Rob LipsettYouTuber • Author • Entrepreneur • Head Coach at GAMEPLAN

Stuck Financially? Discover the Surprising Reason Why!

Name: Stuck Financially? Discover the Surprising Reason Why!
Uploaded: 2024-01-11T18:00:06+00:00
Duration: 16 s
Channel: Rob Lipsett
Description: In this brief YouTube dialogue, Speaker A asks about using the S&P 500 via eToro, noting that many Irish and European investors face restrictions because…

11 Jan 2024 · 0 min

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0:16

In this brief YouTube dialogue, Speaker A asks about using the S&P 500 via eToro, noting that many Irish and European investors face restrictions because the index is American. Speaker B responds by recommending a global investment approach, suggesting that clients' money should be allocated to the entire world rather than just the US. He contrasts a "get rich quick, lose it quick" mindset with a "get rich slow, lose it slow" philosophy, implying that most people now shy away from the slower, steadier path to wealth.

You're actually, you are reading my mind. I've like these random topics jotted down and we're just clocking them off. So with the S&P 500, the way I use it is eToro. But a lot of Irish people or Europeans, 'cause it's like an American index, they can't. So what would you recommend?
The way we would invest clients' money is we would buy the entire world. We wouldn't buy just the US, which the way we invest clients' money. Get rich quick, lose it quick. Get rich slow, lose it slow. Yeah. Right?
And nobody wants to get rich slow anymore.