How They Keep Us Poor

In this video, we're going to talk about how the system keeps the majority of the population poor. We'll go over some tips on how to invest in assets and avoid liabilities to get out of poverty. By following these simple steps, you'll be on your way to a better financial future.

“Ten-thousand-foot view, how do they keep us poor? The answer is simple, they screw up our minds.” 2:00

While there is no global conspiracy taking place and no one person is being targeted in particular, there are factors at play that you need to mind.

The main issue is that the world has become a very complex place, and many of us have become complacent. We run around in circles all day, and we don’t really know what’s going on or why things are happening. We just keep trying to make ends meet until we pass out from exhaustion at night.

Taxation, statutes, capitalism, and so much more are all contributing to the issue.

If you're curious about the reasons why so many people are struggling to get by, this is the video for you.

Show Notes:
0:00 Into
2:01 How They Keep Us Poor
7:27 Liabilities Should Be Avoided
11:42 Three Types of Income
16:51 Investing In More Assets
21:28 Put Your Money to Work
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ABOUT TOBY MATHIS
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

#financialeducation #assets #tobymathis

[sstritmatter]

People listen up - this video is a great rare diamond of immense value. He's right, I'm proof. I do nearly exactly what he's saying. I have a job, I invest in a 401K, Roth IRA, stocks, and rental property. I save over $2, 700 a month on average and after everything else is paid for. By the way, my job? I'm a security officer. That's it.

[devdanger]

I've seen about a dozen of these "how they keep you poor" videos on youtube and yours is by far the most precise and detailed beneath the surface information.

[fab]

In 23 minutes you've communicated more finanacial knowledge than what is taught in 12+ years of school. Thank you for this.

[mvloz]

I started investing at 19, got huge into finance and exploring side hustles over the past 4 years after that. A lot of my side hustles are amplified by my knowledge of finance. i work full time and do multiple side hustles all for the purpose of investing aggressively. I'm considered wealthy for my age but at 18 i was poor and come from a lower class family who knows nothing about money. What changed my life was my mindset.

[brothachromatid]

As a retail investor who very vividly remembers all of the MSM rhetoric regarding the COVID crash (I was fully tuned in to Cramer and CNBC, Yahoo, Fox Business, and the like), what I took from that was buying anytime in 2020 was going to be like throwing money into an incinerator. Even in the context of a record "Fed Put". I didn't know what I didn't know, and didn't realize these talking heads really just had no interest in collective well-being and progress. The result was me not buying into conditions that lead to one of the most historic bull runs. Fool me once. I, and my future self thank you deeply for sharing this information.

[Wolvenstar]

When watching your first video, which was about keeping your name out of the public, I have had a good feeling about your person. I had the feeling, that you are really personally interested and invested in opening up people's minds to their possibilities. And with this video, where you are simply saying how things are, it confirmed to me, why I perceived you as a sympathetic person.
And I am glad, that I have stumbled across your channel. Because your expertise in your fields - and maybe even more important - your ability, to explain such things in a straight forward and understandable way for a wider audience, are really making a difference. To me personally as well, of course, but you are making a difference on a grander scale.
I am wishing you a prosperous, fulfilled life and many deserved blessings for your service to humanity.
Thank you.

[KadeersTV]

I Like This Guy.
I Appreciate You.
Keep it Vlogging!!!

Kadeers!!!

[ZoomedOut]

Thanks Tobi for saying what isn’t taught through our education system. It’s a long held belief of mine.
One important point missing from your text…”learn how to buy smart and sell smart…”
I’m on the markets daily and I’ll tell you that we love fresh meat in the arena.
Learning how to trade is paramount.

[tezzzla]

Great information... to bad not everyone will understand

1. Dividend Aristocrats
2. REITs
3. BTC as savings account (IMHO)

*Remember, invest what you can ONLY afford to lose*

[carlajones]

Becoming financially literate is key. Its not taught in school but there's tons of opportunities to learn. I suggest rich Dad poor dad, Robert Kiyosaki. Btw, there's audio on YouTube. Also, libraries have free books if you can't buy it. Reset your habits . mindset.

[hometech]

😮DAMNN DID NOT KNOW I COULD BORROW FROM MY STOCKS.. DO YOU HAVE A VIDEO ON HOW

[JUAN]

I enjoyed the whole video brother and agree 1000% with everything you said.. they want us to be slaves to debt ! No Way Buy ASSETS INSTEAD!!!!

[danas.]

Toby, I prayed for you and your family today. You are awesome. Your content is so solid. I’m watching and sharing many videos weekly.

[plumberbrian]

The stock option wheel...

1. BTO cash secured Put option
2A. Roll it down, later, or both if you are bearish.

2B. Let it ride if you wish to aquire stock at the strike price.

2C. STC at target profit, eg 30%

3. If assignment, STO cover calls.

[sanderdeboer]

This is an American viewpoint! Here in the civilized world it IS different.

Here government (in general) take care of its citizens, with affordable accessible high quality healthcare. Proper safe roads, affordable accessible high quality education.

A proper welfare system and the best pension system in the world allows people to overcome difficulties in life and to become part of the wealthiest generation in society.

And even though we have safety systems in place we still are a saving society. Creditcards are hardly used, you first save up before you buy.

This is what I don't understand about Americans. They have far fewer safety nets and yet they live like there is no tomorrow.

[ruben-Juarez]

No body says you can only do one thing… it’s about 1 thing at a time. You can become knowledgeable in many things… just not all at the same time.

[blanx]

House hack, get a duplex, get a triplex. This is the way out of the system. If most of your active income goes to paying rent or a mortgage and you can find a way to eliminate that then you just saved a LOT of your time!

[davehimlin]

Maybe a more accurate title is " how we keep ourselves poor " ?

[xxxnonamexxx]

I’ve been in the stock market and real estate for years and have worked a job all my life. Plainly this is the simple truth. Excellent video!

[qkwtq]

I'm sorry, could you please repeat what did you say in 10:28 after "if you buy the right ones, dividends" I'm referring to the selling part what was that?. Thanks in advance 🙏🏻