It sounds you were describing syndication. It’s fantastic. I first learned of it in 2018 with Grant Cardone. I love the idea of syndication. Bigger Pockets guy also does it, but you have to be accredited with him. I was interested in grouping 10 people to go in, as a team, and explore commercial or huge multi family real estate. No one wants it as bad as they want to breathe though. Love to hear more. Stay exploring! -A A Ron
@arnoldsshowcattle3 күн бұрын
How can I get in contact with Brian and his investing group, I have been searching for a group like this in Pittsburgh area for 3 years now !!!
@wleight15 күн бұрын
Currence is crushing for us!
@KsaRuni6 күн бұрын
U need a professional KZbin thumbnail designer and video SEO expert?
@wyattandweston7 күн бұрын
This needs way more views. Everyone needs to be exposed to a way of thinking that challenges the typical paradigm pushed on us.
@RemnantFinance7 күн бұрын
@@wyattandweston Arrigato!
@wyattandweston7 күн бұрын
Shane is the man!
@wyattandweston7 күн бұрын
Love it! Thank you for this discussion, it adds a lot of value.
@RemnantFinance7 күн бұрын
@@wyattandweston hooyah!
@MeJonTheDon11 күн бұрын
This completely negates the simple concept of liquidity cycles. If you do this on one side, you win, if you do this on the other you lose. If you stop going in debt, you may not win as much, but you also win, without the risk
@mccoyji11 күн бұрын
Infinite banking? lol
@wleight113 күн бұрын
Rave Damsey wouldn’t be such a subject of ire if he would just keep his loud and incorrect opinions of WL to himself.
@RemnantFinance12 күн бұрын
He just put out another rant a couple days ago that I might do another response video to.
@JesusEsDios00714 күн бұрын
You can plan but most things are not certain. You can control so much.
@BA-hy5jx18 күн бұрын
So the economy is built on sand, the bond and stock market are a scam and so instead you should go buy life insurance? What do you think life insurance companies do with the premiums you pay? They invest them in the bond and stock market. Good god.
@CharlesVaughn-bm9gq18 күн бұрын
Whole life insurance is a poor way to save for retirement. Very poor returns. It has other purposes but not for accumulating wealth for retirement. Plus, if you die the insurance company keeps your cash value. It’s an asset on their balance sheet. That’s why you have to pay interest on the amount you borrow from your cash value. Because it’s their money!
@RemnantFinance18 күн бұрын
It’s not about rate of return. That’s for investing. It’s about an optimal place to save capital. The insurance company “keeps your cash value” is a common misunderstanding of what cash value is. We’ll be releasing a podcast that goes in depth on this very topic in the coming weeks. We know that. We are borrowing their money via a policy loan, not ours. There’s always a cost of financing. You finance everything you buy!
@CharlesVaughn-bm9gq18 күн бұрын
Uh, no. The 401k is a great way to save for retirement. Usually there is a match such as a jfifty percent match up to six percent of your contribution. Save six percent of your salary with a match of three percent for thirty to forty years and you will do great.
@RemnantFinance18 күн бұрын
A great way for whom?
@wyattandweston18 күн бұрын
You’re aware a 401k is merely a tax treatment right? It’s just a tax play. Which is great, like many other tax plays. But you’re just saying that hoping the market performs well is a great way to save (which is inherently not saving) then tack on an IRS code benefit to the investment. Saving is not investing. I get my tax benefits from real estate, seems like you get yours from government plans. But neither of those are saving, they’re investing.
@sjovmaiin18 күн бұрын
gold and silver not whole life
@RemnantFinance18 күн бұрын
@@sjovmaiin will be leaving my family both. They’re not mutually exclusive, and one can be used to acquire the other more optimally.
@karlhs473518 күн бұрын
Less Government is Good Government
@RemnantFinance18 күн бұрын
It sure seems that the size of government and amount of freedom are inversely proportional.
@SkipDulcet18 күн бұрын
Benjamin Graham, no wonder i like you guys right away
@RemnantFinance18 күн бұрын
He knew what was up!
@SkipDulcet18 күн бұрын
I like your perspective, subbed
@RemnantFinance18 күн бұрын
Thanks!
@SamuriNinja9019 күн бұрын
I just hide all my money in my mattress. Can’t get any safer than that.
@RemnantFinance18 күн бұрын
I prefer shoe boxes.
@_Delta_P_17 күн бұрын
That’s an awful idea
@wleight119 күн бұрын
29:37 Society as a whole has been conditioned to use words like “enough” without question.
