Late 40s here. Problem was when I was young, I didn’t care about investing and finance because I thought it was too complicated and boring. Graham not only explains stuff in a straightforward way, he makes it fun and interesting. The best experts are the ones that can explain anything and make it interesting.
@@gastonemoschin4337 Yeah I think so. I’m staying in the fight at least until early 70s. I MIGHT retire at 72 but I could just reinvent myself. Life is funny that way! 😉
1. Invest In Your Career - 1:21 2. A Reliable Used Car - 3:55 3. Hire A Good CPA - 6:25 4. Invest In A Roth IRA - 7:55 5. Invest In Real Estate - 10:35
A note for everyone: It’s become evident that a lot of you want me to address what’s going on with the markets. I totally get it, I find those topics extremely insightful to talk about, but I don’t want to make that the entire focus of my channel right now. I’ll absolutely make videos on that each week as things progress, but otherwise I believe in the buy and hold philosophy. As bad as things might get in the short term, eventually things will recover. Stay safe, double down on work, cut back on expenses, and invest long term. And smash the like button. And also...get your 2 free stocks on WeBull because one of those stocks is worth up to $1400 when you deposit $100 ;) Enjoy! act.webull.com/k/Vowbik9Tm5he/main
Graham Stephan I agree 100%. There’s an overwhelming amount of negativity out there which makes matters worse and it’s anxiety provoking. I’m making one UA-cam video today about how all of this is going to effect the real estate market. Here’s to keeping it positive but being transparent 🙏🏻
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market>, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Issue. here is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
Best approach i feel to tackle it is to purchase plenty investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation;
Sonya Lee Mitchell She appears to be well-educated and well-read;. I ran an online search on her name and came across her website; thank you for sharing.
@@mattgotoptions It took a lot of work, but is definitely worth it! It's a versatile license to have! It's fairly common for people to leave public accounting because of the hours and transition into finance roles elsewhere.
@@ChiefBeef7 I’m 16 in high school but don’t know what I wanna major in college yet, should I major in accounting and then work my way up in the real estate market by getting a real estate license as well?
graham, i feel like you should make a video on how to actually buy houses, get contractors, and sell houses. you give great information on how to make you money, but i still don’t know exactly house to do it.
The great thing about living in the Netherlands is city's are smaller and bycicles are pretty much our primary means of transportation. I will *NOT* waste my money on buying and maintaining a car when every important destination for me is within a 10KM radius :)
I studied abroad in Rotterdam. I know what you mean it’s a huge bonus to be able to do that, appreciate it! Now I’m back in Miami where I need a car to go anywhere🙄
I'd like that as my reality. In my city in Mexico everything is built up for you to either use a car or bus, plus we hit over 40 degrees celsius so a bike would pretty much dehydrate or even kill the user lol.
Graham: I really believe your 20s is your time to work your ass off and solidify your entire career 20 year old about to graduate: wooh I agree! Coronavirus: I'm about to end this mans career before it's even began
@Bluemango101 use the time, take advantage of it. Be one step forward and it could become on a Good thing. You could lear a new skill (there are free Ivy leage universities course with and without a degree) or lear a new language, try to reflects pm your life so far and make plans. Well, you got the point... At least thats what Iam trying to do🤷♀️ Wish you the best!
Literally same, graduating from my second degree and in the middle of starting my own business :))))) time for lots of planning & online trainings I GUESS
Hey Graham! I really wish you would talk sometime about those who didn't get a super start in their 20s and are now either over 30 or almost there and what we can do to jumpstart our situation now. Thank you for all your videos!
Same thing just more liabilities like believing you deserve a certain quality living and having to maintain certain outlook to people . When you 20-30 Social acceptable to not have any money and look like your broke but by 30 you should have either a house or some rental properties with all the hundreds of thousands accumulated through those years but with value of life going up people think it’s hard to go without and not As social acceptable to such as live with parents for cheap rents eat frozen dinners cheap foods and living to live low so when you 30 you will be set to move out and start your life right
@@mihaimera7837 Nope, even with other investments it will already have been calculated. You should obviously look through the paper to see if the amounts are correct or if something is missing but usually everything is there and you just press a button on a phone app and you’re done
@@tigerchuu2148 I love this. I once heard a joke about the US Internal Revenue Service know "exactly how much" we should owe in taxes (because if you make an error you can be heavily fined) but they won't tell us! It's a secret!
As long as you have them take more out of your paycheck every pay period and make the government pay you back it's not a problem. And Turbotax is a VERY helpful tool.
Imagine having a kid thinking he's gonna probably grow up to be a normal kid who works a 9-5 job like the rest of us but he becomes a financial master asking you why you're eating cereal and not avocado toast when you could be saving 30 cents a day making the switch
As a fellow Prius driver, I have to say I loved that little car! I feel bad for all the people out there that will never know the satisfaction of filling up at the gas station for only $22!
“”One small choice can completely alter the path of your entire life... like SMASHING the like button.” Smooth 😎. Great video as always Graham! Being in my early 20’s, I can definitely attest to the advice given in the video. People often underestimate the power of investing in yourself. This channel really motivates me and gives me great ideas for my UA-cam channel! 👍🏾
Found this channel at 27 years old and it got me panicking like crazy. Spent money on stocks, opened up a roth ira, left bank of america and switched to ally bank. Just crazy bro....lol
1) Invest in your career Should be compulsory for everyone nowadays if you want any decent paying job. Ideal for ages 15-30. 2) A reliable used car Buy a car AFTER it has lost most of its value due to depreciation. 3) Hire a good CPA This is only necessary once you start step 5, as it opens you up to a large number of legal deductions on rental properties. 4) Invest in a ROTH IRA Obviously a given, actually compulsory in some countries. 5) Invest in Real Estate This is the main money maker. Its always expensive WHEN you buy it, but looking back after 10 years, it will always feel like such a bargain. Don't leave it too late. 6) House hack Sub-letting houses. This is only viable if you get the owners permission in some contracts. Attempt with caution, as you are liable to chase up all damages that may occur, as your "sub-tenants" only have a contract with you, and you are not likely to be providing legal documents to them to sign. Honorable Mentions 7) Tesla Model 3 - Good for tax write-offs if you work for yourself. Great topic for youtube videos. 8) Mr Coffee Coffee Maker - Saves you the "Cafe tax" on coffee.
