How do we REALLY increase investment?
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- Опубликовано: 30 сен 2024
- Are investments from rich people helping our economy to grow?
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Performed by Gary Stevenson
@garyseconomics
As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, etfs etc It is important to seek the advice of an expert.
Review your portfolio with a professional and don't make the same mistakes again. Diversify, as in your stock portfolio, and hopefully consult a professional. The key to building wealth is long term. I learned 30 years ago that you have to keep emotions (rookie) out of your investment decisions at all cost. Now, i've made over 800k in profits from my 350k investment.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?
'Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
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.
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over. This is for stock holders.
Unfortunately, most people don't get this, the majority is after chasing tops/bottoms where they fail & get out of the game. Therefore, in the current bear market, we should pay more attention to the risk rate of the market. We must control the risk to a minimum and improve earnings. It is best not to blindly enter the market.
You can't really know the full risk rate except you are a professional. Reason I settled for advisory and guide from a stock. Never been the same again with my holdings
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?
Sharon Marissa Wolfe is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.
This reference seems valid.. Just looked up her full name on my browser and found her webpage without sweat, over 15 years of experience is certainly striking! very much appreciate this.
""If you just focus on growth without focusing on distribution all you do is advance towards slavery at a faster rate." Nailed it.
I guess neither you nor Gary himself understood the whole depth of stupidity of this sentence! 😂
@@SK-vg3mwexplain how it’s stupid. It seems perfectly logically consistent.
@@SK-vg3mwI’m with @perrymason866 Please enlighten us, oh wise one, because that’s the part that resonates most with me, too.
Do show us the folly of our ways.
And it's been happening since the 80s
@@perrymason866 You already paying 30% of your many to taxes and every year you pay more. Does it feels your life getting any better because of that? Imposing tax on rich, you will only lose rich, and remain paying taxes yourself, as gov never lower their expenses! You have to compete for the rich to come to UK not alienate them to leave! Also putting even a draconian taxes will yield in pennies for the government. 3 largest companies Microsoft, Nvidia, Apple worth 10 trillion together, that’s how much US gov spends in just 4 years, UK not much different! How much you think you gonna get by taxing rich ?
To those suggesting Gary should go into politics. No he shouldn't. We don't need everyone who has the credibility and experience to debunk existing economic policies to do so, he's relaying these significant conclusions to everyone and it's up to us to elect and pressure the right people to implement these ideas in Policy. It's up to us to hold our elected political representatives to account, we can all do our bit, the way Gary is doing his.
It’s the same with Mick Lynch, every time I see videos of Mick speaking truth to power I look at the comments section and there’s always someone championing him for prime minister. Instead we should collectively get behind the Gary’s and Mick’s of the world and push forward their ideas and narratives to the wider public.
You're right. Politics sucks the energy and power out of ideas and prevents action... Being a politician means fitting into a matrix that's designed to change NOTHING.
What's needed is a popular national movement that everyone, literally everyone and ANYONE, no matter how rich or poor they are, can immediately see the value of, and how to get involved with, where they as individuals can have their own agency and power within it, where we can all be part of the change we want to see in the world TOGETHER without politics without capitalists taking ANY of the profits. A bit like Community Wind Farms generating energy which makes profit and returns it to thousands of individuals who TOGETHER own the windmills and the land and the means of production. There's no super rich people involved, they aren't needed, they aren't part of the solution.
What I'm proposing is a People's Pub Partnership. Putting pubs at the heart of the community.
@@DanielEdwards- I agree, these are the sorts of people that should be ministers or advisors to the PM and cabinet. I have long been an exponent of reducing the number of MP's, vastly increasing their pay but limit them to the job at hand and only that. Not allowed to have conflicts of interest and MUST be qualified to work in industry at a level of equivalency that the Minster / Advisor role would require.
@@shadowofmyfutureselfpolitics would be very different if people like Gary and Lynch are in there at the same time in positions of decision making.
Also a reason why politician should have certain quotas for "what is their experience in the real world and training".
Too many lawyers and hustlers are being votes for.
Need more engineers, statisticians, Lynch's and so on.
And a mandatory psych test to weed out the sociopaths, psychopaths and narcissists.
People forget democracy only works if you get capable people in.
Otherwise a country can just go for a philosopher king.
It will be interesting to see what Torsten Bell does with labour. I heard him mention inequality being a major problem.
Gary drops these videos on Sunday mornings like a sermon from a pastor 😂 I'm a British-Ghanaian, and Ghana is horrendously unequal, poor, and the real estate sector is booming. The apartments being built are small in comparison to traditional Ghanaian homes, and start at $50k. Increasingly, the home owners in Accra are diasporans like my family, renting to local people, who are totally priced out. My relatives went to Ghana to work for think-tanks and paid nothing in Ghanaian income tax. Nothing works in Ghana, nothing. Even with an income of £40-50k, you're struggling for everything, because the infrastructure is awful. No water for days on end, you rely on a poly tank. You need a generator for electricity. My sister was electrocuted because there was a surge in the local grid that is poorly maintained. There's no proper road in many places. British people today have no idea what awaits them if they allow inequality to cannibalise their economy.
