Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. 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.
A lot of folks downplay the role of CFAs until being burnt by their emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat. Hence, I researched and came across someone of utmost qualifications. Over half a million in ROI.
I've worked with a few CFAs over the past years, but I've stuck with ’Graham David Fullerton’ for about five years now, and his performance has been consistently impressive. He’s quite known in his field, use his name to conduct a quick internet search.
I've worked with a few over the past years, but I've stuck with ’Graham David Fullerton’ for about 5 years now, and he has been consistently impressive.
@@maximiliankiel2996 Lol what? You can tell it's his normal talking speed. He has podcasts with other people where he speaks the same way. What a strange comment to make.
I really like how thorough you are and how well you explain everything, and the book is amazing as well. There's also a book I would recommend that you add to your book club called ancient wealth cipher, that book saved me financially and helped me learn things about money I never knew existed and were possible. Anyways keep up the good work!
i purchase my home at age 19, and now own 10 houses but will not take risk that "sense of security" Most individuals from previous investing and now broke and dead, because of chasing money that their bodies couldnt keep up!! fools and senseless way of living. Ego and Status Models that rip the soul.
Best book that I ever read was "Rich People Know This", what I founded inside was miracle. So facinating facts about riches mindes and how they think is banger. Would reccommend to every person who wants to get rich!
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), bitcoin, and gold. I'm also working on an investment plan that includes NFTs with my advisor,Kelvin Maorgan. It's been a year and half of steady growth.
@Dana Andrioaie exactly, bitcoin has lots of potential but people prefer keeping there money in banks than investing. From my research nobody became super rich through savings put that money to work
earning money from the comfort of my home save me from financial crisis during the covid, lost my job had little to nothing but a friend introduced me to bitcoin investment and that was the story changing moment of my life. Bitcoin investment saved me
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
@@cliffordmatthew2789 It's important to have patience in order to build wealth. In fact, patience might be one of the most important factors in lnvesting.
@@cliffordmatthew2789 Sometimes we're the only ones stopping ourselves from moving forward b/c of our emotions. With a strong-willed mindset, anything is possible.
@@natalieattkisson7997 I have been thinking about how to grow my reserve by 100% or more within months. I will be grateful if you can give tips or anything on how to make good market picks and how I can get my portfolio diversified and balanced in order to meet up my targe
@@davidbjorn8891 Think long term, personally i ventured into the market so i won’t be stranded after i retire. A colleague of mine introduced me to CFA " HELEN EUGENIO TORRALBA " who drew out retirement plans and they all aligned with what i wanted and had to pick one plan and with her exit and entry strategies on commodities , securities and digital assets, my portfolio has really been diversified with good ROI. I am really impressed by how much i have achieved
I really adore how fast you talk. People ask me to stop talking so fast all the time. But if I slow down I lose my train I thought. Not sure how I subscribed to your channel but I'm glad I did. Thank you
I have read the book and listened to the audiobook on audible ... but I gotta say that this is the best summary of the book on the internet if anyone is looking to reinforce the learnings from the book
psychology of money was gifted to me by my wife on my birthday. It is the best book that I have read in recent years. I truly agree with the base assumption of the book that at a personal level money is about psychology, discipline and grit and not about formulas and maths.
Wow all I can say is that advice is spot on. I am 50ish 100% debt free, no mortgage, paid for basic vehicles and work a job I enjoy. You are absolutely correct on every point you have made. My time is free to do whatever I want because I’m not tied to any debt. Thank God I learned the lessons you are talking about early. Your content is well made and very helpful. Keep up the good work!
It’s easier to make money now, investors should make more practical moves this coming year and seek guidance where needed since the future is unknown. Stocks with solid operational performance and financial strength, should be considered .
I think it’s best for investors to play it safe, No one can say what how the stock market will turn out this year. I bought some stocks I expected to do better but they didn’t.
I'm currently living with my parents and I disturb them all day by telling what I read everyday . I think unknowingly it is a great way to remember what you read. And now I’m currently about 80% through "Playbook to Millions by Grant Cardone. I have read a lot of entrepreneurial books and self improvement books, and this book is my absolute favorite. This book is extraordinary and really gets you to work extremely hard toward your goals in life and succeed at multiple different areas like personal finance, business and career. This is an absolute must buy if you need a push to get you going in business or you want more out of life.
