What kind of investing do you think can produce that sort of compounding passive wealth? Leave a comment below! Learn how to build passive and retire sooner than you imagined with my Beginner's Guide to Investing in 2021: bit.ly/3jVcUiL Beware of spammers in the comments below! The link above is the only link I'll share with you.
@@grinjohnson6452 Helen Howard Pratea is the advisor who mentors me you can get in touch with her and book an appointment with her from her website, by looking her full name up on web .
Starting early is the best way of getting ahead to build wealth, you just need someone who knows their stuff and of course has the heart of a teacher to help you become successful in whatsoever investment you decide to venture into.
I think the key thing here is working with a professional. Yes people have devoted their lives to making profits in the market, but those of us who haven't but are interested in investing can simply work with them.
Seriously! A lot of his wealth is health. I though he looked in his late 50s... well in some videos he looks sort of worn out, but overall looks real good.
I choose photonics 14 years ago to invest in. Didn’t knew back then i had to wait this long. I just made on that investment a 15 bagger and made me rich. But this is only be the beginning because LWLG is still prerevenue. Once those licenses deal will start floating in, i will compound at crazy levels
*Mondern man is not the man who goes off to discover himself, his secrets, and his hidden truth; he is a man who tries to invest himself in something beneficial for the future.*
I sell cash secured puts, POSSIBLY get assigned, then sell covered calls. It's a pretty good income stream while my assets appreciate. Howeever, ever since October, the market has been on FIRE. Most of my covered calls end up in the money.
Invested in Ford, GM, and Harley Davidson. Ford and GM stopped paying dividends and Harley Davidson reduced their dividend payout not all the businesses that I have money in but nevertheless a cautionary tale.
When you are old like 60 or 70s, you will not be able to work anymore so when you are young, do your best to get passive income and increase your assets. Think as hard as you can to make it happen.
What kind of investing do you think can produce that sort of compounding passive wealth? Leave a comment below! Learn how to build passive and retire sooner than you imagined with my Beginner's Guide to Investing in 2021: bit.ly/3jVcUiL
Beware of spammers in the comments below! The link above is the only link I'll share with you.
Dividend stock investing in my opinion is the best and easiest way to generate passive income
Great video , i was able to build a good income during the Pandemic with the Help of an expert advisor i met in a conference
@@adamweah8037 Who is this advisor ?
@@grinjohnson6452 Helen Howard Pratea is the advisor who mentors me you can get in touch with her and book an appointment with her from her website, by looking her full name up on web .
Starting early is the best way of getting ahead to build wealth, you just need someone who knows their stuff and of course has the heart of a teacher to help you become successful in whatsoever investment you decide to venture into.
Yes that's right. I think the best approach is to invest with an expert, at least it saves the relief of too much losses
What matters is getting yourself a good investment company that knows how to make profits
I think the key thing here is working with a professional. Yes people have devoted their lives to making profits in the market, but those of us who haven't but are interested in investing can simply work with them.
@@sharondaniels9296 Alright, so you know anyone?
Nope, not yet. But the search is on.
Passive income is difficult to build at the start but once it gets rolling it's great!
Passive income is my favorite kind
If I look half as good as Phil when I'm 50 I'll be a very happy man -never mind 73!
You are 73 years young Phil! Thanks for the wisdom you share with us.
Thanks for watching!
Seriously! A lot of his wealth is health. I though he looked in his late 50s... well in some videos he looks sort of worn out, but overall looks real good.
I'm living proof of the passive income dream - Thanks Phil. Love it 😀
what are your income forms if i may ask?
@@username6265 Of course! The majority is from my $1.5 million dividend portfolio. But also a bit from real estate.
2:13 Passive Wealth
2:29 Einstein
4:10 Moats of Real Estate
5:32 Owning a Business (Compounding Machine)
6:10
8:48 Bull Market/Bear Market
Does the stock you invest in have to give a dividend for you to call it passive income?
For non dividend stock it is still "passive" because it is compounding by some percentage each year, it will just not be realized until you sell it.
@@m4kruse that does make sense. Like as if the money is reinvested right away
People are panicking... you should be stacking.. bc it will pay off..
Access to good information is what we investors to progress financially and generally in life, here's a good one and I am grateful.
The richest men in Babylon buy George S. Clason is a awesome book for passive income also they’re the parabale of the pipeline book buy Burke Hedges.
Phil the master as always
I choose photonics 14 years ago to invest in. Didn’t knew back then i had to wait this long. I just made on that investment a 15 bagger and made me rich. But this is only be the beginning because LWLG is still prerevenue. Once those licenses deal will start floating in, i will compound at crazy levels
You are a great coach sir... thanks
Was the book the Richest Man in Babylon?
Excellent video thank you for sharing Investment advice
Excellent explanation!!
This example of compounding is like day and night thanks for sharing
*Mondern man is not the man who goes off to discover himself, his secrets, and his hidden truth; he is a man who tries to invest himself in something beneficial for the future.*
Took your weekend webinar in October. Thank you for the simple yet sound advise. My watchlist is poised for action. Peace, Bro...
I sell cash secured puts, POSSIBLY get assigned, then sell covered calls. It's a pretty good income stream while my assets appreciate. Howeever, ever since October, the market has been on FIRE. Most of my covered calls end up in the money.
Phil does this strategy work? I know you use options too. Would love it if you could make a video on this strategy please.
Invested in Ford, GM, and Harley Davidson.
Ford and GM stopped paying dividends and Harley Davidson reduced their dividend payout not all the businesses that I have money in but nevertheless a cautionary tale.
Thank you.
Thank you very helpfull
I was literally taking notes while watching. Great insights. Thank you so much
Thank you very much, Mr Town!
I really love your investment's advices
keep up the good work ❤
I agree with you dear Phil
You deserved my like
Very helpful
I just love watching this video it’s crazy inspiring ‼️
Great video
Am buying some shares in Philips 66 at the moment. There is some value there I think.
GROWING YOUR MONEY AND GOING YOUR MONEY...TYPO.
Incredible video mannn
When you are old like 60 or 70s, you will not be able to work anymore so when you are young, do your best to get passive income and increase your assets.
Think as hard as you can to make it happen.
Wow so interesting
wat if I'm staying in India n wat is compound machine, compounding machine have to buy
He is cool
💎💎💎
Cruypto like Cardano.
He's selling a course!!!!!!!
I was thinking real estate was Hard but it is not... Thanks Men
BABA
LET’S GO BRANDON !!!
Please; Lose the background sound. It’s annoying.
Work work is a terrible thing.