15 Ways to Create GENERATIONAL WEALTH

Sdílet
Vložit
  • čas přidán 20. 06. 2024
  • Let's see how you can build generational wealth! (Real & Practical)
    SUBSCRIBE to ALUX: / @alux
    15 Assets That Make People Rich: • 15 Assets That Are Mak...
    Have a look at our premium courses: courses.alux.com
    Bitcoin Essentials: alux.com/bitcoin
    In this Alux.com video we will be answering the following questions:
    How to build generational wealth?
    What is generational wealth?
    How to become generationally wealthy?
    How to build multi-generational wealth?
    How to create wealth that lasts multiple generations?
    How does one create multiple-generation wealth?
    How to make sure your kids are rich?
    How to create wealth for your grandkids?
    What is the best generational wealth documentary?
    What is the best generational wealth motivational video?
    00:00 - Intro
    00:52 - Buy Land
    02:12 - Buy Cash-flowing Property
    03:30 - Build an Evergreen Business
    05:34 - Buy S&P 500
    07:55 - Buy. Borrow. Die.
    10:35 - Buy & Hold Bitcoin
    13:57 - Buy & Hold Gold, Silver and Gemstones
    15:43 - Buy & Hold Art or other things people would pay for
    16:47 - Never stop earning & Minimize taxes
    18:58 - You perpetually compound wealth and knowledge
    21:19 - Marry well
    22:42 - Mentor your kids to takeover the business or build bigger than you did
    23:58 - Set up a trust
    24:53 - Allow children to only withdraw no more than 5% per year out of the trust
    25:46 - Write a Will
    27:21 - Question
    -
    Get Rich Playlist: • Get Rich Playlist - Al...
    Take Action Playlist: • TAKE ACTION by Alux.com
    All Sunday Motivational Videos: • Sunday Motivational Vi...
    Book Club: • Alux.com's Book Club
    -
    Social Media:
    / alux
    / alux
    / aluxcom
    ---
    Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content!
    Our website: www.alux.com is the largest social network for people who are passionate about LUXURY! Join today!
    SUBSCRIBE so you never miss another video: goo.gl/KPRQT8
    --
    To see how rich is your favorite celebrity go to: www.alux.com/networth/
    --
    For businesses inquiries we're available at:
    www.alux.com/contact/

Komentáře • 2,3K

  • @alux
    @alux  Před 2 lety +70

    Hello Aluxers! This Sunday Motivational video is a valuable beast!
    Try the 7 day alux experience in the app: www.alux.com/app
    15 Assets that Make the rich Richer: czcams.com/video/d65YRFhFJWU/video.html

    • @yeasashikder3704
      @yeasashikder3704 Před 2 lety +5

      🧡🧡🧡

    • @grahamwithinshaw4507
      @grahamwithinshaw4507 Před 2 lety +5

      I want to buy some land and get a mcds on it. Hope you’re having a great day alux lady live long and prosper 🖖 love you 😘

    • @grahamwithinshaw4507
      @grahamwithinshaw4507 Před 2 lety +2

      What about Withinshaw

    • @alux
      @alux  Před 2 lety +4

      @@grahamwithinshaw4507 that sounds like a plan, but careful that Mcds own the land of their locations.

    • @aidenjeremyvister5536
      @aidenjeremyvister5536 Před 2 lety +6

      LEGACY. I want to ensure my future children will never be deprived of anything they need like I was and to make their own wealth at least when I'm still alive

  • @SteveDutton-v
    @SteveDutton-v Před 2 měsíci +999

    Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets.

    • @mikey43221
      @mikey43221 Před 2 měsíci +3

      Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $650K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.

    • @tmer831
      @tmer831 Před 2 měsíci +2

      I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.

    • @DavidCovington-st2id
      @DavidCovington-st2id Před 2 měsíci +2

      My partner’s been considering going the same route, could you share more info please on the advisor that guides you.

    • @tmer831
      @tmer831 Před 2 měsíci +1

      “Vivian Carol Gioia’’ You can easily look her up, she has years of financiaI market experience.

    • @DavidCovington-st2id
      @DavidCovington-st2id Před 2 měsíci

      Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.

  • @Awakening_Feed
    @Awakening_Feed Před 2 lety +118

    15 ways to create generational wealth
    1. Buy Land
    2. Buy cash flowing properties
    3. Build an Evergreen business
    4. Buy S&P 500
    5. Buy. Borrow. Die
    6. Buy & hold Bitcoin
    7. Buy & hold golds, silver and gemstones
    8. Buy and old art and all things people consider valuable
    9. Never stop earning and minimize taxes
    10. You perpetually compound knowledge and wealth
    11. Marry Well
    12. Mentor your kids to take over your business or build a bigger one than you do
    13. Set up a trust
    14. Allow children to only withdraw 5% of their trust in a year
    15. Write a will
    ***Legacy***

    • @samuelvance5674
      @samuelvance5674 Před rokem +1

      This was selfless. Thank you

    • @onceago1
      @onceago1 Před rokem +1

      Thank you!!! It must be time consuming to do this but Great Looking Out 🎉

    • @irisesantiago5168
      @irisesantiago5168 Před 4 dny

      Thank you!! This video kept freezing on me and I couldn’t watch it for 5 days. You are a lifesaver!!!

  • @terrisewell4729
    @terrisewell4729 Před rokem +268

    Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life too 🙏🙏🙏

    • @limburgerfarrell3499
      @limburgerfarrell3499 Před rokem +3

      Henry Kissinger is quoted as saying, "If you control the food, you control a nation. If you control the energy, you control a region. If you control the money, you control the world." History tells us this is true.
      Perfect for words No sin in great wealth and no virtue in poverty

    • @johnalex4006
      @johnalex4006 Před rokem

      you've remind me of what someone once said "The mind is the man, the poor is in it and the rich is it too". This sentence is the secret of most successful investors. I once attended similar and ever since then been waxing strong financially, and i most tell you the truth..investment is the key that can secure your family future.

    • @Soboj-oy8me
      @Soboj-oy8me Před rokem

      Yeah investment is the key to sustaining your financial longevity but venturing into any legitimate investment without a proper guidance of an expert can lead to greater loss too

    • @nengsolavillasorda8519
      @nengsolavillasorda8519 Před rokem

      exactly! That's my main concern and what kind of investment can someone do with this increase economy turndown

    • @jessicasaunder6965
      @jessicasaunder6965 Před rokem

      Hello, please what exactly kind of investment are you talking about here, I'm really interested too

  • @christopherpaul5
    @christopherpaul5 Před 10 měsíci +1705

    Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

    • @MarkGrimm8
      @MarkGrimm8 Před 10 měsíci +3

      investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

    • @LukeMcfarlane5
      @LukeMcfarlane5 Před 10 měsíci +3

      This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

    • @MarkGrimm8
      @MarkGrimm8 Před 10 měsíci +2

      Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $486k in the last six month. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

    • @ritalorrigan
      @ritalorrigan Před 10 měsíci +2

      wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio

    • @MarkGrimm8
      @MarkGrimm8 Před 9 měsíci

      The adviser I'm in touch with is Christine Jane Mclean She works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.

