The Richest Man in Babylon: 6 IMPORTANT Lessons //George Clason

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The Richest Man in Babylon: 6 IMPORTANT Lessons

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@hersdera Ай бұрын

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

@HectorWhitney Ай бұрын

Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?

@PaulKatrina. Ай бұрын

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

@SandraDave. Ай бұрын

That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?

@PaulKatrina. 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 Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.

@CraigLloyd-fz6ns Ай бұрын

Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.

@joelmendez2570 3 ай бұрын

Thank you for all the effort that goes into these videos! I’m going start watching at least one clip a day, anybody reading this like or comment to remind me not to stop learning. 🤝🏽

@veronadugeon5701 3 ай бұрын

Keep going

@mitchellerashica 3 ай бұрын

Building wealth and assets is a very realistic and achievable long term goal. Investing is key. However, it is important for people who invest to exercise caution with their exposure when considering new investments particularly during periods of inflation. It is advisable to seek guidance from a professional advisor in order to achieve potential high yields.

@nicholaslinetti 3 ай бұрын

This is true and very insightful.

@nicholaslinetti 3 ай бұрын

It is also very tricky because staying informed is a major factor. How do you go about this, are you a pro investor?

@DerrickMansard 3 ай бұрын

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth in my finances.

@DerrickMansard 3 ай бұрын

I have been in touch with a Financial advisor. With a startup of $ 100 k, my advisor chooses the entry command of my portfolio which has grown to approximately $ 450 k in some weeks.

@RitaMeyers-oc4le 3 ай бұрын

An experience like this is sure to shed light on why experienced traders are able to generate substantial returns even in lesser-known markets.