The Algebra of Wealth | The Prof G Show
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- เผยแพร่เมื่อ 15 พ.ค. 2024
- On this episode of the Prof G Show, Scott Galloway ponders one of everyone's favorite questions: how do you get rich?
0:00 Let's Level Set
1:08 The Algebra of Wealth
1:19 Focus & Opportunity
3:23 Stoicism
4:47 Investing vs Consumption
6:59 Time (Friend or Foe?)
7:40 Diversification (Your Safety Net)
9:28 In Summary...
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NEW: Q&A on TikTok
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Success depends on the actions or steps you take to achieve it. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .
The rich Invest in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment...
I thought about investing in the financial market, I heard that people make millions if you know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it.
Having an FA is the best way to go. Based on a direct encounter with a CFP named Julia Hope Marble I can say with certainty that their skills are excellent. She helped raise over 580,000 in 18 months from an initially stagnant portfolio of 150,000
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $750k is down to $592k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
For the average person, the strategies are fairly demanding. In actuality, most professionals who have the necessary expertise to pull off such trades effectively carry them out.
Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k.
in as much as my knowledge of the business is limited, it seems that this is the ideal time to enter the market based on my understanding of supply and demand in the economy. The consistent price variations, which shouldn't be an issue, are the only thing stopping me. But I really need a counselor; could you please assist me?
I work with Jennifer Lea Jenson, who is a licensed fiduciary. Just look up the name. All the information you need to work with a letter to set up an appointment is included.
Thanks, I saw Jennifer Lea Jenson googlel, read through her credentials on her webbsite and it's top-notch! I wrote her an email, hopefully she’s accepting new intakes.
Professor if you're reading this, I came across your most recent TED talk a week ago and Ive been on a binge of your videos and advices and I just want to say - THANK YOU! Stay well and God bless for all the advice! Much love and respect from Bulgaria!
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
@@jeffery_Automotive wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
The adviser I'm in touch with is 'Julie Anne Hoover' She works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it. Investing is a long-term game. It's just hard to focus on the long term playbook when I'm already in a massive loss.
"Don't tell me what you value, show me your budget, and I'll tell you what you value" Don't live above means, that's a problem. Don't venture into the capital market lacking the discipline and emotional strength to handle financances in a volotile market. It is the reason alot cry about loss. I've read 345 books on investing and finance, started making money on it since I was 15, and now I've been in the financial market for 32 years. Not bragging but I've made more money during "inflations" than any other period.
I for one I'm not happy about the inflation in the U.S anymore: Central Banks with the U.S. Federal Reserve should be held accountable. It suprises me when I hear people say they're in profit even when the entire stock market index has lost over 20%. And I'm moved to ask, what is your magic wand? Mind sharing? I'd love to listen
Tho I have the experience,I can tell you that the smartest move to make is finding an financial advisro with the right skills and exposure in your area of interst (stock). That's how I've been able to rake in $675k this year alone.
I've thought about finding an adviser but've been quite unsure if it was the right step for a noob. with this, I'm more convinced and I think I'm a step closer towards finding an one. my next problem now is, how do I reahc one.... I see some on CNBC but I don't know them that mch... Do you mind if I asked the particular adviser assisting you?
You may Know
Michelle Christine Parker but If you don't you may do some looking up and thank me later. She's been my adviser for the most part and it's been a smooth ride.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $750k. I want to know: Do I keep contributing to my stock portfolio in these unstable markets, or do I look into alternative sectors?
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
I stopped listening and taking financial advise from these TH-camrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice.
@@colleen.odegaardwho was the financial advisor?
I’m a Travel-Nurse, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary " *Monica Selena Park* " actively restructuring my portfolio for the past 7 years now to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell…maybe you should do the same.
Monica appears to be very knowledgeable. I found her webpage and read through her resume, educational background, and qualifications, which were all very impressive. She is a fiduciary, which means she will act in my best interests. So I scheduled a call with her.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
The best course of action is to ask a consultant or investing coach for guidance or assistance.
Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic.
Please who is the consvltant that assist vou with vour investment and if you don't mind, how do I get in touch with this person..??
John Desmond Heppolette is the licensed fiduciary I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment..
