Пікірлер

• 
  @IRSSYY18 сағат бұрын

  valuable information😊❤

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  @ClarencePatrick16 сағат бұрын

  Glad to hear that

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  @scaman-mw4llКүн бұрын

  Hi there. Great vids. Do have a vid how to start from the beinging for really newbies like me. ive got the webull app up and running but how do i ad money and that voo app thing and how to place trades. i'm really new at this, thanks dude:)

• 
  @ClarencePatrick23 сағат бұрын

  Here’s a link to the start of the challenge. I also have a video on my channel on how to use Webull. kzread.info/dash/bejne/qX6GubWdoJqcYqg.html

• 
  @SerenTraveller-kw7oi3 күн бұрын

  I use daily investing with Wealthsimple in Canada and I reinvest my dividends

• 
  @ericbell4833 күн бұрын

  🎉

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  @ClarencePatrick22 сағат бұрын

  Thanks for watching

• 
  @MsMotherWolf4 күн бұрын

  I'll say you missed more than a few days. $5 a day would be $750 invested before any ups and downs or DRIP.

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  @ClarencePatrick4 күн бұрын

  Keep in mind that the market isn’t open on weekend and holidays, which means I’m not investing on those days.

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  @MsMotherWolf2 күн бұрын

  @@ClarencePatrick That's fair enough and something I didn't immediately think of when I commented as I'm working on a $5 a day into an investment.

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  @ClarencePatrick2 күн бұрын

  @@MsMotherWolf No problem at all. I appreciate the question, and the engagement. Thanks for watching!

• 
  @that_colin.michell4 күн бұрын

  I think I'm going to try Eli Lilly for a few weeks with a small amount and maybe go there bigger. Nvidia was such a good call too

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  @ClarencePatrick4 күн бұрын

  Solid choice! One of the biggest manufacturers of insulin in the world. They’re currently trading at all time highs, so be a bit cautious of how much you buy at the top.

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  @that_colin.michell4 күн бұрын

  @@ClarencePatrick I'm going with like 15€ weekly and maybe go up in a few months. Currently I'm saving like 30% of my income so I need to see what I can still save up haha

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  @ClarencePatrick4 күн бұрын

  @@that_colin.michell Keep me posted!

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  @that_colin.michell4 күн бұрын

  Just found your channel through a short. I'm mostly investing in NASDAQ 100, MSCI World, Nvida and Rheinmetall. Also started a plan to invest in an India ETF. So far i made a few thousand bucks in the last 4 years. Definitely worth doing.

• 
  @Beans-gb1sy5 күн бұрын

  Awesome video- starting Jul1 - I will challenge my self to invest a certain amount of amount a month. I have been wanting to do it - but fear kept getting in the way and money! I will put in my schedule to continue to educate myself about investing into the market

• 
  @ClarencePatrick4 күн бұрын

  Start off with an amount that you’re comfortable with and put it in your monthly budget.

• 
  @kristenxmarie006 күн бұрын

  As an avid investor, I often mull over how accomplished investors are able to amass fortunes through their investment endeavors. Presently, I hold equity exceeding $545K from a recent home sale, yet I'm uncertain about my next investment move. Should I consider buying stocks at this time, or should I await another opportunity?

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  @ClarencePatrick6 күн бұрын

  That’s great that you have that much cash on hand. My suggestion would be to sit down with a financial advisor that can help you to develop a plan to meet your long term goals.

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  @ClarencePatrick8 күн бұрын

  If you’re interested in jumping into the challenge check out this ETF database to research the fund that you would like to invest in. etfdb.com/

• 
  @wilner458 күн бұрын

  How much do you put into your IRA if you do have one?

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  @ClarencePatrick8 күн бұрын

  I’m not eligible to contribute to a traditional IRA, so I invest in my company’s Roth 401k. I invest 10% of my income into that particular account. I also have a personal investment account that I contribute to on a monthly basis as well.

