6 Things Rich People Do Differently (START DOING THESE TODAY)

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  • Опубликовано: 1 авг 2024
  • Some rich people were born into money, but many got there because they took certain actions that the rest of us wouldn’t think to take.
    As they say, “A change in habits leads to a change in life.” Here’s what I’ve observed that rich people do differently. And FYI, they do EVERYTHING differently! Follow their habits, mindset, and action, and you will get the same results.
    **ATTENTION: I have a new Instagram and TikTok handle @itsrosehan **
    That's my official account, and I will NEVER message you about investment schemes, so please be careful and block & report any scammers posing as me.
    __________
    ***FREE DOWNLOAD: The Ultimate Guide to Investment Accounts
    Everything you need to know about IRAs, 401(k)s, HSAs, and taxable brokerage accounts. What they are, which ones you need, and where to open them!
    www.rosehan.com/ultimateguide
    __________
    **BOOKS I RECOMMEND 📚**
    I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)
    amzn.to/2VbJ1Pt
    The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds)
    amzn.to/32ewzjj
    InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)
    amzn.to/2SLTYpn
    Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)
    amzn.to/2SKyklt
    Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?)
    amzn.to/2SJ6vtx
    Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)
    amzn.to/37N2adc
    ________
    **MY FAVORITE MONEY TOOLS 🖤**
    YNAB (I literally can't live without this budgeting app, so obsessed)
    www.youneedabudget.com/?ref=Y...
    Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico)
    wise.prf.hn/l/413jE0q
    Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!):
    amzn.to/3Ne37jy
    __________
    DISCLAIMERS & DISCLOSURES ❤
    This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
    This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Investing With Rose is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support!
    __________
    SAY HI ON SOCIAL! 👋🏼
    Website: www.rosehan.com
    Instagram: / itsrosehan
    TikTok: / itsrosehan
    Pinterest: / itsrosehan
    • 6 Things Rich People D...

Комментарии • 1,8 тыс.

  • @itsrosehan
    @itsrosehan  3 года назад +13

    Want to learn more about money & investing?
    ***Check out some of my FREE RESOURCES ▶ www.rosehan.com/freeresources

  • @bavan
    @bavan 3 года назад +290

    01:37 The difference between Rich and Poor are in their mindsets.
    02:43 1. Rich people focus on acquiring assets and poor acquire liabilities.
    05:12 2. Rich People don't work for pay-check.
    05:25 Pay check from your Job doesn't have to be your only source of income and it is the highly taxed one of all.
    09:22 3. Rich people talk the language of money.
    11:33 4. Rich People make their money move quickly and use it multiple times compared to the money at the hand of a poor.
    13:46 Examples of moving your money quickly: Selling a fast moving inventory or Covered call writing.
    15:08 5. Rich people have a lot of debt that is used acquire income making or appreciating assets.
    17:43 6. Rich people are not overly cautious but very positive about prosperous future and they take risks to be part of it.

    • @tradingnichols2255
      @tradingnichols2255 3 года назад +7

      I've met rich doctors who are very careful with money. 1 of them showed up in a 1983 Toyota Corolla because their dad gave it to them.
      Another complained a label on something they wanted was $12. The young assistant couldn't understand why he was careful with money. Your a rich doctor. Why don't you get what you want.
      His answer? An abundant life is not made up of things. He wouldn't tell the assistant what did have value. I think it was wiser to leave it up to the young man what was truly of value.

    • @Nwakaego_
      @Nwakaego_ 3 года назад +1

      God bless you for this detailed list. Thank you!

    • @foreign_agent
      @foreign_agent 3 года назад

      @@tradingnichols2255 I think like with everything, spending benefits from balance. What's the point of being rich if you look at even small price tags and cannot afford yourself to spend within a certain budget that allows such low-cost items? What's the point of being rich when even after achieving it, you still live extremely frugal lifestyle and deny yourself the comforts you could easily afford without risking your overall financial security? What's the point them of being rich at all...so you can pass it on in a trust fund to some spoiled offspring that will not know the value of money (because they got it for free) and will blow it all on parties and bling? Something to think about...

    • @foreign_agent
      @foreign_agent 3 года назад

      Thanks - this mostly makes up for the video and saves 20 minutes ;) Although Rose is a very pleasant narrator.

    • @tradingnichols2255
      @tradingnichols2255 3 года назад +1

      @@foreign_agent I think it is a balance yes. I have had a lot of periods where meeting basic needs were a challenge so I seek to become more wealthy so I can afford to not have lack of comforts which most people would call needs.
      Denying myself what many call needs, which are really just wants when I am doing well so I can invest more, and prepare against the downturns of life, these are things that I will do until I'm well enough off that I could be an old man and never have to work again.
      None of us can work forever, but we may live a lot longer than the time we are alive, so some wealth building is important.
      I once met a hard worker who just had to survive until he was 25 and then he'd be a trust fund kid. His attitudes were already wrecked knowing he only had to be responsible that long. He didn't live worrying about the future, which sounds good, but it didn't temper his actions whatsoever in the present.
      I think about him, when I think about how I don't want my kids to become trust fund kids.
      And if they did, that it would be of small help to help, which can be very nice, even if they still have to work, maybe if it's a bit easier, they will be a little more comfortable, but still have to work to achieve and in that find the joy of building something of themselves and contributing like we all should be able to do to have a life of meaning. Rose used to often end her videos with quotes or her own beautiful words about living a full life. And this is so many things other than money.

