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The 3 Laws of Successfully Handling Wealth!
1. Live on less than you earn – Learn to live on 90% of your income.
2. Seek advice from those who are competent through their own experiences to give it – As in the story – don’t entrust a bricklayer to invest your money in jewels. If it is jewels you want, seek the advice of a jeweler. Seek out sound advice.
3. Learn to make your money work for you – We will learn more about this but if you are just starting out remember to only invest where the principal is guaranteed. In other words, only invest where you are guaranteed not to lose your initial investment.
About 156 people have at least $25 million in their Roth IRAs — each
https://www.marketwatch.com/story/about-156-people-have-at-least-25-million-in-their-roth-iras-each-11627496615
•5 Laws of Gold
1. Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family. In other words, a person should put away 10% of his or her income for the future as a bare minimum. This rule is so incredibly fundamental, yet only a small minority even bother to follow it.
2. Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field. If you invest your money well, your money will simply make more money. Again, a very simple and obvious rule, but one that many people never get to because they didn’t follow the first rule.
3. Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling. This rule encourages cautious investing, or at least encourages the investor to at least be informed. In today’s era, one can turn to the internet for plenty of investing information.
4. Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those who are skilled in its keep. This goes hand in hand with the third rule: if you invest in stuff you don’t understand, you’re likely to lose money. Don’t buy the latest hot stock from your stockbroker; investigate and invest where you want.
5. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment. The worst option is to invest in anything that promises absurdly good returns, or anything that you’re heavily pressured into buying. These investments are scams and won’t stand up to serious research.
The five rules really are all you need to know: save some money, do some research, and only invest in the fruits of that research. Anything else is a sure way to fall behind.
•7 Cures for a Lean Purse
Start thy purse to fattening Take one-tenth of what you bring in and save it for the future. The book uses a coin analogy: for every nine coins you spend, take one and put it away for yourself. This is very sensible; a goal all of us should have.
Control thy expenditures Don’t buy frivolous things even if you have enough money to pay for them. Instead, make sure that you can continue to save one-tenth of what you bring in. For this reason, I write about frugality on The Simple Dollar.
Make thy gold multiply Once you start to build up some savings, invest that money so that it will make more money for you. Another pretty clear point; if you start saving money, it shouldn’t just sit in a mattress. Even a high-yield savings account is much better than that, and it can double your principal in about fifteen years.
Guard thy treasure from loss This one is interesting: you should only invest in things where the principal is safe. In other words, the book seems to discourage stock investing. I found this to be particularly interesting given that it was written in 1927, right in the midst of the first big American stock market boom. Of course, 1929 proved the author right.
Make of thy dwelling a profitable investment One should own their own home rather than renting because then money can be invested in the home or invested in other things rather than handed over to the landlord. Something tells me that this lesson applied better before people were looking at homes that were three or four times their annual income.
Insure a future income In other words, invest for retirement and your family’s well being after your passing. You should be dropping some Hamiltons right into your retirement account if you can possibly afford it.
Increase thy ability to earn Work hard, look for opportunities, and educate yourself. Today, a college education is one of the best investments you can make; I’m not saying that it’s a requirement to be successful, but it opens the door to greater possibilities.
•How to Meet the Goddess of Good Luck
A Part Of All You Earn Is Yours To Keep This is a hard lesson for many of us to learn, as most of us are ardent consumerists who are trained to spend from earliest childhood. The truth is that we need to learn to always pay ourselves before we pay our debtors – once we do that, we’ll be on the road to financial success.
Men Of Action Are Favored By The Goddess Of Good Luck I found this principle to be quite interesting, but also quite accurate. At first, you might take it to think that people who gamble sometimes end up big winners, but that’s not what this is all about. What the rule is saying is that people who succeed are the ones that do something. Even the most conservative of investments will pay better than cash stuffed in a mattress for a rainy day. If you do something, something will happen.
Better A Little Caution Than A Great Regret On the other hand, if you push too hard, you can get burnt. Highly speculative investments can turn around and bite you hard, leaving you as if you had never invested at all. Respect your principal and it will respect you by earning well; toss it to the wolves and you may get nothing back.
We Cannot Afford To Be Without Adequate Protection Retirement savings and insurance are both vital to ensuring that major accidents don’t derail everything that we do. If you don’t have these tools, a disaster can befall you, leaving you completely helpless.
Where The Determination Is, The Way Can Be Found Don’t give up on investing just because the road is bumpy. If you keep at it, eventually you will find a path to success. This is true no matter what you’re doing – persistence pays off time and time again.
•How to get out of debt
10% to God.
10% to Self.
10% to Debt.
70% to Living Expenses
Middle Class Vs Wealthy Class
Introduction:
Summary of Middle Class vs Wealthy Class
Homes
Middle Class Do’s:
Homes
Cars
Country clubs
Good schools
Money for college
Save cash
Investment in retirement
Wealthy Class Do’s:
Don’t borrow money for college
Send kids to college to get to know powerful people, not pass
They don’t buy houses they buy businesses
They don’t save cash
They invest in companies and they do whatever it takes to get rich.
