bro spends his last $7.5k but still has money to get a big ass tattoo

@prodtfm

Ай бұрын

he probably spent it on the tattoos and is just tryna recoup

@Inverter222

Ай бұрын

That fake tan ain’t cheap either

@ghostkill221

Ай бұрын

Definitely a 400$ tattoo unless he's dumb.

@Tryingtofindacreativename

Ай бұрын

let me tell you. I have known this guy for many years. Before he was a scam artist. There was never a 7500$ loan. He finished dead last in a bodybuilding show and went to bali to get tattoos. Now that he scams people for a living, he tried to get involved with some gangs, they shot his "co worker" in the head, shot up his car and he moved to Bali. He was never rich. His car and AirBnb were put under a business credit for a business that he did not own, he was the bottom guy for a forex scam, he was literally just the face for a lot of these scams. The moment he got publicly exposed, he blocked everyone he grew up around, fabricated this wild story and moved. Now he lives in Bali of the money he makes scamming people with his "business partners". Until they eventually run into the wrong gangs over there too.

@0Clewi0

Ай бұрын

yeah, noticed at the first second his story has too many plotholes, someone should sell him a course for that.

Walking up to a stranger and mugging them would be less detrimental to their financial situation than listening to TikTok advice.

@ronarnold1507

17 күн бұрын

You just gotta hope they're one of the few people carrying cash these days, because cards get cancelled in minutes.

The car lady has to be satire. I choose to not believe that someone is that insane to have 3 high interest car loans

@-Sai

Ай бұрын

nah I know so many people who sign for loans just looking at the monthly while ignoring how much money they lose on interest. As long as they can pay the monthly, they don't care

@snart2195

Ай бұрын

@@-Sai but they can't lmao, she literally talks about allowing one of the cars to get repossessed. Just a galaxy brained family

@-Sai

Ай бұрын

​@@snart2195 buying one of those big ass trucks (unless you use it for work) is the dumbest thing you can do. Cause they cost so much and need so much gas, but I see so many dudes who didn't need it with them.

@darkithnamgedrf9495

Ай бұрын

@@-Saieven if you need a truck for work, those trucks have tiny truck beds and the beds are way to high for practicality. People who actually use trucks for work, use smaller but actually practical trucks usually.

@blinkx1070

Ай бұрын

@@darkithnamgedrf9495 Then how will I let everyone know I have a small penis?

shout out to the owner of the restaurant i managed during covid laying off all his employees that worked for him 25 years + and instead wrote weekly paychecks for him and his wife equating to exactly his ppp loan

@atrioc

Ай бұрын

jesus

@Hhhhhsgaga

Ай бұрын

Report his ass

@billalberkerky7069

Ай бұрын

If this is true, unironically file a tip/fraud report with the SBA. Under the False Claims Act you could get 15-30% of the recovered funds if the government determines there was indeed fraud and wins a lawsuit. Plus, you take down a scumbag.

@preethamrn

Ай бұрын

Can you actually try to report this or something. They gotta learn and I heard the government is cracking down a bit more on these.

@prodtfm

Ай бұрын

@@preethamrndoing so would put many of my past co workers out of work. Many of them didnt have green cards, and that job meant survival. He did hire them all back when we reopened, and a lot still work there. He is the biggest POS i’ve ever met, but those are good people.

Calling an actual sports bet a “risk free investment” is insane 💀

@-Sai

Ай бұрын

nah dude if you know sports its free money. (trust me I have never lost)

@Benw8888

Ай бұрын

it's risk free if they're rigging the games

@ebenezer-scrooge

Ай бұрын

it is for me 🤑(i am several thousand dolllars in debt)

@grit1

Ай бұрын

Just max your Luck stat

@Lybrel

Ай бұрын

the only risk is needing to double your bet on the next one. if you can martingale to infinity, you can always win

"this car payment might look bad at first, but compared to this other one I just took on it looks GREAT"

These guys always stand next to the cars, or have them in the background. But they're never actually in the car

@atrioc

Ай бұрын

😂

@ErikPelyukhno

Ай бұрын

To be fair the guy at 14:19 actually drives the R8 he’s standing next to, I haven’t seen the registration though so I don’t know for sure if it’s his dad’s or his

I wheezed at "Since I'm already going to jail, it's time to tell my side of the story".

