It's a darn shame that this channel doesn't have millions of subscribers. So many people are oblivious about saving for retirement. And It's right here, on UA-cam, for free haha. All the information they could ever need is right here. Keep doing the good work you two, you're seriously changing peoples lives by making this type of content.
It's tough to get people excited to learn about money! I am trying to get people my age (22) to be smarter with their money and I make videos on it, but I find that I can't just give info because they won't watch.
I think a lot of people aren’t even oblivious but they actively choose to ignore the information. Some of my family members I share this information with and they simply disregard it even given the bad financial situations they’re in. It’s unfortunate, they’re missing out on more than they can imagine.
I’m 28 and have 82k in retirement, 6 month emergency fund, and only 78k left in debt (mortgage). I started taking money seriously at 22. Wish I had started right out of high school but all we can do is move forward and do the right things with the time we have left. Great video.
39, net worth about $1.4m and zero debt. I buzz my hair and beard with my Wahl trimmers I bought at Walmart $15 years ago😂. Did the math about a year ago and figured out my cost was down to 1.5 cents per cut and falling with every new cut! Keep up the great work guys.
Time being more valuable than money: I wish I had paused more to enjoy my kids activities, their life events, and the time I had with my family. I did what I thought was my best, but believe I could have done better.
I'm 22 and I am glad I have access to guys like this. They've even inspired me to try to teach my friends to be smart with their money! I don't want them to have to comment something like this in the future!
I’m 30 now. Started my Roth 2 years ago. I really wish I had started it when I was 18 (or younger). Realistically I could have only put in maybe 1k a year but even that would have added up. Some young people might get turned off by the $6k a year figure. There should be some emphasis placed on the fact that every little bit helps and if they can’t do $6k they should do what they can. Even $50 a month at the age of 18 would add up and get them started with the habit of saving.
I started at 27, and i can't believe it took me this long to learn about investing & retirement. I literally tell all my friends and younger siblings to do it, by far the most important thing i've learned as an adult.
@@m_rod9562 I started earlier this year and I am also telling all of my friends to start a Roth IRA and to be smart with their money! Around my age is the perfect time to start!
I wish I started learning about this earlier in life, so much of my time has been wasted trying to use money to chase happiness. Now I live a frugal life and I feel more fulfilled than ever!
Same here! My wife cuts my hair, we shop at the thrift store clothes (amazing what you can get), and both of our cars are 20 years old. We have been able to accumulate $600k in wealth in 8 years and growing. Nothing is more cool, than being able to help other people and not have to actually be worried about money (we still fight about sharing food at restaurants, because "we can't afford not to".
My hair stylist retired, so I went to my Dad's barber. I felt like I was headed to the Marines after that, so I bought a hair cutting kit. I've cut my own hair for years now. No more barber costs! Oh, and my truck is 16 years old. Now, I just have to convince my wife that my spending is the correct route.
My wife has been cutting my hair for years and I finally splurged for a quality set of clippers from Oster for a better cut and longevity instead of replacing them every couple of years. So far so good.
So worth it. It's nice to have a clean home...and the time a good cleaning requires is not worth it to me. I'd rather be outside with man's best friend. Lol
@@sunnyd4734 Or they are honest people just doing their jobs. Most of the time people return your expectations and your treatment back at you. Sure there are exceptions but generally you get a lot more by treating people with respect than you lose by being taken advantage of.
Another great show... engaging, smart, simple and consistent. If anyone is on the fence... I listened/watched for several months, visited in the office in person and then my lovely bride and I became Abound Wealth clients... we're having wonderful experience and seeing exceptional value. Thank you to the whole team!
The people that dislike this video think that it is cooler to look wealthy than it is to be wealthy. Since I started growing my wealth, I never think that people that have nice things are rich. I assumed that they are leveraged huge in debt, and they stressed out of their minds. If they are trying to impress me, it isn't working.
Every time I come here to see Brain & Bo talk about almost the same things yet I still get a fresh perspective on things. Please take this as a compliment. Love your work & I'm from India watching your videos because concepts are the same everywhere.
