The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
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.
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.Thanks
Hey there! Just wanted to remind you that it's never too late to start taking your investment journey seriously. I remember struggling for years before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope, my friend.
£84k/yr is not bad. If you're interested in good options, consider exploring cryptø. They offer potential growth. Just make sure to do your research and tlk to a consultant
Money makes you more of what you already are as Dave Ramsey says. But money and having plenty of it takes one huge stress out of your world. Especially when your money is working as you sleep and pours in no matter what on a monthly basis. My passive income is much more then what I need and I literally have to reinvest it and at least 30-40 % on a monthly basis. I saved hard when I was young I worked as much o.t. When I was young to save. Then once I learned how to actually invest wow that change my life. Now it’s like a snowball that can’t be stopped no matter what mr market does thanks to my FA Emily Lois Parker.
@@tylerforeman667 WOW! I'm imoressed. Does she take clients in dubai because i would really love to get into this but i'm currently not in America. If she does take clients in Dubai then i would love to start small. How's 30k? just to test the waters
I’d say at this point, you gotta have cash on the side and exposure so that you don’t completely fumble during bearish times, just to come out with nothing but buying bags too high later on. Not a financial advisor, just my two cents of advice.
Strategic investment is important. My ideal investment is a varied portfolio that includes stocks, bonds, and ETFs. It gives excellent long-term return and has performed admirably thus far, with the assistance of an FA on the side. 10xing my portfolio in a few years does not seem too far-fetched to me.
I usually don't do well with online recommendations, but this Lisa advisor seemed to know her stuff, just went through her website and I booked an appointment.
Before you start investing, it's crucial to understand the basics of investing, different asset classes (stocks, bonds, real estate, etc.) and the associated risks. Are you investing for retirement, buying a home, or building an emergency fund? Your goals will help shape your investment strategy. Don't put all your eggs in one basket. Diversification means spreading your investments across different asset classes (stocks, bonds, real estate) and within those classes (different companies or industries). This helps reduce risk.
if you're unsure about your investment choices or need personalised guidance, consider consulting with a financial advisor. They can help create a tailored investment plan. Patience is key to successful investing. Over time, compound interest can grow your investments significantly, but it takes time to see substantial gains.
You are levels above other creators in terms of quality. You are grounded, realistic, and not the usual rubbish clickbait, cookie-cutter "passive income" content. Well done.
Awe Yes, also too I love when he'll be so serious & then out of the blue say something silly or crazy, like about upgrading his cooking skills to Chef Boyardee, I swear I crack up outloud. 🤦🤣😂💜
Frugal living has definitely been my best passive income maker. I earn the same, but have more left in the bank which I can put into higher yield savings accounts.
the problem with being frugal is planned obsolescence. per example you have for 20.000 $ of electronic devices who goes obsolete each 10 years, that means you have to spend 2.000 $ per year for maintenance. it's like a car. it worth 25.000 $ on year one, 12.500 year 4, and near 0.000 year 8. so having a car in this example costs 3.125 $ per year, because you need to spend 25.000 $ to buy a new one each 8 years. so the less technology you have in your life, the richer you will be.
I hope you’ll make an active extra income video next! Aka side hustle central. We do all of these passive things except the video production as well as selling our data via apps. We feel like we are maxed out on passive income basics and need to up our game now.
I keep my emergency savings in a High Yield savings account. the amount of interest made at the end of the year is enough to make an extra payment on my mortgage each year.
I don't watch fear based videos. They annoy me no end. Videos that say the banks are going to crash in September are ignored by me. I will keep investing in my ETF'S and watch myself make money daily.
Thanks for this. I'm already doing everything outlined in this video except for Evergreen UA-cam videos and the wife thinks I need to do more even though she estimates we will retire early. And so I'm trying to do more...
Thanks for this great advice! One of the best passive income videos I've seen so far. On another note: The 401k plan ... funny how it works in different countries! For us in Europe it's completely normal the we as employees and our employers contribute a certain percentage of our income to our retirement fund, next to the fact that we have a working healthcare system.
Love it! I don’t make UA-cam videos, but I do all of the rest! Being frugal, 401k match, high yield checking and savings accounts, investing in index funds, and making some dividends (which we auto-reinvest). Another thing I like to do that’s mostly passive is receipt scanning. I make about $250/year just snapping my receipts or giving these apps access to my inbox receipts. Also my work offers $75/quarter for your health data meaning my Apple Watch paid for itself in under a year and the last 2 years has been making me $300/year by granting my work (medical campus) access to my health data via the watch.
