yes and people already got prison for the dna sites.... just pure bliss.... i have nothing to hide but i still use windows and clothes... and in this case, i find it amazing they can do anything they want with your dna or data.....
It's even worse than that! 23&me's data was stolen by hackers... The company claimed that it was a credential stuffing incident rather than a breach into their systems.
This logic lines up, but… you need to be a high earner to make everything move proper (which Andrew states) You won’t build wealth quickly via dividends therefore, you need to have real funds to allocate into that strategy. Dividend investing traditionally speaking is sort of known as the slow consistent grind towards retirement for “normal earners”
I'd really love to see a similar video in 20 years and another one in 40 years. I'm wondering how your perspectives will change. It seems as if your whole focus is on money: How to earn more? How to invest what you earned? How to avoid taxes? Both in your private life AND your business. Even the question where you live is decided based on taxes (Also the idea of people being of higher level and others of lower level and spending money to gain higher levels...is...interesting :) - buy maybe I misunderstand this part) Anyway I'm wondering whether you might wake up one day and feel like having wasted the most productive time of your life thinking mostly about money. I wish you won't! PS: In terms of disagreeing Warren Buffet: He's 93 years old, spent his life doing what he absolutely loves and is extremely successfull in. Hard to disagree on anything he says ;)
You touched on a variety of deep psychology in this. The mental framework of elevating yourself in specific ways, the psychology of entrepreneurship, etc. Love it. Thanks Andrew!
As a French, I find is quite odd the way Americans pronounce "entrepreNOURS" which is a french word... its actually pronounced as its spells entrepre NEURS
Would You invest buying a properrty in Porlamar , Venezuela (Margarita island). Do You think it would be a risk? Properties sre cheap now a daya there.
Here is an idea, why I'd argue, you should evade dividend yielding shares. I firmly believe, that a company in current age can find a problem to solve and sell the solution to a buyer or turn it into a franchising opportunity. We live in an era of overabundance of problems to solve, which is further bloated by perception of how pressing some of the problems are. In such a climate, I read a company paying out dividend as a sign, that the company doesn't want to grow and diversify it's revenue sources, making it less stable. As an investor, I understand the necessity of cashflow from investments, but I also believe, that if ones income is sufficient to satisfy immediate needs and there is sufficient cash in reserve, longer term things should be the focus of investing, which brings to the question, what the company you invest in does. Since dividend payouts harm company's ability to grow, I would not want that kind of money in dividend stocks.
"Everything is priced into the market" investments are almost never simply "better" than others. They have different advantages. Growth stocks present the opportunity to gain more on a general market upswing, dividens present an opportunity for consistant value. Dividend payments dont stop a company from growing, companies strategically pay them so that they only pay them so as not to impede growth. They pay them when they have grown near their limit.
I am fully invested in one moth T-bills. The Treasury market is in backwardation. Does that mean that the underlying asset, the dollar, is about to crash in value?
Let’s be honest. Nobody gets rich buying stocks. People get rich building businesses (like Nomad Capitalist) or buying businesses (Warren Buffet) but statistics prove even the best stock pickers do worse than the market averages due to transaction costs.
@@EnilSsab I’ve heard of them. They also won’t make you rich. Now if you can get people to pay you to buy Financial products you are on to something. But that would be building a business.
I assume that you have a team with better accounting skills than I, and taxation could make a difference. But from experience buying mutual funds and ETFs, total return matters most and dividends don't give you freebies (most of my dividends-based investments paled compared to the growth-based ones). So, I want to secure 3 years of expenses just in case? Yeah to me, selling some equities and put them in GICs/CDs makes sense and doesn't cause some kind of chaos in my head; I believe that Berkshire Hathaway never relied on dividends... but I will no longer buy more stock, no matter the structure.
absolutely dividend stocks is the way to go in growth stock you can lose millions or billions the gains you've accumulated in years in just a few minutes and you'll end up having $0 whilst in dividend stocks you'll be paid quarterly or annually aside from the stock gains so you'll have an assurance that you're gonna earn money by buying that stock and not just by selling
die less poor than the average person more seriously it depends on what you want or need, if you say have 0.5 mill, using that you could still life of that, in a lower cost country, when invest so the dividend is ~4%.
but here target audience is more 1 mill+ in wealth, if you have less than that most of the gains would be tax-free in many places, if taxed like regular income.
@@chimagamer4157 well I said low-mid 6fig but yeah, seems like the target is more like 1M in income, not wealth. I feel like in the awkward stage where it’s enough to start thinking about it but not enough to actually do something about it. Wish I had a bit more guidance