I love listening to you guys. You keep me on track and focused. I was thinking about upgrading my 2010 Toyota Camry to a newer one just because I can. But I don’t need it, I just want it. Thank you. Keep being you guys 😁
Keep it! My dads 2003 Camry is almost at 300k miles, still running great. Tiny repairs but nearly nothing especially in comparison to a new or used car.
Great video! Great information, I thoroughly enjoyed this video. The only change I would suggest is not to go in debt for a car period . Until you can pay cash for a new vehicle I believe you should be driving a used vehicle And not paying interest . I believe in only borrowing money for a house . Anytime you pay interest you are selling your future income for the current purchase. This is a great channel with some good advice. There are a lot of different ways to accomplish your goals And this is just my opinion
Guys, this content is the same as previously published. Same bullet points, same graphics, even the same anecdotes. I believe that content creation is quite difficult, but there are so many things you guys could discuss instead of the broad stroke items (which should be discussed at times). Discussing issues that others glossed over is what attracted to me to the channel in the first place. I may not be the target market and that’s fine but I think embracing the technical issues is what made this channel special. Hope you are well.
for the "perfect investor" does this include them also selling all of their investments at each peak before each bear market and then reinvesting all of it at the lows?
So I'm 27 and make about $130k a year living in Tampa and working remotely, now permanently. I have no debt, have a paid off car, and max out all of my HSA/IRA/traditional 401k every year. My net worth is around $220k as is. Are taxable investments the best move for me for money I don't spend?
Taxable is a great option. Gives you flexibility in situations where you may need access to money before reaching any penalty-free retirement age minimums.
I just did my first transfer from bank to fidelity. Starting my financial freedom journey late but I’m starting. Being as I use fidelity what allocation should I use for my Roth IRA. I just opened it up just not sure what the allocation should be
I wonder what that would look like if you dollar cost averaged in over time and built up a cash pile for the bottoms to also invest in at the same time
This is great, but if you had this super power to know the tops and bottoms. The best thing would be to invest every month and then take the money out at the top and put it back in at the bottom. Of course problem is timing the market is very difficult if not impossible. Better to invest in great companies and hold long term or indexes and hold long term. Just my opinion..... Great show and info!
Spent my 20's paying of debt (student loans, car, etc.). Investing wasn't on my radar during that time, and I wish I had known better to put even a little away each month. Now at 30 I'm finally on the investing train and only debt is mortgage, feels good to be in control, but seeing the long-term charts for 20-somethings is a gut punch. Ouch!
It's all about balance. don't try to keep up with the Jones but if you have the means don't be too miserly where you're not experiencing what life has to offer... There's no point in taking your money that you work so hard for to the grave
My father is one of those dreamers that are waiting for their big hit on a crash, lost 25 years of his life, got us poor as hell. And now at his 50's he has nothing, actually even less then nothing, because his huge debt. I'm 24 and going all opposite.
I would love a video on examples of fully funded retirement stories based on stratified income levels. Examples of if you make 30k you can do this, 50k, 100k, etc. or even more complicated examples like you made 40k in your 20s, 80k in your 30s, 100k in your 40s etc.
I love this, however 2% return on savings assumption. I think someone in the 1980's was getting more than 2% on there savings account while they were waiting to try and time the market. Dollar cost average all the way.
Even though I have a 30 year mortgage, I am ectstatic to have a 2% interest rate. The payment feels incredibly manageable and I feel like I am making a dent without feeling like I sacrificed too much house. I plan on staying in this house for at least 15 years. I purchased a new BMW i4 a year ago and I feel extremely lucky to have a 1.25% interest rate at a 60 months. I got 1.5k in dealer rebates, received 2 years of free charging, and got 7500 from the government this past March. I am currently maxing out 401k at 23k annually, maxing out HSA and investing it, maxing out ROTH IRA, and have 1 full year of emergency funds. I absolutely love you guy's video, one of the main things I have practiced is that savings rate impacts my financial decisions. If I have to adjust my 401k, Roth, or HSA in any way to afford a certain item, then I cant afford it. If I have to dip into my emergency fund then its a nope on my end. I may not exactly follow your plan to the T but I am getting there. My housing cost is 26% of gross income and my car payment is roughly 7% but I essentially get free energy from my charging plan and solar at my place so I factored that into my overall vehicle costs.
