Motivation Daily by Motiversity - It’s Happening Now But People Don’t See It - You've Been TRAINED To Be BROKE (Eye Opening)

Episode Date: August 19, 2024

This is how you've been TRAINED to be BROKE! This is the most eye-opening speech on how to actually get rich by the Wallstreet Trapper. Getting rich is easier than you think!Special thanks to Tom Bilyeu. Subscribe to his channel here: https://bit.ly/TomBilyeuChannel “If you don't change your mindset about money, you can't build wealth, and if you can't build wealth then you will constantly stay on the treadmill.” ― Wallstreet TrapperSpeaker: Wallstreet TrapperWebsite: https://www.wallstreettrapper.com/Twitter: https://x.com/wallstreet504 Hosted on Acast. See acast.com/privacy for more information.

Hello listeners. Motivacity is excited to share that we have launched a new podcast called Morning Motivation by Motivore. If you are looking to start your day with positivity and the most uplifting motivational audio, this is the show for you. For today's episode of Motivation Daily by Motivority Podcast, we are sharing a recent episode from the Morning Motivation Podcast. If you like it, go follow the show. New episodes are being released every week.

The link is in the description. Real gangsters are on Wall Street. The wheel gangsters are in the government. And I was like, damn, all this money. And they're not risking their life. Something got to change for me. Something got to change. And so I just started listening to them every day.

And I started comparing it to the streets. A good business is just like a good hustler. A good business has been. great product, they have great clientele. A great hustler has a great product, he has consistent clientele. A good business on the stock market has what's called a moat, a competitive edge that keeps his competitors away. Poverty is lack of information, lack of resources. Money is infinite. They've never stopped printing money. The problem is getting the belief to understand that, getting the belief that you're capable. What stops me is me playing the blame game.

all my life. What stops me is me keep saying, well, I'm black, they white. Well, you're not going to go far doing that. What stops me is saying, I didn't have the opportunities they have. That's going to keep you from going now. If you can get past the bullshit and say, all right, these are real issues, but the biggest issue is the belief of myself. The biggest issue is I need to spend more time reading and researching than partying. I need to spend more time reading and research than chasing women. I need to spend more time reading and research and then, you know, trying to go hang out, being on Netflix all day, playing a game all day. I need to speed more time developing the skill set. As I evolve, as I learn how the game is being played,

as I get exposure to their game, my confidence builds up. Financial trauma now is anchored to who we are. So for me, when I was in prison, when I got exposed to, damn, I'm playing the wrong game. I had to look at the pieces on the board. In my knight, in my bishop, in my rook, My damn show ain't the king. So that means I'm a poem. Poems always get sacrificed. So I'm always being sacrificed. How the hell can I win this game?

Somebody has the solution somewhere. There's too many people out here living the life of their dreams that I'm watching. They know something I don't know. And the only thing that they had was access to a different type of information. So once I went out the information, I now wanted this thing from the mountain. I was like, yo, look at this dope thing I found. Everybody can be a part of it. And then when I showed these people, it was like, that ain't it,

bro. I'm not about to do that. And so I realized how powerful it was for me to one become economically, like, powerful in my mind. Investing in the stock market isn't an IQ game. It's not about being the most brilliant person in the world, right? It's about understanding basic economics. And basic economics is what we know every day.

You understand this. supply demand, right? Supply and demand says that if Michael Jordan drops a shoe, then the line is going to be wrapped around the corner, right? But if you find a way to get that shoe, hold on to that shoe, and then later on, you can now sell that shoe at a top tier price. Everybody won't be able to build a billion dollar business, right? But everybody can invest in one. And that's why I love it, right? So the three things in my wealth pyramid is stocks, business, real estate. I believe you should have all three, right?

But you can get away with two. How are you differentiating between stocks and business? So when I say stocks, it means like me buying shares of a business. Business second is me creating a business and then real estate third. So you think everybody should create a business? No, no, no, no. That's why I say you can get away with two out of the three. Gotcha, got you know what I'm saying?

