Hey friends, appreciate you watching. I hope you got some value from this one. Here's a list of 50+ ideas that can simply be turned into 6- and 7-figure businesses during the coming recesion. Check it out: www.anthonyvicino.com/business-ideas

@The_Blanco_Bronco

Жыл бұрын

Anyone who says you can make a 100k+ business EASILY is a red flag.

@AnthonyVicino

Жыл бұрын

​@@The_Blanco_Bronco True. Probably should've used the word "simply" there. Nothing easy about building businesses. Sorry if I gave anyone false hope with my sloppy language.

@neilcook1652

Жыл бұрын

Good solid advice principles that too many will ignore, more fool them

@AnthonyVicino

Жыл бұрын

@@neilcook1652 I appreciate that, Neil. Thanks for watching.

@jumpiko4553

Жыл бұрын

Hey man I had one question for you. When you said, (Dollar cost average every month into the market) Does this mean, me making 2000 a month, I decide to put 400 into stocks every month from now until 11 months is up and see where it goes? Do I keep investing after 11 months as it “goes back up”? I’m not very skilled in markets and I will study it for sure.

Really appreciate the way you present and share digestible, simple and useful info! 😊

@AnthonyVicino

Жыл бұрын

Glad it was helpful!

Hey Anthony, I just wanted to say I'm so glad I tumbled upon your channel recently. I like your content and the way you articulate your wisdom - humble and grounded yet very sharp, oh and the dry humour 😂 Please keep doing what you do, stay awesome!

@AnthonyVicino

Жыл бұрын

Thank you, Eelee. That's very kind of you to say. I really appreciate you being here (and for taking the time to share that feedback). It means alot to me!

Very informative. Thank you.👏🏾

@AnthonyVicino

Жыл бұрын

Glad it was helpful!

Thank you so much for your beautiful wisdom. So frickin generous, Anthony!

@AnthonyVicino

Жыл бұрын

You're welcome, Joseph! Glad you found it valuable.

Happy New Year! Thanks again!

@AnthonyVicino

Жыл бұрын

Happy new year!

@booshkoosh7994

Жыл бұрын

@@AnthonyVicino Thanks! Your a great inspiration!😄

Amazing content. Thank you for it.

@AnthonyVicino

Жыл бұрын

My pleasure! Glad you found it valuable!

this gives me hope, thank you

@AnthonyVicino

Жыл бұрын

That's great! you got this, Kim!

The 12-18 months from now is interesting! That’s the first time I’ve heard that- many people are racing to invest now, thinking we’re already at the lows

@AnthonyVicino

Жыл бұрын

I can't speak to crypto and stocks, because those aren't my area of expertise, but I can say with certainty that real estate has not yet hit it's peak buying opportunity. Granted, real estate tends to lag the more liquid markets, so perhaps now is in fact the time to buy stock and crypto. My gut tells me probably not, but hey, that's why we dollar cost average and there's nothing necessarily wrong with jumping in to early.

@yongsukmccarthy8571

Жыл бұрын

Thank you for your honest opinion !

Great informative video thanks

@AnthonyVicino

Жыл бұрын

Thanks! Glad you found it valuable!

Thank you. I will follow your ratios.

@AnthonyVicino

Жыл бұрын

Excellent! Hope they serve you well!

Summary: 1. Save 2. Earn more 3. Invest

@AnthonyVicino

Жыл бұрын

Pretty straightforward in the grand scheme of things. :)

Great advise!!

@AnthonyVicino

Жыл бұрын

Thanks for watching!

Great content, excellent information! New follower! 💪🏾💰👍🏾

@AnthonyVicino

Жыл бұрын

Psyched to have you here~!

Very informative 🙏🙏🙏

@AnthonyVicino

Жыл бұрын

Thanks, Padma!

@niklen Also Price moves in cycle when you'll think there is weakness on down side you buy to see it drop 60% again. 1 tip: For long-term investment in projects I trust --- I don't invest my capital once ... i divide the amount and buy slices as the price drops. Not easy at all. Definitely a mental and logic game with extreme courage to stomach the red. Remember , you lose only when you sell

@AnthonyVicino

Жыл бұрын

Exactly right.

@user-ee1fn4vt8b

Жыл бұрын

So my portfolio being tens of thousands of dollars in the red is a good thing, got it

@AnthonyVicino

Жыл бұрын

@@user-ee1fn4vt8b Could be. It's the end of year, so great time for tax loss harvesting. Might be worth considering exiting your positions, resetting your basis, and lowering your tax liability.

