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Why Investing in Stocks Beats Buying a Home · Earn Your Leisure

• 0:01
  Speaker 1: Earners. What's up.
• 0:02
  Speaker 2: You ever walk into a small business and everything just
• 0:04
  Speaker 2: works like The checkout is fast, the receipts are digital,
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  Speaker 1: On what matters most Ready.
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• 1:02
  Speaker 2: Let's Square handle the back end so you can keep
• 1:04
  Speaker 2: pushing your vision forward. This episode is brought to you
• 1:11
  Speaker 2: by P and C Bank. A lot of people think
• 1:13
  Speaker 2: podcasts about work are boring, and sure they definitely can be,
• 1:17
  Speaker 2: but understanding of professional's routine shows us how they achieve
• 1:21
  Speaker 2: their success little by little, day after day.
• 1:24
  Speaker 1: It's like banking with P and C Bank. It might
• 1:27
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• 1:28
  Speaker 2: To save, plan and make calculated decisions with your bank,
• 1:31
  Speaker 2: but keeping your money boring is what helps you live
• 1:34
  Speaker 2: or more happily fulfilled life. P and C Bank Brilliantly
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  Speaker 2: Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty
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  Speaker 2: P and C Bank National Association Member FDIC.
• 1:51
  Speaker 3: What the theory is that with the money that you
• 1:53
  Speaker 3: would have put down on the house, the money that
• 1:56
  Speaker 3: you would have put for maintenance on the house, the
• 1:58
  Speaker 3: money that you would have put for tag, that's going
• 2:01
  Speaker 3: to investments. That's not saying that just live an apartment,
• 2:05
  Speaker 3: rent an apartment, and then you have money and then
• 2:07
  Speaker 3: you just want to just you know, do whatever, go
• 2:10
  Speaker 3: to Vegas and just you know, put it on on
• 2:13
  Speaker 3: your your favorite money line for the rams. No, that's
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  Speaker 3: not responsible. So it is very much so is a conversation.
• 2:22
  Speaker 3: It's actually even probably more relevant to people that's not
• 2:26
  Speaker 3: extremely rich, because the money means more. The money one
• 2:30
  Speaker 3: hundred thousand dollars an average person is going to mean
• 2:32
  Speaker 3: more than five million dollars.
• 2:33
  Speaker 1: To bad money. Right, That's just a fact.
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  Speaker 3: So it's gonna so every every dollar that you make,
• 2:40
  Speaker 3: you got to make sure that you're making the right
• 2:41
  Speaker 3: decision because you can't afford to make the wrong decision.
• 2:45
  Speaker 3: Sometimes I'm like, you can afford to make the wrong decision,
• 2:47
  Speaker 3: be like, Yo, damn, I a million dollars whatever, I'm
• 2:49
  Speaker 3: gonna get that back. But no, you make the wrong
• 2:52
  Speaker 3: decision sometimes in life, ain't there is no coming back.
• 2:55
  Speaker 1: It's no coming back, it's no coming back.
• 2:57
  Speaker 4: And controversial take, but in terms of reward ratio and.
• 3:03
  Speaker 1: Back to the opportunity costs, you should not.
• 3:05
  Speaker 4: Be putting more into a mortgage for a property that
• 3:08
  Speaker 4: you don't fully own. That you're doing to the market
• 3:11
  Speaker 4: when people give pushback on it. I'm a prime example
• 3:14
  Speaker 4: of it. Regardless of whatever else, I stayed a two
• 3:17
  Speaker 4: bedroom condo six seven years. I know people that had
• 3:22
  Speaker 4: seven and eight thousand dollars mortgages and will put three
• 3:25
  Speaker 4: hundred dollars into the market and they always tell me, damn,
• 3:28
  Speaker 4: I should have did it your way. It does not
• 3:31
  Speaker 4: make sense to be house rich in pocket poor, makes
• 3:37
  Speaker 4: no sense at all. It looks glamorous, but when I
• 3:40
  Speaker 4: get to move it around and you see me, Troy Rashid,
• 3:43
  Speaker 4: we just look stressed through free and all that. That's
• 3:46
  Speaker 4: from good decision making. Even my friends Black, Yo, you
• 3:49
  Speaker 4: could have done yes. I could have went and bought
• 3:51
  Speaker 4: that shit, but its shot, Zanda. I love you dearly
• 3:54
  Speaker 4: go a bit so. It feels better to have as
• 3:57
  Speaker 4: college paid for at six years old and he's in now.
• 4:01
  Speaker 4: And if I want to take off three years of work,
• 4:03
  Speaker 4: I can do so because I put the money into
• 4:05
  Speaker 4: the market.
• 4:06
  Speaker 1: To work for me.
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  Speaker 4: That's a fact. That's that money away. If my family
• 4:11
  Speaker 4: needs anything, it ain't a question. Go ahead, I don't
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  Speaker 4: care what it is. My dad want to tear a
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  Speaker 4: doctor for next investments with it attached to whatever you got,
• 4:20
  Speaker 4: you got. You pick your struggle, though, Do you have
• 4:26
  Speaker 4: to pick your You have to either sacrifice being wealthy
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  Speaker 4: later or balling now. All the ballers are spending money,
• 4:34
  Speaker 4: they end up losing that shit. It's not worth it.
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  Speaker 4: That's a guarantee.
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  Speaker 2: That's why I said you're not gonna be able to
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  Speaker 2: and this is coming from a person that was nine
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  Speaker 2: to five. You're not gonna be able to work your
• 4:43
  Speaker 2: way to wealth. It's just not it's just not doing
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  Speaker 2: any possible. Don't matter how many jobs you got, You're
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  Speaker 2: not gonna be able to work your way to wealth.
