$6500 invested at 21 vs. $10,000 invested at 45! 🤨 #personalfinance #rothira #investing

preview_player
Показать описание

Рекомендации по теме
Комментарии
Автор

The earlier you start, the more time your money has to grow. But it’s wild to think that a smaller amount invested early can beat a larger amount invested later.

mariadrukker
Автор

We definitely don't tell young people to invest in their retirement enough.

The only drawback is how old we have to be to legally retire and start taking that 401k etc money out. If I realized that I would have invested some "retirement" money elsewhere in case I need it earlier.

BrooklynAlien
Автор

Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

sirheisenberg
Автор

If you are not in the financial market right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation

Kennedyparsley
Автор

if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries

ChristopherAbelman
Автор

The thing is that nowadays, a lot of us don't make enough to be able to save for retirement.

janetslater
Автор

Glory! After so many struggles, I now own a new house and receive a monthly income of $92, 630.00. God has kept His word—my family is happy again, and everything is finally falling into place. God bless 🇺🇸

Sirbradford-rh
Автор

First off I'd love a $10, 000 bonus, or even a $6500 bonus

hysteriasfire
Автор

These are very valuable info for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the knowledge embedded in it. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I've got $200k set aside to put in the market.

Muller-od
Автор

I reached $70k today. Thank you for all the knowledge and insights you've shared with me over the past few months. I am a single Mom and i live in Florida, i bought a new Car in September and i hope to retire next year at 45 if all goes well. Financial education is essential for over 70% of the population, as only a few are truly literate in this area.
Thanks so much Angie Chen Owens

RosemaryClark-qx
Автор

Hi, I want to start investing but don’t know where to begin. Any tips or contacts?

Rogerfreddie
Автор

This is not clear to me. I’m 25 and just started investing in my Roth IRA, currently putting my money into SCHD and SPY, any other suggestions? I want to build a net worth of $10m before retirement.

TyLe-u
Автор

The only thing my 21 yr old self got at their job was a 20$ gift card for the store itself

Frogbog
Автор

The idea behind the ebook 25 money secrets from Donald Trump really blew my mind. It’s like stumbling upon a hidden shortcut to financial abundance.

RosemaradElla
Автор

Can you lower the taxes you owe when switching to a Roth IRA? looking to put $146, 000 in.

MaryAGunderson
Автор

21 with $10, 000 to spare? What a pipe dream 😂

Edit: For all the people commenting variations of "it's not that hard" and "I had X-amount-of-dollars-over-10K at 21", I'm saying this mostly as a part of my personal experience and expectation. I plan on going straight into med school after graduating at 18, so I'll be in around ~$100, 000 debt at 21. This'll be as a student with minimal ways of getting savings 👍. So, even if you had 10K in funds to spare when you were 21, to me (and presumatuvely MANY others in my generation and beyond) it would still be a pipe dream, regardless of your experiences! Thanks for coming to my TED talk.

Midnight_Star
Автор

Good demo on investing early. However, what 21 year old is getting a $10K bonus on their first job?

jtixtlan
Автор

*_PLEASE I NEED SOMEONE TO HELP ME TRADE OR INVEST THE FOREX OR CRYPTO MARKET BECAUSE I'M TIRED OF TRADING IN LOSSES MYSELF. I'VE BLOWN MY ACCOUNT TWICE AND IT'S FRUSTRATING.._*

BobLarkin-ww
Автор

Hello, I want to start investing, but I'm unsure where to start. Do you have any advice or contacts for assistance?

DavidCaliz-jl
Автор

I used to be the “live in the moment” type, thinking I had all the time in the world to invest. Fast forward ten years, and I’m nowhere near where I should be. Seeing that $178K growth from just one smart early decision is crazy. Makes me wonder how much I’ve left on the table.

AliouThiamp
visit shbcf.ru