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Post by X factor on Feb 15, 2021 14:42:41 GMT -5
Places that can help you grow your wealth or get some In the following posts, I'll very selectively share sites that I've listened to, called and vetted, that if you listen to them and have the 'capitol', than they can actually help grow your wealth or help you obtain wealth through sound fiscal procedures and or good old fashion fiscal advice. I've learned most of us run through half a million dollars in our life and are still broke...but listening to money manager types can help you, us, I, retain some of that money to benefit us as we get older. You should know by now the 'Zone' don't play when it comes to sharing sites or links, if site or link is bad, or gives bad info, it vanishes on here, so with that being said let's begin.
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Post by X factor on Feb 15, 2021 14:53:24 GMT -5
Lifestyles unlimited lifestylesunlimited.com/ First off I love the host of this show, their name is Del Walmsley, and yes, I know, most of us turned off by such shows and hosts, cause they usually speak fiscal language way over most of our heads and current realities, by this guy, the life lessons he teaches spill over into other areas of our lives...they're not like 'dry' Clark Howard was, (Dude finally retired from daily radio show, good)... No, instead Del Walmsley speaks common man/woman/person/9-5 talk and language....kind of like Trump, they're a common person who just so happens to be very wealthy do to fiscal smarts. And I also love the way they blast 'Dave Ramsey', who for sure has a radio face...LOL. This guy also has a radio show, it airs locally where I'm at, but check your own local stations to see if he airs on them as well, if not request that they air him, cause he's more than just a fiscal guy, his lessons spill over into other parts of our lives...and today, I think I just kind of fell in love with them, in a odd way...no, not a romantic way, but a big brother type way maybe?...I don't know...all I know is now they're in the Zone. Much more to follow as time allows.
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Post by X factor on Feb 15, 2021 15:52:59 GMT -5
One thing I will say though and that is today, $10,000 isn't nothing, not in Real Estate or investing, it's like crumbs today, especially in Florida where land use to be so dirt cheap before people fleeing New York and New Jersey started flooding, pouring in, now $40,000 homes jacked up to $240,000 price...say what? Yes, it's true, just got off phone with Watson Realter, and it's true. Because so many are fleeing blue states to the common sense red state of Florida ect, Real Estate prices out the roof! So that almost makes me just want to buy used decent RV and just near live rent free from month to month. I mean hell, get something like this, rent at 'RV park' or even park in Walmart parking lot, or ect, for near nothing a month while earning full time income, think of the money you could save?? Cause let's face, going forward it just seems Real Estate ect, just priced well above and beyond that which common pay check types can earn or save, so instead have to get smart. Many earn $40,000 gran a year, even with low paying job, but think if kept 80% of that money or so, now you have like 30 gran, in a year of cash saving, sure may have to live like a gipsy for a while, but so what...30 gran in savings, think what solid Real Estate could buy with that. Or other solid asset. I think going forward I'm observing many people having to lay aside their own 'pride' in order to insure a better future for themselves...let's say you.
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Post by X factor on Apr 6, 2021 15:53:56 GMT -5
Wow, this some good stuff here folks, and I'm going to follow a few of the tips on this list 'What to do with your money if have over $1000.00 in checking account'...I guess a way for average people to gain some fiscal leverage, check it out...I did partners.thepennyhoarder.com/1000-checking-4/?twclid=11379535566727958530 And you know the Zone, if not legit, won't stay up here very long, but as of now I'm very impressed with this list of how common people can leverage their money to grow wealth...
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Post by X factor on Apr 6, 2021 16:24:19 GMT -5
Here's what's scary to the average type person, including myself, when we here 'invest' we get scared... Cause to the average person 'invest' = future gain, and the average person conditioned to think of 'now' as in today or tomorrow, as in 'win lottery' instant money overnight.
But the truly wealthy trained to always think 'long term'...is why so many early investors are so rich right now.
But to the average person, dumping $500.00 into an account, and told that 2 years later money could grow to $20,000 or more, to the average person that's like eternity, and is why the average person is broke or check to check type of life.
It's all about conditioning I guess and suppose.
And the average person is a skeptic, whenever we see anyone online talking finances, we're just skeptical, kind of the whole 'If to good to be true than must be to good to be true' mindset....believe me you I have that mindset also.
But as I age, I'm also realizing just trying to save check to check from paycheck isn't going to cut it going forward, for I'd have to live another 1000 years to save up 1 million dollars after expenses and all.
Investing is scary for the average person, cause the average person has to, wants to 'eat right now', not 2 years from now, but that mindset is why the average person remains fiscally average for life, and has to work well into retirement age.
Investing is scary for the average person, first step is to admit that.
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Post by X factor on Apr 6, 2021 16:34:17 GMT -5
Here's what's scary to the average type person, including myself, when we here 'invest' we get scared... Cause to the average person 'invest' = future gain, and the average person conditioned to think of 'now' as in today or tomorrow, as in 'win lottery' instant money overnight. But the truly wealthy trained to always think 'long term'...is why so many early investors are so rich right now. But to the average person, dumping $500.00 into an account, and told that 2 years later money could grow to $20,000 or more, to the average person that's like eternity, and is why the average person is broke or check to check type of life. It's all about conditioning I guess and suppose. And the average person is a skeptic, whenever we see anyone online talking finances, we're just skeptical, kind of the whole 'If to good to be true than must be to good to be true' mindset....believe me you I have that mindset also. But as I age, I'm also realizing just trying to save check to check from paycheck isn't going to cut it going forward, for I'd have to live another 1000 years to save up 1 million dollars after expenses and all. Investing is scary for the average person, cause the average person has to, wants to 'eat right now', not 2 years from now, but that mindset is why the average person remains fiscally average for life, and has to work well into retirement age. Investing is scary for the average person, first step is to admit that. Yes, I'm a average type and can say the average pay check to pay check person scared as hell of going broke, cause most average types have been there before, and there's no uglier feeling than trying to pay rent and check bounces, no worst feeling. You will never feel more isolated and alone when your check bounces while paying rent, for no one will come to your aid, it's the sickest feeling in the world. Happened to me once, years ago, and swore it would never happen again...how did I change that? I just stopped paying all other 'junk bills' basically and made sure essential bills got paid first and hasn't happened since. Sure my credit went bad for a while, but so what, was able to pay rent after that, and still am, but that's like the minimum of fiscal prosperity. But ye, like for me, even to invest $500.00 for a return I won't see in a year, erks me the wrong way, but that's just because that's how I've been conditioned. I've been conditioned the wrong way, sad to say.
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Post by X factor on Apr 6, 2021 16:38:53 GMT -5
Ye, it's one thing to play with money when net worth is 1 million dollars, so ye, if have a million to play with, what's a $20,000 dollar investment?...nothing.
But if have all of say $15,000 saved up which may have taken two years to save, a $1000.00 investment can hit you hard and heavy phycologically.
It would be like a millionaire investing 15% of their wealth...150,000?, if math is right...the steaks a lot higher then...but even then proportionatly it's not...cause a millionaire would still have over 700,000 dollars of cushion, where as a poor person with 13,000 is still basically broke...I mean what's 13-14,000 dollars?
That won't even cover a bad stint in the hospital.
To me, in America, if have less than 50,000 dollars saved, than you're basically broke.
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Post by X factor on Apr 6, 2021 16:49:29 GMT -5
Also, if want to become rich, learn how to hang around other rich people, not poor broke types on the streets...duh
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Post by X factor on Aug 31, 2024 23:46:21 GMT -5
Interesting video on how to invest $1000 dollars
The narrator gives multiple ways you can invest and earn with just $1000 dollars.
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