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Study Hall: ONLY BUY THINGS THAT CAN BE SOLD · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J.
• 0:20
  Speaker 2: Trump's leadership.
• 0:21
  Speaker 1: I'm Christy nom the United States Secretary of Homeland Security.
• 0:25
  Speaker 1: Under President Trump, attempted illegal border crossings are at the
• 0:29
  Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
• 0:33
  Speaker 1: aliens have been arrested. If you are here illegally, your
• 0:37
  Speaker 1: next you will be fined nearly one thousand dollars a day, imprisoned,
• 0:41
  Speaker 1: and deported.
• 0:42
  Speaker 2: You will never return.
• 0:44
  Speaker 1: But if you register using our CBP home app and
• 0:47
  Speaker 1: leave now, you could be allowed to return legally.
• 0:50
  Speaker 2: Do what's right. Leave now.
• 0:53
  Speaker 1: Under President Trump, America's laws, border and families will be protected.
• 0:57
  Speaker 3: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 4: Here's the discouraging thing.
• 1:02
  Speaker 5: The odds of becoming a millionaire in America is one
• 1:06
  Speaker 5: out of one every thirty two people will become a millionaire.
• 1:10
  Speaker 5: That's uh three percent. That's not encouraging. But what is
• 1:19
  Speaker 5: encouraging is that so especially if you're black. Let's just
• 1:23
  Speaker 5: be honest, right, it's almost impossible.
• 1:24
  Speaker 4: Become a millionaire.
• 1:26
  Speaker 5: But once you become a millionaire, the odds of you
• 1:29
  Speaker 5: hitting ten million is inevitable because just think about it,
• 1:35
  Speaker 5: Once you have a million, how hard is it to
• 1:38
  Speaker 5: get too noly that difficult? You just got to flip that.
• 1:41
  Speaker 5: You can just put it in an index funds. Might
• 1:43
  Speaker 5: take seven years, might take ten years. You'll get you'll
• 1:47
  Speaker 5: double your money at some point. And then once you
• 1:51
  Speaker 5: get two million, then you just got to flip that
• 1:54
  Speaker 5: to four million. So once you get four million, you
• 1:57
  Speaker 5: just got to flip that to eight million, and then
• 2:00
  Speaker 5: once you just gotta flipped at the ten to twelve million,
• 2:03
  Speaker 5: it's almost inevitable. You know why a lot of people
• 2:09
  Speaker 5: don't do it, It is because they start doing stupid things.
• 2:13
  Speaker 5: Once you get money. Now you start now you start
• 2:15
  Speaker 5: becoming stupid, and it's like this is something that this
• 2:20
  Speaker 5: is just the old school rule. Now, this is just
• 2:21
  Speaker 5: the old school rule where it's like, come on, don't
• 2:26
  Speaker 5: buy anything that can't be sold.
• 2:29
  Speaker 6: Now, no, you gotta stop there, just pause for a second.
• 2:32
  Speaker 6: So they really like, you gotta let that soak in.
• 2:34
  Speaker 6: Never buy anything that can't be sold. Now the word never,
• 2:37
  Speaker 6: of course that's a little strong. But try not to
• 2:42
  Speaker 6: buy too many things that can't be sold because eventually
• 2:45
  Speaker 6: you might need to sell. So, right, So this goes
• 2:49
  Speaker 6: to this is advice for the rappers and the athletes,
• 2:52
  Speaker 6: and it's like, yeah, you're buying these things. You're buying
• 2:55
  Speaker 6: a bunch of clothes, three hundred thousand dollars a month
• 2:57
  Speaker 6: on clothes, bust down watches, Lamborghinis, stupid. So when I say, like,
• 3:04
  Speaker 6: don't like what can be sold, stocks, playing, Jaine, watches,
• 3:10
  Speaker 6: real estate. These are things that if you're in a
• 3:12
  Speaker 6: gym you might need to liquidate at some point, only
• 3:16
  Speaker 6: by things that can be sold. And it's like even
• 3:19
  Speaker 6: going back to like just from a security standpoint, and
• 3:22
  Speaker 6: this this is something that you know they need to
• 3:24
  Speaker 6: have like a class for like new people that get
• 3:26
  Speaker 6: money with like rappers and stuff like that. And if
• 3:28
  Speaker 6: you really think about it, like I was talking to
• 3:29
  Speaker 6: one of my friends and I'm like, all these rappers, Like,
• 3:33
  Speaker 6: if you really think about it, you only get robbed
• 3:36
  Speaker 6: for one or two things. You get robbed for a
• 3:39
  Speaker 6: chain flooded chain or like a bust down watch. But
• 3:44
  Speaker 6: you can't. They can't take what you don't have. You know,
• 3:47
  Speaker 6: the best way to get not get robbed.
