The Secret to Building Wealth Fast: Asymmetric Risk
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- Опубликовано: 10 май 2024
- Wanna get rich quick: embrace ASYMMETRIC RISK
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In this Alux.com video we will be answering the following questions:
What is the asymmetric risk?
How do rich people get rich fast?
How to invest money?
How to take risk
00:00 - Intro
00:28 - Asymmetric risks or asymmetric opportunities
02:57 - Digital products.
04:51 - Asymmetric opportunities are wildly available.
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Thanks for the continuous great videos,....I feel those who would allow the market dynamism to determine when to trade or not are either new in space in general or probably jut naive, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I'd say that more emphasis should be put into trading, since it's way profitable than holding, Trading went smooth for me as I was able to arise over 6 btc when I started at 1.5btc in just 5 weeks implementing trades with signals and insights from Franklin Harper, I would advised y'all to trade your assets rather than hold for future you aren't sure about.
Would be nice to follow his instructions, where can I find him? Telegram?
@@collinsjames999 yes with his full name….just search his full name and you will find him
I also want more genuine and smart ways to invest this year
@@rajeshupadhyay5683
I'll suggest you reach out to Vivian Klaine Morgan , she's a real investment prodigy and has handled my trades for over 9 months now
This is fascinating to hear that someone here employ madam Vivian's services. She has been managing my investment
Passive income is quite possibly one of the most important and central ways that the rich get richer. retired and receiving about $55k in dividends, you might think that the govt gives a s*it about your financial life but that's one of the biggest lies ever told. you need to invest smartly, if you need the good things of life, mutual funds takes long time but investing smartly is the key for short term. invest wisely people
Great content, everyone needs more than there basic salary to be financially secured. The best thing to do with your money is to invest. Money left in savings always end up used with no returns
@Tony Metzger My portfolio is very much diversified so it's not like i have a particular fund i invest in. plus i don't do that by myself i was guided by an investment adviser, Suilian Mai Wilson, I can correctly say she's worth her salt as a financial adviser as her diversification skills are top notch/ I say because i see that in her results as my portfolio grows by averages of 10 to 15% on a monthly basis, unlike i can say for my IRA which has just been trudging along. my portfolio just mirrors what she trades and not just on some particular industries of my choosing
It's a sick game but you learn to play or stay poor for life. I hate that companies only provide 401k in stock markets that crash every 5-10-15 years.This just steals so much of hard working peoples life savings and it's disgusing. I hate it but you either understand the machine or you are just numb to it when it happens.
@@waynespears1327 Are you giving her your money or the money stays in your account? I have heard about copying trades but have not looked into it but i have an idea of what it is
@@coffmanleonel6227 Yea exactly, can't give anyone my money it stays right in my account. my account just mirrors her trades in realtime. it's relatively much easier to set up and connect my accounts than creating a financial pan and drafting investment strategies myself
The new style of motivational video, is very effective at inducing realization through THOROUGH analysis of a specific factor. Meanwhile, the old style is great for providing an overview (which is extremely helpful for those who are already accepting of the single narrative's point, as well as for those who have a short attention span). Most likely, each of those styles successfully gets through to the type of mentality that is susceptible to it. And I love both. But in addition, I would be delighted to see the old style of 15 things being addressed, FOLLOWED BY a series of individual videos, which each gives (the new style of) thorough analysis, for a different one of the previously addressed 15 things. We future decillionaires, love thorough understanding of everything.
Superb Analytics 🤯🤯
Hi Aluxers and Alex-team! I barely comment on RUclips for the sake of saving my own time and for avoiding dumb arguments in the comment section. Nonetheless I would really like to thank Alex for all their hard work and sharing of really beneficial insights. You present the content in a matter-of-fact way and yet positive attitude without BS. And certainly not in some airy fairy lofty happy hippie tree-hugging way, where you get rich by sending wishes to the universe - which does not work anyway. You are the real deal!
BTW: OLD AND NEW. Depends on the topic and how deep you wanna go into it. For explaining asymmetric risk, I liked the NEW way. Sometimes the OLD way can make sense. Be electric and alternate :-)
I honestly have to say the “NEW WAY” for the Sunday Motivational Video. Having one topic as the main focus works BEST for Sunday’s.
I will forever appreciate this channel, you've helped me knowledge wise with advice lessons on knowing more about Crypto and since we're all rich with bitcoins... we ought to put some of this unearned wealth to good use.