Thanks for sharing, I just looked him up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.
I also work with John Desmond Heppolette.. he charges 15% commission
I have to say that the first $100k is the toughest, it'll surprise you how easy it gets from there, i'm speaking from experience my wife and i managed to save it, we could have spent it on a lot of things i mean we could have gone on vacations but we didn't and funny enough didn't really start seriously investing until I was 30 back in 1998. Today, I'm 53 and have a decent $1.2M nest egg. After learning all of this, my only regret is not starting earlier when I was 25. It may not seem like much but those extra 5 years are the most important.
How did you invest in stock, where did you start, it’s so complex, I know this because I’ve tried so many times
i'm happy there are lots of people doing so well...Love this channel for the transparency
@@gagnecaron658 I work with Lisa Rosa Cavanagh an FA, honestly, I didn’t know so much about it when I started either. you could look her up
@@larryronhartfield55 How do I get to your FA please if you don’t mind, I’d like to start investing as soon as possible because at this rate I might never really be able to afford the luxury I’m looking for
@@gagnecaron658 #1 never open an options account. #2 Think long term.
ex. I accurately called the top of NVDA 2 years back (almost to the day). I sold my holdings, but then started messing around with that money (shorts etc). If I has just thought long term and held I would be up 25% today.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
For a successful long-term strategy you have to seek guidance from a broker or financial advisor.
With the help of an investing advisor, I diversified my $400K portfolio across markets, and I was able to earn over $900k in net profit from high dividend yielding equities, ETFs, and bonds.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
My consultant is *Sharon Louise Count* She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $950k. before I turn 60, I would appreciate any advice on potential investments.
Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
O' Yes I'm a living testimony of Mrs Serenay.
Wow, amazing to see others who trade with Serenay Hosmunt I'm currently on my 5th trade with her and my portfolio has grown tremendously, All my financial goals have been achieved since I met Serenay Hosmunt
Some people are ignorant of profitability in forex investment and that has been the major issues limiting their investment.
I've got interest in investing but I'm afraid of doing it on my own to avoid losses,
Thanks for the amazing recommendation it will help a lot
Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life
You're absolutely right, to be a successful in life required not only hard work but awareness and sometime opportunity at the moment, investment remains the best way to start.
@@theresathomas3849I agree with you. Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed return.
@@chrisharrison-ir5wbyeah investment is the key to sustaining your financial longevity but venturing into any legit investment or business without a proper guidance of an expert can lead to great loss too.
@@kabiruisah9660Exactly and many of us don't know where to invest our money so we invest it on wrong place and to the wrong people
@@agraimentsyahung726 Obviously talking about been successful, I know I am blessed if not I wouldn't have met someone who is as spectacular as Debra Barton
I've been diligently working, saving, and investing toward financial independence and early retirement, but the economy since the pandemic has eaten up the majority of my $3 million portfolio. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
Just try to diversify your portfolio to other market sectors, that way your investment is balanced and you don’t get to make so much losses.
@@DanLeahfort I stopped listening and taking financial advise from these TH-camrs, because at the end of the day, I end up with a bunch of confusing stocks without knowing when to take profit, In reality, all I needed was professional advice.
@@TeresaBrickle How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
As a matter of fact I always preferred to handle my own investing, but after my portfolio took a major hit in 2020, I really had to rethink my plans for the future, so I reached out to an F.A *Theresa Maria Kost* who really helped me balance up my losses.
@@TeresaBrickle Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly
Fuck me, this is sheer genius. The intellectual honesty here is magnanimous.
Magnanimous is a nice word
@@switchbranch8411 It is. It would be nicer if used correctly.
WOW I LIKE THIS ONE: "It's time in the market, not timing the market". GOLD
I delved in Catholicism, Christianity, Muslim and Hinduism. I hadn't seen God until I met you Scott Galloway. You are just great. Thank you for all your great and wonderful knowledge. Can you do a segment on Saudi Arabia joining BRICS? Thank you oh so very much.
The value on these clips is like a lifetime worth of averted risks. Insane.