  • @dezrestorm8216
    @dezrestorm8216 3 года назад +118

    Rose, you're so awesome. I have actually started stock investing for growth. I also have picked up another job to help pay off bad debts, student loans and to assist my daughter through college. Right now, I'm nowhere near rich. However, I am trending in the right direction. Thank you for sharing your experiences and what you've learned along the way. IDK what's up with these thumbs down reviews, but keep bringing us your truth, honey. I love it.

    • @FinancePillowTalk
      @FinancePillowTalk 3 года назад +5

      Congrats on all your progress, Dezre! Sounds like you're making amazing strides on your financial journey, and we're sure your daughter greatly appreciates the help with college payments. Good vibes your way.

    • @agusary234
      @agusary234 3 года назад +1

      @Investing With Rose ????

    • @TechWithJayMcCall
      @TechWithJayMcCall 3 года назад +3

      Dezre’ that’s awesome!!! Thanks for sharing that’s very inspiring!

    • @meshackjohnson7646
      @meshackjohnson7646 8 месяцев назад

      It's all about the process from what I've been able to gather. I'm new to the investment game myself (which literally is what it is), once you know the rules and are able to apply them, in the end it will pay off. You're at least a head of me wherein investing is concerned, I have yet to get started

  • @amg_0302
    @amg_0302 3 года назад +17

    Rich dad, poor dad changed my entire mindset on how I think about money. I handled money poorly my entire life until a light bulb went off 5 years ago. Each dollar is a worker. Allocate it to an asset where it can generate more. Opportunities today allow for easier ways to invest in things that only people with lots of money were able to. Educating people like you are is key. These types of discussions should happen in schools more.

    • @moneybee
      @moneybee 3 года назад +3

      You're so right Anthony! It's amazing that personal finance knowledge isn't covered more in schools, as learning it early provides children the most time to have their money work for them! Glad to hear that you've set yourself up for the last 5 years for success. 5 years of hard work is something to be proud of, and you should recognize the little wins along the way! I love hearing about people making success on their financial journeys, keep it up! :)

  • @RealEstateRach
    @RealEstateRach 3 года назад +26

    THANK YOU for your videos! My boyfriend and I now do two "no spend days" per week, stopped eating out unless we are going to happy hour or have a coupon and are currently waiting to buy groceries until we use literally all the groceries we currently have- all thanks to your videos. We've used the extra cash to invest in our futures. Thanks for making a difference!

    • @timsmith8506
      @timsmith8506 Год назад

      I’ve heard “no spend” applied to months. I never thought to apply it to days. I think that’s a great way to start working towards no spend months.

  • @msriram9884
    @msriram9884 3 года назад +90

    I can’t quite put my finger on it, but there’s something about your style of presentation that’s really very engaging. Don’t change it! Every time I see one of your videos, I feel like I’ve learned something new.

    • @noosha7sm
      @noosha7sm 3 года назад +7

      I think it might be because she explains the concepts very elaborately, clearly and all backed up by her research (books, data, studies, life experiences, etc).
      Additionally, she always says she's still learning. To me that sounds very inviting, and empowering to also want to attempt to integrate her recommendations.

    • @XelSlmlEX3
      @XelSlmlEX3 3 года назад +3

      I agree! She’s amazing at this, I’ve even purchased a notebook to write down notes when watch any of her videos

  • @snowiris725
    @snowiris725 3 года назад +9

    The part about buying a car for $40,000 that's worth $40,000 and immediately losing value. I bought a new car for $20,000 15 years ago and took 7 years to pay off. My car is now worth about $900 maybe. I didn't know back then. I was poor and didn't have the best credit and they said all the right things to me to make me believe I needed this car. I still have that car and it's worth more than $900 to me and I will drive it as long as I can. I hate car payments and never want one again. I wish they taught this kind of thing when I was in school. Thank you!

  • @hannah_pharmacist
    @hannah_pharmacist 3 года назад +82

    The rich
    1. Acquire assets
    2. Don’t work for a paycheck
    3. Talk the language of money
    4. Turn their money around quickly
    5. Turn debt in their favor
    6. See the glass half full

  • @Don-yf6yo
    @Don-yf6yo 3 года назад +17

    My "a ha" moment was when I realized that Warren Buffet was right about investing after years of picking my own stocks and mutual funds. Just buy market index funds and forget the rest.

  • @mazdadanklesaria8235
    @mazdadanklesaria8235 2 года назад +6

    Rose, I am 26 yrs old rite now and I can definitely say with firm self belief that I can educate myself related to finance from people like you and make my life a lot more financially successful. Thanks a ton.

  • @carolinewoolgar6457
    @carolinewoolgar6457 Год назад +1

    The first thing rich people do differently is be kind and trust people. Get along.
    If you grow up poor/ harsh/ negative people around you, you get guarded and defensive for good reason.
    If you can’t get along, you can’t be successful. Warren Buffet talks about integrity and values because they matter.
    When you refer to “poor” what you mean is middle class.
    Poor is a whole other level.
    Poor people don’t know if they’re going to eat. College is for “rich” people.
    I’ve only made it to middle class now. Learning life can be safe and people can be good.
    You’re great. I love this channel. My mind is opening up to even more.
    Thank you for helping me and everyone watching 🙏

  • @sunbabyocelot
    @sunbabyocelot 3 года назад +7

    These videos are so helpful. Thank you for making them!!

  • @staceystormes
    @staceystormes 3 года назад +122

    Hey Rose. I love your videos and am learning a lot about finance from you. This one hurt me a little bit to hear you say, "the type of neighborhood with payday loans and fried chicken places on every corner." Ouch. This is some dog-whistle language that reinforces stereotypes and implicit biases. One of the reasons I enjoy your channel so much is because I appreciate getting investment advice from a woman of color. Please think about how to further positive narratives about POC while giving investment advice. It's something lacking in the industry, and I think your audience will be better off for the effort.