The guy who never files taxes probably would have gotten a refund every year, which is why the IRS never bothered to call him...

@DsiakMondala

7 күн бұрын

this

$67k debt guy filed bankruptcy in March. Good news as it was up $10k in 3 months.

@flamethrowr_

Ай бұрын

aw :(

”See you in 3-6 years” How is he so nonchalant 💀

@leonardooriano5794

28 күн бұрын

I wonder how much money he could have made working minimum wage in those 3-6 years

@Zaes223

18 күн бұрын

You gotta realize there's a personality type that just doesn't care about prison they are in and out their whole lives its like home to them and when they're not in prison they're just doing illegal stuff for money and balling out.

@JohnSmith-ox3gy

9 күн бұрын

​@@leonardooriano579420k in debt probably. Saving with minimum wage in THiS ECoNOMY?

I started doing mundane shit like making my bed, woke up with a billion in my bank account. You guys just dont want to hustle

@JohnSmith-ox3gy

9 күн бұрын

Frfr, on that manifestation grind.

@DsiakMondala

7 күн бұрын

I just clean' up my room and next thing I knew a golden lobsters challenged me to a fight and I won using the shadow of my monster. That really heighten my conscientiousness

@JohnSmith-ox3gy

7 күн бұрын

@@DsiakMondala Freedom is calling for all men who bend their will.

Bro spends all his money then buys a tattoo. the math ain't mathing

There is something about how people on TikTok look and behave that is so inherently repulsive to my being.

@Anngrl69

Ай бұрын

The “beauty” filter all of them use was looking real uncanny valley in this video

@Tiernan422

Ай бұрын

I think it’s just an insight into the average persons life and you realize how stupid these people are and just don’t act normal lmao

I am a financial advisor, and I recently had to delete tiktok because I kept seeing so much bad financial advice and scams that I could not take it anymore.

I hate these Tik Tok Real Estate investors because you can tell 100% that they don't understand Real Estate investing. Rent not paying for all of the housing expenses is normal in Real Estate investing. The idea that you can get 100% of everything covered is a new concept. Historically, Real Estate investing was a long term game where you lose money at first and after 10 years start to see cash flow plus the appreciation. Housing on average has only gone up like 3-4% a year over the last 90 years. The real money in Real Estate came from long term holding as the leverage is stable and cheap and eventually the asset mixed with rent increases out pace the cost of the mortgage. This is usually a 10 year process to actual profitability. Meanwhile, the stock market has gone up 8-10% a year on average. For this reason, housing should never be your first investment unless you are buying it to live in. The idea of housing as a short term investment is a concept that began in the 2000s, died in 2008, then came back in 2017 after there became a shortage of housing inventory.

@-Sai

Ай бұрын

I think a lot of real estate "investors" have been popping up recently cause in a lot of countries there is a huge real estate bubble. In countries like Canada, Australia, New Zealand, etc. Houses in the last 10-15 years have doubled, even tripled in some cases. So you could gains at almost the rate of the stock market but investing in housing is also seen as more "safe".

@Lybrel

Ай бұрын

"last 90 years" is very conveinently missing a regularly occurring event. And even without a worldwide depression, urban prices are due to crash as work-from-work disappears.

@gabestrawn1400

Ай бұрын

Straight yapping

@nicholasgutierrez9940

26 күн бұрын

Yeah it's heavily dependent on a lot of factors. I bought my townhouse in 2013(?) for 180k. It's worth 600k now. I was going to buy another this year, so I looked around. It's pretty bad. Me renting out that first property would not cover the costs at all. It would take 7 years to break even, and 10 to get some real cash flow like you said. A lot of places are even bumping up their HOA. One place I saw, they raised the HOA by 300 up to 1k per month. That's stupid. In comparison, I can just put my money into stocks and have more flexibility.

@stevsux4442

2 күн бұрын

There is no shortage on housing industry

That guy who's being open about his debts is teaching a real lesson. And the point about the stress of payments is true. Like, we have a car loan and a mortgage that are less than 30% of our after tax combined and we still hate it. Making extra payments when we can :/

Take your kidney to a casino, bet it on black and win. Now you have two kidneys to do business with in international business.