The priority is to build generational wealth
They don’t invest in retirement accounts
We finally have news that only reports on how we can make more money and retire faster, with the legacies we deserve.
https://mexitverse.com
Mexit News, a division of Antonio T Smith Jr. LLC, is quickly becoming one of the world's most respected and trusted sources for news and information because of its "no-politics" and "no fear or drama" stance. Mexit, which stands for "Middle-Class Exit" is the world's first news company that is solely dedicated to adding to the wealth of its audience. Its reach extends to 7 countries, video-on-demand services, and social media sites around the world.
#mexitnews
Daily Meeting - Personal Finance 8 - Multiply Your Money:
Law 2: If you find good employment for your money, the Universe will continuously make that money multiply.
10 Reasons To Invest Your Money
Million Dollar Idea for Sandra
We finally have news that only reports on how we can make more money and retire faster, with the legacies we deserve.
https://mexitverse.com
Mexit News, a division of Antonio T Smith Jr. LLC, is quickly becoming one of the world's most respected and trusted sources for news and information because of its "no-politics" and "no fear or drama" stance. Mexit, which stands for "Middle-Class Exit" is the world's first news company that is solely dedicated to adding to the wealth of its audience. Its reach extends to 7 countries, video-on-demand services, and social media sites around the world.
#mexitnews
Check out "A Master Class In Inflation, The Wealth Gap and Capitalism and How To Explain Them All To Your Friends" here and take notes on it after you finish listening to this amazing episode of The Secret To Success Podcast.
https://mexitverse.com/a-master-class-in-inflation-the-wealth-gap-and-capitalism-and-how-to-explain-them-all-to-your-friends/
Want all of Antonio's secrets to how he built his multi-million dollar empire? Look at the Millionaire Influencer Secrets below:
https://sharingourwealth.com/courses/millionaire-influencer-secrets/
Welcome to Week 7 of the "Think and Grow Rich" series with Antonio T. Smith, Jr.
In week seven of "Think and Grow Rich," Antonio is discussing Specialized Knowledge. Keep listening and taking notes! The more you listen, the more you will discover and/or strengthen your burning desire and understand the importance of the power of your thoughts.
If this has added value to you, please support me on Patreon as I am building my own television network to bring as many people with me as possible. https://www.patreon.com/theatsjr
🥃 MY OTHER PODCASTS ❤️
• Secret To Success: https://redcircle.com/shows/the-secre...
• Law of Attraction: https://redcircle.com/shows/secret-to...
• Overcoming Low Self-Esteem: https://redcircle.com/shows/overcomin...
• Drink, Smoke, Stocks, And Crypto: https://redcircle.com/shows/drink-smo...
• Mexit News: https://redcircle.com/shows/mexit-news
🥃 CONNECT WITH ME ❤️
Leave a comment on this video and it'll get a response. Or you can connect with me on different social platforms too:
• Instagram: http://instagram.com/theatsjr
• TikTok: @ats9696
• Facebook: http://facebook.com/theatsjr
• LinkedIn: https://www.linkedin.com/in/antoniots...
•► Subscribe to my channel here: http://bit.ly/SubPlzATS
• Twitter: http://twitter.com/theatsjr
• Medium: http://medium.com/@theatsjr
🚨 Text me on my cell at +1-409-500-1546. I respond personally. 🚨
You ask questions, I will answer. Get free products, discounts, be the first to know and more. Send in your video questions and Be featured on my platforms and podcast. #thekidfromGalveston
Step By Step Plan For Wealth Creation for 30-70-Year-Olds
1. Poll Audience
2. Create a monthly program and drive traffic to it with fantastic free products.
* Digital and Non-Digital
3. Learn How To Become A Personal Brand fast.
* Anyone 30-70 has enough experience or losses to become a personal brand. Own that.
* Do not run back to what is comfortable.
* Notes from Antonio (10 Keynotes)
* Do Not Be Parked In Reverse
* 30-70-year-olds have the most fear of anyone.
* Tell The Story of Tempestt and Fear - Thing that is only happening in your head, that keeps you frozen in the present, that will 99.99% not happen in real life.
* Pick the most passionate about – For 30 days go Facebook Live for 30 minutes to an hour. – Google for content and find 30 different topics. – This will be 30 different keynotes and/or 30 different workshops
* Give it all this away for free and push people to your monthly program.
* Real Marketing addresses these 3 things 100% of the time.
* Address these 3 things. 1.Show people your product will work for them. 2. Show them it is easy enough for them to do it and that they are just as smart as you. 3. Show them they have the resources capable of doing it.
* This is what marketing means.
4. Develop up to 5 products outside of your monthly program. This doesn’t have to be now, but very soon. These 5 products will be what you send the people to once they are in your monthly program. Don’t try to sell them before you give away the free videos or the monthly program.
