Why Most People Will Never Be Rich

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Why Most People Will Never Be Rich But a very small percentage will..
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Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content!
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Опубликовано:

27 сен 2024

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Комментарии : 546

@MrBlackjack456 3 месяца назад

Key Takeaways: -Only the top 20% of the population can be considered "rich" in terms of living standards. -Access to resources and opportunities, as well as personal sacrifices and mindset, play crucial roles in achieving wealth. -Wealth requires delayed gratification, compounding efforts, embracing risk, and continuous learning. -Identify opportunities unique to your generation and gain specialized knowledge in valuable fields. -Don't let others' limitations and doubts discourage you from pursuing your goals.

@MikeKnops 3 месяца назад

Appreciate it

@JamilaJibril-e8h 3 месяца назад

Bahaha 😂😂😂😂😂😂 ... Owning things and having things is two different things just make sure to pass it without corruption

@yingkouzen 9 дней назад

Thanks for the takeaway

@Donalddavies-gc9rb 3 месяца назад

I am 53 and retired at 50. 1 thing I did do to retire early was to get out of the 401K and IRA programs. Bought rental real-estate and I am now a Limited Partner in about 1500+ units from collabrative efforts in the fund my estate planner has me invested in. I do not work.

@karenwilliams9653 3 месяца назад

I only contribute 5% to get full company match, that’s it. The 401K plan is designed for you to work until you are about dead. Also, the government does not have their hands on it yet either.

@kendavies8351 3 месяца назад

My wife and I live off of our 401K. We don't work. I recommend highly to everyone to build your 401K or Roth IRA's as an alternate revenue stream in retirement to your Social Security. An observation on 401K's is when it gets over 300K it starts to accelerate. When you get over 500K it can really accelerate as the stock market grows.

@TonyRiley-qb7sw 3 месяца назад

If I may ask, as in withdrew all of the money from the 401K and IRA programs? If so, what was your strategy behind that decision? Thank you.

@Donalddavies-gc9rb 3 месяца назад

I learned about govt actions from cfp in ny by name Monica Mary Strigle. Ms. Strigle explained the benefits of long-term Treasuries and alternative investments, which the govt doesn't disclose.

@Donalddavies-gc9rb 3 месяца назад

Lately they been investing in solid start ups, bonds, digital currencies, precious metals with real backing, while manipulating the stock market decisions as influenced by congress, driven by year round events and consumer sentiment in the past half decade.

@lawrencedyke 3 месяца назад

I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.

@DavidCovington-st2id 3 месяца назад

A lot of folks downplay the role of advlsors 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 licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.

@SeanTalkoff 3 месяца назад

That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?

@DavidCovington-st2id 3 месяца назад

My CFA ’’ Sharon Ann Meny a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

@SeanTalkoff 3 месяца назад

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

@Alexibawendi 3 месяца назад

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, "I pray that anyone who reads this will be successful in life

@Louisbrus498 3 месяца назад

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.

@KaterinaEvan159 3 месяца назад

How ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?

@Louisbrus498 3 месяца назад

Thanks to Mrs Maria Davis.

@NickAnthony322 3 месяца назад

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimony on CNBC news last week.

@PhilCraig-vx3up 3 месяца назад

After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸also paid for my son's surgery (Oscar). Glory to God.shalom..

@manoftomorrow5987 3 месяца назад

I never to to be “rich”…I like a simple, quiet life. Nice career, comfortable house, 2 BMWs, can travel when I want, my fridge is stocked, bills paid and occasionally I can spurge on “big purchase”. That’s it…I’m almost there through hard work, upping my education and career skills. I have everything almost…

@Richardsonprincess00 3 месяца назад

Giving up isn't the answer at all... keep trying and pursue the dreams to have.

@renanqueiroz2678 3 месяца назад

Kinda like marriage, if you have a good opportunity, just stick to it with all the strength you have. If after a couple of years you are certain you married dog poop just take the loss and move to another one. Only intelligence can tell if you are being a bitch or wasting your time on the wrong thing.

@untouchable360x 3 месяца назад

"Sacrifice is never easy or it is no true sacrifice."

@partytimeproductions420 3 месяца назад

What would you sacrifice to be "rich"? What does rich mean to you?