140k on vehicles and having a Tahoe and gmc is hysterical.

@Ahwleung.

Ай бұрын

For that payment they could get a beater for their daily commute and rent a F550 or an exotic sports car every weekend on Turo when they wanted to drive something nice. Instead they own a Tahoe lmao.

@xkidgey

10 күн бұрын

That entire video felt like some kind of mixture of misinformed humble-bragging and relationship troubles

"Smarter and confused" is what all the cool kids are these days.

I had a car payment of 350$ dollars a month when I first started working and because rent and the car payment were due the same day, I was legit stressed to make sure there was enough in my account to cover both going out. Eventually my finances got better, but after my car got totaled and I used the insurance money to get a replacement and immediately paid it off even if it meant eating into my savings. No regrets, it feels so good to not have that debt in my mind. How anybody takes on massive loans with huge monthly payments just to flex baffles me.

@Tiernan422

Ай бұрын

Peoples minds are so warped they think anyone actually cares what car you drive or what house you live Unless you’re successful (and most people are just average) we can all see how dumb you are for going into debt you didn’t need to

@ActionScripter

27 күн бұрын

I'm about to hit 10 years on my current car. Paid off, runs great, looks great. Every time I'm tempted to get the latest model, I remember how nice it is to not have debt. That's the way to live.

@debesysg6959

27 күн бұрын

my car is a piece of crap that i got for 2k but oh my god it's so much nicer to have than worrying about 400 a month in payments

@bubba842

9 күн бұрын

I have a 99 Pontiac Sunfire that I drive to work everyday. I bought that car in 2010 for $2000. Very easy to fix and parts are cheap. It has 370,000km on it and still runs fine. The sad thing is, I could probably sell it for $2000 today with how the price of used cars are.

14% APR on a depreciating asset that is a car? That is craziest thing I heard.

@R3tr0v1ru5

8 күн бұрын

I made that mistake, paying 29% APR a few years ago. Luckily it was only second hand and not very expensive. Won't be doing that again.

15-year-old-boys: "I'd kind of like to own a house and have a family some day, can someone help me?" Alpha-male TikTok Geniuses: "That's stupid. To be a success you're going to want to buy 7 houses to rent out then you need to be getting at least 30 women pregnant a year to preserve your genes." Doing one video tutorial on Excel has got to be more useful than any of these business courses.

@boop

Ай бұрын

Wait, they might be cooking though. If you make more kids, you're increasing future housing demand, and therefore increasing the housing investment.

@stereo-soulsoundsystem5070

Ай бұрын

you can also claim them as dependents on your taxes. sigma strat

@ronarnold1507

17 күн бұрын

@@stereo-soulsoundsystem5070 For fellow old guys like me, this is known as the Shawn Kemp Strategy.

The lady: "I don't even know how to sell at the black market" The black market after seeing her video: "allow us to introduce ourselves"

Maybe that dude used Klarna for his tattoo. Smart move. In the buisiness we call those investments

"It's been real and i will see you all in three to six years" is one hell of a way to end a story

1:28 Thats just the upgrade system of Far Cry 3.

These videos are necessary on the Internet right now. I think most rational people can spot that these are scams, but it helps to explain why so hopefully some people can avoid losing their money or getting their identity stolen.

3k a month on vehicles is wild. I know dudes raking in 300k a year paying less on their service trucks that actually get used for work lmao

@superjock28

16 күн бұрын

My wife and I cleared 480k last year. 0 monthly payments on our cars lol and I drive a crappy 2011 Ford fusion

17:34 dude… what’s the point of having an Amex Platinum with an expensive annual fee but you’re carrying a balance on your card? It negates all the cash back/MR and benefits you get from your card. The total debt is insane

@bubba842

9 күн бұрын

He probably started out with that aim but his spending habits destroyed him.

2 billion views in 7 seconds, we are so back

@TheMOReviewers

29 күн бұрын

Actually made me laugh. Good job king.

