Green Cards To Greenbacks

01/07/2023

🌟 Attention all travel enthusiasts! ✈️🌍

Imagine this: your future self, sipping coconut water on a pristine beach, and thanking you profusely for a brilliant financial move. 💼💰

Let's talk vacations and smart investments! 💸💡 Do you set a spending limit for your dream getaways?

Now, here's the game-changer: by cutting down just $1,000 from your vacation budget each year, and **investing** that amount wisely, you could be fast-tracking your way to an early retirement! 🚀💤

Think about it: 1k less on vacations, invested intelligently, can unlock a whole new realm of possibilities and get you closer to financial freedom. 🌟📈

Below is what investing 1k per year for 20 years @ a 7% return will turn into.

30/06/2023

Half of the year is over.

How are you tracking towards your new year Financial goals?

What is the number one move you can make in July to get closer to retirement?

Don't just think about it; schedule it in your calendar.

13/06/2023

¡Hola compañeros inversores! Estoy emocionado de compartir el último episodio de mi podcast Green Cards To Greenbacks, donde me sumerjo en el mundo de la evaluación de acciones tecnológicas. Únanse a mí mientras revelo los secretos para evaluar acciones tecnológicas explorando sus fundamentos subyacentes y valoraciones, y dominen las herramientas esenciales necesarias para evaluar de manera efectiva la exposición de su portafolio a acciones tecnológicas. No se pierdan esta valiosa información para comprender mejor la exposición de su portafolio a acciones tecnológicas peligrosamente sobrevaloradas.

El enlace al episodio está en los comentarios debajo.

12/06/2023

You need to avoid this now more than ever.

FOMO Investing.
Especially in tech stocks right now.
Don't look at what the stock has done; look at the fundamentals.

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Español

Debes evitar esto ahora más que nunca.
Invertir por miedo a perderse algo (FOMO, por sus siglas en inglés).
Especialmente en acciones tecnológicas en este momento.
No te enfoques en lo que ha hecho la acción; fíjate en los fundamentos.

12/06/2023

De acuerdo a Redfin👇

Hay menos casas en venta en todo el país que en esta misma época en 2020, 2021 y 2022.

El factor principal es el aumento de las tasas hipotecarias, que están disuadiendo a los vendedores y provocando un número récord de nuevas listas para principios de junio 👉https://t.co/dBHNvcAq6O

09/06/2023

🎙️ Join me on the latest episode of the "Green Cards To Greenbacks" podcast! 📈💼

🚨 Don't let your retirement portfolio be at risk! 🚨

In this episode, I'm diving deep into the world of tech stocks and their overvaluation. 📉💥 Discover the dangers they pose and how they can impact your financial future.
🔍 I'll examine the current market conditions and reveal the warning signs of overvaluation, drawing parallels to historical markets like the dot com bubble. 📊📉
💡 Gain the knowledge and tools you need to assess your portfolio and make informed decisions. I'll also compare these risky investments to a more passive, broader approach to investing in the market. 🔄🌍

By the end of this episode, you'll have a clear understanding of your portfolio's exposure to tech stocks and whether it aligns with your financial goals. 💪💰
It's time to take control and build a solid foundation for your dreams, rather than relying on a house of cards. 🏰🃏
🎧 Listen now on Apple Podcasts, Spotify, or your favorite podcast platform! 🎧

31/05/2023

Are you looking for the best approach to investing in retirement?

Tune in to this podcast to learn about the key differences between retirement accumulation and income phases and why a mix of value and growth investing strategies can help you achieve a more secure retirement experience.

29/05/2023

As a retiree, are you worried about making the right investment decisions for your retirement portfolio?

In my latest episode of Green Cards To Greenbacks, I discuss the importance of a balanced approach for retirement investments.

Listen now to learn how to achieve a balanced retirement portfolio for better returns.

The link to the podcast is in the comments below.

26/05/2023

You are doing it wrong.

If you are retired or close to retirement, looking at your average rate of return is no longer good enough. In fact, it can create a false sense of comfort.

Listen to this shocking example I give in this clip of my newest podcast episode.

