"It all comes down to interest rates. As an investor, all you're doing is putting up a lump-sump payment for a future cash flow."

@alexyoung3126

Күн бұрын

Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .

@williamyejun8508

Күн бұрын

If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 60% early this year. It is, in my opinion, the best way to get started in the industry right now.

@chris-pj7rk

Күн бұрын

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

@williamyejun8508

Күн бұрын

Rachel Sarah Parrish is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

@chris-pj7rk

Күн бұрын

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

It's quite shocking how few people know about the forbidden book: Making money your reality

@Rickey_479

10 күн бұрын

Do you happen to know how to find it??

As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.

@CarterHall-re5fu

4 күн бұрын

I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, etfs etc It is important to seek the advice of an expert.

@AshlelThomas

4 күн бұрын

Review your portfolio with a professional and don't make the same mistakes again. Diversify, as in your stock portfolio, and hopefully consult a professional. The key to building wealth is long term. I learned 30 years ago that you have to keep emotions (rookie) out of your investment decisions at all cost. Now, i've made over 800k in profits from my 350k investment.

@champhallier8468

4 күн бұрын

That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?

@AshlelThomas

4 күн бұрын

KENNA MURIEL HESSELING 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.

@RobertBrown..

4 күн бұрын

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

I was an investment advisor. The advice in the video is excellent and true for the typical American. But for people who have a good portfolio of about $5m, if you look around, most people are still active at 70 (I live in LA) but by 80, not so much, so enjoy yourself at some point before it’s too late. That nice vacation will pay for your last week in the nursing home. There is a difference between wasting money and spending it. Be value-conscious.

@tommyers0

5 ай бұрын

Experienced the same thing. The financial counselor we met with last year told us, "Guys, you've already made it," even though my spouse has retired. Stop delaying enjoyable activities in life.

@josephbush

5 ай бұрын

I agree entirely. I recently retired at the age of 54 with about $1.9 million in outside retirement funds, no debt, and a relatively small amount of retirement funds compared to the overall value of my portfolio over the previous three years. To be really honest, the Fin-advisor's position can only be minimized. Just attempt to find a trustworthy one. It is very different from spending money to spend it on possibilities and things that might not materialize any time soon. Being value-conscious is crucial, as you indicated.

@Bezosjesss

5 ай бұрын

@josephbush Interesting, I have been contemplating pursuing that approach myself. I could really use the expertise of this advisors, who's the person guiding you?

@Bezosjesss

5 ай бұрын

Just found her web page, I went through her resume and I must say it was quite impressive. I reached out to her and I have booked a session with her. Thanks a lot for sharing

@grigorirasputin425

2 ай бұрын

@@Bezosjesssshe stole all my money

I feel investors should focus on under-the-radar stocks, especially given the present rollercoaster nature of the stock market, because 35% of my $270k portfolio consists of plunging stocks that were once respected, and I'm at a loss for what to do now.

@alexyoung3126

9 күн бұрын

To manage market risks responsibly, distribute investments over many asset classes such as bonds, real estate, and international equities, seek the advice of a professional.

@bobbymainz1160

9 күн бұрын

Yes, a lot of people downplay the significance of advisors until their own feelings consume them. I sought for licensed consultants a few summers ago, and I located someone with the greatest qualifications, because I needed a major boost to keep my firm going after my drawn-out divorce. She helped me raise my reserve from $275k to $850k ($850k considering inflation).

@johnlennon232

9 күн бұрын

I am seriously devoted to creating a stable financial future and am thrilled to participate.

@bobbymainz1160

9 күн бұрын

Melissa Maureen Ward 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..

@johnlennon232

9 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.

I'm a single, 45 -year-old father who resides in Hamburg. If everything continues to go well for me, I intend to retire at age 50. I couldn't be happier right now than I am that I just bought my first house last month. I'm so happy that I made wise choices that altered my life forever.

@ilyaveysman.

5 ай бұрын

Salutations, dude. At your age, you're doing extremely well. I'm 54 years old, and right now my finances are a mess. Any helpful advice would be greatly appreciated in helping to mold my life. I want to buy a home of my own.

@AbdoolLogodesign

5 ай бұрын

It seems like I used the FIRE movement to manage my finances. Investigate it further by doing some research. With the help of a financial professional, they were then successful when investing in stocks, cryptocurrencies, and real estate.

