I started investing in stocks at 18, grew portfolio to $600k by 33. Recently, lost over 30% and want to mitigate risks. Also, planning to buy a home soon and want portfolio to grow. What should I do?

@Lewyn298

Күн бұрын

Dont think here is the place for personalized investment guidance. However, I suggest consulting with a reliable advisor to ensure appropriate investment planning.

@thelooseseal

Күн бұрын

True. I’ve been investing in the stock market for 11 years now, last 5 years with the help of a financial advisor. Through this period of advisory support alone, I've been fortunate enough to achieve a 10x return compared to my previous efforts as a DIY investor, summing up nearly $1m roi as of today. My best so far.

@Shirleypos

Күн бұрын

I admit 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.

@thelooseseal

Күн бұрын

'Kristin Amber Landis' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

@Shirleypos

Күн бұрын

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

It took me 35 years to hit 1M in my stock portfolio with an average income of 55k. I started with basically nothing and lived below my means.

@UTP504

16 күн бұрын

Congrats 🍾🎉, that takes a lot of discipline.

@Chan_Chal_Chit_1

16 күн бұрын

You should make a vdo 🙏

@cashflow68

16 күн бұрын

@@Chan_Chal_Chit_1 lol

@Chan_Chal_Chit_1

16 күн бұрын

@@cashflow68 I ain't joking . You pls make a vdo and share with us your journey of becoming a millionaire .

@cashflow68

16 күн бұрын

@@Chan_Chal_Chit_1 all it takes is spend less than you make. I chose to buy stocks in strong companies like Costco, Visa & Mastercard to name a few. Just keep investing and be patient. Stocks will always go up & down in the short term but will do well in the long run. Like 10 years. I bought Costco stock at $138 in 2014 and Visa at $29.

Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.

@bennyhinu

16 күн бұрын

From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bill and take care of my family.

@xentrezselfifp

16 күн бұрын

Yes she works with people all over the world and he's the best you can ever come across the world

@xentrezselfifp

16 күн бұрын

Sophia my life savior

@mqboobsmargarita

16 күн бұрын

It's a Miracle and I will testify of 170K bucks every month end. I now have a new Car and can now pay my bills and also support God's work in the church.

@mqboobsmargarita

16 күн бұрын

So you guys still know her

Building wealth is a lot like losing weight... slow, steady and consistent effort. Eat fewer calories than you burn and spend less money than you earn...over time you are skinny and wealthy!

@train_xc

8 күн бұрын

It is actually every good thing in life. It takes time. May it be your maturity, career, wealth or health

“Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.” - Robert Kiyosaki

@michealpnoel

16 күн бұрын

I totally agree. I put $250k into stocks with my advisor, and now I've made over $4 million in profits. I used the profits to buy properties, and they're bringing in great income. It just shows how important it is to invest in things that grow over time. It's like I'm living out the lessons right from the start of his book- Guide to investing

@eabhaconnor2

16 күн бұрын

Despite the ups and downs in the stock market, you've managed to turn your investments into good profits. Could you share the name of your advisor? I have $300k saved up and ready to invest, but as a beginner, I don't know my way around the market.

@michealpnoel

16 күн бұрын

She is well known as - Chasity George Charles. please do your own research.

@eabhaconnor2

16 күн бұрын

I am on the look out for experts and after doing my research online will say she meets my requirements, Thank you for sharing with us. I already sent her a mail hoping she can make out time in her busy schedule to assist me.

@sophialharper

16 күн бұрын

What are examples of liabilities that “they think are assets”?

Get rich slow. It grows your character. Getting rich quick only grows your ego.

@bbb_888

15 күн бұрын

:O 😮

@jaybah836

6 күн бұрын

I like this

Truly a tortoise and the ‘hair’ approach

@dstevens518

16 күн бұрын

LOL, I see what you did there...

@bbb_888

15 күн бұрын

The turtle and hare had 4 races in total tho. Which race are you referring to?

