What is REAL Wealth?
12:26
Күн бұрын
Пікірлер
@sonlanos
@sonlanos Күн бұрын
that's a precious content .. big thanks kenny
@tomateeee33
@tomateeee33 Күн бұрын
I am from Argentina, and we have bimonetary economy much different to US. If currency manipulation brakes and the dollar spikes all carry trades in the world are over and is a big game over .
@AA-rc4zr
@AA-rc4zr Күн бұрын
I am not aware of any lender that would allow loan pass over (assuming the loan) to a new buyer. How does that work?
@tomateeee33
@tomateeee33 Күн бұрын
Stagflation
@brandygonzalez9300
@brandygonzalez9300 Күн бұрын
If you could let the lady speak a little longer without interrupting, that would be great, with all due respect. Thank you..
@Growth_Stock_Life
@Growth_Stock_Life Күн бұрын
The woman seems slightly clueless
@douglasthompson9482
@douglasthompson9482 Күн бұрын
As a reasonably wealthy person….very simple. Buy quality, buy it once, don’t follow trends. Obtain intrinsic items only. Do opposite to everyone else….simple. Also use cash only, no debt, live below your means, fix your own car and personal home items. I live in Canada….no inheritance tax too. I have done very well working two jobs for 26 years and retired early….now my investments and pension is far more than I need. 😀
@Joeknowsball247
@Joeknowsball247 Күн бұрын
Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.
@AaronTilt
@AaronTilt Күн бұрын
True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
@Arnold-ic9jg
@Arnold-ic9jg Күн бұрын
This is why I entrusted a fiduciary with my investment decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
@camille_ann3
@camille_ann3 Күн бұрын
Oh I've heard similar things about hiring an advisor. It's hard to choose one that's very good though. Could you make some useful recommendations?
@Arnold-ic9jg
@Arnold-ic9jg Күн бұрын
I'm cautious about giving specific recommendations since this is an online forum and everyone situation is unique, but I've worked with “Judith Lynn Staufer” for years and highly recommend her. Look her up to see if she meets your criteria.
@camille_ann3
@camille_ann3 Күн бұрын
Thanks for sharing. I searched her full name and found her website instantly. After reviewing her credentials and conducting due diligence, I reached out to her.
@rfink222
@rfink222 Күн бұрын
" For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs."
@Maria-b1r4i
@Maria-b1r4i Күн бұрын
Thanks for the analysis! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
@amerikanskayapravda
@amerikanskayapravda Күн бұрын
BRICS arose because people are sick and tired of American aggressive politics.
@V.stones
@V.stones Күн бұрын
Financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.
@V.stones
@V.stones Күн бұрын
Working with professionals who have expertise and experience in the market can provide valuable insights and guidance to navigate volatile times.
@camela8445Mar
@camela8445Mar Күн бұрын
Honestly this cannot be overemphasized, helping people mitigate unforseen circumstances and mistakes .It's always good to have a financial plan,
@camela8445Mar
@camela8445Mar Күн бұрын
No doubt diversification cannot be overemphasized, making smart plans and setting up diversified investment portfolios is quite essential.
@Sanchyfab
@Sanchyfab Күн бұрын
Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.
@Sanchyfab
@Sanchyfab Күн бұрын
Consider diversifying your portfolio with a mix of stocks and stable assets. Seeking professional advice now could provide valuable insights and strategies to navigate market uncertainties and protect your investments.
@theodoroseidler7072
@theodoroseidler7072 Күн бұрын
A small quirk with the reasoning: if Trumps policies produce inflation (and they should) even though the loan has a fixed 7% interest rate, if rates go up and the country enters a recession (assuming it isn't in one already) the NOI should go down, which also causes the banks to reevaluate the property. I would only do this if I had money set aside to payoff the debt.
@theodoroseidler7072
@theodoroseidler7072 Күн бұрын
First rule of realestate investing: leverage works both ways.
@zhenshan456
@zhenshan456 Күн бұрын
this course is $5k only 20 minutes video non-refindable (watch! bury under bottom of their short vedios). Basically it's teach you how to open a store. She is not operator she have an operator partner. She have no idea how to operate the store. The course is ascam. I purchase only because I trust Ken but seems he endorse greedy people.
