Uploads from Mike Wilson | RecycleYourMoney

Currently Playing: Living Off My $786,626 Margin Portfolio (lifetime Income Revealed)

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 -- In this video, We are going over How much money I have made every year I have worked since 15 years old, how I stopped following conventional finance "wisdom", and how I built a $786,000 stock portfolio in just 5 years. 00:20 - What to Expect 00:36 - Traditional Finance advice keeps you broke 02:03 - Why almost everyone manages money backwards 05:07 - The strategy that changed everything 06:35 - Step-by-step: How to start 09:00 - What if I have multiple debts? 10:57 - What if I don't have any debt? 12:00 - How I built an $800K+ portfolio so fast 13:00 - My actual bank account (yes, really) 14:00 - Why I borrow money to buy Growth ETFs 15:08 - Every dollar I've made in my life 19:28 - How my net worth is the same as my lifetime earnings 20:17 - Why I DON'T chase the highest returns 20:48 - Everything I own 22:53 - The upgrade almost nobody talks about 24:32 - Why I NEVER sell and how I use my growth portfolio for income 26:17 - Where I "Save" my money now 27:10 - The Hybrid/income investing trap 28:03 - The hidden problem with using margin with income investing 30:50 - My new "savings account" earns me 21% returns annually 31:45 - How I turn growth ETFs into income 32:45 - The fastest wealth-building strategy I've found 33:10 - How I averaged 21% per year for 5 years 33:25 - Understanding the cost of an emergency fund 34:38 - **How to get FREE money** 35:50 - How to Recycle your money the right way -- 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.