1. Everyone has different attitudes towards money 2. Don't underestimate the importance of luck 3. Learn to say "this is enough" 4. Appreciate the magic of compounding 5. Save as much as you can 6. Focus on not screwing up 7. Use money to buy freedom 8. Getting wealthy is different to staying wealthy 9. Don't be a flashy twat 10. Leave room for error 11. Avoid financial commitments for your future self 12. Be reasonable rather than rational
My 3 recommendations : 1. Atomic Habits by James Clear, which is great for fixing your daily routines 2. Fast Track to Fortune by Nathan West , which is 1h read that helped me understand what I want to work on and guided me towards 3.The Psychology of Money by Morgan Housel, as I noticed some problems with my money management. Read more, and you will know more; that's a real advantage over others.
Paid off my students loans early putting as much as I could afford from my salary into it, and just as Ali suggests with his mortgage example, it is not the best thing to do at all, but the emotional value of having that weight off your shoulders just gives me peace. In the end, I just want peace.
Same!! I took out student loans my first year and then worked my ass off to pay them down while still in college. It would've been much "smarter" to wait since they weren't accruing any interest at all...but graduating debt free was an amazing feeling and 100% worth it.
This is correct because I had a mortgage on my house and I worked twice as hard and cleared that and to tell you the truth it feels quite good. And once I did that I found out that the sources of income stayed with me and now I can save them and put them in right place.
STARTING EARLY IS THR BEST WAY OF GETTING AHEAD TO BUILD WEALTH, AND INVESTING REMAIN A PRIORITY. THE STOCK MARKET HAS PLENTY OF OPPORTUNITY TO EARN A DECENT PAYOUTS, WITH THE RIGHT SKILLS AND A PROPER UNDERSTANDING OF HOW THE MARKET WORKS.
Repent, trust, and believe in Jesus and be saved. John 3:16“For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. For God did not send his Son into the world to condemn the world, but to save the world through him.”
As a money book writer, I liked the pointing out that you need to have limits in place. In my book, I talk about greed (the HIH scandal) and how our emotions rule our money decisions more than we think.
Morgan Housel was a guest speaker at the CFA South Africa conference this year and I loved his insights and had a mental note to get the book. Now you've convinced me to buy the book and read it over my December leave since I always do personal finance mindset refreshers for my overall life planning. Fantastically done Ali! Thanks
People, these reads are part of the herd. You're after something extraordinary, something that distinguishes you. Go uncover the confidential Earn More Money Than Your Boss and only then will the true essence of wealth and the shortcuts to success reveal themselves
I wish this guy was my teacher at some point in my life. Fast, straight to the point but retained my undivided attention for 16 mins straight and I grasped everything he said😂💯
The wisest thing that should be on every wise individual's list is to invest in different stream of income and don't depend on the government to bring in money especially now the pandemic is hitting the economy
There's a ton of important ideas in this video and I suggest, even to native Engish speakers, to use the settings to slow the speed to 75% : this will greatly increase your ability to truly assimilate the information. Thank you for a good post, Ali.
Lesson 1, 9, 10, and 12 were my favorite when I initially read this book. Understanding that who you are and where you are from and your relationship around money will impact your finances. It’s made me much more compassionate towards others. Not to mention, people think I’m crazy when I tell them my dream car is affordable, has a good stereo system, low maintenance, and is good on gas. No range rovers or Ferraris for me! 🤣 Emotions play a big role in finances. This is a book everyone should read honestly! I loved hearing your insights since you focused on points in way I hadn’t thought about before. Sharing this with my book club friends. Thanks!😁
Bro this is my first ever comment on you tube....generally I see videos on 1.5x or 2x speed...but because of your speed I saw this video at 0.75x...but nice work bro👍
While these points aren’t totally new to me, hearing about them this way makes them great reminders to stay on the path. As my business has changed, it has definitely changed money behavior and ideas, so it’s great to be reminded of these things and recenter myself.
Repent, trust, and believe in Jesus and be saved. To repent means you confess your sins (the acts and thoughts that are wrong according to God and His Word) and ask for forgiveness with sincerity. Once you do this, strive to no longer do those wrong/sinful things, but do what is right according to God’s Word. It’s not by doing good things that you are saved but by trusting and believing in God and His grace/mercy. John 3:16-17 For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. For God did not send his Son into the world to condemn the world, but to save the world through him.
new to the channel and here for 2022. love how you share useful and necessary info and so simply that everyone can get at least something lasting from each of these.
Thank you! This was the best review of this book I have experienced. I have listened to Many reviews but I could not be convinced to sacrifice a credit from Audible. However it was the way you outlined and gave concise and clear points. After your review I ordered the book on Audible. Yay! Thanks again!😘
Many on UA-cam summarizing this book… best is yours. You captured the points well and explained it clearly. Could have done away with background music and playback speed slowed to 0.75
People who give up in life are people who lose in life, my first experience happens to be a failure but I never gave up cause I knew it was going to work out for me trying continuously, fortunately I'm smiling today by getting involved in investment.
