Title | : | MILLIONAIRE CAUGHT BORROWING MONEY |
Lasting | : | 0.27 |
Date of publication | : | |
Views | : | 3,2 jt |
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Only youtuber that fives good advice If u disagree u re just lazy and dont want to work Comment from : @herusmonteiromelo3410 |
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Except your interest rate has to be low which in 2025 good luck lmao Comment from : @BosSoxFan15 |
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How do you have dollars when you live in England Comment from : @Atl8ntas |
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How to make a shit ton of cash: Buy / builds homes in north texas Comment from : @1993VolkswagenPassatGLXVR6 |
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i cannot risk my live to have a leverage so no, better invest but no leverage Comment from : @aroffiputra |
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It also has various tax benefits The same tax laws that are supposed to help people in debt also help the rich to buy stuff without taxable income Comment from : @ShaharHarshuv |
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So debt is a luxury Comment from : @hadesium |
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Gain 10 on your investment, while pay 20 on your mortgage 😅 Comment from : @AtGaspachio |
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I can't wait for the biggest economic depression coming like 1929, ans the S&P losing 30-50 👀 Comment from : @Pwnstr95 |
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👍DITTO Comment from : @denyasaltz1994 |
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I mean I only heard that basically you use debt which is going down value due to inflation to buy assets that not only go up in value, but glean generate you an income such as real estate But I’m no expert so… Comment from : @Styled_Society |
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Dave Ramsey would say otherwise Comment from : @tubejaca |
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With all what money Like how do you start Comment from : @MichaelPapalia |
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I think most of it coz tax and IRS 😅 Comment from : @DogeRider985 |
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I wish I was smarter in understanding this better😵💫 Comment from : @TheVeyZ |
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I'm sorry but I'd rather not get myself in debt Comment from : @FavvvvazM |
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Wait until they learn what a margin call is Comment from : @shep9194 |
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Why is your voice on the left and the other on the right Comment from : @BOYYYYYYYYYYLOLL |
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Debt is bad These magicians of greed(boomers) will convince you to screw the world over in search of wealth you don't need Will you gain the world and lose your soul? Earn wages for the work you do and live content, do not be jealous Comment from : @jordonhodges8493 |
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Every one wants You tu put money on sp is like a pirámid Comment from : @jesus2621 |
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The key here is productive debt in nett, not consumptive Comment from : @wumbo2421 |
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This is also why a emergency fund is so important Comment from : @insertusernamehere8575 |
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S&p 500 index fund Does it really make 10 average back?! Comment from : @hamadalromaithi4723 |
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Hahahha try getting a mortgage if you're self-employedgo on try? You won't get past the first hurdle Comment from : @blackporscheroadster-yw8hb |
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Boomer logic Now none of his grandkids can afford housing Comment from : @LittleKing93 |
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What qualifications does this man have to give financial advice? Comment from : @Thalasius |
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And the money you spend in interest on your mortgage will cancel out your fake returns Comment from : @frommboy |
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Investing in his this is just making him richer haha Comment from : @BlindGuardianSsj2 |
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Rich men can choose their dads they want Comment from : @sweeanntay5601 |
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Wait isn't the morgage interest rate gonna hurt that? I'm genuinely curious I thought a mortgage would be more than the interest return of the index fund? Comment from : @UnephenStephen63 |
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They know all loop holes to avoid taxes This system needs a change Comment from : @powerslaveizzy |
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Why this seems like a money printer: Profits going to shareholders is money that bisn't/b being paid to the workers who actually make those companies runbrbrIf you're rich, the system lets you get richer off of other people's work Comment from : @vitoc8454 |
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my headphones are lowkey tripping Comment from : @xxdragonxx1735 |
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Dave Ramsey is having a heart attack watching this short right now Comment from : @WesternBachelor |
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Works when in your country mortgage rates are less than 10 Comment from : @Ivan_the_IV |
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So them rich people put their own money to work, while use someone's money to buy something While doing that, you use the compound interest to paid the debt? Comment from : @silent_explorer244 |
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thank you, holy shit I have a business degree and I’m learning more from you than school which is terrifying Comment from : @105thBattalion |
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Has he talked to Dave Ramsey ?😊 Comment from : @snail847 |
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Don’t let Dave hear this… Comment from : @Bluenblack17 |
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Incorrect Comment from : @spark967 |
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Or pay the house off quicker? Comment from : @spottygamer |
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Who willbrPay 20 interest ? Comment from : @growithashim |
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Yeah dont oay your nortgage off and pay stupid high interest rates Mad Comment from : @robertreader6539 |
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This is strategic loans Not recommended for poor people but seems intresting if you are rich Comment from : @rallers3002 |
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I'll take the paid-for house I'll use what would have been the payment to invest Comment from : @josephbarker91 |
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The thing is that your debt has a higher interest than your s&p Because s&p is not certain, it can drop 40 on any company at any time just like intel did and nobody would ever believed this could happen years ago brbrSo advice is half baked Comment from : @horiabodeanu7641 |
