That Time Someone Gave a Homeless Person $100,000 Just to See What Would Happen
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- čas přidán 4. 06. 2017
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In this video:
In 2005 a homeless man called Ted Rodrigue stumbled upon a briefcase filled with crisp $20 and $50 bills totaling $100,000 (about $123,000 today). Ted was then told by screenwriter Wayne Powers that the money was his to keep and do with as he wished, so long as he would allow a film crew to document the result. Rodrigue, understandably, jumped at the opportunity, leading to a somewhat controversial documentary- Reversal of Fortune.
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I am 'homeless'... Can I have 100k? I know exactly what I would do with it... buy some property and start a farm...
Hello could you make video why people like to run naked ? In Suomi they do.
There should have been some differentiation on the concept of, "homeless"
/-I see, alcoholic, parental neglect, social, atrophy....
Homeless is just an end result
UNFAIR
Pay someone 100000.- to "cure" him of his condition instead
/-May last longer
Lots of homeless have crippling self insight
as do the mentally ill
It is where guilt and shame have home and hearth
/-I know
Could someone give me $100,000 just to see what would happen?
Rob Robson I would but then I remember I'm a fucking peasant.
you wouldn't pass the drug test :P
Rob Robson hahaha it would be a pretty boring documentary for people who are good with money
Sure, but only after you give me $150,000 just to see what I'd do with it
Hunter Dennis It wouldn't be boring for people who are good with money. It would be anger evoking just to watch some idiot blow every dime on dumb shit.
I really think personal finance should be taught in early education.
but marshmallows taste really good! .....what were we talking about again?
your kids are stupid and you are a bad parent.... lol
It is the responsibility of parents to teach their children how to manage finances. Unfortunately, in an era of subsidized consumerism that virtue has declined.
60 Second Success in my school they have a class that thought you how to handle your money... it was called money matters.. and we also had an economics class even though we didnt really learned much about taxes.
60 Second Success yeah, but instead you know who killed who 500 years ago
when he said he didn't mind being homeless that should have been a huge red flag, he wasn't someone who was unhappy with his life.
EnterNameHere55 but rich people know best, money buys happiness remember?
+T-Rell VI no not really... Money = privilege over millions of ppl and some happiness, Ted was pretty happy with his life and he sure as hell didn't want a boss around him while doing his job. Ted simply enjoyed having money while he had it and didn't give a fuck when it was gone. (I think he cared more about the fake friends he had)
I wondar what ever happened to the homeless "man with the golden voice"
Mimos 91 WHOOOSH!
Without money you will be unhappy, but a lot of money doesn't equal happiness
in this particular example, he lives as a homeless person just fine, he could eat and even buy alcohol
if, for example, he has someone dear to him that has a chronic illness and has no money to pay for the treatment he will be unhappy, but it was not the case, my point is, money can solve a lot of problems but not all
When I was much younger, I ran into a homeless man rummaging through the trash at my nearby market. On my way out the door, he asked me if I could spare a couple of dollars for him and his friend to get some food. I didn't have money on me after shopping, but I lived right across the street.
So, I told him that if they helped me get my groceries home, I'd feed them. They did and I kept up my word, giving both bowls of hot stew. Not all homeless are just looking for a buck for liquor or drugs.
Then, when I lived in another city, I saw a guy with a sign that read "Why lie? I need a beer."
I gave him a couple of dollars and told him to get a burger between beers. I appreciated his honesty and, surprisingly, he did as I asked because I passed by not an hour later to find him chowing down on a McD's burger.
Once a homeless guy near McDonald's asked my dad for food money so he ran inside and bought him a huge burger but the homeless guy got mad and just wanted the money and man they almost got into a fight.
@@derrickhappytree
I was homeless for about 6 months, but I had a truck which makes all the difference. I pulled up to crash in a parking lot one night and I passed this lady on the median begging for cash, she was a big lady, probably pushing 300lbs, but somewhere in her 20's. I *felt bad man* and offered her a couple cans of vegetables and fruit I had. She agreed and we talked for a bit. I ask her how much she makes begging and she tells me, "Well... this last weekend I made $400." I was kinda stunned by that. "That's sometimes more than I make in a week at my job; Why are you still homeless?." She tells me, "You know... we go out to eat and stuff." Not a sign of drug addiction anywhere on her.
With the epidemic of people begging as a side hustle, that's kind of what I think was going on with this lady. I never did beg, but damn, $400 in a weekend.
Savage Salvage - She could've been a compulsive liar.
A homeless guy (maybe) asked me for money for food. I didn’t have any cash but i offered him my banana. He told me he didn’t want my fucking banana 😂😂😂😂 i said i guess you aren’t that hungry 🤷🏽♀️
@@dinakay4990 Sometimes when i go to a bakery and i see homeless person nearby i bring them a Bun with cheese (i live in germany in the US that would be a cheese sandwich i guess). One guy didnt wanted the bun, i will never try to give something to him again. Others took it with a smile and that made me smile too, more than when i would have given them money. I still think its the right thing to give homeless people a few coins but giving them food is even better.
Also taking the money going into a shop buying some food for the person means you spend more thought and effort into the endeavour than you would have otherwise. Assuming he will notice the effort the short exchange will become more meaningfull than it would have otherwise.
Hearing Simon say "...hookers and blow" never gets old. haha.
I never knew what I was missing until today.
Curtis Jett, Now that you mention it...
Yeah, it does.
VS M Nope, I've watched both videos multiple times each and it is hilarious EVERY time.
Curtis Jett watch it over and over for 12 hours and report back
What to do with 100 grand? Buy a shitty house for 50 grand and rent out a few rooms to cover all the cost of the property and make a little extra cash. Second buy a second shitty house for 50 grand and rent it out to cover food and odd expenses, like a moped. Get a 20 hour a week job and take classes at a local community college to increase your earning potential.
kkknotcool I don't know where you're from but 50k house is hella cheap. However, you could do this with say a mobile home for 30-40k ea and rent those out too. And yeah just doing that you'll have a decent livable life.
AbrahamsYTC
Midwest. I can find houses for 30 grand if I'm willing to do a bunch of handyman stuff.
