Do you want invest in real estate versus the stock market but you're so unsure,
you know? Bear market, bull market, fix and flip, wholesale, all this stuff. So much to
know. Well, I'm going to break it down for you. Let's go.
I'm going to share with you the real way to make money in the stock market. Number
2, I'm going to share with you some awesome ways to get started in real
estate investing that don't cost very much money so that you can start
investing and make money if you so choose. And then last but not least, I'm
going to share with you the things that are working now in this economy so you know
which one is the best for you. So, let's get into it. We first have to start with
the stock market because everybody already knows the stock market, it's
pretty easy to get started in the stock market being honest with you so let's
kind of go through it. So, the stock market is basically the place where you
can go and you as a regular person can own and invest in businesses, okay?
Publicly traded businesses, corporations. Mostly big corporations because if you
are one the stock exchange where anybody can just go buy the stock
to your business, then usually you have a very large corporation, okay? And so, when
you go to the stock market, you can either invest individually into
companies and buy their stock. For example, I own different company
stocks. I won't say here. But I do. I invest in a stock market and I make sure
to invest in big corporations. And the way that I make money is as the company
is more profitable, their stock price goes up. And either I can sell that stock
and then make the difference or they can pay me dividends, alright? That's how most
people invest in the stock market. And that is how you can make money in the
stock market. But let's kind of go back. Before you ever invest in the stock
market, you're going to need (1) a brokerage account. So, because you can't
just go by Wells Fargo or Bank of America. I'm just going to make up you
know some companies. You can't just go buy their stock. You can't just like go
into the Wells Fargo Bank and say, "Hey, give me some of your stock." You have to
buy their stock through in exchange. And so, you're going to need a brokerage account.
And so, you're going to need what? Money.
[Laughs]
You're going to need some money to invest
in the stock market. So, you may have $1,000 or 2,000 or
10,000 or whatever your number is. You have that money, you open up a brokerage
account and then the brokerage account you buy stocks. So, you can buy 1 share,
2 shares, 10 shares. However many you can afford you
buy, alright? Or you can buy mutual funds? You know stocks that are all bolt
together usually of a similar kind or they're diversified in some way. And as
that portfolio goes up, you can make money when you sell it or they can
pay you dividends, same thing. So again, to get started in the stock market, you're
probably going to need a brokerage account and you're going to need a little bit of
money. Again, I invest in the stock market but I'm going to tell you the real key what
you really want to be doing. So, the real thing that I love because of course, I do
invest in the stock market. But the thing that I love and you guys know from
watching my channel is I love investing in real estate. And I'm going to tell you
why. The reason why I ( you know, again,) prefer real estate as well as the stock
market is because real estate offers so many different advantages. One advantage
is passive income. Okay? So, when we're talking about being wealthy, changing our
status, making sure that we don't have to work a job, making sure that money is
coming in regardless of what we do, we're going to want passive income, okay? Now,
you can get passive income through a pension.
[Laughs]
You know, you may work at
a job for 20, 30, 40 years and then they send you money each month. But
for the most part, that's probably off the table for most of us. I know that was
off the table for me. As many of you guys already know, I worked a corporate job
for many, many years. Actually did pretty well. Got into management and leadership
and made a lot of money. But at the same time, I did not have passive income from
my job. I had to go to the job in order to get a paycheck. And if they ever
decided to lay me off or fire me or whatever it is or downsize or relocate
me, I was at their mercy. So, in order to free myself and to become the person
that you guys are seeing now, I had to leave my job. And in order to leave my
job, I need a what? Money. But more important than money because that's not
really what you need. You really need passive income. You need money to come in
every single month so that you can live your life. And more importantly, you need
more money coming in than going out. Pretty simple, right? So, basically when I
decided to quit my job, I was like, "Okay, all I need to do is you
to replace my income and then I can quit my job and I can have my free time." So, I
was able to do that with real estate in just a matter of a few years. And
again, I started from BROKE, okay? Broke, broke. Literally in my parents
basemen,t bankrupt, foreclosure, no money, nothing. I started investing in real
estate. I started getting some money. Got started getting some properties. And then
more importantly, I started getting passive income. And then all of a sudden,
I was able to get some rental properties (because this is what I'm talking about,
some rental properties) that provided me a really good income and then I was able
to quit my job. And that is what the key to all of this is. Because most of us are
working a job, we don't want to work. So, this is why I'm going to tell you real
estate is awesome. But let me give you a little bit more. So, real estate investing,
one of the reasons that was so awesome for me is because like I said, I started
with a bad credit. I started with no money. I started with the foreclosures. I
started from the bottom. And like I said, I was able to make money pretty easily.
Like within the first couple of months of doing this, I was able to start
getting checks a $5,000 and more. Then once I was... My coach taught me
about strategic deal compounding, okay? Sorry, I know that's a term some of you
don't know. But it was basically where I would take the money from that deal and
then do another deal. So, it's a fancy word for saying I took my money and did
you know more deals with it and made more money. And so, in a really short
amount of time, I was able to go from wholesaling strictly and working a job
full-time to not working at all. To having a million-dollar lifestyle to not
having to work. To have money coming in without me having to do anything, okay?
And this is what you need to decide. What do you want? Do you want to continue
working your job and just kind of have some money on the side? Because if that's
the case, you really can invest in the stock market and accomplish some of
these goals. But if you're like me and you were looking to be free where you
had your time to yourself and you have money to do the things that you wanted
to do. And like me, a mom of 5, I just wanted to be home with my kids when I
want it to be, okay? And that's what I want it for myself.
And so, the real-estate investing was definitely the perfect thing for me. And
depending on your goal, it could work for you too. So, once you've decided on your
goal, okay? First, you've assessed your
situation. Are you like me? Did you have a few dollars to go ahead and invest in
the stock market and trust companies that are essentially already doing well
for the most part, okay? You can easily pick through the winners on the stock
market. And you can get some money. You can buy stocks and then as the stock
goes up, you can sell then. You literally could even get into what's called day
trading where you just trade stock all day long. Now, I'm warning you, I literally
tried this and it did not really work that well for me. Now, real estate
investing did. And I'm going to tell you why. It didn't require a lot of money, okay?
Real estate investing did not require a lot of money for me. There was a lot of
avenues available where I could partner with people, where I could borrow the
money, where I could make money and then reinvest the money and pay down my
credit. You know and it fix my own credit. So for me, real estate investing checked
a lot of the boxes. And that's what you're going to have to decide for you
because both of them are good investing strategies. It's really just going to come
down which one works for you, what's your situation and then what are your goals.
Do you have money? Do you want to keep working your job? Do you want just some
extra income? And the stock market may be wonderful for you. Or are you someone
that wants to quit your job? Do you want your free time and do you want to work a
business that then can provide you passive income? That really
depends on you. So, once you kind of make those decisions and you assess yourself,
then you'll be able to know which one's best for you. You know which one I have
my vote on, though. Okay. So now, you've heard all of the different reasons.
You've been able to assess your own situation. I'm going to go ahead and
ask you at this time to go ahead and like this video. Subscribe to my channel.
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watch all the videos in this playlist and I'll see you next time.
To your success.