Alexa von Tobel is the founder and CEO of LearnVest.com which she has been developing and growing since 2006. LearnVest is the leading personal finance and l…
Stay out of debt and buy index funds.
One Life-Changing Class You Never Took: Alexa von Tobel at TEDxWallStreet
A talk by Alexa von Tobel on how financial literacy can change a person’s
life. She is the founder of LearnVest.com which has a lot of good financial
literacy articles for the layperson.
There is that sort of TV show about Money in Canada called: “Money Morons”.
I’m a graduating college senior in my 20s and I’ve never heard of saving
for retirement in my 20s. The only financial principal I’ve ever lived by
was “do not get any credit card debts” achieved by not getting a credit
card. After hearing this talk, I wonder what else i’m missing. I wish they
did teach all of this in high school.
important things about finance:
spend below your means. cut your smartphone bills, yes 100+ dollars if you
cant afford it dont use it- dont buy a new iphone every single time a new
one comes out or new laptops/gadgets etc, or cars. dont buy that 500 dollar
handbag or jeans,
in general stop competing with the Jones.
establish good credit history early on you can have as many cc as you want
just done use it up. meaning pay it off if they will ever charge you
interest on it.
-buy a home if not moving for many years 5-10 or rent extremely cheaply if
moving a lot. buying homes is an expense not an investment unless you rent
it out for higher than expenses.
-also try and learn new skills to reduce expenses
fix your own stuff at home become your own handy man and cook.
-don’t keep going to the bar to pick up chicks and drink 20-100 dollars per
bar night?
-do not buy a car unless you need it for work take public transportation to
save money bad for picking up chicks but saves on gas, tickets registration
and insurance.
if you must get a car get a cheap used car- for less than 3000 if you can
find one and get the minimal insurance for collision only. avoid everything
else and let it get stolen or otherwise.
if you can survive for 1-2 years without it getting hit/needing
repairs/stolen you win.
oil will still cost you. but beats insuring an expensive car especially if
you rented a bad neighborhood.
coming out of college you wont have any rent money to get a decent place or
buy any decent homes.
only buy expensive cars if you can defend them otherwise you are wasting
your money as high insurance + very likely to be stolen/hit by someone else.
-you don’t need to win the lotto but you do need to learn how to manage
your own money. you don’t need a personal banker to tell you this.
-so moral of the story be a responsible person
One Life-Changing Class You Never Took One Life-Changing Class You Never
Took: Alexa von Tobel at TEDxWallStreet
i love personal finance 😀 <3
Putting into action…
Just a lot of bullshit !!!!
wow
Money? Like the millions of dollars you earn in Need for Speed or Grand
Theft Auto?
lol who else see the antenna on her back she looks like a robot
This is really a big subject! Isn’t this money scenario similar to
being overweight and suffering from obesity? Don’t we all overeat? Too many
take-away foods (preparing at home, will only cost half) but that’s too
hard or tiring , then there lots of cooking shows, lots of EXTRA specials
at the supermarket with items that we really don’t need, but buy anyway?
So the message is EAT…EAT…EAT… until you drop (with serious health
problems). With money isn’t it about SPEND…SPEND….SPEND, enjoy
today…..who thinks about tomorrow anyway? Buy today, pay back in three
or more year’s time. Until we all become overweight with debt! Obese
with debt? With serious money problems (like divorce, bankruptcy, poor
credit rating, living day to day with no surplus). Therefore….. PLAN,
BUDGET…BUDGET…BUDGET…spoil yourself a little and have only ONE and ONLY
one credit card.
There is also Financial Aid !
I kept waiting for the part where she was going to tell us how to do all
that she talked about doing.. Did I miss that part? Or do I need to go buy
her video to find out?
great insight, I wish I would have heard this when I was 20.
Why on earth would our government educate the youth about finances when
they makes billions of dollars off of putting them their??
You are so right Alexa! Our fellow Americans, myself included, have gotten
away from saving 20% or more. Our poor habits are reinforced because
everyone else is spending and even our governement does not have a balanced
budget! Starting in 2014 my wife and I agreed that there will be a spending
freeze on all nonessential items!
At 5:38, after the employer 41k match program, what does she mention? (I
can’t understand what she’s saying.)
There’s a reason they call it the American dream: “you have to be asleep to
believe it” – G. Carlin
Am 15 years。 so。。。。
I think it’s too bold a claim to say that 75% of that particular room feels
out of control with their finances lol
It seems to be a good principle he’s stating here. That’s what I see. The
idea of not being reactive when bad news occurs. Is that right? I’m a bit
new to this.
How did you make that much money? You invested in real estate and cash
generating assets?
Tips from Warren Buffett
http://buff.ly/1adjxSh
did she say “put your ass in order”? lol
That farm analogy is perfect.
This bitch has on a fancy watch and a hermes belt ($1000+). Talking to
billionaire in $30 slacks and a button up. Thats the first tip is living
within your means.
This guy is awesome. He’s giving sound advice that actually goes against
his business of investing in specific companies.
Warren Buffet is brilliant I wish I had his stocks investing strategy.
PENNY STOCK ALERT
Archives
Nov 11, 2013
Colorado Resources shot from $.16 to $1.74 in May of this year based on one
extraordinary drill result at their North Rok project in Northern BC just
to the northwest of the new mine being built at Red Chris.
Colorado Resources continues to drill their North Rok project with results
that are still interesting but not nearly as good as their initial hole.
A tiny junior named Revolver Resources with a market cap of under $1
million released the results from a 3D IP Survey on Friday last on their
Summit B property adjacent to North Rok and on trend with the Red Chris
Mine that shows some huge potential. It appears to show a red hot IP
anomaly near surface some 2.4 km long, 500 meters deep and 500 meters
wide…this could be enormous.
The company is in the process of doing a small money raise to fund a winter
1000 meter three hole drill program to test the IP results. Surface chip
samples and historic channel samples showed values of .1 to 1.5% copper and
gold values of 3.0 g/t, 17.9 g/t, 12.3 g/t and 10.9 g/t. If they hit the
same kind of numbers that Colorado did, their shares would react the same
way. It’s a crap shoot.
(Click on image to enlarge)
Revolver is not an advertiser. I have participated in a PP last December,
before this project came up. I am biased, as I own shares.
Revolver Resources
RZ-V $.025 (Nov 8, 2013)
34.6 million shares
Revolver website
Index funds are the smartest thing for average people who don’t have the
time or inclination to research a company and stick with it. They are a no
brainer and they have proven over time that they work. I used to be a
believer in bond index funds also, but these days, bonds are more dangerous
then stocks.
Hello got
I am a Professional Trader based in London who makes on average £11,000+ a
week by using simple techniques. I have developed many strategies in the
past, my most recent yields 81% RETURNS so far. Trading is a risk and
people do lose money but if you know how to mitigate risk by having a good
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a fortune. I currently teach people how to trade for free. If you’re
interested you can email me [email protected]
Well he’s not. He said so himself lol
What a crock of shit. Coming from the most active investor ever. Buy an
index fund??
weird
It is but he’s highly intelligent
Like r biz. Stick with it & give it time. Don’t dance in & out.
“The average individual will live a lot happier life if they avoid debt.” –
Warren Buffet
#finance #money
Warren Buffet on persona finance: stay out of debt, and buy index funds