The home I purchased in 2023 has appreciated by $60,000 since my acquisition. However, the downside is the diminishing value of the dollar. I am currently contemplating strategies to reinvest $300,000 in the real estate market.

@Robertgriffinne

Күн бұрын

Portfolio diversification is very advisable in the investment plane, well I think you need to get a financial expert to assist you with the best financial goal.

@traviswes7082

Күн бұрын

Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2020, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.

@instinctively_awesome8283

Күн бұрын

Once you hit a big milestone, the next comes easier.. would you mind dropping info of your Investment-Adviser please? I'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance

@traviswes7082

Күн бұрын

Kathleen Cheryl Constantz is the certified CFP I use. Just search the name on the net. You’d find necessary details to work with to set up an appointment.

@instinctively_awesome8283

Күн бұрын

I just googled Kathleen 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.

It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.

@cloudyblaze7916

8 күн бұрын

I understand how you feel. It's a little bit difficult to navigate things these days. You don't wanna lose whatever is left. I may suggest that you find a financial advisor who could give you thorough advice on how to go if you want to go the investment route. Also, the fact your business failed doesn't mean you should give up.

@albacus2400BC

8 күн бұрын

That's right. I have tried many failed businesses and it's just a step further. Don't despair. But to add, if you do decide to use a financial advisor, it's best you use someone who understands your special needs and can work with you. I learnt this from experience before finally finding one I can stick with. Now I make six figures from my investments alone, and even more from my businesses.

@mohican-jx6fx

8 күн бұрын

Thank you for the advice. When you say financial advisor, are you talking about hedge funds? And how do I get in touch with on

@albacus2400BC

8 күн бұрын

Hedge funds are good, but because of their scale, they are quite bureaucratic. The majority of independent financial advisors are available online. For example, Sharon Lynne Hart, with whom I collaborate, has a webpage. There must be more excellent ones. just do your research.

@ElenaFrankfurter

8 күн бұрын

It's so much difficult to buy a house now than it used to be. Things deteriorated real quick.

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

@StocksWolf752

Ай бұрын

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

@EleanorBaker474

Ай бұрын

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

@StacieBMui

Ай бұрын

How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings

@EleanorBaker474

Ай бұрын

“Sonya lee Mitchell’’ 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.

@FCS81

11 күн бұрын

8% interest rate in 1990s was not a big deal compared to now. Houses in the 90s were a fraction of what they are now. I pull the trigger in a heart beat on a 200k house at 8% right now. But 1st you are getting a shoe box for 200k now vs the 90s. Plus insurance rates and property taxes are outrageous compared to the 90s.

As part of my retirement plans and also owing to the very shaky housing market now, I just sold a property in Philly and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains in months, I'm really just confused at this point.

@alakbar7870

6 күн бұрын

First of all, how much is it (in NET value after all costs and taxes) that you got for the sale of that property in Philly? If it was somewhere in between $500K to $1 million, then you should definitely ask those people how they made a $200K return IN MONTHS from investing that kind of money, because that would be a pretty nice return in a small amount of time. And please share with the rest of us, if you don't mind? 😌

@carssimplified2195

Күн бұрын

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge, And it also all depends on how long you're willing to hold for, stocks might likely tank further, but making serious gains in this downtrend wouldn't be a problem if you're a pro.

@Pamela.jess.245

Күн бұрын

Reason I decided to work closely with a broker ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.

@PatrickFitzgerald-cx6io

Күн бұрын

That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind suggesting the adviser you're using ?

@Pamela.jess.245

Күн бұрын

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’COLLEEN ROSE MCCAFFERY” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

@TariqSinghKhan

21 күн бұрын

I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.

@EmiliaAbelard

21 күн бұрын

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.

@NatalieFormor

21 күн бұрын

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?

@EmiliaAbelard

21 күн бұрын

Viviana Marisa Coelho 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..

@scottjuarez9549

21 күн бұрын

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.

The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...

@TariqSinghKhan

17 күн бұрын

I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.

@NatalieFormor

17 күн бұрын

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.

@RebeccaSheer

17 күн бұрын

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?

@NatalieFormor

17 күн бұрын

ELISSE LAPARCHE EWING 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..

@scottjuarez9549

17 күн бұрын

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

Do it. Blcktken300 already in my bags. I had a Blcktken300 after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.

@DandriaPerkins

Ай бұрын

Blcktken300’s recommendations have transformed my approach to money management. I’m saving more, spending wisely, and investing confidently.

@AfraBenson

Ай бұрын

Blcktken300’s expertise in financial planning has been a lifesaver. They’ve helped me navigate some tough financial times with ease.

@RonnaBush

Ай бұрын

Blcktken300 goes above and beyond to ensure their clients understand and are comfortable with their financial plans. Highly recommend!

@AnneWilliams-ek7gp

Ай бұрын

Blcktken300’s passion for helping others with their finances really shows. I’ve learned so much and have seen great results.

@RhaelynCharles

Ай бұрын

Blcktken300 has an amazing ability to simplify complex financial concepts, making it easier for me to make informed decisions about my money

The not buying a house does not work in the UK as 90% of rents are higher than a mortgage cost. Also if you want to start a family you need a stable place to raise your children and with renting you can be kicked out within a few months notice and your whole life could be turned upside down.

@4thought___

9 ай бұрын

In Australia too.

@yonchrr

9 ай бұрын

Dnt have kids.

@anishpatel344

9 ай бұрын

Sorry but where about are you based? Here in the South Rent is absolutely not higher than mortgage monthly costs lol. Your principle most likely works in the North where houses are cheap but not anywhere near London or its surroundings Oxford, Cambridge etc

@Zanmato_7

9 ай бұрын

Exact same in Ireland absolutely terrible advice from this guy.

@inndia

9 ай бұрын

@@anishpatel344absolutely

Bought my small house and now mortgage free. Paid into a pension since 21 yrs old and now retired at 55. Not huge monthly payment but life and no longer working was always my aim and debt free. Happy, very happy.

@terryloker2585

9 ай бұрын

Most people i speak too that have retired would love to be back at work . I had a week of last week and was bored sh@tless LOL I now know what they're on about . What the heck do you do all day ??

@2dogsahooman677

9 ай бұрын

@@terryloker2585 lol. Walk my dogs, potter in the garden, meet friends and family, read, weekly blow dry lol. Had a very stressful career and am enjoying the sheer lack of it now. Spent time on myself, lost weight, no longer diabetic or have high BP. Am healthier now than I was in my 30’s. Love my life.

@lukewilliams7020

9 ай бұрын

What do you do with your time. Aren’t you bored?

@terryloker2585

9 ай бұрын

@@2dogsahooman677 Oh your female . Sorry didn't realise that bit . Ok most men i speak to would rather stay working LOL

@dickieblench5001

9 ай бұрын

Retirement=death's waiting room

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

@rannyorton

Ай бұрын

I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap. It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash,

@Patriciacraig599

Ай бұрын

I thought about investing in the real estate market, I heard that people make millions , but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $460,000 but it's hard to bite the bullet and do it. Money is hard to come by

@smithlenn

Ай бұрын

The best course of action if you lack market knowledge is to ask a consultant or invest-ing co-ach for guidance or assistance. Speaking with a con-sultant helped me stay afloat in the market and grow my port-folio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

@latanyaconlontl5849

Ай бұрын

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.

