Tik Tok's Financial Advice Is Still Insane

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  • čas přidán 20. 09. 2023
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Komentáře • 731

  • @chandlermiller3944
    @chandlermiller3944 Před 8 měsíci +2990

    Freelance auditor is a hell of a career, but it is better financial advice than fraud.

    • @mikemikemikemikemikemeup
      @mikemikemikemikemikemeup Před 8 měsíci +252

      It’s sad that his advice was actually the best in this video.

    • @xiuxiu1108
      @xiuxiu1108 Před 8 měsíci +143

      Unironically based but definitely an extremely tiring job if you choose to make money that way.

    • @nourmuhsen
      @nourmuhsen Před 8 měsíci

      ​​@@xiuxiu1108Exactly lol.

    • @Nightknight1992
      @Nightknight1992 Před 8 měsíci +1

      dude is proud of tricking white women into gang rape, names charleston white, hes easily one of the worst humans alive

    • @fclp67
      @fclp67 Před 8 měsíci +1

      ​@@giovannigutierrez6916thats where you make the big bucks brother more small business less safety

  • @atrioc
    @atrioc  Před 8 měsíci +1778

    Heads up that guy at 1:06 is not committing fraud. I misunderstood and thought he was trying to get one over on insurance companies by underpaying for life insurance, which is something that will never work.
    What he's saying is just to give the life insurance companies money your whole life (instead of putting it in the market or somewhere it will grow faster). (They take a cut from every payment for administrative fees btw)
    Eventually they will have a big pile of money in your "life insurance fund" that you built up over your life.
    When you are old, you can take out a loan against that built up cash value. This loan is tax free... but it comes with interest. So either you die and the payment covers the loan, or you live and the interest keeps accruing.
    EITHER WAY THE INSURANCE COMPANY will be the winner. The death benefits they calculate are always in their favor. This is a fine way to have "forced savings" - by paying monthly into something you can't access it stops people from being stupid with their retirement money, but it's profitable for the insurance companies - not you.

    • @ryanmitchell4426
      @ryanmitchell4426 Před 8 měsíci +146

      I found that one very amusing because I spent several years dealing with a class action lawsuit against a major insurance company that was, among other things, marketing life insurance as investment plans.

    • @wumbojet
      @wumbojet Před 8 měsíci +20

      You should pin this big A

    • @Soundwves
      @Soundwves Před 8 měsíci +10

      u gotta pin ur own comment big dawg (good catch tho)

    • @16960734
      @16960734 Před 8 měsíci +4

      Yeah i was gonna say its not fraud they call it whole life insurance (or infinite life insurance) and a bunch of gurus and weird people promote it. Its not illegal, it is super super confusing, and it is obviously a bad idea even though i can’t explain exactly why. And also this guy is advocating a toned down version where you wait until retirement to take a loan out, most people tell you take a loan out immediately when you get the policy.

    • @blaizakin90
      @blaizakin90 Před 8 měsíci +6

      You can borrow from whole-life policies whenever. All interest goes back into your whole life account meaning if they charge you 500 dollars of interest your policy is worth 500 more dollars. When you die your kids or whoever you have as your beneficiary get that money tax free. It's not the highest earning investment but its a relatively safe investment that would be a good option for families. Just go with a reputable company if you are buying life insurance. Its not the end all be all of investing and not the best option for young and healthy people, but if you put a small amount into it at a young age it can be a good back up especially during market downturns since your account does not go down with the market.

  • @_xeere
    @_xeere Před 8 měsíci +801

    I think Bezos would pick up the $10, not because he wants it, but because he wants to deprive someone else of having it.

    • @watema3381
      @watema3381 Před 8 měsíci +48

      This is absolutely hilarious and made me laugh way more than it should've

    • @gavintantleff
      @gavintantleff Před 7 měsíci +34

      There’s a study that says the richer you are the more likely you are to take candy from a child

    • @i_i8924
      @i_i8924 Před 6 měsíci +2

      Game Theory 101 🎲

    • @Eval999
      @Eval999 Před 5 měsíci +1

      lol ok bro

    • @notmenotme614
      @notmenotme614 Před 3 měsíci +5

      If it takes Bezos 5 seconds to pick up $10 he’s dropped on the floor. And he’s not doing anything in those 5 seconds, what else is he going to do? Of course he’s going to pick it up.

  • @bigedwerd
    @bigedwerd Před 8 měsíci +1320

    At first I thought that guy suing the companies was obnoxious, but I realized that he's a hero. We need more people like him to help crack down on bad work environments.

    • @fishbowel4601
      @fishbowel4601 Před 8 měsíci +13

      Trust me we don't need people like him

    • @bwhatsonn
      @bwhatsonn Před 8 měsíci

      why not @@fishbowel4601

    • @fishbowel4601
      @fishbowel4601 Před 8 měsíci

      @@bwhatsonn he is a rapist

    • @YT7mc
      @YT7mc Před 8 měsíci +190

      @@fishbowel4601He’s probably annoying day to day, but there’s a reason he’s able to do what he’s doing. You have to be able to hold work places accountable, otherwise they become less and less safe.

