5 HORRIBLE Financial Mistakes! Are you making these Financial Mistakes?

  Рет қаралды 24,647

Financial Education

Financial Education

Күн бұрын

Пікірлер: 102
@NateOBrien
@NateOBrien 7 жыл бұрын
Another great video! Thanks for motivating me to create my channel!!!!!! Keep up the awesome video's!
@sammyalabamy111
@sammyalabamy111 6 жыл бұрын
Hanging around negative friends and bad influences, always will go down the cliff with them .... so true!
@AverageAngel
@AverageAngel 6 жыл бұрын
This one struck a chord with me, and yet, most people aren’t headed anywhere, so what do we do?
@shenkevin2
@shenkevin2 7 жыл бұрын
horrible financial mistakes: Buying GoPro 😂😂jk
@MrSimon4u
@MrSimon4u 7 жыл бұрын
based on last year's graph go pro peaked for spring break, easter, summer and back to school but not for Christmas.
@MrKlswe
@MrKlswe 7 жыл бұрын
DJ simon The interest in the stock also has increased 7% this year alone which is probably mostly shortsellers but still a good sign. But gopros products this year will undoutable determined if they have a future​ or not.
@pcgamer7045
@pcgamer7045 7 жыл бұрын
my gopro down 10% just add some more shares today:)
@MrKlswe
@MrKlswe 7 жыл бұрын
Pao Moua I Believe they wil fall even more before recovering
@demisemedia
@demisemedia 7 жыл бұрын
It's moments like @11:20 where you LEAVE IN those funny blunders that make the video that much better!! I myself had a TERRIBLE habit of simply spending all my money & not knowing where and what I spent it on. NOW I'm keeping track and have 2 sometimes 3 sources of income!! Thanks for the video!!!
@MrMoneyGeek
@MrMoneyGeek 7 жыл бұрын
As always great tips and keep inspiring us. I need the community help with answering this question. How do you inform your friends and family you are debt free without coming across as a show-off or being cocky? When you tell them you are broke and can't pay your bills, they show you sympathy, but when you say you are debt free, they despise you. Thanks for your response.
@AverageAngel
@AverageAngel 6 жыл бұрын
“You are who you hang around with” - that is deep!! So true! We are influenced socially more than anything!!
@icawn
@icawn 7 жыл бұрын
My wife used to own a cafe with several employees. She had an accountant do her taxes for 2015 and the IRS came back and said we were over-refunded $3k and had to repay. I looked over the tax documents and that hack breezed through it, not incorporating all the details he should have and essentially guessing/lying to avoid the work of detailing sections. No one is better at your taxes than you yourself. I completely agree with your tip.
@calmartin1032
@calmartin1032 7 жыл бұрын
This guy is almost 20 years younger than me and he MAKES MORE SENSE than many of the older (supposed "elders") that I know. almost like a younger reincarnation of the motivational speaker Jim Rohn. I've heard that many successful people, have like this guy, made a fortune-lost it -then had to climb back out of the abyss. Napolean Hill Lost it all and climbed back up. If he keeps putting out content like this I'll keep listening I started listening to clark kegley and got a link somehow to this guys channel. Keep up the good work.
@overhansable
@overhansable 7 жыл бұрын
I think the biggest one for the younger (male) generation, is the feeling to keep up / show off, cars, big apartments, clothing and all that bullshit. Could have saved so much money in my early twenties. I just get nightmares if i think about all that potential investment money and investment opportunities.
@jasonvalencia6935
@jasonvalencia6935 7 жыл бұрын
first comment! I want to take a second to thank you so Much!!! you share amazing content and very easy to use tips and Ideas.
@FinancialEducation
@FinancialEducation 7 жыл бұрын
+Mastermind Productions my pleasure! Thanks for the nice comment!
@kaygreene3305
@kaygreene3305 7 жыл бұрын
I just recently made one of your honorable mentions. I got a car loan for 22% interest, terrible decision I know, but it was in an effort to increase my credit. My credit has grown exponentially, and I am in the process of adding more incomes to pay it off quicker to lessen the blow. Also, I am in the process of refinancing it for a better deal. Luckily, that is my only debt, no student loans or other high debts.
@shakinlaw1406
@shakinlaw1406 7 жыл бұрын
Making 1,2,4 and 5.. So happy to see this video, the turn around starts NOW
@onyeguap1556
@onyeguap1556 7 жыл бұрын
You have one of the VERY FEW helpful KZbin channels in our nation. Thank you for your advice
@FinancialEducation
@FinancialEducation 7 жыл бұрын
+Onye Guap happy to hear you are enjoying the channel!
