What it's Like Having "F*

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Ken McElroy

Ken McElroy

21 күн бұрын

Take a trip to Colorado this week with Ken McElroy. In this video, Ken discusses the relationship between money, time, and personal freedom. He touches on how financial independence can transform everyday life, the challenges of sustaining generational wealth, and strategies for smart investment to maintain a lifestyle without compromising your financial base.
Ken has a real estate strategies podcast! Follow your favorite platform each week.
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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
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Пікірлер: 813
@KenMcElroy
@KenMcElroy 20 күн бұрын
If you want to support the channel, please share this video to increase its reach. It would really help us out, and it motivates Ken to make more videos. Thank you so much it really means a lot.
@TheRainHarvester
@TheRainHarvester 19 күн бұрын
It seems like you work more than most!
@DBCooperMOTIVATES
@DBCooperMOTIVATES 19 күн бұрын
Thank you for sharing your knowledge and experience Ken. It's extremely hard not to smile all the time lately. I had the epiphany that I'm on a never ending learning journey and everything has blossomed into a different optimism level I never dreamed of.....now taking the action part, well.... that's on you 😁, just kidding. Keep making videos Ken, they are appreciated, you are the man!
@brettlaw4346
@brettlaw4346 19 күн бұрын
Money is too often abstracted away from it's underwriting assets which are labor and resources. You should be able to value your contribution to society in man hours of labor. Resources aren't really your anyway.
@outlaw19able
@outlaw19able 13 күн бұрын
HELP you OUT??? If you're so rich, why are hand-outs wanted..... BS....
@DBCooperMOTIVATES
@DBCooperMOTIVATES 13 күн бұрын
@@outlaw19able When did he ask for a handout? He asked for people to share the video and it would help out.
@CTWealth
@CTWealth 13 күн бұрын
Self made millionaire here. My business colleagues and I are constantly grappling with the challenge of how to raise our kids to keep them grounded and "hungry". My business partner took his 4 kids to Rwanda for several months to help build a school. The town had no clean running water. He wanted to give his kids true perspective. My solution is to never let them know we are wealthy. They truly have no idea and I want to keep it that way, while training them how to view money and how to invest. Their friends are children of the "high paid w2" Ken speaks of. They have every toy imaginable, as do their parents. Meanwhile, my kids are perfectly happy wearing 2nd hand clothes, or shoes from Wal-Mart. Despite high wages, many of these parents are living paycheck to paycheck. It's mind blowing to me. Anyway, my 2 cents. Great video as always Ken! Hopefully we can meet up the next time you're in Denver.
@yashpatel261
@yashpatel261 12 күн бұрын
I think shoes from walmart is pushing it a bit. Why not buy a pair every few years like regular people. I think spending time with them will be more valuable than any material item. Its what really counts in the end.
@CTWealth
@CTWealth 12 күн бұрын
@@yashpatel261 they're really young, so they go through shoes very quickly. No reason to overspend on quality. Also, could not agree more on spending time with them. I coach my son's soccer team, attend all his boy scout trips and ski with them both every weekend. Time is for sure the most valuable thing.
@stocksxbondage
@stocksxbondage 12 күн бұрын
Competition is a good way to build those mental callouses. Sports and even art like music. Maybe our kids won’t desire to exceed financial freedom into abundance. As long as they’re happy, healthy, and have the discipline to push the legacy without us, money won’t matter. Another idea is to let them know they’re only getting a portion and most of your wealth is being donated 🤷🏽‍♂️
@NealBurkard-ut1oo
@NealBurkard-ut1oo 12 күн бұрын
My dad is pretty well off but I was expected to work as soon as I could. Caddy when I was 14, once I was 16 I worked 40 hr/week during my summers in HS and college. Went to a private school with a lot of spoiled kids. A lot still had drive though, just dick personality
@CTWealth
@CTWealth 12 күн бұрын
@@stocksxbondage I go back and forth on the donation. It would make me proud to be the one who started a generational legacy. But it might make me even prouder to teach my kids how to fish.
@Jus10r0b
@Jus10r0b 2 күн бұрын
“There’s always a bigger game.” Wise words. Made me realize I really shouldn’t chase the next level of wealth if my lifestyle and relationships will suffer as a result.
@dougronald561
@dougronald561 2 күн бұрын
This video really boils down the concept of making your money last and work for you, instead of falling into decadence with it.
