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How To Properly Manage Your Money Like The Rich With Tom Ferry and Toby Mathis, Esq.

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Toby Mathis Esq | Tax Planning & Asset Protection

Toby Mathis Esq | Tax Planning & Asset Protection

Күн бұрын

Пікірлер: 112
@TobyMathis
@TobyMathis Жыл бұрын
Want answers to your questions about this video? Schedule a complimentary consultation with our experts today! aba.link/TFYTSS
@charleskroopneck7889
@charleskroopneck7889 Ай бұрын
😊y
@stacyb1341
@stacyb1341 Жыл бұрын
40 minutes in, I've gotten about 5 minutes of ACTUAL useful information plucked from 30 minutes of name dropping, self-aggrandizement, and hearing about the celebrities who live in his building. Set a wealth goal Protect your assets Diversify your investments Focus on real estate Curate your acquaintances from amongst the rich and successful Focus on net and not gross And, most importantly Move into an exclusive building so you too can name drop to inflate your own feeling of success.
@batara1ubm
@batara1ubm Жыл бұрын
half way into it, still talking about why rich people are rich. Why connections are important. hopefully he’ll get to the actual substance
@marzdeep88
@marzdeep88 11 ай бұрын
This guy's video on how to split your money... changed my life. The whole structure of money is fascinating.
@advancingintegrity3803
@advancingintegrity3803 Жыл бұрын
95% of this video is Tom talking about Tom. 🤦🏼‍♂️
@duracell87
@duracell87 Жыл бұрын
I noticed the same thing. I thought it was just me. I had to tune out. Love the channel though!!
@neverstopdreeeming
@neverstopdreeeming Жыл бұрын
Thanks for saving me time!
@cdb426
@cdb426 7 ай бұрын
I agree
@silverpod
@silverpod Жыл бұрын
Love Toby’s content. But ngl, if I attended an event and his guest was talking, I would get up and walk out. Hate having my time wasted. Going to Toby’s other videos now.
@TobyMathis
@TobyMathis Жыл бұрын
Thank you for your feedback!
@d1a1n1n1
@d1a1n1n1 Жыл бұрын
no offense but you need to clarify this is for complete beginners or idiots or something it was painful to watch i kept trying to fast forward to get to the info to see/compare against what rich do (like buffet, gates, musk, bezos) and it was just like one of those seminars where joe average comes in and stares at a powerpoint presentation waiting for the end to for the hard sell something... i absolutely love listening to toby and he is a gold mine of information but just basic basic info here...
@polish2x91
@polish2x91 Жыл бұрын
Dunning Kruger in full effect. This dude talked more about himself than anywhere near the subject
@RobWilliams007
@RobWilliams007 Жыл бұрын
It is the purpose of many interviews - to find out about the guest.
@greenguy369
@greenguy369 Жыл бұрын
For what's it's worth... I came to this video thinking it was a host and guest co-host/visiting expert. So, the "interview" I got instead did not align with what was advertised.
@zerotodeal
@zerotodeal Жыл бұрын
He was explaining his struggle with mindset and how he changed it in hopes of what he did might help someone else.
@no-bq8hv
@no-bq8hv Жыл бұрын
My sentiments exactly. He really seems to revel in himself. I got through 30 mins. Next video please.
@Nigriff
@Nigriff Жыл бұрын
Kinda like John Doloney of Ramsey
@ZManPlease
@ZManPlease Жыл бұрын
Can you post the book “affirmations of wealth “ he mentioned, I can’t find it. Thanks! Great stuff
@RobWilliams007
@RobWilliams007 Жыл бұрын
I always say, the more paths you cross the more chances you have.
@xyz987123abc
@xyz987123abc 5 ай бұрын
Magical words "I don't invest in what I cannot understand ". Does either Toby or Tom do this kind of work for futures trading versus real estate? Futures unlike stocks/bonds/options do get specialized tax treatment. My challenge is how to put this inside a corporate structure, even if it is a non-profit.
@czanel4899
@czanel4899 6 ай бұрын
17:50 total misunderstanding of Crypto. Considering age?? understandable but sad indeed.
