Proverbs 13:11 Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.
@Hayashirice911
Жыл бұрын
I am coming to this conclusion as well. I'm 5 years into my career and I've been chasing money and promotions this whole time, mostly because I am trying to FIRE. I've recently come to the conclusion that for my next job, I'm willing to take a lower paying, but less stressful and "slower" job so I can have time and energy to pursue things in my life that actually matter. Love the channel!
@alexxchavez1913
Жыл бұрын
I was a poor saver and a better spender. Always relying on tomorrow for financial security. I finally had enough and forced myself to become financially literate. It was tedious and painful at first. But after hard discipline, I can say that I am now financially literate and I’m helping my significant other and family learn more of these topics. I have fully adopted the mindset of buying assets and dumping liabilities. I have started a business and will start more. Thank you for your guidance and optimism Tae! 🎉
@josephgoodwin2676
Жыл бұрын
Proverbs 21:5 The thoughts of the diligent tend only to plenteousness; but of every one that is hasty only to want.
@xmochix604
Жыл бұрын
love this.
@masqueradinglampshade4369
Жыл бұрын
If Warren Buffet's net worth was $20k when he was 21 years old in 1951, that's equivalent to the buying power of just under $226k 2022 dollars. Seriously impressive.
@lailaatallah1857
Жыл бұрын
I have no idea how you make such a slow and sane approach sound so sexy. 😂 I like how holistic, thoughtful and farsighted your approach is.
@Jasongy827
Жыл бұрын
I had the similar life story my parents lost their home due the housing market crash, both of my parents lost their buisiness shop, my dad after the economy recover he decided to open up a repair buisiness which has been booming what resulted is that my parents divorced, the economic down turn made my parents lost our home, and my sisters and I didn’t had a father to be around. Anyways, whole point now I’m older, wiser, I just want a steady pace of income I hate hustle culture I use to live in LA. Now I appreciate the steadiness, and secruity.
@iridescentpisces1986
Жыл бұрын
This concept can apply to many aspects in our lives. Never underestimate consistent baby steps. Great video.
@magnusruben9646
Жыл бұрын
Thank you for bringing a worth while philosophy to Finance-Tube. Having experienced similar family financial cataclysms in my childhood, I had to learn this the hard way. Hopefully others won’t!
@grahamwarrin3313
Жыл бұрын
I've watched hundreds of KZitem videos on investing and read a dozen books on the same subject including Ben Graham's (Warren Buffett's mentor) 'intelligent Investor'. In less than ten minutes you have given the most succinct and wise investing advice that I have come across - a truly impressive achievement.
@ero1456
Жыл бұрын
The last few minutes was amazing advice. Great learning.
@trailerkeller6760
10 ай бұрын
This makes sense especially look at all the younger rappers and celebrities. The faster they become rich the faster they spend it all or Squander it and don’t savor it. People like Warner Buffet, Eminem, Jeff Bassos, And different CEO of different company’s and artists Take 10+ years to make millions however they stay rich cause they understand money. It’s all about mindset and being literally Mentally smart.
@akin242002
Жыл бұрын
Great advice. It maybe boring to some, but extremely pragmatic advice.
@eeffocian88
9 ай бұрын
Can't leave without leaving a comment - timeless message.
@TheWeekendYogurt
Жыл бұрын
Thank you for your grounded advice. You’re right all of these videos of people making it big quick can definitely warp my perception of what is realistic. Thanks Tae!
@Systemsdown_
Жыл бұрын
Thank you, your videos have been making me think a lot about how I’ve recently been approaching life. Great video
@johnc7279
Жыл бұрын
Well Said...
@awaissiddiki1
Жыл бұрын
Very informative videos . Thank you for your service for this country . We all appreciate you
@nickodemis
Жыл бұрын
Great Video! Thank You!
@jeremyburton1443
11 ай бұрын
Excellent presentation. Thank you!
@jaimevazquez3769
Жыл бұрын
Amazing video and deep, thank YOU!
@xmochix604
Жыл бұрын
I love this... really puts things in perspective for me.
@m.t.valenciatrading
Жыл бұрын
I've accumulated 20k+ position in GPN... i'll be looking to get atleast 30% within the next 18 months.
@therocinante3443
Жыл бұрын
BOT
@blueblur1984
Жыл бұрын
The lack of safety nets most people have is mind boggling to me. My parents were estranged from their parents, had five kids, three of whom were disabled, one died as a result, my dad died of Alzheimer's in his 60's and my mother still retired a multi millionaire. Luckily dad was a big believer in insurance or I don't know where she'd be today.
@lililululalabooboo
Жыл бұрын
This was a really good message.
@brunoalbuquerqueriodejaneiro
7 ай бұрын
Very interesting insights and tips!
@jamela3407
Жыл бұрын
Wonderful video 🙂
@neilsung
Жыл бұрын
Awesome perspective
@veritas3179
Жыл бұрын
Loved your video!
@Tycy2014
Жыл бұрын
Ya this rings true to me, I was so depressed with how much I was making then I stopped and looked at where I was in life and my age and found I was in the 92% for my age. I started working at 17 and was competing with people twice some time 3 my age for a long time that it warped my perspective on life. The only thing I now want is my "dream job" by the time I am 30 and I got plenty of time to make that happen... gotta go back to school thou for it but I don't mind because i like learning. Also witnessed 2 bankruptcy growing up, dad lost his consulting company, then the house.
@mccoyji
Жыл бұрын
Stocks are probably in a bubble. Keep diversified. Cash is also OK 👌
@henryshum1666
10 ай бұрын
For my own exp, I have the tendency to go speculating, because I started late on wealth building and wanna chase the time back. Could you share anything which could tame our such mental urge?
@TheWeekendYogurt
Жыл бұрын
I love your videos!
@RoboCop68
Жыл бұрын
Well done
@kutayecevit4125
Жыл бұрын
From 21 years of 20 000 $ to 92 years 100 billion makes 24,2 % annual w/o inflation. Compounding is important but 24,2 % for 71 years is way impressive.
@peterl2767
Жыл бұрын
Great content for 😃😃😃
@fatou1975
Жыл бұрын
It depends a lot on your age too. Slow pace @ 55+ is too late already.
@nelocks3664
Жыл бұрын
Not necessarily. Just might have to adjust expectations and cut back on lifestyle to achieve the freedom desired. Investing 2k/month for 15 years at 8% growth comes out to 700k. Even starting at 55 that could be 700k by 70. Not too bad.
@nelocks3664
Жыл бұрын
And that’s starting with 0 at 55. Hopefully that isn’t the situation. Even if it is, there’s still hope.
@ClintonGalton
Жыл бұрын
Love the hair... I've been balding since 6th grade
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