This is soo cool that you take the time to give away education like this. Owning 10,000+ units I know you don’t have to give us this Game. So thank you, Ken.
You can grow pine trees and every seven years sell the trees to Georgia Pacific to make toilet paper. I heard a story about a couple who won the lottery and yhey bought land to grow pine trees. They grow straight up and don't need much space between them. Every 7 years sells a karge crop for a lot of money. Houses and McDonald's aren't the only way to make money. Growing little plants make money too.
one of your best. One of the best pieces of advice my Father gave me when I was a kid is, "Don't blame anyone else! Be a man and take responsibility for your actions!"
This was the BEST explanation of wealth creation I've EVER heard!! Wow!! The rich invest in natural resouces!! Thank you Ken for the education and transformation! God bless you!🤗❤🥂
So, this must be that Warren Buffett or Ray Dalio are not rich? Do you know that biggest money created first of all in trade, then in manufacturing then in resources.
@@zinturis there is no money without resources. Money is a measure of resources, if we had money and no resources then we would just have paper. Warren Buffets portfolio is down about $50 billion this year. Ken said that you can accumulate money in stock, but if you actually own the physical materials that society needs then you have less risk, if you own the worlds supply of lithium and it is needed for car batteries, then you're in at ground level.
@@superduper9357 So, if Australia has vast natural resources it means they have less risk, correct? But what if when times are really good and American's are buying everything that China is making with the earth resources of Australia and then things change and China stops making as much as they were.... because the American are buying less, or there's a guy named Trump who wants to mix things up just for kicks... and the Australians have taken on a lot of debt... and with the chinese buying less they do not have the money to make their payments, even just to pay the interests on the debt, let alone the principle. What happens then? Do prices of homes go down in Australia? Do suicides go up? Perhaps both?
ROBERT IS SCAM ARTIST, CHECK BBB.ORG TO SEE HUNDREDS THOUSANDS OF CUSTOMER COMPLAINTS WHOSE CREDIT CARDS WERE MAXXED OUT INSTEAD OF MONTHLY SUBSCRIPTION
You are fantastic Ken! Truly a real teacher. Thankful and grateful for each of your videos. Please keep them coming, because you are providing true value.
Everytime I'm watching from the rich dad's advisors through youtube, I feel like I'm in that situation and talking to these great people and having it for freee
When this video came out, I was still living in Illinois, packing everything up. We fled about 2 weeks later for Florida. We lost almost everything in IL and were fortunate enough to start over in FL. At this moment, I "control" over $2 Million worth of real estate. Gonna keep going...
I love how he starts off his videos WITHOUT showing the cars and houses and jewelry and travel and all the bling. Man I hate that. It’s such an obvious con when they do that.
Thank you, Ken! I really like your emphasis on the "transformation" part of change. It's so critical to moving forward. And the 3 Tiers of Wealth. It seems like we are on the cusp of Big Changes in how things work in this country!
I like to use the word "wealthy" for those who have assets that are generating wealth for them. I use the word "rich" for those who have a lot of money (perhaps some musicians, sports stars, people who inherited a lot of money, etc.), but aren't investing that money in assets but instead buying really expensive toys. They usually tend to find themselves poor pretty quickly!
Ken you did a good job on this presentation; all of the resources that the Lord has made for us on and in the earth are the true commodities of wealth-ty for your time. Blessings, the Elams, TX
Subscribed! You have a very good message. Particularly @1:51; "the situation we are all in, are based off of the choices we've all made." Look forward to hearing more.
