Following up with our "Don't Run Out of Money During Summer" episode 27, we talk about how to set up our bank accounts to save for long-term goals. -- Get a free teaching resource by joining our email #newsletter -- http://bit.ly/c4lYTnews CONNECT W/ US #LINKS: Shop Our Teaching Resources - http://bit.ly/c4lYTtpt Blog - http://bit.ly/c4lYTblog Facebook - http://bit.ly/c4lYTfb Pinterest - http://bit.ly/c4lYTpin Instagram - http://bit.ly/c4lYTinsta Twitter - http://bit.ly/c4lYTtwitter -- We like helping students think. We're not so much interested in teaching them WHAT to think, but more importantly HOW to think. And even more...that they SHOULD think. We try to create a classroom environment that allows students the space to think, encourages open discussion, and hopefully lights a passion for learning. We believe we are all #CreatedForLearning, and we love exploring what that looks like throughout our lives.
Views: 596 Created for Learning
In this video, I’m going to walk you step by step how I saved over $12,000 in under seven months without penny-pinching, freezing my credit cards, depriving myself of night outs. ► FREE COURSE: Discover The 10 BEST Ways to Make Passive Income Online (Even If You're A Complete Beginner) | https://passiveincomekingdom.com ► Join The Refusing to Settle Mastermind https://goo.gl/wsNnwu ► Free 11 Questions to Change Your Life http://refusingtosettle.com This video is not going to be about budgeting, save money on lattes, cut back on spending. This video’s going to be unconventional truth I used to save money. Here is how to save money fast and some ways to save money quickly even if you're on a strict budget. Most of these methods were kind of easy…. to my surprise. Saving money quick is about setting the RIGHT systems in place to make money work for you, not work for it. Quick Disclaimer — I’m NOT a finical expert! No finical advice is being given here. ALWAYS check with your financial provider before making any big moves with your money. 1. Quapital App: Get a FREE $5 with Qapital Here: https://goo.gl/FRuXC4 My secret weapon. Remember that becoming rich is not about money you make - it's about the money you KEEP. I use that app to save portions of every check I earn online. It does it automatically for me so I don't see it happening! I set to freelancer rule - save 30%. If you download it though that link you'll get a FREE $5 when you make your first deposit. Quick disclaimer: I wasn't paid for my endorsement nor am I directly making money promoting these guys, but I get a $5 as well if you sign up/deposit and it's a cool way you can support the channel! Here are some other methods I used: 2. Pay Yourself FIRST 10% of everything you make yours to keep! -- Make yourself rich! AUTOMATE — DON’T TRUST YOURSELF 3. Ice Cream Freezer GOING to eat it. Money in same bank account = GOING to spend it. Set up entirely different bank account (checking for one bank, savings in another bank) 4. BIG wins I will teach you to be rich -- focus on BIG wins and don’t stress about small stuff — negotiate your salary, good student loans, stay out of credit debt or pay it off, debt free first. 5. Minimalism If you can’t afford to buy five, don’t buy one. Get rid of things - shows you what you don’t need. Strip down to basics. Reverse consumerism. Step out of momentum/mix up spending pattern. Get out of impulsive buying - expenses grow to your income (more money more problems). Parkinson's Law: tasks expand to time allotted. TIP: If you DO buy, switch to cash — hard to do! 6. Audit Yourself Don’t be scared of numbers — most truthful thing out there. Binary. Know your 90-day number. Money in vs. money out. HAVE to know your numbers = HAVE to know your calories to lose weight. ___ // BEST COURSES ▸ (FREE Course) Passive Income | http://passiveincomekingdom.com ▸ Courses That Crush | http://coursesthatcrush.com/go ▸ Video Breakthrough Academy | https://myvideobreakthrough.com ▸ Backstage Studio | https://mybackstagestudio.com ▸ My Best Journal 2.0 | http://mybestjournal.com ▸ 30-Day Coaching | https://my30DayCoaching.com ▸ Shopify Dropshipping Course | https://tinyurl.com/y8zoft8t ▸ Amazon FBA Course | https://tinyurl.com/y7q6yc9u ▸ Facebook Ads Course | https://tinyurl.com/y9gmbz5a ▸ Affiliate Marketing Course | https://bit.ly/2Qfuykr ___ // R E S O U R C E S ▸ Ultimate Online Business Resource Guide | https://bit.ly/2DYmFZk ▸ ULTIMATE YouTube Gear Guide | https://bit.ly/2KUQjQl ▸ FREE Audiobook with Audible | https://bit.ly/2PiF3Og (affiliate) ▸ Join the Refusing to Settle Mastermind | https://goo.gl/wsNnwu ▸ Join the YouTube Entrepreneurs Group | https://bit.ly/2t2fDeW ▸ FREE 14-Day Trial: Build Amazing Websites Under 20 min | https://bit.ly/2G0JRbU (affiliate) ___ // F O L L O W ▸ instagram | @refusingtosettle ▸ facebook | /clarkdangerous ▸ facebook group 01 | https://goo.gl/wsNnwu ▸ facebook group 02 | https://bit.ly/2t2fDeW ▸ spotify mix | https://tinyurl.com/yazfeujt ▸ twitter | @clarkkegley ___ // P L A Y L I S T S ▸ Best of RTS Playlist | https://goo.gl/5Spvy6 ▸ Create Your First Online Course | https://tinyurl.com/y7kmqg5j ▸ Start Your YouTube Channel | https://tinyurl.com/y7luepzx ▸ Money Monday Series | https://goo.gl/7mMxgL #RefusingtoSettle
Views: 1285803 Clark Kegley - Refusing to Settle
Website: https://primedlifestyle.com/ Instagram: Primed Berkshire Hathaway Annual report: http://www.berkshirehathaway.com/letters/2013ltr.pdf Warren Buffett's favorite book -The Intelligent Investor by Benjamin Graham on Amazon: http://amzn.to/2AlojQc Tony Robbins Money Master the Game on Amazon: http://amzn.to/2zyz84n Audible 30 day free trail: https://goo.gl/x64Vb9 Warren Buffett - One of the most successful investor of all times with an estimated net worth of over 80 billion dollars to this date has shared his methods for investing. Having bought his first stock at 11 years of age and having $53,000 dollars to his name at 17, he sure knows a thing or two about this market. And even though he spent a lifetime developing his skills, he’s has shared some very straightforward advice about investing that anyone can take advantage of. Warren Buffett’s first rule is to simply think long term over short term. He might be going overboard with this concept and he is truly embracing it around his entire life. He still lives in the same house he bought in 1958 and is also working at the very same desk since 50 years back and doesn’t use a computer but traditional pen and paper. He’s been quoted saying he doesn’t throw anything away until he’s had it for at least 20-25 years. So thinking long term is natural for him and the ability to resist selling has proved to be very successful for him. So having that said the reason why he’s holding on to what he buys is because he does his homework and does so very well. He’s stated many times that he spends 80 % of his day reading and catching up with the latest news and what companies to invest in. He thinks about life and investing as learning as much as he can and reads between 600-1,000 pages every single day. However not many people have the time or money to read for 8 hours a day and invest a few billions in the biggest companies like Warren Buffet, and it’s not a strategy that anyone can apply and find success with. And I wanted to make a video explaining how absolutely anyone can invest and become rich without taking time to read and grasp what to invest in which is why I’m super excited to share this with you. So when reading the Berkshire Hathaway Annual report of 2013, one of the most interesting paragraphs I found was on page 20 where he gave a very simple and straightforward advice about investing. He says “My money is where my mouth is: What I advise here is essentially identical to certain instructions I’ve laid out in my will. So in his will he’s demanded that future of his family's money money should be invested such as this: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund.” And he finishes it off by stating “I believe the trust’s long-term results from this policy will be superior to those attained by most investors” I told you it was straight forward. Don’t try to outplay the market but instead play with it. No man or machine can predict the ups and downs of the market, well except for Warren Buffett, so it would be foolish to try to beat it when you can simply join it. The very same formula was also mentioned in Tony Robbins book money master the game and index funds really seems to be the future of investments because the market will always rise in long term, and that’s essentially what you invest in - the market. The S&P 500 contains all the 500 largest companies that trade on NYSE and Nasdaq. Instead of picking stocks individually, you can now own a piece of all of the biggest companies such as Apple, Microsoft and Google. And investing in an index fund is very secure since a single company might go bankrupt, however the market will not. And you don’t have to stick to only the U.S market but could invest in the european and asian markets that’s also doing very well and you can even invest in global index funds to own a part of the biggest companies in the world. And for the other 10 %, the short-term government bonds is a very low risk low cost alternative that is also offered by vanguard amongst others. Short-term bonds are very attractive to investors because of they’re very stable and consistently rising, however the return tends to be smaller. And I’ll finish it off through Warren Buffett’s words: “The goal of the non-professional should not be to pick winners but should rather be to own a cross-section of businesses that in aggregate are bound to do well.” Music: Life of Riley by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1400054 Artist: http://incompetech.com/
