Это видео недоступно.
Сожалеем об этом.

15 Ways to Increase Your Financial IQ

Поделиться
HTML-код
  • Опубликовано: 12 авг 2024
  • 40% of the world’s population is financially illiterate.
    Are you one of them?
    Get the app: www.alux.com/app
    00:00 - Intro
    00:46 - The Finance Matrix
    03:10 - Master the "Rule of 72"
    05:16 - Decode behavioural finance
    09:55 - Implement zero-based budgeting
    11:48 - Study case studies of financial successes and failures
    13:29 - Learn to read financial news critically
    15:36 - Challenge yourself with financial experiments
    17:05 - Analyze your favourite brands' financials
    18:52 - Follow influential financial podcasts
    20:44 - Read influential personal finance books
    22:38 - Utilize gamified learning apps
    23:58 - Set up a financial vision board and utilise goal-based investing
    25:47 - Experiment with dollar-cost averaging
    27:31 - Automate your finances
    28:36 - Study the financial independence, retire early (FIRE) principles
    -
    Get Rich Playlist: • Get Rich Playlist - Al...
    Take Action Playlist: • TAKE ACTION by Alux.com
    All Sunday Motivational Videos: • Sunday Motivational Vi...
    Book Club: • Alux.com's Book Club
    -
    Social Media:
    / alux
    / alux
    / aluxcom
    ---
    Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content!
    Our website: www.alux.com is the largest social network for people who are passionate about LUXURY! Join today!
    SUBSCRIBE so you never miss another video: goo.gl/KPRQT8
    --
    To see how rich is your favorite celebrity go to: www.alux.com/networth/
    --
    For businesses inquiries we're available at:
    www.alux.com/contact/

Комментарии • 606

  • @YigitFasan
    @YigitFasan 14 дней назад +45

    If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

    • @clintonjake8025
      @clintonjake8025 14 дней назад +3

      I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?

    • @StephanieK.Anderson
      @StephanieK.Anderson 14 дней назад +2

      Investing can be complex, so it's smart to get professional guidance when building your financial portfolio.

    • @LucBlanc
      @LucBlanc 14 дней назад +2

      It's a great idea to have a conversation with financial advisors like Amanda Martin to reshape your portfolio.

    • @user-zj5hu3mf4x
      @user-zj5hu3mf4x 14 дней назад +2

      I spread out my $25k portfolio across various markets to diversify my investments.

    • @DaliaBrown-b2e
      @DaliaBrown-b2e 14 дней назад +1

      That's awesome! I ended up making a net profit of about $115k by investing in high dividend yield stocks, ETFs, and equity.

  • @SarahTaylor_
    @SarahTaylor_ 8 месяцев назад +333

    My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.

  • @c.t.u.o
    @c.t.u.o Год назад +156

    Currently working overseas but will return to my home country in the near future. I'm a landlord. I invested in property at the age of 22. Value has soared and renting out. Will live on the rental income I receive and live with my aging parents for the time being. At 60 I can withdrawal from my superannuation (401(k)). Have savings and eligible for the Australian pension at 63. In the future I may downsize, sell the property and buy cheaper property and add the left over money from the sale to savings. Lots of options for me. The way I see it if you have $1m at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...

    • @MiikeFaber
      @MiikeFaber Год назад +1

      @@user-3456rtu I completely agree; I'm 60 years old, recently retired, and have roughly $1,250,000 in outside retirement funds. I have no debt and very little money in retirement funds compared to the total value of my portfolio over the last three years. To be honest, the Fin-advisor's can only be neglected, not rejected. Simply conduct study to identify a reliable one

    • @MiikeFaber
      @MiikeFaber Год назад +4

      @@sherryie2 Her name is "NICOLE DESIREE SIMON". I got to know her through my wife. She was handling hers effectively, and she's been doing same for me. It's my wife that has her number, but you could look her up and contact her yourself.

  • @Rochelletrem
    @Rochelletrem Год назад +431

    I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?

    • @berkrix4312
      @berkrix4312 Год назад +4

      Avert too-good-to-be-true con tricks. Consult a fiduciary counselor; these professionals are among the best in the business and offer individualized guidance to clients based on their risk tolerance. There are undesirable ones, but some with a solid track record can be excellent.

    • @jeffery_Automotive
      @jeffery_Automotive Год назад +4

      Yes, I've been in constant touch with a Financial Analyst for approximately 8 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 40% up in profits just in 5months with my initial capital of $160k

    • @theresahv
      @theresahv Год назад +3

      @@jeffery_Automotive How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.

    • @jeffery_Automotive
      @jeffery_Automotive Год назад +3

      Big Credits to Julie Anne Hoover’ she has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Julie Anne Hoover’ has been a good guide through the year.

    • @theresahv
      @theresahv Год назад +2

      @@jeffery_Automotive Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

  • @edward.abraham
    @edward.abraham 11 месяцев назад +742

    Building wealth and achieving financial independence is more achievable than commonly perceived. With access to accurate information, establishing lasting financial stability and prosperity becomes attainable. Engaging in prudent investment remains a primary avenue for generating substantial income and sustaining enduring wealth.