Self study is great. Went from a technician to an engineer. Learned the market and the two basic types. The market casino is in the "Value" of a stock. Stock pays no dividends. All money made on the table was paid by someone else buying a seat, so there is only invested value. Invested value vanishes in a run on the bank. Look for these stocks. High PE heading to the stars and paying no dividends. This is casino chips made of plastic with no worth in the plastic itself. We have seen the gamblers run on the bank in 2000, 2008, 2020, Look at the rise, the slide, and the run on the bank. Now look at other stocks well over 60 in PE and paying none to very little dividends. See a repeating trend? Rising with no end in sight, slowing rise, then nervousness, some pull back, some slides, until the slide starts momentum in selling off and value starts vanishing. The other type of stock is dividend stock. Money is from company profit sharing. To get a dividend, the company must be profitable and get earnings for the cost of the shares. This is where PE comes in. A PE of 100 means for the price of 100 the Company earns 1 dollar or 1% of the price. Dividends if paid are from a portion of the earnings. I don't like yields under 1% on investment so a PE 100 or more is simply a casino chip. To get dividends, look for a PE under 20, and the company is paying over 10% in yields. These are not your superstar Amazon, Home Depot, Zoom Video, etc. These are boring utilities, pipelines, ISP's, phone companies, some banks, etc. In the last market sale, the news of the oil prices hit the price of everything related to oil. Oil price was down. Oil consumption was down only 30%. Pipeline stocks were down more than 70%. Free oil is still transported for a fee. Bought a pipeline stock for 5.15. Got the first quarter dividend of 0.311 per share. Due to the sale price the return is 24% annually in dividends. Due to actual stock worth, the price today is 8.75 an increase of 70% in price on top of the dividend in just 5 weeks. This is what knowledge gives you. Look for stock worth something to the investor that is not over valued. Buy low and sell that Amazon already. It is at an all time peak. Don't hold for fear of missing out. The crash is no fun to be in. Rode that coaster over the top with Intel in Aug to Dec 2000. It never recovered to $72 per share. Adjusted for inflation that would need to reach well over $120 per share. Do you expect a rapid recovery when Amazon repeats the dot com tech bubble? They are on the same track.
Yeah, lets see if "wealthy" actually invest in "primary" - None of the top 10 at Forbes 400 have anything to do with natural resources - it's all about information & Data: Bezos (amazon), Gates (MS), Zuckerberg (FB), Buffet, Larry Ellison (Oracle), Balmer (Microsoft), Musk (AI-enabled auto & energy). Kiyosaki and his crew keep on selling illusions marketed as "education".
@@kiaurash There is a huge difference between how they initially make money and where they store their wealth. The people you listed have large tertiary wealth (company stocks) and are moving that wealth into primary assets. Gates is now the largest private owner of farmland (242,000 acres), Bezos owns 420,000 acres of land, mostly in West Texas (oil). www.forbes.com/sites/arielshapiro/2021/01/14/americas-biggest-owner-of-farmland-is-now-bill-gates-bezos-turner/?sh=437d96206096
@@briancroston1684 $1 in oil 30 years ago is worth $1.25 today. $1 in SP500 30 years ago is worth $5.83 today. No one makes money by investing in primary. People use it as a store of value, not as an income stream. This video is misleading because it mixes the two. Of the 3 stages, the secondary stage makes the most money because they are the ones adding value and doing the most work. Trees and oil are great, but absolutely worthless without secondary businesses. Tertiary is just a passive way to invest in secondary.
Big question is what can an average worker do to apply these knowledge without being rich yet? Regardless it will be hard to make more money or find jobs during the next few years for most people. To be frugality, simple living, DIY, learn practical skills, work from home job/business, and self/community reliance are needed.
@@KenMcElroy Thank you so much Ken. I just had dinner with a friend and come to find out it's a mutual friend between us :) Also, the link did not take me to the board.
The stock market is the most profitable venture, with plenty of opportunities to earn some decent payouts. Unfortunately most investors are too eager to make some quick cash. Making reasonable profits in the stock market requires skill, patience and the right setup.
