My 2024 Financial Position and Investing Goals Explained.
Vložit
- čas přidán 17. 12. 2023
- Start speaking a new language in 3 weeks with Babbel 🎉. Get up to 60% OFF your subscription ➡️ Here: go.babbel.com/t?bsc=1200m60-y...
In this video, let's revisit my financial goals and see whether I've achieved them, and what lies ahead for 2024.
★ ★ LEARN TO INVEST LIVE ★ ★
Register your interest for our 6-week beginners course (including 5 live calls with Brandon):
newmoney.myflodesk.com/learnlive
Brandon van der Kolk is authorised to provide general financial product advice in Australia and is an Authorised Representative (Number 1305795) of Guideway Financial Services Pty Ltd, AFSL Number 420367. Any advice is general & does not consider your financial situation, needs or objectives so consider whether it's appropriate for you. Read Brandon's Financial Services Guide available from guideway.com.au/NewMoney.pdf. Past performance is not a reliable indicator of future investment returns.
Contact email: hello@newmoney.contact
Note: I do not have the ability to answer all emails, but know that each email is read. If enquiring about sponsorship, New Money is currently only seeking sponsorship from established brands.
Start speaking a new language in 3 weeks with Babbel 🎉. Get up to 60% OFF your subscription ➡ Here: go.babbel.com/t?bsc=1200m60-youtube-newmoney-sep-2023&btp=default&CZcams&Influencer..newmoney..USA..CZcams
At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
I just looked up this person out of curiosity, and surprisingly she seems really proficient. I thought this was just some overrated BS, I appreciate this.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
You're right! With the help of an experienced coach, I made some changes in my investments. I started with $321k, and now I have more than $750k by investing in stocks, ETFs, and bonds. I think housing prices won't go down much until there are more houses available.
@@mariaguerrero08Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.
"Camille Alicia Garcia" maintains an online presence. Just make a simple search for her name online.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
Having been concerned about finances throughout my entire adulthood, it's captivating to observe this video and realize that one can achieve alot if goals are set right. Experiencing the freedom of not being preoccupied with the financial concerns that consumed me for numerous years is truly liberating. I suppose this is the result of putting in diligent effort for the future.
Remarkable observations! Handling and staying abreast of things can be quite daunting for newcomers like myself. Are you a seasoned investor, or do you employ a methodical approach to staying well-informed?
A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to stay afloat, hence I engaged the services of a true market strategist to help rejuvenate my 700k portfolio and boost performance and returns by 40% in a little over four years.
Mind if I ask you to recommend this particular coach you using their service?
Pamela Kay Regel deserves credit as one of the finest portfolio managers in the industry. Her reputation precedes her, and I highly recommend looking her up to locate her online if you are internet-savvy
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Great stuff. We can't ignore the potential impact on portfolios. Bonds are often considered a safe haven, and if they eventually crumble, investors like me might scramble. I’ve been investing for 11 yrs and my 1m portfolio has never been this depleted, how i do hedge this?
In fact, markets have been incorrectly priced in such a way that the fed has to pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. This show why pointers from finance-managers are essential
A lot of folks downplay the role of advisors until being burnt by their own emotions. I needed a good boost to stay afloat, hence I engaged the services of a true market strategist to help rejuvenate my 700k portfolio and boost performance and returns by 40% in a little over four years.
Please can you leave the info of your lnvestment advsior here? I’m in dire need for one
l am being guided by Monicaa Mary Strigle who is widely recognized for competence and expertise in the financial market. Sh has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
My motto for 2024 is: Invest early, invest often, stay invested.
How do I go about doing this? Where do I begin? I'm completely perplexed.
So, start with equities, purchase a decent cross section of an economy, and you should perform well in the long run. In 10 to 20 years, the market will be high, and much higher in 30. A corporation with no debt is nearly hard to bankrupt. Canada accounts for around 3% of the worldwide market, the United States for about 50%, and the rest of the world accounts for 47%. First and foremost, pay yourself. It is time in the market, not market timing. With the help of my FA Emily Lois Parker, I remain at the top of the market. Pigs are butchered while bulls and bears gain money. - a few insightful words
Thank you; this was really worth reading, as investors may resist making judgments for fear of regret. This can lead to inertia, in which people cling onto funds rather than invest for fear of making a bad mistake.
Wow, great performance in 2023. Congrats! Break down the Wall Street doors.