I had the same attitude dating in my 20s as your wife. I figured that at our age, a 20-something driving too nice of a car was either not managing their money well or got spoiled with gifts from a wealthy family. Both were the kind of person I wanted to avoid 😅 Luckily I did and my current partner (in our 30s) is successful and down-to-earth, and now we upgrade our vehicles when we truly can afford it, and after investments are adequately funded.

yep, my wife and I LOVE THE SLOW AND STEADY WEALTH! we are much happier now than when we tried to make fast cash fast!!!

Great emphasis on the value of pursuing slow wealth! It's a powerful reminder that wealth building is a marathon, not a sprint, and patience combined with smart decisions leads to sustainable financial health. 👍

Love your content. Lifesaving insights.

My dumb money mistake was selling my condo that I had rented out for $2k/month which was enough to cover expenses back then (2008). Today that condo can rent for 4k and the mortgage would've been paid off and its value doubled to a million. Wish someone had talked me out of it. I think about it every time I drive by that area. Time has not healed that wound yet. LOL.

At age 47 my seven figure 401k is 33% from my own money and 66% is from employer contribution and compound interest. I'll report back when my contribution portion is only 17% of my account value at age 57....then 8% of my account value at age 67. Time is magical and still hard to believe!

@getinthespace7715

14 күн бұрын

Awesome. I hope I'm on track to do the same, maybe a little behind. At 40, $250k invested increasing my contribution, will be putting $37k/yr including the employer match. Should hit 1 million by 50, hopefully.

Love this advice. Great hair 👌 😊

Great video! Keep sharing this message- it’s a vital one we all need to be reminded of. THANKS!

Excellent video. Too often we feel pressure to have it all right now and get rich quick.

Excellent video, sage advice.

Such a wise lesson. Thank you.

Very wise. Slow, steady & Smart.

Slow and steady wins the race. Younger ppl at work who want advice are disappointed when I don’t tell them the next Microsoft

Thanks for this information ❤

Amazing hair to the rescue. 😊 the true star of this channel. Love the channel, Tae. Thank you for the solid advice! 🙏

Very wise approach to money/life. Thanks for another fantastic video

Thanks Buddy. This has a lot of wisdom. I share all the sentiments.

Tae, I want to invest in whatever company manufacturers your hair care products. You have my vote for the best hair on youtube.

@ryanlutz1216

7 күн бұрын

Now THAT is buying valuable assets!

I totally agree , I like your philosophy

Error at 8:44 - both say "no compounding." Otherwise, really great video! Excellent points, and it's refreshing to hear someone share their own realistic experiences with building wealth

@jordanclarxon6246

17 күн бұрын

Glad I wasn't the only one who noticed, I thought I was going crazy. Great video though! Love Tae's insightful videos.

@babybbbb

16 күн бұрын

Hahaha came here to say this. Thanks for posting.

Love it!

True wealth is great hair.

Great video Tae! I currently work in FP&A. One day hope to achieve FI like you.

Yes, I can relate to that 😢

Get rich and stay rich, slow or fast.

@Morrsoda

17 күн бұрын

There is not fast route just like losing weight it should be your new normal (the mindset)

Great content 👌 👏 👍

I try explaining to coworkers this kind of stuff and they all just roll their eyes and go back to eating their fastfood lunches and talking about stupid shit they bought over the weekend. They are determined to be poor forever.

Hey Tae, what’s that one website you mentioned that helps with obtaining skills? It was a promo

Warren Buffett, who made 97 percent of his money the last few years due to the power of compunding, says the number one rule to investing is Don't Lose Money. That pretty much screams don't take outsized risks. Buffett is the best, most obvious, and most successful example of slow wealth. If you had been investing for 80 years without doing stupid stuff like Warren, you'd be damn well off by now too. Start yesterday, index, and keep piling it in...

Can you write a book called slow and steady path to wealth?

