Thanks to Atlas VPN for sponsoring this video and for letting me give an honest description of what their service provides. If you want a great deal on a great VPN use my link atlasv.pn/HMW
My problem with using a VPN is the sites like UA-cam frequently claim to see unusual activity from my IP address and won’t let me proceed without solving a CAPTCHA which i refuse to do both because it’s a waste of my time and they aren’t paying me to train their AI for them.
I know that this is a joke but it’s really not being a career politician is extremely hard. You are at a constant risk of unemployment under heavy boss scrutiny and have to compete with other people who probably have more carisma experience and just deal better with the customers all for a job that requires higher education and extreme business skills but that pays significantly less then engineering law or management. It’s basically like retail turned to eleven. Of course corruption can make you very rich very fast but if you want to safely pull it up you need to operate either in a developing country which is less then safe or in a small area which is less lucrative
@@luisandrade2254 They don't need to have higher education. They just need to have a support base and street smarts to get their political ambitions sponsored. They are really just pawns for the bigger and greater political party ambitions. The DNC and GOP are two of the largest American mafia gangs in the country. The politicians are their solders on the ground. In my current state we had a major who was once a street gang member, a state representative who can't read or write English (she has other people do that for her), and a career extortionist. That's what I know from my relatively short 20 years living here (CT). Being a politicians really doesn't require higher education, just charisma.
As an old man from Bulgaria said “honestly if you’re willing to risk your life for quick easy lots of money just become a mercenary it pays very well for much easier work than being a soldier you just have to not be afraid of dying”
I went from the Marine Corps to being a government contractor. More than tripled my pay almost overnight. I wasn’t a mercenary or anything. I worked on helicopters. It was way way easier than the marines.
@@accuratealloys I’m not sure what kind of contractor you were but I’ve heard mercenaries in places like Syria can get paid up to ten times what a soldier is
Yep mercenary is one of the most lucrative businesses out there. If your willing to travel & have ni strings attached being a soldier for hire is a great option
I'm from the so-called third world country. The organized/professional beggar was something common in my city when I was a kid. It was around late 90s to early 2000s. My father and some adults often told me not to give any money to beggars bcs of this. Some were even pretending to be wounded or have their leg chopped off (by actually just hiding it inside the pants) or paint fake scars. I heard some people saying they've seen the beggars being dropped by a fancy car to the area very early in the morning and then picked up at night. Even heard some of them had big houses (yeah not just one). Another trick is by carrying along a baby. The baby is actually not the beggar's own kid. That beggar is a baby sitter or some sort.
I once got a meal (burgers, fries, milkshakes) for a family of three standing on the side of the road with a sign that read "lost everything". There had just been some really bad flooding in the area so I assumed they had lost their home and belongings. Once I brought them the food I asked about their story. Long story short, their sign was a complete lie and they were just begging on the side of the road because it was more lucrative than their day jobs. 😂 I was glad I only gave them food and not actual cash.
Yup here in Cali there are a lot of opportunities for homeless people to be fed and clothed and housed, but most (not all) are addicts who don’t care about anything except where their next high is coming from
I have a bad history with giving money to baggers. The last time I did, was when a gypsy woman pinned a flower on me while I was walking trough central London and asked me for a donation for the kids hospital. I obviously knew it wasn't for the hospital, but I was in a good mood and I liked the gesture with the little flower, so I was willing to give her 1 pound. But then she started demanding I would give her at least 50 pounds and was trying to just grab it from my wallet and block me from continuing my path until I was literally about to punch her in her face.
I had finished my job earlie in the morning. It was a call center. And people drank energy drinks like crazy and just threw it in the trash. A environment hippie i am. I collected them in 2 or 3 big black garbage bags. Took a cigg outside. Gypsy beggers came by. Ask for the bags. I was like ok, cool. Then they asked for money on top of that. Those bags. Was worth like 35 eur. Baffling, how the treated me like some kind of idiot. I should have taken those bags back. Didnt think of that in the moment
😅😅Meanwhile in Kenya a miracle happened when thirteen beggars who were crippled started running with their two feet when the police car stopped near them.
Criminals are worth FAR MORE in the the prison pipeline than their illicit earnings take out of taxable income. One of the GREATEST SCAMS never discussed widely.
Due to corruption. I wonder how a Laissez-faire market would solve this. Prison is expensive but if you let a danger person free and this person hurts someone then you have been careless and will get sued.
The professional beggers make a lot of sense. Since the height of the pandemic, I noticed these beggers almost literally at the end of every highway exit and main cross streets before an highway entrance. Some of them got chuckles out of me because it was so apparent they were scammers. One guy had brand new Michael Jordans on his feet and was clean shaven with good winter coats. I must have counted at least 30 of these guys.
I got scammed at LAX airport from a guy claiming to be stuck at the airport and hungry. I shoot him 20$ and he proceeds to walk up to the very next 2 people after me and ask them for money as well. Never again.
