How To Make Your First $1,000,000

  Рет қаралды 404,211

Ben Shapiro

Ben Shapiro

Күн бұрын

Пікірлер: 1 800
@AliClarke1D23
@AliClarke1D23 4 күн бұрын
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024? .
@BridgetMckenzie3
@BridgetMckenzie3 4 күн бұрын
This is why I entrusted a fiduciary with my investmnt 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
@BridgetMckenzie3
@BridgetMckenzie3 4 күн бұрын
NICOLE ANASTASIA PLUMLEE' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up. .
@lukefisherDD
@lukefisherDD 11 күн бұрын
As I ponder investing the proceeds from my recent Portland home sale into stocks, I'm torn between seizing the opportunity and timing the market. While I recognize it's a great time to buy, I'm uncertain if it's the perfect moment for me. My mind is also boggled by the impressive gains others in the same market have made - over $450,000 in mere months! I'm left wondering when I'll fully recoup my investment and whether I'm making the right move?
@miltonclar
@miltonclar 11 күн бұрын
During a recession, investors must understand where and how to distribute capital in order to hedge against downturns while being profitable. If you are unable to navigate the market, speak with an expert advisor.
@eliseduffyfxx
@eliseduffyfxx 11 күн бұрын
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@JanAlston-kd6yl
@JanAlston-kd6yl 11 күн бұрын
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?
@eliseduffyfxx
@eliseduffyfxx 11 күн бұрын
NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@KevinEvans-mq4ob
@KevinEvans-mq4ob 11 күн бұрын
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.
@bibasik7
@bibasik7 5 ай бұрын
"I make racks off compound interest, y'all live with your parents" -Benjamin Shapiro, #1 rapper
@blackman5867
@blackman5867 5 ай бұрын
"My pockets are fat", "Dawg that's a yamulka homie no cap"
@TulkOrkan
@TulkOrkan 5 ай бұрын
lil' shap
@bibasik7
@bibasik7 5 ай бұрын
@@TulkOrkan Dr. Dreidel
@jackbutler2309
@jackbutler2309 5 ай бұрын
I was literally thinking this 😂
@Warp_Speed_Studios
@Warp_Speed_Studios 4 ай бұрын
Dr. Dreidel
@Jamesjerome0
@Jamesjerome0 Ай бұрын
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.
@GaryNicka
@GaryNicka Ай бұрын
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
@kurtKking
@kurtKking Ай бұрын
Exactly, I used to undermine the efficiency of a financial advisor until my wife company assigned her an investment adviser back in 2020 and tbh, it’s been the best financial decision I’ve made.
@Adambarking
@Adambarking Ай бұрын
Mind if I ask you to recommend this particular coach you using their service?
@kurtKking
@kurtKking Ай бұрын
Her name is. 'GRISELDA ELENA JEMMOTT’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@Adambarking
@Adambarking Ай бұрын
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
@wetwingnut
@wetwingnut 5 ай бұрын
Mitch Kapor, the developer of the first PC spreadsheet program, was onced asked for advice on "how to make a million dollars." His very astute answer was this: "Everyone say that they want to MAKE a million dollars, when what they actually want is to SPEND a million dollars. First, you have to realize that these are completely different desires."
@bradysmith4405
@bradysmith4405 4 ай бұрын
Yep. I have a couple wealthy relatives (not like billionaires but they have a few million) Aside from having decent (but not crazy luxurious) houses, they are fairly frugal with their money. Every once in a while they might buy a new snowmobile or truck or something but they aren’t constantly out living lavishly. Otherwise they’d be broke in months. And they aren’t constantly buying lobster and caviar and stuff like that either. They eat mostly regular food, which is another weird misconception about rich people I’ve seen online, that they are supposed to eat almost exclusively gourmet meals 🤦🏻‍♂️. No wonder most people who hit the lottery lose all their money pretty fast. People are idiots with money.
@voskresenie-
@voskresenie- 4 ай бұрын
​@@bradysmith4405 I make ~300k a year and I live more frugally than most of my friends nearby who make < 100k a year. And I don't live exactly frugally, either, just in comparison. I spent a couple years not caring about my spending at all, because I could afford it, and I found myself surrounded by nice things and empty experiences and no happier (maybe even less happy) than when I spent months agonizing over a $100 purchase. I also found myself spending nearly everything I made those couple years. To anyone making significantly less than me, it sounds crazy, but it's absolutely amazing how easily $300k (well, about $200k after all taxes) can disappear with nothing worthwhile to show for it if you're not conscientious about your spending, even outside HCOL areas. You need to see it happen firsthand to believe it. You need to be making a lot of money to live 'like a rich person', definitely much more than I make. Most people will never get even close to earning a salary where they can live like a social media influencer depicts their life in the handful of snippets of it they share. The only solution for all but the richest 0.001% of Americans is to decrease desires, not increase income. This is also the more rewarding approach. Things lose their value when you have too many of them and they are too easy to obtain - you collect more things than you have time to use to their fullest extent. Experiences lose their excitement when they become the norm. I am very grateful that I'm in a position where I don't have to worry about medical bills or unexpected expenses - and I'm not meaning to preach about money not mattering, which is easy to say when you have it -, but aside from security and freedom, money is more often than not a distraction from the things that really matter in life. I still struggle to avoid materialism and consumerism, but I am so much happier spending less, and I appreciate the material items I have so much more. And I appreciate the people I have even more than that. If you're struggling with a low income, I'm not saying you shouldn't try to increase it. But be cautious about what you think will happen if and when you do. Some problems have the potential to disappear, but some new ones may emerge. And if you're dreaming of a luxurious life like you see on TV, you'll probably never get there, and even if you do, it probably won't be as satisfying as it appears.
@popo0129
@popo0129 3 ай бұрын
@@bradysmith4405 Yeah to add a different perspective, I live in a middle to lower class area. I swear no one knows really how to grow their wealth. What they earn they save some and spend the rest. If any extra money comes in from say income tax, I notice most will just spend it on luxury items instead of something that they can maybe use as an investment for a side hustle or even a business or just something work related like a laptop. If it's a raise, they just add more to their monthly bills. Inflation really was a hard lesson on my older relatives on how much their money is really worth if it just sits there doing nothing as well as how much they really make by continuing to just settle down and not grow in terms of knowledge and skills. Life is hard work yet some or maybe most just don't want to work hard and smart to get to the ideal life they want for themselves. My friend and I both got into long term investing and we both talk about it almost daily now just following the market and have a monthly investment in ETFs (mainly the S&P500). I'm currently planning on starting my own ventures with the goal or providing a service to people and growing that to the point that it can provide me freedom in terms of what I want to do in life (for others and myself) and financially as well as time.
@robertweekley5926
@robertweekley5926 12 күн бұрын
@@bradysmith4405 - That last Line: Lottery Winners haven't had time to Build their "FI" (Financial Intelligence), hence, they are, as you say, "idiots with money." Some might say - it is "The System's Fault" - because Nobody is "Freely educated" about how to properly manage Money, Investments, or, Especially - Windfalls, like a Lotter! However - If one thinks a bit, there are many ways to "Test" an idea or Investments, before actually going "Live" with the Idea and the Money! As a Fairly well off person I knew once said, there isn't a "Shortage of Money", there is a "Shortage of Ideas!" Most People have no Idea How to Find a Buyer to their Idea, because they think they hate "Selling!" Plus, Consistency, is one of the things that takes time to prove out an idea! Many people are Too "Impatient" to take the time to see if something will actually work!
@ErinWarner-zc9jy
@ErinWarner-zc9jy Ай бұрын
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated
@Robbertskypes
@Robbertskypes Ай бұрын
Safest approach i feel to tackle 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.
@MonaMarieKafoury
@MonaMarieKafoury Ай бұрын
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
@angeladeem2988
@angeladeem2988 Ай бұрын
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
@MonaMarieKafoury
@MonaMarieKafoury Ай бұрын
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
@matthewpond4202
@matthewpond4202 Ай бұрын
Look at High Dividend Yield businesses. There are potential returns of 9% each year, without buying or selling
@CurtBagne
@CurtBagne 5 ай бұрын
Isn’t it great when people talk about how to become wealthy vs just condemning the wealthy?
