I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!
True, the idea of a portfolio-coach used to sound generic, but a new study by investopedia actually found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounters, I can say for certain their skillsets are topnotch, I've raised over $900k from an initially stagnant reserve of $250K all within 14months.
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.
Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started and thats how i was able to accrued good gains . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal
The Graham and George combo is awesome. We need more people sharing like this in the finance space. Lot’s of similarities, minor differences, great spirits!
Good renters are valuable. My dad's friend had 2 properties in San Jose, one property he has been renting to the same family for $1200 a month for decades. They are great people who he now considers friends and they take great care of the place. He could probably get over 3x more rent but he doesn't care. They are awesome and the perfect renters. In contrast, His kid, my old friend from high-school stayed in the other place and trashed it. He had to completely gut the house and renovate it after kicking him out... Then he sold that place and made over a million in profit.
I foresaw the housing crisis and sold my property. I then put it in the market, about $200,000 of it. That was late February. I've lost more than 40% of my portfolio's value. It makes me really sad. How can I turn this situation around?
This is really sad. If you're not who understands strategies to invest in the market, why not seek a financial advisor to help you grow your portfolio?
Having an investment advisor is the best way to go about the stock market right now. I’ve been in touch with a coach for a while now mostly and I gained within a short time.
I would not pay cash for one rental property if I had $400K to invest. I would buy four with a mortgage. You do not want to have all your eggs in one basket. For a lot of reasons. I have 6 Rentals 3 are paid off and 3 have small mortgages. I also flip houses occasionally. So, this is my opinion from my personal experience. I've been successfully investing in real estate for ten years. I also have a full-time job.
Ramsey says only to buy in cash in order to have no risk. It won’t make you rich, but he isn’t trying to make people rich. Just make sure they don’t die on the street when they retire.
George you’re awesome. I love the little edit cut aways, every video I laugh out loud which makes it entertaining on top of the great life/financial advice. You’re doing great work keep it up
Graham, buddy, spring for some sunglasses:) #1 cause of cataract's later in life is not wearing sunglasses. This was a good segment and I agree, the time doesn't feel right to invest in real estate. Thank you for the info, and George, these Millionaires in Cars segments are fun!
I briefly looked at some real estate during the late summer -- not worth it with interest rates -- and I'd have to sell my place -- also risky. Keeping my home and working on paying it off in 3 years max. Got a plan!!
I really like Millionaires in Cars Getting Coffee! Short, sweet & to the financial point. Would like to see you drive with the RUclipsr from Minority Mindset & Patrick Bet-David.
As a landlord myself, I was surprised to hear that Graham supplies a washer/dryer ... My properties have the hookup, and if a tenant wants to get their own they can but they are also responsible for any damages they may cause to the property. Also, if a previous tenant leaves behind their washer/dryer and a new tenant moves in, the new tenant is specifically told and initials in the lease that they can be used but if they break we don't replace or repair them. We will only remove the broken appliance.
In my area, units with washer dryers rent SIGNIFICANTLY higher than units without. The cost of the machines plus maintenance is made back many times over with the higher monthly rent.
Totally not hating, but I’d love some context on George’s salary. I became BS7 about the same time George said he was breaking through financially and now he’s riding around in a Tesla (Cash) and buying investment properties 400k (Cash). I feel like a nerd because my BS7 with a great income doesn’t look like that lol. I hope it’s because Dave is paying 7 figures, but the old man doesn’t strike me as that type!! Thanks for all the great “free” content.
Graham telling us there are NO deals to be found right now in his market as well as only having 5 rental properties in his current portfolio… that should tell you everything you need to know about the current housing market and what he thinks about it. He’s sold off pretty much everything, he’s sitting on cash and we have unaffordable homes.
I know these are a reach, but: Ashton Kutcher, Warren Buffet, Mark Cuban, Ryan Reynolds for investing. An easier choice might be David Platt. He challenged how his church in Birmingham allocated money to each ministry when he was a pastor there. He also really changed how the International Mission Board spent money when he was the president. Maybe Francis Chan too since he was a leader of a mega church and decided to leave that life behind to live abroad. He also is known to be a huge giver.
