They're not lying though. Fraud and Ponzi schemes are great for generating money. It just fucks over everyone else, and is illegal as hell. LOL
@KonkeyDongkey Жыл бұрын
They just made fraud into a real thing ❗ 🤯 🤯 🤯 ❗
@randomfox12245 Жыл бұрын
I love tiktoker trends where they act like they're the first generation to figure something out. "NEW LIFE HACK: MOVE IN WITH FRIENDS AND SPLIT THE RENT! I CALL IT APARTMENT SHARING!"
@JACpotatos Жыл бұрын
@@HeightrenIt's kinda wild how pyramid schemes are actually popular with Gen Z
@Alucula Жыл бұрын
Really, aren't we the ones committing fraud, by refusing to give that guy credit for his very comedic and satirical joke he was doing
@triumphTLG Жыл бұрын
Maybe the real fraud was the people we trolled along the way
@nonpondo_ Жыл бұрын
It was maybe the funniest out of all of them
@JayBigDadyCy Жыл бұрын
Oh ya. He was _totally_ joking American Express and IRS and other government anti fraud agencies. J/k heh heh...
@Roeclean5 ай бұрын
Always Has been 💥🔫@@triumphTLG
@tyrannicalchocolate6 ай бұрын
That first advice guy talking about leveraging your mortgage debt to buy more houses - That exact strategy is how the 2007 Global Financial Crisis happened. It literally bankrupted billion dollar companies that were centuries old. Great advice man.
@lol333805 ай бұрын
CDO Lite
@andykleschick20474 ай бұрын
Also how he landed an SEC investigation against and had to pay $75k to settle it. Maybe not that exact advice, but some similar real estate advice.
@brentfarvors1923 ай бұрын
And, it's about to happen again...Hundreds of thousands of these idiots are about to take on a lot of water, as the real estate market collapses. Imagine trying to float 8 mortgages, when no one can afford your rent...?
@richardwallis9374Ай бұрын
You’re just not seeing the big picture man 😂
@aonirsplayground6224Ай бұрын
Well... it was, as no one was held accountable for it, so it works IF YOU'RE BIG ENOUGH to get away with it, at a personal level, you're just getting F'd in the A.
@dalmationblack Жыл бұрын
That lady selling her course about how to make money selling courses has the exact same energy as the "How I Made $290,000 Selling Books" book
@Nossody Жыл бұрын
only the real ones know about ebooks
@urbanizedpizza Жыл бұрын
But there are really so many people doing exactly that, like Dan koe and other "solotrprenuers"
@UOUPv28 ай бұрын
The child*
@richardwallis9374Ай бұрын
There are very few people I’d pay to show me how to make money and almost all of them are electricians and woodworkers.
@stevenpike7857Ай бұрын
And it's a very old scam - that somehow keeps working.
@Grahamster003 ай бұрын
Tik Tok money making methods: 1. Commit Tax Fraud 2. Commit Bank Fraud 3. Commit Wire Fraud 4. Ponzi Scheme 5. Leverage all equity in everything you own in high-risk stocks/bonds Seems pretty good to me!
@ScabbyCrabАй бұрын
You forgot 6. Ask everyone for a dollar.
@nicholasleclerc158322 күн бұрын
Only one of those is technically legal, let
@thatoneguy958218 күн бұрын
6. wait a million days???
@dwavenminer10 күн бұрын
You forgot the recent big one: 7. Cheque fraud
@ActionMan1539 ай бұрын
These rich guys all have really cheap headphones on their $100 million podcasts.
@FloppusweenusАй бұрын
See everyone? This is called critical thinking and it's GLORIOUS!
@bradybimson9106 Жыл бұрын
As a lawyer 1) this video gave me an aneurism and 2) please don't do any of these things. Almost everything said here is a lawsuit or some kind of liability in which you will be sued eventually when the money is owed.