  • @williamyejun8508
    @williamyejun8508 Před 10 měsíci +846

    Successful investing/trading is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

    • @jameswood9772
      @jameswood9772 Před 10 měsíci +2

      Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.

    • @lawerencemiller9720
      @lawerencemiller9720 Před 10 měsíci

      I’ve been using a coach for over 3 years and my portfolio has yielded from initial $500k to a ballpark estimate of $1.85m as of today.

    • @johnlennon232
      @johnlennon232 Před 10 měsíci

      This is probably what I should do. Who is your advisor, please?

    • @lawerencemiller9720
      @lawerencemiller9720 Před 10 měsíci +3

      My financial advisor is Lisa Angelique Abel . I found her on a CNBC interview where she was featured and I reached out to her afterwards. She has long helped me with my portfolio

    • @johnlennon232
      @johnlennon232 Před 10 měsíci

      Thanks for sharing, I just looked her up on the web and I would say he really has an impressive background in investing. I will write him an e-mail shortly.

  • @james.atkins88
    @james.atkins88 Před 11 měsíci +1250

    Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol

    • @Believer292
      @Believer292 Před 11 měsíci +3

      This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

    • @hunter-bourke21
      @hunter-bourke21 Před 11 měsíci +2

      Not at all, having monitored edge my portfolio performance which has made a jaw dropping $473k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I have taken since recently.

    • @rebecca_burns14
      @rebecca_burns14 Před 11 měsíci +2

      @@hunter-bourke21 I've been thinking of going that route, been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think your Fin-coach could guide me with portfolio-restructuring. Please who guides you on this process?

    • @andrew.alonzo
      @andrew.alonzo Před 11 měsíci +2

      @@hunter-bourke21 Thanks, I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.

    • @nickmoyer9112
      @nickmoyer9112 Před 10 měsíci

      Stupid bots

  • @stephaniestella213
    @stephaniestella213 Před 11 měsíci +823

    I agree the stock market is a very good way to make passive income. I have heard of several investors who were making more than $40k a month from the market. I'm ready to go into the market now, but I'm careful to not make a mistake. Or are there are safe bets?

    • @joesphcu8975
      @joesphcu8975 Před 11 měsíci +4

      It's hard to beat the market as an ordinary investor. You don't have access to information that professionals have. So it's just better if you invest with a professional who knows how things work better.

    • @lawerencemiller9720
      @lawerencemiller9720 Před 11 měsíci +1

      The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market

    • @johnlennon232
      @johnlennon232 Před 11 měsíci +2

      Wow! This is just mind-blowing. I have set aside $80k since the start of the year, but I've been hesitant to go into the market by myself because of fear of a crash. How about you recommend your financial advisor, please? I could really use some help.

    • @lawerencemiller9720
      @lawerencemiller9720 Před 11 měsíci +4

      My advisor is “Helene Claire Johnson”. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so

    • @johnlennon232
      @johnlennon232 Před 11 měsíci +2

      Looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her.

  • @BateserJoanne
    @BateserJoanne Před 8 měsíci +250

    Getting a head start by beginning early is the most effective way to build wealth, with investment taking precedence. I've learned from last year's experience that starting early allowed me to create a better life through early investments this time around.

    • @Rodxmirixm
      @Rodxmirixm Před 8 měsíci +2

      Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $650K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.

    • @Jason9o669
      @Jason9o669 Před 8 měsíci +2

      I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimise risks and maximise profits, generating around $3 million in three years with my advisor, Stacey Lee Decker.

    • @ClementRusso2
      @ClementRusso2 Před 8 měsíci +2

      I'm intrigued by the idea of investing with an analyst, it seems like a wise choice in today's market. Could you provide me with some guidance on how to get in touch with her?

    • @Jason9o669
      @Jason9o669 Před 8 měsíci +1

      With the help of google you can book an appointment. She has a wealth of experience in the financial market gained over several years.

    • @VickyAlvy
      @VickyAlvy Před 8 měsíci

      After reading your insights, I researched her full name and found her online webpage. Thanks for your help.

  • @stevensmiddlemass2072
    @stevensmiddlemass2072 Před 11 měsíci +473

    Alux, I overheard someone talk about how he grew his portfolio from $110k to almost $350k during this crash, can you give me proper tips on how to make such aggressive returns in short periods?

    • @Curbalnk
      @Curbalnk Před 11 měsíci +2

      Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals

    • @DanLeahfort
      @DanLeahfort Před 11 měsíci +2

      @@Curbalnk Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice

    • @colleen.odegaard
      @colleen.odegaard Před 11 měsíci +1

      @@DanLeahfort Amazing! How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @DanLeahfort
      @DanLeahfort Před 11 měsíci +2

      I achieved this with the aid of *Heather Ann Christensen* , a well known advisor. You can make a quick internet research with her name mentioned where you can easily get in touch.

    • @colleen.odegaard
      @colleen.odegaard Před 11 měsíci

      @@DanLeahfort Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

  • @Harperrr.99
    @Harperrr.99 Před 11 měsíci +465

    Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less $150k per year, but nothing to show for it yet.

    • @McElvinn
      @McElvinn Před 11 měsíci +1

      @@corrySledd Nice, who is the Financial Advisor aiding you if this is not much i'm asking? my retirement plans are going down the drain with my 401k particularly losing everything it gained ever since 2021.

    • @McElvinn
      @McElvinn Před 11 měsíci

      @@corrySledd Thanks for the info, i found her website and sent a message hopefully she replies soon.

  • @hannahschultz9074
    @hannahschultz9074 Před rokem +172

    Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..

  • @danielwright4931
    @danielwright4931 Před 5 měsíci +49

    Hey there! Just wanted to remind you that it's never too late to start taking your investment journey seriously. I remember struggling for years before diving into crypto last year. And let me tell you, it completely changed my life! So don't lose hope, my friend.

    • @ameliaemerson2250
      @ameliaemerson2250 Před 5 měsíci

      I make £84k/yr. No investment and I work from home. I need to do something quick. What can I do?

    • @danielwright4931
      @danielwright4931 Před 5 měsíci

      £84k/yr is not bad. If you're interested in good options, consider exploring cryptø. They offer potential growth. Just make sure to do your research and tlk to a consultant

    • @ameliaemerson2250
      @ameliaemerson2250 Před 5 měsíci

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

    • @danielwright4931
      @danielwright4931 Před 5 měsíci

      Oh! I found Olivia Charlotte Oswald on the CBNC market interview, looked her up and we began our partnership.

    • @getitbig9142
      @getitbig9142 Před 5 měsíci

      Cryptos and real estate crowdfunding are awesome investment options! It's great that you're growing with Olivia.

  • @glenbert1396
    @glenbert1396 Před rokem +267

    This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!

