What it's Like Having "F*

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Ken McElroy

Ken McElroy

16 күн бұрын

Take a trip to Colorado this week with Ken McElroy. In this video, Ken discusses the relationship between money, time, and personal freedom. He touches on how financial independence can transform everyday life, the challenges of sustaining generational wealth, and strategies for smart investment to maintain a lifestyle without compromising your financial base.
Ken has a real estate strategies podcast! Follow your favorite platform each week.
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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
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#kenmcelroy #realestate #realestateinvesting #FinancialFreedom #WealthManagement #PassiveIncome #RealEstateInvesting #InvestmentStrategies #GenerationalWealth #LegacyPlanning #PersonalFinance #WealthCreation #FinancialIndependence #LifestyleMaintenance #AssetManagement #WealthSustainability

Пікірлер: 592
@KenMcElroy
@KenMcElroy 14 күн бұрын
If you want to support the channel, please share this video to increase its reach. It would really help us out, and it motivates Ken to make more videos. Thank you so much it really means a lot.
@TheRainHarvester
@TheRainHarvester 14 күн бұрын
It seems like you work more than most!
@DBCooperMOTIVATES
@DBCooperMOTIVATES 14 күн бұрын
Thank you for sharing your knowledge and experience Ken. It's extremely hard not to smile all the time lately. I had the epiphany that I'm on a never ending learning journey and everything has blossomed into a different optimism level I never dreamed of.....now taking the action part, well.... that's on you 😁, just kidding. Keep making videos Ken, they are appreciated, you are the man!
@brettlaw4346
@brettlaw4346 13 күн бұрын
Money is too often abstracted away from it's underwriting assets which are labor and resources. You should be able to value your contribution to society in man hours of labor. Resources aren't really your anyway.
@outlaw19able
@outlaw19able 7 күн бұрын
HELP you OUT??? If you're so rich, why are hand-outs wanted..... BS....
@DBCooperMOTIVATES
@DBCooperMOTIVATES 7 күн бұрын
@@outlaw19able When did he ask for a handout? He asked for people to share the video and it would help out.
@CTWealth
@CTWealth 7 күн бұрын
Self made millionaire here. My business colleagues and I are constantly grappling with the challenge of how to raise our kids to keep them grounded and "hungry". My business partner took his 4 kids to Rwanda for several months to help build a school. The town had no clean running water. He wanted to give his kids true perspective. My solution is to never let them know we are wealthy. They truly have no idea and I want to keep it that way, while training them how to view money and how to invest. Their friends are children of the "high paid w2" Ken speaks of. They have every toy imaginable, as do their parents. Meanwhile, my kids are perfectly happy wearing 2nd hand clothes, or shoes from Wal-Mart. Despite high wages, many of these parents are living paycheck to paycheck. It's mind blowing to me. Anyway, my 2 cents. Great video as always Ken! Hopefully we can meet up the next time you're in Denver.
@yashpatel261
@yashpatel261 7 күн бұрын
I think shoes from walmart is pushing it a bit. Why not buy a pair every few years like regular people. I think spending time with them will be more valuable than any material item. Its what really counts in the end.
@CTWealth
@CTWealth 7 күн бұрын
@@yashpatel261 they're really young, so they go through shoes very quickly. No reason to overspend on quality. Also, could not agree more on spending time with them. I coach my son's soccer team, attend all his boy scout trips and ski with them both every weekend. Time is for sure the most valuable thing.
@stocksxbondage
@stocksxbondage 6 күн бұрын
Competition is a good way to build those mental callouses. Sports and even art like music. Maybe our kids won’t desire to exceed financial freedom into abundance. As long as they’re happy, healthy, and have the discipline to push the legacy without us, money won’t matter. Another idea is to let them know they’re only getting a portion and most of your wealth is being donated 🤷🏽‍♂️
@NealBurkard-ut1oo
@NealBurkard-ut1oo 6 күн бұрын
My dad is pretty well off but I was expected to work as soon as I could. Caddy when I was 14, once I was 16 I worked 40 hr/week during my summers in HS and college. Went to a private school with a lot of spoiled kids. A lot still had drive though, just dick personality
@CTWealth
@CTWealth 6 күн бұрын
@@stocksxbondage I go back and forth on the donation. It would make me proud to be the one who started a generational legacy. But it might make me even prouder to teach my kids how to fish.
