5 Ways to Build Wealth for High-Income Earners

About this episode:
You’ve maxed out your retirement accounts, so now what? I’m sharing five great investment options to help you invest a full 15% of your income. And if you’re not there yet, this episode will help you get ready for when that income bump comes your way.

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[alexsteven.m]

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

[VirginiaHapa]

Interest arbitrage. Sorry, can’t get behind paying off the mortgage ASAP.

[TheThreatenedSwan]

We live in the first world but for how long?

[SCOTTDisick-ycx]

I’ve been saving for a long time instead of investing, and right now I only have about $516k. I'm not sure how to make it grow, considering all the inflation, into something substantial that I might use for retirement. I’m just here for ideas

[AstaKristjan]

I just turned 41 and awfully late to investing with barely any portfolio except my 401k, I have a decent amount of cash saved up and with inflation currently soaring AGAIN, I’m getting worried about retirement, my intention is to retire at 65 at least, so how best do I maximize my savings of over $500k

[Peterl]

It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $300K stock portfolio from decline is my main concern, but I don't really know which way to go.

[Pat_laura]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[RobertDavid]

*Thank you😊 for this video, do you offer account management or have any recommendations?*

[EzechuHeadd]

Hallelujah The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49, 000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11, 000 and got my payout of $290, 500 every month…God bless Mrs Susan jane Christy♥️

[Adrian_misterblue]

So far I'm doing good approaching retirement with about 800k in savings. Transitioning from building wealth to spending can be scary, especially with soaring inflation. My question is, after maxing out my tax-advantaged retirement accounts, what next?

[dacokc]

Step 1) live below your means

Done..

[Olivia.M.Heard]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Stewart.

[RolandWingo]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[vladimirrostov]

Not making up to a million before retirement is unfulfilled retirement.!! I’m 54 and my wife 50 we are both retired with over $7 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock and forex market made it possible for us this early, even till now we earn weekly.

[SandraBurgess]

This is amazing. “Wealth has no shortcuts, there’re ways to attain it.”

[ecPaname]

The real challenge should be “how to build wealth on a $50k per year income”

[williamcain]

If your employer has the after-tax option for your 401k plan it's a game changer. Put in $66k last year and hit the max $69k at the end of June this year. It's sooo much money towards retirement.

[Purepresa]

Stupid endless jokes…it’s exhausting…why do you do this? It fricken destroys the content….I mean it’s endless!!

[ryandueker]

I’m not a high income earner but when George posts a video, I have to click

[CalmerThanYouAre]

If you aren’t competent enough about real estate investing to use leverage properly and responsibly, you shouldn’t be in real estate at all. Stick to the stock market and paying off your home before retiring.