    • @emilyjacobsen9955
      @emilyjacobsen9955 Před rokem +2

      @@svengrot7943 < You are definitely going to want someone who has experience managing a portfolio in bear and bull markets. I invest in all of the major markets, but not alone. I mirror the trades of "Theresa Mary Chamblee" who you may have seen on the news performing stock analysis. I can confidently claim she's worth her salt as a financial consultant since her diversification abilities are top-notch>

    • @louisairvin3052
      @louisairvin3052 Před rokem +2

      @@emilyjacobsen9955 How do get in touch with this financial consultant whom you mentioned?

    • @emilyjacobsen9955
      @emilyjacobsen9955 Před rokem +2

      @@louisairvin3052

    • @louisairvin3052
      @louisairvin3052 Před rokem +1

      @@emilyjacobsen9955 Theresa really seem to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.

  • @LucaArthur10
    @LucaArthur10 Před 7 měsíci +43

    The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.

    • @Francesjean432
      @Francesjean432 Před 7 měsíci +1

      Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.

    • @LucasSmith715
      @LucasSmith715 Před 7 měsíci

      " It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid , instead of trying to be very intelligent."

    • @EvelynGrace-gs3ze
      @EvelynGrace-gs3ze Před 7 měsíci +1

      The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

    • @RandyVincent808
      @RandyVincent808 Před 7 měsíci

      Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.

    • @oscarjack643
      @oscarjack643 Před 7 měsíci

      Trading under the guidance of an expert is the best strategy for beginners.

  • @theodorerossi7998
    @theodorerossi7998 Před rokem +134

    *Think big, build intelligent plans, work towards them and stay positive.* Investing still remains the smartest way to prepare for the unexpected. I've been investing consistently for 6 years and I am extremely pleased with the returns. For anyone who wants to start;- *it's never late to start.*

    • @theodorerossi7998
      @theodorerossi7998 Před rokem +1

      @Lorenz Sofia Building intelligent plans and putting your needs above your wants is key to wealth creation and becoming successful. I suggest you seek the help of a Financial Advisor. For the record, working with one has been the best for my finances.

    • @theodorerossi7998
      @theodorerossi7998 Před rokem +1

      @Lorenz Sofia I work with a Certified Financial professional *(Donald Nathan Scott ).* Quickly do an internet research with his full names as mentioned where you can easily get in touch and as well write him.

    • @michelpierre3153
      @michelpierre3153 Před rokem

      Donald is the best in the field. I built a stable income stream working with him and I’m delighted to see this comments here. I hope it inspires y’all out there looking for an expert to help you in making financial decisions.

    • @ryanphilips4808
      @ryanphilips4808 Před rokem +1

      @@theodorerossi7998 I am happy to come across this opportunity, I just found the professional's page online and wrote to him. Thanks for the recommendation 🙌

    • @ThompsonMLisa
      @ThompsonMLisa Před rokem +1

      Great! ❤️ where your heads are!! It’s so lovely reading helpful information here. How sad it is that people would see this information but would wait on friend’s or family’s opinion before the make decisions that will change lives and improve their finances.

  • @oneiljerry9460
    @oneiljerry9460 Před rokem +185

    Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

    • @joesphcu8975
      @joesphcu8975 Před rokem +3

      We must consider safer investments with promising returns in order to plan for the future. If you approach investing with a five-year perspective and simply DCA whenever you receive a check. Under the direction of my investment advisor, "Eileen Ruth Sparks", whose expertise in portfolio diversification is unsurpassed and client-focused, my portfolio has gained almost $643k since January 2022.

  • @jessicasam2516
    @jessicasam2516 Před rokem +143

    I'm not in any way kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it, Investing is a long-term game, so I try to focus on the long term.

    • @madhav411
      @madhav411 Před rokem

      I cannot focus on the long run when I should be retiring in 4years, you see l've got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/ unstable market doesn't provide any calculated risk opportunities to make profit?

    • @charliehunnam5187
      @charliehunnam5187 Před rokem

      There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts

    • @josephhughes9583
      @josephhughes9583 Před rokem

      I do agree, I have been consistent with my profit regardless of the market conditions, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a popular forum, long story short, its been years now and I've gained over $850k following guidance from my investment adviser.

    • @aarondaniels5525
      @aarondaniels5525 Před rokem

      I've been down a ton, I only hold so that I can recoup, I really need help, who is this investment-adviser that guides you

    • @josephhughes9583
      @josephhughes9583 Před rokem

      If that is the case, it would be an innovative suggestion to look out for Financial Advisors like Olivia Maria Lucas who can help shape up your portfolio. Trying times are ahead, and good personal financial management will be very important to weather the storm.

  • @neophyteruss
    @neophyteruss Před 2 lety +24

    LEGACY🔥 I like this debate prompt!! I want my kids and grandkids to craft their own destiny/wealth, BUT I’d use my spoils to support and love them through it. Only because you learn so much doing it yourself/in a team.
    My uncles got spoiled from my grandma’s wealth and didn’t make much out of it. They blew through so much without caring about the rest of us, the “obnoxious trust fund babies” you mentioned. I didn’t get to see the spoils of my grandma’s work in my formative years and it taught me priceless lessons about building that I’m sure she went through.
    My kids would never know the poverty and strife I did but I want to give them the space to know the joy of crafting, if that’s what they choose. Thanks as always Alux.

    • @alux
      @alux  Před 2 lety +2

      That’s the right mindset Russell

  • @albacus2400BC
    @albacus2400BC Před rokem +176

    Very well articulated; I wish I had more time for trial and error, but I'll be 56 in October and I need ideas and advice on what investments to make to set myself up for retirement, especially with the looming inflation and recession; my goal is to have a portfolio of at least $500k at the age of 60.

    • @cloudyblaze7916
      @cloudyblaze7916 Před rokem +1

      There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts...

    • @ericmendels
      @ericmendels Před rokem +1

      I’ve been on both end of the spectrum, I was lnvesting on my own for about 3years, did my own study and analysis before actually buying, things became rather difficult after the pandemic which was right about when I reached out to a portfoIio-advisor for guidance, It’s been over 2 years and I’ve scaled up a stagnant reserve of $280K to $700k in just about 24months.

    • @brownkloops2328
      @brownkloops2328 Před rokem

      @@ericmendels Your assertion that as we age we become more risk averse rings so much true to me. who’s your financial advisor i would love to check him/her out.

    • @ericmendels
      @ericmendels Před rokem +4

      @@brownkloops2328 "THEDA HELENE JACKSON" is my Portfolio-Manager, I found her on Bloomberg where she was featured and at once, looked up her name on the web.Thankfully, I came across her website and reached out to her

  • @taylorgreen5908
    @taylorgreen5908 Před rokem +52

    These steps can be productive. Alux represents a wealth of knowledge and experience. The key to building wealth is developing good habits like regularly putting money away in intervals for investments .The stock market has plenty of opportunities to earn.. I made my first million from trading stocks with the help of my financial advisor Susan Kay Mack handling my portfolio ..it's been a year of steady growth..

    • @stanleyfujiwara1394
      @stanleyfujiwara1394 Před rokem +2

      that's quite impressive, you surely made a good bit of money..

    • @mitchsapastein5593
      @mitchsapastein5593 Před rokem +1

      I did read about Susan Kay Mack., she has a pretty decent bio

    • @donaldlocher2537
      @donaldlocher2537 Před rokem +1

      Truly It’s all about accumulating wealth through compound interest investments.

