Avoid These 10 Financial TRAPS (Don't Take Advice From BROKE PEOPLE)

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  • เผยแพร่เมื่อ 27 ธ.ค. 2024

ความคิดเห็น • 319

  • @MinorityMindset
    @MinorityMindset  ปีที่แล้ว +31

    Get my FREE Guide To Generating Passive Income: app.marketinsiders.com/passive-income-guide
    WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
    There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through TH-cam comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!

    • @dantehedge8414
      @dantehedge8414 ปีที่แล้ว

      There are bots advertising a coin in your comments.

    • @ninakpham
      @ninakpham ปีที่แล้ว

      Where to buy physical gold?

    • @GRINDETHIKSMIXTAPESHOW
      @GRINDETHIKSMIXTAPESHOW ปีที่แล้ว

      Broke ppl are going to just tell u to save a bunch of liability paper lol

    • @myronhelton4441
      @myronhelton4441 ปีที่แล้ว +1

      Gas prices spiking down to avoid bank closures, but vacations will spike gas prices for busy motels, but motels & credit cards will do layoffs in October for a depression. Desperate banks crashing ,purposely crashing the markets for a soft landing will backfire, because they are telegraphing to depositors to do bankruns on safe banks to make the depositors money safe, but the bankruns on safe banks will make only the banks & monopolies to go broke, due to them gambling all their money in stock buybacks. There cant be bailouts with the country broke already, so the depositors money will be safe. The kicking the can down the riad, but the depression is inevitable.

    • @calisingh7978
      @calisingh7978 ปีที่แล้ว

      Truck is many that are not broke will give you advice but it’s still bad because they have family that has built them not themselves.

  • @darnellcapriccioso
    @darnellcapriccioso ปีที่แล้ว +1472

    I’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.

    • @ericmccormick82
      @ericmccormick82 ปีที่แล้ว +4

      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.

    • @tatianastarcic
      @tatianastarcic ปีที่แล้ว +3

      I’m a contractor, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary 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.

    • @darnellcapriccioso
      @darnellcapriccioso ปีที่แล้ว +2

      @@tatianastarcic I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @tatianastarcic
      @tatianastarcic ปีที่แล้ว +2

      I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with ''Margaret Johnson Arndt” for about 7 years now, and she's really good. If she meets your discretion, then you could go ahead with her.

    • @riku3716
      @riku3716 ปีที่แล้ว +2

      Unless you have sold your investment / invested in individual bancrupt companies you haven't lost yet.
      Especially if your portfolio is well diversified just let it be and wait for recovery. Also keeo controbuting. Everyone yalks about markets being down negatively, but if you are currently actively investing and don't need to get money out of the investment right now/soon then you should look at a weaker market like a big sale on investing.

  • @johnben9
    @johnben9 ปีที่แล้ว +1099

    I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.

    • @DaleHorne8
      @DaleHorne8 ปีที่แล้ว +2

      As with an my big financial decision, it’s important to keep your guard’s up for economic risks.
      However, smart planning, time management and seeking advise from a financial adviser can help keep you and your money safe

    • @monicawill5
      @monicawill5 ปีที่แล้ว +2

      @@frankbarnes22 How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings

    • @monicawill5
      @monicawill5 ปีที่แล้ว +2

      @@frankbarnes22 oh! i never take this advises online seriously, but i checked Dawn Maureen up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response

    • @emiliabucks33
      @emiliabucks33 ปีที่แล้ว

      @@frankbarnes22 Thank you for this tip , I must say, Dawn Maureen Humphrey appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, educational background, and qualifications, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.

  • @2859abhi
    @2859abhi ปีที่แล้ว +4

    This is a real Sikh... Protecting people from going broke... Good work Sardar Ji

  • @rasoulhosseini24
    @rasoulhosseini24 ปีที่แล้ว +6

    Man, it was amazing! I subscribed you 2 weeks ago and now I follow every tiny detail you're discussing. I'm amazed at how true you are and how powerful your speeches are. Keep going on, Thank you so much for all the time and effort you spent.