Not to mention the rampant corruption. That’s the price of creating a society in which everyone struggles - people have to do whatever they can to make ends meet
@@crayontom9687 The corruption is self-fulfilling. It fails to create a tax system on the wealthy and foreign corporations, it sells off public wealth to the rich, and so you have to pay bribes to get anything administered. That's more money ordinary people don't have. The entire public asset list is funded by loans, the contracts for investment into it, are stolen away by the governing class, leaving holes in infrastructure or a bribe for access system. Huge gobs of IMF loans sit in Swiss bank accounts. It's starting to happen in the UK as well. COVID corruption scandal with PPE etc.
@@crayontom9687corruption is rampant everywhere, not just African.
Bring 3rd world to uk and it becomes a rubbish tip.
Terrifying prospect, we are already seeing that downward spiral of economic hopelessness.
I was advised 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 but don't know where to start.
I thought about investing in the financial market, I heard that people make millions if they know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it.
Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 40, I am thrilled to share that my passive income exceeded $100k in a single year for the first time. This success reinforces the importance of the advicmonth e mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.
Fantastic! Can you share more details?
was guided tho..Julia Hope Marble. walked me through the ropes majestically i'ts my ultimate pleasure.
I’m not confident we will be able to convince the rich to tax themselves. Unfortunately, rarely does revolutionary change occur without a revolution.
Revolution or things will get worse. Not everyone realises how bad things are gonna get. People need to unite and stop falling for race and class dividing tricks.
According to R2's calculations the probability of the rich taxing the rich is 0.00000001 😔
People need to stop bickering and unite to fight those who are hoarding money, assets, land and hate the poor.
You cant make an omelette without cracking a few eggs
true, greed is a hardwired in our brains though evolution
Always look forward to these, to the point where I know they come out at exactly 9am on a Sunday 😂
So many bots saying people are to blame. Typical gaslighting by media, greedy and corrupt.
Got in at AMS27T at $1 but will be holding it till $50. Even at that price market cap is reasonable for its tech.
Thanks for translating this stuff for us Gary. Everyone needs to subscribe, like and add their comments. Share this content with your networks on facebook, Insta, X. We need to cut through the mainstream establishment BS and educate ourselves.
Some years ago (long before covid) the ECB did a study asking business owners what where their problems. Unanimously, the answer was "not enough demand". And it's not that hard to understand, you could even say it's common sense. And what hit me is that nobody cared and politicians just acted like the study never existed: government continued to cut on spendings, to destroy whatever right the worker still had, and basically did everything that hurt demand even further.
That last line should be on a t-shirt ' Tax the rich more, tax working people less and, save the ... future !', thanks Gary : )
This should be something. Profits should be going to educate people more.
Do it! I'll buy one.
@@corvus1238 Gary's merch' I would buy 2
Better yet. Tax everyone less.
@@bobhill4364 1/10, please review material before submitting homework.
We’ve had Thatcherism since 1979 which serves the interests of the (mainly overseas) wealthy. The problem with Thatcherism is that you eventually run out of assets to sell to overseas investors so that they can rip off British consumers.
Just read your book Gary, sounds a bit cliche but it's actually life changing. One of my favourite books now!
I’ve been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow, considering all the inflation, into something substantial that I might use for retirement. I’m just here for ideas
At a point like this, its best recommended you seek the services of an advisor, as this allows you make smarter investing decisions.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.
*Sharon Lynne Hart* is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
I heard Gates and Buffet say effectively the same thing a few years back, following the 2008 crisis. But this is a better, more detailed explanation. Good work mate.
Imagine if we collectively used the financial super powers of the state to invest in productive infrastructure and services instead of waiting for rich people and banks, who are on the whole, both investing in already existing assets and ignoring the productive economy
Gates and Buffet are quite willing to give lip-service to these ideas, while simultaneously lobbying hard to maintain the status quo.
Using their money and influence to stifle any attempts at real systemic change, while spouting platitudes and sound bite on TV and at Davos, gives them a false claim to plausible deniability, and deflects the anger of the masses onto other, usually spurious causes of inequality...such as immigration, the wars in Ukraine and Gaza, market forces, China, Covid, etc., etc.
@@WarrenPeaceOG I am with you. Except I am all for cutting the state out of the equation too. Not completely. The state can play a role. But so can individuals. I'm basically talking about a diverse approach. There is no guarantee that the state will always work for the masses. It seems like the exception rather than the rule. You know?
@@ColaSpandexI want to see it done through governmnent, but more regionally and locally, rather than all in high chambers
The important thing is to do it democratically, so it works to give communities more productivity rather than giving a narrow few maximum wealth
@@markwelch3564 Have you heard of the Preston Model?
