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millionaireboysclub2
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Profile
 
Name:
David
Channel Views:
1,459
Total Upload Views:
0
Joined:
Apr 17, 2009
Latest Activity:
5 months ago
Subscribers:
3
About Me:
 
Investment Banking, Hedge Fund Investments, High Risk Speculation, Private Equity Partnerships, and LBO`s (Leveraged Acquisitions/BuyOuts)

I prefer to get paid working for myself than I would working for someone else. I`m my own boss. I`m in control. The only practical way to truly be successful on a monetary basis is to pave your own way i.e. start your own business. Although it`s possible to acquire one million dollars by working for someone else and saving it over a period of many years you`ll never be a multi-millionaire unless you`re doing your own thing.
If you take one penny and double it for thirty days you`ll accrue just over one million dollars. Such is the power of "compound interest". So what`s the difference between the rich and middle class/poor? The rich invest what resources they own to increase their wealth (they invest money to make more money). While everyone else works for the rich to spend their money on expenditures.
The middle class/poor money goes out and gets used up, while the rich sends money out to bring more money in (compounding money on top of money). The rich does not spend money on expenditures until their assets exceed their expenses, while the middle class/poor spends money on expenditures before their assets is made/earned/counted (over time their expenses exceed their income/assets).
The difference between the rich and everyone else is "the rich handle`s money with a conversely different attitude than everyone else". And is why they get richer as everyone else gets poorer. When you use what money you have to make more money your wealth increases (you get richer). When you spend what money you have on expenses your wealth decreases as your expenses increase (you get poorer).
Country:
United States
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millionaireboysclub2 liked a video (5 months ago)
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The Princes are searching for love in all the wrong places. The night starts with an accidental visit to the strip club and ends with a run in with...   more
 
 
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At $1,800 a round, will Wil be able to hit his mark with precision?

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Channel Comments
bridgeboy513 (1 year ago)
Hey  it me no one famous but you choose a great flick TY
savingandinvesting (2 years ago)
Thank you for the comment and thanks for subscribing! Very best regards, Michael.
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