My name is Kris Krohn. Today, we're going to talk about the best way to invest in
your 20s. For me, my 20s was my time to actually become financially free so that
when I got out of college, I never had to have a job. And today, I'm going to share
with you 4 the most important principles that allowed that to happen
for me and that can allow that to happen for you. Warning: Some of the information
I'm going to share with you is highly controversial. These are things that you
either haven't learned in school or college and some of these are things
that people would not want you to learn. So, I just want you to be aware of that
upfront. Because some of my ideas are not popular but I will tell you this: They
work. I've been retired since 26. So, well over a decade ago. And since then, I've
had a chance to visit 40 different countries. I lived in multiple really
huge beautiful houses. I've been able to drive whatever car that I want. And you
know, honestly my results really speak for themselves on thousands of
properties. Now, best-selling author. I've been able to help a lot of people create
financial freedom. I am a co-creator of financial freedom. And if you like the
sound of having more of that in your life, then subscribe because every day,
I've got new content coming your way designed to help you become financially
free. Now, what I want to start with with these 4 rules. The first one is
definitely something I never learned anywhere in school. Which means there is
something you do need to learn that you haven't been taught. You must learn how
to invest. Now, if you look at any of the Great's Ray Dalio, Warren Buffett. People
that I've actually had as mentors. Not just to books. But that I've met live and
I've been part of masterminds all over the world with some of the most
successful people. I'm going to tell you right now that when you look at some of
the world's most financially successful, they got an education that you can't
find in school. They actually learned about investment. They understand these
basic concepts that you need to learn how to save your money and then put your
money to work. In the beginning, you might start with a thousand dollars. And
imagine for a moment if you could actually double your money 20 times in a
lifetime. And you all you had to start with was a grant. Well, a thousand dollars
becomes 2 thousand. 2 becomes 4 grand.
4 becomes 8. 8 thousand becomes 16 thousand. 16, 32
thousand. 32 thousand becomes 64 thousand.
128,000. Basically from therem a quarter million. To half a million. By the
time it's doubled ten times, a thousand dollars has become a million dollars. Now,
just think about that for a little bit. That's just ten times. If we do that 10
more times, that million becomes a billion. And I'm telling you right now
that if you learn how to invest in one lifetime, you can learn how to take a
small bit of money and turn it into something really impressive. People are
doing it everywhere. I started with a handful of a few thousand bucks and
turned it into 1.6 million dollars in 4 and a half years. By the
time I was 26, I really did walk on my job and I've never had a corporate job
since. That's because I got an education and investing. And well I couldn't get it
in school, you might be getting it here through YouTube or you actually might
pick me up as a mentor or a coach or join someone's program where you can say,
"Teach me the fundamental principles of investing." Now, part of this means math.
Basic math but math. Numbers, percentages. Should you learn that. I don't care who
you are, I don't care whether you think you're horrible at math. You need to
learn the language of business if you want to be in it. And if you want to
create all that wealth, you got to figure out this education here on good
investments, bad investments. So, that's number 1. Okay, rule number 2. No one's
going to really like me for this one but I think you should know it. Number 2 is
don't invest in typical retirement accounts. 401ks, IRAs, stock market, mutual
funds, S&P. The world has trained us not to be people but sheeple.
Which means we gather up all of our hard-earned money and what little left
we have, we give to someone else so that we can be seduced by a 401k match. Now,
that 401k match is real money but not really. Because you don't actually ever
get to see it for like how many decades. Robbed. If you learn how to invest then
one of the principles you learn is you need to make your money work for you
when? That's what it is. It's putting it to work and it needs to work for you now.
Now, these investments 401ks, IRAs, things the financial planners tell you you
should do. The reality is if these are investments, they suck. One, they
don't pay you. And 2, when they do pay you, they pay you in tiddlywinks. They don't
pay you a whole lot of squat. Because they're too busy earning 3, 4, 5
percent on average. Even the SP that's close to 10% almost barely meets
my criteria for this. Listen, if you start with the thousand dollars and you're
trying to make 5%, you're not going to double that for a
very long period of time. And remember, you only got forty working years which
means you got to get into a real game of investing. Not risking it all, flushing it
away on stupid investments, learning how to invest that money and making it work
for you. There's a science to that. And there's an art and you need to learn
that science and that art. Do not take your excess money and put it in these.
