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Crush The Wealth Gap

Crush The Wealth Gap

By Aman Bansil
This Podcast is dedicated to bring you the techniques and strategies you need to help you drive forward and become financially successful. The divide between the rich and the poor is widening every day; it's more important than ever to understand how financial education and internal drive can help you get ahead and Crush The Wealth Gap.

CrushTheWealthGap.com
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5 Tips to get Rich that Schools never taught you
Subscribe to our YouTube Channel: http://CrushTheWealthGap.com
11:41
October 18, 2020
What can a Millennial teach you about Money?
What can a Millennial teach you about Money? Let's find out. http://CrushTheWealthGap.com
46:58
October 16, 2020
Financial gurus to avoid
Who should you listen to when it comes to financial education? Let's talk about that. http://CrushTheWealthGap.com
05:04
October 16, 2020
Climate Change and its impact to World Economies
Climate Change and its impact to World Economies
02:21
September 13, 2020
Do Day Traders actually make money?
Do Day Traders actually make money?
06:53
September 9, 2020
How a 21 year old can retire a multi-millionaire (UK edition)
How a 21 year old can retire a multi-millionaire (UK edition)
11:09
September 9, 2020
How Stock Market Bubbles work: The Tesla Case Study
How Stock Market Bubbles work: The Tesla Case Study
15:48
September 9, 2020
How I went from 0 - 1.6M in 10 Years
How I went from 0 - 1.6M in 10 Years
15:52
September 9, 2020
You're wasting time | The Sit Down
You're wasting time | The Sit Down  Channel Support: Join Robinhood (1 Free Stock): https://join.robinhood.com/amans261  Merch (supports the channel directly): https://teespring.com/stores/crush-the-wealth-gap  Patreon: https://www.patreon.com/amanbansil (thank you!)  Get better at YouTube: https://www.tubebuddy.com/CrushTheWealthGap   My other creative works: http://amanbansil.com   Disclaimer: These are just my personal opinions; as always, do your own research and hire a professional should you need it.
13:29
August 30, 2020
4 Easy ways to avoid bad tenants | Real Estate
4 Easy ways to avoid bad tenants | Real Estate In this podcast: I am going to share my top 4 tips to make sure that you don’t end up with bad #tenants at your property. And at the end of the video, I may share another bonus tip, which is often overlooked but is a powerful tool for you to use to ensure that you motivate the renter to behave.  1) Which state is your #property in? For instance, in #California, it takes like 6 months to get someone out...I just spoke to someone yesterday whose property was completely trashed. It took him NOV 2019 until NOW (Aug 2020) to #evict the tenants! Here's the worst part: they didn't pay a single dime in rent or #utilities all this time, so he had to pay it while the pandemic is going on; he couldn't even shut off their water/electric - they threw parties and completely trashed it. They had 9 people living in 2 bedrooms. So, If this #property of his was in, say, #Nevada...well, it would take about 2 weeks to get a #Sheriff to evict a non paying tenant. So, that's tip number 1 - Buy in an owner friendly state.   2) Location (other than state): If the #apartment is in a good part of town, it's much less likely to be trashed. I had a #property which was in a good part of town and I had renters living there for a few years without any problems.  So, choose to buy property in a good part of town where people who can afford to live there are the ones that apply. Note that these places will ALSO have higher rents and therefore WELL PAYING #renters. If you try to go cheap, then you're going to end up getting a mixed bag of tenants.   3) Vet the person by looking at #credit score and #employment and #savings. You gotta make sure that they can afford to live at your place. You can even have their HR give you a letter indicating what their current salary is and how long they've been employed (and what the state of their employment is). Usually, pay stubs are ok; but I would go one extra step to get this letter.   4) (my fav) contract this out to a PROPERTY MANAGER and let them handle the vetting part. A good property manager is going to cost 8%-10% and they'll handle all issues for you. They'll remind them of #payments and make sure they are up to date. It always is best to remove yourself from being a direct contact with your tenant. The Property manager will lop on late fees etc to ensure they pay.    BONUS TIP: Watch the video!   If you liked the info in this video, please go ahead and Punch that like button. If you’re looking to start investing, click the #Robinhood link below to start investing and claim your 1 free stock. Channel Support: Join Robinhood (1 Free Stock): https://join.robinhood.com/amans261 Merch (supports the channel directly): https://teespring.com/stores/crush-the-wealth-gap Patreon: https://www.patreon.com/amanbansil (thank you!) Get better at YouTube: https://www.tubebuddy.com/CrushTheWealthGap My other creative works: http://amanbansil.com Disclaimer: These are just my personal opinions