Single-family homes and townhouses. That is where my wife and I are storing our wealth, AND, at the same time, have created a success small business! We allow our Accountant to take 100% Depreciation, on each property, which allows for VERY LITTLE Federal and State Taxes to be taken out!! This is called "Postponement of the paying of Taxes". When you pay the taxes, re-capturing of taxes are at 20%, is when you sell the property! In the meantime, you have 28.5 years to Depreciate your Real Estate assets!! This allows you to really GROW your business, during this time period, by using your hard-earned money on buying more properties, and not towards paying taxes!! Of course, there is the Local Taxes that must be paid! Over 1 to 2 decades of time, or more, you can see the Asset Appreciation of your properties as they follow both inflation AND the performance of your local, housing market. So...what he is saying is....we have almost 20 loans, meaning mortgages, on 20 houses. And since each house is rented out, our TENANTS are paying off the 30 year-fixed mortgage! THOSE are the loans we like, everything else about our business is run by cash! JUST a thought. When the US DOW fell about 50% between March and June in 2020, my single-family homes did NOT go down 50%! They did not even drop 5%. And what if my properties went down 5% to 10% for 3 to 6 months....I am STILL collecting rent from professional people in the Health Care and IT Industry!! Or, they are retired or they are in the process of retiring over a 1-3 year period of time.
Ken IMO *Your Golden Nugget* *Self Education* By far was the most valuable information you could have shared. This is where you get specific on the niche market to make big bucks.
Hello, thanks for the great videos. Can you explain how housing market will crash and price of homes will go down, if our dollar value goes down same time? What will be the different this time. please let me know what you think. Thank you.
genuine question: What tier would digital currencies such as bitcoin to fall under? Primary? With built in scarcity, it behaves as though it were digital gold. If society eventually accepts digital currencies as a store of value, the only real issue I see would be it's current volatility. There doesn't seem to be much reason why cryptocurrencies would be considered anything other than a natural resource.
This great break down. Pretty some advanced Macro Economic going which is explIn in one video. I have just come across you video as an economist u get to point thanks
An aquifer is an underground layer of water-bearing permeable rock, rock fractures or unconsolidated materials. Groundwater can be extracted using a water well. The study of water flow in aquifers and the characterization of aquifers is called hydrogeology
Very good presentation on how to invest. For years i have touted don't let the guys with the suit and tie's handle your money! This explains it the best i have seen so far.
Great Video. I GET IT!!! Just like paper will never measure up to physical gold when it comes to real value, natural resources will always have real value.
Ken, you also have depreciation through wear and tear, maintenance, and the payroll to have it repaired and cleaned. This must all be considered. Everyone has a different situation, also a different level of tolerance. There is risk in real estate too. Everything must be weighed out.
How many lightbulb did Thomas Edison make before it worked. He said they weren’t failures but learning experiences. My learning experience was Dec 1974. I was a newlywed in college. My wife and I had $17 in our checking account. Our student loan was late and had to borrow money from my in-laws to keep us afloat until my loan arrived. From that point on I was determined to be independent money wise. Real estate became that medium for escape. Graduated from college- went to OCS and became a Marine Corps officer.. While my Marine buddies bought Corvettes etc I bought a used Fiat. Rather than make car payments we bought real estate. Never lived on base but bought a house and kept them. Problem is we were so frugal for so long it has become hard to spend our income- I have a 1998 Ford pickup- can’t bring myself to buy a new one.
Ken-I’m a new subscriber. I am 44, and have gone through a really bad situation in the last 3 years, and I am having a hard time digging out, and am involuntarily stuck in a situation where I am forced to live on $1300 a month. I really wish I could tell my story here, but it would take up the entire comments section...please if you can, reply here, point me in the right direction.
Not if you're receiving Section 8 rents!!! 100% payments received and depending on the state "if" the tenant loses their job..the program pays 100% of the rent.
Ok g. McElroy but please then explain how one should invest in primary natural resources like oil, coal, water. This is just listing, we need examples from starting point to closing deal. It would be good if you can nake a video about it.
