Chris Invests - Dividend Investing & Passive Income

Where to invest your first $10,000 is a common question people have after saving up a decent amount of money. But where is the best place to invest your first $10,000 so you can start taking advantage of compound interest so you can become financially independent and retire early or just start earning some passive income? Is the stock market a good place for it or would real estate be better?

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The BEST book about paying yourself first: https://amzn.to/2FarNta
The BEST real estate investing book: https://amzn.to/2WzWY73
The BEST stock market investing book: https://amzn.to/2Irodvc
The BEST business/mindset book: https://amzn.to/2EYDuTF

DISCLAIMER: Nothing published on my channel should be considered personal investment advice. Although I do discuss various types of investments and strategies, I am not a licensed professional. Please invest responsibly.

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The median net worth in the United States is around $200,000—but that number only tells part of the story. What does it actually take to be above average? And how quickly do things change as you move into the top 25%, 10%, 5%, and even the top 1%?

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Lifestyle creep or lifestyle inflation, is perhaps one of the most common money mistakes people make but what is lifestyle creep and how can you avoid it? The act of spending too much money often goes unnoticed for years until you realized that there's no money set aside for future use. If you avoid this mistake, it will be much easier to achieve your goals and become financially independent and retire early, if so desired.

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Sign up with Robinhood to get FREE stocks: http://share.robinhood.com/christw132

The BEST book about paying yourself first: https://amzn.to/2FarNta
The BEST real estate investing book: https://amzn.to/2WzWY73
The BEST stock market investing book: https://amzn.to/2Irodvc
The BEST business/mindset book: https://amzn.to/2EYDuTF

DISCLAIMER: Nothing published on my channel should be considered personal investment advice. Although I do discuss various types of investments and strategies, I am not a licensed professional. Please invest responsibly.

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How much does the typical retired person bring in each year? It’s tough to guess because retirement is often the tale of two extremes: those barely getting by and those retiring early. But the actual income people need during retirement? It’s not as scary as you’d initially expect. And we’re not talking about all multi-millionaire households, as you’ll see later in the video.

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These money don'ts inspired by Suze Orman are very common things for most people. If you want to be rich, make a lot of money and be a millionaire, there are certain things you shouldn't do. So don't do these things with your money in 2019 to protect your financial future so you can be come financially independent and perhaps retire early.

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Sign up with Robinhood to get FREE stocks: http://share.robinhood.com/christw132

The BEST book about paying yourself first: https://amzn.to/2FarNta
The BEST real estate investing book: https://amzn.to/2WzWY73
The BEST stock market investing book: https://amzn.to/2Irodvc
The BEST business/mindset book: https://amzn.to/2EYDuTF

DISCLAIMER: Nothing published on my channel should be considered personal investment advice. Although I do discuss various types of investments and strategies, I am not a licensed professional. Please invest responsibly.

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Are you actually lower, middle, or upper class…or are you just guessing based on feeling and lifestyle? Most people have a general idea of where they think they stand financially but that idea is usually shaped by what they see around them...cars, houses, vacations, social media...not by actual data. The problem is, those signals can be extremely misleading, because they don’t show the full picture of income, savings, or net worth. The truth is, there are a few simple financial metrics that can instantly tell you where you really sit compared to everyone else. And once you look at them, it becomes very clear whether you’re actually ahead, average, or behind. What’s surprising is that most people never check these numbers at all. Some of the most important benchmarks like income percentiles, savings rates, and net worth by age are completely ignored, even though they give a far more accurate picture than lifestyle ever could.

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Early Retirement Might Not be for You (Retiring Early with Realistic Expectations)
Don't retire early without realistic expectations! Becoming financially independent and retiring early is very popular nowadays. Building up your investments and passive income sources, whether those be through stock market investing, real estate, businesses etc. will provide the freedom to do as you choose without being stuck in the rat race, but is early retirement all that it's made out to be? What will life after retirement be like? Is the early retirement lifestyle something you'll enjoy? Is it possible to retire early? Not financially, but mentally as well. Keep your expectations realistic so you can make the best of your retirement.

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Sign up with Robinhood to get FREE stocks: http://share.robinhood.com/christw132

The BEST book about paying yourself first: https://amzn.to/2FarNta
The BEST real estate investing book: https://amzn.to/2WzWY73
The BEST stock market investing book: https://amzn.to/2Irodvc
The BEST business/mindset book: https://amzn.to/2EYDuTF

DISCLAIMER: Nothing published on my channel should be considered personal investment advice. Although I do discuss various types of investments and strategies, I am not a licensed professional. Please invest responsibly.

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How does your net worth actually compare to other people today? Most of the numbers you’ll see online are already outdated and that can completely change where you think you stand. So in this video, we’re going to look at the latest data from the Federal Reserve and adjust it for today’s dollars, so you can see a much more accurate picture of net worth by age.

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Side hustles are one of the best ways to get ahead financially. Whether you're planning on becoming financially independent and retiring early or you want to start working on some passive income streams, a side job can provide that opportunity. Employers are unlikely to help you reach your goals so you need to take your future into your own hands. Here's why you should start a side hustle in 2019.

Like and subscribe for more wealth building videos!

Sign up with Robinhood to get FREE stocks: http://share.robinhood.com/christw132

The BEST book about paying yourself first: https://amzn.to/2FarNta
The BEST real estate investing book: https://amzn.to/2WzWY73
The BEST stock market investing book: https://amzn.to/2Irodvc
The BEST business/mindset book: https://amzn.to/2EYDuTF

DISCLAIMER: Nothing published on my channel should be considered personal investment advice. Although I do discuss various types of investments and strategies, I am not a licensed professional. Please invest responsibly.

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Most Americans get Social Security completely wrong. Many claim it the moment they turn 62, worried they won’t live long enough to enjoy it. Others wait until 70, chasing the biggest monthly check possible. The surprising truth is, many people are leaving hundreds of thousands of dollars on the table simply because they don’t understand a few key rules. Today, we’re going to break it all down—how claiming early or late works, what the penalties are, and a little-known strategy that can help you enjoy retirement sooner while still growing your wealth.

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