This is stupid, I have bought 2 houses in 1 year, trust me I still think this is a mistake, I can't afford them. Now I am selling one of my houses to be able to afford 1
Mine is "if you struggle to pay the downpayment, dont expect that you can pay the monthly dues" But of course this does not apply to big investments like houses or land. This helped me save money. I saw my co-workers who dont eat and can only eat if someone shared food with them coz they dont have enough money. They bought trending gadgets that cost 3 months of their salary, payable for two years. Absurd!
00:06 Leveraging valuable skills and niche markets can lead to millionaire status. 02:20 Creative money-making strategies can lead to financial success despite rejection. 04:34 Leverage unique business models to create wealth effectively. 06:47 Understanding compound interest is crucial for financial growth. 08:57 Leverage franchises and personal branding for financial success. 11:07 Leveraging franchises and services can lead to wealth creation. 13:20 Wealthy individuals can be effective mentors for future millionaires. 15:31 Leveraging digital platforms can create significant income opportunities. 17:39 Innovative money-making strategies and the buy-flip-repeat model. 19:30 Encouragement for viewers to engage and celebrate milestones
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors I speak from experience.
Right, a lot of folks downplay the role of advisors until being burnt by their own emotions, no offense. I remember years back, amid covid-19 outbreak, I needed a good boost to help my business stay afloat, thus researched for licensed advisors, and thankfully came across someone of excellence. She's helped grow my reserve notwithstanding inflation, from $350k to nearly $1m as of today.
She goes by ''Jane Nina Pickett'' she's a renowned figure in the financial industry with over one decade of experience. I'd suggest you research her further on the web.
9:59 "People pay interest when they borrow money to buy things that depreciate in value overtime (...) Not only are you losing money every year, but you're also paying interest on the money you borrow to get it. You're getting screwed from both ends."
The avg. American is having a tough time, I know I am not alone. There are others in same position as me. By certain statistics: 22% of americans have no retirement savings. 64% are worried that they will not have money in latter years while 47% of adults who are not yet retired think they have to work part-time in retirement. How can I best grow the 100k I have saved seperately outside retirement access which of course had depleted over the years?
It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
I completely agree; I am in my mid 40s, approaching retirement, and have approximately over 2million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Yep, exactly💯. It's better to be the smallest house in a rich neighborhood...than being the biggest house in the poorest neighborhood. 😅 If you know, then you know.
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant and everything changed. In in the first quarter of this year i made $370k and counting.
Melissa Terri Swayne” is my adviser and she is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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.
I really like your videos about how to manage your life by structuring your money. Habits that are easy to realise for anybody that is willing to act and change something. And the part about how to go about investing in yourself, by not waiting to see how much is left over at the end of the month and instead determining what can be saved directly after the salary comes in, well, that is something I believe should be taught at school to teenagers already. If they understand that part, they would all get much further in life. I do follow most of the habits you listed already and I can only conform that they work. But I didn't have somebody like your channel at the beginning that taught me, several things I had to learn through time and by not being satisfied with the level I was at. Now that I have reached a level where I can claim to have reached wealth, it certainly makes life relaxed. For me, wealth means I don't have to worry about if I can afford something I need or want. I know I can. I am amazed how much valuable advice I have already seen in your videos. A big compliment on the continually high-quality contents.
I worked at an expensive boutique law firm with rich clientele as the senior associate. I always packed my lunch and snacks. I noticed that the non-lawyer, support staff ate out every day. They spent $25/day on door dash and Uber eats. THAT is a habit I noticed of the poor
The financial market is a potent vehicle for building immense wealth. Simply saving money yields modest annual gains, whereas investing can catapult your portfolio by a significant percentage each year. This distinction is vast. Personally, my net worth has soared by $800,000 since Q4 2019, a testament to the power of strategic investing.
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
You're right! I diversified my $400K portfolio across various markets with the help of my financial advisor, and I've been able to generate over $1.2 million in net profit from high dividend yield stocks, ETFs, and bonds during this downturn.
Tesla stock dipped severally , resulting to about 23% drop in the shares value this month. I seriously need suggestions on how to diversify my $400k portfolio made up of volatile TSLA.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert
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
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration..
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 résumé.
