Hello Aluxers, did this video light up a switch inside your mind? Article version: www.alux.com/poor-people-making-money/ Invest in yourself today: www.alux.com/mindmastery Get a free audiobook: www.alux.com/freebook (thanks to Audible) Money: Master the Game by Tony Robbins: amzn.to/31SopPs Rich Dad Poor Dad by Robert Kiyosaki: amzn.to/38v6H67 The Millionaire FastLane by MJ. Demarco: amzn.to/3e14Yqi
@@alexyoung3126 very true! I started investing in 2016 and that same year I pulled a profit of about[$300,000] with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisor, so you don't necessarily need to be a perfect investor, just have a professional assist you
@@joesphcu8975 How can one find a resourceful FA, I buy the idea of employing their services, its a shame market crashes as of late have become a sort of habit for stocks
@@stephaniestella213 My advisor is 'INGRID CECILIA RAAD'' 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.
@Goose Gumps V3 Extremely saddened about your parents. You need to adapt to the new reality and be responsible now. Don't worry, you will do just fine.
It is so true! And I really love to sleep at night 😀 without worrying about keeping up with the Joneses... there’s a certain amount of peace when You are seen as living on the comfortable side of middle class, without any stress, or expectation of trying to outdo someone in your social circle, I cannot stress enough how peaceful it is for the soul when your only responsibility is to grow what You have spent the majority of my youth building. And the only people that actually need to know your secret, are the people what can I help you build it properly.
there's a book called whispers of manifestation on borlest , and it talks about how using some secret tehniques you can attract almost everything in life it's not some bullshit law of attraction, it's the real deal
0:55 1 - You can pay little to no money in tax if you start a business 2:05 2 - Making money is about system solving, not working hard 3:51 3 - Make money while you sleep or you will never be rich 4:57 4 - It takes the same amount of effort to make $50.000 or $1 Million 6:11 5 - Ideas are worthless without extended execution 7:42 6 - Instead of cutting down costs, focus on increasing income 8:43 7 - $100 in passive income is worth more than $1000 of worked income 10:47 8 - Over 50% of your income should go towards investments 13:10 9 - $1 Million dollars per year isn't a lot of money 15:37 10 - A wall gets built brick by brick - same is wealth 19:09 11- Never borrow money that doesn't go towards making more money 21:23 12 - You earn in proportion to your ability to use the tools you have at your disposal 23:20 13 - Keeping money is harder than making money 24:48 14 - Business people hire good-professionals to make them rich 26:46 15 - You need at least 3 income streams to feel safe 28:58 * - Tracking shows you the way
A students thinks that Study hard + work hard= success B and C students understand that... Study hard + find the way to make someone else do the hard work for you = success
It's a massive generalisation. They're are plenty of A students who are also financially wise. There are plenty of B/C who aren't financially wise. It's just said to make B/C students feel better
@@anitaperez6838 You right. Trading with an expert in the field is the best, have been making a huge returns from my investment since I met Elias Greyson Cooper one of the best in crypto currency investment.
“Poor people buy status, rich people buy wealth.” That is my new motivational saying to get me focused when I stray off task. Money is a tool to buy freedom.
This is what my parents did but do note that "simply execute it better" can be time intensive. For us it was about giving more service to costumers after a sale. These costumers do the sales for us basically after a while. But this does still require the service that is expected. The other side, the ones not giving service at all or ghosting their costumer still exists. They also have a lot less head aches and less work for every dollar earned.
As an African American Deca-Millionaire Mechanical Engineer, these are the 5 books that helped me build Generational wealth for my family: 1) The Total Money Makeover - Dave Ramsey 2) The Millionaire next Door 3) Money Master the Game- Tony Robbins 4) The Richest Man in Babylon 5) Rental Property Investing - Brandon Turner Good luck my friends and God Bless
I read 1,2, and 4 book, but not 3 and 5. I started late in investing and I started small I use apps Acorns, Robinhood, Stash, and now Webull. I'm check out 3 and 5. I'm Jamacian and African American, I learn about investing in my 40's. I invest in ETFs, ETN, individual stocks, bonds, and REITs. I found out that you don't have to have alot of money to invest. Apps like Acorns and Stash only need $5, M1 Finance $100, Cash App, Webull, and Robinhood it dont matter the amount, you can put a $1.00 in it, don't have A lot of money to invest real estate but don't want the headache of being a landlord, Fundrise a Real Estate investment trust and only need $500. I also trade stocks, penny stocks, option trading, and crypto but I'm a small trader but gotta start somewhere. I save $1000 and invested $100 and traded $100 when I got my stimulus money. Good books to read is Who Moved My Cheese by Spenser Johnson, Think And Grow Rich A Black Choice and The Wealth Choice by Dr. Dennis Kimbro, and Trading For A Living by Alexander Elder. It's no excuse not start investing and trading, too many social media platforms on how to make money.
@@DreadMike73 Absolutely - and once I learned that the rich get richer and Nothing will ever Change that, I decided to get rich and the instructions for doing so were in the books. It works. Amen.
Never too late friend. Think of it like this you got all the bad out of your system, and can now focus and do better now than you could have when you were younger. Stay blessed and keep going!
I got serious around your age starting and maxing out a Roth IRA (Fidelity total market index fund) every year. I'm 57 now. In 20 years That Roth IRA some real estate and some stocks have done wonders for my life. Start ASAP😊👍
Im 34 as well, I sort of knew this at my 20s but I spent all my money and savings traveling, I do not regret, but if I would have the chance to make some changes I wouldnt spend all that money traveling, it is incredible how your goals change in your 30s
Keep a budget. Just because you make more money doesn't mean you need to buy a fancier car. A famous sports player still uses the first Toyota he bought in college.
ALWAYS, ALWAYS INCREASE YOUR EXPENSES, you need them to keep more of your money. You need EXPENSES to be a wealthy business. Writing off EXPENSES gives you the lifestyle of your choice.
1 no tax if u have business 2 make money by solving problem 3 make money while u sleep, or u wont be rich 4 it takes same effort to make 50k or 1 million 5 ideas are nothing with execution for extended time 6 Focus on increasing income 7 $100 in passive income is more than $1000 of worked income 8 50% of income shall be invested 9 $1million is nothing due to inflation 10 wall gets built brick by brick 11 never borrow money that doesn't do into making more money 12 u earn in proportion to your ability to use the tools u have with yourself 13 keeping money is harder than making money 14 business people hire good professional to make them rich 15 u shall have 3 streams of income to feel safe 16 tracking shows u the way,,,
“Money” it takes the same amount of energy to make $50k as it does to make $1 million. Selling mobile phones uses the same skill set as selling houses!
I lost a lot of money last term. I own an outdoor school and it was hit by Corona- for 6 months we had no money coming in. The lessons in today's video are all very important- the two I will try and focus on more than any other = hire professionals (which ties into spending 50% of income in investing), and create three streams of passive income. If I had enjoyed three streams of passive income, we wouldn't have almost gone bankrupt. Thanks, Alux BTW, Alux is my morning routine. Get up at 5:30, make coffee and watch half an hour of ALUX motivational videos. Truly inspirational. Thank you. Keep up the excellent work.
Best of luck! Corona will eventually pass and business will get back to normal, but it taught you a very valuable lesson! Thank you for being an Aluxer!
