Hello Aluxers! What's your plan for all the money coming your way? Skip the waitlist and invest in art like the rich: www.masterworks.art/alux Time to get serious about your life: www.alux.com/app
@stevenporter863
Жыл бұрын
The best things don't need to advertise so much because they sell themselves. Makes the Alux app look cheap if you keep pushing it - like a used car salesman.
@greekre
Жыл бұрын
did you just say, dont tell your spouse???? you must be american
@marydecouvertes3789
Жыл бұрын
I take this opportunity to urge you to produce an episode on Markus Notch Persson. It's crazy that you still haven't.
@stevenporter863
Жыл бұрын
@@marydecouvertes3789 Who? The video game guy?
@marydecouvertes3789
Жыл бұрын
@@stevenporter863 The creator of Minecraft, yes.
@MarvishaN
5 ай бұрын
This is GOLD. No one is coming to save you, bitter truth. Do away with procrastination. If you take your life seriously, you will see a permanent improvement. I started and learnt consistency at 32, wasn't easy to inspire myself guys, but today I have over $3 million in my retirement savings at 40 after buying some shares.
@tommyers0
5 ай бұрын
Congrats on the win man! I am on the same path and It's not even that hard to do. Too rigorous for newbies, maybe, but thats why its advisable to consuIt with good a market strategst.
@georgeh.5126
5 ай бұрын
Agreed. I deal with an investment advisor for this reason. I currently have over $880k invested in a diversified portfolio that has grown exponentially and is suitable for all market seasons. Our current project for this year is a more concrete ballpark target. Personal best so far.
@debwes1
5 ай бұрын
@georgreh Please Who is the advsor? Hope you dont mind
@georgeh.5126
5 ай бұрын
’Amber Russell Bennett' is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
@debwes1
5 ай бұрын
I will give this a look, thanks a bunch for sharing.
@Nernst96
Жыл бұрын
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
@Dannyholt33
Жыл бұрын
I diversified my 62K portfolio across multiple market with the aid of same Investment-Adviser & I have been able to generate over 356k in net profit across high dividend yield stocks, ETF and bonds in few months.
@sattler96
Жыл бұрын
@@Dannyholt33 That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
@Dannyholt33
Жыл бұрын
My Financial adviser is ‘’Colleen Rose Mccaffery’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@sattler96
Жыл бұрын
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
@thatundeadlegacy2985
11 ай бұрын
Investments arent taught in school because investments are gambling and normal people shouldnt do it. they should teach them how to save.
@watsonkashala99
Жыл бұрын
00:00 - Intro 00:46 - Don’t tell a soul! 01:35 - Get rid of high interest debt immediately! 02:10 - Max out your retirement 02:49 - Instead of paying off your house: 75% of it should go towards rental properties 03:42 - Instead of going on holiday: 10% to alternative investments with proven track record 05:20 - Get an accountant or tax advisor to make sure everything is by the book 05:59 -Don’t screw around - now you have something to lose 06:44 - Control your spending urges 07:51 - Consider inflation and adjust for it 08:40 - You gotta get smart about money 10:10 - Consider the lifetime cost of ownership for the things you buy 11:44 - Do not give away parts of the principal to your family or friends 12:42 - Do not give away a portion of it to charity 14:20 - Move the money out of the country 15:14 - Develop a vision for the rest of your life
@BayaniMagtanggol
Жыл бұрын
You forgot one most important thing: invest in your health. You now have all the money to spend to live longer than you would ever dream of!
@romesantana8960
10 ай бұрын
Exactly that the first thing
@lisak663
9 ай бұрын
want to chat about it? want to earn more, help others with top notch Superfood combos, leaders, and comp plan?
@BobHolyoake
8 ай бұрын
90 essential nutrients is needed for long life, money isnt alone isnt gonna give you long life.. billionaire dont live any longer them most people.
@azmike3572
Жыл бұрын
#16: If you win big and you're single, STAY SINGLE!!
