The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH.... stock,silver and gold)
Individuals are still holding crypto coin and stocks? I didn’t know that , I guess a few know about integrating into the micro economy to help substitute FIAT or usdt for a more tangible exchange Experience, it more like capitalization with about 43.307% profits/ ROI weekly though.. ps.. Angela Mae McClain ,got me covered thanks
I’m from The uk and it’s made crazy over here right now.. Without trying to sound ignorant or rude I want to ask, Is it from investing most of you guys have started to generate capital? And if so, was the initial investment? Also could anyone recommend or give some guidance on how I am to begin ie companies, stock, broker etc? Thank you in advance 🙏🏽
I don't NEED $10Million. I can find a used car for 10k. I can find a house anywhere from $335K to $600k in an excellent area with great schools. I would need $3 mil to sustain that lifestyle. And 4 million to rev it up.
Honestly I think $4 million would work for most people. Especially for regular people working jobs. For entrepreneurs, it is different. But for regular people, Take somewhere between $250k and $1 million and that will be your paid off house, free and clear. The rest, somewhere between $2 million and $3 million) would be investments (e. g dividends from stock holdings) ...at about 3.5 percent dividends, that's around $105k per year in passive income. The problem is the other side of the ledger, folks need to control their spending
Just rounding numbers, between me and my wife we own 3 million in real estate. We rent out about 2 million worth of those assets and with those profits I am retired early at the age of 35. But I also have residual income earning me 1600 a month with more to grow. My wife still continues to work because we have 2 young children. So if you extrapolate those numbers to fit a single person no kids, it seem that 3 million is needed to retire comfortably. A couple with no kids needs 6 million in investments to retire. And lastly a couple with 2 kids would need about 9 million in assets to retire. Thats just my estimate.
Agree...4 Million for most regular ppl would do quite comfortably...pay off the house, debt, have a few income streams...4 Mill would defo work BUT the problem comes from excessive spending. People will see 4 Million an wanna spend it on luxury that they want an not need.
@@02nupe My wifes home is generational and paid off but we remodeled and added a separate unit to it. Mine I bought myself and have a loan on it still but is rented out.
10 million in assets gives you a salary of 400,000 and your assets will still be growing in the background. That’s extremely wealthy in almost every part of the world . Let that sink in.
Subconsciously if you cant fathom $10mill or believe you can achieve that number, you wont. Its your mindset. The number alone makes you uncomfortable because it scares you and your ego says lets stay in our comfortable struggle zone. I had a car service and mostly white guys would have this convo on a regular , the number was between $2mill -5mill that they would get nervous and they where regular guys in businesses that where not mind blowing. There mindset was different.If you a person who says just give me a million and Im good then you already lost. ThINK BIG and act and dont apologize for it.
You are so right we need to be deprogrammed and think differently about money period yo Jim Rohn said aim for a million nit for the money but what it will make of you if we can aim for making a million we can get to ten million it’s possible let’s look at it being achievable we must change how we see money in learning now we black people are behind
Just get to your first $1000. Then $10,000. Then $100,000. Go from there. Sorry, but $10,000,000 is absolutely ridiculous. That’s almost impossible for most people. Good luck!
Got a GLK from auction for 8 g's paid it off the next week found a Porsche for under 20K not sure if i want to pull the trigger ...think imma just stack and invest.
$10M is much more than you need to be financial free unless you're financially illiterate, have a wicked coke habit, or just recklessly trying to keep up with the Joneses. There's a difference between financial freedom and wealth. $10M puts you close to the top 1% in the US.
seems to be either, you can certainly have 10 mil and never spend it in your life time. But you can also have 10 mil in assets that generate returns to pay for yearly expenses
You guys are talking to the top one percent in the country, and totally ignoring the 99%. You guys have entered into a realm of wealth that most people can’t even dream off. When you’re using Mark Cuban, Rick Ross, and Kyrie Irving as examples…. You’re not thinking about normal people. This post will inspire 1% of your audience and discourage 99%. Was it worth it? I applaud your efforts to inspire people, but come on guys. Did you forget where you came from? Retraction. This is Clickbait. Telling people they need 1 million or two wouldn’t of gotten any responses. That’s why I’m not in marketing.
