It’s funny because if you look at his early videos…he’s a milktoast worm boy but he made a few TH-cam videos and suddenly began to channel his inner Triple H.
@@mantasr I know he does. They all sell some sort of class or book. But, that's not his main source of income. Or how he became rich in the first place.
ayyy i was the guy who made the $12 wendy’s video haha. it seriously was $12 where i live! great video, i really enjoyed it and thanks for including my video!
The Wendy’s being $12 is absolutely real. Up here in MA, I went to McDonald’s the other day (hadn’t been there for years) and it was $23 for two meal combos.
I rarely get fast food and went to BK the other day expecting a $5 meal. I picked a random number (I showed up hangry) and it was $12 for the combo. Ouch. (This was in NH)
When people talk about the money you could save if you cut out certain foods, they usually completely forget that most people would have to replace them, so the savings would probably be more like 3-4 dollars rather than 12
The "rent is the minimum you will pay" thing is true for the year you sign the lease. In my city (Boise), renting was cheaper than owning a house when I bought. Fast forward two years, I am now paying 20-30% less than renters simply because the market has changed. If you want to be somewhere long term, buying can absolutely make sense.
@@hb7030 property tax and insurance usually rises with inflation....you can't refinance those....those are also part of the reason landlords raise rent. Refinancing isn't such a great idea unless you are not paying closing costs and prolonging the life of the loan.
I agree with you guys that the latte effect is generally BS. That said, I've found that getting my friends to replace one coffee a week with investing in an index fund works wonders to get them thinking about the cost of capital. It's easier to build financial discipline if you're able to see tangible results even if they're insignificant in the long run
LOVE these videos! I'm just at the first Tik Tok and cracking up at Brian mumbling about 100% but then there is the look on Bo's face. Keep doing these!
Great chemistry makes great educational entertainment. Respect and mutual affection can't be faked, it's what makes you guys the winners you are! Plus, it's the factual knowledge, but it's the chemistry that gets people to listen.
The mortgage vs. renting was difficult for me from the time of purchase until I hopefully close in two weeks. There is a lot of stress and wellness issues that come up in home ownership as well. Everyone things owning a home is all roses, rainbows, and white picket fences every day and sure, there is some of that. But you're constantly concerned about the state of things because if your house is big enough something is almost definitely broken.
I started investing toward retirement @ 21 years old. I made mistakes but learned that if you can continue to invest thru downturns(2008) the returns on the market upswing was huge! I had an aha moment when I realized I'm 40 years from retirement and there was nowhere to go but up.
A couple of my mistakes was not taking the match by investing into 401k post tax. Being overly cautious early on, not building my house sooner, although looking at housing nowadays my mortgage is ~$1000 per month cheaper than market rent so we're no in bad shape.
I LOVE these videos. You guys are so much fun and educational! Have you guys considered reacting to CNBC make it videos? I think that would be a fun thing for you guys to do. Hope the team has a safe and Happy New Year!
HODL isn't a misspelling. HODL = Hold On for Dear Life Did I just teach the money guys something? Least I could do for all the free advice/lessons they give.
Surprised you guys haven't come across HODL. It was originally a typo for HOLD, but has stuck around, partly as an ironic typo-based joke but also re-imagined as an acronym for "Hold On for Dear Life".
That first guy is not understanding what the word retirement means in retirement investment. It’s not a savings account that you can use to buy a car next year, but that’s what he makes it out to be.
It’s only a part of his video. It’s a different story when you watch the whole thing. It’s like you watched someone saying “I hate driving” but you never got to watch the rest “I hate driving with all 4 passengers making rowdy noises”
You may not be worried about a $12 Wendy’s purchase. But I’ve noticed that a lot of people spend crazy amounts of money on food. $10 Breakfast+coffee then $12 lunch and a $15+ dinner. That starts to add up if done every day. I know many people that spend $40-50 per day on food. And it all goes on credit cards. That $11,000+ per year if you only count week days. Versus marking food and investing the other $5k
Rent's not really a maximum you'll pay either. For some people, rent went up 30% from last year. With your mortgage that's just not happening. 5 - 10 years after that fixed rate was set, you're going to be doing really really good on your housing costs, even if owning a little more expensive at first.