@nevastrong2850
@nevastrong2850 Жыл бұрын
I know if the broker he mentions. I work in the same market and he works his a$$ off. He’s highly driven, his team is active & has connections all throughout the NW. he takes his business seriously and kudos to him.
@ExtraordinaryLiving
@ExtraordinaryLiving Жыл бұрын
Ref 40:56 - Note to self: The 8 Qs to consider before investing in a startup.
@MsKingwa
@MsKingwa Жыл бұрын
Super loved this interview, thank you for your generosity in sharing your insights, knowledge and experience Tom 🙌
@ExtraordinaryLiving
@ExtraordinaryLiving Жыл бұрын
Ref 32:00 - Well, I don't know about "most people", but for me, personally, I am *intimidated* ... like, "Why would Jeff Besos want to talk to me? I mean genuinely wants to talk to me other than the superficial casual niceties?" In typing this comment, I suddenly realize something more into my own limitations ........... Anyway, I think many people probably share my psychological state here, and we have to work through this one first.
@jackprick9797
@jackprick9797 6 күн бұрын
It's just fear of being rejected. Yes, a lot of people live in that state of mind.
@mattmathai
@mattmathai Жыл бұрын
Hey, just wanted to say thanks for all the great content. I've watched all the videos you've published (that apply even remotely to me) and have contacted your firm to answer some questions and help me w/ estate planning.
@TobyMathis
@TobyMathis Жыл бұрын
Glad to hear it! Thank you for watching!
@PeterJames143
@PeterJames143 Жыл бұрын
And I would have gotten away with it too, if it hadn't been for you meddling kids.
@brettlaw4346
@brettlaw4346 Жыл бұрын
Not on topic, but might be relevant for a future video. With the lack of charging order protection in Florida for single member LLCs, could the operating agreement be used to structure any kind of foreclosure proceedings in a manner which would ensure the property isn't undervalued by people basically trying to stick a knife in you?
@gw365
@gw365 Жыл бұрын
So wait, I’m confused. Is it more profitable to buy businesses or buildings?
@ellenoir5678
@ellenoir5678 Жыл бұрын
Coach Toby!!! Always coming through with the knowledge
@TobyMathis
@TobyMathis Жыл бұрын
Thanks for the support!
@fabio.1
@fabio.1 11 ай бұрын
40:56 The 8 Qs to consider before investing in a startup.
@JTDeFi
@JTDeFi Жыл бұрын
Thanks guys. Very valuable insight and information. Much appreciated 🙏
@innerscorecard9433
@innerscorecard9433 Жыл бұрын
Good, but seriously long winded. Minor quibble: Some the best wealth creating assets in the world are non dividend paying stocks like Berkshire and Amazon. Startups do not pay divedends either. Wonder how Tom reconciles that? The base rate on startup success is not that great.
@phong911gt3
@phong911gt3 Ай бұрын
Looks of great nuggets of info. Thanks!
@ljordon8101
@ljordon8101 Жыл бұрын
Great content, very informative and insightful, thanks fellas
@TobyMathis
@TobyMathis Жыл бұрын
Glad you enjoyed the video
@conservativelens
@conservativelens Жыл бұрын
Very valuable information! I was wondering if non-profit organizations are worth starting. I was interested in housing homeless teens who have aged out of foster care. Is there a way to help and also generate an income?
@elvispresley3234
@elvispresley3234 Жыл бұрын
Guys, love the channel and am subscribed. But Tom, dude, 11 mins for you to even start to begin. Get to the point of the video. Not interested in who you know or your puppy. Ok, 12 mins now and still waiting for you to actually answer the "how". Finally, 19 mins in you actually get to some content that matches the title Tom. Ok, Toby. Still love and follow you religiously, but clicking away now. Tom, get to the damn point and stay on content. Travel the path of your "talk" in an abcd pattern. See ya on the next one.
@rongawthorp787
@rongawthorp787 Жыл бұрын
Yes. That. And he lost me finally at his ignorance of crypto.
