Hello Aluxers! How far up the levels of wealth (car edition) did you get? The #1 App Rich People Use To Optimize Their Lives! Start a 7-day free trial today: www.alux.com/app Have a look at our premium courses: courses.alux.com
*Excellent !!! I really do have a Question. As a newbie interested in trading with less than $10,000 or Above, how would you recommend we enter into trading ? I am looking at studying some traders by trading with them and copying their strategy rather than trading myself. I will greatly appreciate any suggestions*
I would suggest to reach out to Mavis. What impresses me most about Mavis is how well she accumulate profit for client's and explains basic concept of winning before actually trading for you. And letting you use her trade signals. And she will also teach you how to trade as she trade for you, and let you know when to enter and exit trade for maximum profit as she trade for you. This goes a long way to ensure winning trades.
Coz you’re middle class.. you’re suppressed in between in hopes to be able to talk.. because you don’t want to have to scream and dream of being able to just whisper and get your way. But you’re still trying to get to the level of talking and trying not to scream. Hope the analogy makes sense..
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
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 that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
Can we have the following in the series 1. Car Edition 2. Travel Edition 3. Private Jet edition 4. House Edition 5. Yacht Edition 6. Money Edition 7. Clothes Edition
Majority of rich people I know including my siblings (decamillionaires and above) drive ordinary cars like Lexus, Mazda, Toyota, Subaru, Ford.. Some rich people do drive luxury cars like Porsche and Mercedes but they don’t drive those cars to impress anyone.
I noticed that too. They might also have a classic that they bring out once in a while but daily driver is a used ( 5 years or so) model. Alot put the miles on the company vehicle.
I live in an affluent area. There is maybe ten Benz’s, a Tesla Truck, three Porsches, one Ferrari, three Range Rovers. The majority of cars are Toyotas and Lexus with a sprinkling of Mazdas and Kia’s.
Well all I can say is my aunt n uncle are worth $19M USD their luxury vehicles consists of a bus, 4 Mercedes, 1 viper, 2 Harley’s, their daily driver is a XT4 so to each his own but ain’t no way I’m working my azz off to buy some basic bs. And any rich person knows your cars can be used as tax write offs. So do I believe your family is as wealthy as they claim to be naw not 1 bit.
1)Level 0 - No Car. 2)Level 1 - Cheap Old Car (10K or Less). 3)Level 2 - Leather Interior Old Second Hand Car (10K - 20K) 4)Level 3 - Under Five Year Old Car + A Second Car For The Spouse. (25K - 40K) 5)Level. 4 - Luxury Second Hand Car or Brand New Mid Range Car.(40K - 70K) 6)Level 5 - Brand New Luxury Car (100 - 150K) 7)Level 6 - Brand New Luxury His & Her Car (Over 200K) 8)Level 7 - G Wagon,Maybach,Bentley Or The Cheapest Ferrari(175 - 300K) 9)Level 8 - Rolls Royce Or Super Car - (400k - 1.2M) 10)Level 9 - Supercar Collection (5M+ In Cars) 11)Level 10 - One On A Kind Be Spoke(Whatever You Are Willing To Pay)
level 6 = 2 new luxury vehicles worth $200K+. anyhow here’s a better list: It looks like I wasn't able to access the specific information from Edmunds, Consumer Reports, and similar sources. However, I can still refine the levels based on commonly recognized categories and top models within the automotive industry: ### **Level 1: No Car** - **Description**: No personal vehicle. ### **Level 2: Basic Used Car** - **Brands**: Honda, Toyota, Ford, Hyundai, Mazda, Nissan, Chevrolet, Kia, Subaru, Volkswagen. - **Price Range**: Below $20,000. - **Description**: Reliable, budget-friendly used cars from well-known brands, focusing on durability and low maintenance costs. ### **Level 3: Entry-Level New Car** - **Brands**: Honda, Toyota, Hyundai, Kia, Mazda, Nissan, Chevrolet, Volkswagen, Subaru, Ford. - **Price Range**: $20,000 - $40,000. - **Description**: Affordable new cars with modern features, good reliability, and value. These include compact sedans, hatchbacks, and small SUVs. ### **Level 4: Used or New Luxury Car** - **Brands**: BMW, Mercedes-Benz, Audi, Lexus, Volvo, Acura, Infiniti, Genesis, Cadillac. - **Price Range**: $40,000 - $60,000. - **Description**: Luxury sedans and SUVs offering premium features, comfort, and brand prestige. A mix of newer used models and entry-level new luxury vehicles. ### **Level 5: New Luxury or Sports Car** - **Brands**: Mercedes-Benz, BMW, Audi, Lexus, Porsche, Tesla, Cadillac, Jaguar. - **Price Range**: $60,000 - $100,000. - **Description**: New luxury sedans, SUVs, and sports cars that blend performance, advanced technology, and high comfort. ### **Level 6: High-End Luxury and Performance Cars** - **Brands**: BMW (6 Series, M3/M4), Audi (RS models), Mercedes-Benz (S-Class, E-Class AMG), Porsche (Cayenne, Taycan), Range Rover, Cadillac Escalade. - **Price Range**: $100,000 - $150,000. - **Description**: High-end luxury sedans, SUVs, and performance cars offering top-tier driving dynamics, advanced features, and luxury. ### **Level 7: Exotic and Ultra-Luxury Cars** - **Brands**: Porsche, Ferrari, Lamborghini, McLaren, Rolls-Royce, Bentley, Aston Martin, Mercedes-Benz (G-Class). - **Price Range**: $150,000 - $300,000. - **Description**: Exotic sports cars and ultra-luxury vehicles known for unmatched performance, style, and exclusivity. ### **Level 8: Collection of Ultra-Luxury and Exotic Supercars** - **Brands**: Bugatti, Pagani, Ferrari, McLaren, Lamborghini, Rolls-Royce, Bentley. - **Price Range**: $1 million and up (total collection value). - **Description**: The pinnacle of automotive excellence, featuring multiple ultra-luxury and exotic supercars, often rare or limited-edition models. These levels align with industry-recognized vehicle categories and brand rankings from leading automotive publications, providing a comprehensive overview from entry-level to ultra-luxury vehicles.
…well that was just a twatfull of chuckles. I needed that today. Regrettably we didn’t get the memo here in the 94027 for it ain’t dripping Bentleys or Ferraris heck there are just a handful of us G Wagoners in town. But I betcha there’s a Tesla or a Prius or a hybrid in every garage here in Atherton.
A 10+ year old car will not have Android Auto or Apple Carplay as the first car with Android Auto was introduced in 2014 and most cars got it after 2016.
@@adamcai1102 That is a half truth. While, in some cars, you can do that, in others there is no way to properly retrofit a new headunit because you discard a lot of car specific functions and not all aftermerket headunits have support for that. Of course you can have a phone mount and do with that but it's not the same.
Guess no one's the same here, people saying that the rich people they know drive low profile cars when the rich people that I know only drive high end vehicules and not secretive at all about their wealth
Exactly, the topic should be to get whatever car you want and can maintain long term. There's always going to be a more expensive car for the next guy.