@The Prof G show - Scott Galloway
Shut up scammer smh
You could invest in stocks, start a side business, or focus on advancing your career. It's important to set goals and make a plan. Remember, wealth can mean different things to different people, One thing i can say that helped me in life to reach my first million was starting early, i got curious and informed i became open to passive income, investments in equities , etfs and the likes. also sought help to handle my portfolio which was my foundation. i'm ever grateful to Anna Rounds Fay my FA
That’s some good values. sounds like you got something going for you
Did a quick search and found her webpage. I must say her resume is pretty impressive. will be writing her.
I started investing when I was 37, mostly through sweat equity. I just turned 45 and this last month was the first time that my passive income from stocks broke $100k for the month. This is solid advice! DO IT!
I’m motivated now more than ever to dive deeper I read about her on the web! Interesting lady!!
Who else finds these words of advice exponentially more valuable than you ever learned in college?
They are both valuable, for different reasons.
Not if you want to be a zoologist or a chemist or a computer scientist or anything else that requires specialized knowledge
Guess you should have gone to NYU
Watched the video six times in a row. Took that many times to unpack everything Scott is saying.
Whats college?
Money makes you more of what you already are as Dave Ramsey says. But money and having plenty of it takes one huge stress out of your world. Especially when your money is working as you sleep and pours in no matter what on a monthly basis. My passive income is much more then what I need and I literally have to reinvest it and at least 30-40 % on a monthly basis. I saved hard when I was young I worked as much o.t. When I was young to save. Then once I learned how to actually invest wow that change my life. Now it’s like a snowball that can’t be stopped no matter what mr market does thanks to my FA Emily Lois Parker.
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you that you talk so highly about?
Funny how I also work with Emily Lois Parker, started since last year when i invested $100k with her and made over 400k profit in less than 3 months
hi please can i also reach out to her, i don't have so much but i'm very ready to commit to a long term investment for my retirement
Did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply.
I'm 77, US Army retired, meaning I've been around the block at least once, and have been studying investing for 30 years now. This video is priceless ... for those young few who will understand and follow it. Self discipline, was that mentioned?
yes that one is THE one, discipline.
I remember reading a quote in my early thirties: chose the pain of discipline or the pain of regret.
It might be hard to see, but Discipline pays off every time.
The youngsters have no stoic properties, they give up too easily and worry to much about free time.
@@AFuller2020 Socrates (469-399 B.C.) QUOTATION: "The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. Children are now tyrants, not the servants of their households."
I'm sure your parents' generation said the same thing about you.
@@KareemShahbandar I was the overachiever, held my first patent at 18 , how about you?
@@AFuller2020 Alvin, buddy, I’m not gonna sit here and have a comment war with you. If you want to say that young people are soft nowadays that’s fine, but just know that your parents and grandparents said the same thing about your generation.
I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me, retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving
@@BrunoLuke Having an investment adviser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we avg joes don't know
@@DavidAntony-gq7id Who’s the person guiding you
@@BrunoLuke credits to KRISTIN GAIL CUNNINGHAM, one of the best portfolio managers out there. she's well known, you should look her up
@@DavidAntony-gq7id Thank you, I just checked her out and I have sent her an email. I hope she gets back to me soon.
IN MY JOURNEY AS A JOURNALIST FROM ENGLAND, FATE LED ME TO CROSS PATHS WITH MRS. KAREN CHARLES, AN EXCEPTIONAL EXPERT WHOSE LEGITIMACY AND MAGICAL METHODS HAVE LEFT ME DEEPLY TOUCHED. HER NEW STRATEGY HAS BROUGHT ME CONSISTENT EARNINGS EVERY SINGLE WEEK, ILLUMINATING MY PATH WITH HOPE AND PROSPERITY.
Trading with an expert yields significant crypto returns.
Newbies often make the mistake of not seeking professional guidance and help, like Exp Mrs Karen Charles, who is dedicated to providing knowledge and strategies in the cryptocurrency market.
I'm pleased with my investment in Exp Mrs Karen Charles, and I'm still reinvesting while the trading continues
In the midst of credit and sorrow, Mrs. Karen emerged like a guiding light, bringing me immense relief and financial joy. Today, after God, I stand thankful for her support as I receive a profit of $30,000. Her impact on my life is truly touching and transformational.