    • @fatnose0
      @fatnose0 Před 8 měsíci

      ​​​@@YT7mcmaybe I'm confusing him with someone but isn't he the guy that went on fresh and fit admitting to gangbang rape.
      Edit: Looked up the guy and ye it's Charleston White, quote: "we used to do it where we'd just walk in with dicks out, not even ask for permission" "we'd run trains on these white girls"

  • @Nic_ZA
    @Nic_ZA Před 8 měsíci +1389

    I don’t have a financial problem, I have a gambling problem

    • @BeefFondler5000
      @BeefFondler5000 Před 8 měsíci +119

      the only gambling problem is not gambling enough

    • @Nic_ZA
      @Nic_ZA Před 8 měsíci

      @@BeefFondler5000you lose 100% of the bets you dont take

    • @komoset69
      @komoset69 Před 8 měsíci +62

      You only lose when you stop. Keep up the hustle king!

    • @PineappleSquuid
      @PineappleSquuid Před 8 měsíci +39

      It’s not a problem if you win

    • @lenny8511
      @lenny8511 Před 8 měsíci +51

      When gambling you can win 1000% of your money, but you can only lose 100%. Do the math.

  • @acetrainerben
    @acetrainerben Před 8 měsíci +351

    So many of this tiktok advice boils down to "take out loans"... I'm starting to genuinely believe these people are bank plants LMAO

    • @peterlenza8320
      @peterlenza8320 Před 7 měsíci +48

      It's not just take out loans.. it's take out loans for the loans on your loans! 💀💀

    • @TheGuruStud
      @TheGuruStud Před 5 měsíci

      Tik Tok is a psy op to destroy the US (good ol CCP). US govt doesn't care, so why not hop on and benefit yourself, too.

    • @PeferG17
      @PeferG17 Před 4 měsíci

      @@peterlenza8320 too many people don't understand the concept of leverage and are vastly over leveraged. I saw someone once renting out houses, and then the had loans on each of the houses to get the next house, they had like 6 houses... it's like a giant house of cards made a home loans... hell they even had private loans since after two houses the banks were like no fucking way... anyway point is don't over leverage yourselves

    • @lolyakable
      @lolyakable Před 16 dny

      At least they got the spirit because debt is actually a major part of wealth if you don’t know how to loan it’s gonna be difficult to scale whatever you got going on rn

  • @jackrangaiah4236
    @jackrangaiah4236 Před 8 měsíci +510

    the guy suing all the companies is essentially those hackers that find problems with google and get payed tons of money for it

    • @thelastguardin8079
      @thelastguardin8079 Před 8 měsíci +13

      Those two arent rly comparable

    • @dickurkel6910
      @dickurkel6910 Před 8 měsíci +56

      They usually only get paid when there's a bug bounty, which means that Google is directly paying them, so not exactly the same as suing companies.

    • @thatonegoblin8722
      @thatonegoblin8722 Před 8 měsíci +4

      paid not payed

    • @sidharthghoshal
      @sidharthghoshal Před 2 měsíci

      @@thelastguardin8079 they are philosophically identical

    • @sidharthghoshal
      @sidharthghoshal Před 2 měsíci

      @@dickurkel6910 nah a typical strategy is go to a company, warn them you found a bug. if they refuse to chat/patch then you short their stock and release a report.

  • @SockimusPrime
    @SockimusPrime Před 8 měsíci +149

    Love that hustle-bro mindset: are there things in your life that bring you joy, like your girlfriend, your dog or your hobby? Well stop that, and become a psychopath who only values profit instead!

    • @WARnTEA
      @WARnTEA Před 8 měsíci +28

      What you aren’t a fan of working 18hours a day and pretending that you just experienced 3 days without rest/sleep?

    • @mallardofmodernia8092
      @mallardofmodernia8092 Před 8 měsíci +10

      @@WARnTEA don't you mean 25 hours a day? 18? Those are rookie numbers we need to bump those numbers up.

    • @anonmouse15
      @anonmouse15 Před 5 měsíci +5

      You can also label yourself as a slave into the bargain, too.

    • @Tiernan422
      @Tiernan422 Před měsícem +1

      I like how there’s genuine value in finding something you’re good at and love and can commit like 10-12 hour days at the beginning to get it up and running and then have a successful venture
      But the entrepreneurship ecosystem is so bloated with all this dumb stuff

  • @3ricbae
    @3ricbae Před 8 měsíci +178

    99% of gamblers quit before hitting a zillion dollars!

    • @Hex...
      @Hex... Před 8 měsíci +2

      I’m amazed that even 1% do

    • @Folktales000
      @Folktales000 Před měsícem

      ​@Hex... it's like a ancestral DNA test, 99% with a 1% margin of error

  • @eb9782
    @eb9782 Před 8 měsíci +83

    TikTok grind culture doesn't seem to understand that grinding 18 hours a day on felonies just makes you a more egregious felon

  • @Saucetin.
    @Saucetin. Před 8 měsíci +790

    Me living the last 5 years of my life never downloading TikTok has been the best thing I could’ve ever done

    • @callummcneill6266
      @callummcneill6266 Před 8 měsíci

      Whenever I did try it out it repulsed me and I immediately uninstalled it

    • @maxtrainor8401
      @maxtrainor8401 Před 8 měsíci +36

      Do you want a prize?

    • @obd3448
      @obd3448 Před 8 měsíci +29

      would you like a prize for that unoriginal comment?

