Name: 7 Timeless Investing Principles To Grow Your Wealth Compilation
Uploaded: 2020-03-19T20:01:10.000Z
Duration: 8 min 28 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

There's stocks, index funds, mutual funds, options.

What I notice is rich people they like stocks,

because of liquidity that they could sell

So dividend stocks, so they have paper assets.

they either have created their wealth through real estate

or they hold their wealth in real estate.

commercial properties, apartment buildings.

Right, there's so many different kinds of real estate.

land that they lease out to farmers or vendors.

That could be also part of the investment strategies.

It could also be parking lots, those are cool.

Or self storage units, those are cool too.

So what I notice is they have their money,

they hold their wealth in real estate, one form or another.

that comes across my table, I turn down 99.9% of them.

I look at hundred and hundred and hundreds of investments

and I do very selectively, very selective, just a couple.

Do you just anything that looks that comes across the table

and see online, "Oh, that sounds pretty good."

you fucking look at two stocks and jump into one.

Hey I look at three properties and you jump into one.

Always remember, investigate before you invest.

but by using the $1,000 and you invest in yourself,

improving your skills, improving your confidence,

so you can deliver more value to the marketplace.

Now lets say hypothetically you double income.

Instead of making 2,000 now you're making $4,000 a month.

$4,000, that's $24,000 in additional income to you.

That kind of return, from $1,000 to $24,000 a year,

what kind of investment would give you that kind of return?

Once you get good you keep earning and earning

that I developed many many many years ago.

Reinvest in yourself, believe in yourself.

When you have a habit accumulating money,

- When you don't have the habit accumulating money,

- It doesn't matter how much money you make.

Subtitles ListPlay Video

7 Timeless Investing Principles To Grow Your Wealth Compilation

matter

improve

imagine

property