Speaker 1: What if I told you the way you've been taught
Speaker 1: to save an invest is actually keeping you broke. You know,
Speaker 1: the wealthy don't play by those rules. Instead, they've mastered
Speaker 1: a system that turns every one dollar into five, or
Speaker 1: into ten or even twenty dollars over time. Now, while
Speaker 1: most people let their money sit idle, losing value every second,
Speaker 1: the rich have unlocked a hidden wealth engine. It's a
Speaker 1: system that grows their money exponentially without working harder or
Speaker 1: cutting back. So today I'm going to pull back the
Speaker 1: curtain on this powerful strategy. I'm going to show you
Speaker 1: how to use it to make your money work harder
Speaker 1: than you ever could. And by the end of this video,
Speaker 1: you'll know exactly how to invest one dollar into three, five,
Speaker 1: or even ten investments, turning your dollars into unstoppable wealth. Now,
Speaker 1: my name is Mark Moss. I've built and invested businesses
Speaker 1: through now three Booma Bus markets. I've exited two of
Speaker 1: them for high value exits. I'm a partner at a
Speaker 1: leading venture capital tech fund, and I've coached thousands of
Speaker 1: people on leveraging these exact strategies to build wealth and
Speaker 1: time freedom. So let's go all right, So the wealthy
Speaker 1: are playing a different game. Look, before we get into
Speaker 1: the wealthy game, let's think about what game you're playing. Now.
Speaker 1: You've seen me probably use this graphic before if you
Speaker 1: watch my videos on a regular basis. And the premise
Speaker 1: of this that you have to just grasp this premise
Speaker 1: before we get into the rest of this, is that
Speaker 1: if I came over to your house with a game,
Speaker 1: a board game, let's say, and I said, hey, let's
Speaker 1: play this board game, and you've you've never seen the
Speaker 1: board game, Well, you'd want to know, like, well, what's
Speaker 1: the objective of the game, what's the strategy of the game,
Speaker 1: what are the rules of the game, who are the
Speaker 1: players of the game? Where the mechanics of the game.
Speaker 1: All these things right, you have to figure those out
Speaker 1: before you could play the game. And imagine if I'd
Speaker 1: been playing this video game, Call of Duty or whatever,
Speaker 1: I've been playing this game for years and you've never
Speaker 1: have wouldn't you imagine that I would have some tips
Speaker 1: and tricks and strategies that you wouldn't understand. Okay, so
Speaker 1: keep an open in mind as we go about this. Now,
Speaker 1: First of all, what game are you playing? Because you've
Speaker 1: been told this mantra your whole life of go to school,
Speaker 1: get good grades, get a good job, save for retirement.
Speaker 1: Now it's not that you've been told out your whole life.
Speaker 1: We have some of the most famous money managers, financial
Speaker 1: gurus like Dave Ramsey telling you this stuff, that we
Speaker 1: should do things a certain way. Let's play this first
Speaker 1: clip from Dave Ramsey.
Speaker 2: The debt snowball. You list your debts smallest to largest.
Speaker 2: You pay minimum payments on everything but the little one.
Speaker 2: You attack the little one with a vengeance. Scorched earth lifestyle,
Speaker 2: sell so much stuff the kids think they're next. Take
Speaker 2: sixteen extra jobs. We're getting out of debt. All right.
Speaker 1: So what Dave Ramsey again, probably the number one financial
Speaker 1: guru millions of people, tens of million, millions of people
Speaker 1: are listening to him, is debt is bad. Don't have debt.
Speaker 1: If you have debt, get rid of your debt as
Speaker 1: fast as possible. Okay. Now, look that's not a bad strategy. Okay.
Speaker 1: I call debt like fire. Now, fire is very useful
Speaker 1: and it's very important. I use fire to warm up
Speaker 1: my house, fire to cook my food. But I could
Speaker 1: also burn my house down. Now, kids, shouldn't play with
Speaker 1: fire because they don't know how to manage fire. They
Speaker 1: could burn the house down. But as you grew up
Speaker 1: as to be an adult, you learn how to cook
Speaker 1: with fire and warm your house, warm your water. Now,
Speaker 1: what Dave Ramsey is saying is that he thinks you're
Speaker 1: a baby and you shouldn't play with fire. You shouldn't
Speaker 1: play with debt. But as we grow up, the rich,
Speaker 1: the wealthy, they play a different game. They leverage debt.
