Making $256,000 A Month in Passive Income | Paying Cash for a Tesla, 3 Homes & More: Here is How!

  Рет қаралды 124,640

Our Rich Journey

Our Rich Journey

Күн бұрын

Пікірлер
@OurRichJourney
@OurRichJourney Жыл бұрын
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@atomisticpartb525
@atomisticpartb525 Жыл бұрын
These guys are legit! They know what they are doing. Not flashy and dangerous. Just good, solid, actions for wealth!
@OurRichJourney
@OurRichJourney Жыл бұрын
That’s so sweet of you to say! Thank you!!!
@jeanettemoody8639
@jeanettemoody8639 Жыл бұрын
I just love these two!!!!! I'm officially joining the journey. Wow!
@albertobeckford
@albertobeckford Жыл бұрын
Yes they are, I've follow the channel before Portugal, it's real.
@dorisgreen311
@dorisgreen311 Жыл бұрын
Agreed. They are humble, too. They do not boast either. They simply educate those of us who are interested. They are well suited foe each as a married couple. They compliment each other. I love seeing people who are humble and willing to share information. Their children are equally humble, like their parents. They also have a channel teaching the youth. I wish them and their children much financial success.
@christenford3864
@christenford3864 Жыл бұрын
I don't think I've been more happy for anyone I've never met 🤩 y'all give great info, hope and inspiration to so many. Keep it up y'all!!!
@OurRichJourney
@OurRichJourney Жыл бұрын
That is so sweet of you to say! Thank you Christen!!! ❤️
@PenniesNotPerfection
@PenniesNotPerfection Жыл бұрын
Congrats on the Tesla and the income for the month! It's been amazing to watch your journey. You guys are sooo motivational.
@MoNATUREnique
@MoNATUREnique Жыл бұрын
This makes me so freaking happy! I’ve been following you all since 2017 and love to see you all win!! Thanks for encouraging us all the way
@OurRichJourney
@OurRichJourney Жыл бұрын
You are so sweet! Thank you so much!!! ❤️❤️❤️
@tigerrx7
@tigerrx7 Жыл бұрын
My guy looks younger and fresher every video. Love it!
@MrAlexandre3213
@MrAlexandre3213 Жыл бұрын
This family comes across as so genuine 🙂 more people should be like this ...
@machelljohnson7208
@machelljohnson7208 Жыл бұрын
Yes I agree. People like them don't exist anymore. I am sooo jealous! I'm gonna get on board too now!
@machelljohnson7208
@machelljohnson7208 Жыл бұрын
How are u making that much money in a crashing market... Please share, I need help!
@GD-oz7uy
@GD-oz7uy Жыл бұрын
Thanks for the encouragement. I’m happy for you guys. I’m halfway in our journey. Hoping to retire at 48 years old. 10 more years of sacrifice to go.
@tobirates916
@tobirates916 Жыл бұрын
Don’t forget their other point (not really mentioned in this video) to find ways to enjoy the journey even during the sacrifice years!
@jeremybrannan209
@jeremybrannan209 Жыл бұрын
We’re on the same trajectory, GD! Also 38 years old and hoping to be FIRE between 45-48. However, the more I crunch numbers, the more 48 seems like the best choice. I’ll keep hustling until then!
@moseskhalifaemembolu1783
@moseskhalifaemembolu1783 Жыл бұрын
You can do it. Keep going
@samisaeed88
@samisaeed88 Жыл бұрын
Same here hopefully before 50
@KO-wu2og
@KO-wu2og Жыл бұрын
How exciting! Congratulations 🎉 I am so happy that I decided to take your 365 course to financial independence this year.
@OurRichJourney
@OurRichJourney Жыл бұрын
Thank you so much! We’re so excited that you’re sharing your journey with us this year in the program!!!
@Polostar79
@Polostar79 Жыл бұрын
Congratulations Amon and Christina! You guys have put in the work and absolutely deserve to enjoy the fruits of your success.
@DJDuhrel
@DJDuhrel Жыл бұрын
I seriously love and look up to this family. As a 25 year old, I want to be like them one day. 🙏
@smillees3684
@smillees3684 Жыл бұрын
Love the video! I'm curious if you have done a full portfolio video before or have a list of investments. It would be very helpful to see the breakdown of $250k in a month!
@byob1
@byob1 Жыл бұрын
my guess is their portfolio rebounded in January as the market recovered. That should be big part of that $250K. Awesome job saving a lot and building a sizable portfolio!
@davidwong2821
@davidwong2821 Жыл бұрын
I am equally curious and wont love to see the actual breakdown.
