Should you be saving or investing?

With everything that's happening in the economy right now, should we be investing or saving? today i go over some questions to help determine if you are in the position to start investing or if you should still be saving up and building up an emergency fund.

Video starts at 1:00

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[commonsenseamerican]

Gabe, you are probably my favorite financial Youtuber, I take great inspiration from you.

[cullinm]

I loved your portion on debt. Not enough people are considering that. If you have 11K on a Kohl's Credit Card - DO NOT INVEST (also why are you still shopping at Kohl's?)

[ShariKaye]

I appreciate the style of your videos and the financial content! Great stuff!

[honorablelady]

Great your teaching others to Save, some people you just can't help. You can't always teach an old dog new tricks no matter how hard you try.

[anastasiaelizabeth]

great video, gabe!! really helpful :)

[inea]

One point I want to bring and probably I'll get shoot at for is 0% interest cards.... I do have debt but it was a huge emergency house renovation. My AC died mid summer and I live in Texas. I had to buy a new system, changed the whole system including all duct work. If I'm going to do something might as well do it completely. I used Home Depot Credit Card, 24 months no interest. I divided the whole amount in 18 months and that is what I pay. The rest I'm dropping half in emergency fund and half in index funds. I currently have one month expenses saved up. Feels great!! Thank you for the motivation always.

[krillansavillan]

Really cool video, good insight on where to park your down payment as it grows. What is your video setup for this type of scenario? What equipment do you use?

[NovaaGrind]

Great vid, so try to go 3 months for emergency fund?
Would have to save 50% for 6 months... Damn

[appleztooranges]

I did 2 years emergency funds. Still don’t feel it’s enough 😂

[pandabossanna]

I keep getting notifications that my savings accounts interest rates are being reduced by my banks! The best one now is 1.2% haha....

[kathandesai]

Your videos are amazing, informative and captivating Gabe. Just a small suggestion, I would really appreciate if you consider upgrading your Grooming game. Thank you!

[craig]

Would you say it would be better to invest while saving or to save everything, if wanting to eventually have enough to own a buy to let in a few years time?

[MacGregor]

What are some books or courses that can teach us on investing?

[missxmarvel]

Only invest in things that makes or saves money. Forget stock markets or pyramid MLM ect.

[SirTibzy]

Hi Gabe, nice channel! Quick question, I read that the "Price-Earnings Ratio" figure can be used to see how many years it would take for the "Earnings per Share" to recoup the price that the share was initially bought for. I.e. a $24 initial share price divided by a $3 EPS equals a PE Ratio of 8 - meaning that it would take 8 years (if EPS remained $3 every year; not likely but for examples' sake) to recoup the $24. I'm confused though because EPS is just a figure for analysis, its not actually PAID OUT - so surely you'd only "recoup" the price you paid for the share when you actually SELL it? (as long as share price hasn't fallen).

[bentcan]

Are you gonna put the podcast on youtube again?

[sladanarebo]

You are nice..🙃 visit as in dubrovnik..🤗