WEBVTT - Why Investing in Stocks Beats Buying a Home

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<v Speaker 1>Earners. What's up.

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<v Speaker 2>You ever walk into a small business and everything just

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<v Speaker 2>works like The checkout is fast, the receipts are digital,

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<v Speaker 2>tipping is a breeze, and you're out the door before

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<v Speaker 2>the line even builds. Odds are they're using Square. We

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<v Speaker 1>On what matters most Ready.

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<v Speaker 2>Let's Square handle the back end so you can keep

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<v Speaker 2>pushing your vision forward. This episode is brought to you

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<v Speaker 2>by P and C Bank. A lot of people think

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<v Speaker 2>podcasts about work are boring, and sure they definitely can be,

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<v Speaker 2>but understanding of professional's routine shows us how they achieve

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<v Speaker 2>their success little by little, day after day.

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<v Speaker 1>It's like banking with P and C Bank. It might

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<v Speaker 1>seem boring.

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<v Speaker 2>To save, plan and make calculated decisions with your bank,

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<v Speaker 2>but keeping your money boring is what helps you live

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<v Speaker 2>or more happily fulfilled life. P and C Bank Brilliantly

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<v Speaker 2>Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty

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<v Speaker 2>five is a service mark of the PNC Financial Service Group, Inc.

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<v Speaker 2>P and C Bank National Association Member FDIC.

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<v Speaker 3>What the theory is that with the money that you

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<v Speaker 3>would have put down on the house, the money that

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<v Speaker 3>you would have put for maintenance on the house, the

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<v Speaker 3>money that you would have put for tag, that's going

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<v Speaker 3>to investments. That's not saying that just live an apartment,

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<v Speaker 3>rent an apartment, and then you have money and then

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<v Speaker 3>you just want to just you know, do whatever, go

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<v Speaker 3>to Vegas and just you know, put it on on

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<v Speaker 3>your your favorite money line for the rams. No, that's

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<v Speaker 3>not responsible. So it is very much so is a conversation.

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<v Speaker 3>It's actually even probably more relevant to people that's not

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<v Speaker 3>extremely rich, because the money means more. The money one

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<v Speaker 3>hundred thousand dollars an average person is going to mean

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<v Speaker 3>more than five million dollars.

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<v Speaker 1>To bad money. Right, That's just a fact.

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<v Speaker 3>So it's gonna so every every dollar that you make,

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<v Speaker 3>you got to make sure that you're making the right

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<v Speaker 3>decision because you can't afford to make the wrong decision.

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<v Speaker 3>Sometimes I'm like, you can afford to make the wrong decision,

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<v Speaker 3>be like, Yo, damn, I a million dollars whatever, I'm

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<v Speaker 3>gonna get that back. But no, you make the wrong

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<v Speaker 3>decision sometimes in life, ain't there is no coming back.

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<v Speaker 1>It's no coming back, it's no coming back.

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<v Speaker 4>And controversial take, but in terms of reward ratio and.

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<v Speaker 1>Back to the opportunity costs, you should not.

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<v Speaker 4>Be putting more into a mortgage for a property that

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<v Speaker 4>you don't fully own. That you're doing to the market

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<v Speaker 4>when people give pushback on it. I'm a prime example

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<v Speaker 4>of it. Regardless of whatever else, I stayed a two

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<v Speaker 4>bedroom condo six seven years. I know people that had

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<v Speaker 4>seven and eight thousand dollars mortgages and will put three

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<v Speaker 4>hundred dollars into the market and they always tell me, damn,

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<v Speaker 4>I should have did it your way. It does not

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<v Speaker 4>make sense to be house rich in pocket poor, makes

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<v Speaker 4>no sense at all. It looks glamorous, but when I

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<v Speaker 4>get to move it around and you see me, Troy Rashid,

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<v Speaker 4>we just look stressed through free and all that. That's

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<v Speaker 4>from good decision making. Even my friends Black, Yo, you

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<v Speaker 4>could have done yes. I could have went and bought

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<v Speaker 4>that shit, but its shot, Zanda. I love you dearly

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<v Speaker 4>go a bit so. It feels better to have as

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<v Speaker 4>college paid for at six years old and he's in now.

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<v Speaker 4>And if I want to take off three years of work,

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<v Speaker 4>I can do so because I put the money into

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<v Speaker 4>the market.

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<v Speaker 1>To work for me.

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<v Speaker 4>That's a fact. That's that money away. If my family

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<v Speaker 4>needs anything, it ain't a question. Go ahead, I don't

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<v Speaker 4>care what it is. My dad want to tear a

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<v Speaker 4>doctor for next investments with it attached to whatever you got,

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<v Speaker 4>you got. You pick your struggle, though, Do you have

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<v Speaker 4>to pick your You have to either sacrifice being wealthy

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<v Speaker 4>later or balling now. All the ballers are spending money,

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<v Speaker 4>they end up losing that shit. It's not worth it.

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<v Speaker 4>That's a guarantee.

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<v Speaker 2>That's why I said you're not gonna be able to

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<v Speaker 2>and this is coming from a person that was nine

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<v Speaker 2>to five. You're not gonna be able to work your

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<v Speaker 2>way to wealth. It's just not it's just not doing

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<v Speaker 2>any possible. Don't matter how many jobs you got, You're

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<v Speaker 2>not gonna be able to work your way to wealth.

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<v Speaker 1>You have to invest.

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<v Speaker 2>It's I mean, that is the message that I'm sending

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<v Speaker 2>to every student, every young adult, every adult. Listen to

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<v Speaker 2>this man'speed about how how important investment is to now

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<v Speaker 2>and the future, especially in the in the terms of

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<v Speaker 2>AI and the job replacement and the efficiency that is

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<v Speaker 2>about to happen. Right There was just a study, your

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<v Speaker 2>Harvard study that said thirteen percent of college graduates can't

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<v Speaker 2>find a job because it's been replaced.

