My Annual Investment Routine

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Join me for a look into my family’s annual investing routine. From my personal success strategies to practical tips for maximizing investments, I’ll share it all, including a can’t-miss investment plan update for anyone approaching Baby Step 7.
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[@LivaHolst]

I’ve got $100k to invest. I want to build a nest egg for when I'm older. I want to know if it's a good idea to add all my savings into a long term ETF, set and forget Come back in 20-30 years, instead of 250-300 DCA every month. Which ETF would you recommend?

[@LarsBergstrom-uh2eu]

As they say, time IN the market is better than trying to time the market. I think you should seek advice from a CFA

[@tommychestnut5335]

Accurate asset allocation is crucial with an Experts guidance. I have 350k in equity, 100k cash earning 5.25 interest, 285k in 401k, 120k cash account, 80k in car assets ( paid off cars). My CFA helped me realign my portfolio to my risk tolerance and it boomed within a short period.

[@instinctively_awesome8283]

How do I reach out to a CFA, my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.

[@tommychestnut5335]

I've been working with "Kathleen Cheryl Constantz” for about 2 years now, and her performance has been consistently impressive. She’s known in her field, look her up.

[@Patriciacraig599]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@VanChuong-on2gh]

My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.

[@TheHockey1980]

What percent of the VFIAX?

[@brightpage1020]

Rachel! Call your next book: "Your Investment Routine"! Seriously. Even if we're just on envelope stuffing and downloading EveryDollar, we are making investments in ourselves and our futures just by listening to or reading your work & acting on what we learn. Thank you!!! 🎉❤🎉❤😅

[@quantarrow]

Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security.....

[@IshrakHossain-rt8is]

People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

[@bombasticlove76]

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

[@mohamedali-fj8xz]

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.

[@BigNate82]

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

[@faysdt414]

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

[@PauleAraiza]

I need a way to draw up a plan to set up for retirement while still earning passive income to meet my day to day need and also get charged lesser taxes even while in a higher tax bracket. i want to invest around $250K savings.

[@SEVILLAnnA]

Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a broker

[@Porcher-w2r]

Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My consultant helped me realign my portfolio to my risk tolerance and it boomed overtime.

[@DebbraMadrid]

pls how can I reach this expert, I need someone to help me manage my portfolio

[@Porcher-w2r]

Her name is *Jennifer Leigh Hickman* One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

[@Porcher-w2r]

*Jennifer Leigh Hickman* She's been able to gain some reputation with over a decade of experience, so it shouldn't be a hassle to find basic information on the web.

[@joshuawilliams6153]

One thing to clear up is that the Roth IRA income limit is based off of you AGI, It's possible to lower your taxable income to a level that allows you to use a Roth IRA

[@Werdna12345]

Ar that point might as well do a background toth

[@atsukitokunaga]

In light of the impending recession and the fact that inflation is still far higher than the Fed's 2% target, several of the most prominent market analysts have been expressing their views on how terrible they believe the next downturn will be and how far stocks may have to fall. I need advice on what investments to make because I'm attempting to create a portfolio for my children that will at least be $850k in value.

[@AlEx-hk1pf]

Consulting a CFA will help. But know that analysts are never 100% accurate. Some have been saying recession is coming since 2022!

[@YoungAllen-gb1fr]

Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Katrina Charles , and her helpful guides.

[@Roberts457]

Making money is all about investing in the right way most investment failures and losses usually happen when you invest without a proper guide.

[@GarciaMiller-ef3lj]

Wow I'm pleasantly surprised you mentioned Katrina Charles, That woman has been a blessing to me and my family.

[@Wilso492]

Please is there any way to reach her service, I work 3 jobs and have been trying to pay off my loan for a while now, please help me.

[@SamiCook-kl3js]

Katrina Charles , highly recommendable, having confirmed her excellent track record after meeting here at a seminar in London.

[@PhilipMorris3]

I'm delighted thanks for the info. I appreciate all her efforts. You're very informative and consistent as well thank you.

[@leedalton508]

She's doing the baby steps😂😂😂😂😂😂.... Dad a billionaire

[@jtw2190]

If you are a millionaire, billionaire or only have a few thousand to your name following the baby steps 1-7 is a great plan to follow for the rest of your life.

