How To Become A Millionaire On A Low Income

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  • Опубликовано: 1 фев 2025

Комментарии • 868

  • @tavtaverner5886
    @tavtaverner5886 10 месяцев назад +34

    No ads, no selling something, just the straight-up truth. Thanks for that Andrei! It's all about time management. Unfortunately, "youth is wasted on the young" and often we are not able to appreciate this at the age in life when investing should start.

  • @jparada04061
    @jparada04061 10 месяцев назад +505

    But, I don’t want to die a millionaire, I want to live a millionaire.

    • @AndreiJikh
      @AndreiJikh  10 месяцев назад +223

      Millionaires don't become millionaires by living like....millionaires.

    • @irelpiomercado3478
      @irelpiomercado3478 10 месяцев назад +22

      @@AndreiJikh dang bars

    • @alvaro93364
      @alvaro93364 10 месяцев назад +14

      You will never be a millionaire with that mindset, so you might as well give up. Or change your way of thinking

    • @novaricos
      @novaricos 10 месяцев назад +8

      when you live conspicuosly like a millionaire,
      you'll have all sorts of 'friends' and relatives (you never knew you had)
      and strangers, thinking that you should fund all their fun and lifestyles too
      (and then abandon you when it comes time to 'pay the piper' and your money and credit run out, then they'll be on to the next sucker!)

    • @theautomomma6750
      @theautomomma6750 10 месяцев назад +1

      😂

  • @shanep2760
    @shanep2760 10 месяцев назад +145

    Congrats on hitting $1mil!! I just hit $100k in my my 401k a couple months ago.

    • @arh1234
      @arh1234 10 месяцев назад +4

      Well done! You're starting to get some real momentum

    • @dean4125
      @dean4125 10 месяцев назад +7

      i hit 100k a year ago. turning 42 this year

    • @plutonicresilience
      @plutonicresilience 10 месяцев назад +1

      Congrats!

    • @AndreiJikh
      @AndreiJikh  10 месяцев назад +9

      Congrats!! I hope you celebrated and got some pizza!

    • @jedimastertrije6351
      @jedimastertrije6351 10 месяцев назад

      Ah yes the famous company pizza party because they can afford a raise​@AndreiJikh

  • @ramu9877
    @ramu9877 10 месяцев назад +70

    Best RUclipsr only RUclipsr doesn’t sell anything and doesn’t push anything honest. Anyone could do it safely and regardless of how old you are.

  • @Steve_Takes
    @Steve_Takes 10 месяцев назад +598

    "All you have to do" = 65 Years 😂😂

    • @chozen_juan
      @chozen_juan 10 месяцев назад +38

      it take about 50 years to get to 2mill and by the time 50 years passes inflation will have set in so heavy that 2mill will equate to around 300k. Might as well just spend your money on the things you like.

    • @DannyBrooks1
      @DannyBrooks1 10 месяцев назад +23

      The sooner you start the better. Compound interest is your best financial friend.

    • @charlesjohnson7458
      @charlesjohnson7458 10 месяцев назад +1

      ikr

    • @RightFootForward11
      @RightFootForward11 10 месяцев назад +8

      That time is going to pass anyway

    • @DamianBadalamenti
      @DamianBadalamenti 10 месяцев назад +14

      ​@@chozen_juanStocks stay ahead of inflation

  • @redwhiteandtruth
    @redwhiteandtruth 10 месяцев назад +54

    The video should be titled: How to become a elderly millionaire. From my understanding, compound interest is most beneficial when you invest in your early 20's.

  • @xiphoid2011
    @xiphoid2011 10 месяцев назад +110

    This is at the center of Asian mentality -- long term planning. My parents came to the US in the late 80s as dirt poor graduate school students, graduated in early 90s. Saved half of their paychecks (which admittedly is upper middle class being PhDs) and invested in the 401k and diversified portfolio, took early retirement mid 2010s. Less than 25 years worked, total net worth almost $4 mil. Power of compounding is very powerful, but the savings habit is just as important. The low savings rate in America is the main reason why most Americans can't afford to maintain the same life style during retirement.