The city that I live in has a huge homelessnss issue as well, I would've never imagined that there might be "professional beggars" amongst them... Thank you for your informative video as always :)
Aside from some of the more extreme claims, every legit study I've found on "professional begging" has a daily average at around $25-80 per day rather than $800. One problem is that the money can be wildly inconsistent. You are more likely to be handed a granola bar and some socks than a $50 bill. Most of the money is made during high traffic hours such as morning and evening rush hours, and there's not really an opportunity for overtime so most estimates put them at $10-15 per hour on average for a part-time job. The numbers get a lot better if you transition from begging to street performing, though. Strum a guitar or start juggling and you can usually expect to do about 2-3 times better, but again, there are pretty massive constraints on available work hours.
I truly think this is the most entertaining and interesting finance channel on the tube. Please keep up the good work! These videos are a highlight of my feed
As for the professional beggars I find that one interesting, it's why I can't give money away to an individual like that. if I know them and they need food I'll buy them groceries. Or I'm just going to give to local shelters. etc.
Right on. I met a beggar a while ago, wheelchair bound, seemed to be living rough. He asked me for money for food, and it was right outside the local supermarket. I asked him what he wanted I would run in and buy it for him as I had money I was willing to share, but not cash. I got a polite "no thanks" and he wheeled away. I always wondered if it was booze he wanted, and the stupid thing is, if it was booze he wanted just ask me I'd buy him booze AND food. Just be honest. But of course with seasoned homeless alcoholics they don't want food because it limits the efficacy of the booze. Unfortunately even if they are legitimate beggars it's very hard to help these people because they are rarely honest about their intentions. It's going to be drugs or alcohol that they want but food sounds more acceptable to beg for... I feel sorry for the people who are struggling out there and really could use a kind heart to buy them groceries or some clothes and would happily take it. Because I bet a lot of people are turned off helping by having negative or hopeless experiences or being wearing of professional beggars like yourself. Mind you it sounds like you have a good heart, stay awesome ❤️
Hahaha, about the "substance" bit, let me tell you, here in UK many of the dealers are 20/30 year olds and some are even 40+. There are also younger ones sure. But it is very common for a taxi or uber driver to be doing this on the side, in order to get some extra dough. Very common.
"Substance dealing" doesn't always look like an organization or criminals like you depicted. Profit margin and risks are much different when you actually make the substance yourself. I mean I don't think anyone sees being a foot soldier for the mafia as entrepreneurship
Weed before legalization could be profitable if you were the person growing it. The costs of growing weed can be pretty low and it sold for thousands a pound. It's a much more profitable crop than corn for instance. The problem is the risk of getting caught of course. By the time you do a few years in jail making $0/year even a profitable drug career is going to look like a minimum wage job or significantly worse. Then even after jail rehab, parole, probation, fines, drug testing etc. count as cost and labor against your much earlier profits. With a regular job you can collect unemployment when out of work and with drugs your out of work years are spent in jail borrowing money from family members for $10/minute phone calls to the outside. The trade attracts low IQ and impulsive folks that are bad at seeing the forest through the trees.
Last year, my family got two class action settlement checks in the mail for about $20 from scams my dad fell for in the 90's. He lost about $10,000 on each.
$3/hr for street dealers was eye opening. I'd imagine these are folks with a history or lack of paperwork that means they can't snitch if wronged by their 'management'. Now bc of criminalization you don't know what you're actually getting (cutting). Local dealers don't wanna kill customers, cartel bosses see it as cost of business. Seems like only the Swiss really got it figured out.
the amount of smartness and bravery you need to be a successful criminal would buy you a wonderful life as a decent person if you go to school or start your own legal business ! and good money without the risk
...wait I make more money than drug dealers per MONTH than they do in a whole year?? TF EDIT: In the SF Bay some beggars have square card readers. It's nuts
Teacher: whats your dream job kid Me: I want to become a professional beggar Teacher: so you don't need to attend classes. It doesn't require any qualification Me: does anyone have two pens
Im from developed country, and our citizen have very" low financial literacy. Its not a surprise here to find highly educated citizen get scammed very often. My own professor got scammed as well.
I have known about the begging thing for a while. Last week I met a guy twice, which is going around infront of the biggest shopping center in town. He stopped me in my tracks while I was going to lunch, telling me how he and his girlfriend are having a hard time and asked for some cash for food. A trick my parents taught me is to ask them if they are fine with me buying them some actual food. Actually most of the beggers dont use the money to help themselves, but just buy alcohol and cigarettes. There is one more disturbing thing, that you did not mention. There are begger's organisations which force homeless people into begging with a daily quota that they have to give them or they will get beaten up. This is why I refrain to give any money to beggers. Its way better to donate to an organisation that directly helps them (although it should be researched well, because scams happen there as well).
i used to be a entry level "Substance Dealer" if you wanna make money you need a huge work ethic and your basicly goig to put in late shifts every day. The work life balance depends one the substance your Trading and on the level you are on the suply chain. I luckly got caught up and put in to the prison Pipeline. Its a shitty job for the most part but u get a lot of freedomme (until you dont) and the feeling of Power. There are people who make a good living out of it, but the chance of getting to that point is very slim. Its more likely that youre going to get hooked on drugs ore go to jail. In my opinnion this carrer choice greatly reduces your life quality and your not going to live long if you make it to high positions.