@snypertrade

Жыл бұрын

@@user-ee1fn4vt8b everybody is in red during recession. We are almost 8 figures in red right now. And now = short term. We invest for tomorrow = long term and green. We don't freak out. Instead we get slice of companies we couldn't buy at highest price before recession. Hope makes sense... have a good one Just sharing my own experience not a financial advice... do your own research please.

@niklen837

Жыл бұрын

Buy strength After the dip. And remember to use a stop-loss 😄

I'm glad I found you. I always wanted to start investing, as a Technical person I am always overanalyzing things but everything I hear from "self-made millionaries" just didn't seem right and it mostly relied on luck and they make it look like having balls and going at it cold is the way to life. This guy just gave me some ease. You're the first nail in my coffin per se.

@AnthonyVicino

Жыл бұрын

Nice! I'm psyched to hear that, Reuben!

@yangcoatienza3273

Жыл бұрын

Right on!! Anthony in general seems to be much more authentic and transparent when it comes to offering insights instead of just being a typical "trendy" self-help guru.

Awesome advice! In the past 3 years I have decided to turn this work on its head, how exactly OI have not figured out. But I do know I'm well on the way... lifestyle isn't always about driving a Ferrari or living in a mansion. It's being able to do what YOU want to WHEN YOU want to. That is my end goal. Use the the 9-5 to fund asset building so some day I dont need the 9-5.

@AnthonyVicino

Жыл бұрын

You got this, brother! I believe in you.

Overall. As someone who is researched 8,000 years of financial folly. This is great advice. The only exception is the Amazon FBA. The current environment is very predatory. With Amazon taking advantage if not outright stealing successful stores. Again, as always, look at the downside, as well as, the upside and do it without bias or expectation. "Just the facts man, just the facts."

@AnthonyVicino

Жыл бұрын

FBA definitely isn't what it used to be, but I have an ecommerce business that's run entirely through FBA and honestly, it's still a great way to make money. There are definite pros and cons, though.

@rockjockchick

Жыл бұрын

@@AnthonyVicino amazon literally stole from me and I can prove it. I will never sell on there again.

@AnthonyVicino

Жыл бұрын

@@rockjockchick I've had that happen to me, as well. It's the price of doing business, as they say.

God, I love underrated channels.

@AnthonyVicino

Жыл бұрын

Dude, that means a lot. Thank you!

Thank you

@AnthonyVicino

Жыл бұрын

My pleasure!

I’m new here but this is great advice.

@AnthonyVicino

Жыл бұрын

Thank, Remy! Glad to have you here!!

Just came upon your channel. You actually get it without all the crap of doom and gloom. It's called objectivity and actual analysis. I have a master's in economics and have been in banking for 30+ years and totally agree with your assessment. I would add that small caps are a great opportunity right now. The forward P/E on small caps is the lowest in 15 years.

@AnthonyVicino

Жыл бұрын

Appreciate the feedback and that insight into small caps! I'll have to do some research on that.

@gabe7580

Жыл бұрын

What do you mean small caps?

@AnthonyVicino

Жыл бұрын

@@gabe7580 Small Cap stocks (companies doing between $300M - $2B of revenue)

Hey, Anthony! I´ve been currently Dollar-cost avaraging into indexes and crypto for a few years now in a bull market and down. Should i take a break and build more liquidity or continue my current plan? What´s your opinion on this? Thanks !

@AnthonyVicino

Жыл бұрын

Nice! Honestly, just keeping dollar cost averaging if you have the liquidity and ability. No need to stop in hopes of timing the bottom better. (That's my opinion at least).

From Switzerland "the land of millionaires" (lie) big kudos for your hard & smart work, candid comments and great videos!! keep up the good work! If you are ever in Zurich, Switzerland, it would be great to know. Keep up such great content!!

@AnthonyVicino

Жыл бұрын

Thank you! I've only spent a little bit of time in Switzerland. I'd love to make it back out there for another trip!

Thanks Anthony. I like your honest humble attitude. I just increased my monthly contribution to my investment account to invest in more stocks. I own a business and am starting a new online business in my free time. Also stopped nonessential spending. Want to pay off my mortgage as I’m approaching retirement. I appreciate the information. I’ll keep watching and subscribed. 👍👍👍

@AnthonyVicino

Жыл бұрын

That is amazing! Sounds like you are on the right path and absolutely curshing it. I love to hear it!

Great content thank you. If you didn’t have large sums to invest, what business would you start given the coming downturns? Many thanks.

@AnthonyVicino

Жыл бұрын

I would start a business that helps other businesses make more money (or save money). Help other companies generate leads, convert customers, decrease churn, etc... Or, start something with very low overhead (freelance copywriting/graphic designer). These skills are always in high demand and anybody with a laptop and internet connection can start making good money from day one (assuming you're actually any good (which is a big if)).

