How To Get Rich

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Garys Economics

Garys Economics

17 днів тому

UNDERSTAND, SHARE & PUSH BACK
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Performed by Gary Stevenson
@garyseconomics

КОМЕНТАРІ: 2 300
@Brokout
@Brokout 16 днів тому
I’d like to add: Ignore the culture wars, if you’re angry at immigrants, woke and trans people, you’re fighting the wrong battle - it’s ALWAYS been a class war
@stum7396
@stum7396 14 днів тому
THIS ❤
@Liberty_Freedom_Brotherhood
@Liberty_Freedom_Brotherhood 13 днів тому
Exactly. Private schools do not enforce racial divisions, they maintain class segregation
@castortroy5263
@castortroy5263 13 днів тому
💯
@DoctorDerp6969
@DoctorDerp6969 13 днів тому
profoundly stupid
@PinkFZeppelin
@PinkFZeppelin 13 днів тому
Except that immigration itself is also class warfare.
@edmurth
@edmurth 16 днів тому
“How do you get rich? You get rich by working together” now that’s a great quote and tells a story about individualism and how it’s made us forget the strength of community like a form of depoliticisation.
@rossdavison6526
@rossdavison6526 16 днів тому
Perhaps why A.Raynor is being attacked so much in the media ATM 😔
@evolassunglasses4673
@evolassunglasses4673 16 днів тому
@@rossdavison6526 she calls for transparency for MPs all the time. She should be open.
@edmurth
@edmurth 16 днів тому
@@rossdavison6526 it absolutely is, this came from “Lord” Ashcroft paying people to dig as much dirt on Rayner as they could and this was the best they could come up with, technicalities that you or I would do our best to avoid paying tax on if we technically could because that is the only opportunity most people have to make that sort of money their entire lives and it gives them a level of financial security they could never dream of. But Lord Ashcroft makes himself a dual British-Belize national to avoid paying over £100,000,000 in tax and gets to take the moral high ground because what he did is legal. And becomes a Lord by giving huge donations to a political party, pays people to write unofficial biographies on his political enemies that the Conservative client press ran by other none doms with similar tax histories promote relentlessly. The game isn’t just rigged, it’s rigged to levels of absurdity that are difficult to comprehend.
@sunwado
@sunwado 16 днів тому
So true
@edmurth
@edmurth 16 днів тому
@@rossdavison6526 it absolutely is, the story came from research Lord Ashcroft paid for, a man who made himself a dual national to avoid over a 100 million in tax. The game isn’t just rigged it’s rigged to levels of absurdity difficult to comprehend.
@skatepark02
@skatepark02 13 днів тому
I came to this video after our first home purchase fell through due to the seller backing out to rent the property instead. After searching for a year and a half I’ve realised there is nothing out there that I can afford and my financial state and career has left me in despair. This video made me feel more depressed but it was the slap in the face with reality that I needed. By you saying that my lack of success is not a measure of my intelligence or my work ethic did Improve my self esteem for which I am thankful for. Keep doing what you are doing man, you are a shining beacon in the dark sea of bullshit, and it’s about time we had someone who can give us guidance like you have.
@camerawatchuk
@camerawatchuk 15 днів тому
What I realised during my life is that most of the people don't understand that being reach dosen't mean to have loads of money, but to be healthy, have a family, trusted people around you, being able to travel, hobby, leave in a country free of violence, hate and war... I don't have TV since 2006, I don't do social media... Maybe this is why being rich means something different to me.
@OneLessCar
@OneLessCar 12 днів тому
Agree with you except you are using UKposts, social media.
@macdee8837
@macdee8837 12 днів тому
You have time to edit out the social media sentence or just delete the whole comment because we both know its lies.
@callu947
@callu947 12 днів тому
@@OneLessCar Came on to say that :P
@trustwithin7188
@trustwithin7188 10 днів тому
I hear ya ❤
@user-cc5lq5hm6r
@user-cc5lq5hm6r 7 днів тому
Yes but to have those things comfortably you need to be rich.
@TazBo-wd2ig
@TazBo-wd2ig 16 днів тому
I’m already rich, I’ve got a wife and two kids and we are all healthy. The outdoors is all the happiness you need. Keep it simple and life is amazing.
@therearenoshortcuts9868
@therearenoshortcuts9868 15 днів тому
you are "rich" when you live the life you want to live
@WilliamAhlert
@WilliamAhlert 15 днів тому
Yes, those things are things people will say we’re lucky to have. Wouldn’t be able to do it without money, and prices are going up because of the rich. This kind of emotional wealth you have is now much more difficult to get together
@William1st
@William1st 15 днів тому
The outdoors is the thing that people with money want to buy off you. Be diligent and don't sell out.
@GeorgeGeorgeOnly
@GeorgeGeorgeOnly 15 днів тому
“Live your life abundantly”, as the saying goes. “Think abundantly and you will have abundance”. So, whether that’s true or not is academic. But what I find interesting is that most of those who have made a lot of money are no happier than those of us without.
@ordoabchao4202
@ordoabchao4202 15 днів тому
Do you resent those who chase money and financial wealth and think they should be taxed more?
@pauliehorgan
@pauliehorgan 16 днів тому
I love the honest answer to the "How can I get rich" question. Most other people would be pushing a book or a training course. you're a breath of fresh air.
@nicholasmartin297
@nicholasmartin297 16 днів тому
Felix Dennis did the book. He’s dead now. It was an interesting read. But ask yourself, “What is rich?” That’s the question you really need to think about. Lesson 1:- Money doesn’t make you happy (well, it does for about the first year apparently). That old adage “The best things in life are free” is very true. Go and take another look at Maslow’s hierarchy of needs.
@dicerevo
@dicerevo 16 днів тому
A lot of people make a lot of money selling the dream of being able to get rich to people. The world is not without its irony.
@susankaye8363
@susankaye8363 16 днів тому
​@@dicerevo Grant Schapps being a classic case in point, or should that be Micheal I'm never really sure who he is these days.
@gulzebkhan2621
@gulzebkhan2621 16 днів тому
Not sure I agree with everything but What a breath of fresh air in this self promoting, tik tok/instagram obsessed time we live in. A lot of people are pretending to be rich nowadays also.
@TheThinker43
@TheThinker43 16 днів тому
Gary is pushing his book, don’t kid your self
@Shini1984
@Shini1984 14 днів тому
I used to trade in FX. I lost all of my money multiple times and I figured it out! I learned programming and got a job as a software developer!!! 😂
@markcrisp07
@markcrisp07 11 годин тому
YeAH fx TRADING IS b*s*. i TRIED TO TELL PEOPLE NOT TO DO IT.
@burmakara
@burmakara 12 днів тому
I recommend everyone to find the forbidden book titled The Hidden Truths Of Wealth, it goes deep into all of this, and it changed my life
@matthewthompson0
@matthewthompson0 12 днів тому
Where did you find it?
@ryan-patel
@ryan-patel 12 днів тому
Where can i find that book?
@burmakara
@burmakara 12 днів тому
Borlest ( I found it there )
@jora1036
@jora1036 10 днів тому
Are you flogging your book ?
@burmakara
@burmakara 9 днів тому
@@kuryo193 nah, read third reply, i wrote where you can find book.
