Stealth Wealth (Explained)
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- čas přidán 6. 08. 2024
- What is: Stealth Wealth, Quiet Luxury, Private Wealth?
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In this Alux.com video we will be answering the following questions:
What is stealth wealth?
Why is everyone talking about stealth wealth?
What are some examples of stealth wealth?
How to tell someone is secretly wealthy?
How to keep your wealth a secret?
How to be rich without anyone knowing?
What are some quiet luxury brands?
What brands only the super rich know?
________
00:00 - Intro
00:39 - What is
stealth wealth?
02:11 - When is stealth
wealth becoming prominent?
03:05 - Benefits of
Stealth Wealth
06:32 - Stealth
Wealth brands
08:48 - Stealth wealth
allows you to be who
you are.
09:06 - Peace of mind
freedom of time
freedom to choose
10:39 - Stealth giving: people giving to charitable causes in private
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Hello Aluxers, do you plan on being secretly wealthy? (or will everyone know?)
In times of recession, we fall to the level of our education and coaching. Get the alux app: www.alux.com/app
and outperform everyone else!
Thanks for the click, Stealth wealth is the Can't tell rich, I miss your types of Rich people video, it's a classic now
Another thing I want to point out, the richer you are, the more competitors you have, legal troubles and high taxes, Stealth wealth is way of using loopholes in the systems
I definitely plan on staying in the shadows.
Silent Stealth Wealth
The greater the passive income you can build, the freer you will become. Taking the first step is the hardest, but 7 house later living off passive income since June 6, 2016. You’ve got to start taking steps to achieve your goal.
All passive income ideas work as long as you put the work in. I focus more on cryptos, NFTs, real estate crowdfunding and IDOs. With the assistance of a financial consultant, I’m doing well for myself.
You can make a quick internet research with her name *Olivia Charlotte Oswald.* The rest of the information is there for you to read and get in touch.
FAKE
These fake comment ads are so annoying.
I wasn't financially free until my 40’s and I’m still in my 40’s, bought my third house already, don't have any luxury cars, i have just expensive bags and only three expensive shoes, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start today regardless your age, invest and change your future! Investing in the financial markets is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this.
I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in.I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
@@michaelgraham19871 James Fletcher Brennan, Look him up online, he's quite popular in the united states and he's a certified financial adviser in order to put you through the procedures of achieving your dream portfolio.
@@clairefrewman1456 That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?
@@walter.dlawson2580 looked him up on the internet and left him a message he's quite popular for his services
@@clairefrewman1456 he really seems to know his stuff. I also found his online page and read through his resume, educational background, qualifications and it was really impressive. he is a fiduciary who will act in my best interest. So, I booked a session with him
I learnt to be silent with money from watching relatives spending it, sharing it, and losing it every single time. This video resonates with me in so many ways. Not to brag however I was the first one in my office to get an iPhone and not having a single mirror selfie with it to prove the world "hey look I have an iPhone". Silent wealth is the best way to live and not lose it.
iPhone is not even a luxury product. I don’t know why you feel the need to make this comment.
I'm cautious with my choices because I believe there is an equivalent chance that the current market will experience high-value gains or losses, but I need some advice because I heard that a trader earned over $850k in this market.
The stock market rally is still going strong, but top companies, industries, and key indexes are vulnerable to reversals. I advise you to consult a trader or financial adviser for advice.
I'm happy to have come upon this discussion. Could you kindly put your financial advisor's contact information here? I absolutely must have one.
Thank you for the advice; I've been losing a ton recently, so I sought out Coelho and wrote to her detailing my financial goals.
Every family has that one person who will break the family's financial struggle, I hope you become the one 😊
Assets that can make you rich
Bitcoin
Stocks
Real estate
@@markaustin5229 You're right, it's obvious a lot of people remain poor due to ignorance
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings
Starting early is the best way to getting ahead of build wealth, investing remains the priority
Obviously trading in bitcoin is very volatile and risky to trade that's the reason most traders trade with a company
SILENT. I'll never forget the advice my mom, an economics teacher, once gave me about bags when I was young: never buy a bag that you can't afford to keep the amount you paid for it, in cash, inside the bag itself. I never forgot that advice, even when -- at that moment -- I might have had the money to buy things like a Burberry tote purse (which I really wanted back when I was in college and they cost $600). A bag is a bag is correct! At the end of the day, it's just going to be carrying things in it.
The poor scream. The rich whisper. The wealthy remain silent.
