Wealth Advisors Guess Our Net Worth | RATED Ep. 6
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- Опубликовано: 16 окт 2024
- Can these wealth managers guess who's the millionaire out of our lineup of friends and colleagues?
Play along and see if you can get her (or him) right.
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Kaitlyn Leow - / supernovastarrrrr
Maverick Chua - / mavcly
Pang Yee Chong
Winna Leow - / bbymunchkinn
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What's the largest purchase you've made this year?
fishing rods/reels n lures/terminal tackle about 2500 usd i usually do that for the upcoming year every year
A property that cash flows. All about that passive income
62$ calculator for my class 🤙😔
Cai fan with fish
0DTE AMZN calls lol Brrrring
10:45 is the BIGGEST takeaway for anyone viewing this. Stop giving hype to meme stocks and crypto. For every flex post you see, there are 10 fails whose ego won't allow them to post about it. Also, I was hoping for a twist ending but meh, very predictable and easy guesses. The 2 young advisors handled themselves well in front of camera though. The company probably sent 2 fresh faced people because of TSL's audience.
After someone slapped me yesterday for $10. My net worth is $10.
If you choose to participate in the game, your net worth may exponentially increase 😉
Where you get the lobang from??? - Amanda
You just need 100,000 slaps to get to $1m then! 😂
LOL Rainier!!
LOL is that from Jimmy Zhang
I'm very impressed about how they could tell just by a short discussion and pictures with the person!
Honestly ah, do you even need such questions to guess their net worth? Even the difference between net worth is so huge, making it much easier to guess.
I thought that lady was the "millionaire mum" from those ads I'm surprised she's not in the millionaire category.
I like how they said SHEW instead of sew
Would have liked to hear more on Pang's investment strategies :D but thanks for the content!
If you are in your 50s today, $2.5mil networth is pretty average. In fact with SG’s high cost of living, $2.5mil networth at 55yrs old is just enough to live normal and not burden the next gen when you die. Sad but true
Is never having tried HDL and never ordered food delivery before really surprising?
YES 😂
I fall under this category. Why eat outside if you can make it at home?
It's ok if you have never ate HDL before. Their food salty. Bad for your kidneys.
My net worth increased exponentially after winning squid game
endowus is probably the only wealth advisory that doesn't go all out to earn commisions for themselves tbh, love to see it :)
most cars are a liability.
Wasn't surprised at the outcome, but would have liked a twist ending though 😂😂 anyway thanks all, found this rather interesting!
Hey Sew, I oso ❤️ to patronize Shi Li Fang😋, hi-5 🖐️!!
Quick question: TSL has a diverse group of staff from different backgrounds and ethnicities but why is only a specific demographic selected for a topic like finance, that's both universal and important. I don't think this decision was made consciously and perhaps I'm reading too much into it but I'm sure we would like to see more diversity in videos like these 🙂
2.5mil consist of maybe a fully paid up condo that he bought 20 years ago and a car more or less. Maybe his cpf if he hasn’t put them all in the condo. Not much actually.
Does it include CPF because how is it possible to be in 25k bracket since they've worked for at least ~5 years? Maybe it's rounded down for the categorization...
could have liabilities such as tuition loan + not much savings
Am I inferring it wrongly, or did Maddie claim being a video producer is a less stable job?
how does one calculate our net worth? does it include one's own home (not talking about second/third properties here)?
net worth = sum of asset - sum of liabilities. so yes, it includes whatever properties you own (after subtracting off the mortgage owed)
@@ryantan8666 so basically if one just got a new house havent made a payment net worth is possibly 0 cause the total mortgage owed and 25 years of interest is likely more than total assets (or else you'd have pay off using assets)?
@@jjgal92means if you bought a house of $1mil and took out a loan of $600k, then your net worth for this component will be $400k. Asset minus liability. Does not include the interest.
@@jjgal92 you would have made some sort of payment (downpayment) whether it is in the form of cash or CPF. So if you do own a house, your networth will not be $0. However, if you only pay an interest only loan, over the course of maybe 5yrs, your loan is not going to be lowered and hence your networth will not increase as well. Ignore gurus who tells you how much your property would have appreciated and nonsense about capital appreciation profits, because as long as you have not sold the property, all those are just words and paper value, not its true worth
Sew stop spending too much money on bubble tea
she also not spending your money.... Lol
I thought maddie was jes…
same
11:45. 2.5% OA interest is NOT guaranteed. It can be subjected to changes just that the govt has been keeping it the same for years
what's the point of saying this out?