In light of the ongoing global economic crisis, people must concentrate on diversifying their sources of income so they are not dependent on the government. Investigating choices like equities, gold, silver, and virtual currencies is part of this. Even if the economy is struggling, now is a good time to think about these investing opportunities.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors I speak from experience.
No offence intended, but many people downplay the importance of advisors until they are upset by their own feelings. I searched for certified advisors during the COVID-19 pandemic years ago since I needed a boost to keep my firm viable. Fortunately, I found someone of exceptional calibre. Despite inflation, she has contributed to the growth of my reserve, which now stands at around $1 million from $350,000.
I already have about 80k in my portfolio and I also agree assets still can go way up. I want to diversify my portfolio to include good stocks and perhaps some digital currencies. Any recommendations?
I agree. I started trading stocks because I can work with an expert who has a good understanding of the market. This third quarter I've already made more than 150k in net profit.
Sophie Lynn Carrabus is the advisr I use and I'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Money. I’ll admit that I had some of these poor habits but I got around people who got the 💰, I had to rid myself of the poverty mindset cause I can’t attract what I criticize, so I read books on how to invest my money whether it’s small amounts to large amounts. I invest in the stock market, real estate investing and lending, invest in start up companies, trade options and plan on trading Forex and futures. I can afford an Apple IPhone but I rather invest $500-$1000 than buy an IPhone, it’s not making me money. I’m not going broke to prove to broke people I’m not broke.
@ My cousin gave me an Apple IPhone 6, it’s old but I’m putting it to work. I’m not having a phone if it doesn’t make me money. I made some investments since I got it.
Let me tell you what nobody is going to tell you. Building wealth has never been a one person’s job especially if you are just starting. One of the best choices you can make for your life at this point is to be able to get someone who believes in your growth and will be willing to help you grow. Big thanks to Larysa Caba. I will always be grateful for everything you did.
I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.
I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.
I feel this is quite an easy one. You already have her name which makes it easy for you. Just look up her name online. I’m sure you will come across her. That’s how I found her too.
MONEY: Of the ones not mentioned in the video, I'd offer taking out student loans for a class or degree not being used. I noticed when I was working, a few colleagues were taking MBA and CPA courses hoping to get a promotion or raise, and it didn't materialize. With student loan interest accruing in the background, they were deeper in debt. If you want to better yourself or achieve a goal, then take the classes. Do it for yourself. And IF you receive a promotion or a raise, then that is icing on the cake.
In light of the ongoing global economic challenges, it's more crucial than ever to focus on diversifying income streams without depending solely on government support. This means exploring investment options like stocks, gold, silver, and digital currencies. Despite the current economic uncertainty, now could be the ideal time to consider these alternative avenues for securing and growing wealth.
Thank you. I’m 21 going into my last semester of college graduation with my certification in person training, Real Estate License, and my undergraduate in Criminal Justice. I’m from the slums of Chicago, the stuff you hear about on TV, I lived that. If I can get this far so can you. Success comes from how bad you want it, how much does success mean to you? all odds were stacked against me. But, with the grace and mercy of our living God he opened doors for me. Don’t miss your blessing, the Lord will help you navigate. Aspire to be who you dreamed of as a child, at the end of the day, it’s you vs. you.
MONEY. Thank You Alux for another outstanding Video. I would greatly appreciate it if you would make a video on job opportunities in Nursing. I have a Relative who thinks that Nursing will not give her the Income that she needs and wants. And she needs to learn about the different branches of Nursing and what are their Job Duties. My Relative thinks that Nursing will be nothing but dealing with excessive bodily fluids and that's a turn off if its an excessive amount.
Alux: That’s so true. I’ve spent so much time trying to convince others, but now I see that the real work starts with convincing myself and taking action. We come up with ideas worth sharing and discussing, but we often hold back and never fully put them into practice.
I come from a very wealthy family, but more than half of my friends are very well off and the minority are very poor. But I am poor, I don’t believe knowing rich people will help much at all with ones own finances or goals. Being poor you learn how to have a great working ethic and can work many long hours and days, but that wont change anything long term.
Isn’t that what the traders on Wall St regularly partake in. Used to know kids on the east coast that would raid their parent’s stash and get hooked, while their parents are hooked up to pacemakers.
