Agree to Disagree | Andrei Jikh

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About this episode:
In this episode, join me and RU-vid financial star Andrei Jikh as we bring back the "Agree to Disagree" segment, sharing our honest takes on the latest headlines in housing, crypto and more.
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1 окт 2024

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Комментарии : 359

@bernadofelix Месяц назад

I used to work as an investment advisor. The advice presented in the video is excellent and holds true for the average American. While it's a fact that money can't directly buy genuine happiness, it does provide the means to access experiences that can lead to happiness. However, for individuals with a substantial portfolio, say around $5 million, if you observe closely, you'll find that most people in their 70s are still quite active (I live in LA), but by the time they reach 80, their activity levels tend to decline. So, it's essential to enjoy life at some point before it's too late. That enjoyable vacation might well be the experience that brings comfort in your later years. It's important to distinguish between spending money wisely and squandering it. Be prudent in your value-conscious spending.

@HectorWhitney Месяц назад

Experienced the same thing. The financial counselor we met with last year told us, "Guys, you've already made it," even though my spouse has retired. Stop delaying enjoyable activities in life.

@PaulKatrina. Месяц назад

I completely agree. I'm 54 years old and recently retired with roughly $1.8m in outside retirement funds, no debt, and very little money in retirement funds relative to the total value of my portfolio over the past 3 years. To be honest, the Fin-advisor's role can only be downplayed, not dismissed. Simply try to identify a reliable one. Spending money on possibilities and things that might not exist much sooner than we realize is completely different from wasting it. As you said, being value-conscious is essential.

@ScottKindle-bk3hx Месяц назад

Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement

@PaulKatrina. Месяц назад

Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@TonyRiley-qb7sw 3 месяца назад

I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.

@zoebakker5211 3 месяца назад

Microstrategy CEO bought $155million worth of bitcoin, so yes BUY!

@karenwilliams9653 3 месяца назад

It’s going to be a wild year for these sectors, so you should def. invest in crypto. 60% of my portfolio is spread across tech stocks, crypto and Crypto/Gold ETFs.

@Donalddavies-gc9rb 3 месяца назад

well the crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.

@SamanthaSanchez-sj5el 3 месяца назад

Yes, my asset manager advised I spread further into mutual funds and crypto Etf and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyse the market.

@TonyRiley-qb7sw 3 месяца назад

could you recommend some good advisers? don’t get me wrong, I already have an asset manager, but he seems not to know much about crypto.

@humphrey 4 месяца назад

two legends on the show! well done George and Andrei

@JudeDude409 4 месяца назад

And another legend in the comment section 👀

@kamoroso94 3 месяца назад

Gonna have to watch your episode after this one!

@punkbassandcovers 4 месяца назад

I love how the Ramsey team is Gettin' Jikhy Wit' It. Had to.

@jonkuderer 4 месяца назад

I regularly quote "Real Gs move in silence like Lasagna". Here's your upvote.

@jencomito8957 3 месяца назад

My in-laws had separate finances and it was such a mess. They had 8 accounts we had to manage when they no longer could, and they were always fighting over who needed to pay what expense. When you're united on your finances and view it as "the family's money," it's so much better for the relationship.

@debbielockhart7762 2 месяца назад

That isn't the norm. Most couples I know have a joint account, then each have their own account. Works out great.

@gibblespascack1418 4 месяца назад

For me, the ability to retire at 60, started with saving 19% of my income, in 401K, starting at 25, with an income of 28,300, and stopping 23.5 years later, then sitting on the fund for the last 14 years. That plan has generated $2.3 Mil and I am now 59.5. At this time, my house budget is $60K/yr. So, it is possible to retire at 60 starting with a smaller income, if you start early.

@BrianNC81 4 месяца назад

I wish I did a higher contribution rate to start. Sitting on just over 900k betweeen my wife and I. I'm in my early\mid 40's and hoping to retire between 55-60 which gives us another 12-16 years to keep stacking. My wife is 7 years older so we can start pulling off of her 401k first without penalties. Currently we are both maxing out those 401k's and Roth IRA's on the years we can contribute.