@smithlenn

Ай бұрын

I definitely share your sentiment about these firms. When I was starting out, I checked out a couple of freelance investors online, so you could do the same. I personally work with Julia Hope marble, and she's really good.

Started my portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education!

@eloign7147

2 ай бұрын

Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds?

@rogerwheelers4322

2 ай бұрын

There is 55% overlap with the holdings in VOO and VUG. 1 is tech heavy and the other is financials heavy similar, but not the same. VOO tracks the S&P 500; VUG is just focused on large cap growth stocks. VUG is a bit more volatile, but with a higher upside potential. VOO is a bit safer. I’ve never heard anyone advise against multiple ETFs/mutual funds. You just have to be aware of overlap. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

@joshbarney114

2 ай бұрын

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

@FabioOdelega876

2 ай бұрын

I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

@joshbarney114

2 ай бұрын

Finding financial advisors like Natalie Noel Burns 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.

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

@sloanmarriott5

8 ай бұрын

Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?

@BaileyHoward101

8 ай бұрын

Absolutely not, as I've closely tracked my portfolio's performance, witnessing a staggering $482k growth in just the last two quarters. This experience has taught me the secrets behind experienced traders' substantial gains in what might appear as unpredictable markets. Undoubtedly, it's been a bold and rewarding choice I made fairly recently.

@disney-hefner

8 ай бұрын

That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?

@BaileyHoward101

8 ай бұрын

Camille Alicia Garcia" serves as my advisor, bringing extensive qualifications and experience in the financial market. Her deep understanding of portfolio diversity positions her as an industry expert. I suggest delving into her credentials for further insight. With her considerable experience, she offers valuable guidance to anyone seeking to navigate the complexities of the financial market.

@lilyhershey1

8 ай бұрын

Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive.

borlest forbidden money books (thank me later)

@kfckfc961

2 күн бұрын

I couldnt find it on amazon, can you give me pointers

@kfckfc961

2 күн бұрын

Richard dotts the author is that who you mean😮

Im staying in Blcktken300 till after ETFs being approved and will move into alts after that...

*Great Video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach*

@ElsonAdane

27 күн бұрын

@NurseMirah-hn4ci

27 күн бұрын

The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

@Mesaltequerida

27 күн бұрын

A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some

@EvelynNorado

27 күн бұрын

I feel sympathy and empathy for low income individuals who are struggling to survive. If it weren't for my investments with Camila Lucinda I wouldn't be where I am today.

@LigoSam

27 күн бұрын

Interesting, you also trade with Camila? That woman has been a blessing to me and my family as well.

I bought my house 10 years ago. My mortgage is 711 a month. Houses up my block rent for 1850 a month now. I’m happy with my purchase.

@robinluich6626

8 ай бұрын

Absolutely. A home purchase during the housing crash is definitely paying off now. Our mortgage is way lower than rent these days.

@jamies6534

8 ай бұрын

You just highlighted the exact point he's making. The real cost of owning this property isn't $700 a month.

@MrScaramoosh

8 ай бұрын

The NWO will soon change all that, unfortunately.

@anthonyrossi2001

8 ай бұрын

@@jamies6534 $711 includes my taxes and my and homeowners, monthly or yearly cost that I put into this house would never reach the 1850 that people are paying up my block plus it seems to go up $100 every year the rent that is, I bought this house for 110,000 and now it was estimated at 279! I don’t even believe that I would be able to afford to live in this neighborhood anymore if I had to pay $2000 a month. A neighborhood I grew up in and want to stay in. Also, I have it to pass down to my family. The reality is every situation isn’t for everybody. I understand that, but he just made a blank statement that you should never buy a house and I don’t agree.

@louisejoel

8 ай бұрын

Are the employers your region having trouble finding staff or do they hire live in staff?

Retirement for some people becomes their bondage in poverty because they failed to invest with the little they have on their active years of working, this is an error we need to start working on now, I’ll advise that while you still can work and earn also take some money aside and invest in your future after retirement so this classification won’t have to be yours

@DeborahPearson-ng2cs

8 ай бұрын

You are right.!

@SandraPatterson-di6xh

8 ай бұрын

I invested $10,100 with her and she made profit of $53,000 for me just in 5days

@AnaOliveira-io1hx

8 ай бұрын

I have seen a lot of Positive post about this Shanita Creswell. Please how do I reach her?

@JoeCloud-hy2uc

8 ай бұрын

The philosophy of the rich and the poor is this " the rich invest their money and spend what is left, the poor spend their money and invest what is left"

@JoeCloud-hy2uc

8 ай бұрын

Poor people think about what they can buy with their money, rich people think about what they can invest in with their money.

I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on Blcktken300 and a 15x on polygon are fair considering how much those two coins are interwov

Wasn't Alex Becker a private investor for Project Blcktken300 . It's been killing it lately. Do you think it's still got room to move.

@peterjohansson739

2 ай бұрын

No, it already moon and Alex Becker used investors as exit liquidity.

My experience. I purchased a house in 2013 with 20% down. My total payment including taxes, insurance, HOA is $1,800/mo. As of today, this exact same house is renting for $4,200. The property value has also gone up 3x! I'm glad I bought my house.

@napyhed4754

8 ай бұрын

Me too. I built equity in my first house and was able to pay cash for this house. I watched my elders on a fixed income renting in a retirement community where they raise the rent! That was years ago and my goal was to have a place to live when I am too old to work.

@janepenston1778

8 ай бұрын

Same, we are so blessed to buy in 2005 . 300 now ite 450 crazy, we pay 1200 a month same house to rent is 2800..wow

@lgee9027

8 ай бұрын

Me too!!! I bought in 2-09 in cash!!! No payments for 14 years and I have freedom to work part time!!! Car paid for in cash also🎉🎉🎉🎉

@jacksongrace1685

8 ай бұрын

I bought my house in Australia, 2020 middle of covid. 500k. Now worth 750k AUD. Equity to use for shares/ another house. Not buying a house has closed the door on people's ability to live in their own house forever. He talks about 7% annually with bonds however doesn't talk about the inflation rate being 7%.

@jacksongrace1685

8 ай бұрын

I bought my house in Australia, 2020 middle of covid. 500k. Now worth 750k AUD. Equity to use for shares/ another house. Not buying a house has closed the door on people's ability to live in their own house forever. He talks about 7% annually with bonds however doesn't talk about the inflation rate being 7%. Realistically you need to atleast get 10% returns for it to be "profitable".

It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.

@MarkGrimm8

8 ай бұрын

I recently sold my home in the Boca Grande area and am considering investing a lump sum into the stock market before the anticipated rebound, couple of folks have been discussing a potential May rally, speculating on which stocks may experience substantial growth during the festive season. Do you have any insight into which stocks these might be?

@DaleHorne8

8 ай бұрын

If you are new to the market, I recommend seeking professional assistance. The most effective approach to creating a well-organized portfolio is to begin with a professional who is knowledgeable about the turbulent yet profitable market.