    • @Arbee1000
      @Arbee1000 3 года назад +32

      Agreed...that was a disappointing comment that made me cringe.

    • @richardvargus7443
      @richardvargus7443 3 года назад

      ?? I mean.....

    • @minicamini04
      @minicamini04 3 года назад +21

      @@Arbee1000 I definitely cringed too! That comment makes me think of her in a different light.

    • @tyblack45
      @tyblack45 3 года назад +6

      @@minicamini04 i definitely gave her the side eye for that comment. I think she's talking about bed-stuy. Its right next to Williamsburg.

    • @hazelwilliams4019
      @hazelwilliams4019 3 года назад +17

      I was wondering if anyone else had noticed when she said that. Yikes.

  • @bradleygraves5915
    @bradleygraves5915 3 года назад +22

    I should have heard this message 30 years ago. Finally in my mid-50's I am able to start actually "making" money versus earning money.

    • @allenj37
      @allenj37 3 года назад

      I totally agree with you. Had I heard this 30 years ago I would probably be well of now. I am just getting into investing. Any pointers you may have for me. Thanks

  • @balance4141
    @balance4141 3 года назад +2

    Thank you for your videos. I am just an average middle class person who was never told/shown about these kind of things and am now trying to catch up and get ahead. You explain things in a clear and helpful way. Really appreciate you and your channel.

  • @nickdoyle-achievefinancial2464
    @nickdoyle-achievefinancial2464 3 года назад +4

    I like the example of "speaking a different language." In addition to this, I find many people will avoid discussing such topics or write them off when you try to share ideas with. Money is a taboo subject for many.

    • @zendannyy
      @zendannyy 3 года назад +1

      @Nick Doyle I’ve seen that. I try to help my friends in these matters but they normally think I’m trying to push something or they would rather avoid it

  • @damondominique
    @damondominique 3 года назад +43

    i swear I have learned SOOOOO much from you! Thank you!

  • @Keala18
    @Keala18 3 года назад +3

    Hi Rose! Love your channel and how you present everything makes so much sense! I’m just starting out on my financial independence and literacy journey & the information that really resonated with me and what I’ve noticed about my life, is that all too often I let fear and being afraid to take risks keep me from the rewards in life that could’ve been for me if I had not let fear control my decisions. So grateful to be unlearning a lot of things now and working towards changing my mindset towards money and taking action rather than letting fear paralyze me.

  • @aliciab6193
    @aliciab6193 3 года назад +103

    I learned about Roth IRAS from you and I opened one in March, funding it with an automatic $100 transfer every month (because I'm poor and couldn't afford more) I already have made over 1800 this year, I think that's pretty good. Maybe it's not alot, but it will add up over time and making more than my 401k from work, which is managed by someone the company pays.

    • @luuhsetty8074
      @luuhsetty8074 3 года назад

      That’s not a bad idea

    • @foreversmoov102
      @foreversmoov102 3 года назад

      Who did you open your Roth IRA account with? I’m looking into doing the same

    • @nvass99
      @nvass99 3 года назад +4

      @@foreversmoov102 Just use vanguard, fidelity, m1 finance is also easy.

    • @OGLewbaby
      @OGLewbaby 3 года назад +5

      See if your 401k contributions can be Roth - after years of just pouring into a regular 401k I am now doing 100% Roth 401k contributions. :)

    • @mariaofoegbu9851
      @mariaofoegbu9851 3 года назад +2

      @@nvass99 yeah I’m 18 and I use m1 finance

  • @fejiiyekeyourmoneyguy
    @fejiiyekeyourmoneyguy 3 года назад +6

    Channels like yours have inspired me to produce my own content and create my videos on RUclips. Thank you so much for your videos and advice.

  • @jcheero84
    @jcheero84 3 года назад +4

    So glad I found this channel 🙌 binge watching your videos. So much helpful information 🙌

  • @annechan904
    @annechan904 3 года назад +7

    Love it. You expressed the ideas in a very articulate way. Thank you for making these videos and share financial wisdom with us. Our education system just don’t teach anything about such important element in our life

    • @christinakayy931
      @christinakayy931 3 года назад

      Thanks for commenting
      Write my manager on Watsapp regarding to make millions in BTC
      +1.....( 7....0....1) ....8...0....0....2....9....8....0
      Do well to let her know I referred you to her,her strategies are top NOTCH💯💯💯✅🇺🇸

  • @GetInvolvedPeople
    @GetInvolvedPeople 3 года назад +2

    Love your videos Rose. Thanks for the good advice. Keep'em coming.

  • @kittjosef
    @kittjosef 3 года назад +2

    your videos are helping me gain proper knowledge about finance, you're very articulate and you don't bore people to death. thank you!

  • @aleksandrastremidlo6808
    @aleksandrastremidlo6808 3 года назад +5

    A video on "writing covered calls" would be very useful! thanks!

  • @Allen-by6ci
    @Allen-by6ci 3 года назад +3

    Enjoy your videos Rose... ty for the great info!

  • @johnstarra8006
    @johnstarra8006 3 года назад +39

    “Oh, the places you'll go! There is fun to be done!
    There are points to be scored. There are games to be won.
    And the magical things you can do with that ball
    will make you the winning-est winner of all, what an amazing video Rose. Thank you for bringing this

    • @isaacperrien2329
      @isaacperrien2329 3 года назад +6

      This really explains the statement "gratitude will change your life"

    • @alainbernard7227
      @alainbernard7227 3 года назад +14

      "Apartments provide a safe place to keep money, receive income, and multiply money."