My neighbor ragged me fir 15yrs calling my second hand geo a CLOWNCAR...what an ashore..he died leaving zero money zero life insurance and his widow had to reverse mtg the house. Funny great guy but damn
Ughhh premieres in 31 hours 😭. Y’all can’t release these things fast enough for me! I want new episodes now! 😆 I just love you guys! Keep up the fantastic work educating the masses.
Biden should name Brian Preston Secretary of Education, period. We need more of this education, so every american, immigrants like me included, would prosper financially and would help America to be great again.
I opened a intuitive investor account with Wells Fargo. 10k initial investment. 400 dollars a month is what I'm contributing. Mutual funds is what my money is invested in. Can someone do some basic math and tell me how much I will have in 20 years if I stay at this position. Just lookin for input....
Hello I'll advice you work with Andrew Willis Heather He's the best broker I've worked with, and sincerely ROI is really good If your interested you I can give you his details We should all help our selves
This is not one of those videos you watch once and hope you extract lessons learned. This needs to be occasionally rewatched to ensure you stay reminded of the lazy investor path.
Yea but man, they're not trying at all. That's a bit too rogue for me, you shouldn't have to dress rich, but you should at least look cool. At your age you should know which clothes fit and which don't. Get $16 cut if the cut is good, if it's bad yo get what you pay for. There's a difference between showing off and looking nice
What's the point of 20% down, If I can get a loan for 36 months under 8%? It seems to me that the 20% rule is just a way to expand the amount of car I can buy
I’d say so you don’t go upside down during the life of the loan if your car gets totaled or you need to sell it for some unforeseen reason. You don’t have to spend up to that 8% “limit” if you don’t want to anyway.
Sorry, I didn’t realize this was a Money Guy rule, not dealership requirement. I’ve heard it before but tune it out because I pay cash for cars at this point. 😀
Having worked PR for a liquor company that also owns wines I can say some of the best tasting wines are inexpensive. With a developed palate you can look past the hype and choose well.
I've had solid $15 bottles before. Still, a good quality $30 bottle is almost always superior to anything under $10. Most of the time, it's not even remotely close, but there are exceptions of course.
![Top 10 Mind Blowing 🤯 Money Stats [That Will Make You Rich!]](/img/n.gif)
It's a darn shame that this channel doesn't have millions of subscribers. So many people are oblivious about saving for retirement. And It's right here, on UA-cam, for free haha. All the information they could ever need is right here.
Keep doing the good work you two, you're seriously changing peoples lives by making this type of content.
Just realized this is a scam not the real money guys commenting here.
It's tough to get people excited to learn about money! I am trying to get people my age (22) to be smarter with their money and I make videos on it, but I find that I can't just give info because they won't watch.
@@MarkNealJr most folks won’t care about their future money until it’s too late, which is sad, but if someone wants to know teach them.
I think a lot of people aren’t even oblivious but they actively choose to ignore the information. Some of my family members I share this information with and they simply disregard it even given the bad financial situations they’re in. It’s unfortunate, they’re missing out on more than they can imagine.
@@Jedichikin why
Every time I watch one of these videos from these guys, I log in and increase my retirement contribution 😂
I’m 28 and have 82k in retirement, 6 month emergency fund, and only 78k left in debt (mortgage). I started taking money seriously at 22. Wish I had started right out of high school but all we can do is move forward and do the right things with the time we have left. Great video.
Lots of people would be happy to be in your position! Great job
39, net worth about $1.4m and zero debt. I buzz my hair and beard with my Wahl trimmers I bought at Walmart $15 years ago😂. Did the math about a year ago and figured out my cost was down to 1.5 cents per cut and falling with every new cut! Keep up the great work guys.
Haha, just replaced my Wahl after 12 years, I splurged on the cordless one!
Wahl are the best. I do the same thing!
Man, so u mean I'm saving 1.5 cents a cut by letting this mop keep growing ?
Nice! I’m too stubborn I gotta pay 15 bucks…but it’s only every other month. At the time of my hair cut I bring back the 80s grunge period.
Time being more valuable than money: I wish I had paused more to enjoy my kids activities, their life events, and the time I had with my family. I did what I thought was my best, but believe I could have done better.