I'm in my early twenties, putting part of my monthly earnings to both investing (i guess i have something close to an index fund? i'm not from the US, so i'm not really sure about the terminology) and a savings account. Now let me enjoy my starbucks, tik tok!
5:09 I'm sure Wendy's is cheap in Tennessee, but in Seattle, for example, a baconator meal with a medium soda and medium fries is $13.85, or $15.21 after tax. That's $800 a year, which can really add up
It's those 401k percentages that trip up alot of people, even the ones in the company that you turn to for information and who should have correct information at their fingertips. The way I explain it to my co-workers (I am the resident Dave Ramsey/ Clark Howard) is that if the company matches every dollar you put in your 401k with one of their dollars, then that means you are getting 100% return on your investment GUARANTIED, and this type of guarantied return simply does not exist anywhere else in the investment world.
I totally won the house game…..bought young for 30yrs…..refied later and paid a bit extra every month so I paid it off in 24yrs… then I got married and he loves my little shack, so we didn’t have to buy a “married” people house…. So here we are at 50 paying $200 s month for the roof over our heads, for taxes&insurance. I always self escrowed so I’m able to invest that money until taxes and insurance are due. Anyone can do it IF they stay put, buy small and marry someone who likes your house. I need to sell a course 😝😝😝
@charliewill4879 Kris Krohn still bashes 401ks to this day, so I don't know if your example still holds. I've watched some of his latest videos. Also... if someone "hears you say you like the rain, even when you don't", it's because you've explicitly stated so. That's on you. Krohn was pretty clear (and wrong) in his views about 401ks... kinda doesn't matter what he says next... especially when the thing he wants you to do is to become a real estate investor, when that carries more risk than simply having a 401k. Also, did I mention that Krohn is wrong? Also, he's intentionally obtuse when talking about 401ks, failing to mention their tax benefits.
@charliewill4879 I'll put it more simply and state it again. Doesn't matter if we didn't hear him say "do this", when he's completely wrong about "don't do this".
Ugh, I hate that toxic new-age bs about “manifesting” things into your life. There’s nothing wrong with being positive, but it’s positivity combined with actual action and strategy that produces results. The universe isn’t going to gift me $5k just because i beg for it and believe it’ll happen.
"100% beats 3%." Who needs math...I'M RANTING AT A CAMERA! The video at 12:21 is probably the most useful so far (that isn't repeating the basics of investing)
This last guy's got it all wrong. If I'm going to rip-off breakfast, I'm not sleeping in my car. I'm leaving my house, dressed in a suit and tie, or business casual at worst, and then I'm following the steps as outlined (except for the side-door thing. I think those are all key activated now, so you'd have to wait for someone to come out, which is kind of suspicious. I'd probably just go through the front door, head for a restroom, or some such, wait a few minutes, then go to the breakfast area). I'd also have a briefcase containing a laptop, and in the briefcase, I'd also have the newspaper that the hotel leaves at the door each morning (little research required for that one, but easy enough, usually USA Today). I'd load up the plate with food and eat a healthy meal, while reading the paper and occasionally pretending to check something on my laptop. Then, I'd go back for seconds, loading up with re-heatable/packaged items. Next, I'd have the laptop open, as mentioned, to shield me from prying eyes at some angles, and then I'd open the briefcase on the table, shielding me from view even more while I rapidly bagged sausage and biscuits, etc. Into the briefcase they go, along with my newspaper and laptop; only seconds have passed. I'd be sure to leave a bit of food on the plate to finish a few more bites before cleaning up and leaving. Now I've got food for lunch, too, so imagine how much more quickly I'll achieve millionaire status ;)
The small purchases, the latte effect, is a big deal for the younger crowd. Eating out 5 days a week for lunch, a coffee every morning, subscriptions etc all do add up and people under 35-40 are absolutely over spending here. Our mortgage is $1,700 and rent was about to hit $2,000 and now it's $2,500 for what we had. Buying was needed.
