WATCH THIS Before Building Multiple Income Streams
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- Опубліковано 2 жов 2024
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I believe the wisest decision that should be on every individuaI Iist is to invest in a different stream of income and don't depend on the government to bring you money. It's aIways better to work smart and not hard.
That's perfectly correct, you don't have to depend on paid jobs to earn a living, explore other good and reliable ways of creating wealth no matter what most people say about diddle.
I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.
Hmmm this is quite interesting, Please can you leave the info of your investment advisor here? I’m in dire need for one.
Julianne Iwersen-Niemann is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Focus is on one thing at a time. Grow it build it and once it’s sustainable. Then turn around build the next stream of income.
Exactly 👏🏽
Absolutely.
Noted
That’s the greatest take away from this video💯💯
That’s why I’m focusing on building a month worth of savings. Once I’ve built a decent amount and I’ve taken care of my major expenses, I’ll look at investing.
2:58 Scalability and Growth
3:18 3 categories
3:35 3:59 5:20 Jobs
5:57 Automate
3:43 5:28 Independent Contractor
3:48 5:34 Business Owner
7:02 Combo (Side Hustle)
7:38 Real Estate
6:48 Grey Area
8:00 Investments
9:25 A strategy for investing
11:36 Dedicate
good resume
Thanks!
Focus on one simple strategy that can be easily escalable and THEN diversify.
100% agree!
100%
The goal of creating multiple income streams should be to maximize your potential in each category available to you.
some millenials fail to do one thing right which is invest. I made my first million from blue chips and top etfs but when my new friends ask me how i made my money and i tell them etfs and passive income investing the all look clueless but they all know the new mercedes benz, bmw and dodge challenger that dropped last year, it's crazy, so much useless info!! anyways i invested and then reinvested my profits, i also acquired large amounts of high paying dividend stocks that gives me a solid base of passive income and also i owe all these knowledge and financial advice i'm giving you on this channel to James Fletcher Brennan, my personal Financial advisor, he"s been handling my portfolio for 2 years and he still surprises me with his insider knowledge
that's quite impressive, you surely made a good bit of money
as for me I have personal stake in either using their products or lots of people in my circle who do. APPL, TSLA, NVDA. Along with ABBV and KO when I focused on dividends
he really seems to know his stuff. I also found his online page and read through his resume, educational background, qualifications and it was really impressive. he is a fiduciary who will act in my best interest. So, I booked a session with him
funny enough you're not wrong, i can't tell you how many times i lost money off my pension just because i didn't have proper guidance, always nice to hear from a fellow investor. Goodluck!
i tried to teach my kids the power of investing too but i guess they'd rather just spend their money on stuff that don't matter but what can i do i just pray for them and hope they learn and do better. i still love them regardless!
Starting multiple fires with no lighter is no more difficult than one. You start the first fire the hard way then use a stick from it to start the others.
Maybe you can do “how to” on building a real estate portfolio? Build it using an LLC? Different LLCs for different property types? How many should you have in portfolio? Property management companies? Tax structure? Just an idea.
I am currently working on turning $20k into 500k then $1m. So far at $120k..... I really like this guy because he's like my analyst, focuses on the market all day, read charts, observes the world around him and trust to deliver outstanding results, that's how I've been investing and growing my money without ever sitting in front of a computer
Great, what exactly are you invested into to generate ROI. I am researching passive and safe investment options for long and short term
Many people have become millionaires trading because with the leverage invovled in options trading, people can make a fortune or lose it all very quickly
@@riviera9383 Yes, Stocks but I don't have the skill and time to trade or analyze the market, a senior analyst Mr ravies handles my trades
@@Pauliy1 how can I approach him for his help, can I have his number
I also trade under Mr Ravies and trust me when I say he has really changed my life for the better, from working two jobs to making close to 10k monthly
By far one of the BEST videos ALUX has done! I only wish I had known this 40 YEARS ago!
That's True... Sometimes people come to me and offer other opportunities. I tell them every time, I have to Focus on my Business first and when it scale up, then I can see other opportunities. FOCUS means Follow One Course Until Successful...