Lannet Alabama, the town next too me, you can purchase a 5 room plus house, 3 and a half bath, for $40k. It all depends on where in the country you are. Right now in my town, there is a nice 3 bedroom house with large property for $88k.
Jesse Sisolac, you sound like you're advertising
Ha, I just talk like that. I am not the one offering those houses for sale.
5:40 "Ted also met a woman who magically became attracted to him..." loool
Proof hypergamy is real.
@@uup116 Depending on the situation of the women, it could make a lot of sense from her perspective.
@@derPetunientopf sure it does...but men don't allow that to happen.
Honestly, the key point in questioning should have been his lack of interest in finding a job and being happy with being "his own boss".
At one point when I was on the streets, I went 10 hours a day 7 days a week going in and out of businesses and filling out applications. I actually WANTED a job, WANTED to be able to work for my own money. It's crazy to think I was working harder just to get a job than most people work on their job. But no one wanted me.
Eventually through a bit of help and a ton of hard work, I got myself off the streets. I'm now married with an adorable one year old living in a house we own.
Sellout
Wow, I can't believe 2005 was so long ago you actually have to convert the money to its current value :/
If you win the lottery and you decide to save most of your cash long term, buy gold. Not gold stocks, gold bricks. Inflation can water down currency, gold is stable.
InsanoBinLooney
Invest it in the ever rising price of bitcoin
SockTaters III Know you know it's important to invest your money and not just keep it in a bank or safe. For rich people they can lose hundreds of thousands due to inflation
Mr Green And you need a better education.
I'm in a prestigious law school I think I'll be fine. I just wish they taught basic economics in high school so the people who never even go to a community college can speak on some level about finances.
$123,000 dollars today? Christ, that's quite a jump for 12 years 😐
no, its not actually. 1.7% inflation per year is an excellent inflation rate on average and is a sign of a generally healthy economy, even if certain sectors are turning to shit.
it's actually 1.7% per year compounded which is actually good.Putting 100,000 in a bank 12 years ago would yield 201,000 dollars today.Any decent mutual fund will double your principal in about 5-7 years.
inflation doesn't really doubly your money because the cost of everything goes up....
They never said anything about inflation doubling your money. Rajan mentioned funds being roughly 10% (seven years) or 15% (five years)
The fact that five people thumbed up means the world is fucked, because your reading comprehension is fucked.
Classic Random Hobo ?
Decades ago I remember watching a particular episode of the Howard Stern Show, during which Howard awarded $10,000 to a Homeless man who won as contestant on Stern’s game show. The Homeless guy immediately went out and spent a night at an insanely expensive hotel, bought a big drum set, etc. Howard’s staff tracked down the gentleman not more than a month later. They found him snoozing on a sidewalk. He thanked the show for the 10 Grand and said he had the best time of his life.
He wasn't lying. He really did have the best time of his life. He just didn't realize if he had the willpower and mentality to change his life, he could have had great times for many more years of his life, as opposed to a few days. But again, had he been smart, he wouldn't have been homeless would he?
No, he won't have a "great" time for many more years, or at least it's very unlikely. He'd have a better life for that many years, but how much better and how long it lasts will depending on his existing skills and qualifications as well as personal history.
If he otherwise qualify for a technical school but just didn't have the money, now he can, in fact, go to a technical school and learn skills that can last for the rest of his life. So he can have a decent to good life for the rest of his life. And if he have the ability, perhaps eventually a great life.
But if he didn't even graduate, or perhaps didn't even go to, high school, have criminal records, have bad credit score (due to previous bankruptcy) etc, then the money might not get him anywhere in term of self-investment, so all he could do is spend it slowly versus quickly. As it were, he'd have that great time for a few days, a good living for a few month or, if he were to stretch it to the "many more years", a barely better life which might not be worth the effort.
So whereas I don't think his choice was the best, I also think that "great times for many more years of his life" is probably not in the cards and is a rather ridiculous alternative to bring up.
@Michael Moretti Eh, he made his choice. It was a dumb choice but if you have no job, what else are you supposed to do with $10,000? Use it to live a frugal but 'normal' life for a year and then run out anyway?
If those are the two options, I think most people would choose the party.
A homeless man isn't going to take $10,000 and invest it, that's just not a realistic option in his life situation. Of course, that's not the same as this video, since $100,000 is a lot more money.
@@The98597thMark bruh you buy some clean clothes get a cheap rent and GET A FUCKING JOB DUUUUH
@Maria Aneta Most places require you to have a stable proof of income up through at least a month before you can rent there. Even if that person can find a cheap motel to live in for the meantime, and follow your “suggestions”, doesn’t guarantee any sort of success, especially depending on their level of education. Some folks may drop out of high school before becoming homeless, and it’s starting to reach a point where a lack of education and a clear lack of a job history can make it difficult to get a job anywhere, even at a fast food place (keep in mind, an interviewer probably looks at a teenager looking for a job with no high school diploma in a more positive light than a grown man or woman with minimal job history and no diploma).
Not to mention, a big thing with this scenario in particular is complacency. Ted here was pretty content with his situation. He didn’t want to change it, and didn’t feel like he could hold a job. I that situation, perhaps the only “right” decision he could have made with his money was to perhaps hire a therapist to help him reach a point where he could hold a job, but considering he thought the financial advisor was out to get his money, I highly doubt he’d hire a therapist willingly.
I guess what I’m saying is that to you, it might seem like an easy and obvious choice, without being in their shoes or in that situation. If the person from the OP’s post and Ted felt they best benefitted from those few short days or months of their lives, who is anyone of us to say that it was the worst decision for them personally? If they were happy with it, let them be happy.
"He also bought his friend Mike a car, but he did not marry him."
Lol 2017
Liam O'Connor id tottaly of married mike lol
Didn't bring his wife to the amusement park though, I'd say it's give and take
Ri dan I’d*
have*
Mike*
@@yammmit Don't forget totally
With $100k I would pay off my debt, keep quiet and let no one know how much money I had, save and invest a large portion of it, then buy a modest but comfortable house.
Same here.