I've saved about $150,000 this year and want to invest in stocks for high yield returns. What is the best investment strategy for this goal? i heard NVIDIA is a good buy right now
The market is wild right now! Whether you're a newbie or an experienced investor, I believe you need to contact an advisor to guide you with your financial decisions
As a contractor with limited time to analyze investments, I've relied on a fiduciary for the past seven years to manage my portfolio. This strategy has helped me navigate market fluctuations effectively and also increased my porfolio by up to 300%. You might consider a similar approach.
Could you recommend your advis0r? I'll be happy to use some help with my portfolio management.
This is definitely considerable! think you could suggest any advisors I can connect with? I'm in dire need of proper portfolio allocation
Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.
Hallelujah!!!!!!!!!!! The daily Jesus devotion has been a huge part of my transformation. God is Good 🙌🙌🙌🙌🙌🙌🙌🙌🙌was owing a loan of £47k to the bank for my son's brain surgery(Samuel). Now I am no longer owning after I invested £6500 and got my payout of £290k every month, God bless Sandrina Edmondson 🇺🇸🇺🇸🇺🇸
Hello how do you make such monthly, I am a born again Christian and sometimes I feel so down 🙁of myself because of low finance but I still believe in God.
Hello how do you make such monthly, I am a born again Christian and sometimes I feel so down 🙁of myself because of low finance but I still believe in God.
You'll surely reach her
she's active on What's
app
美國 十 𝟭𝟴𝟮𝟴𝟯𝟱𝟭𝟭𝟳𝟰𝟯👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻❤️❤️ 十
大家大家大家大家大家大家大家大家大家大家 copie desta forma O RUclips é frustrante
I have had this argument many times about the fixation on inward investment from overseas, if you look at all the gold, diamond, lithium mines etc all would have been invested in by big companies, the population around these resorses are poor, even in the UK overseas investment are just removing wealth from our citizens, it's rare anyone investing money is looking to benefit others, great video Gary, thank you
They rarely invest and contribute to the economy. They tend to asset-strip our resources. Just look at Thames Water as an example. Take out profits and don't do any maintenance.
" If you just focus on growth without focusing on distribution all you do is advance towards slavery at a faster rate." . One of the most important economic and social statements ever made in a capitalist society.
Hey Gary, if you started a petition, I'd sign it!
Me too
This sounds like an idea. The problem for me is this... Why are we relying on politicians to do something? Chances are that our petition would end up in the bin.
People need to stop bickering and unite to fight those who are hoarding money, assets, land and hate the poor.
@@Wasim31415This is most likely the reason why the Tories push the culture wars.
This is what i was thinking about. He convinced everyone who was listening to his videos.
Strong but very true words Gary.
Keep up the fight 👍🏻
Two questions:
1. How can any one country deal with this problem when the rich can move so easily between countries?
2. How can people with time to spare get involved? Can I volunteer with you, or an organisation you think is doing this work well?
Tax goods/services where they are purchased not where company is based
1) Well according to Gary... The only solution is taxation. But I disagree. I think there are other ways around this where borders and jurisdictions are less relevant.
2) I am thinking the same thing. Maybe we should put our heads together.
@@ColaSpandex historically tax has been the answer see Roosevelt / clement Attlee
Universal imposed taxes… not possible due to governments sponsoring global disunity in the name of preventing this very thing
The problem is hoarded wealth. Taxing goods and services taxes everyone, especially the poor. Rich people don't spend proportionately more. We need to tax wealth, not consumption or work. The only way is either global collaboration, which is unlikely, or countries refusing to accommodate those who have not paid their share. We shouldn't let non-doms own property here unless they pay wealth taxes here.
This is a similar reason for why capitalism doesn't really work for the provision of public services. Capitalists want to monetise it and the only real focus is whether something is profitable or not, the outcomes or results are secondary at best. The public sector tries to focus on value for (tax payer) money and that is generally measured by the outcome or quality of service provided. In other words, capitalists don't really care if something is crap as long as they are making money off it.
Share this everywhere
People need to stop bickering and unite to fight those who are hoarding money, assets, land and hate the poor.
@@Wasim31415 Great idea, but guess who owns all the means for stopping ordinary people from doing this ?
@@Wasim31415 Just use your vote. Reform UK are promising to raise the minimum tax threshold to 20k, that's the definition of abolishing tax on the poorest, vote for them on July 4th
@@anderskI approve of taxing low earners less. Will Reform balance this by taxing the top end more so we don't see another Truss moment?
@@johmsmith9496 if everyone stopped working and protested tomorrow. You would see change. Even 5 million. Every town, city and community need to stand up for what is right.
Good Morning , again many Thanks for you time and expertise ,x
Tax the rich 👏👏👏Vote like your life depends upon it. It does.
How can you vote in this general election to tax the rich? Who's promising to tax the rich?
