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For a lot of people the idea of retiring early seems impossible like some kind of pipe dream that could never actually happen. But guess what, it is completely possible. Easy? No. But possible with the correct strategy.
In this video I cover proven methods you can use to secure your financial freedom and retire within 10 year no matter who you are or where you are currently.
This is totally possible.
Make money online
Retire
How to retire early
Make money online
Generational wealth
Investing
Timestamps:
0:00 Retirement Plan
1:22 How to Plan for Retirement
2:54 How to Invest for Retirement
4:50 How to Save Your Money Properly
7:14 How to Retire Early
9:34 Up to 12 Free Stocks
how to make money online
how much money to retire
Fat FIRE
Financial independence
how to get rich
how to retire at 30
how to retire young
Schedule one-on-one business consulting with me here: https://max-maher.teachable.com/p/1hr-consultation-call
*I am not a financial advisor. This is not financial advice. Some of the above links may be affiliate links*
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Liked, and Shared…. need to implement some of this asap. Thank you for another amazing video!!!
You forgot "Dumpster Fire" which is currently where most people are…
Seriously though, I really enjoyed the info. Thanks Max
Great video. My number one defi project to generate a passive income is grizzlyfi. They are building a huge ecosystem around the ghny token, with real yield rewards, leverage and much more. I would love to see some content about it
That feeling in 00:00 about retirement in your 30s, when you are already 35 …
Tomorrow, I will watch this again so it seeks in
I've been doing this strategy. Saving around 70%. Though I wish my income could be hire. I hate many career jobs. They are so depressing and stressful. Learning photography & videography skills but the market is so saturated and don't know how to operate a side business.
I followed this dude thinking he was the saving grace to my life and how to make more money he is no different just selling false hope to people.
You should strive to own at least 3 of these assets not just one. Besides starting early perhaps the most important rule of investing is "Diversification". Even the Bible in Ecclesiastes 11:2 made this very clear and considering the present economy, this becomes clearer Never put all your eggs in one basket- A practical example is me As one who has been into corporate jobs for as long as I can remember I made my first million earlier this year from stocks and bonds alone. I also experiment with a couple of other things. Hard to imagine that I had initially refused to try out new luck. possibilities Good
FTX is going to 0. They shorted the market and dumped on their investors. FTX tried to kill DEFI and Crypto. NEVER believe what a YouTuber advertises
Too caught up on the fact tha he was doing the squats just because of the fun of it
i hate spending my money lool
When you have family this isn't really an option 🙁
#delayedgratification 💯💛💜
I just discovered that how much I spend buying food for a month is just half of my monthly income. So cooking my own food will save me more.
‘’Courage taught me no matter how bad a crisis gets … any sound investment will eventually pay off."
How about starting right at your bday at 40?
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Basically the only recipe you need for Financial Freedom in one video. As always Max you're absolutely on point. Keep it it up!
Hmm yeah maybe all just go all in crypto honestly I’m not sure
Highly recommend Personal Capital. I have been using it for 5 years now. Super helpful.
Do all that and then loose all the things you've saved to inflation or economic turmoil. I have 2 examples from personal life and people close to me. It's 1991 USSR is falling apart. 2 people close to me went about their money in different ways. My grandma who was a single mother saved every penny she could so she could send her daughters to college. She spent over 15 years to occuulate her wealth. And in those days it was quite a good sum. You could buy a good house, or a car, but she kept on saving. And then the currency defaulted. She took the money from the bank. 15 years of savings and couldn't buy bread with it. My uncle on the other side. Did what people were telling him not to. He took a loan from the bank and built a house. When the currency defaulted, he sold some sunflower oil and paid off his debt. Key point is invest. Cash is garbage
Hahaha Dan seems like a riot! I’d like to hang out with you guys! Great video i've been doing some of what you mentioned, i tried to get my bud to do it with me but nah he wasn't game! Not like Dan haha. 70% on essentials, 20% on things you want, 10% saving. I tried showing some of my pals how to do this and not one did it and i constantly hear how skint they are. I’m deffo sharing this video in the hopes they will see the logic and keep and grow wealth, nice one.
There is always a rule #0. Put yourself in a friendly environment. Move to a country with a low risk of war/revolution, for example.
Like this year I'm done with my debts, managed to save 20k for the emergency fund. Now is a good time to start investing. But I can't, because the freaking russians are attacking my country with rockets. So the best investment I can do is to put this money into Ukrainian charity funds.
Great video!
lol. saving 70% of my income?! Must be nice
can you please do a video about $GHNY? They had the biggest launch on the bsc and even won the Defi innovation award this year
Hey, I just wanted to say thank you, thank you for opening my eyes… I've already tried to apply the rules mentioned in your video but it's very very hard for someone who likes to buy stuff. I'm going to take it one step at a time and you may laugh but at the beginning of each day I will watch THIS VIDEO to remind myself to stay focused. Keep up the good work 🙂
Max can get any bitches
to 30 is not possible, but try 40 🙂
"before your 30s"
haha i am 39
The 10/90 rule sounds like what 401k plans do by default.
you live in Puerto Rico??
Phenomenal video Max! Such an awakening video!
Scam
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The funny thing is that very quickly you discover that the frugal lifestyle is the best way to live and that there are many layers of saving that are easy to navigate to find the happy medium for yourselves. Take food for instance…rather than spending as little as you can and eating expired processed foods you could realize that cooking at home from scratch gives you the best food available at the lowest cost and by shopping and stocking up on sale items you'll save more than enough to build your wealth while enjoying far better food than even the finest restaurants and on a daily basis. That's really the secret, to find less expensive alternatives that are also better. I like to buy used items for everything from furniture to tools to hobby equipment not just to save a lot of money but because things were made better in the past, often times far better.
Then there's the fun projects…I couldn't find a decent mattress and discovered that the springs are fewer and made with a lighter gauge of metal so after thinking outside the box a little I spent $350 on a king sized zippered bamboo fabric mattress case, a 6" layer of high quality, high density foam and a 2" memory foam mattress topper and assembled it all. Best mattress ever and very long lasting too. No one sells this because even the foam mattresses use lower quality foam in order to lower their costs.
My stereo is a Yamaha receiver that was free from a relative's home theater upgrade (no HDMI), a pair of Polk Audio book shelf speakers that were $35 off Craigslist and a free 14 year old dell laptop running Ubuntu for streaming and playing MP3s…it sounds fantastic, has 40 radio station presets and a remote.
The good life is ridiculously inexpensive, easily afforded, allows you to have a high savings rate and to do some pretty amazing things with your 1040 including completely eliminating your income tax liability with the form 8880 retirement savers credit and even make tax free Roth IRA conversions…what could be more valuable than that? Cheers!
My side hustle is mining ⛏️ Ergo.
Hay Max, so is sales time or result base?
Another well edited and paced video, Max. Well done, mate. Keep up the great work 👍
You can do all of these, make above the national average income, and it'll still take 30+ years of doing that to make it anywhere near this level. I have a degree, I've taken multiple financial classes, and I'm telling you the truth. The only way to retire by 30 is to be born into it, or get lucky. Even Max isn't "retired" he probably does this wayyyyyy more than 40hrs per week also, and here he is, cluckbaiting you into paying for his career. Well played, Max. Well played. 👏 👌
It's pretty complicated for a guy like me. Trading on Bitfinex is my choice and is gradually bringing me closer to a similar goal. Besides I like what I do as long as it brings me results and profits.