"risk free rate is not risk free, US can actually default or the rfr reference can shift to china in the next decade"
things that are close to certain, you just say it. dont need to complicate.
there's a million other things to mention/warn/pre-empt before you mention that OA interest is significantly likely to change.
was that allistar's poppa? 🤔🤔🤔 did i just overthink?
He is!
who is allistar?
@@animemachinex3 allistar pang i think we works behind the scenes on tsl... and he got a podcast with john from tsl called overthink :)
ruclips.net/channel/UCs-8YnlQyBkoz8pyODckkSQ
@@joshualee-gs9yv thx :)
so where does Maverick stay?!
Cool video! Wished they could guess my net worth since I dress like a beggar... 😂I don't include my primary residence when I calculate my net worth since it's not as easy to liquidate but to each his/own own.
Just take the average prices sold around your primary residence as a ball park figure to calculate your networth. Until you sell it, you will never know what your primary residence is truly worth... haha but those that choose to dress like a beggar but have the means to buy multiple properties in sg, are not simple folks. I dress like ordinary coffee shop folks, unless i go shopping or have date nights with my wife, then i would make the effort to dress up a bit more. :)
Wahh that Danny guy is very handsome! Do y’all know if he’s single?
I think he is taken bro 😆
I think don't mess with his sister hahaha
Need to start finding my networth soon. Where you at :')
older + know about investment, you already knew that guy must be the 2.5m guy alr. dun need picture, dont ask him any qn.
the participants' audio is so terrible. luckily that there's subs, but did the mic malfunction on all the participants?
Okay la I don't think is too bad. Maybe they using boom mic
how are they "wealth advisors" ?
They should show their net worth though
@@temasekb true
ask them, are they financially free too?
$AMC TO THE MOON! HODL!
More interested in the advisors’ net worth😅
Nice vid💙
2.5 million for someone his age and position is actually pretty poor financial sense...
But...that's actually expected from people of his generation. Partly to do with the lack of access, they didn't have the kind of financial instruments like we have today...like Endowus for example...hahahah
true. i would expect him to have at least 10 mil networth due to his position
This video is very triggering for people who practice good financial discipline. The Endowus ppl do give good advice though.
why is it triggering?
@@tulipsandpeaches1834 bad financial decisions but we all knew that watching sew’s antics over the years
@@hermanteo7544 I mean Sew can spend 100/month on hair, that's her right to her money... if she budgets well and makes sure she has enough to invest/save at the end of each month. i'm more surprised when Kaitlyn says she doesn't invest at all. I would think those who are too scared to invest belong to ppl in my parents' era where there wasn't much info they could access, or new young working adults not bothered enough to learn investing or still building their emergency funds. but since COVID last year, there's so many financial channels out there (e.g. overseas we have Graham Stephen, SG we have Kelvin learns investing) and easy entry platforms like roboadvisors, there's no excuse not to start investing
lol
@@tulipsandpeaches1834 Yes the no invest part is really common, but it's not a problem compared to overspending and credit card debt. I dont think 100 on hair is realistic, it should be 400-500 each session from what I see.
at that age with only 2.5m networth in SG.. haiz.......
Basically it’s a paid up condo (2mil plus) and a car (200k) I guess
@@jesseye33 If u include the car, then every year his networth base on those 2 items will drop because the car depreciates haha
Siew
Money is not happiness.
Money is not happiness for some people. But for some people, money can make one happy.
11:27 worst advice ever of CPF OA. Do not invest yr CPF OA. Just keep it in the OA or transfer them to SA if you really want to earn higher returns!!! These 2 folks are people whom I will not trust with my money. lol
Y not
if you are a person with 0% risk tolerance or you are too busy to manage your investment or you just don't bother with financial management; converting your OA to SA is the best decision since the return is guaranteed but SA is only a 4% interest, while in the market there are other investment that "could" return you with higher than the SA's return but with an underlining risk. So the advisors are not wrong to advice you to use your OA to reinvest since you cannot touch your SA at all until retirement.
But if you are happy with the 4%, that is perfectly fine too. Investing is not for everyone but everyone should do their due diligence to manage their own money for retirement
CPF 2.5% - 4% is consider "higher returns". LMAO!
This is actually a terrible video.
Bloody pretentious video.