6 Ways to Create Generational Wealth And How To Pass It Down To Your Kids

Поділитися
Вставка
  • Опубліковано 26 гру 2024

КОМЕНТАРІ • 1,5 тис.

  • @VALUETAINMENT
    @VALUETAINMENT  2 роки тому +80

    Protect and secure your retirement savings now with this complimentary precious metals guide. goldco.com/pbd

    • @hybin1716
      @hybin1716 2 роки тому +4

      Test

    • @hybin1716
      @hybin1716 2 роки тому +6

      Since you are keeping my comment on hold, deleted it, or the "algorithm deleted it" ill give the short version.
      Before I started the video I hope you will not just generalized the info. 90% of the people watching are not executing on the info. PLEASE BE DIRECT.

    • @hybin1716
      @hybin1716 2 роки тому +2

      I'm am now half way through the video and so far all you have done is talk about dead people. People are just getting high on the info and not executing.

    • @hybin1716
      @hybin1716 2 роки тому +3

      75% through. No specifics. Very generalized. I wish my first comment would have stuck.

    • @hybin1716
      @hybin1716 2 роки тому +4

      Finished. Disappointed. No specifics. Most of the video was about old dead people. I get it, lessons. But again when you aren't specific people are just watching for entertainment. The only person who will benefit from this is PBD. Not from me because I watched this on UA-cam Vanced. But you FinTubers have to stop generalizing info. My first comment was deleted.

  • @philipfletch
    @philipfletch 2 місяці тому +1151

    The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies

    • @RoseGuerra7862
      @RoseGuerra7862 2 місяці тому +3

      The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.

    • @martinheaway
      @martinheaway 2 місяці тому +1

      Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again

    • @JaneClark7861
      @JaneClark7861 2 місяці тому +2

      How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @martinheaway
      @martinheaway 2 місяці тому +4

      Amy Desiree Irish has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

    • @JaneClark7861
      @JaneClark7861 2 місяці тому +2

      I just checked her out on google and I have sent her an email. I hope she gets back to me soon.

  • @oneillbilder
    @oneillbilder 3 місяці тому +1183

    Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

    • @Robert_Seaman
      @Robert_Seaman 3 місяці тому

      The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.

    • @Walter_hill_
      @Walter_hill_ 3 місяці тому

      You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

    • @DavidRiggs-dc7jk
      @DavidRiggs-dc7jk 3 місяці тому

      in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.

    • @Walter_hill_
      @Walter_hill_ 3 місяці тому

      Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Vivian Jean Wilhelm” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

    • @DavidRiggs-dc7jk
      @DavidRiggs-dc7jk 3 місяці тому

      Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

  • @dianataylor991
    @dianataylor991 Рік тому +26

    This beyond amazing. Whoever’s reading this hope you find success.

    • @dianataylor991
      @dianataylor991 Рік тому

      Making money is action, keeping money is behavior and Growing money is knowledge.

    • @dianataylor991
      @dianataylor991 Рік тому

      I am fortunate I made productive decisions that changed my life forever through my finance-mentor. I'm a single parent living in Bn Italy, bought my second house in April and hoping to retire at 40 by next year.

    • @dianataylor991
      @dianataylor991 Рік тому

      To possibIy grow, a mentor is needful to make it a reality. I engage in aIot with the ldeas of my mentor and so far have achieved so much already.

    • @dianataylor991
      @dianataylor991 Рік тому

      sear ch her full name below, if you care

    • @brittanyash8340
      @brittanyash8340 11 місяців тому

      I wish that for you too!

  • @Patriciacraig599
    @Patriciacraig599 7 місяців тому +296

    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.

    • @Robertgriffinne
      @Robertgriffinne 7 місяців тому +2

      Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.

    • @PhilipMurray251
      @PhilipMurray251 7 місяців тому +1

      truth is that gold serves as an inflation hedge in the long run, but not profitable in the short run. only thing you can predict is a strong effort of wealth transfer from the people to the powerful. luckily some folks find solution in financial advisors

    • @Christine-ce4xo
      @Christine-ce4xo 7 місяців тому +1

      I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.

    • @Natalieneptune469
      @Natalieneptune469 7 місяців тому

      Impressive can you share more info?, i want to employ one plus i don't have much knowledge about the stock market

    • @Christine-ce4xo
      @Christine-ce4xo 7 місяців тому +4

      Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Linda Aretha Reeves” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

  • @erichkraetz2622
    @erichkraetz2622 2 роки тому +1168

    Talked to my millionaire uncle (been investing in Vanguard funds for 30 years) last night and asked what advice he would give investors in today's market: "If you're a long-term investor, you should be buying stocks now. Ignore the news, it doesn't matter over the long-term."

    • @alexyoung3126
      @alexyoung3126 2 роки тому +13

      People are almost always focused on the short term and never the long term. Yeah, market is brutal at the moment and it sucks for everyone, but the market always rebounds higher than it ever hit before. Cheap investments today bring better returns in the future.

    • @joesphcu8975
      @joesphcu8975 2 роки тому +2

      Heard someone say the best season for a financial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $750k stagnant in my portfolio that needs growth. What is the best way to take advantage of this downturn?

    • @lawerencemiller9720
      @lawerencemiller9720 2 роки тому +6

      @@joesphcu8975 I see any market condition as an opportunity. So far I've made north of $260k in raw profits from just Q3 of 2022 under the guidance of my Financial-Advisor "Eileen Ruth Sparks ". Am I selling? Absolutely not. I have purchased growth stocks too a little at a time over the past few weeks. I am going to sit back and observe how this all plays out.

    • @stephaniestella213
      @stephaniestella213 2 роки тому +1

      @@lawerencemiller9720 Please can you leave the info of your investment analyst here? I overheard someone talking about how a couple made $200k during this red season. I need such luck lol

    • @lawerencemiller9720
      @lawerencemiller9720 2 роки тому +3

      @@stephaniestella213 You can glance her name up on the internet and verify her yourself. she has years of financial market experience.

  • @stephaniestella213
    @stephaniestella213 Рік тому +1020

    Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

    • @alexyoung3126
      @alexyoung3126 Рік тому +4

      Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?

    • @claraclouse9086
      @claraclouse9086 Рік тому +2

      That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?

    • @claraclouse9086
      @claraclouse9086 Рік тому +2

      She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

    • @sergioskretovic2157
      @sergioskretovic2157 Рік тому

      Or you just create 7 positive cash flowing incomes, get an awesome tax strategist & create generational wealth

    • @dorianjackson6130
      @dorianjackson6130 Рік тому

      Building wealth from nothing is a myth an urban legend sold for profit by fake gurus.
      Building wealth involves favorable politics: see Fannie Mae and Freddie Mac. Timing see: the Baby Boomers. Or people who have wealth investing in you. The hard part is putting yourself in position to benefit from these factors.
      But you can’t actually build something from nothing. That’s a fact of nature. It takes calories to build muscle, matter to create matter, and energy to manifest energy.
      Those with wealth want people to think it is possible to create wealth from scratch. To make themselves appear capable and divert our attention from reality.

  • @Curbalnk
    @Curbalnk 2 роки тому +1561

    It feels like if people don't see growth in a week or a month they throw a tantrum sell out then proceed to call the market a fraud, lol. Forgetting It's always the hard times that show us how to be better investors making at about $2M for the long term ; understand and know the path needed and stay committed to the craft. Be smart don't let fear stop you from making money

    • @velayuthman
      @velayuthman 2 роки тому +1

      @Jeanine willett wow thats a huge milestone. Please how can i reckon with such skillset? i want to grow my emergency funds of approximately $57,000 advantageously

    • @velayuthman
      @velayuthman Рік тому +1

      @Teresa Brickle Thank you for this referral! i just looked her up and sent a message hoping she gets back to me.