@@neilcameron434 The Greens
@@neilcameron434 currently greens are the only party who have said anything about taxing the rich to redistribute wealth.
@@willdavies687yep. They won’t get in obviously but this needs to be the party of the future I think. This election they could get more seats if people vote in the right areas, and if they can grow enough next election they may have more of a chance. The snowball needs to start here
The Greens think anyone learning over £50k is rich
BRETT, TURBO, AMS27T and JASMY, cryptos will make milionaries in the end year
I’ve got some magic beans here for sale. Hurry up, selling quick!
Reminds me of the story about Henry Ford who realised his workers couldn’t afford to by the cars they were making so he doubled their wages and not only could the workers afford to buy cars ( which upped Ford sales massively) but also had money to buy other goods and by doing so other businesses sprang up and the towns economy grew.
More people having more money grows the economy but what we have now is just parasitic! We have been taught to idealise wealth and greed to the cost of society and it needs to stop! Before we really do end up living in the hunger games.
I used to work in Waitrose and it was very common that most people did NOT shop there even with a staff discount...too expensive
@@keithparker1346 : Yes, just like chinese women making your iphone, they can’t afford one for themselves.
Slavery is the best word to describe it.
Yep, and that's why I want ReformUK to win, they're bringing the min tax threshold up to 20k, that's a lot more money in every working class pocket
Forget Shiba and Dogecoin. The next Bull runner gonna be AMS27T
Mate, you are a waste of space. Your mum must be proud.
I'm sticking with R2D2 and C3PO...never touched BB8.
@@deputyvanhalen6386seriously underrated comment right here.
@@deputyvanhalen6386 Gonk!
This video - and EVERYTHING Gary has put out - should be shown in every school, before every film at the cinema, as a series on a major British TV channel (and elsewhere), at *ALL* political party meetings, in the Women's Institute ... everywhere
Spot on. Culture as a Major device for Real growth, not a capitalist consumer strategy. Let people think, do not guide to a predetermined goal, just let people think, and show facts, true facts, give people the opportunity of realize the disguise that capitalist narratives are hiding.
India is a good example of this hunger game city. Extreme inequality.
And this bring the question are countries like the US or UK moving toward Norway or moving toward India?
The economy is asset geared because its the most collateral based secured lending for private banks, if they lend money and the borrower defaults then they take the collateral, which is far more a secure form of lending and low risk than lending for high risk lending towards industry, which leaves far less collateral upon default - rich folk simply exploit this preferred low risk lending strategy of private banks, and the only way it changes would be for government to intervene in targeted private bank lending - which no government would have the balls to do in the UK.
Hola. Te felicito, te celebro. Ojalá la cultura sirva para comprender qué se esconde debajo de los engaños y poder devolvernos el poder real a todas las personas. Ojalá te traduzcan al español para que todos los latinos puedan entenderte y dejar de robarse entre ellos queriendo emular la vida de lujo de quienes los someten. Un enorme abrazo. Gracias!!!
I’d put your deck chairs away before the wind tears them or else you might be investing in two new ones
Tax assets more, tax work less!
Easy to say "tax assets", impossible to do fairly and effectively
@@ABRAM_BEATS CGT already exists, but is only effective if an asset is sold and if a net gain is made. The wealthy store their assets in Trust so they do not own them therefore you cant tax them.
We have people in government applying one idea to their personal finances and the opposite idea to the nation’s finances
You would do the same in there shoes
Reform UK are promising to raise the minimum tax threshold to 20k, that's a seriously good policy, noone else is abolishing tax on the poorest like that
to be fair, because personal finances and government finances do not operate in anything even remotely like the same way - and in many ways operate in the opposite way to each other, it's actually a really really really good idea not to treat them in the same way.
Don't forget that people were convinced that the total failure that was Austerity (a policy that has never once succeeded in its aims in the entire history of mankind) was a good idea because they were convinced that personal finances and government finances DO work in the same way.
@@5ynthesizerpatel Fair enough. I was more thinking along the lines of the mass sell-off of government assets, leaving the taxpayer without much to show for their cash outflows while the wealthy politicians increase their asset holdings
@@anderskwhilst they privatise healthcare, schools and lead us down the road to USA (which is almost a failed state unless you are rich enough to stay in a few places)
This video provides a lot of supporting arguments for Universal Basic Income and Modern Monetary Theory.
Together, coupled with land value taxation,
they make rich people unnecessary.
They want everyone like slaves, Gary knows it as well.
Read your book on an 8 hour flight nearly in 1 hit! Incredible read, best book I have read in a long time arguably ever... Keep doing what you're doing.