@@smithjames5099 can share some tips that helped me,
1. Plan towards it
2. Be minimal on spending
3. Save money wisely towards retirement 4. Save to invest, it's a proven way to get richer.
Please don't want to remain out of ignorance
There are lots of options (real estate, stocks, gold silver, crypto, Airbnb, ETFS)
I have had no luck investing in cryptocurrency,I actually invest on my own but my profit aren't always as I expect, sometimes I just keep loosing money
@@stevedowning9610 it's all about a legit guidance on more about Crypto than buying and selling, my expert made me realize that much work is required for good earning
I was one of the unlucky ones who lost everything through asymmetric risk. Imagine being in 7 wrong places all at the wrong times and losing all you have, and then some. That is why EXPERIENCE and EDUCATION are key. Form your circle of trustworthy people with credible track records, and treat each factor as an ingredient in your chemistry set, where you have to be extremely precise and accurate.
With that said, I prefer the NEW style of motivational videos. I've seen enough of the old ones to understand what I should do, but deep dives are especially helpful. Think about what it would be like to hear intricate details about one step - you might learn something valuable that you would not have gained from a brief overview.
Hey Alux, as one of your first loyal students, I strongly suggest that you also keep the OLD or “15 Things” format. Perhaps alternating OLD and NEW format would be best. As much as this new narrative format is more focused, in-depth, and informative, there's something about the OLD, 15 Things that we've all fell in love with. For one, it's simple. That content is easier to keep in mind and it's also more convenient to recall should one require to revisit that particular topic. Also, it's comprehensive. With 15 things mentioned about a particular topic, it's hard to miss something that's important or relevant whereas with the narrative, you only focus on discussing and dissecting a point and are likely to miss some factors that may be involved. I know there are a lot of things to consider but please keep the OLD format. I'm already missing it so badly this early!
Both formats are good; depends on the message that you want to share one or the other can fit the best
Keep the good job!
I agree. The fact that you set up this video in the previous video made me super keen to watch this video. Perhaps what your team needs to do is find a balance for both formats. Perhaps 1 sunday a month is suitable for new then the rest is old.
i personally like both, i like the lists because if there is something on the list i didnt know about i can do my own research on it. i also like the individual topic videos because its a bit more indepth. thank you guys for the videos much appreciated.
*When you invest, you’re buying a day that you don’t have to work. Show me a man without investment and I will tell you how long it takes to go bankrupt. I pray everyone reading this becomes successful.*
I totally agree with you, the crypto market is the most profitable venture I ever invest in.
I reached my goal of $500k yearly trade earnings. Setting realistic goals is an essential part of trading
Investing in stock is a good idea, a good trading system would put you through many days of success
Most intelligent word I’ve heard
I’m a huge fan of crypto, I hold few coins in my wallet.
Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for.
Very true
A great work demands a great sacrifice and who is not capable of a great sacrifice is not capable of a great work"
Speaking of investment, I have been finding a tough time deciding between mutual funds, real estate, and crypto investment, anyone with ideas to help me with?
@@benildabituin1531 I'm into real estate investing.
Real estate lets people grow their net worth by amassing more and more properties. Its a good long term investment idea due to appreciation.
NEW! I always love and appreciate your content with the "15 ways to..." but I get a lot more from the content that goes deep on 1 subject. Like this one. Thank you! Love this format.
It prefer the new format. I find it more helpful to focus a narrative at a time. Of course, list of things has its place. Thanks Alux!
Thanks dear! Do you have a question?
I like the old way. I look forward to the Sunday videos and treat them like a mini class. I enjoy taking notes and having a list of take aways that become "to-do's". Either way you decide to go, I thank you from the bottom of my heart for the wisdom I have gathered and look forward to continually learning!
🤐🙏🏾🚀🔥
Building wealth involves developing good habits like
regularly putting money away in intervals for solid
investments. The stock market has plenty of
opportunities to earn which I myself took advantage of.
I made my first million from going diverse, mainly
ETFs(stocks, bonds etc), crypto, and gold. I'm also
working on an investment plan that includes NFTs with
my advisor,Kelvin Maorgan. It's been a year and half
of steady growth.
crypto investment can be profitable and lucrative when it is approached as a business, but achieving a level of success is extremely difficult and can take a long time. It's a good idea to fine an expert of this form of investment prior to getting started with forex. As you can see, the crypto market is open and operates 24 hours a day and almost seven days a week.
@@terfastarik9698 true, finding a good expert to handle ones investment in crypto is the most important part of it, without good expert or experience one tends to lose all there investment even before the get started
@@franknedu1957 It's very confusing seeing so many people talk about the profits the make from there investment in crypto while I keep dipping from on win to a bigger loss
True, it's actually a confusing thing to me why people don't invest in crypto today considering it's potential
@@alexgorham7464 crypto investment can be profitable and lucrative also can be a loss it all depends on how you approach the market
Old way for sundays and for weekdays single concept in depth ! Thank you !!