• 3:49
  Speaker 5: Don't have it, don't have nothing on it you. They
• 3:52
  Speaker 5: can't take what you don't have. Like we were in
• 3:54
  Speaker 5: a dinner the other day, it was me Troy, another gentleman.
• 3:57
  Speaker 5: I'm like, we can have a million. We can have
• 3:59
  Speaker 5: a billion dollars between us three right now, and a
• 4:02
  Speaker 5: robber come in. He gonna walk right past us because
• 4:04
  Speaker 5: we don't have anything that you can take. They're not
• 4:07
  Speaker 5: gonna hold you hostage. It's not like a third world country.
• 4:09
  Speaker 5: They're gonna hold you hostage, but they will try to
• 4:12
  Speaker 5: kill you for a necklace that really costs twenty thousand
• 4:15
  Speaker 5: dollars in the grand scheme of things. You know what's
• 4:18
  Speaker 5: so crazy about a necklace that costs twenty thousand. It
• 4:21
  Speaker 5: just looks like it costs a lot of money. You
• 4:23
  Speaker 5: probably gotta spend ten thousand dollars a month in security
• 4:28
  Speaker 5: just to secure it. So over the cost of a
• 4:30
  Speaker 5: couple of months, you're gonna spend more money in security
• 4:33
  Speaker 5: than your jewelry costs. And you can't even sleep at
• 4:36
  Speaker 5: night because you're so scared try to take it from you.
• 4:39
  Speaker 5: So it's like this goes back to just having a
• 4:41
  Speaker 5: certain level of insecurity. You're doing this because you're insecure
• 4:44
  Speaker 5: and you're trying to make up for it. But I
• 4:47
  Speaker 5: promise you, the same girl that you could have got
• 4:49
  Speaker 5: with the necklace, you could have got without the necklace.
• 4:52
  Speaker 4: You really could have. You really could have. No, you
• 4:55
  Speaker 4: really could have.
• 4:56
  Speaker 7: I bagged a bunch of So.
• 4:59
  Speaker 5: You really got to start thinking about it. It is it
• 5:04
  Speaker 5: really that that core?
• 5:05
  Speaker 4: Is it worth it?
• 5:06
  Speaker 5: It might be, but to me it's not worth it,
• 5:10
  Speaker 5: and I think about it, it's just that simple. You
• 5:15
  Speaker 5: can't take They can't take what you don't have. So
• 5:19
  Speaker 5: it's like you could walk through any neighborhood and have
• 5:23
  Speaker 5: nothing on and you're gonna be okay as soon as
• 5:26
  Speaker 5: you put this constant jurry on and it might not
• 5:28
  Speaker 5: even be real. But now what you're doing is that
• 5:31
  Speaker 5: you're taunting people that are starving, and now you're making.
• 5:35
  Speaker 6: This episode is brought to you by P and C Bank.
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• 6:19
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• 6:23
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• 6:26
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• 7:26
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 7:29
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 7:33
  Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
• 7:37
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 7:41
  Speaker 1: some of the heinous migrant criminals caught because of President
• 7:45
  Speaker 1: Donald J.