@jamescc2010
@jamescc2010 Жыл бұрын
Need to see where the money coming from breakdown please is it for 256k every month that’s crazy good.
@carlcarozza
@carlcarozza Ай бұрын
@@jamescc2010 100%...from where is this monthly coming from
@demetriusking9760
@demetriusking9760 Жыл бұрын
I've been following for about almost two years. It has been great to see your success. What a great family. Keep up the good work.
@samuelandclaudya
@samuelandclaudya Жыл бұрын
well deserved! you've inspired us to start our own journey. congratulations on your new Tesla!
@robbiewillford4601
@robbiewillford4601 Жыл бұрын
I'm glad you guys are reaping the benefits of the sacrifices you have made. Congratulations!
@MrDrRockzo
@MrDrRockzo Жыл бұрын
Can you guys show October’s 2021 stock portfolio update? When you guys bought PayPal, Apple, alphabet and Facebook.
@fk8395
@fk8395 Жыл бұрын
Thank you guys for these videos. I won't retire early per se since I'm starting late but the plan is there and I'm so excited for it!
@komekorrect
@komekorrect Жыл бұрын
Live like no else (the sacrifice) so later you can live and give like no one else (financial freedom)! Love their mindset.
@HawaiianSkies
@HawaiianSkies Жыл бұрын
That is an insane amount of $ in one month. I would like to see the breakdown on this. Cause you have to have a ton of money to make that much from a stock market portfolio alone.
@DocStrange131
@DocStrange131 10 күн бұрын
Yeah, that's why I watched. No doubt a huge amount of capital and green month for the market. Could easily be -250k next month 🤷‍♂️
@Mike_Affholder
@Mike_Affholder Жыл бұрын
You guys got in on the bottom of the market and rode the wave to the top. Perfect timing and execution.
@lanalong6736
@lanalong6736 Жыл бұрын
Just wanted to say thank you for the encouragement.
@davidwelty9763
@davidwelty9763 Жыл бұрын
Question, was that $256k in one month because of the market rally, or do you make that every month?
@kevinm5363
@kevinm5363 Жыл бұрын
Congrats! Been driving my Tesla Model 3 for just under five years now. Figure that the savings in gas and oil has reduced my cost to about Honda level...still love driving this car 😁
@TYJ419
@TYJ419 Жыл бұрын
Enjoyed seeing the girls reactions! Congratulations on your new purchase and such an encouragement to see that paying $60K for a car is possible! Tracey
@OurRichJourney
@OurRichJourney Жыл бұрын
Aww, thank you so much!!!! ❤️
@KhaliahAli
@KhaliahAli Жыл бұрын
ORJ you guys are outstanding! This is well deserved and earned! Great job in your journey of diligence, building, delayed gratification, labor of love, wisdom, family, and so much more!
@rodneyrchicago
@rodneyrchicago Жыл бұрын
Why not use the cash flow from your assets to pay for car (lease) and keep your principal working?
@mashuna001
@mashuna001 Жыл бұрын
Sorry but are u going to make a video of which portfolios
@sunylu
@sunylu Жыл бұрын
Very impressive and congrats on the new and shiny Tesla! Just a quick question about the $256K you made - was it capital gain or did you actually liquidated and cashed out? Asking the question as I am wondering whether I should stay in the market at this point.
@ohangkana1809
@ohangkana1809 Жыл бұрын
Great questions!!!! I would love to hear it too. Was it dividend portfolio? Was it capital gain or you actually liquidated and cashed out?
@wlb0624
@wlb0624 Жыл бұрын
You guys earned it! Great job and congrats 👏
@OurRichJourney
@OurRichJourney Жыл бұрын
📈Looking to learn how to invest? Enroll in our Stock Market Investing Course: www.ourrichjourney.com/investingforfire 🔥Learn more about financial independence and retiring early: Enroll in our F.I.R.E. Master Class: www.ourrichjourney.com/firemasterclass ✈Want to move to Portugal? Enroll in our Moving to Portugal Course: www.ourrichjourney.com/movingtoportugal
@christenford3864
@christenford3864 Жыл бұрын
Y'all I don't have Facebook. Is that imperative to the Stock Market Investing Course?
@Trish.O-q3h
@Trish.O-q3h Жыл бұрын
I am so proud of you all. I have been watching you for years. Good job!
@jayhay1237
@jayhay1237 Жыл бұрын
It's quite amazing what cohesive and complementary couples can do? My personal relationships have been trying to swim against a raging river. I'm quite in awe how you two can manage money together! Impressive
@adange11
@adange11 Жыл бұрын
Most of us have similar issues unfortunately
@MK-ut8ik
@MK-ut8ik Жыл бұрын
Wait I am sorry, I am misunderstanding, are you making $256,000 per month in dividends? Per month or per year? Can you or someone clarify, I am trying to follow and I might have misunderstood. Or were those gains on the capital in one months time in the stock market?