@gibblespascack1418 4 месяца назад

@@BrianNC81 For my daughter now 23, i wanted to start hers early, so when she got paid from being a camp counselor at 17, I matched her earnings and we put that in the equivalent of her earning in her own IRA. I told her that that first money will double 6.8 times by the time she retires. I have continued that process with her work during college, as well as contributing 10K for each year of college to her brokerage account. I want her to follow Charlie Munger's advice of getting to 100K as soon as possible, that way it has time to grow. She starts her "Real Post college" job in the fall and want her to plan to put away 15% plus company match from the start so that she learns to live on 85% of her salary and get the 5-6 doubles before retirement.

@wellmansrants4282 4 месяца назад

omg you put that much in a401k those are total scam you would have been better off with gold unless you got a crystal ball to time your cash out at 65 with 100% accurate news on whats going on in the world

@rickyaz8640 4 месяца назад

If you’re that disciplined you’ll have no problems. Alas, you’re a rare bird

@h.s.levine2932 4 месяца назад

You’re doing quite well for a guy who’s mathematically challenged! 25+23.5+14=62.5

@Verifygiveaway-vs9ek 4 месяца назад

I'm favoured, $22K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.*

@ArmaniKholer 4 месяца назад

Investing $15,000 and received $174,000

@WilliamsLeeHogan-qc7yj 4 месяца назад

Same, I met Mrs Anna Davis last year for the first time at a conference in Manchester, after then my family changed for good. God bless Mrs Anna

@YoungPaddy-ov8rr 4 месяца назад

She is really a good investment advisor. I was privileged to attend some of her seminars. That is how I started my crypto journey

@VihaanRanhchi 4 месяца назад

I have heard about her excellent trading expertise in CNBC news, guess she's more popular in United Kingdom.

@EdwinJoseph-xq9yp 4 месяца назад

Yeah, 253k from Harrick maureen, looking up to acquire a new House, blessings.

@nathanthetogaman 4 месяца назад

I thought the thumbnail was two pictures of George

@crystalh1402 4 месяца назад

😂😂😂

@WhatShallEyeDo4U 4 месяца назад

Get Ramit Sethi on your show... He'd probably decline, but... No harm in trying.

@JudeDude409 4 месяца назад

I agree 😅

@TheyRiseBand 3 месяца назад

Mortgage is fixed, but property taxes are not, as many are discovering. Gotta pay your rent to the government, afterall.

@martyhen 3 месяца назад

They are in good and low income states like California :)

@debbielockhart7762 2 месяца назад

Here in Canada, no such thing as set and forget mortgages. Most we get is 5 years. And our houses are insanely expensive. Makes way more sense to rent here IMO, unless real estate prices fall off a cliff.

@LuKiSCraft 3 месяца назад

I don't even use a checking or savings account, lol. I just keep all my cash in a Cash Management account with Fidelity which acts like a checking account but pays me 3% APY. I have an ATM card for it, and they reimburse all ATM fees. Only thing I can't do is write a check ... but does anyone do that nowadays? Last time I had to write a check was in 2018. BTW, you have some excellent video production George. Very entertaining. Keep it up.

@eli-bt4he 4 месяца назад

What makes sense to me for married couples is to have one account that the paychecks are deposited into and that the bills are paid out of. And then each spouse's spending money is transferred to their own accounts. That way it is easier to keep track of how much is available and there aren't too many hands in one cookie jar. Everything coming out of one account is a recipe for disaster. Honestly, it's even a good idea for a single person to have separate accounts for bills and spending money.

@eddiemalvin 3 месяца назад

Separate accounts for separate purposes (bills, savings, discretionary spending)? Absolutely! Separate discretionary spending accounts for each partner? If it works for you, why not? We simply haven't encountered the need to do that.

@debbielockhart7762 2 месяца назад

I would never, ever not have my own account. I've combined finances in a joint account before, but we each both kept out own accounts too.

@daniellelafrance4593 4 месяца назад

George has to answer questions how Dave wants him to tho

@luisinhocasper6862 3 месяца назад

It’s called “Job Security “

@eclipsed4utoo 4 месяца назад

Just for clarification, "millennials" are born between 1981 and 1996. As of 2024, that's people aged 28-43, not "20 to 40" like George says. Early 20's is Gen-Z.