  • @Dantursi1
    @Dantursi1 4 місяці тому +533

    This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.

    • @Rachadrian
      @Rachadrian 4 місяці тому +4

      These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If youre not ready for it, you shouldnt be in the market business. or get you a skilled practitioner.

    • @michaelwiebeck3
      @michaelwiebeck3 4 місяці тому +3

      Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2022 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of my financial advisr, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.

    • @SteveEstrada-js9nu
      @SteveEstrada-js9nu 4 місяці тому +3

      I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help

    • @michaelwiebeck3
      @michaelwiebeck3 4 місяці тому +2

      Annette Christine Conte is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @SteveEstrada-js9nu
      @SteveEstrada-js9nu 4 місяці тому +2

      I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

  • @tonysilke
    @tonysilke 6 місяців тому +1282

    One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.

    • @Dannyholt33
      @Dannyholt33 6 місяців тому +1

      You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

    • @PhilipDunk
      @PhilipDunk 6 місяців тому +1

      That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.

    • @mikeroper353
      @mikeroper353 6 місяців тому +1

      Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?

    • @PhilipDunk
      @PhilipDunk 6 місяців тому +1

      'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

    • @mikeroper353
      @mikeroper353 6 місяців тому

      Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

  • @betsyhillery8795
    @betsyhillery8795 Рік тому +144

    The power for creating a better future is contained in the present moment, You create a good future by creating a good present.The key to financial freedom and great wealth is a person's ability to convert earned income into passive income to build generational wealth ,this trick has never failed .

    • @lindagillis5874
      @lindagillis5874 Рік тому +1

      I truly agree with you on that, I must say trading is the future and with the way Bitcoin is growing, it's really advisable for people to trade now.

    • @lewisthompson4571
      @lewisthompson4571 Рік тому +1

      Initially, my intentions was to start trading Bitcoin full time, I also need good mentorship. Thanks?

    • @bretandrew888
      @bretandrew888 Рік тому

      The wisest thing that should be on everyone's mind currently should be to trading in different streams of income that doesn't depend on government, especially with the current economic crises around the world?

    • @billkelso3609
      @billkelso3609 Рік тому

      trading is easier with proper guidance, especially from a proffessional it really helps reduce the chances of running into losses.and it incures profit also?

    • @wilmafite7797
      @wilmafite7797 Рік тому

      You can never be in debt, while getting the right information from a reliable trader as this, they give clear and brief information on the trading in crypto world. i have never regret trading with him?

  • @jameswood9772
    @jameswood9772 7 місяців тому +1129

    What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

    • @alexyoung3126
      @alexyoung3126 7 місяців тому +3

      There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist

    • @williamyejun8508
      @williamyejun8508 7 місяців тому +1

      I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders

    • @bobbymainz1160
      @bobbymainz1160 7 місяців тому +2

      Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.

    • @williamyejun8508
      @williamyejun8508 7 місяців тому +6

      'Rachel Sarah Parrish' is her name. She is regarded as a genius in her area. She’s quite known in her field, look-her up.

    • @bobbymainz1160
      @bobbymainz1160 7 місяців тому

      Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

  • @BrandoScott-r4i
    @BrandoScott-r4i Рік тому +3

    I feel so slighted being raised in families who only know poverty. On my mother's and father's side, they are always in a struggle to make ends meet. None of us kids were ever taught about money. All we knew was that we needed to work jobs for it. I'm 30 years old now, have been to jail, homeless once before, and now I'm a husband and father, and my brain has rewired itself this past year. I am so hyper-driven to become successful and the first millionaire in my family. I came from total darkness and am now stepping into the light for the first time. I WILL WIN. There is NO stopping me. I sleep maybe 5 hours a night and I fill every single second of free time that I have leveling up my mind. I am outperforming everyone around me. I will claim my rewards VERY soon. There is no other way.

  • @lawerencemiller9720
    @lawerencemiller9720 9 місяців тому +1242

    if the idea is to build an income stream to use as complement for retirement, or at any given point if needed, then building a dividend growth portfolio always buying adding to it could be a good and peaceful path. On the long run consistency and perseverance could guaranty the desired income stream goal with little worries

    • @alexyoung3126
      @alexyoung3126 9 місяців тому +4

      the idea is to Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions.

    • @johnlennon232
      @johnlennon232 9 місяців тому +2

      Well said, with the help of the an investment advi-sor, I diversified my 62K portfolio across many markets and in a matter of months, I was able to produce over 356K in net profit from high dividend yield equities, bonds, and exchange-traded funds (ETFs).

    • @jessicamoore3093
      @jessicamoore3093 9 місяців тому +1

      wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you dont mind me asking? in dire need of asset allocation

    • @johnlennon232
      @johnlennon232 9 місяців тому +3

      Rachel Sarah Parrish, advanced lady in her 40s and professional, reserach if you care for supervision.

    • @jessicamoore3093
      @jessicamoore3093 9 місяців тому +1

      Impressive, I took a look at your advisr. I set up an appointment. I’m looking forward to her reply, I hope she sees my message.

  • @alexstephanie8051
    @alexstephanie8051 2 роки тому +156

    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. 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. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life

    • @steveashley8260
      @steveashley8260 2 роки тому +2

      @Jamie Janny Yeah you're right, that's why I had to start Forex trading two months ago and now i'm making benefits from it now.

    • @hassangary8961
      @hassangary8961 2 роки тому +1

      @Scott Nicole O ' Yes I'm a living testimony of her good work expert Benson Sandra

    • @hassangary8961
      @hassangary8961 2 роки тому +1

      Mrs Benson Sandra has changed my financial

    • @hassangary8961
      @hassangary8961 2 роки тому +1

      status for the best ,all thanks to my aunt

    • @hassangary8961
      @hassangary8961 2 роки тому +1

      Who introduced her to me.

  • @Casey-summer
    @Casey-summer Місяць тому +3

    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!!

    • @mellon-wrigley3
      @mellon-wrigley3 Місяць тому +1

      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 because I invested early ahead this time .

    • @BaileyHoward101
      @BaileyHoward101 Місяць тому +1

      In fact, I had no prior experience or understanding when I began investing in 2018, but by the end of 2019, I had made a profit of almost $750k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.

    • @lilyhershey1
      @lilyhershey1 Місяць тому +1

      @@BaileyHoward101 That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?

    • @BaileyHoward101
      @BaileyHoward101 Місяць тому +1

      My CFA Izella Annette Anderson a renowned figure in her line of work. I recommend researching her credentials further.

    • @Buffet-walton22
      @Buffet-walton22 Місяць тому

      Thank you for this amazing tip. I just looked the name up and wrote her.

  • @austingraff1881
    @austingraff1881 10 місяців тому +1209

    Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?

    • @alexyoung3126
      @alexyoung3126 10 місяців тому +3

      as most investing-related questions, the answer is, it depends.. my best suggestion is to consider advisory management

    • @johnlennon232
      @johnlennon232 10 місяців тому +2

      Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around 300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.

