The Realistic Investor's Road To $1,000,000

[@KarsonGaule]

Hope you all like the video, and have a great rest of your day :)

[@seriousone8229]

You're doing great with your videos. This one is right on point because I did it right down to the rental property. Best of luck to you for actually telling people the truth.

[@palakondarayuduuppu6420]

Is WeBull affiliate programme available for Non-UK people? I am from India. Can you please answer that Miss Karson?

[@francelinodasilva8711]

I studied and started investing about a year ago and it is amazing to see that I am doing exact same steps you mentioned on this video, even on the house buying thing 🙂 I am really proud of myself to see that I understood everything so well and I am on the right way. Congrats and hope you keep going and can help a lot of people with your great, if not some of the best advices we can find on KZbin.

[@KarsonGaule]

That’s amazing to hear! Thank you!

[@shumatsuopost]

Interesting video! It's great to see someone approach investing with a realistic mindset and focus on the long-term rather than just trying to get rich quick. It's important for investors to have a solid understanding of the market and make informed decisions, and this video provides some valuable insights.

[@KarsonGaule]

Appreciate it!

[@felipehernandez2418]

As good advice as you can get. Unfortunately its advice most people would set aside because people don’t want to be rich. They want to be YOUNG and rich. Thats how you can swindle young people with promises of riches in short periods of time.

[@summerbreeze5115]

No heaven without dying

[@MyZ001]

Even worse, they wanna be rich in the next year or two. Thats what all these "rich" content creators are telling them they did. So, they think it's possible (i mean it is), and if they just follow "their advice" then they'll do it too (they won't, but they did buy the course though)

[@martinrbookermb]

Tip: If the market goes down when you are DCA try and buy more shares if you are buying ETF's like the S&P500 than you usually would. People buy more when the sale is over and on the way up FOMO kicks in and you buy more at a higher price? Don't worry about the short tearm noise if you are investing long term. Grate video.

[@KarsonGaule]

Thanks Martin!

[@ankurhaldar8836]

One of the most practical financial advice videos I have heard recently. Definitely needed this after that Tiktok one

[@Hi-Me]

I subscribed because your the only one not trynna scan thier viewers. never change

[@KarsonGaule]

Good to hear lol

[@IndiesVSHeroes]

You are my new favorite financial advice KZbinr. I Just listened too one of your other videos where you discussed terrible past advice from finance KZbinrs like graham and a few others and I was laughing. I appreciated your realness because it’s true and I agree with you. Anyways, subscribed. Your awesome Keep it up:)

[@AR-qy4dd]

What definetely needs to be accounted for within the house buying costs are the costs of repairs and restructuring. Normally after 15years but most definetely after 30 years you would need to make an investment into those. And depending on the state of your home it can go into tens of thousands.

[@robotlegs6695]

The Wheel Strategy. You're welcome.

[@tylerswann4101]

Love your videos. Very pragmatic and realistic investing advice. Hope to see more videos in the future!

[@KarsonGaule]

Thanks Tyler!

[@nichen6966]

Such a refreshing change from the Nauseating “millions” of “overnight millionaires’s” “Smart advice” to become a millionaire overnight.

[@donaldlyons17]

Ok so the assumptions are 50K: 24 an hour 25% invested or $750 7% rate of return (not even going to ask about taxes or any fees)

[@michaelandujar8109]

The 7% is including at the very least including the taxes. If you want dome real returns get TECL all done look it up. I'm averaging over 100% for the last 5 years.

[@rockyrock2874]

There are traders who are really good at trading and the successful ones are not on KZbin because they don’t need it to make money. The people who say day trading is not gonna make you money do not know how to trade.

[@RavenRuled]

Its true. An average person even can get to a million just by putting in a couple hundred a month and reinvesting the profits over time. I knew credit was bad and not to buy things on layway when I was broke but still made a ton of mistakes chasing a million when just going slow and riding the highs and lows and not panicking would have got me there much faster. Takes awhile but better that having to put a ton of money in later in life but even in your 40s and 50s there is a chance. It is never to late.

[@allentham5497]

Great video! It would be informative to see how the total amount invested and the compounded returns to reach 1 million.

