Is 60% Too Much To Be Investing?

[@BradleyMaurice226]

You have some fantastic content on your channel. At 53 years old, my husband and I achieved a net worth of $1 million back in 2017. Fast forward five years, and it has grown to $2.4 million. Despite our combined annual salary of just over $100,000, we have adopted a frugal lifestyle. We continue to drive older cars, prepare meals at home, and make use of leftovers. Additionally, we have two children currently in college. Fortunately, we had saved for their college expenses, and they are contributing by working part-time. As a result, they will graduate without any student debt.

[@JeffWilliamfick]

Right there with you. I'm retiring early, no debt. Kids are taken care of. Building my dream home on 11 acres, looking over the river valley. there are loads of ways to make a killing right now, but such high-volume near impeccable tradess can only be carried out by real-time experts.

[@EdwinBoettcher]

That right, I started investing sometime in 2018 and by late 2021, I pulled out a profit of over $750,000 with no prior investing knowledge or skill, I was basically just following the guidelines set by my financial advisor, so you don't necessarily need to be a perfect investor or do the hard works, just have a professional who guides & mentors you.

[@KimberlyFlores-kr1bz]

Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.

[@EdwinBoettcher]

We must consider safer investments with promising returns in order to plan for the future. If you approach investing with a five-year perspective and simply DCA whenever you receive a check. Under the direction of my investment advisor, Becky Lou Gordon, whose expertise in portfolio diversification is unsurpassed and client-focused, my portfolio has gained almost $643k since January 2024.

[@KimberlyFlores-kr1bz]

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

[@philipfletch]

Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

[@RoseGuerra7862]

Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.

[@martinheaway]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to over $750k.

[@JaneClark7861]

Mind if I ask you to recommend this particular coach you using their service?

[@martinheaway]

My CFA ’Amy Desiree Irish’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@JaneClark7861]

Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

[@mhodge0890]

It’s never too much too invest. Invest as much as possible

[@ItsmeCote]

Indeed as long as you can also pay your monthly bills

[@commonenglishmistakes4360]

@@ItsmeCote and also have some fun. You need a balance between enjoying now and enjoying later when you have no debt outside the mortgage.

[@Psideways02]

buying a house is an investment. And everyone needs a place to live. Might as well knock out two birds with one stone!

[@dog7881]

@@commonenglishmistakes4360For some people investing is fun

[@hustlasstory7611]

​@@Psideways02 not really. Who buys a house to sell it to?

[@gingerkilkus]

Sometimes 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.

[@Franklin-gq4si]

Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving

[@CharlesArthur-fq5sx]

Many overlook that banks are return-driven businesses. I don't trust keeping a large sum in a bank. Instead, I invest with guidance, enjoy the benefits, and save for retirement.

[@williamDonaldson432]

After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.

[@foreverlaura-fq4eu]

@@williamDonaldson432 Market behaviour can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?

[@williamDonaldson432]

Annette Marie Holt can't divulge much.. Most likely, the internet should have her basic info, you can research if you like.

[@Colbe-lx7fb]

I was chatting with a friend the other day, and he mentioned that he’s putting 80% of his income into investments. He is single

[@Robby767]

What a big chunk. I mean, it’s great to want your money to grow, but at this stage, it’s important to keep some flexibility too. You don’t want to risk everything on investments when you might need more accessible cash

[@Annie2229]

Exactly. Investing is important, but it’s really about balance. There are some things that advisors know to look out for, especially if they’ve worked with high-profile clients who have a lot at stake. That’s where someone like JOSEPH NICK CAHILL comes in. He’s experienced with celebrities and even billion-dollar business owners, so he really understands the stakes of big investments

[@louisahernandez]

Joseph Nick Cahill? I’ve heard his name before. Isn’t he known for finding that perfect middle ground for his clients-growing wealth without compromising security? It seems like that’s the kind of expertise someone putting 60% into investments would need

[@Colbe-lx7fb]

Yes, exactly. And he’s not just about maximizing returns; he works with people generally to help them feel secure, whether they’re a business mogul or someone just wanting to make the most of what they have. It’s reassuring to know he’s not going to encourage risky moves that could jeopardize our savings

[@roseyfischer]

I like that he takes each person’s situation into account. Investing 60% might work for some, but not everyone. Having someone like him look at your goals, lifestyle, and even how much access to cash you might need could make all the difference

[@NicholasBall130]

I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income

[@cowell621]

Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional

[@JamesLongman-v5r]

I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!

[@TylerJamestown]

I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help.

[@JamesLongman-v5r]

Rebecca Nassar Dunne maintains an online presence that can be easily found through a simple search of her name on the internet.

[@crystalcassandra5597]

I just checked her out on google and I have sent her an email. I hope she gets back to me soon.

[@michaelwiebeck3]

Rule 8 indicates you don't need a high IQ to be a good investor, just 2 qualities, self discipline and a lot of patience. Investing is mostly about behavioral psychology. How can I generate more income to retire with at least $3m for long term care?

[@Rachadrian]

We share common goal, making sure you are ready for your later years is very important. That's why passive investing works, low costs, better diversification and it enables people to overcome their behavioural bias especially if they engage professional help.

[@Olsontim21]

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.

[@derrickholfman2]

@@Olsontim21 I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help

[@Olsontim21]

Annette Christine Conte is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@derrickholfman2]

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

[@NicolePangea]

80% stocks 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a 6-figure stock/bond portfolio for substantial gains at minimum risk of inflation.

[@ritaakaraz]

I believe that diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's also critical to look for expert advice.

[@Wood-Je]

Certain Mag 7 companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.

[@floxydorathy6611]

I fired mine 12 yrs ago. now I am beginning to see the benefits, how do I get one? Considering your point I won’t want to get into a bubble. Can you recommend any?

[@ZednanElle]

Sure, the likes of the popular "victoria louisa saylor" does a good job. Just look up the name, you’d find details on the web to set up an appointment as she offers free consultations for Veterans like yourself.

[@floxydorathy6611]

Thank you for sharing, I must say, Victoria appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call

[@annaj.osorio]

I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement, I'm 55.

[@JulieConway-l4k]

Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

[@ClaudiaSchreiber-b1p]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.

[@DanielOrstein]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation

[@ClaudiaSchreiber-b1p]

Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

[@Robbertskypes]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@robertmilik3781]

Just what I needed to watch. My wife and I are directors of our farm business and own property, plus small pensions. I am nearly 55, my wife is 52. We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate you go LIVE and talk about how to earn passive income online and retire comfortably, let’s say $1M.

