This Is Where The Rich REALLY Store Their Wealth

"the cash in your bank is losing value for the last number of decades and I'm not just talking about what happened post 2020 even if you look back for the last five decades our cash has been losing value year after year after year"

"you want to have cash to protect you against an emergency so for that maybe somewhere between 3 to 12 months worth of expenses saved up to protect you against an emergency and this is going to depend on your risk tolerance"

"I have a system where every Wednesday cash leaves my checkings account and it's automatically invested into stocks and it does not matter what's going on in the world this is going to happen every single Wednesday"

"the people that actually make money from their Investments are not the people that make an investment for six months or six days or even six years these are now the people that are investing their money for the long term and now if you can become a Buy and Hold investor where now you're holding on to Investments for the longterm maybe even forever now you have the opportunity to make much more money"

"Market crashes are part of our economic system they've happened in the past and they will continue to happen in the future yes the stock market will crash again yes we will see a real estate crash again"

"the way you become wealthy is not just by stacking cash that's good that you're saving cash that's good that you're stacking cash that's part one but now you want to do part two which is convert this cash into an asset that's actually going to pay you for owning it"

"for the average person who's not in the game of reading financial statements who's not in the game at looking at individual Investments who's not in the game of managing their Investments who's not in the game of valuing their Investments the way that you win then isn't by now trying to find the best investment... is just by finding a way to keep regularly deploying your cash into your Investments"

"guess what there are tools out there that will let you create an automatic investing system there are apps that will let you invest in real estate there will apps that will let you invest in stocks that will do this automatically and passively right out of your bank account"

"if you don't want to worry about all the work that's required to find a good investment and manage an investment that's okay you can just throw your money into the stock market into a portfolio that gives you exposure to the total stock market or to the S&P 500 or to the Dow Jones or to the NASDAQ"

"if you really want to build wealth it is not something that happens in 2 weeks 2 months or even 2 years you have to stay consistent with your Investments I call it a decade of sacrifice"