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ABC's of Financial Planning Pt. II

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In this segment, Mr. Ilyas Akbar returns as we continue addressing and understanding sound, strategic financial planning practices and the terminology associated with becoming financially stable.

Channel: News & Politics
Uploaded: July 19, 2007 at 10:44 pm
Author: urbanwallstreet

Length: 28:29
Rating: 5.00
Views: 824

Tags: AXAAdvisors  Financialliteracy  FinancialPlanning  IlyasAkbar  UrbanWallStreetProject  

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Video Comments

smedheat (September 3, 2008 at 3:06 am)
We have money; we just spend it at the liquor store.
richz4life (July 9, 2008 at 5:47 am)
Einstein alwaYS said compounding is the greatest invention of man. look out for fees (12-b1, loads, etc) on Mutual Funds. Loads mean the thing is full of itself. Stick with an index fund and some of the low fee funds - personally I like some of Vanguard funds, common in company 401s...buy and hold LT strategy and just keep saving. Most are much too conservative, you can afford aggressive risk if you're still in 20s-40s...What u think?
richz4life (July 8, 2008 at 8:02 am)
It's surprising how many people, some of them quite serious graduates from Ivy League schools, have no idea about some of this stuff. If you follow these steps, you'll do well. Too much emphasis is put on how much you MAKE. When what really matters is what you do with what you earn. Max out the 401/IRA/Roth IRA. As Scarface puts it, PUSH IT TO DA LIMIT
daddyjuju (April 4, 2008 at 11:30 pm)
how do i build my credit in a safe and efficient manner without getting caught up in the debt or loan game
thinkingman85 (November 13, 2007 at 6:24 am)
I didn't realize the power of compound interest. Thanks so much Urbanwallstreet.
urbanwallstreet (October 8, 2007 at 8:57 pm)
Look into certain mutual funds. Also, reach out to a financial advisor/consultant, to learn about the various monetary machines you can invest in to get the best return on your money. Def do your homework though and reach out to the guest, Mr. Akbar! Thanks for watching!
RDesq (October 8, 2007 at 6:36 pm)
Can anyone list specific investments with an 8% return rate? I can't find any. Thanks!
almac4 (September 19, 2007 at 1:30 am)
I've watched all your videos,man these are priceless! THere are so many people that don't know this. Great job keep this up. Your biggest liablity by the way is a car. If you can get rid of the car you can save major cheese annualy.


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