Own stock shares But depending on what jobs you have an pay rates you get the crap taxed out of you. Depending on what country and government you live under. EVEN if you live with a few specific ones and you never gave up citizen ship you live across seas you get double taxed, How Much You Make Yearly Is What Changes Things. Figured this out on my own making 70,000 one year got qualified for a higher retirement pay out rate from retirement funds on the IRS Site. Don't be dumb with money if you don't need it truly don't buy it if its not going do you any good don't buy it. Work for things don't wait for hand outs life wont work like that when you get hand outs things and favors are expected to be given back or paid back.
renting is a good thing for people who are starting on but you can own your own home don't go for a 300,000 dollar house go for something that cheap and fix it up once you are making money sell your old home and buy a new one or rent it rening can make you a lot of money
I don’t even know where to start, I mean I’m only 18 but I don’t know where to start and want to escape my 9-5 job even if I’m not “rich” but I just have some,thing to live off and have some good clean fun but don’t know where to start. Business? Investing?
I’m 22 I work as my first year working as an architect my monthly payroll 5295.29 spent around 900 or slightly more and save 4000 and more every month so every end of the year I make 50,000 Is that good or bad?
i LOVE ALUX... BUT THIS WOMAN IS INSANE!! statistically just working hard with certificaTIons deGrees etc AND INVESTING for 10-12 years DOES NOT GUARANTEE WEALTH!! . There are layoffs, and hypercompetition, high taxes, living off of your savings and having to move, health issues(flu, cOVID, etc, bad tooth) and helping out freinds and family that love you and look after you pay you back! >>> This effects 85% of the North American populace in 12 YEARS!!! LET ALONE 10 YEARS!!! DESTABILIZATION IN ECONOMY, HeALTH ISSUES, TAXES, AND IMMIGRANTS LOWER YOUR WEALTH BUILDING !!
This video offers some truly eye-opening advice! It's amazing how much our mindset and small actions can shape our financial future. Which tip stood out the most to you? Let's start making those changes today!"
This video is packed with invaluable advice that shifts your perspective on money habits. The insights on tracking expenses, avoiding debt, and investing in yourself are eye-opening
If you wanna learn how to buy Low Market Cap Crypto before they hit exchanges I’ll show you step by step with all the apps, websites and twitter accounts that you need to follow
I know for the most part what i need to do to at the very least not be broke. Getting rich would be a dream, but just being comfortable would keep me pretty happy. Unfortunately self control cant be learned from the internet or saved up for 😂.
AI is now self aware. It's even able to put a disclaimer that it's not AI generated 🤯 I'm doing my best to make No 16 a reality. Design emoji once and sell to the masses while I sleep.
It’s not about being rich to me. I just want what I want, when I want. Most of the time, it doesn’t require money because I show so much love to others, they just happen to think about me at times
Point 5 says we shouldn't borrow or incur debt. I want to ask if its a good thing to use debt to build wealth through assets? Just asking cuz u've said this in previous videos
I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $18k to $21k every week trading different stocks and cryptos
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
In life there are many things that are not in your control. You can't simply say when you are in control you don't need luck. Even the richest beings won't say they don't need luck because they are in control
That one sentence about Jesus pushed me off the edge. No one criticize you for Budda, please respect our faith. We are learning life hacks not religious ones. I know very filthy rich Christians who are not pastors. They apply these life hacks, please show respect.
The main issue of this system is trying to force you to become rich or remind you but the problem is so hard that become rich and it is going cycle among individuals competing and hating each other. A normal human can be live decent and moderate.
I left watching the video the moment she promoted their app. I dont want to buy the things if I dont know it will work or not. I wont take the sweet words like that. Just because I hear that millions of dollars are put into it , I am not gonna buy your stuff right away.
Hi Alux my name is Katagila I'm from Tanzania I'm poor very very poor but if I will improve my life someday your videos are the some of my sources that are going to help me get out of poorly
@@MasonRamon-n6c maybe I can use those knowledge according to my environment try to transform to make them work where I live . And other thing is I like to learn so you can tell me anything that I can learn from
I don’t appreciate the anti Christian rhetoric in this channel. It’s easier for them to get through to people without that. It only serves to throw people off. I don’t know why they do it.