@williamgraham822
@williamgraham822 Күн бұрын
This! I am subscribed now.
@lisachick8934
@lisachick8934 Күн бұрын
It’s really difficult for me to take her seriously. The way she dresses is not professional and so when talking about something so important, I can’t help but think that she is not taking it as seriously as she should. No doubt men don’t mind. Lol.
@Jakepattison42
@Jakepattison42 Күн бұрын
It's a bit annoying and unfortunate. When i was born, the national debt was $2,150 per person. Now it's over $100,000 per person. And I'm not even that old. It's truly alarming and best advice get out of debt, make regular investments and be debt free and financially stable.
@jeffDwyer1
@jeffDwyer1 Күн бұрын
Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert.
@Pconradsmith
@Pconradsmith Күн бұрын
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my Financial advisor are working on a 7 figure ballpark goal, tho this could take till 2025
@CindyValenti
@CindyValenti Күн бұрын
This is definitely considerable! think you could suggest any advisors i can get on the phone with? I'm in dire need of proper portfolio allocation
@Pconradsmith
@Pconradsmith Күн бұрын
Annette Christine Conte is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
@CindyValenti
@CindyValenti Күн бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@Booker.T
@Booker.T Күн бұрын
The great tulip mania.
@JaimeIbanez1
@JaimeIbanez1 Күн бұрын
Higher tariffs = more jobs = better economy = stronger dollar = cheaper goods That’s the deflationary effect he’s trying to put in words Back to Regan years baby 🇺🇸🤑
@almostfamous791
@almostfamous791 Күн бұрын
The average person is not taught money or finance...stop blaming the average person.
@JWFitness1
@JWFitness1 Күн бұрын
8:00 I disagree with George about the dollar over the long term. Yes, the supply of dollars will decrease, but so will the demand. BRICS will cover over 3 billion people who will NOT be using thr dollar.
@jacobhightree2458
@jacobhightree2458 Күн бұрын
Dave ramsey says no 😅
@tedbarela7686
@tedbarela7686 Күн бұрын
Where is a good place to purchase gold?
@wernerfoerster3666
@wernerfoerster3666 Күн бұрын
I wont watch or subscribe to a channel that allows comments to be a launch pad for scammers luring people to fake financial advisors ... Police your Channel!!
@darlabutler7596
@darlabutler7596 Күн бұрын
Ken, appreciate your information. Can you help with all the NEW ways to finance with today's new real estate game, repost, tax leins, ect. Thanks
@charlesshannon7705
@charlesshannon7705 Күн бұрын
Hard for me to understand the dollar rating in value if the demand lessens and brics demand increasing.
@ivanangeli
@ivanangeli Күн бұрын
24:40 my ex told me a samrt thing "dedovina" (meaning what your grandfather owned) is not yours, it is your kid's. You role is to enlarge it and give it to them. Not to spend it.
@diydarth
@diydarth Күн бұрын
Brics don’t have a chance of replacing the dollar. But I agree you shouldn’t hold more cash than simple spending money. Index funds are a great long term tool to own companies passively.
@rd9102
@rd9102 Күн бұрын
Understanding money is NOT that difficult BUT most Americans would rather watch the Kardashians than understand the Dollar or finance. They would rather be entertained and complain about not having money/resources than they would study a topic and become intelligent about it.
@mikethomas6715
@mikethomas6715 Күн бұрын
I love this show
@mikethomas6715
@mikethomas6715 Күн бұрын
I don't think a 401k is all that bad. I see it as steady part of your retirement plan. If you can work to make it only 10-15% of your retirement plan you should be ok.
@chickengod9184
@chickengod9184 Күн бұрын
I am admittedly in the top 5% and can tell you that it's not really what it is stacked up to be in the perceptions of a lot of people. I drive a toyota, eat healthy food and live in a nice house but it's not a castle. I spend about 25% of my monthly income on my cost of living expenses. It's really not how they make it look in the movies and on TV and people that try to live that way are going to end up broke if they aren't already. It will never make you feel better or happier just help you handle emergencies when they come up sometimes. That's all.