@antoniobrasse7157
Жыл бұрын
CPA here 👋 if you want proper proactive tax planning, it will cost you 2k a month not 2k for the year. If you do come into wealth, especially if you're a US person, you need to create a tax exempt private foundation, an onshore trust and offshore trust. If you know you're coming into money soon, get those trusts set up asap first and where possible whereever the money is coming from, try to have them pay in the name of the trusts. If the money is coming from overseas, you have your offshore trust take the income so you've created a tax deferred situation. Overall the trusts and private foundations generally help you with asset protection from civil suits. I just gave a ton of high level advice for free that would cost you tens of thousands of dollars at least.
@sarahreneesmith7023
Жыл бұрын
🙌🏼🙌🏼🙌🏼
@BGL333
Жыл бұрын
Thank you for this. What would you say is the lowest dollar amount of windfall needed to prepare as you described? For instance, are the trust(s) and private foundation needed for 250K, or 500K, or is this more appropriate for 2-3 million and higher?
@antoniobrasse7157
Жыл бұрын
@@BGL333 you're welcome. I would say if you're fairly certain that you're going to generate millions or more over time and starting in the near future, I'd say once you bank 250k to 500k that you don't have any immediate needs for, that might be a good time to start looking into it with the right attorneys around both private foundation and the trusts.
@djjohnnyparis5183
Жыл бұрын
I can't fathom giving someone else distinctive rights to my money. Setting up a trusts feels / seems risky to me. Remember that "Lottery Lawyer" guy? He's in jail!! Their trust of him setting up trusts for their lottery wins was a scam, and he was given the legal rights to maneuver their money how he saw fit. Yeah, right into his own pockets and his mob friends pockets. My guard is always up regarding other people having a say of how my money is handled / invested.
@umhlangatv1567
Жыл бұрын
Thank you. Well appreciated.
@ericwilde4583
Жыл бұрын
getting into Investing to create a passive income should be priority of every financially literate person...I made my first million from having a secured diversified portfolio that spread across stocks, grade bonds, coins and etfs.. ever grateful to Susan Kay Mack my CFA handling my portfolio. smart investing is key
@robertthurmond8161
Жыл бұрын
The stock market controls a huge part of my passive income portfolio, I invest big and my profits come even bigger
@donaldlocher2537
Жыл бұрын
I did read about Susan Kay Mack on the web., quite a great resume she has
@harleycartley3138
Жыл бұрын
I also think that we salary earners need to realize that monthly income will not make you rich.
@harrisahmed3066
Жыл бұрын
Did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply.
@RelaxedRevitalized
Жыл бұрын
Dog
@lunchbox6576
Жыл бұрын
I gained the most wealth not by acquiring more, but realizing that I could be happy with less. - Marcus Aurelius.
@karrykae3010
Жыл бұрын
Dog! 😂 If $500k fell into my lap, not a soul would know. Stealth wealth is absolutely where its at! Thank the non existing deity that Alux is able and willing to put helpful information out there!
@linamaidgardens3361
Жыл бұрын
Dog
@anitapauline651
Жыл бұрын
Smart investments and savings....are good ways to sustain wealth....there are high rising stocks to buy and having a good financial advisor is a good way to follow up....got myself a house earlier this year after quitting my job last 2 years..thanks to martin Alex tarlor
@SteveJim-pg3fv
Жыл бұрын
Wow that is huge, how did u go about it?
@anitapauline651
Жыл бұрын
@@SteveJim-pg3fv just Google Alex martin tarlor' page online and contact them from there.
@gwencaveman8851
Жыл бұрын
Yes I know him .Alex surely knows the job, I and my neighbor so far have made huge in returns. He is a good financial advisor
@bujubantomn8038
Жыл бұрын
@@anitapauline651 ok I have done that. Thanks
@Jholmesballa016
Жыл бұрын
I’ve had the app since day 1. I feel more inspired by your KZitem vids than the content on the app. Sincerely future billionaire
@Jholmesballa016
Жыл бұрын
But nevertheless the content on the app is very essential and worth the price
@stevierayripple
Жыл бұрын
Buy physical Gold and Silver...... I can't believe that wasn't said ????
@andreajueal8243
Жыл бұрын
Dog, Most people venture into crypto to be wealthy,meanwhile I just want to be debt free.
