I got my first nvesting stake by simply working 55-hour weeks for 3 years until I’d built up $100k. There are tons of videos saying that the first $100k is the toughest, so I just got it out of the way in my 20s. The most typical response to hearing that is “Three years?! No thanks.” Every broke 20-something that hears it thinks it’s insane... before telling me about their side hustle. ;-)
@@epbrown01 Be careful telling people in your life even your family how much you make or have saved up. Building wealth is also about being discreet and not standing out because people closest to you will exploit you.
Sounds like all the MLM Huns out there claiming a stay-at-home mom can make 6 figures in between changing diapers, meal prep and homeschooling (pockets of time). Drives me crazy.
This guy is right on target. Most of the individuals making money selling self help materials/books are making their money on telling what to do. (about 80 percent of them) Rather than actually doing what they are teaching you to do. True wealth is built through PROCESS and PURPOSE driven work. Focus on a deeper purpose over a long period of time. The perks of wealth only satisfy to a degree, it’s a means to an end, not the end goal.
Well... Ramit also has a self help book 😅 but yeah, his advice is solid and I compare it with other sources as well. I'm going to be doing the CSP (macro budgeting) challenge at the end of the year and I'm excited 😊
I listened to your book a while ago. So worth it. Thank you so much for taking the time and energy to help people get a better grasp of the realities of money. Freeing them from the baggage they don't even realize they are burdened with.
The Get Rich Quick scammers sadly prey on the broke and desperate. Unfortunately, the scammers will get at least 10 times more views than real videos like this
I've met some successful doctors and lawyers - almost all of them will say "it's not worth it" financially. If you ask about how hard they work, at best, you'll get something like "it's not that bad", but don't be mistaken, it's hard work and they earn it.
I don't think that's good either. They're also just signaling (and maybe sometimes outright lying) but to a different audience. How much someone works is irrelevant - it's the results that matter.
@factorfitness3713 results usually come from hard work. You can say luck plays a huge part, but even luck favours the people who are ready for it. I agree sometimes they might be signalling or lying but it's still a good message.
Get rich quick schemes are sucker bets. We got there by boring things like payroll deductions into investment accounts, employee matches into 401k accounts, broad market index funds. And the secret sauce - time. I'm retired now and my wife only works because she wants to. We're not part of the Lamborghini set by any means but we are net worth multimillionaires. I suppose we could have had even a little more money but we both put working with good people and living what we call a good life ahead of climbing company ladders and such.
I’ve fallen for one of these scams before. To get rich quick by buying an Amazon Seller course for $8k. Sigh. Wish I had seen this video before falling for it. Thankful for you Ramit!
A small percentage of "gurus" do build wealth for themselves. But they do so by making YOU the product. Vultures who focus on targeting a customer base that is desperate to get rich (and often times, quickly + without making real changes).
It’s always cracked me up. Some of these people DO make a million doing something well - then they make *all the other millions* telling people how they made the first one.
According to the video, here are some tips on how to get rich: Get the basics right: This includes getting enough sleep, being humble, and having a support system. Be coachable: Be willing to learn from others and be open to feedback. Be consistent and celebrate your wins: Don't give up on your goals and take the time to appreciate your accomplishments. Get out of your own head: Don't be afraid to talk to people and get their feedback. Have candid conversations: Be honest with yourself and others about what you want and what you need to do to achieve it. Build wealth: Pay off your debts, build an emergency fund, and invest your money. Surround yourself with positive people: Spend time with people who support your goals and encourage you to be your best.
I appreciate that much of this conversation is: 1) about "successful" people (not solely millionaires or billionaires) and 2) embraces single folks (vs. couples).
Doing more than my 9-5 is too much for me. I don't want to lead, I don't want to be in charge. I just want to be a minion. So I'll continue not spending outside my means, saving my money, investing, and just hanging out and taking life slow. I'm not interested in racing to my grave.
Great advice Ramit. And great advice can be a life-changing turning point for people who are ready to listen. Thanks for great content and changing financial lives for the better!
You absolutely can get rich quick. Usually by being a get rich quick scammer pretending to be rich and giving them a bunch of money for their secret program that's just a bunch of manifesting toxic positivity word salad.
Love this! So thrilled to see Ramit calling out and addressing the plague of "get rich quick" and "look at me" crap that's taken over the internet and social media. Thank you for shedding light over this! 👏👏👏
Worse part is that some people will defend scammers. Even tho when what they be selling you can get it for free or they be pumping and dumping crypto or memes.