@FranXiT

29 күн бұрын

@@TheMOReviewers :3

As someone who works in tax collection, FILE AND PAY YOUR TAXES. You will likely get away with it for a few years, but it will come back to bite you and when it does, it bites HARD. Plus, if you are a standard W2 worker, you will probably get a refund anyway. Be safe, do your taxes.

@Myerknas

Ай бұрын

Isn't the most plausible explanation for going so long without trouble that he IS a standard W2 worker and his tax liability is already covered by his employer's withholding, thus the IRS never bothered to bust him?

@thecubist3817

24 күн бұрын

@@Myerknas Thats quite possible. I handle state tax, not federal tax, so I'm not sure how the IRS handles it, but with state tax if you don't file, after a few years the state estimates what you owe WITHOUT taking into account tax withheld. If the IRS is the same way, then he's just plain lucky (and stupid)

8:50 Imagine if this guy has been withholding more money then he would owe in taxes and is instead losing out on thousands in tax returns 🤣🤣🤣

@timtabutops4611

Ай бұрын

He's never paid taxes. There is no amount greater from a tax return than what he has been withholding. Do you get how tax returns work?

@TopOfLobby

Ай бұрын

@@timtabutops4611 Before you get a paycheck from your employer, they can withhold money for taxes. In my hypothetical situation, I am making the assumption he 'thinks' he isn't paying taxes because he's just not filling at the end of the year. In reality he is still paying taxes and just isn't doing the paper work at the end of the year to see if he owes more or gets a refund.

@NTM567

Ай бұрын

​@@TopOfLobbyhe probably has a job that pays cash , or he put himself as tax exempt on his w4

@adamperdue3178

Ай бұрын

@@timtabutops4611 He's probably never FILED taxes, and assumes that means the same thing.

@andyb1169

Ай бұрын

Hi. Im a former case manager for the IRS. The fact that he hasn't been audited is almost 100% because he has his withholding set to 0 dependents. For simple math, assuming single and 50k a year he is basically giving 1200 dollars to the the govt every year. We dont audit those people since their are people who actually pay nothing and they get highly prioritized.

I would rather die than have a $1600 car payment. I have a $600 payment that I'm comfortably able to pay and it still stresses me out a lot

@tiagobelo4965

Ай бұрын

I'd like to note that if you're willing to work on the car yourself (which I am fully aware most people either don't want to, or straight up can't), a single month of those 1600$ could get you a decent (if not the most modern) car that'll do everything the new one does, if you go for two months you can even add in most of the gimmicks and nice to have things plus get it to drive (and feel if you know a good upholstery person) brand new

@Dodecarock

Ай бұрын

​@@tiagobelo4965not sure where you're finding close to long-lasting "fixer-uppers" for $1600 without being a dealer's child, but the sentiment is true for basically everything. People pay to not have to become car mechanics so they can pursue their actual interests. It's a trade off

@taturajala830

Ай бұрын

I make about 1800€ a month, 1600 bucks would be murder. (Dont worry, I live in Finland 1800 goes a long way)

@tiagobelo4965

Ай бұрын

​@@taturajala830 if that's 1800 after taxes, that's pretty good even if it's in a capital/major city

@delusion2987

Ай бұрын

​@@tiagobelo4965 sweetspot is a few extra grand than that, like 5 to 7k. this way you get a substantially newer car but one which has depreciated most of the way so you dont lose much on the resale. the savings you'll have by owning the much older $1600 car will be insignificant by the time you've sold.

$78k for a SINGLE TRUCK that will probably break down in like 5-10 years is CRAZY

@grege5074

16 күн бұрын

i bought and financed mine (2016 Chevy Silverado HC) for $48K in 2017. Sold in 2023 for $40K. Domestic trucks definitely hold their value, but you are 100% right, a few things started to go and I even had a mechanic who came to look at it refused to buy it knowing that the transmission was on its last legs.

I love how he improved on the: Step 1 "Do X", Step 2 "???", Step 3 "Profit" Plan by rationalizing away Step 1. That is sheer dedication to efficency. Truly the mindset of a billionaire.

atrioc never fails to financially advise us

@bigsalte

Ай бұрын

fact checked this: false information

@Craby-YT

Ай бұрын

I thought the pfp was 69 faces 😂

11:14 on god, this dude saying it how it is, admitting that he knows it's fraud, and straight up telling the whole world he's going to prison for it is the most realistic financial advice in the whole video.

