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So you want to make a thousand dollars turned into seven hundred thousand dollars and most syndics and doubters out there will tell you that this is impossible. It has to be a scam. oh my. God And I'm here to tell you no, it is possible.

It is extremely simple, but notice what? I didn't say I didn't say it's gonna be easy. No, no it's not gonna be easy Now this notebook right here. Besides taking a lot of punishment for me lately, you can follow my videos. It actually has that secret sauce.

But for you to understand how it is possible, how it is, it's simple to turn a thousand dollars into seven hundred thousand dollars and what's the right process to do it have to share personal story with you before we get started. Now about three and a half years ago I quit a very lucrative job I was a senior manager for Deloitte my dream job I worked my entire life to get there and I spent 10 years working for Deloitte being very well compensated now I was smart with my money I didn't buy expensive stuff I was driving an old car, living in a small apartment, basically investing all my money and not getting into debt over I don't need and the thing is, at some point I got burned out and it happened. Sometimes you know you are basically engaged in making rich people richer and I felt like I wasn't really contributing, wasn't creating any actual value and I was away from my family, working long hours and a lot of people feel that at work, but most people can't just get up and leave which is something I did because I could now why I had that option. that's because I was financially free I didn't have to have that job to take care of my family I was smart with my money I was well compensated so when I left I had nothing lined up, no other job, no other offers I had a 12 000 subscriber YouTube channel that was making 500 bucks a month but that was pretty much it and I had no plans to become a YouTuber but that kind of came later.

You know we make plans and got laughs sort of thing. But the reason I left is because I could I gave myself the opportunity to never work again and in this video, I'm going to share with you the system I use to get to that point. Now, the system isn't going to be complicated, it's going to be very simple, but it is going to be very hard to follow because it's going to require a lot of discipline, a lot of mental fortitude, and a lot of patience, which is something human beings are not really good at. But hopefully by the end of this video, you'll see the incredible advantages of following the system and you might try it out for yourself.

Now, the first stage of any sort of mechanic on how to create that one thousand dollar investment turned into seven hundred thousand dollars is first of all, take care everyone's and what I mean by this, clean up your mess before we think about that, before we even delve into during that 1 000 to 700 000 which is possible. Wait, you have to clean your mess clean your my guy. That means getting rid of debt. You cannot turn money into more money when you're in debt.
I Mean obviously mortgages don't count, student loans don't count, but any other debt has to go. It has to go. It's expensive debt for you, probably don't need you, probably overpaid for probably not even using you. Bought a great car whoopty do in two weeks, you busted the nut and then it's just another car you bought a really really expensive Gadget Oh my.

God It's the best ever. Two weeks later, it's just a phone. So come on, get rid of expensive debt. Get rid of.

You don't need you overpaying for number two. Create a parachute God Forbid something happens. You need to be able to survive six months if the aliens come and destroy the Earth Obviously I'm exaggerating here, but you have to have like a six month fund if you don't have money saved up to provide a six month existence and your current lifestyle a way for you to keep going right now as you are for six months without a single door, getting into your paycheck or bank account, whatever that may be. Then you're not supposed to start doing anything that basically increases your Investments and so forth.

And most important, Patience. What do I mean by that? Well, patience means that you have to understand that in order for you to require that one thousand dollar to 700 strategy. First of all, you have to be able to make money. You can't invest money you don't have.

And in order for you to have money to invest, you need a well-paying job. If you're flipping burgers, you're not going to have enough money to invest in the stock market. It doesn't work like that. So you have to create skills, You have to create value, and you have to create a better, um, kind of value of yourself in order for you to make more money.

Now you can do that by getting degrees, by doing courses, by learning new skills, and if you are already in existing position, you basically can create more value for your Employers in order for you to move up the chain. Now I Came to Deloitte as a junior and I became a senior manager. That's a very long role to travel. The reason I did that is because I gave more answers than questions.

Most people when they come into a job like this, they just have questions. Oh, how to do that? How to do that? Well, if that happens, what they do, nobody wants to take responsibility. Be the guy that gives more answers than questions in your job. Require more attention to yourself than to others in a way that you actually provide value for your boss.

