Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving
@ralfbrown-kl1gp
8 ай бұрын
These so-called quality stock Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my ROI
@marcellasilva4015
8 ай бұрын
It's possible to hire a skilled financial planner especially if you're not one yourself. I hired one after my retirement pension took a hit in April due to the crash. The planner devised a defensive strategy that protected and profited from my portfolio during this red season. I've made over $250k since then.
@PhilipCox-ws9tk
3 ай бұрын
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?
@marcellasilva4015
3 ай бұрын
Sharon Ann Meny, is the name , Just search the name. You’d find necessary details to work with to set up an appointment.
@McCachren
3 ай бұрын
I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
@JeanValjean875
10 ай бұрын
The number of scammers in the comment section of these videos is crazy.
@xkanyewestfanx2009
10 ай бұрын
and they’re on EVERY finance video smh
@Squiderrant
8 ай бұрын
90% of comments :/
@scottcampbell96
7 ай бұрын
Yeah but they searched the internet for “spamming advisors” and like their profile, every single time. It has to be true. They have a call set up for next week. So sick of these spam accounts
@napoleon1992
7 ай бұрын
Beyond crazy
@Nohandleentered
5 ай бұрын
How do we know you’re not a scammer 🤖 😮
@bernadofelix
Ай бұрын
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
@berniceburgos-
Ай бұрын
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
@PaulKatrina.
Ай бұрын
In my opinion, it was much easier investing back in the 60s but it’s a lot trickier now, those making consistent profit in these times are professionals reason I’ve been using an advisor for the past 5 years to consistently build my portfolio in preparations for retirement.
@SandraDave.
Ай бұрын
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
@PaulKatrina.
Ай бұрын
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
@berniceburgos-
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.
@ErnestKingston
9 ай бұрын
George’s insight have been a game changer for me! It’s practical approach to financial management has empowered me to take control of my money and work towards a debt free life.
@SharonHarvest
9 ай бұрын
Absolutely feel the same way! His advice has been a beacon of clarity for me too. However, I’m just stepping into the world of investing and it feels like a whole different universe. Your comment resonates with me because honestly, I have little or no idea where to begin. If you have any tips or resources you’ve find helpful in your journey I’ll like to hear about them.
@HillaryMaxwell5
9 ай бұрын
I completely understand the impact of George Kamel’s wisdom on personal finance- it’s informative. When I’ve found success in investing especially with the GUIDANCE of my Advísör, TIMOTHY ERIC MEEK I still appreciate the solidly foundation George provides. His principles align with the core values of financial discipline. It’s inspiring to see how various approaches, like (George’s) and strategic investment planning with TIMOTHY ERIC MEEK’s expertise can compliment each other.
@SugarNorway
9 ай бұрын
Your financial journey is truly inspiring! I’m thrilled to see your success in investing and the solid foundation built with George kamel principles. Your mention of advisor BIANCA HARLEY DORAN caught my attention. I’m eager to learn more and potentially seek her guidance. Could you share how I can get in touch with her?
@unnoticedguy724
9 ай бұрын
@@SugarNorwayThat's easy, look her up with the full name and you'll get everything you need.
@HillaryMaxwell5
5 ай бұрын
You can check of TIMOTHY ERIC MEEK online, I'm sure his details won't be a hassle to find.
@alexsteven.m6414
3 ай бұрын
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
@edelineguillet2121
3 ай бұрын
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
@fresnaygermain8180
3 ай бұрын
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market.
@belobelonce35
3 ай бұрын
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
@fresnaygermain8180
3 ай бұрын
Her name is ‘Sharon Marissa Wolfe’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@yolanderiche7476
3 ай бұрын
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks
@BINDERANDREAULRIKE
4 ай бұрын
While investors are preparing to celebrate next year's soft landing, economic data doesn't appear to be cooperating, I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?
@BradPaisley56
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.
@fawnriverpuppyservices76
4 ай бұрын
Very true. Despite having no prior investing knowledge, I started investing after the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
@fawnriverpuppyservices76
4 ай бұрын
Very true. Despite having no prior investing knowledge, I started investing after the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
@fawnriverpuppyservices76
4 ай бұрын
Very true. Despite having no prior investing knowledge, I started investing after the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
@fawnriverpuppyservices76
4 ай бұрын
I do agree, Investing has gotten difficult especially after pandemic, hence why I decided to use the expertise of an advisor, my spouse kicked against the idea initially, but oh well guess who's best buddies with our advisor now hehehe.
@Bestjudy001
8 күн бұрын
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family
@Donnafrank-k6e
8 күн бұрын
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@Bestjudy001
8 күн бұрын
@@Donnafrank-k6e However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@Donnafrank-k6e
8 күн бұрын
@@Bestjudy001 Oh please I’d love that. Thanks!.
@Bestjudy001
8 күн бұрын
@@Donnafrank-k6e Clementina Abate Russo is her name.
@Bestjudy001
8 күн бұрын
Lookup with her name on the webpage.
