Finance and life advice time. How to build wealth, it’s not rocket science.
00:00 - How to build wealth
01:29 - The Wealth Equation
02:41 - Investing is NOT the way to get wealthy!
03:35 - The #1 way to build wealth is...
04:11 - Different forms of income
05:01 - Expenses
07:47 - Don’t buy a new car or new iPhone!
08:48 - Asset investment return
09:51 - Pesky inflation
10:26 - Being your own bank and real estate investment
10:54 - Emergency cash
11:42 - Screw you money
12:03 - The benefit of offset accounts and property loans
13:19 - Other asset classes
14:53 - Spead your risk across a balanced asset portfolio
15:38 - Things can BOOM or BUST
17:02 - The BEST wealth driver is your business!
21:35 - The power of asset utilisation for reducing expenses
22:34 - Let’s go the spreadsheet
28:30 - The big takeaway is...
Forum:
Subscribe on Odysee: @eevblog:7
EEVblog Web Site:
The 2nd EEVblog Channel:
EEVdiscover:
Support the EEVblog through Patreon!
AliExpress Affiliate:
Buy anything through that link and Dave gets a commission at no cost to you.
Donate With Bitcoin & Other Crypto Currencies!
T-Shirts:
#Wealth #Money #Investment
Теги: eevblog,video,wealth,building wealth,investment,how to invest,the wealth equation,how to build wealth,how to build wealth with low income,low income,real estate investing,property investment,investment advice,how to invest money like the rich,real estate advice