    • @jessicamoore3093
      @jessicamoore3093 10 місяців тому +2

      this is huge! mind if I look up the advisr that guides you please? only invest in my 401k through my employer for now, but enthused about diversifying my investments for a prosperous financial future

    • @johnlennon232
      @johnlennon232 10 місяців тому +4

      Finding financial advisors ''Rachel Sarah Parrish'' 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.

    • @jessicamoore3093
      @jessicamoore3093 10 місяців тому +1

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @Richardcarlett
    @Richardcarlett 7 місяців тому +588

    My aunt passed and I inherited some of her portfolio and cash savings, I’m 51 with about 400k cash in savings and as usual everybody’s preaching invest, so what stocks are a good long term buy, only major purchase I intend to make is buying a home in 5years from my return

    • @Walter_hill_
      @Walter_hill_ 7 місяців тому +4

      Lucky you, I’d buy a lot of tech stocks and Dividend portfolios with that.

    • @Robert_Seaman
      @Robert_Seaman 7 місяців тому +15

      Don’t come to UA-cam looking for UA-cam advise, instead contact a fiduciary for proper guidance.

    • @donna_martins
      @donna_martins 7 місяців тому +4

      Same, I just use UA-cam for research purposes, I run all my major investment through an investment adviser, the market is just too unstable to handle things on your own.

    • @Trevor_Morrow_LTD
      @Trevor_Morrow_LTD 7 місяців тому +5

      How do I reach out to a financial advisor, my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.

    • @donna_martins
      @donna_martins 7 місяців тому +3

      ’vivian jean wilhelm’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment

  • @JLW667
    @JLW667 2 роки тому +193

    0:46 Entrepreneur and Intreaprenuer
    2:01 Vanderbilt
    4:04 Why?
    5:42 Trust
    6:42 Medici
    8:55 6 comments
    10:32 Collective Trillionaire
    12:25 29:11 Genrational Habits 👏🏿👏🏿👏🏿
    12:38 Medici Family
    13:55 Carnegie Family
    16:00 Vanderbilt Family
    19:02 Creating and Preserving
    19:08 Rothschild Family
    21:03 Ford Family
    23:09 Rockefeller Family
    23:55 Pure Investments
    25:13 Kennedys
    27:58 Getting Rich vs Staying Rich
    30:24 Pioneers and Trendsetters
    30:46 Valuetainment
    31:09 Stay away from the Spotlight
    31:58 Family Values
    39:23 GW Killers
    43:51 11 p’s of Investing
    50:06 52:00 Planning
    53:02 3 types of plans
    55:23 12 building blocks of a business plan
    1:00:15 Robert Greene
    1:00:43 33 strategies of war
    1:01:13 Michael Jordan
    19:02 Build Wealth like Vanderbilt

  • @williamyejun8508
    @williamyejun8508 Рік тому +859

    Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too,

    • @alexyoung3126
      @alexyoung3126 Рік тому +2

      investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

    • @lawerencemiller9720
      @lawerencemiller9720 Рік тому +2

      wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio

    • @lawerencemiller9720
      @lawerencemiller9720 Рік тому +2

      Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.

  • @bobbymainz1160
    @bobbymainz1160 Рік тому +638

    Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

    • @alexyoung3126
      @alexyoung3126 Рік тому +3

      Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

    • @oneiljerry9460
      @oneiljerry9460 Рік тому +2

      Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.

    • @johnlennon232
      @johnlennon232 Рік тому +2

      Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.

    • @kimyoung8414
      @kimyoung8414 Рік тому +2

      @@johnlennon232 Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement

    • @kimyoung8414
      @kimyoung8414 Рік тому +1

      @@johnlennon232 I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.Thanks

  • @joesphcu8975
    @joesphcu8975 Рік тому +1481

    The investment you choose isn't right or wrong, just depends on the kind of business person you are or simply the kind of person you are. However, the end game is investing money long term creates wealth every time. Just pick what you like and understand, invest and it will pay off. A lifetime of investing for 5 mil is not hard to accrue.

    • @alexyoung3126
      @alexyoung3126 Рік тому +1

      But experts and strategists are telling us that those who believe the market will still bounce back are simply delusional - and they are about to get a reality check.

    • @lawerencemiller9720
      @lawerencemiller9720 Рік тому

      Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.

    • @oneiljerry9460
      @oneiljerry9460 Рік тому +1

      There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

    • @johnlennon232
      @johnlennon232 Рік тому

      Thats true, I've been getting assisted by an investment coach Eileen Ruth Sparks for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

    • @kimyoung8414
      @kimyoung8414 Рік тому +1

      Thats quite Impressive! can you share more info?

  • @TheLionKing999
    @TheLionKing999 2 роки тому +3

    I’m 24 and I’ve only had an immigrant mother and father. My father passed when I was 5 and my mother is illiterate. Thank you so much truly Pat!

  • @FrancesRyan-b2p
    @FrancesRyan-b2p Рік тому +268

    Retirement for some people becomes their bondage in poverty because they failed to invest with the little they have on their active years of working, this is an error we need to start working on now, I’ll advise that while you still can work and earn also take some money aside and invest in your future after retirement so this classification won’t have to be yours

    • @AlmedaKandemir
      @AlmedaKandemir Рік тому

      The thought of retirement has given me the opportunity to sort out another source of earning

    • @GeraldBarnett-su8vo
      @GeraldBarnett-su8vo Рік тому

      I started paying more attention to stock and learning more about online trades

    • @JewellOguin
      @JewellOguin Рік тому

      Trading became interesting when I met Shanita online and she gradually exposed me to the whole trade market and how to earn massively from it

    • @LouisMorris-vq8hf
      @LouisMorris-vq8hf Рік тому

      I was introduced to forex with the guidance of Mrs Creswell and there isn’t a single trade I have loosed

    • @LeonorFerreira-ur5th
      @LeonorFerreira-ur5th Рік тому

      Naturally, there's a lot of math involved in forex trading. but this is often presented in forms of daunting technical charts, indicators, patterns.

  • @sherry_smith_penson
    @sherry_smith_penson Рік тому +98

    We read news in the media that doom and gloom is coming and we just accept it, doom and gloom doesn’t always have to be coming, I’ve read numerous success stories of people that are pulling off tremendous gains of up to $250K within weeks in this crazy market and I just want to learn how to achieve such figures.

    • @lipglosskitten2610
      @lipglosskitten2610 Рік тому +1

      There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

    • @martingiavarini
      @martingiavarini Рік тому +1

      Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

    • @martingiavarini
      @martingiavarini Рік тому +1

      @Dan Brooks My advisor is ‘’Christine Jane Mclean’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

  • @tugina7490
    @tugina7490 Рік тому +2

    6 components to generational wealth
    1. MINDSET
    2. TIMING
    3. HABIT
    4. COMPOUNDING
    5. STRATEGY
    6. RELATIONSHIP

  • @Mooshm79
    @Mooshm79 2 роки тому +15

    44 mins in and it really fucking dawned on me that Pat is a multi multi millionaire if not a billionaire and he’s out here making UA-cam videos on a podcast for the every day person really think about how many people in his position are doing that. Thanks for being who you are Pat I’ve said this before but I can’t wait for the day I make it because I’ll book a flight to Florida just to shake your hand for being the role model that you are especially for someone in the Assyrian community we don’t have many people like you.

  • @NancyFranciss
    @NancyFranciss Рік тому +203

    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 .