Views: 1407876 Primed
How Do I Plan Short-Term & Long-Term Savings? Pick your asset class and the various mutual fund schemes, ranging equity stock to gold or even government securities. What's the kind of money you’ll need? Based on that answer you decide what scheme you should choose. Comparisons and specifications of schemes are all available at the click of the mouse now, so make the most of that free wifi and make a wise choice! If you're still old school, ask a financial advisor or banker. But the best advice,we're sure you'll find right here on this video! Catch Vivek Law in conversation with Certified Financial Planner Gaurav Mashruwala answering your financial queries on BSE presents Plan Your Paisa. Click The Below Link To SUBSCRIBE: http://www.youtube.com/channel/UCOKqI7wA_ohFnx7PFSOPLBA?sub_confirmation=1 Facebook: https://www.facebook.com/investonomix Twitter: https://twitter.com/investonomix For More Details Visit: www.investonomix.com
Views: 2861 Investonomix
Subscribe on YouTube: http://bit.ly/lbsyoutube Follow on Twitter: http://twitter.com/lbs It seems perverse to spend when money’s tight. But are our instincts wrong? London Business School Assistant Professor of Strategy and Entrepreneurship, Ioannis Ioannou, looks at what happened to the businesses that spent their way out of the recession. Learn more about Ioannis: https://goo.gl/zM5GqA
Views: 2623 London Business School
How to save money: Here is the BEST way to save money anytime you’re renting a home, and exactly what to look for to get the best deal - enjoy! Add me on Instagram: GPStephan Merch: http://www.GrahamStephanStore.com/ GET $50 OFF FOR A LIMITED TIME WITH COUPON CODE: THANKYOU50 The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $125 million in sales: https://goo.gl/UFpi4c Join the private Real Estate Facebook Group: https://www.facebook.com/groups/therealestatemillionairemastermind/ Step One: Make a list of MUST-HAVES that you cannot live without. This is going to become your base search from which you’re going to look at rentals. Step Two: See AS MUCH AS YOU CAN on the market. It’s important to know your options, understand the going rates, and this is how you can find the best deal. Step Three: When it comes time to submit the application, MAKE SURE YOU HAVE EVERYTHING PREPARED AHEAD OF TIME. Step Four: Negotiate the price and terms! First, offer 5-10% off the rent and see if they go for it. Second, if they don’t go for that, offer to move in sooner in exchange for a discount on the rent. From a landlord’s perspective, every day the unit sits empty is a day of lost rent - so it helps to sometimes break it down for landlords that aren’t thinking of this. Third, if a landlord is ABSOLUTELY holding out for their price, see if they’re willing to give you a some free rent. This does two things: one, you end up with a slightly lower price when you average it throughout the year, and for them, they get their asking price. Fourth, you can offer to pre-pay a few months ahead of time - and landlords love this. Sometimes strategies like this work well for a landlord who just wants the peace of mind that they’ll get paid on time. Fifth, negotiate a lower price by signing a longer term lease and locking in your rent long term. This means the landlord CANNOT raise your rent the second year, and you can negotiate these terms ahead of time Step Five: Review the lease agreement. GET EVERYTHING IN WRITING. In addition to that, you’ll need to read through the entire lease agreement word by word to make sure there’s nothing out of the ordinary. STEP SIX: Before you move in, TAKE PICTURES OF EVERYTHING. This is to document the condition so you aren’t held responsible for any existing damage. STEP SEVEN: Make sure you GET RENTERS INSURANCE. This is separate insurance that covers YOU and YOUR BELONGINGS in the event of damage. Seriously, DO IT - ALWAYS. And FINALLY, STEP EIGHT: SMASH THAT LIKE BUTTON! :) For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at [email protected] My ENTIRE Camera and Recording Equipment: https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
Views: 33767 Graham Stephan
I'm #saving #money in 2019! Each year, I push myself to find new, secret, clever ways to save money. The money saving tricks and #tips compound each year, so my savings rate keeps improving. This is super important because saving money is one of the most important pillars of dividend growth investing. The more I save, the faster I reach financial freedom (dividends cover all living expenses). Today, I want to share three really clever ways I'm saving money in 2019! Money Saving TIP 1: It's OK To Buy "Cheap" Items! Price Does Not Always Equal Quality. This one was a big realization for me! I learned this year that price does not equal quality when I'm buying clothes, furniture, or other goods. I always used to think that price was everything. I pay more, I get more quality and a better look. This year, I'm finding that price may have nothing to do with quality nor the best look. Learn how I'm saving big money shopping at Old Navy and IKEA in 2019, a radical departure from the Ian of the past! I'm saving huge money and buying really great items that I love. How To Save Money TIP 2: Leverage credit card points for free stuff. And, cancel those points credit cards that no longer make sense! I'm saving money this year by using my United Miles to buy stuff, like a brand new vacuum from Dyson! I no longer fly United very frequently and these points just don't mean much to me any more. Don't forget about those points and don't let them expire! Save Money TRICK 3: Sometimes, you have to spend up-front for long term savings. Learn how I purchased a bunch of car care products in 2019 and how I'm detailing our cars. I made the investment up-front for long-term savings. Sometimes, you have to spend to save money. Do you have any clever ways to save money? PPC Ian is a community of 21,000+ dividend growth investors. We are all aiming to have meaningful cash flow from our investments that pays the bills. The more we can save, the more we can invest. Let's share our tips here on how to save money in 2019 and beyond! I'm always sharing fun insights on Instagram. Let's connect! I'm @ianlopuch: https://www.instagram.com/ianlopuch/ Here are my top 5 investing and money mistakes of all time: https://www.youtube.com/watch?v=nC-pQ56FlK4 I just filmed this video about the difference between rich people and poor people from my car, an Audi: https://www.youtube.com/watch?v=_1dwsnMYZEA I also filmed this video about financial independence from my car: https://www.youtube.com/watch?v=rVaA258aeDI DISCLOSURE: I am long Starbucks (SBUX) and General Mills (GIS). I own these stocks in my stock portfolio. DISCLAIMER: All information and data on my YouTube Channel, blog, email newsletters, white papers, Excel files, and other materials is solely for informational purposes. I make no representations as to the accuracy, completeness, suitability or validity of any information. I will not be liable for any errors, omissions, losses, injuries or damages arising from its display or use. All information is provided AS IS with no warranties, and confers no rights. I will not be responsible for the accuracy of material that is linked on this site. Because the information herein is based on my personal opinion and experience, it should not be considered professional financial investment advice or tax advice. The ideas and strategies that I provide should never be used without first assessing your own personal/financial situation, or without consulting a financial and/or tax professional. My thoughts and opinions may also change from time to time as I acquire more knowledge. These are, as discussed above, solely my thoughts and opinions. I reserve the right to delete any comments for any reason (abusive in nature, contain profanity, etc.). Your continued reading/use of my YouTube Channel, blog, email newsletters, whitepapers, Excel files, and other materials constitutes your agreement with and acceptance of this disclaimer. COPYRIGHT: All PPC Ian videos, Excel files, guides, and other content are (c) Copyright IJL Productions LLC. PPC Ian is a registered trademark (tm) of IJL Productions LLC.