    • @obd3448
      @obd3448 Před 8 měsíci +17

      ^ to max not mr austin. for any of those who are confused

    • @lilgruntingbear
      @lilgruntingbear Před 8 měsíci +10

      so true also dw you aren't missing anything

  • @TwoRatsBanging
    @TwoRatsBanging Před 8 měsíci +124

    The guy who sued every company is my Hero

    • @fatnose0
      @fatnose0 Před 8 měsíci

      He's Charleston White and a proud rapist if you look him up you'll puke

    • @snow5570
      @snow5570 Před 8 měsíci

      The guys name is Charleston white, he's a self admitted r4p*st. And has said live on instagram that chinese babies should be r-worded because he got into a beef with a chinese-american rapper

    • @whitestguyuknow
      @whitestguyuknow Před 8 měsíci +8

      That's Charleston White. He's pretty hilarious

    • @hellobruh4209
      @hellobruh4209 Před 7 měsíci

      ​@@whitestguyuknowhe's also gone on record admitting to ra**ing white women - drugging them and g**gbanging them.
      The more you know.

  • @coachmcguirk6297
    @coachmcguirk6297 Před 8 měsíci +732

    There is a major flaw in the logic with bezos not picking up $800 bills. The income he already makes in that 2 seconds is essentially passive. He doesnt have to stop earning in order to pick up the money off the ground, therefore it is worth it because it nearly doubles his income. If he is making $800 every 2 seconds, and he also happens to pick up $800 during that 2 seconds than he now has $1600 in 2 seconds.

    • @atrioc
      @atrioc  Před 8 měsíci +1199

      assume he's on the phone with lizzo closing major deals

    • @imanidiotforreplyingbut7465
      @imanidiotforreplyingbut7465 Před 8 měsíci

      Am I the only one who would just like cash out if I ever had more than 1 mil? Could live comfortably for so long just chilling, with time to actually have a hobby and stuff.

    • @imanidiotforreplyingbut7465
      @imanidiotforreplyingbut7465 Před 8 měsíci +1

      Maybe more than 1 mil but you get the point

    • @nathanielheron970
      @nathanielheron970 Před 8 měsíci +119

      Don’t you feel silly now

    • @door3979
      @door3979 Před 8 měsíci +75

      @@atriocassume he can bend over while on the phone😳

  • @Negasilver
    @Negasilver Před 8 měsíci +84

    My day starts at 6:00AM and ends at 6:01AM. Then my next day starts. That's 10080 days a week. I just choose not to use any of them.

    • @xkidgey
      @xkidgey Před 25 dny

      This sounds like the symptom of some kind of horrible disease! I think that guy may need to see a neurologist

  • @idiot2471
    @idiot2471 Před 4 měsíci +22

    “It is just theft” is a great thing to hear when talking about finical advice

  • @mikelombard21
    @mikelombard21 Před 8 měsíci +129

    This needs to be a series. These guys are so clueless it needs to be mocked monthly. Picking up after your dog is why you are broke.

    • @whitestguyuknow
      @whitestguyuknow Před 8 měsíci

      Yeah that redheaded dude is an absolute joke and misogynist. He had this crazy take where he fully believes if a man had absolutely no consequences to cheating on their wife then every man on the planet would openly cheat on their wives. _As if_ there isn't a large amount of men who _actually_ appreciate love, security, and faithfulness in a relationship. Particularly with the person you're gonna spend your life with. And it'd hurt their soul to cheat.
      I believe he tells himself that so that he doesn't feel like a POS for the cheating he's done in his life. Like, "It's just human nature! So why feel bad about it??" No, that's _your_ behaviour ya soulless redheaded clown.

  • @dylanvickers7953
    @dylanvickers7953 Před 8 měsíci +28

    The guy who just sues his jobs is fucking based and he’s a goddamn champion. I will buy that man a beer if I ever see him.

  • @vuubi1
    @vuubi1 Před 8 měsíci +21

    The company suing guy is a legit hero ngl

  • @obviouslyanonymous
    @obviouslyanonymous Před 8 měsíci +287

    As much as the "walked into the mortgage appointment with no job" video is obviously a bit silly, I think it's something a lot of people honestly need to hear. Too many people are scared to ask questions out of fear of looking clueless, but asking questions is how you stop being clueless.
    If anyone actually does try to make you feel stupid for asking a question, ask them how they learned it; they're probably gonna say they were taught by someone or the internet.

    • @Dschonathan
      @Dschonathan Před 8 měsíci +42

      Half of this is blatant fraud, the other half is basic "spend your money responsibly" advice packaged in a sigma grindset way.

    • @chetricker
      @chetricker Před 8 měsíci +21

      I mean, me and my gf did this unintentionally because we thought our beautiful 30 k savings would be enough for a mortgage. The guy from the bank was brutal but sincere. Was a very though day for us, but in hindsight made us refocus and reconsider the steps towards a house to more realistic ones.

    • @gdawgs101
      @gdawgs101 Před 8 měsíci

      ​@@DschonathanThe specific person they were referencing (the mortgage guy) wasn't committing any fraud...?

    • @Blaze5x5x5
      @Blaze5x5x5 Před 8 měsíci

      ​@@gdawgs101he prob just means the videos shown in general

    • @Blaze5x5x5
      @Blaze5x5x5 Před 8 měsíci +19

      Yeah like it was kinda good advice "gather info and have a plan for what you need to get a morgage" wrapped in some monumental stupidity "waste a bank employees time for the info instead of googling it"

  • @LukerYT
    @LukerYT Před 8 měsíci +137

    investor bros make girl math look like the Enigma Machine

    • @woodside4life
      @woodside4life Před 5 měsíci

      😂😂😂

    • @HaggisMuncher-69-420
      @HaggisMuncher-69-420 Před 16 dny

      It took a little LGBT twink a couple weeks to crack the Enigma machine.
      Let's not get too crazy.