@Doracox22 4 месяца назад

Great Video George. If my husband and i never invest another dollar, we will have 1.2million at retirement. This is why people say to do everything in your power (Legally and morally) to get $100k+ invested in your 20s.

@andrewz4313 4 месяца назад

This was really good and fun to watch. Thanks George for bringing the personal finance RU-vid community together on your show

@Lilyzoe28 4 месяца назад

I love the grounded reality of this channel!!! Retirement took a toll on my finance, but my involvement in digital marketing really changed the game for me, earning $17K weekly has been really helpful as I have been able to clear my mortgage 7 months ago and I give back 20% of my weekly interest back to Charity.

@Lilyzoe28 4 месяца назад

God did honestly and thanks to Renee Marie Harrison

@Lilyzoe28 4 месяца назад

She’s a licensed broker here in the states 🇺🇸

@Lilyzoe28 4 месяца назад

Her top notch guidance and expertise on digital market changed the game for me

@Lilyzoe28 4 месяца назад

There’s her line below 👇

@Lilyzoe28 4 месяца назад

+1618

@jwarnstarsmile 4 месяца назад

Yay Whitney!! Good on your George for supporting your family. 🎉

@TheSJVF 3 месяца назад

I love the confidence of having open conversations from different people with different approaches to Ife.

@emoney1231 4 месяца назад

2:46 20 year olds are not millenials... Like far from it... I'm 27 and I'm Gen Z.

@Santiago-in1xf 4 месяца назад

You are def a Gen Z at 27 but prolly with some Millennial influences because you are elder Z / Zennial.

@maureenviola 4 месяца назад

Seemed way off to me too

@pete5691 4 месяца назад

I don’t know enough about bitcoin to ever buy it. Good luck to those who do. I think I’ll be ok without it.

@bisiriyutajudeen5728 3 месяца назад

No you won’t. This is like saying you will be fine without using the internet.

@pete5691 3 месяца назад

@@bisiriyutajudeen5728 Few share your belief.

@eddiemalvin 3 месяца назад

@@bisiriyutajudeen5728 LOL... Bitcoin is NOT the Internet. Cryptocurrencies are one type of "asset class" and Bitcoin is one type of Crypto. Gold is a better analogy. You can buy gold (Bitcoin), Silver (Ethereum) or you can thrive just fine without owning any precious metals (Cryptos). While it's important that you spread your wealth across many assets classes, you don't need to hold them all.

@debbielockhart7762 2 месяца назад

@bisiriyutajudeen5728 Don't be ridiculous. People without bitcoin will be?e just fine.

@Peter-kt2gb 4 месяца назад

Millennials are 1982-1996. Maybe 1997. Maybe 1981. Definitly not 2000. That is for sure a Zoomer.

@moonaj89 4 месяца назад

George, love the channel! "Bitcoin is only valuable because we all collectively agree to go in on it" Isn't that true for any currency?

@ralfbo685 4 месяца назад

Bitcoin is the 13/116 largest "currency"

@jamesjaime4140 4 месяца назад

Why does it feel that Ramsey is running a cult?

@cheezybred 3 месяца назад

Some people go overboard, but the basic principles are not disputed by anyone.

@how2embellish 2 месяца назад

Where do you feel this out.

@gvwj 2 месяца назад

Please elaborate.

@evr0.904 2 месяца назад

Because you're dumb?

@emoney1231 4 месяца назад

You can get wealthy while renting, but you can't get wealthy by renting. Your landlord is making money, which means his income (your rent) is more than his expenses (cost of ownership).

@ignacio2763 4 месяца назад

That doesn’t mean anything. Maybe he bought the house 10 years in a totally different market. One of my main goals is to have my own house paid off asap, however I know renting and investing difference would probably be more wealth in the long run

@emoney1231 4 месяца назад

@@ignacio2763 True. But the time a landlord bought is not going to factor into market rent (assuming the landlord is good at their job). So when they bought isn't really relevant to what the renter pays.