I like your last passive income idea. Living below your means can actually bring a lot of benefits to your future especially during your retirement years.
Hey Austin, I got my first dividend today. I made my first investment on 4th of August this year. I also put my money on a flexible high yield savings account… which pays me interest every day! I am so proud … Thanks again for putting this information out there. You and all of the other You Tube content creators who explain finances, changed my life. I am getting there.. slowly but surely. There is hope. 😊 Thumbs up 👍
I appreciate it! Lately it's been "Operation Thumbnail." I wish I had a bit more space. I'm a bit limited with background because all my walls have windows and you can't really film next to a window or it messed up lighting. Learning as I go!
I dont believe in living below your means if you ask me... it could trick your mind to stop doing well... maybe a new source of income will cut it.. I like a challenge!
Quite true! You don't necessarily need to be a flawless investor; all you need to do is seek advice from an expert. I began investing in 2020 and pulled a profit of roughly $900k that same year despite having no prior investment knowledge.
The coach I use is actually quite known, and her name is Emily Lois Parker She has a contact website, so you can just search her online because I cant't drop her number here.
2/10% split contribution for retirement is absolutely nuts. Maybe this is common in the states, but not here in Canada. That said, I've seen 5% match and 3% stocks. So, 8% total. You have to match the 5% though.
I like your videos, and I subscribe. I do not feel comfortable getting money for doing no work unless it was some kind of UBI, since everyone would get it from corporate taxes used to develop a better society. Somebody who does work is losing out when profits go to shareholders, and that is not good for society or anyone. Worker owned coops, where profits are shared or reinvested in the company if the workers choose, are something I feel better about.
I found some more passive income: Generally all the videos mention those and the same ways of passive income, here are others in my opinion: - selling everything I no longer need. Do I have an old watch that doesn't work? I'm selling. 10-year-old TV? Get rid of it immediately. I don't need the MMA protectors ? I'm selling. It's not income per se, but I have at least some of what I don't use. This makes me about $1,000 a year. - being on the board of the HOA/ paid public positions in your community or town that nobody really wants to do. It's a little bit of money, and you have to work a little bit, but it's extra money. Warning: these positions are usually held by very toxic and incompetent people, so don't promise anything until you officially get the position, and be prepared to fight/resign quickly. As far as the ETFs are concerned - yes it is passive by definition but at the price of risk, if you need the money, the investment may not do well and you may end up in loss.
this is probably the only video i've seen with passive income ideas that are actually realistic. most passive income videos are about publishing garbage books on amazon.
Hey Austin- Really great video! Your content is relevant, concise, and well laid out. Visuals you chose/provided are great too! You made really good points - One thing that would also be helpful is to tie it all together at the end by adding a quick summary of all 6 points you made. Also - why not include the link to the video you mentioned. I'm going to look that one up next now, but having a link would be even better! :)
are prefab homes a good idea? i'm not fan of living isolated in the middle of a forest. i kind like to have shopping center, public transports and hospitals. plus living isolated doesn't seems a very good plan for mental health.
*Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?*
Creating wealth and gaining financial freedom isn’t as difficult as lots of people think. Through the right information, building wealth and staying financially stable forever is way easy. Investing is the only true way to earn a great income and staying wealthy forever..
The first step to wealth creation, is figuring out your goals and risk tolerance - either on your own or with the help of a financial advisor. If you can get the facts about savings and investing with a well detailed plan, you should be able to gain financial security over the years and enjoy the benefits of managing your income.
That's great, your financial advisor must be really good, I have seen testimonies of people using the help of financial advisors in making them more financially stable. I just discovered his exceptional resume when I made a Googled search of his names online. I consider it a blessing that I discover this comment area!
I’m impressed by John Desmond Heppolette, professionalism and expertise in financial planning. He took the time to understand my financial goals and provided personalized recommendations that have proven to be successful, with his guide I make monthly returns from investing in assets and mutual funds..
John Desmond Heppolette has been a significant step in my financial life journey, providing valuable knowledge, actionable advice, and motivational content. His supportive community has boosted my confidence, work engagement and has inspired me to strive for excellence. His assistance is a secret weapon for great financial growth, and his online presence is a must-see for anyone looking to improve their financial situation.
