IS YOUR MONEY WORKING FOR YOU ? | Wallstreet Trapper (Trappin Tuesday's)
Trappin Tuesday's
Wallstreet Looks Like Us Now Network
4.9 • 2K Ratings
🗓️ 16 August 2023
⏱️ 17 minutes
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Summary
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| 0:00.0 | I want people to understand this formula how I go. You have to invest more than you say because |
| 0:20.2 | you already know saving money and don't do nothing but lose money. |
| 0:24.0 | You have to save more than you spend because I rather you save it than spend it at least you can save |
| 0:27.5 | it to invest. |
| 0:28.5 | I want you to understand that your money has to work harder than you if you working for your money because if you |
| 0:33.3 | out work your money you're going to wear out before your money do. You're going to get |
| 0:36.3 | fatigue before your money do. After you work 10 or 12 hours you tie but your money don't |
| 0:40.2 | never need a break. The difference is you can't you become financially exhausted |
| 0:45.5 | because you work hard for your money and you spend your money as hard as you work for it. |
| 0:51.5 | Oh man that was good. Salaries all created at work. |
| 0:55.0 | But wealth is created at home. |
| 1:00.0 | Here's why that's important. |
| 1:02.0 | Your job should be your biggest... Here's why that's important. |
| 1:07.0 | Your job should be your biggest source to build in your wealth. 100%, we won't disagree with that. |
| 1:09.0 | But once you make the money, the next thing is how much of my money going to work for me? |
| 1:13.8 | What asset class can I put my money in? |
| 1:16.2 | How can I structure the portfolio the right way? |
| 1:18.8 | How do I put my money? |
| 1:20.0 | How do I, what is my ROIC? What does my return on invested capital? Capital is simple money |
| 1:27.2 | that you use to invest. How good am I at turning $1 into 10. |
| 1:34.3 | How good in my eye at that. |
| 1:36.6 | Let's go a little further. |
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