  • @discoverpakistan8565
    @discoverpakistan8565 ปีที่แล้ว

    After watching thousands of wealth making coaches, I undoubtedly choose u as my virtual mentor. You're doing a great favour to this world. Keep up the good work.

  • @ChefCarter
    @ChefCarter ปีที่แล้ว +10

    I listen to everyone's story. You can still learn from someone who has failed. I have a story about a failed businessman. I was speaking to him about the steps to take to open a business. He was down on himself and said he can't give advice because he failed. I explained that most people don't know how to start a business. People talk about it all the time, but don't actually do it. Then I explained that although he may have failed, he also gained experience and he can learn from his mistakes and tell people how to avoid those mistakes. Next thing I know, he starts another business that is very profitable.

  • @cryptocsguy9282
    @cryptocsguy9282 ปีที่แล้ว +6

    On point number one , I don't think anyone needs a financial adviser (at least not one that you need to pay for) because in the investing community there's so many people online including (Jaspreet) who are giving financial advice but who will claim not to be financial advisers because they don't wanna get sued but sometimes the FREE advice you can get is actually pretty good

  • @sifu64
    @sifu64 ปีที่แล้ว +1

    I always find it interesting- when I actually see broadcast/commercial TV, there's a junk food or restaurant chain commercial followed up by some pharmaceutical commercial for some level of diabetes or mental health. A new pill for the other pill - creating new consumer markets!

  • @PrincessPeachyTort
    @PrincessPeachyTort ปีที่แล้ว +4

    I appreciate your effort in putting this video togeter, good sir 😊 Thank you.

  • @richhands5269
    @richhands5269 ปีที่แล้ว +17

    My three favorite channels: Minority Mindset, Stock Brotha, & J Bravo. Make my week complete!

  • @bradtke1993
    @bradtke1993 ปีที่แล้ว +1

    How refreshing, a video without a market brief ad

  • @marcusm8009
    @marcusm8009 ปีที่แล้ว +5

    I killed peer pressure a long time ago. No friends, no pressure 😅

  • @carlosgarcia8770
    @carlosgarcia8770 8 หลายเดือนก่อน

    "Below". Love your honesty.

  • @TheLegend-uq1gz
    @TheLegend-uq1gz 8 หลายเดือนก่อน

    I love this teaching. This is worth a lot of money.

  • @lenderzconstable
    @lenderzconstable ปีที่แล้ว +2

    Planning for an emergency is SO important. I recommend it too.

  • @danielmartin6865
    @danielmartin6865 ปีที่แล้ว

    Good afternoon,I have a question. How is the best way to know if my financial advisor is a good one?

  • @rocke4804
    @rocke4804 ปีที่แล้ว +1

    Bro u solved my biggest fear - never listen to them who never tried ❤❤❤ love it

  • @sam_1570
    @sam_1570 ปีที่แล้ว +2

    Great advice! It reminds me a lot of dieting and the losing weight goal. A few will succeed and most will fail. Human nature I guess.

  • @4x4RescueThunderBay
    @4x4RescueThunderBay ปีที่แล้ว +3

    "Some financial advisers are not so good"..
    24 years later I just recovered from my first financial adviser.
    Never again will I make a "bank appointment".
    Love this channel, been watching and learning for a while now. I really appreciate the effort and enjoy the show 👍

  • @AlexWoahWTF
    @AlexWoahWTF ปีที่แล้ว

    The last one is what hits me. Keep the momentum up dudes

  • @solharvester2341
    @solharvester2341 ปีที่แล้ว +2

    Basically they only way I can save money is be single and not travel for any holiday, or buy gifts for anyone. It's just not feasible.

