Elon Musk Brilliantly explains Wealth & how to be a billionaire!

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  • Опубликовано: 21 мар 2022
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    Elon Musk Brilliantly explains Wealth & how to be a billionaire!
    #shorts

Комментарии • 1,4 тыс.

  • @RebeccaGorin
    @RebeccaGorin 3 дня назад +38

    HOW TO BUILD WEALTH

    • @RebeccaGorin
      @RebeccaGorin 3 дня назад +1

      Making money is action, saving money is behavior and growing money is knowledge. The basic step to acquiring wealth is figuring out your goals and plans, with the heIp of financiaI pIanner you will gain rapid financiaI growth and enjoy the benefits of managing your finances...

    • @RebeccaGorin
      @RebeccaGorin 3 дня назад

      FinanciaI growth was rapidly gained (gathered over 1M in 2years) through my financiaI pIanner. Got my 2nd house in May, hereby making my goaIs a reaIity...

    • @RebeccaGorin
      @RebeccaGorin 3 дня назад

      Rapid growth in my finance was attained (gathered over 1M in 2years) through my financiaI pIanner. Got my 2nd house in May, and life has been good ever since....

    • @RebeccaGorin
      @RebeccaGorin 3 дня назад

      Whosoever tries this sureIy acquires wealth. Get to her..

    • @RebeccaGorin
      @RebeccaGorin 3 дня назад +1

      ELlZABETH GREEN HUNTS..

  • @ponrix
    @ponrix 2 года назад +2809

    People forget that billionaires don't have billions in cash. It's capital gains.

    • @scale...3d
      @scale...3d Год назад +77

      Exactly!

    • @MrPrado-nc6qq
      @MrPrado-nc6qq Год назад +47

      How does Trump have all those buildings? Like I don’t hate him I want to be the same. I could care less about having all cash I rather have those buildings forever.

    • @comforth3898
      @comforth3898 Год назад +102

      ​@@MrPrado-nc6qq Have you ever tried starting a business or trading in the stock market?
      Those are the only ways to attain that level of wealth.

    • @m.s9146
      @m.s9146 Год назад +30

      Some do. Elon isn’t one of them.

    • @TONI__KROOS
      @TONI__KROOS Год назад +30

      ​@@comforth3898 Fr...
      It's either a business or investing that could get a person wealthy af

  • @TeddyLovesBacon
    @TeddyLovesBacon 2 года назад +2360

    I love how Elon's answers are always unemotional and just straight logic.

    • @mkm1206
      @mkm1206 2 года назад +70

      More people on the spectrum should be in politics …kick out the psychopath fascists .

    • @AineEithne
      @AineEithne 2 года назад +53

      I think he understands that those who say those things don't know him nor his situation, so he doesn't take it personally. He doesn't see the money as his, it's for the companies and he uses it as such. He's just different, I guess.

    • @cajs9964
      @cajs9964 2 года назад +17

      Coz facts don't come from feelings nor does it care about it either.

    • @morisn
      @morisn 2 года назад +35

      This guy is not in it for the money. Call me naive but that's what I see.

    • @jreamscape
      @jreamscape Год назад +9

      ​@@cajs9964 actually great decision makers are balanced emotionally and logically. Making a decision with just logic will make you disregard the nuisances of a situation

  • @FierySpiritMaury
    @FierySpiritMaury 2 года назад +639

    He gave more to the world than 99% of the world

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +25

      if you have more, then give more :)

    • @BruceWayne-yn6ur
      @BruceWayne-yn6ur Год назад +22

      Helps when you're richer than half the countries in the whole world. 🤡

    • @FierySpiritMaury
      @FierySpiritMaury Год назад +28

      @@BruceWayne-yn6ur isn’t Bruce Wayne a billionaire?

    • @MorrisseyMuse
      @MorrisseyMuse Год назад +12

      Whats he given the world except stupid children names and overly expensive cars?

    • @BruceWayne-yn6ur
      @BruceWayne-yn6ur Год назад +10

      @@FierySpiritMaury He's an ethical billionaire. In other words, a fictional character. People like that don't exist in real world.

  • @84gaynor
    @84gaynor 29 дней назад +547

    I was part of the recent layoffs at Tesla and this bites hard. Grateful that I kept some savings north of 300k tho! Now I am looking for ways to allocate this into my portfolio to generate good dividends to supplement for my monthly expenses..

    • @kansasmile
      @kansasmile 29 дней назад +3

      I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech.

    • @sommersalt88
      @sommersalt88 29 дней назад +2

      Consider allocating 30-40% to a High-Yield Savings Account (HYSA) and enlisting the help of an advisor to diversify into positions with the rest of your capital. My advisor has significantly impacted my financial journey, fostering clarity and confidence in the stock market. that’s what works for my spouse and I. We've made over 80% capital growth minus dividends.

    • @velayuthman
      @velayuthman 29 дней назад

      @@sommersalt88 I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

    • @Curbalnk
      @Curbalnk 29 дней назад +2

      @sommersalt88 I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

    • @sommersalt88
      @sommersalt88 29 дней назад +2

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jennifer Leigh Hickman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

  • @cecilegibbs3539
    @cecilegibbs3539 2 года назад +1038

    Who is he supposed to give back to? No one gave him anything. He worked for it

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +78

      exactly!

