18 Most Dangerous Financial Products On The Market
Tae Kim - Financial Tortoise 18:06
102,829 views · 3,226 likes Watch on YouTube ↗
► Checkout SoFi - Get up to 4.20% APY, pay no account fees, and earn up to $300 when you sign up and set up direct deposits. Terms apply: https://sofi.com/tae
► Download Your FREE PDF Companion Guide: https://financial-tortoise.kit.com/59d4300d1c
► The Financial Tortoise Community: https://financialtortoise.com/community
Timecodes:
0:00 - Intro
0:10 - Credit Cards
1:07 - High-Fee Checking and Savings Accounts
1:54 - Try SoFi
3:11 - HELOC
4:14 - Adjustable-Rate Mortgages (ARM)
5:04 - Reverse Mortgages
5:48 - Cash-Out Refinancing
6:35 - 401k Loan
7:46 - FREE PDF
8:01 - Student Loans
9:21 - Small Business Loans
10:01 - Rent-To-Own
10:45 - Low-Down-Payment Car Loans
11:33 - Low Payment Car Leases
12:18 - Actively Managed Funds
13:05 - Single Stocks
14:02 - Unnecessary Investment “Add-Ons”
14:45 - Fancy Real Estate Deals
15:54 - Annuities
17:03 - Cash Value Life Insurance
------------
FAVORITE TOOLS:
► SoFi - https://sofi.com/tae
► Aura - https://aura.com/financialtortoise
► Shortform - https://shortform.com/taekim
► Squarespace - https://squarespace.syuh.net/financialtortoise
► Empower - https://empower.sjv.io/financialtortoise
► Monarch - https://financialtortoise.com/monarch
LINKS:
► Get My Weekly Newsletters: https://financialtortoise.com/newsletter
► Favorite Books: https://financialtortoise.com/bestbooks
DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.
► Download Your FREE PDF Companion Guide: https://financial-tortoise.kit.com/59d4300d1c
► The Financial Tortoise Community: https://financialtortoise.com/community
Timecodes:
0:00 - Intro
0:10 - Credit Cards
1:07 - High-Fee Checking and Savings Accounts
1:54 - Try SoFi
3:11 - HELOC
4:14 - Adjustable-Rate Mortgages (ARM)
5:04 - Reverse Mortgages
5:48 - Cash-Out Refinancing
6:35 - 401k Loan
7:46 - FREE PDF
8:01 - Student Loans
9:21 - Small Business Loans
10:01 - Rent-To-Own
10:45 - Low-Down-Payment Car Loans
11:33 - Low Payment Car Leases
12:18 - Actively Managed Funds
13:05 - Single Stocks
14:02 - Unnecessary Investment “Add-Ons”
14:45 - Fancy Real Estate Deals
15:54 - Annuities
17:03 - Cash Value Life Insurance
------------
FAVORITE TOOLS:
► SoFi - https://sofi.com/tae
► Aura - https://aura.com/financialtortoise
► Shortform - https://shortform.com/taekim
► Squarespace - https://squarespace.syuh.net/financialtortoise
► Empower - https://empower.sjv.io/financialtortoise
► Monarch - https://financialtortoise.com/monarch
LINKS:
► Get My Weekly Newsletters: https://financialtortoise.com/newsletter
► Favorite Books: https://financialtortoise.com/bestbooks
DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.
Category (YouTube): Education
Playback is via YouTube's official embedded player. Data from YouTube; Exumo is not affiliated with YouTube.