How Should I Start Investing?
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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 just bought my second home 2 weeks ago and care for my family.
Getting rich easily absolutely exists and happens everyday.
Getting wealthy is hard work ☹️.
Just get yourself on the 12% funds ????????
What are the best strategies to protect my portfolio from a crash? I've heard that the market crash will devastate the financial market, so I'm concerned about my $200k portfolio.
love these stuff. just waiting for the GREAT RESET when everyone's funds are devalued, hyperinflation, and you will own nothing and be happy.
Beans and rice and 4 eggs a week for vitamine B12 will do the job
In the current economic climate, What is the best way to invest roughly $200,000 in stocks since I've heard that even in challenging times, investors may turn a profit. Any excellent ideas investment choices?
Does this still apply if my student loans are 40k 0% interest 240 dollars a month payment for 15 years. Would it be better to just leave it be until it pays itself and just invest?
But what four funds are they I need names
Of course your greatest wealth building tool is your income. no kidding. Dave's right the borrower is slave to the lender you can't build wealth if you're in debt. But I'm not keen & sold on investing in the stock market either it's no different than gambling where you're relying on
the whims of the markets. You have no control on what the markets going to do from one day to the next. All I know from experience is that it's up & down a gamble.
In 2015 I opened an investment account of $12,000 & the stock broker charged me $500 for his services so it leaves me $11,500 in the 6 months I never saw my stock grow it just kept dwindling down so I closed my account & all that was left was $10,780. I told my broker I didn't want to see my stock reduced to a big fat zero so I called BS & pulled out.
6 months is plenty of time for my money to grow but it didn't. So I said screw this
also stock brokers charge a fee for their services & they make money & their butts
are covered regardless if you're making money or not. I agree with Dave Ramsey saying find a broker or
financial advisor that is a teacher & not just a slick salesman just wanting your business.
Finding a good financial advisor & stock broker is not easy. I'm a doubting Thomas & I don't believe anything until I see it. The best way to find the right financial advisor is to know what their track record is. Have they made any millionaires & billionaires recently ?? As Dave Ramsey says do they know what the flip their doing ??
There's lots of hot air windbags out there. Financial advisors & stock brokers charge a fee for their services regardless if your stocks wins or loses money. I don't need to pay a professional to help me lose money but I do need a professional consultant to help me grow my money.
I read all these comments of those that made a killing well I'd like to know how they did it.
Thai dude don’t need to stop 401k he makes enough where he can pay off in a year with it don’t stop 401k
How do you get in contact with Mr Ramsey? My family could use some help ha we’re learning but would help with the knowledge of this man
I agree that the stock market is an excellent way to generate passive income. I've heard of numerous investors generating more than $40,000 per month. how can i enter the market and diversify my portfolio?
My spouse and I are diversifying our long-term investment portfolio by adding various stocks and ETFs. We've allocated $220k to begin with, focusing on inflation-indexed bonds and companies with strong cash flows. I think the current market presents a good opportunity for long-term gains, but I'm also interested in learning ways to make short-term profits.
I experimented with equities, etfs, and bonds, but I think that diversifying your investments would be the best course of action.Additionally, trading and choosing the finest stocks may seem difficult for beginners due to the numerous requirements for making effective trades. I contacted a financial advisor Lisa Rosa Cavanagh who handles and leads my investments as a result. Last year, I added my first million dollars to my portfolio. With my head held high, I'm now committed to investing.
Damn. so what can I do with 3 million when im 60 and dying barely able to go up the stairs?? pay my sons loans??
Question: When Dave mentions spreading his mutual fund investments is he talking about the plans in your 401k? So for me, I use Fidelity with the company I work for I am on their 401k plan right now. I noticed in Fidelity there are several different investment choices to choose from… Are these investment choices what he's referring to when he says mutual funds?
Wish I was still young enough to benefit from this understanding and compound interest.
I have a 401(k) and I have an IRA but when he says he split it into 25% evenly through four places then I just get confused with what we’re even discussing. Can someone send me a link in explaining what he’s talking about with it being dumbed down. My parents do not have any type of retirement and I cannot be like them. They don’t even have life insurance. Help!
so many bots in the comments smh