There is one time when I consider fancy coffee which if I need to sit down at a coffeeshop and work whether that is homework in college of certification exams in IT.
I remember seeing that tick tok of the first guy and arguing with people in the comments. People were defending that BS. Not getting your employer match is insanely stupid.
@@johnc2438 Definitely. My comment was only to point out that its super easy to blow 12 dollars if you buy the more expensive options even at "cheap" fast food restaurants.
I could see where the first guy could have gone until he said you can't invest in a 401k??? Then it all went down hill from there. If he was going to say like invest in real estate or something that would have made sense.
To quote this Tik Tok guy 'The dumbest financial advice ever might be...' actually listening to a guy in a t-shirt, walking around his kitchen, talking to himself tell you how to invest for retirement 🤣
Last comment I promise. When I include my employer match I have a 28% retirement savings but I’m a teacher and my pension will pay nowhere near what a traditional or Roth IRA will. Would love to hear your advice for those with defined benefit plans such as teachers, state employees, etc…Feels like I’m throwing good money after bad. BTW I’m 40 with three kids under 4 and retire in 20 years.
I would also be interested in hearing their take on it. Myself, I treat my defined benefit pension as bonds and have gone 100% equity with a self directed parallel RRSP and TFSA portfolio. Once I retire I plan on maintaining this as I can theoretically count on monthly cheques while only drawing upon investments when I want. Also if my pension gets screwed by one of our many corrupt politicians I have a plan "B".
“That was a math crime” 🤣🤣
😅🤣😂
A serious crime from every mth teacher prospective!
The first guy seems like that guy who is always ready for a fight any time he goes out.
Absolutely. Looks like his head is about to pop. Lol.
It’s funny because if you look at his early videos…he’s a milktoast worm boy but he made a few TH-cam videos and suddenly began to channel his inner Triple H.
@@Ethernet480 I just sprayed coffee outta my nose at the inner Triple H!
He was making me dizzy watching the video. Hold the camera still lol
Hes always ready for a fight, but he cant fight hahahaha
That man’s financial advice was to rob a breakfast buffet. What a time to be alive.
FREE FOOD!😂😂😂
and the money guys advice is to save money by eating less lol though that is probably good advice for the majority of Americans
Maybe feed family like birds do, eat at buffet and then 🤮
"Why is he only making 4%?"
"He doesn't understand math"
😂😂😂
“Why’s he only making 4%?”
Laughed out loud on that one!
Y’all are great!
“He doesn’t understand math” 😂😂😂 I about died lmao
He doesn't understand math lmao
@@schnauzer93 What class? He's a real estate investor.
@@TheRizzGaming you think he doesn't sell courses?
@@mantasr I know he does. They all sell some sort of class or book. But, that's not his main source of income. Or how he became rich in the first place.
ayyy i was the guy who made the $12 wendy’s video haha. it seriously was $12 where i live! great video, i really enjoyed it and thanks for including my video!
No way 😂
Thank you! We loved watching your videos - they're a lot of fun!
Yeah I was gonna say that Wendy's is expensive where I live 😆
Yeah, that's about how much a combo costs for me as well
The Wendy’s being $12 is absolutely real. Up here in MA, I went to McDonald’s the other day (hadn’t been there for years) and it was $23 for two meal combos.
ayyy that was me who made that video haha
In MD as well.
Yeah 2 actual meals is 20 bucks now at most places. But a burger, and a drink isn't nearly as bad.
