How To Invest $1,000 and Never Work Again

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-RF Financial Consulting LLC-

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

[RichardFain]

BEWARE OF SCAMMERS IMPERSONATING ME IN THE COMMENTS SECTION. I DON’T HAVE A WHATSAPP ACCOUNT! I WILL NEVER ASK YOU TO CONTACT ME BY PHONE OR WHATSAPP!

[BennieY.Jenkins]

When you venture into the world of financial investment, it's important to understand some foundational principles

[Keneth]

I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024.

[bobbyjames]

*I started investing when I was 30, mostly through sweat equity. I just turned 35, and this last month was the first time that my passive income broke $100, 000 for the month. This is solid advice! DO IT*

[LineStriping]

Teaching ppl about this is priceless. Too many ppl have no clue about finances

[bigharp]

I’ve learned the difference between not having money and needing it and having money and not needing it. The transition only comes when you change your mindset and behaviors towards money.

[yelbmlb]

I like this guy. This is the only finance channel I've found that actually gives out practical advice. Every other channel I've seen just wastes 20 minutes of your time telling you to get in the "millionaire" mindset while they try to sell you their course. As if we aren't smart enough to see what their aim is.

Much respect Richard, I appreciate what you're doing.

[adamsgreen]

Thank you😊 for this video, do you offer account management or have any recommendations?

[kinglucian]

Solid advice...wish I'd had it 25 years ago. But it's better late than never at all.

[jamesthomas]

I want to thank you, Richard, you have given me an idea to leave the poverty mindset behind left by people by people in my family who made bad decisions by spending money on things, not of value.

[AverageJoeDividends]

When you do decide to invest, don't panic when the market goes sideways. You have to expect and accept those drops (like March 2020, 2008, Y2K etc.). Stay invested and keep investing even when those drops occur. You will thank yourself after new stock market highs are achieved after those drops.

[pugscaniche]

I started last year to be like you I wish I started earlier but better late than never. The good lesson is that I know what to do now and will teach my 4 year old daughter the same way to see finance

[sonya]

Thanks for sharing. I'm trying to change the generational mess. Almost 50 years of lack of knowledge to transition to learning is a task.

[orionpax]

I’m taking option #3. I only have $500 but I wouldn’t mind having over $250k in 20 years. Thank you sir, your always educational and informative while being inspirational.

[cameronguerra]

Gotta be one of my favorite youtube channels on here. Thanks Richard!

[dennyoviedo]

Discipline, knowledge, wisdom apply to the path of behavior. Thanks brother .

[otiscanupp]

Buy Real Estate at Tax Sale Auction for penny's on the Dollar. Also Buy Constitution Silver ie pre 1965 silver coins for a stable heage for the Dollar. You must also have a Trust to protect your wealth.

[mikewood]

How about 500 a month? And what index funds should I look at? Knowledge, I have none on stocks but my behavior is all in on budgeting my money and using the leftovers to make more.

[streetgossipnews]

I like that YouTube Advisors talk about different information. The only thing they dont do, is show you the exact play to make money

[Tyler-lxyf]

I know times are tough everywhere it’s good to see humans look out for one another to my surprise this team 👆 give best option to grow up others