Warren Buffet and Charlie Munger said it was very difficult to identify inefficiencies in the real estate market because of that they bought stocks and companies. That makes sense except when a real estate bubble bursts, that is an inefficacy.
I'm afraid I have to disagree with Graham about it being a bad time to buy for rent. He's using the debt side of the argument, while George uses his cash flow side. The only reason it's cheaper to rent than to buy right now is because of the mortgage rates. With no mortgage rate, a buyer can afford to list his rent at a cheaper rate than the market rate compared to the buyer using debt. Since Graham's argument is controlled by debt, it should weigh less into George's planning. Plus, interest rates have softened the market to lean more towards a buyer than a seller. But that's only true when paying in cash.
Personally to answer George’s question (determining market rent on a cash purchase) I run the numbers as if I was buying on credit then add in a % for maintenance, upkeep , and repairs (cap ex). I’d also maybe consider paying myself the management fee. Add all of these up determine my number then hit up all of the local places where rentals are advertised Facebook, Craig’s list, etc and determine if I’m in the ballpark. That’s how I’d analyze it. If you are in a comfortable zone then I’d buy.
The point is, you didn't buy a $15 meal when you were poor, so why would you buy it when you're not poor? Otherwise that's just lifestyle creep - and that's how you stay poor.
10:27 The thousand-yard stare combined while saying, "I didn't know how this Thursday was going to go." makes me think that Dave Ramsey has meetings with his 'Personalities' on Thursdays.
Rewatching, and 0:33 also has a sinister sting. I know it's for comedic effect, but this may be the darkest episode of Millionaires In Cars Getting Coffee, ever. Still, I'm a big fan. I hope to get my net worth over the million line so I'll have a chance to be a guest one day.
Hahahahaah I don’t even know how it took Graham that long to do that math. If you’re in real estate you should know your numbers by heart. You can tell things just fell into his lap and he’s comfortable not working for good returns anymore.
%10 on your 400k is nothing if you it’s cash, you can easily make that in t bills at 5% but if your get a loan and buy something for the same price, you only pay 30% that will make you the same amount and keep thr 70 to make tge 5% , inflation is going to eat that 70 in your favor but your cash against you, you can’t survive with cash in this economy
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US. The government has really called things more difficult for its citizens, and we can't sit back and bear all the consequences of the bad governance. We need to take our financial life serious... I recommend stock market investment and digital currencies
If you want to be successful, you must take responsibility for your emotions, not blame others. In addition to making you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal responsibility. There is always a risk in every investment, but people still invest and succeed. You must look outside if you want to be successful in life..
The first step to successful investing is determining your goals and risk tolerance, either on your own or with the help of a financial professional, but it is highly recommended that you use a professional.
There is nothing better than hiring an expert in any trade, selfishness and greed have deterred many from doing this and they ended up suffering a huge loss.
As a newbie you'll need to invest in a company that is working towards sustainability, like that of expert helen jackson and her abilities in handling investments are top Classic >
@@GeorgeKamel Haha thanks for the reply. I know I don't need to tell you this but you are DEFINITELY financially disciplined enough to manage credit cards though. They can still be treated like debit cards by paying in full each month. The cash back rewards and extended warranties are a nice perk, as well as better security and fraud protection compared to debit (as it's directly linked to your bank account). I'm not saying to travel hack and chase sign up bonuses, but disciplined credit is definitely way more advantageous than cash and debit.
I would have agreed with you until recently when I read George’s new book ‘Breaking free from Broke’. I recommend it It’s not too long and had some witty comments I was resistant on listening to why he opposed credit cards citing the reasons you have but I do agree with him that one spends more when using credit cards than they would in cash and apparently this has been proven in studies I do agree with you however that it’s safer when buying online. George argues that you have almost the same protection with a debit card but for that reason and that reason alone I’d say credit cards are better otherwise cash is king Love these two guys @grahamstephan and @georgekamel So likeable and successful
I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!