@NashMancino
@NashMancino 4 күн бұрын
27 year old RV park owner here. I've been growing my portfolio for 5 years straight and I've never paid myself yet. Started with mobile home flipping, now RV Parks & now reinvesting into bigger things. I still work a full time job. Im very close to the point where I dont have to work my full time job anymore. This video inspires me to keep going. Thanks for the motivation Ken!
@BluejayDaGoat
@BluejayDaGoat 2 күн бұрын
thats nothing short of incredible bro keep it up
@murphyshsu
@murphyshsu 8 сағат бұрын
Keep at it- it is coming together!
@maximkhan109
@maximkhan109 14 күн бұрын
I have big respect to Ken and to those who started from a very humble place and achieved their personal financial freedom. It gives me hope for myself. Thank you!
@gosteampunkdotcom
@gosteampunkdotcom 14 күн бұрын
That was actually the real american dream.
@AlphaConviction
@AlphaConviction 7 күн бұрын
I believe in you
@MatgorzataZielinska
@MatgorzataZielinska 6 күн бұрын
I was told to spread my money across different things like stocks and bonds to protect my $750k retirement savings. Now, with the markets being shaky, should I keep adding money to my portfolio or consider other options?
@tomaszcz_k
@tomaszcz_k 6 күн бұрын
Absolutely! Having a financial expert has been a game-changer for me. They provide tailored advice that takes into account my unique financial circumstances, which has helped me make informed decisions and avoid costly mistakes.
@MatgorzataZielinska
@MatgorzataZielinska 6 күн бұрын
Thank you for sharing your positive experience! I've been contemplating seeking the guidance of a financial expert myself, but I wasn't sure where to start. Do you have any recommendations on how to find a reputable financial advisor or firm? I'm particularly interested in someone who can provide personalised advice and help me develop long-term strategies for financial growth. Any insights you can offer would be greatly appreciated!
@andersonandrew112
@andersonandrew112 13 күн бұрын
I just hit financial freedom this year at 34. I bought fixer upper apartments in a great neighborhood and in three years managed to boost the rents nearly 50%. The cashflow of 3k covers my expenses of $2.5k. I still have a long ways to go! 30k/month cashflow is my 10yr goal.
@KyleMcDermott3
@KyleMcDermott3 8 күн бұрын
2500 month? Living light
@andersonandrew112
@andersonandrew112 8 күн бұрын
@@KyleMcDermott3 I want to boost my lifestyle, trust me. The best use of money right now is to place into more cash-flowing assets. I can have my mid life crisis later on
@KyleMcDermott3
@KyleMcDermott3 8 күн бұрын
@@andersonandrew112 I’m 36, I’ve been grinding with my own business and a job for over a decade. Built up a decent nest egg. I’m Scottish so frugality is in my blood. I’ve had a lot of death around me and see how short life is. Don’t be afraid to live it.
@SpicyMang0s
@SpicyMang0s 6 күн бұрын
Amazing. Not bad. I hope to get started on this as well. I’m going to invest in real estate when my stocks go up I’ll sell palantir at $50 right now it’s at $21
@NigelHyphenJones
@NigelHyphenJones 5 күн бұрын
That’s a low bar…. If the s**t hits the fan (which is what is about to happen), you may lose your financial status fast….
@topgun4499
@topgun4499 14 күн бұрын
I retired at 55 being self employed all my life my main issues were not only the handouts but frivolous lawsuit, like my buddy used to say if they see you have money they want some of it… and that’s the sign my friend that you are successful in life Thanks for all the good info
@redtiger7268
@redtiger7268 13 күн бұрын
The wealthiest guy I know lives in a median priced home for the area, drives a 2019 non-luxury car and dresses like a broke college guy.