Wouldnt it be better to invest in a global index fund like the All Countries World Index? There is also an economy outside of the US. If you live in the US and work in the US its maybe not a bad idea to have at least some of your investment outside of the US to not be fully dependent on one country
Well, many people right now are aiming for financial freedom! I do mine OXIT and hold it for the bull run I feel that this will give me a huge income. Also, they have NFT Fridays on where you can attend.
Lol slight critique for the ending. Those two men both have 0 dollars left over. One just invested his money in non-depeciative assets. In my experience, the person wasting his money on materials is happier at first. Lol
Yes, I have learned and continue learning through your videos and other and I been executing this great ideas in my life and I can see the positive results. Thank you!
If I’m self employed/have my own S-Corp and pay myself as a W-2 employee, can I do a 401-K match as the employer and invest also as an employee? Would that even be smart?
You can pay yourself, you have to do research to pay yourself a reasonable salary, but once thats done its a write off. Then start a (I believe it was called) SEP-IRA which is a retirement fund that you can also write off.
Awesome!! All of these seem approachable to me. I feel encouraged after watching this. Thank you Austin. I'm curious what the benefit is to the banks with high yield saving's accounts. Why is it so different than traditional banks?
Excellent video! Although, two on the list are directly related to working and so are limited to those that do certain work or work for certain companies.
None of your mentioned ideas are count as passive income, investment doesn’t count as a passive income, nor is spending less. They’re just some good ideas about saving
My passive income is at least $4k a month from investments. My expenses are at most $2k a month on average. I'm not doing any work at all. The market can change, and expenses can change so the future is never guaranteed, but odds are I needn't ever worry about money. Of course I worry about everything, and money is no exception.
Passive income comes in the name of OX! You're able to mine your own assets with the use of your phone and your own features is what sets you apart from others. Your likes and dislikes. Your preferences. It's amazing! Don't miss out on this!
Amazing video, we all truly have been poorly educated about passive income, I focus on AirBnB investing without banks, I would love to do a collaboration video with you, I think our ideas could really cross pollinate!
That's an exciting journey you're sharing! While your path may be different from my Airbnb investing strategy, the principles of financial freedom and smart investments remain universal. We run a faith-based channel that focuses on AirBnB rentals as passive income and believe our content aligns well with your audience. Let's explore collaboration opportunities that resonate with both our communities.
It’s not what you make it’s how you spend it. Sylvia Bloom was a master with this video content. What I struggle with… you live live a poor person and die with amassing 8$million. Somebody’s enjoying your money
Our nieces and nephews are good kids and will inherit what is left. We put money aside for nursing home care and life insurance. By the time we need that money, it will be there. We don't live frugally in order to piss it all away one day. We live frugally so that if we need it someday, it is there, and if we don't, they will receive it. We have categories of savings and investing including life insurance and senior care. We have a sizable chunk of cash in those categories. My husband is well aware I'm doing this. We live comfortably, not extravagantly because we are intelligent with our money.
I've been researching investment brokers and I'm really interested in working with someone trustworthy and reliable. With the recent market downturn I'm looking for a broker who can help me turn things around and make a profit Can anyone tell me about their experiences with any investment advisor..
I can vouch for Dustin Dwain King as well. I was skeptical at first, but I followed his advice, and within the first 6 months, I made around $380k. His strategies are solid, and he's been reliable.
I can confirm that Dustin Dwain King is a reputable investment broker. I started with him during a tough market period, and thanks to his guidance, I made over $150k within the first 6 months. He's definitely worth considering.
I've seen some excellent reviews online about Dustin Dwain King. While I haven't personally worked with him, the feedback from others seems overwhelmingly positive. It might be worth giving him a try based on what I've seen online.
Hey there! I've been working with Dustin Dwain King for the past 6 months, and I'm thrilled to say I've made over $350k in profits during that time. He's been fantastic at guiding me through the market ups and downs.
My job pays me 86k a year I make another 30k on the side, my wife does well too, I don't depend on my job they depend on me, I haven't been out of work in 30 years..I'm a plumber, get a real job and everything you said go's down the drain
You know what I wish UA-cam creators like you did? Monitor your damn comments. The spam crap is ridiculous. And personally, I feel it cheapens your channel’s character.