Hey Anthony, I just came across your channel and I appreciate the content! I’ve been researching and reading books on real estate the past couple of months. What’s your advice for a newbie like me to start investing in real estate? I’ve got a good amount of liquidity in the bank but I’d like to utilize OPM. Would you recommend partnerships? With interest rates increasing, I’d like to utilize seller financing as my #1 strategy. My biggest expense is my mortgage (the only debt I have) on my primary residence but I’m looking into recasting it as I have a lot of equity built up into the property so that would decrease my expenses. Thank you!

@AnthonyVicino

Жыл бұрын

Dude, sounds like you're in an awesome position. First question I always ask new students is: Do you want to invest in real estate or do you want to build a real estate investing company? Most just want to do the first, but then discover the hard way they are actually doing the second... These people usually burn out and give up. If you're interested in going way deeper on real estate, check out our other channel and podcast (@MultifamilyInvestingMadeSimple). We've put out over 300 episodes over there and I'm sure you'll find them perspective you seek!

@jordanalexander9303

Жыл бұрын

@@AnthonyVicino Thank you for the reply! I’m glad you asked that question as all the research and knowledge I’ve been taking in leans more towards building a real estate investment company. I’ll be sure to check out the podcast and channel (which is perfect because I like small & large multifamily as my niche). Keep doing what you’re doing!

Excellent video..strong clear advice 💪

@AnthonyVicino

Жыл бұрын

Glad you found it valuable!

Hi Anthony, just found your channel, and glad I did. You have some great suggestions and advice. Regarding real estate investments, (especially in my state of Maine) investing in real estate is a two edged sword. Pfa contamination has and continues to destroy alot of land up here. So investing in real estate may sound good, but can be more involved than just buying and reselling. Soil and water tests should be done and the cost of those tests is outrageously high. But if you don't have those done, I'm afraid a seller could be held responsible if and when land or water gets contaminated and the buyer saying but you didn't tell me! Real estate imo up here anyways is not a good way to invest.

@AnthonyVicino

Жыл бұрын

Thanks for sharing your perspective and insights.

Good video for a time like this.please how can I get the PDFs

@AnthonyVicino

Жыл бұрын

You can download it at www.anthonyvicino.com/business-ideas

@victorurigwe2246

Жыл бұрын

Thanks keep on being valuable.thanks again

Thx

@AnthonyVicino

Жыл бұрын

No problem!

Do you mind sharing if you have a personal formula that you use for your investment strategy? I really appreciate the transparency, but numbers like $200k are not relative to the average Joe/Joanne who do not yet have millions to play with (emphasis on “yet” 😉)… so, it would be helpful to understand what percentage of your overall investment portfolio these dollar amounts equate to. What kind of split would you say works best for you in terms of real estate vs. stocks vs. crypto vs. small business acquisitions? Thank you so much for your content. So glad I stumbled upon your channel. 😊

@AnthonyVicino

Жыл бұрын

Great question, Nicole. To be honest, no, I don't really have any sort of formula I follow. When it comes to investing, I think you should invest in what you know and what could potentially lead to the highest ROI. For me, the two things I know best are small business and real estate, so I allocate the majority of my time and capital to those endeavors. I believe diversity is a hedge against ignorance and for most people that don't live and breath investing, they are probably best served finding a well balanced diversification between stocks, bonds, real estate, and more speculative opportunities. For me, I don't have much "ignorance" around real estate and business, so true diversification doesn't make a lot of sense for me. But I'm a bit of an outlier, so that advice might not be super helpful. With that said, here's how I might approach investing if I were making $100k/year, loved my career, and didn't care about making more money. (If you don't love your job and/or aspire to making more money in life, then I would completely forgo investing in anything other than yourself, your skills, and your network until you've increased your earning potential to the point where you can't possibly keep reinvesting more into those things). Okay so if I were making $100k/year 24% of my income would go towards taxes leaving me with arond $75k. My cost of living would probably be raound $30-40k/year (I live cheap), so that would leave me with around $35k to invest each year. I'd start by maxing out my Roth IRA and 401k so I can capitalize on tax savings and employer match. The remainder would go into a low cost brokerage account (like Vanguard). I would personally pour everything into an index fund like VTSAX until you get enough that you could meet the minumum investment amount to participate in a private real estate syndication. **Don't know what a syndication is? No worries, most people don't. It's the secret investment vehicle of the wealthy. I wrote a book on it called Passive Investing Made Simple and we have a podcast with over 300 episodes where we talk all about that and commercial real estate (Multifamily Investing Made Simple).** The minimum on those types of investments are typically $50,000. Once you've saved enough to hop into one, you'll want to take your Roth IRA and roll it into a Self-Directed IRA which will allow you to invest your retirement funds outside of just the stock market. Now you can put your retirment funds towards owning a commercial real estate building that you don't have to personally manage. The reason I recommend this investment vehicle is because you can typically double your money every 5 years, as opposed to 7 years in the stock market, but without all the volatility. Also, these investments get way better tax treatment, so you ultimately keep more of what you earn. I would then just keep rinsing and repeating. Store money in the stock market in the short-term so you can get decent yield while you save up enough to hit the $50k minimum and then pull that money out and invest it into real estate. Okay, there's a lot there to digest. Let me know if you have follow-up questions.