True this how people stay rich
Well said
So true. I know a guy worth about $20 million dollars. He drives a 15 year old Buick. Has lived in the same house 50 years. Shops at Costco and clips coupons.
You would never know that he owns 5 rental homes, and a shopping center.
I’m learning to be more silent. Whispering is super difficult for me because I don’t know how loud I’m talking.
I’ll admit at a twentieth high school class reunion I treated a very successful classmate differently. We were both fellow nerds in high school, but just knowing that he was a Silicon Valley millionaire made me treat him like an intimidating super model, me stalking around and sneaking glances from afar. Not my finest moment.
He wasn’t even peacocking that much.
These rich people😈 giving away their wealth💰 when they pass away to their inheritance or holding company🏛 and even the charity are in their possessions and pay little to no taxes🤔... They are number one in evading taxes😔... After all for rich people taxation💸 is a sin!😂 For evading taxes rich invented these loopholes... 🌎💘💰
Silent tip: I am teaching my kids to be simple... my new motto is
"it's easier pretending to be poor than pretending to be rich".
Loved this!
I agree 👍 💯
It’s definitely cheaper to act poor. I like your quote. Might use it from time to time
From India???
I too believe in stealth wealth completely. In today's world where homelessness is running rampant, showing off is the last thing you want to do. I don't need to attract unwanted attention.
My wealth is so stealth that I don't even have it! 🤣
😂
😁
🤣
Hahaha....right??? Mine is so stealth that my money is even hiding from me!!!
😂😂
I'd be retiring or working less in 5 years and I'm only curious how people split their pay, how much of it goes into savings, spendings or investments?? I earn around $165K per year but nothing to show for it yet
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
Thats true, I've been getting assisted by an investment coach Helene Claire Johnson for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@lawerencemiller9720 Thats quite Impressive! can you share more info?
You can easily look her up. She has years of financial market experience and she is also FINRA & SEC verifiable.
This reminds me that the hunt for exclusive luxury goods can be more exciting than the owning, which is a massive letdown. A bag is a bag. A Watch is a watch.
P.S.Any car you drive daily will become just “your ride”, a utility you take for granted and treat accordingly.
This has happened to me many times, Im just after that watch or whatever and then when you get it ......just sits around unused or in the case that I wear it nobody really cares NOBODY........however everybody will care what comes out of your mouth so now I rather invest time and money in further educating myself
@@Gave-rf1hr The people around me appreciate how caring I am (thanks therapy). The people around me actively resent, resist, and dismiss my book learning and schooling if it conflicts with their beliefs.
This is a rule I go by in most genuine relationships, you dont have to look like a bum but tame it down and see who looks at you. almost nobody, but just roll up with the Rolls Royce and then everyone want to know how you are. It's lonely at the top guys, eagles fly alone. like the alux lady said before all you really need is just 2 true friends and chances are by the time you're at the top those 2 friends will also be there with you. don't have to bring anyone along the ride thats for me at least.😁
In an age where everyone flexes on social media, this is awesome
This is becoming necessary.
Kim got robbed in Paris for flexing on social
@@alux Good.
Social media is all fake. Fake people with fake wealth.
Years ago I was at the opera. I saw a young woman wearing a long black spaghetti strap cocktail dress. The bag she was carrying was a LV Neverfull tote. I felt second hand embarrassment for her.
Stealth wealth is SILENT
Ooze class- whispering it in an appealing way rather than shouting it in obnoxious advertisement. And whispering personal importance and genuine happiness have the greatest appeal- less explicit, more precious- so beautiful it is to see it whispered I can only glance at them for a second and then look away like the sun so powerful the look. As a new generation comes into wealth and high society, this is what they’re placing value on- widely travelled, internationally educated, cosmopolitan in tastes and influences.
I had a conversation with a friend about this. He said he likes the idea of showing his money if he has achieved it. I said that after living in both cities, Los Angeles is mostly flashy, new money. New York seemed to be more subtle. In Los Angeles, people looked like walking billboards. In New York, there were people like that too, but people with money were dressed classier, more subtle, etc. You could tell their clothing was well made without a logo in sight.
Yeah
As a native Angeleno, I’ve never felt that the truly well off ppl in my city are flashy/fashionistas. More likely, they’re sporting lululemon or casual comfy clothing
Super SILENT. I’ve debated this topic with myself since my journey started and this video is the validation of my thoughts. Thank you for the light.
But, what if I'm a Music Artist?
My Wealth depends on my Fame !