The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
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.
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.Thanks
Hey there! Just wanted to remind you that it's never too late to start taking your investment journey seriously. I remember struggling for years before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope, my friend.
Spot on. The market presents a lot of opportunities to create passive income, with the right skill and proper understanding you're good to go.
I make £84k/yr. No investment and I work from home. I need to do something quick. What can I do?
£84k/yr is not bad. If you're interested in good options, consider exploring cryptø. They offer potential growth. Just make sure to do your research and tlk to a consultant
I’m very much aware of the great benefits of working with a pro but I haven't found one for myself.
Oh! I found Olivia Charlotte Oswald on the CBNC market interview, looked her up and we began our partnership.
Money makes you more of what you already are as Dave Ramsey says. But money and having plenty of it takes one huge stress out of your world. Especially when your money is working as you sleep and pours in no matter what on a monthly basis. My passive income is much more then what I need and I literally have to reinvest it and at least 30-40 % on a monthly basis. I saved hard when I was young I worked as much o.t. When I was young to save. Then once I learned how to actually invest wow that change my life. Now it’s like a snowball that can’t be stopped no matter what mr market does thanks to my FA Emily Lois Parker.
Truly Stocks, ETFs and Mutual funds are the best investment decision you can make both short term and long term for steady money flow. Kudos
recently started in stocks and I don't mind investing a substantial sum, i'd like to know your advisor ?
@stanleyfujiwara Certainly, she goes by Emily Lois Parker…she's quite known, search her up for her info
@@tylerforeman667 WOW! I'm imoressed. Does she take clients in dubai because i would really love to get into this but i'm currently not in America. If she does take clients in Dubai then i would love to start small. How's 30k? just to test the waters
@@taylorgreen5908 she takes clients from all over the world ma'am. Goodluck👍
I’d say at this point, you gotta have cash on the side and exposure so that you don’t completely fumble during bearish times, just to come out with nothing but buying bags too high later on. Not a financial advisor, just my two cents of advice.
Strategic investment is important. My ideal investment is a varied portfolio that includes stocks, bonds, and ETFs. It gives excellent long-term return and has performed admirably thus far, with the assistance of an FA on the side. 10xing my portfolio in a few years does not seem too far-fetched to me.
Yes, hiring a pro totally makes sense competence surpasses ideas. 🔥
I could really use some guidance, haven't been doing so great as of late, who is this person that guides you?
All credits go to Lisa Ann Moberly, one of the best advisor out there. She’s well known, you should look her up.
I usually don't do well with online recommendations, but this Lisa advisor seemed to know her stuff, just went through her website and I booked an appointment.
Before you start investing, it's crucial to understand the basics of investing, different asset classes (stocks, bonds, real estate, etc.) and the associated risks. Are you investing for retirement, buying a home, or building an emergency fund? Your goals will help shape your investment strategy.
Don't put all your eggs in one basket. Diversification means spreading your investments across different asset classes (stocks, bonds, real estate) and within those classes (different companies or industries). This helps reduce risk.
I get stuck, how do you manage all this? My head starts spinning whenever I think about stocks.
if you're unsure about your investment choices or need personalised guidance, consider consulting with a financial advisor. They can help create a tailored investment plan.
Patience is key to successful investing. Over time, compound interest can grow your investments significantly, but it takes time to see substantial gains.
You are levels above other creators in terms of quality. You are grounded, realistic, and not the usual rubbish clickbait, cookie-cutter "passive income" content. Well done.
Great video!!
Thanks! I'm trying!
Seriously.
Awe Yes, also too I love when he'll be so serious & then out of the blue say something silly or crazy, like about upgrading his cooking skills to Chef Boyardee, I swear I crack up outloud. 🤦🤣😂💜
Frugal living has definitely been my best passive income maker. I earn the same, but have more left in the bank which I can put into higher yield savings accounts.
It's much easier than making money!
Same here
the problem with being frugal is planned obsolescence. per example you have for 20.000 $ of electronic devices who goes obsolete each 10 years, that means you have to spend 2.000 $ per year for maintenance. it's like a car. it worth 25.000 $ on year one, 12.500 year 4, and near 0.000 year 8. so having a car in this example costs 3.125 $ per year, because you need to spend 25.000 $ to buy a new one each 8 years. so the less technology you have in your life, the richer you will be.