I dont know what outdoor school is but any outdoor business could have turned into a paintball shooting range or something else . A lot of businesses made money changing strategies in2020
_that's true, a lot of people today have been having a ton of disappointments in FOREX and CRYPTO TRADING in light of helpless decisions awful specialists._
@Laura Cat*there are lots of good experts out there but most offer little ROI's. I will advise trading with Mr Nicholas Burke-Gaffney's team as I make over $35,000 on average per month from their trading bots.*
_FOREX TRADING has left me no choice but to keep investing cause it's makes me profits that even myself gets shocked, I keep earning not less than $37,000 weekly_
@@carlosdelacruz7298 _please I need someone to put me through on how this BITCOIN stuff really work, I'm interested and willing to invest heavily in it._
My marketing company is now officially underway. My goal is to build brands from my home business. Make income streams one brand at a time. Here we go.
This is cool and all, but even STEM isn't valuable anymore in the marketplace. Take a look at job openings for STEM vs degree holders - there's a huge discrepancy. Degrees in general are oversaturated and I'm surprised they didn't call that out, but I'm guessing their research is from a decade ago and they haven't bothered keeping up. Fact of the matter is, if you're a millenial you almost certainly had indoctrination from EVERY adult and hero in your life that going to college for ANYTHING is the only path towards success. While this advice was given with good intent, it lead an entire generation down a path of getting literally any degree because they were tricked since before they even had the ability to properly think for themselves and create strong analytical insights. Most of the adults parroting this advice had no clue about just how expensive college was becoming or just how useless degrees like Liberal Arts would be; because back in the early 2000's, these degrees weren't as abundant. Couple that with the fact that most of the people giving this advice are actually from a generation where this was true - just having a degree in literally anything was an advantage over your peers since degrees weren't nearly as easy to come by as they are nowadays. The result of their advice has lead to debt slavery, and now those same people who gave the advice to go to college for "anything" conveniently memory holed that and moved the goalpost to "well who told you to go to college for anything but STEM? STEM is all that earns money! Everything else is a waste!!!" They like pointing out that so many kids get suckered into these shitty degree programs but refuse to admit that children are a product of their upbringing. Take a second to think of WHY we had a huge influx of shitty degree holders - was it just happenstance or was it perhaps the fact that children were railroaded from high school directly into college by means of social conditioning? Because even if you had your doubts as a 17 year old, how could you reasonably assume that everyone around you with so much more life experience was leading you into a trap? You don't even have enough time to think about what you want to do in college, but you're almost certainly told "just go and figure out along the way, that's the point of the first 2 years covering such a broad umbrella of subjects!" And then what do you get? Kids who go in not knowing what the hell they even are there for, have no clue what skills interest them, and then just get out with whatever stuck. Now that they've pushed that narrative, STEM is oversaturated as well. Like this video pointed out, look at the scoreboard - the numbers don't lie. ~277,000 annual STEM jobs per year vs ~11,842,000 degree owners (including H1B1 in here because they're particularly prominent as competition in computer related fields). This video seems to have outdated information, but from what I see the goalpost has been moved once again from "get a STEM degree" to "learn a trade." These people will continue giving "advice" on how to make it, oversaturate the fields they push everyone towards, and then conveniently forget that they gave the advice in the first place and move on to the next "tip." Our issue isn't a lack of skillsets. It's people detached from the actual struggles of the middle class giving unhelpful advice and assuming anyone who can't climb out the top is just not doing the "right" things. While that's the case for a lot, there's no admission to the fact that the "right" thing increasingly becomes a poor decision by the time the people taking the advice go through with it. Statistically if you get a STEM degree, you're likely going to be saddled with debt and only being able to take up jobs outside of your field of study that you're overqualified for and pays too little to satisfy your loans adequately.
Dude, I’m glad you wrote all this. I’m 12 and I watch these types of videos 8 hours a day now so I can retire early and play video games later. With this giant post you made as a reply to someone’s comment. I’m sorry to say this but nobody’s gonna read it. I’m not gonna lie, I read all of it but no normal person is gonna take the time to read all of that. They are to busy being poor.
The part that sticks in my mind the most is increasing income instead of cutting costs. More specifically, using extra time to learn and monetize new skills that give you market value. Now it’s time to see what’s valuable in the market and get to learning. Thank you, Alux!
Every bitcoin investor right now is just smiling at the price of bitcoin as it held strong and indeed valuable enough to generating good ROI. More persons are gonna become millionaires and we have bitcoin thanks for that
Bitcoin investment just like every other form of speculative investment where you trade commodities to determine which gain or losses against another in other to make profit just like in forex trading
Offcourse, in bitcoin investment suitable risk management is aimed at reducing the loss rate thereby giving you the better chance to win your trade to ensure good ROI
I've been watching Alux since last year and today I'm 14 years old and I know more of these tips not only from Alux but it all started from Alux. I've read many self help and finance books so thank you alux I will surely always remember you. MUCH LOVE❤❤
For someone to become successful in life which is being rich like we all know is for us set a goal Target and pursuit it and never give up life itself is full of risk.
Even in the Bible it's written that my people perish of lack of knowledge so, acquired now because digital currencies is greatest investment one should get involved now.
With the current rise in the bitcoin price, you get to realize so many people are still waiting for the bottom before buying but in reality, there is no bottom until the asset is actually out of it.
MONEY I got reminded in a very clear manner the importance of passive income. "In order to be free, your passive needs to be at least double that of the lifestyle cost" awesome video.
I totally agree with you,Forex trading is the most profitable venture I ever invested in,I reached my goal of $500k yearly trade earnings, setting realistic goals is an essential part of trading
you don't need to be shock because I'm also a huge beneficiary of expert Mrs Blossom Jefferson,she helped me recover what I lost trying to trade for myself
The poor remain poor due to ignorance while the rich stay rich by making productive moves like investing but personally i recommend you do a background check up on your source before investing, Ensure You are investing through a solid foundation source to avoid blowing money away
I have lost a couple bucks trading with rigid traders on here,I’m still trading and learning to improve my technique but in the i need to find a more reliable source to earn
Through my years of trading and research the most valuable insight was getting in touch with pro trader wilson and getting my first profit through her,she is a licensed broker and she renders good trading counsel,contact her i trust she’ll help you earn
This is a refreshing coincidence,i invest and earn through Wilson too and i must say having a seasoned manager like her handling my trades is tue best way to secure and multiply money
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
@@a.dsmith257 You're right smith, but Bitcoin & Gold investment demands a lucrative and profitable broker, a lot of people are ready to invest in this markets but don't know how to go about some just invest out of ignorance and loss money
Alux is one of the biggest motivators in my life. No-bullshit-to-the-point content with incredible value. Thanks for everything. I really appreciate it.
Nobody becomes a millionaire or a billionaire by working for others and depending on them, good investment bring millions of dollars, and consistency brings billions, the market is all about BTC at the moment now....
Yeah.. Let's start an 'Alux Fund'... gather the best investment ideas... cumulatively increase our wealth... and divide it according to each one's contributions, etc. ... What do you think?...