  • @SaniyeCelik-vk8yo
    @SaniyeCelik-vk8yo ปีที่แล้ว +550

    Fb44TC is my safety asset along with tether so i'm really glad to hear all this!! thank you very much

    • @ZezeDouglas
      @ZezeDouglas ปีที่แล้ว

      Could you kindly explain what type of assets these are?

    • @architjain30
      @architjain30 ปีที่แล้ว

      @@ZezeDouglascompletely fraud assets, especially tether

    • @monkeybean8690
      @monkeybean8690 ปีที่แล้ว +1

      I can explain, SPAM!

  • @davidx8152
    @davidx8152 ปีที่แล้ว

    Great podcast Minority Mindset - Is there a way you could increase your volume at time of recording. The volume level is very low and it makes it difficult to hear.

  • @subpump2823
    @subpump2823 ปีที่แล้ว

    What kind of classes would I be looking for?

  • @waibosibili8546
    @waibosibili8546 ปีที่แล้ว +2

    Much appreciated content ❤

  • @THEREALESTATEHUSTLER
    @THEREALESTATEHUSTLER ปีที่แล้ว +2

    Thank you sir ❤🙏🏿🙏🏿🙏🏿💯

  • @Dave-zl2ky
    @Dave-zl2ky ปีที่แล้ว +7

    Investing emotionally is a big one. Always surprised by how many of us think the stock is their friend and will just go up.

  • @henryamoatey3196
    @henryamoatey3196 ปีที่แล้ว +1

    Wow!! I love this. Thank you coach

  • @ekhalekhadavid
    @ekhalekhadavid ปีที่แล้ว +4

    thank you, I felt like this video was made for me I will listen to it every morning to reenforced everything
    this is motivational for me

  • @MrApourv
    @MrApourv ปีที่แล้ว

    You have got real fresh perspective.

  • @independenceandstability9935
    @independenceandstability9935 ปีที่แล้ว

    Thank you for this truth Sir. God bless you 👍

  • @maryfrancisco8240
    @maryfrancisco8240 ปีที่แล้ว

    Thank you for the information. Iwant to buy gold,but dont know specific place to buy it

  • @SpynCycle57
    @SpynCycle57 6 หลายเดือนก่อน

    Track every cent you spend.
    Budget (Plan the spending of every cent before you get paid).
    Spend less than you make.
    Delayed gratification.

  • @healzen2055
    @healzen2055 ปีที่แล้ว +1

    Hey My Man!
    You have a video on investing in stocks while living on low income?

  • @jeremymeyer5552
    @jeremymeyer5552 ปีที่แล้ว +3

    Allot of times broke people can tell you exactly why they are broke and rich people can tell you what worked for them.

  • @GeorgeMendoza-i4c
    @GeorgeMendoza-i4c ปีที่แล้ว +1

    Thanks for taking your time to give me heads up on everything in life..

  • @princessunknown3158
    @princessunknown3158 ปีที่แล้ว

    Very true.....very true.... that's family starts from. You will miss opportunity believe me.

  • @KenyaMitchell
    @KenyaMitchell ปีที่แล้ว

    I love this message but I disagree with the 0% apr assertion. I bought my car on a 0% apr loan from Mazda when I was pregnant and desperately needed a safe car. I got the cheapest car on the lot, haggled down the price, and saved so much money I paid the car off a year early. It's about not spending more once you get the deal.

  • @amarindersandhu4664
    @amarindersandhu4664 ปีที่แล้ว

    Great Video 👍👍

  • @nubiavm1747
    @nubiavm1747 ปีที่แล้ว +1

    Listening to you is very motivating 🙂

  • @harleycartley3138
    @harleycartley3138 ปีที่แล้ว +48

    Avoid debt. Cut costs. Building wealth is in your mindset, work on that and your financial potentials becomes exponential, develop good habits like regularly putting money away in intervals for investments .The financial market has plenty of opportunities to earn.. I made my first million from passive investing in diverse assets with the help of my adviser Susan Kay Mack..it's been a year of steady growth..

