Build Generational Wealth: Million-Dollar Tax Deductions, Investing for Kids, & Life Insurance Hacks

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  • Опубліковано 22 гру 2024

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  • @BundlesArt7
    @BundlesArt7 Місяць тому +22

    Thank yall for the insight on taxes and financial guidance, been struggling lately and learning about this is a great start

  • @Colbe-lx7fb
    @Colbe-lx7fb Місяць тому +283

    I was just reading about how people are using life insurance as an investment tool. And it’s crazy-if you set things up the right way, you can pass down wealth without a huge tax hit. There are definitely some strategies out there that most people don’t even know about

    • @roseyfischer
      @roseyfischer Місяць тому +2

      Exactly, and it’s stuff that goes way beyond just saving a bit here and there. But honestly, it’s hard to know where to start. Like, how do you know what actually works for your situation and doesn’t end up costing more than it’s worth?

    • @Kseniaramesh
      @Kseniaramesh Місяць тому +1

      I get it. I’ve been there too, and that’s why I started talking to a financial planner. Someone like Nora Jean Erickson can actually walk you through these steps. She’s a Certified Financial Planner who understands things like tax-saving strategies and investment options that aren’t just for the ultra-wealthy

    • @Theodore-tu5zg
      @Theodore-tu5zg Місяць тому +1

      Oh, I’ve heard about her. She’s the one who offers a free consultation, right? Honestly, that could be a good first step-just to figure out what I’m even eligible for and see if there are any strategies I hadn’t thought about.

    • @Colbe-lx7fb
      @Colbe-lx7fb Місяць тому

      Yes, that’s her. She’s great at breaking down complex strategies, so you’re not feeling overwhelmed. She can help you see where you might qualify for tax deductions and guide you on things like starting investment accounts for your kids. It’s a way to build up those funds gradually but effectively

    • @Churchillhump2268
      @Churchillhump2268 Місяць тому

      That’s what I’d like-just some solid steps I can actually start working on. Plus, with everything being so uncertain, it’d be nice to know I’m doing what I can to secure a future for my kids without risking too much.

  • @JayEli
    @JayEli Місяць тому +13

    I have been waiting for this conversation between you 4 for almost 2 years. Absolutely taking notes on this!

  • @ChildofGod315
    @ChildofGod315 Місяць тому +25

    God hear my prayers. Having two sons with special needs is overwhelming at times because they require so much from me. As a single mother things are difficult. I keep faith in you Jesus even as I struggle to pay rent, and as I struggle to buy groceries for my children. Every month is a battle. But God gives me strength as has been by my side. Faith is my strength.💕

    • @mikerice47
      @mikerice47 Місяць тому +2

      You are on the right track by listening to earn your leisure

    • @myrticewoomer452
      @myrticewoomer452 Місяць тому +1

      Please how much did you start with and how much did you make from EYL?

    • @myrticewoomer452
      @myrticewoomer452 Місяць тому

      How can I contact EYL themselves for investment purpose?

    • @myrticewoomer452
      @myrticewoomer452 Місяць тому +2

      What’s the name of their Telegram Channel?

  • @WiseKings131
    @WiseKings131 Місяць тому +3

    I’ve been watching the melanated brothers and they stood the test of time. Shout out to the brothers because I gained great knowledge from their voice.

  • @Julia-i9m3c
    @Julia-i9m3c Місяць тому +247

    As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.

    • @Regina-w6g
      @Regina-w6g Місяць тому

      Waking up every 14th of each month to 210,000 dollars it's a blessing to I and my family... Big gratitude to Sonia duke 🙌🏻

    • @Enrique-v9p
      @Enrique-v9p Місяць тому

      Stawrted with 5,000$ and Withdrew profits
      89,000$

    • @EvaLongoria-o2b9f
      @EvaLongoria-o2b9f Місяць тому +1

      Please🙏, how can i make profitable investment as crypto has become dominant?

    • @Sofiaff11
      @Sofiaff11 Місяць тому

      I'm glad to write her tay I do hope she will help handle my paycheck properly☺️☺️☺️

    • @Sofiaff11
      @Sofiaff11 Місяць тому +1

      Can I start with as low as $1,000?

