This video covers what an ETF is, the key benefits of investing in them, how to choose the right ones, the steps to start investing, and the common mistakes to avoid. - Enjoy! 🔎 Free Index Fund Cheatsheet: https://dannysully.link/IndexFunds Top Bonus Offers: 🚀 Webull (Invest): Get free stocks with any deposit! → https://dannysully.link/Webull 💸 SoFi (Checking & Savings): Get up to a $325 cash bonus! → https://dannysully.link/SoFi Top Financial Products To Consider: 🛠 Personal Finance Tools → https://dannysully.link/FinanceTools 📈 Investing Platforms → https://dannysully.link/Investing 🏦 High Yield Savings Accounts → https://dannysully.link/Savings 🔒 Certificate Of Deposits (CDs) → https://dannysully.link/CDs 💳 Credit Cards → https://dannysully.link/CreditCards Resources: 📚 Free Learning Guides → https://dannysully.link/FreeGuides 🗞️ Free Newsletter → https://dannysully.link/Newsletter 🔑 Patreon (My Portfolio & Exclusive Content) → https://www.patreon.com/dannysully 🎥 Relevant YouTube Videos 🎥 https://youtu.be/GEyok0IzYUE?si=pyDYJdqeRD8Xyo1k https://youtu.be/nU6UhvuCTAI?si=fPRmW1AcFNvfkFYW https://youtu.be/PNwCjlomxrk?si=jPXqS4WTQ58C1k2B https://youtu.be/Rp2XrMMePv8?si=OLxueGLrs7yWqRf_ https://youtu.be/ulw_vq91CZI?si=ha-azJdBw76pVNWe https://youtu.be/FQbgBI1Gey4?si=x1s4CtkiMPlORfSE https://youtu.be/laVo-5qEaGU?si=U1uqXrwrlgctiXbn https://youtu.be/Noe5rBJhw5s?si=T2u4FAP5wnP80J5t https://youtu.be/Kv7Y4BKY3Rk?si=MuHgJSPkgE7oCUY3 https://youtu.be/nU6UhvuCTAI?si=Qv7fDJde6MA6fbT- https://youtu.be/v-ebnGFTtgU?si=lNKBkAtTpfHuzumt https://youtu.be/fAWccqRCyKI?si=8d6IOagseK7kwjef https://www.youtube.com/playlist?list=PLL80XtVsEZjNEqjqxToAzGHSwvPpWFaD6 ⏰ Timestamps ⏰ 00:00 Intro 00:32 What Is An ETF? 01:55 Key Benefits of ETFs 03:08 How To Pick The Right ETFs 08:12 How To Invest In ETFs 09:22 Common Mistakes To Avoid 🔔 Thank you for watching and don't forget to hit the like button and subscribe with notifications on! Disclaimer: Certain links on this website lead to products or services that may earn Danny Sully an affiliate commission or referral bonus. As a member of an affiliate sales network, Danny Sully is compensated for directing traffic to partner websites, which may affect the placement or visibility of some products on this site. The information provided in this video is accurate as of its posting date, though some of the offers mentioned may no longer be active. This content is for entertainment only and does not constitute legal, tax, or financial advice. It is for general informational purposes. The presenter is not a licensed professional. Viewers should consult their attorney, accountant, or financial advisor for advice on specific legal, tax, or financial issues.

