate to me to this day ! ❤ money is defenetly important for external well being, the whole journey of life ! What happiness and joy is the one which gives wisdom, the inherint hope ! A slum person if has hope can be more inherintly happier than a millionaire who got no wisdom to share, nothing to look forward to ! If thats the case, depression should stay only with poor people !
@gardeningforfunandlongevit6076 Жыл бұрын
Never tell people you have enough money especially when there are people who are trying to sue you. Know you have money and live your life as comfortably as possible and keep some things to yourself, there is no shame in that. Love your podcast.
@CebiGreen Жыл бұрын
This really hit home for me, growing in Asia seeing my parents constantly fought about money. It was painful and on the top of that people around us cared so much about financial status. Spending the $$$, we did not have including my family. All of these make me be a frugal person. I am very careful about money due to my upbringing, I started saving at a very young age. Screwed up many times, live and learn, older and wiser (I hope). Later I moved to US and you are right many Americans label $$$as evil. For me, I want to make more so I can take care of my mind, my fam and give back to communities more. Such a wonderful talk, Erika. Again congratulations on your Times Square Billboard! You are amazing.
@TeresaLiam-z1o2 ай бұрын
As an investment enthusiast, I often wonder how top level investors are able to become financially stable, I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
@LeylahCollins2 ай бұрын
I agree because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.
@FrankCoric2 ай бұрын
You're right! I diversified my $400K portfolio across various markets with the help of my financial advisor, and I've been able to generate over $1.2 million in net profit from high dividend yield stocks, ETFs, and bonds during this downturn.
@LindamartIin2 ай бұрын
That's quite impressive! Can you share more information about your financial advisor?
@FrankCoric2 ай бұрын
‘Grace Adams Cook’ , my CFA, boasts a stellar reputation in her field. I suggest delving deeper into her qualifications. With her extensive experience, she serves as an invaluable asset for those seeking financial market advice.
@LindamartIin2 ай бұрын
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call.
@garrygrant2394 Жыл бұрын
Coming from a working class background I observed just how hard my family worked to keep us comfortable. I see how easy people spend money on things that do absolutely nothing for them long term. They miscalculate value but do absolutely nothing with regards to making their money work for them. If I really want something I just buy it but typically there aren't many material things that interest me. It's all about experiences. The money I make mostly gets invested or spent on experiences and so far that has worked well for me.
@peacefulheart1431 Жыл бұрын
This interview was the best thing ever regarding money for me. I will be able to forgive myself being poor and set up a visual plan on how & why I am investing. Thank you Erika for having this guest🙏
@JacobPaula11 ай бұрын
I've been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.
@Agatha.wayne011 ай бұрын
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don't get to make so many losses.
@Helen_white111 ай бұрын
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
@JaneBlac-11 ай бұрын
I've been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
@Helen_white111 ай бұрын
In fact, I'm not sure whether I'm permitted to say this, but I'd suggest searching for “Stacie Lynn Winson” as she gained a lot of attention in 2017. She is both my coach and the manager of my portfolio .
@rosalbadelriogarcia959810 ай бұрын
Erika has an excellent episode on investing please watch before you seek out #investmentadvisors. Good luck to you
@kimmatura3564 Жыл бұрын
Keeping Secrets by Suzanne Summers came out in 1988. I grew up in financial scarcity due to an alcoholic father. She talks about growing up in alcoholic family. She said something that has really stuck with me. She said she grew up in chaos and so as a young adult on Three’s Company she was creating her own chaos. That is when I realized I created my own chaos by financial stress and crisis. I still struggle with it to this day, but I am aware of it and actively try to curb the urge to create chaos in my life.
@mattmcfly2165 Жыл бұрын
That's insightful. ❤. Same here, hard to push down the urge to treat everything like it's on fire at all times. Exhausting. Therapy and cannabis helped me.
