The Top 7 Money Making Hacks For 2025 That Are PROVEN To Work!

[@TheDiaryOfACEO]

I’ve got a favour to ask! If you enjoy this conversation, please double check that you’ve liked the video and subscribed to the channel! That's a small way you can help us carry on doing this, really appreciate you! ❤🙏🏾

[@uchechi_anyanele]

Well done Steven and DOAC team. I've just finished listening on Spotify. But I felt the pull to come hit the like button on YT. ❤ You have no idea how much impact you're making by doing what you enjoy and being you. Thank you.

[@musicofeyes]

Steve, Can you please invite Dominic Williams, chief scientist at Difinity to talk about web 3. Dominic Williams is revolutionizing the blockchain space with the Internet Computer, setting the stage for the next era of decentralized innovation. His insights and vision are exactly what your audience needs to hear. Bringing him on your podcast would spark an engaging and transformative conversation that tech enthusiasts and futurists alike would love!

[@blessed2999]

Hi Steven , pls consider inviting Jonathan Cahn. It will blow your mind..

[@abigailbloom5525]

That is what they mean. If you can't Dave while paying a mortgage, don't get a mortgage.

[@markdouglas7029]

Thank you for producing such great content as usual, All the best in your various endeavors.

[@s.wallacelansford]

From $37K to $45K that's the minimum range of profit return every week I think it's not a bad one for me, now I have enough to pay bills and take care of my family.

[@AdamsLachlan]

Anyone who's not in the financial market space right now is making a huge mistake. Simply get a coach and make your money work for you

[@oom1957]

True, I have been in touch with a brokerage advisor. With an initial starting reserve of $12k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $110k

[@maxUSA58]

Please can you leave the info of your investment advisor here? I'm in dire need of one

[@oom1957]

Elise Bernadette Murray is her name. She is regarded as a genius in her area. Just search her name on the internet

[@oom1957]

*+1*

[@crystalcleary]

The best advice I ever got was that it's not how much you make, it's how much you spend. Retired at 48. It's a beautiful day in Florida. Peace out. :)

[@ajbunches825]

Rich people don’t waste money like poor people do.

[@bluemoyie8618]

I'm with you ... retired early in Canada

[@EvaMariposa]

That's awesome! Was my goal also to retire before 50, but lots of life challenges & job loss delayed my plans ... so postponed it to 60. Which is not young, but I plan on being in full health by then, so I'll feel younger despite the age 😁

[@xd-bt3xs]

Definitely a balance tho, study shows that the more you earn the likely you also are to spend more. With that said its such a cliche to say just dont spend money, one could save every penny possible and be miserable. Spend money on things that makes your life better and save money where its unnecessary. Takes a certain mindset to actually have a goal in mind but everyone can do it, if you earn more you literally have no excuse to save money so its a factor for sure.

[@jasonbay13]

@@ajbunches825 rich people have generally made more than a total gross of 250k by 30 years old.

[@rickc1102]

When they say "Don't buy a house", what they really should be saying is "Don't buy a house you can't afford".

[@jacobmoney]

Yes, but ALSO: it's better to invest in crypto and stocks now and wait for, 5 years and you can buy 3 houses by then.

[@AdamJFx]

@@jacobmoneyYes, that’s what I’m holding out for. I know it won’t happen this cycle with only a $7k investment. But, it’s a start towards putting in some real money next time around.

[@TripSoul10]

I have lived in same 1 bedroom apartment for over 10 years paying now $575/month for base rent before utilities & insurance. My last 3 years, I have invested a nice amount of money & what my number was 3 years ago now has a 1 in front of it. 2025, hoping to hit the $200K mark in retirement accounts.

[@b-rare]

Nah let me explain. If you buy a house for yourself it’s not really a good investment. By the time you pay for maintenance , land taxes, interest, the house will be a poor investment. What you do is rent out your basement and you can automatically change that poor investment into a good one. You’d make way more money putting the money into s&p then you would buying your house. I’m a real estate investor I know all about this topic .

[@b-rare]

@@AdamJFxyou guys are just hoping and gambling . Invest in something that’s not so risky don’t go all in on one gamble like crypto

[@vZuggy]

I WISH EVERYONE A PROSPEROUS 2025 🔥🔥

[@_CMm]

🙏

[@JudeRevolution-c1l]

Right back at ya mate ! ❤❤❤

[@elenaburke189]

Same to you and yours! 🙏

[@nicolewashburn9210]

🌟💫🍀🌱🌳🌱🌳🌱🍀💫🌟

[@lizfountain2067]

Thank you! What a lovely sentiment..💝 Health, Wealth, and Happiness to you as well ❤🎉

[@RappingManualYT]

Buying a house is not meant to make you rich. Buying a house is buying roof over your head so you don't get wet when it rains.

[@dueone820]

What they are saying about house it's that you have to understand what your goals. Like I have enough money to buy a house but I don't buy cause my goal is to leave job and work for myself and capital is very important.

[@rohr2964]

What is the return rate and growth of the stocks by year? Do they get dividends?

[@smokejc]

just buy an umbrella

[@Wolfspined]

A house should not be allowed to be an investment. Period. It's a place to live, have a family, be safe, study. Everyone deserves this as a basic human right.

[@hetnifaambermusic1739]

@@smokejc😂😂😂

[@ScottFurlon]

I wish I learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix- - Go to school, get a job, and then slave your whole life. Many miss out on life changing information that could have great effect on their finances.

[@OllieQH]

Nobody knows anything, you need to constantly acquire knowledge in order to create your own process, manage risk and stick to the plan, through thick or thin while also learning and improving.

[@HaleyOnella]

This is true:: for instance, people are constantly chasing financial stability on a day job but fail to understand that banks are return-driven businesses. I don’t trust keeping a large sum in the bank. Instead, I invest with professional guidance, enjoy the benefits and actively save up for retirement.