@summerbreeze5115 3 месяца назад

@@partytimeproductions420 I can sacrifice my life to be rich

@DannyRodriguez158 3 месяца назад

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley

@PerkinsSanders832 3 месяца назад

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

@LeahRoberts618 3 месяца назад

YES!!! That's exactly her name (Elizabeth Wesley) so many people have recommended highly about her and am just starting with her from New Jersey🇺🇸

@MikeGlenn231 3 месяца назад

You trade with Elizabeth Wesley too? Wow that woman has been a blessing to me and my family.

@AidenCheatle23 3 месяца назад

I'm new at this, please how can I reach her?

@Tiffanygrothman25 3 месяца назад

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

@fairwaywoods 3 месяца назад

8:14 Love the elevator analogy. Don’t take the wrong elevator.

@onehitta7892 2 месяца назад

Winning isn't even guaranteed. And you claim that "people quit at different stages of the process." How do you quantify this process? Some people get filthy rich in weeks, months, or even years. What you fail to explain is that no matter how hard most people try, most people will fail and continue to fail if they don't quit.

@williamsaustin329 2 месяца назад

That’s true, I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like Dustin Dwain King I've worked with him for 9yrs & highly recommend him also

@onehitta7892 2 месяца назад

Why tf are these irrelevant comments in my thread?

@LeeMonday544 Месяц назад

*Wow😁, it's crazy how some people can become multimillionaires by investing just $10K in trading within a few months, while others have to work for 40 years to reach $1M in retirement savings. The power of smart investing, right?*

@RobertDavid212 Месяц назад

That's awesome!!! I know nothing about investment and l'm keen on getting started. What are your strategies?

@donalderic3642 Месяц назад

As a beginner, it's essential for you to have a guide. Myself I'm guided by Mrs Victoria K Walter, a widely known consultant

@JenniferLynd Месяц назад

I've been trying to trade but I keep making losses and it's frustrating

@JenniferLynd Месяц назад

Can you recommend a guide for me?

@BrittanyDoris Месяц назад

Victoria K Walker, she’s impressive

@HendrixSimalambo-ty2zo 3 месяца назад

From Zambia, watching alux❤🎉🎉🎉🎉

@tomasosores 3 месяца назад

greetings from Peru bro, let's keep the hard work going!

@myrealname2022 3 месяца назад

I am already rich. I have family and friends that love me. I have a safe home, clean water, and food everyday. My next goal is surplus money so I can be blessed and be a blessing and also generational wealth for my family’s future.

@LaMovie_EnPlay 3 месяца назад

Iam Rich, iam healthy #amen

@jamesfrazier8305 3 месяца назад

I have a major physical disability, I’m almost totally blind. Money helps me get to concerts, travel, and have amazing adventures without worrying about cars and other logistics There’s a thing called the social theory of disability wherein I’m less disabled if I have more money. Literally, worst thing about being blind is sighted people always try to offer me feelings instead of helping me build a great and sustainable life. Feelings don’t get you into Red Rocks.

@omotayosatuyi252 3 месяца назад

To add to the disability part idk why they made it seem like it was a bad thing to have a major disability. You can still be rich even if you have one

@lambo650ER 3 месяца назад

Building wealth is a journey that hinges on three fundamental pillars: earning, growing, and maintaining your wealth. First, prioritize increasing your income through education, skills, and opportunities. Next, make your money work for you by investing wisely, leveraging compound interest, and diversifying your portfolio. Finally, safeguard your wealth by managing risks, maintaining a disciplined budget, and continuously educating yourself on financial matters. True wealth is not just about accumulation but also about sustainability and intelligent stewardship.

@suzanmiller558 3 месяца назад

I know I’ll be rich. It’s only a matter of time

@joshwelch5837 3 месяца назад

I’ve had that same feeling for over 25 years now; long before I found out I was ridiculous to my peers and family. I believe in you; I know it’s the same part of me giving you glimpses into our futures respectively.

@krackerjack1233 3 месяца назад

Taxes is a big reason right behind spending habits, low wages and hyperinflation

@siliyemoodislam 3 месяца назад

Money it’s not the sign of richness. Self education and knowledge is richness.

@icecorner87 3 месяца назад

well, the economy is not built to have all people haveing 10k a month in salary

@GMack224 3 месяца назад

TOP. I’m going to invest in the AI/Semiconductor industry for a better life for my children and grandchildren. If W. Buffett did it, so can I.

