Financial Advisors React to Money Advice on TikTok! (Part 3)

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Опубликовано:

30 дек 2021

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Комментарии : 439

@blaketierney 2 года назад

“That was a math crime” 🤣🤣

@DebtFreeDad 2 года назад

😅🤣😂

@gudboi1944 2 года назад

A serious crime from every mth teacher prospective!

@ChrisRawls 2 года назад

"Why is he only making 4%?" "He doesn't understand math" 😂😂😂

@DailyChuckles724 2 года назад

That man’s financial advice was to rob a breakfast buffet. What a time to be alive.

@tonycrabtree3416 Год назад

FREE FOOD!😂😂😂

@guppy719 8 месяцев назад

and the money guys advice is to save money by eating less lol though that is probably good advice for the majority of Americans

@theadamblock 2 года назад

The first guy seems like that guy who is always ready for a fight any time he goes out.

@Mexicobeanpole 2 года назад

Absolutely. Looks like his head is about to pop. Lol.

@Ethernet480 2 года назад

It’s funny because if you look at his early videos…he’s a milktoast worm boy but he made a few RU-vid videos and suddenly began to channel his inner Triple H.

@InvestToLive 2 года назад

@@Ethernet480 I just sprayed coffee outta my nose at the inner Triple H!

@Erin-rg3dw 2 года назад

He was making me dizzy watching the video. Hold the camera still lol

@MyFrenchInvestor 2 года назад

I thought he was a wrestler 🤣!

@NorinRad009 2 года назад

“Why’s he only making 4%?” Laughed out loud on that one! Y’all are great!

@214blackandwhite 2 года назад

“He doesn’t understand math” 😂😂😂 I about died lmao

@ninotadinite3327 2 года назад

He doesn't understand math lmao

@TheRizzGaming 2 года назад

@@schnauzer93 What class? He's a real estate investor.

@mantasr 2 года назад

@@TheRizzGaming you think he doesn't sell courses?

@TheRizzGaming 2 года назад

@@mantasr I know he does. They all sell some sort of class or book. But, that's not his main source of income. Or how he became rich in the first place.

@FinanceUnfolded 2 года назад

ayyy i was the guy who made the $12 wendy’s video haha. it seriously was $12 where i live! great video, i really enjoyed it and thanks for including my video!

@riverider3140 2 года назад

No way 😂

@MoneyGuyShow 2 года назад

Thank you! We loved watching your videos - they're a lot of fun!

@a11px6 2 года назад

Yeah I was gonna say that Wendy's is expensive where I live 😆

@brysonoakley1028 2 года назад

Yeah, that's about how much a combo costs for me as well

@Ryan31310 2 года назад

*whispers* "he doesn't understand math" lol

@MrMonsk 2 года назад

The Wendy’s being $12 is absolutely real. Up here in MA, I went to McDonald’s the other day (hadn’t been there for years) and it was $23 for two meal combos.

@FinanceUnfolded 2 года назад

ayyy that was me who made that video haha

@ZerOArtGFX 2 года назад

In MD as well.

@Cromzile 2 года назад

Yeah 2 actual meals is 20 bucks now at most places. But a burger, and a drink isn't nearly as bad.

@TxJonathan 2 года назад

Damn y'all's cost of living must be high as shit, 2 large meals here in Texas is $15

@Erin-rg3dw 2 года назад

I rarely get fast food and went to BK the other day expecting a $5 meal. I picked a random number (I showed up hangry) and it was $12 for the combo. Ouch. (This was in NH)

@arga400 2 года назад

I bet the first guy is selling a "business opportunity" or some ponzi scheme

@soxfan5240 2 года назад

He's a die-hard real estate investor with a fund that his viewers can buy-in to invest "with him". You pretty much nailed it lol. Kris Krohn

@peeonthe3rdrail414 2 года назад

The good Burger clip had me rolling. Whoever is editing these videos, well done.

