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NetWorth
Graham Stephan
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Comments by "NetWorth" (@networth00) on "Graham Stephan" channel.
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@DavidEVogel They will claim hardship so they can get the 40 year loan.
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So you're basically ripping off the landlord... and you have crappy free insurance. It probably takes you months to get an appointment. There's just no incentive to do better with all the freebies.
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Good timing was key more than anything else.
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Due to the plandemic. Plus if you sell your house now, you have to buy another that is extremely high.
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Yes, it will collapse. Older people remember what happens in a market like this.
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@raymarren3696 No one knows but I'd say less than a year. But MeetKevin says it's going down from here, then the next day he says it will go up from here. You can't have it both ways.
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Too easy to steal. Where do you keep yours? 🙂
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You're a med student and say "tryna". Did you get in via affirmative action?
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@itsnoterica I'm just shocked a med student says "tryna". That's a word for low class people.
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This market could drop for years, don't be dumb.
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@Dabeachguy The market tanked from 2008-2014.
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@Dabeachguy No, it makes me reasonable.
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@Dabeachguy what makes you a fortune teller?
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@Dabeachguy I never claimed to be either, but that's what you called me. Then you called me an asshole but said I was the one who was butt hurt. LOL ur a joke.
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The problem is, you can't guess where the bottom is. If it drop 15% you might buy, then it drops another 20%.
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The end of the decade. You young guys think the market comes back in a week or two... in reality it takes years.
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Never buy BTC.
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He's been doing that for years.
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@kidneycarecoaching3766 It will affect the rent prices.
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Real Estate > Stock Market... by a long shot IMO
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What in the hell were you doing in that ring? You are about as fast as my grandmother. Totally respect you for getting in there and fighting like a man, but don't feel you need to do that again. We need your skills here on Youtube.
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You will buy a 5% drop and the market will march on to a 30% drop. I've seen it happen. Good luck.
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You have to sell at some point to get profits. You invest to get money. What good is it if you die and never see the impact of your gains?
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My bank told me that after the forbearance is over they will alter the loan and add the payments to the end. I hope they are telling me the truth. I signed some paperwork that only a lawyer can read. *fingers crossed*
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In my county the max you can borrow for a primary residence is $548k to get the FHA 30 year fixed rate of 2.75%. He's talking about theyre about to raise that 548k to like 650 or 700k, not millions. If you want to get a bigger loan, you have to get a JUMBO loan and the terms are not nearly as good.
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@thomasfisher1829 no one worth 200B need any loan, but i see what you're saying.
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your acne could be from unhealthy eating
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Biden did that ----> inflation
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@Mrmoneymaker311 No, the tax on RE goes for roads and schools and such. It has to come from somewhere.
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@mycharmedunicorn8715 Most of our tax dollars are wasted. That lottery money was supposed to go to help schools, but nothing has changed.
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Are they business related? Give examples.
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It will come back down, give it time. We're at the top now. If you lived through 2007-2013 you can smell this bubble from a mile away.
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You picked a horrible time to start investing.
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Housing has doubled since 2019.
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@TS-gf6ou TOO, as in ALSO. Learn ENGLISH.
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@greener336 Helping dumbasses on the internet... is more like it. I could barely understand what he was saying with his/her improper spelling. Good luck to you.
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Is he in Venice or Manhattan Beach?
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@Pretyboyflako1 If homes drop 40% it would be better to hold cash. Cash is king.
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Graham might have to go back to selling real estate. That's how these evil companies operate. If they can block the POTUS then they can do what they want.
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@GrahamStephan I think Graham should speak the truth. Conservatives are always silent so they won't get cancelled.
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@aq66666 I'll sum it up for you. My parents were Boomers and POOR. You blame someone else for your shortcomings. You compain about being broke but drive an EXPENSIVE car and drink $5 cups of coffee. You blame an entire generation on bad government policies, yet voted for a guy who locked up blacks by the thousands... and he has printed over $5TRILLION. What else do you need explaining? You sure are dumb, but probably very "educated". Educated and smart don't go hand in hand.
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@craigcraig6248 Since the middle class has dropped below 50% it doesn't exist anymore? BTW, I was very VERY frugal in my lifetime and retired at 43yo and I'm a millionaire. So your little "if u no buy latte u be millionaire logic" blew up right in your face. You have to put in hard work to succeed in life. Most people don't have what it takes.
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Not many bugs in LA so that's not a problem.
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@kinghassy334 Do you really believe that? I can't see someone who has a job and the rent goes up, then they decide, "well let's just move into the street". A normal person would stay with family or find a cheaper location. Nobody just moves out into the steet. Do you know how dumb that sounds? Tell me a homeless person who had a job and an apartment that doesn't do drugs and not mental who just moved to the streets when rent got too high. Geez does anyone believe that?
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peeking, not picking.
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Your younger audience doesn't remember the stock and real estate markets circa 2008. People were jumping off buildings because they lost everything. Imagine your 401k losing 70% and your home being worth a fraction of what is it now. I bought two houses in 2013; one for $21k and the other for $40k. Today they're worth $200k and $300k (I can prove this if you want addresses). They sat on the market for months and nobody was buying. Younger investors today think the market just goes up up and more up. Wait till a real downturn and nobody talks about stocks and 2/3 of real estate agents "retire" their licenses. I really hope that doesn't happen again but you never know. I've been doing real estate investing and stock investing since I was 29yo so about 25 years. Again, young people don't remember how bad it gets sometimes. They're in for a very rude awakening when the S hits the fan.
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You have to sell your investments one day, that's the whole point of investing. You don't want to die with millions on paper and live your life like a broke fool.
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Another fun fact: Tips are what you're working for as a server. Have those remained the same?
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@alrightnow7248 In Mexico you cannot buy prime property if you're a foreigner.
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That's how he makes his money, the money that he saves.
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