The Book That Changed My Financial Life 🤑

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Ali Abdaal

Ali Abdaal

Күн бұрын

In this episode of BOOK CLUB, we're talking about 14 money rules I follow to build and keep wealth which I learned from reading Morgan Housel's book 'The Psychology of Money'. These lessons have helped to change my outlook and attitudes to money and are super useful to learn early on in your journey to financial independence!
- Sign Up To Curiosity Stream To Get the FULL version of this video with all 14 lessons on Nebula: curiositystream.com/ali
- Buy The Psychology of Money: geni.us/5opc3P
- BOOK CLUB Playlist: • Book Club
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Timestamps:
00:00 Intro
00:26 Lesson 1 - Everyone has different attitudes towards money
01:18 Lesson 2 - Don’t underestimate the importance of luck
01:51 Lesson 3 - Learn to say “this is enough”
04:11 Lesson 4 - Appreciate the magic of compounding
05:30 Lesson 5 - Save as much as you can
06:59 Lesson 6 - Focus on not screwing up
08:13 Lesson 7 - Use money to buy freedom
09:10 Lesson 8 - Getting wealthy is different to staying wealthy
10:18 Lesson 9 - Don’t be a flashy twat
11:17 Lesson 10 - Leave room for error
12:35 Lesson 11 - Avoid extreme financial commitments for your future self
13:45 Lesson 12 - Be reasonable rather than rational
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Пікірлер: 1 800
@PowerOf_TheMind
@PowerOf_TheMind 10 күн бұрын
drop everything you're doing and find an ebook called making money your reality, trust me on this
@PavleYoutoubee
@PavleYoutoubee Ай бұрын
its kinda crazy how no one talks about Nixorus and book called Ancient Wealth Wisdom
@rileydawnofficial4335
@rileydawnofficial4335 2 жыл бұрын
I love how fast he talks. Doesn’t waste time and gets straight to the point. I appreciate humans like this. I subscribed.
@maximiliankiel2996
@maximiliankiel2996 Жыл бұрын
He just sped up his video by 25%, switch the speed to 0,75 to see him talk like every other human 😅. Those KZbinrs…
@bravokarthi6600
@bravokarthi6600 Жыл бұрын
@@maximiliankiel2996 he really speaks fast...
@starmorpheus
@starmorpheus Жыл бұрын
@@maximiliankiel2996 Lol what? You can tell it's his normal talking speed. He has podcasts with other people where he speaks the same way. What a strange comment to make.
@bjcee
@bjcee Жыл бұрын
Yeah no, I don’t. It’s hard to follow. Thank god for the speed button.
@zakariasoulaymani5364
@zakariasoulaymani5364 Жыл бұрын
@@maximiliankiel2996 i
@pearlgirl
@pearlgirl 2 жыл бұрын
“Savings = Income - EGO” was my favorite quote
@avenue2revenue
@avenue2revenue 2 жыл бұрын
Yeah, everyone should stop keeping up with the Joneses!
@VedavyasRS
@VedavyasRS 7 ай бұрын
Wow, best quote ever 👏😍
@samonearth9507
@samonearth9507 2 жыл бұрын
"There is no reason to risk what you have and need, for what you don't have and don't need." I really liked the quote.
@srourfamily
@srourfamily Жыл бұрын
i purchase my home at age 19, and now own 10 houses but will not take risk that "sense of security" Most individuals from previous investing and now broke and dead, because of chasing money that their bodies couldnt keep up!! fools and senseless way of living. Ego and Status Models that rip the soul.
@MilionareClub1
@MilionareClub1 Ай бұрын
Best book that I ever read was "Rich People Know This", what I founded inside was miracle. So facinating facts about riches mindes and how they think is banger. Would reccommend to every person who wants to get rich!
@risk-mq6xm
@risk-mq6xm Ай бұрын
Where Did You Find The Book?
@meganlouise8943
@meganlouise8943 2 жыл бұрын
When you stop learning, you get left behind. Never stop educating yourself
@simonethomas9393
@simonethomas9393 2 жыл бұрын
I love this, i pray this message gets to everyone who needs it
@simonethomas9393
@simonethomas9393 2 жыл бұрын
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), bitcoin, and gold. I'm also working on an investment plan that includes NFTs with my advisor,Kelvin Maorgan. It's been a year and half of steady growth.