@NashMancino
@NashMancino 9 күн бұрын
27 year old RV park owner here. I've been growing my portfolio for 5 years straight and I've never paid myself yet. Started with mobile home flipping, now RV Parks & now reinvesting into bigger things. I still work a full time job. Im very close to the point where I dont have to work my full time job anymore. This video inspires me to keep going. Thanks for the motivation Ken!
@BluejayDaGoat
@BluejayDaGoat 7 күн бұрын
thats nothing short of incredible bro keep it up
@murphyshsu
@murphyshsu 6 күн бұрын
Keep at it- it is coming together!
@grantdavies7561
@grantdavies7561 4 күн бұрын
From the trailer to owning the whole park, love it, keep it up.
@MillionaireMillennial
@MillionaireMillennial 4 күн бұрын
Good 👍 for you
@MillionaireMillennial
@MillionaireMillennial 4 күн бұрын
@@ensenanzas.estoicasMaybe he bought a book for $20 called how to buy real estate with no money down.
@BrandonCarson
@BrandonCarson 4 күн бұрын
Way back in the day when I was starting out, I had a financial advisor and he told me: you’ll never be a millionaire working for someone else.
@sandboxer9723
@sandboxer9723 3 күн бұрын
It’s a bs
@NaheedMan
@NaheedMan 3 күн бұрын
CEOs of the fortune 500 work for someone else😅
@GiantsOnTheHorizon
@GiantsOnTheHorizon 3 күн бұрын
I know a guy retiring at 41 from working for someone else in well paying but normal jobs. It’s about how you handle your money.
@bonifacekioko6320
@bonifacekioko6320 3 күн бұрын
Go be a CEO of a fortune 500 company 🤦🏿‍♂️​@@NaheedMan
@midgetsanchez
@midgetsanchez 3 күн бұрын
I literally got a low 7 digit exit when a startup I joined got acquired 4 years ago. Not “rich” yet, but aiming to break 8 digits by the time I’m 40.
@spivvo
@spivvo 9 күн бұрын
I was one of those corporate people but I never went out and spunked money on new top end cars, first class flights for top end holidays and ridiculous supermexpensive “look at me” posy restaurants, I also inherited about a third of my my current wealth when my parents left this world. Result, I retired at 55 and live very comfortably and set my own agenda with an investment portfolio of just over $10mil. I still travel with the ordinary folk turning right on the passenger jet but stay in nice hotels, eat in nice restaurants and live in a beautiful house. I spend no more than half of my net passive income and the rest gets reinvested to grow my capital. The trade in life is money for time…. Save the money and you get more time. If I had $100mil I still wouldn’t buy a jet. Good video.
@BadMannerKorea
@BadMannerKorea 6 күн бұрын
@@jejuislandtrekker8113 Uh, your payments can be zero under income based repayment. You make 120 "payments" of zero and they're forgiven. Your story doesn't make sense, or you're unaware of the forgiveness programs for teachers.
@zacharysherry2910
@zacharysherry2910 Күн бұрын
A jet sounds like a pain in the butt
@BadMannerKorea
@BadMannerKorea 6 күн бұрын
I inherited money. I bought a new car, put most of it in index funds, and I will use the rest to live off of to fund my PhD. It's not the most optimal way to use the money, but it's nice to focus on my interests, not work too much while focusing on health and education, while enjoying my life. You only have one.
@yashpatel261
@yashpatel261 4 күн бұрын
Good for you. Good luck with your PhD.
@TruthInspector
@TruthInspector 3 күн бұрын
If there's one thing I have learned through the whole college scam system is that degree is worthless... Especially a phd.
@BadMannerKorea
@BadMannerKorea 3 күн бұрын
@@TruthInspector How can it be worthless when statistically, college degree holders earn more over a lifetime compared to non degree holders? How can it be worthless when numerous professions, from nurses, engineers, doctors, teachers, and even professors, require degrees? I can tell you haven’t thought this through.
@josephhertzberg2734
@josephhertzberg2734 3 күн бұрын
​@@BadMannerKorea very importantly, it's an education and it's fun and interesting. Some people really enjoy becoming educated, and how do you put a price on that
@DavidMcCoul
@DavidMcCoul 2 күн бұрын
@@TruthInspectorI take it you don’t have a Ph.D.?