@OurRichJourney
@OurRichJourney Жыл бұрын
The $256k was in capital gains 😀
@MK-ut8ik
@MK-ut8ik Жыл бұрын
@@OurRichJourney Thank you for your response.
@victorblock3421
@victorblock3421 Жыл бұрын
I've been watching your channel for nearly as long as you have had this. I'm happy for you. You earned it 100%.
@jasontaticzek2501
@jasontaticzek2501 Жыл бұрын
Hey guys! Love this video! I would love to know more about your stock portfolio. We do well in covering our ROTH IRA but need more ideas on the stocks individually! Thank you and can't wait for the next video!
@jc4156
@jc4156 Жыл бұрын
how much is the property tax there in portugal.
@FilipinaHustler
@FilipinaHustler Жыл бұрын
PLAY BIG and WIN BIG 🎉 Congratulations 🎊 I’ve been following you guys since 2021 ❤
@carmellejean-paul4334
@carmellejean-paul4334 Жыл бұрын
Yesssss!!!!! Congratulations and so inspirational!!
@rositahl
@rositahl Жыл бұрын
Is part of that $256K endorsement from Tesla? :) - Been following you guys for years, great job and inspiration!
@sulemanpiracha8123
@sulemanpiracha8123 Жыл бұрын
Hello Christina and Iman, wow, that is amazing, congratulations. I have a question: Did you have to transfer funds from the US when you bought your first house in Silver Coast? What is the best and most efficient way of funds transfer?
@vincewoo3415
@vincewoo3415 Жыл бұрын
Congrats! Missed you guys last week.
@marciethefruitysmoothie2.028
@marciethefruitysmoothie2.028 Жыл бұрын
Congratulations on you new whip.👍🚕
@christines5430
@christines5430 Жыл бұрын
Congratulations! It is so wonderful to see you reaping the benefits of your hard work, prudent decisions and sacrifice to achieve financial independence👏🏽
@virtuouswoman67
@virtuouswoman67 Жыл бұрын
I love y’all! Makes Black folks proud! Stay blessed!❤️
@smartdollarschannel
@smartdollarschannel Жыл бұрын
Whats the broker you used a screenshot of on this video?
@Money_Man_Meech
@Money_Man_Meech Жыл бұрын
You guys are the 🐐🐐🐐
@nxadragon
@nxadragon Жыл бұрын
I'm just doing the math... even at a 10% return you are saying you have 20 million invested either through real estate or stocks to have 256k a month correct? Maybe it was 256k a year....if not please make a video on how you over 11 years you amassed 20 million. Thank you and keep the videos coming.
@ivanomaras2776
@ivanomaras2776 8 ай бұрын
They are two very talented people, a beautiful family, and they provide financial training, but $256,000 per month seems like a lot, even if we assume a 10% or 12% return on investment over 13 years since 2011... The only thing I assume is that they bought Bitcoin when it may have cost eight cents. "Perhaps individual stocks." Not etf
@tedvactor2103
@tedvactor2103 Жыл бұрын
we have 3 Tesla's in our family...this car is the future, you've made a great buying decision!!
@jeremyacosta5115
@jeremyacosta5115 Жыл бұрын
How did you get to where you are? We are thinking of relocating to Portugal ourselves but it would be nice to have the passive income you speak of.
@YouGotOptions2
@YouGotOptions2 Жыл бұрын
This is super dope. Congrats.
@OurRichJourney
@OurRichJourney Жыл бұрын
Thank you Todd! ❤️
@Practice_Kindness-1st
@Practice_Kindness-1st Жыл бұрын
I love how you, as a family, think things through so thoroughly. Enjoy that beautiful ride, and the journey! 😉
@mariavittar6290
@mariavittar6290 Жыл бұрын
Thank you for the inspiration 😊
@jeremiahmgranados
@jeremiahmgranados Жыл бұрын
Y’all are so inspiring. Thanks for sharing your journey ❤
@shawnnevalainen1337
@shawnnevalainen1337 Жыл бұрын
Congratulations you guys! You set a great example for all of us regular people :)
@MalluStyleMultiMedia
@MalluStyleMultiMedia Жыл бұрын
Congrats 🍾🎈🎊🎉
@GinaBrittCo
@GinaBrittCo Жыл бұрын
How do you live off dividends or capital gains? Do you have it automatically transferred to your account!? How does this work? Thank you!