Bro is trying to change Darwinism. It’s never gonna happen but keep making a load of money trying to persuade poor people to tax the asset owners 😂
He isn't making a load of money doing it
People need to stop bickering and unite to fight those who are hoarding money, assets, land and hate the poor.
if you dont tax them they will soon own EVERYTHING. after ww2 the uk gov was broke so they had to increase tax on the very rich to 90% look it up. This meant the rich couldnt accumulate too much wealth, thus the middle class got richer and richer until 1980 when thatcher got in cut the taxes on the rich and said "dont worry it will all trickle down to you" guess what... it didnt. Now as the rich arent getting taxed their wealth grows and grows every year taking up more and more of the pie. If we allow this to continue they will buy up literally EVERYTHING, every business, every family home, every farm it will be awful.
Hi Gary, this raises a very interesting point. Most normal people are poor but as poor people tend to spend their money on goods and services, I would have thought that rich people would want poor people to have more money, because as those who control the provision of goods and services surely it’s in their interests? I wonder if rich people have become so greedy and myopic that they can’t see the bigger picture?
i think eventually as people get poorer and people have less disposable income and so businesses will have their revenues decrease and rich shareholders will then maybe open their eyes but who knows.
The rich seem to mostly do well enough in extremely unequal countries, so clearly ordinary people having wealth isn't needed there
Gary already explained that B2B and luxury services i.e. serving the rich is where the businesses thrive. You have to think of the economy as a whirlpool, the rich are at the centre where the highest velocity of money flow is at and the poor are at the circumference where velocity is low.
that's built into the system. if you're a shareholder you want to see the value of your shares go up. if they don't do that now you'll take your money elsewhere. if you're a CEO you have to make more profits now. if you don't you'll have to get a job elsewhere and miss out on your bonus.
that's capitalism at work. if profits don't rise for businesses as a whole, there's an economic crisis.
so if we did what gary proposes we'd probably see a repetition of 2008. the only way out i see is to give ownership of businesses into the hands of the people. be it the people who work there or the state, it doesn't matter. we wouldn't even have to do away with markets. just taking the those assets back solves the fundamental problem.
@@tru7hhimself But then you run into the philosophical issue that no-one has ownership over anything if the government has the ability to seize ownership and allocate it to whom it sees fit. If you want to pay employees in stock/equity that could be an idea but likely unfeasible in most cases (company would have to be publicly traded in the first place as well).
My question to the working class is why do you want to participate in an economy that is rigged against you in the first place? Look back to Oklahoma before 1921 where they had Black Wall Street, a thriving self sufficient business district that had the black dollar with its own intrinsic value. If the economy is a whirlpool with the rich being at the centre of high velocity money flow while the poor are at circumference, why play the game that is low yield and slower?
The upshot of all this - you have two options:
1) Participate in the wealth economy and build goods and services that rich people demand.
2) Reduce the scope of the economy and heavily localise it towards your own towns and areas.
The biggest challenge the working class face is not poverty but high speed consumerism. If the working class can move away from the instant gratification culture that the media has indoctrinated them with and take initiative to build up local businesses while rejecting the establishment, you can make some serious change. If people can collectively mobilise to support local produce and undercut the supermarkets, that's how a local economy is built. It may seem difficult but that's what technology is for!
Edit: Spelling error.
1st thing to do: Stop voting for politicians who will not and have not taxed wealth of the Rich. Disregard campaign talk, what is their track record?
This is a banger of a video and cuts through to the meat of the problem, awesome work! ❤
We need people like Gary in government, someone that actually knows what it’s like to be on either side of the equation so we can build a more balanced economy that serves more than just the super rich
Unfortunately we won't get that, but one can dream...
Thanks Gary 🙏🏾
The Stock Market is where people with loads of money and people with loads of experience meet. At the end of the day, experienced people leave with loads of money, and the people with loads of money leave with the experience.
👍👍👍amazing content.
I like your Hunger games analogy. How many poor people still vote for tax cuts to the rich, thinking they'll be the winner of the game, and climb on the dead bodies of his fellow man to get into that rich, juicy city where the rich live.
another excellent video, we are poor
People need to stop bickering and unite to fight those who are hoarding money, assets, land and hate the poor.
Then vote ReformUK, they're promising to raise the minimum tax threshold to 20k, this is as close as it gets to a party wanting to close the wealth gap and empower the poorest
You are poor. I'm not
look into the camera more, especially in the first 120 seconds of the video to drive engagement past common engagement drop off points. Keep up the Good fight, we are here behind you. always.
Taxes on the rich will never happen while current banking and corporate laws exist as is. It’s the first line of defence to hide wealth from taxes.
Reform UK are promising to raise the minimum tax threshold to 20k, this is as close as it gets to a party wanting to close the wealth gap and empower the poorest
@@andersk Which has what to do with a tax on the rich? Only the Green party are proposing to do that.