@vulpixelful Жыл бұрын
I honestly don't feel like I spend to impress others. I plan big purchases based on problems I want to solve in my life. I appreciate this perspective but I feel like I never hear about planning for luxury purchases because that service really will solve a problem for you, but it happens to be a status item. For example, saving for an EV because I'm tired of worrying about gas prices and oil changes. I guess I fall into Ramit Seth's camp of being frugal in a lot of places to spend on what you really value instead of being frugal for no other reason but to get a number to go higher and higher until you die... edit: Nvm, he touched on that when he talked about saving according to a vision 😊
@NoLimitsCommemorativ Жыл бұрын
I have an awful relationship with money. I make six figures now, but I don't even want to spend money on a vacation now. I'm debt free, 35 and single and just looked at all the number's for flights, rental, nights stay and thought to myself I should just stay home and find a better avenue for that money. I want to go but I also don't want to spend. Money trauma, arguments between my parents and growing up. My dad was all about saving and investing and my mom wanted to spend everything. I remember the arguments, I felt so guilty about them spending that when they asked me where I wanted to go for my birthday I said Lone Star Steak House because I knew everyone liked it...I got a hotdog because I knew it was the cheapest menu item and I was only 9. They made me get a steak 😆
@Swarm5093 ай бұрын
I'm not making six figures, and honestly never will in my field/location, but living comfortably and saving regularly (and own a house, on mortgage). I do spend some money on my hobbies, a new computer for games or tools/wood for wood working but not very often and only just what I need to. I had similar traumas as a kid, always hearing how money was short and my mom always trying to hide just how in debt we were to keep my father from becoming abusive (metal abuse to everyone). I basically started to refuse toys, gifts, traveling, or doing anything that required expense. Fast forward to now I don't spend money on vacations, I don't buy stuff for the house outside what is require to maintain it (think empty house with no art/stuff), and even now feel really guilty about big purchases even if I can easily afford it. I would love a small sports car for driving to work and fun as I always enjoyed driving and cars (had a few cheap old 4x4's I would take out with friends in the past, all sold now), but I keep stopping myself since I should horde that money and make more on over time... and never enjoy it just watch it pile up. I can easily get the car new, and still be just fine in 30 years with slightly less money but I cannot make that jump. There is a fine line between good savings strategy and just hording with no life.
@bronsonjames3678 Жыл бұрын
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
@shannonshuntel2958 Жыл бұрын
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
@ritaparker2630 Жыл бұрын
Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money
@oliviabenson573 Жыл бұрын
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
@ritaparker2630 Жыл бұрын
My Financial adviser is Susan Kay Mack she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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.
@oliviabenson573 Жыл бұрын
I just checked her out and I have sent her an email. I hope she gets back to me soon.
@ThePomskysPalace Жыл бұрын
I can’t wait to watch this, as an Economist’s daughter who has a Psych degree..this is right up my alley. I’m only a few minutes in and already know this is gonna be a great video. Thank you!
@BubbleGum-uc4rx Жыл бұрын
I was in Hurricane Katrina in New Orleans and even tho I was 10 it made me realize you can lose everything in a blink of an eye. I make good money but I hate spending. I’m trying to get over the scarcity mindset.
@CuteBamboo2012 Жыл бұрын
Hi you have the Accumulator money archetype. You can work on it, look into it. Sorry katrina happened to you all
@lbslott Жыл бұрын
I’m so sorry you went through that.
@keakasklips4042 Жыл бұрын
please don't change who you are.... i love that you use hand me downs etc.... just be you. that's why we trust you so much. remember.... you had 17 mil subscribers WITH your moms shoes. it's refreshing. thanks for the quality content.
@eferlinindonesia1910 Жыл бұрын
I really like both the host and the guest. They are real to me as I didn't grow up from rich family. I watched my family from being super poor to wealthy and now middle. They are happy with their condition. I appreciate the time and knowledge shared to others. Everything makes sense to me.
@danwickramasinghe4744 Жыл бұрын
One of the best pod casts I've listened to...... we need to start talking more about psychology of money😊
@tracytranva Жыл бұрын
One of the best interviews that I have ever heard about money and wealth. Thank you great host Erika and Dr. Brad for inspiring and informative interview
@garytherealtor86669 ай бұрын
Wow, my first episode ever and I feel like I am on a whole new journey. Thank you, Erika and Dr.Brad
@darleneatkinson3906 Жыл бұрын
Hi Erika and Dr. Brad, thanks for this video, I am 65 years of age and I had to ask myself what am I going to believe about my life what can I change and how can I overcome incorrect messages I have heard to better my world? And I did I grew up on farm my parents use to save everything, and I wore hand me down cloths being almost at the end of 12 siblings. In my 40's I denounced old believes and took on new one the one that help me the most was I am not poor no more my finances when from barely living on $1,700.00 a month to having left over money at the end of the month just from one change of thinking. It was so surprising to me. So, I seen firsthand our internal believes have a lot to do with our wealth or lack of wealth that was super surprising yet pretty amazing at the same time. Again, thank you both for sharing this video I hope it helps many people out.
