Financial Advisors React to CRAZY Advice on TikTok (Best Of)
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- เผยแพร่เมื่อ 5 มิ.ย. 2024
- The Money Guy Show's BEST TikTok Reactions!
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True story. I was walking down a dark alley last night. Suddenly, I heard a voice, a woman's voice, recite the money mantra. I immediately pulled out my phone to check my bank account. Lo and behold, $5000 had disappeared from my account and I heard her maniacal cackling echo throughout the city.
Oh no....u need to go back and recite the money mantra at the same place. You will get back your 5000 and an additional 1500. Don't forget the maniacal cackling 😂
Bruh idk about a money mantra, but you could definitely make $5k writing stories like this 😂
“I don’t think they’re saying cheap” 😂😂😂
SHEEEEEEEEESSSSSHH!
I wanted to see how the buy low sell high couple was doing, their last tweet was June 28, 2022 and they said "We lost a ton of money."
What a surprise./s
Seriously though, they seemed arrogant in their video. I hope reality has knocked it out of them by now.
LOL Bo explaining to Brian the Gen Z TikTok meme videos was HILARIOUS
He was so sad they weren't saying "Cheap"
@@pat-orl I
7:47 they say “SHEEEEESH“ to basically recognize the impressive aspect of someone’s belongings or events or accomplishments- Example, my friend just bought some really nice shoes that are on the higher end of a price range, I would say “SHEEEEESH” to emphasize how nice and expensive the shoes are. Honestly, it doesn’t even need to be an expensive thing as long as it’s actually nice haha
The only 🎉🎉😢u This guy 😂😢😂😊😊
Ilujj😅 6:08 😮😅 6:08 😊I 😢
The first couple are Affiliates for Robinhood. The link in their bio is driving traffic to Robinhood and they make a commission when people sign up. That's how you make $14,000 from $400. That $400 was probably what they paid for running ads in a month and not actually investing in Robinhood. Like the saying goes..."If it sounds to good to be true...." you know the rest.
So it's a pyramid scheme
@@LawrenceTimme No. There are probably just affiliates for Robinhood, meaning they make money when people click their link to Robinhood and sign up. That screenshot they show of how much money they made on Robinhood is probably not legit. Just my two cents. I could be wrong.
Plus wouldn't the taxes from that be a headache
Guys, I spoke into existence that I would wake up this morning with more money in my bank account. I looked at my bank account this morning, and my place of work had deposited that EXACT amount I spoke into my account!! No, I don’t think it has anything to do with the fact that today was pay day.
Same here. I think maybe I'll try this again in exactly 2 weeks
LOOOL!!! Thanks for the laugh!
Hey, that worked for me yesterday too! I can’t believe that by just speaking the mantra the exact amount I was expecting for the last two weeks of work just appeared out of thin air! 😂
Doctor: Sorry you only have days to live. Bo: Love it!
….I am so excited
The one you were both confused about with the eyes: it's all the different things that want her money because she has a good credit score so she's getting hit from every direction with "Need a car loan? A mortgage? A loan for literally anything else? We know you'll pay it back, your credit score says so!" 🤣
I started saving early and it actually reduced stress knowing I had savings to fall back on if I had to.
Completely agree. Especially if your employer is going through a rough time. Some colleagues were having sleepless nights, where as I knew if the company was to make me redundant or shut down, I'd be fine.
Cool story Bro.
I can’t believe there was a time y’all shared AirPods to record audio 🤣 the come up is real!
Reminds me of my school days. its adorable lol
and they even switched ears at around 11:28!
4:56 PV=nRT the ideal gas law of money 😂
Gotta learn chemistry to be rich
Euler's equation makes far more money
Dave literally says to invest 15 percent WHILE paying extra on the house!
pro tip: if you’re a life sucker landlord who doesn’t work and overcharges their roomates, do not let them know that! lol
Interesting perspective 🧐🤣🥴
Who says she's overcharging her roomates? If you are a landlord then by definition you are working. LOL
Landlording is one of the worst ways to get rich. I mean ethically, from a tax perspective it's pretty great.
@@lazerhawk2192 you’re not a landlord, obviously 😂
@bennyl7224 My parents are landlords. they did nothing to improve the properties they own and made 200% in appreciation while being slightly cash-flow positive. I don't think people should be rewarded for simply sitting on something they own. No economic value was created, just rent seeking behavior.