I don't know about this one Alux. I have been very blessed and as a property manager for the last 22 years i have worked for many wealthy people. Most of them drive either a Ford (F-150), Honda (Accord) and Toyota (Forerunner, Highlander). These vehicles were all purchased new and they keep them for about 8yrs on average. Financially some may consider me well off. However i have only 2 vehicles. I drive a work van (Transit connect) as my daily driver and a honda accord. I will purchase a new Accord at the end of the year. This list was very interesting but in my experience most millionaires do not drive the cars on this list. These people do not want the attention and headache that come with very expensive cars. I cannot justify in my mind paying over 55k for a car. During the last financial crisis in 2008 i was able to buy an entire 3 bedroom 2 bathroom single family house for 75k. That property has been literally printing money for me every month since then and that wasn't the only house we got during that time. Paying a lot for cars is not smart use of resources. A fully loaded f-150, Accord or Forerunner has all the bells and whistles one could want.
Same here! I've been a Commercial PM for over 20 years and have had some generationally wealthy clients. One of my clients paid cash for his commercial properties out of his trust fund. He was a young guy and drove a top-of-the-line Toyota Forerunner. Another "trust fund" client drove a Ford F-150. Most wealthy men that I've worked with primarily drove F-150s or a GMC/Chevy of some sort (Yukon, Denali, Tahoe), but would purchase a BMW, Mercedes or Lexus for the wife.
@@BlissfulBartenderthese sound like old money people, old money people aren’t interested in cars like these because they grew up around it. Alux is referring to new money people who made it themselves and wanted to fulfill their dreams as a kid since these cars were just dreams unlike the old money kids
All the wealthy people I've seen don't want me to know their wealth. They drive Hondas and Toyotas. Or, if they wanna be fancy, they may get that Benz for everyday driving
Do you ever look into the mirror and wonder why wealthy people don’t want you to know their wealth? Maybe you look like a kidnapper? lol just kidding bro
Yeah because driving a Ferrari in city is stupid. You’re stuck in traffic and it’s impractical to use and you’re stressing over carefully getting over speed bumps and you don’t want any dents and nicks on that car. For a Toyota, you don’t really give a shit if it has a fender bender, you keep driving the damn thing.
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.
My advice: for newbies to grow financially this year, invest. Saving is good, but investing elevates your finances. Why newbie make huge losses on trade is because investing without proper guidance can lead to mistakes and losses. that will stop you from trading, this has been one of the biggest problem to new traders, l've learned this from my own experience
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation*
Interesting, This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro Investor?
I feel 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 a licensed expert in order to navigate this recession and achieve potential high yields
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
Brian Humphery Services was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Brian.
If they don't drive Hondas they drive Toyotas. The reliability of these two brands is stellar. Taken into account, depreciation is far less, maintenance costs are far less, operating costs (gas/oil/filters) all are spread out over the reliability of the vehicle, and expecting 260-300k miles out of the vehicle, reliability overall reduces these costs. Even a 20 year old Honda or Toyota with over 200k is still selling for $5-10k in my city! Imagine that...many other brands are already in the scrap heap or worth nothing! I drive a Honda.
I have to disagree with what's being said. I used to dress, and drive my worth, but it started to draw too much unwanted attention, for these days, and times. I also got tired of having Gypsies, Tramps, and Thieves, get their claws into me. I smartened up, and I now wear T-shirts, jeans, sweats, and dirty sneakers, and I drive a twenty-year-old Jeep. Since women are into shoes, it's important to wear dirty sneakers, and they look right through you.
I agree with you.,Too much attention and scrutiny if I drive a certain level of car.Some of my siblings drive Toyotas and the like.Some can afford choppers and own shopping malls .buy they don't want attention.
I am in Indian and the biggest problem of Indians are that we cannot drive acar because more than 75% of population in India don't have money to buy a car because our economy hasn't developed yet here the people who are at least 40 to 50 years old people have a car that is only rs 20 lakh that is like $23,777
Fantastic video! I have incurred so much losses trading on my own.... I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.
I have been watching your videos for like 2 to 3 years now . most of the time brushing my teeth before sleep I will just go to your page and start a video ( it's just kinda my thing pls no judgements 😅😅 ) so as I was waching and that part of scam influencer came I fucķing lose my mind as one - I am from panjab ( a state in india ) and that youtuber you show photo lives very next state 😂😂 ( like his house is like 50 km away from my house / he is supper popular and my cousin live very closeto him so we often see him ) and second - it just fell so connected as you taking about something to closely or relatable with me as that photo pull up on screen I lost my mind and just screem and fell in bathroom 😂🤣😂 my hip hurts but holy shīt it fell so good idk why 😂😂😊 By the way love your work u have been giveing motivation to be for last 2 to 3 years I am still hustling and grinding but one day I will me able to achieve my goals love your work and voice 🎉👍🏻🍐
In my opinion, levels of wealth are better described by planes. Level 1. You fly first class on commercial airlines. Level 2. You rent private jets to get to your business deals. Level 3. You own your own jet. I will make mention of Level 4. Level 4 is THE TOP LEVEL. It means you are are a top level baller. It involves you offering an initial public offering on the stock exchange on a company you started. Nothing says I'm doing well like ringing the bell at the open and close of the stock market one day.
Responding to popular comments here… “Stealth wealth“ is *mostly* a myth perpetuated by those without wealth as a form of virtue signaling. Sometimes wealthy people buy nice cars because they have an appreciation for form and function. Not because they want to flex.
Stealth Wealth is a coping mechanism by broke people that just want to pat themselves on the back for being broke and seek justification as to why they haven’t made that kind of money. It’s virtue signaling at most. And they try to make others feel bad for wanting expensive things. It’s envy disguised as virtue. They demonize people driving nice cars because they can’t envision themselves owning it. There’s nothing wrong with owning nicer cars and want to enjoy your wealth.
By my knowledge 'stealth wealth' is backed up by the evidence found in popular books and sources such as "the Millionaire next door" and studies such as one done by Ramsey solutions. If you say its mostly a myth, by what evidence do you make that claim?
@@pyootchnich personal experience matters less than nothing in regards to determining trends in large populations. Unless you personnally know ever single person that drives a car worth above a certain amt, you will never be accurately able to know what the overall picture of what kind of finances they have
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
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 a-lot of wealth transfer in this downtime if you know where to look.
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.
@@hunter-bourke21I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?
Do your homework and choose one that has strategies to help your portfolio grow consistently and steadily. *Izella Annette Anderson* is responsible for the success of my portfolio, and I believe she possesses the qualifications and expertise to meet your goals.