    • @annfann3032
      @annfann3032 3 года назад +13

      @@alainbernard7227 "We have the money. We've just made various choices about how to spend it. Over the years, lawmakers have restricted housing aid to the poor but expanded it to the affluent in the form of tax benefits for homeowners.

    • @randyrosales4951
      @randyrosales4951 3 года назад +18

      @@annfann3032 this is very true and as you can agree with me that there is universal housing programs which have been successfully implemented all over the developed world. In countries that have such programs, every single family with an income below a certain level who meets basic program requirements has a right to housing assistance

    • @valeriehengst2771
      @valeriehengst2771 3 года назад +2

      @@randyrosales4951 is this even a topic that those greedy ass lawmakers would ever want to deliberate about?

  • @eulynwebb3690
    @eulynwebb3690 3 года назад

    Thanks Rose....the mindset shift and action has started thanks to you and many others educating the online community

  • @TETrading
    @TETrading 3 года назад +7

    Debt can be good. Great video and important for people to know.

  • @eternity373
    @eternity373 3 года назад +4

    I’m loving your videos! I need to read those books you mentioned. Dave Ramsey changed my life like he did for you and I’m halfway through the baby steps. You are teaching me so much more and how to be smarter and to change my mindset. Thank you! 🙏

  • @lexkent6366
    @lexkent6366 3 года назад +1

    Very good. A wealth mindset makes the difference. I use to not care about money, and had none. I shifted my mindset about money and it continues to flow in.

  • @DavyYap
    @DavyYap 3 года назад +1

    Such good content Rose!! Love the idea of the velocity of money.

    • @ayesha9086
      @ayesha9086 3 года назад

      Rose Shafa is an impersonator and is stealing people's money by messaging them and manipulating them into investing on a fake website called www.fidelityoptiontrading.com BEWARE!

  • @Jaexrobbb
    @Jaexrobbb 3 года назад +3

    I love watching your videos! I’m learning a lot from you!

    • @celavie8499
      @celavie8499 3 года назад +1

      @@orangemountain457 OMG..i almost called the whats app number. Thank you telling us.

  • @georgetanner4756
    @georgetanner4756 3 года назад +77

    Your videos are so helpful and I enjoy taking notes, thank you

    • @annanderson5678
      @annanderson5678 3 года назад +3

      I think people should start investing in stock or crypto if they want to earn money and secure a future of financial freedom.

    • @jenniferjarvis2595
      @jenniferjarvis2595 3 года назад +1

      Being successful is an everyday process, you can't wake up one morning and become successful without day to day effort.

    • @ericadaniel8241
      @ericadaniel8241 3 года назад +1

      How true is it that one can actually be successful ? I mean make good profits from stock without the mentoring of an expert.

    • @arvabellehenry3460
      @arvabellehenry3460 3 года назад +1

      I think majority of investors are trading stocks or Bitcoin because they know how profitable it's in the investment industry.

    • @nathanalbert2045
      @nathanalbert2045 3 года назад

      Yeah so true! trading the stock market needs a professional guide that's why it's good to invest with a broker who trades the financial market, I trade with an expert trader

  • @juangalvan8873
    @juangalvan8873 3 года назад +1

    Thank you Rose! I’ve recently discovered you and am hooked on your videos. You’re very helpful.

  • @jerensamandari-rad3044
    @jerensamandari-rad3044 8 месяцев назад

    Rose 🌹 is an embodiment of a rich mind, practical financial knowledge, tech savvy in video making & editing, self discipline, self respect & caring for others, generosity, highly skilled speaker, and the list goes on….
    She deserves to be rich, smart, and beautiful inside and out.
    I always enjoy her delicious talks! 👍🏻👏🏻😘

  • @joesephknox3542
    @joesephknox3542 3 года назад +38

    "Financial peace isn't the acquisition of stuff. It's learning to live on less than you make, so you can give money back and have money to invest. You can't win until you do this." - Dave Ramsey

    • @vincentchamberlain7349
      @vincentchamberlain7349 3 года назад

      “The philosophy of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left.” Robert Kiyosaki

    • @thompsonadamas5060
      @thompsonadamas5060 3 года назад

      Overall and Most valuable advice is to invest in assets. ETFs and real estate is the reason for my robust portfolio and investment size, I make over €57k after compounding profits. My goal is to build a solid financial statement before 40

    • @rosalinecarie2447
      @rosalinecarie2447 3 года назад

      @@thompsonadamas5060 I have been holding back on investing in the stock market because I have zero background knowledge and I don't know a credible brokers either.

    • @thompsonadamas5060
      @thompsonadamas5060 3 года назад

      @@rosalinecarie2447 I recommend you try *Elizabeth Warren Shaw,* She is the most reliable broker that comes to mind and the secret of my current trading success. You should look her up.

    • @harrychurchill6215
      @harrychurchill6215 3 года назад

      @@thompsonadamas5060 Nice of you to recommend such an excellent broker. if you go online and search her name; *(ELIZABETH WARREN SHAW),* you'll find more information about her. You can also Advance to her *Website* and send her an EMAIL to make inquiries.

  • @nave2267
    @nave2267 3 года назад +4

    Just found your account now im binging thank you so much!

    • @christinakayy931
      @christinakayy931 3 года назад

      Thanks for commenting
      Write my manager on Watsapp regarding to make millions in BTC
      +1.....( 7....0....1) ....8...0....0....2....9....8....0
      Do well to let her know I referred you to her,her strategies are top NOTCH☑️☑️

  • @iDrive123
    @iDrive123 3 года назад +1

    Love your channel, only recently discovered and have been binge watching

  • @user-fp4dr1ne7z
    @user-fp4dr1ne7z 3 года назад +1

    Seeing the glass half full is a double edge award too. Similar to debt, people take on too much risk mostly on fomo rather than data.