Not Bo confusing ideal gas law with continuous compounding at 4:54 (PV=nRT vs P=Pe^(RT) )
I am so happy I am investing early. I wish I would of started a couple years earlier. Start as early as you can! I am 23 and have over 20k in retirement already. Can't wait to see it grow!
I’m in the same boat. Just over 25k at 23 in my Roth and 401k. Love doing the hard work now.
Buy low and sell high. 📈
Well what fantastic advice.
Who’d have thought it?
I once had someone point this out to me on a chart once.
I didn’t have words for what I thought of his advice and neither do I now. 😂
Lol them both being the old man not knowing the "sheeeeeesh" meme.
Did Bo say PV=nRT???? The ideal gas law?
Dollars at low pressures & temperatures (far from their bowling point) can be treated as ideal
My favorite episode to date, great editing, funny funny 😂
These long form videos really help me pass the time at work
I hope Bo is excited
So excited for this video!
So great, thanks guys for making my day!!!
The salt water fish industry is actually pretty lucrative. You won't make a million dollars right out of the gate but it could be a nice side hustle. Even breeding coral or shrimp could work. Shrimp are part of the cleanup crew that helps keep the eco system in the fish tank healthy. It's an investment and takes a lot of knowledge, so it really has to be more of a passion you start as a hobby and happen to make money off it.
The problem a lot of people have with Dave R is they say he says to pay off the house, well yes, but after saving 15% in retirement accounts and having no other debt. So you are still investing while paying the home down.
3rd one is hysterical with the ifs 😅
You guys are so fun haha
My personal rule of thumb with TA is that it is only useful for finding entry points on stocks you want to buy that you already did you already did your due diligence, did all the necessary fundamental analysis, and have a none emotional thesis on why you want to buy that stock. Even then, if you are going to wait more than a week for the TA signal, then just push TA aside and just DCA into the position.
"SHEEEESH"
Cheappppp lol
Y'all gotta revisit the house hack. You're not getting a $900 mortgage and charging a roommate $1,900. GTFOH!
that might have worked in 2019, but not anymore
Might work if you buy a fixer upper and have the skills to do some home renovation yourself. But that's a whole skillset.
Depends on when the house was bought now absolutely not
I am a huge aquarium enthusiast. People can make money from selling fish, however good luck.
You’re gonna spend thousands just figuring out how to properly keep fish. Not to mention fish die easily.
They're saying sheesh 😂
I do think they were saving cheap… meaning it will be cheaper to borrow in the future because you have a good credit rating.
I love how the "Airbnb to retire" was just like, "oh yeah, just commit fraud"
20:30 When you discussed the permanent life insurance, you mentioned that the primary drawback was the lost opportunity for other investments early in life. Does that mean that if e.g. your folks sponsored your premium for you while you were young and you did other things like save for a home purchase, permanent/whole life could be a good product?
Sure when other people pay for things it is good because you get the entire benefit with none of the cost, but you'd still be far better off if your parents didn't pay for it and instead gave you the money they would have paid for it, and you invested it.
10:00 is definitely the guy on the right 😂
yall was defly vibing😅😅😅😅
wild that there are people on social media, which is easily accessible and very much public, admitting to all kinds of fraud just to make a quick buck. must make lawyers and tax agents giddy with excitement in today's age. at least a long time ago it was a lot harder to broadcast everywhere like this.
6:00 is hilarious but if you do this, don't tell the roomies the equation or else they'll dunk your toothbrush in the toilet
I have never heard Dave Ramsey tell anyone to not invest so they can pay off their house. Not sure where you guys are getting that from?
He does tell people to aggressively pay off consumer debt within a 2 year period before they start investing. And then you invest while you pay off your house.
Their current subscriber count is 401k 😂😂 I love it
8%/day returns - how to turn $1 into $1,583,692,108,867 in a year (and probably destroy the entire global economy in the process).
I’m here just for the “sheeeeeeeeeesh!”
I'm going big into shrimp!
First of all show me a Lamborghini for $200k 😂 they're all like $300-$400k now
And what about the transaction fees on all these stock buys/ sells?? By typically having only short term gains, he is taxed at the full rate for misc income, not the lower special capital gains tax!!