I've been kind of fooled by so many passive income videos lately, but this video by Agustin is not clickbait. Thank you 🙏
i searched passive income and just scrolled until i found something that doesn't look like scam
What are some other passive income ideas that normal people can do?
I hope you’ll make an active extra income video next! Aka side hustle central. We do all of these passive things except the video production as well as selling our data via apps. We feel like we are maxed out on passive income basics and need to up our game now.
I keep my emergency savings in a High Yield savings account. the amount of interest made at the end of the year is enough to make an extra payment on my mortgage each year.
I prefer spending less money over working more
Me too!
Me too.
I don't watch fear based videos. They annoy me no end. Videos that say the banks are going to crash in September are ignored by me. I will keep investing in my ETF'S and watch myself make money daily.
Thanks for this. I'm already doing everything outlined in this video except for Evergreen UA-cam videos and the wife thinks I need to do more even though she estimates we will retire early. And so I'm trying to do more...
i always watch your videos for motivation austin..........keep it up
Thank you!
nicely down breakdown.....good stuff. Have a terrific weekend El Augustin😊
You too!!
Thanks for this great advice! One of the best passive income videos I've seen so far. On another note: The 401k plan ... funny how it works in different countries! For us in Europe it's completely normal the we as employees and our employers contribute a certain percentage of our income to our retirement fund, next to the fact that we have a working healthcare system.
The idea of index investing is like planting seeds that grow into a money tree without having to break a sweat.
Love it! I don’t make UA-cam videos, but I do all of the rest! Being frugal, 401k match, high yield checking and savings accounts, investing in index funds, and making some dividends (which we auto-reinvest). Another thing I like to do that’s mostly passive is receipt scanning. I make about $250/year just snapping my receipts or giving these apps access to my inbox receipts. Also my work offers $75/quarter for your health data meaning my Apple Watch paid for itself in under a year and the last 2 years has been making me $300/year by granting my work (medical campus) access to my health data via the watch.
What program or app do you use for the receipt scanning? I'm interested in doing that.
I like Fetch the best because it's easiest and fastest.@@DavidDavisDH
@@DavidDavisDHI use IBotta and Fetch if that helps!
A lot of dividend companies have dividend reinvesting which results in compounding so your dividends and value increase over time.
I like your last passive income idea. Living below your means can actually bring a lot of benefits to your future especially during your retirement years.
All your content is evergreen.
With your help I earned a lot of money. Thank you for this!!!!!!
Hey Austin, I got my first dividend today. I made my first investment on 4th of August this year.
I also put my money on a flexible high yield savings account… which pays me interest every day!
I am so proud …
Thanks again for putting this information out there.
You and all of the other You Tube content creators who explain finances, changed my life.
I am getting there.. slowly but surely. There is hope. 😊
Thumbs up 👍
How does one buy stocks lol
I’ve been watching you all along, and I can really see how you keep improving. Even though I also enjoyed and agree with them all.
I appreciate it! Lately it's been "Operation Thumbnail." I wish I had a bit more space. I'm a bit limited with background because all my walls have windows and you can't really film next to a window or it messed up lighting. Learning as I go!
I dont believe in living below your means if you ask me... it could trick your mind to stop doing well... maybe a new source of income will cut it.. I like a challenge!
yes very true... there is a whole lot of money online than offline in these modern time
Quite true! You don't necessarily need to be a flawless investor; all you need to do is seek advice from an expert. I began investing in 2020 and pulled a profit of roughly $900k that same year despite having no prior investment knowledge.
i have been making moves. but it isn't working may i know the expert you work with?
The coach I use is actually quite known, and her name is Emily Lois Parker She has a contact website, so you can just search her online because I cant't drop her number here.
Thank you for this. I'm gonna check her out and try to reach her. I hope she gets back to me before my portfolio is completely gone.
2/10% split contribution for retirement is absolutely nuts. Maybe this is common in the states, but not here in Canada. That said, I've seen 5% match and 3% stocks. So, 8% total. You have to match the 5% though.
I like your videos, and I subscribe. I do not feel comfortable getting money for doing no work unless it was some kind of UBI, since everyone would get it from corporate taxes used to develop a better society. Somebody who does work is losing out when profits go to shareholders, and that is not good for society or anyone. Worker owned coops, where profits are shared or reinvested in the company if the workers choose, are something I feel better about.
