15 Money Secrets from the World's Wealthiest People

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Alux.com

Alux.com

Күн бұрын

15 Money Secrets from the World's Wealthiest People
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In this Alux.com video we will be answering the following questions:
What are 15 Money Secrets from the World's Wealthiest People?
What are the most important Money Secrets from the World's Wealthiest People?
_________
00:00 - Intro
00:33 - Investments are made
when there is ”blood” on the streets
02:11 - Saving will make you poor, investing will make you wealthy
03:26 - Rich people buy assets,
poor people buy liabilities
05:01 - Compound interest is the eighth wonder of the world
06:47 - Never put all your eggs
in one basket
08:49 - You will get rich by giving society what it wants but does not yet know how to get
11:18 - You’re not going to get rich
renting out your time. You must own equity, a piece of a business to gain your financial freedom.
12:57 - There are no get-rich-quick schemes. That’s just someone else getting rich off you.
14:19 - Leverage tax-efficient strategies
16:41 - Create multiple
income streams
18:32 - Leveraging the power
of technology to 100x your output
20:22 - Use stealth wealth
22:22 - Fiat money
is not real money
23:20 - Create your
money principles
24:11 - The Pareto Principle
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Пікірлер: 402
@alux
@alux Жыл бұрын
Hello ALUXERS! Have you downloaded the ALUX App yet? alux.com/app The ALUX App is Officially Here! | ALUX Keynote 2022: kzbin.info/www/bejne/mJWXpomjZ6aMq7s 15 Life Changing Biographies of Successful People - kzbin.info/www/bejne/rJ22dWd6o5mao9E
@PovertiGandur-jp6qy
@PovertiGandur-jp6qy Жыл бұрын
There is no get rich quick schemes, so trues, 16 hours a day studying, working and side hustle and looking after family is not easy, you still gotta work even if turn 60 year old, I will retire when I'm 90. I'm doing less physical stuff now, more mental stuff like hydraulic engineering and got my own carpentry business aswell, I'm from Auckland, New Zealand
@goldenpharaoh
@goldenpharaoh Жыл бұрын
@@PovertiGandur-jp6qy Generally, I love your videos, but this one is simply a false narrative. Much of what you say about Mark Cuban is half truths and what you say about Elon Musk is completely misleading. Musk received a $465 Million dollar fund from the energy department of the US Government to start Tesla, then he received $5 Billion in bailouts and grants over several years. Elon needed massive amounts of government welfare cheques to keep him afloat. This colossal assistance is what has allowed him to thrive over the decades. We should all be so fortunate to have the Gov't look upon us with such compassion. I wager we would all be in a much better place, financially, if the Gov't had our back the way it has Elon's.
@moideenluqman
@moideenluqman Жыл бұрын
U
@ahmadmustakhimabdmutalib59
@ahmadmustakhimabdmutalib59 7 ай бұрын
Someone , what is themean of redpill?
@kortyEdna825
@kortyEdna825 22 күн бұрын
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inherited portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
@carssimplified2195
@carssimplified2195 22 күн бұрын
True, I mostly just buy and hold stocks, but my portfolio has been mostly in the red for quite awhile now. Unfortunately to be able to make good gains, you’ll need to be consistent and restructure your portfolio frequently.
@brucemichelle5689.
@brucemichelle5689. 22 күн бұрын
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@foden700
@foden700 22 күн бұрын
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
@brucemichelle5689.
@brucemichelle5689. 22 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 ‘’Marisa Michelle Litwinsky for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@foden700
@foden700 22 күн бұрын
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
@tonysilke
@tonysilke 2 ай бұрын
I love how you take your time to educate your viewers we all strive towards financial stability and a better Life. It is easy to achieve this through the right investment, by living frugally and budgeting. I'm glad I learnt early in life to work hard for financial freedom
@Nernst96
@Nernst96 2 ай бұрын
Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.
@sattler96
@sattler96 2 ай бұрын
Considering the prevailing economic climate, I recommend seeking a mentor or a knowledgeable advisor who can provide guidance and support.
@PatrickLloyd-
@PatrickLloyd- 2 ай бұрын
I wholeheartedly concur, which is why I opt to entrust the day-to-day decision-making to an investing coach. With their specialized knowledge and extensive research, it is highly unlikely for them to underperform. Their expertise is centered around harnessing the asymmetrical potential of risks while also employing measures to safeguard against unfavorable outcomes. I have been collaborating with an investment coach for more than two years
@mikeroper353
@mikeroper353 2 ай бұрын
this is all new to me, where do I find a fiduciary, can you recommend any?