    • @MB-rd2by
      @MB-rd2by 2 года назад +98

      That’s not true. No successful person can truly say ‘nobody gave them anything’. Tesla was given a loan in the early days, paid for by the tax payer, he has been given grants. Even his early success at PayPal only succeeded because he lived in a society which had invested in developing its own internet capabilities. Yes he has worked hard and he is the highest tax payer in history last year and will be again this year. I don’t ask him to pay any more, I do however think what he currently pays is fair to the society that helped Elon Musk become so successful. There is a reason he chose to go to the USA

    • @everythingsawesome
      @everythingsawesome 2 года назад +83

      "No one gave him anything?!" Do you know who his parents were? 😂 Look it up

    • @straightshootah7550
      @straightshootah7550 2 года назад +26

      tesla was basically bailed out by the government bro

    • @cheesewheellord1434
      @cheesewheellord1434 2 года назад +27

      @@everythingsawesome yeah is dad owned an emerald mine, but i guess we don't talk about the fact his dad was abusive?

  • @jackfarris3670
    @jackfarris3670 2 года назад +1059

    What’s sad is that if he did go bankrupt people would literally be happy about it.

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +157

      yeah, bc they don't wanna see someone like him succeed...

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +36

      @Unique Pros i never said it was. :) success is subjective.

    • @edk412
      @edk412 2 года назад +93

      Because people are miserable beings. Those who are fools complain and seethe. Those who can laugh at them and continue to shine.

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +15

      @@edk412 well said!

    • @joycecarr4165
      @joycecarr4165 2 года назад +23

      If bankrupt, how many people would immediately be affected. No man is an island and marry would suffer. Good health to you, Mr Musk!.🙏🏼🙂

  • @WideAwakeHuman
    @WideAwakeHuman 2 года назад +385

    My cash balance is very low - i.e. he's only got 100 million in cash lol.
    Elon is quite possibly one of the least evil public billionaires ever

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +44

      yeah, plus he knows money isn't everything. He said he had a deep understanding about it when he Founded paypal...

    • @darklord220
      @darklord220 2 года назад +3

      @@MT-kx2uc so did they

    • @realnapster1522
      @realnapster1522 Год назад +5

      Every billionaire made money from other people.

    • @m.s9146
      @m.s9146 Год назад +4

      100 million is low. It’s another world.

    • @m.s9146
      @m.s9146 Год назад +9

      @@realnapster1522 not exploitation, just helping people achieve they’d goals snd knowing how to use talent and encourage it’s development.

  • @THEvideogirl0972
    @THEvideogirl0972 2 года назад +201

    This man is amazingly down to earth.

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +5

      True!

    • @umerdurrani9405
      @umerdurrani9405 2 года назад +13

      Down to Mars*

    • @grgov2239
      @grgov2239 Год назад

      "Down to earth"
      He is just another corrupt capitalist that destroys society and everything around us

    • @devthomaskutty550
      @devthomaskutty550 2 месяца назад +3

      ​@@umerdurrani9405both actually with his rocket company towards Mars and with the other 5 towards earth

    • @ilon7799
      @ilon7799 2 месяца назад

      @@umerdurrani9405🤣🤣🤣 You’re genius!)

  • @zakigafoori4373
    @zakigafoori4373 2 года назад +203

    He don’t need to give nothing to nobody he deserve what he earned he worked hard for it fuck people who are jealous of him

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +15

      yeah, Envy kills people...

    • @jokesonyou5511
      @jokesonyou5511 7 месяцев назад +6

      I'm not so much jealous as I am hurt by the number of millionaires and billionaires in America not aiding those who honestly need help shaq is probably one of the few who made it then denounced his celebrity status and spends some of his retirement in Walmart paying for groceries for the 9-5 workers my main point is its not the money that's the problem it's how those with it don't always use it responsibly and wisely

    • @aa-tx7th
      @aa-tx7th 7 месяцев назад +3

      yeah he earned being born to a rich daddy
      use more spit next time 🤣🤣🤣

    • @Real-American-Idiot
      @Real-American-Idiot 5 месяцев назад

      I live in a trailer park and my neighbor wants my house. Doesn't matter if you have a little or a lot, somebody close by wants it from you

    • @nickt1301
      @nickt1301 4 месяца назад

      😂 what did he earn would love to know cause he damn sure didn't earn the millions mommy and daddy left him he dam sure didn't earn his private school education and he didn't earn all the ideas he stole to get where he is so I'd love to know what he earned

  • @truckerbrad6072
    @truckerbrad6072 2 года назад +165

    He has constantly risked everything he has when he believes he can make a difference in a meaningful way, and works constantly and lives like a drifter, I don't know how people can even look at this man without feeling absolute admiration!

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +12

      You said it well!