08:16
August 30, 2020
Deal Middle America (A message for people who are struggling during Coronavirus)
Deal Middle America (A message for people who are struggling during Coronavirus) Channel Support: Join Robinhood (1 Free Stock): https://join.robinhood.com/amans261 Merch (supports the channel directly): https://teespring.com/stores/crush-the-wealth-gap  Patreon: https://www.patreon.com/amanbansil (thank you!)  Get better at YouTube: https://www.tubebuddy.com/CrushTheWealthGap   My other creative works: http://amanbansil.com   Disclaimer: These are just my personal opinions
02:13
August 30, 2020
How society shapes us | Let's talk Happiness
How society shapes us | Let's talk Happiness  Let's talk about how society influences us and our future behavior.  Today, we are going deep into Mindset and the theory around social norms and decision making.  Growing up, you were told to follow a certain path.   1. Go to school/college  2. Get a job  3. Get Married/family  4. Retire well   Where did these norms come from? Are these just some things your parents tell you so that you’d behave or is there more to them?  To understand a bit more, let’s start by thinking of your life as a series of possibilities. You start your life with infinite possibilities limited only by, perhaps, your social status. ButAt any given point, you have an infinite number of possible things to choose from; however, your past heavily dictates where you ‘choose’ to go next. Once you make a choice, you take that abstract idea in the cloud of possibilities and you convert that into an action and then a result. And your reality changes to reflect that result.  If we continue this process forward in time, we eventually arrive at the end of your life with all of your choices revealed and your life is now in the past with history never to be repeated again. Now, it’s important to note that this VERSION of your life is not the only version that’s possible. In fact, if you could go back in time and select different options in your lifetime, you would have a completely different outcome. In fact, there are infinite permutations of life events possible.  And if we charted these on a graph, we would see a normal distribution of possibilities ranging from a life full of despair and a life full of extremes of joy. And the middle being contentment/happiness. So, what do Social norms have to do with this? Well, the norms that I mentioned earlier 1. Go to school/college 2. Get a job 3. Get Married/family 4. Retire well  These all represent the most middle point in this distribution. This is statistically, the most common pathway that we take to yield a life outcome that is joyful and full of life. This is the NORMAL lifestyle of a human as described by our society. Social norms and our upbringing will push us towards this eventually. Many in our lives deviate from these paths: Warren Buffet, Elon Musk, - these are examples of societal elites who pushed the norms and did something different with their lives. For that effort, they are rewarded by society in material wealth and appreciation. So, they would fall somewhere right of the graph.  So, Why am I telling you this? Well, the short answer would be - control. It’s in your control how your life actually plays out. Now, I understand that many things can happen in our lifetimes which can derail our lives from these socially accepted norms, but, what we do with those circumstances is also within our control.  You must choose actions that create the right possibilities for you. If you family life is in shambles, you must take the appropriate actions today to fix the issue or to control it’s impact on you as much as you can so that you can drive your life outcomes towards happiness If your finances are out of control, then, you must learn and get control over your finances so that the other, more important aspects of your life dont have to suffer and compensate for your lack of focus.  Mere Awareness of this potential possibilities can make you think of life differently, where you’re not at the mercy of your life dictating where you go, in fact, you are in charge of your life and you ensure that you arrive at an end life that will be meaningful to you.