[@CharlieNort]

@@HaleyOnellasame here

[@CharlieNort]

After the ‘08 crisis, I’ve learned not to trust corporations. Since 2022, I’ve been investing with a finance advisor and have had no major losses. I’m barely 25% short of my $2M goal after subsequent investments to date.

[@SVCFO]

I understand that market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor whom you have used his/her services?

[@muhammadukasha9635]

Everyone should aim to have their own home-not necessarily a big or expensive one, but something within their means. Owning a home ensures that during tough times, when finances are tight, you won’t have to worry about paying rent. You can focus on getting by with basic necessities, like affordable food, and still have the security of a roof over your head.

[@guimcestari]

that's assuming you have the house paid off, which most people don't until they're very old. If you can do that, great! just not simple for most part of the world where housing is expensive. I think it's just in your head, if you instead focus on having a cushion in the bank which enables you not need to worry about paying rent (or mortgage) for the rest of your life then you're all set the same way... but with more flexibility to move around for better opportunities and saving reasons... or just if you feel like living somewhere else. Also with the bonus of not having to deal with contractors and costs for everything that breaks down in the house with time.

[@carolthecrazycamper3442]

Unfortunately even with a paid off home , when retired and possible hard times, you can't afford taxes on home. Taxes can be more than some rents

[@stevenhull5025]

When money is tight and you are a homeowner beware of rising maintenance costs, taxes and utility bills. It can become a financial trap. If I had only one property mortgage free and close to retirement I would sell and rent instead. The landlord is then responsible for all maintenance, not me. The equity released and invested wisely would also boost my retirement funds.

[@heidimueller1039]

Plus property taxes and house insurance, both of which rise a lot every year.

[@maureenviola]

Taxes. Repairs.

[@chrisbentsen1]

Increase your income. Cut your expenses. Invest the difference. There you go.

[@kaymorrice8141]

Simples! I spend €300 per month on drink & cigarettes! HELLO!!! 🤦🏼‍♀️

[@ak-jxrdy-7]

Much easier said than done. It's all the steps in-between that are the most difficult. Most people just don't know *_how_* or *_where_* to increase their income and invest, relative to their nuanced lives. Most know how to save and that's about it. They know they should spend less on certain things, and might even break some habits or cancel some subscriptions, but simply doing that will not get you more income. In my country, as of September 2024, we have a youth unemployment rate of 60.2% (job-seekers between the ages of 18 and 24), so even getting a job is almost impossible without nepotism or getting extremely lucky for the unemployed youth (which I'm a part of due to losing my job a few months ago). Keep in mind that this stat includes people with and without any kind of formal education. The whole country feels hopeless with no "cure" or form of "treatment" to the economic troubles in sight. Forgive my rambling, but that sort of thing makes it easy for the aggrieved person(s) to consider self-deletion.

[@chrisbentsen1]

@@ak-jxrdy-7 there’s always a bull market somewhere. Obtain a skill that the market will pay you well for. I just worked 16 hours OT on my day off to generate extra income. Saving is the easiest step. Track every single purchase you make down to the cent and you will discover that you are wasting a lot of money.

[@Cyberpunk_Radio_PBS]

Most people's biggest expense for life is RENT. Fuck paying rent!! Start making actual sacrifices and face the consequences and take accountability for your own financial life. My net worth went from negative 175,000 in consumer non-mortgage debt, to debt free 0 in 3 years doing that.

[@jeniferjohnson374]

@@Cyberpunk_Radio_PBSrent is the biggest. How would you get rid of that? Good for you? How did you do it/your story?

[@kaylag6047]

Average UK salary = £34k (take home £27k) approximately. Please do an episode on how the average person should spend/invest. The guy that says to invest £30k a year is a joke for 99% of the people listening to this!

[@vidapromoltd]

Exactly - the numbers are not realistic for the average salary in the UK

[@guimcestari]

he's talking in USD so obviously for the US market... you can do yourself the calculations adjusting to the UK average salary and cost of living using their numbers from the US market. It's not that hard to adjust the calculations if you want.. there's no need for another whole episode just for that

[@tinakevic5082]

​@@guimcestari 30-40% difference in the numbers won't change the whole picture.

[@owondrr9710]

Simple learn new skills and get that money up

[@stevenhull5025]

Maybe he meant £3,000 a year. Even that is pushing it for most folk.

[@vfranc0]

A house is the best investment one can make in life. I regret everyday of my life I spent paying someone elses house. Because it will always be a house, not your HOME. I worked and saved hard for 5 years, asked for a 5 year personal loan and bought accordingly to my budget. And I am truly free now ❤❤❤❤

[@ak-jxrdy-7]

I'm truly happy for you, I hope more people can achieve this. I'm very far from even being able to take out that 5 year personal loan that could afford a basic house, but however long it takes, I will get there.

[@pentrubarbati]

your house doesnt make you money

[@kerrisouth]

​@@pentrubarbatiit does if it appreciates and you then sell.

[@kerrisouth]

​@@ak-jxrdy-7why the personal loan?

[@pentrubarbati]

@@kerrisouth i dont know nobody that sells there house and buys a cheaper one and apreciation is not earning money also you have a lot of expamses

[@jarrieta9151]

My son graduated college at 22 with no debt he paid it with work and scholarships, he stayed with me in my house for 2 years and paid no bills and saved all his money, he has more than 100k already 😂 yea that was way faster than investing in the market for 15 years 😂 the point is he’s doing that too but the big gains come from taking advantage of ALL the financial opportunities you have early in life that sets your trajectory for your financial future

[@Juan0824]

Your son is doing great…I myself did sort of the same thing. No school on my end though. Regret it but gotta move on. I got my shit together at 25. Stayed at home still helped mom and dad though. Groceries, rent, among other things. I get made fun for being at home still, and yes it’s a sacrifice, but honestly I don’t feel bad because within our culture is pretty common. 33 now still at home 😂 but I have over 200k in investments I’m proud of that…can’t wait to find a good way to repay my parents. Probably moving out will be a start.

[@monosodiumglutemate8216]

There is nothing wrong with living with the parents. It's good company for the parents, and it helps set out the kids for life.