@kylewatson5133
@kylewatson5133 5 ай бұрын
Ben is a socialist plant for the Israel lobby so no it's not great
@lightcraftnexus
@lightcraftnexus 5 ай бұрын
The communists are seething
@rodrigovaccari7547
@rodrigovaccari7547 5 ай бұрын
While sharing 0% of their wealth with less wealthy they preach so much about
@CurtBagne
@CurtBagne 5 ай бұрын
@@rodrigovaccari7547 tell me you’re broke without telling me you’re broke. Go watch the video again. Maybe you’ll learn something.
@vernonbhunter
@vernonbhunter 5 ай бұрын
@@rodrigovaccari7547what of your earnings do you share?
@kasperkappe9066
@kasperkappe9066 5 ай бұрын
Everyone in the commemts saying "you don't need a million dollars" you need to realise: Its not just the 1.000.000 dollars that count, but all the good things it is representative of. The hard work you do will be of benefits to countless people, and make the world a better place. The money is just a tool in this process.
@adamcramm
@adamcramm 5 ай бұрын
Ok Jew.
@Matt-yl7jf
@Matt-yl7jf 5 ай бұрын
My grandfather was a chemical engineer and entrepreneur. By the time he was 40 he had several patents that made him around 10 mil/yr. Without actually telling me, he taught me a valuable lesson about life and money. He was the absolute happiest man I've ever known and I thought it was because he was rich. But he didn't act or look like it. He lived in a modest 3 bedroom house in the suburbs. He purchased base model vehicles with no fancy options and rarely took trips. I later found out that he was big in anonymous philanthropy and gave away all but $150k/yr. He put a lot of people through college and paid for a lot of medical treatments instead of hoarding and spending it on himself. Eventually the patents expired and his yearly earnings dropped to zero. He lived out his last 15 or so years on an investment that paid $50k/yr. Same happy guy. I truly feel if you need to hoard or spend 1 or more millions per year in your personal bank account, you're a deeply flawed person and unkind to your fellow humans. How can anyone have such a massive abundance and not lend a hand? Don't confuse this with making millions and putting it back into a business that creates jobs. That's totally different.
@huebothedog665
@huebothedog665 4 ай бұрын
@@adamcrammsomeone’s jealous. Have fun being poor and blaming it on the joos
@Niyaniko7
@Niyaniko7 4 ай бұрын
​@@adamcramm ok arab dont you have a goat to assualt or something?
@seesidesummerhouse6112
@seesidesummerhouse6112 3 ай бұрын
Also, if you don’t need a million dollars, don’t go for it lol. You don’t have to be driven, just don’t think you can complain about people who are better off than you in the process.
@jasonuerkvitz3756
@jasonuerkvitz3756 5 ай бұрын
There is an X factor Ben is leaving out. Ben is extraordinarily smart, and he's smart because he's above average in intelligence. Ben is blessed by parents that cultivated a deep spirit of hard work and conscientiousness within him at a very early age. This is common in children that are bilingual--I'm assuming Ben both reads and speaks Hebrew and is incredibly gifted in English. Ben went through the normal rites of passage typical for an Orthodox Jew. The amount of study and dedication this requires builds a strong work ethic that translates into academia seamlessly. Ben's story isn't everyone's story. Ben's story is a rare one. It's achievable, but let's be honest when we compare our daily work routines and habits now, or even when we were in our early twenties, with those of Ben's. Ben is a work horse. He's driven and his internal motivators come from an as of yet undefined source. I say that because he himself didn't describe it or at least attempt to do so. Did he work his ass off because he's greedy? Competitive? Did he believe that it was his duty to his parents? Whatever the reasons were, he came to the challenge equipped in a way 1% of the nation bears, if not less. What is more, he understood what was required of him to put his qualities to work, and they weren't mediocre qualities, they were refined and salient, and regarded issues that bore significance, both intrinsically and extrinsically to his audience. On that note, he had an audience. Or, at the very least, he sought one out, or recognized a group that would listen for a moment, or read a couple of lines from his column. Let's compare this to you or me. Ben is extraordinary. Ben is tenacious, hard-working, intelligent, sober, religious, loyal, and, perhaps, cunning, if not surreptitiously devious. He also has good business associates and friends. Let's compare this to you or me. If you are brutally frank with yourself, you have, perhaps, a tenth of what Ben had and has going for him. That being said, you'd have to work ten times harder than he did to get to maybe $500K, let alone $250K a year. No, making $1 million a year is a special thing. You have to bear a voracious appetite for success, be superhumanly sleepless in your pursuits and endeavors, and choose cogently in what it is you work at and chase to have a chance. I know no one read my comment as it's too wordy and likely buried at the bottom of many others, but if you read through this and truly wish to be a millionaire, please, first, be good to yourself, those nearest you, the weak and vulnerable. Be willing to sacrifice on behalf of them. Know that death resulting in saving others, death resultant from providing for others, is far more noble, far closer to the divine, bears much more grace, then grinding your ass off for materialism and financial success. In short, it's not the end all be all, but if achieved purely, and without forfeit of dignity and ethics, then you've done something few have ever achieved.
@47shadows76
@47shadows76 5 ай бұрын
Read your whole column. You are missing that Ben had well-off parents who gave him multiple opportunities in the networking business. No one wins alone
@jimwerther
@jimwerther 5 ай бұрын
​@@47shadows76 Ben absolutely did not have well off parents. He and his parents and his sisters grew up in a small apartment.
@thomasschott4068
@thomasschott4068 5 ай бұрын
Fan boys fawning over Ben gross
@sip5123
@sip5123 5 ай бұрын
@@47shadows76we barely got along when I was a kid. Me and my brother had to chip in with savings and work on weekends help fixing the one truck my father bought. After few years he bought another one, then brother also started to drive and together they slowley expand the company. 24 years later by has a nice house, company with 30+ trucks, but he and my father both work 12 hours days and most weekends. I became a programmer, married a doctor (like Ben), worked my ass of with 15 hours days+weekends to progress my career. Now I have a bit less money, but finally work normal hours.😅 But nothing came easy, people just overlook the effort it takes. I will never have as much money as Ben, but sure as hell I will be worth more than a million by the time I'm 50.
@jimwerther
@jimwerther 5 ай бұрын
@@thomasschott4068 By which you mean that you have no response. Got it.
@YankeeStacking
@YankeeStacking 5 ай бұрын
Marry a doctor. On a side note, Ben’s wife is a doctor. EDIT: Guys, this was a JOKE! 🤦🏼‍♂️
@ruffendtv1320
@ruffendtv1320 5 ай бұрын
You're missing the point
@Kinesiology411
@Kinesiology411 5 ай бұрын
Yeah, that didn't make him his first million. Try listening.
@migarr6676
@migarr6676 5 ай бұрын
@@Kinesiology411obv a joke lol
@baldangell
@baldangell 5 ай бұрын
Ben very often jokes that his wife is a doctor.
@tinyleopard6741
@tinyleopard6741 5 ай бұрын
@YankeeStacking Actually that's the "stable" route with high probability of being a millionaire, be a doctor and marry also a fellow doctor... if you're willing to study all the time, even while working, and doing overtimes and unstable hours (at least at the beginning). It's so stable and safe a strategy, just gruelling.
@user-hr9oz8xv6n
@user-hr9oz8xv6n 5 ай бұрын
#1 rule of generating wealth... live within your means.
@mattm7798
@mattm7798 5 ай бұрын
YES! We are very seduced by monthly payments without looking at the total cost. That doesn't mean you can never have fun, but it means there are many time where you do deny yourself short term fun in exchange for long term stability.
@Lawrence_Talbot
@Lawrence_Talbot 5 ай бұрын
yeah so many young people don't get this. They think they _neeeed_ all those $20 starbucks drinks or spending hundreds on makeup etc. No sense of budgeting
@thanosianthemadtitanic
@thanosianthemadtitanic 5 ай бұрын
no amount of money will be enough for a fool
@chrisconey7062
@chrisconey7062 5 ай бұрын
It's the same but I call that one "Spend less than you earn". Oh and can someone tell the government this please?
