15 Money Secrets from the World's Wealthiest People

In this Alux.com video we will be answering the following questions:
What are 15 Money Secrets from the World's Wealthiest People?
What are the most important Money Secrets from the World's Wealthiest People?

00:00 - Intro
00:33 - Investments are made
when there is ”blood” on the streets
02:11 - Saving will make you poor, investing will make you wealthy
03:26 - Rich people buy assets,
poor people buy liabilities
05:01 - Compound interest is the eighth wonder of the world
06:47 - Never put all your eggs
in one basket
08:49 - You will get rich by giving society what it wants but does not yet know how to get
11:18 - You’re not going to get rich
renting out your time. You must own equity, a piece of a business to gain your financial freedom.
12:57 - There are no get-rich-quick schemes. That’s just someone else getting rich off you.
14:19 - Leverage tax-efficient strategies
16:41 - Create multiple
income streams
18:32 - Leveraging the power
of technology to 100x your output
20:22 - Use stealth wealth
22:22 - Fiat money
is not real money
23:20 - Create your
money principles
24:11 - The Pareto Principle