Former Financial Advisor: “Do Not Buy A House!” Do THIS Instead! | Humphrey Yang

00:00 - 00:25 Teaser

00:25 - 01:06 Meet Humphrey Yang

01:06 - 02:08 Budgeting strategy for 2025 (how much you need to save in cash, how much to invest)

02:08 - 03:48 Investing strategy for beginners

03:48 - 05:44 How to start your business with a website

05:44 - 06:37 Three-fund portfolio: low downside risk and strong performance during prosperity

06:37 - 07:30 Higher-risk instruments with potentially higher returns

07:30 - 08:47

When to start investing in the stock market

08:47 - 09:12 Investment schedule: how often you should invest and how to automate it

09:12 - 09:36 The main rule of investing

09:36 - 10:12 3 recommended brokerage apps

10:12 - 13:15 Pros and cons of starting a 401(k) at the beginning of your investment journey—or should you start with just a brokerage account?13:15 - 15:43 Rent or buy: which is better?

15:43 - 17:00 Investing in real estate

17:00 - 18:10 Crypto: what to buy in 2025

18:10 - 18:47 The dangers of the crypto market

18:47 - 20:05 How to pick meme coins to invest in

20:05 - 20:24 How many coins does Humphrey own right now?

20:24 - 21:22 Which platform to use for crypto

21:22 - 23:20 Recommended % of your portfolio to allocate to Bitcoin

23:20 - 24:00 You have a lump sum for investment in Bitcoin this year. When should you buy?

24:00 - 24:56 How often and where to make these investments

24:56 - 26:06 The worst financial decisions people can make

26:06 - 26:50 When you should sell your car

26:50 - 29:18 When Humphrey sells stocks

29:18 - 29:57 "Ideally, I keep all cash in my investment portfolio."

29:57 - 30:46 Emotional investing: What Humphrey bought that wasn’t part of his investment plan

30:46 - 32:08 How to decide what information to use when investing

32:08 - 32:28 Best way to pick meme coins to buy

32:28 - 33:10 The % of your portfolio to allocate to individual stocks

33:10 - 34:53 When to hire a financial adviser

34:53 - End How to stay sane when the market goes down

DISCLAIMER:This content is for informational purposes only and should not be construed as financial advice. Always consult with a qualified financial advisor before making any investment decisions.