Let me teach you how to invest in 2024

Summary

The speaker discusses the difference between offensive and defensive investing, emphasizing the importance of taking risks to achieve significant financial growth early on, especially with limited capital. He explains that defensive investments, like the stock market, are for wealth protection, while offense is necessary to build wealth. The speaker advocates for self-education as the best investment, arguing that developing high-value skills can yield faster, exponential returns compared to traditional investing. He encourages viewers to focus on skill stacking to accelerate income growth, highlighting the power of self-education in achieving financial freedom.

Takeaways

• 💡 Most people are not yet at a stage where multi-millionaire investing strategies apply to them.
• 🎯 Offensive investing is key when you're broke; you need to take risks and score your first six or seven figures.
• 🛡 Defensive investing is for protecting wealth once you have it, but starting with small amounts is useful to build the habit.
• 📈 If you had invested $1,000 in the S&P 500 five years ago, you'd have about $1,700 now – a good return, but not enough to create life-changing wealth.
• 🚀 Diversification and long-term investments help protect wealth, but they won’t get you rich quickly.
• 📚 Self-education is the best investment, enabling you to acquire profitable skills and rapidly increase your income.
• 💼 Learning and skill stacking (e.g., copywriting, hiring, client acquisition) can exponentially increase earnings far faster than waiting on traditional investments.
• 🏆 Compounding returns through skills allows for predictable, consistent income growth, instead of waiting years for financial investments to double.
• 🔑 Self-education is the ultimate launchpad for financial freedom, making it the most valuable asset you can invest in.
• 👊 Once you’ve built a substantial income, then you should focus on long-term, defensive investments, but never underestimate the value of investing in yourself first.

Q & A

What is the main difference between offensive and defensive investing?

Offensive investing is about taking risks and aiming for high returns to score the first financial goals, while defensive investing is about protecting wealth and ensuring it doesn't decrease once it's been accumulated.

Why does the speaker believe that investing in the bond market or money market fund is not suitable for someone with a small amount of money?

The speaker argues that such investments are not suitable for small amounts because they are practically bulletproof but only yield significant results when there's a large amount of money to begin with.

What does the speaker suggest as an alternative to traditional investing for someone starting with a small amount of money?

The speaker suggests self-education and learning profitable skills that can be sold for thousands of dollars, which can lead to a significant increase in income within a short period.

How does the speaker define 'self-education' in the context of investing?

In this context, 'self-education' refers to acquiring new skills and knowledge that can be monetized, such as learning to code, becoming a real estate agent, or mastering content creation, which can lead to a substantial increase in income.

What is the speaker's view on investing a small amount in the stock market like the S&P 500?

While the speaker acknowledges that it's a good practice to invest small amounts in the stock market to build the investing muscle, they believe it's not the best strategy for wealth creation when starting with a small amount.

Why does the speaker emphasize the importance of getting rich young?

The speaker believes that getting rich young allows for a truly memorable life and the freedom to live as one desires without having to wait until old age to achieve financial stability.

What is the concept of 'skill stacking' as mentioned by the speaker?

'Skill stacking' is the process of learning and accumulating new skills on top of existing ones to compound one's earning potential and achieve exponential growth in income without relying solely on time.

How does the speaker feel about diversification and long-term investments for someone just starting out?

The speaker thinks that diversification and long-term investments are strategies for those who already have wealth to protect and grow, not for someone who is just starting out and looking to make their first significant financial gains.

What is the speaker's advice for someone who wants to get serious about investing after building wealth?

The speaker advises that once someone has multiple six figures and nowhere to reinvest in their business, they should then consider long-term defensive investments like real estate or the stock market.

What does the speaker mean when they say 'invest in yourself'?

The speaker means that the best investment one can make is in their own education and skills, as this can lead to the highest returns and personal growth, rather than relying solely on external investments.

Outlines

00:00

💡 The Misconception About How to Invest

In this paragraph, the speaker addresses the common question of how to invest money, specifically how they would invest $1,000 if they weren’t already a multimillionaire. They explain that the strategies used for investing millions don’t apply to most viewers who aren’t yet wealthy. The speaker sets the tone for the video by promising to reveal how to turn $1,000 into significant gains within a year. They introduce the concepts of offense and defense investing: offense to achieve initial wealth and defense to protect it once obtained.

