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10 Things Poor People Never Buy 

Practical Wisdom - Interesting Ideas
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29 окт 2024

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Комментарии : 82   
@vibhorchauhan4073
@vibhorchauhan4073 3 года назад
1)master financial literacy 2) business 3) real-estate 4)stocks and mutual fund 5) crypto currency 6) precious metals (gold,silver) 7)etf(exchange trade fund) 8) travel 9)an audience 10)equity
@Gen-Z-Republican
@Gen-Z-Republican 3 года назад
Number 3,8,9 I don't have yet
@scott_trump47
@scott_trump47 3 года назад
Only assets I have precious metals
@deannahenry8925
@deannahenry8925 3 года назад
@@scott_trump47 good
@vincentortega4284
@vincentortega4284 2 года назад
I don't have 1,5,6,8. Yet.
@Anonymous-wb3nz
@Anonymous-wb3nz 2 года назад
We go to RU-vid to WATCH videos. You do know that right?
@rohei1681
@rohei1681 3 года назад
Useful information doesn't always cost money. For example there is an interesting channel *(Practical Wisdom - Interesting Ideas)* and it doesn't cost anything!
@jamesjazzy8040
@jamesjazzy8040 2 года назад
Wrong: you can be wealthy from a paycheck its called a salary...if you’re on a $1 million salary you’re wealthy from your weekly pay check...
@Jordan392825
@Jordan392825 Год назад
If someone tells you you’re fired and that weekly paycheck goes away, were you really wealthy? Or just rich?
@brandonblahnik6002
@brandonblahnik6002 2 года назад
An easier way to invest in real estate is buying shares in real estate investment trusts (REITs). There are many different REIT companies out there and you can buy shares through a brokerage like a regular stock. They typically have a higher dividend than most stocks so that's a nice stream of passive income for you. Business development companies (BDCs) are another high dividend option you could look into.
@jonathanlopez8982
@jonathanlopez8982 3 года назад
I really like it when you guys don't put music in the background,it's better without noise in the background!
@kevin_brown_dc3423
@kevin_brown_dc3423 2 года назад
"Attention Currency"?!!! Love it! What a great way to look at it.
@ITILII
@ITILII 3 года назад
At 5:48....please tell us which investments consistently have a 10% rate of return for over 30 years. Great advice if you can find how to do it.....a bit like just pick the right 6 numbers in the lottery and you can win a fortune !?
@eunicef1
@eunicef1 2 года назад
S&P500, but only if you combine DCA with lump sum investing during the dips.
@suesmythe4115
@suesmythe4115 2 года назад
loling
@soapshouse9275
@soapshouse9275 3 года назад
TQ Sir GOD bless you and family
@dancalmpeaceful3903
@dancalmpeaceful3903 2 года назад
I"ve seen the benefit of higher education (college) and now....so has my son. You won't make a ton of money initially...BUT, depending on YOUR degree, you will start making higher amounts as time goes on.
@caenterprisellc6922
@caenterprisellc6922 3 года назад
Good list.
@KPad87
@KPad87 2 года назад
That compound interest is real . I made a 41% gain in my 401k from oct 2020 - 2021 .
@jamesjazzy8040
@jamesjazzy8040 2 года назад
It’s also compounding fees from your broker.... call your broker tell him/her you want 100% redemption and tell me what he says...chances are he doesn’t have your money....
@KPad87
@KPad87 2 года назад
@@jamesjazzy8040 it’s from my job TSP federal retirement .
@michelinecaldwell8487
@michelinecaldwell8487 3 года назад
ETF, stock, precious metals,, travel,,equity, Reits
@matthewgarrette2242
@matthewgarrette2242 Год назад
That crypto part at a 6 min'ish mark did NOT age well lol. Oh well who knew.
@inezneal7258
@inezneal7258 3 года назад
I want to start an Asian restaurant with a drive thru window
@Coincollector81
@Coincollector81 3 года назад
So far I'm buying precious metals. I'm working on breaking into to stocks and maybe bonds.
@desertforest2221
@desertforest2221 2 года назад
Gold 🙂
@waelfaraj6705
@waelfaraj6705 3 года назад
There are 1700 millionaires created every day in the USA every day ... Technological development helps create more wealth ...
@inezneal7258
@inezneal7258 3 года назад
So where can I buy gold in Kentucky?
@Leftists_are_Losers
@Leftists_are_Losers 3 года назад
Gold coins are available on line. So are silver, platinum and even palladium. Since you posted that question here, you have internet access. Soooo look for it. Just be careful for scammers
@karleneledgister2193
@karleneledgister2193 3 года назад
Yes I believe God is at work thank you God allows others to help light up our Parth 👍🙏🌞
@joeykenney
@joeykenney 3 года назад
Everything you ever do in life is an investment of some kind: money, time, energy, etc. Make sure you get a good return on those investments
@hazelwears8728
@hazelwears8728 2 года назад
Ok,what if that's all it takes(a business) to become rich, what are all your videos on stocks, bonds,and of the such for? I just saying!