@lidgerwoodj 10 месяцев назад

“Find a less expensive breakfast.” Bo, that’s exactly what he did. 😅

@debbied8525 2 года назад

LOVE these videos! I'm just at the first Tik Tok and cracking up at Brian mumbling about 100% but then there is the look on Bo's face. Keep doing these!

@haleyw5677 Год назад

When people talk about the money you could save if you cut out certain foods, they usually completely forget that most people would have to replace them, so the savings would probably be more like 3-4 dollars rather than 12

@EDP_YouTube 2 года назад

Thank you guys for being real and making good content and actually explaining the MATH!!!!

@singer1179 2 года назад

I love these tik tok reacts. They’re like little fun episodes you can still learn from.

@andrewf8808 2 года назад

HODL isn't a misspelling. HODL = Hold On for Dear Life Did I just teach the money guys something? Least I could do for all the free advice/lessons they give.

@andrewgutmann9432 2 года назад

Pretty sure it’s a backronym, meaning hodl the misspelling came before HODL the initialism.

@andrewf8808 2 года назад

@@andrewgutmann9432 you are likely correct.

@Ryan31310 2 года назад

@Andrew Fry you're right HODL = Hold On for Dear Life

@BrandonMinguez 2 года назад

They make a great point at the end. Finance videos are everywhere, you just need to make sure the content is valid.

@hb7030 2 года назад

The "rent is the minimum you will pay" thing is true for the year you sign the lease. In my city (Boise), renting was cheaper than owning a house when I bought. Fast forward two years, I am now paying 20-30% less than renters simply because the market has changed. If you want to be somewhere long term, buying can absolutely make sense.

@Lagann0 2 года назад

There are costs associated with homeownership besides the principle and interest every month......

@hb7030 2 года назад

@@Lagann0 No shit, but those costs are relatively stable. In fact, my costs have actually gone down because I refinanced.

@dec1slh 2 года назад

@@hb7030 property tax and insurance usually rises with inflation....you can't refinance those....those are also part of the reason landlords raise rent. Refinancing isn't such a great idea unless you are not paying closing costs and prolonging the life of the loan.

@hb7030 2 года назад

@@dec1slh So does your landlords property tax. Do you think your landlord doesn't take those into consideration?

@dec1slh 2 года назад

@@hb7030 can you comprehend, did I not say that's why they raise rent

@leonabaffour9211 2 года назад

🤣loving the commentary! so funny but educational at the same time! Thanks both

@Ben-bb7mi Год назад

Lady in the 2nd video out there giving better advice than Dave Ramsey

@Szechieh1986 2 года назад

Keep more videos rolling - gained so much knowledge from you guys!Happy New Year :)

@penguinqueen1462 11 месяцев назад

The $15 breakfast cracked me up. Me over here with my $1 oatmeal, “I’ll be rich!” 😂

@brianjames9832 2 года назад

That first guy makes absolutely no sense. He also was conflating maxing out your 401k and contributing enough to get a match.

@charliewill4879 2 года назад

It makes more sense if you watch the whole video. You watched him say don’t do this, but you never got to watch him say do this.

@AncientShadow 2 года назад

These are the best videos, not only are they fun to watch but they also dispel a lot of bad advice out there!

@briang3271 2 года назад

Thank you for doing this, especially about the first guy.. been watching you guys for years!

@chrisgrover507 Год назад

“He doesn’t understand math…” cracked me up

@stephenchurch1784 2 года назад

I agree with you guys that the latte effect is generally BS. That said, I've found that getting my friends to replace one coffee a week with investing in an index fund works wonders to get them thinking about the cost of capital. It's easier to build financial discipline if you're able to see tangible results even if they're insignificant in the long run

@rogerguinon8776 2 года назад

this series are awesome. Keep up the good work!

@michaelescobar3746 2 года назад

"Why's he only making 4 percent? He doesn't understand math." Man i laughed out loud.

