Time to Wake Up

In this video, Chris begins with a short story about the founder of FedEx, Fred Smith – “The founder of FedEx saved his company from bankruptcy by going to Vegas, gambling its last $5,000 on blackjack and winning $27,000 – enough to keep FedEx going for another week while it secured additional funds.” Chris goes on to share with the viewer that he finds many of his clients, no matter what age they are, are constantly worrying about being in debt. Chris reminds the viewer that thanks to the United States government, we are already in debt to the tune of $20 trillion, and when you break that down to each person in the country, each one of us in debt already by about $60k, including children. Chris shares this information to keep things in perspective for the viewer… If the government already has its citizens in debt, does one really need to stress about student loans or car payments or a mortgage? Chris concludes the video by telling the viewer that if they have an idea they are passionate about they should do their best to make smart, calculated decisions, and they should try to take advantage of the capitalist system we live in and not fear debt. They should go all in like Fred Smith, go all in to live their life to the fullest, and never look back. They won't regret it.

Baker DMM has prepared this video for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

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