How Do I Invest $1,000,000?

How Do I Invest $1,000,000?

Listen to how ordinary people built extraordinary wealth—and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, George Kamel, Rachel Cruze, and John Delony.

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[kortyEdna]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

[AliceAnderson-inet]

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..

[janecornard]

“HOW SHE RESTORED MY FINANCES” steps below...

[adamsfueher]

Remember that becoming a millionaire is a marathon, not a sprint. It requires consistency, discipline, and patience over many years. By following these steps and staying committed to your financial goals, you can achieve financial independence and build wealth over time, even on a low salary.

[ritaparker]

Consider diversifying across various sectors (like technology, healthcare, finance) and types of stocks (large-cap, mid-cap, small-cap) to spread risk.
ETFs/Index Funds can provide broad market exposure and lower risk compared to individual stocks.

[patrickbrussels]

Ensuring the protection of your capital holds greater significance than solely focusing on making money. This is primarily because once your capital is lost, the process of generating profits becomes significantly more challenging. It is comparable to the notion of "missing the train" versus the irreversible consequence of "losing your money." While there are various opportunities available, once your funds are depleted, it becomes exceedingly difficult to recover.

[emersonstagnitta]

Almost every youtube post is about how to invest this or how to invest that. Do people actually make real money from this or is this some sort of ponzi scheme?

[CJ-wright]

Investing in various sources of income that are independent of the government should be the most essential thing on everyone's mind right now. especially in light of the global economic crisis at the moment. The time is still right to invest in stocks, precious metals, such as gold and silver, as well as virtual money.

[trazzpalmer]

There is potential for considerable wealth increase with the correct strategy. I want to know; How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?

[robertthurmond]

retired few years ago at age 55. $1M in the bank. more period spent with my wife. I used to miss 3-5 outings to the gym each week because of work. Much less anxiety. more leisure time. 5, 000 miles of cycling in my first year of retirement. I joined my golf team that my work travels used to interrupt. Thanks to having no debt and years of devoted investment with my FA Emily Lois Parker, we have actually seen our net worth INCREASE almost every year in retirement. able to assist my wife more. Much more time spent outside. The wonderful life!

[Shipwreckl]

We really need more videos on after retirement investing. This really gives peace of mind because we mostly hear how to invest today but I have always been curious about after retirement. I would suppose this video can apply to anyone with an inheritance, and even lottery winners.

[mannyjeanpierre]

Good call for young investors. Numbers up front, what he wants and educated us on past mistakes. More callers need to be like this

[James-vjhz]

This man could have been incredibly rich if he didn't have so much faith in the Government and the US dollar. But he's definitely a great saver.

[philiptheartist_]

All that to say, put it in the stock market. It’s not perfect but it can work out

[MrBubs-yuwm]

Man, this guy probably gave up tens of millions of dollars of growth over his lifetime

[jodiriis]

Most banks have a team of advisers you can pick from.
Ask your bank manager next time you’re in if you can have the best financial advisor available.

[emiliajoe]

Our government is putting so many families in difficult situations, I pray for our country. low income people are suffering to survive! I appreciate Ms Florence Thomas, Imagine investing $1000 and receiving $5200 in 3 days.

[demri]

Big lesson here: dont get scared. Never sell

[ktube]

My portfolio is plummeting significantly, I’ve lost about $320k within a few months and I'm not confident about picking stocks anymore. Are there really no other options for me to gain from the stock market?

[charleschavez]

spia comes to mind. 20 year certain to pass that on to a beneficiary and guaranteed income. the market has dropped 20 % since this advice. Guy is conservative and wants guaranteed income without risk.