@9xqspx6
@9xqspx6 12 сағат бұрын
The worst is that they don't just want some of it, but they are happy if they can cause you too lose some (or all) of it. Nowadays this new-communistic movement (as I call it) is in a self-amplifying rage against anyone who has $2 more than they do. They also sort of resemble a 3rd or 4th generation that Ken was talking about in the video. Although not of a wealthy family, but of a family that was having a good, comfortable life, compared to the earlier generations.
@spivvo
@spivvo 3 күн бұрын
I was one of those corporate people but I never went out and spunked money on new top end cars, first class flights for top end holidays and ridiculous supermexpensive “look at me” posy restaurants, I also inherited about a third of my my current wealth when my parents left this world. Result, I retired at 55 and live very comfortably and set my own agenda with an investment portfolio of just over $10mil. I still travel with the ordinary folk turning right on the passenger jet but stay in nice hotels, eat in nice restaurants and live in a beautiful house. I spend no more than half of my net passive income and the rest gets reinvested to grow my capital. The trade in life is money for time…. Save the money and you get more time. If I had $100mil I still wouldn’t buy a jet. Good video.
@BadMannerKorea
@BadMannerKorea Күн бұрын
@@jejuislandtrekker8113 Uh, your payments can be zero under income based repayment. You make 120 "payments" of zero and they're forgiven. Your story doesn't make sense, or you're unaware of the forgiveness programs for teachers.
@Eden639
@Eden639 14 күн бұрын
I like Ken because he is down to earth because he started from humble beginnings.
@lyleburlingame2276
@lyleburlingame2276 14 күн бұрын
I haven’t even seen the video yet , but I’m STOKED to see Ken flex, because he never does!!
@brandicollins658
@brandicollins658 11 күн бұрын
I believe that is why he is making this video...for his 3rd generation!
@FredMeyer-no3ji
@FredMeyer-no3ji Күн бұрын
The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.
@SplendidJoshua
@SplendidJoshua Күн бұрын
Trading is easy, but trading the right coin without a time-tested strategy is incredibly hard.
@SmallSavage-un5xz
@SmallSavage-un5xz Күн бұрын
How can someone know a professional broker when legit once are hard to find this days
@workjax
@workjax Күн бұрын
@More Achiever
@jamesduke-di6ek
@jamesduke-di6ek Күн бұрын
I just contacted her right now we both are having conversation
@gamereactz
@gamereactz Күн бұрын
It's not that there's a playlist it's that their create it
@DBAnalyst1
@DBAnalyst1 13 күн бұрын
*YT Quick Survey:* For your shared investing ideas, what do you think will be the next Apple/Microsoft in terms of growth?
@hunantrain
@hunantrain 13 күн бұрын
None bro! considering the present unpredictable market volatility. 🚩🚩
@MichaelWeebles
@MichaelWeebles 13 күн бұрын
Not true at all... Although the market isn't so stable at the moment, it isn't as sick as some people have made it look... Believe me or not, as a beginner who knows next to nothing, I have made over $14k net profit just in a couple of months... I'm a retiree, and I am using these extra resources to help pay for odds and ends that I want.
@hunantrain
@hunantrain 13 күн бұрын
Hi Mr.Micheal Weebles, from my little experience your profit margin is quite stunning for a beginner. Do you make use of spreadsheets; Can you share? Thanks if you reply. 🙏
@MichaelWeebles
@MichaelWeebles 13 күн бұрын
No, I have never drawn up a spreadsheet... It's of no relevance to me.. I do practically everything through my advisor, Kelly Marie Matwick. In all honesty, she knows what she's doing.
@jetpark3743
@jetpark3743 8 күн бұрын
Tesla and pepsi
@ReynaDPerez
@ReynaDPerez 14 күн бұрын
Thank you for staying humble. You are not only rich on the outside you are also inside rich. Now that’s quality! 😊
@jejuislandtrekker8113
@jejuislandtrekker8113 Күн бұрын
Not rich on the inside if you don’t have Jesus.