12:52
August 30, 2020
Employers don't care about you
Employers don't care about you Loyalty to an employer can land you in the poor house. Employers want output; it can be from you or from anyone else they seem as fit. Your job at work is to treat yourself like a business. Get higher and higher pay by implementing these strategies.   Channel Support:  Merch (supports the channel directly): https://teespring.com/stores/crush-the-wealth-gap  Patreon: https://www.patreon.com/amanbansil (thank you!)  Join Robinhood (1 Free Stock): https://join.robinhood.com/amans261  Get better at YouTube: https://www.tubebuddy.com/CrushTheWealthGap   My other creative works: http://amanbansil.com    Disclaimer: this isn't stock advice. These are just my personal opinions.
10:20
August 19, 2020
How I lost $360,000 and what I learned | Millionaire reveals biggest mistake
How I lost $360,000 and what I learned | Millionaire reveals biggest mistake  Video mentioned: https://youtu.be/ujvs6WrHqlw  If you're reading this, I wish you the absolute best in the Stock market. I hope you learn something from my channel and make your dream of investing come true, no matter where you are. Don't worry, it's not actually that complicated. You just need to listen to the right people. The gurus that tell you that you can be a millionaire trading options, day trading etc are most fakes or chance millionaires - and, yes, some may be very skilled. But there is a reason why the stat still holds that over 95-99% of the day traders can't beat the SP500 over long periods...so, why fight against math?  If you wanna learn, I'm here to teach. And this wasn't easy for me to just put out there...I'm trying to show you my loses so that you can see that it's not all rosy and blue skies out there. But, hopefully, you go away with a sense of hope.    Channel Support:  Merch (supports the channel directly): https://teespring.com/stores/crush-the-wealth-gap  Patreon: https://www.patreon.com/amanbansil (thank you!)  Join Robinhood (1 Free Stock): https://join.robinhood.com/amans261  Get better at YouTube: https://www.tubebuddy.com/CrushTheWealthGap   My other creative works: http://amanbansil.com    Disclaimer: this isn't stock advice. These are just my personal opinions.
17:21
August 18, 2020
How Capitalism Drives Innovation
How Capitalism Drives Innovation Channel Support: Merch (supports the channel directly): https://teespring.com/stores/crush-the-wealth-gap Patreon: https://www.patreon.com/amanbansil (thank you!) Join Robinhood (1 Free Stock): https://join.robinhood.com/amans261 Get better at YouTube: https://www.tubebuddy.com/CrushTheWealthGap My other creative works: http://amanbansil.com
19:08
August 15, 2020
How 2020 has Devastated Musicians (and other Creatives) and what to do about it.
2020 Income Collapse is hurting Musicians and other Creatives - How to make more money as a Creative working in the industry; we're going to review a musician as a case study.   Disclaimer: I don't know illGates in person, I'm only going off of the small clip I pulled from the podcast to illustrate a point. This video, in no way is a reflection of his financial situation in whole.   Links from Video:  How Compounding works to get you Exponential growth: https://youtu.be/MrWaDzsrVS8 My music: http://amanbansil.com  I'm a hobbyist #MusicProducer and I'm aware of the craziness that #2020 has caused for #Musicians around the world. I excel in #investment #strategy for the long term, especially if you have #capital coming in that you can't #invest properly. Proper #AssetAllocation is my bread and butter and I'm trying to address a need that I heard recently on a podcast. Frankly, it was heartbreaking and I could hear the fear in his voice. So, I wanted to record this to try to explain how investing is really really really important and how we can smooth out #income for Creative people who find themselves in a pinch right now. Obviously, it's too late to help those in trouble RIGHT NOW; but, at least, we can start the process to have them understand how to invest properly and how to take investing seriously to stabilize their incomes in the future. Let's go through this talk and let's see if I can convince you to start investing.      Channel Support:  Merch (supports the channel directly): https://teespring.com/stores/crush-the-wealth-gap  Patreon: https://www.patreon.com/amanbansil (thank you!)  Join Robinhood (1 Free Stock): https://join.robinhood.com/amans261  Get better at YouTube: https://www.tubebuddy.com/CrushTheWealthGap   My other creative works: http://amanbansil.com  
11:12
August 11, 2020
Case Study: Apple - Should you use stock splits as buy signals for a stock?
