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No BS Investing
United States
Приєднався 27 лип 2019
Financial education without the upsell. I am not here to sell you a course or trade alerts, but rather share every bit of finance and economics knowledge that I have with my audience so we can all grow wealthier together.
Greatest Life Changing Personal Finance Lessons
These are some of the greatest life-changing person finance lessons I have learned.
Переглядів: 22
Відео
New 2025 Tax Brackets: What You NEED to Know
Переглядів 20812 годин тому
The IRS just released new tax brackets for 2025.
Shrinkflation: The Sneaky Way You're Getting Cheated Out of Money
Переглядів 18319 годин тому
You are being scammed by shrinkflation. Every day items are getting smaller and smaller, so that manufacturers can raise prices without you noticing.
What's REALLY Happening in China Right Now?
Переглядів 1,6 тис.День тому
WTF is happening to the Chinese economy? They are having a housing crisis that is spreading globally and all of their stimulus can't prop up their economy.
How to Build Wealth With $0 | The Easy Way
Переглядів 18914 днів тому
How to build wealth starting with $0. Anyone can do it!
I Built an AI to Predict the Next Recession
Переглядів 30214 днів тому
I built and trained an *AI* ML model to tell me whether or not we are heading towards a recession.
How Much Money You Need To Live Off Dividends
Переглядів 1 тис.21 день тому
How much money do you need to live off dividend stocks?
What Net Worth Puts You In Upper, Middle & Lower Class?
Переглядів 3,5 тис.21 день тому
What Net Worth Puts You in the Upper, Middle & Lower Class? We use Census Data to find out.
How Big Tech is Making Us Poor
Переглядів 4328 днів тому
Subscriptions and hidden fees are getting out of hand. Watch this video to see how subscriptions are milking every penny they can out of us.
America's Middle Class is Disappearing
Переглядів 621Місяць тому
Is the middle class dying? Is the American Dream still alive? This video explains why everyone feels broke.
The Internet Is Breaking | Here’s Why
Переглядів 2,8 тис.Місяць тому
The internet is breaking. Everything is now a subscription, and even that isn't enough to let you escape the ads.
Why Warren Buffett Is Sitting On A Record $277 Billion Cash
Переглядів 1,2 тис.Місяць тому
Warren Buffett is sitting on a record amount of cash. Does he see something that we don't?
The BIGGEST rate cut since the 2008 Great Financial Crisis!
Переглядів 141Місяць тому
Learn more about the recent interest rate cuts by the Federal Reserve. What will be the consequences?
Best Credit Cards for 2024 - MAXIMIZE Your Rewards!
Переглядів 834Місяць тому
I ranked the best and the worst credit cards of 2024.
What Net Worth You Should Have By Age 2024
Переглядів 2,6 тис.Місяць тому
This video is about the average net worth by age, and tips and tricks to get ahead or catch up.
The Hidden Forces Stealing Your Wealth
Переглядів 66Місяць тому
The Hidden Forces Stealing Your Wealth
Preparing for a Possible Recession: What You Must Do Now!
Переглядів 852 місяці тому
Preparing for a Possible Recession: What You Must Do Now!
The Unseen Crisis: How Credit Defaults Will Destroy the Economy
Переглядів 552 місяці тому
The Unseen Crisis: How Credit Defaults Will Destroy the Economy
The 2024 Auto Industry Crisis Explained
Переглядів 2,1 тис.2 місяці тому
The 2024 Auto Industry Crisis Explained
I Can't Believe Grocery Prices Have Gotten THIS Bad.
Переглядів 672 місяці тому
I Can't Believe Grocery Prices Have Gotten THIS Bad.
The Great Reset | This will change your life!
Переглядів 582 місяці тому
The Great Reset | This will change your life!
US Bankruptcies are on the RISE in 2024!
Переглядів 512 місяці тому
US Bankruptcies are on the RISE in 2024!
Will Real Estate Crash in 2024? | The Big Question
Переглядів 762 місяці тому
Will Real Estate Crash in 2024? | The Big Question
Top 10 Secrets To Become A Millionaire
Переглядів 274 роки тому
Top 10 Secrets To Become A Millionaire
Thanks for watching! Do you have any life changing finance tips that I did not cover in this video?
I use HR Block. Unfortunately MN is raising taxes all over so I don't think I will be seeing much savings
Dang, that’s frustrating!
Who the f**k cares, there will always be people better off or worse off than me.
Thanks for watching!