@@andersk I'm sorry mate, please look into what Reform really are. If your threshold goes to 20K but your bills go up, your rent or mortgage goes up and your cost of food goes up you're no better off, you're worse off. They won't alter taxation on the rich. Listen to Richard Murphy on here, he's a tax professor who can explain why none of the political parties will save you, and how to change taxation so that the rich pay more. Only the Greens are proposing tex reform, but they got 865,000 votes in 2019 and only got 1 MP. The whole system needs to change. Keep reading, learning and don't fall for Farage, he's a snake. Brexit has already done more damage to the UK than Truss did, and she did a lot of damage in 49 days! (your rent or mortgage went up due to her policies)
-(1914) WW1 BREAKS OUT
-LLOYD GEORGE CONSULTS, NATHAN ROTHSCHILD ON HOW TO RAISE MONEY FOR THE WAR.
-HE ANSWERED..... "TAX THE RICH AND TAX THEM HEAVILY."
It sounds like the UK needs mass micro-financing to create a consumer base and low level commercial enterprises. (Like India)
This is a very good idea, the same approach has also freed many countries in central africa from loans with usurious interest rates in recent years.
Dreadful. This guy doesn't get it. Until you change how money is created then you are talking fantasy land.
To reference some guy giving some money to Africa is laughable. The UK Government spends £10Billion pounds of YOUR MONEY every year to people less fortunate.
You giving your 90% of Tax on your Capital Gains to the UK Government voluntarily Gary? What's that? No I didn't think so.
THIS is a good one…… I often feel these can get a little retentive but this one simply NAILS IT…..
Share to your networks, raise the understanding
Wasn't the Doomsday Book a book of wealth? It was based on the Great Survey. The survey's main purpose was to record the annual value of every piece of landed property to its lord, and the resources in land, labour force, and livestock from which the value derived. That's wealth. So the taxation was on the lord's wealth. The taxation was not based on the lord's income. The taxation was not based on the lord's expenditure. So what Gary is proposing with a taxation on wealth is traditionally British, albeit going back to 1086 AD and the times of King William the Conqueror.
I haven't heard one politician from the main parties talking about wealth redistribution methods in this general election. For the sake of that one issue alone, absence of wealth redistribution political aims is the reason we must not vote for the main parties. The main parties 'one direction' plans mean the people can only get poorer, there can be no turn around.
i think the greens have spoken about it
They all serve the same leaders
That's because like it sounds like Marxism and also because the main parties work for the WEF. Expect ZERO change whoever gets in.
@@oaga71625e Exactly.
🔑 Taxing the rich is a short-term solution.
The distribution of wealth will have to change shape at some point, and it will be brutal. Bitcoin is another short-term solution; it will increase in value following an inverted logarithmic curve that will stabilize in 100-200 years. After that, a new method of wealth distribution must arise. Synergy is the key. This is our last chance, or humanity will face great peril.
Great video Gary 👏🏻👏🏻🤞🏻
Some comments leave me thinking you’re just another clueless ideologue: ‘Musks 6th helipad on his skyscraper’.
This comment is just wholly oblivious to reality, and the wealth the guy has generated through his companies - rather than making by it from a zero-sum trading career?
I’m no Elon fan but at least he has produced something. Also he doesn’t have a skyscraper.
He didn't produce. He took over the company. Tesla was not started by him. PayPal also was not started by him. It was started by Peter Thiel and his friend. Solar city also was bought from someone.
And done it with massive handouts from the government.
I came across some statements from big investors expressing concerns that the stock market rally could be short-lived. My concern is my $600K stock portfolio is still recovering from a dip of almost 40%, how do I navigate these complex situations?
Unfortunately it will never happen Gary...
I fully agree with you and appreciate your videos...
Thank you.
Sadly I agree. The line has been crossed and heading towards a doomed end game
So would you think a currency designed to be deflationary would basically bake in rent seeking behavior and exacerbate inequality? You know, because then you wouldn't really need to even buy assets at all. You could just acquire the currency and hoard it indefinitely.
I'm seeing more ads and political lobbying by entities creating scrip out of thin air, telling me that my credits in the current system are worthless but they'll accept them in trade for their "superior" nonsense.
This guy can waffle 😴
A very simple explanation of what has been happening for years, and the reason why hundreds of investments by government and investors don't work, I have found the same thing investments which make things to sell no longer work, loads of stuff like technology and AI are thrown at them, to cut costs , but they fail because there is not a big enough customer base.
Thanks, Gary. As always, clear and straight to the point without fluffing (like our politicians tend to 🙄🙈). 👏
I USED TO THINK LIKE YOU, BUT YOURE WRONG. There is another way.
Gary why are you not getting into politics and helping resolve the problem? When you understand it at a high level?
I want him in politics too. He would do some good 👍.
Is Gary interested in solving the problem or does he only want to make money from inequality?
The problem is that the the second he joins a political party he loses everyone who doesn't support that party. This way he can maintain support any one who is concerned about wealth inequality regardless.
see what the uk news media did to corbyn? years of lies pumped from every outlet. that may be why.