Really good
@@kalaitindubokenneth1739 THE WINNER agrees 👍
I used to start too many things at about the same time and not get much done. Many of these income stream ideas feel a lot like that to me.
I know successful people with 1 stream of income because their skill and education is enough. They can get another "stream of income" with pension or investments..or even buying another property to rent out. They do not have to have multiple streams to become "wealthy". Dont believe me? Look at CEOs, CFOs, COO, Doctors, Lawyers..etc etc...I can go on and on.
Well these videos are made for those who are not good in schools and colleges.
So this is the one advice I have waiting for my entire life! Thank you Alux!
"NOTHING IS IMPOSSIBLE, THE WORD ITSELF SAYS I'M POSSIBLE " -Audrey Hepburn----
The markets are been propped up by the FED printing money with NO limit. Every time the Market blips down the FED dumps cash into the dip.
I feel like nobody ever mentions the most important aspect of generational wealth building. You have to be able to protect your investment. Don't buy it if you may, at some point, be forced to sell it. You HAVE to be able to exit on your terms.
Starting out with a with a professional that knows the ropes of the choppy but profitable market is the best way to achieve getting a well structured portfolio. That's why I have been working with 'Romilly Lucia gray' and that doesn't make me daft because in financial dealings one have to be prudent. Most traders enter exit with a quick 10% profit which is not bad in a general opinion but why not aim higher, it doesn't necessarily mean to be greedy
@@toryburch4380 i am approaching retirement & i think this is the last window of opportunity for me to become a millionaire before retiring, as Recessions and downtrands are where millionaires are created. Currently have some lump sum in a savings account and will like to work with a fiduciary financial advisor to achieve my goals. Please how can i reach Romilly?
I am guided by ROMILLY LUCIA GRAY I found her on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.
That's why being informed pays off. I see any market condition as an opportunity, so far I'm only dollar cost averaging. I have amassed over £321k so far in 2022 as gross earnings under the guidance of my financial advisor "Romilly Lucia gray". I don't pay attention to the daily movements, the returns have been good. I'm not retiring anytime soon, so who cares what happens today?
I needed to see this video today. Though I will need to watch again later cause I might forget cause life get so hectic and I get frustrated with what is going on. I try to remember to clear these misconceptions and ideas I have from stuff I have listened to.
Why did you stop saying " the place where future billionaires come to get inspired"? I want it back Alux
Wow just watched a massive advert unsubed
This is the best video alux ever did... And that's saying alot
Cultivate one stream of income to its absolute max before moving 2nd, 3rd streams.
I am planning about multiple sources of income just few minutes ago and then this video comes - coincidence...
Can someone explain why I would buy art when people are losing money and therefore wouldn’t want to buy art? I’m not hating. Just a serious question
Invest as much as your willing to lose
I been saying this for years!!!!!!! Never never never build another income stream without successfully building the first one first!
Oh you guys changed it! You guys are the best!! Thank you 🥰😁
Alux is truly the best channel on UA-cam!
Really Insightful 👏🏼👏🏼👏🏼
Seeking other income streams now! Thank you Alux!
6:12 Thanks for putting my city in your vid 🤩 I even know what suburb, judging by the bridge on the left side.
Another helpful video Alux. Thank you so much. Please make a video about forex trading. Thank you in advance.
Haha next:talk about the people who already built it but cannot fulfill all of 👑those or...🕳holes who kill it before people got to explore adore..etc
#eminem 😏 #rights for #universe
#fairshare #constitution constitutional amendment.. #blessings upon y'all and again after my downfall...
Okay you keep promoting telling me art is reception proof just to get money from promotion you don't lose watchers by
Ah! I am among the ones who automating my job without my boss knowing it. And, I'll be doing something else about my financial growth.
Since index funds grow with time, should we start investing in it right away even a small amount? Or should we build a 6-figure business first?
Both!
Thanks for sharing this wisdom. Very helpful!
I really don’t like the fire analogy because if you build one fire you can use that fire to lite the other 3.
This was very useful. Thank you
Thank you ALUX For your videos. Its very informative. Now I know about masterworks.❤❤❤
All these channels pumping art investing means once it peaks they will have record losses. When that happens they won’t pump it and that will be the time to get into it. Perhaps 2024 if 2023 was the crash
For stocks investment, buy trackers or investment trusts. You get lower returns but without putting in any time and get a spread of risks.