  • @B1smarkk
    @B1smarkk Před 8 měsíci +37

    9:24 atrioc missed that you have to gaslight yourself into thinking that the car is for free

    • @Pyxyty
      @Pyxyty Před 8 měsíci +1

      Boy math fr ft

    • @bubba842
      @bubba842 Před 24 dny

      Yeah, if you keep the money then you have to have a loan which incures interest.
      Do you end up paying more for the car than you would have if you just paid cash.
      The only way it would work is if your interest rate for your bank account is much higher than the interest rate on the loan, which is not a thing.

  • @Atlastheyote222
    @Atlastheyote222 Před 8 měsíci +86

    The dude suing all his workplaces for safety violations is actually based af. He’s doing god’s work

  • @pnessi570
    @pnessi570 Před 8 měsíci +157

    The thing about suing your employer is actually more crazy than it sounds. Because companies have to hire an eeoc attorney to handle the complaint but the person filing the suit can gets an attorney for free. So companies will pay out for nonsense just because its more expensive to fight it

    • @richpryor9650
      @richpryor9650 Před 8 měsíci +4

      But aren't there exemptions like arbitration clauses and hiring managers being able to find out if you sued your last employer?

    • @frostbittenprophet4852
      @frostbittenprophet4852 Před 8 měsíci +14

      @@richpryor9650 Arbitration is removed when it is a Federal level incident.
      Example, OSHA doesn't care about your arbitrator if you operate your factor at 105degrees.
      The main thing I see is him suing for retaliation, because once you have a labor lawyer on your side, you can basically just tell the court the arbitrator is paid for by the company you are suing and they will agree that the judge should then be the arbitrator. The only real argument the company could have against a judge is that they are not as good as their arbitrator, which would be super sus.

    • @ArcG3
      @ArcG3 Před 6 měsíci +6

      The biggest problem I see with doing this is that all civil suits are in the public record and will appear on most background checks.
      If you have a record of suing employers, it's probably going to severely discourage other employers from hiring you in the future. And any employer who runs a background check on you will see your civil suits with your previous employers. That's the biggest way I can imagine this "trick" backfiring on you.

    • @richpryor9650
      @richpryor9650 Před 6 měsíci +4

      @ArcG3 One problem is that most businesses don't actually do background checks unless your applying to a high paying or important position like cyber security. If you're applying to homedepot or any place with a high turn over rate they couldn't be fucked.
      They'll just call one of your references and call it a day.

  • @foop145
    @foop145 Před 8 měsíci +88

    The delivery thing would almost never work. Delivery guys get people who do this (jokingly or seriously) constantly. This is why they'll occasionally ask you for the name on the order. If there's any question in their mind, they're double-checking. Even the ones who don't give a fuck will do this because if they fuck up and the actual customer doesn't get it, they're the one who has to drive the replacement back out there after getting yelled at lol

    • @pianopeach
      @pianopeach Před 3 měsíci +1

      I was with you until the end - If I give food to the wrong person, the customer may re-order food, but it's now a new order that's unlikely to be offered to me. I would get a contract violation, but once a delivery is finished (correctly or incorrectly), I'm on to the next one. It's also quite unlikely I'd get yelled at by anyone.

    • @seeker_of_knowlage3568
      @seeker_of_knowlage3568 Před 3 měsíci

      Nah not really

  • @T0NI_
    @T0NI_ Před 8 měsíci +62

    I think A misunderstood the guy with the slides for buying a car. Pretty sure he was saying that you should *own the bank* and give yourself a loan so that technically you never spent your money on it (or something). Which is infinitely funnier and more insane than what A thought he was saying in the video

    • @frostbittenprophet4852
      @frostbittenprophet4852 Před 8 měsíci +14

      I he kept saying, give yourself a loan, and I was like, but I am not a bank.

    • @CommissionerLofi
      @CommissionerLofi Před 8 měsíci +3

      Nice just own a bank

    • @guppy719
      @guppy719 Před 5 měsíci

      That is a thing that happens and it is bad (mainly in other countries)

  • @pizzajohnproductions1486
    @pizzajohnproductions1486 Před 8 měsíci +24

    Bezos pushing me on out of the way for that quarter for real

  • @loganmitchell2878
    @loganmitchell2878 Před 8 měsíci +11

    Civilian undercover OSHA auditor is my favorite so far, also, Tik Tokker Wallstreet is hilarious.

  • @nicoh848
    @nicoh848 Před 8 měsíci +10

    I think the “Mapping out the Millionaire Mystery” guy is just doing the classic scam tactic of weeding out the smart ones.

  • @simplyakoala7220
    @simplyakoala7220 Před 8 měsíci +24

    Atrioc watching Caleb Hammer's Financial Audit videos might actually give him a heart attack

  • @hexagon2178
    @hexagon2178 Před 8 měsíci +14

    the vigilante auditor was funny af ngl

  • @andrewkim9503
    @andrewkim9503 Před 8 měsíci +30

    There's one easy trick you won't believe! If you see people selling courses in any "fast-growing" industry, it's because the bubble has already burst. It's happened with poker, dropshipping, you name it

  • @andreww5773
    @andreww5773 Před 6 měsíci +5

    Man, get an 850 credit score, buy 5 wood chippers, rent each of them for a day 3 times/day.. millions brah.

  • @mattbenz99
    @mattbenz99 Před 8 měsíci +8

    17:28 The objectively best option is the 4k a week for life. That is 208k a year guaranteed. A safe withdrawal rate of a stock and bond portfolio is 4% a year. So 4% of 2 million means that you are only able to take out 80k a year. Now, if you take the 2 million let it sit for a while, that becomes the best option due to compound interest. But that requires patience to wait 10ish years.