    • @walter.dlawson2580
      @walter.dlawson2580 Před rokem +1

      I was able to find her webpage and leave a mail after going through her credentials, i'm willing to make consultations to improve my portfolio

  • @tinker2217
    @tinker2217 Před 2 lety +35

    I don't think people realize how Amazing this video is. This is literally All the financial info I've gained in the last 5 years!!! I'm sharing this with everyone I know.

    • @alux
      @alux  Před 2 lety +10

      That’s why we built Alux. To be the ultimate wealth education vehicle. Thank you for being an aluxer!

  • @perezcamelia1273
    @perezcamelia1273 Před 9 měsíci +97

    Great video. I’ve watched several of such youtube videos. I believe now is a great time to diversify your portfolio and investing strategies. I’ve watched CZcams videos on how to trade and invest in the market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands

    • @jaysonrussell6310
      @jaysonrussell6310 Před 9 měsíci

      The best strategy to use in trading is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed. I'll highly recommend Brenda Brown, she is my current trader and her strategies are working.

    • @tishadin752
      @tishadin752 Před 9 měsíci

      I'm amazed you mentioned Brenda Brown! She is the best and her strategies works like magic. I've been making over 80% of my investment weekly since I started investing with her trading service

    • @martinthomas9371
      @martinthomas9371 Před 9 měsíci

      This is not the first time I am hearing of Brenda Brown and her exploits, how she handles investments and generates good profits. She really made a good name for herself, but I have no idea how to reach her

    • @jaysonrussell6310
      @jaysonrussell6310 Před 9 měsíci

      Through tele

    • @jaysonrussell6310
      @jaysonrussell6310 Před 9 měsíci

      Gramm

  • @bunnyvibez4864
    @bunnyvibez4864 Před rokem +10

    Nice video!
    But my mentor would always say; Desire + Motivation + Action = Success

    • @adamsgreen4220
      @adamsgreen4220 Před rokem +1

      Noted! And what are the actions needed to be successful?

    • @annmannings1840
      @annmannings1840 Před rokem

      I’m a resident of Egypt and have heard of crypto currency and would love to join..,any guide?

    • @annmannings1840
      @annmannings1840 Před rokem +1

      @@nathanieljohnson5857 Thanks so much…I will do that ASAP!

  • @oliviaralston1
    @oliviaralston1 Před rokem +22

    When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.....

    • @darrelbritany7037
      @darrelbritany7037 Před rokem

      Wow thank you for your kind heart, I really find it difficult to trade myself am looking forward to find an Exprt to help me out when I ran into you

    • @vickia.weaver7488
      @vickia.weaver7488 Před rokem

      You are right. Been thinking of going into gold and cyptocurrency

    • @tracyholian2944
      @tracyholian2944 Před rokem

      It's obvious everyone is doing this online Investment

    • @alinamikelle8688
      @alinamikelle8688 Před rokem

      @@tracyholian2944 I totally agree with you it has been an eye-opening experience for a lot of people.

    • @dustireller3953
      @dustireller3953 Před rokem

      Investment is the key to achieving success with the current pandemic slowing down so many businesses aww

  • @williambartle5510
    @williambartle5510 Před 2 lety +6

    From my experience, hard work has already been my calling card. From a great memory to overcoming mediocre parents, I have laid the foundation for my children and grandchildren to live better than I did. Regarding this question, I would rather educate my children and grandchildren about financial literacy, success, and business than create a false sense of security that my death will amount to my grandchildren winning the lottery. I never want my progeny to lose that competitive fire and never-say-die attitude that I have had throughout my life. And unless like my parents, I want my children to outperform me in any way possible. Their successes are just as a reflection of me as simply benefitting from an inheritance, which they'd blow anyway if not educated to handle such matters responsibility. If anything, my hard work should go into their hard work. My progeny should use my wealth to create more wealth, if anything else. LEGACY

    • @kennethlalla1779
      @kennethlalla1779 Před rokem

      Hard work is overrated. Any fool can work hard. It's what you do with the proceeds of your work that counts. That is what this video is about

  • @romelindareyes7337
    @romelindareyes7337 Před 2 lety +140

    I came to CZcams to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.

    • @mackzack297
      @mackzack297 Před 2 lety +2

      Investing in stocks is a good idea, a good trading system would puts you through many days of success.

    • @kennethglenn4879
      @kennethglenn4879 Před 2 lety +2

      It is also possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market than to the cost of proper diversification.

    • @dicksoneteng2111
      @dicksoneteng2111 Před 2 lety +1

      Exactly, the trick is to diversify and invest consistently

    • @viratkhan4307
      @viratkhan4307 Před 2 lety

      @@ashleymiguel6579 That's impressive. Are you giving him your money or it stays in your trading account? What's really the idea behind copying trades.

    • @rogabibither6728
      @rogabibither6728 Před 2 lety

      @@ashleymiguel6579 Please 🙏, how do I get in touch with Nura Reiner Carvalho? i would love to trade with him

  • @SkullRPG
    @SkullRPG Před rokem +1

    I have set up a cash value whole life policy for my just born granddaughter that I own. It will have over a million in cash value when she is in her twenties, but the goal will be for her to start to create a business by looking for problems and solutions. I loved the concept of trust fund with 5% only. And YES we talk about money all the time in my household because we all need to be on the same page. Great video.

  • @Patrickonsocial
    @Patrickonsocial Před rokem

    The key to success is in taking action. Great video again. Thanks, Alux 🚀💯🙏

  • @drsamscott
    @drsamscott Před 2 lety +6

    Alux has helped me greatly in the past 2 years. Thank you!🙏🏼☺️

    • @alux
      @alux  Před 2 lety +3

      We hope to help you in the next 2 as well!

  • @stanleyjavin4911
    @stanleyjavin4911 Před rokem +121

    Everybody is concerned about the market going down but refusing to take advantage of it. Most of the blue chip stocks and Crypt0s are down at the moment and now is a very good time to invest in them. The best decision I ever made in my life was investing in the crypto and stocks market. Trust me guys, it really pays a lot! The market is experiencing a fierce correction and now is the best time to stack up on those blue chips.

