Відео

They always say invest but if you don’t know what to invest in, you should just get a saving account. Unless you’re going to tell me what to invest in to get that 7% which I doubt you would because it’s a gamble. Yeah a HYSA might have a slight lower gain but at least you know it’s going to be in the negative. This is just trying to keep up with inflation not to get rich.

Warren Buffet says that most money managers with expenses underperform the market. He says that he knows some who do but very few. Money managers are good for those who are either too busy or too lazy to look at their own money. Some people find it scary and hard to understand. I think Investing in the indexes is always a good idea over the long haul.

Freedom

You didn't mention 🐕 pets.

High Yield Savings accounts and CD ladders locked in at 4-5% are much better options than a traditional savings or checking earning 1%. Even a money market fund like SPAXX earns 4.97% currently with minimal risk.

Great content! Answered so many questions. Thank you for teaching this. It’s so important for people to understand. Generational wealth is something we all have access to. Thank you.

Hi Tiffany, I have a Traditional IRA with Vanguard. I was wondering could I transfer money from there into my TSP Roth IRA. Thank you for all your terrific content 👏

Got it Tiffany

Making Sense I have Capital One and Fidelity

I went through cash app now they don't know nothing their just a 3rd party

I sold my stocks with Caesars entertainment and don't how are where to get my money from that

If taking RMDs w rollover IRA are there any potential pitfalls you can see in converting to a Roth?

I actually did put 20% down on FHA loan, and I'm still paying PMI.

I have a lot of priorities : - Having MONEY - Doing my personal project - Vibing Alone and with Family (Sisters and Parents) - Studying 📖 - Being healthy - Laughing 🤣 - Eating good food - Hiking (Alone and with Sisters) - Traveling - Dancing 💃 - Singing 🎤 🎶 - doing Bike 🚲 The list are so long . . . 😂🤣

Its feeeeel. Not fil. J’sayin. ❤😂

It’s called fertilizer

You’re living a great life, Tiffany! Putting FI to its best use with all the time freedom and optionality to do the things you enjoy and find meaningful! 👏🏻

Soil, not dirt.

I have missed seeing you here. You've helped me so much with getting my finances in order. Good to hear that you're doing good and getting a much needed break. I'm a stay at home mom who only works part-time, but my mom and wife duties only end when they're all asleep. 😅 I won't be getting a break anytime soon lol. It's ok, I love them. I'm looking forward to your new videos. Maybe you can share traveling tips, cooking tips or whatever it is that you would love to share! I wish you the best. God bless! 😊🤗

I am getting ready to retire and I want to take time off and visit all the baseball stadiums in Japan

You're back!!!!😊

I have started my UA-cam channel and I am on my third trip around the country

Thanks for watching! 😘 Comment below, what are you spending your time on??👇👇

Looking into transferring funds from one firm to another for $70,000 Roth account. Problem is the administration fee of 2.5% or $1,700 is this customary???

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

Im getting sick in my stomach just thinking about roommates I could stand the constant change of different peopke.i was happiest when i lived alone.

How about Annuity’s? 58 yrs old, and getting 5.5% in a MYGA annuity. No risk at my age✌️

Tiffany, quick question for you. I know youre a fan of single family homes. We currently have a paid for home and have been saving like crazy to purchase a rental property. We are now within sight of purchasing a rental. I was curious why you chose single family homes vs multi-family? Also, what type of single family homes did you seek--fixer uppers, more expensive properties? Just curious what your perspective is.

Dont waste ur time on this nothing vedeo..she will get u in trouble. With the IRS.

I think those rates and dollar ranges are relative to their taxable income, not what they can pull out.

The aggregate interest is paid over a long while. Looking at this amount - obviously large - in one go is like living your entire life in one day. 😊 The “value” in the amount is about the luxury of time. It is like foregoing Starbucks coffee & saving that money & investing in Nvidia to become a millionaire at 12 😊 There are always tradeoffs that comes with mortgage payoff. If that money could be invested risk-free like nowadays at a higher-rate than mortgage-rate, locking that money into a mortgage is not wise. 😊

Great video, thanks for posting.

Paid off one mortgage (on a revenue property) before age 33. Three mortgages to go; total remaining debt is <$115,000!

I was always told by my parents to save save save. A t 36 years old I’m reconsidering. I’m starting to invest besides my 457b into a Roth IRA. Considering on doing a brokerage account later down the line as well

Thank you very much, Tiffany❤

Working with an advisor and looking to switch to a FP instead. After all the fees my returns are less than my index funds and his fees keep growing

Interesting you didn't mention as a Financial Coach how much you charge

Freedom

Investing sooner than later is better

Investing in the stock market sooner than later 💰

Great

Fantastic

What are your thoughts about MLP's or Master Limited Partnerships? They have some tax advantages and usually pay high dividends or distributions.

Freedom

Mindset is everything, financially, spiritually, emotionally, physically including our relationships

Incredibly interesting AND VITAL information . I've managed to do good on my own but a an aquantace of mine convinced me to talk to a F.A. I wasn't convinced & told them I needed to think about it , next thing I know they open an account without my permission . So definitely, I will not be using one ever . I'm doing fine managing my own money.

Figure out how to begin saving something routinely if you aren’t already. Suggested min of 10% of your earnings. More if you are able. Keep doing that until you have 3-12mo of baseline expenses set aside for an income reserve/emergency fund. Also, consider a min of 15% of your income to use to accelerate debt elimination and or invest (buy assets that create income). Once you have your min 10% cash reserves where you want it, add that amount to your debt elimination and or investing. Now you have 25% to buy assets that can begin to supplement and or replace earned income. Use the 75% for expenses and lifestyle choices including saving up for purchases. Pay for things as you go. Do this and you’ll create more options for yourself. You never know when sickness, death of loved one or disability can happen but building these habits can make a difference and boost your confidence to handle the bumps in the road of life. Disciplining yourself to begin to save something is the way forward. It feels good to do something. You’ll troubleshoot and get better and better with solving problems that come your way. There’s joy and true satisfaction in paying your own way and creating your life in this way. God be with you on your journey. Best of wishes!