Tae Kim - Financial Tortoise

4 Insurance Policies Everyone Should Have (And 4 You Don't)

Today at 9:21 AM

There are certain types of insurance policies everyone should have. But there are also some you don't need. In this video, I'll break down the four types of insurance policies everyone should have and four you don't need.

Timecodes:

0:00 - Intro
0:34 - Health Insurance
2:53 - Auto Insurance
4:19 - Life Insurance
5:55 - Homeowners/Renters Insurance
7:37 - Extended Warranties
8:29 - Rental Car Insurance
9:05 - Private Mortgage Insurance
10:03 - Life Insurance for Children

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LINKS:
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5 Classic Investment Traps Sabotaging Your Success

Today at 1:21 AM

► Join The Financial Tortoise Community!: https://financialtortoise.com/community

Timecodes:

0:00 - Survivorship Bias
2:37 - Blindly Trusting Financial Advisors
5:37 - The Financial Tortoise Community
7:45 - Chasing Outcome, Not Process
9:52 - Chasing Risk-Free Return
11:57 - Failing To Appreciate Diversification

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► SoFi - https://sofi.com/tae
► Aura - https://aura.com/financialtortoise
► Shortform - https://shortform.com/taekim
► Squarespace - https://squarespace.syuh.net/financialtortoise
► Empower - https://empower.sjv.io/financialtortoise
► Monarch - https://financialtortoise.com/monarch

LINKS:
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5 Best International Index Funds (Buy and Hold Forever)

Yesterday at 5:21 PM

International index funds are a great way to diversify your equities holdings. So in this video we are going to talk about the 5 best International Index funds to buy & hold in your investment portfolio.

Timecodes:

0:00 - Intro
2:35 - Vanguard Total International Stock Index Fund (VTIAX)
4:22 - Vanguard Developed Markets Index Fund (VTMGX)
6:48 - Vanguard Emerging Markets Stock Index Fund (VEMAX)
8:57 - Fidelity Total International Index Fund (FTIHX)
10:07 - Schwab International Index Fund (SWISX)

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LINKS:
► Get My Weekly Newsletters: https://www.financialtortoise.com/newsletter
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Slow Wealth—The Timeless Strategy That Never Fails

Yesterday at 9:21 AM

► Take This FREE Quiz & Discover Your Money Superpower!: https://financialtortoise.com/quiz-moneysuperpower
► Join The Financial Tortoise Community!: https://financialtortoise.com/community

Timecodes:

0:00 - Intro
0:58 - It Is A Proven Path
2:36 - You Make A Lot Less Dumb Money Mistakes
4:29 - Money Superpower Quiz
5:26 - Mitigates The Comparison Game
6:34 - Your Mistakes Disappear With Time
7:57 - You Unlock The Magic Of Compounding
9:57 - It Is A Lot Less Stressful
11:32 - You Develop Patience
13:12 - There's No Prize For Being First

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FAVORITE TOOL...

7 Millionaire Habits You Want To Have In Your 30’s

Yesterday at 1:21 AM

The 30's is the time to start thinking about how you want to live your life. Therefore in this video, we’re going to be talking about 7 millionaire habits you want to have in your 30s.

Timecodes:

0:00 - Intro
0:37 - Build Solid Career Capital
2:36 - Learn To Rest
5:04 - Treat Your Body Like a Ferrari
6:27 - Know Your Enough
7:42 - Don't Care What Other People Think
9:18 - Be Wary of Debt
10:40 - Hold Cash, Always

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LINKS:
► Get My Weekly Newsletters: https://www.fina...

10 Things To Cut From Your Budget Today

Last Sunday at 5:21 PM

► Go to https://meetfabric.com/TAE and apply today, risk-free!

Timecodes:

0:00 - Intro
0:21 - Underutilized Streaming Service
1:33 - Underutilized Gym Membership
2:34 - Try Fabric
5:00 - Multiple Premium Apps
6:29 - Excessive Food Delivery
8:00 - Excessive Dining Out
9:14 - Name Brand Household Items
10:12 - High Investment Fees
11:12 - Bank Fees
12:22 - Credit Cards With Annual Fees
13:27 - Unnecessary Insurance Coverage

► Join The Financial Tortoise Community!: https://financialtortoise.com/community

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FAVORITE TOOLS:
► SoFi - https://sofi.com/tae
► Aura...

3-Fund Portfolio (The Ultimate Guide)

Last Sunday at 9:21 AM

In this video, I'm going to show you how to build your ultimate 3-fund portfolio. This is an extremely effective way to invest in the stock market and I'll walk you through each step so that you can easily follow along.

