4% or 8% withdrawal rate? These are the types of questions I ponder . . .
@DowsStockTalk
8 ай бұрын
Reaction Video
@Joenzinator
8 ай бұрын
If you are a young retiree, 2.5 to 3% to be safe.
@jasonleatherwood2172
8 ай бұрын
I retiring at 59.5 should at 200k in retirement me and the wife maxing out roths and saving to buy our first rental cabin we are 37 now hope to have at least 2-3 paid for cabins and over 1 million in roth by then we could live easily on the cabins and 5% remember boys health insurance on the pricate market is stupid expensive from 59.5 to 65 when you can get medicare
@Joenzinator
8 ай бұрын
@@jasonleatherwood2172 I'm a long way away from retiring, but I'd like to retire early. I'm loading up my HSA which can be used to cover insurance premiums.
@C_G1234
8 ай бұрын
He should slam Dave and his absolutely ridiculously bad “advice”
@lol5-ep3je
8 ай бұрын
Cardven token is awaiting major CEX listings. Its possible to hit 100x this year.
@3HDG-ml7ou
8 ай бұрын
Cardven token will make millionaires, after CEX listing it will blow up.
@Curbalnk
8 ай бұрын
5% annual return is easily thrown out there for illustrative purposes, but not so easy to achieve! Where do i put £500k cash holding to keep cash safe for next 4 years? My concern is bankruptcy
@colleen.odegaard
8 ай бұрын
I think you're better off with majority investment in S&P500 and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
@kashkat987
8 ай бұрын
When it comes to situations like this, it’s wrong to engage in a single option. I suggest diversifying into various options with high performance coupled with the experience and aid of a finance Pro will generate bigger dividends and balance volatility.Thankfully, I can attest to the success of this approach seeing my portfolio of $330k grow by 85% in 3 years.
@blaquopaque
8 ай бұрын
@@kashkat987 this is huge! mind if I look up the advisr that guides you please? only invest in my 401k through my employer for now, but enthused about diversifying my investments for a prosperous financial future
@craigholland2274
7 ай бұрын
Money market paying 5.33
@kashkat987
7 ай бұрын
Monica Selena Park is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
@RobertBrown..
8 ай бұрын
As an investing 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?
@SarahTaylor_
8 ай бұрын
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
@TS1023TS
8 ай бұрын
Max out Roth IRA for you and spouse if you have one! Get in on the compound growth later on!
@dustineisele7100
8 ай бұрын
In the first point you glossed over “accredited investor”. So essentially if someone meets that criteria then they have more than likely graduated from the suggestions provided. It would make more sense to point out most people could not even invest and therefore should look at the alternatives suggested.
@JosiahK555
8 ай бұрын
I heard you could make a steady 12% on masterworks, and draw 8% every year 😉
@denisethompson1403
8 ай бұрын
😂
@Srilankangosip
8 ай бұрын
I believe Cardven token will go 100x after launch on Binance
@gabec1087
8 ай бұрын
The Office and LOTR memes. Hell yea. Keep it up George 👌🏼
@matthewclina4162
8 ай бұрын
I hear that fine art is a great way to launder money. That article could just as easily have said to invest your money in a star registry, because those stars always go up in value after people name them after their fiancée
@luckyme4320
8 ай бұрын
I am just back from holiday. Our Hotel offered to buy a hotel membership for 60K for 10 years (monthly payments, i assume) for 25 free nights within 10 years, some future discounts on rooms (i mean 15-25%) and on extra services or drinks. Weird? At any point on time you could see at least two couples who were sitting with a salesman and were about to sign. A lot of them really did it and got a vip-bracelet. We met one of the guests in pool later. He was talking about the biggest an investment of his life…
@beckypetersen2680
8 ай бұрын
sounds like another version of the time share
@punkbassandcovers
8 ай бұрын
I got some fine stick fugure art on our fridge if someone with money to burn wants to throw some our way 😂. This art was even made with a good amount of whine.
@jillhoftiezer960
8 ай бұрын
Ankeny, Iowa is my hometown! Thanks for the mention!
@elcheekoful
8 ай бұрын
Besides 401K, Roth IRA, and Real Estate.. Id say a Big asset that holds its value is Guns. Guns historically have great resale value and never go down in price as long as its a good brand for example Glock,Ruger, Browning, etc. Gold and silver are ok as well.
@zacharywoodward5154
8 ай бұрын
Exspully Machine guns
@Hodgiez
8 ай бұрын
Piece Sells…But Who’s Buying?