  • @JohnRhoads-r1p
    @JohnRhoads-r1p Місяць тому +9

    I retired at age 53 and am now in my early 60s. Many people resisted me because they couldn't understand the idea of not working if you don't have to. I considered my life to be in phases. I worked very hard to achieve what I have now, but in my last years, I owe it to myself to "stop and smell the roses." After I retired, I left the nation and now reside in Latin America. I was able to enjoy my new surroundings and escape from all the bad things that were going on in America. I haven't yet encountered anyone who laments their retirement.

    • @AndreasHofmann46
      @AndreasHofmann46 Місяць тому

      Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement fund has grown way more than it would have with just the 401(k). Haha.

    • @jennifeReta78
      @jennifeReta78 Місяць тому

      It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than a million dollars by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.

    • @trevorkelly5036
      @trevorkelly5036 Місяць тому

      I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

    • @jennifeReta78
      @jennifeReta78 Місяць тому

      I definitely share your sentiment about these firms. Finding financial advisors like Deborah Lynn Dilling who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @WilliamScott-v7u
      @WilliamScott-v7u Місяць тому

      Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @drmelissajwilliams
    @drmelissajwilliams Місяць тому +1

    This is exactly what small business owners need to hear! I’ve been helping entrepreneurs navigate government contracts, and your advice is spot on. Looking forward to more content like this!

  • @StephenLazarus-t8i
    @StephenLazarus-t8i Місяць тому +26

    Building lasting wealth requires discipline and strategic risk-taking, including savvy investments in assets like digital currencies. However, many individuals overlook the crucial role of expert guidance, often to their detriment. A certified financial manager can provide invaluable expertise, helping you navigate complex markets and avoid costly mistakes. Don't let financial pitfalls hold you back - take control with a proven professional and cultivate the habits of success.

    • @MarkJonh-no5kl
      @MarkJonh-no5kl Місяць тому

      Parental figures set the tone for investment goals early in life, teaching us to delay gratification until we can break the piggy bank, allowing those coins to buy video games, clothes or equipment. The intimate connection between investment and lifestyle grows more sophisticated as the years pass. The culmination of your working life is either a comfortable retirement - or a struggle to make ends meet.

    • @BenjaminChrisBrown
      @BenjaminChrisBrown Місяць тому

      Capital preservation is crucial. Losing your initial investment can significantly hinder your ability to generate returns, making it essential to prioritize protection over growth. Think of it like this: there will always be multiple investment opportunities (trains) passing by, but if you lose your capital, you'll miss the entire journey. Safeguarding your wealth ensures you remain on board for future prospects.

    • @LewisClark-f1m
      @LewisClark-f1m Місяць тому

      However, collaborating with a seasoned financial advisor can empower you to make informed, strategic investment decisions, ultimately enhancing your prospects of realizing your financial aspirations and securing a brighter financial future.

    • @FrancoBen-ot7ud
      @FrancoBen-ot7ud Місяць тому

      Among numerous coaches, Chris Baldwin shines as a standout expert. Her reputation grows exponentially daily, and her tailored strategies have yielded remarkable results. With extensive experience navigating the financial market, and I consider her an indispensable asset in my financial journey.

    • @JosimaraMorgan
      @JosimaraMorgan Місяць тому

      You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.

  • @RobertSirgurdson
    @RobertSirgurdson Місяць тому +134

    Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires

    • @jessicaforbes5327
      @jessicaforbes5327 Місяць тому

      Investing and trading now will be the wisest thing to do especially with the current economic fluctuation and inflations.

    • @BodeLeone
      @BodeLeone Місяць тому

      As a beginner investor, it's essential for you to have a mentor to keep you accountable. Gillian Sara sheeran is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

    • @RebeccaLee-c5x
      @RebeccaLee-c5x Місяць тому

      Same here all thanks to Gillian Sara sheeran, she has always been there to guide me through with detailed analysis and recommendations that I wouldn't have access to otherwise.