I am going to look her up, I have about $181k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
like this particular video from you guys specifically because it talks about how to acquire these things I’ve been in the same room with these cars that you describe all levels. I’ve seen most of them from the million dollar motor to the $20,000 car and the cars that are practical for me may not seem to everyone else like $1 million motor would look like. I will say this however I don’t necessarily need to reach level 10 because four wheels get you there whether it’s $50,000 or over $1 million. It doesn’t really matter to me. Everybody has their idea of what $1 million looks like sounds like feels like and drives like. For me in the end because of not only where I live, but the ideas I have about cars I’m the kind of person who likes the Teslas and the hybrid cars and things like that I’m not necessarily the type of person who wants to spend over $1 million on a car Because I know that there’s more important things to buy than $1 million motor In the end as a person with a drivers license and the ability to drive for anyone reading my comment, you have to decide for yourself what kind of car you want and how high up this chain you wanna go and I know for a lot of people the cars in the top four or five levels are what you’re looking for however, for me, I might not be looking for that unless the opportunity actually presented itself, and in that case I would have to be trained in terms of how I think to see that opportunity, and if it presented itself, I might jump on the chance to own a car like that only because it allows me to do things I wanna do and it allows me to have fun like I wanna have The end if opportunity will present itself then I might be willing to take anyone who offers me that opportunity up on their offer I do like the video though because it illustrates very cool stuff about levels and how wealth within cars works and so at least now I know how to acquire, said wealth, and the only time will tell. I actually decide to acquire something like this mainly because of the maintenance costs and the ability to own it because I have been told if you can’t afford to buy five of them and you cannot afford to buy one of them and I don’t believe in taking out loans for cars if you can avoid it .
*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides.*
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.
You are far off on the top line of collectors! You are assuming too many collectors want new autos and SUVs. Most Tier 1 car collectors would rather have models from the 30s, 40s. 50s and 60s of course they might have newer but they want low production models. I know my billionaire friends also drive new Ford 150 trucks. 😊 They don’t always want the latest technology….
You don’t know anything about cars if you put a GT3 RS in level 7. All the other cars you mention in Level 7 are depreciation machines. I have several Porsches and Ferraris and I know many wealthy collectors. There is no one who is super wealthy who has “ no car” like you say in level 11. If you have a lot of money, you have some collector cars as assets and you chose the car you are driven around in.
Circle, I have a private driver that I pay 20s / hour to drive my SUV.,It saves me a lot of time that I take to work, call my family and read. A very precious moment. It’s cheaper than a Uber at the end.
My boss is worth 12 million---He drives a well maintained, older, paid off Toyota Tundra--He uses half of his cash flow for charity he founded in Central America. Most people would never guess his worth.
@@elsingon7464 I know him very well. He knows he can't take it with him so he might as well help people who need a hand up but not asking for a hand out.-- Do Well, Then Do GOOD !
When you have a lot of money, you see potential to make the changes you want to see in the world instead of just consumption. Your boss acts like all the wealthy people I know. They are generally generous with their resources and live humble lives.
Very well explained. Started with walking to bike to motorbike to used hyundai ($1500) to used Accord with leather seat to new hyundai Tucson plus used swift for partner to use Range Rover sport and new Mercedes sedan ($100k) Now looking to buy G wagon and Range rover both new. You channel is amazing and inspiring
I just read a comment about cars being "depreciating liability". It's not entirely true. If the car makes you money, it's an asset. A car can also be an asset if it's one of a kind. Personally, I believe assets and liabilities are just lies told in accounting class because anything can be an asset and anything can be a liability. An asset is anything you can monetize and anything can be monetized.
This is how rich people think about cars: Buy second hand. The minute you drive a new car out of the dealership you lose money. Make sure it does everything you need: then be happy. Update it every 10 years
We understand the message you guys are trying to pass. However, we don't agree with you totally because we've seen wealthy folks who drive regular cars and we've also seen not so rich people who drive expensive cars.
There are more levels in the lower-price segment. At least in germany, often young people, me included back then, drove 500-2000€ cars (yes, road legal with TÜV). Sometimes this doesn't change, when one car breaks or gets too expensive you buy the next car for 500-2000€. Sometimes you find a gem that lasts very long, my 1997 Civic MB3 lasted 6 Years for only 1000€ without any additional repairs. If you prefer Value, you definitely buy old cars. If reliability is a concern, just buy 2 and you still have a car if one needs fixing. If you value prestige, comfort or need a reliable 1-car-solution, new is your way to go. (except you're buying german cars, then cut the reliable thingy)
After growing up working on cars and being raised in a "car guy" family, I'd much rather just buy a 2 post car lift and keep my current car. I could fix my own car in my free time both to save money and as a hobby and save tons of money at the same time. I guess I've been really fortunate in life to have driven so many different vehicles of all levels and to see the cost of maintenance that I no longer have any desire to move out of the first ~3 levels no matter how high my net worth goes. If I want to play, I think I'd just rent a car from the higher levels for a few days and then keep my POS car as daily driver. So much less headache. So many cooler things that can be purchased with the money than cars.
I saw the NO CAR plot twist coming... But I believe there's also the "collector" segment, which you totally missed. A Benz enthusiast will have a G63, an AMG GT and something vintage and restored like a 300SL
Well I may not seam successful to society with my car purchases But my dream car is a 2017 old Lexus is350 f sport because the new ones got uglier inside and the outside looks like an mg5 I bought one of those in cash and I have absolutely no intention of buying another car for a VERY long time because the 3.5L naturally aspirated V6 no longer is available in Australia new, and the 2017-20 IS350 was the ultimate car with that engine I don’t like new cars cause I work in tech and I don’t want giant screens around me while I’m having fun driving. The moment I sat in that car I knew that no matter how much money you gave me I wouldn’t buy another car for my daily. I don’t know how I knew, I just did Side note I never cared for cars, and as you mentioned kids have hot wheels and dream for car collections, I never did So no matter how much money I had, I wouldn’t have the time to buy a car collection because I’d only ever be spending my time buying other things
I’m at level 5 and a car enthusiast. Even as I grow my levels with goals and investments; cars are a liability. But not if you buy the right ones. There are many vehicles that appreciate it value based on rarity, brand, type and year of it. Example, as a high school kid I had a 1969 classic muscle car which was obtained around 3k. That exact car is worth between 50-100k now. You really need to know the automotive industry to make it worth investing and of course you need the money to do so.
Currently drive a 2020 Cayenne S, next car will be a RAV4 or CX-90. You get sick of $2000 batteries, $2000 brake jobs, $2500 tires & $2500 a year extended warranty. You also lose your confidence to speed in your mid 40s, that's if you leave home in the first place.
Please don‘t portrait SUVs as an „upgrade“ with respect to „normal“ cars. SuVs are ugly, vulgar, heavy, unreliable, unsafe and they all show horrible fuel economy. Wealthy and smart people don‘t buy SUVs.
*I love the grounded reality of this channel!!!* Retirement took a toll on my finances, but with my involvement in the digital market, $47,000 weekly returns has been life changing. AWESOME GOD❤️
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
This video should be renamed Lifestyle Creep and Lifestyle Inflation 101 (Car Edition). I thought this channel was about helping people to become millionaires? This video is exactly how not to get there.
Last year Level 0 then this year Level 3 as a Student, (I basically scammed the dealership without it being illegal) then in the future Level 7 before I fall out of love with cars!