What if I told you that I’m doing all those things with my sons. But I live in a mobile home. And I believe I should be doing better.
I get it... but I did the best that I could do.
@@denikamichael844 should be doing better in what respect?
Wish I had found you guys 10 years ago. I did not realize the power of the Roth, I contributed but not all the time and I want to kick my own butt:)
You’re investing advice is simple, and doesn’t require you to do a lot of thinking. I wish that there were resources like this when I was in my 20’s.
I'm 22 and I am glad I have access to guys like this. They've even inspired me to try to teach my friends to be smart with their money! I don't want them to have to comment something like this in the future!
I wish I could have watched this video about 7 things you wished you knew about money earlier earlier.
@The Money Guy show scammer fake account
All. Of. This.
@@rashedpw3471 why?
@@LorienGreen l
Thank you for making me stutter with that sentence.
I’m 30 now. Started my Roth 2 years ago. I really wish I had started it when I was 18 (or younger). Realistically I could have only put in maybe 1k a year but even that would have added up.
Some young people might get turned off by the $6k a year figure. There should be some emphasis placed on the fact that every little bit helps and if they can’t do $6k they should do what they can. Even $50 a month at the age of 18 would add up and get them started with the habit of saving.
Bro I started at 30 and I am 32 now, I feel you :(
I started at 27, and i can't believe it took me this long to learn about investing & retirement. I literally tell all my friends and younger siblings to do it, by far the most important thing i've learned as an adult.
@@m_rod9562 I started earlier this year and I am also telling all of my friends to start a Roth IRA and to be smart with their money! Around my age is the perfect time to start!
I wish I started learning about this earlier in life, so much of my time has been wasted trying to use money to chase happiness. Now I live a frugal life and I feel more fulfilled than ever!
I have my wife cut my hair and I drive a 2004 Honda Accord. I actually feel cool in and rock that Accord everywhere I go!
01 with 215k on it. Been a rock!
Same here! My wife cuts my hair, we shop at the thrift store clothes (amazing what you can get), and both of our cars are 20 years old. We have been able to accumulate $600k in wealth in 8 years and growing. Nothing is more cool, than being able to help other people and not have to actually be worried about money (we still fight about sharing food at restaurants, because "we can't afford not to".
@@XBoysAtWorkX that’s awesome !
So, to summarize...
Just plow cash into the market. As much as you can, for as long as you can.
Done deal! 😁
You two are so wise! This episode should be shown in every high school before students graduate.
2k subscribers in less than a week 200k here you come.
I am always learning. More the older I get. I am almost retired, thakyou for talking to my age too. Aloha
My hair stylist retired, so I went to my Dad's barber. I felt like I was headed to the Marines after that, so I bought a hair cutting kit. I've cut my own hair for years now. No more barber costs! Oh, and my truck is 16 years old. Now, I just have to convince my wife that my spending is the correct route.
My wife has been cutting my hair for years and I finally splurged for a quality set of clippers from Oster for a better cut and longevity instead of replacing them every couple of years. So far so good.
I like his advice. He is much better than Dave Ramsey and is more practical. Plus I am a CPA so I can relate to him.
I drive a 2013 Nissan Rogue with 101k miles, but I recently hired a housekeeper to get more time back.
So worth it. It's nice to have a clean home...and the time a good cleaning requires is not worth it to me. I'd rather be outside with man's best friend. Lol
@@sunnyd4734 Or they are honest people just doing their jobs. Most of the time people return your expectations and your treatment back at you. Sure there are exceptions but generally you get a lot more by treating people with respect than you lose by being taken advantage of.
Another great show... engaging, smart, simple and consistent. If anyone is on the fence... I listened/watched for several months, visited in the office in person and then my lovely bride and I became Abound Wealth clients... we're having wonderful experience and seeing exceptional value. Thank you to the whole team!
Great video guys! I totally wish I had this knowledge and drive when I was 20. Now @35 I’m hyper focused on retirement and purpose driven investing.
I'm 22 now and I'm lucky I have the money guy show, dave ramsey, graham stephan, andrei jikh, etc.
