Happy New Year to everyone! Lets' have a great 2025
@spons198218 күн бұрын
thanks internet finance friend! I hope you 2025 is the best one yet.
@ShootYourShotFotos17 күн бұрын
I hope you get rich.
@improvementarcera16 күн бұрын
Happy New Years. I Hope everyone reading this Destroys ALL of there goals this year!!!
@latesummer37l8415 күн бұрын
just came from your 500k portfolio reveal! hopefully you still have pltr and tesla they great huge!!
@kevinmcshea278413 күн бұрын
😊
@Mark-qt8fs17 күн бұрын
Hit 140 yesterday. Fastest I’ve ever driven.
@Malitubee16 күн бұрын
Lmao!
@MoMo-0016 күн бұрын
😂😂😂
@ahmadfauzi575716 күн бұрын
Mph or kmh?
@bennyc65516 күн бұрын
km/h😂
@sparrowhawk853915 күн бұрын
@bennyc655 140 mph isn't really hard though. I've owned several cars you could do it with.
@hughsx3Күн бұрын
Am 59 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.
@AaronTiltКүн бұрын
True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
@Joeknowsball247Күн бұрын
Money advice is subjective, what works for you may not work for someone else, but it's always better to plan. I'm quite lucky exposed to personal finance at an early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after subsequent investments.
@chetrichards6Күн бұрын
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
@Joeknowsball247Күн бұрын
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, “Brenda Davies Clarke” turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
@chetrichards6Күн бұрын
Thank you for saving me hours of back and forth investigation into the markets. found her web instantly. After reviewing her credentials and conducting due diligence, i reached out to her.
@benjamindavidson2215 күн бұрын
Good job starting so young. I did not wake up til I was 40 and realized I had 30k in debt and was late on a mortgage pmt. Now at 53 I have a paid off house and a net worth right at 900k. Just wish I started sooner
@Johnlarry1215 күн бұрын
investors like you should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
@monicawill515 күн бұрын
It's really challenging to create a strong retirement portfolio, so I always preach about the relevance of having an advisor.This helped me stay afloat and improve my portfolio of $450k to over $660k in just 3 months.They have strategies that are specifically suited to your long-term objectives and financial aspirations.
@frankbarnes2215 күн бұрын
my partner’s been considering going the same route, could you share more info please on the advisor that guides you
@monicawill515 күн бұрын
I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with Carol Vivian Constable for years and highly recommend her. Look her up to see if she meets your criteria.
@frankbarnes2214 күн бұрын
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
@andrewjewett166615 күн бұрын
I started my finance journey at age 35 4 years ago, and have consistantly seen progress and gains by age 39. If anyone out there feels they are late or behind, Trust the process and stay dedicated. This video is a really great overview.
@YouHateMeForISpeakTheTruth7 күн бұрын
It's over in your 40s if you haven't started.
@ylondes9927Күн бұрын
@@YouHateMeForISpeakTheTruth It's never over, till it's over..
@moonman6543Күн бұрын
@@YouHateMeForISpeakTheTruthhaha don’t bring other ppl down just because you gave up broke boy.
@olliecherpuzi504516 күн бұрын
I’m glad people recognize it’s not just income. I am pretty low income. Roughly 45k/year from all income sources. But I spend nothing. No credit cards, car is a 2008, clothes all from high school. +117k home value -110,000 mortgage, no other debts +29,000 stocks, bonds, indexes +22,000 Roth and 403 +5,000 cash So 63k net worth at 26 :).
@nyctinasty499114 күн бұрын
Killing it 👏
@zygradex186713 күн бұрын
any in bitcoin?
@olliecherpuzi504513 күн бұрын
@@zygradex1867 Eh like maybe 1k. I throw $20 every time I deposit into my stock accounts. Mostly a store of value and in the improbable case that SHTF and the USD dies
@handlesrstupid12313 күн бұрын
jes 37 and i never earned more than 38k a year, guess I shouldnt have gone into the trades
@westonh99113 күн бұрын
@@handlesrstupid123really what do you do??
@cody59218 күн бұрын
Im 29 and sitting at $500k. I bought a house when interest rates were low and it appreciated. I also invested as much as I could afford to in my early twenties (which wasn’t much.) and it’s amounted to a 300k investment portfolio. Almost paid off student loans, wife’s car and school paid off, just have my car, the house, and 16k in my student loans left. Came from near homeless and am trying hard to outrun my fears of returning to the lifestyle I had as a kid.
@putchy793213 күн бұрын
why not pay off your debt now????
@cody59213 күн бұрын
@ Trying to buy a second house and turn my current into a rental. Hoping to put 20% down to avoid pmi. And my investments have been yielding a return higher than the 5% I’m paying in interest. So it just isn’t worth it from stickily a yield perspective right now.
@jeltoninc.854212 күн бұрын
Don’t play that obnoxious house flipper/rental game. It’s way more headache than it’s worth. You’re not some billionaire real estate mogul.
@cody59212 күн бұрын
@@jeltoninc.8542 lol I am not, however I am a commercial lender with significant amount of experience, determining the profit models of investment properties. my interest rate on my house is 2% it cost 290k and is now worth 550k I can rent it for 2800 a month and my mortgage is 1500. It would be very unintelligent to sell this house. But you do you brother, I’ll do me.
@jesseabbing155510 күн бұрын
@@cody592 Iam currently in my early twenties, what do you suggest investing in for long term?
@dillonrisk11 күн бұрын
I just tipped over the 500k net worth, and I'll be 36 this year. Watching this video made me feel pretty good about where I'm at, and reassures I'm on the right trajectory.
@Grace.h-t8o14 күн бұрын
Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
@berniceburgos-14 күн 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 wouldn’t have to worry about savings as you do now. Thanks to my FA, my portfolio is doing really great and I’m proud of the decisions i made last year.
@BridgetMiller-14 күн бұрын
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks..
@Lewistonwilliams-f5i14 күн бұрын
i've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.
@BridgetMiller-14 күн бұрын
Stacy Lynn Staples is the licensed advisor I use. Just research the name. You’ll find necessary details to work with to set up an appointment.
@Theodorebarba14 күн бұрын
Thank you for the recommendation. I'll send her an email and I hope I'm able to connect with her.
@MrTaco181815 күн бұрын
At 243k at 27.5. With a 80k salary. Been aggressive with investing and saving. Almost killing it!
@jakeoswald801712 күн бұрын
Just hit $90k net worth today (not including vehicle) at 25 - $47,000 personal brokerage - $31,000 401k - $12,000 checking account Looking to keep pushing really hard on investments and hit where you are around 28-30 depending on the market!
@Cloud2906512 күн бұрын
I’m 21 I’m around 45k net worth I’m at around 85k salary and I’m trying to get to my first 100k portfolio by 22 🙌 your story inspired me yessir
@cedric505511 күн бұрын
I’m 15 with a net worth of 178k USD am I killing it?