@RemnantFinance18 күн бұрын
This is “too much”
@weshoward375319 күн бұрын
Man you guys always fire me up! Thank you both so much for the boldness, challenging thoughts and truths you both preach 🙌 God Bless you fellas, have a great and safe new year!
@RemnantFinance19 күн бұрын
Thanks, brother! Happy New Year to you! Looking forward to meeting at some point!
@RussellPatten20 күн бұрын
My favorite thing is when Boomers who are still living in the house they bought in 1987 for $150K and living off their pension and SS tell me that all I have to do is work hard and do the Dave Ramsey thing and I’ll be just fine. Bonus points when they’re vets telling me to “just do my 20” and get out.
@RemnantFinance19 күн бұрын
Yeah. Everything is the same now. Just do it.
@wyattandweston7 күн бұрын
Just gotta have grit like we did, you lazy millennial!
@davida.maclean229723 күн бұрын
Stumbled across you guys on YT. I’m a Canadian CFP for 30 years. This was super refreshing to hear. Good on you guys for sending this message out into the world… we rarely hear this at all! (And folks really have no idea what a 30 year retirement will actually cost… they will be using up the equity in their homes to cover the second half of their retirement lives.)
@RemnantFinance23 күн бұрын
@@davida.maclean2297 thank you for the feedback, and for doing it right!
@Stazi-IBC20 күн бұрын
Awesome!
@nadjadavidson41123 күн бұрын
I think the only way to make the cut when it comes to social security is to say: anybody born after 2008 will no longer pay into social security. That would be next year’s highschool grads.
@RemnantFinance23 күн бұрын
That could work. Somehow it needs to end.
@JohnJones-lp2pp24 күн бұрын
There are some valid points. However, the matrix is a secret place, who created btc, what infos are stored in the vatican vaults. Systems are designed to herd humans how they see fit to maintain their power. Throughout centuries it was forbidden to teach slaves how to read and write. Today knowledge is hidden in plain sight.
@RemnantFinance20 күн бұрын
Got it. Thanks for sharing.
@escrtn8424 күн бұрын
When compared to the OECD countries.. the US has a tax to gdp ratio that's 31st out of 38. So we aren't over-taxing our citizens in relationship to our piers. Trumps tax cuts cost 4 trillion dollars. That was all deficit spending. So he taxed you with inflation. The very inflation you're bemoaning in this video. He also spent 4 trillion more dollars on COVID relief. IDK why people defend those tax cuts. They were unpaid for. That's the very definition of passing the buck to your children. (www.budget.senate.gov/chairman/newsroom/press/extending-trump-tax-cuts-would-add-46-trillion-to-the-deficit-cbo-finds)
@RobertAdams-d6x24 күн бұрын
The thought of retirement makes me cry. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It's so difficult for people who are retired and have no savings to fall back on.
@Lucas-e2v-g9d24 күн бұрын
Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment.Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
@Rachel-d3s8m24 күн бұрын
I completely agree; I am in my mid 40s, approaching retirement, and have approximately over million dollars in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.
@Thomasdavis-u6h24 күн бұрын
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you've got it all worked out with the firm you work with so i surely wouldn't mind a recommendation.
@Rachel-d3s8m24 күн бұрын
I've experimented with a few over the past years, but l've stuck with Kathie daisy bosco for about three years now, and her performance has been consistently impressive. She's quite known in her field, look her up.
@RemnantFinance23 күн бұрын
@@Thomasdavis-u6h they all feel the same because they’re using the same playbook given to them. It’s the entire premise of this episode.
@anon9115324 күн бұрын
I am a true GenXer (57) and I think that most people in my age group are seeing work/money/retirement much differently now. First off, SS is not really seen as a goal now, but as just one piece of the pie. Unfortunately, theft or not, most of us did not have a choice to pay in, so we are going to take it as soon as we can before the well goes dry (I am personally starting at 62). The new approach I would argue is the bucket strategy for retirement: investments/cash/real estate equity/SS/and side hustle income. All of the buckets need to carry water now in retirement. Most importantly, the debt bucket needs to stay empty.
@RemnantFinance24 күн бұрын
@@anon91153 by definition if we didn’t have a choice, it’s theft. I agree, take every penny back you can get. Not only was it taken from you, along with the opportunity cost of those dollars taken, but it’s better in the people’s hands than the governments.