Speaker 1: We're going to talk about that in a second. Now,
Speaker 1: let's play this other clip of Dave Ramsey again. This
Speaker 1: is traditional advice that tens of millions of people are following.
Speaker 1: Let's play this clip.
Speaker 2: The best thing I can do is get you to
Speaker 2: save money. If I can get you to do your
Speaker 2: roth iras, get you to do your four to one case,
Speaker 2: get you out of debt so that you can do that,
Speaker 2: Get your emergency fund in place so you don't go
Speaker 2: and cash the stupid thing out once it's going. Keep
Speaker 2: you investing in, investing in investing in investing in investing
Speaker 2: in investing in investing in investing in investing. If I
Speaker 2: can do that for you as your teacher, all.
Speaker 1: Right, So what everyone's favorite wealth guru is saying is
Speaker 1: just save, save, save. If I can tell one person
Speaker 1: one thing, all you have to do is just save, save,
Speaker 1: save forget everything else. Just save, save, save. Not just
Speaker 1: saving your bank account. He's saying to save in either
Speaker 1: an index fund like the S and P five hundred index,
Speaker 1: or into mutual funds. Okay, so let's just take this
Speaker 1: advice one, never use debt number two, save safe, save
Speaker 1: number three, put it into S and P five hundred
Speaker 1: or mutual funds. Why doesn't that work? Well, let me
Speaker 1: show you why it doesn't work. Now. What happens is
Speaker 1: you follow his vice, You work for forty years, you
Speaker 1: save safe, save into your index fund or your mutual fund,
Speaker 1: and on paper, when you look back forty years later
Speaker 1: at your statements, you're like, oh my gosh, I'm rich.
Speaker 1: I started with fifty thousand, now I have two million dollars,
Speaker 1: five million dollars whatever. But I don't feel more rich.
Speaker 1: Why does it feel like my quality of life actually
Speaker 1: went down? And here's why. This is a chart showing
Speaker 1: the S and P five hundred, your index fund, and
Speaker 1: the global liquidity, or basically the amount of money that's
Speaker 1: created in the world. What we can see here is
Speaker 1: the orange line being global equity. The black line is
Speaker 1: the S and P five hundred. And what you can
Speaker 1: see is that the stock market the real estate market
Speaker 1: are basically perfect proxies for inflation. As the money supply grows,
Speaker 1: the S and P five hundred and your home goes
Speaker 1: up in value at about the same rate. So on paper,
Speaker 1: it looks like that, but you've heard the term like
Speaker 1: it's a million dollars, but adjusted for inflation, it's really
Speaker 1: twenty thousand, right, So what happens is it's going up
Speaker 1: with the rate of inflation. Now this is the S
Speaker 1: and P five hundred. Now you're getting the mutual funds
Speaker 1: like the Ramsey talks about, and you're getting eaten in
Speaker 1: live by fees. A lot of times, your advisor, your
Speaker 1: fund administrator might get two thirds of the amount of
Speaker 1: profit in fees and you get what's left over. So
Speaker 1: that's why it doesn't work. Now I want to show
Speaker 1: you one more chart, and we'll talk about what you
Speaker 1: should be doing. But I want to show you another chart,
Speaker 1: and this is the S and P five hundred. Now
Speaker 1: it's adjusted. We can price the S and P five
Speaker 1: hundred dollars or in bitcoin, or in oil or gold,
Speaker 1: or you want it in or oranges or rice. And
Speaker 1: this is priced in the basket of commodities, the CRB.