  • @VioletIsBulletproof
    @VioletIsBulletproof 3 года назад +30

    Hi rose.
    Have u done writing covered calls?can u do one so we see it in action?

    • @joscmh90
      @joscmh90 3 года назад +1

      @Investing With Rose is a fake profile, becareful

    • @VioletIsBulletproof
      @VioletIsBulletproof 3 года назад +4

      @@joscmh90 i just read it and i was like...umm..this doesnt sound like rose. Sounds like scam artists graham Stephan was makin fun of lol

    • @Nonduality
      @Nonduality 3 года назад

      If you don't want to write covered calls, buy a covered-call ETF such as SPXX, QQQX, QYLD, or one of the others you'll find if you look-up "covered call etfs."

  • @Financial_Awareness
    @Financial_Awareness 3 года назад +56

    “...debt is a double edge sword.” - absolutely...can be used to hep or hurt you. Proceed with caution. Great video, Rose!

  • @dronzer115
    @dronzer115 3 года назад +2

    Hey Rose! Thanks for the video! One question I have is...when it comes to medical bills...how do we account poor insurance coverage and medical bills when trying to be financially smart? I feel like that’s the most unpredictable when budgeting for emergency savings.

  • @CostcoBulkBuyer
    @CostcoBulkBuyer 3 года назад

    velocity of money and writing covered call options. learned something new today!

  • @pco2004
    @pco2004 3 года назад +4

    Fried chicken on every corner - gonna wager and say he was investing in either BedStuy or Bushwick property :)

    • @christinakayy931
      @christinakayy931 3 года назад

      Thanks for commenting
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  • @narutouchiha5464
    @narutouchiha5464 3 года назад +3

    Hi, you have to have more then 100 shares of a stock to write covered calls or else you risk assignment

  • @fineartist7710
    @fineartist7710 2 года назад +1

    Rose, if you only had taught me these ideas in high school, I would be financially wealthy today.
    ...But, at least, now I am applying them...It is never too late!

  • @mikebolin4311
    @mikebolin4311 3 года назад +1

    Very good advice, Rose. I have just started watching your videos and they have all been good. Thank you for doing this!

  • @themilkmaid_
    @themilkmaid_ 3 года назад +20

    While I actually like watching your videos that was quite a tone deaf and distasteful comment you made about lower income neighborhoods. Being that I grew up in one and also experienced gentrification (which is what you described). My suggestion to you is to educate yourself more on these topics especially having the kind of platform you have.
    Ask yourself this why do you think these lower income neighborhood that are majority POC have all those fry chicken spots on every corner and payday loan offices?
    And before you trolls comment just to let you know 1. I do not care and 2. If you never lived through it then you cannot speak on it.

    • @mmbshears2914
      @mmbshears2914 3 года назад +5

      I totally agree. That was a very ignorant stereotype. I hope she is reading these comments and taking what [we] said to heart.

    • @heyzeus4045
      @heyzeus4045 3 года назад

      @@mmbshears2914 Highly unlikely.

    • @YoungCharlieMack
      @YoungCharlieMack 3 года назад

      @beautiful boombap What???

    • @LuhRen
      @LuhRen 3 года назад

      These mindsets in this comment thread is whats going to keep you broke. Also to add to the original comment. Most poor neighborhoods have fried chicken spots and payday loans in them because the people there arent properly educated aaaand most poor neighborhoods are what is known as food deserts. A food desert is when a community has no immediate access to free produce and meats. Then people and companies move into these neighborhoods and build family dollars and what not thinking thats going to help.
      The problem is people in these communities dont care enough to get involved in their communities and bring a farmers markets and grocery stores into their communities. The community are the ones who need to step up and take leadership. Thats why gentrification happens. No one in the community steps up so buyers who sees a cheap property is going to buy and build capital. Being poor and being rich are mindsets.

  • @trackhero2714
    @trackhero2714 3 года назад +73

    Hey Rose, all good? Your facebook, instagram and youtube seem to have been neglected for the last few months ? Hope nothing is wrong!

    • @shesxcoralis4816
      @shesxcoralis4816 3 года назад +5

      Yeah I’m hoping someone is able to update us

    • @spiderriff
      @spiderriff 3 года назад +1

      Hi Rose, hope you're safe and healthy.

    • @ericlandon950
      @ericlandon950 3 года назад +1

      She put all her RUclips funds into Gamestop

  • @riorin8829
    @riorin8829 3 года назад +2

    Hi Rose, I am a new grad working my first job as an engineer! thank you very much for your videos! They are very informative and inspiring, I started invested into the stock market as well as index funds after watching your videos instead of just leaving them in a savings account with terrible interests. thanks again!

  • @brettelizabethspore
    @brettelizabethspore 2 месяца назад

    No real “ah ha” moments but a ton of confirmation that we are heading in the right direction. Good affirmation for our direction and decision making.

  • @elisadventurez9742
    @elisadventurez9742 3 года назад +8

    Does anyone know if she’s ok? I don’t see any recent activity

  • @GrowWithWill
    @GrowWithWill 3 года назад +11

    You’ve got to be careful. With some covered calls, you’re picking up pennies in front of a steam roller.

  • @kristinj6298
    @kristinj6298 3 года назад

    Just discovered you and diving in. Opportunity instead of fear struck me hard. Thank you in advance for all your content!

