I’ve Made Millions of People Rich… Here’s My Investment Playbook

[@DanCooper404]

Ha, I was literally paying off my high-interest credit card as you said to. I only found your channel a few weeks ago, but have already turned my finances around. I started an emergency fund, and already have just under 1 month's worth of rent in it. I just transferred my credit card balance to a new card that offers 0% interest for 18 months. This'll save me a couple thousand in interest next year as I aggressively pay the balance off.

[@lowlowseesee]

you're going to be rich as fuck. im very happy for you lets goooooooo

[@claud1834]

He’s right on! I invested every year, 401K and IRA. After fully funding these options, I always felt comfortable spending the rest of my income on travel, etc. I retired 10 years ago, thanks to 401K and IRA. Now I’m 65 and can take a big trip every year and feel secure with finances. Ramit’s advice is spot on!

[@lowlowseesee]

congratulations! very inspirational

[@simonatodorova5972]

Hi Ramit, OMG this is exactly what I needed to see right now. I can’t thank you enough for all that you have done for this community. You change lives for the better! Greetings from Europe

[@ramitsethi]

Glad it was helpful!

[@dr.lefort1596]

I’m a dentist and tell my patients to floss and invest. They probably don’t do either.

[@Trix897]

@@dr.lefort1596 I do one of them…not the one you want your patients to do the most, though!

[@Suntrippers]

You’ll be happy to hear that I do both 🎉😂

[@hiteshbhatia3152]

Haha

[@sayless00]

Ramit you’re the fucking GOAT of personal finance. Changed my life and generations of my family will benefit because of you, thank you 🙏 God bless.

[@ramitsethi]

Thank you for watching!!

[@FloatingWeeds2]

As a hedge fund manager, I endorse this view. Good job Ramit. You've helped me neutralize my more inane frugal impulses, like only getting the bottle of tea that's the absolute cheapest instead of the one I would actually like which costs literally no more than 50 cents more. I'm glad others are benefiting from sophisticated investing advice that's compatible with the most efficient method for Americans to gain wealth over their lives. Best wishes.

[@abclawnworks9127]

This is great advice for w2 employees.

[@wayfinder81]

@anupamaharolikar1286 There are so many different brands of bottled tea now... where are you going with this one?

[@akersmc]

Hey Ramit, after paying down all my credit card debt to zero over the last year and now working on building an emergency fund this video really takes the mystery out of "what do I do next???" Perfectly timed. My big milestone goal for the last year was "open a HYSA for my emergency fund" and now my next big milestone is "open an investment account like the one Ramit was walking through" Thanks!

[@Trix897]

@@akersmc the Money Guy website has a more robust Financial Order of Operations that is handy as well. Both have helped tremendously.

[@lowlowseesee]

I am excited for you congrats!

[@danielshannon167]

If I'm getting a late start, in my 40s, should i still do a target date fund or should i use generic s&p to make sure i build enough

[@jenurias7303]

THANK YOU! I needed this today, I opened my Schwab account this week and now need to proceed with funding and buying. I am going to watch video one more times, and then will be off to automate all of this. Grateful for your time.

[@darren1922]

My family and I came from Vietnam as refugees in the 80s. Growing up, all I knew about money was from my parents. All they ever say was to save, save, save. Good advice if you want to just have enough money to live. But that advice never got me ahead in life. I'm now aggressively investing in my 401K and Roth IRA. Better late than never! Thank you, Ramit!

[@lowlowseesee]

luckily for you investing and saving are similar enough for you to make the adjustment. I sense you will kill it

[@FireOElijahMC]

It’s crazy how many things we’re taught about money that just aren’t true. Why isn’t anyone talking about the book The Architect of Riches by Alexander Pierce? It really opens your eyes. A lot of successful people mention it!

[@meditim2032]

I heard about that book before, thanks for sharing

[@F2_CPB]

Uff these bot comments/paid. Be careful everyone

[@TheSUPERHAPPY1]

Damn. *This* is the video I've been looking for. Showing exactly what to click and what the words mean. Takes the scariness out-of it. *Thank You!*

[@truqqy]

The most practical vid by Ramit on building wealth. Thanks!!