What Apple stock split really means for you & something else that's more important Support: Patreon: https://www.patreon.com/amanbansil (thank you!) Join Robinhood (1 Free Stock): https://join.robinhood.com/amans261 Get better at YouTube: https://www.tubebuddy.com/CrushTheWealthGap Grab a Hoodie: https://teespring.com/stores/crush-the-wealth-gap My other creative works: http://amanbansil.com
04:37
August 8, 2020
What's driving the Microsoft TikTok deal?
Let's talk about the Microsoft TikTok deal Support: Patreon: https://www.patreon.com/amanbansil (thank you!) Join Robinhood (1 Free Stock): https://join.robinhood.com/amans261 Get better at YouTube: https://www.tubebuddy.com/CrushTheWealthGap Grab a Hoodie: https://teespring.com/stores/crush-the-wealth-gap My other creative works: http://amanbansil.com
13:21
August 8, 2020
8-step plan to drive yourself forward to profit from the upcoming Real Estate crash
The upcoming Real Estate crash - are you ready? Support: Patreon: https://www.patreon.com/amanbansil (thank you!) Join Robinhood (1 Free Stock): https://join.robinhood.com/amans261 Get better at YouTube: https://www.tubebuddy.com/CrushTheWealthGap Grab a Hoodie: https://teespring.com/stores/crush-the-wealth-gap My other creative works: http://amanbansil.com
38:37
July 17, 2020
Immigrants are driven to succeed. What can they teach others?
What do immigrants really think about America? We often hear the classic cliches "the land of the free" but what do immigrants really think about America and what advice do they have for others? Support: Patreon: https://www.patreon.com/amanbansil (thank you!)  Join Robinhood (1 Free Stock): https://join.robinhood.com/amans261  Get better at YouTube: https://www.tubebuddy.com/CrushTheWealthGap  Grab a Hoodie: https://teespring.com/stores/crush-the-wealth-gap   My other creative works: http://amanbansil.com
12:09
July 3, 2020
Why the Human drive to get ahead can be a detriment to you in Day Trading.
Is Day Trading Worth It?  [Citations below] You'll often hear people around you recommend Day Trading in its various forms; in this video, I take a look at what the research says about Day Trading.   Citations:   1) https://faculty.haas.berkeley.edu/odean/papers/Day%20Traders/Day%20Trading%20and%20Learning%20110217.pdf  2) http://www.econ.yale.edu/~shiller/behfin/2005-04/kumar.pdf 3) https://faculty.haas.berkeley.edu/odean/Papers%20current%20versions/Individual_Investor_Performance_Final.pdf My other creative works: http://amanbansil.com  Channel Support:  Patreon: https://www.patreon.com/amanbansil (thank you!)  Join Robinhood (1 Free Stock): https://join.robinhood.com/amans261 Get better at YouTube: https://www.tubebuddy.com/CrushTheWealthGap Grab a Hoodie: https://teespring.com/stores/crush-the-wealth-gap
06:53
June 25, 2020
Fear should not drive you in the Stock Market
Stock Market Crashed   Rona, unemployment, and fed pumping trillions into the market with their printers BRRRRRR Should your strategy change overall when markets are doing this?  The market just an amazing bull run but the last two days have been a downward spiral and it looks like we’re about to drop even more. What should you do with your stocks? Since Feb, Markets have been volatile. In Mar, markets drop so much that it triggered circuit breaks in the market   Circuit brakes are market volatility regulations which were put in place in 1987 when the market dropped 22.6% in a single day. That was known as the Black Monday. A second incident happned in 2010 when Dow jones went down over 9% in 10 minutes. And then subsequently recovered before the market close. A lot of lessons were learned about machine trading on that day.   Level 1 - 7% drop - 15 min timeout  Level 2 - 13% drop 15 timeout  Level 3 - 20% drop - quits go home. We’re done for the day, everyone is just too panicked.   Now the question is…is the market going up from here or is it going down? Should you do anything differently for you stocks when the market is going down like this?  