Our Top 10 Most-Asked Investing Questions, Answered

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[mikegb]

8:00 "More is better than less." One of my best money tips is, "If you want to end up with more money later, save more money now."

[annahillje]

Its so good to see people educate others about financial literacy and the finances of living expenses with a real, calm, no-bull**** approach and making money off of it, without preying on the uneducated by promising unrealistic results. I also love that you warn people about frauds like mlms and hidden privileges of financial gurus.
I love what you women are doing! Keep going like this!!!

[annarchydeclutteranddesign]

Buying a home means accommodation will not be a cost when you get to retirement as you will have paid it off be then. And you can borrow against its value during your life for business, etc.And you can sell your house on retirement and buy a cheaper one and live off the difference. And during your life you can rent out rooms.

[mikegb]

16:38 True. For someone with a stable job who is contributing to investments for retirement, a market crash is a good thing. You should dig deep and accelerate contributions when the market is down to take advantage of cheap stock prices.

[mikegb]

18:12 I disagree. I'm 52 years old, retired, and my net worth is 97% in stock mutual funds. I still have 30+ years of life ahead of me and I don't want to give up stock market returns during that time. My answer to, "What about market crashes?" is, have the largest net worth possible, so that losing 50% is survivable. In my investing experience (which includes the 2000 and 2008 crashes), the market recovers pretty fast -- like 2 to 5 years. I can cut withdrawals to a minimum and live mostly off my military retirement pay for 2 to 5 years. It wouldn't be a fun time, but I could make it and I'm pretty sure my net worth at age 80 will show that staying in stocks was the right choice.

[dsanders]

Chelseaaa, love your suit. Looking great girl. Can't wait to attend!!!

[Kazandra]

While I love these videos and think they're helpful for the majority of your viewers, I would also love to see the channel delve deeper into topics for those already well-versed in finance. I think it would be great to have guest speakers/podcast guests provide a snapshot of their personal portfolios (in %'s) and explain their thought processes when choosing what to invest in!

[paulette]

I would love to get advises on investing out of the US. For most of us who live out of the US or don't have a US social security number, investing is not as easy as it can be for the us market.

[JourneyofBetterment]

OMG I love Amanda I need examples like caboodles!

[trynottoshine]

So I've been watching this channel since I was in my 20s and learned a whole lot! Now in my 30s after having applied a lot of the advice already, I was wondering if it is also possible to make some content for slightly mature investors? (Jeez)

[CoryDAnimates]

Pro Pro tip if the 401k has a Roth 401k with taxes lower right now might as well pay the taxes now and let that money grow with out being taxed on the out.

Also Roth IRA you can take money out to aid in First home buying after having the account open for 5 years.

[doggydude]

The housing vs investing in stock market is a real interesting one. There are a lot about the housing side that should be considered like if you have a family or if you are single. If you are single or have no children, you have a huge advantage to downsize to studio apartment or purchase a small condo/town home in a good neighborhood for you. If you have a family, you have to consider if the neighborhood is good for your kids. How are the schools in the area? For me, a single person, it's worth it to rent downtown closer to work and this area is not good for children as the schools are pretty bad. I can save a boat load of money by just renting and investing the difference from buying a home.

[S-R-H]

I'm pretty excited because this is what I've done. I maxed my 401K and get a match from my employer, but then I also opened a brokerage account, and I put in a set amount every two weeks religiously. I have a mix of stuff in there, but nothing too risky. It took me years to get my credit in shape and begin to invest. I love this channel.

[ml]

this was some of the best FREE advice with actionable steps. if this is what the course is like i’m down!

[CollectingBS]

If retired I would say have a years worth of expenses in cash in case there is a market crash and that way you wouldn’t have to withdraw during that time.

[Kelseyveg]

Please make more videos like this! I can't get enough!

[IamAWESOME]

When I see a market crash and my portfolio down 50%, first though on mind.... Take out a low interest loan at 2% against my portfolio and buy more of them. Love the dirt cheap stocks.

[Nicole-qzde]

I will forever love this channel financial diet.you have helped I and my family since the pandemic till now your advices and lessons are inspirational to us.

[fishstick]

Thank you for always being realistic when it comes to home ownership and renting!!! If we had bought a house 7 years ago when we moved to the Midwest we would have made a huge profit when we wanted to move this year. But we had absolutely no money for a down payment (fresh out of college with student loan repayments on the horizon! 😬). And we weren't planning on living out here for more than 5 years- that's a very bad house purchasing plan!!!

Sometimes it's a little sad looking back and seeing what could have been, (if we could have somehow gotten a loan), but it was the best and most reasonable choice for us at the time, and I'm glad we didn't have to deal with the responsibility of a house fresh out of college.

[odonchimegidersaikhan]

Chelsea, that pin energy is so what i want in my life.