    • @dawsondanny990
      @dawsondanny990 Рік тому +2

      This seems like the worst period. Even the markets are very unpredictable. started investing recently when the market prices were a bit high ,today i am more than 60% down

    • @PhilipMurray251
      @PhilipMurray251 Рік тому +2

      The current situation is incredibly dire for people in the United States and other countries. The global economy is facing a significant downturn, with increasing inflation rates and unemployment figures.

    • @tradekings5433
      @tradekings5433 Рік тому +3

      Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named Kate Elizabeth Amdall, I can say with certainty that their skills are excellent. She helped raise over $580,000 in 18 months from an initially stagnant portfolio of $150,000

    • @NancyFranciss
      @NancyFranciss Рік тому +1

      Fantastic! Can you share more details?

    • @tradekings5433
      @tradekings5433 Рік тому +2

      Can't reveal much info, she is the shrewd advisor responsible for my portfolio success, it's only right you look her up and confirm yourself.

  • @Raymondjohn2
    @Raymondjohn2 Рік тому +1889

    Great Video Mav! Maybe make a video on potential investments in this current market that would fetch substantial profit, been coming across articles on bloomberg, business insider etc about folks raking in $200K averagely in 6weeks using some sophisticated strategy and I'd love to know how.

    • @kenanporubsky2122
      @kenanporubsky2122 Рік тому +1

      Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.

    • @lipglosskitten2610
      @lipglosskitten2610 Рік тому +1

      There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

    • @kenanporubsky2122
      @kenanporubsky2122 Рік тому +1

      @Dan Brooks Impressive! can you share more info?

    • @Raymondjohn2
      @Raymondjohn2 Рік тому +1

      @Dan Brooks She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

  • @albacus2400BC
    @albacus2400BC 5 місяців тому +1064

    I recently started thinking seriously about how to think about money in a way that grows it both for me and my future generation. I started with 400k stock portfolio but it's hard for me to build confidence. I want to invest another 200k over a three-month span, but I want to be strategic about doing it so I can grow more and not stay stagnant. Any suggestions?

    • @cloudyblaze7916
      @cloudyblaze7916 5 місяців тому +2

      Not offering any particular suggestion, but I can assure you that it's not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.

    • @ericmendels
      @ericmendels 5 місяців тому +1

      I agree. There's a lot of potential in the market. My friend introduced me to a financial advisor in 2021, and even though I was skeptical, I went on. I finally was making enough monthly dividend to quit my soulless job and pursue my dream to start a restaurant in New Jersey.

    • @mohican-jx6fx
      @mohican-jx6fx 5 місяців тому +1

      That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with, please?

    • @ericmendels
      @ericmendels 5 місяців тому

      *Sharon Lynne Hart* is the licensed advisor I use. Just research the name. You’ll find necessary details to work with to set up an appointment.

    • @FeelMyTruth
      @FeelMyTruth 5 місяців тому

      Thank you for the recommendation. I'll send her an email and I hope I'm able to reach her.

  • @debbygradley25
    @debbygradley25 5 місяців тому +539

    Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.

    • @JenniferDavis7630
      @JenniferDavis7630 5 місяців тому

      If you're new to investing or don't have much time, it's best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.

    • @danieltaylor--65
      @danieltaylor--65 5 місяців тому

      A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @Angelinacortez495
      @Angelinacortez495 5 місяців тому

      I'm pleased I found this conversation. If you're comfortable with it, could you share how I can get in touch with the advisor you rely on for your investments?

    • @danieltaylor--65
      @danieltaylor--65 5 місяців тому

      Actually its a Lady. Yes my go to person is a ‘LAURELYN GROSS POHLMEIER '. So easy and compassionate Lady. You should take a look at her work.

    • @EthanBrown_23
      @EthanBrown_23 5 місяців тому

      I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon. Thanks

  • @MikeBharati
    @MikeBharati 10 місяців тому +554

    Is this a good time to buy stocks? I know everyone is saying we are in the bull market and all, but obviously there are strategies to maneuver when there is a bull market but these strategies doesn't come common to the average folk, I'm attempting to create a portfolio for me and my children that will at least be $1.2m in value.

    • @AlfredEgor
      @AlfredEgor 10 місяців тому +1

      True a lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @AlfredEgor
      @AlfredEgor 10 місяців тому

      'Laurelyn Gross Pohlmeier' is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @arseniohart
      @arseniohart 7 місяців тому

      It depends on who you ask. Most would say speak with your financial advisor. Real estate is also a great safe way to invest in as well. I have a fund that I am currently raising capital for multi-family Class A asset in Philadelphia, PA. If you're interested let me know!

  • @susannnico
    @susannnico Рік тому +411

    Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realize that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life

    • @lailaalfaddil7389
      @lailaalfaddil7389 Рік тому

      You're absolutely right , to be a successful in life required not only hard work but awareness and sometime opportunity at the moment , investment remains the best to start .

    • @lailaalfaddil7389
      @lailaalfaddil7389 Рік тому

      Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from *ROCHELLE DUNGCA-SCHREIBER* who's a guru in the game, you can be passively involved with the aid of a professional.

  • @yvonnehyatt8353
    @yvonnehyatt8353 Рік тому +3

    Keep teaching students this to all children please. Thanks.

  • @kortyEdna825
    @kortyEdna825 Рік тому +730

    The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?

    • @shannonsally455
      @shannonsally455 Рік тому +1

      Gold is often seen as a safe-haven asset that can protect against inflation and economic uncertainty. But like any investment, it carries risks. To determine if gold is the right investment option for you, an investment advisor can help you weigh the potential benefits and risks of investing in gold. They can also help you create a well-diversified portfolio that includes gold as part of a broader investment strategy. An investment advisor can help you decide how much of your portfolio should be allocated to gold and select other investments that can complement your gold holdings.

    • @carssimplified2195
      @carssimplified2195 Рік тому

      Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.

    • @Justinmeyer1000
      @Justinmeyer1000 Рік тому

      I completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a colleague

    • @Justinmeyer1000
      @Justinmeyer1000 Рік тому

      @tudorrwilson It's best you do your due diligence, I have my portfolio overseen by ‘’JULIE ANNE HOOVER, and her qualifications speak for itself. Most likely, the internet is where to find basic info, she has a noticeable page for consulting.

    • @chris-cy5ed
      @chris-cy5ed Рік тому

      tesla just went up 200% actually 185% in the last 5 months , apple is up 50%

  • @donaldshiriyedewe4877
    @donaldshiriyedewe4877 Рік тому +2

    This podcast is one of the best ever on the internet. I could pay 💰 to get this advice, but alas it’s here for free!

  • @Toneload11
    @Toneload11 2 роки тому +6

    3 books that are really helpful in my journey
    1. Family wealth keeping it in the family ( hard to find nowadays and not in printed)
    2. Buildt your family bank By Griffith....
    3. Family fortunes by bull and will Bonner ( I know them personally so maybe not fair in my judgement)

  • @jenniferpowell23
    @jenniferpowell23 2 роки тому +1238

    Heard someone say the best season for a financial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $250k stagnant in my portfolio that needs growth. What is the best way to take advantage of this downturn?

  • @natashaquinn88
    @natashaquinn88 2 роки тому +4

    Man when he talked about how bored I might be with life that really hit home. Bored out of my skull. Unclear about what I want. I need the clear vision and then I know, I absolutely know, I can achieve it.

  • @cloud8315
    @cloud8315 Рік тому +9

    My great grandparents, my grandparents, and my parents worked to survive. I did the same until my 4 boys introduced me to 2 words....Generational Wealth🤯 I am on a mission to NOT only be the 1st generation born in the US but the 1st generation to begin building generational wealth🙋🏽‍♀️

    • @jl4603
      @jl4603 Рік тому +2

      Same here.

