This is why I still sub this channel. I feel like I get more insight from this channel than actual financial channels. I've never bought a single pack of magic cards in my life, and probably never will lol.
The amount of great financial advice and perspective in this video is amazing. Love these types of discussions where you sit and share your experience in the financial sector. Thanks Rudy!
I have a degree in Finance as well and he’s on point on opportunity cost and risk management. He explains it in term of collectible market. Not worth it to buy 4 packs of 30th anniversary when you can use that money to buy lower cost sets to flip or invest in long term. Plus, it’s much easier to liquidate cheap sets than expensive ones (i.e. holding 5x $20 bills vs 1x $100 bill and try to spend it at McDonald’s).
@@ClearanceCollector I enjoy the videos too, though more for the topic of insider stories. I feel like I've learned enough of the basics that I don't really benefit from the whiteboards as much these days (still not profitable lol). Risk management and trade psychology are absolutely key. And it's like he says, you have to minimize expenses, kill your debts, and have a stable footing before you can take advantage of investing.
God damn I love based Rudy. Thank you for talking to us about finances the way you do. For people like me who are trying to learn how to stop being broke I really appreciate you cutting the fat and explaining this shit in a way that's easy to understand. Thank you Rudy.
i mute the video and laugh the guy speaking the whole time thinks that i am listening when in reality i dont hear him and i just laugh about him being stupid i prank him every time
Zero debt is smart, and impressive. I have a mortgage, and a small student loan (that may or may not go away), and that's it. It's the way to go and worth striving for. Great advice Rudy.
This was a perfect fundamental video for me; not dense but clear and perfectly concise, like a primer or a weekly recap. This is full of value on every topic that you touched upon. Even to the AoT mention.
Easily the best financial video Rudy has made. I feel like he is covering material from various financial and motivational seminars, as well as offering more of himself and his views than he ever has. Thank you Rudy for the excellent content over the years.
I don't understand how anyone can hate your channel , I've been around for awhile now , and its just amazing I watch every single second of it and thank you. Yes I'm a timmy and trying to reverse my ways 1 taco at a time but at least I'm trying and wish I had found it sooner.
The best utterance of wisdom in the whole video, "the market can stay irrational longer than you can stay solvent "... this is why i still watch your videos after 8 years and quitting my hobby of playing magic months ago .
Theses are the reasons why I love your channel so much, I came in for magic, and stayed for real state investment analisys videos. Bless you taco lord.
I got back into MTG after a few years because your videos popped back up into my feed via algorithms. Videos like this though, the real feels mixed with solid financial info and advice, I crave videos like this because I feel like I can learn a hell of a lot more from you than half the resources out there. Thank you, Rudy.
I sometimes wonder if Rudy plays with matches somewhere inside this warehouse of stuff. Just...striking them, letting them light, and dropping them onto the floor, and watching them go out, and calling them WEAK.
Hey, Rudy. Thanks for looking out for the little guys like me who stupidly nickle and dime their way through life, and try to give good advice. The recent Hasbro insanity has made me re-evaluate my relationship with money, and how I misuse that utility. I don't agree with some of your views on things like Magic, but seeing your videos and getting insight to your perspective is invaluable and makes my day. Thank you.
I actually gained a lot more respect for you, even though that bottle was already filled when you took back the R word. You really are a class act, even if you say something out of frustration or fall back on old ways, or you end up being wrong. You own up. Thanks for always being real.
As a fellow resident of Northeast Florida, it's batshit crazy what happened in the real estate market over here. My neighbor couldn't sell his house at $300k at the end of 2020, the same house in the beginning of 2022 sold for $550k with multiple bidders. All these people bought in to this completely overinflated market are going to feel it in their tendies really hard.
So your neighbour sold his house for quarter million over his asking price but it took two years? Sounds like a great deal to me making 125k per year on my initial asking price. Assuming he held out for those 24 months and he’s the one who made the profit.
Up in Canada its the same. We pay 2400 RENT for a 4 bedroom house in the city. And were renting off of family....how sad is that lol the housing market has to blow
When housing and food and building materials all go up 50-100%, that's not coming back down. People can keep trusting the substitute goods neo-calculation for cpi, I'll keep saying taxes and money printing are theft.
Imagine investing in Willy Wonka watching the stock go through the roof because of the golden ticket hysteria and then losing everything because he gave ownership of his company to a child. Just imagine it.
