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.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years,
Having a counselor is essential for portfolio diversification. My advisor ASHLEY AIRAGAHI who is easily searchable and has extensive knowledge of the financial markets.
Love what you’ve done at the beginning with the mini preview clips + commentary on the timeline/concepts of the video… like a real life in depth timestamp🙌🙌
I loved this interview. It’s especially interesting after reading Rob’s book, because it really takes multiple passes at the subject to understand the fundamentals of the money system. The key takeaway, though: “Earning more money is the solution to virtually everything.” People have a tendency to think of investing as a path to money, but in reality, investing is how you keep money - not earn it. Thanks guys!
I’m starting to find the constant push for people to hustle and start their own business slightly worrying. How many people actually do that? Surely they would naturally gravitate that way. Also crypto isn’t a good investment, it’s a finite currency.
Re rent control, the free market also aritificially controls supply - to ensure developers can maintain profits - this the argument for government / social housing & rent control
Only a very tiny amount of cash exist, most just exist on a screen. When you put your cash into the bank. The bank then takes it and lend a customer at an interest rate. Nothing happens but they have a liability to the depositor and an asset from the borrower. For the borrower a matching deposit is instantly created - there you go, money created!
@@kenroyforte6175 Thank you for the reply. Yes, I understand that. It's the multiplier effect of money. I think this is important context for the video, rather than just saying "they can create money"
Property taxes in the US are terrible. They don’t take into account how much the homeowner makes but base it on the value of the home, so you get little old retired couples who bought their home 30 years ago so it’s worth so much more now than when they bought it and they don’t have the income to pay taxes on their property so they lose their homes. It’s a terrible system
Your OWN home is a liability, sure; but if you buy to let out, then your US tax system allows you to offset all costs (as far as I understand), including interest on the mortgage loan, which we in the UK cannot any longer! We also do not have 30yr fixed-rate mortgages either, and can at best get a 2-yr fixed. So I think you have it MUCH easier than we do!......And if your income if £40,000 or more, then we pay 40% tax! But if you put property into a limited company, then you only pay corporation tax at 20% - but we still can't offset interest payments against tax, unlike we used to. Believe me, you guys have it much easier than we do here! Be thankful for small mercies!
I don’t understand - we’re not all richer are we? We don’t all have an extra million pounds like the example? I still don’t understand inflation- can someone explain please x😢
What a great channel. I am launching a new online radio station here in Perth Western Australia, and I would love to promote your channel on it and restream your audio with your permission. Regards Michael
Everyone and their mum and property investors has thought about which has caused a huge increase in rental prices in Portugal. We're just moving our problems elsewhere
This is amazing 😊 Thank you for making this awesome video. even in the recent dip, I still manage to make $35,000 profit every 12 days from my investment of $3,500. God bless expert. Michael Allen
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.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years,
Having a counselor is essential for portfolio diversification. My advisor ASHLEY AIRAGAHI who is easily searchable and has extensive knowledge of the financial markets.
Shameful
I’m the i s 😜
I love Rob D. Such a gem. the property hub is an insane resource for property investing and not an expensive course in sight.
Love what you’ve done at the beginning with the mini preview clips + commentary on the timeline/concepts of the video… like a real life in depth timestamp🙌🙌
I loved this interview. It’s especially interesting after reading Rob’s book, because it really takes multiple passes at the subject to understand the fundamentals of the money system.
The key takeaway, though: “Earning more money is the solution to virtually everything.”
People have a tendency to think of investing as a path to money, but in reality, investing is how you keep money - not earn it.
Thanks guys!
Much needed episode at this time. Ty!
What an amazing episode! An eye opener for alternative perspective on homeownership and promoting financial success through other means! 💯
Simply amazing. Loved this podcast and the opinions made. Gave great opinions on a lot of the questions I have been thinking about recently.
I’m starting to find the constant push for people to hustle and start their own business slightly worrying. How many people actually do that? Surely they would naturally gravitate that way. Also crypto isn’t a good investment, it’s a finite currency.
Re rent control, the free market also aritificially controls supply - to ensure developers can maintain profits - this the argument for government / social housing & rent control
I think also first-time buyers are more commonly buying 1 bed. There is a rise in single or couples buying.
Quite a thick book well done
Please subtitle your videos in Spanish! I would love to share with family and friends! I have told them so much about you and how you've helped me!
I’d like some more info on banks creating money. I think it was oversimplified in this video.
Only a very tiny amount of cash exist, most just exist on a screen. When you put your cash into the bank. The bank then takes it and lend a customer at an interest rate. Nothing happens but they have a liability to the depositor and an asset from the borrower. For the borrower a matching deposit is instantly created - there you go, money created!
@@kenroyforte6175 Thank you for the reply. Yes, I understand that. It's the multiplier effect of money. I think this is important context for the video, rather than just saying "they can create money"
ruclips.net/video/j7-FmAfxMmQ/видео.htmlsi=ugvGov6w4nURuwG6
Property taxes in the US are terrible. They don’t take into account how much the homeowner makes but base it on the value of the home, so you get little old retired couples who bought their home 30 years ago so it’s worth so much more now than when they bought it and they don’t have the income to pay taxes on their property so they lose their homes. It’s a terrible system
Your OWN home is a liability, sure; but if you buy to let out, then your US tax system allows you to offset all costs (as far as I understand), including interest on the mortgage loan, which we in the UK cannot any longer! We also do not have 30yr fixed-rate mortgages either, and can at best get a 2-yr fixed. So I think you have it MUCH easier than we do!......And if your income if £40,000 or more, then we pay 40% tax!
But if you put property into a limited company, then you only pay corporation tax at 20% - but we still can't offset interest payments against tax, unlike we used to. Believe me, you guys have it much easier than we do here! Be thankful for small mercies!
I don’t understand - we’re not all richer are we? We don’t all have an extra million pounds like the example? I still don’t understand inflation- can someone explain please x😢
Get Joe Delaney on the pod
What a great channel.
I am launching a new online radio station here in Perth Western Australia, and I would love to promote your channel on it and restream your audio with your permission.
Regards
Michael
"I'll just live in Portugal or something" is not a good plan if you are leaving your country to avoid high taxes 🤣
Everyone and their mum and property investors has thought about which has caused a huge increase in rental prices in Portugal. We're just moving our problems elsewhere
Rob made it onto Ali’s podcast!
Housing shouldn't be an investment. Being a professional landlord or promoting landlordism is just contributing to the problem.
How does it contribute to the problem? Care to explain?
Tell that to people who rely on renting for somewhere to live.
@@jigsaw2253 they're hoarding properties to make profit. Driving prices up and decreasing inventory. Less ppl can afford homes
@@storylearning they wouldn't have to rely on renting if landlords weren't buying up all the properties
@@xbeautifulthings people like to rent. Some like to buy. There are enough houses for people to buy regardless of landlords so..
"Don't buy a house" must be the worst advice you can give to anyone.
This is amazing 😊 Thank you for making this awesome video. even in the recent dip, I still manage to make $35,000 profit every 12 days from my investment of $3,500. God bless expert. Michael Allen