This video covers surprising facts about index funds that most people don't know. - Enjoy! 🔎 Free Index Fund Cheatsheet: https://dannysully.link/IndexFunds Top Bonus Offers: 🚀 Webull (Invest): Get free stocks with any deposit! → https://dannysully.link/Webull 💸 SoFi (Checking & Savings): Get up to a $300 cash bonus! → https://dannysully.link/SoFi Top Financial Products To Consider: 🛠 Personal Finance Tools → https://dannysully.link/FinanceTools 📈 Investing Platforms → https://dannysully.link/Investing 🏦 High Yield Savings Accounts → https://dannysully.link/Savings 🔒 Certificate Of Deposits (CDs) → https://dannysully.link/CDs 💳 Credit Cards → https://dannysully.link/CreditCards Resources: 📚 Free Learning Guides → https://dannysully.link/FreeGuides 🗞️ Free Newsletter → https://dannysully.link/Newsletter 🔑 Patreon (My Portfolio & Exclusive Content) → https://www.patreon.com/dannysully 🎥 Relevant YouTube Videos 🎥 https://youtu.be/GEyok0IzYUE?si=pyDYJdqeRD8Xyo1k https://youtu.be/PNwCjlomxrk?si=jPXqS4WTQ58C1k2B https://youtu.be/Rp2XrMMePv8?si=OLxueGLrs7yWqRf_ https://youtu.be/ulw_vq91CZI?si=ha-azJdBw76pVNWe https://youtu.be/FQbgBI1Gey4?si=x1s4CtkiMPlORfSE https://youtu.be/laVo-5qEaGU?si=U1uqXrwrlgctiXbn https://youtu.be/Noe5rBJhw5s?si=T2u4FAP5wnP80J5t https://youtu.be/Kv7Y4BKY3Rk?si=MuHgJSPkgE7oCUY3 https://youtu.be/nU6UhvuCTAI?si=Qv7fDJde6MA6fbT- https://youtu.be/v-ebnGFTtgU?si=lNKBkAtTpfHuzumt https://youtu.be/fAWccqRCyKI?si=8d6IOagseK7kwjef https://www.youtube.com/playlist?list=PLL80XtVsEZjNEqjqxToAzGHSwvPpWFaD6 ⏰ Timestamps ⏰ 00:00 Intro 01:21 Major Turning Points 05:34 Shocking Facts 09:55 The Future of Index Funds 🔔 Thank you for watching and don't forget to hit the like button and subscribe with notifications on! Disclaimer: Certain links on this website lead to products or services that may earn Danny Sully an affiliate commission or referral bonus. As a member of an affiliate sales network, Danny Sully is compensated for directing traffic to partner websites, which may affect the placement or visibility of some products on this site. The information provided in this video is accurate as of its posting date, though some of the offers mentioned may no longer be active. This content is for entertainment only and does not constitute legal, tax, or financial advice. It is for general informational purposes. The presenter is not a licensed professional. Viewers should consult their attorney, accountant, or financial advisor for advice on specific legal, tax, or financial issues.

This video ranks the 10 best investing platforms for beginners. By the end, you'll understand the key features of each and what they're best suited for based on my analysis. - Enjoy! Click below to learn more about each: 1. Fidelity: https://dannysully.link/Fidelity 2. Charles Schwab: https://dannysully.link/CharlesSchwab 3. SoFi: https://dannysully.link/InvestSoFi 4. Webull: https://dannysully.link/Webull 5. Coinbase: https://dannysully.link/Coinbase 6. Interactive Brokers: https://dannysully.link/IBKR 7. Public.com: https://dannysully.link/Public 8. Vanguard: https://dannysully.link/Vanguard 9. Robinhood: https://dannysully.link/Robinhood 10. M1 Finance: https://dannysully.link/M1Finance 💼 How To Build An Investment Portfolio (Free Guide) → https://dannysully.link/PortfolioBuilder Top Financial Products To Consider: 🛠 Personal Finance Tools → https://dannysully.link/FinanceTools 🏦 High Yield Savings Accounts → https://dannysully.link/Savings 🔒 Certificate Of Deposits (CDs) → https://dannysully.link/CDs 💳 Credit Cards → https://dannysully.link/CreditCards Resources: 📚 Free Learning Guides → https://dannysully.link/FreeGuides 🗞️ Free Newsletter → https://dannysully.link/Newsletter 🔑 Patreon (My Portfolio & Exclusive Content) → https://www.patreon.com/dannysully 🎥 Relevant YouTube Videos 🎥 https://youtu.be/Rp2XrMMePv8?si=yMRLiRv17_X3ePtW https://youtu.be/S82pmnU1ZgQ?si=yAXGi4CVoI6fOnuN https://youtu.be/c8x5cTmnB5Y?si=hg0KXwyTesk55syN https://youtu.be/PNwCjlomxrk?si=jPXqS4WTQ58C1k2B https://youtu.be/oZ__IpjDVE4?si=POg2DRUjKueUgKOm https://youtu.be/S82pmnU1ZgQ?si=7-lHYFFC-dMop6q3 https://youtu.be/N_nEHRLRcKQ?si=TfCq49UVV_Yf3C-l