Here is exactly how to build wealth in your 20s, how to invest in 2021, and the best stocks / real estate / index funds to research for the rest of your life - Enjoy! Add me on Instagram: GPStephan
GET YOUR FREE STOCK WORTH UP TO $70 ON PUBLIC & SEE MY STOCK TRADES - USE CODE GRAHAM: http://www.public.com/graham
NEW BANKROLL COFFEE NOW FOR SALE: http://www.bankrollcoffee.com
JOIN THE WEEKLY MENTORSHIP - https://the-real-estate-agent-academy.teachable.com/p/graham-stephan-mentorship-program/
THE NEW PODCAST: https://www.youtube.com/channel/UCMSYZVlQmyG8_2MkIKzg0kw
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://the-real-estate-agent-academy.teachable.com/p/the-youtube-creator-academy/?product_id=1010756&coupon_code=100OFF - $100 OFF WITH CODE 100OFF
FIRST: BUILD YOUR CREDIT SCORE
Those 3 numbers will dictate whether or not you get an apartment, are allowed a mortgage, get a car loan, have a low interest rate, or even PASS A JOB APPLICATION. So to do this:
- Go and apply for a free Discover It Secured Credit Card online.
-Sign up for a free credit monitoring website
-Wait 6 months and apply for a second no annual fee card
-Get a Charge Card
-Profit
SECOND: GET AS MUCH JOB EXPERIENCE AS POSSIBLE
I believe that your 20’s are REALLY such a good time to take a LOT of risk, try new careers, be as BUSY as possible, and THEN - see what sticks. Every job is going to give you a different skill set, that you can THEN leverage into your next position…while, each time you try something new, you’re going to learn what you like, what you don’t like, what you’re good at, what you’re BAD at - and, from there - I nearly guarantee you’ll make more money as a result.
THIRD: START A BUSINESS
The best way to make a ton of money and become wealthy, is by starting a business, and have that business be mobile. EVEN IF IT FAILS, or if you make NO MONEY from it - I promise, it’ll be one of the most valuable learning experiences you can get, and it’ll bring you SIGNIFICANTLY more life perspective than someone who has NOT run their own business. It’s something I like everyone should try at least ONCE, and your 20’s is the perfect time to do so.
FOURTH: INVEST EVERYTHING, IMMEDIATELY
THEN…in terms of WHAT to invest in…PERSONALLY…I would invest in equities, which include individual stocks, or a broad index funds likem VFIAX or VTSAX that covers it all. Just buy solid, long term stocks and index funds, and then don’t look at the the prices or sell for 30 years.
FIFTH: LIVE LIKE YOUR BROKE
I’ve said this before, but your 20’s are a free-pass to live like your broke, because no one expects you to have anything, anyway. You can live with your parents, you can live with room mates, you can drive an old car, you can be super cheap, you can live in a less desirable part of town…and NO ONE CARES.
SIXTH: MAKE SURE TO CREATE MULTIPLE STREAMS OF INCOME.
When 65% of millionaires have 3 or MORE sources of income…I would take that Into consideration, and do your best to DIVERSIFY as much as you can.
SEVENTH: STAY AWAY FROM BAD DEBT.
For myself, the ONLY debt I consider acceptable is a low interest rate mortgage, a business loan, or anything that actively makes you more money than what you pay in interest..if your debt doesn’t fall in THAT category, or you don’t absolutely NEED it…get rid of it.
EIGTH: STAY HEATHY
I’ve found that I do my best, most energetic, and productive work when I get a good night of sleep, I eat healthy, and I go to the gym on a regular basis.
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
GET YOUR FREE STOCK WORTH UP TO $70 ON PUBLIC & SEE MY STOCK TRADES - USE CODE GRAHAM: http://www.public.com/graham
NEW BANKROLL COFFEE NOW FOR SALE: http://www.bankrollcoffee.com
JOIN THE WEEKLY MENTORSHIP - https://the-real-estate-agent-academy.teachable.com/p/graham-stephan-mentorship-program/
THE NEW PODCAST: https://www.youtube.com/channel/UCMSYZVlQmyG8_2MkIKzg0kw
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://the-real-estate-agent-academy.teachable.com/p/the-youtube-creator-academy/?product_id=1010756&coupon_code=100OFF - $100 OFF WITH CODE 100OFF
FIRST: BUILD YOUR CREDIT SCORE
Those 3 numbers will dictate whether or not you get an apartment, are allowed a mortgage, get a car loan, have a low interest rate, or even PASS A JOB APPLICATION. So to do this:
- Go and apply for a free Discover It Secured Credit Card online.
-Sign up for a free credit monitoring website
-Wait 6 months and apply for a second no annual fee card
-Get a Charge Card
-Profit
SECOND: GET AS MUCH JOB EXPERIENCE AS POSSIBLE
I believe that your 20’s are REALLY such a good time to take a LOT of risk, try new careers, be as BUSY as possible, and THEN - see what sticks. Every job is going to give you a different skill set, that you can THEN leverage into your next position…while, each time you try something new, you’re going to learn what you like, what you don’t like, what you’re good at, what you’re BAD at - and, from there - I nearly guarantee you’ll make more money as a result.
