@laiarturs1889
Ideas mentioned in video: 1. Sell something online 2. YouTube account 3. Affiliate marketing / influencing 4. Index funds / dividend stocks 5. Royalties (e-books, photos, music) 6. Real-estate crowd funding 7. Crypto coin staking 7.5. Crypto coin lending
@EpticityOG
My dream isnāt even to become a millionaire, itās just to make enough money where I feel comfortable to not only meet my financial needs but also support my family stress free
@albacus2400BC
The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
@Erinmills98
It is not always 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.
@AlbertGReene-p8w
Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.
@MIchaelGuzman737
If you're looking to get rich quick then the stock market isn't for you. You've got to overcome your nerves and look at the bigger picture long term.
@instinctively_awesome8283
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.
@Adukwulukman859
I'd be retiring or working less in 5 years, and I'm curious how others split their pay, how much goes into savings, shopping, or investing; I earn roughly $250K per year but have nothing to show for it.
@jennyr.cordero2018
I'm so happy i made productive decisions about my finances. I'm a single mother, Bought my second house last month and looking forward to my retirement next year if things keep going smoothly for me.
@Tomtownsend485
Roughly $120K in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.
@faufaufau
More reasonable timestamps: 1:23 1. Digital assets. Things like Excel templates or anything that can be sold infinitely. Expand from there 3:43 2. YouTube 7:24 3. Affiliate marketing 8:47 4. Buy stocks, particularly index funds 12:18 5. Royalties, such as from ebooks 14:34 6. Real-estate. If too expensive, check out real-estate crowdfunding 16:16 7. Crypto staking 18:20 7.5 Crypto lending You're welcome
@charlottehoward376
Most times it amazes me greatly the way I move from an average lifestyle to earning over $50,000 per month .. Owning a passive income has turned from a being a luxury to a necessity š
@juanduque7983
yeh, its those who say "its so easy, everyone can do it!" ...then why isn't everyone doing it? it sounds scammy especially when there is an overlly expensive item (lambo, tesla, multimillion $ mansion, etc) in the background like that says that everyone should have one of these.......... but Vincent does point us to the right path, good job man
@vanhall9513
These are fantastic takes, I feel exceptionally lucky I started investing in my early 30s and consistently compounded my income via assets to create more cash flow. I grew to a 7 figure well-diversified portfolio having exposure to different prolific lnvestments mainly savings account, stocks, ibonds and high yield dividend funds. Forever grateful to my adviser James Fletcher Brennan. Passive income is mandatory for building long term wealth.
@kathleenstoner.n7499
Legends to embrace if you want to get rich investing Vin and Gary Joe Wilde.
@Sammy-vc3nu
Iāll save you some time. Thereās no easy way to make 500 a day.
@nickpope5056
Thank youš for this video, do you offer account management or have any recommendations?
@brianrosetti4684
There is more to life than just paying bills and working 9 to 5, if we have the knowledge of how to create income there would be no need to rely on our monthly checks.
@PierceJPeterson
āIf you donāt find a way to make money while you sleep, you will work until you die.ā -Warren Buffett
@VincentChan