@JordanPortales

8 ай бұрын

Over the past three years, I have been working with an investment coach who has provided daily guidance on my investment decisions. With their expert analysis, I have realized gains of over 850k. Their insights have helped me avoid losses and capitalize on market breakthroughs, particularly during downtrends.

@ritalorrigan

8 ай бұрын

@@JordanPortales I'm intrigued by your experience. Could you possibly recommend a trustworthy advisor you've consulted with?

@MrAndy1010

8 ай бұрын

is it difficult to predict? i believed months ago interest rates would go higher and house prices would drop. i have no training but this guy explained it was inevitable .depends on who you listen to .People who remain in the same job when they are consistently wrong and not accountable ? the housing market applies to people who can afford to buy .this guy predicts that every generation will get poorer and it will continue.The number of people able to buy will reduce as the number of properties owned by rich can only increase and be rented with government policies which favour them .there will be more of a difference between the super rich and everyone else.the system is built that way .the tax on income is way more crushing than tax on wealth (assets owned by the wealthy )if leaders were concerned with fixing the economy have they not had enough time to do it(centuries)or want to actually do it ?the super powerful and wealthy have done so over generations and passed it on. how can every country have the same problem now ? it has been fixed to benefit a certain protected group. there has been a larger increase in the number of millionares and billionaires in the last 2 years than any period in the history of mankind. im not suggesting every politician is corrupted .some are incompetent but they are managers for the global business NOT representative of the people kzread.info/dash/bejne/Y2mOpqdplpzZj5M.html

Blcktken300 is young. Holding almost anything mentioned here is a good hold because the VHS or Beta will only show in time. I want to hold them early. Its sad that most dont think of these things as good future holds instead of being out of the market and bottom hunting. Are we the adopters or are we scavengers? surely one of these layer ones will become the standard and i dont want to sell any of them too early.

Need more Blcktken300 content. Converted my ETH to BTC but kept my Blcktken300

Let's discuss the Blcktken300 guys. This is failproof and barely any asset can be labelled failproof at all.

@niasanford

2 ай бұрын

Maybe a dumb question but what is Blcktken300??

@parablesmusic5904

12 күн бұрын

​@@niasanfordright!?! It's all throughout the comments! Hold on one sec.. lemme Google it!

@parablesmusic5904

12 күн бұрын

@niasanford looks like some sort of crypto scam!

I bought a house! It's the best thing I ever did! It's launched my mindset in new directions! Remember that having your own space has profound phycological impact and can be life changing for some that dont live in a healthy environment

@kdel45

9 ай бұрын

I agree. Not every decision in life needs to be about making money and being rich.

@rustyshimstock8653

9 ай бұрын

This has been my experience, too. The great thing about a house as an investment is that you can live in it. Once it is paid off, living rent free is a fantastic retirement benefit. I also happen to be a person who likes to modify things.

@christinewilliams4693

9 ай бұрын

@@rustyshimstock8653- it’s great to live freely after you’ve paid off the mortgage……until you need care and then the council takes your house to pay for it and you’re beside someone who lived in rented accommodation! I wouldn’t advise anyone to buy a house nowadays or if they did want the security, do the share purchase and put down the bare minimum for the mortgage element. If you lose your job, you’ll get benefits for the rental element but only the interest element of your mortgage.

@thementribe

9 ай бұрын

It’s true that a house paid off is such a blessing and mentally satisfying. Though, depend where you live, some homes needs 20-30 years to be paid off. So if you live in low cost cities then that makes sense. In high cost cities, buying a home is super expensive

@Beez27

9 ай бұрын

My mortgage is significantly lower than what it would cost to rent.

I'd love to invest in stocks after listening to a guy on a podcast talk about the importance of investing and how he made over $300k in few months of investing into stocks from $175k initial capital, somehow this video has helped shed light on some things but I'm confused about the current market volatility I'm new to this and I'm open to ideas.

@mazzymaz6158

7 ай бұрын

I started investing recently. It's mentioned in the video- s&p500 is your safest investment. Historical data isn't a reflection of the future however it has always performed well. Plus you've not put all your eggs into 1 basket, you literally part own the top 500 US stocks (504 to be exact). So if any company doesn't perform as well as it should, it just keeps going down the list, good performance companies move up the list and it's regularly reviewed. The s&p is your starting point. All the best 😊

@jessicagrigoryan3203

7 ай бұрын

I lost in stock with professional , it’s a lottery

@andrejszasz2816

7 ай бұрын

Didn’t they talk at one point about NOT hiring an advisor, because long term the cost involved is paramount ? Something about 1% fee turns into 28% lower profit, 2% fee into 56% or so? 🤷🏻‍♂️(they didn’t specify the time frame though, I assume they calculated with retirement age, so pretty long term)

@JB-qt3wo

7 ай бұрын

Yes, agreed. In these difficult times, it is tough to make a return on your investment. I recently earned $500K in emerging market funds at the recommendation of my financial advisor: SHLOMO HEIMBERG.

@shutupntakemymoni

7 ай бұрын

Blah Blah Blah S.C.A.M

Love the Blcktken300 content. I think this project is just as essential as HBAR and they both will be great movers

Nice work. I’ve been on the Blcktken300 train for a while, never sold as they are always building.

@GalaxyaSpeaks

2 ай бұрын

Why would anyone need so much money at the age of 69? I mean, it's foolish to save in a fund all your life just to have 13 million dollars at 69. What utter nonsense. 😀😀😀😀😀😀

At the very least, I understand the concept of leverage. Making money and achieving financial independence isn't as difficult as many people believe. With the right information, it is much easier to build wealth and maintain financial stability indefinitely. The only true way to earn a lot of money and stay wealthy indefinitely is to participate in financial programmes and products.

@sheldonevans8465

8 ай бұрын

Most people simply enter the foreign exchange market without comprehending matters like this. The first stage in building money is determining your goals and risk tolerance, which you may do on your own or with the assistance of a financial counselor who works with a verified Finance agency. And also you can learn the facts about saving and investing and create a clear plan, you should be able to acquire financial security over time and enjoy the benefits of income management.

@anneschneerer3578

8 ай бұрын

I've been making over six figures passively investing with Joseph Sylvan Anderson, who showed me the right community to join and grow my finances, and I don't have to do much work. I will always make money, even if the market is crashing.

@adamsynder6300

8 ай бұрын

He does appear to be very knowledgeable about this subject. I discovered his online page after conducting a Google search for his full name. I read through his resume, educational background, and qualifications, and it was very impressive. I left him a note and scheduled a call with him.

@louwegner3175

8 ай бұрын

That is why I work with Joseph Sylvan Anderson, who introduced me to a better financial community, a verified agency where I learned about money and how to make it, and free books, courses, and daily lectures. You can also meet new people, which was the best decision I ever made.

@cadenkerr873

8 ай бұрын

You'll be better positioned for success in life if you work with a financial advisor like Joseph who has extensive experience in a reliable financial firm. The reason it's always a good idea to join the right community is because I'm glad I was able connect with "Joseph Sylvan Anderson" earlier this year because, while others were lamenting the market's decline due to the state of the economy, I was busy learning from him and eventually made over seven figures in the first quarter alone.