    • @james.atkins88
      @james.atkins88 11 месяцев назад +1

      The initial stride towards wealth creation involves delineating your objectives and assessing your risk appetite, a process that can be undertaken independently or in collaboration with a financial consultant. By acquiring accurate insights into savings and investment strategies, accompanied by a comprehensive blueprint, one can progressively achieve financial stability and experience the rewards of effective income management over time.

    • @hunter-bourke21
      @hunter-bourke21 11 месяцев назад +1

      Indeed, your perspective is accurate. Engaging the services of a skilled financial advisor, such as Mary Onita Wier can significantly position one for life's achievements. I am content that I made the decision to enlist the expertise of a financial advisor earlier this year. While some were voicing concerns about the market decline, my focus was on capitalizing on my investments, resulting in a substantial seven-figure gain during the initial quarter alone.

    • @rebecca_burns14
      @rebecca_burns14 11 месяцев назад +1

      @@hunter-bourke21 I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @hunter-bourke21
      @hunter-bourke21 11 месяцев назад

      Mary Onita Wier, is my portfolio-coach, I found her on Bloomberg where she was featured, I googled her name on the internet. Fortunately I came across her website and reached out, You can also verify yourself.

    • @veronica.baker1
      @veronica.baker1 11 месяцев назад

      Thank you for the information. I conducted my own research on *Mary Onita Wier* , It appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.

  • @Raymondcraw1967RaymondCrawley
    @Raymondcraw1967RaymondCrawley 4 месяца назад +619

    Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?

    • @FaithAndrada-xo9ou
      @FaithAndrada-xo9ou 4 месяца назад

      as most investing-related questions, the answer is, it depends.. my best suggestion is to consider advisory management

    • @BrewerVera
      @BrewerVera 4 месяца назад

      Agreed, the role of advisors can only be overlooked, but not denied. I remember in early 2020, during covid-outbreak, my portfolio worth around 300k took a slight fall, apparently due to the pandemic crash, at once I consulted an advisor in order to avoid panic-selling. As of today, my account has yielded big fat yields, and leverages on 7-figure, only cos I delegate my excesses right.

    • @AndersonFair-cy2bb
      @AndersonFair-cy2bb 4 месяца назад

      this is huge! mind if I look up the advisr that guides you please? only invest in my 401k through my employer for now, but enthused about diversifying my investments for a prosperous financial future

    • @BrewerVera
      @BrewerVera 4 месяца назад

      Finding financial advisors like Melissa Maureen Ward who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @Raymondcraw1967RaymondCrawley
      @Raymondcraw1967RaymondCrawley 4 месяца назад

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @BateserJoanne
    @BateserJoanne 10 месяцев назад +156

    Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets.

    • @Jason9o669
      @Jason9o669 10 месяцев назад

      Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $650K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.

    • @AlexanderDanielley
      @AlexanderDanielley 10 месяцев назад

      I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimise risks and maximise profits, generating around $3 million in three years with my advisor, Stacey Lee Decker.

    • @ClementRusso2
      @ClementRusso2 10 месяцев назад

      I'm intrigued by the idea of investing with an analyst, it seems like a wise choice in today's market. Could you provide me with some guidance on how to get in touch with her?

    • @AlexanderDanielley
      @AlexanderDanielley 10 месяцев назад

      @@ClementRusso2 With the help of google you can book an appointment. She has a wealth of experience in the financial market gained over several years.

    • @Rodxmirixm
      @Rodxmirixm 10 месяцев назад

      After reading your insights, I researched her full name and found her online webpage. Thanks for your help.

  • @kigletmary56
    @kigletmary56 7 месяцев назад +303

    The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

    • @gracegomez109
      @gracegomez109 7 месяцев назад +1

      The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

    • @priyankamahatma6672
      @priyankamahatma6672 7 месяцев назад

      very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance to make a from a financial-advisorr, you can be passively involved with the aid of a professional.

    • @Judithmoy109
      @Judithmoy109 7 месяцев назад

      wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

    • @priyankamahatma6672
      @priyankamahatma6672 7 месяцев назад

      You can search her up her name is Valerie Jean Zwosta. Thank me later.

    • @Judithmoy109
      @Judithmoy109 7 месяцев назад

      Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up phone call.

  • @watsonkashala99
    @watsonkashala99 Год назад +75

    00:00 - Intro
    00:46 - The Finance Matrix
    03:10 - Master the "Rule of 72"
    05:16 - Decode behavioural finance
    09:55 - Implement zero-based budgeting
    11:48 - Study case studies of financial successes and failures
    13:29 - Learn to read financial news critically
    15:36 - Challenge yourself with financial experiments
    17:05 - Analyze your favourite brands' financials
    18:52 - Follow influential financial podcasts
    20:44 - Read influential personal finance books
    22:38 - Utilize gamified learning apps
    23:58 - Set up a financial vision board and utilise goal-based investing
    25:47 - Experiment with dollar-cost averaging
    27:31 - Automate your finances
    28:36 - Study the financial independence, retire early (FIRE) principles

  • @CharlotteRosemary-
    @CharlotteRosemary- 9 месяцев назад +724

    As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

    • @StevenWickman
      @StevenWickman 9 месяцев назад +1

      Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge

    • @georginacarolynsussewell5492
      @georginacarolynsussewell5492 9 месяцев назад +2

      Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.

