The ULTIMATE Financial Advice You'll EVER NEED ๐ฐ [Retirement, 401(k), Bitcoin, Real Estate & More]
October 21, 2019
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as posted by the channelThe ULTIMATE Financial Advice You'll EVER NEED ๐ฐ [Investing, 401(k), Bitcoin, Real Estate & More]
There is a LOT of financial advice on YouTube but... Not all of them are good. #money #howtomakemoney #financialadvice #danlok
The so self-called "gurus" try to teach you something that they haven't been able to do themselves.
In today's video I decided to gather my BEST FINANCIAL ADVICE EVER with everything you need to know about making money, finances, investing & more.
USE THE MENU TO NAVIGATE THROUGH THE VIDEOS
Here's what we'll cover:
HOW TO MAKE $100K ONLINE
Lots of people dream about achieving their first $100k. While it might seem like an easy thing for some people, it might be difficult for other ones. For some people, the way to $100k seems almost impossible.
We all dream about our first million, but, in order to get to one million dollars, you need to achieve your first $100k. And then, an extra $100k. And the next extra $100k.
Thing is: you need to be smart when it comes to making 6 figures. Making money is a science and, just like it was said in "The Millionaire Fastlane", there are definitely activities that will bring you more return in regardless to others.
Dan Lok likes to say that there are three basic ways to make $100k (ones better than others):
- High Income Job
- High Income Profession
- High Income Skills
In order to make money fast, you need to focus on developing high income skills.
So... How to work your way into your $100k FAST? This is exactly what Dan Lok and I are going to discuss in this video.
THE WEALTH TRIANGLE
The Wealth Triangle is a combination between interest rates, capital (liquid money that you have in cash, to invest), and TIME!
And if you have only two of these things you can get rich, and if you have a good amount of all these elements then you can really get rich very fast ( well relatively fast, we are not talking about rich quick schemes here).
And to demonstrate this even better, I'll give you a few calculations and numbers that will make it extremely clear on why I call this "the most important video of your life"
BEST INVESTMENTS FOR 2019
Investing your money wisely, starting in 2019 can definitely increase your wealth in the following years. A clear and proper plan for investing your money can help you build your wealth and life a stress-free life in the future.
DON'T INVEST IN YOUR 401(K)
Today I'm gonna be talking about your 401K retirement Plan, should you invest in it? Well, the answer is not a clear yes or no, you must first analyze your position, run some calculations before you step up and see which route you should take.
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