@tobytaylor4051
Жыл бұрын
Talking about been successful. I know I am blessed if not I wouldn't have met someone is as spectacular as Anna S Wilson
@tobytaylor4051
Жыл бұрын
She has helped me recovered a lot from the time I have trading with her
@leahmolly9150
Жыл бұрын
Yes I'm a living testimony of Anna S Wilson, her platform has also done a great thing for me
@claresmithy4667
Жыл бұрын
Anna s Wilson successful stories are everywhere, all over the place
@stevewilliams760
Жыл бұрын
I met Anna wilson at a conference meeting here in Singapore.
@carlomalabanan
Жыл бұрын
Addition to charity giving - If you are rich and have a plan not to give 100% of your inheritance to your children but instead give them to charity, I would say that is highly absurb and selfish. Your children should be entitled to your full inheritance as much as possible, and if you have trust issues with your children I would say that is your fault on not teaching them the right way of discipline since you forget that your children, starting from the beginning of their birth, are YOUR RESPONSIBILITY AS A PARENT!
@robbentodd6824
Жыл бұрын
Dog, that was some of the best financial advice I’ve heard. Back when I was poor I listened to an Econ teacher from the U of M. I followed some of his advice and invested pretty aggressively for over 20 years. Best plan ever!
@BloodySoup74
Жыл бұрын
Minnesota or Michigan?
@robbentodd6824
11 ай бұрын
Minnesota. He had a video series with his students on cable access.
@shawncook7656
Жыл бұрын
Spanish proverb, two things cannot be hidden, great sorrow and great wealth.
@ssumrall70
Жыл бұрын
Charity donations can be a tax write off so that can be a better use of it than it going to the government.
@anitamccarthy3027
Жыл бұрын
Getting rich is easy if you understand the little basics involved, and one of the simple basics is getting multiple income streams. I'm rich today because I was involved in different income streams like real estate, stocks, crypto and more.
@michellehenderson1144
Жыл бұрын
Very interesting, I don't have any knowledge on these please, I'm thinking of investing on Bitcoin but i need a professional to guild me through on it so i will start
@peterjamie786
Жыл бұрын
Search her full name Frieda-Ann-Ellis You will find her on google
@bacraymutafela7323
Жыл бұрын
Working with specialists like Frieda_Ann_Ellis in any pitch will likely result in improvements and profits.
@georgevalentin77
Жыл бұрын
Dogg❤ ! Priceless insights ,and btw something screamed in me when I heard "don't give your money to charity "😂 I was like ,yessss finally! Cause i've also seen it all my life as not being a solution to poverty .So it was very releaving to know I am not the only one that thinks that way,Thank you Alux!
@Incab
Жыл бұрын
With interest rates right now just put it in a 1 year cd at 5%. Gives you time to plan and takes it out of your hands to do something stupid with.
@fephoenix9208
Жыл бұрын
DOG appreciate the info much-needed advice for when I actually experience getting a windfall.
@Charlie101Ventures
Жыл бұрын
DOG!!! Here comes Financial freedom!! 🙌 🎉
@jaylewis9876
Жыл бұрын
Great point about chairity! 15% gets to the end need so no wonder all these problems never go away! Give directly to the need and its 667% more effective. Not mentioned is this also feels better than writing a check to a faceless non profit. Much more time consuming but maybe at that point your time is better spent on this than grinding for more wealth
@wilfredmacdonald8245
Жыл бұрын
Great advice, never tell people things they don't need to know. Where the money and investments are will only incite greed. Too many weathy people have been defrauded by people who proported to be financial experts. The thing that I love abought wealth is the freedom to come and go as I please when I want to. To never have to worry about a car problem or an appliance problem. Learn to be your own money manager and stay away from the Bernie Madoffs of this world.
@thelookout7084
Жыл бұрын
Thank you for sharing. But more than anything, I want to thank Mr. Dan Price for his strategies that led me out of the poverty swamp.
@kevinallary4241
Жыл бұрын
Wow, I am surprised that you mentioned and recommended Dan Price, he is very skillful in trading. I recommend trading based on his help.