[@obrienortega6942]

I rather invest in a two-fund portfolio (VOO and VGSH) and reinvest the dividends. Target Date Funds (for the most part) are high in fees. Also, a lot of these target date funds (if not the majority) pay annually.

[@ebelen1]

This is probably one of your best vids for many. Thanks.

[@lesliedonovan8123]

For Ramit or anyone watching, where would you put 10k emergency fund? High interest savings, brokerage account?? Any advice is welcome!

[@MicheleScipioni]

HYSA. if it's an emergency, you need to be able to access those money quickly + you need to be sure the market has not gone down right when you need them

[@DavidSmith-wq3wu]

Hysa, money market mutual fund, super short Treasury ETF, all are fine.

[@DerekSpeedExposure]

Hysa

[@codylabrecque7581]

HYSA, easier to take out when you have an emergency

[@kennethroyer9949]

Emergency Fund (EF): 3 months checking 3 months High Yielding Savings Account 6 months Vanguard Short Term Bond Fund

[@AwakenWealth999]

Breaking down complex investment strategies into simple steps is exactly what people need to start building wealth confidently. Thank you

[@akbarnaqvi4737]

Great video! I feel like you can go between TDF and the Swenson approach. I have a much simpler portfolio of 80% total market fund and 20% international fund, I set my investment automatically to go to those two accounts at this ratio, rebalance once a year, and I am done. Plus, it's pretty easy to just switch to a TDF in tax advantaged accounts if I ever reach a point in my life where I am too busy to think even that much about it. My personal risk tolerance TDFs lean too conservative and a bit too heavily in international to me. I also work in a job with a pension so don't really need to ever invest in bonds at least as long as that pension is still alive. Also, if you can afford to get an HDHP then I would put the HSA over the Roth personally, because it essentially functions the exact same way but it's triple tax advantaged. If you need to switch to another health insurance plan then just put what you were putting in the HSA in a Roth.

[@KoreyRowlsonGroupfivestar]

Great video. I liked how you showed a real world example and how people need to actually invest and select a specific fund. Your book and videos have been enjoyable to learn from. Keep up the great work, Ramit.

[@Lomarlo85]

I want to make sure i understood. If i cant max out my traditional 401k and roth…. Dot worry about trying to do other in investing like on Schwab or Vanguard and just focus on trying to contribute the most to your 401(k) and Roth first only after those are maxed out is when you can start trying to invest elsewhere? And when I say can’t, I know you always say we can do whatever we want It’s our money… but I mean like would it be more beneficial to focus on trying to max those two first?

[@markgordon6717]

Yes. They are tax beneficial accounts. As long as the money is for retirement.

[@adacomparan4576]

This is the most instructive video I’ve found to buy funds. Thank you so much for making it simple!

[@EndoExcision]

Yeah but what if you buy Maldon from Costco? No but serious question: there’s no doubt that simplicity increases the absolute chance of investing at all - how do you decide, as a financial counselor, what level of detail to include as far as portfolio construction, flat 4% vs “guardrails,” 7% annualized vs providing a confidence interval at various durations, etc?

[@ScottBatson]

Honest question: is it okay to just invest 100% into target date funds? Is there a point where you should do something like 75% target date and 25% S&P500? I guess it feels off to put all of my investments into one bucket, even if that bucket is diversified for me

[@ramitsethi]

You could, but it would be very odd. There's not really a reason to IF you're talking specifically about equity investments (e.g., some people also want their investment portfolio to include rental properties, gold, etc). Remember, TDFs are automatically diversified.

[@mt-nr3vj]

Remit- can you please make a video for people in their 20s and what they need to know and be careful for now?

[@juliesutherland00]

I loved your book and your advice ! Thank you for your work

[@Monica-70]

Im loving your communication style! U rock!

