How many of you heard that famous saying, "Cash is King"?
Well, I'm here to tell you the truth.
CASH. IS. TRASH. Listen to this podcast to find out why...
This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
A drink or down here hosted the cartoons, and I want to talk about your money. You're planning is this your career and this God thank you for listening to wake up, call for the middle class pouch six, as your duty was your daddy's again, freedom in business finance, Cardona Zones starts. What would it take for you to say forty percent of your income so watch what happens
If you make ten thousand dollars a month,
and you want to save forty thousand of you ten years
first government, don't let you do that they don't trust you none.
get that money from first before blows. It we know is go below it.
We know the area is going to take their going to withhold. Probably
that four thousand of it. So, look if you'll pay the freak an hour s foreground of ten
You need to figure out how to about yourself foreground. What's the problem you you can live on too.
so just keep doing the mapped out. This is the map you need to do in your spouse. You need to keep work it out to your like he's like. Let's go
a new car, yet we got any money for a new court. That's why, when I was thirty five years old, no one knew that I was a millionaire. Nothing's changed
run on which should choose. You know by
forty dollars shoes and in working to show it out. As long as I could and light,
nobody saw. I didn't, have fancy course, I'm driving Camry
Would a million bucks innovate because
because I was using this ok
I pay the arrest of always paid those bastards
and then what
I did was, unlike I'm a bank for grant, and then I realized Turkey a little. I can live up to its make these make it my life hard to do this. This money by the way, a better. A better word for saving is storage. I was store, extorting money, not saving money, I'm storing it on
Polly? If you like that, we're better you dont want to save money, it's worthless
it's like saving a legal or illegal pat is only good if you use it
money is only good if you use it, how many are just turn caches? King is worthless. Cash is worthless. Is not a king like like
she's, not king caches, Shit,
it just sit there and as or you lose it
you. If you leave money in this storage account too long guarantee you, it will disappear and always has in your life. If you look back over your life, the longer this money since in storage public,
Escobar was the drug.
That was the biggest problem mould bugs somebody
deal it rats,
you don't want. You don't want to leave it in storage too long, because it's going to zero. All cash goes to zero
now now, when you do this man, you like good how much money do actually. Needless kick this up to twenty ran it twenty grand. What happens? You're saving eight storage european aid,
and now you can level for sea now. This is the right way to do a budget you make.
thirty thousand toil
go into storage,
I was going to the hour and it s.
And at least he was six. So now you get started C in the UK,
to be somewhere Norton three hundred grand a year. This is within on teaching Norbert
you gotta be somewhere north of three sixty a year before you even have money to live on unless you're. Just you know, your track
you're, just the irresponsible human beings that debts
not put store money away for the future,
now you say the twelve grand a month, that's one hundred and forty four thousand dollars in one year and ten years. That's one point: four million dollars in ten years, you're a millionaire stored, okay,
Second thing to do you gotta you gotta, you gotta, keep playing this forty percent getting tat. You need to work with. You guys do wish Romania Nano
but the call is not what the script is. Not what the agenda and the objection you need all that, but do you
the driver here, you guys
to be heavily money motivated from a survival standpoint number,
they even in Europe.
Go, broke right here and invest the storage.
storage has to get invested?
The golden goose is only good. Is she lays eggs
devising killer either for chicken
headaches, bait money needs to make babies right,
so you go right here is to invest to invest a storage money and contain
to do that until this money over here, the passive money is equal to
right. So what would I do I go out and will make thirty grand
or twelve paid IRA some eleven six. If, in my
you like they're, no money left out
but there's six grain store drainage right now
six grant keep pumping the six keep competent, keep pumping until you find a place. We like I'm gonna, invest
this money now, when you make this move right here, do not invest
anything that is a maybe a guy like you.
Wanna put your money in anything. That's going
Didn't you can't risk this money. Warren Buffett says they'll lose money. Number one number two don't lose money. I would tell you
for three: don't lose money. So
What can you invest in you can't leave in the bank?
cassettes losing money
They don't pay. You anything picture. Eight hundred and thirty three years to double your money at the bank today, eight hundred and thirty three years,
to double your money. At today's bank rates,
So if you guys don't know, there's u needs to look at this nightmare. What am I doing my money? Man confront the beast so right here
a passive income? Your target right here should be more passive income. Now
We exceeds my monthly income,
you just need to do the math on how much money would I need invested so that their
This twelve thousand dollars have been thrown, is storage of.