    • @Dgnmuse
      @Dgnmuse 10 месяцев назад +11

      I’d say it’s also lack of education and awareness on money. The average American isn’t set up to even have opportunities to invest. Especially those who are in low income and then struggling to find any work or support their parents at 14-18. Then you add in scams and MLM companies and it’s tough.

  • @kevinjrleahy6371
    @kevinjrleahy6371 10 месяцев назад +11

    A divi millionaire!!!!🎉🎉🎉
    Congrats Andrei. Watched your journey from the beginning and I appreciate what you do for the personal finance community! Genuinely entertaining and educational, every time.
    Inspirational.

    • @AndreiJikh
      @AndreiJikh  10 месяцев назад +1

      Thanks so much!!

  • @jolseywales
    @jolseywales 10 месяцев назад +50

    To all us entitled individuals. Andrei, this was a very (and very important) necessary video. Thank you for making us aware. Now no one cannot say they were never told when they're old and destitute.

  • @WealthbuilderzTV
    @WealthbuilderzTV 10 месяцев назад +36

    Your magic tricks are definitely attention-getting. Love the video from start to end. Great information.

  • @roamingalone5226
    @roamingalone5226 10 месяцев назад +253

    I feel sad for the old folks who were so frugal and died with millions left behind. I would never want to be the one like that. Life is short work hard play harder.

    • @Willis-de5hx
      @Willis-de5hx 10 месяцев назад +51

      They lived the life they wanted ... Only person who is sad is you .

    • @Atrus999
      @Atrus999 10 месяцев назад +12

      @@Willis-de5hx You don't know that.

    • @HoldDaMayo
      @HoldDaMayo 10 месяцев назад +4

      1000% agree

    • @Willis-de5hx
      @Willis-de5hx 10 месяцев назад +11

      @@Atrus999 actually I knew a few old people that lived that life .. major Penny pinchers ... But they had all the money they could ever want and need and they still had that mindset to save money to live that cheap life but they never struggled... And when they passed away they literally left all the money to their Church they had no family family members left to leave the money to. Definitely dad but it happens...

    • @Atrus999
      @Atrus999 10 месяцев назад +4

      @@Willis-de5hx I never said it never happened, what I said was you don't know that they lived the life they wanted.

  • @yashjanuha2704
    @yashjanuha2704 3 месяца назад +523

    The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance

    • @InsightMemes
      @InsightMemes 3 месяца назад +5

      The fact that nobody cares about the book whispers of manifestation (AI written) on borlest speaks volumes about how people are avoiding getting thrown into a trance.

    • @louisinese
      @louisinese 2 месяца назад

      @@InsightMemes Average Doge W

  • @Kfdgj
    @Kfdgj 10 месяцев назад +80

    Are we going to glance over the fact that they never spent any money that they invested so basically it was scrimping and being frugal your whole entire entire life to give the money to people you don’t know

  • @dhyde9207
    @dhyde9207 10 месяцев назад +91

    Given enough time, anyone can do this. But, some of us are way past the point where we have enough time left.

    • @briano8173
      @briano8173 10 месяцев назад +9

      This is my issue. I've only been investing on my own for a couple years but I don't have 30-50 years. Unless by some miracle...

    • @Karen.c.h
      @Karen.c.h 10 месяцев назад +3

      Exactly. What is the advice for his parents?

    • @ZidaneSteiner
      @ZidaneSteiner 10 месяцев назад +11

      Then you either accept the reality that you will never become a millionaire. Or you take a lot more risks.

    • @FIR2031
      @FIR2031 10 месяцев назад +2

      Do you have kids? Make sure they don't make the same mistake and start early

    • @briano8173
      @briano8173 10 месяцев назад

      @@FIR2031 and don't forget that you can have them as beneficiary.

