I upgraded my audio equipment, but unfortunately, this video's audio had some issues. I tried my best to make it sound decent, but if I sound extra nasally, that's why!
@butterflysmile348
2 жыл бұрын
You sounded very professional and great!! You are very knowledgeable and you are my favorite KZitemr I go to for financial advice!!
@josiahkahkonen2307
2 жыл бұрын
Bro they’re just being picky. Great video!
@decibella12
2 жыл бұрын
Sounds Great! First thing I noticed was how good and clear audio sounded . Great Info over all, definitely looking towards checking out some more content?
@rcc3music
2 жыл бұрын
Sounds fine to me. Great job and info
@donjuandemarco2995
2 жыл бұрын
What happens to our money in a bank if there's a financial crash?
@alexsteven.m6414
21 күн бұрын
I just switched up my Roth IRA to 50% SCHD, 25% SCHX, 25% SCHG, and my Roth 401k is 70% vanguard S&P 500 index, 20% vanguard growth index, and 10% vanguard international index. Seeking best possible ways to grow $350k into $1m+ before retirement in 3 years.
@belobelonce35
21 күн бұрын
Safest approach i feel to tackle it 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. its important to seek the guidance of an expert
@Tanner-c2m
21 күн бұрын
It's true that many people underestimate the importance of advisers until their own feelings burn them out. A few summers ago, following an ongoing divorce, I needed a significant push to keep my company afloat. I looked for licensed advisors and found someone with outstanding qualifications. She has contributed to my reserve increasing from $275k to $850k regardless of inflation.
@KatyaSantos-g4c
21 күн бұрын
This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
@Tanner-c2m
21 күн бұрын
Her name is ‘Rebecca Nassar Dunne’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@dengdelun3109
21 күн бұрын
Thank you for this amazing tip. I just looked up sharon, wrote her explaining my financial market goals and scheduled a call
@KimberlyMargaret
Ай бұрын
I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.
@WaynePhilip89
Ай бұрын
Got it! Buying stocks during a recession when prices are down could be a good move. You might get them at a lower price and sell later when they go up. Just do your homework and be aware of the risks before diving in!
@Richardnnabuikediyoke
Ай бұрын
@@WaynePhilip89 That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!
@JacquelineTheresa
Ай бұрын
@@Richardnnabuikediyoke Mind if I ask you to recommend this particular coach you using their service?
@Richardnnabuikediyoke
Ай бұрын
@@JacquelineTheresa VICTORIA CARMEN SANTAELLA Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@StephanieRebecca-0
Ай бұрын
@@Richardnnabuikediyoke 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.
@HectorSnipes
24 күн бұрын
I'm uncertain if my 401(k) and IRA will secure a stable future. I'm looking for an investment strategy that aligns with my risk tolerance and financial goals. I've set aside $1 million for this purpose. Would you recommend investing in stocks or purchasing rental property?
@BateserJoanne
24 күн бұрын
You're right, I used a financial advisor. Approaching retirement, I've benefited greatly from their supervision. Starting late, I knew index fund compound interest wouldn't be enough. It's funny how I've outperformed peers with more years of investing experience.
@VictorBiggerstaff
24 күн бұрын
I totally agree. Based on personal experience working with a financįal manager, I currently have ($2million) in a well-diversified portfolio that has experienced exponential growth from when i started. 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.
@crystalcassandra5597
24 күн бұрын
Your manager must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
@VictorBiggerstaff
24 күн бұрын
Her name is 'Rebecca Noblett Roberts” Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@grego6278
22 күн бұрын
I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
@Riggsnic_co
2 ай бұрын
With Roth IRA, the money you are contributing has already been taxed. At any time for any reason, you can withdraw your contributions tax-free and penalty-free. Additionally, any earnings on investments can also be withdrawn tax-free and penalty-free, Not sure how much to contribute, I'm still at a crossroads deciding if to liquidate my $338k stock portfolio.
@kevinmarten
2 ай бұрын
For the average person, the strategies are fairly demanding. In actuality, most professionals who have the necessary abilities and knowledge to complete such occupations do so successfully.
@Jamessmith-12
2 ай бұрын
That's awesome! Investing in stocks with a reliable trading system can lead to great outcomes. It's fantastic that you've been working with a financial advisor for a year now. Starting with less than $200K and being just $19,000 away from making half a million in profit is impressive! Keep up the good work!
@JacquelinePerrira
2 ай бұрын
Mind if I ask you to recommend this particular coach you using their service?
@Jamessmith-12
2 ай бұрын
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@JacquelinePerrira
2 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.
