Where do the rich store their wealth...

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Ken McElroy

Ken McElroy

4 жыл бұрын

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Ken is the author of the bestselling books The ABC's of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC's of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant. Ken is a Rich Dad Advisor.
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If you are interested in this topic you can find more information out at the links below.

Пікірлер: 589
@ef5842
@ef5842 3 жыл бұрын
You can grow pine trees and every seven years sell the trees to Georgia Pacific to make toilet paper. I heard a story about a couple who won the lottery and yhey bought land to grow pine trees. They grow straight up and don't need much space between them. Every 7 years sells a karge crop for a lot of money. Houses and McDonald's aren't the only way to make money. Growing little plants make money too.
@makdaddy8399
@makdaddy8399 3 жыл бұрын
Tree farm....my kind of retirement job.
@wealthintruth6227
@wealthintruth6227 3 жыл бұрын
Perenials too! ... Cannabis flowers are about 1200-1800 per pound! pre tax of course... Its tracked and traced for licensed growers...
@jakeweill
@jakeweill 3 жыл бұрын
Let me get a nice Forest deferral tax break on that tree farm too
@anthonyandrews7858
@anthonyandrews7858 3 жыл бұрын
This is soo cool that you take the time to give away education like this. Owning 10,000+ units I know you don’t have to give us this Game. So thank you, Ken.
@nikitran9332
@nikitran9332 3 жыл бұрын
This guy is a bonafide investor and truly trying to share good info. thank you for existing. he tries to be objective.
@carefulconsumer8682
@carefulconsumer8682 3 жыл бұрын
one of your best. One of the best pieces of advice my Father gave me when I was a kid is, "Don't blame anyone else! Be a man and take responsibility for your actions!"
@carlojaymanalo7374
@carlojaymanalo7374 4 жыл бұрын
Everytime I'm watching from the rich dad's advisors through youtube, I feel like I'm in that situation and talking to these great people and having it for freee
@guchfun
@guchfun 4 жыл бұрын
Thank you, Ken! I really like your emphasis on the "transformation" part of change. It's so critical to moving forward. And the 3 Tiers of Wealth. It seems like we are on the cusp of Big Changes in how things work in this country!
@mannylopez7492
@mannylopez7492 3 жыл бұрын
"..if you can change your habits, then you're gonna change your results...." Love this!
@crossgrainwoodproductsltd9230
@crossgrainwoodproductsltd9230 3 жыл бұрын
Me Too!!.
@saludyvidaintegrales7982
@saludyvidaintegrales7982 4 жыл бұрын
You are very generous. Thank you very much for sharing with us, for free, your knowledge
@Selektor5000
@Selektor5000 4 жыл бұрын
Thanks Ken. You have been a great voice of reason in these crazy times.
@waleedyousif1546
@waleedyousif1546 4 жыл бұрын
I know Robert talk about that, but you Ken make it so simple to understand. I really appreciated Ken!
@YONDER_
@YONDER_ 3 жыл бұрын
You are fantastic Ken! Truly a real teacher. Thankful and grateful for each of your videos. Please keep them coming, because you are providing true value.
@allme7425
@allme7425 4 жыл бұрын
Ken you did a good job on this presentation; all of the resources that the Lord has made for us on and in the earth are the true commodities of wealth-ty for your time. Blessings, the Elams, TX
@LevaStyles
@LevaStyles 3 жыл бұрын
You’re so humble. Appreciate the insight
@michaelbrown7142
@michaelbrown7142 3 жыл бұрын
I just started watching your videos over the past week and this video is spot on. Thank you!
@GS-gx1hd
@GS-gx1hd 4 жыл бұрын
Thank You Ken ,For sharing your knowledge with us.So we can grow and survive, Very grateful.
@iDreamOfOkra
@iDreamOfOkra 3 жыл бұрын
I like to use the word "wealthy" for those who have assets that are generating wealth for them. I use the word "rich" for those who have a lot of money (perhaps some musicians, sports stars, people who inherited a lot of money, etc.), but aren't investing that money in assets but instead buying really expensive toys. They usually tend to find themselves poor pretty quickly!