@wolfman4162
8 ай бұрын
Megadeath
@AbstractCatsMedia
8 ай бұрын
I'm such an art lover, but I would never "invest" in art, if I were a billionaire, I'd buy Francis Bacon's work to keep. I've seen these ads on Chrisy's auctions and just laughed...WWDD? ;)
@logankillingsworth8725
8 ай бұрын
You’re videos crush it everything. You’ll be passing mr beast in no time
@stevenporter863
8 ай бұрын
3:08 Art? There is a reason for the common term 'starving artist'. Besides, you have to know art in and out outerwise it is like throwing money at some random kid's drawing on the refrigerator.
@vintagecollector5340
8 ай бұрын
Yes, spend time knowing what you're doing. It's easy for anyone to look at these things and say "Art? Ha! No thanks. It has no intrinsic value and only is worth what people will pay." True, but isn't everything that way? Anything collectible that has value has some sort of market. Contrary to popular belief, there are decent alternative investments if you know what you're doing.
@seanyingling1127
4 күн бұрын
To buy art you have to PERSONALLY buy investment grade art. Business Insider is not really a great source for information. Buying investment grade art means going through trusted auction houses and getting appraisals. The REAL financial value of investment grade art is TAX BREAK you get from donating it after it has been appraised. Wine is speculative unless you are an industry insider and understand wine futures that is less of an "investment" and more of a business if you get into it.
@wallcouldtalk
8 ай бұрын
Hard disagree to only buy property if you can buy it cash. I know that's your thing, but still.
@johnconner8437
8 ай бұрын
Just more proof money doesnt =intelligence
@abraham5233
8 ай бұрын
Thanks dude
@Skittleboys
8 ай бұрын
Happy Thanksgiving!
@BrianK-zz4fk
8 ай бұрын
i totally disagree with maxing 401k. Invest up to what the employer will match. They usually have limited options and wont get those 1000% returns like LLY.
@bartdoo5757
8 ай бұрын
What is LLY?
@BrianK-zz4fk
8 ай бұрын
@@bartdoo5757 Eli Lilly the drug manufacturer. I was in for the alzhemiers drug but exploded with the fat lose drug.
@AbstractCatsMedia
8 ай бұрын
Linda, I'll give you $5.50 for the Grimace!
@FrankS111
8 ай бұрын
That’s because inflation is that bad, George. Rich people know to hold assets that are physical, cannot be reproduced, and one of a kind.
@denisethompson1403
8 ай бұрын
I’m sorry to say there is no Ross in Ankeny Iowa😢
@seankirchner2378
8 ай бұрын
Is a "butt ton" normally used to measure cash? Always thought that it was part of the metric system, that's why we never learned about it in school.
@dirtdevil70
8 ай бұрын
You're thinking of butt Tonne....butt ton is ancient Aztec:-😅
@chrisbaker2669
8 ай бұрын
Wine is not investment unless you own a club, restaurant, or a grocery store and wine is part of your inventory.
@TSGBOSS09-bv9to
8 ай бұрын
Cardven token and amazon signed a partnership. It will blow up once it hits mainstream.
@unionderap6820
8 ай бұрын
Walmart and Cardven token just signed a collaboration??
@davidk6498
8 ай бұрын
We love you George run from that cult Dave Ramsey solution you have no voice there his way or the the highway I know you have a young baby run don’t walk I am with you George you can make it
@thedude5040
8 ай бұрын
And what's wrong with Ramsey?
@ChubbyBlumpkinz
8 ай бұрын
@@thedude5040he’s a delusional old man. Holding our guy George back.
@FairBeautyEssentials
8 ай бұрын
🙄
@oherroprease207
8 ай бұрын
You don’t have to agree with your boss on everything. We know where Dave stands and we know where everyone else stands. It’s not that big of a deal!
@mxerb5912
8 ай бұрын
@@thedude5040he’s probably angry that Dave is a Christian
@millennial_thinker
8 ай бұрын
Would crypto currencies be considered alternative investments?
@joeriveracomedy
8 ай бұрын
I looked at investing at groundfloor but they don't let you search properties
@ifcinvestor569
8 ай бұрын
The real estate debt investing platform?
@joeriveracomedy
8 ай бұрын
@@ifcinvestor569tis the one. Their option are limited/directed to clients they prefer get funding
@Bart-jp1xs
8 ай бұрын
What is wrong with individual stocks? If you know the basics of finance and how to read a balance sheet , then why not. If your talking to the mass of people who doesn’t have enough money for a 400 dollar emergency fund ,fine but individual stocks have treated me well over the years.
@bartdoo5757
8 ай бұрын
Individual stocks don't have the tax advantage of a 401K.