I found some more passive income:
Generally all the videos mention those and the same ways of passive income, here are others in my opinion:
- selling everything I no longer need. Do I have an old watch that doesn't work? I'm selling. 10-year-old TV? Get rid of it immediately. I don't need the MMA protectors ? I'm selling. It's not income per se, but I have at least some of what I don't use. This makes me about $1,000 a year.
- being on the board of the HOA/ paid public positions in your community or town that nobody really wants to do. It's a little bit of money, and you have to work a little bit, but it's extra money. Warning: these positions are usually held by very toxic and incompetent people, so don't promise anything until you officially get the position, and be prepared to fight/resign quickly.
As far as the ETFs are concerned - yes it is passive by definition but at the price of risk, if you need the money, the investment may not do well and you may end up in loss.
*best evergreen video ever
Great content! Investing is surely a great way to GO!.. I started with less than 120k in 2021 and today I own a 7-figure portfolio from Stocks and Fx.
this is probably the only video i've seen with passive income ideas that are actually realistic. most passive income videos are about publishing garbage books on amazon.
And writing a book takes years to do, lol.
Money making interest and dividends 24/7 even while sleeping is the best. Passive income is awesome.
Hey Austin- Really great video! Your content is relevant, concise, and well laid out. Visuals you chose/provided are great too! You made really good points - One thing that would also be helpful is to tie it all together at the end by adding a quick summary of all 6 points you made. Also - why not include the link to the video you mentioned. I'm going to look that one up next now, but having a link would be even better! :)
I appreciate the feedback!!
are prefab homes a good idea? i'm not fan of living isolated in the middle of a forest. i kind like to have shopping center, public transports and hospitals. plus living isolated doesn't seems a very good plan for mental health.
might I add that you might need to save rapidly in order to keep up with the depreciation of currency
*Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?*
I'm a beginner. How can i reach out MRS Suzy Winslet?
Her management team is quite impressive so far.. with my $4k deposit I've made over $18k.
My day is always better went i listen to you. Thank you for your video clips much appreciated
In other words. In order to generate money without working, you must save part of your income and invest in stocks.
Excellent video!!! Well worth watching & saving.
Plus, the compound interests in that $750 dividend IS life changing come retirement!
Creating wealth and gaining financial freedom isn’t as difficult as lots of people think. Through the right information, building wealth and staying financially stable forever is way easy. Investing is the only true way to earn a great income and staying wealthy forever..
The first step to wealth creation, is figuring out your goals and risk tolerance - either on your own or with the help of a financial advisor. If you can get the facts about savings and investing with a well detailed plan, you should be able to gain financial security over the years and enjoy the benefits of managing your income.
That's great, your financial advisor must be really good, I have seen testimonies of people using the help of financial advisors in making them more financially stable. I just discovered his exceptional resume when I made a Googled search of his names online. I consider it a blessing that I discover this comment area!
I’m impressed by John Desmond Heppolette, professionalism and expertise in financial planning. He took the time to understand my financial goals and provided personalized recommendations that have proven to be successful, with his guide I make monthly returns from investing in assets and mutual funds..
John Desmond Heppolette has been a significant step in my financial life journey, providing valuable knowledge, actionable advice, and motivational content. His supportive community has boosted my confidence, work engagement and has inspired me to strive for excellence. His assistance is a secret weapon for great financial growth, and his online presence is a must-see for anyone looking to improve their financial situation.
Damn spammers
Wouldnt it be better to invest in a global index fund like the All Countries World Index? There is also an economy outside of the US. If you live in the US and work in the US its maybe not a bad idea to have at least some of your investment outside of the US to not be fully dependent on one country
Love your channel, thanks
Thanks for sharing.👏🌹💯
I appreciate all your content, Austin🎉 I watch all your ads too😊
Well, many people right now are aiming for financial freedom! I do mine OXIT and hold it for the bull run I feel that this will give me a huge income. Also, they have NFT Fridays on where you can attend.
Lol slight critique for the ending.
Those two men both have 0 dollars left over. One just invested his money in non-depeciative assets.
In my experience, the person wasting his money on materials is happier at first. Lol
Thank you 🙏🏼
Thanks for sharing these great ideas.
Yes, I have learned and continue learning through your videos and other and I been executing this great ideas in my life and I can see the positive results.
