Diving back into to the world of TikToks to see what knowledge we can gleam. My name’s Richard Coffin, I’m an investment …
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Diving back into to the world of TikToks to see what knowledge we can gleam. My name’s Richard Coffin, I’m an investment …
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33 comments
Quick Correction: in the first tax TikTok, I mention needing to be incorporated to deduct expenses. This was a mistake – I meant to say you generally need to be self-employed, which doesn't require incorporating (you can deduct expenses as a sole proprietor). Apologies for the slip up.
That's not a tax-deductible dinner, thats marital happy hour. His wife must feel so special knowing he's spoiling her for a financial incentive😂😂😂
Somwthing I learned young is not to spend money to save money. Your still spending more money…
11:40. I am very sure you know where it is going. If you really look into all that money in the real estate in the Western world, I will personally say that a comprehensive audit will indicate that only a small percentage of that money comes from legit sources. In my country, we know where the politicians put their ill-gotten wealth. It is so bad now that it is flaunted in our offices. There are literally neighbourhoods where mansions are being seized by the anti-corruption agency and they are only scratching the surface.
I bet the girl with a 4.7 mil portfolio was actually showing a practice account
Whys he say bagel like that??
finally someone says it.
People go "well fiat moneys worth is just based on other people thinking it has worth, so its worthless" and as an alternative invest in gold, whose worth is also just largely based on perception…
Great content Richard! How I wish it took an hour a week. I take hours to come up with a daily trade list and got stopped out two times yesterday. Diamond Steps- LOL p.s. the screening hours do not include the hours to study new concepts learned along the way as well as reviews of past trades.
man tik tok will be the end of humanity
That VOO girl shows it outperforming GOOG, I mean, not that bad is it?
But yeah, I still have index funds, but I like to judge them by their top stock most of the time.
Putting aside that 99% of these success stories are fake,
If you find the one that's not- more than likely listening to them is like taking advice from someone who won the lottery. They got lucky, they took a big risk and it paid off. Every dollar they made is a percentage of a dollar somebody else lost. If you enter that scenario, you are far more likely to be among the thousands of pooled losers than the two winners.
The blonde demon worshipper is the best lol
$300 a month and buy a house. Sounds reasonable 🙄
Loved the part about investing in assets that grow rather than investing in precious metals
Gold is like your primary home: it holds value, it's not one you invest in and hope to have a good ROI over time. The people advertising gold most certainly get a commission on gold referrals/sales.
Richard, congrats on your work. You are one of few in todays world that I trust to be honest. I would like your opinion of Modern Monetary Policy. My view is that we have frequently seen “the experts” explain why classic economic rules no longer apply. Then the bubble bursts and we trgically find that they still do apply. Dot com bubble. Housing bubble. Etc. I think that eventually the world will stop sending USA cars for paper and will balk at our huge national debt and then there will be a crisis.
99% of daytraders lose money.
Most hedge funds struggle to beat the SP500 for yearly gains.
If you can earn even 1% alpha, you're worth gold to institutions.
But don't worry guys, Tiktok gurus are totally outperforming by 100% or more, EVERY YEAR!
I own a lot of silver and gold compared to other people. Precious metals is insurance for disaster. It will not make you rich. But if you take your riches and buy gold it won’t make you poor.
Thanks for calling that fraud Robert Kiyosaki, idiots call him out as a genius while all he has done is predict multiple crashes, dollar devaluation but nothing has happened.
Last one is by far the most laughable one. Which investment gives me back 10% of my invested sum EVERY SINGLE MONTH?! WHICH ONE IS IT?! Cause I will throw every penny I have at that!!! 😂😂
Best piece of advice for young folks is not to “work a side hustle” and “learn entrepreneurship”. No. You want to become the best in a field. Study hard, perform, acquire a skill so invaluable you’ll make a very high income. While you work in your field, continue to specialize and then learn entrepreneurship. Start a company with your unique IP and then you may become a multimillionaire or even billionaire.
Good lord, imagine having a fifteen year old landlord 😂
7:46 a guy I grew up with did 11 years in prison because someone told him “all you gotta do…”
I got $20 a month allowance. After doing yardwork.
Platinum's value fluctuates more like an industrial metal due to its wider range of industrial uses, while gold behaves more like a traditional precious metal.
Grant Cardone kindergarten investor mindset never disappoints
Every 15 year old child go to school education is your real investment not work … Develop your skills
Kosaki is just a fraud ..he make money from his classes…
What is it with gurus and mowing lawns
Grant cordone is the slimiest turd on the shitpile of finfluencers.
“Study Goldman Sachs!” Cardone. The gift that keeps on giving. 😂😂😂.
Seriously though, I maintain gold value was more rooted in human sexuality. It had lustre, malleability, and a nontarnishing nature. It was ideal for adornment. That made it=> attractive to females => useful to status seeking males => power tool for religion.
The second chick made millions but still lives in an apartment?
I love that you brought up David Graeber