The SECRET to Hidden Wealth: Why I Drive a $200,000 Camry

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  • เผยแพร่เมื่อ 30 ม.ค. 2025

ความคิดเห็น • 49

  • @VictorBen-g9b
    @VictorBen-g9b 4 วันที่ผ่านมา +37

    I really appreciate the dedication in each video you post. To be successful one has to have multiple income streams and so on, also investors should understand the crossover between asset classes & liquidity flow, Angie Chen Owens focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch

    • @BensonGStansbury
      @BensonGStansbury 4 วันที่ผ่านมา

      I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week

    • @DannyVincent-q7z
      @DannyVincent-q7z 4 วันที่ผ่านมา

      Angie Owens strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started

    • @JuelJuel-b9u
      @JuelJuel-b9u 4 วันที่ผ่านมา

      You trade with Angie Owens too? Wow that woman has been a blessing to me and my family

    • @MasonAnderson-tj6ye
      @MasonAnderson-tj6ye 4 วันที่ผ่านมา

      I'm new at this, please how can I reach her?

    • @JakobAmund-y6p
      @JakobAmund-y6p 4 วันที่ผ่านมา

      I was skeptical at first until I decided to try. It’s huge returns is awesome! I can’t say much.

  • @stocksxbondage
    @stocksxbondage 5 วันที่ผ่านมา +3

    Something I want to add is that personal growth requires practice. To reject consumerism, you have to actually practice it… for years. Being embarrassed of your car can be a good thing. That discomfort is helping you grow to care less of what people think (when it comes to superficial stuff). Like a jump shot, you have to practice rejecting the idea that buying things will make you happy or worthy. Not only is it good for your wallet, it’s good for your mindset.

    • @Daniel_Sih
      @Daniel_Sih  4 วันที่ผ่านมา +1

      So true. The deeper message behind this video is that we should be really thoughtful about our consumer practices, how much we fill our minds with advertising, and how much we compare ourselves with those around us. I downshifted (reduced my income and went part time) a few years ago - and the hardest part was maintaining a commitment to continue in a lower-paid job that aligned with my values, and to stick with it for a decade. The 'practice' was the hard bit. But simplicity is worth chasing - not just for the wallet. It forces you to pay attention to what truly makes us happy (and it's not what we buy!) :)

    • @stocksxbondage
      @stocksxbondage 4 วันที่ผ่านมา

      @ truly inspiring!

  • @janet5551
    @janet5551 8 วันที่ผ่านมา +5

    So true, and an added to bonus is what this kind of living teaches the kids along the way. Our daughter owns her own car, has money invested ( so it grows) and will have enough for a house deposit by the time she wants to buy one, all before she has finished uni. She has watched us not be wasteful and this will see her well through life.

    • @Daniel_Sih
      @Daniel_Sih  8 วันที่ผ่านมา +1

      Nice one - so true. I was hearing from a very successful / wealthy friend the other day who is finding it hard to pass on the values of hard work and thoughtful living to their kids. It can be harder to motivate kids who have everything - the luxury car, enormous house, twice yearly overseas holidays, and all the toys they need. Just an unfortunate side-effect of being super successful. In contrast, there's definitely something to be said about taking your kids on a journey where you learn the value of money together, really value the experiences you have, practice gratitude daily, and create an ethic of working hard for what you want in life. At least, this has been our experience as very flawed, imperfect parents!

  • @williamlongbottom3189
    @williamlongbottom3189 9 วันที่ผ่านมา +3

    I love that you embodied the message of appearances v reality by leaving the blooper in.

    • @Daniel_Sih
      @Daniel_Sih  8 วันที่ผ่านมา

      Good point Will - although maybe we're carefully curating our appearance so it LOOKS like we're not curating our appearance. Hmm... We have been genuinely having fun filming these videos - and trust me - you don't to see ALL the bloopers. Thanks for commenting!

  • @DavidZovak
    @DavidZovak 8 วันที่ผ่านมา +3

    Not only was this a great example of the power of making wise decisions, I'm challenged to slow down and think about the decisions I'm just blitzing by day to day. Thanks for the funny but profound message.

    • @Daniel_Sih
      @Daniel_Sih  7 วันที่ผ่านมา

      Thanks Dave - so good to hear from you mate! Glad you enjoyed the video - I'll take you for a drive next time you're in Aus!

  • @AliceHillhouse
    @AliceHillhouse 8 วันที่ผ่านมา +1

    This is so encouraging to be reminded that our decisions have intention. Sometimes I feel you can make a financial decision and then suffer as you play the comparison game. It’s good to remember there’s value in making choices for the bigger picture and not just appearances.

    • @Daniel_Sih
      @Daniel_Sih  7 วันที่ผ่านมา

      Love this Alice. The 'comparison game' is spot on. I still find myself making decisions based on comparison - or at least feeling miserable when I see others with things / money / skills / relationships that I don't have. I suppose that's why space and self-reflection matter - it's like a reset to remember "oh - that's someone else's imagination for my life" - reset.

  • @suminthar1
    @suminthar1 6 วันที่ผ่านมา +1

    Greatest intro ever 😂

    • @Daniel_Sih
      @Daniel_Sih  6 วันที่ผ่านมา +1

      Thanks! We had a lot of fun filming it :)

  • @christophery8927
    @christophery8927 7 วันที่ผ่านมา +1

    Good video. I actually have mini retirements. Work one year and then have two years off. Look after my kids and sure that value will explode in the future!

    • @Daniel_Sih
      @Daniel_Sih  6 วันที่ผ่านมา

      Wow - that's truly inspiring. I've heard people talk about an 'adult gap year' and that really appeals to me. But this is another level. Sounds like you're even braver than I am - good on you for being such a intentional parent!