Meaning of life is simple. 1. Building Wealth 2. Your Health (Exercise) 3. Socialize (Enjoy life with love ones) If you really want to be ultra wealthy. Start a company preferably a tech company. Then take it public. Billionaire overnight.
Not using debt is for the financially illiterate If you don’t know how money works don’t use debt Also don’t except any advice from me or anyone in the comments start with legitimate teachers maybe a good book total money make over by Dave Ramsey
Having a well paying job is fine it's how U use Ur money, make a budget, don't smoke or drink no drugs, buy a simple like a small car a small house, that's what I do on 1000$ a week and I'm left with about 650$ which I put away a week, the hardest part is finding a job U like or worse working with good workers
As much as I agree and the video, good points. If I dont have my hobbies like watching anime or playing video games, my mental health will go down. Having money is great, but one thing people forget... We need money and should use it for what we need...I dont want the money where it becomes too much... just want to be comfortable.
You never mentioned Marijuana. I use it like Brittney Griner (Train hard and chill when needed, in moderation) Bought several hundred shares of a successful stock while faded, that popped (at least paper gain-wise)
Don’t spend time on entertainment. Don’t buy good things that you want but not need . Might as well just be a monk lol . These advices are way too extreme , life is about balance
5:28 "If you can't buy it twice, you can't afford it"
Cant afford a tank of gas lol 😂
can you buy your home twice?
@butterflyeffect-q7r you take everything too serious I guess. A home can't breakdown so likely as a car. At least a German brick house where I live..
This is stupid, I have bought 2 houses in 1 year, trust me I still think this is a mistake, I can't afford them. Now I am selling one of my houses to be able to afford 1
Mine is "if you struggle to pay the downpayment, dont expect that you can pay the monthly dues"
But of course this does not apply to big investments like houses or land.
This helped me save money. I saw my co-workers who dont eat and can only eat if someone shared food with them coz they dont have enough money. They bought trending gadgets that cost 3 months of their salary, payable for two years. Absurd!
Choose the wrong wife or husband
💯
00:06 Leveraging valuable skills and niche markets can lead to millionaire status.
02:20 Creative money-making strategies can lead to financial success despite rejection.
04:34 Leverage unique business models to create wealth effectively.
06:47 Understanding compound interest is crucial for financial growth.
08:57 Leverage franchises and personal branding for financial success.
11:07 Leveraging franchises and services can lead to wealth creation.
13:20 Wealthy individuals can be effective mentors for future millionaires.
15:31 Leveraging digital platforms can create significant income opportunities.
17:39 Innovative money-making strategies and the buy-flip-repeat model.
19:30 Encouragement for viewers to engage and celebrate milestones
Too bad this video isnt in spanish. Id show it to my broke ass family members that think living in the moment is the way to live.
Then translate it
@Omonike88 they don't believe anything I say haha they have to see it on TH-cam
Hit Setting button on top right corner. U see Caption ‘Off’, hit Auto-translate, choose Spanish
But do them a favor live by the sample hopefully they learn from you
My family I think is getting the message
Good luck
Yooooo 😂😂😂
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors I speak from experience.
Right, a lot of folks downplay the role of advisors until being burnt by their own emotions, no offense. I remember years back, amid covid-19 outbreak, I needed a good boost to help my business stay afloat, thus researched for licensed advisors, and thankfully came across someone of excellence. She's helped grow my reserve notwithstanding inflation, from $350k to nearly $1m as of today.
She goes by ''Jane Nina Pickett'' she's a renowned figure in the financial industry with over one decade of experience. I'd suggest you research her further on the web.
Money
Do not contemplate or procrastinate just do it
9:59 "People pay interest when they borrow money to buy things that depreciate in value overtime (...) Not only are you losing money every year, but you're also paying interest on the money you borrow to get it. You're getting screwed from both ends."
The avg. American is having a tough time, I know I am not alone. There are others in same position as me. By certain statistics: 22% of americans have no retirement savings. 64% are worried that they will not have money in latter years while 47% of adults who are not yet retired think they have to work part-time in retirement. How can I best grow the 100k I have saved seperately outside retirement access which of course had depleted over the years?
It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
I completely agree; I am in my mid 40s, approaching retirement, and have approximately over 2million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
This is exactly how i wish to get my finances coordinated ahead of retirement. Can you recommend the financial advisor you used to get ahead?
‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I don't need a nice house. I just want to live in a safe place
Yep, exactly💯. It's better to be the smallest house in a rich neighborhood...than being the biggest house in the poorest neighborhood. 😅 If you know, then you know.
16:10 As long as you live, remember this. There are no get rich quick schemes. There's only someone getting rich off of you.
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant and everything changed. In in the first quarter of this year i made $370k and counting.
Glad to have stumbled on this conversation. Please can you leave the info of your investment advisor here? I’m in dire need for one.
Melissa Terri Swayne” is my adviser and she is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. 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.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website… thank you for sharing.
I really like your videos about how to manage your life by structuring your money. Habits that are easy to realise for anybody that is willing to act and change something. And the part about how to go about investing in yourself, by not waiting to see how much is left over at the end of the month and instead determining what can be saved directly after the salary comes in, well, that is something I believe should be taught at school to teenagers already. If they understand that part, they would all get much further in life.
I do follow most of the habits you listed already and I can only conform that they work. But I didn't have somebody like your channel at the beginning that taught me, several things I had to learn through time and by not being satisfied with the level I was at. Now that I have reached a level where I can claim to have reached wealth, it certainly makes life relaxed.
For me, wealth means I don't have to worry about if I can afford something I need or want. I know I can.
I am amazed how much valuable advice I have already seen in your videos. A big compliment on the continually high-quality contents.
"If it on sale , but you didn't need it , It still expensive!" 3:32
I worked at an expensive boutique law firm with rich clientele as the senior associate. I always packed my lunch and snacks. I noticed that the non-lawyer, support staff ate out every day. They spent $25/day on door dash and Uber eats. THAT is a habit I noticed of the poor
Me I see lots rich people spend money on fancy restaurants
how they upload so many high quality videos too often
The answer is AI tools
@@satkela1the answer is they have a full team considering it’s a company
@@MyEmoDiaries You mean Company with full teams won't use AI tools?
Never mind that use the leverage of the videos like me ,-0 )) Make it a daily part of your routine like me !.
The financial market is a potent vehicle for building immense wealth. Simply saving money yields modest annual gains, whereas investing can catapult your portfolio by a significant percentage each year. This distinction is vast. Personally, my net worth has soared by $800,000 since Q4 2019, a testament to the power of strategic investing.
The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.
You're right! I diversified my $400K portfolio across various markets with the help of my financial advisor, and I've been able to generate over $1.2 million in net profit from high dividend yield stocks, ETFs, and bonds during this downturn.
Please can you leave the info of your lnvestment advisor here? I’m in dire need for one
“Sonya Lee Mitchell” is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Tesla stock dipped severally , resulting to about 23% drop in the shares value this month. I seriously need suggestions on how to diversify my $400k portfolio made up of volatile TSLA.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert
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
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration..
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 résumé.
In light of the ongoing global economic crisis, people must concentrate on diversifying their sources of income so they are not dependent on the government. Investigating choices like equities, gold, silver, and virtual currencies is part of this. Even if the economy is struggling, now is a good time to think about these investing opportunities.
I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors I speak from experience.
No offence intended, but many people downplay the importance of advisors until they are upset by their own feelings. I searched for certified advisors during the COVID-19 pandemic years ago since I needed a boost to keep my firm viable. Fortunately, I found someone of exceptional calibre. Despite inflation, she has contributed to the growth of my reserve, which now stands at around $1 million from $350,000.
this is huge! your advsor must be grade A, mind sharing more info please? in dire need of proper asset allocation
Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Pay of your house as soon as possible
How sway?
@@kingech_B15if u don't kno how than your droom
@@kingech_B15if u don't know how than your droomed
why? in general that loan is cheap. Use your money to buy another house and have someone else pay you for it. 'Rent'.
@@ChrisKeaton-Filmsexactly...
Got that right!
6:19 Too many want to procreate and cannot afford children ‼️‼️
I already have about 80k in my portfolio and I also agree assets still can go way up. I want to diversify my portfolio to include good stocks and perhaps some digital currencies. Any recommendations?
It’s very possible to make lots of profit in stocks but it requires some technical analysis. I'll highly recommend you work with a financial advisor.