@jeffreytang567
@jeffreytang567 4 жыл бұрын
Ken to 1M subscribers pretty soon. Thank you for providing educational material without the common bait and switch videos
@TheGates7
@TheGates7 4 жыл бұрын
All I can is thank very much for this info, and electronic board is awesome.
@evolunchbox
@evolunchbox 4 жыл бұрын
Subscribed! You have a very good message. Particularly @1:51; "the situation we are all in, are based off of the choices we've all made." Look forward to hearing more.
@UltimateBargains
@UltimateBargains 4 жыл бұрын
You are where you are because of the choices you have made.
@julianwortel
@julianwortel 4 жыл бұрын
Great presentation 👌🏻, keep doing more! Thanks for sharing your expertise and knowledge.
@SaintLuminus
@SaintLuminus 4 жыл бұрын
YES YES YES! So much YES in this video. Thank you Ken!!!!
@lorico4773
@lorico4773 3 жыл бұрын
Ken please keep these videos coming! They are great and the best explanations! Thank you!
@Patrick-lj9nk
@Patrick-lj9nk 4 жыл бұрын
Thanks Ken! I always learn a ton from your videos. Keep up the good work.
@mike.p.1400
@mike.p.1400 3 жыл бұрын
I love how he starts off his videos WITHOUT showing the cars and houses and jewelry and travel and all the bling. Man I hate that. It’s such an obvious con when they do that.
@TJ-od4mu
@TJ-od4mu 3 жыл бұрын
this should be pinned to the top
@outsidemej
@outsidemej 4 жыл бұрын
Thank you for breaking it down! You are a superb teacher.
@72chrisashley
@72chrisashley 2 жыл бұрын
Thank you for stating that. I laugh when people point fingers and blame others, rather than studying, learning, and improving yourself.
@mystuff7544
@mystuff7544 3 жыл бұрын
Wow Ken. Thanks for this Video. I feel educated today. Thanks for expanding my mind.
@lindsaykennedy9548
@lindsaykennedy9548 4 жыл бұрын
great info sir! thanks for encouraging us to challenge our mindset, even if it opposes your view.
@bethgrovehomesinc.keywestr3019
@bethgrovehomesinc.keywestr3019 3 жыл бұрын
Thanks for sharing your words of encouragement, Ken. I love your videos.
@alexanderrocha8664
@alexanderrocha8664 3 жыл бұрын
Thank you so much for helping me understand how money is created and the different risk with different investments.
@jameskim4185
@jameskim4185 4 жыл бұрын
Ken. Absolutely amazing advice. THANK YOU.
@beachbumpower7018
@beachbumpower7018 3 жыл бұрын
This was so eye opening, I will take it to heart. Thank you!
@cgeucare276
@cgeucare276 4 жыл бұрын
Thank you for the education and pep talk. It is inspiring.
@kimm8821
@kimm8821 4 жыл бұрын
Such an educational video! I listened to it trough your podcast but I love to watch the video which is more visual! Great job !
@TheTomC
@TheTomC 3 жыл бұрын
You're an excellent teacher Ken, thank you for this content!
@geofit1339
@geofit1339 4 жыл бұрын
That was amazing advice I have invested in a couple of them!
@favdup2134
@favdup2134 3 жыл бұрын
I really Really loooove your video. Great info, thank you so very much for sharing.
@TheConversationPodcast
@TheConversationPodcast 4 жыл бұрын
How this video have not gone viral? This dude dropping some gems real talk
@hxshanghai
@hxshanghai 4 жыл бұрын
Thank you so much for your guiding 👍
@heartoftexan
@heartoftexan 3 жыл бұрын
Hubris is bred by success but wisdom is derived from failure. I see many people nowadays delivering pizzas in a $50k car.
@billgatesisanerd
@billgatesisanerd 4 жыл бұрын
This has been very helpful! Thanks for the video.
@Takeonm
@Takeonm 3 жыл бұрын
Excellent video and tips! Amazing how you broke it down and thanks for sharing
@NicholasKon9
@NicholasKon9 4 жыл бұрын
Thank you ken for your information. still learning from your abc book.