I lived in a caravan next to a loch and some woodland for 8 years, saved a big deposit and bought an old stone semi rural cottage for £57k. Only a few years left on the mortgage. I dont care about being rich but my own home means the world to me!

@evelynemmanuel6689

2 ай бұрын

So do I.

@9737119088

2 ай бұрын

That's great

@SM-cg5uy

2 ай бұрын

Caravan? Like a circus caravan?

@nekozombieraw

2 ай бұрын

I'm guessing you're not fromt he UK. A caravan is an RV in the US @@SM-cg5uy

@SM-cg5uy

2 ай бұрын

@@overthinc I think it means a trailer. (?)

Great video. Im a huge Blcktken300 fan and love your videos on it.

@dero2430

24 күн бұрын

That's a scam.

Blcktken300 gang in the house! Thanks for the analysis!

The S&P 500, if one sticks with it, outpaces inflation by many percentage points. I just want my money to keep outgrowing the inflation rate. That is why I'm looking for companies now to put in $80k for a start. Just don't know how to proceed

@EverlyndPerez

7 ай бұрын

I've totally stopped believing in the S&P to deliver any significant return, especially this period. I'm thinking of redistributing my portfolio to other stocks, but I hardly know which ones will do well.

@Theresaa12

7 ай бұрын

This is probably what I should do. Who is your advisor, please?

@MustRlw4mr

7 ай бұрын

What is her full name please@@HarrisRyan-oy8eo

@__Salty

7 ай бұрын

Partner with me, back multi family rental property. You provide money , I will find, buy ,rent and share in monthly returns. Old school bread and butter. East coast.

@ms.ladysanders3939

3 ай бұрын

​@@__Salty😂😂😂

I'm DCAing in Blcktken300 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

The best thing I've done is to start reading Newsletters on business/marketing etc. In my bio I have links to my favorite ones

@williamerdle7726

7 ай бұрын

😊

@williamerdle7726

7 ай бұрын

4

@RudolfJvVuuren

7 ай бұрын

Who is your advisor and how can I contact him?

“ how can you judge someone based on a reaction to a situation they’ve never been in?” what an amazing quote.

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.

@smithlenn

2 ай бұрын

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

@Patriciacraig599

2 ай бұрын

The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations

@rannyorton

2 ай бұрын

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, "Julia Hope Marble", whose expertise in portfolio diversification is unsurpassed and client-focused, my portfolio has gained almost $643k since January 2022.

@smithlenn

2 ай бұрын

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same.

@rannyorton

2 ай бұрын

I definitely share your sentiment about these firms. When I was starting out, I checked out a couple of freelance investors online, so you could do the same. I personally work with Julia Hope Marble , and she's really good.

My Blcktken300 shorts are doing pretty well and I plan to hold much longer.

This beyond amazing. Whoever’s reading this hope you find success.

@svenoliver6040

6 ай бұрын

I am fortunate I made productive decisions that changed my life forever through my finance mentor. I'm a single parent living in Bn Italy, bought my second house in April and hoping to retire at 40 next year.

@yung1448

6 ай бұрын

curious on how to achieve success, got any??

@svenoliver6040

6 ай бұрын

To possibIy grow your finance, a mentor is needful to make it a reality. I engage in aIot with the ldeas of my mentor and so far have achieved so much already.

@svenoliver6040

6 ай бұрын

sear ch her fuII name beIow, if you care

@a-k9161

6 ай бұрын

BS lol

Not everyone buys a house for prestige. I live in a property that I own for a feeling of security and comfort in more ways than one. I lived in rental properties where the owner sold it from under my feet. I had strangers coming through the home I was living in. It was an inconvenience, to say the least. It came at a most inconvenient time when I had to put my energy into looking for another property to live in. So from then on, while renting, I was concerned that the owner may sell the property at any time. I hated the regular inspection of the real estate agent coming through where I lived. Owning my home I can have an animal at any point I choose to, whereas renting requires permission from a landlord who may not agree to it. In certain houses, the landlord won't even let you put a hook on the wall to hang a picture where a picture would belong. I can put my creativity into decorating my home, painting whatever colour I like and making adjustments to improve the function of the house. I am now mortgage free, and I am so glad to achieve my goal.

@NewWave-zl6wx

8 ай бұрын

I feel the same. I hate renting and can't wait to get my own place.

@naomnumsa5142

8 ай бұрын

Totally agree, I have been renting for 20 years and when I calculate money I have paid and not happy where I was its more half a million. I decided last year to buy my own stand to build its lots of work but never been more happier and for my family and future generations and I don''t owe anyone.

@sallygardiner7150

8 ай бұрын

I would sooner choose to own my own home; than travel and stay in swanky hotels. I also have part ownership in a small city rental (no mortgage) and the rental return is more than I could make by otherwise investing my money on the stock market - which to be honest, I don't understand, and in the past have only made losses on my investments.

@johnwick6281

8 ай бұрын

Well you can't keep renting a place forever lol

@sevensages5279

6 ай бұрын

Not to mention in many states in the USA, rents are raised annually.

Having a one year emergency fund is honestly extremely hard when rent is around 1500 for a single bedroom 😭

@ering1107

Ай бұрын

I guess if you only make $2000 per month.

@sarahuber8567

Күн бұрын

So true.

I think Blcktken300 will be the most important project in crypto. But HBAR sounds nice too. Will buy some with my Blcktken300 earnings lmao

Buying a house was literally the best financial decision I ever made. I bought it using the bank's money, it was cheaper to make the repayments than it was to rent, and the increase in value has been far more significant than any other asset class. No brainer.

@leerobbo92

9 ай бұрын

Exactly this. It's a stupid oversimplification on their part which shows how out of touch these talking heads are. Yeah, paying more for something should be avoided where you can: but what's the counterfactual? Rent in the UK is fucking ridiculous, and it works out better to own. You'll be lucky to get a 2-bed flat for less than £2,000 a month in London, and if you do you probably have to deal with damp or appliances at the end of their life or some other building issue. Over 30 years that's £720,000, in today's money.

@happylucky7354

9 ай бұрын

Exactly you can always sell the house at a profit but you can never get your rent back

@TheTexasTakebyMissVikie

9 ай бұрын

Same I saved & paid Cash for my house now it is Worth OVER 100x more than what I paid for it Miss Vikie 🕊💖🕊 Texas USA 🇺🇸

@Cason40

9 ай бұрын

@@happylucky7354 ALWAYS sell the house at a profit? Maybe. Owning USUALLY costs more than renting, and the difference between the two could be looked at as the "same profit" as when you sell the house. Owning comes with costs not associated with renting. Taxes, insurance, and costly repairs. Factor those in and a renter could possibly come out ahead of an owner. As he stated you just have the run the numbers but the overlying thing here is do what makes you happy within reason and according to your personal amount of joy.

@Sydwiz9999

9 ай бұрын

you have to do what's best for you though!! for some people ownership might not make sense if they don't know what kind of life they may want for themselves years down the line, or if it's not a priority for them. it's give or take!

I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.

@TheJackCain-84

2 ай бұрын

Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.

@martingiavarini

2 ай бұрын

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

@bob.weaver72

2 ай бұрын

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

@martingiavarini

2 ай бұрын

Carol Vivian Constable 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..