@LordAfrocious
@LordAfrocious 5 ай бұрын
Tell that to the Democrat party.
@ogmakefirefiregood
@ogmakefirefiregood 5 ай бұрын
My goal was to make a million dollars a year by the time I turn 50. I'm halfway there. I'm 50.
@xavierb9061
@xavierb9061 5 ай бұрын
My goal 50 million
@mKruter
@mKruter 4 ай бұрын
whoosh@@xavierb9061
@CT-sp7uq
@CT-sp7uq 4 ай бұрын
⁠@@xavierb9061my goal 100 million
@elijahknox4421
@elijahknox4421 4 ай бұрын
​@@xavierb9061my goal 1 trillion
@samuelhammon66
@samuelhammon66 2 ай бұрын
😂😂
@firstcynic92
@firstcynic92 5 ай бұрын
Get a high school diploma. Stay out of prison. Get a job. Don't have kids until you are married. Stay out of debt, except for a home. Invest 10% or more into 401k, Roth IRA, etc. That's how you make money.
@garrettcrabtree5050
@garrettcrabtree5050 5 ай бұрын
@@shrubsangryWhat exactly is your sound financial wisdom?
@brittney.tn_realestate
@brittney.tn_realestate 5 ай бұрын
No
@firstcynic92
@firstcynic92 5 ай бұрын
@@shrubsangry What's your idea then? Rack up massive student loans and whine that someone else should pay them? Play the lottery? Have 10 kids by 10 different mothers? I've retired with a million in assets by working hard for it. How about you?
@oerlikon20mm29
@oerlikon20mm29 5 ай бұрын
@@garrettcrabtree5050he is gonna say “live in Romania, sex traffic women, and buy Lamborghinis and show them off on twitter”
@garrettcrabtree5050
@garrettcrabtree5050 5 ай бұрын
@@oerlikon20mm29 Well I guess that can work as well😁
@QML408
@QML408 5 ай бұрын
Why is it everybody wants Ben to apologize to Candace? It's just f'n business. Nothing personal. Ben doesn't have the ability to hire or fire. Think about it... When you get let go or you decide to leave a company, so you say sorry to each other? I don't think so. Grow up people. LOL
@meve531
@meve531 5 ай бұрын
YES. Thank you.
@michaelsantana6140
@michaelsantana6140 5 ай бұрын
Yes 👍
@deborahlozano7134
@deborahlozano7134 5 ай бұрын
I agree. DW is a business. All these podcasters looking for Ben and DW to fail so they can take over his top spot.
@megclif
@megclif 5 ай бұрын
Candace will always spend her time lighting fires under people , that's who she is, and then playing victim when they fight back. It's caused her to burn a few bridges. Ben and the DW are tight, just getting on with what they do - she should do the same.
@jackieeveritt3115
@jackieeveritt3115 5 ай бұрын
Finally!! Facts!
@Brennanoliver775
@Brennanoliver775 4 ай бұрын
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
@JimmyA.Alvarez
@JimmyA.Alvarez 4 ай бұрын
Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k.
@DeannaMurray-zv
@DeannaMurray-zv 4 ай бұрын
Smart, If i wanted to do the same with my retirement funds too, how do i get started trading?
@JimmyA.Alvarez
@JimmyA.Alvarez 4 ай бұрын
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Jennifer Lea Jenson for the last five years or so, and her returns have been pretty much amazing.
@BeverleeR.Ziegler
@BeverleeR.Ziegler 4 ай бұрын
This recommendation is coming at the right time because i am literally grasping for straws atm! I verified her online and scheduled a phone call with her.
@Badj4s
@Badj4s 3 ай бұрын
Ah the investment bots are out in full force again.
@JayBee-cr8jm
@JayBee-cr8jm 5 ай бұрын
"It's not what you make. It's what you save." ~ Dad.
@sunnydae6602
@sunnydae6602 5 ай бұрын
❤️
@JMF_Productions
@JMF_Productions 5 ай бұрын
Dad is a smart man.
@DosBlade
@DosBlade 5 ай бұрын
There was a very rich man that died what they found out later that no one knew is he always gave it away. As the son of GOD said once its better to give then to receive. See were all going to die some day and we are then all the same :) Some will have great rewards some will none. That is if you believe in trust in Jesus Christ as lord
@alexairplanner
@alexairplanner 5 ай бұрын
Couldn't be more wrong
@JayBee-cr8jm
@JayBee-cr8jm 5 ай бұрын
@@alexairplanner Explain.
@jackson_6602
@jackson_6602 5 ай бұрын
Whoever edited this video…you did ben well…🤝
@TheEncouragementKid
@TheEncouragementKid 5 ай бұрын
big time, that ben stiller growing up was so perfect
@rannyorton
@rannyorton 5 ай бұрын
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
@belljoe
@belljoe 5 ай бұрын
This seems like the worst period. Even the markets are very unpredictable. started investing recently when the market prices were a bit high ,today i am more than 60% down
@smithlenn
@smithlenn 5 ай бұрын
I thought about investing in the real estate market, I heard that people make millions , but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $460,000 but it's hard to bite the bullet and do it. Money is hard to come by
@dawsondanny990
@dawsondanny990 5 ай бұрын
Having an FA is the best way to go. Based on a direct encounter with a CFP named Julia Hope Marble I can say with certainty that their skills are excellent. She helped raise over 580,000 in 18 months from an initially stagnant portfolio of 150,000
@latanyaconlontl5849
@latanyaconlontl5849 5 ай бұрын
I don't have a full-time job; instead, I'm self-employed with a variety of sources of income. Regardless of how much money I generate each month, I maintain the same budget and adhere to my means-tested lifestyle.
@dawsondanny990
@dawsondanny990 5 ай бұрын
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 port-folio 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.
@devonbrooks246
@devonbrooks246 5 ай бұрын
I was never driven enough to make a millions. That's why I am not and never will be a millionaire. All I wanted was to be married and have kids and have a decent paying job to raise my family. I am content with that. I was told if you want to be rich, know someone who teaches you the ways to make money, do everything opposite of what poor people do and take risks. I know people who have their own million dollar businesses and they say they work seven days a week and long hours. You work while everyone else sleeps. I never wanted this.
@chrisd487
@chrisd487 5 ай бұрын
💯 Anyone working that much is also making tremendous sacrifices..it could be your health, marraige or time with your children. Not everyone is going to be rich. Besides, being financially secure and content sounds very much like a success to me. "The best things in life are free".
@eli-bt4he
@eli-bt4he 5 ай бұрын
You don't have to be highly driven and work crazy hours to become a millionaire though- all you have to do is live within your means and invest consistently in a 401(k) and you can retire a millionaire on a middle class income easily.
@MH-et5sn
@MH-et5sn 5 ай бұрын
​@@eli-bt4heThis video was clearly about making millions in income. The middle class is being crushed and the stock market will have negative returns for the next decade. Times are changing.
@danielwessel9884
@danielwessel9884 5 ай бұрын
We need people like Ben to drive the economy. Most of us have smaller goals and that's ok. I have a comfortable retirement and my goals now are mostly relational not financial.
@Ceredirond
@Ceredirond 5 ай бұрын
All you need to do is buy a house and live in it and invest 15% of your income into retirement accounts (Roth IRA & 401k) and invest those accounts into quality growth index funds.
@danieleromonsele
@danieleromonsele 5 ай бұрын
I love that your children are already so enterprising at 10 and 7. You're raising great and financially literate children!❤❤❤❤
@johnc6497
@johnc6497 5 ай бұрын
My advice to most people is: 1. Contribute to your 401k up to company match, because that's basically 100% return in a manner of speaking 2. Consider extra income in ETFs, especially the big ones like vanguard, S&P, etc. These are great for people who don't want to 'pick and choose' individual company stocks. Plenty of apps/options for doing this. 3. Slow and steady wins the race, and small amounts of money (even just 1% of your income) can make a huge difference over a long enough period of time - don't wait for the 'ideal' time.
@firstcynic92
@firstcynic92 5 ай бұрын
Also contribute the annual max to a Roth IRA. What you earn in that is tax free.