    • @KaneHamilton-y
      @KaneHamilton-y Місяць тому

      She is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.

    • @MichaelNicole-y
      @MichaelNicole-y Місяць тому

      I'm a bit perplexed seeing ma'am Gillian Sara Sheeran been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super

  • @yazenbarakat9845
    @yazenbarakat9845 Місяць тому +3

    This podcast was Free game excellent interview !

  • @d.edwardsfreelanceeditorvi4212
    @d.edwardsfreelanceeditorvi4212 Місяць тому

    This episode should have way more views. This info is gold.

  • @atmslotsjfreezevlogs5877
    @atmslotsjfreezevlogs5877 Місяць тому +3

    20:51 what I need to know tax deduction

  • @panthersrkings7310
    @panthersrkings7310 Місяць тому +1

    This was a game changer thank EYL ! May God bless you and protect you brothers.

  • @reginaldshorey9062
    @reginaldshorey9062 Місяць тому +1

    Excellent program. Sharing it with many people!

  • @KRiddell31
    @KRiddell31 Місяць тому

    Listened to this through the audio podcast, but had to come show love on the YTube page as well. Great episode. I can hear the eagerness in the guests voice to help the people.

  • @grimknowledge83
    @grimknowledge83 Місяць тому

    I love this channel. It’s all food for thought 🙌🏽💪🏽👏🏽

  • @Iamsam_18
    @Iamsam_18 Місяць тому +1

    I love what he said about life insurance I’m an agent and people explain life insurance sometimes the wrong way

  • @FlowingWithFluid
    @FlowingWithFluid Місяць тому +2

    This was really good! Thank you!!!

  • @msmoenergydet
    @msmoenergydet Місяць тому

    I was just in Dallas for Labor Day! Looking forward to doing some things out there in TX!

  • @iamnateria
    @iamnateria Місяць тому +3

    These Guys are on 🔥

  • @PredatorHaitien
    @PredatorHaitien Місяць тому +1

    A Pure Gold hour.

  • @allofhelena5096
    @allofhelena5096 Місяць тому

    Great strategies. I’m going to put things into effect next year when I get my taxes and use that to invest into these accounts.
    Generational wealth for my daughter and future children have been in my mind heavily and I know I need to get started.

  • @julienxdarrell
    @julienxdarrell Місяць тому +1

    I have securities license also and I can honestly say, compliance + social media is tough balance.

  • @MrEnigmaMOE
    @MrEnigmaMOE Місяць тому +1

    I can’t wait for the day they actually have links to the guests socials and wed sites down in the description box

  • @fd7860
    @fd7860 Місяць тому

    Great nugget about the priority of a whole life policy

  • @StudioCreativeGroup
    @StudioCreativeGroup Місяць тому

    wild gems. thank you gentlemen!

  • @CrazyBxDon
    @CrazyBxDon Місяць тому

    Oooo! The Augusta Rule!!
    Thank You for that!!!
    I’ll be listening to this show for the 3rd tonight!!!!

  • @Ursulapete.r
    @Ursulapete.r Місяць тому +38

    I Hit 12k today trading. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Louise O'Brien for helping me achieve this.

    • @RyanMaverick9
      @RyanMaverick9 Місяць тому +2

      You trade with Louise O'Brien too? Wow that woman has been a blessing to me and my family.

    • @AveryBrice7
      @AveryBrice7 Місяць тому +1

      That woman has changed my life for good. I attended her investment class couple of weeks last year and she’s the best when it comes for Guidance.

    • @Jacob.Parris
      @Jacob.Parris Місяць тому +3

      I've heard a lot about her. Please how do I contact Louise O'Brien?

    • @LlauniGavin
      @LlauniGavin Місяць тому +1

      I'm happy to see Mrs Louise O'Brien mentioned here, my husband recommended her to me when I was in Germany during Covid, she's amazing.

    • @JoeyVasques
      @JoeyVasques Місяць тому +2

      I was skeptical at first till I decided to try. It's huge returns is awesome. I can't say much

  • @Apehdove
    @Apehdove Місяць тому +3

    Nice video and well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. Thanks to Expert Morgan Deeawn the lady you recommended.....