    • @jtharp9265
      @jtharp9265 3 месяца назад +2

      He has a great work ethic, and his parents have to be so proud 👏 🙏🙏🙏

    • @leahlopez824
      @leahlopez824 2 месяца назад +1

      Agreed! It’s sick how many people hate him 😱

  • @courtneyvargas733
    @courtneyvargas733 2 года назад +296

    Well it's good to know all his money is circulating in his business. It keeps him humble. You can tell he really worked for what he has.

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +9

      yeah, exactly.

    • @catherineleat1571
      @catherineleat1571 Год назад

      Government

    • @dark_sunset
      @dark_sunset Год назад

      you are an idiot. his father was rich, and it bought him opportunity. i don't hate the guy because he's rich, but saying he worked for it is absurd. everything he was able to "work" for was made possible by other peoples' wealth and generosity.

    • @KygoCalvinHarris-xu4kv
      @KygoCalvinHarris-xu4kv 10 месяцев назад

      Really

    • @maimadixon5717
      @maimadixon5717 6 месяцев назад

      @@Ryanderson8467boo hoo, life’s not fair. You can distribute money to people but the fact is each person will use that money for different reasons and spend it on different things. While some will invest the money they receive through work, a gift or inheritance, it’s up to that individual what they do with the money. Some fail and some succeed.

  • @bradcapps5684
    @bradcapps5684 2 года назад +81

    Lovers of money and greedy people will never understand this man.

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +8

      yeah, they always after money and after money only. This man is different.

    • @bradcapps5684
      @bradcapps5684 2 года назад +2

      Or it could be something entirely different 🤔 😆 🤣???

    • @fionamurray8347
      @fionamurray8347 Год назад

      ❤❤❤

    • @cw9468
      @cw9468 Месяц назад +1

      Billionaires are evil

    • @greedyelites
      @greedyelites 14 дней назад

      his dad had emerald mining slaves (nepotism)

  • @SteveRCPilot
    @SteveRCPilot 2 года назад +92

    With his companies successes he has created lots of millionaires.

    • @ProphetMuhammad-786
      @ProphetMuhammad-786 6 месяцев назад +3

      ​@@Ryanderson8467Homeless people are lazy. Just get a JOB!!!

  • @BadGuy-bb1ut
    @BadGuy-bb1ut День назад +1

    All billionaires aren't the same

  • @scale...3d
    @scale...3d Год назад +3

    Many people don't realise that s billionaire doesn't actually have billions. They only have a few millions in their actual bank account, and much less in liquid. All their other income is in company stocks, which they can't sell, because if they do, the share price of the company will fall dramatically, and the company might go bankrupt.

    • @ElonMusk-re1oi
      @ElonMusk-re1oi Год назад

      I appreciate your comment so much were are you located

  • @mudcreekpottery
    @mudcreekpottery Год назад +23

    People with money do not owe other people money. There’s lots of money out there.

    • @Reallyreallyoutchea
      @Reallyreallyoutchea Месяц назад +3

      Well said. Nobody owes anyone anything in life in general. We all have the same 24 hours.

    • @VBoo459
      @VBoo459 Месяц назад

      Damn wasted a lot of 24 hours as a baby. People easily forget Elon was also BORN INTO wealth.

    • @Reallyreallyoutchea
      @Reallyreallyoutchea Месяц назад +4

      @@VBoo459 He wasn’t born into wealth at all. He has supported his parents financially since he started. He is an immigrant from South Africa. Stop making excuses as to why he is successful and you still live with your grandma

  • @Rocketman6500
    @Rocketman6500 2 года назад +35

    He’s doing so much to give back with the fear of not knowing if he dies if it will all just stop 🛑 He’s trying to take man kind to the next level

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +4

      true, he doesn't hold back. because he knows that if he won't do the things to solve problems of mankind...then who will?

    • @kimberliegregg9726
      @kimberliegregg9726 2 года назад +1

      Your so honest and transparent! I love his Man❤️

    • @Rocketman6500
      @Rocketman6500 2 года назад

      @@SecretsofInvesting I would & I will once I learn how to controle my mind …. & energy …. So many ideas waiting to be brought to life !!

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +1

      @@Rocketman6500 there's no stoppin' you then! May the odds be in your favor :D

    • @elonmusk20078
      @elonmusk20078 Год назад +1

      Hello dear I will love to get a direct message from you

  • @blake-nw4pd
    @blake-nw4pd Год назад +2

    A lot people in the comments think that just because your parents are rich you can become a billionaire. If that was the case we would have more billionaires.

  • @roxxanefox4771
    @roxxanefox4771 7 часов назад

    He tells facts,and truth

  • @HustleMomentum
    @HustleMomentum 6 месяцев назад +21

    Respect to EVERY SINGLE ONE who is working hard and doesn't give up.

  • @DarkSkies72
    @DarkSkies72 2 года назад +27

    Love Elon. He’s got a great heart. He’s brilliant and I believe in him to always do the right thing. He donates billions of dollars + he does brilliant things.

  • @patriciacooper2955
    @patriciacooper2955 2 года назад +2

    What does he have to do ???? Give it all away ? Bull Shit !!!!! He's kind and gives a lot !!!

    • @CEO-ElonMusk
      @CEO-ElonMusk Год назад +1

      Thank you for reaching out ❤

  • @williamramage9461
    @williamramage9461 10 месяцев назад +1

    Elon musk is amazing,100% genius his wealth can be on a knife edge due to massive risk taking .He has to make Russian roulette decisions every day .