The people that dislike this video think that it is cooler to look wealthy than it is to be wealthy. Since I started growing my wealth, I never think that people that have nice things are rich. I assumed that they are leveraged huge in debt, and they stressed out of their minds. If they are trying to impress me, it isn't working.
Compounding!
(I haven’t watched it yet but, that’s my answer by far!)
Complications don't create success.
Success creates complications.
Yep 👍
Love the quote about keeping things simple and not seeking out complexity!
Every time I come here to see Brain & Bo talk about almost the same things yet I still get a fresh perspective on things.
Please take this as a compliment. Love your work & I'm from India watching your videos because concepts are the same everywhere.
I love listening to you guys. You keep me on track and focused. I was thinking about upgrading my 2010 Toyota Camry to a newer one just because I can. But I don’t need it, I just want it. Thank you. Keep being you guys 😁
Keep the 2010 Camry ! They’ll last for 300k plus miles !
Keep it! My dads 2003 Camry is almost at 300k miles, still running great. Tiny repairs but nearly nothing especially in comparison to a new or used car.
Glad you guys called out the media, you said so many great things in this video. God bless you guys.
This should be thought in high school.
These charts are so revealing.
Good talk, remember to still live your life. You never know what’s going to happen tomorrow so remember to enjoy life in the moment
I love your show guys. I’ve been binge watching them after work
Great video! Great information, I thoroughly enjoyed this video. The only change I would suggest is not to go in debt for a car period . Until you can pay cash for a new vehicle I believe you should be driving a used vehicle And not paying interest . I believe in only borrowing money for a house . Anytime you pay interest you are selling your future income for the current purchase. This is a great channel with some good advice. There are a lot of different ways to accomplish your goals And this is just my opinion
I feel the same way about cars & I work in the automotive industry lol!
Guys, this content is the same as previously published. Same bullet points, same graphics, even the same anecdotes. I believe that content creation is quite difficult, but there are so many things you guys could discuss instead of the broad stroke items (which should be discussed at times). Discussing issues that others glossed over is what attracted to me to the channel in the first place. I may not be the target market and that’s fine but I think embracing the technical issues is what made this channel special. Hope you are well.
"This is why they have instructions on shampoo bottles" - Brian Preston
If they put that on merch I'll buy it.
28:00 great point. DCA beats market timing.
My 18 year old self needed this. Im 23 and finally starting to save up using the FOO. 5 years of work just to save $0
I just love when he uses the phrase "walking up the mountain with a yo-yo' --- As per Merriam-Webster: yoyo - a stupid or foolish person
Love the statistics. You're providing proof the concepts that you are sharing.
This should be shown every year in high school to kids
34:00 don't watch non-financial people talking about financial news/stocks. Always be investing for the future and humankind.
If you can pay cash for a house. Should your house be 25% of your net worth?
House as a % of net worth seems like a tricky thing to evaluate. Someone worth $100M maybe it’s
25% of gross income for housing ... rent where I am is 40% of my gross income. Got a cardboard box I can have?
Great life and financial lessons as usual.
Saved for my 3, 5, and 7 year old.
25:39 time in the market better than timing the market. Good example!!
for the "perfect investor" does this include them also selling all of their investments at each peak before each bear market and then reinvesting all of it at the lows?
Thank you for answering in the message I sent you guys. See you guys in the future. I promise 😉
You guys are amazing, and the show is fantastic! Lots of respect from NYC!
So I'm 27 and make about $130k a year living in Tampa and working remotely, now permanently. I have no debt, have a paid off car, and max out all of my HSA/IRA/traditional 401k every year. My net worth is around $220k as is. Are taxable investments the best move for me for money I don't spend?
Taxable is a great option. Gives you flexibility in situations where you may need access to money before reaching any penalty-free retirement age minimums.
I really love The Money Guy Show
Can you comment on the Buffet Indicator (TNC to GNP ratio)?
I wish I watched this 30 years ago !!
Such an amazing content ! Great work ! I appreciate it !
Market dips I squeeze my budget for everything but the pocket lent for that tiny bit I'm a sucker for a sell.
