how to make money in your sleep (investing guide 2024)

Summary

This video script offers a five-stage guide to investing, tailored to different financial capacities. It emphasizes the importance of investing in skills when starting with less than $11,000, then progressing to index funds like the S&P 500 for those with modest savings. As income grows, the script advises on diversifying into higher-risk assets like crypto and individual stocks. The final stages focus on wealth protection and preservation, highlighting the significance of personal growth and investment as the ultimate asset.

Takeaways

• 💰 The wealthiest people have discovered a way to make money work for them, often through investments rather than traditional employment.
• 📈 For beginners with less than $11,000, traditional investing like stocks and crypto is not recommended due to the low potential returns on small investments.
• 🚀 Instead, those with limited funds should focus on high ROI assets they can control, such as their skillset, to accelerate wealth growth.
• 💼 The speaker suggests investing in personal development platforms like Digital Launchpad to learn from experts and grow one's skills exponentially.
• 🔑 Investing is about allowing money to grow over time, and the key to success is to invest consistently and ignore short-term market fluctuations.
• 🔢 The five stages of investing are tailored to different income levels and savings, with each stage having specific strategies for maximizing ROI.
• 🏦 Stage two focuses on building financial foundations through regular investments, like in index funds, despite having a modest income.
• 🌐 The power of compound interest is emphasized, showing that even small, consistent investments can lead to millionaire status over time.
• 💡 It's crucial to have an emergency fund and understand one's risk tolerance before investing, ensuring that only money one can afford to lose is at risk.
• 🏦 Stage four involves more aggressive investing with higher income, including options like crypto and individual stocks after solidifying the habits from earlier stages.
• 🛡 Stage five is about wealth protection and risk management, with a diversified portfolio including real estate and bonds for preserving wealth.

Q & A

What is the main premise of the video script regarding wealth accumulation?

The main premise is that the wealthiest people have discovered a way to make their money work for them, often through investments, rather than working for their money.

What does the speaker suggest for individuals with less than $11,000 to invest?

The speaker suggests that individuals with less than $11,000 should not invest in traditional assets like stocks, shares, or crypto, but instead focus on high ROI assets they can control, such as their skill set.

What is the definition of investing provided in the script?

Investing is defined as allowing your money to work for you and make more money, typically by buying something for a lower price with the expectation of selling it for a higher price in the future.

How many stages of investment are outlined in the script?

There are five stages of investment outlined in the script, each corresponding to different levels of financial capability and investment strategies.

What is the recommended investment strategy for someone in stage one with limited funds?

For stage one, the recommendation is to invest in one's own skills, such as through courses like Digital Launchpad, to increase personal value and income potential rather than traditional financial investments.

What is the significance of the S&P 500 in the context of stage two investments?

In stage two, the S&P 500 is recommended as a simple and relatively safe investment vehicle that allows for dollar-cost averaging and long-term growth through the compound interest effect.

What is the importance of having an emergency fund before starting to invest?

Having an emergency fund of 3 to 6 months' worth of necessities is important to ensure financial stability and to avoid having to liquidate investments prematurely in case of unexpected expenses.

What is the role of compound interest in the investment strategy described in the script?

Compound interest plays a crucial role in the long-term growth of investments, especially in stage two, where consistent investing over time can lead to substantial wealth accumulation.

What is the advice for investors in stage four who have a higher income and more capital to invest?

Stage four investors are advised to take on more risk and diversify their investments, including into assets like crypto and individual stocks, while still maintaining a focus on building long-term wealth.

Why does the speaker emphasize the importance of investing in oneself?

The speaker emphasizes self-investment because personal skills and abilities are considered the most valuable assets, with the potential for exponential returns on investment compared to financial assets alone.

What is the role of risk tolerance in the investment journey described in the script?

Risk tolerance is a key factor in determining the types of investments one should make and the amount of money one should allocate to those investments, ensuring that potential losses do not create financial hardship.

What is the purpose of stage five in the investment journey?