Insider trading has the best risk vs. reward calculation. Just look at Steven Cohen. His entire fortune was built completely on insider trading. All that happened to him was the SEC made him pay a $1.8 billion fine and he couldn't trade outside money anymore. So he walked away with a $13 billion net worth and owning the Mets.
Something you should know about professional beggars - they are also organized thus they get a small percentage of the money they get. Else they get "punished" by competition that has the resources.
Just asking for a friend also about whats best? Professional burglary, trading stolen goods, protection money, pimping, robbery, or probably the best two selling medication whiteout licenses or research chemicals as this are pretty weakly punished or even not crimes in lot of countries.
Never done it myself. I've had multiple mates who earn £1000s from selling substances. This is the UK though where is typically there's less gang control of drugs
One quick note on the drug selling wages. That paper was originally published around the year 2000. Back in 2000, the federal minimum wage was $5.15/hr and the minimum tipped wage was like $2. Starting at $2.50 while being told you have a chance at $32.30 starts to sound a lot more rational imho when taking all environmental factors into account (e.g., community, job seeker's age, proximity to "successful" dealers, peer pressure, probability of career advancement at a place like McDonald's). Obvi there are still lots of risks and reasons to avoid this lifestyle. I'd be very interested in updated data on what drug dealers make.
11:30 this is extremely sad. You have over 1 billion people living in slums and 736 million people living in extreme poverty, yet these people are out here pretending to be poor just a to earn more money out of greed, when they have the opportunity to work to earn money.
It would be interesting to take another step in this direction and explore some of the profitable probably criminal acts that are in the public eye. Things similar to Trump scandals and other famous people that simply refuse to pay dues or follow through on promises because they're rich/famous and leverage that power to avoid having to pay
Ah yes Trump, the guy who lost a billion dollars during his presidency, he was totally in it for the money. You're an absolute idiot if you believe he was trying to make money out of his position in office, I like him but not everything he does. Though he certainly wasn't corrupt. He was simultaneously the most honest & dishonest president. The guy legit admitted to being in the middle east just for the oil on national TV, then he would also lie about anything which would hurt his ego. It was kinda funny, though at least he pulled the US out of many wars & oversaw multiple major peace deals in the middle east. Overall he did a pretty good job, look at how Biden has destroyed the economy, his son was laundering money for his through Ukraine, he is a pretty bad person in general.
@@levelup1279 Meanwhile HunterXBurisma and Hillary pay (to her foundation) to play in foreign policy decisions while Secretary of State. SJWs always project.
Selling sex for money in many places isn't even illegal... only buying it is. I think this is one of the ways authorities clamp down on the practice. Don't go after the provider, because they'll continue to out more buyers. If so, IMO that's a smart idea.
@@danielhale1 It would be smarter to just let two consenting adults have sex with each other and not arrest either of them because you want to assume one is a victim.
But, law enforcement doesn't care as long as you are wealthy in that profession. Not hard to go on Twitter and find sex workers to contact. Not like the other illegal jobs where you'll be arrested on the spot if there's suspicion of your job.
@@plainguy3567 That's how it works on an illegal market. Prostitutes require protection from potentially violent customers but if they can't pool together and create a legal brothel with a security service they need illegaly operating pimps for protection. Those pimps can then force them to continue working because they know they can't call the cops and might even trade them with other pimps, i. E. Human trafficking. A legal market is just so much safer for prostitutes since illegality certainly hasn't made it disappear.
u can easily make a lot of money selling substances usually 100% profit margins or more. buy 1 oz of grass for 160 (standard price) sell each 1/8 oz for 40 (standard price) u make 2x what u put in not hard to find a bulk seller just ask freind that smokes who they buy there grass from and buy from them. also buying delta 8 carts (legal in all 50 states) from smoke shop and selling them to kids that are not old enough is good money make 15 to 20 per sale. this is good money if u do it right but there is risk to selling to strangers.
Made 3k from selling courses on things like dropshipping, forex and sports betting and now I honestly don't know if I should stop or keep going because it has gotten easier at this point 😑
Substance traders definitely make a decent amount and live comfortably if they're smart about it. Most also use it to invest into legit things. Deal drugs kids it's worth 😂
Why sending money to a foreign destination makes understanding its origin more difficult. For example my Canadian bank does not know where or how I got the money to deposit but if it is small amounts (under 10K CND) and I use the account for personal and have few deposits and withdrawals each year they will never ask either.
Can, but rarely works, websites often dont work with foreign bank accounts or credit cards even more difficult if it is with a different currency. Also be aware that your consumer rights might be drasticly different.
It's kinda dumb when you think about it, but when you do the math, as a college weed dealer you're probably making less than minimum wage unless you're at the distribution level.