@Jessicahensley.

5 ай бұрын

@@AbdoolLogodesign I appreciate your nice words and would like to get in touch with your account management consultant.

@AbdoolLogodesign

5 ай бұрын

I encountered Julie Anne Hoover through my wife, and I emailed her. She is guiding me. Since then, she has given me chances to buy and sell the stocks in which I'm interested in. You can hunt her up online if you require care supervision.

@Jessicahensley.

5 ай бұрын

@@AbdoolLogodesign I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Julie up and send her a message. You've truly motivated me. God's blessings on you.

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

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!

@natashadennisdickens399

2 ай бұрын

this will easily x3

Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them., well at least my advisor does lol

@Elkemartin213

5 ай бұрын

Investors should be cautious About their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.

@Greghilton3

5 ай бұрын

Such considerations can certainly have a role when I think about whether I ought to buy into a share. But I never purchase purely on that basis, i always have to seek the advice of my financial-pianner who has helped me gain $985k in a well-diversified portfolio that has experienced exponential growth

@Quason788

5 ай бұрын

@@Greghilton3 I've actually been looking into advisors lately, the news I've been seeing in the market hasn't been so encouraging. who's the person guiding you?

@Greghilton3

5 ай бұрын

“Vivian Carol Gioia”, my financial advisor, is widely recognized for her proficiency and expertise in the financial market. With a comprehensive knowledge of portfolio diversification, she is acknowledged as an authority in this field.

@Quason788

5 ай бұрын

Thanks, 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.

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

@JasonAmir-qo4uo

5 ай бұрын

I don't think I need a finance advisor. I can manage my own money and investments. I don't want to pay someone else to tell me what to do with my hard-earned cash.

@OwenFlex

5 ай бұрын

That's a risky attitude, My friend. You might be missing out on some valuable opportunities and strategies that a finance advisor can offer. A finance advisor can help you plan for your short-term and long-term goals, optimize your tax situation, diversify your portfolio, and avoid costly mistakes.

@GibsonJames-gr3on

5 ай бұрын

I agree with You. A finance advisor can also provide you with objective and unbiased advice, especially when you are facing emotional or stressful situations. They can help you stay on track and avoid making impulsive decisions that can harm your financial future.

@SeanJohns-ze8ie

5 ай бұрын

I used to think like you. I thought I knew enough about finance and investing to handle everything myself. But then I realized that I was spending too much time and energy on researching, analyzing, and monitoring my finances. I was also overwhelmed by the amount of information and options available. I decided to hire a finance advisor and it was one of the best decisions I ever made. They saved me a lot of time and money, and gave me peace of mind.

@TheRothschild770

5 ай бұрын

My portfolio is made up of dividend etf’s, dividend stocks, growth stocks, it allows a bit more freedom in specific areas with help of an advisor LUCY ROSE CARTER who I’ve been in touch with over the years before buying any stocks and it’s been working perfectly for me.

The idea of investing a significant sum of money may be both thrilling and intimidating. There seems to be potential for considerable wealth increase with the correct strategy. How can one take advantage of the present market to grow one's retirement savings over time?

@markwilliams14

4 ай бұрын

A solid strategy can be a key component of an investor’s portfolio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.

@LizaPhilips

4 ай бұрын

Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $90k every one quarter of the year so I’m sticking to investing via an Adviser.

@geofferymichelle340

4 ай бұрын

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

@LizaPhilips

4 ай бұрын

My advisor is “Natalie Lynn Fisk” highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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..

@geofferymichelle340

4 ай бұрын

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

Blcktken300 anticipation is building to a fever pitch! 😥

"Wealth is not to gain nicer stuff, it is to gain total independence and autonomy in my life." ..... SOOOOOOOO POWERFUL AND TRUE FOR ME!!!

@shaikthahurahamed7517

5 ай бұрын

Wealth is not to gain nicer stuff, it’s to gain total independence & autonomy in life.

@mikev4373

3 ай бұрын

It’s about buying time not possessions.

@vebdaklu

14 күн бұрын

​@@mikev4373You cannot buy time, we all have the same time.