A very nice fellow sold me his car of 21 years, an old honda accord for $500. I highly recommend those old Hondas, especially if they are clean, because the maintenance scedule has probably been followed. They look bad, sound bad, but boy do they get you to work and back _forever._
Definitely in your 20s as well! Currently in my 20s, and I invested $400 (I think) in myself for a real estate investing course. Best thing I've ever done. It helped me achieve my $1100/mo in cash flow from my TWO properties. I talk about them and my experiences on my UA-cam channel!
It is highly advisable you invest in your 20’s,because the quicker you start investing the better you execute plans and projects but personally you should always do a background check up on your source before investing,Ensure you are investing through a solid foundation source to avoid losing funds
I have lost investing with numerous rigid traders on here,i’m still trading and learning to improve my technique i just need a more reliable source to earn other than youtube
I invest with pro trader wilton and i get huge profit through in return,she is a licensed broker and she renders good trading assistance I recommend you contact her if you’re looking to grow financially through trading
This was how i got recommendations about wilton,At first i was a bit skeptical but eventually i gave her a trail with my little investment i got huge profits
Nah. There are way cheaper ways to learn than overpriced UA-cam courses. Yes, spending money for education can be important but I'm sure that there is little in any of the courses that are advertised on UA-cam that I couldn't learn for free or at least cheaper
Stop trying to sell us courses, information should be free for fucks sake. Not to mention you guys make money from our views and that still isn't enough for you? -1 respect.
My roomate had this idea, instead of buying coffee, let's sell coffee. He has a source for fresh coffee beans, we just needed the licenses for a food truck business. The coronavirus has temporarily rained on our plans, real shame. Stay healthy.
@@krabbykrabby8818 - started my first business at 10 - first registered business in my state at 16 - receptionist for two years for a distributor and learned from people successful in business - studied marketing in college - co-owned a store for six years - From start to finish I run and maintain my WordPress site - monetized UA-cam Channel - learned decent graphic design skills for my site and channel - just learned things in general All the things I spent learning the knowledge (skills) in business just added up. So now, when I have to do something, I usually have at least some kind of background from my past. So that is why work is easier now. FYI - I have a similar story to Graham; I didn't graduate high school on time with my class. At the end of the day, it really didn't matter. I did the best I could each day. Being persistent was the most important skill I learned. Graham is a smart guy with a lot of skills, and there is a lot we can learn from his persistence! All the best.
Hey gram good advice... I think one of the best things you ever said was when you're in your early career you can get away with driving a crapy car and having a crapy job but need to step it up as you get older... showed it to the kids and I think it's knocking them into the shape.. thanks
Crazy when I look back on the last year and a half since I followed your channel, I recently reached a 800 Credit Score and In process of buying my first rental proprety. I doubled my income and cut back on so many unnecessary expences that I am currently already building my down payment for my second rental proprety. I was lost from 18 to 23 and everything became clear now that i'm almost turning 25.
Literally was in the same boat as you! And Graham inspired me to start a UA-cam channel talking about real estate investing! I currently have two properties that cash flow me $1100/mo!
I'll never regret investing in myself! Invested $400 for a real estate investing course, and it helped me achieve $1100/mo in cash flow from only TWO properties! Also learn new things and expand YOURSELF!
I hate Commenting I do not! I don’t NEED one. But on the other hand, I will be getting my license just so I can make those commissions on the side then dump all that back into my portfolio of properties :) I’m currently active duty Air Force!
I hate Commenting not a problem :) if you ever have any questions about real estate investing, you can ask me at anytime on my UA-cam channel and I’ll gladly answer anything you got!
Graham strategically puts ads right before he’s about to say something we’ve waited for 😂
4 роки тому+1
Thank yo uso much for summoning up the video in the descrription. Most people do not even mention the stuff they talk about. It is so helpful to just read the quick version instead of listening to the netire video, especially if you don't have much time to spent.
Stuck in quarantine or at home? Perfect time to binge Graham Stephan videos! Also Graham are you trying a different upload schedule for the second channel?
My first mistake was putting 2500 info crypto a few years ago when it was at an all time high. 🤣 tought me alot though. Now its just long term roth ira and 401k. Havnt sold my crypto. Maybe it will go back up one day.
Honestly I really love your channel! I am only 15, so I don't have much financial freedom nowadays, but watching you really inspires me. I hope I can work out some of your tips so I can really start investing. Thank you for releasing these videos, I hope I can take as much from them as possible. Stay nice, and please, keep posting!
2. Get a reliable used car Graham: Get you something that is reliable and used and will get you from point A to B and won't make you go broke\ Me, a car guy: *stares intensly at 1994 Toyota Mark II JZX90 that I need to import for a total cost of 19k USD*
feeling so bad to be a car guy after improving my financial knowledge... my long term goal was and is to buy a mark 2 TTRS and ive saved all up for it. Allthough it could be used as a down payment in RE or anything else in terms of investment whatsover i am sure i am sure the car will make me happy as well .. bad hobby
I opened up my Roth IRA when I was 19 and that honestly was the best decision I could have made. I put $1000 into it to begin with, which felt like a lot of money at the time, but now, after I've graduated from college and have more of my life together, I can look back and fully realize that it was such an important move for me then. 👍👍
According to the rumors I have heard, the best way to find a good quality CPA is word of mouth. Ask your most prosperous friend who they use. Or ask a supervisor at your local bank who they use.
Dude, the US are a paradise for investing. I live in Europe and we're getting milked here. As a middle class worker I have a higher tax rate than a top class manager in the States. Not even talking about investment income, but about salary taxes.