[@pragathisrp]

Hi Ramit, avid follower of your channel and recommend it to everyone including my kids! What’s your take on Crypto / bitcoin ETF in this new world where there’s so much political momentum behind it? I have stayed away from them for so long but now planning to include some in my portfolio ( typical if you can’t beat them , join them mentality).

[@Ash-jx9bk]

What do you recommend if you have access to a Roth 401(k)? I’m guessing to match out the 401k after paying off debt, correct? Then, open a Roth IRA?

[@kbeestube]

Excellent video .... walking through buying an investment was gold and helpful.

[@pratikpatel7114]

Rhank you Ramit for showing this. This is very helpful and a game changer. Keep making more of these videos on investments. We all need this knowledge about roth and ira and how investments can be done for better future

[@Adman-p4j]

I WISH WISH WISH that I had found your book when it released. Those extra years of tactical investing could have made a big difference for me. Stupid me had that money with a bank 'financial advisor' who had it all in bank owned funds and shite yields.

[@Writingintune]

Ramit, is there any point to contributing monthly to a total market fund and a sp 500 fund in the same Roth IRA account?

[@Cookiecake55]

Thank you so much for sharing this information!!!

[@jaymst66]

Watched your Netflix special, subscribed to your KZbin channel and just bought you book. I'm 58 have a 401K with my employer and have another account I invest monthly into. All you strategies are for people half my age. What advice do you have for people a decade or so away from retirement?

[@Huhwhat9237]

Started a year ago 🎉 this shit is dope

[@JenniferKennedy562]

Wow!! This was so valuable. Wish I had this info when I was in my 20s. I've been investing for a number of years now though, and I'm always learning something new. Thank you for sharing.

[@Stivaka]

I can't get enough of this bun 😅 he's so systematical and real.

[@3zeekiel]

You said in the video that the one thing we want with target date funds is that they get more conservative over time, but with David Swenson's recommendation it's more lower risk / conservative right now. As a 32 year old how do I justify the Swenson approach if I have a high-risk tolerance being so young, and I have 30+ more years to invest?

[@mykhalable9433]

Pumpkin Spice Lattes have been my best investment ;)

[@lowlowseesee]

lol that has no ROI so no

[@m0e87]

What about happiness as ROI?

[@JV-ir3zw]

I had no idea that you can invest the money in your hsa account and its GREAT !! ❤❤ thank you Seti

[@georgiivanov6899]

Are those platform only for American? or i can invest from Europe? please i need answer

[@educatedwanderer9293]

Step 1 Contribute to your 401k enough to take advantage of employer matching. Step 2 Pay off any high interest debt. Step 3 Contribute to a Roth IRA up to the allowed limit. Step 4 Contribute more to your work 401k up to the limit allowed. Step 5 Contribute as much as you can to an HSA if you have access. Step 6 Open a brokerage aka taxable account and contribute what you can. I have been doing all these steps since 2016. Prior to that I was doing Step 1,2, and 3 all the way from 1993 to 2016. My net worth at the moment is $3.18M, with 5 to 10 years until retirement.

[@jrs4101]

What if you don't want to wait until 60 to retire? My wife and I are 38 and plan to retire at 50. Most of the rungs aren't accesible until after 59 1/2. Personally we've been investing in Index Funds, hoping to have about 1 million invested by 50. We wouldn't live in the US though, too expensive.

[@ramitsethi]

You can invest more in a taxable account

[@noahpaulos5931]

@@ramitsethiyou have great video but could you please 🛑 stop using rude language for the respect of your audience. It’s really unhelpful & insulting to your viewers . We need positive energy Not negative one. Ty

[@user-ku8sh4sk9r]

​@@noahpaulos5931 I find it funny and I'm glad he leans into it. I don't get insulted because I know he's not actually talking about me, you know? Ramit had some gross frat boy-ish jokes in his first book, but removed them for the newer edition (and I believe acknowledged this at least once), that's the kind of "humor" I wanted to see less of and thankfully he matured and corrected course. Cranky Ramit can stay, though.