@vebdaklu

14 күн бұрын

There is no such thing as "total independence", humans are social animals, we will always be dependent on others. What wealth is for is - control over others. If you don't control others, you aren't wealthy. Having a billion dollars in cash isn't wealth, neither is buying a billion dollar house. But buying a mine, a water source, or a lot of farmland, anything that a lot of people depend upon - THAT is wealth.

@poncho87ro

14 күн бұрын

@@vebdaklu FINANCIAL independence

Great interview. Thanks for it. Housel is terrific. I saw a couple of comments before saying (in so many words) “wish I had started sooner” - I was broke at 42 and am much better off today (53) I say that to give hope to somebody who may be reading this and thinking, “I’m (whatever age), it’s too late for me.” You can always improve. You can always learn. You can always choose a better path.

@bethkirky

Жыл бұрын

Thank you 💚

@unpredictable913

10 ай бұрын

Never late to start.

@Ma_Boila

8 ай бұрын

Thank you

@sergioavalos1454

8 ай бұрын

Thank You I’m 45. And that’s exactly how I was thinking. But you are right. I can always get better

@hofterup

8 ай бұрын

If you are late in thinking about these things, start NOW, not tomorrow. It's absolutely not a reason to do nothing.

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

@natashadennisdickens399

2 ай бұрын

this will easily x3

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

@hermanramos7092

4 ай бұрын

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.

@martingiavarini

4 ай бұрын

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.

@bob.weaver72

4 ай бұрын

Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

@martingiavarini

4 ай бұрын

Credits to 'Natalie Lynn Fisk' she has a web presence, so you can simply

@bob.weaver72

4 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.

To enhance our long-term investment mix, my partner and I are introducing a range of stocks and ETFs. We've committed $220k initially, with a particular emphasis on inflation-protected bonds and businesses demonstrating robust cash flows. I see potential for enduring growth in the current market, yet I'm also keen to explore strategies for generating short-term gains.

@Nernst96

5 ай бұрын

While the current market offers short-term profit potential, it's crucial to note that executing such a strategy requires expertise and skill.

@PatrickLloyd-

5 ай бұрын

I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimise risks and maximise profits, generating around $3 million in three years with my advisor.

@PhilipDunk

5 ай бұрын

Please can you leave the info of your investment advisor here? I’m in dire need for one.

@PatrickLloyd-

5 ай бұрын

My advisor is Vivian Carol Gioia, 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.

@PhilipDunk

5 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.

With all of the current events, what is the best approach to profit from the market come 2024? I'm still debating diversifying my $700k stock portfolio to obtain some profits while minimizing risk.

@Alejandracamacho357

3 ай бұрын

First of all you need to understand where and how to allocate funds to hedge against any possible downturns and still make profits also, if you can't navigate the market you should consult with an expert advisor

@PhilipMurray251

3 ай бұрын

Accurate asset allocation is crucial right now, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. financial advisory is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly a million ROI

@blissds-gi3mb

3 ай бұрын

Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor to whom you have used their services?

@PhilipMurray251

3 ай бұрын

One of the best portfolio managers in the industry, 'Linda Aretha Reeves' deserves recognition. You really ought to look at her work; she's well-known.

@user-qx7td4oe7c

3 ай бұрын

I just googled her name and I'm really impressed with her credentials; I reached out to her, I also need assistance to manage my port folio. I just scheduled a call.

About that Coach purse: I bought a good basic Coach shoulder bag in 1988 when I worked at a major department store (and got a 20% employee discount on it) and 35 years later I still have that bag. It's classic, always in style and lasted long than any designer bag I bought. My parents taught me to buy the best item I can afford that will last the longest. And take care of it.

@Mushroom321-

7 ай бұрын

Awesome!!, congratulations 🎉🎉

Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.

@Lettogle109

4 ай бұрын

Find stocks with market-beating yields and shares that at least keep pace with the market for a long term.For a successful long-term strategy | recommend you seek the guidance a broker or financial advisor.

@Judithmoy109

4 ай бұрын

I agree. Based on personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

@priyankamahatma6672

4 ай бұрын

Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response

@Judithmoy109

4 ай бұрын

Valerie Jean Zwosta…. That’s my advisor’s name, Thank me later.

@priyankamahatma6672

4 ай бұрын

Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call

I genuinely mean it when I express my stress and concern regarding the market crash and high inflation, particularly in relation to my retirement. I have been experiencing losses for quite some time, and while some may argue that crises can present opportunities, I am feeling overwhelmed. However, I understand that investing is a long-term endeavor, and it is crucial to maintain focus on the bigger picture and the long run.

