Timothy Sumer

Find a SmartVestor Pro in your area! Take back control of your money with Financial Peace University: Order my brand-new book, "Know Yourself, Know Your Money"! Starting Budgeting for free with EveryDollar: Watch and subscribe to all The Ramsey Network shows here: Ramsey Solutions Privacy Policy ... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA As the year 2023 commences, I have decided to re-evaluate my investment strategy and make some changes accordingly. My financial situation has evolved over the past few years, and it's time to ensure that my money is being put to its optimal use. My investment portfolio is primarily focused on long-term wealth building with a mix of low and high-risk investments. This diversification helps me spread my risk and maintain steady gains over time. First and foremost, I plan on co

Hey guys! This is my first upload here on my channel, so please leave a like, comment, and subscribe if this video helped you out in any way, or even just a comment leaving some constructive criticism if you have any! Thanks for the support everyone!... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA When it comes to planning for your retirement, one of the most important decisions you’ll make is how you’ll save and invest your money. Two popular retirement savings options are Roth IRAs and traditional IRAs. While both are designed to help build retirement savings, there are key differences between the two that can impact which one is right for you. Traditional IRA A traditional IRA is a tax-advantaged retirement account that allows you to contribute pre-tax dollars. That means your contributions are tax-deductible in the year the money

If you plan on keeping your money in the bank or saving it, you should be aware of how inflation affects savings. Here are 15 tips to protect your money from inflation. What is inflation? The term “inflation” refers to a rise in prices, which over time results in a loss of purchasing power. The average price increase of a basket of chosen goods and services over time can be used to determine the rate at which buying power is decreasing. A unit of money now effectively has less purchasing power than it had in earlier periods due to the increase in prices, which is frequently stated as a percentage. Deflation, on the other hand, is characterised by a drop in prices and a rise in purchasing power. 15 Tips To Protect Your Money From Inflation Read The Complete Blog: Please Support🙏My Channel By Helping Me Reach 1,000 Subscribers So I Can Monetize My Content. Thank You❤️... ( read more ) HOW TO: Hedge Against Inflation REVEALED: Best Investment During Inflat

Schedule a FREE consultation call with Advisor.com today at This month, we're bringing some of our favorite money experts for The Recession Roadmap, a series all about how to navigate a potential recession as well as possible. In this episode, Nika from Debt Free Gonnabe shares a step-by-step process to help you build a recession-resistant budget. Nika on Instagram: Debt Free Gonnabe website: Join this channel to submit your own questions to Chelsea! The Financial Diet site: Facebook: Twitter: Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing As the global economy continues to struggle amidst the COVID-19 pandemic, there is an increasing likelihood that a recession may be on the horizon. While this can be a daunting prospect for individuals and families, there are steps that can be taken to prepare financially. Here ar

In 2021 inflation has been crazy, specifically 7.5%. such high inflation means that if you had 1000$ save up last year you can only buy 92.5% of what you could buy in 2020 this year. Savings account used to be the way to protect your savings from inflation as their interest used to beat the inflation rate. However nowadays they don t even pay 1%, so the question now is How to Beat Inflation, Protect Your Savings and Make Money in 2022 in the safest way possible. In this video about How to Beat Inflation, Protect Your Savings and Make Money i m going to show you where i park my savings to beat inflation and make money on top of it. it connected to the crypto and blockchain world buit not in the way you think. as this solution to to Beat Inflation, Protect Your Savings and Make Money uses what we call stablecoins like usdc (i made a video about it recently, link below). Most stablecoins reward users that provide proof of stake through platforms like crypto.com. In my case 10%

In this video, we're comparing 401K and Roth IRA options to see which is the best retirement savings option for you. We'll cover the pros and cons of each option and help you decide which is the best option for you. After watching this video, you'll know the pros and cons of each option, and you'll be able to make the best decision for your retirement savings! No BS Investing on social media: TikTok: Instagram: DISCLAIMER: This video and description contains affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. #nobsinvesting #dylansecrest #shorts... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Making the decision to start saving for retirement is an important one, but choosing the right type of retirement account can be overwhelming. Two of the most popular opti