Don't be the person that needs managing micromanaging. Be independent, be smart, acquire new skills, improve yourself, provide more value, get better at things. eventually. you'll make more money.

Now that's just the precursor to the whole system which is getting rid of that. Number one, Number two, create an emergency fund, and number three improve your skills so you can generate more income for you to invest in. Because if you can't generate that income, this whole strategy doesn't work. Now let's move on to a warning again.
I Want to be very clear here now: when people sell you love, when they sell you health, and they'll sell you money making tips. These are the biggest scams in the universe because all people want to be loved, all people want to be healthy and everybody wants to be rich. And that's why all these cameras they sell you these three things obviously. And if I had my own stock picking indicators which I could just pick stocks, trade in, trade out in three months, make a hundred thousand dollars Ain't No Way in this goddamn Earth that I would share this with any single one of y'all I love you I love you.

But I'm not gonna share that if I had the secret formula to time the market perfectly to trade in and out of stocks and make millions I would have never shared this with anybody I would just sit at home and make billions of dollars. All these traders who are sharing these secret techniques on how to enter the market, how to time the market. mostly. There's cameras.

Mostly. There's cameras now. I'm saying mostly is because there's five percent of them who are actually very, very good. and those five percent are like looking at Lebron James playing basketball.

Yes LeBron James can play professional Elite NBA level basketball at the age of 40 and dominate I Promise you that 99.99 of you cannot do it. You all see LeBron James And you don't think well I can do that. So when you see a Trader on social media making a hundred thousand dollars in two weeks yes, he can do it. you can't And those that are basically selling you the shovels on how to do that on how to time the market.

the scammers do not actively trade. Pointless. It's a stupid game that's incompatible for 95 of people. unless you're going to turn into a professional day trader.

professional. swing. Trader And you're going to do this full time every single day. Don't do it.

Don't do it. There's a reason why the S P 500 is up 10 a year forever. and yet 95 of retail investors lose money. Trading That's because trading time the market that don't work Fidelity Had a study in which they basically found that their best performing portfolios were by dead people or people who forgot their passwords.

Literally, people who didn't touch the accounts. Did the bust boost the best out of everybody on their platform for me personally. I'm gonna say right now, instead of picking up ten dollars here, three dollars a year, Five dollars a year, in and out, in and out swing trade, swing trade. I'm gonna pick up 30 million in 10 years.

How about that? And in the meanwhile, for those 10 years, I'm gonna have zero motions, zero anxiety, and zero Panic I'm not gonna be sleeping at night thinking about my trade. Simple as that: More money, less pressure, less anxiety. Do Not actively trade unless you're going to become a professional. But if you're a professional Trader You're in the wrong.
Channel Now let's move on to the system here. Now this system has four rules. I Want you to follow these four rules. Save my ass multiple times and have made me a lot of money over the years.

Rule number one: Never invest money you cannot afford to lose. Now that's super simple, right? But a lot of people would not only do that, they will do that and they would basically say, well, this is a shoe-in There's no way this can lose. There ain't such a thing except death, taxes and Tesla there's nothing sure in this life now. Look, obviously I'm kidding, right? But look, if your money is going into the stock market, there's always always a chance of this investment of any investment going to zero.

You never know. Do Not Invest Money You Cannot Afford To lose. Number two, a cousin of that is Never Ever Ever Leverage. Never, Ever Ever use leverage.

Leverage means you're not only about to lose money, you can't afford to lose. You're about to do that on crack. Leverage is a bad idea. It's gambling at its worst form.

Do Not Ever Leverage. Number three: Never Ever Short Stocks Shorting has no floor. You never know how much you're going to fall down and like going long where your maximum loss can be just your investment, ensuring you could lose way more than your initial investment. How much more? endless amounts people have lost their lives, their houses, their families, their marriages, their life to shorts.

Don't short stocks ever. And obviously budget. You gotta have a budget. I Don't want you putting a single Dollar in the stock market before you have a budget in which: I can see exactly how much you're paying for bills, how much for mortgage, how much for utilities, how much for food, how much for this and that and that I Want to see your free cash flow and I want to see in your budget that location for the stock market after you paid everything Emergency Fund That everything without the budget.