@JamesJansson
@JamesJansson 16 днів тому
My favourite advice story is this: I was trading, and making a bit of money doing it around the GFC. There was lots of stock available, and discounted share sales etc. A friend asked me for advice. I was hesitant, but I said "here's a mining services stock. It's a shitty company and 50/50 chance of going bankrupt, so do the smallest bet possible and assume the money is already gone, but it could go up a lot." Well the friend bought in. Then the price went up 20X. A few years later the friend said "I've got a bone to pick with you, the stock you recommended went bankrupt!" I replied with "so you didn't sell in the several years that it was 20X?" Even when you give Nostradamus-level advice, you are on the hook for the bad and never the good. Don't give advice unless it's "Don't trade. If you are asking for advice, you are going to fuck it up."
@RichardEnglander
@RichardEnglander 16 днів тому
They don't understand that they don't have any profits until they cash the shares in. They should have sold 90% of the shares and bought gold...
@Cheebasonic
@Cheebasonic 16 днів тому
Cash in as it goes up , start with taking your original capital to take out and then set levels to diversify into other areas if you don’t need the cash . You have to have the mindset as it’s all just paper profit in meantime …
@kiloub
@kiloub 16 днів тому
same thing happened with my brother. He lost 60K in bitcoin in the last few years and when I asked him why didn't he sell when it was very high, he told me "I'm in it until the end". I still to this day don't comprehend his mentality or what he meant. I think and I could be dead wrong here, they don't care about a 10X profit which my brother was at, or a 20X or a 30X. They're in it until they're rich rich.. They don't view it as an investment, they view it as a lottery type of thing.
@MCJSA
@MCJSA 16 днів тому
Sounds like Tesla. It was $50 for the longest time, then went to almost $2k. Well, if you didn't sell at that point...
@lukemclellan2141
@lukemclellan2141 16 днів тому
@@ciararespect4296 so you now have a quarter of a billion dollars and spend your time telling people in UKposts comment threads?
@bathfun
@bathfun 16 днів тому
Absolutely right, the game is fixed. True social mobility is (by and large) a fallacy. My daughter spends almost 70% to 75% of her income on basics, room in a shared house, groceries and travel to work (NHS). Without free accomodation (i.e. live at home) she will forever live in a room in a shared house and having a family is a distant dream. So, go Gary. We need your channel and your focus. Thank you!
@lukemclellan2141
@lukemclellan2141 16 днів тому
Leaving your parents home to live by yourself in your own house/flat is a relatively new thing though, isn't it?
@MrFastFarmer
@MrFastFarmer 16 днів тому
@@lukemclellan2141 yes, since the key latch kids. The problems we have today all lead back to the boomers and how they treated their children... and ironically boomers are now the ones with all the wealth today.
@hollywoodactress
@hollywoodactress 16 днів тому
@@lukemclellan2141what do you mean? A long time ago I spoke to work colleagues who are in their late 50s and they all bought their first flat or home in their early 20s which was in the late 1980s. Interest rates were high like 8% to 14% but it was all affordable. Also they had an average salary in administration at the time.
@BarringtonDrive
@BarringtonDrive 16 днів тому
@@lukemclellan2141 yeah, but in a time where we basically have such an abundance of material and technological and energy going on (think being able to build a replica of Paris 1-1 and leaving it empty for reasons) - there is no reason to accept the past way of life (being a technologically blessed serf for your richer betters) as the way it should be.
@juliewake4585
@juliewake4585 16 днів тому
We are not rich but compared to most people in the country you might say we were. We do have sufficient money to be able to help three kids buy a house so we are very grateful for that. I do know how fortunate we, and they, are and that it is a horrendous life that must people live.
@rannyorton
@rannyorton 13 днів тому
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
@belljoe
@belljoe 13 днів тому
I thought about investing in the real estate market, I heard that people make millions , but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $460,000 but it's hard to bite the bullet and do it. Money is hard to come by
@smithlenn
@smithlenn 13 днів тому
TRUMP 2024
@dawsondanny990
@dawsondanny990 13 днів тому
Biden spoilt the real estate market
@latanyaconlontl5849
@latanyaconlontl5849 13 днів тому
Having an FA is the best way to go. Based on a direct encounter with a CFP named Julia Hope Marble I can say with certainty that their skills are excellent. She helped raise over 580,000 in 18 months from an initially stagnant portfolio of 150,000
@belljoe
@belljoe 13 днів тому
Fantastic! Can you share more details?
@redchemicalsltd2324
@redchemicalsltd2324 16 днів тому
Gary, you are 100% correct, but people forget the most single important thing in life is your health.....l am double your age, lost a brother through ill health in his late 20's....no amount of bank balance would change that fact. We currently live in a wealthy village in Surrey, but we are in a very small house. My wife used to say to me how come this person or that person have big houses or expensive cars... l said most of them have had a massive leg up financially in life, either help with there business or house.... & the majority of the time this is the case. Unfortunately nowadays the youth want quick wealth & that very rarely happens👍❤.
@ajsctech8249
@ajsctech8249 2 дні тому
Greetings from Germany.Yes very much agree, never compare yourself to anyone else . Only compare yourself to the person you were yesterday. The trouble with comparing yourself to other is that you simply don't know what those other people go through to sustain that lifestyle.
@ALCRAN2010
@ALCRAN2010 День тому
In USA, there's a thing called "hood rich". Basically, it's all outward wealth. Most probably it's due to extended credit. They don't own their home, their cars, or their clothes. All credit. Their net worth is poor and not visible until it's too late.
@samuelmoore657
@samuelmoore657 16 днів тому
we have lost so many smart people to the finance sector, gambling on made up stock prices. Imagine if all the maths whizz's like yourself had entered into the tech and engineering sectors. I reckon we as a country would be much better off now. Love your channel, I have learnt so much. Thank you
@stevep4131
@stevep4131 16 днів тому
I started out in engineering. Ended up working for banks before I started making real money. Just wrong.
@ericritchie6783
@ericritchie6783 16 днів тому
This is why we haven't really progressed since the 60s. We had the illusion of progress driven by the rapid incremental improvements in IT, however that's now very much in a stage of diminished returns for most peoples needs/uses. The trajectory of IT was set on its way long before and the silicone chip, the LED and a whole bunch of now ubiquitous composite materials were all arrived at in the 50/60s. We taxed excess wealth properly after ww2 of course.
@Elspm
@Elspm 16 днів тому
Yeah, I'm an engineer. I know if I had wanted to make a lot of money I'd have done so much better switching into the finance sector, but I love engineering. But with the youngsters coming up it's even more the case, and we're losing even those who love engineering. The difference in income is just insane.
@postyoda1623
@postyoda1623 16 днів тому
@@ericritchie6783so many people in the world right now, esp. even in the tech sector, think the opposite of this, it's scary. being ignorant of history does a number to your perception of reality.
@slapjuice
@slapjuice 16 днів тому
@@Elspm oh you're a martyr now? why didn't you become a footballer, difference is even greater for kicking a ball for 90minutes a week.
@CMBell1985
@CMBell1985 16 днів тому
"What am I doing wrong?" "You had the wrong parents. You shouldnt have done that" Gary you have a way with words
@MarkCW
@MarkCW 14 днів тому
It's true but not exactly helpful! My parents were poor but I managed to become financially independent by the time I retired at 56. Invest in index trackers and BTL properties is my advise. See my comment higher up for more info.
@LDNBikes
@LDNBikes 14 днів тому
😂😂 brilliant
@anetapostek9833
@anetapostek9833 13 днів тому
It was sarcasm I presume and adds to the argument that it’s not your fault that you find it difficult to get rich these days.
@LCREEGS
@LCREEGS 13 днів тому
@@anetapostek9833 I think they realise.