Very interesting! Though we all know that illicit substances trade is all about being at the top of the supply food chain. More risk, more reward. As for the begging, that was very different to what I have seen. You are a little off the mark with the professional begging, at least the rackets I have experienced. In Europe there are Romanian (and I am sure other nationalities too) gangs who will force old women to us their EU passports to travel to richer nations/cities where a handler will set them up somewhere and then tell them to beg. They roll-up in a tinted Bently or something equally impressive later and shake them down for money. In this instance, the old women are not actually doing so well and really are actual beggers. I guess the gang members think that appearing more legit gains more sympathy from the public. From what I have heard, these women are usually begging to pay off debts that family members have accrued. The one, and I mean ONE, saving grace from this awful situation is that it is a lot less degrading to the woman's dignity than forced sexual exploitation. But I get the impression that this has a lot more to do with age than the good hearts of crooks. Thanks for sharing, I think I'll stick with manufacturing ❤️
Can confirm this happens. The romanians have introduced a 2nd aspect to the begging and that is selling knock Off benzos to the youth, usually might contain fentanyl. Lost a friend due to those pills
I once had a weed dealer who worked as a banker, so I actually have no doubt that there are some criminals out there who watch finance channels in their spare time lol.
I “know” -cough- a guy. He made very good money. But one too many ppl got caught up , stupid stuff. So he stopped. But ya trust me crime, especially if you have great skills that transfer in to business, definitely pays. Marketing, sales, customer service, being a people person. Having a great location
Yeah crime normally pays otherwise why do crime? But for real being able to control almost everything around ones self would be better but otherwise crime pays 100%.
Don't forget the really criminal kind of begging - charity embezzlement. Fake charities can generate hefty income, and instead of looking like a homeless bum, you actually need to be presentable and respectable. As with any kind of financial crime, really.
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whoa, a VPN sponsoring a video about illegal business, they're not even hiding it, smh
My problem with using a VPN is the sites like UA-cam frequently claim to see unusual activity from my IP address and won’t let me proceed without solving a CAPTCHA which i refuse to do both because it’s a waste of my time and they aren’t paying me to train their AI for them.
Being career politician is another great option
Hey hey hey, lets not compare honest upstanding drug dealers with the scum of the earth here.
Best option!
Then you can commit fraud against other countries. And do insider trading whenever you want publicly. Not illegal if you say it's not illegal.
I know that this is a joke but it’s really not being a career politician is extremely hard. You are at a constant risk of unemployment under heavy boss scrutiny and have to compete with other people who probably have more carisma experience and just deal better with the customers all for a job that requires higher education and extreme business skills but that pays significantly less then engineering law or management. It’s basically like retail turned to eleven. Of course corruption can make you very rich very fast but if you want to safely pull it up you need to operate either in a developing country which is less then safe or in a small area which is less lucrative
@@luisandrade2254 They don't need to have higher education. They just need to have a support base and street smarts to get their political ambitions sponsored. They are really just pawns for the bigger and greater political party ambitions. The DNC and GOP are two of the largest American mafia gangs in the country. The politicians are their solders on the ground. In my current state we had a major who was once a street gang member, a state representative who can't read or write English (she has other people do that for her), and a career extortionist. That's what I know from my relatively short 20 years living here (CT). Being a politicians really doesn't require higher education, just charisma.
As an old man from Bulgaria said “honestly if you’re willing to risk your life for quick easy lots of money just become a mercenary it pays very well for much easier work than being a soldier you just have to not be afraid of dying”
I went from the Marine Corps to being a government contractor.
More than tripled my pay almost overnight. I wasn’t a mercenary or anything. I worked on helicopters. It was way way easier than the marines.
@@accuratealloys I’m not sure what kind of contractor you were but I’ve heard mercenaries in places like Syria can get paid up to ten times what a soldier is
@@accuratealloys yes, private military gets paid well
Yep mercenary is one of the most lucrative businesses out there. If your willing to travel & have ni strings attached being a soldier for hire is a great option
I'm from the so-called third world country. The organized/professional beggar was something common in my city when I was a kid. It was around late 90s to early 2000s. My father and some adults often told me not to give any money to beggars bcs of this. Some were even pretending to be wounded or have their leg chopped off (by actually just hiding it inside the pants) or paint fake scars. I heard some people saying they've seen the beggars being dropped by a fancy car to the area very early in the morning and then picked up at night. Even heard some of them had big houses (yeah not just one). Another trick is by carrying along a baby. The baby is actually not the beggar's own kid. That beggar is a baby sitter or some sort.
Bangkok is still like this to this day. Cripples and single mums with drugged out babies. All mafia organised. You can't give them money.
Sounds like Indonesia 🧐
I've seen the baby trick 3 times in the same day . Same baby
Sounds like The Philippines 🇵🇭
Sounds like India.
I once got a meal (burgers, fries, milkshakes) for a family of three standing on the side of the road with a sign that read "lost everything". There had just been some really bad flooding in the area so I assumed they had lost their home and belongings.
