| Title | : | Millionaires are MADE in recessions. #money #millionaire #recession #investing #finance |
| Lasting | : | 0.59 |
| Date of publication | : | |
| Views | : | 201 rb |
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Thank you ❤😮 Comment from : VERONICA Graves |
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I think if an investment is on 2 million lucrativity we should use half of it to buy a house and rent or start a bussines The market is volatile, so investing half of your money in something more secure and that can give you an monthly income like renting a house is very important Comment from : Rebeca Anderson |
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I actually do invest $350 monthly and I’m a full time college student with just a part time job I’ve saved almost my whole life and worked summers knowing I’d want to invest monthly the second I turned 18 👍 Comment from : Burrito |
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Invest some towards your retirement but not to the point where you absolutely have nothing left for your present self After all, this pandemic taught us that life is unpredictable Lots of healthy and good people died just like that Comment from : Anonymous |
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Could you made tips of investment for people in South America? Comment from : Nat Hoffmann |
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I feel your videos are so direct and so well informed You put everything in simple terms that’s easy to understand, like the other comments, no matter what you say, there will always be people who disagree I really appreciate your transparency I am 35 and consider myself to be very educated and have made smart investments throughout my career, however I still learn from your videos every time It’s important to be humble and give credit where it’s due Comment from : Cindy An |
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I love you Vivian ❤ Keep giving us your awesome great advice Don't listen to the negative comments Comment from : Margie Loya |
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When I got laid off from a full-time job, I would do temporary work to supplement unemployment insurance I discovered that during a RECESSION, there was actually a greater demand for people able to do temporary work, because employers did NOT have to spend money on benefits or vacation pay The temporary workers were like contractors or consultants I also gained a few very valuable work skills and I learned things about work culture from people older than myself 😮 Comment from : SHEILA YOUNG |
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What happens when the banks steal your money because the system collapsed and slowly rebooted? Comment from : Grand Oculus |
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Vivan could I invest when I’m 14? Is it possible I wanna invest but in a safe account where I can’t lose money or something Comment from : Miki |
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Me at 13 watching this: with the advantage that a lot of y’all don’t 👹👹😏brbrHer: if you invest $500 starting from 18 youll have $3m…brbrMe: add 5 extra year to that hun 😂 Comment from : -MunsonHarrington- |
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A women in Germany saved a whole lotta Deutsche Mark right up untill She couldn't buy a loaf of bread with a wheelbarrow full Comment from : Mister Independent |
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Who has $500 a month at age 18? This girl is living in fantasy land Most jobs start at less than $50k, you won’t have $500 for investing till 25-27 to save Comment from : BeadMeCreative |
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21, lol Comment from : Diane Greene |
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First off any highschool kid with a part time can easily have $500 it’s so funny how people will just look for excuses and that 2k in the bank part killed it! Comment from : luis valencia |
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With employer match $500 is not hard these days, walmart matches 6 of wages Not unrealistic at all Comment from : Venom |
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Question is invest in what? Money loses value by the second Comment from : WOT replays |
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Forget those folks Hey, Viv, where's the link to that video? Comment from : Mitzi Kay |
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You can’t help someone who doesn’t want to be helped! This video deserves an award! 😂 Comment from : Andrès Silva |
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I mean RBFF Comment from : Reynaldo Meade |
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Blessings and great info once again, I would like to learn how to invest and invest in stocks with dividends, thank you much and I appreciate it much, let me know please BFF God Bless Comment from : Reynaldo Meade |
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I had $500 a month at the age of 16, because my parents were POOR and made me work!!! Being 18 and not having $500 a month is insane to me brTeach your kids to work people Comment from : Kimberly Mitchell |
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The people who made those comments have zero money, point blank period! Comment from : Kimberly Mitchell |
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"You think the 2000 in our bank account is going to cover it?" Ow ouchies ow 😔 Comment from : H Uare |
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💯 Comment from : Grace T |