Timecodes:

0:00 - Intro
0:30 - Fund Selection
6:56 - Asset Allocation
11:31 - Tax Optimization
15:41 - Summary

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LINKS:
► Get My Weekly Newsletters: https://www.financialtortoise.com/newsletter
► Favorite Books: https://www.financialtortoise.com/bestbooks

DISCLAIMER: I am not a financial adviser. These videos are for...

The Top 10% Problem—Why $150K Feels Like Poverty

Last Sunday at 1:21 AM

► Get Your Free Customized Financial Plan: https://financialtortoise.com/quiz-financialhealth
► Join The Financial Tortoise Community!: https://financialtortoise.com/community

Timecodes:

0:00 - Intro
0:40 - Sobering High Income Statistics
2:10 - Trap 1: The Lifestyle Inflation Trap
3:41 - Financial Health Quiz
4:24 - Trap 2: The Hedonic Treadmill Trap
6:15 - Trap 3: The Economic Reality Trap
8:08 - Strategy 1: Master the Psychology of Wealth
9:26 - Strategy 2: Redefine Your Relationship with Money
10:45 - Strategy 3: Implement Anti-Lifestyle Inflation Systems
12:21 - Strategy 4: Practice Intentional Spending
13:38 - Strategy 5: Build Long-Term Wealth Perspective

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F...

Dollar Cost Averaging vs. Lump Sum | Practical Advice

Last Saturday at 5:21 PM

Making an investment is a big decision. You want to make sure you're doing what's best for you and your money. In this video, we'll compare dollar cost averaging vs lump sum investing and give you some practical advice on which might be the better option for you.

Timecodes:

0:00 - Intro
0:30 - What is dollar cost averaging
3:03 - What is lump sum investing
3:58 - What does the research say is better?
6:07 - Practical advice

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LINKS:
► Get My Weekly Newsletters: https://www.financialtortoise.com/newsletter
► Favo...

Over Savers vs. Smart Savers—Know the Difference

Last Saturday at 9:21 AM

► Take This FREE Quiz & Discover Your Money Superpower!: https://financialtortoise.com/quiz-moneysuperpower
► Join The Financial Tortoise Community!: https://financialtortoise.com/community

Timecodes:

0:00 - Intro
1:10 - Sign #1: Neglecting Your Current Life
1:59 - Sign #2: Extreme Frugality Fatigue
3:12 - Money Superpower Quiz
3:47 - Sign #3: Social Life is Suffering
5:01 - Sign #4: Hoarding Cash
5:44 - Sign #5: Low-Value Activities
6:39 - Difference #1: Focus on Balance
7:21 - Difference #2: High-Impact Financial Decisions
8:05 - Difference #3: Understand Opportunity Cost
8:44 - Difference #4: Present and Future
9:35 - Difference #5: They Use Data
10:41 - 5-Question Smart Saver Asse...

VFIAX | Vanguard SandP500 Index Fund Explained

Last Saturday at 1:21 AM

Looking for a way to invest in the stock market but don't know where to start? Check out this video which explains Vanguard's S&P500 Index Fund. I explain the basics of the fund, including how it works and why it might be a good fit for your financial plan.

Timecodes:

0:00 - Intro
0:43 - What Is S&P 500 Index?
2:22 - Why Index Fund?
7:06 - VFIAX Deep Dive

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LINKS:
► Get My Weekly Newsletters: https://www.financialtortoise.com/newsletter
► Favorite Books: https://www.financialtortoise.com/bestbooks

D...

How Rich People Think Differently About Money

Last Friday at 5:21 PM

► Join The Financial Tortoise Community!: https://financialtortoise.com/community

Timecodes:

0:00 - Intro
0:35 - Lives Beyond vs. Live Below
1:49 - Spending vs. Investing
2:45 - Waiting Mentality vs. Action-Oriented
4:14 - Join The Financial Tortoise Community!
6:28 - Degrees vs. Learning
8:09 - Labor vs. Thought
9:14 - Hard Work vs. Leverage
10:42 - Complicated vs. Money
11:57 - Emotional vs. Logical
13:16 - Status vs. Freedom
14:15 - Cynical vs. Optimistic

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► SoFi - https://sofi.com/tae
► Aura - https://aura.com/financialtortoise
► Shortfor...

Cash Is King | Why I Keep So Much Cash

Last Friday at 9:21 AM

In this video, I'm going to talk about the importance of cash and why I like to keep a lot of it on hand. It's a strategy that a lot of investors use, and it can be really effective in protecting your portfolio during tough times.

