Secure Your Financial Future with One Easy Step! - Mendel Feferkorn - Pushet Pshat • Ep 24

[Music] situationally. S&P 500 is a group of 500 strongest companies in the world. [Music] shot. Family connection family connection. Sure is my first cousin. Oh, okay. The family. So, usually Um, episode for the for is like do a proper introduction. Okay. So, let's give you a proper introduction. Grief and the most famous mention and who we are. Fore! Foreign! Foreign! model. Frankle in and Hesco in Vosner. for good time. I'm below zero weather. Fore [Music] game of day. for I know chips survival mode. Real survival mode. because it was impossible. Coronites. Um, start. So, And all of a sudden it's explode to to to next level and it's nonstop. Food Australia and it's not stopping and I would I would do it because at this point maybe I but at this was guide for and the more messages it's limitless. Definitely. This is definitely what could I do for this world? And all of a sudden, and literally question. So, never to me it's a surprise as no other. Okay. Okay. stage. Well, mention for mention it's like you have to relate in a meeting kind of shocked mentioned in London are living on a very different level than most of the people that I know in the world. So I said mainly the lifestyle of the manion the the the needs is way less than all over the world. Let's continue this one. a family. Again, I bump into people. I ask questions. Just to ask you questions. Um living within your means. Now, living within your means, but I don't know. on a daily bas Everybody it's like Uber Eats like so totally different KHK is a land community for over a decade then the leading vendor was abundant developers see maximizing the potential for the future projects they're providing loans for undervalues for HMO projects for developments including ground apps and air spaces they're providing 100% of the costs they offer amazing service dedicated throughout fast turnarounds they're providing personal relationship manager then on hand all the time out of their way service easy underwriting process and providing loans fee minimum term. So they can provide that as well. Contact representative on 07523698122 dove khk.co.uk be careful with your credit cards on a daily basis. definitely lessen the culture exist of course. So I will adjust but say behind behind you guys will get there. No, but now is the time to encourage. Yeah. I walk out with $250. Full week shopping. Full week shopping. Yeah. And this happened in England and this happened in Europe in the problem. I agree. But mention how to behave is almost impossible. It's naturally going to happen. But the whole reason awareness. Be aware before you do it. What you do is taking away your kid's future. So platform platform I have a message to deliver and you know in what happened was nephew is the owner in the shift and um article about my company. My company's publishing an article of my company in the business section. I said 500. Okay, no problem. Not alone. That little column hit fire. Wow. Because it resonates to every person in the world to everybody. whatever and I have a solution to the problem for Kisu and from Don the rest is history was the problem with the was the solution from the S&P 500 we'll get there which problem does it address right so we'll get there what what the yeah the final touch of the product. But let's how we got into it. Yeah. Okay. And there's this history. It it literally exploded. I mean once the minutes we are up a crisis we have an issue. We don't know how to solve it. system. Everybody came up with a solution. literally resonates to everybody and it's something so simple that everybody can do and you can see the front of your eyes. So, I don't know what I did for it, but definitely And I literally feel it that way. Yeah. The core issue was the core problem. So the situation is like this in the generation. generation, previous generation. They came not even a nickel in their pocket. They had to start making life by themselves. guilt cherished every dollar they had. They didn't have stuff. All they had to do is themselves build from scratch. They had nothing to live off. They finally came to America, started building their own empires and slowly slowly built wisely. Many times speeches. Oh god. White fisher fish. Whatever fish was the concept in the regular sandwiches was totally out of the dictionary. Wasn't even within their means. generation or for his lifestyle. There's no such a thing. And this is how they lived and lived and lived. The next generation fish but it's part of society day by day step by step level of lifestyle. business. And and and matching designer clothing. Allah's finally 85% why So, whatever you call it. But know your means. Understand Whatever your financial futures are, and if you don't, you you you you're missing the point. What we're talking about is the point. Well, within their means on a regular basis, I can afford but for the future. So they're gonna run in into a problem at some point. So that's exactly my message. Yeah. Understand? Just just understand. is going to be good because it's not the question is you choose your way you want to go. [Music] for right. So for the difference. Usually it's a total different automatically. This is a total different. It's every night the same show, different actors. outfits. The ladies and excited everybody and it's replays every single night. Many times you crashed