Latest / Earn Your Leisure / 5 Ways To Get RICH In This Market

Transcript

5 Ways To Get RICH In This Market · Earn Your Leisure

• 0:00
  Speaker 1: Let's talk about five ways to get rich in the market.
• 0:05
  Speaker 2: This segment is sponsored by you deserve to be rich.
• 0:07
  Speaker 2: Get the book and paperback bore for sure, Number one New.
• 0:17
  Speaker 3: York Times bestseller. By the way, what.
• 0:20
  Speaker 2: Kind of book holder you got? That's interesting swag?
• 0:27
  Speaker 4: Okay, good attention getter. You deserve it a big facts
• 0:35
  Speaker 4: right this down. Number one, concentrate on four stocks for
• 0:38
  Speaker 4: ten years. We just kind of illustrated why.
• 0:41
  Speaker 5: Number two, you have to learn how to build a
• 0:45
  Speaker 5: business and trade at the same time, and from the revenue,
• 0:48
  Speaker 5: take fifty percent of that revenue and put them into
• 0:51
  Speaker 5: the companies that you're going to hold for ten years.
• 0:54
  Speaker 5: Number three maybe we can talk about this one day.
• 0:56
  Speaker 5: You have to put ten to twenty percent into marketing.
• 0:59
  Speaker 5: I know, Rashad, that is one of the vehicles that
• 1:02
  Speaker 5: you love the most. But in a business, it's easier
• 1:06
  Speaker 5: to get five or six hundred percent return depending on
• 1:09
  Speaker 5: the business structure that you have in yourself, opposed to waiting.
• 1:14
  Speaker 5: So use the business to generate cash and then put
• 1:17
  Speaker 5: it into another long term vehicle. Find the businesses that
• 1:22
  Speaker 5: you believe are going to change the world and invest
• 1:25
  Speaker 5: in those. And then number five you have to be
• 1:27
  Speaker 5: the greatest in the world. That's something that you're good at.
• 1:30
  Speaker 5: For me, it was no matter what, being able to
• 1:33
  Speaker 5: determine the price of when to buy into an asset alone.
• 1:36
  Speaker 5: If I made you money, please put yes in chat.
• 1:38
  Speaker 5: That has been my gift to the world. But those
• 1:40
  Speaker 5: five in combination is how you'll be able to get
• 1:43
  Speaker 5: rich in the market, regardless of what's going on, like
• 1:45
  Speaker 5: whether the Dow falls another five weeks or six weeks.
• 1:49
  Speaker 5: I know where to get in long term, know how
• 1:51
  Speaker 5: to shorten long term, to profit from both sides of it.
• 1:54
  Speaker 5: So those are my five things and five ways to
• 1:56
  Speaker 5: get rich from the market.
• 1:58
  Speaker 2: I'm gonna add number six. So I think it's the
• 2:00
  Speaker 2: most important one. Watch market. Mondays, big fact are we
• 2:05
  Speaker 2: can in all we can.
• 2:06
  Speaker 6: In the level of information, the level of research, the
• 2:10
  Speaker 6: level of you know, in depth thought that goes into
• 2:14
  Speaker 6: this show every week, the returns that our audience have
• 2:18
  Speaker 6: gotten over the past six years, the amount of millionaires,
• 2:22
  Speaker 6: multi millionaires, thousands that have been made because of executing
• 2:26
  Speaker 6: on information that's been given, the amount of guests that
• 2:28
  Speaker 6: have come on here that shared information. There's nothing like it.
• 2:31
  Speaker 6: I mean, we're in it. So it's kind of with
• 2:33
  Speaker 6: jaded by it, right, like we're creating it, but the
• 2:36
  Speaker 6: people that are benefiting from it, the communities that are
• 2:39
  Speaker 6: benefited from it, there's nothing like it.
• 2:41
  Speaker 2: There really isn't anything like it. It was nothing before.
• 2:44
  Speaker 6: So I gotta I gotta selfishly put us in there
• 2:47
  Speaker 6: as one of the best ways to get rich of
• 2:49
  Speaker 6: the market.
• 2:50
  Speaker 2: Show. What about you? You got the power background.
• 2:52
  Speaker 3: I'll see you, yes, sir st Patrick.
• 2:59
  Speaker 1: I feel like you brought up a good point as
• 3:02
  Speaker 1: far as the business is concerned, and that's something that
• 3:04
  Speaker 1: we've always consistently said.
• 3:07
  Speaker 3: You have to have money to invest money, absolutely right, and.
• 3:12
  Speaker 1: So that's why it's like you watch your leisure to
• 3:15
  Speaker 1: learn about how to make money from different entrepreneurial venues.
• 3:20
  Speaker 1: You learn different skill sets like AI if you go,
• 3:24
  Speaker 1: you know, have a higher level of education. If that's
• 3:26
  Speaker 1: going whatever you have to do to make more money,
• 3:27
  Speaker 1: that's that's that's a priority. And then you have to
• 3:32
  Speaker 1: have enough discipline not to spend money and to like
• 3:35
  Speaker 1: I saw a clip from your Little Boosy today that
• 3:37
  Speaker 1: was pretty interested in He was saying he gets paid
• 3:39
  Speaker 1: to hundred, he take a hundred and just put it away.
• 3:42
  Speaker 1: I don't know what he putting it in, but he
• 3:43
  Speaker 1: was like he never wants to keep money in front.
• 3:45
  Speaker 3: Of his face.
• 3:47
  Speaker 2: That's a great lesson, yep.
• 3:49
  Speaker 1: And you got to have enough discipline to just always
• 3:52
  Speaker 1: stash the money. Stash the money, put it away, put
• 3:54
  Speaker 1: it away, put it away. But you got to have
• 3:55
  Speaker 1: enough money to be able to stash. That comes from
• 4:00
  Speaker 1: actually being able to earn money, but also not spending
• 4:05
  Speaker 1: money and avoiding debt traps and avoiding things that's going
• 4:10
  Speaker 1: to take money out of your pocket. So man, put
• 4:13
  Speaker 1: as much money as you can. That's really that's really
• 4:15
  Speaker 1: the cheat code, honestly, like put as much money as
• 4:18
  Speaker 1: you can to top companies at low price.
• 4:21
  Speaker 3: Points and just over the long period of time.
• 4:25
  Speaker 5: And we talked about this at the Mastermind, but this
• 4:28
  Speaker 5: is an optional. Like the spending is so high on
• 4:34
  Speaker 5: the government level, Like there's even some people saying like,
• 4:37
  Speaker 5: if you have three hundred thousand dollars today, you have
• 4:40
  Speaker 5: the spending power of somebody in nineteen seventy two. That
• 4:43
  Speaker 5: wasn't that far ago, of somebody who made seventy five thousand.
• 4:49
  Speaker 5: So you got to invest in the companies and it
• 4:51
  Speaker 5: used to be a luxury to be entrepreneur. There's almost
• 4:55
  Speaker 5: a mandate now to be able to be Okay, the
• 4:58
  Speaker 5: price of a new car is fifty two. That was
• 5:00
  Speaker 5: a medium price. It's insane. You gotta pay to not
• 5:05
  Speaker 5: get poisoned, to buy healthy food. And we'll talk about
• 5:08
  Speaker 5: it on the blackout. But that Japan couldn't put up,
• 5:10
  Speaker 5: So it's trying to leave. It is time to leave.
• 5:16
  Speaker 3: That's a fact. It's time to go. It's time to go.
• 5:19
  Speaker 2: You got it for two thousand, used to get your
• 5:21
  Speaker 2: five s.
• 5:22
  Speaker 3: America has been real