https://youtu.be/FQbgBI1Gey4?si=x1s4CtkiMPlORfSE https://youtu.be/GEyok0IzYUE?si=pyDYJdqeRD8Xyo1k https://youtu.be/laVo-5qEaGU?si=U1uqXrwrlgctiXbn https://youtu.be/Noe5rBJhw5s?si=T2u4FAP5wnP80J5t https://youtu.be/nU6UhvuCTAI?si=Qv7fDJde6MA6fbT- https://youtu.be/v-ebnGFTtgU?si=lNKBkAtTpfHuzumt https://youtu.be/fAWccqRCyKI?si=8d6IOagseK7kwjef https://www.youtube.com/playlist?list=PLL80XtVsEZjNEqjqxToAzGHSwvPpWFaD6 ⏰ Timestamps ⏰ 00:00 Intro 01:17 1. Fidelity 03:56 2. Charles Schwab 06:18 3. SoFi 07:44 4. Webull 09:25 5. Coinbase 10:40 6. Interactive Brokers 12:05 7. Public.com 13:27 8. Vanguard 15:25 9. Robinhood 17:03 10. M1 Finance 🔔 Thank you for watching and don't forget to hit the like button and subscribe with notifications on! Disclaimer: Certain links on this website lead to products or services that may earn Danny Sully an affiliate commission or referral bonus. As a member of an affiliate sales network, Danny Sully is compensated for directing traffic to partner websites, which may affect the placement or visibility of some products on this site. The information provided in this video is accurate as of its posting date, though some of the offers mentioned may no longer be active. This content is for entertainment only and does not constitute legal, tax, or financial advice. It is for general informational purposes. The presenter is not a licensed professional. Viewers should consult their attorney, accountant, or financial advisor for advice on specific legal, tax, or financial issues.

This video covers the 6 best growth ETFs to build serious wealth in 2025. I personally own each of these investments, selected based on deep research, key data points, and clear methodology explained throughout the video. Please know the past doesn't guarantee the future, you must make your own financial decisions. Enjoy! 🔎 Free Index Fund Cheatsheet: https://dannysully.link/IndexFunds Top Bonus Offers: 🚀 Webull (Invest): Get free stocks with any deposit! → https://dannysully.link/Webull 💸 SoFi (Checking & Savings): Get up to a $300 cash bonus! → https://dannysully.link/SoFi 💰 Raisin (CDs): Get up to a $500 bonus with code "BOOST" → https://dannysully.link/CDs Top Financial Products To Consider: 🛠 Personal Finance Tools → https://dannysully.link/FinanceTools 📈 Investing Platforms → https://dannysully.link/Investing 🏦 High Yield Savings Accounts → https://dannysully.link/Savings 🔒 Certificate Of Deposits (CDs) → https://dannysully.link/CDs 💳 Credit Cards → https://dannysully.link/CreditCards Resources: 📚 Free Learning Guides → https://dannysully.link/FreeGuides 🗞️ Free Newsletter → https://dannysully.link/Newsletter 🔑 Patreon (My Portfolio & Exclusive Content) → https://www.patreon.com/dannysully 🎥 Relevant YouTube Videos 🎥 https://youtu.be/S82pmnU1ZgQ?si=yAXGi4CVoI6fOnuN https://youtu.be/c8x5cTmnB5Y?si=hg0KXwyTesk55syN https://youtu.be/PNwCjlomxrk?si=jPXqS4WTQ58C1k2B https://youtu.be/oZ__IpjDVE4?si=POg2DRUjKueUgKOm https://youtu.be/S82pmnU1ZgQ?si=7-lHYFFC-dMop6q3 https://youtu.be/N_nEHRLRcKQ?si=TfCq49UVV_Yf3C-l https://youtu.be/FQbgBI1Gey4?si=x1s4CtkiMPlORfSE https://youtu.be/GEyok0IzYUE?si=pyDYJdqeRD8Xyo1k https://youtu.be/laVo-5qEaGU?si=U1uqXrwrlgctiXbn https://youtu.be/Noe5rBJhw5s?si=T2u4FAP5wnP80J5t https://youtu.be/nU6UhvuCTAI?si=Qv7fDJde6MA6fbT- https://youtu.be/v-ebnGFTtgU?si=lNKBkAtTpfHuzumt https://youtu.be/fAWccqRCyKI?si=8d6IOagseK7kwjef https://www.youtube.com/playlist?list=PLL80XtVsEZjNEqjqxToAzGHSwvPpWFaD6 ⏰ Timestamps ⏰ 00:00 Intro 01:09 1. Schwab U.S. Large Cap Growth (SCHG) 05:08 2. Invesco S&P 500 Momentum (SPMO) 06:47 3. Vanguard Information Technology (VGT) 08:15 4. VanEck Semiconductor (SMH) 10:06 5. Avantis US Small Cap Value (AVUV) 12:57 6. Invesco MidCap Momentum (XMMO) What are ETFs? ETFs, or Exchange-Traded Funds, are pretty much a way to buy hundreds to thousands of different assets such as stocks, bonds or commodities, all within one purchase. What is the most popular ETF? According to ETF Database, the largest ETF by assets under management (AUM), is the Vanguard S&P 500 ETF (VOO) that is nearly $700B in assets under management. The S&P 500 is a collection of 500 of the largest publicly traded US based companies, all that's the exposure you get when you buy the ETF, VOO. How do ETFs work? ETFs track an index or a group of assets and aim to replicate its performance. You can buy and sell ETFs throughout the day, during market hours, just like stocks. Why growth ETFs? Growth ETFs offer the ability to remain diversified, be tax-efficient, have a low cost, and with the right ones, historically they have done very well. Please be aware that the past doesn't guarantee the future, you must make your own financial decisions. 