My favorites that stuck out to me the most: Making money while you sleep A wall gets built brick by brick Keeping money is harder than making money $100 in passive income is worth more than $1000 of worked income
2 great Ideas: a)sock warmers- socks with heat inside that'll make your feet feel warm b)Tripod with a platform - When taking selfies or recording on the go a tripod that will be able to hold the item you're selling or just to hold your coffee
NOTE: I however Disagree on the 200K job: If you can work 5 years (in TX the tax is $52,552 on 200K) That's 1 Million $ Gross! Or 750k Net. But at 40k that's 150K in 5 years. Thus with almost a "million dollars" I can invest and live off my interest. Don't turn down a 200k job that easily). Make it work for you in the short run. Then later do the 40k thing.
@God Bless America Ummm I also work with some forex mentor from IAPD site I traded more in my forex account and got 3x weekly. All I’m saying is get yourself a forex mentor to minimize losses
@@cmoney4554 That’s really some sickkk mentor I totally get the fact that trading forex as a beginner would be profitable under the guidance of a reliable mentor
For me, since I've been parsimonious all my life, keeping money is super easier, the hard part has been making more money, but my yearly passive income has been increasing faster than my yearly earned income
@@stevekings9460 you need a good trader, someone that will make trades and profits for you and also teach you how to trade and follow the market strategies
Lesson number 7!!!! Money Money: What most of us are trained to work FOR all our lives having little to no knowledge of what it is. Not knowing money is BEST working for US.
My main weakness is buying clothes so I’m going to start a business producing fashion content. That way my clothes will be a business expense. You have to play to your strengths AND your weaknesses I guess! 😅 I’m starting on TikTok then buying a good camera for a UA-cam channel when my grandad’s house gets sold this fall. Gotta start somewhere!
Personally what I have found, if you purchase something on the “high end side” and you do not advertise it on social media, people will call you a snob! What They do not understand is, I do not need to advertise for approval... it carries a trust issue along with it, for instance, “so you think you are better than us” and don’t feel that we are worthy of sharing this info. They actually get put out, when they see you with this high end item, such as a sports car. I am older and wiser and would rather enjoy the fruits of my labor on the quiet side.
I cannot explain how much I LOVE Alux .. they have stepped up beyond where they started from selling people the dream of being rich to EMPOWERING people .. i cannot express how grateful to and amazing this channel has become.
I would ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- love to see an estimate of how much is the hour spent into setting up a yt channel valued. That is, if you were to stop creating content how much money would you get per month and what would the resale value of your channel be, considering that return EXTREMETOPPERS🟣COM was my REDEMPTION
Alux..... Ill be honest, ever since I started watching you guys, My Net Worth is Now $500,000 with $1.15 Miliion in Assets. 3 Years ago I only had $15k but watching your videos motivated me to invest and do better, Im heading for Billionaire Lane. Keep doing your craft Alux!!!!!!!!
@Raymond Spicer It saddens me that my fellow Americans don't have more. I don't like seeing people suffering but finance needs to be taught and in the correct way. This is why I love Alux, they start that small flame and try to peak your interest. Wealth is not given to you its earned. Im not a Millionaire yet, but Im striving to get there. No matter what.
What Yolande says is true. More important things than money. Health is most important of all. Then relationships. Being attractive definitely counts for something too. I'd have to say morals and making the world a better place is up there, as well. And then wealth after all of those.
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.
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
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.
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.
precisely why EVERYONE needs to start online biz like YESTERDAY!! 😍 I been working from home for 12 years never depending on jobs or government for assistance.👊✅
There are already financial analysts and trading experts(Phds) who have shelled out theories and ideas for years, but that doesn't mean you can't contribute
Great video, congrats! Although I did find this a bit offensive: "we deeply despise from the bottom of our hearts the people who try to cut back on the costs..."
Let this sinks in a little bit. don’t be the machine that makes money 💰 build the machine that makes money 💰 Hallelujah! I love people at Alux y’all got bars!!!
Yes it's about working smarter not harder as my grandfather used to say with his timeless wisdom. He'd be over 100+ years old today and these words still ring true.
I love this channel! Only correction, a LARGE percentage of the rich & wealthy actually does play the lottery (usually only when it reaches over $250mil), the difference from them, us and the less fortunate...they don't buy multiple or massive tickets. A couple of years ago, hedge fund executives won the mega millions lottery because they have a lottery pool... millionaires & billionaires alike play the lottery...they play it for fun, everyone else plays its for possible change.
If you want to learn how to start investing in the stockmarket, go to the UA-cam channel "Our Rich Journey". They will guide you in opening a brokerage account and understanding the stockmarket and how to buy shares.
There are numerous sources out there and there are many approaches, and many disagree. But it's like a Zen thing. You need to find your path, your passion and goals, assess level of risk. I recommend "the Plain Bagel" on UA-cam. I also recommend The Swedish Investor who does review of investing books [5 main takeaways]. Read a lot; you may not always agree, but it may give you some ideas. Look for UA-cam video reviews on "Rich Dad Poor Dad". I always find Warren Buffet a good source. PBS "Two Cents" is pretty good for people getting started. Remember for everything that is said; there is a Pro and a Con. Some people believe in Active and some believe in Passive. Some focus on Stocks [Industrial Sectors] and others Mutual Funds [Asset Classes]. Most believe in Diversification - but have different definitions. Then there's the question of Dividends [which I love] - there are several sources on UA-cam, but nothing great comes to mind. Then there's Behavior Psychology of Investing, I think there are 7 main ideas.
When you start buy only companies that you know or use in your daily life. If you have an Iphone buy apple, if you drink starbucks buy starbucks. I only invest in businesses that I know well.
1.Investing for Dummies . 2.Anthony Robbins (I am not a fan of his overhyped bullshit, but this book is great) Unshakeable , 3.Where are The Customers Yachts, and finally, 4.Warren Buffets Three Favorite books by Preston Pysh . Don't question, me just thank me in 5 years. I learned from all these books and am in great shape.
MONEY! I've learnt way more through Alux than in my high school. I'm a junior year high school student and rn i just wait for my online classes to get over so that i can watch Alux videos.
There is social value in being poor if the poor person's friends and family are poor. For some, that social value is more important than monetary value. If somebody is tired of living in a circle of poor people, it's not hard to escape. This video tells you how to escape the lifestyle of being poor.
As you can imagine, these take quite a lot of work to put together. You're basically getting 16 videos in one, but we're doing our best to continuously improve the quality of our content to be even more valuable to you, the Aluxers!
Hello Aluxers, did this video light up a switch inside your mind?
Article version: www.alux.com/poor-people-making-money/
Invest in yourself today: www.alux.com/mindmastery
Get a free audiobook: www.alux.com/freebook (thanks to Audible)
Money: Master the Game by Tony Robbins: amzn.to/31SopPs
Rich Dad Poor Dad by Robert Kiyosaki: amzn.to/38v6H67
The Millionaire FastLane by MJ. Demarco: amzn.to/3e14Yqi
Article version help Alot in making notes.
Yes 👍😍😍
@@ShubhamKumar-rb6ts Good to know, we're looking to make this a regular thing.
@@ShubhamKumar-rb6ts true
@@ShubhamKumar-rb6ts what is article version bro??
Once you discover you can make $1,000+ from dividends each month without having to go to work, your view towards life changes drastically
Once you discover passive income from any source (dividends, interest, staking, etc.) it all changes!