Once I brought them the food I asked about their story. Long story short, their sign was a complete lie and they were just begging on the side of the road because it was more lucrative than their day jobs. 😂
I was glad I only gave them food and not actual cash.
Yup here in Cali there are a lot of opportunities for homeless people to be fed and clothed and housed, but most (not all) are addicts who don’t care about anything except where their next high is coming from
@@Gustinpham well that’s what addicts do….shocked ?
I use to think these stories were lies until I ran into it myself. I was literally speechless
I have a bad history with giving money to baggers.
The last time I did, was when a gypsy woman pinned a flower on me while I was walking trough central London and asked me for a donation for the kids hospital. I obviously knew it wasn't for the hospital, but I was in a good mood and I liked the gesture with the little flower, so I was willing to give her 1 pound. But then she started demanding I would give her at least 50 pounds and was trying to just grab it from my wallet and block me from continuing my path until I was literally about to punch her in her face.
I had finished my job earlie in the morning. It was a call center. And people drank energy drinks like crazy and just threw it in the trash. A environment hippie i am. I collected them in 2 or 3 big black garbage bags. Took a cigg outside. Gypsy beggers came by. Ask for the bags. I was like ok, cool. Then they asked for money on top of that. Those bags. Was worth like 35 eur. Baffling, how the treated me like some kind of idiot. I should have taken those bags back. Didnt think of that in the moment
😅😅Meanwhile in Kenya a miracle happened when thirteen beggars who were crippled started running with their two feet when the police car stopped near them.
Love the distilled objectiveness of this video, just sharing what happens in the world.
Risk of getting caught, is something you would take into consideration, when you chose your criminal path. Good luck out there
Criminals are worth FAR MORE in the the prison pipeline than their illicit earnings take out of taxable income. One of the GREATEST SCAMS never discussed widely.
glad you brought that up. Prison is just another government racket.
Or worth far more dead.
@@thereignofthezero225 if they could turn dead criminals into fertilizer...it could be part of a Green New Deal...win-win?
@@1101agaoj yeah it's the red new deal that evolves into a green new deal
Due to corruption.
I wonder how a Laissez-faire market would solve this.
Prison is expensive but if you let a danger person free and this person hurts someone then you have been careless and will get sued.
"I'm crazy enaugh to take on Batman, but the IRS? Nooo, thank you!" - Joker
The professional beggers make a lot of sense. Since the height of the pandemic, I noticed these beggers almost literally at the end of every highway exit and main cross streets before an highway entrance. Some of them got chuckles out of me because it was so apparent they were scammers. One guy had brand new Michael Jordans on his feet and was clean shaven with good winter coats. I must have counted at least 30 of these guys.
I got scammed at LAX airport from a guy claiming to be stuck at the airport and hungry. I shoot him 20$ and he proceeds to walk up to the very next 2 people after me and ask them for money as well. Never again.
"Religious Donation Collectors to FEED THE HUNGRY" are my favorite: give them something and they won't stop coming back!!!
You should've counter-begged your twenty back. Perhaps with the oratory skills of your fist.
The city that I live in has a huge homelessnss issue as well, I would've never imagined that there might be "professional beggars" amongst them... Thank you for your informative video as always :)
Only at area's with high foot traffic. Real homeless will be more hidden since they have shame.
I think this guy really overestimates how capable people are of detecting frauds and resist them
Aside from some of the more extreme claims, every legit study I've found on "professional begging" has a daily average at around $25-80 per day rather than $800. One problem is that the money can be wildly inconsistent. You are more likely to be handed a granola bar and some socks than a $50 bill. Most of the money is made during high traffic hours such as morning and evening rush hours, and there's not really an opportunity for overtime so most estimates put them at $10-15 per hour on average for a part-time job. The numbers get a lot better if you transition from begging to street performing, though. Strum a guitar or start juggling and you can usually expect to do about 2-3 times better, but again, there are pretty massive constraints on available work hours.
Underrated comment. I was disappointed when HMW brought professional begging up because people often have a shallow understanding of it.
"Substance enthusiasts" - that's a good one 😄😄😄
12:58 when you said "just interested in being human scum" I thought someone was finally going to be honest about VPN sponsors.
I truly think this is the most entertaining and interesting finance channel on the tube. Please keep up the good work! These videos are a highlight of my feed
As for the professional beggars I find that one interesting, it's why I can't give money away to an individual like that. if I know them and they need food I'll buy them groceries. Or I'm just going to give to local shelters. etc.
Right on. I met a beggar a while ago, wheelchair bound, seemed to be living rough. He asked me for money for food, and it was right outside the local supermarket. I asked him what he wanted I would run in and buy it for him as I had money I was willing to share, but not cash. I got a polite "no thanks" and he wheeled away. I always wondered if it was booze he wanted, and the stupid thing is, if it was booze he wanted just ask me I'd buy him booze AND food. Just be honest. But of course with seasoned homeless alcoholics they don't want food because it limits the efficacy of the booze. Unfortunately even if they are legitimate beggars it's very hard to help these people because they are rarely honest about their intentions. It's going to be drugs or alcohol that they want but food sounds more acceptable to beg for... I feel sorry for the people who are struggling out there and really could use a kind heart to buy them groceries or some clothes and would happily take it. Because I bet a lot of people are turned off helping by having negative or hopeless experiences or being wearing of professional beggars like yourself. Mind you it sounds like you have a good heart, stay awesome ❤️
@@chellybub if you really want to help you can donate or even join local organizations that provide them meals
That's smart rather than just giving money
'Alm for an ex-leper?'
