• Millennials Are About To Go Broke
    by Graham Stephan on June 11, 2021 at 10:30 pm

    Sign up for Otis with my link: https://withotis.app.link/GrahamStephan and get your first share FREE when you fund your account – terms apply. Here is why Millennial Net Worth has been declining – Enjoy! Add me on Instagram: GPStephan GET YOUR FREE STOCK WORTH UP TO $70 ON PUBLIC & SEE MY STOCK TRADES – USE CODE GRAHAM: http://www.public.com/graham THE NEW PODCAST: https://www.youtube.com/channel/UCMSYZVlQmyG8_2MkIKzg0kw The YouTube Creator Academy: Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF This is a sponsored ad from Otis. Securities offered through Dalmore Group, LLC, member FINRA (www.finra.org) member of SIPC (www.sipc.org) Disclaimer: http://withotis.com/ow-disclaimer Offering Circular: https://withotis.app.link/Offering Circular Millennial Net Worth: CNBC reports that, in 1989, when baby boomers were around the same age as millennials are today…they controlled 21% of the nations wealth, which is almost 5X HIGHER than Millennials own, today – here’s why: 1. Student Loan Debt On average, the cost of a college education has risen 65% in the last 10 years. Alongside that… wage growth – on average – has only gone up about 26% in the last 10 years…And to make matters worse…on average, millennials who graduate with a student loan have a debt of more than $30,000. In 1970, only 16% of people had a college degree or higher, and today, nearly 40% of millennials in the workforce have a bachelors degree. This means that, back then, not only was college CONSIDERABLY less expensive than it is today, but it was FAR more exclusive and demanded a much higher salary.  2. Millennials are not investing. In fact, it was found that 43% of millennials are just straight up NOT investing anything…and almost 50% of them are WAITING to invest until they earn more money. Unfortunately, it appears that the main issue behind all of this…is simply just a lack of education, and the proper guidance in terms of HOW TO invest – which can be incredibly simple. 3. Lack of Home Ownership Millennials have been 8% LESS LIKELY to own real estate than previous generations for several reasons: first, being home prices. It’s said that millennials are paying a median price of $328,000 for a home…while baby boomers only had to spend $216,000…adjusted for inflation….in 1989. Because of that, nearly one fifth of millennials said they planned to rent forever…and of the millennials who DO plan to buy a home…63% have no money saved up for a down payment. Second, student loan debt. The cost of tuition is up…wages are down…and, in turn, even if you DO have a job – you’re making less, comparatively, to previous generations. Even though there CAN be benefits of getting a college degree…and it CAN be a pre-requisite for securing a job…it’s certainly becoming a lot more common, and therefore, less impactful towards getting a boost in salary. Third, millennials are making less money.  Surprisingly, 62% of millennials are living paycheck to paycheck…and, overall..they’re making 20% LESS than baby boomers did at the same age. So, put all of that together…and you have a combination of factors that all make home ownership less possible, which – in turn – lowers the homeownership rate – and then, in turn – means millennials own less wealth. Fourth, lower millennial net worth. This study found that the typical Baby Boomers had about $113,000 — in today’s dollars — in wealth in 1989, when they were in their early 40s. On the other hand, recently….older millennials had a net worth of just $91,000 in 2019. In fact, if we just look at AVERAGES across the board, overall….the AVERAGE net worth of millennials is just $8000… It’s also INCREDIBLY important to realize that, at the end of the day – all the income in the world won’t help if you don’t consistently SAVE AND INVEST, so that way, you can participate in the markets going up in value over time. My ENTIRE Camera and Recording Equipment: https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/

  • Why Unemployment is Lagging + a New Real Estate Tax Credit | Money Market Recap
    by BiggerPockets on June 11, 2021 at 2:00 pm

    If there are 7 million experiencing unemployment and 8 million job listings, shouldn’t the unemployment crisis be solved? As Dave will explain this week, it isn’t so simple. We talk through May’s job report statistics and how COVID-19 is still affecting the economy as a whole. We’ll also go into the FHFA’s decisions to extend forbearance relief another 3 months, and a new real estate tax credit that some qualifying rehabbers definitely should look into. All that and more in this week’s update! Let us know if you heard any other interesting stories from the finance, stock market, or money world in general, we may discuss it in our next update! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup ~~~~ Last Week’s Episode on Stock Gains and Mortgage Rates: https://youtu.be/BtQyltrAynI ~~~~ How the Unemployment Rate Affects Us All: https://www.biggerpockets.com/blog/unemployment-rate-affects-everyone ~~~~ Connect with Dave on BiggerPockets: https://www.biggerpockets.com/users/DaveM27 00:00 This Week’s Financial News 00:36 Why Isn’t Employment Bouncing Back? 02:26 Silver Lining for Multifamily Owners 03:41 Tax Credits for (Some) Real Estate Rehabbers