@@cedricjiosh6935 you're right Forex trading is surely a lucrative way to invest whether you want growth, leverage, stable income or something in between.
Obviously often times we just look for what to invest in and usually encounter these problem. It's either the money is too huge for what I want to invest or it could require more than expected
I just wanted to say your journey in medicine inspired me to make my own UA-cam channel documenting my journey so THANK YOU!! You always have incredible life tips and even though your no longer pursuing medicine I know that there are still so many things I can learn from you. I love your content and I’ll continue to me a loyal subscriber ❤️☺️
Next vid suggestion: *How productively study for logical reasoning based competitive exams like JEE ADVanced and stop talking about active recall,spaced repetition which only applies for easy memory based american medical exams for noobs....I mean JEE adv is smthg of another level* Wasted my time nd money on that skillshare course of his [how to study for exams]...mybadd...ended up with perfectionism,analysis paralysis,etc and that the methods discussed only apply for memory based exams
I am currently reading this. I love the kindness undertone, the i understand tone of a friend, judgement free zone. It has helped to encourage me to save more.
An investment is hope expressed in money. savings is a discipline embodied in money. economy is wisdom expressed in money. credit is impatience expressed in money
making money (offence) and saving or conserving money (defence) are opposite moves. I think they come together, so you can't be offensive/defensive all the time in financial management, it needs to be both.
This book summary is the best financial advice you can give to anyone. One of the key lessons is that wealth accumulates over time, there’s no such thing as get rich quick scheme!
The psychology of money is my favorite read, reading it gave me the nudge i needed to start investing and thank God i did because i have been going all out from the s&p rise, i was one of the few people to hold when the stock was plummeting, now i have close to 2 million in my portfolio. huge props to my CFA James Fletcher Brennan who handles my portfolio, he's the only man i know that's richer than me, haha
after seeing this, i must say this is the inspiration i need to get in on this, by the way, out of curiosity i checked your FA James Fletcher Brennan and his resumé is something i can work with, although i have one question...does he work on commission?
Hey Ali, Thanks for being so refreshingly honest and real. I found you via David Perell with him recommending your Part-Time UA-cam Academy.. I missed the deadline for this cohort but I signed up for your waitlist. In the meantime, I thought I might just check out your actual YT channel to see who this Ali is. My goodness, your good. I came here looking to see whether I could learn something about your style....but before I could, your content certainly grabbed my attention. To think, I just came to see your style, so as to prepare me for joining your YT program, but your great content piqued my interest too. Thank you!
Successful people don't become that way overnight. Most people you see as glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray anyone who reads this will be successful in life
Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning?? I would appreciate
@@howeross336 It's great to see someone talking abt Jennifer, trading alone can be very dangerous, I can attest to that. This woman was a game changer for me. Access to good information is what we need to get ahead financially in life.[..
Hey Ali. Tnx for an amazingly elaborate review of The Psychology of Money. You summary is so precise but covers all aspects of this books. I hate listening to king speeches and videos and I have to say you made it so interesting for on to listen and grasp the lessons as I’m currently reading the book and enjoy listening to reviews after every reading chapter. 🌹
I needed this! Going into the new year with a renewed focus on getting good with money (not that I’m the worst, but…). Want to invest loads into this channel and for that I need 💰💰🤷🏻♂️ Gonna get this book to read in full. Thank you man 🙏🏼
Extraordinary person reading this, you are not define by your circumstance or your past. It’s not what happened to you that determines your success in life; it is how you deal with those circumstances that determines your success in life! You are strong, you are capable and practice forgiveness and gratitude everyday. This will change the course of your life forever! Love you always and I believe in you wholeheartedly ✨❤️ - Nat
Absolutely love this book! I put a video up yesterday on my top 3 investing/ personal finance books and this was one of them! Thanks for sharing your view Ali! Really inspired by your channel 😊👍
Sounds like an amazing book. Funny enough, a lot of these I have already shared same values. But hard to find like minded. Glad to see there must be many who share these goals
Hi! Thanks again for another awesome video! I discovered you a couple months ago and have been loving your content! I feel like you provide a lot of value in your videos and you are pretty funny also! Thanks again, looking forward to the next one! Matt
“All riches have their origin in mind. Wealth is in ideas-not money.” -Robert Collier The only thing YOU can truly control is the way you think of things.
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. 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.
A lot of folks downplay the role of CFAs until being burnt by their emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat. Hence, I researched and came across someone of utmost qualifications. Over half a million in ROI.
I will like to ask, how did you achieve it? I'm looking out for a better strategy, I have a lump sum that inflation is steady eating up.
I've worked with a few CFAs over the past years, but I've stuck with ’Graham David Fullerton’ for about five years now, and his performance has been consistently impressive. He’s quite known in his field, use his name to conduct a quick internet search.