  • @fuckcodythakilla
    @fuckcodythakilla 2 года назад +4

    He’s risked everything to get there

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад

      yeah, He's immune to that. all his life he's been doing that, this man is admirable.

    • @realnapster1522
      @realnapster1522 Год назад

      He was already rich before he started his first business. His Dad owned diamond mines in apartheid South Africa.

    • @ChelleBelle972
      @ChelleBelle972 Месяц назад

      @@realnapster1522in an interview Elon said his father was lying about that.

  • @2ndhandjoke
    @2ndhandjoke 2 года назад +6

    Elon is the man and that’s why a lot of people hate him. They envy him and want to be him. Elon is obviously very real and his honesty shows in his words and body language. People, generally hate that in a successful person, they have no defence against truth, so they feel threatened, I guess. To tell you the truth, I don’t really know why. It’s one of humanity’s defects (see Human Condition). I, for one, think Elon Musk might be the saviour of humanity (non-religious) by helping (more like doing it all himself) us colonize Mars, therefore insuring our survival against catastrophe (natural or man made). My opinion!

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад

      yup, that's what majority do, hate people like Elon that can do whatever he wants to do. it's sad to see dragging successful individuals down who just want to help for the sake of others. People live in too much envy. that's the word..."envy".

  • @mrcr3pzco637
    @mrcr3pzco637 Месяц назад

    Dudes creating change for humanity

  • @jakestatefarm3477
    @jakestatefarm3477 19 часов назад

    "I have loans against my stocks." Don't let that slide past you.

  • @alexanderdrew3175
    @alexanderdrew3175 2 года назад +18

    He IS giving back! He is giving something more valuable to civilization/culture moving forward than money, as most people squander cash when its just given to them.
    He has advanced space travel, EV vehicles are now common place, he has changed the world more than anyone individual in a century.

    • @VENO5407
      @VENO5407 2 месяца назад

      Facts! Musk is not in it for the money! Dude literally gave out the blueprints to Tesla's cars and technology to other car manufacturers to help boost the EV industry, despite it being bad for his own company! Gotta love him! And SpaceX didn't even become profitable until recently. It's purpose was not profit, but Musk's dream of exploring space. Neuralink is the same story. Dude want's to improve healthcare and help those in need, and the company isn't even profitable yet.

  • @wiliss3670
    @wiliss3670 Год назад +15

    Love this humble man's logic.. it disarms all arguments from all and sundry , and he leads by example with grace and respect for others.

    • @dark_sunset
      @dark_sunset Год назад

      Yes, if you take everything at face value. Which is a fool's game.

  • @jerryanderson7343
    @jerryanderson7343 3 месяца назад +1

    Elon musk is giving us hope to exist looking at his Twitter free speech and he is a republican and fights the swamp woke corruption

  • @Heavenly_Acceptance
    @Heavenly_Acceptance 2 месяца назад

    His portfolio is worth billions. His mind and thoughts on how to generate billions is what’s of value. His bank account is still equal to both of mine.❤

  • @Mysterymaze9
    @Mysterymaze9 Год назад +19

    Very humble man and we need more like him💕

    • @streetscienceofficial8675
      @streetscienceofficial8675 Год назад

      Nooooooooo never

    • @Rzk739
      @Rzk739 Год назад

      @@streetscienceofficial8675 why?

    • @juliosoto6566
      @juliosoto6566 Год назад

      I say Elon is a net positive. Something like 55% good and 45% bad. Which is better than the average billionaire (normally 80% bad and 20% good). That said, he didn't need to accumulate over 150 billion to accomplish everything he has. But that's bad policy and a market issue. Let him be. Also, he can't just liquidate everything and redistribute money. He'd cost massive instability in the market and cause a crisis. He can't cash out even if he wanted to. The people like him involved in the system would literally put a bullet in his head. He's stuck.

    • @fionamurray8347
      @fionamurray8347 Год назад

      ❤❤

  • @AbbieMills-zv2ne
    @AbbieMills-zv2ne Месяц назад +4

    Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.

    • @AnnahKimberly67
      @AnnahKimberly67 Месяц назад

      Congratulations,I would love to learn from you on how you get to this stage.

    • @AbbieMills-zv2ne
      @AbbieMills-zv2ne Месяц назад

      Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert.
      Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.

    • @MichaelTonio
      @MichaelTonio Месяц назад

      Hey how good are your earnings I will like to get some insights into trading thank you.

    • @AbbieMills-zv2ne
      @AbbieMills-zv2ne Месяц назад

      Currently i can attest to the fact that I
      make $18,300 weekly through trading
      which is more better then my monthly salary job. Trading becomes my passive
      income.

    • @AnnahKimberly67
      @AnnahKimberly67 Месяц назад

      For me I am still in the fear zone, I've always been scared of loosing my money but love to see people share such words of encouragement through their earnings.
      congratulations.