Worst offender I’ve noticed are Häagen-Dazs dropping from one pint (16 oz) to 14 oz while the price is frequently higher than the 16 oz, when it was available. Also, as you observed, TP changed from plastic wrapping around 12 or 18 rolls to now using paper wrap. One thing that changed is the advert on the packaging that “the roll will fit on your TP holder or your money back” has been removed. Today’s rolls of TP more easily fit but that’s because each sheet of Quilted Northern is thinner and the roll doesn’t include as many sheets. I’ve never given so much consideration to adding a bidet toilet seat as I have over the past 12-18 months. It’s all a big pain in the @$$.😅
It’s truly ridiculous! I’m with you, a bidet is probably the way to go. Especially because people keep buying all of the toilet paper every time there is a potential supply chain crisis. People raided the to after the port strike, and it isn’t even a major import, we make most of it in the US.
I noticed that my favourite chocolate, Black and Green, was a victim of shrinkage!!!! (and not the type that George went through on Seinfeld) 😆
That is tragic!! I also love the Seinfield reference 😂
Thanks for watching! Do you do your own taxes or pay a professional?
Thanks for watching? Have you noticed anything you buy has started to shrink?
😯 🇨🇳 will be fine✌️👏👏👏👏✌️
I’m sure it will over the long run, markets are very cyclical!
China ripped off America for far too long... Trump put a stop to it and their economy started to collapse
China is having a PARTY. Didn't you see the aunties Twerking it?
nothing is happening, your all just brain washed with what the west tell you
Source?
@@nobsinvesting do your research and youll find it, your old enough im not your dad
Alot of economies are about to have trouble like Europe and America. We are all heading into a recession and some a depression
True! All of the global economies are very interconnected.
why does everyone have those same shelves
@@zacharygodwin4557 Because they are cheap and look nice 🤷🏼♂️
IKEA 😅
@@rebeccaaldrich3396 Worse, I got mine off Amazon 💀
You don’t think deflation is also a byproduct of efficiency in production? Think you might be misguided on deflation be a bad thing.
There is definitely some pros to deflation, especially when it is due to efficiency. But it also causes people to stop buying things, to wait for the price to drop, which causes the economy to slow down. This is why the Fed freaks out when inflation gets too low and turns on the money printer and slashes interest rates.
This is cogent, well-done breakdown.
Thank you so much!
Thanks for watching! Is the world ready for the impact of the failure in the Chinese real estate market?
It’s like Japon 30 years ago
@@HugoL.-uy4mw Could be! That would not be good!
A decent house in a nice place is easily $1.2 million.
It can certainly get out of hand! Meanwhile $1.2 million can buy you a mansion in the Midwest.
Thanks for watching! I hope all of you are able to become wealthy!
Considering that the Fed fudges or outright fabricates many of these numbers, just imagine where we really are in terms of recession right now.
That is definitely the scariest part!!!
Thanks for the video. I live in the greater KC MO area. Although costs have risen - nothing compared to east and west coasts. I’m originally from the east coast - I love living in flyover country. 😂
Thanks for watching! KC is an excellent bang for your buck, I’m glad you like it!
Class is probably better measured by wealth So middle class is financial freedom. When unearned income exceeds living expenses. Working class is getting there. Wealthy class is enough unearned income to cover multiple households living expenses charitably ❤
That’s certainly a good way to define it!
Do you have blue light blocking glasses?
Yes I do! I stare at screens 10-15 hours a day, 7 days a week, so they help a lot. If I don’t wear them my eyes get fried.
What if you wealth is invested heavily in tax deferred instruments? Then you should take out your expected tax burden? That is why I HATE this BS information.
The numbers are probably a solid mix of varying degrees of tax deference. A huge number of people have standard 401Ks.
The dedication to create a whole ML model just for it to tell us we already in the recession😂
It felt like a slap in the face 😂
Thanks for watching! Do you want to see more tech + finance fusion videos in the future or was this too technical?
Oh yes, 15k per year for 40 years, let me tell my 20 year old self to hurry up and invest 15k a year… oh wait… what percent of the population of 20 year olds can do that?
Fair! Start at 25 and retire at 65. Also those are just round numbers to make it easier to understand. You can start much lower and ramp up as you are making more money.
@@nobsinvesting lol, median of a 25 year old is 50k pretax, 45k after tax, save 15k, left with 30k, rent for 1 bedroom is 1500 a month, 18k a year, leaves you with 12k, healthcare, cell phone, food, car payment, on 1k a month? In what world? I wouldn’t call that realistic
I’m team subscribing. Much better returns
My man!
I make 115k a year in a low cost state. After making 30to 50k for years after the Great Recession. I’m 43 with a 2 million networth. With that said looking at those charts I’m probably in the top 5 percent for my age bracket. However i certainly don’t feel rich.
That’s fantastic, congrats! That’s definitely fair, with all of the inflation over the past decade, a million dollars isn’t what it used to be!
Class has more to do with how you were raised and where you want to School, than money ever will!!
That is certainly one way to define it!
Thanks for watching! Are you on team dividends or team growth stocks?
