Why You Should Never Save Money ⛔️

The easiest ways to invest. Whether you're very busy or just starting out or you're overwhelmed by investing or you're not sure how to actually make money and you actually want to make money, then this video is for you. So investing is complicated if you don't know how and very simple if you do, just like anything. You don't need tens of thousands to invest in things like property and real estate. That can come a bit later once you've got some good basics in there. I'm going to give I'm going to give you some good, quick, easy ways to invest to start making really good money. Okay, so first thing though we need to talk about is that saving is not investing. And savings I call degradings because savings are historically lower than inflation. Therefore, if you save money, you lose money. Therefore, savers are losers. So saving is not investing. The banks will have you believe it is because they want your money. The only reason you should save is step 1, to stop yourself from spending it, and then step 2 is storing it to invest. It is impossible, it is literally impossible to get rich saving, because like I said, over time inflation is more than interest, or at least the interest the banks give you, because they don't give you all the interest. And so therefore, over time, like death by a thousand cuts or Chinese water torture, you are going broke. Saving. So saving is storing and waiting, crouching like a tiger waiting to pounce, and the pouncing is the investing. I think a lot of people save but don't invest because they don't know what to invest in, or they think investing is risky, or they're worried about losing money. So the next few little tips are going to be really good for you. Now I'm going to keep this super simple on this live. I'll do more advanced stuff if you spend more time with me. Okay, so the first super simple way you can invest is to set up a direct debit or standing order from your bank account on the first of the month, the date or the day you get paid, for a set amount of money, £100 or £200, to go into a self-invested platform, stock and share investing platform. Now the top 3 are Charles Stanley, Hargreaves Lansdown, and Vanguard. Now, I don't have an affiliation with any of them, but I have used Hargreaves Lansdown now for 18 years. I find that good to use. I've actually interviewed one of the billionaire founders, Stephen Lansdown. That being said, Vanguard have the Vanguard LifeStrategy Fund, and this is a good one because it invests and reinvests and self-manages for you. So go and set up an account on Vanguard or Hargreaves Lansdown or Charles Stanley if you want the Vanguard Life Strategy, which self-invests and reallocates. Because my business partner, he's always saying to me, Rob, we need to reallocate your investments every year because of course things change in the global markets. So what you can do is standing order direct debit to your Vanguard account and then automatically invest that into Vanguard Life Strategy. That will go into S&P 500, FTSE 100. It will be spread across a load of really— you can actually tweak your risk profile according to whether you want to go higher or lower risk. Okay, so that's the first thing you can do. That's pretty easy to do. It means you don't need IFAs. It means you don't need brokers who are going to charge you quite high fees. It's not trading, which is really risky. It's long-term investing. The stock market's been doing really well in recent years. S&P 500 must be 8% a year, something like that. So that's the first thing you can do. The next thing you can do is start to invest in silver. Now, there's many reasons why you may invest in silver over gold or gold over silver, but the main benefits of silver are: one, it's very accessible price-wise. So a 1-ounce troy ounce gold coin might be about $2,000 right now, but a 1 ounce silver coin might be under £25. You can buy 2 ounce Tudor Beast or Queen's Beast silver coins. You can buy them from the Royal Mint website, and they're going to cost you around about £50. You can ask for people who give you birthday presents, anniversaries, Christmas presents— no socks, no pants, No stockings. I want silver coins, please. I only want silver coins. And, you know, a good few hundred can be amassed just in holding in silver. You can buy from the Royal Mint. It can get delivered to your home in a discreet envelope, um, and you can just store it somewhere safe. And silver— silver's probably underpriced compared to gold, so you're good there. It's probably in the long term going to Um, it used to be tracked to gold, pegged to gold, but there was like a decoupling. And so gold has soared and silver not so much. And some silver junkies say, well, silver's needed in batteries, it has much more utility than gold, so silver could rise a lot. Also, if you like me think a recession is coming, you think that our economy is unstable, you think a global financial crisis is coming, So yeah, these are things that, um, you know, you generally, when you buy gold and silver, you kind of don't want it to go up because if gold and silver goes up, it means other assets are going down. And I just want to warn you, there's some spammers on my, um, sorry, I got distracted there. There's a couple of scammer spammers commenting on my videos there, so just be careful. I'll never DM you. Um, just giving you a little warning. I like to keep you safe. Okay, so you're going to auto-invest into a self-invested platform into the stock market via Vanguard Life Strategy or something like that. You're going to start buying silver from the Royal Mint website, or buying silver is pretty easy. Hold it personally so that you've got control of it. The big investors buying gold and silver, hoping it won't go up. Because if gold and silver goes up, it usually means everything else is going down. It's a great hedge against high inflation, currency devaluation, a fear of the markets, recessions, depressions, and all that is coming, by the way. So some of the bigger banks have predicted that gold will go up from $2,000 an ounce to $3,000 an ounce. And silver probably in line, if not more. So these are 2 out of 3 simple and easy ways that you can start investing. The third thing I would say is invest in yourself, whether that's to start your own side hustle business and spend a bit of money on marketing to generate leads or to launch your information membership site or e-commerce online shop or store. But the more you learn, the more you earn. So any money you invest in yourself, your education, your knowledge, your experience, or starting your side hustle business, this is probably going to give a better return than 8%, which is what the stock market will give you, or 5%, which precious metals might give you. Now, of course, compounded over a long period of time, they're going to make really good money, and it's better than savings, which lose money. So if you track savings, you think you're holding