@Pconradsmith11 ай бұрын
Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them., well at least my advisor does lol
@derrickholfman211 ай бұрын
Investors should be cautious About their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.
@michaelschiemer311 ай бұрын
Not at all having monitor my porifolio performance which has made a jaw dropping $273k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemirigly unknown market. I must say it’s the boldest decision I've taken since recently
@SteveEstrada-js9nu11 ай бұрын
Please pardon me, who guides you on the process of it all?
@michaelschiemer311 ай бұрын
“Vivian Carol Gioia” is my adviser and she is highly qualified and experienced inthe financial Market , she has extensive knowledge on portfolio diversification and is considered an expert in this field. I recommend researching her credentials further she has many years of experience and is a valuable resource for anyone looking to navigate the market.
@SteveEstrada-js9nu11 ай бұрын
I wish i had this guidance
@tlmeister6039 Жыл бұрын
This is the best financial wellness conversation I’ve ever listened to!
@TheJessehart05 Жыл бұрын
This is the best money video I’ve watched, and I watch a lot of videos. I sent it to my 18 boy to watch. I’m proud of him and how he saves his money. I’ve been sending him videos about smart money habits for a couple years now. It’s definitely changed his view on money
@AleenaMalik Жыл бұрын
Your guests are always so amazing!👏🏼👏🏼👏🏼 Thank you SO MUCH for bringing these expert perspectives to us ❤
@willmallory9085 Жыл бұрын
Excellent video Team. Most people don't value money at all and have a sense of entitlement at the expense of others. I was heavily influenced by my Grandpa who survived the great depression. He would often say, "BOY! Don't you throw that food away, back during the great depression, we didn't throw nothing away!"
@darleneatkinson3906 Жыл бұрын
Will, wow, can I relate to your comment, my parents also live during the depression, so we were taught to save everything from old worn-out blankets to old cloths and never toss out food when I got older, I had to re-think what was worth listening too from my parents' experiences to adjust for myself after turning adult. Thank you for sharing.
@willmallory9085 Жыл бұрын
@@darleneatkinson3906 thank you for sharing too. They'd use old clothing as stuffers for pillows and blankets.
@NatashaRaisorGlam Жыл бұрын
This is an excellent interview. Money is an emotional trigger for most of us.
@DianaBism Жыл бұрын
My parents were well off. After my dad died my mom squandered it all. So I became very frugal and hard working to counteract all the loss. But deep down I feel like I’ll never be as good as them, and why was it so easy for my dad to make money and not me. He had a very successful career - and it came to him easily. At least it seems like that.
@seth_godwin Жыл бұрын
Dr. Brad and Erika!! The two GOATs!!!! 🙌🏼🙌🏼🙌🏼
@southlondonreseller389 Жыл бұрын
LOVE BRAD, HE IS THE ONLY MONEY EXPERT THAT I CAN CONNECT WITH, THANK YOU
@andrebritz7729 Жыл бұрын
Love the content discussed Erika. Protect the ‘good’ psychology of money by practicing and tracking it intentionally. Thank you!
@AtuFY-rr1ss Жыл бұрын
Can't thank you enough for your insights in topics and special guests. Loved the part of "never too late" to invest. Thank you again Dr. and Erika team.
@roxymarjofficial Жыл бұрын
I listen/Watch so many “how to save money” videos… and this is by far thee best one I’ve seen that gives actually steps in how to change one’s self. Actually now that I think of it, it is tied with Rabbi Daniel Lapin’s videos where he also talks about money and how to take care of it. His videos have blown my mind. ❤ Thank you Erika for sharing this with us. Big fan over here.
@ryzz1_ Жыл бұрын
These podcasts are actually really valuable and easy to listen to! Thanks Erika!
@RealmsOfThePossible5 ай бұрын
We grew up poor and one of my earliest memories was asking my mother why there wasn't a place people could walk into to get more money when they ran out, my mother laughed and explained people had to do things for other people to get money. I thought that was cruel and my first real inklings that the world was not as friendly as my young mind thought it was....oh how that thought grew over the years.
@DownHomeMoney Жыл бұрын
I can totally relate to you Erika!And I’ve worked to get out of scarcity mindset around money and realize I’ve got enough! I’m in abundance!🙌🏻🙌🏻🤗 It’s a journey for sure!❤
@chaychu31 Жыл бұрын
The interview is insightful! Looking forward to more videos like this. Thank you!