@trustwithin7188
@trustwithin7188 10 днів тому
Poetic injustice 😜
@EFRAINPEREZMARIN
@EFRAINPEREZMARIN 13 днів тому
I guess I am ultra risk lover. Even though I don't hold meme coins, I only hold Blcktken300 and ETH . Fingers crossed
@errolkim1334
@errolkim1334 9 днів тому
Bot 😂😂
@stephen2203
@stephen2203 14 днів тому
"What should I do to get rich?" ... discover what your strengths and natural gifts are, and then exploit those. "Will I make money trading FX" ... No. I said that to somebody very recently. The caveat is that it may be one of your natural gifts, but that is unlikely. Gary, I like your blunt and straight-forward approach. Thanks
@ajsctech8249
@ajsctech8249 2 дні тому
Agree professional traders have terminals delivering real time feeds and data and they have learned to put all that real time info into good decisions.Trying to replicate that at home is difficult without having been a professional trader. We need better open source information platforms
@bazza5699
@bazza5699 16 днів тому
i've known this all my life, but never heard anyone else articulate it. thanks
@tomabbott6097
@tomabbott6097 12 днів тому
If you want to get rich, build a brand, there has never been more opportunity than now. It isn't impossible to be rich.
@philjamesjones
@philjamesjones 16 днів тому
You nailed it with the comment around ‘it’s not living in relative ‘poverty’ it’s the judgement that’s the problem’. Spot on. The internet has told everyone they should be living in big houses and driving flash cars otherwise you’re a failure. We can no longer be happy working in the ‘factory’ because we should all be millionaire UKpostsrs or bankers. It needs to stop. Another example of social media killing society
@petefraser3013
@petefraser3013 16 днів тому
Yes indeed, happier with less.
@RichardEnglander
@RichardEnglander 16 днів тому
Yes, but you can't buy a small house working in a factory and most people won't get any real sense of meaning and more from that job
@CuriousCrow-mp4cx
@CuriousCrow-mp4cx 16 днів тому
Yes and no. Economic realities don't lie. If wages had kept up with inflation over the last few decades, nobody would be complaining. But they haven't have they? And the rules of the game are rigged very much against those without wealth. So, this ennui and alienation is nothing new, and social media is just another medium for selling the lies. Used to be the TV, the newspapers, and novels. We've just been through the biggest wealth transfer in history, and poverty is increasing up the wage distribution from the bottom up. And AI is being setup to cull the white collar jobs we were told to aspire to. And that's the reality. Time to see clearly, and drop the delusions.
@bramvanduijn8086
@bramvanduijn8086 16 днів тому
But there are no shitty tiny apartments available, unless you're willing to pay as much as you have to pay for a big house.
@goych
@goych 16 днів тому
So be happy with your lot in life? Know your place?! Whatever dude, you go for it, you stay safe believing that
@MikeStillUK
@MikeStillUK 9 днів тому
1) Work hard 2) Earn more than you spend 3) Spend less than you earn 4) Invest the difference 5) Buy a little bit of bitcoin every month and hold for 10 years Don't overcomplicate it.
@Jakkaribik1
@Jakkaribik1 9 днів тому
"No Crypto!!" Easy as that and you are set Investing a Bit Each Month
@johnnyredfern6026
@johnnyredfern6026 14 днів тому
That’s is the societal divide explained in the most understandable coherent way I’ve ever heard. If WE as working people don’t change the political system then nothing will ever change. It hasn’t for centuries or even for ever. Find the information, inform anyone and everyone you can, then hold the politicians and the super rich accountable.
@Pollycat15
@Pollycat15 16 днів тому
So glad that you ended with the message about working together to change the system. I’ll happily be part of the ongoing collective action. Really feeling the power of The Woolly Hat of Wisdom today 😁
@penderyn8794
@penderyn8794 16 днів тому
Collective successful mutualist cooperative companies can have comfortable income levels
@tonychorley4936
@tonychorley4936 16 днів тому
My husband, an engineer is good at maths. He went on lots of trading courses, spent a lot of money. Some offered support afterwards supposedly offering tips. The only people who really made money were those running courses, he made bits here and there, but no real money. It’s a tough field and they are not kidding when they say you can lose everything , I think it is really posh betting.
@CuriousCrow-mp4cx
@CuriousCrow-mp4cx 16 днів тому
Yes and no. People make money from betting, but Derivatives makes Sports betting look like a mugs game. And most of the finance world is reliant on Derivatives for hedging. Yet the Ancient Greeks invented the same financial betting. It's the little people who aren't taught about the realities of wealth, and they suffer it's its lack the most.
@markturner5534
@markturner5534 16 днів тому
It has nothing to do with academic level mathematics, you need fundamental understanding of the macro factors on the markets, the simple thing to do is buy an index fund and be a little more adventurous in the bull market. People who don't at least understand the market cycles of buy low in bear market, and sell high in a bull market shouldn't gamble with their money.
@dannymcloughlin7120
@dannymcloughlin7120 15 днів тому
We need to challenge a system which makes us and our children poor. We need public investment in education, and a change in what is taught, NHS, housing, proper levels of pay, social mobility. An end to private education. An end to paying for university courses.
@Sixty-Ten
@Sixty-Ten 13 днів тому
People like to think the people trading and affecting the prices know what they’re on about but just look at what happened with Pokémon go, where nintendos share price rocketed for a day or so, until the morons realised Pokémon go wasn’t developed by Nintendo but niantic, DOH! It isn’t based on reality, it’s based on speculation and perceptions
@mramechi300
@mramechi300 13 днів тому
Trading is all about information. The greatest traders have the most information.
@ruvicelvazquez6212
@ruvicelvazquez6212 13 днів тому
Blcktken300 gang in the house! Thanks for the analysis!
@ex-cursion
@ex-cursion 12 днів тому
This is a scam
@jarbasssmendes
@jarbasssmendes День тому
Congratulations. This is probably the best video about "how to get rich" in the internet.
@internetmail3888
@internetmail3888 16 днів тому
We chase wealth because we are subconsciously chasing security not wealth. But at the end of the day security cannot be bought with any amount of money and so therefore embracing a life's purpose (working altruistically for the benefit of society) fortitude (combating insecurity) and happiness (contentment and appreciation for what you do have) should be some of the key primary goals in life.
@bramvanduijn8086
@bramvanduijn8086 16 днів тому
How can you feel secure if at any moment you could lose the roof over your head? Which means no address, so you can't get an ID or bank account if you need to renew or replace them, which means you can't get a job if you lose yours. Maslow was quite clear on the matter: You need water, food, and shelter before you can even get started on feeling safe.
@fabienjlc985
@fabienjlc985 16 днів тому
I love your comment and I agree that security cannot be bought. I know a multimillionaire who suffers from terminal cancer and his wealth won't save him. Having said that, a complete lack of wealth spoils your life by making it too unsecure.
@ElCanalacoDeRaul
@ElCanalacoDeRaul 16 днів тому
Working altruistically, are you a monk?
@jrisner6535
@jrisner6535 15 днів тому
Status
@Aaron19987
@Aaron19987 12 днів тому
@@ElCanalacoDeRaulworking with honesty and for the betterment of those around you and the ‘clients’ or ‘customers’ you may be working for. I see plenty of people in my trade in construction do a job asap for the money knowing it’s going to fail down the line but they know they don’t have to pick up the pieces. I like to work with honesty and well intentioned and I go home feeling good about myself and life. Not about being a monk pal
@noellavelle2091
@noellavelle2091 16 днів тому
The Nazi party only had to convince 10% of the people that they should go to war..the rest followed.The moral of the story is education critical thinking and a genuine love for our fellow man.Kindness is a currency that is becoming a rare comodity and its far more precious than diamonds.Great channel.