Im so glad I started watching Graham at a young age, he's inspired me so much, at 19, I purchased my first house for, $67,000 (appraised at $99,000) and I'm currently upgrading the kitchen and bathroom to hopefully raise the value a few thousand. Hopefully in the next few years I'll have enough to purchase a duplex or triplex and house hack and use that to reinvest!
Nobody: Graham: third best thing is to smash the like button... okay fine I’ll tell you. The third best thing you can do in your twenties is- *30 second ad*
I must say this is one of the best videos I've seen from you Graham. You're providing great information but you're also fun to watch. You keep me engaged at least 💯
I really enjoy watching your videos. Im 21 years old and searching for ways to make more money and your yt channels is one of the main sources of learning how to use money correctly. So thank you and keep making great videos!☺️
@Angel Ramirez Absolutely, living just on bicycle certainly has its limitations as far as living location and things like groceries are a little bit challenging. But these are sacrifices I'm willing and able to make to save on a car and gas/parking/insurance/maintenance. Not to mention the fantastic health benefits!
@Rajeev Vij I live in Ottawa actually so I feel you haha. I bike until I absolutely can't anymore, then it's the bus. But I see people toughing it out all year round.
I do that in the city where I don’t need a car, and I really don’t go far away since I just work part time, save $1,000 every month, and I day trade at nights. Made pretty good money doing day trade in this downtrend market by shortening the positions if you know what I mean💴 thanks to corona. Thinking about buying car if I start a real estate though
Think and Grow Rich and Rich Dad Poor Dad are both amazing books! I never really liked 4-Hour Work Week other than the 2nd section. While TGR and RDPD were focused on being better people to be more successful, 4-Hour Work Week is a morally ambiguous way of being successful with no real bettering yourself in the long-run. Favorite book by far is Seven Habits of Highly Effective People. Highly recommend picking it up if you haven't already!
yeah im 16 nad i cross this video and im freaking out cause i never heard of anything like this and i dont know how taxes work or anything. No one ever told me and im from portugal so the things he said have other names and shits here, and google doesnt translate CPA and other things
I've been watching you for awhile but haven't watched this video yet. I'm 21 and this video was a nice review of all the things I plan to do soon once I have a little bit more income security! I'm going to start studying for my CPA Exam (so there's Step 1&3, love killing two birds with one stone) and will hopefully buy real estate and house hack soon (still living with my parents so not throwing away money on rent). I already have a fair amount in investments as well and the only times I ever go out to eat is when the McDonald's app has a good coupon!
Book Recommendation: "How to be Rich" by J. Paul Getty (was the richest man in the world in the 60s). You should be able to just download it from the internet since it is in public domain now. Also, Smash the Like button for the UA-cam Algorithm.
The video from your 9 to 5 job is the first video I've watched from you. And when I left a comment it didn't take a long time to be replied. I was like, why did he reply? Than I looked at the other comments and Graham replied to everyone of then. That's when I realized that this was one of the few youtuber that replies to comments. So this is the first channel I've subscribed to watch every video. Great channel, keep it up Graham 👌 Have you ever tried to make a video without coffee? Meet Kevin did, but I don't think he liked it. Maybe I should start drinking coffee so I'll put out more videos 🙈
Man! Just turned 30 and having the best things for your 30's would be great. Sometimes feel like I am getting a late start on some of the things your giving advice about.
Absolutely! I'm currently only in real estate (two properties that cash flow me $1100/mo) but I'm about to dump my excess cash into the market in the next few days :) I talk about my real estate properties and my experiences with them on my UA-cam channel!
If I weren’t married I would have been like, “Wow, Graham, nice Prius. Is that yours?” Because I, too, own a Prius. Currently, a 2008 Prius. It’s still going strong with no issues. When it dies, I’ll probably upgrade it to another Prius. The most I’ve ever spent on gas was $100 in a month. Usually less.
If you sarcastic now, you will be able to enjoy the REST of your life at 25 if you save and invest your money wisely. I started at 25 (current age), and I currently have two properties that cash flow me $1100/mo!
2. Reliable Used Car - I've owned a Camry since I was 18, I'm gonna be 20 this year and it was dirt cheap to replace brakes, tires, and maintaining it which I think was great.
Mine: real estate (two properties that cash flow $1100/mo) and dividend stocks! I talk about my rel estate properties and experiences on my UA-cam channel!
I’m in a weird category that is rarely discussed, I’m a medically retired veteran. I have been retired since 2016 and due to my injuries from overseas I am very limited on what I can do physically. I have been very down since I retired solely because of my desire to work and progress in the military but I can no longer do that. What I’m trying to say is I’m tired of being stagnant and would like to make my retirement checks start working for me rather than live off of it if possible. Would you have any advise for me? I actually am interested in realty and owning income property as well. Anyway thank you in advance!
I will try to help as best as I can and if it doesn’t help well then sorry :(. By the looks of ur youtube channel ur young so why not a roth IRA? Also he doesn’t discuss this and it’s not a good idea if ur not 100% sure it’ll work but a vending machine, if you can find a good,used vending machine then that is passively making you money. I did the math though and for my case it would take me 4 years just to start making money (minus food, and cost of vending machine) but that was assuming it was only $15 sales a week so if you can find a good place that will get you even more money than that’s a good idea.
@@Badsniperarmy vending machines are not a good source of money long term unless you plan on running them yourself for several years. also location is key such at schools or places of work and installing a credit card reader you will earn way more cash allowing cards to be used
Graham is the financial father we never knew we needed
Checkout ben mallah thank me later
lmao true
You mean “Big Brother”
Salvador Castañeda yesss
probably lool
Late 40s here. Problem was when I was young, I didn’t care about investing and finance because I thought it was too complicated and boring. Graham not only explains stuff in a straightforward way, he makes it fun and interesting. The best experts are the ones that can explain anything and make it interesting.
😀
I totally agree that the best experts are the ones who can explain things in an interesting and informative way.
You still are pretty young
brother i am much younger than you, but you have 20 years left to build something amazing with your wealth.