It would be really hard to not take a stack of cash and smack poor people while yelling "I'm rich bitch"
DarkLadyJade 100k isn't that much, you can't even buy a small house with that.
Jonathan Garcia it would be enough for a nice down payment.
Jonathan Garcia Depends where you live. Here in Missouri my brother bought a three bedroom house (about 2400 square ft) with a number of large outbuildings (he owns a landscaping business and uses them for his equipment) on 20 acres of land for just over 100k (125 if I recall correctly). That was just 3 years ago and yeah he has a 20 mile drive into Kansas City, but great house for the price even if it's in the boonies.
This is why you don't give people free stuff... Don't give a man a fish, teach him how to fish.
And if he says, "I hate fish"....I guess leave him well alone.
+Rob Kinney or "im complacent with eating tadpoles so I'm good"
The Truth wat if he's allergic to fish
The Truth dont give homeless people food, teach them how to eat money.
The Truth they tryed that with the financial advisor...it didn't work.
Loved the Flowers of Algernon reference you threw in there. One of my all time favorite short stories.
If I were homeless for 20 years and was neglected as a child I too would do exactly the same thing as that homeless man no doubt in my mind.
The video just started, so I'm assuming that he spent it all on stupid shit.
you win a free internet
ding ding ding
stop assuming and watch the fuckin video, people that post in the comments section without watching are cancer
*****
1. My assumption was correct.
2. Cancer is cancer.
3. It is literally impossible to stop assuming.
+walkntalknstevnhawkn... but that assumption was right. your heart's in the right place I guess, but why make that comment if you know what happens?
So this video is basically an in depth version of the lotteries video
You are a time traveler.
Andrejs Ločs look at his profile picture. he's hitler. of course hes a time traveler. cause you see hitler didnt really commit suicide he just simple made a mannequin look like him then jumped through a warp hole to come to the present day. faking his death so he wouldnt get punished
Tinfoil hat acquired
DANtheMANofSIPA I
DANtheMANofSIPA yeah also your wife is cheating on you
I love how this is the last channel on CZcams that doesn't do click bait!!
What are you talking about? Tons of youtubers don't use clickbait, Jacksepticeye, Markiplier, Kursgesagt.... and tons more bring actual quality videos with no clickbait
cubers?
What about Coyote Peterson?
it's clickbait but just honest clickbait
Oxorn, Nicktendo, MrEnter ,PENTALGRIM, IHE, Solar Sands and those are only *some* of the AMERICAN youtubers that dont do clickbaits
I saw that documentary and it became obvious that that guy wasn't homeless because he was a victim of circumstance. He was just irresponsible and habitually made bad choices.
Plus he straight up said he liked being homeless.
Grey Tiger loves it in fact
Or you know, he had shit parents, so he never learned these assets for life.
He was a victim of circumstance, his parents incompetency lead to him growing up irresponsible and not wanting to follow someone's orders.
The reason he likes being homeless, is he adapted to the lifestyle, as he never had a good life to begin with.
What's the name of the documentary?
@@SakuraAvalon They gave him access to a financial advisor. He had the opportunity. Your raising may motivate you and lead you places, but it is your own decisions that determine the paths you go down. It's nobody's fault but his own. He could have changed himself for the better if he wanted to enough. He didn't want to.
Welcome to "Hookers and Blow" Week-
Celebrate irresponsibly!
Got the humanoid
Wouldn't touch the blow but the hookers can stay
Carpet Shark the blow makes the hookers more attractive
Bang 'Em And Leave 'Em. It sounds like a VERY suspect company :P
Somehow I think this story is designed to make rich people feel good about themselves - what it shows is that homeless persons may not be helped by giving them $100000. But smart and caring people *can* find ways to help the homeless... free food, kitchens, shelters...
*This just shows that money is not the core what is missing here. And if we are honest, we always knew that money is a really bad measure for the quality of one's life.*
I once had a man come knock on my door, he had a little sign begging for money for food and was deaf or pretending to be. I knew enough sign language to say we had no cash but would happily share fresh food with him and to hold on a moment. We quickly prepared a bag of some quick warm dishes as well as food that would keep without needing a fridge. Went back to the door only to find him gone when we were only about 2-3 minutes. He had left and we hopped into the car to bring it to him, tried giving it to him and he just rummaged through the bag turning his nose up at the food and snagged the $2 we had on hand and ignored the rest despite us wishing him well and trying to be thoughtful. I strongly suspect he wasn't deaf and me knowing sign foiled his plan because he never signed back to me, just wrote on a paper he had with him and not in a way that directly responded to what I signed without speaking. I'm not fluent by any means but I know a fair amount, definitely enough in this situation to communicate. The whole situation makes me refuse to give money to beggars. My dad told me to never give money a long time ago but to offer to take them grocery shopping at a nearby store and see if they'll take it. If someone is truly struggling they'd happily accept to go down the block a bit and have their choice of food and basic supplies.
H. S. They dont want groceries, they want drugs or alcohol bc they are addicts. If you dont want to help them with that, then dont, but dont be a bitch about it. Hate people like your dad.
Quinton Taylor no, ofcourse not I dont believe someone else should pay for your addiction
Once I met a couple with a baby... at a railway station(nap, india)...
They told me that they are from maharashtra place and were out of money..and hoped I could help as rest of the people were ignoring and passing by.
I bought some food for the baby and asked them to follow me to the police so they could help their situation and the very next moment I said police... they thanked me and walked away.
H. S. I’ve also had homeless people ask for anything, including food. When I lived in Philly there was this guy about 20 years old I saw all the time that would ask for whatever. People would throw him granola bars and half-eaten bags of Doritos. He would thank them and wolf it down on the spot because he was clearly literally starving
@teslagod2003 Money was Invented by humans although it was the devils idea. Don't treat it as a God.
i find it disturbing that no one understands that people are creatures of habit. we run on autopilot all day long. we speak from embedded speech patterns. we act from embedded habit patterns.
homeless people are homeless because their autopilot puts them there. in order to change a person's life you have to change their mind.
what the tv show should have done was give him the $100k and instead of a financial advisor they should have sent him to a therapist dealing in emotional trauma release. i guarantee that he would have got his life on track and hugs of gratitude would have been sent all around.