@tcgtpl
8 ай бұрын
The Ramsey Solutions Team’s target audience are those who have the financial responsibility of a five year old, so they think everyone is too stupid to be able to make rational decisions outside of their plan.
@Bart-jp1xs
8 ай бұрын
Tax savings are a different subject. I can honestly say that if you think that if you cannot make more money than you can save off your agi then don’t invest in individual stocks, but remember that you will end up paying taxes when you start drawing off your 401k. The point is that do you think that taxes are going down in the future please let me live in that world.I will live off the taxes I pay today and cash on long term capital gains than defer and pay the future. What ever our wonderful government decides when I retire with the taxes then. Remember the trump tax cuts expire next fiscal year, then what?
@bartdoo5757
8 ай бұрын
@@Bart-jp1xs That's why I have a regular 401K and a Roth 401K.
@davidbrooks8809
8 ай бұрын
I agree 100% with you..😊
@abelfaber4457
8 күн бұрын
Wine is just expensive grapejuice for adults.
@jarodfranklin1081
8 ай бұрын
Paying in cash for real estate is one of the most financially stupid decision you can make. Leverage is one of the greatest compounders of your initially investment.
@ifcinvestor569
8 ай бұрын
They must not understand the stock market if they're losing confidence in it!
@vintagecollector5340
8 ай бұрын
Some alternative investments do work, but any that are already sold to you as fractional shares is obviously already too expensive and shouldn't be considered. These are very risky and likely will generate very little to any returns, since most are often already into the six-figure and seven-figures. That leaves little room for growth. This is where you do your research for other undervalued alternative investments and begin value investing. Its not hard, you just have to do alot of homework to make it work for you.
@Joenzinator
8 ай бұрын
If people want to do alternative investments, I think that's great, as long as it's less than 10% of their total portfolio.
@vintagecollector5340
8 ай бұрын
@@Joenzinator Well, the key is to simply know what you're doing. Call me foolish, but alternative investments is where I have a big part of my nest egg at. I've studied the markets well over the years and know where to put my money. I have made decent money even flipping some items. There's decent money to be had, especially in undervalued markets.
@Joenzinator
8 ай бұрын
@@vintagecollector5340 I wouldn't really consider flipping to be an investment. It's more like a business / job since it takes time. Definitely some money to be made, but it's only scalable to a certain point, because at some point it takes too much time.
@GeorgeKovner294
8 ай бұрын
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Margaret Bryant.
@petermichael166
8 ай бұрын
I invest with Margaret Bryant too, she charges a little commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.
@JeffreyBaldwin583
8 ай бұрын
This is not the first time i am hearing of Margaret Bryant and her exploits in the trading world but i have no idea how to reach her.
@GeorgeKovner294
8 ай бұрын
She often interacts on her verified Telegrams, using the user name written below
@GeorgeKovner294
8 ай бұрын
@ BRYANT4 💯 ..that's it
@JenniferDaniel638
8 ай бұрын
Amazing I also just started trading with her, she is the best at what she does with an initial investment of $1400 i made up to $5230 in just a week of trading with her. her strategies are mind blowing.
@julieb6680
8 ай бұрын
I’d rather consume wine and build wealth
@davidbrooks8809
8 ай бұрын
😂
@jabow1878
8 ай бұрын
Happy meals toys are now Pokemon cards. Yowza!
@kathys1285
8 ай бұрын
Ok the first one everyone pays in plastic so that’s out ✅ ok investment in art ahhh no ✅ ok invest in others peoples crap 💩✅ no
@Nursemidratz
8 ай бұрын
I totally said Asians reading the title
@Avaymavi
8 ай бұрын
I believe Cardven Token will change E-commerce forever. Thank me later!
@collinsmusicacademy270
8 ай бұрын
You can tell that Dave started screening these videos after that 3% mishap a couple weeks ago 😢
@davidbrooks8809
8 ай бұрын
Lmao!!!😂😊
@Bayuperkasa23
8 ай бұрын
Cardven Token is launching, 1000x gains. Thank me later...
@yhckelly
8 ай бұрын
"This article is riddled with affiliate links so recommending the things is suspect"- brought to you by Better Help. If you need some help, choose Better Help. Sorry man, you have to eat your own cooking- I agree with the content here- traditional investments are the way to go. Thank you.
@davidbrooks8809
8 ай бұрын
Why can't you do BOTH!!??
@jyfv7262
8 ай бұрын
Cardven Token is launching, 1000x gains. Thank me later...
@NiteshShahYT
8 ай бұрын
Cardven Token is launching, 1000x gains. Thank me later...
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