@PatrickLloyd-
@PatrickLloyd- 2 ай бұрын
Amber Dawn Brummit 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.
@JanetMorgan3
@JanetMorgan3 6 ай бұрын
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg
@LeonWilk2
@LeonWilk2 6 ай бұрын
That’s crazy, I’m just doing everything wrong with my portfolio.
@AvaAdams-ly7vu
@AvaAdams-ly7vu 6 ай бұрын
very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance to make a from a financial-advisorr, you can be passively involved with the aid of a professional.
@AlinaWinkler233
@AlinaWinkler233 6 ай бұрын
Same here, 75% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point
@LeonWilk2
@LeonWilk2 6 ай бұрын
wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio
@AvaAdams-ly7vu
@AvaAdams-ly7vu 6 ай бұрын
The adviser I'm in touch with is *Jude Ryan Mcdonough* He works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me his strategy works hence my result. He provides entry and exit point for the securities I focus on.
@LarsBergstrom-uh2eu
@LarsBergstrom-uh2eu Жыл бұрын
Becoming a good trade takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.
@IrenaDolinsek
@IrenaDolinsek Жыл бұрын
My portfolio has good companies, however it has been stalling since last year. I have approximately $200k stagnant in my reserve that needs growth.
@AstaKristjan
@AstaKristjan Жыл бұрын
@@IrenaDolinsek 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 ‘Kathleen Yanelli Carole’ 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.
@Erinmills98
@Erinmills98 Жыл бұрын
@@AstaKristjan Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
@AstaKristjan
@AstaKristjan Жыл бұрын
@@Erinmills98 Most likely, you can find her basic information online; you are welcome to do further study.
@miguelumbarila6358
@miguelumbarila6358 8 ай бұрын
God bless you
@richardspenard2663
@richardspenard2663 Жыл бұрын
I will forever be indebted to Amanda Elizabeth Keller. I continue to preach about her name for the whole world to know she has saved me from a very huge financial debt
@jacobmiller-uf3ip
@jacobmiller-uf3ip Жыл бұрын
Wow amazing to see here who trade with expert Amanda Elizabeth Keller I'm currently on 6th trade with her and my portfolio has grown tremendously,she really an expert
@JerrellHulme-kn8ue
@JerrellHulme-kn8ue Жыл бұрын
I met Amanda Elizabeth Keller in a conference meeting last year for the first time in Washington DC.i invested $20,000 and the trade ended in one month making close to$75,000
@sarahbrown-ct1bu
@sarahbrown-ct1bu Жыл бұрын
I’m so excited to here people giving testimonies here about Amanda Elizabeth Keller master in trading,she’s wonderful and her good work will never stop creating testimonies about her she really made name for her self
@gogettersetyourmindforsucc4863
@gogettersetyourmindforsucc4863 Жыл бұрын
😂😂😂😂😂
@dianarabbanii2
@dianarabbanii2 Жыл бұрын
Everyone has been preaching "buy now, stocks are at a discount" but I've been buying stocks since the beginning of the year and yet nothing's changed, but I've been reading articles of people still in the same market pulling off over 350k in just a couple months, what am i doing wrong?
@jonathanburtnick
@jonathanburtnick Жыл бұрын
Focus on two key objectives. First, stay protected by learning when to sell st0cks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guiidance a br0ker or financial advisr
@naomigonzales9663
@naomigonzales9663 Жыл бұрын
@@jonathanburtnick I agree, having a brokerage advisor for inveesting is genius! Not long ago amidst the pandemic crash in March 2020, I was really having inveesting nightmare prior touching base with a advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far
@naomigonzales9663
@naomigonzales9663 Жыл бұрын
@Chester Hitchcock The advisr I use is Elisa Angele Esparza, she's verifiable , so you could just search her.
@scottjuarez9549
@scottjuarez9549 Жыл бұрын
@@naomigonzales9663 Thanks for the info , found her website and its really impressive
@erikacristina9567
@erikacristina9567 9 ай бұрын
Great video. I’ve watched several of such youtube videos. I believe now is a great time to diversify your portfolio and investing strategies. I’ve watched KZbin videos on how to trade and invest in the market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands
@tishadin752
@tishadin752 9 ай бұрын
The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed. I'll highly recommend Brenda Brown, she is my current trader and her strategies are working.