    • @stanleyjavin4911
      @stanleyjavin4911 Před rokem

      @George Phillips Crypto is a highly volatile market, while it's important you make your research properly before going into it it's advisable you invest with a professional who understands the market

    • @stanleyjavin4911
      @stanleyjavin4911 Před rokem

      @Pedro Sean personally i trade with Rebecca.F.Cassar . Her services are exceptional and her returns are great

    • @stanleyjavin4911
      @stanleyjavin4911 Před rokem

      @Pedro Sean You can connect with her on what'saap

    • @stanleyjavin4911
      @stanleyjavin4911 Před rokem

      +156

    • @stanleyjavin4911
      @stanleyjavin4911 Před rokem

      1363

  • @samtrevor3449
    @samtrevor3449 Před 2 lety +35

    The next couple of month ought to be great with crypto related investments and getting into a good passive income program is ideal

    • @cutesparkle3228
      @cutesparkle3228 Před 2 lety

      Crypto is the perfect hedge to solve worlds monetary problems learning how to earn passively and trading crypto changed everything for me

    • @Nnadi.
      @Nnadi. Před 2 lety

      Sadly we all did incur some losses at some point trying to navigate the space without proper guidance but with time you will learn if you want to and grow your portfolio even better

    • @peterthomas..
      @peterthomas.. Před 2 lety

      Crypto is the future everyone knows that now

    • @Paschalnnadi
      @Paschalnnadi Před 2 lety

      Stocks are good too

    • @a.k5675
      @a.k5675 Před 2 lety

      Stocks are good but Crypto is better

  • @amsthe3rd
    @amsthe3rd Před 2 lety +20

    The time that went into this piece is evident. ALUX consistently shows that the company's LEGACY will be inspiring our own families. Thanks as always!

  • @patrickoleary4008
    @patrickoleary4008 Před 2 lety +100

    I wasnt financial free until my 40’s and I’m still in my 40’s, bought my third house already, 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 market is a grand choice I made. Great video! Thanks for sharing!
    Very inspiring! I love this.

    • @stonesanull7224
      @stonesanull7224 Před 2 lety

      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.?

    • @patrickoleary4008
      @patrickoleary4008 Před 2 lety +4

      @@stonesanull7224 I invest across the top markets but not by myself though. i follow the guidelines of MELISA PAMELA PEREZ . you might have heard of her.. I can correctly say she's worth her salt as a investment advisor as her diversification skills are top notch, I say this because i see that in her results as my portfolio grows by averages of 20 to 3O% on a monthly basis, unlike i can say for my IRA which has just been trudging along. my portfolio just mirrors what she place and not just on some particular industries of my choosing.she gave me that financiaI freedom I needed

    • @stonesanull7224
      @stonesanull7224 Před 2 lety

      @@patrickoleary4008 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?

    • @patrickoleary4008
      @patrickoleary4008 Před 2 lety +3

      @@stonesanull7224 look her up on the internet and leave her a message she's quite popular for her services as she was recently featured on
      cnn. She can work with anyone irrespective of where your located

    • @rev.robbinsamaultfrance1509
      @rev.robbinsamaultfrance1509 Před 2 lety +3

      @@patrickoleary4008 This is a shocker seeing melisa pamela perez is being mentioned here. I always had mixed feelings about hiring a lnvestment advisor. For the record, I started working with melisa in 2019, and she manages about 70% of my lnvestments, while I manage the other 30%. My philosophy is that I care more about my own money than anyone else, but she made me accept that they have wealth of information on current conditions and future trends

  • @toanluongnhu2088
    @toanluongnhu2088 Před rokem +1

    Awesome video about real wealth! Worth watching it over and over again. Thank you Alux. #LEGACY #EMPIRE

  • @teambozproductionsboswell5563

    THANK YOU ALUX!!! I BEEN WAITING ON THAT NFT COURSE. PLEASE MAKE IT!

  • @greggeorge6711
    @greggeorge6711 Před rokem +53

    Every family has that one person that will break the family financial struggles, I hope you become the one. 🙏🙏🙏🙏

    • @dannysamuel4056
      @dannysamuel4056 Před rokem +2

      Your businesses will make you rich but your investments will make you wealthy. We all deserve to be rich and have financial freedom. I pray everyone here becomes extremely successful.

    • @darlingtonsam3614
      @darlingtonsam3614 Před rokem

      Assets that can make you wealthy
      Crypto
      Stock
      Real Estate
      Gold

    • @stevewilliams760
      @stevewilliams760 Před rokem

      When you invest in crypto you are buying days you don't need to work

    • @maxiecharles2842
      @maxiecharles2842 Před rokem

      @@darlingtonsam3614 You're right, Fear is one of the factors that hinder most persons to invest into crypt0, most persons say ignorance..

    • @patienceoluchi5134
      @patienceoluchi5134 Před rokem

      I'm enjoying working under a platform that brings good returns in my life and I've been making my weekly returns without stress all in crypto

  • @everythingcuteandwhimsical

    This was such a helpful video. My husband and I are the first, on both sides of our family, to start a lucrative business. Our goal is to eventually expand and have many locations. These tips on how to pass the wealth attained, on to our children the correct way, are very helpful.

  • @poppyspowerups
    @poppyspowerups Před rokem +1

    Legacy. That's what I'm building. Keep 'em coming. #powerup

  • @danielcurtis9926
    @danielcurtis9926 Před rokem +114

    Sometimes I really wondered how people make this huge profits investing on the stock market online, I agreed with you investing and earning is a legitimate way to gain financial freedom, but how is it done?

    • @rickieleigh5694
      @rickieleigh5694 Před rokem

      I think am blessed if not I wouldn't have met someone who is as spectacular as Mr Jeff O'Reilly Has been handling my account for years now.

    • @rickieleigh5694
      @rickieleigh5694 Před rokem

      @Joshua Michelle You don't need to be shocked, because Jeff O'Reilly has helped me recover what I lost trading myself.

    • @josephdale6069
      @josephdale6069 Před rokem

      Who's this professional everyone is talking about, I always see his name at top comments on every CZcams video I watched.

    • @hannagarcia2614
      @hannagarcia2614 Před rokem

      I think for people to talk this good about him, he must be a pro,

    • @paulnorman18
      @paulnorman18 Před rokem

      @@rickieleigh5694 hello may you please kindly connect me with Mr Jeff O'Reilly . I will appreciate . Thank you

  • @freddielogan9739
    @freddielogan9739 Před 2 lety +53

    I am continuing to Add to my portfolio. As warren Buffet said "be brave when everyone else is fearful ". The stock market ALWAYS recover, so hold for long term and have the stomach for the ride 👍.

    • @jesusbruno808
      @jesusbruno808 Před 2 lety

      Mrs Sarah really is doing a lot of people a genuine favor with her daily signal! I've earned alot also

    • @elenaserador2561
      @elenaserador2561 Před 2 lety

      saw recommendation but I did not bother chating her up

    • @benjaminrobert4807
      @benjaminrobert4807 Před 2 lety

      Wow i'm glad i did. I withdrew my first profit two days ago now I have another ongoing trade with her

    • @douglasjohn8256
      @douglasjohn8256 Před 2 lety

      The fruitfulness of your trading lies on the account manager or the expert

    • @lindseyboriss486
      @lindseyboriss486 Před 2 lety

      I have been seeing so many recommendations about Mrs Sarah on different platforms trending I think she must be good for people to talk about her

  • @johnwilliams2313
    @johnwilliams2313 Před rokem

    Legacy! I would pray that I have taught them well and observed their progress before I pass on. I would ask that they would expand on the brands that I have already established and that they would do the same for my grand and great grandchildren. To this end, I will publish a book that will provide written instructions of what I want them to do. This will provide the beneficiaries with wisdom and processes that will protect the trust. The Trustee has the final say. The Trustee will monitor, provide advice and consent of their progress. Mis-steps will be discussed and the penalty may result in the full reimbursement of the error from their own trust fund. -John

  • @christines9227
    @christines9227 Před 2 lety

    Legacy 🥇 👍🏽 thank you Alux 💗

  • @ReneeBobb
    @ReneeBobb Před 2 lety +28

    Great information like always. This video has been very helpful. Even though my kids are adults we still have quarterly family meeting and we do a yearly retreat to talk about money, building wealth and planning for our future. Thanks again for the amazing information.