[@AbrahamRenninger]

Consider Increasing your exposure to interest rate-sensitive sectors like REITs and utilities, and maintaining or slightly increasing holdings in growth sectors like technology and consumer discretionary. For tailored advice, consider consulting a financial advisor.

[@RupertOakeson]

Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1 million in returns on investments.

[@chrisjordan8882]

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?

[@RupertOakeson]

'Sonya Lee Mitchell’, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@CordeliaBurkett]

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.

[@JoshuaKerr-m4u]

I've been working hard to save money and contribute to early retirement and financial independence, but the economy has destroyed the majority of my portfolio since the pandemic. I want to know if I should continue to make contributions to my portfolio in these erratic markets or if I should look into other industries.

[@Bridget-l7p]

Avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

[@DavidLucas-so8rr]

Often people underestimate the value of counseling until their own emotions become overwhelming. A few summers ago, after a long divorce, I needed a huge push to keep my business going. I searched for licensed advisors and discovered one with the greatest qualifications. Despite inflation, she has helped increase my reserve from $275k to $750k.

[@Bako-b8j]

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?

[@DavidLucas-so8rr]

"Laurelyn Gross Pohlmeier," 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.

[@DesireeJames-q1z]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@PASCALDAB]

I sold most my positions during the dip at a loss and now those stocks are doing well. Most of my holdings are in cash of about $300k now. How do I stay invested and think long-term to help me ride out the market’s ups and downs.

[@SeanTalkoff]

A long-term approach can definitely help with navigating market volatility. Set Clear Goals, Focus on Quality Investments,Stay Patient and Avoid Emotional Reactions, and Work with a Financial Advisor

[@viviancarolgioao]

After selling at a loss during the dip, I was hesitant to reinvest my $600K. My financial advisor created a long-term strategy, focusing on diversification and dollar-cost averaging. In just 18 months, my portfolio grew to $850K. Their guidance has been invaluable in helping me stay steady and think long-term through market changes.

[@Tonyrobs2]

@@viviancarolgioao I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help

[@DonaldStokes-p]

@@viviancarolgioao That's amazing! Could you share how I might get in touch with your advisor? I’d love to learn more about their approach and see if they can help me achieve similar results.

[@viviancarolgioao]

Sharon Ann Meny, is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@judynewsom1902]

My strategy has always been to invest 25% of my income in the stock market at the beginning of each month. The second part of my strategy is not to sell for at least 5 years, thoughts?

[@Theresaa12]

I think that is a good one.........

[@HarrisRyan-oy8eo]

The stock market brings both uncertainties and risk too so I suggest while you keep investing just like you do, Do well to consult an expert too to be sure you are putting your money in the right places

[@EverlyndPerez]

Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.

[@Debbie.Burton]

I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

[@EverlyndPerez]

*Marissa Lynn Babula* is the licensed advisor I use. Just search the name. You’d find a webpage and necessary details to work with to set up an appointment.

[@JayTarsia25]

"If you own your house, your housing costs won't go up every year" *Taxes and Insurance have entered the chat*

[@cutehumor]

You know landlords increase your rent to pay for the taxes and insurance.

[@arthrodea]

Exactly! Not to mention cost of home maintenance and repairs

[@Dividendsmattertoo]

@@cutehumorsome landlords don’t haven’t raised their rent for 8 years if your a good tenant I’ve seen it and have family who does it

[@nickstark8479]

Not to mention repairs and maintenance costs going up every year... But in the end, the money you put into your house tends to be partially retained in the value of the property... You may be able to spend less in total by renting, but it is much more difficult to build wealth this way unless you are living in a property well below your means and investing the difference.

[@blackworldtraveler3711]

Mine doesn’t go up every year. When and if it does it’s no big deal.

[@RobGoldy]

Dave completely missed the point of this call. If you invest early in a regular brokerage account you save up money faster which can then be used to buy the house much faster compared to just saving in a bank account....

[@V31lCl0ud]

IF the market goes up, silly.

[@ST5S5]

@@V31lCl0udovertime the market goes up 70% of the time

[@mhodge0890]

I agree and we’re in the Bull market

[@nickstark8479]

​@V31lCl0ud Market goes up 8/10 years, so odds are well within your favor... Even if the market goes down, just means you could be buying ETFs/Index funds at a discount.

[@TonyCox1351]

@@mhodge0890being “in a bull market” doesn’t really mean anything, the market could crash tomorrow, or a year from now, no one can predict it. That’s why saving for a house in a brokerage is risky. Most people would prefer 4% guaranteed returns than risk the chance of having 20% less than when you started when you go to buy a house.

[@Redwood4040]

I've only made roughly 8% total, or 2% annually, from investing 50% of my $150k salary over the past four years. i want to build a good investment portfolio and have been looking at videos and doing research to be more educated. Where should i invest this for stable cashflow?

[@BBmbr89]

Invest in real estate, ETFs and high-yield savings account.

[@JordanReam8186]

Stocks are at an all-time high right now, but if you crunch the numbers correctly, you should be fine. You could also make things easier by hiring a skilled advisor to help.

[@LuvmeRos]

You have a very valid point, There are tons of benefits to having a financial advisor, but here’s one example: My advisor based a small part of my portfolio on Nancy Pelosi’s portfolio, which is completely legal. That portion has gone up 71% in just sixteen months-take that info as you will.

[@Dollrnri]

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?

[@LuvmeRos]

Jennifer Leigh Hickman is the advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@nicolasbenson009]

The recession is here, where do investors look at for wealth gains now? mortgage rates still on the rise with higher imports and lower exports, yet the Fed is to lessen cost. Something will eventually break if they keep raising interests and quantitative tightening.

[@sharonwinson-m8g]

if you want to hold on to cash, put it in a safe deposit box, if you want assets, buy things people need in a shtf society, food, ammo, wood, water filters, tools, have a skill at building and fixing

[@Hectorkante]

when we go into recession, tech will do poorly as a sector considering what's going on in the world, while defense stocks should be doing good, but always do your own research, or speak to a valid advisor before investing your money

[@DorathyJoy]

Agreed, I've always delegated my excesses to a pro, ever since suffering portfolio steep-down amid covid-19 outbreak. As of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments, and only work 7.5 hours a week.