@nanayoseto9968
@nanayoseto9968 14 күн бұрын
Never thought I’d see the day Ken showing off his wealth being a humble man he is
@hmputra89
@hmputra89 13 күн бұрын
It is necessary once in a while. It motivates us to reach his level.
@wolf-yw9wk
@wolf-yw9wk 13 күн бұрын
u need to flip ur mindset lol
@AkaAlijah
@AkaAlijah 13 күн бұрын
I wouldn’t consider this showing off he’s just showing what it’s like to live his life not trying to flex
@mattskillman
@mattskillman 3 күн бұрын
Ken, your 1st, 2nd, 3rd Generation analysis is SPOT ON. I have always said this exact thing. Having worked for a small family business before building my own, I have observed this first hand. The 1st Generation starts with nothing and builds value which generates wealth that the 2nd Generation eventually gets to benefit from. The 2nd Generation sees the hard work of the previous Generation and can relate, but grows up with the wealth from the 1st Generation. By the time the 3rd Generation comes around, they have become so detached from everything the 1st Generation did and being raised in wealth from the 2nd Generation that they don't know how to grow or maintain it. That's why a lot of small family business fail by the 3rd Generation.
@AlexandreGalinMtl
@AlexandreGalinMtl Күн бұрын
There s a saying that says it takes 3 generations to destroy a fortune.
@4453kevin1
@4453kevin1 Күн бұрын
this is 100% true
@cesarguardiola4045
@cesarguardiola4045 Күн бұрын
Why then do families like the Rothschild's and the Morgan's still have unimaginable wealth throughout multiple generations?
@audhauwidh
@audhauwidh 10 сағат бұрын
That's a strong rule for people who don't understand that parenting is the most important part of wealth building. But there are dynasties spanning centuries which understood parenting is just as important as what you accomplish in your lifetime. Meaning true success can come from hard work you put in, but do not see the benefits for several decades or maybe even not at all. Now we should debate who is more successfull, the hard working entrepreneur who achieves success after 5 years or the patriarch who achieves success after 50 years. We are ruled today by the latter, but the short termers get the newspaper headlines. In the end, the civilizational infrastructure always wins. Meaning there is always a bank you need a loan from, and they have been watching your family for quite some time.
@cesarmunoz377
@cesarmunoz377 13 күн бұрын
Been following Ken for a couple years and he is a prime example of someone who does not let wealth get to their head. He understands wealth is about freedom and using it to live your purpose. I think just important knowing what to do with the money once you have it as it is gaining it.
@judymckee5992
@judymckee5992 14 күн бұрын
I don't have the desire to own fancy cars, big homes etc..I lived a wonderful life and all I need is a fully paid house, passive income of $4k a month is plenty to me.
@1stPersonStateConsciousness
@1stPersonStateConsciousness 8 күн бұрын
Really? You know what I have wondered Marcielle? What if God does actually grant people what they want but the forces of this world convince them to ask for petty things when there is so much more they could ask for. I ask God everyday to win big in the lottery, become a multi trillionaire, and to become God enthroned on earth. Idk. Sounds like a lofty wish list but I'm not about to spend all my life on earth just to die then get to the otherside realizing I could've done/had more .....if I just asked
@TurnMaster
@TurnMaster 7 күн бұрын
​@1stPersonStateConsciousness 😂😂😂 WTF 😂😂😂 By the way there is no other side, at the end that's IT 😂😂 poor forever buddy, praying for wealth WILL get you NOTHING. 😂
@judymckee5992
@judymckee5992 7 күн бұрын
@@1stPersonStateConsciousness , You seek God with all your heart and His righteousness and all these things shall be added unto u. My most important wish is God drawing me near to Him. I have everything I wish and some I thought was impossible but God granted my hearts desire. I wanted to see Air Force 1 and also to fly in the king of Saudi Arabia private plane, both wishes happen on the same day. I wanted to see the world and thought I could only be able to see when I die but God brought me all over the world. I wanted to be a millionaire by 40years old and also to give down payment for homes for all my sibling who doesn't have one but God fulfilled my desire. I wanted to give a business to my dad who is not very educated but God put me at the right place and time that I got a courier contract for him to run. There is so many others that I can't listed them all. Faithful in little God will give you much.