@bob.weaver72

2 ай бұрын

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.

My morgage is $750 a month.. renting in this area is $1500. And luckily in 9 years weve had no expensive house issues.

In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.

@leojack9090

8 ай бұрын

For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

@fadhshf

8 ай бұрын

I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

@lowcostfresh2266

8 ай бұрын

You are right! I’ve diversified my $450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.

@TomD226

8 ай бұрын

@@lowcostfresh2266 Do you mind sharing info on the adviser who assisted you?

@TomD226

8 ай бұрын

@@lowcostfresh2266Do you mind sharing info on the adviser who assisted you?

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

@KevinClarke9

7 ай бұрын

The US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look. My wife and I are retiring this year with over $7,000,000 in tax deferred investments. up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year.

@LukeMcfarlane5

7 ай бұрын

Same here, 75% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.

@ritalorrigan

7 ай бұрын

Hello, I am new when it comes to investing and i would really appreciate if I could get some tips about where it is worth to invest in (ETFs, Stocks, Growth stocks, Dividend stock etc.)Please do you mind referring me to your financial analyst?

@LukeMcfarlane5

7 ай бұрын

My advisor is Christine Jane Mclean, 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.

@ritalorrigan

7 ай бұрын

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

Is it the sign of a good podcast the amount of times that you return to watch it again, or is it the knowledge that is gained? Once again Steven you have knocked it out of the park. Your work has done so much to improve the quality of my life. Thank you.

@SS-rv1mb

Ай бұрын

Yes, excellent work..I love the long form and no interruptions. Also the nuggets of information that cause me to reconsider an existing belief.

This episode was so helpful, and honestly, this is one of the best podcasts out there. I feel like I've learnt so much since I started following your channel. Thank you for producing such great content!

I’ve listened to him for years. He uses the “Don’t buy a house” thing, not because it’s necessarily true, but because it’s controversial and riles people up, which is how he gets people to follow and pay attention to him. It’s a brilliant marketing trick. The truth is that for many, a house is a good way to keep your rent steady, while for others, it’s not that helpful. The answer is it depend, but by taking a strong stake against buying, people will endlessly debate this idea in the comments of his videos, which the KZread algorithm loves

@coreyschneider4041

8 ай бұрын

Agreed. I like your “rent steady” comment. My friends who bought houses 15-20 years ago have mortgages of $1,000. While people who rent pay $3,000. Renting catches up to you and steals all your raises and disposable income.

@Andy-wo9bm

8 ай бұрын

Yeah well people are sick of “marketing” tricks and want real mentorship and honest advice, pass on this big stock fund management company poster boy.

@cybtb

8 ай бұрын

​@@Andy-wo9bmThen read JL Colins, 'A Simple Path to Wealth'. You won't regret it.

@xXtdudeXx92

8 ай бұрын

Yea. He is a bit of a clown show

@daily23

8 ай бұрын

dudes... just listen till the end. He talks exactly about that and says how people misinterpret him. Starting at 1:33:20

My grandmother taught me hese things when i was young. She said 1)never get into debt and never use credit cards 2) split your income in five and put money away for a)expenses (food, shelter, clothing transportation) b) invest in a small bussiness not stocks c) a dream you have, sth you enjoy d) education or new skill you want to learn e) save for a goal, what are you saving for? She was a great with money. But society and marketing tells you the opposite... that is why everybody is living in debt... or paycheck to paycheck

@justcurioushuman

2 ай бұрын

I had student loan that interest rates were lower then bank interest rates so I earned on it... We had small business that was waste of several thousand £, I earned from stocks... I have master degree and earned less then people who worked physically in our company. Over last 8 years we would already own half of the house that we now rent...

@iaf4454

2 ай бұрын

@@justcurioushuman getting a loan be in debt pay it off to have a master degree and being paid less than those who dont have a degree in the marketplace.... I dont see the positive thing here...that is sth that nobody understands, it doesnt make sense

@justcurioushuman

2 ай бұрын

Just reality of what you said as an advice... I actually earned on this loan if you read properly - about 3-5% over inflation. It's because some of interest rates were paid by government. I hadn't use these money - most of it I kept on term deposit. Education in Poland is free but it was a waste of time. I would earn during that time much more and probably learnt more... Would gain experience. @@iaf4454

@esb143

Ай бұрын

I think you’d really like the book “the psychology of money”

So thankful I was able to buy my condo in 2019. Renting in the same area would cost me $1500 more per month now and I wouldn’t have $350k in equity.

I recently discovered your channel while browsing for something else. I've already watched 5 episodes and found them to be the best and most informative. As an artist I can paint with my right brain, my left brain is attentive to your content, which is on auto-play. I appreciate the amount of knowledge I gain from your episodes and I often share your work. Thank you for providing intriguing, entertaining, and educational content for everyone to enjoy and learn from. Keep up the excellent work!

I am seeking some investment guidance. It seems like I am never able to identify trends, options always go against me, and I can't utilize scanners efficiently. I am looking for a simple reproducible passive income strategy that supplements my income and eventually replace my wage income.

@Andrian-ch3on

7 ай бұрын

While I don't consider myself an expert in this field, I'm sure you will find the expertise and support of an adviser invaluable.

@JacksonMiley-iq7mo

7 ай бұрын

I have $50,000 USD that I'm considering investing in the stock market. However, I must admit that I lack the knowledge and expertise in this area. does anyone have experience in this field, and I was wondering if you could kindly point me in the direction of your advisor or someone you trust for guidance in making informed investment decisions. Any help or recommendations you could provide would be greatly appreciated. Thank you in advance for your assistance.

@Andrian-ch3on

7 ай бұрын

You may Know Michelle Christine Parker but If you don't you may do some looking up and thank me later. She's been my adviser for the most part and it's been a smooth ride

@RickMckee-nq4ni

7 ай бұрын

Thanks a lot. I just googled her up.

@meganrichter9748

7 ай бұрын

If you want to be passive, an advisor or fund manager is the way to go. If you want to be a little more in the know about your options I'd recommend the textbook Essentials of Investment by Bodie, Kane, and Marcus. You can then ask an advisor about their experience with any of the strategies explained in the book to get a better idea of their real life application. If you have a low risk tolerance, go for stocks in the consumer staples index. These will have slow but consistent growth and usually maintain a stable price even during recession because consumers still need toilet paper and toothpaste even when the economy is down. If you want to take a more aggressive approach, a fund manager with years of experience and access to algorithmic data will be able to foresee upcoming opportunities a lot better than you as an individual investor with limited experience. Hope this can help!

Interesting video; I wish I had more time for experimentation, but I'll be 50 on December, and what i have done so far is to use all my entire savings to buy a house that i am still paying and i wish i know this ideas in my early 40s i would have made so much money to buy myself Houses and still have enough investment before i retire by the of 65

@AlinaLopez-vz9qp

6 ай бұрын

That's right, contacting a consultant during the pandemic was how I was able to navigate the chaotic stock decline.

@BullBarry-ee1fy

6 ай бұрын

over the last 4months, and I've generated around $380K in net income. Having a coach has significantly strengthened my credibility and perspective on the market.