Do you have a question?
X2
It is true that writing an ebook has given clout and recognition, beyond expectations. The majority of respondents said that they appreciated the Blockchain For Busy Executives ebook. It was also followed by a four week training series.
Moving forward, I am updating and adding a monetization strategy in 2022.
Thank to Alux for encouraging us via this video.
I believe a mixture of both is suitable especially because some topics and concepts/tips might need a bit more focus that others, like this topic: Asymmetric risk, for example versus a concept or list like: " 15 Steps to become a billionaire....... Complex or fairly difficult concepts could be explored as single video and tips, guides and methods could be done in a list formate where you just introduce the elements: " 15....... "
Both.
Not to sit on the fence but I just love your channel and think it helps to mix things up once in a while. The change is good and it left me hungry for more, where as the 15-1 I felt like I had my fill for the day but wanted to come back again tomorrow.
Hope that makes sense?
Thank you for all the great work you do and sharing the knowledge and financial secrets.
Your channel has help me on a massive scale.
Stay blessed
RDS 💖
Only one kind might drain, or, cause a logjam. Both cancel production. Keep your options open. Whatever sustains the production flow. Be flexible.
The old form of videos were better, where the each of the points were discussed in much more detail
I was wondering the same thing. I wonder if it depends on the persons position in life or what they are trying to do.
NEW! The fact that you delve into a single topic brings more clarity to the concept. Thanks.
Absolutely love the new method of looking at and focusing on specific ideas or topics… If I were to suggest one thing is to share examples (with disclaimers, of course!) keep up the great content and Thank you
Remember that no matter how much experienced you are in investing in stocks , crypto or real estate , diversify across a handful number of assets for more.
Absolutely, crypto is not for everyone, and investing all of your assets in it is dangerous
Very true. Now the question is in what and what percentages?
Warren Buffet would disagree with you.
@@HumptyMcFly
Well , yes , if you know about stocks and businesses or industries , invest in them like Ecommerce companies, or electric car companies or in Microsoft whatever you have faith in after doing also your research and buying good companies at a fair price ( buying undervalued companies especially at market corrections as in 2020 during lockdown ) .
But , overdiversifying in index funds like s&p 500 , or the Japanese index funds like Nikkei or the German index Funds is recommended if you do not know much about them and you do not know what you are doing. ( especially inexperienced people ...)
Diversity is key for many. Especially, when one is beginning.
Love the work Alux is doing. New style is good but 15 things were better because we get the dot points to action
NEW - I've always wondered if something had less than 15 or more than 15 what did you do? Shrink it to 15 or pad it up to 15... That to me is not only stressful but you're doing us a disservice by eliminating or padding... That's just my 2 cents. But I look forward to all your videos, keep them coming. Thank you, thank you, and thank you.
i actually really like the idea of tackling one topic and one focus at a time because that means you can really take the time to dwell in that topic fully without covering a huge broad area of various topics just broadly . i like this style of video alot
To the *incredible person* seeing this, I wish you all the best in life❤ don't over blame yourself, accept things and go forward. Don't let others define what “success” is for you. Get up, learn the skills needed and get after it, all the keys to a happy life is in your hands. Keep pushing.
You're an incredible person...I wish you the best in life as well 🙏
That is only the thing gives the shape to us
@@koffworld7857 ❤️
Single in-depth narrative is better.
What's important is exclusive content, not things we can find in every 70's "get rich" book.
Love the new content! There was nothing wrong with the old content, but it is time to innovate!
Thank you, Alux!
THE BEST DECISION I EVER MADE IN MY LIFE WAS
INVESTING IN FINANCIAL MARKET. TRUST ME GUYS, IT
PAYS!
You are right, to be a successful person in life requires
him or her of hard work and time
Exactly, at the moment bitcoin is the best and profitable coin to buy and invest in.
Crypto trading is very profitable when you trade well.
Many of us don't know where to invest our money so we
invest it in wrong places and to the wrong people
@Kimberly Lien The only safe reliable,genuine and highly experienced expert I can refer you to is Mrs Pamela Morgan
Both please. Maybe a split of the both. Thank you for these videos they have been life changing.
A mixture would be best.
Thank you for sharing the secret and be in good health everyone....
The best decision I ever made in my life was investing in the crypto market. Trust me guys, it really pays a lot! 😊
How does this crypto stuff really works and how do I make good profit from it? I'm willing to invest in it but I need guidance so I don't lose out.
I would suggest you first get started with a pro trader who will handle all your trades
Do you have an idea of any good trader I can start with that's trust worthy?