Damn y'all's cost of living must be high as shit, 2 large meals here in Texas is $15
I rarely get fast food and went to BK the other day expecting a $5 meal. I picked a random number (I showed up hangry) and it was $12 for the combo. Ouch. (This was in NH)
When people talk about the money you could save if you cut out certain foods, they usually completely forget that most people would have to replace them, so the savings would probably be more like 3-4 dollars rather than 12
I bet the first guy is selling a "business opportunity" or some ponzi scheme
He's a die-hard real estate investor with a fund that his viewers can buy-in to invest "with him". You pretty much nailed it lol. Kris Krohn
“Find a less expensive breakfast.” Bo, that’s exactly what he did. 😅
The "rent is the minimum you will pay" thing is true for the year you sign the lease. In my city (Boise), renting was cheaper than owning a house when I bought. Fast forward two years, I am now paying 20-30% less than renters simply because the market has changed. If you want to be somewhere long term, buying can absolutely make sense.
There are costs associated with homeownership besides the principle and interest every month......
@@Lagann0 No shit, but those costs are relatively stable. In fact, my costs have actually gone down because I refinanced.
@@hb7030 property tax and insurance usually rises with inflation....you can't refinance those....those are also part of the reason landlords raise rent. Refinancing isn't such a great idea unless you are not paying closing costs and prolonging the life of the loan.
@@dec1slh So does your landlords property tax. Do you think your landlord doesn't take those into consideration?
@@hb7030 can you comprehend, did I not say that's why they raise rent
I agree with you guys that the latte effect is generally BS. That said, I've found that getting my friends to replace one coffee a week with investing in an index fund works wonders to get them thinking about the cost of capital. It's easier to build financial discipline if you're able to see tangible results even if they're insignificant in the long run
I love these tik tok reacts. They’re like little fun episodes you can still learn from.
LOVE these videos! I'm just at the first Tik Tok and cracking up at Brian mumbling about 100% but then there is the look on Bo's face. Keep doing these!
Thank you guys for being real and making good content and actually explaining the MATH!!!!
Great chemistry makes great educational entertainment. Respect and mutual affection can't be faked, it's what makes you guys the winners you are! Plus, it's the factual knowledge, but it's the chemistry that gets people to listen.
The mortgage vs. renting was difficult for me from the time of purchase until I hopefully close in two weeks. There is a lot of stress and wellness issues that come up in home ownership as well. Everyone things owning a home is all roses, rainbows, and white picket fences every day and sure, there is some of that. But you're constantly concerned about the state of things because if your house is big enough something is almost definitely broken.
I started investing toward retirement @ 21 years old. I made mistakes but learned that if you can continue to invest thru downturns(2008) the returns on the market upswing was huge! I had an aha moment when I realized I'm 40 years from retirement and there was nowhere to go but up.
A couple of my mistakes was not taking the match by investing into 401k post tax. Being overly cautious early on, not building my house sooner, although looking at housing nowadays my mortgage is ~$1000 per month cheaper than market rent so we're no in bad shape.
Thank you for sharing
🤣loving the commentary! so funny but educational at the same time! Thanks both
*whispers* "he doesn't understand math" lol
Lady in the 2nd video out there giving better advice than Dave Ramsey
The $15 breakfast cracked me up. Me over here with my $1 oatmeal, “I’ll be rich!” 😂
They make a great point at the end. Finance videos are everywhere, you just need to make sure the content is valid.
I LOVE these videos. You guys are so much fun and educational! Have you guys considered reacting to CNBC make it videos? I think that would be a fun thing for you guys to do. Hope the team has a safe and Happy New Year!
Yes. Please react to CNBC
As long as they stay away from the Finland episode. It'd just make them depressed
HODL isn't a misspelling.
HODL = Hold On for Dear Life
Did I just teach the money guys something? Least I could do for all the free advice/lessons they give.
Pretty sure it’s a backronym, meaning hodl the misspelling came before HODL the initialism.
