Couldn't agree more. It helps to ask "who exactly are they, and what do they benefit from me thinking this way?" Most often, you'll get some whacko conspiracy response that you can easily turn against them. I've been around high net worth individuals enough, and never had one say "no, I'm not going to tell you my secrets." Most of them were happy to help and even mentor a little. But, spoiler alert, they didn't really do anything top secret or out there.
This channel is for Financial Mutants- if you are not Disciplined you are going against the first ingredient in wealth creation. I assume folks will maximize that difference 👍
If you aren’t disciplined just set up auto payments! Force good decisions upon yourself! Plus I know when the portion of the paycheck that hits my account I know I can spend without guilt!
Shib getting to a dollar would take either the market cap being like 10x the current golbal economy, or the circulating supply has to get cut by like 80%.
@10:00 15 yr vs 30yr mortgage. Not sure how you could do this, but has there ever been any statistical data on how many people actually buy using a 30 year mortgage, then take the difference on the payment that they would have paid on a 15 yr and invest it? It seems that too often people use the 30 year mortgage to buy a more expensive house, or if not the difference is never reinvested because life happens. Thoughts?
I’m so glad I didn’t wait for 20% on my house. I bought right before things went crazy, and I would have had to buy way less house by the time I saved up 20% WHILE paying higher and higher rent. Tough situation nowadays. Oh, and many people don’t know, you can get a conventional loan for significantly less than 20% down if you are a first time home buyer. There is a loan program for first-time home buyers that lets you go with the same down payment as you would for an FHA loan without having all the downsides of an FHA loan-notably, without that nasty mandatory PMI. You still have to put enough down to not have PMI, but the equity requirements are more favorable, and even if you don’t meet them, you can still get PMI released once you repay enough to get around the traditional 20% equity milestone (based on the original principal). Now, you still have to be prepared for a crazy jump in real estate taxes every year, but that’s just what home ownership is like nowadays.
Unfortunately, there many markets, even today, where you need at least 20% and a strong offer to even contend with other offers, especially cash offers. In some towns
I'm a VITA tax preparer. I had a guy come in. He's on disability and his wife works full time. First, he tells her in front of the three female preparers to not speak because this is serious and she's a woman. Then he makes $6,000 as an Uber driver and wants to deduct $3000 in polos and khakis as his uniform while he drives because he has a "brand" I explained that he could say it was a business expense but the IRS isn't stupid and would probably show up at his door. The TikTok guy might have better luck if his dog had her own TikTok or TH-cam that brought in money.
Im a big fan of the show. Giving everyone great advice that works for just about everyone. Not sure if it is the new studio, but I am noticing an echo on Brian's voice for some reason. Everything about your show is great beyond that!
It's wild how many times there are hype bros versus a few of the selected influencers in the space actually doing her reading, educating, and citing sources versus yolo boys with survivor bias
Guys, great show but move the mics apart more because you are getting an “echo” because they are so close. Also you might have too many hard surfaces in there. Make sure there is carpet on floor and might put some soft surface on that wall that’s smooth to cut echo effect down
I have bought a penny stock amongst my other stock purchases. I used discretionary income, which I looked on as more or less a Vegas Bet, so I am not afraid to lose it, and it is not going to make a crushing event in my overall portfolio. I knew going in it has been a speculative bet, and I don't care if I lose it. So far it has earned me almost 20 dollars in appreciation, but...
I started watching these because I thought they’d be funny (and they are!) but they’re actually informative, too. Still not sure whether my husband and I will get a 15y or a 30y mortgage, but that’s because we won’t be buying for many years. He’s in the military and we’ll stay living on post. We get moved every 2y, so it doesn’t make sense to buy. 🤷♀️
I believe the money guy show line is that you can count it if you make less than $100,000. If you make over that it starts to become somewhat dubious because you may have higher income needs during retirement and social security will make up less of a percent of that necessary income. But ultimately up to you I'd say.