    • @Jonathanharper-
      @Jonathanharper- 9 месяцев назад

      How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @georginacarolynsussewell5492
      @georginacarolynsussewell5492 9 месяцев назад +3

      There are a lot of independent advisors you might look into. But i work with Lisa Ann Moberly and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her

    • @jeremymontanez7663
      @jeremymontanez7663 9 месяцев назад +1

      Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume

  • @PatrickLloyd-
    @PatrickLloyd- 8 месяцев назад +276

    These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

    • @hankmarks69
      @hankmarks69 8 месяцев назад +4

      Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.

    • @sattler96
      @sattler96 8 месяцев назад +4

      Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

    • @PhilipDunk
      @PhilipDunk 8 месяцев назад +3

      The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

    • @mikeroper353
      @mikeroper353 8 месяцев назад +3

      @@PhilipDunk Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person

    • @PhilipDunk
      @PhilipDunk 8 месяцев назад +3

      My advisor is “Vivian Carol Gioia” highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

  • @richardspenard2663
    @richardspenard2663 Год назад +407

    I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas

    • @JerrellHulme-kn8ue
      @JerrellHulme-kn8ue Год назад

      Investing in stocks is a good idea, a good trading system would puts you through many days of success

    • @jacobmiller-uf3ip
      @jacobmiller-uf3ip Год назад

      @@farn-4u I've been thinking of going that route, been holding a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think you coach could aid me with portfolio-restructuring?

    • @richardspenard2663
      @richardspenard2663 Год назад

      @@farn-4u I just looked up Amanda Elizabeth Keller on the net and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals

    • @jacobmiller-uf3ip
      @jacobmiller-uf3ip Год назад

      @@farn-4u Thanks for the recommendations just DM her now and she attended to me nicely

    • @DDD0348
      @DDD0348 Год назад

      You should look into forex

  • @user-fi1ec6qj2v
    @user-fi1ec6qj2v 6 месяцев назад +894

    The value of the US dollar seems very much appreciating in other countries and as a result this can bring about plenty opportunity to invest and yield good benefits not withstanding though the flow of inflation.but one can still make a good gain from proper trade or investment

    • @SandraLouis-jm3rr
      @SandraLouis-jm3rr 6 месяцев назад

      It is quite a beautiful thing to even reason trade and investment far across but I also think you have to be well equipped with the know how before having such an outstanding and long range plans 👏 nice idea though 😘

    • @Stephaniemac-cc8wc
      @Stephaniemac-cc8wc 6 месяцев назад

      Absolutely so thoughtful.yeah the world 🌎 is actually smaller than imagine with net now a daya and such ideas should not really be a problem.striking your good plans regardless your state or region shouldn't be a problem. with the use of computer and net now a wind range of research and follow up can make it very much benefiting

    • @HelenGibbs-hs1re
      @HelenGibbs-hs1re 6 месяцев назад

      Wow very thoughtful ,this got my eyebrows lifted I believe so many people got worried about things like this.informtion is power and the world 🌎 is globally connected so i feel dreams can still be made reality,very nice opinion

    • @VictorFabian-lg8ku
      @VictorFabian-lg8ku 6 месяцев назад

      The whole idea about financial stability or freedom can work no matter where you find yourself, just make up your mind and connect with people with the right information at the right time then there you go. nevertheless mentorship is also a good thing one needs to consider, a proper guide and explanation.

    • @VictorFabian-lg8ku
      @VictorFabian-lg8ku 6 месяцев назад

      Possibly make time to research on the net the primary knowledge of what you have in mind your plans and aspirations not just naively going into trade.

  • @DavidCovington-st2id
    @DavidCovington-st2id 5 месяцев назад +216

    Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

    • @WillieNickell
      @WillieNickell 5 месяцев назад +1

      Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .

    • @AllenNichol
      @AllenNichol 5 месяцев назад

      I was advised by my advisor I" Vivian Carol Gioia", a CFA, whom I watched on Bloomberg Business News to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets .

    • @AllenNichol
      @AllenNichol 5 месяцев назад

      I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimise risks and maximise profits, generating around $3 million in three years with my advisor.

    • @AllenNichol
      @AllenNichol 5 месяцев назад

      Indeed, stocks offer opportunities for dividends and long-term growth, whereas bonds generally offer fixed returns. It's wise to consult a fiduciary to align investments with your goals and risk preferences. I'm currently working with one, and she's been invaluable, growing my portfolio from $80k to approximately $550k.