[@ScottKindle-bk3hx]

truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@DorathyJoy]

Finding financial advisors like Sophia Maurine Lanting who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@TianaManeO]

Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time

[@MablePauls]

Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.

[@AngellLevey]

Trading without professional guide...Huh i laugh you, because you will remain where you are or even make huge loses that will stop you from trading, this has been one of the biggest problem to new traders

[@PajinakStanovska]

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you

[@AngellLevey]

My CFA Julianne Iwersen Niemann, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@PajinakStanovska]

Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds.

[@Hannahbenowitz]

Given the recent market volatility, I believe investors should prioritize undervalued, lesser-known stocks. My own portfolio, which includes several once-popular stocks, has taken a significant hit. I'm seeking more stable, under-the-radar opportunities.

[@HildaBennet]

I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience

[@PennyBergeron-os4ch]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k

[@bartlyAD]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation

[@PennyBergeron-os4ch]

Diana Casteel Lynch is her name. She is regarded as a genius in her area and works for Empower Financial Services.

[@PennyBergeron-os4ch]

Her name is Diana Casteel Lynch can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@RonaldPaul-rs6kt]

A lot of news have been going on about a rally after the election, urging investors to watch out for stocks that would be experiencing significant growth. Any idea which stocks to put on my watchlist?

[@CrystalJoy-32]

the market has been a basket of surprises lately, it's better to abide by professional guidance

[@FrankPatrick-no8zo]

Such uncertainties are the reason I don’t base my judgement on a ''heresay'' 2020 had me holding trash stocks, but thankfully revamp my portfolio through the aid of a pro before seeing significant gains. To date, I've scaled up nearly 320% ROI. it's been 4 years and counting. I and my advisor are working on a 7 figure ballpark goal and we're not far.

[@DennisJack-km8ho]

good gains! does your advisor work with any specific persons? I once saw on the news folks that made fortunes from the Dotcom crash, as well as the 08’ crash and I’ve been looking into similar opportunities in this present markt

[@FrankPatrick-no8zo]

I’m cautious about giving specific recommendations as everyone's situation varies. You may consider independent financial advisors like "Amber Michelle Smith" I've worked with her for over 4 years now and I'd gladly commend her exemplary service on a public post.

[@RuthEvelyn-rc3bg]

Glad to have stumbled upon this, curiously inputted her on the web, easily spotted her consulting page and was able to schedule a call session. Ive seen commentary about advisers but not this phenomenal

[@SebastianNoah5e]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024

[@JulianBenjamin3d]

Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

[@SofiaJames9H]

Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

[@RubyOliverm5l]

Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@SofiaJames9H]

My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

[@RubyOliverm5l]

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

[@MichaelCarrPilot]

No blog style over explaining back story - just 45 second and this guy asked the question, laid out all the finances out. He doesn’t need Dave’s canned advice, he likely already has a plan.

[@logdon17]

Not to mention, Dave totally missed the point of the call which was to cut their income in half so the wife could stay at home.

[@MarkJoe-e7f]

I already have about 60k in my portfolio and I also agree assets still can go way up. I want to diversify my portfolio to include good stocks and perhaps some digital currencies. Any recommendations?

[@BarryWhite-h9m]

It’s very possible to make lots of profit in stocks but it requires some technical analysis. I'll highly recommend you work with a financial advisor.

[@gregorywhem]

I agree. I started trading stocks because I can work with an expert who has a good understanding of the market. This third quarter I've already made more than 150k in net profit.

[@JoelCharisma-q5u]

This sounds incredible. Could you recommend who you work with so I can check them out?

[@gregorywhem]

I work with *Marissa Lynn Babula.* She's not hard to find. Just check her out on her website and you can contact her.

[@NormanGhali]

Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.

[@Bando1017]

As long as you have the margin given your income and you're not forcing the issue, there realistically is no upper limit

[@MaximilianFischer497]

I have 35% of my capital investments in an IRA, 25% in index funds, and the balance spread across other investment accts totalling over $250k. I took a big hit in Q2, 2023. Right now i am just looking for ways to recover by end of 2024.

[@TicheDebb0]

There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts

[@EvelynBrooks0]

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

[@AshleySommerset808]

This is all new to me, where do I find a fiduciary, can you recommend any?

[@EvelynBrooks0]

“Diana Casteel Lynch” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@henryallard245]

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

[@tombkk1322]

They will be millionaires so fast investing 60% of their income. Much faster than buying a home now.

[@commonenglishmistakes4360]

I agree but Dave's equations are about reducing the risk too. Having a fully paid off house gives so much more security in life because if things goes badly, you can survive on very little per month. I'm good with money but I do recognize the emotional component now. I used to disagree with the debt snowball for the same reasons but now I see the advantages

[@1967davethewave]

Yeah, just because Dave and his crew have interviewed 10,000 millionaires and like he said, almost none of them did that, he must surely be giving bad advice.

[@commonenglishmistakes4360]

@@1967davethewave agreed. It's doesn't show cause and effect, only correlation.

[@rebeltheharem7028]

@@commonenglishmistakes4360 Yeah, but they are young, to its likely paying off the debt will do much worse for them over the long haul, and it doesn't seem like the mortgage or any mortgage will be making them lose sleep. In other words, its much better for them financially to just invest 60% of their income, rather than pay half of that on a mortgage. The returns on investments generally outgrow the appreciation on a home by a large margin, and just focus on student debt (if they have any) for now. And when they are ready to buy a home in 5 to 10 years, they will likely have more than enough for a 50% down payment on a home in most US market places. Besides, telling them to buy a house over renting is the same thing as to buy a home when they don't want to or aren't ready to buy one yet, and that will be much more mental burden then a mortgage or worrying about raising rent. Its better to just invest that money, and wait till they have enough to buy a home in cash or do a huge down payment.

[@TEPVY1920]

It really wouldn’t change much for him. He is still paying rent anyways. That rent money will be used as mortgage payment, so he will be investing as much or just a little less

[@Andreavince-v]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024.,..

[@JohnNgomba-k3v]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

[@KarenJ.Mancia]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

[@juliasalley]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@KarenJ.Mancia]

Stacy Lynn Staples is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@pauline-o2q]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@robloxvids2233]

Stop the HSA? Dave is nuts. The HSA is literally the best investment. And maxing the HSA is peanuts. He also didn't even listen to the caller, who said he already had a 6 month efund.

[@natashas9322]

I thought that was crazy too! Was coming to the comments to sat the same thing!!

