Listen: J. O., NFL, Nuggets discussed on Power Trading Radio
"You can score some passes there now Very a minute ago you were talking about, job and somebody going and getting a second job and how that usually gets us further away from our goals because we talk about financial freedom right and I always like. To emphasize the word freedom because, you can, go get another job to generate more money which would be the financial part but that actually takes away from the, freedom part and that's where the financial. Markets can be can, be so useful because you don't have. To put in a fulltime job worth of hours to generate really that fulltime life and when you look at job you know that's why I like my one of my favorite acronyms. That I was like to throw it in the show is is what job stands for our listeners you've heard this. Before but job stands for just over broke j. o., b.? Because we're generally in a. Situation where one of our biggest fears is that we lose, that job. Because we rely on that job to. Support everything that we have and there you made a great point about the the average millionaire and the multiple. Streams of income that they have they don't have those, sleepless nights worrying. About their job right because multiple streams of income and. When you have those multiple streams when one goes, away. That's okay, you, just, strategically, go, and build. Another and I think that's one of the, big things that. We could spend a little bit of time on. Here what are some of the what are some. Of Those. Multiple? Streams of income the students are generating right now on the markets well you just said something very powerful you, said emotional strategic that's really the, key when students come to us for the very. First time they're highly emotional they're living in their comfort zones they've been told their whole life this is too hard I can't do it or I can't make money in. The markets are every time I've, tried I've, lost money so they create this head trash the idea that you're gonna lose over and over again in the markets, not a safe place to invest your. Money well that's completely, the opposite because one of the things. That we spend a lot of time with our students on is teaching them how to be more strategic well it simply means is being patient waiting for those trades to come to. You I heard one person actually describe it as like a bird of prey they sit in a tree and they. Wait patiently for that moment to swoop same thing happens, in? The markets there will be. Times where you're going to be able to see opportunities arise. Over and. Over again based upon where the big. Banks and institutions are buying and selling and you'll be able to participate in those movements you know most people. Come in and basically I like to use my Poor which. Is passing over opportunities. Repeatedly they say year after year I've got plenty of time I'll get to it and the. Problem is they don't and instead. Of generating multiple streams of revenue. What they realize is. Dependent upon these other jobs maybe there's a couple of extra zeros at the end of their. Income because they never learned how to manage their. Money and grow it properly it just turns into extra zeros at the, end of the year expenses so really it's. About, the nuggets here is getting yourself educated understanding how to protect your money first and foremost and again this requires no special training other than learning the right. Way, to do this and that's where a lot of people miss the Mark they. Try to do it by themselves and they fail miserably when you talk. About passing over opportunities repeatedly it reminded me of something that one of my. Buddies used to always say he's. Actually my buddy because he's a great friend of mine is amazing mentor but he always used to say the only person making money passing isn't NFL quarterback and he'd, say and I don't see a number on your. Back but, it's kind of an interesting commentary to go along with that Because, really that's what, happens is when we pass on these amazing opportunities.."