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  @jandabest52618 күн бұрын

  @@ClarencePatrick, you’re ineligible to contribute to a traditional IRA? I thought the only requirement was earned income. I know there are income limits for the Roth IRA, but I use the backdoor method to convert it.

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  @ClarencePatrick8 күн бұрын

  My income exceeds the maximum amount allowed in order to participate in the program. My company doesn’t offer a backdoor Roth, so I contribute into the Roth 401k, which is fine because I also like to invest in my personal brokerage account, which allows me to access funds whenever an investment opportunity arises.

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  @jandabest52618 күн бұрын

  @@ClarencePatrick , my income also exceeds the limit, but an IRA account is outside of your employer. You open it through a brokerage like Vanguard, Fidelity, Schwab, etc. It’s a tax-advantaged account you can have in addition to your employer-sponsored 401K…this is tax code, so your employer doesn’t get a vote. I personally have a 401K, IRA, and HSA…all tax-advantaged. I max out all three. And, because I have a lot of discretionary income after maxing these accounts, I have a taxable brokerage account, which does not have contribution limits so I invest as much per month as I want.

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  @thomaslunden8 күн бұрын

  There aren't income limits for eligibility to contribute to a Traditional IRA.

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  @nbaa4life8 күн бұрын

  Fidelity also allows investors to buy fractional shares.

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  @ClarencePatrick8 күн бұрын

  Yes, I’m sure that there are a few brokerages out there that allow this. I always tell people to find the best brokerage that works for their particular needs.

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  @longriflem1412 күн бұрын

  Love you vibe and videos. And thanks for doing this as I am new to invezting. And alot of the videos out there are peeps talking about dropping like 1000$ a week and starting with like 25K not many peeps can just.start like that.

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  @ClarencePatrick11 күн бұрын

  I appreciate that!

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  @IRSSYY15 күн бұрын

  Exactly

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  @ClarencePatrick9 күн бұрын

  Thanks for checking out the video!

• 
  @Natonimus17 күн бұрын

  I have been investing 5 dollars a day in voo, schd and nvdia (qqq for about a month or so too) since December 23. Im at about 3400 total invested and im up to about 4150 since i started. I also increased nvdia to 10 dollars a day once they announced the split. It split 10 to 1 which brought it from about 1200 per share to 120 per share. That being said, since the split, it's up to 130 per share. I ended up with 10 shares on thre split on the 10th. So in there past 3 days, I'm already up an additional 100 dollars. Im 34.... the only thing i regret is not starting when i was younger lol. I preach day in and day out to young people to download an investing app and just start putting 100 a check in and do the 5 dollar a day challenge.

• 
  @ClarencePatrick14 күн бұрын

  Solid investments, keep it going!

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  @keithnoland369122 күн бұрын

  Correct

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  @ClarencePatrick19 күн бұрын

  Thanks for watching

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  @nicholasittzes722423 күн бұрын

  Good advice! You might want to check your captions. The speech to text made some errors on 401k.

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  @ClarencePatrick23 күн бұрын

  Thanks for the heads up on that

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  @FanmadeTimeАй бұрын

  Buy Inc

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  @ClarencePatrickАй бұрын

  Is this an index fund?

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  @FanmadeTimeАй бұрын

  @@ClarencePatrick buy it bro

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  @robertmcreynolds396Ай бұрын

  I like the content. Keep uploading, I'm sure your channel will begin to take off. I look forward to your next one. Lets give this man a sub and a like he's out here trying to help us!!!

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  @ClarencePatrickАй бұрын

  Thank you!

• 
  @PointsBlankTravelАй бұрын

  Great video bro! I just subscribed. I love how simple you made the information for beginners. In addition to this channel, I have an investment channel for beginners as well. I may do a $5 a day challenge as well. Check out Investing With Rod when you have an opportunity, and keep up the great work Clarence!

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  @ClarencePatrick6 күн бұрын

  Thanks for the sub!

• 
  @jamescares9003Ай бұрын

  I started with Robinhood as a beginner and got very comfortable with it. I downloaded the WeBull app the other day and I'm totally lost on what to do lol

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  @ClarencePatrick6 күн бұрын

  I haven't used Robinhood before. Every brokerage is a little different. Is there anything in particular that you're having an issue with?