@HugoBergmann-lu4nd
Ай бұрын
I've recently retired and am unsure if my 401(k) and IRA will provide a stable future. I've set aside $1 million and need an investment approach that aligns with my risk tolerance and financial goals. Should I invest in stocks or buy a rental property?
@StacieBMui
Ай бұрын
Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio.
@LiaStrings
Ай бұрын
I agree. Based on personal experience working with a financial advisor, I currently have $2 million in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
@StocksWolf752
Ай бұрын
Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
@LiaStrings
Ай бұрын
I work with Sharon Marissa Wolfe as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
@LiaStrings
24 күн бұрын
Sonya lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@ggukiescave
2 жыл бұрын
I grew up with parents who are not financially literate and for the majority of my upbringing we lived paycheck to paycheck. I don't blame them for this, but I'm glad they have given me this opportunity to discover the world of finance on my own. I'm only 17 and I still have so much to learn about money and finance in general, but KZitemrs like you have been helping immensely. For some reason I feel behind, but in reality I'm probably not. Thank you so much, sir. I greatly appreciate your content.
@hustlengrind8833
2 жыл бұрын
That’s a good thing you don’t blame them. Especially at 17. Kudos to you breaking generations of financially illiteracy.
@RAJOHN-ke7mc
2 жыл бұрын
You are actually ahead. Dont jump into investing feet first. Always read and read and read some more. Investing is a marathon, not a.sprint
@SunnyKoufax86-8
2 жыл бұрын
You could be 31 with kids learning this you are actually WAY ahead
@chrissmith2411
2 жыл бұрын
Guess what yr not grown. Quit bashing yr poor parents.
@LunnaySol
2 жыл бұрын
Please, save your money, be frugal but reward yourself sometimes with things you love and without going overboard, join and contribute to a 401K program, as soon as you start working. AND get a prenup, when the time comes. Don't take this the wrong way, these are the things I wished someone thought me when I was your age.
@FennaVa
7 ай бұрын
I am 53 years old and consider myself to be a high earner. My job provides me the option to contribute the employer contributions to my Roth 401k. Should I do that or should I continue to direct that to my Traditional 401k ahead of retirement?
@marcellasilva4015
7 ай бұрын
As a high income earner can you easily afford to contribute max of $22,500 to your traditional 401(k) and towards retirement? What is your Federal Tax Bracket and percentage of company match? I f you don't know all this then its best you consult with an advisor.
@tehClew
3 ай бұрын
Typically you would do your employer match first, then max out your Roth then any excess goes into extra 401k
@ralfbrown-kl1gp
2 ай бұрын
Thanks for replying, You seem to know much, How did you go about it and can you recommend an advisor like yours?
@marcellasilva4015
2 ай бұрын
Myself and a few other employees work with Sharon Ann Meny . She helps me max out on the Roth 401k in the month of November each year. My company matches 6% and I think my tax bracket is 22%.
@McCachren
2 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.
@Lemariecooper
9 ай бұрын
Engaging with books has significantly elevated my perspective on investing. True wealth isn't built through mere savings; financial freedom stems from strategic investments. I've learned that accumulating wealth hinges on making prudent investment decisions
@jessicasquire
9 ай бұрын
Embarking on the investment journey at 40, I envision a triumphant testimony of significant success by the age of 55.
@Lemariecooper
9 ай бұрын
Choose a reputable financial adviser like *Jenny Pamogas Canaya* for insurance, regardless of the firm. With her dedicated career in financial planning, you'll receive guidance for growth, better navigation, and secure task completion-|
@Erikkurilla01
9 ай бұрын
Discovering your familiarity with her was a delightful surprise. Over the last few months, I've had the privilege of closely collaborating with Jenny Pamogas Canaya. She has not only facilitated significant profits but also served as an exceptional mentor and trader. Her remarkable skill in navigating diverse market situations leaves me thoroughly satisfied with our partnership!
@Lalala123-k3w
7 ай бұрын
What books do you recommend
@CatherinMalett
9 ай бұрын
Because ROTH IRAs are tax-free, you'll be able to keep more of the money you've worked so hard to earn.I want to invest more than $300k, but I'm not sure how to go.
@leojack9090
9 ай бұрын
Holding fixed-income assets in tax-deferred retirement funds as opposed to taxable accounts has additional advantages. If you don't know how to invest in the market, get some advice from a financial counselor.
@hasede-lg9hj
9 ай бұрын
Having an investment adviser is the best way to go about the stock market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly and I made over $300K within a short time
@lowcostfresh2266
9 ай бұрын
@@hasede-lg9hj How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
@lowcostfresh2266
9 ай бұрын
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
@hasede-lg9hj
9 ай бұрын
@@lowcostfresh2266 My consultant is Vivian Carol Gioia. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so
@borajasa
2 жыл бұрын
THANK YOU. I searched and listened to so many others on KZitem and was still left confused. You are extremely clear, straight to the point, and clarified EVERYTHING by showing real examples. You're amazing. THANK YOU.