@Raymondjohn2
4 ай бұрын
The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
@kevinmarten
4 ай бұрын
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
@Jamessmith-12
4 ай бұрын
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio 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.
@JacquelinePerrira
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?
@JacquelinePerrira
4 ай бұрын
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
@Malaki727
4 ай бұрын
Lucky bastard 😒 😅
@danieltaylor--65
4 ай бұрын
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 $450k gains within months, I'm really just confused at this point.
@Angelinacortez495
4 ай бұрын
A robust strategy is crucial for any investor's portfolio. When it comes to making high-stakes decisions, the greater the risk, the greater the potential reward, and it's wise to seek guidance from seasoned professionals.
@S2G-yn3fl
3 ай бұрын
Don't listen to anybody telling about the time to invest. Nobody, absolutely nobody, not even Warren Buffett can time the market. He is the first one to say it. If your time horizon is longer than 2-3years and you can handle fluctuation, I would say buy the S&P500 index such as VOO. Nothing beats it. Less than 5% of professionals beat the S&P500. It's actually a passive investment but with the best return. If that goes wrong, it means the entire market goes wrong, so whatever it's in "safer" assets such as bonds, you would feel the pain regardless. Nobody is safe from a market crash, but the best option is by far the S&P500. Don't trust me, verified 😉
@adam4709
3 ай бұрын
1- slowly go into stocks, index funds, etc. there is risk involved, but if you invest slowly its hard to lose long term. You just have to know the amount in your portfolio is not something you’ll lose sleep over or panic sell if it dips hard. 2- Treasury bills. Risk free if you trust the US wont blow up, gives 4-5% annually right now. You can lock in for 3 months to 30 years. Its THE best way to get passive income if you have cheese. 3- Commodities. Gold, real estate, oil, bitcoin, etc. If ur worried about inflation, want gains, ok with risk given the unique characteristics of ur choice market. Can offer some of the best returns, if you have balls.
@TechTheNewTrap
3 ай бұрын
@@S2G-yn3flyour not fully informed there’s literally several private groups that have build math algorithms to predict the right stocks to buy that yield them 100s of millions in profit but it’s a membership only group ..the average person doesn’t have the tools
@SarahTaylor_
4 ай бұрын
As an lnvestment enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
@RobertBrown..
4 ай бұрын
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
@Cedrus_
3 ай бұрын
buy 2 properties with that, fix em up, refinance, rent them out, and with the refinance loans buy even more properties
@robertlengyel7766
Ай бұрын
Private equity
@Hannahbenowitz
3 ай бұрын
I wish I invested in stocks earlier but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money?
@JosephineKenney
3 ай бұрын
Whenever you're ready, hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.
@PennyBergeron-os4ch
3 ай бұрын
Controlling my portfolio cost me losses in 2022. So, in January 2023 I sought advice from a fiduciary. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.
@HildaBennet
3 ай бұрын
Your manager must be really good, how I can get in touch with them as my porfolio is not performing as expected.
@PennyBergeron-os4ch
3 ай бұрын
’Sonya Lee Mitchell’ is the manager I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@HildaBennet
3 ай бұрын
I searched her full name online and found her webpage. I emailed to make an appointment to talk with her; hopefully, she gets back to me.
@laquan017
9 ай бұрын
Review of an article going over these 7 tips: 1. Safeguard your assets with gold - PASS 2. Plan for long term medical cost - Only if over 60 years old (YES) 3. Invest in real estate - PASS 4. Use AARP for discounts - PASS 5. Get a second opinion from a financial advisor - YES 6. Don't let home repairs drain your bank account (home warranty) - PASS 7. Life insurance - YES
@nm2724
Ай бұрын
Right, so we actually got 3* Things You Must Do Once You Have $100K...
@kito1san
25 күн бұрын
@@nm2724 I would say #7 life insurance is when you have any significant investments or you have any net worth. You may have a house but not a 100k i savings. I would say in such case, still get a life insurance. Why? In case if you pass away, at least the house is safe guard with the life insurance so your family doesn't have to be forced to sell it immediately to cover any costs you left behind. Also, ensure to have enough insurance for the loan balance at the bare minimum + average cost your funeral + any estimated expenses you are carrying. Yes, you do not want your family to be burden with the mess you left behind.
@DanielMurray-u4l
8 ай бұрын
I am a contractor who has worked for several home warranty companies and I can confirm they are, for the most part, a scam.
@LarsBergstrom-uh2eu
2 ай бұрын
I am 27 and i just started my ROTH IRA and deposited the max for 2024! I feel stupid for how long it took to get my life straight. The problem here is, what is the best way to invest the money to grow for retirement?
@AstaKristjan
2 ай бұрын
I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.
@LivaHolst
2 ай бұрын
You don't need to find the next NVDA to succeed in investing. Just choose top-notch ETFs and partner with a financial advisor like I did. I turned my capital into $50,000 in annual dividends-a significant milestone for me today.
