how to make money in your sleep (investing guide 2024)

listen to me the wealthiest people in the world don't work for their money because they've unlocked a glitch in the system that allows them to print money on demand so today I'm going to show you how you can replicate the wealthiest people's exact steps and make money work for you how by learning how to actually invest your money correctly and listen no I'm not talking about some shady options trading or pumping shitcoins I am going to teach you how to get started with investing as a complete beginner and how to actually invest correctly based on

how much money you currently have and let me tell you this right away if you have less than $11,000 you should not be investing in the way that everyone else tells you to that means no stocks no shares no crypto nothing like that you need to be doing something completely different that will 100x your money over time and we're going to get into that in just a moment but first what is investing I mean think of it this way in its most simple form investing is simply all allowing your money to work for you and

make you more money it's about paying $10 for something today because you have a good reason to believe that you'll be able to sell it for $20 down the line and today we're going to cover the five stages of your investment journey and exactly what to do at each stage to maximize your return on investment because regardless of your income level or how much money you have everyone should be investing but not everyone should be investing in the same things or asset classes so so what are the five stages of investing now stage one is

when you have $11,000 or less to your name and no cash flow stage two is when you haven't saved much but you're making $1,000 or a few thousand per month stage three is when you have $10,000 to your name or you're making 4 to $5,000 a month stage four and this is really where things get interesting because you can really let your money work for you stage four is when you either have a high-paying job or a business that generates you five figures per month and that recurring Revenue allows you to take on greater risk

and that's when you can really begin to grow your net worth now stage five is only going to be relevant for a small subsection of you but if you internalize and apply everything in stage 1 to 4 there's no reason why you can't get there now stage five is where we're going to discuss how to protect your wealth once you have it and stage five is how the richest and wealthiest people in the world are able to print their money on demand now mind you this is not Financial advice these are simply my personal opinions

and my personal framework on investing so the most common question I get is how should I invest my money if I only have $11,000 to my name and this is stage one of the five-stage Matrix and here I just have to be brutally honest with you because if you only have $1,000 or less and zero cash flow then you should not be focused on traditional investing now what do I mean when I say traditional investing and to keep things really simple for the sake of this video we're going to focus on four different different investment

vehicles the first is shares and think of buying shares as basically buying a tiny piece of any publicly traded company the second is index funds now index funds and ETFs are very similar think of them like sort of a a basket of a lot of different companies so when you invest in one Index Fund or one ETF you basically invest a little bit in all of those basket of companies for example when you buy spy one of the most common ETFs in the US you're basically buying a little bit of the top 500 biggest compan

companies in the US known as the S&P 500 and the percentage you buy of each company depends on their market cap and their waiting inside of the S&P 500 but you can also have ETFs and index funds for different sectors like silicone or Green Tech now the third type of investing we're going to talk about here is bonds and there's really two types of bonds government and corporate bonds now bonds are essentially a form of debt where you as the purchaser of the debt gets a certain percentage interest on the bond known as a coupon

to make things even simpler with government and Company bonds you're basically giving them money they're giving you a percentage of interest and then at the end of that term they're also giving you your amount back your full amount back so basically it's like a a loan to a company or government to make things really really simple and the last is crypto and I'm sure you are all familiar with crypto but if you're not you can just think of it as another asset class that's more risky and less regulated now why should you not focus on

those if you only have $11,000 because even if you invest in the S&P 500 and make 10% per year that's only $100 or let's say things go crazy and you even make 40% on Amazon stock in a single year well that's still only $400 in a full year when you have so little money you need to focus on asset classes with a higher Roi because you are simply not at the point at which it makes sense for you to have your money work for you so you may be asking then what should you focus on

if you only have $1,000 and that is high Roi assets that you can control and that does not mean going all in on crypto in hopes that you're going to twox or 20x your money not at all you need to just accept that with $11,000 you will not invest your way to becoming a millionaire or even 50k it simply won't happen yes there's some people who throw it into a shitcoin and they get lucky but for every one of those there's 10,000 or 100,000 people that have lost their money at that point go to a

