“every single time you buy an asset – gold, stocks, anything – there's risk involved i think they're going to go up in general because …
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“every single time you buy an asset – gold, stocks, anything – there's risk involved i think they're going to go up in general because …
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36 comments
Land will and always will become more and more expensive, for the simple fact that the population of Earth is increasing. Never sell land, apply for government grants that'll let you leave it to grow wild and still make an income from it
We need to stop taxing labour so high and start taxing wealth and assets more.
Watching in my 40s… And only just starting investing I feel so behind!
Have you looked back into Gamestop lately? Quite the turnaround with a CEO who takes a $0 Salary. I agree with your sentiment however i've been an investor in that company for a while now and I think it's caught a lucky streak in terms of that it was a "safe haven" stock to learn how to trade on/ learn the mechanics of a market. Very interesting to look into!
We love you Gary❤️❤️❤️❤️❤️
Watching from Johannesburg, South Africa
The best way for poor people to break free is to encourage taxation of the rich is bad advice. Develop skills, gain experience, take chances in a new job, find someone more successful than you develop a relationship with them.
Can regular investors learn from how Buffett sells stocks and adjusts his investments to grow their money over time while keeping risks low? Let's say around 90k?
It's worth mentioning aswell that its not just a cash boost from parents that enable young people to buy houses.
It could be a simple as you were able to live at home rent free while you saved, that alone is worth thousands per year that not everyone has the option for.
I think its important to realize that anyone can make money from investing. Trading is hard, and inaccessible to most, but saving and investing in long term trends can make you far more then 3-5% a year. I do it and it helps me a lot even though my savings are meager, less then 2k pounds. Keep doing it and the compound interest will work in your favour. Learn how you are psychologically affected by market swings, stay in the game, live frugally and save. Taking some (informed) risk is better then not taking any and staying in a dead end job.
Why owning houses if you can have equity?! Easier to move, better diversification, way harder to regulate.
Worth pointing out you can get a 0% mortgage now – great for those who are already renting on their own but want to get their own gaff.
The generation who benefitted from the property boom are and will be dieing off, this will naturally mean wealth is passed down to younger generations and will also, via Capital Gains, Stamp Duty and Inheritance Tax be lining the government's pockets with large taxes.
Many of us do have parents who benefitted from the boom, even poorer households were able to buy their council houses in the 70s, 80s and 90s and become wealthy as a result, particularly those in central London.
The issue I see is more the large newly arrived immigrant population, specifically illegal immigrants or those come in as partners and family members, who don't fill a gap in skills shortages, won't add much to the economy and do not have skills or money.
Even those come to fill a role on visas are often on low paid jobs in healthcare and nursing, and bosses can afford to pay them little. This is all driving down living standards and creating an underclass of mainly immigrants who cannot afford to get on the property ladder.
The super-rich is a problem and morally wrong, so as I see it we have two issues. A super-rich band growing at the top of the pyramid, owning inordinate amounts of wealth, paying little tax and constituting a tiny % of the population. Whilst a bottom band of the pyramid grows inexorably due to mass immigration of low or no skilled people.
Either way the inequality will continue to rise but there will continue to be a large band in the middle of middle class households who are on the property ladder and so were their parents so effectively saved from falling into the lowest band of poverty unless they completely mismanage their funds and lose their property.
Well fuck
Unit trust here in zambia offer a 46% return on a minimum deposit of zmw 500…
Planning regulation needs to be relaxed; houses over certain measurements can be converted the older generation then have two options 1. live on one floor 2. rent the other floor (s) or allow their children to live on one floor; the council tax doubles for local authorities, the work in putting in a new kitchen and bathroom stimulates the lower end economy and the Government have not had to drawdown cash to fund it. Leases can be drawn up on unencumbered properties these properties can be later sold and fed into the system hence increased housing supply.
Hello Gary, many thanks for your videos!
Could you pls give more education and practical, i.e. detailed, advise on investing? I have never done it and I know this sounds stupid, but I would like to invest in gold but even do not know how to do it.
Many thanks!
Best wishes!
The one point you missed
IMHOis BTC. Property will always bind you down to one place. So if you are not in that game of refinancing to build up multiple properties, the only way is to diversify. And have a long term investment.Buy xrp
another way to fix the property issue would be to utilise public funds to build and sell affordable homes to all citizens , why anybody is talking about this option?
gary's investing advice.
get a mortgage.
thanks gary. 🙄
One thing I fear is the day assets crash, which could happen instantly after a change in immigration policy, foreign investment policies or even war. Nothing is guaranteed. People should be happy poor and rich, count the blessings you have and try to do good so that you can inspire and help others, not to buy expensive cars or big homes.
Where’s your accent from, Gary?
What about now? I’m waiting to enter gold until after the US economy digresses back to the mean.
When the people in the future look back on this period will they see it as the AI bubble or the internet money bubble? The media is already spinning a potential AI bubble, but really the leverage on buying internet money is the bubble?
Is he on cocaine?
There are two huge problems with property, from my POV: If another mortgage hike comes along, you're quickly priced out of the market and have to get rid of your property, effectively losing it all, and the other huge risk is taxing and regulation, because if, say, the government mandates heavy investments in modernizing properties, which might be especially true for cheaper properties that you'd expect to have lower standards, then you're up against the wall as well. Edit: I just saw that this video is 3 years old. Maybe you want to revisit some of your implicit assumptions.
Zero advice. Everyone knows this. Property isn’t liquid. This guy wastes time. Go elsewhere. He is uneducated. I’m not being mean.
Buy high, sell low. No wait …
I own my own house …i dont want prices to rise..thinking of my children
Stop talking like a yardie
Make counterfeit… thats how you get rich.
Torn between more property or build a portfolio of stocks & shares
So basicly what your saying is we're all fucked 🤦
Good video bro. Alot of people dokt understand what youre saying with this or crypto trading. The conditioning and hunger to impress is way too strong with poeple nowadays. They rather be in debt huge debt, paying back more than something is worth to fulfil their short term desires and give up their long term growth, they cant wait for the frurit to ripen, thats why majority wil remain poor because of these generations.
They dont even realise what theyve dont to the economy by normalising debt.
Many can't phathom their fates of being poor, especially in these western countires. The culture has gripped people hard.
I have a business idea and through the business returns I want to help the youths in my local communtiy. I have self studied marketing and branding and tested my product with excellent feedback and beliebe the business can be highly successful.
If you are kindly willing to invest, id love to work with you. Probably not the best place to ask but here I am 😅
So interesting to listen too this guy knows what he is talking about need a mentor like him 👊
You don’t start with huge amounts, you gradually add to your investments.
Also the annualized returns on property vs investing is much lower and you’re going into debt for it. Stocks are much better.