I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. Especially since the stock market has been excellent lately.
@garnold-l5p5 күн бұрын
Stock market is picking up pace right now no doubt but I think the importance of mitigating risks might be why many investors are turning to advisors for guidance.
@Mlanderos-t9e5 күн бұрын
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
@Anessa-gibson5 күн бұрын
That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
@Mlanderos-t9e5 күн бұрын
My CFA, Judith Lynn Staufer, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
@Anessa-gibson5 күн бұрын
Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!
@eddiestilllАй бұрын
These collabs just get better and better. Michelle Phan x Your Rich BFF is such a vibe.
@cathymqz1814Ай бұрын
💯
@ichimotesАй бұрын
Financial trauma is a very real thing. As someone who grew up with scarcity, fear of debt and the stock market, I've only started to confront this fear a few years ago with the help from those in my corner in educating me with proper knowledge and their personal experiences. Thank you to you both for addressing that and bringing it to light.
@Evelynmay88Ай бұрын
So cried watching this video. It’s so real and raw. It’s so crazy as women need to be finance literate. It’s so confronting but you need to face learning. Before women starting speaking out, we had to pick up the books written by men. Finance is now not a gender thing. Obsessed with videos. ♥️♥️♥️♥️♥️
@sheepsashimi2847Ай бұрын
When she said “I am my parents American dream” I also wanted to cry
@KathyDuoАй бұрын
Me too 😭 😭
@NiFang-v5eАй бұрын
@@KathyDuocrying
@TheIndustryOfCoolАй бұрын
me too 🥹
@diariodeunartistaАй бұрын
Me too😢
@nalee4189Ай бұрын
The OG Makeup tuber and RICH BFF ?? In one room???? YEASSS
@EricaY5573Ай бұрын
This segment is so good. Please have more financial mentors on your podcast.
@MarK-ro3vlАй бұрын
I appreciate so much that she mentioned she had a safety net. There are so many creators/authors/actors, etc. that pretend they had nothing when they actually had a lot of financial security backing them. It's so much better to be honest and realistic.
@pretzelsfanАй бұрын
"when the student is ready, the teacher appears." how have i never heard of this quote before...and yet it resonates in a multitude of ways. wow
@amy_dscАй бұрын
Im a financer, by no means Vivians level - she is what all financers dreams to be, and I have friends that work in Finance, Economy or Administration..anything related. What do we talk most of the time? Money. And lets make it clear we are the working classes trying to live the dream. Everything she said is so down to earth. No one said it was gonna be easy, is nearly impossible but still achievable❤ Im definitely gonna buy her book 🎉
@SophieLoschyАй бұрын
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
@MesutMilleliriАй бұрын
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such execution are usually carried out by investment experts with experience since the 08' crash.
@florianmadisonАй бұрын
Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.
@florianmadisonАй бұрын
My CFA ’ Julianne Iwersen Niemann ’ , a renowned figure in her line of work. 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.
@harutran4703Ай бұрын
I would love for Vivian to come again and converse with you. I really enjoy listening to you two talk and I'm learning a lot!
@ddlover911Ай бұрын
idk why but this gave me more courage for my upcoming internship, THANKS
@quangz1999Ай бұрын
the timing is divine honestly
@aileennaval6816Ай бұрын
Two individuals I admire in one room.👏
@superbushpiigАй бұрын
My two fav Asian girls on the internet together!!! As a fellow Asian child of immigrants, I’m so proud of what you both have created and achieved and the wisdom you’re teaching others!
@jianafuraggananАй бұрын
Beautiful conversation. It’s always a pleasure to listen to women who have matured and done the inner work. I raised myself from the time I was 17, so I didn’t have anyone to teach me about money. Now as an adult, I teach it to my teen mentees to help set them up for success.
@chhayasoni8522Ай бұрын
Michelle your voice is so soothing. Love to you hear you speak. It's like I can medidate listen to you.
@123paramorefanАй бұрын
Vivian is so good with her points!
@christypham3386Ай бұрын
This type of podcast should be post on spotify so I can drive and listen to it.
@christypham3386Ай бұрын
Nevermind, i found you on spotify!
@nataliesoutletАй бұрын
Literally just bought her book yesterday and I’m 80 pages in. Obsessed with Vivian 💗
@frankstudentАй бұрын
Its a very good book.
@holakrissyАй бұрын
Only knew Vivian from TikTok but I found her points insightful and wise. Going to find more of her content! Need her as a repeat guest!
@Saul_NightengaleАй бұрын
What happened to her "1 million followers in 30 days" episode? It was up for a day and disappeared
@DarkShaman667Ай бұрын
Why am I always going into this videos with a negative mindset? The first few tips are already really useful. I took a 3rd job last month. I should set up automatic saving immediately when my first pay arrives. Let's go!