@Stanley594
@Stanley594 9 ай бұрын
I'm amazed you mentioned Brenda Brown! She is the best and her strategies works like magic. I've been making over 80% of my investment weekly since I started investing with her trading service
@perezcamelia1273
@perezcamelia1273 9 ай бұрын
This is not the first time I am hearing of Brenda Brown and her exploits, how she handles investments and generates good profits. She really made a good name for herself, but I have no idea how to reach her
@tishadin752
@tishadin752 9 ай бұрын
Through tele
@tishadin752
@tishadin752 9 ай бұрын
Gramm
@jimbouchilon389
@jimbouchilon389 Жыл бұрын
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life too
@limburgerfarrell3499
@limburgerfarrell3499 Жыл бұрын
you've remind me of what someone once said "The mind is the man, the poor is in it and the rich is it too". This sentence is the secret of most successful investors. I once attended similar and ever since then been waxing strong financially, and i most tell you the truth..investment is the key that can secure your family future.
@johnalex4006
@johnalex4006 Жыл бұрын
I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted,i became more better the moment i realized this.
@Jameshenry-gu1fi
@Jameshenry-gu1fi Жыл бұрын
yeah investment is the key to sustaining your financial longevity but venturing into any legitimate Investment without a proper guidance of an expert can lead to a great loss too
@nengsolavillasorda8519
@nengsolavillasorda8519 Жыл бұрын
exactly! That's my major concern and what kind of profitable business or investment can someone do with the current rise in economic downturn
@jessicasaunder6965
@jessicasaunder6965 Жыл бұрын
Hello nice comments here, please what exactly kind of investment are you talking about here, I'm really interested too
@Ayo_Aderinola
@Ayo_Aderinola Жыл бұрын
The only 3 principles regarding wealth that I know is this: 1. Never spend more than you earn. You can't eat your cake and have it. 2. Never take financial advice from people who aren't wealthy in the practical aspect. Why would you ask a plumber to teach you how to double your money? 3. A man's wealth consist of his income producing assets, not his purse. Your best investment is yourself. Broke is temporary; poor is permanent. If you think you're not financial stable right now, I want you to know that YOU CAN DO MORE THAN ENOUGH WITH WHAT YOU HAVE RIGHT NOW : TIME, FREEDOM AND GOOD HEALTH. In addition, a man's wealth is what is inside his brain and his sound physical health.
@josephfrys6969
@josephfrys6969 Жыл бұрын
Every family has that one person who will break the family's financial struggle, I hope you become the one 😊
@samanthadonaldson2246
@samanthadonaldson2246 Жыл бұрын
Assets that can make you rich Bitcoin Stocks Real estate
@ScarletJohansson-rg6jr
@ScarletJohansson-rg6jr Жыл бұрын
@@samanthadonaldson2246 You're right, it's obvious a lot of people remain poor due to ignorance
@joshnorton4918
@joshnorton4918 Жыл бұрын
Your business will make you rich but investment makes and you keep you wealthy, we all deserve to be successful and have financial freedom, I pray everyone here becomes successful
@christianajoe8563
@christianajoe8563 Жыл бұрын
Starting early is the best way to getting ahead of build wealth, investing remains the priority
@samuelroyal3818
@samuelroyal3818 Жыл бұрын
I advice everyone to start investing and never rely on just salary. No billionaire made it through salary
@emilymccord7063
@emilymccord7063 6 ай бұрын
The future belongs to those who believe in the beauty of their dreams. Success is a state of mind. I start investing my cash in other to achieve all my dream with the help of Lucy Mary Liam. The difference Mrs Lucy Mary make in my life is second to none. It's definitely a life changing kindness. I really appreciate her effort in my life time.
@chrismadison5085
@chrismadison5085 6 ай бұрын
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mrs Lucy Mary Liam. Though I started with $1000 but it was successful, it's been four months since I started investing with her and it's been a great experience
@reynaldo2447
@reynaldo2447 6 ай бұрын
Wow I'm just surprised someone mentioned Expert Mrs Lucy Mary Liam I thought I'm the only one trading with her. I also trade with her and i earn $5,000 every week, all my family have been trading with her and making profits, we love you Mrs Lucy Mary
@peteraaron6714
@peteraaron6714 6 ай бұрын
​@@reynaldo2447You don't have to be surprised because I'm also a huge beneficiary of her good works. She helped me recover what I lost trying to trade my self and I'm still earning a lot of profit monthly.. I invested $8,500 through Mrs Lucy Mary Liam and in one month I made to close $70,300
@mrjack1212
@mrjack1212 6 ай бұрын
Ever since I lost my job with the ministry I have been surviving through my investment with Mrs Lucy Mary Liam, I'm so glad I invested when I did. My first experience with Mrs Lucy Mary Liam give me the assurance to invest the more with her without the fear of losing She's awesome.