Views: 8054 ppcian
When it comes to investing, the earlier you start the better. Compounding works in such a way that your money grows exponentially on itself. If you are in your 20s and want to get a head start on investing, here are a few investing tips for beginners to help you out. http://bit.ly/2MYDfgC A person who starts investing just a few years earlier could end up with many times more money when it comes time to retire than they would have had if they started later in life. For more investing tips, click the link above to signup my FREE training, called the 6 Market Crushing Principles of Investing. Looking to master investing? Attend one of my FREE 3-Day Transformational Investing Workshops. Apply here http://bit.ly/r1workshop _____________ Learn more: Subscribe to my channel for free stuff, tips and more! YouTube: http://budurl.com/kacp Facebook: https://www.facebook.com/rule1investing Instagram: https://instagram.com/ruleoneinvesting Twitter: https://twitter.com/Rule1_Investing Google+: + PhilTownRule1Investing Pinterest: http://www.pinterest.com/rule1investing LinkedIn: https://www.linkedin.com/company/rule-1-investing Blog: http://bit.ly/1YdqVXI Podcast: http://bit.ly/1KYuWb4 Buy my bestselling book Rule #1: https://amzn.to/2R9Gofj Shopping through my amazon link is one of the best ways to support my YouTube channel! investing advice, investing in 20s, investing early, how to start investing, tips for investing, investing in stocks, invest in 20s, investing in your 20s,
Views: 1247606 Phil Town's Rule #1 Investing
Enroll in our Personal Finance Masterclass for just $10: https://www.videoschoolonline.com/YTFinance How to retire early - let's break down the steps to early retirement. Take a premium course at http://www.videoschoolonline.com/course-library/ This video shows you how to retire early with shockingly simple math. I've been a personal finance nerd for a while, and the idea of early retirement is really interesting. I'm a huge fan of Mr. Money Mustache who wrote a great article on the shockingly simple math behind early retirement. Since I make videos, I wanted to take his theories and break them down into a digestible video. I hope you enjoy! And like I say in the video, please like and share this video, then leave a comment. What do you think? Is this amazing or crazy? What is your savings rate? What other personal finance questions do you have? I credit a lot of this work/theory to Mr Money Mustache. Read his full article about it here (http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/). Also, check out this cool early retirement calculator (https://networthify.com/calculator/earlyretirement?income=50000&initialBalance=0&expenses=17000&annualPct=5&withdrawalRate=4) Script: Hi, my name is Phil. I’m a video creator and online instructor. I’m also a personal finance nerd. Because of that, I want to create a series of videos that breaks down some of the most mystifying topics that plague our society. In a world where people’s finances are typically locked away and not-talked about, I believe opening up the gates of financial conversation will help everyone live a better and smarter life. In this first video, I want to explain the shockingly simple math behind early retirement - thanks to one of my biggest heroes, Mr Money Mustache. While the ability to retire may seem like a distant and unreachable goal for many, the premise comes down to one thing. You need to invest money so that it earns more money. This could be investing in stocks or bonds, real estate, or any other of investment vehicles. As soon as your investments earn enough money for you to live on each year, you are able to retire. Let’s break it down further to know when you can retire. The most important concept is knowing your savings rate, basically how much you make minus your expenses. If you spend 100% of your income, you will never retire… because you will never be able to invest any money that earns money for retirement. If you spend 0% of your income, you can retire right now… because somehow you are living without needing to make any more money. Between 0% and 100% are a number of savings rates that correlate with the years it will take to retire. For this, let’s assume your annual investment return is 5% (which is conservatively low) and your withdrawal rate is 4%… meaning you spend 4% of your net worth each year. For example, if you have a $1,000,000 net worth, and you live on $40,000. If your savings rate is 10%, you will be able to safely retire after 51.4 years. Safely, meaning you will never run out of money. If your savings rate is 25%, you can retire in 31.9 years. 50%, you can retire in 16.6 years. And if you can somehow save 75% of your income, you can retire in 7.1 years. Now getting to that savings rate might not be easy in our world of societal pressures, keeping up with the Joneses, and bad habits. But you can get closer by making smart decisions, avoiding debt, and living simply. The key take away is… Cutting your spending rate is way more powerful than increasing your income because no matter how much money you make, decreasing your spending will speed up the process. A note, The math behind early retirement works if you are working a minimum wage job or a 7-figure CEO salary. It’s all about the savings rate. So if you want to retire in 10 years, the math tells us that you need to save 66% of your income. Now there is a lot that I didn’t talk about - like how to invest, and how to cut expenses to get to a high savings rate. Those will come in a future video. For now, get excited about the honest truth about retirement (and early retirement at that!)! Let me know what you think in the comments below? Is this exciting or bogus? Until next time… start being money smart. Please subscribe to the channel and leave a comment below! Video School Online: http://www.videoschoolonline.com Courses: http://www.videoschoolonline.com/course-library/ Twitter: http://www.twitter.com/philebiner Facebook: http://www.facebook.com/videoschoolonline
Views: 972323 Phil Ebiner
Berkshire Hathaway CEO and iconic investor Warren Buffett shares five pieces of wisdom on how to adopt his long-term investing strategy. For more of Warren Buffett's wit and wisdom visit https://Buffett.CNBC.com » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Warren Buffett's Five Tips For Long-Term Investing | CNBC
Views: 96161 CNBC
The earlier you start saving, the better off you will be in retirement. Learn how much you should be saving for retirement according to your age and salary. Important Points: 0:11 "Let's take a look at if you're in your 20's, 30's, 40's or 50's - what is the game plan here?" 0:22 "Let's say you're 30 years old. You want to have at least one times your salary saved. So if you're making $50,000 a year, you want to make sure you have fifty grand in the bank." 0:30 "Let's jump up to 45 [years old]. You want to have four times your annual income saved. Once you get into your sixties, that's eight times [your salary]; that's a huge number." 0:43 "Procrastination is one of the key components of why people are not necessarily successful." 1:05 "A lot of the time it's just simple arithmetic. How much money do I need to maintain the lifestyle that I want long-term?" 2:00 "That does show why you want to start as early as possible when you're saving." If you would like to schedule a free assessment with one of our CFP® professionals, click here: https://purefinancial.com/lp/free-assessment/ Make sure to subscribe to our channel for more helpful tips and stay tuned for the next episode of “Your Money, Your Wealth.” Channels & show times: yourmoneyyourwealth.com https://purefinancial.com IMPORTANT DISCLOSURES: • Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor. • Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with their tax advisor or attorney regarding specific situations. • Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. • Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. • All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. • Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.
Views: 126297 Pure Financial Advisors, Inc.
We do not invest to find the next best thing. We do not chase stocks with the hopes of riding waves or speculating on stories or investing in stocks we hope will go up. Invest in those stocks that you know for sure are going to go up and have a consistent track record of paying shareholders and increasing the dividend. Why? Because folks who are truly into making money have to find their way to passive investing in the highest quality stocks and invest in those stocks using the fee free benefits of the self managed Roth IRA account. Only then can the true powers of compounding interest and dividend reinvestment work to your advantage. There are no short cuts. Everyone is trying to invent shortcuts and fail to realize the two main factors that negatively impact your wealth which are taxes and fees. Stay the course and unleash the power of compounding interest through a passive investing strategy. Compounding interest calculator and fee comparison tool: http://www.tradingacademy.com/resources/calculators/compare-investment-fees.aspx ----The following equipment was used to produce this video---- Camera: http://amzn.to/2r4PWKX (Hero 4)(Old videos) Camera: http://amzn.to/2sc4Alk (Hero 5)(New videos) Tripod: http://amzn.to/2sceOlG Lighting: http://amzn.to/2rxXE1G Desk: http://amzn.to/2sc0s4K Microphone: http://amzn.to/2sLGTgz Citizen Watch: http://amzn.to/2s5LAny DISCLAIMER: This video and description contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for the support! DISCLAIMER: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view here. One singular mission: Share with every viewer the best kept secret in the Financial Wold! It's a secret that money managers don't want you to know about. Here it is: You can own/trade individual stocks, etf's, own index funds and limited partnerships or bond funds all within your roth ira account! The secret is in the type of account you need to start. The self managed account. You will not hear this from your financial planner. This relatively new service is available to anyone who opts to take charge of their own financial future and can do so by starting a self-managed Roth IRA. Any roth account will provide tax shelter and allow for contributions and earnings to be withdrawn at age 59.5 years old. However, only a self-managed account can maximize profits through wealth preservation by eliminating fees charged to traditional investment accounts. Cumulative growth, dividend re-investment and compounding interest can all work to maximum potential for you free of the damaging effect of fees from traditional managed account types. It's an exciting time to be an independent investor. Accelerate your returns by building a passive or active portfolio using my 22 years of experience and foundational approaches that are easy to understand and take little to no experience. Just a little initiative will result in stepping into a whole new world of accelerated profits and financial security for you, and your family. No too accounts are the same. Investment tolerances differ. That makes it even more important for you to pay attention to and learn some of the basic terminology, potentials, account types and use them to align your specific financial plan with your financial future. See what it's like to become an Independent Investor. It may be the most financially liberating move you could ever make in your life!
Views: 1607 Independent Investor
Find Your Pros!: https://goo.gl/ErzQgu Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Views: 493257 The Dave Ramsey Show
The top 3 savings strategies for 2018!... not TIPS. In this video, you'll learn how to Pay Yourself First... Set Up A PAC... And Choose Realistic Savings Targets. 📈 My Personal Portfolio & Trading Updates | Brandon’s Buys ➤ https://bit.ly/2RiD9Q9 Website ➤ https://www.brandonbeavis.com Enjoy :)
Views: 1293 Brandon Beavis Investing
Get your invite to join the new Facebook group, Wander Wealthy by Tess Wicks here: http://www.wanderwealthy.com/FB and get inspired to achieve your personal growth, travel, and money goals. Words and Money Podcast Episode 44 is all about how to set short-term money goals and how to actually save for them. (i.e. in a savings account instead of investment account). We're giving examples of what short-term money goals that fall under a year are and how to start saving for them, including the number one most important short-term money goal, the Emergency Savings Account.