    • @tmer831
      @tmer831 5 месяцев назад +1

      I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

  • @musashiwebb
    @musashiwebb Год назад +4

    Ecology and economy share a common root, "oikos," meaning "house or household." The Indo-European root is "woikos," which gives us Latin "vicus," a cluster of houses, and words such as village and vicinity.01 The suffix "-ology" means "study of." Ecology is a science devoted to understanding the complex, changing dynamics of Earth, while economy is derived from the Greek word "oikonomia," meaning "house or household." The tension and contemporary enmity between ecology and economy is ironic because they share a common root.0 The connection between the two is being seen as relevant to the questioning of economic theory and policy.
    Economic management and ecosystem management are intimately intertwined. The forces at play in an environment(the movement of energy from the Sun throughout the trophic systems) is similar to what human beings have done with the movement of money(energy/currency) within the human trade system to facilitate growth/well-being(or lack thereof) within our societies. There are plenty of rules/regulations within the current human economic system that are incongruent with how Nature has evolved/produced the most optimal means by which energy from our Sun permeates throughout the trophic levels to benefit all organisms throughout each season, every single year. I hope anyone reading this can benefit from studying both fields(ecology/economics) to bring more abundance to not only themselves, but to others around them. Best of luck to all on their Journey here on Earth.

  • @drjackliam8498
    @drjackliam8498 Год назад +55

    Great video, I've been interested in investing ever since I came across articles of people making up to $100,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?

    • @anitaroger8497
      @anitaroger8497 Год назад +4

      I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $50,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year

    • @Randykay-cw4qk
      @Randykay-cw4qk Год назад +3

      @@anitaroger8497 That's pretty amazing; you undoubtedly earned a lot of money. I personally bought in Warren's BRK-A stock, which was expensive but absolutely worthwhile.

    • @jaydenkeller8723
      @jaydenkeller8723 Год назад +3

      @@anitaroger8497 I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with?

    • @anitaroger8497
      @anitaroger8497 Год назад +3

      My advisor is Brian Francis Pearce, A renowned figure in his line of work. I recommend researching his credentials further

    • @jaydenkeller8723
      @jaydenkeller8723 Год назад +3

      How can I reach out to him?

  • @jaxonmichael709
    @jaxonmichael709 Год назад +104

    During a bear market, the headlines will focus on negative news, whether it's declining economic growth, geopolitical upheaval, cultural and legal turmoil, or some combination of all three. I listened to a podcast of someone that grew his reserve from $120k to almost $460k during this Red season, can you share tips on how to make such aggressive proceeds in short periods?.

    • @ericdave8191
      @ericdave8191 Год назад

      Thanks, I just searched him up on google and I'm super impressed with his qualifications. Have contacted him through his webpage to hear what he has to say about my situation.

    • @jaxonmichael709
      @jaxonmichael709 Год назад

      Thank you, i copied and pasted his name on web browser and sent a mail waiting reply.

  • @suziehovic
    @suziehovic Год назад +231

    Federal Reserve may soon lose control of interest rates, claims Heresy Financial. This comes as a result of the United States government's intention to embark on a $1 trillion borrowing spree. This might cause the banking sector to lose so much liquidity that rates spiral out of control and are no longer in the control by the federal reserve. I'm sorry to say that despite investing, I lack the mental capacity to evaluate each company's performance and decide whether or not now is a good moment to acquire stocks. My reserve of $650K is being wiped out by inflation and the recession. Sincerely, I have no idea what to do.

    • @GrahamCan
      @GrahamCan Год назад

      According to Bipan Rai, North America director of FX strategy at CIBC Capital Markets, "there is growing concern that incoming data is showing that the Fed might be a little bit behind the curve than maybe they expected heading into this year."

    • @cyrilmilton
      @cyrilmilton Год назад

      "There's more and more of a concern that incoming data is revealing that the Fed might be a little bit behind the curve than maybe they expected heading into this year," said Bipan Rai, North America head of FX strategy at CIBC Capital Markets.

    • @mykreid
      @mykreid Год назад

      I concur with you as well. I prefer to have an investing coach's advice in my day-to-day investment decisions because their skill set is based on short- and long-term holdings for profit realization and their unique analysis makes it practically impossible for them to underperform. My coach and I have been working together to invest for literally four years, and we have already generated over $1 million in net profits.

    • @Tawatson
      @Tawatson Год назад

      We're only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08' crash and I've been looking into similar opportunities in this present market, could this coach that guides you help?

    • @mykreid
      @mykreid Год назад

      Absolutely, Olivia Maria Lucas is my portfolio coach, and my trading account basically mirrors that of hers, it's quite transparent and automated, so I don't have to be active during trades. You can vet her if you like

  • @Windarti30
    @Windarti30 Год назад +374

    Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.

    • @WiolciaMrozowska531
      @WiolciaMrozowska531 Год назад +3

      Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from my coach Rodger Michael Karl who's a guru in the game, you can be passively involved with the aid of a professional.

    • @CryptowithJAMESHub
      @CryptowithJAMESHub Год назад +1

      I really appreciate the guidance. Online, it was simple to find your coach. Before setting up our phone chat, I conducted some research on him. On the basis of his internet resume, he seems knowledgeable.

  • @cheya111
    @cheya111 Год назад +1

    What podcast was recommended at 20:25? I could not grasp the name.

