Hey everyone, welcome back to another video.
In today's video, I'm going to be sharing with you guys
why I don't invest in the stock market,
specifically short and mid term investments.
Then I'll show you how and where I consistently make
better returns in the stock market.
And then lastly, I'll show you real examples with numbers
on charts showing you the earnings potentials
of the different routes I talk about in this video.
Oh, and also, I'll take the camera around with me,
set up in a couple spots around the house
to show you my new house.
Let me know what you guys think.
Now, before we get into this video,
I wanna make sure that I say that I am not against investing
in the stock market.
I totally understand what Einstein said
that compound interest is the eighth wonder of the world.
I personally do long term investing in the stock market.
This is retirement style savings in a Roth IRA,
so I am not against that at all.
So there's six reasons that I personally don't invest
in the stock market for the short or midterm.
Number one, when I'm invested in the stock market,
I'm always checking the market.
This is going to give you a little bit of anxiety
or a little bit of stress that just lingers all the time.
Number two, how much you can make in the stock market
is related to how much you can invest in the stock market.
So if you're just putting small amounts
of money in the market,
the chances of you making life changing income from that
is really not likely.
Number three, the stock market is not something
that you can control.
You yourself are not going to be able to influence
how well a company performs,
and therefore, how well your stock is doing.
Number four, for most people out there,
when the market goes up or down,
your mood is going to follow.
Number five, this is going to affect your significant other.
No matter who you are,
if you are heavily invested in the market,
when it goes down, it is going to show on you,
and therefore, it's going to translate over
to your significant other or people
that you spend a lot of time with.
And lastly, number six,
if you're invested in the stock market,
it's not a physical thing.
When I'm invested in something, time, energy, money,
I want that to be a physical thing that I own
or I can be proud of for building.
Investing in the stock market doesn't check that box for me.
Now, all of these are just my personal experience
and my personal opinion.
However, now let me share with you how I consistently get
better returns in the stock market
with things that I can control.
So if you're not going to invest in the stock market,
short or midterm, what is the better alternative?
Well, I'm happy to share that with you.
In my experience, and I've been doing this for years,
investing time and money into online businesses
is far better of a reward in a shorter amount of time.
Now, if you've seen any of the other videos on my channel,
you'll know that I am a very straight shooter
when it comes to how to make money online,
and what online businesses are, and how to do them.
So I'll be straightforward and tell you that you can start
an online business totally for free.
You don't have to spend a single dollar,
you don't have to go out
and start a business entity to do this.
You can do this without a preexisting skillset.
I taught a 74-year old how to do
one of the businesses that I do,
and he was able to do every step of the process
for the whole business on his iPad.
Now, without going into too much detail in this video,
I wanna make sure that I give you enough information
that you've gotten something from this video
and you actually learned something about online business.
So there are a lot of different online business,
business models that you could choose from.
There are certain ones that I highly recommend.
Two of my favorites have always been print on-demand
and affiliate marketing.
They're both beginner-friendly.
You can do both of them totally for free.
And I have full tutorials on the channel.
Now, I know that sounds like a plug for this channel
to watch other videos, but I'm really just trying
to save you a lot of time
and get straight to the important information
without any fluff or distracting you.
Now, no matter what online business
you ultimately choose to do,
there are four things that are really good about this
compared to investing in the stock market.
The four things are this.
One, you have full control over that business.
This is a blessing and a curse.
However, at least this gives you the ability to control
your investment rather than in the stock market.
Secondly, you can choose what type
of business model you are doing.
The ones that I recommend, the ones that I personally do,
are more passive style business models,
where you don't have to be actively glued to your computer
to run that business.
When I was first starting out, I had a part-time job
and when I wasn't at that job,
I was building these passive style businesses.
So then when I went back into work,
those businesses were running in the background
until ultimately, they were making more money than the job
and I was able to quit the job,
and start working on them full-time.
Third is you're not limited on how much money you can make,
so it's ultimately just up to how much time
you're willing to invest in the business
for how much money you can make.
Now, going off of that is the last one, number four,
this is that if you start an online business,
you have the potential to make so much more money
than investing in the stock market.
Over the last couple of years,
I've made a couple million dollars
in profit from online businesses.
I'm happy to show you how I've done that.
In fact, it's in the videos on the channel.
I don't hide anything from you guys.