Time Jaguar? Where aren't you,
don't you see during come right now, so his
monthly income exceeds sour. That's what you're looking for. I dare not, and not his old bonus in everything it in here, but his
Thirdly, income from the investments now
exceeds his income. Is that
major, more or less motivate,
it used to be like a dead man. If you got enough dead
then you'll be motivated. Not no you're, not you're gonna be motivated for a little while to pay your car and then you can be like. Should this games, no funding is a terrible get. Ok! So look,
simple target which are notorious target freedom, but but but
put my a number on your first priority should be ten million dollars and nothing short of that and everybody interim could do it. Ok, I can I can show I can show everybody inner room. Somebody on this planet. They can.
From your situation, this bank, ten million dollars
worse. You need a degree of uniting, show you for every case bad problem you got, I can show you some of you trade problems. You you'd be like no, not keep my Uk Beers sex,
that you gotta get your income to forty percent. You gotta get your your income to where you can think
forty percent of their income does the most
forgot part of this and to begin as you're Starvin. Here
until you confront the real problem, the real problem is income. Thirty,
is this money you need to stay broke with this money. You need to get this money in a sacred cow somewhere, where no one is going to jack with this money. Are my mom call me? What's he got this thing going on my gale? I had a bunch of money. Six just like yours is piling gale.
I'd valet my policy here
Let me go: sell some soup I'll get you some money. They let you know anybody gave me for health is like it or not. You are not. The bank can help. You did.
Motion goin on here, I'm busted all the time. I'm broke all the time. This. What I got on me today that gun
If everything right now to make a net of make another deal,
right. So I want that's what it means by being broke, it doesn't mean get money blow. It means get money store it. Ok,
find a place, it's going to go where you don't lose the money. Number three: don't lose money car
don't buy LISA,
where you live, don't own it rent it
don't know anything to just stack cash and wait,
you can put it in something where it won't be lost. It just goes away for a while
and inflation
over time five years, seven years, ten years, when are you look like ok, I didn't lose my golden egg, which we think is protected. I got a laundry.
Every month from it, and you
keep adding to that, so the drip gets bigger and bigger and bigger and bigger.
And then you come to work on Monday, and so did I got money coming in here. I got money coming in here, but I'm broke all the time, so I gotta keep replacing again.
When you get off the treadmill, whenever we want it once you get to their questions,
we talk about storing. Is there a certain amount of storage that you should have before you move it
I mean I didn't, have anybody anybody ever say hey come come, you can jump on vehicle
so I was trying to store enough to too much. You know. If you know
the story about the real estate deal. First, really
they deal idea was. Seventy eight thousand dollars is because I had five grand mine,
deal would be three years later. It was three
Fifty thousand dollar purchase so
storm money the whole damn until I found the right deal in between. I was just shopping now, if I
had somebody does it do just lay
ideal? I would it
pushing me there the whole time I would. I didn't need to own the whole first deal. I just needed to being the right vehicle.
Stay bomber. He would. He was a partner without Bill Gates and Microsoft, because one of the richest guys in the world you didn't on the company who is a partner in the coming
you don't you need a vehicle. You need to vehicles,
one that produces income, so you can pay the bills over here.
Paid our? Yes? Indeed, that's
The one you just use serving the debasing
he's from your job. This
when is the play,
Echo is how you get the financial freedom. So what
looking for, while your years any little any little strains in rivers in canals they get bear
right, I'm looking for late, like if you look at where villages or on this planet there all where there's transportation routes, the bigger their transportation round, the bigger step. Moving up and down the now this
but a village year, Khazars food, stop adhere gas, stop Anear, try! These are the best
people ports. Why, because
all the waterways meet there, so it this company,
beyond the call for ever make one call its one land rights, one little fiber optic line or you could
Look around saying: do where's all the other flows here,
see that you take her in this little stream tinkering this low strain tinkering. This went in,
take on more responsibility. You're, like hey, I wanna, bigger vain here.
The flows come together, but you you're not can do any of that until you get right away, you do you gotta get great. This first thing keep the target in mine guy see if you can keep it,
maybe you can't maybe just lose motivation occasions
and then and then you just get recycled into the universe of people that are word every day:
and that's realities situation. That's where Peter feel the same.
A single digit millionaire cannot even provide themselves with their own personal defence in America
How come you can all that money? Hokosa? May you blew it all? He Buddha
top right by here pieces
He blew it all. He blew it all ended up with a little money thought he was this shit. Oh man, I got a little money until he had that freaking lawsuit and then he can't even defend himself,
feel funded that loss it for you.
right, so I had a lawsuit back in two thousand nine. It cost me two hundred grand a month.
