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
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
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.
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
Iāll save you some time. Thereās no easy way to make 500 a day.
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.
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.
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
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.
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.
Thank youš for this video, do you offer account management or have any recommendations?
This Is absolute golden information Thank you !
Easily make 500 dollars a day? I mean clickbaiting is part of the youtube game, but at some point it can go too far, how are any of those things going to 'easily' generate 500 dollars a day?
Lol I love that! Taking a clip of DiCaprio printing checks and cashing out multiple checks at the same time before it reflects on their books. The movie āCatch me if you canā is the father of passive income idea
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.
4:39 wait a minute when did yt add that? Look at the like button when he says to like it turns all rainbow thatās pretty cool
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.
i stopped working in hospitality industry. damn , your work hour is not from 9-5 like what most people said., but here its like 8AM- 12midnight esp when you work in office. then you go back home and reach home at like 1:30 am and sleep at 2 am. go to work by 6:30 am . urghh.. although we have office schedule/hour rotation, in hotel industry its mostly like this. quit and start my own business, and get into crypto and i feel more fulfilled now. This channel is really amazing. Really help many lives a lot.
āIf you donāt find a way to make money while you sleep, you will work until you die.ā -Warren Buffett
@VincentChan