@topgun4499
@topgun4499 20 күн бұрын
I retired at 55 being self employed all my life my main issues were not only the handouts but frivolous lawsuit, like my buddy used to say if they see you have money they want some of it… and that’s the sign my friend that you are successful in life Thanks for all the good info
@redtiger7268
@redtiger7268 19 күн бұрын
The wealthiest guy I know lives in a median priced home for the area, drives a 2019 non-luxury car and dresses like a broke college guy.
@9xqspx6
@9xqspx6 6 күн бұрын
The worst is that they don't just want some of it, but they are happy if they can cause you too lose some (or all) of it. Nowadays this new-communistic movement (as I call it) is in a self-amplifying rage against anyone who has $2 more than they do. They also sort of resemble a 3rd or 4th generation that Ken was talking about in the video. Although not of a wealthy family, but of a family that was having a good, comfortable life, compared to the earlier generations.
@maximkhan109
@maximkhan109 20 күн бұрын
I have big respect to Ken and to those who started from a very humble place and achieved their personal financial freedom. It gives me hope for myself. Thank you!
@gosteampunkdotcom
@gosteampunkdotcom 20 күн бұрын
That was actually the real american dream.
@AlphaConviction
@AlphaConviction 13 күн бұрын
I believe in you
@MatgorzataZielinska
@MatgorzataZielinska 11 күн бұрын
I was told to spread my money across different things like stocks and bonds to protect my $750k retirement savings. Now, with the markets being shaky, should I keep adding money to my portfolio or consider other options?
@tomaszcz_k
@tomaszcz_k 11 күн бұрын
Absolutely! Having a financial expert has been a game-changer for me. They provide tailored advice that takes into account my unique financial circumstances, which has helped me make informed decisions and avoid costly mistakes.
@MatgorzataZielinska
@MatgorzataZielinska 11 күн бұрын
Thank you for sharing your positive experience! I've been contemplating seeking the guidance of a financial expert myself, but I wasn't sure where to start. Do you have any recommendations on how to find a reputable financial advisor or firm? I'm particularly interested in someone who can provide personalised advice and help me develop long-term strategies for financial growth. Any insights you can offer would be greatly appreciated!
@FredMeyer-no3ji
@FredMeyer-no3ji 7 күн бұрын
The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.
@SplendidJoshua
@SplendidJoshua 7 күн бұрын
Trading is easy, but trading the right coin without a time-tested strategy is incredibly hard.
@SmallSavage-un5xz
@SmallSavage-un5xz 7 күн бұрын
How can someone know a professional broker when legit once are hard to find this days
@workjax
@workjax 7 күн бұрын
@More Achiever
@jamesduke-di6ek
@jamesduke-di6ek 7 күн бұрын
I just contacted her right now we both are having conversation
@gamereactz
@gamereactz 7 күн бұрын
It's not that there's a playlist it's that their create it
@judymckee5992
@judymckee5992 20 күн бұрын
I don't have the desire to own fancy cars, big homes etc..I lived a wonderful life and all I need is a fully paid house, passive income of $4k a month is plenty to me.
@1stPersonStateConsciousness
@1stPersonStateConsciousness 13 күн бұрын
Really? You know what I have wondered Marcielle? What if God does actually grant people what they want but the forces of this world convince them to ask for petty things when there is so much more they could ask for. I ask God everyday to win big in the lottery, become a multi trillionaire, and to become God enthroned on earth. Idk. Sounds like a lofty wish list but I'm not about to spend all my life on earth just to die then get to the otherside realizing I could've done/had more .....if I just asked
@judymckee5992
@judymckee5992 13 күн бұрын
@@1stPersonStateConsciousness , You seek God with all your heart and His righteousness and all these things shall be added unto u. My most important wish is God drawing me near to Him. I have everything I wish and some I thought was impossible but God granted my hearts desire. I wanted to see Air Force 1 and also to fly in the king of Saudi Arabia private plane, both wishes happen on the same day. I wanted to see the world and thought I could only be able to see when I die but God brought me all over the world. I wanted to be a millionaire by 40years old and also to give down payment for homes for all my sibling who doesn't have one but God fulfilled my desire. I wanted to give a business to my dad who is not very educated but God put me at the right place and time that I got a courier contract for him to run. There is so many others that I can't listed them all. Faithful in little God will give you much.
@billycho566
@billycho566 9 күн бұрын
Everyone says that till you get the 4k. Also ignorance is bliss once you find out about all the cool things you can buy and the expierences you can have you'll need way more. Like Ken says his fun weekends are 50k
@judymckee5992
@judymckee5992 9 күн бұрын
@@billycho566 , I have 6months vacation in different places around the world, what more does anybody want.
