What's The Right Way To Invest 15% Of Your Income?

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[dr.Morgann]

I'm set to make $600, 000 this year, and my net worth is north of seven figures, but I'm really worried. My portfolio has only grown 10% in the last five years, and I feel stuck. I desperately need to revamp my investments. Any advice on what to do with my money would be greatly appreciated.

[HugoBergmann-lund]

Investing in Roth IRA can be a good choice since they are funded with after tax dollars, your contributions can grow tax-free over time. When you withdraw money from your Roth IRA in retirement, you won’t have to pay tax on it, which will help you keep more of your hard-earned money. I retired with 5 million dollars

[Clancysoucie]

I’m saving and investing around 70 percent of my income in the financial market(high yield etfs, stocks etc) pretty much how I made my first million although with an FA. I have a high paying engineering job, and I live upstate NYC. my expenses are low. I have zero debt, low rent and car truck paid off. So i can just save. feel lucky at this point I'm actually grateful for my advisor handling my portfolio.

[barttfisher]

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. $52k dividends received in july 2022.

[MamieEvans-dpsc]

As a newbie about to invest, you must have these four things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with a financial advise like Alex Gomez..

[Debbie.Burton]

I invest 25% of my income in the stock market at the start of each month and hold for at least 5 years. Recently, I've faced significant losses of about $150K. What can I do?

[ericmendels]

Investing in Roth IRA can be a good choice. I have been managing my portfolio myself, When I withdraw from my Roth IRA in retirement, I won’t have to pay tax on it, which will help me keep more of my hard-earned money.

[NicholasBall]

Interesting video I'm in my 50s and I'm more interested in investments that could set me up for retirement, I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

[Rashaadthegr]

Once I got out of debt. I started investing like 40% because I felt behind after being in debt my whole adult life. I know most can't or won't do it but I am doing what nobody else will do now so later I can live, give and retire early like nobody as can or will.

[Hiker]

I love this caller. She's committed to the process, thinking long-term, and did her research before calling. It's nice listening to the smart callers instead of people who bought dumb things and want Dave to think they were the exception.

[MaryOlson]

I just sold a property in Portland and I'm thinking of putting the cash in stocks, I know everyone is saying it's ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

[b_bogg]

An Actual financial question? Not about bachelorette parties or deadbeat relatives ? Nice

[graceocean]

In light of the current volatility of the stock market, I believe investors should be concentrating on undervalued companies. Currently, 35% of my $270k portfolio is made up of once highly regarded stocks that are now falling, and I'm at a loss for where to turn from this devastation.

[AddilynTuffin]

A Financial Planner told me Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. How can take advantage of compound interest and potentially grow my retirement savings to about $3M over time?

[LisaSeigfried]

I genuinely mean it when I express my stress and concern regarding the market crash and high inflation, particularly in relation to my retirement. I have been experiencing losses for quite some time, and while some may argue that crises can present opportunities, I am feeling overwhelmed. However, I understand that investing is a long-term endeavor, and it is crucial to maintain focus on the bigger picture and the long run.

[CharetteRose]

Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $117k stocck portfolio, what’s the best way to take advantage of this bear market?

[FlutterSwag]

Its nice hearing from normal income callers and not "I make 150k a year and just dont know how to get outta debt"

[BrandonMinguez]

Now this is a great video. Perfectly lists out a game plan on how to invest the first 15% of your gross income.

[yodatwinkie]

Love this kind of videos! Super informative 👏💪

[DemetriPanici]

Love it when you break things down like this