    • @shaundias4369
      @shaundias4369 Год назад +2

      Navalravi kant podcasts... He had been a guest on Joe rogan
      As well he has an amazing book which I haven't read but I have leaned it's beautiful

  • @Financial-Education101
    @Financial-Education101 Год назад +24

    I couldn't agree more with the message of this video!
    It's shocking to hear that such a large percentage of the world's population lacks financial literacy, especially in developing countries. Ignorance about money matters can have serious consequences.
    But hey, knowledge is power, right?
    That's why I'm grateful for videos like this that aim to educate and empower people to take control of their finances.
    It's never too late to learn and make a positive change! Kudos to the creators for shedding light on this important issue.

    • @verb0ze
      @verb0ze Год назад

      The education system in most places is not designed to produce a financially-educated population. If everybody is wise about their money, who's going to fund the consumerism most economies rely on to boost their GDP YoY? I'm surprised at myself that I'm now just learning a lot of this stuff, long after college, well into my career, even through I've been generally wise with my money. Unless surrounded by people who have this knowledge, it has been historically hard to acquire financial literacy. I'm thankful for the internet and the likes of Alux for making this info more accessible

    • @vincentortega4284
      @vincentortega4284 Год назад

      Fi financial Education, Knowledge is potential power; if a person doesn't use/ put that knowledge into action; its useless knowledge.

  • @keemosupremo8815
    @keemosupremo8815 Год назад +4

    I really like the wordage in this one, glad I got a good vocabulary

  • @ericschweitzer6971
    @ericschweitzer6971 Год назад +235

    A share price is never low or high, it is what it is, what matters is whether it goes up or down from that point, I'm excited about the next bullrun as I'm buying as much as I can now, still words on the media says this crash has as much high-yielding possibilities as a bullrun, sure the risks are greater now, but they can be managed.

    • @justinemontalvo5162
      @justinemontalvo5162 Год назад

      Having the knowledge is one thing and applying the strategies successfully is another, that's why mostly pros carry such trades out.

    • @waynegomes2728
      @waynegomes2728 Год назад

      That's true, a lot of folks actually downplay the role of a portfolio-advisor these days. I remember couple summers back, after a lengthy divorce I needed a good boost to help my business stay afloat. With the aid of an portfolio-coach, grew my reserve of $300k to almost $850k that same year. Helped me

    • @shashiprakash8075
      @shashiprakash8075 Год назад

      I nearly lost 4000 pounds trading a demo account, I thought it's just like trading the real market 🤔

    • @jamesrobert403
      @jamesrobert403 Год назад

      >>LMAO😂 it's extremely annoying I never got luck on it at all.

    • @dannymullen4325
      @dannymullen4325 Год назад

      @@jamesrobert403 Have you lost when trying to invest on your own?

  • @luthandobryan1260
    @luthandobryan1260 Год назад +4

    I struggle in staying frugal in my money, but this video is invaluable so I'll definitely keep this precious free information in mind going forward, thank you Alex - you saving a lot of people heartache and time with your invaluable videos- much appreciated - from South Africa and out

    • @nj1624
      @nj1624 10 месяцев назад

      ruclips.net/video/UzPqtTmV3Dk/видео.html

  • @TADashboard
    @TADashboard Год назад +8

    Alux, Awesome Awesome episode!! I've been a paid member from the very beginning. To everyone working at Alux thank you all for your hard work, it's helping more than you will ever known. Keep up the great work guys and thank you. Go Ukraine. Oh ans to our narrator, Girl your voice is invaluable, you better not ever leave.

  • @setforlife_media
    @setforlife_media Год назад +2

    Financial intelligent is a must to learn. Thanks for always creating this kind of content and helping people to win financial games. Great video 👍

  • @christianajoe8563
    @christianajoe8563 11 месяцев назад +26

    When you invest, you're buying a day you don't have to work

    • @cassiejacobs4197
      @cassiejacobs4197 11 месяцев назад +1

      Assets that can make you rich
      Bitcoin
      Stocks
      Real estate

    • @popsarah7805
      @popsarah7805 11 месяцев назад

      Crypt0 is the most profitable investment online of only you trade with the help of a professional expert

    • @loydriley9221
      @loydriley9221 11 месяцев назад

      I recently got into forex trading and im already marveling over the profits I'm making, I'm like " how the hell have i been sleeping on this

    • @maxiecharles2842
      @maxiecharles2842 11 месяцев назад

      Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company

    • @maxiecharles2842
      @maxiecharles2842 11 месяцев назад

      Learn and trade under a guide I do same and I hardly make losses in the market

  • @RishabhSharma-vt7qn
    @RishabhSharma-vt7qn Год назад +3

    Thank you Alux ❤ for the wonderful insights I am trying to build a business to overcome biases in investing, but I am not able to figure out the business model around it , can you help with your mentoring "?

  • @earlthomas7464
    @earlthomas7464 Год назад

    I totally missed the recommended podcast @ the 20:36 mark. Can someone please help me! Thanks in advance.

  • @danielkover7157
    @danielkover7157 4 месяца назад

    In the beginning you mention two videos that sort of precede this one, one about the banking system and one about how money works, but there were no links provided. Which videos were you referring to? I'd like to watch them.

  • @m.showers1242
    @m.showers1242 Год назад +7

    Wow Alux! A boat load of great info today!

