New video by Evan Carmichael on YouTube

What’s the Difference Between Investing for Income and Investing for Wealth?
✎ Get free access to our vault of PDF summaries for every YouTube video here: https://ift.tt/or3YKUD ✎ Check out my NEWEST video: https://goo.gl/E0eE6m ✎ To get more details on all the research and studies mentioned in this video check out the articles below: https://ift.tt/2dJamUF https://ift.tt/mZel3gG https://ift.tt/bkzOsLS https://ift.tt/6C5Dakb https://ift.tt/ornsibe https://ift.tt/VuaO7cr https://ift.tt/LXzqfZv https://ift.tt/yJl6Btz https://ift.tt/7PJeAxc https://ift.tt/fHMKnNI https://ift.tt/zil3FQC https://ift.tt/GfJj1XA ✎ A lot of people mix up making money now with building wealth for later. I got a question from Lina Marie that sparked this breakdown. Jeff Bezos didn’t build Amazon by chasing quick wins—he delayed profits and focused on growth. That’s the mindset shift most people miss. If you’re trying to build something meaningful, you need to know the difference between income and wealth. Choosing wrong can keep you spinning your wheels for years. ✎ Income investing is all about getting paid regularly. Think dividend stocks, rental properties, bonds—assets that put cash in your pocket every month. Kevin O’Leary and Robert Kiyosaki talk about this a lot. It’s how you stay afloat while you build. When your business isn't making money yet, this is what helps you keep going without giving up on your mission. ✎ Wealth investing is about patience and long-term vision. Warren Buffett reinvests everything. Elon Musk put all his PayPal money into new companies. Steve Jobs and Sara Blakely went all in. It’s not about short-term rewards—it’s about building a legacy. I lay out how to balance both paths so you can create freedom, stay in the game, and build something that actually matters. ★ BOOKS ★ • Momentum: https://amzn.to/3kJZIAv • Build to Serve: https://amzn.to/3XZiCSg • Your One Word: https://amzn.to/3R9qVII • The Top 10 Rules for Success: https://amzn.to/3JcNZVe • 254 Confidence: https://amzn.to/3jdh9c2 ★ RECOMMENDED VIDEOS FOR YOU ★ If you liked this video, you'll love these ones: • This Is Why You Can’t Stay Focused! - https://youtu.be/aqgPes7Y9x0 • How Do You Find Your Purpose? - https://youtu.be/qzCF_cW_Tdk • This Is WORSE Than the Worst Advice You’ve Ever Gotten - https://youtu.be/0-bsG4n18-o ⚑ SUBSCRIBE TO MY CHANNEL ⚑ If you want to do great things you need to have a great environment. Create one by subbing and watching daily. http://www.youtube.com/subscription_center?add_user=Modelingthemasters ツ CONNECT WITH ME ツ Leave a comment on this video and it'll get a response. Or you can connect with me on different social platforms too: • My Live Calendar: https://ift.tt/DwhryZO • Instagram: https://ift.tt/FT068v5 • Tiktok: https://ift.tt/fA3T5zP • Discord: https://ift.tt/APRyf4G • Twitter: https://twitter.com/evancarmichael • Linkedin: https://ift.tt/HChKD2q • Facebook: https://ift.tt/r4kabWP • Website: https://ift.tt/8kA6CFJ ----------------------------------------------------------------------------- Thank you for watching - I really appreciate it :) Much love, Evan #Believe


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