It depends on the type of investor you are. If you’re a trader with lots of leverage, I would not be holding margin positions as the market is dropping unless you’re shorting the market. But this talk is for long term investors so, good luck buddy; I suggest r/wallstreetbets to find others of your kind (I lurk there, yes...yes, I do...I'm not ashamed to admit it)...but check out r/bogleheads when you're ready Obiwan.  One thing is for certain, generally speaking don’t sell into a market crash because you’re likely to panic and then try to buy back in at wrong prices.  Psychology of Traders: When market drops, it create a panic which causes selling to occur - eventually there is a price where people buy…people think that it can’t go below here…and people buy in and they really load up…now then markets can drop even further…this is where the market had taken a breather and now it’s resuming it’s sell off. During this time, you shouldn’t load up, rather you should buy a little bit at a time..because the idea here is to buy around the bottom, not at the bottom.   Your fav stocks are about to go on a sale again.  Hold cash and wait for drops to buy into stocks that you already love…Add to your index positions. These market drops are the time when you should really load up and buy more shares.  As market drops lower, an investor seeks to buy more of the quality assets they already own, in my case that’s SP500 index as a the majority holding (85% currently). Buying like this allows you to take advantage of market fear and buy your fav stock or index at really good prices.  So, don’t panic and hold cash - look for opportunities to buy some more. Have a longer term outlook that is at minimum 5-10 years out - if not more (if not, my fave "FOREVER" outlook - where you hold forever and live off your stocks when you're ready - and I'm trying to get there wayyyyy before retirement). You’ll do just fine. If you’re at retirement age, you shouldn’t be playing in the stock market too much…but you already know that. Any 50+ years olds should have a well diversified BONDS, STOCKS, and REAL ESTATE portfolio to ride through the market craziness...actually, I have more videos coming SPECIFICALLY for people that are trying to retire well and not just GUN IT and make couple of multi millions like I'm trying to do. More on that later.  Good luck come join my YouTube channel, search for "Aman Bansil" http://amanbansil.com 
15:08
June 12, 2020
How to have amazing relationships
Best Relationship Advice Ever Life is not always about meeting financial goals; sometimes, 'wealth' means more than monetary wealth and having peace of mind can be just as important. In this video, I share a simple technique which has worked wonders for me. I truly believe that most of our issues that we see are related to us having unrealistic expectations of others. We need to make sure that we set ourselves up for success by dealing with our INTERNAL issues and not projecting them on other people we're with. This type of introspection creates lasting relationships.  http://amanbansil.com
06:41
June 11, 2020
How to create wealth | Masterclass for Minorities
The clip at the beginning of this video broke my heart when I saw it. I could feel the raw pain of this man (wearing the cap) and, in just a minute, I understood the systemic, generational wealth gap (and racism) that exists in the Black community. I can't help with the generational racism, but I can do my part in trying to educate minorities of all color about how we can all create Generational Wealth in our families and our communities. It's not difficult, it's not impossible, it just requires you to learn and apply those lessons and be persistent. I started with a negative net worth about 12 years ago; today, with 1.4M in net worth and climbing, I've learned a few lessons which I can share in order to help others. We gotta fix this. All of us who can, have to help educate; we gotta try.