🔔 Thank you for watching and don't forget to hit the like button and subscribe with notifications on! Disclaimer: Certain links on this website lead to products or services that may earn Danny Sully an affiliate commission or referral bonus. As a member of an affiliate sales network, Danny Sully is compensated for directing traffic to partner websites, which may affect the placement or visibility of some products on this site. The information provided in this video is accurate as of its posting date, though some of the offers mentioned may no longer be active. This content is for entertainment only and does not constitute legal, tax, or financial advice. It is for general informational purposes. The presenter is not a licensed professional. Viewers should consult their attorney, accountant, or financial advisor for advice on specific legal, tax, or financial issues.

Credit cards can be a dangerous tool, but if used the right way, they can offer significant benefits. In this video, I cover the Top 6 Beginner Credit Card Mistakes To AVOID that could easily save you tens of thousands of dollars over time. - Enjoy! 💳 Top Credit Cards By Category (Free Spreadsheet): https://dannysully.link/CategoriesRanked 🐷 Free Savings Account Mastersheet: https://dannysully.link/SavingsMastersheet 🏦 Top High Yield Savings Accounts: https://dannysully.link/Savings Top Financial Products To Consider: 🛠 Personal Finance Tools → https://dannysully.link/FinanceTools 📈 Investing Platforms → https://dannysully.link/Investing 🔒 Certificate Of Deposits (CDs) → https://dannysully.link/CDs 💳 Credit Cards → https://dannysully.link/CreditCards Resources: 📚 Free Learning Guides → https://dannysully.link/FreeGuides 🗞️ Free Newsletter → https://dannysully.link/Newsletter 🔑 Patreon (My Portfolio & Exclusive Content) → https://www.patreon.com/dannysully 🎥 Relevant YouTube Videos 🎥 https://youtu.be/Zgkbw190zW4?si=duDDzColoprMWdgw https://youtu.be/0_IlZQl_7cU?si=Hfs__5ZFHH6Rnifv https://youtu.be/ZzU2tjfMKxQ?si=K-sK8_AfcOFTujLS https://youtu.be/Lq0WfUlDuyo?si=FZBdPT57HWNjsrjk https://youtu.be/nSYr2Yai0b0?si=-fqz7adS530jpYU8 https://youtu.be/KAfJ8TXoIO8?si=WyytQXgVT2HSieX6 https://youtu.be/MkWg_VOlCwk?si=Bkug4VPsDmQ8FS95 https://youtu.be/zQugVFHt14o?si=QloxSm8981jrw8fl https://youtu.be/tCjPcM2XLHU?si=DYhMl-9eGP30rhga https://youtu.be/Noe5rBJhw5s?si=r_etFnub1fxXcErR https://youtu.be/rEnZPsB-mp8?si=otu7lifMvy3hgjnh https://www.youtube.com/playlist?list=PLL80XtVsEZjNyc-cyIEPVZ8h9CRZ6HYpU ⏰ Timestamps ⏰ 00:00 Intro 01:33 1. Spending More Than You Can Afford 03:57 2. Using Too Much Of Your Credit Limit 06:14 3. Not Using Your Card At All 07:22 4. Applying For New Cards Too Often 08:45 5. Using The Wrong Credit Card 10:47 6. Taking A Cash Advance 11:45 Bonus: Final Tips To Be Aware Of 🔔 Thank you for watching and don't forget to hit the like button and subscribe with notifications on! Disclaimer: Certain links on this website lead to products or services that may earn Danny Sully an affiliate commission or referral bonus. As a member of an affiliate sales network, Danny Sully is compensated for directing traffic to partner websites, which may affect the placement or visibility of some products on this site. The information provided in this video is accurate as of its posting date, though some of the offers mentioned may no longer be active. This content is for entertainment only and does not constitute legal, tax, or financial advice. It is for general informational purposes. The presenter is not a licensed professional. Viewers should consult their attorney, accountant, or financial advisor for advice on specific legal, tax, or financial issues.