@Cloud2906511 күн бұрын
@ ay fire man good for the age
@brandon890011 күн бұрын
@@cedric5055 stop lying
@PaladinLeeroy420699 күн бұрын
The difference between the means and medians here really highlights economic polarization.
@angrydoc476916 күн бұрын
It’s really great to have goal setting. However, just want to emphasise the challenges at each decade. 20s are when you earn the least. 30-40s are typically when people have children who are financially dependent. 40-60s are when you have dependent parents. 70s plus are when you need to account for your own medical needs. All the above means it takes great financial discipline to stay on course
@Denise_Cocoa16 күн бұрын
I’m 35 with a $60,000 net worth. My goal by the end of 2025 is $100,000 net worth by paying off my car and another debt. I’m doing a low spend challenge for the year and taking classes to change careers and increase my income!
@GhostyyyY__13 күн бұрын
Car debt mid 30s is insane 😭😭😭
@BigGreenDildo13 күн бұрын
@GhostyyyY__ stay in your moms basement
@zaalb13113 күн бұрын
Is there a specific low spend challenge you’re going to do? Changing your net worth by +$40k will be really solid!
@gwa5613 күн бұрын
Keep going beautiful, you’re doing great🌹
@noah-talon12 күн бұрын
Great work. Good luck!
@Baldwin32119 сағат бұрын
Everyone’s been preaching investing lately as a source of passive income but with a 70 hour weekly jobs and limited knowledge of financial instruments, how can I actually stay on top of things, I see every KZbin video saying BUY BUY! But when and how do I sell for profit at the right time?
@Theodore324119 сағат бұрын
The current market might give opportunities to maximize profi.t, but in order to execute such effective transactions, you must be a skilled practitioner
@Scarlett3456819 сағат бұрын
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
@Alden45719 сағат бұрын
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
@Scarlett3456819 сағат бұрын
"Aileen Gertrude Tippy," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
@Alden45719 сағат бұрын
Thanks for sharing, I just looked her up and I would say she really has an impressive background in lnvesting. I have sent out a message.
@maxrohtbart620118 күн бұрын
Kudos on giving credit from where you are getting your numbers
@humphrey18 күн бұрын
of course
@Poindexter229117 күн бұрын
8:05 I did the same thing in 2021. I had around $23k left on a $60k car loan from 2019. My car payment was $800 a month and was a large portion of my take home pay. I had well over $23k in a brokerage account so I cashed out the equivalent of my auto loan balance and paid it off in one big payment. My brokerage account obviously took a huge hit but the car was paid off and I haven't had a car payment since, and my brokerage account recovered and exceeded what it was before. Even though my interest rate on my auto loan was only 3.99%, the peace of mind of having it paid off was worth it.
@Denise_Cocoa16 күн бұрын
Do you regret buying such an expensive vehicle?
@Poindexter229116 күн бұрын
@@Denise_Cocoa no, not really. It was the worst financial decision I ever made but it was also my first new car and it was more or less my dream car. I recognize the opportunity cost, my net worth would be significantly higher right now if I hadn't bought it but I don't regret it. That said, I doubt I would ever buy a new car again. I consider it a lesson I am/was willing to pay for once.
@Dweeble23315 күн бұрын
Young adults and the new car. A classic mistake we all make!
@6alisk13 күн бұрын
Nice man. It's always hard to keep a loan, but your brokerage account probably would have appreciated 8-10% yearly and your debt was only 4% interest :(. Still I respect the peace of mind!
@bleepinjeep12 күн бұрын
Don’t forget your net worth includes your home, but you have to have a home no matter your age so including that can sometimes skew the actual numbers. You can’t make 10 percent interest on your own house.
@leok719312 күн бұрын
You don't have to have a home. You can sell and rent if it's in your budget. You can even live in an RV and rent nothing. Home equity is absolutely something you can access
@Loveless10018 күн бұрын
I appreciate the median and average. Definitely puts into perspective how much outliers can shift the numbers. Glad to say as I hit my mid 30s I'm close to the "killing it" number! Appreciate all of the knowledge you've shared in 2024. Hope 2025 is successful for you and all of the viewers!
@humphrey18 күн бұрын
Yep!! awesome, happy 2025!!
@erickvelasquez641017 күн бұрын
23 yrs old, wrapped up 2024 at 65k net worth! No debt or anything, on track to be at 100k at the end of the year
@jaxn5415 күн бұрын
Nice man! My net worth is about 70k as well. But I’m 24. But I got around 50k in stock so hopefully things go well these years.
@coledean884515 күн бұрын
Let’s gooo! Great work guys! Keep it up!
@dez780015 күн бұрын
26 y/o, 55k net worth here
@jaxn5415 күн бұрын
@@dez7800 good job man! Being financially responsible is not easy but it’s nice to know what we are doing is working
@TheJohnmuzquiz15 күн бұрын
Just wait until you buy a house lol
@garyish17 күн бұрын
Good stuff as always. I am 39 with a 1.2M networth.. I knew I was doing well but never realized I am killin it.
@southeastoriginal566817 күн бұрын
Dang after all debt you have 1.2 million sheesh niceeee
@garyish17 күн бұрын
@ Yessir! And Ty! 260k of that 1.2M is home equity (420k - 160k mortgage remaining) and that’s the only debt I have.
@1000yrsofdeathh17 күн бұрын
You're more than killing it. Im also 39 with a 450k networth. Would probably be in the 1m if i bought a house early 2010s. So im between high end and killing it
@TMcGee12317 күн бұрын
Congrats!
@YuccaTrash7917 күн бұрын
Damn! Good for you!!
@ShibaInu4Me18 күн бұрын
I am 68. I retired 9 years ago. I have a net worth of $1.2M with an annual income from pensions, annuities, and social security of $60k. I live comfortably in the Bay Area and do not need to withdraw from my retirement.
@c00lguy1234518 күн бұрын
That's perfect. Great job thinking ahead and enjoying your retirement.
@teejay605818 күн бұрын
Life goals 🙏🏾🙌🏾
@kito1san18 күн бұрын
Good job 👍👏. You got out of the rat race.
@edhcb935918 күн бұрын
That all sounds great, but sorry you have to live in the Bay Area.
@timmontagjr.317118 күн бұрын
By retiring early, what do you do for medical coverage? Do you still have a job of some sort just for the benefits? Do you buy coverage from a benefits company? I plan to retire by around 55, so I’m trying to learn more about what to do for insurances etc when not from a job. Thanks!
@tylerredforge556312 күн бұрын
that number thing is super useful when you start saving young, ive always heard the "buy index funds instead of putting it in high interest savings" and now i actually understand why, cheers
@bernardoalejandrobustillos89718 күн бұрын
Im 25 and a half and my spouse and I have around 30K in investments and 20K in savings. Being married so young (23) definitely helps with the plan. The idea is to have ~150K in investments by the time we are 30.
@gonzaloagustinzambrano250718 күн бұрын
Totally obtainable and if your investments do well you’ll do a lot more most likely.
@humphrey18 күн бұрын
awesome!!!