@forestadesigns

Жыл бұрын

@@AnthonyVicino thank you so much for your thoughtful response! Much appreciated. I’ll definitely check out your book. Multi-family properties are something I’ve been seriously considering getting into, so sounds like just the type of read I should pick up 😊 Also been adding as much as I can into index funds - so nice to know I’m not too far off base for someone who has absolutely no clue how this game is played, to be honest. I’m good at making money… not so much at managing it or making it work for me but very excited to learn. Again, thanks for sharing your knowledge and for taking the time to get back to me.

Heck ya! Then throw that profit in to solid ETFs with low fees. Nothing crazy, pretty boring, but made made me over $50k passive income last year. Great work man!

@AnthonyVicino

Жыл бұрын

Sick! Nice work, Prof. Digging your channel, by the way. Keep up the great content.

@NolanGouveia

Жыл бұрын

@@AnthonyVicino same To you!!

@NolanGouveia

Жыл бұрын

@@AnthonyVicino maybe we should put together a collab vid or something in the near future 👊💰

@AnthonyVicino

Жыл бұрын

Let's make it happen!

@NolanGouveia

Жыл бұрын

@@AnthonyVicino nice! Ok I just emailed you. 💰👊

Very nice video 🌎 Thanks. Greetings from Colombia. The Venezuelan immigrant writer 🇻🇪

@AnthonyVicino

Жыл бұрын

Hey!

Thanks for the great video! I’ve already started dollar cost averaging into BTC and ETH. Aiming to invest $50 weekly as default. Any week that is a down week I put $75, if it’s a second consecutive down week, $100. If it continues to go down I’ll keep going with $100. Once it’s back in the green I’m back to $50 again. Basically planning to do this for the next year. I may put a little extra in as the year goes on or put in a few lump sums but otherwise I’m keeping it simple and stacking up.

@AnthonyVicino

Жыл бұрын

Perfect! Love to hear it!

Such a good vid

@AnthonyVicino

Жыл бұрын

Thank you!

Real estate for the win!

@AnthonyVicino

Жыл бұрын

🙌

Thoughts on investing into REITs over direct real estate?

@AnthonyVicino

Жыл бұрын

Great question. Here's a hot take I did on the topic: kzread.info/dash/bejne/nWqAwaSve9Gqmaw.html Here's a more detailed article I wrote on the topic: invictusmultifamily.com/reit/

Skill sets🌄🌄

@AnthonyVicino

Жыл бұрын

Yes!

Hi Anthony, great video, cant seem to open your 50+ ideas file, please help.

@AnthonyVicino

Жыл бұрын

Sorry about that, Luke. Shoot me an email and I'll get you a different copy! anthony@Anthonyvicino.com

How about investing in a Electric car during a recession? (2nd hand) Which is an investment because of the money spend will pay back in X amount of years + the government $ you get?

@AnthonyVicino

Жыл бұрын

Interesting. That's outside of my domain of expertise, unfortunately.

That’s some sound advice. You got a subscribe and a like. I am a crypto guys so for me it will be most of the disposable income going into crypto. But some Vanguard index funds for the long haul as well

@AnthonyVicino

Жыл бұрын

Awesome! Psyched to have you here.

I’m 18! Started investing stocks about 2 years ago market was high, soon to get into real estate. this is the perfect time to build generational wealth! Thank you!

@AnthonyVicino

Жыл бұрын

Congrats on getting started so young. Just stay consistent and you're gonna do great!

@Connorphippss

Жыл бұрын

@@AnthonyVicino thank you! I missed this bull run in the market lol Tesla is up 50%! And I didn’t put my money in, we live and learn, I got it next time!