@michellekilmer4777 3 месяца назад

I am totally 😮 not liking this new cartoon graphics look

@gbb82 3 месяца назад

Me either

@brandonmcmillan9641 3 месяца назад

You all must be liberals. When watching this, that was the least of my concerns. Yall won't be rich because you are too worried about dumb stuff

@gbb82 3 месяца назад

@@brandonmcmillan9641 You definitely won’t be rich because you’re too obsessed with putting labels on people. Poor guy.

@omotayosatuyi252 3 месяца назад

@@brandonmcmillan9641lol wait so because they don't like the new graphics you assume that they are on the left? This argument doesn't even make any sense

@joshuaduvall2737 3 месяца назад

Meh I listen to it more than actually watching it. Didn't notice until break

@aarbaha 3 месяца назад

The new animation and graphics are not that impressive as it was earlier, being a regular subscriber, I expect a class from you people in everything which indeed you always deliver. Thank you.

@theallseeingkats6321 3 месяца назад

Probably the most discouraging video from alux but richness can be found in other places ,not just in the wallet🤷‍♀️

@alux 3 месяца назад

Did you watch our types of wealth video?

@justaman9724 3 месяца назад

Cope

@mathogre 3 месяца назад

TOP. It really can be done from nothing.

@johnsonmaxius 3 месяца назад

#Trillionair if you know , you're time is coming 🤟

@KutloanoMatela 3 месяца назад

Anyone can be rich and wealthy Not everyone is rich and wealthy Wealth and Riches only respond to activities conducive to wealth and riches. Those who don't perform activities conducive to wealth and riches and value adding won't be rich and wealthy will always be poor Those who perform, rich wealthy and value adding activities will always be rich Never be a slave to money and wealth Wealth and money must always serve you. Being rich is always enriching the lives of many and them rewarding you with a lot of money

@Mdyounus-ts3ym 3 месяца назад

I will be billionaire ❤

@aprilsmith1038 3 месяца назад

Me too 🎉🎉🎉🎉🎉🎉🎉🎉🎉

@kougin13aller 3 месяца назад

Sameee 🔥

@dannycbe949 3 месяца назад

Compare. That's the problem. If your attitude is "I don't care what my neighbour thinks"... YOU ARE RICH!!

@TOP5GENERAL 3 месяца назад

What advice does anybody have for someone who is a co parent and there babymother says your putting money in front of your child because you want to become a millionaire. Especially if you didnt want the child

@user-yg1dg6xm2g 3 месяца назад

You don't need to be in the top 20% to be considered rich. If you have financial freedom, you are already wealthy. In today's world, achieving financial freedom might place you in the top 20%, but it’s possible that more people will get their finances in order in the future, though this seems unlikely. My point is that comparing yourself to others is not a good benchmark for determining wealth.

@doggydogdaily 3 месяца назад

1)On A Macro Scale - It's About Access To Resources,Information,Religious Culture & Infrastructure. 2)On A Micro Scale - The Reason Why Most People Don't Become Locally Rich Is That They Are Not Willing To Learn And Make Sacrifices Happens In Rich & Poor Countries.

@ugr_net 3 месяца назад

😅 5:03 ..opportunities was misspelled on the barrel. Big fan, don't block me 🙏🏾

@rjlhee3781 3 месяца назад

I dont need to be rich-rich. I just need enough money to live comfortably.

@auro1986 3 месяца назад

narrator says these such people will never be rich because they do not watch 15 videos in alux channel daily

@PsychicIsaacs 3 месяца назад

Society will always pay for food. Learn to grow food without huge overheads and you'll be wealthy! Overheads and the Middlemen kill most farmers' businesses. Learn how to operate without them as a farmer, and you'll begin to prosper!

@einzelganger5290 3 месяца назад

@05:30 - @05:33 "Discipline is the highest form of self-love" That's deep.

@NickDeWayne 3 месяца назад

Young men. Work alot of overtime live modest and save your money for about 5 years BEFORE having kids and getting a girl pregnant. By the end of those 5 yrs i promise you'll have 100k or more and there's plenty of ways to make that amount of money work for you.