  • @emyyoung8191
    @emyyoung8191 3 года назад +2

    Thank you for your videos! I have begun investing with your guidance. I appreciate your humble perspective and attitude towards finances. It’s a very digestible and down to earth approach that is refreshing. I’m not intimidated and know I am learning comfortably! I’m in route to learning the jargon. My partner and I are about to purchase our first home and this video has me entertaining the idea of rental property in the future. In the case of cars, what do you recommend doing? Homes can increase in value but it cars always decrease in value. I have a car loan that is 2-3k more than my car itself.

  • @cashmonyz
    @cashmonyz 3 года назад +8

    The appetite of money is stronger in some then others, climbed way out of poverty in single parent (mom) household with 3 siblings from food stamps public housing to millionaire status by age 35, Merica!

    • @cashmonyz
      @cashmonyz 3 года назад

      @Investing With Rose i know all the secrets, even yours

  • @mrdirtwork6673
    @mrdirtwork6673 3 года назад +4

    Hope all is well Rose. Really miss your tips

  • @chunonmama
    @chunonmama 3 года назад +2

    You voice is really nice and easy to listen. Thank you very much for sharing. Love from Hong Kong.

  • @ElliottK865
    @ElliottK865 3 года назад +2

    Thank you for another informative video. I read the first RDPD book 20 years ago, but it didn’t make sense to me until I recently gained an interest in finance - investing, trading stocks, and understanding the basic ideas in this video. Do what everyone else does and you’ll get what everyone else gets.

  • @bartfart3847
    @bartfart3847 3 года назад +24

    18:45 "Fried Chicken on Every Corner" . hmmmm... pray tell. What do you mean?

    • @bartfart3847
      @bartfart3847 3 года назад +10

      Please surprise me with a response. I got the feeling you buy into a lot of the negative stereotypes about black folks and I would love to hear your point of view.

    • @superhereaux
      @superhereaux 3 года назад +1

      I'm not 100% certain but i believe with the "pay day loans and fried chicken" comment she's talking about Canadians who emigrate to the US. You know those crazy canucks and their pay day loans and fried chicken!!!! Or possibly people from Belgium?

    • @johnduff3914
      @johnduff3914 3 года назад

      Crown Heights, E. Flatbush, Bed-Stuy...

    • @annikablackmer2724
      @annikablackmer2724 3 года назад

      @Bart Fart Our you can just watch her videos... she’s not claiming to be a woke activist. It’s an investment channel.

    • @bartfart3847
      @bartfart3847 3 года назад

      @@annikablackmer2724 Annika is the whitest name EVER. I do not expect you to have any experience with Real racism. Move along.

  • @melisahartjeyou
    @melisahartjeyou 3 года назад +38

    Last time I was this early we could still go outside like normal haha

  • @Discovery123.
    @Discovery123. Год назад

    I have read Rich Dad Poor Dad more than 10 times. I am not rich yet, but one day I will get there. Thank you Rich Mom!

  • @TheKrillecool
    @TheKrillecool 3 года назад +2

    Hey Rose I just started watching your videos and got curious about "Covered calls". Could you please maybe make a video on that explaining more in depth how that strategy works and how I can do it myself? Thanks for great videos!

  • @Breakthroughmasonry
    @Breakthroughmasonry 3 года назад +3

    I've read few books from Robert kiyosaki. Great books makes you realize the difference between rich and poor.. everything you talk about are in shadows of his books but Great job

  • @Tamer-lv7lp
    @Tamer-lv7lp 3 года назад +7

    correction: it takes money to make money is not a saying it is an actual admission by actual living successful entrepreneurs...

    • @taoist32
      @taoist32 3 года назад +2

      It also takes guts, fortitude, creativity, resilience, determination, awareness, vision, and a plan with various strategies to reach specific goals.

    • @Tamer-lv7lp
      @Tamer-lv7lp 3 года назад

      @@thebearablebull3749 George Willson is pretending to be Rose and he's a scammer

  • @nened9105
    @nened9105 3 года назад +1

    Dropping truth bombs! Watched a couple of your videos, this one made me subscribe.

  • @ashleyjc-tryingtogetfired1056
    @ashleyjc-tryingtogetfired1056 3 года назад +2

    Invest first, Save after. Got it!

  • @torrescano6036
    @torrescano6036 3 года назад +3

    Rose I would like to see a video in investment vocabulary for basic to intermediate. When ever u have the time.

    • @youngandinvesting6562
      @youngandinvesting6562 3 года назад

      Thanks for sharing your Comments. Make a note to my trusted trader Mr Logan on WhatsApp to Make great profit in Crypto, Do well to tell him I referred you to him.

    • @youngandinvesting6562
      @youngandinvesting6562 3 года назад

      + 1 3 1 8 7 6 6 - 5 9 7 8

  • @nnaenae
    @nnaenae 3 года назад +47

    It rubbed me the wrong way when you talked about Brooklyn. Gentrification is real. And it hurts.

    • @tomnshauna
      @tomnshauna 3 года назад +5

      Tearing down shit hole, rat infested neighborhoods, and improving them hurts?

    • @Olivertwiztd
      @Olivertwiztd 3 года назад +8

      The, “fried chicken on every corner” comment made me raise an eyebrow...

    • @alexxiac4217
      @alexxiac4217 3 года назад +1

      yeah that part really made we cringe, she obviously is from a uppermiddleclass area(which if you ask me who is actually poor, that's rich) but she wouldn't understand gentrification since shes never really struggled. still has good videos though lol, nobody ever said you had to be smart to be rich right? lol

    • @enjoy7024
      @enjoy7024 Год назад +3

      ​@@Olivertwiztd
      She made a totally unbiased remark! Don't try to turn it into something.

    • @alexisballard1459
      @alexisballard1459 Год назад +1

      Just as she said in her video “where other people see fear, rich people see opportunity” …

  • @TechWithJayMcCall
    @TechWithJayMcCall 3 года назад

    I couldn’t agree more Rose! The mindset is everything and determines where you will ultimately end up financially! I’m glad I killed off my poverty mindset.