@lucianoyt4631
Жыл бұрын
I have heard a lot of stories about Mr. Dan Price's investments, how good he is and how he continues to change the lives of his clients around the world.
@ShaneFulton-zw6yk
Жыл бұрын
I thought I was the only one who knew him, but now it seems that his good reputation has made it possible for me to meet him here as well.
@HiramLarson
Жыл бұрын
Since I invested $7,000 with Mr. Price, I now have $29,450 in my portfolio and the returns continue to grow. I honestly want to quit my job and focus more on his trading.
@RilanOrtega
Жыл бұрын
May I ask how I can maximize the benefits of my trading?
@justamom4902
Жыл бұрын
Exactly!!! As soon as people find out you have money, they set about trying to get your money. The best advice I can pass on is before you send any of it, categorize it. Make a budget and even your extra money, or your spending money, give it a job so if anyone asks for money, you don't have any for that. And stay away from credit cards and loans. Only use a trusted bank for a loan if necessary and, if you can, have the cash but take a loan out again cash to still get the dividends. And when buying things like cars or homes, don't forget to take into consideration all the expenses it's going to cost; utilities, insurance, taxes. I think that's where most lottery winners go wrong, they want the big house and expensive cars, but forget to figure in all the bills that come with it.
@mattkayem1554
Жыл бұрын
Oh, did I just hear you built a school in Uganda? Would love to know where this school is as I'm from Uganda, I live in Kampala, huge fan of your content, keep it coming
@monahengmakhetha1824
Жыл бұрын
I really like what you have done in Uganda, I live in South Africa but I am from the Kingdom of Lesotho and I think there are valuable use cases for assistance in my native Lesotho. To your point I don't belive in entrusting funds to politicians and other people who may divert funds...
@rhapzodyb
11 ай бұрын
You're Not Wrong!
@cellcat
Жыл бұрын
Please do a video on the mechanics of creating AND managing a Life Vision … and not just a discussion of this concept. Seriously, if this is a common thing that the wealthy are known to do, then there are physical actions occurring. So what are these actions, the tools used, who provides the various services, and how often do we work on the management of the Life Vision? Thank you in advance for helping us learn about these important financial tasks. 🙂
@mariemac5347
Жыл бұрын
I’m praying for sudden wealth 😂🎉
@becomebillionaire
Жыл бұрын
Get Married to millionaire
@lunavodacoaching
Жыл бұрын
Excellent points! I completely agree about the importance of investing in rental properties, keeping your assets private, investing in art and starting your own charity or covering the invoices yourself to make sure the donations are directly deployed by the recipient.
@1cut1
Жыл бұрын
In the UK isn’t it 40% capital gains. And what if we are in a price bubble?
@hermadnessmedia2544
Жыл бұрын
My problem is the urge to share the good news knowing it's a bad idea. Hopefully when I do come into money I'll be able to keep quiet.
@kingmaafa120
Жыл бұрын
Trust me it’s a good idea😅
@jethrocoeiii1501
Жыл бұрын
Thank you Alux!! Loving your journey🙌🏾💯
@bebotagbayani8869
Жыл бұрын
DOG❤
@qudis7950
Жыл бұрын
when i came into money i changed my mindset not my clothing, car or lifestyle i carried on with the appearance of trying to make ends meet know bothered me for anything and mentally i developed financial wisdom and peace.
@jonnovember2136
Жыл бұрын
I had money from my extremely cheap family members is highly unlikely🤡... I don't have money to splurge😔... I just can't keep up with the Tondses!🎉 CAT🦄
@purplemashine9122
Жыл бұрын
Don't SUDDENLY dress more "RICH" and or buy a Ferrari, Lambo,etc. Low key is the key to be free!
@AdrianMark
Жыл бұрын
Man, Alux has become really pushy hasn't it? I remember when it was just good info, no bad deals.
@Gdrtffd
Жыл бұрын
The most important thing that should be on everyone's mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the world. This is still a good time to invest in various stocks, Gold, silver and digital currencies. I never imagined that a few thousand dollars per month would add up. However, it is. I've made around $600,000 since 2020.