[@Africantales-stories101]

​@@Juan0824you're doing good 👍🏻

[@markomarjanovic8348]

I would be proud of him, plus, you provided support for him, you are a great parent!

[@Chaawuu1]

Moving out to brooklyn has taught me this lol good on you for taking care of your son

[@ComedyByAlan]

Oh wow all I need to do is invest 30k a year for 50 years to retire rich, thanks financial expert!

[@Drone-h2i]

that probably wont work.

[@mattswain552]

Yeah he lost me at that. On one hand he's talking about being conservative with 7% - which is great - and then chucks out 30k a year. What a joke.

[@nsj9]

They can only help you with what to do with your money. If you wanna make a lot of money you better figure something out. Nobodies out here just giving away millions

[@Missmewithurpatriotism]

Yeah that guy was a sham. What a ridiculous thing to say

[@lyndenevans8135]

yeah first guy dont get us. we dont want to wait 30yrs to die rich and not enjoy our money. NEXXXXT

[@dipenkanani7988]

Dangerous advice, these folks have multiple income streams and are entrepreneurs. Most people including me are not and therefore not having your own home post retirement is not only uncomfortable, and chances are rent will be higher than people's pensions

[@AnnaMO-kb3ir]

I have a friend who is almost 65 and wants to retire soon, but she still rents. The rent that used to be $700/month is now $1700/month.

[@seoulmansupra]

The viewer has to be intelligent enough to digest the takeaways. This isn't some copy and paste method.

[@79bull]

Correct. KZbin needs its finance content regulating ASAP.

[@Alwaysbmoving]

When I heard the first fellow say to invest 30,000 a year. I was like oh, ya cool just casually invest what some people Earn in an entire year lol we are for sure living different lives. When listening to these types of things it’s very much a ‘Take what resonates, leave what doesn’t’ situation though.

[@sdmakeupandentertainment]

​@Alwaysbmoving You can start investing with $500-1,000 and set the tone to your comfortability. So if you want to be aggressive which is what he suggests for younger people you can as long as you're not afraid to lose your money. Otherwise you can be moderate with risk or conservative. If you're conservative you're thinking long term retirement. He's right about letting it sit. But you don't need to add 30k a year. :)

[@KCAATV]

Adding 30k a year is laughably unrealistic for 95% of all Americans. Silly, when considering most Americans gross pay.

[@hudson2861]

But not for Stephen and I think that was what he was targeting at that moment. I was thoroughly disgusted by the whiteboard wielding "expert" by her insulting "boomers" How stupid is she that she would assume that those older than her would know less about how to write on a whiteboard DUH. She is deleted.

[@argosbrave6415]

Beat me to it, lol

[@scota73]

So true, my annual gross was only 32,000 per year lol

[@jhandy101]

Yup, and buying and index fund that yields 7-8% is barely going to match inflation and currency debasement. But at least it's better than putting money in a bank.

[@altajohnson780]

​@@hudson2861 I understood her to mean her handwriting was shaky and hard to read. I love listening to her KZbin channel- very inspiring.

[@Wholenewcris]

Bro, assuming that most people "realistically" have 5 fucking thousand dollars to invest per year at the age of 16 and then saying 30k goes to show just how out of touch with reality of the vast majority of people. These people are not speaking to you. They are speaking to the already born to upper middle class families who do not have any of the real life issues of the working class.

[@avegaiii]

Not everyone who can invest 30k a year was “born to upper middles class families “. I was born to a lower lower class family and it wasn’t until my late thirties that I was finally in a position to be able to start maxing out my 401k every year and invest a little bit of after tax income every month as well. The problem is that (and this doesn’t apply to everyone) most people feel entitled to new shiny expensive things and go out and spend money they don’t have.

[@Yielar1]

You missed the point. He was doing compounding calculations as an example and he started with a much lower amount and then worked up to the $30k figure....which was an average over a long period of time since people typically earn more as they age and gain more skills and knowledge. He was explaining that there is no magic you simply need to start investing early and consistently and make it automatic so you don't have to think about the money getting invested biweekly or monthly and keep it going for 30 years. The compound effect ultimately will make you rich

[@raphphoenix1156]

​@@Yielar1we get that part but investing 30k in a year is hugely unrealistic unless you're on 100k++ Which is almost paradoxical because so few % of ppl end up in that echelon that you're almost playing life lottery. I agree with saving/investing (started late myself) in funds etc but that sum is quite obsurd

[@Sun-flowers-Y]

1st speaker on investments. I think the amounts that average Joe has to invest every month/yr is somewhat unrealistic and makes me want to switch off after 5...

[@CasualChatwithKim]

Exactly my complaint with most of these people, I’d really rather hear from those who are currently the “average Joe” and what they’re doing NOW that’s so ground breaking to inspire the rest of us pheasants.

[@lsmith992]

This guy doesn't recommend buying a house but you still have to live somewhere and rental is EXTORTIONATE in this country. What do you recommend? A tent? Live in your car?

[@flavia2857]

Agree. Maybe buy land + build/buy a tiny house and for space build a simple varanda around it.

[@soul-syclassic-productions3202]

This guy recommends bonds... Bonds are the worst investment as you lose to debasement.

[@laurenavaneale1364]

Maybe a treehouse, a ditch or wheelie bin… all suggestions welcome

[@josuepena269]

I'm in a car. Tis the times and it works for me, but I'd never push it on to someone else.

[@jarirepo1172]

I'd wager a guess if rent is high houses cost much as well? Whichever you choose, try to pick as cheap one as you can manage to get by with. The main point is not to think house as an investment

[@berenicedecastilla4980]

I invested in a house; it is freedom and security. The best thing I ever done. Thats the very 1st thing you should invest in, after that everything else is extra !!

[@stevenhull5025]

It is also a chain around one's neck. Taxes, Utility bills and Maintenance costs drain the bank account especially during retirement.