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😂 that voice Comment from : April Nicole Samuels |
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can u talk about tbill ladders? or ibonds? Comment from : Laura |
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I’m all ears Sis ✨😼✨ Comment from : Eulrey Harrison |
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Girly how can I actually reach you and not some scammers?? Comment from : Simply Elegant |
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The title does not match the video Comment from : Just Random |
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The problem is not the investmentthe problem is that they want to tax you on money you have not earned The other problem is we are not in a recession we are in a depression already Additionally we are on a one way path to end up like Venezuela, Cuba and Argentina where their currency holds absolutely no value Comment from : Andrea Viola |
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So…I have an 11 y/o who decided she wanted to start investing and last month gave us $20…however, do u know of any funds that allow an investment in that small of an amount? My hubby invests quite a bit for us, but has yet to come across and investment company that allows small investments like what our kids can swing from their allowances Would love to hear any suggestions u might have! Comment from : Becky Dow |
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Another reason it's less likely to happen that way is that there is already too much demand waiting to absorb that regardless of how everyone is panicking and calling the crash Nobody was making this prediction in 2008, at least not the general public, as I indicated below In the other comment, it was mentioned that the ownership rate peaked in 2004 As of today, we are at the median level, having previously peaked in the second quarter of 2020 It decreased by 3 over 4 years, from 2008 to 2012, going from 68 to 65 in the second quarter of 2020 Comment from : Palmers Olga |
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stupid question, but how DO you invest? Comment from : N |
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What are the best investment put those $500 in ? Comment from : Arielle mall |
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Use a mocking tone to reach an audience? Pass Comment from : Corvus Corax |
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Can’t share your video :/ Comment from : pearl_lisha |
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are roth iras something exclusive to the us ? is it a thing in say europe ? Comment from : Emre Eroğlu |
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Hey can make a video for teens about buying life insurance with investment/retirement please Comment from : Zuly G |
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But what 18 year old had a job that’s paying them enough to save $500 a month? When I started college my side job was SAD Comment from : PsychGirl Raven |
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I’m a stay at home mom and now I’m thinking about doing Uber eats or door dash to make an extra $500/month and invest it for my 3 year old son so he’ll have a good safety net by the time he’s 40 Comment from : jess johns |
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Where are we supposed to invest this $500 in? S&P 500? Comment from : Matlin |
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500 a month at 18yo is not realistic Comment from : Jeffrey |
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Honestly most children (age 16) get jobs Most of the time they don’t pay well but, people could still start investing with that amount Comment from : NewGlasses |
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You make sense I have been putting money away for year's Its the smartest thing I ever did Comment from : Erick B president |
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"You think the $2000 in your bank account is going to cover it"smack in the face Comment from : Autobot Diva |
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If I had a clue back in the 80's I would've had a goal to start with Now I can advise my daughter now Thank you! Comment from : Michelle Chaparro |
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Let the naysayers (2 comments) continue to b*tch and complain They’ll still retire poor and on the streets Don’t feel sorry for them! Comment from : Sam |
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I really want to invest but I not living in the US,how things gonna work? Comment from : Norah |
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What if you are not 18 what if you are 50😢 Comment from : annie lin |
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That math doesn't add up Comment from : The VANtastic Pack |
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I wish someone talked to me about money and investing when I was 18… l My son won’t make the same mistakes I’m so glad learning about investing is so much more accessible now Thanks for the channel! Comment from : Mary D |
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How? I live paycheck 2 paycheck on a minimum wage What's the best option for investment Comment from : StarBlitz |
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What do I invest in? Comment from : Leanna |
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Bro no one I'm my family can afford to invest we barley make it with medical cost Comment from : Puppers is Sage |
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I want 3 million in my 30’s who’s gonna give a shit about a 69 year old frail and white and balding Comment from : William Ng |