@haileuropa3708
@haileuropa3708 16 днів тому
You are so dumb to use the national socialist German workers party as an example in this conversation. They made everybody rich and didn't give all the money to private bankers and instead it went to the people. We lost that war. The people who won have done this to us not Hitler
@evolassunglasses4673
@evolassunglasses4673 16 днів тому
Many parts of Germany had been occupied and taken from them after WW1. Its was just common sense to want to take them back.
@steviemac8075
@steviemac8075 16 днів тому
Kindness is also misunderstood as weakness and people take advantage.
@aluisious
@aluisious 16 днів тому
Talking about the Nazi party is cliche. Why is your country sending weapons to a genocidal regime? Why is mine?
@steviemac8075
@steviemac8075 16 днів тому
@@aluisious not interested mate I’m poor. Who gives a shit. Nobody remembers that lad that burned himself nobody even remembers his name without the power of Google. That world is one putrid bag of shat and nobody cares.
@keithporter8282
@keithporter8282 16 днів тому
Working for yourself is a good start. It’s hard, but it can make you wealthy. I worked for companies, then backed myself to be a contractor, then started a company with a friend. The result (after 22 years) is that we sold the company and I retired at 55. I still consider myself working class and I wasn’t given any money. Just very long hours, gut feelings, and a slice of luck.
@sachsuccess
@sachsuccess 14 днів тому
I'd love to hear more of your story. What industry did you eventually set up your company in and was it based off your career path?
@johnmiller9953
@johnmiller9953 13 днів тому
@@sachsuccess douche
@JoolsUK
@JoolsUK 11 днів тому
I imagine the business is either IT, building trade or business services. Well done and appreciate those who acknowledge luck, have had some myself and its about maximising opportunity (luck) that presents.
@wendywilson-fall3973
@wendywilson-fall3973 9 днів тому
And you also learned how to be a contractor.
@markcrisp07
@markcrisp07 11 годин тому
The fact is the chances of success in business is very low. Many do not see this reality.
@Frank_Rowland
@Frank_Rowland 13 днів тому
I started watching your videos" earlier last year as a beginner before giving stocks a trial, and I've been able to scale from 120K$ to $580K, I did get an advisor for supervision and accountability just as you directted thanks.>
@katecarter2255
@katecarter2255 13 днів тому
All you need as a beginner to make good interest is a professional miner who will guide you.
@Nicholas-Richardson
@Nicholas-Richardson 13 днів тому
And this is the time to put money into bitcoin cause of the high rate
@jasonsimpson7233
@jasonsimpson7233 13 днів тому
I propose Lexi griffiths This lady is from United K. and her strategie works like magic
@Marina_lam
@Marina_lam 13 днів тому
There are many types of buy and sell real estate stocks gold silver, cryto Stablecoins Airbnb, ETFs
@Marina_lam
@Marina_lam 13 днів тому
I heard about this same Lexi griffith somewhere as there are testimonies about her, I'm definitely buying with two thoughts
@Mynestrone
@Mynestrone 16 днів тому
"You're trading against me!" is one of the clearest warnings I have ever heard.
@philipjamesparsons
@philipjamesparsons 16 днів тому
Just invest in a low cost index tracker fund and you probably will beat Gary over a ten year period. Most (90-95%) trader types do not better the market and charge a fortune for achieving nothing. This was the advice Warren Buffet, gave years ago and he has been proved right.
@duxnihilo
@duxnihilo 16 днів тому
@@philipjamesparsons Yes, this was Buffet and Munger's advice. They said only the top 5% of traders can beat the market. Guess what Gary is...
@philipjamesparsons
@philipjamesparsons 16 днів тому
@@duxnihilo He thinks he is a top 5% trader beating the market. Well that's what he thinks; they all do. Trader = gambler with a system. Gary is a pied piper. I would not follow him. Do not believe him that you cannot make wealth for yourself via career and investment.
@philipjamesparsons
@philipjamesparsons 16 днів тому
@@duxnihilo He is suggesting he is one of the 5%. 100% of traders fall into that category.
@StephenBoothUK
@StephenBoothUK 16 днів тому
I immediately remembered an advertisement I saw for a trading app where rather than making trades yourself you can pick another user of the app who believe to be a successful trader and the app will follow their trades. On the surface seems good but it will always lag their trades so you’re likely always going to buy for a little more than they paid and sell for a little less. Not good if they are trading volume for marginal gains.
@stevep4131
@stevep4131 16 днів тому
So true. Many people feeling like they are failures without knowing their friends have bought houses with parental help. Doesn't even touch on the fact that 96% (?) of us are disadvantaged educationally. The other few percent enjoy private schooling. Then we compete for good jobs. So much for our wonderful meritocratic democracy!
@anthonypatchett974
@anthonypatchett974 15 днів тому
I'm the first to say what I inherited.. Honesty is always best policy Others want people to think they want it. Even worse is when they think they aren't it or were entitled to it
@Jakkaribik1
@Jakkaribik1 9 днів тому
Public Places are Rarely giving People what they need to be on the Top most are Average at best now if you spend $5K Per Month Many Doors open..
@Jakkaribik1
@Jakkaribik1 9 днів тому
Average People get around 1800$ Per Month but they need $5K
@axelroldan2329
@axelroldan2329 13 днів тому
Do it. Blcktken300 already in my bags. I had a Blcktken300 after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.
@ex-cursion
@ex-cursion 12 днів тому
This is a scam
@josephmichaels4279
@josephmichaels4279 21 хвилина тому
You make such a great point about people who have been gifted funds from their parents never talk about how they bought the house , car, stocks, etc... everyone wants to pretend they did it themselves from 0... you actually did! Congrats. I actually did by starting off negative 500k. With just a phone and computer and 24/7 work... and figuring things out. Work harder and smarter!
@petermartin5030
@petermartin5030 16 днів тому
Be born rich. Extract more value from numerous people than you give them. Influence rules and laws to retain and pass on your wealth. Rinse and repeat.
@kgill99
@kgill99 13 днів тому
Good answer!
@DEVAEGIR
@DEVAEGIR 16 днів тому
Gary, may I say that your straightforwardness is a shining light, a sharp contrast to the hundreds of 'advice-givers' on youtube and elsewhere. We have been inundated with videos about 'how to make your first million' and advice about putting away thirty quid each month, 'and in a while [a few thousand years by my count] you'll be swimming in it'. And they are unavoidable, I try to avoid such videos, but I hear about them a lot, because people, friends, students, everyone is so anxious to escape... You're the only one who essentially substantiated my usual answer when I get asked 'the question'. (May answer being: there are three ways to get rich: be born to it, marry it, or steal it.')
@philipjamesparsons
@philipjamesparsons 16 днів тому
Gary is a millionaire trader telling you that you have no way to build wealth unless you are already wealthy. He is talking rubbish. I did it by investing in training to get into a career that paid well, invested in index tracker funds as suggested by Warren Buffet. It was not get rich quick but I had no help from parents. Rich people also pass know how to offsprings, not just money. There is no shame in being poor if you are not from money. But poor people often stay poor for good reasons. Getting a good job and investing well is a heck of a lot easier than changing the entire political system which Gary advocates.