@@alexyoung3126 very true! I started investing in 2016 and that same year I pulled a profit of about[$300,000] with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisor, so you don't necessarily need to be a perfect investor, just have a professional assist you
@@joesphcu8975 How can one find a resourceful FA, I buy the idea of employing their services, its a shame market crashes as of late have become a sort of habit for stocks
@@stephaniestella213 My advisor is 'INGRID CECILIA RAAD'' 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.
So you are making $12k a year before taxes without working
"Instead of wasting hours trying to save $10, its far more rewarding to work on increasing your income". Brilliant.
Money⁉️
Yup. Just got done watching an extreme coupon video. How many millionaires got there saving with coupons! Haha.
Not really brilliant but okay
@@kevinjohnstone2911 OK
@Goose Gumps V3 Extremely saddened about your parents. You need to adapt to the new reality and be responsible now. Don't worry, you will do just fine.
“Poor people buy status, rich people build wealth” that was good
It is so true! And I really love to sleep at night 😀 without worrying about keeping up with the Joneses... there’s a certain amount of peace when You are seen as living on the comfortable side of middle class, without any stress, or expectation of trying to outdo someone in your social circle, I cannot stress enough how peaceful it is for the soul when your only responsibility is to grow what You have spent the majority of my youth building. And the only people that actually need to know your secret, are the people what can I help you build it properly.
I’ve seen plenty of BMW’s parked in dumpy apartment complexes.
It's all bullshit
That was a critically Important distinction!!
there's a book called whispers of manifestation on borlest , and it talks about how using some secret tehniques you can attract almost everything in life it's not some bullshit law of attraction, it's the real deal
"Never borrow money that doesnt make you money" words cant explain how powerful this message is.
Have great vision need capital
Yh,spoke directly to me
Oh , yes
I cannot wait to buy the Alux book😋
👍🏾
0:55 1 - You can pay little to no money in tax if you start a business
2:05 2 - Making money is about system solving, not working hard
3:51 3 - Make money while you sleep or you will never be rich
4:57 4 - It takes the same amount of effort to make $50.000 or $1 Million
6:11 5 - Ideas are worthless without extended execution
7:42 6 - Instead of cutting down costs, focus on increasing income
8:43 7 - $100 in passive income is worth more than $1000 of worked income
10:47 8 - Over 50% of your income should go towards investments
13:10 9 - $1 Million dollars per year isn't a lot of money
15:37 10 - A wall gets built brick by brick - same is wealth
19:09 11- Never borrow money that doesn't go towards making more money
21:23 12 - You earn in proportion to your ability to use the tools you have at your disposal
23:20 13 - Keeping money is harder than making money
24:48 14 - Business people hire good-professionals to make them rich
26:46 15 - You need at least 3 income streams to feel safe
28:58 * - Tracking shows you the way
You just saved me the effort of actually taking these down! Thanks.
Thank you! 🙏💕
Remember, poor people buy things they don't need, with money they don't have, just to impress people they don't like. Amen!
Bro no they save as much as possible if u didnt know
That almost made me cry!
This is probably the most true statement on this entire video.
Dave Ramsey!
I spend 5k on jewelry cus I always wanted to
“You might be poor, your shoes might be broken, but your mind is a palace.”
Modern language for"The kingdom of heaven is within you, not outside of you." When language isn't modernized its ignored.
Beautiful statement
@@sakimoontheefixer
Thank you Saki Moon. I was inspired.
Because peace of mind will pay your medical bills and take your kids to good schools.
This is true in EVERY way. Trust me. :)
A students thinks that
Study hard + work hard= success
B and C students understand that... Study hard + find the way to make someone else do the hard work for you = success
I am A student and I think like B and C
this is so sinister and evil and whats worse its whats normal in society...the devil is alive
It's a massive generalisation. They're are plenty of A students who are also financially wise. There are plenty of B/C who aren't financially wise.
It's just said to make B/C students feel better
Totally agree.
"The stash you have in your Nike shoebox is worth less and less"
I. AM. TRIGGERED 😭😭😭😭
The truth is, Money is worthless until you put it to work. Successful people look for business to invest and make more money.....
It easy to invest your money, but what kind of business can you invest on. To reduce the risk of losing money.
@Federico Martín invest on stocks, real estate
Making money is the plan and with Bitcoin Investment your plans can be fulfilled💯
@@anitaperez6838 You right. Trading with an expert in the field is the best, have been making a huge returns from my investment since I met Elias Greyson Cooper one of the best in crypto currency investment.
Wow good to hear people talk about Elias Greyson Cooper fx I just made my first withdrawal trading with him
the 30 minutes video is worth more than four years spent at a university, believe it or not .
I agree!😂
Yes o my guy.
I believe it
Did you attend college? Did you take economics 201?
@Paul Morphy True. Paul Morphy the unofficial world chess champion in 1858. :)
I lost my job due to the coronavirus so i decided to start this channel, wish me luck!
Good luck
All the best on your new journey 👏🏾 you got this 👍🏾
All the best 👍🏾
Sorry to break it to You, But Luck is Not a Factor in the Equation on progressing economically, its more about the Choices you make in your journey.
Looks like it didn’t amount to anything. Typical
Don’t be the machine that makes money , build the machine that makes money for you! 💰🔥
When Alux said "Rich people don't get rich by buying lottery tickets" I felt that 😌
But it's fun to buy a ticket every once in a while.
In my family growing up my parents often started sentences with, "When we win the lottery..."
That is not the reason people by lottery ticket.
As i won the lotto tonight
“Poor people buy status, rich people buy wealth.” That is my new motivational saying to get me focused when I stray off task. Money is a tool to buy freedom.
“Take any mediocre idea and simply execute better on it. That is how you win”. That was the one for me.
A bad idea can become a good idea. A good idea has the potential to become a great idea!
This is what my parents did but do note that "simply execute it better" can be time intensive.
For us it was about giving more service to costumers after a sale.
These costumers do the sales for us basically after a while.
But this does still require the service that is expected.
The other side, the ones not giving service at all or ghosting their costumer still exists. They also have a lot less head aches and less work for every dollar earned.
WOW MY SCORE IS NOW AT 820! THANK YOU RAUL
TO REACH RAUL VISIT
HACKBYWORLD⓪COM
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I DON'T KNOW RICK!
Old anecdote "The poor work for money, the rich make money work for them."
As an African American Deca-Millionaire Mechanical Engineer, these are the 5 books that helped me build Generational wealth for my family:
1) The Total Money Makeover - Dave Ramsey
2) The Millionaire next Door
3) Money Master the Game- Tony Robbins
4) The Richest Man in Babylon
5) Rental Property Investing - Brandon Turner
Good luck my friends and God Bless
Did u made money from job or from business?
