What's inflation and how it's affecting your net worth... STAY AWAY FROM CASH | Patreon Exclusive
Added 2021-07-07 11:57:10 +0000 UTCThis video is a Patreon exclusive and NOT TO BE SHARED. I appreciate you all. If you have any questions, please reach out to me.
Comments
Fire content 🔥🔥🔥
Jitt From 305
2024-04-04 12:46:20 +0000 UTCToo much sauce...
Robert Whitehead
2023-12-31 17:04:05 +0000 UTCCatching up on content, I love it!
JEREMY THORNTON
2022-05-08 15:52:49 +0000 UTCThanks for making this content
Andre Jenkins
2022-02-03 01:41:58 +0000 UTCThis video gave me the push I needed to start investing vs having my money sit in the bank!!
Gemini Thoughts
2021-11-05 18:46:06 +0000 UTCAnton, you're the reason I decided to pull my savings out and put it into crypto and investing accounts. Appreciate you!
Shelly Ro (Beautiful Disaster)
2021-10-30 19:11:10 +0000 UTCThanks for the info. That makes sense.
Deus Ex Machina
2021-10-12 14:56:01 +0000 UTCUnless you qualify for early distribution exemptions (age or other circumstances), there'd be a penalty for withdrawing from most (if not all) retirement accounts. Therefore, their liquidity comes at a higher cost relative to individual brokerage accounts. So in most cases, stock investments you want to remain liquid would be best placed in an individual brokerage account over a retirement account. See here for early withdrawal retirement account exemptions: https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-tax-on-early-distributions
Jamique James
2021-10-12 13:17:21 +0000 UTCFirst time learning about inflation I feel like I been getting robbed 😑
Eugene Celistan
2021-09-25 22:09:28 +0000 UTCReally insightful. I stopped holding cash back in 2016 when I moved everything into crypto aside from what I needed to pay living expenses.
Raymond Brown
2021-09-02 00:42:35 +0000 UTCInflation is on the rise and is here to stay no matter what the fed says they will have to raise rates
michael carter
2021-08-15 15:32:01 +0000 UTCIf you need your money to be liquid, does that mean you are investing it into an individual brokerage or retirement accounts like a traditional IRA or Roth IRA?
Deus Ex Machina
2021-08-12 21:44:36 +0000 UTCI would try to diversify and include indexes that track the SP 500 and total market like FNILX and FZROX.
Deus Ex Machina
2021-08-12 20:54:30 +0000 UTCI get that FDVV is an ETF, so by it's nature it's somewhat 'diversified,' but the idea of having it ALL in only one fund would make me uneasy. What's your thought @Anton Daniels?
Amanda (Adorkable)
2021-07-19 21:32:06 +0000 UTCThanks Anton! Just sharing my tactic. I do ALL my finances and investing thru Fidelity. All of my short and long-term funds and Roth IRA are invested in fund, FDVV. I'm getting an average return of 7-8% to date. I have a brokerage/checking account I use to pay my bills that I keep a buffer of $1k in, in case I need cash. If an emergency comes up, I cover it with my Fidelity Visa, and if needed, I will sell a portion of my FDVV from short-term emergency fund to cover the expense. But this has not happened yet, thankfully. Over the next few months, I budget in to build that emergency fund back up. Also, I get 2% cash back on all my purchases with the Fidelity Visa.
Ira McMillan
2021-07-07 15:36:09 +0000 UTCThe only way I can talk to you anytime is on masterclass? Because I cant make the livestreams. If that's the case can you put me on the list. I just need a month.lool
The BucketMan J
2021-07-07 15:20:03 +0000 UTCI cant pull my money out fast enough in the stocks. Or can I?
The BucketMan J
2021-07-07 15:16:43 +0000 UTCSo is stock market like a bank?
The BucketMan J
2021-07-07 15:15:55 +0000 UTCWell, I answered my own question!... glad to finally tap in
Raziqilm EIB Worldwide
2021-07-07 14:35:53 +0000 UTCGreat information about inflation. It's really a shame that more people do not understand this concept. Thanks for the knowledge, will be sharing the patreon with others so they can learn too!
Adeniyi Kukoyi
2021-07-07 13:49:39 +0000 UTCI'm assuming I can lock you in on the patreon app?
Raziqilm EIB Worldwide
2021-07-07 13:44:41 +0000 UTC