Sourcedrop I'm not sure about that being a guaranteed result, but it certainly would've given him better odds than the financial advisor
I agree about the Therapist. Your comment is like a needle in a haystack, it's one of the very few good ones.
ok mabye not guarantee lol but it would have raised the odds exponentially. in this instance the guy outright said he was where he was because of traumas and he was even able to identify them. most people 1) don't know they are suffering from trauma and 2) have no clue what could be causing it.
one of the best alternative therapies is EFT or similar. also called the tapping technique. people like war vets have overcome years of trauma in just a few sessions using those tools.
if people would use funds properly there's no reason we shouldnt have all people off the streets because they all would be emotionally sound.
Unfortunately, we live in a sadistic world, Sourcedrop. Most people seem to ENJOY inflicting pain, and the way our governments and economies are organized, sadism is rewarded, and kindness almost always backfires.
This, along with the financial advisor would have been a good idea. And they should have made it a condition to keep the money to see at least the therapist a set number of times every month.
This video proves that money isn't everything.
this video proves people are idiots
sergio cisneros and that.
Chandler Short it kind of is
eggrollsoup well it does prove that being rich isn't everything
Chandler Short I mean in a capitalistic society, you're pretty much fucked if you have no money and especially if you have debt
That was DOOMED to failure. A "more or less drug free, reasonably psychologically sound homeless person..."???
They picked an _alcoholic_ (same as a drug addict, psychologically speaking), _raised by_ *neglectful* alcoholics, who went into prison at a young age and then lived on the streets for most of his life; one who readily admits he has ZERO motivation or interest to change anything in his life, nor the willpower to do what it takes!
It's like they hand-picked this guy to prove the "poor people = poor mindset" preconception, rather than to genuinely find out what would happen if you gave a homeless person a windfall. This is BULLSHIT.
If someone gave ME $100,000 back when I was homeless and I'd have a thriving life by now. If you gave me $125,000 right now, I'd be a millionaire (at least) in five years.
NobodyKnowsAnything I agree. It all depends on the type of homeless person. What if there was a homeless person who never drank alcohol and never smoked? I think there would be a completely different result. If anyone would give me 10,000 $ I would spend all on tech, upgrades, solar panels, build massive greenhouses and mega fruit gardens.
NobodyKnowsAnything yeah give me that money and I'll open a small business.
NobodyKnowsAnything they did set him up to fail. After all they wouldn't have a tv show if he didn't fail.
this reveals a huge bias in our society. we don't see alcohol as bad as other drugs, but in many ways it certainly is.
Forrest L Doesn't matter what the drug is. If you're an addict, then you're an addict.
It’s a really great documentary... it ends as you’d expect, but still worth the watch.
As someone who has been homeless it's a trap and very hard to get out. People want to say get a job, HA! How??!! I had no clothes no ID noway to take a bath. People need not judge until they have been there. I thank the Lord everyday for the little I have now as it seems like so much to me.
No way to take a bath? Where were you, in the boonies? No homeless shelters around? No places that have free used clothing? Sounds like you put as much effort into being homeless, as you did the life that made you homeless.
+Charles White and you sound like a man full of excuses. I'm exactly the one to judge.
james pogrebetsky Have you been homeless before?
Bullshit, I was homeless and took showers in forest preserve showers. I biked there from the city.
+SBdunks3 Grats on being resourceful. Most aren't.
12 years and a 23% inflation....and some people wonder what happened to the American middle class.
holidayhouse03 thanks obama
holidayhouse03 The fallacy of spread the wealth destroyed the middle class. Now there is only lower middle class, poor, and rich.
If you do the math you find it averages 1.7% per year, which is an excellent rate. Not too high, not too low. So I don't really understand the point you are trying to make......
Jack Leak no theres middle class still
The Koala kingdom SHOW .... Yeah I know... I'm part of it...$52833/year plus benefits..
Bleeps out "sh*t", proceeds to say "fuck" uninhibited 😂😂
You'd figure a homeless' priority would to you know get a home
I've been fundraising online for years, just for an old RV to live in. I have an entire sci-fi series that I want to film with it, which will also boost my ad revenue, and put me on a path to success. I'd even be able to actually hold a real job again. I wish someone would just have some faith in me. There's literally so much that I'm itching to do with my life, but can't, because I'm stuck living in my dad's noisy kitchen between the sink and the living room TV. I can't even eat a slice of pizza without being bothered and needing to move over for family to pass by. It's killing my soul. I just can't live or work like this.
Network126 I feel really bad about you
Network126 are you doing better now? Sorry if that’s a rude question.
That's exactly the problem. People are getting used to the way they live. Changing your life is a risk and humans, as dumb as it is, prefer to be comfortable and without risk. This would even happen to a human spending decades in hell, if offered a place in heaven. That guy would be so used to the life he got, that anything else seems like a too high risk.
"Nah, I'm good."
So throwing money at homeless isn't solving the problem, as the problem is the mindset these people have grown into. This is worse at countries were everything is connected to a false sense of "freedom" to keep.
If you throw money at them, they will spend it how they are used to spend money. If you want to change the mindset, you got some serious and very careful work to do. One wrong step and word can throw them off instantly. As soon as they feel forced in a direction, they will stray off.
So why help them? Well, first because people like me get paid to do such stuff. (Yeah), secondly, because it is the right thing to do. And if you happen to be religious (I am not) helping those in need is kind of mandatory for your believe system.
He’d been on the streets all his life. Homelessness wasn’t scary to him anymore, which is in itself a scary thing; once the supposedly worst case repercusión beyond prison is no longer an effective deterrent, what do you have to lose? I had an ex who was homeless for a few years. They admitted they would sometimes feel urges to just go back to living on the streets; there was the freedom to go anywhere, no responsibility, no boss, nothing to lose
Why is the video not listed?
Jacob Resch and women hate when that happens!!! Ba-dum-dum
LeSpeederus because Simon Dick Whistler is an elitist
LeSpeederus its called R"eversal of Fortune". He had the imdb link under sources
The title of the documentary (Reversal of Fortune), is mentioned at 0:30, and is also listed in the description above.