If SHIBA Went to a dollar, it would have a market cap of 550 trillion. The total market cap of all publicly traded companies is only 93 trillion (2020) That being said, she did make money on her SHIB tripling it to $378
Grant Cardone drives me up a fucking wall. Even at the time he filmed that video: there is no way in the US are 60-70% of people saying they’re happy with their income or savings. I’d be amazed if that number has ever reached 50%. Probably closer to 25%
I would love your guys opinion on the 80-20 rule, or when you’re young invest 80% of your portfolio into more riskier assets and then as you progress through your career start to add more money into risk free assets, like treasury bonds. Something my finance teacher talked about and I believe it’s something I will do as I move up in my job.
@@zzzarkka yep called the 80-20 and is taught in graduate classes for finance. U scale more money into bonds the older u get, risky assets include stocks in general. Don’t go around saying terrible advice when u don’t fully understand👍🏼
Can someone explain 3:32? She said the S&P 500 has grown this year, but the chart i’m looking at suggests that it peaked in January and has gone down since.
Given the way the cost of housing increases, you have to remember that the economics of your housing cost will be better on the back end of your mortgage. Meaning your housing costs will be so low from years 20 onward (compared to the market) that it’ll almost feel free.
Got a 30 year, 2% mortgage at the end of 2020/start of 2021. Not having debt would be nice, but boy is investing way easier than it would’ve been at 15 years.
The guy with the wink, who said 401k’s are not a good retirement option, mentioned life insurance right at the end. I’m betting he is selling Whole Life insurance. Whole life is a mediocre investment that is only good for people who have maxed out all their other retirement accounts. HOWEVER, investment advisors love selling them because the commissions are huge. I had an investment advisor who tried to sell me one every time we met. Key word in that sentence is “had.”
My friends fall prey to the 'get rich quick' trends... Nothing I can really do to convince them otherwise at this point. I just know in like 5-10 years they are going to see the differences between our net worth's and question their life choices. I don't even want to show them my portfolio at this point because I know that will just trigger them and make them try to find any way to catchup.
You make fun of shibu-inu but I've managed to turn $15 into $400 in it. You know what that proves? It proves that things with infinitesimally small probabilities can occur if enough monkeys bang away at enough typewriters 🤣
The Shiba Inu post kills me. For that coin to reach $1 would put it at a market cap of several hundred multiples of the entire planet's GDP. People just don't understand.
11:24, who is "they?" It's always a sign of a scam (for lack of a better word) when making people feel like they are getting in on information that "the powers that be" don't want you to have.
Why don't people ever seem to mention that if you are consistently investing every month. Then you sort of WANT the market to go down in the short term. Then you are getting more shares for your money! Literally NO BODY talks about that when talking about the market crashing. If the market crashed tomorrow I would take money from my High Yield Savings and dump into companies at a discount that I KNOW will weather the storm and grow back to baseline .
I have to disagree that paying off your mortgage is not money wise. You never know what life is going to bring you tomorrow, a year from now, or years down the line. I think finding a balance of investing at least 10-15% and paying off your mortgage with any extra you may have is the right way to go. Money is not everything and peace of mind of not having to make a mortgage payment when you lose your job or fall ill outweighs their advice.
@@roxanneslate8661 why not put the extra money into the stock market and let it grow until you have enough to pay off your house? Then you have the option to have your house completely paid off - probably years earlier than just making extra payments. Plus, if a big emergency ever comes up before your house is completely paid off you can have that money ready at your finger tips as peace of mind. If it’s locked up in your house you can’t really get access to it in an emergency. Comes down to personal preference, but as long as you can get in the habit of investing that extra money you’ll have more options (and more peace of mind in my opinion).
They are still not especially high now. My wife and I bought our first house in the 1990s and were thrilled to have a single digit rate (compared to the 1980s). Just buy the damn thing and refinance if rates drop.