@danaandrioaie1495
@danaandrioaie1495 2 жыл бұрын
@@simonethomas9393 You have a point, lately I found out that we have lots of opportunities to become financially free but most times we let this opportunities pass
@danaandrioaie1495
@danaandrioaie1495 2 жыл бұрын
Just like bitcoin, got to know about bitcoin from a friend 6 years ago but didn't see any reason to invest it it then, that's one decision I regret everyday
@franknedu1957
@franknedu1957 2 жыл бұрын
@@danaandrioaie1495 exactly, bitcoin has lots of potential but people prefer keeping there money in banks than investing. From my research nobody became super rich through savings put that money to work
@JacquiMwangi
@JacquiMwangi 2 жыл бұрын
Ali your videos are always insightful, practical and delivered with no fluff! 🙏🏾
@andrewcleverly1322
@andrewcleverly1322 2 жыл бұрын
When you invest, you are buying a day that you don't have to work. I pray everyone reading this becomes successful.
@andrewcleverly1322
@andrewcleverly1322 2 жыл бұрын
@John Alfred Crypt0 investment, but you will need a professional guide on that.
@andrewcleverly1322
@andrewcleverly1322 2 жыл бұрын
@John Alfred you can reach out to him now on FB 👇
@andrewcleverly1322
@andrewcleverly1322 2 жыл бұрын
@John Alfred Mark J. Ramsey
@myytchannel6632
@myytchannel6632 2 жыл бұрын
You stole this comment, FOOL!
@Sallyman5741
@Sallyman5741 2 жыл бұрын
@@myytchannel6632 these are investment Bots dont fall for the tricks Theyre all over YT
@JeffreyFay
@JeffreyFay Жыл бұрын
11:05 I think this was such an important point and I can’t believe how briefly you covered it!
@svenoliver6040
@svenoliver6040 2 ай бұрын
Ali is beyond amazing. “How to secure wealth”
@svenoliver6040
@svenoliver6040 2 ай бұрын
Making money is action, keeping money is behavior and Growing money is knowIedge.
@svenoliver6040
@svenoliver6040 2 ай бұрын
I am fortunate I made productive decisions that changed my life forever (accumuIated over a MiI) through my finance-mentor. I'm a single parent, bought my house in January and hoping to retire at 53 by next year.
@svenoliver6040
@svenoliver6040 2 ай бұрын
sear ch the name, lf you care.
@svenoliver6040
@svenoliver6040 2 ай бұрын
*Rebecca Martin Watson*
@gabytrumbull7880
@gabytrumbull7880 2 ай бұрын
im amazed to partake on this, lt has rekindled the fire to my goals..
@lenarindegard1203
@lenarindegard1203 2 жыл бұрын
I love how fast he talks yet is so clear:). Love his videos! Always great content.
@pnwmax
@pnwmax 2 жыл бұрын
new to the channel and here for 2022. love how you share useful and necessary info and so simply that everyone can get at least something lasting from each of these.
@bertjames436
@bertjames436 2 жыл бұрын
Looking forward to acquiring ASX stocks what do you think
@donald245
@donald245 2 жыл бұрын
Traded ASX some years ago but i must say US stocks are vry much okay and of higher value with quicker gains.
@kathleenstoner.n7499
@kathleenstoner.n7499 2 жыл бұрын
I too will advise u check US stocks u can get a registrd exprt to do the tradings for u or See *Sandra Yvonne Webster* on the nets she's registrd & vry good. Do your own research.
@dr.karidouglas1312
@dr.karidouglas1312 2 жыл бұрын
She was here in Sydney for a seminar. Great speaker, full of humor and rhetorics too. Lol!
@p.kmccain6297
@p.kmccain6297 2 жыл бұрын
True being on oil & gas for years
@morganlulu
@morganlulu Жыл бұрын
I love that he talks fast and what he says contains no fluff. THANK YOU ALI! I actually am listening and absorbing information.
@numberoneappgames
@numberoneappgames Жыл бұрын
The love the candid and open discussion on money in this video. It was definitely worth the watch. 😊💜
@joydeepbhattacharjee3849
@joydeepbhattacharjee3849 2 жыл бұрын
psychology of money was gifted to me by my wife on my birthday. It is the best book that I have read in recent years. I truly agree with the base assumption of the book that at a personal level money is about psychology, discipline and grit and not about formulas and maths.
@thecliche3467
@thecliche3467 2 жыл бұрын
Dude, love you videos, just came across the channel over the last week, and love it. especially these Book Club vids, as an avid reader myself, I do think that 80% of the messages within a self help / progress book can be conveyed in 15 minutes, so loving this form. well done man.
@pranb3702
@pranb3702 2 жыл бұрын
1. Everyone has different attitudes towards money 2. Don't underestimate the importance of luck 3. Learn to say "this is enough" 4. Appreciate the magic of compounding 5. Save as much as you can 6. Focus on not screwing up 7. Use money to buy freedom 8. Getting wealthy is different to staying wealthy 9. Don't be a flashy twat 10. Leave room for error 11. Avoid financial commitments for your future self 12. Be reasonable rather than rational
@articolo6
@articolo6 2 жыл бұрын
whats the rest 3?
