Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place...
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Abby Joseph Cohen. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.
I know this lady you just mentioned. Abby Joseph Cohen Services is a portfolio manager and investment advisor. She gained recognition as a former employee at Goldman Sachs; a renowned investor she is. Abby Joseph Cohen has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Been debt free for two years thanks to Abby Joseph Cohen Services. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.
As a Gen X grunge kid who is all grown up, my perspective is "f$@k you" if you don't like my clothes and car and such. People who negatively judge me for driving a junk car are people I don't want in my life.
The avg. American is having a tough time, I know I am not alone. There are others in same position as me. By certain statistics: 22% of americans have no retirement savings. 64% are worried that they will not have money in latter years while 47% of adults who are not yet retired think they have to work part-time in retirement. How can I best grow the 100k I have saved seperately outside retirement access which of course had depleted over the years?
I’m not sure if I’m intentionally frugal, but I just don’t find the NEED nor DESIRE to want a lot of things. Don’t get me wrong, when I see family and friends with shiny new things, I think they’re pretty cool and am happy for them, but when it comes to me, I’d honesty rather just save it, invest it, and grow it. I still satisfy my NEEDS which feels very aligned with my WANTS, so nothing feels feel like a sacrifice. I’m really happy with that. Maybe I’m a simpleton.
That Dave Ramsey quote about buying things we don't even want with $ we don't have to impress people we don't like is so true. The mental health benefits of taking control of your finances are very underrated!
Absolute pure truth. What has allowed me and my wife to save and invest for and eliminate all debt (except the mortgage) was frugality in its purest form. While friends and family are doom spending into oblivion while calling us misers, I'd like to that we're just alot more wiser. It's unfortunate that being frugal is not going to help much with out of control inflation, groceries, and $850,000 homes (median price in our county) frugality can only get you so far but it's a start..
Exactly, inflation will continue to increase, and there is nothing anyone can do about it, you either figure out how money works and it's true purpose or get left behind like most people
Started my portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education!
Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds?
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 23 months and l've accumulated over $70K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like *Marisa Breton Dollard* who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
I’m 52 retired with a pension and a 7 figure portfolio. I spend money like I’m broke. That is how I made it where I am today. I always want value for my money. It makes no sense to throw it away and spend more than I need to.
I’m totally debt free. My own home, car, and retired. It’s crucial now that I be frugal and mindful of every dollar. I have a tendency to buy things .. just coz. It does create inner turmoil.
So how exactly can we guard against the coming financial reset for 2024? Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.
I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Jessica Lee Horst" I've worked with her for some years and highly recommend her. Check if she meets your criteria.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
It’s true the more money you have the more problems it can bring you. You spend on unnecessary stuff which creates clutter. Just be careful what you buy and how much you buy. Just use some common sense and don’t overdose on spending money. Just buy what you need. I didn’t learn this until I saw how much stuff I had and didn’t use.
People need to live on 50% income & save/invest the rest. Young people have no idea how prices change over time. In 1976 when I was 21 a Big Mac & fries was $1.20 now price is $9.79. Dollar stores were called five & dimes because things were 5 or 10 cents. I could live on $10k a year, the same lifestyle now cost $70k and only because I don't have a car payment, would need to add another $10k if I had a new car + insurance. A person in their 20's will need to plan for $10 million retirement fund if they want to maintain same lifestyle and eat a $80 Big Mack & Fries 40 years from now. I didn't understand in my 20's why grandma was eating cat food on a cracker, now I do.
Honest question. Does the consumption help others have jobs/income? I understand the negative environmental impact but just wondering if in total it is a net good or net bad? Again just a thought and curious on your response. Fyi I happen to be a frugal person so I can hopefully retire some day.
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to take risks. Saving is great but taking risks puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to Mrs Helena Crouse, my portolio is doing really great and im proud of the decisions i made last year
You drew some nice cartoons about people and their relationships, but you left out one huge reality. A lot of people are toxic, and the number is growing!
Alas, I wish the drive towards frugality was organic like it was before 2020. Living on less can be very satisfying while making you rich when you divert consumer spending to investing. But it's really being forced on people thanks to out of control government spending driving inflation through the roof. If the economy doesn't get better in the next few years we'll be reliving the frugality of the Great Depression. This is where people scrimp and save just to keep their heads above water.
