The top three rich people's mistakes #shorts

The top three rich people's mistakes #shorts

#nicholascrown #investment #annuity

[muhkula]

"Wise men go broke in three ways; ladies, liquor or leverage"

[etlarm]

Those are some good problem to have
As a broke guy under 30, i like to have those problems 😂

[prestonpetterson]

I’ve been doing tax returns this year and the people that bring home $200, 000+ annually do this exactly! Thanks for sharing some game!

[NyghtsApocolypse]

Teach me your ways Mr. Crown! I don't want to be rich, I just want to be comfortable and out of the food industry... I have felt stuck for a decade.

[gailrodgers]

I remember when my husband and I met and he told me about the awesome life insurance policy that he had. I knew he was not understanding it. When I had a chance to look at the paperwork and we closed that account and instead got him a term life policy Which expired last year when he became disabled and now on SSD. Between what we have coming for my retirement and his money, we are making it. Not rich or really rich, but I feel rich. My retirement account has gone up something like 30% since about Sept when I had to take my yearly withdrawal from my IRA. It isn't a huge amount, but being careful helps.

[jayarre]

Man, to know everything that this man knows. 😮‍💨

[ducmas]

Guy who works with HNW clients here, he’s right. We onboard clients and see it all the time.

If I could say one thing, look at your asset LOCATION as much as allocation. It will profoundly impact your LT/ST goals and financial abilities. It’s not only what you invest in, but where.

Especially when it comes to age based mutual funds in large company 401ks or public/private pensions. Do some dudligence and see what you’re paying. Especially if you’re no longer working at that firm or company.

[joeyhofmeister]

I've noticed the first one wayyy too often, virtually everyone I talk to have no clue what their retirement account is actually invested in.

[SG-qure]

Appreciate this. Am definitely guilty of #2, except I’m aware of the issue. The funds just end up needing a home.

[thirdaccount]

Love your content. You and this CFO I follow on YouTube makes me want to start my own company

[vxnova]

Bond funds are the worst, they seem to still go down when the economy is bad and don’t get the return of stocks,

[AnonuserIguess]

I’ve been following you for some time now and had no clue you sell life insurance/annuities lol. I have my license too but I’m more focused on managing money and providing investment advice with my other licenses

[BlakeMcCringleberry]

9% return on a bond? Are we talking junk bonds or something? That's a crazy return.

[Toknowtheeventofgod-cwhw]

Buffet owns dividen paying stocks..
Thats it.

[kathleenloehr]

Sad part most of the money will not be tracked, traced and end up in on unidentified private pocket of politics like the majority of our tax dollars

[andrewiyunytclaudioyvsh]

I love this channel and usually find it entertaining. Also never comment on videos. I am financial professional.. be extremely careful of annuity salesmen.. disappointing

[Indra.artist]

So I get a 4000$ check monthly that I must live on and want to invest
? Any advice

[josephr.]

As a low net worth individual, I can tell you what's exactly in my retirement account. $0.00 but I hope that changes after I get my career in music started.

[keelanesquivel]

Need help: my Roth IRA transferred banks and now I can’t buy fractional shares of index funds. What do you guys recommend?

[StrangeTerror]

Man what i would give to pick your brain before this next major event in my life. Never thought I'd have anything in life and that may be about to change, scary how fast it can be thrown away.