@AnthonyVicino

Жыл бұрын

@@Connorphippss Oof, that's a bummer. I caught Tesla right at the bottom. Pure luck, but that's what happens when you dollar cost average. You tend to get lucky EVENTUALLY.

@Connorphippss

Жыл бұрын

@@AnthonyVicino yea I really should have bought at 115, but I thought it would go down more and I forgot I could just buy more! Lol

@Connorphippss

Жыл бұрын

@@AnthonyVicino do you think I should still get into Tesla now? Is there gonna be a pull back?

This was very helpful, clarifying question. So we should wait until the next 12 months before investing or invest now for the next 12 months? Somehow, i have a disconnect there 🤔 i just came across this video, I hope you see my question 🙋‍♀️

@AnthonyVicino

Жыл бұрын

Both. Start now and keep going. We've already seen big drops in the stock market. If you've been dollar cost averaging into it over the past 8 months, you'll probably be positioned very nicely in the coming years.

Time to rocket launch to the moon during this recession 🚀

@AnthonyVicino

Жыл бұрын

Vroom vroom!

You talk about investing into real estate a lot. Could you make a video how someone would approach getting into it? Or is there any sources you would recommend?

@AnthonyVicino

Жыл бұрын

I have another channel/podcast you should check out called Multifamily Investing Made Simple. We've got over 350 videos on this topic thre.

What types of properties do you invest mostly in? Commercial or SFH or multifamily?

@AnthonyVicino

Жыл бұрын

Entirely Multifamily. We've got a podcast (Multifamily Investing Made Simple) you should check out if you're interested in that world.

Would you be able to provide a beginner video for investing in real estate?

@AnthonyVicino

Жыл бұрын

Absolutely. We've got another channel where we talk all things real estate (Multifamily Investing Made Simple). I'd recommend starting there!

Thanks for the insights without trying to sell us anything. At what point, though, does a man have enough success and money?

@AnthonyVicino

Жыл бұрын

My pleasure. This is a good question. Everybody gets to define success for themselves, but for me, it's not about accumulating more success or more money for success/money's sake. It's about living up to my potential. As such, I don't think I'll ever reach a point of "enough", because as I like to say: "It never gets easier, you just get better." Now, honestly, money isn't my measure for success, and I'm definitely past the point where I need more. But I still feel so much potential inside, which means my work isn't done yet.

One of Best videos i seen recently. 👍

@AnthonyVicino

Жыл бұрын

I'm psyched to hear that!

USA is the best place to grow with sooo many opportunities… 🇺🇸 ❤❤

How is this different than a non-recession strategy?

@AnthonyVicino

Жыл бұрын

Pretty much exactly the same. Shh.. most people don't want to hear that. :)

Tony, where's SBF? What about that CFO polycule wacky woo?

@AnthonyVicino

Жыл бұрын

I'm not the guy to ask. I was always pretty terrible at those Where's Waldo puzzles.

Good video

@AnthonyVicino

Жыл бұрын

Glad you enjoyed

Call it the illusion of richness because there is no new principle identified to be followed in order to avoid a worse bankruptcy and insolency next year. Are you safe with your wealth. When the same process or principle which caused the last problem still applying to your wealth

@AnthonyVicino

Жыл бұрын

Time will reveal all!

Its constantly a recession, always a wealth building opportunity, 2008, 2020, 2022 ...

@AnthonyVicino

Жыл бұрын

Yep

Im really glad I found this channel. Im big in the market and crypto, I also work for Charles Schwab, so I hear all this non stop. You lay down facts, no bs promises.

@AnthonyVicino

Жыл бұрын

Awesome to have you here, Nate!

@brandonthink

Жыл бұрын

Lol. That would be funny if you actually work for that Psycho. Maybe you can… make amendments to his plan. You might have heard of the New World Order…. Yeah… not a good thing.

Couldn’t find the link to best cash flowing businesses

@AnthonyVicino

Жыл бұрын

anthonyvicino.com/business-ideas/

Hİ Anthony ! can you give book advice about economy investment crypto books ? can you prepare video about this ? until 2023 I will read 100 book and I want to read many books about economy and investment. thank you !

@AnthonyVicino

Жыл бұрын

Absolutely, we'll do some content on the topic. In the meantime here's a list of books I enjoyed: Basic Economics - Thomas Sowell Economics in One Lesson - Hazlitt Fooled By Randomness - Taleb The Bitcoin Standard Token Economy The ABCs of Real Estate Investing Passive Investing Made Simple The Millionaire Real Estate Investor

@noticeable3092

Жыл бұрын

@@AnthonyVicino thank you ! I will read these books.I will wait content about book list about we should read. Thanks !

i hope the recession gets better, ive recently starting investing again and it has been a little hard finding what companies to invest in, but thanks to (being lucky in all honestly) and taking some moderate risk, im actually at 40% return from the start of the year to now :D

@AnthonyVicino

Жыл бұрын

Wow. not bad.