I've worked with a few over the past years, but I've stuck with ’Graham David Fullerton’ for about 5 years now, and he has been consistently impressive.
I love how fast he talks. Doesn’t waste time and gets straight to the point. I appreciate humans like this. I subscribed.
He just sped up his video by 25%, switch the speed to 0,75 to see him talk like every other human 😅. Those UA-camrs…
@@maximiliankiel2996 he really speaks fast...
@@maximiliankiel2996 Lol what? You can tell it's his normal talking speed. He has podcasts with other people where he speaks the same way. What a strange comment to make.
Yeah no, I don’t. It’s hard to follow. Thank god for the speed button.
@@maximiliankiel2996 i
I really like how thorough you are and how well you explain everything, and the book is amazing as well. There's also a book I would recommend that you add to your book club called ancient wealth cipher, that book saved me financially and helped me learn things about money I never knew existed and were possible. Anyways keep up the good work!
Antozent- they are selling around 250 self help ebooks for the price of one (including this one)
The concept of Secret Pathway To Triumph blew my mind. It’s like finding a cheat code for financial abundance.
"There is no reason to risk what you have and need, for what you don't have and don't need." I really liked the quote.
i purchase my home at age 19, and now own 10 houses but will not take risk that
"sense of security" Most individuals from previous investing and now broke and dead, because of chasing money that their bodies couldnt keep up!! fools and senseless way of living. Ego and Status Models that rip the soul.
I read this comment exactly the time he said it in the video xD its a good quote tho
Best book that I ever read was "Rich People Know This", what I founded inside was miracle. So facinating facts about riches mindes and how they think is banger. Would reccommend to every person who wants to get rich!
Where Did You Find The Book?
its kinda crazy how no one talks about Nixorus and book called Money Ancient Magic
I agree, they have great stuff
bots
one of the best book in my life, all recommendations !
i started reading this book, defintelty game changer!
goated book!
“Savings = Income - EGO” was my favorite quote
Yeah, everyone should stop keeping up with the Joneses!
Wow, best quote ever 👏😍
When you stop learning, you get left behind. Never stop
educating yourself
I love this, i pray this message gets to everyone who needs it
Building wealth involves developing good habits like
regularly putting money away in intervals for solid
investments. The stock market has plenty of
opportunities to earn which I myself took advantage of.
I made my first million from going diverse, mainly
ETFs(stocks, bonds etc), bitcoin, and gold. I'm also
working on an investment plan that includes NFTs with
my advisor,Kelvin Maorgan. It's been a year and half
of steady growth.
@Dana Andrioaie exactly, bitcoin has lots of potential but people prefer keeping there money in banks than investing. From my research nobody became super rich through savings put that money to work
@@simonethomas9393 True, building wealth requires developing positive mind as we live in a world full of great opportunities but many still miss out
earning money from the comfort of my home save me from financial crisis during the covid, lost my job had little to nothing but a friend introduced me to bitcoin investment and that was the story changing moment of my life. Bitcoin investment saved me
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
We have learnt in investing journey that you can't control the market but you have the power to control your actions in the market
@@cliffordmatthew2789 It's important to have patience in order to build wealth. In fact, patience might be one of the most important factors in lnvesting.
@@cliffordmatthew2789 Sometimes we're the only ones stopping ourselves from moving forward b/c of our emotions. With a strong-willed mindset, anything is possible.
@@natalieattkisson7997 I have been thinking about how to grow my reserve by 100% or more within months. I will be grateful if you can give tips or anything on how to make good market picks and how I can get my portfolio diversified and balanced in order to meet up my targe
@@davidbjorn8891 Think long term, personally i ventured into the market so i won’t be stranded after i retire. A colleague of mine introduced me to CFA " HELEN EUGENIO TORRALBA " who drew out retirement plans and they all aligned with what i wanted and had to pick one plan and with her exit and entry strategies on commodities , securities and digital assets, my portfolio has really been diversified with good ROI. I am really impressed by how much i have achieved
#1 book for me is "hidden art of wealth" and it goes down the rabbit hole on how you make money etc. it's in my bio but no for long
same bro. the amount of stuff i learned is unreal. 10/10
wasn't it banned or am i trippin
how can i find it
I love that he talks fast and what he says contains no fluff. THANK YOU ALI! I actually am listening and absorbing information.
I really adore how fast you talk. People ask me to stop talking so fast all the time. But if I slow down I lose my train I thought.
Not sure how I subscribed to your channel but I'm glad I did. Thank you
I have read the book and listened to the audiobook on audible ... but I gotta say that this is the best summary of the book on the internet if anyone is looking to reinforce the learnings from the book
Totally agree, Sangeet! Such condensed information and structured in the right way.