Never owned a house and never had more than one car in the driveway. My wife and I have always lived a simple life and now ready for a more simple retirement ❤
These are not sarcastic questions. I'm into illustration. (1) Where/how did you learn to draw? (2) How come sometimes you draw Disney style, where humans have three fingers on each hand, and other times you draw more realistically with four fingers? Thanks.
Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place...
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Abby Joseph Cohen. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.
I know this lady you just mentioned. Abby Joseph Cohen Services is a portfolio manager and investment advisor. She gained recognition as a former employee at Goldman Sachs; a renowned investor she is. Abby Joseph Cohen has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
How can i reach her, if you don't mind me asking?
Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Been debt free for two years thanks to Abby Joseph Cohen Services. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.
Thank you for putting this out looked--up ABBY JOSEPH COHEN SERVICES, her consuIting page came up at once, she seems highly grounded
As a Gen X grunge kid who is all grown up, my perspective is "f$@k you" if you don't like my clothes and car and such. People who negatively judge me for driving a junk car are people I don't want in my life.
The avg. American is having a tough time, I know I am not alone. There are others in same position as me. By certain statistics: 22% of americans have no retirement savings. 64% are worried that they will not have money in latter years while 47% of adults who are not yet retired think they have to work part-time in retirement. How can I best grow the 100k I have saved seperately outside retirement access which of course had depleted over the years?
Think about actions you’re taking that might be harming you such as carrying over credit card debt each month.
I agree. you should think about steps you can take to start. Start somewhere. Anything is better than being frozen even.
In my opinion, create a budget including income and expenses, do this with a financial advisor.
Plan with a pro advsor for a successful retirement.i work with an advsor and generated over 1 5 0 %
In 11 mnths with guidance.
I’m not sure if I’m intentionally frugal, but I just don’t find the NEED nor DESIRE to want a lot of things. Don’t get me wrong, when I see family and friends with shiny new things, I think they’re pretty cool and am happy for them, but when it comes to me, I’d honesty rather just save it, invest it, and grow it. I still satisfy my NEEDS which feels very aligned with my WANTS, so nothing feels feel like a sacrifice. I’m really happy with that. Maybe I’m a simpleton.
I think you are frugal by nature and also perhaps do not feel that you need to buy things to feel better or keep up...great!
I have become very conservative in spending… it’s almost become a game where I try to spend less this month than the month before.
That Dave Ramsey quote about buying things we don't even want with $ we don't have to impress people we don't like is so true.
The mental health benefits of taking control of your finances are very underrated!
Companies and banks don’t want people to discover that they buy a lot of stuff they don’t really want or need.
Too late, I have been doing it for years. 🎉
@driftingintoretirement It's never too late to develop intentional spending habits.
Experiences are always better than just buying stuff.
Absolute pure truth. What has allowed me and my wife to save and invest for and eliminate all debt (except the mortgage) was frugality in its purest form. While friends and family are doom spending into oblivion while calling us misers, I'd like to that we're just alot more wiser. It's unfortunate that being frugal is not going to help much with out of control inflation, groceries, and $850,000 homes (median price in our county) frugality can only get you so far but it's a start..
Everything got more expensive and your paycheck didn't go up, you adapt or fall. Thats the only real choice
Exactly, inflation will continue to increase, and there is nothing anyone can do about it, you either figure out how money works and it's true purpose or get left behind like most people
Many things are still cheap, and inflation hasn't impacted me.
Started my portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education!
Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds?
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
Her name is. '’Aileen Gertrude Tippy’’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I'm favoured, $22K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,,
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
Investing in crypto/forex is a good idea,
a good trading system would put you
through many days of success.
Investing $15,000 and received $174,000
YES!!! That's exactly her name (Mrs Maria d) so many people have
recommended highly about her and am
just starting with her 😊 from United States
+170
Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 23 months and l've accumulated over $70K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@@joshbarney114 I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like *Marisa Breton Dollard* who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
This is more about fighting materialism rather than frugality. After all, you can still blow a lot on experiences.