True, the idea of a portfolio-coach used to sound generic, but a new study by investopedia actually found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounters, I can say for certain their skillsets are topnotch, I've raised over $900k from an initially stagnant reserve of $250K all within 14months.
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.
Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started and thats how i was able to accrued good gains . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
The Graham and George combo is awesome. We need more people sharing like this in the finance space. Lot’s of similarities, minor differences, great spirits!
Short kings in Teslas getting coffee is now my favorite recurring bit on this channel
Graham, please don't ever stop making RUclips videos!!! I don't listen to podcasts but love the RUclips videos!!!
Good renters are valuable. My dad's friend had 2 properties in San Jose, one property he has been renting to the same family for $1200 a month for decades. They are great people who he now considers friends and they take great care of the place. He could probably get over 3x more rent but he doesn't care. They are awesome and the perfect renters.
In contrast, His kid, my old friend from high-school stayed in the other place and trashed it. He had to completely gut the house and renovate it after kicking him out...
Then he sold that place and made over a million in profit.
Try 350 a month for over a decade and it just went up to 375
It sounds like he has a good hobby.
My two favourite financial gurus! Love it!! Thanks George and Graham!
I foresaw the housing crisis and sold my property. I then put it in the market, about $200,000 of it. That was late February. I've lost more than 40% of my portfolio's value. It makes me really sad. How can I turn this situation around?
This is really sad. If you're not who understands strategies to invest in the market, why not seek a financial advisor to help you grow your portfolio?
Having an investment advisor is the best way to go about the stock market right now. I’ve been in touch with a coach for a while now mostly and I gained within a short time.
That's impressive! I could really use the expertise of your advisor. Could you recommend who you work with, please?
Doing your research will save you a lot of hassle, Monica Mary Strigle is her name and she is licensed.
Thank you for this. I'm gonna check her out and try to reach her. I hope she gets back to me.
I would not pay cash for one rental property if I had $400K to invest. I would buy four with a mortgage. You do not want to have all your eggs in one basket. For a lot of reasons. I have 6 Rentals 3 are paid off and 3 have small mortgages. I also flip houses occasionally. So, this is my opinion from my personal experience. I've been successfully investing in real estate for ten years. I also have a full-time job.
Ramsey says only to buy in cash in order to have no risk. It won’t make you rich, but he isn’t trying to make people rich. Just make sure they don’t die on the street when they retire.
@@timson7970 That makes sense for most people. owning rental properties is definitely not for everybody.
Simply put; George is the best.
Caleb hammer- from financial audit. He’s like a modern Dave Ramsey. ❤
Make these videos longer! They’re great
Caleb Hammer for next guest!!
George you’re awesome. I love the little edit cut aways, every video I laugh out loud which makes it entertaining on top of the great life/financial advice. You’re doing great work keep it up
Has Dave apologized to you about his ridiculous 4% withdrawal rate rant ? If not, he should . Keep up the great work, George!
Get over it
Did George apologize for going behind his boss while using his bosses name to achieve fame and success?
@@chief5981what you just said made no sense. Imagine defending a tyrannical liar. Sad times.
@@reyrey992cry more
oh look a Dave Ramsey hater ... we get it you don't like Dave Ramsey ... but it's good to see that he lives rent free in your snowflake brain
The same guy who doesn't spend $15 to eat..... $40k watch, best buy ever.
Graham, buddy, spring for some sunglasses:) #1 cause of cataract's later in life is not wearing sunglasses. This was a good segment and I agree, the time doesn't feel right to invest in real estate. Thank you for the info, and George, these Millionaires in Cars segments are fun!
I enjoy your humour while watching your show on serious topics.
Jaspreet Singh!
the car seat base in the back is just the perfect touch
My New Years Resolution is for Dave to publicly apologize to George for ignorantly dragging you on the show over the 4% withdrawal rate.