@mahmoudnour100
@mahmoudnour100 7 жыл бұрын
The one thing I would %100 agree with is hanging out with the wrong people, the others I feel like it can't be a formula for everyone. i.e. you can find a person with one stream of income but truly successful in managing his life through it and it's just more than enough not to take more headache by finding a new source of income. The same applies for the rest.
@AverageAngel
@AverageAngel 6 жыл бұрын
mahmoud noureldeen hard to find good people
@ExcuseMyPretty
@ExcuseMyPretty 7 жыл бұрын
I'm making 4 out of 5 😔 GREAT VIDEO & GREAT ADVICE👍👍👍👍
@sfk1066
@sfk1066 7 жыл бұрын
Three years ago I started realizing I needed to be smarter in investing and get out of mutual fund I had for 10 years by investing in Altria in the low 30s...great decision and ever since then, it has been an eye opener for me to take charge of my finances.
@ChanKuuro
@ChanKuuro 7 жыл бұрын
hi there, what do you mean by buying a house and losing out on it? I wish to buy a house this year for the first time and make it as an investment by renting/leasing it out. would this be a financial mistake?
@jaynehickman1211
@jaynehickman1211 7 жыл бұрын
Well, thank you for pointing these out, fortunately I am not making any of those. Do you speculate in bullion ? I would like to invest in stock and shares now, and your videos help a lot. My granny always said to buy Gold, but it just sits there. In the basement with armed guards.
@moneymotivationmadness3275
@moneymotivationmadness3275 6 жыл бұрын
Video suggestion: If your stock is in litigation and you entered into the class suit, should you sell them even if the company will defend their honor. Financial statements positive revenue good p/e great industry booming management seems to be good.
@PatronUA
@PatronUA 7 жыл бұрын
fond this channel today, so far is great !
@HooshangGhafouri
@HooshangGhafouri 7 жыл бұрын
jeremy. I'm interested in your view on convertible bonds. sounds good to protect you on the downside
@dmeads5663
@dmeads5663 6 жыл бұрын
I remember my dad went to get an auto loan from one of those cash advance business and for a $1500 loan they wanted around a total of like $800 of interest. He left.
@simosavustaja9420
@simosavustaja9420 7 жыл бұрын
My only "mistake" is that i hang with people who ain't getting anywhere. For some reason i'm the opposite.
@AverageAngel
@AverageAngel 6 жыл бұрын
Simo Savustaja is it because it’s hard to find people going places? We all wish we had a mentor like Buffett but those are few and far in between
@schematics1195
@schematics1195 5 жыл бұрын
I was In the same situation its a bummer bro, it’s best to stay positive and getaway for a while until business is handled they should understand if they’re friends
@karimelzein9115
@karimelzein9115 3 жыл бұрын
yes blame others, you are clearly a champion lol
@simosavustaja9420
@simosavustaja9420 3 жыл бұрын
@@karimelzein9115 I'm not blaming them for anything. I'm really happy that i have so loyal and interesting friends. You can give advice "be with the best people" but the reality is, we all have flaws. I could also change to friends with great ambition but no connection or no loyalty, i don't think i would be more happy with that situation.
@HooshangGhafouri
@HooshangGhafouri 7 жыл бұрын
interested to hear how much you have invested in your share portfolio
@siggiAg86
@siggiAg86 6 жыл бұрын
I only have one income stream... need to fix that!
@xiovandijk933
@xiovandijk933 7 жыл бұрын
I am so LOVING those videos! Thank you :) We have our first source of income which is a graphic design, filming business and our 2nd income is from Getty images, we started when it was still called Istock, third ( work in progress) is investments in the stockmarkets
@michtimps
@michtimps 7 жыл бұрын
1. 'guys' 2.'today' 3.'whatnot' 4. and repeating the last sentence four different ways
@AllanPowell
@AllanPowell 7 жыл бұрын
What I do is add up all my expenses, figure out what I spend per day, and then try and make at least 2x that
@FinancialEducation
@FinancialEducation 7 жыл бұрын
+Allan Powell thanks for sharing!
@shakinlaw1406
@shakinlaw1406 7 жыл бұрын
Going to do this, thanks!!