Here in Serbia properties have gone to all time high in the last 3 years. So it makes no sense for me to buy property now if it will crash soon. Or am I missing something? Is situation different in America? I mean rent is crazy high. And the square meters went from 900 EUR to 1800 EUR in these 3 years.

@AnthonyVicino

Жыл бұрын

I don't know much about real estate markets outside of the US, so I can't offer any intelligent commentary there, but I will say that a lot of people have been saying prices are at an all-time high here in the US since 2016. Many people have been sitting out because they are waiting for the market to crash. In effect, they are trying to "time the market". More important, in my experience, is "time IN market". Find solid assets that are performing from day one and get in the game. Markets will go up and markets will go down. That's inevitable.

In Zuid Africa whe are from Feb already in recession

@AnthonyVicino

Жыл бұрын

Oof, we're not far behind ya!

Great content here thank you for posting I don't think it's called recession anymore is it? I'm pretty sure this Administration renamed it

@AnthonyVicino

Жыл бұрын

Yeah, it's hard to know what we're in anymore. The definition keeps getting changed :)

Ur Amazon link "My Gear" isn't working

@AnthonyVicino

Жыл бұрын

Thanks for the heads up. I'll take a look at that!

@AnthonyVicino

Жыл бұрын

Fixed! (i think)

@_Geniecool_

Жыл бұрын

@@AnthonyVicino Its working now

@AnthonyVicino

Жыл бұрын

@@_Geniecool_ Awesome! Thanks again for putting that on my radar.

You forgot to mention one thing, you can make bets the stock market will go down and make money during a recession, otherwise good video l

@AnthonyVicino

Жыл бұрын

Shorting can be very profitable.

what recession?

@AnthonyVicino

Жыл бұрын

Good question

Thanks. Hopefully your last sentence will happen and in 10 years I can write you when you will have 10 millions subscribers "Thanks Anthony you helped me on the way to my todays wealth". See you in the future ;)

@AnthonyVicino

Жыл бұрын

I can't wait for that day!

I opened up a savings account with Goldman which right now they are offering 3.00 percent right, and I stashed 30k in there to save to for a fix and rent property. Thanks for sharing your advice really the whole 2023 Iam a just save to have more capital in hand for a better deal, and I’m a use the interest payouts to invest that into my Roth and brokerage accounts.

@AnthonyVicino

Жыл бұрын

NIce. Sounds like you have a plan and are ready to take action. You're way ahead of the pack.

As a 20 year old with little to no money. How do I get into real estate?

@AnthonyVicino

Жыл бұрын

Check out my other channel (Multifamily Investing Made Simple).

👏👏👏

@AnthonyVicino

Жыл бұрын

Thanks!

I am looking for the meat in this talks. What is liquidity? Where to invest?

@AnthonyVicino

Жыл бұрын

Liquidity is a term for how much money you have easy access to. That could be cash in a savings account, or stocks and bonds, etc...

I love you

@AnthonyVicino

Жыл бұрын

Love you more. ;)

If you bought a house in 2010 for 250,000 and its valued at 500K now, you didnt make any money, you just kept up with inflation. And if you put any money into the house during that time you are actually negative on your "investment"

@AnthonyVicino

Жыл бұрын

Sorry, but your math doesn't check out. For a $250k home purchased in 2010 to be equal to $500k now, the average rate of inflation would need to be around 8-9%. In reality, it's been just under 3%. Given the actual historic inflation rate, that $250k building would be worth $350k currently, which means if you sold for $500k, you made $150k above and beyond inflation. If you'd purchased that building with only 10% down ($25,000) then you would have 6xed your money in 12 years (a fantastic return) which doesn't even take into consideration the money you would have made from cashflow or reduced living expenses.

When is the 2023 recession going to happen? Only 3 months left.

@AnthonyVicino

8 ай бұрын

Any day now. :)

What would you do to make money if you were an amateur Illustrator with a lot of free time?

@AnthonyVicino

Жыл бұрын

1. Get really good at illustrating 2. Go on fiverr or upwork and take on projects so you can get your reps in and build a portfolio. 3. Figure out how you can add value to business or influencers with personal brands. Watch their videos/content and figure out where you could help them out. Then, instead of pitching them, just do the work and send it to them. This is called leading with value and might seem like a bad way to make money, but it's the best way to make money in the long term.

