it's true"Listen, I'm going to tell you something most people don't want to hear," O'Leary said in a December YouTube video titled "If You Want To Get Rich, Stop Buying These 5 Things." "You're broke. Not because you don't make enough money, not because the economy is rigged against you, not because you didn't get lucky. You're broke because you keep buying stupid things that are keeping you poor.""Buying a new car is one of the dumbest financial decisions you can make," O'Leary said. A car drops 20% to 30% in value the second you drive it off the lot, he explained, turning thousands of dollars into dust—for nothing but "that new car smell." And leasing? "Leasing is the absolute worst," he said. "You're renting a depreciating asset… You gave the dealership thousands of dollars for the privilege of borrowing their car."The average American spends nearly $4,000 a year eating out, according to data from the Bureau of Labor Statistics. O'Leary runs the math: investing that same $3,500 annually for 30 years at 10% could become more than $600,000. "You're trading half a million dollars in retirement wealth for convenience and fancy meals you'll forget about in 24 hours," he said.
>>524674828>it's trueOh so you're saying I can just say I'm a Jew therefore give me an interest-free loan and I can invest it pretty much anywhere and get free money?I didn't know that. Let me just hit the print button and make a couple trillion to loan out to people like me at practically 0.0001% interest, and if they make mistake, simply add an additional 0 before the one to cover the loses.To prove what a genius elite that I am, of course.
>you're broke because you failed to become a politician and get some hand outs from people who are robbing the US treasury blind, so much so that it's actually in debt to the thieves who are stealing from itfixed
I feel like the actual rich guys put this retard in a suit because his punchable mug is so great for rage baiting. He spoke in a fucking business class at Harvard one time and basically spent the entire lecture telling the students they aren't shit and aren't going to do shit with their lives. Fantastic. I'm sure everyone there was glad to have attended that one, instead of studying for their exams.
>>524674828>The average American spends nearly $4,000 a year eating outreally? are there wealthy people who are eating out constantly and purchasing very expensive meals to pull this average up? or are they also factoring in going to the food store as eating out? o'leary is a faggot though he his partially correct with this advice but i have a hard time believing the average american spends 4k dining out each year.
This faggot makes me ashamed to have a Lebanese grandparent. Well more than I usually am at least.
>>524674828He is unironically correct... most people are broke because they have no financial literacy.
>>524674828he's rightyou can save every penny and live on just rice and drink only water
>>524674828being financially savvy sort of requires you to be locked into saving every penny albeit, unless you have a well paying career then you wont really have any disposable incomethat said there's only been a short period in the span of history where society has been structured the way it is now combined with the technology, so banking on the status quo continuing for the next 30 years seems really arrogant
>>524675795>you can save every penny and live on just rice and drink only waterI'm really glad you chucklefucks are stuck on this shit site instead of running the country. Proper nutrition is arguably the single best thing you can invest in. I'll never forget actually working with this poor computer nerd through a temp agency. They sent this string bean from Georgia over to move furniture for me, and this kid just had a fucking jar of peanut butter and a loaf of multigrain for lunch. Nothing on his forearms, nothing on his legs, and we had to use a shoulder dolly for every lift, and he couldn't do something like pick a desk up to put it on its feet. It had to be rolled onto its feet after assembly. I was basically on my own for stairs with turns, and everything had to be slowed down egregiously. He flat out wasn't eating protein. I guess he worked at a pork plant nearby and saw someone drop a chop on the floor and pick it up to throw back on the line. That's gross, and it costs money, but holy fucking shit if there's one piece of advice I can give any man it's to eat some fucking meat, especially if you're going to be doing real work.
>>524674828>Instead of eating out, you should invest that money and earn 4% per year. Learn to eat out of garbage cans or steal from grocery stores to survive.
>>524675795>retard has no idea what beri-beri is
>>524674828Leary murdered two people. He should be in jail.
>>524674828Then why does this nigger own a boat he runs over poor people with?
>>524674828the system is rigged against you
>>524674828>you're poor because of your stupidityAnd you'll burn in hell because of yours.
>Leasing a car is stupid>Buying a car is stupidSo what are we supposed to do if we need a car for work?
Mmmm, no thanks I'd rather vote to steal you money instead LOL!
>>524677725why do you keep spamming this alaskan boomer?
>>524675461The average Californian white person eats out every day.
>>524675691yeah but also his MUH INVESTMENTS case is built on the stock market not being a house of cards scam where ~90% of growth since 2008 has been in inflating asset bubbles and magic beans tech stocks.
Start fake services and get bankrolled by the govt, give some to govt actors, get billions sent.
>>524674828Well I mean like dis nigga ain't wrong fr no cap