I agree. I started trading stocks because I can work with an expert who has a good understanding of the market. This third quarter I've already made more than 150k in net profit.
@@PatrickLloyd- This sounds incredible. Could you recommend who you work with so I can check them out?
Sophie Lynn Carrabus is the advisr I use and I'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Money. I’ll admit that I had some of these poor habits but I got around people who got the 💰, I had to rid myself of the poverty mindset cause I can’t attract what I criticize, so I read books on how to invest my money whether it’s small amounts to large amounts. I invest in the stock market, real estate investing and lending, invest in start up companies, trade options and plan on trading Forex and futures. I can afford an Apple IPhone but I rather invest $500-$1000 than buy an IPhone, it’s not making me money. I’m not going broke to prove to broke people I’m not broke.
but if you learn a skill you can make millions of a iPhone
@ My cousin gave me an Apple IPhone 6, it’s old but I’m putting it to work. I’m not having a phone if it doesn’t make me money. I made some investments since I got it.
The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance
Never heard of that book i do now thanking - you
"Jesus ain't coming down to pay your rent" - amen to that.
narrator says that if you do not develop habit of watching 15 videos in alux channel daily then alux channel will be poor if not you
Let me tell you what nobody is going to tell you. Building wealth has never been a one person’s job especially if you are just starting. One of the best choices you can make for your life at this point is to be able to get someone who believes in your growth and will be willing to help you grow. Big thanks to Larysa Caba. I will always be grateful for everything you did.
I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.
I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.
I just looked up her name online. she is licensed with credible certificates and has an amazing track record. Thank you for the message.
I willl Ike to knw mre
I feel this is quite an easy one. You already have her name which makes it easy for you. Just look up her name online. I’m sure you will come across her. That’s how I found her too.
MONEY: Of the ones not mentioned in the video, I'd offer taking out student loans for a class or degree not being used. I noticed when I was working, a few colleagues were taking MBA and CPA courses hoping to get a promotion or raise, and it didn't materialize. With student loan interest accruing in the background, they were deeper in debt. If you want to better yourself or achieve a goal, then take the classes. Do it for yourself. And IF you receive a promotion or a raise, then that is icing on the cake.
In light of the ongoing global economic challenges, it's more crucial than ever to focus on diversifying income streams without depending solely on government support. This means exploring investment options like stocks, gold, silver, and digital currencies. Despite the current economic uncertainty, now could be the ideal time to consider these alternative avenues for securing and growing wealth.
Thank you. I’m 21 going into my last semester of college graduation with my certification in person training, Real Estate License, and my undergraduate in Criminal Justice. I’m from the slums of Chicago, the stuff you hear about on TV, I lived that. If I can get this far so can you. Success comes from how bad you want it, how much does success mean to you? all odds were stacked against me. But, with the grace and mercy of our living God he opened doors for me. Don’t miss your blessing, the Lord will help you navigate. Aspire to be who you dreamed of as a child, at the end of the day, it’s you vs. you.
I’ll give an update December 30, 2025. I love you guys, stay blessed.
MONEY. Thank You Alux for another outstanding Video. I would greatly appreciate it if you would make a video on job opportunities in Nursing. I have a Relative who thinks that Nursing will not give her the Income that she needs and wants. And she needs to learn about the different branches of Nursing and what are their Job Duties. My Relative thinks that Nursing will be nothing but dealing with excessive bodily fluids and that's a turn off if its an excessive amount.
Jesus helped me to be where I’m at today.
Ik know where all my money goes I do a budget every month and year
Best channel on TH-cam
16: living in a wealthy country, there’s a huge difference between growing up in a poor vs wealthy country.
Alux: That’s so true. I’ve spent so much time trying to convince others, but now I see that the real work starts with convincing myself and taking action. We come up with ideas worth sharing and discussing, but we often hold back and never fully put them into practice.
I come from a very wealthy family, but more than half of my friends are very well off and the minority are very poor. But I am poor, I don’t believe knowing rich people will help much at all with ones own finances or goals.
Being poor you learn how to have a great working ethic and can work many long hours and days, but that wont change anything long term.