This is a valuable video. I started investing in the tertiary years ago, then the secondary two years ago, recently shifted to primary. I’ve never heard these terms, so I thank you for explaining
thank you very much Ken I listen to you I thought I'm listening to Robert kiyosaki you people are having the same motivated lectures i am taking my classes from you guys, I really enjoying your lecture thank you
Thank You for your teaching/experience/wisdom Ken. I like the natural resource one; just reminding You brothers, USA has a Lot of land/natural resource one, is a Big natural advantage/blessing; You only need to Open your eyes and work Smart on it. Cheers, respect from Guatemala
@@michaelswami Yes, many drillers sucked the resources from trhe actual land owners without paying licenses or royalties -- the REAL ROAD to much wealth is by CHEATING!!
I like the video. Specially with the piramide, I see some things more clearly. But only one confusion, in the middle section. How to invest in the business, I thought it was possible only with paper trough the stocks?!
Great video buddy, could you go deeper into how to invest in the tertiary? Do you mean buying land or stocks in companies that are producing at the tertiary levels or both?
It’s Jeffrey, I do think we are looking at lots of opportunities in front of us in the “new normal” I’m talking both lots of money to be made, and more importantly a new way to live your best life! We are working hard to help others get there!!!
This is soo cool that you take the time to give away education like this. Owning 10,000+ units I know you don’t have to give us this Game. So thank you, Ken.
You can grow pine trees and every seven years sell the trees to Georgia Pacific to make toilet paper. I heard a story about a couple who won the lottery and yhey bought land to grow pine trees. They grow straight up and don't need much space between them. Every 7 years sells a karge crop for a lot of money. Houses and McDonald's aren't the only way to make money. Growing little plants make money too.
Tree farm....my kind of retirement job.
Perenials too! ... Cannabis flowers are about 1200-1800 per pound! pre tax of course... Its tracked and traced for licensed growers...
Let me get a nice Forest deferral tax break on that tree farm too
This guy is a bonafide investor and truly trying to share good info. thank you for existing. he tries to be objective.
one of your best. One of the best pieces of advice my Father gave me when I was a kid is, "Don't blame anyone else! Be a man and take responsibility for your actions!"
"..if you can change your habits, then you're gonna change your results...." Love this!
Me Too!!.
WOW ! I just got a College education for free ! Pure Gold. Thank you Ken !
What they'd teach you in college is that capitalism is evil.
This was the BEST explanation of wealth creation I've EVER heard!! Wow!! The rich invest in natural resouces!! Thank you Ken for the education and transformation! God bless you!🤗❤🥂
So, this must be that Warren Buffett or Ray Dalio are not rich? Do you know that biggest money created first of all in trade, then in manufacturing then in resources.
zinturis that’s money, not wealth
@@zinturis there is no money without resources. Money is a measure of resources, if we had money and no resources then we would just have paper. Warren Buffets portfolio is down about $50 billion this year. Ken said that you can accumulate money in stock, but if you actually own the physical materials that society needs then you have less risk, if you own the worlds supply of lithium and it is needed for car batteries, then you're in at ground level.
zinturis they are rich but they need a base that has intrinsic value upon which they can accumulate paper.
@@superduper9357 So, if Australia has vast natural resources it means they have less risk, correct?
But what if when times are really good and American's are buying everything that China is making with the earth resources of Australia and then things change and China stops making as much as they were.... because the American are buying less, or there's a guy named Trump who wants to mix things up just for kicks... and the Australians have taken on a lot of debt... and with the chinese buying less they do not have the money to make their payments, even just to pay the interests on the debt, let alone the principle. What happens then? Do prices of homes go down in Australia? Do suicides go up? Perhaps both?
Thank you for stating that. I laugh when people point fingers and blame others, rather than studying, learning, and improving yourself.
You are very generous. Thank you very much for sharing with us, for free, your knowledge
I heard all these concepts from Robert Kiyosaki. But I understand it better from you. Thank you.
Ken explain smoothly, Robert is more of a tough teacher, great teachers
Ken is spitting facts not fear .