Stage five is focused on risk management and wealth preservation, involving diversification into assets like real estate and bonds, which are more stable and less risky than earlier-stage investments.

Outlines

00:00

💰 Wealth Creation Through Investment

The speaker introduces the concept that the wealthiest individuals have discovered a method to generate money without working for it, by investing wisely. They emphasize the importance of learning to invest correctly, especially for beginners with limited capital. The speaker outlines five stages of investment, tailored to different financial situations, and warns against traditional investment methods for those with less than $11,000, suggesting instead a focus on high ROI assets within one's control.

05:02

🚀 Building Skills for High ROI

This paragraph focuses on the idea that when one has a limited amount of money, the best investment is in oneself, specifically in skills that can generate income. The speaker promotes a platform called 'Digital Launchpad' as a means to learn from experts and build a valuable skillset. They argue that the return on investment in personal development is exponential and recommend spending money on learning practical skills like content creation or coding, which can lead to higher income and better investment opportunities in the future.

10:04

📈 The Power of Compound Interest and Long-Term Investing

The speaker discusses the importance of investing in stages, starting with building financial habits that set a foundation for wealth creation. They stress the power of compound interest over time and the significance of long-term thinking. The speaker advises against seeking quick riches and instead promotes consistent investing, even if the amounts are small, as a path to becoming a millionaire. They also touch on the importance of having an emergency fund and understanding one's risk tolerance before investing.

15:05

🏦 Diversifying Investments and Risk Management

The speaker moves on to discuss the later stages of investment, where one has a higher income and more capital to invest. They talk about the transition from investing in broad market indices like the S&P 500 to taking on more risk with assets like cryptocurrencies and individual stocks. The speaker shares personal experiences with investing in crypto and emphasizes the importance of doing fundamental research when picking stocks. They also highlight the significance of preserving wealth through bonds and real estate in the later stages of investment.

🛡 Protecting and Growing Wealth Through Advanced Strategies

In the final paragraph, the speaker addresses the advanced stages of wealth management, focusing on risk management and diversification beyond stocks and shares. They discuss the importance of investing in real estate and bonds as a means to preserve wealth while also seeking higher returns. The speaker shares insights on their personal investment journey, including their current focus on fixed-income assets and property projects, and reinforces the idea that one's self is the most important asset to invest in.

Keywords

💡Investing

Investing refers to the act of allocating resources, such as money, with the expectation of generating income or profit. In the video, it is the central theme, emphasizing the importance of making money work for you. The script discusses various stages of investing, from beginners with less than $11,000 to advanced stages where individuals have substantial monthly income or wealth, and how each stage requires different investment strategies.

💡ROI (Return on Investment)

ROI is a metric used to evaluate the efficiency of an investment, calculated by dividing the profit gained or lost by the initial amount of money invested. The video stresses the importance of focusing on high ROI assets, especially when starting with a small amount of capital, to accelerate wealth accumulation. It is used to illustrate the potential growth of investments over time.

💡Compound Interest

Compound interest is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods. The video highlights the power of compound interest as a key factor in long-term wealth creation, especially when investing consistently over time, such as through regular contributions to an investment portfolio.

💡Dollar-Cost Averaging

Dollar-cost averaging is an investment strategy of buying a fixed dollar amount of a particular investment on a regular schedule, regardless of its price. The script mentions this as a technique to reduce the impact of volatility and average out the cost of investments over time, which is particularly relevant in stage two of the investment journey.

💡Risk Tolerance

Risk tolerance is the degree of variability in investment returns that an investor is willing to withstand. The video script advises investors to be aware of their risk tolerance and only invest money they can afford to lose, tailoring their investment strategies according to their comfort level with risk.

💡S&P 500

The S&P 500 is a stock market index that measures the performance of 500 large companies listed on stock exchanges in the United States. In the video, it is recommended as a safe investment option for those in stage two of investing, as it represents a diversified basket of companies, reducing the risk compared to investing in individual stocks.