  • @KristinaKage
    @KristinaKage 10 месяцев назад +21

    I think people are missing the point here. You don’t have to live as frugal as the people he mentioned. He’s showing every day people that became multi millionaires. He said if you invest $600/month you’ll get there if you start early enough. Never did he mention not enjoying your life. Just living below your means.

    • @purpleprincess8998
      @purpleprincess8998 10 месяцев назад +4

      EXACTLY.

    • @AndreiJikh
      @AndreiJikh  10 месяцев назад +8

      Yep! Not surprised. If this message resonated with people, most Americans would be on track to a good retirement. Unfortunately that's not the case

    • @donaldlyons17
      @donaldlyons17 10 месяцев назад +1

      @@AndreiJikh You mean if they lived on 90% , 75% or 50% their incomes like you most likely did at points "most Americans would be on track to a good retirement" Dude you can't be non aware of this issue because as YOU HAVE MADE MORE YOU COULD ALSO REACH HIGHER NUMBERS FASTER!!!!

  • @purpleprincess8998
    @purpleprincess8998 10 месяцев назад +8

    Thank you for this Andrei. I LOVE how you think of, care about and work to help the ‘common man.’ God Bless You!✨

  • @frankthedentalhygienist6699
    @frankthedentalhygienist6699 10 месяцев назад +9

    Congratulations!!! Have been following for a few years now. So excited for you!!

  • @alln5739
    @alln5739 10 месяцев назад +10

    Love your light hearted care free disposition. Thanks for sharing.

  • @Atrus999
    @Atrus999 10 месяцев назад +73

    Congratulations on your $1 million! I'll catch up to you one day. 😂

  • @ExpensivePizza
    @ExpensivePizza 10 месяцев назад +9

    When I was younger I used to dismiss these videos as stupid. Who wants to wait 65 years to become rich?
    But the missing piece of the puzzle Andrei didn't mention is all the benefits you get along the way. Owning valuable things reduces your stress and anxiety, improves your credit rating, allows you to borrow against your assets, means you have something to leave your children, gives you the freedom to consider retiring early, changes your time preference from short term to long term and makes you more attractive.
    Don't underestimate the power of compounding. It's not about the destination.

  • @SangTalksMoney
    @SangTalksMoney 10 месяцев назад +11

    This video gives a lot of hope, Andrei!!

  • @dorkin_aint_easy
    @dorkin_aint_easy 10 месяцев назад +15

    I'll have enough money to enjoy life, right at the end of my life when I'm too old to enjoy life.. Wonderful.

  • @dahizzy7010
    @dahizzy7010 10 месяцев назад +13

    Thank you for showing the truth 🔥🙌🏻

  • @Anamnesis
    @Anamnesis 10 месяцев назад +804

    answer: live rent free, steal food, and don't buy anything for the rest of your life 👍

    • @AndreiJikh
      @AndreiJikh  10 месяцев назад +235

      Aladdin?

    • @Anamnesis
      @Anamnesis 10 месяцев назад +69

      @@AndreiJikh essentially, yes ... and I'm sure our Jasmine will come along any day now

    • @rohitd98
      @rohitd98 10 месяцев назад +17

      This is still feasible in modern day house hack & shop lift😂

    • @PatriesPosse
      @PatriesPosse 10 месяцев назад +16

      Looking homeless at my favorite coffeeshop is not really my thing

    • @MarioMaresSr
      @MarioMaresSr 10 месяцев назад +24

      I got the rent free part. I live in my trailer with a solar system and free water from the city😊

  • @VanGoghGlobetrotter
    @VanGoghGlobetrotter 10 месяцев назад +8

    I love these inspirational stories of regular people achieving such amazing things! 😊

  • @grandacres427
    @grandacres427 10 месяцев назад +1

    i stopped by for the MAGIC 🤩🤩 Andrei you always Bless your viewers with Gems💎💎and your magic tricks are BOSS! may GOD Bless YOU 🙏🏽

  • @JethiyaCG
    @JethiyaCG 10 месяцев назад +8

    Hey Andrei thank you for the video

  • @alexobariase1273
    @alexobariase1273 10 месяцев назад +5

    Best youtuber! Well detailed and concise

  • @couloir1
    @couloir1 10 месяцев назад +3

    This video was one of my favorite from Andrei. So good.