@JoshuaMayo
2 жыл бұрын
Glad to help!
@angelsarah79
6 ай бұрын
So after he bought it with $1,000, do you watch it grow or can you add any amount?
@DuhIdiotMoney
24 күн бұрын
@@angelsarah79 4:00 There's a maximum contribution amount per year. It's $7000 in 2024, plus an extra $1000 if you're age 50+. It increases every year to account for inflation. Importantly, it applies to all Roth and traditional IRA's you have collectively.
@AanyaDarika_
Жыл бұрын
I’d be retiring or working less in 5 years, and considering this financial recession, I’m curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $250K per year but nothing to show for it yet.
@_davidturner
Жыл бұрын
Do you have a 401k? you should contribute to your retirement diligently, or better still look into financial planning
@ClaudiaRom
Жыл бұрын
Very true, I find myself lucky enough exposed to money management at an early age. Worked full time when I was 19, purchased first home at 28, fast forward time... I'm 50 now, got laid off March 2020 amidst lockdown, a blessing in disguise. At once, I consulted an advisor to stay afloat and with subsequent investments, I'm only 15% short of $1m as of today.
@Javier_Rodri
Жыл бұрын
@@ClaudiaRom this is huge! would love to grow my reserve regardless of the economy situation, my 401k has lost everything accrued since early 2019, at this point, i'm in need of guidance, can you point me?
@ClaudiaRom
Жыл бұрын
@@Javier_Rodri I’ve shuffled through a few experts in the past, but settled with ‘LOREN LENA WALKER’. The strategy they use is recession-proof, more specifically profit-oriented, and most likely, you'd find her basic info on the net, she's a renowned advisor.
@Javier_Rodri
Жыл бұрын
@@ClaudiaRom thanks for info! curiously copied and pasted her full name on my browser, spotted her page easily, she actually looks very distinguished
@badasstweetyb
2 жыл бұрын
Thank you Joshua, I just set my Roth IRA with Fidelity for $1,000. I appreciate your explanations and advice on helping people get started. I'm a new subscriber and will always look at your videos for insight!
@JoshuaMayo
2 жыл бұрын
Fantastic! Glad I could help!
@tinaduncan72
2 жыл бұрын
Very detailed explanation.
@mashr4733
Жыл бұрын
Hi, would you mind sharing how much gained from your $1000 investment after 8 months? Just curious to know if I should invest as well, thanks.
@jilliancousins8823
Жыл бұрын
@@mashr4733 yeah i wanna know too @badasstweetyb
@krystalray8229
Жыл бұрын
Would love to know how your investment has been since 1yr ago. Have just come across this video and looking at investing myself. Thanks
@Lilyoregon
Жыл бұрын
I had to get an expert fiduciary, Sir Eric Arlo to manage my Stocks portfolio as I have no skills for that, my portfolio has been growing at 7% daily and this is the sixth month for me
@riviera9383
Жыл бұрын
Hi, what if I will like to give it a try with your pro too, since you are familiar with his abilities maybe you can connect me
@Binsabar
Жыл бұрын
Made my first £200 k from buying startup company’s Stocks over a year, I was able to generate good ROi monthly after tax, and ever since it’s been a great source of income for short and long term
@finny_
Жыл бұрын
Can a beginner also get on this? I am very curious
@danieljamal3709
Жыл бұрын
Great video. We all strive for financial independence and better life. It’s not difficult in achieving this through the right investment, living frugally, and budgeting. I’m glad I learned early in life to work hard for financial freedom
@veramonique1724
Жыл бұрын
In my opinion, venturing into a good investment is not just a strategy for generating passive income but a profitable saving method for future expenses. Those who fail to make the right decisions early in life end up regretting it. Nevertheless, investing can be difficult and risky doing it solely, For this reason, I advise seeking help from professionals(financial advisors). It’s not just watching videos and reading investment books the challenge is using them well.
@samuelreyes7156
Жыл бұрын
sincerely, I’m truly inspired by your words. I’m very interested in investing and I have got a good sum of money which I’m ready to put in with the right information. My biggest fear is losing my money on the wrong investment. For this reason, I’m willing to listen to your suggestions and ideas on how to invest wisely.
@veramonique1724
Жыл бұрын
As an OAP with a lot of experience, I firmly believe that the success of any investment depends on having the right information, regardless of what others say, do whatever you set your mind to. Warren Buffer always says "be greedy when others are fearful and be fearful when others are greedy". This is certainly the trick to succeeding even when others fail. I made six figures working with *PRISCILLA DIANE AIVAZIAN* a licensed financial adviser . It’s been a promising experience so far with her.
