How The Rich Get Richer And The Poor Get Poorer

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  • Опубліковано 27 вер 2024
  • How do the rich get richer and the poor get poorer? And why does this happen? In today's episode, I'll reveal the secrets that the wealthy know but the poor choose to ignore! If you want to gain insight on how you can build and keep your wealth, stay tuned.
    To your abundance!
    Doug Andrew
    Key Moments In This Episode
    ========================
    01:49 Three sources of income
    02:40 Make your money work 24/7
    04:29 Key strategies you have to know
    05:15 An interesting bell curve
    06:06 The strivers, arrivers, and thrivers
    09:57 Don't adopt the survivor mentality
    10:59 The proactive and reactive zones
    11:34 Three marvels of wealth accumulation
    12:41 Safe positive leverage
    Did you love this video?
    Want to learn more wealth and life empowerment lessons from Doug?
    Here are some next steps!
    ========================
    How to Diversify and Create the Foundation for a Tax-Free Retirement
    laserfund.com/
    How to Lead Your Family/Business from “ME” to “WE”
    entitlementabo...
    Visit Doug Andrew’s website:
    dougandrew.com/
    Music
    ========================
    Song: LiQWYD - Glow (Vlog No Copyright Music)
    Music provided by Vlog No Copyright Music
    Video Link: • LiQWYD - Glow (Vlog No...
    ========================
    Video by Nate Woodbury
    BeTheHeroStudios.com
    / natewoodbury
    #DougAndrew
    #3DimensionalWealth
    #AbundantLiving

КОМЕНТАРІ • 23

  • @annie.hi.
    @annie.hi. 2 роки тому +2

    Wow, how privileged to think the poor get poorer because they waste their money on jet skis and four wheelers…? Sorry, I’ve been struggling to feed my kids for the past 18 years, I couldn’t take food from their mouths and shelter from over their heads to make investments? This is not advice for people who didn’t already come from money

  • @viciouz25
    @viciouz25 4 роки тому +5

    This is my second video watching from your series and i bet, you're making sense. God bless you and will be watching more. Possibly get in touch.

  • @Eljahcastillo69
    @Eljahcastillo69 3 роки тому +1

    27 years old and never applied my self when I was younger. I will be following along and will make better calls with my money with your input.

  • @JRC19925
    @JRC19925 3 роки тому +1

    Hi Doug. Viewer from Canada here. I've searched everywhere and I'm not aware of any Canadian insurance company that offers IUL. I see fixed and variable, but no indexed. Is it possible to execute these same strategies with VUL, albeit participating in market downturns? Anything to be aware of using VUL? Thank you!

  • @Ai4698
    @Ai4698 2 роки тому +2

    This video is not specific enough, there's no steps. He just keeps rambling about his life, like did I need to know when his father was born. Video is is all over the place

  • @overstreet7512
    @overstreet7512 7 місяців тому

    I live in Thailand how do i do all of this? Do i have to apply it myself with the local resources?

    • @missedfortune
      @missedfortune  6 місяців тому

      Currently the LASER Fund is a U.S. based product.

  • @joshuaadelabu6553
    @joshuaadelabu6553 Рік тому

    As an Aerospace Engineer, I love the reference of thrust and jet engine! Thank you, also, for your advice and words of wisdom. I can see you're very passionate about helping people get it. Looking forward to watching more of your videos.

  • @MS-bv6uq
    @MS-bv6uq 2 роки тому

    I've been searching for the wealth building tools the rich use... I found the first ones (stock market and real estate) and now you have given me an additional one which I can't wait to employ - thanks!

  • @joervillegas3540
    @joervillegas3540 3 роки тому

    Doug I've been watching your UA-cam videos in the past few days & purchase the Laserfund book. I 'am have my own Insurance Agency under S corp I'm considering changing it to a C Corp to take advantage of its many benefits.....have you written about this subject.

  • @maribelcardona7110
    @maribelcardona7110 2 роки тому

    Thank you for sharing, Love all your videos. I have been investing in American Life insurance. Should people invest in different life insurances? Meaning creating different accounts?

  • @mariedell3822
    @mariedell3822 Рік тому

    Thank you for the information.

  • @danieladkins9227
    @danieladkins9227 3 роки тому +1

    The you're the best kept secret in American financial history! .... Your children are lucky to have you as a father!

    • @missedfortune
      @missedfortune  3 роки тому +1

      Thank you!

    • @shainamarks8566
      @shainamarks8566 2 роки тому

      @@missedfortune I would love to achieve full success what is the correct investments?

  • @danieladkins9227
    @danieladkins9227 3 роки тому

    Residual income don't forget that hahaha

  • @chrisaustin6255
    @chrisaustin6255 Рік тому

    The bell curve represents performance. The peak of the curve is where most people are, they are the C students. On the left tale are the underperformers D's and F's. On the right side tale are the over performers the B's and A's

  • @melissarosales414
    @melissarosales414 4 роки тому +2

    Love it! Thank you! So glad I found you!

  • @rhondagenesis6985
    @rhondagenesis6985 3 роки тому +4

    Thanks Doug!!....I wish I would have watched this years ago......But it's never too late to change your mind......

    • @missedfortune
      @missedfortune  3 роки тому +2

      Today is the first day of the rest of your life!