How to Build Generational Wealth (IMPORTANT)

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Learn how to build generational wealth in this video, where we share key insights and strategies for achieving long-term financial freedom. Discover the power of investing, explore opportunities for wealth creation, and understand the importance of financial literacy for future generations.

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DISCLAIMER: We are not financial advisers. 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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One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.

tonysilke

As an investment enthusiast, I'm intrigued by how top-tier investors manage to become millionaires through their investments. While I have a substantial amount of initial capital, I'm uncertain about the strategies and approaches necessary to achieve returns exceeding $400k, as some have done this season.

Kimdavid

In your example of investing borrowed funds, if the interest differential is only 7 vs 3 which is 4%, and in fact taxable, and the policy interest is 5% tax-free, then it doesn't make sense to borrow. The investments earn well over 10% though and hence it makes sense. Your example could have used more logical numbers.

ritwikism

This is informational and great content.

lamboER

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

LiamOlivia-

As far as I'm aware the whole thing about the life insurance policy isn't entirely accurate. The amount of money that you take out on a loan on your life insurance policy is deducted from the policy's cash value if you fail to pay the monthly installments on the loan. Meaning that you will potentially have less money to invest in other assets over time. But take what I say with a grain of salt as well.

nessmess

Trust is not good enough protection, rest great

Unicorn-Black

Does that work for places like Puerto Rico 🇵🇷

donaldoyler

Is there not a risk that descendants may disagree on how to run the trust or other such things. Usually such feuds lock up the asset. Do rich not run into such issues? I have seen properties locked up and not generating any return because siblings can't agree on how to use it.

Vikas-pvie

This is advice if you already started rich.
What about middle class trying to make things better after a couple of generations?
First advice, own a house. Even if the house comes down you own real estate. Pass it down to your kids and then do the same. After two generations the family owns multiple real estates.

nowayjose