💡ETFs (Exchange-Traded Funds)

ETFs are investment funds that are traded on stock exchanges, similar to individual stocks. The script likens them to a basket of different companies, allowing investors to gain exposure to a broad market or sector with a single purchase. They are presented as a simplified way for beginners to invest in multiple companies at once.

💡Bonds

Bonds are debt securities, through which an investor loans money to an entity (corporate or governmental) in exchange for periodic interest payments. The video discusses two types of bonds and positions them as a form of investment that becomes more attractive at later stages of wealth accumulation when seeking to balance risk with safety.

💡Cryptocurrency

Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. The script mentions it as a more volatile and higher-risk investment option suitable for those in stage four of investing, where they have the financial cushion to take on such risks.

💡Staged Investing

Staged investing refers to the concept of advancing through different phases of investment strategies based on one's financial situation and goals. The video outlines five stages, each with specific investment approaches, from beginners with limited capital to those with substantial wealth looking to protect and grow their assets.

💡Skill Set

A skill set refers to the complete set of abilities and knowledge that an individual possesses. The video emphasizes investing in one's skill set as a crucial step, especially for those with limited capital, as it can lead to higher ROI in the long run by enhancing one's ability to generate income.

Highlights

Wealthy individuals have discovered a system 'glitch' that allows them to generate wealth without traditional work.

The speaker aims to teach viewers how to make their money work for them through proper investment strategies.

Investing is defined as allowing money to generate more money over time.

For those with less than $11,000, traditional investing methods are not recommended due to the low potential returns.

The importance of investing in one's skillset for high ROI, especially when starting with a small capital.

The five stages of investment journey are outlined, each with specific strategies for wealth accumulation.

At the initial stage, the focus should be on high ROI assets that one can control, rather than traditional investment vehicles.

The power of compound interest is emphasized for long-term wealth building.

Investing in index funds like the S&P 500 is suggested for beginners due to its historical performance and diversification.

The concept of dollar-cost averaging is introduced as a strategy for long-term investment success.

The necessity of having an emergency fund before investing is highlighted.

Risk tolerance should be assessed before investing to ensure one does not invest more than they can afford to lose.

The goal of investing should be to build financial foundations and make money consistently over time, not quick riches.

Investing in a Roth IRA or a Stocks and Shares ISA allows for tax-free gains.

As income increases, so should the amount invested, but with a continued focus on low-risk strategies.

At higher income levels, investors can explore riskier assets like crypto and individual stocks, with proper research.

The wealthiest individuals derive their wealth from business equity, not salaries, underscoring the importance of business ownership.

In the advanced stages of wealth, the focus shifts to risk management and preserving wealth through diverse investments.

The speaker stresses that investing in oneself is the most crucial investment, regardless of one's financial stage.