@sbnur392
@sbnur392 7 жыл бұрын
great job..thanks for your tips..will you make a video on life insurance pros and cons?it will b helpful 👍👍👍
@FinancialEducation
@FinancialEducation 7 жыл бұрын
+Abdullah Bin Nur that is a pretty good video idea. I may do one at some point
@TheChuckcheese
@TheChuckcheese 7 жыл бұрын
Yeah , making the single income mistake. Gonna change that soon. Luv your videos, love the stock market ines.
@itsKam928
@itsKam928 7 жыл бұрын
Do u have any videos on how to file ur own taxes? Please give me the link or if u dont please make one.
@alexanderrivera1938
@alexanderrivera1938 7 жыл бұрын
What advice would you give to someone starting out around 20 years old, but I don't live in the US? Living outside out of the US the stock market isn't an option for me.
@nicholasm3265
@nicholasm3265 7 жыл бұрын
alexander capeta where do you live?
@alexanderrivera1938
@alexanderrivera1938 7 жыл бұрын
george foreman I live in Belize
@nicholasm3265
@nicholasm3265 7 жыл бұрын
alexander capeta try to look into robinhood cause my friend in the UK was able to get into it
@jdyepes2045
@jdyepes2045 7 жыл бұрын
Hi Jeremy great videos!!! Do you mind sharing how are you making money on amazon? Thanks
@DABflier
@DABflier 7 жыл бұрын
What fueled me to make my first million by 20 was living ina paycheck to paycheck family
@Bigmanoncampus888
@Bigmanoncampus888 7 жыл бұрын
#2 and #4 for me. about to fix #2 though with some stock mark investments! I was wondering if you check your dm's on twitter? I asked you a question via dm on twitter, and was hoping you'd answer it. I will understand if you are too busy to though. thanks as always for this video!
@MrSimon4u
@MrSimon4u 7 жыл бұрын
Jeremy i like your videos and i am thinking of investing 10000 dollars into 4 stocks you talk about. 40% into go pro, 20% into under armour, 20% into Wynn resort and 20% into fitbit and during the span of a year or two watch them and sell them when the stocks double their current value. what do you think?
@sasvarun
@sasvarun 7 жыл бұрын
DJ simon please don't do that. Except wynn others are not good stock
@MrSimon4u
@MrSimon4u 7 жыл бұрын
Varun Asok why are go pro and under armour not good stocks?
@MrSimon4u
@MrSimon4u 7 жыл бұрын
Varun Asok why are go pro and under armour not good stocks?
@elibarasch1377
@elibarasch1377 7 жыл бұрын
DJ simon hey! gpro is not a great long term stock and it probably wont double if you look at the graphs its days of 20+ dollars are over id say under armor is slightly better but still not great nike is a better option.
@MrSimon4u
@MrSimon4u 7 жыл бұрын
nike's stock would bring very little profit based on their chart they have a very steady stock. under armour however fluctuated very nicely as recently as last year and go pro should do well with their new product. also wynn resort should do very nicely with the launch of their new hotel resort in Vegas and fitbit is the number 1 fitness watch and has a great financial statement so they should be able to weather this dry spell and bounce back very nicely
@darkspectro2948
@darkspectro2948 7 жыл бұрын
Thanks...good tips
@renovideos2013
@renovideos2013 7 жыл бұрын
loved this video man!!
@FinancialEducation
@FinancialEducation 7 жыл бұрын
+Reno vlogs great to hear :))
@AverageAngel
@AverageAngel 6 жыл бұрын
review chinese banks, they have high dividend, low P/E, high market caps?
@thatboywhocantsnipe
@thatboywhocantsnipe 7 жыл бұрын
Jeremy I was wondering if as a long time subscriber you could afford me some advice. Your aware that in October I invested in ATVI at 26 shares x$45.06. After that the stock seemingly fell and fell and fell all the way to 35$. I never sold out because I believed in the company strongly. OVer the last two days the stock has popped exponentially due to its earnings report for q4, im talking like Its finally above the price I bought it for. I was hoping for some advice going into the future with ATVI. If you had any tips as to what to do following a great earnings report. Plez help:) Thanks for everything you have taught me, Ive officially made money on the stock market.
@mratlai7
@mratlai7 7 жыл бұрын
Where do you do your own taxes?
@knifeFightInTheMorning
@knifeFightInTheMorning 7 жыл бұрын
Why is google and amazon paying you money?
@bmrao
@bmrao 7 жыл бұрын
Man you are awesome, great tips.