  • @darnellcapriccioso
    @darnellcapriccioso Рік тому +1753

    For 2023, it’s hard to nail down specific predictions for the stock market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

    • @maiadazz
      @maiadazz Рік тому +6

      A lot of folks have been going on about a January rally and said stocks that would be experiencing significant growth these festive season, any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?

    • @richardhudson1243
      @richardhudson1243 Рік тому +5

      @@maiadazz yes, transportation, e-commerce among other sectors are expected to experience growth, but who knows, the market has been a basket of surprises.

    • @lynettemontgomery3591
      @lynettemontgomery3591 Рік тому +3

      Invest in mining, mapping, silver and gold,and paintings,not the stock market it's going to crash

  • @StackingIron
    @StackingIron 2 роки тому +109

    Holding my first born son on my chest right now watching. I own a welding company that specializes in quality, job planning, and flat out hustle. I spent time in foster care till my grand father took me and my brothers in. Got into the industry because of my respect for him. I'm debt free in my early 20s and own all my equipment. I've worked on pipelines, pads, gold mines, for farmers and basic fab. I've drives across the country for weld tests and am always looking for the next job not only for the cash but work that make me grow, network, and broden my skill sets. Hoping to do some nuclear plants if oil and gas is slow and if I can't find local work for gd mines. So many people want half ass work so it's limited their, that work will get someone killed or leal harmful substances into the environment one day. Hoping that I can push quality in the area, pipeline is high end, best of the best. You have to pass x ray and make perfect welds. This area needs it. Bought my son his first welding beanie. Even though I'll make it to where he doesn't have to work I'm gonna make him. I've had two hands, a can do additude and more doubters than you can imagine. I'm still killing it and I'm still pissed at everypne who tried to derail me. Had a 2nd grade teacher target me. Im dyslexic and have ever 3 letter word in the book. I was a kid who lived though starvation, sexual abuse and a feel sorry list a mile long so I had a hard time being a student. It pisses me off, I take kill shots in life and I know she's heard of my success. Hope she knows I won lol. Not sure if it's a healthy mind set but I love to make a point. I hope my son has my drive and can make our name a house hold name but stay humble and have a good wife and a great relationship with the Lord. New to UA-cam self education and I appreciate the content. Real recognizes real. Great video my spirit Aligned and agreed with a lot y'all said. Happy thanksgiving 🎉🎉🎉

    • @Sharon-kr1ui
      @Sharon-kr1ui 2 роки тому +6

      amazing post, good luck and God Bless.

    • @dailyjerk
      @dailyjerk 2 роки тому +2

      Wow proud of u bro!!🧠🔥🔥keep it up

    • @BM-if9zn
      @BM-if9zn 2 роки тому

      Keep up the great work and strong work spirit. Merry Christmas and Happy New Year!

    • @DavidJGlad
      @DavidJGlad 2 роки тому

      Wow! Thanks for sharing your story

    • @MsRodrigo989898
      @MsRodrigo989898 2 роки тому +1

      i went through similar stuff and that made me have an enormous drive to succeed

  • @stevensmiddlemass2072
    @stevensmiddlemass2072 Рік тому +828

    I recently inherited almost $500k. I REALLY need to make this money work for me, and not just disappear over time. I've been scrambling for somewhere to put the money, where I can make an effort to use the gains to pay bills so I can quit my job . All roads have pointed to the financial market of some sort which is a good idea buh where else should I put money besides the financial market? We have a 13% RPI rate so cash is tough.

    • @JeepCherokeeful
      @JeepCherokeeful Рік тому

      News flash, $500k isn’t much, certainly not enough to “quit your job”, even at 65 years old...you REALLY need to get in touch with reality.

    • @reidcrosby6241
      @reidcrosby6241 Рік тому

      Learn what "third party risk" is and remember that it will kill that nest egg someone blessed you with. Also, don't just keep it in US dollar derived assets. Spread it around, keep working, learn a language, get a passport.

    • @alrent2992
      @alrent2992 9 місяців тому

      Invest in CD's . México CD's pay 9.5% to 11%. Remove the 3rd. Party.

  • @thclapper2258
    @thclapper2258 Рік тому +180

    I'm so happy i made productive decisions about my finances that changed my life forever. Bought my second house in September last year and hoping to retire next year if things keep going smoothly for me.

    • @adrienclaeys294
      @adrienclaeys294 Рік тому

      Congratulations. You're really doing well for yourself, I'm at 55 and my financial life is in a mess. Any great tips would really go a long way in shaping my life. i want to buy my own house, that's really a big flex….

    • @thclapper2258
      @thclapper2258 Рік тому

      @@adrienclaeys294 I make huge profits on my investment since I let Mrs Brianna Megan handle my portfolio, her strategies are top notch , then I use the FIRE movement to put my finances in order.

    • @adrienclaeys294
      @adrienclaeys294 Рік тому

      @@thclapper2258 Thanks for your kind response, i would love to connect with your financial consultant, I learned very late about the importance of a mentor.....

    • @drlukasdouglas74862
      @drlukasdouglas74862 Рік тому

      Hey! Please who is this advisor of yours? I guess success really means total knowledge and I hope she can help me get back what I lost. Can I have an easy access to reach out?

    • @thclapper2258
      @thclapper2258 Рік тому

  • @ericprunty3734
    @ericprunty3734 2 роки тому +662

    The stock market rally run is over but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.

  • @monnyabraham3027
    @monnyabraham3027 Рік тому +1

    The greatest wealth you can pass on to your generations is for each of them to get right with God. At the end of it all, it will not matter how much wealth you left them with. This world’s wealth matters if it is benefitting others. But eternal wealth matters most!

  • @oscarkelly3378
    @oscarkelly3378 Рік тому +123

    There's no limitation to what we can achieve if" we put our minds to it. We can do it. When investing in this market, experience is crucial as it's a highly volatile market.

    • @Alessandroabbatecola
      @Alessandroabbatecola Рік тому

      I've always been fascinated with investing and I need to start now. I will appreciate any tip or pointers please?

    • @williamadams2361
      @williamadams2361 Рік тому

      @@donaldkelk Investing in Crypto market isn't a myth, the real risk in the Crypto market is the risk of not investing.

    • @williamadams2361
      @williamadams2361 Рік тому

      I'm sure the idea of a coach might sound generic or controversial to a few, but new study by investopedia found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $650k from an initially stagnant reserve of $150K all within 14months.

    • @donaldkelk
      @donaldkelk Рік тому

      I think your proposal has much to comment on because the creation of this property eventually was allowed for exchange and the future is tradeable.

    • @Alessandroabbatecola
      @Alessandroabbatecola Рік тому

      @@williamadams2361 That's impressive, please would you mind recommending the invt-adviser you're using?

  • @Cbed1
    @Cbed1 9 днів тому

    I’ve listened to this video a few times already and will continue to replay it as long as I have to until I know ever word

  • @Joshua_675
    @Joshua_675 2 роки тому +29

    Investing appropriately today can save you a whole lot of stress in the nearest future

    • @Frank.678
      @Frank.678 2 роки тому

      This must be an investment with Mrs Charlotte Junko Walsh ,after I came across trading platform of Mrs Charlotte Junko Walsh my financial life has totally changed.