You can listen to the episode by clicking on the link in the comments below.

24/05/2023

Are you letting banks and corporations get wealthy from your hard-earned money?

Find out how to maximize your retirement experiences and avoid the dangers of the "100 minus your age" rule.

👉Head over to greencardstogreenbacks.com to listen to the full episode

21/05/2023

🎙️In this episode, we discussed the importance of looking at your specific portfolio needs to come up with your stock to bond ratio, also known as asset allocation.

🤯We went over a real life scenario to show how using a rule of thumb in your personal financial life can cost you thousands if not millions of dollars.

👉The link to the podcast is in the comments below.

19/05/2023

Are you ready to challenge traditional investment principles and maximize your retirement experiences?

In the latest episode of Green Cards To Greenbacks, I share the "War Chest" methodology for minimizing investment pitfalls and improving financial longevity.

Tune in now to discover unconventional investment approaches tailored to your unique portfolio demands.

12/05/2023

How will your retirement be impacted by bank failures and debt ceiling debates?

👉Stop relying on conventional wisdom and discover the power of building a war chest to manage risk during uncertain times.

🎙️Listen to the newest episode of Green Cards To Greenbacks for expert insights.



You can find a link to the podcast in the comments below.

10/05/2023

I am terrible at publicly celebrating wins.

Pero esta is different.

My little idea of creating a safe place where can learn about retirement planning from someone who understands their cultural background is gaining momentum☺️.

Gracias to all of you who have supported me. I am forever grateful.

06/05/2023

A complete retirement plan does not Ignore👇🏽

Planning for the cost of long-term care.
I have a client who is paying 9K/ month for care.
This is not a joke or something you should ignore.

Click on the link below to learn more about your options and why relying on Medicare is not sound thinking.



https://greencardstogreenbacks.com/the-truth-about-long-term-care-planning-for-a-secure-retirement

Discover the shocking truth about long-term care and the crucial steps you can take to protect yourself and your loved ones in this eye-opening episode of Green Cards to Greenbacks podcast.

05/05/2023

Have you heard that Medicare is enough to cover 👴long-term care expenses? Think again!

👉On Green Cards To Greenbacks, we debunk this myth, exploring the ins and outs of long-term care planning for a financially secure retirement.

03/05/2023

👉What if I told you there's a hidden gem in retirement planning that could make you feel more confident about your financial future?

In the latest Green Cards To Greenbacks Youtube Video, I unveil the power of Monte Carlo simulations and their game-changing role in making better decisions for your golden years.

The link to the video is in the comments below.

28/04/2023

Is your retirement plan the most accurate?

Discover groundbreaking research in my latest Green Cards To Greenbacks episode, where we explore the different types of Monte Carlo simulations and why most retirement plans are using the worst-performing method. Transform your financial future with this data-driven method!

You can find the podcast anywhere you listen to your podcast.

17/03/2023

⏰Episode 25 is out.

Feliz viernes mi gente!

After years of practicing law but not feeling fulfilled, Ruiz found a creative outlet in travel writing, leading to an unexpected full-time career.

"When I was sitting in my office, I guess a cozy enough office, but just surrounded by degrees and doing the same kind of thing, I didn't really feel invigorated by the perfection. And even in my worst moments of traveling, when everything's gone wrong, I still never regretted a trip. I was still there, happy that I had taken that initiative, that step that I've seen something new. I knew I never regretted those memories."

Jen Ruiz is a travel writer and influencer with over 250,000 followers on TikTok. She has made a successful career transition from practicing law to becoming a full-time travel writer and content creator.

Jen Ruiz had been a lawyer for five years, but was looking for a creative outlet. She started a blog, became a travel writer, and got her first assignment when one of her articles went viral. The assignment opened the door to comped travel, self-publishing, and monetizing her own website. Jen's enthusiasm for travel inspired her to make it her career, and she learned how to monetize her writing and content creation skills. She hustled hard, sending a high number of pitches, meeting editors and PR reps, and creating content. In the end, her hard work paid off, proving that there is no magic button to success.