@Ericsaidful 2 года назад

The mortgage vs. renting was difficult for me from the time of purchase until I hopefully close in two weeks. There is a lot of stress and wellness issues that come up in home ownership as well. Everyone things owning a home is all roses, rainbows, and white picket fences every day and sure, there is some of that. But you're constantly concerned about the state of things because if your house is big enough something is almost definitely broken.

@BittermanAndy 2 года назад

Surprised you guys haven't come across HODL. It was originally a typo for HOLD, but has stuck around, partly as an ironic typo-based joke but also re-imagined as an acronym for "Hold On for Dear Life".

@michaelmoser3482 2 года назад

Steal from hotels every morning for 40 years. Money guys-“WE LOVE THIS!!” 😂😂💀

@6r3nt0nt 2 года назад

Editing for this is on-point! Brilliant!

@i7bwn 2 года назад

the morgage/buy one. THANKS YOU because why you thought is exactly what i'm thinking right now! THANK YOU FOR THAT!

@David98409 2 года назад

I love the new upgraded music choice for opening up the video. Much more modern and upbeat. 😁

@jedidiahkelley3197 2 года назад

Thanks you I have learn so much from you guys

@aaronjoseph1777 2 года назад

I started investing toward retirement @ 21 years old. I made mistakes but learned that if you can continue to invest thru downturns(2008) the returns on the market upswing was huge! I had an aha moment when I realized I'm 40 years from retirement and there was nowhere to go but up.

@aaronjoseph1777 2 года назад

A couple of my mistakes was not taking the match by investing into 401k post tax. Being overly cautious early on, not building my house sooner, although looking at housing nowadays my mortgage is ~$1000 per month cheaper than market rent so we're no in bad shape.

@braakwame_ Год назад

Thank you for sharing

@rickchandler2570 2 года назад

That first guy is not understanding what the word retirement means in retirement investment. It’s not a savings account that you can use to buy a car next year, but that’s what he makes it out to be.

@charliewill4879 2 года назад

It’s only a part of his video. It’s a different story when you watch the whole thing. It’s like you watched someone saying “I hate driving” but you never got to watch the rest “I hate driving with all 4 passengers making rowdy noises”

@ChrisLittmann 2 года назад

I think that last one was 100% parody content haha. Enjoyed this. Happy New Year!

@anthonymiranda2683 Год назад

That loose yourself reference❤ Loved the Graham part, always go long term

@familjeekonomi 2 года назад

Love this!!! ( and yeah, also.. the Boba Fett mug 😍)

@wrinklybird6395 2 года назад

this video really needs more views. it could save a lot of people from bad financial advice

@BenjaminTVogt 2 года назад

7:45 “All I hear is Billy Idol.” 😂🤣😭

@kingtheegreatone8262 2 года назад

these are the best vids yall do

@mightymouse9001 2 года назад

I LOVE these videos. You guys are so much fun and educational! Have you guys considered reacting to CNBC make it videos? I think that would be a fun thing for you guys to do. Hope the team has a safe and Happy New Year!

@JigmeSwag 2 года назад

Yes. Please react to CNBC

@Danielhalvorsen1993 2 года назад

As long as they stay away from the Finland episode. It'd just make them depressed

@angieharris8015 2 года назад

You guys make me laugh lol. Some of these Tik Tok’s are hilarious.

@thepreston1021 2 года назад

I love the Marriot Free Breakfast, Marriot will never catch on to that! and you will save the MILLIONS you were spending on breakfast

@Ancano 2 года назад

Dave Ramsey "Rice and beans!" that doesn't mean coffee beans.

@alzheimerdinger1455 2 года назад

6:33 I actually opened that and then I realised it was on the video too...wow!

@MusicalMind9 2 года назад

That breakfast video was hilarious

@andrewschreffler1914 Год назад

I look at market dips as stock sales. Best time to buy.

@Annamilgreen 2 года назад

I'm in my early twenties, putting part of my monthly earnings to both investing (i guess i have something close to an index fund? i'm not from the US, so i'm not really sure about the terminology) and a savings account. Now let me enjoy my starbucks, tik tok!