  • @mr.c5411
    @mr.c5411 10 месяцев назад +3

    Another great episode!! Inspiring to those of us who save like crazy. Thank you!!

  • @timbytyqi
    @timbytyqi 10 месяцев назад +4

    Congrats on hitting the 1m mark on your Robinhood account! Iv been following for a while and I can imagine how much this means to you!

    • @AndreiJikh
      @AndreiJikh  10 месяцев назад +1

      Thanks so much!!

  • @jmyname8290
    @jmyname8290 10 месяцев назад +3

    this was a great episode Andrei! love the perspectives and the numbers

  • @AB-vm1mf
    @AB-vm1mf 10 месяцев назад +6

    Congrats on your million portfolio I’ve been following you when your portfolio was at 180k congrats man 👏

  • @tiwarivikram
    @tiwarivikram 10 месяцев назад

    That was one of the best videos of yours, Andre!
    You are the best! Thank guy for not trying to sell us anything. It makes you more legitimate and honest!

  • @dominiquetheeasyminimalist
    @dominiquetheeasyminimalist 10 месяцев назад +328

    Stay single, no family, kids or friends, eat rice and beans, wear the same t-shirt for 40 years, live like a hermit, and in 75 years give all you own. My Dream Life, how fulfilling it is to be a multi millionaire when you die 🙄

    • @curtfromcanada6988
      @curtfromcanada6988 10 месяцев назад +24

      Savers enjoy saving money. Financial Freedom is worth more than spending a million dollars.

    • @lolu5334
      @lolu5334 10 месяцев назад +27

      ​@@curtfromcanada6988not when ur dead😂

    • @yousifyounan6579
      @yousifyounan6579 10 месяцев назад +20

      Answer is to spend less than what you make while you enjoy your life. Could be saving up for a rental property and increasing your income through that. Or having a side just a high paying job.
      It's not hard to be in the middle. Just don't be the extreme of saving everything and the extreme of being heavily In debt on debt

    • @jux3283
      @jux3283 10 месяцев назад +17

      ​@@lolu5334 Thats so dumb, materialism wont mean anything when youre dead either

    • @jux3283
      @jux3283 10 месяцев назад +14

      OK then stay poor

  • @beyourbest2824
    @beyourbest2824 10 месяцев назад +4

    This should be a lesson for 5th graders, and should be repeated throughout all their studies… start investing as soon as you get any money, stop looking at the shoes, the cars, etc… build wealth and help your future generations to continue building on top of it…

  • @corpuzone
    @corpuzone 10 месяцев назад +2

    I know compound interest takes time many years as we see but it’s like a long term safety net one can build. Just maintain it and keep investing go automatic to auto transfer from a bank account and forget it.

  • @MJLGEE
    @MJLGEE 9 месяцев назад +1

    Andrei - you’re awesome! Congrats!

  • @RedMoonRising24
    @RedMoonRising24 3 месяца назад +1

    HANDS DOWN best explanation of compound interest I’ve ever heard 👏 and comically stated 😂

  • @zsoltecsedi2805
    @zsoltecsedi2805 10 месяцев назад +2

    I'd definitely make this video a compulsory lesson at school. So simple, so great, so true.

  • @cryptowire
    @cryptowire 10 месяцев назад +6

    Make your Money Work For you

  • @furkanercan88
    @furkanercan88 10 месяцев назад +3

    Nice content, Andrei, as always! You should definitely check out the meaning of your right-hand gesture at @14:35 among the Turks :)

  • @s.stewart2786
    @s.stewart2786 10 месяцев назад +3

    The magic is getting elite. Soon you'll need to create an entire channel full of magic 😊

  • @fildyb
    @fildyb 10 месяцев назад +2

    As usual we need to understand, Andrei made his fortune because he found his passion and started a youtube channel. If you want the same million he just achieved, find your obsession and make a youtube channel talking about it.