To defend myself against a criminal law. Soon again it suits me trying to get money. For me, told me: how suggests the game in the legal thing at one o clock
accident one cancer. What mama I'm getting sick? What kids? I didn't have kids, yet you know
So all those things can happen to their probably gonna happen to balance
paying the doubt whether it be school on credit cards. Everything else along with afforded was negotiated. That's the last thing
I would not change the bass so
I made a bad deal, I'm not gonna. Go chaser deal today
column say, put me on older,
again, I would pay it if you want to cut back,
they like eighty percent or we are to put it on
and I wouldn't mind by debt was bad. Not my credit was bad, wouldn't, but wouldn't matter to me, if it lower my credit score, I buy anything anyway.
I don't quit uniting binding on stamps torn down right, so I would more about them when you're talking about
making so much money per month and saving the forty storing the viagra. Cynthia should
lower my
with the way I'm living right now until I can tell I can do that. Well
well no desire was to focus on the income of our say. I pay per se.
Let me first say that our s second, just as I have to
and then I got leftovers
so you're either Yearbook either Todd's can either
live on the six or decide
man, I gotta make more money man. I can't. I can't treat
people. I love like this, so what
happens? Is chair just gives more productive murmured.
I came here. He was making twenty five hundred bucks a month that was it
draw for three months or did you have drawback
so. The aim is to make it twenty five are now now he's making a living grant a month of the income. That's been.
Five years because he had a plan. What are you guys
in their forties yeah. I feel like
not because the time for making the most amendment ever made working with you, I was I was forty
I feel like that. Number to store right now is too low. For me, I feel like I'm out more money
as you are. You are you are you? Are you need to do the math on you? Do the math on you get busy talked more people,
We buy your talk, dirty money radios above about having
all this talk any more about it when you know that these people are going to fund,
Your target you're not funding your target. This is not your job to find your target. Your job is to talk to people that will find your target and it gets
spouse, to fund the target. I got a lane on a phone call yesterday doing this,
the Genie shone like hey. Here's, a list of people seated notions rather do this star gone
my sales James call them Natalie call them I've come you call them now a day, a man
about thrown a little bit more found? Gaullist three of them didn't answer one? I'm did she got vibrate, so you can get
mom involved, get you dad involved, gets you know, get. Did you
get your family members to buy a cordon universe,
their contributing to your target. Not my I got mine, I get man already
have acceded man
this whole thing now, for you guys you guys what'd, you somewhat are not our full respect. Number three enforce investment. What do you feel this? Like your top very safe investments, real estate, real estate,
loving guy. You know why? Because when I buy a building with an address,
If it's in the right location, it will be
twenty years now so
I had a guy called me that, according to ships it ass, it did not know what about courtiers
you're not going to be here, so I'm not
combine. Bitcoin, I don't know anything about the man you wanna Gimme, some Bitcoin all day, but are not binding going on about
twitter stock. I don't know anything about ways: Twitter gonna be here in a future. I don't know. I know I only invest and things that I know will be there in a future. Excluding
condo, nothing about it. I know I don't need that. I want
but things that people pay for. So this investment right here need to produce what one of them.
Criteria can't lose money number two.
ass to give me a drip if they don't have
baby, I buy it, so you see
Why? Because I'm trying to get out of this
goal is to what I want money passive money from this
go to this so on
go by Google stock. You know why, because they don't pay a dividend. Every month I needed
I'm not gonna by eighty anti stock. Eighty anti pays a dividend. Every quarter when do they collect agreements?
every month. Can you imagine colonnade tedious? Do we want to pay you every quarter? Like you pay dividends, fats,
important monthly cash flow is. Do you understand that they?
pay their dividend to investors every quarter? They collect checks every month,
the difference between those eighty nine days makes him hundreds of millions of dollars the bank
America. Northern trust right here will lend me money to buy an apartment deal
but they won't. Let me money to buy their own stock. Think about death.
A bank will lend me money to buy piece of property, but they will not. Let me money to buy Bitcoin.
they won't. Even let me money to buy a bank of America stock. So what do they believe it?
cash flow man, they believe in cash flow cash flow that any asset the generates cash flow into the future
is going to be worth more money, so what
why invested in ya see whereupon alma money? That's all talk about all done, because I know it could be there grants of saving for
son, each and every single monetary, and so like the I've heard, you
when you're at a hundred thousand. That's when you should be like investing in like it has grown view of society should be going to the right,
you're, buying your own deals with the problem of debt in Miami for you, because I'm making a statement to a lot of people when I say that the problem in Miami as a hundred grams gonna buy your three hundred thousand dollar deal, which is maybe duplex.
Then that hit set other rule, unlike never about two doors you
thirty two doors. If you wanna go, do these on your own, you need thirty, two doors.