@samuelreyes7156
Жыл бұрын
Please, how do I connect with your financial planner?
@veramonique1724
Жыл бұрын
quickly do a web check where you can connect with her, and do your research with her full name mentioned
@NeroReflect
2 жыл бұрын
I’m glad I found somebody who actually explains steps by steps without using complex words U earned a sub from me keep it up
@ronthomas4360
2 жыл бұрын
Same bro...he made it simple
@madant22
Жыл бұрын
Exactly all the complicated jargon makes no sense at all. Keep it simple is how I like it.
@glow1815
7 ай бұрын
💯 %
@taylorgreen5908
2 жыл бұрын
My advice is always to keep the majority in ETFs that cover multiple sectors. Then have a couple stocks, as a small percentage, picked out that you feel personally attached to or interested in. That way you can mitigate a lot of the risk but also have a personal touch to your portfolio. I feel this mitigates some of the emotional downsides or disinterest people have with investing. Also helps with the urge to constantly buy/sell with fluxes in the market. Grateful i have an adviser at this point. major Thanks to James Fletcher Brennan
@emilyhowe3359
2 жыл бұрын
any recommendations ?
@donaldlocher2537
2 жыл бұрын
i'm happy there are lots of people doing so well...Love this channel for the transparency
@jaslineb2799
2 жыл бұрын
So Do you recommend to don’t invest on index founds?
@taylorgreen5908
2 жыл бұрын
@@jaslineb2799 i recommend to invest in etfs
@taylorgreen5908
2 жыл бұрын
@@jaslineb2799 but use an advisor like i did to be safe
@MonicaLethbridge
2 жыл бұрын
ahhh this channel is going to help me out so much!! I just turned 25 which I know is still young however I feel like if I start this now vs 35 I know those 10 years can make a big difference. I do get overwhelmed by this stuff and the way you’re explaining everything is simple and easy for me to understand and doesn’t overwhelm and stress me out. thank you!!
@Joshuamayo120..
Жыл бұрын
Hit me up 🖕🏿🖕🏿🖕🏿🖕🏿,,,..
@bilalahmed-tj2il
Жыл бұрын
Thank u so much I am 12 and already stressing about my future and what to do in Roth ira.this video helps a lot
@ChristineBecker1
2 жыл бұрын
This was E-X-A-C-T-L-Y what I needed... thank you! Excellent!!!
@aminaakter7663
Жыл бұрын
I never make comments but you are so good for beginners.I learned a ton from you
@janibeg3247
2 жыл бұрын
If your situation allows it, max out your Roth and 401(k). As a suggestion: put the Roth into a mutual index fund that tracks the S&P 500. Rinse and repeat for 40 years.
@whatsappme5230
2 жыл бұрын
☝️☝️Write directly for more profitable info and insight
@PierceJPeterson
2 жыл бұрын
Man you do a great job at explaining investing topics in simple and easy to understand way. I would have to agree that Fidelity and Vanguard are the best in the game right now.
@NolanGouveia
2 жыл бұрын
Love it!
@Casey-summer
11 ай бұрын
Becoming a millionaire through a Roth IRA or a 401(k) involves different strategies for maximizing profits. A Roth IRA offers tax-free withdrawals in retirement, which can be advantageous if you expect to be in a higher tax bracket later in life. On the other hand, a 401(k) provides tax-deferred growth and potential employer contributions, boosting your savings. The optimal choice depends on factors like your current and future tax situation, employer match, and investment options. Consulting a financial advisor can help tailor a strategy that aligns with your financial goals and circumstances.
@mellon-wrigley3
11 ай бұрын
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
@sloanmarriott5
11 ай бұрын
I wholeheartedly concur. At 60 years old and newly retired, my external retirement funds total around One million two hundred fifty thousand dollars.. With no debt and minimal retirement fund allocation relative to my portfolio's value over the last three years, I recognize the importance of a financial advisor. Neglecting them isn't an option; however, thorough research is vital to find a trustworthy fiduciary advisor.
@louie-rose7
11 ай бұрын
*@shirleygarland4766* This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
@sloanmarriott5
11 ай бұрын
I'm guided by "Camille Alicia Garcia" an experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
@louie-rose7
11 ай бұрын
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
@quillen7659
2 жыл бұрын
This is the video I've been waiting on! I just don't know where to start investing, until now! This seems to really help! Thank you
@JoshuaMayo
2 жыл бұрын
I'm happy to hear that Quillen! 🙌
@SteelDoesMyWill
2 жыл бұрын
EVERYONE under 30 should be doing this right NOW. If you aren't under 30, it isn't too late. I had to 'start over' when I was 38 and my net worth is now.... a lot. Start building good investment investment habits today, then you'll have WAY less stress down the road. BTW, to fully fund a Roth IRA for the year, ($6K) it will only cost you $115.38 per week. I can make that much in one day driving Uber, easy.