As a resident of Denver, Colorado, USA, I connected with Mrs. Karen, a FINRA agent, and she has been incredibly helpful, generating significant profits for me.
I am new to investing, I’m 30 and have been working in customer service/ retail over the last 14 years and haven’t gotten anywhere in life, this video has been a big eye opener as I have been learning about investing over the last 2 months. I am tired of feeling like I’ve been getting nowhere when I’m a very intelligent and hard working individual.
Same here, 40 this July and I’m giving it my all to learn.
Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off." start one today.
same here i made 34 a couple months ago, been watching financial channels for a couple years now. Slowly but surely improving economic health. knowledge is power
@@justingregory2965 How is it going for you? Do you have a pretty solid passive income every month from dividends or stocks if you don't mind me asking?
@@annalisajoy9755 It might be wiser for a novice to start with Index investing, but it is not easy. My point is that when investing you need education first. I know there are success stories by keep on doing DCA as well. To invest in growth stocks it is another level, definitely you need to know what are you doing. Karen Marie Emma is a US registered CFA. Lookup the name , she'll guide you.
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $450k gains within months, I'm really just confused at this point.
A robust strategy is crucial for any investor's portfolio. When it comes to making high-stakes decisions, the greater the risk, the greater the potential reward, and it's wise to seek guidance from seasoned professionals.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?
NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Smaller, speculative stocks have endured a historically weak stretch. Investors are betting that a turnaround is finally in the works. I’ve lost about $320k within a few months, how do i take advantage of the market turnaround?
There are many interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell stocks.
@@harrisonjamie794 Having an investment adviser is the best way to go about the stock market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly and I made over $800K within a short time
@@MarcusFred-wn3iv That's impressive! I could really use the expertise of these advisors. how can I get to your advisor?
@@harrisonjamie794 renowned for her proficiency and expertise in the financial market, *KRISTIN GAIL CUNNINGHAM* my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.
@@MarcusFred-wn3iv I Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds
Mr. Galloway is a real professor.
the honesty is what really stands out
As a black man coming from poverty and hitting a 7 figure net worth at age 27. I would add discipline to your list. Probably relates closest to focus but that I feel like is what got me to where I am today. Delayed gratification goes a long way but also luck will always play a role. Being in the right place at the right time.
*edit* as I posted this he mentioned discipline 😅
Divorce is costly when becky leaves you.
Prof G talks about temperance and discipline. Watch the video
@@BeitBridg I THOUGHT i was the only one..like bro really a picture with her as your thumbnail. good lord
@@BeitBridgChoose the next Becky better.
Check the techings of stoicism on discipline.
Trust me anyone watching this right now is in search for innovation that will change the way we work,
and only the new age dream traders are willing to share and not dribble.
Do you trade? Because some of these dream traders are like ghosts, really good but almost unreachable.
of course, most of these guys are obviously running a decentralized system with new tech, they're only willing to talk to who is ready, I know a guy tho.
But why are most persons been doggy about how they made money in 2020, we all know what been buzzing for a while now, so why the dribbles.
consultant{.}eltonstephens{1}
Elton expert services I presume... I recognize that handle, they're well know here in Switzerland as group of trading experts,
there trading features and performance has been good enough for me so far.
19 years old (next month I will be twenty),
I am finishing college now, opening a small business and investing in bitcoin, to see my returns 10 years from now.
This video only reinforced my long-term plan, to try and save a lot now, so I can enjoy it in the future.
At the very least, I now grasp the concept of leverage.
Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
When Prof G talks, I listen & take notes.
Me too. He has very valuable information
Thanks buddy, I’m a 63 yo Leb woman born with ten siblings males were favoured by imergrated parents to Australia. Your telling me nothing I don’t know already through no fault of my own the cards were agin me.
All good hope the next generation succeed.and women are valued to their fullest
Chapeau!
YOU summarized thousands of videos.
Your video should be seen by at least 4 billion people and liked by at least 2 billion people.
Now this is what I will recommend to people instead of trying to explain to them the principles.
Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely......