@Simon-is2xd Жыл бұрын
It's fine, I'll just manifest away the lawsuit🤷
@kak42 Жыл бұрын
@@Simon-is2xd just don't go to the court 🤷♂ What are they going to do about it? 🤷♂
@SerafinGrivel Жыл бұрын
@@kak42 right!? Like putting you in jail or something 😂😂
@T0NI_ Жыл бұрын
@@SerafinGriveljail? Good one. Just tell them you don’t consent! Legally, they can’t put you in jail without your consent
@jamiespicer5856 Жыл бұрын
i don't think you need to be a lawyer to come to that conclusion
@breakingaustin Жыл бұрын
I love TikTok as an older person because you can slowly watch the younger generation discover things like fraud and money laundering as they grow up :)
@illford Жыл бұрын
Bro I don't even get it as a Gen Z, who goes to tik tok for money advice, idk who would go to most people for financial advice, I don't even trust the advisors
@JuanRodriguez-ce8vs Жыл бұрын
Wait until they discover pyramid schemes
@WaterfowlWarden Жыл бұрын
It even works for me looking at trends my younger brother, even tho he's only a few years younger than me
@DsiakMondala6 ай бұрын
Another time I saw a group slowly re-inventing money. They needed a way to make sure people in their utopia were receiving proportional to their collaboration and was a token emitted by a central government. Absolutely fascinating.
@aren-u4t2 ай бұрын
Wait, so if I steal just money, I will have more money 🤔
@Stoneworks Жыл бұрын
Every single tiktok made my eye bags a little darker, and my faith in humanity a little weaker. THANKS BIG A
@Styxz__ Жыл бұрын
Based stoneworks
@AristophMarloque Жыл бұрын
You had faith in humanity?? >_>
@lordother Жыл бұрын
A crossover I never expected
@rodryguezzz Жыл бұрын
Scammers have existed since the dawn of mankind. They just evolved from selling snake oil to selling online courses and nft platforms.
@DavianPfeiff Жыл бұрын
What are you doing here 😂😂
@sylsalto Жыл бұрын
Genuine Financial Investigator here, and Compliance worker in a large bank (then again I'm some random internet stranger so believe what you will). So many of these people give me the biggest red flags and send me to the brink of insanity listening to them and how they handle their accounts, I pray for the poor soul who has to mostly likely do the KYC (Know your Customer) work, and TM (Transaction Monitoring) cases for these people.
@shastamcnasta2802 Жыл бұрын
It would turn into KYS work
@boiimcfacto2364 Жыл бұрын
Lol what was the point of saying TM if you're gonna write the expansion along with it 🤣 bro really trying to sound professional lol
@idontcare9041 Жыл бұрын
Most of these people don't do it themselves but are trying to sell the most awful "investment" advice to naive dumbasses... they are the ones you have to worry about
@brendancskinner Жыл бұрын
@@boiimcfacto2364So people who don't know the common parlance can learn it. Or you know, everyone can just keep pretending they know everything already.
@HyperMario64 Жыл бұрын
@@boiimcfacto2364 You go with jargon first then you realize some ppl won't get it so you put that in parentheses. That happens all the time even in actual technical documents and stuff.
@honeyyfern9781 Жыл бұрын
tiktok is so awesome bc these people fully get to larp being powerful individuals and people will just take it at face value
@dog_corn Жыл бұрын
@@WARnTEAyour basis is?
@mac_sour Жыл бұрын
@@dog_cornfucking andrew tate, the masterclass of these "hustler grindset" type videos. his fake courses are literally called "hustlers university" lmao look up the other atrioc vid on it if you haven't already. i just think there's no way you can actively look at these get rich quick tik toks/youtube shorts and not automatically rule out these as credible, trustworthy sources for this information.
@robertmicropenis5114 Жыл бұрын
@@dog_corn the fact that someone always protects them in their comments
@tommyle3243 Жыл бұрын
@@WARnTEAand how do you exactly know if the reality is just the fake continue lol
@viortero9593 Жыл бұрын
@@WARnTEA”most” is definitely exaggerating
@vincenth.8709 Жыл бұрын
Honestly gen z should see this as a win. If you can tell these guys are stupid, you've beat a good chunk of competition already.
@tripleO16 Жыл бұрын
being smarter than these iddiots or anyone that follows them doesn't really make me feel good about myself. It's like saying u're smarter than a rock
@titanproductions3628 Жыл бұрын
Damn hit it right on the head.
@Daltnation7 ай бұрын
100%
@tysonwilkins2537 Жыл бұрын
the guy who advocated committing fraud to buy a watch was somehow the only person with a realistic way of getting access to money lmao
@butwhytharum11 ай бұрын
And the only one that if you actually an income generating business wouldn't be illegal as you could just pay the loan...