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How do you what to invest in I’m just starting out and am unsure Comment from : Chloe Foster |
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Yeah anyone who can put 500 aside should but like man my moms 40 and she doesn’t have 500 to put aside each month so the amount who have 500 extra each month is gonna very low (and btw she works a full time salaried job housing and food and everything is stupid expensive) Comment from : Lillian Black |
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Frfr and THOSE EARRINGS!!!! Comment from : Camillyah Real |
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I didn't have that kind of money until my late 30s! Oh well better late than never I guess Love the earrings! Comment from : C Foster |
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I've been investing LITTERAL CHANGE for the last couple of years Like if I have an odd number on a debit card I'd round it up and put in investment account If I set aside some money for a "want" and change my mind or save money on a "need" it goes into investing I haven't put more than 3 dollars at a time but I was consistent and now I feel safe looking at my bank account, in case something happens I have a way to get out of trouble Coming from a 3rd world country where 500 dollars is my salary for 3 months Comment from : Sara L |
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If my daughter tak3s her $2000 in savings & plac3s it in a Roth would that be a great idea Comment from : Miss Johnson |
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I suggest that, going forward, your illustrations are made using an inflation-adjusted rate of return That would cause the calculated wealth that would be accumulated to be in terms of TODAY'S dollars, which everyone can relate to Comment from : Bruce Stiles |
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💪🏽💪🏽💪🏽💪🏽👏🏽👏🏽👏🏽 Comment from : Jeannelle Collins |
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The video content has nothing to do with the title: millionaires are made during recessions Can we have a video about that please? Comment from : Erin Jo Harris |
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Current compound interest it would be 432k, nowhere near 3 million Comment from : Waffle_chair |
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Invest 500 dollars a month ? I know someone that did that and it didn't end so well as ur making it seem to be In fact after 10 years the investment went sour and dude lost all his money I don't hear nobody talking about these risks smh Comment from : j blah |
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How can I make 3million in one year? Comment from : Moshud Oduwade |
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Well my life is over😔😔😔😔! Comment from : Moshud Oduwade |
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Facts 🤣 people are crazy Comment from : THEE HARDPILL 😬💊 |
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Some people don’t understand how hard it is to save for that first 10k-100k to start getting the ball rolling 5 dollars sound like nothing but it will start re-wiring your mind and change your habits to think more about saving and investing and it will be the start of a new life for you and your future family Start early and start small Comment from : S |
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I can't even afford 500 a month and I work in healthcare 🤷🏾♀️ Comment from : 🦋Sasha vontay🦋 |
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Also, if your employer offers matching contributions for retirement funds, Max It Out brIf they match up to 15, input 15 of your salary (if you can afford not seeing that much) You get less in your pocket month to month, but you dont need to worry about putting it aside Especially if you only work part time $500 is half of what i make at my current pt job, after deductions but after 5 yrs with my company i have about 15k in my retirement fund that i can walk away with to reinvest rn in my next retirement plan (looking for my first big girl job at 33) Comment from : liliespetals19 |
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Where can you find anything that has compound interest? Comment from : Anna Garces |
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A book I read said young people say they don’t have anything to invest and have plenty of time, old people say it is too late, and middle age people think they have too much going on And basically everyone is afraid this time is different and they will lose on their investment The only thing that is certain is if you don’t try you won’t advance Comment from : Dave F |
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Should I be investing or paying down my debt faster? Comment from : Matthew Naylor |
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That’s not the proper answer The right answer is if inflation goes up normally your returns will also go up, so instead of three million you may have six million or 10 million, what is true is that in most economies you will be well off Comment from : C Ryan |
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I would say the only case where this is inappropriate is for people who are legitimately living hand-to-mouth, paycheck to paycheck (like I was when I was working retail)brbrBut, if you’re in any situation where you can spare even $5 a month, this stuff DOES help, a lot! Comment from : Samantha Phastine |