@billycho566
@billycho566 3 күн бұрын
Everyone says that till you get the 4k. Also ignorance is bliss once you find out about all the cool things you can buy and the expierences you can have you'll need way more. Like Ken says his fun weekends are 50k
@judymckee5992
@judymckee5992 3 күн бұрын
@@billycho566 , I have 6months vacation in different places around the world, what more does anybody want.
@user-nq2no8id4s
@user-nq2no8id4s 14 күн бұрын
Thank you! It’s great to hear advice from someone at that level. Humility is priceless.
@thecapone45
@thecapone45 3 күн бұрын
Very true to never get into debt and never touch your financial base. I have retired and am happy to say I never once sold off shares to pay for my costs. And the portfolio just grows and grows.
@ajeetm
@ajeetm 22 сағат бұрын
Hands down the most useful video I’ve ever seen on YT. Thanks for being so open and sharing when you totally don’t have to!! 🙏🏼🙏🏼
@ryanwright1994
@ryanwright1994 8 күн бұрын
Ken is the man! Super knowledgeable person, humble, and confident. Glad he can reflect on his hard work and help others do the same. Thanks Ken!
@mikegilkey
@mikegilkey 14 күн бұрын
Ken, this is Gold. Thank you and thank you for all the time you put into this channel. Also, it was awesome seeing you speak last weekend.
@nightfury6836
@nightfury6836 14 күн бұрын
Sage advice as usual!! Thank you. Be well and enjoy your time Kenny!!!
@mrrazr8079
@mrrazr8079 13 күн бұрын
Great info! My children are readers of Rich Dad , poor Dad and have been passing info like yours his to them. Some of them understand and on their way to success. As long as they keep learning and stay humble I will be happy for them.
@genki007
@genki007 14 күн бұрын
Thank you, Sir! What an amazing message. In my opinion, maybe your best video ever. Keep up the great work!
@rossferguson5786
@rossferguson5786 14 күн бұрын
Thank you, Ken ! Always appreciate your wisdom !
@phocksyfox7
@phocksyfox7 14 күн бұрын
My wife and I very much appreciate your posts and all of your advice! They help keep us focused and motivated to become financially liberated. Thank you Ken
@IanDangerfield
@IanDangerfield 14 күн бұрын
Always appreciate the content Ken!
@coreyplummer3478
@coreyplummer3478 13 күн бұрын
I love Ken for the in depth perfection on weekly vids. I think these more personal ones are even better though
@davidrpriest
@davidrpriest 13 күн бұрын
Ken, you are an inspiration for so many people and are living an amazing life. It takes years to get to the level. Thank you for sharing your wisdom and lessons to help others on their journey.
@martinbecklen6486
@martinbecklen6486 13 күн бұрын
One of the finest expressions of wealth wisdom I've ever heard, and I've seen many others, and they are truly great and filled with wisdom, too. But this one by Ken is so rich in common day language, and should be seen -- and re-seen, and re-seen again and again -- by every teenager and young adult. A big Thank You, Ken, for all that you do to bring the value of hard word and the joys of achievement and success to so many. The greatness of America is that it provides the soil (freedoms and legal protections) for people like Ken to reap the reward of hard work. In too many countries, -- nearly all others, imho -- private achievements are quashed or stolen by government or the existing oligarchs who choose their government puppets.
@meetrichardreyes
@meetrichardreyes 10 күн бұрын
I'm loving the Vlog style intro video. Always enjoy watching your channel and I've been learning from you since 2013. Thank you for the education you put out.
@ayotorimusic
@ayotorimusic 7 күн бұрын
Ken has been one of my (virtual) mentors since 2020. He’s real with the advice and has been a great contributor to my journey.
@BA-cz4is
@BA-cz4is 6 күн бұрын
What do you do ?