If i have millions and no debt, im buying a 100k car. I dont need to die in a mountain of gold I worked for
I just did my first transfer from bank to fidelity. Starting my financial freedom journey late but I’m starting. Being as I use fidelity what allocation should I use for my Roth IRA. I just opened it up just not sure what the allocation should be
Low cost total market index etf. Save yourself time. Don't screw around with single stocks and get clowned like I did
@@marksweetser6312 appreciate the reply brother. I got a message from them. Very new to doing this on my own being self employed.
Watch Our Rich Journey to learn. A very calm, kind FIRE couple who retired from government jobs in their 40s with two kids.
target date funds are a good starting point.
March those dollar bill soldiers into FZROX at a steady, solid pace!!!
It’s blowing my mind that people actually have car payments that high. The most expensive car payment I ever had was $400 and I thought it was high 😂.
I feel like all of us who kick ourselves need to make sure a few younger family members learn this!
I’m so glad I found this video when I did! I’m 24!
If lazy investing and keep it simple work why would you need a finacial planner.Just diversify in low cost index funds and save your fees?
I wonder what that would look like if you dollar cost averaged in over time and built up a cash pile for the bottoms to also invest in at the same time
I'm working on being stinkin' rich. I'm half way there now.
This is great, but if you had this super power to know the tops and bottoms. The best thing would be to invest every month and then take the money out at the top and put it back in at the bottom. Of course problem is timing the market is very difficult if not impossible. Better to invest in great companies and hold long term or indexes and hold long term. Just my opinion..... Great show and info!
You can make money with time.
But you cannot make time with money.
Great content!
When im tempted to buy something I rub the silver coin in my pocket...spending is way down💙
You dudes rock!!
Spent my 20's paying of debt (student loans, car, etc.). Investing wasn't on my radar during that time, and I wish I had known better to put even a little away each month. Now at 30 I'm finally on the investing train and only debt is mortgage, feels good to be in control, but seeing the long-term charts for 20-somethings is a gut punch. Ouch!
ya sadly our previous generations screwed us, but better to learn now thanks to people like this than never
It's all about balance. don't try to keep up with the Jones but if you have the means don't be too miserly where you're not experiencing what life has to offer... There's no point in taking your money that you work so hard for to the grave
My father is one of those dreamers that are waiting for their big hit on a crash, lost 25 years of his life, got us poor as hell. And now at his 50's he has nothing, actually even less then nothing, because his huge debt.
I'm 24 and going all opposite.
I feel that the more you think you need to try to convince others that you are a thing the less likely it is that you are that thing.
I would love a video on examples of fully funded retirement stories based on stratified income levels. Examples of if you make 30k you can do this, 50k, 100k, etc. or even more complicated examples like you made 40k in your 20s, 80k in your 30s, 100k in your 40s etc.
Sam Walton drove an old Ford F-150 and lived in a three-bedroom ranch house and wore a Timex watch =He had nothing to prove
Great show, guys
Been following you guys for several months. I wish I knew about you guys a decade or so earlier. Love you guys 💯
#1 nobody ever has enough..
I love this, however 2% return on savings assumption. I think someone in the 1980's was getting more than 2% on there savings account while they were waiting to try and time the market. Dollar cost average all the way.
Yeah but inflation was higher too; these effects tend to net even
Even though I have a 30 year mortgage, I am ectstatic to have a 2% interest rate. The payment feels incredibly manageable and I feel like I am making a dent without feeling like I sacrificed too much house. I plan on staying in this house for at least 15 years. I purchased a new BMW i4 a year ago and I feel extremely lucky to have a 1.25% interest rate at a 60 months. I got 1.5k in dealer rebates, received 2 years of free charging, and got 7500 from the government this past March.
I am currently maxing out 401k at 23k annually, maxing out HSA and investing it, maxing out ROTH IRA, and have 1 full year of emergency funds. I absolutely love you guy's video, one of the main things I have practiced is that savings rate impacts my financial decisions. If I have to adjust my 401k, Roth, or HSA in any way to afford a certain item, then I cant afford it. If I have to dip into my emergency fund then its a nope on my end.
I may not exactly follow your plan to the T but I am getting there. My housing cost is 26% of gross income and my car payment is roughly 7% but I essentially get free energy from my charging plan and solar at my place so I factored that into my overall vehicle costs.
do those Roth IRA figures account for dividends being reinvested over your contribution limit?