@traviswes7082
2 ай бұрын
Impressive! I admit I'm scared about retirement as I'm approach that chapter. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.
@LivaHolst
2 ай бұрын
"Kathleen Cheryl Constantz" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
@traviswes7082
2 ай бұрын
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
@Muller_Andr
8 ай бұрын
I’m 60 and want to retire in 6 months. I have a $170K annuity, plus a 401k depleted to $200K of money that I’m not sure what I can do with at this point. My retirement plans seem to be out the window. Is it a good idea to get professional help?
@xavier_lucas
8 ай бұрын
With everything going on, consider financial planning, … that is okay. You can get your money to work for you. but I would say delay retirement a little
@Muller_Andr
8 ай бұрын
I have heard how they can help you make the best decisions and to be honest I don’t want to lose anymore money or I will have to work till I die.
@Jennapeters144
8 ай бұрын
And what if that is all you have, even with SS you may not have enough to retire with. If you opt to work with a financial adviser, Dyor, make sure they are certified from AARP or FINRA.
@AadhilaEesha
8 ай бұрын
It’s a good idea to look for a fiduciary who has a legal obligation to work in your best interest and can’t recommend products or services just because they’ll receive a financial kickback for doing so. I and my spouse work with a retirement planner, Monica Mary Strigle an advisor we met in NY, referred by Danielle Dimartino Booth in an interview. Under her guidance, we split our investments, traditional IRA and the individual brokerage account where she copies her moves on our account from her master. We have been up by 74% precisely in the past year She rebalanced again when the year began, we still hold cash and are cautious with how much we let into the market at this point.
@AnkurYo
8 ай бұрын
Can I get the contact info of the person you work with?
@FrankPatrick-no8zo
2 ай бұрын
My main worry for 2024 is how to increase my $240k reserve, which has been sitting idle for a very long time with little to no profits. know how much risk they can handle and diversify their portfolio. Some folks get help from money experts or do their homework before making investment moves. It's all about being smart with your funds.
@DennisJack-km8ho
2 ай бұрын
You must establish your own procedure, control risk, and adhere to the plan through thick and thin while also financial advisors have a lot more knowledge and expertise in this area and getting better because nobody knows anything.
@RonaldPaul-rs6kt
2 ай бұрын
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
@albacus2400BC
2 ай бұрын
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
@RonaldPaul-rs6kt
2 ай бұрын
I've experimented with a few over the past years, but I've stuck with the popularly ‘’Amber Michelle Smith” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
@alicegomez7232
2 ай бұрын
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
@donalderic3642
2 ай бұрын
*Thank you😊 for this video, do you offer account management or have any recommendations?*
@RobertDavid212
2 ай бұрын
As a beginner investor, it's essential for you to have a guide. Myself I'm guided by Mrs Victoria K Walter, a widely known consultant
@stevekings9460
2 ай бұрын
If you’re using a good manager, it’s easier to earn from the market
@JohnMichael007
2 ай бұрын
That's true. a lot of people today have been having lots of disappointments in trading in light of helpless direction and awful financial advisors
@JessicaWilson7w
2 ай бұрын
VICTORIA K WALTER is exceptionally good, i believe you should give her a try
@KaylaAlexis.
2 ай бұрын
I started working with Miss Walter after I got a loan from a friend and now after receiving profit, I paid my friend and put back my earnings over and over again. I must say she's a very transparent and an honest personality
@fauxbro1983
10 ай бұрын
Step 1. Beware of whom in your family you tell.
@Rmayhem209
10 ай бұрын
Absolutely!!
@user-ub4lk3pf3w
10 ай бұрын
A good way to do this is to keep your life style under control. No one will ever know how much money you do or do not have. You should also invest it so its not so liquid and harder to spend on just anything.
@personnesenki4521
10 ай бұрын
That should be the first few steps. It's scary what that knowledge does to others.
@butteryflakycrust4864
5 ай бұрын
Literally no one but your spouse, and make sure they don’t as well
@Zek3nator
5 ай бұрын
It’s sad that’s a thing for so many people.
@WilfredoDurgan
4 ай бұрын
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
@WilfredoDurgan
4 ай бұрын
Antonio Alex is my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
@WilfredoDurgan
4 ай бұрын
he's mostly on Telegrams, using the user.
@WilfredoDurgan
4 ай бұрын
@proAntonioDaily THAT IS HIS USER NAME
@everlastingarms3065
4 ай бұрын
99% of crypto comments on all forums are bots.
@cisium1184
10 ай бұрын
A lot of people in New England call traffic circles _rotaries._ When I was a kid, I thought the Rotary Club was a club for people who like to drive around traffic circles for fun.
@x_Artius_x
10 ай бұрын
I thought it was a group of people who loved Mazda Rx7s lol
@saintbyron5150
8 ай бұрын
That’s why their Rotarians
@mbeaux5693
10 ай бұрын
I used to be an insurance agent. Didn't make massive commissions because I told people , "Buy term, invest the rest".
