In this video, you will learn the 10 personal finance lessons that have had the biggest impact on my life. My wife and I learned …
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In this video, you will learn the 10 personal finance lessons that have had the biggest impact on my life. My wife and I learned …
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34 comments
Market crash fatigue is affecting many people who are tired of hearing bad news. I want to diversify my $250K portfolio. Inflation is really making retiement so difficult so i want to be finacially secure.
Iโve proven you wrong on number 4. My wife is terrible with money, doesnโt work and spends money as fast as she gets it and will never change. It was hard at first but Iโve kept finances separate and eventually got my earnings to a level where her spending doesnโt matter and Iโve invested a tonne of money for the future .
His videos are so clever and well done, well.communicated and great info!
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio thatโs well prepared for any eventually, thatโs how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
Warren Buffett is know to buy Treasury bills every Monday.
.
Great channel and advice. Thanks a bunch.
Personal Finance Management strategies
https://personalfingrowth.wordpress.com/2024/04/15/chapter-2-personal-finance/
This is stuff I really need to hear. Thank you so much. Iโm definitely subscribing
However today 1 million is not a lot of money.
This is great. Gracias.
I love how number 3 is a nice way to say "dump your loser friends" ๐
Great lessons thanks!
#10 โค
"Thousands of people lost their money when the crypto market crashed"
This is true.
And my investment in crypto also went negative… but… I didn't sell. Now 1 year later, I am up a significant amount!
Patient investment can be done on crypto too but you have to be patient and look at the big picture.
I wouldn't recommend anything except that investments are all around us if we are willing to put in the effort to learn and have patience.
First of all, this whole economic chaos was powered by optimism that the FED is done with hiking interest rates. Now that interest rate crash is the situation, where do we go from here? How would you advise I safely allocate $250k funds at this point?
part of what he says is bullshit
Finance tip: move out of California
they 'couldn't' care less ๐. great channel and content.
Love the videos, but here's some feedback: You keep using the expression "I could care less", but the correct saying is "I couldn't care less".
Tae, you are really good! Straight to the point, no BS, great advice. Thanks a lot for that. Keep it up. Best from Brazil.
Correction. VTSAX is not "full/total market". It's US stock market only.
The BEST channel! The best money books I have ever readโฆ.Rich Dad-Poor Dad and The Millionaire Nextdoor.
I love this video on personal finance saving
Very nice video, but please stop saying "that changed my life" every few seconds.
Amazing summary of financial success
True, I bought brand-new Hyundai Sonata 2022. Paying $522 CAD every month also paying Higher Insurance premium because car worth more. I regret for that foolish step but luckily I have made my mind to run that car for 10 years from purchase date. So I will convert that Current overpaying Liability into future Asset.๐๐
It's "I couldn't care less"
Not "I could care less"
Love that last one about buying freedom. Seeing to achieve that!
Bro thank god I haver done any of that bs! lol I could care less what anyone thinks of me. Iโll never understand that
I love this video on personal finance saving
Even though itโs probably very true that a personโs socioeconomic status is highly correlated with that of their closest friends/ relatives, (though of course not literally average of closest 5),
I personally think the causation is mostly in the opposite direction: ie a personโs wealth determines what friends they make. Though 3rd factors such as family background play a role as well.
Lottery winners (though the sample size might be small) might be used to test this claim. Or even perhaps self-made successful people, but that might be tricky.
(Now Iโm curious to read up more haha)
Hi! Iโm excited to be here in your channel and Iโm interested in learning more about investing and saving up for my retirement but am a little confused about the whole process. Any advice or tips to get me started up would be greatly appreciated.
Iโve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my money goals?