Speaker 1: It's the biggest to most commonly use basket of commodities
Speaker 1: real things. What we can see is the S and
Speaker 1: P five hundred made a high here in the year
Speaker 1: two thousand and as of today, it's never made a
Speaker 1: new all time high. As a matter of fact, priced
Speaker 1: in real things, commodities, things you need, it's down twenty
Speaker 1: two percent since the year two thousand. That means the
Speaker 1: price of commodities real things, rice, gold, oil, energy, things
Speaker 1: have gone up. You've lost twenty two percent of your
Speaker 1: prisoning power if you sat in the SFP of five
Speaker 1: hundred versus what the cost of things are today. Not good. Now, again,
Speaker 1: the wealthy have their own set of rules they play
Speaker 1: with and they have a hack. And that's what we're
Speaker 1: going to talk about today is the wealth hack. Okay, Now,
Speaker 1: I call this the velocity of wealth. Now, this concept
Speaker 1: is a concept I've taken from one that we use
Speaker 1: in economics, and it's called the velocity of money. So
Speaker 1: when you hear about economists talking about the economy, like
Speaker 1: in the year twenty twenty, during the pandemic, the velocity
Speaker 1: of money slowed down. That's the problem. They want to
Speaker 1: get the velocity back up. So here's the velocity of money.
Speaker 1: From an economic terms, the velocity of money is the
Speaker 1: amount of money going through the GDP. So basically what
Speaker 1: this means is the GDP is the gross domestic product
Speaker 1: of the economy. It measures the economy how much productivity
Speaker 1: or how much wealth is created in the economy. So
Speaker 1: if I give one dollar to the tire repair shop guy,
Speaker 1: and the tire repair shop goes and gives the dollar
Speaker 1: to his supply guy, and the supply guy goes and
Speaker 1: gives the dollar to the taco guy, well that's one, two,
Speaker 1: three dollars of economicivity, three dollars of GDP, but only
Speaker 1: one dollar actually went through that. So it measures how
Speaker 1: fast one dollar moves through an economy. And for economists, again,
Speaker 1: the faster a dollar moves to the economy, the better. Right,
Speaker 1: when we're spending, spending, spending, those dollars are moving really fast,
Speaker 1: that's good. During the pandemic, everybody hoardes, nobody spends, and
Speaker 1: it slows down. That's really bad. So we use that concept,
Speaker 1: but we can adopt it for our own wealth using
Speaker 1: the velocity money. How fast can we get one dollar
Speaker 1: to move through three, five, or ten investment. The slower
Speaker 1: your money moves through your investments, the worse it is.
Speaker 1: Just like in the economy now, the poor they use
Speaker 1: money this way. The poor use money to do one
Speaker 1: Job's what Dave Ramsey's telling you. Never use debt. Just save,
Speaker 1: get one dollar, put it into account and leave it there.
Speaker 1: Your dollar's doing one job. It's sitting in a fund,
Speaker 1: and that's it. That's what the poor do. But the
Speaker 1: wealthy they build wealth engines and they red those up
Speaker 1: so they get their money. They build an engine, and
Speaker 1: they're trying to get their wealth to go faster and
Speaker 1: faster instead of doing the one job. Like Dave Ramsey's
Speaker 1: talking about. All right, so what are these wealth engines?
Speaker 1: And how can you build one? It's really not that
Speaker 1: hard now if you really want to know how I'm
Speaker 1: building these, and you can build out two, three or
Speaker 1: four of these like right away, Like in months, I'm
Speaker 1: going to be doing a three day live event. I'm
Speaker 1: gonna be live in this studio for three full days
Speaker 1: and I'm gonna be teaching you all the good stuff,
Speaker 1: all the best on how to reclaim more of your time,
Speaker 1: how to accelerate your wealth through these wealth assets and
Speaker 1: these engines, and how to keep more of the wealth
Speaker 1: that you create using some of these strategies. If you'd
Speaker 1: like to come check it out. Like I said, I'll
Speaker 1: be going live from this studio. I'm going to teach
Speaker 1: all of this too. I'm not holding anything back. I'm
Speaker 1: going to give it all to you, actual strategies. There's
Speaker 1: a link down below or on the screen right here.
Speaker 1: Check it out the Wealth Accelerator event. If you want
Speaker 1: to accelerate wealth INN twenty twenty four, check out that event. Okay, Now,
Speaker 1: let me give you three different terms that you need
Speaker 1: to know, and then I'm going to actually draw some
Speaker 1: them out for you. I show you some numbers. Okay.
Speaker 1: So number one is leveraging assets. So we need leverage.