[@jbach1841]

I agree, keep doing the HSA, best investment available from a tax perspective

[@andrewsnyder9262]

Can you only use the growth for medical expenses or can you eventually divert it for other uses down the line? This is something I haven’t been sure about .

[@beechcraftpvp]

@@andrewsnyder9262 I think you can throw it in IRA's way down the line, but not positive on that. I think it's a 1 time thing and can't exceed your annual contribution limits.

[@wellofstyx2431]

Second this so hard. If you need the money for your medical expenses you bypass uncle sam paying them. If you don't need it for medical expenses start investing in the HSA so you don't take it out of your pocket next year or whenever. I thought he liked HSA's post baby step 3.

[@Bako-b8j]

I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.

[@Bridget-l7p]

Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

[@DavidLucas-so8rr]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@trazzpalmer3199]

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?

[@DavidLucas-so8rr]

"Laurelyn Gross Pohlmeier," 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.

[@SarahTaylor_]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@glen46823]

No, I'm investing 53% because I hate working and want to retire as young as possible.

[@blackworldtraveler3711]

Indeed. My goal was to work less and smarter with higher pay, live within means, save/invest more,take more time off without pay, and retire debt free before 50. All done.

[@lawv804]

Same here. I've been pretty consistently investing $5k/month. I'm 42yo and single, and hoping to be retired in an affordable foreign country in the next 5 years. I'm not working until I die like my father did.

[@valarmorghulis4801]

​@lawv804 yea not everybody wants to retire here. The one size fits all with the home ownership stuff shouldnt be standard

[@alexc5369]

Why not take the steps towards finding more meaningful work to you?

[@kevins5268]

Hope your taking some of that investment for rice and beans. That's where this economy is headed regardless of presidential outcome. 35 trillion in debt and banks leveraged 700% more than they were in 2008.

[@raymondowens8848]

If they can invest 60% of their income, they are probably paying their apartments rent out of the 40%. So they could probably just transfer that money into buying a home and still put close to 60% in investments. That’s an awesome plan. It is much easier to live the life that is going to be financially advantageous for them if they’re making about $200,000 already. That’s fantastic

[@SnifferSock]

I think everyone including Dave missed this. Even if he has to cut investing down to 45% he's still doing amazing!

[@thebes118]

Much easier to move also.

[@alexm260]

Dave “Be weird, don’t do what most people do.” Guy saves and invests 60% of his income but rents… “That’s weird, you should reduce your investing from 60% to 15% and buy a house cause that’s what most people do.”

[@mhodge0890]

I know right

[@Tom.A.]

He didn't say that's what most people do (most people can't afford a home). He said that's what most of the millionaires in his study do.

[@Primitive_Code]

You must be worth a million dollars...NOT.

[@zachjones2346]

That's not what most people do. That's what most MILLIONAIRES do.

[@alexm260]

@@zachjones2346 And anyone with a basic understanding of investing will realize that if one chooses to rent while they are young and invest tens or hundreds of thousands of dollars while in their 20's, they will end up with significantly more money in the long run than if they focused on buying a house early "just because." Dave even concedes his plan is not intended to optimize net worth.

[@EthanMaloney-qp4lh]

Is S&P 500 a good stock to start on? Or should someone start on popular stocks such as APLE, or SBUX. I want to invest around $200K from my cash savings

[@SaintYvess]

A long-term approach can definitely help with navigating market volatility. Set Clear Goals, Focus on Quality Investments,Stay Patient and Avoid Emotional Reactions, and Work with a Financial Advisor

[@WestonScally7614]

Yes. It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why a coach is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say I've made more progress within a year generating 6figure profit

[@sting_grayl]

Pls how can i meet this advis0r?

[@WestonScally7614]

Yeah, she is Marissa Lynn Babula , look her up. Anyone is free to contact her.

[@WestonScally7614]

*Marissa Lynn Babula* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@jakeb.3903]

They stopped cut the caller off too soon without getting all the facts. They are making a ton of assumptions that she will want a house (although they are probably right). If they don't like fixing stuff, mowing lawn, yard work etc. buying a house might not be right for them.

[@huebothedog665]

Very early in their careers too. What if they need to move for him to have a higher income so she can be a stay at home mom?

[@fauxbro1983]

You dont need to buy a house so soon. In todays economy you really cant say you'll live in a city/town from 20s to retirement. Continue to live like minimalists

[@AnnaOllsson]

I realized that if you are not Warren Buffett nor someone in the industry it's difficult to make decent return from the stock market, stock picking is an effort in futility particularly at an uncertain time such as this, my portfolio is still significant about $150k but I'm not confident about picking stocks anymore. Are there really no other options for me to gain from the stock market? I'm open to ideas.

[@HildaBennet]

It's hard to beat the market as an ordinary investor, you don't have access to information that professionals have. So it's just better if you invest with a professional who knows how things work better.

[@bartlyAD]

Picking stocks is a risky thing to do particularly for non-professionals, I learnt that in 2020 when I lost almost everything but I was lucky to switch to using a financial advisor who has better knowledge of the market than I do and I've been returning at least $70k every month, just too bad I didn't learn this earlier on.

[@DaliaCohen2230]

Interesting! been thinking about switching to an advisor for a while now, but the fear of losing funds holds me back any help pointing me to who advisor is and how to reach them.

[@bartlyAD]

I'm not so comfortable making recommendations on the internet, but since her webpage is public accessible, she's Sonya Lee Mitchell, a simple search with her name will suffice.

[@DaliaCohen2230]

Thanks for this amazing tips I looked her up and was able to book a call session with her, she seems proficient.

[@daniel-w5g1u]

Election is one of those things that could really contribute to portfolio growth and vice versa. I've been going hard with my investments this year and have been able to build up to 180k. Are there tips I could apply to help me grow my portfolio even more during this election season?.

[@colepfiefer]

Well detailed video. Things are a bit strange right now. Inflation is making the dollar weaker for buying things like basic needs, but it's getting stronger against other stuff. So, stuff like stocks, houses and precious metals aren't doing so great because folks are putting their money into banks for safety but I'm worried about my retirement savings losing value fast

[@colepfiefer]

If you are in cross roads or need sincere advice on the best moves to take now its best you seek an independent advisor who knows about the financial markets. It's better to hire a skilled financial planner especially if you're not one yourself. I hired one, after my retirement pension took a hit in April due to the crash

[@daniel-w5g1u]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@colepfiefer]

My CFA ’Gabriel Alberto William a renowned figure in her line of work. I recommend researching his credentials further. he has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@daniel-w5g1u]

Thank you for putting this out, it has rekindled the fire to my goal

[@Ballesteros-d]

60% equities 40% cash. I plan to take advantage of the current market situation as leading indicators predict a bullish S&P 500 by 2025, my only concern is how to properly allocate a large stock/bond portfolio for maximum potential returns.