LeSpeederus I hope you are joking
Ok, so... now let's take a legit business man, a CEO or something, and documentarize him, as a homeless man, then set him loose, WITHOUT the windfall, and see what he does. can he claw his way back to the top?
Tizona Amanthia bit cruel, but I like it. Maybe just do it over their business's quiet period, get them a replacement, and let them leave and go back early if they choose to. But yeah, can someone do that?
I do really like that idea. The pitfalls are different though. While the poor man's fear is running out of money, the rich man would likely get stabbed on the streets.
As another comment mentioned, he would, easily. He'd still have his reputation, his business connections, his education, not to mention a lack of the severe mental illness and/or addiction issues that often plague homeless people.
That's what I was figuring, he'd start small, save up a little go bigger, and escalate from there, perhaps. or he might just talk somebody into a loan, to fast track it outa there. but I sorta wonder if he DIDN'T have his business connections OR his reputation. only education, life experience, and mental health. I mean, homeless people don't have the same reputation and connections as a CEO.
Tizona Amanthia Thing is, that man probably already has qualifications that will make the climb easier. Experience and probably a degree will help immensely.
I know a guy who this has happened too. He received a large inheritance, $800,000 or so, but could not say no to people. He basically adopted a struggling, disabled (mentally and physically) person for some reason. He bought him a car because he didn't want to take him to doctor appointments and confessed to spending probably around $200,000 on him. He felt he could have done more with that money but didn't want to listen when I advised him against this spending. He too is a bit touched so I didn't spend too much time on it. I never followed up after our argument so I don't know what happened in the end. He still has money but not as much as he should. He also loaned $25,000 to a co-worker. She got a windfall later but didn't pay him back. He wasn't looking for her to do so but considering his own condition I felt she should have. I don't think she should have taken it. Then again, maybe she really needed it.
Dang, I’m just now finding this channel? Always interesting topics! I particularly enjoy reading along to what he’s saying. Awesome stuff!
4:15 to see what actually happened
People just need more financial education
Zjura Eventide but there's the other homeless man, who got given $1,000 dollars, and actually turned his life around with a motel room and a job.
regan thompson yeah he played his cards right with 1000 if he had 100k then he would do even better or maybe be overwhelmed with that money and go downhill
Shame Schools don't bother teaching you important aspects like that.
given way more money than you need will screw your psychology and decision making process, that case with 1000 dollar is actually much better because the person is forced to plan his spending knowing that money isn't much, and would gone with just one bad decision
it would cost about 55 billion dollars to give every single homeless person out there (554k as of 2018 google search) 100k. that's about half as much as the latest tax cut gives out to the rich each year.
I randomly came across this video somehow and find it very interesting. I was a victim of a dog attack late last year and was recently given a large settlement. It is insane the dreams we talk about "if we had that kind of money" but its very different when you actually have that money. It is so easy to want to go out and blow it immediately, financial advisors are a pain in the ass BUT they have experience with people in the exact circumstance, so the advice is worth listening to.
10:49 Flowers for Algernon reference!!
Why not insert clips of the actual video?? :(
Most likely copyright issues
dealwithitxo Risk of copyright issues perhaps. Not all companies care about fairuse
copyright DMCA
probably because they don't want a copyright strike, kitten.
We don't have rights to do that and relying on even legitimately executed fair use on CZcams is a great way to get strikes against a channel. :-) Three strikes in three months and the channel is gone. And when you put out videos every day, that's just increasing odds of getting said strikes. So we make sure we always have rights to content we show. It's expensive, but makes sure we don't wake up one day with our years of work gone. :-)
This guy's left eyebrow is always higher than his right.
He certainly was generous to his friends.
Mr Beast: “hold my beer”
He could of invested it and withdrew $25 a day on top of his $25 he was making from cans and doubled his livelihood without reducing the money.
buryitdeep daym
if there are any rich people willing to throw some money my way... that'd be great
They're rich for a reason bub
I REMEMBER watching this when it first came out. The guy made bad decisions but You see people do that all the time. He was actually generous with much of the money but I question his motives as not as much as selflessness as being important to those people even for that short amount of time. He did however come off. As a decent guy though. That truck killed his cash along with buying the kid a vehicle and burning cash at the bar.
In the end I’m not judging his decisions...To easy to quarterback someone’s decisions after the fact when I possibly may have done similar in those shoes.
that was the first video of yours i have ever seen, it was great! subscribed! :)
How's there only a couple hundred views and only 4 comments?
***** that's odd, I didn't have a link or anything. I'm not even a subscriber, I just seen it on their video page.
billy mccabe People are shy.
Calvin Hodgson lmao this is the internet most people are anonymous here. Why would they be shy?
Drug free? Don't kid yourself. Alcohol is a drug just like any other.
Ludwigia pilosa "OTHERWISE drug free"
Ludwigia pilosa coffee is a drug
FoolishInk not quite. caffeine is a drug. coffee, and even soda, are vehicles muling the caffeine into our systems
+Chris Quint that's as pedantic as saying THC is a drug, marijuana is just a vehicle for getting it into our bloodstream.
The Large Hardon Collider Which is also true.
Just like saying cigarettes aren't a drug.
U never know who your true friends r until you're in need a friend in need is a friend indeed
Kudos for the 'Flowers for Algernon' reference! havnt reas that book in years!
I'm sure that the producers didn't want a homeless guy that would buy a small home and a sensible car with $100K. They were looking for someone that would blow it and ruin his life, so that the show would have an audience.
ChristiRich ^this. And then the audience can feel smug about how much better they think they are then him.
very true, but a story with a happy ending would also have an audience. Such a shame.
How did he ruin his life he was already homeless. He just got to blow money and have maybe a little fun for 8 months then went back to being homeless again. I'm sure the show would of done just as well if he would of turned his life around. Everyone likes a comeback story.