Again, it's not a popular thing to say. But I'll tell you why I do say. I'm a
still young man. I've spent a lot of my time with people that are way older than
me than men following society's gameplan. "Go to college, get a degree. Feel like
you're smart. Work for somebody else." And at the end of the day, after saving
and scrimping in 401k and IRA and house pay are offering. there's nothing really
left over. There's a few years worth of money for retirement. And then it's back
into the workforce. When you don't want to be working, when you may not be
marketable. So, I don't believe in doing things that are broken. I don't believe
in doing things that can't get you where you want to go. Here's all I'm inviting
you to do. Do the math and if the math doesn't add up,
then don't participate. Number 3. You can learn this from any of the Great's
that have made billions of dollars. They'll tell you that the most important
person that you pay in all of your bills, it's not your mortgage. It's not your
house, it's not your car, it's not your phone. You have to pay someone else. And
that person to pay is yourself. This is a rule. Pay yourself first.
I pay $100,000 to sit in this week-long financial retreat last year. I'm going to
begin in a couple of weeks. And I'm sitting there with 6 billionaires in the
room arguing about what is the best thing to do with your money. And they
argue but there is one thing they all agree on. You have to pay yourself first.
You're the most important bill. You're the most intelligent functioning
part of your entire financial system. And paying yourself first means this.
You need to budget yourself to a point where 20% of your income can get paid to
you. And guess what you do with that money. You don't put it here, you put it
where? You put it here. You learn how to invest. You diversify and you get into
assets that have higher ROI than these so you actually got a shot of
financially getting where you want to go. Rule number 4. This is what every one
of these billionaires shares in common. Invest in real estate. Dale Carnegie, 90%
of all millionaires made it where? In real estate. That should tell you
something. I mean, the reality is we're doing stupid things with their money but
there are people out there that have already paved the way, they've shown the
way. And the only reason why I am where I am is because I just backed up and when
I was told I was too stupid to become a doctor in college. I said, "Okay. I might be
too stupid for chemistry. But I'm not too stupid for street smarts and common
sense." And you know what common sense really tells me? It tells me that if I
want to live a financially abundant life, then I should learn from those
individuals that already have an abundant prosperous life. A thousand
times over. We are taking advice from the wrong people. You're taking advice from
parents, friends, neighbors, church people, individuals that are trying to tell you
what to do with their money. But their results don't add up. They actually don't
have what you want. Which means you've got to start playing life by different
set of rules. It might make you feel like you're on a
different track. You might lose respect from some people that just want you to
follow their broken plan that is not getting them where they want to go. This
my friends. I'm going to tell you right now, by 26, being worth 1.6 million in real
estate. Today, buying tens and tens of millions of dollars worth of real estate
and what it's doing without picking up a penny of debt. I'm going to tell you right
now that real estate of all of my investments is the one that makes more
sense. The only other thing that I really predominantly invest heavily in is
business. And it's often my business. Sometimes it's other people's business.
But this is my foundation investment. So, learn to invest. Don't invest in what's
broken. Pay yourself before you pay your bills and put some of that money in real
estate where it can grow for you. Because when we talk about doubling your money,
in real estate, I double my money every 5 years. And that means every 10
years, I quadruple it. And it means after that it continues multiplying it. And it
means by the time I'm all old and gray going to leave this earth,
means I've got a legacy. I've got a social footprint in my charitable
organizations and my giving and the things that I'm doing that are changing
this planet. I got a plan of what I started doing in my 20s. The question is
what are you gonna do in your 20s. These are four rules that you need to follow.
Now, lastly. I will say that if you're saying, "Alright Kris, I can learn this. I
can avoid this. I'm going to do this and I want this." Then I want you to click the
link below and get with a member of my team and say, "Hey, here I'm at. I'm young
and I want this money to compound over the rest of my life and become something
massive instead of playing small." You can start too late in life. But if you're
watching this video, it is not too late for you especially with what I and my
team can teach you. In fact, it just got a truckload of books in. And what I do with
my books is I give them away to people for free that are earnest seekers trying
to figure out how to figure out the game of financial life. And if you're ready
for that, I want you to click the link below. You'll not only get a chance to
talk to a member of my team but you also have a chance to get my book entirely
for free and it will give you the winning game plan. And the rest of the
formula that can help you in your 20s. Not just be a good investor but
set yourself up for life.