[@giantpune]

I always thought it was a bit odd her carrying on the Ramsey torch. Dad lived life and made mistakes and learned through years of experience. I think Rachel was setup to never want for anything financially. She's never been broke or had to work 3 jobs to claw her way out of debt because she made mistakes. Even when they all preach the same message, its harder to swallow coming from somebody who was on baby step 7 by the time she could drive.

[@yessicadelossantos6742]

She can afford that luxury hahaha.

[@stevedyke639]

Wow so they invest nearly $60k every January ( $22k for 401k and $7k for ROTH for each of them)

[@jingojingo1]

Can you teach us stealing like the government? Investing sounds boring stealing sounds exotic. 😊 asking for a friend

[@joeriveracomedy]

Rachel is the Jackie O of finances. Look at those duds.

[@giantpune]

Is a dud her eyes? Cause in this video, I couldn't help but notice one of her eyes looks forwards and the other one is crosseyed through the whole video.

[@jc4715]

There’s no way she makes a low enough salary to invest in a Roth

[@wake-upwednesdaypodcast]

The reason why i listen to the Ramseys is because that chain aint just an accessary... thats pure 24k gold round her neck

[@AdamWright8fool]

Your explanation is clear and practical. Nevertheless, the market can undergo manipulation in various ways. While I initially grasped trading crypto assets, my technical analysis skills were a limiting factor. This changed when I came across Leah Foster Alderman's strategy. Day trading deserves increased attention, given its resilience to the market's unpredictable nature.

[@jamesflick9850]

Dave has a great strategy for helping people get out of debt! But his one size fits all investment approach is terrible. Just because he has money he will never spend doesn’t mean everyone should invest that way. A person with limited resources, like most people, need to look at their time horizon and risk tolerance.

[@Craig121000]

I avoid investing, and I still beat inflation.

[@MihailZac0444_...]

The crypto market has been unfavourable for months and I keep losing my money selling-off during dips, I'm very scared of holding right now,how do you guys still make so much….?

[@sheldonmcpherson2712]

VENTURING into the trading world without the help of a professional’s, trading and expecting profit is like turning water into wine you would need a miracle...

[@MonicaFrancis-cm8yj]

@@sheldonmcpherson2712 I keep hearing this without prove or nothing

[@MonicaFrancis-cm8yj]

@@sheldonmcpherson2712 are you also into forest trading

[@MonicaFrancis-cm8yj]

Same here my friend i have been facing alot of loses on this

[@sheldonmcpherson2712]

@@MonicaFrancis-cm8yj yes i am with great assistance from Andra

[@freedomisEexpensive-08]

Same thing is playing out now, the stock market is currently filled with both overvaluation due to rapid gains and strong economic fundamentals justifying high valuations. Raises concern for my $600,000 portfolio going 8% up and 20% down. So is it better to hold on or sell off positions to hold cash?

[@MrGravity304]

Markets have incorrectly priced in such a pivot six times over the last two years. This is why pointers from market experts are essential.

[@MiddleclassAmerican-7220]

Investing Is more than reading quarterly reports. Learnt this from reading Peter Lynch's book. I believe there are people who do this for a living, and I just delegate the task to these professionals. That's how I make money from the market to be honest.

[@NotyourBusiness-urto6]

I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?

[@MiddleclassAmerican-7220]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Elise Robinson’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@GREGG-43]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@roddywoods8130]

Just sold a property in Texas and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

[@kaylawood9053]

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

[@hushbash2989]

true, despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately 950k that same year. In reality, all I was doing was getting professional advice.

[@bsetdays6784]

That's a great tip. I'm setting out 50k to invest in the market this year. Any particularly useful tips you could offer to me?

[@hushbash2989]

I'd say a little due diligence on “Lauren Marie Ehlers” truly exceptional..

[@selenajack2036]

I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff.

[@marywils8118]

*Wow😁, it's crazy how some people can become multimillionaires by investing just $10K in trading within a few months, while others have to work for 40 years to reach $1M in retirement savings. The power of smart investing, right?*

[@JohnMichael007]

That's awesome!!! I know nothing about investment and l'm keen on getting started. What are your strategies?