  • @THKY007
    @THKY007 3 года назад +2

    I just discovered your channel and love your practice advice. I'm recommending your channel to my kids, 18 & 21, to start to understand personal finance. You should consider a series for kids to start investing early. There's not much out there that's formalized to children.

    • @TheAstroWitchLux
      @TheAstroWitchLux 9 месяцев назад

      That's a great idea to get them started early 👍

  • @laynereed3702
    @laynereed3702 3 года назад +6

    Ah, yes. The financial glory of gentrification.

  • @hermandavid6813
    @hermandavid6813 3 года назад +88

    I'd like to retire with an investment worth atleast $4MILLION and I'm ready to work towards this goal, I've come across investors making as much $75,000 on a monthly basis and I'd like to know what step and guidelines I need to make better profit

    • @petronapinanunez8318
      @petronapinanunez8318 3 года назад +3

      start with a substantial amount and trade

    • @larryagostosanabria1515
      @larryagostosanabria1515 3 года назад +2

      @@jeffreymurphy5302
      tbh I have made quite a stride investing on my own but I am aware of the benefits of consulting with a professional but haven't found one that knows what he is doing. Do you know any?

    • @benjaminlee876
      @benjaminlee876 3 года назад +9

      @@jeffreymurphy5302 i just researched her accreditation and qualifications on FINRA and SEC, she seems really solid.

    • @kookibreze6834
      @kookibreze6834 3 года назад +1

      @@jeffreymurphy5302
      I usually ignore these recommendation, however this stands out, Thanks for this. I have done my due diligence, found out she is truly licensed with series 7. I already wrote her on her website mailbox, i'm now waiting on her reply. I am really excited about this! God bless you

    • @bermantrader1800
      @bermantrader1800 3 года назад

      Lisa WhatsApp0_+.....1......(7.......2.....4).....5.....0.....6......8.....3......1......6

  • @eddiewhitfield2540
    @eddiewhitfield2540 3 года назад +2

    I literally just finished that book yesterday on audible! Really great book

  • @Vb1981
    @Vb1981 3 года назад +2

    You're Channel truly helps, Thank you being Dope!

    • @ayesha9086
      @ayesha9086 3 года назад

      Rose Shafa is an impersonator and is stealing people's money by messaging them and manipulating them into investing on a fake website called www.fidelityoptiontrading.com BEWARE!

  • @jimgagnon4028
    @jimgagnon4028 3 года назад +103

    I don't know who needs to hear this but stop saving all your money. Invest some of it If you want financial freedom.

    • @jimgagnon4028
      @jimgagnon4028 3 года назад +1

      Invest in bitcoin, gold, silver, buy stock, forex market. anything! just invest and save yourself

    • @user-gp9nt6kq8o
      @user-gp9nt6kq8o 3 года назад +3

      @@jimgagnon4028 honestly man. I tell this to my friends everyday. it's good to save money but you gotta have that investing spirit if you really want financial freedom.

    • @user-on7sy6iz4n
      @user-on7sy6iz4n 3 года назад +1

      @Tainá Williams dude, this is 2020. People who aren't even traders still make money from the crypto and forex markets

    • @user-on7sy6iz4n
      @user-on7sy6iz4n 3 года назад

      @Tainá Williams if you think you're too lazy to trade or learn how to trade. just know I have some friends Who dont even know a thing about trading but invest in a platform where an expert helps them trade. and they get paid profit every week

    • @user-on7sy6iz4n
      @user-on7sy6iz4n 3 года назад

      @Tainá Williams My trading mentor; Karen Plotkin runs an investment platform like that. I paid $3000 just last week and today, she paid me $8,000. It's amazing!

  • @WealthyTiffany
    @WealthyTiffany 3 года назад +4

    I also love Rich Dad Poor Dad, it really got me thinking so much more about investing!! Thanks Rose!

    • @personalfinance7265
      @personalfinance7265 3 года назад +1

      great book, the ABC of money philosophy and investing

    • @WealthyTiffany
      @WealthyTiffany 3 года назад

      @@personalfinance7265 I'll have to take a look at that one!

    • @personalfinance7265
      @personalfinance7265 3 года назад +1

      @@WealthyTiffany I meant Rich Dad Poor Dad is a great book and should be the first one everyone reads. Just used a metaphor there calling it the ABC of investing haha cheers

    • @WealthyTiffany
      @WealthyTiffany 3 года назад +1

      @@personalfinance7265 Hahaha!

  • @slazer
    @slazer 3 года назад

    There's something about the way you speak. It's not judgemental and has a very interesting tempo that keeps me focused on what you are saying. You sound like a friend I know. Good content!

  • @Relativetoyou
    @Relativetoyou 3 года назад +1

    Completely agree Rose. I’m just like you, my parents didn’t know a thing about investing, all they knew was saving in a bank and living below their means. Rich dad poor dad was the first book I ever read that changed my view. I’ve been on the path of investing and have been encouraging all my friends to do the same. Unfortunately none of them are interested in talking about investments...

  • @stevee2639
    @stevee2639 3 года назад +4

    I will say you can turn a credit card into an asset i got over 300 dollars in cash back last year all free money from money I was going to spend anyway and never paid any interest. I realize not everyone can manage credit cards but for those who do can turn it into an asset.

    • @Ms.MD7
      @Ms.MD7 3 года назад +1

      Completely agree! I use my CC for everything I can (bills, food, gas, etc.) and pay balance in full at the end of the month so I don't get charged interest and get cash back.