@CollinJon

6 ай бұрын

Nice summary, so who is the coach that tutored you? And how can I contact them, i'm in need of their skillset.

@BullBarry-ee1fy

6 ай бұрын

Lisa Ann Moberly is the FA assisting me with my investments; you can arrange for an appointment through her personal webpage.

@SergioMartinez-xt6ym

5 ай бұрын

This is a scam! You’re all bots. This conversation is sooo fake👎

When you said buy the books, I breathed a sign of relief!!! 😂 I used to feel so guilty spending my money on books a few years back, but all of that knowledge will help one day. It's also helped me write my own!! Great podcast!!! 👍🏽

Ramit is so good at what he does... it's beautiful to watch

My father was a judge, Harvard Law valedictorian, 5 country clubs, had to have a new expensive car every year, new, while we often didnt have food on the table, and my mom had to go to work secretly (wives didn't work outside the home in our social class in those days). His obsession with status ruined his family, his mental health, and because those "things" didnt make him happy, he ended putting a bullet in his head. Things don't bring happiness, and he sacrificed every relationship he had...For "status".

@ellebee8476

5 ай бұрын

Wow. My father was weird too. May they both rest... wherever they may be.

@dorisenga4701

5 ай бұрын

Wow. My kids father abandoned his 4 kids, including an 18 months old autistic child for his career. ( MD n PHD epidemiologist from Cambridge). Never helped us with a dim. Took every little money we had, left us in debts and has never helped us.

@CCTENG2022

5 ай бұрын

@@dorisenga4701 May God be with all the way with you and your kids .❤

@aurikap6900

4 ай бұрын

Oh my..cause he didnt live an authentic life. His life was all for show( so sorry to hear this (

@krisfromabyss

4 ай бұрын

Only yourself can give you happiness. And the love of God . Nothing can fulfill your heart,only true love and compassion.

Hello, I am in London and am considering investing in real estate as a way to get some passive income. A few years ago, my brother purchased a home in a county outside of London. Because he was unable to find tenants, the property was eventually repossessed. As a result of this experience, I'm concentrating on purchasing real estate in London, where it's quite challenging to obtain a mortgage because of the high cost of the properties. Would you kindly recommend an easy way, where one may try to sustain these cost on mortgage?

@andyosman8375

3 ай бұрын

Houses are so expensive in the uk now. How would anyone pay off 400k plus, unless they want to commit to a ball and chain lifelong mortgage? Am I missing something? Seems like even if you had two professionals there that would take decades to pay off…?

@joerobert1801

3 ай бұрын

First, Jessica you need to have a salary of at least 25k before you will be considered for a mortgage, that you need for properties. If you want to achieve a 75 percent yield yearly, try looking out for an investing advisory or else you will be competing against professionals themselves.

@jessicamegan5850

3 ай бұрын

Spot on Joe, generating returns are usually phenomenal. What would have been really interesting would be a proper breakdown showing their costs , services, investors return..

@joerobert1801

3 ай бұрын

it's important to consider the different aspects of managing a property internationally, including understanding tax implications in your countries. You might also want to think about the logistics of property management from afar and perhaps consider engaging an asset coach to assist with the day-to-day management of your investments while creating revenue to offset your mortgage. I’ve done so with my coach Frost HIlda and I've already paid off two previous mortgages. Now I'm working on my third.

@jessicamegan5850

3 ай бұрын

Really good insight sir, I have two properties offered off the market since the high interest, I have been offered a developer loan but Im interested on making more income, does he’s advisory give access to substantial equity returns to offset my mortgage?

Thank you so much. This was very helpful and highly informative to me🙏 I feel happy I find myself recognizing i’m on the in positive mindset side about money! Its so enjoyable to watch these conversations on your platform!!Greetings from Leiden, Holland🍀

very good points about so many dummies not knowing all the hidden costs of owning a home , not just the obvious maintenance stuff, but the huge transaction, interest, and opportunity cost. I'm so tired of hearing less-smart people preach about real estate like it's a golden truth when they don't know much about it!

When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss MYSTICFLIP

@christophermbair

9 ай бұрын

DMV OVER HERE FACTS!!

I purchased a house in 2014 and sold it 7 years later for a £66k profit. Ive put a large amount of the equity into a financial investment portfolio with my bank and its been down 2% since it went in. I also put some money into different shares based on warren buffets strategy and thats now up 18%. A friend of mine also lost about 30-40k on investing. You have to be very careful. I dont think theres a correct solution. Some house purchases do amazing. Follow your instinct and be sensible along the way while enjoying the few years we are on this planet!

@PurvisTwiggs

9 ай бұрын

You are not alone To keep up with rising cost we are beginning to see the equity of our home for what it truly is, Its becoming hard for us seniors not to ask the obvious question: Should we cash in, invest the money, and rent/relocate?

@sergiopawson

9 ай бұрын

@@PurvisTwiggs Have you thought about keeping up with the whims of a Landlord? I am invested fully in the markets under a custodian who is a fiduciary to me and my beneficiaries. You should not sell your home with a good plan. That can only work if you are looking at investing under 5 years.

@PurvisTwiggs

9 ай бұрын

I know times are uncertain. I and my spouse are working on a ballpark estimate of $5M for retirement, and I have a good 6-figures each loaded up for this, if we sold our house you think we can do it in 5 years at most? I'm nearly 55.

@sergiopawson

9 ай бұрын

Sincerely it's best to seek the advice of a stockbroker/fduciary right now, unless you're canny yourself.

@PurvisTwiggs

9 ай бұрын

@@TariqTrafficante can you refer me please, how can one get an advisor to work for them?

Buying houses have worked for me . All of my houses are up at least 200k in value if I wish to sell them. If you keep renting one day you be living with 10 people in 1 house to afford rent

Bro I agree many of the stuff he says! But this guy is the most technical guy ever. I could never

I think this guy focus's more on sounding smart and influential than conveying a worthwhile message

@davidsimeoncole

9 ай бұрын

I haven’t heard it yet and this is exactly what I thought lol

@mynaturalperfume828

9 ай бұрын

Well, there s not a100. 000 new secrets... "Rich dad, poor dad" just says it all...

@ashleycollier

9 ай бұрын

It's a very simple message. Earn as much as you can, spend as little as you can, and invest the rest, that is how you create wealth. Simple but not easy. Similar to losing weight, burn off more calories than you consume, very simple but can be difficult.

@mynaturalperfume828

9 ай бұрын

@@ashleycollier Old school, it always goes back to discipline, control yourself, be smart 😂

@mynaturalperfume828

9 ай бұрын

@@ashleycollier Does not sound sexy, but this strategy worked since 1000s of years... 😂

You should do a new video about MYSTICFLIP ! I really like you’re mellow delivery and you seem like you’re very knowledgeable. I watch lots of influencers and you always seem very calculated and know exactly what you’re talking about and understand it. You’re better at explaining complicated things simply, than any other person on youtube keep it up brother!

I LOVE THIS! As a writer, I doubled my salary when I shifted from journalism, which is a competitive market, to medical marketing…which is boring but my skillset is considered rare. I didn’t know that my thought process was already entrepreneurial, but at that time, it made all sense. ☺️ I love watching your videos.