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  Speaker 1: You have to invest.
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  Speaker 2: It's I mean, that is the message that I'm sending
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  Speaker 2: to every student, every young adult, every adult. Listen to
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  Speaker 2: this man'speed about how how important investment is to now
• 5:02
  Speaker 2: and the future, especially in the in the terms of
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  Speaker 2: AI and the job replacement and the efficiency that is
• 5:08
  Speaker 2: about to happen. Right There was just a study, your
• 5:10
  Speaker 2: Harvard study that said thirteen percent of college graduates can't
• 5:13
  Speaker 2: find a job because it's been replaced.
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  Speaker 1: That's twenty twenty five. That number is only going to increase.
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  Speaker 2: And you have to figure out alternative ways to make
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  Speaker 2: money legally, and investing is at the paramount of that.
• 5:28
  Speaker 1: So you have to have your money to make money.
• 5:30
  Speaker 1: I don't care how much money you have. It has
• 5:32
  Speaker 1: to make money. And and here's and this is it.
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  Speaker 3: Okay, let's let's let's let's coust some Internet nonsense reaction
• 5:42
  Speaker 3: videos investing in stocks is a better investment investing in real.
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  Speaker 4: Estate a thousand percent combination. If you can do both,
• 5:50
  Speaker 4: great office said it.
• 5:55
  Speaker 1: And lived it.
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  Speaker 3: If you have a million dollars you invested in stocks,
• 6:00
  Speaker 3: ninety percent of the time, you're gonna you're gonna make
• 6:03
  Speaker 3: more money than if you if you invested it in
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  Speaker 3: real estate.
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  Speaker 4: Especially if you listen to me, if I made you money,
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  Speaker 4: please but he doesn't chet for what, Listen and think
• 6:14
  Speaker 4: about this. If you black and brown, listen, I've turned
• 6:16
  Speaker 4: turned to speakers up real lout. For the first time
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  Speaker 4: in history. You have the greatest entrepreneurs on the face
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  Speaker 4: of the earth who are white telling black and brown people, yo,
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  Speaker 4: you gotta invest. Before they didn't even want to have
• 6:28
  Speaker 4: a seated at the table. Now it's like, no pull
• 6:30
  Speaker 4: up here it some have some water. Vlad Sam Auman,
• 6:35
  Speaker 4: fucking Jeff Bezis, everybody at Scale is on TV every
• 6:40
  Speaker 4: week saying if you don't invest, I don't know what
• 6:43
  Speaker 4: the economy's gonna look like. They're saying, AI right now
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  Speaker 4: is responsible for thirteen percent of layoffs and could be
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  Speaker 4: twenty six percent by twenty twenty seven.
• 6:52
  Speaker 1: That's not the magic. Just told you got three years.
• 6:55
  Speaker 1: You got three We've got three years, bro.
• 6:57
  Speaker 4: So if he tell you three that to adjust for
• 7:00
  Speaker 4: the media and the real seventeen months.
• 7:04
  Speaker 1: And here's the reality.
• 7:06
  Speaker 2: The things that we see and we have prev to
• 7:08
  Speaker 2: get information about we can't say at all. But like, yo,
• 7:13
  Speaker 2: I'm telling you, Like.
• 7:14
  Speaker 4: The United States government bought a percentage into Intel and
• 7:19
  Speaker 4: said last week they may do with Palenteer.
• 7:22
  Speaker 2: Yeah, amongst other amongst other companies as well, bro. Like
• 7:28
  Speaker 2: and you only that's the crazy part, Like you are
• 7:30
  Speaker 2: the people that they talk about in that type of
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  Speaker 2: cent Like, that's your money.
• 7:33
  Speaker 1: So if they're doing it, hello and not hiding it.
• 7:39
  Speaker 3: So just just be mindful. Like I said, investing in
• 7:41
  Speaker 3: real estate definitely can be helpful and beneficial. I personally
• 7:44
  Speaker 3: have invested in real estate. I believe in real estate.
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  Speaker 3: I just think that a lot of times people make
• 7:48
  Speaker 3: bad decision when it comes to real estate. Buy homes
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  Speaker 3: that you can afford, don't over extend yourself. Understand that
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  Speaker 3: the mortgage benefits to bank more than anybody else. I
• 7:59
  Speaker 3: understand opportunity costs can't come back once it's going. And
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  Speaker 3: you know, just think that's the point the matrix try
• 8:06
  Speaker 3: to make you not think. Everybody just want to do
• 8:08
  Speaker 3: the same thing. If you're a free thinker, then you're
• 8:11
  Speaker 3: you're you're labeled as somebody that's a misfit or a destructionist.
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  Speaker 3: Just think you don't have to every every shoe doesn't
• 8:19
  Speaker 3: fit every single foot. Never feel that, never feel ashamed
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  Speaker 3: because of society's standard is telling you to do something.
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  Speaker 3: Your goal is to get to what your number is.
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  Speaker 3: If your numbers a million, that's your number, five million,
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  Speaker 3: ten However you do it, I don't care how you
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  Speaker 3: do it. If you're living in a one bedroom apartment,
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  Speaker 3: if you if you get to ten million, you want
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  Speaker 3: hello Hello.
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  Speaker 4: And then for those of you who have money, the
• 8:44
  Speaker 4: battle between you to get a large house to celebrate
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  Speaker 4: or a modest house which everyone allows you the most freedom,
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  Speaker 4: where your money is not stressed too.
• 8:52
  Speaker 1: There be your tager be organized at all times.
• 8:59
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