  • @gabrielsoto2245
    @gabrielsoto2245 Před 2 lety +6

    “LEGACY” A million Thanks for bringing back the 10 & 15 things….! Love it 😍.

  • @konilee7015
    @konilee7015 Před rokem

    My grandparents bought 300 acres of land in 1939 for a thousand dollars. They were self - sufficient with a small farm on one parcel of land and one of them worked outside of the home. The second generation sold lumber, land, livestock and organic vegetables while working outside of the home, the third generation sold lumber, land and worked full - time and part - time jobs outside of the home. Because the land is in another state and we are getting older, we are thinking about selling the remaining 170 acres and the Joint Heirs plan to give some of the money from the land sale to help the 4th generation. Have a pre - nup as well as a Bloodline Trust if you get married. If you don't have a Bloodline Trust or Will, so that your portion would go to the surviving Joint Heirs.

    • @evelynzlon9492
      @evelynzlon9492 Před 4 měsíci

      Land is the most difficult asset to piss away over generations. It's also inherently income-generating. You need quite a lot of it to farm for profit. Three hundred acres is a reliable cushion. But even if not for profit, land is a hedge against hyperinflation where currency becomes worthless and you need hands-on control over your food production. Hyperinflation may not induce famine by itself, but if you're already teetering on the brink of starvation, the Nazis may decide to come along and finish you off. "To he who has much, much will be given. But to he who has little, even that little will be taken from him." (Matthew 13:11-12).

    • @evelynzlon9492
      @evelynzlon9492 Před 4 měsíci

      Another excellent reason to own large tracts of land is to retreat there if you go insane. If you live in close proximity to others, you may be taken away and/or evicted from your home if you are heard screaming to yourself in the wee hours of the morning. If you're in the middle of nowhere that's not a problem. There's also Murphy's Law: you're more likely to go insane IF there are consequences for doing so. This is also one possible solution to the riddle if a tree falls in the forest...

  • @JLW667
    @JLW667 Před rokem +2

    17:27 Purpose
    18:20 Kids
    5:02 Family Brand
    1:04 Personal Wealth vs Family Wealth

  • @christianaemilio1
    @christianaemilio1 Před rokem +43

    The most prudent thing for everyone to do right now is to invest in other sources of income that do not rely on the government. Especially in light of the present global economic crisis. This is still an excellent opportunity to invest in stocks gold, silver and digital currencies.

    • @RDavid.
      @RDavid. Před rokem

      Talked to my millionaire uncle (been investing in Vanguard funds for 30 years) last night i asked what advice he would give investors in today's market: "If you're a long-term investor, you should be buying stocks now. Ignore the recession news, it. doesn't matter over the long-term.

    • @-Fredrick
      @-Fredrick Před rokem

      People are always focused on the short
      term and never the long term investment. Yeah, the market is brutal at the moment and it sucks for everyone, but the market always rebounds higher than it ever hit before. Good investments today bring better returns in the future.

    • @Gabrielle..
      @Gabrielle.. Před rokem

      I diversified my portfolio across various market with the aid of an investment advisor name, Williams T. Kevin. I have been able to generate a good profit across high dividend yield stocks, crypto shares, ETF and bonds during this red season.

    • @Gabrielle..
      @Gabrielle.. Před rokem

      @Mariah communicate with him on telegam with the user name below.

    • @Gabrielle..
      @Gabrielle.. Před rokem

      @Mariah Earnwithkevin.

  • @nk2759
    @nk2759 Před 2 lety +7

    ⭐ i am watching this video 5 times in a week, since it's released and connecting dots. Love 💖 from India.
    ALUX is precious for me.
    I am watching different content regularly since. 2 years. Significant improvement in my life 👌👌👌

  • @frankchambers2114
    @frankchambers2114 Před 2 lety +2

    I HAVE TRUST FOR MY KIDS BUT THAT 5% RULE IS EPIC!!!!! THANK YOU

  • @dipenkhadka8666
    @dipenkhadka8666 Před 2 lety

    Legacy... I love you content...
    I am the few ones, who love to watch your video till the very end (bonus).
    I learn a lot from your video.
    Thank you so much🙏👏🙏

  • @folorunso
    @folorunso Před 2 lety +6

    LEGACY!! Game on!! Thanks guys as always!

  • @soniaprasad2801
    @soniaprasad2801 Před rokem

    “LEGACY”
    Excellent content, thanks for sharing 👍🏼

  • @KBE-Life_
    @KBE-Life_ Před rokem +1

    It’s interesting to revisit this video a year later and see how things have quickly switched.

  • @ceanorpilla5540
    @ceanorpilla5540 Před 2 lety +6

    Another great video about wealth! Worth watching it over and over again. I was taking notes while listening and watching this video. Thank you Alux. #LEGACY

  • @billyolson6320
    @billyolson6320 Před rokem +8

    I FEEL LIKE THE HOLE SEASON IS OVER, I'M TRYING TO GET INTO TRADING AS A ROOKIE, BUT I'VE HAD SO MUCH LOSS0 TRYING TO TRADE ON MY OWN, PLEASE WHAT STRATEGIES DO I NEED TO EARN PROFITS FROM THE MARKET came here to learn how to trade after
    listening to this video lI'm still confused,
    I'm a newbie and I'm open to ideas.

    • @kathylarson5377
      @kathylarson5377 Před rokem

      The best strategy to use in
      trading is to trade a professional who
      understands the market quite well, that
      way maximum profit is guaranteed.
      Because I have learned along the way
      of my investment that research and
      analysis are important, note that
      experience is more needed, than luck
      when it comes to the financial market.

    • @julielopez1948
      @julielopez1948 Před rokem

      This Bitcoin trading has
      set sail. I honestly cannot
      overemphasize how much delving into
      Bitcoin trading has helped saved and
      changed the lives of many.

    • @craigrichards9104
      @craigrichards9104 Před rokem

      most tinmes it amnazes me greatly the
      way I moved fro an average lifestyle to
      earning over $62k per month, utter
      shock is the word. I have understooda
      lot in the past few years to doubt that
      opportunities abound in the financial
      markets, The only thing is to know
      where to focus.

    • @tildawigren5086
      @tildawigren5086 Před rokem

      Interesting.. how did you do it? I could
      use some help over here too, My Crypto
      picks have been depressingly bad Tbh
      I'm in need of a good investment plan
      currently, I still have a lump sum in a
      savings account yielding next to
      nothing. Do you have more clues that
      could help?