@zmarcusberry
2 жыл бұрын
I’m 29, am I too late.
@SteelDoesMyWill
2 жыл бұрын
@@zmarcusberry No, I had to 'start over at age 38 and I'm doing fine. I'll still be a millionaire when I'm 62, you can do it easily and make more.
@zmarcusberry
2 жыл бұрын
@@SteelDoesMyWill do I need great credit to open one? Can I put more than 6k a year?
@grandaddy7638
2 жыл бұрын
I don’t know how the hell you popped up in my recommendations but Ok you really explained a lot in a little time and helped me invest some money rather than spend it on dumb materialistic shit thanks you have a new subscriber
@ZlPTRADER.
Жыл бұрын
Hit me up 🖕🏿🖕🏿🖕🏿🖕🏿🖕🏿🖕🏿
@bartoszdobroslaw9774
2 жыл бұрын
Great stocks and I just bought in on them, but I'm interested in making short term profit, let say turn a $150K to $500k in 6months, I'd appreciate tips on how what stocks to buy to make this much profit.
@bartoszdobroslaw9774
2 жыл бұрын
@Johannes Buchanan That sounds great and how do i connect with her ?
@bartoszdobroslaw9774
2 жыл бұрын
@Johannes Buchanan Okay i just found her website and left a message for her. thanks.
@juliancontreras6502
2 жыл бұрын
@@bartoszdobroslaw9774 it’s a scam stop
@SeanBaker
2 жыл бұрын
I knew most of this, but this was a very very very helpful video! Other creators should take note. Step by step is key to teaching some people.
@chocolatemint9225
Жыл бұрын
Young people, open your ROTH asap! Time is on your side. I am 52 finally getting around to this (I have a pension but it’s not gonna be enough). This was a good, clear explanation of the process 👏🏽👏🏽👏🏽
@joy2come119
6 ай бұрын
I don't know how my parents are doing it but they only receive ssi as they either didn't know about investing or just to poor to do so. May I ask if your house is paid off?
@christopherpouncy6352
Жыл бұрын
THANK YOU!! I WENT STEP-BY-STEP AND USED THE EXACT AMOUNT OF $1000 TO INVEST IN THE FSKAX MUTUAL FUND!!! GREAT TUTORIAL!!
@aj4909
Жыл бұрын
Thank bro got it all set up $300 monthly at 18👍
@Kookaveli
7 ай бұрын
Hey it's been almost a year and wanted to know how much your portfolio has grown!
@aj4909
7 ай бұрын
Literally nothing, ended up becoming homeless and had to pull it out to keep paying bills.
@turbodiesel321
3 күн бұрын
seriously dude, thank you. this kind of information can change lives
@USA-freedom
2 жыл бұрын
At my last job before I retired they added a Roth to the 401K so you could do both post tax and pre tax contributions. My personal suggestion is to take a 33/66% approach meaning for every 1% you put in a Roth you put 2% in a Traditional IRA or 401K. If you max out the Roth convert the remainder into a Traditional or 401K if possible. For investment and tax reasons you will never regret this approach.
@andressaenz848
2 жыл бұрын
Thanks 🙏🏽
@SilverHonda0767
Жыл бұрын
I have a Fidelity Roth IRA account for the past few years now 💰💰
@joshuamayo169Gmail..
Жыл бұрын
Let’s try something new over there to help grow your FINANCE……
@joshuamayo169Gmail..
Жыл бұрын
Get in touch…….❤
@SilverHonda0767
Жыл бұрын
@@joshuamayo169Gmail.. ok how ?
@ClementRusso2
Жыл бұрын
Choosing a Roth IRA is advantageous as it uses after-tax funds and allows tax-free growth. When I retired, I had $3M million saved, and I won't be taxed on my withdrawals.
@looserkid8143
Жыл бұрын
Thank you bro you made it very simple and straight forward I’m about to turn 19 in 2 months gonna start mine
@bruceflowers8025
2 жыл бұрын
Good strategies, although there are still some gray areas. I think for someone like me who still finds trading on his own difficult, a professional broker will come in handy. Not planning to lose thousands as I did last year trying to figure it out on my own
@derrancerton9676
2 жыл бұрын
I totally agree with you. Made lots of mistakes that cost me thousands but luckily one day I saw on a business evening show this professional trader ‘Donald Ben Taylor‘ so I had to search him up to help me trade. I made my first million after few months of him handling my trades for me
@paulinadenver8437
2 жыл бұрын
At the moment, there is no clear way to get unbiased advice on stocks. It's your money. You deserve to know that it's being invested in the best way possible. Donald Ben Taylor can provide you with the best advice on where to invest your money. He has a deep understanding of global markets and how they impact individual stocks, so you can be sure that your money is safe with him.
