How to use power of compounding to grow your wealth - Greg Arthur, Andy Tanner

  Рет қаралды 9,746

The Rich Dad Channel

The Rich Dad Channel

Күн бұрын

Пікірлер: 44
@bradmeltonrealtor386
@bradmeltonrealtor386 8 ай бұрын
If you guys have never taken one of Andy’s free classes, definitely sign up. It will change your way of thinking, and you will never feel the same about money ever again, in the good way. These guys are the real deal, they are a lot of fun, and you can tell that they are all around good people! Enjoy!
@craigbouwers6051
@craigbouwers6051 8 ай бұрын
Thanks once again for the financial information Andy and Greg.
@roselineakol146
@roselineakol146 8 ай бұрын
Like the idea of the golden goose compounding into geese!! And the golden eggs, amazing!!
@johnbethea4505
@johnbethea4505 8 ай бұрын
We were taught compounding of interest semi-annual for money in a saving account. This was in elementary school back in the 1950's..This was a time when we didn't have much money..
@kgawaneclinton8667
@kgawaneclinton8667 7 ай бұрын
Can't wait to engage with you guys here in south africa
@wattasay2370
@wattasay2370 8 ай бұрын
You guys are amazing and provide great info! We do have a huge problem where 80-90% broke! How do we survive and thrive in this dead market?
@robertclarkson6064
@robertclarkson6064 8 ай бұрын
Thanks y'all 💲💲💲
@JLW667
@JLW667 8 ай бұрын
1:43 Multiple Streams of Expenses 23:41
@NorthAmerican-zo3ob
@NorthAmerican-zo3ob 8 ай бұрын
What is Andy’s view on “The Great Taking?”
@JackKaoma-mm3xy
@JackKaoma-mm3xy 7 ай бұрын
Can you do a video on becoming a successful investor
@squibbleyfarbleton1976
@squibbleyfarbleton1976 8 ай бұрын
I would sure like it if anybody can help me with clarification for my question earlier. Not trolling, sincere and genuine.
@OliverDliam
@OliverDliam 8 ай бұрын
To my understanding Success depends on the right actions and steps you take to achieve it. And taking the right opportunity. Real estate or crypto?
@ryanwilliams989
@ryanwilliams989 7 ай бұрын
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
@StellaMaris-lv2uq
@StellaMaris-lv2uq 7 ай бұрын
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a-lot of wealth transfer in this downtime if you know where to look.
@maryHenokNft
@maryHenokNft 7 ай бұрын
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
@maggysterling33254
@maggysterling33254 7 ай бұрын
@@maryHenokNft Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems
@maryHenokNft
@maryHenokNft 7 ай бұрын
The decision on when to pick an Adviser is a very personal one. I take guidance from *Gertrude Margaret Quinto* to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
@BiancaSherly-qt6sb
@BiancaSherly-qt6sb 7 ай бұрын
I am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
@dustinmiller2775
@dustinmiller2775 8 ай бұрын
"Compound interest is the eighth Wonder of the World. Those that understand it, earn it. Those that don't, pay it " ~Albert Einstein
@MuhammadAmin-mc9dc
@MuhammadAmin-mc9dc 8 ай бұрын
Good information. Sir inka map kb aye ga
@mrwpg
@mrwpg 8 ай бұрын
So how does compunding work with buying precious metals, i don't think it is possible...
@Poleeze1
@Poleeze1 7 ай бұрын
Precious metals dont cashflow. They only hold their value well and appreciates. What I do is cashflow precious metal ETFs then use the money to buy physical precious metals. In my case, I cashflow silver ETF
@SpencerTreat-sb3jl
@SpencerTreat-sb3jl 8 ай бұрын
Would love a deep dive into the new 401koas book
@squibbleyfarbleton1976
@squibbleyfarbleton1976 8 ай бұрын
Didn't you say that compounding was evil in another video?
@dustinmiller2775
@dustinmiller2775 8 ай бұрын
"Compound interest is the eighth Wonder of the World. Those that understand it, earn it. Those that don't, pay it " ~Albert Einstein
@mymagicsigns
@mymagicsigns 8 ай бұрын
The secret of rich people is they have alot of money because they don't spend it, I am poor because I buy everything, but the difference between me and my rich friends is that I have all the fun and all the toys, and they have expensive cars and boats in wich they get bored :) Wealth comes in different forms, I enrich myself with moments, I cherish them and praise them, money for me is no different than a hammer or a saw, just a tool. Rich people collect money, immaginary numbers, I could have a lot of money, but my life would suck so bad if I would have kept the money.
@Poleeze1
@Poleeze1 7 ай бұрын
What do you use to buy these ‘everything’ that you have?
@mymagicsigns
@mymagicsigns 7 ай бұрын
@@Poleeze1 I make alot of them, and I find alot for free, and I trade, I also use money, but that is why I don't have any.
@FahadAlidu
@FahadAlidu 8 ай бұрын
Andy has been coughing anyday😂😂...You're genius🎉🎉
@capistrano99
@capistrano99 8 ай бұрын
That's why interest is evil, it keeps compounding your debt
@NinaCarlos-rj8rm
@NinaCarlos-rj8rm 8 ай бұрын
I'm favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family
@NinaCarlos-rj8rm
@NinaCarlos-rj8rm 8 ай бұрын
I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance
@NinaCarlos-rj8rm
@NinaCarlos-rj8rm 8 ай бұрын
She's a licensed broker here in the states.
@NinaCarlos-rj8rm
@NinaCarlos-rj8rm 8 ай бұрын
She's mostly on Telegrams, using the user name
@NinaCarlos-rj8rm
@NinaCarlos-rj8rm 8 ай бұрын
EXPERTNICOLEFLYNN💯.. that's it
@NinaCarlos-rj8rm
@NinaCarlos-rj8rm 8 ай бұрын
Sure! She interacts on what's Apk using the digit below👇
@atibamaule
@atibamaule 8 ай бұрын
@21:18 wait a min, Charlie Munger died? Wow didnt know.
@dolphinwaves
@dolphinwaves 8 ай бұрын
Andy say “drugs are bad mmmkay “
@k3n_ng
@k3n_ng 8 ай бұрын
Andy really needs a good air filter at home and he should be eating more carrots.
@smalls7915
@smalls7915 8 ай бұрын
!!!
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