@nainashrivastava5908
@nainashrivastava5908 2 жыл бұрын
thank you so much !
@vickyvick8294
@vickyvick8294 2 жыл бұрын
Thanks
@thanafc5799
@thanafc5799 2 жыл бұрын
Thank u very much 🙏♥️
@shirin8402
@shirin8402 2 жыл бұрын
thanks to you from the bottom of my heart!
@teegnas
@teegnas 2 жыл бұрын
I have read the book and listened to the audiobook on audible ... but I gotta say that this is the best summary of the book on the internet if anyone is looking to reinforce the learnings from the book
@atanasfit
@atanasfit Жыл бұрын
Totally agree, Sangeet! Such condensed information and structured in the right way.
@matthewrk84
@matthewrk84 Жыл бұрын
Is it still worth reading the book having watched this?
@tshego_ceodesk
@tshego_ceodesk 2 жыл бұрын
Morgan Housel was a guest speaker at the CFA South Africa conference this year and I loved his insights and had a mental note to get the book. Now you've convinced me to buy the book and read it over my December leave since I always do personal finance mindset refreshers for my overall life planning. Fantastically done Ali! Thanks
@lmkestep
@lmkestep 2 жыл бұрын
Very inspiring and good reminder to be thankful for what we already have! Thank you Ali.
@n_kennedy3015
@n_kennedy3015 Жыл бұрын
I watch a lot of your videos, and I should say this is the best video among your other videos. Seriously love what you're doing and keep on!
@augustineboruvka4396
@augustineboruvka4396 Жыл бұрын
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
@cliffordmatthew2789
@cliffordmatthew2789 Жыл бұрын
We have learnt in investing journey that you can't control the market but you have the power to control your actions in the market
@natalieattkisson7997
@natalieattkisson7997 Жыл бұрын
@@cliffordmatthew2789 It's important to have patience in order to build wealth. In fact, patience might be one of the most important factors in lnvesting.
@natalieattkisson7997
@natalieattkisson7997 Жыл бұрын
@@cliffordmatthew2789 Sometimes we're the only ones stopping ourselves from moving forward b/c of our emotions. With a strong-willed mindset, anything is possible.
@davidbjorn8891
@davidbjorn8891 Жыл бұрын
@@natalieattkisson7997 I have been thinking about how to grow my reserve by 100% or more within months. I will be grateful if you can give tips or anything on how to make good market picks and how I can get my portfolio diversified and balanced in order to meet up my targe
@deannagimenez1744
@deannagimenez1744 Жыл бұрын
@@davidbjorn8891 Think long term, personally i ventured into the market so i won’t be stranded after i retire. A colleague of mine introduced me to CFA " HELEN EUGENIO TORRALBA " who drew out retirement plans and they all aligned with what i wanted and had to pick one plan and with her exit and entry strategies on commodities , securities and digital assets, my portfolio has really been diversified with good ROI. I am really impressed by how much i have achieved
@abigailchiu
@abigailchiu 2 жыл бұрын
I love your book club series the most out of all your content series! Keep the wonderful summaries coming
@fahanibrahimhashi
@fahanibrahimhashi 2 жыл бұрын
Love that you discussed the emotional side of personal finance
@TravisPassiveIncomeTips
@TravisPassiveIncomeTips 2 жыл бұрын
me too!
@heinfinance
@heinfinance Жыл бұрын
Thank you for making book review videos! I learned many insights from the books just by watching your review video
@allbymyself4927
@allbymyself4927 2 жыл бұрын
I am currently reading this. I love the kindness undertone, the i understand tone of a friend, judgement free zone. It has helped to encourage me to save more.
@taurustreasury
@taurustreasury Жыл бұрын
Your review perfectly captures the essence of this book. It's a must-read for anyone interested in personal finance.
@shantanusinghjhala4452
@shantanusinghjhala4452 Жыл бұрын
Bro this is my first ever comment on you tube....generally I see videos on 1.5x or 2x speed...but because of your speed I saw this video at 0.75x...but nice work bro👍
@andersonlelis6994
@andersonlelis6994 Жыл бұрын
Same here! First time I’ve used 0.75x 😂 Very nice content!