@shelbynamels973
8 ай бұрын
@sandrabeckham602 Linda Perez Lewis is a charlatan and a grifter who doesn't know her elbow from a hole in the ground. Prove me wrong !!
@FunNHonesty
Жыл бұрын
Thanks. I just found 3 nickels in my couch. This video taught me how to manage my new found wealth.
@basilmousa1517
Жыл бұрын
DOG, another amazing video by the amazing Alux team, love u guys 🎉
@lizzrussell7
Жыл бұрын
This was an excellent video. I enjoy all of your advice thank you for pouring into your viewers and listeners.. dog
@sarahreneesmith7023
Жыл бұрын
Dog! I work at an estate planning law firm in the Wealth Strategies Department so I have some experience in planning for sudden financial windfalls… I have a couple comments respectfully, this is not legal advice, just my experience from my time working in this space: First things first, the best way to plan to safeguard for financial windfall is to PLAN AHEAD of your monetization event.. much more can be done ahead than can be done after the fact 1) Find a law firm that does this kind of planning 2) Yes, while having bad debt is inherently “not good” it’s not always best for clients to pay off “bad debt” if they have a low enough interest rate because the money is cheap. It makes more sense to keep the cheap debt and use the cash they would have spent paying it off to acquire more assets (every case is unique) 3) We’ve never recommended our clients max out their retirements, ever When you’re dealing with higher net worth individuals, they’re likely in the highest tax bracket, meaning you’re advising that they stash money into an account that 50% will end up going to the IRS in the end and that’s not the goal. We utilize cash value life insurance as a retirement supplement to avoid this 4) paying off house - same as above, if it’s cheap debt purchase more assets 5) Our firm ensures all high net worth clients have a close advisor relationship to manage to investments 6) same with a CPA / accountant - ensuring everything is by the book ensures that all tax advantages for various entities remain in tact 7) We utilize a variety of trusts and entities to ensure money remains safeguarded and passes from generation to generation & a number of them have a charitable component, it’s not about “not giving away to charity” it’s about how we can maximize the benefits of charitable giving for both parties 8) the majority of our clients have estate taxes to worry about on top of cap gains taxes or income taxes from a monetization event - sometimes the best strategy does include gifting to relatives utilizing various trusts but we include guardrails to protect those relatives from themselves Lastly, vision is the most important factor 🙌🏼 completely agree Again, not legal advice, but if you’re reading this and you have a windfall coming, seek professional help 🙏🏼 God Bless Alux, thank you for all you do
@gammi6297
Жыл бұрын
DOG! Thanks for this good advise, and when I get my Millions this advise will surely help 😊
@henrydeejoejr.915
Жыл бұрын
Great content as always. Thanks again, and keep inspiring us to do more. The bonus was just magnificent 👌
@rajumalla6790
Жыл бұрын
Your videos are always useful and motivating. This video is a particularly useful. Thank you very much.
@lastmanlost
9 ай бұрын
Usually you are right on with your advice but buying rental property, once you have made it, it is not sound advice (been in that for almost 40 years and finally done). The amount of risk vs reward is just not there anymore. You will say someone can manage it for you or you can get insurance, this still puts you at risk and then there are LLC's, these can limit your risks but not completely. You might say commercial is the way to go with their triple nets on some but there you have market risks, just ask anyone in SF.
@miguelgonzalez6213
Жыл бұрын
#4 I think Kiyosaki says this all the time. "Put your money into something that will make you money." Not sure who I heard it from, but remember a quote that if you want something, take a look at what it costs and invest in something that will pay you back that amount. This way, it is a recurring passive income and not a one-time expenditure. Plus, you set yourself up for potential tax breaks and write-offs down the road.
@mymixdayofficial1267
Жыл бұрын
I definitely bought a rental property first 😊
@carmenwright7369
Жыл бұрын
DOG…thanks for speaking on giving to charities…people think they are doing something good. Actually they are just making someone else richer. Be a part of the charity so you can make sure the money given goes to those in need…not those in GREED💯.