I started making mônèy when John Desmond Heppolette started managing my crypto investment portfolio. He enjoys teaching Investment strategies. Sir John Desmond .H is well accredited
I can say now is my life has changed since meeting John Desmond Heppolette . He has helped me become debt-free and save for retirement." I made over 220K during this dip, which made it clear there's more to the market than we average joes know. Having an investment adviser is currently the best course of action, especially for those who are close to making losses..
Prof G is the f**king G! The best in this category.
*WHOEVER THAT'S READING THIS , I PRAY THAT ONE DAY YOU WILL REACH YOUR DREAMS.*
*ALWAYS KNOW THAT THE SECRET OF YOUR FUTURE IS HIDDEN IN YOUR DAILY ROUTINE. SUCCESSFUL PEOPLE DO DAILY WHAT THE UNSUCCESSFUL DO ONLY ON OCCASIONALLY.*That's why the rich invest and the poor don't.*
@@berwaldjane362 Hello,I’m new to forex trade and i have been making huge losses but i recently see alot of people earning from it.Can someone pleas tell me what I’m doing wrong
@@MohammedIbrahim-md8zm All you need now is a professional broker else you gonna continue blowing off your account
@@hannahjoy3645 Wow!!!I’m just shocked you mentioned and recommended Mr Walden Carlin trading services, I thought people don’t know them..they are really awesome when it comes to forex trading and giving signals.
@@williamsdickson7991 Same here it’s been four months now i started investing with them and its been a good experience with them.
@@maryjaylinda3573 investment with Mr Walden Carlin forex trading services gave me profit of over 33000 US dollars and ever since then he has never failed to deliver and i can even say he is the best among the rest.
✍️ making a note to watch this every morning.
This dude is my new spirit animal...
'Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family".
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@theresagarcia1218 Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. 'PRISCILLA DIANE AIVAZIAN", a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.
@@mayacho4910 Oh please I’d love that. Thanks!
@@theresagarcia1218'PRISCILLA DIANE AIVAZIAN"
@@theresagarcia1218 Lookup with her name on the webpage, omit the quotations though.
Our perceptions of your approach influence how we interpret, understand, and act on the truth. Getting into investing i stuck to Avoiding high interest debt. Cutting costs. spending less, earning more and investing passively The best way to find that balance between saving and living is by investing..what i can say to early investors is diversification and solid management this was how i got to my first million..at this point I'm actually grateful for my advisor Susan Kay Mack..
The thoughts and ideas here are remarkable
Impressive!! Also, I did read about Susan Kay Mack on the web, I was able to find her webpage and leave a mail. I'm willing to make consultations to improve my portfolio
i'm happy there are lots of people doing so well...Love this channel for the transparency
I had to Google to be sure, great resume she has.
Yea I get what you mean. Some people really don’t know how to live though. Have you seen there facebooks?
Who is this guy? I just finished watching videos about crypto and getting Nervous about investing and suddenly this guy show up and save my day.
W^ H^ A^ T^ S^ A^ P^ P
+ 1^ 2^ 1^ 3^ 4^5^ 4^7 ^9 ^6 ^8^
KA-BOOOOOOM!!!! Prof Scott dropping TRUTH BOMBS like they are going out of style!
Stock and crypto which is preferable?
Stocks are good but crypto is better
2021 online stock is just difficult and unbelievable, I'll rather invest my money on crypto
People are ignorant of the profitability in bitcoin Investment and that had been their major issues limiting their Investment
everyone thinks btc is kinda easy but they're always nervous to start
@Herbert Dubose how do I met her?
Slowly. Thank you for reminding me. Having all those in constant view is great but patience is what will take it home!
Approaching the "Best Advice. Ever."
I'm not even 3 minutes in, and this guy is phenomenal advice.
FEELIN EXACTLY THE SAME SUBSCRIBED AFTER 3MIN 10 :)
Yep, I'm gonna work really hard to be a white guy!!!! Also, get married ... that's good too.
TH-cam recommended a gem of a channel!
Probably the only video you'll need on the topic! I like big ideas compressed simply.
- Focus + (Stoicism x Time x Diversification) = Wealth.
I love Scott. Best suggestion over the years...Live below your means!!! You are happier. in the middle of this video however we get "order flowers for Mothers day-1-800 flowers" Ha Ha Guess you can't control the consumption ads.
Good advice. Get rich SLOWLY.