So if I’m an artist how do I become a blue chip artist???
*LOVE YOU ALUX!!!*
How about if you are retired. With extra money. How to multiply it?
With out working
I'm DCAing in Blcktken300 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
-> 🤔 Maybe We're The 1st Spiritist* Pop-Metal Or Rock Band In This World...
But Don't Pay Much Attention To Our Neanderthal English, HaHa ❤ HaHa
*NOTE:
-> Spiritist is who professes Spiritism, the Gospel continuation
It has began with the books by Allan Kardec and continued in the books by Francisco C. Xavier, the greatest and more important medium/prophet of spirits of the last centuries.
Men always be aware divorce is always a treat and plan yourself. Women change and menopause is the time to watch out.
Hey @Alux, why did you stop saying you signature sentence... "the place where future billionaires come to get inspired"?
7 streams? Good lord!
Truly love your candidness, I DCAed today again for BTC Blcktken300 and ETH
All of them are fine picks. But they can't match the vision and purpose of Blcktken300 at any point, big difference.
You don't get rich with multiple streams of income you stay rich...whats the difference?
7:40 did anybody notice that this is a map of Toronto? 😄
That's a solid list! I'm also big on Blcktken300 , avalanche, algo, and matic too.
Passive aggressive income marketing P.A.I.M.
🙏🏿
Very, very true ...
I doubt that the person who prepared this video rich person or not. if she is a average person, it is total waste of time
This just came out 5 days better late than never I guess 😅but noted 📝✅
Not always making $100k you need to be under high position as manager or so, many of IT positions could make above of this amount after only 5 yrs. Experience or less!
How can we pay with local currency, we can't pay for things from Nigeria anymore. Please help
I love Masterworks! Thank you for the introduction/inspiration.
Moonlighting is the best second income stream.
What about being a doctor and a starting neurosurgeon how can you build multiple income stream
Oh I missed this video
Belive in yourself
This is exactly what I needed. Thank you
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This time ,info is very poor and contradictory, sorry
Kinda makes sense.
Present!
narrator can't say watch 15 videos in alux channel daily before building multiple income streams?
🙏🏿
9:58 Recession Proof (Art)
👀
This concept is known as " Spawners ".
Thanks for sharing
Everyone, if we have $ 1000, which is company available for investing in stock market?
Can't go wrong with QYLD.
Check it out. It could make the first million in 6 years
Got to check it out right here
Great analogy.
🧡🤍💚🥰 from LEO 👍🙏🇮🇳
Dang this fire analogy makes so much sense now I shouldn’t have started multiple UA-cam channels but maybe all of my fires will combined to a big bonfire soon you never now
Really great advice🙏
🙏Please do make video on multiple source income for peoples who do jobs from (9 to 5)!!! 🙏
Start a side hustle with your free time
Why the voice sounds so artificial and robotic today?
Thank you ALUX, the picture with one big fire and the four small fires will probably remain in my mind forever😉 and maybe one day a Banksy will be not only there
Needed this
thank you
😶🌫️🥂
For most people, their primary salary is their main income stream. In fact, I think everyone starts this way (if you didn’t, I’d love to hear your story!).
I started freelancing because nobody wanted to hire someone in accounting with no experience. The problem with this freelancing work was that summer time was with almost no income. So I started learning programming hoping to get some summer projects. It turned into a fulltime job as a JavaScript/React developer. I still hold onto my freelancing work. I hope I'll get a third stream of income in the future - an apartment to rent. I'm also interested in buying gold. But I'll wait for the prices to go a little lower.
I know EXACTLY what ur saying.
This is top-notch in every aspect. I read a book with similar content, and it was top-notch. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
I know it might be irrelevant but where the ALUX LADY AT !?
This is the best video
Whats with this lady's tone lol
Subscribed
good
❤️
10:15 that has been proved to me a scam lmao
Not explain, nothing! Just bla bla bla ZERO! Stocks always only for scammers! Never touch stocks, anyway You loose