@GinaBrittCo
@GinaBrittCo Жыл бұрын
And thank you and congrats 🙏
@pamelaclare6154
@pamelaclare6154 Жыл бұрын
Thank you for the encouragement
@OurRichJourney
@OurRichJourney Жыл бұрын
❤️❤️❤️
@ilyaw.3081
@ilyaw.3081 Жыл бұрын
Congrats!!! How's the access to charging networks around Portugal and Europe?
@lashawn369
@lashawn369 Жыл бұрын
Checking in from the DMV.
@OurRichJourney
@OurRichJourney Жыл бұрын
❤️❤️❤️
@lemorjohnston5006
@lemorjohnston5006 Жыл бұрын
Keep on dropping gems. Enjoy the benefits of your decisions. Stay safe
@OurRichJourney
@OurRichJourney Жыл бұрын
Thank you Lemor! ❤️
@ladym2864
@ladym2864 Жыл бұрын
Just to clarify. Is the $265k appreciation of your portfolio in January 2023. If these are capital gains, were they realized or just on paper. My portfolio went up in January as well. However, I really didn’t think of it as income. It would be helpful is you could provide more details.
@chrisharris_arizona
@chrisharris_arizona Жыл бұрын
Yes, this. And did they sell $60k worth of stock to purchase the car? Or that’s what was in their bank account ready to deploy? Would be beneficial to know these things.
@g.t.t.4304
@g.t.t.4304 Жыл бұрын
My portfolio went up 90k in 3 weeks, but that was a market recover. I was wondering the same.
@samisaeed88
@samisaeed88 Жыл бұрын
We love you here, working in our journey too 🎉😅😊
@brdgtdyg
@brdgtdyg Жыл бұрын
How did you pay for it? Like did you pull money out of the market to do so, or something else?
@JamesUniv
@JamesUniv Жыл бұрын
Your family is an awesome inspiration. Keep up the good work.
@siddkoshpp525
@siddkoshpp525 Жыл бұрын
Have you invested in TSLA stock?
@johnyang8166
@johnyang8166 Жыл бұрын
Love your videos! What do you guys think about MPW for long term?
@FarrahSharpe
@FarrahSharpe Жыл бұрын
Congratulations 🎉🎊 Thank you for sharing and leading the way. 🎉🙏🏾☀️
@OurRichJourney
@OurRichJourney Жыл бұрын
Thank you Farrah!!!
@fran2688
@fran2688 Жыл бұрын
My favorite Portugal KZbin family does it again.
@dreamchaser5758
@dreamchaser5758 Жыл бұрын
People probably whispered and mocked you when you were in the $800 car! Loved how you both were faithful to your vision
@marlyngrant
@marlyngrant Жыл бұрын
I’m interested in FIRE and learn how to invest.
@sylviacacho4771
@sylviacacho4771 Жыл бұрын
How do we rent your Airbnb in Portugal
@Chmms
@Chmms Жыл бұрын
My goal is 1k passive income! Buying my first home in lisbon hopefully in the next 2 months, so excited to learn!
@Amethyst454
@Amethyst454 Жыл бұрын
I❤ love they have very affordable courses. I will be getting them soon.
@mpatreece2726
@mpatreece2726 Жыл бұрын
Y'all are truly inspiring! Congratulations! 🎉 Continued blessings!
@HerbNavas
@HerbNavas Жыл бұрын
CONGRATULATIONS Tesla's are great cars with your net worth you should have two. Thank you for your info one year to go for Fire!
@Yola386
@Yola386 Жыл бұрын
Congratulations!👏🏽👏🏽👏🏽
@gigigeegee
@gigigeegee Жыл бұрын
I’d love to see a video on owning a dog in Portugal. On vet costs, boarding costs since you all travel so much and any additional expenses that have come up since getting your dog. Thank you always for the fantastic content ❤
@LondonBroilSandwiches
@LondonBroilSandwiches Жыл бұрын
Congrats ! I would have loved to get a 718 at that price ! Maybe one day Porsche will come out with an electric one .
@Worldculture7371
@Worldculture7371 Жыл бұрын
You guys are awesome!!
@bradenherle8774
@bradenherle8774 Жыл бұрын
Any videos on how you make that money in passive income?
@samuelwilliams7331
@samuelwilliams7331 Жыл бұрын
You guys deserve it. You earned it.
@dbreezy8716
@dbreezy8716 Жыл бұрын
You've done all the right things....now you can HAVE FUN! That's the model
@AJthatruth
@AJthatruth Жыл бұрын
I thought u were going to show the portfolio like back in the day??