@samstrong912
@samstrong912 6 ай бұрын
Hit $200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with $20k in September 2023
@ZealSam
@ZealSam Жыл бұрын
Next video: 👇 1. 15 ways to avoid distractions. 2. 15 ways to deal with recessions. 3. 15 ways to combat competition. 4. 15 ways to find the next billion💲idea. 5. 15 ways to get your first 1000 customers.
@manavmishra9071
@manavmishra9071 Жыл бұрын
Wealth is created through concentration and protected through diversification😊
@EmmyJohn
@EmmyJohn Ай бұрын
Deep
@skyboy46
@skyboy46 Жыл бұрын
I love the new style of ALUX videos, and even more that they are not everyday. Its getting too much to follow here, the Alux App, The Tim Ferris Show, Peter Attia, Tom Bilyeu... Love the longer 20 minute range, love the new subjects, and the videos are better, even that I only follow the screen 30% of the time
@NwachukwuEdithN
@NwachukwuEdithN 8 ай бұрын
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.
@BrianShannon241
@BrianShannon241 8 ай бұрын
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
@JeffreyAlice
@JeffreyAlice 8 ай бұрын
" 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."
@CharlotteNatalie-rt1gj
@CharlotteNatalie-rt1gj 8 ай бұрын
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.
@AnastasiaIvan-hs3vg
@AnastasiaIvan-hs3vg 8 ай бұрын
I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
@NoahWilliam824
@NoahWilliam824 8 ай бұрын
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.
@Wolvious
@Wolvious Жыл бұрын
Alux I am at the bottom tier list, and I will become a success in my definition of it. Thank you so much for the videos, the app, the advice and more! ❤
@KristinBentz
@KristinBentz 3 ай бұрын
Well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject ..... Thanks to Georgina Lucas the lady you recommended.....
@HollyAlvarez-tt7bq
@HollyAlvarez-tt7bq 3 ай бұрын
I always wanted to trade for a long time but the volatility price has been confusing.
@KristinBentz
@KristinBentz 3 ай бұрын
That woman totally changed my life for good. I have come across individuals but none is as honest as Georgina. So surprised you know her too.
@HollyAlvarez-tt7bq
@HollyAlvarez-tt7bq 3 ай бұрын
Please I'm new to this, how can I get her assistance?
@KristinBentz
@KristinBentz 3 ай бұрын
Exactly! Get the application and look up the above name,make sure there's no added letter or number.,,,,,
@HollyAlvarez-tt7bq
@HollyAlvarez-tt7bq 3 ай бұрын
Thanks! This information is truly beneficial to me, I will look forward to her immediately as instructed with the above mentioned name.
@anthony.zervas
@anthony.zervas Жыл бұрын
I would guess that most people are unaware of the "stealth wealth" principle as I have been :)
@creditkaboom257
@creditkaboom257 Жыл бұрын
Thank you very much for all these life changing videos I really appreciate it a lot. If it wasn’t for you guys I don’t know where I would have been
@stachowi
@stachowi Жыл бұрын
I think we all saw what happens when money is given out to everyone... it just flows up to the smart people and dumb people just have more debt.
@courtneyantonio1608
@courtneyantonio1608 Жыл бұрын
I disagree with using diversification to grow wealth. I feel it's what you do to preserve wealth. Even Sir Richard Branson started the Virgin empire with one singular focus before venturing into newer industries. Look at the path of ALUX. Did you guys start all the ventures at once? Or focus on them one at a time until they were stable? Diversification happens over time. Not all at once. That's my belief from what I have observed and lived. Great content.
@RamonRodriguez-hq7vn
@RamonRodriguez-hq7vn Жыл бұрын
I remember in the late 1980s, I was at a bar, speaking with a young woman. Who was working on Wall Street, as a trader. I mentioned that the best time to buy, was during a recession when stocks are at bargain basement prices. I wasn't a professional trader, I was in my last year of college. Her eyes lit up, and spoke with her supervisor about that; who was also at the bar in midtown Manhattan. They immediately left the bar ! Wow, I didn't know I said something so prophetic. My brain is of a profiteer, and millionaire. My money was more concerned about the rent. If I only had some money back then - lol.