[@EmilyGloeggler7984]

Unfortunately, I make less than 30k a year and we are still in worsening medical debt.

[@neilwadden1749]

What’s worked for me is Ray Dalio’s all weather portfolio. Also starting off, never put more than 7% into one asset class until you level up to options.

[@vovboss]

Hey, I like your content, I'm still new in the world of investment, as in English too, because I'm Brazilian 😄

[@KarsonGaule]

Thanks! Glad you like it!

[@animaldonut]

Boa Sorte! Espero que tudo vai bem com você!! How do you invest from Brasil? Are there phone apps and brokerage firms like we have in the US? Which ones are best?

[@DanielBotelho-ok8df]

Average 50k a year, Me and the 16k average salary in my country: Guess I'll be going then

[@eazyez5717]

Yeah, but that salary i suppose is covered by the healthcare. So you don't have to exhibit you're credit card/insurance papers if you're bleeding on the road.

[@invertedv12powerhouse77]

i went hard on buying canadian stocks all year after barely recovering my losses from being a noob. i kept dollar cost averaging on a slight down this year and i started the year at -3 % (i was at -30% the year before but account was small). the stocks finally started going up again, and i actually reach 13% from 12 months ago. feels good.

[@faezmohtar947]

New subscriber here. Very good and practical advise. Thanks

[@qazaqbiz]

wtf in this world that you need at least 30 years just to get your own house?

[@miut7995]

Rental property is not passive

[@Talzoid]

1. I earn at MAX $5,000 a year with 4 kids 2 being adults a teenager and a 1 year old. Never had luck with traditional jobs. Don't want to sound mean but crunch that and see if it's viable.

[@rubrub5264]

Wah wah wah 😭

[@livingworkingoutsidebox]

3:49 Are you working on improving your skillsets and mindset? That's the great thing about living today. One can use the internet and things like KZbin University to improve their abilities and put themselves on the path of earning more. Good luck 👍

[@taylorburton9549]

Thanks Karson, very sensible advice. I appreciate it.

[@Andrew-vx9qm]

7.077% Avg return is not realistic as it doesn’t count taxes on dividends that you have to reinvest. Real return after 15% tax for VOO dividends is 5.something

[@scarpfish]

Doesn't apply if its in a Roth IRA.

[@alanbarnes4991]

I yolo'd 2k on Doge right before Elon's SNL appearance.... that did NOT make me a millionaire :)

[@KarsonGaule]

Lol happens to the best of us

[@joeygaule-np1jv]

Thanks for the practical advice!

[@KarsonGaule]

You’re welcome!

[@Chris-qb6lb]

~4:00: it's definitely mentally exhausting for people to have to weight the benefits of improving their credit profile against the risks of housing prices continuing to rise disproportionately against their income. ~8:00: Go-go gadget rent-seeking-behavior. Although it's sad that even if you sold the house, there's a good chance that somebody else would snap it up and do the same, both outcomes minutely contributing to the previous situation.

[@talesthesalesman3106]

Karson, you're suuuuper pretty! Thank you for the video! ✨

[@KarsonGaule]

Haha thanks!

[@CurieBohr]

Subscribed. This is great content.

[@madelynmiles1506]

y! righ, I have 4 degree and I still only make 15,000!

[@StormyDoesVR]

I've never heard of the 4% rule, but omigoodness I didn't realize just how smart that is. Earning 7% ROI a year means even if you take 40K out of 1 million dollars, you're earning more than that back every year so you have plenty to live on while still making money just by letting that investment sit in the market! No way!

[@albinosaschoopasquatch4455]

And then it can keep making money after you die and you can have it in your child's name

[@feliciag6800]

Great contents and super editing!

[@KarsonGaule]

Thank you!

[@riverbig4279]

You will make it a lot sooner than you think. Or maybe you already know that 🤔. Enjoyed the video

[@KarsonGaule]

Haha one can hope, thank you!

[@riverbig4279]

@@KarsonGaule if you don't it will not be for lack of trying. Ha

[@Rustedhubcap]

Your videos have been incredible ms. Karen, i am a graduation college music composer/recording engineer who has no idea how to manage my money. Ill be moving, looking for work as a production freelancer, and starting my first “real” non parttime job at the end of the year. I would love to see some more videos geared towards freelancers having to manage their personal and freelance business finances. I will definitely be returning to your channel often! Thank you!

