These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise.
Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.
@@freedomisEexpensive-08 the mkt has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.
1. Negotiations 2. Leadership 3. Adaptability 4. Networking. It's about building connections, building more of a web of influence, building relationships 5. Time management 6. Sales and branding. In this world, you either selling or being sold to. 7. Resource management. Bedrock to economic supremacy. 8. Problem-solving and game theory 9. Discipline and conscientiousness 10. Emotional intelligence 11. Incredible intuition. Intuitive mind is a sacred gift and the rational mind is a faithful servant. -Albert Einstein 12. Outstanding communication 13. Learning agility 14. Passion and determination 15. Technical skills
Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. It’s not much different from bond investing. The way I see it if you have a $1 million at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...
It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
@@jameswood9772 Over the following 3 months, I want to increase my reserve from $280,000 to at least $550,000. I would be grateful for any advice you can give on how to accurately predict the market and how to diversify and balance my portfolio in order to accomplish my goal.
@@jessicamoore3093 I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with " *Lisa Angelique Abel* " for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
@@jameswood9772 Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy. The ETF/Equity market keeps swinging.
@finestbearhug2951 The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my port-folio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
@@graceocean8323 I've been looking at comparable opportunities in the current market because I know a lot of people who made fortunes from the Dotcom crash and the 2008 crash. Could this consultant who helps you be of any assistance?
I've been consulting with SALVATORE FORTUNATO SOFIA, a financial consultant whom I learned about and got in touch with thanks to a Kiyosaki radio interview she was featured on. Since then, she has served as the point of entry and departure for the equities/stocks we have emphasised. A search using her name on the internet can be done if tracking is necessary.
@@graceocean8323 She appears to be a true authority in her profession. I looked her up online and found her website, which I browsed and went through to learn more about her credentials, academic background, and career. She owes me a fiduciary duty to act in my best interests. I set up an appointment to use her services.
Despite the fact that I invest, I am saddened by my inability to evaluate each company's performance and determine whether or not this is the ideal time to purchase stocks. My monetary stockpile is being depleted by inflation. At this stage, I need accurate market trajectory data, but I'm not sure what to do.
Particularly in this weak market, there are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.
Prior to the pandemic's severity, I managed my investments proficiently, but in the post-pandemic phase, my portfolio consistently showed losses, with profits declining significantly; however, after seeking guidance from a coach featured in Business Week, my portfolio was restructured, resulting in an impressive growth from an initial $210K to over $850K in the past couple of years.
@@maryHenokNft I've been thinking about going that route. I have a lot of stocks that I have maintained, but they are beginning to lose value, so I'm not sure if I should hold onto them or sell them. I feel hiring your investment coach would make it easier to restructure my portfolio.
Do your homework and choose one that has strategies to help your portfolio grow consistently and steadily. *Mary Onita Wier* is responsible for the success of my portfolio, and I believe she possesses the qualifications and expertise to meet your goals.
I lost a huge chunk of my portfolio while holding some coin last year,i also tried trading myself same losses. Pls are there any way I could make profits from the crypto market? I'm sick of holding
Wow you know mrs aliyah fx Jessica, She also trades for me too.. She helped me grow my crypto portfolio from $5k to $50k within three months she's incredible.
@dorisjudith728 Most people believe that investing in crypto is all about holding till it rises, but in reality, this takes a lot of time and it's risky over the long-term. The dip last year would give you an idea of how the markets can change against your favor at anytime. Working with Mrs Aliyah fx Jessica made me believe that when you hold, you stand a chance of losing it all to unexpected dips. So rather than simply holding, I trade crypto under her expertise.
We need to hold the government accountable for the suffering I pray for our country, we need compassion for the American people! I appreciate Geneva Imagine investing $1000 and receiving $10,350 in few days
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life
You're absolutely right, to be a successful in life required not only hard work but awareness and sometime opportunity at the moment, investment remains the best way to start.
@larryphilip-mg9fjyeah investment is the key to sustaining your financial longevity but venturing into any legit investment or business without a proper guidance of an expert can lead to great loss too.
Keep debt to a minimum. Cut expenses. Develop healthy habits like consistently saving money at regular intervals for investments to help you build wealth. If you work on this, your financial potential will grow exponentially. There are numerous opportunities to make money on the financial market. With the assistance of my advisor Susan Kay Mack, I was able to earn my first million dollars through passive investment in a variety of assets.
Impressive!! Also, I did read about Susan Kay Mack on the web, I was able to find her webpage and leave a mail. I'm willing to make consultations to improve my portfolio
To obtain financial freedom, One most either be a business owner, an investor or both, generating passive income, particularly on a weekly and monthly basis. that's the key to living financial stable life. I pray that anyone who reads this will be successful in life,,
To attain financial independence, you need the experience of a financial consultant to achieve your goal. The Rich ones seek consultants to help grow their finance but claim to attain success themselves.
