What Percent of Your Income Should You Invest? (With Data)

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Net worth snowballs after $1M. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!

AI stocks will dominate 2024 and beyond. Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA. I'll also take these other recommendations you made.

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.

Just sold a property in Texas and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.

The absence of stock investments has left me with a sense of remorse, albeit I'm appreciative of my decision to maintain funds in the money market. With roughly $200k nearing maturity, I'm gearing up to step into the stock market. Could you advise me on suitable stocks for a beginner looking to steadily increase their capital?

I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $950k. before I turn 60, I would appreciate any advice on potential investments.

After investing from my salary of 350k for 4 years, I've only made about 8% total, or 2% per year, which my friends say is very low. My employer 401k of $220K returns about 4%. What would you advice to do with my portfolio for improved returns?

I'm only 23 and have been watching your videos for a close to a year now.. I just used a retirement calculator and discovered that I already have my 401(k) on track to retire with over a million dollar by investing just 9-10% of my income! Along with other recurring investments I have in single stocks and ETFs set up plus automated transfers to my savings each paycheck. I really feel that, with your help, I've been able to set myself up for financial success long-term even when coming into adulthood during a difficult economic time! Keep making great videos please!!

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024.

Your content has helped me a lot in the last few months. Thanks, Humphrey!

I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.

Automated makes it so much easier. It's rough at first, but after a while you adjust. It's nice knowing that you're saving and can't spend it.

I plan to get into the fin market putting a portion of my income monthly, I believe consistent and steady growth would have me rewarded in some time, I wonder though if there’re smart ways to go about investing, picking and selecting stocks? I’ve recently tried but have been met with red on my portfolio, I’m open to options

Great video! I know you've touched upon it, but real estate is a great way to "retire early" while still making money with passive income. I plan on going heavily into this very soon and a chunk of the money I have saved will go there instead of the stock market or a high-interest savings account, then I plan on reinvesting the money I make from that back into it over the course of 10-15 years (while still also putting some into Index/ETF funds and my Roth IRA), so my plan is to retire, or even semi-retire, with "passive income" from real estate before my Roth IRA is even accessible.

This was a great and very realistic video, thank you!

What you want is to have as many income streams as you can manage. I have my "9 to 5" job, teach two online courses, run a home business (business partner handles the details), a Fidelity dividend account, a couple of I-Bonds and a number of CDs and an online savings account. Because of this I put 20% of my base salary into a tiaa-cref account and my employer tosses in another 10%. So I'm saving over thirty percent at all times and don't even miss that money.

Love your videos Humphrey!