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Or you can revolt against the federal government and realize that all taxation is theft

Either way it's a scam should never have debt for a livelihood

Says you need to ask open ended questions. Proceeds to ask a close ended question lol

Assumes static/frozen supply v interest rates...

If you waited 64 days before spending it, you would literally have more money than a bank computer could calculate.

It turns into 1.3 million dollars in 27 days and into 1.3 billion dollars in 36 days

Its gonna be billions in a matter of months

Ryan gosling?

Don’t worry the American dream is pie in the sky. Fake as hell thanks Biden dumb fuck

Why are interest rates going up and also the the price of houses 🤷‍♂️

How much was his down payment?

Bro just discovered renting.

Genius move. But he actually made more than $250k He also made five years of mortgage because that is straight equity into the house. And if you can afford it, while your roomies are paying the rent, he can throw additional money into that payment which brings down the principle and increase his equity even more. That's how you play the game. Smart--and rich!--friend you have there!

My question is how much would the 500000 be if invested by time the penny reached 500000

What has this to do with compound interest?

Interest doesn't double without fail.

trick question. only 1 penny doubles every day, not the doubled pennies

Only takes 26 days to get to 500k…

How about you don't use housing as investment and leave the houses for people who need to buy them to actually live in. You're making money off of other people by doing nothing. Stick to WORKING for your money.

"He prefers playing with boxes or paper bags anyways"....already specializing in infrastructure!

I know if someone send me account details to send money instead of buying a child a gift I wouldn’t trust that person at all, id just assume anyone selfish enough to take away the excitement of their birthday is selfish enough to take away their money

Bro got the concept of Brithday Gifts wrong...

lol if someone asked me to put money in their kids savings account I would laugh and never ask again. The point of giving a gift is to bring joy and have them appreciate it and give you a hug. Instead this is a behind the scenes transaction that the child will only appreciate when he’s an adult and Mr. Dad here will take all the credit and the family and friends will remain faceless. Smart business move, but birthday gifts are personal gifts. Let your kid be a kid.

Great idea

That is dystopian. Saving for retirement just out of the womb. What a world

I don't like this approach because maybe some of those gifts could be life changing for your son. Imagine that is a book that gives him another perspective, or its a musical instrument or something else. When I had 9/10 years my grandpa bought me a CD burner. That was a gateway to music and computers. Today I'm a software engineer and a musician. That gift was more valuable that all the compounding of those years

$6700 at birth in sp500 is $1 million at 65, btw; that's less than a delivery room visit costs.

Wat to explain nothing while convincing people they shouldent go to you for a loan.....😂

Sorry man. All I learn from your vid is that there are a bunch of loans with acronyms that normal people don’t know about.

Deflation. "That's not something you want." ah yes that story we're always told. I hate it when stuff gets cheaper 😡

Lol 😂

Who’s buying a house at 6.8 apr

Cap

Don't live in America

Like people can afford a house these days anyway

What if I can buy it cash and I don’t need to take a loan

just don't buy one

You look like ryan renolds

I appreciate his cadence and teaching the importance of being ascertive, but I can't stop seeing him as the account version of captain america

You will own nothing and be happy. WEF 2019.

Why dont we put property taxes on the ballot to see if we want to pay them?

this all at the expense of your homes value… best of luck when it’s time to sell

I tell them to kiss my ass there’s no way I would pay that kind of property taxes

Things that didnt happen. The guy is a cooker.

That’s exactly why you should ALWAYS make sure you’re not over charged, no matter how much money you got in your pocket!

Why are you acting like you are talking to someone?

What's the procedure to challenge their assessment?

this dude is smoking crack

So 100% appreciation in 4 years and you’re just gonna stick with supply and demand. What about the record number of new apartments coming online over the next 4 years what about stagflation what about 25% real inflation including food and energy what about property tax hikes what about record high credit card debt what about record high auto repos……… New homes are sitting on the market in most places. New guilds are being sold at discounts( not enough) People moved out of the cities but over the next 5 years people will move back to cheaper relative apartments and away from the small towns and cities If we could only get rid of air bnb and ban Wall Street from buying homes then we would all have a shot again

Oh ok