HOW TO BECOME A MILLIONAIRE
Uploader Comments (mohammedabshaun)
Video Responses
All Comments (41)
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@shaunshaun88 For someone that claims to make 500-1bil a year you seem to spend a lot of time on youtube telling others they don't know what they are talking about. Your time might be better spent keeping your story straight seeing as in other comments you say you make 50-75mil a year.
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@shaunshaun88 The loser mentality is the one that closes their mind to new ideas and believes their way is the only way.
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I'm a huge fan of dividends. Its one of the 2 main topics of my channel. Reinvested dividends is huge over the long term. I agree with you that owning a business can offer bigger and faster returns. Dividends offer passive income which you (and I) are a fan of. You buy stock and the company sends you money over and over again.
I want passive income working along side my active income (business and trading). Active passive income each have their strengths and weaknesses to compliment each other
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@mohammedabshaun go do some research on market risk........there is a risk whereby the share price will drop......and that's where u lose your value.........u sound more like someone who is poor and going around asking people how to be rich.........
Researching and investing into stocks was one of my goals for 2012! Thanx for the vid!!
carmelbrown 1 month ago
@carmelbrown :)
mohammedabshaun 1 month ago
Between you and kinghuman, im gonna be rich! haha...well one day, with a lot of hard work ;-) Appreciate all the hard work you guys do man! Keep it up.
TheDogondone 1 month ago
@TheDogondone you are welcome
mohammedabshaun 1 month ago
I've always used Dividend Reinvestment Programs (DRiPS) when I invest stocks. The 8th wonder of the world is compounding interest, and that is what DRiPs provide. Getting $100 bucks a year or so won't change your lifestyle, but reinvesting it back in the company will make a difference. For me, Merk (MRK) was my big win - using DRiPs and with the stock splits, it put a down payment on a home and paid off my car 15 years ago - AND, I still have the same # of shares I originally purchased. :-)
auctionjjk 1 month ago
@auctionjjk did you invest monthly?
mohammedabshaun 1 month ago