If liquidity is your main concern, you must maintain your emergency fund in cash. However, inflation can eat up your emergency fund, and you could keep a sizable portion of your emergency fund in bank FDs and liquid funds. You must avoid stocks and equity funds as they are volatile in the short run. Moreover, do not pick investments that have a lock-in period. Do not chase returns with your emergency fund. Focus on investments that protect your capital and offer decent returns. Download the BLACK app by ClearTax: To learn the 5 things to know before you invest, click here- To understand the best liquid funds in 2022, click here- To find out why you need an emergency fund, click here- Timestamps: 00:00 Introduction 00:40 How to build an emergency fund? 02:52 Should you invest your emergency fund in stocks? 04:51 Should you invest your emergency fund due to inflation? 06:58 Conclusion 💰 Subscribe to grow your wealth: Watch next – How Much of Your Salary Should Yo

In this video, CERTIFIED FINANCIAL PLANNER, Professional, Colin Exelby discusses how to maximize your tax-free Roth Retirement Strategy. Why are the Roth 401(k) and Roth IRA so important to successful retirement planning ? As America’s IRA expert Ed Slott says, “It’s about moving assets from forever taxed to never taxed.” How much wealth and income you create AFTER taxes depends heavily on the strategies you employ before you need the money. Today's low tax rates are set to expire in 5 years. There isn't much time to take advantage of them. Check out Part 4 of my video series, How to Create a 100% Tax-Free Income in Retirement as I discuss why the Roth 401(k) is so important to a successful retirement. Timestamps : 00:00 Introduction 01:46 Let’s talk Roth! 01:55 Why does everyone love a Roth IRA? 04:09 Current Tax Brackets 05:09 When it is time to withdraw funds are there the same requirements as traditional IRAs and 401ks? 06:20 Why the Roth 401(k) is

Top 5 Benefits of a Roth IRA Top 5 benefits of a ROTH IRA are so important to understand. A ROTH IRA is by far one of the most powerful investment vehicles you can use to build wealth. A ROTH IRA is a type of retirement account but differs from a traditional IRA and 401k in the way that it is taxed. With a ROTH IRA you are funding your account with after tax dollars, like the money from your pay check that you have already paid taxes on. This enables you to get tax free income in retirement. For example, let’s say you fully funded your ROTH IRA every year for 40 years you would have $220,000. Now let’s say that money was invested and grew to $800,000 when you go to retire you would withdraw the entire $800,000 without owing any taxes on it. In contrary to a 401k if you funded for the same amount of $220,000 and it grew to $800,000 you would owe taxes on that $800,000 at about 15% (if not higher in the next 40 years) paying $120,000 to the government in taxes. Do you see n

6 Ways To STORE Wealth For INFLATION ▶Relevant Videos The Housing Bubble Is Forming ▶ Housing MARKET CRASH 2021 ▶ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ▶FinanceValue is a channel dedicated to making highly quality videos content for those interested in the economy + business ▶If you enjoy my videos, be sure to subscribe to my channel for more videos! - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - DISCLAIMER: TheFinanceValueGuy, including but not limited to any guests appearing in his videos, are not financial/investment advisors, brokers, or dealers. They are solely sharing their personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and TheFinanceValueGuy

#schoolofpersonalfinance #rothira #personalfinance #savemore #financialfreedom #financialeducation I love my Roth IRA. This video is about all the reason you should be using a Roth IRA to save more money for retirement. Roth IRA's are funded using after-tax dollars meaning you do not get a tax deduction when you make the contribution. Instead, you get the benefit of completely tax-free withdrawals in retirement. There are some rules that are specific to the Roth that need to be followed for the withdrawals to be tax-free. A Roth IRA can be a great option if you have taxable earned income, you are in a low tax bracket and you are under the income limitations. You can open a Roth IRA at all the same institutions as the traditional. A big difference with a Roth is that you can withdraw your contributions at any time without taxes or penalties. This is a very nice feature. For example, if you have contributed $20,000 over the last 4 years and the account value has grown t