I engage in various lnvestments through proper planning and guidance from my financial consultant and have so far acquired great returns on lnvestment (more than half a million). 🥂
To get more details about my consultant ( ISABELLE CHLOE SCOTT ), do internet research with her full name above, where you can get in touch and write her. Give her experience a try and walk to success.
Tnx for this info, I just looked up your investment ProfessionaI and found her web page. Her experience is pretty impressive. I wrote her and I'm waiting on her reply.
Me too. It's a holiday here in Canada and I am glued to my computer since 11:00 am by watching stock investing videos and by reading articles about it. Today is my day 1 too.
@@LifeOdysseyMotivation much love to you from the USA. I believe in you. Don’t stop even when you reach your goals just keep going and ignore the hate.
My favorite billionaire is Elon Musk. For his incredible productivity. Dealing with so many large projects at once. Focus on delivering yearly very signifcant progress on his goals. Willingness to do projects that can make a difference for humanity. Self-assured personality that doesn't let him be moved by every criticism. Well humored and likable personality.
Kylie Jenner. Because she became a billionaire at the age of 21. That made me realize that if you have the right resources and money to implement your ideas you can be too.
The inventor is not a billionaire, the innovator is also not a billionaire but the person who manages these two is the billionaire. A prospective billionaire can start his or her career through a new idea, then move quickly to innovate their idea and finally landing in a position where they control new ideas.
wrong! Mark Zuckerberg is an innovator and inventor along with his team. Now he is a billionaire. There are so many inventors and innovators who are now billionaires.
Saygin Yalcin is a billionaire who has inspired me over the years with his inspiration come up story, trying to pitch his business ideas while having to ask one of the girls working for the company to borrow money so that he can survive the next couple weeks. A few year later he ran into that girl after he had already become a billionaire. Don’t limit your future with your current situation. Things can change very quickly in your life if you dream big and put the work in.
Putting well-earned money into the stock market can be over emphasize for first time investors,unlike a bank where interest is sure thing! Well, basically time are uncertain, the market is out of control,and banks are gradually failing. I'm working on a ballpark estimate of $5m for retirement, and I've a good 6 figure loaded up for this, could there be any opportunity a boomer like me?
There are a lot of strategies to make tongue wetting profits especially in a down market but such sophisticated trades can only be carried out by proper market experts.
That’s true , I’ve been getting assisted by Jessica Katherine Ellis for almost a year now , I started out less than $200k and I’m just $19,000 short of half a million in profits.
Alun musk, Warren buffet, Bill gates, Henry Ford and lary page n sergei brin Alun musk is a mixture of a critical thinker , a philosopher and a inventor, an engineer and a scientist who believe in and concern about future of human being and future of humanity in the creation. Warren buffet is a most influential personality in stock market. Bill gates iaunched user friendly disk operating systems and programs for official work. Henry Ford launched and manufacture automatic cars at a massive scale.
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
I read a report by Northwestern Mutual on the same topic and found that if I choose to put a lump sum into solid investments, I am more likely to have a higher balance over time. Being a novice at the time, I saw that as a queue to get into the market. That was quite the turning point in my finance.
@SkypufferAs I said, I was a novice when it came to trading before I got to know an astute Investment analyst, Herman W Jonas, who is guiding me through the process. I put in $30k as capital spread across stocks(etfs, index funds,) and forex with his guidance and I’ve made a return of $103k within the trading span. I'm slowly but perfectly building my portfolio by putting money into the market at a consistent pace.
That idea is applicable in all aspects of life. With experienced hands, you generally, get things done more efficiently. Smart people know this already.
I used to be frightened to take risks which was a “safe”, but you know with the market, it's low risk, low returns. But with Herman’s dynamic approach using risk management, I've recorded tremendous growth in roi.
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
Well I once knew someone who coached billionaires (or so I was told). This person told me that the often very successful people live very boring lives, because every day they spend many hours doing the same thing over and over to get just a little better and better, so that this compounds into huge skill. But you have to be able to be predictably boring on a routine every day.
@@clrmentinethat’s ok you have that choice, no one is making you. People will choose what’s best for them. Maybe you are happy with some abundance and family life will be your riches, which is very rewarding. Look at Trump and his family ethics for one example. My favourites are those who put family first in everything, including building wealth.
My favorite billionaire would be Howard Hughes....the man dedicated his life (literally) to something he loved to do. Test flying airplanes himself, setting new world records, finding & innovating new medicine & cures at his medical institution, a filmmaker. Also, I would like to add to that eccentric list of billionaires are Bruce Wayne & Tony Stark because...let's be honest who wouldn't want to be Iron Man & Batman? Who were also inspired by Howard Hughes.