@mattm7798
@mattm7798 5 ай бұрын
Agreed. Not even the pros can time the market. They can manipulate it lol, but they can't time it. Steady, wise investing will almost always pay off.
@ThereIsAlwaysaWay2
@ThereIsAlwaysaWay2 5 ай бұрын
Black, and Van works very much against US citizens interest, they are a bad choices if you wasn't a future for your kids. There are hundreds of healthy founds that believed in America and protectionism and no war.
@thisisnotthechannelyourelo407
@thisisnotthechannelyourelo407 5 ай бұрын
the only 401k i opened with a company did nothing but lose me money.
@spunkyspaz
@spunkyspaz 5 ай бұрын
Is economics even taught in school (elementary or high school) these days There used to be 'home economics when I went but I'm not sure that's even a thing anymore. Kids need to be taught practical economics, instead they are getting schooled on lgbtq+ Ben, please do a weekly talk on economics for young people, or perhaps have Bent Key make a show about it.
@ttukbaegi-breaker
@ttukbaegi-breaker 5 ай бұрын
This is actually great content, great advice. Nothing flashy or out of the ordinary, but that's how success is made.
@antbox1992
@antbox1992 5 ай бұрын
nothing flashy? did you ignore all the editing?
@ThuIaniNgobeni
@ThuIaniNgobeni 5 ай бұрын
Notice how he doesn't show off Lamborghinis/Bugattis/Rolls Royce etc.
@ttukbaegi-breaker
@ttukbaegi-breaker 5 ай бұрын
​@@antbox1992 🤦‍♂️
@DosBlade
@DosBlade 5 ай бұрын
Now ask how many did you step on to get there..yes yes like all the rest you never did always helped..
@KeitaroHirochi
@KeitaroHirochi 5 ай бұрын
I knew what to expect clicking this, and I wasn't disappointed. It's rare enough that I should mention it. I live a simple life of few expenses. I don't work nearly as much as Ben does, and I've long since realized that I just don't deserve to make a million dollars a year. Nor do I need to, and in my current situation, nor do I want to. I'm living my modest, simple life, making more than enough money to support my family, and I have enough on the side to not have to worry about money at all. Many of you who will read this are also not in need of a million dollars. It's rare to need that much money. Keep your expenses to a minimum, and before you know it, you'll have more than you need.
@KevinTheLandlord
@KevinTheLandlord 5 ай бұрын
I want a million, it's was never a need.
@blackman5867
@blackman5867 5 ай бұрын
Right! I don't think I even need to make a million dollar a month nor a year. All I need is a Lamborgini, a luxurious mansion in Hollywood, a private jet, Taylor Swift to be my wife, a golden M2 Browning heavy machine gun mounted on top of my mansion's roof and a bunch of professional bodyguards. It's not that big of a deal, like come on!
@upshifter5316
@upshifter5316 5 ай бұрын
This is a great sentiment. I don’t have or make a million dollars. But I have no debt and zero financial insecurity. I can’t imagine what I would do with an annual income of $1M+. Probably spend lavishly and gain financial anxiety.
@gordonfreeman2070
@gordonfreeman2070 5 ай бұрын
I'm with you there, I have tiny expenses, a job I love that is super flexible and fully remote and pays well
@kahrhoshe
@kahrhoshe Ай бұрын
Itll be a need for me in 5-7 years when i retire.
@Finkelfunk
@Finkelfunk 5 ай бұрын
It's funny how people who work 20h a week without putting effort into it and earning minimum wage regularly complain about people working 4 jobs and having a 100h work week making significantly more than them and calling it "unfair". Like I currently work a 40 hour week, I study CS, I'm taking extra courses I don't need to, program at home, work another ~40 hours a month for the university teaching courses. Class mates regularly ask why I have a net income about twice as high as people working minimum wage and how I got "so good at coding", they chock that up to me just magically being better, more lucky or more experienced. Yeah but like, ask yourself why I am more experienced. Like, seriously: It's because I don't spend all of my time sitting at home bingewatching Netflix and playing Minecraft all day, that's why. There is no magic "get lucky" trick. You want to earn money? Apply yourself, that simple. If you only take two courses per semester and work in retail 5h a week you are obviously not gonna get your finances sorted.
@M98747
@M98747 5 ай бұрын
You're only making double minimum wage? As an IT Systems Manager, if you want a position making $100,000 after 2 years, let me know. I'd love to have you on the team! 😂
@Finkelfunk
@Finkelfunk 5 ай бұрын
@@M98747 I'm only in my 4th semester of my Bachelors, so that should explain that. :) And compared to other students around here, my peers tend to earn a fraction of that. But I study in Germany, so it's a bit different. Here you can't really get a job in IT unless you have some form of degree. It's not like in the US where the only thing that matters in IT are certificates and seminars, or portfolios. But thanks for the offer haha :)
@plattklum
@plattklum 5 ай бұрын
I've never actually seen this complaining person. People who work more hours get more, I mean even the communists agree with this. What I have seen plenty though are grind mindset people that will call anyone lazy who does not work themselves into a pretzel.
@kyler9323
@kyler9323 2 ай бұрын
@@M98747 He is a full-time student
@cathysmith8019
@cathysmith8019 5 ай бұрын
Ben is so kind to share his knowledge with us, so that we can all succeed. We appreciate you Ben!! 👏
@HaimantiJundu
@HaimantiJundu Ай бұрын
*I had problem comprehending trading in general. I tried watching other KZbin trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow*
@MartinGraf-x9m
@MartinGraf-x9m Ай бұрын
I've been making a lot of looses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
@JournalMarch
@JournalMarch Ай бұрын
Thanks for sharing this here, A lot of beginners like me are smashed out there everyday. It's a good thing we have nice people here who want others to become successful as they are.
@AldrichMartinAldrich
@AldrichMartinAldrich Ай бұрын
Though I started with as low as $6,000 actually because it was my first time and it was successful. She’s is a great personality in the state
@Chloe_emm
@Chloe_emm 4 ай бұрын
Hit 247k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months.Started with 11k in last year 2023.
@AbangTrinitas
@AbangTrinitas 4 ай бұрын
Wow, that's more than a mouthful of profits you're making. How do you achieve this feat consistently? You must be a genius !
@AbangTrinitas
@AbangTrinitas 4 ай бұрын
I'm 45 and have been looking for ways to be successful?
@Chloe_emm
@Chloe_emm 4 ай бұрын
Haven’t you heard of mrs. Amelia Jason’s ?!
@Chloe_emm
@Chloe_emm 4 ай бұрын
She has this skill of making complex crypto concepts easy to understand and is truly commendable.
@Bryansantos_1
@Bryansantos_1 4 ай бұрын
You know her too? I'm also a proud beneficiary of her super platform. They’re the biggest custodians.
@jpjp9111
@jpjp9111 Ай бұрын
I make about $10K per year. Total. Trying to break the $1000/month ceiling. I have a PhD yet never really learned how to make money. I can save better than anyone else but suck at making money. Only thing I'm worse at is making friends. It's all just really difficult.
@Maxmaxmax63
@Maxmaxmax63 5 ай бұрын
One of the most valuable videos that Ben has ever made.
@einarkarlberg3908
@einarkarlberg3908 5 ай бұрын
Almost as valuable as the one I made with your MOM
@Animal_Channel
@Animal_Channel 3 күн бұрын
The main takeaway from this video is that Ben is a very special person who knows he has succeeded in life and wants to spread love by helping others achieve success using his path and strategy as a guide. Thank you Ben! May God bless you for all the good you are contributing to this world!
@ConservaTron82
@ConservaTron82 5 ай бұрын
This is very inspirational. This is why I'm team Ben on DW.
@DogWithHangover
@DogWithHangover 4 ай бұрын
Charlie Munger once said “The first $100k is the hardest to earn but most crucial for building wealth”
@DSBac
@DSBac 5 ай бұрын
Not sure why there are still people griping at Ben over someone who *wanted* to leave DW. When she said, “I’m free”, that was a pretty good indicator of how she felt being there. She wanted out and DW said, “Ok”. Meanwhile, there’s all these people engaging in all sorts of conjecture over the entire ordeal. Both parties are happier being separated.