Talking About Ways To Save Money During Inflation Business email: xlence.by.rck@gmail.com Business website: Mail Me: Chantel's Stuff P.O. Box 2788 Anderson, IN 46018... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Inflation is the rate at which prices for goods and services increase over time. It’s a natural part of the economy, but it can make it difficult to save money. Fortunately, there are several strategies you can use to save money during periods of inflation. 1. Take advantage of lower interest rates. During times of inflation, the Federal Reserve often lowers interest rates. This can make it easier to save money, as lower interest rates mean you’ll pay less in interest on any loans or credit cards you may have. 2. Invest in inflation-resistant assets. Investing in assets that are less affected

Roth IRA Account Q&A - Can $16 a day really make you a MILLIONAIRE? Do you want to be a millionaire for about $16 per day? Interesting, yeah? Let me explain... Anyone can become a millionaire if they start early and the amazing thing is that it can all be done automatically. Hello, everyone! My name is Seliza, and today, I am going to serve as your ROTH IRA advisor, mentor, guru, ninja - you know what I’m saying! Now, if you already have a Roth IRA and are using it to its fullest potential, then congratulations! You're off to a great start already. But if you don't have one yet and want to learn more about roth ira investing or roth ira quick facts, then keep watching. I'll explain what a Roth IRA is and why you would be crazy not to set one up! Be careful though as it’s easy to make a ROTH IRA mistake. Stay until the end of the video and I’ll tell you about three roth ira portfolio blunders to avoid at all costs. Let’s go... ➤ Novo. My Favorite Busi

Hey guys welcome to Viral Top 10 There are strategies to protect your portfolio from rising living costs. This insurance will not be free. You're going to have to pay in some way. Other risks will be increased, your yield will be lowered, or you will be charged fees. However, it is probably prudent to purchase at least some protection. Here are the top ten ways to beat inflation. So, let’s take a look… ►Disclaimer: This channel may use some copyrighted materials without specific authorization of the owner but contents used here falls under the “Fair Use” Copyright Disclaimer under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. #inflation reduction act #how to beat inflation in 20

Most Americans carry some type of debt - in fact it is often stated that 77% of American households carry some form of debt. But what would it feel like to be completely debt free? If you are interested in participating in Open Money and sharing your financial journey - feel free to reach out to me at erintalksmoney@gmail.com Thanks for watching @ErinTalksMoney I appreciate you! Disclaimer: Please note that this video is made for entertainment purposes only and not to be taken as financial advice. Always make sure to do your own research. Looking for more money videos, I post new videos every week, subscribe to my channel: While you are here, why not check out some of my other videos: Saving 40% of my income: What's the right age to retire: Here's why I quit my job: What it looks like to be among Americas wealthiest: Here are some common budgeting mistakes: #openmoney #debtfree... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED

We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money. #retirement #retirementplanning #dohstr8 ---Ready to subscribe--- For more information visit: --- Instagram @jazzWealth --- Facebook --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.com... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/4-must-haves-for-your-2023-financial-plan/?feed_id=60411&_unique_id=63c312a0cf96e #Inflation #Retirement #GoldIRA #Wealth #Investing #2023financialgoals #2023goals #budgetingtips #financialgoals #financialgoals2023 #financialplan #financialplan2023 #financialplanning2023 #howtobudget #howtoinvestinstocks #howtosavemoney #investingforbeginners #personalfinance #personalfinance101 #persona

Are You Saving In The Wrong Accounts for Retirement?- Schedule Your FREE Retirement Assessment Today Make retirement planning Easier Subscribe Now: If you're wondering where to save your money for retirement, this video is for you! We'll discuss the different types of accounts available to you and explain the advantages and disadvantages of each. We also give you a step-by-step guide on what accounts to save in first. In this video, we're going to discuss the differences between Roth and traditional 401ks, and show you which account is best for you. We'll also talk about HSAs, and how they can help you save for your future. We also talk about what accounts you should save in first and where to save after that. We cover everything from an emergency fund, to employee stock purchase plans. Determining where you save can help reduce the taxes you pay. The goal is to have flexibility in your retirement and the type of savings account help give flexibility whe