ChristiRich I’m pretty sure that this would happen to at least 9 out of 10 homeless people. Most of them would probably just spend it all on some crack or heroine. Living on the streets for years is like living in jail for years, if you know how to, you can reintegrate back into society, but most of the times, they just don’t know how to function in society after that, and just go back to their old ways.
They did this over a year ago with a man and bought him a home and helped him secure a job amongst other things - from all accounts he seems to be living a stable life. This whole incident was an intentional “watch the gross poor fail so you can feel smug about it”, and in no way represented a truthful or hopeful message about the impoverished.
If I have received 1 million dollars, I will use it on my start-up, allowing the new technology to be available sooner.
That amount of money is laughable in the tech sector. You'd basically have enough to design a logo, then you're bankrupt.
+Brett PGH that's ONLY IF you have totally NO knowledge in ANY technology sector. In that case, you shouldn't be in the technology sector to begin with.
Your opinion is laughable in the engineering community, $1000 dollars was already enough to change the fate of a village, you would have totally no idea how much 1 million could do. The good news is, we do.
Thanks mate. It's not hard to figure out that a person who SAYS they could change the world with a thousand dollars, but can't actually manage to make anything at all happen, is full of shit. Period.
+B justice I appreciate the time you have taken to respond to my message, unfortunately I have to work with a person in real life in order to decide whether it's possible to become potential partners, my requirements are high, and the line is long. So if you are really interested, could potentially travel to Melbourne, I'm happy to discuss. Given that you really have the ability you claim to have.
However, in your response, you forgot to take into account of the possibilities that an engineering community may provide, especially if your university ranks number one.
I personally started with a 5 figure earning while I was 18 in high school, simply because my initial start-up required nothing but programming skills and a computer, I was providing private server side of some famous online games(illegally). As you can see, our team never needed any funding to maintain this start-up, in fact, everyone initially volunteered, and never expected to earn anything, it was more like a hobby project.
Fast-forward to today, now that I have done my Mechantronics engineering degree, I was able to obtain more connections in the engineering student community and the industry, personally knowing many successful entrepreneurs give me a huge advantage over others.
Paying employees is never an issue, and it should never be an issue for a start-up. If you have a team that expected to be paid with a new start-up within a year or two, then OBVIOUSLY something is WRONG with your team.
Why wouldn't people expected to be paid? Because you only gather people who already have the skill sets, and most importantly are passionate about what they do, when that happens, your team should not require salary and may even chip in for start-up.
Believe or not, these are precious experiences that I have learned from my past and many successful entrepreneurs. I can see that you never had a start-up, so I hope this insight is helpful.
Why do I need the funds? like what you say, often on equipment and parts. However, you will learn that the amount of time you spend is inverse proportional to the cost that you will pay. Engineers are very good at saving money when enough time is given. Plus, you can always call for favours given that you can provide future benefits to entrepreneurs. Again, your response have shown that you are probably not an engineer either, so I hope this is helpful for you too.
Lastly, I have to clear one misconception, no start-up invent technologies, that's only what science institution does. A start-up only take an existing technology to make it better and more suitable for customers, no exception. Tesla is a good example.
It is very out of character for me to reply sincerely with such important information, I hope you don't waste it.
PS: +Brett PGH Jesters like you are what remind me why I was able to be successful, but many others don't. There is only one place that is full of shit, and that's where your thoughts are from.
Maybe you should take him seriously B, I mean this is an 18 year old who started out earning 5 figures...just right off the bat. If you just move to Australia and don't expect to be paid for a couple years, you too could be on this rocket ship to success.
Sounds more like he was too good of a person and cared about helping others more than helping himself.
I love Flowers for Algernon. I like to think of it as a story about aging and how when we are young we don't know much, then we grow up and know a lot and then we grow old and start to forget everything.
Proverbs 23:4-5
Saying 8
4 Do not wear yourself out to get rich;
do not trust your own cleverness.
5 Cast but a glance at riches, and they are gone,
for they will surely sprout wings
and fly off to the sky like an eagle.
I'm glad that Simon ended the way that he did; giving a homeless man more money than they are used to will end in the same way that giving anyone else more money than they are used to. Shock someone into bad habits and they will continue those bad habits until they cannot whether they are well off or on the streets.
I feel he showed a lot more perspective than the documentary writers did. After all, if I was given a 100,000 dollars I might like to think I'd be smart about it, but I know I'd probably spend it all on something exceedingly silly.
Well, yeah. Whatever you get, be it silly or serious, it must be something you could afford to maintain without the extra money.
I'd buy a car and go on holiday.
100k isn't really enough money to do anything significant with, a million is a little better, that you can buy a house with and have the leftovers to put into a savings account.
I'd put it towards a house. The difference is I am employed so I could actually afford to maintain a home and paying 50% down on a home lowers your interest rate. That much cash would genuinely help me since I have no interest in buying hookers and blow
you're happy that he's homeless and in debt now? instead of being just homeless?
it would cost about 55 billion dollars to give every single homeless person out there (554k as of 2018 google search) 100k. that's about half as much as the latest tax cut gives out to the rich each year.
I once chatted to a homeless guy who had his sleeping place in a hollow tree in a city park. I was shocked to find out that this guy was very highly educated, he'd gone through uni. He told me he lived in the park as he prefered it to living in a home and he liked to be free to do whatever he wished.
I found the flowers for Algernon effect very descriptive in this case. Such a sad storyline, l read it in English class in eighth grade. That was 1970..... The world is slowly spiraling down into a quite unpleasant place.
As the saying goes “you can lead a horse to water, but you can’t make it drink!!!”
Also who said this guy hates his life? He said he was happy?!?!
Like tf did they expect? Like seriously.... you selected a person who said they didn't want to work, couldn't be bothered with working with people, and ultimately didn't care about the fact he was homeless. That's a fucking terrible candidate. I've known some people who bounced back from homelessness, and they wished they couldn't found $100k when they were struggling.
I feel this is a stereotypical story meant to reinforce the narrative upperclassmen want to have about the less fortunate, essentially that the rich are rich because they are better people. Rubbish.
Do you have any evidence that homeless people in general will do any differently than this guy did? Or are you just signaling how virtuous you are without any facts to back your argument up?