Thank you!
If I’m self employed/have my own S-Corp and pay myself as a W-2 employee, can I do a 401-K match as the employer and invest also as an employee? Would that even be smart?
You can pay yourself, you have to do research to pay yourself a reasonable salary, but once thats done its a write off. Then start a (I believe it was called) SEP-IRA which is a retirement fund that you can also write off.
Fantastic once again!
Thanks alot for this great information
Awesome!! All of these seem approachable to me. I feel encouraged after watching this. Thank you Austin. I'm curious what the benefit is to the banks with high yield saving's accounts. Why is it so different than traditional banks?
I think they are just trying to draw customers in so the banks have more money to invest.
Excellent video! Although, two on the list are directly related to working and so are limited to those that do certain work or work for certain companies.
Great video
Excellent 👌 video
Genial el vídeo, Agustín 👍
good stuff!
Well done!
None of your mentioned ideas are count as passive income, investment doesn’t count as a passive income, nor is spending less.
They’re just some good ideas about saving
My passive income is at least $4k a month from investments. My expenses are at most $2k a month on average. I'm not doing any work at all. The market can change, and expenses can change so the future is never guaranteed, but odds are I needn't ever worry about money. Of course I worry about everything, and money is no exception.
Be a broker to start your next boss or something.
What if you are not normal? I live part time in a padded room
Passive income comes in the name of OX! You're able to mine your own assets with the use of your phone and your own features is what sets you apart from others. Your likes and dislikes. Your preferences. It's amazing! Don't miss out on this!
Austin, I understand you like to get comments but you really should take down the bullshit scam investor with Joanne Claire comments
Well done Austin 👍
I’m just getting into index funds. I wish I knew about this when I was 20! 🧡 🐪
Well, I at least hope you at least turned it up in your 20s!
As always, another great and informative video.
Gracias!
Who can I pay to just do this 4 me
Amazing video, we all truly have been poorly educated about passive income, I focus on AirBnB investing without banks, I would love to do a collaboration video with you, I think our ideas could really cross pollinate!
That's an exciting journey you're sharing! While your path may be different from my Airbnb investing strategy, the principles of financial freedom and smart investments remain universal. We run a faith-based channel that focuses on AirBnB rentals as passive income and believe our content aligns well with your audience. Let's explore collaboration opportunities that resonate with both our communities.
and u tube vids
It’s not what you make it’s how you spend it. Sylvia Bloom was a master with this video content. What I struggle with… you live live a poor person and die with amassing 8$million. Somebody’s enjoying your money
Our nieces and nephews are good kids and will inherit what is left. We put money aside for nursing home care and life insurance. By the time we need that money, it will be there. We don't live frugally in order to piss it all away one day. We live frugally so that if we need it someday, it is there, and if we don't, they will receive it. We have categories of savings and investing including life insurance and senior care. We have a sizable chunk of cash in those categories. My husband is well aware I'm doing this. We live comfortably, not extravagantly because we are intelligent with our money.
I've been researching investment brokers and I'm really interested in working with someone trustworthy and reliable. With the recent market downturn I'm looking for a broker who can help me turn things around and make a profit Can anyone tell me about their experiences with any investment advisor..
I can vouch for Dustin Dwain King as well. I was skeptical at first, but I followed his advice, and within the first 6 months, I made around $380k. His strategies are solid, and he's been reliable.
I can confirm that Dustin Dwain King is a reputable investment broker. I started with him during a tough market period, and thanks to his guidance, I made over $150k within the first 6 months. He's definitely worth considering.
I've seen some excellent reviews online about Dustin Dwain King. While I haven't personally worked with him, the feedback from others seems overwhelmingly positive. It might be worth giving him a try based on what I've seen online.
Hey there! I've been working with Dustin Dwain King for the past 6 months, and I'm thrilled to say I've made over $350k in profits during that time. He's been fantastic at guiding me through the market ups and downs.
❤❤❤❤❤❤
My job pays me 86k a year I make another 30k on the side, my wife does well too, I don't depend on my job they depend on me, I haven't been out of work in 30 years..I'm a plumber, get a real job and everything you said go's down the drain
FAKe
Lol define normal
You know what I wish UA-cam creators like you did? Monitor your damn comments. The spam crap is ridiculous. And personally, I feel it cheapens your channel’s character.