[@AnaS-sp2zl]

Be aware of property tax, home insurance, HOA , ( that go up every year) maintenance , utilities . Make sure you have the money when you retire, those costs add up quickly

[@agnyte22]

I would love to ask them about buy house or rent when you old and not well. 70 year old not working can you still afford to rent??? Really doubt that. I think owning a home gives you stability, look how many people on streets because they cannot keep up with rent increase. And this will get worse. I suggest you to buy a house/apartment that you can afford and it is not consuming all your money.

[@YuGiOhOtvaranje]

2025 is going to be life-changing. Books like The Secret Doctrine of Wealth showed me how to take control of my future-it’s a must-read.

[@Oliverstihonn]

goated book

[@de_Atavist]

what's it about? in 2 sentences?

[@yourmom69179]

Who wrote it? I can't find one with those exact words.

[@maddog3768]

It’s a book about asking stupid people to buy so the author can get rich

[@de_Atavist]

@@YuGiOhOtvaranje and I'm not being trollish ....was searching for it and can't seem to find a seller with a description

[@amberlynny]

I really enjoy this format of curating similar content from the podcasts into one thematical episode, thanks!

[@cathymaitland345]

I’m 76 so a bit late for me I think. But I am going to take up his point of having different accounts as I’m already dreading my car insurance which is due in August. I love your podcasts. After losing my husband a few weeks ago my daughter has given me my first 2025 resolution we are both going to listen to a Podcast she chooses one week I choose the next. Yours are def up there and hopefully she will love yours as much as I do. Happy new Year to all stay healthy and happy and enjoy every moment.

[@healing682]

It's never too late, you might live to 125, God bless you and happy new year x

[@HoneyBee-d1j]

I am 62, I was feeling I’m too old,. But I’m going to try. I want to use my tiny money … I mean tiny to make it work better. The banks are not good. I’m very scared of my future. If I can make it work I’ll message you! Stay 💪 strong, every month I’ll update you. Promise. 😊Never say never.

[@Mourne84]

God bless you.

[@LavvekJeSmece]

3 things that made me rich: 1. Watching Diary of the CEO 2. Book called The secret money magnet formula by ronan virell 3. Cold showers

[@nancyhasselman6870]

Cold showers interesting . I am trying as well but nothing is working

[@Passiion_Fruiit]

Cold showers? Are you a man?

[@caramelsupreme]

Cold showers?🤔

[@Passiion_Fruiit]

@@LavvekJeSmece ..must be a man since you deleted my comment 😄

[@yunaatlantis4804]

​@@caramelsupreme low energy costs 😂

[@marksamuelngere]

Your podcast has been nothing short of blessings, insightful, mentally developing, and inspiring. I admire the conversation with your guest. Hopefully, I will get to be like you or in your show. Much love and support in 2025 from Kenya 🇰🇪

[@TheAsherPress]

Alternative thumbnail: "You will own nothing, and you will be happy"

[@stephanguitar9778]

That was an observation of how it is, not a James Bond villain plan.

[@ak-jxrdy-7]

​@@stephanguitar9778Doesn't mean it didn't, and won't continue to, play out in the exact way it was described.

[@entityofcarbon892]

That's what they thought about the people at palace Versailles.

[@ohenenana4392]

That's the agenda 😏

[@ingoditrust1543]

UN agenda 2030 is own nothing be happy. They want the whole world a communist world. Poverty thrives in a communist world/country.

[@cramerconsulting]

This is sneaky good,Steve is so unassuming and introverted and he’s done an amazing job mitigating it through every interview,I don’t think he planned that,and I’m not sure he even knows it? I love the genuine honesty of the interview itself,as the guests are always very specialized in their field,of course,and he has a genuine curiosity about the subject and the experts eat it up as a signal,and we usually get some unexpected genius from them collectively and it’s unique in that fashion and similar to Rogan,just for the educated,and I’m a huge Rogan fan,so it’s not a knock,it’s a style…

[@nsj9]

The fact you have Minority Mindset is dope I’ve been following that guy before he blew up and I always felt like he had some sound advice good to know that he’s doing big things and Congrats to you because you have a great channel.

[@AR-ln7ln]

I went from many stocks, and buying and selling somewhat, to few stocks and holding. But this is a process. I had to find my way there. Same with renting vs buying. I had to go through it myself and lose money buying.

[@MinorityMindset]

Thanks for the feature and thanks for helping spread this financial education 🙏🙏🥑🥑

[@MihaiMezel]

In Romania where i live home ownership rate is 95%, here if you live in a rent people will tend to see you as a looser, owning a home is very important, i can't imagine being old on your final days and having to pay rent or else eviction for you sir

[@CasualChatwithKim]

I know of many people who rented their whole lives and probably saved up and invested more than those who bought homes, paid inflationary interests rates, (some lost thousands to poor buys, maintenance, HOA Fees, rates and so on). Owning a home doesn’t always mean that you will retire comfortably /

[@adelevisser8579]

I agreed 👍 💯 i grown up with the house my dad build. And after that property went to higher. Yes if i have old days it will be in a house i will own ❤❤❤

[@Yielar1]

@@CasualChatwithKim I'm a big believer in buying a house to live in but has to be within your means and a smart buy. I'd rather pay my own mortgage off then a landlords is the way I see it. It's also a forced savings plan so in 25 years or so you own the property out right. I'd hate to pay someone rent for 25 years and at the end not own anything. Buy a house with a suite or rent out a bedroom, plenty of ways to leverage a house of your own.

[@guimcestari]

I understand the cultural part of it, but it's something totally in your mind and you can decide not to follow it. If you have a lot of money "in the bank" in investments and giving a good return, you don't need to worry about renting out... it gives you flexibility and less headaches with dealing with contractors when things break down. You can easily just move to another place if you want or find a better opportunity... In Switzerland most people rent for their whole lives and that's totally okay... it's just a cultural thing (like religion)

[@stevenhull5025]

In Romania you can buy a detached house with a large garden for 10,000 Euros. Of course home ownership is high.