@joeltroughton3021
10 ай бұрын
Not the best salesman but at least you have ethics
@jgallegos1745
9 ай бұрын
Was It with primerica?
@verb0ze
8 ай бұрын
Who takes advice from clear marketing articles?!? Everything on that list is a definite PASS for me lol
@dianarabbanii2
9 ай бұрын
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
@9mmdump
5 ай бұрын
Invest 50% or more into the general market, pick your index fund. The rest growth stocks in the big names, apple, crypto, google, meta, Tsla
@JoeLopez
10 ай бұрын
".... gold invests in Chuck Norris" LOL Keep up the great work George!
@ReginaEric-ts9kw
26 күн бұрын
Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week.thanks Taylor Emily
@Margaret-g8s
26 күн бұрын
I've actually been looking into mentors lately, the news I've been seeing in the market hasn't been so encouraging.
@Kumar-kf7nx
26 күн бұрын
Your money is better spent working for you than sitting in a bank account collecting dust unless you're having it in some of that cash in a money marketing savings account with a decent return rate.
@Angela_belive
26 күн бұрын
How can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.2l
@Kellyswag-jm6op
26 күн бұрын
Buy a broadly diversified index fund from a company like Vanguard and keep investing until you are ready to retire
@annabram-o4i
26 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,
@terrorshard2916
9 ай бұрын
I bought 200 shares of nvidia some 7 years ago or so and kind of forgot about it. It is now 800 shares and have appreciated quite a bit. I dont even know what to do with it. Any advice. Let it keep sitting?
@lawerencemiller9720
8 ай бұрын
In 2024, Don't set new year financial goals without consulting a financial adviser. Their expertise ensures a solid plan for success. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments.
@alexyoung3126
8 ай бұрын
Thanks for the advice! I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resources to guide beginners?
@jessicamoore3093
8 ай бұрын
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
@jessicamoore3093
8 ай бұрын
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@carolannstevens5814
7 ай бұрын
Run from FA!
@onmywayup94
6 ай бұрын
lmaoooo a financial advisor
@Riggsnic_co
8 ай бұрын
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
@bob.weaver72
8 ай бұрын
The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
@martingiavarini
8 ай бұрын
I agree, having a brokerage advisor for inveesting is genius! Amidst the financial crisis in 2008, I was really having inveesting nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850k with the help of my advisor from an initial $120k investment.
@LisaEgan78
8 ай бұрын
I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you
@martingiavarini
8 ай бұрын
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
@LisaEgan78
8 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.
@JuancoPRoFlow
8 ай бұрын
George has really grown on me, in the beginning I was like who is this goofball, but now he's pretty funny. Like that ending bit. God Bless 🙌
@b.a_charlie2228
2 ай бұрын
Where should I put the money I’m saving for a down payment? I plan on saving for 5-8 years for 40-50% of a home. Where should I be putting that money?
@christinehopping
10 ай бұрын
Good advice. With a HYSA account $250K, you earn $1000 monthly. I live on a clerk salary, so I use the $1000 to pay monthly expenses, and saves every penny of my paycheck. After paying off your mortgage and living debt free, you have peace and freedom never worrying about losing your job.
@lucaspm98
10 ай бұрын
Never hold more than 3-6 months of an emergency fund in cash… you’re missing out on 10’s of thousands a year in returns.
@mensb1936
10 ай бұрын
HYSA for emergency and sinking funds, beyond that you are missing out on stock market growth
@anthonystoll5289
10 ай бұрын
That’s great. Until they cut rates. This advice has worked for just over 1 year…
@justwait9822
9 ай бұрын
Its cute you think 5% interest rates will continue forever.
@FaithAndrada-xo9ou
5 ай бұрын
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
@Raymondcraw1967RaymondCrawley
5 ай бұрын
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
@AndersonFair-cy2bb
5 ай бұрын
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
@AndersonFair-cy2bb
5 ай бұрын
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
@joyce7892
Ай бұрын
I purchased Home Repair Insurance 10 years ago and it was just in time! It covered my well pump, my oven/range, washing machine, and expensive air conditioning system that all went out in one year. It saved me 1000's of dollars. I just had a feeling and followed through.
@tressalewis7004
10 ай бұрын
George, I want to wish you and your family and awesome Christmas❤ Keep the funniest coming!
@britney_david
4 ай бұрын
I had problem comprehending trading in general. I tried watching other KZitem trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow
@Bryanfranco3
4 ай бұрын
I've been making a lot of looses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
@Koch3479
4 ай бұрын
I will advise you should stop trading on your own if you keep losing.
@Koch3479
4 ай бұрын
If you can, then get a professional to trade for you i think that way your assets are more secure
@Koch3479
4 ай бұрын
I'd recommend Annabelle Hartfield, her profit is great even when there's a dip
@Jessica_D07
4 ай бұрын
I'm also a huge beneficiary of her 😊
@GregMunro
10 ай бұрын
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
@GregMunro
10 ай бұрын
Hi , please who is the expert assisting you and how do I reach out to them?