@PennytheBernedoodle18 күн бұрын
Good job! Most people our age pay zero attention to investments so your mindset already puts you ahead of 90%.
@CoolestGuyInTheRoom18 күн бұрын
Use your money to get a skillset or education to level up your income potential.
@LeaveClean18 күн бұрын
27 & single at 200-250k depending if I want to sell my business 🤷♂️ Used to go out alot and party I had no saving until around 21, then i switched it up. Tbh In the last 2 years ive basically lost all my friends, most of the people around me didn't support my mindset, rifts were created. I spend all my time focusing on being the best version of myself this includes working on mindset, gym, work, business and talking to a small amount of people who have made it or similar interests about business, stocks and crypto. I just passed the new year 12am at the gym and then working afterwards. It is what it is, trying to become a millionaire before 30, let's see who wants to come around to support me then.
@GibsonJames-gr3on17 күн бұрын
Very informative video you have, I have been able to understand the messages you pass but there are some other challenges that may come about when taking some other risks
@OwenFlex17 күн бұрын
I don’t think anyone that has dedicated time,money and efforts to scale to new net worths in whatever field of investments hasn’t reach some of the challenges that you would face personally.
@SeanJohns-ze8ie17 күн бұрын
My son has been able to help with such issues through a CFA he was able to link me up with. Since hiring my advisor? It’s been better handling such financial turmoil that may happen
@John-ww2fv17 күн бұрын
Oh yeah! You can definitely say that, it does worry me a bit, but not as much as it would worry the average guy, my investment portfolio has survived a couple of recessions unscathed, been privileged to be guided under the stewardship of an extremely gifted investment manager by the name JOSEPH NICK CAHILL
@SeanJohns-ze8ie17 күн бұрын
Sure.. Joseph Nick Cahill has a really unique gift of being able to looking far ahead down the road to spot future investment portholes and possible major mishaps, so he helps me make the safest investments and also helps me hedge all my investments against possible future downturns
@TheRothschild77017 күн бұрын
Ok… I’ve been able to do some research on the web and I found his site, he has his license so that’s reassuring
@Vasquez-t9k17 күн бұрын
The idea behind The Elite Society's Money Manifestation ebook really blew my mind. It’s like stumbling upon a hidden shortcut to financial abundance
@anderspedersen675018 күн бұрын
I'm killing it. If I was in my 20s instead of 50s!
@SnowyCountryChicken18 күн бұрын
May you live to 100 and get all those extra years to Compound what you have.
@anderspedersen675018 күн бұрын
@SnowyCountryChicken oh God I hope not. Unless a million or two just drops into my savings accounts
@yippie686216 күн бұрын
You're probably like the majority of Americans. For 90% these numbers in the video are unrealistic.
@KenW41816 күн бұрын
This entire video seemed unfeasible given the state of the housing market and how large student loans are on average. I have a savings rate of 23% and a salary above the median household income in my state and I'm incredibly far behind these numbers.
@anderspedersen675016 күн бұрын
@@KenW418 I think most people overstate how much is needed to retire. With some planning ahead of time to have little to no debt, I wouldn't need much tbh.
@Slicko9714 күн бұрын
I’m 27 and I just paid off my house New Year’s Day, now completely debt free and ready to start growing the bank for the next investment
@99999Awesome13 күн бұрын
In my mid 20s. I know a lot of people in here are way ahead of me, but I just recently crossed into a positive net worth! Student loans started me a bit behind but I'm working on it!
@stocksxbondage18 күн бұрын
So I’m not killing it… but I’m strangling it lol. Quite the gap between high end and killing it.
@xensan7618 күн бұрын
I'm not killing it, but I'm poking it!
@ethanlieske967818 күн бұрын
Lets just say I would be tried for attempted murder
@stocksxbondage18 күн бұрын
Who am I kidding? I’m just sparring with it
@humphrey18 күн бұрын
Yep lol I know. Its meant to be a very big stretch goal
@m_rod956218 күн бұрын
Keep in mind that those numbers are good for a decade. So being in the early thirties and in the middle is pretty close to killing it imo. Time is everything.
@liongaming29636 күн бұрын
Thank you, i opened my roth ira yesterday and i feel like im so late, im only 21 and comparing my net worth to the median gives me a real perspective of where im at and how im really doing so thank you i needed this channel honestly
@KevinD2118 күн бұрын
I'm chosing not to pay down my house, since I have a low interest rate. Investing that money makes much more sense, because not only can you earn a higher return, but that money is also liquid, and not locked up in your home equity.
@georgialee675517 күн бұрын
Yes I have the money to pay off my condo ($33,000 left) but I’m thinking of investing it instead. My interest rate is 4% and 10% is the average rate of return in an SP 500 fund . Or I may put half toward my mortgage and the other half invested.
@METVWETV17 күн бұрын
@georgialee6755 DON'T! That's the math speaking by the way, A 6% spread justifies keeping the money invested!
@SkulledKing17 күн бұрын
Same camp. 60k left owed on my house at 4.375%. Putting an extra $150 towards the home. $250/mo in 60:40 retirement. 6%+4% match to 401k. Tax returns are always in I bonds. Live like your poor early. The faster the snowball gets rolling the less you’ll have to contribute later on.
@Bri-tg6xr17 күн бұрын
This is where I disagree with Yang, paying off your home does not make sense if you can earn more elsewhere with that money.
@lauriewinkelman360916 күн бұрын
Same. Mortgage is 2.7%.
@GeepReal18 күн бұрын
23 yo at $55k currently at the end of 2024. Started at $0 in March and began working 2 jobs 7 days a week in May
@sm0k34518 күн бұрын
based 🫡
@bernardoalejandrobustillos89717 күн бұрын
@@GeepReal that’s some real dedication! Congrats 🎉
@BigCat-z4k17 күн бұрын
This video is a game-changer! So much helpful information packed into one clip. I personally don't like promoting anything in comments, but I simply have to share with you a book called The Gilded Nexus of Prosperity, that book changed my approach to money, the methods in that book are impressive
@endrutatic17 күн бұрын
I used some techniques from that book to make money, and I can truly say I'm earning more now
@collectum-world17 күн бұрын
great book!
@Freddylone15 күн бұрын
At 47, I’ve come to the conclusion that the key to building wealth is developing good habits like regularly putting money away at intervals. It has worked for me since I was able to save over $15k which I've since flipped 5x consistently building my portfolio.
@FullOption15 күн бұрын
Wow that's impressive! I’m green to investing. I want to make better financial decisions but everything seems complicated. How are you doing it?
@Freddylone15 күн бұрын
I didn’t have any prior investing experience. A CFA, Herman W Jonas has taken all the guesswork out ever since I got into his program. My initial capital of $15k invested in stocks, and crypto over the short term yielded me huge profit plus bonuses. It’s all about accumulating wealth through compound interest investments.
@Archaengelh15 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.
@Kanthorc15 күн бұрын
Can he help me? I’ve made more losses than profits since I started investing in stocks and it's quite embarrassing at this point.