physically rules crashing crashed. Stop the madness. One big problem that we have is called entitlement. It's called entitlement. Is entitled just for no reason. N for no reason. Just play it. It's You don't get everything your eye sees. For no freaking reason. It's a yes world. It's a yes world. He said training in military situation the resistance is going to fall. We do not put in resistance in our communities and our kids and they fall. feel anxious and and there is no stop. So the first thing is what's wrong. You can't afford by every speech. The saddest thing is to me for the invites. Music flowers decor. Think about it and it's ridiculous. So, how do we stop this matters? Cave vacations. K vacations offer the ultimate experience from Zimmer vacation in Europe. Top program top class Americana standard a beautiful beautiful spaghand is the top the number one crucial hotel program in Europe. contact cavocations of 02034885854 or in the US of 7186824564 of email [email protected] of their website k-vations.com stories like this unless situation trying to commit suicide. Attempted suicide is he literally want to commit suicide. So situation like each side over $100,000 call it in England is a $70,000 plus and the saddest thing is between 20 and $30,000 the whole the physical party the the the the the jewelries, the presents, the zil, the the flowers, the makeup, the Sesame chicken. I get to put for sure the music the whole of course probably You can Save thousands of thousands. [Music] Fore change physically. Everybody says is a very known famous you know you know the famous and it's it's it's just so what is the solution then so the solution is that's the only solution individually. But in general, and everything was back with interest. But the fact is Okay. Okay. So, but watch The question is definitely nice outfits outfits. This is tak England the holidays in America the countries. So whatever you should call it it's for a highway on the highest speed and on a disaster land. I mean there's no doubt about it but so the only the only way I can see is ma mentioned aware just bringing up a little awareness to people understand the value of a dollar and this is what you made your mission this is what I made my mission set up accounts. You live once. is only the positive way which means I came up with a solution with the right solution which I feel is something that every single individual can accomplish evening minimum wage A dollar a day. Yeah. 365 days a year. times 10 is 30 $35,000 times 20 is $7,000,000. So is means you have to do that you open up a savings account. I like to use brokerage account like the S&P 500 because it showed to have a consistent return of an average of 10% or above. SP00 get the full gist of it. Okay. So simple says a dollar is kind of over $20,000. Hinden hind that's it. So it's a $5 a day five days a week is $25* 4 is 100 times 200 and he likes this in a fund which would give you an average return of approximately 10%. The problem but the problem is the inflation is approximately 2 and 12%. So you physically lose 2 and a half% every year of your money,000 problem easy access to it. Sorry, but so you put it into something like the S&P 500 which has a track record and a proven track record. No, anybody's of Google or anywhere you're going to do a search and look at the history had a track record of proven of above 10%. Philips crash with all crashes because for instance fur is gain up 22% is getting 29% and is going down 12%. So now S&P 500 let's understand likes to run in an account steady companies slowly. with $5 a day slowly you accumulate shares upon shares upon shares and it ends up being like get an average return of 10% invest S&P 500 is a group of 500 strongest companies in the world companies the S&P 500 companies in Japan market or in the English market or whatever. But in general, America is at this point most probably and and and and most biggest companies in the world come and make their business in America. Even though they manufacture outside of America, but America is still the strongest place in the world. So the S&P 500 group belings in London might S&P 500 g in S&P 500 companies their companies changing constantly companies going bankrupt 500 mean the company producing as a certain way and a certain amount of money assets the exact numbers research on it. But basically physical up now companies let's let's take it for instance V which is managed by Vanguard so companies Vanguard fidelity companies management companies so the host management companies managed a bunch buildings manage company management company the management company which manages all these properties This is basically what she is now building formula. of a percent. So companies allocate research companies management company was managing the funds in their companies. S&P 500 fund was like dollar for dollar companies for the for equal 7% a year aggressive technology allocate assets and technology and in the S&P 500 funds is let's say V has a fun VG focus focused of the growth, the growth semir aggressive, semir more profitable and at the moment VOV was focused more on Coca-Cola value companies and a more solid companies established brand established brands Coca-Cola a certain amount of money but consistent income growth growth if it's if it's better Because the higher the reward, the higher is risk. No matter which business you go into, no matter what you do in your life, the