Join Ian Dunlap, Troy Millings, and Rashad Bilal as they share essential personal finance tips for 2024. In this clip, they discuss the importance of saving, investing, and budgeting in uncertain times. Ian emphasizes the significance of not loaning out money and suggests saving 40-50% of your income. He also highlights the need to invest at least 25% of your income and allocate capital to self-improvement. Additionally, he advises on investing in businesses outside the publicly traded markets for long-term growth.
Troy addresses the question of exploring different indexes beyond total market and S&P 500, providing insights into Vug and VGT for higher growth international investments. The team also emphasizes the value of education and recommends impactful books to enhance knowledge in trading psychology, mindset, and historical context of finance.
Join the discussion to gain valuable insights into navigating personal finances in the ever-evolving economic landscape. Don't miss out on these practical tips that can potentially shape your financial success in 2024 and beyond.
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