@ItsAllGoodMan696
@ItsAllGoodMan696 5 ай бұрын
Jeremy Boering was asked if she was fired and he directly said yes. It wasn't an "ok" situation someone clearly had their feels hurt
@MrsRight1122
@MrsRight1122 5 ай бұрын
Yup. She wanted to leave. People can’t accept that.
@timlloyd9703
@timlloyd9703 5 ай бұрын
Agreed. After the blowup last fall she wanted to leave and made DW fire her. I liked Candice before she joined DW. But the more I watched her, I could see where she leans heavily in to conspiracy theories. When she speculated about Oct 7, I think they all had enough of that BS and that was the beginning of the end. I suspect her show was the least watched on their network.
@fianait
@fianait 5 ай бұрын
​@@timlloyd9703I think the beginning of the end was her association with and defense of all things Kanye, including juvenile, spiteful, girly attack shows about Kim Kardashian and Taylor Swift, and meanwhile Kanye's current wife goes in public without clothes on.
@timlloyd9703
@timlloyd9703 5 ай бұрын
@@fianait I agree. I noticed her shows were starting to feel petty. It’s something could catch on Entertainment tonight. Again, I liked her years ago but I really haven’t seen much growth from her. It’s perfectly fine. She’s busy being a mom and I hear she’s doing fine either way.
@inwector
@inwector 5 ай бұрын
I thought about making a million dollars when I was 17. At about 21 or 22, I realized that I didn't actually wanted to do that, I wanted to be happy instead, and those two things rarely go together, since earning big bucks require big responsabilities, and big responsability brings attention and problems, and peace is really hard to find. Now I make a good amount of money, and I wouldn't want to make a million dollars a year, knowing it will take from me more than I'm willing to sacrifice.
@DosBlade
@DosBlade 5 ай бұрын
its never like people paint it. You always have to step on someone to get there in this life
@sethspears1630
@sethspears1630 5 ай бұрын
​@@DosBladeIt sounds like you've spent very little time with self-made wealthy people. If there is one thing I've learned from spending time with successful entrepreneurs, it is that, everyone will help you achieve your goals if you help them achieve their goals first.
@Rachmanfan4life
@Rachmanfan4life 2 ай бұрын
You are very ignorant I can tell you’re a child
@Art-is-craft
@Art-is-craft Ай бұрын
The average investor saver can become a millionaire. It just takes time and discipline. Most people just are not willing to do the right thing.
@claudiap.6838
@claudiap.6838 5 ай бұрын
I wasn’t expecting a lot from this video, but it was actually very helpful! ❤️
@johnb7296
@johnb7296 Ай бұрын
What I love about this is that Ben is NOT telling us to get rich quickly. Ben was working his butt off. That's actually the key takeaway for me. Find what you love and do TONS of it. Work your butt off. Find that thing you like, that you can get really good at, that people will pay you to do, and put all you can and more into it...without completely ignoring the things that truly matter like your family and your faith. Just listening to his story makes me tired. But we have to realize that people on the top of the mountain didn't just fall there.
@Romeo-fx8dk
@Romeo-fx8dk 5 ай бұрын
@benshapiro You're a source of great admiration for all of us.
@robfisher3790
@robfisher3790 Ай бұрын
As someone who's now making $500k/yr. Everything Ben just said is 100% correct. Find something you're good at, and people are willing to pay for, and makes you happy. And more often than not, it'll be in that order.
@BearConditioned
@BearConditioned 5 ай бұрын
I love how Ben didn't just give his kids money, he explained stocks, showed them how to buy and to hold. Delayed gratification is imperative to teach kids.
@thomasschott4068
@thomasschott4068 5 ай бұрын
Fan boys fawning over ben.......gross
@RASCAZ33
@RASCAZ33 5 ай бұрын
Of course he wasn’t going to give his kid’s money.. you know his background right? They don’t give out money..
@RASCAZ33
@RASCAZ33 5 ай бұрын
I love how he tried to grow a beard like a man but… ya know he’s not! Also I’m sure his wife doesn’t cheat 😊
@RASCAZ33
@RASCAZ33 5 ай бұрын
YeH money good! God is money minus an o!
@judith2876
@judith2876 5 ай бұрын
I think there is one…let’s call it a flaw. 1. Something you’re good at. 2. Something you like to do. 3. Something that people will pay you to do. My husband is good at activities for the vet home. He loves it, but that job (like many others) won’t be getting paid a million to do. That’s fine! Not all jobs are worth a million to do. It can still be a good career and making smart choices can help get your assets worth more.
@derjoh1986
@derjoh1986 5 ай бұрын
Good stuff, Ben! Very honest, very straightforward, good foundations to follow. Realistic. Thanks for sharing sir.
@novicracker1980
@novicracker1980 5 ай бұрын
@BenShapiro Ben you dont need or want to hear this from me, But. This video has got to be some of the more profound and well thought out and spoken information towards someone's personal prosperity that I have ever heard. Thank You for this video.
@rf7869
@rf7869 5 ай бұрын
an olde farmer once told me----" Marry with your Mind and not your Heart." I didn't listen to him and I don't regret it.
@holdemagroin1167
@holdemagroin1167 5 ай бұрын
This reminds me of an old Irish saying: "Don't marry the woman you love, but the woman who loves you"
@jimmyray2358
@jimmyray2358 18 күн бұрын
Normal people: I was so miserable at work, I gained weight and my relationship started failing. Ben Shapiro: I was so miserable, I lost weight and grew closer to my wife who encouraged me to quit and pursue my dreams.
@samstucky9984
@samstucky9984 5 ай бұрын
I made my first million by watching this video
@LongLiveIsrael-c7y
@LongLiveIsrael-c7y 5 ай бұрын
I made mine by reading this comment
@reecypeecy9909
@reecypeecy9909 5 ай бұрын
I made mine by reading this reply
@BlueStinger475
@BlueStinger475 5 ай бұрын
I made mine reading the 2nd reply
@Laughy-Flaaffy
@Laughy-Flaaffy 5 ай бұрын
I made mine continuing this joke
@mauricerohrer
@mauricerohrer 5 ай бұрын
I failed and thus ended the line of successful millionairs
@douglaswallace7680
@douglaswallace7680 7 күн бұрын
02:40 The "Sweet Spot" for making money is to find : A) Things I like to do , B) Things that I am good at , and C) Things that people are willing to PAY ME for .
@fredmiller9190
@fredmiller9190 5 ай бұрын
1. Things you like to do 2. Things you are good at 3. Things people are willing to pay you for GOLD!!!
@jm7804
@jm7804 Ай бұрын
The three things are key. I've never really thought about it in those terms, but he's absolutely correct. There are other things to consider of course...you must have an incredibly hard work ethic and love working. If you don't love hustling, then you're not going to accumulate any sort of wealth.
@SimonTmte
@SimonTmte 5 ай бұрын
I'd think most people are tired of these financial tropes, some financial advice is helpful, but let's not pretend capitalism adheres to any natural rules of nature or fairness, "success" mostly comes down to where you were born, who you were born as, and certainly who you were born to, availability of financial support from family must be the peak indicator of someone's financial success in life. If someone is born with relatively little and they'd count dimes all their life working a typical day job than i'd think that'd be the most typical traditional scenario, issue with the proposition is that people live to work, sacrifising all quality of life to accumulate never ending small sums of money so that they eventually become some 65 year old with 100,000 USD on the bank account and perhaps own some house in terrible shape, they're at the same time of course in terrible health and death is relatively imminent, these people right before their death still buy the absolutely cheapest food available, and the wealthier class in western societies continously substantiate this notion that wealth is all about saving money down to the dime while proceeding with transient investments making millions of USD telling themself that they're wealthy due to their discipline and cleverness
@charlesterrizzi8311
@charlesterrizzi8311 Ай бұрын
Spoken like someone who will never achieve financial success. In this country everyone has the opportunity to become very wealthy, and no it is not usually due to external circumstances. It’s something internal that makes prime work that hard, I’m not saying it’s good but you’re clueless if you think people don’t work really hard to become wealthy.