I would recommend my current trader Mr Brian Davis. He is currently earning a lot of profit for me and his services are top notch
Wow, i'm shocked you mentioned Mr Brian Davis, he is also my current trader and he earns 10,500$ for me weekly
I personally prefer the 15 reasons. Just given the focus points followed by a detailed description. Each time you here the “NUMBER X”, I feel it’s brings the audiences attention back to the video for those who’s minds may wonder or the person is listening while doing multiple tasks (getting kids ready, making breakfast, working out, etc)
You guys continue to make me look at things differently. Every time I watch your videos.
Post both NEW & OLD alternatively, coz both have different advantages. Thanks a bunch for the life-changing information!
I like the old ones because the area by numbers.
I like the new way, focusing on one topic is good for the details and the 15 things is like an action plan or good for deciding what to focus on. Thank you for the value you provide!
Love the new format. Helps concentrate on one thing, instead of 15 going in one ear and out the other.
I like them both, but due to my own struggle with focusing on one thing the new way suits me better. Thank you so much!
I love the NEW style Alux. Thanks again for an amazing explanation.
The old one is also good, but its best use is to lightly touch on many topics.
NEW great content as always Alux...i totally love the old style but the new style is better, it allows us to get deep knowledge and understanding on each topic respectively
Damn! This helped.
I liked the Numbering style...it's just give as clear idea to define the importance of each and every point
To me, both are excellent. I believe you can do both. When a topic needs to be discussed in depth, it should done the new way. When you're discussing the 15 things, the old way works just fine. It really depends on the focus of the topic at hand and as always, you'll keep giving our bonus. {OLD and NEW}
Both styles are good - I learn more from the old style but I can see why this style helps to make more thorough points. Maybe do a 15 point video one week and a focus point video the next week??
This is a clever video. Something to think about. Thank you Alux
I like both, the NEW and OLD. Just keep making them! Thanks
New and old! In some cases it's great to have a list of things, while other times when the subject is big I think having the time to examine it further is great.
This is, singlehandedly, the most useful piece of content by Alux since ages.
I like both formats. You should do two Sunday videos, one in each style, every week. Sounds like a good solution to me.
AGREED! Diversify your sundays!
“NEW” long time subscriber… this content is much better, shorter, and straight to the point!
New AND old, I think we can all agree both styles are amazing and highly knowledgeable!
I like BOTH the NEW and the OLD. Just keep making videos please. I am trying on the asymmetric risk, but haven't hit a motherload yet.
Narrative or numbered lista are good, as long as you keep updating this valuable information for everyone. Thanks.
'New' is better.
Thanks for motivating alux.🔥🔥
Thank You for all you share Alux Team. I love the old however the new I absolutely prefer. Great info. May we all be blessed abundantly. 🌎🌍🙏
Yet another amazing video by Alux, thanks a lot for these valuable information.
for me using the old (15 ways..etc) or new method doesn't make a difference asf looking as you keep providing us with these useful lessons and tips.
New
Though old was also very good.
But would rather explore one element in more detail as it goes with the maxim pick something and do it well, then move onto something else.
I really like this new format, it gives you the time to explain things a little better. Also you could just shorten the list to top 3 or top 5 depending on how long they take to explain/detail.
NEW!.
Thank you all so much, for doing the research and sharing your knowledge with us. 🙏
Blessings to you all.
New and thanks Alux! Your level of consistency is simply outstanding😀
2 years almost 3 into alux…the changes are evident in my life
New New New. It’s easier focusing on one of the ideas and implementing steps to achieving that, over the list which gives a lot of great ideas but sort of confuses you on where to even start.
I like the new one, and I think that you can shift between two formats depending on the subject.
Both. Thank you for the content, both deliveries kept my attention and opened my mind to make strides in my personal growth.
[1] Taking asymmetrical risks is a very valuable concept. What is important is the appropriate planning, preparation, budgeting, learning, and financial base. E.g., saving to have a strong emergency-fund will set you free to take on more risks, calculated risks, versus those who are heavily in debt, have only one income, and/or low/no savings. No debt = no risk of bankruptcy, repossession, or sleepless nights over financial fears or worries.
I like this new style of content. I like deep dives into a topic. Great video!
New So very grateful for what you folks are doing! I am sharing this with my teenage kids and young adults. you guys are like a fast track and give the truth about how to get ahead in life, where as our parents always told us to never take risk. Better to get it now at 45 then to never get it at all!
Both are helpful. Try alternating every week. My take....