Transcripts

listen to me the wealthiest people in

the world don't work for their money

because they've unlocked a glitch in the

system that allows them to print money

on demand so today I'm going to show you

how you can replicate the wealthiest

people's exact steps and make money work

for you how by learning how to actually

invest your money correctly and listen

no I'm not talking about some shady

options trading or pumping shitcoins I

am going to teach you how to get started

with investing as a complete beginner

and how to actually invest correctly

based on how much money you currently

have and let me tell you this right away

if you have less than $11,000 you should

not be investing in the way that

everyone else tells you to that means no

stocks no shares no crypto nothing like

that you need to be doing something

completely different that will 100x your

money over time and we're going to get

into that in just a moment but first

what is investing I mean think of it

this way in its most simple form

investing is simply all allowing your

money to work for you and make you more

money it's about paying $10 for

something today because you have a good

reason to believe that you'll be able to

sell it for $20 down the line and today

we're going to cover the five stages of

your investment journey and exactly what

to do at each stage to maximize your

return on investment because regardless

of your income level or how much money

you have everyone should be investing

but not everyone should be investing in

the same things or asset classes so so

what are the five stages of investing

now stage one is when you have $11,000

or less to your name and no cash flow

stage two is when you haven't saved much

but you're making $1,000 or a few

thousand per month stage three is when

you have $10,000 to your name or you're

making 4 to $5,000 a month stage four

and this is really where things get

interesting because you can really let

your money work for you stage four is

when you either have a high-paying job

or a business that generates you five

figures per month and that recurring

Revenue allows you to take on greater

risk and that's when you can really

begin to grow your net worth now stage

five is only going to be relevant for a

small subsection of you but if you

internalize and apply everything in

stage 1 to 4 there's no reason why you

can't get there now stage five is where

we're going to discuss how to protect

your wealth once you have it and stage

five is how the richest and wealthiest

people in the world are able to print

their money on demand now mind you this

is not Financial advice these are simply

my personal opinions and my personal

framework on investing so the most

common question I get is how should I

invest my money if I only have $11,000

to my name and this is stage one of the

five-stage Matrix and here I just have

to be brutally honest with you because

if you only have $1,000 or less and zero

cash flow then you should not be focused

on traditional investing now what do I

mean when I say traditional investing

and to keep things really simple for the

sake of this video we're going to focus

on four different different investment

vehicles the first is shares and think

of buying shares as basically buying a

tiny piece of any publicly traded

company the second is index funds now

index funds and ETFs are very similar

think of them like sort of a a basket of

a lot of different companies so when you

invest in one Index Fund or one ETF you

basically invest a little bit in all of

those basket of companies for example

when you buy spy one of the most common

ETFs in the US you're basically buying a

little bit of the top 500 biggest compan

companies in the US known as the S&P 500

and the percentage you buy of each

company depends on their market cap and

their waiting inside of the S&P 500 but

you can also have ETFs and index funds

for different sectors like silicone or

Green Tech now the third type of

investing we're going to talk about here

is bonds and there's really two types of

bonds government and corporate bonds now

bonds are essentially a form of debt

where you as the purchaser of the debt

gets a certain percentage interest on

the bond known as a coupon to make

things even simpler with government and

Company bonds you're basically giving

them money they're giving you a

percentage of interest and then at the

end of that term they're also giving you

your amount back your full amount back

so basically it's like a a loan to a

company or government to make things

really really simple and the last is

crypto and I'm sure you are all familiar

with crypto but if you're not you can

just think of it as another asset class

that's more risky and less regulated now

why should you not focus on those if you

only have $11,000 because even if you

invest in the S&P 500 and make 10% per

year that's only $100 or let's say

things go crazy and you even make 40% on

Amazon stock in a single year well

that's still only $400 in a full year

when you have so little money you need

to focus on asset classes with a higher

Roi because you are simply not at the

point at which it makes sense for you to

have your money work for you so you may

be asking then what should you focus on

if you only have $1,000 and that is high

Roi assets that you can control and that

does not mean going all in on crypto in

hopes that you're going to twox or 20x

your money not at all you need to just

accept that with $11,000 you will not

invest your way to becoming a

millionaire or even 50k it simply won't

happen yes there's some people who throw

it into a shitcoin and they get lucky

but for every one of those there's

10,000 or 100,000 people that have lost