15:49 as a loan officer, the highest monthly income I’ve seen was $50k a month and that was from a HEART SURGEON!

@JonathanHuyghe

4 күн бұрын

Yeah, if you’re talking about those amounts paying it out as wages is terrible. Set up a management company, pay out dividends, invest through the company, etc.

I remember watching Uncut Gems when it came out and being like holy shit this is crazy. but recently it's felt like people just live like that now.

This video in one word “fraud”

So I added my fiance to my card, her credit acore went from 500s to 650. I then immediately added my brother who had zero credit history. He INSTANTLY hit 700 (I had 740 at the time). He went from not being able to get approved for anything to 12 years of credit history with no late payments. I dropped him like 1 month later and now his credit score is somehow higher than mine.

As someone who doesn't use tiktok, I am still no richer than anyone who does

@nate6045

Ай бұрын

That's because you need to buy my Instagram course for 30k. I guarantee you'll double that in the first week.

Found your channel by watching the 3 hour Blender Glock build you did. Man your account is a gold mind. This is the comedy I needed to stay out of depression!

Atrioc, I bought a 2016 Subaru for $16,999 less than a year ago. I didn’t have any credit history at the time, so my APR was about 14%. I was hoping to be able to refinance after making payments and building credit history. When I went to refinance with my bank, they told me the car was valued at $9,000 and I’d have to pay almost $5,000 out of pocket to cover the remaining balance of the loan to refinance (they offered a 9% APR, despite the fact that I have a 710 credit score and perfect payment history) Not as bad as the Tahoe couple… but the depreciation of car value is insane and deeply upsetting

@CainXVII

10 күн бұрын

That's awful. I would say subarus don't depreciate that much... Now I'm Swedish but we sold our 2012 subaru outback for about $12.000 last year, and it was in pretty rough shape... (My mom loved going off road in that thing.) I think the bank undervalued your car.

Turns out that banks really don't like it when you hand your credit lines over to people whom they've already shut down due to fraud or collections.. Crazy thing is that sometimes buying a tradeline won't do anything for your credit score. Some issuers don't report authorized users while some issuers only report from the time you're added to the account and won't report the payment history before that. The credit bureaus also have anti-abuse mechanisms that sometimes remove the AU card from the score if the authorized user isn't in the same household as the account holder.

16:02 bro it kills me when its so intense and then tiktok completely swaps the mood with the "boodloomp" sound when its over 🤣

That dude pays more on the interest from his credit cards than I do for rent. Wild 💀.

@bubba842

9 күн бұрын

All minimum payments. To be only paying $400 a month on a $65,000 debt telld you he is paying the bare minimum. It would take him about 20 years to pay that amount off.

I studied international business until I decided to fill my international business with international business from business.

The funny thing about the trade lines gal is that a large number of mortgage lenders ignore AU account history exactly for this reason

18:00 at least that guy is keeping track and STRESSING about it. Not calling it an entrepreneurial enterprise

Bought SHIB when there were seven zero's in the price. Sold it when there was four 0's in the price and bought a new PC lmao

$3k a month on cars is wild because you also have to include full coverage insurance, fuel and registration. All on a depreciating asset...and whatever the Audi adds to that total.

I get anxious just watching some of these clips...

I suddenly feel really good about my own financial situation

Been waiting so long for another TikTok financial advice video

*Here’s a wacky tip to raise your credit score!* *Pay your damn bills.*

@Code7Unltd

Ай бұрын

*Paying off bills is bad for your credit, still.* *Of course, criticizing Semites dings your credit score too.*

@Lucy-zv4xc

Ай бұрын

On time, once a month, in full!

@zacharybray6200

Ай бұрын

​@@Code7UnltdI assure you letting your bills go to collections is far worse for your credit then paying them.