For real, For real
ROBERT IS SCAM ARTIST, CHECK BBB.ORG TO SEE HUNDREDS THOUSANDS OF CUSTOMER COMPLAINTS WHOSE CREDIT CARDS WERE MAXXED OUT INSTEAD OF MONTHLY SUBSCRIPTION
ASHWANI SAXENA agreed.
You are fantastic Ken! Truly a real teacher. Thankful and grateful for each of your videos. Please keep them coming, because you are providing true value.
Everytime I'm watching from the rich dad's advisors through youtube, I feel like I'm in that situation and talking to these great people and having it for freee
You’re so humble. Appreciate the insight
When this video came out, I was still living in Illinois, packing everything up. We fled about 2 weeks later for Florida. We lost almost everything in IL and were fortunate enough to start over in FL. At this moment, I "control" over $2 Million worth of real estate. Gonna keep going...
I love how he starts off his videos WITHOUT showing the cars and houses and jewelry and travel and all the bling.
Man I hate that. It’s such an obvious con when they do that.
this should be pinned to the top
Thank you, Ken! I really like your emphasis on the "transformation" part of change. It's so critical to moving forward. And the 3 Tiers of Wealth. It seems like we are on the cusp of Big Changes in how things work in this country!
I like to use the word "wealthy" for those who have assets that are generating wealth for them. I use the word "rich" for those who have a lot of money (perhaps some musicians, sports stars, people who inherited a lot of money, etc.), but aren't investing that money in assets but instead buying really expensive toys. They usually tend to find themselves poor pretty quickly!
Ken you did a good job on this presentation; all of the resources that the Lord has made for us on and in the earth are the true commodities of wealth-ty for your time. Blessings, the Elams, TX
Subscribed! You have a very good message. Particularly @1:51; "the situation we are all in, are based off of the choices we've all made." Look forward to hearing more.
You are where you are because of the choices you have made.
Thank You Ken ,For sharing your knowledge with us.So we can grow and survive, Very grateful.
Self study is great. Went from a technician to an engineer. Learned the market and the two basic types.
The market casino is in the "Value" of a stock. Stock pays no dividends. All money made on the table was paid by someone else buying a seat, so there is only invested value. Invested value vanishes in a run on the bank. Look for these stocks. High PE heading to the stars and paying no dividends. This is casino chips made of plastic with no worth in the plastic itself. We have seen the gamblers run on the bank in 2000, 2008, 2020, Look at the rise, the slide, and the run on the bank. Now look at other stocks well over 60 in PE and paying none to very little dividends. See a repeating trend? Rising with no end in sight, slowing rise, then nervousness, some pull back, some slides, until the slide starts momentum in selling off and value starts vanishing.
The other type of stock is dividend stock. Money is from company profit sharing. To get a dividend, the company must be profitable and get earnings for the cost of the shares. This is where PE comes in. A PE of 100 means for the price of 100 the Company earns 1 dollar or 1% of the price. Dividends if paid are from a portion of the earnings. I don't like yields under 1% on investment so a PE 100 or more is simply a casino chip. To get dividends, look for a PE under 20, and the company is paying over 10% in yields. These are not your superstar Amazon, Home Depot, Zoom Video, etc. These are boring utilities, pipelines, ISP's, phone companies, some banks, etc. In the last market sale, the news of the oil prices hit the price of everything related to oil. Oil price was down. Oil consumption was down only 30%. Pipeline stocks were down more than 70%. Free oil is still transported for a fee. Bought a pipeline stock for 5.15. Got the first quarter dividend of 0.311 per share. Due to the sale price the return is 24% annually in dividends. Due to actual stock worth, the price today is 8.75 an increase of 70% in price on top of the dividend in just 5 weeks. This is what knowledge gives you. Look for stock worth something to the investor that is not over valued. Buy low and sell that Amazon already. It is at an all time peak. Don't hold for fear of missing out. The crash is no fun to be in. Rode that coaster over the top with Intel in Aug to Dec 2000. It never recovered to $72 per share. Adjusted for inflation that would need to reach well over $120 per share. Do you expect a rapid recovery when Amazon repeats the dot com tech bubble? They are on the same track.