@ignacio2763 4 месяца назад

@@emoney1231 hmm not sure I understand. Your original comment talked about the rent you pay being more money than the cost of ownership. But the cost of ownership is heavily determined by when it was bought.

@emoney1231 4 месяца назад

@@ignacio2763 It's a complex issue that I'll admit I'm not an expert on, and I'm sure I'm even worse at communicating it. But to me, home prices determine rent prices, not the other way around. If a landlord buys a property and immediately rents it out, typically the market rent is higher than the mortgage to cover additional expenses, profit, etc. So that property was cheaper to buy than rent. There can be moments of time where buying and renting are out of equilibrium, like now, where the mortgage rates most people have is 2-3% and buying gets you 6-7% so renting may come out ahead in the short term. But eventually rates will drop or home prices will go up and renting will be more expensive again.

@ignacio2763 4 месяца назад

@@emoney1231 I see what you mean but don’t think I agree. I have looked multiple times at buying a property as an investments with 30% down payment and i don’t even break even. I’m sure it’s very location dependent and varies as the economy changes but even discarding the past few years where renting was 100% cheaper, taking into account compound growth of stock market (with a large assumption of consistent 8% annual returns), once you get past year 10 mark ish you get a much larger return from renting + stocks vs home buying and stocks. Assuming If you take that 100k that would be a down payment and put it in the market and continue renting as opposed to buying a house, financially speaking you come out ahead in long run.

@July.4.1776 4 месяца назад

I love local community banks they have supported the local community school sports teams etc. for over 100 years, they employee local people, they reinvest the money locally. and currently they are offering cd rates at or near 6%.

@AndrewWoodford 4 месяца назад

My wife and I have 3 Accounts. One for Expenses and then we each have our own spending account. The bills are on autopay and we buy whatever we want with the allowance. It’s kept any arguments around money away and put us on the same page.

@mmitchell1727 4 месяца назад

Bitcoin not being based on anything that can be manipulated is a good thing.

@conorturton 4 месяца назад

But bitcoin's price gets manipulated multiple times a week. The whales own enough bitcoin that they have the ability to pump and dump the currency at will. A whale's trophy wife says to him one morning she'd like a new Ferrari. He goes and sells 1,000 BTC. That then tanks the price and he then buys 1,000 BTC resulting within the space of 10 minutes the difference between what he sold and what he paid in his bank to buy the wife her Ferrari and the same number of BTC he started the day with.

@bisiriyutajudeen5728 3 месяца назад

@conorturton You are definitely got your ideas mixed up. Price manipulation is not the same thing as supply manipulation. Everything with a price can be manipulated. When they say bitcoin can’t be manipulated, they are talking about the supply of bitcoin. Get it right.

@CaptainBenjamins 4 месяца назад

I will say it’s easy to have the seperate bank accounts together when you’re making a lot of money. It’s the people who are struggling that really should keep it together because money problems are the biggest reason couples divorce

@mannya_realtor 4 месяца назад

Great collaboration again as always. Andrei is a scholar and I’m glad to see the both of you agree on so much.

@eplugplay8409 4 месяца назад

Not this guy who duped everyone with ftx and his crypto crap.

@KimberlyManuel-ee3ov 4 месяца назад

The biggest challenge with retiring at 60 is health insurance cost until you can get on medicare. My husband is 61, mortgage paid off and he could retire right now and we would be fine except for the cost of health insurance, so he will work until 65 and I will have to pay for insurance for 3 years until I turn 65. The cost for good insurance is crazy.

@conorturton 4 месяца назад

Not a problem for those of us who live in countries which have universal healthcare free at the point of need which is basically every first world nation except the USA and many third world ones too.

@loveydovey4u 2 месяца назад

How much?

@frameofmind8800 3 месяца назад

George “my wife can spend her fun money” lol sounds controlling

@Fold-p5c 3 месяца назад

The endless onslaught of boomer memes is brutal

@johnathansteil8186 4 месяца назад

I never understood why you guys interview a bunch of people who were sued for FTX and promote things that Ramsey doesn't agree with. Why not interview someone like Azul?