Most people assume I'm Working middle class. I drive a pickup truck, live in a small house and wear overalls during the day. I'm a real-estate investor. My family is having a reunion this summer up north. I don't want to drive and I don't want to mess with the airlines. I can charter a small jet to take us but that might let the cat out of the bag as far as my wealth is concerned......... We're taking the jet.
Really good stuff. I used to be obsessed with getting the latest MBZ; now I couldn't care less. It is worth exploring why we want certain things. With extreme sports, usually both the probability of success of an expedition and your enjoyment depend on getting the very best equipment in existence. It is hard not to look like you are flexing - especially in poorer countries.
Thanks again Alux, I will apply this lesson to my life and once I've achieved my wealth goals I will be SILENT
She’s brought a ludicrously capacious bag. What’s even in there, huh? Flat shoes for the subway? Her lunch pail? I mean, Greg, it’s monstrous. It’s gargantuan. You could take it camping. You could slide it across the floor after a bank job.
I was hoping some of that dialogue would've made the video. Copyright issues, I guess.
Thanks for you sharing. I have to say that, I'm not a wealthy ones but I'm a upper middle class that helps me have a comfortable life. I often buy and use high price products as well as luxurious services sometimes. Because of this, my friends and I my relatives think I'm very rich and they usually ask me for borrowing my money and that make me crazy. Now, I know the reason for this issue after watching your video. Thanks again!
I didn’t know there was a name for it! I unknowingly went stealth wealth last April for many reasons some listed in this video.
Hi Alux, Great content. I noticed that you are not publishing every day. Have you reduced the number of times you are publishing on CZcams? I really miss the daily updates.
Learnt from my dad I had no idea he was remarkably wealthy and assets until few years back when he handed over.
I always wondered why I just love simple life yet the assets can make one just be on another level. In the country I live, folks adulation to money is incredibly visible. I find it odd and ingenuous.
Though younger folks are secretly wealthy and keep it quiet 🤫 they just love. Especially the ones in tech industry.
First time I’ve learned about this was when I read the book “The millionaire next door”. A great book that teaches about this principle in detail.
Don't change the person / lady who is speaking or explaining in this video. She speaks so so so well. She is an asset to Alux❤❤
I found myself moving out of the inner city and to a high end suburb that is 25 miles from the city center so I could be as far away from crime and problems as possible.
My neighbors are all of similar economic status and I have much more peace of mind. When I lived in town I felt like I had a target on my back from thieves, scammers, and jealous people.
I drive a 2016 Dodge which is a great vehicle but doesn’t scream wealth. I also wear clothes from Target and JC Penny.
My wife is much flashier than me and has a luxury car, clothes, and jewelry.
I don't know if it would be silent but I'd invest 90% of that money to expand our family's retail business with the 10% as cash so that I could provide more value to people.
Silent...A fine presentation. I was a little surprised that you did not mention one or two books, such as the Millionaire Next Door.
SILENT I’m in the early stages of getting myself wealthy I’ll keep my head down and work smarter. Invest wisely my time will come I will get silently wealthy 😊
Crystal clear. I am at the beginning. Thanks for setting an example. Time for silence and to keep learning. Nothing comes easy so let's enjoy the struggle. My start may have been terrible. But I will make my future in my image. Maybe not right a way but my time will come when it comes.
How do we start?
My time will come 👍
@@resiliencewithin You just do everything comes from the beginning. The enviroment you were raised in or weren't. The parents or guardians that raised you or didn't. The school you went to or didn't. That is your start your origin. Some call it childhood. others call it the period that leads up to our adult lives. We all have individual struggles. We all develop a way of looking at the world we experience. In the end it is all up to you. You are responsible for your own life when you are an adult. Nobody will hold your hand in this life and nobody will help you achieve what you want. You are responsible for your future no-one else. Take this advice as you will. From me or don't it is up to you.
@@brain4thoughts I hope does for you.
Lies again? You Make Me Happy UEFA SW
Thank you for another informative video. The silent path is indeed beautiful.
Thank you for sharing this information. I have been in that Place at 1 time. With your advice from this video I am going to apply what I have learned.😊❤
Great video Alux! Here's an idea though: how about living in a city for the uber-rich like Marbella, Monaco, Zurich, etc?
this is the peak of matured rich
I’m glad to hear this. This is the path I’m taking now while coming up. I haven’t wore my gold chain in 3 months. This is confirmation!!!!!
That's whats up 👍
This Video has a good thumbnail, I picked it for that plus the page looks like what this video explains in essence; silent branding/marketing
I learned a lot on this video, I might use a thing or two on my future videos
acquiring wealth means becoming the person to impress and not being the person that has to impress others.