[@JeffreyAlice]

As a beginner, it's essential for you to have a guide. Myself I'm guided by Mrs Victoria K Walter, a widely known consultant

[@LiamPextra]

If you are using really a good broker or account manager is easier to earn from the market

[@stepheniemattews1818]

That's true. a lot of people today have been having a ton of disappointments in forex and crypto trading in light of helpless direction and awful specialists

[@PhillipeMattews]

I've been trying to trade but I keep making losses and it's frustrating

[@AdamLevine759]

Don't be discouraged if you can "only" invest $100 per month. Over the course of decades, it can compound into significant wealth. The key is to keep going!

[@mwaqas731]

Should we pay our debut including house mortgage first then later contribute to 401 k and Roth please can you suggest .

[@jtw2190]

@@mwaqas731 You should pay off all your consumer debt, including student loans and car loans first, next save 3-6 months of expenses and then contribute 15% of your gross pay to your 401(k), Roth IRA and then IRAs. You should not wait until you pay off your mortgage before starting to save 15% toward retirement.

[@autologic3163]

Love everything about this video, but I do have a question. I haven’t really heard of anyone saving up all year and then funding their retirements immediately at the beginning of the year. Why wouldn’t you just dollar cost average over the course of the entire year?unless you are simply saying that because at the beginning of each new year, your accounts are already fully funded and you can’t add anymore to them and you have no other option to save throughout the rest of the year for the very beginning of the new year? I would just like some clarification on that.

[@mlgneo2855]

It’s not timing the market, it’s “time in the market”. Earlier, better.

[@mehawinct]

I noticed that too. I can't understand why someone would save up -- likely in a low-yielding vehicle -- to Lump Sum. If that's what she's really meaning, it's actually rather terrible practice/advice...

[@mehawinct]

@@mlgneo2855 Yeah, exactly, that's you DCA in as you earn the money... I'm not sure you understand what she said (or how "time in the market" actually works).

[@pnwflipper2089]

Please make the music stop!!!

[@megcarey2007]

I didn’t mind it til I read this comment 😂

[@stevedyke639]

It needs to be a little quieter

[@GabrielllaMainzaly]

Thank you for bringing up this video. I appreciate you for the time being spent to educate us financially. The problem with inflation coming down if people will continue to spend and consume no matter what. Instead of cutting out spending to help decrease inflation, they will just complain about prices while continuing to spending. I'm worried that rising inflation will cause my 401k in my retirement funds to lose value, But with the help of Clara Brandon I hit 75k this week from my investment of 11k, I am truly grateful for all the knowledge and nuggets you have given me over the past few months.

[@jenniferluck]

Recession are unavailable part of the economic cycle, all you can do is prepared for them and plan accordingly

[@GeoginaFeliz]

But I think it really depends on your lifestyle and expenses during retirement. With proper planning and budgeting, you might not need as much as you think.

[@SelinaRobert-bo8rq]

That's true. I've been looking into different retirement strategies, and it seems like there are ways to make the most of your savings and investments without necessarily hitting that million-dollar mark.

[@Williams-n4l]

This sounds so good and I would like to be part of this, is there any way I can reach her.?

[@GabrielllaMainzaly]

She's mostly on Telegrams,with the user name

[@mhodge0890]

Idk how you guys do a 401k, Roth and also brokerage or High yield. I can only do 2 out of the 3

[@jtw2190]

Every situation is different and you should focus on what you can do and not what everyone else is doing. Dave preaches giving every dollar a purpose, so if you can only do 2 out of the 3 then by all means keep doing 2 out of the 3.

[@tamarasnook]

Sounds like you might not be dollar cost averaging with annual contributions. You might want to look into that and see if that might make sense for you.

[@dianaanderson190]

I need a Canadian version! Rrsp, pension, tfsa… it’s all similar but different!

[@laundrygoddess4]

The 401k is our rrsp. The roth Ira is our TFSA. The brokerage account is our non registered account. The 539 is our resp

[@highpeaks3598]

The music is too loud.

[@Money-Fast-Plan-a]

"Life is not about finding yourself. Life is about creating yourself." ---Lolly Daskal

[@adrianhummel83]

She’s reading a script.

[@chadbailey7038]

lol. That’s how most show hosts do it.

[@adrianhummel83]

@@chadbailey7038 I don’t disagree with that but they have tools and technology to not make it so obvious.