    • @MuhammadAhmed-kx8el
      @MuhammadAhmed-kx8el 2 роки тому

      Honestly I believe because I have seen people around my neighborhood that actually gets 70k per month trading with a broker, thanks for the info dude am happy that I came across this information. You are best keep the good work going, I will get in touch with Mrs Charlotte ASAP and begin my investment and trading journey with her platform…

    • @georgemaxwell8574
      @georgemaxwell8574 2 роки тому

      @linda
      Thanks a lot I just sent her a message and
      she responded nicely..

    • @elias4800
      @elias4800 2 роки тому

      She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States 🇺🇸. I started with $4,000 now I earn up to $13,000 a week. God bless Mrs Charlotte.

  • @gtcutzbarbershopllc
    @gtcutzbarbershopllc 2 роки тому

    Thanks!

  • @CurateHub
    @CurateHub Рік тому +445

    In the other news, I turned 400 into 14k in a month. That's more than 10x return on investment, but if this strategy was indeed viable in the long term, I would be the world's richest man in less than a year.

    • @manylinkz.lining
      @manylinkz.lining Рік тому +3

      Yeah but just like how they said if you get lucky and just like you said what if.. just appreciate your blessing. If you can do that again well you’re amazing.

    • @debrab7844
      @debrab7844 Рік тому +2

      You can get lucky streaks...but eventually you'll lose it all. So you have to work with this..
      Unless he was simply lucky?
      "Better to be lucky than good"?

    • @alexanderfinlay9639
      @alexanderfinlay9639 Рік тому +1

      Then why didn"t you invest the 15k to get 50k, then a few times over again to become a trillionaire ?
      I did the same but later you get the buffet effect. The more you have the less risky stuff you do and you play with less and less %

    • @ericprunty3734
      @ericprunty3734 Рік тому

      That's a 35x return. With those numbers, you could turn $1 into $3.5 quintillion in a year. Pretty good strategy.

  • @walter.dlawson2580
    @walter.dlawson2580 2 роки тому +59

    Building wealth and achieving financial success entails having diverse streams of income, i hope we all realize our salaries wont give us the generational wealth. i'm an advocate for diverse investments i grew a foundation in the market now over a million from blue chips, etfs and bonds i utilized the help i got. now i invest passively with my F.A Susan Kay Mack, she handles my investments and ensures i stay above the market.

    • @donaldlocher2537
      @donaldlocher2537 2 роки тому +2

      that's quite impressive, you surely made a good bit of money..

    • @emilyhowe3359
      @emilyhowe3359 2 роки тому +1

      I did read about Susan Kay Mack on the web., quite a great resume she has

    • @robertthurmond8161
      @robertthurmond8161 2 роки тому

      Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.

    • @mitchsapastein5593
      @mitchsapastein5593 2 роки тому +1

      found her webpage by looking up her name online.... Her resume is quite outstanding, I'll be writing a mail to her shortly.

  • @ronaelcano1052
    @ronaelcano1052 2 роки тому +7

    Thank you PBD for the learnings. God bless Bet-David generations.

  • @claytonjanuary2580
    @claytonjanuary2580 2 роки тому +5

    Brilliant! I learned something in the intro, how to do family trusts right. This guy is a genius, and thats 7 minutes in.

  • @elizabethpaier1411
    @elizabethpaier1411 2 роки тому +1

    Oh Dear God ! Thank you for this wonderful man who cares about everyone and who also wants to help them reach their goals !

  • @joecaruso06
    @joecaruso06 Рік тому +157

    Having come a long way with life, I know for a fact there is no defined 'rule' to creating wealth. Personally, I think all that is required is discipline and with discipline comes responsibility and with responsibility comes savings and investment. Also, it is crucial to seek professional advice before getting into an investment though. In order to avoid a wasteful loss

    • @mattpredictsofm.
      @mattpredictsofm. Рік тому

      No one's ever achieved financial fitness with a January resolution that's abandoned by February. Suze Orman

    • @maryalchester
      @maryalchester Рік тому

      We are in a financial precarious position because of our persistent need to do things on our own. I am a strong bull on the euro despite the current economic downturn. The key is knowing when to get in and get out also basic understanding on how the market works & delegation is crucial in order to learn at your own pace. There is always more to technical and upfront fundamentals. Following •Yvonne Annette Lively guides, I have been able to make as much as $50k roi on a $100k capital in less than 3 months while learning at my own pace.

    • @alyoshaivanovv
      @alyoshaivanovv Рік тому

      Yvonne Annette lively?

    • @alyoshaivanovv
      @alyoshaivanovv Рік тому

      The fin expert with an average of 10.2% roi? Was she recently featured on cbc?

    • @hueymorello5115
      @hueymorello5115 Рік тому

      @@alyoshaivanovv looked her up. Seems pretty detailed. Thanks

  • @kinvert
    @kinvert Рік тому +1

    Wish this went in to more detail about the structures of the trusts etc. Hopefully he covered that in another video.

  • @andrewacevedo1297
    @andrewacevedo1297 2 роки тому +18

    Thank you Patrick. I’m 29 turning 30 in a couple of weeks, a few years back I got hit by a car and didn’t die because simply it wasn’t my time, ever since I’ve been in a learning journey and I’ve restructured my life completely, this is great content, I want to set my family for when I’m no longer here. Thank you 🙏🏽

    • @SteelC6
      @SteelC6 Рік тому

      Great. Keep going brother. I also got in a severe accident years back.

    • @sadbanana7272
      @sadbanana7272 Рік тому

      Good

  • @privateprivate2421
    @privateprivate2421 Рік тому

    Focus on the income not the debt. I read that once and it was life changing for me.

  • @ericmatanda5743
    @ericmatanda5743 2 роки тому +3

    This is a very important message. Learned a lot from this. Gonna excel at this game.

  • @cayennepeppa707
    @cayennepeppa707 Рік тому +1

    There's an old Middle Eastern saying-- "Sandals to sandals in 3 generations." The first generation works their asses off to get out of their situation, the next generation is close enough to have learned what they need to learn to keep it going. However, by the third generation, they do not know or appreciate how much work it took to keep it up and they lose it. Yes. It's every generation that needs to teach their own next generation on the habits to keep it going.

  • @theministerofnumerology
    @theministerofnumerology Рік тому +3

    Definitely a good refresher, I would recommend reading "Family Wealth--Keeping It in the Family: How Family Members and Their Advisers Preserve Human, Intellectual, and Financial Assets for Generations" by James E. Hughes Jr. He shares a system that I've seen work in fraternal organizations.

  • @JackDaws0n
    @JackDaws0n 2 роки тому +1

    Thank you Mr. PBD. I thank you for providing content of knowledge and value. I also thank myself as the 22 year old to listen to you and implicate your wisdom irl because i do not have role models like you in my life which doesnt discourage me. It fuels me to think longevity and generational to elevate and show myself. I am currently working on my health, wealth, love and happiness. The system is set up for us ordinary people to fail and forever stay poverish. I currently have good capital and fully liquidated with very minimum liabilities. learning financial literacy daily on my own terms, really gonna take full advantage of this recession and investing in general. Taking my physical and mental health very seriously as well. Seeking for value everyday, and going to implicate the knowledge i learn into wealth! Love you man from a far, thank you for being a teacher.

  • @ZackHughes
    @ZackHughes 2 роки тому +15

    There are not enough discussions on family legacy.. Very well done and much needed 🇺🇸

  • @belangeok
    @belangeok 2 роки тому +2

    Having generational wealth is a great way to improve your family overall sovereignty (lawfully, spiritually and materially) in the future.