Couple here , retired 1.6m
That’s fantastic, congrats!!!
Is that before or after you deduct any expected taxes?
Net worth is all assets minus all liabilities.
Way over $610,000 and still growing
That’s fantastic, congrats!!!
Depends on how you define class, by job , by wealth or by how one conduct oneself. A lot of people with good jobs and money have no class.
Totally agree! There are many ways to define it.
Your job has nothing to do with class.
Exactly!
Having a little financial literacy can help you go far. If they even just simply taught people in school the difference between liabilities and assets. Then I guess society needs the consumer class.
I completely agree! Everyone should be required to take some practical financial literacy classes in school.
I have come to the conclusion that the wealthy don't want such education in K12. They intentionally want to leave it to the individuals. Off and on you hear finance education proposed on TV/radio. Nothing ever seems to come out of it.
You might be onto something there… The current education system was designed to churn out factory workers, not free thinkers.
@@nobsinvesting The way the money system works, is almost like a self balancing system. So it kind of needs people at all levels. If everyone had a million dollars, then everything would be relatively more expensive, so it would rebalance to average.
@@anthonyroberts7641 that is very true! Capitalism always tends to balance out in a pyramid shape. That being said there is definitely room for some mobility within!
I wish people would stop making this claim that if you get more than $3 a day to live on you are in the top x percent of the world. Its total nonsense. What matters is cost vs income in your area not total income. If you live on $3 a day but bread where you live costs $0.02 then you are doing well, on the other hand if you live on $100 a day but bread where you live costs $50 then you are doing very badly. Yes these figures are made up as extreme illustrations but the point is what you live on a day is irrelevant only that income vs cost in your area matters.
You make a very good point! It’s definitely not apples to apples. I just left that in there in case it made someone feel better about their situation. I do not want to discourage or demoralize people.
Sorry but class is not determined by net worth. Class depends on educational level and your particular value system. There are temporary multi-millionaires who never move above the poverty class.
Thanks for watching! I didn’t make this up, you’ll have to take it up with the US Census bureau, these are their figures. Everyone is free to have their own version of class.
Without financial resources, there is no socio-economic ladder available to climb!
The lack of resources certainly makes it MUCH harder, but there are so many great rags to riches stories that I believe it is still possible if you want it enough!
@@dexterspeights3484 Invest time in yourself if you have no free cash flow. Libraries are free and used books aren't that much. I got into several jobs just by studying the job every night and working on the skills after work once I got in. Me working swing (deliveries) and night (carpet cleaning) meant more $ and business hours when resources are open. Also be quick to volunteer. Some companies will give you cash to take classes at jr. college or adult ed. Back in the day I would sneak onto the UCLA campus to use their libraries (security was poor then).
This is excellent advice!
Thanks for watching! Did these net worth brackets surprise you or were they what you expected?
Your video sounds well researched and well done. But please don't use such brainless clickbait titles with no meaning. The internet is working and will be working long after we are dead. Maybe some corporations will destroy certain markets (they certainly try), but "the internet" is not broken and will not break based on some services.
I cut all of my subscriptions. So over it...
That’s incredible!
It videos are amazing!!!
Thank you so much!
Thanks for watching! Where do you notice hidden fees that make your life more expensive?
Your essay covers a lot of important ground, but there are some areas that could benefit from improvement in structure, tone, and clarity. Here's some feedback: ### **Strengths:** 1. **Engaging Topic**: The subject matter of "big tech" companies deteriorating over time due to profit-focused decisions is relevant and thought-provoking. It connects with readers who are likely frustrated by similar experiences with these companies. 2. **Examples**: You use strong real-world examples-Amazon, Uber, Netflix-to illustrate your points, which makes the essay more relatable and grounded. These examples help paint a vivid picture of how "big tech" companies have changed. 3. **Conversational Tone**: The essay has a casual, approachable style that can appeal to a wider audience. Your conversational approach keeps the reader engaged. ### **Areas for Improvement:** #### 1. **Clarity & Flow**: - Your essay jumps from point to point a bit abruptly. Consider adding clearer transitions between ideas. For example, after you finish discussing Amazon, use a sentence or two to smoothly introduce the shift to Uber. - There are also places where the text gets repetitive, especially with phrases like “I think” and “now that they have reached market saturation.” Tightening up the language could make the essay more concise and powerful. **Example Revision:** Instead of “Amazon used to offer free two-day shipping, but now Prime is getting more expensive, and you’re paying for worse service,” you could write, “Amazon’s Prime service once stood out for its affordable two-day shipping. Today, however, Prime’s fees are rising, and the value users receive has diminished, with price hikes and added restrictions