Speaker 1: Lever is like if I have a lever long enough,
Speaker 1: I can move the world. Leverage is like fire. It
Speaker 1: can be dangerous, it can do great things, it can
Speaker 1: be bad. So we have to learn about leveraging assets
Speaker 1: number one. Number two we have to learn about arbitrage.
Speaker 1: That means I can get something from one market and
Speaker 1: take it to another market and make more money. I
Speaker 1: can buy something here in the United States, drive it
Speaker 1: down to Mexico and sell it for more money. Buy
Speaker 1: in one market, selling I can buy on Aldi Baba
Speaker 1: and China, and I can sell on Amazon in the
Speaker 1: United States. So we want to learn out arbitrage, and
Speaker 1: then we want to learn how to manage cash flows,
Speaker 1: manage debt, and equity in our investments. So these are
Speaker 1: the terms that we have to learn. Hopefully that makes
Speaker 1: sense to you. Now, let me show you a couple
Speaker 1: examples of how we can do this. So I'm going
Speaker 1: to draw some out and then I'm going to show
Speaker 1: you some actual data. So for example, I have one dollar.
Speaker 1: Now I can take this dollar and I can put
Speaker 1: it into an account that, let's say makes me five
Speaker 1: percent forever. So as long as that dollar sits there,
Speaker 1: it's making me five percent over time. So that dollar
Speaker 1: is now doing one job. I'm making five percent, like
Speaker 1: sitting in a treasury, like in a dividend stock. Okay,
Speaker 1: but what if I wanted to go faster, Well, what
Speaker 1: I could do is I could borrow that money out,
Speaker 1: that one dollar back and to get that dollar back,
Speaker 1: I have to pay interest. So let's say that I
Speaker 1: have to pay five percent interest to borrow the money.
Speaker 1: So I'm making five percent on the dollar. But then
Speaker 1: when I borrow it, I also have to pay five percent.
Speaker 1: And not only do I have to pay five percent interest,
Speaker 1: I also have to pay back the principle of the
Speaker 1: one dollar. But how would that make me any money? Well,
Speaker 1: it's because the interest moves non interrupted and exponential, while
Speaker 1: this moves linear. So that'd be job number one. I'm
Speaker 1: gonna break this map down for you number two. Now
Speaker 1: I have this money I've borrowed out, I can put
Speaker 1: it into another asset. I could put it into a
Speaker 1: piece of real estate that's making me, you know, somewhere
Speaker 1: between eight to fifteen percent. I could put it into
Speaker 1: an asset like bitcoin that's making me sixty percent. I
Speaker 1: could put it into my business where I buy some
Speaker 1: new equipment and that makes me one hundred percent. So
Speaker 1: now I'm making five percent. I've got the money back out,
Speaker 1: and now I'm in another asset making me sixty percent
Speaker 1: or I e. Eight ten one hundred percent? Does that
Speaker 1: make sense? Now I can keep going a small business owner?
Speaker 1: Are you buried in all types of work, keeping you
Speaker 1: from the real thing that makes you money. Well, that's
Speaker 1: where just Works comes in. They're the all in one
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Speaker 1: the workload and forevery how do I do it? Question?
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Speaker 1: proprietor or a team of twenty. Just Works empowers all
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Speaker 1: So now I put into bitcoin, I borrow it out,
Speaker 1: and then I put it into my business. That business
Speaker 1: now makes me money, and I put it into real estate.
Speaker 1: So we can mix and match and we can stack
Speaker 1: these as. Now, the order in which we stack them
Speaker 1: is very important, because some of them get me better
Speaker 1: tax treatment. Some of them are more liquid, and we'll
Speaker 1: talk about that. But let me show you a couple
Speaker 1: examples so you can understand how the numbers work, because
Speaker 1: I get it like this sounds really weird, So let
Speaker 1: me give you an actual example. So if I were
Speaker 1: to take one dollar and put it in an account
Speaker 1: and earn five percent, Okay, now we're going to use
Speaker 1: fifty thousand. And if I put fifty thousand into account,
Speaker 1: that's earning five percent, but it's compounding, so it's earning
Speaker 1: interest on the interest on the interest of year. And
Speaker 1: I'm gonna let that fifty thousand sit in account for
Speaker 1: only seven years, not that long seven years, that fifty
Speaker 1: thousand turns into sixty seven thousand dollars. Now, as soon
Speaker 1: as I put the fifty thousand in the account, I
Speaker 1: also borrowed the fifty thousand back out, and I'm paying
Speaker 1: five percent and I'm earning five percent. But here's what happens.