  • @dunnockdan
    @dunnockdan 5 วันที่ผ่านมา +1

    What did you replace the Camry with? Great video by the way and excellent message, stealth wealth is very fun.

    • @Daniel_Sih
      @Daniel_Sih  4 วันที่ผ่านมา

      We have a second-car run-about - a second-hand but newer Hyundai i30. Still no bum warmers but it drives well! We're now in the market for a hybrid Toyota RAV4 - it'll replace 'Cam' in a few months. Definitely higher price bracket but we have the cash :) Thanks for your encouragement about the video - the feedback means a lot as I'm just building up this channel.

  • @ninerknight5351
    @ninerknight5351 7 วันที่ผ่านมา +2

    I have a 2002 wrangler and 05 outback. Still strong as Arnold!

    • @Daniel_Sih
      @Daniel_Sih  4 วันที่ผ่านมา

      I wanna see Arnie bench press one of those Outbacks! Well, maybe 20 years ago :)

  • @Don_Gorgan
    @Don_Gorgan 8 วันที่ผ่านมา +2

    I plan to keep my car as long as I can. I bought it from new and serviced it every year. Hopefully it will last 5 more years.

    • @Daniel_Sih
      @Daniel_Sih  3 วันที่ผ่านมา

      Nice one. Buying new makes total sense if you keep a car for a long time ... then you can get the benefits of reliability (which offsets the costs of rapid depreciation over a long period of time). Keep being intentional!

  • @markdunwoody166
    @markdunwoody166 8 วันที่ผ่านมา +1

    Love it!

    • @Daniel_Sih
      @Daniel_Sih  5 วันที่ผ่านมา

      Thanks Mark! So good to hear from you.

  • @treesnmoguls
    @treesnmoguls 8 วันที่ผ่านมา +1

    Total cost of ownership of vehicles is HUGE! Automakers and banks KNOW that consumers are EMOTIONALLY DRIVEN and take advantage of that. If you run the numbers it is SO OBVIOUS that it's HUGELY MORE EFFICIENT to buy a sensible "LOW TCO (total cost of ownership)" vehicle and in your case, your family gets by with one vehicle (very smart). So much information is available online, it just takes a bit of research. I bought my 3 year old Honda Accord 4 years ago and have had one semi-repair (failed brake caliper), rest regular maintenance.

    • @Daniel_Sih
      @Daniel_Sih  7 วันที่ผ่านมา

      Spot on - love this thinking. Emotional buying - this is such a huge part of why we get into debt and struggle with really meaningful life goals. Interesting comment about the one car family thing - we ended up buying our second car a year ago when my daughter started to drive - a necessary move, but now I find that I hardly ride my bike anymore. And we only live 8 minutes ride from the city - time to get back to it. Thanks for commenting.

  • @WilliamDiaz-p2h
    @WilliamDiaz-p2h 8 วันที่ผ่านมา +1

    yeah it was kinda sad to get rid of my shitty hyundai accent it was a 2013 but it was eating too much oil, if it werent for that i would have held on to it a bit longer

    • @WilliamDiaz-p2h
      @WilliamDiaz-p2h 8 วันที่ผ่านมา +1

      but i bought a 16 year old lexus and this car is soooo beautiful i love it and i dont have a car note.

    • @Daniel_Sih
      @Daniel_Sih  7 วันที่ผ่านมา +1

      I know the feeling - but I'm super grateful for how well old cars actually drive! It's definitely time for a change when we start spending more on oil than petrol! Ha!

    • @WilliamDiaz-p2h
      @WilliamDiaz-p2h 7 วันที่ผ่านมา

      @ yes especially older hondas acuras toyotas and lexus, if you can get your hands on a older lexus es350 i highly recommend it, maintenance and gas is a bit up there but oil changes are easy and you can do most stuff yourself.

    • @WilliamDiaz-p2h
      @WilliamDiaz-p2h 7 วันที่ผ่านมา

      the extra expense on a lexus is really worth it and you will wonder how an older es350 drives nicer than some newer cars, like this 2008 drives so much nicer smoother than the 2013 its not even close.

  • @TomNonnette-h2y
    @TomNonnette-h2y 8 วันที่ผ่านมา +1

    You were paying $850 a month mortgage repayments? That would just cover a weeks rent in Glenorchy these days at a family home.

    • @Daniel_Sih
      @Daniel_Sih  7 วันที่ผ่านมา

      So true - the financial pressures are just huge nowadays. We often have to buy cheap cars just to keep afloat, not to get ahead. But I still think that small decisions add up over time - wherever you start from. Thanks for commenting!

  • @simonpierrebahembemabiala
    @simonpierrebahembemabiala 8 วันที่ผ่านมา +1

    I like the idea of to be rich is different to look rich. We must take wise decision in investing in what matters, in what could have a long term impact. The sacrifices we make today will bring more joy and happiness tomorrow

    • @Daniel_Sih
      @Daniel_Sih  7 วันที่ผ่านมา

      Thanks Simon-Pierre - love this comment. So good to hear that these principles still have relevance to you, even living in such a different place in the world. I can learn so much about joy and happiness, community and true wealth from others like you!

  • @croweatr
    @croweatr 2 วันที่ผ่านมา

    I'll give you $150 for the bike racks.

  • @MRM5J
    @MRM5J 8 วันที่ผ่านมา

    You paid $200000 for a Camry?

    • @Daniel_Sih
      @Daniel_Sih  7 วันที่ผ่านมา +1

      Worth every cent! Ha - I think you need to watch the video. I SAVED $200K :)