In Miami, that's gonna call shoe more like six billion dollars
and Amelia to down secondary. Why do you make the decision to put like that investment in turn?
well developed men like training is lecturers targets. Will you get this number
lieutenant should all be gone. Interpersonal about all of it, ok, like all you left overs, you should be.
personal development vote
the peace, chicken republics. In an endless you, you guys don't eating personal development. You just need to listen to me every day, just tapping
to the friggin audio programs. You got millions of dollars worth of training around you every day, just in the car, when you workin out just like stay with the same message over and over until grooves in onto your
your? U, you feel like me a little bit.
and then what will happen is it'll come back
give you ever. Have you ever just been around somebody? Maybe when you are younger in your around this person, I'll send you like, I felt like I was essentially like you write you need,
to sound like me until the other? You comes back on top of it.
and then you understand, you're, not you there's no effort in how you're thinking
The decisions you're making this boring right, you're Gus support this is boring, but a guarantee to work
so the third thirty three years old to forty five years old, there was no vacations. I didn't go to Hawaii
I went to one fishing trip. It was worth man. It was like that's right, that's my vacation! When I get that
and then I will do what I gotta do. If I was on a vacation, it was because I went. I was going there to see a client jersey me Jersey, me on the road. John Hammond
This means playing one day went too far: cities and one day, John animals on the plains like. How can you do it anymore?
your job for two days after the USA was so tardy, didn't go to work for today,
Concentracin this or maybe it's fifty, maybe its honour, or maybe it's a billion,
so so you got you got to say what game you gonna play your cause right now right now you
today in Europe, you're being manipulated by the work so right. My Gauls takes me about twenty five seconds. The right my goals,
then I'm bautzen,
on a phone call. Somebody does a move me two hundred demo media two hundred then move me see what I'm saying I spend my time in doing so.
You're spending more than twenty five or thirty seconds right you're goes down. You play your hat.
You don't need a figure all this out right now. You just need to figure out forty percent thing just work on this. Can you get this because I guarantee you guys want close this number? If you're doing this good for you source of unbelief
there's really ordered it. Ok
that's your candidate and by the way,
given the great product we given great service, we support people, we help them, do exactly what I'm saying here right so
because, right now, these people to be until they're doing good you got you got, got your talking to out there and make it three and four hundred grand a year. Okay, I know four guys that are about to lose their job and they,
They can eight hundred grand a year. There are loser job, they're, gonna, be told this not you're done
Ok, I got call me recently, I'm done with these guys.
in eight hundred are sitting on the eight hundred there have you would they donor? I'm done he's like if I gotta come to work here every day and NATO?
when a push I'm going?
them find somebody else for gas.
to go from a donor grant a year to zero
Next, thirty days ago we looking for work, so it happened so
people May Emmy of units a family member loss of jobs.
You'd have family member where the kid got a drug addiction had to go to react for thirty days and it costs forty grant the better
happens here. Maybe no somebody got cancer go home
the way to car actually cost reform around. She had abbots,
Great problem is not that shit happens should happen to people already for hook.
We believe this happen to me. Oh shit, really
damn you been around long enough.
How many of you can't swim
want to fly into water. I'm just saying you might want to do this one unless, when planning you know
to be a zillion air then
show you how to get rich and give it all away.
I'm going to show you here in the car owns the calm down zone. As I said, I will show you how to take a little bit of money, little baby money.
Then she got right now, because you know we all start as little totters
so you have to start with a little bit ominous.
Yet it is the future value of the money
am I show you how to start with five k in any in a dumb five thousand. Now, let's keep her real,
body in a anybody. I don't care if you got an IQ eighty.
Body anywhere in the world can find five thousand dollars.
ok! Now the question is
What I need to do more, but I need to do
we talk about targets. What would I need to do right here to pick a target and take the five k and turn it into some real Kate, Hake, the church, a calm down right here, baby
make your money must apply in the millionaire booklet. A guy named grant car known genius city is rights. You gotta first make the money. Then you gotta keeps the money, and in the third thing you gotta do I'm a trotted, I'm a trot. It would what to call when you, you basically flow somebody threw on channel this grant cod down dude through me. The third thing you got the new is no: how to multiply the money I'll check it out. If I could figure out by the way I have done the math on this, because I check my uncle
gee, say car down on channel in him the day, if you can figure out how to earn twenty percent on your money for twenty years, this money
be word one million one million one hundred and twenty thousand dollars. If I did, my man is good, is grant car down. Does he is? What am I doing? I'm a double check. That's what my boy, my uncle John told me to do
double check New Umass, the point. This is, as you wonder, if I'm on drugs today,
and say hey. What's going on with you say it's Friday dog: can you ready for the weekend so that you're strong through the weekend and you're, not drinking and drugging and doing stupid shit and I'm trying to make the money game fun for you cuz? Nobody else did they made it serious and it doesn't need to be seen
but it does. Let me say, let me say: lemme repayments have it does need he had big, because if all you think about is the five k you king it or the five thousand, you have an you king needed to become something else is, can you guys never had a target? The first damn place? You have to have the target this. What you daddy, didn't teach you daddy sit main. That is impossible. Your plumber contract or network marketer, whom you have to be somebody special to make that kind of money. No, you don't
money. Does not ask for your specialty, ok, money flows to me. Money does not ask questions
It goes where it knows it can get some loving people that don't like money don't have money. You ever noticed that people that don't like money, don't like don't have money. People, then don't think money is good. Don't have my
the brown people all hates on the moon,
everybody out that is broker struggling, doesn't have it
you're gonna, be ok
You have what you, because that's what you planned on
you know what I'm telling you you have, what you have the problems, the struggles that happiness, the kid everything you have. You did something or
hidden do somethin to gets it.