Speaker 1: I'm not only am I again paying the interest, I'm
Speaker 1: paying the debt back. So over the same seventy two
Speaker 1: months period, I've now paid the fifty thousand dollars back,
Speaker 1: but it cost me money. So about fifty thousand now
Speaker 1: cost me fifty seven thousand, nine hundred and seventy seven dollars,
Speaker 1: So it cost me seven thousand dollars in interest, plus
Speaker 1: I paid the fifty thousand back and now at the
Speaker 1: end of the seven years, I have a net gain
Speaker 1: of almost ten thousand dollars. As a matter of fact,
Speaker 1: it's nine thousand and twenty seven dollars. So by doing this,
Speaker 1: by if I put fifty thousand in, made five borrowed
Speaker 1: it back out, I came up nine thousand, almost ten
Speaker 1: thousand dollars difference. Now this is a picture that I
Speaker 1: put on Instagram and Twitter just about a week ago.
Speaker 1: This is my daughter. A Happy birthday to my daughter.
Speaker 1: I went and I got her a new car, and
Speaker 1: I had option one. The reason why I put fifty
Speaker 1: thousand is it was a new Bronco and I had
Speaker 1: option one. Should I pay cash for the car? I
Speaker 1: have no debt, I have no interest, like Dave Ramsey
Speaker 1: would recommend. Or I could take the fifty thousand dollars
Speaker 1: and buy something else with it and then instead get
Speaker 1: a loan for the car. So the dealer offered me
Speaker 1: as I said, zero down, four point nine percent interest
Speaker 1: for five years. So why not borrow that and pay
Speaker 1: the interest five percent? This is a real example and
Speaker 1: instead buy an asset that's going up by more than
Speaker 1: five percent, like bitcoin. So that's what we did. I
Speaker 1: went ahead and did that, and let me show you
Speaker 1: some math of how this works, an actual real example
Speaker 1: if we start stacking these. So now I have the
Speaker 1: initial investment of fifty thousand, It goes into an account
Speaker 1: earning five percent. Right now, I borrow the fifty thousand
Speaker 1: back at five percent rate. So now I have the
Speaker 1: fifty thousand back, and then I invest the borrowed fifty
Speaker 1: thousand into Bitcoin. So I'm putting it into Bitcoin assuming
Speaker 1: that it's going to go by fifty percent per year.
Speaker 1: Now it's been going up by sixty percent a year
Speaker 1: over the last four years. It's going to four thousand
Speaker 1: percent a year if I go back further. But just
Speaker 1: the last four years has gone up about sixty percent.
Speaker 1: So let's take it down to fifty percent. So then
Speaker 1: I purchase a fifty thousand dark car with a loan
Speaker 1: at five percent interest rate advertise over the five years.
Speaker 1: So it's what I did, breaking down the math for you. Now,
Speaker 1: the interest rates and investment returns remain constant over this
Speaker 1: investment period. Loan payments are made monthly compound and investment
Speaker 1: returns occur only. So this is what I'm expecting over
Speaker 1: the course of five years and how this works out.
Speaker 1: So what we do now is we have our money
Speaker 1: doing multiple jobs and you can see that our net
Speaker 1: gain is now almost seven hundred thousand dollars. So Option one,
Speaker 1: I could have paid cash for the car. I had
Speaker 1: the cash, I could have done that. That's what Dave
Speaker 1: Ramsey would tell you do. Option two. I put the
Speaker 1: money in, I borrowed it back out. I borrowed the money,
Speaker 1: I put it into another asset. And now we're talking
Speaker 1: a difference of about seven hundred thousand dollars. Let me
Speaker 1: break down how that math works for you. So the
Speaker 1: financial outcomes in this given scenario, the future value of
Speaker 1: account number one. I put the fifty thousand in, I'm
Speaker 1: e running five percent compound, and we'll growthreate over six
Speaker 1: years I pay, I earn that fifty thousand goes into
Speaker 1: sixty seven thousand dollars. The future value of bitcoin investments
Speaker 1: at the fifty percent compound an a growth rate is
Speaker 1: now five hundred and sixty total repayment for the loan
Speaker 1: the fifty k five percent interest because I have to
Speaker 1: pay that money back that I borrowed cost me a
Speaker 1: fifty seven thousand or seven thousand interests. The total repayment
Speaker 1: of loan number two, the car forty K ten percent
Speaker 1: interest to for five years is fifty thousand, but the
Speaker 1: net gain is now over half a million dollars. I
Speaker 1: have to pay the debt back half a million dollars.