Is it still worth reading the book having watched this?
I recommend everyone to find the forbidden book titled Money s Hidden Magic it goes deep into all of this, and it changed my life.
Who is author of book?
Sterling Wolff, sir @@okeyohaji3682
@@okeyohaji3682ur mom
Hi who is the author of the book?
@@BCoffee8 me
Secret Pathway To Triumph is so unique. I can’t believe I hadn’t heard about it sooner. It’s amazing how life-changing this can be.
psychology of money was gifted to me by my wife on my birthday. It is the best book that I have read in recent years. I truly agree with the base assumption of the book that at a personal level money is about psychology, discipline and grit and not about formulas and maths.
Wow all I can say is that advice is spot on. I am 50ish 100% debt free, no mortgage, paid for basic vehicles and work a job I enjoy. You are absolutely correct on every point you have made. My time is free to do whatever I want because I’m not tied to any debt. Thank God I learned the lessons you are talking about early. Your content is well made and very helpful. Keep up the good work!
Your living the dream , i work my hardest to achieve this lifestyle when I am between 40-50 .
I love how fast he talks yet is so clear:). Love his videos! Always great content.
11:05 I think this was such an important point and I can’t believe how briefly you covered it!
It’s easier to make money now, investors should make more practical moves this coming year and seek guidance where needed since the future is unknown. Stocks with solid operational performance and financial strength, should be considered .
I think it’s best for investors to play it safe, No one can say what how the stock market will turn out this year. I bought some stocks I expected to do better but they didn’t.
Impressive. I’ve been considering stock trading, it’s incredible how much people make daily on the market.
I'm currently living with my parents and I disturb them all day by telling what I read everyday . I think unknowingly it is a great way to remember what you read. And now I’m currently about 80% through "Playbook to Millions by Grant Cardone. I have read a lot of entrepreneurial books and self improvement books, and this book is my absolute favorite. This book is extraordinary and really gets you to work extremely hard toward your goals in life and succeed at multiple different areas like personal finance, business and career. This is an absolute must buy if you need a push to get you going in business or you want more out of life.
1. Everyone has different attitudes towards money
2. Don't underestimate the importance of luck
3. Learn to say "this is enough"
4. Appreciate the magic of compounding
5. Save as much as you can
6. Focus on not screwing up
7. Use money to buy freedom
8. Getting wealthy is different to staying wealthy
9. Don't be a flashy twat
10. Leave room for error
11. Avoid financial commitments for your future self
12. Be reasonable rather than rational
whats the rest 3?
thank you so much !
Thanks
Thank u very much 🙏♥️
thanks to you from the bottom of my heart!
My 3 recommendations : 1. Atomic Habits by James Clear, which is great for fixing your daily routines 2. Fast Track to Fortune by Nathan West , which is 1h read that helped me understand what I want to work on and guided me towards 3.The Psychology of Money by Morgan Housel, as I noticed some problems with my money management. Read more, and you will know more; that's a real advantage over others.
Love that you discussed the emotional side of personal finance
me too!
When you invest, you are buying a day that you don't have to work.
I pray everyone reading this becomes successful.
@John Alfred Crypt0 investment, but you will need a professional guide on that.
@John Alfred you can reach out to him now on FB 👇
@John Alfred Mark J. Ramsey
You stole this comment, FOOL!
@@myytchannel6632 these are investment Bots dont fall for the tricks Theyre all over YT
Paid off my students loans early putting as much as I could afford from my salary into it, and just as Ali suggests with his mortgage example, it is not the best thing to do at all, but the emotional value of having that weight off your shoulders just gives me peace. In the end, I just want peace.
In the end, you are buying freedom, and freedom is a subjective matter. Congrats
Same!! I took out student loans my first year and then worked my ass off to pay them down while still in college. It would've been much "smarter" to wait since they weren't accruing any interest at all...but graduating debt free was an amazing feeling and 100% worth it.
Am trying to figure out to pay off or invest since what o saved is equivalent of how much I owe! Lol
Regardless u did great debt is debt.
@@marthaayalew2505 i wouls say invest half and pay off the other half that way you done have to decide too much
@@britneyferndx763 good idea! Thx
Thanks!
This is correct because I had a mortgage on my house and I worked twice as hard and cleared that and to tell you the truth it feels quite good. And once I did that I found out that the sources of income stayed with me and now I can save them and put them in right place.
STARTING EARLY IS THR BEST WAY OF GETTING AHEAD TO BUILD WEALTH, AND INVESTING REMAIN A PRIORITY. THE STOCK MARKET HAS PLENTY OF OPPORTUNITY TO EARN A DECENT PAYOUTS, WITH THE RIGHT SKILLS AND A PROPER UNDERSTANDING OF HOW THE MARKET WORKS.