Just for a moment, pretend that someone signs you up for a commitment that lasts 30 years. Now, consider the fact there's a 15 year option. PICK THE 15 YRS OPTION.
@@apnudiOoor get the 30 year, use a mortgage calculator to find out how much extra to pay each month to pay it in 15 years. Then, if the shit hits the fan, you can have that lower minimum payment to fall back on.
Great show, nice microphones, but your sound is really bad. Like you have two mics phasing against each other. Sounds kinda robotic. Either get closer to the mic, move further apart, or have only one mic open at a time.
As someone who has some shib that’s the worst advice possible she has no concept of how this works. You can’t just hope eats zero’s if you don’t understand what the project is about don’t jump on board. It’s not good for the coin and it’s not good for people with limited money.
Bit coin only increases in price when there is an increase in demand. So the person telling you that you are missing out is profiting by you buying in. But acting all smug about it makes the dips all the more satisfying.
Shiba Inu is impossible to get to 1 dollar, it would even be very hard to get to 1 penny over 20 years. you need trillions to even come close to a decent amount of money. Just because you have a millions means nothing in the alt coin space.
If ypu have a service animal and paper work on him, like legit stuff not the emotional support animals then that service animal is a legit tax write off
Pro tip: don't take financial advice from someone who can't even pronounce the investment.... Shiba Anu? 🤣 She paid $56 for 7 million coins, that amount of coins cost $52 today.
That Shiba strategy is similar to how I bought Iraqi dinar when I was deployed (just after Sadaam’s dinar was replaced). Of course it’s not worth much, but if Iraq’s dinar ever makes it to being worth a peso, I’ll be rich. Who thinks Iraq will be similar in currency strength to Mexico anytime in the next couple decades? Not a lifesavings investment.
Agreed. At the time I was thinking of my grandfather when he was in the Japanese theater during WWII & imagining if he had bought Yen. If Iraq can just stabilize and pump out oil, they would have a lot of upside given that during the 90’s & earlier they were at 5,000x their current exchange rate.
It's kinda funny how you don't really see actually money anymore because it's all just bank transfers and cards and all that but influencer "rich" guys just carry around stacks of bills for some reason.
15 year mortgage used to make sense even outside of interest rates because it combated human nature to buy more than you can afford. Problem is now with an average American income on a 15 year mortgage your able to afford a potato.
Whenever anyone says "they don't want you to know about this," I know it's either a scam or at least a very ignorant assertion.
Or aliens.. sometimes aliens 😊
@@tepperpepper1047 its always aliens.
Or illegal.
"They don't want you to know about this, but did you know that you can just kill people and take their money? It's literally free money."
Couldn't agree more. It helps to ask "who exactly are they, and what do they benefit from me thinking this way?" Most often, you'll get some whacko conspiracy response that you can easily turn against them.
I've been around high net worth individuals enough, and never had one say "no, I'm not going to tell you my secrets." Most of them were happy to help and even mentor a little. But, spoiler alert, they didn't really do anything top secret or out there.
it also means "many people have tried this and failed because it is so incredibly risky that almost no one succeeds at it".
I love that commercial about Bitcoin, "I'M A MILLIONARE!!!, I'm not a millionaire...., I"M A MILLIONARE!!!!!!!!, I'm not a millionaire...."
What??
@@automatedcomment I think he's saying if you buy a million dollar in bitcoin you'll become a millionaire about 10 times a day cause its so volatile
“Everything’s deductible until you get caught” 🤣🤣🤣
I'm a financial advisor and I always look forward to these episodes. I find myself scratching my head through so many of them lol
This series is hilarious and informative, love it! 😂
The problem with taking a 30 year mortgage vs a 15 is that most people are not disciplined enough to invest the difference in the payment.
