thealexanderkidd
Alexander Kidd
10Following17.8KFollowers138.4KLikes
Teaching you what they don’t in school 🏘 Real Estate 📈 Business 💰 Money
Videos
Liked
All the older, wealthy people have one thing in common that makes them wealthy: they diversified their investments. It doesn’t matter if you are talking about Elon Musk, Bill Gates, or Jeff Bezos, they all have a diverse portfolio.
Bill Gates has money in farmland, he has money in seeds, and he has money in the stock market. And that’s the game - to be diversified. It allows you to make errors and if you spread it out good enough, it can save you.
#diversifyyourinvestments #investing #wealthmindset
#wealthy #investments #moneytok
#entrepreneur #economy #finance
Bill Gates has money in farmland, he has money in seeds, and he has money in the stock market. And that’s the game - to be diversified. It allows you to make errors and if you spread it out good enough, it can save you.
#diversifyyourinvestments #investing #wealthmindset
#wealthy #investments #moneytok
#entrepreneur #economy #finance
I think recessions are the best time to start a business. When the economy is good, everybody has a business - because it’s easy. The economy is up, everybody’s spending, so business comes easy. In a recession, its tougher but you have the power to negotiate better deals. For example, instead of paying $5000 for this space, you can negotiate to spend $2500 on the space. And if you start a business in bad times, you will be poised when good times come. You’ll be ready to take on all the business when it gets good.
#r#recession s#successfulbusiness f#financialcrisis b#businesstiktok b#businessmoney t#thinkoutsidethebox e#entrepreneur b#businesstiktok s#smallbusiness
#r#recession s#successfulbusiness f#financialcrisis b#businesstiktok b#businessmoney t#thinkoutsidethebox e#entrepreneur b#businesstiktok s#smallbusiness
The stock market is driven by sentiment. The performance of stocks are not generally related to the performance of the company. Of course, there’s factors like future outlook, hype, social sentiment. All of these play, a factor for sure, but take a look at the stock market. It’s doing a bounce right now, but will eventually drop back down. It’s based on the sentiment and not actual reality.
##stocks ##stockmarket ##investing ##moneytok ##Tesla ##shareprice ##economy ##finance ##fintok
##stocks ##stockmarket ##investing ##moneytok ##Tesla ##shareprice ##economy ##finance ##fintok
We went from being a strong nation to a weak nation. This is the collapse of the American Empire. I remember when they started doing last place trophies, and setting people up to “feel good all the time” or “ you can never be offended”
Your heart is going to be broken, people are going to die, bad things are going to happen. You have to learn to deal with these experiences. They help you grow as a human being that can handle the challenges of this world. How are we supposed to make it out as a great society? We can’t. We’re killing ourselves internally.
##american ##lastplacetrophy ##americansociety #p#participationtrophygeneration p#participationtrophy w#weakmen c#collapseofamerica f#fallofamerica s#softgeneration
Your heart is going to be broken, people are going to die, bad things are going to happen. You have to learn to deal with these experiences. They help you grow as a human being that can handle the challenges of this world. How are we supposed to make it out as a great society? We can’t. We’re killing ourselves internally.
##american ##lastplacetrophy ##americansociety #p#participationtrophygeneration p#participationtrophy w#weakmen c#collapseofamerica f#fallofamerica s#softgeneration
I was talking with @Peter Schiff about how Iraq struck a deal to sell oil in RMB. He said that was really a slap in the face to the US because we liberated Iraq and now they’re saying thanks but we don’t want to use the dollar anymore.
When you look at 3rd world countries like Lebanon, they have massive inflation and they use the USD. Peter explained that the countries that don’t use their local currency, use the US dollar but that is going to change. Everyone will eventually use gold because of the store of value gold has, and how we can faciliate transactions through the internet. We can use it on the blockchain, and wouldn’t need banks for checking accounts. Only to faciliate transactions in gold & to pay interest on depositor’s savings. But we won’t need banks for payments.
#inflation #gold #preciousmetals
#investing #investingtips #currencycrisis
#economy #finance #fintok
When you look at 3rd world countries like Lebanon, they have massive inflation and they use the USD. Peter explained that the countries that don’t use their local currency, use the US dollar but that is going to change. Everyone will eventually use gold because of the store of value gold has, and how we can faciliate transactions through the internet. We can use it on the blockchain, and wouldn’t need banks for checking accounts. Only to faciliate transactions in gold & to pay interest on depositor’s savings. But we won’t need banks for payments.