In this episode, you will learn the following:
1️⃣. How to transition from practicing law to being a full-time travel writer and content creator.
2️⃣. Strategies to monetize writing and content creation skills.
3️⃣. Tips and advice for attending travel conferences and applying for press trips.

14/03/2023

Very few people know about this FDIC trick.

Scroll down for the Spanish version

🥸 Did you know you can maximize your FDIC insurance coverage by changing the ownership of your accounts and adding beneficiaries?

👇🏽Here's how it works:

FDIC insures up to $250,000 per depositor per account ownership category.

So, if you have a joint account with your spouse, you can be insured for up to $500,000!

But what happens if you have more than 500,000 in the same bank, are you out of luck?

Nope, not at all.

You could consider opening individual accounts or adding beneficiaries or even using your trust.

Let's go back to the example above, we keep the same account but we add 3 beneficiaries. Now, the coverage goes from $500,000 to $1,2500,000.🤯

What if you don't have 3 beneficiaries?

No problem, you could open 2 individual accounts, add a beneficiary to each account, and keep your joint account. This action alone would increase your coverage to $1,500,000.✅

A great way to brainstorm ways to maximize your FDIC coverage is to use the FDIC EDIE tool.

Or you can avoid all this mess by purchasing Treasury Bills.

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Spañol

Muy pocas personas conocen este truco del FDIC.

¿Sabías que puedes maximizar la cobertura de tu seguro del FDIC cambiando la titularidad de tus cuentas y agregando beneficiarios?

Así es cómo funciona:

El FDIC asegura hasta $250,000 por depositante por categoría de propiedad de la cuenta.

Entonces, si tienes una cuenta conjunta con tu cónyuge, ¡puedes estar asegurado hasta $500,000!

Pero, ¿qué sucede si tienes más de $500,000 en el mismo banco? ¿Estás sin suerte?

No, para nada.

Podrías considerar abrir cuentas individuales, agregar beneficiarios o incluso usar tu fideicomiso.

Volviendo al ejemplo anterior, mantenemos la misma cuenta pero agregamos 3 beneficiarios. Ahora, la cobertura pasa de $500,000 a $1,250,000.

¿Qué sucede si no tienes 3 beneficiarios?

No hay problema, podrías abrir 2 cuentas individuales, agregar un beneficiario a cada cuenta y mantener tu cuenta conjunta. Solo esta acción aumentaría tu cobertura a $1,500,000.

Una excelente manera de brainstormear formas de maximizar tu cobertura del FDIC es utilizar la herramienta FDIC EDIE.

O puedes evitar todo este lío comprando Bonos del Tesoro.

13/03/2023

And just like that, everyone who had money with the failed bank SVP will be made whole, even if their deposits were over the amount of insurance.

This is an extraordinary step taken by the government, which is not guaranteed to happen in the future.

Tomorrow, I will post about a strategy we can all use to maximize the FDIC we all get at the institutions where we bank.

As a side note, I believe the American people deserve answers from the executives who ran this bank and who sold stocks a few days before the bank failed.

----- Español

Y así, de repente, todos los que tenían dinero en el banco fallido SVP serán completamente compensados, incluso si sus depósitos superaban el monto del seguro.

Este es un paso extraordinario tomado por el gobierno, que no está garantizado que vuelva a suceder en el futuro.

Mañana, publicaré sobre una estrategia que todos podemos usar para maximizar el seguro FDIC que obtenemos en las instituciones donde tenemos cuentas.

Como nota aparte, creo que el pueblo estadounidense merece respuestas por parte de los ejecutivos que dirigieron este banco y vendieron acciones unos días antes de que el banco fracasara.

https://amp-cnn-com.cdn.ampproject.org/c/s/amp.cnn.com/cnn/2023/03/12/investing/svb-customer-bailout/index.html

In an extraordinary action to restore confidence in America's banking system, the Biden administration on Sunday guaranteed that customers of the failed Silicon Valley Bank will have access to all their money starting Monday.

10/03/2023

Bunos dias mi genete, In episode 24👇

Maribel Francisco, a first gen Latina who grew up in an undocumented household in the United States, strives to build financial security for herself and her community through investment and financial literacy, despite the seemingly impossible challenge of doing so without a Social Security number.