    • @chrisanthony3560
      @chrisanthony3560 ปีที่แล้ว

      I totally agree with you..having diverse investments is a great way

    • @donaldlocher2537
      @donaldlocher2537 ปีที่แล้ว

      I did read about Susan Kay Mack on the web., quite a great resume she has

    • @clairefrewman1456
      @clairefrewman1456 ปีที่แล้ว

      Most people shy away from discussing financial management, which will come back to bite them in the future.

  • @haruko1297
    @haruko1297 ปีที่แล้ว

    since I really discovered you, my life completely changed

  • @UCzDwella201
    @UCzDwella201 ปีที่แล้ว

    I really appreciate your use of language. Im a first generation immigrant. I notified you speak as a collective. “Our US, our economy, we’re in a recession and so on”. You sir are more of a civil servant than most people born here! I’m listening to you and I Thank you!

  • @ellerellerek52
    @ellerellerek52 ปีที่แล้ว +1

    How about making video about CBDC and way to protect from it

  • @bringerofthedawn5544
    @bringerofthedawn5544 ปีที่แล้ว +3

    Great advice!

  • @chelliebean5773
    @chelliebean5773 11 หลายเดือนก่อน

    When I received my stimulus check I was determined not to spend them, I just treated my self to small portion of the first one. Thankfully i was able to keep them in a high yield savings account, and work monthly to add to it.

  • @cobrafinancialsolutions1039
    @cobrafinancialsolutions1039 ปีที่แล้ว +1

    Great video!

  • @tomdrummy4984
    @tomdrummy4984 ปีที่แล้ว +4

    I hope people realize that credit card interest rates are variable…………and are currently over 20%. Crazy stuff

  • @truefinancey
    @truefinancey ปีที่แล้ว

    So if a person is making 3000$ from which we paid all the monthly expenses household,food and etc a even invested 400$ from it and still remain with 400$ should we save it or what to do with it?

  • @candycoatedreams
    @candycoatedreams ปีที่แล้ว +4

    What's with all these spammy comments 😂😂
    As for financial education (or education in general), youtube university is an excellent place to start when you dont have a specific goal or the drive to reach the goal.

  • @joeynyc1000
    @joeynyc1000 ปีที่แล้ว

    I invested $1,100 every week on fidelity 500 index fun my gold is 6 years or more im afraid to take a risk investing in a aggressive stock

  • @2alawabidingcitzen
    @2alawabidingcitzen ปีที่แล้ว +5

    Man I've been preaching this for months to different people no one listen like my baby mother been telling her then she take a vacation to Las Vegas last month now this month she asking me for money to help pay her rent. 🤦🏾🤷🏽‍♂️ when I haven't been doing nothing for 6 months buts saving.

    • @SabrinaDacosta
      @SabrinaDacosta ปีที่แล้ว

      Saving? As long as you are paying for your own kid. Who is paying for your kid? The government? Taxpayers? Baby Momma? Easy to save if you dodge responsibility

    • @2alawabidingcitzen
      @2alawabidingcitzen ปีที่แล้ว +1

      @Sabrina Dacosta my son never leaves my side which is why I started a business and use him as the logo. Thanks.

  • @TerryProthero
    @TerryProthero ปีที่แล้ว +1

    I'm not wealthy, but I do have a good amount of money in savings. And that alone has helped me quite a bit. I have little trouble paying my bills and always have money for emergencies. So, you can listen to other people, but you need to consider what they are doing well and what they are not doing so well. And you can learn from both. Do the things they are doing right, and avoid the things they are doing badly. In my case, I know how to manage the money I have, but I know very little about making money. In terms of spending money, my philosophy is to spend a little money on luxuries but to not go too crazy with it. So, you are always living within your means.

