Latest / Kenny Wallace Media / Let's Talk About Money

Transcript

Let's Talk About Money · Kenny Wallace Media

• 0:01
  All right, emergency press conference as Kim's birthday
• 0:05
  balloon still float around the living room. 6 O.
• 0:11
  If she ain't going to pop them and throw them away, well, then
• 0:13
  neither am I. Louis.
• 0:15
  The legend. All right, coffee with Kenny.
• 0:19
  Emergency press conference here. So one of the greatest comedians
• 0:24
  of all time. Jim Carrey turning 62 years old
• 0:28
  today. So this message coffee with
• 0:31
  Kenny is for you. 20 year olds out there.
• 0:36
  Well, hell, could be 40. But anyway, you know, I've raced
• 0:39
  in Japan a couple times. Suzuka, Circuit, Motigi.
• 0:44
  We've been in Canada. We've been all over.
• 0:46
  You know, maybe not the world, but we, we, we've done some
• 0:49
  travelling. People say to me, Herman, tell
• 0:53
  me about Saint Louis. Seems like a really shitty town.
• 0:56
  I'm like, Oh yeah, stay away from Saint Louis.
• 1:01
  I kind of. I kind of take the approach like
• 1:04
  Kid Rock does Detroit where bad son of a bitches stay away.
• 1:09
  Anyway, I just go with it and have a good time.
• 1:11
  But Saint Louis is an awesome town gateway to the West, mighty
• 1:16
  Mississippi. The Arch.
• 1:18
  We got it all. Got a lot of money in our town.
• 1:21
  Monsanto, McDonnell Douglas. Anheuser Busch Enterprise.
• 1:25
  Rent a car, Ralston Purina. But we got it going on here, so
• 1:30
  don't let Saint Louis fool you. There's a lot of stuff going on
• 1:33
  here. We just a shitting little town
• 1:35
  that cannot keep an NFL football team.
• 1:38
  Which is fine. That's fine.
• 1:39
  We don't need the NFL anyway. So, Herman, get with it.
• 1:44
  What the hell is this all about? Well, Jim Carrey, the greatest
• 1:48
  comedian of our generation, man, that guy, he can imitate and
• 1:53
  make faces. He turning 62 today.
• 1:57
  And so people say tell me about Saint Louis.
• 2:00
  And I said, well, we're Missouri frugal.
• 2:03
  They said Missouri frugal. I said, Oh yeah, I asked Lee
• 2:06
  Spencer, one of the NASCAR, you know media people about that.
• 2:10
  So Missouri frugal means we're a big union town.
• 2:16
  I don't really think we need union now.
• 2:18
  And I know that's controversial, but there's so many rules and
• 2:22
  regulations by the US government now that, yeah, I I don't, I
• 2:26
  mean, I guess it's OK to be part of a club.
• 2:29
  But yeah, So anyway, I am Missouri frugal.
• 2:36
  I'm very cheap. The joke about the NASCAR money,
• 2:40
  that was some of the people just making that joke.
• 2:43
  But people are like, what's Missouri frugal?
• 2:46
  I said, well, that means, you know, if you ask me for $10 on
• 2:50
  Monday and you don't pay it back by Friday, we're going to fight
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  $10 is a lot in Missouri. All my friends.
• 2:58
  Kevin Gundaker, the gundakers, maybe.
• 3:02
  Couple people said, man, Wallace is Wallace is cheap.
• 3:05
  He's real frugal. I'm like, if you'd have been as
• 3:08
  broke ass as I was when I was a kid, you'd be.
• 3:10
  You'd be cheap too. But so we spend money on the
• 3:15
  right things, Herman. Get that a damn point.
• 3:18
  All right, so here's the deal. Jim Carrey turning 62.
• 3:22
  It was just like yesterday. Now this is a message to you
• 3:25
  young kids. It was just like yesterday.
• 3:29
  I found an investor years ago and I put money away for my
• 3:35
  children in 529 college plans. All right?
• 3:39
  Then I opened up insurance, annuities and money markets and,
• 3:44
  you know, mutual funds and started doing that all by myself
• 3:49
  through, you know, some investment firms with some help
• 3:55
  of my CPA accountant who is also my life coach.
• 3:58
  His name is Ashok. He's a badass and he's helped.
• 4:03
  He's helped me navigate some of you dumbasses out there.
• 4:07
  And I always come out of winter because of a choke.
• 4:09
  But anyway, I found John Scatoni on the North Side of Chicago,
• 4:15