  • @_Startect1437
    @_Startect1437 Год назад +1

    Me Elon Musk ko bahut pasand karta
    Aur jo-jo pasand karta hai like kare

  • @MoolaMar414
    @MoolaMar414 6 месяцев назад

    It’s his money and he doesn’t have to share it if he doesn’t want to. People aren’t entitled to his money.

  • @williamowen4024
    @williamowen4024 Год назад +13

    Elon is the last billionaire I look at in that way. Honest man with morales❤

    • @colbicolbiWTF
      @colbicolbiWTF Год назад

      16 billion in wellfare makes him honest? then denying obama gave him the money when its public record? telling his son if he is trans he isnt his son?

  • @EmilyW.isawakenotwoke
    @EmilyW.isawakenotwoke 2 года назад +11

    Elon is doing more for our planet than any human ever has... He's working his life away for all of us, and future generations.. we should be absolutely grateful

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +5

      Exactly Emily! as an inspiration, this also a realization in my part that I can do the things I want to do. there he goes says in one of his interviews
      "If something's important enough, you should try even if the probable outcome is failure."

    • @EmilyW.isawakenotwoke
      @EmilyW.isawakenotwoke 2 года назад +1

      @@SecretsofInvesting 😁 I adore him.

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад

      @@EmilyW.isawakenotwoke I look up Elon :)

    • @CEO-ElonMusk
      @CEO-ElonMusk Год назад

      Thank you for reaching out ❤

    • @EmilyW.isawakenotwoke
      @EmilyW.isawakenotwoke Год назад +1

      @@CEO-ElonMusk even though you are not real Elon, I love you. 😁♥💋

  • @krishmishra514
    @krishmishra514 3 месяца назад

    I love the fact that their net worth is actually equal to their worth. I mean to say most of them don't have actual money, it's just how much their credibility is which is used by them to spend.

  • @lifeplantips
    @lifeplantips 13 дней назад

    He is simply amazing,!

  • @fabybless
    @fabybless 2 года назад +3

    IT JUST SHOWS HER OWN INFERIORITY . LET THIS BRIGHT AND GENUINE MAN WHO HAVE SO MUCH TO GIVE TO DO GOOD TO HUMANITY. Politicians they just talk and expend the taxpayers money.

    • @classicleslie6914
      @classicleslie6914 2 года назад

      Politicians have always been about taking money and oppressing the people ultimately. They are the ones who the poor should be after. Politicians never give anything in return. They sell you your oppression which is always a lie, cater to your emotions and manipulate it to get them into power so that they can take money and change laws only to suit them, only for the money. The government and politicians should always be kept at a limit, like as a garden snake and far away from a dragon.

    • @CEO-ElonMusk
      @CEO-ElonMusk Год назад

      Thank you for reaching out ❤

  • @danielwright4931
    @danielwright4931 4 месяца назад +3

    Absolutely love it!! Although you can’t predict the future, you can prepare; the journey is not always easy, embrace persistence, patience and perseverance. Outline your goal and pull your efforts together to attain that goal. I had a fair share of struggles before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope, my friend.

    • @Mikael00898
      @Mikael00898 4 месяца назад

      That’s a great motivation! I thought about crypt0 but unsure of it. I currently make $64k/yr. No investment and I need to do something quick. What can I do?

    • @ameliaemerson2250
      @ameliaemerson2250 4 месяца назад

      I’m very much aware of the great benefits of working with a pro but I haven't found one for myself.

    • @danielwright4931
      @danielwright4931 4 месяца назад

      Spot on. The market presents a lot of opportunities to create passive income, with the right skill and proper understanding. Whether you’re not sure about what to invest in, or you don’t have time to manage your assets, just make sure to consult an advisor.
      I partner with Olivià CharIotte OswaId.

  • @sylvesterogbolu-otutu1498
    @sylvesterogbolu-otutu1498 2 месяца назад

    Elon Musk has already achieved great things. I respect him as a visionary and futurist. He has advanced the technological progress of modern society.
    Nobody should expect Elon Musk to do philanthropy at this time. He is still consolidating his businesses.
    Even Mr. Bill Gates that went into the philanthropy business is not too well liked either by many people.

  • @johnpersad5557
    @johnpersad5557 Месяц назад +1

    I love Elon 💘and against anyone that doesn’t like Him as they did nothing to deserve this Man! (Joycelyn Persad) 😱😱😱

  • @mpho438
    @mpho438 Год назад +7

    I love how Elon Explains step by step how to become a billionaire in this video, he clearly outlined the process, and the title wasn't clickbait at all.

  • @debbiesolomon4738
    @debbiesolomon4738 Год назад +8

    We definitely need more men like Elon...

    • @colbicolbiWTF
      @colbicolbiWTF Год назад +1

      no we dont, he got 16 billion from bailouts and wellfare.