  • @Gladiatorpalace
    @Gladiatorpalace Рік тому +3

    I don't know how I came across this channel but am really glad I did. So much knowledge, am really learning a lot, great work Mr. Patrick

  • @yvonnehyatt8353
    @yvonnehyatt8353 Рік тому +1

    Please study -Paul Orfalea and Bruce Lipton thanks.oh the cash flow game .

  • @Cristian_M_
    @Cristian_M_ Рік тому +19

    To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income particularly weekly or monthly basis. That’s the key to living a financially stability

    • @kirstenraedmund7346
      @kirstenraedmund7346 Рік тому

      I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me

    • @Bireshprema
      @Bireshprema Рік тому

      Wow, really. I was able to make my $25k on investment

    • @tracyholian2944
      @tracyholian2944 Рік тому

      ​@@kirstenraedmund7346I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings

    • @robertgeorge238
      @robertgeorge238 Рік тому

      Assets that can make you rich
      *FX
      *Btcoin
      *Stocks
      *Gold
      *Real estate

    • @clydeorlan2615
      @clydeorlan2615 Рік тому

      You’re right but a lot of people remain poor due to ignorance

  • @alexsalazar8526
    @alexsalazar8526 Рік тому +1

    Thank you for this valuable information.

  • @carlocase8027
    @carlocase8027 2 роки тому +919

    I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $150k in this red period. What measures can I take to achieve this?

    • @codeblue11
      @codeblue11 2 роки тому +1

      Couldn’t agree more Flynn! I've been in constant touch with a fiinancial-analyst since covid . These days, it's really easy to buy into trending stock's, but the task is determining when to buy or sell. My advisorr decides entry and exit commands on my portfoliio, I've accrued over $550k from an initially stagnant reserve of $150K

    • @doylejames8018
      @doylejames8018 2 роки тому

      @@codeblue11 I’ve actually been thinking of reaching a portfolio-adviser, my 401k and stocks have been losing everything it's gained since 2019, mind if I looked up this one coach you use?

    • @codeblue11
      @codeblue11 2 роки тому

      The advisr I use is actually quite known, you might have come across her before, Eleanor Cecilia Schnell, she's been featured in several articles, and you can search her name.

    • @dominantnat9624
      @dominantnat9624 2 роки тому

      I would never take advice online but I curiously looked this person up and reached out to her for assistance. she seems proficient and experienced.

    • @secretmuse420
      @secretmuse420 2 роки тому

      @@dominantnat9624 you scammers going back and forth is the most hilarious thing 😂. Do you also give each other handjobs after one of your “life changing” trades?

  • @josephravindran6187
    @josephravindran6187 Рік тому

    I love your presentation. Specially, what you are saying about family because our families are very close to each other. This is very important.

  • @nicholasmartinez6043
    @nicholasmartinez6043 2 роки тому +4

    Thank you for covering this topic. I grew up with nothing and now at age 35 have over a million dollar net worth. That was made through paid for real estate and stock market investing. I want to be able to leave my kids with generational wealth but we aren’t taught this. We are only taught to earn money, and to a lesser extent invest money. I will be implementing these principles with my family

  • @Just4funTravel
    @Just4funTravel Рік тому +1

    What a master piece 👏 Thank you so much for this video.

  • @tamirajohnellestyle
    @tamirajohnellestyle 2 роки тому +7

    Random comment. I’m adopted and when I met my birth family I was like Thank God y’all gave me up for adaption. Lol

  • @arandomartlover
    @arandomartlover Рік тому +1

    Hi Pat. Thanks for taking the time to put these videos together to educate everyone. Dr. Kay Sobhe, Certified Rug Specialist, Certified Rug Appraiser, Rug Ideas (since 1953) Los Angeles

  • @jessstimpert6781
    @jessstimpert6781 2 роки тому +25

    As the economic crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future, Thanks so much Mrs. Paula David for improving my portfolio.

    • @henrysimon7213
      @henrysimon7213 2 роки тому

      I'm surprised you know her too, I've been making a lot of profit investing with her for a few month now.

    • @daviesgriffiths5215
      @daviesgriffiths5215 2 роки тому

      Mrs Paula changed my life because of her high profits i got from investing with her.

    • @michaelparas1499
      @michaelparas1499 2 роки тому

      You invest with Paula too? Wow that woman has been a blessing to me and my family.

    • @marklingard7705
      @marklingard7705 2 роки тому

      I'm new at this, please how can i reach your guide

    • @tessbakker7549
      @tessbakker7549 2 роки тому +1

      I was skeptical at first until i decided to try. Its huge returns are awesome, can't say much

  • @cedricpadolus
    @cedricpadolus Рік тому +1

    Let them scroll while we learn & earn. Thank you for that precious lesson. 👌

  • @lincolnburrows7392
    @lincolnburrows7392 2 роки тому +18

    Creating another source of income in these difficult times is the best thing to do. Not only does it guarantee returns, it also helps you plan and save for future expenses. It can be quite difficult to make an investment without sound knowledge or guidance, which is why it is advisable to work with an investment advisor.

    • @julypurple
      @julypurple 2 роки тому

      So happy to see people talking about my trusted personal Broker I have been working with her for the past two years now without any casualties her strategies are mind blowing.

    • @anzhela4521
      @anzhela4521 2 роки тому

      Does anyone here knows how to contact Mrs DorothyAnnHuntt? thank you.

    • @anthonycasper9755
      @anthonycasper9755 2 роки тому

      As a first time investor, I started trading with Mrs DorothyAnnHuntt with just a $4,000, now my portfolio is worth $11,400 within the space 2weeks trading with her.

    • @selgierodriguez954
      @selgierodriguez954 2 роки тому

      When someone is straight forward at what he or she does people will always speak for them

  • @ksize7058
    @ksize7058 2 роки тому +2

    Love thhis video bro! Especially the family and generational wealth part

  • @likejesushere
    @likejesushere 2 роки тому +4

    Thanks Pat. This has been so much of a blessing to me. God bless you. - David from Nigeria

  • @MrDustinhightower
    @MrDustinhightower Рік тому +1

    Great information! thanks 🙏

  • @mesutserim1595
    @mesutserim1595 2 роки тому +778

    With the way the market is moving, we'll mostly hold for longer than 2025 to realize profit gain, I think a video on "How to profit from the present market" will be more effective, I mean I've heard of people making up to 250K within few months and I'd like to know how.

    • @Robertgriffinne
      @Robertgriffinne 2 роки тому +1

      @Finest Bear Hug That's right, I started investing sometime in 2018 and by late 2019, I pulled a profit of over $750,000 with no prior investing knowledge or skill, I was basically just following the guidelines set by the financial advisor I use, so you don't necessarily need to be a perfect investor or do the hard works, just have a professional guide you.

    • @Robertgriffinne
      @Robertgriffinne 2 роки тому +3

      @Jake Farmers My advisor is ''Wendy Helene Bennett''. In terms of portfolio diversity, she's a genius. You can glance her name up on the internet and verify her yourself. she has years of financial market experience.

    • @tradekings5433
      @tradekings5433 2 роки тому +2

      @@Robertgriffinne I know Wendy Helene Bennett. She obviously brings a lot of experience in trading to the table but more importantly I think she is a tough person in an industry that demands clairvoyance

    • @Natalieneptune469
      @Natalieneptune469 2 роки тому +1

      @@tradekings5433 Thanks, could really use the recommendation, I've been losing a shit-ton lately, I looked up Wendy and I wrote her detailing my Fin-market goals

    • @scenethrills
      @scenethrills 2 роки тому

      @@Robertgriffinne what were you investing on directly?