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<v Speaker 1>That's twenty twenty five. That number is only going to increase.

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<v Speaker 2>And you have to figure out alternative ways to make

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<v Speaker 2>money legally, and investing is at the paramount of that.

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<v Speaker 1>So you have to have your money to make money.

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<v Speaker 1>I don't care how much money you have. It has

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<v Speaker 1>to make money. And and here's and this is it.

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<v Speaker 3>Okay, let's let's let's let's coust some Internet nonsense reaction

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<v Speaker 3>videos investing in stocks is a better investment investing in real.

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<v Speaker 4>Estate a thousand percent combination. If you can do both,

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<v Speaker 4>great office said it.

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<v Speaker 1>And lived it.

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<v Speaker 3>If you have a million dollars you invested in stocks,

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<v Speaker 3>ninety percent of the time, you're gonna you're gonna make

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<v Speaker 3>more money than if you if you invested it in

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<v Speaker 3>real estate.

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<v Speaker 4>Especially if you listen to me, if I made you money,

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<v Speaker 4>please but he doesn't chet for what, Listen and think

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<v Speaker 4>about this. If you black and brown, listen, I've turned

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<v Speaker 4>turned to speakers up real lout. For the first time

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<v Speaker 4>in history. You have the greatest entrepreneurs on the face

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<v Speaker 4>of the earth who are white telling black and brown people, yo,

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<v Speaker 4>you gotta invest. Before they didn't even want to have

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<v Speaker 4>a seated at the table. Now it's like, no pull

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<v Speaker 4>up here it some have some water. Vlad Sam Auman,

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<v Speaker 4>fucking Jeff Bezis, everybody at Scale is on TV every

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<v Speaker 4>week saying if you don't invest, I don't know what

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<v Speaker 4>the economy's gonna look like. They're saying, AI right now

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<v Speaker 4>is responsible for thirteen percent of layoffs and could be

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<v Speaker 4>twenty six percent by twenty twenty seven.

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<v Speaker 1>That's not the magic. Just told you got three years.

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<v Speaker 1>You got three We've got three years, bro.

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<v Speaker 4>So if he tell you three that to adjust for

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<v Speaker 4>the media and the real seventeen months.

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<v Speaker 1>And here's the reality.

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<v Speaker 2>The things that we see and we have prev to

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<v Speaker 2>get information about we can't say at all. But like, yo,

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<v Speaker 2>I'm telling you, Like.

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<v Speaker 4>The United States government bought a percentage into Intel and

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<v Speaker 4>said last week they may do with Palenteer.

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<v Speaker 2>Yeah, amongst other amongst other companies as well, bro. Like

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<v Speaker 2>and you only that's the crazy part, Like you are

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<v Speaker 2>the people that they talk about in that type of

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<v Speaker 2>cent Like, that's your money.

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<v Speaker 1>So if they're doing it, hello and not hiding it.

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<v Speaker 3>So just just be mindful. Like I said, investing in

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<v Speaker 3>real estate definitely can be helpful and beneficial. I personally

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<v Speaker 3>have invested in real estate. I believe in real estate.

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<v Speaker 3>I just think that a lot of times people make

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<v Speaker 3>bad decision when it comes to real estate. Buy homes

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<v Speaker 3>that you can afford, don't over extend yourself. Understand that

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<v Speaker 3>the mortgage benefits to bank more than anybody else. I

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<v Speaker 3>understand opportunity costs can't come back once it's going. And

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<v Speaker 3>you know, just think that's the point the matrix try

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<v Speaker 3>to make you not think. Everybody just want to do

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<v Speaker 3>the same thing. If you're a free thinker, then you're

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<v Speaker 3>you're you're labeled as somebody that's a misfit or a destructionist.

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<v Speaker 3>Just think you don't have to every every shoe doesn't

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<v Speaker 3>fit every single foot. Never feel that, never feel ashamed

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<v Speaker 3>because of society's standard is telling you to do something.

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<v Speaker 3>Your goal is to get to what your number is.

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<v Speaker 3>If your numbers a million, that's your number, five million,

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<v Speaker 3>ten However you do it, I don't care how you

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<v Speaker 3>do it. If you're living in a one bedroom apartment,

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<v Speaker 3>if you if you get to ten million, you want

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<v Speaker 3>hello Hello.

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<v Speaker 4>And then for those of you who have money, the

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<v Speaker 4>battle between you to get a large house to celebrate

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<v Speaker 4>or a modest house which everyone allows you the most freedom,

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<v Speaker 4>where your money is not stressed too.

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<v Speaker 1>There be your tager be organized at all times.

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<v Speaker 5>Illegal alien from Guatemala charged with raping a child in Massachusetts.

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<v Speaker 5>An MS thirteen gang member from Al Salvador accused of

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<v Speaker 5>murdering a Texas man of Venezuelan charged with filming and

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<v Speaker 5>selling child pornography in Michigan. These are just some of

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<v Speaker 5>the heinous migrant criminals caught because of President Donald J.

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<v Speaker 5>Trump's leadership. I'm Christy nom the United States Secretary of

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<v Speaker 5>Homeland Security. Under President Trump, attempted illegal border crossings are

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<v Speaker 5>at the lowest levels ever recorded, and over one hundred

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<v Speaker 5>your next you will be fine nearly one thousand dollars

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<v Speaker 5>a day, imprisoned and deported, you will never return. But

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<v Speaker 5>if you register using our CBP home app and leave now,

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<v Speaker 5>you could be allowed to return legally. Do what's right.

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<v Speaker 1>Sponsored by the United States Department of Homeland Security.