It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
@usmanyahaya9782
2 ай бұрын
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through a job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
@PatyRamírez-z9z
2 ай бұрын
@@usmanyahaya9782 I totally agree. A financial advisor can provide valuable insights and help ensure that our investment portfolios are aligned with our long-term financial goals. They have the expertise to navigate through market fluctuations and make informed decisions.
@KarenDuncan-o5s
2 ай бұрын
@@PatyRamírez-z9z I’ve been down a ton, I’m only holding on so I can recoup, I need help, who is this investment adviser that guides you?
@PatyRamírez-z9z
2 ай бұрын
@@KarenDuncan-o5s Finding financial advisors like Victoria Carmen Santaella who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@KarenDuncan-o5s
2 ай бұрын
@@PatyRamírez-z9z I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Victoria Carmen Santaella up and send her a message. You've truly motivated me. God's blessings on you.
@testLuck
3 ай бұрын
Stop the corruption in the stock market
@Corkfish1
3 ай бұрын
Cash on the sidelines??? 😂 Someone needs to explain to the "expert" that there are two sides to every trade. If someone takes their cash off the "sidelines" to buy stock what does the seller do with the cash he just received? He puts it right back on the "sidelines".
@lesliehatun2044
3 ай бұрын
Seasonality. Cash on the side lines? 6 trillion. Who got all this money? No wonder people are barely making it. The daily struggle to pay for food, energy, housing, insurance and at the end of the day, it's Seasonality? What in the heck is BofA Stephan Suttmeier talking? Chasing over bought markets? Can barely buy blue eggs.
@Corkfish1
3 ай бұрын
I laugh every time I hear one of these clowns come on and yap about " cash on the sidelines". There are two sides to every trade. If someone takes their cash off the sidelines to buy stock, what does the seller do with the cash he just got? He puts it right back on the sidelines. These guys come on TV to pump things up with this tired old platitude.
@dgaz3057
3 ай бұрын
Those that think its hype don't own it.
@alexoloughlin2614
3 ай бұрын
BITCOIN 😂
@GregRyanFitness
3 ай бұрын
Summer rally he says as the market sells off today! Lmao, clown.
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