@jessicasquire

5 ай бұрын

Considering that I am only three years away from retirement, it becomes challenging for me to solely concentrate on the long-term perspective. Despite having invested in reputable companies and having a significant amount of funds allocated, my profits have been stagnant. This situation raises the question: Does the current recession and unstable market offer any calculated risk opportunities for generating profits?

@Lemariecooper

5 ай бұрын

In a downturned market, numerous strategies exist that can potentially yield lucrative profits. However, executing such sophisticated trades requires the expertise of seasoned market professionals.

@Erikkurilla01

5 ай бұрын

I have experienced significant losses, and I am holding on with the hope of recovering them. It is evident that I am in dire need of assistance. Could you please share the name of the investment adviser who guides you?

@Lemariecooper

5 ай бұрын

Portfolio diversification is crucial, and having an advisor to guide you in this process is essential. I work with Stephanie Kopp Meeks as my advisor, and she is highly experienced and well-known in the financial markets. You can easily find more information about her through a quick search, and her expertise can greatly benefit your investment strategy.

@Erikkurilla01

5 ай бұрын

Thanks so much I was able to find her page and I already leave her a message.

It is not always fear. Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value.

@AstaKristjan

8 ай бұрын

This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name MICHELLE CHRISTINE PARKER and everything changed. I started enjoying huge returns from my investment.

@simonbad

8 ай бұрын

@@AstaKristjan Who is your financial coach, do you mind hooking me up?

@AstaKristjan

8 ай бұрын

@@simonbad She is available on the web for more information.

@Antoine043

8 ай бұрын

Don't get discouraged. But listen to Asta and get with a professional that knows what they're doing. It will change your life

@jay24077

8 ай бұрын

Long term and not the short term, look at the companies that are keeping America afloat?

This is what I needed to hear back when I was coming fresh out of high school. However… I’m so glad that I’m more disciplined & in tune with my finances now. I’m able to now understand & be receptive to great ideas/ knowledge that are pertinent to the lifestyle I want. Keep this up, you guys are changing lives!

This podcast has literally enlightened me so much on various levels! Not just in trying to understand money better but how certain things/perspectives Morgan talked about life in relation to money or business just hit me so hard, this is amazing!

At 42, I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. I’m glad I found that out although it was later in life, but that marked the turning point in my finances.

The information given is priceless!! Thoroughly enjoyed all the gems and nuggets! THANK YOU Erika for sharing your gifts and being open to the desire of educating all people who are open to receiving the information! I appreciate you!

I didn’t even know what to expect when I signed up for the Passive Income Challenge. Wow, I’m glad I did! I know practically nothing about the world of finance, investing etc. I watched the video and know more than I ever did. I can’t wait to buy the book and continue to learn! Thank you both for this information.

One of the best talks I’ve heard. Insightful interview and Erika is on point w her questions. Can’t wait to get his book.

Thank you, Erika, for this episode with Morgan. It changed my thinking about many things. It was good advise and most importantly right worldview. Looking forward to see and hear another of your episodes in the future ❤

This is the best interview I’ve seen in a long time, thank you both so much!

This is one of the best interviews I have ever seen! Great content and a FANTASTIC guest. I had already read the book and now that I listened to him and heard his genuine personality you can tell he’s the person you want to be listening to and reading from. Thank you for this content.

I can't believe every publishing company rejected it! I feel like this book should be mandatory in the education system.

@drsteviejasengnsangma8739

Жыл бұрын

Absolutely I agree..that too all around the democratic world❤

@Radykall1

Жыл бұрын

I can. It's unconventional wisdom and it makes publishers uncomfortable.

@michaelwhite9288

Жыл бұрын

Well, ppl are academically smart but financially illiterate

@Faefair

Жыл бұрын

Maybe the education system is actually not established for full education, just a farming factory for the matrix.

@courtneysmart4283

Жыл бұрын

​@@davidhenryhudson3102 I didn't get that from the book

I appreciate very much being able to view and have your awesome podcast around. Thank you!

Thank you Ericka i learned more than i anticipated in this podcast. Thank you so much for inviting successful people so we can learn from them ♥️

Thank you for this podcast, Erika. We need more podcasts similar to this one, so people will have a different & more positive mindset toward money. Do keep up the awesome work!