@mortforcapitalism
@mortforcapitalism 5 ай бұрын
The first step to becoming rich is to stop hating the rich. Learn from them instead. Also, I loved when Ben said (I'm paraphrasing here) that the road to $1M annual income is doing "things that you like to do, things that you're good at, things that people will pay you for."
@thanosianthemadtitanic
@thanosianthemadtitanic 5 ай бұрын
Ben is right but something to note is budgeting and living within your means plays a big factor. There are people who make alot more money than me but are shocked i bought my first house by myself at 23 years old. Its all about priorities. No money will be enough for a fool.
@CoolMyron
@CoolMyron 5 ай бұрын
Can i ask you how much the house was and how much you made at that time?
@TheHolyHomeboy
@TheHolyHomeboy Ай бұрын
Wait, so Ben was only a lawyer for 1-year after spending hundreds of thousands at law school....holy. I mean it worked out, but that initial period is insane.
@robertbrunello
@robertbrunello 5 ай бұрын
I appreciate Ben inserting a scene from Dream Sequence staring Nick Cage to get their point across about the book deals. lol
@TiagoRamosVideos
@TiagoRamosVideos Ай бұрын
Great video 👌 thanks for sharing 🙏
@derpderpypants3264
@derpderpypants3264 5 ай бұрын
Video title changed to “how to make a million dollars” from “how I made my first million dollars”
@orion7873
@orion7873 3 ай бұрын
People get good at what they practice... Ever since I was about 6 or 7, I blew out my birthday candles and wished for a million dollars. I'm 39 and have 3x that now. It's not because my wish came true but, because instead of playing video games, or watching celeb gossip on TV, I practiced my choosen craft and over the last 20 years, have just gotten really good at making money. Piece of advice, if you want to earn a alot, work for yourself. All your effort makes YOU rich. When you work for someone else, if you work harder, it just makes your boss rich (not you). Second piece of advice, surround yourself with people who are where you want to be. If all your friends are broke losers, you are much more likely to follow in the same footsteps.
@lucifermorningstar2802
@lucifermorningstar2802 5 ай бұрын
Thank you Ben. Solid advice and i really appreciate it
@ExhorterKing
@ExhorterKing Ай бұрын
I needed that! Thank you Ben!
@Packer1290
@Packer1290 5 ай бұрын
$400k/year working 4-5 jobs? Not sure how thats going to work out for most people. I tried a 2nd job once. Desk job, just like my day job. In fact the 2nd job I did on my home computer. Didn't have to leave the house. Paid really well. Only was putting in 4-5 hours a day on it. THe thing about a 2nd job too is you don't need the benefits, so you're keeping a lot more of the pay. Still, after 4-5 weeks of staying up until 2:00am and then getting up at 7:30am to go to my regular job, I was done with that. I'm no Ben Shapiro apparently.
@mattm7798
@mattm7798 5 ай бұрын
Well it wasn't 4-5 full time jobs. Like writing a book, columns, those can be done off hours. Also Ben is very driven, so he is likely to work more hours per day than the average person. But his principal is true. Keep in mind he is talking about a million in income, not assets. Very few, percentage wise, even hit a million in income because it's not easy.
@toonsoffun5733
@toonsoffun5733 5 ай бұрын
You must be extraordinary to make 400k to begin with even if you only have one or two jobs.
@scottymackay1801
@scottymackay1801 5 ай бұрын
A lot of his jobs were writing. He has the skill to write fast. Hence him advising you to find something you're good at. He thinks and talks fast, so he took on multiple jobs that suited that.
@musicman1eanda
@musicman1eanda 5 ай бұрын
Yeah I'm a teacher and started a second business and gosh I just have next to ZERO motivation to work after getting home from work while also trying to watch my 2 kids. Can't imagine doing 4-5 jobs.
@Finkelfunk
@Finkelfunk 5 ай бұрын
It's a matter of what field you work in, what type of opportunities there are in that field and what type of work you are willing to do. I currently study CS and I basically work 4 jobs as well. I work full time, have a job tutoring for about 10 hours a week at uni, I program in my free time, and I get money from helping people fix their tech issues and what not. I still have enough time on my hand to get A's on my exams and even take more than the recommended courses for each semester. So it really depends on what line of work you are in. Writing a column is entirely different from say working in finances. A column can be written in an hour or two, depending on the type and depth you want to put in. A regular job can cost you 8 hours easily per day. Some people also naturally gravitate towards working more. While other people find even a 40 hour work week to be grueling, I have no issues working 80-100 hours a week. It very much depends on what type of person you are too.
@coachingreflexivo
@coachingreflexivo 3 күн бұрын
Getting married is good advice, not only because you stop living the expensive "single party animal life" but also because you now have a partner that can help you focus and grow. Great video, tbh!
@dB_944
@dB_944 5 ай бұрын
I made my first million saving for retirement at an early age. Thanks to my rich aunt and uncle who encouraged me to do that. I’m 54 right now.
@Firefly-101
@Firefly-101 5 ай бұрын
It is called connections. You have to have smarts, but over all that will only help if you have connections.
@guynotes777
@guynotes777 5 ай бұрын
As Stve Martin once said "first you get a million dollars "😅
@CT-sp7uq
@CT-sp7uq 4 ай бұрын
That doesn’t even work here 😅
@willbaack7997
@willbaack7997 2 ай бұрын
Funny how you never hear about successful people getting frustrated, throwing their hands up in the air and quitting. Those people push shopping carts down the sidewalk.
@cat2bkittnme
@cat2bkittnme 5 ай бұрын
Like if you want to know how I made my first $100 😂
@mattm7798
@mattm7798 5 ай бұрын
Actually, the first 100k is harder to make than your first million.
@cat2bkittnme
@cat2bkittnme 5 ай бұрын
@@mattm7798 please tell me how in this economy 😭
@fernmoss-456
@fernmoss-456 5 ай бұрын
@@mattm7798facts. Getting to 40k has not been easy. 100k is the goal.
@MrMustang13
@MrMustang13 5 ай бұрын
@@mattm7798yeah at a certain point it snowballs
@Laughy-Flaaffy
@Laughy-Flaaffy 5 ай бұрын
Tell us!!!!!! 🙇🏻‍♂️🙇🏻‍♂️🙇🏻‍♂️
@eddyd5169
@eddyd5169 3 ай бұрын
Came from Cuba in a raft with 0 english and a lot of dreams, already with over 20 properties and living the American Dream, thank you USA and f,,, communism
@user-ze3fv3un5c
@user-ze3fv3un5c 5 ай бұрын
I have a genuine question: How do you make money writing columns? I would appreciate your response.
@ryancooper3629
@ryancooper3629 Ай бұрын
You can't anymore. (Mostly) Like it was a pitance back then, even for Ben, but these days the value of an online editorial column is virtually nothing. That was during the era when pro bloggers were a thing, almost no one is professionally blogging anymore. Ad views pay too poorly for editorial or autobiographical written free content to do well. That entire market is now video (KZbin, Twitch, or Tiktok) and its hyper mega uber competitive. (Something like 95% of the income is earned by 1% of the creators) I was a writer on the side in the photography space (news and education mostly) about 5 years ago and written was already dying hard. I was paid based on traffic to the article on a major photography website. Generally speaking articles got between 10k and 150k views. My invoice each month was rarely over $200 for an article per week.(4-5 per month) Its worse now. Written content just doesn't pay anymore unfortunately. At the time it was worth it for me as I was more using it to help draw attention to myself as a photographer more than the income it generated but I knew it was never going to be a reasonable income source. This is why Ben's wasn't writing columns for long and he quickly moved to video as he realized that was where the money is. As a writer, instead, he focused on continuing to write books as they have a lot more income potential because you are a actually selling a product rather than just giving content away for free hoping ad views will generate cash for you. If 100,000 people read your column, you make like $100. If you 100,000 people read your book you buy a new vacation home. ;)
@Bevzthejcs
@Bevzthejcs 3 ай бұрын
Great advice. Absolutely true about having a partner working as a team together can be a huge help.
@smashy_smasherton
@smashy_smasherton 5 ай бұрын
The problem with investing and stocks is patience. For a kid, investing your sticker money for .. ever is not rewarding. I’m a 50-year-old kid.