Learned real quick to keep that quiet, the peace is what is truly priceless.
I agree 👍
I have this idea of wealth as being able to walk so calmly even in rush hours thinking in whatever your mind take you
Glad to see your still around after all these years.
Silence Is how we covered our trail in Iraq. I’ve noticed most millionaires and billionaires I have come in contact with are very tactical in speaking, moving, and choosing how they spend every minute of a single hour.
I have been doing it for years. I had to adopt this life style because my siblings are lazy.
I achieved Fat FIRE in July of 2020 and retired early, but told no one any particulars. It's been amazing choosing what to do or not do every single day since, and traveling around often in our small Airstream towed by our beautiful, impeccably maintained Stealth Wealth 2015 Jeep Grand Cherokee with 86k miles on it.
Love it
Keep them coming Alux. An amazing video once again.
I end up looking broke because I'm just too busy managing my business and just don't have time. Ultimately I need to learn how to better manage my business so I have time to spend the money I make instead of being exhausted getting from one week to another.
Is that really? What businesses do you manage? Nobody is that busy
I am deeply grateful for ALUX! SILENT
We’re grateful to have you here
silent it's really important that people aren't aware...just buy ordinary clothes, cars - ones that you like, but don't bring attention to you
Thank you Alux ❤
This was a pretty good video! Excellent points!
Putting well-earned money into the stock market can be over emphasize for first time investors,unlike a bank where interest is sure thing! Well, basically time are uncertain, the market is out of control,and banks are gradually failing. I'm working on a ballpark estimate of $5m for retirement, and I've a good 6 figure loaded up for this, could there be any opportunity a boomer like me?
Investing in a stock is a good idea, a good trading system would put you through many days of success.
There are a lot of strategies to make tongue wetting profits especially in a down market but such sophisticated trades can only be carried out by proper market experts.
That’s true , I’ve been getting assisted by Jessica Katherine Ellis for almost a year now , I started out less than $200k and I’m just $19,000 short of half a million in profits.
@@monicaryden9925Impressive
Please how can I reach out to her?
*JESSICA KATHERINE ELLIS* is easily searchable on Google. She has extensive knowledge of the financial market.reach out to her through her Google page
What a gem! 💎
Nothing but facts.
SILENT-- It is true, life is not about outside, but what is inside... Who you are is more important than what you are
I understand what you're saying but what about a celebrity or public figure can they live quietly?
These habits can be productive.The key to building wealth is developing good habits like regularly putting money away in intervals for investments .I made my first million from diverse assets with the help of my CFA .The stock market has plenty of opportunities to earn... i'm ever grateful to Susan Kay Mack..it's been a year of steady growth..
That’s some good values. sounds like you got something going for you
I did read about Susan Kay Mack on the web., quite a great resume she has
I also think that we salary earners need to realize that monthly income will not make you rich.
Did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply.
Silent...been following ALUX for 5yrs & this is my 1st comment😄
lol me too
Mabye this is one of the most wise advice's Alux give to me.
I’ve felt this way in general for a while. Why be flashy and loud? It’s like, hey look at me, I’m important. You’ll likely attract the wrong people and push away the good ones. I’d never own or wear a Rolex watch for same reasons.
But, what if I'm a Music Artist?
My Wealth depends on my Fame !
The 3 virtues: Stealth, Wealth, and Health
Common people who have wealth are a gift to society.
so important to be stealth wealth at the moment. I literally dress like a homeless person so that i don't get harassed 24/7.
I never heard of stealth wealth before watching this video. Thanks for putting me on. I think I like it.
me too, but heard about stealthing 😅😅
I thought about this last night so its such a coincidence that you uploaded this, my issue is that people will treat you "lesser" if you don't display your wealth, especially when you enter higher social spaces. I want to live stealthily, but people will try to put you in your place if you dont meet the visual requirements. As an ethnic minority people are actively looking to disqualify you aswell.
i.e. Walk into a expensive clothing shop in a hoodie and see you get followed. Walk in well dressed and you will get assisted. There was a case with Oprah similar to that.
I struggle to answer this as there are social and financial benefits to displaying wealth and there are cons.