@@andrewgutmann9432 you are likely correct.
@Andrew Fry you're right HODL = Hold On for Dear Life
Surprised you guys haven't come across HODL. It was originally a typo for HOLD, but has stuck around, partly as an ironic typo-based joke but also re-imagined as an acronym for "Hold On for Dear Life".
That first guy is not understanding what the word retirement means in retirement investment. It’s not a savings account that you can use to buy a car next year, but that’s what he makes it out to be.
It’s only a part of his video. It’s a different story when you watch the whole thing. It’s like you watched someone saying “I hate driving” but you never got to watch the rest “I hate driving with all 4 passengers making rowdy noises”
You may not be worried about a $12 Wendy’s purchase. But I’ve noticed that a lot of people spend crazy amounts of money on food. $10 Breakfast+coffee then $12 lunch and a $15+ dinner. That starts to add up if done every day. I know many people that spend $40-50 per day on food. And it all goes on credit cards. That $11,000+ per year if you only count week days. Versus marking food and investing the other $5k
the morgage/buy one. THANKS YOU because why you thought is exactly what i'm thinking right now! THANK YOU FOR THAT!
Rent's not really a maximum you'll pay either. For some people, rent went up 30% from last year. With your mortgage that's just not happening. 5 - 10 years after that fixed rate was set, you're going to be doing really really good on your housing costs, even if owning a little more expensive at first.
I look at market dips as stock sales. Best time to buy.
this video really needs more views. it could save a lot of people from bad financial advice
That loose yourself reference❤
Loved the Graham part, always go long term
Steal from hotels every morning for 40 years. Money guys-“WE LOVE THIS!!” 😂😂💀
These are the best videos, not only are they fun to watch but they also dispel a lot of bad advice out there!
I love the Marriot Free Breakfast, Marriot will never catch on to that! and you will save the MILLIONS you were spending on breakfast
I love the new upgraded music choice for opening up the video. Much more modern and upbeat. 😁
The second person - 👏🏽👏🏽👏🏽
Keep more videos rolling - gained so much knowledge from you guys!Happy New Year :)
I'm in my early twenties, putting part of my monthly earnings to both investing (i guess i have something close to an index fund? i'm not from the US, so i'm not really sure about the terminology) and a savings account. Now let me enjoy my starbucks, tik tok!
I think that last one was 100% parody content haha. Enjoyed this. Happy New Year!
5:09 I'm sure Wendy's is cheap in Tennessee, but in Seattle, for example, a baconator meal with a medium soda and medium fries is $13.85, or $15.21 after tax. That's $800 a year, which can really add up
"Why's he only making 4 percent? He doesn't understand math." Man i laughed out loud.
“He doesn’t understand math…” cracked me up
4:53 - One McDonald's Big Mac meal is $13.65, route 87 in New York state.
Oh no I see the Money guys lurking in the woods with Dave.
an average breakfast being $15 - $20 is totally accurate if you live in canada
6:33 I actually opened that and then I realised it was on the video too...wow!
It's those 401k percentages that trip up alot of people, even the ones in the company that you turn to for information and who should have correct information at their fingertips.
The way I explain it to my co-workers (I am the resident Dave Ramsey/ Clark Howard) is that if the company matches every dollar you put in your 401k with one of their dollars, then that means you are getting 100% return on your investment GUARANTIED, and this type of guarantied return simply does not exist anywhere else in the investment world.
That breakfast video was hilarious
My thrift /401k
They matched it and every year 15%
Retired early 🤔
Living the dream
Love this!!! ( and yeah, also.. the Boba Fett mug 😍)
The "lose yourself"/spaghetti joke got me.
