The Algebra of Wealth (A Simple Formula For Financial Security) – Professor Scott Galloway

Minus the increasing wealth gap, it's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.

I love listening to Scott. The whole point of wealth for me is freedom. My magic number in my mind is 5 million needed at 65 to not worry about anything. Am i better off investing a good portion of my income into stocks or saving my earnings to achieve this goal?

You are right. The best approach I feel is to diversify investments— by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

i’ve been diligently working, saving and contributing towards financial freedom and early retirement, but the economy so far since the pandemic has eaten away most of my portfolio, what I want to know is this: Do I keep contributing to my portfolio in these unstable markets or do I look into alternative sectors.

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

I grew up with two great parents. My parents were married until death. Yet one of the most influential person in my life was my 10th grade teacher a man that showed empathy, non judgmental and kindness… that experience helped me to find direction. I can’t imagine not having a positive male role models in my life.

Scott's perspective on risk and its necessity for substantial achievement is compelling. It reminds us that personal growth often requires stepping out of our comfort zones and that mentoring can have profound impacts on young lives. 👨‍🏫

I'm not sure how we'd get on in real life, but I really appreciate Scott Galloway's advice and candor and am getting his book for my 16year old nephew asap.

The guest is SO RIGHT, When I came from Africa, and I was NOT aware of Single parenthood, I noticed a few young men behaving not as they supposed to, I shouted, your dad is watching and they Laughed ONE CRIED, with a sad face , " We have NEVER seen him, do you know him" it broke me. i though having a father in the home is a normal thing. I really wish Male mentors can help other young guys.

True, I took me 2 years and 5 applications before I got PhD scholarship. There were many failures that made me lose my self confidence. Now I'm learning to build my career bit by bit.

Love this guy. Incredibly kind and insightful.

I am Professor Galloway's biggest fan. So much wisdom. One would do well to listen closely, take notes, and execute consistent with the guidance provided.

At 70 Scott, l am well aware of how fast time flies. The problem is, l was 69 when it happened.

Hugely impressed and loving the story at 19:00 minute mark. I too have gotten dozens of "Bahne" skateboards over the years. And women can definitely either be rough or vital in men's successes 🤩🙌

Praise to God Almighty!!!! I'm favoured $150k every 4weeks! I can now give back to the locals in my community and also support God's work and the church. God bless America 🇺🇲💗💓💗💞 Thanks to Maksim konstan

Unfortunetly you cant take risks unless you have some disposable income. Takes money to make money. Unless your exceptional in some way.

love the new intros and previews to the episode!

Perhaps a major reason why there aren’t many men teaching is because the pay is so low and student discipline is a big problem.

Hi Scott, love your stuff. About envisioning the kind of person you want to be in the life of others, it seems it came for you about the time you became much wealthier. Trouble comes up when you have to decide whether to be good to yourself, or to be a good son or a good husband for example , because those require time and resources which for mostpeople are limited, so you only get to choose who you help and who will suffer.