@Chatgptreads
2 жыл бұрын
This was VERY helpful information Joshua! Please continue to educate us on more ways for financial freedom!
@anash578
2 жыл бұрын
Thx again bro .. your saving my money from inflation. Your break down are simple enough that a child would understand. 💪🏾💪🏾
@sophia_megan
2 жыл бұрын
This is God's work. Thank you. I needed this step by step and simple breakdown so bad.
@JoshuaMayo
2 жыл бұрын
I'm glad I could help!
@MisterMotiv1
4 ай бұрын
I just wanted to take a moment to congratulate you on your amazing KZitem channel! Your videos are truly inspiring and entertaining. You bring so much value to your viewers, and you do it with so much passion and dedication. Keep dazzling us with your exceptional content!
@msbeebea4240
2 жыл бұрын
Thank you for Speaking simple English to help those of us who are beginners!:) I appreciate you✊🏽
@whatsappme5230
2 жыл бұрын
☝️☝️Write directly for more profitable info and insight.
@michaelv77
2 жыл бұрын
MISSING ADVICE: to select the broker and the fund that has a minimum Expense Ratio! Also, Roth IRA option with a good index fund and low expense ratio may already exist in your 401k, so you may not need a new broker.
@decibella12
2 жыл бұрын
can you elaborate on that?
@michaelv77
2 жыл бұрын
@@decibella12 , an expense ratio (ER) describes management fees for owning a fund. For example, if management takes $30 per year for every $10K that you invest within fund, the expense ratio is 0.3%. This fee eats into your investment, so you should compare fees before investing. Anything under 0.1% is good, and Fidelity advertise even 0% ER index funds. I assume they are managed automatically without human involvement, so no service fees. Your 401k may allow you to invest in ROTH as well, so no separate IRA is needed. But again check ERs of all your investments to minimise service fees. In the distant future you will roll over your 401k to IRA before hitting age of 72.5 anyway since required minimum distributions do not touch Roth in your IRA, but do require from your Roth in 401k.
@Leeon_King
2 жыл бұрын
@@decibella12 If I'm understanding what they're saying correctly, in other words choose a broker/fund that you pay less money to annually. I believe FSKAX is 0.015% so for every $10,000 you invest, you'll pay $1.50 annually compared to Vanguard's equivalent which is 0.04% or $4 per year with that same amount.
@jennathompson918
2 күн бұрын
Thank you for breaking this down in such a simple way !! Very helpful!
@nickcapps85
2 жыл бұрын
HANDS DOWN THE BEST VIDEOS I HAVE WATCHED ON KZitem. I wanted to invest in stocks and a ROTH IRA for years and I never knew how to make that leap without spending money on a broker or trades. You explained it and keep explaining great things. I recommend your content to all my friends and family.
@KawaiiAnimeTokyo
2 жыл бұрын
Tysm for this. As a 1st gen immigrant graduate, i found this extremely useful and setting myself up to be financially stable !
@decibella12
2 жыл бұрын
Boy! It's hard...I'm so lost lol, best of luck sister
@Robertgriffinne
11 ай бұрын
What is the best way to profit from the current market, meanwhile I'm still undecided about investing $400k in my stock portfolio to get some dvidends and minimize risk
@PhilipMurray251
11 ай бұрын
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
@Alejandracamacho357
11 ай бұрын
With the help of an investment advisor, I was able to diversify my $550K portfolio across multiple markets, and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks, ETFs, and bonds
@user-3456rtu
11 ай бұрын
Pls who is this coach that guides you? I’m in dire need of one
@Alejandracamacho357
11 ай бұрын
NICOLE DESIREE SIMON is the Consultant that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info.
@user-3456rtu
11 ай бұрын
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.
@falaniaae1835
2 жыл бұрын
Thanks for the explanation that’s easy to understand. You make it understandable. Now I can take my contribution and start investing rather then let it sit in a savings account not earning anything.
@sandyrose76
Жыл бұрын
Kate Kayden says Hello. My guy and I are 46 and 52 we both have a 401k or 403b we are starting to invest together so we opened a Fidelity Account and will begin investing in Mutual Funds, EFTS, REITs and the like. Look forward to watching more of your videos and learning.