Hope you enjoyed this interview! I highly recommend you also watch this Erika Taught Me podcast episode with Barbara Corcoran from Shark Tank: kzread.info/dash/bejne/m4BossVuoNLcf5s.html

@terryhamilton2.0

Жыл бұрын

I watched this one earlier today, great episode

@daniellubowa595

Жыл бұрын

Ioiiooooiooiiooiiooioioooooioouooooipo

@daniellubowa595

Жыл бұрын

Cy

@lilianalorck5266

Жыл бұрын

Love your podcast thank you for sharing.

@sureshkumar-kx2xz

Жыл бұрын

Very informative, mature and logical discussion. Morgan Housel sounded practical person.

This was super useful ! It is very easy for lot of people (including myself) to miss little details which this video required me to think about ! Thank you Erika and Morgan !

This was a really inspirational interview Erika. I learned allot from this podcast with Morgan. Here’s to Intentionally applying his words of wisdom. 😊

Superb. I've read the book and was surprised how much of the contents resonated with me. It felt like Morgan Housel knew me personally and my saving/spending habits. I'm glad the book has sold 2 million copies as I'm sure it would be helping people everywhere to take control of their finances and their lives. Great podcast and interview Erika - wish you the utmost success.

Managing your expectations in life can make a HUGE difference! I loved listening to this podcast, thank you Erika and Morgan!

This is the most honest interview information on the net!!!! I will be listening on repeat ❤Thank you!

So I found you through your short about flight delay policies and until now, never heard your interviews. This was marvelous! So insightful, educational, and entertaining. I am looking forward to listening to the rest if them.

I can't believe I watched the whole show and was hanging on every word the two of you said. Great job! Where do I sign up? 😊

I really enjoyed this episode. The information was worth reading the book and I have taken so much away to implement in my own finances.

The information today was so so good for me in every way. Thank you for everything you do on the show.

This was a brilliant interview on the philosophy of money, happiness and life. It reiterated so many important values in life that can prepare you for taking risks in life with confidence and courage. I love this interview. Thank you Erika for doing this. !

This was a great podcast. Thank you Erika!

I’ve had majority of my holdings in tech stocks and I've had 25% increase in my portfolio, especially with Apple’s P/E (price to earnings ratio) but with much uncertainty now, my question is what stocks can be the next APPL in terms of growth for the next decade?

@TariqSinghKhan

5 ай бұрын

it might be difficult finding the next apple within the tech stock sector, maybe look outside of tech stocks, better still talk to a financial expert

@EmiliaAbelard

5 ай бұрын

A colleague once proposed the idea of diversification to me, hopefully for positive results to offset any negative performance. At once, I backed it up using an advisor in order to avoid any fiasco. As of today, my portfolio has yielded over $450k in profits, from an initial $180k this year alone.

@naomigonzales9663

5 ай бұрын

Please can you leave the info of your investment advisor here? I’m in dire need for one.

@EmiliaAbelard

5 ай бұрын

There are a lot of independent advisors you might look into. But i work with Viviana Marisa Coelho and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her

@codeblue11

5 ай бұрын

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

I’ve listened to the audiobook version of this book more times than I count. It definitely should be required reading/ listening for everyone. Especially for all high school students.

This video has been super helpful to understand the world of finance better. It's so simplified that you don't even need so much energy to concentrate and get the best of it. Absolutely love the work you're doing, Erika. You're teaching everyone the "how to" about financial things and being a non-finance person myself, this is definitely helpful. Thanks again!

@xyz-pg3zd

Жыл бұрын

Any takeaways?

Building wealth and achieving financial independence is more achievable than commonly perceived. With access to accurate information, establishing lasting financial stability and prosperity becomes attainable. Engaging in prudent investment remains a primary avenue for generating substantial income and sustaining enduring wealth.

@ohioveteran

6 ай бұрын

To begin building wealth, define your goals and assess your risk tolerance, either independently or with a financial advisor. By gaining insights into savings and investments and creating a clear plan, you can attain financial stability and effective income management.

@spacecadet6

6 ай бұрын

Hiring a skilled financial advisor like *Mary Onita Wier* can lead to success, as evidenced by my seven-figure gain in just the first quarter of this year, despite market concerns.