Hey, the Hasbro cardboard machine go BRRRRR then all of a sudden you go to sell a previously $150 card and its now $75 and a little timmy can only sell at 30% market value because LGS’s got robbed by the cardboard fairy and Amazon, The Village Shaman. P.S. what you talked about at 23:30 was incredibly insightful, thank you for giving such great advice.
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Ford
Good talk Rudy. Some of that hit home pretty hard. Im not over leveraged or anything. The respect for money part hit home. Thanks dude. Happy Holidays!
Rudy, really appreciate the video and the talk. Very insightful and keep on doing what you do best and sending you good vibes and wishing always the best for you pal! Thanks for the honesty!
That shit was as artificially inflated as a fictional beach ball. 20-22 needs to become a marketplace case study, or at least have a documentary made. The 2021 collectibles success explosion was so heavy, its overflow poured into the allowing for the 2022 schilling
Hey Rudy I own two video game stores in Maryland, I wanna say thank you for making this video, i definitely will be changing a few things about the way we do business
Rudy you still here and working because it is too fun,admit it,the memes the stuck stepsisters and the world as a while is just too fun (the cardboard world mot the all world) and I want you around for ever! I want to learn and be happy and listen to you
Thankyou so much Rudy for this video on money - it was just the video i needed to watch! I think your dream on being a trillonaire may come true - pure genius this video was.
Very few things on the internet are worth your time watching, yet I encourage everyone young or old, to watch this channel and learn the investor mindset.
Great video Rudy. I’m a decade older than you and all you said makes sense, I agree100% even if reality here in Canada is slightly different but not so much. Like Buffet said, its when the tide is retreating that you see who was swimming naked. Money has finally gained value and patience will ALWAYS profit the people who have a backbone (and a brain) solid enough to hold on to the fundamentals. Keep up the good work Rudy, you make me smile and laugh with your videos up to here in Quebec Canada.
There are the episodes I love.. not necessarily magic or always magic.. I get it your a magic guy but I'm just saying.. I don't even do magic but love your channel... lots more to offer than that.. and thanks for l putting it out there rudy!!!!!
I took a leaf out of your book (although am not doing it based just on something you've said, it's something I was already doing, you just remind me every once in a while to be pacient), and every time Crypto gets cheaper, I just buy more of it to lower my cost basis with money that's specifically laying in wait to buy up cheap crypto the second it drops in price below my last buying price, if it doesn't, the money I've already put in since just after the last lowest point (in the last 2 years) will only go up. I waited out the highs specifically to buy in a crash like this, As I sold the other side of the peak and did something else with my money, then when I had some cash spare again to buy in, I could see the market was still going a bit crazy, and it was a bad time to buy, then it all came tumbling down, and I was ready and it was just "BUY BUY BUY" as every one else was screaming "SELL SELL SELL" and I roughly called the bottom and dumped a ton of cash into it, and it's not gone below that low since a few months... but it doesn't matter if it goes lower, I'll just buy more for cheaper and lower my cost price even further lol. ;)
Rudy this was an excellent video. I appreciate your thoughts on the current economic climate and money. I think you might make a pretty great talk show on just economics and money.
So grateful for my family's mfg home/duplex being passed down... Where would you invest 0% short-term (6-14 mo) money??? I love physical BUT NOT Real Estate yet... NOT equities, Hopper dba Power Collectors
This is why I still sub this channel. I feel like I get more insight from this channel than actual financial channels. I've never bought a single pack of magic cards in my life, and probably never will lol.
i havnt played since 2015 or so and i love this mans videos lol
I’ve never bought magic cards either but I might to expand my portfolio 💼
Best kind of video. This is why I'm still subbed to this channel 5 years after quitting MTG..
absolutely the same
Same. More recent quit, for me.
I always return for this kind of optimism!
Diamond hands with balls of steel!!
The amount of great financial advice and perspective in this video is amazing. Love these types of discussions where you sit and share your experience in the financial sector. Thanks Rudy!
⛵ MTG IS STILL HITTING IT OUT OF THE PARK THIS YEAR ⛵ RUDY'S ALWAYS RIGHT ⛵
Watching you makes me feel like I have somebody out there who cares about me and people like me. And that's rare. Thanks, Rudy.
he has no idea you exist.. and he makes these videos to make money... grow up mate.
ur ex's boyfriend cares about you..
He doesn't, but I guess it's overall positive that you feel like he does
man the magic community sure seems so kind and loving lmao. ignore these rejects . gl fam ♥
@@TheKaijudist I think he cares about people. I'm not foolish enough to think he cares about me as an individual, but I like his "we the people" vibe.
I don't have a financial degree, so I watch EVERY MINUTE of your financial talks! Thanks!