I totally won the house game…..bought young for 30yrs…..refied later and paid a bit extra every month so I paid it off in 24yrs… then I got married and he loves my little shack, so we didn’t have to buy a “married” people house…. So here we are at 50 paying $200 s month for the roof over our heads, for taxes&insurance. I always self escrowed so I’m able to invest that money until taxes and insurance are due. Anyone can do it IF they stay put, buy small and marry someone who likes your house. I need to sell a course 😝😝😝
That first guy makes absolutely no sense. He also was conflating maxing out your 401k and contributing enough to get a match.
It makes more sense if you watch the whole video. You watched him say don’t do this, but you never got to watch him say do this.
@@charliewill4879 I don't think the rest of what the first guy says matters cause he was so wrong about 401k. Like aggressively wrong.
@@chukuemekaoje1015 of course it matters. It’s like someone hearing me say I like the rain, when I don’t even like the rain.
@charliewill4879 Kris Krohn still bashes 401ks to this day, so I don't know if your example still holds. I've watched some of his latest videos.
Also... if someone "hears you say you like the rain, even when you don't", it's because you've explicitly stated so. That's on you.
Krohn was pretty clear (and wrong) in his views about 401ks... kinda doesn't matter what he says next... especially when the thing he wants you to do is to become a real estate investor, when that carries more risk than simply having a 401k. Also, did I mention that Krohn is wrong?
Also, he's intentionally obtuse when talking about 401ks, failing to mention their tax benefits.
@charliewill4879 I'll put it more simply and state it again.
Doesn't matter if we didn't hear him say "do this", when he's completely wrong about "don't do this".
Dave Ramsey "Rice and beans!" that doesn't mean coffee beans.
Ugh, I hate that toxic new-age bs about “manifesting” things into your life. There’s nothing wrong with being positive, but it’s positivity combined with actual action and strategy that produces results. The universe isn’t going to gift me $5k just because i beg for it and believe it’ll happen.
this series are awesome. Keep up the good work!
Thank you for doing this, especially about the first guy.. been watching you guys for years!
I almost overlooked your awesome boba fett bounty hunter coffee cup...
1:17 There's no way it was worse than the one which said to use a foreign brokerage account because then "you don't have to pay any taxes".
"100% beats 3%." Who needs math...I'M RANTING AT A CAMERA! The video at 12:21 is probably the most useful so far (that isn't repeating the basics of investing)
My man really suggested that you should sleep and your car and steal from hotel/motel breakfast buffets 😂😂
You guys make me laugh lol. Some of these Tik Tok’s are hilarious.
If the first guy was a bit more frantic and high-pitched in his delivery, he’d be Charlie from Its Always Sunny in Philadelphia. 😆
7:45 “All I hear is Billy Idol.” 😂🤣😭
HODL means “Hold On for Dear Life” coined by the bitcoiners with lots of conviction
Here in Southern CA, that’s about $15 worth of food
Editing for this is on-point! Brilliant!
I want to see how these guys react to Benjamin on TH-cam. He’s the funniest finance TH-camr I know
The way yall whispered while watching is hilarious 😂
This last guy's got it all wrong. If I'm going to rip-off breakfast, I'm not sleeping in my car. I'm leaving my house, dressed in a suit and tie, or business casual at worst, and then I'm following the steps as outlined (except for the side-door thing. I think those are all key activated now, so you'd have to wait for someone to come out, which is kind of suspicious. I'd probably just go through the front door, head for a restroom, or some such, wait a few minutes, then go to the breakfast area). I'd also have a briefcase containing a laptop, and in the briefcase, I'd also have the newspaper that the hotel leaves at the door each morning (little research required for that one, but easy enough, usually USA Today). I'd load up the plate with food and eat a healthy meal, while reading the paper and occasionally pretending to check something on my laptop. Then, I'd go back for seconds, loading up with re-heatable/packaged items. Next, I'd have the laptop open, as mentioned, to shield me from prying eyes at some angles, and then I'd open the briefcase on the table, shielding me from view even more while I rapidly bagged sausage and biscuits, etc. Into the briefcase they go, along with my newspaper and laptop; only seconds have passed. I'd be sure to leave a bit of food on the plate to finish a few more bites before cleaning up and leaving. Now I've got food for lunch, too, so imagine how much more quickly I'll achieve millionaire status ;)
@Day Thank you.
