New video by Evan Carmichael on YouTube
STOP Living Paycheck to Paycheck! How to Cultivate Wealth Through Entrepreneurship
✎ Get free access to our vault of PDF summaries for every YouTube video here: https://ift.tt/n2vKjFH ✎ In this video, we have an enlightening discussion with Andy Tanner about the pitfalls and challenges of the financial system. Andy dives deep into the issues with 401(k) plans, explaining how the majority of the profits end up in the pockets of Wall Street, while the workers who take all the risk get much less in return. He emphasizes the importance of understanding the fees associated with these investments and how they can significantly reduce the final returns for the average investor. Andy Tanner also talks about the concept of compounding costs and how small fees can erode a substantial portion of your investment over time. Using an example of a worker investing $10,000, he illustrates how the financial system benefits more than the individual, with Wall Street taking none of the risk but reaping the lion's share of the returns. This video is a must-watch for anyone looking to understand the true costs behind their investments and seeking better ways to manage their retirement funds. Additionally, Andy Tanner shares his personal journey and what led him to become an educator and advocate for smarter investing. He discusses the need for education in investment strategies and how understanding the market and surrounding yourself with knowledgeable advisors can make a significant difference. Andy’s passionate delivery and in-depth knowledge provide valuable insights for anyone looking to take control of their financial future. ✎ Checkout Jeff Hays' channel: https://www.youtube.com/@JeffHaysFilms ★ BOOKS ★ • Momentum: https://amzn.to/3kJZIAv • Build to Serve: https://amzn.to/3XZiCSg • Your One Word: https://amzn.to/3R9qVII • The Top 10 Rules for Success: https://amzn.to/3JcNZVe • 254 Confidence: https://amzn.to/3jdh9c2 ★ RECOMMENDED VIDEOS FOR YOU ★ If you liked this video, you'll love these ones: • Broke to Millionaire: The 7 Financial Myths That Could Bankrupt You! - https://youtu.be/mHVp_8dMIRQ • They Don't TEACH You THIS in SCHOOL About Making MONEY! | Money Revealed Ep. 1 - https://youtu.be/ekqyDlHivhY • Rich Dad Poor Dad - Robert Kiyosaki's Top 10 Rules For Success - https://youtu.be/yVfBdFs4_S8 ⚑ SUBSCRIBE TO MY CHANNEL ⚑ If you want to do great things you need to have a great environment. Create one by subbing and watching daily. http://www.youtube.com/subscription_center?add_user=Modelingthemasters ツ CONNECT WITH ME ツ Leave a comment on this video and it'll get a response. Or you can connect with me on different social platforms too: • My Live Calendar: https://ift.tt/eOMyYAg • Instagram: https://ift.tt/T4Jfigs • Tiktok: https://ift.tt/LA6e98Q • Discord: https://ift.tt/fAyK3Cx • Twitter: https://twitter.com/evancarmichael • Linkedin: https://ift.tt/2G4Jl6h • Facebook: https://ift.tt/z5DZ8PS • Website: https://ift.tt/Rt1jQuY ----------------------------------------------------------------------------- Thank you for watching - I really appreciate it :) Much love, Evan #Believe
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✎ Get free access to our vault of PDF summaries for every YouTube video here: https://ift.tt/n2vKjFH ✎ In this video, we have an enlightening discussion with Andy Tanner about the pitfalls and challenges of the financial system. Andy dives deep into the issues with 401(k) plans, explaining how the majority of the profits end up in the pockets of Wall Street, while the workers who take all the risk get much less in return. He emphasizes the importance of understanding the fees associated with these investments and how they can significantly reduce the final returns for the average investor. Andy Tanner also talks about the concept of compounding costs and how small fees can erode a substantial portion of your investment over time. Using an example of a worker investing $10,000, he illustrates how the financial system benefits more than the individual, with Wall Street taking none of the risk but reaping the lion's share of the returns. This video is a must-watch for anyone looking to understand the true costs behind their investments and seeking better ways to manage their retirement funds. Additionally, Andy Tanner shares his personal journey and what led him to become an educator and advocate for smarter investing. He discusses the need for education in investment strategies and how understanding the market and surrounding yourself with knowledgeable advisors can make a significant difference. Andy’s passionate delivery and in-depth knowledge provide valuable insights for anyone looking to take control of their financial future. ✎ Checkout Jeff Hays' channel: https://www.youtube.com/@JeffHaysFilms ★ BOOKS ★ • Momentum: https://amzn.to/3kJZIAv • Build to Serve: https://amzn.to/3XZiCSg • Your One Word: https://amzn.to/3R9qVII • The Top 10 Rules for Success: https://amzn.to/3JcNZVe • 254 Confidence: https://amzn.to/3jdh9c2 ★ RECOMMENDED VIDEOS FOR YOU ★ If you liked this video, you'll love these ones: • Broke to Millionaire: The 7 Financial Myths That Could Bankrupt You! - https://youtu.be/mHVp_8dMIRQ • They Don't TEACH You THIS in SCHOOL About Making MONEY! | Money Revealed Ep. 1 - https://youtu.be/ekqyDlHivhY • Rich Dad Poor Dad - Robert Kiyosaki's Top 10 Rules For Success - https://youtu.be/yVfBdFs4_S8 ⚑ SUBSCRIBE TO MY CHANNEL ⚑ If you want to do great things you need to have a great environment. Create one by subbing and watching daily. http://www.youtube.com/subscription_center?add_user=Modelingthemasters ツ CONNECT WITH ME ツ Leave a comment on this video and it'll get a response. Or you can connect with me on different social platforms too: • My Live Calendar: https://ift.tt/eOMyYAg • Instagram: https://ift.tt/T4Jfigs • Tiktok: https://ift.tt/LA6e98Q • Discord: https://ift.tt/fAyK3Cx • Twitter: https://twitter.com/evancarmichael • Linkedin: https://ift.tt/2G4Jl6h • Facebook: https://ift.tt/z5DZ8PS • Website: https://ift.tt/Rt1jQuY ----------------------------------------------------------------------------- Thank you for watching - I really appreciate it :) Much love, Evan #Believe
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