I'm thinking the same thing...they know damn well you don't need 10mil for financial freedom...consistent income and money management will lead to financial freedom.
Bruh you act like Mark Cuban and Kyrie aren’t regular people. They just worked super hard to get to where they are now! You can’t relate because you’re not in their shoes.
if thats the number than all of yal and the majority of the world scared. Wealth is based off your assets NOT wat you purchase or wear. lol 10 Million for who and what lifestyle?
Nah, If I had $10 Million after taxes, I'd buy used Toyota if not electric scooter or moped and a 4 tiny homes from Home Depot about $4000 each, I'll live off the land, that $10 Million would last me $400 years. Fuck materialism!!!
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH.... stock,silver and gold)
Individuals are still holding crypto coin and stocks? I didn’t know that , I guess a few know about integrating into the micro economy to help substitute FIAT or usdt for a more tangible exchange Experience, it more like capitalization with about 43.307% profits/ ROI weekly though.. ps.. Angela Mae McClain ,got me covered thanks
God bless Mrs Angela Mcclain for all Good works. We need such a person in the society
I’m from The uk and it’s made crazy over here right now..
Without trying to sound ignorant or rude
I want to ask,
Is it from investing most of you guys have started to generate capital? And if so, was the initial investment?
Also could anyone recommend or give some guidance on how I am to begin ie companies, stock, broker etc?
Thank you in advance 🙏🏽
$10,000,000 alright that’s the number it is! With inflation at these levels makes sense
What happens to it when the dollar crash?
🎯
@@goat515 You really think the dollar will crash?
I don't NEED $10Million. I can find a used car for 10k. I can find a house anywhere from $335K to $600k in an excellent area with great schools. I would need $3 mil to sustain that lifestyle. And 4 million to rev it up.
Exactly. Outside the really high prices areas like California or New York, 3 million is more than enough for most people
Honestly I think $4 million would work for most people. Especially for regular people working jobs. For entrepreneurs, it is different. But for regular people, Take somewhere between $250k and $1 million and that will be your paid off house, free and clear. The rest, somewhere between $2 million and $3 million) would be investments (e. g dividends from stock holdings) ...at about 3.5 percent dividends, that's around $105k per year in passive income.
The problem is the other side of the ledger, folks need to control their spending
Just rounding numbers, between me and my wife we own 3 million in real estate. We rent out about 2 million worth of those assets and with those profits I am retired early at the age of 35. But I also have residual income earning me 1600 a month with more to grow. My wife still continues to work because we have 2 young children.
So if you extrapolate those numbers to fit a single person no kids, it seem that 3 million is needed to retire comfortably. A couple with no kids needs 6 million in investments to retire. And lastly a couple with 2 kids would need about 9 million in assets to retire.
Thats just my estimate.
Agree...4 Million for most regular ppl would do quite comfortably...pay off the house, debt, have a few income streams...4 Mill would defo work BUT the problem comes from excessive spending. People will see 4 Million an wanna spend it on luxury that they want an not need.
This is solid, especially if you own your home
@@02nupe My wifes home is generational and paid off but we remodeled and added a separate unit to it. Mine I bought myself and have a loan on it still but is rented out.
YO, that 1-3 million talk track from Rashad is REAL TALK!
I can atone, MM changed my self. My portfolio setup for wealth building
10 million in assets gives you a salary of 400,000 and your assets will still be growing in the background.
That’s extremely wealthy in almost every part of the world .
Let that sink in.
Depends on how that 10 million is setup
Based on the historical average of the S&P 500, it actually gives you 1 million a year (10% return). This makes it even more crazy.