@32marmota

Жыл бұрын

@@AnthonyVicino Thank you a lot for your response. Also, is leading with value like giving free samples at the supermarket? If I understood well

@AnthonyVicino

Жыл бұрын

@@32marmota That's a great way of thinking about it.

Hey Anthony! If you wanted to invest in an Iconography business focused on Tech Companies, I'd love to chat!

@AnthonyVicino

Жыл бұрын

I appreciate the offer! Unfortunately I know nothing about iconography so wouldn't be of much use as an investor (besides capital). I try to only partner with businesses I know I can personally help. Good luck!!

it is carzy how much this guy and i look alike

@AnthonyVicino

Жыл бұрын

I've never seen you, but yes. I agree. :)

I want to live below my means, the problem is I have a wife and kids. Ive been investing 50 bucks a week in an index fund. It is hard to check it a lot and to see the losses but hoping the long term pays off

@AnthonyVicino

Жыл бұрын

Kids make it harder, but don't that stop you.It's possible.

Any particular advice for someone like me, 36 yrs old woman with 2 kids and embarrassed to say but $0 in retirement and only $1000 in savings 🤦‍♀️( to worsens things $12,000 in debt) my income is only $1,600 a month 🤦‍♀️ please any advice

@andreasschweize3902

Жыл бұрын

The video is absolutely spot on . I began accumulating wealth when I started following up my investment properly, The importance of mentorship and guidance from an expert cannot be underestimated. Without proper mentoring one tends to mismanage funds. That is why I prefer working with an expert like Kristine Marie Brice who doesn’t just manage your portfolio but also guides and help you grow your portfolio massively.

@wildnfree223

Жыл бұрын

Respectfully you must know you're not alone, 3 tips, reduce your expenses, invest in yourself education/develop skills (make sure these are marketable) Then pay debts to zero and invest what you afford to lose. Find a good mate as 2 people together can achieve more than 2 individuals Much love from Alberta Canada

"Recessions are like a "Great Reset""...

@AnthonyVicino

Жыл бұрын

Yep

How do you know that this will not turn into a depression? And what are your plans if it does? Remember Charlie Munger as well as other highly successful investors always say. " Invert always invert."

@AnthonyVicino

Жыл бұрын

Great question. Can't know for certain, but if that does happen, sitting on as much liquidity as possible is still the right play!

@skr8674

Жыл бұрын

@@AnthonyVicino when buffet’s holding over 140 billion in cash, you know that’s the way to go!

@AnthonyVicino

Жыл бұрын

@@skr8674 Yep!

@traderight1446

Жыл бұрын

You have to remember, you are not Warren Buffet, he plays a different game. Besides wealthy people do not hold liquidity. We do not pay taxes because we don't show an income. Holding cash shows income. Don't be silly and think they are sitting on cash. Everything is invested. Being in debt always. However, where are they investing? Gold?? They are hedging.

11:08 - You are talking about how people shouldn't try to time the market, but at 10:34 you stated, ""Dollar cost average into the market in about 12 months." which is literally trying to time the market.

@AnthonyVicino

Жыл бұрын

I could have done a better job in that section linking those two ideas more clearly. The statement about "time in market" being most important was actually a general sentiment I was trying to make around the fact that there really is no bad time to start DCA into the market. I've personally already started. I do believe the market has further to drop, which is why I'm giving the general advice of starting in 12 months, because my gut tells me the majority of people watching this video will only become discouraged and give-up if they start DCA'ing hard right now, only to see the markets continue to drop over the next year. Don't know if that helps, but there it is. 😁

@GMoretti-ux1pe

Жыл бұрын

DCA is literally the most optimal method to avoid timing the marketing

@AnthonyVicino

Жыл бұрын

@@GMoretti-ux1pe Agreed

@fallingscalesmedia

Жыл бұрын

@Anthony Vicino I just found your channel - I appreciate your sincere and humble response to the timing the market constructive criticism. Builds trust! Additionally, I love how you are discussing everything sans FOMO and fear mongering. When I’m watching your vids, it’s like I’m sitting back and thinking and reflecting in a happy way! TY

When was the last time a fire started naturally?

@AnthonyVicino

Жыл бұрын

No clue.

And areas that refuse to clean their forests and log them, cause more harm making wild fires happen.

@AnthonyVicino

Жыл бұрын

The world is one big complicated game of "consequences".

@jarredburt

Жыл бұрын

@@AnthonyVicino enjoyed your video and have already started DCA into my investments.

@AnthonyVicino

Жыл бұрын

@@jarredburt Psyched to hear it, man!! Thanks for being here, Jarred.