I bought a house at 65 and haven't regret it yet. I got it for 4.5 interest, 5 yrs later refinanced it at 2.5%. and my home was build 2002. Bought it for $97,000 today it's worth 225,000.

I bought a townhouse in 2018, it's worth $100k more than when I bought it, and I'm about to sell it in a couple months. Feels like real money to me.

@AndyLux123

9 ай бұрын

Are you sure you will be able to sell it in this economy?

@tiptapkey

9 ай бұрын

@@AndyLux123 I live between DC and Baltimore. I'd be surprised if it stays on the market longer than a day.

@reneegossage8609

9 ай бұрын

Great job getting in at the right time. Get out while the getting good...... timing is everything.

@user-pv8ij6id5n

9 ай бұрын

Then what ?

I bought a 200 year-old house in Japan for under $3000. Currently I live in it and am doing some DIY to renovate and eventually rent it out as a holiday home.

@ImaniOldPage

3 ай бұрын

I love that. Were you from Japan originally?

@mr.clutch987

2 ай бұрын

Damn probably haunted too 😂😂

@johnmirandajm

Ай бұрын

Did u have to be a japanese citizen to buy a house ?

This was an incredibly insightful episode, thank you!

“HOW TO BUILD WEALTH”

@sarahfletcher01

Ай бұрын

The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.

@sarahfletcher01

Ай бұрын

I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire soon. Give this a try and attain weaIth.

@sarahfletcher01

Ай бұрын

researvh the name, if you care.

@sarahfletcher01

Ай бұрын

REBECCA MARTIN WATSON

@yung1448

Ай бұрын

l’m amazed to partake on this, lt has rekindled the fire to my goals.

I buy small houses on large lots in towns where new houses are being built on small lots. Eventually the large lot will either be split or someone will want to build a mansion there. It’s always a “good deal/good idea” if it’s a good company/property etc. market fluctuations are just gravy.

@JosephineGaule

7 ай бұрын

Get your investments right before venturing into real estate, I leverage on the volatility of the market for significant returns rather than holding and loosing value to the volatility of the market I made my first mill from going diverse, mainly stocks, ETFs, few Cryptocurrencies and bonds. thankful to my now financial advisory Olivia Rene Reyes. It’s a long term plan for me so I invest and re-invest. about to purchase my second property ..she's the best in the business

@adamtennant129

7 ай бұрын

An everyday millionaire. Well done

@ParishBlein

7 ай бұрын

found her webpage by looking up her name online. Her resume is quite outstanding, I'll be writing a mail to her shortly

@harrisonkyunghee

7 ай бұрын

Very entrepreneurial of you

@tylerforeman667

7 ай бұрын

@@JosephineGaule She really seems to know her stuff. I also found her online page and read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her

Buying a house also improves quality of life. But it has to be done in financially responsible manner

@PabloDon27

9 ай бұрын

So does living off of passive income from businesses, stocks paying 200 a month rent on a Island in Thailand or South America

@SydPeppa

9 ай бұрын

Yes but it can also drain the hell out of you.

@crand20033

9 ай бұрын

@@SydPeppa I bought a big house way about my ability to pay for it. Almost lost it many times. But I am now single, collecting social security, rent out 7 of the rooms and make 70K /year. Can't even spend all that.

@styell5404

9 ай бұрын

But..how?😂

@PabloDon27

9 ай бұрын

@@styell5404 won’t own anyway in 2030 own nothing and be happy

Buying a house (in Australia) was the best financial decision I made (in 1996). Fast forward now to 58 years of age and I have a fully paid off 4m property and cash in the bank. Thank you thrift and property growth !

I've only just caught this video, thank you for sharing Richard. I totally agree with you here, I've felt this past few wks that I've been a slave to social media, youtube, various podcasts ect for the past 3 yrs, passing on information I've learned ect ect, its now time to get back to earth, and put into practice whats useful for our survival, get up, get out and enjoy the beautiful planet we live on. ❤

Despite my young age I was always frugal with money (thanks to the financial traumas from the childhood). I was able to save up a cushion and quit my job just 3 days before the war in my country begun. Everybody was shocked how could I afford not working, support a family member and lots of pets for 6 months and not looking for another job. Even my ex-coworkers who had the same salary! Folks, it’s not magic, it’s discipline. But it’s also important to learn how to multiply money which is my next step and this podcast helps a lot. Thank you!

@txdmsk

9 ай бұрын

Most smokers smoke the value of 1-3 houses in their lifetime.

Great video! For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

@kaylawood9053

8 ай бұрын

A lot of folks have been going on about a January rally and said stocks that would be experiencing significant growth these festive season, any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?

@bsetdays6784

8 ай бұрын

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 750k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

@cloudyblaze7916

8 ай бұрын

@@bsetdays6784 True, we’re only just an information away from amassing wealth, I know a lot of 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 market, could this coach that guides yo help?

@bsetdays6784

8 ай бұрын

@@cloudyblaze7916 Having a counselor is essential for portfolio diversification. My advisor is Eleanor Annette Eckhaus who is easily searchable and has extensive knowledge of the financial markets.

@adenmall7596

8 ай бұрын

@@bsetdays6784 Found her, I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2023 on a woodnote financially.

🔥🔥🔥 thank you!! Need more videos like this!! Very detailed, with great accuracy and easy to follow along!

Wish I had this advice 15 years ago. I purchased my first home 15 years ago because that’s what I was advised to do by the family and friends I deemed successful. Now 15 years later, on to my second home, and with two small children I wished I done what he is advising here. I feel stuck and too old to make significant changes that would get the results that I truly want.

I remember in 2007 when I was working in real estate seeing people buy homes new from builders with the intention of selling before close of escrow to a new buyer for profit. The crash was so brutal and fast that I remember seeing a lot of these units foreclosed on with the builder plastic still on the carpet.

@trane85

5 ай бұрын

Most people find it difficult to handle a fall since they are used to bull markets, but if you know where to look and how to maneuver, you can make a size-able profit. Depending on how you intend to enter and exit, yes.

@hankmarks69

5 ай бұрын

The enduring US stock market bull run evokes a mix of fear and excitement, presenting opportunities with insight, resulting in $780k gains in the past ten months, utilizing a portfolio advisor for a well-defined strategy.

@Dannyholt33

5 ай бұрын

@@hankmarks69 I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is the professional that guides you?

@hankmarks69

5 ай бұрын

Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. “Vivian Carol Gioia” is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.

@CCTENG2022

5 ай бұрын

Scammers

I've travelled 6 months a year for nearly 20 years. I live in a cheap shared flat in Prague that costs $400/month. People say I should buy a flat but also that they're jealous of my lifestyle.

@marcind4644

2 ай бұрын

Nobody is jealous of the perpetual traveler lifestyle. Traveling is way better when you have a comfortable base you can go back to.

I recall walking in an old stately neighborhood in 90's this guy bought a big house for 45,000 like 80 years ago, When he passed away his kids sold the house for 2.9 million that was so mind blowing to me

Wow that intro got me excited . I got my notepad ready!