Having a maybach with a chauffeur with a net worth of 2.5-5 million is crazy You need to be worth at least 8-10mil if you live in a place like Texas or at least 15mil if you live in NYC or Cali
Cars are a depreciating liability... Up to a point. There isn't a McLaren f1, Bugatti (any model), Pagani (any model), Koenigsegg (any model) etc that came out in the early 2000s that isn't more expensive now. If the car is depreciating, you either aren't in a high enough tax bracket or you are in one and you just need a daily runabout
@@RobertJohnson-je6tx my bad. A depreciating asset is a liability. A depreciating liability is a double negative... And again, yes they are... To a point
This is dumb! Anyone with sense knows that cars are wealth drainers. I will not invest in something to show others my wealth when it depreciates quickly. This video is beneath Alux.
I prefer the Bonus; I love the luxury cars but not that much. I prefer to have a car picking me up and dropping me off. Since I started Alux over the years I notice just how pre rich many many people are including myself, I find more value in living that splurging material stuff as I don't like the attention. Cars IMO is a huge liability no matter how high on the financial ladder ill be.10m reinvested to help the world in a good way means more to me than a my Favorite car the Bugatti or the Bently. You should have this edition for sure, it's pretty cool learning. Circle
It's strong that you determine a person's wealth by their outward appearance. But you do realise that simply owning an expensive car is more likely to make you lose money, don't you? I guess the most nonse I've seen today so far, but ok.
I believe the video was made in fun. The vast majority of cars are liabilities. Collectibles are the exception. I enjoy my late model Volvo S90 T6 inscription bought second hand from a Volvo executive in cash. Don’t have a favorite car but I would like an Aston Martin Vanquish or a GT 2 Carrera.
Are you guys nuts ? One video you say try rich is earning $1 million a month and now your saying you’re worth between 2.5 and 5 million and you can afford a Bentley with a driver too boot in the City? I’m worth $12 million without my primary residence and no debt and there’s NO WAY I can afford that . Miss information is far worse than no information. Shame on you !
Also depends where you are. I'm in CA and make over $100k a year, but my car broke down and I'm glad my job gives free county transit passes, because the interest rates right now make it way to prohibitive to go get a newer or used car. Plus, I do happen to be lucky and live only a 10-minute bus ride from work. Pretty sure if I lived in NV, TX, or FL and made the same income, I'd at least make it to Level 4.
a car will never tell how well one is doing in life plus some cars a rented the true well being sign of some one is there energy they emit to the world
I know this is the level you're using on European or US average salary but I'm curious, if the average fresh graduate salary are about USD 300 equivalent (somewhere in South East Asian country) and I have equivalent USD 3000 bike (250cc sports bike) which level you would rate me? yes I can sell it and buy similar price tag 90's BMW or mercy but the maintenance and insurance cost are still on different level
Hello Aluxers! How far up the levels of wealth (car edition) did you get?
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*Excellent !!! I really do have a Question. As a newbie interested in trading with less than $10,000 or Above, how would you recommend we enter into trading ? I am looking at studying some traders by trading with them and copying their strategy rather than trading myself. I will greatly appreciate any suggestions*
I would suggest to reach out to Mavis. What impresses me most about Mavis is how well she accumulate profit for client's and explains basic concept of winning before actually trading for you. And letting you use her trade signals. And she will also teach you how to trade as she trade for you, and let you know when to enter and exit trade for maximum profit as she trade for you. This goes a long way to ensure winning trades.
Please I'm a beginner, and am really interested. where can someone willing to start up trading reach Mavis?
Mavis mostly attend to client's on Telegrams, using the user name.
*@Mavis131 that's it*
Poverty screams.
Money talks.
Wealth whispers.
Me silent.
Coz you’re middle class.. you’re suppressed in between in hopes to be able to talk.. because you don’t want to have to scream and dream of being able to just whisper and get your way. But you’re still trying to get to the level of talking and trying not to scream. Hope the analogy makes sense..
@@aaaaaa-ru3tvalways speak for yourself lol
@@aaaaaa-ru3tvnah. It's a shit analogy
Spoken from a poor person's POV.
SMDH
FBA/B1
Touche' (smile)
9:40 calling an Urus a P1 is sacrilege..
I WASLOOKING FOR THIS COMMENTTTTT
RIGHT!
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Many individuals report success in investing in stocks,fx, yet I continue to struggle.Can somebody help me out or advise me on what to do?
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 that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
No Elvish Yadav harmed in this video 😂
Dunno kaha se ye tapak padta hai. Systoom meri ass
Mai yahi comment dhund ra tha bhai 😂😂😂😂😂😂
@@darksoul1477 Mein bhi
Elvish said mujko kyu toda 🤣🤣🤣
Same 😊
Can we have the following in the series
1. Car Edition
2. Travel Edition
3. Private Jet edition
4. House Edition
5. Yacht Edition
6. Money Edition
7. Clothes Edition
Exactly✅✅✅
Let us include educational buget edition with degrees
Forgot watch edition and hifi edition.
Majority of rich people I know including my siblings (decamillionaires and above) drive ordinary cars like Lexus, Mazda, Toyota, Subaru, Ford.. Some rich people do drive luxury cars like Porsche and Mercedes but they don’t drive those cars to impress anyone.
I noticed that too. They might also have a classic that they bring out once in a while but daily driver is a used ( 5 years or so) model. Alot put the miles on the company vehicle.
I live in an affluent area. There is maybe ten Benz’s, a Tesla Truck, three Porsches, one Ferrari, three Range Rovers. The majority of cars are Toyotas and Lexus with a sprinkling of Mazdas and Kia’s.
You capping mah boy. Your siblings work at McDonald's and they ride bicycles for work.
I'll take that as a good sign that my dream daily driver is a Lexus lol.
Well all I can say is my aunt n uncle are worth $19M USD their luxury vehicles consists of a bus, 4 Mercedes, 1 viper, 2 Harley’s, their daily driver is a XT4 so to each his own but ain’t no way I’m working my azz off to buy some basic bs. And any rich person knows your cars can be used as tax write offs. So do I believe your family is as wealthy as they claim to be naw not 1 bit.
Real car people couldn’t give a shit about these traditional brand names regardless of financial status.
What bs are you spewing? We would prefer shit boxes instead?
if its fun its cool
What do you mean, what kind of car person are you if you don't want a Porsche, a Mclaren, a Bugatti, a Ferrari, or even a Lamborghini?
@@mouminysnthe type who focuses on what they get from the car not the attention of the brand
@@kwikcilva It's not about the brand. You can't tell me they don't make, objectively, the best cars.
1)Level 0 - No Car.
2)Level 1 - Cheap Old Car (10K or Less).
3)Level 2 - Leather Interior Old Second Hand Car (10K - 20K)
4)Level 3 - Under Five Year Old Car + A Second Car For The Spouse. (25K - 40K)
5)Level. 4 - Luxury Second Hand Car or Brand New Mid Range Car.(40K - 70K)
6)Level 5 - Brand New Luxury Car (100 - 150K)
7)Level 6 - Brand New Luxury His & Her Car (Over 200K)
8)Level 7 - G Wagon,Maybach,Bentley Or The Cheapest Ferrari(175 - 300K)
9)Level 8 - Rolls Royce Or Super Car - (400k - 1.2M)
10)Level 9 - Supercar Collection (5M+ In Cars)
11)Level 10 - One On A Kind Be Spoke(Whatever You Are Willing To Pay)
Level 11 - What color is your Bugatti?