Would you want to be a politician? Not many people would enjoy that job... It looks like a super stressful, frustrating field to work in for anyone with even a slightly caring, conscientious nature. Gary doesn't have to do anything that he doesn't want to do, does he? 😉
Plus, as others have pointed out, Gary doesn't want to be partisan at all. He wants to build a huge public understanding of economic inequality, so that regardless of political affiliation, regardless of who is in government, we all put pressure on all governments worldwide to change global economic policy!
I think it is important not just to tax the rich, but especially to punish the greedy and spend the tax money well. Research has shown most people are only mad at high taxes if the money goes to the wrong pockets. Right now, if I am rich and pay a lot of tax, that money will just go to my rich neighbour, that is providing something at an astronomical price to the government, because lobbying gave him the deal. (side note: I am not rich :[)
These are extremely useful rules for anyone looking to grow rich. Unfortunately, the majority of individuals that see this video will be unable to implement the ideas. We may not like to acknowledge it, but as Warren Buffett famously stated, investing is like any other profession: it takes a certain amount of knowledge. It's no surprise that some people are losing a lot of money during the bear market, while others are profiting by hundreds of thousands. I'm just not sure how they do it. I now have around $570k to invest in the market.
Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.
Agreed, a lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular coach to whom you have used their services?
'Grace Adams Cook' , is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Rich people buy when the working class is being stingy (right now) and then they sell when the working class starts to have some extra money to invest through their scummy broker.
3:15 housing has the same issue and is one reason the rich buy existing housing stock, because the return on investment per square metre is better in an existing building, rather than building new.
And property developers don't want to build truly affordable homes because the profits are not there. That's why we can't rely on private development companies to solve the housing crisis. And they purposefully slow the rate at which they build them to keep supply lower than demand, again to maximise profits.
Gary-you’re based in the UK and I’m guessing the majority of your audience is. Why don’t you do a video recommending to invest in the S&P 500/global index. Obviously you first need the disposable income for it to be possible but in comparison to the US/Germany/France 20k a year tax free is insanely good. Also it’s generally a productive asset versus property that just drains and destroys society.
Who you gonna vote for Gary?
Probably neither of the two big parties.
My reasoning is thus; Insanity is defined as doing the same thing over and over again and expecting different results.
@@Paulie44 yes, that is a good Einstein quote and one i often too use when describing the madness of our politics. Independents or Workers Party is the only way to save our Country.
First we need to get rid of the Tories, so holding my nose I will vote tacitly. Then we work on getting PR so parties like the greens get a bigger influence.
Greens at least are talking about wealth inequality and potential wealth tax.
Tories don't care about the working class. labour are clueless about what the problem is and don't listen to Gary's message
@@peterburnett1661 Good luck Peter. I hope you make the right decision. I don't trust any of the mainstream parties. Look what the Greens have done to Germany. The Country is finished and the Greens have actually made Germany go back to using Coal... Also, they called Corbyn an antisemite, which means they too have been corrupted by the Devil Zionists.
Voting "tacitly" doesn't make sense as we just build the US system of two parties. We have to break the shackles of corruption.
Gary: you bought 1,000 kg of gold at the start of Covid? That must have cost you a pretty penny ...!
On a personal level there's nothing stopping people investing here. Especially if you're young. Put a small amount of money away each month using an app like trading 212 in say an ETF like Vanguard S&P 500 or FTSE all world fund fund, just keep adding to it and leave it alone.
By the time you're 50 ( believe me it'll happen faster than you think ) it'll be a decent nest egg.
I wish I'd know this when I was 20 to be honest.
Agreed. I'd be very comfortable now if I started 20 years ago.
But financial education in this country is none existent. Better late than never though.
I'm glad I'm not the only one who thinks we can address this at the grassroots level instead of relying on governments. We can also stop using Amazon etc. There's actually a lot we can do.
@@kinggeoffrey3801 Financial literacy is purposely not taught in this country, the wealthy don't want us to have any piece of their pie.
I agree that we can create a better life for ourselves by being smart with our money, putting some money aside to invest on a monthly basis since young and control our expenses.
But that doesn’t solve the problem that most of the population is not educated enough to know how to invest and doesn’t have time to learn or can’t spare 50€£ a month because they need to buy food instead.
@@ColaSpandexyou say use Amazon less what alternatives are as cheap? Unless you're going to give me the price difference I'm going to ignore you
As an absolute beginner with a tiny starting fund (about 200 quid) how would I go about investing in commodity futures and asset futures?
Bravo G. Keep going.
One investment the government could make is to build more social housing (100,000 a year would be good build rate, currently 40,000). Another one is to insulate houses (300,000 would be a good rate, currently 20,000). These are government investments that would make a real difference. Total extra spend need per year, for both investments, about 12-14 billion.
Amazing video!
We are only watching this because you have experience working as a citi trader and know all the secrets behind the job.
Your RUclips video titles are not addressed during the video. You barely offer any trad secrets. All the information you give is obvious even to a novice investor.
You are failing to address the wealth gap which is your main goal.