Understanding the various phases is critical because it can assist you in preparing and forecasting future price movements
Cryptocurrency is a very good option if you would like to trade online.
@@charleslapson4939
Please enlighten me more about trading
I heard there are Expert who knows how to forecast the 📈 very well.
Because a lot of investors are confused about how the traders use their money
"Protect your wealth and cure your illness with charity." Imam Ali (AS)
😍😍😍😍😍😍Janam Fidai Haidari... Greatest advices from the master of Believers!
what does it mean "cure your illness with charity"
Acquiring wealth is only half the battle the other half is maintaining your riches
Oh sod off, will you?
How are you verified when you don't have a channel
its way harder to acquire wealth, this quote is big dumb
What a cringe quote but aight I guess
Repent, trust, and believe in Jesus and be saved.
John 3:16“For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. For God did not send his Son into the world to condemn the world, but to save the world through him.”
As a money book writer, I liked the pointing out that you need to have limits in place. In my book, I talk about greed (the HIH scandal) and how our emotions rule our money decisions more than we think.
I’m greedy.
Morgan Housel was a guest speaker at the CFA South Africa conference this year and I loved his insights and had a mental note to get the book. Now you've convinced me to buy the book and read it over my December leave since I always do personal finance mindset refreshers for my overall life planning. Fantastically done Ali! Thanks
People, these reads are part of the herd. You're after something extraordinary, something that distinguishes you. Go uncover the confidential Earn More Money Than Your Boss and only then will the true essence of wealth and the shortcuts to success reveal themselves
Easily the best book that I ever read
There a link to the correct one?
@@christopherleach I typed the name of the book on yt
@dimitrijedjapic2875 no you didn't the original commenter did, unless that's also your bot account? Hm I wonder if this is a scam hahaha
@@gargoyledtd you talk about something but did not even read a book soo
I wish this guy was my teacher at some point in my life. Fast, straight to the point but retained my undivided attention for 16 mins straight and I grasped everything he said😂💯
Your review perfectly captures the essence of this book. It's a must-read for anyone interested in personal finance.
it's kinda crazy how nobody's talking about the forbidden ebook on Morlest called Guide to Financial Bombs
I find this magic
The wisest thing that should be on every wise individual's list is to invest in different stream of income and don't depend on the government to bring in money especially now the pandemic is hitting the economy
you are definitely right , waiting on the government is a big waste
Investments are the stepping Stones to success especially if you been guided by a professional
Investing is good but investing in the right thing is the actual key to success . who is your pro ?
That was exactly what I did, I trade with a professional stock expert "VIVIAN KLAINE MORGAN " who i met in one of the seminars..
There are so many investment out there but if profits must be considered then not all investments are good to go into.
There's a ton of important ideas in this video and I suggest, even to native Engish speakers, to use the settings to slow the speed to 75% : this will greatly increase your ability to truly assimilate the information. Thank you for a good post, Ali.
When the video started, I checked my settings to see if I’d accidentally chosen 1,5 or 1!75 speed 😅
Lesson 1, 9, 10, and 12 were my favorite when I initially read this book. Understanding that who you are and where you are from and your relationship around money will impact your finances. It’s made me much more compassionate towards others. Not to mention, people think I’m crazy when I tell them my dream car is affordable, has a good stereo system, low maintenance, and is good on gas. No range rovers or Ferraris for me! 🤣 Emotions play a big role in finances.
This is a book everyone should read honestly! I loved hearing your insights since you focused on points in way I hadn’t thought about before. Sharing this with my book club friends. Thanks!😁
Anyone else here obsessed with Secret Pathway To Triumph? It's like discovering a secret treasure map for wealth!
Ali your videos are always insightful, practical and delivered with no fluff! 🙏🏾
Bro this is my first ever comment on you tube....generally I see videos on 1.5x or 2x speed...but because of your speed I saw this video at 0.75x...but nice work bro👍
Same here! First time I’ve used 0.75x 😂
Very nice content!
Never thought to do that with Ali. Lol😅
Same here! 😂
LoL 😆 you're right bro 🤣
@@juleswifey6003😊
While these points aren’t totally new to me, hearing about them this way makes them great reminders to stay on the path. As my business has changed, it has definitely changed money behavior and ideas, so it’s great to be reminded of these things and recenter myself.
