I’ve always wanted to make my money work for me, but I had no idea where to begin. This video really simplified the whole idea of passive income and how to start building wealth with the right assets. As a beginner, it’s a little overwhelming, but I’m definitely going to start looking into these options. Thanks for the clarity!
I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.
The stock market is definitely picking up pace right now, but I still think investors should be careful at this time. I'm actually a newbie in this space, so I'm open to hearing other investors' take on this.
Investing in mutual funds offers a structured and diversified approach to building wealth, managed by professional fund managers. While there are costs and some limitations, the benefits of diversification, professional management, and ease of access make mutual funds a popular choice for achieving a variety of financial goals.
Rich people play the money game to win while the poor people play the money game not to lose. The goal of a true rich people is to have massive wealth and the poor see surplus as an opportunity for consumption instead of investing it. Change your mindset and do what the rich does, which is investing. A motivational speaker told me this.
Here are things that I changed in my life that helped me go from living paycheck to paycheck to my first mil. 1. Start focusing on your self (workout, watch yt about money making). 2.Knowledge - Read books my personal favourite was Hidden Secrets of The rich by shirlest 3. Surround your self with succesful people (if everyone around you smokes most likely you will start too. If everyone around you is rich you will have no chance but to become rich) 4. Talk with a lot of rich people. 5. Start experimenting don't be afraid of failing losing money. If you learn from it it means you'll profit from it.
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.,..
In my 50s, I'm focused on investments for retirement. I've heard of people generating substantial passive income, like someone who earned $200K under a year. What's the strategy for such returns?
Creating wealth entails establishing positive routines, I had only $78k to my name at 42 when I first woke up to this reality. I chose the stock market as a medium of growth, got an excellent financial advisor, Financial management is a vital subject that many avoid, often leading to future regrets.
Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?
To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income particularly weekly or monthly basis. That's The key to being financially stable
Most times it amazes me greatly the way I move from an average lifestyle to earning over $25k per week, utter shock is the word, I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus
Always kept an eye on crypto, hesitated due to its volatility despite being a long-term stock investor. Now that it's mainstream, I want in. How can a beginner navigate the crypto space with all these talks of a retrace? i don't want to buy the top
Fact, No one way to Wealth, just understand the key. As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?....
Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.
There's a huge reset of wealth right now, commercial real estate is down at least 30% same with the stock market, high tech with huge multiple variations are down more than 40%. So is this a good sign to buy stocks, or do I just hold cash? I own a house already
I received my investment fund update this morning-and holy cow- I was so amazed with the returns Jason Herman Pierce you are doing a great job! I'm kicking myself for not putting more into this deal because of the results I have so far earned, but then I am so happy for this portfolio I won't make the same mistake next time anyways! Please keep in mind that it pays so much to stay focused and plans towards a successful retirement for future opportunities and financial stability..I'd love to invest more in different portfolios as the future can never be guaranteed except a proper plan is made towards securing it.
As I start exploring value investing, it’s fascinating to see how many quality stocks are flying under the radar. If you were handed $90,000 today to construct a growth-driven portfolio, where would you put your money?
I make passive and active income from investing into the stock market and also getting dividends while still trading on a 7 figure portfolio with currency pairs, etfs, bonds, digital currencies and other assets, i use a Fiduciary investment broker, it has been a year and half of steady financial growth
@ShanitaCreswell