Best Way To Invest Money In Your 20’s

Best Way To Invest Money In Your 20’s

Alright my friends, today we’re talking
about the best way to invest your money when you’re in your 20’s. And today I’ve
got five very specific things that I believe in that I’m doing on a regular
basis. I think it’s going to be amazing for you so hang tight here on Limitless
Wealth TV. We got it all coming your way right now. Alright friends, we are back with the
five best ways to invest in your 20’s. Whoa, alright so a lot of you have been
asking questions like, “okay Kris we’re sitting in our 20’s, you guys have created
all this financial success to help thousands of people, almost a billion
dollars worth of real estate and after all that, what advice you have for
someone in their 20’s?” That is young and just starting out and we recognize that
a number of you. I know you’re excited. So excited. Go for it. We know that a number
of you our fans, our friends and our millennials that are out there wanting
to crank financially. You want to succeed and we’re here to show you how to do it.
So today, we are going to put in a very specific order countdown on – five. We’re
going start with the most important. We’re going to end with the most important
and we’re going to sandwich some good stuff in the middle. Number one, you want to own
your own home. Guys, this is one of the best things that you can do at a young
age, to get a leg up, to get a jumpstart in real est…or in financial freedom. And I
think one of the biggest problems that most people have in America is, they wait
wait, wait, wait, wait, wait until they’re way too old to buy their first
investment property. Well therefore, even their first own home. Yeah, we’re
talking about now. We’re not just saying buy a house. Right. People will say that
your own home is your best investment. We say that your own home that classifies
as an investment, could be your first investment. Yes and so what that looks like is, buy
that home with equity. You buy a home with twenty, thirty, forty thousand
dollars of equity and guess what, your net worth is going to jump big-time on that
first purchase. Which is pretty cool because you can get away with generally
a 3% down payment. So on a $200,000 house, we’re talking about $6,000,
so very small out of pocket but stepping into a big chunk of equity. And then also
you can have roommates that you can rent to. When you’re married, you can move out
and rent it to somebody else. You can do a lease option on it and make three, four
five, six hundred dollars a month. And so your first home is definitely a must
when it comes to five things that you need to do when you’re in your 20’s.
Number two is, get investment property. Say not just your own home that you’re
living in but actually get into some investment properties. And if someone is
young and they’ve gotten their first home, right? Their own first home. What’s
their next step to get into? Maybe their second home. Well first of all, if you
bought that house with equity, then we can show you with a little bit of time
and seasoning how to use that equity to buy more homes.
You could be crushing it at your job and doing a great job being a saver versus a
spender, right? A producer versus a consumer, or you can get with Steven and
I will show you to partner with people. It could be partnering with a parent. a loved one, a friend. Bottom line is people out there, everywhere have money
and you don’t and so how do you bring that money in so that you can keep
buying properties? Well, we’ll show you how to do that in
our partner profits course, but bottom line is, make it a goal have an intention
now. When you have non-owner occupied investment property, that means
homes you don’t live in. That you want to buy and run out. You typically need a 20%
down payment. So median average $200,000 home, you’re going to need $30-$40,000 to buy
that home, so go find someone else with $30- $40,000 and we’ll show you how to do
it. We’ll even give you the property. So can I give them a quick workaround
though? Okay, if you’re young and you’ve got some time and you’re willing to be
flexible, you can buy your first home live in it. This is a secret, live in it
for 12 months. Oh yeah this is good. You can then move out of that home. It’s a
big secret. Get a little closer the camera. You can actually get another
primary residence for another 3% down another 3%. It sounds like putting a very
little bit down, wait 12 more more months. Stop, stop, stop. 12 months move out of that
home and buy a third one at the first one, you’re like, making several
hundred dollars about the cash flow. Your second one, same thing. You got equity piling up in
the first equity. In the second one, you know about your third it’s like. Wait a
second here, you telling me I increased my net worth over $100,000 with like
three tiny itty-bitty baby down payments. That mean my house is even paid for? You
can do this again and as long as your mind to live in it for 12 months, okay.
Move out of it, you can’t keep giving that cheap money. Oh this is amazing,
right? You can grow your investment. So like we were saying, right ways, buy
investment that somebody’s, there’s ways of doing that. Okay now let’s talk about
number three, so number three is become an entrepreneur. Yeah right, yeah. Becoming
an entrepreneur means own your own business. Absolutely. take your money
where should you invest some of it. Invest it in a business and the reason
why we recommend that is because when you have a day job. By the way you might
have a job that you absolutely love, but when you got a day job just remember
that, it’ll never financially get you where you
truly want to be. So it’s a stepping stone. And it’s a stepping stone to what?
Well here we believe in multiple streams of income. So owning your own business is
just to what, it’s another stream of income. And there’s a difference between
owning a job and owning a business. I just wanted to paint the difference here
for just a second. Owning a job means you’re in the day-to-day, you’re doing
all the work, the business revolves around you. Owning a business means, you
can step out, still produce a lot and and free up that time to do some other
things. And the distinction there is whether your business operator or a
business owner. Correct. You see an operator is just someone else that has a
probably more expensive job. Hey like you had a job and they said, “I’m going to go on
and do this my own.” And you might even be working harder for less money. So you