"No matter your immigration status, you can become a millionaire and retire comfortably with the right financial knowledge and resources."

Maribel is the creator and founder of Our Wealth Matters, a social platform dedicated to educating the immigrant community in the US about personal finance. She has a background in being an income tax preparer and works to provide resources to undocumented people.

Maribel was born in the United States, but her parents were undocumented immigrants. After learning about personal finance and the financial independence movement, Maribel realized there were ways to become financially independent even without a Social Security number. She researched and found companies that would accept an ITIN and began to share her knowledge with the immigrant community to help them achieve financial success. Maribel was driven by her own traumatic experience of living in the streets with her mother after her father was deported. She wanted to help other immigrants achieve financial stability and avoid similar situations. She opened a bank account and invested in the stock market, and now she helps others do the same.
In this episode, you will learn the following:

1️⃣. How can an undocumented immigrant in the US partake in personal finance and wealth-building opportunities?
2️⃣. What is an ITIN, and how does it enable financial opportunities?
3️⃣. How can an undocumented immigrant legally earn money in the US?

05/03/2023

Feliz día mi genere.

In episode 23 we demystify the complexities of a tax return with Sonia Castelan

Sonia Castelan, AFSP is a first-gen Latinx tax professional with over 8 years of corporate experience. She helps the Latinx community gain financial confidence and minimize their taxes by incorporating tax strategies to keep more money in their pockets and expand their financial portfolio.

In this episode, you will learn the following👇🏽

1️⃣) We will use a sample tax return to break down the ifferent areas you should be familiar with and understand.
2️⃣) We will cover how profits from a business flow through to your personal return.
3️⃣) We will also cover some common missed opportunities so you can save money in the future.

👉🏼 This episode is best consumed on YouTube as we did a screen share.

Let us know if you have any questions 😉

In episode 23 we demystify the complexities of a tax return with Sonia CastelanFor full ...

28/02/2023

Hola mi gente, here is my latest podcast episode.
In this episode of The Green Cards To Greenbacks podcast, Nestor Vargas, the Latino Money Man and certified financial planner, takes listeners on a journey to uncover investment strategies and techniques to reduce their tax bill, improve their portfolio, and ultimately, make those greenbacks.
Here’s what I cover:
👉1️⃣. Uncovering strategies to reduce your tax bill while investing.
👉2️⃣. Leveraging capital loss harvesting and capital gain harvesting to maximize your portfolio.
👉3️⃣. Exploring tax distribution management to minimize taxes

Nestor Vargas immigrated to the US by himself at age 7. Born in Colombia to a family of merchants, he made the decision to develop superior money management skills. Green Cards To Greenbacks Is A Podcast Where Financially Successful 1st Generation Immigrants Reveal The Steps They Took To Avoid Low-P...

27/02/2023

How are your dinero new year resolutions going?

Do you need an accountability partner?

Don't go another year feeling anxious about money .

👉🏼 hit the link in my bio to learn more about that Para Adelante financial planning package for Latinos and Latinas.

25/02/2023

A proper estate plan is always recommended but in that meantime consider taking a few steps towards protecting your family.

22/02/2023

I'm sick of mi gente getting sold a bunch of basura products and not getting quality help with their dinero.

I have been working bien fuerte to create a financial planning package for you and im so excited to officially announce it.

👉🏼Click on the link in my bio to learn more. Don't delay as pricing *will* go up by $1000 soon.

21/02/2023

Hola mi gente, assigning and updating beneficiaries on all of your accounts, including your savings and checking accounts is an easy step to take care of your family.

Leave a comment if you have done this recently 👇🏽

20/02/2023

To all my Latino parents. Do your familia a solid and get your estate documents in order.

19/02/2023

Are you looking for ways to ensure your family will be taken care of in the future?

Estate planning is critical to ensuring your family’s future is secure. Taking the time to plan ahead can provide peace of mind and help ensure your wishes are honored after you’re gone or will you are incapacitated.

It doesn’t have to be a complicated process either; with the right guidance, you can ensure your loved ones are provided for in the best way possible.