@0execute9 ай бұрын
@butwhytharum if the business has more members and isn't just 1 person, they can report you for fraud, but if you use the watch for tik tok and social media marketing you can justify it and write it off.
@0execute9 ай бұрын
Which the guy could do now and pivot his fake business to social media marketing
@tysont19092 ай бұрын
Not really. A small LLC with one member and no assets or income will not receive anywhere near $100k line of credit. Maybe he can run up a $3,000 credit card at Costco or something at best
@ninjamage5215 Жыл бұрын
Every single one of these TikToks is just telling people to invest in a pyramid scheme or commit fraud lmaooo
@V8dadmartin Жыл бұрын
The buying an ugly outdated house in a neighborhood where everything is 100-500k more expensive is actually what my brother does and it works really well. What everyone forgets to mention is how much know how you need to finish projects. Like it’s insane how much knowledge you need to have to get everything done to codes and stuff. Apart from that you already need god Tier credit and history to get these big loans they always casually mention. Besides all that, that type of house flipping is a pretty safe risk BUT it’s a full time gig where it becomes your lifestyle to always be in circles.
@zawarudo1041 Жыл бұрын
Flipping should be delegalized. This is predatory practice.
@adamseidel9780 Жыл бұрын
Yeah, it’s not unviable at all, it’s just very risky and requires a lot of skill and some luck
@V8dadmartin Жыл бұрын
@@zawarudo1041 you realize the alternative would be building an apartment complex with outrageous prices. Will lead to denser areas and will still drive up prices of housing
@floxy20 Жыл бұрын
???@@V8dadmartin
@trogdor183 Жыл бұрын
@zawarudo1041 So you hate the practice where individuals with contractor skills ypu dont have fix up shit hole houses no one wants and no one took care of, then sell it to make up for the insane cost of the building materials and their labor/time? Why should this be illegal? Because if this didn't happen there would be a growing number of shit hole houses no one would be willing to fix or live in.
@sunsetsunrise207 Жыл бұрын
The statistics of meeting 1,000,000 random people and not being beaten to death seems like a pretty rough risk/reward ration
@leonfa259 Жыл бұрын
I mean what else are the girls on onlyfans doing, they just do it online instead of walking.
@alexmousley7213Ай бұрын
How someone can say just ask everyone you meet for a dollar to become a millionaire and not notice that homeless people are not living in massive castles with butlers is beyond me!
@ReelRai Жыл бұрын
I refuse to believe there's a single person who falls for this TikTok financial advice, it has to be somekind of a huge joke I'm not in on.
@TheStrangeBloke Жыл бұрын
The thing to understand is that very few people have to fall for it to make the scam worthwhile. You rent the fancy car, you take a picture of yourself on the fancy yacht, then you claim "oh yeah dude I'm a billionaire, let me tell you how, pay me 50 bucks a week" if even three people fall for it, you've made a profit.
@andrewzangrilli Жыл бұрын
Most of the video was terrible advice, but there is merit to the information products (courses, workshops). They make the sellers TONS of money. Many of them are scams, and don’t give the value they claim. However, I have found a couple that make people real money when they put in the work. I have found some success and I want to keep going to try to take that even further. There are tons of shady people, though, that make their money off of people’s delusions and hope. And there are of course some (harder to find) that make their money the same way, but also do care about helping people.
@sniperfi4532 Жыл бұрын
Late reply but people have been doing it. For example in Australia these dumbasses got an ABN (business number) and filed a GST (goods and services tax) refund for $20k which is the ceiling height for claims without providing evidence. Problem is the ATO (tax man) saw a sudden uptake on this refund, red flagged it and turned around to everyone who did it and hit them with a $20k debt plus interest and the kicker is their personal tax also gets hit with it because tiktokers will find out you don’t fuck with the tax man because they can be reaaaaaaaalll petty about getting their money back.
@JayBigDadyCy Жыл бұрын
You'd be shocked at how many people try this stuff and do buy $1000 courses that say revolutionary stuff like "believe in yourself".