I read 1,2, and 4 book, but not 3 and 5. I started late in investing and I started small I use apps Acorns, Robinhood, Stash, and now Webull. I'm check out 3 and 5. I'm Jamacian and African American, I learn about investing in my 40's. I invest in ETFs, ETN, individual stocks, bonds, and REITs. I found out that you don't have to have alot of money to invest. Apps like Acorns and Stash only need $5, M1 Finance $100, Cash App, Webull, and Robinhood it dont matter the amount, you can put a $1.00 in it, don't have A lot of money to invest real estate but don't want the headache of being a landlord, Fundrise a Real Estate investment trust and only need $500. I also trade stocks, penny stocks, option trading, and crypto but I'm a small trader but gotta start somewhere. I save $1000 and invested $100 and traded $100 when I got my stimulus money. Good books to read is Who Moved My Cheese by Spenser Johnson, Think And Grow Rich A Black Choice and The Wealth Choice by Dr. Dennis Kimbro, and Trading For A Living by Alexander Elder. It's no excuse not start investing and trading, too many social media platforms on how to make money.
Agree. Knowledge is power. I've read most of your list.
@@LisaCulton The more you learn, the more you earn. Knowledge is power when it's used.
@@DreadMike73 Absolutely - and once I learned that the rich get richer and Nothing will ever Change that, I decided to get rich and the instructions for doing so were in the books. It works. Amen.
Money... Wish I knew this when I was in my 20s... I'm 34 now and I'm just starting my investments
Never too late friend. Think of it like this you got all the bad out of your system, and can now focus and do better now than you could have when you were younger. Stay blessed and keep going!
Better late than never!
I got serious around your age starting and maxing out a Roth IRA (Fidelity total market index fund) every year. I'm 57 now. In 20 years That Roth IRA some real estate and some stocks have done wonders for my life. Start ASAP😊👍
good luck dear debbie
Im 34 as well, I sort of knew this at my 20s but I spent all my money and savings traveling, I do not regret, but if I would have the chance to make some changes I wouldnt spend all that money traveling, it is incredible how your goals change in your 30s
WHO SHOULD I THANK IF NOT FOR RAUL THAT FIXED MY CREDIT, I WAS SO SAD AND UNHAPPY HAVING 430 FEW WEEKS BUT I'M PROUD TO HAVE 810 TODAY THANKS
V!S!T HACKBYWORLD⓪COM TO REACH RAUL
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MONEY: Passive income is more powerful than active!
"Money"
Never increase your expenses just because your earning increased.
Heard
👍🏾
Keep a budget. Just because you make more money doesn't mean you need to buy a fancier car.
A famous sports player still uses the first Toyota he bought in college.
ALWAYS, ALWAYS INCREASE YOUR EXPENSES, you need them to keep more of your money. You need EXPENSES to be a wealthy business. Writing off EXPENSES gives you the lifestyle of your choice.
At times we really do have to put our feelings aside. False pride is deadly
what do u mean ?
Success is a process, if you fail choose to win by investing in yourself and working hard to be successful.life is not a bed of roses.
Investing in in crypt0 is very cool, especially with the current rise in the market.
@@annabellesally4251 I really don't know why people still remain poor out of ignorance.
@@ramseynoah7884 It is not all about ignorance, there are lots of unprofessional brokers in the market.
@@babynathan1163 I will introduce you to my trader Mark J. Ramsey, his methods works like magic and is working for me at the moment.
@@fredwilly8115 wow am so surprised knowing that a lot of people knows about him, he helped me recover all that I lost to these online scammers.
1 no tax if u have business
2 make money by solving problem
3 make money while u sleep, or u wont be rich
4 it takes same effort to make 50k or 1 million
5 ideas are nothing with execution for extended time
6 Focus on increasing income
7 $100 in passive income is more than $1000 of worked income
8 50% of income shall be invested
9 $1million is nothing due to inflation
10 wall gets built brick by brick
11 never borrow money that doesn't do into making more money
12 u earn in proportion to your ability to use the tools u have with yourself
13 keeping money is harder than making money
14 business people hire good professional to make them rich
15 u shall have 3 streams of income to feel safe
16 tracking shows u the way,,,
“Money” it takes the same amount of energy to make $50k as it does to make $1 million. Selling mobile phones uses the same skill set as selling houses!
😂😂😂
This is crap, it doesn't take into account the knowledge required to sell an item or the turn over in the market place for that item.
@@Serkix Exactly! It also doesn’t take into account the cost to acquire the things you sell.
I lost a lot of money last term. I own an outdoor school and it was hit by Corona- for 6 months we had no money coming in. The lessons in today's video are all very important- the two I will try and focus on more than any other = hire professionals (which ties into spending 50% of income in investing), and create three streams of passive income. If I had enjoyed three streams of passive income, we wouldn't have almost gone bankrupt.
Thanks, Alux
BTW, Alux is my morning routine. Get up at 5:30, make coffee and watch half an hour of ALUX motivational videos. Truly inspirational. Thank you. Keep up the excellent work.
Best of luck! Corona will eventually pass and business will get back to normal, but it taught you a very valuable lesson! Thank you for being an Aluxer!
I dont know what outdoor school is but any outdoor business could have turned into a paintball shooting range or something else .
A lot of businesses made money changing strategies in2020
*Making money is the plan and with Bitcoin Investment your plans can be fulfilled*
_Investing in bitcoin would be the wisest thing to do especially with It's current price._
_that's true, a lot of people today have been having a ton of disappointments in FOREX and CRYPTO TRADING in light of helpless decisions awful specialists._
@Laura Cat*there are lots of good experts out there but most offer little ROI's. I will advise trading with Mr Nicholas Burke-Gaffney's team as I make over $35,000 on average per month from their trading bots.*
_FOREX TRADING has left me no choice but to keep investing cause it's makes me profits that even myself gets shocked, I keep earning not less than $37,000 weekly_
@@carlosdelacruz7298 _please I need someone to put me through on how this BITCOIN stuff really work, I'm interested and willing to invest heavily in it._
My marketing company is now officially underway. My goal is to build brands from my home business. Make income streams one brand at a time. Here we go.
Good luck Gerald.
Great Job bro.
Congrats!
Congratulations, best of luck to you 👏🏽👏🏽👍🏽
I wish you add the book of "The Richest Man in Babylon" its a good book also about money and wealth building
By far one of the most valuable books in our library! we definitely should've included it as well!
I was waiting for them to mention it. :D
Alux: "8 hours a day spent at work.."
Me: "cries"😪
Plus 3 hours commuting. 😩
@@Elle_M717 ouch!
I JUST GOT INTO BITCOIN TRADING AND I MADE MY FIRST PROFIT WISH I KNEW ABOUT THIS EARLIER
Crypto is the future
Been investing in the crypto world for 2 years now I can say it's really profitable
@@shawnwalter1306 yh no doubt the crypto market has earned me alot. You just gotta understand the market.
Crypto is the new Gold
Yh investing in crypto is a big chance of making money nowadays
“Your major in Philosophy or Gender studies has no market value” finally Alux just said it
Too bad it isn't actually true.
@@joshporter5205 The only thing you can do with a gender studies degree is wipe your ass. Breathing major is literally more useful
cheap joke. same could be said with any degree
This is cool and all, but even STEM isn't valuable anymore in the marketplace. Take a look at job openings for STEM vs degree holders - there's a huge discrepancy. Degrees in general are oversaturated and I'm surprised they didn't call that out, but I'm guessing their research is from a decade ago and they haven't bothered keeping up. Fact of the matter is, if you're a millenial you almost certainly had indoctrination from EVERY adult and hero in your life that going to college for ANYTHING is the only path towards success. While this advice was given with good intent, it lead an entire generation down a path of getting literally any degree because they were tricked since before they even had the ability to properly think for themselves and create strong analytical insights.