  • @ElusiveMagician
    @ElusiveMagician 10 месяцев назад +2

    Congrats Andrei! Watching since 2019

  • @joaocarlosoliveira3785
    @joaocarlosoliveira3785 10 месяцев назад

    One the best financial video out there! Thank you ❤

  • @GeorgeCaddy-p5g
    @GeorgeCaddy-p5g 10 месяцев назад +3

    Great explanation. I started at 68 and who knows maybe I'll come close.

  • @Antiprogressivepraxis
    @Antiprogressivepraxis 10 месяцев назад +5

    DCAing baby!

  • @esteven38
    @esteven38 10 месяцев назад +5

    Andrei, do you have any advice for people like myself that are getting a late start in life? I’m currently investing, but at 64 years of age, I don’t see myself becoming a millionaire. Thoughts and ideas?
    Thank you.

    • @curtfromcanada6988
      @curtfromcanada6988 10 месяцев назад +1

      Assuming you are debt free you can still enjoy financial freedom with less than a million dollars in retirement, Going for walks, visiting friends, playing cards, getting a library card are all essentially free. Living a frugal retirement. If you need to keep working for a couple years get a job that you actually want to do even if it doesn't pay well. If you want to travel, get a larger house, fancy car, eat at fancy restaurants all the time, drink fancy wine to impress the neighbors sadly the time for your compound interest has ended and this lifestyle might not be in the cards for you. ( I wouldn't want it anyways. )

  • @LotzofGames
    @LotzofGames 10 месяцев назад +1

    whats the taxes on that after you sell????

  • @Kiko_C
    @Kiko_C 10 месяцев назад +5

    Time, experiences and memories are priceless and way more precious than 1, 8 or 12 M after 70 years. You can build your wealth but still enjoy life...

  • @joshuamaltez4704
    @joshuamaltez4704 10 месяцев назад +1

    Glad you making this. It’s been a while since your investing vids. So awesome seeing it grow and your insight. Now that you made it, glad you’re making a new how to.

  • @rurfinance
    @rurfinance 10 месяцев назад +2

    0:18 Key phrase: Hidden Cost on Our Wealth

  • @Steve-mp7by
    @Steve-mp7by 10 месяцев назад +15

    I flip burgers at McDonald's for $20 an hour. I'm on my way to financial freedom

    • @jomccaughey6531
      @jomccaughey6531 10 месяцев назад +3

      That's all you need! 😸 - No joke.

    • @alln5739
      @alln5739 10 месяцев назад +7

      Same. 58 years old. Just started this year. 40k net worth.
      Start with 401k. Then Roth IRA. Eat scraps at work and invest every paycheck.👊

    • @alandfaraway552
      @alandfaraway552 10 месяцев назад +1

      Your money is theirs lolololol😂. Funny guy Andre

    • @summerbreeze5115
      @summerbreeze5115 10 месяцев назад

      ​@@alln5739
      58?
      What have you been doing all these yrs?

  • @getstuffexplained
    @getstuffexplained 10 месяцев назад +21

    First! Liked Andrei. And I wish also a nice day everyone who is reading this ❤

  • @DoubleFaceReal
    @DoubleFaceReal 10 месяцев назад +48

    whats the point of getting rich when you cant even spend it...

    • @laundrygoddess4
      @laundrygoddess4 10 месяцев назад +4

      Who said you can't? The examples choose not to but they could have

    • @curtfromcanada6988
      @curtfromcanada6988 10 месяцев назад +6

      Financial Freedom. The Freedom to do what you want when you want to do it. Help who you want when you want if you want. Fancy trinkets and gadgets and impressing people are not important to frugal people.