@puravidaot 4 месяца назад

Because it's always good to see other people's perspective and not just be an echo Chambers all day

@johnathansteil8186 4 месяца назад

@@puravidaot plenty of other people to give a different opinion that didn't settle out of court for a million dollars for misguiding their audience.

@kasession 4 месяца назад

I did NOT hate that segment. I LOVED IT!!! 👍🏿

@financialwolf 4 месяца назад

Your audio is so good

@pete5691 4 месяца назад

Mortgage goes up as taxes and insurance goes up. So does rent. However at year 16 when that mortgage payment ends, the rent check doesn’t. It may be forced savings but theres no way a renter is saving that much more to be worth what a house will be and I will leave my house to my kids.

@RobertBeedle 4 месяца назад

Taxes and insurance are not part of the mortgage and will always be there. You might pay it with the mortgage into an Escrow, but they are different.

@pete5691 4 месяца назад

@@RobertBeedle No kidding

@bayoustateoutdoors9650 4 месяца назад

Agree……only rent short term, home owners win in the long run

@ZRO777 19 дней назад

I see we are going down the grifter lane.

@RobertBeedle 4 месяца назад

George will hit 2.33 million subscribers in only 12-18 months. I might get to 1,000 by then. Haha😂

@PavelYarema 4 месяца назад

Same here 😂

@MariaGarcia-gj5ie 4 месяца назад

Lol, love this!

@OscarCastillo-fl9dw 4 месяца назад

Andre kill it with the renting is true. People will normally buy a house they want or love not in the ghetto. So invest the extra 1,000 per month for 20 years and your set.

@MrSlm1982 4 месяца назад

My wife and I had joint banking for a while when we were first married. We actually have separate accounts now. We have bills we are each are responsible for and anything extra we invest or spend how we see fit. I would be apprehensive combining our finances at this point. Even when she starts to earn more than me.

@edorofish 3 месяца назад

Agree or disagree - I've made over $800 by using a credit card and the money was deposited into a 529 account. I know credit cards are blasphemy in the Ramsey World and they hate the points excuse. My credit card balances are paid weekly.

@Havre_Chithra 4 месяца назад

George: What if we do like it?!?@ WHETHER WE LIKE IT... OR NOT!!! Jesus, George. Basic.

@tcgtpl 4 месяца назад

@9:00 - Kind of sums up the whole issue most people argue over the Ramsey Team's outlook. The Ramsey Team will argue that their plan is the best because it's a forced one-size-fits-all plan that does build wealth, and they'll claim that everyone else who doesn't follow their plan is too lazy or undisciplined to do something that would be better in the long run.

@TheBrentonJones 4 месяца назад

I think they have to frame it like this to show their dedication. If they are dedicated, the masses will be dedicated.

@AndyBHome 3 месяца назад

I've done this math over and over, and my conservative estimate essentially always comes out the same and has been coming out that way since the late 1980s! They always say your money doubles every roughly 8 years (these guys said 7), but then what about the obvious issue of inflation? Ummmmmm - EASY! Just calculate the interest AND the inflation, and my calculation always comes out that the true value of your savings doubles every 14 years. That's conservative. It could value double in a good 11 years, but I think if you go all the way back to 1935 or something like that, it's more like 13 or 14 on average over the long haul. Think of your saved and relatively sensibly invested money doubling in VALUE every 14 years.

@kandi215 4 месяца назад

I wish you could give us the info without so much cringey behaviors and mannerisms. It is so painful and takes away from the content and message.

@CallsignEskimo-l3o 4 месяца назад

George, Andrei & Jaspreet - all the finance beardoes.

@Kashmir1089 4 месяца назад

George, you're so millennial it hurts. I really do mean that in a nice way lol

@annahopp 4 месяца назад

You should be adding gold to your portfolio if you have bad teeth. 😛

@kennyadvocat 2 месяца назад

Andrei Jikh blocks anyone from comments if he doesn't agree with the comment. Established titles, Yotta bank, ftx, Blockfi, ecomi, nft. Guy isn't a good investor at all.

@rayafk8502 2 месяца назад

20 years old = millennial? I’m 21 and have been fairly certain I’m considered gen z my whole life.