You can do both but i think for the Sunday video you should the old, LONG videos were you explain in detail. Sunday is for maximum knowledge absorption and 10mins just didn't cut it... It is helpful though
New. It is more helpful to focus on one concept in depth and gives different examples of where it applies than list a bunch of concepts that are more likely to go in one ear and out the other one.
Alux keeps pushing the boundaries of providing eye opening content in a succinct manner. Thank you AluxTeam!!! I would say keep both, with a 70 by 30 ratio. With 70 ratio for Narrative ones and 30 for the list
I like both types of content - old and new. Each offers unique but informative content especially to a starter like me. Thanks.
New format delves deeper into a certain topic giving you over 15 nuggets of golden knowledge anyways so I really like it more.
hey Alux, I watch your videos regularly and yes you guys do give great information. But if you don't mind me asking , what were you doing at 18 years old? Were you lost trying to find your niche ? Or were you already well off ? If you were well off what did you do to reach that point because I am lost in life.
“New”
I think focusing on one great topic like this will give the audience more ideas on how to execute it properly.
Both are highly effective I think a hybrid version of the two depending on the subject
LOVING IT!! Get started...step by step. Just remember, it will take time and you will fall. Fall forward.
There is NO FAIL unless you quit!
Can't ever quit. Do have to control stress though, etc. Can't let your passive income kill you in the process.
Old is the preferred content in my book . Thank you alux lady and live long and prosper
I loved the OLD "15 things", however the "NEW" gives you more understanding of a single topic. So, I prefer the "NEW".
Both - I enjoy the focus on one narrative at a time (new) but it depends on the topic. The old has its benefits I get really engaged when Alux provides the list of items, locations, assets for the topic de jour so, i can do my own analysis or search.
I really don't have a preference. Your info is top shelf for me. Just don't stop! Much love to Alux family. Shalom
[3] Always have a THICK cushion to land softly from high attempts. No point in breaking bones (or pride) for the sake of a momentary bet or thrill.....or losing your life or your health by overdoing life in the fast lane. Be swift and agile but always from a timeless core of values, principles, and character. Do what is good for the long term: e.g., health, sleep-quality, nutrition, daily walking, fresh air, growing at least some of what you eat, self-development, spiritual growth, long-term relationships/friendships. You will reap what you sow!
I prefer old, with the occasion new style. Maybe once a quarter something like this, but the numerical system works for a week on week basis.
It’s been a while watching your videos and incorporating them in real life, absolutely love it.
But I am expecting some more complicated topics such as how to deal with toxic people in career and life, or say how and why people go from being at peak to bottom in career and how they can prevent it !
So true. I put my life savings ($30k) into AMC stock when it was $8. It shot up to $72 last year and I was sitting on $250K. Never seen that much in my life!
that is so cool. How long ago did you made that investment and what did you did after getting 250k?
Soooo nice!!
I really do like the new format. It helps to center the focus on a singular thing that can be put into action immediately
NEW is better in my opinion. But there is room for the OLD format, maybe as a summary each quarter of the things you covered?
Thanks Alux for always putting out great and motivational content. These snippets of content really help me to focus on why I'm doing the things I'm doing (investments)
15 things is a little more structured and easy to follow, but your content is always amazing.
2022 January crypto price now should be in every wise individuals list, in some weekly time you'll be ecstatic with the decision you made today: great job.
Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.
I got 80% of my total portfolio in Crypto and it has be great returns
Stocks are good but crypto is more profitable
@Richard ScottThat won't bother you if you trade with a professional like Expert helen Davis
@Carlos benYeah my first investment with Mrs helen Davis earned me profit of over $25,530 US dollars ever since then she has been delivering
Her stories are everywhere 😱
Good vid!
OLD: Because I can generally focus in on a particular point (The 1 of 15) that catches my interest..!! But I do appreciate the new style..!!
New! New! New!
In retrospect, the list format made me feel like if my childhood class was in session. Nothing was wrong with that, I learnt (and implemented) A LOT, but I am an Adult and I appreciate these conversational, deep dives into topics.
Love the single narrative. Allows you to go more in depth with relatable examples.
New. I like the fact that we get a more detailed preview into a specific topic.
Both formats are informative 😊
Investing in bitcoin is the best investment anyone can do this, because it has made a lot of people millionaire. I pray that anyone who reads this will be successful in life
I'm really tired of trading on my own and blowing up my account, I'm real interested in trading forex this year because the shape the stock market is take place
I'm also getting into forex trading because a friend of mine told me that's forex trading is the best now to invest, well i have Bitcoin worth of $19,000 on my edge wallet
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▆ ▇ █ ＋１❷５❸❺２❼ʘ➈➃4
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Greetings from Canada, I have seen her reviews in different platforms she most be a genius then😍