If you found this advice useful, please share this with a young person in your life who could use it. There is far too much rubbish advise being dispensed from "thot leaders" who try and peddle shortcuts for cash. There are no shortcuts. Please help support our work by subscribing to our channel. Thank you! ru-vid.com
I am 27 and also a Chinese. I managed to pay of all my debts last month and left with no savings left. I do have my money in stocks and hopefully that would come to the rescue in the next few years. I will plan to start getting back into index funds and start some side hustle jobs. Don't give up guys, be like us. We learnt our lessons from being discriminated from the west in the old days and our parents has been reminding us to be entrepreneurial or else you will die on the street with no one helping you. Even your own relatives are not trustworthy. Money changes people. Don't get blinded by pyramid schemes, MLM or even forex pyramid. If you truly want passive income, invest in Index funds.
Good job. Paying off debts is critically important as a first step. Discrimination is rife on this planet so great to see you're not letting that hold you back. Honestly, the Chinese are probably some of the least likely to complain about discrimination which they often experience in the many countries we've seen them setup shop. From the Pacific Islands to the depths of Africa to the small towns of Eastern Europe you'll find Chinese running shops and restaurants, working their asses off. Really respect that. As you said, your parents taught you those values! Hopefully that culture never changes, and other cultures could use some of those values. "Even your own relatives are not trustworthy." That elicits a chuckle! You can see some auntie saying that in a hushed voice, but true! Yeah, watch out for MLM/Pyramid/binary options and all that. There are no shortcuts. Index funds are a great plan. Great comment, thank you!
The presenter studied there and worked there for a while - in LondonEngland as the Americans say - and picked up lots of the local lingo. Really glad you're enjoying our content!
Love to hear that Adam. We have a large influx of new subscribers and many appear to be newbies and quite young. These days you cannot just ask people to become your faithful customer. You need to teach them something useful. Down the road these are your most loyal customers.
Tremendous content. Such concentration of accuracies about the large corporate environment, much of this is so close to home for me. Very impassioned delivery Joe. I have had first hand of the competitive nature (you used the word fierce) of Indian Engineers, I'll go with incicive and unrelenting. I thought I was killing it with work ethic then I had to turbocharge my tactical outreach up the ladder as they left no stone unturned. They opened my eyes in many ways. By the way, incompetence reigns supreme but the core cohort of those that sustain product/project groups is usually well recognized by those who need them in place. Thanks for another one and Best Regards
I also studied in a program where about 30% of the class were of Indian origin. It turned extremely competitive in a hurry. When you consider how tough it is to get into India's elite schools, it's understandable that this behavior is consistent in the workplace as well. Your comment about key decision makers recognizing cohorts that sustain product/project groups is spot on. They tolerate the incompetence. Competent people can easily recognize incompetence. Glad you enjoyed this piece!
Good video, Joe! Just be careful on the places that you are visiting! You are a great asset for Nanalyze and your audience, and please keep this in mind.
Safety is always paramount! Heavy research and paying very close attention to how you behave and what you're telegraphing to others can reduce risk by a tremendous amount. Appreciate the concern and kind words ;)
Good stuff. I’m doing all of those things, but my health is holding me back. I’m considering moving to a different country for a while and see if they’re healthcare system can help me out. Not sure where yet.
You are welcome. Please share this with others who can use it. We wrote this for the young people who are being told - by a bunch of slouches - that you should only do the bare minimum at work. What sort of poisonous advice is that? "Quiet quitting" they call it. These thot leaders are damaging the futures of our youth.
Really appreciate that feedback. Please pass this on to younger people who might find this useful in a stage of their life where the most impact can be had on future success.
@@Nanalyze Already did that and will continue to do so. I'm a German university student of mathematics myself and content like this confirms my own conclusions for the most part (which is important sometimes as well in a world where that is so rare).
@@James-y7i6d Your original statement implied that a 40-year old Swazi woman immigrated with a son, so then it's really a 40-year old Swazi guy who emigrated with his mother? Got it ;) What is this Swazi fellow's highest level of education?
@@James-y7i6d Joe P. here. So I always tell people this. You have three main desirables when job hunting a) money b) title/status c) geography. This bloke clearly picked geography, so now he needs to maximize for money. The first thing to do is get gainful employment and maximize income. Blue collar, white collar, doesn't matter. Get the maximum amount of money flowing in. There are tons of resources for in the United States for people from disadvantaged places (I've been to Swaziland, I know about the political persecution because they were killing political dissidents while I was there). Hone that story. "Younger Swazi man finally escapes political persecution working construction jobs to pursue American dream and now looks to study an advanced degree" and consider trying to get into some of the better schools. Or, use same story and apply for better white collar jobs which pay more. At that age maximizing income is critical because there isn't a ton of time left to earn. Hussle. Knock on doors, shake hands, pass out hand-written CVs. I'm happy to have a quick chat with this person if you think it could help them, but my advice likely won't change much. You can go to our website and use the contact us form if that makes sense.
You are a funny fellow - commenting 60 seconds after the video goes up. :) Hopefully it meets your expectations. Let us know what you think after watching it!
@@Nanalyze I enjoy how you give multiple perspectives, especially from people outside of the US. I didn’t know Jack Ma had such a hard time getting started but it’s very inspiring! It’s very eye opening to the multiple opportunities found in the States that aren’t given a lot of credit.
Thank you for the feedback. Nearly half our audience (viewers/readers/paying subscribers) are from outside the USA which reflects our focus on trying to produce content from a global perspective. A small contingent of people in the United States do a disservice to young people by lying to them about "barriers" which only exist in their minds. If you want to see what actual barriers look like, go visit the other 193 countries in the world. Instead, we should be encouraging people to work extremely hard when they are young as it will pay dividends in the future. Literally.
@@Nanalyze also a video on rebalancing your portfolio and when it’s appropriate to rebalance would be amazing for us noobies. Transitioning my portfolio into one with less risk is very tricky and not as simple as selling off all the losers and buying winners.
@@someup7786 This is a pretty unique use case - how to pivot portfolios. The short answer is that we always use dollar-cost-averaging. For example, if we wanted to move from Protlabs to Xometry, we would set a time frame - maybe a month - and then every week just sell some of one, and buy that equal amount of the other. Kind of smooths out the market timing. Take small bites over time when transferring assets.
Bit off topic but that's cool. ;) Aside from the last video (here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-8QZt0y0CFU4.html) we haven't looked at Gogoro again. However, it is hugely popular, so we will do an update in 2023.
We cover over 460 tech stocks and 30 dividend growth stocks with a very small team. We revisit companies once a year which we've found an appropriate cadence for long-term investors. (M&A event exceptions apply.) When we revisit a thesis, we spend an entire day (sometimes more) researching for a single article and/or video. That's why our content stands out from the rest. Stay tuned!
Doing the math, you're 33, which means you are about halfway through your earning years. You're so young! We all have these same regrets because few of us did things perfectly. (Those who did are no fun at parties ;) It's what you do today and going forward that matters. Jack Ma founded BABA at 31 yo after failing at everything in life. Open up a spreadsheet, start recording your days and monitoring your goals. Make it happen.