@kevinreichert3254 3 месяца назад

If rent doubles in 10 years, I’ll buy a house cash with what I saved by renting. The taxes to own in our area are right at the price to rent a 1 bedroom apt. As long as a 1 bedroom works, I’ll keep saving/investing.

@gamingbtc 3 месяца назад

Bitcoin isn't based on anything according to the host? Is he braindead? It's based on the price it cost to mine a bitcoin. Unlike the US dollar which costs nothing to make. Land also costs nothing to make, so based off nothing but our collective agreement on its value.

@donaldrichey3318 4 месяца назад

My wife and had joint accounts from the beginning and never had issues. We were a team.

@MrTaylorfenoglio 4 месяца назад

Here's the problem with an in person bank. They arnt really in person like they used to. They don't make the decision or change anything for you. For example when you go to get a loan or fill out paperwork they literally put it into the system just as you would online and someone else makes the decision. They offer have to call the same 1800 number just to make basic changes in your account. So having a traditional bank doesn't change anything.

@knottheory79220 Месяц назад

Starting with nothing at 40 and being able to retire by 60, possible but man that'd be hard. Most people don't have the income to make that possible even if they live in a tar paper shack and eat ramen.

@LCculater 2 месяца назад

I retired at 53 and damn love it 😂 , 20,000.000 will take me a long way and love my 6 cars, don’t give a fu….ck anymore lol😂

@k87upkid 3 месяца назад

Retirement at 60 is lame. I'm on track to retire in my early-40s on a single middle class income with four kids. Most millennials are just whiners rather than doers.

@FJX716 3 месяца назад

I honestly lost a lot of respect for Andrew Jikh when his channel stopped being about financial education and started being about speculation on the price of crypto and how the US dollar will soon fail.

@jack7240 4 месяца назад

lol what if bitcoin unzips into a horse ..... jokes on you guys --

@bryancress8843 3 месяца назад

20% saving, at an average of 7% return gives an investor a 30 year retirement timeline given even expenses after retirement. Millennials on the short end of this will need to invest more, younger millennials should invest no less than 20% (after higher interest debt reduction goals are met)

@villeband430 4 месяца назад

This guy is assuming his rent will be 2k for twenty years 😂

@greenlantern1986 4 месяца назад

Some real Gen X footwear filling the screen.

@MrJuliansnow Месяц назад

I really like this approach and concept. Hearing the reasons when they differ creates a good discussion and it's entertaining.

@desiv1170 4 месяца назад

Yeah, I totally agree with the combined accounts for married couples.... Although I do think it could be (probably would be?) different if one or both is already wealthy and/or making a large income when they get married. That raises a whole other set of variables that I don't understand...

@ExtraGuac007 4 месяца назад

Separate accounts all the way. I've heard too many stories of spouses draining the joint account and leaving the other spouse with just the divorce papers.

@desiv1170 4 месяца назад

@@ExtraGuac007 That sounds more like a problem in partner communication/choice. If they are marrying someone who would do that, maybe that wasn't a person they should have married. ;-) Seriously, marriage is joining... If one can't feel they can join fully, they maybe they should just be friends? Not saying that in a bad way. Nothing wrong with being friends, and it sure beats a divorce.

@ExtraGuac007 4 месяца назад

@@desiv1170 We're talking about couples married for over a decade doing this not each other. How can anyone be sure? People buy insurance they may never need so why not have separate accounts as insurance that you may never need.

@desiv1170 4 месяца назад

@ExtraGuac007 You can never be sure of anything. That doesn't mean you go in assuming that it will be bad. Financial insurance for relationships should be more like making sure you are talking and getting counseling if needed. A person is not a car... If one thinks of a partner that way, it's not the greatest start for a marriage. Again, I'm not saying that is wrong, but if one thinks that way, then maybe marriage isn't the right option for them. It sounds like they are looking for a business partner and not a life partner.

@ExtraGuac007 4 месяца назад

@@desiv1170 Dave still endorses a Prenup when one person comes into a marriage with 2M or more. It does mean it's unromantic or they want a business partner. Protect yourself at all times.