@mysbhyv1707
@mysbhyv1707 Жыл бұрын
Thank you, Alux, for another eye-opening video❤
@theresenicolas2867
@theresenicolas2867 Жыл бұрын
Most people have difficulty differentiating assets from liabilities. They confuse liabilities as assets or believe that liabilities provide value to them.
@osueiyaedori2491
@osueiyaedori2491 Жыл бұрын
What an enlightening video. Thank you Alux
@videohut4445
@videohut4445 Жыл бұрын
Many thanks. Excellent video. This is how u achieve great and lasting wealth.
@abumoshood8219
@abumoshood8219 Жыл бұрын
No bonus point? Kind of miss those 😢
@ameliajoseph6314
@ameliajoseph6314 Жыл бұрын
This administration putting so many families into difficult situations I pray for our country, we need compassion for the American people! I appreciate your advices Zelinda Math! Imagine investing $1000 and receiving $10,350 in 3days.
@sariaadem842
@sariaadem842 Жыл бұрын
Same me here I started last week and she called me on Video call also I have received some of my profit about $9,200 yesterday she’s trustworthy.
@carmelitagonzalez5014
@carmelitagonzalez5014 Жыл бұрын
Investment is far better than money saved. When you invest your money it works for you and help you earn more money.
@maswelldrake510
@maswelldrake510 Жыл бұрын
Can you refer me to her 🙏🏼??????
@ameliajoseph6314
@ameliajoseph6314 Жыл бұрын
*ZELINDA MATH.*
@vanessajowel8655
@vanessajowel8655 Жыл бұрын
Get the application installed and search her up with the name above
@user-fe6bx3fd3t
@user-fe6bx3fd3t Жыл бұрын
Пусть этот день будет не просто чудесным, но и добрым, увлекательным и красивым.
@lokijordan
@lokijordan Жыл бұрын
Least used strategy mentioned: Create your money principles.
@padsaradinumakumara
@padsaradinumakumara Жыл бұрын
*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?*
@maryscott081
@maryscott081 Жыл бұрын
VENTU'RING,into the trading world without the help of a PROFF'ESIONL,trader and expepe'cting profit is like turing water into wine you would need a mira'cle, thats why i tra'de with Mrs Melinda Grayson, her skills set except'iona*
@markhannah001
@markhannah001 Жыл бұрын
Amazing seeing others with Melinda Grayson, I sta'rted my inve'stment wit $15,00'0, a week later, we had grown to $55,0'00. This woman!! absolute genius 💯
@JozierHoel
@JozierHoel Жыл бұрын
I'm surprised you know her too; I've been making a lot of profit investing with her for the past few months.
@padsaradinumakumara
@padsaradinumakumara Жыл бұрын
I'm a beginner. How can i reach out MRS MELINDA GRAYSON?
@RajKumar-vj4yl
@RajKumar-vj4yl Жыл бұрын
WOW....Great to see someone who trades with GRAYSON, i am currently on my 3rd trade with her and my portfolio has grown tremendously.
@speakenglishwithfhaizha4426
@speakenglishwithfhaizha4426 Жыл бұрын
I think that the seventh secret mentioned in this video is the secret that most people are unaware of
@dima-rafael
@dima-rafael Жыл бұрын
The real secret that no one will tell is foresight
@somerandomfella
@somerandomfella Жыл бұрын
Can you do 15 secrets for tax evasion please? 🤣🙏
@stevenporter863
@stevenporter863 Жыл бұрын
6:48 This one is what stretching to buy a house to live in at the expense of investing .
@towandaallen4739
@towandaallen4739 Жыл бұрын
I have done # 5 before it hurt me big time, get lesson learned and all is well! 🤨🤨🤨🤨🤨
@Financial-Education101
@Financial-Education101 Жыл бұрын
It challenges our preconceptions about wealth and provides valuable insights into smart investment strategies. I particularly enjoyed learning about the contrarian approach to investing, which encourages buying when others are selling, and the power of compound interest. Additionally, the emphasis on acquiring assets rather than liabilities was a game-changer for me. Overall, I think this video is an excellent resource for anyone looking to improve their financial knowledge and apply these lessons to their own lives. Kudos to the creators for shedding light on these crucial money secrets! 💡📚💰
@Jessicatorres_768
@Jessicatorres_768 6 ай бұрын
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
@SophiaBint-wj8wn
@SophiaBint-wj8wn 6 ай бұрын
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 trusted advisor in order to navigate this recession and achieve potential high yields.