  • @ActiveRehabMobility
    @ActiveRehabMobility ปีที่แล้ว

    Love jaspreet. But notice a lot of guests talking about “meme” stocks in a negative tonne. Can someone maybe for once talk about illegal shorting and all of the shady business practises of citadel which can potentially make “meme” stocks quite lucrative.

  • @AnimeOrbit-9
    @AnimeOrbit-9 ปีที่แล้ว +7

    i am the first viewer of this video

  • @LordGreavous
    @LordGreavous ปีที่แล้ว +1

    i like to have enough to be comfortable and then invest the rest, if my wage goes down ill lower what i spend on myself inline with lowering investment, if it goes up ill only slightly increase my comfort, well because im already comfortable and bump the rest all into investments.

  • @chenvictor8
    @chenvictor8 ปีที่แล้ว

    What are your thoughts about land investing?

  • @NITISHBHATT008
    @NITISHBHATT008 ปีที่แล้ว

    Tusi chaa gaye paaji.........

  • @getinthespace7715
    @getinthespace7715 ปีที่แล้ว +7

    So far selling my reit investments and shifting my retirement to a money market the beginning of February has been the smart moves. I avoided over 30% losses in the reits and instead of posting losses over the last few months I'm getting almost 5% returns on my retirement and am safe for if/when the market tanks.
    If the market sells off I can buy back in and make some good returns.

  • @livingthedream8404
    @livingthedream8404 ปีที่แล้ว

    Jaspreet!!! 💪🏽 🧠

  • @kfk256
    @kfk256 ปีที่แล้ว

    Lol! I see you're giving Chipotle a break. "Sweetgreen". 🤣🤣🤣🤣

  • @rodiculous9464
    @rodiculous9464 ปีที่แล้ว +3

    Some platforms like robinhood specifically tap into emotional investing by having all these gamified UI features. And then they sell your order flow to the big institutional investors so they can make money off you. So make sure you understand the difference between empowering yourself and becoming a customer for someone selling you dreams of empowerment. Max kaiser's "casino gulag" really rings true here

    • @SabrinaDacosta
      @SabrinaDacosta ปีที่แล้ว +1

      Robinhood is a great app for beginners investors. Buy low sell high re-invest and compound that. Who cares how Robinhood makes money as long as I’m making money by compounding weekly and learning as I go. That’s a win/win for me

  • @Sachin-tx6qe
    @Sachin-tx6qe ปีที่แล้ว

    Total assets are equal to networth plus liabilities Jaspreet ty for the financial education

    • @Sachin-tx6qe
      @Sachin-tx6qe ปีที่แล้ว

      Make sure to look out for scams especially near the 5th.

  • @PCREPAIRZ1
    @PCREPAIRZ1 ปีที่แล้ว

    The best way to save money is to..... take good care of the things you have...

  • @2alawabidingcitzen
    @2alawabidingcitzen ปีที่แล้ว

    Lil wayne been said don't you ever get to comfortable.

  • @KidCity1985
    @KidCity1985 ปีที่แล้ว +2

    The wise , rich uncle.

  • @chrispowers627
    @chrispowers627 ปีที่แล้ว

    Is Sweetgreens one of your start ups? If so nice plug.

  • @truefinancey
    @truefinancey ปีที่แล้ว

    Thanks for the information I want to ask you that I want to invest in S&p 500 for long term is it a good way to get started

  • @SeamusMcMichael
    @SeamusMcMichael ปีที่แล้ว

    Great extensive long-form video 3:06

  • @ConcernedCitizen-fx7du
    @ConcernedCitizen-fx7du ปีที่แล้ว +1

    Don’t take advice from someone who’s always trying to borrow money from you

  • @MTXSHO9732vV8SHO
    @MTXSHO9732vV8SHO ปีที่แล้ว +29

    Trying to help BROKE PEOPLE get prepared to Invest is SUPER DIFFICULT 😂😂😂. They don't want to do it