I do have one and I can tell you they dont mean much 😅🤣
I have a degree in Finance as well and he’s on point on opportunity cost and risk management. He explains it in term of collectible market. Not worth it to buy 4 packs of 30th anniversary when you can use that money to buy lower cost sets to flip or invest in long term. Plus, it’s much easier to liquidate cheap sets than expensive ones (i.e. holding 5x $20 bills vs 1x $100 bill and try to spend it at McDonald’s).
@@ClearanceCollector I enjoy the videos too, though more for the topic of insider stories. I feel like I've learned enough of the basics that I don't really benefit from the whiteboards as much these days (still not profitable lol). Risk management and trade psychology are absolutely key. And it's like he says, you have to minimize expenses, kill your debts, and have a stable footing before you can take advantage of investing.
⛵ MTG IS STILL HITTING IT OUT OF THE PARK THIS YEAR ⛵ RUDY'S ALWAYS RIGHT ⛵
Every day of Rudy's rage in this era of insanity is better than Christmas 🎄
Rudy's rage is better than me ever getting heads you win tails I lose
@@traviswaldrop3793 We're still getting those? I though Hasbro was just hoping we'd forget!!!
@briangittens5029 idk idc I'd rather watch Rudy rage than play commander
It does fucking rule
@@traviswaldrop3793 mine is supposedly showing up tomorrow! Insane delay for sure!
It’s total immersion into the Rudyverse these days 🙌
God damn I love based Rudy. Thank you for talking to us about finances the way you do. For people like me who are trying to learn how to stop being broke I really appreciate you cutting the fat and explaining this shit in a way that's easy to understand. Thank you Rudy.
he also lends his fatty girlfriend and mom to truck drivers on the highway, they will do anything for a RL card :)))))
Love these videos Rudy. Time is indeed our most precious resource
LOVE THESE LONG FORM DISCUSSIONS! I learn so much, it is awesome perspective
i mute the video and laugh the guy speaking the whole time thinks that i am listening when in reality i dont hear him and i just laugh about him being stupid i prank him every time
Zero debt is smart, and impressive. I have a mortgage, and a small student loan (that may or may not go away), and that's it. It's the way to go and worth striving for. Great advice Rudy.
My cat was startled at the "FOOOOOOLLLLKKKKSSS" intro 😂
This was a perfect fundamental video for me; not dense but clear and perfectly concise, like a primer or a weekly recap. This is full of value on every topic that you touched upon. Even to the AoT mention.
Love the mature financial advice you give, it's the reason I chime in every damn time. Hope to get the chance to talk sometime.
If you watch Rudy videos under a black light, the truth comes out.
Quit smoking the Dobies 😅
I'm telling you don't stop, but I agree; bongs (maybe dabs, 2022 baby)
Oh god.... How stained are the pallets, dont tell me i dont wanna know
But those stains? They never come out.
@@professormancaptain4210 im confused
Rudy, its crazy how real you get in these videos. Thank you so much for giving us all such great advice, and sharing your mind with us.
What I love about you Rudy is that you have a deep understand of how money works and thats why I recommend your channel to all my friends.
Easily the best financial video Rudy has made. I feel like he is covering material from various financial and motivational seminars, as well as offering more of himself and his views than he ever has. Thank you Rudy for the excellent content over the years.
I don't understand how anyone can hate your channel , I've been around for awhile now , and its just amazing I watch every single second of it and thank you. Yes I'm a timmy and trying to reverse my ways 1 taco at a time but at least I'm trying and wish I had found it sooner.
You can always count on Papa Rudy to be the voice of reason in times of financial turmoil
"It hasnt got any jambags!"
Rudy holding his heavy bags.......
Thank You, Rudy.
if your 1% really success, you will help a lot of LGS to survive this storm.
38mnt well spent.
Thank you.
Idk how to describe it, but it is wild to watch this in Nov 2023
The best utterance of wisdom in the whole video, "the market can stay irrational longer than you can stay solvent "... this is why i still watch your videos after 8 years and quitting my hobby of playing magic months ago .
Theses are the reasons why I love your channel so much, I came in for magic, and stayed for real state investment analisys videos. Bless you taco lord.
Shits getting real, got some product in the hair and even broke out the pokemon bathroom comb.
I got back into MTG after a few years because your videos popped back up into my feed via algorithms. Videos like this though, the real feels mixed with solid financial info and advice, I crave videos like this because I feel like I can learn a hell of a lot more from you than half the resources out there. Thank you, Rudy.