@GregMunro
10 ай бұрын
Thanks for sharing, I just looked her up online and I would say she really does have an impressive background on investing
@アルセウス-l7x
10 ай бұрын
I was very lucky to start investing when the market crashed in 2020 and my stocks are insane right now in 2023.
@Vazcov1609
9 ай бұрын
You are approaching this the wrong way. Why are you buying individual stocks? You should buy low cost, well diversified index funds. Stop checking your investments ever day. Set it and forget it. Read the bogleheads forum/wiki.
@kevincampbell7147
9 ай бұрын
Invest in S&P 500, keep adding $500 monthly on auto invest (since your income is high you can do more if you want) and forget about it. You'll be fine.
@cooltrainerpat_tcg
2 ай бұрын
When trying to reach 100k, is that including my stock investments or just pure savings?
@RosalieXimenes
3 ай бұрын
I’ve been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow into something substantial that I might use for retirement. I just here for ideas
@PaulStaniscia
3 ай бұрын
At a point like this, its best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.
@AnsjeHarris
3 ай бұрын
Opting for an inves-tment advisor is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2022
@Christainfloyd
3 ай бұрын
Your advisor must be really good. How I can get in touch?
@AnsjeHarris
3 ай бұрын
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Breton Dollard” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@Christainfloyd
3 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.
@-Joce
10 ай бұрын
My grandma paid thousands of dollars for a common long term care insurance for years then the company went out of business and she couldn’t get a new policy because she was too old. She was never able to get a policy and lived to 106. So NO not a good idea!!
@leytonfortnite4724
10 ай бұрын
That happened to my grandparents as well.
@username00009
10 ай бұрын
And then there’s people who can’t afford the policies after 20+ years because the premiums increases. Seems like there’s lots of things to read and research in the fine print.
@username00009
10 ай бұрын
And then there’s people who can’t afford the policies after 20+ years because the premiums increases. Seems like there’s lots of things to read and research in the fine print.
@buyerbware25
8 ай бұрын
In 2023, the OPM suggested that federal employees self-fund longterm care.
@larryronhartfield55
10 ай бұрын
You could invest in stocks, start a side business, or focus on advancing your career. It's important to set goals and make a plan. Remember, wealth can mean different things to different people,One thing i can say that helped me in life to reach my first million was starting early, i got curious and informed i became open to passive income, investments in equities , etfs and the likes. also sought help to handle my portfolio which was my foundation. i'm ever grateful to Emily Lois Parker my FA.
@taylorgreen5908
10 ай бұрын
That’s some good values. sounds like you got something going for you
@stanleyfujiwara1394
10 ай бұрын
Thank you for sharing, I must say, Emily appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.
@harrisahmed3066
10 ай бұрын
Truly It's all about using assets with compound interest to amass riches.
@LanceyRoche
10 ай бұрын
did a quick search and found her webpage. I must say her resume is pretty impressive.. will be writing her too
@Motowinkle58
10 ай бұрын
For MOST people, $100k in savings should not be in a high yield savings account. 3 months, 6 months or even 1 year of expenses in the high yield savings, and the rest invested.
@Aziz__0
8 ай бұрын
I think people should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks this year. Hope to make millions in 2024.
@Natalieneptune469
8 ай бұрын
You are right, best approach i feel is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
@PhilipMurray251
8 ай бұрын
You're right mate! I’ve been using a fin-market expert for two years now and I own a 7figure diversified portfolio from investing in stocks. Currently, my portfolio is worth over $900k.
@MiddleclassAmerican-7220
8 ай бұрын
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
@PhilipMurray251
8 ай бұрын
Nicole Desiree Simon 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.
@MiddleclassAmerican-7220
8 ай бұрын
I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.
@carollee6963
5 ай бұрын
Your videos are so interesting! It keeps me focused on key points of finances!
@JohnMichael007
2 ай бұрын
*Wow😁, it's crazy how some people can become multimillionaires by investing just $10K in trading within a few months, while others have to work for 40 years to reach $1M in retirement savings. The power of smart investing, right?*
@JeffreyAlice
2 ай бұрын
That's awesome!!! I know nothing about investment and l'm keen on getting started. What are your strategies?
@LiamPextra
2 ай бұрын
If you are using really a good broker or account manager is easier to earn from the market
@stepheniemattews1818
2 ай бұрын
That's true. a lot of people today have been having a ton of disappointments in forex and crypto trading in light of helpless direction and awful specialists
@smithjack4546
2 ай бұрын
I've been trying to trade but I keep making losses and it's frustrating
@smithjack4546
2 ай бұрын
Can you recommend a guide for me?
@emoney1231
10 ай бұрын
I'd have stopped reading at the "buy gold."
@victorcalderon3886
5 ай бұрын
Thanks for the advice. What do you think on using the savings on a Brokerage Account and getting a fund that tracks the S&P500. I know you loose some of the liquidity but it also wouldn’t take more than 24-48 h to get the cash.