higher the reward, the higher the risk. The highest reward the funds dive because the higher, the higher is your risk. It means that the the dive is going to be in the long run. Maybe the the high value is better in the growth fund is better because even growth is given 10% in the center because the middle and this feels kind of this is the Because don't waste your money. He doesn't see fruit. But when he takes his money and he opens up an account for each individual child systematically starting because you start pumping in a little bit more money there. You give a little bit gas. You know, because you have to build up and by the time one of the main reasons why we lose is because we don't we lose track is simple. Spending the house slowly slowly babysitting money, whatever you call it. Let them be part of building this. part of building this path and listen their path to whatever is 100 150 whatever you end up making and you should start it as young as possible when your expenses are little because then high school kids your expense are so high you can't get it but when you're young as much as you push into there for is down payment for and spend it wisely. You better believe it. And it's so wrong. 95% 95 I would say 98% of the expenses are the parents neighbors and he go walks out a proud This is our proudness and cut on all the other stuff that is really going on and whatever. But again, Be proactive. Be reactive. Guilt is guilt. Exactly. pointing the S&P 500. The S&P 500 is American fund, England, in Europe. invest in the S&P 500. So in general market this is in real estate. This is this is a regular business in Romania. So it's always better to be at home in American invest in America. here in England invest fortunately the American stock market has shown to be the strongest market in the world for the past 100 years and English American markets it's very easy to do today the same but again tax laws in England for instance you guys are the best off you have so much good laws that for the English but you have situations where you can physically go and and and and open these accounts and have such tax benefits up to 20,000 a year is totally taxree and children's investments is totally taxree and retirement is totally taxree. So you guys have a very very good programs here in England but in America is but again So building wealth in these guys, but it's mentalities right away. This is the taxes. Exactly. Correct. Correct. The best build. You wouldn't believe it if he puts in500 a month. for000 by the time I exp,000 something else. He will have in that fund over $500,000. He could take out every year 70 80,000 and wait another two years. It's going to rebuild itself to the back to close to that 500. I'll try to help retirement is a terrible serious company 401k retirement fund. The fact is generation retirement retirement for retirement and especially in England. Yeah. Everything goes into that fund because that's the best growing fund at this point. keep a separate account. There's a retirement. So, and has different tax laws. Yeah. Has much different benefits account and the final chapter is life insurance. Life insurance is a must in term life insurance whatever you call it for a million dollar coverage. Unfortunately, providing family. So is preoccupied providing for his family. He does whatever he can in the medical field. Whoever sells funds the fund companies like Vanguard and Fidelity all those don't give commissions. Why? Because they have trillions of dollars in their funds. They don't need you. Yeah. So if I mention some kind of referral fee like anything no we could send you a penalt and because they don't even they charge money for it but but but but but but so nobody and I decided life insuranceally most of the situations was disaster unfortunately it's fine I want to I want to I want to thank you and looking forward and hopefully. Thank you very much. 30 second message 30 seconds message is live responsible today for your better future of tomorrow. It's very simple. Bright future. Live today for tomorrow's bright future. Wow. To give a final summary, the total situation steps. Four steps of life is living with responsibilities within your means and you're not overspending and understanding what the value of your money is. a separate account in consistency either weekly or monthly for each individual child a set amount of money wherever your budget fits. But you should do at least $5 or5 whatever you call it per day. And if you calculate it, it's $25 or 25 pounds per day per week. And total and if you do that to the $100,000 and if you put in a few thousand at the beginning, you'll get the boost makes it work. It's very very important to set it up. We must go automatically because what happens is then it never happens. You open up an account for each individual child and you make sure it's set automatic and let it ride and run and don't look back. Don't look nothing. He put it into an account. And the next item is the retirement and in England is um pension. So that I wish the healthfulness of and the final final chapter was especially for in the in the in Americas [Music] heart left and right and all these kind of things term life insurance but it does not cover enough take it really serious life insurance is a must for each individual ual person. So reiterate, live responsible, put away for your weddings like retirement life insurance. Um check 58% hidden in America.