Kelly
As I said in my original comment, I personally know people who have recovered from homelessness, and they are doing well for themselves now.
I find it funny how you blindly accept the idea that homeless people are just destined to end up back where they started. Several famous people and celebrities were once homeless at one point in time. People end up in homeless for various reasons, some maybe from their own decisions and some from situations beyond their control, and there are a few who actually want to live their lives that way. However, in this particular situation the money would not benefit him because as he (Ted Rodrigue) said himself, it was too easy for him to say "to hell with it" and give up. He didn't want to work. He said that he liked the fact that he could spend the day at the park not doing anything if he wanted to, rather than having a job. How is that the best candidate? Especially when there ARE homeless people out there who are actively working to improve their condition, how was Ted the best choice?
It seems that YOU are the one with a false sense of virtue, if you actually believe all homeless people are the same, rather than being complex individuals who have varying work ethics, education, skill sets, aspirations, desires, and the capacity to rise above their current situations provided they have the right mindset and awarded some amount of opportunity.
The other option was a person that would want the money, which is a terrible candidate since he would be Greedy, Ted is a good character as he was modest and was not addicted, its unfortunate that he ended up trusting people only to get backstabbed
TBH the person they selected (as hinted in comments below) kinda makes things worse. they COULD have selected a homeless person who was desperate to get out of there, or a homless person who was not always so but just recently came upon hard times or something, i think it would be quite a different scenario. Honestly $100k is NOT much, considering you start at nothing, 100k would be enough to get back to a relatively decent life (did he say the guy was from pasadena? that's an expensive place to live btw). It's more likely that a person who just recently came upon hard times, given 100k would just use it to bounce back to how he/she was prior to the hard times, (ofc we'd ALL splurge a BIT). The man in the video DID NOT WANT to be a functioning member of society, and I GET IT, honestly I DO. There's al ot about being a functioning member of modern society with a job and a boss etc that's REALLY annoying and he KNOWS he can function without all that, he's DONEIT, so why would he bother to make effort into changing his life to become one of those people with a job, a mortgage and a boss?
ALl in all the setup of the movie/video or whatever seems to be flawed, they set it up in such a way that they COULDn"T have reasonably expected to get any other result, come on, the MOMENT simon mentioned what the homeless guy was like i IMMEDIATELY knew exactly what was going to happen.
warewareno that's the whole point, you need a candidate who is having some problems, to see if he can take advantage of the opportunity and change, because it was an attitude thing, he wasn't stupid or mentally ill, you don't want to experiment on someone who just had bad luck, ultimately a homeless will have bad attitude towards working unless he was sick or had really bad luck
Give me a million and I'll make it last and grow through the decades. I'm not a materialist, I'm a minimalist. I keep anything and anyone that doesn't have massive meaning out of my life.
I was homeless when I was a runaway as a kid. The truth is, once you survive at the bottom, the system kind of doesnt matter to you anymore. Most people live their lives in fear. Fear of falling through the holes in the system. They're terrified of being the homeless bum. It's hard to intergrate when you've already been there because you no longer have that fear and are a much freer person.
I'm going to use this in my book possibly thx u
If I won lotto I'm 99% sure my life would be better. It's hard to explain but I know I could handle it. I don't make much money now but I'm very good with balancing my bank account. I would also share some with the people in my life I really care about. I would never turn to drugs or alcohol as well. I guess I will probably never know 100% because I don't play lotto. It is a tax for people who are bad at math.
Well, if you like your family, you wouldn't give them a bunch of money all at once either. As the video says, lots of people who get a bunch of money out of thin air ended up worse off.
I would just pay off loans or buy them a car. I would not just hand over cash.
Well, that's part if it isn't it. The people who are smart enough about money to handle winning the lotto are also the ones statistically minded enough not to play.
lotto isnt that expensive one or two tickets in a week isn't that bad, anyways you will lost them drinking cocacola or in other shit.
and im not bad at math
he kinda liked being homeless, I ve heard that before. I wonder how many homeless people think that way
I have an employee like that and to me It does not make any sense to me.
Its not that bad honestly.
@@shanemccausland958 I imagine, as long as one isn't victim to crime or lives in a place with nasty weather, that is perhaps true...
Not for me though, I felt in hell the couple of times in my life I went camping
Three years after asking, and one answers, lol. I do. Im free.
@@hippiehippo9030 isn't it funny how it took them all 2 years to discover my comment :P
I remember seeing that special, it was quite depressing.
Until you address the underlying problems it won't help. A person needs to be striving to move forward first and they have to do that on their own.
I think trying to move himself anywhere was the downfall of this man. I think the money would have been really helpful for him if he had decided to strive to stay where he was and just be more comfortable. Stay homeless, stay your own man, no one above you, AND new shoes on your feet.
Not only interesting, but inspiring. I have struggled my whole life, but due to not finding opportunity or what I see as opportunity for me. Really is quite simple, we should seek for the pleasure of life that brings happy feelings, and if that's being totally free to be where you are, then so be it. For me, time to get educational about money. As clearly, that is the answer. Not amount, but rather management.
i was homeless and barely got a nickel given to me.
*edit Im glad too i wasnt given charity made me help and fix my own problems on my own being it was my faults and misfortune that got me there.
Dan LaBrecque most people want to judge rather then be kind or helpful as this comment section shows.
Dan LaBrecque I would have just been happy for people to have refrained from calling the police on me all the time when I was living in my car and minding my own business.
ya same here i lived both on street and in cars. its amazing just sitting in your car is such a problem to many. Evidently wouldnt want to be there if u had a choice. I learned much about humanity in that time and im glad im in better place not cause of charity but because i made changes and did it myself
Dan LaBrecque, that's really inspirational
I heard this before that having a car is more important than having a house when you go homeless.Guess that is true ,after all you can sleep in it ,can get you to work...it is really inspirational since most of people get panic attacks just thinking of going homeless.
Odd how many people claim that they're the 666th viewer.
I think we have another CZcams bug because I am seeing 666 views - imgur.com/a/etUaR
I was the 217,666th viewer... weird.
484,982th viewer
I´m Spartacus!