[@SuzanneMace17]

I really appreciate the dedication in each video you post. Building a steady income is quite difficult for newbies. Thanks to Elizabeth Wesley for improving my portfolio. keep up with the good videos.

[@AndreaAdams-mk5jy]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been superb

[@ErinMcBain321]

I paid off my $829k 2.625% 15 years loan in 25 months. Started in October 2020 last payment was November 2022. Now totally debt free with 3 paid off rentals. Love having no debt for the last 1.5 years. Thank you Elizabeth Wesley

[@RaymondCooper21]

You trade with Elizabeth Wesley too? Wow that woman has been a blessing to me and my family.

[@GaryBingman]

I'm new at this, please how can I reach her?

[@VeronicaUnderwood-g7f]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@livingunashamed4869]

Yep maxing everything out beginning of year gets you that extra growth.

[@brianhall2525]

I think Rachel has to be doing a backdoor Roth, no way income limit is below the threshold for a normal Roth.

[@kathleenr8839]

There are ways around that… I’m sure they’re utilizing all of them. That’s my initial thought too every time I hear the next-gen “relatable” Ramsey crew talk about their finances. They’ve got so much enterprise through each personality it’s gotta be more income for them, but also way more tax breaks and strategies too.

[@chaselesser3191]

Lol, I thought the same thing, like wait a minute you have to have an income less than $146k and a portion until $161k. Dave might pay her somewhere in those limits but with her endeavors she is likely way past that. Her own show/books/ sponsors. But that could be tied into a LLC/Corporation. And filed separately. But I don’t know how that part works.

[@matthewluong9447]

Since your contributing to a Roth IRA, I'm assuming you and your husband are making $240,000 or less (joint filing), unless you're doing backdoor Roth IRA.

[@chelseafailla9887]

She says at the end they utilize the backdoor IRA

[@r.r.2851]

Nothing new here! Just repetition from thousands of other people saying exactly the same.

[@xs-xb4ih]

what does rachel need to invest for 🙏🏼😭 she’s going to inherit BILLIONS when dave is gone

[@jan-louiscosme2164]

Her kids and grandkids if she has them

[@robyn_southafrica]

Regardless, generational wealth for the future heirs

[@robyn_southafrica]

Regardless, generational wealth for the future heirs

[@tempuslogan3493]

And that is why you won’t build generational wealth

[@Steve-sp7qu]

That’s pretty hard to just have like $15k+ ready to go every January

[@ran-z5b]

It's not hard. Just have your dad be a billionaire.

[@kimmieshimmie]

If it were a visual video I could understand the music but most finance videos including this one are not and it is much easier to listen to without music.

[@karensimioni1416]

Some times you have to hear it 1000 times for it to sink in

[@Joenzinator]

The best investment routine is to have a % come out of your paycheck for retirement. My wife and I max our 401(k)s because we have a ROTH option, and we max an HSA. Then once our emergency fund is full and our checking account has ~$20k in it, If we have a vacation, car purchase, or other large purchase coming up, we will move money into an account for that purchase. Once that account is funded, we fund our kids' 529s , and everything else in an after-tax brokerage account.

[@Tonioeltorobjj]

Hey Rachel so it’s ok to throw all your money in your Roth IRA at once?

[@mehawinct]

I'm assuming you're being sarcastic here..

[@Tonioeltorobjj]

@@mehawinct not at all, a ton of people say to dollar cost average. But I’ve also heard people say they throw in lump sums

[@GOATED1973]

i’ve got all my nest eggs egg in tesla stock.

[@Stil1_loading]

This video is kinda pointless for her to do but it is great that despite her being the heir to a huge inheritance she still building her own. Teaches future generations to preserve

[@brentr8649]

Backdoor Roth IRA

[@dannielleemarie]

This is nice. Its necessary to have an investment routine. Though I've been having some issues recently. I started working at 18, strived and grew my portfolio to $600k by 33. I recently, lost over 30% and decided to mitigate the risks cause I'm planning on buying a home soon and want my portfolio to grow to a 7-figure ball park so I can retire in 9 years. What should I do?

[@Blitcliffe]

JEPI and JEPQ Inclusion is smart for retirement. When it comes to staying committed to low-risk investments, it's all about balancing your risk tolerance with your long-term goals.