@EddyScrivner
10 ай бұрын
My mom had a home warranty and it saved her thousands of dollars
@Cioletta4
10 ай бұрын
She’s a rarity then.
@ron9665
10 ай бұрын
1:30 It seems that no matter what the precious metal, you can never buy it at the spot price. So is the spot price reserved for millionaires and dealers??
@hardlife507
10 ай бұрын
Even if you can buy at spot, you won't get 100% spot when you sell. So you will be at a loss right away. That is until spot price goes up enough where you can make a profit. But at that point you are better off investing in the market per historical data.
@tduck828
10 ай бұрын
High yield accounts. I have a checking account at 6% (with qualifications but they are super easy) and another money market at 5.21% and another money market at 5.3%. Saving for rainy day but I also invest in other channels.
@judyking4597
9 ай бұрын
Where can you get 6%?
@sandee8579
9 ай бұрын
Love your energy and always live your videos!
@TheThreatenedSwan
8 ай бұрын
You should instead pay for the mutual funds Dave Ramsey recommends that don't outperform index funds
@joliver79
10 ай бұрын
home warranties are for sure a waste. We had dishwasher and fridge break and they said part we needed not covered under warranty for dishwasher and for fridge they would not come out they wanted to do a video call to see what problem was when it was leaking underneath fridge, tried charging us $ 100 for doing that we said no, called a repairman to fix fridge was $ 120 no problems since. As for Dishwasher we just bought new one
@MsGinahidesout
5 ай бұрын
Can anyone tell me the difference between a high yield savings account and a money market fund? Which is better?
@OGR8itsOGRE
4 ай бұрын
A money market account is typically not insured. So although it could potentially make you more than a Hysa it could also go DOWN with market crash or volatility. So a bit more risk and not much more return (in most cases).
@MsGinahidesout
4 ай бұрын
@@OGR8itsOGRE thanks!!
@user-es5jq6yy9l
5 ай бұрын
What if youre starting later in life and it will be like youre 75 when you pay off your house. Do you wait until 75 to buy rental property
@davidsmyth6822
4 ай бұрын
So….im just a random guy on the internet, so do your research but…. If you have a very low interest rate on your house (like 2.5% say) then it is VERY likely that any money you invest in some index funds will make more interest than you would save by putting it towards your house. On the flip side, if you have a higher interest rate on your house (say 7-8% or higher) then maybe it would make more sense to put your extra money towards your house and pay that off sooner. Once you pay off your house you’ll have a lot more disposable income to get your next property on a shorter term loan. Good luck!
@FurryHippoFinance
10 ай бұрын
Amazing video George! If you have 100k in savings, you have already lost a TON of money with rates and inflation. Having money in the market for the long term is the place for my money. If you're not maxing out tax advantage accounts already before saving the 100k again losing money. Keep the education piece going it is what the world needs!
@matthewc9806
5 ай бұрын
With an hysa you actually get to have your money. The APY beats inflation right now and there's no fees. And, it is actually YOUR money. You don't depend on the market doing well, which you can't control, and you don't have to wait till your 500 years old to touch it.
@andrewmckaym
3 ай бұрын
I'm an amateur with a portfolio of 70k but it's hard for me to build confidence. I want to invest another 70k over a one month span, but I want to be strategic about doing it so I can grow more and not stay stagnant. Any stock suggestions?
@zuniganichol11
3 ай бұрын
Not offering any particular advice, but I can assure you that it's not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.
@frankchappellxz
3 ай бұрын
I agree. There's a lot of potential in the market. My friend introduced me to a financial advisor in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey and still earn five figures in monthly dividends.
@RM-fe6ye
10 ай бұрын
Warren Buffet doesn’t believe nor recommend gold too.
@azucena2793
10 ай бұрын
Bless your heart George!! Thank you so much!!!
@alex124241
5 ай бұрын
When you save 100k in cash? Or do you mean invested in like 401k? What do you mean?
@sarahlockridge7879
5 ай бұрын
We are in our 40's and we joined AARP this year for $12 to save on the fee to get our cell phones switched to ATT. Was it worth it?! Heck yes! We don't use any of the other benefits..... Instead of paying tons of money per phone, we paid $12 total. It was totally worth it.
@KA-NV
11 күн бұрын
I agree 💯 percent on the home protection for appliances insurance. They will not pay for anything. Better save your money in an HYSA account in case of an emergency.