Don't put money in the stock market because you don't know exactly if you can or can't lose that money if you haven't been budgeting. Now, the way to do this correctly. It's very, very simple. and yet it's very, very complicated.

It's simple because mechanically speaking, it's the most ridiculous, simplest thing ever. But emotionally speaking, the way humans are basically wired, this is nearly impossible for 95 of people. And the thing is, look, Warren Buffett always is quoted as saying I'm always greedy when others are fearful and I'm fearful when others are greedy And people love that quote. But 95 of people who quote him do not follow that strategy.

They panic and their balls shrink to the size of a macadamia nut. What? The markets are red and they get all excited over those that hyped up when the market is flying up and they're buying more and more. Which is literally the opposite of this quote. You freaking morons.
The idea here is very, very simple. If your dollar cost average, If you create a budget, and in your budget, you allocate a certain dollar amount every month to investing in the stock market. That amount is going to go in every month, into the stocks, into the equities, into the indices you're going to select, and that amount basically will serve as almost an automated think of yourself like a bot every single month, no matter what. Boom boom Boom.

Now here's the crazy part. You don't invest all the money. If your budget allows you a hundred dollars as investment, then you invest 60 or 70 dollars and the rest is going to the side. Well, Tom I'm gonna lose all this money to inflation.

No, you're not. Ain't nobody ever lost their money to inflation? People lost their money to impatient mistakes like this. Now shut the up and listen. your inflation.

Um, inflation never ruined anybody's portfolio. Stupid decisions have now that money on the side that 30 or whatever is sitting there for When these stocks go red. And when they go red when they have bad days, that is where you're doubling down. you're DCA and your dollar cost averaging at a quicker Pace Buy more when things are bad, buy less when things are good and just keep doing it automatically.

now. I Want to explain something here and now we're getting to the three. Investments I Think will make you basically independent from a financial perspective if you stay in them for the next 15 years. Now here's the thing in life: There's no guarantees this may work.

This may not work, but the system I've structured here I think gives me the most amount of certainty that I'm in no position ever getting screwed. What am I talking about here? Well look if I go and I play stocks 100 and let's say I put in a hundred percent of my portfolio in Tesla or 100 in my portfolio in Palantir. That might make me a lot of money. Well look at guys like Dave Lee or Stephen Mark Ryan.

They've made a lot of money investing in single stocks and good for them. They're brilliant folk I Love them. but for me I have a different risk perspective because I kind of have always the worst case scenario in my mind I don't want to get screwed if the unlikely event of getting destroyed happens. Now that is why I Always buy insurance in my life I'm insured up to Wazoo and in the stock market.

that insurance is my first investment. That is the S P 500. The S P 500 is comprised about 40 of my portfolio. 40 of my money is the S P 500.

Why? Well, because it just makes you 10 a year. No matter what, You don't have to be a stock picker. You don't have to be good at evaluating stocks. You don't have to be good at nothing.
Your money is literally working for you. You cannot lose the S P 500. If you stay long enough, you will have a bad year. It might have bad five years, but the longer you stay in the S500 the probability of losing money comes down almost near zero.

As long as the US economy is going to be the leading economy in the world, which it will be. Remember everybody told you about China and all that Shenanigans told you three years ago China is a paper dragon. Uh, look. the US has the best borders, the best neighbors, the best resources, the most amount of money, the best military, best legal system, best banking system.

Nobody's ever competing with the US economy. Not in the next 15 years. Not in the next 20 years. Not maybe in the next 100 years.

And even then it might be India. Who knows, but it's not. It happened in our lifetime. So In Our Lifetime The S P 500 is going to dominate all this international crap ever since 2008.

If you put money in 2008, the Sv500, you did 500. So 2008 until today, you did 500 by sitting on your ass doing nothing. So 40 of my portfolio is an S P 500. another 40 is in Palantir.

Data is the new Oil Data is the new wave. Data is what it's all about. Palantir is building the operating system of every single business out there for the next 15 years now. Most people can see it, but guess what? dollars in cynics.

They never make money. The people who take chances and who see it before everybody else. they're the ones who will. Now, you might disagree with me on Palantir, so no, it is what it is.

