Відео

This turned out to be totally wrong.

I listened to the podcast this interview was really good I listened twice. Had to look at the episode.

Im 72. Trying to get self esteem. I want to have a homestead but family doesn't want it. I can't do it alone. I have written 2 books but just don't know how to get them on Amazon without paying someone. I'm strapped between checks. I just finished raising and dispatching 2 pigs and I'm scared to write about that too. I'd like some extra spending money. I'm not college educated. Just high school. Worked my whole life but helping family members puts a strain on things.

What an amazing person!

Important to note that 457(b) plans cannot be withdrawn from unless you separate from your employer, so the proposed question likely isn't even an option here given that he indicated he was staying with the employer for 10 years.

Annie is wrong about winning a certain $100 against 50% winning 200 or winning nothing. If you play this 1000 times the winnings are a certain $100000. The second option may not be exactly 50% in practice. Maybe 52% and 48% either way. I will take the certain $100000 every time. In the losing scenario - certain $100 loss against losing 50% of $200 or 0 I will take the second option. In a 1000 times experiment again this doesn't have to lose 50/50. It all depends how many times you flip the coin. If it is once take the $100 gain or even take the $100 loss in case $200 loss comes up. In large number of coin flips will consider 50% chance of $200 loss as otherwise it is a certain loss of $100 every time. In once or a 1000 times I will take the $100 certain gain. Avoiding going bankrupt is the criteria here. A bird in hand is worth 10 in the bush. These Nobel Prize winners talk bullcrap sometimes.

Paula is great!! She is so darn gorgeous!!

Someone tell me what that is

My biggest concern is retiring at a time with high inflation. With $500k in investment accounts, I'm afraid that my portfolio might not sustain a long retirement. My fund could deplete from expenses faster than it can recover with returns

I followed your advice and came her first. lol I already knew this would be interesting but I didn't know she was against FIRE. I get her point about something extreme could happen and a person/family might really be big trouble financial but that is not the norm. Most of the other items she mentions should kind of be known and somewhat accounted for like having risky investments, needed a new car or home improvements, sending kids to college. Even at 30 years old, those are obvious things to know and be saving/planning for. I thought it was funny how she said she had people at 50/55 years old come back at 70 years old like oh no I'm running out of money that was bad idea. Why did you let me do that? Suze said I didnt and denied you on my show. Well guess what, that show only ran 13 years or wikipedia has failed me. LOL

Hogan wasnt legit, but Dave wanted to tap into the sophisticated black market by having a guy from Georgetown. Even when Hogan was banging every woman he could, Dave tried to humilate Mrs. Hogan. Very sad and very stupid.

My husband and I were fortunate enough to be able to pay off our mortgage early. We were both still working, and took the payment amount that we had been using to pay off our mortgage faster and we put it straight into investments. We were able to retire early because of almost 7 years of putting away what would have been our mortgage payment as well as maxing out our 401K/403B plans. Thankfully we were taught by both of our parents the value of living within our means. Thank you for your advice. I know it will help people. we are 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?

Which podcast has the listed alternatives you recommend?

3:31 4:01 4:15 Mostly payed in Cash

Great interview. Thank you

As a financial advisor, I can tell you if you do not put money into a 401k or a IRA you will die in poverty or work till you die...

That is so out of touch the average person will not earn 10 million in a lifetime of working. So why would they need that much in retirement?

I think it's 85% of your social security benefit that would be taxed, not 85% taxation on your social security.

Mr. Ken Honda I' am Nepal, My Dream is, I' want to save the village of Japan village of India and village of Nepal... To start this project I' need a $500 millions dollars, Do you have a solution to collect this $500 millions dollars? Please 🙏🙌 Prayer for my Orphanage home Childrens and my project and also necessary financial condition in the LORD Jesus almighty Name AMEN 🙏🙌❣️❤️❣️ Arigatto ❤

I appreciate these tips and discussions. However, there is more than the mathematical aspect of debt to consider: e.g., stress, risks, and costs. As long as there is debt on a home or other asset, the lender controls it ultimately and can take it from you during a period of crisis. Debt-free homes, assets and investments have no risks or expenses related to debt and are yours to keep forever.

God damn, I am so fired up now! This is the best movie I’ve seen in a while

Geez 15 minutes for the first question? A bit much

Got me at the opening. My wife and i didnt get any student loans, but ran up creeit cards during the time we put the kids through school. We should have done student loans instead of fooling ourselves. Im in school again with a grant and just applied for $25k to pay off old CC spending.

Just realized that you're on UA-cam. So cool to see both of your faces. ❤ Ive been listening for 5 years and just surpassed $140k net worth. Keep up the great work!

Excellent, Excellent Interview, Paula & Jason is a great guest -- I really appreciate all his advice and insights!

Yay ❤ Glad to finally see this collab

If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

Such an important message 👏🏻

The borrower is slave to the lender

Guys debt is always mentond as a bad thing in the bible

Cool idea and I'm definitely interested in it for myself, but that concept is definitionally _NOT_ indexing. You are inherently taking an active position and it's important to realize that going in.

One interesting variable to consider, however is the expected returns of one's holdings. If you can *grow* money, there is an advantage to getting it earlier, even if the figure in dollars is less. Warren Buffett may want to file early, for example, because those earlier flows are comparatively more valuable in his hands if that makes sense. May be a relevant consideration for much of the viewership here.

That distinction on step 7 is really key and I think what people don't think about it. I would put that in step 8 as well I think. You can have your house paid off and whatever, smashing out 20% to retirement but its still good to make sure you have the emergency fund and cash for other things outside of that like a car or home repairs/remodels etc. Hard to really know or estimate but very crucial to planning for sure as you go.

Hang on, we can't just be happy for someone else's success because we genuinely want to see them succeed? For example, I have a very good friend who has been a struggling actor for many years. Recently, he landed a big role and has been thriving both emotionally and financially. I have no desire to be an actor, I am just genuinely excited for his success.

Yea my wife after i slapped her was scared i might slap her again. I told her its just recency bias and shes overweighting the probability

Idk, getting a _guaranteed_ 7%+ return by paying down a modern mortgage doesn't sound like a terrible foundation to me.

working remotely is great IF you have the skills - not everyone is employed in a profession that lends itself to remote work.

My partner just got a large inheritance from his mom. He put all of it in savings. Meanwhile, the rest of us, are in the negative in our bank accounts, we are drowning in debt and I have to skip meals just so our son can have something to eat or new clothes. He has a lot of money invested and saved, which is great and he should have, but we need food too. Our son needs new clothes, we have bills to pay. Meanwhile, I have to sell everything I own and empty out my savings to make sure we at least have a roof over our heads. I spent my inheritance on the down-payment on our home. He spent his "for future emergencies". That future just isn't today.

Maybe ppls situations are different and 16 months of a horrible settlement leaving me sit and wait for the last 7 months with nothing, no water, no power, no ppl. It's overdue. The hired Notary by the family in law is doing everything to refrain from sharing my designated portion. My late dad urged me to move frwrd and buy bk an acre of land. (He couldn't help while he was alive)

I needed this advice 4 years ago 😅

here are some safe options 1) pay off the mortagage (i literally picked my LIP to be based on the value of a mortgage.) 2) pay off all debts 3) READ and learn a lot about real estate, and rental property. in short, use it to MAKE money or pay off debts. dont use it for personal gain. but number one thing to do, is pay for the deceased loved one's funeral. exit: i fixed "rent a property " to "rental property"

I mean do nothing is terrible advice. At least put it in a high yield savings or t bonds...

man I miss Chris Hogan. I would listen every time he was on the ramsey show