Was just watching your slow is smooth smooth is fast last night

love the video, there is a mistake in the slide in the compounding magic section

Going for the Silvio Dante hair do

I stand by this approach but if you see rare opportunities in the market in certain investments you need to take it. I’m up 500% in 2 of my investments in the past 4 months. If you leave emotion out of investing you can make great money.

8:45 - text error, "no compounding" repeated twice in the powerpoint.

8:17 inflation ? More like 6% avg over the long run after inflation. This is almost Dave Ramsey reality distortion.

🔥🔥🔥

Hey Tae , very good video . I can do better editing in your videos which can help you to get more engagement in your videos . Pls lmk what do you think ?

I invest AVGE

Tae do you age???

I hope you come to understand Bitcoin someday. I'm not advocating for 100% allocation, but some allocation. Bitcoin is a slow and steady path to wealth. Proof of work. Most critics don't understand it and will, oftentimes, just repeat what their politicians and fiat minded financial advisors say.

@dstevens518

16 күн бұрын

Most professionally managed pension funds for BIG organizations have some bitcoin investment in them, usually a very small percentage (like less than 1%). But it's there, to prop up their return, they hope...

High return means high risk, and the odds are almost always against the return. Unfortunately, winners usually speak the loudest, so many people are compelled by success stories.

@bbb_888

15 күн бұрын

I disagree. I believe high education equals low risk.

❤

😂 she was no match for the TK hair!!

Works only for young people. I don't have the time for it 🤷‍♂️

@dstevens518

16 күн бұрын

Actually, imo, this method is the ONLY guaranteed one, regardless of whether you have time or not. Taking outsized risks cause you're in a hurry is no guarantee you're going to move forward, more likely backwards... so having not enough time means you're looking at severely cutting costs and ploughing all your energy into sure ways to increase your income, NOT take risks that will actually just waste more time. Cause you don't have that luxury...

What I’ve learned…have amazing hair.

I'm 40, living in a third world country and only now on a path to becoming financial literate. Worst of all, I already have thinning white hair. I feel like I've already lost the game and I have no time left to pursue slow wealth. What hope is there left for someone in my situation?

@dstevens518

16 күн бұрын

40 is NOT old, you have lots of time to get it together. Right now, nearly HALF of those between 55-65 in the USA have ZERO saved for retirement. You have a 15-20 year head start on them, maybe more if you at least have something already.

@bbb_888

15 күн бұрын

The guy who created KFC was 65 years old!

Sorry Kim but I put all my eggs into the resurgence of GameStop

I vote for 22 year old hairstyle being 2024 style.

Everyone in their 20's watching this video: "So how do I start day trading Bitcoin?"

so the key is to succeed is to have good hair 😏

I tell young people the fastest way to get rich is to live at poverty level for 10 years and invest every single dime. Just make sure you have a good emergency fund. They just stare at me like I’m nuts.

Stop giving a sh*t about what other people think.

@chrissypoo69

16 күн бұрын

I am living to learn this. No one pays the bills. We have nothing to prove to anyone

To be fair, you do have pretty amazing hair 💈

The volume is low . Please speak louder ... U r barely audible 🙏

Less incentive to be unethical

tl;dr great hair > great car

Instructions unclear… I’ll I learned is that having great hair leads to wealth and ladies….

@craigculford4963

17 күн бұрын

FR

@02nupe

16 күн бұрын

Instructions were pretty clear to a lot of us 🤷

@BENR8108

16 күн бұрын

@@02nupe that whooshing sound you hear is the joke going over your head….

Dude really said that anyone who's claimed they made big money in the markets in a short period is either lucky ir lying? Talk about ignorance. I spent my first 15 years or so of retirement as a successful day trader. This guy just says it's impossible because he can't do it.

@MJHiteshew

13 күн бұрын

Cool story bro. You got lucky. For everyone like you, there are 10 others that did just the opposite.