Timecodes:

0:00 - Intro
0:33 - Cash Keeps You In The Game
1:50 - Cash Buys Opportunities
2:54 - Where to Hold Cash?
5:03 - Cash Gives You Peace
6:14 - Cash Keeps You Out of Debt
7:44 - Cash Gives You Time...To Think

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Luxury Cars—The Fastest Way To Sabotage Your Future

Last Friday at 1:21 AM

► Get Your Free Next Financial Move Plan!: https://financialtortoise.com/quiz-nextfinancialmove

Timecodes:

0:00 - Intro
0:34 - Brain Science Behind Luxury Car
4:53 - Next Financial Move Quiz
6:12 - Data Behind Luxury Cars
8:58 - Depreciation Cost
10:38 - Opportunity Cost
14:11 - What Actually Wealthy People Drive
15:40 - Recommendation

► Join The Financial Tortoise Community!: https://financialtortoise.com/community

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FAVORITE TOOLS:
► SoFi - https://sofi.com/tae
► Aura - https://aura.com/financialtortoise
► Shortform - https://shortform.com/taekim
► Squarespace - https://squarespace.syuh.net/fin...

Where Prices Are Actually Dropping (CPI 2022)

Last Thursday at 5:21 PM

In this video, we take a look at the latest CPI data released by the government and show you where prices are actually dropping in 2022.

Timecodes:

0:00 - Intro
0:39 - Where Prices Are Dropping #1
1:45 - Where Prices Are Dropping #2
2:44 - Where Prices Are Dropping #3
3:26 - Where Prices Are Dropping #4
4:04 - Where Prices Are Dropping #5
4:42 - Where Prices Are Dropping #6
5:41 - Where Prices Are Dropping #7
6:21 - Where Prices Are Dropping #8
6:59 - Where Prices Are Dropping #9
7:58 - Where Prices Are Dropping #10

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LINKS:
► Ge...

From Earner To Owner—Make The Wealth Transition

Last Thursday at 9:21 AM

► Join The Financial Tortoise Community!: https://financialtortoise.com/community

Timecodes:

0:00 - Intro
0:44 - Earner vs Owner
1:50 - Reason #1: Tax System Is Rigged
5:40 - The Financial Tortoise Community
7:42 - Reason #2: Policies Favor Owners
9:40 - Reason #3: Scalability Limits
11:59 - Step 1: The Mindset Shift
13:04 - Step 2: Understand Different Assets
14:27 - Step 3: Make The Transition

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FAVORITE TOOLS:
► SoFi - https://sofi.com/tae
► Aura - https://aura.com/financialtortoise
► Shortform - https://shortform.com/taekim
► Squarespace - https://squarespace.syuh.net/financialtortoise
► Empow...

Berkshire Hathaway | 7 Timeless Investing Lessons

Last Thursday at 1:21 AM

Warren Buffett is one of the most successful and well-known investors in the world. In this video, we take a look at seven investing lessons from Berkshire Hathaway.

Timecodes:

0:00 - Intro
2:06 - Strong Cash Position
3:39 - Conservative Debt
5:04 - Control
6:43 - Long Term Mindset
8:09 - Diversity of Investment
9:39 - Minimal Overhead
10:42 - Not Dependent Upon Kindness of Strangers

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LINKS:
► Get My Weekly Newsletters: https://www.financialtortoise.com/newsletter
► Favorite Books: https://www.financialtortoise.com/bestbooks

DISCLAIMER: I am not a fi...

The Truth About Retirement Planning—5 Myths Busted

Last Wednesday at 5:21 PM

► Go to https://meetfabric.com/TAE and apply today, risk-free!

Timecodes:

0:00 - Myth #1: Over 40, It's Too Late
2:29 - Fabric by Gerber Life
4:51 - Myth #2: More Conservative as You Age
7:07 - Myth #3: 401(k)'s Default Settings
10:21 - Myth #4: Can't Touch Retirement Money
12:13 - Myth #5: Social Security Will Disappear

► Join The Financial Tortoise Community!: https://financialtortoise.com/community

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FAVORITE TOOLS:
► SoFi - https://sofi.com/tae
► Aura - https://aura.com/financialtortoise
► Shortform - https://shortform.com/taekim
► Squarespace - https://squarespace...

Where Inflation Is Hitting The Hardest (CPI 2022)

Last Wednesday at 9:21 AM

The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The Bureau of Labor Statistics releases CPI data every month. In this video, we take a look at where inflation is hitting hardest across the United States in 2022.

▶︎ Frugal Minimalist Kitchen (https://frugalminimalistkitchen.com/)
▶︎ Consumer Price Index (https://www.bls.gov/news.release/cpi.t02.htm)

Timecodes:

0:00 - Intro
0:35 - Where Inflation Is Hitting Hardest #1
2:15 - Where Inflation Is Hitting Hardest...