@ginopoe9150
@ginopoe9150 2 күн бұрын
Thank you for defining what to do, reconfirms what I’m doing, cheers!
@fall7rise888
@fall7rise888 7 күн бұрын
Amazing insights. I’ve read a lot of books , listened to a lot of podcasts and youtube videos but the a good amount of the insights you shared are new to me. Thanks for sharing!
@Scooter1E
@Scooter1E 3 күн бұрын
This video was much needed for me! Thanks for keeping me motivated!
@denicelopez9467
@denicelopez9467 14 күн бұрын
Thanks for being so candid. This was a good video.
@Socal_2498
@Socal_2498 14 күн бұрын
yep, I like smaller scale and stress free environment but to have that peace of mind ~
@american236
@american236 5 күн бұрын
Wow, I really really like this video. He gives so much knowledge in such a short video and it doesn’t feel like he wants anything from me. He just giving the knowledge freely.
@melted.minds.
@melted.minds. 14 күн бұрын
Ken, I have so much respect for you! And thank you so much for your opinion on generational wealth! I was so curious why you made this video title. Seemed out of character 😅🙏💚 grateful for all your advice!!
@jameswalker366
@jameswalker366 13 күн бұрын
Proof, perhaps.
@RJ-lk5pj
@RJ-lk5pj 7 күн бұрын
Great video.. Thank you for your time & your stories! Much appreciated & valued ✌🏻🤔👍🏻
@Pinoystory311
@Pinoystory311 12 күн бұрын
This story is the summary of all walks of life of being wealthy..I love you Ken.. thanks for the advice..
@wojohowitz5432
@wojohowitz5432 Күн бұрын
thank-you for the Truth and transparency.
@kristianps2433
@kristianps2433 3 күн бұрын
This is so spot on. Thanks for sharing 🙏
@jeffreycarter3066
@jeffreycarter3066 13 күн бұрын
Thank you for the valuable advice, Ken. ❤️
@MrAirblown2009
@MrAirblown2009 2 күн бұрын
This video really spoke to me. Thank you for sharing.
@JonLynchIsAlive
@JonLynchIsAlive 7 күн бұрын
I remember when I made my first billion. What a feeling that was! It really meant I was beholden to no one else on the planet. Incredible feeling. Then I woke up.
@apirjek
@apirjek Күн бұрын
Best money advice for me. Thank you. God bless you.
@c40blaze76
@c40blaze76 14 күн бұрын
I’m going to the UFC fight in June too. I thought me spending $1000 on tickets was a lot 😂
@josephlugo5707
@josephlugo5707 13 күн бұрын
Thank you . Great great advice. 👍🏻👍🏻
@alfred5454
@alfred5454 14 күн бұрын
Would you make a video on relationships please? How do you navigate through jealousy, greed, and scams?
@blackmommabrands
@blackmommabrands 13 күн бұрын
Love your content. What an inspiration 😊
@AlejandroMartinez-eh8gr
@AlejandroMartinez-eh8gr 14 күн бұрын
Maestro ken, gusto en saludarle.. espero que se encuentre muy bien! Siempre agradecido por toda la sabiduría que siempre comparte
@alfred5454
@alfred5454 14 күн бұрын
Awesome insight. Thank you
@ahsanmohammed1
@ahsanmohammed1 5 күн бұрын
Excellent advice! Thank you! From Canada
@BruceRosenblatt
@BruceRosenblatt 2 күн бұрын
Ken is right on in his advice. Yes there are a few social media influencers out there that show you crazy lifestyles but you need to realize it’s very few. It took me 40 years of owning my own business and working 100 hours a week with sometimes no vacations for years. Here is my sage advice “ there are no shortcuts!”
@BeckyB11
@BeckyB11 14 күн бұрын
Awesome! Thanks, Ken!
@TheRealJakeArnold
@TheRealJakeArnold 14 күн бұрын
Lets goo!! An example that if you work very hard and smart you can achieve anything in this country. Sitting on a beach does get boring...