    • @Sh1fted_X
      @Sh1fted_X Před měsícem

      Definitely, now I don’t know much about investing but I would use some of that 208k to buy houses and flip them. I don’t know if that’s the safest but it’d be fun

  • @willr4105
    @willr4105 Před 8 měsíci +10

    "This is why 20% of America is in the bottom quintile of money." - Atrioc 'Glarketer' Ewing

    • @tibetjones3450
      @tibetjones3450 Před 8 měsíci

      Dont forget about the marks or cucks who extort just to be cool, popular or some whoristic dogmatic bullshit that comes off like a crab in a bucket 😆
      Like the great depression; their own mothers will sell their own kids and pimp out to prostitution 😆.

  • @MrTowelsplug
    @MrTowelsplug Před 8 měsíci +7

    I'd take the 2mil, then pay myself the 4k a week till I have 850 credit. BYOB

  • @sarbnitrof4663
    @sarbnitrof4663 Před 8 měsíci +9

    People lived in caves 300 years ago? 😂

  • @andrewnimmo8010
    @andrewnimmo8010 Před 8 měsíci +4

    You know what they say:
    “you teach a fish to man, you man fish him a year. You catch man for fish, he will live long enough to fish man fisherman”

  • @runawaycube4132
    @runawaycube4132 Před 8 měsíci +4

    15:31 Librarian Spotted 💀

  • @kumagorong
    @kumagorong Před 8 měsíci +68

    Ok, the second video is correct though. He's essentially giving up his wages early to put into a specific life insurance policy where he can borrow against it. The problem is, he's sacrificing his wages in his youth to gamble that he'll live long enough to retire and live off of that plan. Not exactly bad financial advice, it's just not explaining the sacrifice required to make it happen. Not to mention, this helps the insurance company more because in the event of their death, there is basically nothing left to give to your next of kin.

    • @maxl.4807
      @maxl.4807 Před 8 měsíci +10

      Definitely - the video made it sound like he was purchasing insurance and immediately using it as collateral for a massive gain which makes sense why it sounds like fraud. He's paying thousands over a few years in exchange for a death benefit, and then using the death benefit of the policy as collateral to pay himself an income throughout retirement. Anything he takes out gets subtracted from his death benefit he would've gotten from the policy in the first place (and the max loan he's able to take out is always going to be less than the guaranteed death benefit so there isn't really as much risk to the insurance company).
      I don't know if I'd call it sacrificing his wages since it's the same principle as investing - you're cutting your purchasing power early and letting it grow through dividends to make sure you have an income stream to access when you're too old to work. I wouldn't say its for everyone but honestly, the fact that you can receive that income tax-free (up to a limit) can make it an extremely valuable strategy for retirement.

    • @LambdaDriven
      @LambdaDriven Před 8 měsíci

      @@colbythom223are there policies indexed to the market with low management fees? Years ago they were all insanely low yield.

    • @TPF00T
      @TPF00T Před 8 měsíci +3

      I'm not understanding something here. As far as I know, life insurance can only be purchased for specific death circumstances, like an accident or sickness. If you could take out life insurance for a natural death, insurance companies would just lose money on it, unless it pays out less than the average person pays in.

    • @maxl.4807
      @maxl.4807 Před 8 měsíci +1

      It depends on the kind of life insurance policy you take. Most people are familiar with term life insurance like what you mentioned which is why this kind of half investment/half insurance policy can be pretty confusing. You gotta realize the insurance company is investing your payments over time and using that growth to provide you with a death benefit.
      The payout at the end is going to be greater than what you put in, but the insurance company will take a cut of the growth in exchange for managing your money. If you pick a reputable insurance company, you'll often see a track record of dividends that are lower than something like S&P 500 but more consistent.
      Imagine putting $300/month in your early 20s into a policy like this. If the insurance company has a track record of 5% annual dividends and they've been around for a long time, you can imagine your assets will grow substantially when youre ready to retire. The death benefit is a function of that amount and the government allows you to borrow against it (up to a limit) tax-free.
      @@TPF00T

    • @TPF00T
      @TPF00T Před 8 měsíci +1

      @@maxl.4807 Thanks for the reply, it makes sense now. Basically, it allows you to borrow against a larger amount up front because there's an insurance element to it rather than just a plain old investment account. So you can borrow more money than you put in to the account early on, and as you grow older, the actual value of your investment account approaches the initial amount you borrowed. So you basically borrow money from your future self.

  • @redrum3425
    @redrum3425 Před měsícem

    I'm loving these videos on financial Tik Toks - keep em coming please!

  • @Stinggyray
    @Stinggyray Před 8 měsíci +59

    I have never seen a man with more vitriol and contempt for walking dogs 😂
    A dog walker killed his family or something, I swear

    • @tb4076
      @tb4076 Před 7 měsíci +6

      Nah i think his gf's dog stole his gf

    • @woodside4life
      @woodside4life Před 5 měsíci +1

      @@tb4076 The dog had that dawg in him.

  • @mikelombard21
    @mikelombard21 Před 8 měsíci +3

    I've never seen a grown man not know the concept of owning a dog and picking up after it. That's how out of touch this guy is.

  • @TylerSmith-oz7ry
    @TylerSmith-oz7ry Před 8 měsíci +3

    If your biggest expense in NYC is food, you are homeless.

  • @theharryblack
    @theharryblack Před 8 měsíci +6

    financial tiktok makes me want to dividend it all.

