November 13, 2024

44 thoughts on “What Financial Experts Won’t Tell You About Money

  1. So Erika this is my second vid I will be watching with only seeing 3 of your shorts, like Seth was saying. Make meaningful content for a specific ordinance and the one whom it impacts will come.

  2. I hate all the advice about investing. When you buy shares in a company that you're not working for, you're participating in defrauding the people who do work for that company. The dividends paid to you come directly from the gap between the wealth those people create with their work and what they're being paid for it. This might be tolerable if we weren't living in a decades-long wages stagnation, but when people who are working full time are not being paid enough to live on, and corporate profits and dividends go up and up and up, it is unconscionable to choose to be part of the problem.
    Landlording is just as bad. People bring home their inadequate and stagnant wages and fork out obscene quantities just to keep a roof over their heads.
    We need investment options that aren't predatory. I don't know what they are, but we need them.

  3. thank you for the interview, its such conversations that gives us a perspective about finance, I like the concept that there is no one right answer for everybody. I have read the book and it's one of my favourite books. It's amazing that the original target for the book was just a mere 5000 copies. Imagine the book has reached us in Zimbabwe

  4. I made x3 investing most of my money into the stocks of Russian companies soon after the beginning of the war. Basically i bought the dip of the Russian stock market and then it grew up in 2023 tripling my investment. And now most Russian companies came back to paying the dividends and 13% income tax is pretty nice, although a little bit too high for my liking. But the only way to get a cashback on the paid taxes in Russia is if you're a Russian citizen.

  5. Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

  6. To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income particularly on a weekly or monthly basis. That’s the key to living financially stable….

  7. I’ve been in the investment world my whole career and reading Morgan’s book for the fourth time. It’s a great read to get you to think about money and growing it without all the noise.

  8. Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

  9. I would disagree on guaranteeing results. Look at Pfizer and Moderna returns. Once you capture a regulatory body and use the coercion to force the general public to take your experimental product line not a vaccine your profits are guaranteed! If anyone objects call them a “antivaxxer” or “conspiracy theorists” or a”Nazi”. Once you can force people into obedience and force them to take your product or lose their job your profits will skyrocket. With the right combination of mass censorship, media cancellations, propaganda, gaslighting and misinformation you can corner any market. It certainly beats putting a gun to people’s heads but has the same results.

  10. He said 15 years ago you had to put on a suit and go talk with someone to invest. That is not correct. I've been investing through Vanguard for well over 20 years – and could have been investing with them well before that. Just sayin' that was a red flag. Maybe since he's so much younger than me he's not aware of how long regular individuals have been able to invest with these big investment houses. Otherwise, I generally do like his advice and I have also (mostly) followed his strategy of index investment over the long haul.

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