Bottom could just as well be in, nobody knows, keeping cash now does not make any sense to me

@AnthonyVicino

Жыл бұрын

True. No clue where the bottom will ultimately be.

lol dude your numbers are hilarious. you live in a whole different world

@AnthonyVicino

Жыл бұрын

We each live in a world of our own making. Make yours wisely, my friend. :)

Go easy on the term “great reset”, pretty soon you will start reminding everybody of Klaus Schwab if you’re not careful.

@AnthonyVicino

Жыл бұрын

Lol

Teenager, couple thousand dollars in the bank, no assets, feeling good

@AnthonyVicino

Жыл бұрын

Awesome! You're killing it.

really at all time highs your gonna buy real-estate?

@AnthonyVicino

Жыл бұрын

Yes. Unequivocally, yes.

@chriss4365

Жыл бұрын

@@AnthonyVicino That goes against Buffets advice.

@AnthonyVicino

Жыл бұрын

@@chriss4365 How so?

@chriss4365

Жыл бұрын

@@AnthonyVicino Be fearful when others are greedy, and greedy when others are fearful," said Warren Buffett.

@AnthonyVicino

Жыл бұрын

@@chriss4365 That has nothing to do with buying at all-time highs. That has to do with "overpaying" relative to an assets value. A thing can be priced at an all-time high and STILL be undervalued. Warren understands this, which is why he's continued investing through 2021 and 2022 (despite values being at an all-time high).

next video idea: how to make profit and get ahead in the market relying on the chinese great famine

@AnthonyVicino

Жыл бұрын

Hm... not sure I've got any insights worth sharing on that one :)

You should stick to investing and not comment on the environment lol…thank you that was helpful!

@AnthonyVicino

Жыл бұрын

If my understanding of wildfire implications is misguided, I'm open to feedback/new information.

@ctgeblue17

Жыл бұрын

I thought it was a great way to explain how the recession came about...it actually gave me a good understanding 😏

I am going to sell my plasma

@AnthonyVicino

Жыл бұрын

I did that back in the day. Gotta do what ya gotta do.

Nice video title, obviously not an exact copy of Graham Stephen. Come on bro

@AnthonyVicino

Жыл бұрын

A lot of time and research goes into coming up with a title for our videos. Looks like Graham's video came out just a day before ours, which is a bummer, but I can assure you we had already settled on the title a week before launch. Great minds think alike, I suppose.

@frankcoble4052

Жыл бұрын

Good comeback I got to admit. How could he do that much work in one day? And he didn't get defensive about it is saying something

How does one invest their $47 into real estate?

@AnthonyVicino

Жыл бұрын

If $47 is what you have to start with, best bet would be into a REIT (real estate investment trust). However, if all you have is $47 to invest, truly the best investment you can make is in acquiring skills that'll increase your earning potential.

@batatis11

Жыл бұрын

@@AnthonyVicino Thanks for replying. By skills what do you mean? I'm a complete newbie to investing and the like.

@AnthonyVicino

Жыл бұрын

@@batatis11 Great question! Skills like coding, design, copywriting, marketing, communication, persuasion, psychology.. There's so many. I've actually got a video coming out next week on Millionaire Skills. Keep an eye posted for that. I think you'll dig it.

@batatis11

Жыл бұрын

@@AnthonyVicino Thanks. I definitely will watch it, and research some of these skills in the mean time.

@wildnfree223

Жыл бұрын

Learn how to weld, or finish carpentry. These skills are essential when the shit hits the fan and will always be paying. Much love from Alberta Canada

Really cool. Remember they take half of what you do in divorce. ;- )

@AnthonyVicino

Жыл бұрын

Lol. True.

Well it would be nice of your money didn't get stolen.

@AnthonyVicino

Жыл бұрын

That;s fair.

So I am to bust my ass in overtime building liquidity only to find out the great reset will wipe all of us out? Meanwhile, my kids miss out on having their dad around. You can trade your money for time or your time for money. I’m betting on silver and crypto 5 years from now 10X

@AnthonyVicino

Жыл бұрын

Well, as long as you realize you're making a bet, go for it! Best of luck on your journey, Steven. Appreciate you checking out the video.

A digital marketing firm in this climate? And you act like the bottom just presents itself in a packaged box one day. You make this sound easy and none of it is.

@AnthonyVicino

Жыл бұрын

It's simple, not easy. But so is the alternative... People can keep doing what they're doing. Working jobs they hate with the fake sense of security, living in fear of investing during rocky times Both paths are hard. Choose wisely.

crypto is a con

@AnthonyVicino

Жыл бұрын

At times I'm inclined to agree.