  and I can remember sitting in his office and we, we'd say, you
• 4:18
  know, this was my this, this is very private.
• 4:22
  I can't believe I'm telling you all this because I like you all
• 4:25
  to think I'm a dumb ass because it's easier for me to entertain.
• 4:28
  But I'm super smart, damn it. I don't want you all to know
• 4:32
  that. So anyway, I had my team of
• 4:35
  three, myself, Ashok and Scatoni and we're sitting up there in
• 4:38
  Chicago at the office and I, he's my broker and we circled 58
• 4:45
  years old and that's when I was going to retire and working my
• 4:50
  balls off. I mean just day and night
• 4:53
  grinding. And I said hell, I'll never,
• 4:56
  I'll never be 58 anyway. You circle that shit all you
• 4:59
  want. So here I am looking at Jim
• 5:04
  Carrey 62 now made me decide to make this video.
• 5:07
  I have a message for all of you kids out there.
• 5:11
  Put your money away, man. I when it come time for my kids
• 5:16
  to go to college, the money was there.
• 5:19
  When it came time for my kids to buy their first house, the money
• 5:24
  was there. When these grandbabies come
• 5:26
  around, the money was there and I've been able to retire because
• 5:32
  of doing something that you're taught at an early age, but you
• 5:35
  just don't get it. I'm telling you if you I, I I'm
• 5:40
  just sharing this with you because I hope it inspires you.
• 5:44
  I look at some of my investments now and I'm like, holy moly,
• 5:48
  it's been 2530 years since then and the money is like, tripled.
• 5:53
  If you put your money away, I mean, if you put man, you know,
• 5:58
  I mean it's true. If you put $100 a week away, if
• 6:01
  you can do that, if you can just do something, when you get to be
• 6:05
  60 like I am, you'll shit in your pants.
• 6:08
  You'll go, So you find an investor and you put the money
• 6:14
  away and you put it in all the right things.
• 6:16
  There's no trick. It's just that if you put it
• 6:19
  away and just live your life, put your money away.
• 6:22
  I got a friend near Lauren. Lauren worked for union forever
• 6:28
  and he put his money away and he shitting into all cotton.
• 6:31
  Now who would have thunk? Yeah, just Lauren right here.
• 6:35
  And he said that there was one guy that changed his mind.
• 6:39
  Said an old guy stood up in front of the union hall and he
• 6:42
  looked. Everybody goes, listen, it's too
• 6:44
  late for me because I was a dumb ass.
• 6:46
  But it's not too late for you. Put put $100 a week away and
• 6:52
  when it's time for you to retire, you'll go, Damn, I'm
• 6:54
  glad I listened to that guy. So I want to say to all of you,
• 6:57
  listen to me, because it worked for a lot of people.
• 7:00
  I know it worked for me. Just put a little bit of money
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  away right now. I know a lot of you dirt racers
• 7:06
  spend that $100 bill, but don't don't be a Dirt dobber.
• 7:10
  A Dirt Dobber is a nickname for somebody Just runs dirt and gets
• 7:14
  to be 50 years old, looks around and goes, shit, I'm broke.
• 7:18
  So just get it all together, OK? Create a nice little nucleus,
• 7:27
  put your money away and you'll look up one day and you'll see
• 7:30
  Dave Chappelle. And you're like, damn, I
• 7:32
  remember when Chappelle was a comedian and acting funny and
• 7:36
  damn, he's 80 now and I'm 60. And when you get to be 60,
• 7:40
  you'll go, man, I thank you, Kenny Wallace.
• 7:43
  But start putting fifty $100 a week away and listen, you got to
• 7:49
  do it even if you can't afford it.
• 7:51
  You got to figure it out. Because if you don't do that,
• 7:55
  you'll be working at 70 years old.
• 7:57
  Now here's the deal. You can do whatever you want to
• 8:00
  do. For example, I'm retired, but
• 8:03
  I'm still working. If you put that 50 or $100 away
• 8:06
  every week, when you hit 60, you can do whatever the hell you
• 8:10
  want to do, Then you know then nobody has you.
• 8:13
  All right? Words of wisdom by The
• 8:15
  Herminator. I don't know this guy on this
• 8:17
  video. Who the hell is that?
• 8:20
  You're welcome.