@MrSqurk Жыл бұрын
I used to think all flat earther folk were just trolling until I met one IRL
@crimsoneclipse0618 Жыл бұрын
Man, lawyers must be having a field day when they have to prosecute these morons all they have all the evidence rhey'd need on their tiktok accounts.
@musicmashups Жыл бұрын
TikTok has created a whole generation of adults who will just admit to crimes on video.
@marshall1093 Жыл бұрын
Rap snitches, talling all their business
@shimmertroop106711 ай бұрын
@@marshall1093 "sit in the court and be they own star witness..."😂
@TihetrisWeathersby Жыл бұрын
As a Gen Zer, I can safely say we are screwed if TikTok is where we are getting our information
@pebislord Жыл бұрын
CRINKY CRONGEMAS
@wpffles357 Жыл бұрын
Ur so corny ☠️
@josephlynch7655 Жыл бұрын
Nah it's good for some things. I learned how to flush my water heater the other day.
@jessedefrancisco1410 Жыл бұрын
Well as somebody 32. Yep u are. We are screwed already. The boomers don't give a shit they will all be dead meaning ur parents (30s like me) and grandparents mostly just banked on ah they will figure it out in the future while having nobody start the process of figuring shit out loo
@jessedefrancisco1410 Жыл бұрын
@@josephlynch7655ould also use the tube instead of Chinese spyware. But whatever works I suppose
@georgedarby6642 Жыл бұрын
The guys right about cooking, I went to publix and couldn't find a parking spot, it took me 6 hours and then I had to decide between chicken or steak and that took me another 3 weeks to decide
@TheWolfeDenАй бұрын
That sounds really hard. Have you been able to recover?
@maxoumimaro18 күн бұрын
No you have to invest in you sigma grind set. You cook once a week a giant pot of food and eat the same thing all week. Also cook the same thing every week so you don't face the burden of choice. Ez
@MrSleegi Жыл бұрын
Loving the content man, great to have you back!
@JustJessDev Жыл бұрын
Sometimes I wish I was morally bankrupt so that I could make lots of money
@idontcare9041 Жыл бұрын
Me too... it's so god damn easy and profitable but imagine having to live with yourself after
@alm3na284 Жыл бұрын
Imagine the number of old people you can scam but you're going straight to hell.
@maverick4255 Жыл бұрын
@@idontcare9041You sound like these TikTok’s 💀
@CanadianJourney97 Жыл бұрын
You can do it morally, just takes time :)
@brianp6859 Жыл бұрын
@2point0productionz exactly, the biggest lie is that the only way to be rich is screwing over other people when In reality you can get rich by helping other people and that should be the goal
@29mech Жыл бұрын
its nice to have your content niche back, glad you're doing well and its awesome to see the things you've been doing!
@Negasilver Жыл бұрын
I was walking on the street today and a 5 dollar bill manifested in front of me. Got a long way to go!
@mynameisjohnjackajoe Жыл бұрын
Just don't forget to ask every person you come along for a dollar. You will be millionaire in like no time. Keep up the grind king 👑
@puga2592 Жыл бұрын
Underappreciated comment
@brianp6859 Жыл бұрын
That's because you didn't buy her course 🤣
@Bayuuk10 ай бұрын
Only 200K more manifests of $5 and you’re a millionaire!!!
@sukablyad61113 ай бұрын
@@mynameisjohnjackajoe imagine having to go through a million interactions of begging people, like you gonna get robbed atleast 5 times before you get to that million
@bubba259 Жыл бұрын
Glad to have you back after all this time big A missed ya
@JordanPeace Жыл бұрын
"Life hack: commit fraud." - TikTok investor man
@LFC608 Жыл бұрын
I don't think anything can top "become a millionaire by asking everyone for a dollar" 😂😂😂
@brianp6859 Жыл бұрын
Realistically how many people could you talk to a day and how many would actually give you a dollar? I'm genuinely curious now just to know 🤣
@HieronymousLex6 ай бұрын
The absolute, unwavering sigma hobo grindset
@DsiakMondala6 ай бұрын
@@HieronymousLex 😂😂😂😂😂😂😂😂😂😂
@stt.94334 ай бұрын
@@brianp6859 not many but you can actually make a decent wage busking. We have gpysies in Europe that do it at stop signs so it must be quite profitable.