their money at that point go to a corner

store and just go buy a lottery ticket

it's the same thing instead you need to

invest into things you can control and

there is only one thing you can control

your skill set and that is why I created

digital Launchpad because for only $37

per month you can learn the world's

leading business models from the world's

leading experts building your skill set

is the most important thing you can do

in that sub $1,000 range because the ROI

on those skills is exponential so at $37

per month there's basically no risk to

you at all an infinite upside because

with the skills we teach you can a,x

your investment now listen even if you

don't join digital launch pad because

quite frankly it's $37 it's the same

price you spend when you go to cinema

and order your popcorn and all this

sweet snacks and all this stuff

so listen I'm not exactly getting rich

from it this is just my way to give back

and get the smartest people in the world

on one platform for you to make your

first th000 and making the quickest time

possible but if that doesn't interest

you the point is spend that first ,000

go buy a camera go spend $600 and learn

how to create content learn how to shoot

content for clients or go spend $1,000

and learn how to code at a coding

Workshop listen whatever it is the point

is do something that allows you to

become in charge of the ROI because

doing that is what will get you into

stage two of investing and once you are

there you have some more room to play

with now stage two is for those who have

some savings and are making a few th000

per month and as long as you have some

income that you can put aside to invest

well then you're in stage two and it

doesn't matter if you live at home and

can invest all your earnings or if you

can only invest $100 per month that

doesn't matter here in stage two we're

not looking to get rich quickly the main

thing here is we're looking to build

those habits that will set your

financial foundations and on a long

enough time frame I guarantee that you

become a millionaire how because of the

power of compound interest listen it's

crazy long-term investing allows

basically anyone to become a millionaire

and by the way I'm talking about 30 or

40 years becoming a millionaire I don't

want it to take that long for you I want

you to do it in 10 years I want you to

do it in 5 years I want you to do it in

3 years or even in a year but the point

is even if you do it in a year but you

don't develop these good habits you're

just going to lose it all so you need to

think longterm you need to plan longterm

you need to start acting like you're

building long-term wealth today and then

try to get rich quicker try to make more

money in your business in your career to

put those into your Investments and

build your long-term wealth so yes

pretty much anyone can invest and if

they do it for long enough they'll

become a millionaire I want to make that

very clear to you but of course we're

trying to do it quicker than that but

anyways before you begin investing you

really need to ask yourself three

questions the first and most important

question that anyone should ask

themselves before investing is do I have

an emergency fund of 3 to 6 months to

cover my Necessities if the answer is no

focus on building that first you need to

go back to stage one and increase your

income the second thing is you need to

decide where your risk tolerance is you

should never ever invest more than you

can bear to lose and that means that you

need to be honest with yourself you need

to calculate your expenses you need to

calculate how much money you can set

aside and lose without putting yourself

in a difficult situation and then

finally you need to set your goals and

expectations and this is the most

important part realize that the goal is

not to turn a th000 into 10,000 in a

year nor is it to trade your way up to a

million dollar if that is your goal

you're going to lose all of your money

because the markets simply don't work

that way if you think that you can

outsmart and outperform the biggest

hedge funds in the world and turn $1,000

into a million then hey more power to

you but I guess this video is isn't for

you the goal should be to build good

habits create your financial foundation

and make money slowly but surely over

time as I said your time frame here

needs to be long so when it comes to

investing it's very important to only

invest money you won't need and when I

say won't need I mean at all not money

you're going to spend for vacation next

summer or anything like that once you

invest the money pretend it's gone and

then over time you'll begin to

experience the power of compound in

interest so what do you actually invest

in crypto bonds shares no in stage two

you don't need to worry about any of

those instead we are going to keep it

painfully simple in stage two you don't

need to worry about picking the best

stocks in fact you won't even be

investing in individual stocks at all

you see one single company can quite

easily go down by tens of percent and at

stage two you're not in a position to

take on any level of risk CU you don't

have much money coming in you want to be

as risk averse and safe as possible so

instead of investing in individual

shares like Amazon or apple you're going

to invest in the S&P 500 the 500 biggest

companies in the US and if you're in the

UK you can invest in the UK equivalent

which is called the footsie 100 but you

won't just do it once you'll do it every

week or every month no matter what and

by the way I do this every single week

it's automated it's set up I don't think

about it every single Tuesday for years

I've been investing in the S&P 500 and I