30:39
June 3, 2020
How to use food timing to drive your weight loss results higher
Yea really. http://amanbansil.com
06:20
May 21, 2020
How to let Action be the path forward
We may think that thinking about something means something in the real world, but Action is the only thing that really counts. http://amanbansil.com
03:49
May 21, 2020
Case Study: How misguided drive landed this person in 9 Million dollars of debt in a few hours
Don't fall for get rich quick schemes like these. Invest sensibly and don't use borrowed monty (margin) to invest. Join me at my YouTube channel and watch this in video: http://amanbansil.com
04:35
May 21, 2020
How to become a Millionaire (really)
You've heard the 'get rich quick' schemes...now, listen to something which actually works. It will require you to do some hard work, but becoming a millionaire in Western countries is possible and likely if you just follow some basic investing advice provided by mentors like John Bogle and Warren Buffet. Join me at my YouTube channel and watch this in video: http://amanbansil.com
12:17
May 21, 2020
How to handle Anxiety of Expectations vs Reality
We all have to deal with people and situations in our lives which seem out of control. Sometimes, these situations can get out of hand and build up a response in our minds which create tremendous amounts of anxiety for us. Many times, a person may not be able to correctly diagnose the problem and fix it; however, generally, it's a problem of expectations being too different from what your reality is. Instead of attempting to control people and events, seek to control your own self illusions about reality and correct them to meet reality. This doesn't mean that you shouldn't shoot for your goals; rather, it means that you should be aware of how your reality is presently and be at peace while you focus on execution towards your goals. Letting go of the guilt of not being the perfect this or that is the only way to move forward in any meaningful way. Join me at my YouTube channel and watch this in video: http://amanbansil.com
17:18
April 19, 2020
Improve the quality of your life through Gratitude
I know this seems cliche, but, being grateful is the single best thing you can do to heal yourself and every single relationship you are a part of.  Click here to join me at my YouTube channel and watch this in video: http://amanbansil.com
23:07
January 12, 2020
How to Invest properly
You know it, I know it, we all know it - Investing is important; however, many of us make tons and tons of mistakes while trying to invest for our future. These mistakes range from not starting to investing in a manner which is too risky. I share my story with you today about the time when I lost everything and had to build my finances back up to a healthy level, not only surpassing my account value but doubling it within a very short period. I did that through simplified Index investing as John Bogle teaches and by aggressively investing the money I earned from other sources. Also, please join me on YouTube, TikTok, Instagram, Linked in: Search for 'Aman Bansil' Click here to see my other creative projects: http://amanbansil.com
15:42
December 6, 2019
How to Define Yourself
Play by your own rules. The limitations that others have on themselves have nothing to do with you. If you think you can tackle multiple projects at the same time, do it. Not everyone is built the same way. It's time to be honest about that so we can put feedback in perspective.
04:20
November 16, 2019
How to get a job and start your career
This is an A-Z guide about what to do after College/School and how to enter the Job Market. I share strategies with you which will work TODAY in our dynamic Job Market. I explain this topic from head to toe. Audiobook on how to get a raise: https://amzn.to/2ordV8E Audiobook explaining how to Invest properly: https://amzn.to/2PqaQ3C Skip (if you'd like to the portion you're interested in; however, you need to understand the whole thing head to toe) 00:40 The structure in School vs Job Markets 1:40 How to navigate the Job Market 2:00 Your Market worth 6:10 How to Market Yourself 7:39 Write about yourself to start 8:40 Research your field 9:04 Narrow your search 10:07 Gorilla tactics (the ground game) 18:30 How to Interview 19:58 How to work at work 20:54 Negotiate salaries 23:17 Business owner (Entrepreneurship): Hint, this guide is not for this; however, your Job can be a stepping stone or a side hustle feeding your Entrepreneurial ventures. 23:53 My closing remarks and advice 26:53 Last minute pro tips about Investing and growing beyond a job
28:55
October 28, 2019
How to Just Start
We tell ourselves that we'll start tomorrow, the first day of the week, or maybe next month. The starting action to our goal is always in the future; in this episode, I share my personal experiences and the power of jumping into your next action without preparing. Also, please join me on YouTube, TikTok, Instagram, Linked in: Search for 'Aman Bansil' Click here to see my other creative projects: http://amanbansil.com
15:00
October 12, 2019