@alicebenard5713
@alicebenard5713 6 ай бұрын
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?
@Jessicatorres_768
@Jessicatorres_768 6 ай бұрын
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
@user-cr8nd1sy8e
@user-cr8nd1sy8e 6 ай бұрын
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
@KatherineAnderson-lm8bw
@KatherineAnderson-lm8bw 6 ай бұрын
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
@favouritembatha8539
@favouritembatha8539 Жыл бұрын
Beening the first person to comment make me feel blessed financially 💰💰🙏🙏
@AlykhanLalani
@AlykhanLalani Жыл бұрын
Keep it rolling, Alux ❤❤
@stevenjuan259
@stevenjuan259 Жыл бұрын
Millionaires are made in crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 2months, and it would really help if you could make a video covering these strategies.
@Mathew-bp5bm
@Mathew-bp5bm Жыл бұрын
The strategies are quite rigorous for the regular. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
@josephlee4001
@josephlee4001 Жыл бұрын
I agree, before the pandemic got real serious, I used to handle all my investment and I was pretty good at it, fast forward to post-pandemic and my-portfolio is steady in the red with profit rate down to the lowest, that's when I touched-base with a coach I saw featured on businessweek, who restructured my portfolio and over the last couple years, I've made over $850k from initially $210K
@himikotoga5666
@himikotoga5666 11 ай бұрын
Thank you so much for the idea. Very helpful and informative video. Kudos!
@exposingproxystalkingorgan4164
@exposingproxystalkingorgan4164 Жыл бұрын
These money secrets are truly needed to uplift the ignorant masses. ❤
@RamonRodriguez-hq7vn
@RamonRodriguez-hq7vn Жыл бұрын
# 8: YES, give me $50 and I'll show you how to be financially independent, and a millionaire. Just send me $100, and here's another tactic to be a billionaire. This is a parody, don't send me any money. If you do ? I'll pocket the money - lol.
@untouchable360x
@untouchable360x Жыл бұрын
16. Behind every great fortune lies a great crime.
@shaheemjackson283
@shaheemjackson283 Жыл бұрын
I'd assume the one that most people wouldn't have been aware of is between Stealth wealth and Money Principles
@Chefmarcellett
@Chefmarcellett Жыл бұрын
Thoes who have money now, will still have money and thoes who doesn't have money now will remain the same. Money has to do with proper financial education.
@kyawzaya3862
@kyawzaya3862 10 ай бұрын
Thanks , for your teachings .
@pinitkanokvechayant439
@pinitkanokvechayant439 Жыл бұрын
Thank for answer my need please more content on billionaires
@mosesmomodu1419
@mosesmomodu1419 Жыл бұрын
Also a video on how to thrive in a competitive business environment (Market)
@indi2174
@indi2174 Жыл бұрын
I just hear you list 5 ways income .. so that is so not multiplu 😂 Oh by the way why stop at 5 ... 🤔😊
@MarbledKing
@MarbledKing Жыл бұрын
About saving: what about cash you hold EXACTLY because you want to have firepower when there is blood on the streets?
@cup3697
@cup3697 Жыл бұрын
Most MEN are slow. Slow at walking. Slow at talking. Slow at thinking. Slow at EVERYTHING. Speed is the 🔑. If you work 2x faster than you already are, imagine how far you'll get. You get twice the shit done. What you do in 2 days you'll be able to do in 1 day.
@danf4447
@danf4447 Жыл бұрын
hey, rah rah capitalism is great channel. its kinda hard to invest in a downturn if you lost your job...or have to save in case you might... this is fantasy advice at best.
@ThankGodOkpe
@ThankGodOkpe Жыл бұрын
Great 👍👍👍👍👍
@christineedgehill7533
@christineedgehill7533 Жыл бұрын
Good Morning ALUX I love you way much than you think. How are you? Its alright to answer a question. The feeling is unbearable and uncomfortable. Is all about looking out for each other and showing love for each other caring taking opportunities seriously for the better.