  • @storymode9085
    @storymode9085 Год назад

    no links to those "other 2 videos"? How banks work is the closest i could find

  • @salehalisaadi2296
    @salehalisaadi2296 Год назад +1

    Fantastic video! These 15 practical tips offer a clear roadmap for boosting financial intelligence. Thanks for the insightful guidance

  • @deannadias
    @deannadias Год назад

    NGL, I got excited when I saw the McDonald’s on Stanwix st in good ol Pittsburgh Pa 😊

  • @VING9111
    @VING9111 8 месяцев назад +3

    good video, I'm 19 and learning more about financial literacy and I found this video to be a great starter to my journey

  • @HaroldMills-jo9qj
    @HaroldMills-jo9qj Год назад

    what are the videos you reference in the beginning of the video?

  • @nhlanhlandlovu5542
    @nhlanhlandlovu5542 Год назад +1

    After the intro, the english was a little bit too heavy for me but
    I got a grasp of a few concepts

  • @churchill19708
    @churchill19708 Год назад +1

    Sorry it took me so long to put my message up Alux. I had to watch this video three times, get the One page Financial Plan book bought on audio books and finish it. Then I came back to listen again for the details I missed before. This has been my goal for this year so you were reading my mind. I will be back to watch again to finish my notes. Sorry if I am off the app for a few days. I gotta get this budget done for May.
    Budgeting is my weakness but I am trying to correct that.

  • @wealthspirejmr
    @wealthspirejmr 11 месяцев назад +2

    Love the way this video was presented! Thanks for the additional knowledge!

  • @brendanneufeld9388
    @brendanneufeld9388 Год назад +3

    Another great video! Always great content! Everything is clearly explained! You are the best! :)

  • @vehikoloworkx
    @vehikoloworkx 9 месяцев назад +1

    I always struggle financialy on my salary coz I dont have that much. Thank you Alux for always inspiring me to achieve my financial goals in life.

  • @kaeros5521
    @kaeros5521 Год назад

    Great video Alux. Well done!

  • @raphaeltrinidad9423
    @raphaeltrinidad9423 Год назад

    Someone who is going to take an ESL- English as a second language should listen to this video. Very rich in vocabulary

  • @levey9207
    @levey9207 Год назад

    Great episode. Well done. What was the podcast you recommended?

  • @342josevargas
    @342josevargas Год назад

    What was the name of podcast??

  • @BUSINESSEMPlRE
    @BUSINESSEMPlRE Год назад +1

    Please add caption

  • @AmethysMarz
    @AmethysMarz Год назад +1

    Awesome video! Great info for everyone who wants to change their life!👍

  • @acextensionsinc
    @acextensionsinc Год назад

    2:07 🙏🏼✨🙏🏾

  • @BobF510
    @BobF510 9 месяцев назад +1

    This is a masterpiece of content. I read a similar book that served as an inspiration. "Mastering Money Mindfulness" by Benjamin Hawk

  • @bolanosemanuelm.7607
    @bolanosemanuelm.7607 11 месяцев назад

    can i ask wheres the 2 videos needed to watch before this?

  • @kenthendrix.
    @kenthendrix. Год назад +52

    To achieve greatness, you need to start working towards it. Investing remains the smartest way to prepare for the future. Been into this for 8years and I'm extremely pleased with the good returns.The good news is, it's never too late to start investing.

    • @luis-gabriel1
      @luis-gabriel1 Год назад

      The first step to success is figuring out your goals and risk tolerance - either on your own or with the help of a financial advisor. If you can get the facts about savings and investing with a well detailed plan, you should be able to gain financial security over the years and enjoy the benefits of managing your income.

    • @-Pamela
      @-Pamela Год назад

      Personally i ventured into the stock market so i won't be stranded with the help of an Investment advisor. A colleague of mine introduced me to "Sir Courtney H. Williams ", who drew out investments plans and they all aligned with what i wanted and had to pick one plan and with his exit and entry strategies on commodities, securities and digital assets, my portfolio has really been diversified with good ROI. I am really impressed by how much i have achieved so far with my investment...

    • @linsey.
      @linsey. Год назад

      @@-Pamela that's great, your investment advisor must be really good, I have seen testimonies of people using the help of investment advisors in making them more financially stable. Do you mind sharing more info on how to reach your advisor?

    • @-Pamela
      @-Pamela Год назад

      His available on telegam with the username information below.

    • @-Pamela
      @-Pamela Год назад

      @@linsey. WHCOURTNEY.

  • @randomguyatfarm
    @randomguyatfarm Год назад +1

    This is all in one video. So great

  • @wendychan6195
    @wendychan6195 Год назад

    who was the personal finance podcast you recommended?

  • @FinancialQuotientBooster
    @FinancialQuotientBooster Год назад +2

    Nice video, love how you took your time to educate your viewers. if you learnt something like this comment

  • @justinwilcox8357
    @justinwilcox8357 Год назад

    Can someone please spell the name of that podcast?

  • @georgehowelliii5666
    @georgehowelliii5666 Год назад +3

    Awesome video! Make a video on how to budget and build wealth for the average person, please.