The rush of fresh air of a Prof that has real-world experience, real business experience. Great stuff.
“Wealth is not about having a lot of money; it’s about having a lot of options.”
Looked up this quote. - Chris Rock
DAMN RIGHT!
For a comedian, Chris Rock has some sage observations about wealth and money.
it warmed my heart with hope just a bit to hear someone say someone made (or got) 50 thousand a year, and was rich even if it's because they saved 10 thousand i don't hear that often/
This video is golden.
Some real golden nuggets here ; I wish I saw this video in my 20s
that last, "slowly.." I got chills
Hey this is awesome if you teach young people about finances. I've been saying for years that this should be taught in HS. The earlier the better is so important. Hopefully you teach them things like Compound Interest, building good credit, leveraging debt, etc.
I first saw Scott on Bill Maher and thought he was awesome. Glad he popped up in my suggested videos.
To whoever reading this , never stop chasing your dreams you can do it . Keep pressing and thriving you will make it ! Consistency is the key to achieve your goals
The mind replays what the heart can't delete . So be careful what you keep in your heart . Purify it often .
Bitcoin trading is just like any other business but in this case more sophisticated and advanced .
Investment put you ahead in life , is like buying a day off you don't have to work again , invest now and secure your future .
Crypto investment has really changed my financially status positively, I got my first house the year I started investing and today network is over £1.2m😊
Delightful😁 i dont know who need to hear this but saving money wont make you a millionaire investing will, some take out so money and invest, but invest wisely
Wow! Blown away by how blunt and real this video was. Just subscribed.
WHEN THE STUDENT IS READY THE TEACHER WILL APPEAR...THANK YOU ❗️
It's not how much you make but what you save. Been saying that forever. No one listened, and all of them are broke.
We’re always hearing that income inequality is getting worse. Is that the case? It depends on what time frame you’re looking at. If you’re just looking at the current administration, that’s certainly true. But these kinds of changes occur all the time. If you’re saying over the long run, no, I wouldn’t think so I've seen a lots of positive post about MR SAM DEYMON I find stock.
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies which mr sam helped me on this greatly appreciated.
Buffett & Munger are beyond amazing. wealth is attainable.
Just ''buy the dip''. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser Mr Sam Deymon to meet your growth goals and avoid blunder.
He's TE LEG RAM...
@samdeymon53....that's it = 4 advise.
I found you, you son of a wonderful woman. Never leave us again.
Wealth is not a zero sum game. So we all can be wealth :)
This has to be my 20th time watching this. I'm making this equation my mantra.
Doubt kills more dreams than failure ever will.
Invest in crypto today not tomorrow
~wisdom
Yeah, there is alot of sense in this.
Our doubts are traitors.
@@jeremygood3246 It's a good thing to doubt, but hurt when you doubt the right thing
@@JessicaRodriguez-bm7gq One thing I regret in my life is to doubt crypto. Doubt is a sickness
Doubt is an uncomfortable condition, but certainly it a ridiculous one. Lol
Man his way of saying things on how life really thought him a lot, means for me and us a LOT!!! and his tone of voice is chill but serious and he knows what's up. This video alone is the best all rounded kick start that people need. Basic simple, not overwhelming. Theres a point of art here.
This guy is underrated. A lot of wisdom here, and diversification for an avgaverage guy is an excellent tip. Never lose your capital, it takes years to earn that back.
Wow wish I could’ve heard this 20 years ago!
I love this video!!!
one of the best vidoes I've seen here on YT, its very educative and powerful...
But watching a video alone can not make you rich, or can it?
I watch videos like this a lot
I'm a retired nurse and I don't like the fact that I keep all my in the bank, anyone with ideas should help.
Saving money in banks isn't a smart move.
This video is currently one of the MOST important videos i have ever watched. Thank you so much professor Scott.
Discipline - that's the one that can drive the entire boat because it leads to all the other ones, including compounding which is THE main factor for wealth. A young person does not have to take as much risk as an older person, EXACTLY the opposite of what "they" say.
My parents did not teach me enough finance. Only at the tender age of 42 I am starting to find ways to invest. Child support, shit jobs, lack of professional education. I am glad my kids are saving money and that they caught on what the consequences of inebriated consumerism
I'd like to thank the TH-cam algorithm for sending me here. You earned a sub good sir.
