I got married. Bought my first house when I was in my mid 20s. Built a business in real estate, investing and working in it. Raised two kids. Worth a little over 5 million. I just started stacking. Buying one oz of gold every month. I'm getting my 2nd oz next week. I buy cash. I will do this for every month of my life to pass it on to my kids by loosing it in a boating accident. I should be worth over 10 million by the time I pass away. I am 49. What you want is 10% of assets held in gold. 50% real estate. 35% equities. 5% cash. I started with nothing.
@ipanemakid3058 Marry well. Divorce is a huge setback in so many ways. Take care of your health. Be frugal and watch over spending on needless crap. Stay away from negative people or friends that drag you down. When you have opportunity to make good money in your job or business take it all in. Strike the iron when it's hot. Being consistent will make you wealthy. Consistent in your performance in what you do, how you invest, take care of your health through some form or exercise/sport. Watch your vices. Woman, drugs, alcohol, etc. Those are the pitfalls in life. Don't care what others think. Do your own thing and don't keep up with the Jones. The people that keep up with the Jones are usually broke. Buy assets, not things.
healthy hoard of Gold, stocks&bonds owner, high intrest 7.4% saving account....56hr a week Uber driving = 4100 a month after tax and costs I think my portfolio is not bad for a man born poor who didnt even learn how to read or write till he was 28yrs and not even one GCSE 😎
Great vid! A few questions: 1. I'm curious as to why you chose Trading 212 over Vanguard? While Trading 212 perhaps has lower fees, I'd always heard that Vanguard was more reputable with a longer history.. I've also seen new apps that pop up with enticing fees to then only shoot up after a few years, worst case scenario even disappearing into thin air... cough* FTX cough cough* 2. Also, you mention spreading the capital besides S&P, what other mutual funds do you have in mind...?
Thankyou! Glad you enjoyed. I like Trading 212 because it’s what I’m comfortable with. But I’m sure going straight through Vanguard is good too. I also Invest in the FTSE 100 (UK Economy) so I have two global powers covering my investment.
Hi just a quick question about 212 after watching your video I decided to have a look at it,I'm curious if I lie about income on the entry form (how much/where it's from) can that effect me? Or is this purely for sign up purposes?
If you are investing under the wrapper of stocks and shares( Investment) ISA your income is irrelevant. Everyone is entitled to put money in an investment ISA, a Cash ISA or both at the same time. If you are registering for a trading account this is different. Also unwise as you'll pay fees. Only use a trading account when you've used up your investment ISA allowance. And do your own research. T212 app has links to useful RUclips videos to educate yourself in the basics of investing done by traders.
hypothetically, if in 20 years no one cared for sovreign or britiannia coins since you can't melt them, is it possible for the price of these coins to go under the price of the metal? might be a stupid question, but i want to long term invest in gold and silver and not sure the best way to go about doing so
@@FutureInvestmentsBullion So just because the S&P has returned 15% for one year, you're just gonna ignore all the other years and expect it to return that 15% again and again every single year for the next 22 years?
I would say if you are young and have little more go for 1oz silver and start there. Better than spending that money on garbage that will not give you value back and perish. When I spend I always think of how much value will the product give me and how many times will I use it.
Hello 👋👋 I am 47 years old. I have 3 Passive incomes. I Save Complete Amount from Passive incomes and invest in True Money Called Gold Bullions 😊 I have Active income for Emergency funds and Monthly Expenses Only 😊 I Own 2 Rental properties ( Commercial Agriculture land 7 Acres+ 3 bedroom house 🏠 1st floor house on Rent 😊). Living below My Means 💖 Frugality lifestyle 😊. No inflation lifestyle 😊. No debts. Buy completely Cash 😉. I have Deposit Balance bought Certificate giving me Excellent Profit 14%😊
Great video, really like the figures. You’re the same age as me so its useful for me to see your POV 🙂👍🏻
Love this comment thanks Mac!
The way inflation is going we're all be millionaires in 25 years.
True. That's why you need to be a 5 millionaire in 25 years! I am going for 10.
True this 🙏🏻
We can do it 🤝
And a pint of milk will cost £250k
I got married. Bought my first house when I was in my mid 20s. Built a business in real estate, investing and working in it. Raised two kids. Worth a little over 5 million. I just started stacking. Buying one oz of gold every month. I'm getting my 2nd oz next week. I buy cash. I will do this for every month of my life to pass it on to my kids by loosing it in a boating accident. I should be worth over 10 million by the time I pass away. I am 49. What you want is 10% of assets held in gold. 50% real estate. 35% equities. 5% cash. I started with nothing.
Great advice. Any more?
