The Silent Rich: How the Wealthy Stay Under the Radar

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DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
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I am 53 and retired at 50. 1 thing I did do to retire early was to get out of the 401K and IRA programs. Bought rental real-estate and I am now a Limited Partner in about 3500+ units. I do not work.

Muller_Andr
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Frugality lets you maintain a balance where only your priorities come first, leading you to a secure financial future. I am avoiding debt, saving and investing around 40 percent of my income. I have a high paying engineering job, and I live upstate MN. since covid 19 my expenses are extremely low. I have zero debt on a 7 figure portfolio, low rent and car paid off. So i can just save. feel lucky and grateful my fiduciary came into play.

KirbyIneson
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Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place

quantarrow
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From watching this video, a big part of being unassuming, quiet rich is staring off in the distance and usually holding a drink.

sweedish
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Most people want to “ look rich” rather than to be rich. Lots
of insecure people out there who will go into major debt to play the part.

Hgk
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*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*

tommywilliams
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I am surprised there are no scammer bot posts yet bragging about huge returns from some mysterious Ms. So and so on the internet, which is then instantly followed by replies praising the scammer as well. I’m sure those posts are coming though…

someoneelse
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The best thing wealth can buy you is privacy.

Leftists_are_Losers
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Yes, Warren Buffet still lives in his home in Nebraska but he also have homes in Hawaii, California, Europe and many other locations. There's armed security guards 24/7 at his Nebraska home as well. While he may still live in his first house, he has acquired many others. He was frugal, and that has allowed him to spend lavishly

davidhasselhoff
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I read an article on what kind of vehicles the richest people in America drive and it was all Toyota's and Honda's.( lexis, accura ).

terrencesala
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Although I don't consider my wealth level high at all, I never talk about it. In this age, one can become a target very easily. Loose lips about your own wealth may sink your own ship. Of course you want to brag about your luck in life, but it's best to be disciplined, and remain silent. Don't bring it up when dating, or with whom you believe to be are friends or great neighbors. Things can turn on a dime, as we live in a litigious society. I agree with the concept of establishing a Trust, as I have one in place. I'm going to look at what an LLC will do for me. Continuing to fly under the radar allows me to sleep very well these days.

Last_one_before_I_go
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My net worth is $6 million. I don’t feel rich, I drive a $21, 000 car which is 9 years old

carlyndolphin
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As a rich person I found out I can be too kind ):

onehughes
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Souns like those "silent rich" are kind of gods, ....lol!

corneliakeller
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Whats the point in being rich if you can't ever enjoy the best parts of being rich

becraftcorey
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Make a video on investing in real estate and stock market

RabighAnjum
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So beautiful and informative. Giving to those in need and uplifting the next generation for generational wealth. My SMALL 🥬🌶🫑🍏🍊food garden is so peaceful, healthy and gives me such calm as I avoid over spending in overpriced supermarkets. GROW YOUR GREENS$$!!!

LLTization