Thank you for this. After much deliberation I have concluded on which “career path” I should take
Gotta point out, the stock footage available for these illegal activities are pretty hilarious
Yeah was really curious what that guy with the “substance” on a table and straw in his hand was going to do next!
Does this count as a side hustle?
Most do it full time
Hahaha, about the "substance" bit, let me tell you, here in UK many of the dealers are 20/30 year olds and some are even 40+. There are also younger ones sure. But it is very common for a taxi or uber driver to be doing this on the side, in order to get some extra dough. Very common.
"Substance dealing" doesn't always look like an organization or criminals like you depicted. Profit margin and risks are much different when you actually make the substance yourself. I mean I don't think anyone sees being a foot soldier for the mafia as entrepreneurship
Jesse, we need to talk.
Weed before legalization could be profitable if you were the person growing it. The costs of growing weed can be pretty low and it sold for thousands a pound. It's a much more profitable crop than corn for instance. The problem is the risk of getting caught of course. By the time you do a few years in jail making $0/year even a profitable drug career is going to look like a minimum wage job or significantly worse. Then even after jail rehab, parole, probation, fines, drug testing etc. count as cost and labor against your much earlier profits. With a regular job you can collect unemployment when out of work and with drugs your out of work years are spent in jail borrowing money from family members for $10/minute phone calls to the outside. The trade attracts low IQ and impulsive folks that are bad at seeing the forest through the trees.
The profit margin and risks are considerable lowered when you're big pharma, catering to oxy connoisseurs.
@@milliamp Wow, life must be interesting for you since you only see black and white
Last year, my family got two class action settlement checks in the mail for about $20 from scams my dad fell for in the 90's. He lost about $10,000 on each.
Make sure to report the income to the IRS so they can take their 30% cut.
@@FletcherFinance great advice👌😅
Should I even be laughing at this?
Be the lawyer
$3/hr for street dealers was eye opening. I'd imagine these are folks with a history or lack of paperwork that means they can't snitch if wronged by their 'management'. Now bc of criminalization you don't know what you're actually getting (cutting). Local dealers don't wanna kill customers, cartel bosses see it as cost of business. Seems like only the Swiss really got it figured out.
What do you mean with the swiss figured it out?
the amount of smartness and bravery you need to be a successful criminal would buy you a wonderful life as a decent person if you go to school or start your own legal business ! and good money without the risk
...wait I make more money than drug dealers per MONTH than they do in a whole year?? TF
EDIT: In the SF Bay some beggars have square card readers. It's nuts
Teacher: whats your dream job kid
Me: I want to become a professional beggar
Teacher: so you don't need to attend classes. It doesn't require any qualification
Me: does anyone have two pens
When I'm done watching this, I'm gonna go see what you put up for April 1st, because I can't believe it beat this out.
Drug dealers are earning less nowadays and the risk is higher.
Opiods are legal and easy to get, why would you need street drugs.
@@noahanderson8688 people love uppers too
@@noahanderson8688 cause Opioids are shit
Best explanation of why crime literally doesn't pay
I love that you ranked lobbying as bellow fraud and drug dealing in ethical terms.
Im from developed country, and our citizen have very" low financial literacy. Its not a surprise here to find highly educated citizen get scammed very often. My own professor got scammed as well.
Oh man that ending is pure gold
Street begging often has claimed turf in the good high traffic areas, so not as free as one may think.
I have known about the begging thing for a while. Last week I met a guy twice, which is going around infront of the biggest shopping center in town. He stopped me in my tracks while I was going to lunch, telling me how he and his girlfriend are having a hard time and asked for some cash for food.
A trick my parents taught me is to ask them if they are fine with me buying them some actual food. Actually most of the beggers dont use the money to help themselves, but just buy alcohol and cigarettes.
There is one more disturbing thing, that you did not mention.
There are begger's organisations which force homeless people into begging with a daily quota that they have to give them or they will get beaten up.
This is why I refrain to give any money to beggers.
Its way better to donate to an organisation that directly helps them (although it should be researched well, because scams happen there as well).
holy crap I also live in Sanfrancisco! Nice channel dude!
i used to be a entry level "Substance Dealer" if you wanna make money you need a huge work ethic and your basicly goig to put in late shifts every day. The work life balance depends one the substance your Trading and on the level you are on the suply chain. I luckly got caught up and put in to the prison Pipeline. Its a shitty job for the most part but u get a lot of freedomme (until you dont) and the feeling of Power. There are people who make a good living out of it, but the chance of getting to that point is very slim. Its more likely that youre going to get hooked on drugs ore go to jail. In my opinnion this carrer choice greatly reduces your life quality and your not going to live long if you make it to high positions.
lol loved this video 🤣 i've always wondered if you have a choice why go the criminal route instead of a easy paying job
Great channel, man. You should be proud of yourself.