@d1a1n1n1
@d1a1n1n1 Жыл бұрын
OMG YES... painful.... like mange your money for idiots book
@wasanthaabeysiri
@wasanthaabeysiri Жыл бұрын
World number one best coach for me is Mr Mike Ferry. Thanks to Mike, real estate coaching industry started and i do have so much respect for Mike and what he did to improve the industry. Thanks Mr Mike Ferry
@marksoberay2318
@marksoberay2318 Жыл бұрын
Top 5% is 50 million? This guy is a fool....top 1% of 1% in 2023 is 30 million
@anthonyrussell4888
@anthonyrussell4888 Жыл бұрын
Great video! What were Tom's last two questions for startup founders? He never listed numbers 7 & 8.:)
@WarewolfThereWolf
@WarewolfThereWolf Жыл бұрын
Tom is clueless as to why only a small percentage of people in any population have a "growth mindset".
@oGrasshoppero
@oGrasshoppero 4 ай бұрын
Top 1%: Net worth of $5.81M Top 5%: Net worth of $1.03M Top 20%: Net worth of $558K
@theone8189
@theone8189 Жыл бұрын
One of your best.
@NellySP
@NellySP Жыл бұрын
Excellent session!
@SeismicSales
@SeismicSales 3 ай бұрын
My earliest childhood memory money i was 10. I had to go to the dentist. My dad gave me the address and .25c then told me "dont forget to ask for a transfer for the bus ride back".
@willmallory9085
@willmallory9085 Жыл бұрын
Excellent video Team
@duracell87
@duracell87 Жыл бұрын
Thanks for the video.
@tracylieu3211
@tracylieu3211 Жыл бұрын
Tony, do you have a free consultation on my option to review my option how to save on real estate tax and set up business to offset W2?
@TobyMathis
@TobyMathis Жыл бұрын
Anderson does offer free strategy sessions for potential clients.
@pam2239
@pam2239 Жыл бұрын
What about the average guy? Where do we start?
@TobyMathis
@TobyMathis Жыл бұрын
It depends on what your plan is. We would be happy to recommend some of our videos to help you get started 👍
@johnnyworzel3741
@johnnyworzel3741 6 ай бұрын
Your puppy goes to the bathroom? That’s a well trained puppy.
@ericosei-owusu824
@ericosei-owusu824 Ай бұрын
You are a great blessing . Hopefully we get to work together in the future
@TobyMathis
@TobyMathis Ай бұрын
Thanks for the support! Feel free to reach out to my team. aba.link/TFYTSS
@RobWilliams007
@RobWilliams007 Жыл бұрын
Read The Growth Mindset. Excellent book!
@chelsearodriguez919
@chelsearodriguez919 7 ай бұрын
He validated what I knew but never took action on. Thanks for the breakdown and book recommendations ❤
@corylyons1107
@corylyons1107 Жыл бұрын
How to become wealthy..... 1. Pay my house off 2. Use the equity in my house for investments. So don't pay off house 3. Invest in all things that make tons of money and nothing that loses money. That simple
@nadjadavidson411
@nadjadavidson411 6 ай бұрын
I’m surprised that one of the money managing suggestions on his slide was a 529B. There’s a much better option that’s tax sheltered and non-restrictive.
@calvinmartin9103
@calvinmartin9103 2 күн бұрын
Great stuff, thanks for sharing
@TobyMathis
@TobyMathis 2 күн бұрын
My pleasure!
@JamilaCrockett
@JamilaCrockett 2 ай бұрын
❤thank you:) so much great content plan to rewatch this:)
@user-hb6kw7pe4x
@user-hb6kw7pe4x 4 ай бұрын
Thank you
@Truther00
@Truther00 Жыл бұрын
He keeps poking his glazes 😂
@capncrunch2573
@capncrunch2573 Жыл бұрын
As soon as I read this, I looked up, and he did it.😂
@jeffreymurrey191
@jeffreymurrey191 Жыл бұрын
Joy with contentment is great gain. When is it enough? Do we understand the difference between happiness and joy? What are our priorities?
@TyroneHardR
@TyroneHardR 11 ай бұрын
Why would billionaires want to live in a high rise in Dallas? F that
@stepitupmorons8704
@stepitupmorons8704 Жыл бұрын
great stuffff thank you, again,, 1776
@audriemeraki
@audriemeraki 4 ай бұрын
I’m so glad I found you.