@michis_roblox5580
@michis_roblox5580 13 днів тому
Now we just need to see the Blcktken300 price also move in the same direction as these charts. Up. Very Up.
@ex-cursion
@ex-cursion 12 днів тому
This is a scam
@rmcommando84
@rmcommando84 2 години тому
I love how logical thus guy is. The advantage he has is that his perspective isn't clouded. He knows both sides of the coin.
@MrJohnny25
@MrJohnny25 16 днів тому
The way you paint a picture is just perfect. Direct but loaded with info. This is where I come to learn the real message! You can see things from both sides of the spectrum which gives you a perfect ability to say how it is. You don't hide your luck, but you capitalized on it. Continue to create and thrive! Respect!
@susankaye8363
@susankaye8363 16 днів тому
The one question I've always wanted to ask Gary is all the people you work with in your book are male . Could you have achieved the same if you had been female?
@SimonHough-hz8wp
@SimonHough-hz8wp 16 днів тому
Gary is a massive inspiration. Calm in explanation and totally honest in his delivery.
@nadie_me
@nadie_me 13 днів тому
Great video. Im a huge Blcktken300 fan and love your videos on it.
@ex-cursion
@ex-cursion 12 днів тому
This is a scam
@elgrimio
@elgrimio 15 днів тому
The most refreshing speaker I've heard in a long time.
@andreyketroy5052
@andreyketroy5052 16 днів тому
This guy seems to be one of the most sane I have seen online. I am sad that he gets so little views in comparison to "get rich quick" youtubers. I do not agree that you have to accept that if you are not rich you give up on financial success. I think that if you try to achieve financial success by actually doing something exceptional and enjoy the process, you will start value self development and money might come naturally. It slightly resonates with noble prize idea in my opinion.
@seancswash
@seancswash 11 днів тому
People want instant gratification and the title of this video pulled them in.
@lawrencebolt3540
@lawrencebolt3540 16 днів тому
I started out life in Hampstead. Parents were not rich but my school was filled with kids whos parents were. It took me many years to figure out why many of the kids in my class who were as thick as p*gs s***t were well off whilst i was struggling with shift work. I had the best scores in school, tested as having an IQ of 140, but i never received any meaningful support or information from school. I eventually realised that i lived in a game of 'family wealth' not a game that supported talent, but a game that exploits talent for the benefit of rich families.
@jacknakamori3280
@jacknakamori3280 16 днів тому
So true. The ones that did well from my school all inherited. None of them work as hard as me.
@stephen2203
@stephen2203 14 днів тому
My parents died without realising that.
@amirnayel1428
@amirnayel1428 2 дні тому
what career would you head towards to try and become rich
@deetee7321
@deetee7321 14 днів тому
Fantastic insights and a welcome change hearing a young economist speak. I am 60 and you are absolutely correct, though I do not know what constitutes rich these days, I say to my daughter if you set out to be rich in anything you will likely fail as your motivation is too narrow. Aim to be successful at something aiming for excellence in that field, and be patient. Very few people from a poor background who set out solely to be rich succeed ( you can have moments when you feel that way ). Luck plays its part, but the success part is usually incremental which is where a level of patience is required
@palmeraj70
@palmeraj70 16 днів тому
This is a great message, part 2 of the wealth inequality discussion. Not only do we have to demand that our politicians take action NOW, to reverse wealth inequality, but as Gary says, we have to push back and ignore the online boasting of having wads of cash and flash cars. If we all work together, we can all share in the benefit. If we work individually, the more likely we won't change the system and will become poorer ✊
@Humanity101-zp4sq
@Humanity101-zp4sq 16 днів тому
Try voting!
@nahomdaniel1789
@nahomdaniel1789 16 днів тому
voting doesn’t work
@palmeraj70
@palmeraj70 15 днів тому
@@Humanity101-zp4sq I do - and don't understand why you should think I wouldn't 🤦‍♂ -, but that rarely solves problems such as this. With our system not fit for purpose, the only "sensible" vote in my constituency is for Labour. However, I emailed my Labour PPC re wealth inequality, and she flat out said they don't believe taxing the rich is the answer 🤷‍♂ So, while we have to get the Tories out, we collectively also have to work hard to get Gary's message to sink in and stick.
@Humanity101-zp4sq
@Humanity101-zp4sq 15 днів тому
@@palmeraj70 Spoil your vote.
@ScarzChosenspokesmen
@ScarzChosenspokesmen 13 днів тому
Any discussion around politics and you've already lost. We cant all be rich. Policiticians are simple there to ensure we're distracted while the status quo is maintained and the rich stay rich
@yoginid672
@yoginid672 16 днів тому
I'm nearly 50. Of all the people I went to University and studied with, the ones who are 'proper rich' now come from 'proper rich' backgrounds. They arrived and left uni already rich. The ones who I would call 'rich' (definitely well off, but not aristo or anything, upper middle shall we say) inherited or got their first property bought and paid for them by bank of mum and dad. This is without exception. The ones who are 'comfortable', have worked hard and met partners who also work hard at their jobs (dual income necessary, even when having a family). I went to a top class Uni (not boasting, just giving you context). Gary is spot on and honest here. One more thing I would add - and I share this as a feminist but we're all into honesty here right? It's not just having a rich Dad that I see gives people the wealth they then have later in life: a lot of women 'marry' into wealth before they have a family. (I've had that option several times - didn't take it - no regrets, even though I still struggle to buy a house in London and could easily have opted for the 'marry into money' option ;)).
@jacknakamori3280
@jacknakamori3280 16 днів тому
36, and I appear to be looking at the same outcome regarding my classmates!
@mickeysmouse4800
@mickeysmouse4800 16 днів тому
Very similar story from me. Two notable exceptions: one bloke who married in to a wealthy family; and those that are doing the best are those that didn’t go to uni but got on very specific technical skills training back in the day: YTS. Apprenticeships would be the modern equivalent. There’s no way I’d do a degree now unless my employer paid me to. Unfortunately university is a mugs game now, given the fees, proliferation of degrees and disinterest of education institutions unless you’re an overseas student.
@yoginid672
@yoginid672 16 днів тому
@@mickeysmouse4800 The University thing.. such a different ball game now. Agree with you about having a trade specific skill - that is evergreen and always in demand - and if you can couple that with 'good clients' skills you can do very well. An ex boyfriend, who got a first from Cambridge University, not from money background, tried the management consultancy thing - the Cambridge first helped of course. But he hated it. At my suggestion, he set up a DIY business instead and put his last salary bonus into buying a BTL in Surrey. Fast forward 15 years, he owns three properties, has moved to Chamonix because he loves boarding, and is constantly inundated with work requests.
@yoginid672
@yoginid672 16 днів тому
@@mickeysmouse4800 You are absolutely right about the value of having strong technical skills. I would say if you have that or develop and focus on skills that there is a demand for, AND couple that with strong customer engagement skills (be that in person or general communication), you can do well financially, regardless of a degree or your family background. Anecdote: an ex boyfriend, who is not from money, got a first from Cambridge and went into management consulting. Hated it. On my suggestion, he left and set up a DIY business. Started small, developed into bigger projects. 15 years' on, he owns three properties and has just jumped Blighty to live in Chamonix so he can go boarding every day. Obviously there's more to it than that, including making sacrifices on the way to building the life you want, but you get the drift.