@AR-ly7yt
@AR-ly7yt 4 күн бұрын
Yep same, paid off house and 4K will sustain
@JonLynchIsAlive
@JonLynchIsAlive 13 күн бұрын
I remember when I made my first billion. What a feeling that was! It really meant I was beholden to no one else on the planet. Incredible feeling. Then I woke up.
@chrispeeples6961
@chrispeeples6961 2 күн бұрын
😂
@lyleburlingame2276
@lyleburlingame2276 20 күн бұрын
I haven’t even seen the video yet , but I’m STOKED to see Ken flex, because he never does!!
@brandicollins658
@brandicollins658 16 күн бұрын
I believe that is why he is making this video...for his 3rd generation!
@mattskillman
@mattskillman 9 күн бұрын
Ken, your 1st, 2nd, 3rd Generation analysis is SPOT ON. I have always said this exact thing. Having worked for a small family business before building my own, I have observed this first hand. The 1st Generation starts with nothing and builds value which generates wealth that the 2nd Generation eventually gets to benefit from. The 2nd Generation sees the hard work of the previous Generation and can relate, but grows up with the wealth from the 1st Generation. By the time the 3rd Generation comes around, they have become so detached from everything the 1st Generation did and being raised in wealth from the 2nd Generation that they don't know how to grow or maintain it. That's why a lot of small family business fail by the 3rd Generation.
@AlexandreGalinMtl
@AlexandreGalinMtl 7 күн бұрын
There s a saying that says it takes 3 generations to destroy a fortune.
@4453kevin1
@4453kevin1 7 күн бұрын
this is 100% true
@cesarguardiola4045
@cesarguardiola4045 7 күн бұрын
Why then do families like the Rothschild's and the Morgan's still have unimaginable wealth throughout multiple generations?
@audhauwidh
@audhauwidh 6 күн бұрын
That's a strong rule for people who don't understand that parenting is the most important part of wealth building. But there are dynasties spanning centuries which understood parenting is just as important as what you accomplish in your lifetime. Meaning true success can come from hard work you put in, but do not see the benefits for several decades or maybe even not at all. Now we should debate who is more successfull, the hard working entrepreneur who achieves success after 5 years or the patriarch who achieves success after 50 years. We are ruled today by the latter, but the short termers get the newspaper headlines. In the end, the civilizational infrastructure always wins. Meaning there is always a bank you need a loan from, and they have been watching your family for quite some time.
@hoaksone1
@hoaksone1 4 күн бұрын
Now that you know this why save? Lol
@Eden639
@Eden639 19 күн бұрын
I like Ken because he is down to earth because he started from humble beginnings.
@williamyoung9401
@williamyoung9401 3 күн бұрын
There's no such thing as an honest billionaire.
@thecapone45
@thecapone45 9 күн бұрын
Very true to never get into debt and never touch your financial base. I have retired and am happy to say I never once sold off shares to pay for my costs. And the portfolio just grows and grows.
@ReynaDPerez
@ReynaDPerez 20 күн бұрын
Thank you for staying humble. You are not only rich on the outside you are also inside rich. Now that’s quality! 😊
@jejuislandtrekker8113
@jejuislandtrekker8113 6 күн бұрын
Not rich on the inside if you don’t have Jesus.
@paulbrungardt9823
@paulbrungardt9823 19 күн бұрын
My boss has a net worth of $ 11 million--He doesn't live extravagantly-- He is presently giving away $ 1 million a year. He enjoys giving to people who expect nothing--Presently, he is funding his charity for blind children in Central America. He told me to: " Do Well, then Do you some Good."
@cesarmunoz377
@cesarmunoz377 19 күн бұрын
Been following Ken for a couple years and he is a prime example of someone who does not let wealth get to their head. He understands wealth is about freedom and using it to live your purpose. I think just important knowing what to do with the money once you have it as it is gaining it.
@nanayoseto9968
@nanayoseto9968 19 күн бұрын
Never thought I’d see the day Ken showing off his wealth being a humble man he is
@hmputra89
@hmputra89 19 күн бұрын
It is necessary once in a while. It motivates us to reach his level.