@@gastonemoschin4337 Yeah I think so. I’m staying in the fight at least until early 70s. I MIGHT retire at 72 but I could just reinvent myself. Life is funny that way! 😉
1. Invest In Your Career - 1:21
2. A Reliable Used Car - 3:55
3. Hire A Good CPA - 6:25
4. Invest In A Roth IRA - 7:55
5. Invest In Real Estate - 10:35
Thank you
Hero
MVP
Thank you
You're the best fam
When I close my eyes I picture Phineas talking.
Wow that’s why he sounded so familiar
now i can’t unhear it 😂
I am upset
Omgggg
I can’t unhear it now
Me: *turns 20 today*
UA-cam algorithm: you need this
Yeaa me too
I turned 21 yesterday and I got this recommended. What the hell. I don’t even have my real identity or age linked to this account.
I'm turning 23 in a bit. Might as well start now.
I sure do and I will be 20 in January
@John You got plenty of time...get a job and start investing in stocks :)
A note for everyone: It’s become evident that a lot of you want me to address what’s going on with the markets. I totally get it, I find those topics extremely insightful to talk about, but I don’t want to make that the entire focus of my channel right now. I’ll absolutely make videos on that each week as things progress, but otherwise I believe in the buy and hold philosophy. As bad as things might get in the short term, eventually things will recover. Stay safe, double down on work, cut back on expenses, and invest long term. And smash the like button. And also...get your 2 free stocks on WeBull because one of those stocks is worth up to $1400 when you deposit $100 ;) Enjoy! act.webull.com/k/Vowbik9Tm5he/main
I hear that the best preventative measure for Coronavirus is *smashing the like button*
Graham Stephan 🚨SMASH THAT LIKE BUTTON🚨
Like button never stood a chance
Graham Stephan I agree 100%. There’s an overwhelming amount of negativity out there which makes matters worse and it’s anxiety provoking. I’m making one UA-cam video today about how all of this is going to effect the real estate market. Here’s to keeping it positive but being transparent 🙏🏻
Hi Graham. Could you do a video on what would you expect a real estate Assistant to do for you?
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market>, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Issue. here is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 350%, since covid-outbreak to date, summing up nearly $1m.
Best approach i feel to tackle it is to purchase plenty investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation;
Sonya Lee Mitchell She appears to be well-educated and well-read;. I ran an online search on her name and came across her website; thank you for sharing.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly;.
"Invest in your career" "Hire a good CPA"
Me who studied accounting and just earned my CPA.... Best of both worlds :)
Congrats mate, you fcked us.
how did you like working toward the CPA? I’m looking in the finance sector but don’t know exactly what I wanna fo
@@mattgotoptions It took a lot of work, but is definitely worth it! It's a versatile license to have! It's fairly common for people to leave public accounting because of the hours and transition into finance roles elsewhere.
What jobs can you do with finance? Can u make good money
@@ChiefBeef7 I’m 16 in high school but don’t know what I wanna major in college yet, should I major in accounting and then work my way up in the real estate market by getting a real estate license as well?
Lol because of pewdiepie I’m now getting financial advice from this dude
Couch pewdiepie sent you here? I just looked it up.
It's about time us 19 year olds get prepared for the world
Which video?
@@ys9536 his reaction to do every millionaire thinks the same by jubilee
Same here buddy.
GOD DAMN IT !!!
IM LEGIT 29 AND A HALF HAHA
you’re 30 now
@@colechisholm1039 God damn it haha
@@ChooChoosGaming happy belated birthday haha
Are you 30 yet?
haha
Coffee really is the secret ingredient to being a successful youtuber.
My man, been watching you since Versus, awesome to see you here!
Alex becker says its bad lol
That's not subjective at all.
:-)
I would apply this statement to life in general. College got me hooked.
graham, i feel like you should make a video on how to actually buy houses, get contractors, and sell houses. you give great information on how to make you money, but i still don’t know exactly house to do it.
Easy. Go to Amazon.com, buy this game called Monopoly. Then you own every property in existence and $20,580 cash
Only a $30 investment.
Can you do a video all about taxes? Specifically influencer taxes? What you can deduct, planning, etc !
I completely agree!
What's your snapchat😏
@itsKristiii your thumbnails are brighter than my future
There are so many variables, your closest is probably freelancing or being a sole trader.
Dinar Dinar this isn’t tinder bud
The great thing about living in the Netherlands is city's are smaller and bycicles are pretty much our primary means of transportation.
I will *NOT* waste my money on buying and maintaining a car when every important destination for me is within a 10KM radius :)
@Matt you'll find what works best for you in life.
I wish my life would be like this, out here in Cali USA everything is too spread out :(
Ugh I envy you so much 😭 cars and traffic are hella annoying
I studied abroad in Rotterdam. I know what you mean it’s a huge bonus to be able to do that, appreciate it! Now I’m back in Miami where I need a car to go anywhere🙄
I'd like that as my reality. In my city in Mexico everything is built up for you to either use a car or bus, plus we hit over 40 degrees celsius so a bike would pretty much dehydrate or even kill the user lol.
I’m literally 29 and a half....
I feel ya
Im 26,
Youre about to be old in 5months 3 weeks
Same...
16 and can't wait to make dem monies
Graham: I really believe your 20s is your time to work your ass off and solidify your entire career
20 year old about to graduate: wooh I agree!
Coronavirus: I'm about to end this mans career before it's even began
Dude same
Facts
@Bluemango101 use the time, take advantage of it. Be one step forward and it could become on a Good thing. You could lear a new skill (there are free Ivy leage universities course with and without a degree) or lear a new language, try to reflects pm your life so far and make plans. Well, you got the point... At least thats what Iam trying to do🤷♀️
Wish you the best!
Look to buy stocks while they're on sale during the pandemic and make a couple hundreds in a few months.
Literally same, graduating from my second degree and in the middle of starting my own business :))))) time for lots of planning & online trainings I GUESS
Hey Graham! I really wish you would talk sometime about those who didn't get a super start in their 20s and are now either over 30 or almost there and what we can do to jumpstart our situation now. Thank you for all your videos!