@angelofbliss
2 жыл бұрын
maybe i need to watch more videos but what i understood was - for an IRA go with Index, otherwise ETFs. So i should be able to use dividend ETFs for my IRA , but i wouldn't have access to the dividend without penalties. So my two choices would be: an IRA with growth or an ETF dividends with costs.
@hnemte2975
Жыл бұрын
Thia is sooo clear to understand Thank you so much!
@TheMishibu
2 жыл бұрын
Won’t He do it!!!!🙌🏾🙌🏾🙌🏾🙌🏾 Joshua you just earned another subscriber. Thank you so much. I appreciate your help.
@JoshuaMayo
2 жыл бұрын
Thanks for the sub!
@kathleenheily
Жыл бұрын
the way this video was easy to follow and understand 👏🏼👏🏼👏🏼 thank you so much, this video truly helped me so much!
@josephkennedy3541
12 күн бұрын
Excellent information. Cleared my questions completely. Nice Job!
@raulzavala4546
8 ай бұрын
Everything i wanted, perfectly put together video brother
@Reef_Runner
8 ай бұрын
Finally, someone actually explained it in an understandable way!
@ToonGodTV
Жыл бұрын
added this to my notes thank you
@joshuamayo169Gmail..
Жыл бұрын
Let’s try something new over there to help grow your FINANCE……
@joshuamayo169Gmail..
Жыл бұрын
Get in touch……❤
@JSMIN-gg3xl
2 жыл бұрын
Wow I just opened a Roth IRA a couple days ago on fidelity and I contributed 1k but this video would have been nice when I was looking up tutorials lol, great vid ! And I also purchased the fskax fund too so great know that I’m the right track ! :)
@alrocky
2 жыл бұрын
If you can afford to do so contribute $6,000 to your *2021* Roth IRA.
@michaelv77
2 жыл бұрын
Make sure you invested into lowest expense ratio fund.
@potterylady44
2 жыл бұрын
@@alrocky at one time or threw out the year?
@alrocky
2 жыл бұрын
@@potterylady44 If referring to your *2021* Roth IRA, you have until tax day (typically April 15) 2022 to contribute $6,000, so just over a 30 days. You should do that before starting your 2022 Roth IRA. If you can afford to contribute $6,000 to your 2022 Roth IRA all at one time or if not throughout the year. If you have a job that offers 401(k) with a company match you should contribute at least enough to get that match.
@fortgrove3166
9 ай бұрын
Remember a Roth 401K is similar to the Roth IRA except the employer’s contributions is pre-tax but the Secure Act 2.0 allows employer’s contributions go to Roth as well.
@carlanash1028
2 жыл бұрын
Joshua thank you so much for breaking things down for us. I had most of my Roth IRA in a cash position until I finished your video. Now my account is earning while i sleep!!!
@jahaesjourney362
2 жыл бұрын
Are you with fidelity?
@jordangish6579
Жыл бұрын
Thank You , this helped a lot :)
@kmesr53
2 жыл бұрын
I’m so glad you have the knack and expertise to explain investments in “layman’s terms”. You say you’re not a financial advisor but I disagree. You’re MY advisor. 👏🏾
@Joshuamayo120..
Жыл бұрын
Hit me up 🖕🏿🖕🏿🖕🏿🖕🏿🖕🏿
@jackrabbitslim8536
2 жыл бұрын
I really appreciate how simple and easy you make investing. Thank you.
@stephanieavalos663
2 жыл бұрын
Thank you !!!!! You speak so clearly which is so uncommon when explaining these types of things. Loving your content!
@TotoTheMan1
2 жыл бұрын
Thank you for this. Just took my money from Vanguard 401K and opened a Fidelity Roth IRA. This video was the push I needed to open this account. Thanks again!
@ikeugbor9205
2 жыл бұрын
Does Vanguard not have option for IRA?
@ebonylo.
2 жыл бұрын
@@ikeugbor9205 they do. I don't understand why they would do this
@CENA896
2 жыл бұрын
Well said many people never heard of a Roth IRA and I'm like are you kidding me or they just put money and not invest it into a fund
@melvinwalters3366
2 жыл бұрын
You can't teach what you're not fully conscious of, or what no one taught you. He passed no blame, but is on the right track.
@joahnaruiz4960
Жыл бұрын
In order to invest in Vanguard you need, a minimum amount of $3,000.
@thormya
2 жыл бұрын
I been looking for you. Thank you thank you 🙏🏼 you are a blessing. Seriously thanks for being so detailed.
@StefGio428
2 жыл бұрын
U made this make sooo much more sense and listed many options… cheers
@karmenbab1731
Жыл бұрын
Wow you are amazing how did you explain everything perfect. Thank you
@e79422
Жыл бұрын
Excellent video! This may be a dumb question, but is taking money from my regular savings considered post tax money or do they take additional taxes out when I open a Roth IRA?