@adamcampbell820
@adamcampbell820 5 ай бұрын
Moral....hard work and persistence will project your career and income.
@sprezzatura8755
@sprezzatura8755 5 ай бұрын
Time makes money.....not timing.
@TheQuartering
@TheQuartering 5 ай бұрын
The timing of this is *chefs kiss.
@FishObreedy
@FishObreedy 5 ай бұрын
Collab with saviour 3.0
@Piccolo_Re
@Piccolo_Re 5 ай бұрын
I’ve read dozens of books on building wealth, attended many investment seminars. I’ve come to the conclusion that if you aren’t already in a rich family with old money you have a low chance of being rich. Everyone I met at those seminars were already rich people who wouldn’t go into detail on how they got rich. I came to the conclusion they were either liars, dirty money or they inherited the money. Then what happens is rich people just multiply their money more. Most average people don’t have much money to multiply as it is but for rich people they just keep getting richer and richer because they have so much money to play around with and risk. Unless you’re like Ben and have a ton of energy and can work 4-5 jobs. Good luck doing that if you have a wife and kids. It’s only a matter of time before divorce or your wife cheating on you.
@bradleydavis8714
@bradleydavis8714 5 ай бұрын
Very sorry you have had these experiences. But your assessment is wrong. I know ppl who had nothing and have become millionaires.
@raiden031
@raiden031 5 ай бұрын
It's often said that the hardest milestone on a path to wealth is to reach a net worth of $100k. But once you are there the path to millionaire status is much easier because of compound growth (ie. Net worth when properly structured can double every 7-10 years). I also read the stat that about 80% of millionaires are self-made. For those of us who aren't good at anything, don't have any great ideas, and aren't workaholics, the best path is to invest in index funds as young as we can (prioritizing retirement accounts first), then buying a house when we have the means, and just contributing and watching it grow slowly.
@TheOneBigRed
@TheOneBigRed 5 ай бұрын
2:25 The base salary for an associate is not $180k a year. It's not even 6 figures, in 2024. Ben should specify that he graduated with prestigious honors from Harvard Law School. This is not something most people can do, not even because they don't try hard enough, but rather because Harvard and Harvard Law only accept a limited number of applicants.
@xavierb9061
@xavierb9061 5 ай бұрын
200k is normal for associate
@tbrickman
@tbrickman 5 ай бұрын
It's extremely simple to Google search the starting associate pay. It's around $210,000 today plus bonuses. And they hire much more than Harvard grads.
@MrPrediluted
@MrPrediluted 5 ай бұрын
Specifically... It is normal for a new associate at "big law", which often requires high performance in a highly rated law school, and is then still extremely competitive. The median starting salary for an attorney is more like $70-80k.
@charlesterrizzi8311
@charlesterrizzi8311 Ай бұрын
@@MrPredilutedthat’s not bad salary for an hvac installer to make early on
@Albestdecember2020
@Albestdecember2020 11 күн бұрын
In others words adaptability and innovation is what makes you a millionaire
@V24100
@V24100 5 ай бұрын
Step 1. Visit Israel 🇮🇱 Step 2. Meet with Investors 🤝 Step 3. Ask for them to invest in your media company 🤔 Step 4. Promise to promote Israeli propaganda on your new media company 🫡🇮🇱 Step 5. Congratulations you made your first million 🥳🤑
@Ehthr
@Ehthr 5 ай бұрын
Are you bitter cause your poor and lazy?
@daveg4327
@daveg4327 Ай бұрын
Ben, thank you. This is excellent advice. I've been listening to you since you were on talk radio in Seattle. In concurrence with your trajectory, my wife and I have become self-made millionaires, but honestly we don't feel rich due to inflation and the cost of children. Our plan is to keep working hard, make the right choices, and raise our daughters to be hard working. I'm confident it will work out.
@dontarguewithidiots7459
@dontarguewithidiots7459 5 ай бұрын
Humans are more complicated than this. We have difficult families, mental health stuff, differing motivations. Not everyone is blessed with your gifts Ben and you need to realize that.
@NicDunn
@NicDunn 5 ай бұрын
You think he didn’t have all that? He worked through it. That’s what separates the successful from the unsuccessful. Yes there’s luck and background, but it comes down to work.
@Ludwig55555
@Ludwig55555 5 ай бұрын
Some people are just smarter than others that's all
@AJ_Sparten1337
@AJ_Sparten1337 5 ай бұрын
Not everyone is meant to be successful either. There still needs to be construction workers, ditch diggers, plumbers, electricians, etc. Also, not everyone needs 4 TV's, an iPhone per person, 2+ gaming consoles, and the newest car.
@jamesw.6931
@jamesw.6931 5 ай бұрын
@@AJ_Sparten1337 So you think workers in the trades are not successful? Remember your comment when you call a plumber next time your pipes cease to function, or you need an electrician, or your roof needs replacing; not to mention the estimated complete brake job on one of my vehicles was $2400.00... 🤣
@ttukbaegi-breaker
@ttukbaegi-breaker 5 ай бұрын
Obviously, you haven't watched the video. If you're jealous, work on it instead of bitching about how difficult you have it.
@BEM684
@BEM684 3 ай бұрын
I wonder how many of you watched this and thought "that's not possible, he's out of touch with normal people" instead of thinking "I wonder how I'm going to change my behavior to accomplish this myself?"
@ryancooper3629
@ryancooper3629 Ай бұрын
I mean thats fair, but its also important to be realistic and realize that Ben is in the top 0.1% of IQ and also is in a profession that has explosive scaling. Its not possible for everyone to replicate his success, no matter how hard they work and even if somehow the whole population suddenly developed Ben's intelligence and work ethic it still wouldn't be possible for the vast majority because there simply isn't enough wealth in the market for everyone to earn that much wealth. I think for most people they should look at the wisdom in this video in regards to things like investing, diversification of income, and work ethic so that they can lean into making the most of their own situation but to look at this as a blueprint to making a million per year just isn't realistic.
@angelaigheghe
@angelaigheghe 5 ай бұрын
The daily wire may have just realised that hiring candace Owens was the worst mistake they ever made. It’s sad to other podcasters itching for some showdown between these two and Candace is right there supporting it under the disguise of a debate on Isreal. To me, the honourable response would be to move on, rebrand and revive her show. She’s not the first person to be fired from a job. To think I had so much respect for her. Shame
@benhiden1797
@benhiden1797 5 ай бұрын
Revive her show? Is it doing bad or something?
@jimcorbett3764
@jimcorbett3764 5 ай бұрын
And this is why most people don't make a million dollars/ year; that's just a whole lot of work.
@stflaw
@stflaw 5 ай бұрын
Here's how I made my first million . . . . um, stay tuned.
@EternityUnknown
@EternityUnknown 5 ай бұрын
😂
@ktoth29
@ktoth29 5 ай бұрын
My story is similar to Ben’s except that I succeeded in none of the things. Yeah getting a solid education and working a lot of jobs, or agreeing to work for experience so you can eventually make a career out of your passion is good advice so long as you understand people like Ben are outliers. Most people end up with very little to show for their efforts, but thats life.
@Laughy-Flaaffy
@Laughy-Flaaffy 5 ай бұрын
Guys, it’s really simple to get rich: Step 1: Buy as many vintage packs of Pokemon cards as possible-mainly Base Set cards. Do not open cards, keep them sealed. Step 2: Encourage other Pokemon card KZbin channels to open their vintage booster pack Pokemon cards on video. Step 3: Wait a decade for all Pokemon card KZbin channels to open vintage cards- essentially making your unopened booster pack Pokemon cards skyrocket in value. Step 4: Once nobody can buy anymore unopened vintage booster pack Pokemon cards, sell your cards for TOP value. It’s that’s simple guys
@Jaxisadog272
@Jaxisadog272 Ай бұрын
This was an eight-minute, simple-to-understand masterclass on wealth creation.
@oldmangreywolf6892
@oldmangreywolf6892 5 ай бұрын
I can tell you how I made my first million too. Since 16 years old I had been working, and working and working. Over the years I have collectivly made a million dollars in 30 years. Will I reach 2 million before I die? Maybe not.