[@cortez9978]

I don’t see a problem fully invested into stocks as long as you know what you're doing, whereas it's best to consider advisory services

[@Marquis-9]

Agreed, investing with the help of an advisor did the trick for me in barely 5 years. I worked hard everyday as a teacher for 32 years and my salary was over 100k, enough to get me invested. I'm semi-retd today with nearly $1m, and only work 7.5 hours weekly.

[@SandraJ.Aleman]

@@Marquis-9 how to put my money to work has been my daily thought, did my research and most suggestions pointed at the stock market, the thing is i'm an absolute noob at investing... mind sharing info of this professional guiding you please?

[@Marquis-9]

Sophia Verdekal O'neal is is the licensed advisor I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@SandraJ.Aleman]

thanks for sharing, I must say Sophia appears to be quite knowledgeable... just inputted her full name on the web and at once came across her consulting page, she seems impeccable

[@Raniyanhunter]

I've just begun learning about value investing, and I've found that many good stocks are undervalued despite their intrinsic value. If you had $200,000 to create a strong investment portfolio, which stocks would you choose for better returns?

[@garnold-l5p]

I think a good investment portfolio should have three basic things: ETFs for diversification, dividend stocks for cash flow, and leading tech stocks. With your budget, it's a good idea to talk to a fiduciary financial advisor for expert advice.

[@Mlanderos-t9e]

Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.

[@Anessa-gibson]

Hello, I'm interested in trying this out. Who is your FA, I'm gasping for breath. Have been doing things myself but it's clearly not working

[@Mlanderos-t9e]

Judith Lynn Staufer is who I work with. Have worked with her for about 5 years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@Anessa-gibson]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@kongab2025]

Videos like this is what motivates me to keep going down the path ive chosen to be free of debt. God bless you Dave Ramsey and everyone that works with you.

[@cdub7373]

Maintaining a home costs more than rent. Lawn care, repairs, taxes, etc is all on you while rent is just rent. Even renting it out is risky especially if you don't properly vet who you rent to

[@blackworldtraveler3711]

I just cleared over $450k after taxes selling my two rentals last year with combined 11 years of rent and appreciation now making around $20k/yr. in HYSA,laddered CDs,and credit union savings accounts. Rent is also lawn care,repairs,taxes,insurance,HOA, mortgage, etc. including a “greed tax” from landlords and corporations.

[@thebes118]

Utilities are higher in a house also.

[@imveryhungry112]

@@blackworldtraveler3711 I made 350,000 a year off my index fund investments with zero cost, what's your point?

[@neeferpd]

But one day that house will be paid off then all you have is taxes and insurance and maintenance. Houses come in all sizes and types. Get a small house with a small yard, or a townhouse, or condo. They don't need to be in a hurry to do it, but it would be a wise thing to do in the not too distant future.

[@LegDayLas]

It largely depends of your local market. People simply would not rent out their property if it cost more to own the home then the revenue that it brings in. Some places do have renters markets where you are better off renting, those places are allot harder to find then typical markets where landlording has a payout.

[@givrally]

Rent vs buy is a much more complicated equation than that. Rent increases every year, yes, but the more and the longer you borrow, the more you'll pay for that loan. Meanwhile, if they just set aside that 60% and take it out when they have enough to buy a home, they _could_ end up paying less, even factoring in that rent. But then, the value of a home grows much slower than that same amount in the stock market, so there's an opportunity cost there. All of those are important factors that can tip the scale one way or another, and you can't just handwave them by going "Yes but rent goes up every year".

[@t206kid]

Not all rents are raised each year and your home payment is never fixed. I've had my home for 6 years and every year the payment goes up because of insurance and taxes

[@imveryhungry112]

@t206kid plus over time the house decays so you have to spend money for it to maintain its value.

[@daspeed198]

rent doesn't go up every year correct, but it still only goes up. Just depends on your landlord, some will do a few years worth of increases in one go.

[@darrenjackson1981]

He should keep investing aggressively period.

[@melanieb2132]

If he wants to keep his wife and have a baby, then he should get a house.

[@michaellong5672]

@@melanieb2132 Not sure why you or Dave jumped to the conclusion and think he not going to buy a house. That is probably why he is living on $60K and saving $85k. In 2 years he will have a big fat down payment. The couple is already thru baby steps 1-4 and are recently married. They are killing it!

[@nichtsistkostenlos6565]

He should be saving for a house and investing 60% of your income is ridiculous overkill. If you're debt free, you should enjoy your money and be charitable, especially when you're young.

[@livingunashamed4869]

I would keep investing and see how fast I could FIRE.

[@RafalTraveler]

Exactly. Own house is not a money making asset. The caller is now supercharged and Dave is kinda pulling him down.

[@imveryhungry112]

@livingunashamed4869 not everybody even wants to but a house

[@tcgtpl]

Dave & the Ramsey Team are against FIRE because they believe it means you won’t do anything other than play golf & sleep if you don’t slave away at a job until you’re too old & broken down to do anything.

[@timinator20o0]

​@@RafalTravelerobjectively wrong

[@RafalTraveler]

@@timinator20o0 what do you mean? if you buy a house and rent it out it is money making otherwise it is an expense (not an investment, a speculation maybe) and with morgage it's even higher a expense. + not every one has or wants a house.

[@rockersamurai]

Dave’s recommendation will 100% make this young couple’s net worth much lower in the future. You don’t need to buy a home. Run the numbers. A $1 invested at his age will be almost $88 when he retires.

[@Cormonkey18]

Buying a home now and paying it off faster allows for more investment income which will grow even faster. It's not hard to understand

[@xKeville]

$88? lmao more like $15

[@lepoj]

​@@Cormonkey18Not true. With as young as the caller is, investing now means more time for compound growth

[@alexm260]

@@Cormonkey18You are just regurgitating Dave’s shtick uncritically and have clearly not looked at any numbers.

[@Cormonkey18]

@@alexm260 have you?

[@tonysilke]

I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?

[@Nernst96]

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

[@PatrickLloyd-]

Yes, I agree. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.