Appreciate this
level 6 = 2 new luxury vehicles worth $200K+.
anyhow here’s a better list:
It looks like I wasn't able to access the specific information from Edmunds, Consumer Reports, and similar sources. However, I can still refine the levels based on commonly recognized categories and top models within the automotive industry:
### **Level 1: No Car**
- **Description**: No personal vehicle.
### **Level 2: Basic Used Car**
- **Brands**: Honda, Toyota, Ford, Hyundai, Mazda, Nissan, Chevrolet, Kia, Subaru, Volkswagen.
- **Price Range**: Below $20,000.
- **Description**: Reliable, budget-friendly used cars from well-known brands, focusing on durability and low maintenance costs.
### **Level 3: Entry-Level New Car**
- **Brands**: Honda, Toyota, Hyundai, Kia, Mazda, Nissan, Chevrolet, Volkswagen, Subaru, Ford.
- **Price Range**: $20,000 - $40,000.
- **Description**: Affordable new cars with modern features, good reliability, and value. These include compact sedans, hatchbacks, and small SUVs.
### **Level 4: Used or New Luxury Car**
- **Brands**: BMW, Mercedes-Benz, Audi, Lexus, Volvo, Acura, Infiniti, Genesis, Cadillac.
- **Price Range**: $40,000 - $60,000.
- **Description**: Luxury sedans and SUVs offering premium features, comfort, and brand prestige. A mix of newer used models and entry-level new luxury vehicles.
### **Level 5: New Luxury or Sports Car**
- **Brands**: Mercedes-Benz, BMW, Audi, Lexus, Porsche, Tesla, Cadillac, Jaguar.
- **Price Range**: $60,000 - $100,000.
- **Description**: New luxury sedans, SUVs, and sports cars that blend performance, advanced technology, and high comfort.
### **Level 6: High-End Luxury and Performance Cars**
- **Brands**: BMW (6 Series, M3/M4), Audi (RS models), Mercedes-Benz (S-Class, E-Class AMG), Porsche (Cayenne, Taycan), Range Rover, Cadillac Escalade.
- **Price Range**: $100,000 - $150,000.
- **Description**: High-end luxury sedans, SUVs, and performance cars offering top-tier driving dynamics, advanced features, and luxury.
### **Level 7: Exotic and Ultra-Luxury Cars**
- **Brands**: Porsche, Ferrari, Lamborghini, McLaren, Rolls-Royce, Bentley, Aston Martin, Mercedes-Benz (G-Class).
- **Price Range**: $150,000 - $300,000.
- **Description**: Exotic sports cars and ultra-luxury vehicles known for unmatched performance, style, and exclusivity.
### **Level 8: Collection of Ultra-Luxury and Exotic Supercars**
- **Brands**: Bugatti, Pagani, Ferrari, McLaren, Lamborghini, Rolls-Royce, Bentley.
- **Price Range**: $1 million and up (total collection value).
- **Description**: The pinnacle of automotive excellence, featuring multiple ultra-luxury and exotic supercars, often rare or limited-edition models.
These levels align with industry-recognized vehicle categories and brand rankings from leading automotive publications, providing a comprehensive overview from entry-level to ultra-luxury vehicles.
…well that was just a twatfull of chuckles. I needed that today. Regrettably we didn’t get the memo here in the 94027 for it ain’t dripping Bentleys or Ferraris heck there are just a handful of us
G Wagoners in town. But I betcha there’s a Tesla or a Prius or a hybrid in every garage here in Atherton.
there's no car worth 10 k
A 10+ year old car will not have Android Auto or Apple Carplay as the first car with Android Auto was introduced in 2014 and most cars got it after 2016.
Yep, no Apple Carplay is a no sale for me.
You can always add one later
@@adamcai1102 That is a half truth. While, in some cars, you can do that, in others there is no way to properly retrofit a new headunit because you discard a lot of car specific functions and not all aftermerket headunits have support for that. Of course you can have a phone mount and do with that but it's not the same.
I totally don't put Sony head units in 1970's Datsun Z and 2013 Scion FRS
The fact that nobody talks about the book Matrix Golden Cashflow Tactics, speaks volumes why people dont earn a lot of money..
what about you buddy?
@@lalitkishor9114 great ask
Bot
He is joking lol 😂
Look to sell a book to someone Easy just 'Ask' 😉
My workaround is to drive knockoffs. I currently drive a BNW. Someday, i hope to upgrade to a Role-Roice or Gubatti. 😂
Where can I get one of these knockoffs?? 😂
@@rmfinance1781 Azamon :)
@@rmfinance1781 Temu 🤣
same I am rocking my Lumbergumber!
Guess no one's the same here, people saying that the rich people they know drive low profile cars when the rich people that I know only drive high end vehicules and not secretive at all about their wealth
Exactly, the topic should be to get whatever car you want and can maintain long term. There's always going to be a more expensive car for the next guy.
There’s just different types. The millionaires I know drive Hondas and beaters.
This is UA-cam not the real world.
I don't know about this one Alux.
I have been very blessed and as a property manager for the last 22 years i have worked for many wealthy people.
Most of them drive either a Ford (F-150), Honda (Accord) and Toyota (Forerunner, Highlander).
These vehicles were all purchased new and they keep them for about 8yrs on average.
Financially some may consider me well off. However i have only 2 vehicles. I drive a work van (Transit connect) as my daily driver and a honda accord.
I will purchase a new Accord at the end of the year.
This list was very interesting but in my experience most millionaires do not drive the cars on this list.
These people do not want the attention and headache that come with very expensive cars.
I cannot justify in my mind paying over 55k for a car. During the last financial crisis in 2008 i was able to buy an entire 3 bedroom 2 bathroom single family house for 75k. That property has been literally printing money for me every month since then and that wasn't the only house we got during that time.
Paying a lot for cars is not smart use of resources. A fully loaded f-150, Accord or Forerunner has all the bells and whistles one could want.
Same here! I've been a Commercial PM for over 20 years and have had some generationally wealthy clients. One of my clients paid cash for his commercial properties out of his trust fund. He was a young guy and drove a top-of-the-line Toyota Forerunner. Another "trust fund" client drove a Ford F-150. Most wealthy men that I've worked with primarily drove F-150s or a GMC/Chevy of some sort (Yukon, Denali, Tahoe), but would purchase a BMW, Mercedes or Lexus for the wife.
@@BlissfulBartenderthese sound like old money people, old money people aren’t interested in cars like these because they grew up around it. Alux is referring to new money people who made it themselves and wanted to fulfill their dreams as a kid since these cars were just dreams unlike the old money kids
@BlissfulBartender - agreed, my wifes next vehicle will probably be a Lexus RX (small to midsized suv).
It's priced right around 50k
No sale.