Most of the adults parroting this advice had no clue about just how expensive college was becoming or just how useless degrees like Liberal Arts would be; because back in the early 2000's, these degrees weren't as abundant. Couple that with the fact that most of the people giving this advice are actually from a generation where this was true - just having a degree in literally anything was an advantage over your peers since degrees weren't nearly as easy to come by as they are nowadays. The result of their advice has lead to debt slavery, and now those same people who gave the advice to go to college for "anything" conveniently memory holed that and moved the goalpost to "well who told you to go to college for anything but STEM? STEM is all that earns money! Everything else is a waste!!!" They like pointing out that so many kids get suckered into these shitty degree programs but refuse to admit that children are a product of their upbringing. Take a second to think of WHY we had a huge influx of shitty degree holders - was it just happenstance or was it perhaps the fact that children were railroaded from high school directly into college by means of social conditioning? Because even if you had your doubts as a 17 year old, how could you reasonably assume that everyone around you with so much more life experience was leading you into a trap? You don't even have enough time to think about what you want to do in college, but you're almost certainly told "just go and figure out along the way, that's the point of the first 2 years covering such a broad umbrella of subjects!" And then what do you get? Kids who go in not knowing what the hell they even are there for, have no clue what skills interest them, and then just get out with whatever stuck.
Now that they've pushed that narrative, STEM is oversaturated as well. Like this video pointed out, look at the scoreboard - the numbers don't lie. ~277,000 annual STEM jobs per year vs ~11,842,000 degree owners (including H1B1 in here because they're particularly prominent as competition in computer related fields). This video seems to have outdated information, but from what I see the goalpost has been moved once again from "get a STEM degree" to "learn a trade." These people will continue giving "advice" on how to make it, oversaturate the fields they push everyone towards, and then conveniently forget that they gave the advice in the first place and move on to the next "tip."
Our issue isn't a lack of skillsets. It's people detached from the actual struggles of the middle class giving unhelpful advice and assuming anyone who can't climb out the top is just not doing the "right" things. While that's the case for a lot, there's no admission to the fact that the "right" thing increasingly becomes a poor decision by the time the people taking the advice go through with it. Statistically if you get a STEM degree, you're likely going to be saddled with debt and only being able to take up jobs outside of your field of study that you're overqualified for and pays too little to satisfy your loans adequately.
Dude, I’m glad you wrote all this. I’m 12 and I watch these types of videos 8 hours a day now so I can retire early and play video games later. With this giant post you made as a reply to someone’s comment. I’m sorry to say this but nobody’s gonna read it. I’m not gonna lie, I read all of it but no normal person is gonna take the time to read all of that. They are to busy being poor.
Who else knew Rich Dad Poor Dad would be mentioned here?!
Me :)
That’s basically the whole video lol
The part that sticks in my mind the most is increasing income instead of cutting costs. More specifically, using extra time to learn and monetize new skills that give you market value. Now it’s time to see what’s valuable in the market and get to learning. Thank you, Alux!
Every bitcoin investor right now is just smiling at the price of bitcoin as it held strong and indeed valuable enough to generating good ROI. More persons are gonna become millionaires and we have bitcoin thanks for that
I agree on your opinion man generally I always look out for it to dump so I can purchase some more truly it has come to stay
What's really the idea behind this bitcoin investment anyway, cause all I do is to buy when it falls and sell when it goes high
Bitcoin investment just like every other form of speculative investment where you trade commodities to determine which gain or losses against another in other to make profit just like in forex trading
Relating bitcoin investment to forex trading definitely means there are risk involved and just how do you appropriate risk measures
Offcourse, in bitcoin investment suitable risk management is aimed at reducing the loss rate thereby giving you the better chance to win your trade to ensure good ROI
Money - the idea wich ispires me the most: "For the next 5 years, add another stream of income that's not dependant on me". Let's do it!
Nearly all of this clicked with me. Thank you Alux. MONEY.
We're glad to hear that Ranil, it means we're doing our job right!
I've been watching Alux since last year and today I'm 14 years old and I know more of these tips not only from Alux but it all started from Alux. I've read many self help and finance books so thank you alux I will surely always remember you. MUCH LOVE❤❤
Well done!
In so impressed your 14 and even care about watching videos like this! Good for you! You will go far in life! God bless!
Proud of you. Keep going.
I am 14 swell I have been watching Alux for 3 years. such great content
@@MindMagick222 Also 14 Years
Sadly, everyone will listen. Some of them will try. Most will give up, and few will fail, not give up and succeed.
I have my 5 year plan, I am investing in Crypto and already earning passive income from it.
✨Making Money Is Super Easy,When You Know Your Why✨ This 30 Min Of Video Teach Me More Then In 10 Years In Education 😎
Same. And yet we pay shit tonnes of money for college.
That's why we created this channel.. they don't teach this in school.
@@alux Proud To Be The Part Of Your Community.
You should start ALUX UNIVERSITY “an online community of students”
For someone to become successful in life which is being rich like we all know is for us set a goal Target and pursuit it and never give up life itself is full of risk.
Even in the Bible it's written that my people perish of lack of knowledge so, acquired now because digital currencies is greatest investment one should get involved now.
With the current rise in the bitcoin price, you get to realize so many people are still waiting for the bottom before buying but in reality, there is no bottom until the asset is actually out of it.
Another issue is the bull trap which may cause traders or investors to act on the buy signal and generate loses on resulting long positions
@@harrysmith5129 its very likely we are currently in a bull trap and may have a reversal which would break the prior support of $3,500.
The importance of this is, you will learn a great deal while making good profit simultaneously.
MONEY
I got reminded in a very clear manner the importance of passive income. "In order to be free, your passive needs to be at least double that of the lifestyle cost" awesome video.
"Money" $100 in passive income is worth more than $1000 dollars of worked income.
This is real financial education. Students should be learning this in school, that alone would cut poverty down significantly.
Yes by just breaking down the numbers and a few simple concepts, it clicked for me now I feel like I know where to start and what I need to do.
but how is that going to benefit the ruling class if the poor were taught financial literacy 🤔
Am so grateful I met expert Mrs Blossom Jefferson
I totally agree with you,Forex trading is the most profitable venture I ever invested in,I reached my goal of $500k yearly trade earnings, setting realistic goals is an essential part of trading
Talking about being successful! I know am blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Blossom Jefferson
As a single mom I now make $15,000 monthly all thanks to expert Mrs Blossom Jefferson
you don't need to be shock because I'm also a huge beneficiary of expert Mrs Blossom Jefferson,she helped me recover what I lost trying to trade for myself
I made my first withdrawal today trading with expert Mrs Blossom Jefferson,indeed she's an expert
This woman's voice just does it for me. Her voice gosh ...
Her voice is sexy!
more working less goshing
@@lollipopknox 😂😂😂
You need at least 3
Income streams to feel safe. That’s Right on the Money!
" Money "
The Harvard Example really opened my eyes to a painful truth 🤔.
Srsly, I have never felt so rich after building a modest passive income. I know I have less money to blow than a lawyer, but it is a royal experience.