    • @IRdatank
      @IRdatank ปีที่แล้ว +6

      Broke people: "Wealth is impossible. Nobody can buy a house."
      Wealthy people: "Spend less than you earn. Invest the difference. Put your raises to work for you instead of paying the bank."
      Poor people: "Yeah man. That's cool. So what like $20/month?"
      Wealthy people: "Minimum $200/month for your retirement."
      Poor people: "Impossible!" *Mouth full of $8 sandwich bought five times a week*

    • @Kalivermore925
      @Kalivermore925 ปีที่แล้ว

      @@IRdatank are you acting like eating a $8 sandwich 5x a week is a luxury lifestyle?? That’s called survival … i weigh 120 pounds am i supposed to eat less than 5x a week now?? You realize Subway used to be $5 now it’s $10 for the same sandwich … not everyone that is broke is because they eat too much avocado toast

    • @Kalivermore925
      @Kalivermore925 ปีที่แล้ว +2

      @@IRdatank i make $32 an hour in the same town they are building 550 Sq ft studio apartments and are charging $3,100 a month to lease … do the math and tell me where my $200 a month is supposed to come from

    • @IRdatank
      @IRdatank ปีที่แล้ว

      @@Kalivermore925 if you're making that much and investing $200/month is simply impossible, you need much more help than I can provide in a YT comment. I am willing to help you though, if you will let me.

    • @IRdatank
      @IRdatank ปีที่แล้ว +1

      @@Kalivermore925 if one sandwich costs you $8, it is an entertainment purchase. For $8 at the grocery store, you can get supplies to make a dozen sandwiches. If you cannot afford to invest for a bare minimum retirement, an $8 sandwich should be a very rare purchase.

  • @D4x4Bronc
    @D4x4Bronc ปีที่แล้ว

    Paying way too much for a home is a nice long financial trap

  • @Nigriff
    @Nigriff ปีที่แล้ว

    If your "financial adviser" works at a bank, they are there to sell products and make the bank rich, not you.

  • @georgeblake2187
    @georgeblake2187 ปีที่แล้ว

    Great encouragement on point. always well done 👍

  • @CAGChannel1
    @CAGChannel1 ปีที่แล้ว

    Does sweet greens have extra guac??? That is the question ;)

  • @ellerellerek52
    @ellerellerek52 ปีที่แล้ว

    Gold is not speculative investment, worst it can happen it will just grow with inflation

  • @mrjay3614
    @mrjay3614 ปีที่แล้ว

    Instagram culture 😂... on point amigo

  • @boowest1258
    @boowest1258 ปีที่แล้ว +2

    I’m broke! I don’t give advice unless I hear good; reliable information about money on how to grow money from knowledgeable people like you and others who have studied the workings on how to be financial literate and financially free. Thank you for your advice because I didn’t know nothing about money but how to spend it💯Looking at your podcast is knowledgeable along with others! I give the advice you and other financially free people to others but they won’t research nor understand how to make money work for them! If your information is wrong then I guess I’m a-s out of luck anyway thank you because I know your information is informative and right💯

  • @stevenporter863
    @stevenporter863 ปีที่แล้ว

    Society wants you to spend: house rich or house poor is basically giving the government a larger pool for property tax, paying the bank interest for decades, higher insurance, paying for repairs, etc. while the 'owner' paid two or three times the house value (mortgage interest) and doesn't have anything left to buy groceries or whatever because none of it is liquid. Like a luxury car owner who has no money for gas.

  • @lilredexptsc
    @lilredexptsc ปีที่แล้ว

    We went to seek out an advisor a few weeks ago and the guy did not give off good vibes at all. The weirdest thing about him was I asked about his watch he had on, I could tell it was a Rolex. He shoved it back under his sleeve and was like oh idk what kind of watch it was. Everything he said after that my mind was already out of the conversation. Next!

  • @justbeingfrank6342
    @justbeingfrank6342 ปีที่แล้ว

    Wait? What if the advice was not to do what they did that led to them being broke?