Was watching my local MLB teams broadcast, before the game they have a betting segment built a three leg parlay showed every individual odds and the total odds, then verbatim said “if you bet $100 today you’ll win $256” like people just have a spare $100 lying around (also the bet did not hit)

@mugnuz

Ай бұрын

sure cought whales could even make that guaranteed bet profitable for the gambling provider if you could cash it out directly. but damn... people are stupid.

16:16 charging air orbs obviously

@channingtaintum

Ай бұрын

🦀 JAGEX DOESN'T DO MUNDANE SHIT DAILY 🦀

@kittyjuicer

Ай бұрын

LMAO

@BigJohnson666

Ай бұрын

Bro needs to get sent back to lumbridge

When I was in high school a kid took out a 10k loan and put it all into that one crypto called Luna or something. He called himself a gigachad until it crashed to less than a cent a week later and his parents had to bail him out. Funniest shit I’ve ever seen

I max out my 401k and put an additional $100 a week into an S&P 500 index fund. I’m so boring and love it.

greatness comes not from one single thing but from thousands of little things done perfectly

literally every single money you spend on renting is wasted. everything you spend on paying your own mortgage, you will get back when you sell the house UNLESS it goes down in price, and you will live cheaper because when you rent an equal place, you will pay for mortgage + whatever the guy renting the house to you have to pay in taxes + money to give him profits on the deal.

the Enron hat is a nice touch

I would be first in line for the "Spare Kidney? who needs it: How my spare organs set me up for life" book by the Glizztrioc

blessed be thou when atrioc uploads

Yea that trade line risk is crazy... if the other side manages to get a copy of the CC sent to them, what are you gonna do call the bank and claim fraud? They're an authorized user! You're on the hook and the bank will def cancel your cc.

a house does not go up over time when you buy at the peak of the market, which is right now

@CainXVII

10 күн бұрын

Not where I live, I am just about to sell and I won't make back what I bought it for. The market took a deep plunge a year ago

@bubba842

9 күн бұрын

​@@CainXVIIThat has not hit everywhere yet, but it's coming.

For some reason I felt the need to clarify at 9:20. If the person was being paid by an employer who was sending his information to the IRS, then the employer would have been automatically withdrawing his taxes from his paycheck (like every normal employer does). So it's very likely he has been paying taxes, and could be owed money if he ever over paid. Unless he is self employed or getting paid cash.

im glad the guy in the enron hat is teaching us about finances

@deboralacreta

8 күн бұрын

And don’t forget the Lehman Bros shirt

This is it. The top of the internet idiocy spike. I am terrified and laughing at the same time, its really scary

That truck story had the crazy turn of events I've ever experienced. It was like watching Maury show with cars.

@johnd9357

16 күн бұрын

Huh?

That second one is literally options trading with extra steps

I’ve been feeding myself through sports gambling. I did all of the $5 -> $150 promotions that every big betting app has and have gradually been getting up to $200 in my account, withdrawing $150, and then trying to get the remaining $50 up to $200 again. I’ve been pretty successful and honestly I’d probably have to drop out of college if I wasn’t doing it. Give it a try if you want people, just NEVER deposit more than that initial $5 unless you really have money to waste. So far I’ve turned $20 ($5 at 4 different apps) into around $600.

@von...

Ай бұрын

I also hit a lick on 2 of the promos just doing "pennys in front a steamroller' bets until I could withdraw lol. if anyone does this & loses it, walk away it doesnt matter & it isnt worth becoming an addict trying to chase back money you never had (that is their goal of offering these promos to you)

Sellling options is no risk, it’s just the way you look at it. If you sell an option for 100 dollars premium at like 20 dollars and the stock you sell sky rockets to 40. You would have to sell the 100 shares at 20 dollars not the 40. But if you bought the shares at 15 u still made money. Not as much as if you woulda held them but still money. You always have to chose the right strike price. And if the strike price doesn’t hit u just keep the premium

we completed the trilogy of financial advice

Finance Friday, evil Marketing Monday

I love that when you mentioned the PPP loans and you were like "people did a lot worse", and at first i was like. Ye all the banks and like consulting firms who tell manager to raise manager salaries so they get positive feedback from said managers. lmao. But then when you also mentioned that you meant even in terms of PPP i was like "Oh ye that was a thing aswell xD"

I looked more into the guy $67k in debt. His debt has gone up to $70k and there is an additional $170k in student loans. He's still in school after a decade and Uber is the primary source of income but has recently started a new salaried job with benefits. It's good that he's aware of the crippling debt, but still has a spending problem with regular coffee purchases and infrequent restaurant visits.

fraud, gambling, theft and questionable life advice

Bro who never files taxes is probably owed money from the government. Most people overpay through their payroll.