@marcdenoire5462 Жыл бұрын
Usually, in order to get rid of bad (financial) habits one should change his/her environment. I just wonder if it's not a bad idea to recommend Americans spend some time in a country where ppl don't tend to overspend and where there is not so much pressure to show off with status symbols. I watch videos of Erika with a lot of interest, but I realize that many financial problems Americans have are hardly there in other countries.
@auntiewin1134 Жыл бұрын
I’m in France now seeing how a caring nation takes care of everyone with healthcare and housing
@vulpixelful Жыл бұрын
I've been to countries where Americans would consider it "third world" and rich people flex there too 😂 Although the people in their middle class (not poor, but doing fine) seem more content and more focused on spending time with their family, friends, and on their hobbies than what they do for a living. These places also tend to have lower healthcare costs from the pharmacy to the doctor's office than the US. I'm starting to see a trend...
@stephmeldrich676510 ай бұрын
It is always good to have a financial plan. I worked with a licensed planner and retirement strategist. The fixed income in your portfolio serves only as a cushion for the volatility of the equity portion, but also as legitimate income.
@michaelswami Жыл бұрын
What a great interview! Wow. And yes, we own these issues and we can control them. I’m inspired.
@biancapilgrim3618 Жыл бұрын
I love this interview made me think about my mindset of money a lot differently. Thank you
@ldrum2116 Жыл бұрын
❤❤Very informative and love the glimpse into the psychology of money, in how to look at your beginnings to understand where you are at, to understand where you want to be, and how to get there.
@ZhylvisLT Жыл бұрын
That’s one of the best episodes in this channel so far 👏
@claimant9423 Жыл бұрын
9:09 Never put a dollar in the bank... my hero.
@omersyed58068 ай бұрын
One of the most underrated podcasts of all time.
@KT-rh7hq Жыл бұрын
This was really thought provoking and interesting. I always learn something with these interviews so thank you!
@kimthebudgetslayer Жыл бұрын
This was an amazing show. I’m going to set a visual goal so I can stick to my savings. Great content
@GiaGDixon Жыл бұрын
Thank you for always having such inspiring insight!😊
@InfinittraksMusicGroup Жыл бұрын
Another great interview Erika very insightful.
@innakozak5858 Жыл бұрын
Wow! I have learned about my own money habits and what need to change so far. Thank you for all the amazingly useful information.
@OurPerez Жыл бұрын
Geesh every week u are bringing in AMAZING guest! Thank you!🙌🏾🙏🏾
@VictoriaWhitlockАй бұрын
The locust of control section helped me
@sky-163 Жыл бұрын
Thank you. I really enjoyed your broadcast. I watched top-to-bottom full episodes. Thank you so much to you both . Om mani padme hug 🙏🌹🙏
@johnben9 Жыл бұрын
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
@carolpaige2 Жыл бұрын
investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
@frankbarnes22 Жыл бұрын
@@carolpaige2 This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
@carolpaige2 Жыл бұрын
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $486k in the last six month. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently….
@emiliabucks33 Жыл бұрын
@@carolpaige2 wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio
@emiliabucks33 Жыл бұрын
@@carolpaige2 Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@lynnrescigno7510 Жыл бұрын
This is excellent! I found him so informative. I feel seen . But I have hope ( not helpless)
@timwindsor03 Жыл бұрын
Incredible interview ERIKA. Thanks for sharing. Keep the amazing content coming. Learn a lot from these videos. . Keep the content coming. Hope you have an awesome day. Much love. Hugs
@UncleJora Жыл бұрын
they revised Learned helplessness - now it says that "there is no hope" state is default for people. Hence it should be named Learned Active Behaviour, you learn to be active when you encounter a problem.
@kensison Жыл бұрын
Man erika really asking the important questions here, instant subscribe!!!
@TaT-ux9ft Жыл бұрын
This was fantastic. Really resonated with a lot of Brad's points. Great podcast!
@elizabethandrews4199 Жыл бұрын
I like luxury purses but I have always lived responsibly never carrying credit card debt and making sure I had investments for my future.
@teddymoore9938 Жыл бұрын
Thank you Eric The that was a great podcast. Lots of information, I appreciate your accountant and keep making and bring him with me. Thank you thank you thank you!🙏👍👏👏❤️❤️
@carolannstevens58149 ай бұрын
Thank Erika, I love your You Tube! Dr. Brad you are a gentle understanding man and loved this!
@marcintartasmt Жыл бұрын
Amazing episode! Thanks Erika!