Speaker 1: I'm ahead instead of just paying cash for the car.
Speaker 1: Do you see how this works? Now, this is only
Speaker 1: going to two jobs or three jobs, but imagine when
Speaker 1: I go to four jobs, five jobs, six jobs, seven jobs,
Speaker 1: ten jobs. You can see how instead of buying cash
Speaker 1: like Dave Rams said, for a fifty car, now I
Speaker 1: could have six hundred thousand, eight hundred thousand, a million
Speaker 1: dollars very easily. And we haven't even got into the
Speaker 1: tax of benefits of doing this now. Really, this takes
Speaker 1: into a couple things into account. Number one, the law
Speaker 1: of compounding. It's why I can put fifty thousand and
Speaker 1: pay and earn five percent, borrow fifty thousand and pay
Speaker 1: five percent, but still come out ahead because of the compound,
Speaker 1: which means I earn on top of what I earn
Speaker 1: on top of what I earn on top of what
Speaker 1: I earn. It's what Einstein called the eighth wonder of
Speaker 1: the world. He said, those who know what it is
Speaker 1: receive it, and those who don't know what it is
Speaker 1: they pay it. Now you don't want to be paying it,
Speaker 1: so it's nonlinear. Most people think wealth grows like this.
Speaker 1: Instead it's exponential and even better, all of this is
Speaker 1: tax advantage. You see, when I took Dave Ramsey's device
Speaker 1: and paid the fifty thousand for the car, I had
Speaker 1: to pay tax on that money. So in California, I
Speaker 1: needed one hundred thousand dollars pay the tax on fifty thousand,
Speaker 1: and I have fifty thousand left over. But in the
Speaker 1: other example, every time I get the money back, I
Speaker 1: don't have to pay tax. So now my money's growing
Speaker 1: faster and faster and faster. Now I already know what
Speaker 1: you're saying. I can hear the grumbling. You guys are
Speaker 1: already leaving comments before I've even gotten there. But Mark, Mark,
Speaker 1: isn't this super risky? It sounds really risky. I mean,
Speaker 1: what if I can't afford to pay, and what if
Speaker 1: the value of the real estate or the business or
Speaker 1: the bitcoin goes down and what if it sounds really risky, Mark,
Speaker 1: Sure it is risky, but here's what I have to
Speaker 1: say about that. We understand what the risk is, we
Speaker 1: understand the potential risk that could pose to us, and
Speaker 1: then we learn to mitigate those risks. It's what I
Speaker 1: say that the risk is in the investor, not the investment.
Speaker 1: Let me give you an example here. If someone asked
Speaker 1: me I'm a surfer, they say, hey, Mark, what's the
Speaker 1: best wave I should surf? I'd say, well, Pipeline and
Speaker 1: Hawaii is the best wave. But here's the thing. If
Speaker 1: you've never surf before, you certainly should not go out there, right,
Speaker 1: You'll probably die. But yet there's hundreds of people out
Speaker 1: there every day that don't die. It's because they've learned
Speaker 1: how to mitigate the risk. They've learned how to hold
Speaker 1: their breath for a long period of time. They go
Speaker 1: out there with safety equipment of a vest and a helmet.
Speaker 1: They may bring a partner out there on a jet ski.
Speaker 1: They've also worked their way up from when waves are
Speaker 1: tiny all the way to big over years and years
Speaker 1: and years. So they learn how to manage these situations.