need to have the end in mind which is wait a second, what kind of business
could I start that eventually, I move out of and hire someone else to manage. When
you move from business operator to business owner, that’s when you have a
stream and then guess what you can do? Just like if one home works and you want
to buy more, if one business works you wanting what? You want to get more. So
basically, these first three things that we’re saying are, invest in real estate,
invest in business, right? Your own home, investment properties, invest in business,
start with the end in mind and think of businesses that you can step away from
and still have them work and run. Number four is, you want to make sure that as
you’re going forward in your investment, career that you take time to learn about
other things as well. You diversify. And diversification, I think is a word
that gets thrown around a lot and often times, there’s fear associated with
diversification, right? I think that there’s… I want to diversify so I don’t
lose all my money. Well Kris can you give us a little bit of a better
foundation on why diversification is so powerful? So Ray Dalio, one of my mentors
I got a chance to speak with him, live. He’s a billionaire, more successful
than Warren Buffett. A lot of people don’t know about him because he keeps
himself out of the limelight. This guy’s returned fifty billion dollars over a
twenty six year period of time to his investors. And he said that you can
eliminate 80% of all risk, by separating your finances into fifteen different
asset classes. So Steven and I will go having into business, having the real
estate then we’re going to put some money in the market. But if you’re going to
put the money in the market, the stock market places like that, then the first
thing you need to do is, you got to make sure that you place your money with who
we call a fiduciary and not a broker. Fiduciary will generally charge 1%. A
broker on average, charges 3.2 %, hidden fees all this is and that.
But worse, brokers have a hidden agenda because they get paid to push certain
products on you. So not what’s best for you, not what you
want, but what will pay them more money. That’s a pretty jacked up system. But
it’s the one that we live in. So almost half of your average gains are going to go
to pay this guy. Instead, you want to find a fiduciary, this person by law is not
allowed to receive a penny or they going to jail. They have a special license that
says I hear my FBI fingerprints take me to jail, cuff me if, I try to make any
additional money other than my very obvious, you know, oneish percent. And so
be smart and wise when and how you play in the market. And then you know, get
yourself educated. Read enough.I mean Steven and I, we put on an event a
couple times a year that gets you so well-versed in the game of money. And how
to grow, yes we’re going to talk a lot of real estate at our real wealth event.
We’re going to talk about a lot of other things.But bottom line is, oh my gosh, you
got to get this education, so you can appropriately go into the market and
have your money growing. So some of it might be sitting in cryptocurrency. And
one of your other non correlating assets are those a big word. In the market, you
want to spread your money on things that don’t connect with each
other. So they aren’t correlating. Non correlating means that one might go down
and one might what one might go up. So we actually, it’s a little complicated,
but we have a four day event where we actually talked about this. So don’t
worry about it right now. But the bigger thing is, find a broker, diversify your
assets. That is what the wealthiest of wealthy do. They’re not putting it all
into real estate, we’re heavy in real estate. But we’re also making room to put
our money in some of these other places. Okay? Number five. Okay now this big one
this is one that I want you to write down and take action on. It is all about
the most important thing that you can invest in your twenties, is – you. The
real estate between your ears, what you don’t know is the most dangerous
information to you. And worse, not even knowing that you don’t know. But now that
you watch this video, you know that you may not know, that you didn’t know what
you didn’t know. So here’s what that basically means, right? It means that you
got to get an education. And Steven and I, we put on an event two times a year,
it’s called real wealth. And the purpose of the event is, a forte event. And it’s
to help you master money both the wealth mindset and then also how to go from
rags to riches. How do you grow and multiply
money. It is intense. It is a guaranteeing life-changing event. You’ll probably
never receive honestly a more powerful financial education in your entire life.
Than spending those four days with us. You might want to go to our website and
submit your request to talk to somebody and say, real wealth event,Kris and Steven
talked about it. And it’s an investment to go to this event. It’s generally
$1500. We might be running some promotions or some
discounts, but that for days, you’ll never think the same again. It’ll absolutely
change your behavior, your actions, the way that you look at money, the way that
you grow it. And you’re bound to walk out. with so many different money-making
business ideas, that you’re going to know how to take complete and utter control,
of your life. So whether it’s that or reading real estate books, the bottom
line is, get a financial education and the epitome of what that would look like,
is spending four days with Steven and I. And we’re going to bring in our our
fiduciary. We’re going to bring in our team of experts. We’re going to bring in our
people and we’re going to show you how to master the game of money. So click over
here on the website. If you want to learn more about that event. How to do that and
bottom line friends, those are the five best ways to be investing money in your
20’s. There’s a lot of things that we can do that can keep us from investing and
taking action. Knowing something but not acting on it, is the same as not knowing
it at all. So if you need help implementing the information that we’re
sharing here, if you want to know how to actually start making real estate happen
right now. Click the link on the website. Read the different options that we make
available. Get live with me. Work with me in my team and let’s help you go out
there like thousands of others that I’ve helped and start crushing it in real
estate, right now.