I sometimes wonder if Rudy plays with matches somewhere inside this warehouse of stuff.
Just...striking them, letting them light, and dropping them onto the floor, and watching them go out, and calling them WEAK.
Hey, Rudy. Thanks for looking out for the little guys like me who stupidly nickle and dime their way through life, and try to give good advice. The recent Hasbro insanity has made me re-evaluate my relationship with money, and how I misuse that utility.
I don't agree with some of your views on things like Magic, but seeing your videos and getting insight to your perspective is invaluable and makes my day.
Thank you.
Money is a UTILITY.
We just got taught people.
Thank you Rudy.
Finance 101 from the great Rudy
This is a really important video. Dudes putting us on game for free
I actually gained a lot more respect for you, even though that bottle was already filled when you took back the R word. You really are a class act, even if you say something out of frustration or fall back on old ways, or you end up being wrong. You own up.
Thanks for always being real.
Wait what happened with the R word? I’m new here.
He said it towards the end of the video, then apologized and took it back. Rudy's a class act
There is nothing wrong with calling something retarded
What the fuck is the problem with saying retard? Yet another word you "can't" say? When will people grow up and realize its not about the words?
What is the "r" word? Lmao
Rudy is such a good dude. I really appreciate his insights. Feels like I’m listening to an older brother or uncle telling it like it is.
Finally, Rudy takes a firm stance against Black Lives Matter.
I always learn something from Rudy, thanks again kind sir.
As a fellow resident of Northeast Florida, it's batshit crazy what happened in the real estate market over here. My neighbor couldn't sell his house at $300k at the end of 2020, the same house in the beginning of 2022 sold for $550k with multiple bidders. All these people bought in to this completely overinflated market are going to feel it in their tendies really hard.
That’s absolute BS 😕 especially for your former neighbor
So your neighbour sold his house for quarter million over his asking price but it took two years? Sounds like a great deal to me making 125k per year on my initial asking price. Assuming he held out for those 24 months and he’s the one who made the profit.
Up in Canada its the same. We pay 2400 RENT for a 4 bedroom house in the city. And were renting off of family....how sad is that lol the housing market has to blow
When housing and food and building materials all go up 50-100%, that's not coming back down. People can keep trusting the substitute goods neo-calculation for cpi, I'll keep saying taxes and money printing are theft.
I got in right before the market started going up. Feels good man.
24:30 is the funniest back woods analogue I ever heard 😂😂😂
Rudy has taught me more about money than my parents or school ever did.
⛵ MTG IS STILL HITTING IT OUT OF THE PARK THIS YEAR ⛵ RUDY'S ALWAYS RIGHT ⛵
Mark Hotdog Water really blew it this time, Rudy is on the warpath and simply cannot be stopped, Rudy v. Timmy: Too Angry to Die
Ty for sticking around Rudy!
Imagine investing in Willy Wonka watching the stock go through the roof because of the golden ticket hysteria and then losing everything because he gave ownership of his company to a child.
Just imagine it.
YOU GET NOTHING !!
Lol 😂
Hey, the Hasbro cardboard machine go BRRRRR then all of a sudden you go to sell a previously $150 card and its now $75 and a little timmy can only sell at 30% market value because LGS’s got robbed by the cardboard fairy and Amazon, The Village Shaman. P.S. what you talked about at 23:30 was incredibly insightful, thank you for giving such great advice.
Much love to you Rudy of the 4th basement, this kind of videos are what does justice to the ones who stay the course!
I've never cared about money until I was an adult and mismanaged it. I wish I had listened to people like you when I was younger.
Ofc😊
1 yr later! 🎉
Facts my man!
A good way of framing it: when you don't have to work to live anymore, it becomes meaningful and about purpose.
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Ford
You are affecting change Rudy. Your 1% gamble has payed off already. Keep it up sir. Happy Thanksgiving.
Good talk Rudy. Some of that hit home pretty hard. Im not over leveraged or anything. The respect for money part hit home. Thanks dude. Happy Holidays!
Good tie in between future value of money and your concerns of MTG30. well done!
Best video I've seen in a while. Thanks for the long term optimism.
Rudy, really appreciate the video and the talk. Very insightful and keep on doing what you do best and sending you good vibes and wishing always the best for you pal! Thanks for the honesty!
That shit was as artificially inflated as a fictional beach ball.
20-22 needs to become a marketplace case study, or at least have a documentary made. The 2021 collectibles success explosion was so heavy, its overflow poured into the allowing for the 2022 schilling
These are my favorite kind of videos. Thank you, Rudy.