This channel is for Financial Mutants- if you are not Disciplined you are going against the first ingredient in wealth creation. I assume folks will maximize that difference 👍
If you aren’t disciplined just set up auto payments! Force good decisions upon yourself! Plus I know when the portion of the paycheck that hits my account I know I can spend without guilt!
Shib getting to a dollar would take either the market cap being like 10x the current golbal economy, or the circulating supply has to get cut by like 80%.
My German Shepherd is laughing at that "Guard Dog" 😂😂😂
Your dog has a gay laugh
Loved the talk on writing of the dog on a return!!! Great advice.
@10:00 15 yr vs 30yr mortgage. Not sure how you could do this, but has there ever been any statistical data on how many people actually buy using a 30 year mortgage, then take the difference on the payment that they would have paid on a 15 yr and invest it?
It seems that too often people use the 30 year mortgage to buy a more expensive house, or if not the difference is never reinvested because life happens. Thoughts?
The 20% down payment with the guy in the tub is hilarious and unfortunately, true.
I’m so glad I didn’t wait for 20% on my house. I bought right before things went crazy, and I would have had to buy way less house by the time I saved up 20% WHILE paying higher and higher rent. Tough situation nowadays. Oh, and many people don’t know, you can get a conventional loan for significantly less than 20% down if you are a first time home buyer. There is a loan program for first-time home buyers that lets you go with the same down payment as you would for an FHA loan without having all the downsides of an FHA loan-notably, without that nasty mandatory PMI. You still have to put enough down to not have PMI, but the equity requirements are more favorable, and even if you don’t meet them, you can still get PMI released once you repay enough to get around the traditional 20% equity milestone (based on the original principal). Now, you still have to be prepared for a crazy jump in real estate taxes every year, but that’s just what home ownership is like nowadays.
Unfortunately, there many markets, even today, where you need at least 20% and a strong offer to even contend with other offers, especially cash offers. In some towns
These are GREAT! Please keep them up!!
I'm a VITA tax preparer. I had a guy come in. He's on disability and his wife works full time. First, he tells her in front of the three female preparers to not speak because this is serious and she's a woman. Then he makes $6,000 as an Uber driver and wants to deduct $3000 in polos and khakis as his uniform while he drives because he has a "brand" I explained that he could say it was a business expense but the IRS isn't stupid and would probably show up at his door.
The TikTok guy might have better luck if his dog had her own TikTok or TH-cam that brought in money.
Does anyone have a link to that Dave Ramsey 20% TikTok! Tried checking the description but no luck
Awesome! CONTENT SUGGESTION: would love a show on investing for entrepreneurs. Often with lumpy, but high income.
I'll take my 110% average return in my 401k (when matched) over life insurance with huge fees and benefits based on my literal death.
Im a big fan of the show. Giving everyone great advice that works for just about everyone. Not sure if it is the new studio, but I am noticing an echo on Brian's voice for some reason. Everything about your show is great beyond that!
Noticed that too. There's like a phase effect..
@Cj Johnson agreed
Definitely an audio issue
It's wild how many times there are hype bros versus a few of the selected influencers in the space actually doing her reading, educating, and citing sources versus yolo boys with survivor bias
money=freedom
the more you have... the freer you become
Yay you featured DelyanneTheMoneyCoach! Love her new Diversifying podcast!
Guys, great show but move the mics apart more because you are getting an “echo” because they are so close. Also you might have too many hard surfaces in there. Make sure there is carpet on floor and might put some soft surface on that wall that’s smooth to cut echo effect down
Shiitake…LOL! Looking forward to Brian and Bo releasing FOOcoin.
That 20% was the best of the bunch. I think the idea I s never be so rigid in your thinking your not able to adapt to changing circumstances and times
Does anyone have a link to that TikTok?
These videos are great! Working on my series 26 now, and love your input on some of these hilarious videos 😂
abundance singing bowl is the best! henceforth i will only take financial advice from this woman, thanks & bye bye money guys!