@katerose8393
@katerose8393 16 днів тому
Yup. I also went to one of “those” universities, and i’d have sworn to my last breath at that time that there was no difference between me and my privately educated peers. That my results were as good as theirs and my life chances were the same. Well, i had no clue. I’ve done okay, mainly because i bought property the first second i could and kept doing so. But they are just in a different league now - and that’s before the colossal inheritances which are just starting to come trickling in!
@reddragon70
@reddragon70 16 днів тому
I find it weird that the common man will get angry about me as a train driver fighting to get a raise. I’m far from rich. I’m doing ok. I live modestly and am able to overpay my mortgage. But I’m not rich. Even on my earnings I have to deal with the cost of living. My income isn’t immune from inflation. Why wouldn’t someone want me to succeed, because they can then go to their bosses and point to me saying “he got blah blah… I demand blah blah too.” They can even get my job, I’m retiring next year. I’ll have a modest pension for a 55 year old. Enough to live on. I want that for everyone. But people are so easily turned against each other. They willingly fight each other over scraps while a rich laugh at them. Every thing you have said made sense. The game is rigged.
@wondergra
@wondergra 9 днів тому
The common man see's the price of a train ticket going up and the service getting worse and then he see's a news story about train drivers wages going up while his stay the same or go down. So not weird that he'd be angry at you really. What he doesnt see is the years of under investment and asset striping by private companies. Most people don't have the time to go looking for the real story. They're too busy working and/or looking after their kids. ' A lie can make it's way around the world before the truth even has its boots on' - Terry Pratchett
@Jakkaribik1
@Jakkaribik1 9 днів тому
Just see how long it takes for no work till you are Poor Most are Poor and Lose it all in under 3 Years House or Otherwise yes people need better Pay and Less work Hours
@davehughes9718
@davehughes9718 16 днів тому
Gary I just wanted to say that you are giving me some hope for this country.... I realised for myself a long time ago that this country keeps getting poorer, every single year. I've been saying this to my parents and they are kind of dismissive with me. It's the reason I've never been interested in politics. Because I realised myself that you can vote labour or conservative and it doesn't matter... The result is that the country is going to continue getting poorer. My vote is meaningless. I am powerless. I have felt this way for most of my adult life. But the way you talk about wealth inequality, it gives me some understanding of why it is happening, it makes so much logical sense to me and look I'm a web developer, I don't know anything about this stuff... but you explain it so well and the way you talk about this actually gives me hope for the first time ever that maybe if enough people support this message there can be positive change. Please keep this up, it's so important and thankyou for this.
@JamesSomersetActor
@JamesSomersetActor 16 днів тому
The only way to guarantee being rich is to be born rich
@paulcampbell85
@paulcampbell85 16 днів тому
It is not almost impossible. Try starting businesses and just keep adding more value to all your customers, Leave nothing on the table. And your parents have nothing to do with your chances of becoming rich. It is all about what they leave in you, not what house they leave you. And just keep looking for opportunities learn to work together yes look for co founders.
@jacknakamori3280
@jacknakamori3280 16 днів тому
Paul above is wrong. The rich from my class ALL inherited.
@mrstephenpariah
@mrstephenpariah 16 днів тому
​@@jacknakamori3280Paul is most likely selling something. Training courses and dodgy investment advice probably.
@JamesSomersetActor
@JamesSomersetActor 16 днів тому
@@paulcampbell85I said the only way to GUARANTEE. Not that it’s the only way to become rich.
@Hm32271
@Hm32271 16 днів тому
Nonsense, utter nonsense.
@atelieralanna
@atelieralanna 14 днів тому
This is one of the most honest videos I have watched recently.
@erelpc
@erelpc День тому
Finally you put out a good video with factual information. About time
@dweamy1
@dweamy1 16 днів тому
Don't aim to be rich (financially) aim to have a happy contented life. Live within your means, don't buy what you don't really need and stay out of debt (unless it's a mortgage) and try to educate yourself re how to manage the money you do have.
@sachsuccess
@sachsuccess 14 днів тому
Exactly- live your life and define success as you want it to be defined. There's no correct definition. There's other examples of 'good' debt other than mortgages (for the right type of property and deal), and getting better in life in any aspect is based on educating oneself
@philipreed6893
@philipreed6893 8 днів тому
Very good advice, many people are using their credit cards and running up debt they feel richer because they can buy a new whatever but they are getting more and more in debt paying high interest and falling behind in reality.
@LauraJ_Iago
@LauraJ_Iago 16 днів тому
DIGNITY!!! Yes, you've nailed it! Not related to income, or even achievements, absolutely! So wonderful to hear this truth spoken to the masses! The intrinsic dignity of the human person transcends all material variables. If only we could always remember this! The question: "How can I get rich?" Is really a person asking "How can I be happy?" They just don't realise it! Gary, one word comes to mind whenever I listen to you ..."Humility!" I believe it's the highest of human virtues, whether King or beggar, it also transends! I would say it's the ability to see the truth of who you are and where you are in life and to accept it with simple gratitude! You have this Gary, it's an amazing gift to those you encounter. I pray you never lose it! Thank you.
@therearenoshortcuts9868
@therearenoshortcuts9868 15 днів тому
wealth can be robbed but dignity is willingly surrendered
@stephenjefferies5101
@stephenjefferies5101 14 днів тому
So I saw an interview you had with some journalist which recommended your book. I bought it on audible, and listened to it with great interest. Glad you beat Citibank. Anyway, I was telling my work colleague about it, and I said the book was called the Trading Game, and he immediately showed me a text from another mate who had recommended it. Now that’s what I call alignment, synchronicity or whatever. Keep it going Gary.
@novacaine_
@novacaine_ 16 днів тому
Big message here, the game is rigged, i wish people weren't so hard on themselves and think their success or failure is due to purely personal responsibility! The economy is rigged, people need to come together and spread this message, hold the government to account. Thanks Gary! - a young man 👌🏾
@RAVS_73
@RAVS_73 16 днів тому
I'm about 75% of the way through your book, it's not bad!
@juliewake4585
@juliewake4585 16 днів тому
I’m hoping it will come out on payback soon as I struggle to read hardbacks! It’s definitely my intention though and I’m looking forward to it.
@WilliamAhlert
@WilliamAhlert 15 днів тому
@@juliewake4585 I heard it on audible start to finish and absolutely loved it to bits
@graceomalley4
@graceomalley4 15 днів тому
Love this message Gary. I don’t want to get rich. ‘Rich’ is a relative term. I just want security for me into my old age and to try to help my adult child to get the money to buy a house. Security. That’s my idea of rich.
@matthewdowd2030
@matthewdowd2030 5 днів тому
Just finished your book. Fantastic. Loved the writing style. Could picture the whole thing like it was playing out in-front of me. I appreciate your content on here too. Empathy. You have empathy for the people.
@Shamele55
@Shamele55 16 днів тому
Thanks Gary, I really needed to see this video today - wont be as hard on myself, will ease off…
@WilliamAhlert
@WilliamAhlert 15 днів тому
Mate this video made me feel so much better as well about my situation. You’re doing great mate - keep it up 👍🔥
@Afrobriit
@Afrobriit 15 днів тому
Yes! Be kind to yourself, the world is harsh as it is. Take care xx
@davideyres955
@davideyres955 15 днів тому
You should be hard on yourself if you want to progress. If you go easy the world won’t come to you, you have to go out and get it. No amount of tax is going to give you what you want. If you want a house, car etc put the time in. You may still not make it but if you don’t try you defiantly won’t.