Exactly
I hear you cause I had it happen to me when I used to live in a wealthy area downtown NYC. But how I feel about this as a minority too is that if I walk into a high end store and I am not treated with the same respect as any other person I will walk out file a complaint and never ever do biz with them again. I have nothing to prove so there is no need to flaunt my wealth. When you are very secure the need to flex isnt necessary. People who have had a lot of wealth for a long period of time are comfortable with it and don't display it on the same level as new money people who are not secure and find the need to let everybody know what they have. I prefer to be silent and only reveal to those who are part of my inner circle that I trust with my life. Everyone else will just speculate. I prefer to be a mystery to most. That in my opionion puts you in a very powerfull position.
Who cares though. If you have people "trying to put you in your place", you're around the wrong people. Sounds like a self-worth issue.
silent; i totally subscribe to this level of thinking honestly
Excellent information - Thank You!! 😀
So true!!! Love Stealth Wealth!!! 💕
Silence is the key to true success.
Safety is most important. Atlas and classic Range 👍🏽
Like "thieves take a hummer on your bugatti in order to rob you". We need a video like that tomorrow.
Stealth Wealth and Silent Luxury 🤫😎💡
Peace of Mind, Freedom of Time and Freedom to Choose are the ones for me. Don't care much for the rest, just looking for the ability to do what I want when I want with whom I want. Being beholden to others to wring the best out of you is want I want to be finally free of!
ONE OF THE BEST ALUX VIDEOS!!! SOOOOO SPOT ON!!!! SILENT 😃
Silent.... Thinking have one meaning and speaking have two..... I believe often Speaking doesn't give you new virtues it's other's point of view only.... Silence is integrity.
No way I’m first here for the first time 😀
2nd comment today! Congrats!
Thanks for you videos, Alux. They are fantastic! I have learnt so much from them. Especially those book recommendations. Good going, please keep sharing these insights with us 👍🏻
Thanks. Great content as always🎉
SILENT: I'm not sure how stealth my wealth would be but i’ll try though. When you guys mentioned Mark Zuckerberg you reminded me of a scene on the social network where Sean Parker convinced him to go to some investor meeting in his PJs. So stealth wealth is sometimes a brighter flex than an outward display of it. You show that you can walk into any room dressed anyhow and you are so well off that no one will even question you for it. Now that's wealth!!!👍
But, what if I'm a Music Artist?
My Wealth depends on my Fame !
Being a car guy, I get the general advice but personally I’m driving a fast car, could care less about what others think, your possessions should exist to provide happiness to you.
In the past i wanted a mansion boat, cars, living in a prime city location etc. Now I want to own a forested land out of town and build an off-grid home with all the luxuries and grow my own fruit and veggies and meat, etc, also a curved driveway so people can't see the house all behind the trees out of sight.
7:43 if this happened in 🇺🇸 those guys would have taken the room temperature challenge 😂
Thank you ALUX!!! Once again, you’ve delivered some of the highest quality information to give to the world!!! Easily worth a billion dollars!!!✨
Stealth wealth is quite peaceful indeed.
SILENT
I've worked in retail so long, I've developed an eye for quality over brand names so I think I'm one of the lucky ones, ha. If I had that much money you would probably see it but only if you were looking. Like I wouldn't have a mansion but I'd have a decent enough size house with a pimped out art studio and wine collection. I'd probably buy a lot of art too so there's that but not everyone knows art. You wouldn't know I'm rich unless you know me enough to come to my house. The only other time is if I went to a gala. I mean if I have an opportunity to wear a damn gown, I'm wearing it and everyone can the gt over it haha. I'm sure as a Black woman no one would think I bought it myself anway, ha.
I'm waiting for a video about why people are so obsessed with The Row brand as a quiet luxury nowadays.
Love it, keep the information coming!
Don't worry, we will!
Can you make a video on the US dollar collapse and transition to CBDC ?
This is what we commonly call... HUMBLENESS - MODESTY
But thanks for the advice anyway.
But, what if I'm a Music Artist?
My Wealth depends on my Fame !
Silent
Alux thanks for your helpful and genuine ideas, it give me support and help me shaping my mind
SILENT. Like a church mouse.
I also find that the less ego I have, the better I do ($$$) and feel. And one more thing, whoever you are that does the commentary, Lady, you have the best announcing voice on the internet. (but don't let it go to your ego. 😁)
Silent - Thank you!
Love you guys. Thanks for the great vids. 💪🏻
You must watch this astonishing Video.
SILENT.
It really is a must in this period of time.
It has always been my goal to be quietly rich.
Same
Silent nor Loud but I prefer mysterious. Luxury Concierge is key to Stealth Wealth.
I like the story of "Toads and Diamonds." See which would be kind to you if you appeared to have nothing.
S I L E N T
Very lovely video. Quality content
There is another word for this: Frugality!!