@ponggalapong
@ponggalapong 4 жыл бұрын
This is gem. Thank you.
@igottarestartthis23
@igottarestartthis23 2 жыл бұрын
Thank you for passing along what you know, my friend
@atama01
@atama01 4 жыл бұрын
You de MAN, Ken. God bless you and your family.
@whatwouldyourhairdressersa5128
@whatwouldyourhairdressersa5128 2 жыл бұрын
Can't say I know anyone smarter that you, Ken:) Thanks for taking the time to do these videos
@jasonstaub3045
@jasonstaub3045 4 жыл бұрын
Thank you for this honest view!🙏
@basilisarta6638
@basilisarta6638 4 жыл бұрын
Thanks a lot Ken. You was very helpful at me to buy the right assets!
@rentospropertymanagementso4895
@rentospropertymanagementso4895 3 жыл бұрын
Great lesson. Thank you for sharing it in a way anyone can understand.
@efrenalonzo7059
@efrenalonzo7059 3 жыл бұрын
Thanks Ken for a very informative time I spent watching your shows....
@Planetgreenzen
@Planetgreenzen 4 жыл бұрын
This is Amazing Ken. Thank you so much. Wish I learned this stuff 10 years ago.Also, love that digital whiteboard, I need one.
@KenMcElroy
@KenMcElroy 4 жыл бұрын
Thanks so much Planetgreenzen. The digital whiteboard that is used in the video: amzn.to/2XsoZzP
@Planetgreenzen
@Planetgreenzen 4 жыл бұрын
@@KenMcElroy Thank you so much Ken. I just had dinner with a friend and come to find out it's a mutual friend between us :) Also, the link did not take me to the board.
@zachv7637
@zachv7637 4 жыл бұрын
Great, great. video. It's clear that you've gotten to where you are by keeping and open mind and constantly learning. Will try to do the same. Thanks.
@ntong4952
@ntong4952 4 жыл бұрын
Thank you! Very useful information!!
@josephbarnard709
@josephbarnard709 3 жыл бұрын
Appreciate this guys knowledge 💯👍 very valuable in today’s times
@omerklc1053
@omerklc1053 4 жыл бұрын
Following you from another continent thanks for the great content! Please keep doing it
@dantaitoko9006
@dantaitoko9006 4 жыл бұрын
Great video! Very informative. Thank you Ken
@kahvac
@kahvac 3 жыл бұрын
WOW ! I just got a College education for free ! Pure Gold. Thank you Ken !
@Malaka300
@Malaka300 2 жыл бұрын
What they'd teach you in college is that capitalism is evil.
@SolomonC123
@SolomonC123 4 жыл бұрын
Thanks Ken, Great Investment video. Explanations was very clear and organized.
@mackarios
@mackarios 4 жыл бұрын
This video is part of self education.. Thank you.
@maxfactorone
@maxfactorone 4 жыл бұрын
Thanks for your time and effort. Very interesting. 😊
@lpaz2026
@lpaz2026 3 жыл бұрын
Love your videos lot of info and detail
@noamwolfson935
@noamwolfson935 4 жыл бұрын
Great value! Thank you Ken
@surendrashekhawat4155
@surendrashekhawat4155 4 жыл бұрын
Pure value Kenny, Thank Youu 🙌
@investinurself3445
@investinurself3445 4 жыл бұрын
Thanks for doing what you do and trying to educate us.
@mansardmanor3869
@mansardmanor3869 4 жыл бұрын
Ken IMO *Your Golden Nugget* *Self Education* By far was the most valuable information you could have shared. This is where you get specific on the niche market to make big bucks.
@viaisgoncalves
@viaisgoncalves 3 жыл бұрын
You are AMAZING! Thanks Ken for sharing you knowledge! Great contents! It’s always mind blowing your videos....congrats! 😉
@ALDO-rm9mu
@ALDO-rm9mu 3 жыл бұрын
Super interesting 🤔 video Never saw the wealth storage that way You opened my eyes 👀 Thanks 🙏 man
@mike125520002000
@mike125520002000 2 жыл бұрын
Thanks Ken for all your videos
@thomsieloff3463
@thomsieloff3463 2 жыл бұрын
When this video came out, I was still living in Illinois, packing everything up. We fled about 2 weeks later for Florida. We lost almost everything in IL and were fortunate enough to start over in FL. At this moment, I "control" over $2 Million worth of real estate. Gonna keep going...