[@LadyA_75]

Hi, I'm French and live in Europe. I'd like to follow your advice and start investing. Should I invest my Euros in the types of accounts/funds you mentioned and use the same services recommended for U.S. citizens? Are there any differences or pitfalls I should be aware of as a European investor?

[@montyburnz]

I heard that only 26 states in the USA require financial education for high school kids. This information should be fundamental. There's so many Americans who don't know what they don't know and they are poorer for it. I was lucky my mom drummed it into my head to fund a 401K with my first job. Still, I didn't finally learn about buying an index fund, staying invested for the long term (despite any corrections/dips/crashes), and the power of compounding until now my 50's. I spent too many years on the sidelines in cash trying to time the market. I'm doing ok, but I could've done better.

[@audreyoreilly4055]

I hear you.

[@boisabidoreen2351]

If for example, I pick a target fund date for 2060, then 2060 comes around and I don’t want to retire yet. Are there any changes that will happen to that target fund?

[@ameliabaran932]

The 2060 target date fund you'd be invested in would be acting as if you're retired. So it'll be heavier on bonds and fixed income. It should still have a decent amount of stocks, though, and all in all will probably not be that different from, say, the 2055 fund or the 2065 fund. Overall, if all your retirement money is in a 2060 target date fund and you decide to continue working another 5 or 10 years, that really isn't a big deal. In fact, I'd say it's better to continue to plan as if you're retiring in 2060 even if you start to think you might go to 2070, because you never know if you'll be taken out of the workforce sooner than you wanted due to injury or illness.

[@boisabidoreen2351]

@ so basically the 2060 date fund will continue to grow even if I retire 5 years later? Just making sure that it will not plateau iykwim…

[@cybertoeknee]

Just as a simple example. Let's say the current 2060 fund is currently at a 90/10 split of stocks (90%) and bonds (10%). The glide path of the 2060 fund will slowly decline to 80/20, 70/30, and then eventually to a 60/40 split as you get closer to 2060. The 4% rule Ramit talks about is based on a 60/40 stock and bond portfolio split. If you wanted to extend your retirement to 2065 or to 2070 and increase your stock split, aka more risk than you'd purchase those specific funds. The 2060 TDF will stay at the conservative 60/40 split throughout your 30-year retirement.

[@cybertoeknee]

@@boisabidoreen2351 Yes, it will continue to grow but at a more conservative rate than when you first started investing.

[@ameliabaran932]

Agreed. I recommend you go check out a 2020 or 2025 target date fund. That'll give you a good idea of what your portfolio will look like as your target date fund approaches 2060. You'll see that there are still plenty of stocks in there even as the fund hits its target date. The primary purpose of the fund at that point is to provide fixed income and preserve wealth, but a good chunk of the money should still be invested in stocks for a secondary purpose of continuing to grow.

[@Blargmaster-pf4bf]

When using the 4 percent rule in retirement, what should you be invested in? A target date fund? Fixed income? Or 100% stocks?

[@armandochavez4398]

When do we start leveraging into dividends stocks?

[@mattbrucelee7589]

Could you do one with a pension calculated in. My pension in twenty years could be worth 150k a year plus.

[@jetteharris9128]

This is perfect timing for your new book, because I was just thinking we need to start investing for our kiddos.

[@mitalibarman3702]

I LOVE watching your video.Ofcourse for all the wonderful knowledge you share but more than that the way you talk makes me laugh :) ..Keep doing the great work Ramit.

[@aidanlooker820]

Hi Ramit, I noticed that much advice is specific to the US. I am in Australia. How should I learn more about Australian specific advice?

[@JuliaPrihoda]

This is SO helpful. Thank you!

[@MsSunnyMuffins]

I kind of misunderstood investing when I first started going and threw money into the S&P500 and a few other ETFs. They're doing well there! But I wish I had understood the benefit of tax advantaged accounts haha. Right now I prioritize my roth 401k, but am researching more on a regular 401k to see if I was right to not pick that one.