I have an MBA in finance and I can't remotely figure out math where renting would have been better than buying a home where I live. It's not even close. It's not like there's more money to invest if you rent. There's not where I live for sure. Even when you factor in the "maintenance" argument, the math just doesn't match what I've experienced over 20 years of owning a home. I'm easily worth $300k more than I would be if I didn't own my home. I actually have $1500 more dollars a month to invest right now, vs if I was renting my exact same home. His granny example is REDICULOUS as owning her own home is the only reason my grandmother had a home in her 90s.

@Ragamuffinblue

9 ай бұрын

Absolutely true here in Australia as well. Rents are so high due to lack of housing and we are at crisis especially women in their 60s who are at highest risk of homelessness.

@user-ob7tm6vi4e

9 ай бұрын

he never states its true for all cases, but often it is

@lirands2730

9 ай бұрын

Agreed

@baziowenz8231

9 ай бұрын

I travel for work, am a stock investor and move several times a year. I need a house?

@mahlakomnisi5156

9 ай бұрын

Yep. I am not good with numbers but renting in South Africa for me with 3 kids is not sustainable. I choose to own a house ro raise kids, and at the end have a house not owing, and when I can't be employed no more, my kids have a home. Unlike being kicked out of a house with kids and having no where to go.

I have a bachelor in banking and Finance,and I never learned this all in my 4 yrs of college.Golden resource...thank you

@nuwunative928

3 ай бұрын

Then why you go??? Time =money

@dillyfrank5562

3 ай бұрын

There is no such thing as a banking degree lol

@poutine369

2 ай бұрын

its so basic lol

@StrongestPar

2 ай бұрын

@@dillyfrank5562 unfortunately there are. Just not from any reputable uni

33:30 left out a big part with auto-depositing money into investment accounts: Just because the money was put into an investing account doesn’t mean it’s invested; you still have to buy the stocks/funds!!! Otherwise, you just have cash sitting on the side. Many of the major investing firms don’t even have auto-investing features (I know fidelity doesn’t because I asked). So, I still have to do that part manually unless I make my own investing script

Thers me thinking I can't invest enough. Having a walk and a think. I worked out how much I spend a year on coffee tobacco and Mary Jane. That's 5000 rite there invested in my future. Watching this video has motivated me to stop smoking and buying a takeaway coffee a day to put that money into my future. Thank you for this.

I would love to hear Steven talk more about moving to a industry where your skillset is scarce. This small nugget has stuck with me. I would love to delve into that more.

@AdiKanda

9 ай бұрын

Yes! And how to do that if you are not in a position to move to Dubai..

@christopheradderley6902

9 ай бұрын

The gaps close quickly and without realising it, he’s touched on an observable economic reality. It’s not durable.

This is your best episode yet. I sent it to my kids who are both in their 20’s. Marriage isn’t the most consequential decision that affects finances, it’s children.

@Vladyyy

9 ай бұрын

Then you should send them the book as well. It's far more valuable, actionable and impactful than this. VERY easy to read/understand too.

@DS-vx3wf

9 ай бұрын

don't reproduce should be the message. 🤣🤣 that would also help the planet a tiny bit. 8 billion+ people on the planet ffs...

@HazzyWazzey

9 ай бұрын

I wouldn’t recommend sending the book - it’s overpriced junk and the all tips you can find online.

@haiderali-wn1sn

9 ай бұрын

I was about to make this comment myself until I saw your lol

@zilanamini898

9 ай бұрын

Åt dig 😊😊😊😊😊😊😊😅😊😅😊😊😅😊

this guy is very insightful, and hes sharing his knowledge.

I’m 51 and had a switch flipped when my partner stated she was turned off by me and wasn’t sure about our future together since I’ve become bitter and negative because my career failed at our company as hers (41) has skyrocketed. She was 💯 correct. I ended that relationship because I realized I had turned into the pile of shit that turned her off. My fault entirely. I reached out to my old rugby team and signed up for an old boys tournament, hitting the gym, researching BJJ studios (always wanted to try), and looking for a personal trainer. My finances and 401k are ok, not mortgage (just rent), own my Gladiator, no credit card debt or student loans but this video made me realize I must do much more. Glad it popped up on my feed.

I paid off my house in 9.5 years, and im 38 years old. THe feeling of no mortgage or rent is the best thing i've ever done. I've been maximizing my investment yearly after paying off my house. This is something I couldn't have done if i was renting like these guys. Have a plan and stick to it.

@barrontrump3943

22 күн бұрын

Based on

I sold ALL my properties. What a waste of time accumulating and buying houses was. I completely misunderstood the method to gittin rich. Now i just rent and live stress free. The markets are everything to me now. HNY y'all. ty 4 vid.

@NineTwo_JQ

2 ай бұрын

??? May I ask why and how did you come to the conclusion

@TheBlueskyson

2 ай бұрын

@@NineTwo_JQi listened to the money expert and not the actual research data or self education/life experience. u get me? ;)

@JossinJax

2 ай бұрын

@@TheBlueskysonI mean, by your comment seems like you’re still listening to the money experts.

@CG-uk1vz

2 ай бұрын

Sounds less than smart to me. Unless you bought the wrong properties.

@MynameisJeff.4

2 ай бұрын

why?you can rent those properties such as air bnb.

I'm 60 years old and this has been the best information out there. Auto investing is a must. Set it up and forget it. I use M1 Finance but do not change or chase stocks. Make it fun.

Rents in my city almost doubled this year. I'm so glad I own my home as I would not be able to rent in this city let alone retire here. It was tough at first but as my income increased the monthly repayments were a smaller proportion of my income and much cheaper than renting.

@finessingfinance101

9 ай бұрын

That’s fantastic, you definitely made the right choice. For most people I think buying property makes sense if you do it right and understand what you are getting into. There’s a reason a lot of wealthy individuals come from real estate. The opportunity is tremendous and real estate is one of the few asset classes that always trends up! 🙌🏻

@AnimatedLoopHD

8 ай бұрын

The property tax in my area for the average home went way up, and is more than my yearly rent. So I'm happy I don't own a home. Investing in my ROTH IRA and business.

@shakenbacon-vm4eu

8 ай бұрын

Everyone forgets. ‘Rents are so high!!’ I agree. But if it’s high, just move. Renting gives you so much freedom. Property tax and home insurance is super high? Uh oh now it’s really hard to move cuz you own a building, I mean house. Be sure to cut your grass or else the HOA will evict you

@sportstours24

8 ай бұрын

Every place is different. I don't even tolerate a10 percent increase per year.

@michelewuensch8468

7 ай бұрын

Guessing investment groups are paying this guy to con us all into thinking we should rent.

This is worth an hour and a half of anyone's time, two inspirational men.

@TheStudioFreq

9 ай бұрын

Agreed

@nnnnnn3647

9 ай бұрын

Invest your whole life and die of cancer at 50 in a rented apartment. ;) okay, to the point. Invest and inflation and the government will take everything from you. governments will ban cash and introduce digital money. This advice was good 100 years ago, but everything has changed.

I love this episode! It's a reality check for sure! It's never to late, despite the money we all have. I do it now aggressively all into low risk fund etf s& p...thank you Ramit..im greatly appreciated

This guy gives awesome advice. I really appreciate his words of wisdom. Only thing I disagree on is having a prenup.