[@AlexandraGilbert-d3d]

This video is brilliant. I’ve enjoyed watching it so much ❤

[@jjn6914]

17:00 In what world is being able to afford to set aside $30,000 a year "modest"?! I do invest in mutual funds and have a growing 401(k), but these financial pundits only account based on the happiest path in the fairest of conditions. These calculations need more real life prompts, like: "Johnny Smith has been laid off 3 times in 20 years. He is 45 years old today. Each layoff wipe out 80% of his retirement savings and he had to take out the principle after he used up all his personal savings, UI, and could not find a job after 12 months of active search. The most he made is $100,000. But, in the 2 times he found work, it was for 25% less pay. He has not been able to get a job in their field paying more than $75,000 and he's too tired to climb the corporate ladder." NOW, do the compound calculation.

[@gimemy2bucksback911]

he talked about it in relation to an average

[@pabloalonso9083]

Try a free interest compound calculator and figure out your own gameplan. Is not meant to be easy apparently...

[@nitofortnite1563]

😂😂😂 why is everyone missing the part where this assumption starts with 16year olds having $30000 to put away annually?

[@franceskearney]

My father in law gave us about $5000 about 30 years ago. We put it in a Vanguard fund. I argued with my husband for years to leave it alone. We just put a $54,000 addition on our house. We never touched that account until we closed it. We didn’t even add to it. Just paid the taxes on the interest every year.

[@lisaguy6602]

Thankyou for this.. I'm always interested to know real life stories of manageable investment. I'm trying to get up to 5000. I've put mine in an equity 60% isa with Hargreaves Lansdowne. I literally have zero idea on what I'm doing 😅

[@bortolo1007bortolo]

Buyig a house you can afford is always a good idea. I spent 50k on rents and lost at least 20k on inflation...

[@justslow9083]

I agree with you sir, we should not listing everything that they are saying... like not buy a house, investing 30k a year LOL. I bought a house and for me that was a good idea

[@kyraih]

I bet all the people coming to sit on this show have at least one house or have invested in some kind of property. Having a house guarantees that a person wouldn’t be told to evacuate out of the blue - God forbid - at an unfavourable time. It’s a definite advantage. Anyone who tells you otherwise is lying. And if they don’t, it is not due to a lack of funds but other variables. They have the luxury to make such decisions. I bet their bank account can afford them a home, no matter the expense or the extenuating circumstances, like COVID, unlike a common man. Make your decision based on your own pocket and circumstances.

[@nsj9]

Yeah no

[@JenMockensturm-i1v]

Ramit Sethi rents and does not own a home because he is not sure where he wants to settle permanently.

[@kyraih]

​@@JenMockensturm-i1v He has the luxury to do so. I bet his bank account can afford him a home, no matter the expense or the extenuating circumstances, like COVID, unlike a common man.

[@trueconspiracies7945]

Buying a house was one of my best investments.

[@EDd8f]

The importance of patience…….this is the best financial advice regarding stock investment

[@stevenhull5025]

A stock market manipulated by bots. Expect a massive crash soon.

[@Infynyte1133]

For everyone commenting how unrealistic the advice given here is.. I want you to realize there is no difference between these entrepreneurs and yourself, besides the decisions and actions you take everyday.

[@melaniekehaya2868]

Everybody needs a home. I’m nearly 60 and only just getting my first home soon after my whole life of instability and that’s only cos I cared for mum for years full time until she died. By the time it’s split I’m on a tight budget but stability is vital for everything including mental health. However although I’ve made a fair amount of money in crypto will need to cash some in to add to buying a house although it was meant for my pension

[@SalmaSharma-pk5sv]

Thank you for a year filled with insights and education ❤ Looking forward to 2025!!!

[@kumite2787]

Looking forward to your top moments on love/sex/dating/relationships/marriage! 🤞🏾

[@ctrl-shift-run8681]

Yup, the US stock markets have definitely returned more than the housing markets. But one thing that's not included in the numbers when you own a house is the feeling of security. So, not disagreeing with the premise but there's some value in buying a small enough home that you're comfortable with and then investing as much as possible in the stock markets. Versus to always be at the mercy of landlords.

[@chrisbentsen1]

As opposed to the mercy of the appraisers who determine your property taxes. Plus all of the unexpected cost that come along with owning a home.

[@holdencawffle626]

Screw houses. Almost a multi millionaire here. Have zero houses. #winning

[@Yvld4vd]

I think they do acknowledge that you can own a house if you want security, but their advice is still applicable. Invest as much as you can, as soon as possible.

[@chrisbentsen1]

@@holdencawffle626 same here. I have crossed the seven figure mark net worth without a home.

[@Kaouell]

@chrisbentsen1, the landlord is just going to raise rent when their property tax goes up, so you aren't avoiding this.

[@calcifur]

30000 a year is pretty modest huh? My entire salary is considered this guys loose change..

[@chaoticdanor]

Which is another reason his "you shouldn't buy a house" philosophy is the worst advice you can give to a regular person.

[@saulmcgill-ws5hy]

Guy is on another planet

[@THE_BaconPirate]

Same😢

[@amarabdelli]

Why is your salary 30k?

[@mightjustice2005]

@@amarabdelli nhs band 5

[@annejones3716]

Keep it comin' Steven... 🎉. Here's to a prosperous 2025.

[@shortykean4071]

You can always start doing dropshipping, it's always going to be a great business model. Right now is great opportunity, as you also have some really good tools to help you (I prefer using a bit of winnerzila. I get five premium products per week, photos, videos, ad copies... pretty much everything I need for my store). Of course, nobody can guarantee you will become a millionaire but at least you are going to give yourself an opportunity to become one.

[@williambell4591]

ABSOLUTE PROPS - this was a Masterpiece! I see you saved the "best for last" - I absolutely love Jaspreet's channel - always excellent information (from a random guy on KZbin that likes GUAC!!) Again thanks for this compilation to help me (and others) to get our minds laser focused on one of the most important areas in life - our finances! I'll def be sharing this video with family and friends!