But in my opinion, this is an insanely undivided stock because people are trading in right now at this Oh, it's a 13 annual growth. They're not seeing what talented will become in about 15 years and I have patience I have time, no problem, not even worried about it and the crowd round. Jewel Here is Tesla with Palantir being 40 portfolio, the S P 500 being 40 of my portfolio. now Tesla is now 20 of my portfolio I Had a recent update which I posted on our Patreon Patreon.com and I said Tesla is becoming 20 of my portfolio.

look a Visa taking over Tesla's already dominated the EV industry. They've basically destroyed everybody else. and don't get me started on Byd with their hybrids and just come on. So Tesla's destroying everybody else.

They're not even in their s-curve yet. The AI stuff hasn't really even started the energy stuff, haven't really installed it. Robotics haven't really started. Tesla is not even on its big S curve yet and it's already dominating.

This is cheap by the way. in case you're wondering, yes, this is still cheap if you're looking into the next 15 years. But with Palanji and Tesla you got to be patient with the S P 500. You have to be patient.

If you put your money in these three things and you wait for the next 15 years, the probability of you being able to retire and not ever having to work again is very, very high now. I've made a cliff note here because at this point you might be wondering. but Tom like you promised us a thousand dollars, turning into seven hundred thousand dollars. How do we do that? Well, guess what? Hear this? If you put a thousand dollars right now into the S P 500 alone, forget Tesla Forget Palantir, all your portfolio goes to the S P 500.
You're saying to yourself, Well, I'm horrible stock picker. It's all about the S P 500. Put in a thousand dollars right now with the SP 500. Cool.

Do nothing for 15 years except depositing a thousand dollars extra every single month. So you put in a thousand dollars Today you put in a thousand dollars for every single month for the next 15 years. In 20 years. Guess what? You're gonna have seven hundred thousand dollars.

Simple as that. So by the way, if you want to do it for 15 years, you're gonna have four hundred thousand dollars. You'll notice what happens here the longer you stay. The Sp500, that compound interest gets even stronger.

So from 15 years, four hundred thousand to twenty years, seven hundred thousand. You've seen where I'm going with this. If you just put your money in the S500 If you just keep depositing every single month, you let the market do its thing. sit in your ass, do Jack diddly squat.

nothing. Make money now obviously. As Long as You Follow The system be disciplined and all that good stuff. If you want to learn more about how to build a better process for yourself mentally, physically, statistically, emotionally, and most importantly, on the finance modeling side.

If you're going to learn to do your own, DCFS Evaluate companies, find your own palantir and Tesla Maybe I'm Wrong join your Academy We have a few spots left on our Academy. We have a bunch of guys there and girls there who are absolutely the best in the world at what they do. The community is full with six and seven figure people who are killing it right now. The market join us.

We have a room for Tesla a room for palantir, a general discussion room on our Discord. We have 5200 members going for 6 000 by the end of the Year Hope to see you there later.

By Stock Chat

where the coffee is hot and so is the chat

28 thoughts on “Make these 3 investments in 2023 and never work again”
  1. Avataaar/Circle Created with python_avatars untouchable360x says:

    4. Meth Lab

  2. Avataaar/Circle Created with python_avatars GuyOtine says:

    Question…when you mention investing in the S&P 500 you mean companies included in the list or the actual indices (SPY)? I like to do covered call and the SPY would be fantastic…but its expensive to get the 100 shares. Thanks for sharing the wisdom!

  3. Avataaar/Circle Created with python_avatars C K says:

    I need to get drunk, listen and absorb. Beat PLTR HARD. Rode it down then broke even. Got out . Need more from PLTR to get back in.

  4. Avataaar/Circle Created with python_avatars Hola! keith rogers says:

    Tom
    Do you concur with the view that Nvidia is over-valued at current price?….aside from Tesla and Palantir Nvidia is the other leading engine of the AI revolution.

  5. Avataaar/Circle Created with python_avatars panda192012 says:

    Tom, I appreciate your honesty and that you are sharing your knowledge with us. I am following your investment advice, I'll call you in 10 years😊. God bless your brother!

  6. Avataaar/Circle Created with python_avatars Axel Meierhoefer says:

    Tom, would yu change anything if you only had 7 years, as I do?

