I am absolutely blown away by how much knowledge Garrett can give out. It literally took me 4 hours to watch this, and I took 9 pages of notes, and I still didn't get it all. He tought me more in one video, than I learned in 8 semesters of school. Garrett is definitely on my short list of favorite people to listen to, and learn from. Thank you!
The main points will go over lots of heads or most likely, people will pick & choose what they want to hear. There is so much learned wisdom in this segment that it has to be watched & studied in segments.
Garrett hit two of my investing strategies: 1. sit in cash and buy only on red days 2. The market always transfer wealth from the impatience to the patience
Harness Your Behavior. Lots of good nuggets here for people. The key is to get going. The best day to start getting your finances in order is yesterday. The second best day is today. Don't get caught up in the minutia. See the Forest!
This is awesome stuff. Thank you for putting this together. While I appreciate the day to day q&a, having the big picture presented here is essential for keeping focus. Thanks again.
What is some good investments for someone in there early 20’s? No debt but steady income of 60,000 looking for financial freedom… would purchasing rental properties in FL be the right route ?
Don't get caught up competing to show your wealth. I would also agree, learn how to invest in rental property. Perhaps buy the board game 'Cashflow' and find people who would play. Its a good training tool. Find a mentor who will teach you from their mistakes.
What Would the Rockefeller's Do?, Now titled, What Would Billionaires Do? You can find it here: What Would Billionaires Do?: wealthfactory.com/go/?p=wealthlabs&w=bsb-wl
How could i pay no taxes or even less taxes. I make 60k a year roughly. Married with one income 2 kids. One mortgage no debt? Would love some help on starting my cashflow.
Hey Garrett, you have good videos! Really appreciate these 👍 I have been binge watching most of them in the recent days. What do you thing about generating cash flow via trading options (selling premium)? I've been studying trading and options for many years, and now been trading options seriously for couple years. My thesis is, it's best to be the "insurance company" with options (cash flow). Last year i made 50%, this year i'm up 100% already on half a year. Yeah. It's risky if you get greedy and over leverage. I mostly do a cash secured positions, so no danger or margin calls. Have a nice summer! Cheers from Finland 🍺
atthe end of the day insurance company do invest on stocks, it is how you invest is the question,and you do need money,to max fund your insurance, so how can you max fund your insurance.
They have a small amount in stocks. Not much. Best way to fund is to find money. Save on tax, interest, or other inefficient insurance design. Make more money and store savings in cash value. If there isn't enough cash flow then buy term and invest in your skills and ability to earn more first.
Ok so how about this ethical problem - rich will hire all those financial teams and will pay less taxes, while poor will be paying more taxes. Is that the world you'd like to live in? Do you think of taxes as a way of a government to fool you and get free money from you to do ... what?
Thank you
You are welcome.
I am absolutely blown away by how much knowledge Garrett can give out. It literally took me 4 hours to watch this, and I took 9 pages of notes, and I still didn't get it all. He tought me more in one video, than I learned in 8 semesters of school. Garrett is definitely on my short list of favorite people to listen to, and learn from. Thank you!
The main points will go over lots of heads or most likely, people will pick & choose what they want to hear.
There is so much learned wisdom in this segment that it has to be watched & studied in segments.
I agree
Absolutely 🎯
WOW! This man right here! I learned more in this video than I have learned in a lifetime of 33 years so far.
What. That's insane. So happy it is that useful. Awesome
Garrett hit two of my investing strategies: 1. sit in cash and buy only on red days 2. The market always transfer wealth from the impatience to the patience
Harness Your Behavior. Lots of good nuggets here for people. The key is to get going. The best day to start getting your finances in order is yesterday. The second best day is today. Don't get caught up in the minutia. See the Forest!
This is so knowledgeable and entertaining at the same time! Thank you!
Glad you enjoyed it!
Thank you
You're welcome
Wow 😮 amazing information!
Thanks! Love hearing that!!!
Thank you!
You're welcome!
Great nuggets here.💥💥💥
Thank you !!!!!!!!!!!!
I'm loving your teaching ♥
Thank you. Makes me feel warm and fuzzy inside😉. Love hearing it.
Great content !
❤❤❤❤thank you
You are so very welcome.
This is awesome stuff. Thank you for putting this together. While I appreciate the day to day q&a, having the big picture presented here is essential for keeping focus. Thanks again.
What is some good investments for someone in there early 20’s? No debt but steady income of 60,000 looking for financial freedom… would purchasing rental properties in FL be the right route ?
buy rental properties, buy cash flowing businesses ( and hire good people to run it).
Have a financial advisor
If you buy rental properties please don't be a shitty landlord.
hi
Don't get caught up competing to show your wealth. I would also agree, learn how to invest in rental property. Perhaps buy the board game 'Cashflow' and find people who would play. Its a good training tool. Find a mentor who will teach you from their mistakes.
Awesome 🔥
Thanks 🔥
I know this is an older video, but the Augusta rule is up to 14 day. He said 15 days or less. That one day matters.
14 days. Correct. Thanks for clarifying.
Which Rockefeller book are you talking about in this video?
What Would the Rockefeller's Do?, Now titled, What Would Billionaires Do? You can find it here: What Would Billionaires Do?: wealthfactory.com/go/?p=wealthlabs&w=bsb-wl
Lather rinse repeat this message over and over again
How could i pay no taxes or even less taxes. I make 60k a year roughly. Married with one income 2 kids. One mortgage no debt? Would love some help on starting my cashflow.
"those who can do... do.... those who can't......"
Hey Garrett, you have good videos! Really appreciate these 👍 I have been binge watching most of them in the recent days. What do you thing about generating cash flow via trading options (selling premium)? I've been studying trading and options for many years, and now been trading options seriously for couple years. My thesis is, it's best to be the "insurance company" with options (cash flow). Last year i made 50%, this year i'm up 100% already on half a year. Yeah. It's risky if you get greedy and over leverage. I mostly do a cash secured positions, so no danger or margin calls. Have a nice summer! Cheers from Finland 🍺
atthe end of the day insurance company do invest on stocks, it is how you invest is the question,and you do need money,to max fund your insurance, so how can you max fund your insurance.
They have a small amount in stocks. Not much. Best way to fund is to find money. Save on tax, interest, or other inefficient insurance design. Make more money and store savings in cash value. If there isn't enough cash flow then buy term and invest in your skills and ability to earn more first.
Too bad I don't have a business that I can take advantage of any of this. Tried it already and lost lots of money
Anyone who talks bad of others is to try to shine
Hey, I'll probably move to Ecuador or Colombia at some point! LOL
This aged very well. Everything is melting.
Ok so how about this ethical problem - rich will hire all those financial teams and will pay less taxes, while poor will be paying more taxes. Is that the world you'd like to live in? Do you think of taxes as a way of a government to fool you and get free money from you to do ... what?
I'm filming a video response. Coming soon.
Yet another missed chance to say, "I'm not yelling, I'm just Italian"
True and funny.
Thank you.
Thank you!!!
Thank You!!!!
Thank you!!!!
Thank you!!!
Thank you