Now, this video isn't just about starting an online business
instead of investing in the stock market.
Starting an online business is simply the first step
of the process in order to build up
your amount of cash that you can invest.
Now, the second part of the process
is where you invest that cash.
Now, investing directly into the stock market
will likely give you those 10% returns per year.
However, it's risky.
The stock market can go down just as easily as it can go up.
So my alternative, after you've built up your amount of cash
that you can invest is to invest that
into a high yield online savings account.
Now, if you haven't heard of these before,
it's essentially a savings account from an online bank
rather than a Wells Fargo or Bank of America.
And because that bank is online,
they can offer you a higher interest rate.
Now, the reason that I recommend investing your money here
instead of directly into the stock market
is because you're going to get a guaranteed return.
Since this is just a savings account
and it's not investing in the stock market,
you don't have to worry about market fluctuation.
The average interest rate on these savings accounts
does fluctuate from time to time,
but generally it stays between three and 5% per year.
Considering that there's no risk to investing this this way,
that is a really good return.
So now let's go compare
all of these different routes side by side,
so you can see what your earnings potential is over time.
Okay, so this is where it starts to get really cool.
So let me show you each of these different options
played out over a long period of time.
So let's say you initially invest $10,000
into the stock market and you do this one time,
and let's say that you're going to do this at age 20
and you wait until you are 65 years old or roughly retired.
That's going to give you 45 years
of being invested in the stock market.
Now, historically, the stock market is going to return
about 10% interest every year.
Let's have a look at how much money
you would have in 45 years.
Now, the compound interest in this
really starts to take off towards the end.
That's why investing in the stock market long term
is the way to do it.
So at the end of this,
you would've $728,000 in your account.
Now let's have a look at the second option.
This is the option that I personally recommend,
and this is, let's say, that you're 20 years old
and you spend five years of your life
trying to start an online business
and your earnings potential is $2 million in profit.
Now, I know a lot of you guys are gonna say, "Yeah, right?
Your numbers are going to be so skewed,
because you're saying $2 million in profit in five years."
I can say from experience,
I am not special in online business.
I've just worked really hard to figure out how to do it,
and you can absolutely make $2 million in profit
in five years time,
especially considering how many tutorials
are out there totally for free on YouTube
by myself and other people,
everything you need to make that kind of money
in an online business is already out there,
and you don't have to pay for a course.
So bear with me on these numbers
and you'll see why I recommend spending five years
to try to earn something like $2 million.
So if we take our initial investment of now $2 million
and since we spent five years to make this,
our investment time is now only going to be 40 years
instead of 45.
And if we are investing it
in a high yield online savings account
rather than investing it in the stock market,
we're roughly going to get 3 to 5%.
So I'm going to put this at just 4% interest
and let's have a look at what these numbers produce
by the time you're 65 years old.
Now, these are the numbers that I'm talking about.
Rather than $700,000, we're talking about nearly $10 million
all by just taking five years and working hard
to try to get a lump sum of money to invest
into a safer route than the stock market.
Now, I don't wanna pretend that everyone's going to make
$2 million in five years from doing this,
but even if that happens over 10 years,
your numbers are still going to be astronomical.
Now, there's one more example that I wanna show you,
and this is for the riskier people out there
or those who really wanna make some crazy money.
The way that this one works is spending those five years
making $2 million in profit from an online business
and then investing that $2 million
into the overall stock market.
What this is going to do is give you the earnings
of the full 10% instead of the 4% I just showed you.
So let me show you how big these numbers get.
You invest $2 million, you're going to do this for 40 years,
and you're going to get the full 10% in interest.
Let's have a look at what this number is.
Now, we're talking about nearly $100 million.
This is wildly different than the $700,000
that we just talked about before.
So my takeaway from this video is if you can just spend
a couple years trying to make a lot of cash upfront
from an online business,
and take that cash to invest
rather than just the smaller amount
that you might have on hand right now,
you can make some really serious money
compared to if you didn't try an online business.
Guys, I hope this video has been helpful.
I really just wanted to show you a new perspective
or a new alternative than just investing
in the stock market.
And hopefully, you got some value from this video.
If you have any questions at all,
let me know down any comments.
I'd be happy to help you guys out.
And again, I really hope you guys enjoyed this video.
So that's all for today.
I will see you all in the next video.