Finance

Solutions to the 401(k) DEATH TRAP – [Rich Dad StockCast]

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Solutions to the 401(k) DEATH TRAP – [Rich Dad StockCast] – How to Choose

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37 Comments

  1. michael
    July 21, 2021 at 5:56 pm

    Andy Tanner is an absolute Godsend! I’m learning learning learning!! 👍 Thank You 🙏

  2. Jessica Contreras
    July 21, 2021 at 5:56 pm

    Excellent information!

  3. bmtenoch
    July 21, 2021 at 5:56 pm

    shut up and just get adblock XD

  4. Gloria Day
    July 21, 2021 at 5:56 pm

    I already retired and still have my 401k. Now what do I do with it?? Either way you are cooked? So what’s the difference?

  5. Arish Rojas
    July 21, 2021 at 5:56 pm

    28:3630:00 moving average
    Stock above moving average = be in socks
    Stocks below moving average = move to cash

  6. Arish Rojas
    July 21, 2021 at 5:56 pm

    25:35 Move your options inside 401K = money market account, bonds, stocks

  7. Arish Rojas
    July 21, 2021 at 5:56 pm

    14:03 system risk – diversification doesn't work. You need "Insurance" = for 401K = 21:00 "hedging" = 22:00 "Delta" = by using "options" 24:00

  8. Arish Rojas
    July 21, 2021 at 5:56 pm

    9:05 Fees – net expenses ratio

  9. 110 DEVANSH SINGH
    July 21, 2021 at 5:56 pm

    He is scaring me😅

  10. Ocean's Wonders
    July 21, 2021 at 5:56 pm

    CHRIST, this was good.

  11. Break From The Herd
    July 21, 2021 at 5:56 pm

    This channel is notorious for its constant advertisements

  12. kim benk
    July 21, 2021 at 5:56 pm

    Perhaps it is a little too late to get financially educated after you are 60:(

  13. Boss Caiga
    July 21, 2021 at 5:56 pm

    Mr Young is arguably the best account manager on the planet, just few months ago I was making loses after loses until I heard about him on a YouTub post and contacted him, he gave me two options. Purchase his software if I already understood binary options trading or have him trade for me, at that time I was broke as I had lost a huge chunk of money trading for myself so I opted for him to trade for me I had $3,200 so I funded my account and let him trade for me after a week I withdrew a profit of $34,805 and decided to invest the same amount fast forward to today, I have made so much profits I can afford the software 10 times over and not flinch I implore you to reach him today and change your financial situation. Contact him (linyoun56g@gmail.com) or Instagram (you_ngli)

  14. Michael Nixon
    July 21, 2021 at 5:56 pm

    So today I received a letter from legal and general to say that they had decided to close one of their investment funds and were going to transfer my balance over to another fund. The fees were quoted as 3.67% to exit the fund and enter the other. Having watched this video and the education it provided I felt these fees to be unjust for a decision outside of my control so I have therefore written asking them to waive the fees. Let’s see how that is received by L&G.

  15. V T
    July 21, 2021 at 5:56 pm

    I wish Andy Tanner talks less and gets to the points faster.

  16. A C
    July 21, 2021 at 5:56 pm

    Listen to this again as I prepare to talk to my husbands representative who handles his 401(k). Our eventual GOAL…is to get out of his 401(k) and properly redirect funds into proper assets that we control! Thanks Robert, Kim and Andy for posting these videos!

  17. Fighting Words Financial
    July 21, 2021 at 5:56 pm

    Thanks for giving me the opportunity to invest with you Mr Peter Roland. I don't really know how it happened but thanks to God who made it possible. I invested $300 and received $3100. All thanks to you sir.

  18. Chrissy and Col Life of Prosperity
    July 21, 2021 at 5:56 pm

    401k's are exactly the same as a business. If your business was consistently losing money, and out of your control, how long would it take you to close the doors?

  19. Jbecker
    July 21, 2021 at 5:56 pm

    Don’t be fooled that you should not use a 401k. If used properly they are an outstanding tool. Your contributions lower your taxable income so you save money there. Your company probably offers some matching up to a certain percentage. That’s free money. Also you can borrow or take out a 401k loan against yourself up to $50k or half of your vested value. You can then use this debt against yourself to make more money if you find investments better than the 401k funds. You are getting free money to leverage other investments. Not a bad deal. So don’t be afraid to use a 401k. Just take advantage of all the benefits.

