My Thoughts On Retirement Plans – Massively Overrated – Oftentimes Scams
In my network of friends / family / colleagues, I’m most often known as ‘The Investment Guy’.
Because of this, I’m often asked about the latest trend in investing, whether it be years ago, gold and silver, the Greek Crash a couple years ago, or more recently, weed stocks and cryptocurrency.
Today I want to talk about something I get asked about all the time… Retirement plans and why I think they’re massively overrated.
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Let’s get to why in the video below…
In the 11 – minute video above, I detail why in general I view retirement plans as scams and tell you what you should do instead.
Some of what I talk about in the video…
- Why I view most retirement plans are scams
- Why my view on retirement plans is so different than most people in finance
- Why it’s so easy to get ripped off by ‘Certified Financial Planners’ if you don’t know finance
- Why you should invest in low – cost index funds if you don’t know what you’re doing
- Or why you should find someone like me who you can trust to manage your money and grow it
- Why 401K’s generally won’t make you rich or even give you enough for retirement
- And more…
Am I an idiot on this? What are your thoughts on retirement plans?
Here is a great article on $750 million net worth Grant Cardone’s thoughts on retirement plans.
P.S. Check out our playlists in this series of investing and value investing educational videos here on our YouTube channel.
P.P.S. If you’d like to learn how to value and evaluate businesses like a world-class investor, check out our three programs that can help you do this; our Value Investing Training Vault, our Value Investing Masterclass, and our $10,000 Coaching Program.