@Freddylone15 күн бұрын
Hermanw jonas that’s his gmail okay
@thesnyderteam-lasvegas661414 күн бұрын
40 years old, single, net worth a little over $2m. At age 34-35(2018-2019) I had a negative net worth and have had a decently high income the over the last 5-6 years and I’ve invested most of it. Most of my net worth is in real estate equity spread out over 14 rental units, a few hundred thousand in s&p500, and a few hundred thousand in cash and relatively expensive vehicles. What helped me get further ahead is eliminating my largest expense which is housing. For younger people buy a house and rent the spare bedrooms to your friends, it’s not ideal but offsetting your mortgage with rental income helps your active income go way further with investing.
@LeahDickson212 күн бұрын
I'm new to investing, and l've lost a good sum trying out strategies I found in online tutorials. I would sincerely appreciate any recommendations you have.
@YeaongSuEun12 күн бұрын
As a beginner, it's essential for you to have a pro or a very good trader to keep you accountable.
@YeaongSuEun12 күн бұрын
If you can, then get a professional to trade for you I think that way your assets are more secure.
@YeaongSuEun12 күн бұрын
Someone like expert Scarlett Hansley
@JessicaKoeman-p5z12 күн бұрын
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
@Alfonsosilva112 күн бұрын
This is correct, Scarlett's strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started.
@cunguyen684918 күн бұрын
I'm 34 net worth 1.3mil. I built all this in 9 years working a avarage job. I also came from a rough background not having a full time job till I was 25.
@piknick11118 күн бұрын
Does that include debt? Or you living with your parents?
@lovesophia1918 күн бұрын
Good job 👏
@cunguyen684917 күн бұрын
No debt and I own my own house.
@philb607917 күн бұрын
What did you do to get there?
@ShiroMak17 күн бұрын
Did u hit the lottery?
@logicae409618 күн бұрын
48 years old, former corporate executive - retired early. $3.1 million net worth - $700k home fully paid off, $800k 401k/IRA, $1.6m in taxable brokerage. The $1.6m yields about 9% for $150k/year in dividends/distribution. My portfolio in my 401k/IRA is geared for growth with equal balance between VOO, VTI, QQQM, DIVO. My taxable brokerage is about equally balanced between JEPQ, SPYI, RQI, UTF, UTG, PBDC, PFFA, SCHD, TLTW for income.
@ericmark4718 күн бұрын
Sheesh who’s your Financial Planner?
@logicae409618 күн бұрын
@ Friend I am my own financial planner. I have spoken to multiple financial planners who advocated the 4% rule and wanted to charge me .6-.8% each year. Until I get too old to do my own research, I am my family's financial planner.
@icuyouseeme18 күн бұрын
@@ericmark47 What did they say that made you think they had a financial planner?
@robertvandeveer184618 күн бұрын
@logicae4096, great summary with specifics in the taxable brokerage account. I am in the process of adjusting my taxable portfolio of stocks to dividend ETFs. 2024 was a stupid great year in the market. Now I want that explosive gains to build wealth for the next 20 years through dividend ETFs. Your list and my list are almost identical. Thanks for sharing. I have about $2.6mil in stocks and $1.4mil in property/IRAs between me and my Wife. I am "retiring" in March. 🎉 She wants to work for a few more years.
@TheComp_Troller17 күн бұрын
@@ericmark47watching videos like this and reading to get yourself educated to be your own financial planner is the best way to wealth!
@JoannaSnyder-n8j15 күн бұрын
Comparison is the death of your own goals. Your goals are yours and personal for a reason
@Coreyrob.14 күн бұрын
I reached $155k today. Thank you for all the knowledge and insights you've shared with me over the past few months. I began this journey in November 2024. Financial education is essential for over 70% of the population, as only a few are truly literate in this area. Thanks so much Angie Chen Owens
@MaryJoseph-vr8tw14 күн бұрын
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week.
@christianwalbank11314 күн бұрын
Angie Owens strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started
@christiancash914514 күн бұрын
The first time we had tried, i invested $1400 and after a week we received $4,230. That really helped us a lot to pay our bills.
@MikeRussell-x2z14 күн бұрын
You trade with Angie Owens too? Wow that woman has been a blessing to me and my family.
@wesleyfair155714 күн бұрын
I'm new at this, please how can I reach her?
@rbaca9020 сағат бұрын
I appreciate these realistic goals, it’s easy to get caught up in thinking you are doing much worse than others
@matt974118 күн бұрын
2025 is going to be a great year!!
@humphrey18 күн бұрын
agreed!
@FactStorm18 күн бұрын
Not with interest rates and mortgages. I am in my early 30's and will never afford a house unless I cash out my retirement (which i am not going to do), or I live in a substandard area full of crime and ghetto people.
@METVWETV17 күн бұрын
Especially after January 20th!
@FactStorm17 күн бұрын
@@METVWETV yes, yea.. because of the convict and election denier who duped the gullible masses?
@joanasantos163415 күн бұрын
@@METVWETVwhy after?
@MrDance4meh13 күн бұрын
Mid 20s & I’ve more than doubled the “killing it” category for my age 💪🏼 I could do absolutely nothing for 15 years and still be “killing it” by the time I’m 40
@Blittsplitt518 күн бұрын
26 and at negative 12k, lol. Will be out of debt in one year and 5 months, but even that minimum number seems crazy to me.
@brendabaker838218 күн бұрын
You got this!!
@Denise_Cocoa16 күн бұрын
You’re doing better than most at your age! Even the fact that you watch this type of content at 26 says your mindset is on the right trajectory! Keep it up
@KenW41816 күн бұрын
Do you have a house?
@EdwinNaranjo-Valles12 күн бұрын
That’s not bad so long as you have a plan to get rid of the 12k I’m sure you will be fine once you start accruing wealth!
@XAngelXD899 күн бұрын
Damn you're late
@shykoreangirl8 күн бұрын
i love the different goals thanks!
@FireMedicGJ17 күн бұрын
20 Year Old here. To avoid student loan debt and pursue a fulfilling career I started as an EMT when I turned 19. My current net worth is 110k and is diversified across broad market etfs, and high yield savings accounts. Always consider trades instead of immediately looking to a 4 year degree!
@bleach642716 күн бұрын
How much do you get paid as an emt
@FireMedicGJ16 күн бұрын
@@bleach6427 It’s a low hourly rate, but we primarily work 48-72 hour shifts so the overtime adds up
@FireMedicGJ16 күн бұрын
@@bleach6427 My hourly rate is low, but we work 48 or 72 hour shifts in my location so it adds up
@southernfriedkiwi772615 күн бұрын
@@bleach6427 $31,000-48,000 a year. $110,000 net worth doesn't really compute, in the space of 12 months.