You ain’t lying about getting the sleep right. I’ve been dealing with sleep issues for the last three years; I was diagnosed with and began taking treatment for anemia about a year and a half ago. I didn’t really feel the full benefits until this year, but now that I’ve had more energy, I don’t want to stop enjoying my hobbies and go to bed on time; it’s a work in progress 😂
The biggest reason I often criticize college is the cost to benefit ratio. Many people who get the degrees, might genuinely be better off doing something different with their money. I will also say that I know a lot of people who never used the degree, and a few that are in debt because of it. Its a complicated issue and some people are too dismissive of degrees, some ride them too hard. I have also on the flip side known people who paid off their degrees, use them daily and have good reason to have the degrees.
I sat through a "free" copywriting webinar last night hosted by Cardinal Mason just for it to be a pitch for a $4000 coaching program on copywriting with promises of 10-15K a month. There were a few tips but mostly just the sale and hype language. So many of these nowadays.
There are a slew of people giving financial advice on RUclips and most of them are not certified financial planners. One thing that I think would be worth explaining is how the everyday person who is not knowledgeable about personal finance can distinguish between all of the different gurus out there, not just the obvious scammers but those who give financial advice that appears valid on the surface. How would an everyday person differentiate between someone like Robert kiyosak, grant cardone, dave ramsey, or ramit?
Honestly, the good ones are all going to pretty much say the same - or very similar things. The basics are to just live on less than you make, build an emergency fund, eliminate or reduce debt, and auto deposit monthly into an index/mutual fund through your 401(k) or Roth IRA. If you can stick with that for the majority of your working life and maybe purchase a home at some point, it's almost hard not to become wealthy (or at least comfortably retired) in your later years.
OKAY!! OKAY!! Thank you for clarifying that -you do have to hard work to get somewhere. Man, being a woman working for almost 20 years in a "man's position" and hearing that "making millions for little work" scam -made me think sometimes. Like for me, "I been doing this all wrong!". So now coming from a very smart guy that I already read his book and been doing basically what he wrote, I have been doing this all right!!!! THANKS😀👍👍
Then you are probably in a line of work that has very little chance of promotion. If you were in one where there was possibility of advancement, you would be thinking about what happened during the day; did you handle it well; how could you have done better or what would you do differentlyu next time. Because that is the only way you ever get promoted.
They’re people online that sell you a course to getting rich without telling you the reason why they’re rich is because people are buying the course to get rich.
The way Ramit defined the concept of "being coachable" impressed me! I always thought I was coachable because I love working on myself, learning new things, trying new approaches and improving through other people's feedback, but Ramit mentions that being coachable also means being rested and financially safe before investing in asking a professional for help. That's so true and from that angle, I could be doing better. In desperate situations, we're overwhelmed, exhausted and vulnerable (both psychologically and financially) and I have made the mistake in the past of signing up for amazing education and training that I couldn't really enjoy because I was struggling to pay for it. It's difficult to be coachable and see valuable transformation when you're scraping by.
I've always loved Ramit's stuff since I bought his book on being rich in Barnes and Nobles. It gave me a really good start. I don't do things exactly how he does (even though his advice is great), but he helped me obtain the financial literacy I needed to figure out my own way of doing things.
Keytakeaways- Be skeptical of get-rich-quick schemes. Do your research before investing your money. Don't invest in something that you don't understand. Be wary of people who promise you quick and easy money.
Do you consider FIRE to be get rich quick movement or a scam they tend to have to have a quicker time line to asset growth and the goal is ER but they even admit that most people that do FIRE have to work hard and live frugal at the start and those that succeed tend to do other more work but they do use words like middle class trap.
Not a scam IMO. They’re still working, living frugally, and living frugally to achieve that goal. Whether or not you can achieve FIRE depends on your lifestyle, income, and stability of your investments. So the plans are highly individualized.
FIRE is not a get rich quick scheme. It might not work out for everyone, but if you try fire and fail, you still have a lot of savings and investments - just not enough to retire early. Get rich quick schemes aim to take your money and make someone else (the one promoting the scheme) rich.
Ramit is very sceptical of FIRE, in that it can lead to obsessive behaviour re cutting expenses and that people would be better off working an extra 5-10 years and living their rich life.
Not only that, but when they achieve FIRE, more often then not, they then have no more purpose in life. They stagnate and it becomes a boring existence. Just for some, not all.