Been binging this channel after Prof G's appearance on Bill Maher. Learned more this weekend than years of college
It was awesome!
Same here, guy seems legit...
I stumbled across this video on the path to buy a Tesla for myself.. glad I watched this lol
The way you frame this is next level. Thanks for the wake up call
5:20 That reminded me to check my account for the price of Bitcoin, thanks Prof!
Didn't expect to watch this all the way through but it turned out to be very insightful. Very useful advice, much appreciated.
These ten minutes should be mandatory in all schools.
This might just be the most important video you ever watch!
Outstanding lesson, thank you! Unlike almost every other video, there wasn’t a single wasted second in this one
💯
Ah man, the TH-cam suggestion algo actually suggested something good. Loved the video, keep it up!
Always love that he comes back to the mothership, relationships!
I grew up in section 8 and next year I am buying 2 apartments and making them section 8 . I am now the only Hispanic living in a country club. My kids ask me why I want more can I just live the way I live ? You need to be get mad and never stop. I did make mistakes along the way - this video makes it abundantly clear . Keep a budget don’t get into other’s problems especially family . They will never understand. Good job
professor deadpool slinging bullets of truth. i went in 'knowing' everything he was about to say and i still learned something. subbed.
It's always good to hear your perspective. When it comes to investing, people who have a financial plan are more to prepared to meet their unexpected. Been into this experience since 2016 and now 6 years on extremely pleased with the decision I made. There’s no shortcut to getting rich, but there are smart ways to go about it.
Congrats! I’m happy for you. I’m 41 and my finances are in a mess right now. If you don't mind, can you share your ideas and what sectors you engage in?
I barely have an experience and my ideas might not be the best for you. I’m just lucky to be working with an experienced professional advisor who manages my investment for me and also teach me the systematic ways to have a profitable investment.
@@theodorerossi7998 Thanks for sharing. I'm very interested in working with one. If you don't mind, how can I get in touch with your consultant?
Just make quick internet research with her name *(Olivia Charlotte Oswald)* where you can easily get in touch and write her.
TH-cam has been of great help to many facing challenges of making best decisions on what to invest in, but it’s not enough cause most people don't understand what they watch. Many need professional aid that offers best plans to better create wealth.
I'm a total Scott Galloway follower. First, he's a Gen Xer, like me, humor and street smarts are common. hashtag Carrottop. But also, he is brutally honesty in his words and his talks.
he found a way through, so amazing this will impact the ones that this content is intended for me being one of those people I thank you my journey is easier because of you professor g. truly transparent.
There is more solid financial wisdom in this short video than in 50% of all the hours uploaded on yt!
I agree and I share the sentiments as you do!
Honesty at its best. Effort at its best. Don't know how else one can one try to inspire, educated, give you all the answers with best of their knowledge and all for your benefit. This may also go down as 'An experiment with the Truth', Kudos to you!
GREAT FOOD FOR THOUGHT, DR. GALLOWAY. I'M MEETING THE 4 NOTED ELEMENTS, AS I TAKE MY DAILY ICE COLD MORNING SHOWER. BUT, THE BEST THOUGHT PROCESS OCCURS, WHEN I'M OUT RUNNING FOR MY MARATHON (26.2) MILES TRAINING. WHAT A MARVELOUS TIME TO THINK. THANK YOU.
Best video on all of TH-cam
Finally! I have always had difficulty explaining to my peers why it is so important to invest early and the power of compound interest. I have been looking for a video that supports my views and explains everything in a neat and tidy way. Now I can finally refer them to this video. Thank you!
its so important to invest so the ponzi scheme gov can tank the markets on big manipulated sell offs every 20 years and keep ppl poor
If you bought the S&P 500 during 1927-1930 or 1999-200 you would have had negative returns for the next 20 years. Negative returns over any given 20 year period are not impossible, but they are improbable. We should probably call out this difference because to the person experiencing it the difference between improbable and impossible is quite large.
Kilt, blazer, 7.99 buffet golden nugget & carrot top... I lost it LMAO. I can relate. But, great video of communicating the message.