    • @OdumejehFerguson
      @OdumejehFerguson Місяць тому +1

      Wow, that's amazing! I'm also a huge fan of her work! Her exceptional technical analysis skills have been a guiding light, providing clarity and reassurance during even the most turbulent market periods. Her expertise has been a valuable resource, helping me to navigate complex market dynamics with confidence.

    • @HumphreyWyndham
      @HumphreyWyndham Місяць тому

      No doubt!! I never knew she had gone viral. I decided to back up my assets with her when we met at a conference in New Jersey for the first time.

    • @DybalaSony
      @DybalaSony Місяць тому

      Low income people are suffering to survive, I appreciate her she's a great personality in the state, imagine investing $4,000 and earning $7,500 in the space of 3 days.

  • @isiahjean-baptiste434
    @isiahjean-baptiste434 13 днів тому

    very productive conversation

  • @julienxdarrell
    @julienxdarrell Місяць тому +1

    16:02 thank you! Thank you!

  • @SpoileralertGMA47
    @SpoileralertGMA47 Місяць тому

    27:27 I REALLY hope you guys go back to the disability insurance piece I looking into it recently but there was very little info available and based on the statistics mentioned here it seems like a necessary tool

  • @Maverick.Rudell
    @Maverick.Rudell Місяць тому

    Solid info! Salute, family

  • @derickgaspard61
    @derickgaspard61 Місяць тому

    Super dope episode!

  • @Daviirose3
    @Daviirose3 Місяць тому

    will it automatically delete accounts connected to the addresses whether theyre negative or positive or only negative accounts

  • @TheEternalStorm785
    @TheEternalStorm785 Місяць тому

    Peace love and prosperity....EYL!

  • @corybaby101
    @corybaby101 Місяць тому +1

    Love it Mane

  • @jasgirl110
    @jasgirl110 Місяць тому

    The family foundation tax strategy is a good one, but the IRS has strict rules about using those funds to directly benefit family members. As a CPA I am surprised he doesn't know this?

  • @janaidaclemente3480
    @janaidaclemente3480 Місяць тому

    I told my mom to let me take a policy out on her and I’d pay for it and she refused. Unfortunately a lot of family members are “offended” by this even after raising you in poverty , they don’t want you to thrive after they’re gone it’s very weird

  • @User34583
    @User34583 28 днів тому

    What do yu mean with TRADITIONAL PARTNER

  • @michaelfew7267
    @michaelfew7267 Місяць тому +1

    What is the name of these guys company?

  • @Dodjaaay
    @Dodjaaay Місяць тому

    Family foundation sound fire

  • @Originalman76634
    @Originalman76634 Місяць тому

    Million dollars worth of game on this one….this one of dem ones #troyvoice….this one of those ones you save

  • @HeavenlySaviour
    @HeavenlySaviour Місяць тому

    Damn I need to learn more and do better

  • @HieouyaAgnèsDoyo
    @HieouyaAgnèsDoyo Місяць тому +1

    !I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated.

    • @AnastasiaAngelinaPetrova
      @AnastasiaAngelinaPetrova Місяць тому

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable.
      Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

    • @JoseLopez-lf9rw
      @JoseLopez-lf9rw Місяць тому

      I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.

    • @AnastasiaAngelinaPetrova
      @AnastasiaAngelinaPetrova Місяць тому

      I don't really blame people who panic. Lack of
      information can be a big hurdle. I've been
      making more than $100k passively by just
      investing through an advisor, and I don't have
      to do much work. Inflation or no inflation, my
      finances remain secure. So I really don't blame
      people who panic.

    • @JoseLopez-lf9rw
      @JoseLopez-lf9rw Місяць тому

      Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.

    • @HieouyaAgnèsDoyo
      @HieouyaAgnèsDoyo Місяць тому

      nice! once you hit a big milestone, the next comes easier.. How can i reach her, if you don't mind me asking?