@juleswifey6003
@juleswifey6003 8 ай бұрын
Never thought to do that with Ali. Lol😅
@7february2013
@7february2013 8 ай бұрын
Same here! 😂
@VedavyasRS
@VedavyasRS 7 ай бұрын
LoL 😆 you're right bro 🤣
@jagdishdhami2838
@jagdishdhami2838 7 ай бұрын
​@@juleswifey6003😊
@LifeOfFahimFaysal
@LifeOfFahimFaysal 2 жыл бұрын
Extremely valuable information! Can't thank you enough for creating and sharing this video. :)
@insyirah21
@insyirah21 Ай бұрын
I'm so glad I found this channel, very helpful. Thanks
@jettyung2389
@jettyung2389 2 жыл бұрын
Paid off my students loans early putting as much as I could afford from my salary into it, and just as Ali suggests with his mortgage example, it is not the best thing to do at all, but the emotional value of having that weight off your shoulders just gives me peace. In the end, I just want peace.
@angeldeschain0
@angeldeschain0 2 жыл бұрын
In the end, you are buying freedom, and freedom is a subjective matter. Congrats
@charisginn6932
@charisginn6932 2 жыл бұрын
Same!! I took out student loans my first year and then worked my ass off to pay them down while still in college. It would've been much "smarter" to wait since they weren't accruing any interest at all...but graduating debt free was an amazing feeling and 100% worth it.
@marthaayalew2505
@marthaayalew2505 2 жыл бұрын
Am trying to figure out to pay off or invest since what o saved is equivalent of how much I owe! Lol Regardless u did great debt is debt.
@britneyferndx763
@britneyferndx763 2 жыл бұрын
@@marthaayalew2505 i wouls say invest half and pay off the other half that way you done have to decide too much
@marthaayalew2505
@marthaayalew2505 2 жыл бұрын
@@britneyferndx763 good idea! Thx
@ChrisInmanDrums
@ChrisInmanDrums 2 жыл бұрын
I needed this! Going into the new year with a renewed focus on getting good with money (not that I’m the worst, but…). Want to invest loads into this channel and for that I need 💰💰🤷🏻‍♂️ Gonna get this book to read in full. Thank you man 🙏🏼
@tanmaymiddha1988
@tanmaymiddha1988 2 жыл бұрын
What a brilliant video, simplified the learnings so much. Thank you
@cosmasmbah5358
@cosmasmbah5358 2 жыл бұрын
Thank you so much! This is one of the most Amazing videos I've watched in a while.💙
@phanithxp6479
@phanithxp6479 2 жыл бұрын
Looking forward to see more books summary. Great advices and good video quality 👏
@TravisPassiveIncomeTips
@TravisPassiveIncomeTips 2 жыл бұрын
same
@andrewgiang7521
@andrewgiang7521 Жыл бұрын
Sounds like an amazing book. Funny enough, a lot of these I have already shared same values. But hard to find like minded. Glad to see there must be many who share these goals
@edodoc
@edodoc 2 жыл бұрын
Amazing Value from the video! I've read the book two times and your video sum up all the key features! You are as always a truly inspiration! Thank you Ali, love from Italy🇮🇹
@NedaPeeff
@NedaPeeff 2 жыл бұрын
Fantastic book summary. Thanks so much! 💞
@Reejix
@Reejix 2 жыл бұрын
"Protect your wealth and cure your illness with charity." Imam Ali (AS)
@TheNetworkViking
@TheNetworkViking Жыл бұрын
😍😍😍😍😍😍Janam Fidai Haidari... Greatest advices from the master of Believers!
@jessopedia-J
@jessopedia-J 2 жыл бұрын
"This is enough " my favorite...thanks Ali for this great video 👍
@baycas
@baycas 2 жыл бұрын
Great review! I just finished reading the book last night and I couldn't agree more with your statement.
@MariyaKapasi
@MariyaKapasi Жыл бұрын
Hi Ali, I truly enjoyed this video. I enjoy a lot of the content you put up but this video I particularly enjoyed for the art direction. I thoroughly enjoyed reading the book and the way your video is filmed actually makes me feel like I am sitting with a friend sharing about a book I enjoyed reading. PS My friends and I have a tiny book club and I look forward to BookClub Saturdays!
@MindLifeFlow
@MindLifeFlow 2 жыл бұрын
Hey Ali, Thanks for being so refreshingly honest and real. I found you via David Perell with him recommending your Part-Time KZbin Academy.. I missed the deadline for this cohort but I signed up for your waitlist. In the meantime, I thought I might just check out your actual YT channel to see who this Ali is. My goodness, your good. I came here looking to see whether I could learn something about your style....but before I could, your content certainly grabbed my attention. To think, I just came to see your style, so as to prepare me for joining your YT program, but your great content piqued my interest too. Thank you!