[@PhilipDunk]

Who is this person guiding you and how can i reach he/she?

[@PatrickLloyd-]

Sharon Ann Meny is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@PhilipDunk]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@sirheisenberg4459]

Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?

[@mariahudson9939]

I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.

[@Tanner-c2m]

This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far

[@type-r3x]

This is definitely something I will consider! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation

[@Tanner-c2m]

REBECCA NASSAR DUNNE is her name. She is regarded as a genius in her area and works for Equity Services inc. She’s quite known in her field, look-her up.

[@vanessahopkins-g5y]

Thanks for this. Found her and looked through her credentials before contacting her. Once again many thanks.

[@Margarita33-r7v]

Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in July 2024

[@Margarita33-r7v]

This must be an investment with Mrs Geraldine Ann Philip

[@Kennedy-z4v]

⠀ She helped me recover what I lost trying to trade myself

[@Kennedy-z4v]

Geraldine Ann Philip understanding the market indicators is impressive. She knows exactly when to enter and exit trades for maximum profits. her siignals are top notch

[@Nice-r7c]

That's amazing, I've seen different people talking about this Geraldine Ann, she must be a cool woman for people to talk this about her,how do you people earn money?

[@PedroFontana-h1x]

I think I'm blessed,because What impresses me most about Geraldine Ann Philips is how well she explains basic concept of winning before actually letting you use her trade. This goes a long way to ensure winning trades

[@pirate254]

It might be too much but it's a heck of a lot better than investing 0% like most people are doing

[@BetycreacionesBebi]

Buying Bitcoin or Gold are the absolute best hedges against hyperinflation.

[@JosmyAlzaeem]

Not buying bitcoin would be a stupid thing to do, Not holding any gold would also be a stupid thing

[@stevenvan5104]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing in bitcoin is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

[@Lilianoleary997]

Market fluctuations have frustrated my previous attempts at stock/crypto investing. Ready to pivot to passive income, I'd love to learn from your journey. Share your expertise and guidance, and help me overcome my past setbacks to achieve financial stability and success

[@stevenvan5104]

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience. If you're new to investing or don't have much time, it's best to get advice from an expert.

[@stevenvan5104]

If you don't want to crash and burn, you should seek the advice of a fiduciary counselor when you first start out. Fiduciary-counselors have exclusive information and data paths that are not available to the general public. Understanding the direction of my Fiduciary-counselor *Tracy Britt Cool Consulting*

[@bradycone]

Dave totally missed it on this one. The guy never said that they were planning on staying in the apartment forever. I don't know why Dave assumed that. They just got married and they just finished college. Dave always tells people to not be in a rush to buy a house, especially in the first year of marriage. Yes, have a down payment as part of your savings. But these people are newly weds, making 200K, doing incredible, and planning to make sure the wife can stay home when they have kids. They are doing incredible! Dave should have been celebrating them.

[@thebeautifulmanclub3790]

This guy called up patting himself on the back and he realized quickly he skipped over a major financial concern.

[@jillbowe9021]

😅

[@cassnate6259]

My biggest issue with Dave is that he takes a one-size-fits-all approach. Doesn't even ask the reason why they're in an apartment right now or what their longer term plan is. It's all about the big study.

[@JasperOFlanigan-fb5lv]

There was a homeless guy in Australia who got famous because he was investing 100% of his income. They revealed he had 100s of thousands of dollars in the bank but lived on the streets.

[@timothy8142]

That's so funny. I dated a girl years ago who worked at a bank. She told me a story of this guy who would stand outside near the bank everyday with a coffee cup begging for change. Then he would go inside and deposit the money in the bank. She's like "This guy has a lot of money. You don't even know."

[@ElizabethAyala-r3w]

I'm favoured, $27K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.

[@PorscheMaria-i8k]

As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

[@YetiKowalski]

I know this lady you just mentioned. She's really good with and on her job. She's helped a couple of families and individuals' finances

[@WisdomFresh-v1d]

She is really a good investment advisor. I was privileged to attend some of her seminars, that's how I started my crypto investment

[@MariamHassan-u5b]

I have heard a lot of wonderful things about Anna Duke on the news but didn't believe it until now. I'm definitely trying her out

[@GuadalupeMartinezb]

Started with 5,000$ and Withdrew profits 89,000$

[@kalebbruwer]

The upper limit I would set is you don't want to save up for the rest of your life. There's nothing wrong with aggressively saving for a limited time. Especially if interest rates are high. I (not American) am in a situation where, without a large deposit, rent for an apartment is genuinely lower than the interest payments on a house would be, at least for the first few years.

[@kortyEdna825]

80% stocks 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large $5m stock/bond portfolio for substantial gains at minimum risk of inflation.

[@KaurKhangura]

I believe that diversifying your investments is the safest way to handle it. One way to lessen the effects of a market crisis is to distribute investments over a variety of asset classes, such as international equities, bonds, and real estate. It's critical to look for expert advice.

[@brucemichelle5689.]

Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.

[@NicholasHarmon-ow3jl]

Fantastic! That sounds wonderful. How can I get in touch with your financial supervisor?

[@brucemichelle5689.]

‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

[@NicholasHarmon-ow3jl]

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.

[@anthonybrown06]

The Caller has it dialed in. His way does risk burnout but his plan works amazingly. Especially because you don’t know where h will want to live.

[@alexm260]

This guy only said his goal was for his wife to be a stay at home mom at some unspecified point in the future. Telling him to reduce his investing from 60% down to 15% as “the most efficient” way to get to his goals absolute buffoonery.

[@LegDayLas]

If they really wanted to they could prob have her quit now and get by. Assuming they both pull the same salary, cutting her hald would mean there 40% expenses become 80% expenses (half the income). That leaves 20% for saving. Not saying that's smart, just that it's technically already an achievable option for them.

[@StasiaAleen]

Ken for the win! A wife will run with anything. A mom wants stability, safety, and dependability for her babies.

[@emoney1231]

Leave it to Dave to make incorrect assumptions based off his study. Did he find that those who invested 15% had higher wealth than those who invested more? Absolutely not. Did it find that less than half of millionaires aged 45-54 had a paid-for residence? Yes.

[@xlerb2286]

A house isn't exactly a zero expense option, but it's likely the best approach considering both lifestyle and value appreciation. In areas with a sane housing market renting and investing the difference between that and a mortgage payment will end with similar or better returns when renting. But there's so many nice things about having your own place that tips the scales for me.

