Do Not Spend Money on These 7 Things in 2024 | Do Not Make Someone Else RICH
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- Опубліковано 1 чер 2024
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RF Financial Consulting LLC
For financial mentoring & coaching services contact me on Instagram @richardfainmillionairementor or email: rffinancialconsulting28@gmail.com
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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If you don't find a means of multiplying your income you will wake up one day to realize you didn't plan well
I agree with you! Investing puts money to work. The only reason to save money is to invest it
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional
Low income people are suffering to survive, I appreciate Lillie Tamara she's a great personality in the state, imagine receiving $4,250 in few days
Lillie Tamara Has Really Set The Standard For Others To Follow, We Love Her Here In The UK, as she has been really helpful and changed lots of lives
She's the best honestly, am even a beneficiary. This inflation has taught people the importance of multiples income investment helps a lot.
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
Finding financial advisors like Melissa Terri Swayne 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.
I checked Melissa up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.
Money is not meant to control people rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place.
People don't understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments don't match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
@@codecreateurroku6764 Those investors won't be earning that if people stopped participating in the system!
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I've been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
Jeff demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
My sister blows so much money on lottery tickets that it’s become a addiction.
I’ve never even heard of check cashing fees. 🤯 I’ve never paid a bank any fees of any type. I do free checking and savings accounts, no late fees, no cash advance fees with CCs, no balance transfer fees with CCs, and I never pay CC interest. My banks do charge wire transfer fees and I don’t do it because there’s too many money transfer apps with low fees.
If it don’t make sense than it don’t make dollars!
Rock with FAIN and get that GAIN! 💰💰
All aboard!!!….. The Fain-Gain Train. 💰💰🚂💨
Bro, $4500 a year in eating out is $3600 in buying from a grocery store. Yes, that $900 can be invested but it’s not gonna do much.
Hola from Costa Rican I’m here for six months and loving it.
Great Video... I Really Needed to here someone call me out on Lotto tickets/Sports Gambling, and my Strong Desire to get a home. Thanks Brother!!
The percentage of people who invest in the stock market are more successful overall than those who spend money on lottery tickets.
That's not true! According to the National Endowment for Financial Education (NEFE) the success rate for lottery players is estimated to be 30%; so, 70% are losing money. Only 3% of lottery players earn money! Moreover, lottery players aren't subject to stock market volatility as much as they are Fixed odd prizes, game entry fee and player psychology. How many stock traders are losing money? Over 90% if I'm not mistaken!
THIS IS GOOD
Rich, I need a PML, can you help me out?
I went to @WalMart and there was a line of 20-30 people waiting in line at the check cashing bank ....I was like that is crazy (Im sure Wal-Mart is getting kick back rent from the bank in their store).
Don’t forget alcohol,cigarettes and drugs.Not to forget spending on stupid women is a total mugs game.
Lol
You will likely take a loss on a designer item unless they are in demand or you are willing to list and wait forever. If you need to sell soon, you will take a huge loss. lotto tickets are a complete waste, as are scratch tickets, but tell that to my mother and aunt.
Hey Richard…on point 1…my wife buys liquidated and wholesale designer shoes , bags and clothes on line…everybody else Makin her rich lol
It’s not just in America. It’s actually a lot worse in Asian countries. Image is the #1 most important thing here in Vietnam. The designer products come as Authentic… as well as Best Quality Fake, Good Quality Quantity Fake, Average Quality Fake, Low Fake. 😅 I see every day everywhere I go Gucci, Armani, Burberry, Dior, LV, D&G, Prada, Armani, Chanel, RL, Versace, Lacoste….. 😂😅
We live in a small town with 1 bank
Online banking
❤
THEY SPEND THAT IN A MONTH
😊
I Don’t Know How To Invest In Stocks I Don’t Understand It
I think Ms Kathy’s strategy is the best at the moment, I recommend it for beginners because it is perfect for now and it is known so you don't lose your money.Ok
Assets and investment is that tiny Line that separates the rich from the poor.