Getting rich doesn’t matter. Getting wealthy does. And it’s only possible by trusting fundamentals. Either you know the potential of a company/pieces of real estate or invest in broad based index funds and hold long. There’s no shortcut.
I like your life style suggestions, I want to hear more! Kind of like having a friend who becomes a millionaire and learning and mimicking their habits
There is this crypto “educator” in my country who is exactly like mr. Ramit described (young, showy, discredits college, etc). He’s selling a crypto academy for 17 million ($1100) a month for his crypto education and picks. A FREAKING 1100 BUCKS A MONTH, and his customers are youngsters who are not even able to make money themselves
Thank you Remit, I’ve cried when you said to celebrate each success. I’ve made my first 5 figures sales last month, and that figures is what I’ve always set on my goal. I’m grateful at that moment though still felt unsatisfied at the time and let down the compliment or the hype given to me. But when you touch on that topics suddenly I’m bursting into tears, as I truly should given myself a good job well done on my first target achieved. ❤
Scammers are using your pictures to promote various stock trading or crypto schemes via promoted ads on Facebook and pretending to be you which I find incredibly ironic but I also want to help them shut down
Luck is important, as any successful person will tell you. It's one of the reasons you're spending your time lobbing second-rate insults from an anonymous RUclips account with 3 subscribers
@@ramitsethi "Netflix did not become successful because we made a dozen correct decisions. We also got lucky a dozen times." Reed Hastings. "The biggest luck in my life was meeting my mentor, Benjamin Graham. I wouldn't been so successful if I did not meet him." Warren Buffet. "A lot of people were smarter and worked harder than I did. However, the planets aligned for me instead of them." Jeff Bezos.
Love the points on not being afraid to have candid conversations. For those interested in building those skills, I’d highly reco reading: - Nonviolent Communication - Radical Candor - Thanks for the Feedback Real game changers for how to communicate in life and at work
Ramit, I understand that you love LA and NYC. I wish you would stop mocking the midwest (pepper is spicy some places) and (19:33) half of America. You have too much capacity for good to assume those different from you are stupid, uncultured, and unworthy.
I heard what he said at your time-stamp and literally came to the comments to see if anyone else was struck by just how bizarre that comment was to make. Honestly, Ramit talking about money and politics gives me Dr Jeckal and Mr Hyde vibes. He should stick to money lol. And I say this as a centre/left Australian.
It’s a real California thing of his to hate everywhere not California. He’s got a real arrogant tech bro thing going on these days which is amusing to say the least
I see these ads all the time and I always talk back to the screen. If it was really that easy, you wouldn't be "teaching" people how because you'd create competition for yourself and then or wouldn't be so lucrative!!! They got their money (if they even have much) by selling their plan to others..
Ra it Sethi, what do you think of your book adversary MjDemarco, whom is on the side of get rich quick, minimum of 3, around a maximum of 10 years? He talks about not relying on the stock market, but investing in yourself, going from concentration to diversification?
I only listen, watch and learn from our business's billionaire clients lol. I compare what youtubers say vs actual rich and wealthy our business serves.
![Blox Fruits Dragon Rework Update [Full Stream]](http://i.ytimg.com/vi/EqDAp8udhm0/mqdefault.jpg)
"Getting rich is easy. The problem is that most people don't like to get rich slowly." Warren Buffet
warren with the w takes every time lol
Most reasonable investor in the world.
I got my first nvesting stake by simply working 55-hour weeks for 3 years until I’d built up $100k. There are tons of videos saying that the first $100k is the toughest, so I just got it out of the way in my 20s. The most typical response to hearing that is “Three years?! No thanks.” Every broke 20-something that hears it thinks it’s insane... before telling me about their side hustle. ;-)
It's easy when you don't let everyone know your plans because when you tell a small minded person anything they will jinx you.
@@epbrown01 Be careful telling people in your life even your family how much you make or have saved up. Building wealth is also about being discreet and not standing out because people closest to you will exploit you.
As a resident of Florida, I can confirm there are a lot of scammers lol
It’s getting very ATL like.. it wasn’t like this before 2010, it really was a retirement state
Same lol and ALL sorts of scammers too 😂
As a resident of FL scammers love FL because of the elderly. Always one of the top few states for fraud.
Sounds like all the MLM Huns out there claiming a stay-at-home mom can make 6 figures in between changing diapers, meal prep and homeschooling (pockets of time). Drives me crazy.