@jaxn5415 күн бұрын
@@FireMedicGJ I’m getting my emt rn and about to start firefighting. The only bad part is that I started this at 24 instead of when I wish I did it at 19
@whoisit113 күн бұрын
Just turned 27 here, have around $45k in my Roth and individual accounts invested, have a vehicle worth around $25k that’s fully paid off. Have 0 debt. So total net-worth around $70k
@justicator18 күн бұрын
I'm 36, with a mortgage and a family and roughly a -50k net-worth, what I've been struggling with is following a lot of financial advice, and between living in New York state, with a high cost of living an high taxes, on top of working for the federal government where I do have the rare pension, almost all of these rules don't work for my calculations, but great info nonetheless.
@KG-rc3huКүн бұрын
If you’re willing to share a few details about your accrued pension and plan specs, I can provide an estimate of the value in today’s $ to give you an idea of where you’re at EDIT: I should specify that I work with pension plans in actuarial consulting
@michaelb48336 сағат бұрын
I always worry that I never have enough based on where I'm at and that everyone else earns more and has more. But watching your video took some of that anxiety away. I feel much more confident about what I have at my age. I make the mistake of comparing myself with others when it comes to the material things. But then I also realize that many people are in a lot of debt and living way beyond their means.
@jaymoua557318 күн бұрын
My wife and I are both 36. Just did our annual net worth statement from The Money Guy Show and we are officially net worth millionaires at $1.2M. Doesn’t feel like it though as 50% of our net worth is in retirement accounts and another 25% is in our home. We started with Dave Ramsey’s FPU which got us on the same page, then graduated to The Money Guy and Humphrey as well as others to grow our wealth. Hopefully when our kids get older it’ll feel less like we have to penny pinch. Keep up the hard work everyone!
@intensifier134618 күн бұрын
You’re married. You gotta cut it in half
@ryjoph8918 күн бұрын
@@intensifier1346 no you don't.... net worth is household . It is the total accumulation of assets minus the total accumulation of debts. If its good enough for the IRS or a lawsuit.... its good enough for retirement planning. If you try to separate it.... Who would take how much of the house? Are they planning on retiring separately? What if one spouse doesn't work, are they then worth nothing? Now if they divorce... then sure... but divorce takes every retirement plan and throws it out the window along with their love
@davidt743118 күн бұрын
@@intensifier1346no he doesn’t you’re just bitter .
@intensifier134618 күн бұрын
@@ryjoph89 there is no way you don’t think a single person with a certain net worth isn’t better off than a couple with that same net worth
@ryjoph8918 күн бұрын
@@intensifier1346 I never said two people with the same net worth as a married couple is not better off. I said you don’t cut net worth in half if you are married. There is a definition of how net worth is calculated and that is not how it is calculated.
@tomelew84653 күн бұрын
Great video! Thanks.
@JaredPalmerVlogs14 күн бұрын
I’m at $1,030,000 roughly at age 24. A lot of it had to do with luck, but also taking big risks and learning with the trends like a madman. I hit it big on TikTok shop the last 2 years, put 90% of it in crypto and hit it big again. Sold all my crypto first week of December 2024. I owe just under half a million in taxes for 2024. (And no I did not count the taxes I’ll be paying as part of my networth) ***EDIT: I should also say, if I were to try to repeat everything exactly 10 more times I don’t think it would happen a single time. My timing, skillset, and assets happened to all be perfect and the perfect time for basically 2 years straight. Yes I worked my ass off and sacrificed 2 years most people my age spend drinking or partying. But luck was maxxed out too no fault of my own
@Fnordyy13 күн бұрын
gz on the wealth. Can’t believe taxes take so much money away though, I think that only businesses should be paying this much 😭
@Pickupyourcross3313 күн бұрын
Yo my buddy did tik tok shop too and he is doing pretty well I think
@6alisk13 күн бұрын
Congrats man!
@ImVeryBrad8 күн бұрын
Good job dude. Now's the time to chill and let it grow safely. You're all set!
@ascanman13 күн бұрын
I'm nearly 37 and hoping to be at the low end by the end of 39, then hoping to jump to the middle category by end of my 40's, reach the high end category by end of my 50's and killing it by end of my 60's. I started late with student loan debt (60K) and not taking finances seriously when working seasonal outdoor jobs that were fun but paid poorly. Here's to "waking up" and taking some control over my life, sacrificing and making serious gains in just a few years. 🍻 I'm now achieving goals I only dreamed of doing like going on a trip to New Zealand. Just need to watch out for lifestyle inflation. 😅 Thank for putting out these benchmarks to keep me motivated!
@WilliamEly018 күн бұрын
As a 24 year old, this video made me depressed.
@Michael-ServantofJesusChrist18 күн бұрын
Why is that? It isn't unattainable. It is about becoming disciplined when you are young. You can learn to enjoy life and be frugal at the same time.
@WilliamEly018 күн бұрын
@@Michael-ServantofJesusChrist I’m currently only able to save a few hundred dollars a month, and my net worth is about -40k. At this rate I’m not going to be able to payoff my debt for decades.
@seanlue-yen771418 күн бұрын
I was just like you when I was younger, keep working hard. You make the most money in your 30’s and 40’s. Don’t think whatever your life is now is forever.
@humphrey18 күн бұрын
you got 6 years till 30! You got this...increase income via education/skills then start scratching at that debt
@TaxinGigs18 күн бұрын
You are so young. You've got so much damn time to catch up
@atomic332513 күн бұрын
This actually gives me a lot of perspective. Im more than 20 years ahead of the curve now and way beyond even the largest values. I always thought i was just average or a little above average.
@uscgkid10918 күн бұрын
30 year old here, net worth is just over 1mil. However with inflation and childcare it doesn’t feel like I’m doing well. Childcare costs are crippling
@misterogers17 күн бұрын
Unless you have some absurd situation like a dozen plus kids in VHCOL city, you should be able to easily afford childcare with those numbers, but no one likes to pay costs are skyrocketing no matter what the wealth level. If one of your earners makes less than the childcare, it could be pragmatic for them to raise the children themselves instead, but with those numbers that is less likely, and it is not always possible or the desire of one of the parents to forgo a career.
@Lenfal17 күн бұрын
Same. A bit over 5-6M$ net worth at 31 y.o., but still got financial anxiety.
@wings4shoes16 күн бұрын
It’s crazy to hear that ppl in their twenties have that much net worth on average! With student loans I’d image they’d be lucky to break even
@Annie08087518 күн бұрын
Nice. My only suggestion is that estate planning happen as soon as have kids or have a non-working spouse. This should include making sure you’re adequately insured, against death, disability, and lawsuits, especially if you’re high income.
@gapey18 күн бұрын
Will be 50 next year and considering retirement in the next couple years. Just finished rebalancing my portfolio and am looking forward to having more time on my hands in the near future. Staying out of debt and consistently contributing to retirement accounts is the key.