@nadjadavidson41123 күн бұрын
We were not told about two other buckets: a specially designed, high cash value whole life policy for the purpose of infinite banking and tax-free retirement and a fixed index annuity (no fees, protection from loss) with a guaranteed income rider to turn the 401(k) into a guaranteed retirement income for life (until age 105). My young sons aren’t even starting an IRA or 401(k) unless there’d be a match. They’re going to plough it all into infinite banking, Roth, real estate and other assets/investments. Can’t rely on anybody but yourself when it comes for retirement planning.
@RemnantFinance23 күн бұрын
@ you’re a great mother! Well done setting them off on the right foot and breaking the cycle of bad advice from the same stale playbook.
@frankcastle287624 күн бұрын
Funny, right after two solid years of campaigning from both sides and neither one even mentioned actually fixing social security. I'm gen X and I'm not counting on it... ...and neither should you! Wife and I have been together for twenty years and decided retirement savings over having children. We'll see which will pay off first. Kids are too expensive. Good luck to your future generations... ...the're going to need it.
@RemnantFinance20 күн бұрын
Our ancestors survived some tough times to get us here. I’m certain our bloodlines will have the grit to keep going, even without a low-income check from the government. I’d give up everything I’ve saved and work three jobs in perpetuity for my kids. They bring forth more value than anything money can buy.
@frankcastle287617 күн бұрын
@@RemnantFinance My wife and I bought the old baptist church in a very small town in southern Colorado. It was in severe disrepair as the parishioners neglected it and abandoned it. The catholic church nearby was burnt to the ground by crack heads. I could not have that happen to the baptist church on our watch. We will leave it back to the community after we repair it. Over $700k into it so far. You don't have to have kids to find REAL meaning in life... ...just sayin'
@RemnantFinance17 күн бұрын
@@frankcastle2876I agree with that, but you made the comparison between retirement savings and children, not purpose and children.
@frankcastle287617 күн бұрын
@@RemnantFinance The church is our retirement and our legacy... for what it's worth. Sorry for the confusion. And I'm not a baptist either... kinda funny, don't you think? I believe I will get a better return on investment, investing in the church then I do from adding to today's supply of over indulged children who live with there parents into their late thirties. Curious to hear what your opinions are on my investment strategy.
@frankcastle287617 күн бұрын
@@RemnantFinance Thanks, I completely understand you now. He. he. he.
@wyattandweston24 күн бұрын
Queue the flood of comment section boomers coming to explain why what everyone knows is true doesn’t apply to all boomers.
@RemnantFinance24 күн бұрын
@@wyattandweston MiLlEnNiAlS aRe LaZy!
@wyattandweston7 күн бұрын
@@RemnantFinance HOW DARE YOU! BACK IN MY DAY WE HAD GRIT!
@RemnantFinance7 күн бұрын
@ we played golf on the moon
@helenachase562724 күн бұрын
The generalities in this podcast are mind-blowing. You speak in generalities sweeping generalities but then you say it was a different for you because you were raised by this sort of person or that sort of person and you don't realize there are so many different types of people
@RemnantFinance24 күн бұрын
@@helenachase5627 in general, you mean?
@helenachase562724 күн бұрын
@RemnantFinance probably not in general.
@helenachase562724 күн бұрын
@@RemnantFinance I looked it up and it's perhaps more of a fallacious argument. Like all millenials are lazy and don't know how good they actually have it. You say boomers are lucky and greedy and will spend every dime, blah, blah. When you use these arguments, nothing you say after can be considered rational.
@RemnantFinance24 күн бұрын
That’s your big takeaway? Thanks for listening.
@wyattandweston24 күн бұрын
Generational observations are inherently made as broad generalities. Shouldn’t blow your mind, weird if it does. Just because the boomers will be remembered as the most selfish, self-indulgent, and wicked generation as a whole, that doesn’t mean there aren’t many many exceptions.
@timf966424 күн бұрын
I retired from the Military in 2014 at 47 yo. I work just as much now as I did before retirement. I am retired and now I get to do exactly what I want to do. I still have short, medium and long term goals. I get to set the goals. Foxhole improvement, financial improvement and self improvement through continued learning. Retirement is just a label. My dad turned 82 this year. He and my stepmom are just as active doing the same things they always did.
@RemnantFinance24 күн бұрын
@@timf9664 that’s the way to do it.
@charlesnew128924 күн бұрын
Great video guys. I'm 62 and have been retired for 7 years. The money part of my situation is fine and not relying on government or social security. Life is different for everyone however i absolutely love the retired life. My wife and i travel and spend time with our five adult children and four ( so far ) grandchildren. I still race motorcycle and am very involved in the sports car culture we have lots of hobbies and never at a loss for things to do. The best thing i ever did was have lots of kids, acquire assets and stay out of debt. Our kids are doing well ( age 26 to 36 ) and three of the five have homes and a plan. You guys are on the right path.