Good the bad and ugly, ok
Your t shirt,
T shirts got re, causes cause you need, or did it knew something? Maybe
left it in the dry, your long,
look, look, here's the deal, man
Bob ran on twenty six years old. I got my first five thousand status that they do not pay off. My damn college ones,
furthermore, so why am I gonna go back and try to,
excellent, dumb ass thing already did
one one move to the future. Rather than go,
the patch you guys are chasing the past when you shouldn't be creating a future and when you chase a pass, you just keep going backwards. You just keep going backwards, and I said no man I'm not going to do that right. Now, I'm going to put my college debt off for a while I'm going to pay them off in some point in the future, but right now
got to go to the future, and I sat down on my. What would I need to do.
What would I need to do to turn five grand into a million dollars other than get rich, quick other than investing thwart man? It's work, ok, not look! You took five thousand
I'm gonna give you two quick math on this. In every year you added five thousand dollars to it:
an you earn twenty percent on it. It will
one million one hundred and twenty five thousand dollars limited pci. Did that math right, my number three hundred and five. If you want to talk to to me three hundred and five, eight hundred and sixty five, eight thousand six hundred and sixty eight.
Jimmy S got a gmail is today in the car down zone number,
Periods imo put in twenty, I must start with.
Kay hey. Anybody can get five gay, I'm talkin about dome down my daughter who get five k and I dare say she was done:
And I'm a profound grannie in every year, by the way in the body, can add four hundred dollars a month
one million one hundred and twenty five thousand dollars one in twenty eight bucks. Oh
quest dino. Now we
move your man from work,
five k to where do get
The twenty percent. The programme talking to you about the future valuable is a game of employment. For years. Is how
to figure out how to turn ex dollars that you have today,
and do more money in the future. The question we're getting ass right now and you too from the
people on the Youtube is who is anti where's? Granted it
near the question was: how do I give me some more than twenty percent
man, nay, not the quite
Thing is you guys didn't understand when I played a future value of money game with your man? No
is now required,
soon by the viewers ship is no longer. How do I get to five Kay
Not even how do I add five k a year.
The sudden you people, I would say, am efforts by was any or Reggie
Or Gmail daddy, but whatever his name is Anita, Anita Havoc
to do bring a big, bring a big breaking gold thing around the north sea?
What I do is I ship in you people
From this perspective,
get me some twenty percent money, ok
just ten percent by the way. If this is ten percent, it's only three hundred twenty grand
when he hears. You would be worth three hundred twenty grand five grand ear but
thousand added in a year in human me on this planet can do that I'll. Give you living Afghanistan in a dam in a day
in a sad about, nay amount,
care who you are you down and you down down down where you live. Man where'd you come from
you damn Venezuela and
of yours, o flip, a news
papers, they can't even read down there. You come over five,
thousand dollar? U S dollars! Anybody can do come up at your great everybody, great
Five grand is the dual deal. How do I do it for twelve dollars a month? Ok,
gotta! Go steel. Ammoniac still thought that you could still five grand for me and I wouldn't even know it's gonna be like Northern M Journey got JANET Johnny,
The aim is not ok, so look check it out if you can add five thousand in on twenty percent to be worth a million one. Twenty five, if you can do this at ten percent, be worth three twenty something you small thinkers out there be like do. Take two three: twenty: how do I get ten in? How do I get twenty? You guys it figured this! You like shit
if the play is big enough. Dude I'll figure that out nobody greasy see what addition are shifting your man by giving you a target
I don't go to target, I git targets in that keep targets, and I refresh the target
and a target is, I want to be a millionaire. I was twenty five years old.
