Optimal Order For Investing Your Money

► There are many options when it comes to investing, but which order should you invest in them? In this video, I'll share with you the optimal order for investing your money.

Timecodes:

0:00 - Intro
0:49 - Emergency Fund
2:15 - 401K Employer Match
3:32 - High-Interest Debt
4:12 - Roth IRA
5:28 - HSA
6:24 - 529 Education Savings Plan
7:27 - Max 401K
7:58 - Taxable Account
8:46 - Lower Interest Debt
9:39 - Pay Off Mortgage

------------

FAVORITE TOOLS:

LINKS:

DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.

[Robbertskypes]

The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?

[Manselus-uykz]

With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, l'm still at a crossroads deciding if to liquidate my $400k bond/stock portfolio.

[claraclouse]

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

[DonaldMark-nese]

I just turned 41 and awfully late to investing with barely any portfolio except my 401k, I have a decent amount of cash saved up and with inflation currently soaring AGAIN, I’m getting worried about retirement, my intention is to retire at 65 atleast, so how best do I maximize my savings of over $500k

[alexsteven.m]

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.

[ChristopherAbelman]

I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.

[BenjaminMcLeod]

Dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $600K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further

[alexyoung]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have about $70k amount of capital to start up but I have no idea what strategies and direction I need to approach to help me make decent returns

[Angelavaldess]

I just found your page with this video- I consider myself a high income earner so I'm curious to know how people split their pay, how much and in what order does it go into savings, spendings and investments, I earn around $120, 000 per annum but nothing in my IRA to show for it.

[LarryAnthony-utok]

The best investment one can do right now is investing on real estate though stocks are good but ever since I swapped to real estate, I've seen so much difference.

[stevensmiddlemass]

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

[jessicamoore]

I've been diligently working, saving, and investing toward financial independence and early retirement, but the economy since the pandemic has eaten up the majority of my $3 million portfolio. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?

[andrewhunt]

Kudos for touching on the vesting period for 401k's. Everyone gives the advice to put in to get employer match, but never takes into account if the job is temporary or not.

[goldengriffon]

This is an extremely high-quality video! Lots of vital info, efficiently presented. Many other channels ramble too much, and don't mention the important details you cover in a shorter time. You're doing a great service!

[jacobcolman]

Just found your channel and am binge watching these videos. Amidst so much ‘get rich quick’ toned content online, it’s so refreshing to see some long-term, wealth-building focused content that advocates for financial wellbeing. Loving the channel dude!

[justinpickens]

Tae, you may or may not read this but I just wanted to say your video was educational, easy to follow along with, simple and enjoyable to watch. Good work.

[sergiomachuca]

You're a vet?! Thank you for your service! And kudos to sharing this financial knowledge. Props for securing your education with your service and props to saving for your kids' education as well. I strive to be in a similar boat as you.

[ryanm]

I go back to this video constantly it’s a really great framework for allocating excess savings!

[NormanGhali]

With all of the current events, what is the best approach to profit from the present stock market? I'm still debating diversifying my $400k stock portfolio to obtain some profits while minimizing risk.

[rolexer]

ty. i got rid of CC debt first, maxed 401(k), paid off cars, then mortgage. i still have some student debt left at a low rate that will be paid off in the next few months. it has hurt but i will be happy to be 100% debt free soon. the emergency fund was done prior to all the above.