Same thing just more liabilities like believing you deserve a certain quality living and having to maintain certain outlook to people . When you 20-30 Social acceptable to not have any money and look like your broke but by 30 you should have either a house or some rental properties with all the hundreds of thousands accumulated through those years but with value of life going up people think it’s hard to go without and not
As social acceptable to such as live with parents for cheap rents eat frozen dinners cheap foods and living to live low so when you 30 you will be set to move out and start your life right
Even when the stuff Graham says doesn't directly apply to me I find his videos really motivate me to make more money. Thanks Graham.
You should definitely look out for your health in your 20's.
Yes!
True
One of the most important things.
Graham: TAXES ARE REALLY COMPLICATED
Me as a Swedish person: *Opens an app on my phone presses a button and I am done with taxes*
American taxes when you have more than one income is complicated.
@@mihaimera7837 Nope, even with other investments it will already have been calculated. You should obviously look through the paper to see if the amounts are correct or if something is missing but usually everything is there and you just press a button on a phone app and you’re done
@@tigerchuu2148 I love this. I once heard a joke about the US Internal Revenue Service know "exactly how much" we should owe in taxes (because if you make an error you can be heavily fined) but they won't tell us! It's a secret!
As long as you have them take more out of your paycheck every pay period and make the government pay you back it's not a problem. And Turbotax is a VERY helpful tool.
@@gwillis01 turbo tax is the reason that the US tax system is fucked...
My best investment is stealing my neighbor's internet so I have access to Graham's youtube channels.
@@100videosandnosubscribers3 anything for that meat
@Jesus is Fake This seems like the type of comment that would come from a person who thinks Jesus is fake.
lmao
@@TheHeisenbird lol
@@TheHeisenbird Lmao!
*Not to mention toilet paper and hand sanitizer*
And smashing the like button
after amazon cracking down on scalping, I'd wager that smashing the like button would probably net you a better ROI
let me give you the 200th like
Graham is getting the like button smashed in quarantine
hahaha yep!
The best investments are in things you cannot buy - unknown
Graham: Such as smashing the like button
Facts
these jokes never get old idk why lol
Graham: "Unless you're 29.5, then you're late to the party"
Me: Turns 30 in two weeks... :|
35 here! First time in my life I feel like I'm not living paycheque to paycheque. I don't think there's anything here I can't benefit from.
Happy birthday
Happy bday
@@carlosreyessanchez322 Hey thanks a lot! I appreciate it!
@@cracreacts548 Thanks for the birthday wishes!
Imagine having a kid thinking he's gonna probably grow up to be a normal kid who works a 9-5 job like the rest of us but he becomes a financial master asking you why you're eating cereal and not avocado toast when you could be saving 30 cents a day making the switch
As a fellow Prius driver, I have to say I loved that little car! I feel bad for all the people out there that will never know the satisfaction of filling up at the gas station for only $22!
Nathan Beck I do it with my renegade 😍
I miss my Prius!
Facts i have a 06 Prius and love it
With gas currently at $1.15, 17 gallons in my v8 old people car costs under $20. These are good times.
I could never let myself go as far down as to drive a prius
“”One small choice can completely alter the path of your entire life... like SMASHING the like button.” Smooth 😎. Great video as always Graham! Being in my early 20’s, I can definitely attest to the advice given in the video. People often underestimate the power of investing in yourself.
This channel really motivates me and gives me great ideas for my UA-cam channel! 👍🏾
Yeah, this channel is a really good motivator...to smash the like button!👍
David S right?!
Reading this with tons of car parts in my shopping cart 😂
Graham is golden!
Graham being clutch with this upload. Some positivity instead of negativity
Just Some Guy without a Mustache Agreed
Found this channel at 27 years old and it got me panicking like crazy. Spent money on stocks, opened up a roth ira, left bank of america and switched to ally bank. Just crazy bro....lol
Successful people who are spreading their knowledge are often underestimated.
1) Invest in your career
Should be compulsory for everyone nowadays if you want any decent paying job. Ideal for ages 15-30.
2) A reliable used car
Buy a car AFTER it has lost most of its value due to depreciation.
3) Hire a good CPA
This is only necessary once you start step 5, as it opens you up to a large number of legal deductions on rental properties.
4) Invest in a ROTH IRA
Obviously a given, actually compulsory in some countries.
5) Invest in Real Estate
This is the main money maker. Its always expensive WHEN you buy it, but looking back after 10 years, it will always feel like such a bargain. Don't leave it too late.
6) House hack
Sub-letting houses. This is only viable if you get the owners permission in some contracts. Attempt with caution, as you are liable to chase up all damages that may occur, as your "sub-tenants" only have a contract with you, and you are not likely to be providing legal documents to them to sign.
Honorable Mentions
7) Tesla Model 3 - Good for tax write-offs if you work for yourself. Great topic for youtube videos.
8) Mr Coffee Coffee Maker - Saves you the "Cafe tax" on coffee.
The Healthy Investor thank you
interesting list
Good thing Graham already puts an outline in the description of every video :)
A very nice fellow sold me his car of 21 years, an old honda accord for $500. I highly recommend those old Hondas, especially if they are clean, because the maintenance scedule has probably been followed. They look bad, sound bad, but boy do they get you to work and back _forever._
100 Videos And No Subscribers I used a 2003 Honda CR-V that got for 1K, and I agree with you those cars last really long
Last time i was this early amazon was still the worlds most expensive company, and not the toilet paper factory...
The best investment you can make is by far: *YOURSELF* , knowledge is it most powerful thing you can have.🧠
Definitely in your 20s as well! Currently in my 20s, and I invested $400 (I think) in myself for a real estate investing course. Best thing I've ever done. It helped me achieve my $1100/mo in cash flow from my TWO properties. I talk about them and my experiences on my UA-cam channel!
if knowledge is power, learning is your super power.