@nellosnook4454
@nellosnook4454 Жыл бұрын
Thanks Alux! 👍
@ginokappadonna
@ginokappadonna Жыл бұрын
Inaccurate, Apple has never been a first to the market for any product/feature. Apple also has not had a superior product in terms of feature sets when side-by-side comparisons are made in any period of time. Apple's exponential growth was spurred by the marketing efforts in the early 2000s. This is how unscrupulous people/companies with a wealth of resources make their mark. I heard Apple finally added touch controls on their airbuds, I've had that capability since 2019 smh
@Jahguaar
@Jahguaar Жыл бұрын
Knowledge supports growth.
@gestionirun6372
@gestionirun6372 Жыл бұрын
Awesome video👍👍👌
@CedricSmith-un6vm
@CedricSmith-un6vm 7 ай бұрын
They're still eggs in different baskets, is that still diversifying, same product, several baskets all eggs. I am not a rich or wealthy person as like people you teach about, but this is really cool. Could be having different eggs Duck, eggs, turtle eggs, snake eggs, Chicken eggs are popular in Metropolitan America.
@creatingdigitalassets
@creatingdigitalassets Жыл бұрын
Stealth wealth
@clementifangblog8583
@clementifangblog8583 Жыл бұрын
Thanks so much for sharing
@kunobejustine5972
@kunobejustine5972 Жыл бұрын
Thanks For the best rules in investing.
@KyleNewton-zo1wy
@KyleNewton-zo1wy Жыл бұрын
(FACTS OVA FEELINGS). MONEY is a Terrible Master but an Excellent Servant
@christineedgehill7533
@christineedgehill7533 Жыл бұрын
Have to a bit of sketching to do for ALUX my head hurting but when it ease I'd start
@huzaifasafdar8035
@huzaifasafdar8035 8 ай бұрын
The one practiced by Mr. Warren Buffet plus "The primary function of business is service to mankind" plus money is a virtual entity! 🙂
@Nobeli3100
@Nobeli3100 Жыл бұрын
who gaf about rich people lol
@2012photograph
@2012photograph Жыл бұрын
I m rare Xers & Latino who been following Wall Street since ages around 11-13 but start out intellectual pursuit but since then help out my retirement fund grow.Thank you for perils of wisdom.
@mosesmomodu1419
@mosesmomodu1419 Жыл бұрын
Can you guys please make a video on how to start,grow and scale a business from anywhere in the world (Preferably Nigeria)
@joyjoy5689
@joyjoy5689 4 ай бұрын
The key word is investment. Not everyone should or will start and run a McDonald's business scale. Figure out how to invest best IN YOURSELF. Myron Golden is one of the youtubers who really opened my mind on the money game. Check it out
@rockoutelle
@rockoutelle Жыл бұрын
👀
@menaseven9093
@menaseven9093 Жыл бұрын
I like Rothschild's advice, when there is blood in the street buy. I like Robert Kiyosaki's advice to buy assets, not liabilities. The last advice I like from Alux is to diversify, don t put all your eggs in one basket.
@kunobejustine5972
@kunobejustine5972 Жыл бұрын
Leveraging the power of technology to100x your output.
@joe2k20
@joe2k20 Жыл бұрын
Love you guys 😊
@jimmcculloch3786
@jimmcculloch3786 Жыл бұрын
Most people - All of them, they want the wealth / income/ money, but not prepared to put the effort in - Bread and Circuses !!
@jaxonmichael709
@jaxonmichael709 Жыл бұрын
During a bear market, the headlines will focus on negative news, whether it's declining economic growth, geopolitical upheaval, cultural and legal turmoil, or some combination of all three. I listened to a podcast of someone that grew his reserve from $120k to almost $460k during this Red season, can you share tips on how to make such aggressive proceeds in short periods?.
@ericdave8191
@ericdave8191 Жыл бұрын
Thanks, I just searched him up on google and I'm super impressed with his qualifications. Have contacted him through his webpage to hear what he has to say about my situation.
@jaxonmichael709
@jaxonmichael709 Жыл бұрын
Thank you, i copied and pasted his name on web browser and sent a mail waiting reply.
@hugh009
@hugh009 Жыл бұрын
Someone needs to replace KZbin or ALUX have your own video production company and network! It use to be you could edit a video comment. No longer unless you copy what is there and then paste it after deleting the original comment. Thank the Good Lord I found ALUX where I learned about Ray Dalio and his Principles book. I also as a long time serial entrepreneur have followed the majority of what has been discussed here. Certainly there have been BAD investments and I was at one time heavily involved in network marketing! No longer!