@shewvrain 2 года назад

The "lose yourself"/spaghetti joke got me.

@sunnyd4734 2 года назад

4:53 - One McDonald's Big Mac meal is $13.65, route 87 in New York state.

@chocolatecookie8571 7 месяцев назад

14:08 look at them how they stare to the sreen focussed on that piece of paper 😂

@jackjia8773 2 года назад

happy new year!!!

@bubblebeamm 2 года назад

an average breakfast being $15 - $20 is totally accurate if you live in canada

@nigell.8705 2 года назад

The way yall whispered while watching is hilarious 😂

@rg8162 2 года назад

The second person - 👏🏽👏🏽👏🏽

@Tarwada_ 2 года назад

yoooo. been waiting for this

@aarongold7220 2 года назад

Rent's not really a maximum you'll pay either. For some people, rent went up 30% from last year. With your mortgage that's just not happening. 5 - 10 years after that fixed rate was set, you're going to be doing really really good on your housing costs, even if owning a little more expensive at first.

@coziii.1829 2 года назад

My thrift /401k They matched it and every year 15% Retired early 🤔 Living the dream

@jerrystauffer2351 Год назад

You can get 40 pop tarts for $10 and sleep in your own bed with your own cat. No Marriott required.

@samb3396 2 года назад

There is one time when I consider fancy coffee which if I need to sit down at a coffeeshop and work whether that is homework in college of certification exams in IT.

@carlinham5883 2 года назад

LOL I love this!!!!!!!!

@aaronkey4913 2 года назад

HODL means “Hold On for Dear Life” coined by the bitcoiners with lots of conviction

@jayholiday256 2 года назад

This was fun 🤩

@jdrancho1864 2 года назад

It's those 401k percentages that trip up alot of people, even the ones in the company that you turn to for information and who should have correct information at their fingertips. The way I explain it to my co-workers (I am the resident Dave Ramsey/ Clark Howard) is that if the company matches every dollar you put in your 401k with one of their dollars, then that means you are getting 100% return on your investment GUARANTIED, and this type of guarantied return simply does not exist anywhere else in the investment world.

@dimplesd8931 2 года назад

I totally won the house game…..bought young for 30yrs…..refied later and paid a bit extra every month so I paid it off in 24yrs… then I got married and he loves my little shack, so we didn’t have to buy a “married” people house…. So here we are at 50 paying $200 s month for the roof over our heads, for taxes&insurance. I always self escrowed so I’m able to invest that money until taxes and insurance are due. Anyone can do it IF they stay put, buy small and marry someone who likes your house. I need to sell a course 😝😝😝

@forbes4007 2 года назад

“Why’s he only making 4%?” " he doesn't understand math" lmaooooo

@wyattpotter2103 2 года назад

Oh no I see the Money guys lurking in the woods with Dave.

@arshiyaa5765 2 года назад

Planning on buying some ETF's this year: VTI, VOO, SPY...which is the best?

@stevper6394 Год назад

HODL is a meme abbreviation for "Hold on for Dear Life"

@jackiecs8190 11 месяцев назад

5:09 I'm sure Wendy's is cheap in Tennessee, but in Seattle, for example, a baconator meal with a medium soda and medium fries is $13.85, or $15.21 after tax. That's $800 a year, which can really add up

@aaa84gt 2 года назад

7:40 has meme potential. Moeney, all that Moooeney 🤣

@MattHall1 2 года назад

Great video guys. GO BLUE!

@juliehayes3816 2 года назад

You guys are my favorite nerds!

@inalaop 2 года назад

I almost overlooked your awesome boba fett bounty hunter coffee cup...

@masejake8 2 года назад

Love this channel - always looking forward to the uploads!

@MugenHeadNinja Год назад

My man really suggested that you should sleep and your car and steal from hotel/motel breakfast buffets 😂😂

@curtisdavis8594 2 года назад

Good video!! Good TikTok.. Steph Graham... .. Thank You..