Rookie Man knowledge is useless without application.
@BRAHIM THE INVESTOR Knowledge applied right. Doesn't matter if I'm great at selling if I only sell skittles
@@JamesHollowayYT lol what i said
It is highly advisable you invest in your 20’s,because the quicker you start investing the better you execute plans and projects but personally you should always do a background check up on your source before investing,Ensure you are investing through a solid foundation source to avoid losing funds
I have lost investing with numerous rigid traders on here,i’m still trading and learning to improve my technique i just need a more reliable source to earn other than youtube
I invest with pro trader wilton and i get huge profit through in return,she is a licensed broker and she renders good trading assistance I recommend you contact her if you’re looking to grow financially through trading
Ellenwilton2 @ g ma il , insta gram Ellenwilton2
This was how i got recommendations about wilton,At first i was a bit skeptical but eventually i gave her a trail with my little investment i got huge profits
I'm doing most of this in my 30s. Better late than never.
Still really young, ur definitely not late.
#1: Courses
Came here after watching Kevin try d2d sales in prep for my latest job 😅
Nah. There are way cheaper ways to learn than overpriced UA-cam courses. Yes, spending money for education can be important but I'm sure that there is little in any of the courses that are advertised on UA-cam that I couldn't learn for free or at least cheaper
Stop trying to sell us courses, information should be free for fucks sake. Not to mention you guys make money from our views and that still isn't enough for you? -1 respect.
Starbucks: exists
Graham: I'm gonna devote my entire life to bring 'em down!
My roomate had this idea, instead of buying coffee, let's sell coffee. He has a source for fresh coffee beans, we just needed the licenses for a food truck business. The coronavirus has temporarily rained on our plans, real shame. Stay healthy.
@Krish Kalra yes, but I can't until this coronavirus shenanigan is over. Hmu next year lmao
I spent my twenties investing in myself. Learn skills! Then later everything ties in together; it worked for me... Work is easier now.
What skills did you learn?
Krabby Krabby trapping
@@krabbykrabby8818
- started my first business at 10
- first registered business in my state at 16
- receptionist for two years for a distributor and learned from people successful in business
- studied marketing in college
- co-owned a store for six years
- From start to finish I run and maintain my WordPress site
- monetized UA-cam Channel
- learned decent graphic design skills for my site and channel
- just learned things in general
All the things I spent learning the knowledge (skills) in business just added up. So now, when I have to do something, I usually have at least some kind of background from my past. So that is why work is easier now.
FYI - I have a similar story to Graham; I didn't graduate high school on time with my class. At the end of the day, it really didn't matter. I did the best I could each day. Being persistent was the most important skill I learned. Graham is a smart guy with a lot of skills, and there is a lot we can learn from his persistence! All the best.
Hey gram good advice... I think one of the best things you ever said was when you're in your early career you can get away with driving a crapy car and having a crapy job but need to step it up as you get older... showed it to the kids and I think it's knocking them into the shape.. thanks
I am 19 and just started watching your videos!! Thank you for all the advice so far and I'm excited to continue learning!
Crazy when I look back on the last year and a half since I followed your channel, I recently reached a 800 Credit Score and In process of buying my first rental proprety. I doubled my income and cut back on so many unnecessary expences that I am currently already building my down payment for my second rental proprety. I was lost from 18 to 23 and everything became clear now that i'm almost turning 25.
Literally was in the same boat as you! And Graham inspired me to start a UA-cam channel talking about real estate investing! I currently have two properties that cash flow me $1100/mo!
@@JamesHollowayYT I'm thinking of doing this in the future. How easily is it to loose money
Hunter Joy doing which part?!
what’s your job if you don’t mind me asking ? i’m in the same boat right now, 22 but recently started investing in myself
Subverted I’m active duty Air Force!
Investing in getting into computer programming without college degree. Haven't done a good job investing in myself until now
I'll never regret investing in myself! Invested $400 for a real estate investing course, and it helped me achieve $1100/mo in cash flow from only TWO properties! Also learn new things and expand YOURSELF!
Nawal Ahmed Kris Krohn’s Lease Option Pro! I teach some of that strategy on my UA-cam channel. Just with my experiences with my two properties!
I hate Commenting I do not! I don’t NEED one. But on the other hand, I will be getting my license just so I can make those commissions on the side then dump all that back into my portfolio of properties :) I’m currently active duty Air Force!
I hate Commenting not a problem :) if you ever have any questions about real estate investing, you can ask me at anytime on my UA-cam channel and I’ll gladly answer anything you got!
I hate Commenting thank you ❤️
How to get rich in your 20s?
Sell the white gold. Nonono, not cocain, that's so 2019, sell toilet paper. Or even better, hand sanitiser.
😂😂 not cocaine
😂😭 thé truth has been spoken
white gold! lol I'll keep that one in mind
Graham strategically puts ads right before he’s about to say something we’ve waited for 😂
Thank yo uso much for summoning up the video in the descrription. Most people do not even mention the stuff they talk about. It is so helpful to just read the quick version instead of listening to the netire video, especially if you don't have much time to spent.
‘The best investment is in yourself’ Yeaaaa, so how do I short that?
Life changes
Therapy
It could mean a lot of things
You funny. :D
773 ohh woosh
Stuck in quarantine or at home? Perfect time to binge Graham Stephan videos! Also Graham are you trying a different upload schedule for the second channel?
Enjoy! Yes for now, Tuesday and Saturday!
Saaame been doing it all week lol
*Not a 20 year old anymore but all great tips. Life goes by fast. Make mistakes and enjoy life!* 😉
My first mistake was putting 2500 info crypto a few years ago when it was at an all time high. 🤣 tought me alot though. Now its just long term roth ira and 401k. Havnt sold my crypto. Maybe it will go back up one day.
Honestly I really love your channel!
I am only 15, so I don't have much financial freedom nowadays, but watching you really inspires me. I hope I can work out some of your tips so I can really start investing.
Thank you for releasing these videos, I hope I can take as much from them as possible.