Another recycled content
16. Cocaine habit
there was a #16 on the video already🤣
Isn’t that what the traders on Wall St regularly partake in. Used to know kids on the east coast that would raid their parent’s stash and get hooked, while their parents are hooked up to pacemakers.
Damn I guess no more binge watching anime lol
Own stock shares But depending on what jobs you have an pay rates you get the crap taxed out of you. Depending on what country and government you live under. EVEN if you live with a few specific ones and you never gave up citizen ship you live across seas you get double taxed, How Much You Make Yearly Is What Changes Things. Figured this out on my own making 70,000 one year got qualified for a higher retirement pay out rate from retirement funds on the IRS Site. Don't be dumb with money if you don't need it truly don't buy it if its not going do you any good don't buy it. Work for things don't wait for hand outs life wont work like that when you get hand outs things and favors are expected to be given back or paid back.
renting is a good thing for people who are starting on but you can own your own home don't go for a 300,000 dollar house go for something that cheap and fix it up once you are making money sell your old home and buy a new one or rent it rening can make you a lot of money
I don’t even know where to start, I mean I’m only 18 but I don’t know where to start and want to escape my 9-5 job even if I’m not “rich” but I just have some,thing to live off and have some good clean fun but don’t know where to start. Business? Investing?
I’m 22 I work as my first year working as an architect my monthly payroll
5295.29 spent around 900 or slightly more and save 4000 and more every month so every end of the year I make 50,000
Is that good or bad?
In all honesty that sounds good you saving more then spending thats a good rule of thumb
@@jadenafool i’m trying to save it to invest in the stock market invest in energy like fuel and electricity
i LOVE ALUX... BUT THIS WOMAN IS INSANE!! statistically just working hard with certificaTIons deGrees etc AND INVESTING for 10-12 years DOES NOT GUARANTEE WEALTH!! . There are layoffs, and hypercompetition, high taxes, living off of your savings and having to move, health issues(flu, cOVID, etc, bad tooth) and helping out freinds and family that love you and look after you pay you back! >>> This effects 85% of the North American populace in 12 YEARS!!! LET ALONE 10 YEARS!!! DESTABILIZATION IN ECONOMY, HeALTH ISSUES, TAXES, AND IMMIGRANTS LOWER YOUR WEALTH BUILDING !!
M O N E Y ! 🤑
Money thanks for wonderful video
I have already broken their rule by watching this as entertainment, oops!
😂
why have kid? 😂😂😂😂😂 you are encouraging to finish this world
“Remember, the rich like poor people, they’re easy money. This reminds me; buy our get rich plan” lol
This video offers some truly eye-opening advice! It's amazing how much our mindset and small actions can shape our financial future. Which tip stood out the most to you? Let's start making those changes today!"
I want to become rich but I don't know how to get started 😅
Start with what u are good at
Read good books
This video is packed with invaluable advice that shifts your perspective on money habits. The insights on tracking expenses, avoiding debt, and investing in yourself are eye-opening
Awesome great job ❤❤❤
Newest subscriber ❤❤❤🎉🎉
If you wanna learn how to buy Low Market Cap Crypto before they hit exchanges I’ll show you step by step with all the apps, websites and twitter accounts that you need to follow
First i needed this thanks cheers 🍻 for the info regards from stewy Hudson and Family Birmingham city England 🍻 🇬🇧 👍 😀 👏 🙌 🍻 🇬🇧 👍
You mentioning Nairobi just makes me feel like you are directly addressing me.😅
I know for the most part what i need to do to at the very least not be broke. Getting rich would be a dream, but just being comfortable would keep me pretty happy. Unfortunately self control cant be learned from the internet or saved up for 😂.
If you think you can afford it
You cannot.
-MJ DeMarco
Your first piece of advice is pretty awful.
Getting married keeps you poor
Yes and no depending on the situation of the other person
Y’all need to start paying Jay z some royalties.
7:34
Sources of income:
1. Occupation
2. VA disability
3. Rental property
Maling money
AI is now self aware. It's even able to put a disclaimer that it's not AI generated 🤯
I'm doing my best to make No 16 a reality. Design emoji once and sell to the masses while I sleep.
it's kinda crazy how nobody is talking about the book whispers of manifestation on borlest
It’s not about being rich to me. I just want what I want, when I want. Most of the time, it doesn’t require money because I show so much love to others, they just happen to think about me at times
Point 5 says we shouldn't borrow or incur debt. I want to ask if its a good thing to use debt to build wealth through assets? Just asking cuz u've said this in previous videos
❤
Moneyh
Hi Alux do you have video about only gambling addiction? Plz make one.. thank you!!