@jensfischer2065
Жыл бұрын
Get yourself educated regarding investments. Under no circumstances walk to any bank to manage your money. At the bank, you will see it decreasing, making you poor.
@javaidak4204
Жыл бұрын
Quite relevant and makes sense according to ones own situation ❤
@beverlyj.grevious783
Жыл бұрын
D O G Take care of my health problems and medical needs. Any perceived cosmetic or vanity needs. Get, for myself, the best health insurance. Get best dental treatment and international medical insurance.
@rethinkrich
Жыл бұрын
Wealth is silent!
@luckyloonie1359
2 ай бұрын
I love a bottom less wallet!😂 5:55 If you bank with #MeridianCU💳 then your assets are safer and better interest rates than most big banks🇨🇦! 🌎💘💰
@stevenporter863
Жыл бұрын
Alux keeps pushing their app. The best things don't need to advertise so much because they sell themselves.
@JFDSmit-rm6tw
10 ай бұрын
Not paying off the house may work for some. Knowing that every month hundreds to thousands of people lose their homes, I think that's the one piece of advice I will rather skip.
@l.yannickd.1035
Жыл бұрын
So many gems as always, I am DAWG-minded when it come to digging them out 🐶
@terrencemoore3075
Жыл бұрын
500000 ? Put some in T-Bills and upgrade my transportation . Live off of interest .
@supermichaelssecondchannel4342
Жыл бұрын
¡No decir un alma!
@kkrobertson1
Жыл бұрын
Thought this was just another one of those...you know videos! But the advice in this video is solid!!! Was not expecting it to be this informative, straight forward and HONEST!
@tousantennis2130
9 ай бұрын
The bearable bull sent me here
@dazzleheights
Жыл бұрын
OMG OMG OMG This is exactly what i'm going through ALUX
@Vijayvijay-uu9kp
Жыл бұрын
1. Don't tell a soul 2. Get rid of High interest debt immediately 3. Max out your retirement 4. Instead of paying off your house, 70% of it should go towards rental property 5. Instead of going on holiday. 10% to alternative investments with proven track record 6. Get an accountant or tax advisor to make sure everything is by the book 7. Don't screw around - now you have something to lose 8. Control your spending urges 9. Consider inflation and adjust for it 10. You gotta get smart about money 11. Consider the lifetime cost of ownership for the things you buy 12. Don't give away parts of the principal to your family or friends 13. Don't give away a portion of it to Charity 14. Move the money out of the country 15. Develop a vision for the rest of your life
@johnhumphrey9953
Жыл бұрын
all that art will do you just great when hyperinflation arrives and no one wants it.
@relaxcalmdownandchill9281
Жыл бұрын
PAY THEM TAXES OFF FIRST. THANK GOD AND GIVE HIM HIS.
@peterbradshaw8018
Жыл бұрын
Take the SIE course by FINRA Securities Industry Essentials. Read economic history. Get the Enrolled Agents reading list for the exams and read them. Do the CFE lay mans course.
@tricara
Жыл бұрын
DOG. Thank you for this great advice.
@eliinthewolverinestate6729
Жыл бұрын
First thing know the difference between money and currencies. Money is a store of value. Currencies loose value over time. Saving currencies is like using a leaking gas can. Clearly something the people at Alux haven't learned. The dollar has lost 50% of its value in 30 years. How much will your retirement loose and cost of living increase? Second thing get rid of debt. Third get rid of bills. Fourth learn to live cheap. Maybe buy or build a passive solar house to get rid of utility bills. Look for stores of value. If you have skills the tools to go with those skills can be a store of value. Some invest in art. But entertainment is first thing people cut out of a budget. We all need water, food, shelter, first aid/medication, means of defense, and a plan. Looking to retire at 50 or sooner. Move out of currencies and into money. If you don't hold it you don't own it. I don't do rentals it's less headache to flip. Only paying once to have them fixed up and not paying taxes and up keep. I have recently got 2 rentals fixed up for landlords. One to sell. About to fix up another that failed bank appraisal. I make more off other peoples rentals than they do.
@joshuamclellan1736
Жыл бұрын
DOG, this is great advice and I will make it to the point of needing it!