@emmaarmando

6 ай бұрын

@@spacecadet6 I've been thinking about going that route. I have a lot of stocks that I have maintained, but they are beginning to lose value, so I'm not sure if I should hold onto them or sell them. I feel hiring your investment coach would make it easier to restructure my portfolio.

@spacecadet6

6 ай бұрын

Many lack access to insightful knowledge, causing anxiety due to information gaps. Personally, I've earned $35k in passive income with *Mary Onita Wier* , unaffected by market fluctuations.

@noah-greene

6 ай бұрын

Thanks, I just googled her I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

This was such a great conversation! A few things came to mind while listening. As a former foster child, I lacked a safety net of family. Any mistakes I made seemed to hit me harder than others. I lacked a couch to sleep on. I lacked a cosigner. I lacked someone to borrow money from when emergencies happened. I really relied on the system as a whole to live. This meant there was no room for error. There was no forgiveness, no conversation, no "comeback" after a mistake. When I defaulted on my credit cards back in 2009, it hurt me so badly. Homelessness due to my inability to find a place to rent was the hardest. Being homeless with your children is a really dark place to be. So when you say you have a concern for the young adults who overspend trying to fit in, I totally resonated! But for me, I wasn't buying purses or clothing, I was buying food, gas, and diapers. Overspending on your credit cards and having to deal with the repercussions for years to follow for people who are at the bottom of the social hierarchy is absolutely devastating. The fact that your credit report can be impacted for seven years after a bad credit report is a heavy consequence for what is really human error. As Morgan points out, more than half of people aren't with ill intent when they make decisions. They mean well. They are doing the best they can with the information and experience they have had. Therefore, I think it's very important that our younger generation has the ability to bounce back in a reasonable amount of time. Since credit scores are tied into so many things like housing and even getting hired for certain jobs, I think we should introduce a pathway for redemption. Like Morgan pointed out, we learn best by our own burns. Those at the bottom of the social hierarchy have a much harder time recovering from mistakes. I think we can really reduce issues like crime, poverty, homelessness, and drug addiction in our community if we created an environment that allowed for innocent mistakes to occur. Not a free pass, but a more reasonable response to these types of errors. I think it's a huge miscarriage of justice, it's a heavy yoke, for people to have their future chances of success so heavily impacted for years to come after what is really just a minor error. What do you think?

@angelloluisfurigay

11 ай бұрын

Wow I’m really sorry you went through this, but I hope you’re in a better financial space. I agree that their should be more lenient repercussions for minor financial errors. More than that, I think it’s even more important that our education system teaches kids about this. It’s a shame that most high school Americans are expected to know every detail of photosynthesis, but not how taxes, loans, or credit cards work.

@snowygirl131

10 ай бұрын

You seem very poised, educated, and smart. I hope you and your children are in a better space.

@silviahoffmann158

10 ай бұрын

I also feel that i had no safety net. Very hard life👊

@mattmcfly2165

10 ай бұрын

I believe your trending towards Guaranteed Minimum Income. Kinda like a welfare for all. Unfortunately, it contributed to the current inflationary issues we're having. Everyone was blowing money on everything. 😢

@wonderplanet343

10 ай бұрын

Listen to Dave Ramsey about debt (but not religion). Avoid it.

Thanks Erika for that great interview with Morgan. He is such a free spirit and focused gentleman. Learnt a lot from him.

i have no words to express my gratitude for this podcast ❤

It's just amazing.. I loved this book and equally great podcast, which teaches to be grounded.. Thank you

Great interview, very educative and mind changing. I hope many people get to view and learn from this interview, questions were on point. Thank you!

Erika re-tought me that: patience is a virtue, especially in finance. Thank you both!

I have a poor inner-city mindset. I would have never bought this guy's book because I would have thought he was just trying to shame me. I want to thank you, Erika, for all you do. I am so happy this was recommended to me. I am looking for answers to help my community and the mindset and hopefully prevent my children from following the steps of those before them.

@chudiksc

5 ай бұрын

You are correct

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.

Most rich people stay rich by spending like the poor and investing without no stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them

@TiagoAlves-yv7bb

4 ай бұрын

The thought of retirement has given me the opportunity to sort out another source of earning

@MarcosAlonso-wx8uw

4 ай бұрын

I started paying more attention to stock and learning more about online trades

@AlmedaKandemir

4 ай бұрын

You are right.!