For those who choose to wake up finally. I'm 35 just woke up
I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $18k to $21k every week trading different stocks and cryptos
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
You are so correct! Save, invest and spend for necessities and a few small luxuries relatives to one's total assets ratio.
Waking up every 14th of each month to $210,000 it’s a blessing to I and my family… Big gratitude to MandyFx 🙌
Hello how do you make such monthly?? I'm a born Christian and sometimes I feel so down 🤦♀️of myself because of low finance but I still believe in God
In life there are many things that are not in your control. You can't simply say when you are in control you don't need luck. Even the richest beings won't say they don't need luck because they are in control
can a 16 year old invest?
Yes
They can invest
That one sentence about Jesus pushed me off the edge. No one criticize you for Budda, please respect our faith. We are learning life hacks not religious ones. I know very filthy rich Christians who are not pastors. They apply these life hacks, please show respect.
Taking financial advice from poor people would be like being in jail and listening to the inmates, lecturing you on how not to get caught .
All men, drop a like to check total no. Of strength
“Jesus ain’t coming down to pay your rent” because he has already done that . Now it’s up to you to make something of yourself
Can I ask is someone rich on this comment so I can confirm if it's real?
The main issue of this system is trying to force you to become rich or remind you but the problem is so hard that become rich and it is going cycle among individuals competing and hating each other. A normal human can be live decent and moderate.
I left watching the video the moment she promoted their app. I dont want to buy the things if I dont know it will work or not. I wont take the sweet words like that. Just because I hear that millions of dollars are put into it , I am not gonna buy your stuff right away.
rich will not give you advice they do not need compition or you passing them up
Hi Alux my name is Katagila I'm from Tanzania I'm poor very very poor but if I will improve my life someday your videos are the some of my sources that are going to help me get out of poorly
Most of these videos aren't for Africans. Well, poor Africans. 😅😅😅. Where do you even get $1k minimum to even invest?
@@MasonRamon-n6c maybe I can use those knowledge according to my environment try to transform to make them work where I live . And other thing is I like to learn so you can tell me anything that I can learn from
Money, money, money-money.
To much desperate single man in this comment section 😢
I hang out with broke people so I am always reminded what not to do 😂
I knowingly continue to grow my wealth by purchasing the 4$ Orange Juice, Instead of the 5$ Juice.
I don’t appreciate the anti Christian rhetoric in this channel. It’s easier for them to get through to people without that. It only serves to throw people off. I don’t know why they do it.
But is Jesus really coming down to pay the rent?
Meaning of life is simple.
1. Building Wealth
2. Your Health (Exercise)
3. Socialize (Enjoy life with love ones)
If you really want to be ultra wealthy. Start a company preferably a tech company. Then take it public. Billionaire overnight.
Not using debt is for the financially illiterate
If you don’t know how money works don’t use debt
Also don’t except any advice from me or anyone in the comments start with legitimate teachers maybe a good book total money make over by Dave Ramsey
On pay day too 😅
Having a well paying job is fine it's how U use Ur money, make a budget, don't smoke or drink no drugs, buy a simple like a small car a small house, that's what I do on 1000$ a week and I'm left with about 650$ which I put away a week, the hardest part is finding a job U like or worse working with good workers
As much as I agree and the video, good points. If I dont have my hobbies like watching anime or playing video games, my mental health will go down. Having money is great, but one thing people forget... We need money and should use it for what we need...I dont want the money where it becomes too much... just want to be comfortable.
You never mentioned Marijuana. I use it like Brittney Griner (Train hard and chill when needed, in moderation)
Bought several hundred shares of a successful stock while faded, that popped (at least paper gain-wise)
Don’t spend time on entertainment.
Don’t buy good things that you want but not need .
Might as well just be a monk lol . These advices are way too extreme , life is about balance
1. don't buy stupid things
Where is Nairobi
Great video I agree 100%!
Just caught it. The ALUX woman is Southern
She's Canadian bro
What is your advice for government job in india