@vijayrealtors1669 3 месяца назад

I think above 60,000$ people are top 20% why means world's top 13% people is taken for 100,000$ and above❤

@Coltsfan88 3 месяца назад

It takes money to build wealth. How can someone work on getting rich when they're too busy just trying to survive every day?

@kylymapy 3 месяца назад

no es lo mismo nacer rico que hacerte rico. supongo que todo es posible para DIOS.

@lamonthamilton667 3 месяца назад

❤❤❤❤..

@adamknight5089 3 месяца назад

Thanks but I feel like I'll never be rich, probably because I'm not willing to put the risk in and do things I'm unfamiliar with.

@ChocoBeanChat 3 месяца назад

I’m starting my own RU-vid and will start using Alux videos for myself to become rich.

@JesseMuteti-jt8jh 3 месяца назад

TOP. that's where I belong and that's where I'm headed. Thanks for the reminder Alux lady, hope to see you there on arrival.

@katrinabaker581 3 месяца назад

correct most ppl won’t rich. if everyone is rich who will deliver mail pick up garbage etc… bcuz no one will do it bcuz we’re all rich

@GGhi12345 Месяц назад

Great video, Alux. I really enjoy watching Alux videos.

@DionTalkFinancialFreedom 3 месяца назад

I do enjoy being a top

@ThePathsInLife 3 месяца назад

(The main channel) 😭😭😭 I will say it again. to you alux stop assuming, the truth. I am starting to feel afraid of you I have already told you, whenever, I created a toxic video on the main channel it is not about you, or me, it is about others, going through other deep issues not me, or you. I thought you would understand me. and let me do the toxic videos. but I was wrong about you. I even put this in the top of my description so you would understand me. (Part 2 Quick disclaimer. this video is not about me, no. however, it is an educational topic about 7 Signs a breakup might be good for you, if you feel like you have other, goels and other things, that you want to improve on. but you feel like your partner keeps on holding you back from you. from preventing you from accomplishing your goals, and dreams, and other things, that you want to accomplish, or be in life.) I thought you would understand that but I was wrong. now I am starting to feel like I am afraid to talk to you. because you will assuming that I hate you and that is not the truth at all.

@_nelsiton 3 месяца назад

come here to get inspired

@partytimeproductions420 3 месяца назад

What does rich mean to you? That's the best question. Is it money? A lot of "rich people" are narcissistic sociopaths and psychopaths. Most economically poor people wish they had more money. Most economically rich people wish they had better relationships with family and friends. I bet if you rated happiness in a no bias study you would find the middle is the happiest.

@peterschadenberg9045 3 месяца назад

I will make it to the #top

@acwilliams1343 3 месяца назад

Building wealth is all about discipline… something most people completely lack. TOP

@Stevesguitartraveling777 3 месяца назад

Because not everyone can be rich. Not everyone can be an Internet millionaire not everyone can be Amazon not everyone can invest in stocks not everyone can have $1 billion not everyone can have wealth because we are overpopulated and there are not enough resources for everyone there’s your answer anyone can come up with designs and skills to be a millionaire the market just picks who they want because there’s so many people

@firestick4991 3 месяца назад

Top! We’re wealthy with all of the things, money and otherwise.

@ReactDj 3 месяца назад

TOP, thanks so much for the reminder

@wildfoodietours 3 месяца назад

I'm on the road to riches because I invest regularly and I'm in it for the long-term.

@jayasuriyaj3470 3 месяца назад

This is bullshit... Being rich has nothing to do with relative... If every one in town earns 10 dollars every one is poor. If every one can live a comfortable life and can afford everything, with good work life balance... Then all are rich.

@Jahguaar 3 месяца назад

Knowledge supports growth.

@BrandonBames 3 месяца назад

Can you all tell that this is an AI voice?

@somerandomfella 3 месяца назад

I just want to be comfortable and content.

@squidnerful 3 месяца назад

You can have your lifestyle or your home but you can’t have both

@fultoncountybaby4pf268 3 месяца назад

“TOP”

@mohammadhani110 3 месяца назад

I'll be successful and wealthy❤

@WORKETHICINVENTIONCREATIONUNIV 3 месяца назад

I AM EVERYTHING WEALTH DETERMINE OKAY BRAIN WORKING ARUPKING

@georgedominico.5319 3 месяца назад

Love Alux!