Yep, he was talking about specifically the FIRE movement and the 4% rule is safe
Great episode! Gragham is the man! Love his advice about all things real estate.
Guy Fieri would be lovely tbh.
I wanna know how he manages his finances and how he became a legend
woot woot love the highlight on SLC and the temple reconstruction
I briefly looked at some real estate during the late summer -- not worth it with interest rates -- and I'd have to sell my place -- also risky. Keeping my home and working on paying it off in 3 years max. Got a plan!!
I really like Millionaires in Cars Getting Coffee! Short, sweet & to the financial point. Would like to see you drive with the RUclipsr from Minority Mindset & Patrick Bet-David.
Caleb Hammer would be a great coffee date!
Andrei Jhik and Kevin Pafrath!!!!!! ❤❤❤❤❤❤❤
Great interview! Just ordered George's new book "Breaking Free From Broke"!
I would love to see Caleb Hammer on as a guest!
great episode! Putting my vote in for Guy Fieri!!
I'd like to see Erin Talks Money on your show. I'm not sure she's very big, but I like your channels.
That would be a good episode. She offers sound advice.
Great guest! Thank you for the content!
The look on his face when you said you buy cash 😂
I also did my math and decided not to increase rent for my great tenants even though the market price is 500 bucks higher. Don't want to risk it
Future guests: Dave Ramsey, a Shark Tank regular cast member, a self made millionaire. Enjoy your channel. Happy New Year!
Love seeing the care seat mount in the back, way to go George!
Great Duo 🎉 We need more videos like this !!!
So .... This didn't age well. Keep promoting garbage Dave Ramsey Show YOTTAAA!!!!! What's next crypto??
If you buy it right, for less than will appraise,, you can also add to your networth, upon purchase.
Real entertainment but with a financial takeaway. Reminds me of Seinfelds comedian ls in cars getting coffee, but at the end you get more than laughs
I’m still waiting to see Graham and anybody from Ramsey Media to debate Credit cards. I’d even pay to see it.
I would love to see Michael Jordan do this type of interview. Also, I'd like to hear him talk about NIL money in college today.
He's an amazing businessman. Get him together w. Mark Cuban?
I also want to hear about how he lost $500m betting against GME
As a landlord myself, I was surprised to hear that Graham supplies a washer/dryer ... My properties have the hookup, and if a tenant wants to get their own they can but they are also responsible for any damages they may cause to the property. Also, if a previous tenant leaves behind their washer/dryer and a new tenant moves in, the new tenant is specifically told and initials in the lease that they can be used but if they break we don't replace or repair them. We will only remove the broken appliance.
It depends on the unit being rented. This is beginning to become more standard at certain price points.
thats nice you offer to remove them, i kinda feel like they should be responsible for that once they make the decision to keep the machines
@@RCGuitar982 It's not a big deal. Where I live, people will literally come take a broken appliance for free, for the scrap.
@@Jumpman67 oh no doubt, when i started out renting i was 21 and clueless, ended up with the greediest sob's upstate NY could give you
In my area, units with washer dryers rent SIGNIFICANTLY higher than units without. The cost of the machines plus maintenance is made back many times over with the higher monthly rent.
Totally not hating, but I’d love some context on George’s salary. I became BS7 about the same time George said he was breaking through financially and now he’s riding around in a Tesla (Cash) and buying investment properties 400k (Cash). I feel like a nerd because my BS7 with a great income doesn’t look like that lol. I hope it’s because Dave is paying 7 figures, but the old man doesn’t strike me as that type!! Thanks for all the great “free” content.
Tesla was a 2013 and purchased in 2021. I don’t own any investment properties. Just my primary home. Hope that helps
@@GeorgeKamel it was none of my business, thanks for replying with grace. Success looks great on you! That was from a place of my insecurities….
You two need a recurring series
have Caleb Hammer on!
The driver window on your Tesla Model S sounds sad when being rolled up, George.
You should do Vivek R!
Love the edits 😂 very entertaining
Graham predicted that it was a good idea to sell FTX to his audience.