Thanks for sharing, I just looked her up on the web because this is equally important to me, and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Marina Carolina Nice is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.
Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?
I wholeheartedly agree, which is why I choose to delegate my daily investment decisions to a coach. Their specialised knowledge, research, and risk management skills make it challenging for them to underperform. They focus on utilising risk for its asymmetrical potential while mitigating downsides. I've been with my investment coach for over two years and have earned over a quarter-million dollars.
Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional investment coach
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.
Finding financial advisors like Colleen Janie Towe, 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 greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Colleen up and send her a message. You've truly motivated me. God's blessings on you.
I’m so glad I didn’t really make any big mistakes when I started my investment journey last year. So far I’ve just been sticking small amounts of money into companies I’m sure will continue to exist for the next five years and if the stocks do well, I hold on. If not, I reinvest the bad ones into the good ones so I can get higher gains. I gained about $9.5k from putting in $4k into NVIDIA earlier this year so that was pretty nice.
The 1% of rich people think of how to invest their money to increase their wealth during the recession. While 99% of struggling hard-luck people think of how to survive without food and daily necessities in the recession and the coming hyperinflation.
How can I join in? I will be happy growing my money while giving a few of it away to charity giving back is a good as receiving.
I've also been working with Natalie Lynn Fisk, I started my first stock in Feb 21, 2022 I noticed the market went down the whole year so now I’m up a lot of money endless we go back to the October lows I will keep putting more stocks super excited for 2024 the payoff will be great
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Natalie Lynn Fisk turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
Thank you for this tip. it was easy to find your mentor. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé
No flex at all mate - you run a great channel with lots of interesting and useful info. Success inspires success, for those who are looking for it. Wishing you a great 2024!
Thank you bro! Have a good holiday period! I appreciate the kind words 👍
As long as you are a good bloke (which you are), there is much value for us in sharing your story, financials, past- and future performance. We are watching you for your content and this is certainly part of this whole journey! There is much to take away for personal success so don't worry and keep doing this amazing stuff!
Hey guys, if you're interested in registering your interest in our 6-week beginners course (including 5 live calls with me), please join the waitlist here:
newmoney.myflodesk.com/learnlive
Please get in quick as it will be first in, first served!
In 2024, I think we'll start to see more market diversification. I'm hoping to invest about $350,000 from a recent home sale into the financial markets for small caps, but I'm not sure how rates will effect the market just yet, which worries me a lot. But i'm very positive to make millions in 2024
Small-Caps are poised to perform better in the coming year despite Fed actions with rates to make investors worried. you should look into which the Best Small-Caps Stocks to position into.
@@AlbatKobeIf you managed to be in the red after investing 2020-2023 you honestly should stop investing or definitely do some research untill you‘re educated better
Amazing info, It's no longer a story that the world is experiencing a global economic downturn, I'm so happy that I've been receiving $64,000 from my $15,000 investment every 14 days.
I'm impressed with the thoroughness and professionalism exhibited by this great woman Victoria Anne Leonard, particularly her depth of knowledge, focus, integrity, and attention to detail make us very comfortable doing massive and successful investment with her!!
You all should also know that a good capital is the most important key to trading, if you really want to make good cash out of it.
This isn't the first time I've seen her name on social platform. I think her good reputation speaks for her, thank you for the recommendation I just contacted her
most people don't know that trading is the best step to growing more income aside the fact that it's fast.. it's also very legal and can make you a millionaire in just one night.
Your right Ma'am investing is easier with proper guidance, especially from a professional, it really helps to reduce the chances of incurring losses.
So awesome to see how far you’ve come mate! All the best for 2024 and beyond!
Amazing im so happy that you will keep sharing your stuff, I think it makes this change channel even more valuable. Keep it up and I never had the impression that you were boasting, your success brings joy to us!
Thank you Julian! I appreciate the kind words 🙂
Fear of missing out is driving me nuts. Most folks think rate cut is good for the market and economy, while some say its only a propaganda. Im 55 and Ive set asides $300k to invest for better retirement, but undecided if to hold cash still, or get fully invested.
