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@clarenemiller37398 күн бұрын
Hello, I've been binging on your videos for over an hour now - THIS ONE BEING THE FIRST ONE - that said; thank you so much for making it plain and simple for a novice like me - I understand how to make interest on money so much better now and for that reason I'm a new subby. Thank you again.
@TobyMathis8 күн бұрын
Thank you so much for your kind words and for subscribing! I appreciate your support.
@MichealMadu-vp7ll9 күн бұрын
I feel like dividends are a better option in increasing someone's money
@leoramirez31469 күн бұрын
Do both whos stopping u more money
@jayc47159 күн бұрын
Riskier
@EricPardo9 күн бұрын
Great overview
@max55well8 күн бұрын
wow! thank you Toby, I didn't know there were safe peer to peer lending opportunities out there. I will check your suggestions out. Great content ❤
@TobyMathis8 күн бұрын
I'm glad you found the information helpful!
@mrbigcat99 күн бұрын
Peer to peer you have to charge a market interest rate and report it to the IRS as income? Per IRS code?
@tritosac8 күн бұрын
Hey this is a kind a weird angle but I was thinking how cities use bonds to pay for projects. Those bonds often entail raising tax rates on property owners. To offset your property tax obligation just invest in muni bonds to earn tax free interest which can be used to pay your property taxes.
@mastifflover5048 күн бұрын
Interesting….
@XennialGuy9 күн бұрын
One thing to make note of is if you are married, having your spouse joint on the account essentially doubles the FDIC insurance to $500k. Having a beneficiary also increases the FDIC insurance by another $250k. So you can theoretically be covered for $750k.
@mcf52269 күн бұрын
Interesting!
@gracewalsh49089 күн бұрын
Hi Toby! 😊 👍🏻👍🏻👍🏻
@candeegarfield46249 күн бұрын
Thank you Toby!
@TobyMathis8 күн бұрын
My pleasure!
@jordaneven90969 күн бұрын
be a hard money lender.... woof.... I'll have to buy a tire iron
@avirexj8 күн бұрын
Obbbb-scuuuu-riiii-tyyyyy
@ELconomics1019 күн бұрын
Let's go coach!!
@rubicon34169 күн бұрын
Helpful video! Thoughts on Treasury Direct to purchase 3 and 6 month T-Bills currently earning 5.25 to 5.35% for cash you won't need tomorrow or next week?
@akag-bomb52359 күн бұрын
Yes!!! Tbills are awesome and for this California resident, not subject to state tax (only Federal). Surprised Toby didn't mention Tbills. Also, no management fees like bond mutual fund.
@crcampbell22109 күн бұрын
This is exactly what I do
@scottkelley94189 күн бұрын
I don't know about that anymore my faith and trust in our federal government is waning by the day
@crcampbell22109 күн бұрын
@@scottkelley9418 then buy gold and silver. This is just what I do with my EM Fund. If you put it in a HYSA they just do the same thing and keep the difference. I only do the 4week TBills
@brucesmith91449 күн бұрын
Ladder them so each month you get interest payments.
@RobWilliams0079 күн бұрын
Hey Toby!
@asphaltandtacos9 күн бұрын
Perfect timing on this topic as I am looking at several methods of building wealth I will be sharing your video in one of Facebook groups as this topic will definitely be of interest to some members.
@MuvaLaNegra4 күн бұрын
I'm looking for a Facebook stock group. Please, what's the name of this group?
@benh90766 күн бұрын
I live in North Carolina and prosper won't let me invest in them
@JohnDoe-iv7yu8 күн бұрын
WOULD LOVE TO SEE MORE DETAILS on these 7 starting with the more exotic, less known such as: 1. Syndications 2. Peer to Peer 3. Notes and Loans The others are already well covered on YT but based on the response of the above 3 you could do an entire 7 part series on these.
@TobyMathis8 күн бұрын
Thank you for your suggestion, I'll definitely consider making a video about them.
@hennrock61843 күн бұрын
@@TobyMathis Agreed. Would be good to also know tax implications for the lesser known ones like peer to peer lending and syndications.
@RuthAnnHurst9 күн бұрын
On bank cds, am I protected if I have 3 different cd with different pods That total over the 250,000.
@leoramirez31469 күн бұрын
U rich
@frankkeel84106 күн бұрын
What about peer to peer? More detail please
@chestercleveland54799 күн бұрын
1
@gregoryunderwood41219 күн бұрын
You didn't mention Worthy bonds.
@tsleong18 күн бұрын
You missed Tax Liens and foreign bonds, they pay good interest.
@mattchapelle56119 күн бұрын
High Yield Savings account interest rates can change at any time unfortunately.
@dc-wp8oc6 күн бұрын
It is still disheartening to receive 5% on savings, knowing inflation is running considerably higher. Been watching Toby for months but never feel comfortable contacting his organization. Is his services only for those with 6 figure incomes and 7 figure assets or at what point can someone jump in?
@zenith500008 күн бұрын
My bank is giving me 20.60% per annum on saving account.
@r.c.s.j97748 күн бұрын
How come? What many?
@johnsmith14876 күн бұрын
I think you mean 2.06.
@zenith500006 күн бұрын
@@johnsmith1487 no. Its 20.60
@jacksmith81687 күн бұрын
So when the banks collapse. You are screwed. Get your money out and hang on from the wacko times.
@mxtv12589 күн бұрын
Muni bonds are Federal tax free, they are also state tax free it you get a bond for the state you live in. Do your homework and llk it up.
@realbigfishplaystheraveagain9 күн бұрын
If your timeline is long term…just buy and hold BTC for a few years…it’s the best performing asset annualized…by far…then when needed, sell a little taxed at capital gains. Still will end up with more $ in your pocket than any of these options
@bjmarchives9 күн бұрын
Didn’t he say these were low risk options?
@cometcal29 күн бұрын
BTC ???
@scottkelley94189 күн бұрын
I agree... I'm up 1600% in 5 years... It can fluctuate and I'm still ok
@4dscdriver9 күн бұрын
@@cometcal2 btc=bitcoin
@hennrock61843 күн бұрын
@@bjmarchives Actually, no, he didn’t say that for all of them. He specified which are higher risk or you need to know what you are doing.