Another excellent video
Love these!! ❤❤❤
Graham telling us there are NO deals to be found right now in his market as well as only having 5 rental properties in his current portfolio… that should tell you everything you need to know about the current housing market and what he thinks about it. He’s sold off pretty much everything, he’s sitting on cash and we have unaffordable homes.
I've stopped his main channel and mostly watch his pod cast. Give it time and it will over take main.
I know these are a reach, but: Ashton Kutcher, Warren Buffet, Mark Cuban, Ryan Reynolds for investing. An easier choice might be David Platt. He challenged how his church in Birmingham allocated money to each ministry when he was a pastor there. He also really changed how the International Mission Board spent money when he was the president. Maybe Francis Chan too since he was a leader of a mega church and decided to leave that life behind to live abroad. He also is known to be a huge giver.
Warren Buffet and Charlie Munger said it was very difficult to identify inefficiencies in the real estate market because of that they bought stocks and companies. That makes sense except when a real estate bubble bursts, that is an inefficacy.
Caleb Hammer
$2000 for a washer/dryer??? They’re about £300 in the U.K. - why don’t Americans import them from Europe?
Caleb hammer
We want Guy Fieri 🇺🇸
I really enjoy watching you and Graham bounce off each other. I would get a kick of more with him or meet Kevin
That's not coffee; it's dessert 😅
I'm afraid I have to disagree with Graham about it being a bad time to buy for rent. He's using the debt side of the argument, while George uses his cash flow side.
The only reason it's cheaper to rent than to buy right now is because of the mortgage rates. With no mortgage rate, a buyer can afford to list his rent at a cheaper rate than the market rate compared to the buyer using debt.
Since Graham's argument is controlled by debt, it should weigh less into George's planning.
Plus, interest rates have softened the market to lean more towards a buyer than a seller. But that's only true when paying in cash.
@George please share more on the HYSA 5.4%
DM me on IG @GeorgeKamel
@@GeorgeKamel thanks. Unfortunately I'm an old codger and not on the gram. Don't worry for now ill reach out if I sign up / modernize.
Personally to answer George’s question (determining market rent on a cash purchase) I run the numbers as if I was buying on credit then add in a % for maintenance, upkeep , and repairs (cap ex). I’d also maybe consider paying myself the management fee. Add all of these up determine my number then hit up all of the local places where rentals are advertised Facebook, Craig’s list, etc and determine if I’m in the ballpark. That’s how I’d analyze it. If you are in a comfortable zone then I’d buy.
Erin Talks Money
See if you can get Nate O’Brien on.
Guy Fieri would be awesome!
As of today SPHR stock is down to 33.73
Get Guy!
I stopped watching when it mentioned using $400k in cash. I realized I'm not the target audience for this video
lmao I thought he would at least say 200k when he said 400k I was out too?
have jack be the second return guest
“Angel Investor”…🤔😇
His 40k watch investment makes me feel better about my 3k vacation I'm going to take this year. I'm a workaholic easily.
Vacations are memories. The watch is an asset if you know what and how to buy. You shouldnt feel guilty about either if you are positioned right.
@@03c5z you're right. I rarely spend on things in hopes to be able retire a bit earlier than usual.
@@Winston0Boogie nothing wrong with that, just make sure you enjoy life along the way. Best of luck in your journey
Definitely bring on Guy Fieri!
Guess I missed the “predictions”
Give us Creed bro!
Can I put in a guest request for Jerry Seinfeld 🙋♂
So what was his prediction he just said he doesn’t see any good deals.
This was filmed like 6 months ago
Jaspreet Singh with Minority Mindset would be a good one.
If you're a millionaire, you can afford a $15 meal! These people are cheap. I wish I could take their advice, but they take it too far.
The point is, you didn't buy a $15 meal when you were poor, so why would you buy it when you're not poor? Otherwise that's just lifestyle creep - and that's how you stay poor.
Get Matt Walsh.