MLMs for men
I love how you exposed the tactics used by 'get rich quick' scammers and emphasized the importance of long term thinking
works just like cults and he is a pysch major if i remember correctly
@@lowlowseesee yes
This guy is right on target. Most of the individuals making money selling self help materials/books are making their money on telling what to do. (about 80 percent of them) Rather than actually doing what they are teaching you to do. True wealth is built through PROCESS and PURPOSE driven work. Focus on a deeper purpose over a long period of time. The perks of wealth only satisfy to a degree, it’s a means to an end, not the end goal.
lol @ this guy. you must be new and to that I say welcome to the IWT family. Ramit is one of the best
Well... Ramit also has a self help book 😅 but yeah, his advice is solid and I compare it with other sources as well. I'm going to be doing the CSP (macro budgeting) challenge at the end of the year and I'm excited 😊
I listened to your book a while ago. So worth it.
Thank you so much for taking the time and energy to help people get a better grasp of the realities of money. Freeing them from the baggage they don't even realize they are burdened with.
The Get Rich Quick scammers sadly prey on the broke and desperate. Unfortunately, the scammers will get at least 10 times more views than real videos like this
The Tate troll bots losing it 😂
I knew they'd be here as soon as I saw the thumbnail 😂
Sadly some of them are probably real people that have foolishly chosen to base their identities on a criminal.
Nowhere has Andrew Tate ever promised get rich quick or brag about working little. This is false and defamatory
I used to work for your dad at CEC when I was in Engineering school. Tell him Darren said "HI". :)
I will! How nice of you!
@@ramitsethi Amazing! Happy holidays to you and your family!
I've only seen rich people brag about how MUCH they work, never about how little they work
This. I can’t *stand* Elon Musk, but the SOB does put in the hours.
The truly rich usually are usually like that.
I've met some successful doctors and lawyers - almost all of them will say "it's not worth it" financially. If you ask about how hard they work, at best, you'll get something like "it's not that bad", but don't be mistaken, it's hard work and they earn it.
I don't think that's good either. They're also just signaling (and maybe sometimes outright lying) but to a different audience. How much someone works is irrelevant - it's the results that matter.
@factorfitness3713 results usually come from hard work. You can say luck plays a huge part, but even luck favours the people who are ready for it.
I agree sometimes they might be signalling or lying but it's still a good message.
The accuracy of this video is profound. I love all that you do, Ramit!
Get rich quick schemes are sucker bets. We got there by boring things like payroll deductions into investment accounts, employee matches into 401k accounts, broad market index funds. And the secret sauce - time. I'm retired now and my wife only works because she wants to. We're not part of the Lamborghini set by any means but we are net worth multimillionaires. I suppose we could have had even a little more money but we both put working with good people and living what we call a good life ahead of climbing company ladders and such.
I really like you as a person. Not just your financial advice, but you as a person.
I’ve fallen for one of these scams before. To get rich quick by buying an Amazon Seller course for $8k. Sigh. Wish I had seen this video before falling for it.
Thankful for you Ramit!
You live and you learn. Leave the past behind you and move on. God bless and happy holidays to you.
I subscribed, you seem very genuine and real. I am an average person looking to win at life in a legal respesctable honest way and you re inspiring
Google has a quantum computer but can’t get the crypto bots out of the comments 😂
Dude the crypto bots USE the quantum computers 🤣🤣
loooooooool
It's funny, but the computer engineer in me can't stop cringing on how technically inaccurate the assumptions behind this statement are 😅
@@Sincrow 😭😭
😂@@Sincrow
A small percentage of "gurus" do build wealth for themselves. But they do so by making YOU the product. Vultures who focus on targeting a customer base that is desperate to get rich (and often times, quickly + without making real changes).
It’s always cracked me up. Some of these people DO make a million doing something well - then they make *all the other millions* telling people how they made the first one.
According to the video, here are some tips on how to get rich:
Get the basics right: This includes getting enough sleep, being humble, and having a support system.
Be coachable: Be willing to learn from others and be open to feedback.
Be consistent and celebrate your wins: Don't give up on your goals and take the time to appreciate your accomplishments.
Get out of your own head: Don't be afraid to talk to people and get their feedback.
Have candid conversations: Be honest with yourself and others about what you want and what you need to do to achieve it.
