Comments by "Kong" (@Koushi82) on "How Much Money You Need To Save By EVERY AGE" video.

@johny9567 because instead of community college they go private due to bad grades not getting a scholarship or some such and want to live on their own. meaning rent. in cities like nyc a year of rent will put you down that rabbit hole even with a job. its a slave trade there. solve the rent problem you solve the student loan problem. meaning you need to destroy the rental and property value market. or raise min wage according to rental and property value market. imagine getting 5-10% raises? lmao. min wage if they want to be fair in a ratio should be tied to the rent + property value market averaging it out. kids getting creative living in their cars to avoid rent because rent is too damn high aka property values are too damn high and needs to crash to 3x income.
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@noahhuss8260 fools already did. And those that now say well you cannot complain anymore. as double standards they suck. I go where my job goes if no job no way will live in those cities. Meaning this if there are no jobs that pay the required rent being 1/3 income or 3x prop value the companies and Bus can all just go f themselves. It used to be as an owner of slaves you'd need to pay for their shelter food medicine. Now it's far far gone from that even. Owners find it cheaper to pay min wage than owning slaves. Like wow.
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@abhishekt.m4630 yay like wall street elites want you to be debt slaves that is the initiation fee to get into their club. get into as much debt as you can. if possible go into billions of debt then they will care about your well being it seems to work very well for them. its billions in debt or you aint good enough to be part of their club.
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the price of community college in california is stupid cheap. I asked around 600 dollars for 16-20 credits wtf. the kids are using the loans to buy cars and live high on rent. the rentals are stupid though and that is where students are paying through the nose besides parties. cut the rent and the college is already free. meaning you need to kill the housing values and rent market to let the college kids have a fighting chance. else California is dead. no future for these kids.
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Me: to parents: sorry you pay for it. too much info: to baby boomer generation: you destroyed our generation so consider you stealing our future and there will be no future. sorry. we can all die alone now since your generation stole from us. We are waiting until baby boomer generation dies off so we can remove your stolen wealth thanks. Parents: boo hoo
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@aaronsatko3642 supply and demand right? Hong Kong demand is from mainland China not local HK. west coast demand was also from rich Asians for a while and now demand is starting to wane. Thus price deflation while landlords refuse to lower prices else they go bankrupt. nope. Prices far outpaced wages they can eat it. Building a house is far cheaper than buying one from someone. rather live in van/car/trailer while buying something to build on.
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make more than rent and property value increases. then you should be fine otherwise plan on living in RV or car. because rent and property values are stupid. plan on selling expensive property and leave for the country side where it is cheaper. you are not working so give up the city life or own businesses/assets not working in the next age no one will work. all assets a class of haves and beggars plebs slaves homeless basically. it is what it is. get assets. gold silver land homes anything except the federal reserve note. cash is trash just do not leverage and you don't need cash.
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@user-wy7wl5on7l basically it is not tuition it is rent. the students are complaining about the wrong thing and need to complain about rent and property values being too high in general. All I hear is the wrong protesting from them.
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@aaronsatko3642 when demand is artificial like giving free rent assistance to those that cannot afford it with no real jobs and nimby policies. they may as well just dump slaves into an area because that is what living with high rent they cannot afford is like. graham is from so cal which is still not as bad as NoCA or NYC at least. Poor people need to make bank and leave the area if they cannot find a job very simple. but that means no more workers for those min wage jobs. Of course?what did they expect? rent is too high. either build more or you get no min wage workers. NIMBY policies to keep the elite rich happy? f them.
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@aaronsatko3642 People keep forgetting we are also the competition not just other businesses and corporations. We ourselves are the competition not businesses because without people businesses cannot produce. Ask the CEO to produce themselves for many of these large businesses. Simple they cannot. Small businesses the CEOS still know how to do their jobs as like regular employees.
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@aaronsatko3642 lmao why do you think people are living in vans now? when landlords refuse to be reasonable people will leave as with NYC and NoCal now. people only go there for possible high paying jobs. Then if the services are adequate they may pay the higher prices. But now there are less and less services for the amount paid in taxes and rent. Without those things they leave and now if you read statistics many are leaving CA as I have been talking about. Remember property values are not the value of YOUR property. it's the value of the neighborhood and you are just benefiting from the improvements made by other people not yourself. You actually didn't do anything unless you helped others in the neighborhood out to make their property nice and go up in value along side yours.
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@comicalhexical most likely they made 500% on tesla XD and apple. but if you invested in the index fund itself you would have the same thing. if you are like me playing with options different strategies. you'd also make something similar. Consistently if you know what you are doing. when you have too much money to manage it will be harder to make those gains as well. the only thing holding stocks up in the positive this year is APPLE TESLA MICROSOFT GOOGLE FB amazon the fang stocks. 80% of the market is overall down not up.
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@coldchillin8382 No man you did good. Most people just go and party it up. Cause most are spoiled brats that just wanna have fun yolo. Then they realize rent. Community college aint a bad choice but tuition was never the issue it is ALWAYS RENT IS TOO DAMN HIGH. It is not tuition. Crash the housing market with increased supply and you will bring down the cost of college. Really 70% of the cost of college is attributed to rent. Solve that issue first before students should complain about tuition... But if you crash the housing market you will crash the economy cant have that soooooo.
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@parallax8322 nope they go cause either scholarship. Or they want the prestige and or got money to blow so want the exp. For most college students cc is the correct choice. Most choose private though because of ego.
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@parallax8322 you still need grades to go to private school though GWB our old president getting a c average at yale was concerning. Yale shot their reputation accepting that. C averages get degrees but make you look stupid. You ain't there trying basically b's are at least trying. A depends on if you games the system to take easy or hard classes. A in calculus and science classes are way more important than say english history or cultural arts social justice warriors love to take. Rather than useful subjects. Those classes to help round you out culturally but are essentially not very useful in grand scheme of things.
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@parallax8322 also private universities are used to build connections with the wealthy not just for grades fyi
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@parallax8322 if you get into stanford and your parents make less than 100kit Its free. Btw if that is getting c in those universities isn't acceptable. Like GWB only getting into yale due to donations not because he was good. Rich folk getting into good uni without grades backing them isn't anything new. They become famous because their parents not anything they did. Most are just spoiled brats.
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