Insider trading has the best risk vs. reward calculation. Just look at Steven Cohen. His entire fortune was built completely on insider trading. All that happened to him was the SEC made him pay a $1.8 billion fine and he couldn't trade outside money anymore. So he walked away with a $13 billion net worth and owning the Mets.
The problem with insider trading is that first you need to be an insider.
Politicians have been getting away with it for years too.
@@krombopulos_michael Congress exempted congressmen/women from the insider trading laws they passed.
That fact that youtube recomended this to me when i was thinking about it all day 😵
remember when HOW MONEY WORKS used to say " i will never advertise for VPN" , smh
I felt like you were mad while making this video. I understand
Something you should know about professional beggars - they are also organized thus they get a small percentage of the money they get. Else they get "punished" by competition that has the resources.
Just asking for a friend also about whats best? Professional burglary, trading stolen goods, protection money, pimping, robbery, or probably the best two selling medication whiteout licenses or research chemicals as this are pretty weakly punished or even not crimes in lot of countries.
Never done it myself. I've had multiple mates who earn £1000s from selling substances. This is the UK though where is typically there's less gang control of drugs
One quick note on the drug selling wages. That paper was originally published around the year 2000. Back in 2000, the federal minimum wage was $5.15/hr and the minimum tipped wage was like $2. Starting at $2.50 while being told you have a chance at $32.30 starts to sound a lot more rational imho when taking all environmental factors into account (e.g., community, job seeker's age, proximity to "successful" dealers, peer pressure, probability of career advancement at a place like McDonald's). Obvi there are still lots of risks and reasons to avoid this lifestyle. I'd be very interested in updated data on what drug dealers make.
11:30 this is extremely sad. You have over 1 billion people living in slums and 736 million people living in extreme poverty, yet these people are out here pretending to be poor just a to earn more money out of greed, when they have the opportunity to work to earn money.
Finally important information
Drug dealers don’t get arrested for dealing drugs, they get arrested for dealing outside of their designated areas!
Lolz why am I watching this? 😅
Great work!
It would be interesting to take another step in this direction and explore some of the profitable probably criminal acts that are in the public eye. Things similar to Trump scandals and other famous people that simply refuse to pay dues or follow through on promises because they're rich/famous and leverage that power to avoid having to pay
You are addressing the problem of politicians...worldwide
Ah yes Trump, the guy who lost a billion dollars during his presidency, he was totally in it for the money.
You're an absolute idiot if you believe he was trying to make money out of his position in office, I like him but not everything he does. Though he certainly wasn't corrupt.
He was simultaneously the most honest & dishonest president. The guy legit admitted to being in the middle east just for the oil on national TV, then he would also lie about anything which would hurt his ego. It was kinda funny, though at least he pulled the US out of many wars & oversaw multiple major peace deals in the middle east.
Overall he did a pretty good job, look at how Biden has destroyed the economy, his son was laundering money for his through Ukraine, he is a pretty bad person in general.
@@levelup1279 Meanwhile HunterXBurisma and Hillary pay (to her foundation) to play in foreign policy decisions while Secretary of State. SJWs always project.
Pay dues? You mean taxes? Otherwise known as "theft"? There is nothing honorable or moral about paying taxes.
@@levelup1279 lol, he was corrupt AF. Seriously, "mean tweets" is completely meaningless BS compared to his incompetence and corruption.
Lmao 'substance traders', ' substnace enthusiasts'
Thanks for this video!
I've always wondered why phone scammers push gift cards so hard, now I know :)
Very interesting opening summary 😂, 2:29 - 2:56 #IRS 😂
Thanks a lot,
Always wanted to make some money on a side to my main career.
The profitability of some of these 'career' paths is well explained in the book Freakonomics, from Levitt and Dubner. Highly recommend it!
Did I miss the section on insider trading? Or was it in the intro but not in the body?
I appreciate all the advice
Finally the content I've been waiting for
Very funny how he puts investment bankers and consultants in a different category 🤣
I think you forgot to mention the oldest profession that's still illegal in the USA or the many adjacent jobs associated with it.
Selling sex for money in many places isn't even illegal... only buying it is. I think this is one of the ways authorities clamp down on the practice. Don't go after the provider, because they'll continue to out more buyers. If so, IMO that's a smart idea.
Lack of stock footage might be a problem... gives the video a rating that would block it for some viewers.
@@danielhale1 It would be smarter to just let two consenting adults have sex with each other and not arrest either of them because you want to assume one is a victim.
But, law enforcement doesn't care as long as you are wealthy in that profession. Not hard to go on Twitter and find sex workers to contact. Not like the other illegal jobs where you'll be arrested on the spot if there's suspicion of your job.