Build wealth: Pay off your debts, build an emergency fund, and invest your money.
Surround yourself with positive people: Spend time with people who support your goals and encourage you to be your best.
I appreciate that much of this conversation is: 1) about "successful" people (not solely millionaires or billionaires) and 2) embraces single folks (vs. couples).
What a great video! Thanks for articulating the use of social proof and the derision of 9-5.
Doing more than my 9-5 is too much for me. I don't want to lead, I don't want to be in charge. I just want to be a minion. So I'll continue not spending outside my means, saving my money, investing, and just hanging out and taking life slow. I'm not interested in racing to my grave.
This video deserve 100M views
This is why I love Ramit! 😂
Thanks for this video. I really felt this.
Awesome video on these people Ramit!
Great advice Ramit. And great advice can be a life-changing turning point for people who are ready to listen. Thanks for great content and changing financial lives for the better!
The Graham Stephan face was funny.
I don't think 'get rich quick schemes' are the biggest issue with Andrew Tate.
I was thinking the same thing.
Well sure, but this isn't an Andrew Tate takedown video. Ramit does financial content and stays in his lane.
lol
😂
You absolutely can get rich quick.
Usually by being a get rich quick scammer pretending to be rich and giving them a bunch of money for their secret program that's just a bunch of manifesting toxic positivity word salad.
Love this! So thrilled to see Ramit calling out and addressing the plague of "get rich quick" and "look at me" crap that's taken over the internet and social media. Thank you for shedding light over this! 👏👏👏
Call em out Ramit!!!
Worse part is that some people will defend scammers.
Even tho when what they be selling you can get it for free or they be pumping and dumping crypto or memes.
You ain’t lying about getting the sleep right. I’ve been dealing with sleep issues for the last three years; I was diagnosed with and began taking treatment for anemia about a year and a half ago. I didn’t really feel the full benefits until this year, but now that I’ve had more energy, I don’t want to stop enjoying my hobbies and go to bed on time; it’s a work in progress 😂
What I do is look at the conflict of interest because everyone has one or more. And what type of fear are they trying to make.
The biggest reason I often criticize college is the cost to benefit ratio. Many people who get the degrees, might genuinely be better off doing something different with their money. I will also say that I know a lot of people who never used the degree, and a few that are in debt because of it. Its a complicated issue and some people are too dismissive of degrees, some ride them too hard. I have also on the flip side known people who paid off their degrees, use them daily and have good reason to have the degrees.
Get Rich Quick Gurus is basically Robert Kiyosaki to the T. LOL I just heard The Financial Diet breaking down his book
I sat through a "free" copywriting webinar last night hosted by Cardinal Mason just for it to be a pitch for a $4000 coaching program on copywriting with promises of 10-15K a month. There were a few tips but mostly just the sale and hype language. So many of these nowadays.
Thanks for continuing to be a voice of reason and standing up against bullies and scammers.
There are a slew of people giving financial advice on RUclips and most of them are not certified financial planners. One thing that I think would be worth explaining is how the everyday person who is not knowledgeable about personal finance can distinguish between all of the different gurus out there, not just the obvious scammers but those who give financial advice that appears valid on the surface. How would an everyday person differentiate between someone like Robert kiyosak, grant cardone, dave ramsey, or ramit?
Honestly, the good ones are all going to pretty much say the same - or very similar things. The basics are to just live on less than you make, build an emergency fund, eliminate or reduce debt, and auto deposit monthly into an index/mutual fund through your 401(k) or Roth IRA. If you can stick with that for the majority of your working life and maybe purchase a home at some point, it's almost hard not to become wealthy (or at least comfortably retired) in your later years.
I don’t think these 4 would get along. 😂😂😂😂
They don’t need to be a CFP. That’s just a marketing brand.
OKAY!! OKAY!! Thank you for clarifying that -you do have to hard work to get somewhere. Man, being a woman working for almost 20 years in a "man's position" and hearing that "making millions for little work" scam -made me think sometimes. Like for me, "I been doing this all wrong!". So now coming from a very smart guy that I already read his book and been doing basically what he wrote, I have been doing this all right!!!!
THANKS😀👍👍
At 45 yo, I work 7a - 4p. 401k almost $xxx,xxx. Home paid, cars paid. Kids graduated 1- a Marine, 2- colleges.
Uncle Ramit spitting facts! Let’s go!!
coming back everytime this is liked
9to5 jobs are great if those paid well. I’m thinking 0% about job/work outside of these hours.