can honest to God say that I never check

it I never look at it honestly the funny

part is I'm not even going to say how

many millions are in there but whatever

it's a very substantial amount of money

sometimes I even forget that I even have

that portion of my portfolio and that's

what it needs to be like it's out of

sight it's out of mind that is your

financial future it's boring yes it's

boring I have much more interesting

Investments whether that be my property

projects or the companies that I buy

into in industries that I have a

competitive advantage in those are

exciting the S&P 500 is not and that is

the Point building Good Financial

foundations you are going to ignore

whether the market goes up whether it

goes down or whether it goes sideways

because over time your Buy in price will

average out and that is called dollar

cost averaging but dollar cost averaging

only works if you do it over a prolonged

period of time now this is the simple

beginner version once you get more

advanced like for example me I hate

buying when the markets are up it pisses

me off I do it it's automated but my

banker knows we have a separate

substantial amount of money earning

interest and that is a part of money

when the markets go down by certain

percentages that's when we invest more

into it on red days red weeks red months

hopefully so I'm giving you guys the

beginner information and then also what

you can look like as you become more

intermediate and even Advanced with your

investing so why are we only investing

in the S&P 500 because historically the

S&P has returned just over 10% and

almost no hedge funds in the world can

sustain such return over a prolonged

period of time if you just keep buying

consistently that means you will more

than likely be able to weather any storm

so even if the market tanks for a few

years that shouldn't concern you because

of your long time frame all you need to

do is just keep buying and let compound

interest take charge now listen of

course past performance is no guarantee

of future performance but it gives you a

pretty good Baseline to rely on and

trust me you are way better off buying

the S&P at stage two than any individual

stock because at stage two you simply

don't have the experience or knowledge

to start picking individual companies to

invest in so forget about that all

together instead focus on Amazing

compound interest because don't get it

twisted you can still make serious money

even just investing a few hundred per

month as long as you do it consistently

for example if you start with just $300

today and invest $300 per month that's

less than $10 per day by the way you

will be a millionaire in 36 years now of

course that is still a very long time

and you're probably going to become a

million much sooner especially if you're

watching and you're subscribed to this

YouTube channel especially if you're in

digital Launchpad or whether that be

digital launch pad or you're finding

other ways to invest in yourself to make

sure that you are an asset that pays

well trust me you are the best company

that you could ever invest in if you are

doing all of these things I guarantee

you become a millionaire in quicker than

36 years I told you my wish for you is

to do it in the next 3 to 8 years I

believe anything less than 3 years and

sometimes it can ruins people's

character you know quick money is not

good money trust me anyways back to what

we were talking talking about the thing

about compound interest is that you need

to be in it for the long run listen if

you keep investing that $300 for another

4 years so 40 years in total you will

have $1.6 million but if you were to

only invest $300 per month for half the

time you'd only have

$200,000 now what about tax and here's

the most interesting thing you need to

know you can actually invest in certain

accounts that allow you to take your

gains completely taxfree now if you're

in the US you can open a Roth IRA and

invest up to $6,000 $500 per year

completely taxfree the only catch is you

can only withdraw taxfree after the age

of 59 and 1/2 years old now the UK has a

slightly more advantageous equivalent

called a stocks and shares Isa where you

can actually invest 20,000 per year

tax-free and can even withdraw it any

time all right now moving on stage three

is very similar to stage two but now

you're making some more money but you

still need to be smart you shouldn't

take too much risk really stage three is

about solidifying the habits from stage

two and learning to put more aside to

invest so as I said to get to stage

three you basically just do the same

thing as you did in stage two except you

just increase how much money you're

putting in everyone has different

amounts that mean nothing to them you

know for some people $100 a week is too

much so they can only do $50 a week and

that's an amount where they don't even

know it's gone for some people it's

$1,000 a week for some people it's

$10,000 a week for some people it's a

$100,000 a week and they don't even know

it's gone so listen it all depends on

your stage but remember what I said you

are your biggest asset you okay so you

go focus on making more money bigger

career all the stuff go invest in

learning skills that will make you more

money and then as you increase your

value as an asset then go diversify and

as I said keep investing into the

markets but obviously now that you have

more money that means that you can put

more into the markets and that's really

all stage three is is just same as stage

two but take it up a notch now stage

four is where it gets a little bit more

interesting and this is when you're

making five figures per month and have

some spare money to invest and at this