    • @astridwigren7043
      @astridwigren7043 Před rokem

      I'm very confident trading with
      Mrs Dailey Carinn Stephanie because of the steady
      income she makes for me. She has
      never faltered

  • @ernestgreen254
    @ernestgreen254 Před rokem

    Thanks for sharing this has been on my mind for 17 years

  • @jamesvandross6515
    @jamesvandross6515 Před 2 lety +1

    Another outstanding Alux video. Many thanks.

  • @michelledavies7634
    @michelledavies7634 Před rokem +82

    I am a cautious investor with a number of multifamily real estate investments in my portfolio. I have participated in numerous investment opportunities offered by Jane Marie Kunak over the past few years. The ROI in all cases has been very positive with returns exceeding the initial business plans. Attention to market opportunities and risk management has been instrumental in L5’s success and good performance over the years.

    • @joeywilliam6488
      @joeywilliam6488 Před rokem +2

      Diversify your portfolio, any single stock that you own shouldn’t have too much of an impact on your overall return.

    • @razilebirch9100
      @razilebirch9100 Před rokem +3

      Picking individual company stocks often causes people to not make as much wealth gains compared to just investing in a good index fund. Individual stock picking is for people who have enough excess cash that they are prepared to lose should the company start failing.

    • @lingwallace5265
      @lingwallace5265 Před rokem +2

      Found her webpage by looking up her name online.... Her resume is quite outstanding, I'll be writing a mail to her shortly.

    • @dougparson4407
      @dougparson4407 Před rokem

      What is your average ROI on your rental properties?

  • @arthurwilson7785
    @arthurwilson7785 Před rokem +13

    I will forever be indebted to you, 🙏you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs.Christi Lily

    • @klaasjohnsons1523
      @klaasjohnsons1523 Před rokem

      I'm surprised you know her too, I've been making a lot of profits investing with her for a few months now.

    • @tessbakker7549
      @tessbakker7549 Před rokem

      Mrs Christi Lily changed my life because of her high profits I got from investing with her.

    • @nicolasvasquez7531
      @nicolasvasquez7531 Před rokem

      You invest with Mrs Christi Lily? Wow that woman has been a blessing to me and my family.

    • @philipclarkson5910
      @philipclarkson5910 Před rokem

      I was skeptical at first until I decided to try. It's huge returns is awesome! I can't say much.

    • @arthurwilson7785
      @arthurwilson7785 Před rokem

      < *investwithchristi* >

  • @travelpk2224
    @travelpk2224 Před rokem

    LEGACY.
    Well done Alux.
    I took notes and shared

  • @alexanderkingston1397
    @alexanderkingston1397 Před 10 měsíci

    Legacy... Listening to your Courses gives me a renew interest to my Focus in Life always. Thanks ❤

  • @mr.fluffythepekingese2737
    @mr.fluffythepekingese2737 Před 2 lety +13

    I’m so glad you made a video that last 30 minutes, there’s more valuable information we can take from, thank you Alux for the work you do!

  • @samadeniji
    @samadeniji Před 2 lety +4

    I have to watch this over and over until it sticks. This might be the best Alux video yet.

  • @egysehs8849
    @egysehs8849 Před rokem

    Thank you for sharing. such an accurate and valuable video.

  • @aayushirathi7176
    @aayushirathi7176 Před rokem +2

    LEGACY
    Aluxer from India😊💝. I am turning 20 this year and gaining such wonderful knowledge feels great.

  • @c.k2778
    @c.k2778 Před 2 lety +5

    This's a great time to stay invested. Even as the crypto market appears to be crashing or at least going through a major correction. The best strategy to make good returns now is by *dollar-cost averaging.* Over the years l invested in several real estates lately discovered Crypto and it has been the best part (NFT sales are in the billions, a near ~38,000% increase)

    • @theodorerossi7998
      @theodorerossi7998 Před 2 lety +1

      You're right. That's an excellent strategy for first-time investors looking to enter the market during times of uncertainty. If I could advise anyone, just stay invested~

    • @c.k2778
      @c.k2778 Před 2 lety

      @Gaby Trumbull Generally, investing requires skills and higher knowledge. For this reason, It's important to seek the help of an investment consultant to guide you. I operate with (Genevieve Glen Rogers) an who partners with an investment firm. For the record, the experience has been the best for my finance.
      You can make quick internet research with her name mentioned and get in touch with her

    • @precious5605
      @precious5605 Před 2 lety

      Genevieve is the best in this space, I'm happy to come across these recommendations. I have worked with her and I can testify to her servi¢es. I am impressed with the thoroughness and professionalism of the investment diligence packages she provides, and the return in all cases has been very positive with returns sometimes exceeding the initial plans

  • @gabrieljosephkoomson7919
    @gabrieljosephkoomson7919 Před 2 lety +11

    As much as I want my children to enjoy the Generational wealth I will leave behind, I would also want them to walk their own God Given path so they can add to the family wealth. #LEGACY

  • @rhenusakeru1099
    @rhenusakeru1099 Před 2 lety

    LEGACY!...this has been really helpful

  • @GuyDike
    @GuyDike Před 2 lety

    Legacy! Thanks for the knowledge.👍🏿

  • @gideonkok2071
    @gideonkok2071 Před 2 lety +3

    I love this video, especially the comment about your children having a better start in life. That is my mantra and my goal for my children, because if we can't have them start on a higher level than ourselves, then the same vicious cycle of life will continue for generations.

  • @innocentDumisaniMsimango
    @innocentDumisaniMsimango Před 2 lety +20

    alux you are teaching me things that are very important, things I did not learn in high school and university.

  • @StreetzCultureTV
    @StreetzCultureTV Před rokem

    Gotta love Alux.....that intro was epic👁😆👁

  • @ShayDorree
    @ShayDorree Před rokem +1

    I know for me personally I’m trying to build it and maintain it so . My kids will be working for me and their kids will be working for me and so on . And im soooo dead serious . They WILL UNDERSTAND values and morals over seeking acceptance and validation by what they have , build character not just generational wealth

  • @virgnthermostat5928
    @virgnthermostat5928 Před 2 lety +3

    Literally IF's, "higher education" and luck. Lots of luck... The problem here is you have to have money to make money... and not just a small portion of money. Borrowing money requires either capital or having assets that are weighed against it. If you have no money or no assets, you have no borrowing power.

  • @erichkraetz2622
    @erichkraetz2622 Před rokem +6

    Once you discover you can make $1,000+ from dividends each month without having to go to work, your view towards life changes drastically

    • @kimyoung8414
      @kimyoung8414 Před rokem +2

      Once you discover passive income from any source (dividends, interest, staking, etc.) it all changes!

    • @joesphcu8975
      @joesphcu8975 Před rokem +1

      @@alexyoung3126 How can one find a resourceful FA, I buy the idea of employing their services, its a shame market crashes as of late have become a sort of habit for stocks

    • @lawerencemiller9720
      @lawerencemiller9720 Před rokem +1

      So you are making $12k a year before taxes without working

  • @baylusnicholson5067
    @baylusnicholson5067 Před 2 lety

    Do you have any book suggestions on generational wealth?