Taylor Swift should join you on smart money happy hour
10:27 The thousand-yard stare combined while saying, "I didn't know how this Thursday was going to go." makes me think that Dave Ramsey has meetings with his 'Personalities' on Thursdays.
Rewatching, and 0:33 also has a sinister sting. I know it's for comedic effect, but this may be the darkest episode of Millionaires In Cars Getting Coffee, ever. Still, I'm a big fan. I hope to get my net worth over the million line so I'll have a chance to be a guest one day.
Hahahahaah I don’t even know how it took Graham that long to do that math. If you’re in real estate you should know your numbers by heart. You can tell things just fell into his lap and he’s comfortable not working for good returns anymore.
%10 on your 400k is nothing if you it’s cash, you can easily make that in t bills at 5% but if your get a loan and buy something for the same price, you only pay 30% that will make you the same amount and keep thr 70 to make tge 5% , inflation is going to eat that 70 in your favor but your cash against you, you can’t survive with cash in this economy
I agree with graham. Why would you invest your cash in an investment property when you can get 5.5-6% in a no risk CD. Makes zero sense.
My greatest concern is how to recover from all these economic
and global troubles and stay afloat especially with the political
power tussle going on in US. The government has really called
things more difficult for its citizens, and we can't sit back and
bear all the consequences of the bad governance. We need to
take our financial life serious... I recommend stock market
investment and digital currencies
If you want to be successful, you must take responsibility for your
emotions, not blame others. In addition to making you feel more
guilty about your faults, pointing the finger at others will only serve
to increase your sense of personal responsibility. There is always
a risk in every investment, but people still invest and succeed. You
must look outside if you want to be successful in life..
The first step to successful investing is determining your
goals and risk tolerance, either on your own or with the help
of a financial professional, but it is highly recommended
that you use a professional.
There is nothing better than hiring an expert in any trade,
selfishness and greed have deterred many from doing this
and they ended up suffering a huge loss.
Well l've been trying to get a good broker who can be able to
tell me how to go about digital currencies. Can anyone tell
me about one?
As a newbie you'll need to invest in a company that is
working towards sustainability, like that of expert helen
jackson and her abilities in handling investments are top
Classic >
Too short
Grahm has OCPD.
Alex Hormozi or Leila Hormozi would be excellent guests.
Alex was on a previous episode!
Are you really an all-cash guy? Or do you just say that to keep your job with Ramsey? LOL
I only use debit card and cash, so yes. And it’s not to “keep my job”. It’s called believing in something.
@@GeorgeKamel Haha thanks for the reply. I know I don't need to tell you this but you are DEFINITELY financially disciplined enough to manage credit cards though. They can still be treated like debit cards by paying in full each month. The cash back rewards and extended warranties are a nice perk, as well as better security and fraud protection compared to debit (as it's directly linked to your bank account). I'm not saying to travel hack and chase sign up bonuses, but disciplined credit is definitely way more advantageous than cash and debit.
I would have agreed with you until recently when I read George’s new book ‘Breaking free from Broke’.
I recommend it
It’s not too long and had some witty comments
I was resistant on listening to why he opposed credit cards citing the reasons you have but I do agree with him that one spends more when using credit cards than they would in cash and apparently this has been proven in studies
I do agree with you however that it’s safer when buying online. George argues that you have almost the same protection with a debit card but for that reason and that reason alone I’d say credit cards are better otherwise cash is king
Love these two guys @grahamstephan and @georgekamel
So likeable and successful
Would love to see Grant Cardone or Robert Kiyosaki in the passenger seat for the ultimate oil/water conversation.
Who’s saving up $400,000 to dump all of that cash on a property? Like, wtf. I know deep down even George doesn’t believe the shit he pushes 😭
Graham is burnt out because he isn’t a partner with me on my luxury vacation properties in Costa Rica.
What it cost to have your seats cleaned after letting that slimeball sit on it?
Hey Chad Ocho Cinco on!
4% or 8% it don’t matter as long you keep investing in the right funds and live with less than you make. Its not that difficult.