@Pug318
@Pug318 14 күн бұрын
I know you’re conservative guy, for you to show this, I love it much respect, and I always appreciate the knowledge you put out for everyone to improve their lives
@terranceOwens777
@terranceOwens777 9 күн бұрын
Great video/content Ken and I appreciate the advice and knowledge you shared with us thank you brother.
@leeroach3381
@leeroach3381 13 күн бұрын
Very helpful Thank you for sharing
@korgond
@korgond 11 күн бұрын
Great lessons in this video. Thank you Ken!
@trancastore2107
@trancastore2107 21 сағат бұрын
Great speak , excellent advice ❤
@prudence_business
@prudence_business 13 күн бұрын
Amazing video, Kenny!!!! I really enjoyed it and found it educational.🎉
@mitchvelazquez2539
@mitchvelazquez2539 7 күн бұрын
This is the first video I’ve watched from you and I’m subscribing ! Hell of a video! Do you do mentorship ?
@danielroper18
@danielroper18 7 күн бұрын
Terrific video! I loved it. Thanks for the wisdom
@adriandmd
@adriandmd 12 күн бұрын
Time, Money, Health, and Social Capital (strong spousal relationship in my case) are the four asset classes. My mentor said it is very common to be wealthy in one or two of these categories, but not all four. Before I became a FIRE retiree in 2020 at age 45, I made sure I was abundant in all four areas. FYI INTJ / INTP personality types are the majority of folks who make up the FIRE community.
@lbcrypto5309
@lbcrypto5309 14 күн бұрын
Thank you.
@arihantk
@arihantk 14 күн бұрын
Great wisdom and advice, Ken. 👍
@Taipanablack
@Taipanablack 13 күн бұрын
Thank you, Ken, for clarification of my vision
@nanojoel
@nanojoel 4 күн бұрын
I like this video, will watch more, thank you for the perspective
@newsforus9254
@newsforus9254 14 күн бұрын
Great guy & very well spoken.
@jacobtt34
@jacobtt34 14 күн бұрын
Awesome Video Ken as always.....
@envercito1
@envercito1 14 күн бұрын
Yes sir!!!! Love this video!
@geocam007
@geocam007 11 күн бұрын
Thanks Ken for this video and keeping us motivated. As an immigrant and 1st generation wealth builder, I believe in staying humble as one's wealth's increases and pass on the life lessons and experiences to my kids. I am still a work in progress and I know I will achieve my financial goal in the coming years.
@John-Jay-Allen
@John-Jay-Allen 14 күн бұрын
Base $ = Principal $ either Inherited and Invested or Earned through RealEstate, Stocks, Bonds,precious metal Appreciation and the Capital gains after selling those assets. (That’s $ that Must be reinvested to earn the secondary $.) The $ that’s secondary is the $ that can be used for expenses and living. Excellent Topic Ken, Thanks.
@kylendmiller
@kylendmiller 14 күн бұрын
Great advice, Ken
@andrelizotte9912
@andrelizotte9912 14 күн бұрын
It’s so true, I didn’t went to that level, but I’m happy to be more than financially free, and to achieve this you need to be passionate about the money game. Everyone who look at us, and want to do the same, many of them are not prepared to do what’s required to achieve that goal. I have tried to guide so many…not a lot can do it…
@cynthianeal9277
@cynthianeal9277 13 күн бұрын
Kenny, is a peoples man. He represents all of us. I have met him in person and he truly is a genuine good guy with impeccable work ethics.
@MattsSequenceFeb2012
@MattsSequenceFeb2012 13 күн бұрын
Great video! I enjoyed hearing this perspective and very motivating!
@sebk4582
@sebk4582 8 күн бұрын
Such a great video - first time I’ve seen you, great words 👍
@benjaminblumberg1335
@benjaminblumberg1335 14 күн бұрын
Thanks for sharing. I love the analogy of the treadmill. The irony is very few people, even wealthy people, realize that we are all on a treadmill where your desires end up controlling you. It seems contradictory, but it's only by needing less that we can achieve true freedom.
