Byline Asset List Made Easy

Mark asset list

now i know a lot of people probably clicked on this video thinking this guy is going to give me four assets that if i buy them by the end of the year i'll be rich it's going to be so easy but i hate to burst your bubble these assets are no easy way to wealth you actually have to put time and effort into learning them getting your head around them doing a bit of reading and yes they can make you a lot of money but you got to at least put in a bit of work up front one thing that i will say about this way of making money it's a lot easier than working a nine-to-five job or anything like that less time more fun and certainly a lot more money to be made so let's crack right into the first assets the first asset is stocks first of all okay proof where's the proof that a stock can make you rich okay so in one year tesla stock has gone from about forty two dollars a share to over four hundred dollars so yes okay that might not make you rich but hey who would complain about upping their net worth by 10 times the amount by the way i bought the stock around 40 a share as well so yes full disclosure it has made me a decent return zoom stock another example it went from 70 a share to over 500 draftkings ticker symbol dkng went from ten dollars to almost fifty dollars so that's up by almost five times the amounts alrighty i'm giving you the more extreme examples but there's no doubt that stocks can make you wealthy go ask buffer go ask any billionaire and i'll tell you that even myself i'm a first hand example of stocks making me good money but this is what i was trying to say at the start of the video you can't be a lazy stock investor or you're going to lose you're not going to find the teslas or the draftkings because you didn't do the upfront work so to be successful at the game you have to be at least planar often just like in basketball if you're a fan of the sport you watch almost every game and it's fun it's the same with investing once you get into it it can be a lot of fun you start thinking what are going to be the companies that do well in the future artificial intelligence perhaps esports electric vehicles and then you start buying stocks and yeah you can find the next tesla or amazon or apple but you need to be in the game and you might come to me and say well cooper i've never invested before i don't know what to do okay that's simple i was in your exact same space six years ago and yes i was a lot poorer back then as well okay what i would say is this you can learn this game for free i learned pretty much everything i know about investing through the online world i originally started with a podcast called the investors podcast it's all free then i learned from them online and through their free course then i started getting into youtube and watching other youtubers i mean there's so many ways you can learn this game of investing for free and then what i'd recommend is just dip your toes in first you don't need large amounts of money to get started and invest in you can literally build a small portfolio for a hundred two hundred dollars you know a t the stock that's now in the 5g sector that costs 25 a share activision blizzard the gaming company that's 80 a share it's not expensive to start dipping your toes into investing and you can find a whole new way a whole new world of making money and i know what you're gonna say an online business that's too hard i can't do that i just want to work my nine-to-five job but hang on i actually hate my nine-to-five job listen even if you love your nine-to-five job you should still be starting a side hustle in an online business it doesn't really matter who you are it doesn't matter on your interest listen starting an online business it made me a millionaire and it's making people in their teens just regular people a lot of money because this is what you need to understand the online world the technology world this is one area that we have advantages in as young people because older people they didn't really grow up with technology they grew up outside skateboarding playing sport and stuff like that young people know technology better than anyone the only problem is young people all they want to do is watch videos or play games with technology they don't want to try and make money with it which is great for us because it means less competition i mean i could give you example after example this girl here ow she makes 20 000 a month in the spiritual service niche helping couples online this kid here beizer makes 100k a month through drop shipping and selling things online meet kevin the youtuber makes a million dollars a month by talking to a damn camera about stimulus checks it doesn't matter what you're into what your passion is you can monetize it online if it's photography you can sell your photos on etsy and shutter shock if you like guitar or music you can teach that online i mean it doesn't have to earn you millions of dollars but i don't think anyone would complain about a decent side income anyway it's the modern era everyone wants to be online but so few know how to make an income online what's great about that as i said before is it means less competition at least at the moment it's not so big and it's not too hard to start up a business online for example me three years ago i was poor as anything i was working a job as a driver and i wanted to start up a business online so i listened to this guy called jeremy who had a page called financial education he was talking about making money online and how it was possible i decided to take the step put myself out there a bit and try it after one year my online business made a full-time income after three years it now makes me about 10 full-time incomes every year so guys it is possible to start a business online i can say that first hand okay okay this is one that is a little harder to get into in the first place because even though you can borrow 80 of the money you need for a house you still have to have a deposit saved up to buy nevertheless it is an asset that can make you rich and most people who are rich will own some form of real estate but you know you can get started from the bottom with no money for example graham stefan he started by becoming a real estate agent and selling houses and then once he saved up a bit of money he got into the investing side of things and i gotta say i'm purchasing some real estate soon and i recently went to a couple of auctions that i lost but anyway the real estate agent side of things looked like a lot of fun there was this excitement in the air with everyone selling houses there's a real team atmosphere to it and it's very social also the nice thing about being the agent is it gives you inside knowledge you get to know the true value for each house you know exactly what to look for on a property and you know how to get a deal on one so you could consider becoming an agent before buying in property if you don't have the money otherwise the next option you have is something called a reit a reit stands for real estate investment trust and basically it's just a stock that invests in real estate a lot cheaper way of investing in property for examples heritage growth property stock which cost around 15 a share is a reit that invests in shopping dining and entertainment real estate or amado hoffler stock that's nine dollars a share which invests in office type real estate buildings so essentially it's just a lower cost way of getting into real estate for the ordinary person but if you really want to become wealthy with real estate you have to become an independent owner that's how trump got rich grand cordon all of these guys they are real estate investors you don't have to be as big as them but even owning one or two homes that can bring in thousands of dollars of income each month nothing to complain at oil water gold these are all scarce resources aka we have a limited amount of them on the planet especially water and if you become an owner in something that has a finite amount of it it's normally a valuable investment another great thing about certain types of commodities is you get big tax breaks for example oil tangible cost for drilling is a hundred percent deductible so there's major benefits to certain commodity investments like these another type of commodity to just consider owning is bitcoin yes it's a currency but it's also a commodity at the same time if bitcoin continues to grow its influence and more people adopt the use of it practically then there is a lot of potential money to be made but bitcoin is also very risky there's no doubt about that at least compared to the other assets that i've talked about but you see the difference between the rich and the poor is poor people say get a secure job and climb your way up that corporate ladder put on that suit and tie every day work nine to five and you'll make some money the rich people however say work for assets this way you'll make money while you sleep buy stocks commodities real estate when you can and most importantly if you truly want to become wealthy you have to start up your own business and the way forward is online the opportunity is now but most unfortunately will not take this opportunity you