@melissad8824
@melissad8824 Жыл бұрын
Who are the "Roth Shields"? I've never heard of this family. Did you mean to say the Rothschild family? That's pronounced like "Roths Child"
@danf4447
@danf4447 Жыл бұрын
really? multiple income streams happens very late in the process. remember all the restaurants warren buffet owns? sports teams? neither do i. right now trying to have too many income streams is wiping out elon musk. most people got very successful doing on thing and only then started building /buying assets.
@theBIGgee
@theBIGgee Жыл бұрын
10:25 lol! Am I a joke to you. Blackberry Nokia! I know Americans have America biase but not this.
@peggylynn84
@peggylynn84 Жыл бұрын
Another Awesome video Thanks Much Love ❤❤❤
@maxameddeeq1766
@maxameddeeq1766 Жыл бұрын
Please I need the pdf of this video answer to me😢
@senthi10033
@senthi10033 Жыл бұрын
Where is the additional bonus - tip 16?
@luthandondlovu2863
@luthandondlovu2863 Жыл бұрын
Stealth wealth, most people are unaware of.
@auro1986
@auro1986 Жыл бұрын
will narrator tell you where in africa did ceo of alux acquire mining land and how many african slaves and local warlords in case you do not watch 15 videos in alux channel daily to make alux rich?
@LightSpeaker2k
@LightSpeaker2k Жыл бұрын
Lol, LOL, allow me on the Lamborghini's pls...PLS...let me get the ability to get one first 😅😂🎉❤😊
@usaintltrade
@usaintltrade Жыл бұрын
🤡🥸😎🧐🤔
@hugh009
@hugh009 11 ай бұрын
Executive film producer and fellow Christian Devon Franklin taught me: PERSISTENCE becomes PROFICIENCY IF I'm doing what GOD wants me to do! I finally have found it!
@silvermisst
@silvermisst Жыл бұрын
❤❤❤❤
@2020Bookworm
@2020Bookworm 8 ай бұрын
Consult a good financial advisor and tax accountant, and lawyer.
@AndresMartinez-hp4pl
@AndresMartinez-hp4pl Жыл бұрын
stealth wealth
@churchill19708
@churchill19708 Жыл бұрын
Excellent!
@bukvar1240
@bukvar1240 Жыл бұрын
e
@Scientistmindset
@Scientistmindset Жыл бұрын
Point no 13 is not aware about money secret 😮😮
@mrericmendez5049
@mrericmendez5049 Жыл бұрын
❤️ mulțumesc
@dusperarts
@dusperarts Жыл бұрын
Lol we all gotta do what we have to do
@CamillaPsh
@CamillaPsh 5 ай бұрын
Having harbored financial concerns throughout my entire adulthood, it is fascinating to watch this video and recognize that significant achievements are possible with proper goal-setting. Experiencing the liberation of not being constantly preoccupied with the financial worries that plagued me for numerous years is genuinely freeing. I attribute this to the outcome of dedicated efforts made for the future.
@TazioParisi
@TazioParisi 5 ай бұрын
Remarkable observations! Handling and staying abreast of things can be quite daunting for newcomers like myself. Are you a seasoned investor, or do you employ a methodical approach to staying well-informed?
@TommasaCollison
@TommasaCollison 5 ай бұрын
Since the inception of my business, I've maintained contact with a financial advisor. In the current cultural landscape, the difficulty lies in discerning the opportune moments to buy or sell when dealing with trending stocks. This process, while seemingly straightforward, is effectively managed by my advisor, who handles entry and exit orders for my portfolio. Over the span of just a little over a year, my portfolio has seen substantial growth, exceeding $750k.
@TommasaCollison
@TommasaCollison 5 ай бұрын
I've enlisted Stacey Lee Decker as my fiscal guide, and her expertise contributes significantly to the fiscal industry. Acknowledged as a reputable authority in the field, she holds a deep understanding of portfolio diversification. I encourage further exploration of her credentials. With her extensive experience, she proves to be an outstanding guide for those aiming to grasp the complexities of the fiscal market.
@NolaBuckhanan
@NolaBuckhanan 5 ай бұрын
It seems that she possesses a well-rounded education and appears to be quite knowledgeable. I recently conducted a Google search for her name and came across her webpage. Thank you for sharing this information.
@nayanmipun6784
@nayanmipun6784 5 ай бұрын
If inflation is cause by more money and less goods than deflation can be made by less cash and More goods, government factories competing with private enterprise for goods can decrease prices
@frae1703
@frae1703 Жыл бұрын
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