    • @Mr_Sandman-s3q
      @Mr_Sandman-s3q 10 месяцев назад +8

      @devsimplified, your comment is what rich people call “poor mentality”. Rich people use their assets to generate what’s called passive income, while they appreciate in value, they also produce consistent income. They use their consistent income to fund their lives, while their assets appreciate in value over time. That’s how you get rich and get to spend money. Might want to educate yourself

    • @PaullHutchh
      @PaullHutchh 10 месяцев назад +9

      When people say they want a million dollars, what they really mean is "I want to spend a million dollars"

    • @jhoncena1111
      @jhoncena1111 10 месяцев назад

      You can spend. Just wait until you have at least a acpuple of million

  • @Jinyus
    @Jinyus 10 месяцев назад +1

    What happened to the doge millionaire dude, any updates?

  • @Maha-Shakti
    @Maha-Shakti 8 месяцев назад

    Congrats!!! ✊️😎
    Great money gags!

  • @AtizaJuanita
    @AtizaJuanita 10 месяцев назад +21

    Can't wait to become a millionaire at 70 years old, if I even live that long. I'm so down to live miserably for the next 50 years so that I can enjoy my last 10-15 years. Makes sense.

    • @kylebanks13
      @kylebanks13 10 месяцев назад +11

      Have fun working until you die because you didn't save any money for retirement.

    • @bigcauc7530
      @bigcauc7530 10 месяцев назад +5

      ​@@kylebanks13 not only that, but I don't see how people can't think of future generations having that money. Treat yourself occasionally, sure. Enjoy it but don't blow it. My one desire is to pass on inheritance that will make my kids lives easier, so they can relax and do better than I did, so they can continue to pass on the wealth and build it generationally and hopefully have enough one day to do something that will make a positive difference in the world.

    • @ipodtouch470
      @ipodtouch470 10 месяцев назад +2

      Its worse to be in your 60s with not a single cent.

    • @nvention20
      @nvention20 10 месяцев назад

      @@bigcauc7530 this is called a Legacy Trust .

    • @rayr6278
      @rayr6278 10 месяцев назад +2

      The issue here is your mentality.
      You think saving is living in misery. That you absolutely need those few hundreds every month to enjoy life.
      I have a 2k foldable phone, just dropped 2k last month on a motorcycle, still manage to save at least 10k a year from a 40k job. I can buy anything I want without going in debt, and I'm happy with my life. I just make the right sacrifices, I'd rather live in a Tesla on a plot of land than pay over 40% of my paycheck on rent, so I always find a good deal, or get roommates, or even pay rent to live in my parents house if the option is available. And I have hundreds of thousands invested. I just absolutely refuse to waste money on rent, the same way you refuse to save.

  • @mikedang413
    @mikedang413 16 дней назад

    Thank you ❤👍!

  • @heyitsdae
    @heyitsdae 10 месяцев назад +7

    "Your money is theirs = the IRS"... theIRS.. mind blown

  • @ZakiSalem-zh5gr
    @ZakiSalem-zh5gr 10 месяцев назад +10

    The answer is to save, invest, and have wealthy parents who give you a small loan of a million dollhairs 😊

  • @jeremybrummel3254
    @jeremybrummel3254 7 месяцев назад +1

    My trick to thriving on minimum wage is bicycling/busing instead of owning and maintaining a car, renting someone's spare room instead of renting an apartment, and avoiding pets and children. I don't have to go cheap on food, clothing, bicycle, or electronics. I learned working late nights gives 32-40 hours a week, and I only need about 24 hours a week to make ends meet.

  • @PlanetKaosIRL
    @PlanetKaosIRL 10 месяцев назад

    Come for magic stay for the finance 😅, great video as always 🎉

  • @milo23-v4s-z7y
    @milo23-v4s-z7y 10 месяцев назад +1

    ❤ hope this McDo pict 😊 it’s true with no rent, mortgage… They don’t have enough for the basic unless McDo pay well in US. It’s true, fantastic tuto, wish I knew before.

  • @emilsvensson6831
    @emilsvensson6831 10 месяцев назад +13

    Buy bitcoin for 15 years every month, the hardest asset ever

    • @Ethan-Schmidt
      @Ethan-Schmidt 10 месяцев назад +1

      Every month for 15 years?

