How These Millionaires Built Their Wealth!
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- Опубликовано: 15 сен 2024
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"We're emu farmers!".... too good.
Del Birky That's my all time favorite moment from the show
Appreciate video content! Sorry for butting in, I am interested in your thoughts. Have you ever tried - Schallingora Brain Reconstruction Scheme (google it)? It is a great one off guide for learning how to acquire the mind of a millionaire minus the headache. Ive heard some incredible things about it and my mate at very last got astronomical results with it.
I've gotten so used to Dave's fake laugh that I was caught off guard by his genuine one!
Clint Rosendall hey fake it till you make it I guess
Ahh yeah! This is goals right here! I’m Documenting my financial peace journey on this platform on my channel to one day get on the Dave Ramsey Show to do my debt free scream! Let’s do thiiisss!! Great work you guys in Ramsey solutions! 👍🏽🙌🏽
Callers are 42 & 45 with $2.7m net worth, congrats!! “We’re emu farmers”, lol! Keep these coming Dave, these stories are inspirational.
In comedy, timing is everything.
She played Dave well, and he loved it.
Best laugh ever!!!!
Crypto currencies are not Emu's. That being said, I wouldn't invest in anything you don't understand.
Then learn it.
The craziest thing is that the same time here in Australia we had ostrich farms. It ended in the same way.
"Can this still be done"...Answer...Why yes, with an annual income of $500K+ you too can have $2.7M set aside by age 42.
Mark Smith sounds about like a liberal
Millennial Motivation Entrepreneur *realist. + I’m the opposite of a liberal
that is why a high income is better than a low one
Seriously though, they are impressed that with a massive income you can become rich. The best advice they can give is... Don't fall into credit card debt? Retards.
I know DOZENS of people that make 40-70k a year (average) that are multimillionaires because they weren’t stupid and invested starting at a young age and Never stopped. If you don’t think it can be done then you are a loser period
I would not count house value in adding up net worth. I exclude housing, cars, personal possessions, and focus solely on assets such as stocks, bonds, and cash.
Is this a Kiyosaki thing? An asset is a thing that, when transferred to someone else, causes cash to be transferred to you.
For example: stocks, bonds, houses, cars...
Don't attempt to change the definition of net worth.
Bitcoin have been up 5000% since 5 years ago... why are you teaching a long term solution then mention bitcoin being down 80% since January of this year...
pimpballer3 Bc 5 yrs ago bitcoin was .09 cents
Mike Arredondo .13 cent in 2011. You the type that don’t get the point.
pimpballer3 clearly u don’t understand simple returns you could have purchased bitcoin super early on and sold it all at the peak at 19k u have any idea how much money u could have made ?
It's easy who invest in it as early as possible is the winners..the losers are those who're just investing when the gpu prices go up
when investing in a fad you always sell when its being mass marketed. ...secret... the mass market pushers are the ones ready to cash out.
if you want to buy into it now just use your vagas money and cancel that trip. or lottery buying money
This looks rough 2 years later lol
wow, Dave's comment on Crypto really aged like milk..
Not really
@@pizzamagee6220 I'm assuming mathematics isn't your strongest subject..
@@chrisbacon84 I'm very good at math thanks
Actually, it aged like a fine wine 😂😂😂
Millionaires build their wealth buy selling people a solution to a problem they couldn’t solve . Also by compound interest making their money work for them. Passive income and multiple streams of income.
Investing Hustler yeah whatever
The best laugh ever about emu farmers....and professional comedians. Dave is right, all commons in those three is bad investment.
Some people flipped one of those bad investments for $20,000 a pop.
That was a good one 😂
4:05 were emu farmers 😂
Off-topic: Ostrich meat was very popular about 18 years ago. I wonder what happened. It was yummy... like very tender beef.
Mindset by Carol Dweck is amazing
Bitcoin investors just got their feelings hurt by dave Ramsey 😅
Investing Hustler are you an investor also??
Investing Hustler Load of early investor are retired, traveling the world, while living in 5 stars resort right now. Those people didn’t get lucky, they did deep research and have a vision.
Oh trust me, our feeling aren't hurt. were too busy buying new cars and bigger house to worry about things like that..
And how are those returns on your index funds since this video was posted?
@@abark I don’t invest in index funds. I like to diversify all my investments.But the Majority of my investing is on my own business
Awesome job maxing out 401k for 22 years. Even with a conservative 60/40 portfolio , you have $1.7m combined. All stocks would be $3m. My advice for young’s- go all stocks folks.
Lol I'm with you Ramsey I'm taking my bitcoin and emos and going straight to the bank with
What is the 800k invested in? I didn't catch that part.
9 mos ago I had a coworker who told me about all the money he was making in Bitcoin and that I need to get in quick. DAVE SAVED ME FROM STUPIDITY !!!!
Motivating.
Absolutely hysterical! 🤣
What’s the % return of bitcoin over its life ?
Bitcoin is the worst thing you can possibly invest in. Bitcoin isn't a business. Its value is speculative and there's nothing special about it that separates it from any other crypto currency.