@donaldburks5204
5 ай бұрын
Love your channel. Love Dave. Allow me to refine the LTC advice. If you have $100,000 you need to purchase by 50. The issue is not when you might use it, but when you are likely to get approved. Declines skyrocket over age 60. The average age of application is 53. Admittedly, the cost of waiting to buy is relatively negligible, unless you get declined because you waited, then it might cost you nearly everything. If you have Alzheimer’s, dementia, PSP, or other organic brain disease in your family history, buy as early as possible. 25 is not too early in this case. Premiums are much lower when you are young. Lean towards a plan that is entirely tax-qualified…don’t fight city hall as they say. If possible, consider a company (admittedly only a couple left) that has a tax-qualified contract with a guaranteed purchase option, allowing you to buy more later to combat inflation rather than paying up front for an inflation rider. This way you enjoy the time value of your own money. Keep up the good work. Donald Burks CFP®, CLTC®, FICF
@jeffkukkee
4 ай бұрын
Yikes!! High interest savings account is... 5% Taxed on it at the end of the year... All of these were sales pitches. I bought CONY, it pays 5% dividends a Month!! Extra 2k a month is AMAZING!!
@mikebridges20
10 ай бұрын
"YOU COLLECT COINS, BUDDY! GET A REAL JOB! " Best line I've heard in a long time (right along with the crypto-bots in the comment section)!
@Delta922
8 ай бұрын
I joined AARP for their auto insurance which is half what GIECO was charging me for the exact same coverage and I also shopped around and couldn't find anything cheaper.
@richsmith4363
5 ай бұрын
I typically save about $40 a year from my AARP discount at Denny’s. I also save $1 a month on my Consumer Cellular plan. Not getting wealthy but the AARP membership does pay for itself, at least for me.
@strokdude931
10 ай бұрын
I feel like a financial advisor is pointless if you know what you’re doing. I haven’t felt the need for one with the cost….anyone have reasons why they are important?
@mhodge0890
10 ай бұрын
Important for people who don’t know how to handle their own money sadly we have many
@f8talfury
10 ай бұрын
I think if you fall into serious money, it is definitely worth it.
@everlastingarms3065
4 ай бұрын
Sound advice with relevant caveats in all 7 cases. Good job.
@EricJohnsonFL
6 ай бұрын
You could invest in stocks, start a side business, or focus on advancing your career. It's important to set goals and make a plan. Remember, wealth can mean different things to different people, One thing i can say that helped me in life to reach my first million was starting early, i got curious and informed i became open to passive income, investments in equities, etfs and the likes. also sought help to handle my portfolio which was my foundation. i'm ever grateful to Anna Rounds Fay my
@MauveHarris
6 ай бұрын
That’s some good values. sounds like you got something going for you
@KimberHart
6 ай бұрын
Invest in stable stocks, my rule: if you previously liked the stock, then you should love it at a discounted price.
@HarryWalter77
6 ай бұрын
She appears to be well-educated and well-read. I did a search on her name and came across her web, thank you for sharing
@polgara28
10 ай бұрын
3 Minutes in and was over the memes. Sheesh!
@crystaldon4995
4 ай бұрын
I do and whats safe is a high yield savings account at 5.1%
@louishurr393
5 ай бұрын
I stopped watching at pay off your primary mortgage and buy a rental property for cash. How do you say you’re out of touch without actually saying you’re out of touch.
@u2damoney
8 ай бұрын
what if you have 100k divided up? (like 25k in ira, roth ira, 2 separate 401ks) is that ok?
@mrw23
4 ай бұрын
Screen door on a space station? Nice. Where do you get this stuff?
@yhckelly
10 ай бұрын
Why is it bad for them to recommend gold as an investment for advertisement revenue but perfectly fine for this channel to recommend internet therapy for advertisement revenue?
@aliciaz4682
10 ай бұрын
Ramsey acknowledges it’s an ad or “sponsor” where as “what you should do” advice, in the #1 slot That’s the difference
@yhckelly
10 ай бұрын
@@aliciaz4682 eh.... Recommending "our friends at Better help" for your therapy needs is de-facto the same thing- and who says the article didn't declare these recommendations as sponsors?
@Nathanh56
10 ай бұрын
Gold is an investment but it shouldn’t be seen as a short term play. It’s an asset like land and a viable way to supplement wealth building. It also keeps up with inflation really well over the long term. Gold price in 2000 was under $300 an ounce. Recently Gold just hit $2200. Precious metals can also be a great way to steadily save here a little, there a little because it’s not as liquid as cash and is hard psychologically to sell. There’s a reason nations, the Queen and billionaires places use precious metals to diversify their assets and build wealth. Lastly, I understand why Dave denounces gold and silver because so many people get burned on it trying to flip it for a quick buck or a Lee broke and think it will make them wealthy.
@DannyNomad
10 ай бұрын
Because gold sucks as an "investment." It has returned a 3.6% annualized return over the last 40 years.
@Nathanh56
10 ай бұрын
@@DannyNomad gold has returned around 8% in the last 40 years
@Halfwaythere807
10 ай бұрын
Awesome subject matter and awesome advice! Thank you George!
@ՀովսեփԽաշունի
10 ай бұрын
I think REITs are a great investment vehicle. You just have to shop around to find a low-fee REIT and one that has a liquidity that you’re comfortable with.
@erikdacosta3822
10 ай бұрын
GKam, the ending of your video was "Comedic Gold." Well done sir! With that said, can and should I be investing in "Comedic Gold?" I say, "YAS!"