  • Why You’re ALWAYS In Conflict With Yourself
    by Bryan Casella on June 11, 2021 at 1:00 pm

    #Identity #BryanCasella Lately, a lot of individuals coming to me asking for help are at conflict with themselves. Well, they think they’re in conflict with themselves.. but they’re not. You’re constantly fighting 2 versions… which is the REAL you and the FAKE you (accumulation of advice, beliefs, philosophies, etc…) Do you know why you’re always in conflict with yourself? Let’s see one of the many reasons why in this video.. I’ve seen Depersonalization and derealization come up, and have begun to explore these “new” terms for “disorders” . I will report back soon discussing. Check me out here ✅ 🖥Main Website: http://www.bryancasella.com ✅Modern Success: http://bit.ly/modern-success Supreme Being Podcast YT Channel: https://tinyurl.com/y3g5acqh Supreme Being Podcast – Available on Spotify, iTunes, Google Play, Stitcher, and Podomatic: https://mpi2017.podomatic.com My videographer/editor: https://taplink.cc/cant_stop_jay If you are a real estate agent and would like to partner with me at eXp Realty, go to https://www.partnerwithteambc.com. Watch the video and schedule a call with me. All business inquiries: bryancasella25@gmail.com Instagram: https://www.instagram.com/bryancasella/ Facebook: https://m.facebook.com/BryanCasellaBC/ Twitter: https://twitter.com/BryanCasella Products: http://www.bryancasella.com/products

  • How do you find and pick your deals – Grant Cardone
    by Grant Cardone on June 11, 2021 at 11:00 am

    What do you want to do with your money? You need to clarify that so you can pick the right deals. Finding the deals is not the problem, the art is in picking the right deals. In order to pick the right ones you need to determine what do you want to do with your money? To learn more about investing and real estate, join my free live webinar. Click the link below: https://www.grantcardone.comrei #investing #realestate —– ► More Grant Cardone Instagram: https://instagram.com/grantcardone iTunes: https://itunes.apple.com/us/podcast/cardone-zone/id825614458 ► This is an AD FREE Channel with new videos added daily concerting #RealEstate #Investing #Entrepreneur #Money #Sales #Scaling #Leadership #Socialmedia #Marketing #10 #Speaking #Family #Finance Subscribe to Grant Cardone YT Channel: https://www.youtube.com/user/GrantCardone?sub_confirmation=1 — Grant Cardone Career and Bio TV Undercover Billionaire CEO – CardoneCapital.com Real Estate Holdings 2.2B AUM Founder – 10X Movement Business Conferences Worldwide Author – The 10X Rule. (Plus eight more biz books) Philanthropy Grant Cardone Foundation – Support kids without fathers. Raised Over 100M for Charites This is not an offer, solicitation of an offer, to buy or sell securities. Past performance is not an indication of future results. Investing involves risk and may result in partial or total loss. Prospective investors should consider carefully investment objectives, risks, charges and expenses, and should consult with a tax or legal adviser before making any investment decision. For additional information, visit www.cardonecapital.com/disclosures.

  • Giving Up 80% Of His Income to Invest in Apartments
    by BiggerPockets on June 10, 2021 at 9:00 pm

    Most people think that if you give someone a good job, high pay, and a comfortable desk to sit at every day, they’ll be happy. Those of us in the real estate investing community know that that’s far from true. Pursuing your dreams can often be more important than being able to cash in that paycheck every two weeks, and can lead to far greater riches in the future. So how do you know when to jump ship and chase what you’re passionate about? We talk to Robert Martinez, founder of Rockstar Capital, about ditching corporate sales to invest in apartments and other multifamily rentals. Robert has raised $14m in equity, and in this episode, he shares how he got to where he is today and tactical tips that helped him along the way. He drops a ton of value bombs about all things multi-family that you don’t want to miss. ~~~~ Connect with Robert: Robert’s instagram handle: @apartmentrockstar Robert’s website: https://www.rockstar-capital.com/ Check out the live Q&A with Robert here: https://youtu.be/Od54jWaJpdQ Connect with the show hosts for more great information on investing in multi family properties! Terrance Doyle: Instagram: @terrancedoyle BiggerPockets: https://www.biggerpockets.com/users/TerranceDoyle LinkedIn: https://www.linkedin.com/in/tjdoylemathew633/ Chris Lopez: Instagram: @chrislopez_co BiggerPockets: https://www.biggerpockets.com/users/chlopez LinkedIn: https://www.linkedin.com/in/christaylorlopez/ 00:00 Intro 2:00 Robert Background 16:43 Partnerships 56:11 Valencia Place 1:11:00 Mentorship 1:16:35 Robert’s Super Power