Also mark Zuckerberg of facebbbok metaverse, samual watson of Walmart, jaf bejos of Amazon ,wright brothers, James watt, Andrew Carnegie, Napoleon hill, Dale Carnegie, norman wincent peal, Rockefeller, Neil Armstrong, kalpana chawla, Sunita Williams,major dhyaancha🎉nd, pale, Gary sobers, Mahendra singh dhoni and Elina devia from Bandung Indonesia, Sefali verma influenced me.
The rich are money minded. That is one thing I learnt from the start. I have always wanted to build wealth. I have set out $167k that I had been saving since 2020, and I want to put it in the stock market so I can grow my wealth. Any recommendations?
It is really good that you do. I know a lot of people who have made a lot from the stock market. But you need to spend a lot of time studying the market if you want to be a pro, or you use a stock advisor who really knows what they are doing.
For real, people underestimate how much they can rake in from the stock market. Started with $127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than $86k within just five months of starting, and it's been an awesome ride since then.
This is something I've heard of severally, but I just don't know how to find an advisor. If you'll be kind enough, can I ask who your financial advisor is?
The thing is that I really don't like making such recommendations. But there are many freelance wealth managers you could check out. I have been working with ''Helene Claire Johnson'' for about four years now, and she's made decent returns. If she meets your discretion, then you could go ahead.
Thanks a lot, man! Definitely gonna check her out. I have an existing portfolio. Do you think she could help me manage that? I've been in the red for a while now.
JOHN D ROCKEFELLER!!!!!! OIL/ JOHN PAUL GETTY!!!!!!! MOVED THE OIL OVER SEAS/ AND ELON MUSK!!!!!!!!!! PERFECTED BATTERY POWER IN CARS AND HOUSES!!!!!!!!!!! ENERGY BABY!!!!!!!! THATS WHERE ITS AT!!!!!!!!! JESUS IS LORD!!!!!!!!!!!!!
Don't throw shade, alux's researches are not like any other motivational channel, their research is top notch quality !. They may not be billionaires themselves but are creating billionaires in us. We are happy with the content they provide and I do pray for the alux company to keep growing so that it keeps providing even better quality education we have been getting from it over the past few years.
Honestly...its actually a solid line of thought because it would make a lot of sense to get hard advice from someone who knows what they are saying...take for example "getting advice on how to lose weight from an overweight dude" it just wouldn't make sense. I want to believe the top people are in the Million or Billion category unless other wise, their videos show they put in alot of work to have them done. As a place to inspire, i think it wouldn't hurt for Alux to show that top management is in the Mill or Bill category 🤷♂.
I'm obsessive of my life about these there's so many challenges will going in our mind perhaps we need to confront the new challenges and obstacles and besides we need to stimulate our brain and to use more precise especially our mindset and thinking is the most valuable work because of what we think that's what we control however we need more power to think usefully to get the billionaires...
Actually Elon mentioned in several interviews he studied to be a rocket engineer and was involve in building it....just thought u might want to know that
The economy is crashing for the middle class peasants, not the rich elitists, they are not suffering at all and life goes on as normal for them, When are people going to realize that??🇺🇸🇺🇸 "Anyone who is not investing now is missing a tremendous opportunity." Imagine investing $1,500 and receiving $9,300 in 3 days profits. Ms Zielinski She's the best.🇺🇲🇺🇸
Ms Zielinski's success stories are everywhere, No doubt her service is very good, i also invested $2000 after some referrals here some time ago, and got $11,700 in 3 days, Her analysis is awesome.
Exactly, I also just started with Kathy Zielinski and with just $2,000 l've already gotten up to $10,100 from her company in just 3 days with her, her strategies are really mind blowing.
I am also a proud beneficiary of Ms Kathy Zielinski! I built my portfolio massively and am still building. Started with a RU-vid referral just like this and a few thousand. Now I'm up on the bottom line.
I hear people asking if this is the right time to invest because the market has always been and always will be a volatile market. Imagine $1500 makes $9300 in 3 days with the help of Ms Kathy Zielinski. That's why it is important to have proper research, analysis and strategy when investing.
My fave billionaires Amancio ortega Sheldon adelson Andrew Carnegie Elon musk Navin jane Warren buffet John d Rockefeller Donald trump Henry sy Gokongwei Lucio tan Lucio co
Don't forget LUCK. You have to be VERY lucky to become a billionaire. Each billionaire had at least a dozen big breaks and if one of them did not happen, they would not have become a billionaire.
When you talk of luck, then the results will not be reproducible. But with the skills Alux listed, there's a high chance of being successful without being lucky.
@@johnsonhamster I wouldn't even say high chance. Most millionaires already got those skills already. There are only around 2500 billionaires worldwide.
Kylie Jenner. Because she became a billionaire at the age of 21. That made me realize that if you the right resources and money to implement your ideas you can be too.