@rebeckawoods6093
Ай бұрын
There are plenty of places in the US that have starter homes under $100,000. I'm considering moving there so I can buy my first home and pay it off in just a couple years.
@huntinginmaine
8 ай бұрын
The only thing I don't agree with is the gold stance… People don't invest in gold as a way to get rich or earn money, it's a store of value. That way you can have a safety net set aside that is largely unaffected by interest rates and Fed policy
@hrushikeshavachat900
10 ай бұрын
Why would i invest into crowdfunded real estate investing companies if we have REITs or a rental property paid for in cash to the maximum possible extent.
@chetanjilhewar1669
10 ай бұрын
Hey George Kamel, maybe you can do something about a disability insurance if it is good or bad. Thanks.
@lostboy8084
10 ай бұрын
Gold that is physical Gold is a good investment for long-term management but it isn't going to increase your wealth just a good way to maintain the status
@Mr.Goldcoin
4 ай бұрын
If I had enough cash to buy a rental property, why wouldn’t I just put that amount in a high yield savings or other lower risk investment vehicle that can earn around 5%? On a $250,000 rental property putting it in a 5% high yield savings would earn you $1,041 a month risk and hassle free and you don’t have to be a landlord. Yes the rate will fluctuate but there are so many more variable costs with owning rental property.
@elisemedina2237
10 ай бұрын
118k subs 👏🏼 Love the channel.
@Ericbabacan
29 күн бұрын
With the approval of bitcoin and AI ETFs, it's widely expected that the price of bitcoin will soar past $100k. I'd be remiss not to capitalize on this opportunity immediately. I'm eager to invest my $500k in cash savings, which currently languish in the face of inflation. However, I'm concerned: is it perhaps a bit late to maximize profits at this juncture?
@HilaryPhan
29 күн бұрын
If you're new to investing or don't have much time, it's best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.
@KateEngdahl
29 күн бұрын
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio 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.
@A-krandy
29 күн бұрын
Due to the significant falls, I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this coach?
@KateEngdahl
29 күн бұрын
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Marisa Michelle Litwinsky turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
@A-krandy
29 күн бұрын
I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
@whobeyou5342
10 ай бұрын
Getting long term care insurance After 60 is cost prohibitive for many.
@Silv718
6 ай бұрын
The exact home warranty example happened to me lol
@janfoselli5823
10 ай бұрын
I get enough of a discount on my cell bill with my AARP membership to more than pay for it.
@DE-Burrows
2 ай бұрын
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
@user-es5jq6yy9l
5 ай бұрын
What about disability insurance or mortgage insurance if you lose your job
@miguelena40
4 ай бұрын
from sept 2001 to now gold increase his value 9 times the s & p 500 only 4.80 times stocks are good only if you are in the right stock with a big dividend which is hard for many people
@jenniferpearce1052
2 ай бұрын
Thanks, Mom.
@tamashucsko5827
10 ай бұрын
George i love your sense of humor! I follow your channel for the great advises and enjoy the jokes too
@AnimatedIdiotGuide
7 ай бұрын
I admit Fundrise was kind of appealing to me bc I wanted the benefits of real estate exposure without needing the deep pockets that rental properties require. And only a small chunk of my portfolio is in Fundrise so I’m not boned but I’m definitely not happy with how it’s performed thus far.
@GCInvesting
9 ай бұрын
What’s a high yield savings account
@WeBeatMedicare6969
8 ай бұрын
A savings account that yields high returns lol
@howler5000
Ай бұрын
This article is a little suspect. Many of the recommendations direct you toward a specific company. Somebody got paid off...
@dnah02
10 ай бұрын
Invest in real estate with as little as 10 bucks just do stocks or etfs that cover that sector. Heck even fractional shares of said etfs can work.
@DonGato27
4 ай бұрын
Wich cam you use? Have good color.
@Nathanh56
10 ай бұрын
Gold is an investment but it shouldn’t be seen as a short term play. It’s an asset like land and a viable way to supplement wealth building. It also keeps up with inflation really well over the long term. Gold price in 2000 was under $300 an ounce. Recently Gold just hit $2200. Precious metals can also be a great way to steadily save here a little, there a little because it’s not as liquid as cash and is hard psychologically to sell. There’s a reason nations, the Queen and billionaires places use precious metals to diversify their assets and build wealth. Lastly, I understand why Dave denounces gold and silver because so many people get burned on it trying to flip it for a quick buck or a Lee broke and think it will make them wealthy.
@Nathanh56
10 ай бұрын
Precious metals are also commodities used ever-increasingly in electronics and vehicles, etc.
@puravidaot
10 ай бұрын
Gold sucks
@DannyNomad
10 ай бұрын
No it's not, it sucks as a long term "investment." Over the past 40 years, gold has risen at a 3.6% annualized rate. Stop scamming people, you gold salesman.
@Nathanh56
10 ай бұрын
@@DannyNomad it’s actually returned around 8% if you check your facts. Not bad for a metal.
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