corner store and just go buy a lottery ticket it's the same thing instead you need to invest into things you can control and there is only one thing you can control your skill set and that is why I created digital Launchpad because for only $37 per month you can learn the world's leading business models from the world's leading experts building your skill set is the most important thing you can do in that sub $1,000 range because the ROI on those skills is exponential so at $37 per month there's basically no risk to you at all

an infinite upside because with the skills we teach you can a,x your investment now listen even if you don't join digital launch pad because quite frankly it's $37 it's the same price you spend when you go to cinema and order your popcorn and all this sweet snacks and all this stuff so listen I'm not exactly getting rich from it this is just my way to give back and get the smartest people in the world on one platform for you to make your first th000 and making the quickest time possible but if that doesn't interest you

the point is spend that first ,000 go buy a camera go spend $600 and learn how to create content learn how to shoot content for clients or go spend $1,000 and learn how to code at a coding Workshop listen whatever it is the point is do something that allows you to become in charge of the ROI because doing that is what will get you into stage two of investing and once you are there you have some more room to play with now stage two is for those who have some savings and are making a few

th000 per month and as long as you have some income that you can put aside to invest well then you're in stage two and it doesn't matter if you live at home and can invest all your earnings or if you can only invest $100 per month that doesn't matter here in stage two we're not looking to get rich quickly the main thing here is we're looking to build those habits that will set your financial foundations and on a long enough time frame I guarantee that you become a millionaire how because of the power of compound

interest listen it's crazy long-term investing allows basically anyone to become a millionaire and by the way I'm talking about 30 or 40 years becoming a millionaire I don't want it to take that long for you I want you to do it in 10 years I want you to do it in 5 years I want you to do it in 3 years or even in a year but the point is even if you do it in a year but you don't develop these good habits you're just going to lose it all so you need to think

longterm you need to plan longterm you need to start acting like you're building long-term wealth today and then try to get rich quicker try to make more money in your business in your career to put those into your Investments and build your long-term wealth so yes pretty much anyone can invest and if they do it for long enough they'll become a millionaire I want to make that very clear to you but of course we're trying to do it quicker than that but anyways before you begin investing you really need to ask yourself three questions the

first and most important question that anyone should ask themselves before investing is do I have an emergency fund of 3 to 6 months to cover my Necessities if the answer is no focus on building that first you need to go back to stage one and increase your income the second thing is you need to decide where your risk tolerance is you should never ever invest more than you can bear to lose and that means that you need to be honest with yourself you need to calculate your expenses you need to calculate how much money you

can set aside and lose without putting yourself in a difficult situation and then finally you need to set your goals and expectations and this is the most important part realize that the goal is not to turn a th000 into 10,000 in a year nor is it to trade your way up to a million dollar if that is your goal you're going to lose all of your money because the markets simply don't work that way if you think that you can outsmart and outperform the biggest hedge funds in the world and turn $1,000 into a million

then hey more power to you but I guess this video is isn't for you the goal should be to build good habits create your financial foundation and make money slowly but surely over time as I said your time frame here needs to be long so when it comes to investing it's very important to only invest money you won't need and when I say won't need I mean at all not money you're going to spend for vacation next summer or anything like that once you invest the money pretend it's gone and then over time you'll begin

to experience the power of compound in interest so what do you actually invest in crypto bonds shares no in stage two you don't need to worry about any of those instead we are going to keep it painfully simple in stage two you don't need to worry about picking the best stocks in fact you won't even be investing in individual stocks at all you see one single company can quite easily go down by tens of percent and at stage two you're not in a position to take on any level of risk CU you don't have much

money coming in you want to be as risk averse and safe as possible so instead of investing in individual shares like Amazon or apple you're going to invest in the S&P 500 the 500 biggest companies in the US and if you're in the UK you can invest in the UK equivalent which is called the footsie 100 but you won't just do it once you'll do it every week or every month no matter what and by the way I do this every single week it's automated it's set up I don't think about it every single Tuesday