  7. Avataaar/Circle Created with python_avatars Nicole Yeo says:

    OMG…your frankness cracks me up! believe me…Im not laughing at you…but your honesty is fantastic…and so needed…no sugar coating!

  8. Avataaar/Circle Created with python_avatars ernestmac13 says:

    What I tell people is to invest it what they are interested in; as you will do research in those areas out of pure interest in thise areas, so it woun't seem like work. For example; as someone i terested in technology, I research many areas of technology and will thus learn aboit developments of new drugs, new cancer treatments, developmwnts in computers, A.I., robotics, etc, which will lead me to having a decent idea of what companies to invest in. Researching these companies, reading their financial statements, etc, is also a neccessary step I will due also out of pure interest.

  9. Avataaar/Circle Created with python_avatars ernestmac13 says:

    The only thing I can see destroying the American economy is Trump being re-electwd, and even worse a landslide for the GOP in all elections leading up to and including the presidential election. He has already stated his ambition to impriaon his aponants, and to dismantle oir political system, which would not only end our democracy, it would destroy our economy.

  10. Avataaar/Circle Created with python_avatars Rajat Katyal says:

    Hey Tom , great video. I like your portfolio strategy and I might do something similar, but I do feel you are over indexed on Palantir. Palantir is a great company, but I don't think they are building the operating system for businesses as you mentioned. The way I see it, they are building the data engineering + analytics platforms for govts, there are other products out there which provide similar services to self-operate which businesses use like snowflake, databricks, dbt etc. So, I like the Palantir's long position but I would diversify more and some other tech companies too like microsoft. Let me know what you think.

  11. Avataaar/Circle Created with python_avatars Red McC says:

    Death, Taxes and Tesla. Gonna remember that one

  12. Avataaar/Circle Created with python_avatars Iam Alpha Gaunt says:

    The intelligent approach

  13. Avataaar/Circle Created with python_avatars Quinn Conor says:

    I follow and love your videos. sadly, it's been a while since i visited it has been a very rough year… i am experiencing one of the toughest phases of my life… Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround.

  14. Avataaar/Circle Created with python_avatars G. Trahan says:

    This is a Bold Claim buddy. Had to click to see what kind of Crazy 💩 you talking

  15. Avataaar/Circle Created with python_avatars mike d says:

    Simple means easy.

  16. Avataaar/Circle Created with python_avatars DonFronShow says:

    You mentioned 2 weeks later it’s just a phone… that’s exactly how Lamborghini is. It’s just a car after a couple weeks. The drive to get one was more exciting than getting one.
    Keep killin it Tom!

  17. Avataaar/Circle Created with python_avatars KEN says:

    Subscribing only for the four letter words love it hahaha

  18. Avataaar/Circle Created with python_avatars Ian Scianablo says:

    No SCHD?

  19. Avataaar/Circle Created with python_avatars LordNementon says:

    You don't get liquidated by shorting, woot!?

  20. Avataaar/Circle Created with python_avatars Pancho Peters Fehr says:

    Tom just confirm that the s&p500 will crash😅

  21. Avataaar/Circle Created with python_avatars Read Icculus says:

    Beautiful

  22. Avataaar/Circle Created with python_avatars Gilberthasit says:

    Haha the title of this video 😂

  23. Avataaar/Circle Created with python_avatars Hunter Hall says:

    You prepare for the worst because your Russian right ?

  24. Avataaar/Circle Created with python_avatars abhishek deep says:

    Hi Tom, just found your channel and learning US stock market. Love from India ❤

  25. Avataaar/Circle Created with python_avatars Joe Barrier says:

    Warren Buffett has been saying the same thing since 1963

  26. Avataaar/Circle Created with python_avatars Aurora Nature Sounds says:

    Let's say you have 10
    .000 to invest as a whole and no more. How would you grow that money? SP 500?

  27. Avataaar/Circle Created with python_avatars R M says:

    Tom quick question would you recommend using Robinhood to buy Sp 500

  28. Avataaar/Circle Created with python_avatars Pete Stetson says:

    Tom, you mentioned you have a 40% allocation in the S&P. Is that in a ETF?

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