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I agree those two comments are not valid If we do get high inflation for long periods of time, more than likely the value of your portfolio would also increase at a higher rate yielding more than $35 M And it may be true that many 18 year olds do not have $500 a month to invest, but if the person in question did not have $500 a month to invest until age 22, all he/she would have to do is work four additional years to get the same results Comment from : Baron Von Calculon |
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Hey I’m super glad I saw this short! I’m 19 right now, and I recently got into investing a couple months ago! I’ve been investing $200 dollars a month into an etf as that’s around 40-50 of how much I make part time, and I’m a full time university student brbrI remember when I started learning about index funds and compound interest, I made the mistake of looking for advice on Reddit 😂 I remember when asking about what etf I should invest in with some basic info about my risk tolerance and all that, half the responses told me that there was no point in saving so little right now, and that it would be better to “invest in myself” brbrWelll I can happily say that I’m both investing in my future and taking advantage of compound interest And sure, while what I’m saving right now is basically nothing in the grand scheme of things, im still glad that I’ve been able to learn how to exercise financial restraint, and not blow money on material goods like I see with a lot of my peers brbrHealthy spending habits are so important y’all and it’s always better to start early so you’re not cleaning up too many messes in the future! Comment from : ilhan yusuf |
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And where should i invest to get compound interest? Comment from : yy gg |
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Hell i invested 3000 and lost 1000 what r u talkin about Comment from : yy gg |
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I love all your video's, however am trying to find similarities between what is easier to invest in the US & how I can practise your video's in my country 🇰🇪 Comment from : Saima Shapi |
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Rather have gold coins than 3m in debt notes Comment from : Well*Thy*One |
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I enjoy your work Vivian😊❤️😊 Comment from : Susan Murphy |
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If you can’t invest $500, at least $100, $50, $25! Something is better than nothing at the end Overall goal is also to have that investing mindset Comment from : BPO |
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most adults are terrible with their finance they could ruin their child's credit and potentially put them into debt by the time they go to college/university horrible advice it's better to teach them the value of hard work and how money work once they're old enough to work part-time they already developed good money habits Comment from : Francois Nguyen |
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What about maybe calculating what saving $100 a month would equal when reaching retirement age? If your message really is about encouraging saving and investment that would make it more accessible to more people and maybe set them on the path to invest more later once they’ve formed the habit 👍🏾 This Youtube algorithm is obviously not getting you your target income demographic but we still need inside info, BFF 🤗 Comment from : K Watson |
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Hey BFF, I’ve never Invested I’m over 40 What can I do now? Comment from : Dreamer |
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People with negative comments are mostly broke and irrelevant Comment from : Tom B |
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Compounding is the most important thing out of all of this That is the whole reason why we need to start as early as possible- making profit off of compounding requires time Extended periods of time Comment from : Charlie |
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I'm nearly 70 I wish someone had taken me in hand & explained this Comment from : wyzolma99 |
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All 4 of my children started investing at 14 when they got their first job Your right early and often is best Comment from : Gail Brown |
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Your earrings take "Slay" to another level Matches the amazing attitude and tips! 💜🔪 Comment from : Victoria Green |
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The earrings!! 🤣🤣 Comment from : Marylène Lépine |
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That comment makes absolutely no sense! 😂 Comment from : Chenais Daily inspiration |
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I see peoples comments on medical bills and disability My mother RIP taught me when she was going through cancer , always have rider policies for Healthcare you never know when a life event will occur she was in the hospital for 30 days and never paid a dime and the money from the rider policy’s like Aflac and voya and Mutual of Omaha her benefits helped pay my expenses to be there for her and brI just was hospitalized my total bill for ER and 4 days $200 because I had additional insurance Comment from : Sharon |
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So what would we invest that in if we wanted to have money for when it’s time to retire I prolly couldn’t afford 500 a month but I’d like to start and like you basically said it gains interest so it’s more than what I would have lol Comment from : Famo 622 |
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