  • @supergman312
    @supergman312 2 роки тому +2

    Pat,
    I am 9 minutes into this video and this already feels like it’s going to be a master class for me.
    Thank you

  • @tylothegentleman
    @tylothegentleman 2 роки тому +5

    This video got me so hype and excited to make sure everything is set for my family for generations to come! Thank you! Im fired up!

  • @brendamullen9367
    @brendamullen9367 Рік тому

    Absolutely. Creating bonds memories and a safe place for everyone to go and have fun.

  • @caruniv3287
    @caruniv3287 2 роки тому +26

    The first step build a family that can stick together like a team. Second step raise kids that have pride and a good work ethic. 3rd step don't raise your kids to move out and start all over again. 4th step build on to your existing house keep the family together Sahara life's expenses so you can buy assets as a family. 4th step buy the properties next door to you. 5th step let your grandkids know your family is a team and teams stick together. Post script set up a good family trust.

    • @ny_njtrailrunnert926
      @ny_njtrailrunnert926 2 роки тому

      Elaborate on 3rd step pls

    • @adyingbreedofman9112
      @adyingbreedofman9112 2 роки тому +1

      What we are starting. Three generations in one house. Grammy, my brother in law, 4 children and my wife. Raising a tight knit close family unit. Good old fashioned morals and work ethic. Take care of your own first mentality. It's always been the keystone of life but family unity in today's society I feel is essential for many many reasons.

    • @ronizielinski4048
      @ronizielinski4048 2 роки тому +1

      @@ny_njtrailrunnert926 perhaps the poster means that we should stop with our culture's view on moving out so quickly when not yet married. Americans have more respect for a 24 year old that lives with 3 friends than one that lives with relatives. Plus, this would avoid all the bs situation ships that tear us down. When parents kick out a 19 year old girl? Where is she gonna most likely end up? With some situation ship with some guy. Then another guy. Then another guy.
      Just make sure they work and provide for all their bills while there, and slowly increase rent over time. To avoid lazy kids.

    • @TheoriginalBMT
      @TheoriginalBMT 2 роки тому +1

      The trust part is vital. Getting the right one goes a long way too.

    • @TheoriginalBMT
      @TheoriginalBMT 2 роки тому +1

      @@ny_njtrailrunnert926 An example. I have an employee that when he turned 18. Was told he had to get his own place. Hadn't even graduated HS yet. The nicest kid too. He figured it out and did well for himself. But how much better would he be in a household that was more supportive?

  • @michaelmarshall8503
    @michaelmarshall8503 Рік тому +1

    My brother this video was amazing. Very informative and structured. Thank you for helping me create a vision for myself. God bless you!

  • @blamahsarnor3057
    @blamahsarnor3057 2 роки тому +4

    Powerful wisdom contained in this content. Appreciate it Patrick.

  • @gilleslaviolette8147
    @gilleslaviolette8147 Рік тому +1

    Great info Pat! Keep up the great work! Take care!

  • @Marco-wz5vo
    @Marco-wz5vo 2 роки тому +1

    I am so great full for this information, thank you so much!

  • @yurielcundangan9090
    @yurielcundangan9090 2 роки тому +3

    Every single one of ya'll agrees that Pat Davis made our day:

  • @chrisschuler5041
    @chrisschuler5041 2 роки тому +1

    I am excited to meet you someday.. Thank you for your content..

  • @Prollosoph
    @Prollosoph 2 роки тому +7

    One of the toughess things when it comes wealthbuilding is to preserve/grow it over generations. This is really a good one Patrick 👍 as a father of 3 Im often thinking about this matter

  • @israelc.8586
    @israelc.8586 2 роки тому +1

    Thank you Patrick

  • @Tonyforeman659
    @Tonyforeman659 2 роки тому +13

    I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.

    • @raheemalbrighton1573
      @raheemalbrighton1573 2 роки тому

      The pandemic came and taught everyone the importance of having multiple stream of income, unfortunately having a nice paying job doesn't mean you are financial secured anymore. So we all need to put in an extra-income earning chance, like investments.

    • @Jody8337
      @Jody8337 2 роки тому

      @@raheemalbrighton1573 I agree with you, Covid taught us the importance of having a plan "B" income. You are not safe with just one paying job, when nobody knows what will happen next. Look at what happened to so many of u...

    • @Jody8337
      @Jody8337 2 роки тому

      Job will pay your bills, business will make you rich but investment makes and keep you wealthy, the future is inevitable 💵

    • @Rick.4890
      @Rick.4890 2 роки тому

      Investment is that tiny line that separates the RICH from the POOR. The foolish from wise sorry to say. I can proudly say I am wise today because I can provide for my family through my investments.

    • @Jody8337
      @Jody8337 2 роки тому

      @Robin Vanessa Be careful not to jump into trading without any proper training because it can be very detrimental. Many folks jump into trading only to suffer great loss at the very beginning. Do not try to imitate a professional traders, better still ask questions. Get the services of a professional stock expert or a licensed broker.

  • @soojoe
    @soojoe 2 роки тому +1

    Gold and other precious metals are key🔑 in preservation of wealth

  • @AaronWealthManagement
    @AaronWealthManagement 2 роки тому +6

    Patrick this is awesome content. Thank you for reminding us that greatness doesn't happen by accident.

  • @kingtutakhamon
    @kingtutakhamon Рік тому

    I’ve been teaching this to my loved one’s for over 10 years

  • @hoosier-daddy-wv5gi
    @hoosier-daddy-wv5gi 2 місяці тому +748

    Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.

    • @BrianJason-d3s
      @BrianJason-d3s 2 місяці тому +1

      Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

    • @tatianastarcic
      @tatianastarcic 2 місяці тому +1

      The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

    • @StephenLogan-g2v
      @StephenLogan-g2v 2 місяці тому +1

      Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person

    • @tatianastarcic
      @tatianastarcic 2 місяці тому +1

      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.

    • @RyanOliver-j6d
      @RyanOliver-j6d 2 місяці тому +1

      I am going to look her up right away on web, I have about $220k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.

  • @DavidLucas-so8rr
    @DavidLucas-so8rr Місяць тому +1427

    I've been hesitant to invest in the present market, but I believe it's the greatest moment to get started. I heard one person talk about making over a million dollars with $450,000 in cash, and I'm left wondering what talent and plan would yield such a return.

    • @Bako-b8j
      @Bako-b8j Місяць тому +4

      Avoid hasty decisions based on short-term swings. Prioritize patience and a long-term perspective, and most importantly, seek financial advice to make educated purchasing and selling decisions.

    • @Bridget-l7p
      @Bridget-l7p Місяць тому +2

      Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $235k to $690k despite inflation.

    • @trazzpalmer3199
      @trazzpalmer3199 Місяць тому +2

      Please who’s this consultant ?

    • @Bridget-l7p
      @Bridget-l7p Місяць тому +1

      Actually its a Lady. Yes my go to person is a ‘LAURELYN GROSS POHLMEIER '. So easy and compassionate Lady. You should take a look at her work.

    • @EthanBrown_23
      @EthanBrown_23 Місяць тому +1

      She appears to be well-educated and well-read. I ran an onlline search on her name and came across her webslte; thank you for sharing. I sccheduled a caII.