Subconsciously if you cant fathom $10mill or believe you can achieve that number, you wont. Its your mindset. The number alone makes you uncomfortable because it scares you and your ego says lets stay in our comfortable struggle zone. I had a car service and mostly white guys would have this convo on a regular , the number was between $2mill -5mill that they would get nervous and they where regular guys in businesses that where not mind blowing. There mindset was different.If you a person who says just give me a million and Im good then you already lost. ThINK BIG and act and dont apologize for it.
You are so right we need to be deprogrammed and think differently about money period yo Jim Rohn said aim for a million nit for the money but what it will make of you if we can aim for making a million we can get to ten million it’s possible let’s look at it being achievable we must change how we see money in learning now we black people are behind
@@mzyouknowit8024 it took me about 6 years to reprogram myself
🎯
Exactly
Any advice on how to get to 10 Million? Really struggling out here. I'm trying to make it
Just get to your first $1000. Then $10,000. Then $100,000. Go from there. Sorry, but $10,000,000 is absolutely ridiculous. That’s almost impossible for most people.
Good luck!
Cheesecake factory still catching strays 😂
On strict budget, most could make it on 500k( plus ss) paid off house, no debt. 10mil is the 1%
Vladimir 😂😂
I love how New Yorkers be on diss tracks lol
Got a GLK from auction for 8 g's paid it off the next week found a Porsche for under 20K not sure if i want to pull the trigger ...think imma just stack and invest.
Yeah stack that shit bro! Fuck that material shit.. you gonna get some way better down the line ✊🏽
$10M is much more than you need to be financial free unless you're financially illiterate, have a wicked coke habit, or just recklessly trying to keep up with the Joneses. There's a difference between financial freedom and wealth. $10M puts you close to the top 1% in the US.
Exactly.
Is it 10,000,000 in assets, liquid, hard, cash, debt how do you assesa total net worth
seems to be either, you can certainly have 10 mil and never spend it in your life time. But you can also have 10 mil in assets that generate returns to pay for yearly expenses
Did they say Indemnity Bond or Muni Bond?
Based of consumer purchasing...YEA
Let’s get it
I respect this but honestly I think this is for people who want an over the top lifestyle
Very true
Used car is not a good investment, the car faxed dont tell u if the car been in a major accident, it’s basically a scam sadly
You guys are talking to the top one percent in the country, and totally ignoring the 99%. You guys have entered into a realm of wealth that most people can’t even dream off. When you’re using Mark Cuban, Rick Ross, and Kyrie Irving as examples…. You’re not thinking about normal people.
This post will inspire 1% of your audience and discourage 99%. Was it worth it?
I applaud your efforts to inspire people, but come on guys. Did you forget where you came from?
Retraction. This is Clickbait. Telling people they need 1 million or two wouldn’t of gotten any responses. That’s why I’m not in marketing.
I'm thinking the same thing...they know damn well you don't need 10mil for financial freedom...consistent income and money management will lead to financial freedom.
They are afraid because of there crazy spending habits..
Bruh you act like Mark Cuban and Kyrie aren’t regular people. They just worked super hard to get to where they are now!
You can’t relate because you’re not in their shoes.
if thats the number than all of yal and the majority of the world scared. Wealth is based off your assets NOT wat you purchase or wear. lol 10 Million for who and what lifestyle?
Nah, If I had $10 Million after taxes, I'd buy used Toyota if not electric scooter or moped and a 4 tiny homes from Home Depot about $4000 each, I'll live off the land, that $10 Million would last me $400 years. Fuck materialism!!!
Mark cuban and rick ross😮
Used 1992 Lexus SC 400 Coupe going for 7900
He don’t want it that used. But that’s a dope car nevertheless.
Bro I'm living in the "Projects" in Philadelphia Pennsylvania $100,000 USD cash im straight 😅
you guys might as well bring Micheal Todd on the show considering your running out of foundational topics
Damn my 100k makes me broke
coming from they guy who said 400 a day to hang out in nYC
Entertainment...10 million is preferred.
why not move all your money to a country with better economy?
A full blown student.
If you think you need 10m to be free then you don't know what freedom is...that is unrealistic but it sounds intelligent.
Huh?
Nothing but inspiration! 🧭🏔️