Most of us have heard that it takes money to make money, but the truth is you donât need a lot of money to get rich. You just need to put your money in the right place and let it do the work for you. [Outsider Club Header]
Mar 06, 2023 By Alexander Boulden for the Outsider Club The No. 1 Secret of the Super-Wealthy âThe rich buy assets. The poor only have expenses. The middle class buy liabilities they think are assets. The poor and the middle class work for money. The rich have money work for them.â â Robert Kiyosaki --------------------------------------------------------------- Dear Outsider, My New Year's resolution is always the same⦠Read more books. So I started off this year by reading a book Iâd only heard good things about⦠Robert Kiyosakiâs Rich Dad Poor Dad. And what he revealed in the book blew me away. It wasnât that any of the information was new, per se. But he lays it out in a digestible way and explains everything in simple terms. He even gives away the No. 1 moneymaking trick of the super-wealthy. Spoiler alert, but Iâm going to give away that trick right now. He writes, âThe rich buy assets. The poor only have expenses. The middle class buy liabilities they think are assets. The poor and the middle class work for money. The rich have money work for them.â If this is new information to you, great. For most of us, weâve always heard that it takes money to make money and are never quite sure what that entails. But what Kiyosaki is saying isnât that you need a lot of money to make a lot of money. You just need to put your money in the right place to make it work for you. Now, what does this mean, exactly? The way I understand it is that the wealthy only spend their money on things that will consistently pay them back. So, no, this doesnât mean buying a fancy car that depreciates in value. It doesnât mean buying a Rolex, even though many people will say itâs an appreciating asset. In reality, itâs an object that you must sell in order to make a profit. But thereâs no guarantee youâre going to sell it for the price you want. Thatâs not to say objects donât bring us other forms of happiness or can't make us money on the side. But the object itself isn't generating consistent revenue. Waiting to Catch the Next Bull Market? What if I told you there was [a reliable way]( you could pinpoint the next bull market? You see, for the past 50 years, technology has carried even bear markets into epic bull runs. But todayâs tech has gone far too stale to save the market this time... And Big Tech is no longer a reliable indicator of a coming bull run. Now, this new strategy Iâm ready to tell you about involves one key figure that the Federal Reserve cares about most... And by tracking it, weâll know the exact moment the market will enter a new bull run. [Let me show you how you can also use this strategy to make a killing in this market.]( Do you see what Iâm getting at? Itâs why itâs incorrect to say an object you purchase is an âinvestment.â That classic car or expensive watch isn't generating any cash by collecting dust in the closet or garage. The point of an investment isn't to turn around and sell for a profit, which to me is more akin to speculating or gambling. Investing is about setting yourself up for long-term, consistent growth by putting your money to work. Itâs also why Kiyosaki says the middle class get trapped in the rat race â because they purchase objects that they think are assets, when in reality theyâre liabilities. That includes real estate, at least in the way most people buy houses. They tend to overpay, take out a mortgage they canât afford, and get trapped in the rat race by having to work for money to pay it off. Working for money, then, is the issue. Again, you want to make your money work for you. Sounds simple, right? But how do we do that? What are the wealthy buying to generate consistent income? Well, one of the only strategies is to buy dividend-paying stocks. In theory, itâs one of the easiest ways to make money in the market. When you buy a dividend-paying stock, youâre basically saying, âOK, company X, Iâll purchase some of your shares, and in return youâre going to pay me a fixed percentage of your companyâs earnings.â All you do is buy the stock and wait for the dividend payment to hit your account. Itâs as simple as that. Now, most dividend stocks pay shareholders quarterly, but there are others that pay monthly. The goal with stocks, then, is to build up enough shares in enough companies to get paid every single month of the year â and not rely on some single stock or material "asset" to increase in value, which may never happen. No working for money required. [QUIZ] 46 BILLION Barrels of Oil?! A massive $5.9 trillion oil boom is about to take place. Three tiny companies just acquired the rights to mine an untapped patch holding 46 billion barrels of oil in a mystery location... And it even has the potential to reach $9 trillion in value if prices reach $200 per barrel! So which country do you think will lead this upcoming oil surge? - Venezuela
- Saudi Arabia
- Canada
- Russia Think you know the answer? [See if youâre right!]( Now, youâve got to do your research, and you'll have to ride the ups and downs of the market. But if you dollar-cost average, youâll be glad to see the market correct to the downside because it means youâre lowering your cost basis. You donât have to care about volatility because all you want to do is make income and reinvest it, letting compound interest grow your wealth. Thatâs the key to making your money work for you. Now, sometimes you want to speculate. I get it. But in order to do that, youâve got to have a macro view of the current market environment. And right now, as Iâve been writing about these last few weeks, the trend is 100% artificial intelligence. Check this out... Earnings season is in full swing, and companies like C3ai (NYSE: AI) are soaring. The company recently posted an earnings beat and shot up 30% on the news. [ai] The thing is AI stocks are just getting started. Itâs the tech shift weâve all been waiting for. The big one that will bring down the corrupt tech monopoly once and for all. The Biggest Event in Our Companyâs History For a limited time, weâre reopening access to the most popular presentation weâve ever produced. Hosted by biotech expert Keith Kohl, this [urgent presentation]( shows you how to capture your slice of the $1.6 trillion global pharmaceutical market... And how to set yourself up for huge potential profits every single month as the FDA approves an unprecedented amount of new drugs. Over 10,000 people have viewed [the presentation]([...]( and we may have to take it down again soon... But as of right now, you can still get access. [Click here to tune in NOW.]( How do we know? Well, Google CEO Sundar Pichai just sounded the alarm. He called a âCode Redâ meeting with the companyâs top execs. He even begged Googleâs retired co-founders, Larry Page and Sergey Brin, for help. All because the revolutionary ChatGPT is quickly taking market share away from Google. It racked up over a million users in just five days... And it could dethrone Google as the worldâs No. 1 search engine after more than two decades of dominance. The evidence is piling up... The New York Times wrote: For Google, this was akin to pulling the fire alarm. Some fear the company may be approaching... the arrival of an enormous technological change that could upend the business. Paul Buchheit, one of the creators of Gmail, tweeted: Google may only be a year or two away from total disruption. AI will eliminate the Search Engine Result Page, which is where they make most of their money. But itâs not just Google. Amazon, Apple, and Meta are shaking in their boots. This disruptive innovation has the ENTIRE tech world on edge. But hereâs the thing... In order to integrate this technology, [they need one critical piece of hardware built by one tiny company](. We've made available an [urgent investor presentation](Â on the matter just for you. Have a great week. Stay frosty, Alexander Boulden
Editor, Outsider Club After Alexanderâs passion for economics and investing drew him to one of the largest financial publishers in the world, where he rubbed elbows with former Chicago Board Options Exchange floor traders, Wall Street hedge fund managers, and International Monetary Fund analysts, he decided to take up the pen and guide others through this new age of investing. [Check out his editor's page here](. Want to hear more from Alexander? [Sign up to receive emails directly from him]( ranging from market commentaries to opportunities that he has his eye on. Follow the Outsiders [Twitter]( | [Facebook]( | [LinkedIn]( | [YouTube]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Outsider Club, Copyright © Outsider Club LLC, 3 E Read Street Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-855-496-0830](tel:/18554960830).