@TaylorBell18 күн бұрын
neat breakdown Big H
@MocktailPlease17 күн бұрын
Let’s get a turtle video like this!! 🐢
@phyllisburtonhearsawho13 күн бұрын
Retired at 55 several years ago, $1m in the bank. More time with my wife. 3-5 trips to the gym each week that I couldn’t do while working. Way less stress. More time for hobbies. Cycled 5,000 miles my 1st year of retirement. Joined a golf league that work travel had prevented. Actually have seen our net worth INCREASE nearly each year in retirement, thanks to no debt and years of dedicated investing with my FA Abigail Ann Ryan who made me a million after giving her a sum of one hundred and eighty thousand to start. Now i'm able to help my elderly mom more. Way more time spent outdoors with my family. Life is good!
@GregMerchant13 күн бұрын
Smart, You've done well for yourself. It’s all about accumulating wealth through compound interest investment
@KathHarnell13 күн бұрын
With a good investment plan that ensures steady income, without any doubts you can prepare for a well organized retirement.
@Dailypalamides13 күн бұрын
Wow this is really impressive...congrats on your success
@Clancysoucie13 күн бұрын
please can i get your consultants info? or should i drop mine for privacy sake ?
@phyllisburtonhearsawho13 күн бұрын
@clancy Sure, just lookk her up.
@dirtfreedom6 күн бұрын
34 and in the 50s high end. Been real estate investing for a while and the snowball is taking off. All things take time to build up. Happy I started early.
@shabustinkslol18 күн бұрын
$250k by 29 is insane lol, that's limited to single tech workers
@JosiahK55516 күн бұрын
I didn't start tracking my net worth to my early 30s. But i would estimate between retirement and equity in my house i was around 200k at 29 years old. This with only a slightly above average salary.
@CountryAggie8016 күн бұрын
I’m the same as Josiah. Didn’t start tracking til a couple years ago. I’m 37 now closing on a mil in NW.
@Malitubee16 күн бұрын
@@JosiahK555 Holy hell! What did you do for a living if you don’t mind my asking
@jordan340016 күн бұрын
Nope. I’m on track for it in the Uk where salaries are lower. Fairly average job. If Americans stayed at home and didn’t bankrupt themselves with education fees and car finance I think it’d be so much easier. Edit: The above advice goes for anyone in the west, but it seems to be more common in American culture.
@JosiahK55516 күн бұрын
@@Malitubee computer programmer. At 29 i was probably making almost 60k started at 22 as an intern for much lower. I drove a20 year old car and got a modest house. Mortgage was the only debt. I'm now 35 and debt free. Married and net worth of almost 700k.
@krissyrivard748516 күн бұрын
This was a great video, thank you!
@mnledesm18 күн бұрын
44 year old physician here. Net worth more than $1.2 mil (cash) and a house in California that is almost paid off since I bought it before the pandemic and my interest rate is fixed at 2%. I don't really plan on retiring. No kids, no spouse so I'm pretty comfortable where I am. I can take vacations when and where and for how long I want. If anything I will buy a house overseas in the beaches of the Philippines and vacation there every so often. My point is that everyone has their own goal and my goal is certainly to NOT stop working and curl up in a corner somewhere. I love my work and am pretty passionate about it. I'm very lucky in that regard.
@Polkadot218 күн бұрын
Thank YOU! It sounds so depressing when he alludes to retirement in 10 - 20 years from the age of 40! To do what?
@mnledesm17 күн бұрын
@@Polkadot2 the hardest part is finding a balance of what you want to do and what is financially secure. Vacations and idle time can be re energizing and necessary, but the plan of retiring and “doing nothing” can be detrimental. You can only travel for so long. Family and time are key.
@WhatsupSan17 күн бұрын
Great video to start the year! ❤
@DeslerNatasha7 күн бұрын
I want a balanced portfolio with growth investments, safe investments, and also focus on dividends to gain up to $20K monthly, my concern is picking the right stocks that can survive a recession. How do i go about this ?
@ConnyProvost7 күн бұрын
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. Depending on the worth of your portfolio, you should consider financial advisory.
@staccoxx7 күн бұрын
I think you're right my portfolio is perfect for every market season yielding 75% from early last year till date. I and my advisor are working on a 7 figure ballpark goal, though this could take another year. financial advisors are the most sought-after professionals after doctors.😊
@cindyshs7 күн бұрын
Could you kindly elaborate on the advisor's background and qualifications?
@staccoxx7 күн бұрын
I have worked with a few financial advisors before now but i ultimately settled for 'ELEANOR KATE FENN'. She is SEC regulated and licensed in US. You can easily look her up
@staccoxx7 күн бұрын
My CFA is ELEANOR KATE FENN, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and she's a valuable resource for anyone looking to navigate the financial market. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did, I couldn't have a better choice.
@babycomo12 күн бұрын
"The Millionaire Next Door". That's all you need.
@Aperez7818 күн бұрын
Great to see, just turned 30 and well above $250K and killing it on my own🙏🏻 I just gotta continue investing and be a bit more aggressive in my 30's.
@ItsOnPaper18 күн бұрын
stop flexing lil bro
@Aperez7818 күн бұрын
@ItsOnPaper Lmao 🤣, I'm just happy! I Come from a poor latino family with my dad dropping out of HS and my mom with a HS degree only; who both immigrated from there countries 35 years ago. I'm in the rare statistic of making it but worked hard these past 8 years to be where I'm at (: No debt and working as a software engineer 🙏🏻
@pierrepower318216 күн бұрын
if you don't mind what's your job
@Aperez7815 күн бұрын
@pierrepower3182 I'm a Software Engineer for a large Investment firm!
@nhitc683214 күн бұрын
And dont get married bro 😂
@CaptainCooter10 күн бұрын
I’m 24, I just hit 105k net worth last month. My investment portfolio is only $800, lol. Most of my net worth is tied up in my house & 401k. However, my goal was a house. Now my goal is to build my investments. Just feels like I’m still behind, regardless of owning my own house & having a decent start to retirement.
@wordenfrank111214 күн бұрын
I'm retired at 27, went from Grace to Grace. This video here reminds me of my transformation from a nobody to good home, honest wife and 35k biweekly and a good daughter full of love
@AlexJamesem14 күн бұрын
Wow that's huge, how do you earn that much? I'm 37 years old and I've been looking for ways to be successful, please how??
@Fabianoviedo-n9z14 күн бұрын
I have heard about her excellent trading expertise in CNBC news, guess she's more popular in United Kingdom.
@MarkVily14 күн бұрын
I started very low, $1,000 or so. The returns have been huge. Joey is doing well in school, telling me about new friends he is meeting at school... Thank you Maureen duke, you are a miracle.
@Vickicankor14 күн бұрын
God is great 👏👏👏
@Vickicankor14 күн бұрын
I thought myself and my family were the only ones enjoying Maureen Duke trade benefits
@carbon-structure16 күн бұрын
Being allergic to debt and being on the right side of interest rates and compounding gains is a mental shift many people should take early if they want to build financial independence.
@Annie222918 күн бұрын
One of my biggest financial mistakes was not being born in 1930 and dropping $100 into the S&P 500.