Agreed
All the wealthy people I've seen don't want me to know their wealth. They drive Hondas and Toyotas. Or, if they wanna be fancy, they may get that Benz for everyday driving
bingo ;)
Do you ever look into the mirror and wonder why wealthy people don’t want you to know their wealth? Maybe you look like a kidnapper? lol just kidding bro
These are just their daily drivers... you must be a fool to think they don't have at least a Ferrari or Aston Martin or something else
Yeah because driving a Ferrari in city is stupid. You’re stuck in traffic and it’s impractical to use and you’re stressing over carefully getting over speed bumps and you don’t want any dents and nicks on that car. For a Toyota, you don’t really give a shit if it has a fender bender, you keep driving the damn thing.
Land Cruiser 😁
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.
My advice: for newbies to grow financially this year, invest. Saving is good, but investing elevates your finances. Why newbie make huge losses on trade is because investing without proper guidance can lead to mistakes and losses. that will stop you from trading, this has been one of the biggest problem to new traders, l've learned this from my own experience
I'm surprised that this name is being mentioned here, I stumbled upon one of him clients testimony on CNBC news last week.
I keep hearing a lot about Mr. Lee Davis O'Reilly, he must be really good
Sure! He interacts on what’s Apk using the digit below
英꧁ᨖᨖᨖᨖᨖ࿅╋𝟏𝟕𝟑𝟕𝟗𝟗𝟎𝟓𝟎𝟕𝟑👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻❤️❤️
大家都這樣“複製”，“UA-cam”令人沮喪
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation*
Interesting, This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro Investor?
I feel 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 a licensed expert in order to navigate this recession and achieve potential high yields
Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.
Brian Humphery Services was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Brian.
He is really a good investment advisor. Was privileged to attend some of his seminars.that's how I started my own crypto investment
"Real rich people drive hondas "You guys if you have all the money but still want regular things then what are you doing it for?
If they don't drive Hondas they drive Toyotas.
The reliability of these two brands is stellar.
Taken into account, depreciation is far less, maintenance costs are far less, operating costs (gas/oil/filters) all are spread out over the reliability of the vehicle, and expecting 260-300k miles out of the vehicle, reliability overall reduces these costs. Even a 20 year old Honda or Toyota with over 200k is still selling for $5-10k in my city! Imagine that...many other brands are already in the scrap heap or worth nothing!
I drive a Honda.
Who cares buy the car you like
@@robertbonds6680 only if you can afford it!
And yes, I like my Honda!
That’s like asking someone why they still workout when they’re already in shape.
To fly under the radar
One of the things that helped me drastically increase my net worth was intentionally not owning a car for 5 years as a working adult.
I have to disagree with what's being said. I used to dress, and drive my worth, but it started to draw too much unwanted attention, for these days, and times. I also got tired of having Gypsies, Tramps, and Thieves, get their claws into me.
I smartened up, and I now wear T-shirts, jeans, sweats, and dirty sneakers, and I drive a twenty-year-old Jeep. Since women are into shoes, it's important to wear dirty sneakers, and they look right through you.
I agree with you. Nowadays it's best to be invisible. The grey man.
😂😂😂❤❤❤
But try to clean those sneakers.
You shouldn't use dirt as a disguise.
@@favourazukaego3803
NOPE....
You're a female. I don't take advise from modern Day females. They don't see the big picture.
I agree with you.,Too much attention and scrutiny if I drive a certain level of car.Some of my siblings drive Toyotas and the like.Some can afford choppers and own shopping malls .buy they don't want attention.
I am in Indian and the biggest problem of Indians are that we cannot drive acar because more than 75% of population in India don't have money to buy a car because our economy hasn't developed yet here the people who are at least 40 to 50 years old people have a car that is only rs 20 lakh that is like $23,777
Fantastic video! I have incurred so much losses trading on my own.... I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??
Same here, my portfolio has been going down the drain while I try trading,I just don't know what I do wrong..
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.
I think l'm blessed if not I wouldn't have met someone who is as spectacular as expert mrs Fenella..
Highly recommended 🙌
Wow, I'm surprised to see Fenella mentioned here as well. I didn't know she had been kind to so many people
I'm also a huge beneficiary of her..
I thought myself and my family were
the only ones enjoying Fenella
trade benefits
I have been watching your videos for like 2 to 3 years now . most of the time brushing my teeth before sleep I will just go to your page and start a video ( it's just kinda my thing pls no judgements 😅😅 ) so as I was waching and that part of scam influencer came I fucķing lose my mind as
one - I am from panjab ( a state in india ) and that youtuber you show photo lives very next state 😂😂 ( like his house is like 50 km away from my house / he is supper popular and my cousin live very closeto him so we often see him )
and second - it just fell so connected as you taking about something to closely or relatable with me
as that photo pull up on screen I lost my mind and just screem and fell in bathroom 😂🤣😂 my hip hurts but holy shīt it fell so good idk why 😂😂😊
By the way love your work u have been giveing motivation to be for last 2 to 3 years I am still hustling and grinding but one day I will me able to achieve my goals love your work and voice 🎉👍🏻🍐
Says "One McLaren P1"
Shows Lamborghini Urus
I had to rewtach that part 5 times to make sure I wasn't hallucinating.
only people with no car can like this😂
I bike to work... Haha
That’s me
8:33 elvish getting exposed with this one🗣️🗣️🗣️
international bezzati karwa li 🔥
In my opinion, levels of wealth are better described by planes.
Level 1. You fly first class on commercial airlines.
Level 2. You rent private jets to get to your business deals.
Level 3. You own your own jet.
I will make mention of Level 4. Level 4 is THE TOP LEVEL. It means you are are a top level baller. It involves you offering an initial public offering on the stock exchange on a company you started.
Nothing says I'm doing well like ringing the bell at the open and close of the stock market one day.
Did she say McLaren and show a Lamborghini! 🤣
Yeah 😂 I guess the editor f-ed up!
Responding to popular comments here…
“Stealth wealth“ is *mostly* a myth perpetuated by those without wealth as a form of virtue signaling.
Sometimes wealthy people buy nice cars because they have an appreciation for form and function. Not because they want to flex.
Stealth Wealth is a coping mechanism by broke people that just want to pat themselves on the back for being broke and seek justification as to why they haven’t made that kind of money. It’s virtue signaling at most. And they try to make others feel bad for wanting expensive things. It’s envy disguised as virtue. They demonize people driving nice cars because they can’t envision themselves owning it. There’s nothing wrong with owning nicer cars and want to enjoy your wealth.
By my knowledge 'stealth wealth' is backed up by the evidence found in popular books and sources such as "the Millionaire next door" and studies such as one done by Ramsey solutions.
If you say its mostly a myth, by what evidence do you make that claim?
@ personal experience-by someone who’s not trying to sell books or get research funded.
@@pyootchnich personal experience matters less than nothing in regards to determining trends in large populations.
Unless you personnally know ever single person that drives a car worth above a certain amt, you will never be accurately able to know what the overall picture of what kind of finances they have
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
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 a-lot of wealth transfer in this downtime if you know where to look.
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.
@@hunter-bourke21I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?
Do your homework and choose one that has strategies to help your portfolio grow consistently and steadily. *Izella Annette Anderson* is responsible for the success of my portfolio, and I believe she possesses the qualifications and expertise to meet your goals.