  • @DaddyLongshaft
    @DaddyLongshaft Před 8 měsíci +7

    Air BnB is also going to shit because of the strict rules owners put and let alone the fees for dumb things

    • @frostbittenprophet4852
      @frostbittenprophet4852 Před 8 měsíci

      That and many communities are realizing is shits the place up and are imposing higher taxes on people just gathering up short term rental properties.

  • @aggapuffin
    @aggapuffin Před 8 měsíci +4

    Vigilante auditor is the best way to make money. Morally correct and also you get paid.

  • @pTheCrackerq
    @pTheCrackerq Před 8 měsíci +91

    In my experience, it's been disgruntled employees that call OSHA and not legitimate concerns. People also typically "win" lawsuits for things like retaliation or workplace injuries because even if it is frivolous, it takes so much time and money to disprove allegation's that the will just offer a settlement.

    • @DaRocketGuy
      @DaRocketGuy Před 8 měsíci +9

      sounds better than working imo

    • @dylanvickers7953
      @dylanvickers7953 Před 8 měsíci +35

      OSHA is super important, especially in hard labor fields like construction, resource extraction like petroleum, lumber or mining, and manufacturing. Maybe it’s not the same in office/corporate jobs, but OSHA literally saves lives in hard labor jobs.

    • @pTheCrackerq
      @pTheCrackerq Před 8 měsíci

      @@dylanvickers7953 for sure. It’s good to know your rights and call things out to keep an employer honest, it’s just a shame it gets misused and misunderstood as much as it does. A lot of people see OSHA as a group that wants to make your job harder than it needs to be as well.

    • @pasta-and-heroin
      @pasta-and-heroin Před 8 měsíci

      @@pTheCrackerq prior to your country passing OSHA, 38 people died at work every day. that figure is now only 14 despite the working population having more than doubled!
      I *guess* I kinda get what you’re saying… but you negate any positivity in your mention of employee rights when it is preceded by some simply BAFFLING anecdotal nonsense & a healthy dose of right-wing rhetoric!
      CEOs, rich white cunts & exploitative employers don’t need any extra help on their quest to discredit and dismantle protections for the proletariat; let’s not give it to them (:

    • @pasta-and-heroin
      @pasta-and-heroin Před 8 měsíci +11

      @@pTheCrackerq this survey data was taken in 2014, but bleeding their budget dry leads me to believe they don’t have the resources to improve the data in the 9 years since….
      ‘90 percent of employers do not comply with OSHA recordkeeping regulations, resulting in underreporting by 38 percent of the surveyed employers’
      Hoping that really drives home the reality of ‘misusing’ OSHA - and who is ACTUALLY doing it (:

  • @Faronhight
    @Faronhight Před 8 měsíci +3

    “What is blud waffling about” 💀

  • @mikelombard21
    @mikelombard21 Před 8 měsíci +7

    I like how the 850 credit score guy explained why he doesn't have an 850 credit score. He took out a bunch of loans and never paid them back. Just don't take on more debt than you can afford right? I get they will give you a ton but you have to pay it back. If you pay it back your credit will be fine right?

    • @JuanLopez-kk9wi
      @JuanLopez-kk9wi Před měsícem

      Nope, credit history is one of the biggest factors to your credit score. You can recover from any amount of debt as long as your pay history is 100%, you can recover, but good luck with recovering with a payment history of 60%.

  • @TheDarkfighter101
    @TheDarkfighter101 Před 8 měsíci +58

    4K a week easy. That’s 208k/yr. 2 million isn’t enough to be set for life without working or investment and it would certainly return less than 4K a week. Literally in a decade you would earn the lump sum and have decades more of not working and living very comfortably.

    • @dirges1239
      @dirges1239 Před 8 měsíci +12

      Just invest half of the 2 mil and you'll beat out the 4k by a long shot.

    • @carlosdemare1599
      @carlosdemare1599 Před 8 měsíci +9

      sure but 2 million now you could lower your cost of living by outright buying house and solar etc.
      also investing in "safe" stocks could set you for retirement. depends on your age and income, if you're already earning 1k a week and you're like 30 the 2 million might be better. it's not clear either way imo.
      crazy the dude only spoke about credit score tho

    • @hemmoau
      @hemmoau Před 8 měsíci

      Oi dark people that don't make this money don't understand how small it becomes after you do.

    • @SK-df1iw
      @SK-df1iw Před 8 měsíci

      @@dirges1239if you put it in an index fund, you’re getting 8% per yr adjusted for inflation. with $1M, that’s the equivalent to $80K in profit per year. A lot of (actual) financial advisors say that you can take ~4% out of index fund savings and have the growth match what you removed so that you keep the same sum. this also accounts for variation in the index fund for yr to yr so that you have more breathing room. even tho growth is 8% in the long run (10+ yrs), in the short run it may not be so it’s better to err on the side of caution and to remove less money out per yr. By that metric, you can only remove $40K per year. if you remove more, then the amount you have invested has a high chance of decreasing over time. even with investing all $2M, you’re only able to safely remove $80K and you’re making $160K per year if you don’t touch it which is already lower than the $208K/yr.

    • @awijaya2116
      @awijaya2116 Před 8 měsíci +14

      You should take the 2 million and invest immediately. The S&P 500 has averaged a return of 11.88% every year, since 1957. 11.88% of 2 million is $237,600. This is if you keep cashing out the capital gains each year, which is dumb (you're not letting compound interest make you rich). Obviously this is not a constant rate each year, some years are better and some are worse.
      If you'd put $2 million into the S&P 500 10 years ago and left it alone, you'd be sitting on $5.1 million today. There is no way you can match that with 4k a week, and the longer we play out the two simulations the more the $2m today wins.
      The only time you take the 4k option is if you're godawful with money or have a gambling problem.