@ypey1
@ypey1 Күн бұрын
Facts… wanting allot of things is not freedom at all
@Powermoves1080
@Powermoves1080 13 күн бұрын
Thank You!
@user-dr8mx1pl5s
@user-dr8mx1pl5s 10 күн бұрын
Thank you Ken. For you advise I truly true what you say
@hansjesse1769
@hansjesse1769 5 күн бұрын
ABSOLUTELY AMAZINGLY GREAT ADVICE 👍
@ansonong2691
@ansonong2691 13 күн бұрын
Great advice from Ken man really down to earth
@SUPER_JAVI
@SUPER_JAVI 6 күн бұрын
So many facts were said in this video 💯
@ClarisNdoroRealEstate
@ClarisNdoroRealEstate 3 күн бұрын
Thank you for sharing. Right now, all the businesses that have started didn't work out. I'm not going to give up.
@herbigp
@herbigp 14 күн бұрын
Ken, I have been following you since you first got together with Robert Kiyosaki. I am free now thanks to you and Robert!! Can you do some videos on how you plan for your next 3-5 generations to retain and build on what you have accomplished? I just recently read “Die with zero” and that book may have flipped my paradigm… Thanks 🙏
@bethdixon501
@bethdixon501 14 күн бұрын
I have wealth and one 34 year old Son. I’ve offered him whatever he needs to pay for his minor debt. He lovingly says, No Thank You, Mom ❤️❤️❤️ I raised him as a single mom to use a debit card for purchases until he built his own credit that is well managed. He stands to be the sole heir to more than he even realizes. That being said, I divide my assets as needed for his own generational wealth. He does not plan to marry or have children so he will need to decide how to continue creating additional wealth and/or donation to a foundation I’m creating.
@luisraya8734
@luisraya8734 11 күн бұрын
Thank you, Ken.
@1469roach
@1469roach 6 күн бұрын
Amazing advice!!! Ive flown in over 10 private jets..different sizes.. and spent 30 to 40k a month a gucci, LV and other clothes store a month..it was all a waste.. but i did that because i never really had money and i went crazy trying to show people how now i had it.. but when the company dropped from making 3 million a month to 1 million.. my lifestyle i got use to had to change...but then i realized that one alot of the friends that were around before was because of the trips on thr mega yachts ... now im trying to get back.. but no lo ger care about the designer clothes or burning 50 to 60k tonfly to Miami and throw another 50k at strippers.. smh.. was a crazy time.. but just as fast as it came its gone and no one cares..just another person out there doing it. Anyway.. i love this video.. such amazing advice! True knowledge right there
@larrycombs6411
@larrycombs6411 6 күн бұрын
Great video! I have always had a hard time understanding business and money, seems to be a combination of its too simple for me to believe and that the 'game' as a whole is opaque, convoluted from top to bottom. Videos like these are tremendously informative to me thank you!
@deedunk8383
@deedunk8383 8 күн бұрын
Great video! Great explanation about the different generations!
@cucurezenita
@cucurezenita 5 күн бұрын
This is gold advice, great stuff
@ChimeENT
@ChimeENT 5 күн бұрын
Thank you so much
@AndresLealco
@AndresLealco 14 күн бұрын
MC from my perspective of Wealth, passive in come is one strategy, BUT in my thesis, I prefer diversify my risk. Greetings a from COLOMBIA 🇨🇴
@OmahaTonyG
@OmahaTonyG 14 күн бұрын
I love it Ken.
@zubzub8280
@zubzub8280 9 сағат бұрын
Solid advice that’s inline with what I’ve gleaned from successful individuals over the years. I am aware I will never reach jet ownership level, but if I raise my children how I was raised they will.
@Project_FIT
@Project_FIT 8 күн бұрын
This was great and to the point and not grandiose and exaggerated and just a perfect price point and lay out for exactly what it takes and all his points is exactly true and what I do as well
@twitchtwitch5331
@twitchtwitch5331 6 күн бұрын
Very nice video Title. This really got my attention. It's the first time I'm watching your video !
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