If you're looking for safety and guaranteed returns, short-term view of the stock market may not be the ideal way to arrive at an investment decision. Advisors can help with long-term financial plans to meet your financial goals
Agreed, instead of following rumors or a hearsay, I adopted the service of a CFP early 2020 amid covid-outbreak and so far, I've attained my most significant financial milestone, barely 15% short of $1m after subsequent investments.
your financial planner is remarkable! how can I get in touch please, if this is not much i'm asking? I have been managing my portfolio for a few years now, but nothing seems to improve
I take guidance from a Pennsylvania-based certified planner ''Theresa Leigh Detrick'' she's quite a sought-after financial representative and handles clients portfolio from different parts of the world, simply research her.
excellent share, curiously pasted Theresa Leigh Detrick on the web and at once came across her consulting page, was able to schedule a call session via her contact form.. thanks for putting this out
Thanks for sharing!
Always interesting to know how entrepreneurs plan and make their decisions.
Do you plan to do a deep dive on your stock portfolio? I mean which names and why? That would be cool 🙂
Im a subscriber and an earlier riser in Austin TX. I get the dings rather consistently when you drop new stuff, usually in the morning here. This was a good video. Didn’t see boasting at all, just some nice transparency on how you run things. Happy for the success you’ve had. I think I started following in 2019 and it’s been cool to see the gradual progression over the years. Would love to see a video specifically on the lag effect of rates. Before it’s too late 😉. 🙏🏽
Thanks Nathan!
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart
I'm surprised you know her. I've been making a lot of profits investing with her for a few months now.
Michelle Stewart changed my life because of the high profits I got from investing with her.
You invest with Michelle Stewart too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
All of your success is well deserved! Great job, Brandon.
Thank you, Mike!
Thank you for being so open about both the good and the bad. Great to hear you're doing well!
Been watching your channel for years. Well done mate. Deserved success. Will probably look into your courses in the new year. Keep up the great work 👍🏼
Thank you for this vid! I really appreciate how open you are especially with youtube revenue! 🎉
Always quality content!
We watch all your videos and this was probably the most authentic one you’ve ever made. Great job man! All the click bait financial advice from fake investing CZcamsrs have ruined financial education on the platform. Just keep being authentic and trying to help people and you’ll be more successful than you ever imagined. All the best in 2024 brother.
Thank you so much! They are beyond kind words, I really appreciate it! 🙂
Mate, will continue to watch every video you put out! Thank you and keep going!
thank u for ur transparency
Such a cool video. Well done for sharing and I love the casual format
Thanks Brandon, this was a brilliant video, loved the honesty and great to know what’s happens behind the scenes. I’m also a listener of the podcast and enjoy your insights and banter. Best wishes for 2024!
Appreciate the transparency
Great video, Love the personal content!
Congratulations on your successful launch on New Money Education!
The only thing that bothers me from this channel, and it's not your fault, is all the scammy comments where you can't even have people's opinions which is a big part of how I consume content.
It's the case with any finance channel really which is a shame.
Great video. I like the honesty and humbleness. Thanks for sharing and good luck on your goals.
Amazing video! Congrats to you and the team!
Love this style of video !
I appreciate this candid style of video. Thanks for sharing
Well done 🤩👏🏻
Love the videos you make.
Keep going
🙌 from danmark🇩🇰
Thanks for sharing, good luck with NME and the other ventures.
Your informal videos are the best.
thanks Brandon for sharing this, its nice to continue to be part of your journey and your sucess is inspiration to me, to continue to push hard on my own business. Keep up the great work amd your honesty
Thanks for the update! And loving the more personal video 🎉
Love the transparency 🤝
Thanks for the open honest presentation and good look with the plans for 2024.
Great video! As usual 💪🏼
Brandon - great to see how successful you have been. You deserve it 100% :)
Congratulations! I've learned the same lesson in e-commerce, that we are completely reliant on our platforms and we need to factor this in as a business risk. And put mitigation in place.
This was an awesome video, B!
Don't see it as bragging, see it as providing motivation! Nice work!
Great video. I like the honesty and humbleness. Thanks for sharing
any recommended books that are a good financial read ?
Super interesting, thanks for the update and congrats on your success!
Great stuff mate, keep up the grind.
Always appreciate transparency. Best of luck in 24, my friend.
Enjoyed this video and the transparency about the challenges you faced too, 2024 seems like it’s set up for big success with the new money education 👍 Keen for more of these videos into future.
I respect you a lot ! And appreciate you
Crushing it as always mate. Well done!