[@SydPeppa]

I started investing last year and I pause just to check my investment. All these are facts !

[@SWilliams655]

Just be aware it’s not always like this year. There are some down years so just be ready to buy and hold!

[@lowlowseesee]

absolutely brilliant.

[@USMCMOM77]

Why not fully fund HSA after 401k match? TRIPLE tax advantage seems like next best option.

[@JayseabeeSTL]

If you have access to it, I agree, but a lot of people don’t have access to an HSA, so Roth IRA is the next clear choice.

[@markgordon6717]

I believe an HSA has tax advantages like a traditional IRA when used for retirement, not healthcare expenses. You get a tax break when you put the money in but then you have to pay income tax when you take it out. Also, if you need to take money out before 65, you have to pay a penalty. With a Roth IRA, you can take your contributions out without paying any penalty no matter what your age. Let me know if I'm wrong about the HSA withdrawals.

[@UltrAMArIn3prOph3cY]

Not everyone has access to HSA or the resources to front their yearly healthcare costs while still investing. You might be telling someone to invest their HSA money in the case they have a really high deductible and every penny they contribute goes to their yearly health spending. In that case the PPO might be a better option and they won't even have access to an HSA. Opening a Roth is definitely the next best step as it has some valuable tax advantages and most people have access. I would say definitely contribute to an HSA if you have additional reserves after a Roth contribution or match your employer contribution. But I'd still do Roth first.

[@Trix897]

@@markgordon6717you are absolutely right. However, since I can’t pass underwriting for a long term care policy, I’m saving my HSA for when I need long term care after I retire.

[@litapd311]

1. not everyone has access to an HSA or it might not make financial sense to get access to one with a worse insurance plan 2. HSA can only be used for medical expenses* *a pro-tip i saw online is that if you keep your medical receipts, you can reimburse yourself from your HSA years later for those expenses. so keep track!

[@JMH2022]

I thought the 4% rule lasting 30 years was based on a 100% equity portfolio? If you're in a target date fund (not bashing, tdf's are very sensible choices) you would be 50%, or less, in equity by retirement. So you would run out of money quicker?

[@mrmistmonster]

Minor point: we can't use the Roth Ira so after maxing out the HSA and 401K we invest in a traditional IRA with no initial tax benefit because at least it can grow tax free. I'm sure there's other shenanigans we can do but boy it seems like a lot of work at that point.

[@MLP12-z8r]

You can do a back door Roth IRA if you’re over the income limits. Your traditional IRA does not grow tax free. If you’re over the income limit for an initial tax benefit on the traditional IRA, you’re better off contributing to a brokerage account and can access your money at any time.

[@atdower]

Maxing a 401k/403b/ and part of a HSA. When are some tax strategies when it comes to RMDs? I am on track to have 11-12M in 401k/457b when retiring.

[@atdower]

457b not 403b. Auto correct on phone :(

[@warrengriffiths4248]

haha damn you guys have it good. Our inflation rate in South Africa is currently 11.25%. I mean I do invest quite a lot but I'm basically just keeping up with inflation.

[@kenthoover3573]

Would you put these videos on Spotify?

[@ramitsethi]

Why, should I?

[@kenthoover3573]

@ I listen at work and my office has bad cell reception. So I download via Spotify then listen. My guess is KZbin has better ad revenue, but doesn’t hurt to include Spotify

[@Rick-s5d]

The S&P 500 has not been in a 15 year bull market that started in 2009. There was a 3 month long bear market early 2020 and a 282 day long bear market ending late 2022. That means the S&P 500 is currently in a 2-year bull run. In my opinion, the real recency bias is that the S&P 500 has been to top performing stock asset class over the past decade. History tells us that this probably will not continue to be the case for very long. The next decade might be dominated by international stocks, small stocks, or value stocks. Does anyone know which class will be the winner and when? No. That is why you should consider owning more than just the S&P 500.