money, but you're actually losing it like that. And then if you think with compounding kicking in, your growth will be like that. So the difference between Saving and investing over time is huge. But you are your best asset. Invest in yourself wisely. You pay yourself the best return. So because of this, I've got something special for you and I've hardly talked to you about this on my live videos here, but I've got a live 3-day moneymaker summit coming up very soon. And there's 2 date choices, gonna need to be quick. And this moneymaker summit will help you make, manage, and multiply money build multiple streams of recurring and passive income, get your tax bill down and your income streams up. And I've got a billionaire speaking at the one coming up in London. There's an alternative date just north of London. I've got 7 multimillionaires coming to teach you how to get your tax bill down, create multiple streams of income, get your earning power up, learn how to invest, learn how to become wealthy, learn how to start and scale your own business. And I'm doing a special offer here now to celebrate the 7-year anniversary of my book, Money. So my global bestselling book, Money, it's the 7-year anniversary this weekend, so I'm celebrating with you. So get this. If you go now to robmoore.live/money, that's robmoore.live/money, The first 15 of you who register, I'm going to subsidize your ticket. So I've had the Rob Moore Foundation for 7 years. When I launched the book Money, I pledged all profits of the book Money to my foundation to help young and underprivileged people start meaningful businesses. And I'm going to use, in association with my foundation, I'm going to subsidise 15 of you to get a ticket to the Money Maker Summit Live for me to do my bit to give back, celebrating 7-year anniversary of my book Money. So you need to go to the link robmoore.live/money. Go do that now. First 15 only get subsidised by me, completely paid for by me. Now there are small admin fee upgrades available where you can get VIP and Super VIP tickets. I recommend these because with the Super VIP ticket, for example, you get to meet me personally, sign your book personally, you get bonus money mindset sessions with me and my business partner personally, you get champagne reception Q&As with at least 3 multimillionaires, and the big one is you get to have dinner with myself and my multimillionaire mentor friends. You have to pay for your food, but other than that, it's all included in your special VIP ticket. So there's a small upgrade if you want to take the big ticket on the page. The VIP tickets are normally a lot more money, but because I'm celebrating 7 years— can you believe it, 7 years ago I wrote my book Money— I want to celebrate with you. So go to robmoore.live/ money, if you wanna make, manage, and multiply money, learn how to invest, build multiple streams of recurring income, meet multimillionaires. By the way, we talk to you in the breaks, we talk to you at lunch, we go for dinner with those of you who upgrade your VIP tickets. It's not like 60 minutes pitch, 60 minutes pitch, 60 minutes pitch, 60 minutes pitch. There's a lot of content. If you're not making the money you want, if you're pissed off with the system, if you're in a bit of debt, or you're making money but you're paying too much of it in tax, or you want to build multiple streams of income, then 100% the Moneymaker Summit is for you. Don't miss it because we've got two date choices but they're coming up in a few weeks' time. Once they're done, they're done. I don't know what we've got planned for next year so you may miss out on this. Also, this special Moneymaker Summit is called the Recurring Income Edition. So it's focusing on recurring and passive income. Not occurring, an active income. So if you want to make recurring, passive, and residual income, you need to be at the Moneymaker Summit. All the details are on the page, robmoore.life/money. First 15 of you, I'm going to give a free ticket. If you want to upgrade to get the better tickets and the Meet the Millionaires, I recommend you do that. My team will call you, connect, answer your questions. The dates, the details are on the page. You can check it out. So, quick summary, just while you're doing that, is investing is easy when you know how and it's hard when you don't. And the easiest ways to start are to direct debit from your wages the day it comes in, so you pay yourself first, and invest in the stock market via a fund S&P 500 or FTSE 100, or a self-managing reinvesting fund like Vanguard LifeStrategy. Those apps are pretty simple to set up. I don't get any commissions on them. I'm just telling you that I've been doing this for 18 years. Vanguard's a good one, Charles Stanley's a good one, Hargreaves Lansdown's a good one. The next thing you can do really easily is buy silver. You can buy it off the Royal Mint. You can buy in 1-ounce and 2-ounce coins, silver bars. You can buy limited edition coins and bars. You hold them, you own them, they're real, they go up over inflation instead of down under inflation like cash does or savings do. It's a great way to get in. Instead of getting socks and pants and rubbish for Christmas and birthday and anniversary, request from all your friends and family and parents and children only to buy you silver coins and bars. In a few short years you'll build up a nice little defensive protection of real money. And if there is a recession, a crash, you know, if there's this, if there's a lot of inflation like there has been for the last 4 years, if the world is doomed like many of us think, the global financial crisis is coming, or there's some kind of recession or depression, you're going to be so glad you've got silver and gold. And then the third thing is investing in yourself. The more you learn, the more you earn. So invest in your knowledge, invest in starting a business, invest in learning about sales and marketing. You are your best asset. Invest in yourself wisely. You pay yourself the best return, which is why coming to Money Maker Summit Live is one of the best investments you can ever make. Because when you learn how to make, manage, and multiply money, when you learn how to invest, when you learn how to get your tax bill down, you're not going to make 5% or 8% a year. You can make 50% or 80% or 800% a year because you have the best money-making ability over and above any asset class. You just need to learn how to do this. Oh, and by the way, the part you'll love, I get everyone to put their phone on airplane mode and we do a full 90-minute section plus Q&A on how to get your tax bill down and how to legitimately save tens of thousands if not more in tax. But you need to be at the Moneymaker Summit Live to get all of this. The link: robmoore.live/money. I very rarely— in fact, up until recently, I've never offered this on my live videos here. And remember, the first 15 of you are getting funded, sponsored by me. So see on the link: robmoore.live/money.