@RemnantFinance24 күн бұрын
@@charlesnew1289 5 kids- nice work!
@jamesmoretti938227 күн бұрын
Absolutely fantastic episode. Looking forward to connecting with Shane. Thank you all.!
@RemnantFinance24 күн бұрын
@@jamesmoretti9382 thank you!
@MarilynLawrence-fk3huАй бұрын
I feel so alive watching UTube iin the night.Alone time is healing time.
@RemnantFinanceАй бұрын
Okie doke.
@wleight1Ай бұрын
Allocating spend towards investing in yourself is very helpful towards breaking a scarcity relationship with money.
@RemnantFinanceАй бұрын
💯
@weshoward3753Ай бұрын
Fellas, what an absolute banger of an episode! Absolutely love it and will be sharing with others in all of my circles. Thanks again and stay fired up keeping the good fight going! 🙌
@RemnantFinanceАй бұрын
Thanks, Wes. We’re really grateful for all the support you’ve given! We appreciate the shares, brother!
@jamesmoretti93822 ай бұрын
Verse
@RemnantFinanceАй бұрын
Sept
@Stazi-IBC2 ай бұрын
If you are going through the VA separation process in the near future, this episode is a MUST.
@wyattandweston2 ай бұрын
100%. Go through underwriting before VA, at least get an answer
@RemnantFinance2 ай бұрын
@@Stazi-IBC yes! Opposite goals, so order of operations matters.
@andrewbentley75422 ай бұрын
While I don’t necessarily agree with your thought on stolen elections and some of the other topics, I think you hit it on head with people either want Trump or don’t want him. I’m one of those that finds him unbearable whether I like Kamala or not is questionable but in my opinion I fear where Trump may take us more. But best part about you all is I think we can agree to disagree and still try to make our/other lives better!!!
@RemnantFinance2 ай бұрын
Absolutely! We’re united by much more than the topics where we disagree. We appreciate the support!
@jamesmoretti93822 ай бұрын
Love the channel, however I subscribe to it to be educated and learn about IBC. I can’t help but feel as though the last two episodes have veered from that as the focus. I realize that one can reach and make some indirect relations to these topics and IBC, but I didn’t really gain much IBC knowledge from these last two episodes, which again is why I am a subscriber. Looking forward to more “under the hoods!”
@RemnantFinance2 ай бұрын
Thanks for the feedback! More under the hood to come!
@bagels88622 ай бұрын
Dunning-Kruger effect goes hard
@RemnantFinance2 ай бұрын
Oh man. You’re all over the channel. Thanks for all the love!
@bagels88622 ай бұрын
@@RemnantFinance Yeah, I watched your video on the upcoming election. Your views were so insane and frankly laughable I had to see what this channel was supposed to be for. Not surprising to see its just a scam. But you're welcome.
@jamesmoretti93822 ай бұрын
Verse!!!!
@RemnantFinance2 ай бұрын
I agree.
@spr65772 ай бұрын
Simply put, no. Tariffs are levied on imported goods, which totaled $3.1 trillion in 2023. The income tax is levied on incomes, which exceed $20 trillion; the US government raises about $2 trillion in individual and corporate income taxes at present. It is literally impossible for tariffs to fully replace income taxes. Tariff rates would have to be implausibly high on such a small base of imports to replace the income tax, and as tax rates rose, the base itself would shrink as imports fall, making Trump’s $2 trillion goal unattainable.
@bagels88622 ай бұрын
You don't understand. In the late 1800s we didn't have an income tax and everyone was rich (except all the poor people working for slave wages) and as everyone knows the world is exactly the same today as it was in the 1800s.
@RemnantFinance2 ай бұрын
Simply put, it’s just a conversation about what’s been in the news. We don’t think tariffs are the answer and we’re certain that income taxes aren’t either. The real problem is government spending, not tax revenue.
@bagels88622 ай бұрын
@@RemnantFinance "The 2020 election was obviously rigged" "were just discussing what's in the news." You think the problem is government spending yet you are supporting the man who spent at record numbers ($8 Trillion) during a supposedly good economy.