Speaker 1: And so are these things risky? They do carry risk,
Speaker 1: you can learn to mitigate them. So, for example, number one,
Speaker 1: if you have debt, that means there's probably payments, and
Speaker 1: so you can sure how am I going to make
Speaker 1: those payments. There's a couple of ways that you can
Speaker 1: do this. Number One, you should have income, so you
Speaker 1: should have a job covering that covering that income. Number Two,
Speaker 1: when you borrow money, you could borrow more than you
Speaker 1: need to put into the interest serve account. So for example,
Speaker 1: when I was building real estate, I built this building
Speaker 1: that we're in here right now, I would borrow hard money.
Speaker 1: The bank would give me a million dollars or in
Speaker 1: this case, like seven million dollars to build this. Now
Speaker 1: I couldn't make the payment on the seven million for
Speaker 1: a year, so I'd borrow extra money that I would need,
Speaker 1: and that money would sit into what's called an interest
Speaker 1: reserve account, and then they would just pull from the
Speaker 1: interest of account directly to make the loan. So there's
Speaker 1: ways that we can mitigate this. And these are the
Speaker 1: strategies that you have to grow into. Now. The goal
Speaker 1: is not to just go from one to ten investments overnight,
Speaker 1: but if you take the right strategy, you implement the
Speaker 1: right way, and you account for the risks, then you
Speaker 1: can manage this properly. Now, this really is about do
Speaker 1: I want to play the game because I like to
Speaker 1: play the game, or am I playing to win the game?
Speaker 1: There's a big difference in that, And what I would
Speaker 1: say is that this is if you want to play
Speaker 1: to win, if you want to be like Dave Ramsey
Speaker 1: and work in a cubicle for forty years and get
Speaker 1: your two weeks offcation and save without ever taking dead
Speaker 1: and put that money into an account like the S
Speaker 1: and P five hundred that I showed you, is not
Speaker 1: actually making you any more wealthy. You can play the game,
Speaker 1: that's what most people do. But if you want to
Speaker 1: play to win the game, most people could win the
Speaker 1: game being financially free in less than ten years. And
Speaker 1: the thing is is that I think it was Bill Gates.
Speaker 1: He said that most of us tend to overestimate what
Speaker 1: we can get done in a year, but we underestimate
Speaker 1: what we can get done in ten. And that's exactly
Speaker 1: what I'm talking about. So right now everyone's chasing meme
Speaker 1: stocks or crypto coins or option strategy. I need to
Speaker 1: get rich in six months, and they don't instead of thinking, hey,
Speaker 1: if I start building this type of a strategy today,
Speaker 1: in probably four or five six years, I could achieve
Speaker 1: my goal. And this is taking this long term advantage because,
Speaker 1: as this said, the game is exponential. It might start small,
Speaker 1: but then it starts growing really really fast when you
Speaker 1: build this wealth engine and the engines start going faster
Speaker 1: and faster and faster. Enough. This sounds complicated, it's not,
Speaker 1: but there's a lot of intricacies as to how you
Speaker 1: would apply this based off of your skill set which
Speaker 1: you have experience in, and how you mitigate the risk
Speaker 1: based off your personal circumstances. So if you'd like to
Speaker 1: learn more about how to build these how the wealthy
Speaker 1: do this, then come check out my live event. It's
Speaker 1: called the Wealth Accelerator. It's about kicking off twenty twenty five. Right,
Speaker 1: We're going to talk about reclaiming more of your time
Speaker 1: almost instantly. I want keeping more of the wealth that
Speaker 1: you create instead of giving so much way to taxes.
Speaker 1: Then once you have more time and you have more income,
Speaker 1: then how do I multiply that wealth using wealth ins
Speaker 1: and strategies just like this to make twenty twenty five
Speaker 1: and really hit your goals before twenty thirty. Check it out.
Speaker 1: There's a link down below if you'd like to come
Speaker 1: check it out. Otherwise, take this information, use it. You
Speaker 1: can listen to Day of Ramsey, but you'll end up
Speaker 1: like everybody else. If you want to go somewhere different,
Speaker 1: you gotta use different strategies, all right, That's what I got.
Speaker 1: Let me know what you think about this down on
Speaker 1: the comments down below. Is it too risky or can
Speaker 1: you mitigate that risk? Say yes or no down below,
Speaker 1: And that's what I got. All right, to your success,
Speaker 1: I'm out.