@kristinakuk3078
10 ай бұрын
Thank You Joshua. You're a gem. Everything you explain is sooo clear and understandable. Love your content
@tanyanickerson4006
Жыл бұрын
Thank you! Jordan you have the best channel out know else shows how to or give detailed information you rock.
@Direct.injection212
2 жыл бұрын
Excellent material sir! Thank you for educating evertyone. This is very much needed. ETF = Mutual fund that trades like a stock.
@smasher1234
2 жыл бұрын
I subscribe just because you went on and showed us all how to start a ROTH. Thank you
@jabarilewis18
2 жыл бұрын
First-person I have seen actually show the steps on a brokerage website!!!
@jackiedecastro
Жыл бұрын
Great explanation 👏🏽👏🏽👏🏽 Mo time is wasted. Beginning to end everything you need to know about a Roth IRA. Perfection! Sending this to my 18 year old sis to get her started. Thank you so much for this digestible video on investing
@veronicacarrasco3350
2 жыл бұрын
Thank you so much for explaining this so I can actually understand. I’ve been wanting to invest but didn’t know where to start. 😃
@JoshuaMayo
2 жыл бұрын
That's great, glad you found it helpful!
@MyYami123
Жыл бұрын
Thank you so much for showing the step-by-step! It's scary when I have no ideas what am I doing! I probably sign up and don't know where to add the money to. Thanks
@thetexicanos1144
2 жыл бұрын
Precciate you bro I opened a roth ira account several months ago i just been contributing to it and havent invested, you have helped me with that 💪🏽🔥
@Beennnzzzzooooo
6 ай бұрын
Love the way you explain each and every video. The insight and details you provide us with. Thank you JOSHUAAA
@ALDAPRESIDENT504
Жыл бұрын
Great breakdown brother. Actually showing the steps helps a lot more. Continued success.
@millicentgauntlett3079
11 ай бұрын
First time here... excellent video... easy to understand 👏🏾. Please keep them coming.
@Shipwreck8l8
2 жыл бұрын
Thank you thank you! Why this doesn't have a million likes is beyond me.
@lorririvera4506
7 ай бұрын
Fabulous information! I’m going to pass along to my college kids since you explain it so much better.
@glow1815
7 ай бұрын
Glad i came across your video, new Subscriber. Very helpful and so much easier to understand than so call " financial advisors" they just want you to sign up and like they don't have time to explain... To this day i undrlerstood very little( until i watched your video) how Roth works which i have an account with them vis employer. I started $800 from rolled over. It grew quite a lot within the last 1 years. I was shock when i saw the number from the last quarter, i thought i was seeing things lol. This is only what i contribute not including employer contributions. Thank you!
@stephaniehenry89
2 жыл бұрын
this is by far the best video that explained this process nicely...wow!!! thank you so much.
@jeff19711969
2 жыл бұрын
Oh Man, you are so good explaining this step by step. Thank you!
@JoshuaMayo
2 жыл бұрын
Glad it was helpful!
@user-fm7vg4dv1k
Жыл бұрын
That was super helpful for me, thank you
@danielhe551
2 жыл бұрын
So far, the best Investment KZitemr!! Keep it up man!!! Great videos!!
@Joshuamayo120..
Жыл бұрын
Hit me up 🖕🏿🖕🏿🖕🏿🖕🏿
@ZoneE3
2 жыл бұрын
Pay yourself first guys and stop making these companies out here more rich stop buying new stuff you want but don't need invest in yourself. Have money making money for you...
@adrianacardenas5948
12 күн бұрын
Thank you so much for the great info.
@sierrasiler
Жыл бұрын
THANK YOU. This was so clear helpful and straightforward
@trooper6418
2 жыл бұрын
This was SOOOO very helpful!! Thank You & Great Visuals!!! Looking forward to learning more from you.👍🏽
@madant22
Жыл бұрын
So basically the amount you put in your Roth-IRA whenever you decide to put in you can take out and use. But if you go over the amount you yourself put in no matter how many times you put in your own money. You will be taxed is that what your saying? Or if you put in money and soon as it start growing gains and interest. You get taxed when you withdraw or use the money?
@She_lives_in_color
11 ай бұрын
Now that’s what you call thorough!
@CrypticDanny
5 ай бұрын
Short, simple, and easy. Great video thanks for the information!
@sheilag6421
2 жыл бұрын
New sub here. This was MOST HELPFUL & INTERESTING INFO!! Excited about this channel & all there is to learn!! 💲
Пікірлер: 864