The 20 Rules of Money
If you want to win the game of entrepreneurship, you have to know these 20 rules of money.
Here’s how to play to win the money game.
Start – 0:00
#1: It’s a Game – 1:03
#2: Don’t Be a Hater of Money – 1:51
#3: It’s a Doubles Game – 2:43
#4: Seduction – 4:37
#5: Timing – 5:45
#6: Boredom – 6:56
#7: Secret Account – 7:36
#8: Don’t Fly First Class – 8:39
#9: Comp Plan – 9:46
#10: End of the World Mentality – 11:09
#11: Study Your Politicians – 13:22
#12: Study Smart Investors – 13:57
#13: Play Your Game – 14:34
#14: Index – 15:47
#15: Befriend Money Makers – 16:32
#16: Diversification is for Sissies – 17:40
#17: Leverage – 19:01
#18: Positioning – 19:41
#19: Strategic Partnerships – 20:35
#20: Big Check Syndrome – 21:16
Here’s what others had to say:
“Most people fail to realize that in life, it’s not how much money you make. It’s how much money you keep.” – Robert Kiyosaki
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession– it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don’t know how they do it. I have about $249k now to put in the market.
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I’ve overheard people say inflation is a money-eater thus worried about my savings around $200k
Money is a game
If you play the game with others you have more fun and win together
That’s how you build real wealth.
I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalized segment of economic and financial news. Thank you for your efforts to be the signal and not the noise. I understand that the economy is currently in a downturn and that we must wait for things to get better.
I am 19 and been trying my best as early as now to learn about money. I don’t want to end up at 40 years old regretting I spent my youth not learning.
So true about diversification! Imagine if you didn’t buy a lot of tech stocks 10 years ago because you wanted to be “diversified”!
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!!
I’m glad I made productive decisions about my finances that has changed my life forever.I’m 49 years living in Alberta Canada bought my first house last month and hoping to retire at 52 if things keep going smoothly for me.
Rule number two is exactly what I’ve been telling people for a long time. If you do not respect money then money will not respect you. And then you will never have it.
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
Anyone can achieve financial freedom regardless of their background, you just need the right mindset and the right information. For me, it was those things that guided me on my path to financial freedom. The moment I realized that investing in multiple assets is better than putting all my money in savings, that’s when I began my journey to financial freedom. So really anyone can successfully make money by investing in assets. The reason most investors take unnecessary losses is because they didn’t follow proper financial guidance. When I found an investment professional who is well-equipped to manage my investments, that’s when I started having consistent income and profits from all my investments.
To win in the money game you need to invest in income producing properties or a business that give you income every month .In my case I love apartment rentals. When you don’t have to work anymore because you need the money , you work because you love what you do know that’s financial freedom.
Thanks for this amazing information !! If you don’t find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life