א יוד לעיבט מיט א חשבון Don’t spend money that you don’t have and save for what you need

[Music] um in in stage um bring life insurance Greer height so the in so living responsible this is compounding interest compounding interest so so responsibilities of the shelves mentioned was am the minimum payment credit cards in 22% between 22 28% [Music] rib in minimum the minimum $250 minimum can't spend so interest is this is eight wonder of the world for for forli 128 256 512,000 2000 4,000 8,000 [Music] 16,000 trillion I'm sorry this is the power interest power unfortunately so companies so S&P 500 life insurance agent financial advisor begin a it's a big numbers a big big big numbers okay5 day for five days a week the market the companies in America in America the the country of the world in history of $10 10% rate 20 years hype to zero 20 $25 Edition weekly the beginning it's mindling okay next page like all right oh that's right but but but um so the excuses as a sign of failure someone that is successful does not have excuses so there's no excuses just mindling 253,000 way more than zero way more than zero have you invested in the market for automatically account and never looked account wow if this works I have to share it to everybody so so the page plan it's got a baby lowy huh yeah yeah yeah yeah so saving $25,000 a on the top the results are in 70 $289 for 13 years will get you $25,000 10 which is $25000 morgage it must be a bill that you got to payes mortgage whatever it is you have to set it up and if you don't build a bridge to get off it diamond fory coffee shop so take it very serious complicated extremely extremely simple H accounts online the computer in the office filters filters their programs download app Fidelity or the online fidelity.com or the vanguard.com Fidelity is the easiest is also very good the problem American company [Music] service phone email whatever so is also for the gambling simple stuff plain simple simple stuff mention when it to Fidelity first of all bank account account L bank account HP Investments week tring multiple soly no fin F manager when ivv when thep straight right 401 kind of Services most companies most companies is the easiest to trade to set up automatic trading and the cas Co ETFs funds the do stick to certain Chase offet automatic trading nor of certain mutual funds um and Vanguard accounts Vanguard certain mutual funds automatic trading but not as flexible as those they easy so S&P do many different funds in the S&P 500 S&P 500 S&P 500 is a is a a group companies by [Music] way L Lon inv in apartment buildings in Lon companies iner certain criter certain funds as a manager around S&P 500 do companies fun managers Vanguard Fidelity Charles Schwab tons of fund managers compies F manager spread the percent of spread manager so you do research any of the funds you'll get Shar companies is on majority Holdings so companies certain funds so the S&P 500 funds Vanguard funds spy Vanguard funds are ETF um for for for the S&P 500 the most the most moderate one was a well balanc is the vo which is straight huh might ETF okay ETF is is is a is a is a is a f was left of the stock markets mut fund Market FS so vo ETF versus S&P 500 basic v g by the end F letter by the end indic for the growth funds compies comp compies value companies is V grow company value company Coca-Cola is a value company poales other Nidia other all the re companies technology ear crazy numbers the dollar the so is real estate there is in Amazon there is a there is a there is a in a financial basically a gambling gambling the gambles Mar I will really really do not advise anybody to buy physical stocks from mutual fund which is guaranteed guaranteed yes is guaranteed say Ki their [Music] pick individual Market corre system NASDAQ New York Stock Exchange all the exchanges American exchanges for the 500 strongest companies in a loow vis the ups and downs in these companies that day G numers do this is a chart this are charts from S&P 500 in the past 20 years okay so the beginning the 2000 so short term the risk isoss is short term for long term that's exactly Point okay pictur 22 22 22 whoops 22 okay but name but it shows you shows you the the flow Okay so invested okay when Market on when you're in the good the good run of the market and the average Mar 2 so you have way more even on a down Market you have way more than not having anything simple online feel comfortable well the main point is is first as you get older S&P 500 this is 100% guaranteed so act so so this is the contributions the tax so call the taxes so so taxes better and B and better by the way as the years go on the hype over the level from Tex the so so the the best way to do it is a custodian account for one reason the income REM us of the ks no no [Music] was I I I don't know why companies go public and why they have to have it fully fully the market I don't like to give facts and stuff that I don't know I can give you facts and stuff that I know the the bottom line is the bottom line is forey tax tax help for the country for the and the main point is you take a long sum at the beginning interest is the the power of interest in in the time and and and you should really take it serious this is one of your most valuable sh lifetime the power Penny the power dollar account okay huh it's all right it's okay it's okay BL inside million get to that so so finish finish the life insurance part because life insurance is the main part one of the main parts so to sum to sum up that that that whatever istic expenses and they cannot afford it so retirement chart Ro Ira the sh sheet starting at age 25 starting at age 35 starting at age 30,2 a year yeah is in the fonts in the S&P 500 because those index the main thing is index in a single company the most powerful company in the world which was yeah sure okay companies F managers 35 he retires by 65 he ends up1 half million to the bottom chart the number the difference million one and a half million okay true but make it your priori makei in the problem and the solution and that's why I'm here to tell you how cut somewhere else no no no homeless Manion okay homeless so the solution cookie cut solution the solution is I luxury okay insurance close the next car I used car for long no it's okay so that's right that's why the for so inflation of the f inflation inflation inflation in the last 20 years is G average so% 125 130 may actually inflation inflation half% inflation okay retire zero no I did the N the N tax dollars $7,200 tax dollar no no no no no no the law La even tradition L my knowledge I might be wrong right say you don't get a tax break when you put R traditional all right so good I have different information and you have but I don't know then the final chapter the chapter [Music] so important could afford it the earlier you do it the more money you'll have an older age and you have no idea how important it is serious serious m the Final Chapter insurance is so simple and easy to set up online but that's it daily EMP zero insurance it's not enough to live you are million but zero so50 for family for the life insurance diet policy is so simple to sign up USA do it it's simple $42 is going to average small an amazing organization amazing organization so I vouch for it and again is of the chart of the application well seconds complicated coverage insurance insurance million dollar the likes on the S&P 500 on average of 10% 50,000 a year so this is the punch line isur vti is I get the fund ivv v o s SP y SP spy G and itn't