[@Trancredi-nx1]

@@Blitcliffe I believe a healthy portfolio has 3 things, at the bare minimum: Its Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks and Exposure to market-leading tech. These are really important for a growing and healthy portfolio

[@gwendymolly5953]

@@Trancredi-nx1 Generally, I think a good number of people discredit the effectiveness of a certified fiduciary in planning for retirement, For the past 10years, I’ve had a CFA consistently restructure and diversify my portfolio/expenses and I’ve made over $3m in gains. It might not be a lot but then retirement doesn’t seem so farfetched anymore.

[@jtcouch45t]

@@gwendymolly5953 Your CFA must be really good. Please how can I get in touch? My retirement portfolio's decline is a concern, and I could really use some guidance.

[@gwendymolly5953]

@@jtcouch45t There are a handful of experts in the field and I've experimented with a few over the past years, but I've stuck with ‘’Amber Kay wright” for about five years now, and her performance has been consistently impressive. She’s well known in her field, you should look her up

[@jag4790]

I only make $28,000 a year. What investments do i invest in?

[@GreenBeats11]

Assuming you don't have any debt and have an emergency fund, you should first put as much as possible into your Roth IRA since your effective tax rate is so low. Invest into index funds.

[@librisc]

roth ira

[@Isaac-wq9eu]

Isn’t it advantageous to contribute to the Roth IRA on a weekly basis? So that you take advantage of the fluctuations in the market also. Really interested in knowing what you think, because that’s the way we do it.. Thanks for sharing!

[@nae4830]

Yes. It’s called dollar cost averaging. Good luck!

[@brendanjones4712]

That's not technically true. Since the market usually goes up lump sum investing beats dollar cost averaging about 2/3rds of the time. However, it's better to invest slowly then not at all and the difference is marginal. So do what makes you comfortable and what you can do consistently. For me that is often dollar cost averaging (investing slowly over time).

[@Isaac-wq9eu]

@@brendanjones4712 thank you for the advice!

[@tcgtpl]

If it was possible to invest fractions of a penny at a time, I’d dollar cost average by the minute. 😂

[@jdbeasley5]

watch out for the internets!!

[@Gjproductions7]

I thought the rule is roth beat traditional

[@youngblood23rb]

I am still struggling with the ROTH vs. Traditional, We sure could use the tax deductions of a Trad now vs. Pre paying taxes on the inheritance that will be passed on

[@thedopplereffect00]

Depends on your current vs future tax bracket

[@Werdna12345]

Does timeless clothing count as investing? 😉

[@crunkmonkiee]

If that means buying and wearing clothes for 10+ years, then yes. I have a button up that is 20+years old 😅

[@tamarasnook]

No, because what if you gain weight lol

[@pilkers745]

step 1 - have billionaire dad

[@BoboGumdrop]

He's most likely not a billionaire yet and was also bankrupt during Rachel's childhood. All of them admit that 😂

[@alexpietsch7997]

Step 2. Build enough wealth that Dave's money doesn't matter for your household

[@liesejunh]

Ya her dad is wealthy. But what they teach works. And without the principals that they teach any amount of money will run out. I don’t think Rachel being with wealthy parents discount anything that she says.

[@bryan_witha_whyy]

Yup. Easy, right? 😂

[@MatthewFling]

She says that both her and her husband max out their Roth IRS. For 2024, a married couple filing jointly can make up to $228,000 in modified adjusted gross income (MAGI) to contribute the maximum amount to a Roth IRA. If their MAGI is between $228,000 and $243,000, they can contribute a reduced amount. If their MAGI is $243,000 or more, they cannot contribute to a Roth IRA. I’m wondering how they are doing this because I doubt they make under 243k

[@Hass95]

How do most of you guys still make profit? Even with the downturn of the economy and ever increasing life standards

[@ViktoriaJohanson]

Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency and stocks, through the assistance of my discretionary fund manager

[@ViktoriaJohanson]

Hattie Glover

[@Hass95]

Please educate me. I've come across this name before. Now I am interested. How can I reach her?

[@MPK237]

This is correct, Hattie's strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started..

[@LJ9089-r8w]

Crypto is the best future where people makes money and generate good returns.