Views: 1618 Wander Wealthy by Tess Wicks
In this video I investigate whether stock market investing or term deposits are better for long term wealth creation. Should you be keeping your money safely in the bank, or is the stock market more reliable to get you returns in the long run? The result may surprise you.
Views: 4880 Aussie Wealth Creation
We all know saving is a good idea, but how do we go about doing so? We chat to a money expert for tips and tricks on how to save our money for our short and long term goals! ----------------------------------------------------------------------- Thumbnail Credit Image by: Fabian Blank ----------------------------------------------------------------------- For more from Pap Culture, you can follow us on: Twitter: http://www.twitter.com/papculturesa Facebook: http://www.facebook.com/papculturesa Instagram: http://www.instagram.com/papculturesa Email: [email protected] ------------------------------------------------------------------------ Intro Song: Mafia Boyz - Bhengi YoKhalipha ------------------------------------------------------------------------ #YouTubeSSA #YouTubeZA
Views: 2549 Pap Culture
Views: 80689 Dimension Data
Paying yourself first is one of the most important personal finance concepts out there and key to unlocking long term wealth. Today I explain exactly how to apply this method so you can start building wealth by saving money effectively. Snapchat username: awc.brandon Facebook: https://www.facebook.com/Aussie-Wealth-Creation-286897268463379/ My Favourite Personal Finance Book: http://amzn.to/2vjLprz My Second Favourite Personal Finance Book: http://amzn.to/2ttsUwV My Camera: http://amzn.to/2utrbYr 2nd Camera: http://amzn.to/2tV0G0S My microphone: http://amzn.to/2uNymtN Feedback: [email protected]
Views: 2094 Aussie Wealth Creation
#Emergencysavings #Cashassets #Personalfinance Saving 50 Dollars Per Month Made Me The Happiest I've Ever Been Being financially secure in life is about understanding risk and thinking long-term. The most important thing I've found about living with less stress is having a solid financial foundation. That's right, no genius trading strategies, no special courses, I just simply made "Savings" a line item in my monthly budget. Here's the high interest savings account that I use: https://mailchi.mp/7fd25a4138b5/savings Connect with me on Instagram: @kennyrrobinson Mailing Address: P.O. Box 4336 Pocatello, Idaho 83205 Easiest Way To Fix OR Build Credit: https://selflender.com/refer/16355093 How I Buy Dividend Stocks: With M1, you can automatically invest in what you want for free. Try it today and get $10 to invest! https://mbsy.co/qgvmm Disclaimer: I'm not your financial advisor, attorney, or tax professional, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. This video is intended for entertainment purposes only. Do your own due diligence, and take 100% responsibility for your financial decisions. Seek professional advice and guidance to aid your financial decisions.
Views: 3436 Kenny Robinson
The point of this video is to illustrate the importance of a long term and consistent savings plan. Anybody and everybody can do this and you can do it TODAY regardless of your income. Even the most insignificant amount can grow to a significant amount over time if you are consistent. This is how even people with very modest incomes can, have and do accumulate substantial savings, even millions. Yes the element of growing the savings should and must be present in order for the savings plan to manifest any significant results and it's truly not that difficult to do. The most important thing that I want to encourage people to do is to start SAVING and to develop the discipline of saving throughout your lifetime setting aside more and more as your income grow. At minimum you should have at least 3 savings plans. 1) To meet short-term goals and objectives 2) To meet potential emergency situations in case their is a break in your income or some unforeseen event occurs 3) And a third savings vehicle that is your untouchable LONG-TERM savings vehicle that you will NOT touch ...not even in an "emergency".
Views: 2177 Khalif Sarahize
⁉️ Does this sound familiar: You've got some money sitting around in cash and you want to invest it and make a decent return. BUT 💭 you don't want to tie up your money too long 💭 you don't want to lose it Are there opportunities that even exist in today's low interest environment for short-term investing? There are a ton of you that are in this same situation with money sitting in cash- but you don't know what you options are. Today I am going to talk about this very topic in response to a reader question I received. 💻 My reader, Tien asked "What is the best thing to do with my money for short-term grown when I still want accessibility?" I offered a few tips for Tien: ✳️ Even with low interest rates, keep enough in savings for emergencies ✳️ Don't be tempted by short-term growth ✳️ Peer-to-peer lending is not a short-term investment ✳️ Exchange Traded Funds (ETFs) - They are low cost and offer a variety of options. Keep an emphasis on short-term bond ETFs in the 1-3 year range. You can get all the detailed information on each of these options in the video. 😉 ➡️ You can start your Betterment account here: https://www.goodfinancialcents.com/resources/betterment-youtube-invest-10k.php ★☆★ Want More Good Financial Cents? ★☆★ 💻 Check out my blog here: https://www.goodfinancialcents.com/ Listen to my podcast here: 🎙 https://itunes.apple.com/us/podcast/good-financial-cents-podcast-investing-building-wealth/id775107294?mt=2 Pick up my best selling book, Soldier of Finance, here: 📗 http://amzn.to/2xOH78V Connect with me on Twitter: https://twitter.com/jjeffrose My most favorite inspiration T-shirt line, Compete Every Day: 👕 https://www.goodfinancialcents.com/compete
Views: 68580 Wealth Hacker - Jeff Rose
Welcome to Money Minute! A series dedicated to answering your biggest $$$ questions in 60 seconds or less. Today's episode: Where Millennials Should Save for Long-Term Goals. Have a question? Leave it in the comments below! SUBSCRIBE https://stefanieoconnell.com/youtube LET'S CONNECT.... http://www.facebook.com/stefanieoconnell http://twitter.com/stefanieoconnel http://instagram.com/stefanieoconnel http://pinterest.com/stefanieoconnell http://stefanieoconnell.com Snapchat @stefanieoconnel When it comes to saving for long-term goals, for those that are around ten years or more down the line, I recommend investing, in place of keeping your money in a traditional savings account. That’s because these days, even the best high yield savings accounts only earn around 1 percent interest, meanwhile inflation can be 2 or 3 percent, even more. That means, over the long haul, your savings actually lose value sitting in a savings account. By investing your long-term savings though, you can realize gains that outpace inflation. Historically, the average annual return on the S&P 500, a key benchmark for the stock market, has been around 7 percent. By investing in an index fund, which is a low cost mutual fund that tracks a benchmark like the S&P 500, you can enjoy real growth of your savings that can actually outpace inflation until you need them. But be sure to maintain short-term and emergency savings in non-investment savings accounts. Just as it’s important to have growth for the longer term, it’s critical to have liquidity for the shorter term.
Views: 292 Stefanie O'Connell
In this video, we will discuss four investment routes that could be considered relatively safe. Invest for FREE with M1 Finance ➤➤➤ https://mbsy.co/q2MDL Listen to two audiobooks for FREE by signing up for an Amazon Audible 30 day free trial!!➤➤➤http://amzn.to/2DAuty0 My top 5 investing books: 1. A Random Walk Down Wall Street - http://amzn.to/2FUmrRl 2. One Up On Wall Street - http://amzn.to/2DqgqgW 3. Technical Analysis For Dummies - http://amzn.to/2FQyHlV 4. The Intelligent Investor - http://amzn.to/2FRBbAA 5. Security Analysis - http://amzn.to/2Dq68hP Don't forget to join the Young Investors Facebook group: https://www.facebook.com/groups/theyounginvestors/ Subscribe for more videos like this: https://www.youtube.com/nateobrien?sub_confirmation=1 Check out my second channel here: https://www.youtube.com/channel/UCg60QRUSvLZMF4zHv2ajBqA/featured?sub_confirmation=1 Follow me on social media: Snapchat: nateob2 Instagram: nateobrienn DISCLAIMER: This video and description contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for the support!