@SergioRomano-nj8eb18 күн бұрын
Timing the bottom of the market is notoriously difficult, even for seasoned investors but consulting with a financial advisor can also provide personalized guidance tailored to your specific financial situation and goals.
@Theodore-tu5zg18 күн бұрын
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in stocks, which is pretty simple. On my portfolio, which has grown over 90% in a little over a year, my advisr chooses entry and exit orders
@Adam-dm8wg18 күн бұрын
Sounds interesting! Please can you leave the info of your Investment advsor here? I'm in dire need for one
@Theodore-tu5zg18 күн бұрын
Joseph Nick Cahill a highly respected figure in his field. I suggest delving deeper into his credentials, as he possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@camela8445Mar18 күн бұрын
Thank you so much for the suggestion! I really needed it. I looked him up on Google and explored his website; he has an impressive background in investments. I've sent him an email, and I hope to hear back from him soon
@piknick11118 күн бұрын
36 and we are already beyond killing it based on your chart. Its really about living below your means and trying to work towards a good paying job. We save alot but we feel we live a rich life.
@LarryIAm18 күн бұрын
Hell yeah, I’m 24 and have a $150k net worth. Between cash and investments, I want to buy a house soon (currently renting) and still plan on increasing my income/ knowledge. Congrats to everyone!
@rusty93518 күн бұрын
run the buy vs rent calculator before choosing to buy. Buying a house is not always necessary just bc america tells you you need a house
@gonzaloagustinzambrano250718 күн бұрын
I’m in exactly the same boat I just don’t know if to buy a house and just keep on investing.
@LarryIAm18 күн бұрын
@@gonzaloagustinzambrano2507 I agree, properties in my area are still selling like hot cakes. Realistically I need to meet more people in the RE space because you won’t find deals on Redfin/ zillow it’s usually relationships that can help with that but I do plan on house hacking OR using 1099 income (using a portion of said property strictly for business) to have deductions on mortgage costs against said income. But we’ll see, still a dilemma if there will be a RE market crash or if rates will go down. But good luck to you. Side note: I personally wouldn’t stop investing in stocks, it’s worth it as costs of investing are lower than in RE, you will have maintenance costs and your mortgage can increase along with other headaches so best to think twice before biting the bullet.
@T1IVl18 күн бұрын
Buy. You can sell it or if you pay it off fast, you can save thousands a month and peace of mind.
@Nb-ll8kp18 күн бұрын
Only buy if there’s a way for you to rent out a suite or rent out a room. At least that’s what I’d do.
@yahnniemeng13 күн бұрын
Nice info in the video. The only change I would make is to include the estate planning/POA/parental guardianship in the 30’s decade. You never know when you’ll get sick, be involved in an accident, or another scenario where these documents will prove essential.
@Paracorder17 күн бұрын
My wife and I are 25 and are on the brink of a $400k net worth. I was able to buy a house in 2020 right before shtf. That accounts for about half. The other half is discipline and hard work. Listening to good influences like Humphrey, Graham, and Ramsey makes a difference if you follow through. If you’re reading this, you can do it too! It won’t be as fast as we have been lucky but your hard work will pay off. As for the goals he recommends: We’re saving 20%, only have a mortgage for debt, and plan on increasing our income through rentals. Like I said, Humphrey gives good advice. Listen to him.
@ananasshow14 күн бұрын
If the value of your house is 400k and you still owe 350k in mortgage payments, your net worth is 50k
@Paracorder13 күн бұрын
@ house is $330 owe $108. Were more conservative when we tie it into our net worth estimate
@Paracorder13 күн бұрын
@ also, your net worth isn’t just real estate, it’s also the money you have. Over $100k of our new worth is in the market or in savings. About $200 is the equity in the house. About $70k in valuables: cars, tools, firearms, etc.
@ananasshow13 күн бұрын
@@Paracorder I’m just struggling to believe that those are real numbers. I thought either you are not saying something important (like having started from a heritage), laying, or not good in calculations.
@Paracorder13 күн бұрын
@@ananasshow definitely understandable. Like I said we were very lucky with the house. When I left college my parents were very kind and gave me a $10k gift for the down payment and renovations. Our house was a foreclosed pos. Then the housing crisis started. About $25k was from accident payment injuries. Right now we’re putting away $2.5-3k/m into a high yield savings account and in 2 years (hopefully) will be able to pay off the mortgage. Certainly depends on how much I’m able to work as I’m hourly (currently looking at back surgery relating to on if the accidents) and about 40% of my income comes from OT. I work a very seasonal job and work 80h/w in the summer a this time of year (Jan when writing this) I’m at about 40-60 week dependent. When I bought the house I was making $1200/m and the mortgage was about $1000. Certainly not a great situation but luckily it turned out well. That instilled a lot of discipline in me. I remember when I finally had $10k and the relief that came with being able to afford a furnace if it went out. Last year I worked on changing my mindset from scarcity to abundance and started budgeting this year. That made me realize we could payoff the mortgage in just a few years instead of 30. To recap about $35k was not our doing. While $35k is not as much to us now, a few years ago when we were fresh out of college it provided a much needed buffer. We never actually used the money but it was more the emotional benefit of having it there. Not sure if I’ve convinced you but maybe there’s something of use to someone else in there.
@animefan4ever18 күн бұрын
Humphrey i am proud of you i believe in your age you already killing the goal for 50s. Congrats you made it enjoy it 👍🏻
@Tenderloin8818 күн бұрын
I'm 35 and have about 680k. Love the vids, keep up the good work my asian broski!
@gabrieleden2617 күн бұрын
I’m 19 years old and my net worth right now is approximately 135,000. I never made much money from employment but just saved everything I had from a cat breeding business and invested while still a child. I grew up lower middle class also, but was given much wisdom and help from my parents and siblings. The best thing I was given was the desire to save and not care about appearances: eg I drive an ugly 2005 Honda civic with 375k miles that my family had while I was growing up 😂. Now I am working on a finance degree and helping other young people get Roth Ira’s and take control of their spending! Wealth is POSSIBLE for ANYONE! It’s not complicated, but it isn’t easy. 😅 I just want to encourage my peers to make wise choices and be hopeful for the future! 😊
@frankperdomof50917 күн бұрын
Great video. 53 years old and a net worth of $2.3 million
@ezekielzauner424515 күн бұрын
I’d love to see more content showing inflation adjusted goals. For instance all the values in this video are in todays dollars but someone who is 30 now will need substantially more in there 60s than some in there 60s today. Like what are real good goals for a 20 or 30 year old 10, 20, and 30 years out with inflation accounted for. Basically the reasoning behind why savings goals are always in percentages of today’s income and not dollar amounts.
@triple_gem_shining18 күн бұрын
Killing it
@humphrey18 күн бұрын
nice.
@mydressmemos17 күн бұрын
i am 46 and my retirement account has gone down by 13.7% in the past year due to rebalancing I did out of fear uncertainty and doubt. What are best alternatives to take in other to secure a financially free retirement and achieve ultimate peace? I don’t want to fail after 42 years of working hard.