  • @ALLANGLESINSPECTIONS
    @ALLANGLESINSPECTIONS Місяць тому +2

    Carter Cofield the boy boy! Goated!

  • @gerardjuliano6690
    @gerardjuliano6690 Місяць тому

    📈📈🔥🔥💯💯

  • @kevinatkins282
    @kevinatkins282 Місяць тому +5

    I know you guys heard this many times.. well here is one more, thanks for all the things that you guys bring to the table to help US succeed!! Much love!! 💯💯💯🙏🙏🙏❤️❤️❤️🔥🔥🔥

  • @pathtofinancialindependence
    @pathtofinancialindependence Місяць тому

    This was golden!! Thanks for exposing us to this information.

  • @zuleikahines5122
    @zuleikahines5122 Місяць тому +2

    Thank You EYL for providing this platform 🎉❤It has become the Go to for our Family for information ❤

  • @nikkib3349
    @nikkib3349 Місяць тому

    Hello, glad to be here!

  • @kandasamys7981
    @kandasamys7981 Місяць тому

    I am small debt,i need money,

  • @13nbt
    @13nbt Місяць тому

    your kid can be a "model" in your business before age 7...

  • @yagga8885
    @yagga8885 Місяць тому +1

    I do estate planning for clients and agree a living will (as well as a health care proxy) are the most overlooked estate planning instruments.

  • @marcedwards2464
    @marcedwards2464 Місяць тому

    They 🆒😎

  • @GrindGwallaz
    @GrindGwallaz Місяць тому

    Doodie lo finna hit dat 😭😭

  • @jonathanjohnson5216
    @jonathanjohnson5216 Місяць тому

    📝✅🙏🏿

  • @danielrosales625
    @danielrosales625 Місяць тому +2

    Dudes dropping gems 💎 sheesh this one goings up there with X

  • @GrindGwallaz
    @GrindGwallaz Місяць тому

    Them girlfriends 😭😭😭

  • @financialrevolutionnnetwork
    @financialrevolutionnnetwork Місяць тому

    Game 🔥🔥🔥🔥

  • @sovein9888
    @sovein9888 Місяць тому

    Fucking gold!

  • @donnaturner4923
    @donnaturner4923 Місяць тому

    I thought the purpose was to help all not just the 6 figured folks.

  • @moneymaverickstv
    @moneymaverickstv Місяць тому

    Excellent

  • @MitchelleWakes
    @MitchelleWakes Місяць тому +30

    *The government doesn’t care about you, no matter who’s the president. I feel the more I learn about our country low income people my anger grows, Thanks Zelinda, Imagine investing $1000 and receiving $10,450 in 3day🇺🇸*

    • @mshaydee-fh8ew
      @mshaydee-fh8ew Місяць тому +2

      How do I reach her ?????? 🙏🏻

    • @GhallaghaGrek
      @GhallaghaGrek Місяць тому +1

      Thanks I just got her page now and she’s responding..

    • @Bigredink
      @Bigredink Місяць тому

      Grow up and stop the scamming

  • @marylouisegaines1818
    @marylouisegaines1818 Місяць тому

    Yes, entrepreneurship can be very lonely. I agree.

  • @mignonglenn6253
    @mignonglenn6253 Місяць тому

    Key person policy

  • @CalistroVC
    @CalistroVC Місяць тому

    Beautiful.

  • @TheDelon2008
    @TheDelon2008 Місяць тому

    Dude is absolutely wrong about the details of how whole life works. His general philosophy is sound, but the break down of insurance is off.

  • @emayhand
    @emayhand Місяць тому

    Dude in sweats sounds like Kenny Smith (NBA Analyst)

  • @Anthony2X19
    @Anthony2X19 Місяць тому

    🫡

  • @Odoggaming500
    @Odoggaming500 Місяць тому +1

    These brothas spittin!! EYL always a pleasure to watch!!💯🫱🏾‍🫲🏽

  • @AntonioSmith-RCA
    @AntonioSmith-RCA Місяць тому

    That was good. Saving to watch again. ✌🏾🫶🏾🖖🏾