@termita358
@termita358 Жыл бұрын
Please look uo a video of the cobalt mining in Africa. 🙏
@99leadpencils
@99leadpencils Жыл бұрын
This video came at a really good time for me. My partner and I are looking to buy our first home and found a dream house that needs updating for $1.1M. This is a bit less than double our net worth. Home prices are down 30% in my area, and this seemed like a great deal for the lot, location and square footage (>2500). However, with interest rates being so high the mortgage payment will severely reduce our ability to save. This video was a good reminder that we're in the building phase still and shouldn't get too far over our skis. If we can get this house for a deal and put in our sweat equity, it could still be a good deal, but we can *also* stay more diversified do the same thing with a cheaper property.
@vtheb1299
@vtheb1299 Жыл бұрын
I think it depends - a home is also an investment and a good inflation hedge, but a car is a liability.
@TheQUBANQT
@TheQUBANQT Жыл бұрын
A home is NOT an investment.
@ivearies4187
@ivearies4187 Жыл бұрын
Congratulations! Sacrifices with patience pays dividends. Literally! Enjoy ❤
@KamrynUtley-Setter
@KamrynUtley-Setter Жыл бұрын
Nice! Well done, well earned
@isabellecastelain8215
@isabellecastelain8215 Жыл бұрын
Thank you for this video Just a question : how do you split your investment between real estate and stocks ? Thanks
@yoreltrust4059
@yoreltrust4059 Жыл бұрын
So happy for ORJ. I have driven a Tesla Model X for nearly seven years. It is the most amazing car i have ever driven. Now that it is paid for i decided to self insure against repairs rather than pay for an extended warranty. Tesla wanted five thousand for two more years and car shield wanted $300.00 per month. Rather than pay them $300 per month i decided to save $500 per month toward my repair when it occurred. The first year without coverage I did not have any repairs. The second year i had a $500 repair. I was not surprised by this at all because Tesla has removed nearly all moving parts. There is no engine, no transmission, no timing chains, no hoses, belts, no radiator, no muffler. This car is simply amazing. So very happy that you are now driving what i consider the perfect car. My son traded in his tesla model X for a model Y. I love driving it. Its perfect in every way. Perfect size. Lots of cargo space, enough range, high tech and drives itself. When you take your foot off the accelerator the car stops so your brakes wont wear out. Have never driven a car for six years without replacing the brakes. Dont think i have driven another car for six years. Another amazing thing. Not a speck of rust after six years of snow, ice and salt in ohio winters. Simply amazing
@Hello_PE
@Hello_PE Жыл бұрын
Congratulations! And thank you for sharing your knowledge with us. This was a great video. Wishing you all the best!
@cynthiaowens9107
@cynthiaowens9107 Жыл бұрын
Congratulations! 🚗👍🏽
@hellofuture2656
@hellofuture2656 Жыл бұрын
I see a king who rise his kingdom to the top 🤴
@OurRichJourney
@OurRichJourney Жыл бұрын
❤️❤️❤️
@moneyinyour30s
@moneyinyour30s Жыл бұрын
Great video, and congrats on the new car!
@galatea5455
@galatea5455 Жыл бұрын
Love Amon and Christina's content and have been putting some of it into practice, but I'm wondering if anyone has recommendations on FIRE youtubers who's FIRE plan does not include real estate? I have no interest in the real estate market and would love to learn about a FIRE journey that did not include it.
@tedvactor2103
@tedvactor2103 Жыл бұрын
super intelligent advice from "real" people...
@naomicameron1033
@naomicameron1033 Жыл бұрын
Congratulations guys!!! I've been watching your channel for a long time and I remember the "sacrifice" phase. It's a blessing and an encouragement to see you reap the fruits of your labor!! I'm in your 365 day FIRE class and I'm enjoying the process. Thank you for developing this helpful resource and making it available for everyone. You rock!!
@growwithme7451
@growwithme7451 Жыл бұрын
Your channel is amazing.
@berean700
@berean700 Жыл бұрын
Cool car. Out of curiosity: how long does it take to charge a Tesla?
@OurRichJourney
@OurRichJourney Жыл бұрын
Thanks Walter! It depends on the charger. At home, we just charge it at night overnight. But, with a supercharger, it can take about 30 minutes for a full charge!
@dorisking2333
@dorisking2333 Жыл бұрын
thank you so much for this valuble information, I am 65 is it to late to invest ?
@Cathy-nr5qi
@Cathy-nr5qi Жыл бұрын
So excited for you guys, congrats! My only question is how much your electricity bill will go up and will the gas savings more than offset the bill increase.
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