    • @motopolak
      @motopolak 10 месяцев назад +2

      Long live BTC.

    • @V-ns7iy
      @V-ns7iy 5 месяцев назад +1

      It wasn't really sold by anyone early on.. People were giving it away for basically free, like filling a text captcha, such a missed opportunity.

  • @MasterZexploit
    @MasterZexploit 10 месяцев назад +6

    Great vid thanks for the advice !

  • @dannydiaz2
    @dannydiaz2 10 месяцев назад +3

    Congrats on reaching $1M 🎊🎉💯😎✌️
    Can you consider making a "Road to $1M Timeline" video? 👀 Things you did, why you chose those investment(s), wins/losses, and what you learned along the way? 📈

  • @kristofffo
    @kristofffo 10 месяцев назад +3

    There is no point in living like a begger only for the sake of dying as a millionaire.Undeniably, saving makes more sense than taking on debt :)

    • @cryora
      @cryora 10 месяцев назад

      You also have to have a stable career for all the time, which is less likely today with all the random layoffs due to economy downturns.

  • @sourenasahraian2055
    @sourenasahraian2055 10 месяцев назад +2

    These lessons and examples are basically drawn from a faily small book of “psychology of money” by Morgan Housel if anybody is interested

  • @PaRd_CrYpToHec
    @PaRd_CrYpToHec 10 месяцев назад +1

    She wasn’t investing in the same things as you, she was doing everything against what mainstream are saying

  • @AsianBoi1
    @AsianBoi1 10 месяцев назад

    4:00 Walked to school in the snow up the hill both ways sounds like a classic from @StevenHe. You two should collab. Would be a great show

  • @paulblart5358
    @paulblart5358 10 месяцев назад +1

    What about taxes? How do you deal with taxes?

  • @skreddy0440
    @skreddy0440 10 месяцев назад +1

    thank you andrei, i am from india

  • @NailGirlInMontana
    @NailGirlInMontana 3 месяца назад +1

    Can you go on a fast track to a million by starting with a large chunk initially? Like start with 10k and then add the 600/month into it? What would happen then? ((I'm bad at maths))

  • @yomainconseqquence
    @yomainconseqquence 10 месяцев назад +1

    Perry on 'Stupid Is The Norm' isn't only talking about this. He's doing it, working overtime as a taxi driver and buying properties.

  • @johnny_blades
    @johnny_blades 10 месяцев назад +1

    Live life and save money!
    It's kind of like walking and chewing gum at the same time. 🙂

  • @chadbailey7038
    @chadbailey7038 9 месяцев назад

    Gotta admit, some great value in this video 👏🏾

  • @dantbow
    @dantbow 10 месяцев назад +1

    Another entertaining video. Great examples of letting the market do its thing.

  • @marshachilds9445
    @marshachilds9445 4 месяца назад

    Keep up with the magic tricks LOVE your videos 😊

  • @Kobelovan
    @Kobelovan 10 месяцев назад

    What to invest into?

  • @oliverallen5324
    @oliverallen5324 10 месяцев назад +2

    This begs a very different question. These people didn’t have families, they didn’t use their money and ultimately it was all donated to strangers. Why should be follow these people? I appreciate the steady nickel and the need to save. I’m a student of Dave Ramsey. These particular examples don’t illustrate a life people want, one with a house & a family, however small.

  • @TheGreatTomDix
    @TheGreatTomDix 10 месяцев назад +4

    ALL YOU HAVE TO DO is say all you have to to do! Then anyone who disagrees is holding themselves back and doesn’t understand compound interest!😂😂😂

    • @donaldlyons17
      @donaldlyons17 10 месяцев назад +2

      Yeah such CR*P He knows better because he knows his numbers which he is slow to tell all us!!! But consider this having mindset people watch the video might bring in more dollars than having people who ask hard questions and don't watch.