10:21 not sure I agree with 30 year mortgage but this is best case I hVe heard.
in usa you have 30 yr fixed interest rate on mortages?
Love it, please keep these coming!
That wink made my skin crawl
I have bought a penny stock amongst my other stock purchases. I used discretionary income, which I looked on as more or less a Vegas Bet, so I am not afraid to lose it, and it is not going to make a crushing event in my overall portfolio. I knew going in it has been a speculative bet, and I don't care if I lose it. So far it has earned me almost 20 dollars in appreciation, but...
lmaoo! i love this reacting content i can watch all day, the part when she had $118 in shiba and braggin😂😂 so funny
10:30 Yes the 30 years mortgage has aged like expensive fine wine! 👌
Gotta watch out for those Shiitake coin scams! 😂
I started watching these because I thought they’d be funny (and they are!) but they’re actually informative, too. Still not sure whether my husband and I will get a 15y or a 30y mortgage, but that’s because we won’t be buying for many years. He’s in the military and we’ll stay living on post. We get moved every 2y, so it doesn’t make sense to buy. 🤷♀️
Make sure he uses his VA home loan benefit.
Question. Should I count the 5% employer match towards the 20-25% that I should be investing?
You can
Also you could decide that it doesn't count
Sure, why would it not count?
I believe the money guy show line is that you can count it if you make less than $100,000. If you make over that it starts to become somewhat dubious because you may have higher income needs during retirement and social security will make up less of a percent of that necessary income. But ultimately up to you I'd say.
If SHIBA Went to a dollar, it would have a market cap of 550 trillion. The total market cap of all publicly traded companies is only 93 trillion (2020)
That being said, she did make money on her SHIB tripling it to $378
Yes, that's so true I maxed my 457 plan for 30 years =1 M today.
5:15. Yes except for Japan and after the GFC. But just ignore that.
Are you saying the market crash in 2008 didn't recover by 2018? You might want to recheck that, you are dead wrong.
@15:30 that's effectively the same as what Grant was saying.
Grant Cardone drives me up a fucking wall. Even at the time he filmed that video: there is no way in the US are 60-70% of people saying they’re happy with their income or savings. I’d be amazed if that number has ever reached 50%. Probably closer to 25%
I’ve noticed a ton of 20-somethings with Dali Lama levels of financial wisdom on Tik Tok lately. Must be all those years of investing experience.
1:55 they feel personally attacked because of AUM fee 😂🤣😂🤣😂🤣😂
I would love your guys opinion on the 80-20 rule, or when you’re young invest 80% of your portfolio into more riskier assets and then as you progress through your career start to add more money into risk free assets, like treasury bonds. Something my finance teacher talked about and I believe it’s something I will do as I move up in my job.
That is some terrible advice. 80% of your portfolio into more riskier assets when you’re young?
@@zzzarkka yep called the 80-20 and is taught in graduate classes for finance. U scale more money into bonds the older u get, risky assets include stocks in general. Don’t go around saying terrible advice when u don’t fully understand👍🏼
Can someone explain 3:32? She said the S&P 500 has grown this year, but the chart i’m looking at suggests that it peaked in January and has gone down since.
I made that video late last year.
@@delyannethemoneycoach8791 Ah! Ok makes much more sense. Thanks!
Given the way the cost of housing increases, you have to remember that the economics of your housing cost will be better on the back end of your mortgage.
Meaning your housing costs will be so low from years 20 onward (compared to the market) that it’ll almost feel free.
And what is the name of da dog ? Tible !
Ok, I'll just... --->
My dog is my emotional support animal so I write off on all my taxes 😂😂😂
Shitake coin made my day😂
There's a glitch in the stock market! Cut the hard line to the main frame!
Got a 30 year, 2% mortgage at the end of 2020/start of 2021. Not having debt would be nice, but boy is investing way easier than it would’ve been at 15 years.