@mariepham4116Ай бұрын
I can't believe two of my favorite influencers/role models are together in one place!! 🤩🤩🤩
@ant_honey17Ай бұрын
As an early gen-z (born 2001) with seven older siblings, i rly love millennials, and i def take advice from y'all. Ofc i will contextualize it myself, but it won't fall on deaf ears : )
@bonbonyoutubeАй бұрын
I love you both talked about the importance of mentorship….. it’s not easy for the generation now in this digital world. This video or even this podcast actually serve this for a lot of us. Not as personal but lots of wisdom and experience especially for the children from immigrants families. The struggles and dreams to make a change for their folks, the left out and under privilege in growing up. Bravo for share your stories here that we know we are not alone ❤
@KamanGerretsen24 күн бұрын
This was the most inspiring video I have seen for a long time. Strong inspiring women, not only about career and finance but just as a human being. ❤ love it
@suinjapanАй бұрын
I can’t believe I can watch this on KZbin for free. This is such a gem.
@mspms3Ай бұрын
My favorite guess so far!! I’ve watched many Vivian’s interview on different platforms but this one was different it was touching, inspiring, and refreshing! ❤❤
@katherinejoycemАй бұрын
I’m glad you talked about money trauma some of us have. Thank you for bringing us enlightenment! ✨
@TT-vs2tiАй бұрын
I love this collaboration! My 2 favorite Asian American KZbin females. I love how Vivian is so humble and admits that she and Michelle are in the top 1% and that there was luck involved.
@ChristinaxinluuАй бұрын
This is the only podcast I've actually watched til the end, from any content creator. Loved this collab 👏👏👏
@petitemountainАй бұрын
Wow this was amazing! Vivian is full of wisdom ❤ I needed to hear a lot of these messages. Even for the points I already know… It’s nice to be reminded because I get so easily distracted or lose sight of what’s important.
@KathyDuoАй бұрын
Shes incredible! Just love vivian. Ugh an amazing crossover. Love it sm!!
@JenniferDeAngelisАй бұрын
As an entrepreneur the “it will not be all sunshine and rainbows it’s actually thunderstorms and hail” 🌩️ couldn’t be more real but I love it 🥰
@tranxuanlinh9263Ай бұрын
I've been looking forward to your podcast for a long time, so I was surprised by the recent video series. The insights on building wealth were outstanding, and I believe I can learn a lot from them.
@cornprincessАй бұрын
Michellleeee not to make you do more work but can we add time stamps for topics? It would help so much to go back and reference certain parts. ❤️❤️❤️
@ryan99842Ай бұрын
If you ever listen to anything while reading comments, let it be this - find unveiling your hidden potential by bruce thornwood, then come back and thank me
@ericr.8062Ай бұрын
Where do you find it?
@nery.rachelАй бұрын
i am first generation too, and this touched my heart and my brain! 🧠💖
@maichang2854Ай бұрын
I’m so glad Vivian is on this episode! I love you both!❤❤❤
@meiheidiАй бұрын
Hi Michelle! Love these podcasts. Is there any chance for these podcasts to be on Spotify? I really enjoy listening to these during my commute but audio playing would be better for my data usage than video usage. Thank you for making these amazing podcasts.
@pangieeyangАй бұрын
I was literally hoping you’d have her in your podcast!!! So happy it came true!! ❤️
@madhursharma1441Ай бұрын
This episode talks about a roadmap to build wealth. How many of you would be happy if you have the detailed notes of the podcast so that after listening this podcast you can have and read the important stuff in 10 mins anytime you want. Let me know your response.
@PhilRuybalАй бұрын
Wow, idk how I came across your channel, but damn I needed this! I am stuck in life right now and this conversation made me feel like I was a fly on the wall to MILLION DOLLAR GAME! It definitely sparked something in me and makes me wanna rethink my own business and my relationship with money. Great video!!
@blackchickadee1Ай бұрын
Oh my gosh! Such an amazing collaboration.
@emmachan97Ай бұрын
This episode was truly amazing!
@lisav6583Ай бұрын
I absolutely love this self absorbed entitled narcissistic conversation. You’re definitely American.
@maggiemoozАй бұрын
My thoughts exactly the entire time I watched this. Enjoying my 🍿 while watching this iteration of dumpster fire, though.
@Wanp0thedogАй бұрын
This is just eye opening! Thank you for a beautiful content. ❤❤❤
@germainex5322Ай бұрын
Please have a part 2 with her, maybe more about other topics apart from finance!! More abt other aspects of life
@angelazhou5681Ай бұрын
OMG BEST COLLAB!!!! THIS IS INCREDIBLE!
@jocelynsloan7801Ай бұрын
Really resonated-especially with the “should *I* become a business owner?!” Influence from social media.
@artisticestherАй бұрын
Omg you got to be kidding. What a dream duo!
@lits7610Ай бұрын
I love this collaboration so much
@theOwlandtheVioletАй бұрын
Great podcast, loved this whole conversation. I love to watch conversations with successful women in whatever industry and hear everything they have to say - especially in bro-dominated subjects like finance. I hope more is on the way!