The poor remain poor due to ignorance while the rich stay rich by making productive moves like investing but personally i recommend you do a background check up on your source before investing, Ensure You are investing through a solid foundation source to avoid blowing money away
I have lost a couple bucks trading with rigid traders on here,I’m still trading and learning to improve my technique but in the i need to find a more reliable source to earn
Through my years of trading and research the most valuable insight was getting in touch with pro trader wilson and getting my first profit through her,she is a licensed broker and she renders good trading counsel,contact her i trust she’ll help you earn
Ellenwilson020 @ g m a i l . c om
This is a refreshing coincidence,i invest and earn through Wilson too and i must say having a seasoned manager like her handling my trades is tue best way to secure and multiply money
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
It requires money to make money. the best secret I have ever discovered is that we don't make money, we EARN and MULTIPLY money
Bitcoin and Gold should be at every wise individuals list. In 2years you'll be ecstatic with the decision you made today
@@a.dsmith257 You're right smith, but Bitcoin & Gold investment demands a lucrative and profitable broker, a lot of people are ready to invest in this markets but don't know how to go about some just invest out of ignorance and loss money
Hello please can you recommend any broker i can work with
@@Successbiz please help. i have lost so much in the stock market already and am scared of loosing it all
Alux is one of the biggest motivators in my life. No-bullshit-to-the-point content with incredible value. Thanks for everything. I really appreciate it.
Thank you for being an Aluxer Adarsh
@@alux Thank you for building this incredible community.
Alux.com I’m a stock trader. True it’s take me the same time and effort to make 1,000 or 100.
Nobody becomes a millionaire or a billionaire by working for others and depending on them, good investment bring millions of dollars, and consistency brings billions, the market is all about BTC at the moment now....
I'm interested in this stock market but I don't know how to come about it. Any advice??
I've got over €100k to invest in cause a lot of my friends are benefiting greatly from stock market and I want to convert my account to millions
I've heard a lot about stock market and how profitable it is. Please I'm really interested and I need help
I'm shocked someone just mentioned and recommended expert Greg T. Martin FX, all thought he's a nice man
who's this professional everyone is talking about I always see good recommendation about him on top comments on every UA-cam video l watched
Money. We will all be billionaires if we watch Alux 🙏🏾
🙃🙃🙃 excutive
Yeah.. Let's start an 'Alux Fund'... gather the best investment ideas... cumulatively increase our wealth... and divide it according to each one's contributions, etc. ... What do you think?...
😂😂😂
@@knowledgeapplied That is socialism! Think about it. Not a good idea...
don't watch.... apply!!
#5 reminded me of the old saying "You're not a genius until you prove it."
My favorites that stuck out to me the most:
Making money while you sleep
A wall gets built brick by brick
Keeping money is harder than making money
$100 in passive income is worth more than $1000 of worked income
2 great Ideas:
a)sock warmers- socks with heat inside that'll make your feet feel warm
b)Tripod with a platform - When taking selfies or recording on the go a tripod that will be able to hold the item you're selling or just to hold your coffee
NOTE: I however Disagree on the 200K job: If you can work 5 years (in TX the tax is $52,552 on 200K) That's 1 Million $ Gross! Or 750k Net. But at 40k that's 150K in 5 years. Thus with almost a "million dollars" I can invest and live off my interest. Don't turn down a 200k job that easily). Make it work for you in the short run. Then later do the 40k thing.
I agree with you. I thought Alux's $200k vs $50k argument was bullshit.
Meh - consider inflation, REAL inflation, is generally higher than the interest rate you get. This means you are losing money on your investment.
The poor will say that these points are cheating the system.
No, no they wouldnt
The poor don't watch this kind of videos on a Sunday!
@@alux Hey! I resemble this comment! 😁
Mario Duarte just take a look at reddit, it’s literally eat the rich type of mindset over there.
"MONEY"
To earn it use every single second and make a strong passive source of income. And get atleast 3 source of income. Lastly keep tracke things.
More than 2 years following you and you still blow my mind with your advice. ALUX is definitely one of my most valued mentors!
Alux needs to be studied...the way I spent 30mins stretch watching this video without even realizing it.
That's what happens when you're getting real value.
Forex is really good money but trading hasn’t always been easy and getting a forex mentor is difficult also..
Same here I’m frustrated , spends half of my day on UA-cam looking for trading tutorials , signals and spreadsheets sort of
@God Bless America How good is he ? Trustworthy and also reliable forex mentors are hard to come by!!! What’s the name of your forex mentor?
@God Bless America Wow I google it on the IAPD site and he is truly a licensed trader
@God Bless America Ummm I also work with some forex mentor from IAPD site I traded more in my forex account and got 3x weekly. All I’m saying is get yourself a forex mentor to minimize losses
@@cmoney4554 That’s really some sickkk mentor I totally get the fact that trading forex as a beginner would be profitable under the guidance of a reliable mentor
For me, since I've been parsimonious all my life, keeping money is super easier, the hard part has been making more money, but my yearly passive income has been increasing faster than my yearly earned income
Sending u some energy
Keep keeping on 🙌
more energy!
People are ignorant of profitability in bitcoin investment and that has been their major issue limiting their investment
You don't make money on forex or crypto by holding your coins rather you trade to make gain
Self trading is too risky if you don't have the knowledge and strategies on how to trade and read margins
Just do the right thing, by trading with an expert, I trust me you will be a millionaire and debt free
I have heard alot about crypto currency I would love to know more about it and how to invest.
@@stevekings9460 you need a good trader, someone that will make trades and profits for you and also teach you how to trade and follow the market strategies
Lesson number 7!!!! Money
Money: What most of us are trained to work FOR all our lives having little to no knowledge of what it is. Not knowing money is BEST working for US.
"Money"
Work smart not harder
Having multiple streams of passive income & Invest 60% is my ticket to financial freedom.
My main weakness is buying clothes so I’m going to start a business producing fashion content. That way my clothes will be a business expense. You have to play to your strengths AND your weaknesses I guess! 😅 I’m starting on TikTok then buying a good camera for a UA-cam channel when my grandad’s house gets sold this fall. Gotta start somewhere!
May you sell clothings and buy the family house ?
Good idea 😁
KaylaNoelle1 Tiktok is not safe. Delete that app
Reachout lets discuss your video production
No app is “safe” lol but they all can be used to make an income if utilized right
Personally what I have found, if you purchase something on the “high end side” and you do not advertise it on social media, people will call you a snob! What They do not understand is, I do not need to advertise for approval... it carries a trust issue along with it, for instance, “so you think you are better than us” and don’t feel that we are worthy of sharing this info. They actually get put out, when they see you with this high end item, such as a sports car. I am older and wiser and would rather enjoy the fruits of my labor on the quiet side.
I cannot explain how much I LOVE Alux .. they have stepped up beyond where they started from selling people the dream of being rich to EMPOWERING people .. i cannot express how grateful to and amazing this channel has become.
You know I have the best mentor in the world.who?
Alux....
Most people don't get to have a mentor.. so we built ALUX to serve that purpose!
@@alux Hi will you make a video on corporate finance
Oh hell yes
“MONEY”
I don’t know when we’re going to meet but someday down the line we sure will
You need to plan to meet. Start today.😉
Shinobi Squad Assemble
We look forward to that day Hrithik
Alux.com that’s more like it...!!!!