The average price of a new vehicle is approaching $50,000, while the median income for those in the U.S. is just below $62,000. With many people spending over $1,000 per month on their car, it's becoming a major drain on both your wallet and long-term financial health. - Enjoy! 🚗 Car Affordability Spreadsheet: https://dannysully.link/CarAffordability 🏦 Top High Yield Savings Accounts: https://dannysully.link/Savings Top Bonus Offers: 🚀 Webull (Invest): Get free stocks with any deposit! → https://dannysully.link/Webull 💸 SoFi (Checking & Savings): Get up to a $300 cash bonus! → https://dannysully.link/SoFi 💰 Raisin (CDs): Get up to a $500 bonus with code "BOOST" → https://dannysully.link/CDs Top Financial Products To Consider: 🛠 Personal Finance Tools → https://dannysully.link/FinanceTools 📈 Investing Platforms → https://dannysully.link/Investing 🔒 Certificate Of Deposits (CDs) → https://dannysully.link/CDs 💳 Credit Cards → https://dannysully.link/CreditCards Resources: 📚 Free Learning Guides → https://dannysully.link/FreeGuides 🗞️ Free Newsletter → https://dannysully.link/Newsletter 🔑 Patreon (My Portfolio & Exclusive Content) → https://www.patreon.com/dannysully 🎥 Relevant YouTube Videos 🎥 https://youtu.be/dBAvOaCaHxk?si=F9bbPHNZiclSAsIV https://youtu.be/P0VLy3lKxyo?si=2Sk-RaAYsTm_FE1n https://youtu.be/jGZ6NRaChmU?si=tWVe46sUMgyXxdUW https://youtu.be/Noe5rBJhw5s?si=5EY9wqk6nEBq7oB6 https://youtu.be/xRRSYKuEyZ4?si=0QJtwM4YJcCrxBiC https://youtu.be/FYvYiLqrSkY?si=RC1va5gtvLxlMTQ1 https://youtu.be/eQXYCIwokR8?si=A4ypOwZzyeHYrxRx https://youtu.be/ooK90vuUsDA?si=gXvsYrJO3G7tF83p https://youtu.be/FQbgBI1Gey4?si=Ekb9ao8mH0Cm-SUB https://youtu.be/Zgkbw190zW4?si=RLxNzrfmTr8uAg-y https://www.youtube.com/playlist?list=PLL80XtVsEZjOJXHxG8HXAozQ3JkDafdnr ⏰ Timestamps ⏰ 00:00 Intro 01:45 The 35% Rule 02:42 Cash Method 03:19 The 20/3/8 Rule 06:11 The 20/4/10 Rule 08:09 Lease vs Finance vs Buy a Car 10:31 Things To Be Aware Of 🔔 Thank you for watching and don't forget to hit the like button and subscribe with notifications on! Disclaimer: Certain links on this website lead to products or services that may earn Danny Sully an affiliate commission or referral bonus. As a member of an affiliate sales network, Danny Sully is compensated for directing traffic to partner websites, which may affect the placement or visibility of some products on this site. The information provided in this video is accurate as of its posting date, though some of the offers mentioned may no longer be active. This content is for entertainment only and does not constitute legal, tax, or financial advice. It is for general informational purposes. The presenter is not a licensed professional. Viewers should consult their attorney, accountant, or financial advisor for advice on specific legal, tax, or financial issues.