I want to be a millionaire. Ok, though monies out,
There is available, I can say five grand I can put it away
I could store someplace, safe, ok, no
he's going to jack with it. Mom is not going to take it from him much girlfriends not going to take it from me nobody's going to rip me off. Why? Because I got a future attached to it.
good earn twenty percent. So what do I started doing research? What would pay me twenty percent a year, not this year,
over the period of time. I got twenty years by the way. What would pay me? Twenty percent a year over twenty years,
that is when your boy GC got rich. I didn't get rich speaking
I didn't get rid selling books. I got rid shop and real estate
thirty years old shop and every weekend dude every week and all I did between twenty five and thirty years, always make money. Make money make money and push it is pushing to push it to set
even when, in the first years when I was not watches, even when
was not twenty five years old five grand bone next year, five grand
next year, five grand bone, guess what next
oh by the way, this money sittin dead in the bank
that not everything is that its inner it's in a wholly account.
Holy means. Ok, I'm
a hole in your face. If you touch my money, nobody could get
there's money in this. Is that like sacred account? Ok, you with me.
oh wow man. I could add a little bit. Maybe there's more money, twenty nine. What am I doing right here? Okay, one thousand two hundred and thirty four boom. I got twenty five thousand dollars sitting in the account
and what a million dollars and I'm five years into the plan,
but when I was ready to start investing money, I store do my homework.
Thirty years old homework, shop and properties, thirty one homework shop.
Robberies, thirty, two on that buying cars you guys about,
cars flying on jet charters chauvelin.
Gonna vacations, Orlando and stack and paper. Guess what happened
I have five years of a patent. Bab ran away next thing. You know I had twenty five thousand dollars to add to my twenty five thousand dollars.
Next year are making more money. I got twenty five thousand dollars, you see what I'm doing stack Indo and looking for twenty percent
I know there is a twenty percent play out there. Some of this money was sitting in the bankers years and years ago with the bank was pay me six or seven or eight it didn't matter. That's not the target. The target is to get to one million. Remember this and let's open up the car
the guy, your job is to find a vehicle. They can pay you twenty percent a year might be a business
might be the business Joanne it might be.
By advertising for the business are brand new and for me it was this
I'm an about real estate that, over
long periods of time. I will
cash flow okay. So the real estate works.
I put twenty five thousand dollars in a deal that deals.
Are we going to pay me ten percent a year,
yeah, but grant you said. Would you say grand? Would you say twenty percent grand? That's what you said yeah. I know what I said. This ain't Eddie
Ok, now how much do I have? I can reinvest that money back in the deal. The next year I have twenty:
seven thousand five hundred dollars iron, ten percent- on that as twenty seven fifty or sunlight
that I reinvest that now got thirty thousand in the deal. But what you don't know is the the rent
this property, as I own it over twenty years, two thousand thirty eight war disposal. This thing the rent is
going up as I'm adding money the rents going up, and maybe this goes from ten percent a year. By the time I sell.
At twenty percent? Ok, my average deal has paid me over thirty percent a year.
So when you start taking money and start compound like that,
For long periods of time the trick is long periods of time. You have no choice. Is you have to learn this game right now
This is why we're gonna openness about just registered with the SSC to open. This took my investments we're going to change the way people investor
I'm gonna change single handedly changed the way people invest their money.
for money out the make your bank money.
Right now zone, point zero, zero to five percent,
my real estate turn twenty percent twenty five percent
fifteen on a bad deal. Fifteen percent of a bad deal, fifteen percent.
a bad deal in your and one quarter of one percent, that means
iron sixty times! Listen to this,
my real estate pace. Sixty taps the bank sixty times you understand that number. Sixty doubts,
so every five grand is going to be worth thirty thousand Sparta sixties. What three hundred.
Five thousand dollars
If you can do whatever you can earn on your five thousand man's gonna be three that three hundred and thirty three thousand times more money.
Manage rank, are down you in the car downs. We got collars on you.
a question. You got a situation, you got a problem, you ass, you uncle! Jay was up.
No, what's Goin on China here this deal actually can be twenty percent,
Let's find out man give me the deal you gotta new. Yes, seven. Ninety five eighteen units, she got the right road.
Five, each unit? How much is it it? How much is illegal? How much is the deal? Seventy, ninety five,
hundred and ninety five thousand Ok Brownsville attack
if you pay cash for the deal. If you pay cash for the deal it needs to make in this
you'll need to make on sixty thousand dollars a year. Does it a hundred and fifty
after after the ran after you collect ran after you pay the expenses it needs to make. A hundred
twenty grand a year to make twenty percent, or or
is to make eighty thousand bucks a year
and we may sell it and make a hundred
It makes one wonder and robs makes a hundred sobering income will be a hundred times were point forty, seven percent. Yet that's what he said
and so round? Fifty two, fifty three but our debt? Fifty three, not sixty three! Ok,
I don't know. Maybe it's not gonna make you, but here's what you gonna do man you gotta look at cashflow like. I have deals that make me a cash flow.
percent a year, that's all,
pay add money. Every year I had money every year. Plus
when I say all this is where we pick it up. Ok
if I can have a scored, so you have leverage when I come back, I'm explaining the leverage game. This is the only place today. Folks, I'm telling you wake up to what I'm telling you. This is the o
we gain where you get leverage appreciation,
tax, advantages and multiplication. Look, here's the deal,
you guys got to learn a magical money. Man,
money is about multiplication monies about multiple multiplication, its
it's also about future values.