Which pipeline stock did you buy?
Which pipeline stock
Primary, Secondary, Tertiary was interesting and very educational!
Yeah, lets see if "wealthy" actually invest in "primary" - None of the top 10 at Forbes 400 have anything to do with natural resources - it's all about information & Data: Bezos (amazon), Gates (MS), Zuckerberg (FB), Buffet, Larry Ellison (Oracle), Balmer (Microsoft), Musk (AI-enabled auto & energy). Kiyosaki and his crew keep on selling illusions marketed as "education".
@@kiaurash There is a huge difference between how they initially make money and where they store their wealth. The people you listed have large tertiary wealth (company stocks) and are moving that wealth into primary assets. Gates is now the largest private owner of farmland (242,000 acres), Bezos owns 420,000 acres of land, mostly in West Texas (oil). www.forbes.com/sites/arielshapiro/2021/01/14/americas-biggest-owner-of-farmland-is-now-bill-gates-bezos-turner/?sh=437d96206096
@@briancroston1684 $1 in oil 30 years ago is worth $1.25 today. $1 in SP500 30 years ago is worth $5.83 today. No one makes money by investing in primary. People use it as a store of value, not as an income stream. This video is misleading because it mixes the two. Of the 3 stages, the secondary stage makes the most money because they are the ones adding value and doing the most work. Trees and oil are great, but absolutely worthless without secondary businesses. Tertiary is just a passive way to invest in secondary.
Big question is what can an average worker do to apply these knowledge without being rich yet? Regardless it will be hard to make more money or find jobs during the next few years for most people. To be frugality, simple living, DIY, learn practical skills, work from home job/business, and self/community reliance are needed.
This is Amazing Ken. Thank you so much. Wish I learned this stuff 10 years ago.Also, love that digital whiteboard, I need one.
Thanks so much Planetgreenzen. The digital whiteboard that is used in the video: amzn.to/2XsoZzP
@@KenMcElroy Thank you so much Ken. I just had dinner with a friend and come to find out it's a mutual friend between us :) Also, the link did not take me to the board.
Hubris is bred by success but wisdom is derived from failure. I see many people nowadays delivering pizzas in a $50k car.
I know Robert talk about that, but you Ken make it so simple to understand. I really appreciated Ken!
I just started watching your videos over the past week and this video is spot on.
Thank you!
YES YES YES! So much YES in this video. Thank you Ken!!!!
Thanks Ken. You have been a great voice of reason in these crazy times.
The stock market is the most profitable venture, with plenty of opportunities to earn some decent payouts. Unfortunately most investors are too eager to make some quick cash. Making reasonable profits in the stock market requires skill, patience and the right setup.
Wow Ken. Thanks for this Video. I feel educated today. Thanks for expanding my mind.
Can't say I know anyone smarter that you, Ken:) Thanks for taking the time to do these videos
You're an excellent teacher Ken, thank you for this content!
You de MAN, Ken. God bless you and your family.
Ken please keep these videos coming! They are great and the best explanations! Thank you!
All I can is thank very much for this info, and electronic board is awesome.
Single-family homes and townhouses. That is where my wife and I are storing our wealth, AND, at the same time, have created a success small business!
We allow our Accountant to take 100% Depreciation, on each property, which allows for VERY LITTLE Federal and State Taxes to be taken out!! This is called "Postponement
of the paying of Taxes". When you pay the taxes, re-capturing of taxes are at 20%, is when you sell the property! In the meantime, you have 28.5 years to Depreciate your
Real Estate assets!! This allows you to really GROW your business, during this time period, by using your hard-earned money on buying more properties, and not towards
paying taxes!! Of course, there is the Local Taxes that must be paid! Over 1 to 2 decades of time, or more, you can see the Asset Appreciation of your properties as
they follow both inflation AND the performance of your local, housing market. So...what he is saying is....we have almost 20 loans, meaning mortgages, on 20 houses.