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Debt is bad but if good outweighs the bad the situation is good Comment from : @TheDeepWokenian |
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Now what if s&p 500 declines that year Comment from : @svokxz6435 |
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Unless it crashes Comment from : @Roana-r8o |
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I am one of the guys that do not go into dept I feel like the whole situation would get out of my control and that is not a feeling i would enjoy Guess i just don't like moneybrbrI would also say that the current state of passive income from loans into investments are very versatile and unstable atm Do not expect to make a living out of this You would also need a MASSIVE loan (that most people can't get) if you only use 20 on a house and 80 into investments Comment from : @NeroNORirl |
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I'd love to see this grandpa arguing with Dave Ramsey 😂 Comment from : @MarcosTrazzini |
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He’s just casually flexing the entire briefcase full of money lol but great explanation Comment from : @Random-yk5vy |
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Bro is getting just keep on investing when u die ur investment would be uslesss Comment from : @HukuyiMurao-f9t |
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And bros getting more rich by making these youtube videos😂😂 Comment from : @mayankchandiramani |
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But Ramsey says different 😮 Comment from : @irfian67 |
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This guy has a fetish for s&p 500 Comment from : @ngelemental2274 |
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Do not forget Bank 🏦 interest 😮 for its loan Comment from : @talbertofdz |
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The current 15 year mortgage rate is 6091brThe current 30 year mortgage rate is 701brbrbrThe average return of the S&P500 br15 years (2009-2023) 1263br20 years (2004-2023) 900br25 years (1999-2023) 718br30 years (1994-2023) 967brMeaning that in the long term what he is saying is correctbrJust don't panic and be able to weather down markets Comment from : @Derekzparty |
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Your mortgage has to be locked in at a fixed rate less than 10 for it to be worth it Comment from : @loganmyall660 |
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FAKE RICH LOSER Comment from : @Xiao_PP |
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You just forgot to include the risk in the calculation brWhen the tide goes out, those who owe money will always be caught brbrFinancial life only works if you don't owe anyone anything Comment from : @davivaz6114 |
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how to get rich without paying interest (the bank shouldnt too) ? Comment from : @smashyburgy |
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Well that advice is wrong and far far away from the truth simply because the potential 10 per yer gained on invested money will actually be all lost and perhaps a lot more you gonna have to put down towards the mortgage interest every year Everybody knows how big of an evil all banks are and they are prepared to leave you skinned no matter what So what gives ??? On the other hand who do you think will let you borrow that much money that will allow you to only need to use 20 of the borrowed money to be enough to start a mortgage and put the rest on risky investment when all you have as guarantee is a lame job in construction or even a smaller monthly income ??? Sweet dreams This advice simply do not stand End off Comment from : @ovi_4 |
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Robert Kiyosaki said that he is $12B in debt Comment from : @Ineedpeace215 |
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If i get 40$ every friday how much willi need to save to more moneys? Comment from : @peytonanderson7355 |
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This is idiotic, real estate goes up atleast as fast as the market if not faster, and the payments on a mortgage are mostly interest so you are just wasting money this way, so dumb Comment from : @zoeyredmond5501 |
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Man I don't even think that this old man is too rich I mean maximum he could have is 10mil Comment from : @AyaanKhan-wy4gn |
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You can literally do both if you have enough to just outright buy a house you probably have enough or make enough to do both at that point Comment from : @procheesy2355 |
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What does he mean by S&P500? IS THat a stock app like 212 Comment from : @LittleTea62 |
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Oh that is good wow 👌 😂 Comment from : @LittleTea62 |
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Good day sir please 🙏 help me with a business money please 🙏 Comment from : @FatiimaMusahM |
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WTF is that title 💀 Comment from : @GrassEnthusiast-b3v |
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Must be nice to have enough to invest Meanwhile over 50 of the country cant afford an emergency $500 expense Comment from : @claymenefee6999 |
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yay legal tax evasion Comment from : @amilo5 |
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India with high rate of interest on loans 💀 Comment from : @Srigyan_Insights |
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👍🏻💯🎉 Comment from : @ธนกฤต-ค6ป |
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10 investment more than mortgage payment?brHow much the mortgage is? Comment from : @JesTo6s |
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Don’t believe these influencers when you think you get their game and try to adopt, the rich will trap you there and move to different game 😅 Comment from : @Yellowstonne |
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Why dollars in suitcase??? Comment from : @richardlister3906 |
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Wow 😊 Comment from : @Tam-st5uc |
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So you only need money to make more miney Thism system makes no sense Comment from : @gggooo-o4w |
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Was the mic not working? Comment from : @blink55667 |
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The problem with his argument is that the average 10 per year is over 10 years of incubation the first 3 years can be volatile, so you need to be able to weather the storm, while your mortgage is always due So do not do this strategy unless you already have secured your place to live Comment from : @Themoralofthestory |
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Remember kids, “investments” are just products someone is trying to sell you Not life changing goods Beware the scam stock market Comment from : @mistertwisty |
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