Great video Rudy, thank you!
At 00:45 there’s some smoke next to Rudy screen right. Mans steaming.
Ah, yes. Just in time for my morning coffee☕️
I appreciate these kind of honest, heartfelt videos.
😂 2 seconds in and I thought he yelled F**k
Hey Rudy I own two video game stores in Maryland, I wanna say thank you for making this video, i definitely will be changing a few things about the way we do business
Rudy you still here and working because it is too fun,admit it,the memes the stuck stepsisters and the world as a while is just too fun (the cardboard world mot the all world) and I want you around for ever! I want to learn and be happy and listen to you
Thankyou so much Rudy for this video on money - it was just the video i needed to watch! I think your dream on being a trillonaire may come true - pure genius this video was.
Very few things on the internet are worth your time watching, yet I encourage everyone young or old, to watch this channel and learn the investor mindset.
I've always said "Collect what you love, because you may be stuck with it for a very long time".
Love your videos Rudy, these honest down to earth financial lessons are priceless
You said it perfectly, people who tell you it's not for the money are full it 😂
Came to hear Rudy talk about Cox. Stayed for the solid advice.
@ 20:33 thanks for clearing that up, I was wondering that cause you seemed to use pretty specific language regarding it. Good to know
4:00 Even if all that outside noise didn't happen. The markets were still due for a correction, what goes up must come down kinda thing.
Don't leave us Rudy, We love you Bro...
Great video Rudy. I’m a decade older than you and all you said makes sense, I agree100% even if reality here in Canada is slightly different but not so much. Like Buffet said, its when the tide is retreating that you see who was swimming naked. Money has finally gained value and patience will ALWAYS profit the people who have a backbone (and a brain) solid enough to hold on to the fundamentals. Keep up the good work Rudy, you make me smile and laugh with your videos up to here in Quebec Canada.
I don’t even like magic or cards I subscribed for this and I’m never disappointed
There are the episodes I love.. not necessarily magic or always magic.. I get it your a magic guy but I'm just saying.. I don't even do magic but love your channel... lots more to offer than that.. and thanks for l putting it out there rudy!!!!!
Love your videos! Hope you enjoy the holidays
Have a beautiful day, love it.
i lov see this background
Really informative video. Time is the most precious resource.
A1 video Rudy, I’ve never bought a magic card in my life but I sub to you for these gems cause no one else ever taught me this stuff. Thanks man
I can only give one thumbs up...
You broke my phones speakers while I'm next to my family with that intro 😫😫
With each video the insanity ratchets up. I love it.
this was a really sold video rudy, thank you
34:11 Don't apologize. The "R-word" is the most appropriate adjective in this context. You're not offending anyone by using it.
Never stop Rudying, Rudy
I took a leaf out of your book (although am not doing it based just on something you've said, it's something I was already doing, you just remind me every once in a while to be pacient), and every time Crypto gets cheaper, I just buy more of it to lower my cost basis with money that's specifically laying in wait to buy up cheap crypto the second it drops in price below my last buying price, if it doesn't, the money I've already put in since just after the last lowest point (in the last 2 years) will only go up.
I waited out the highs specifically to buy in a crash like this, As I sold the other side of the peak and did something else with my money, then when I had some cash spare again to buy in, I could see the market was still going a bit crazy, and it was a bad time to buy, then it all came tumbling down, and I was ready and it was just "BUY BUY BUY" as every one else was screaming "SELL SELL SELL" and I roughly called the bottom and dumped a ton of cash into it, and it's not gone below that low since a few months... but it doesn't matter if it goes lower, I'll just buy more for cheaper and lower my cost price even further lol. ;)
Rudy this was an excellent video. I appreciate your thoughts on the current economic climate and money. I think you might make a pretty great talk show on just economics and money.
Rudy marathon of madness will never end!
This is Rudy's best timeline
Love this kind of videos Rudy ❤
Thank you for the life advice eudy
I love your music videos. They are great
Lol I forgot to plug in the headphones and had Rudy scream "FOOOOOOOOOOOOLKS" through the whole workplace.
27:10 Collectibles and Crypto
I work for a Credit Union we are offering 4-6% CDs right now also.
Great wisdom from Rudy
Shakespeare wrote "A Rose by any other name would smell as sweet"
At least until you add water?
So grateful for my family's mfg home/duplex being passed down...
Where would you invest 0% short-term (6-14 mo) money???
I love physical BUT NOT Real Estate yet...
NOT equities, Hopper dba Power Collectors
Really solid, great work, 👍