Many people believe having a higher salary directly relates to having more financial wealth. But the truth is, if you're not prioritizing your savings rate, someone making a $60k salary can end up with more wealth than someone earning $120k. In fact, your savings rate is arguably the most important financial component on your projected retirement age. - Enjoy! 🐷 Free Savings Account Mastersheet: https://dannysully.link/SavingsMastersheet 🏦 Top High Yield Savings Accounts: https://dannysully.link/Savings Top Bonus Offers: 🚀 Webull (Invest): Get free stocks with any deposit! → https://dannysully.link/Webull 💸 SoFi (Checking & Savings): Get up to a $300 cash bonus! → https://dannysully.link/SoFi 💰 Raisin (CDs): Get up to a $500 bonus with code "BOOST" → https://dannysully.link/CDs Top Financial Products To Consider: 🛠 Personal Finance Tools → https://dannysully.link/FinanceTools 📈 Investing Platforms → https://dannysully.link/Investing 🔒 Certificate Of Deposits (CDs) → https://dannysully.link/CDs 💳 Credit Cards → https://dannysully.link/CreditCards Resources: 📚 Free Learning Guides → https://dannysully.link/FreeGuides 🗞️ Free Newsletter → https://dannysully.link/Newsletter 🔑 Patreon (My Portfolio & Exclusive Content) → https://www.patreon.com/dannysully 🎥 Relevant YouTube Videos 🎥 https://youtu.be/jGZ6NRaChmU?si=at2gC1wF1SSgtpCQ https://youtu.be/xRRSYKuEyZ4?si=V_j8BtauZwvoM6K2 https://youtu.be/FQbgBI1Gey4?si=pAJ-D-vhIM-ZSUVg https://youtu.be/yCzx7Qo8atM?si=ESGxVLTozegfyDc_ https://youtu.be/Noe5rBJhw5s?si=6pJzolNfyjT8Ecjp https://youtu.be/rEnZPsB-mp8?si=zKwMky3KN3mt8nCs https://youtu.be/ooK90vuUsDA?si=-XNcpUN5aT8mXezz https://youtu.be/8W9ndO0vJSA?si=OLw3OqimI2s8RsnY https://youtu.be/4r-oLSenDDE?si=ITgE2d4JGUb0cbxM https://youtu.be/eQXYCIwokR8?si=XyPaJOKkLCIzDmCv https://youtu.be/OprjgqbKUBY?si=giiW4L3ZvJQ0jfTy https://youtu.be/ktpeNzqEVCs?si=kf71JjFOXQkbom7p https://www.youtube.com/playlist?list=PLL80XtVsEZjOJXHxG8HXAozQ3JkDafdnr ⏰ Timestamps ⏰ 00:00 Intro 00:15 Why Salary Isn’t Everything 02:42 $60k vs $120k: The Reality 06:56 Why Your Savings Rate Is Crucial 08:59 Final Tips 🔔 Thank you for watching and don't forget to hit the like button and subscribe with notifications on! Disclaimer: Certain links on this website lead to products or services that may earn Danny Sully an affiliate commission or referral bonus. As a member of an affiliate sales network, Danny Sully is compensated for directing traffic to partner websites, which may affect the placement or visibility of some products on this site. The information provided in this video is accurate as of its posting date, though some of the offers mentioned may no longer be active. This content is for entertainment only and does not constitute legal, tax, or financial advice. It is for general informational purposes. The presenter is not a licensed professional. Viewers should consult their attorney, accountant, or financial advisor for advice on specific legal, tax, or financial issues.

