1 00:00:00,720 --> 00:00:02,800 Speaker 1: Hit Club Kids is a sneak preview of today's VIP 2 00:00:02,960 --> 00:00:08,480 Speaker 1: Lounge with our favorite financial influencer, Missus dow Jones. She's 3 00:00:08,520 --> 00:00:11,720 Speaker 1: here to talk about Black Friday shopping, getting your financial 4 00:00:11,720 --> 00:00:15,000 Speaker 1: house in order before the new year. What did splur John, 5 00:00:15,160 --> 00:00:17,159 Speaker 1: You're gonna want to hear this very valuable episode. Go 6 00:00:17,200 --> 00:00:20,200 Speaker 1: to patuon dot com see me see the pod. But 7 00:00:20,440 --> 00:00:23,880 Speaker 1: I did get a potential investment opportunity the other day 8 00:00:23,920 --> 00:00:27,080 Speaker 1: where a friend of mine I'm not. 9 00:00:27,080 --> 00:00:28,040 Speaker 2: That close with. 10 00:00:30,200 --> 00:00:33,199 Speaker 1: Is opening a bar and he was like, do you 11 00:00:33,240 --> 00:00:35,800 Speaker 1: want to invest ten thousand dollars for one percent in 12 00:00:35,840 --> 00:00:38,200 Speaker 1: the bar? But he said he would pay me back 13 00:00:38,240 --> 00:00:40,199 Speaker 1: within a year and then every year after that, I 14 00:00:40,200 --> 00:00:42,440 Speaker 1: would get at least two thousand dividends. 15 00:00:42,560 --> 00:00:44,479 Speaker 2: Well, and how much for a percentage of the bar? 16 00:00:45,040 --> 00:00:48,800 Speaker 2: Ten grand for one tencent for how much percent for 17 00:00:49,000 --> 00:00:51,000 Speaker 2: one percent? I mean the percentage is? 18 00:00:51,120 --> 00:00:53,199 Speaker 1: I mean? Yeah, I sharkd to and guy said, you 19 00:00:53,200 --> 00:00:55,400 Speaker 1: know that isn't get made a bed. But I liked 20 00:00:55,400 --> 00:00:57,680 Speaker 1: what he said about Okay, Haley just left. She was like, 21 00:00:57,720 --> 00:01:04,240 Speaker 1: this is such a where he was like it would 22 00:01:04,400 --> 00:01:07,480 Speaker 1: you would pay ten thousand, you would get paid back 23 00:01:07,640 --> 00:01:10,560 Speaker 1: within a year and then you would get quote two 24 00:01:10,560 --> 00:01:12,280 Speaker 1: to four every year after. 25 00:01:12,040 --> 00:01:15,160 Speaker 3: That, and I guarantee that, Steven, No, I know. 26 00:01:15,160 --> 00:01:16,680 Speaker 1: It'd be a risk, but I would also be part 27 00:01:16,720 --> 00:01:18,200 Speaker 1: owner in a wine wart, which would be cool. I 28 00:01:18,200 --> 00:01:19,280 Speaker 1: get free wine all the time. 29 00:01:19,520 --> 00:01:24,280 Speaker 4: Well, but then hello, the classic Anthony Bourdain quote, your 30 00:01:24,319 --> 00:01:27,200 Speaker 4: friends come. You're a small time investor. You think you 31 00:01:27,240 --> 00:01:31,000 Speaker 4: can drink for free? The bargo's under because you're drinking 32 00:01:31,040 --> 00:01:32,319 Speaker 4: so far. No. 33 00:01:32,440 --> 00:01:33,880 Speaker 1: I know when he said that, he was like, you'd 34 00:01:33,880 --> 00:01:35,640 Speaker 1: also get like, you know, basically a bottle of wine 35 00:01:35,680 --> 00:01:37,280 Speaker 1: every week. And I was kind of like, if you're 36 00:01:37,280 --> 00:01:39,600 Speaker 1: giving me a bottle of wine every week? 37 00:01:40,000 --> 00:01:43,160 Speaker 4: Yeah, no, I that idea sounds fat because it's like 38 00:01:43,480 --> 00:01:47,000 Speaker 4: you've always wanted to be like a restaurant tour I know. 39 00:01:48,640 --> 00:01:50,360 Speaker 4: But then it's like you're going. 40 00:01:51,000 --> 00:01:53,520 Speaker 1: You're hard, No, give that ten grand in my stockbroker 41 00:01:53,600 --> 00:01:54,080 Speaker 1: and move on. 42 00:01:54,280 --> 00:01:56,800 Speaker 3: I think there's like multiple elements that are no here. 43 00:01:57,600 --> 00:02:02,240 Speaker 3: Wine is the fact that he's guaranteeing returns. No one 44 00:02:02,240 --> 00:02:05,800 Speaker 3: can guarantee returns, especially in a risky business like freaking 45 00:02:05,840 --> 00:02:08,239 Speaker 3: investing in a wine bar. Like what, we don't know 46 00:02:08,280 --> 00:02:09,640 Speaker 3: people are gonna like it. We don't know how it's 47 00:02:09,639 --> 00:02:12,560 Speaker 3: gonna be run. We have no idea. Restaurants really don't 48 00:02:12,560 --> 00:02:15,399 Speaker 3: make money, so it's like it's a horrible industry. And 49 00:02:15,560 --> 00:02:17,840 Speaker 3: it's like you've no what you're investing with a friend, 50 00:02:17,840 --> 00:02:21,080 Speaker 3: which is like immediately a bad idea, and it's just 51 00:02:21,120 --> 00:02:24,000 Speaker 3: going to get really complicated. And you can buy your 52 00:02:24,000 --> 00:02:25,520 Speaker 3: own bottle of wine a week for a. 53 00:02:25,480 --> 00:02:27,280 Speaker 2: Lot of dollars a month. 54 00:02:27,560 --> 00:02:29,079 Speaker 1: Want you want that? 55 00:02:30,560 --> 00:02:35,160 Speaker 3: And I don't think your finances are set up for you. 56 00:02:35,600 --> 00:02:37,080 Speaker 1: That's all you get to hear the whole thing. Go 57 00:02:37,120 --> 00:02:44,120 Speaker 1: to Patreon dot com, Slash, CBC Thepod, Happy Black Friday,