Millionaire Explains Ways Rich People Make Money With Debt

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  • Опубликовано: 8 ноя 2024

Комментарии • 38

  • @TheRothschild770
    @TheRothschild770 Год назад +10

    The 1% of rich people think of how to invest their money to increase their wealth during the recession. While 99% of struggling hard-luck people think of how to survive without food and daily necessities in the recession and the coming hyperinflation

    • @SeanJohns-ze8ie
      @SeanJohns-ze8ie Год назад +3

      For long-term investing, one of the key strategies is to get a professional to diversify your portfolio. This means spreading your investments across different asset classes, such as stocks, bonds, and real estate, to reduce risk. It's also important to consider your time horizon and investment horizon. The longer you have to invest, the more you can potentially take advantage of compounding returns.

    • @ThomasColt
      @ThomasColt Год назад

      I am a dividend investor for the most part but I have bought Tesla stock a couple of times. However I have bought Tesla stock again and will hold for the long haul this time.

    • @ThomasColt
      @ThomasColt Год назад

      My portfolio is made up of dividend etf’s, dividend stocks, growth stocks, it allows a bit more freedom in specific areas with help of an advisor CHRIS RYAN STEWART who I’ve been in touch with over the years before buying any stocks and it’s been working perfectly for me.

    • @georgeearling905
      @georgeearling905 Год назад

      Excited to add to my positions as the market drops. Looking forward to 10 years from now with the hope of retiring early.

    • @TheDuke792
      @TheDuke792 Год назад

      Great info, how can I get someone like that?…. I’m bombarded with the “don’t sit on it during the inflation, I wanted to jump in 8/22 and did nothing so far this year I think I need to get my feet wet

  • @coreyplummer3478
    @coreyplummer3478 Год назад +6

    Uh Branson doesn’t have a top golf and the population is 12k not 4k

  • @skysthelimit.podcast
    @skysthelimit.podcast Год назад +1

    Great episode! We 100% agree you have to leverage debt to your advantage and that is what has helped us become successful in real estate investing.

  • @thevirtualmillionaireshow
    @thevirtualmillionaireshow Год назад +2

    Incredible listen! I can relate to so much of this episode. The reality of flipping this year at scale is no joke. Great to hear you guys talking about the importance of communication and relationships with family during trying times. Good stuff!

  • @ecomrob7904
    @ecomrob7904 Год назад +2

    Can you have less ads in your videos please? Every few minutes i have to click skip ads. Im just going to listen to podcast instead

  • @NewAgentHQ
    @NewAgentHQ Год назад +4

    Great video. Deals can be found in any market. However, you will have to work 5x as hard to make the same money in this tough market.
    We still have 5.3 million pending right now on the retail side even in this down market. But you really must grind to make it happen!
    All real talk. Great video. In 20 years these prices will likely seem low.

  • @Mr.T.Pierce14
    @Mr.T.Pierce14 Год назад +1

    Love the idea of golf and conversation. I’d be a watcher.

  • @MikeCity.
    @MikeCity. Год назад +2

    Housing market crashes and they go bankrupt. Any debt is bad debt.

  • @LifeAsDane
    @LifeAsDane 11 месяцев назад

    Thanks for the episode! Love listening to people in Real estate that have never been through bad housing market talk strategy on how to make it through a potentially bad market. I'm in the same boat. Only been in this since around 2014-2015. So interesting to hear both of your thoughts on all this, cause none of us know.

  • @kikyoass
    @kikyoass Год назад +2

    Getting rich is hard. I think people ought to just do something productive that they love and that will be your “riches”

    • @badfeng
      @badfeng 11 месяцев назад

      Find something to do that adds value to other people's lives, continually think on how you can optimize your effort (including pivoting if it makes sense), plan long-term, and in time you'll be in a higher leverage position.

  • @marckuhnmak
    @marckuhnmak Год назад +1

    Great info guys!

  • @Save-money1
    @Save-money1 Год назад +1

    Save your money and do not give your money away save your money so you can do real estate and other investments great video

  • @mandyrose5822
    @mandyrose5822 Год назад +2

    What's happens when the loan comes up at higher interest? That's what scares me.

    • @TonyyToledoo
      @TonyyToledoo 11 месяцев назад

      I've been low balling a lot more and asking for rate buy downs. A lot less offers accepted but at least the ones that do get accepted are still profitable and cash flowing

  • @topproducingagents
    @topproducingagents Год назад

    Great information for all action-takers.

  • @kerrybaird739
    @kerrybaird739 Год назад +3

    So many ads. Yuck.

  • @Buckaroo801
    @Buckaroo801 11 месяцев назад +1

    Bored rich people love losing money slowly by owning sports teams and cattle ranches. 😂

  • @chickennuggetsquad5301
    @chickennuggetsquad5301 Год назад +1

    So is the different colored hair or brand thing or clickbait thing?

  • @charlieerickson5524
    @charlieerickson5524 Год назад +1

    Come back to fargo bro

  • @ElJefe360
    @ElJefe360 11 месяцев назад

    First time Ryan is not looking at his cell phone every minute while Guest is talking (so disrespectful)

  • @LaCrosseEscapeRoom
    @LaCrosseEscapeRoom Год назад

    First!

  • @daneludolph9014
    @daneludolph9014 Год назад +2

    Did this guy say he is selling education for the flipping and rental side of his business that is “not profitable in the current market”? Lol.

    • @jayc4715
      @jayc4715 11 месяцев назад

      Good observation

  • @TaylorS-t5r
    @TaylorS-t5r 8 месяцев назад

    28:06 *PAUSE RYAN…PAUSE‼️*

  • @tannerbarlow6888
    @tannerbarlow6888 Год назад

    I’d watch this guy