for years I've been investing in the S&P 500 and I can honest to God say that I never check it I never look at it honestly the funny part is I'm not even going to say how many millions are in there but whatever it's a very substantial amount of money sometimes I even forget that I even have that portion of my portfolio and that's what it needs to be like it's out of sight it's out of mind that is your financial future it's boring yes it's boring I have much more interesting Investments whether that be

my property projects or the companies that I buy into in industries that I have a competitive advantage in those are exciting the S&P 500 is not and that is the Point building Good Financial foundations you are going to ignore whether the market goes up whether it goes down or whether it goes sideways because over time your Buy in price will average out and that is called dollar cost averaging but dollar cost averaging only works if you do it over a prolonged period of time now this is the simple beginner version once you get more advanced

like for example me I hate buying when the markets are up it pisses me off I do it it's automated but my banker knows we have a separate substantial amount of money earning interest and that is a part of money when the markets go down by certain percentages that's when we invest more into it on red days red weeks red months hopefully so I'm giving you guys the beginner information and then also what you can look like as you become more intermediate and even Advanced with your investing so why are we only investing in the

S&P 500 because historically the S&P has returned just over 10% and almost no hedge funds in the world can sustain such return over a prolonged period of time if you just keep buying consistently that means you will more than likely be able to weather any storm so even if the market tanks for a few years that shouldn't concern you because of your long time frame all you need to do is just keep buying and let compound interest take charge now listen of course past performance is no guarantee of future performance but it gives you a

pretty good Baseline to rely on and trust me you are way better off buying the S&P at stage two than any individual stock because at stage two you simply don't have the experience or knowledge to start picking individual companies to invest in so forget about that all together instead focus on Amazing compound interest because don't get it twisted you can still make serious money even just investing a few hundred per month as long as you do it consistently for example if you start with just $300 today and invest $300 per month that's less than $10

per day by the way you will be a millionaire in 36 years now of course that is still a very long time and you're probably going to become a million much sooner especially if you're watching and you're subscribed to this YouTube channel especially if you're in digital Launchpad or whether that be digital launch pad or you're finding other ways to invest in yourself to make sure that you are an asset that pays well trust me you are the best company that you could ever invest in if you are doing all of these things I guarantee

you become a millionaire in quicker than 36 years I told you my wish for you is to do it in the next 3 to 8 years I believe anything less than 3 years and sometimes it can ruins people's character you know quick money is not good money trust me anyways back to what we were talking talking about the thing about compound interest is that you need to be in it for the long run listen if you keep investing that $300 for another 4 years so 40 years in total you will have $1.6 million but if

you were to only invest $300 per month for half the time you'd only have $200,000 now what about tax and here's the most interesting thing you need to know you can actually invest in certain accounts that allow you to take your gains completely taxfree now if you're in the US you can open a Roth IRA and invest up to $6,000 $500 per year completely taxfree the only catch is you can only withdraw taxfree after the age of 59 and 1/2 years old now the UK has a slightly more advantageous equivalent called a stocks and shares

Isa where you can actually invest 20,000 per year tax-free and can even withdraw it any time all right now moving on stage three is very similar to stage two but now you're making some more money but you still need to be smart you shouldn't take too much risk really stage three is about solidifying the habits from stage two and learning to put more aside to invest so as I said to get to stage three you basically just do the same thing as you did in stage two except you just increase how much money you're putting

in everyone has different amounts that mean nothing to them you know for some people $100 a week is too much so they can only do $50 a week and that's an amount where they don't even know it's gone for some people it's $1,000 a week for some people it's $10,000 a week for some people it's a $100,000 a week and they don't even know it's gone so listen it all depends on your stage but remember what I said you are your biggest asset you okay so you go focus on making more money bigger career all

the stuff go invest in learning skills that will make you more money and then as you increase your value as an asset then go diversify and as I said keep investing into the markets but obviously now that you have more money that means that you can put more into the markets and that's really all stage three is is just same as stage two but take it up a notch now stage four is where it gets a little bit more interesting and this is when you're making five figures per month and have some spare money to