@JewellOguin

4 ай бұрын

Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

@ZoeWalker-kc8ip

4 ай бұрын

A common mistake we newbies make is venturing into the market without help and legit guidance

Thank you, Erika and Morgan. This is the first episode of this podcast that I've ever watched. I enjoyed it a lot. Very insightful! I'm inspired to purchase the book and learn more about investing.

Great podcast and I enjoyed hearing Morgan's perspective. Thank you for sharing this! Keeping up with my own reading and research into finance.

This episode made me less fearful of investing + overall personal finance. Great reminder of the importance in patience and how time is wealth. I liked how financial lessons were compared to real life stories/ applications in other fields. Makes finance more digestible to folks not in the business. Looking forward to more- thank you!

This is one of the most relatable interviews I have listened to. He isn't trying to prove to anyone, he isn't trying to sell you on anything, he is just comfortable and confident in his decisions he has made. I relate to Morgan more than any other "finance guy" he is preparing his family for success through time, isn't that really what everyone's goals are... maybe I just see it the same way he does. Great job on this.

I love your questions Erika. Most of the time when Morgan was talking I had a question in mind and then you went and asked him! So great questions

This podcast ignited something in me with much clarity that I have the passion to help people to be financially literate by sharing Mr Morgan’s wisdom. This is the first podcast ever that I watched multiple times.❤

Erika is so not just a TikTok star lol! She’s a super smart hustler and educator. Much love and gratitude for your content❤❤❤

This is a great conversation- especially his POV of saving like a pessimist and investing like an optimist. Brilliant

I am 53 years old and a late bloomer when it comes to investing. However, I have been a perpetual learner when it comes to understanding money, and how to make it better work for me. I want to thank Erika for bringing content like this to the table. Very relevant and at the same time it allows those from various backgrounds and goals to be able to learn something.

Loved how organic this interview was. Straight to the point with real facts. Thank you for sharing both of your knowledge.

The psychology of money is one of the best books I’ve read. Never knew who the author was. Thank you for sharing this interview.

I am happy I tapped into this. Loved especially the part about not allowing yourself to be tricked by what you see looking at the lifestyle of others.

I watched this video in two parts and am so glad I watched until the very end! I am also a writer, and Morgan's take on the book business alone was worth the time. I enjoyed the whole interview, but this was info was especially interesting to me! Thanks, Morgan and Erika!

That was my greatest leaning this week. Thank you. Yes, managing expectations has the same importance as earning more.

Financial literacy is so important. We should have it as a mandatory course in school. Luckily we have all these incredible content creators on KZread teaching what we missed in school.💸

@HarrisonCountyStudio

5 ай бұрын

Sadly, the agenda of public schooling has little to do with developing critical thinkers.

One thing that always made sense to me is "PAY YOURSELF FIRST". From my 20's until I retired at 55 I always paid myself 10% off the top first into a retirement account then lived off 90%. Most people spend their pay first and then try to save or invest what is remaining and often there is nothing to save or invest because the money is already spent.

@alexb8926

Жыл бұрын

The Richest man in Babylon ❤❤❤

Part of the passive income challenge. Looking forward to catching up and def taking notes on all the vids. Thansk for always sharing the knowledge!

Erika, This was so great! your questions were on point! definitely hooked!

What a wonderful conversation❤ especially as someone who have read the book Psychology of Money. I know now that the idea for real wealth (freedom to do what you like to do) came from his dad(When he choose to retire early). Madam Erika your interview was simply awesome❤

I’m in my early 30s and trying to learn more about saving and investing for my future. I also typically hate podcasts but this video was so easy to watch and listen too. To be honest, I can’t believe I listened to the whole thing at once but this was super insightful and helpful in getting certain ideals to takeaway for financial planning. I really liked the part about managing expectations for managing your finances. Thanks Erika and Morgan!

@fernadezzbrown

11 ай бұрын

get help Friedaannellis she will guide you step by step

I love this interview. I just finished reading the book but it is way different hearing the author it self. Thanks Erika!