This video covers how hidden factors like taxes and fees can cause your investments to grow much slower than you think. By watching this until the end, you will learn many of the best ways to invest in traditional brokerage accounts (taxable accounts). - Enjoy! 💼 How To Build An Investment Portfolio (Free Guide) → https://dannysully.link/PortfolioBuilder Top Bonus Offers: 🚀 Webull (Invest): Get free stocks with any deposit! → https://dannysully.link/Webull 💸 SoFi (Checking & Savings): Get up to a $300 cash bonus! → https://dannysully.link/SoFi 💰 Raisin (CDs): Get up to a $500 bonus with code "BOOST" → https://dannysully.link/CDs Top Financial Products To Consider: 🛠 Personal Finance Tools → https://dannysully.link/FinanceTools 📈 Investing Platforms → https://dannysully.link/Investing 🏦 High Yield Savings Accounts → https://dannysully.link/Savings 🔒 Certificate Of Deposits (CDs) → https://dannysully.link/CDs 💳 Credit Cards → https://dannysully.link/CreditCards Resources: 📚 Free Learning Guides → https://dannysully.link/FreeGuides 🗞️ Free Newsletter → https://dannysully.link/Newsletter 🔑 Patreon (My Portfolio & Exclusive Content) → https://www.patreon.com/dannysully 🎥 Relevant YouTube Videos 🎥 https://youtu.be/PNwCjlomxrk?si=jPXqS4WTQ58C1k2B https://youtu.be/GEyok0IzYUE?si=NSgtVpI07uqt63WJ https://youtu.be/S82pmnU1ZgQ?si=7-lHYFFC-dMop6q3 https://youtu.be/N_nEHRLRcKQ?si=TfCq49UVV_Yf3C-l https://youtu.be/FQbgBI1Gey4?si=x1s4CtkiMPlORfSE https://youtu.be/GEyok0IzYUE?si=pyDYJdqeRD8Xyo1k https://youtu.be/laVo-5qEaGU?si=U1uqXrwrlgctiXbn https://youtu.be/c8x5cTmnB5Y?si=xb1ITuYNNdt5ff8w https://youtu.be/Noe5rBJhw5s?si=T2u4FAP5wnP80J5t https://youtu.be/VKDQ-vDBBCg?si=aU36FoboFY6Q2jVW https://youtu.be/nU6UhvuCTAI?si=Qv7fDJde6MA6fbT- https://youtu.be/v-ebnGFTtgU?si=lNKBkAtTpfHuzumt https://youtu.be/fAWccqRCyKI?si=8d6IOagseK7kwjef https://www.youtube.com/playlist?list=PLL80XtVsEZjNEqjqxToAzGHSwvPpWFaD6 ⏰ Timestamps ⏰ 00:00 Intro 00:57 Taxes 09:58 Fees 12:01 Summary What is tax drag and how does it affect your investments? Tax drag is caused by taxes on capital gains, dividends, and income distributions that reduce the after tax returns you can achieve. Even without selling, some mutual funds can trigger taxes that lower your overall returns. Over time, this has a huge impact! Should you avoid mutual funds in taxable brokerage accounts? I personally say yes, especially for actively managed or high turnover mutual funds. They can trigger capital gains distributions, creating unexpected tax bills even if you don’t sell your shares. What is the impact of dividends on your investment taxes? Dividends create taxable income. High-dividend funds like JEPI may lead to large tax bills, while growth ETFs with qualified dividends (like SCHG) offer lower tax drag, and more than likely, qualified dividends. If you're looking for a strong dividend fund before retirement in a taxable account, a strong option to research further is Charles Schwabs ETF, SCHD. How much can tax drag and fees reduce my investment returns? A 2% tax drag over 20 years on a $500K investment could reduce your gains by $665K. Add high fees, and it could be even worse. How do expense ratios affect your investments? Expense ratios are annual fees charged by funds. They are automatically taken out over time, you don't have to pay anything separately. Lower ratios (like VOO’s 0.03%) help improve returns, while high ones (like ARKK’s 0.75%) eat into your returns. Index funds have proven to be a superior choice long term by a large margin. What are the best types of investments for taxable accounts? Tax-efficient ETFs that focus on equities such as a total market, large-cap, small cap, mid cap, or growth strategies to name a few. Avoid REITs, bonds, and high-dividend funds unless used strategically and they align with your position. 🔔 Thank you for watching and don't forget to hit the like button and subscribe with notifications on! Disclaimer: Certain links on this website lead to products or services that may earn Danny Sully an affiliate commission or referral bonus. As a member of an affiliate sales network, Danny Sully is compensated for directing traffic to partner websites, which may affect the placement or visibility of some products on this site. The information provided in this video is accurate as of its posting date, though some of the offers mentioned may no longer be active. This content is for entertainment only and does not constitute legal, tax, or financial advice. It is for general informational purposes. The presenter is not a licensed professional. Viewers should consult their attorney, accountant, or financial advisor for advice on specific legal, tax, or financial issues.