Financial Advisor Answers Money Questions From Twitter Tech Support
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Date: 2022-09-22
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Comments and reviews: 14
Boringpenguin
8: 24 Could not agree more on this. Passive investment is the way to go for most of us, you are simply not smart enough to beat the market. Even if you are, as a retail investor you still don't have the time and capital to compete with the absurd amount of hedge funds out there. They recuit the smartest, brightest PhDs in the world to try to beat everyone else, and they are all being PAID to do so. And you know what? Most of them can't even consistently beat the market benchmark despite all this. If you still think you stand a chance, good luck.
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8: 24 Could not agree more on this. Passive investment is the way to go for most of us, you are simply not smart enough to beat the market. Even if you are, as a retail investor you still don't have the time and capital to compete with the absurd amount of hedge funds out there. They recuit the smartest, brightest PhDs in the world to try to beat everyone else, and they are all being PAID to do so. And you know what? Most of them can't even consistently beat the market benchmark despite all this. If you still think you stand a chance, good luck.
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khari
I love being educated in a way that makes topics comfortable and easy to understand.
I ve always had a personal problem with being money motivated or having a hustler s mentality. But I m super creative and smart so I feel obligated to try and monetize myself and become more business minded
I m just an artist at the end of the day
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I love being educated in a way that makes topics comfortable and easy to understand.
I ve always had a personal problem with being money motivated or having a hustler s mentality. But I m super creative and smart so I feel obligated to try and monetize myself and become more business minded
I m just an artist at the end of the day
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EmperorSmith
It's actually pretty disgusting the way america has commodified it's educational system into a capitalist transactional return on investment, rather than valuing education for educations sake and the betterment of oneself.
You people need a little socialism. My uni education was free.
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It's actually pretty disgusting the way america has commodified it's educational system into a capitalist transactional return on investment, rather than valuing education for educations sake and the betterment of oneself.
You people need a little socialism. My uni education was free.
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Mark
Yes, Robert Reich. the former Secretary of Labor for the US. I'm sure he needs to ask financial questions to a relatively unknown, but knowledgeable Financial Advisor. Oh you mean it's just a way for him to make a political statement. Seriously Wired, you're undermining your own show with this.
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Yes, Robert Reich. the former Secretary of Labor for the US. I'm sure he needs to ask financial questions to a relatively unknown, but knowledgeable Financial Advisor. Oh you mean it's just a way for him to make a political statement. Seriously Wired, you're undermining your own show with this.
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Justin
If people need someone who talks like a South Park character to give you money tips. you've got a long way to go. It's the same thing as people who need motivational books.
You're the people not doing the thing and just reading about the thing.
Which btw. is how HE makes money.
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If people need someone who talks like a South Park character to give you money tips. you've got a long way to go. It's the same thing as people who need motivational books.
You're the people not doing the thing and just reading about the thing.
Which btw. is how HE makes money.
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education
Young people. Invest in Roth IRA now! It is post tax (unlike most 401k s. However, your taxes are likely as low as they will ever be. This money will grow tax free and withdrawals are also tax free (subject to certain terms. Learn about the Roth - you won t regret it.
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Young people. Invest in Roth IRA now! It is post tax (unlike most 401k s. However, your taxes are likely as low as they will ever be. This money will grow tax free and withdrawals are also tax free (subject to certain terms. Learn about the Roth - you won t regret it.
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Mad
You ever notice that every time someone gives financial advice they assume you actually have money. And the number one problem people have when it comes to finances is just not getting paid. I would love to see practical advice for broke people and not this bull crap.
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You ever notice that every time someone gives financial advice they assume you actually have money. And the number one problem people have when it comes to finances is just not getting paid. I would love to see practical advice for broke people and not this bull crap.
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Maryam
Can we have a Part 2, please? Personally, it is difficult for me to grasp finance in general but this man here made a mammoth subject feel easy with his quick, simple and easily digestible financial advice. MORE, PLEASE AND THANK YOU!
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Can we have a Part 2, please? Personally, it is difficult for me to grasp finance in general but this man here made a mammoth subject feel easy with his quick, simple and easily digestible financial advice. MORE, PLEASE AND THANK YOU!
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education
This man explains really really well. As someone who's not even a bit interested in finances, I watched the whole thing. Now I'm thinking of using my money more and getting up to speed with money like everyone around me.
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This man explains really really well. As someone who's not even a bit interested in finances, I watched the whole thing. Now I'm thinking of using my money more and getting up to speed with money like everyone around me.
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Elora
This man explains really really well. As someone who's not even a bit interested in finances, I watched the whole thing. Now I'm thinking of using my money more and getting up to speed with money like everyone around me.
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This man explains really really well. As someone who's not even a bit interested in finances, I watched the whole thing. Now I'm thinking of using my money more and getting up to speed with money like everyone around me.
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09blackcobaltss
Gotta bring this guy back he did great explaining things. But i wish someone would have asked him about winning the lottery and how to go about investing/saving or getting the best tax breaks on it.
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Gotta bring this guy back he did great explaining things. But i wish someone would have asked him about winning the lottery and how to go about investing/saving or getting the best tax breaks on it.
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ramela
How about getting a heterodox economist like Mark Blyth or Gary Stevenson to explain why this guys explanation of inflation does not apply to what is currently happening?
Make it Economics Support.
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How about getting a heterodox economist like Mark Blyth or Gary Stevenson to explain why this guys explanation of inflation does not apply to what is currently happening?
Make it Economics Support.
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Mad
Yeah 50 30 20 is a standard budget. That's been true since my freaking parents were in grade school. My question to you is what do you do when roughly 90% of your income is household expenses.
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Yeah 50 30 20 is a standard budget. That's been true since my freaking parents were in grade school. My question to you is what do you do when roughly 90% of your income is household expenses.
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holycrapchris
Minor tweak on the treasury bonds answer: the government doesn't need to collect taxes to pay the interest on bonds. They can just sell more bonds to make current interest payments.
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Minor tweak on the treasury bonds answer: the government doesn't need to collect taxes to pay the interest on bonds. They can just sell more bonds to make current interest payments.
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