@ipanemakid3058 Marry well. Divorce is a huge setback in so many ways. Take care of your health. Be frugal and watch over spending on needless crap. Stay away from negative people or friends that drag you down. When you have opportunity to make good money in your job or business take it all in. Strike the iron when it's hot. Being consistent will make you wealthy. Consistent in your performance in what you do, how you invest, take care of your health through some form or exercise/sport. Watch your vices. Woman, drugs, alcohol, etc. Those are the pitfalls in life. Don't care what others think. Do your own thing and don't keep up with the Jones. The people that keep up with the Jones are usually broke. Buy assets, not things.
This is amazing! Would you be up for explaining what you mean by Equities for those that don’t understand?
This is some of the best advice I’ve heard for a long time aswell! Unbelievable accurate! 🔥
@@FutureInvestmentsBullion Stocks, bonds, etfs.
Congrats on 7k mate , your channel has grown very fast . Well done 👍🏼😊 watching your channel since 900 subs
Thankyou COE! I’ve followed your long term support closely and I appreciate it!
healthy hoard of Gold, stocks&bonds owner, high intrest 7.4% saving account....56hr a week Uber driving = 4100 a month after tax and costs
I think my portfolio is not bad for a man born poor who didnt even learn how to read or write till he was 28yrs and not even one GCSE 😎
Great vid! A few questions: 1. I'm curious as to why you chose Trading 212 over Vanguard? While Trading 212 perhaps has lower fees, I'd always heard that Vanguard was more reputable with a longer history.. I've also seen new apps that pop up with enticing fees to then only shoot up after a few years, worst case scenario even disappearing into thin air... cough* FTX cough cough*
2. Also, you mention spreading the capital besides S&P, what other mutual funds do you have in mind...?
Thankyou! Glad you enjoyed. I like Trading 212 because it’s what I’m comfortable with. But I’m sure going straight through Vanguard is good too.
I also Invest in the FTSE 100 (UK Economy) so I have two global powers covering my investment.
Wow, can't wait to be a millionair in 3.04 * 10^64 years
Hi just a quick question about 212 after watching your video I decided to have a look at it,I'm curious if I lie about income on the entry form (how much/where it's from) can that effect me? Or is this purely for sign up purposes?
I wouldn’t advise it but it shouldn’t change anything.
@FutureInvestmentsBullion it wouldn't allow me on,ended up going on etoro
If you are investing under the wrapper of stocks and shares( Investment) ISA your income is irrelevant. Everyone is entitled to put money in an investment ISA, a Cash ISA or both at the same time. If you are registering for a trading account this is different. Also unwise as you'll pay fees. Only use a trading account when you've used up your investment ISA allowance. And do your own research. T212 app has links to useful RUclips videos to educate yourself in the basics of investing done by traders.
hypothetically, if in 20 years no one cared for sovreign or britiannia coins since you can't melt them, is it possible for the price of these coins to go under the price of the metal? might be a stupid question, but i want to long term invest in gold and silver and not sure the best way to go about doing so
They’ll always be worth the spot price at minimum. Whatever that may be. Gold is considered one of the safest investment vehicles. Hope this helps
What the heck do you back 15% annual return on?
Good luck getting anywhere close to that.
Thats the current annual S&P 500 yearly return rate.
@@FutureInvestmentsBullion So just because the S&P has returned 15% for one year, you're just gonna ignore all the other years and expect it to return that 15% again and again every single year for the next 22 years?
Like the whitby knife!
Thankyou! My amazing Subscribers gifted me it! I love it 🔥
I would say if you are young and have little more go for 1oz silver and start there. Better than spending that money on garbage that will not give you value back and perish. When I spend I always think of how much value will the product give me and how many times will I use it.
Very true. Better some investments than none!
All this assumes the ISA rules will not change in a few days time.
Let’s hope they don’t change
Can someone like this in 26 years to make sure I come back and say I’m a millionaire
Love this!! Great idea!
When you go onto trading 212 how do I invest in the S&P 500 there are so many I turn 18 soon and will be definitely interested in doing so
Amazing! I would use. Trading 212 Investment ISA, Accumulating fund if you want the interest to be re invested. Hope this helps.
@@xdgladiatir9739 sp500 etfs
Don’t be too sure,no one knows what is in front of them.Just go do the right thing and hope.
I agree! Hope for the best, prepare for the worst.
But Australian property and rent it out, people here are creaming it and virtually every homeowner here has made a million dollars in the last 5 yrs
That’s mad. I’d love to move from the UK to OZ
Don’t have children 😂
Agreed 😂
Hello 👋👋
I am 47 years old. I have 3 Passive incomes.
I Save Complete Amount from Passive incomes and invest in True Money Called Gold Bullions 😊
I have Active income for Emergency funds and Monthly Expenses Only 😊
I Own 2 Rental properties ( Commercial Agriculture land 7 Acres+ 3 bedroom house 🏠 1st floor house on Rent 😊). Living below My Means 💖
Frugality lifestyle 😊. No inflation lifestyle 😊.
No debts. Buy completely Cash 😉. I have Deposit Balance bought Certificate giving me Excellent Profit 14%😊
This is amazing! I love to hear it 🔥 🍀