Views: 54425 Nate O'Brien
Views: 32172 Dimension Data
Get your invite to join the new Facebook group, Wander Wealthy by Tess Wicks here: http://www.wanderwealthy.com/FB and get inspired to achieve your personal growth, travel, and money goals. This week we're showcasing investment strategy options for saving up to achieve those long-term goals. Whether you plan to retire or just want to grow your wealth, this episode has it for you. Betterment: http://betterment.evyy.net/c/224233/96536/2299 Free Webinar to Learn How to Get College Scholarships: http://www.onlinemeetingnow.com/register/?id=ls7k80bom1&ap_id=tesswicks Blog posts for retirement: http://www.tesswicks.com/blog/whatisanira http://www.tesswicks.com/blog/setupanirawithbetterment http://www.tesswicks.com/blog/money-in-your-20s-debunking-your-401k-part-four
Views: 466 Wander Wealthy by Tess Wicks
In this video I talk about 5 habits you can change to start saving money immediately. These tips could save you several thousands of dollars every year. Have any of these strategies helped you guys save money in your lives? Leave a comment below and join the discussion!. I want to know how you guys save money in your lives and whether these strategies have worked for you! TWITTER: https://twitter.com/WealthyAussie Feedback: [email protected]
Views: 1349 Aussie Wealth Creation
Get your invite to join the new Facebook group, Wander Wealthy by Tess Wicks here: http://www.wanderwealthy.com/FB and get inspired to achieve your personal growth, travel, and money goals. Want to buy a home? Afford to pay for a wedding? Buy a car in-full? These are all unique medium-term goals that we will all encounter in our life, and there isn't one tried and true method to saving up for them, but we can be smart about it. In Episode 46 of the Words and Money Podcast, and in this #MoneyMonday video series, I'm tackling the difficult task of explaining how you can save up or invest for those big mid-term money goals. Mentioned in the show: Betterment: http://betterment.evyy.net/c/224233/96536/2299 Personal Capital: http://track.flexlinkspro.com/a.ashx?foid=1088666.2107475&foc=2&fot=9999&fos=1 Schwab: https://www.schwab.com/public/schwab/client_home Episode 30: http://www.tesswicks.com/podcast/charissesays
Views: 1445 Wander Wealthy by Tess Wicks
I love long-term investing but there’s something to be said for short-term investments and making a lot of money really fast. I’m revealing my five best short-term investments for 2019, how to get started in each and how much you can make. Understand that there are risks in each of these short-term investing strategies. You can’t expect to make 20-times your money without the risk of losing your investment. The secret is in making multiple investments that hedge each other but leave room for explosive upside. Open a futures or options account on Ally Invest for short-term trading and get up to $3,500 cash bonus with this special offer https://mystockmarketbasics.com/allyinvest I’ve used each of these short-term investment options for triple-digit returns and believe they’re primed for 2019. These are the best places to invest your money to beat the stock market and protect your portfolio from a stock crash. By short-term investing, you’re taking the market out of investments and benefiting from specific trades that can go up even when stocks go down. I’ve included an index below but check out each of these short-term investment ideas because each has the potential to make you tens of thousands of dollars. I’ll start off with short-term investments in stocks but it’s the short-term investing strategies in futures and currencies that I prefer. I’ve made tens of thousands on single trades in both of these and show you how to get started stock market trading. Investing in the Next Big Thing: How to Invest in Startups – Learn the step-by-step process I used working for venture capital firms to find startup investments and make triple-digit returns with this book. https://amzn.to/2SqMa9z These are the best investments for 2019 and beyond because they work no matter what the market is doing. Learn short-term trading in these five assets and you’ll never need to worry about money again. 1:00 Difference Between Short-Term Investments and Long-Term Investing 2:45 Short-Term Investments in Stocks 3:35 Short-Term Investing in Penny Stocks 6:28 How to Pick Penny Stocks 8:05 Short-Term Investments in Funds 10:19 Short-Term Investments in Futures 14:30 Short-Term Investing in Currencies 15:52 Short-Term Trading in Options Don’t invest another dime until you read this free special report - the 10 Lies Wall Street Tells Investors https://mystockmarketbasics.com/stock-market-beginners-guide/ SUBSCRIBE to create the financial future you deserve with videos on beating debt, making more money and making your money work for you. https://peerfinance101.com/FreeMoneyVideos YouTube Community Exclusive: 55% Off my Goals-Based Investing Strategy Course! Huge shift from traditional returns-based strategy of chasing stocks to a strategy designed around your goals – Coupon Code: COMMUNITY https://mystockmarketbasics.com/Communitydiscount Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
Views: 24332 Let's Talk Money! with Joseph Hogue, CFA
Better Ways to Think About Money “The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb The same holds true for personal finances. This video will describe ways that we can all start setting money aside and think long term and open our eyes to looking at a budget. What are you investing in to build your financial future. NMLS ID# 1109426. For our complete licensing information, visit https://www.lowvarates.com/licensing.
Views: 1573 Low VA Rates
No matter when you start investing, your money grows over time. So it's never too late to get started. Learn more about the benefits of regular investing http://funds.rbcgam.com/learning-centre/investing-strategies/regular-investing.html Calculate the compound interest on your investment http://www.rbcroyalbank.com/cgi-bin/retirement/compoundinterest/start.cgi Speak with an RBC Advisor http://financialplanning.rbcinvestments.com/
Views: 1962 RBCRoyalBank
http://bit.ly/1pbxiqc - Short term savings vs long term savings Oh where oh where's my gains dollar gone? During an extraordinarily long downturn, it may happen to some investors that cash is better off 'safe,' perhaps entombed in a coffee can in the backyard, or stuffed into precious metals futures. Some might even buy gold coins for perceived security. Invest in gold and silver for the exact same reason you buy art. In case you plan to sell it for a gain after, that will be a bonus, but the result was never the intent of the initial investment. Gold, silver and other precious metals appear to be a safe haven. The fact remains the fact that the precious metals marketplace is among the very explosive. Many investors purchase at high costs and watch for them to raise, thereby missing other possible investment opportunities. If you're trying to find somewhere to park long term cash, real estate could be a great investment. Mortgage rates continue to be at historical lows. Moreover, investors and future homeowners, who held out during the real estate bubble, are creeping into the property marketplace. Property sales are on course to grow 4% in 2012 from the recent low. Many international investors are following the style, and making purchases in real estate. If that is the marketplace you would like, it's advised not to wait until costs escalate. Speak with your authorized financial advisor about Real Estate Investment Trusts (REITs). These devices enable investors to purchase a piece of a property investment in the stock exchange. Some great advice: remain in commercial properties with history of low vacancies. Purchase property as a portion of your total investment strategy. Purchasing investment real estate, including rental properties, can be an excellent strategy, but comes with deferred maintenance prices, tenant turnover, and other problems. What to do with short term savings? If you're trying to find somewhere to stash cash, do not look in the coffee can, seem to short -term, interest-earning savings vehicles. Banks for example Alliant Credit Union, and Incrediblebank.com are offering present rates above 1% on short term savings, with an experienced equilibrium. Because bank savings accounts are insured by the FDIC (Federal Deposit Insurance Corp) up to $250,000.00 per depositor, you can feel assured about your money's security and liquidity. With one-year bank Certificates of Deposits (CDs) generally returning under one percent, and the ten-year U.S. Treasury bond generating around two percent, these savings alternatives may be appealing. The danger in longer duration certificate of deposits and bonds are that interest rates (which may be on the rise shortly) will make you stuck in lower-yielding investments. Getting the cash early could lead to fees or market changes. Speak with your financial advisor about purchasing bonds, bond mutual funds, and secondary market CDs. Make sure you comprehend the dangers included in all investments. Do not forget that saving for retirement is more significant than ever. Downturns frequently possess the result of focusing our focus in the short term necessities. Don't forget, the more of a deficiency we feel now, the more we may feel later on. Tax dollars are now being earmarked for future use by government entitlement strategies, including Medicare and Social Security. Nevertheless, intelligent investors ensure they've their own retirement savings. Be sure that the cash you've earmarked is cash you set aside for yourself. For those who own a retirement plan available through your company, participate in worker deductions from your pay check. Contribution limitations for retirement plans have raised, and there are 'catch up' contributions for workers over 50. Worker deductions are pretax contributions, supplying an immediate advantage. In case your retirement plan is matched by your company, that's just another advantage. Remember, there's really a danger to doing nothing with your money'inflation threat. Inflation is the rising prices of products and services, over time. Though core inflation'inflation not including the expenses of food and energy'is at a historical low now, inflation will eventually eat away in the purchasing power of every dollar, daily. Twenty years back, the typical cost of a house was about $120,000.00. Now, the average homeowner signs up for over $260,000.00, and that cost has recently dropped dramatically. Thinking of merging your high-interest charge card debt? If you're thinking about merging your charge card and other unsecured credit lines into a home mortgage, believe again. A lot of the discord in the home market was due to individuals refinancing their homes'pulling cash out to pay off high-interest debt. The perceived advantage was that interest was tax-deductible, the interest rate was lowered, and several payments were combined into one. The awful news?