@WilliamAhlert
@WilliamAhlert 15 днів тому
@@davideyres955 It's different if you have a thumb pushing down your prospects. Taxing the rich and reducing wealth inequality WILL make it easier to buy a house, because it will make prices come down. The rich will need to sell off their assets to pay the taxes if they taxes are agressive enough.
@WilliamAhlert
@WilliamAhlert 15 днів тому
@@davideyres955 You'll notice also, our economy is built so that if you don't work bloody hard, you die. So your advice is kind of null and void, really isn't it?
@jamiechilcott5348
@jamiechilcott5348 16 днів тому
One of the most important voices in the country right now. I hope you have a plan for when the machine comes for you.
@indiannajames8428
@indiannajames8428 15 днів тому
Living in a good society, is my definition of RICH, without it you are just running scared, look after the world around you, look after each other or we will or be the poorer for it.
@AlanSmith88888
@AlanSmith88888 21 годину тому
Love the honesty
@sukalite
@sukalite 16 днів тому
Just finished your book. Thank you for sharing. I came away thinking I just don’t have the metal fortitude to do what you did to “get rich”.
@tamsheikh
@tamsheikh 16 днів тому
Very honest
@Andyreally
@Andyreally 16 днів тому
Thanks Gary, I’m sharing this with friends and family, especially our children. The message at the end is everything.
@martywestywood6004
@martywestywood6004 16 днів тому
I keep saying to my friends that their kids are screwed, they don't seem to care(they all live at home still in their 20s and or are saddled with massive debt via loans and mortgages). They can't understand why I'm bothered, so I have given up. Bizarre!
@Darkondrago666
@Darkondrago666 16 днів тому
Thanks man, I needed to hear this. I’m 24, a civil servant and struggling to move out of my parents’. Lots of people my age seem to make way more than I do and it gets me down a lot
@yorkiesart
@yorkiesart 4 дні тому
I want to join you on your journey. You are the first person I have heard speak the truth about true inequality. Trading is gambling is a truth so often denied by the "masters of the universe "......Nice to hear it spoken. Good on you. When you decide to get into politics I will be proud to campaign for you.
@samburch
@samburch 16 днів тому
More people need to hear this in the UK
@LateForDinner-mn1hn
@LateForDinner-mn1hn 16 днів тому
I hope that people realize that everything that you are saying applies globally. It’s not just the UK or Europe or the United States or Canada or any high GDP country, it’s every one. The wealthiest people set up the economic and political systems to best suit themselves and they don’t do that as individuals but collectively. The only way for the ordinary people to counteract that is to act collectively. And a reminder also that it’s very very unlikely for everyone to win the lottery and get rich, but it’s very very possible to get comfortably well off through good government policies that prioritize expanding the middle class and reducing poverty.
@BiscuitGeoff
@BiscuitGeoff 16 днів тому
In the gold rush, the majority of the people who really made money were those selling picks and shovels, not those doing the digging. With trading, it's the platforms and the 'gurus', not those doing the digging.
@mella8298
@mella8298 9 днів тому
Gary Stevenson, you are a very special man. ❤️
@juliewake4585
@juliewake4585 16 днів тому
Have a rich dad. I wondered how you were going to answer this question Gary. (I have no desire to become rich btw) This response was brilliant. Well done for sticking to your principals. Let’s change the rules together: thanks Gary.
@bramvanduijn8086
@bramvanduijn8086 16 днів тому
I don't particularly want to be rich, but I would like to have a secure home. I am sick and fucking tired of bouncing from one improvised temporary rental housing fix to another similarly insecure solution. And each time they're much larger than I actually need or want, or they don't have the two things I do want: My own shower and the ability to cook a meal. (Just a hotplate and tiny fridge is enough, though an actual kitchen would be great.) I don't even mind that rent is high, I mind that it takes forever to find something you don't want for more money than it's worth, far away from all your friends. The lack of available housing strains social bonds by putting people farther and farther from their social network.
@juliewake4585
@juliewake4585 16 днів тому
@@ciararespect4296 that’s really not very funny is it?
@Jakkaribik1
@Jakkaribik1 9 днів тому
Try to get Rich With No Parents Help then you see if you Deserve More or Any From your Dad the Easy thing is getting Help From him without showing you deserve it.
@user-mh6ig2oc5j
@user-mh6ig2oc5j 16 днів тому
Such an important video, Gary. Thank you so much. As you explain: the idea of climbing up out of our social class has been deliberately fabricated by the wealthy; instead we need to pull together, to pull our whole class up.❤
@DrMattiLabbratt
@DrMattiLabbratt 16 днів тому
Exactly ❤
@uncletom1971
@uncletom1971 14 днів тому
I know! Eat dry bread with fake butter on, and drink only tap water, and save all the money you earn, also do not buy things you don't need. I know, because I've seen others on youtube to it, and it works! Now I'm rich!
@carlhenriksen3185
@carlhenriksen3185 16 днів тому
Gary, can you make a video discussing your thoughts on the World Economic Forum?
@briskyoungploughboy
@briskyoungploughboy 14 днів тому
WEF is a mere sideshow to draw fire from the IMF. IMF is the architect of austerity and enforcer of bullshit neoclassical economic orthodoxy that serves the owners (Wall Street, City of London, Frankfurt) of global dollar-denominated debt.
@iannoble
@iannoble 16 днів тому
Giving investing advice you'd also run the risk of leading a bunch of viewers to bet on the system failing and actually causing the problem to get worse! Thanks Gary, keep up the good work
@lissy4852
@lissy4852 16 днів тому
'Change the System, Tax the Rich' - we need that on a t shirt - brilliant video as always Gary
@StillLookingforTruth
@StillLookingforTruth 15 днів тому
Excellent talk - thank you. When you realize the game is rigged, then you can begin to appreciate all the truly valuable things in life- family, children, nature, the sea, sunsets, growing your own food and herbs, walks, fresh air- in other words, everything but money.
@williamdudleybass9302
@williamdudleybass9302 4 дні тому
Rough & brilliant! Some comments border on transcendence. So many people & groups of people get trapped in ideological rigidity. Easy to do so. Done it myself. We get caught up in seemingly endless arguments over capitalism versus socialism, arguments that go nowhere as they’re stuck in the past. Those are 18th & 19th Century terminologies & are anachronisms today in the 21st. I don’t have an answer, especially when one factors in deglobalization, shifts in demographics, AI & robotics, & increasing warfare & political instability. But all those damn isms from yesteryear just do not work. Plus throw in the uncertainty of climate disruptions & pandemics. And, getting rich by working together is iconic, Gary. For me that approach means being in service unto others as well as for one’s self; can’t really separate the two. Thank you.
@andrewlittlewood8057
@andrewlittlewood8057 16 днів тому
The most sense I’ve heard in 20 years, let’s hope the young can overcome the legacy media brainwashing and change things before it’s too late 🤞🏻👌🏻
@billB101
@billB101 16 днів тому
It's how you define rich ( in life ) really, it's not all about having tons of money.
@victorv1002
@victorv1002 15 днів тому
This guy is so inspiring just by speaking the truth and telling it how it is. He has touched on how important it is to keep unity and togetherness at the forefront of every single person who is struggling right now and believe in the power we would have to change our reality by focusing together on a common goal which is to change the system working against us which Gary explains so simply but so well. If we find the compassion, understanding and the will to help one another and stand up or ourselves the system will have to change. All the best to you Gary and thank you for being so open, honest and humble with your advice. Keep up the good work!