#inflation #gold #preciousmetals
#investing #investingtips #currencycrisis
#economy #finance #fintok
Gold and silver are on their way up. The economic downturn is going to shift money into precious metals. Now is a good time to buy - the last 10 years have actually been a buying opportunity. Silver is historically low but due for a huge punch. So I would say, split between both gold and silver, but silver could be the real winner.
#gold #silver #dollarcrisis
#preciousmetals #stocks #investingtips
#entrepreneur #bitcoin #finance
#gold #silver #dollarcrisis
#preciousmetals #stocks #investingtips
#entrepreneur #bitcoin #finance
@Peter Schiff explains how in this economy, it’s very expensive to own a home. The cost to repair the house is going up. The cost to ensure the property is going up. And most likely, property taxes are going to go up. There’s a lot of expenses.
I asked about being a winner in inflation and he said in order to protect myself from inflation, you could buy some gold, silver, precious metals. But in general, wealthier people with a lot of assets are getting richer, because inflation helps them.
##realassets ##mortgages ##realestate ##propertytax ##inflation ##preciousmetals ##economy ##finance ##fintok
I asked about being a winner in inflation and he said in order to protect myself from inflation, you could buy some gold, silver, precious metals. But in general, wealthier people with a lot of assets are getting richer, because inflation helps them.
##realassets ##mortgages ##realestate ##propertytax ##inflation ##preciousmetals ##economy ##finance ##fintok
You don’t want to play the up-and-down game with investing. Diversify your portfolio – put a little bit into crypto, real estate, precious metals, stock market.
There’s no way for all of these to be bad at once. If you diversify, you have the option to take out money when one asset is up. You can also reinvest money by taking the profits from an up asset, and buying more shares of a down asset, for a cheaper price.
#investing #investments #stockmarket
#investingtips #preciousmetals #cryptocurrency
#realestate #realassets #diversify
There’s no way for all of these to be bad at once. If you diversify, you have the option to take out money when one asset is up. You can also reinvest money by taking the profits from an up asset, and buying more shares of a down asset, for a cheaper price.
#investing #investments #stockmarket
#investingtips #preciousmetals #cryptocurrency
#realestate #realassets #diversify
I got a chance to discuss AI with @Peter Schiff and we talked about how artificial intelligence is another tool.
I asked if we can use AI to make the right decision and get rid of the Fed because it knows exactly what we need to do. Peter explained that we don’t need the federal reserve to begin with. The government is the most incompetent.
In the entertainment industry, think about all of the resources you need to create a movie. The production, the budget, the cast. It’s all very costly. But soon, ai will be able to create all of that instantaneously - for nothing. And this is good stuff.
Take digging for example. If you don’t have a tool, you use your hands. But when you have a shovel, you don’t have to dig with your hands. But then you have a bulldozer, so you don’t have to use the shovel. AI is the exact same. It will reduce the need for labor and increase our standard of living.
#fe#federalreserve i#ai r#aritificialintelligence e#fed o#government i#financialcrisis c#economy i#finance i#fintok
I asked if we can use AI to make the right decision and get rid of the Fed because it knows exactly what we need to do. Peter explained that we don’t need the federal reserve to begin with. The government is the most incompetent.
In the entertainment industry, think about all of the resources you need to create a movie. The production, the budget, the cast. It’s all very costly. But soon, ai will be able to create all of that instantaneously - for nothing. And this is good stuff.
Take digging for example. If you don’t have a tool, you use your hands. But when you have a shovel, you don’t have to dig with your hands. But then you have a bulldozer, so you don’t have to use the shovel. AI is the exact same. It will reduce the need for labor and increase our standard of living.
#fe#federalreserve i#ai r#aritificialintelligence e#fed o#government i#financialcrisis c#economy i#finance i#fintok
The IMF is saying the US is at 4% inflation but next year it will drop to 3.5%. They say turkey is at 55% in Argentina is at 99% inflation but other accounts say otherwise. They have turkey at 85% inflation at Argentina at 105%. How can we have these discrepancies? We have way more than 4.5% inflation. @Peter Schiff explains the IMF is simply making a guess. He said they’re incentivized to guess low. They have no idea what inflation is going to be next year, they’re just picking the lowest number out of a hat.