Views: 994 Hannel Travis
Latest Video: http://bit.ly/2TMZA47 I opened my ROTH IRA with Vanguard to save some money for the future me. Investing for a large nest egg when I retire is a great decision because I don't want to live in my kid's basement when I'm retired.🤣 Vanguard: https://investor.vanguard.com Books That Changed My Life: Rich Dad Poor Dad: https://amzn.to/2DvNR0B Set For Life: https://amzn.to/2WiLLsi The Millionaire Real Estate Investor: https://amzn.to/2WgehLn The Millionaire Next Door: https://amzn.to/2MvD7lP Outliers: https://amzn.to/2MBiTrb Amazon Youtube Gear: JBLpulse: https://amzn.to/2Xn3Dmu Big Camera: https://amzn.to/2WlZb71 Good Starter Camera: https://amzn.to/2G34Vgr Ring Light: https://amzn.to/2S86tfj Video Lighting:https://amzn.to/2G07tf6 Tripod: https://amzn.to/2Woi7Cm Microphone: https://amzn.to/2WjHfKd Camera Bag: https://amzn.to/2TcrDWR Great Starter Lens: https://amzn.to/2UkOn7r Premium Lens: https://amzn.to/2WgCotr grey backdrop: https://amzn.to/2FRav5Z Backdrop stand: https://amzn.to/2MBcRXc Light reflector: https://amzn.to/2ScFgrO Final Cut Pro X: https://www.apple.com/final-cut-pro/ Macbook Pro 15in: https://amzn.to/2FRaO0D Grey Card: https://amzn.to/2SdT0ma THE TOOL I USE TO BUILD MY YOUTUBE CHANNEL! ▶http://bit.ly/Tubebuddybw ▶http://bit.ly/VidIQBruce ▶http://bit.ly/QuickBooksBW Follow ME: on https://instagram.com/brucewannng/ on https://twitter.com/brucewannng/ on https://www.facebook.com/brucewannng/ on https://www.patreon.com/brucewannng/ Tags: roth ira,what is a roth ira,ira,roth ira investment options,roth ira investing,roth ira vs 401k,roth ira vanguard,how to invest in roth ira,what is a roth ira account,what is a roth ira and how does it work,roth ira explained,roth ira vs traditional ira,what is a roth,roth,roth ira for dummies,how to open a roth ira,traditional ira,roth ira 2018,ira vs roth ira,roth ira rules, roth ira,what is a roth ira,millionaire,roth ira investing,roth ira vs 401k,what is a roth ira account,how to become a millionaire,what is a roth ira and how does it work,roth ira investment options,roth ira #vanguard ,roth ira explained,how to invest in roth ira,ira,roth ira millionaire,how i became a millionaire,how to become a #millionaire with #rothira Disclaimers: All opinions are my own. Links in the description are typically affiliate links that let you help support the channel at no extra cost. SUBSCRIBE:http://bit.ly/2G8zD8I
Views: 3163 Bruce Wannng
In this video, I will be sharing how you can start saving money for emergencies and why you should save to invest. Due to inflation, if you save long-term, the value of the dollar is slowly decreasing. This is one of the main reasons you want to save to invest your money. When an opportunity presents itself you will be able to take advantage and get a good ROI vs. leaving your money in the bank without searching for investment opportunities. ***** FOLLOW ME ON SOCIAL MEDIA ***** Facebook: http://www.businessmindsetink.com/Facebook Twitter: http://www.businessmindsetink.com/Twitter Instagram: http://www.businessmindsetink.com/Instagram Blog: http://www.businessmindsetink.com/
Views: 168 Business Mindset Ink.
In this video I outline 10 easy steps to take to help save hundreds of dollars per year during your grocery shopping. As grocery shopping occurs about once per week for your whole adult life, it is critical to implement money saving strategies while shopping to reap the long term benefits. Did this video help you? Did I miss anything? Leave a comment below! I love having a discussion with you guys, so leave a comment on what you want to see in the future and I'll try my best to respond. TWITTER: https://twitter.com/WealthyAussie Feedback: [email protected]
Views: 912 Aussie Wealth Creation
Lets get back to the basics in terms of saving enough for a down payment to buy real estate, what you’ll need for lenders to give you money, and some things to prepare for before you start buying a house. Enjoy! Add me on Instagram/Snapchat: GPStephan Learn my exact strategies to help grow your career as a real estate agent to a six-figure income, how to best build your network of clients, expand into luxury markets, and exactly what you can do to begin taking your career to the next level…these strategies took me to $120,000,000 in sales volume: https://goo.gl/UFpi4c Join the private Real Estate Facebook Group: https://www.facebook.com/groups/therealestatemillionairemastermind/ It begins with the following: Good credit - Anything above a 740 generally gets the best rates. 2 years worth of tax returns - This shows that your income is consistent and that you’ve built up some work history. Bank Statements and proof of income for the last 2-6 months - this way you can prove how much money you’re actually making and spending. With that, they can calculate what your debt to income ratio is - banks prefer those who save a lot, and spend very little. Cash reserves - sometimes it can be 3-6 months of mortgage payments, taxes, insurance, and a buffer in liquid cash or assets. Pretty much any time you buy real estate, you’ll need a down payment. Banks want to see that you have your own money at risk when you buy a house…this down payment forms your initial equity in the property. Generally 15-20% down is about what I’m seeing. If you don’t put down 20%, you’ll generally need to pay PMI which stands for private mortgage insurance. This is an extra cost that helps assure the bank you’ll be making your payments, since the less money you have in the deal, the higher the risk is that the bank will lose money in the event you foreclose. If you can qualify lower down payments and the numbers make sense, go for it. But in more expensive markets, you’re going to need more money down. Some other options might be available like a VA loan where you can buy with 0% down - so this will be up to you figure out what’ll be best. When saving for a property, it’s really about setting your priorities and deciding what comes first - if buying a property is your number one priority, it might make sense to cut back in other areas just for the sake of accomplishing this. What I use that helps a lot is Mint.com and PersonalCapital.com - I use these to track all of my expenses. You need to know where every penny is spent and exactly how much you earn. It’ll be nearly impossible to save as much as you can without doing this. One other strategy I like to use is to automate my savings. I have one bank account where all of my money is deposited and saved - this is Ally Bank. Then I have a Bank of America account for my expenses. I’ll only transfer a certain amount of money every month to bank of America, this means that everything else I have is pretty much already stashed away. Finally, generally banks won’t want the mortgage payment to exceed about 44% of your total income after expenses. Again, with this, it’s all cutting back as much as you can. You really have to make this a priority to save as much as you can. Now for those who just don’t earn much money in the first place, the reality is that you’ll need to either cut back on your expenses as much as you can and save the difference - or work to increase your income. There’s no way around it, there’s no way to sugar coat this - if you’re not earning enough money, you’ll need dedicate yourself to making more money. This is one of those things where if you want it bad enough, you will somehow find a way to make it happen. Now one more thing I do when it comes to saving is to keep it all in a high interest savings account. Most people want to invest it, although in the short term, there could be too much volatility to risk it in the markets. Ultimately, when saving up for a down payment, it really just comes down to income vs expenses - and once that’s handled, banks will look at the bigger picture to determine what you’d be qualified to receive. And patience and discipline here goes a long way - you will need to do this long term consistently. For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at [email protected] Suggested reading: The Millionaire Real Estate Agent: http://goo.gl/TPTSVC Your money or your life: https://goo.gl/fmlaJR The Millionaire Real Estate Investor: https://goo.gl/sV9xtl How to Win Friends and Influence People: https://goo.gl/1f3Meq Think and grow rich: https://goo.gl/SSKlyu Awaken the giant within: https://goo.gl/niIAEI The Book on Rental Property Investing: https://goo.gl/qtJqFq Favorite Credit Cards: Chase Sapphire Reserve - https://goo.gl/sT68EC American Express Platinum - https://goo.gl/C9n4e3
Views: 144189 Graham Stephan
Get the Van Conversion Guide: https://goo.gl/0eAJJw Please SUBSCRIBE if you like videos like this! This goes through my basic background, saving strategies, how I make some money now and my general plans for the future. It is not overly short, but I want to give the details for people who are interested in it. Questions and comments, as always, very welcome. Thank you for watching! --- Keep me creating with Patreon: https://goo.gl/LoDWRg SOCIAL Instagram - https://goo.gl/07uIGZ Facebook - https://goo.gl/rwE7Fi Twitter - https://goo.gl/g0O25a Snapchat - natemurphy1 HOW-TO-GUIDE: https://goo.gl/0eAJJw -- Check out my clothing sponsor: 3rd Rock 3rdRock make really nice and super ethical outdoor and lifestyle clothing. - Their website: https://goo.gl/c0m8UF - 15% OFF all clothes - discount with this code: VANWEAR Clothes in this vid: Hoody: https://goo.gl/VA2XXa