That first couple is pathetic, they should be embarrassed.
Anyone else here cause you’re waiting for Caleb vs boogie?
Yaaaa
No, that video's going to be disappointing af
Honestly, I love entertainment as much as the next person, but I hope this doesn’t mark a decline of Financial Audit into a Jerry Springer style outlet for deranged TH-camrs and other mentally unwell attention seekers
Thanks to Caleb Hammer, I only watch the Money Guys on Tuesday and Thursday
PV = nRT is the ideal gas law hahaha.
They weren't say "cheap" they were saying "sheesh"
How do you MAKE tenants pay your mortgage?
Bo, you explained that pet stores can use shrimp as feed. Okay, perhaps you're right but get real. There's absolutely no possible way for a pet shop using them as feed, to pay $15 a shrimp!
Shrimp are great pets, and are a lot cleaner than fish.
7:30 youth here- the voices are saying “sheeeesh” it’s trying to show that the bank, car, house, whatever are admiring the person. As if to say, “sheeesh, she’s got a 750 credit score? Sounds like my kinda gal”
what i learned is.. just do some magic and things are gonna work out
You can ship shrimp
You either understand money, or you don't.
They make money from affiliate link for robinhood
Love ya'lls channel but I get why it's so hard for people to make it. We have infinite access to wealth and tips, but what comes with that is 100s of thousands of scams out there too.
I’m startin me a bubba gump shrimp farm.😐 I foresee my million dollars coming. I swear….i see it🤑
Seems familiar, did they do this same clips in another show already ?
Yep for sure. I remember seeing the Paul one and the air bnb one for sure. Only made it that far when commenting this
I think because they called it "best of", it's all repeats
@@TheKelsonmorris actually I completely missed that lol
@@TheKelsonmorris I just saw the video and I clicked. Simple man.
18:07 I would like to give every sensible person a good advice. do NOT listen to people who put down other just because they help people do the safe thing for themselves and their families. Dave Ramsay promotes an approach that can work for every single regular person with the goal of maintaining a decent life. Some people want to be rich and that is fine, but the matter of the fact is that not all of us can be rich because if we all were rich, none of us will be actually rich. Most of us are and will be average people and there is absolutely nothing wrong with it. I wouldn't listen to a word from the mouth of someone like these guys.
I can almost guarantee that dude is trying to sell you something. Putting people down and trying to make them feel stupid is one of the oldest sales tactics and everyone should avoid salesmen.
They’re all friends in private but OK. It’s called respectfully disagreeing.
Sheeeesh
Haven’t I seen this before ?
"Best of" is the key word.
Dude in a cave 300 years ago… he could be something else but not history savvy
Petition to change sheesh to cheapppp
Long time listener and I love y’all. But why on earth did you you sit Bo smack in front of the MG logo? lol… Also (not sure if it’s just me) the audio sounds echoey… 🤔? Brian finally sounds like the transformer he always impersonates without doing his classic ‘quark quark quark quark’ sound efffect 😂 ~ Irrespective still a massive fan and infinitely appreciate you guys! Cheers!
This is an old episode they re-uploaded. The set up is much better now. They must be on vacation.
Ahhh gotcha, makes sense - thanks!
I'm so glad I don't have TikTok...
Ahh yes, I forgot about the history of the Puritanical work ethic of our cave-dwelling ancestors in...1723.
Basically we need lots of views to pay our rent 😊
Cheapppp~
6 hour days are for the lazy. What i do is 60 minute increments one after another. Think about it, every hour you get a day so now you have 24 days in a day. Checkmate losers.
Why would any one put up their net worth on tic toc lol they make points but Wealth is silent , and doesn't go public for likes to make the money they truly need lmao
Moron Mantra was funny.
Relying on the vig is a bad idea when it comes to debt. Borrowing at 3% and getting cds at 5% isn’t worth the gamble. Not to mention you pay income taxes on the interest earned.
Morons take financial advice from insurance agents.
You know who refers to Lamborghinis as Lambos. People who can’t afford Lamborghinis. Don’t take advice from pretenders.
A clip show? Are we in reruns already?
Its the Holiday season, people take time off.
Bitcoin pricing itself again. Those that don’t buy bitcoin during its bear cycle continue to grossly fall behind financially.