I am going to look her up, I have about $181k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
like this particular video from you guys specifically because it talks about how to acquire these things
I’ve been in the same room with these cars that you describe all levels. I’ve seen most of them from the million dollar motor to the $20,000 car and the cars that are practical for me may not seem to everyone else like $1 million motor would look like.
I will say this however I don’t necessarily need to reach level 10 because four wheels get you there whether it’s $50,000 or over $1 million. It doesn’t really matter to me. Everybody has their idea of what $1 million looks like sounds like feels like and drives like.
For me in the end because of not only where I live, but the ideas I have about cars I’m the kind of person who likes the Teslas and the hybrid cars and things like that I’m not necessarily the type of person who wants to spend over $1 million on a car Because I know that there’s more important things to buy than $1 million motor
In the end as a person with a drivers license and the ability to drive for anyone reading my comment, you have to decide for yourself what kind of car you want and how high up this chain you wanna go and I know for a lot of people the cars in the top four or five levels are what you’re looking for however, for me, I might not be looking for that unless the opportunity actually presented itself, and in that case I would have to be trained in terms of how I think to see that opportunity, and if it presented itself, I might jump on the chance to own a car like that only because it allows me to do things I wanna do and it allows me to have fun like I wanna have The end if opportunity will present itself then I might be willing to take anyone who offers me that opportunity up on their offer
I do like the video though because it illustrates very cool stuff about levels and how wealth within cars works and so at least now I know how to acquire, said wealth, and the only time will tell. I actually decide to acquire something like this mainly because of the maintenance costs and the ability to own it because I have been told if you can’t afford to buy five of them and you cannot afford to buy one of them and I don’t believe in taking out loans for cars if you can avoid it .
*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides.*
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.
SHE IS ON TELEGRAMs
@LauraGil52
That's it >>>>>>
🚨 BE AWARE scammer thread
SCAM ALERT
You are far off on the top line of collectors! You are assuming too many collectors want new autos and SUVs.
Most Tier 1 car collectors would rather have models from the 30s, 40s. 50s and 60s of course they might have newer but they want low production models. I know my billionaire friends also drive new Ford 150 trucks. 😊
They don’t always want the latest technology….
You don’t know anything about cars if you put a GT3 RS in level 7. All the other cars you mention in Level 7 are depreciation machines. I have several Porsches and Ferraris and I know many wealthy collectors. There is no one who is super wealthy who has “ no car” like you say in level 11. If you have a lot of money, you have some collector cars as assets and you chose the car you are driven around in.
Circle, I have a private driver that I pay 20s / hour to drive my SUV.,It saves me a lot of time that I take to work, call my family and read. A very precious moment. It’s cheaper than a Uber at the end.
I don’t give a dam. When I become wealthy, I am getting my Bentley Flying Spur
2022 Proton Saga Premium (ruby red)for me if i get rich.
No ELVISH was harmed while making this video 😭👍🏼
Paid off cars is the ultimate flex regardless of brand, condition, year, and type
💯
1st car at 16 was a 95 Honda accord, 2nd car was 93 E35 m5
3rd car was 08 lexus ES350
4th car was 07 ls460L
Current car is 2018 C43
Clean upgrade
My boss is worth 12 million---He drives a well maintained, older, paid off Toyota Tundra--He uses half of his cash flow for charity he founded in Central America. Most people would never guess his worth.
@@paulbrungardt9823 Exactly!
@@paulbrungardt9823 Exactly!
You never fully know someone... guy probably has a rolls royce or bentley in his garage
@@elsingon7464 I know him very well. He knows he can't take it with him so he might as well help people who need a hand up but not asking for a hand out.-- Do Well, Then Do GOOD !
When you have a lot of money, you see potential to make the changes you want to see in the world instead of just consumption. Your boss acts like all the wealthy people I know. They are generally generous with their resources and live humble lives.
Very well explained.
Started with walking to bike to motorbike to used hyundai ($1500) to used Accord with leather seat to new hyundai Tucson plus used swift for partner to use Range Rover sport and new Mercedes sedan ($100k)
Now looking to buy G wagon and Range rover both new.
You channel is amazing and inspiring
The richer you are the poorer you are when you die and wake up from this fake simulator 😂
I have clicked on a few of your other videos and this one is more foolish than the others. Never judge a book by its cover.
I just read a comment about cars being "depreciating liability". It's not entirely true. If the car makes you money, it's an asset. A car can also be an asset if it's one of a kind. Personally, I believe assets and liabilities are just lies told in accounting class because anything can be an asset and anything can be a liability. An asset is anything you can monetize and anything can be monetized.
This is how rich people think about cars:
Buy second hand. The minute you drive a new car out of the dealership you lose money.
Make sure it does everything you need: then be happy. Update it every 10 years
8:30 Elvish Bhaaaaiiii!!!!!!!!😂
We understand the message you guys are trying to pass. However, we don't agree with you totally because we've seen wealthy folks who drive regular cars and we've also seen not so rich people who drive expensive cars.
Nobody drives a supercar every day... is not practical... but you must be a tool to believe they don't have any high-end cars in their garage
There are more levels in the lower-price segment. At least in germany, often young people, me included back then, drove 500-2000€ cars (yes, road legal with TÜV). Sometimes this doesn't change, when one car breaks or gets too expensive you buy the next car for 500-2000€. Sometimes you find a gem that lasts very long, my 1997 Civic MB3 lasted 6 Years for only 1000€ without any additional repairs. If you prefer Value, you definitely buy old cars. If reliability is a concern, just buy 2 and you still have a car if one needs fixing. If you value prestige, comfort or need a reliable 1-car-solution, new is your way to go. (except you're buying german cars, then cut the reliable thingy)
After growing up working on cars and being raised in a "car guy" family, I'd much rather just buy a 2 post car lift and keep my current car. I could fix my own car in my free time both to save money and as a hobby and save tons of money at the same time. I guess I've been really fortunate in life to have driven so many different vehicles of all levels and to see the cost of maintenance that I no longer have any desire to move out of the first ~3 levels no matter how high my net worth goes. If I want to play, I think I'd just rent a car from the higher levels for a few days and then keep my POS car as daily driver. So much less headache. So many cooler things that can be purchased with the money than cars.
I saw the NO CAR plot twist coming...
But I believe there's also the "collector" segment, which you totally missed. A Benz enthusiast will have a G63, an AMG GT and something vintage and restored like a 300SL
I drive a 2005 Chevy malibu classic. Been driving it for 16 years.
You are a brookie... what else do you expect 😂
Circle: Never needing a car again is perfection. I would love to not drive.
Level 11 - Jay Leno
Level 7 g wagon
1:30 literally my first car, lol
elvish bhai ka cameo hogaya , dhoti bhi kholdiya in loogo ne🤣
I was somehow waiting for the Prius at the top end?!
Well I may not seam successful to society with my car purchases
But my dream car is a 2017 old Lexus is350 f sport because the new ones got uglier inside and the outside looks like an mg5
I bought one of those in cash and I have absolutely no intention of buying another car for a VERY long time because the 3.5L naturally aspirated V6 no longer is available in Australia new, and the 2017-20 IS350 was the ultimate car with that engine
I don’t like new cars cause I work in tech and I don’t want giant screens around me while I’m having fun driving.