  • @omotayosatuyi252
    @omotayosatuyi252 Год назад +3

    Automating your finances is one of the easy ways to stay on top of paying for necessities like bills

  • @kalel282012
    @kalel282012 Год назад +6

    Been helping my family for 30 years. I’m so glad I stumbled on you guys 2 years ago. I’m learning so much about financial FREEDOM. Now, it’s time to help MYSELF.

  • @JLW667
    @JLW667 Год назад

    18:47
    20:27

  • @channian812
    @channian812 Год назад

    很好的文章,使我增长了知识。👍

  • @Mathew-bp5bm
    @Mathew-bp5bm Год назад +7

    Millionaires are made in crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 2months, and it would really help if you could make a video covering these strategies.

    • @josephlee4001
      @josephlee4001 Год назад

      The strategies are quite rigorous for the regular. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

    • @expertjacksonwilliams7368
      @expertjacksonwilliams7368 Год назад

      I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up

    • @johnrobert4538
      @johnrobert4538 Год назад

      "Jackson Sten Marsh." is the coach that guides me, you ca look him up on the web-site for further verification.

    • @boseayoade3072
      @boseayoade3072 Год назад

      Thank you for this tip. it was easy to find your coach. Did my due diligence on him before engaging his services. He seems proficient considering him résumé.

  • @GreenisYellow
    @GreenisYellow Год назад

    Love the new visual!

  • @jumperj93
    @jumperj93 Год назад +2

    Wish I could repost on YT, this is EXCELLENT information!

  • @moniquecochrum3727
    @moniquecochrum3727 Год назад +61

    I just want to say on the behalf of alot of your RUclips subscribers,I made $100,000 from my new investment…THANK YOU for taking the time out of your day to make these videos and break it down for all of us to understand so that we aren't confused or mislead. Thank you

    • @neall124
      @neall124 Год назад +1

      That’s cool

    • @gypsyhendrix1237
      @gypsyhendrix1237 Год назад +6

      I quite agree with you Monique because It is very rare that he always Comes along and gives this much info right down the middle. I’ll say that I’m also a beneficiary of this channel after I started an investment with Ms Tonia. I made a $13,950 of my $1500 investment, I can also recommend anyone to her. Thanks.

    • @helensteve7962
      @helensteve7962 Год назад +1

      I did not know anything about finance or how interest rate/inflation affect the stock market. I've learned a lot after watching just some videos, so decide to start up an investment as well.

    • @anthoniobryan5805
      @anthoniobryan5805 Год назад +2

      @@helensteve7962 Literally, Everyone needs more than their salary to be financially stable. We should be thankful and really appreciate so many people that tries to put smiles on others face. Just did my first withdraw off a $3000 start up plan.

    • @aloypascal2799
      @aloypascal2799 Год назад +1

      @@gypsyhendrix1237 please how do I find her? 🙏

  • @josephdaoud5868
    @josephdaoud5868 Год назад

    At around 9 mins in, it kinda feels like Alux went out of their way to use big words. Not sure why. 🤔
    Good content though!

  • @pauljackson171
    @pauljackson171 Год назад

    2:30 to add on, these periods, when most all are scared & flee, leaves most all outstanding opportunities up for grabs, & those w/ a dog mentality & prowess take them.
    The landscape rebalances & opportunities proceed to show up in times of peace, but you compete with the majority then.

  • @Aditya-vw8xy
    @Aditya-vw8xy Год назад

    Sounds like chat gpt 🤔 But great content always!

  • @javaidak4204
    @javaidak4204 Год назад +2

    Useful 👍❤

  • @WealthbuilderzTV
    @WealthbuilderzTV Год назад +2

    Always enlightening videos. Alux is like a rich cousin that teaches you everything without doing it for you.

  • @vidok8087
    @vidok8087 Год назад

    Which gamified learning apps do you use?

  • @osher2513
    @osher2513 Год назад

    AI& the metrix do video on this topic

  • @fuunnymoments
    @fuunnymoments 9 месяцев назад +1

    generally super! Now I'm in a great mood for the whole day! thank you!:)

  • @MuhammadAli-iy4qn
    @MuhammadAli-iy4qn Год назад

    pls turn bgm little bit down

  • @preciousowubodkiari998
    @preciousowubodkiari998 Год назад +1

    Nice video, how i wish i had this knowledge earlier i would have gone far in investment. Thanks for enlightenment

  • @SajjadKhan-dt3yr
    @SajjadKhan-dt3yr Год назад

    Amazing vedio

  • @aaliaelamin4387
    @aaliaelamin4387 11 месяцев назад +1

    I’m still struggling to stay frugal and have savings. I don’t even own a single property and trying hard to get OOD within 3-5 yrs. @Alux, could you make a video on maybe saving up for property?