• 7:46
  Speaker 2: Trump's leadership.
• 7:47
  Speaker 1: I'm Christy Nohm, the United States Secretary of Homeland Security.
• 7:51
  Speaker 1: Under President Trump, attempted illegal border crossings are at the
• 7:55
  Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal
• 7:59
  Speaker 1: aliens have been aroused. If you were here illegally, your
• 8:03
  Speaker 1: next you will be fine nearly one thousand dollars a day,
• 8:06
  Speaker 1: imprisoned and.
• 8:07
  Speaker 2: Deported you will never return.
• 8:10
  Speaker 1: But if you register using our CBP home app and
• 8:13
  Speaker 1: leave now, you could be allowed.
• 8:15
  Speaker 2: To return legally. Do what's right. Leave now.
• 8:19
  Speaker 1: Under President Trump America's laws, border and families.
• 8:23
  Speaker 3: Will be protected sponsored by the United States Department of
• 8:25
  Speaker 3: Homeland Security.
• 8:26
  Speaker 5: Giking yourself a target, So if you're not even properly
• 8:29
  Speaker 5: secured now, you're really going to be on a dinner plate.
• 8:32
  Speaker 5: And to actually not be on a denti plate, you
• 8:35
  Speaker 5: got to spend so much money in security that that's
• 8:37
  Speaker 5: more of a liability than anything I'm.
• 8:40
  Speaker 4: Going to title this. Don't end up on a dinner plate,
• 8:44
  Speaker 4: only by things that.
• 8:45
  Speaker 7: Can be And that's tier one of thievery. Tier two
• 8:49
  Speaker 7: are the investment professionals and advisors that may steer you
• 8:53
  Speaker 7: wrong record labels. If you die, they get all your
• 8:56
  Speaker 7: royalties and perpetuity your master's Kevin Garnett got taken for
• 9:03
  Speaker 7: thirty something million, right, Tim Duncan got taken for forty
• 9:07
  Speaker 7: something million. You think Usang got taken by accident? I
• 9:15
  Speaker 7: really believe when these deals come through, And this is
• 9:19
  Speaker 7: why I hate the handler thing. The handler thing in
• 9:22
  Speaker 7: Hollywood was created to keep the artists or entertainment drugged up.
• 9:26
  Speaker 7: That's why I want the handlers. I think the agents
• 9:30
  Speaker 7: a lot of times hand off the money and the
• 9:33
  Speaker 7: contracts amongst their peer groups and say hey, let's wait
• 9:36
  Speaker 7: four or five years and they drain drug. Nicholas Cage
• 9:38
  Speaker 7: has seven hundred and twenty two movies on Netflix, doesn't
• 9:42
  Speaker 7: have the net work that he should because money was squandered. Yes,
• 9:45
  Speaker 7: but advisors and people that had POA over its account
• 9:51
  Speaker 7: stolen out of money as well. You gotta be careful,
• 9:56
  Speaker 7: watch for the thieves.
• 9:57
  Speaker 4: Be careful.
• 10:00
  Speaker 5: The last thing, remember that, remember that act like you scrambling.
• 10:08
  Speaker 5: Only buy things that can be sold. Save three times
• 10:12
  Speaker 5: before you spend. Save three times before you spend. Save money,
• 10:16
  Speaker 5: learn how to save.
• 10:18
  Speaker 4: You don't.
• 10:18
  Speaker 5: I'm telling you you're spending money on things, spending money
• 10:22
  Speaker 5: on things that when you look back on it, it's
• 10:24
  Speaker 5: not even worth it. And I'm guilty of it. Like
• 10:26
  Speaker 5: I spend so much money on clothes. It's not it's
• 10:28
  Speaker 5: not worth it. You can't be an extremist. You gotta
• 10:32
  Speaker 5: have fun, you gotta take a vacation, you gotta buy clothes.
• 10:34
  Speaker 5: But be careful, Be careful because all of the money
• 10:40
  Speaker 5: that you're spending on on women, on clothes, on cars,
• 10:46
  Speaker 5: on jewelry. When the rain comes, because it's going to rain.