like minimum purchases for faster delivery.” #### 2. **Structure**: - The essay feels a bit like a rant (which you admit at the end). While this can be effective in some formats, turning this into a more structured analysis will give your points more weight. Divide the essay into sections with clear headings or guiding sentences. For example, each company (Amazon, Uber, Netflix) could have its own section with a brief introduction to the core argument. - Additionally, consider having a short introduction where you define "en**shit**ification" clearly, and a concise conclusion that ties all the examples together with a more definitive call to action. #### 3. **Tone**: - Your conversational tone is appealing, but some moments are too informal or contain filler that dilutes the impact. Phrases like “freaking bookstore,” “I almost fell out of my chair,” and “mental” could be replaced with more focused language. While casual writing is fine, some of these detract from the seriousness of your argument. **Example Revision**: Instead of “I almost fell out of my chair,” try “The price was staggering.” It conveys the same shock but feels more polished. #### 4. **Grammar & Punctuation**: - There are a number of spelling and grammar issues. For example, “inchification” should be “enshitification,” and words like “TR and ification” appear as mistakes. Cleaning up these typos will make the essay more readable. - You often use run-on sentences and overuse commas. Breaking up longer thoughts into more digestible sentences will help with readability. **Example Revision**: Instead of “then they introduce surge pricing when there’s way more demand for rides and there is supply of drivers the drivers can make two three or even four times on a ride,” break it up: “They then introduced surge pricing. When demand outpaced the supply of drivers, those drivers could make two, three, or even four times their regular earnings on a ride.” ### **Suggested Outline for Improvement:** 1. **Introduction**: Define en**shit**ification clearly, preview your argument. 2. **Section 1 - Amazon**: Discuss its initial success, what changed, how it became more profit-driven, and the impacts on consumers. 3. **Section 2 - Uber**: Dive into how Uber shifted from affordable, convenient rides to surge pricing and driver exploitation. 4. **Section 3 - Netflix**: Illustrate Netflix’s transition from cheap, ad-free streaming to a tiered service with inflated prices. 5. **Conclusion**: Summarize the overall trend of big tech companies prioritizing shareholders over users. Offer a strong closing thought or call to action. ### **Overall Grade: C+** You have solid ideas and engaging examples, but the structure needs improvement, and the tone could be a bit more formal for an essay. Polishing grammar and making your argument more focused will elevate this piece significantly.
Are there any correlations with what we know about his health? I mean, he's very old, freakin' 94 years old! How much more he will live? Maybe he's simply liquidating all the assets to do something big while "going away", kinda like Bilbo Baggins? Maybe (just maybe) the question is not why he's doing it, but where all this money will soon go?
That is a very strong hypothesis! He could easily be building up a cash pile to pass on for his benefactors to go (stock) shopping with.
Dude, IT is overcrowded already. Too many people and too few contracts here. The advice to switch to IT is no longer relevant 😂
lol fair the job market is a bit rough in IT right now, but I think that’s true for most industries
AI will only make this worse. I hope the FTC steps up. Can Lina M. Khan be the biggest hero of the 21st century?
AI definitely will make it worse
The American (and Canadian) dream is definitely dying, and its not getting better.
Very sad to see
lmao Amazon making fast shipments? It has been consistently the slowest company to ship things for years. They have never got their shit together.
Lol maybe you don’t live near a hub. I get a lot of things within 1 day in a major metro.
@@nobsinvesting Nah, I'm just in Lithuania. That's where local parcels can take two months to arrive, but some cheap stuff from China only takes a week. Amazon fared at around 1 month or 1.5 month. Weirdly enough Lego packages are always arriving in just one week.
@@MJ-uk6lu Oh wow that's a long time!
I don't buy online. I don't pay for subscriptions except for Pandora (which is also enshittified, but not as much since they never were as good). I will never order fast food online. I never order a ride share.
That’s amazing, idk how you do it! I still get sucked into some subscriptions like Netflix and UA-cam premium.
@@nobsinvesting I listen to a lot of UA-cam. Long essays for long drives. Amazon was easy to quit, especially as they screwed me out of my MP3s i bought from them. Once a driver followed me to yell at me for daring to swerve out of the way of an even bigger truck towards him. I will rather go to any brick and mortar than deal with Amazon. For home we have DVDs. We find great deals at thrift shops and walmart. In a pinch we just rent off google. As far as ride share, my wife and i were stuck a Mile and a half from our hotel during a huge traveling mix-up. There were no Ubers available. One Lyft that denied our request. And no cabs because they went out of business. We had to walk to the hotel with our luggage. In the morning we walked back to the bus stop because our first and only attempt to use those services was garbage. She has a friend who is going crazy doing deliveries and rides. She doesn't realize she's losing money and sanity doing this. They say you get to "make your own hours" but no, if you want any business you have to be available during your day job hours.
Thanks for watching! Do you think The American Dream is alive and well?