  • @heyven779
    @heyven779 Год назад

    Please make a video on how your video is made... 🙏

  • @vipuldesai7251
    @vipuldesai7251 Год назад

    Thanks for information

  • @user-mo9jl9xn3z
    @user-mo9jl9xn3z 11 месяцев назад

    Really enjoyed it 29:29

  • @hussainshahid5
    @hussainshahid5 Год назад +7

    I am always grateful to you Alux and team.😊😊😊❤❤

  • @shaheemjackson283
    @shaheemjackson283 Год назад +2

    Q.O.T.D: It's the jargon that I struggle with. Some of the practical concepts like investing, saving and the different tools are pretty straight forward, but my lack of financial literacy from the past is making the jargon a challenge to comprehend. I'll get it tho 🙌🏿

  • @Cristian_M_
    @Cristian_M_ 9 месяцев назад +16

    Wealth is built in both bull or bear market and also wealth transfers from the impatient to the patient. One of the best ways to succeed in crypto is by trading your assets with a good strategy....

    • @geralyncainglet2626
      @geralyncainglet2626 9 месяцев назад

      I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me

    • @Brookeinda
      @Brookeinda 9 месяцев назад

      Wow, really. I was able to make my $25k on investment

    • @aprilclaudette2057
      @aprilclaudette2057 9 месяцев назад

      ​@@geralyncainglet2626I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings

    • @aaronferrell3129
      @aaronferrell3129 9 месяцев назад

      Assets that can make you rich
      *FX
      *Btcoin
      *Stocks
      *Gold
      *Real estate

    • @Bireshprema
      @Bireshprema 9 месяцев назад

      You’re right but a lot of people remain poor due to ignorance

  • @lanka8786
    @lanka8786 Год назад +1

    ALUX delivers❤

  • @AndresMartinez-hp4pl
    @AndresMartinez-hp4pl Год назад

    understanding

  • @WowThingsThrift
    @WowThingsThrift Год назад

    Great video✌️

  • @cobrafinancialsolutions1039
    @cobrafinancialsolutions1039 Год назад

    Great video!

  • @eazygaming3248
    @eazygaming3248 9 месяцев назад

    21:00

  • @roseystroup
    @roseystroup Год назад +1

    This is very educational

  • @kamranrai2189
    @kamranrai2189 Год назад +3

    Love this. Thank you Alux!! Great job 💙

  • @aarunanthambiayah8173
    @aarunanthambiayah8173 Год назад

    Exceptional video ❤ it

  • @ehuric
    @ehuric Год назад +1

    Why are your Words so FANCYYYY noww? Been an aluxer for 7 years and I noticed something's different about this video. Did you hire a new writer? Or are you using AI to write/ improve your scripts 'cause it's using too many fancy words that takes time for some people to understand. English is prolly my 3rd language so these synonyms make me feel uneasy. Don't get me wrong the video is highly informative as usual it's just we're not used to this kind of writing style.

  • @sumam6385
    @sumam6385 Год назад +14

    Can you make a video what is matrix ?

  • @netfort6315
    @netfort6315 9 месяцев назад +2

    I'm seeking professional guidance to enhance my Financial IQ and optimize my assets due to ongoing financial struggles. so Thanks for this valuable insight

  • @OliviaAngelova
    @OliviaAngelova 2 месяца назад +17

    Start today, reap tomorrow. Every small investment is a step towards your mountain of dreams. Keep this in mind as you embark on your investment journey. Every step counts!

    • @EdenOliveira.
      @EdenOliveira. 2 месяца назад

      Stay focused, stay disciplined, and stay patient. Good investments take time to grow.

    • @AlanJuan52
      @AlanJuan52 2 месяца назад

      Recently, I've been researching advisors. I recently started trading, but it has never been profitable for me; I have incurred significant losses. Please do you have any reputable recommendation?

    • @LopezJohander
      @LopezJohander 2 месяца назад

      Meet Tyler Dav FX: a seasoned trader and trusted advisor whose keen market insights and strategic foresight have consistently outpaced the trends. Tyler Dav FX extensive experience and disciplined approach to trading have not only yielded impressive returns but also earned the unwavering trust of his clients.

    • @HannahMegan-uf3sh
      @HannahMegan-uf3sh 2 месяца назад

      @@LopezJohanderSure With Tyler Dav FX guidance, investors navigate the complexities of the financial world with confidence, secure in the knowledge that they are supported by expertise that transforms market challenges into opportunities for growth.

    • @GraceAmber369
      @GraceAmber369 2 месяца назад

      Tyler’s concept is key in beating all odds to excel in this form of online commodity trading.

  • @somerandomfella
    @somerandomfella Год назад +2

    I'm definitely on Zero Based Budgeting. By the end of the week I have ZERO 😭😭😭

  • @rodneypate1693
    @rodneypate1693 Год назад +7

    Love the content in this great video. Especially the use of your vocabulary. Incredible ❤

  • @MuhammadAli-iy4qn
    @MuhammadAli-iy4qn Год назад +2

    no bonus tip😩

  • @nitinKumar-wk5mk
    @nitinKumar-wk5mk Год назад +2

    This, is by far the most engaging video that I have ever seen in last few years. I intend to watch this again a few times....

  • @daytradingking1210
    @daytradingking1210 10 месяцев назад +2

    Once you getting the hang of saving it becomes easy but starting is a struggle 😭

  • @azukaabrahamnduka5242
    @azukaabrahamnduka5242 Год назад

    I like the acronyms FIRE