  • @KT-gm1no
    @KT-gm1no 5 месяцев назад +1

    It’s not so much about having a fat wallet. With his resources he doesn’t worry about household utilities, food or healthcare/car payments..The average American is having to choose what bill gets paid when they get a paycheck

  • @user-yn5yd6we3h
    @user-yn5yd6we3h 2 месяца назад

    Tesla will never go bankrupt if is for the greater good of humanity

  • @julietsteve6600
    @julietsteve6600 2 года назад +29

    This period making a good profitable investment should be in every wise individuals list ♥️♥️🔴

    • @rachaelariana7759
      @rachaelariana7759 2 года назад

      @John S. Davis I also trade with Samuel Richard, his trade strategies helped me earn $21,750 after a successful investment of $2,500

    • @lilianraulmaria4
      @lilianraulmaria4 2 года назад +1

      Without the help of expert Samuel Richard, I would have still been in abject poverty struggling with life

    • @rolandsam1529
      @rolandsam1529 2 года назад

      @@lilianraulmaria4 You can’t compare Mr Samuel Richard strategies with others, his so accurate and he helped me grow my portfolio above $30,000

    • @dawnsonmorgan4100
      @dawnsonmorgan4100 2 года назад

      My previous trade with him gave me a total profit of €18,000 so am definitely going for a new trade this week.

    • @marystone1471
      @marystone1471 2 года назад

      Please I really need to get this, how can I start trading with Samuel Richard??

  • @timmiet47321
    @timmiet47321 2 года назад +4

    That's a man of integrity and willing to put it all on the line.

  • @lubabalokhulu658
    @lubabalokhulu658 8 месяцев назад +1

    In other words he's saying he's worth billions but he doesn't have billions as cash, it's like saying he's worth 10 million but he only has 100 dollars in his pocket or bank account

    • @LITTLE-ROCK
      @LITTLE-ROCK Месяц назад

      Not a good analogy. Billions worth of stocks don't mean cash you can use anytime or sell anytime. If you have land, the price would increase over time and so in that sense that's real wealth; but stocks prices can fluctuate heavily and even if doesn't you can't sell a big amount of it, for that would bring down the stock prices in the Market. You may have heard of Anil Ambani who was among the top ten richest people on earth around 2008 but his networth today is zero or even minus, due to his stock prices going down badly. Instead if he had bought 10 billion worth of real estate at that time, he would probably be worth 50 billion today.

  • @joefunk76
    @joefunk76 Месяц назад

    Elon was rich enough to retire to a great life after he sold PayPal around 20 years ago and made $150M from his share of it. He has been beyond generous, working almost non-stop and devoting his life to improving the future experience of mankind.

  • @Nick-xc4fy
    @Nick-xc4fy 11 месяцев назад +8

    He has loans against his stock to avoid paying taxes. Not in the spirit of the law but by the letter of the law, not illegal, also high risk/ high reward. If politicians are so desperate to have the super rich pay taxes, then change the rules.

    • @Awoken369
      @Awoken369 11 месяцев назад +2

      I was looking for this comment. This is exactly what i said in a long winded form 😂.

    • @vickijohnson9367
      @vickijohnson9367 6 месяцев назад +1

      @@Awoken369 The easiest way to say it and understand it is; The borrowing transaction is not a taxable event in most jurisdictions.
      All of the super wealthy pay themselves in stock, and borrow, using the stock as collateral (also how Bitcoin is used to get dollars to pay the bills.) The real difference is that the Federal Reserve (head private bank in U.S.) will do whatever it takes to prop up the stock market and get them the inflation they need to rule over all who trade their time for currency. Like Trump stated, “the rich live off debt”. Fact, that’s why they don’t pay taxes, we don’t tax debt as income.🤗

    • @burgersx2
      @burgersx2 3 месяца назад

      lolz so should we pay taxes on house and car loans as well

  • @lauriemaitiq3153
    @lauriemaitiq3153 2 года назад +5

    It is only on how you use your money. God loves the rich and the poor. But it depends on how you use money. Because everything came from God. The money that we get comes from God. For God is the one who supplies for all of our needs. But if you have the attitude for the "love of money", then that is wrong towards God. Because money is the root of all evil.
    Jesus said unto him, (the rich man), If thou be perfect, go and sell that thou hast, and give to the poor, and thou shalt have treasures in heaven: and come follow me. Then said Jesus unto his disciples, Verily I say unto you. That a rich man shall hardly enter into the kingdom of heaven.

  • @azirbirdo9300
    @azirbirdo9300 Месяц назад

    its not about succes or having money its about helping with this money instead of creating expensive cars

  • @devthomaskutty550
    @devthomaskutty550 2 месяца назад

    People hating him for not donating money but hes investing it instead to create better products and companies. Why not appreciate that? He some to do the same like me.

  • @seannagel8718
    @seannagel8718 2 года назад +4

    Loans against his stocks. Said it himself. Thats one trick to avoid paying taxes.

  • @simsim8865
    @simsim8865 2 года назад +3

    Jealous people will always hate successful people. Its a sad human trait.!! No need to worry about those people... They will not contribute anything valuable to anyone anyway.

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +2

      exactly, I read this somewhere, Envy is the greatest evil force of human.

    • @simsim8865
      @simsim8865 2 года назад

      @@SecretsofInvestingThat is sooo true. Funny how those same people will try and shoot you down, but spend all their time trying to be like you.....