  • @Clint_Yeastwood
    @Clint_Yeastwood Před 3 měsíci +1

    That vigilante auditor is actually a goddamn genius

  • @mathijsfrank9268
    @mathijsfrank9268 Před 8 měsíci +27

    I do think that loaning money from yourself is an interesting idea if you have savings (I hope he meant this or he might just not be the brightest). The idea is that if you have savings and you want to use some of it, you should see it as a loan to yourself. So pay it back monthly until you are back to the original amount you are at. Given its just a mindset and it doesn't change anything, I do think it can change your perspective of how you see your savings.

    • @shrimpsqndwich
      @shrimpsqndwich Před 8 měsíci

      but... if your paying yourself back with your own money your balance isn't changing...

    • @grxdy6362
      @grxdy6362 Před 8 měsíci +11

      @@shrimpsqndwich Yeah that's the point. They are saying it doesn't change your balance, but it changes how you see your money

    • @jacobsweet7327
      @jacobsweet7327 Před měsícem

      One saving tip I gave my girlfriend for saving for a car is just act like you have a car payment each month (her current car is paid off) for 5 years and when It come time to buy a car after 5 years, you can pretty much pay cash for the car. the good thing about this is if her current car breaks down and needs an expensive repair, she can just pay out of that fund. sure you might still need a loan, but with such a large down payment you can get a 3 year car loan with a low monthly payment, and because you've been making "Payments for the past 5 years, you know how to budget accordingly.

  • @alanthomas2482
    @alanthomas2482 Před 7 měsíci +1

    Yo i got to say laughter is contagious. Your laugh just keeps me laughing haha. Thanks bro

  • @dusk2308
    @dusk2308 Před 8 měsíci +3

    atrioc i am glad you do these videos cause if not i would 100% being doing fraud cause i don't know anything about money all i know is that it is green and it has number on it

  • @ToshiRolls
    @ToshiRolls Před 8 měsíci

    2:11 That’s the BizarroFlame

  • @samuelgunter
    @samuelgunter Před 19 dny +1

    its so crazy seeing my username in chat in these vod clips months later

  • @Losochill
    @Losochill Před 4 měsíci

    11:46 vigilante auditor is CRAZY!!! 😂😂😂

  • @LSgaming201
    @LSgaming201 Před 4 měsíci +2

    The tik tok investor bros was hilarious. Imagine bragging about having 15 roommates in a barely furnished house.

  • @pr3cious193
    @pr3cious193 Před 7 měsíci

    10:43 I lost it at "I get em every time" 😂

  • @heromedley
    @heromedley Před 8 měsíci +3

    glad i didnt download tiktok to be exposed to this idiocy everyday just so i can enjoy moments like these

  • @cryo3620
    @cryo3620 Před 8 měsíci

    Have been really enjoying the content A

  • @m1k3y48
    @m1k3y48 Před 8 měsíci

    8:35 this is just paying cash, and saving the money that would have gone towards payments lol

  • @matthewibalio7251
    @matthewibalio7251 Před 2 měsíci

    The reaction to the "auditor" and the guy after had me crying. Subbed

  • @jovanirivera34
    @jovanirivera34 Před 8 měsíci +3

    bro suing the businesses is crazy. cause the places probably get safer 🤣

  • @cmonkey3698
    @cmonkey3698 Před 8 měsíci

    7:00 this is just budgeting but way overcomplicated

  • @robertcampbell8070
    @robertcampbell8070 Před 3 měsíci +1

    Tik tok financial advice is like "Go into a bank and give them a note that says "Give me all the money in the safe." You'll be a multi millionaire in minutes."

  • @greenhollowmusic
    @greenhollowmusic Před 4 měsíci

    7:00 he's trying to advertise whole life insurance "banking" that comes up on tiktok like every other live I see.

  • @jquadra4
    @jquadra4 Před 8 měsíci +2

    stay on that glizzy grind💸💸💸

  • @staciemohler4624
    @staciemohler4624 Před 8 měsíci +3

    Business tiktok be like: do fraud. Think about it no one's doing this you will be one of first to do this

  • @kNightPhantom392
    @kNightPhantom392 Před 4 dny

    The be your own bank guy had me dying laughing.

  • @joefer5360
    @joefer5360 Před měsícem +1

    11:30 They call him "The Bounty Auditor". He seeks the bounty before the justice he brings. A lone ranger wandering the great land of the USA bringing freedom. The man we need, not the one we want.

  • @stephennicol9549
    @stephennicol9549 Před 8 měsíci +2

    How to never need to work again
    Step 1: buy a 380k property 😂

  • @graxian
    @graxian Před 8 měsíci +1

    “I’m not crazy, you’re crazy” ah, spoken just like a man of full sound and body. Keep it up bug dog

  • @jabhari-3258
    @jabhari-3258 Před 8 měsíci +1

    first there was the streamer house, now there's the options house

  • @BigSugoi
    @BigSugoi Před 8 měsíci +2

    Man I work 330am to 7pm and these bozos telling my day should start at 6am

  • @TRP_TheRandomPlace
    @TRP_TheRandomPlace Před 17 dny +1

    This guy has the most contagious laugh, I swear. 😂

  • @sgotach_7581
    @sgotach_7581 Před měsícem

    8:15 bro inventing saving up

  • @Blaze5x5x5
    @Blaze5x5x5 Před 8 měsíci

    The freelance auditor is my hero now. My works got a bunch of OSHA violations. Guess ik what I should do when I leave.