@JIGWIGPIG
@JIGWIGPIG 5 ай бұрын
Possible. Eliminate water and electricity. Plant trees. Buy a plot with a lot. Get chainsaw, wood place. Eat only fish from a lake or river. And buy a good car for driving long distances. Anyways You got this. I'll reach one million in 20 years, in lake land assets and 4 acres on a nice fishing lake in NC
@oldmangreywolf6892
@oldmangreywolf6892 5 ай бұрын
@@JIGWIGPIG Appreciate the encouragement.
@ghostridersinthesky21
@ghostridersinthesky21 5 ай бұрын
If you had invested your cash into the right stocks you most certainly would reach 2 mil
@juanramonsilva1067
@juanramonsilva1067 Ай бұрын
To be honest, my main take from all this is, Ben decided to do what he enjoys working for in life. Sure, it wasn’t always that way, he said he had to do a couple of works he didn’t like at first, but he had a plan. He turned out to be pretty good doing what he likes which resulted in him earning a millions. This is a good story and everything, all I want to say is, do what you love and have a plan. It’s not necessary to earn millions to be happy.
@joshgerleve4102
@joshgerleve4102 5 ай бұрын
Remember everyone, Ben Shapiro’s 1 million a year in 2016 is equivalent to 2.37 million in 2024
@phill8712
@phill8712 4 ай бұрын
Honestly.. school should teach this stuff. Wish I had parents that would have told me this. Good job Ben.
@LachoDroogie
@LachoDroogie 5 ай бұрын
We are so fortunate that we live in a society where hard work and perseverance can pay off. It’s much harder than it used to be due to our increasingly leftist government policies and tragic economic stage (Australia here), but I still feel that, if I work hard and be smart, I can get ahead.
@arigutman
@arigutman 5 ай бұрын
Ben you have a phenomenal story telling ability... enjoyed.
@HeroInTheSun
@HeroInTheSun 5 ай бұрын
Dude is highly intelligent. He has thrown out great books at a very young age. Jewish people are known to be smarter than the average 🤷
@sprezzatura8755
@sprezzatura8755 5 ай бұрын
IQ and conscientiousness.
@realheel5722
@realheel5722 5 ай бұрын
“Get the 💉 dopes” 😂😭😭
@hungrydachshund8236
@hungrydachshund8236 5 ай бұрын
​@@sprezzatura8755...and a good dose of selfishness.
@jadenreimer4753
@jadenreimer4753 Ай бұрын
On the note of the three points: 1) Do what you like 2) Do what you're good at 3) Do what people will pay you for ...a good book on this is Good to Great (hedgehog concept mentions these same three aspects)
@mountee
@mountee 5 ай бұрын
great advice
@camus83489
@camus83489 5 ай бұрын
youre 1st $100,000 is always the hardest
@Romeo-fx8dk
@Romeo-fx8dk 5 ай бұрын
I hope you will be a billionaire
@Finkelfunk
@Finkelfunk 5 ай бұрын
The jump from a Million to a Billion is like going from being homeless to working as a rocket engineer at NASA. Like, to earn a billion dollars, you need to earn a THOUSAND times more than he currently is.
@josephfield6903
@josephfield6903 5 ай бұрын
@@Finkelfunkeasy. Just look up how to make a BILLION dollars
@keevster5779
@keevster5779 5 ай бұрын
I think Ben makes a mill just plugging the ads into every video 😂😂
@ryancooper3629
@ryancooper3629 Ай бұрын
Ads make next to nothing these days. TDW likely makes the vast majority of their income from premium subscribers, sponsorship deals, speaking deals, and books sales. (Which, in turn, is how Shapiro makes his money as he owns part of the company)
@BRYAN_Kk
@BRYAN_Kk 3 ай бұрын
Thanks Ben, this helped a lot 🙏
@YankeeStacking
@YankeeStacking 5 ай бұрын
“Buy and Hold” works GREAT! UNTIL AN ECONOMIC COLLAPSE, a dollar reset, a financial SHTF which we are headed into. The traditional wealth building formula breaks down at that point.
@silverltc2729
@silverltc2729 5 ай бұрын
Can you give us any top tips for buying scrap silver?
@firstcynic92
@firstcynic92 5 ай бұрын
@@silverltc2729 Tip #1. Start buying silver in 2015, stop buying it in 2020. Tip #2. Look over every garage sale you can get to in case one old lady doesn't know the value of their silver. Tip #3. Check your loose change for occasional silver coins.
@ChrisWilliams-kq9qq
@ChrisWilliams-kq9qq 5 ай бұрын
Yeah also this dude is very very very very very very much and if you are very very very very nice you never really struggle for money let's just be honest for a second any human being that talks the way Ben Shapiro talks and grew up taking violin lessons has never really worried about paying their bills
@mattm7798
@mattm7798 5 ай бұрын
Nope, only short term. If you bought stock in 2007-2008, by 2011 or 12, you will have started making money again. Obviously China and Russia could invade the US tomorrow and somehow win and then all you stocks are worth nothing, but the general principal over buying wisely and holding is a smart one.
@mattm7798
@mattm7798 5 ай бұрын
Also, I love that Ben separates $1 million in assets vs income because those are VASTLY different things. If you are making $1million plus in income, you most likely have well over that in assets. A million dollar income is relatively rare. By percentage of the US and global population, few achieve that, and that's 10000% ok. I will likely never achieve that. Don't think that you have to earn a million plus per year to be well off or comfortable. Like Ben said, a million dollars in assets IS VERY achievable in your lifetime. I'm reminded of the quote attributed to Warren Buffet: The stock market is the mechanism of moving money from the impatient to the patient. Also, I slightly disagree that you need to "like" what you do to achieve a million. It makes it easier to push yourself and ride out the bad times when you enjoy your work, but it's not essential. What is IMO essential is finding what you are good at(or can become good at) and pairing that up with what people will pay you for. I was good at IT, and people would pay me for that. I also happened to enjoy it.
@xitaris5981
@xitaris5981 5 ай бұрын
I'm going to make $1M per year in my life, guaranteed! Because inflation is a bitch 😅
@svietka202
@svietka202 5 ай бұрын
usually if we r good at something, we really enjoy it. also, things we really enjoy, we tend to get good at😂
Why Net Worth Goes CRAZY After $100k!
10:13
Mark Tilbury
Рет қаралды 1,7 МЛН
Dave, How Did You Make Your First Million After Going Broke?
9:17
The Ramsey Show Highlights
Рет қаралды 303 М.
Magic or …? 😱 reveal video on profile 🫢
00:14
Andrey Grechka
Рет қаралды 72 МЛН
Angry Sigma Dog 🤣🤣 Aayush #momson #memes #funny #comedy
00:16
ASquare Crew
Рет қаралды 50 МЛН
大家都拉出了什么#小丑 #shorts
00:35
好人小丑
Рет қаралды 87 МЛН
АЗАРТНИК 4 |СЕЗОН 2 Серия
31:45
Inter Production
Рет қаралды 987 М.
A Simple Trick To Never Run Out Of Things To Say
11:01
Charisma on Command
Рет қаралды 10 МЛН
"I Got Rich When I Understood This" | Jeff Bezos
8:14
Business Motiversity
Рет қаралды 11 МЛН
This Idea Will Make You Unstoppable
15:05
Leon Hendrix
Рет қаралды 1,5 МЛН
6 Verbal Tricks To Make An Aggressive Person Feel Instant Regret
11:45
Charisma on Command
Рет қаралды 23 МЛН
A Simple Formula For Building Wealth - Scott Galloway
15:05
Chris Williamson
Рет қаралды 419 М.
This 70 Year Old's Life Advice Will Break Your Heart...
7:24
Meet The $300 Billion Man
11:14
Jordan Welch
Рет қаралды 2,8 МЛН
Think Fast, Talk Smart: Communication Techniques
58:20
Stanford Graduate School of Business
Рет қаралды 40 МЛН
I Invested $50,000 Into A Stranger's Business... and it worked.
7:14
Simon Squibb
Рет қаралды 3,7 МЛН
Magic or …? 😱 reveal video on profile 🫢
00:14
Andrey Grechka
Рет қаралды 72 МЛН