  • @claylindsay2877
    @claylindsay2877 Год назад +1

    Elon wants money so he can try to change the world for the better he deserves to be a millionaire

  • @devthomaskutty550
    @devthomaskutty550 10 дней назад

    World would be boring without unique minds like his.
    We both have asperger syndrome and he inspires me to achieve success my own way and be happy for my condition too not just ashamed.😍

  • @msw170
    @msw170 Год назад +7

    Humility at its best! Health, peace, prosperity, and happiness to you. ❤

    • @m.s9146
      @m.s9146 Год назад

      He isn’t humble. He is logical, rational thinking has worked for him.

  • @LIVEMUSICJUNKIE916
    @LIVEMUSICJUNKIE916 2 года назад +4

    The challenge is he can leverage his stocks with loans, which don’t count as income, so he can have wealth without paying taxes. He sold a bunch of stock, so he will pay his fair share now, but this is common place in the elite. They don’t pay themselves, they leverage their companies and avoid tax

    • @dylan64368
      @dylan64368 2 года назад

      he should pay taxes on income he hasn’t earned? So if you buy stocks you should also pay taxes before you actually make any money ?

    • @LIVEMUSICJUNKIE916
      @LIVEMUSICJUNKIE916 2 года назад

      @@dylan64368 I’d do the same thing if I were him, I’m simply explaining it’s a way to avoid paying taxes. However, if you realize gains over, I don’t know, say $100MM in a year (in the market), I think it would make sense to pay a tax so middle america isn’t footing all the bills. This is coming from a moderate conservative

  • @djdefaut6869
    @djdefaut6869 4 месяца назад

    He worked hard for it, so what he spends it on is up to him .Also he needs a lot of money to bring his dreams into reality. His space x program is a step in the right direction .

  • @wisewomanhealing
    @wisewomanhealing 5 месяцев назад

    I don't think billionaires or anyone with Money needs to 'give back'.

  • @nothingisgiven8364
    @nothingisgiven8364 Год назад +3

    Elon Musk is a guiding light. It's the silent oligopoly people are angered by.

  • @carljohnson1556
    @carljohnson1556 8 месяцев назад +3

    Elon- "My cash balances are very very low". Meaning at least a dozen billion dollars😂

  • @thechiefhappinessofficer
    @thechiefhappinessofficer Месяц назад

    Basically if his biz went broke he'd be broke which is also why he pushes for greatness. Not for the financials but for the progress

  • @dabro363
    @dabro363 4 месяца назад

    When a Elon musk says he doesn't have a massive cash balance you know you Need to work harder 😤

  • @Dara-ih6jq
    @Dara-ih6jq Год назад +3

    Imagine doing as much for humanity as Elon musk has done to move humanity forward, and then some person who is pretty much done nothing that some other random person couldn’t do has the audacity to say you’re not paying your fair share.

  • @cristinafisher2565
    @cristinafisher2565 2 года назад +2

    He knew how to leverage his assets to obtain a goal. He is smart, knows how to ignore nonsense.

  • @richardpeers2565
    @richardpeers2565 2 года назад +1

    so friggin honest !!! a rare commodity now a days !!! good luck and God Bless you Elon !!!🙏👆🙏👍👍👍🇺🇸🇺🇸🇺🇸

  • @kathleenmaionchi2566
    @kathleenmaionchi2566 6 месяцев назад

    I love your brain, Elon and find you charming!❤❤❤

  • @SF-zc3mm
    @SF-zc3mm Год назад +2

    Remember, this is the 1% billionaires. It's completely different from the people that profit off milking others or inherit positions/accounts. It's very rare to find a billionaire whose companies are as ethical.

    • @colbicolbiWTF
      @colbicolbiWTF Год назад

      16 billion dollars is what elon has taken in wellfare, handouts and bailouts just from obama alone. yet he thinks school lunches are socialism

  • @Garmoo5600
    @Garmoo5600 2 года назад +4

    Billionaires doing the work other dread to do! I'm fucking glad I don't have to make the kinds of decision!
    I would like to be a millionaire but I don't have the attention spand to deal with the headaches, you can call me lazy but ADHD and Dyslexia is terrible!
    hats of to all you millionaires and Billionaires out there and thank for the one that create corporations that allow mea to earn a wage and buy stuff!

    • @SecretsofInvesting
      @SecretsofInvesting  2 года назад +2

      very well Jordan! everyone has their own decisions to make. some have the guts to take risks and some don't want to,.. but some people like you are doing just fine and completely happy with their lives! hats off to you as well :)

  • @nimfajeannobtv20
    @nimfajeannobtv20 8 месяцев назад

    Billionaires are smart.

  • @finnwilder3858
    @finnwilder3858 25 дней назад

    Be born to rich parents = become billionaire

  • @KingTrunkzdbz
    @KingTrunkzdbz 2 года назад +3

    They take out loans to pay their debts and in that way avoid paying taxes on billions in earned income, because when you pay your debt through a bank loan you can take tax deductions and not have to pay taxes.

    • @Wirmish
      @Wirmish Год назад

      No. He didn't avoid paying taxes because he have no income. He have no salary from his companies.
      Not a long time ago he didn't have money, only shares of his companies. You can't go in a restaurant an pay with your shares. Selling share is bad. That's why he use loans.