Biggest lesson of 2023 in the stock market Nobody knows what is going to happen next, all we need is the right advice on how to invest in crypt0 and we will be set for life.
225 a year on lottery not good, probably at 50 doll hairs done, thank you, sir!
🎉⚘️💃💃💃💃💃🎉🔥🔥🔥
One thing no one talks about: the majority of the retail capital in the stock market is supported by the baby boomers. Guess what, baby boomers are cashing out their capital to live of their retirements. Genz Z lives for today, we want nice cars to impress we want nice clothes and travel to impress, we dont have the same bonuses that boomers enjoyed in their times. Housing prices are going trough the roof. Jo9bs are no longer stable. No one works in the same company, in the same place all their lives, we are forced to move around. Gen Z doesnt build sustainable families. We spend more in futile stuff because the society shoves futile stuff trough our eyes everywhere we are, as long as you have a phone connected to the internet. The fed reserve needs to keep interest rates high so thast we dont burn trough everythingjust to have the brand new iphone500that comes with a new emoji. resuming Genz Z the stock markets and all that bs was good 30 years ago. Do not expetc the same for the next 30. We dont have a reliable society anymore.
I disagree with #2 Richard! Of course, I'm a professional lottery player; so, I might be biased toward your criticism of lottery playing. Nevertheless, Lottery Tickets represent wealth opportunities in my opinion:
"Inheritance, college degrees and hard work represent an ancient relic of America's Protestant ethic with it's emphasis on industriousness, achievement and asset accumulation! There is a group of people in the 1970's, however, who
came by their wealth through a third and much less traditional path with minimal amount of work effort. This group of people (although their numbers weren't great about 2,000) since the 70's grew from 200 individuals a year and today we have about 10,000 people in 2021. Their ranks definitely have grown and their path to wealth has been through SHEER LUCK! These people are America's INSTANT RICH LOTTERY WINNERS". -Roy Kaplan, University of South Florida
Yep luck is fate yet the average individual makes someone else richer as the odds are against them.
Lottery is an organized criminal syndicate
@@DoctorChristian-os1iy Modern lottery is controlled and operated legally by states in agreement and licensure:
"State lotteries DO NOT COMPETE head-
to-head for lottery business, presenting a unique opportunity for industry cooperation to develop and bring the best games to the market”. [Texas Lottery Commission. “Texas Lottery Commission: Comprehensive Business Plan, Fiscal Years 2012-2015”. Texas Lottery Commission, 2012]
@@RedPilled100 The odds are irrelevant if you understand the THEORY ON WINNING:
-QUALITY NUMBER SELECTION
-SEASONAL TIMING
-QUANTITY OF NUMBERS SELECTED
*Source
“Our theory of winning the jackpot depends on how well we manage the three elements of any credible jackpot attempt: quality number selection, quantity of numbers and timing of bets”. -Hannibal Bawagan, Rounders Lotto Club Organizer & Manager
*Thanks for keeping us informed! I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore.I feel like the more I learn about our country’s low-income people, my anger grows. imagine lnvestlng $2,5OO and receiving $9,8OO proflts in 5 days.😇Thank you Ms Peggy Dawsons, the lady you recommended here sometime ago.🇺🇸🇺🇸*
I am grateful to her. Although I started with as low as $1,500 actually because it was my first time and it was successful, she's a great personality in the state.
Wow! Nice meeting people who also work with Peggy Dawson, she's the only one I trust, she got me proflts of 11,OOO with a little start up of 2,5OO and ever since she's been good.
I'm so happy I made a productive decision about my finances that changed my life forever, hoping to retire next year... Investment should always be on any creative man's heart for success in life..
A good coach can provide personalized advice and help you overcome mental blocks that prevent you from achieving financial success.
I'm glad to see the testimonies of Ms Peggy. Seriously I was hoping my family and I were the only one on her service platform.
😊