ScarletNight Bitcoin is the first crypto currency it’s use case is not Applications it’s more as a store of value and also currency
If you say that there is NOTHING that seperates Bitcoin from other crypto currencies, then you should learn more about cryptocurrencies. If you try to learn how this stuff works, you can see that there are tons of good (albeit high risk) investments. And the reason why Bitcoin has value compared to other cryptos is quite simple to explain, but takes a while to truly understand.
@@modernmoney2294 it's terrible as a currency, slower and less secure at transactions.
Interviewing people who make 600k is meaningless and not motivating.
You mean to tell me there’s no MLM get rich quick millionaires?
Only the ones at the top of the pyramid.
Dave, what if someone tells you they're going to give you a wage that will pay all of your bills quick? You know, the essentials, home, dental, vision, health care, transportation, utilities, clothing, food, shoes, reasonable amounts of entertainment and enough to invest for the future without having to work 40 hours per week. Jobs paying $15 an hour are not cutting it, $1000 per month is not ever going to get the job done. More like $250 per hour, 20 hours per week plus paid vacation, paid holidays, paid personal time, 100% paid dental, 100% paid health care, 100% paid vision, 401k, paid life insurance is enough from an employer to pay for reasonable bills, investments and optimal health and low stress for adults, adult work, adult jobs, meaning not a job that someone who is under 18 and living with their parents could survive on. Anything less than what I listed above is literally abusive unless the person is living at home with their parents and even then it is downright wrong and abusive. How can an adult live on these micro amounts of money? $150 per week? That's enough for dog food, nothing else, you definitely can't pay rent with $150 per week. $250 per hour for 20 hours per week of work is a reasonable wage for adults who have children and bills and that amount of money would not be making them rich by any means, it would just sustain them at a job so they can live in a home and have a reasonable life & reduced stress, that's all.
Did you mean $25.00 per hour?
@@Excalibur2 No
Now is the time to buy more bitcoin... just sayin. It's gone through cycles of 10-100x appreciation followed by a 70-90% pull back multiple times. On any time frame over 3 years since it's creation in 2009 extraordinary returns have been achieved. Don't write it off.
I'm looking forward to buying homes when they fall into foreclosure, after the owners lose everything in bitcoin, and flipping them for a profit! :)
too bad I've already paid off my home with bitcoin profits ;)
The only people pushing Bitcoin are the ones hoping it shoots up again so they can sell.
@@Excalibur2 Incorrect. Bitcoin is superior money to fiat currency. That's a much bigger idea than planning to flip it for a profit. Most people in bitcoin aren't in for that reason but most of the big long term holders are in it for exactly that reason. Capital will continue to accrue in cycles to the hardest form of money, bitcoin.
With that kind of income they should have had a net worth well over ten million.
🤗🤗🤗👌 goal accomplished.
I'm sorry, U just put Emu, Alpaca and bitcoin in the same sentence? I mean I follow the DR but let's not do that again....
I miss Chris 😭
What happened with Chris? Where did he go?
@@-edsense-rivera3716he cheated on his wife and it went viral. Dave's views on marriage and the shows reputation would not take that.
So did Bitcoin outperform your entire portfolio since this video or nah 😂
WHAT BOOK IS SHE READING? MINDSET, IS IT THE ONE WITH ??? WHICH MNDSET???
Emu farmers told Dave Ramsey off proper. Emus are awesome.
The value of BTC is down by 80% but people conveniently forget to mention you can short it...I’m sure the person that shorted BTC from its peak is doing ok lol
You mean down from it's peak? It's still way up from it's floor value.
ScarletNight yes, the person that shorted BTC from its peak price (19k) is doing fine, contrary to what Dave is saying
ScarletNight that was my original point. 80% down from the last rally
I hate when Dave brings religion into what he speaks about. Can we keep money & religion separate. I wanted to go see him live in Irvine but people keep saying it’s like going to church. 🤮
Religion and money go hand in hand. It's following God's money principles that help you stay out of debt
Not his problem that you are a bigot
AA Driveee26 Religion is tied into all aspects of your life including finances. it is bizare to separate out one piece of your life and say it has no factor.
AA Driveee26 no. We can’t separate those two things.
Just goes to show some people are extremely lucky. For them money grows on trees. And cash falls from the sky. Lucky!!!!
They inherited nothing.
I don’t understand 47 dislikes 🤷🏻♂️
Their crypto bashing did not age well lol. At the time of this filming Bitcoin was less than $4,000 now it’s $70,000. A 1,641% increase! Who’s laughing now, Dave 😂
LIMU EMUUUUUU
and Doug..
Alpaca wool is valuable though. It's the second warmest fur in the planet after polar bears
Be greedy when others are fearful.. +322% returns to date in the crypto market. Bitcoin isn't the only crypto.
Edit: in a bear market
Homie J How long did it take you to get that +322%? And do you trade or just got lucky with alt-coins?
YTD, about 9 months. I use technical analysis to trade Mid-Cap coins and flip ICO's. Also, this +322% is without leverage.
That's a great fishing story!
Get out your feelings and realize returns can be made in any market
The stock market has been on a tear for almost ten years. What bear market?
Bitcoin is going to become just a new investment option. It's going down now as johnny come lately normies are rushing into it, but it will level out and I'm positive it isn't going away.
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