  • @rinakaur7245
    @rinakaur7245 ปีที่แล้ว

    Sound advice.

  • @mikeazriel5116
    @mikeazriel5116 ปีที่แล้ว

    Trying to help broke ppl is draining and leaves you stuck in place. My own Mom signed away a 400000$ home bc some lawyer said he would help her with bk taxes even after i said don't do anything ill handle it so now he's got a new home for 47 grand i cant fix stupidity. Smh 🤦‍♂️

  • @asligok1946
    @asligok1946 ปีที่แล้ว +181

    Amazon released Fb44TC the first market change this year simply cus of that release 👍

  • @SabrinaDacosta
    @SabrinaDacosta ปีที่แล้ว +1

    I also don’t take advice from rich people who over leverage themselves and then lose all their properties and expensive toys when the house of cards come down. I also don’t take advice from financial advisors they don’t know Jack. I only trust myself as I can’t really afford to have my whole portfolio go down 80% and then wait 30 years for it to barely break even. What a joke!

    • @chasemytaillights
      @chasemytaillights ปีที่แล้ว

      Don’t over leverage yourself, if you over leverage yourself you aren’t rich. If you don’t want to invest in assets, you’re welcome to but you won’t make it rich that way. And if you aren’t looking for investing tips to generate wealth, you clicked on the wrong video anyway.

  • @benvanbronkhorst6531
    @benvanbronkhorst6531 วันที่ผ่านมา

    When I got stimulus money I spent it on a rental house

  • @MasterYoda389
    @MasterYoda389 ปีที่แล้ว

    I hate how people with money always put down others as if they are some kind of beacon of excellence and special characteristics.
    Bro, you just got lucky. There isn't infinite money, not everyone can be successful all at once, we MADE society this way! Minority mindset my ass.,

  • @TheSofaKing2.0
    @TheSofaKing2.0 ปีที่แล้ว

    if you miss a payment 0.0% gets jacked up to 20%

  • @budgetwithshelly
    @budgetwithshelly ปีที่แล้ว

    Funny thing is…I got a stimulus check on Black Friday. What did I do? Nevermind…🙄

  • @malldemelanin
    @malldemelanin ปีที่แล้ว

    Basic truths.

  • @celticfiddle7605
    @celticfiddle7605 ปีที่แล้ว

    You are such a great teacher.

  • @albertoaguilar2651
    @albertoaguilar2651 ปีที่แล้ว

    Volume to low. I'm working, can't wear earbuds

  • @RelaxInCanada
    @RelaxInCanada ปีที่แล้ว +1

    Thank you so much for this educational video, keep sharing your valuable tips!

  • @spsingh5857
    @spsingh5857 ปีที่แล้ว

    Giani read good books

  • @snoopanoop7705
    @snoopanoop7705 ปีที่แล้ว

    Keep up the awesome content

  • @hakimboutarene2477
    @hakimboutarene2477 ปีที่แล้ว

    Some Broke people can give you advice as they can tell you what not to do. Some rich people don't manage money so well but are rich only because they are successful and do not spend all their money.

  • @LongShot90
    @LongShot90 ปีที่แล้ว

    Hail Mammon, Hail Clauneck, Hail Bune. All hail the true trinity of money and wealth.

  • @guccipappi278
    @guccipappi278 ปีที่แล้ว

    No we are all literally wanting to do what you do.

  • @Hellofa6ird
    @Hellofa6ird ปีที่แล้ว

    Just once I would like to hear tips on how to get from paycheck to paycheck without having an emergency fund, finally getting one...
    I guess a credit card could be that emergency fund as long as paycheck to paycheck could cover the APR...

    • @shnymnstr5856
      @shnymnstr5856 ปีที่แล้ว

      Set 10% aside to savings first! Then pay your bills.

    • @Hellofa6ird
      @Hellofa6ird ปีที่แล้ว

      @@shnymnstr5856 love how you assume there's 10% after bills ...