Dividends are not a contribution,
@@genxx2724 exactly
The black background washes out the foreground. Change it back to your branded blue
My neighbor ragged me fir 15yrs calling my second hand geo a CLOWNCAR...what an ashore..he died leaving zero money zero life insurance and his widow had to reverse mtg the house. Funny great guy but damn
Ughhh premieres in 31 hours 😭. Y’all can’t release these things fast enough for me! I want new episodes now! 😆 I just love you guys! Keep up the fantastic work educating the masses.
Biden should name Brian Preston Secretary of Education, period. We need more of this education, so every american, immigrants like me included, would prosper financially and would help America to be great again.
Brian is a white male in his late 40s. He is not qualified. USA needs diversity.
@@lazyhunk2 🤪
@@lazyhunk2 lmao
Biden is not nearly smart enough to do that
I opened a intuitive investor account with Wells Fargo. 10k initial investment. 400 dollars a month is what I'm contributing. Mutual funds is what my money is invested in. Can someone do some basic math and tell me how much I will have in 20 years if I stay at this position. Just lookin for input....
Is he describing “Can’t Buy Me Love”? If so the nerd was Patrick Dempsey. I wish I was that nerdy.
I wish I understood how the financial system works sooner than last year. I thought I knew about money. Now bitcoin.
Hello I'll advice you work with Andrew Willis Heather
He's the best broker I've worked with, and sincerely ROI is really good
If your interested you I can give you his details
We should all help our selves
You must think I stupid. Damn scammer.
I cut my own hair 😂 I'm a guy! If I mess it up it will just grow back LOL
This is not one of those videos you watch once and hope you extract lessons learned. This needs to be occasionally rewatched to ensure you stay reminded of the lazy investor path.
Mark Zuckerburg needs to be added to that Warren Buffet Bill Gates picture….
8% monthly take home or gross income.
Yea but man, they're not trying at all. That's a bit too rogue for me, you shouldn't have to dress rich, but you should at least look cool. At your age you should know which clothes fit and which don't. Get $16 cut if the cut is good, if it's bad yo get what you pay for. There's a difference between showing off and looking nice
Lol Zuckerberg's t-shirts were 500 bucks a piece
You can get a haircut at Betty and Nick's for $10 here in Chicago
i have never once paid for a haircut. and i wear carpenter pants and a t shirt every day. on my way lol
No on car payments. If you can't pay cash then you can't afford it.
I eat Kids.meals at Chipotle and My Wife cuts my Hair!
We drive our Cars for 10-years!
All these traits should make us millionaires!
So how far are from the target 1M.. just curious
@@NaNa-lt1po
I cut my own hair and it's amazing!!!!!!
What's the point of 20% down, If I can get a loan for 36 months under 8%? It seems to me that the 20% rule is just a way to expand the amount of car I can buy
Twenty percent is to make sure the buyer has skin in the game.
I’d say so you don’t go upside down during the life of the loan if your car gets totaled or you need to sell it for some unforeseen reason. You don’t have to spend up to that 8% “limit” if you don’t want to anyway.
@@willm9359 good point, I didn't think about negative equity!
Sorry, I didn’t realize this was a Money Guy rule, not dealership requirement. I’ve heard it before but tune it out because I pay cash for cars at this point. 😀
ehh Bill Gates definetly does, but in his case it's trying to buy the Nobel Prize... but, hey I guess it would be an appreciating asset.
No more broke and in huge debt people.
Spending less than $10 on a bottle of wine is the most unacceptable thing I heard in this video.
do a blind tasting and you will be surprised.
Having worked PR for a liquor company that also owns wines I can say some of the best tasting wines are inexpensive. With a developed palate you can look past the hype and choose well.
@@hrhsophiathefirst4060 And remember, they all get the job done. Sorta kidding. I do enjoy a nice wine.
I've had solid $15 bottles before. Still, a good quality $30 bottle is almost always superior to anything under $10. Most of the time, it's not even remotely close, but there are exceptions of course.
@@Asian_Movie_Enthusiast I had some award-winning Two Buck Chuck. Compared to my nicer wines, it was raw and undrinkable. I won’t buy it again.