@felixomoro9450
@felixomoro9450 6 ай бұрын
I loved the part where you said that; Your wealth is counted in the money that you have not yet used.
@mvanwie
@mvanwie Жыл бұрын
Goes to show the prominence of financial education, help and advice. Definitely adding to my collection
@rg1283
@rg1283 Жыл бұрын
This is absolutely the finest financial advice I've seen in KZbin. Thank you
@geniusidea9038
@geniusidea9038 2 жыл бұрын
I'm currently living with my parents and I disturb them all day by telling what I read everyday . I think unknowingly it is a great way to remember what you read. And now I’m currently about 80% through "Playbook to Millions by Grant Cardone. I have read a lot of entrepreneurial books and self improvement books, and this book is my absolute favorite. This book is extraordinary and really gets you to work extremely hard toward your goals in life and succeed at multiple different areas like personal finance, business and career. This is an absolute must buy if you need a push to get you going in business or you want more out of life.
@NewSaltH2o
@NewSaltH2o 2 жыл бұрын
Wow all I can say is that advice is spot on. I am 50ish 100% debt free, no mortgage, paid for basic vehicles and work a job I enjoy. You are absolutely correct on every point you have made. My time is free to do whatever I want because I’m not tied to any debt. Thank God I learned the lessons you are talking about early. Your content is well made and very helpful. Keep up the good work!
@mikegregors3876
@mikegregors3876 Жыл бұрын
Your living the dream , i work my hardest to achieve this lifestyle when I am between 40-50 .
@lorrainelou4449
@lorrainelou4449 2 жыл бұрын
Definitely getting this book! Thank you 🙏🏽
@OliviaAmbani
@OliviaAmbani 2 жыл бұрын
Thanks for this!! Learnt so much, even got the book so excited to read it!
@parisjones9328
@parisjones9328 2 жыл бұрын
Excellent recap! My boss read this book and I think it was lost on him and he didn’t recommend it. I’m definitely going to pick it up now! Love how your priorities have shifted over the time I’ve watched and reminds us all that money doesn’t have to change people for the worse. Great stuff Ali thank you
@mahipalsingh9361
@mahipalsingh9361 2 жыл бұрын
This is correct because I had a mortgage on my house and I worked twice as hard and cleared that and to tell you the truth it feels quite good. And once I did that I found out that the sources of income stayed with me and now I can save them and put them in right place.
@The-prosperity-Hub
@The-prosperity-Hub 11 ай бұрын
Hey Ali. Tnx for an amazingly elaborate review of The Psychology of Money. You summary is so precise but covers all aspects of this books. I hate listening to king speeches and videos and I have to say you made it so interesting for on to listen and grasp the lessons as I’m currently reading the book and enjoy listening to reviews after every reading chapter. 🌹
@richardalliers4651
@richardalliers4651 2 жыл бұрын
You are an inspiration and I loved this video so much. Please keep up the great work! I am reading and practicing all that you teach.
@ShivanS
@ShivanS 2 жыл бұрын
"50 Shades of Grey", the most productive ruler/line guide drawer.
@sbuciec4609
@sbuciec4609 2 жыл бұрын
I wish this guy was my teacher at some point in my life. Fast, straight to the point but retained my undivided attention for 16 mins straight and I grasped everything he said😂💯
@fuadfusm
@fuadfusm Жыл бұрын
Ali, I want more and more this type of videos from you. ❤️
@makoltour7652
@makoltour7652 2 ай бұрын
This is one the summary I been dying to equip.i really appreciate the helpful information
@Richardsondx
@Richardsondx 2 жыл бұрын
I loved this book! :) This is one of the best book on finance I read last year. I read it 3 times - The audiobook is also great by the way
@busembertiz7372
@busembertiz7372 Жыл бұрын
The book was very shallow. If u liked that book that means u haven't read financial books enough.
@jackwyatt9649
@jackwyatt9649 2 жыл бұрын
It’s easier to make money now, investors should make more practical moves this coming year and seek guidance where needed since the future is unknown. Stocks with solid operational performance and financial strength, should be considered .
@joerobert1801
@joerobert1801 2 жыл бұрын
Investors should anticipate the factors that impact portfolio performance and make decisions based on their expectations.
@noelstout3056
@noelstout3056 2 жыл бұрын
I think it’s best for investors to play it safe, No one can say what how the stock market will turn out this year. I bought some stocks I expected to do better but they didn’t.
@seanroger6954
@seanroger6954 2 жыл бұрын
@@noelstout3056 you should probably make adequate research on stocks before adding to you portfolio or seek guidance, my portfolio has grown rapidly with the guidance of my FA Dan Raziel who’s helped added dividend paying stocks with regular income despite market volatility and with Dan at the helms of my trades, there’s been increase in my annual earnings.