Views: 94392 Nate Murphy
Today, I want to share my thoughts about money. I want to discuss my relationship with money and how I think about investing in the stock market (dividend paying stocks) versus saving money in the bank versus spending money. Ultimately, I have concluded that investing in dividend stocks is the best possible use of my money, as saving and spending are both losing strategies (for me). This video starts with some practical examples about spending money. I share the example of a pair of shoes that just "broke". I spent money and I realized a 100% loss. I also share some examples of things breaking that are fixable (my fireplace and refrigerator, which are both now fixed). When one buys stuff, the items are typically either a loss (like the shoes), or they will break and need to be fixed (like the fireplace and refrigerator). Spending certainly is not a solid investment strategy. Next, I discuss saving money in the bank. In my opinion, money in the bank is also a losing strategy. With low interest rates, the value of savings erodes over time (it does not keep up with inflation). Moreover, money sitting around requires huge self-control. It's so tempting to spend! I have personally faced challenges letting it be (vs. being tempted to spend such money). It's easy for money to move from the savings bucket to the spending bucket. The last bucket, my favorite, is dividend stocks. Dividend stocks grow in value over time. They offer a stream of dividends and also capital appreciation. The stream of dividends is quite rewarding and motivating, so one is enticed to hold for the long term. In fact, buying more dividend stocks has positive reinforcement built in! For me, I have concluded that spending and saving don't make much sense for me (when I can avoid it). Rather, I like to go all in with dividend stocks. (Of course, I do enjoy buying the necessities, splurging once in a while, and saving a small but growing emergency fund.) Given this holistic picture on money, I am so confused as to why investors (both new and seasoned) get scared about "losing money" in the stock market. I guess I get it for "buy low, sell high" investors. (That is a strategy that just does not make sense for me as I'm buying to hold forever, to enjoy the dividends.) When one invests for dividends (as long as the fundamentals are strong), it's my belief that one cannot really lose in the long run. Taking a step back and looking at the alternatives (spending money or saving money), the concern over losing money in the market drops even more! If you enjoyed the video today, I please invite you to like, subscribe, and/or comment. Your support means the world to me! Also, I invite you to connect with me on Instagram: https://www.instagram.com/ianlopuch/ Last, I want to share the other PPC Ian videos mentioned in today's video. Are you scared to start investing in 2018? This video may be for you: https://www.youtube.com/watch?v=Qwus0r322ak Want to learn more about my recent budgeting challenge with my fireplace? This video shares how I approached the situation (with a frugal mindset): https://www.youtube.com/watch?v=Yrizl8TxJhg Want to learn how I have historically been "all in" when it comes to dividend stocks? Here's a fun video on this very topic: https://www.youtube.com/watch?v=mHAlpQCWAhw Want to learn more about my big budgeting mistake of buying a M3 Convertible? Want to learn from my top 5 money and personal finance challenges? This video is a really fun one: https://www.youtube.com/watch?v=nC-pQ56FlK4 Disclosure: I am long Clorox (CLX). I own this stock in my portfolio. Disclaimer: I'm not a licensed investment advisor, and today's video is just for entertainment and fun. This video is NOT investment advice. Also, I'm not a tax advisor and today's video is NOT tax advice. Please talk to your licensed investment advisor before making any financial decisions. All content on my YouTube channel is (c) Copyright IJL Productions LLC.
Views: 7636 ppcian
Today I explain how successful long term investors actually make their big returns through stock market investing. ★ ★ MY COURSES ★ ★ Stock Market Investing for Beginners ► https://aussie-wealth-creation.teachable.com/p/stock-market-investing-for-beginners ★ ★ FOLLOW ME ★ ★ Snapchat ► awc.brandon Instagram ► awc.brandon (check out IG TV!) Facebook ► https://www.facebook.com/Aussie-Wealth-Creation-286897268463379/ ★ ★ GETTING STARTED ★ ★ The Best Stock Market Book Ever Written ► https://amzn.to/2slAIBk Best Australian Personal Finance Book ► https://amzn.to/2snlhJ1 Best Stock Market for Beginners Book ► https://amzn.to/2slh4FT ★ ★ MY GEAR ★ ★ My Camera ► https://amzn.to/2slKL9B 2nd Camera ► https://amzn.to/2sgCow7 Feedback or business enquiries: [email protected]
Views: 2559 Aussie Wealth Creation
A simple, effective and highly scalable framework for allocating your money 🙏 Here's the highlights: - Your 3 buckets are Savings, Investments & Speculations. - Fill them from your income in this order. - Your savings bucket should be a multiple of your living expenses. It is wise to have: - 2 months of living expenses stored in cash (minimum) - 3-6 months of living expenses stored in cash (ideal) - 12 months of living expenses stored in cash (supreme stability) - For example, if your living expenses are $4,000 per month... keep filling your cash bucket until you have (4000 x 3) $12,000 in it. This represents 3 months of living expenses. - At that time, you may start filling your investment bucket. - Unless you have a provable skillset in speculation, keep filling your investment bucket. - While you're filling the first 2 buckets, you can be learning how to manage the last 2 buckets in a zero risk environment (paper trading, forward testing, mentorship, strategy development etc.) - This is wise, as the learning curve alone may take some time. - Check yourself before you wreck yourself. Most people have a gambling addiction combined with an escape complex. They try to rapidly escape their unfulfilled lives and end up doing foolish things that makes their lives even worse. - Know the difference between an investment and a speculation... use the Investment vs. Speculation Calculator provided at Infinite Prosperity to grade an opportunity. - When you're ready to speculate (and you have certainty in your system, not hope-based punting) ease into it gradually. Don't test the depth of the river with both feet. - Depending on your 3, 6 and 12 month performance, you may rebalance capital and redirect income into your buckets at gradually adjusting ratios. - In this way, master speculators will gain the advantage of having more of their capital generating high returns... novice speculators won't loose their shirt... and non-speculators can still grow wealth by deploying long term investment strategies. A win/win/win framework Learn exactly how to allocate the money in your Investing & Speculating buckets here: http://www.infinite-prosperity.com/start
Views: 1853 InfiniteProsperityTV
http://retirementtransformation.com/blog/ shares with you top 10 tax saving tips to save money which you can do legally and if you are not doing it already, you should look at carefully to see how you may like to save money. The first tax saving strategy is to buy and hold the investment for the long term for the sound stocks to avoid the capital gain and unnecessary transaction cost. Watch the video to learn all about the buy and hold tax saving strategy!
Views: 4326 TransformRetirement
Welcome to Money Minute! A series dedicated to answering your biggest $$$ questions in 60 seconds or less. Have a question? Leave it in the comments below! More at https://stefanieoconnell.com/credit-matters/ SUBSCRIBE https://stefanieoconnell.com/youtube LET'S CONNECT.... http://www.facebook.com/stefanieoconnell http://twitter.com/stefanieoconnel http://instagram.com/stefanieoconnel http://pinterest.com/stefanieoconnell http://stefanieoconnell.com Snapchat @stefanieoconnel Long-Term Savings vs. Retirement Savings, they might sound like the same thing, but there are some subtle differences that can make a big difference. One is that retirement savings vehicles are generally tax advantaged, meaning that in some way, they offer a major tax benefit, examples include 401ks and IRAs. These accounts also have contribution limits, meaning you can only save so much in each, each year. The other major difference is that retirement savings vehicles like the 401k and IRA, keep your funds locked up until age 59 and a half, and to access them sooner you have to pay a penalty. The ROTH IRA, another tax advantaged retirement savings vehicle, offers more flexibility if you need to access your contributions, but it’s really best practice to set and forget retirement savings so they can grow for the long haul. In the meantime you can grow your long-term savings in regular taxable investment accounts. You won’t get the same tax benefits on those accounts, but there’s no limit to the investment you can make and you can access that money at any time without worrying about paying a hefty penalty. Ideally, you want to build up a combination of long-term savings in both retirement accounts and regular taxable investment accounts – both savings strategies offer advantages you’ll want to take advantage of.