In Canada a basic wendys meal is $12 with taxes
The small purchases, the latte effect, is a big deal for the younger crowd. Eating out 5 days a week for lunch, a coffee every morning, subscriptions etc all do add up and people under 35-40 are absolutely over spending here.
Our mortgage is $1,700 and rent was about to hit $2,000 and now it's $2,500 for what we had. Buying was needed.
Props to the editor
Wait til the hotel guy shows up and the person sees him every single day and they ask to see his card....awkward!
There is one time when I consider fancy coffee which if I need to sit down at a coffeeshop and work whether that is homework in college of certification exams in IT.
My employer offers 6% match in my 401k. glad that first guy talked me out of that /s
these are the best vids yall do
At 2:00, I believe you are being overly naive. He's not saying this because he thinks it's true. He's saying this because he has a course to sell.
HODL is a meme abbreviation for "Hold on for Dear Life"
I remember seeing that tick tok of the first guy and arguing with people in the comments. People were defending that BS. Not getting your employer match is insanely stupid.
Do you even know who the first guy is though? Kris Krohn. Might want to look him up.
That second video with the girl, i was looking at the words on the screen the whole time, i couldnt stop looking at those words
Get a "premium" sandwich meal at Wendys and it'll run you about $12.
Make your own premium sandwich ad home for what... about $3?
@@johnc2438 Definitely. My comment was only to point out that its super easy to blow 12 dollars if you buy the more expensive options even at "cheap" fast food restaurants.
Planning on buying some ETF's this year: VTI, VOO, SPY...which is the best?
“Why’s he only making 4%?” " he doesn't understand math" lmaooooo
I could see where the first guy could have gone until he said you can't invest in a 401k??? Then it all went down hill from there. If he was going to say like invest in real estate or something that would have made sense.
14:08 look at them how they stare to the sreen focussed on that piece of paper 😂
7:40, that guy reminds me of Tom Vu
I love this! Tired of these “financial experts”
Sometimes I worry that my videos suck but I feel much better after seeing that first one🤣😂
You are doing fine, keep going.
@@waterheaterservices I appreciate it thank you!
Waiting for Krohn to show up on these guys lol
Exactly the reaction I thought it would be 🤣🤣
To quote this Tik Tok guy 'The dumbest financial advice ever might be...' actually listening to a guy in a t-shirt, walking around his kitchen, talking to himself tell you how to invest for retirement 🤣
These Tik Tok's are always hilarious
Videos like that Tic Tock are not hilarious because many people actually believe them. He is probably a Boston U econ professor AOC studied under.
HODL is the Wallstreet bets terminology of hold.
It stands for Hold On to Dear Life.
The learning works both ways on this channel - thank you 🙏👍
Last comment I promise. When I include my employer match I have a 28% retirement savings but I’m a teacher and my pension will pay nowhere near what a traditional or Roth IRA will. Would love to hear your advice for those with defined benefit plans such as teachers, state employees, etc…Feels like I’m throwing good money after bad. BTW I’m 40 with three kids under 4 and retire in 20 years.
I would also be interested in hearing their take on it. Myself, I treat my defined benefit pension as bonds and have gone 100% equity with a self directed parallel RRSP and TFSA portfolio. Once I retire I plan on maintaining this as I can theoretically count on monthly cheques while only drawing upon investments when I want. Also if my pension gets screwed by one of our many corrupt politicians I have a plan "B".
Amen to the bear markets point!
Good video!! Good TikTok.. Steph Graham... .. Thank You..
The Lambo effect. Lol.
Who spends $100 a week on breakfast? What are you eating?! That's my food budget (fluffy number) for the whole week!