@rahultoggi4672
@rahultoggi4672 2 жыл бұрын
@@seanroger6954 Someone recommended Dan Raziel on an investment webinar I was on, how has he enhanced your earnings?
@seanroger6954
@seanroger6954 2 жыл бұрын
@@rahultoggi4672 Dan has greatly enhanced my earnings with huge capital gains and his trades has been life changing. In my first 6 months, he earned me a trade profit of $116,000 with an investment of $18,000. He constantly help identify lucrative positions to earn from and this has helped cleared all my debt, retirement came early with no regrets.
@Jay-cl7cq
@Jay-cl7cq Жыл бұрын
Hey that was a great summary ! I already read this book a while ago but it was nice to refreshing the memory!
@wunmithegreat
@wunmithegreat 6 ай бұрын
You are such a good teacher📌🔥 Thank you
@esiedler1
@esiedler1 2 жыл бұрын
Acquiring wealth is only half the battle the other half is maintaining your riches
@someonewhocares...2513
@someonewhocares...2513 2 жыл бұрын
Oh sod off, will you?
@knilloc8095
@knilloc8095 2 жыл бұрын
How are you verified when you don't have a channel
@moosdeboer6469
@moosdeboer6469 2 жыл бұрын
its way harder to acquire wealth, this quote is big dumb
@intello8953
@intello8953 2 жыл бұрын
What a cringe quote but aight I guess
@Juduh
@Juduh 2 жыл бұрын
Repent, trust, and believe in Jesus and be saved. John 3:16“For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. For God did not send his Son into the world to condemn the world, but to save the world through him.”
@BusinessAuthorAcademy
@BusinessAuthorAcademy 2 жыл бұрын
As a money book writer, I liked the pointing out that you need to have limits in place. In my book, I talk about greed (the HIH scandal) and how our emotions rule our money decisions more than we think.
@carlyndolphin
@carlyndolphin Жыл бұрын
I’m greedy.
@Emily-jw1wj
@Emily-jw1wj 2 жыл бұрын
I really adore how fast you talk. People ask me to stop talking so fast all the time. But if I slow down I lose my train I thought. Not sure how I subscribed to your channel but I'm glad I did. Thank you
@XennaC
@XennaC Жыл бұрын
Very very well placed and stated. Thank you 🙏🏻. 💯
@keltz5028
@keltz5028 2 жыл бұрын
Many on KZbin summarizing this book… best is yours. You captured the points well and explained it clearly. Could have done away with background music and playback speed slowed to 0.75
@romelindareyes7337
@romelindareyes7337 2 жыл бұрын
Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for
@kelvinl.3875
@kelvinl.3875 2 жыл бұрын
👌
@kelvinl.3875
@kelvinl.3875 2 жыл бұрын
A great work demands a great sacrifice.
@benildabituin1531
@benildabituin1531 2 жыл бұрын
Speaking about investing, I have been finding a hard time choosing what to invest on, anyone with ideas to help me with?
@colegaligger7072
@colegaligger7072 2 жыл бұрын
@@benildabituin1531 I'm into real estate investing
@colegaligger7072
@colegaligger7072 2 жыл бұрын
Real estate lets people grow their net worth by amassing more properties. Its a good long term investment idea due to appreciation
@s.u.k.k.u8765
@s.u.k.k.u8765 2 жыл бұрын
Absolutely amazing video! 🙌🏻
@createwithasma7321
@createwithasma7321 2 жыл бұрын
I honestly appreciate the video.Thank you !!
@isabellaharper3493
@isabellaharper3493 2 жыл бұрын
STARTING EARLY IS THR BEST WAY OF GETTING AHEAD TO BUILD WEALTH, AND INVESTING REMAIN A PRIORITY. THE STOCK MARKET HAS PLENTY OF OPPORTUNITY TO EARN A DECENT PAYOUTS, WITH THE RIGHT SKILLS AND A PROPER UNDERSTANDING OF HOW THE MARKET WORKS.
@charleslapson4939
@charleslapson4939 2 жыл бұрын
Understanding the various phases is critical because it can assist you in preparing and forecasting future price movements
@charleslapson4939
@charleslapson4939 2 жыл бұрын
Cryptocurrency is a very good option if you would like to trade online.
@mohammadmurphy3927
@mohammadmurphy3927 2 жыл бұрын
@@charleslapson4939 Please enlighten me more about trading
@mohammadmurphy3927
@mohammadmurphy3927 2 жыл бұрын
I heard there are Expert who knows how to forecast the 📈 very well.