5. All five products need to have 5 different prices, from least to greatest and your 5the product needs to have a big price and be your high end product. You don’t need everyone in your high end product, you only need 5% of all your traffic to join. So make the price high. If you have 1000 people see your free products a month, and your high end product is $50,000, that is 50 people paying you $250,000,000 a month from ONLY 1 PRODUCT. That is not counting your monthly program.
6. About 30% of all your traffic will join your monthly program. Which means if your monthly program is $20 a month, that will be 300 people paying you $6,000/mo. That is money for you every single month.
*
7. All your free content will act as lead magnets. A lead magnet is a piece of content that will magnetize a prospect to YOUR brand or product. If you make this free like I have suggested it will allow you to get customers for free.
8. Your Monthly Program Will Create Your Salary, Pay All Your Expenses, And Allow You To Hire People As Well
9. This Is Where You Double Down On Becoming A Personal Brand.
* Your videos are free lead generation
* If you are not the 1st person to your market, create an entirely new different category and let everyone know you are the first company in THAT category. If you are NOT first you are LAST. If you try to compete, you WILL LOSE. DO NOT COMPETE. Be first and make people compete with you.
* Do not get mad when people copy you. You need them to copy you because it will drive more people to YOUR company in the mind of the customer you will be the STANDARD.
10. Choose 1 Social Media And Then Focus On Email And Message To Market, Sell, And Establish Super Fans
11. Create Super Fans
We finally have news that only reports on how we can make more money and retire faster, with the legacies we deserve.
https://mexitverse.com
Mexit News, a division of Antonio T Smith Jr. LLC, is quickly becoming one of the world's most respected and trusted sources for news and information because of its "no-politics" and "no fear or drama" stance. Mexit, which stands for "Middle-Class Exit" is the world's first news company that is solely dedicated to adding to the wealth of its audience. Its reach extends to 7 countries, video-on-demand services, and social media sites around the world.
#mexitnews
Check out "A Master Class In Stocks, Financial Abundance and Personal Finance" here and take notes on it after you finish listening to this amazing episode of The Secret To Success Podcast.
https://mexitverse.com/a-master-class-in-stocks-financial-abundance-and-personal-finance/
Want all of Antonio's secrets to how he built his multi-million dollar empire? Look at the Millionaire Influencer Secrets below:
https://sharingourwealth.com/courses/millionaire-influencer-secrets/
Welcome to Week 6 of the "Think and Grow Rich" series with Antonio T. Smith, Jr.
In week four of "Think and Grow Rich," Antonio is discussing Auto-Suggestion. Keep listening and taking notes! The more you listen, the more you will discover and/or strengthen your burning desire and understand the importance of the power of your thoughts.
If this has added value to you, please support me on Patreon as I am building my own television network to bring as many people with me as possible. https://www.patreon.com/theatsjr
🥃 MY OTHER PODCASTS ❤️
• Secret To Success: https://redcircle.com/shows/the-secre...
• Law of Attraction: https://redcircle.com/shows/secret-to...
• Overcoming Low Self-Esteem: https://redcircle.com/shows/overcomin...
• Drink, Smoke, Stocks, And Crypto: https://redcircle.com/shows/drink-smo...
• Mexit News: https://redcircle.com/shows/mexit-news
🥃 CONNECT WITH ME ❤️
Leave a comment on this video and it'll get a response. Or you can connect with me on different social platforms too:
• Instagram: http://instagram.com/theatsjr
• TikTok: @ats9696
• Facebook: http://facebook.com/theatsjr
• LinkedIn: https://www.linkedin.com/in/antoniots...
•► Subscribe to my channel here: http://bit.ly/SubPlzATS
• Twitter: http://twitter.com/theatsjr
• Medium: http://medium.com/@theatsjr
🚨 Text me on my cell at +1-409-500-1546. I respond personally. 🚨
You ask questions, I will answer. Get free products, discounts, be the first to know and more. Send in your video questions and Be featured on my platforms and podcast. #thekidfromGalveston
Personal Finance 6: Why Savers Are Losers
Checkout Mexit News: https://mexitverse.com
Why Savers Are Losers? | Robert Kiyosaki | Success Resources
https://www.youtube.com/watch?app=desktop&v=A38lkt5Zo8M
Closing Thoughts
Money as Debt - Fractional Reserve Banking part 1 of 5
https://www.youtube.com/watch?v=KyDU4X8GSmE
401(k) Frontline
https://www.youtube.com/results?search_query=401k+frontline
We finally have news that only reports on how we can make more money and retire faster, with the legacies we deserve.
https://mexitverse.com
Mexit News, a division of Antonio T Smith Jr. LLC, is quickly becoming one of the world's most respected and trusted sources for news and information because of its "no-politics" and "no fear or drama" stance. Mexit, which stands for "Middle-Class Exit" is the world's first news company that is solely dedicated to adding to the wealth of its audience. Its reach extends to 7 countries, video-on-demand services, and social media sites around the world.
#mexitnews
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