stage you can take on more risk because

you have your business that is

generating you cash flow so listen at

this stage you can start investing in

crypto I'll be honest I put a million

dollars into crypto November of 2020 I

literally just had a million dollars

sitting in one of my accounts not even

earning me Interest I put it into

Bitcoin and then split it up into

ethereum very shortly thereafter and I

mean the rest is history I'm no genius

but I can tell you at some point you

know it's a funny story I literally even

had on my YouTube I had my $7 million

crypto portfolio and then I make a joke

that hey next week it might be worth

half I don't know and then the next week

it was literally worth half I mean it

was worth it went from 7 to 4 or

something like that and at that point I

held for another 6 to 8 months and then

I ended up just selling all of it and

these days I don't invest big into

crypto because I'm more at stage five

and Stage six that I'm not even going to

talk about here where I'm just all about

preserving my wealth with boring fixed

income assets the markets very safe

double a grade properties you know I'm

talking places like Central London

central New York properties are not

going to double but it's just safe

they're always going to be in demand

I've got my more boring Investments

there and then when I want to take on

more risk I have my property projects

I'm in the process of buying a hotel at

the moment this week alone I'm investing

in two software companies and buying the

largest Equity stake except for

obviously the founders let me put it

this way the largest investor into two

software companies this week and those

are the riskier Investments so in stage

four crypto was something that I did

these days I'm not as into but if you

want to at stage four you can start to

do that you can also begin to pick your

individual stocks this is something that

I personally have never done but I have

many friends that it's worked out for

you know they have the time to sit and

look into companies and decide which

one's the right one which one's not

listen I own many many companies I don't

have time to look at the financials and

look at the reports and there because I

would much rather do that for my own

companies but as I said in stage four

you can begin to really do this but if

you are going to pick your individual

stocks as I said you need to do your

fundamental Research into companies you

need to look at their balance sheets and

you need to look at their income

statements you need to really dig into

the fundamentals of the companies and

pick a few that you like now of course

you're going to keep doing everything

you've been doing in the previous stages

but you can also experiment with crypto

and other more volatile asset classes

now listen the richest people on Earth

they don't make their money off their

salaries they actually get it in stock

if you look at Sundar who's the

leadership at alphabet his salary is $2

million a year yet his total

compensation is $226 million or Netflix

co-coo Reed Hastings he has a very

interesting book by the way he's on a

650k salary but his total compensation

was $40 million so the reason I said

that is just there's levels to the game

and understand that equity in businesses

and ownership in businesses even if it's

a tiny amount can mean a lot later down

the line now stage five as I said

there's actually a stage six but I'm not

going to talk about that here stage five

is all about about risk management and

this is already once you've made your

Millions here you begin to diversify

your portfolio Beyond stocks and shares

and you can look to real estate and

bonds so kind of as I already talked

about in stage four in stage five you

can start buying some property you can

start buying some assets once again as I

said even like hotels but I would say

that that's more sort of stage six where

it's like now you really have some

proper real fun money to play around

with but I'll tell you one interesting

thing even bonds I had zero interest I

didn't even look at bonds until I had at

least an eight fig Investment Portfolio

and even at that point it was still a

couple years until I invested in bonds

it was only once Bonds were yielding

five six sometimes even 6 and 1 half%

depending on their rating but I can tell

you that in October November 20123 I

bought a crazy crazy crazy amount of

bonds and if you told the version of me

that was in stage four investing oh

you'll be investing into bonds my

opinion was always like oh that's so

boring why would I do that and that's

because in stage five a lot of it is

risk management making sure you preserve

your wealth making sure that you have

some riskier plays but you also have

some defensive plays and to me bonds are

always a defensive play it's always like

okay let's make sure what we have here

is safe so ladies and gentlemen I gave

you some beginner Concepts and I even

gave you some of my personal experience

a little bit further down the line so

you can kind of see where this journey

might take you and where you can end up

as an investor but all that to say that

whatever stage you're in investing

should always be your thing on the side

even at this stage of life where I make

millions a year just for my investments

alone that will never ever ever be as

much a priority as my businesses as my

companies and ever be as important as it

is investing in myself because I know I

am my number one asset all this other

can get taken away Trust me but you

as a person that is the biggest asset

that you have so always invest into that

so on that note I hope you enjoyed it

and as always I'll be watching from afar

and I'll be rooting for you