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  @jamescares90036 күн бұрын

  @@ClarencePatrick maybe it's my age, 53, but RH is really easy to navigate, then when I tried WB everything seemed condensed with more options.

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  @user-el9yg8yu6iАй бұрын

  Good luck my brother.

• 
  @ClarencePatrickАй бұрын

  I appreciate it

• 
  @kylelauverАй бұрын

  Well made video👍

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  @ClarencePatrickАй бұрын

  Thank you! 👍

• 
  @1968DmillerАй бұрын

  Only looks like $450

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  @ClarencePatrickАй бұрын

  This is the result of investing only $5 a day or $100 a month. I invest much more in my main account, but I'm trying to help new investors get into the game.

• 
  @jordantaibi4910Ай бұрын

  Great video. New sub here. You should also do crypto 5$ per day. Try like $5 per day into BTC and $5 per day into like a meme coin like doge. Id love to see what happens

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  @ClarencePatrickАй бұрын

  Great idea! I’ll look into that. Stay tuned!

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  @BigcountryReactionsАй бұрын

  Does this pay a dividend

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  @ClarencePatrickАй бұрын

  Yes, it currently pays a quarterly dividend of $1.975 ($7.90 a year). Here’s a link that’ll show you more info about the index fund. etfdb.com/etf/VOO/#etf-ticker-profile

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  @BigcountryReactionsАй бұрын

  @@ClarencePatrick Ty

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  @crystal77433 күн бұрын

  ​@@ClarencePatrick that 7.90 is money you don't have to work for

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  @ClarencePatrick3 күн бұрын

  You’re welcome

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  @ClarencePatrick3 күн бұрын

  Exactly!

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  @oneset6545Ай бұрын

  I have been putting $20 a day into VOO thank you for the wisdom sir. & I maxed out my Roth IRA with VOO in January

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  @ClarencePatrickАй бұрын

  I’m glad that you found a strategy that works for you! Stay consistent and you will be able to meet your goals.

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  @OregonWildmanAKAsasquatchАй бұрын

  I like individual. Always buy the dip amd never cash in.

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  @ClarencePatrickАй бұрын

  Solid approach. I have individual positions too, but the majority of my investments are in Vanguard funds.

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  @richoffdeads2 ай бұрын

  Great video! keep up the great vids brother

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  @ClarencePatrick2 ай бұрын

  Appreciate it!

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  @ClarencePatrick2 ай бұрын

  I’m attaching an ETF screener that will allow you to review some of the most popular ETF’s that are out there. You can filter by industry, ETF type, and issuer. etfdb.com/

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  @d4ce922 ай бұрын

  This is so cool! In less than two months, I'll be 18 and ready to dive into investing. Planning to start with $5 a day, maybe even more. This video was super helpful for someone just starting out like me! 😄

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  @ClarencePatrick2 ай бұрын

  This is great! I wish I would’ve started at 18 as well. Let me know when you sign up and join the challenge. I’ll pin an ETF database in the comment section. Feel free to review the funds that are available to invest in and select the one that works for you. Lastly, $5 a day is the minimum for the challenge, but feel free to invest as much as you want. The more you invest, the larger your returns will be.

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  @d4ce922 ай бұрын

  @@ClarencePatrick Love that! Thank you.

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  @HugKnucklesTV2 ай бұрын

  Love the video, keep it up.

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  @ClarencePatrick2 ай бұрын

  Appreciate it!

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  @pantelis95192 ай бұрын

  Bro i understand what u do and i hope the best for u. But 5 dollars a day is nothing. You will have good money after 40 years

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  @ClarencePatrick2 ай бұрын

  Thanks for the comment. The intent of this investing challenge is to get people off of the sidelines and into the game. This was never meant as a way to “get rich”, it was/is intended to help people understand how to invest. My hope is that people will participate, gain knowledge, and use it to craft an investment strategy that works for them.