98 thoughts on “Best Way To Invest Money In Your 20’s

  1. First!

  2. I live in the vancouver area, on average houses dont sell for under 1 million. For someone who works 33 hours a week at 12$ an hour. How can i afford to buy a home?

  3. Great video guys!

  4. Do you think this is a good property investment for beginners :6377 Mount Palomar Ave, Las Vegas, NV 89139


  6. So you are saying i shouldnt put all my money into bitconnect?

  7. Where can i sign up for the four day event i really want to go

  8. so did i hear you guys right, in how you can get the first time home buyer deal of only putting 3% down multiple times?

    I can't believe you are giving this info away. God bless you and your family.

  10. you seem so weird without that beard

  11. Hey man, very educational and helpful your channel, what do you think about buying a pre-Constrution property, it will give you equity?

  12. Where’s the link for the event I’m interested?

  13. You guys are the best. Great work my friends

  14. I consider you my personal coach. Thank you so much, Kimberly

  15. really love that #2 secret part XD

  16. love you guys , very informative

  17. Dave Ramsey wouldn’t approve of this

  18. I'd love to take a course but I'm from the UK, will the same knowledge you teach be applicable over here?

  19. Great video. Even better information.

  20. Why 12 months ??

  21. i think you guys have great personalities and are super cool , i wish i had guys like you all in my life , keep being you !

  22. Hi Guys,

    I currently have a primary residence using FHA. How can I purchase another this year using the same financing? It has been 12 months.

  23. kris krohn = the best and most useful real estate information

  24. kris krohn = the best and most useful real estate information

  25. kris krohn = the best and most useful real estate information

  26. How can I make 4 percent down?

  27. You guys are hilarious haha

  28. Dude you guys are the best thank you guys

  29. I have been binging on all of your content and I AM HOOKED! I would like to get in within 90 days

  30. How are you guys? I am a current college senior and athlete. Having a job is really hard for me to do with basketball. I know that having money is important when trying to make money off of investments. How do I get into making good investments with little money?

  31. I love the duo 🤣 these guys are amazing

  32. Hi, Sumant here from Pune, India and would like to know more about 15 classes of assets and need a help with Real Estate

  33. LOL thanks for your advice guys

  34. This was the most honest advice I have ever heard in my life I am currently 21 yrs old, it convinced me and really believe it works,,

  35. It was always my understanding that you could only have ONE fha mortgage at a time. Meaning to to purchase a second home after the 12mo occupancy time frame, you would need to refinance your first mortgage to obtain a second fha loan. If anyone can elaborate further on this I would appreciate it.

  36. Very inspirational,

  37. I was gonna waste my money on a new car, but nowww I'm investing in a home. Thank you so much for this information amaaziinnggg video!!!

  38. Lol

  39. A lot has been discuss on this channel about startups …..its reall great info but would appreciate that how to manage your first house like managing mortgage..tenants etc …..SOS😭😭

  40. You guys are hilarious together. Addicted and passionate about this subject matter BECAUSE of your content. Awesome job

  41. How can you star without buying a house for you first

  42. I’m glad I found investing before I was twenty! I am way ahead of most my age! No bragging meant by that statement, just fact. 😁

  43. Who else think they were drunk 😂😂

  44. Would you recommend in online investing websites or apps?

  45. The stock market has made more millions for people than any real estate portfolio. Secondly anyone can be in real estate with Zero debt by investing in companies like O, NNN, DLR, WPC, and dozens of others.