Then you are probably in a line of work that has very little chance of promotion. If you were in one where there was possibility of advancement, you would be thinking about what happened during the day; did you handle it well; how could you have done better or what would you do differentlyu next time. Because that is the only way you ever get promoted.
I freaking LOVE Ramit!!! His realness is so appreciated!
They’re people online that sell you a course to getting rich without telling you the reason why they’re rich is because people are buying the course to get rich.
This was awesome Ramit. Clear and Direct points. Our mindset plays a big part in getting us to our goal.
You're describing every crypto bro on Tik-Tok 😂
Great video. I appreciate the positivity 🤝🏾
The way Ramit defined the concept of "being coachable" impressed me! I always thought I was coachable because I love working on myself, learning new things, trying new approaches and improving through other people's feedback, but Ramit mentions that being coachable also means being rested and financially safe before investing in asking a professional for help. That's so true and from that angle, I could be doing better. In desperate situations, we're overwhelmed, exhausted and vulnerable (both psychologically and financially) and I have made the mistake in the past of signing up for amazing education and training that I couldn't really enjoy because I was struggling to pay for it. It's difficult to be coachable and see valuable transformation when you're scraping by.
The best way to get rich is sell products to people on how to get rich…like this guy
My fav is the classic cycle of "buy my book or course to get rich like me", as if that's not the reason they're rich
Ramit, thanks for being authentic.
The amount of scammers who do Tedd Talks is quite remarkable.
I always wondered how they are vetted.
Fantastic video!! Just unrelated, Ramit's shirt is perfect.
One of his rich life criteria is nice clothes
Great video! Thanks Ramit!
I've never seen a guru forget to put a microphone in front of their face when they're recording.
appreciate you ramit 🤝
This was a great great episode!!!!
Dude, love your videos. I love the sweater you are wearing in this video. Fire!!!
Best compliment of all. Thank you
I've always loved Ramit's stuff since I bought his book on being rich in Barnes and Nobles. It gave me a really good start. I don't do things exactly how he does (even though his advice is great), but he helped me obtain the financial literacy I needed to figure out my own way of doing things.
Ramit, I absolutely love the content you and your Team create. This is probably one of the best videos so far. Keep it up! ❤
Keytakeaways-
Be skeptical of get-rich-quick schemes.
Do your research before investing your money.
Don't invest in something that you don't understand.
Be wary of people who promise you quick and easy money.
Do you consider FIRE to be get rich quick movement or a scam they tend to have to have a quicker time line to asset growth and the goal is ER but they even admit that most people that do FIRE have to work hard and live frugal at the start and those that succeed tend to do other more work but they do use words like middle class trap.
Not a scam IMO. They’re still working, living frugally, and living frugally to achieve that goal. Whether or not you can achieve FIRE depends on your lifestyle, income, and stability of your investments. So the plans are highly individualized.
FIRE is not a get rich quick scheme. It might not work out for everyone, but if you try fire and fail, you still have a lot of savings and investments - just not enough to retire early. Get rich quick schemes aim to take your money and make someone else (the one promoting the scheme) rich.
Ramit is very sceptical of FIRE, in that it can lead to obsessive behaviour re cutting expenses and that people would be better off working an extra 5-10 years and living their rich life.
Not only that, but when they achieve FIRE, more often then not, they then have no more purpose in life. They stagnate and it becomes a boring existence. Just for some, not all.
FIRE is definitely not a get-rich-quick movement. It's the opposite! But it has its problems: ruclips.net/video/_IYhLppT0Ik/видео.html
HE DID IT🎉🎉🎉 Nice Ramit
Lots of scammers in these comments. Watch out everyone.
Getting rich doesn’t matter. Getting wealthy does. And it’s only possible by trusting fundamentals. Either you know the potential of a company/pieces of real estate or invest in broad based index funds and hold long. There’s no shortcut.
Imagine that. A self-help guru telling me not to watch another self-help guru.
So on point!
I like your life style suggestions, I want to hear more! Kind of like having a friend who becomes a millionaire and learning and mimicking their habits
Ramit. I'm taking my wife and my teen to see you at SF Palace of Fine Arts next month. Got to get the next gen. investing sooner than we did..
Tate absolutely never talked about getting rich quick. He literally talks about the opposite, getting rich through hard work.
Fantastic video, thank you
I just got your book and can't wait to read it this weekend! Thanks for helping us normal people!