@vikramlimaye9655 Жыл бұрын
Thanks Erika. I am surprised that Dr. Brad has only 12.4K subscribers.
@sauram4266 Жыл бұрын
Great podcast Erika, lots of take aways. Thanks.
@ptgraphix Жыл бұрын
Dr. Brad was great!
@snoopanoop7705 Жыл бұрын
Keep up the awesome content
@montassartrimech93202 ай бұрын
Thank you for always sharing such inspiring insights! Keep up the amazing work!
@ocularpressure4558 Жыл бұрын
Hey EK luv the content
@michaelandujar81092 ай бұрын
Excellent guest hes the real deal i follow on Fb. Thank you for the video keep up the great work
@njabulojames Жыл бұрын
This is one of the most important and touching conversations about money. Thank you for the work Erika.
@xqr_8 ай бұрын
These conversations are so important to hear! Keep up the awesome work 😊 🎉 thank you!
@TheAlkalineHealer3 ай бұрын
This phenomenal transformational content 🎉 Yes More Please!!
@acrobizer1238 Жыл бұрын
He mentions that it’s BS that we don’t care what other people think and implied we all do care. Maybe I’m an anomaly, but I truly don’t care what anyone thinks. Embrace JOMO, joy of missing out.
@gayatripoddar1140 Жыл бұрын
Really liked the episode! Dr. Brad thanks for your insights!
@ismaelhall39906 ай бұрын
mindset matters
@paulalyman3547 Жыл бұрын
Loved this podcast gave me hope and understanding!
@GetaMortgagewithMe Жыл бұрын
I think society makes you feel ashamed of your lack of money if you don't live in a certain zip code, drive a certain car, carry a certain handbag or if you don't earn a certain amount of money or if you don't have a certain career.
@abdulazizalmaneea1779 ай бұрын
Amazing content! Thank you 👏🏼
@GravityBar231 Жыл бұрын
Nice interview. About the need to belong and keep up with others.... this highlights another advantage of living well below your means. When you live far below your means, most of your neighbors won't be buying those fancy cars or clothes, so you are free from the pressure to keep up. I live well below my means and when I see a neighbor with an expensive luxury car, besides the car looking out of place for the neighborhood, I just see the car as a douchebag car with an insecure owner.
@alexjackson4558 Жыл бұрын
WOW! Overly concerned about spending 15 dollars! You can spend that much for lunch sometimes. CLEARLY that's OVER-DOING IT!
@AdventureEncounters Жыл бұрын
Great interview!! Thanks for sharing! 🙌 - Ashley from Adventure Encounters
@christinedavis4402 Жыл бұрын
Great episode. Thank you for introducing me to Dr. Brad.
@TeeBreak10 ай бұрын
These vids are gold
@JeremiahFlint Жыл бұрын
High prices for everything have severely affected my plan. I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now. The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before.
@PaulCheng-co1ir Жыл бұрын
It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of investing in the stock market and potentially grow your retirement savings over time.
@StacyHershberger Жыл бұрын
Considering the increased complexity since the 2008 crash and COVID, I suggest diversifying your financial portfolio. I hired an advisor and successfully grew my portfolio by over $150K during this turbulent market using defensive strategies that protect and profit from market fluctuations.
@andrewsalt-yq7pv Жыл бұрын
@@StacyHershberger Could you kindly share the contact details of your investment advisor? I really need one urgently.
@StacyHershberger Жыл бұрын
my financial advisor goes by the name Stacey lee decker, she's highly skilled and experienced in the financial market. more of her information can be found online
@andrewsalt-yq7pv Жыл бұрын
thank you for the useful info, after background research then contact, i can tell she is highly skilled
@gretchennirvana Жыл бұрын
Thank you for this conversation!
@lisawagner4268 Жыл бұрын
Thank you for this episode!
@modavidtv Жыл бұрын
Some really interesting and helpful points, thank you!
@jermaineboyd6594 Жыл бұрын
Great interview! My take away from this is i don't know how to invest or where to start to invest my money.
@Thegermany9 Жыл бұрын
This is great! Thank you!
@IssaRaeOf10S Жыл бұрын
You should wear what you want and like. It's more authentic. I miss my mom who passed away, and I'd love to have a pair of her shoes to remember her.
@CamdenVanderlaan3 ай бұрын
Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.
@BrigetteWaltershield3 ай бұрын
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
@adelineChulack5 ай бұрын
What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market. Oxymoron or paradox? I'm considering investing over 150k, but I'm uncertain about risk mitigation strategies.