@wolf-yw9wk
@wolf-yw9wk 18 күн бұрын
u need to flip ur mindset lol
@AkaAlijah
@AkaAlijah 18 күн бұрын
I wouldn’t consider this showing off he’s just showing what it’s like to live his life not trying to flex
@Gbalz
@Gbalz 5 күн бұрын
U missed the point of the whole video !!
@bethdixon501
@bethdixon501 19 күн бұрын
I have wealth and one 34 year old Son. I’ve offered him whatever he needs to pay for his minor debt. He lovingly says, No Thank You, Mom ❤️❤️❤️ I raised him as a single mom to use a debit card for purchases until he built his own credit that is well managed. He stands to be the sole heir to more than he even realizes. That being said, I divide my assets as needed for his own generational wealth. He does not plan to marry or have children so he will need to decide how to continue creating additional wealth and/or donation to a foundation I’m creating.
@alfred5454
@alfred5454 20 күн бұрын
Would you make a video on relationships please? How do you navigate through jealousy, greed, and scams?
@cynthianeal9277
@cynthianeal9277 19 күн бұрын
Kenny, is a peoples man. He represents all of us. I have met him in person and he truly is a genuine good guy with impeccable work ethics.
@BruceRosenblatt
@BruceRosenblatt 7 күн бұрын
Ken is right on in his advice. Yes there are a few social media influencers out there that show you crazy lifestyles but you need to realize it’s very few. It took me 40 years of owning my own business and working 100 hours a week with sometimes no vacations for years. Here is my sage advice “ there are no shortcuts!”
@adriandmd
@adriandmd 18 күн бұрын
Time, Money, Health, and Social Capital (strong spousal relationship in my case) are the four asset classes. My mentor said it is very common to be wealthy in one or two of these categories, but not all four. Before I became a FIRE retiree in 2020 at age 45, I made sure I was abundant in all four areas. FYI INTJ / INTP personality types are the majority of folks who make up the FIRE community.
@user-nq2no8id4s
@user-nq2no8id4s 19 күн бұрын
Thank you! It’s great to hear advice from someone at that level. Humility is priceless.
@tgoc9263
@tgoc9263 3 күн бұрын
I'm a CPA and I don't work for tips. I make a nice living and I could make much more money than I do know, but helping small business owners start and grow their businesses if worth much more to me than to fly first class or on a private jet etc. Just making money is not the purpose of life, but not knowing how to and more importantly how to save and invest it can destroy lives. I'm glad Ken has made 3 Billion, I hope he's able to help others financially. Money is the one tool we all need to use but only a few actually read the owners manual
@ryanwright1994
@ryanwright1994 14 күн бұрын
Ken is the man! Super knowledgeable person, humble, and confident. Glad he can reflect on his hard work and help others do the same. Thanks Ken!
@kbkesq
@kbkesq 4 күн бұрын
People in Ken’s age group could’ve bought real estate in various markets with low interest and reasonable costs. That really isn’t possible anymore. The low hanging fruit has been picked. Private equity buys anything that makes sense. The one thing someone can do if they’re young is buy a duplex or fourplex instead of a house and that will pay off.
@ajeetm
@ajeetm 6 күн бұрын
Hands down the most useful video I’ve ever seen on YT. Thanks for being so open and sharing when you totally don’t have to!! 🙏🏼🙏🏼
@mikegilkey
@mikegilkey 20 күн бұрын
Ken, this is Gold. Thank you and thank you for all the time you put into this channel. Also, it was awesome seeing you speak last weekend.
@ayotorimusic
@ayotorimusic 13 күн бұрын
Ken has been one of my (virtual) mentors since 2020. He’s real with the advice and has been a great contributor to my journey.
@BA-cz4is
@BA-cz4is 12 күн бұрын
What do you do ?
@hoaksone1
@hoaksone1 4 күн бұрын
Good advice but not all of it is great
@phocksyfox7
@phocksyfox7 20 күн бұрын
My wife and I very much appreciate your posts and all of your advice! They help keep us focused and motivated to become financially liberated. Thank you Ken
@rah4822
@rah4822 4 күн бұрын
You didn’t mention the depression part. There is nobody you can trust, people suck up to you constantly so you never know if someone is a friend or just using you. Sometimes you can’t even trust your closest relatives. Having money sucks more than it makes you happy.