  46. Yay

  47. If you did this would t you be in a serious amount of debit? Or would this be considered good debt? Then just pay it out with the rent you have from those homes? Please help explain

  48. Today bought my first home for 121k that's worth about 135-140k. Saving me hundreds every month compared to the home I'm currently renting so I'm really excited

  49. You two are SHADY AF

  50. So if I buy my first I just have to live in that home for a year after I rent it out ? Do I have to refinance that house when I move out ?

  51. I love the dynamics of this video hahaha youuu guys

  52. How are you eligible to put 3% on your second home??

  53. Y’all are silly

  54. I live in Shanghai so do I need to adjust anything? Since the society is different..

  55. I live in united kingdom, can i still take the course?

  56. I can't wait to be part of your team Chris.

  57. Lol

  58. Hi kris
    I am from india
    As you said I have work for 2 year and I have 5000 doller and you said enough to buy first house
    But I have 1 question
    I want to buy house But I am know how to clear loan
    In India is ruppes
    I have 10lakhs and mimmum I need 50lalhs to buy
    If i took 40lakhs loan from bank how to clear

  59. I would love to go to that event and take a course, but I'm only 16 🙁

  60. Wooo

  61. This is trash. Real estate is a lot more than just buying property. Houses require upkeep. If you're fortunate enough to have someone willing to rent your property they could trash it. You load up on property and have all this maintenance and then let's pretend you have a house or two that you are having a hard time renting out and you could be screwed. Instead, invest in index funds. Something that pays dividends and keep reinvesting them. That's the safer alternative.

  62. I’m only 19 and I’m definitely obtaining all this information!

  63. I love these freaking guys great points. We got 3% down on the first one. 😎 Excellent video guys.

  64. 3:16 "Go find someone with $30,000 to $40,000!"

  65. Awesome. I love the way you explain it.

  66. None of these numbers make sense in California

  67. This video is informative, fun and really life changing if you implement the habit of doing it instead of "i will do it"

  68. U guys are hilarious 😅
    I love the way u teach!

  69. 03:22 is eye opening

  70. Question why dose everyone talking investing hold events where they make millions or hundreds of thousands to speak but then act like they are doing a public service. I mean I learned most of what I've seen here at my public library


  72. You look so happy bro, but If you have three mortgages with 3% Down you know how much just in loan you have to pay back ? Nahhhhhh you guys most have another secret

  73. I really loved this part you got me for real by coming closer hahahahaha

  74. Thank you for sharing your POV. It is very Informative.

  75. That secret though 🤑🤑🤑

  76. Lmfaooo when you guys were whispering I was just waiting for one of you to whisper “it’s free real estate”

  77. Do you recommend claiming your first home as your primary residence for 5 years in order to avoid the property gains tax vs moving after 12 months and purchasing another home? Is there a way to avoid property gains tax on your first home without living there?

  78. What if the cashflow from the mortgaged house has no profit.

  79. Some successful people say don't buy a home but some say buy lol 😀

  80. My goal in life is not to be “average”.

  81. New fan. Thank you

  82. i am 14 and I have just decided on what career i want to take when im order and these videos you make is a such a big help towards me so i have a massive heads start when im old enough to take this career.

  83. I'm doing exactly all of that this year, I Love the whispering part.🤣🤣🤣🤣

  84. 11 minute commercial with small gold nuggets of info.

  85. I am 18 any suggestions

  86. Ha.. Ha.. Ha.. Usefull information.. With two funny guys.. 😆😆☕☕

  87. Please explain what happens when Ben Mallah goes RIP and he owes the IRS huge amounts because he puts only 3% down and keeps moving from 8mill to 13mill to 16mill homes? You just are making a sinkhole for your grand kids WTF!

  88. You made your biggest gains on events/courses/books and not mostly in real estate.

  89. Shuuuuush

  90. I am 21 year year and I need this info.

  91. I’m 15 and I have no idea what any of these words are or mean cause of school they don’t teach us it they don’t you to be successful I ask my parents but there like be a normal teen and just enjoy your life now so I’m stuck

  92. I'm 20 how tf can I buy a house??

  93. whats a downpayment ? and how do we check the equity of the house please help

  94. You are aaamaziing!

  95. So much value thank you so much guys!

  96. Do some people really need to have non correlating explained..

  97. The reasons these guys are a holes is because they make everything sound so easy. Oh yes just put 6k down at a 200k house when your 20 and then 12 months later another 6k down and do it again and again blah blah blah buy my books and courses

  98. This is a great video

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