05:00

🏈 Offense vs Defense in Investing

The speaker explains the distinction between offensive and defensive investing. Offensive investing is likened to playing football when you’re losing and need to take risks to score. This is the approach for those starting with little money who need to reach six or seven figures. Defensive investing, on the other hand, is for those who already have money and want to protect it. The speaker warns against playing defense too early when there’s little to protect, as it will hinder wealth-building.

10:02

🚫 Why Defensive Investments Won’t Make You Rich

Here, the speaker criticizes the idea of investing small amounts in the S&P 500 or similar defensive strategies when one is still broke. They argue that this type of investment only works when you already have substantial wealth. The speaker stresses that wealthy people can afford to make small returns because they already have millions. For someone just starting out, these returns are insufficient, and offensive investing is the key to making large sums quickly.

📉 The Problem with Traditional Investment Advice

The speaker highlights the issue with traditional investment advice, such as diversifying a portfolio, which works for maintaining wealth but not for accumulating it. They explain that this advice is often irrelevant for those without significant starting capital, leading viewers to follow strategies that won't get them rich. Instead, the speaker advocates for a more aggressive approach in the early stages of wealth-building.

⚡ The Power of Offensive Investing

This paragraph introduces offensive investing as the main strategy to make money quickly. Unlike defensive investments, offensive investing involves taking action, learning profitable skills, and putting in hard work. The speaker emphasizes that this strategy, while not easy, can reliably lead to significant financial gains. They reference their program, Digital Launchpad, where students have made considerable returns by investing in self-education.

🎓 Why Self-Education is the Key

The speaker argues that self-education is the best investment anyone can make, especially for those just starting out. Instead of waiting years for traditional investments to compound, they propose learning skills that can bring in immediate revenue. By acquiring profitable skills, individuals can rapidly increase their income and achieve financial freedom faster. They emphasize that self-education can deliver a much higher return on investment than traditional financial strategies.

📚 The Compounding Effect of Skill Stacking

The speaker compares the traditional idea of compounding interest with a more efficient method—compounding through skill stacking. By continually learning and adding new skills, a person can exponentially grow their income in a much shorter time frame. They illustrate this with an example of someone who doubles their income by learning new skills, creating a faster and more predictable path to wealth than waiting for financial investments to grow over decades.

💼 When to Invest in Defensive Strategies

In this final section, the speaker advises that defensive investments should only be taken seriously after one has achieved a stable income through offensive investing and self-education. They mention that while it’s a good idea to build the habit of investing small amounts early on, significant attention to traditional investments should only come once there are large sums of money to protect. Until then, they stress that the most valuable investment is in oneself.

Keywords

💡Investing

Investing refers to the act of allocating resources, such as money, with the expectation of generating an income or profit. In the video, investing is discussed as a means to grow wealth, with a focus on how different strategies apply to individuals at various financial stages. The speaker differentiates between 'offense' and 'defense' investing, illustrating how when one has little money, they should focus on aggressive 'offense' strategies to grow their wealth quickly.

💡Offense and Defense

These terms are used metaphorically in the video to describe two different approaches to investing. 'Offense' refers to taking risks and actively seeking high returns, which is suitable for those who have little to start with and need to grow their wealth rapidly. 'Defense', on the other hand, involves conservative strategies aimed at protecting wealth, which is more applicable to those who already have substantial assets.

💡Wealth

Wealth in the video is discussed as an accumulation of assets and resources that provide a person with financial security and the ability to live comfortably. The speaker emphasizes that the strategies for accumulating wealth differ based on one's current financial status, with a focus on aggressive growth for those starting from scratch.

💡Self-education

Self-education is highlighted in the video as a critical component of personal and financial growth. It refers to the process of learning and developing skills independently, without the guidance of a formal educational institution. The speaker argues that by investing in self-education, one can acquire marketable skills that can lead to significant income growth, exemplified by the potential to turn an initial $1,000 into much larger sums through learned skills.

💡Skill Stacking

Skill stacking is presented as a method of acquiring multiple skills sequentially to increase one's value and earning potential. The video explains that by learning and mastering various skills, an individual can compound their expertise, leading to exponential growth in income. This concept is used to demonstrate how self-education can lead to rapid financial success.

💡Compounding

Compounding in the video is initially discussed in the context of financial investments, where returns are reinvested to generate even more returns over time. However, the speaker extends this concept to skill development, arguing that the compounding effect can be achieved more rapidly through learning and applying new skills, rather than waiting for traditional investment returns.