[@ramitsethi]

Great comment

[@DougYuen]

Great content as always! Am I missing something, or should the monthly Roth contribution be $583.33 instead? $583.34 x 12 = $7,000.08. If you contribute over the $7,000 limit, doesn't that risk having to deal with paperwork and/or penalties? It seems to me like it would be safer to just invest $0.01 less per month so you're under the limit.

[@alexandrasebastien7967]

Great video ❤

[@yaguang]

For those wondering 583. That's the IRA limit divided by 12 months.

[@patrickkelly1595]

When I bought your first book, maybe a year ago, I was dumbfounded that nobody talks about this stuff and I wish I had read that book right out of high school.

[@BigGame06]

Is there any difference between a robo advisor that lets you set a retirement date and a target date fund?

[@perotal]

Look at fees and what the fund actually invests in

[@Enrique-Garcia]

I think the "average household spend vs. household income" part was interpreted wrong; there is no mention of how many PEOPLE are in the "average household". Could be two parents and 2 kids, which skews the comparison then only 2 of those household members are making the income. We all know kids are expensive, so of course "the average household" is going to spend almost their entire income.

[@ohmy...9007]

How do you feel about rental properties?

[@ramitsethi]

They're fine if you want to own rental properties and you run the numbers. They're not for me, though

[@jeffritter9340]

I read I Will Teach You to Be Rich in the spring of 2010 as a 20-year-old Army Private. The lessons I learned from the book were pivotal in shaping my financial habits and mindset. Thanks to disciplined saving, smart investing, and the guidance I gained, I broke $1 million in net worth after the election rally. Thank you, Ramit, for sharing your knowledge and helping people like me achieve financial success!

[@ramitsethi]

Thrilled to hear it! Congratulations!

[@candleduck9339]

Would love seeing this click by click video done with other companies web sites as well

[@Steve-yd1ze]

Why on earth would you fund a 401k above the match before funding an HSA? Ramit even says the HSA is triple tax advantaged. Switch those rungs around and I’m onboard with the ladder at least. The investments segment can be debated but not bad for generic advice.

[@jonasking3670]

If you have a high deductible plan that includes it, then go ahead. Not everyone has that or they have health issues where having a high deductible plan would cost them the money that they would otherwise be investing.

[@MLP12-z8r]

The 401k gives you an initial tax benefit. Funds in an HSA can only be used for qualified health expenses. Maxing out a 401k should definitely be a priority for those in higher tax brackets. People in high tax brackets will still max out their HSA anyways, so it doesn’t really matter what order you do things when you’re reaching the top of the ladder.

[@sawan005]

Hi Ramit, i am 33 from India. You make awesome video always motivate to invest. I invest in Indian market i want to invest some of my extra money in U.S market could you please suggest which one is better. S&P 500 voo , nasdaq 100 etf, s&p 100 or anything else.

[@nicolepletan9680]

Excellent advice with perfect explanation in simple terms and illustrating investing with a live example, perfection! Nailed it Ramit! I wish I knew about you years ago I would have avoided costly mistakes with a financial advisor. Now we have a guy we pay an hourly rate who has been fantastic for all sorts of reasons for our specific situation (mainly tax efficiency) but I can’t emphasize enough Ramit’s suggestion to NOT pay the ridiculous amount charged by financial advisors. This video just explained how unnecessary it is!

[@shreehill9641]

Ramit, Would you put an entire 401k from a previous employer into one target date fund at vanguard? Or should it be split into different things? Balance is 500k…

[@DavidSmith-wq3wu]

Target Date funds are split into different things. US stocks/outside the US stocks/bonds. Pick the one that matches your risk tolerance (ignore the date in the name of the fund), and let it rip.

[@TonyCox1351]

I’d see no problems with putting into a target date fund, just make sure it’s a low-cost, passively managed version. Most brokerages have an active management and a passive management version, they perform pretty much the same, but one is much cheaper

[@coastergirl98]

What about S&P 500 index funds? Wouldn't they be better than a target date index fund?