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  @itsMasabii2 ай бұрын

  Videos like this are so important for beginners

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  @ClarencePatrick2 ай бұрын

  I’m trying to show how consistent investing (even small amounts) can make a big difference. Appreciate the feedback!

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  @realurban2 ай бұрын

  I would suggest to my children to purchase a condo or townhouse if they're single with no children.

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  @ClarencePatrick2 ай бұрын

  I agree

• 
  @frankellis96273 ай бұрын

  You should also check out SPLG. It's a cheaper version of VOO. They both track the S&P 500. You get more bang for your buck 🤨

• 
  @ClarencePatrick3 ай бұрын

  I may add a second fund to invest in starting in January of 2025. I’m leaning towards VGT, but will check that one out.

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  @frankellis96273 ай бұрын

  @ClarencePatrick Good choice. I also have VGT. Also, check out VUG 🤨

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  @aronneal3 ай бұрын

  We still Going

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  @ClarencePatrick3 ай бұрын

  Glad to hear it!

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  @jubbiesfitnessrevolution2163 ай бұрын

  I'm starting Monday

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  @ClarencePatrick3 ай бұрын

  Love to hear it! Keep me posted on how you’re doing!

• 
  @oneset65453 ай бұрын

  Buying more VOO tomorrow 👍

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  @ClarencePatrick3 ай бұрын

  Nice!

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  @ClarencePatrick3 ай бұрын

  Her'e the link to join the investment challenge! kzread.info/dash/bejne/qX6GubWdoJqcYqg.htmlsi=e4BDJS7HYlGSWq3U

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  @rotterdambaam5144 ай бұрын

  Ice coin is up up uP, be wise

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  @ClarencePatrick4 ай бұрын

  Is this a coin you invest in?

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  @bassman15905 ай бұрын

  My son is a Millwright and makes great coin.

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  @Pound_Shift5 ай бұрын

  Trades people make a pretty good living

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  @ClarencePatrick5 ай бұрын

  Yes, trades people make a great living! My son went the trade school route instead of a 4 year college.

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  @conundrum2u5 ай бұрын

  I agree with you, it's somewhat predatory. Unfortunately you need to start building your credit history so you can get loans for things like a car, apartment, house, etc. The big ticket things that contribute to your FICO score and give you favorable rates later in life. Young adults need to be educated that a credit card, if you use it that young, should be to pay for things you can already afford to pay down in that month.

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  @ClarencePatrick5 ай бұрын

  I think a more effective approach would be for the parent to add their child as an authorized user on their credit card account. They could put a spending limit of $100 for example and this would allow them to increase their credit score while they’re young. This is of course assuming that the parent is credit worthy and is able to add their child as a user.

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  @conundrum2u5 ай бұрын

  @@ClarencePatrick another approach is to use a secured credit card, literally backed by your own money, you get 100% of the benefit to credit reporting agencies

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  @brettherring21385 ай бұрын

  Bitcoin etf is the dumbest investment. Just buy bitcoin directly if you’re gonna invest in crypto. The etf is just more paper made up bs.

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  @ClarencePatrick5 ай бұрын

  Thanks for the advice. I’m long on bitcoin, so investing in my IRA is the route that I’m going on this. Any gains from the investment will be realized tax free.

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  @ClarencePatrick5 ай бұрын

  Check out the $5 a day investment challenge! kzread.info/dash/bejne/qX6GubWdoJqcYqg.htmlsi=GC5EqnAq3Oxv_r-l

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  @martindernikovic54315 ай бұрын

  I am making only 12k euros per year 💀

• 
  @aronneal5 ай бұрын

  On it

• 
  @ClarencePatrick5 ай бұрын

  Welcome to the challenge. Let me know if you have any questions.

• 
  @fiftytv5 ай бұрын

  💯

• 
  @ClarencePatrick5 ай бұрын

  Good luck with the challenge

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  @Dutchy6956 ай бұрын

  Stop paying taxes.

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  @ClarencePatrick5 ай бұрын

  The goal is to pay the least amount in taxes every year.