💡Financial Freedom

Financial freedom is described as a state where one has enough wealth to live without worrying about financial constraints. The video suggests that self-education and strategic skill acquisition can lead to financial freedom at a younger age, allowing individuals to live life on their own terms without the pressure of financial limitations.

💡Diversification

Diversification is mentioned as a strategy where investors spread their money across various types of investments to reduce risk. The speaker points out that while diversification is important for protecting wealth, it's not the path to rapid wealth creation, especially for those starting with limited funds.

💡S&P 500

The S&P 500 is referenced as a benchmark for the U.S. stock market and a common investment choice for those looking to participate in the market's growth. The video uses the S&P 500 as an example of a 'defense' investment, suitable for those with substantial assets but not for those seeking rapid wealth accumulation.

💡Digital Launchpad

Digital Launchpad is the name of the platform the speaker uses to teach self-education and skill development. It represents the idea that with the right education and skills, individuals can 'launch' themselves into new opportunities and financial success. The platform is used as an example of how self-education can lead to significant income growth.

Highlights

The speaker distinguishes between offense and defense investing, explaining that offense investing is for when you're broke, and defense investing is for when you have wealth to protect.

Offense investing is necessary to reach your first six or seven figures, while defense investing helps protect and grow wealth once it's accumulated.

People don't get rich by making small investments like $10 in the S&P 500, as these are defense moves meant to protect wealth, not to build it.

One of the speaker’s biggest regrets was not taking investing seriously earlier in life, as it would have built the 'investing muscle' sooner.

While small investments can teach the habit of saving, they won't result in large wealth accumulation without already having significant assets.

Diversification is important, but it's a strategy for preserving wealth rather than accumulating it quickly, which is why it's not suitable for beginners.

The main message is that offensive investing, taking risks, and making bold moves is what builds initial wealth.

Self-education is the key to fast wealth-building, allowing individuals to learn high-income skills that can result in six-figure earnings in a few months.

The speaker promotes self-education as the fastest and most reliable way to make life-changing money, especially through platforms like Digital Launchpad.

Traditional investments in the stock market can take decades to yield significant returns, but learning and applying high-value skills can generate wealth much faster.

Compounding interest works over long periods, but the speaker argues that skill stacking offers exponential returns in a much shorter time frame.

Skill stacking, or learning and combining complementary skills, is a way to increase income significantly faster than traditional investments.

The speaker uses the example of someone going from earning $20,000 to making millions by continuously learning and stacking skills, such as copywriting, delegation, and content creation.

The best investment is in yourself. The speaker emphasizes that no asset will provide the same return on investment as self-improvement and education.

Once significant wealth is built, the speaker recommends getting serious about long-term defensive investments like real estate, stocks, or alternative assets.