[@kaymorrice8141]

Unbelievable podcast! For me Nos 7, 3 & 1 really hit home for me! Children need to watch this in school and again & again until it sinks in! You are an inspiration. I’m 62 and am teetering on the brink! But I’m still listening & thinking 🤔 thank you & Happy New Year

[@liveyourtruth43]

This is gold! Thank you for all of the hard work you put into your show and providing knowledge and inspiration! Bless you brother!

[@stevenhull5025]

Talking about Gold. Now that IS a protection of wealth especially in these inflationary times.

[@tsvet5804]

Here is the situation with my sister, she is now 45, she have been renting her whole life from 18 years old, thats 27 years, she actually paid enough money not for one but two apartments, landlords are really happy.

[@Vinicent369]

Is she investing?

[@hudson2861]

Why wouldn't you do the right thing for you and her and invest in a home for her. You could be partners in not only her security but your own and you would be doing what all families are capable of doing.....helping out their loved ones. Or are you like most Americans, at war with her and family and would rather rub her nose in it in order to feel superior. You could have done something 5, 10, 20 years ago if you have the means. So typically american.

[@MG-sd5zc]

As long as she has been investing the difference into the S&P she should be sitting pretty. In most large markets renting makes more sense once you include property taxes, insurance, maintenance and opportunity cost. Purchasing a home should not be seen as an investment. I think that’s the problem.

[@elizabethscholly8912]

I rent now because in my area the local taxes were more than i pay for rent and utilities. I can now save money for other than home maintenance.

[@anjellalo972]

​@@elizabethscholly8912 right, you can just save up your investment too buy a house later

[@orlandoyogaandmassagethera9887]

Why do we invest to retire with millions? I don't want to leave all my saved money to my kids. I want to enjoy while I am able.

[@ogbc100]

Right. I’m probably not even having kids😂

[@stevenhull5025]

In the UK most wealth above £350,000 is taxed at 40% on death. Best thing to do is spend, spend, spend. You are being brainwashed during your life to save so banks and other financial institutions can use your money to enrich themselves. Banks call it fractional banking and Institutions call it "management fees".

[@KelleyElizabeth]

Hit 200k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2024

[@LadyB-hg6yc]

Congratulations on hitting the 200k milestone! That's an incredible growth from 14k in just a few months - what strategies or investments did you implement to achieve this remarkable success?

[@GregGJames-x9p]

You're correct!! I make a lot of money without relying on the government. Investing in stocks, BTC, and XRP and digital currencies is beneficial at this moment.

[@DavidTom-n1i]

Hello, how did you achieve such biweekly returns? I'm a newbie and I've lost a lot of money investing on my own. Please how do I go about it, the year is almost coming to an end, how can I make profit?

[@KelleyElizabeth]

As a beginner, it is essential that you have a mentor to help you stay accountable. In my case, Elizabeth Marie Hawley has guided me for months and I highly recommend her. I focus on her. To be honest, I'm almost hesitant to let someone take charge of growing my finances, but I'm so glad I did.

[@KingOt-ob9bx]

Wow I'm shocked you mentioned expert Mrs Elizabeth Marie Hawley, when someone is straight forward and good at what she does best. People will always speak for them.

[@Russh1]

The last interview is the most important. Nothing that's said prior matters if you dont have the drive to make the sacrifice required then you'll never be rich. For me I can easily make the sacrifice of working hard, the hard part has been working hard to make middle income wages but living like I'm on min wage. It's easy to fall into the trap of thinking you have money to burn, but that mindset will keep you poor. I've setup automatic direct debits into etfs now, i think thats the only way I'm going to get wealthy. Its too easy to spend otherwise.

[@JVChamblee]

Hi Steven and DOAC team. Could you add the name of each guest being interviewed at the beginning of each snippet. Many thanks 😊

[@ghostyliss]

So wait to buy a house until corporations buy up remaining housing market and we're forced into overpriced living conditions. What good are your investments in the long term if you can't have secure housing in the short-term.

[@bluemoyie8618]

Ramit Sethi, 1st investing "Expert", breathes rarified air ... many people today barely MAKE $30k per year. Stephen, it's amazing that you would have been able to invest $5k / yr when you were 16. Most people can't possibly even imagine that. However, unless you are only catering to wealthy listeners (by luck, hard work, or birth) please draw out info that would be useful to average wage earners, and qualify the info directed at wealthy people. I enjoy most of your podcasts that interest me.

[@kenya2]

Wow! Great show!!! Is there a link to each of these shows somewhere?? ... Thanks for your leadership. I've been viewing your show for several months.... So I just had to join your member's club. Stay strong!

[@jenking2178]

No real. He’s supposing he start investing at 16 and he’s already 30 years old! It’s not real!… A fund is a variable interest and it’s a fluctuating investment!..,

[@b-rare]

I just started watching…. First, buy books and learn. Second, increase your income, third find investment strategy you feel comfortable in cause things will go south and you have to have confidence to hold through the pain. Don’t rely on google or KZbin for info. Buy books and learn .

[@dijaworldworld3895]

I bought my reasonably priced house for security. Get a thorough inspection before buying.

[@Nav_M]

At 49:48, Warren Buffett's Wealth analysis is incorrect because it wasn't general market performance which allowed him to go from $3bn to over $100bn. He is an active investor and majority of his returns came as a result of deep analysis and his x-factor in determining solid investments. Not something the average person invested in say index funds or a diversified stock portfolio could ever achieve. It wasn't a good example of time-in-the-market.

[@fppiroozian6372]

Happy new year! This was a great mash of some good episodes to watch while enjoying my 1st January morning coffee. THANK you

[@pedromanafaia]

I really don't get this new thing about buying a house being a bad investment. Let's start with the fact that the great majority of people do NOT have the money aside waiting to buy it. They get a mortgage and that capital cannot be borrowed for other investments, it is dedicated to the property. So to say people should apply that property capital into something else is just unrealistic to say the least...