Love these videos. Just prove there is a whopping massive amount of misinformation out there.
love the new intro
The background elevator music was a bit confusing.
What is the ticker/counter on the shelf behind the guys can you explain what these numbers are tracking ?
Subscriber count
Number of shelfs built
Cost of their net worth spreadsheet
One of my favorite series!
Shiba Inu- isn’t that cat food? Ha ha ha.
Does the content team every provide links? I would love the link to the guy with the Dave Ramsey book in the shower. haha
That ain’t no fucking damn guard dog. Only thing it’s going to protects is itself.
The guy with the wink, who said 401k’s are not a good retirement option, mentioned life insurance right at the end. I’m betting he is selling Whole Life insurance. Whole life is a mediocre investment that is only good for people who have maxed out all their other retirement accounts. HOWEVER, investment advisors love selling them because the commissions are huge. I had an investment advisor who tried to sell me one every time we met. Key word in that sentence is “had.”
My friends fall prey to the 'get rich quick' trends...
Nothing I can really do to convince them otherwise at this point.
I just know in like 5-10 years they are going to see the differences between our net worth's and question their life choices.
I don't even want to show them my portfolio at this point because I know that will just trigger them and make them try to find any way to catchup.
Might be ok to put the dog as tax deductible if you are a farmer or something?!
Looking at this March 2023, housing market is nasty right now.
You make fun of shibu-inu but I've managed to turn $15 into $400 in it. You know what that proves? It proves that things with infinitesimally small probabilities can occur if enough monkeys bang away at enough typewriters 🤣
The Shiba Inu post kills me. For that coin to reach $1 would put it at a market cap of several hundred multiples of the entire planet's GDP. People just don't understand.
3:50 bit didn't really age well with the recent recession
11:24, who is "they?" It's always a sign of a scam (for lack of a better word) when making people feel like they are getting in on information that "the powers that be" don't want you to have.
Why don't people ever seem to mention that if you are consistently investing every month. Then you sort of WANT the market to go down in the short term. Then you are getting more shares for your money! Literally NO BODY talks about that when talking about the market crashing. If the market crashed tomorrow I would take money from my High Yield Savings and dump into companies at a discount that I KNOW will weather the storm and grow back to baseline .
I made a few thosands off Sibi Inu, sold at the high and pumped the money made into an S&P 500 haha :D Stonks
I have to disagree that paying off your mortgage is not money wise. You never know what life is going to bring you tomorrow, a year from now, or years down the line. I think finding a balance of investing at least 10-15% and paying off your mortgage with any extra you may have is the right way to go. Money is not everything and peace of mind of not having to make a mortgage payment when you lose your job or fall ill outweighs their advice.
I agree. I overpay my mortgage every month. Mathematically it might not make sense but the peace of mind is invaluable to me.
@@roxanneslate8661 why not put the extra money into the stock market and let it grow until you have enough to pay off your house? Then you have the option to have your house completely paid off - probably years earlier than just making extra payments.
Plus, if a big emergency ever comes up before your house is completely paid off you can have that money ready at your finger tips as peace of mind. If it’s locked up in your house you can’t really get access to it in an emergency.
Comes down to personal preference, but as long as you can get in the habit of investing that extra money you’ll have more options (and more peace of mind in my opinion).
Someone told me the story of his cousin. Paid the mortgage for 25 yrs and then hardship happened and she got forclosed on.
Damn that's rough :( I do invest aswell as paying down my mortgage. I buy VWRL every month.
9 months ago "Mortgage rates are incredibly low".
Today 7%+
They are still not especially high now. My wife and I bought our first house in the 1990s and were thrilled to have a single digit rate (compared to the 1980s). Just buy the damn thing and refinance if rates drop.
Is it shiba a-new coin or Shiba an-old coin?
Just for a moment, pretend that someone signs you up for a commitment that lasts 30 years. Now, consider the fact there's a 15 year option. PICK THE 15 YRS OPTION.