@westganton
@westganton Күн бұрын
Same boat, but beyond the stress that financial security has removed from my life, wealth isn’t good for much outside of funding causes that you believe in or helping other people out
@gregoryboshko2820
@gregoryboshko2820 Күн бұрын
Only three things you can do with money: 1) Spend it. 2) Invest it. 3) Give it away.
@Greg-n5r8o
@Greg-n5r8o Күн бұрын
I read a comment from someone who bought NVDA shares in 2016 based on Cramer's advice, which underscores the value of information and insight. I believe AI is on the verge of a new phase, and I plan to invest my $260k savings to capitalize on substantial gains.
@Resmith18S
@Resmith18S Күн бұрын
Absolutely crucial in the stock market: information, insight, and predictability. As an early investor in NVDA, AVGO, ANSS, and LRCX, my finacial advisor guidance was invaluable.
@LeepinLeopard
@LeepinLeopard Күн бұрын
People often underestimate the importance of financial advisors. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $2 million portfolio, largely from early investments in AI and other growth stocks.
@wealthychronicle-i1u
@wealthychronicle-i1u Күн бұрын
I have cash in the bank that I want to invest in the stock market, but I'm worried about choosing the wrong stocks. Could you refer me to your financial advisor?
@LeepinLeopard
@LeepinLeopard Күн бұрын
I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "SONIA NUNES DEMELO for years and highly recommend her. Look her up to see if she meets your criteria.
@LeepinLeopard
@LeepinLeopard Күн бұрын
There are a handful of CFAs out there. I've experimented with a few over the past years, but I’ve stuck with SONIA NUNES DEMELO for some years now, and her performance has been consistently impressive. She’s known in her field-look her up.
@stevehansen7895
@stevehansen7895 Күн бұрын
Can’t keep your money if you waste it on lip filler and tacky shirts. 😂
@yvonnehyatt8353
@yvonnehyatt8353 Күн бұрын
Please study- Wealthfactory and The Rockefeller’s method thanks
@DonaldMark-ne7se
@DonaldMark-ne7se 2 күн бұрын
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
@Jamessmith-12
@Jamessmith-12 2 күн бұрын
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
@kevinmarten
@kevinmarten 2 күн бұрын
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
@JacquelinePerrira
@JacquelinePerrira 2 күн бұрын
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
@kevinmarten
@kevinmarten 2 күн бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@JacquelinePerrira
@JacquelinePerrira 2 күн бұрын
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
@HeleneScott-s2t
@HeleneScott-s2t 2 күн бұрын
This video is very informative, but it would be better if you talked about real money. Talk about Elizzarda; it's real money every day. What you're discussing doesn't seem as cool
@dialecticalmonist3405
@dialecticalmonist3405 2 күн бұрын
Money = accounting It is NOTHING else.
@TheDeyanator
@TheDeyanator 2 күн бұрын
Yess do one on the wealth transfer.
@srirampadmanabhan3648
@srirampadmanabhan3648 2 күн бұрын
This is one of the most significant advice! This is transformative, thank you for sharing and pointing out how we can become a better version of ourselves and see that positively impact in the material world too
@klime938
@klime938 2 күн бұрын
Actually you can print realestate
@LindaWallace-o7q
@LindaWallace-o7q 2 күн бұрын
You're doing a fantastic job! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
@formekinetics691
@formekinetics691 2 күн бұрын
If BRICS is successful...dollar might grow stronger but only if there is still a demand. If the dollar devalues beyond trust..it will fail.
@bryanjackson31
@bryanjackson31 2 күн бұрын
Thanks you
@fredwebster1091
@fredwebster1091 2 күн бұрын
what if your house is a duplex that throws money at you every month? is that an asset?
@johnnyb33good21
@johnnyb33good21 Күн бұрын
Yes a duplex is an asset.
@timothywilson3253
@timothywilson3253 2 күн бұрын
Damn it ! Ken was getting ready to say specificlly what those few things are until you know who ( numero uno sidekick) interupted aka caught the ball before Ken dropped it. I guess thats what makes them a power couple 🕵️ 🧐👀🥺
@Ring0--
@Ring0-- 2 күн бұрын
This is a commercial for NewBs.
@dalee580
@dalee580 2 күн бұрын
I heard may people with money are waiting with a boat load of cash or bonds in order to cash in on the real estate debt crisis.