How $100,000 could set up your family for life! 🎥

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  • Опубликовано: 24 дек 2024

Комментарии •

  • @Prod_TKJ808
    @Prod_TKJ808 2 месяца назад +9

    that’s with apr ANNUAL percentage rate, that’s a once a year payment

    • @mattythechefdc
      @mattythechefdc  2 месяца назад

      Sort of. I have a high yield account with Cap One and the percentage is monthly.

    • @Prod_TKJ808
      @Prod_TKJ808 2 месяца назад

      @@mattythechefdc and what is that percentage

    • @mattythechefdc
      @mattythechefdc  2 месяца назад

      About %4-%5. I'd have to look at it to see what the rate is.

    • @Cash4gold84
      @Cash4gold84 2 месяца назад +2

      @@mattythechefdcthe APR would be 48% then

    • @lonziangmeloball1204
      @lonziangmeloball1204 2 месяца назад +1

      Lmfao bruh that’s a yearly rate, you get paid interest monthly but it’s 1/12th of the 5%

  • @rvernet2016
    @rvernet2016 2 месяца назад

    What vehicle is that? I'd love to know.

  • @Dsul87-z1e
    @Dsul87-z1e 2 месяца назад +1

    Where do I have to put my money to get 4% a month? I got 50k rn for it

  • @WealthTracker
    @WealthTracker 2 месяца назад +3

    Bro talkin bout 4% PER MONTH on a financial vehicle. When you find one fund that pays that for real, I BEG you PM me so I can verify how legit it is... If you get $100K invested @ 4% return, regardless if they pay monthly dividends, you're talking $4,000/12=$333/mo.
    The best somebody gon make off $100K a year is about $15,000 if invested in a powerful REIT. Now, you put your momma on a $1,800/mo payroll, at least pay most of not all her rent.
    Y'all need to educate yourselves, & talk with ACTUAL FACTS when putting out them numbers. He didn't mention what funds he used to get no damn 4% monthly returns, nor did he mention the actual amount of money he invested & the monthly returns. He just gave a hypothetical example, & the math was far from mathin.

  • @WealthTracker
    @WealthTracker 2 месяца назад

    All the numbers being off & all, his CONCEPT of not just using the advance itself to waste on the mother's payroll, but instead investing the money into a VEHICLE that will pay monthly dividends to the mother, that's absolute facts.

  • @CorieCornelius
    @CorieCornelius 2 месяца назад

    What back is this? I'll switch tomorrow... HYS accounts are yearly not monthly.

  • @Leester-70
    @Leester-70 2 месяца назад +9

    Specifically what pays 4% a month? The actual name of the financial institution giving this please.

    • @johnstone9670
      @johnstone9670 2 месяца назад +1

      Nothing pays 4% a month

    • @perrykaguni734
      @perrykaguni734 2 месяца назад +1

      Lol if it existed you wouldn't want to touch it with a ten foot pole

    • @lonziangmeloball1204
      @lonziangmeloball1204 2 месяца назад +1

      This fool thinks apr is a monthly rate 😂

  • @bigbadwolf2075
    @bigbadwolf2075 2 месяца назад

    Ain’t a mf ALIVE earning 4% a month off 100k alone 😂😂😂

  • @vukasinmancic1806
    @vukasinmancic1806 2 месяца назад

    4% a month is 48% a year. No legal investment is expected to average 50% a year.

  • @seanwalker9821
    @seanwalker9821 2 месяца назад +1

    Nowhere on this earth can you invest 100k
    And get a yearly return of 48k just casually it just doesn’t exist - Thai is a post for the broke people likely to fall for scams he is surly selling 😂😂😂

  • @PF_Goat
    @PF_Goat 2 месяца назад +7

    the math ain't mathin'. little over $300 per month on a 100k 4% APY. Put it in an S&P index fund and get about 8-12% interest per year. Hit a million in index fund and now momma might be able to get around 4k a month

    • @mattythechefdc
      @mattythechefdc  2 месяца назад +2

      Look up high yield accounts, they pay every month. I don't have $100k in the account personally but what I do have does accumulate in the high yield account per month.

    • @PF_Goat
      @PF_Goat 2 месяца назад +2

      @@mattythechefdc I have close to that with an 4.1% APY and I get some where around $290-$300 per month.

  • @andywong651
    @andywong651 2 месяца назад +2

    4% a month isnt alot? Whats he smoking

    • @mattythechefdc
      @mattythechefdc  2 месяца назад +1

      Here's the math: 4% of 100k is $4000. That is someone's modest bills. If this is paid every month, it's $48k every year before taxes but you don't have to work for. 🤦🏽‍♂️

    • @GordieGii
      @GordieGii 2 месяца назад +1

      @@mattythechefdc The point is 4% per MONTH is insanely high interest. The only people making that kind of interest on their investments are in congress.

  • @vidorianpb
    @vidorianpb 2 месяца назад +1

    Yea. He should probably finish school. Read a math book

    • @mattythechefdc
      @mattythechefdc  2 месяца назад

      What's 4% of $100k to you?

    • @vidorianpb
      @vidorianpb 2 месяца назад

      @@mattythechefdc it is 4000. In his response he said or implied monthly.

    • @lonziangmeloball1204
      @lonziangmeloball1204 Месяц назад

      @@mattythechefdcit’s 4,000$ per YEAR

  • @jcmorton899
    @jcmorton899 2 месяца назад

    He is looking at a vehicle more like 45% APY... 😂😂 that doest exist unless its a super super risky asset class. Dont take financial advice from youtube shorts 😂

  • @williamrichardson1711
    @williamrichardson1711 2 месяца назад +6

    Dude math is way wrong 🤣🤣🤣

    • @mattythechefdc
      @mattythechefdc  2 месяца назад

      Lol. Wait, my math or Ryan Leslie's math? What is the correction?

    • @williamrichardson1711
      @williamrichardson1711 2 месяца назад

      @@mattythechefdc Ryan’s was Waaaay Off🤣🤣🤣

  • @matthewmolina3326
    @matthewmolina3326 2 месяца назад

    Full of 💩

  • @manonfire804
    @manonfire804 2 месяца назад +1

    You can tell by how dark he is that this is all bs.