Stay nice, and please, keep posting!
how's life now? are u any closer to financial freedom?
2. Get a reliable used car
Graham: Get you something that is reliable and used and will get you from point A to B and won't make you go broke\
Me, a car guy: *stares intensly at 1994 Toyota Mark II JZX90 that I need to import for a total cost of 19k USD*
At least you ain't a BMW guy, those lose money QUICK 🤣
Let alone youre not driving pirus but getting some respect in car scene
Y'all know any good car youtubers or sum yo get into? Idk anything about cars coming into my senior year lol
@@agent00p65 Tj hunt, adam lz, cleetus mcfarland, evan shanks, monkey london and many more people
feeling so bad to be a car guy after improving my financial knowledge... my long term goal was and is to buy a mark 2 TTRS and ive saved all up for it. Allthough it could be used as a down payment in RE or anything else in terms of investment whatsover i am sure i am sure the car will make me happy as well .. bad hobby
I opened up my Roth IRA when I was 19 and that honestly was the best decision I could have made. I put $1000 into it to begin with, which felt like a lot of money at the time, but now, after I've graduated from college and have more of my life together, I can look back and fully realize that it was such an important move for me then. 👍👍
i feel like this week would be a great time to catch up on paperwork
6:28 - What differentiates a "good cpa" v.s. and an average cpa? What are some of the things to look for so you don't settle for an average cpa?
What cpa means
El Ka certified public accountant
According to the rumors I have heard, the best way to find a good quality CPA is word of mouth. Ask your most prosperous friend who they use. Or ask a supervisor at your local bank who they use.
Working on my real estate license, following graham daddies foot steps is a must
Dude, the US are a paradise for investing. I live in Europe and we're getting milked here. As a middle class worker I have a higher tax rate than a top class manager in the States. Not even talking about investment income, but about salary taxes.
Im so glad I started watching Graham at a young age, he's inspired me so much, at 19, I purchased my first house for, $67,000 (appraised at $99,000) and I'm currently upgrading the kitchen and bathroom to hopefully raise the value a few thousand. Hopefully in the next few years I'll have enough to purchase a duplex or triplex and house hack and use that to reinvest!
How did you come across the $67,000?
@@HondaCivic581 its called a mortage?
@@richyoung4051 youre guessing my guy
Nobody:
Graham: third best thing is to smash the like button... okay fine I’ll tell you. The third best thing you can do in your twenties is- *30 second ad*
whats an ad? *coughs in YT premium
"And he stood up and preached in a loud voice 'Buy and hold' I wanna hear again 'Buy and hold', hallelujah"
I must say this is one of the best videos I've seen from you Graham. You're providing great information but you're also fun to watch. You keep me engaged at least 💯
More videos on what you can do in your 30’s if you’re starting from scratch.
"Unless you're 29 and a half" feeling a little called out here Graham 😂
It’s interesting how you zoom in after every sentence, and zoom out back to normal before starting another idea.
Me at 28: spent all my 20s partying, being in a cult and a degree that I hated. D'oh. :(
(I dont regret travelling though )
Wait up, can we back track to the 'being in a cult' part?
explain the cult we need anwers
Naw, you can’t just roll past, “being in a cult” like we didn’t just read that 😳😂
Cult? Please explain. Not here to judge just genuinely intrigued.
Everyone (im guilty too) is so interested in the cult part lmao
I really enjoy watching your videos. Im 21 years old and searching for ways to make more money and your yt channels is one of the main sources of learning how to use money correctly. So thank you and keep making great videos!☺️
I 36 and wish I had your advice earlier! Sent this to my nephews and hope they pay attention.
I bought a playstation during my 20s only to sell it after 6months after realizing i dont have time to use it.
So you’d recommend I don’t buy a PS5?
@@eddiewalker9114 yes because they will release a psVI
NoyFinance Vlog I found you here, I'm your subscriber. Love your credit card videos, good luck on your channel sir!
@@rachelleann2536 wow thank you
I'm attempting to skip the car and live on a bicycle until I'm more settled.
@Angel Ramirez Absolutely, living just on bicycle certainly has its limitations as far as living location and things like groceries are a little bit challenging. But these are sacrifices I'm willing and able to make to save on a car and gas/parking/insurance/maintenance. Not to mention the fantastic health benefits!
@Rajeev Vij I live in Ottawa actually so I feel you haha. I bike until I absolutely can't anymore, then it's the bus. But I see people toughing it out all year round.
For sure for health, planet, and cost bike is always the number one.
I do that in the city where I don’t need a car, and I really don’t go far away since I just work part time, save $1,000 every month, and I day trade at nights. Made pretty good money doing day trade in this downtrend market by shortening the positions if you know what I mean💴 thanks to corona. Thinking about buying car if I start a real estate though
You should read "How to Live Well Without Owning a Car" by Chris Balish - it's super helpful and super motivating!!
Video Request: Reacting to my Worst UA-cam Videos
oh no...
PLEASE! 😜
HahAHahahaHA yes please!
He did say “we’ll save that for another time”! We need a montage.
Yissss
About to turn 18 and have been listening to these videos for years, so excited to do it right!
Think and Grow Rich and Rich Dad Poor Dad are both amazing books! I never really liked 4-Hour Work Week other than the 2nd section. While TGR and RDPD were focused on being better people to be more successful, 4-Hour Work Week is a morally ambiguous way of being successful with no real bettering yourself in the long-run. Favorite book by far is Seven Habits of Highly Effective People. Highly recommend picking it up if you haven't already!
he mentioned "20's " 11 times .....im 31 i guess i missed out
Same. Its not too late tho lol.
These young people got it easy now with all this free info and sources
@@ElPikante503 hehe
Same here lol I'm 28 and a half but it's not too late
You counted?
