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40 comments
I started with nothing but curiosity and Trading has truly transformed my life. a leap of faith in the financial markets. Despite challenges, I stayed committed, learning and growing with each step. Today, I’m proud to say that trading not only gave me financial freedom but also the means to own a house. It’s been a rewarding journey, and I’m grateful for the opportunities it’s brought my way
This is how it should be done.
This video has great replay value.
Everything was explained clearly.
How do I choose those 4 funds? Doesn't my employer choose what they want to invest in from our contributions?
Always great content from you.
This was informative and useful.
So my question is, after starting a Roth is to proceed by selecting the type of investment with my company ( growth, international,etc) ? Or do 401k and mutual funds separate with a broker ?
Acquiring stocks could appear simple, but choosing the right stock without a tested plan can be very difficult. My main barrier to growing my $210K portfolio, which I've been working on for a while, is the absence of well-defined entry and exit plans. Any guidance on this would be highly valued.
I didn’t expect to enjoy this so much.
No fking way im not investing my 401k to at least the employer match haha
I found this really helpful.
Started with 38k in August 2024, and now, in February 2025, I’ve hit 659k through investing. Big thanks Richard for all the knowledge you’ve shared over the last few months—it’s been a game-changer!..
They all could of bought bitcoin instead
Does anyone know a reliable trading expert who actually delivers results? I’ve been scammed twice and really don’t want to fall for another fake.
Just crossed 200k, it's almost 6x growth from my starting point of 36k at the beginning of the year. My long-term goals are lining up nicely
Crossovers between creators spark viral potential
Im 32 and wished id looked into investing 10 years ago. Just never understood and had no one to ask. Currently using monzo platform and testing the water in a few funds.
Do you have a video for those in the UK?
I have friends who literally get angry at me for being smart with my money. It’s bizarre and I’ve decided to distance myself from these negative, broke mindsets
I am all about being aggressive as possible with paying down debt but not contributing to his jobs 401k is not sound advice in my opinion, especially if the company is matching that amount. Even if that is only for a couple years it can still set him back a lot. I would continue to contribute that 6% and still aggressively pay toward my student loan.
Age makes a huge difference here. You can't just use a bunch of stock indexes when you're 5 years from retirement.
We save about 50% of our income for retirement.
Dave Ramsey will get you out of debt. John Bogle will help you invest.
I just turned 20, and I hope to be financially free at a young age, I don’t want to retire by 75..Jesus! So I hope starting this early I have an advantage🙏🏾
CRO Coin is up
Horrible advice. If there is a company match, it’s free money and you get the ball rolling.
Lance performed at his best while being exhausted and sleep deprived… This is insane, it shows many years of experience and hard work.
Interesting video I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
I sometimes wonder how successful investors manage to accumulate enormous wealth from their investment endeavours and portfolios because I am an avid investor. I currently have equity from a recent house sale that exceeds $545K, but I'm not sure what to do with my money next. Is now the right moment to buy stocks, or should I wait for a better opportunity?
I started investing because I liked the extra money from stock dividends. The key, in my opinion, is to make enough money through both investing and dividends, so you can live off the dividends without selling anything. This way, you might pass on this financial advantage to your kids. I've put more than $60K into dividend stocks over the years, and I'm still buying more, planning to keep going until prices drop more.
What if you have so much debt that there is no way to pay it off quickly? Like over 500,000?
If your work is matching your 401k, DO NOT STOP putting in the maximum ever…
This bit of advice that Dave always gives can cost you thousands upon thousands of dollars.
Stop all investing, except 401k that is matched, until you are out of debt and yes, live on rice and beans until youre debt free, for 32k, that won't take long.
Oh just for the record, I'm not broke.
The most popular investment portfolio strategies include diversification, where you spread investments across different asset classes to manage risk. Another is the growth strategy, focused on capital appreciation through high-risk, high-reward assets. Income-oriented strategies target regular income from dividend stocks or bonds. Finally, there's the value strategy, seeking undervalued assets for potential long-term gains.
Let’s be honest, starting to invest in this economy feels like jumping into deep water without knowing how to swim. My grocery bill is up 40%, rent's insane, and everyone’s pushing "high return" nonsense online. I needed clarity.
How do I start in..vesting, I need guidance on this please.
I’m still lost!!! I just don’t understand. Is the maximum amount in a Roth $8,000 per year??? Can you give us this information because some of us don’t know. Thank you
I listened to a buddy of mine named Andrew and started my Roth the night I turned 18 with Schwab been maxing it out with index funds almost 23 now
The only caveat to Dave's advice i would say is that the caller should still put money in the 401k or roth that the company will match.. then put all the money to pay down debt.
Also with his annual salary he should double check if he still qualifies for Roth as he may be near the limit for Roth accounts.
These are the reasons why you lose your trade :
1. Lack of a system
2. Lack of patience
3. Lack of discipline
4. Lack of Backtesting
5. Lack of Journaling
6. Poor psychology
7. Poor Risk manageme
Honestly, if you’re feeling stuck with money stuff, just look up Caren Janelle Jacobs. That’s what I did, and it was a total game changer.