invest and at this stage you can take on more risk because you have your business that is generating you cash flow so listen at this stage you can start investing in crypto I'll be honest I put a million dollars into crypto November of 2020 I literally just had a million dollars sitting in one of my accounts not even earning me Interest I put it into Bitcoin and then split it up into ethereum very shortly thereafter and I mean the rest is history I'm no genius but I can tell you at some point you know it's

a funny story I literally even had on my YouTube I had my $7 million crypto portfolio and then I make a joke that hey next week it might be worth half I don't know and then the next week it was literally worth half I mean it was worth it went from 7 to 4 or something like that and at that point I held for another 6 to 8 months and then I ended up just selling all of it and these days I don't invest big into crypto because I'm more at stage five and Stage six

that I'm not even going to talk about here where I'm just all about preserving my wealth with boring fixed income assets the markets very safe double a grade properties you know I'm talking places like Central London central New York properties are not going to double but it's just safe they're always going to be in demand I've got my more boring Investments there and then when I want to take on more risk I have my property projects I'm in the process of buying a hotel at the moment this week alone I'm investing in two software companies

and buying the largest Equity stake except for obviously the founders let me put it this way the largest investor into two software companies this week and those are the riskier Investments so in stage four crypto was something that I did these days I'm not as into but if you want to at stage four you can start to do that you can also begin to pick your individual stocks this is something that I personally have never done but I have many friends that it's worked out for you know they have the time to sit and look

into companies and decide which one's the right one which one's not listen I own many many companies I don't have time to look at the financials and look at the reports and there because I would much rather do that for my own companies but as I said in stage four you can begin to really do this but if you are going to pick your individual stocks as I said you need to do your fundamental Research into companies you need to look at their balance sheets and you need to look at their income statements you need

to really dig into the fundamentals of the companies and pick a few that you like now of course you're going to keep doing everything you've been doing in the previous stages but you can also experiment with crypto and other more volatile asset classes now listen the richest people on Earth they don't make their money off their salaries they actually get it in stock if you look at Sundar who's the leadership at alphabet his salary is $2 million a year yet his total compensation is $226 million or Netflix co-coo Reed Hastings he has a very interesting

book by the way he's on a 650k salary but his total compensation was $40 million so the reason I said that is just there's levels to the game and understand that equity in businesses and ownership in businesses even if it's a tiny amount can mean a lot later down the line now stage five as I said there's actually a stage six but I'm not going to talk about that here stage five is all about about risk management and this is already once you've made your Millions here you begin to diversify your portfolio Beyond stocks and

shares and you can look to real estate and bonds so kind of as I already talked about in stage four in stage five you can start buying some property you can start buying some assets once again as I said even like hotels but I would say that that's more sort of stage six where it's like now you really have some proper real fun money to play around with but I'll tell you one interesting thing even bonds I had zero interest I didn't even look at bonds until I had at least an eight fig Investment Portfolio

and even at that point it was still a couple years until I invested in bonds it was only once Bonds were yielding five six sometimes even 6 and 1 half% depending on their rating but I can tell you that in October November 20123 I bought a crazy crazy crazy amount of bonds and if you told the version of me that was in stage four investing oh you'll be investing into bonds my opinion was always like oh that's so boring why would I do that and that's because in stage five a lot of it is risk

management making sure you preserve your wealth making sure that you have some riskier plays but you also have some defensive plays and to me bonds are always a defensive play it's always like okay let's make sure what we have here is safe so ladies and gentlemen I gave you some beginner Concepts and I even gave you some of my personal experience a little bit further down the line so you can kind of see where this journey might take you and where you can end up as an investor but all that to say that whatever stage

you're in investing should always be your thing on the side even at this stage of life where I make millions a year just for my investments alone that will never ever ever be as much a priority as my businesses as my companies and ever be as important as it is investing in myself because I know I am my number one asset all this other can get taken away Trust me but you as a person that is the biggest asset that you have so always invest into that so on that note I hope you enjoyed it

and as always I'll be watching from afar and I'll be rooting for you