I wish someone had told me all of this when I was in my 20's. Now I'm 30 years behind...
yeah im 16 nad i cross this video and im freaking out cause i never heard of anything like this and i dont know how taxes work or anything. No one ever told me and im from portugal so the things he said have other names and shits here, and google doesnt translate CPA and other things
@@fornas2 CPA = CERTIFIED PUBLIC ACCOUNTANT
it's not a race, you just have to adapt and reconstruct and make your own way
Next: How I Got the Model Y for $1
Meanwhile at banks: Why does this guy keep applying for credit cards over and over again
I've been watching you for awhile but haven't watched this video yet. I'm 21 and this video was a nice review of all the things I plan to do soon once I have a little bit more income security! I'm going to start studying for my CPA Exam (so there's Step 1&3, love killing two birds with one stone) and will hopefully buy real estate and house hack soon (still living with my parents so not throwing away money on rent). I already have a fair amount in investments as well and the only times I ever go out to eat is when the McDonald's app has a good coupon!
I’m 12 and your videos about adult things are still so freaking interesting
Book Recommendation: "How to be Rich" by J. Paul Getty (was the richest man in the world in the 60s). You should be able to just download it from the internet since it is in public domain now.
Also, Smash the Like button for the UA-cam Algorithm.
The video from your 9 to 5 job is the first video I've watched from you. And when I left a comment it didn't take a long time to be replied. I was like, why did he reply? Than I looked at the other comments and Graham replied to everyone of then. That's when I realized that this was one of the few youtuber that replies to comments. So this is the first channel I've subscribed to watch every video. Great channel, keep it up Graham 👌
Have you ever tried to make a video without coffee? Meet Kevin did, but I don't think he liked it. Maybe I should start drinking coffee so I'll put out more videos 🙈
I love how he says “Stonks” 🤣
Man! Just turned 30 and having the best things for your 30's would be great. Sometimes feel like I am getting a late start on some of the things your giving advice about.
Very informative video, I'm 18 now and already looking into real estate and investing in my career. Thanks for the golden advice!
Well this would have been excellent to pay attention to 10 years ago.
OMG!! YOU OWN A PRIUS?! 😍 *swoons*
But no seriously, I’m a huge advocate of cheap old cars. No car payments are the best!
If this video came out in 2021 the number 1 best thing to invest in, in your 20s, would be Toilet Paper.
And hand sanitizer
Toilet paper will MAGA
Turned 21 in January , immediately got my Commercial A License. Truck driving now, saving for a house! Cannot wait
Thank you so much for putting notes in your description, it makes it really easy to follow along & get a take away from the video 🙏🤗
Great video Graham, I think buying real estate and investing in stocks are key for everyone’s future and a great way to fund an early retirement
🙌🏼
Absolutely! I'm currently only in real estate (two properties that cash flow me $1100/mo) but I'm about to dump my excess cash into the market in the next few days :) I talk about my real estate properties and my experiences with them on my UA-cam channel!
With this market seems like nothing is a good purchase lol. Great time to start as soon as possible tho 👍
Agreed! Now is the best time to start
If I weren’t married I would have been like, “Wow, Graham, nice Prius. Is that yours?” Because I, too, own a Prius. Currently, a 2008 Prius. It’s still going strong with no issues. When it dies, I’ll probably upgrade it to another Prius. The most I’ve ever spent on gas was $100 in a month. Usually less.
+,1,9,2,0,3,8,9,2,7,9,6,
Send. a. message..@.☝️👆...Wass.🅰️.🅿️.🅿️...
I’m 18 and I really want to know how to manage my money well and start investing. I’m thankful for all of your videos!!
Thank you!!!! I drive prius and feel so much better now😭😭😭
Love the content brother,
You inspired me to open my own UA-cam channel to help change peoples life ❤️. Thanks man
I subscribed man
you have a nice channel
i am also subscribing
Can’t wait till next Monday when I turn 18 so I can get those 2 free stocks
It scares me how I can’t go out while I’m 17 and make memories with my friends in order to save as much money to be successful more faster🥺
If you sarcastic now, you will be able to enjoy the REST of your life at 25 if you save and invest your money wisely. I started at 25 (current age), and I currently have two properties that cash flow me $1100/mo!
Everything comes at a cost, you can be a good friend and they may still leave you.
You can't make memories for cheap/free?
Sad
number 6 got me fire, thanks bro
2. Reliable Used Car - I've owned a Camry since I was 18, I'm gonna be 20 this year and it was dirt cheap to replace brakes, tires, and maintaining it which I think was great.
Now you gotta hold it for at least 8 extra years :P
My buy & hold strategy : Toilet Paper & Hand Sanitizer
Mine: real estate (two properties that cash flow $1100/mo) and dividend stocks! I talk about my rel estate properties and experiences on my UA-cam channel!
James Holloway same!
Erik Ledezma nice! We on the right path :)
Spend money on education or learning. I think that is the best thing to spend money on!
I’m in a weird category that is rarely discussed, I’m a medically retired veteran. I have been retired since 2016 and due to my injuries from overseas I am very limited on what I can do physically. I have been very down since I retired solely because of my desire to work and progress in the military but I can no longer do that. What I’m trying to say is I’m tired of being stagnant and would like to make my retirement checks start working for me rather than live off of it if possible. Would you have any advise for me? I actually am interested in realty and owning income property as well. Anyway thank you in advance!
I will try to help as best as I can and if it doesn’t help well then sorry :(. By the looks of ur youtube channel ur young so why not a roth IRA? Also he doesn’t discuss this and it’s not a good idea if ur not 100% sure it’ll work but a vending machine, if you can find a good,used vending machine then that is passively making you money. I did the math though and for my case it would take me 4 years just to start making money (minus food, and cost of vending machine) but that was assuming it was only $15 sales a week so if you can find a good place that will get you even more money than that’s a good idea.
@@Badsniperarmy vending machines are not a good source of money long term unless you plan on running them yourself for several years. also location is key such at schools or places of work and installing a credit card reader you will earn way more cash allowing cards to be used
Learn how to code! You can rent books from libraries or find pdf of top coding books
I allways smash the like button for you youtube algorithm
SUCH smart advice and anyone in their early 20's should follow this step by step!