@TlameloMokgothu 2 месяца назад

I'll reach the top no matter the difficulties that is certain

@slaughterking5625 3 месяца назад

Plz alux can u do a video on how to see and sport life opportunities in our everyday life ??like the rich do ??

@mikewilson716 3 месяца назад

Top One day thanks to you I’ll be there

@SlapsShorts-y8f 2 месяца назад

One day i will be a wealthy person mark my words

@khensley7057 3 месяца назад

Voice of video purchased on fiverr??

@cc123456789 3 месяца назад

A book to read can be "The One Thing"

@mullermeek5555 3 месяца назад

Hlo @Alux Subtitles in such a video is so massive. Keep it up 💪

@gestionirun6372 3 месяца назад

Great video

@TheRealVenom448 3 месяца назад

They will not be rich because they do not watch Alux.

@adocuric9154 3 месяца назад

I watch Alux but I'm still not Rich. 😭

@Nellia.. 3 месяца назад

Cost of living is one thing.

@unfazed01 3 месяца назад

If you're watching this, you'll never get rich😂 because rich people don't have time to watch all this videos😂

@alux 3 месяца назад

You'd be surprised.There are over 1,000 multi-millionaires who use our app every month. a lot more here on RU-vid, but you keep hating and see how far you get with that!

@unfazed01 3 месяца назад

@@alux Why are you giving bad luck to me

@FOHguy 24 дня назад

What's rich?

@pedrorosario28 2 месяца назад

Nothing can stop my success

@KodeStreet 3 месяца назад

🔝

@applepie3701 3 месяца назад

Series on 15 elevators going up that alux recognizes 😚😋

@ThusoGoesFit 3 месяца назад

Top

@FloridaManConstruction 3 месяца назад

Comparison is the thief of joy. This video is dumb.

@Randy218_ 3 месяца назад

No, what's dumb is thinking that following the traditional route in life other than taking a risk in your life for a better life is the right option

@aprilsmith1038 3 месяца назад

I am a rich woman & healthy & blessed 🙌 😇 🙏 ☺️

@gallonegro1529 3 месяца назад

TOP

@davidhouston7812 3 месяца назад

🔝🎩

@kevinvillanueva137 3 месяца назад

3:54

@StellarLifestyleCoach 3 месяца назад

#Tops🎉

@marcelinemulaji2463 3 месяца назад

Top depuis le Congo

@camousecheb8678 3 месяца назад

I will make it to the very top.

@christophercampbell3514 3 месяца назад

Yeah right 😢

@fouziah 3 месяца назад

I know my time will be coming soon..

@Bernardyoungcollection 3 месяца назад

Tippy Top

@KooKKoZ 3 месяца назад

One day i will reach finicial freedom!

@darylmccrea3834 3 месяца назад

Standing on the top

@syrykh 3 месяца назад

Nice motivational video 👍

@alvinjecob7238 3 месяца назад

If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance but if you want to make your money work for you...prevent inflation

@alvinjecob7238 3 месяца назад

Jane Roy

@alvinjecob7238 3 месяца назад

My financial advisor , she’s a professional and has helped many become millionaires fr

@RianMaerck 3 месяца назад

Speaking of being successful I know I'm blessed if not I won't have met someone who's as spectacular as Mrs Jane

@PaulWilliamsMalachoski 3 месяца назад

I'm in dire need of an investment advisor, how do I reach the mentioned Jane?

@alvinjecob7238 3 месяца назад

She's very active on Whats~App that's where I met her.

@luckyree3841 3 месяца назад

@billboyer9524 3 месяца назад

I'm shocked that you just mentioned and recommended Deborah Davis. I thought I was the only one trad ing with her.

@scottreagan9796 3 месяца назад

I was big on gold and silver but a few months ago I discovered Bitcoin and Ethereum. Listening to lots of stuff from Deborah Davis has been really helpful in my journey..

@jameslarry3919 3 месяца назад

When someone is straight forward at what he or she does people will always speak for them.i know a couple of friends who makes profits in the financial market

@selenemarinez2700 3 месяца назад

YES!!! That's exactly her name (Deborah Davis) so many people have recommended highly about her and am just starting with her from Brisbane Australia 🇦🇺