[@donaldlyons17]

Also why talk about buying a house rather than trying to talk them into buying a job? Since the job that pays more allows for more money in the end assuming cost don't outpace income....

[@peter17708]

Awesome!!

[@Gluosnis9]

A million is not that much, today having a million is like having 56k 100 years ago.

[@lovelycutielover8049]

yep, that's true dear

[@KarsonGaule]

👍

[@starwarsnaomi]

I was debating rather or not to click bc your thumbnail didn't show any flames. What about saving for a emergency fund and who invested in NFT biggest scam

[@dannyg9047]

You da best!

[@KarsonGaule]

Thank you!

[@vvgame]

My two cents .. , start healthy habits after 30.. get a life insurance

[@KarsonGaule]

👍

[@qazaqbiz]

Disagree with credit score, also 50$k salary is for US only, all around the world salary are very low. Do you have video about being millionare by living in third world country?

[@qutielove2208]

Absolutely loved this video! ❤️ thank you!

[@curtisdavis8594]

😂... Yes ..the 40% rely on SS Admin checks. Thank You!

[@jasonluckett9187]

Great video your are the best

[@KarsonGaule]

Thanks Jason!

[@poohshmoo9892]

DCA just does not work ... looking at my 401k in which I contribute bi-weekly for the last 15 years , never took money out .. so far grew to $90k ... far away from the $1Mil .... with a bit of risk of trading and timing the market I turned $40k into $1Mil in my IRA account where I DO NOT DCA but just trade ... i.e. DCA DOES NOT makes you millionaire even by a long shot ( unless you are VERY lucky with your investments )

[@StormyDoesVR]

what... how is Webull just giving away stocks like that

[@lisagayhart2482]

It is $1 slices . It is like loss leaders in the grocery store. They get you in. Robinhood does the same . I like Robinhood better .

[@pablitos4343]

Assuming you don't pay any taxes and national insurance on your 50k annual income I guess? Anyway, I like your videos, usually very spot on.

[@curtisdavis8594]

Many 💎 s..."Sharpen Axe" "Spend 4 hours sharpening to cut a tree down in 6th hour"... 💎 💎 Thanks

[@Kk-iw4ck]

Great video keep it up!

[@KarsonGaule]

Thanks!

[@chriskabanda2167]

There a many millionaire and billionaire traders. Do research.

[@nicstevens6499]

Hahahahahaha... nice try... what % of your viewers can save 25%!!!! of their 50K income... Are you kidding me??? A gallon of milk costs $5... eggs cost $3... gas cost $4... what are you talking about??? If you're only making 50K a year.. saving anything for retirement is going to be a nightmare.... yeeeeeesh... these youtube financial people are full of crap

[@TrackVibesJA]

Honestly, perosns can get lucky with some stocks but longterm investmests coupled with side hustles is the way. I tried the get rich quick schemes and that tirnwd out really bad. Slow and steady wins the race.

[@roncreach753]

Very good explanation on market timing.

[@AlexC595]

Savings accounts are for emergency funds.

[@cfv1982]

Do you invest in index funds? What do you think about robo advisors?

[@alearninglife]

Who is your editor?!

[@ezekielphiri2607]

You forgot about our beloved government that need you to pay up your taxes on any form of income😂

[@jeffmiller1140]

Well done, Karson!

[@KarsonGaule]

Thanks Jeff!

[@Dahench]

👍

[@diazuknown7676]

She yaks bout influencers and she out here tryna make y’all die the same shit lmaoooo

[@poohshmoo9892]

OF tilted the game for girls to become millionaires

[@suzannebond6424]

Are you Australian?

[@KarsonGaule]

American, husband is English though so it rubs off a bit in me

[@MyZ001]

@@KarsonGaule Yea, I kept hearing you sound like a Brit sometimes. So, I thought you were a Brit faking an american accent 😆

[@HasanRifino]

🌷🚶❤

[@Blackfeet]

And then when we all game the system the government and big corp will just move the goal post and increase the cost of living to match that of the economy/average income. In 30 years a block of cheese will cost £5000. 😭🧀