@JacobsErick-u8r17 күн бұрын
At a point like this, when the pressure is already on you to retire, its best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.
@richardhudson124317 күн бұрын
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
@LUCIASMITH-d1z17 күн бұрын
Do you mind sharing info on the advisor who assisted you?
@winifred-k9e17 күн бұрын
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
@RMSx3-hx3po16 күн бұрын
@@winifred-k9ehahahaaa no one believes you 😂
@jimkazetsky589712 күн бұрын
I’m feeling super discouraged after watching this. I’m going to physical therapy school and I’m going to have to pay off a small house when I graduate. I’m happy because I’m doing what I’m passionate about but I’m feeling the weight of the debt and I haven’t even graduated.
@Uriah6254 сағат бұрын
I’m going to assume since you are going to school that you are in your early 20’s. Don’t sweat it, you have a long time to get where you need to be. Just make wise financial decisions and you’ll be ahead of the game in no time. Two recommendations. Don’t buy a new car until you are 50+. Buy something 7+ years old. Do as much as you can for yourself. Everything you do for yourself is like paying yourself a wage.
@jimkazetsky58973 сағат бұрын
@ thanks for your reply I appreciate that. I definitely won’t be wasting money on a new car. I just have to figure out the most effective way to pay off my loans because some have higher interest than others.
@Uriah625Сағат бұрын
@@jimkazetsky5897 loans aren’t necessarily bad unless the interest rates are high. I’d say, anything over 6%. Apparently you have numerous loans. I would suggest tackling the smallest loans first, unless the interest rates on these particular loans are much lower. I would suggest picking away at one loan rather than the whole group. Assuming you have extra cash to do so.
@shamseldinayman18 күн бұрын
Can you make a video about ESG ETFs as an alternative to the S&P 500 and VOO etc? There are certain companies a lot of people (myself included) are not comfortable investing in so it reduces their investment options.
@matthewminogue327618 күн бұрын
Very obtainable net worths especially if you bought a house before the big inflation period. In my 30s and just the value my house took covers 200-300k
@TinaJames22215 күн бұрын
To attain upper-class wealth, a wise individual recognizes that building financial success requires smart investments, strategic tax planning, and informed decision-making. Although the stock market offers growth potential, effectively seizing these opportunities demands both skill and expertise.
@nicolasbenson00915 күн бұрын
Stock investments can offer great potential, but it's essential to approach them with caution. I recommend consulting a financial advisor who can help you determine the optimal times to buy and sell.
@Vincent-j8u15 күн бұрын
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
@sharonwinson-m8g15 күн бұрын
How can I reach this advisor of yours? because I'm seeking for a more effective investment approach on my savings
@Vincent-j8u15 күн бұрын
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Lisa Grace Myer” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
@JacobsErick-u8r15 күн бұрын
Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
@juanspte1415 күн бұрын
Great video!
@PeteJimenez-g1q15 күн бұрын
I'm favoured only God knows how much I praise Him, $230k every 4weeks! I now have a big mansion and can now afford anything and also support God’s work and the church.
@PeteJimenez-g1q15 күн бұрын
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
@SharonLong-v8d15 күн бұрын
Wow that's huge, how do you make that much monthly?
@RosePeters-g2f15 күн бұрын
I'm 37 and have been looking for ways to be successful, please how??
@PeteJimenez-g1q15 күн бұрын
I earn from investing in the digital market with the guidance of (Ms. Evelyn Vera) Brokerage services. I'm happy to talk about it!!!
@PeteJimenez-g1q15 күн бұрын
I remember giving her my first saved up $20000 and she opened a brokerage account with it for me, it turned out to be the best thing that ever happened to me.
@brandonpaul157816 күн бұрын
Awesome video. There are a lot of net worth by age videos out there but this one goes above and beyond by not only showing the numbers but adding context and explaining realistic goals. Thanks for all the great videos in 2024!
@RandomYoutuber102318 күн бұрын
Im 42 with a family net worth exceeding 2M. I disagree that you shouldnt borrow equity from your home. In fact I used $200K of my primary home equity to start purchasing real estate in 2023. That $200K allowed me to increase my cash flow and start looking into more investment properties. You can borrow from your equity, but dont spend it on vacations, car payments, or credit card bills.
@misterogers17 күн бұрын
Leverage is very good when prices have increased like they have recently and especially post covid, but employing this same strategy in 2025 or in the late 2020s may have very different results, once an eventual national price correction hits. You made a calculated risk and it paid off. But of course, it could pay off, too. But being upside down on real estate is bad and if it happens with leveraged home equity debt, it is worse. That being said, how you used the money was much wiser than using it on fruitless spending with no upside potential.
@MeltingRubberZ2817 күн бұрын
@@misterogerssupply and demand bud. Low supply right now, prices aren't coming down.
@stephencolor201013 күн бұрын
Shout out Money Guy Show!
@MoMo-0016 күн бұрын
28 now (turning 29 in 3 months) and have a net worth of 485k.
@ElectricTechAdventures13 күн бұрын
I think it is highly advisable to get a will and living trust far earlier than your '60s. Bare minimum get a will before your first child is born.
@yahnniemeng12 күн бұрын
100% agree this should be done before first child is born and updated as needed after that
@cade898618 күн бұрын
I’m 24 and have about $200k net worth. 180k in accounts and retirement, and a paid off truck worth about $25k $5k left in student loans with low interest, so I’m paying the minimum. Frugality is the way!!
@TaxinGigs18 күн бұрын
💪
@pierrepower318216 күн бұрын
@@TaxinGigs you're killing it
@henryscott481115 күн бұрын
what color is your bugatti tho?
@smileyspoon19 күн бұрын
I'm killing it. Love it. Not bad for starting my career at 2009... What at utter disaster of a start. The silver lining is resilience I guess 🤷♂️
@tyleradamson95 күн бұрын
I lost over $176k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
@luckystatham5 күн бұрын
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
@Arlingtongeorge5 күн бұрын
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
@SammieOlin5 күн бұрын
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
@ZahirFriedman5 күн бұрын
I'm new at this, please how can I reach her?
@GrozaGroza-ko7fn5 күн бұрын
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
@jbobby184118 күн бұрын
I’m 25 and have a net worth of $184k. Not quite killing it yet but working to save and hit the goal before my 30th birthday.
@jjred23318 күн бұрын
Nope, you are killing it. Maybe not if you live in high cost state like CA.
@VinceWantsWealth18 күн бұрын
I’m 19 years old with a net worth of 30k while still working in a minimum wage job. Aiming to get 100k before 22. Started to learn about investing at the age of 15 but was finally able to do so at 18 and i think (?) i’m doing pretty good so far
@jjred23318 күн бұрын
Now that is really killing it. I had about 10k back in 1994 at age 20 working at minimum wage jobs. I use it up to go house buying, then real estate market went crazy for 15 years. Probably going into another crazy years again. Try to avoid big items like cars or homes.