@TobyMathis
@TobyMathis 4 ай бұрын
Thanks for being part of the community.
@KL-md9ey
@KL-md9ey 11 ай бұрын
I see the bobble head and now I can't see anything else 😶
@DTSupstateNY
@DTSupstateNY 9 ай бұрын
I’m sorry is this about Tom chatin about Tom or ???? I’m half way through the video and I now know Toms life story
@Nigriff
@Nigriff Жыл бұрын
Adversity breeds success. Privilege breeds comfort.
@mississippiapple1078
@mississippiapple1078 Жыл бұрын
I really didn't want to like this Tom guy but he seems so genuine
@yagga8885
@yagga8885 Жыл бұрын
Weird comment
@michaellerman6349
@michaellerman6349 Жыл бұрын
Thanks Toby great training
@TobyMathis
@TobyMathis Жыл бұрын
Thank you for watching!
@RobWilliams007
@RobWilliams007 Жыл бұрын
29 min in - too small of a deal. I remember Bob Hope said he was asked to invest in Disneyland and he thought it was way out in Orange County and didn’t do it (not like he didn’t make money in real estate but…)
@dilciamorales8336
@dilciamorales8336 Жыл бұрын
Was his dad Mike Ferry? I thought Mike Ferry was the real estate coach.
@noecervantes5898
@noecervantes5898 Жыл бұрын
Yes, they're both in the coaching biz.
@dilciamorales9671
@dilciamorales9671 Жыл бұрын
@@noecervantes5898 thank you
@MrHate444
@MrHate444 8 ай бұрын
You hear that guys scale ....someone who knows how to build a team and not a narcissist vote blue!!!
@enchiladasqueretanas
@enchiladasqueretanas 7 ай бұрын
I’ve seen his videos ❤
@cjswa6473
@cjswa6473 Жыл бұрын
Only thing 100%correct is he talks to fast. Huge name dropper
@tonyamico473
@tonyamico473 3 ай бұрын
I hardly comment on anything, however, I just wasted a lot of time listening to a guy talk and talk and talk and say nothing, like a politician. I was looking for specific ways to do it and all he did was give a bunch of fluff and say things that everybody already knows. .
@TobyMathis
@TobyMathis 3 ай бұрын
That sucks - sounds like we missed the mark. Let me try and make it up to you. What type of investing are you interested in and how can I help?
@baoyang458
@baoyang458 26 күн бұрын
🤦🏻‍♀️talk too much about you!
@zerotodeal
@zerotodeal Жыл бұрын
My llc was way less than 899 dollars just say its more affordable than you think
@chelsearodriguez919
@chelsearodriguez919 7 ай бұрын
Gold mine you both are ! ❤ God bless you both ❤
@zerotodeal
@zerotodeal Жыл бұрын
Im currently in the process of altering my identity
@judyhall5624
@judyhall5624 Жыл бұрын
He says nothing about anything.."why don'tyou cash in on your equity?"..because it now becomes a debt..debt is not what you want today....😅😅😂😅
@LineageSys
@LineageSys Жыл бұрын
Toby is awesome.
@bcriz
@bcriz Жыл бұрын
How would you own a home without it being under your name? Just start an LLC with your name as the business?
@yagga8885
@yagga8885 Жыл бұрын
Buy it and do a deed transfer, deeding property from yourself to the LLC. Or form the LLC and purchase the home on behalf of the LLC
@bcriz
@bcriz Жыл бұрын
@@yagga8885 ahh I see. Thank you!
@mrrondouglas
@mrrondouglas Жыл бұрын
He's way off with the top percentage of wealth amounts
@yagga8885
@yagga8885 Жыл бұрын
Giving back is true wealth! You nailed it Toby. 🎯 Great show as always
@jod5834
@jod5834 Жыл бұрын
👍👌
@TobyMathis
@TobyMathis Жыл бұрын
Thank you for watching!
@lisbethfernandez9304
@lisbethfernandez9304 Жыл бұрын
❤❤❤❤❤❤
@mateoarzua7706
@mateoarzua7706 10 ай бұрын
Toby I like your podcast, but your guest sound like a “ Car Salesman “
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