I love how Atrioc sounds like a young Kurt Metzger. His commentary makes TikTok videos go from insufferable to hilarious.

This video made me feel like Steve Carrel in The Big Short when he's talking to the two sub prime mortgage salesmen

that guy is just "are you a different beast and the same animal?"

Guy got away with it for 20 years until he told his loudmouth coworker who spilled the beans on tiktok 🤦‍♂️

the houses as an equity always is too funny to me. they never tell that you have to be super lucky and skilled to really find a good place to build a valuable house to even make it worth remotely and always forget houses have running cost and you dont wanna live there where its very profitable. renting and investing quite safely outperforms that every time by a huge margin the last 40 years even with crisises. and when you retire you could buy a better house in a better area and still have money left... INSANITY

I just bought a 23 brand new GTI autobahn and my payment is only 490 month with 4%. That lady and her husband had bad credit

Kodak being the most reasonable example had me dying 🤣 😂 😭

16:45 Mr Clean guy: 100k a month Car dealership/car salesman In court for false statements on car down payment docs

The only risk free investment is be in the nba, tell your friends that you’re going to suck/get hurt in the next game. Have them put $80k on your unders and then leave the game early. Boom $1.1mil easy 💰

Almost all tiktok financial advise boils down to ”buy something for cheap and sell it for more”. All that varies is the way of getting the money and the volatility of the asset.

Love your hat man

The scam the dude was telling us about is SBA, not PPP.

Dude the amount of times I have heard “YO DOGE COIN IS GOING TO THE MOON MAN” followed a few months later by “WHY DID I INVEST IN DOGE COIN!? NOOOO” since I was 13 back when it first launched is fucking ridiculous.

Wtf. The guy could have taken the $40k, gone to highschool and used the $40k to bet on sports. He didn't need to drop out??

I couldn't wait, so I already watched this, back for big a laugh though

I did a shot for every time that guy said "international business" and I now I regret it. I've never gotten so drunk so fast!

the guy at 16:00 is a car sales motivator/consultant for car dealerships

Love your Enron cap 😂

My biggest issue with all those tik toks saying to buy and rent then buy more homes is 1. They don't say you have to find a good area for rental income 2. That you are very likely to be paying the mortgage difference from the rent. It takes a few years until you are able to rent it out for more than the mortgage. I'm currently buying a property with the hope to rent a while after but I had to budget the difference of what the current rate is for the area and what my mortgage payment is. If you cannot afford the difference for a few years then it's a very bad idea haha

@zacharybray6200

Ай бұрын

I've had multiple people try and pitch those schemes to me and I hate it. Your borrowing so it's not your money, your hiring a manager/repair guy so it's not your effort, your getting insurance so it's not your risk, and you have a renter so someone else pays the mortgage. You are literally stealing from someone that probably lives paycheck to paycheck at that point. You are a leech to the economy. That isn't to say that's the case for all renters but that's the "dream" people pitch to you, one where you get money for nothing at others expense.

@isaac53t33

Ай бұрын

@@zacharybray6200 Very valid point. Actually very valid. If you were saying I was scum of the earth I would want to clarify I live in a college town these kids cannot buy a home, and I am planning on renting at a discount.

@isaac53t33

Ай бұрын

@@zacharybray6200 it just occurred to me, you weren't saying I was scum of the earth were you? If so that is my bad haha

@zacharybray6200

Ай бұрын

@@isaac53t33 No I would say that's actually one of the areas where renting is actually filling a need in the community and not just pawning off your mortgage onto someone who would've otherwise bought your house themselves.

@isaac53t33

Ай бұрын

@@zacharybray6200 Yeah I definitely concur with that. But yeah let's not even get started in trailer homes, they are just awful haha. But yeah thanks for clarifying man!