There is a clear order to maximize your investing in 2024 and this video explains it all. This is the best video for beginners to save the most money in 2024. Where and how to invest in the best order along with ROTH IRA, HSA, Brokerage, ETF investing and more!
#etfinvesting #rothira #investingforbeginners
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0:00 – Best order in investing your money
0:18 – First step in investing your money for optimal success
1:23 – 401k Match Explained QUICK (Secret to FREE money!)
2:08 – Which debt should I pay off?
2:57 – How to pay off your credit card in HALF THE TIME
4:07 – DON’T DO THIS MISTAKE
4:57 – ROTH IRA explained FULLY
6:05 – Contribute just $30,000 and receive over $1,300,000 TAX FREE!!
7:34 – ROTH IRA income limits for 2022 and 2023 UPDATED
9:19 – Step 5: Health Savings Account – Triple Tax Benefit
10:13 – Next step: HOT TAKE
12:49 – Millionaire Retirement Account
13:48 – Pay off the next debts
14:51 – Investing in Cash Flow PASSIVE INCOME: Real Estate Investing and Dividends
16:51 – Pay off Mortgage
17:16 – Why I’m not paying off my mortgage fast
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Prof. G, WOW!!! This is the best financial advice 18 minutes video I have ever watched. I think every young and old investor should watch and understand the content. Where were you when I started investing over 30 years ago? 😀😂. Nicely done! Bravo 👏👏👏👏
Thank you for giving us all this knowledge! Coming from a home where money and investments were non existent these videos are very helpful for a 25 year old mom of two. I refuse to NOT set my family up for success..
Great video. My favorite stocks which I also have large positions in are: O, PM, LMT, XOM, ABBV. Favorite ETFs, JEPI and SCHD. My strategy even as I am retired, use the dividends to live off and distribute what is left from dividends in each position.
Where do I get an HSA account? Thank you!
Check with the credit card bros before opening one credit card to pay off another. My pops had this idea but the one he opened (in fine print) they didn't offer the 0% that was advertised to transfer from another card(s). Ask the questions before agreeing Kings!
HD, AGNC
Still continue to check myself against your advice, which is easy to understand (thankfully)!!! Now that we're in December, if we have a chunk of money set aside for investing (rollover fund from former IRA), do we wait until the end of Dec, literally? Or is January the time to buy (not knowing the stock market cycles as well as investors)?
23 newly married and currently debt free trying to learn as much about financial freedom as I can whilst putting money monthly into a Roth and our 401ks.
Hi all, I’m torn between investing more on my 401k past the match and only doing the match and investing more into Roth IRA. The books I read and videos I watch are saying two different things when it comes to this. Help?
Professor G, so SCHD would be a safe bet for the brokerage account or would you suggest a 3 fund portfolio here? I already invest fully into my Roth IRA to the max.
Regarding number 10. Does your conclusion account for the interest payments you'd still be accruing on the mortgage while your extra payments are going to the brokerage account? Wouldn't it be better to pay off the home early and apply the extra payment AND the mortgage payment you'd no longer be paying to your ETFs at that point?
How do I invest $1000/month in S&P 500, when the maximum contribution amount is 7000/yr? I’m confused 😢
I'd do 401K over Roth unless I expect my income to be higher in retirement than it is today. You still need to invest the money you save today by investing in an IRA/401K vs a Roth.
I want this man 😍
Great advice!
Enjoying all your vidoes! Wish I found you sooner!!
Thank you for the knowledge in this video. I wanted to ask the difference about some account. I max a Roth IRA with M1 Finance. Isn’t M1 Finance a brokerage account or am I mis understanding.
Silly goose
My employer doesn’t offer a 401k match, should I overgo that step & focus on Roth IRA??
Charles Schwab does not have fractional investments in ETFs
My favorite stocks are PepsiCo and Mastercard
Dont agree!!! You have to have 3-6 month emergency fund if you lose the job and cant get another one.Then rest is ok.
Hi prof, what do u think about investing in crypto in 2024?
Thanks Professor G! 60 years old and happen to have all 10 items checked off including no mortgage. Looking to expand portfolio with more tax friendly passive income investments.