I would ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- love to see an estimate of how much is the hour spent into setting up a yt channel valued. That is, if you were to stop creating content how much money would you get per month and what would the resale value of your channel be, considering that return EXTREMETOPPERS🟣COM was my REDEMPTION
🤣 I love when this lady talks wreckless!
When she said “put your feelings aside and start acting like a big girl or boy...” 🙌🏾😂💀
"Your degree in genderstudies has no market value" hahahaha
Alux..... Ill be honest, ever since I started watching you guys, My Net Worth is Now $500,000 with $1.15 Miliion in Assets. 3 Years ago I only had $15k but watching your videos motivated me to invest and do better, Im heading for Billionaire Lane. Keep doing your craft Alux!!!!!!!!
Send us an email: contact@alux.com
If what you're saying is true, maybe we'll feature you on ALUX as a case study!
@Raymond Spicer It saddens me that my fellow Americans don't have more. I don't like seeing people suffering but finance needs to be taught and in the correct way. This is why I love Alux, they start that small flame and try to peak your interest. Wealth is not given to you its earned. Im not a Millionaire yet, but Im striving to get there. No matter what.
I just realised how poor I am, thanks for the useful information Alux.
What Yolande says is true. More important things than money. Health is most important of all. Then relationships. Being attractive definitely counts for something too. I'd have to say morals and making the world a better place is up there, as well. And then wealth after all of those.
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.
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
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.
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.
Credits to 'Whitney Kay Stacy' she has a web presence, so you can simply
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
precisely why EVERYONE needs to start online biz like YESTERDAY!! 😍
I been working from home for 12 years never depending on jobs or government for assistance.👊✅
Thanks for sharing. What is your online business?
starting out an investment is really easy and anyone can indulge. I believe in the laws of compound interest and leveraging.
I still believe this is the best time to buy in and trade. Bitcoin has shown great rebound ability in the past and this time won't be any different.
There are already financial analysts and trading experts(Phds) who have shelled out theories and ideas for years, but that doesn't mean you can't contribute
JakeBotrades is just a life changer. It's a great decision for me that I'm working with him. His winnings speaks for him.
Hahaha This video really helped me a lot and I can't wait to put it to good use. And JakeBotrades too has helped out a lot of people in trading
starting out an investment is really easy and anyone can indulge. I believe in the laws of compound interest and leveraging.
Can't wait to buy ALUX's 1st book!😍
I just hope i have enough MONEY by the time they publish it😅😂
We'll be sure to make it affordable.
"If your life is not better this month than it was the previous month, you are going the wrong way". That one is worth becoming a mantra.
Great video, congrats! Although I did find this a bit offensive: "we deeply despise from the bottom of our hearts the people who try to cut back on the costs..."
Let this sinks in a little bit. don’t be the machine that makes money 💰 build the machine that makes money 💰 Hallelujah! I love people at Alux y’all got bars!!!
We should drop an album!
Yes it's about working smarter not harder as my grandfather used to say with his timeless wisdom. He'd be over 100+ years old today and these words still ring true.
Alux.com Hahahaha most definitely, I love you guys!!!
“There is never a limit to how much you can earn” well said #Alux
I love this channel!
Only correction, a LARGE percentage of the rich & wealthy actually does play the lottery (usually only when it reaches over $250mil), the difference from them, us and the less fortunate...they don't buy multiple or massive tickets.
A couple of years ago, hedge fund executives won the mega millions lottery because they have a lottery pool... millionaires & billionaires alike play the lottery...they play it for fun, everyone else plays its for possible change.
The elitism of this channel is laughable & normally puts me off, but THIS video is valuable.
Right? She always saying the word "poor" with emphasis! 😂😂
No shes only being honest. It might offend people but its the truth.
The advice are ridiculous. Can a poor person invest 50% of his income? No.
@@gavasiarobinssson5108 That's why poor people need to invest more and stop trying to impress poor people.
@@danicegewiss862 Poor people would do better to invest in themselves. Learn skills both for domestic use and to get better employment.
"It takes the same amount of effort to make 50,000 or 1Million dollars"
Could you do a video on starting to invest for some one has never I want to invest in stocks but have no clue where to start.
If you want to learn how to start investing in the stockmarket, go to the UA-cam channel "Our Rich Journey". They will guide you in opening a brokerage account and understanding the stockmarket and how to buy shares.
There are numerous sources out there and there are many approaches, and many disagree. But it's like a Zen thing. You need to find your path, your passion and goals, assess level of risk. I recommend "the Plain Bagel" on UA-cam. I also recommend The Swedish Investor who does review of investing books [5 main takeaways]. Read a lot; you may not always agree, but it may give you some ideas. Look for UA-cam video reviews on "Rich Dad Poor Dad". I always find Warren Buffet a good source. PBS "Two Cents" is pretty good for people getting started. Remember for everything that is said; there is a Pro and a Con. Some people believe in Active and some believe in Passive. Some focus on Stocks [Industrial Sectors] and others Mutual Funds [Asset Classes]. Most believe in Diversification - but have different definitions. Then there's the question of Dividends [which I love] - there are several sources on UA-cam, but nothing great comes to mind. Then there's Behavior Psychology of Investing, I think there are 7 main ideas.
We're considering doing a Course on this specifically.
When you start buy only companies that you know or use in your daily life. If you have an Iphone buy apple, if you drink starbucks buy starbucks. I only invest in businesses that I know well.
1.Investing for Dummies .
2.Anthony Robbins (I am not a fan of his overhyped bullshit, but this book is great) Unshakeable ,
3.Where are The Customers Yachts,
and finally,
4.Warren Buffets Three Favorite books by Preston Pysh .
Don't question, me just thank me in 5 years. I learned from all these books and am in great shape.
Don’t work for money. Make money work for you. Thanks for the video, Alux.
Money makes you happy. Period.
A more apt saying.
Money gives you satisfaction. Happiness is up to you.
@@dragonskunkstudio7582 true!! Well said.
Money: multiple streams of income
MONEY! I've learnt way more through Alux than in my high school. I'm a junior year high school student and rn i just wait for my online classes to get over so that i can watch Alux videos.
There is social value in being poor if the poor person's friends and family are poor. For some, that social value is more important than monetary value. If somebody is tired of living in a circle of poor people, it's not hard to escape. This video tells you how to escape the lifestyle of being poor.
I just got into bitcoin trading and I made my first profit, wish I knew about this earlier
EXACTLY..the world is now aware of bitcoin
Investing in bitcoin now should be at the top of every wise individuals list
@@markpaul1336 You are right the market is profiting if you are really a good broker or trade with a trusted and reliable broker
Bitcoin is the future it's really a big chance to make money
@@alberthenry7437 Did you trade alone? Actually I have lost so much trying to trade on my own,looking for a proffesional to start my trade with
Great video Alux. That's why I love you. Please more videos like this and millionaire math. Thank you and have a great day!
As you can imagine, these take quite a lot of work to put together. You're basically getting 16 videos in one, but we're doing our best to continuously improve the quality of our content to be even more valuable to you, the Aluxers!
@@alux Yeah, thank you so much and I really appreciate your work. Good luck to all Alux team!