So everybody doesn't have to create a business because this is not for everybody. But you can see what we do know. is as America evolves, so does business. As business evolves, there are some brilliant people that says, for that business, there's a problem. For that problem, I have the solution. That's a business you like to invest in. Right?

And so if we can invest in the solutions, I always say that. If we invest in the solutions, we cannot help but win. Investing in a solution, okay, making Amazon was a solution to so many things. The key to building wealth is not how much you can work. You can't work your way to wealth. You got to invest your way to. And all wealthy people, black, white, Asian, Chinese, they own a whole bunch of shit. The people who aren't wealthy is because they don't own nothing.

You only have your money sitting in cash. If your money is just sitting in cash, realistically, you're becoming poor every day. And so the idea of ownership was, you know, we can just don't own everything that we, no matter if it's just a stock like that's powerful because if you can start owning the businesses that you now consume every day you turn a one-time transaction to a lifetime of profit and that was major for me because if I go to a store and buy a pair of nikes that's a one-time transaction in order for me to get something from them again I got to come back and buy another pair of nikes but if I own the nikey stock long as I own it it's a profitable um vehicle for me.

So that one-time transaction can become a lifetime of profit if I own that business. And you can build your wealth for me 100% if you're bold enough to bet on the future. If you're bold enough to bet on the future and be patient enough to let it take place, you will win and you will win big. And if we can understand, if we can truly grasp that, that your money is not doing you no justice in the bank. It's not, especially now. It's not doing you no justice in the bank.

Well, because the more they print money, the more your money loses value, right? The more inflation goes up, the more your money loses value. So $100 spent in 2019, that same $100 now takes $109. One lie we've been told is sitting our money in the bank. So that's probably should add that to the equation earlier, right? Putting our money in the bank, thinking that the bank is the safest place to have our money. Right, that's probably the most dangerous place because I always see a dollar that's not moving is a dollar that's losing. right so sit down money in a bank is not the place to be right so what would be how do you make your

money move how you make your money move by making great investments or just investing so i'll give an example for me personally i literally don't have but like 12,000 dollars sitting in the bank all of my money is in the market 90% of it is in the market so i use what's called the v o which is the vanguard index fund for the sput um p 500 i use that as my savings account so every month or every week i'm putting money in that well track What happens when the market is going down? Well, my money wasn't making no money in the savings account anyway. So I'm putting it in there, right?

And then what happens when the market rebounds? We won't be here forever. Talk to people about realized losses versus unrealized losses. Okay. Because I think this really messes. That's good. That's good. That's good. So an unrealized loss is when, let's say, I have $100 or something, and that goes down to $89, right?

Unrealized. If I sold it today, I wouldn't be able to sell it for what I paid for. mm-hmm mm-hmm but it's there so it's okay so so you you buy something at a hundred dollars it goes down to eighty dollars if you don't sell it you have an unrealized loss of twenty dollars mean you didn't sell it your equity just decreased but if you sell it you've realized that loss you've made that loss realistic so you've now essentially lost that twenty dollars right that's a that's a realized loss now realize gain is the complete is the exact opposite

right so if you go up to uh i buy something for a hundred it goes up to 150 unrealized i have a hundred i have fifty dollars in unrealized game so it's there but i didn't sell it it's there realizing it is saying i've cashed out i've cashed out on it think about like you talked about jeff basles right his net word is what a hundred and eighty something billion dollars something like that last time i checked 60 percent of his money was in amazon stop. 60% of it. So this is why you wake up one day and you say, damn, Jeff lost $18 billion. Well, that's unrealized because he didn't cash out. So he didn't lose it. It's still there. Once the stop getting backs up, he recoups all of that. And so that's the dope part about the

market. Yes, it fluctuate. Yes, it goes ups and down, but that's also the most scariest part about the market. Because people who come from lower income, working class environments, the worst thing that can come to their mind is losing money that I bust my butt for. That's what makes the market so scared for them and that confusion keeps them out of the market.