  • @jinferno3454
    @jinferno3454 10 месяцев назад +2

    Nice video. I'll be showing to my kids.

  • @sweatynachos1422
    @sweatynachos1422 10 месяцев назад +34

    Whats the point of investing all this and only to reap to benefits when ur on ur death bed tho... seems like a selfless act for your grandkids and not yourself 😢

    • @UCzDwella201
      @UCzDwella201 10 месяцев назад

      Read my mind

    • @kylebanks13
      @kylebanks13 10 месяцев назад +5

      Have fun working until you die because you didn't save any money for retirement. Or are we just ignoring that part?

    • @curtfromcanada6988
      @curtfromcanada6988 10 месяцев назад +4

      You are looking at life through a spenders mindset, Try imagine life through a savers mindset. Frugal people enjoy being frugal. Financial freedom brings more joy to a frugal persons life than buying random things to try impress people who don't matter to that person anyways. Frugal millionaires don't care about big houses, expensive cars, private jets ect. The choice to work if you want to work or raise your grandchildren, go to the beach on a Wednesday or do whatever you want when you want to do it. Financial Freedom.

    • @camaranpayne5355
      @camaranpayne5355 10 месяцев назад +4

      Stop being selfish and give your kids a future

  • @jfdez5
    @jfdez5 10 месяцев назад +1

    High yield saving account /or a time deposit

  • @TalesOfTrillions
    @TalesOfTrillions 9 месяцев назад

    Proof that ordinary people can achieve extraordinary wealth with discipline and time. Ready to start my journey to millions 💪

  • @boomn216
    @boomn216 10 месяцев назад +2

    Is it safe to trust Robinhood with that much money?

  • @zakkrick
    @zakkrick 10 месяцев назад +2

    My coworker put 30% each week to his 401k, had a million at age of 52 and retired. Now I put 20% into my 401k and head towards the right direction

  • @MassManicMedia
    @MassManicMedia 10 месяцев назад +2

    The book unshakable by Tony Robbins has a good story like this about a guy who worked a regular job at Fed ex and just put a much money into etfs as possible over the years still got married still had kids and ended retiring a millionaire

  • @SammyNdlovu1212
    @SammyNdlovu1212 5 месяцев назад +4

    What l need to know is “how to become a millionaire before age 45” NOT 65😳😳

  • @RandomHubbb
    @RandomHubbb 10 месяцев назад +2

    After I was able to pass beyond his monchhichi face and start taking him seriously, I got excited about what he would tell. Then I got disappointed realizing I can enjoy the thrill of having a Porsche right before i die😁

  • @BrandonKalusa
    @BrandonKalusa 10 месяцев назад +1

    The walk to school in the snow and the IRS joke 😂

  • @Peter-77777
    @Peter-77777 10 месяцев назад

    Hey , i have question,
    because Bitcoin holder's: Microstrategy $9.1B, Galaxy Digital $912.1M, Marathon Digital $714.1M and Tesla $546.7M estimated.
    What happen to bitcoin price if all of these company sell all of their Bitcoin at the same time?

  • @Viviana-bebeg
    @Viviana-bebeg 10 месяцев назад +1

    The only issue here is time. It's less valuable to have money when ur older than when ur younger

  • @EDW4RD249
    @EDW4RD249 10 месяцев назад +2

    0:27 I NEED to learn that!

  • @girmaaghegnehu3184
    @girmaaghegnehu3184 10 месяцев назад +4

    hi andre I like your videos my first comment

  • @burgsymalone8269
    @burgsymalone8269 9 месяцев назад

    Congratulations!!! You are an inspiration.

    • @AndreiJikh
      @AndreiJikh  9 месяцев назад

      Thank you so much!

  • @marcangelo3718
    @marcangelo3718 10 месяцев назад +2

    Congrats andrei!

  • @dabeage
    @dabeage 10 месяцев назад +1

    Yes it is easy to save and get there, but if there is dead; what's the point? I think what most people want is to not only get there but live it.