@Stephanie_144Ай бұрын
Please have Jeannie Mai on!! 😍
@Kuromichi08Ай бұрын
Omg yes! The first time I was ever introduced to Jeannie was on Michelle’s channel!
@ABSG713 күн бұрын
Love the rebrand !
@MaishaMHАй бұрын
This is great! Thanks Michelle and Vivian!
@begumuddin4334Ай бұрын
You’re doing amazing with these guest stars!!!
@jinjuflowАй бұрын
Thank you for this! This was very inspiring.
@susuzhang35Ай бұрын
I love this candid conversation!
@diywithhanhanthi7294Ай бұрын
Really enjoyed this conversation. Thank you for being trailblazers ladies. Female Asian American Millennials!
@ShenHung1113Ай бұрын
Amazing talk 💕💕 learned a lot
@barbarella1313Ай бұрын
You both are amazing! Thank you! :)
@westcoastsandsАй бұрын
I am extremely excited to watch and listen to this episode (as I have been excited of all other episodes) but this episode especially I am looking forward to!!
@tammydinhАй бұрын
deeply appreciated this video!!
@M27-b1cАй бұрын
heartfelt conversation
@SakuemsАй бұрын
the problem with the new gen and even some millenials isn't that they value their worth based on money or social clout, it's that they want to be famous and matter without any substance, talent or ability. The worst way to be rich is to be rich just because or just by talking about being rich and money. I didn't know vivian and as much as I appreciate some of her tips and knowledge she litterally embodies that kinda of new rich that is thinking her worth is because of her money that she didn't have growing up. Spending on pointless things isn't healthy but saving up to "build wealth" you'll never spend on LIVING is not healthy either.
@thetaraparkerАй бұрын
Really good interview. Thank you.
@andreabasilio1336Ай бұрын
Omg! Thank you for this episode! I needed this!
@HongNguyen-cq7hrАй бұрын
This was such a great talk
@aznstefaniАй бұрын
I loved this episode
@kevintran5653Ай бұрын
how do you find a mentor?
@pahouaxiong6554Ай бұрын
love this!!
@ThuytrinhTran-x7mАй бұрын
Love you guys❤
@csoniah4432Ай бұрын
I learned so much 🤯
@FidinaQueryАй бұрын
What is that hand sign in the beginning?
@FidinaQueryАй бұрын
@@EYTSIRHC1 ahh thanks
@TheIndustryOfCoolАй бұрын
Amazing episode.
@leticiaenraz8514Ай бұрын
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.
@annddyyy-6920Ай бұрын
I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Larysa Caba. I now make huge profits by weekly through her services while still learning to stand on my own.
@fred5528Ай бұрын
I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.
@dominicleong4385Ай бұрын
I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.
@jasperflontes4289Ай бұрын
I just looked up her name online. she is licensed with credible certificates and has an amazing track record. Thank you for the message.
@ivarlast2966Ай бұрын
I will to knw mre
@Hamyhamster24Ай бұрын
im so distracted by her diamond ring 💍😂
@itzyaboikdoАй бұрын
You should do an interview with Rose Han. She's a great Asian American woman within the financial space as well.
@paulinebrown931022 күн бұрын
lol I am watching this as I am having my avocado toast and cappuccino at a restaurant.
@AdatheTraveler20 күн бұрын
Please talk about crypto Michelle!
@rahemaejazАй бұрын
I deserve not only to survive but to thrive
@dominic771Ай бұрын
Oh my… you came back
@SageFrogOilАй бұрын
That thumbnail though. 😊
@erincha1682Ай бұрын
THE CROSSOVER I SHRIEEEEEK
@harmoniaSINGS05Ай бұрын
Idk how Vivan does not cry when she described her upbringing cuz 😭
@xoxokiabyaj1140Ай бұрын
I love this! ❤
@icecreamnerdsАй бұрын
Icons!
@marelmaatАй бұрын
woww!! this is gold!
@Aaashnative8Ай бұрын
This is very fitting after buying those items from the LiVE 😂 gotta watch this… I may just sell my home for real, move near a beach ❤ -cat lady
@Pancake_cake_cake55Ай бұрын
AMAZING!!!!!!!!
@typicalaya9648Ай бұрын
Wishing you can seat down with chriselle lim since you two used to be close
@olivesandkimchiАй бұрын
Michelle, this was so incredibly helpful and inspiring. Can you also at some point cover the topic of finding "passions" that can become businesses? For people who want to do entrepreneurship, but don't know exactly what they can contribute and aren't really good at anything, where do we start? Is turning lifestyle content creation into a business enough? Or does it have to be a concrete "passion / hobby" (cooking, makeup, etc.)
@leenabusaif258Ай бұрын
I needdd to be like her
@Tarin.AАй бұрын
Michelle plzzz bring back the Pillow Plush Cushiony Lip Balm 🙏❤
@mary4governorАй бұрын
Easy to say you don’t find value in buying designer after you’ve already experienced buying it because you can? The 1% is true, but also feeling like the video is a bit out of touch…