@firefalcoln 10 месяцев назад

If the first guy was a bit more frantic and high-pitched in his delivery, he’d be Charlie from Its Always Sunny in Philadelphia. 😆

@JohnPascavageFishing 14 дней назад

7:40, that guy reminds me of Tom Vu

@JackDManheim 2 года назад

Here in Southern CA, that’s about $15 worth of food

@pastorbluntaround7701 2 года назад

“I know some of these words!” 😂

@kunya16 8 месяцев назад

The small purchases, the latte effect, is a big deal for the younger crowd. Eating out 5 days a week for lunch, a coffee every morning, subscriptions etc all do add up and people under 35-40 are absolutely over spending here. Our mortgage is $1,700 and rent was about to hit $2,000 and now it's $2,500 for what we had. Buying was needed.

@J_prath 2 года назад

I love this. 😂😂

@Grant849 2 года назад

Compare renting a house three years ago and buying a house three years ago. My house has tripled in value, so it's paid for every repair I've ever done and I still have an asset that's appreciated heavily. Move out of the house you rented for three years and what do you have to say for it?

@qwertyman3000 2 года назад

I want to see how these guys react to Benjamin on RU-vid. He’s the funniest finance RU-vidr I know

@TheOriginalRasheedat 2 года назад

A couple of these were good.

@RestoreSanityFear 2 года назад

Props to the editor

@a_bravestrong 2 года назад

"100% beats 3%." Who needs math...I'M RANTING AT A CAMERA! The video at 12:21 is probably the most useful so far (that isn't repeating the basics of investing)

@HugoLopez-nm1qn 6 месяцев назад

"he doesn't understand math" lmao that sent me

@duvuvuei 2 года назад

Last comment I promise. When I include my employer match I have a 28% retirement savings but I’m a teacher and my pension will pay nowhere near what a traditional or Roth IRA will. Would love to hear your advice for those with defined benefit plans such as teachers, state employees, etc…Feels like I’m throwing good money after bad. BTW I’m 40 with three kids under 4 and retire in 20 years.

@islandmarksman2781 2 года назад

I would also be interested in hearing their take on it. Myself, I treat my defined benefit pension as bonds and have gone 100% equity with a self directed parallel RRSP and TFSA portfolio. Once I retire I plan on maintaining this as I can theoretically count on monthly cheques while only drawing upon investments when I want. Also if my pension gets screwed by one of our many corrupt politicians I have a plan "B".

@aarond23 2 года назад

Wait til the hotel guy shows up and the person sees him every single day and they ask to see his card....awkward!

@jerrydixon3862 2 года назад

HODL = “hold on for dear life” 😂

@Runny117 2 года назад

My employer offers 6% match in my 401k. glad that first guy talked me out of that /s

@wyattpotter2103 2 года назад

The Lambo effect. Lol.

@isaaca.5553 2 года назад

“He’s just not good at Math” 😂😂😂

@davidpowell3347 2 года назад

Daily attendance at that expensive coffee shop will indeed slow your financial progress as opposed to investing that weekly $20. or more indulgence and I think I heard D.R. say that- I "brown bagged" most of the time at my jobs but did sometimes indulge in an orange juice,a few times a year we did go out to eat at a nice place but not weekly or daily also those fast food places have really gotten expensive lately especially with the "meal taxes" of the rapacious local governments added in,Used to be you could get a good meal at a local cafeteria (R.I.P. Hot Shoppe) for less than the fast food costs now that wouldn't have you reaching for Rolaids an hour later or trekking to Don's John.

@WhatsJuggernog 2 года назад

It will slow you down, but if you’re investing a lot, that $20 a week means almost nothing. I don’t even drink coffee, but I enjoy going out to bars on the weekends. That money I spend on something I really enjoy is it worth it, especially given that I’m investing $2500 a month, so it’s something that I can easily afford. Rather than penny pinching every dollar, it makes more sense to increase your income so you can afford the small luxuries in life