THIRD: START A BUSINESS
The best way to make a ton of money and become wealthy, is by starting a business, and have that business be mobile. EVEN IF IT FAILS, or if you make NO MONEY from it - I promise, it’ll be one of the most valuable learning experiences you can get, and it’ll bring you SIGNIFICANTLY more life perspective than someone who has NOT run their own business. It’s something I like everyone should try at least ONCE, and your 20’s is the perfect time to do so.
FOURTH: INVEST EVERYTHING, IMMEDIATELY
THEN…in terms of WHAT to invest in…PERSONALLY…I would invest in equities, which include individual stocks, or a broad index funds likem VFIAX or VTSAX that covers it all. Just buy solid, long term stocks and index funds, and then don’t look at the the prices or sell for 30 years.
FIFTH: LIVE LIKE YOUR BROKE
I’ve said this before, but your 20’s are a free-pass to live like your broke, because no one expects you to have anything, anyway. You can live with your parents, you can live with room mates, you can drive an old car, you can be super cheap, you can live in a less desirable part of town…and NO ONE CARES.
SIXTH: MAKE SURE TO CREATE MULTIPLE STREAMS OF INCOME.
When 65% of millionaires have 3 or MORE sources of income…I would take that Into consideration, and do your best to DIVERSIFY as much as you can.
SEVENTH: STAY AWAY FROM BAD DEBT.
For myself, the ONLY debt I consider acceptable is a low interest rate mortgage, a business loan, or anything that actively makes you more money than what you pay in interest..if your debt doesn’t fall in THAT category, or you don’t absolutely NEED it…get rid of it.
EIGTH: STAY HEATHY
I’ve found that I do my best, most energetic, and productive work when I get a good night of sleep, I eat healthy, and I go to the gym on a regular basis.
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
Love you graham your the reason I’m heading in the right direction
Loved the video loved the transparency
The best way to find that balance between saving and living is by investing, This way you get to have your savings intact and then live comfortably off the revenue coming in from your investment.
I use to like Graham content, now it's become dull and redundant. But hey, you gotta get those view$ man. I respect the hustle but I'm out.
As a 18 years old, i started working and already saved up 2k is my first job, been working for a whole month and 12 days i will be opening a business, but idk what to do yet, and get my credit card, because i wanna do real state
What Credit cards would you suggest for the fellow Europeans (Not in the UK) and a good Credit score tracking app?
Thank you and keep up the incredible content!
This man really out here making careers
"What's up Graham it's guys here" anyone else catch this??
I always get told I’m a penny pincher because I’m making good money for my age but I want to invest in my self for the future
20 just started learning about investing
God bless you…you’re so helpful I’m very thankful
What are all the Linux scam comments?
What brokerage should I use to get a ROTH IRA
there’s a reason i’m still subscribed ❤️ never let me down
You do WAYYY too much body and arm motions when you talk. Its clear that its not natural for you to do it, you think you have to just to make yourself less static. Be yourself. I cant watch or listen to these videos because of that and your voice
I’m not American so it doesn't really change anything for me but I don't understand Roth IRA… what is the counterpart ? Easy money doesn't exist so why would you get 2M$ just for saving 6k a year ? I don't get it.
Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life
I think this is a sign that i should finally open my own auto detailing business. There’s one source of income, stocks is the second, and maybe even start posting detailing videos for a side income. Thanks for the push.
Forsure, Jordan Belforts lost seed
More bots in the comments than dollars in Grahams account 😬
dude i send your channel to EVERYONE. no one at least in Gen Z has anyone helping them with finance. school is the worst it’s ever been and jobs take advantage of everyone. this information is essential
studying finance in a poor country just makes me realise even more that this is not very possible in you are not american
Why are there so many people commenting about Linux Tech Corps
How you talk and body language gives me the vibe of Jordan Belford 😁
I am joining the military my father left me a house I am planning on buying a second house to rent until it pays it off then getting a mortgage against their house and getting a third house and keep repeating the process until I own a few houses in which I can make a few thousand dollars a month retire from the military with a health pension and collect money for renters….
Dreams.
This video is exactly what I've been thinking about during my gap year. I cant wait to go to the bank and open up that tax free retirement savings account. Life feels really exciting and I'm happy that there are people like you out there to spread the knowledge.
The charge card he recommended has a $250 annual fee… is there another one of similar quality that has no annual fees?
Did no one notice how he said, “what’s up Graham, it’s guys here.” I thought I was tweaking 😂
i’m 20 years old with absolutely 0 knowledge in finances & real estate. i’ve been terrible at saving. my credit is good could be better. better i’m so pumped and motivated to learn and get better and be knowledgeable!! i’m so excited
Graham you give us so much value for free it's kinda crazy
[thank you note] [personal (totally not fake) story] [linux tech corps plug] [keep it up]
The amount of value you get from Graham's videos is truly remarkable.. Wow!