Repent, trust, and believe in Jesus and be saved. To repent means you confess your sins (the acts and thoughts that are wrong according to God and His Word) and ask for forgiveness with sincerity. Once you do this, strive to no longer do those wrong/sinful things, but do what is right according to God’s Word. It’s not by doing good things that you are saved but by trusting and believing in God and His grace/mercy. John 3:16-17 For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. For God did not send his Son into the world to condemn the world, but to save the world through him.
drop everything you're doing and find an ebook called making money your reality, trust me on this
‼️⚠️⚠️⚠️‼️
Scam Alert.
😊😊😊
new to the channel and here for 2022. love how you share useful and necessary info and so simply that everyone can get at least something lasting from each of these.
Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for
👌
A great work demands a great sacrifice.
Speaking about investing, I have been finding a hard time choosing what to invest on, anyone with ideas to help me with?
@@benildabituin1531 I'm into real estate investing
Real estate lets people grow their net worth by amassing more properties. Its a good long term investment idea due to appreciation
I loved the part where you said that; Your wealth is counted in the money that you have not yet used.
Thank you! This was the best review of this book I have experienced. I have listened to Many reviews but I could not be convinced to sacrifice a credit from Audible. However it was the way you outlined and gave concise and clear points. After your review I ordered the book on Audible. Yay! Thanks again!😘
Many on UA-cam summarizing this book… best is yours. You captured the points well and explained it clearly. Could have done away with background music and playback speed slowed to 0.75
People who give up in life are people who lose in life, my first experience happens to be a failure but I never gave up cause I knew it was going to work out for me trying continuously, fortunately I'm smiling today by getting involved in investment.
Profitable Investment one can do convenantly at this moment are
: Estate
: Share
: Stocks market
Forex trading is really profitable, investing in it now will be the wisest thing to do especially with the current rise in bitcoin
@@cedricjiosh6935
you're right
Forex trading is surely a lucrative way to invest whether you want growth, leverage, stable income or something in between.
Obviously often times we just look for what to invest in and usually encounter these problem. It's either the money is too huge for what I want to invest or it could require more than expected
I recommend everyone to find the forbidden book titled Secret Pathway to Triumph: It changed my life.
Normally I listen to UA-cam videos at 1.5 speed but you did great. Just my speed! great content, i subscribed! Looking forward to learning more!
I just wanted to say your journey in medicine inspired me to make my own UA-cam channel documenting my journey so THANK YOU!! You always have incredible life tips and even though your no longer pursuing medicine I know that there are still so many things I can learn from you. I love your content and I’ll continue to me a loyal subscriber ❤️☺️
Subscribed
Good luck 🤞🏿
@@ismynamemoyo6743 thank you so much ❤️
Next vid suggestion:
*How productively study for logical reasoning based competitive exams like JEE ADVanced and stop talking about active recall,spaced repetition which only applies for easy memory based american medical exams for noobs....I mean JEE adv is smthg of another level*
Wasted my time nd money on that skillshare course of his [how to study for exams]...mybadd...ended up with perfectionism,analysis paralysis,etc and that the methods discussed only apply for memory based exams
I am currently reading this. I love the kindness undertone, the i understand tone of a friend, judgement free zone. It has helped to encourage me to save more.
I love your book club series the most out of all your content series! Keep the wonderful summaries coming
I watch a lot of your videos, and I should say this is the best video among your other videos. Seriously love what you're doing and keep on!
"Some people are so poor, all they have is money." - Patrick Meagher
Love Lesson 7 ✌
An investment is hope expressed in money. savings is a discipline embodied in money. economy is wisdom expressed in money. credit is impatience expressed in money
making money (offence) and saving or conserving money (defence) are opposite moves. I think they come together, so you can't be offensive/defensive all the time in financial management, it needs to be both.
This book summary is the best financial advice you can give to anyone. One of the key lessons is that wealth accumulates over time, there’s no such thing as get rich quick scheme!
The psychology of money is my favorite read, reading it gave me the nudge i needed to start investing and thank God i did because i have been going all out from the s&p rise, i was one of the few people to hold when the stock was plummeting, now i have close to 2 million in my portfolio. huge props to my CFA James Fletcher Brennan who handles my portfolio, he's the only man i know that's richer than me, haha
impressive, i just looked him up, will definitely work with him
after seeing this, i must say this is the inspiration i need to get in on this, by the way, out of curiosity i checked your FA James Fletcher Brennan and his resumé is something i can work with, although i have one question...does he work on commission?
love this!
@@jerryscotfield6913 yes he works only on commission
@@katelynrenesse4798 thanks for the tip, you've surely made my day
after finishing Atomic Habits last week, I am now reading this book. excited to learn more! Thank you, Ali for sharing your thoughts on this.
Secret Pathway To Triumph blew my mind. I’ve shared them with friends, and they’re all amazed at the shifts in their mindset.
I like the fact he speaks quick and gets to the point.