@@plainguy3567 That's how it works on an illegal market. Prostitutes require protection from potentially violent customers but if they can't pool together and create a legal brothel with a security service they need illegaly operating pimps for protection. Those pimps can then force them to continue working because they know they can't call the cops and might even trade them with other pimps, i. E. Human trafficking.
A legal market is just so much safer for prostitutes since illegality certainly hasn't made it disappear.
Right when I thought I'm out of luck...very much appreciate this video. I got work to do>>
u can easily make a lot of money selling substances usually 100% profit margins or more. buy 1 oz of grass for 160 (standard price) sell each 1/8 oz for 40 (standard price) u make 2x what u put in not hard to find a bulk seller just ask freind that smokes who they buy there grass from and buy from them. also buying delta 8 carts (legal in all 50 states) from smoke shop and selling them to kids that are not old enough is good money make 15 to 20 per sale. this is good money if u do it right but there is risk to selling to strangers.
2:36 I wonder if politicians report all of their illegal kickbacks to the IRS ;)
And here I thought you were going to talk about street games (which can be easly tempered) or adult work, nice video though :))
I never got notified about this video
Made 3k from selling courses on things like dropshipping, forex and sports betting and now I honestly don't know if I should stop or keep going because it has gotten easier at this point 😑
Don't forget to include the internet info gurus.
*That’s* the image you went with for an XBox?
A VPN sponsoring a video on crime is crazy
Substance traders definitely make a decent amount and live comfortably if they're smart about it. Most also use it to invest into legit things. Deal drugs kids it's worth 😂
6:03 Anyone knows what that device on the left is? Either what it's called or the specific model even. Thanks!
Him: I know y’all are good law abiding citizens
Me rn: 👁👄👁
Loved this video. But I didn't think you'd delay revealing the answer to something
Ironic it's a VPN sponsor for a video that talks about scams
So many aggressive panhandlers where I am...they don't get arrested except on rare occasions
Awesome video!
Hilarious ending!
Talk about how much scammers make and then being sponsored by service that hides online activity? Is this a sign?
Watching this video put me on a watch list didn’t it
Did I miss the part about insider trading?
@ 8:00 "the real challenge here is legitimizing this money..." video shows mexican pesos... that hurt badly...
Why sending money to a foreign destination makes understanding its origin more difficult. For example my Canadian bank does not know where or how I got the money to deposit but if it is small amounts (under 10K CND) and I use the account for personal and have few deposits and withdrawals each year they will never ask either.
So glad I found this video.
2:08 wait can you actually use VPNs to get cheaper tickets for travel and stuff!?
Can, but rarely works, websites often dont work with foreign bank accounts or credit cards even more difficult if it is with a different currency.
Also be aware that your consumer rights might be drasticly different.
You had the easiest promotion for a VPN in this video, and you just let it pass.
Drug dealers are nothing like how they are portrayed. The vast majority are users who deal on the side to support their habits.
Which category does selling VPN Scams in YT videos fall into?
How much the oldest profession makes?
You need to a video about pyramid skeems
It's kinda dumb when you think about it, but when you do the math, as a college weed dealer you're probably making less than minimum wage unless you're at the distribution level.
Very interesting! Though we all know that illicit substances trade is all about being at the top of the supply food chain. More risk, more reward.
As for the begging, that was very different to what I have seen. You are a little off the mark with the professional begging, at least the rackets I have experienced. In Europe there are Romanian (and I am sure other nationalities too) gangs who will force old women to us their EU passports to travel to richer nations/cities where a handler will set them up somewhere and then tell them to beg. They roll-up in a tinted Bently or something equally impressive later and shake them down for money. In this instance, the old women are not actually doing so well and really are actual beggers. I guess the gang members think that appearing more legit gains more sympathy from the public. From what I have heard, these women are usually begging to pay off debts that family members have accrued. The one, and I mean ONE, saving grace from this awful situation is that it is a lot less degrading to the woman's dignity than forced sexual exploitation. But I get the impression that this has a lot more to do with age than the good hearts of crooks.
Thanks for sharing, I think I'll stick with manufacturing ❤️
Can confirm this happens. The romanians have introduced a 2nd aspect to the begging and that is selling knock Off benzos to the youth, usually might contain fentanyl. Lost a friend due to those pills
I once had a weed dealer who worked as a banker, so I actually have no doubt that there are some criminals out there who watch finance channels in their spare time lol.
I “know” -cough- a guy. He made very good money. But one too many ppl got caught up , stupid stuff. So he stopped. But ya trust me crime, especially if you have great skills that transfer in to business, definitely pays. Marketing, sales, customer service, being a people person. Having a great location
Yeah crime normally pays otherwise why do crime? But for real being able to control almost everything around ones self would be better but otherwise crime pays 100%.
I love your work
Me in-between jobs not sure what I’m going to do
UA-cam: “hey have you considered…”
It varies heavily trust
Don't forget the really criminal kind of begging - charity embezzlement. Fake charities can generate hefty income, and instead of looking like a homeless bum, you actually need to be presentable and respectable.
As with any kind of financial crime, really.