To address the wealth gap we need to build more houses in the UK, this will reduce the expenditure households have. This will also stimulate the economy as people will have more cash to start their own business or innovate new processes or products that will improve society
Degrowth would be an interesting topic to cover.
As a young adult and deep supporter of free markets/capitalism I don't want more stuff or services i.e. GDP.
Id rather have more free time through automation.
Why would automation mean degrowth? The age of steam saw huge growth. The real limit is energy.
We would need a robot tax but you could go fishing seven days a week.
Didn't Marx think that we'd opt for the less working hours with automation but we've decided to chase ever more stuff
There is a Japanese Marxist, Kohei Saito, who says exactly this.
@@ColaSpandex. What I mean is suppose we need £20,000 of goods a year a person to survive. We can achieve that £20,000 using less labour and more automation.
Whereas what we have been doing is using more automation to produce more (unnecessary) stuff.👍👍
@@keithparker1346 I've heard that idea before. It's clear that a large proportion of the population will overwork themselves so they can indulge in material trinkets and tat😂more fool them
I get the message Garys trying to get out to people but it’s also hard to relate to him and his passion he puts forward in his talks because he’s not one of us and finds ways to line his own pockets with millions just like the rich (can’t blame him btw). But It’s always feels like a “us vs them” when he talks about the rich but he is also rich remember that!
I watched farage saying the reason we dont have the money for docters, and local services is due to migration. You need to explain to him about wealth inequality!!!
Oh he understands completely..hes just a liar and a fraud.
Ironically he's partly correct. We are exploiting immigrants
Unfortunately a lot of people buy into the immigration-lies, and they would rather be poor as long as no migrants get in.
Wasn’t that the whole point of brexit, even though they could not say it out loud?
Everyone knew brexit would be really expensive.
He’s not stupid. He’s just a lying bigot
Also needs to touch on the idea that "Money is trust/promises" ('In god we Trust' & ' promise to pay the bearer' on various currencies), and how that doesn't apply to rich people/ assets.
Hi Gary, have a nice Sunday
He's the type of guy who should speak at Davos....but they wouldn't let him ....
Elon musks skyscraper? What skyscraper?
He doesn’t have one. I’m no Elon fan but at least he has produced something. Gary has made millions from pure speculation.
is this really the thing you want to be focused on?
Are we hog tied to this fate? Is there a way out for us, our children and grandchildren, or do we have to wait for political will to tax the rich (which feels like will never happen)?
I wonder if there is a political party which promises to tax the rich. If not I would like to be part of one. I totally agree we need to tackle inequality but I also feel that capitalism is the best system.
Gary you are not an investor
You are a speculator and professional gambler and good at the greater fool game
True investing is putting money into ventures with people to make create or improve things
Gary, Mate, using the word investment has brought all the bots out the woodwork
I realised this a while ago and have taught myself how to trade (still learning, but I’m making good progress). I’m not great at maths, but not terrible. It’s easier than you might think. I turned £1000 into £3700 last week alone. I am no longer dependent on this rotten system, and it is a great feeling.
This man is so beautiful. I want to put my face next to the arch of his foot. Everyday. Forever!
What a clear but simple lecture in economics. i have been an active stock exchange investor for 60 years giving away 10% of my profits each year...titheing.....but Gary,s views are spot on. Well done. David McCabe dublin
Austrian economics has a better insight
I completely agree that the over financialisation of the economy is terrible, it puts the incentives to invest in the stock market not the real economy
However, having unsound money (i.e. QE / money-printing) drives up these asset prices while reducing the purchasing power of the working or middle class.
Taxing the rich is just a cathartic escape. We need to change the whole system and have a return to SOUND MONEY
Look at communist systems: they taxed the rich but did not become more equal societies.
Instead a top elite gained all the resources!!
Capitalism with sound money and a plurality of small and medium sized companies would give a far better result
What is sound money? QT / sell more bonds? Are you advocating for a market crash? You know the ultra wealthy will simply hold onto their assets while ordinary folks suffer through widespread unemployment and foreclosures, right? The ultra wealthy have an entire industry dedicated to helping them nagivate the economy, you're basically challenging Mike Tyson in his prime to a boxing match.
I would love to see you make a video about offshore, trust funds and other tax "loops" that allow people and companies to not pay tax, in particular large companies. Love your videos keep up the good work!
Absolutely brilliant video Gary you explain the world of money so everyone can understand it;-) keep them coming and Tax the rich
Gary I'm living at home with my parents, how tf can I tax the rich!?
Vote for anyone but the tories, join a pressure group and demand tax reform so that passive income is taxed at a higher rate than income.
@silvafox7719 Labour are just as bad as the Tories. 2 sides of the same arse! Taxing the rich will not happen because the rich are not just the corporations i.e politicians friends but also the politicians themselves!
Unfortunately for most I think the solution is just to get another job or a higher paying job. That combined with investing your savings rather than keeping it in the bank.