Uploads from Mike Wilson | RecycleYourMoney

Currently Playing: Buy, Borrow, Die: How to Get Rich Starting With $5,000

Everything I’ve built to help you level up financially is now in one place 👇 http://bit.ly/3J9KC3V -- Private Discord👇 https://whop.com/recycleyourmoney/recycleyourmoney-discord -- Join Robinhood for your FREE Stock by clicking the link below!👇 https://join.robinhood.com/michaew2331 -- This is the Buy, Borrow, Die Masterclass that you have been waiting for. Everyone talks about Buy, Borrow, Die - and then make it sound like it's for the wealthy. That's not true. This is actually how you can become wealthy. -- 00:00 Start here 00:48 The spread 01:08 The lazy paycheck 02:34 The wealthy paycheck — same $4,000 per month 05:09 Why I'll never have an emergency fund 07:00 Cash is the riskiest thing you own 09:38 Why the S&P 500 isn't the best benchmark 11:20 Never borrow at all-time highs 15:25 Turning $5,000 into a real portfolio 17:45 Not all debt is bad debt 19:00 $800,000 of debt, inflated away 21:10 Dividends are a bucket with a hole in it 22:30 Do *NOT* Skip this part 25:03 Why growth is king 27:00 Income funds sell your shares at the bottom 29:11 The 4 ways people blow this up 30:00 Is it okay to sell? 31:47 Die — the part nobody explains 34:50 The action plan (screenshot this) 36:00 The wealthy aren't smarter than you Disclaimer: This video is for educational and entertainment purposes only. Nothing discussed should be considered financial, tax, or investment advice. Always do your own research or consult a licensed professional before making financial decisions.