• 10:51
  Speaker 6: When the rain, when the ring comes, you need an umbrella.
• 10:56
  Speaker 4: The rain came, the pain can be mindful. Be mindful
• 11:00
  Speaker 4: for all. Right, let's talk about Ken Griffin.
• 11:08
  Speaker 7: That was a five segment.
• 11:09
  Speaker 4: Though appreciate needed jury.
• 11:14
  Speaker 3: Most juris close, you know what, and.
• 11:18
  Speaker 5: We'll talk about our journey at the World Economic Form.
• 11:22
  Speaker 5: But it's not even respected. That's another thing too. It's
• 11:27
  Speaker 5: like you you're doing things that it's respected in our neighborhoods,
• 11:33
  Speaker 5: but it's look like a clown, like a mascot, like
• 11:38
  Speaker 5: a mascot. Like imagine a mascot. Imagine how you imagine
• 11:41
  Speaker 5: if you was in the street right now and you
• 11:42
  Speaker 5: saw the mascot for I don't know, the Yank the
• 11:46
  Speaker 5: Atlanta Braves or somebody or whoever, like saw a random
• 11:50
  Speaker 5: mascot walking down the street, you will look like, Yo,
• 11:53
  Speaker 5: what the hell is a mascot? So when when you're
• 11:56
  Speaker 5: around people with real money and this is how you
• 12:00
  Speaker 5: look like a mascot.
• 12:01
  Speaker 6: I think that's the first sign of that somebody has
• 12:04
  Speaker 6: just come into money, like especially in the in the
• 12:07
  Speaker 6: rooms and the streets we were walking.
• 12:10
  Speaker 4: You didn't see any of that.
• 12:11
  Speaker 6: You didn't see any of us. And I'm not I'm
• 12:13
  Speaker 6: not knocking anybody that does that, but it was one
• 12:15
  Speaker 6: of those signs like, Okay, well we don't want people
• 12:18
  Speaker 6: to know we have it.
• 12:19
  Speaker 5: We have it, but if you know, you know, because
• 12:21
  Speaker 5: that's because you know, you know, when the dude came
• 12:23
  Speaker 5: up to us, Yeah, he said, nice watch. Let's start
• 12:28
  Speaker 5: the conversation.
• 12:29
  Speaker 4: That the first thing we're going to talk about. Let's
• 12:30
  Speaker 4: start the conversation there based off of your watch. Yeah,
• 12:34
  Speaker 4: this is the nice watch table. No diamonds, be mindful.
• 12:41
  Speaker 5: My graduates from my school being forced back drop drop Mike,
• 12:47
  Speaker 5: drop bag drop drop.
• 13:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 13:04
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 13:08
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 13:12
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 13:16
  Speaker 1: some of the heinous migrant criminals caught because of President
• 13:20
  Speaker 1: Donald J.
• 13:20
  Speaker 2: Trump's leadership.
• 13:21
  Speaker 1: I'm Christy Noman, the United States Secretary of Homeland Security
• 13:25
  Speaker 1: under President Trump, attempted illegal border crossings are at the
• 13:29
  Speaker 1: lowest levels ever recorded, and over one hundred thousand illegal aliens.
• 13:33
  Speaker 2: Have been arrested.
• 13:35
  Speaker 1: If you are here illegally, your next you will be
• 13:38
  Speaker 1: fined nearly one thousand dollars a.
• 13:40
  Speaker 2: Day, imprisoned, and deported. You will never return.
• 13:44
  Speaker 1: But if you register using our CBP home app and
• 13:47
  Speaker 1: leave now, you could be allowed to return legally.
• 13:50
  Speaker 2: Do what's right, leave now.
• 13:53
  Speaker 1: Under President Trump, America's laws, border and families will be protected.
• 13:58
  Speaker 3: Sponsored by the United States Department of Homelandsecurity,