"50 Shades of Grey", the most productive ruler/line guide drawer.
0:04 Read this and save yourself 17 minutes
Save 17 minutes for what
What to do with those precious "17" minutes, please tell that as well
Generational wealth, that's the goal. Thanks for the video, seems like a great read.
Hey Ali, Thanks for being so refreshingly honest and real. I found you via David Perell with him recommending your Part-Time UA-cam Academy.. I missed the deadline for this cohort but I signed up for your waitlist. In the meantime, I thought I might just check out your actual YT channel to see who this Ali is. My goodness, your good. I came here looking to see whether I could learn something about your style....but before I could, your content certainly grabbed my attention. To think, I just came to see your style, so as to prepare me for joining your YT program, but your great content piqued my interest too. Thank you!
Ali, you're the inspiration of thousands young UA-camrs.
Successful people don't become that way overnight. Most people you see as glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray anyone who reads this will be successful in life
After watching so many UA-cam tutorial videos about trading I was still losing
I’ve watched so many of your videos and only recently realised that you always dynamical enter the video in some way and it’s brilliant 😂
One thing is to acquire wealth, another is to maintain it. There's so much work in keeping a stable financial state
Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any pointers on how to make substantial progress in earning?? I would appreciate
@@nkpapi989
@@howeross336 It's great to see someone talking abt Jennifer, trading alone can be very dangerous, I can attest to that. This woman was a game changer for me. Access to good information is what we need to get ahead financially in life.[..
@@nkpapi989 It’s Simple to reach her through her telgram page with the name.).
@@nkpapi989 Which is Irishfortune
Hey Ali. Tnx for an amazingly elaborate review of The Psychology of Money. You summary is so precise but covers all aspects of this books. I hate listening to king speeches and videos and I have to say you made it so interesting for on to listen and grasp the lessons as I’m currently reading the book and enjoy listening to reviews after every reading chapter. 🌹
Looking forward to see more books summary. Great advices and good video quality 👏
same
Great summary. Definitely Buying it
Very inspiring and good reminder to be thankful for what we already have! Thank you Ali.
I thought I’m playing this video in 2x speed , later understood it’s in normal speed . Great !
I needed this! Going into the new year with a renewed focus on getting good with money (not that I’m the worst, but…). Want to invest loads into this channel and for that I need 💰💰🤷🏻♂️ Gonna get this book to read in full. Thank you man 🙏🏼
Savings rate = income - ego is pure gold. That alone was worth the view, subbed!
Extraordinary person reading this, you are not define by your circumstance or your past. It’s not what happened to you that determines your success in life; it is how you deal with those circumstances that determines your success in life! You are strong, you are capable and practice forgiveness and gratitude everyday. This will change the course of your life forever! Love you always and I believe in you wholeheartedly ✨❤️ - Nat
You are such a good teacher📌🔥
Thank you
"This is enough " my favorite...thanks Ali for this great video 👍
Very well done! Great video. I sent this link to my kids to watch. A great video summarizing MONEY.
If you ever listen to anything while reading comments let it be this- go read the book 25 Money Secrets From Donald Trump, then come back and thank me
I skipped to Chapter 11.
Okay wait
Good material and emotional inventory check list. Thanks.
I loved this book! :) This is one of the best book on finance I read last year. I read it 3 times - The audiobook is also great by the way
The book was very shallow. If u liked that book that means u haven't read financial books enough.
Thanks for this!! Learnt so much, even got the book so excited to read it!
Absolutely love this book! I put a video up yesterday on my top 3 investing/ personal finance books and this was one of them!
Thanks for sharing your view Ali! Really inspired by your channel 😊👍
🙌
@@today2807 thank you!
I love your voice. I love your videos too but your voice is really good for this kind of content. Makes it easier to consume the content.
Sounds like an amazing book. Funny enough, a lot of these I have already shared same values. But hard to find like minded. Glad to see there must be many who share these goals
"True wealth is the money you've not spent". Mind blown.
Believe in yourself
You can do it
Stay positive
&
Keep smiling 💛
This is good advice for waitresses ☝️😁😁😁😁😁😁
This is absolutely the finest financial advice I've seen in UA-cam. Thank you
Hi! Thanks again for another awesome video! I discovered you a couple months ago and have been loving your content! I feel like you provide a lot of value in your videos and you are pretty funny also! Thanks again, looking forward to the next one! Matt
.
8
But his name is Ali, not Matt
The love the candid and open discussion on money in this video. It was definitely worth the watch.
😊💜
“All riches have their origin in mind. Wealth is in ideas-not money.” -Robert Collier
The only thing YOU can truly control is the way you think of things.
I love the view of this book already within few couples of mins