  • @ugonnemonemeh2048
    @ugonnemonemeh2048 Před 2 lety +1

    This is so true and helpful. Thank you ALUX.

  • @thomsieloff3463
    @thomsieloff3463 Před 2 lety +10

    #LEGACY This is one of Alux's best videos ever! I spent the last 7 years learning how to build wealth and escape poverty. in 2019, I was homeless and bankrupt. As of today, I control over $2,000,000 worth of real estate and living off the cashflow. And seriously... I am just getting started. I want at least 3 more zeros... but the culmination of everything I have learned was just summed up in this video. Now pick a direction and specialize in it.

  • @trusno7751
    @trusno7751 Před 2 lety +3

    Thanks for the video as always Alux, I will be personally speaking with family members, about setting up a trust, as well as sharing this important video that you guys put together on our behalf! Firmly appreciated, we over here at T.N.E absolutely love you guys! Thanks #LEGACY

  • @luisaspiller1653
    @luisaspiller1653 Před rokem

    Some very interesting concepts Alux. I found the video very informative and great to watch. A true challenge: Generational Wealth! If Generational Wealth is done well it would be a great LEGACY.

  • @dianekelly9648
    @dianekelly9648 Před rokem

    instead of buying jewelry off the shopping channel, (huge markups)you can always buy jewelry from a pawn shop and have the stones reset into a current style of jewelry or new mount,

  • @monsterhobbiesonlinestore

    They are right about the S&P 500. I put in $500 to open the mutual fund in January 2021 and added $125 a month for 9 months, but had to pull it out in September 2021. When I pulled out my $1675, it ended up being valued at $1925. that was a great return. Now it's lower in value, but it will go up again. So get some shares while it's cheap and hang on to it!

  • @oscarkelly3378
    @oscarkelly3378 Před rokem +3

    Inflation a fault of failed monetary policies. Sunak has a lot of questions to answer.

    • @williamadams2361
      @williamadams2361 Před rokem

      Most times it amazes me greatly the way I move from an average lifestyle to earning over 63k per month, utter shock is the word. have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.

  • @bostonunmuted7830
    @bostonunmuted7830 Před 2 lety

    Legacy… thanks for another great video.

  • @Wifistaxx
    @Wifistaxx Před rokem +2

    Imagine you build generational wealth, as you’re producing multiple mini you’s and carrying on your family name, passing along your knowledge to your offsprings. Thats the goal right there

  • @warriorwolf5992
    @warriorwolf5992 Před 2 lety +3

    Legacy thanks 😊 🙏🏽 again Alux this vid is an important one P.S. good to hear the Alux lady again happy she's feeling better 👍🏾

  • @ameliaemerson2250
    @ameliaemerson2250 Před 4 měsíci +5

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

    • @thdurgdhg3329
      @thdurgdhg3329 Před 4 měsíci

      That’s a great motivation! I thought about ¢rypt0 but unsure of it. I need to do something quick. What can I do?

    • @ameliaemerson2250
      @ameliaemerson2250 Před 4 měsíci

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

    • @ameliaemerson2250
      @ameliaemerson2250 Před 4 měsíci

      You can look her up and get in touch

    • @danielwright4931
      @danielwright4931 Před 4 měsíci

      Cryptos and real estate crowdfunding are awesome lnvestment options! It's great that you're growing with Olivia.

    • @thisisourretirement963
      @thisisourretirement963 Před 4 měsíci

      Getting started can be challenging, but once you take that first step, the possibilities are endless!

  • @pmack8537
    @pmack8537 Před 2 lety

    Excellent and informative video!! Very valuable!!

  • @patrickdk4277
    @patrickdk4277 Před 2 lety

    LEGACY!!! Thank you for your work.

  • @taylorjackson7590
    @taylorjackson7590 Před 2 lety +19

    *This is the kind of world we've made for ourselves and our children, better have no enemies when the light goes out, due to the economic criss, wars and rate of unemployment I think now is the best time to invest and make more money for the future.*

    • @semesterjoe6820
      @semesterjoe6820 Před 2 lety

      🇺🇦 i m from Ukraine investing now will be a very wise choiceto secure abetter future for my family God help us.

    • @bellachris1285
      @bellachris1285 Před 2 lety

      Investing today is priceless because tomorrow isn't promised, trading Bitcoin gold, sliver and crypto to secure a better tomorrow

    • @adamsani3534
      @adamsani3534 Před 2 lety

      Its nice for people to talk about investment because investment always beats cash

    • @change3329
      @change3329 Před 2 lety

      I understand that tomorrow isn't promised to anyone but investing today is a hard thing to do because I have no idea of how or where to invest.

    • @ddes2948
      @ddes2948 Před 2 lety

      good to see how you are busy came up here to show keen appreciation to Mrs Mary this is how I got a recommendation her At first i was a bit scared.

  • @JoMaigemu
    @JoMaigemu Před 2 lety

    Alex took a shot at me when they said "the average Joe" lmaooooo

  • @athleticandre26
    @athleticandre26 Před 2 lety +1

    This was a very helpful video! One of the most helpful I’ve watched. Thank you Alux for your guidance!

  • @mcmaschio
    @mcmaschio Před 2 lety +7

    Those statistics woke me up 😝.. as always amazing advice alux … you guys thought me about building my buisness , investing and content creation ❤️💯🔥

    • @alux
      @alux  Před 2 lety +1

      Numbers don't like! At least now you know what numbers you have to beat!

  • @Thesophisticatedinvestor
    @Thesophisticatedinvestor Před 2 lety +18

    Leaving a legacy is no easy task, but I’m up for the challenge. Thanks Alux!

  • @manolin.6597
    @manolin.6597 Před rokem +1

    This video is a gem (even though you're not into precious stones... 🤭), thank you very much.

  • @willsmary9914
    @willsmary9914 Před rokem

    It is also possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market than to the cost of proper diversification.

  • @IsabellaLisa-vz3jz
    @IsabellaLisa-vz3jz Před 7 dny +3

    You make an excellent case! . I’ll add 1 more point… Seeing my monthly dividend income grow is EXTREMELY motivating to continue investing . Buying growth makes sense intellectually, but during a bear market, watching my growth portfolio shrink…the motivation isn’t as high as it is for dividend investing. A lot of this is psychological!

    • @KcZyro
      @KcZyro Před 7 dny

      It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.

    • @KbcFoundation-un3re
      @KbcFoundation-un3re Před 7 dny

      that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+

    • @user-yu5mh8pf4q
      @user-yu5mh8pf4q Před 7 dny

      How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings

    • @KbcFoundation-un3re
      @KbcFoundation-un3re Před 7 dny

      WHITNEY KAY STACY is the licensed fiduciary I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @user-yu5mh8pf4q
      @user-yu5mh8pf4q Před 7 dny

      I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.

  • @shawnp819
    @shawnp819 Před 2 lety +8

    I’m 20yrs. Turning 21 this year in summer nd I’m just happy I’m part of the alum community 💪🏽❤️

  • @laughingnuke
    @laughingnuke Před rokem

    LEGACY 🔱💲🔱. Thank you Alux!!!