Transcripts

ladies and gentlemen I always see

comments under my videos like how do you

invest your money but but that's not

really a good question and here's why at

this point I'm investing millions and

millions of dollars but 90% of you

aren't there yet so what I do is not

going to apply to you but since you guys

are curious and I find this to be a

rather interesting topic I decided that

today I'm going to share how I would

invest $1,000 if I wasn't a

multi-millionaire and I want to promise

you one thing that by the end of this

video you will know how to turn 1,000

into 10,000 or even $100,000 in

365 days or less and yes I'm aware that

that's a massive claim but I don't

expect you to take my word for it what

you're about to watch is exactly what we

teach inside of digital Launchpad and we

get results like this every single day

because it just works so without further

Ado let's get into it here is the first

thing you need to know there are two

main types of investing offense and

defense you can think of it kind of like

a football match if you you are losing

you need to go on offense mode you need

to take risks you need to score fast and

that same philosophy can be applied to

investing when you're broke you need to

score your first money goals that's your

first six or even seven figures then

once you are winning all you have to do

is not let the enemy pass through your

defense and you will win the match

offense investing will get your first

six or seven figures defense investing

will make sure that you don't lose it

once you have it you do offense

investing when you're broke and you do

defense investing when you have money to

actually protect understand so if you

understood this playing defense only

when you have nothing to protect is dumb

this is why people don't get rich listen

I could sit here and tell you about the

millions and millions of dollars I put

into the bond market in Q4 of 2023 and

how I keep my money taking over in a

money market fund and how much money I

make from fixed deposit income but the

only reason those numbers are even worth

talking about you know the amount of

money I actually make from from those

practically bulletproof Investments is

because I have money in the first place

and this is why people don't get rich

from investing $10 into S&P 500 that is

a defense move now listen don't get me

wrong I still think you should put small

amounts of money into defense plays but

not because you're trying to protect

your wealth but because you need to

exercise the investing muscle I can

honestly say that one of my biggest

regrets was not taking investing

seriously until my third year of a

Million Dollar Plus income and that's

because when I was younger I didn't

exercise is that investing muscle even

if it was just $10 a day at least I

would have reference experience and I

would understand how to do it and it

wouldn't seem like such a daunting task

investing doesn't need to be a daunting

task it's actually rather simple but get

started with small sums of money

remember you're not trying to make money

here in this first stage you are simply

just reinforcing the habit of saving for

the future which is a different thing

but just to make this abundantly clear

let's actually run the numbers if you

had invested $1,000 into S&P 5005 5

years ago and by the way the S&P 500 has

done incredibly well over the Last 5

Years obviously we've had a lot of macro

conditions where this is not normal they

don't the government doesn't print 40%

of the world's money supply in a fewe

window so I seriously doubt you're not

going to find these sort of results for

a long time but anyways if you invest

$1,000 5 years ago you would have

approximately $1,700 now now here's the

thing pretty much any other investment

or asset class would have yielded you

similar results and that's not bad at

all these kind of returns in a 5-year

window are amazing but if you have

millions of dollars because listen even

1% of a $100 million is still a million

dollars a year at that point your

Investments could suck and you'd still

make obscene amounts of money and that's

why I think it's so funny when I see

wealthy people making videos saying oh

the secret is to diversify your

portfolio yeah of course but you're

forgetting something very crucial you

did not get rich diversifying you

got rich because you went all in on one

thing and then you branched out your

Investments as a means to protect your

wealth and as a way to have uncorrelated

assets so that way if one market wasn't

doing well maybe another Market was

doing well so these are all things you

learn as time goes on and you actually

have money to manage you know this is

all stuff that you guys are going to

find out as time goes on but earlier in

your stage this advice does not apply to

you now listen I'm sure that these

people mean well but to be honest these

videos do more harm than good there's no

such thing as universal advice advice

needs to meet you where you're at at

your current career stage because listen

the average guy watches them and thinks

oh this is how I'm going to get rich no

that is how you stay rich and multiply

your wealth but this is what you do

after you have money to play with in the

first place but if you implemented that

strategy as an average guy starting out

without hundreds of thousands or

millions of dollars to deploy tough luck

it is going to take you forever to get

to your goals in my opinion you might as

well torch that money on experiences

that way at least you have some stories

to tell when you're older

diversification and long-term

Investments take way too long to create

life-changing results if you don't have

anything to start with you need

something quicker which leads us to the

main point of this video which is

offensive investing so listen offense

investing much like the word suggest

requires action and this is not going to

be easy work it's not it's not a magical

pill I'm not going to tell you to invest

in some meme coin you're not going to

get rich overnight and if that's what

you wanted to hear well then I'm sorry

this video is probably not for you

however here's the good thing about this

yes you have to put an effort but it

works you don't have to

speculate if a stock is going to go up

or going to go down you don't have to

anticipate Market fluctuations all you

have to do is put in the work and make

as much money as you want so at this

point you're probably thinking okay spit

it out what is it well if you know me

you probably know what it is what I'm

talking about is self-education and the

idea here is incredibly simple and I'll

actually just break it down with some

simple math in a second it's simple but

it's overwhelmingly powerful if you put

your $1,000 to work for you in the stock

market you would probably probably die

before you see that turn into