@dancalmpeaceful3903
@dancalmpeaceful3903 2 года назад
I would not recommend being a landlord......watch some of these eviction vids on RU-vid and you'll see what I mean.
@tydavis7186
@tydavis7186 3 года назад
Very good
@DemetriPanici
@DemetriPanici 3 года назад
*"It is not how much we have, but how much we enjoy, that makes happiness." Charles Spurgeon*
@jamesjazzy8040
@jamesjazzy8040 2 года назад
True..the happiest times in my life I was broke... I remember buying a loaf of bread and being happy with all the things I could do with it....
@guitarsandcheesecake1632
@guitarsandcheesecake1632 3 года назад
Got a cash isa and investment isa. Also started buying digital gold........
@bezaleelministry7179
@bezaleelministry7179 3 года назад
Very useful
@supernaturalwealthprovisio8132
@supernaturalwealthprovisio8132 3 года назад
Here's the "road map" to success for the person(s) that watch this video!💯👌
@richsamuel2922
@richsamuel2922 3 года назад
"Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it." -Albert Einstein
@jamesjazzy8040
@jamesjazzy8040 2 года назад
Don’t forget about the compounding fees from your broker.....
@margueritehuggett440
@margueritehuggett440 2 года назад
Where can you find 10% interest? Bearing in mind that 'if it seems too good to be true - it probably is'.
@jonathaneliascruzguardiola9872
Mexico have 10 % interest rate right now .
@derrickricketts7843
@derrickricketts7843 2 года назад
Real real facts bro 👍
@TheRealKevinLau
@TheRealKevinLau Год назад
I was listening until he said invest in cypto😂
@growsinhouseherbiculturali1100
@growsinhouseherbiculturali1100 2 года назад
Audience is the most interesting one.
@DemetriPanici
@DemetriPanici 3 года назад
*“Have nothing in your homes that you do not know to be useful or believe to be beautiful.” -William Morris*
@michaelc5697
@michaelc5697 3 года назад
I’m 19 years of age, and I take heed 💯.
@mashamitchell9574
@mashamitchell9574 Год назад
A house is not a liability. Lol Rich people invest HEAVILY in real estate.
@Ragnar6000
@Ragnar6000 3 года назад
I like your channel but BIG thumbs down for recommending that scammer Dan Lok!
@DaCaptainV
@DaCaptainV 3 года назад
Owning a ©️ is my current claim to wealth.
@motivationbaychannel6891
@motivationbaychannel6891 3 года назад
We'll never achieve anything if we refuse to put in the work. 😉 Let's get to it! It's time for that deep-down, searing, gutsy work that brings change. Too often all I hear are excuses. Let's stop talking and start doing what needs to be done.
@johnhypaull.macate8967
@johnhypaull.macate8967 3 года назад
Thanks
@girldaddividendinvestor
@girldaddividendinvestor 3 года назад
@6:44 natural disasters ain't rare my friend.
@APPMindset
@APPMindset 3 года назад
10 things that poor people never buy so they can stop being poor and start living a wealthy life today.
@jamesjazzy8040
@jamesjazzy8040 2 года назад
Yes poor people usually have a car that costs $30k+ but they rent.....a lot of the time...
@fengmargarette8632
@fengmargarette8632 2 года назад
Crypto :)
@Mr_Francois14
@Mr_Francois14 3 года назад
Dan Lok is a scammer lol
@thawtar682
@thawtar682 3 года назад
I unsubscribed this channel because he referred Robert Kiyosaki and Dan Lok. Bye bye this channel.
@Mr_Francois14
@Mr_Francois14 3 года назад
@@thawtar682 yea both scammers
@khemiztofficial4688
@khemiztofficial4688 3 года назад
just for clarity, why do you say that?
@annaholt1860
@annaholt1860 Год назад
Thanks for letting investors know!
@Mr_Francois14
@Mr_Francois14 3 года назад
You can’t compare a Ponzi scheme to the internet lol
@robloxmamaw4266
@robloxmamaw4266 3 года назад
❤🌍
@jrb1737
@jrb1737 3 года назад
👍❤️
@gabrellelawrence8526
@gabrellelawrence8526 3 года назад
are you real
@thevolatilitywhisperer7616
@thevolatilitywhisperer7616 2 года назад
Did you really just endorse a scammer? Dan Lok?! Not cool. Coffeezilla has gr8 info on scammers. I'm going to assume y'all nvr heard he was, otherwise that'd be fd up
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