Student Loans

College Ave Student Loans Reddit – Cost of Debt and Investing for Retirement Talk

college-ave-student-loans-reddit-cost-of-debt-and-investing-for-retirement-talk

College Ave Student Loans Reddit – 8 Tips

Mortgage Interest Rates 8:20
New Car Interest Rates 9:57
Credit Score 11:50
Credit Card Interest Rates 17:54
Minimum Payment Calculator 19:55
Consumer Debt in America 24:46 **HELOC is Home Equity Line of Credit
Savings for Retirement by Age 26:55
How to Become Wealthy 29:54
US Savings Rates and CD’s 36:30
Return of S&P 500 42:51
Historical Stock Return Charts 45:18
Type of Retirement Accounts 55:26
Some places to open an Investment Account 58:07
Investment Interest Calculator 58:45
Where to look for Investment Ideas 1:09:01

Mortgage Rates : https://mymortgageinsider.com/current-mortgage-interest-rates-today/
Car Loan Rates: https://www.valuepenguin.com/auto-loans/average-auto-loan-interest-rates
Fico Score: https://www.nerdwallet.com/article/finance/credit-score-ranges-and-how-to-improve
Minimum Payment Caclulation:
1: https://www.thebalance.com/credit-card-minimum-payment-calculation-960238
2: https://www.greenpath.com/calculators/DebtPayoff2.html
Average American Debt: https://www.bankrate.com/personal-finance/debt/average-american-debt/
Retirement Savings by Age: https://money.com/retirement-savings-survey/
Myths About the Lottery: https://www.washingtonpost.com/outlook/five-myths/five-myths-about-the-lottery/2019/12/27/742b9662-2664-11ea-ad73-2fd294520e97_story.html
Why Athletes Go Broke: https://www.investopedia.com/financial-edge/0312/why-athletes-go-broke.aspx
Why Interest Rates Are So Low: https://www.brookings.edu/blog/ben-bernanke/2015/03/30/why-are-interest-rates-so-low/
Average Stock Market Returns: https://www.fool.com/investing/how-to-invest/stocks/average-stock-market-return/
Interest Calculator: https://www.calculator.net/interest-calculator.html
Historical Charts: https://www.macrotrends.net/1319/dow-jones-100-year-historical-chart
Story of 3 Investors: https://www.reddit.com/r/financialindependence/comments/c02ml4/timing_the_market_the_absolute_worst_vs_absolute/
Forbes Best Retirement Plans: https://www.forbes.com/advisor/retirement/best-retirement-plans/
25 Best Mutual Funds of All Time: https://www.kiplinger.com/slideshow/investing/t041-s001-the-25-best-mutual-funds-of-all-time/index.html

Check out http://www.ProfRobBob.com, there you will find my lessons organized by chapters within each subject.
If you’d like to make a donation to support my efforts look for the “Tip the Teacher” button on my channel’s homepage www.YouTube.com/Profrobbob

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15 Comments
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15 Comments

  1. Nokito Sembrano
    July 27, 2021 at 1:20 pm

    you got me through my aeronautical engineering days ! now, i’ve finally graduated I wanna say thank you so much !!

  2. Chris Bevel
    July 27, 2021 at 1:20 pm

    HELOC is Home Equity Line of Credit

  3. O2lawesomeness
    July 27, 2021 at 1:20 pm

    Oh my goodness. Honestly I used to watch you like 6 years ago when I was still in highschool and now i've graduated college and need to review my math for a grad program and Its making me emotional this video being such a grown up topic. Thank you for the help over all these years!

  4. Annie
    July 27, 2021 at 1:20 pm

    I’m so thankful for this video. I was gonna wait until I turn 25 to start my Roth IRA but you’ve inspired me to start now. I also fell into the credit card trap. Spent the past year paying it all off 😪 it was hard but it pushed me to take money seriously and finally learn about finances. Anyway, great video 😄

  5. Joseph Basha
    July 27, 2021 at 1:20 pm

    ProfRadBob😁❤️

  6. ceeaatar259
    July 27, 2021 at 1:20 pm

    This is fantastic stuff, thanks a lot. Your videos helped a ton when I was in high school (8 years ago) and awesome to see your videos will still help me now haha.

    One resource for building wealth that I've found immensely useful is a series of tweets by Naval Ravikant on "How to get rich without getting lucky". Really changed how I thought about money and I think you might find it interesting (you've done a lot of what he talks about with your youtube channel haha). Thanks again Mr. Tarrou!

  7. Zulu Warrior Princess
    July 27, 2021 at 1:20 pm

    Wow this is a great life lesson for everyone. Ps, love the hair!

  8. Wilbert Raymund Rayos
    July 27, 2021 at 1:20 pm

    A mathematician talking about investment? This is the best!!

  9. M W
    July 27, 2021 at 1:20 pm

    Great video, I love how the financial education hole in schools is being supplemented by how many youtubers are making videos on it.

    I feel like this is the type of community to like watching Ben Felix. He’s another content creator on YouTube who goes into the evidence behind why certain types of investing beat others, studies, academic papers, and math to back it up. Check him out if you’re interested in maximizing your investing (or just really like learning)

  10. chc Cooperider
    July 27, 2021 at 1:20 pm

    Thank you for telling young people the truth about credit card debt. I, too, grew up with that horrible credit card trap that ensnared my parents. My husband and I used credit and loans for one of three things…education costs, sensible cars or housing. We did not use credit for vacations, clothes, furniture and expensive cars. The peace of mind has been well worth it.
    You are a treasure, professor.

  11. drumtwo4seven
    July 27, 2021 at 1:20 pm

    BAD HAIR DAY

  12. MC Pikachu
    July 27, 2021 at 1:20 pm

    Watched your video on compounding interest when I was a freshmen in college and I was using your videos to learn calculus for intro engineering courses… 8 years ago

    Now out of college and looking how to be smart with my money. Definitely gotta watch this one 🙂

  13. Menelaus Swiftshanks
    July 27, 2021 at 1:20 pm

    This man is a hero.

  14. Bluecollarjose
    July 27, 2021 at 1:20 pm

    Have you looked into Cryptocurrency? If so. What's your opinion on it?

  15. Vince Andrew Mahinan
    July 27, 2021 at 1:20 pm

    From saving me from my high school lessons to saving me from myself in the future! Thank you ProfRobBob! Legend! (I'm a 2nd year engineering student now and have been subscribed since 9th grade)