  • @drummergod2006
    @drummergod2006 Год назад +3

    Yeah we have people starving in this world, but also have people who can prevent it.

    • @OGTennyson
      @OGTennyson 7 месяцев назад

      Why don't you go prevent it then😂😂

  • @bigbawsdogg
    @bigbawsdogg Год назад +1

    He makes money from money that doesn't exist. Seems like wealth to me.

  • @dg3423
    @dg3423 Год назад

    Billionaire always act like they don't run behind money but inside they beg more for it which is literally defined by their net worth

    • @scale...3d
      @scale...3d Год назад

      People who run behind money are the workers and slaves who do 9 to 5. Billionaires make money work for them.

  • @ob5393
    @ob5393 2 года назад +4

    His entire existence is giving to us.

  • @musicgal9830
    @musicgal9830 Месяц назад +3

    Okay but when he says ‘bankrupt’ I don’t think he means ‘not enough money for food or gas 😂

    • @donaldmack2307
      @donaldmack2307 Месяц назад

      Yeah like he says "my cash balance is low.... unless I sell my stocks" lol

  • @TheGstyle70
    @TheGstyle70 2 года назад +1

    Elon ‘s worth is priceless !! Just like listening to Mozart

  • @AngryAsian69
    @AngryAsian69 2 года назад +3

    Elon Musk is the only African American that's benefitting society

  • @vish5030
    @vish5030 2 года назад +3

    But he got divident though

    • @frisco61
      @frisco61 2 года назад

      Tesla doesn’t pay dividends.

  • @michellearroyo816
    @michellearroyo816 4 месяца назад

    People need to go get a job this man has earned every penny and still works crazy

  • @mannyperez28
    @mannyperez28 Год назад

    Elon is my favorite he is the best

    • @Elonmuck730
      @Elonmuck730 Год назад

      Thanks for being a fan and supporting me I really appreciate i thanks god I came across this comment thanks❤

  • @gormenfreeman499
    @gormenfreeman499 6 месяцев назад

    He is giving back to the world by standing above the crowd to organize and lead the crowd to create a product. Few have the gumption to do it, so the rewards are high for anybody willing to lead.

  • @careemshah682
    @careemshah682 2 месяца назад +1

    Basically, use debt against your assets to obtain more business & money, thus keeping your assets at the same time which make more money from through capital appreciation - Got it ..

  • @pratikharwal
    @pratikharwal 2 месяца назад

    The fact that people think he didnt give his fare share back means that people don't understand how individualism works on a global level in regards to profiting society and modernization just by one doing his work or job effectively and efficiently

  • @Janethmargallocarable
    @Janethmargallocarable 2 месяца назад

    Very humble elon musk,i love being real ,its fine you still a billionair

  • @faulkbl
    @faulkbl 3 месяца назад

    Wealth inequality is an economic issue. It is not a complaint that he didn’t or doesn’t contribute. The framing doesn’t really weigh anything it ignores the real issues that come from extreme wealth gaps. Investors many times ignore societal issues because they are intrenched in a capitalist ideology and minimizes true effects it can have society. I say all this and I still like Elon.

  • @robertduran178
    @robertduran178 5 месяцев назад

    Elon barely sleeps, he has worked very hard to build companies. I dont have any money but why should I feel like Elon has to share his wealth with me? Not at all, he worked for it he deserves it, he doesn't have to share a penny with anyone.

  • @devthomaskutty550
    @devthomaskutty550 2 месяца назад

    This guy and his team do more to earth than any government would do. Hating them makes you part of the matrix.

  • @LorraineHutch
    @LorraineHutch 2 дня назад

    Elon you don't have to explain or apologize to snoopypeople

  • @moirarussell1950
    @moirarussell1950 6 месяцев назад

    People hate it if we’re happy, or pretty, or rich,or talented or blahh blahh. Who cares? Elon is clever and funny and nice… he will always have good friends and admirers.

  • @user-jt7fk6cc5m
    @user-jt7fk6cc5m 7 месяцев назад

    ❤❤❤❤❤Elon you're my hero ❤️ 🙌 👏 ♥️

  • @jerimiller5651
    @jerimiller5651 2 года назад +2

    He's highly intelligent, seems like a really nice guy. He doesn't seem to snub us poor folk, has good intentions,.. Why amber hurt????

  • @courtneyawalsh
    @courtneyawalsh Год назад +2

    Wonder if the interviewer thinks being poor, hungry & living in a tent city mere miles away from extreme privilege is: aggravating & annoying?🤪🙄🤡

  • @PraxisOfHealthBillFaulkner
    @PraxisOfHealthBillFaulkner 8 месяцев назад

    It's 2023 and it's absolutely staggering at how many people still think that wealth is cash money - it's not and never has been!
    Wealth by definition is "value". The old English word for "wealth" is "weal". This is the word that's referred to in regards to "well-being".
    If you can create a product or service that can add a greater sense of "happiness, health and comfort" to another person, you would have created more wealth (well-being) in the life of that person.
    Wealth is not "truck loads of cash" stored up in a vault. However, people will always exchange their money for something that can make life more comfortable, healthier and happier ".