Here's what I cover:
1️⃣What steps can you take to improve your estate planning approach without an actual estate plan?
2️⃣What is a trust, and why is it important for everyone, not just the wealthy?
3️⃣How can you implement estate planning strategies, such as setting up a trust and assigning beneficiaries, to protect your family?

Nestor Vargas immigrated to the US by himself at age 7. Born in Colombia to a family of merchants, he made the decision to develop superior money management skills. Green Cards To Greenbacks Is A Podcast Where Financially Successful 1st Generation Immigrants Reveal The Steps They Took To Avoid Low-P...

13/02/2023

A novice investor's journey to financial freedom begins as they discover the power of the stock market, but they must first navigate the risks, fees, and complexities in order to build a successful and secure investment portfolio.

👉Here's what I cover in this video.
1. Types of investments.
2. Is volatility the true risk when investing?
3. What are the common investment types, costs, and considerations?

I’d love to hear how you apply the information I provided this blog post.

👇Leave me a comment or drop any questions you want me to answer!

⏰Here is the link to the article
https://greencardstogreenbacks.com/building-wealth-understanding-investments-fees-risk/

03/02/2023

Financial planning can be a daunting task, especially when you don’t know where to start.

You want to make sure you’re making the best decisions with your money, but it’s hard to figure out what steps to take without professional guidance.

I'm opening my calendar for free 30 minute optimization meetings.

schedule a complimentary strategy session to work on your financial life .

But you have to act my Monday.

1 Latina has already acted, only 4 spots left!

21/01/2023

What is an asset? According to Robert Kiyosaki, an asset is something that generates passive income for you right now

So, is your home an asset?

Probably not.

In this video, I explain how you can get creative with your finances so you can start building a path toward financial freedom.

In this week's episode we're going to talk about 2 ways to achieve financial freedom faster and the difference between net worth and self-worth statements.Jo...

10/01/2023

This is importante ⚠️

Zoom into our goals so you know where to start.

Do it with a friends or a coach that you can trust to hold you hand through this process.

Watch the latest episode with Harry Lopez by clicking the link in bio 🔗.

Text DINERO to 55444 for useful money tips . . . . .

09/12/2022

09/12/2022

28/11/2022

En el tercer episodio comencé a hablar de cómo es que podemos utilizar o pensar este mercado financiero del mercado de acciones que está bajo.

Hay un truco mental que yo le digo a mis clientes con 12 años de asesorar gente 👉 escuchalo en el último episodio "Los tips más importantes de los últimos episodios (en español)"

Mira el episodio completo haciendo 👉 link en bio 🔗 o https://youtu.be/a4jDF__hnpQ

Text DINERO to 55444 for useful money tips

25/11/2022

Jen Hemphill es colombiana y se especializa en ayudar a gente con cuestiones de finanzas personales y en presupuestos.

1️⃣ Ella lo primero que dice para hacer un prespuesto en pareja es entender los gastos de esa persona.
2️⃣ La segunda, ¿Cuáles fueron las cosas que funcionaron y cuáles no?
3️⃣ Y lo más importante, ¡la disciplina!

¿Cómo llevas tus finanzas? Dejamelo saber en los comentarios 👍

Mira el episodio completo 👉 link en bio 🔗 o https://youtu.be/a4jDF__hnpQ

Text DINERO to 55444 for useful money tips

23/11/2022

En el episodio de esta semana haremos un resumen en español de los últimos episodios que publicamos en inglés. Hablamos con Oscar García, Jen Hemphill e hicimos un episodio especial sobre la situación actual del mercado. ¡Espero que les guste!

Escuchalo completo este viernes 25/11 👉 "Los tips más importantes de los últimos episodios (en español)"

Text DINERO to 55444 for useful money tips

22/11/2022

By selling your S&P 500 investment to buy something similar you'll achieve 2 things:
- Lock in those losses that you can later use to offset gains in the future.
- When the market returns, your portfolio returns stronger.

What is your strategy?

Episode out now "How To Invest When The Stock Market Is Down" 👉 available on all your favorite platforms.

Text DINERO to 55444 for useful money tips