Congratulations, all best wishes to you and the team for 2024 and beyond :)
Enjoyed everybit of your youtube content creation last number of years,, hope lobg may it continue👍
I love how open you are with the channel Brandon. Congratulations my guy
Congrats mate, glad to hear new money education is doing so well, I really enjoy these more personel videos I find them very interesting
Cheers Neil! I hope you’re doing well brother, and fingers crossed you get some time off over Christmas!
Love the honesty
Bonjour de Montréal! J’adore ta chaîne, n’hésite pas à partager tes succès car c’est inspirant. Bravo, et Joyeuses Fêtes! Cheers!
Big like to the video and the honesty and transparency.
Thanks Brandon, nice video
Enjoyed the video. Thanks for your hard work.
You follow this page on Facebook too ? convenient to reach
very good job, Brandon. congratulations! 👍
Delighted for you mate. As the SAS say “he who dares wins”. Keep up the great work.
I always like your channel and I think I always will!
This channel is one of the best financial you tube channels I have found. God knows I spend way too much time watching videos. Your content is well put together with very intelligent thoughts. Not just some guy talking in circles about charts, or their dog, or 1 stock they ride so hard. I watched a video of yours in 2022 of best stocks. Covered some major players in Berkshire Hathaway portfolio. Was solid stuff. Keep up the good work. 2023 was good to me. I grew my wealth allot mostly by luck.
Happy holidays and best wishes for 2024 to everyone.
I've been listening to you and Hamish for years, most underrated Aussie financial youbers on here
I love your videos and your content, i watch ever single one of them. Have you ever considered also talking about the australian market, the australian situation like interest rates, stocks, fixed income etc? Just since you are different than the others, and you do have this advantage, would you consider increasing your content to australia market as well?
Keep up the good work Brandon. We appreciate it. Great insight into your business. I like that you are venturing out and not relying on CZcams solely. Very dangerous in business to rely on one income stream.
Nobody in their right mind would ever take financial advise from people that are NOT successful to some degree. Showing us how you put your advise to practice AND become successful in doing so is an important part of this whole thing, and the main thing that sets you apart from scammers who only sell courses. Nobody could ever accuse you of "flexing" because of that. Keep up the good work!
Sincerely, a subscriber.
Hello Brandon I totally agree, lowering your debt/liability and having peace of mind is one of the best things you can do. Great video and congratulations, the hard work is paying off.
Bonjour de Paris, bon courage pour l'apprentissage du français 😊. Merci pour les vidéos de qualité !
I enjoyed this, it gives insight into running a business. Keep it up!
good on you mate - excellent to see you succeeding!
Great vid! Can you please do an analysis of pro’s and con’s of REIT’s? Apologies if you already have in the past. Thanks
Great video Brandon. I have been missing these videos regarding your personal investing story. Would be great to see your stock portfolio breakdown. Keep up the great work mate!!
Keep up the good work
Good luck on the venture guys
Yes! I miss the super investor video's and deciphering Burry's trade's. Thanks for another great video
Congratulations Brandon on a great year all the best for 2024
Great video and great goals in general mate
Totally want to hear how you are doing and show others how they could also be thinking and planning their futures...
Love the open book honestly mate
Another great video
I’m tempted to join up mate
Thanks for being transparent, and congrats. Your journey is really interesting to me, having myself started a YT investing channel in 2022
Amazing content, man.
Thanks you
I'm happy for your success with New Money Education which you deserved. You are humble and shows integrity which is why I always follow your channel. And you made many useful videos too. 😊
The most honest video in CZcams. Keep pushing
your the best finance youtuber. 100% truth.
transparent and aware of the many distortions of the system where so many are just flexing
I appreciate the kind words!
J'adore ton contenu!! Et j'aime que tu commence à apprendre le français!! Go 2024 Go!!
Hi, Can’t find the new money ed program information. Only the babel promo. Please assist. Thank you.
You're doing a very good job. Keep going!
I want to say that out of all of the financial videos and channels I have found on CZcams throughout this year, New Money has been by far my favorite…. The way you deliver your message is so digestible and clear making it easy for me being new to the world of finance and investing to continue to learn. So for that I want to thank you and the New Money Team.
I would love to continue to seeing videos on super investors, financial news, world news that could affect the investor, business breakdowns, investing breakdowns.
Again thank you.
Next year one of my goals is to become a New Money Student.
You follow this page on Facebook too ?
It does not come across as boasting at all. It is rather inspirational. Keep up the good work!
Your channel is educational which is an asset in itself.