##inflation ##interestrates ##worldeconomy ##IMF ##financialcrisis ##econtok ##economy ##finance ##fintok
##inflation ##interestrates ##worldeconomy ##IMF ##financialcrisis ##econtok ##economy ##finance ##fintok
75% of the world’s money supply was generated in the last 10 years. To me, that means gold needs to go up. Even central governments are buying gold. 3rd world countries are buying gold too. I asked @Peter Schiff if there’s anything happening in the background and he explained how its just a matter of time before it catches up. I think we’re going to see another huge run with gold.
#moneysupply #gold #preciousmetals
#centralgovernment #worldeconomy #investing
#economy #finance #fintok
#moneysupply #gold #preciousmetals
#centralgovernment #worldeconomy #investing
#economy #finance #fintok
Had a chance to talk with @Peter Schiff and asked him about inflation. Why is inflation bad? If your salary rises as inflation does, doesn’t everything stay the same? Peter explained how most people don’t see salary raises fast enough, which means that as inflation rises, so do the prices of goods, which results in us always chasing those prices. We’re always behind the curve.
##inflation ##costofliving ##salaryincreases ##econtok ##labor ##recession ##economy ##finance ##fintok
##inflation ##costofliving ##salaryincreases ##econtok ##labor ##recession ##economy ##finance ##fintok
Wealth doesn’t disappear – it just shifts around. If someone loses all of their assets, the wealth doesn’t disappear. It just moves on to the next person. Right now, the wealth distribution is a completely lopsided. It used to be 80% of people holding all of the wealth, but now, only 20% of people hold the wealth. Things have to change.
#w#wealth r#realassets d#distributionofwealth #f#finance f#fintok w#wealthdistribution
#e#economy w#wealthmindset m#moneytok
#w#wealth r#realassets d#distributionofwealth #f#finance f#fintok w#wealthdistribution
#e#economy w#wealthmindset m#moneytok
Tetris originated from Russia. In the 80s, Alexey Pajitnov coded Tetris with on a conputer that didn’t even have a graphics card so it was just numbers. After Russia found out, the government took ownership of the game. Now in Europe, there’s a guy names Robert Stein. He was a game connoisseur. He would go to Russia and look for games. After he discovered Tetris in Russia, he bought the license for it and brought it back to Europe. After that, he meets Henk Rogers, who bought the rights to Tetris for arcade, PC, and Console. Alexey then takes this to Nintendo and Nintendo loves it. They end up buying the game from him and Nintendo owns Tetris for Japan. Nintendo told him to take Tetris to the United States. After he ends up in America, they show him the GameBoy. That’s when he realized he was missing the rights for portable gaming. He ends up going back to Robert to buy portable gaming but Robert realizes that the Russians screwed him and didn’t give him portable gaming. He ends up going back to Russia because he wants to renegotiate the deal and get everything. But Henk Rogers becomes impatient and also flies to Russia only to realize that Robert sold him counterfeit rights. At that moment, he asked the Russians for all the rights, including portable gaming, and that’s how Nintendo got the rights to Tetris worldwide.
#ga#gaming a#gamer e#tetris e#henkrogers a#gameboy e#tetrismovie i#nintendo a#tarongerton i#videogamemovie
#ga#gaming a#gamer e#tetris e#henkrogers a#gameboy e#tetrismovie i#nintendo a#tarongerton i#videogamemovie
Gameplan your life and extrapolate. You need to not only figure out your end goal, but also think of as many alternatives as you can to prepare for roadblocks. Because there will be more roadblocks than you think. When you come up with extra options, you are able to pivot and continue using momentum to be successful. Everybody thinks of the glory and the fame, but nobody thinks of the failures.
##successmindset ##successmotivation ##goalsetting ##wealth ##wealthmindset ##extrapolation
##entrepreneur ##successtok ##winnersmentality
##successmindset ##successmotivation ##goalsetting ##wealth ##wealthmindset ##extrapolation
##entrepreneur ##successtok ##winnersmentality
Inflation has a domino effect. Everybody’s losing their jobs, which means they won’t be able to afford rent. That’s going to cause a lot of foreclosures which is going to leave a lot of vacant houses in the market. Because there’s an excess of inventory, sellers are going to drop their prices & the FED is going to back off on raising rates. That will cause inflation to come back even worse down the line.
##inflation ##realestate ##foreclosures ##commercialrealestate ##federalreserve ##interestrates ##economy ##finance ##fintok
##inflation ##realestate ##foreclosures ##commercialrealestate ##federalreserve ##interestrates ##economy ##finance ##fintok