[@chaoticdanor]

It's a stupid idea that only makes sense to people who are already rich, that's the issue with it.

[@ohenenana4392]

​@@chaoticdanorThank you

[@stevenhull5025]

A home is required to raise a family ie; a mortgage in which you pay on average double what you borrow unless you are crazy enough to refinance during the mortgage term. If you are single and brave....Live in a van or a tent in the woods and save like hell.

[@pedromanafaia]

@@stevenhull5025people need stability to raise a family that’s for sure

[@kawalsingh3226]

Happy 2025 and thank you for posting this video.

[@redeemablesoul]

If you keep seeing buying a house as an investment, you are making a mistake.A house gives you a sense of security,something to go home to,build memories in.

[@alisonbarratt3772]

It's an investment because when u sell it to downsize u get your money back plus more.i know this as I have done it 13 times in my life.

[@ayomideajayi4469]

Thank you Steven, the conversations you had this year and the guests you brought on the pod has had a net positive impact in my life. Cheers to a more positive, productive and prosperous 2025 🎉

[@EarlGreyThe1]

Bought a home in 2021 for 189000 put 14k into it and sold it in 2023 for 265000. True story. I highly recommend buying a house you can afford.

[@justslow9083]

You did a good thing and I did the same for me is a great idea, we should not listing everything that they are saying... like not buy a house, investing 30k a year LOL

[@stevenhull5025]

Another true story. Bought a 4 bed detached home for £155,000 cash (includes buying fees) at auction in 2016. Spent £25,000 on renovations. Sold it 6 years later in 2022 for £335,000. Profit £155,000 before taxes.

[@videostoviews2262]

Valuable content. Happy New Year :-)

[@finalbarrage7108]

funds is absolutely the way for people who arent into investing. I dont typically think about my money. I pay off my bills, buy my food, and dont waste money on junk. Every month i have between 500-2000dollars left over, and when that builds up to close to 10k i dump it into the fund and forget about it.

[@em13108]

which one do u reccomend ? im 18 idk any

[@finalbarrage7108]

@@em13108 I dont recommend specific funds, various banks have access to different funds. But look for one that dont charge alot in fees, and one that "mirrors the index". Funds come in all forms, some may only focus on tech, some may only focus on oil, some may be homecooked. Those are all risky. The ones that follow an "index" are ones that will mirror the market as a whole, and are typically safe. For further info, i'd have to see the selection of funds you have access to. If you screenshot your list of selections, then i may be able to give better details. Just make sure you dont include any personal info in that screenshot.

[@kb1625]

You have a smart strategy. I know too many people in my field that blow all kinds of money on trendy clothes, too many trips, Starbucks daily, etc. and they have nothing left over. I worked hard, spent under my means, and am now retired with good savings and a steady (but fixed) income. I own my own home and paid for my son's undergrad degree. I am not wealthy, but am content that I have what I need with common sense saving and investing over the years.

[@judye234]

I recommend everyone to find the book titled The Hidden Path to Manifesting Financial Power, It changed my life.

[@maddog3768]

That’s why you wasting time here to promote the trash either you wrote or getting paid promote

[@lhansel7584]

Manifesting is BS

[@amya9597]

My dad always preached to us, “Don’t spend what you don’t have.”

[@stevenhull5025]

My dad said don't keep money in a bank long term. Instead, save enough to buy a one ounce gold coin, and keep doing it, no matter the price. His advice has made me rich. Gold now over $2,300 per coin.

[@favorites673]

Most rich people got rich by spending money that they didn’t have. But they spent their debt on assets that made them more money. It depends on what you spend your money.

[@M.A.Q2304]

Stop telling people not to buy homes. Homes are not only the best investment but security too. Goal should be to pay it off ASAP and then use extra money to invest.

[@bellezai]

That only works if you don't live beyond your means and aren't one missed payment or one serious illness away from bankruptcy which, sadly, isn't the case for many if not most people in the US.

[@M.A.Q2304]

@bellezai this is very true and very sad indeed.

[@fyou2241]

❤

[@stevenhull5025]

Just don't have someone trip on your driveway, or cause someone injury whilst driving to work, or your pet dog biting a leg of a stranger or worse than that, large medical bills. You WILL be sued and/or a LIEN placed against your so called "secure" home. If you want real security, buy a property via an LLC, do not buy as a private individual.

[@abdifathmohamoud109]

This channel has helped me a lot throughout the year, especially in building my mindset and learning how to deal with many things. I hope I will stay connected to this channel for the rest of my life. I also hope that Andrew Tate will be a guest here one day. Wishing you all the best in the new year

[@נועםיעקובי-ה7ה]

Thank you so much!!!!!!!! Glad we have people like you in this world who just gives so much to the world

[@Dianehhf]

Agreed! I wish we all were kind and peaceful to each other. Maybe everyone’s hearts will soften in 2025? Who knows!

[@kaymorrice8141]

Information for FREE!! Fantastic

[@guimcestari]

great video! Thank you so much for putting this together with the best clips from each of these episodes... much appreciated!

[@mydressmemos]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[@JacobsErick-u8r]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@richardhudson1243]

consider moving your money from the housing market to financial markets or gold due to high mortgage rates and tough guidelines. Home prices may need to drop significantly before things stabilize. Seeking advice from a financial advisor who understands the market could be helpful in making the right decisions.

[@LUCIASMITH-d1z]

I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?

[@richardhudson1243]

Melissa Terri Swaynea 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.

[@HoskinsShanellNicole]

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

[@MovieThirstDotCom]

thanx buddy, i watched a couple of these but missed the other, thanx for combining them.

[@G-Man1115]

The first guy said, $30,000 a year was being modest 🤯 My whole working life I NEVER made $30,000 a year! 😔 Try doing ANY of this $h1t, when You only make $29,000 a year OR LESS (which sadly is the case for many Americans) The bottom line is ALL CHILDREN (not just rich children) should be taught EVERYTHING about business and finance from a young age, to make money work for THEM instead of working so hard to make money... Maybe then, there will be far less poor people like myself (who had to move to another country, JUST TO LIVE COMFORTABLY) in this world!!