And since each house is rented out, our TENANTS are paying off the 30 year-fixed mortgage! THOSE are the loans we like, everything else about our business is run by cash!
JUST a thought. When the US DOW fell about 50% between March and June in 2020, my single-family homes did NOT go down 50%! They did not even drop 5%.
And what if my properties went down 5% to 10% for 3 to 6 months....I am STILL collecting rent from professional people in the Health Care and IT Industry!!
Or, they are retired or they are in the process of retiring over a 1-3 year period of time.
Ken IMO
*Your Golden Nugget*
*Self Education*
By far was the most valuable information you could have shared.
This is where you get specific on the niche market to make big bucks.
I've tried to teach people this system but people are in love with their stocks! Great video.
13 min in and still no answer to the title
Great video! Very informative. Thank you Ken
Thank you for passing along what you know, my friend
Thank you very much.
This was so eye opening, I will take it to heart. Thank you!
Love your videos lot of info and detail
Great information. Natural resources is how countries get rich & build empires.
Ken. Absolutely amazing advice. THANK YOU.
This video is part of self education.. Thank you.
Thank you so much for your guiding 👍
I love your book about managing property and your exclusive content about real estate. It could be better if your video has subtitle in English
So typical American. You go into a technical talk that quickly turns into some sort of a motivational pitch.
Hello, thanks for the great videos. Can you explain how housing market will crash and price of homes will go down, if our dollar value goes down same time? What will be the different this time. please let me know what you think. Thank you.
Great content Ken!
That was amazing advice I have invested in a couple of them!
I think information would also be considered primary. Awesome video Ken!
genuine question: What tier would digital currencies such as bitcoin to fall under? Primary? With built in scarcity, it behaves as though it were digital gold. If society eventually accepts digital currencies as a store of value, the only real issue I see would be it's current volatility. There doesn't seem to be much reason why cryptocurrencies would be considered anything other than a natural resource.
Thanks Ken, Great Investment video. Explanations was very clear and organized.
Thanks Ken for all your videos
This great break down. Pretty some advanced Macro Economic going which is explIn in one video. I have just come across you video as an economist u get to point thanks
An aquifer is an underground layer of water-bearing permeable rock, rock fractures or unconsolidated materials. Groundwater can be extracted using a water well. The study of water flow in aquifers and the characterization of aquifers is called hydrogeology
Very good presentation on how to invest. For years i have touted don't let the guys with the suit and tie's handle your money! This explains it the best i have seen so far.
Great Video. I GET IT!!! Just like paper will never measure up to physical gold when it comes to real value, natural resources will always have real value.
Thanks, Ken. I appreciate the education. Also, can you tell me the name of that cool board you're using?
WOW, WOW, WOW. STANDING OVATION!!!!
Thanks a lot Ken. You was very helpful at me to buy the right assets!
Appreciate this guys knowledge 💯👍 very valuable in today’s times
Great, great. video. It's clear that you've gotten to where you are by keeping and open mind and constantly learning. Will try to do the same. Thanks.
Informative. Well done.
Couldn't agree more...no one is gonna care more about what's best for your own money and your own health than you do yourself.
Great presentation 👌🏻, keep doing more! Thanks for sharing your expertise and knowledge.
Ken, you also have depreciation through wear and tear, maintenance, and the payroll to have it repaired and cleaned. This must all be considered. Everyone has a different situation, also a different level of tolerance. There is risk in real estate too. Everything must be weighed out.
Thank you for the education and pep talk. It is inspiring.