If you don't have a future value of money. Understood of union wife have not sat down and say what is the few
you're value of money. All you guys, rather this plan for retirement. Now you don't need
and for retirement, if you do the future value money.
if you take five thousand dollars right now
and you aren't twenty percent a year and you
for twenty years. Okay in you,
Five thousand dollars every year
you will have one million one hundred and twenty five thousand dollars. You guys are to take a picture,
put it on your damn refrigerator. If you ve got one,
and now what are you going? Do is simple man? Don't you guys gets it? I don't want to lecture at your I'm trying to wake you up.
You need your attention. On the first five,
then you need your attention on the second five really ass, a writer like this. The formula really goes like this guy. In there
I'm gonna go. You start with five grand anybody
you can do that nobody great plus,
thousand a year,
Anybody can do that. Anybody can say foreign box bucks there's. No,
way. There is a way once there is a commitment, but why
Would you if you're broke.
If you have no place to go see when I was twenty. Six years ago I was wrote. Twenty seven I was wrote. Twenty eight I was broke. Twenty nine. I was wrote thirty I was broke. You know why? Because I take them,
Brian and push it off to decide now is broken hustling grid, another five green. Why? Because I knew where I was going when I was going here,
I'm like I'm going to be a millionaire, dude ain't, nobody going to take this deal from you and I'm not going to wait till I'm ninety years old to get the million bucks right by the time. I'm
Three years ago I had one million one hundred and twenty five thousand one hundred and twenty seven bucks in a damn account one.
One hundred twenty five thousand one hundred and twenty seven or thirty. Three years old, and I started with no money at twenty five. How.
I got the five thousand. I don't need to go, buy something. Yet I got to add that every year now I need to learn how to get that money to grow twenty percent a year. It'll. Take me twenty years
To get it done, how did I get it done in eight years
I must have either added money are,
more than twenty percent, and it was a combination about how do you do that.
you don't do it at job
Go you can be a waitress making. You know forty thousand
bucks a year and also make twenty percent more. It's your job! You can't let you
is that you can. Just all this and say on twitter
percent better. Give me twenty percent more money, and even if you could you do it one damn that every year Frances
It cannot be such a good cameramen. Did he say, hey do look gimme! A twenty percent raises you're all right,
Can you do it again? Next year, sooner or later it will be like cabin our dog. Ok, you're photos aren't that good
I mean no word banana get expensive. You understand a plumber contractor
since the MRS Charge zeal hundred bucks this what he tries to do.
Twenty percent more massages this year than last year. He can do that.
Now I do and a hundred twenties
now this year. I'm would do another twenty percent on top that last twenty percent sooner or later, this guy you're about to give a massage. How does he do it
invest money in this business and harm more people to do stuff. But if it's true
to save money. Can't do that or he's gotta start a second business or he's gotta start investing an asset that actually produce for you. The fur business that I created with Khartoum Capital is the best business that create, because I can take my money put in a vehicle cannot get destroyed. It cannot go backwards cashflows every month. It provides me with passive income. It's got great tax advantages. We're opening this up. I just file with the S e c.
to open this up for reg a plus investors, so anybody can invest with me. We want to do this for you. I want to do this game for you and show you how to multiply money. I collars
but you guys got have. I gotta had the right Bob from you on a woman
negative, be buying this gonna work. Let me
would you do now? Ain't gonna, work gate. Let's talk to Matthew, Matthew from the Bible,
there were the goddess Matthew, manganese anti eyebrow good adopted was going on. You haven't you ever get out you for so long letter is at an age twenty Km Hillsboro annoyed about big deal yeah I was, I had changed and saved my account and I would ask those there
You should start because their taxes in insurance in a really bad and the location,
really global. I don't know like I should start somewhere like looking at them like a different state. Were I gotta property cross from my house now travel can open a tiny tribal excited where we must start there. I was basically gonna: ask you work and set them for the ten grand Satan
The budget is saving over, not we'll do it, if you, if you if this did this, do that if you took my math that I just did and you didn't ten thousand stuff
There were ten grand and added ten what just ten
They figured out how to add tin. So what would you do? The first thing he would do is images locked the tin away. Now is dealing,
How do I get to go? Get another chance to me. Your question is to like big MIKE
he's gonna be simple. Eddie hour, Wang amusing money May.