[@chanietwersky]

This is GOLD. Great collection; super valuable. Thank you so much!

[@sreedevi3652]

Thanks!

[@bluemoyie8618]

.. ..... ..... ? ? ?

[@l4lintl608]

Ok S, this was helpful. I do have a health degree and never thought of medical writing, thanks so much!!!! Where do I apply for a US person? Happy New Year to you and yours!!!!!

[@lucagattamelata8093]

If I can put 30k a year in a fund, I probably won’t need to worry about money in my 60s anyway…

[@amberlynnzuniga1452]

This was extremely awesome! ❤ Thank you so much for all these Juicy, Helpful, Real Life Action Results, all in One video!🎉 God bless

[@andreadimauro3596]

I’d be very careful to imply that the stock market can only go up x% a year. We’ve been blessed with 100 years of prosperity but nothing is guaranteed, there has been periods of 10-20 years where stocks have performed poorly. Historically many markets have never recovered. The 7% return that is being paraded is not guaranteed and past performances are not necessarily indication of future results. There are no free lunches.

[@WellnessHealthHouse]

I'm a new subscriber, I am glad I came across your channel, this particular episode is really inspiring, eye-opening, and thought provoking. I'm stuck to your channel

[@getpaid200]

I read this stuff all the time about not buying a house. I dont understand. I paid cash for my house. Its in upper wi so property tax is 1500 a year. Saving a ton.

[@ck2d]

You paid cash for your house. You don't have a mortgage to pay off, the interest that goes with it. You don't have required insurance. And if you're not paying that insurance, and even of you are, you better be socking it away for maintenance. Right now, if you buy a house and get a mortgage, all together you'll pay double what you would if you rented. If you had enough money to pay the mortgage etc and instead rented and put an amount equal to your rent into the stock market each month, it won't take long to make enough to buy a house cash. No one does that though. No one pays for a house with cash. They're not talking to you, they're talking to the 99.9+% of the population that would take out a mortgage.

[@Gino_567]

@@ck2d But that doesn't make sense. Rent increases as does mortgage rates. At the moment where I am, there aren't even enough houses to rent. So the cost of renting is through the roof. You're paying someone elses mortgage and get nothing for it.

[@ck2d]

@Gino_567 Again, they're not talking to your specific situation. Most places house costs are far more than renting. To build wealth you need access to liquid cash. If you're house poor - it takes a while to sell a house - you're screwed.

[@BighouseSix]

@@ck2dif this were true what incentive would landlords have to buy houses to rent? What you say just doesn’t make sense.

[@ck2d]

@BighouseSix Most landlords don't rent single family houses, they get a multi-family dwelling. If there are 4 apartments, the rent for 2 covers all the expenses, the other 2 are profit. The renters are paying half what they would if they had a mortgage etc. And that's if there's only 4 apartments, around here it's on average 12 apartments per building. Same ratio - half expenses, half massive profits, the renters are still paying less than if they had a mortgage Currently. It was different in the past and probably will be again in the future.

[@andrejakolarevic977]

The Hidden Path to Manifesting Financial Power ebook made me realize so much about attracting wealth, it’s insane

[@bellezai]

Because magical thinking is truly insane.

[@andrejakolarevic977]

@@bellezai well this has nothing to do with magic

[@kastnostones]

​@andrejakolarevic977 what's it about then?

[@dannybooy7638]

I'm so happy that you have made this video! It's everything I have needed for my notes about investing! Thank you!

[@universaltoons]

How many international fans are here to support The Diary of a CEO? ❤

[@enrique-zarate4594]

Joining from Paraguay (south America) ❤🎉

[@natthakornglingesorn6156]

From 15-year-old Thai❤❤

[@uchechi_anyanele]

Right here, from Lagos State in Nigeria (West Africa). I mostly listen on Spotify though. Came on here just to hit the like button. ❤

[@ilhomjon_ibrohimov]

18 year old from Uzbekistan 🇺🇿

[@Lena-cl6ye]

50 + from Malaysia

[@ssalad5012]

Thank you Steve for putting all of this together. I watched most separately but this is a great reminder. 👍

[@michit4456]

17:07 Invest $30,000/year????? When the median income of Americans nowadays is $37,000, (£37,000 in UK) even investing $5000/year is UNREALISTIC! This guy says invest 5% of your income… you have to be making AT LEAST $100,000 to invest $5,000/year. Steven, Shame on you to pick THIS one as one of the Top 7 so-called Hacks!

[@nitofortnite1563]

Am I the only to whom it sounds like his assumption here starts with 16year olds having $30000 to put away annually?

[@dj_logiactdj64]

@TheDiaryOfACEO Thank you for the wonderful year (2024) of informative content. God bless you.

[@DanieleScuteri]

So much great people in just one video! 💪

[@fabz1509]

With over 8M followers you are the living proof that love what you do every day & the money follows.

[@jaasiraismayel]

Money money money No I haven’t got money. But I am after self care this year. Money will come and go.

[@BRADBLAZEVIC]

spoken like a true brokie

[@stevenhull5025]

It reminds me of ABBA

[@KellyPettit]

Loved this and then some!

[@Crashed2023]

45:00 Brilliant to hear Steven laugh so much.

[@annmiddleton8780]

So informative, thanks! 🙏🏼

[@Kann5468]

I love your podcast. Very valuable information.

[@MsTiLaJ]

Good summary🙌🏾

[@rohr2964]

I’ll talk to these guys after the world economy crashes then I want to speak to all the experts

[@stevenhull5025]

Gold one ounce coins DELIVERED not stuck in some bank vault or some pyramid ETF.

[@arianaruiz4600]

The majority of books I bought this year, I did because they were recommendations from people from these interviews! Thank you so much for the quality content you put here for free, Steve! Happy New Year! I don’t know how you are going to level up the guest list for next year😂

[@mariambk18]

Which books did you read ?