[@JustinCase780]

Why assume that they are having kids tomorrow? And, why assume that they may not want to buy in another location when they do make a family? Time is on their side to do both.

[@nickstark8479]

Could also like renting life at this time, so no need to expect immediate returns from investment. As long as your landlord is decent, it's relatively hassle free compared to managing your own properties cost, repairs and maintainance.

[@bradycone]

Definitely. And Dave always tells newly weds to be patient in buying a house and wait until after the first year of marriage. This guy never said that they were planning on staying in a apartment forever. But they are newly weds and just finished college. Dave totally struck out on this call.

[@mdaniels6311]

I invest about 50% of my income (my life is still comfortable). At this rate I will retire from full time work in about 2 years aged 40, and from then I will spend my time on my small business, part time teaching and thinking of doing a PhD in machine learning. Can't wait for this freedom......

[@LyricalTampon]

Dave just gave this kid unhinged advice, even down to the Texas advice...just completely insane.

[@matthewking6779]

I dont quite agree. If you save incredibly heavily early on then you can buy your property with cash (which if done right with investment returns vs mortgage could be better off financially and get tgere quicker)

[@RafalTraveler]

Please do the math. dont blindly follow this advice since taking debt is always limiting your options and putting more risk into your life. If cost of mortgage (cost not full payment) is higher than your rent minus interest on the money you are able to save by not buying yet DONT DO THIS! Dave is a great authority and I have a great respect for him but he's not ALWAYS right. In my opinion not this time.

[@topsykretts2264]

One of the best things to have in your retirement is a paid off home. Sure you still have maintenance and insurance but that’s very little compared to paying rent every month. Don’t buy a home while you’re broke though. Go through the Baby Steps in order.

[@chasen62]

Wait till Dave realizes home taxes/insurance also go up every year....

[@amireallythatgrumpy6508]

Nowhere near as much as rent does.

[@LegDayLas]

@@amireallythatgrumpy6508 They still go up. By definition it is not a fixed expense as he loves to claim.

[@teramedia7333]

I didn't hear anything about taxes. If your gross income is 200k pretax, and you are taking out 60k for pretax stuff, then your fed income taxes on 140k should be substantial. 60% of 200k is 120k, leaving 80k for the taxes on the 140k, 60k more investment, and all living expenses. That math doesn't support the stated actions.

[@UtotheJ]

Ramsey's advice in this whole video is a prime example of how to stay middle class forever. Dave Ramsey teaches bums how to stay out of debt, NOT intelligent people to be wealthy

[@alexc5369]

Dave has followed his own advice and is a multimillionaire.

[@dudeorduuude5211]

​@@alexc5369his was luck. Clearly he has worked hard, but famous and rich involves luck.

[@mikegiddens9694]

It doesn't matter, you can pay off your home, but your property taxes will also go up year after year. I live in TX & I'm paying almost $9000 a year in property taxes, that's more than my mortgage.

[@JesseMayhill]

I am an active Navy captain and have been investing for a few years. I have reached a point where I could benefit from financial advice to improve my $160,000 portfolio, which seems to be stagnant, and to maximize the return on my investments.

[@Bunnydrille]

You didn't provide detailed information about your portfolio makeup. However, I recommend seeking guidance from a financial advisor for a well-informed portfolio restructuring.

[@Frankweily]

De-risk your portfolios, shore up your core holdings, and take some profits while balancing your portfolio allocations. I’d also suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a fiduciary financial advisor to guide you, that’s what works for my wife and I. It's been 6 years now and we've grown our portfolio to $1m.

[@Madridstrat]

Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and i am interested in investing in stocks.

[@Frankweily]

Melissa Elise Robinson is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@Madridstrat]

Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info.

[@machinesnmetal]

I invested as much as I could until I reached my goal. Then I quit working and have been living off of the dividends since. This method has worked well for me.

[@hannahbrownnn]

I've always been fascinated by how top investors achieve millionaire status through their investments. Currently, I'm sitting on $345K from a home sale and I'm torn between investing in stocks or holding out for a better opportunity?

[@jessieyoung-szn]

For any investor, a strong plan is essential to their portfolio. The higher the risk, the bigger the possible return when it comes to making important decisions, thus it makes sense to consult with seasoned experts.

[@allisonbutlerj]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@JanAlston-kd6yl]

I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.

[@allisonbutlerj]

NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@KevinEvans-mq4ob]

I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.

[@NotKid142]

I wanna tell this guy, 60% savings is beyound awesome. Keep doing it for next 10-15 years and buy house in cash aftet thst. Stay debt free. Dont go by what dave says

[@Nite_coder]

Sure, look at that home value 15 years ago, but also take a look at the QQQ and the S&P 500, one of them basically keeps up with inflation except for crazy housing Inflation caused by a once in a lifetime pandemic. And the other one has returns well in-excess of inflation

[@kvgolfa]

Lol this is terrible advice telling him to invest way less for no reason. A 22 year old girl can survive in an apartment

[@Veenic22]

But they want kids

[@rohans1789]

Completely disagree with Dave here. Their investments will grow faster than their rent. Home ownership isn’t for everyone and is a lot of work, I do own a home and my expenses increase every year. A poorly maintained home will lose value but properly invested funds will grow with minimal effort. You can never save too much.

[@emilymccord7063]

I am from Miami United State🇺🇸, The difference Mrs Lucy Mary Liam makes in my life is second to none it's definitely a life changing kindness. I really appreciate her effort in my life.

[@watson244]

I invested $2,000 and the trade in one month making close to $20,000. I wonder where she got her analysis.

[@macdenise3203]

Seeing my broker talked on KZbin, This was exactly how I got the recommendation about her for the past years. Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in July 2024

[@carlosalberto54754]

I'm from Brazil 🇧🇷 I and two other of my friends tried her immediately we testified her performing wonders.

[@georgemattocks]

Her good strategies of making large amount weekly profits for her clients are totally outstanding. Investing my $1500 with doubt and withdrawing $12,300 with happiness. I ❤️ you Lucy.

[@chrismadison5085]

Thanks to my co_worker who suggested Mr Lucy Mary Liam to me

[@Fred2-123]

They are just out of college, too soon to buy a house. Kept renting until your life has stabilized and you KNOW that you are going to stay in the same area for at least 10 years.