[@ramitsethi]

An S&P 500 fund will likely be better in returns but won't rebalance for you, which is important as you get older. The average person doesn't think about this until they see their retirement funds drop 15% and then some of them freak out and sell everything, as happens every time we have a recession

[@baddboo]

👍love the content, see you in LA 2025👍

[@scnager1]

For the average investor, this is a good start! I do think an HSA comes before a ROTH IRA though. I see the HSA as a medical high yield savings account that pays you a guaranteed 12-22% return upon contribution, plus tax free growth. That to me blows a high yield savings account out of the water

[@DRZLLZRD]

Can you explain the how behind your statistics?

[@jonross1347]

@@DRZLLZRD The HSA comes before Roth IRA because of triple tax advantages - contributions are pre-tax (saving you 12-35% upfront depending on tax bracket and if through payroll), growth is tax-free, and withdrawals for medical expenses are tax-free. The Roth only gets double tax advantages (tax-free growth and withdrawals). Of course, you need a qualifying high-deductible health plan to even get an HSA.

[@scnager1]

@ You put in $4,000. Let's say you are in the 22% tax bracket, you get $880 in extra money because that would be what you would get for your tax deduction. Think of this as interest earned on your money. Now that $4,000 grows tax free at 5% per year. Now you are earning 27% on your money.

[@jetteharris9128]

I see the minimum investment is $1, but how much does the service itself cost?

[@AlexDYM331]

Ramit I know you probably ain’t gunna see this but if you do is it better for someone to take on debt and get a 90k mobile home or take on a 1k rent for an apartment.

[@mmathew84]

Great financial education video. Thanks! $583.34/month will be max roth contribution for the year....

[@fabianmurillo5472]

target date founds are hard to get in latin america, Im creating my own portfolio with 70% Sp500 10% bonos and 20% internationls market. As the years comes by, I will change the %.

[@shadowfox2120]

What's the alternative to a Roth IRA when a couple exceeds the income limits for contribution?

[@rajkiranmadishetty1556]

I approve this video

[@audreyoreilly4055]

Boy, I wish I heard this 20 years ago.

[@StephanieG.Augustus]

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

[@JasonB.Chisolm]

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

[@blktauna]

@@JasonB.Chisolm preferred etfs, corp debt dividend etfs.

[@IvanFedd]

How much would I need to invest per month to have 8 million in 8 years?

[@pg7899]

Only in USA what about in Europe ?

[@kartarsinghsohal6047]

First Comment

[@JasonOrtiz1991]

Fourth comment! 😎

[@jasminl8742]

Is it a good idea to just contribute more to my jobs retirement account instead of opening an IRA? For context I work in government and would like to stay in government through my career.

[@iMixMaSteR1]

I personally would never reccomend TDFs. The amount of money they put in reits, emerging markets, and bonds is way to large. That money is better spent either being 100% into Voo, VTI especially if you're young. Nobody under 60 should hold any bonds.

[@x5HighDesert]

I'm lucky, I have to contribute 17.5% of my paycheck to my company's 401k (mandatory) but they match 100% of the 17.5%

[@JohnHobitakis]

I may have hit the cross-over point this year woot

[@coya8coy]

Ah, I know “no one has pensions anymore,” but I assume you go pension -> Roth IRA -> (I don’t have an hsa) -> brokerage?

[@rhodanyarkoaofori6518]

How I wish these applied in my partnof the world 😢😭

[@user-oh2bl1gh2u]

Is the show coming back for another season? That would be awesome

[@biker_on_a_budget]

Why the $583 31:36

[@yaguang]

Ira limit / 12 month

[@angelao.beckford6052]

I have Principal

[@maternellecollection]

I don't understand, how can $2,000/month turn into over $1M in 22 years? I get the compound interest, and so you earn interest on your interest etc... but what is the calculation? I can't calculate the same result. I get nowhere near $1M even in 22 years.