How many lightbulb did Thomas Edison make before it worked. He said they weren’t failures but learning experiences. My learning experience was Dec 1974. I was a newlywed in college. My wife and I had $17 in our checking account. Our student loan was late and had to borrow money from my in-laws to keep us afloat until my loan arrived. From that point on I was determined to be independent money wise. Real estate became that medium for escape. Graduated from college- went to OCS and became a Marine Corps officer.. While my Marine buddies bought Corvettes etc I bought a used Fiat. Rather than make car payments we bought real estate. Never lived on base but bought a house and kept them. Problem is we were so frugal for so long it has become hard to spend our income- I have a 1998 Ford pickup- can’t bring myself to buy a new one.
Ken-I’m a new subscriber.
I am 44, and have gone through a really bad situation in the last 3 years, and I am having a hard time digging out, and am involuntarily stuck in a situation where I am forced to live on $1300 a month. I really wish I could tell my story here, but it would take up the entire comments section...please if you can, reply here, point me in the right direction.
It's a very bad time to have large amount of rental assets.
High unemployment = low rental income.
Always put your money in multiple places.
Not if you're receiving Section 8 rents!!! 100% payments received and depending on the state "if" the tenant loses their job..the program pays 100% of the rent.
way to go Kenny!!!! you are amazing!!!!!
Ok g. McElroy but please then explain how one should invest in primary natural resources like oil, coal, water.
This is just listing, we need examples from starting point to closing deal. It would be good if you can nake a video about it.
Thanks for sharing your words of encouragement, Ken. I love your videos.
Excellent. Easy to understand presentation. Thanks. God Bless.
This is a valuable video. I started investing in the tertiary years ago, then the secondary two years ago, recently shifted to primary. I’ve never heard these terms, so I thank you for explaining
thank you very much Ken I listen to you I thought I'm listening to Robert kiyosaki you people are having the same motivated lectures i am taking my classes from you guys, I really enjoying your lecture thank you
Great value! Thank you Ken
Thank You for your teaching/experience/wisdom Ken. I like the natural resource one; just reminding You brothers, USA has a Lot of land/natural resource one, is a Big natural advantage/blessing; You only need to Open your eyes and work Smart on it. Cheers, respect from Guatemala
I always find myself clicking "like" within the first 5 seconds of Ken's videos... because I know they're going to be good.
Same
This is gem. Thank you.
This is actually genius! Wonder why our schools never teach this stuff!
Because everybody can’t be rich. Somebody has to pay taxes. So they need middle class and poor people to pay taxes. While the rich don’t pay taxes.
Ken, the oil companies were drilling *horizontally* under your land, not *vertically* unless they had oil wells directly on your land.
They begin vertically, then go horizontally.
@@michaelswami Yes, many drillers sucked the resources from trhe actual land owners without paying licenses or royalties -- the REAL ROAD to much wealth is by CHEATING!!
kaythegardener ...in the End, cheaters pay the price.
@@kaythegardener thats completely incorrect.....it is highly regulated and you cannot drill under someone's land without a lease that they agreed to.
Are you saying they're drinking my milkshake?
I like the video. Specially with the piramide, I see some things more clearly. But only one confusion, in the middle section. How to invest in the business, I thought it was possible only with paper trough the stocks?!
Great video buddy, could you go deeper into how to invest in the tertiary? Do you mean buying land or stocks in companies that are producing at the tertiary levels or both?
I Love Uncle Jim I listen too him everyday!!! #Facts
The most practical professor
It’s Jeffrey, I do think we are looking at lots of opportunities in front of us in the “new normal” I’m talking both lots of money to be made, and more importantly a new way to live your best life! We are working hard to help others get there!!!
Thank you Jeffery
Thanks for your time and effort. Very interesting. 😊
Commercial real estate doesn't look so shiny all of the sudden.
You must hear a rushing noise going over your head a lot ~
Agreed
Warehouses are up you must mean office space is not so good.
Great teach MR ken keep them the videos coming
Great perspective! Thanks!
Great info for free thank you.
This is one of the best videos
very good explanation. your are the best education teacher in investments.
This has been very helpful! Thanks for the video.