@davidmorgan9245
@davidmorgan9245 4 жыл бұрын
Great perspective! Thanks!
@tomyshaw977
@tomyshaw977 4 жыл бұрын
Really love your videos, learned a lot from this video, thanks for sharing.
@nouvang1260
@nouvang1260 3 жыл бұрын
Thank you Ken! Learned a lot from your videos.
@javletwar2
@javletwar2 4 жыл бұрын
Thank you for your time and for sharing this educational content. God Bless.
@mandralliance
@mandralliance 4 жыл бұрын
WOW, WOW, WOW. STANDING OVATION!!!!
@dee4560
@dee4560 4 жыл бұрын
Always look forward to your videos
@ellysmiler1029
@ellysmiler1029 3 жыл бұрын
This great break down. Pretty some advanced Macro Economic going which is explIn in one video. I have just come across you video as an economist u get to point thanks
@TimothyBergin
@TimothyBergin 3 жыл бұрын
Thank you for the help in understanding
@louchavanlemard5995
@louchavanlemard5995 3 жыл бұрын
Awesome 👏🏾 thank you for the information! Very educational! 😎
@tjportaro
@tjportaro 4 жыл бұрын
Awesome video. Thank you!
@nikkion2140
@nikkion2140 4 жыл бұрын
Excellent. Easy to understand presentation. Thanks. God Bless.
@ctaylor1655
@ctaylor1655 4 жыл бұрын
Another great video. Thanks Ken!!
@solocyclist3993
@solocyclist3993 4 жыл бұрын
Thank you Ken. You are a real mentor.
@myelectioneering
@myelectioneering 4 жыл бұрын
I came here trying to work out if now is a good time to buy a property and have left with an education. Thank you for making this video, class act.
@adamcharlesburke
@adamcharlesburke 4 жыл бұрын
Awesome information Ken... so true about learning from failures... everyone can connect to that... and as you pointed out... all about the response to them. And the opportunity lessons there dovetail nicely into the ongoing (life and business) education!
@guacgirl
@guacgirl 4 жыл бұрын
Subscribed! The best explanation of Derivatives I have ever heard in my whole life.😍😍😍 I get it so concretely now. THANK YOU 🙏🙏😎😇😎😎😎
@journey2millionaire
@journey2millionaire 3 жыл бұрын
I've tried to teach people this system but people are in love with their stocks! Great video.
@prosperthedubaiexplorer8980
@prosperthedubaiexplorer8980 Жыл бұрын
Great teach MR ken keep them the videos coming
@btownmxer
@btownmxer 3 жыл бұрын
Thank you! Very informative video.
@robert1320r
@robert1320r 4 жыл бұрын
Excellent explanation, thanks for the videos
@Sigute444
@Sigute444 3 жыл бұрын
Great video! Thank you Ken!
@patriciafitch2432
@patriciafitch2432 3 жыл бұрын
So happy I ran across this!
@carmenmoore3130
@carmenmoore3130 3 жыл бұрын
Very informative! Gave me a new prospective! Thank you
@CD-ii8it
@CD-ii8it 2 жыл бұрын
Great video, i love that you keep it simple
@dawson0610
@dawson0610 3 жыл бұрын
Great videos as always Ken! Thanks
@toddtoure7041
@toddtoure7041 3 жыл бұрын
Thank you. I learned today. Hence a New Subscription to you.
@maximilianuriacabrera1800
@maximilianuriacabrera1800 3 жыл бұрын
thanks for sharing your time and wisdom Ken. :-)
@phk8411
@phk8411 4 жыл бұрын
Great word... thanks for sharing
@justinteurn8795
@justinteurn8795 3 жыл бұрын
Primary, Secondary, Tertiary was interesting and very educational!
@phineasmabetoa8808
@phineasmabetoa8808 3 жыл бұрын
Educational and highly informative.
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