This was sooooo informative. What’s crazy is I almost didn’t listen but decide why not and I have to say it was one of the best 2 hours I could have spent. I mean it I went back and listened to some parts twice! Thank you so much

i am experiencing one of the most challenging phases of my life, Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround. but How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

@EmiliaAbelard

6 ай бұрын

I agree. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

@dianarabbanii2

6 ай бұрын

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

@EmiliaAbelard

6 ай бұрын

There are a lot of independent advisors you might look into. But i work with Viviana Marisa Coelho and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her

@scottjuarez9549

6 ай 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.

I'm doing your 6 day challenge right now and taking my time to watch everything in peace. This video with Morgan Housel was so educational for me today, thank you!

@BerbagaiCara89

2 ай бұрын

Well you look cool, Now it is Time to Redirecting your Subconciuos mind to Achieve the Lifestyle you dream about, So Br Clarity

@BerbagaiCara89

2 ай бұрын

You need to Chillout n have Inner peace first Gurl, Goodluck

This conversation is one of the best bits of knowledge that I have gotten so for this year. So good!

This is by far one of the best financial conversations I've had the pleasure of witnessing

His EQ is incredible. Props to you, Erika, for getting him to your channel! His words of wisdom and knowledge is amazing. You just want to keep listening. Great questions. Overall an amazing content to consume

Absolutely my experience. I had a financial advisor knock on my door to schedule a meeting. I went to meet him and kept asking about his fees. He ignored my questions. After looking at the fine print, his fees were 1% for life!!!! I laughed so hard. Hell no!!! People keep trying to sell stock trading courses too! Real estate courses! Everybody is trying to sell something. I feel sorry for the senior citizens who have a hard time reading the fine print or understanding English. Rip off society!

Actually giving good content for the intro is what makes me want to actually watch the entire video. Thank you

Thank you for this interview! Very insightful and down to earth. 👍🏻🙏🏻

Incredibly amazing podcast Erika! I'm SO HAPPY you chose Morgan Housel. I didn't know that Morgan Housel had to suffer so many rejections before getting his book published. I was also surprised that his book was #1 bestseller in India, instead of United States. Thank you so much for everything you've taught me about money Morgan Housel!

Hi! I am a newspaper columnist and book writer in the Philippines. Kudos, Erika. Your video interviews with productive individuals never fail to draw my attention. Each episode is a learning experience.

@BerbagaiCara89

2 ай бұрын

Philipina is Tagalog, Mabuhay

I was always thinking going to the gym and managing money have a lot of similar principles! I'm glad to hear from Morgan!

Huge fan of Morgan Housel and The Psychology of Money. This interview was great. You asked very important questions and he answered them the best way he could. Thank you so much.

This podcast is packed with deep insights and information anyone can use to propel their financial goals. So upbeat and entertaining. Thank you, Erika!

@human1513

Жыл бұрын

Entertaining but he is selling his book.

@n.c.467

Жыл бұрын

@@human1513 Yes but I have no problem with that because the book contains valuable information.He should be compensated for sharing that with us.

@xpsxps1339

Жыл бұрын

@@n.c.467 Agreed; his book is one of the most interesting books, if not the very most, I read about Money topic in the last decade.

Great interview! Everyone has a different perspective of money and different risk tolerances. Getting out of high-interest debt and stop letting your ego drive your spending decisions are two huge changes that will allow you to win with money.

This was recommended to me and I wasn't disappointed. Golden nuggets of practical (and sensible!) wisdom, great format too. Hoping to see more guests on your show!

@marklogan5415

11 ай бұрын

get help Friedaannellis she will guide you step by step

This was a great episode. Your questions were awesome and the answers were too. Great great

I am experiencing one of the most challenging phases of my life... Lost a fortune lnvesting in emerging companies. How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

@stevensmiddlemass2072

7 ай бұрын

Speaking with an advisor helped me stay afloat in the market and grow my portfolio to about 65% since January, and in just a few months, I was able to earn over $350K in net profit from high dividend yielding stocks. you should try it if you're unsure about the retirement.

@colleen.odegaard

7 ай бұрын

my partner’s been considering going the same route, could you share more info please on the advisor that guides you.

@stevensmiddlemass2072

7 ай бұрын

I started out with a financial advisor called " *Monica Selena Park* ". Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable given my ROI.

@colleen.odegaard

7 ай бұрын

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

Blcktken300 will blow up at any moment 😥