[@kevincasey1]

Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

[@wmwoods-l4f]

It is recommended to seek the assistance of a financial advisor or broker to diversify your investment portfolio through the inclusion of commodities, inflation-indexed bonds, and stocks of financially stable companies, rather than relying solely on growth stocks with uncertain future earnings.

[@j.ottinger]

Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 950k within a year, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

[@karitanaw]

I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?

[@j.ottinger]

My adviser is "'Annette Marie Holt" You can easily look her up. She has years of financial market experience and she is also FINRA & SEC verifiable.

[@karitanaw]

Thank you for this amazing tip. I verified her and booked a call session with her. She seems Proficient.

[@joefroelich4934]

My house payment goes up every year because of insurance and taxes. It has gone up $350 in the last 7 or 8 years.

[@samuel.andermatt]

If he invests 60% rising rent is unlikely going to be a problem for him soon.

[@rh-bd6wv]

I have owned homes, rented homes, built homes, and even been homeless. They are all workable living modes. But, please do not be fooled into thinking that owning a home is as simple as making a mortgage payment.

[@KathleenMcNe]

No amount is too much to invest.

[@peternicholas-j3s]

Taxes , home insurance and house maintenance has entered the renting chat room ! In this world we never get the chance to own anything . We pay bills and taxes until the end and if were lucky we don't leave any of our debt to our kids .

[@Lourd-Bab]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing below the $100k mark and in the first 2 months, my portfolio was reading $234,800. Crazy right!, I decided to reinvest a huge percentage of my profit and it got more interesting.! For over a year we have been working together making consistent profit just bought my second home at the beginning of summer.

[@patrickhenandez]

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

[@Lourd-Bab]

@@patrickhenandez However, if you do not have access to a professional like Suzanne Gladys Xander, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.

[@patrickhenandez]

@@Lourd-Bab Oh please I’d love that. Thanks!.

[@Lourd-Bab]

@@patrickhenandez Suzanne Gladys Xander is her name .

[@Lourd-Bab]

Lookup with her name on the webpage.

[@madalynmull1681]

Good for them! They seem like a very careful couple who will take their time and not rush it too much.

[@imveryhungry112]

I love dave but I don't think this call was one of his best. The dudes investing 60 percent of his income but dave Says you need to buy a house to achieve your goals? Makes no sense.😂

[@mhodge0890]

People always ignore the extra cost a house comes with

[@megalodon1726]

Dave says he should have that 60% towards a down payment, then use it to buy a house. After that, use spare cash to pay down the mortgage.

[@imveryhungry112]

@@megalodon1726 buying a house isn't necessary to become a millionaire if a family is investing 60 percent of their income into low cost index funds

[@dog7881]

@@mhodge0890No one is ignoring them. If you’re house is paid off that takes a huge load when you’re retired with a huge nest egg instead of paying rent that goes up every year.

[@neeferpd]

Standard Dave video which is why I'm not a big fan. He has to stick to his cookie cutter rules so he can sell more books about his cookie cutter rules. He also doesn't let his callers speak so that he CAN stick to his rules. I would love to hear more from the callers. Like with this dude, maybe he and wifey think they might relocate in a year or two. But Dave won't ask this kind of stuff so he can just regurgitate his baby steps to make them look like the perfect answer every time.

[@MattMcConaha]

I can only think of 3 reasons why you'd be "investing too much." 1) You aren't happy. If you are investing to the point where your quality of life is bad, that's concerning. If you have a plan for the future that you are willing to sacrifice some current quality of life, it might be fine. But if you're just doing it aimlessly and you're miserable, and allowing yourself to spend more money now could improve that, then maybe you're investing too much. 2) You aren't taking care of certain things because you're investing instead. If your health is tanking because you refuse to spend money to seek treatment, you're eating unhealthy because you only eat refined carbohydrates because they're cheapest, you aren't taking care of your kids properly because it costs a lot, your significant other is starting to hate you because you are overly miserly. You should probably invest less and spend some more money on those other things. 3) You just already have so much friggin money that you don't have anything to gain by continuing to invest. I'd say there's nothing necessarily wrong with continuing to invest in this case, but you might find that you can do other things that are more fulfilling with that money, like funding causes that are important to you or just spending it on yourself.

[@laurenstewartd]

I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Grace Miller for helping me achieve this

[@AdolphusAupry]

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

[@MorelaKagarise]

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

[@AdamKotlicki]

I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.

[@GrozaGroza-ko7fn]

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

[@GertonTootle]

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

[@rethinkrich]

Remember, when you here advice, it’s not necessarily for “your”unique situation!

[@jaybrown7811]

Somebody should call into the show and say is $200,000 too much for me to be making per year?

[@timothy8142]

Listen to the tone in his voice when someone says something like "I'm 24 and make $115,000 per year". He usually gets very upset, like his competitive side comes out. He loves helping people, but at the same time he doesn't want anyone to beat him.

[@howler5000]

I don’t understand stopping the HSA. You have an HSA generally because you have a HDHP and you need the HSA to cover you costs.

[@caseycantrell-gh6fg]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit.

[@lennoxmutterick6434]

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

[@caseycantrell-gh6fg]

@@lennoxmutterick6434 However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.

[@lennoxmutterick6434]

@@caseycantrell-gh6fg Oh please I’d love that. Thanks!.

[@caseycantrell-gh6fg]

@@lennoxmutterick6434 Clementina Abate Russo is her name.

[@caseycantrell-gh6fg]

Lookup with her name on the webpage.

[@SharonOnTheNet]

I dont own a house I own my apartment. For me this is good living. dont have to mow the lawn, dont have to fix the roof...

[@Thurgor_Supreme]

Mmm... I don't know if this is the "specific" advice I'd go for. I'd say max out her IRA, his IRA, her 401k, his 401k. Save up anything leftover for the house down-payment. If this winds up being more than 15% invested or less than 15%, who cares

[@johneliss]

I lost over $80k 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 Grace Miller.

[@BroxsonDeighan]

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.

[@Arlingtongeorge]

The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.

[@ZahirFriedman]

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

[@stephaniebeddis8069]

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

[@DianaLinden-l6q]

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

[@kara2162]

We are debt free (paid off mortage) and now invest 50% of our income. We hope to retire before 55/60. Just need to get these kids through college first 😅

[@mhodge0890]

Hope you have a 529 plan for those kids

[@kara2162]

@mhodge0890 We live in Europe. University is subsidized here, but we still have to pay for room and board and materials. (Around €8-10k per year)

[@mhodge0890]

Oh nice