@raam1666
@raam1666 Күн бұрын
Ok give it to me
@Casey-summer
@Casey-summer 2 күн бұрын
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
@Buffet-walton22
@Buffet-walton22 2 күн бұрын
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
@lilyhershey1
@lilyhershey1 2 күн бұрын
Exactly ! That's my major concern and what lucrative investment can one venture into with the current rise in economic downturn
@sloanmarriott5
@sloanmarriott5 2 күн бұрын
In fact, I had no prior experience or understanding when I began investing in 2018, but by the end of 2019, I had made a profit of almost $750k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.
@mellon-wrigley3
@mellon-wrigley3 2 күн бұрын
​ *@sloanmarriott5* That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
@sloanmarriott5
@sloanmarriott5 2 күн бұрын
Gertrude Margaret Quinto is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@nightfury6836
@nightfury6836 19 күн бұрын
Sage advice as usual!! Thank you. Be well and enjoy your time Kenny!!!
@mrrazr8079
@mrrazr8079 19 күн бұрын
Great info! My children are readers of Rich Dad , poor Dad and have been passing info like yours his to them. Some of them understand and on their way to success. As long as they keep learning and stay humble I will be happy for them.
@martinbecklen6486
@martinbecklen6486 19 күн бұрын
One of the finest expressions of wealth wisdom I've ever heard, and I've seen many others, and they are truly great and filled with wisdom, too. But this one by Ken is so rich in common day language, and should be seen -- and re-seen, and re-seen again and again -- by every teenager and young adult. A big Thank You, Ken, for all that you do to bring the value of hard word and the joys of achievement and success to so many. The greatness of America is that it provides the soil (freedoms and legal protections) for people like Ken to reap the reward of hard work. In too many countries, -- nearly all others, imho -- private achievements are quashed or stolen by government or the existing oligarchs who choose their government puppets.
@IanDangerfield
@IanDangerfield 20 күн бұрын
Always appreciate the content Ken!
@coreyplummer3478
@coreyplummer3478 19 күн бұрын
I love Ken for the in depth perfection on weekly vids. I think these more personal ones are even better though
@davidrpriest
@davidrpriest 19 күн бұрын
Ken, you are an inspiration for so many people and are living an amazing life. It takes years to get to the level. Thank you for sharing your wisdom and lessons to help others on their journey.
@rossferguson5786
@rossferguson5786 19 күн бұрын
Thank you, Ken ! Always appreciate your wisdom !
@KaayJaay
@KaayJaay 4 күн бұрын
Thank you Ken for teaching us!!
@genki007
@genki007 19 күн бұрын
Thank you, Sir! What an amazing message. In my opinion, maybe your best video ever. Keep up the great work!
@moonbot-en-007
@moonbot-en-007 11 күн бұрын
good for you living off of the exorbitant rentals making life impossible for so many many people just trying to get by .. not even talking about the younger generation that can't afford a simple place to live .. grown people having to rent rooms .. I'm from the US and left when gas was $1.00 a gallon france is still normal when you get out of the city .. I pay $500 a month rent for a 2 bedroom house with garages .. I can't even imagine moving back to the US ..because I don't want to live out in the desert someplace in a trailer home, I'm too old now to find a 5 figure a month job .. especially now with AI replacing so many jobs .. an the kids are lost .. ex: my daughter went to school to learn graphic design now she's got no career and my other daughter who has a PhD in architecture probably also will be soon out of a career .. but yes good for you .. I stopped watching your video at 10,000 rentals .. may god have mercy on your soul
@farmingfromscratch
@farmingfromscratch 3 күн бұрын
unfortunately most of the folks watching this vid think what he is doing is great behavior, they don't get the fact that what he is doing is stealing! and yes to all those who would say no he isn't physically taking money from those renters without their consent,- they have consented to pay that rent, I would say you cannot have uncoerced consent in a system that uses duress (ie taxes people under threat of harm). When you don't exchange time for time, you are either robbing somebody or being robbed, and the responsibility lies with us individually to make the right choice! Imagine the time he owes back to others! that's a lot of bad karma! cheers
@frixosfriedman7813
@frixosfriedman7813 2 күн бұрын
He's the beneficiary of a system that is rigged in favour of rich people. In this system you need money to make money. It's nearly impossible to do so otherwise. The trick is to inherit money, and if you fail that, try again!
@Pug318
@Pug318 20 күн бұрын
I know you’re conservative guy, for you to show this, I love it much respect, and I always appreciate the knowledge you put out for everyone to improve their lives
@american236
@american236 11 күн бұрын
Wow, I really really like this video. He gives so much knowledge in such a short video and it doesn’t feel like he wants anything from me. He just giving the knowledge freely.
