10 Ways to AutoPilot Wealth Creation (The Truth)

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10 Ways to Put Wealth Creation on AutoPilot

Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more.

How to get rich automatically?
How to automate getting rich?
How to put wealth creation on autopilot?
How to make wealth on autopilot?
Can you automate wealth creation?

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00:00 - Intro
00:26 - Set default to: Hard Work - no days off until you can afford to
01:01 - Automate
investment out of earnings
01:41 - Self-compounding S&P500
02:37 - Continue creating
Forever Green IP
03:26 - Reinvesting profits
04:53 - Hiring a CEO
05:42 - Every year acquire a cash-flowing property
06:54 - Invest in a REIT
07:29 - Hire a wealth manager
08:05 - Automate your learning

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Hello Aluxers, what's the closest thing you know about making money on autopilot?

alux
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WISE.

00:00 - Intro.
00:26 - Set default to: Hard Work - No days off until you can afford to.
01:01 - Automate investment out of earnings.
01:41 - Self-compounding S&P500.
02:37 - Continue creating Forever Green IP.
03:26 - Reinvesting profits.
04:53 - Hiring a CEO.
05:42 - Every year, acquire a cash-flowing property.
06:54 - Invest in a REIT.
07:29 - Hire a wealth manager.
08:05 - Automate your learning.

T.Kagunda
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00:00 - Intro
00:26 - Set default to: Hard Work - no days off until you can afford to
01:01 - Automate
investment out of earnings
01:41 - Self-compounding S&P500
02:37 - Continue creating
Forever Green IP
03:26 - Reinvesting profits
04:53 - Hiring a CEO
05:42 - Every year acquire a cash-flowing property
06:54 - Invest in a REIT
07:29 - Hire a wealth manager
08:05 - Automate your learning

watsonkashala
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Most people remain poor today due to ignorance.. Mean while there are lots of opportunities out there to hit that millions you desire. I'm putting enough in Bitcoin investment I've made over $72k now, on track to reach my savings goal of $100k before the end of the year

iancordell
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Crypto user could top 1B by the end of 2023 as nations continue to adopt Bitcoin Buy the dip, and HODLfor the long term .Bitcoin Always comes back.

monicaryden
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purchase a representative sample of the economy, Create a diversified portfolio to maintain your motivation.Where feasible, speed up the procedure. I DRIP into etfs (ARKW, VOO, VXUS, IVV) and business stocks because I'm a big fan of dividends. After making my first million, I came to the realization that the likelihood of you learning about a stock's boom implies you will likely be fairly late to the party. I am forever thankful to Lisa Rosa Cavanagh for teaching me this lesson. To make more millions, it's like turning your notification on or getting the early bird special

stanleyfujiwara
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These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

ryanwilliams
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07:29 - Wise advice I must say, especially the part of hiring a wealth manager. Felt it directly, because I have good companies bought, but instead of making profits I've lost over $378k of my initial $620k portfolio since a year. I've been considering hiring a wealth manager, but I'm torn between choosing a male or female manager. Who do you think would be more trustworthy?

aureliobjm
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If you wanna be successful, you must take responsibility for your emotions, not place the blame on others. In addition to making you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life...

besttime
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Wise... I was hesitant to watch this video. I thought it was going to be just another, "put your money somewhere and sit back and watch it grow, " video! Thankfully, it was not.

Is it irony that I was watching this about half past midnight on a Sunday night as I was working on my own business? Maybe, and that's why I was worried this video was about shortcuts. I've been working hard for a couple years launching my new business. Not my first business. I worked hard when I launched those too.

As a custom web developer, and business turnaround consultant, I've worked with over 300 businesses most failed! The problem was almost always leadership. The problem people working for them, were symptomatic of something higher up... There are no shortcuts.

It's a breath of fresh air, to see ALUX didn't sell out (especially after the Bill Gates fluffing video), and the "AutoPilot" answer is effectively, "get used to working hard!" I love it!!!

businessoutsidethelines
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Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life too.

terrisewell
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Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.

hersdera
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Autopilot is the way to go because left to our own devices, we probably would not invest due to our emotions and news media.Thank you Alux!

rethinkrich
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3:04 that one piece reference is crazy

pixelander
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6:00
6:48 10 properties
7:01 Property Management

JLW
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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.

philipcollen
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Wise. Many congrats to Paul Nelson!!! I'm super proud of you!

beccaa.
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Wise


Hi I didnt understand point no 4, can you elaborate it in details please? 2:40

kunaltrivedi
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Wise! We must accept that hard work is inevitable. It's about applying it to the right things. The sooner you start, the better.

VictimPoliticized
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I follow these general simply rules and this has worked amazing for me. Diversify, dollar or pounds cost averaging investing method, portfolio re-balance every quarter with my CFA and I have mainly an allocation fund with mix of SP500 managed ETFs/ index funds. worked out the best for me and my portfolio grew over 245% last year just hit the 7 figure mark..Grateful to Olivia Rene Reyes.

JosephineGaule