@ebonylewis1680
Жыл бұрын
That would be amazing $500,000. I would pay my Tithe, payoff debts, Save, and invest. 🎉
@doroth215
Жыл бұрын
The part of not giving out money ( of course a one time donation) to charities confuses me. She said because they use it to pay staffs and take care of other of things and then only 15% of the money goes to let's say the Orphanage children they caring for. Wait a moment, aren't they supposed to pay the staffs caring for the orphanage children or those staffs maintaining the Facilities? Of course we want the money to go straight to the children in need, but it's the staffs that are making sure that those children are clean, healthy and being fed meal every single day. They ought to be paid so they can also take care of their families and pay their own bills. People working for charities doesn't earn that much.
@AdamGordon1
Жыл бұрын
You can't do an awful lot with $500,000.
@TheSastrikal
Жыл бұрын
Total cost ownership
@livinglifesosoft3344
Жыл бұрын
DOG. I would sit down and re watch this video and take every applicable step to spend my money wisely.
@Ronnievega39
Жыл бұрын
It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
@shelbynamels973
8 ай бұрын
Good recommendation as basic advice. Beyond that, there are a lot of qualifications, and different ways to save, depending on your specific situation.
@GzUpT1000
Жыл бұрын
Dog!! Eye am wealthy 🌞😎💯🍾
@richardb4787
Жыл бұрын
Billionaires create "foundations". And it's not out of the goodness of their hearts.
@MCallsen
11 ай бұрын
Lost me at Jordan Peterson -.-
@Jholmesballa016
Жыл бұрын
Im an Aluxer at heart. I just need the investment plays to execute
@linuxman0
Жыл бұрын
DOG. I would invest $500,000 in a dividend stock portfolio, bonds and maybe precious metals.
@JelloRolls53
Жыл бұрын
Great list of things to do. Love the channel and looking forward to the app. 🐕Dog
@lubasi1888
Жыл бұрын
DOG appreciate the video🤝
@PrashantMSangson
Жыл бұрын
DOG
@clementifangblog8583
Жыл бұрын
Thanks so much for sharing,I really appreciate your good job,if found that money 🤑🤑 I will really invest in Real Estate majorly
@ewjomega2596
9 ай бұрын
Dog
@TheBuldog2000
Жыл бұрын
Dog😊
@rhapzodyb
11 ай бұрын
DOG
@waskerbasket9601
Жыл бұрын
DOG
@romariode-7601
Жыл бұрын
Dog❤
@Quintessence.
Жыл бұрын
DOG
@corneliusantoine8920
Жыл бұрын
DOG
@siyandabuthelezi7075
Жыл бұрын
DOG! Very inspiring❤
@gregsantos9731
Жыл бұрын
DOG . . . Thanks Alux. ☝️😊. What would i do to my upcoming windfall? Well of course i would fallow majority of your advice. But that $500K ? Im not sure if that figures are right, maybe a little more than that is what i need, But for sure I got to be rich. Thanks again. By the way. DOG again. 😊
@TheSastrikal
Жыл бұрын
Give advice to others and follow yourself...
@IT-28
Жыл бұрын
DOG - $500k in today’s economy isn’t really “that much” money but I’d use most of it as a down payment for a Commercial Investment property. Might not be the same around the world, but the commercial market in Australia is still doing relatively well and still provides much stronger cash flow than residential.
@MirandaN407
Жыл бұрын
If it's not that much then give it away and you’d find out very quickly how much it is
@TheDukeofDisaster
8 ай бұрын
DOGGY DOG! This is so important because i personally lost a bunch of money by not knowing these rules and assuming things would work. I hope EVERYONE who gets some money in their pocket watches this
@MelBlossom
Жыл бұрын
My dogs and I deeply disagree with you. I had to apologize and explain I'm trying to learn how to manage their money better when that line played. 😂
@jahimuddin2306
Жыл бұрын
Dog. If I got $500K, I would put it in a trust and invest the majority of it in S&P 500 ETFs, dividend ETFs, and a small portion in art. I would use some of it to start a business.
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