  20. Bradley Boros
    July 21, 2021 at 5:56 pm

    Been looking to invest but couldn’t with the fear of loosing it all. If anyone has got a reliable trader with good testimonies please feel free to share.

  21. walisantana
    July 21, 2021 at 5:56 pm

    Love it!!!!!!!

  22. Peter Moore
    July 21, 2021 at 5:56 pm

    Thank you guys, very helpful video. Thanx

  23. Scott Emsley
    July 21, 2021 at 5:56 pm

    What do you think about self-directed IRA’s and 401k’s?

  24. Gregg Schaaf
    July 21, 2021 at 5:56 pm

    32 minutes in and still no mention of "DEATH TRAP" in the misleading title.

  25. A Dollar Investing
    July 21, 2021 at 5:56 pm

    Investing in crypto have greatly healed me.honestly an investment of $3000 profited me $15,400 in three weeks,I regret not knowing him earlier

  26. Steven Kimberly
    July 21, 2021 at 5:56 pm

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    July 21, 2021 at 5:56 pm

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  28. Royal Highness
    July 21, 2021 at 5:56 pm

    The rich gets richer by buying gold and investing

  29. Anonymous User
    July 21, 2021 at 5:56 pm

    oh man… can somebody summarize what's this about?

  30. BobCurrey
    July 21, 2021 at 5:56 pm

    There was some points of good general advice, ie get out when below moving average, but no details when to get back in or how to decide. my 401k , which i have because of company match, only has 5 options, so i'm all in cash, and i can't get the money till i quit working there. options would only work to hedge it being in stocks if the market went way up or way down. If it doesnt move much, the option costs eat you alive. i am waiting for a big crash to go long in it again, but can only trade once per 90 days. its terrible the amount of spam in these posts…

  31. mary chang
    July 21, 2021 at 5:56 pm

    good idea on hedging by buying options. i wouldnt mess with selling options though lol

  32. mary chang
    July 21, 2021 at 5:56 pm

    Question: what does the company do with unvested contributions when an employee leaves before vesting? Does the company reinvest, cash out and split the balance with the fund manager… I imagine some chicanery is involved.

  33. mary chang
    July 21, 2021 at 5:56 pm

    im cash heavy on my 401k and collect on my companys match. 31 basis points in fees wish it was lower.

  34. San Fransco
    July 21, 2021 at 5:56 pm

    Nice video, despite the drop optimism is still very high and the move is actually more bullish than bearish and without any doubt Bitcoins will soon rally up to $12,000 by the end of this month. . especially since weak hands seems to have putted out giving buyers a go at the market, the clear route now is to build a strong portifolio and I think that Mr Adams has proved beyond reasonable doubt to be one of the best trader and a signals provider in the space. I personally subscribed to his services, signals and alert and I was able to turn in over 4.5 bitcoins as profit in a week and four days, started trading with just 0.3 bitcoins. the best tutors do not just give theories but they will guide you through demonstration and this really helped me become a much better and productive successor than ever before. Mr Adams is one of the few helping traders, stay in profit. you can always reach out for Mr Adams on WhatsApp +17146432108 for proper assistance, guidance and support in profitable trading and other crypto trading difficulties that you might be facing.

  35. JD KIRK
    July 21, 2021 at 5:56 pm

    Virtually everyones in stocks as theres no where else to make yield however stocks are rediciously overpriced yet people and pension funds private and public keep pooring in cash bidding the market higher,its not going to end well and the federal reserve cant continue to stop the buisness cycle/recessions forever

  36. Go4Um
    July 21, 2021 at 5:56 pm

    I only use my 401K to get the matching money from my employer every few months I pull the money out and make my own investments and right now with the virus I can pull money without penalty till the end of the year and even with the penalty I still get all the money I put in and a big part of the money my employer put in that is free money. Probably not the best way to do things but it works for me and if there is a crash I have my money, not them.

  37. Benjamin Cheney
    July 21, 2021 at 5:56 pm

    The more I listen to robert the more he confirms that richard wolff is right.