Why
In terms of investment growth over time
@@Lili-ey1nd because Life happens. You can't factor that into the math. Pay off your mortgage for more freedom and stability in your life.
@@apnudiOoor get the 30 year, use a mortgage calculator to find out how much extra to pay each month to pay it in 15 years. Then, if the shit hits the fan, you can have that lower minimum payment to fall back on.
To be fair to meme coin, shib girl. All
Time high was 7.5x that level. It’s currently sitting at 3.5x. Terrible idea but it’s done alright.
Great show, nice microphones, but your sound is really bad. Like you have two mics phasing against each other. Sounds kinda robotic. Either get closer to the mic, move further apart, or have only one mic open at a time.
Just a comment about mortgages, depending on a person's age the older a person is the bank may only offer 15 year mortgage so you may have no choice.
I remember the third guy
You can deduct a real guard dog though
You can deduct anything, as long as you can prove the utility of that thing for your work/business
Fun fact: the ~Shiba Inu~ *Shitake* coin is still worth just about the same as it was in this video! Not even close to $1 lol
My only request during these react episodes is that Brian needs the be drinking from their Koozie. Makes his reaction more authentic.
I wonder if she still had those Shiba coins they just slowly started pushing
As someone who has some shib that’s the worst advice possible she has no concept of how this works. You can’t just hope eats zero’s if you don’t understand what the project is about don’t jump on board. It’s not good for the coin and it’s not good for people with limited money.
that shiba chick had NO idea what she was saying.
At 8% now, 15 or 30 doesn't matter as much as that rate
Bit coin only increases in price when there is an increase in demand. So the person telling you that you are missing out is profiting by you buying in. But acting all smug about it makes the dips all the more satisfying.
Shiba Inu is impossible to get to 1 dollar, it would even be very hard to get to 1 penny over 20 years. you need trillions to even come close to a decent amount of money. Just because you have a millions means nothing in the alt coin space.
The abundance essential oil has made me $1 overnight before. Highly recommend.
If ypu have a service animal and paper work on him, like legit stuff not the emotional support animals then that service animal is a legit tax write off
Probably don't need 2 mics if they're sitting 6 inches apart. Might be causing the tin can effect.
Pro tip: don't take financial advice from someone who can't even pronounce the investment.... Shiba Anu? 🤣
She paid $56 for 7 million coins, that amount of coins cost $52 today.
Chatoki 😂😂😂😂
Bryan 2022
That Shiba strategy is similar to how I bought Iraqi dinar when I was deployed (just after Sadaam’s dinar was replaced). Of course it’s not worth much, but if Iraq’s dinar ever makes it to being worth a peso, I’ll be rich. Who thinks Iraq will be similar in currency strength to Mexico anytime in the next couple decades? Not a lifesavings investment.
I think it's more likely that Iraq would inflate their currency to the point where it's no longer useable and then replace it again.
I think it will be worth more than the Shiba Inu coin. Not sure it will get you a coffee at Starbucks though.
Agreed. At the time I was thinking of my grandfather when he was in the Japanese theater during WWII & imagining if he had bought Yen. If Iraq can just stabilize and pump out oil, they would have a lot of upside given that during the 90’s & earlier they were at 5,000x their current exchange rate.
589 trillion Shiba Inu. If it went to 1 dollar that would make it a 589 trillion market cap. Hey. I guess it can happen
Shiba Inu coins have always been a meme coin
It's kinda funny how you don't really see actually money anymore because it's all just bank transfers and cards and all that but influencer "rich" guys just carry around stacks of bills for some reason.
15 year mortgage used to make sense even outside of interest rates because it combated human nature to buy more than you can afford. Problem is now with an average American income on a 15 year mortgage your able to afford a potato.
Just so y'all know there is an audio issue lately.
i have all my money in elrond :D !
Literally everyone knows about Shibu and that it has come and gone
Shitake Coin lol