Agreed. Decluttering my house really helped me develop more intentional spending habits.
I'm plenty busy playing retro videogames and it's way cheaper than new games too.
I parallel.. I still watch dvds and have a playstation2 .. I like PacMan World. It goes on and on and on.
I always look forward to your videos. I gain knowledge everytime i watch.
I’m 52 retired with a pension and a 7 figure portfolio. I spend money like I’m broke. That is how I made it where I am today. I always want value for my money. It makes no sense to throw it away and spend more than I need to.
I’m totally debt free. My own home, car, and retired. It’s crucial now that I be frugal and mindful of every dollar. I have a tendency to buy things .. just coz. It does create inner turmoil.
So how exactly can we guard against the coming financial reset for 2024? Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.
Knowledgeable Investors know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions.
I agree, having the right plan is priceless. My portfolio is well-suited for any market and recently doubled since early last year. My CFP and I are aiming for a seven-figure goal, which might take another year to achieve.
Who is this person guiding you and how can i reach he/she?
I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Jessica Lee Horst" I've worked with her for some years and highly recommend her. Check if she meets your criteria.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
It’s true the more money you have the more problems it can bring you. You spend on unnecessary stuff which creates clutter. Just be careful what you buy and how much you buy. Just use some common sense and don’t overdose on spending money. Just buy what you need. I didn’t learn this until I saw how much stuff I had and didn’t use.
People need to live on 50% income & save/invest the rest. Young people have no idea how prices change over time. In 1976 when I was 21 a Big Mac & fries was $1.20 now price is $9.79. Dollar stores were called five & dimes because things were 5 or 10 cents. I could live on $10k a year, the same lifestyle now cost $70k and only because I don't have a car payment, would need to add another $10k if I had a new car + insurance. A person in their 20's will need to plan for $10 million retirement fund if they want to maintain same lifestyle and eat a $80 Big Mack & Fries 40 years from now. I didn't understand in my 20's why grandma was eating cat food on a cracker, now I do.
Frugal is the way to go
US is under 5% of the worlds population but consumes more than 20% of the worlds goods...Frugality for Americans is needed.
Honest question. Does the consumption help others have jobs/income? I understand the negative environmental impact but just wondering if in total it is a net good or net bad? Again just a thought and curious on your response. Fyi I happen to be a frugal person so I can hopefully retire some day.
America as it's finest
At best it's net neutral but more often than not overconsumption is bad. Like look how many storage units there are in the states it's maddening
😮😮😅😅😅😅😅😅😅😅😅 1:15 😅@@JohnDoe_1609
@@JohnDoe_1609f h h 1:21 😊😅in 😅ex6
I didn't "jump" into the frugality bandwagon. I got thrown into it lol 0:25
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to take risks. Saving is great but taking risks puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to Mrs Helena Crouse, my portolio is doing really great and im proud of the decisions i made last year
She is the best, honestly, I benefit too. This inflation
has taught people the importance of multiple income. Investments help a lot.
How do I get to connect with her?
You drew some nice cartoons about people and their relationships, but you left out one huge reality. A lot of people are toxic, and the number is growing!
Alas, I wish the drive towards frugality was organic like it was before 2020. Living on less can be very satisfying while making you rich when you divert consumer spending to investing. But it's really being forced on people thanks to out of control government spending driving inflation through the roof. If the economy doesn't get better in the next few years we'll be reliving the frugality of the Great Depression. This is where people scrimp and save just to keep their heads above water.
Never owned a house and never had more than one car in the driveway.
My wife and I have always lived a simple life and now ready for a more simple retirement ❤
These are not sarcastic questions. I'm into illustration. (1) Where/how did you learn to draw? (2) How come sometimes you draw Disney style, where humans have three fingers on each hand, and other times you draw more realistically with four fingers? Thanks.
Your thumbnail design is impressive, but I'd like to create some for free. I need it for my portfolio to showcase on Upwork.
frugallity = freedoom frugality + investing = independence retire early living life ....
Consumerism and high taxation is like slavery. Sometimes you learn the hard way.
Woke corporations and advertising have made it extremely easy.
More people leaving frugal life due to immigration and embrace capitalism 😅