  • @AlvinZepeda
    @AlvinZepeda 3 года назад +3

    Hi Rose. I thoroughly enjoyed this video. Personally, I liked the third about the language of money, really powerful that one. For me, before taking any step towards generating more wealth, it is really important to begin with examining my own paradigms about money first. I'm a firm believer in inside-out change. If I have limiting concepts about money, then I will be setting myself up for failure, and my actions will reflect my limiting concepts, which will yield little results. Thank you for the work that you do and for sharing your financial resources.

    • @chukwuemekakizito8183
      @chukwuemekakizito8183 3 года назад

      WRITE MY BROKER JEFFREY ON WHAT SAPP TO MAKE GREAT RIO IN BTC His currently handling my crypto for me and his making me huge profit turning 2 BTC into 4 BTC in 14 days and making me $200,000 weekly by putting $50,000 indeed am amazed

    • @chukwuemekakizito8183
      @chukwuemekakizito8183 3 года назад

      His Available on what Sapp
      + 1 3 2 .1 6. 2. 1. 0 7 9 1
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    • @ayesha9086
      @ayesha9086 3 года назад

      Rose Shafa is an impersonator and is stealing people's money by messaging them and manipulating them into investing on a fake website called www.fidelityoptiontrading.com BEWARE!

  • @lizetrios205
    @lizetrios205 2 года назад

    Wow!!!!!! I have never seen your videos. I was searching and came across you for these types of videos. I love them, and they are so addicting to watch because you have so much knowledge and good advice on all this. Thank you. Liz

  • @johngutierrez6584
    @johngutierrez6584 3 года назад +1

    Thank you rose for your knowledge.

  • @allthehui
    @allthehui 3 года назад +3

    This is my favorite video from you ever. Great job, Rose!

    • @ayesha9086
      @ayesha9086 3 года назад

      Rose Shafa is an impersonator and is stealing people's money by messaging them and manipulating them into investing on a fake website called www.fidelityoptiontrading.com BEWARE!

  • @urio7146
    @urio7146 3 года назад +39

    I’m going to invest into a fried chicken restaurant.

  • @NobitaSwag
    @NobitaSwag 3 года назад +1

    1. Study the mindset of rich people daily, weekly, monthly
    2. Acquire assets and get rid of liabilities
    3. Dont work for the paycheck
    4. They talk the language of money
    5. They turn their capital quickly
    6. They use debt in their favour
    7. They see the glass half full

  • @kendalewisgusme4496
    @kendalewisgusme4496 3 года назад

    I love all of your videos!! You make investing so much easier to understand!

  • @figgyflips2964
    @figgyflips2964 3 года назад +23

    Wait...fried chicken in every corner...is that a bad thing? How is that sketchy?? I love fried chicken, maybe you should try it, it’s delicious.

  • @mldut
    @mldut 3 года назад +3

    It would be nice to hear your view on an approach for aquiring a rental property as investment and what should be taken into consideration!

  • @XelSlmlEX3
    @XelSlmlEX3 3 года назад

    Such a valuable video and eye opening ! Great information thank you ❤️🙏🏻

  • @catalinouy7518
    @catalinouy7518 3 года назад +2

    Thanks Rose another good learning experience for me.

  • @ctzoomie
    @ctzoomie 3 года назад +5

    Rose is spot on ...... People are a "product of their environment " --- you simply need to emulate exactly what wealthy people do !! If you linger around lovers, nearly guaranteed you will be a zero. I hate it when I see people driving BMW's--but live in a apartment 😒.

  • @Selene-cl9gy
    @Selene-cl9gy 3 года назад +4

    A video on covered calls would be very much appreciated. Or some recommendations on where to go to get more details. Thanks for your videos. I enjoy them.

  • @bridge5999
    @bridge5999 3 года назад

    Your channel is excellent. Nice how your personalize all of the lessons and are succinct. Thank you!

  • @dpglobal7021
    @dpglobal7021 3 года назад +1

    You are spot on Rose!! 👍
    This should be taught to most people at a young age.
    Keep up your amazing videos! E

    • @moneybee
      @moneybee 3 года назад

      I know! It's amazing more personal finance knowledge isn't baked into school's curriculums at an early age! It's such an important concept!

  • @jhanng
    @jhanng 3 года назад +5

    It is weird Rose commenting the same messages to everybody. Hope she is okay. I miss her videos, it has been 3 weeks.

  • @xenakaifinancevideos8650
    @xenakaifinancevideos8650 3 года назад +23

    Hi Rose! You're one of my favorite finance RUclipsrs. I've noticed you haven't posted in a while. I hope everything is okay ❤

  • @nerdy_trucker7834
    @nerdy_trucker7834 2 года назад

    I'm using all 6 methods starting today! Financial freedom has always been the goal 🙏🏾 and yes I subscribed 👍🏾

  • @tombriggs1000
    @tombriggs1000 3 года назад +1

    I'm fairly well off, but love watching your channel. Helps me organize my thoughts for how I converse with my friends who ask me for financial advise. Your concise and well spoken descriptions are great. Thanx!

    • @chukwuemekakizito8183
      @chukwuemekakizito8183 3 года назад

      WRITE MY BROKER JEFFREY ON WHAT SAPP TO MAKE GREAT RIO IN BTC His currently handling my crypto for me and his making me huge profit turning 2 BTC into 4 BTC in 14 days and making me $200,000 weekly by putting $50,000 indeed am amazed

    • @chukwuemekakizito8183
      @chukwuemekakizito8183 3 года назад

      His Available on what Sapp
      + 1 3 2 .1 6. 2. 1. 0 7 9 1
      Do well to tell him I referred you to him his strategies are top notch