@slingbladez1360 4 месяца назад

Please look into the plagiarism claims of this guy, look into his horrid 'investment properties', and the way he's just bankrolling his audience. This is not the guy Ramsey network should be platforming, unless you're willing to hold him to the fire, and confront him on this stuff. Very upsetting to see him here

@willharris5562 4 месяца назад

Do you have any evidence on any of this? He’s the only person I watch who isn’t selling anything so not sure you can claim he’s “bankrolling” anyone

@laneyluneva 4 месяца назад

No, totally disagree with Andrei's take on the separate finances. You are not two adults making an income and can spend as you please. When you marry someone, the law combines you and you have the religious takes on "now you are one" as well. Your incomes are now both of your money, you can't just spend it wily-nily. You now need to work together.

@Optimus-Prime-Rib 4 месяца назад

💯

@stocksxbondage 4 месяца назад

I believe this way of thinking is quick to assume the other person *MUST* be irresponsible if you have separate finances. Plenty of people had combined finances and made bad decisions that ruined their marriage. Yet this is conveniently ignored… being willing to share and deciding to share are separate issues. Having access to your spouse’s phone isn’t guarantee they aren’t cheating either. Transparency is great if one or both of you need it. But if neither of you need it, you’re fine without it

@laundrygoddess4 4 месяца назад

Yet so many don't work together. I'm guessing there are just as many people working together as one person doing the right thing and the other sabotaging them

@stocksxbondage 4 месяца назад

@@laundrygoddess4 exactly. A shared account isn’t evidence of being on the same page. Separate accounts aren’t evidence of working against each other. There probably isn’t even a correlation. It’s just a trivial detail of your marriage, like who sleeps on the left or right side of the bed. Who cares?

@GregA-i6l 4 месяца назад

Depending upon where you live there are risk avoidance reasons to have separate bank accounts, car insurance, separate names on vehicle titles etc (especially if you have a high net worth).

@YoungMaskedRedYoutub 4 месяца назад

Gen Z has entered chat*

@an0nguesst 3 месяца назад

most be nice living in the fantasy where the dollar didn’t already failed. Don’t believe your lying eyes anon

@eprofessio 2 месяца назад

George the way these people get so many subscribers is they buy them from click farms. You are not willing to do that so don’t even worry about it.

@GeorgeKamel 2 месяца назад

Thank u that does make me better

@kandi215 4 месяца назад

4:56 what do you think the U.S. dollar is based on? lol please stop.

@scotlawrence 4 месяца назад

Andrei asked "What has to happen for people to lose faith in bitcoin?" - I think the bigger issue with crypto in general is that 99% of people have never had faith in bitcoin. They don't buy it, don't want it, don't care...it's just irrelevant.

@MissArcanaNerd 3 месяца назад

I love Andrei! He explains finance like your five, but in a very educational and funny way. Plus magic 🎩

@beaurivers7191 4 месяца назад

Nobody said getting Jikh-y wit it 😢

@alli992 3 месяца назад

Lol. We have joint and separate accounts. Joint for home related expenses.

@shribabu4258 3 месяца назад

Wow you don't know what you are talking about and admit it, but you have an opinion. 😂

@TheBraindoner 4 месяца назад

Tip, one bank account for everything. However, you each get the same equal “allowance” to spend money how you want, no questions asked. We do 1-2% of total income per person. Not many couples will ever earn the same. It’s a team sport! Look at your income as a total and try to improve whether one spouse or both work.

@tapersaud 4 месяца назад

My wife and I both have Defined benefit pension plans so we don't need to save as much and will be retired at 55. How rare are these types of pensions in the US?

@dustinjohnson1410 4 месяца назад

Government workers and trade unions are pretty much the only places to find pensions anymore in the US.

@PlanYourOneLife 4 месяца назад

@@dustinjohnson1410Yup!

@TheMatadore 3 месяца назад

George trots out all the tired, disproven talking points against Bitcoin.

@Save-money1 4 месяца назад

Millennials want to be rich by age 50 so if you were millennial and you saving your money for investment and you started late, you want to be rich by age 50

@gabevilla8578 4 месяца назад

Very fun interview! Keep em coming!