Views: 295 Stefanie O'Connell
Renowned businessman/missionary Bro. Bo Sanchez gives tips on how to handle your money properly. In order for an individual to be rich, one must think of long-term plans as his motivation to save more. He also promotes investing in the stock market in order for your money to reach its optimal point. Subscribe to ABS-CBN News channel! http://bit.ly/TheABSCBNNews Watch the full episodes of My Puhunan on TFC.TV http://bit.ly/MYPUHUNAN-TFCTV and on iWant for Philippine viewers, click: http://bit.ly/MyPuhunan-iWant Visit our website at http://www.abs-cbnnews.com Facebook: https://www.facebook.com/abscbnNEWS Twitter: https://twitter.com/abscbnnews
Views: 243986 ABS-CBN News
These are the 5 Golden Rules of Real Estate Investing that I have lived by, which has helped grow my portfolio from $0 to several million invested in Real Estate since 2011. Enjoy! Add me on Snapchat/Instagram: GPStephan Learn how to make money as a Real Estate Agent and the steps I’ve used to build my entire career: $50 off with code ThankYou50 for a limited time: https://goo.gl/UFpi4c Join the private Real Estate Facebook Group: https://www.facebook.com/groups/therealestatemillionairemastermind/ 1. Make money when you buy. This is absolutely crucial when you invest in real estate - you either need to buy into cash flow, buy into equity, or buy into a combination of the two. Do not do what everyone else does and buy something at market rate for market rent without allowing yourself some room to improve those numbers, and your investment 2. Never fall in love with an investment This is one I see too many people fall victim to. They go out to look for an investment, then see a home they “fall in love” with, despite it being a terrible money-sucking investment. But hey…maybe it’s just really charming, or reminded them of their childhood house, or whatever…point being, if it’s an investment, it’s a BUSINESS. Not a romantic-comedy. You cannot get emotionally attached to a property you’re investing in. 3. Big picture, laster focus While the bigger picture is fine to pay attention to, local markets are much more important. Don’t get too caught up in headlines and following trends because real estate is such a micro-economy. Each property and city is its own individual investment opportunity. While they can trail overall economics, every single property is like its own stock - some are undervalued, some are overvalued, some are going up in value, some are going down…the specifics are what make this type of investment really, really unique. Your market will have its own opportunities outside of everything else that’s going on. 4. Think long term - get a fixed rate loan This is one that I’m a firm believer in. Some people might disagree with this, they might want to take a riskier approach, but my philosophy is simple: buy once and hold. Even though you might be able to get a cheaper loan by going for a 5-10 year Adjustable Rate Mortgage, which means that your interest rate will only be locked in for so many years before it’s adjusted to market rate, it’s much safer to lock in a one-time rate NOW and then hold it. You know your holding cost will at least remain consistent throughout the life of the loan, until you either refinance, pay it off entirely, or sell. 5. Finally, make sure it cash flows. You should focus primarily on your cash flow - how much money are you investing into the deal and how much will that make you every single month. Do NOT barely operate on a thin margin of cash flow unless you’re making a significant amount of equity and have the cash reserves to pay out of pocket if and when something goes wrong. The biggest problem I see happening is when people cash flow a few hundred dollars on their investment, barely scraping by, and then something comes up and wipes out a years worth of profit…even if they made a ton of money by paying down the loan, they need some type of cash flow for it to really make sense. Focus on cash flow, while still taking everything else into consideration. Cash flow first…everything else second, then evaluate the deal from there. 6. Bonus tip…don’t be your tenants best friend. I’m a really, really nice landlord…sometimes too nice. When I first started, I really wanted to be buddy-buddy with my tenants and be the “cool” landlord. No. Bad idea. This is often when you get taken advantage of, even if its not even intended…this is when they start calling for personal favors, extended time on rent, or fixing things that aren’t your responsibility to fix. This often puts you in a difficult position between being a friend and being a business person. And once you’ve opened the friendship floodgates, it’s difficult to shift into the mindset that you’re running a business and that this is your investment. My biggest piece of advice is to treat it strictly as a business - be friendly to your tenants, but do not be friends. Stick to the contract and enforce it. It’ll end up saving you in the long run. For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at [email protected] Suggested reading: The Millionaire Real Estate Agent: http://goo.gl/TPTSVC Your money or your life: https://goo.gl/fmlaJR The Millionaire Real Estate Investor: https://goo.gl/sV9xtl How to Win Friends and Influence People: https://goo.gl/1f3Meq Think and grow rich: https://goo.gl/SSKlyu Awaken the giant within: https://goo.gl/niIAEI The Book on Rental Property Investing: https://goo.gl/qtJqFq
Views: 66403 Graham Stephan
So many people struggle to save money because they do not save for the right reasons. People save money to spend it on their next car or holiday, which goes against the very nature of saving. By saving at least 10% of your income and investing it throughout your life, you can retire wealthy. Mindset tips: 1. Have a strong why 2. View money as potential money 3. Have a long term view 4. Don't subscribe to FOMO Strategies to implement: 1. Save over 10% of your income forever 2. Be a minimalist 3. Trim the fat 4. Get a cash paying side hustle Buy the books mentioned here: The Compound Effect: https://www.bookdepository.com/Compound-Effect-Darren-Hardy/9781593157241?ref=grid-view&qid=1550209636649&sr=1-1 The Richest Man in Babylon: https://www.bookdepository.com/Richest-Man-Babylon-George-S-Clason/9780451205360?ref=grid-view&qid=1550209670950&sr=1-1
Views: 227 Investing Yourself
Step 6 is to Save for Long-Term Investments and Retirement. Although retirement may seem like a long time from now, you will find yourself with a much more generous lump of money if you begin saving, and more importantly, investing now. This video will help you begin thinking about your investment options.
Views: 334 FinLit
What is long term financial planning – What are long term financial plans? http://www.RetireSharp.com 1-800-566-1002. What are the best type of long term financial plans for retirement and learn how you can avoid the most common mistakes that individuals have made when setting up their long term financial planning. Long Term Financial Planning, And Things That You Should Consider Many people save money, or purchase investments for the purpose of making money for large investments such as a future education, buying a home, or having a healthy retirement fund. All of these things can be accomplished, if you realize what to do, and the pitfalls to avoid. Leaving Your Spouse Out Of The Loop This is one of the worst things that you can do. Money is one of the main reasons that marriages end in divorce. Leaving your spouse of the the loop will do nothing but leave them feeling resentful and they will work to frustrate your efforts. On the other side of this, you might find that you and your spouse have different financial agendas. This isn't healthy either. You both need to communicate, and to work together for the financial good of your family. If you are, then know that this is the worst thing that you can do. This is marital suicide, if nothing else. No spouse wants to be left out in the cold when it comes down to the financial situation. After all, they are going to be living with you for live. They need to be a part of the money planning strategies. You and your spouse need to be on the same page. If you're not, you are both going to be at cross hairs. Worse, your marriage will be rife with resentment, and pain. You can avoid all of this if you make it your business to include your spouse in your financial planning efforts. What is the end goal of your financial efforts? If you set a goal, you need to have a defined goal time to have completed what it is that you are after. Your plans need to be based upon common sense, and they need to be achievable. A good idea is to write those goals down, and quantify those goals with a financial amount. An example of that is figuring out how much money you want to save for that college fund. How much do you need for the down payment on the house? When you quantify your goals, you will be able to take clear steps to achieve them. You Don't Break Down Your Goals Into Milestones Do you break down your money and investment goals into smaller steps? You Are Getting A Late Start In Saving It goes without saying that if you start your financial planning early, you will have more leeway to make changes and to follow your investment plan more smoothly than someone who started out late. Life brings many changes, and there will most certainly be changes in our financial situation. If you start out late, it's not a terrible thing, but you won't have as much wiggle room as someone else who started out early. If you did, it's not the end of the world. However, you have to know that you won't reap the benefits of compounding interest on your savings, like someone who started saving a lot earlier. The thing to keep in mind is that if you get a late start in saving money, it's better than nothing. Having said this, you will have to work harder, and save more money. You also won't be as insulated against the hard times. This leads to... Not having a budget Good financial planning is about setting objectives you plan to attain at some point in the future and that determine your present money habits. A budget is what brings your current money management habits in compliance with your longer term goals. Even with a well thought out financial plan that details your goals and breaks it down into milestones, the absence of a budget will see any such plan quickly come a cropper. When you budget, you maintain control over your expenses and know what each dollar in your income is going towards. That way, you can cut out unnecessary expenditure and redirect this finance to investment. Feel free to subscribe to our YouTube channel and receive instant access on different retirement related topics. Thanks for watching! Related Search terms: long term financial plan definition Long term financial tools Long term financial planning and growth Long term financial planning strategies Long term financial planning training Long term financial planning tips and advice for retirement accumulation and retirement income planning fully explained https://www.youtube.com/watch?v=OGX3xw5aTD4
Views: 1790 retiresharp