Having been in a potion of helping people, I know full well that you can't help someone who doesn't want to be helped. The moment Ted started talking about doing whatever he wanted, whenever he wanted should have been a red flag that he wasn't going to be willing to work to change his life. You have to want that change and be willing to work for it and if you aren't, no amount of money will make things better for very long. Sometimes people really do just have bad luck, but usually they are where they are because they aren't able to motivate themselves to do things differently. Someone who really wants to change their life for the better often will, regardless of whether or not they have money.
The root problem is he took someone who was generally happy going about his business and tried to essentially force a change.
Someone tell these people about index funds.
YankeeSpirit or triple leveraged etf
lol tell me about em
what is an index fund
@@sonianicolem.6290 think of it like a bucket of stocks
@@sonianicolem.6290 you can buy etf s&p 500 index funds. Just search "S@P 500 ETF"
Instead of Sex-Ed schools should teach kids how to save and spend and change car tyres, and how to work an electricity box and everything
Because sex Ed isn't important?
Why not both rather than picking one over the other
We need to do more to help our growing homeless population. Food, a safe place to sleep, and mental/physical health services for starters.
The advise of the financial advisor is exactly what Machiavelli says about gaining the position to rule
..."I'm an alcoholic, done all the drugs you could think of, and im actually HAPPY about being homeless"
seriously, this wad someone who was worth the money? I haven't watched the entire video , so I havent an idea of what he did with the money, but I already know that there are people with kids they'd love to see grow up, family members they'd love to go visit, and other things they could do if they weren't homeless.
you could've at least gave it a veteran.
But it's a dollar in the thumbnail
CherryRibble MyButt backwards clickbait
Mark Ostermayer respect
Well, it's not exactly easy to find a picture of someone giving a 100,000 dollars to a homeless person...
"Here have a dollar."
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it would cost about 55 billion dollars to give every single homeless person out there (554k as of 2018 google search) 100k. that's about half as much as the latest tax cut gives out to the rich each year.
Awww...sad story. My sister also wastes money but doesn't realize it. She has also been in a couple shelters but doesn't like anyone from the family to give advice. Everytime I give her money she wastes it but says she knows what she is doing so I stopped trying to help. 😔😓
According to what you said, 1/3 of people who get some sort of windfall fail dismally. What about the majority... the 2/3 who don't fail? Are you only concentrating on the failures for sensationalism or to discourage people... or are you going to tell us something with the other 2/3? Because they interest me more than these do.
+Ebba Lytle No news is good news :) I'm sure Don Henley's "Dirty Laundry" is here somewhere, that explains a lot :)
How bout we see what happens when you give $100,000 to a person who works their ass off everyday
Exactly. You hear stories of single moms working two jobs Etc. that would be an excellent idea
+1 for "Flowers for Algernon" reference
I was homeless four years ago. Got sober, and now have a house and truck paid off. I'm 32 and rising.
I hate that the edge of your glasses keeps disappearing every time you turn your head because of the green [black] screen in the background.... super annoying
Alcohol is a drug! he told them he3 consumed alcohol since 13 years old. But he doesn't use drugs. REALLY!!!!
thagrit so if caffeine, your point is worthless
@@taffyjock1 it's not worthless it's just shows you what cunts the government are they let you use alcohol and just use different words to describe it and people are so dumb they don't realise it's a drug and it's a good drug to give people it makes them forget
@@djimma5080 your reply is also worthless
Another red flag was the "I like being homeless" and *I know how to survive out here and don't mind saying to hell with you*
@@voracioussergal9360 Shame you couldn't find a dictionary
I like that subtle quip on the inflation since 2005 haha
I know someone who has been homeless off and on for 20 years. I have come to the conclusion that he prefers to be homeless. Despite any help or opportunities he is given he will squander them and end up homeless again. I truly believe it is how he wants to live. I also believe this applies to most homeless people.
We are the few chosen ones :ooooooo
the sad thing is that the math is all so simple a middle schooler can do it. its all just addition and subtraction, multiplication and division, percents and fractions. the most rudimentary math will get you through, but people seem to have a lack of forward thinking.
Flowers for Algernon that's a really esoteric book that reference there at the end with a complete mispronunciation of the mouse's name as well as saying of instead of for though... Was surprisining to hear
2:54 'he considered Mike his own son. whether the feeling was mutual or not'. i laughed even more than when you said 'sore' instead of 'saw'
well, that was depressing
"Dealt a bad hand?"... A homeless, ex-con, alcoholic? There are so many better choices of people who were "dealt a bad hand." Pfft. My childhood was way worse than that but no one's giving me 100k. It's mostly just "Rub some dirt in it."
"unwillingness to share"
If I have $100,000, I have no duty to "share". It is I who has it.
Homeless people don't need money, they need houses.
The thought is probably well meaning, but it would be more helpful to give 10,000 homeless people $10 each. You do that and you feed 10,000 people for a day or two depending on what they spend it on
Bummer, we all think we would do better, but the friends and family thing is the real problem.
In 2008, I met a person who was homeless, and, at the moment, sober and drug free. At first he seemed to be turning his life around, he went through a 2 year recovery facility, got a job, rented a house with a roommate. I later found out he started drinking and using again shortly thereafter, and ended up back on the street. I saw him go through this sequence several times, get sober, get a job, seemingly on the road to a better life, but each time, when he relapsed, he lost everything and ended up homeless again. He eventually revealed that his family had watched him go through this crash and burn cycle so many times, they refused to have anything to do with him unless he was on another up swing. Just as Simon indicated in this video, there must be a seductive lure of living on the street, and not having to answer to anybody. Or maybe it's a type of thrill factor that brought him back down each time.
Eventually, my acquaintence paid the price. After making a few half-hearted attempts to once again achieve sobriety, he was struck by a car and killed. Witnesses reported that he just stopped in the middle of the street, and made no effort to avoid the vehicle bearing down on him. At that point, it may have been that his brain was so scrambled, he thought it was a DT hallucination; or maybe he wanted to escape the vicious cycle once and for all.
This video was so hilariously satisfying. They need to make it into a movie! New age "Trading Place" of sorts