  • @byrontheusurper6505
    @byrontheusurper6505 Před 8 měsíci +1

    Omg I love these

  • @perigosu8449
    @perigosu8449 Před 8 měsíci

    Bro, im not going to lie your laugh makes these videos more enjoyable than they should be...

  • @swordandscale
    @swordandscale Před 5 měsíci

    Hilarious video. Subscribing. 😂

  • @teampoketown
    @teampoketown Před 6 měsíci

    Alex hormozi the dropshipper😂😂😂😂

  • @MegaMultiAnonymous
    @MegaMultiAnonymous Před 8 měsíci +2

    when I hear 'life insurance' I think: the salesman is getting rich

  • @melogranohifi
    @melogranohifi Před 8 měsíci

    The dude with the TikTok about stealing food from bankers was doing it in front of the Credit Suisse building in New York… those poor guys already had enough, don’t steal their food too!!!

  • @TheAnimeLurk
    @TheAnimeLurk Před 8 měsíci +34

    I feel like a collab between Atrioc and Jon Bois would be fun and interesting.

    • @alexanderbateman5581
      @alexanderbateman5581 Před 8 měsíci +11

      ???? no it wouldn't u just picked two people you enjoy watching LMAO

    • @coachmcguirk6297
      @coachmcguirk6297 Před 8 měsíci +7

      Anything with Jon Bois is automatically going to be among the top .001% of all youtube content there is. He is simply the best there is. But big A doesnt do any sports related content. Jon is purely sports and sports adjacent. The only thing I can think of where they might collab is covering poker but Jon already has the best poker video on the platform called "why do I choose this for a living".

  • @Hexlen
    @Hexlen Před 8 měsíci

    19:45 6k from 40 rentals??? He's only making 150 a unit a mo???

  • @crazytexan711
    @crazytexan711 Před 8 měsíci

    I love the Vigilante Auditor guy LMAO

  • @crabser2253
    @crabser2253 Před 8 měsíci +1

    Sublet the woodchipper

  • @AWildCarAppeared
    @AWildCarAppeared Před 8 měsíci

    The wood chipper one is extra funny because I follow a meme page that makes that sort of post almost verbatim except they are joking

  • @Dslicckest1
    @Dslicckest1 Před 7 měsíci

    The first video had me rolling 🤣

  • @AmanTheNova
    @AmanTheNova Před 8 měsíci +1

    Vigilante auditor might be the funniest shit I’ve seen all month

  • @TheAesop3
    @TheAesop3 Před 8 měsíci +3

    The guy suing every company he worked for is the funniest shit I’ve ever seen

  • @romxxii
    @romxxii Před 8 měsíci

    The anti dog walker at 13:30 is just repackaging the whole "don't have avocado toast" meme.

  • @reubenmiller6036
    @reubenmiller6036 Před 8 měsíci

    Damn the glarketers editing on this video is really good

  • @raulramos7561
    @raulramos7561 Před 6 měsíci

    I tried renting from Home Depot, they didn’t have it available and for whatever reason they couldn’t find that out over the phone, I had to go in person and waste my time

  • @carlosdemare1599
    @carlosdemare1599 Před 8 měsíci +4

    the 2 million vs 4k per week and 850 credit score is actually kinda close.
    4k a week you'd earn 2 million in 9.6 years, so depending on age and assuming you don't have to work for it that could be amazing.
    crazy he only spoke about the credit score tho

    • @watema3381
      @watema3381 Před 8 měsíci +1

      4K a week passive income? No-brainer.

    • @ib_res2566
      @ib_res2566 Před 8 měsíci

      With 2 mil tho i could finish college probably and stop skipping breakfast

    • @lukes3845
      @lukes3845 Před 5 měsíci

      @@ib_res25664k a week is 208k a year that you don’t have to worry about budgeting nearly as much as 2M

    • @mattbenz99
      @mattbenz99 Před 3 měsíci +1

      The math on 4k a week vs 2 million up front is just do you want to access the money now or later. 4k a week is 208k a year vs a safe withdrawal of 80k a year from the 2 million dollar lumpsum. However, if your plan is not to use it right away and instead invest it, then the 2 million upfront easily beats the 4k a week.

  • @RecardoGuillermo
    @RecardoGuillermo Před 8 měsíci +1

    Troc flock rise up time to commit to the grustle 💯

  • @final3119
    @final3119 Před 7 měsíci +1

    I accidentally did the uber eats stealing someone else’s food thing before. I went down out of my apartment to pick up my food when it showed my delivery was near. The person was in a white car just like my driver was said to be so I said this ones for me!
    When i got back up to my room I was like what the heck this isn’t my food so I messaged the driver that I think they gave me someone elses food. They said they hadn’t even seen me, yet. Then I realized I had stolen someone elses food. I felt bad, because it seemed like sick people food (noodles in thick broth). I tried finding the owners of said food but never found them.
    It was absolute dog shit tasting food, too.

  • @fortnitegamer6635
    @fortnitegamer6635 Před 8 měsíci

    Hey big A, I am currently in a 30$/hr reverse paid internship, is this going to work out in the long run?

  • @scrambledripper9181
    @scrambledripper9181 Před 8 měsíci

    my next carrier is private sector auditing blue collar companies