The moment I sat in that car I knew that no matter how much money you gave me I wouldn’t buy another car for my daily. I don’t know how I knew, I just did
Side note I never cared for cars, and as you mentioned kids have hot wheels and dream for car collections, I never did
So no matter how much money I had, I wouldn’t have the time to buy a car collection because I’d only ever be spending my time buying other things
I’m at level 5 and a car enthusiast. Even as I grow my levels with goals and investments; cars are a liability. But not if you buy the right ones. There are many vehicles that appreciate it value based on rarity, brand, type and year of it. Example, as a high school kid I had a 1969 classic muscle car which was obtained around 3k. That exact car is worth between 50-100k now. You really need to know the automotive industry to make it worth investing and of course you need the money to do so.
You bought a million car but the materials they used is not super rare. They are usually equal to the $175,000 - $300,000 car price.
Made it to level 3/4? Happily back down to level 1 to be honest.
Currently drive a 2020 Cayenne S, next car will be a RAV4 or CX-90. You get sick of $2000 batteries, $2000 brake jobs, $2500 tires & $2500 a year extended warranty. You also lose your confidence to speed in your mid 40s, that's if you leave home in the first place.
We were at 5. Instead of going to 6, we diverted the money to investment real estate. My friend wants a G Wagen. I want another investment property!
Please don‘t portrait SUVs as an „upgrade“ with respect to „normal“ cars. SuVs are ugly, vulgar, heavy, unreliable, unsafe and they all show horrible fuel economy. Wealthy and smart people don‘t buy SUVs.
Damn level 0 hit different
"One McLaren p1" ends up showing an urus
I've been stuck on level 3 my whole life.
Biggest fail video I have ever seen, some cars u can get under 30,000 and they make me so much happy I don’t want a other car so
11:52 I’m still walking 😂
"These are the cars that popular financial influencers lease to shoot promos for their scam courses", hahahahahaa, I'm in love with that woman!
*I love the grounded reality of this channel!!!*
Retirement took a toll on my finances, but with my involvement in the digital market, $47,000 weekly returns has been life changing. AWESOME GOD❤️
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
Wow that's huge, how do you make that much monthly?
I'm 35 and have been looking for ways to be successful, please how??
Thanks to my co-worker (Scott) who suggested Mrs Maria Angelina🙏.
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
“You shouldn’t get a €100.000 car if your not worth over a million”. Really powerful statement 💎💯
I own a 1991 Honda Civic. But my business owns several level 4 cars. 😉
This video should be renamed Lifestyle Creep and Lifestyle Inflation 101 (Car Edition). I thought this channel was about helping people to become millionaires? This video is exactly how not to get there.
I'd like to see watches please
Elvish bhai ko scammer bol diya 🤣
im still rocking my LEGedes benz.
Last year Level 0 then this year Level 3 as a Student, (I basically scammed the dealership without it being illegal) then in the future Level 7 before I fall out of love with cars!
Honda civic 2012=Multi-Millionaire next door. I love it, nobody bothers me. NO show and ALL dough.
Stop lying to yourself
Great to see the B-roll again, I can't stand the graphics that have been getting used instead!
Having a maybach with a chauffeur with a net worth of 2.5-5 million is crazy
You need to be worth at least 8-10mil if you live in a place like Texas or at least 15mil if you live in NYC or Cali
Whenever I will be millioner i will buy million dollars car suddenly
A car is a depreciating liability. This video & title is false.
Cars are a depreciating liability... Up to a point. There isn't a McLaren f1, Bugatti (any model), Pagani (any model), Koenigsegg (any model) etc that came out in the early 2000s that isn't more expensive now. If the car is depreciating, you either aren't in a high enough tax bracket or you are in one and you just need a daily runabout
A car is a depreciating asset, not a liability.
@@RobertJohnson-je6tx my bad. A depreciating asset is a liability. A depreciating liability is a double negative... And again, yes they are... To a point
If you have a 200 million dollar net worth, would you drive a 10 thousand dollar car?
@@marvelousamadasun4232 most people would say yes. In unrelated news, most people are liars
I'll complete the circle
Thanks for the continuous update! I am super excited about how my stock investment is going so far, making over $32k weekly is an amazing gain.
These levels should only apply if you pay cash. Buying money from a bank to pay for a car means you can't afford it.
This is dumb! Anyone with sense knows that cars are wealth drainers. I will not invest in something to show others my wealth when it depreciates quickly. This video is beneath Alux.
Wealth drainers ???? Stfu 😂
I prefer the Bonus; I love the luxury cars but not that much. I prefer to have a car picking me up and dropping me off. Since I started Alux over the years I notice just how pre rich many many people are including myself, I find more value in living that splurging material stuff as I don't like the attention. Cars IMO is a huge liability no matter how high on the financial ladder ill be.10m reinvested to help the world in a good way means more to me than a my Favorite car the Bugatti or the Bently. You should have this edition for sure, it's pretty cool learning. Circle
What if the car has a leather interior but is still under 10k? 😂
This is the most unnecessary video from Alux
Whatever you choose to drive, pay for it outright in full. If you can’t pay for it in one transaction, it’s not time for that car
It's strong that you determine a person's wealth by their outward appearance. But you do realise that simply owning an expensive car is more likely to make you lose money, don't you? I guess the most nonse I've seen today so far, but ok.
For me the ultimate luxury communities are those where you can walk everywhere.
I believe the video was made in fun. The vast majority of cars are liabilities. Collectibles are the exception.
I enjoy my late model Volvo S90 T6 inscription bought second hand from a Volvo executive in cash. Don’t have a favorite car but I would like an Aston Martin Vanquish or a GT 2 Carrera.
Are you guys nuts ? One video you say try rich is earning $1 million a month and now your saying you’re worth between 2.5 and 5 million and you can afford a Bentley with a driver too boot in the City?
I’m worth $12 million without my primary residence and no debt and there’s NO WAY I can afford that . Miss information is far worse than no information. Shame on you !
This is the most useless alux video ever
Also depends where you are. I'm in CA and make over $100k a year, but my car broke down and I'm glad my job gives free county transit passes, because the interest rates right now make it way to prohibitive to go get a newer or used car. Plus, I do happen to be lucky and live only a 10-minute bus ride from work. Pretty sure if I lived in NV, TX, or FL and made the same income, I'd at least make it to Level 4.
Honestly this video don't even make sense
a car will never tell how well one is doing in life plus some cars a rented the true well being sign of some one is there energy they emit to the world
Astin martin db5 ( law of attraction)😅
I know this is the level you're using on European or US average salary
but I'm curious, if the average fresh graduate salary are about USD 300 equivalent (somewhere in South East Asian country)
and I have equivalent USD 3000 bike (250cc sports bike)
which level you would rate me?
yes I can sell it and buy similar price tag 90's BMW or mercy but the maintenance and insurance cost are still on different level
250cc bikes are pretty good in an Asian country.......I think you would go in an Easy Level 2 or 3
10k for a starter car is wild