@vivdoolan6846
@vivdoolan6846 8 днів тому
I bought an 800 pound course and got a job with an inc 5000 US company doing sales , straight onto a 120k per year role .......sales is the best first route into wealth. I did it as a stop gap to finance my business. It worked, im still living off that income while i build out and staff my business. No business loan needed 😉
@lucapuzzoli8363
@lucapuzzoli8363 16 днів тому
I can see Gary is completely emotionless about money. That's why he had done extremely well.
@WilliamAhlert
@WilliamAhlert 15 днів тому
He was very emotional in his early life, the book goes into good detail on this. I guess when your job becomes money, the emotion comes out of the equation. But he wouldn’t be doing what he’s doing if he wasn’t passionate about ensuring the rest of society has money in the future
@davideyres955
@davideyres955 15 днів тому
@@WilliamAhlertwhen you have a lot of money you don’t have to worry about it. Plus traders are natural gamblers, a hell of a lot of them actually don’t make money with all the resources at their disposal. There’s been studies where they found it most of the traders do no better than random chance.
@WilliamAhlert
@WilliamAhlert 15 днів тому
@@davideyres955 And the whole 75% of traders lose money. There's traders and there's professional traders, and there's professional traders who last, aye. That's true. You get emotional about it it can screw you up
@1Downsy
@1Downsy 16 днів тому
Brilliant Gary, assessing wealth by how much money you have is a mugs game. As you say we can compete against them, they have wrapped up. Real richness comes with happiness and whilst money gives you options,it cannot buy happiness. Reframe what you have around and appreciate value. You may not have it tomorrow.
@saltaireorangebicyclechopp8555
@saltaireorangebicyclechopp8555 22 години тому
All so true, l worked all my life (46 years) to end up with an owned house, not much but l am so grateful when l look at kids prospects of that today. I became wealthy only after the death of my parents, house, cash, shares etc But l've got 3 kids.......all l can do is try to leave 3 houses....
@philipreed6893
@philipreed6893 8 днів тому
I really like your message to people that upward mobility is very difficult these days and it’s not the 1960’s and 70’s when economies were booming but Wealth also in the form of increasing wages were growing, can you speak about the stagnation of Wages when that began and it’s affect on living standards please
@rogermanvell4693
@rogermanvell4693 16 днів тому
One of your best videos.
@palmeraj70
@palmeraj70 16 днів тому
Less than two minutes in, and I'm delighted with this vlog already! I knew really, that THE answer wouldn't be forthcoming, but was much happier once I had confirmation ❤
@choppsiepacino8181
@choppsiepacino8181 13 днів тому
As Gary says … don’t fall into the trap of letting financial wealth define you. And, definitely don’t compare yourself to other people’s wealth (it’s often a lie). Youngsters are getting fooled on social media by people who do not have their interests at heart.
@Google_Does_Evil_Now
@Google_Does_Evil_Now 15 днів тому
If we work together then we can change the rules and make things better. They will try to divide us in clever ways, so be calm and ask yourself if they are using a division tactic. If so then ignore it and instead focus on changing the rules to make things better.
@brodyalden
@brodyalden 16 днів тому
Thanks Gary, I was really struggling to carve out a path to success for myself, but your video reframed things very helpfully for me. Ever since I tried having rich parents, it’s been win after win, and I’m very grateful. I think more people need to hear this message and try it for themselves.
@garyseconomics
@garyseconomics 16 днів тому
🤣😭
@jimmyadams208
@jimmyadams208 16 днів тому
😂😂
@ashleyprice190
@ashleyprice190 16 днів тому
Currently 50% through your book! From someone who started trading just over 12 months ago I’m finding it so interesting and relatable. Not to the fancy brokers lunch’s or huge sums of money but the terminology and likeminded confusion with how it works. Every time I hear a new nickname relating to the shape of someone’s head i have a chuckle 🤣. Keep fighting the fight Gary 💪🏼👏🏼
@MechanismBasics
@MechanismBasics 14 днів тому
I've just got back from a reunion of friends I went to university with 40 years ago. There was millions in wealth around that table yet most of us started on full grants because our parents were means tested and didn't meet the threshold for paying tuition and fees. That was based on the post-WW2 collectivism that brought in the NHS and quality (higher) education for all and it worked. I coincidently made the last payment on my mortgage today, which was only possible because I started out being sponsored by the UK tax payer. That system worked and needs to be rebuilt by taxing the rich (including myself and my friends) and reinvesting in the next generation.
@nicholaskouyoumdjian9392
@nicholaskouyoumdjian9392 14 днів тому
For such a young bloke, you talk a lot of sense.
@zawarshah508
@zawarshah508 16 днів тому
The property game is about when you were born. In the early 1980's ordinary people with normal jobs could buy houses. Today as you say your parents have to be rich for there children to make it. The system is designed to keep the masses poor. Your doing a good job in highlighting the issues for poor people 👏 the rules will never be easy to change. I hope you succeed in trying to change the system. I won't be holding my breath sadly 😔. The system won't be easy to change. The working class need to stick together to change the system but they won't sadly. Keep up the good work trying to educate the masses.
@dellwright1407
@dellwright1407 16 днів тому
Apparently house buying was even better in the 1960s
@zawarshah508
@zawarshah508 15 днів тому
@dellwright1407 yes they were my father bought a house in acton London W3 for £1,830 pounds back in 1964. Apparently money was worth having back then a little went a long way. I have seen in my lifetime that houses that ordinary people could buy and were affordable are beyond the reach of the average person. As time goes on. The workers will become poorer and poorer sadly. The ratio of rent being paid compared to salary it's taking up to 60% of poorer people's salary. There has to be massive house building program for affordable housing. And a cap on immigration to max of 50k per year. Building more housing will help but you need to tackle immigration. With better education for the state schools. To help the poor kids. Taxes need to go up. Top rate needs to go to 60% the extra taxes need to be ringed fenced for housing and education and health. The older people on pensions need to be safe guarded against inflation. And fuel poverty. Society has become very unjust. The government's have starved the education sector for many years. Why can't state schools provide the right people for the jobs that can't be filled. ?
@tomstopper5281
@tomstopper5281 16 днів тому
The point is not just about being rich. Most of us would be happy to have enough to get the basic things in life.
@JurgenFlop
@JurgenFlop 11 днів тому
Hi should I go for the audiobook version or the book?
@MauveHarris
@MauveHarris 7 днів тому
You could invest in stocks, start a side business, or focus on advancing your career. It's important to set goals and make a plan. Remember, wealth can mean different things to different people, One thing i can say that helped me in life to reach my first million was starting early, i got curious and informed i became open to passive income, investments in equities, etfs and the likes. also sought help to handle my portfolio which was my foundation. i'm ever grateful to Anna Rounds Fay my FA
@EricJohnsonFL
@EricJohnsonFL 7 днів тому
That’s some good values. sounds like you got something going for you
@HarryWalter77
@HarryWalter77 7 днів тому
Did a quick search and found her webpage. I must say her resume is pretty impressive. will be writing her.
@KimberHart
@KimberHart 7 днів тому
I started investing when I was 37, mostly through sweat equity. I just turned 45 and this last month was the first time that my passive income from stocks broke $100k for the month. This is solid advice! DO IT!
@MellisaAdam
@MellisaAdam 7 днів тому
she has a pretty decent bio.
@walknwander
@walknwander 7 годин тому
Thanks for sharing your wisdom. A lot of jewels in these words.
@Sock1122
@Sock1122 16 днів тому
10:20 can really feel the passion coming through
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