@Scooter1E
@Scooter1E 9 күн бұрын
This video was much needed for me! Thanks for keeping me motivated!
@Socal_2498
@Socal_2498 19 күн бұрын
yep, I like smaller scale and stress free environment but to have that peace of mind ~
@c40blaze76
@c40blaze76 20 күн бұрын
I’m going to the UFC fight in June too. I thought me spending $1000 on tickets was a lot 😂
@meetrichardreyes
@meetrichardreyes 16 күн бұрын
I'm loving the Vlog style intro video. Always enjoy watching your channel and I've been learning from you since 2013. Thank you for the education you put out.
@Pinoystory311
@Pinoystory311 18 күн бұрын
This story is the summary of all walks of life of being wealthy..I love you Ken.. thanks for the advice..
@1469roach
@1469roach 12 күн бұрын
Amazing advice!!! Ive flown in over 10 private jets..different sizes.. and spent 30 to 40k a month a gucci, LV and other clothes store a month..it was all a waste.. but i did that because i never really had money and i went crazy trying to show people how now i had it.. but when the company dropped from making 3 million a month to 1 million.. my lifestyle i got use to had to change...but then i realized that one alot of the friends that were around before was because of the trips on thr mega yachts ... now im trying to get back.. but no lo ger care about the designer clothes or burning 50 to 60k tonfly to Miami and throw another 50k at strippers.. smh.. was a crazy time.. but just as fast as it came its gone and no one cares..just another person out there doing it. Anyway.. i love this video.. such amazing advice! True knowledge right there
@georgina4874
@georgina4874 4 күн бұрын
Great wake up call. And a great story!
@denicelopez9467
@denicelopez9467 19 күн бұрын
Thanks for being so candid. This was a good video.
@byteafterbyte
@byteafterbyte 4 күн бұрын
Your comment on generational appreciation for money I think is spot-on! A Friend I know had a grandfather who created a trust fund for the family that would only allow access to every other generation after the age of 18. Not fool-proof in avoiding stupidity but at least a step in the right direction to ensuring money values are taught.
@geocam007
@geocam007 17 күн бұрын
Thanks Ken for this video and keeping us motivated. As an immigrant and 1st generation wealth builder, I believe in staying humble as one's wealth's increases and pass on the life lessons and experiences to my kids. I am still a work in progress and I know I will achieve my financial goal in the coming years.
@BeckyB11
@BeckyB11 20 күн бұрын
Awesome! Thanks, Ken!
@TheRealJakeArnold
@TheRealJakeArnold 20 күн бұрын
Lets goo!! An example that if you work very hard and smart you can achieve anything in this country. Sitting on a beach does get boring...
@lbcrypto5309
@lbcrypto5309 20 күн бұрын
Thank you.
@fall7rise888
@fall7rise888 13 күн бұрын
Amazing insights. I’ve read a lot of books , listened to a lot of podcasts and youtube videos but the a good amount of the insights you shared are new to me. Thanks for sharing!
@kristianps2433
@kristianps2433 9 күн бұрын
This is so spot on. Thanks for sharing 🙏
@troynichols9788
@troynichols9788 Күн бұрын
Love the vibe, pace, mojo. Solid meat & data to digest. No social media hype. New sub.
@alfred5454
@alfred5454 20 күн бұрын
Awesome insight. Thank you
@John-Jay-Allen
@John-Jay-Allen 19 күн бұрын
Base $ = Principal $ either Inherited and Invested or Earned through RealEstate, Stocks, Bonds,precious metal Appreciation and the Capital gains after selling those assets. (That’s $ that Must be reinvested to earn the secondary $.) The $ that’s secondary is the $ that can be used for expenses and living. Excellent Topic Ken, Thanks.
@josephlugo5707
@josephlugo5707 19 күн бұрын
Thank you . Great great advice. 👍🏻👍🏻
@blackmommabrands
@blackmommabrands 19 күн бұрын
Love your content. What an inspiration 😊
@AkikoMakiOfficial
@AkikoMakiOfficial 5 күн бұрын
Thank you for making this video! I’m always interested in what it is on the other side of things and it is nice to see it, even if it is just a glimpse. 👍👍😉
@MrAirblown2009
@MrAirblown2009 8 күн бұрын
This video really spoke to me. Thank you for sharing.