@FinancialEducation
@FinancialEducation 7 жыл бұрын
+Manohar Rao glad you enjoyed!!
@whitewolf8561
@whitewolf8561 6 жыл бұрын
I agree
@ms1940
@ms1940 7 жыл бұрын
I see some rich dad citations :)
@pjdmedia5422
@pjdmedia5422 7 жыл бұрын
Can you review AMD
@durdetrouverunspeudo
@durdetrouverunspeudo 7 жыл бұрын
i will never review a stock who gonna make you rich....AMD ...Bought at 3$
@mattheww.1583
@mattheww.1583 7 жыл бұрын
Jeremy can you please do a review on Hanesbrands Inc. (HBI) Thanks!!!
@ddixn
@ddixn 7 жыл бұрын
The interest rate on loans in Russian banks is 10-15% is crazy!
@hsnissa
@hsnissa 7 жыл бұрын
hi Jeremy, can you tell me the differnce between under armour tickers UAA and UA thank you
@hunter1801
@hunter1801 7 жыл бұрын
Or you can type that into Google and learn yourself....I literally just copy/pasted your question and it tells you everything you need to know.
@FinancialEducation
@FinancialEducation 7 жыл бұрын
+Hasan Issa ua has no voting rights. Uaa does have 1 vote per share
@hsnissa
@hsnissa 7 жыл бұрын
Financial Education I read that on Google but didn't understand what is voting rights, how do you decide which one to buy
@hsnissa
@hsnissa 7 жыл бұрын
hunter1801 you don't have to be a smart ass
@brandonpie1
@brandonpie1 7 жыл бұрын
Activision just came up as number 1 on facebook trending for their results. Worth a video?
@trevortrains7805
@trevortrains7805 7 жыл бұрын
what stocks would you buy with $50,000
@JM-oy8gz
@JM-oy8gz 7 жыл бұрын
Real state is the best investment in my opinion
@adzrobinson5191
@adzrobinson5191 7 жыл бұрын
Nice, I am a reseller, awesome job. :)
@Archangeldark
@Archangeldark 7 жыл бұрын
Video idea, top 10 tax write offs people could be missing? :)
@FinancialEducation
@FinancialEducation 7 жыл бұрын
+ArchangelRafa I like it!
@matthewwilson-vj4kd
@matthewwilson-vj4kd 7 жыл бұрын
can you do a video on daimler
@ismaelrodriguez148
@ismaelrodriguez148 7 жыл бұрын
can you do a q/a
@davidgroff4723
@davidgroff4723 7 жыл бұрын
#5 is the truth. Show me your friends, and I'll show you your future.
@AverageAngel
@AverageAngel 6 жыл бұрын
David Groff crazy how that works
@gewizz2
@gewizz2 6 жыл бұрын
Am I allowed to legally copy other peoples videos? lol like could I upload a video similar to yours and word for word the same?
@JK-Visions
@JK-Visions 6 жыл бұрын
did 1-3.
@singh_utkarsh
@singh_utkarsh 7 жыл бұрын
why does google and amazon pay you?
@V4RustyRaven
@V4RustyRaven 7 жыл бұрын
I think google pays him because he makes video's on youtube. Amazon might pay him if he has some sort of product he is selling them?
@MsBiancamueller
@MsBiancamueller 7 жыл бұрын
nop im not making one of these mistakes
@-khelfallah5032
@-khelfallah5032 6 жыл бұрын
TODAY IM JEREMY
@punjab1captain
@punjab1captain 7 жыл бұрын
i hope 30 year mortage loan is on here.
@JM-oy8gz
@JM-oy8gz 7 жыл бұрын
The best way way you can become rich is to own a business and have a regular job and keep re investing the money
@playerrrbottt1489
@playerrrbottt1489 7 жыл бұрын
that's what my manager at Jack in the Box does... He owns 2 liquor stores but still faithfully works the graveyard. He's a older man, too. He even takes the bus & train o.O
@NateOBrien
@NateOBrien 7 жыл бұрын
That's the best idea! You build businesses and then move on to build more and let them run themselves!
@ron8979
@ron8979 4 жыл бұрын
This guy invested in luck in coffee, CCL, GoPro, and Enron...Flip to another channel and save your money
@p94471973
@p94471973 7 жыл бұрын
He has huge hands 😮
@chaotemagick3
@chaotemagick3 7 жыл бұрын
You can always skip the first 1-2min of his videos before he even starts talking about anything. The beginnings are always just self promotion and rambling
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