You are one hundred percent right. The world needs to hear that. You are real Mr. Ramit.
There is this crypto “educator” in my country who is exactly like mr. Ramit described (young, showy, discredits college, etc). He’s selling a crypto academy for 17 million ($1100) a month for his crypto education and picks.
A FREAKING 1100 BUCKS A MONTH, and his customers are youngsters who are not even able to make money themselves
Thank you Remit, I’ve cried when you said to celebrate each success.
I’ve made my first 5 figures sales last month, and that figures is what I’ve always set on my goal.
I’m grateful at that moment though still felt unsatisfied at the time and let down the compliment or the hype given to me.
But when you touch on that topics suddenly I’m bursting into tears, as I truly should given myself a good job well done on my first target achieved. ❤
This guy is the truth!
Scammers are using your pictures to promote various stock trading or crypto schemes via promoted ads on Facebook and pretending to be you which I find incredibly ironic but I also want to help them shut down
Ramit we do have a lot of get rich quick scammers in SF. We call them VCs.
Thumbs down soon as I heard "luck" is important for building wealth. I hope she sees this video, bro.
Luck is important, as any successful person will tell you. It's one of the reasons you're spending your time lobbing second-rate insults from an anonymous RUclips account with 3 subscribers
@@ramitsethi I suspect the irony is completely lost on you.
@@ramitsethi "Netflix did not become successful because we made a dozen correct decisions. We also got lucky a dozen times." Reed Hastings. "The biggest luck in my life was meeting my mentor, Benjamin Graham. I wouldn't been so successful if I did not meet him." Warren Buffet. "A lot of people were smarter and worked harder than I did. However, the planets aligned for me instead of them." Jeff Bezos.
Love the points on not being afraid to have candid conversations. For those interested in building those skills, I’d highly reco reading:
- Nonviolent Communication
- Radical Candor
- Thanks for the Feedback
Real game changers for how to communicate in life and at work
It’s because cookies are just too good 😂
So so glad you posted those old school pics Ramit! Geez I still remember all those guys! BVHS!
Thank you for sharing!
Preach Ramit, Preach!
“You’re going to hell for sure” 😂😂😂
10:52 Will it be available in the UK?
I think the Florida/Puerto Rico is also driven by people’s idea of luxury being tied to the tropics.
nothing like a quick trip to Aspen, Jackson Hole or Whistler to have the mountains make you feel poor lol.
@ haha 😆 so true👍
Ramit, I understand that you love LA and NYC. I wish you would stop mocking the midwest (pepper is spicy some places) and (19:33) half of America. You have too much capacity for good to assume those different from you are stupid, uncultured, and unworthy.
Thank you. I’m often taken aback at how he can be so nuanced about some things, but very insulting and dismissive towards others.
I heard what he said at your time-stamp and literally came to the comments to see if anyone else was struck by just how bizarre that comment was to make. Honestly, Ramit talking about money and politics gives me Dr Jeckal and Mr Hyde vibes. He should stick to money lol. And I say this as a centre/left Australian.
It’s a real California thing of his to hate everywhere not California. He’s got a real arrogant tech bro thing going on these days which is amusing to say the least
I see these ads all the time and I always talk back to the screen. If it was really that easy, you wouldn't be "teaching" people how because you'd create competition for yourself and then or wouldn't be so lucrative!!!
They got their money (if they even have much) by selling their plan to others..
Success happens every day. Success happens along the way.
Red fish, blue fish, one fish two fish, Sam I am give me green eggs and ham ❤
please release your new book sooner because I have added it to my christmas list 😅😅
Living in LA or NYC is not a flex.
Californians love to punch down on the rest of the country.
Dont forget gatekeeping as well
Lots of bots in this comment section...
Worst are the ones who film themselves like they're in some interview. It's kind of sad and pathetic! 😂
I think the other side people don’t talk about that often is actually trying to rise up the corporate ladder while applying ur money principles
I loved the video but my librarian feelings were a little hurt by the comments about reading books. 😂
He’s pretty arrogant these days.
Ra it Sethi, what do you think of your book adversary MjDemarco, whom is on the side of get rich quick, minimum of 3, around a maximum of 10 years? He talks about not relying on the stock market, but investing in yourself, going from concentration to diversification?
I only listen, watch and learn from our business's billionaire clients lol. I compare what youtubers say vs actual rich and wealthy our business serves.