@kaythegardener 4 месяца назад

Prudent financial plans never seem to take into account severe setbacks in life, 1 or more times/ lifetimes!! I'm talking about losing 75% in divorce, or being crippled for life at the age of 29 or 39!! Living then needs a major reset & people have lost 2 or more decades of time, which sometimes can never be made up!! Not everyone who doesn't have a million by 70 years of age is ignorant or lazy!!

@M22Research 4 месяца назад

Separate or Combined accounts? I’ll bet the folks who keep separate accounts tend to get divorced more frequently. If you resist combining assets you might be a poor choice for marriage in the first place.

@creators1000 3 месяца назад

4:59... It is backed by a thing George, it's a network. One you can access, pay for transactions and send monetary value to anywhere and anyone in the world without borders and third parties trying to add their own tax; like how payment processors Visa and Mastercard are worth many billions.

@alanyoung159 4 месяца назад

For the combined bank account for married couples... I think it can go either way, but my thought is if in the future there's kids, or stay at home mom, or vastly uneven take home pay, etc., then how would you deal with that? Kitchen sink broke, whose paying for that? Even if financially you're on the same page, logistically, it seems hard.

@JoshB913 3 месяца назад

One problem I see with combined bank accounts is if one person likes to make risky investments like with crypto, and the other person is risk averse and may not want their money used for those investments. It’s a good way, in that case, to prevent arguments.

@nathanhaltman7235 3 месяца назад

Bitcoin….No Revenue and high Expenses.

@batnoooob4786 3 месяца назад

Is this guy slumdogemillionaire brother??

@bythebook1548 4 месяца назад

I could see the government crack down on crpto for tax reasons. That would drop the price super quick. I made my share off of it but was concerned with the volatility and cashed in.

@laurapaw88 4 месяца назад

What upsets me is that your wife had to END her career at Ramsey to have a baby and stay home with her. I thought more of your employer. It should be possible to pause the career and come back at some point.

@collinmonroe3963 4 месяца назад

Dang, 2nd

@hockeyhalod 4 месяца назад

That is the original purpose for crypto Currency George. Hence currency being in the name. There was a fun point at the beginning where it was just a fun theory to mine coins with your gaming rig.

@sarasounds2389 4 месяца назад

I love Andrei!! ❤

@nic23lond23 3 месяца назад

had to say it... in Spanish the the "i" in Andrei makes perfect sense and it's not silent... sorry it froze my brain for a while to hear that the "i" was silent... :)

@kinghenryvii9718 4 месяца назад

Ballad of Jikhy Bobby 😂😂😂😂😂

@elainebradley8213 4 месяца назад

Buying gives you independence from the vagaries of the landlord as well as freedom to do your own thing ( down with HOA'S). I have friends and relatives who are evicted so the landlord can " renovate " and increase the rent.

@Strategies2010 4 месяца назад

I am just now contemplating signing a lease that specifies that any employee of Management that works on the behalf of the Resident shall be the sole responsibility of the Resident. Meaning if they screw up their maintenance, we have to pay for it. If they get hurt while doing so, we’re liable to compensate the Management for potential insurance increases, workers comp, etc. COMPLETE BULLSH*T

@dannyh9010 4 месяца назад

@@Strategies2010 yeah, that contract provision sounds illegal.

@SweetPotata10 4 месяца назад

I think the most important factor for me for buying is the ability cash out when I’m ready to retire and downsize to a fully paid with some additional liquidity to cash flow my expenses and delay touching my retirement funds.

@bvoyelr 4 месяца назад

With social security -- basically any amount of it -- retirement after 40-45 years of work isn't too difficult. You just have to save and keep lifestyle inflation in check. I live a relatively middle class lifestyle and my household expenses sit around $50k per year, and I could cut WAYYY back. I eat out a ton, have an insanely expensive car, and constantly find myself buying random things. It would not be difficult for me to get my expenses down to less than $40k per year without making many material sacrifices. If your expenses hover in that area and you're able to save 15% of your income, your retirement is pretty much guaranteed to the extent that we can guarantee anything in life.