@charlottegomez5279
@charlottegomez5279 2 жыл бұрын
Because a lot of investors are confused about how the traders use their money
@Ahem2002
@Ahem2002 2 жыл бұрын
making money (offence) and saving or conserving money (defence) are opposite moves. I think they come together, so you can't be offensive/defensive all the time in financial management, it needs to be both.
@mariamnagujjatheladiesguid8757
@mariamnagujjatheladiesguid8757 2 жыл бұрын
Just got to watch you today but I feel like not stopping.... wow... thx Ali
@AbacusAxolotyl
@AbacusAxolotyl Жыл бұрын
I’ve watched so many of your videos and only recently realised that you always dynamical enter the video in some way and it’s brilliant 😂
@hopeinparis
@hopeinparis 2 жыл бұрын
There's a ton of important ideas in this video and I suggest, even to native Engish speakers, to use the settings to slow the speed to 75% : this will greatly increase your ability to truly assimilate the information. Thank you for a good post, Ali.
@NataliaNNS
@NataliaNNS Жыл бұрын
When the video started, I checked my settings to see if I’d accidentally chosen 1,5 or 1!75 speed 😅
@mo-hammadabunaser1367
@mo-hammadabunaser1367 2 жыл бұрын
Generational wealth, that's the goal. Thanks for the video, seems like a great read.
@nsivils81
@nsivils81 7 ай бұрын
Normally I listen to KZbin videos at 1.5 speed but you did great. Just my speed! great content, i subscribed! Looking forward to learning more!
@scottd9294
@scottd9294 2 жыл бұрын
Great vid, loved this book so thanks for the reminders and summary
@wilsonjudson1650
@wilsonjudson1650 2 жыл бұрын
The wisest thing that should be on every wise individual's list is to invest in different stream of income and don't depend on the government to bring in money especially now the pandemic is hitting the economy
@fredrickconte6270
@fredrickconte6270 2 жыл бұрын
you are definitely right , waiting on the government is a big waste
@wilsonjudson1650
@wilsonjudson1650 2 жыл бұрын
Investments are the stepping Stones to success especially if you been guided by a professional
@williamjohn1374
@williamjohn1374 2 жыл бұрын
Investing is good but investing in the right thing is the actual key to success . who is your pro ?
@wilsonjudson1650
@wilsonjudson1650 2 жыл бұрын
That was exactly what I did, I trade with a professional stock expert "VIVIAN KLAINE MORGAN " who i met in one of the seminars..
@wilsonjudson1650
@wilsonjudson1650 2 жыл бұрын
There are so many investment out there but if profits must be considered then not all investments are good to go into.
@SuccessWithSam
@SuccessWithSam 2 жыл бұрын
Ali’s transparency and honesty has really motivated me to live my truest life.. whether he is a doctor or a youtuber.. his insights are priceless 👏🏽 🚀 🌙
@reubenjedidiahchipemba1608
@reubenjedidiahchipemba1608 Жыл бұрын
Thank you for sharing these lessons, they have actually changed my all views on the psychology of money. Thank you.
@PhilippayFiasco
@PhilippayFiasco Жыл бұрын
The lesson of being reasonable over being rationale is perhaps the one that spoke to me the most. Awesome video!
@heckyesitsjess84
@heckyesitsjess84 2 жыл бұрын
Thank you so much for helping me read this book without reading this book. Great overview.
@BlindtoBillionaire
@BlindtoBillionaire 2 жыл бұрын
Hi! Thanks again for another awesome video! I discovered you a couple months ago and have been loving your content! I feel like you provide a lot of value in your videos and you are pretty funny also! Thanks again, looking forward to the next one! Matt
@user-dv8og7pf8j
@user-dv8og7pf8j 2 жыл бұрын
.
@aftabahmed2246
@aftabahmed2246 2 жыл бұрын
8
@mskyba
@mskyba 2 жыл бұрын
But his name is Ali, not Matt
@anxum4208
@anxum4208 8 ай бұрын
I always feel motivated when I watch your videos.
@adestephen7986
@adestephen7986 5 күн бұрын
This is amazingly educative!
@tammy21_4
@tammy21_4 2 жыл бұрын
This book literally changed my life❤️🙌
@aliabdaal
@aliabdaal 2 жыл бұрын
If you enjoyed this video, you might like my weekly newsletter, where I share actionable productivity tips, practical life advice, and high-quality insights from across the web, check it out here: go.aliabdaal.com/subscribe-sundaysnippets
@masternobody1896
@masternobody1896 2 жыл бұрын
its not about how much money you make its how about how much money you keep and how much you give - rich dad
@meandmy9745
@meandmy9745 2 жыл бұрын
Yur speaking tooo fast... Please thora kam speed se bolei ta k audience ko kch samjh b ay. Most of the people have that ability to listen n understand fast words. but some of them dont have. I hope ull think about it.
