InstituteofTrading
1,179,651 views • Aug 2, 2018
Key moments
Who Wants To Change the World the Best Way To Change the World Is Get Rich and Use Your Money To Change It the System Is There for You To Do It no One's Fighting You the Vote System Basically Gives You the Power To Elect Superior Goods and Services That's the Money System and if You Provide those Superior Goods and Services You Actually Raise the Level of Living Standards and Humanity Yourself and Eliminate Bad Products and Bad Services so Everyone's Life Gets Better that's the Beauty of the Capitalist
Who Wants To Change the World the Best Way To Change the World Is Get Rich and Use Your Money To Change It the System Is There for You To Do It no One's Fighting You the Vote System Basically Gives You the Power To Elect Superior Goods and Services That's the Money System and if You Provide those Superior Goods and Services You Actually Raise the Level of Living Standards and Humanity Yourself and Eliminate Bad Products and Bad Services so Everyone's Life Gets Better that's the Beauty of the Capitalist
12:24
So To Succeed in this Superior System as Proven by History First of all You Got To Accept It and Embrace It and Work Out Its Advantages and Disadvantages and Operate Successfully within It Start Trying To Think in this Way What's What Was Global Gdp in 2017 Seventy Nine Point Two Trillion Us Dollars Do You Have any Comprehension of How Big that Is in 2018 It's Going To Be Roughly Eighty One Point Nine Seven Trillion in 2019 It's Going To Be Eighty Four Point Eight Four Trillion and We Continue Growing Global Gdp It's Been Growing Three and a Half Percent for the Last Six Years
So To Succeed in this Superior System as Proven by History First of all You Got To Accept It and Embrace It and Work Out Its Advantages and Disadvantages and Operate Successfully within It Start Trying To Think in this Way What's What Was Global Gdp in 2017 Seventy Nine Point Two Trillion Us Dollars Do You Have any Comprehension of How Big that Is in 2018 It's Going To Be Roughly Eighty One Point Nine Seven Trillion in 2019 It's Going To Be Eighty Four Point Eight Four Trillion and We Continue Growing Global Gdp It's Been Growing Three and a Half Percent for the Last Six Years
16:28
Don't Worry about Other People
Don't Worry about Other People
22:05
You Really Don't Truly Know and Understand the System That You Live in whether It's Successful or Not So if You'Re Just Sitting in this System Thinking It's Bad but You'Ve Never Traveled How Do You Know It's Bad How Do You Know It's Good You Don't Have any Perspective Whatsoever I Would Advise You Know When You Meet People One of the First Conversations You Should Have with People Is How Much of They Travel in Their Life
You Really Don't Truly Know and Understand the System That You Live in whether It's Successful or Not So if You'Re Just Sitting in this System Thinking It's Bad but You'Ve Never Traveled How Do You Know It's Bad How Do You Know It's Good You Don't Have any Perspective Whatsoever I Would Advise You Know When You Meet People One of the First Conversations You Should Have with People Is How Much of They Travel in Their Life
29:59
But for the Whole Time You Have no Freedom for 30 Years You Have To Make that Payments every Month because You Don't Know Anything You Don't Own It till the Last Payment of the 360 of the 360 Months so You'Ve Got that One Situation and You Make if It's Worth a Million Two Hundred Ninety One Grant or You Stick It in a Box and Make 10 Percent and You Make 1 3 Million That's the Second Situation There's Opportunity Cost of Capital So if You Believe that You Can Actually Make 10 Percent per Year on Your Money
But for the Whole Time You Have no Freedom for 30 Years You Have To Make that Payments every Month because You Don't Know Anything You Don't Own It till the Last Payment of the 360 of the 360 Months so You'Ve Got that One Situation and You Make if It's Worth a Million Two Hundred Ninety One Grant or You Stick It in a Box and Make 10 Percent and You Make 1 3 Million That's the Second Situation There's Opportunity Cost of Capital So if You Believe that You Can Actually Make 10 Percent per Year on Your Money
45:01
So It Would Have To Increase by that Value for 1 3 Million so It Would Have To Be Worth at the End of 30 Years 1 8 Million To Pay for the Freedom That You Obtained by Not Having the Mortgage Does that Make Sense so You Make One Choice You Can Have the Mortgage You Can Tie Up the 75 Grand so It's Now They'Re Tied Up and There's Nothing You Can Do about It or You Can Put It in a Box and Make 10 % per Year and It Compounds so the Property Would Have To Work by that Much for You To Basically Not Give Up Your Freedom as a Minimum Well You Got To Live Somewhere
So It Would Have To Increase by that Value for 1 3 Million so It Would Have To Be Worth at the End of 30 Years 1 8 Million To Pay for the Freedom That You Obtained by Not Having the Mortgage Does that Make Sense so You Make One Choice You Can Have the Mortgage You Can Tie Up the 75 Grand so It's Now They'Re Tied Up and There's Nothing You Can Do about It or You Can Put It in a Box and Make 10 % per Year and It Compounds so the Property Would Have To Work by that Much for You To Basically Not Give Up Your Freedom as a Minimum Well You Got To Live Somewhere
46:09
Pensions Building Your Own Infrastructure
Pensions Building Your Own Infrastructure
1:04:34
Pensions
Pensions
1:05:37
Pensions
1:05:37
Transcript
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InstituteofTrading
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