$100,000 but if you learn a profitable

skill one that you can sell for

thousands of dollars exactly like the

ones we teach inside of digital

Launchpad you can go from nothing to

making six figures a year in literally a

few months and again you don't have to

take my word for it as you can see we

have thousands of students who paid $37

and are making over $10,000 a month now

really let that sink in this is how

ridiculously overpowered self-education

is what other kind of business can you

spend $37 and make a 270x return in less

than a year and the main thing is

without luck and consistently and this

is why I'm so big on self-education and

built my life's purpose around

revolutionizing the educational system

and this is why I call my platform

digital Launchpad because self-education

is in fact a Launchpad for the life that

you want and by the way I want to make

something very clear I don't want this

to be an ad for digital Launchpad trust

me $37 is not going to change my life I

couldn't care less if you joined

obviously I think it's in your best to

do so because I tried to make the best

product out there on the market but I

want to make it clear that there is a

million and one different ways to use

self-education to make more money let's

take Blue Collar jobs for example you

could get a plumber's license for as

little as $75 and get paid more than 90%

of people out there with fancy degrees

this also works for Real Estate you know

to get your real estate license if you

want to become a personal trainer and

many other skills get your license get

your qualification not from these

universities that charge you

way too much money and you spend way too

long with most tangible skills out there

you can get the qualifications and the

certificate and or even just the

self-education if it's online programs

in just a couple weeks even a couple

months and you are off to the races in

my opinion this is great and all and by

this point in the video you should have

zero doubt in your mind that

self-education is the best path to start

making real money especially as a young

guy in your early 20s but just in case

you're not convinced stay with me for a

second because this right here is what

makes self-education incomparably

Superior to anything else on the face of

the Earth well people love talking about

the compounding effects of investing I

mean you probably saw those videos

explaining how if you invest a certain

amount and then about every seven years

it keeps doubling again and again then

after a while it's an insane amount of

money and everyone wants to reference

Warren Buffett and all this stuff I get

it listen it it does work this is true I

mean Einstein said it himself

compounding interest is the eighth

wonder of the world but here's the issue

I have with this is it going to work

yeah is it going to take a long ass time

to build that momentum also true and to

me personally being rich in your' 7s is

fine like it's great you know you can

take care of your loved ones you could

leave them a tiny little Nest Egg you

know you don't have to be a burden on

your family you're kind of set however

if you want to live a truly memorable

life then you need to get rich young you

need to get rich now and I'm not talking

become a multi- multi-millionaire by the

time that you're 16 that a lot of these

people feel pressured to these days I

mean just get to a point where you have

Financial Freedom where 95% kind of

things you don't need to look at the

price tag of you could pretty much live

the life that you want but what if I

told you that there's actually a hack a

cheat code a shortcut to achieving the

same compounding effect that's not

dependent on time what if I told you

that you can have the exact same

exponential returns in less than a year

hear me out when people think of

compounding interest they think of what

time correct they associate the concept

of compounding as something that grows

exponentially in a certain time frame

however let me offer you a slightly

different perspective and this is what

people don't realize and by the way this

keeps them from making unfair amounts of

money you can achieve the same

compounding interest effect through

learning skills through skill stacking

and strategically stacking them on top

of each other and here's how you're

going to do this picture this John Works

a lowlevel 9 to5 he makes $20,000 a year

now he learns cop op writing it takes

him a few months but now he's on Pace to

make $70,000 a year and then he learns

how to hire and delegate and manage a

team and now he's making $140,000 a year

and then he learns systems and client

Acquisitions and now his business is on

Pace to do 280 Grand a year and then he

learns content creation and personal

branding and now he's making a million

dollars a year and I could keep going on

and on about skill stacking until he's

worth hundreds of millions of dollars

but here's the point you do not have to

wait until you have gray hairs and GR

kids to start seeing the digits in your

bank account double every couple of

months instead of using time as a

catalyst to double your income you can

use skill stacking and double your

Revenue every couple of months

predictably and consistently and that my

friend ties perfectly with the message

of this video and that is self-education

can Propel you to riches faster than any

other investment out there now once you

actually invest in your education and

start to actually make decent money

multiple six figures or even 7 plus then

and only then should you get serious

about boring long-term defensive

Investments as I said previously you

should always be doing it on a small

scale even if it's just $5 a week just

so you can consolidate that habit but

the moment that you actually want to get

serious about this is when you have

multiple six figures just laying around

and nowhere to put it or when your

business is making more money than you

know what to do with it where you can no

longer reinvest in the business however

until that moment comes keep investing

in the best asset there is in the world

which is yourself so with all that being

said I really hope like when you go to

bed at night you just understand that

yes I want you to buy property yes I

want you to invest in the stock market

yes have some alternative assets play

around see what you enjoy investing in

go buy $300,000 watches like this do

whatever you want but nothing on Earth

will ever be as valuable As You Are are

there's no asset on Earth that will

produce in the way that you can and who

is it Jay-Z that said I'm not a

businessman I'm a business man and what

he's trying to say there is that all

these businesses are great but at the

end of the day I am the Golden Goose

that is laying these eggs I am the

producer at the end of the day so with

all that said just know that I'm

watching from afar and I'm rooting for

you