Where are your another term? You guys want to go back to college.
You gotta go Commagena yet again that you want to look across the street eyeing alluding to grocery lagging me another dear. I won't watermelon was a watermelon. I wasn't
was a chicken man. Ok, I want a balloon.
Where's, the balloons say money one. When it becomes money, everybody gets complicated away, shit man now we got to slow down,
Ok visit Twinkie, if it's a twinkie here by thy faggot. Nobody who get my twenty seven is right.
If it's a week, if, if it's a swimming pool our bodies like oh, I know, I gotta go the poor. If its money we complicated
so all I would do do does I would I would land bank your ten right now I would add: tint
at every year. Okay and guess
in ten years you got three hundred and thirty thousand dollars
That's it. You know, make a score
now. The only place I know how to do that is high risk stuff, like a bitcoin, which I don't recommend because the first rule of investing
then I tell everybody: open overs, don't lose money. Second rule dont lose money, thorough freakin, don't lose money
ever
if you're not gonna, lose money and you're looking for ten or fifteen or twenty percent returns, what asset classes that not the stock market is not the bond market?
It is not normal daily. What I can assure you guys turbines and property,
so what you gotta do right now is you need to put that ten k away come up with a plan to make ten thousand net net net of all your expenses that you can pay
Mark and while you're doing that, that means that job could be more
when lawns washing cars, I don't care what it is:
In the meantime, you need to start getting your freakin. You you're real estate, walk and choose our next collar mining, Frank Cardona,.
The cartoons and enable talking about the future value added. No, nay, most people don't have future value guy. Just
we were interviewed together. They do. What are your expenses, how much money you need work here, more well,
I need a good which,
future value calculator look like
on the building. I wonder: Grant went had Ghana,
he's goin on here to become millionaire right. Ok, RO, RO ones! You make the first ten thousand like myself in a fantasy ten x, is not about Fantasy Kinnock's about damn work and multiply and adding next collar
Patrick you better- have something good. By the way. This three hundred and thirty wasn't three hundred and thirty. It would just be better guys if it was six hundred and forty
does out ten thousand dollars, then aren't ten percent a year for ten years
if he had ten grand, will be worth six hundred million men talk to me ye see without man. I didn't get through the other walking like two years now and I will go on ass. A man look look as this number guys guys guys like having that interesting number. Ten percent-
ten thousand at ten thousand ear buying. You got it what's going on brother long time, I've been waiting to talk you for two years, man,
I know man has been great. May I thank you for all you ve done men want any videos like you. You learn a lot like humbled. It talk you man, you meant that. Thank you met by the way that was twenty years. I made a mistake to ten thousand twenty times. What's that bro you gonna question, ten percent may again just click. I mean everyone each, thus allowing them trying to break free from like the ninety five, but like that, like it just kind of public being around much that you average people every day to know one thing better at a light and stuff from the sharp leaving any input on that I mean,
Yeah got inside man get away from me. I mean you know you ever been in a bad movie. Most most people stated in your right about that. You ever noticed that you have been a bad movie online. I got a bad move out only so that black Panther movie, I thought of his term fifteen minutes. Friggin awful ok is awful. I sent the lay. Let's go stay owner thirty minutes into baby. Let's go! Ok, it's not gonna get better, so we ve seen all the frequent instruments by sister. So let's roll less rose, I mean my wife has.
Stated a very and even if this bad, maybe look we already know is bad Lee. You, ok, Lee you got a friend is no good to leave his ass on the side of the road shit man
his siblings, already left him. I'm getting to that point. May I, with my job man
that man, you are very kind of venereal disease man. Maybe I'm just
I am now you get to her big man. You wanted to go what by you,
ass. A man I hope, is a funny man. Nobody he get rid of this, but you won't do if you could go on talking about you. Friends broke neckscarf.
come on job. There was an umbrella groundwater. Man's got pretty good. You don't love how you do you, then I'm doing all right. I got a question on a man. Please asked me a question about a real estate deal.
Forward to your question about real estate deal. So I guess I didn't released is sadly Malta, Emily, but a long time you do like yours, Darwin for Blacksmith Lester. The star would afford Lex. So the deal is two hundred and ninety nine
yeah. Why you want to start to four blacksmith: guess can only
for a year and then sell it. I like it. I like the way you Talkin
to ninety five right. How much is it
which is it? What is I thank you for listening to their cardoza, subscribed to disband gas, to leave a review and check out dragged on your favorite social media platforms, a great
Transcript generated on 2021-09-02.