@spr65772 ай бұрын
@@bagels8862 oh nooooo i completely forgot ;)
@spr65772 ай бұрын
@@RemnantFinance tariffs are soo soo clearly not the answer we have income taxes, and even though they are unpopular, obviously so your money is being "taken" from you. but our world is much much more interconnected in the period of time we've experimented with free trade, regardless of the appeals to the rugged blue collar american the world is more prosperous and wealthy than it has ever been. china is a great example of this think about the 100s of millions that have been lifted out of poverty. also still believing the election was stolen is pretty cringe, considering trumps lawyers have been laughed out of court for peddling his bullshit lies (guliani has been disbarred, sidney powell plead guilty).
@bagels88622 ай бұрын
Oh boy. This is the first video I have seen from this channel, but to anyone reading this; please do not take financial advice from these jokers. They very clearly don't have an understanding of how our government works as evidenced by their discussion of the electoral college, the executive branch, or their claims of "obvious cheating"" in the 2020 election. They clearly don't have an understanding of economics as evidenced by the comments on Hattian migrants or income tax and tariffs. Their views on vaccines clearly show that they have severe brain rot and are very susceptible to conspiracy theories and misinformation. These are not the type of people you want to be taking any advice from much less financial advice.
@RemnantFinance2 ай бұрын
Thanks for watching to the end!
@bagels88622 ай бұрын
@@RemnantFinance You're welcome. Please get out of your echo chamber and stop spreading obvious misinformation. One day hopefully you will realize how much you have been fooled and will regret posting the evidence to the internet.
@ladyofthelake3692 ай бұрын
Great conversation. Thanks
@RemnantFinance2 ай бұрын
Glad you enjoyed it!
@timothywinters73042 ай бұрын
If you are not voting shut up nobody cares what you think .
@RemnantFinance2 ай бұрын
You cared enough to comment. Thanks for the engagement!
@Stazi-IBC2 ай бұрын
If you are voting, those who count them also don’t care what you think. Because the elections are not real, and our votes are only to influence electors, not to directly elect the president. Read more, be less emotional.
@Stazi-IBC2 ай бұрын
Read more, be less emotional.
@timothywinters73042 ай бұрын
@ No you need to vote .
@wyattandweston2 ай бұрын
@@timothywinters7304oh wow hard hitting insight here. Founding fathers disagree, but Tim with all the answers really makes a well thought out case here.
@freetospeakman79252 ай бұрын
Voting should be mandatory and for citizens who pay taxes...spoil your vote, scribble your qualms, publish your manifesto desperate lefty....or STFU and leave
@RemnantFinance2 ай бұрын
Definitely down for only giving tax payers or even land owners the right to vote.
@QuantumCosmos2.02 ай бұрын
I really don’t understand why people who say they are against the establishment do not want to vote for Donald Trump who is literally fighting against the establishment single handedly for the sake of American Citizens! I mean what kind of a pathetic loser are you?!😂
@RemnantFinance2 ай бұрын
Think long, deep, and hard and you’ll eventually understand. IQ is more about the speed at which one processes information, not the ability. You’ll get it with time.
@QuantumCosmos2.02 ай бұрын
@@RemnantFinanceThat’s okay if I have a low IQ. I am trying to imply that the message is wrong! Trump is not one of the two WRONGS you got! TRUMP IS THE BEST CHOICE YOU GOT IN DECADES because the system is way too much corrupt! The people, the media, the politicians, and the Government all are corrupt! And you expect a Normal guy to take care of stuffs?
@QuantumCosmos2.02 ай бұрын
@ Okay did my comment get deleted or is it just the KZbin server issue?
@RemnantFinance2 ай бұрын
@@QuantumCosmos2.0I still see it. We certainly won’t delete it.
@QuantumCosmos2.02 ай бұрын
@@RemnantFinance So my second comment is still there! Okay got it! 👍
@Mafiakeegano2 ай бұрын
I’m only going to say this once. As an American citizen, you have a privilege and responsibility to vote, you aren’t voting to make a friend, you are voting to save the freaking country. I don’t agree with what trump says about everything hell he’s not the best guy in the world, however I’m not gonna let myself not vote because someone isn’t a good person. Americans are brainwashed and don’t understand that everyone’s vote does matter. It’s a dumb excuse to think your vote doesn’t matter just because everyone else is “voting” one person doesn’t make a difference.
@RemnantFinance2 ай бұрын
I appreciate your perspective. If you listen to the long form video/podcast, one of us makes the practical case for voting, one of us makes the philosophical case for not voting. I (second guy in the video) believe we should vote, and I also believe that citizens exercising their authority as laid out in the 51 Constitutions is even more important than voting.