@poisson6673
@poisson6673 2 жыл бұрын
Next vid suggestion: *How productively study for logical reasoning based competitive exams like JEE ADVanced and stop talking about active recall,spaced repetition which only applies for easy memory based american medical exams for noobs....I mean JEE adv is smthg of another level* Wasted my time nd money on that skillshare course of his [how to study for exams]...mybadd...ended up with perfectionism,analysis paralysis,etc and that the methods discussed only apply for memory based exams
@altArchitecture
@altArchitecture 2 жыл бұрын
Not a bad idea!
@Juduh
@Juduh 2 жыл бұрын
Romans 10:-108But what does it say? “The word is near you; it is in your mouth and in your heart,” that is, the word of faith we are proclaiming: 9that if you confess with your mouth, “Jesus is Lord,” and believe in your heart that God raised Him from the dead, you will be saved. 10For with your heart you believe and are justified, and with your mouth you confess and are saved.
@NNA1984
@NNA1984 Жыл бұрын
Thank you for sharing. When we know enough is enough, we'll be happy.
@aseelnova3184
@aseelnova3184 Жыл бұрын
Ali thank you for being the guide I never had before
@user-cd6ny9yp9y
@user-cd6ny9yp9y 2 жыл бұрын
People who give up in life are people who lose in life, my first experience happens to be a failure but I never gave up cause I knew it was going to work out for me trying continuously, fortunately I'm smiling today by getting involved in investment.
@jephasonaderson5596
@jephasonaderson5596 2 жыл бұрын
Profitable Investment one can do convenantly at this moment are
@jephasonaderson5596
@jephasonaderson5596 2 жыл бұрын
: Estate : Share : Stocks market
@cedricjiosh6935
@cedricjiosh6935 2 жыл бұрын
Forex trading is really profitable, investing in it now will be the wisest thing to do especially with the current rise in bitcoin
@desmondlius7643
@desmondlius7643 2 жыл бұрын
@@cedricjiosh6935 you're right Forex trading is surely a lucrative way to invest whether you want growth, leverage, stable income or something in between.
@tressygibson7198
@tressygibson7198 2 жыл бұрын
Obviously often times we just look for what to invest in and usually encounter these problem. It's either the money is too huge for what I want to invest or it could require more than expected
@khalilahd.
@khalilahd. 2 жыл бұрын
I just wanted to say your journey in medicine inspired me to make my own KZbin channel documenting my journey so THANK YOU!! You always have incredible life tips and even though your no longer pursuing medicine I know that there are still so many things I can learn from you. I love your content and I’ll continue to me a loyal subscriber ❤️☺️
@ismynamemoyo6743
@ismynamemoyo6743 2 жыл бұрын
Subscribed Good luck 🤞🏿
@khalilahd.
@khalilahd. 2 жыл бұрын
@@ismynamemoyo6743 thank you so much ❤️
@poisson6673
@poisson6673 2 жыл бұрын
Next vid suggestion: *How productively study for logical reasoning based competitive exams like JEE ADVanced and stop talking about active recall,spaced repetition which only applies for easy memory based american medical exams for noobs....I mean JEE adv is smthg of another level* Wasted my time nd money on that skillshare course of his [how to study for exams]...mybadd...ended up with perfectionism,analysis paralysis,etc and that the methods discussed only apply for memory based exams
@Sonny0276
@Sonny0276 Жыл бұрын
Great Video. Thank you for posting.
@karanzaveri6369
@karanzaveri6369 14 күн бұрын
I loved the book review ❤, i ideally plan to read some books over the weekend and fail at it. But I can sure go through these everyday.🎉
@creatingbalancefinance
@creatingbalancefinance 2 жыл бұрын
Absolutely love this book! I put a video up yesterday on my top 3 investing/ personal finance books and this was one of them! Thanks for sharing your view Ali! Really inspired by your channel 😊👍
@today2807
@today2807 2 жыл бұрын
🙌
@creatingbalancefinance
@creatingbalancefinance 2 жыл бұрын
@@today2807 thank you!
@VoicesofAncientEgypt
@VoicesofAncientEgypt 2 жыл бұрын
Love how you work in cameos for Twilight on the regular 🤣
@TheKlink
@TheKlink 2 жыл бұрын
16:52 exactly true, i wanted that ford capri mk4 for me.
@arthurlux1975
@arthurlux1975 2 жыл бұрын
Hi Ali, great book review - thx for that.
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