@jeffreycarter3066
@jeffreycarter3066 19 күн бұрын
Thank you for the valuable advice, Ken. ❤️
@herbigp
@herbigp 19 күн бұрын
Ken, I have been following you since you first got together with Robert Kiyosaki. I am free now thanks to you and Robert!! Can you do some videos on how you plan for your next 3-5 generations to retain and build on what you have accomplished? I just recently read “Die with zero” and that book may have flipped my paradigm… Thanks 🙏
@RJ-lk5pj
@RJ-lk5pj 13 күн бұрын
Great video.. Thank you for your time & your stories! Much appreciated & valued ✌🏻🤔👍🏻
@leeroach3381
@leeroach3381 19 күн бұрын
Very helpful Thank you for sharing
@sdrjr3562
@sdrjr3562 Күн бұрын
Great insight!!
@Powermoves1080
@Powermoves1080 18 күн бұрын
Thank You!
@ahsanmohammed1
@ahsanmohammed1 10 күн бұрын
Excellent advice! Thank you! From Canada
@korgond
@korgond 16 күн бұрын
Great lessons in this video. Thank you Ken!
@ginopoe9150
@ginopoe9150 7 күн бұрын
Thank you for defining what to do, reconfirms what I’m doing, cheers!
@ramanujamveda1928
@ramanujamveda1928 2 күн бұрын
Great explanation Ken!!! Loved every bit of it...
@andrelizotte9912
@andrelizotte9912 19 күн бұрын
It’s so true, I didn’t went to that level, but I’m happy to be more than financially free, and to achieve this you need to be passionate about the money game. Everyone who look at us, and want to do the same, many of them are not prepared to do what’s required to achieve that goal. I have tried to guide so many…not a lot can do it…
@luisraya8734
@luisraya8734 16 күн бұрын
Thank you, Ken.
@melted.minds.
@melted.minds. 19 күн бұрын
Ken, I have so much respect for you! And thank you so much for your opinion on generational wealth! I was so curious why you made this video title. Seemed out of character 😅🙏💚 grateful for all your advice!!
@jameswalker366
@jameswalker366 19 күн бұрын
Proof, perhaps.
@restorationconcrete
@restorationconcrete 4 күн бұрын
Excellent advise.
@TM-tw1py
@TM-tw1py Күн бұрын
Incredibly enlightening video - especially for those having are seeking to have very high or ultra high net worth.
@Powaup
@Powaup 4 күн бұрын
Actually a good video and straight to the point
@Taipanablack
@Taipanablack 18 күн бұрын
Thank you, Ken, for clarification of my vision
@envercito1
@envercito1 20 күн бұрын
Yes sir!!!! Love this video!
@Invertmini1212
@Invertmini1212 3 күн бұрын
Always always stay humble.... Wether rich or poor, staying humble will keep you grounded.
@ClarisNdoroRealEstate
@ClarisNdoroRealEstate 9 күн бұрын
Thank you for sharing. Right now, all the businesses that have started didn't work out. I'm not going to give up.
@wojohowitz5432
@wojohowitz5432 7 күн бұрын
thank-you for the Truth and transparency.
@AlejandroMartinez-eh8gr
@AlejandroMartinez-eh8gr 20 күн бұрын
Maestro ken, gusto en saludarle.. espero que se encuentre muy bien! Siempre agradecido por toda la sabiduría que siempre comparte
@kylendmiller
@kylendmiller 20 күн бұрын
Great advice, Ken
@gorgeousnoxy481
@gorgeousnoxy481 5 күн бұрын
It's funny how the ones that deserve the generational wealth don't need it because they have already generated their own. By the time my parents pass and leave me anything I'll have very little use for it because I'll already be retired myself.
@ChimeENT
@ChimeENT 10 күн бұрын
Thank you so much
@OmahaTonyG
@OmahaTonyG 20 күн бұрын
I love it Ken.
@prudence_business
@prudence_business 19 күн бұрын
Amazing video, Kenny!!!! I really enjoyed it and found it educational.🎉
@danielroper18
@danielroper18 13 күн бұрын
Terrific video! I loved it. Thanks for the wisdom
@arihantk
@arihantk 20 күн бұрын
Great wisdom and advice, Ken. 👍
@grants169
@grants169 12 сағат бұрын
Generational wealth is in the form of gold. We are all going to learn this lesson pretty soon.
@jacobtt34
@jacobtt34 20 күн бұрын
Awesome Video Ken as always.....
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