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This video taught us absolutely nothing, except for the fact that you got your MBA and degree in finance and other useless information😂

So True! You have to have done the basics yourself to know if your assistant is doing things well and inline with your company goals. With getting an assistant too soon; its easy to think they know what they're doing and I'm amazed at how many don't.

Facts!

What have these insurance companies been doing with all our money from the last 50 years in the places that haven’t needed any emergency? They should have so much money from all these years years and people not using their polices. Give me a break

Only real-estate-bro scum would complain about Newsom preventing people taking advantage of fire victims by temporarily banning unsolicited undervalued offers and enforcing price gouging laws on sellers and renters.

I have rentals, it have to be my primary residence? Can we do a quit claim on the deed and put it under my personal name? How can I have access I have 4 rentals and in trying to cash them out 90%LTV would be great

You can't be rich and have no money at the same time.

Yes, please call out full names and addresses. This needs to be done. They need to be shamed and police need to be aware of where they live at all times

Hmmm, I have three Master's Degrees; Accountability is not necessarily reflected by good grades; it shows you can memorize, Application in the real world is number one

People who are anti-education baffle me.

My grandpa said if you get a C your good. I went military and now im a property owner

So if my itemized deduction is less than stNdard i shouldnt file it?

In this economy? Please. No one in there 20s is going to be able to move out or buy a house.

Latino,asian,Middle Eastern. So the rest of the 7 billion people on earth. If you can't get a non traditional western woman, look for the other 3 billion. You nake 100k, 200k and up build onto the house. Build a house onto the house, increase its value, and you will inherit.

My goal is to give my kids two years post final graduation (any level) . In two years you should have been working a full time job, maximize paying off debt, or saving money.

Clearly, you are not managing your finances very well if you CAN itemize, and it's more than the Standard Deduction. 92% do just fine with the Standard Deduction, although there are probably an additional 2-5% of the 92% that can, but don't want to go through the hassle of itemizing. It's their choice, their loss.

I'm debt free with a paid for house and everything. I tremendous respect for Dave Ramsey as he's helped me through my journey. However, I will state that manual underwriting is a massive pain and will result in a 2% higher interest rate as well as larger loan origination fees. The process itself is substantially labor intensive for both the mortgage company and the applicant. Paying cash for a house is the best course of action, but if you must take out a mortgage, do yourself a favor and run a few charges on a credit card every month, then pay it off before the interest hits. This will allow you to build up a credit score (assuming you don't have one) and save thousands in mortgage interest and fees. 2% on hundreds of thousands of dollars is not only a lot of money each month, its a log of money each day. No need to pay all that based on some principle. I don't like credit cards either but if you don't have a credit score and need a mortgage, they're the best route to save money. Just my 2 cents.

How

"You're paying probably less than 1% of interest" That's just plain wrong and not what amortization do. Every month you're paying precisely your (example 3%/12 month) interest on your remaining loan balance. The proportion of principal vs interest of your payment changes in favor of principal but that's just because you have less principal to pay.

Thanks for the forecast! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?

It does not take long to ruin your credit, you could lose 50 points by 1 derogatory mark, but will take you months to years to regain those 50 points

I like you, buddy. I got into a debate with that guys followers. He teaches credit is a bad thing. New sub. Good luck on your journey.

Why do you need less regulations to do that?

Yeah as it should. But this is just on a month to month basis, and doesn’t include appreciation or getting your money back when you sell if it was a good investment. In the long run, in a decent real estate market, renting will always be an order of magnitude or more more expensive. Obviously because most of the money goes into the asset and might even appreciate significantly by the time you to sell. Not to mention write offs, equity credit, or any of the other financial benefits real estate assets and securities can bring.

Thanks for the forecast! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?

Is only in California?

I think Dave’s views on credit can be very helpful to average Americans. The average American is steeped in debt and is not taking advantage of their credit. The average American is being taken advantage of by their credit and is much better off not taking on any credit at all. Average credit card debt is over $6,000 and for a car, the average debt is over $11,000. If you add on all other debt, the average American household debt is over $100,000. Some people can manage that effectively, but the truth is that most people don’t, and they stay in debt. It’s easy for one to forget that not everyone can manage their finances as well as he/she can.

Stay in the system 👌

He’s just arguing why it needs to be a thing not that everyone shouldn’t use it rn

Difficult is not impossible… sure, the lender has to do what’s called “ Manual Underwriting..” but things worth doing are not always easy. Don’t be a slave!!

But with credit you get a home loan to buy a house you end up paying more for the home then it's actual value 99% of the time Dave explains how the entire credit system is flawed and the reason you just explained is completely why

That's the point, Dave say it all the time don't be afraid with being weird. I used to keep an eye on my credit constantly with Credit Karma and balance what credit cards to have and all that crap. Finally one day I had enough of stress out over it and deleted Credit Karma. Best decision I ever made. Now we are focusing on paying off all of our credit cards and closing the accounts as we do so. We are slowly transitioning to using as much cash as possible and it's way better

I agree with both of you. I work in finance and do not contribute to a 401k because I know what I’m doing. The only upside would be if they implement an insane capital gains tax like has been floated around, then a Roth 401k would be a great idea. But for anyone with below average to average financial knowledge- just do the 401k

If you have an 850 ceedit score how much in reserves do you need?

Grant’s fundamental analysis is based on a false premise because he assumes that rates will actually drop that low ever again. The T bond would have to take a massive hit in order for that to happen, which means that the country is fundamentally in a bad place. So yes, there might be an increased inventory, but that will probably be because there is massive unemployment and people can’t afford their mortgages.

amazon DID NOT release a tiny home. a company using amazon to sell their product did. that company does not inherit amazons reputation

Never co-sign for anything EVER.

Prices of home are not coming down ever...

More houses means that the people who already have money will buy them up before lower income people can and you’ll see rent increase even more than it is further depressing the economy. More of something isn’t necessarily better if it doesn’t go to the ones who need it

They will raise taxes to give out $25k. No such thing as free $

She couldn't give you the money even if she wanted to, it'll never pass congress. It would also make houses WAY more expensive. She's a complete moron and this proves it

As soon as anyone says “free money” I know the next words are gonna be BS

You're speaking like the left does. Why can you not explain how free money actually works? That's right, you can't because if you did explain it, it would be obvious how much of a failure that idea is.

Deregulating home-building could increase inventory and reduce prices. Offering $25,000 “free money” will only keep prices high and lead to tax hikes. There’s no such thing as free money.

Government handouts are never free. And kamala is an incompetant, malicous, traitorous figurehead who the fed wants to install forcibly like they did biden. That way they can maintain wars and ensure hundreds of billions of dollars can go overseas to dissapear into the pockets of elite psychopaths and genocidalists.

Trump2024

Ask yourself what will happen to new home prices when the government guarantees 25k for buyers. Remember what it did to the cost of education

Simple supply and demand, trumps view point lowers prices because houses won’t be scarce and cause high prices where as Kamala wants to give free money that (because it’s a government action) we have to pay for as the tax payers so it doesn’t help us when we just have to pay it back later anyways

Why should the government give down payment assistance? When my wife and I bought our house our down payment came out of our po,as it should. That is not "free money " that is outright theft by deception done by a crooked government to its citizens that got what we have by working hard and being responsible with our money. 26 years ago we worked and saved our money to purchase a new home. By working hard we were able to pay it off in 19 years instead of the 30 year mortgage we had. Take responsibility for you and your family and don't expect your fellow Americans to pay for YOUR house. Enough said.

There are no regulations keeping from building homes. All it would ease is building standards and create more homes below the quality of the purchase price.