@alexmousley7213Ай бұрын
It's up there with a MLM drone trying to get all their friends to join their "downline"..hey presto- no friends, or money!
@JayBigDadyCy Жыл бұрын
The two, clearly single boys talking about how $100M isn't a lot of money was absolutely hilarious. "Oh ya bro i can spend $20M before you can even say it!" Lmfao.
@DsiakMondala6 ай бұрын
Then GATCHA anime waifus be expensive you know
@johnrollberg1908 Жыл бұрын
The kid definitely committed fraud, panicked and deleted the TikTok😂
@LawrenceTimme11 ай бұрын
It was totally just a prank bro 😂😂
@amandarose4469 Жыл бұрын
The first one was very common a few years back with interest rates low and prices rising. Now though, now the rents won't keep up with the repayments.
@dipz6479 Жыл бұрын
8:06 my dad owns a yacht mechanics/management company. I can confirm that yachts are the most expensive stupid use of your money possible. No matter how much money you have never buy a yacht. They are never worth the money or headache. If you really want a yacht just charter them. But if we’re watching atrioc anything to do with yachts probably isn’t in our futures lol.
@deix4273 Жыл бұрын
It's good to have the Big A Coffee Cow Glarketing Wizard back
@mxmus_prime Жыл бұрын
TikTok has some great videos on people giving the worst financial advice but I think it’s really just showing how awful the US is about teaching people about money. I hope young kids don’t actually believe any of these videos
@TheStrangeBloke Жыл бұрын
sad to say many do but scams have always been a problem. Dot Comm bubble, Enron, Madoff. Nothing new under the sun.
@SillyWilly-vp9pc Жыл бұрын
To be fair, KZbin is great for learning about finances, the concept (e.g. what are dividends, growth vs value stocks, what are bonds, what are ETFs). In that regard, it is actually quite good. Not for stock picks though. Because as a certain movie puts it, "no one knows if a stock goes up or down"
@notmenotme6148 ай бұрын
“Just ask for $1 from a million people” There’s only 5,500 in my town. Most of whom I never see. I asked around if I can have a dollar and they replied “No”. Congrats I’ve made $4.36 from 24 hours of begging. 24 hours where I could have been paid to do a real job, earning a lot more $ per hour.
@addie1080 Жыл бұрын
not the guy explaining fraud like it's an infinite money glitch!!
@dylandavis9316 ай бұрын
They must have patched the glitch the feds are at my door
@lewisupex2755 Жыл бұрын
"You ain't got no hedge fund, your hairs a hedge" Truer words have never been said.
@garydurn7983 Жыл бұрын
This guys laughter is the most joyous thing I've seen today 😃
@sydney588711 ай бұрын
Caleb hammer is super easy to watch and digest life changing spending behaviors!
@malkavianloner880811 ай бұрын
2:02 crack cocaine math
@user-gh8sg7oc9rАй бұрын
He's basically playing around with electronic monopoly money that he doesn't own and calling himself a millionaire. 🤡
@fatguy9 Жыл бұрын
Using money as downpayments on other houses works until one or two renters stop paying rent and you go bankrupt
@kieranb7047 Жыл бұрын
Yep. And when interest rates shoot up like they have here in the UK so your mortgage repayments also shoot up and your repayments become higher than you can charge for rent. They also conveniently leave out the negative information like having to pay tax on ALL of your rental income so you can not right of the interest. So many silly armature landlords losing everything in the UK at the moment including the fat guy in red that was in this video! He made a video moaning about the bank of England raising interest rates because hes now in negative equaty on all his properties.
@fatguy9 Жыл бұрын
@@kieranb7047 30 year fixed mortgage rates are one nice thing about the US but i believe the property tax does go up while owning in the US or if you refinance you lose whatever interest rate that was locked in for better or worse
@i-destroyer8707 Жыл бұрын
I would pay for a course where atrioc makes fun of investment advice tiktoks constantly
@lFilmSkateboarding Жыл бұрын
ATRIOC IS BACK. IM SO HAPPY I COULD CRY. Thank you for handling the situation properly. Now we get gamer god hours again
@Welshman3368 ай бұрын
Dude really called people who cook "nerds"
@brendancskinner Жыл бұрын
6:21 A literal pyramid of course creation.
@surviver1175 Жыл бұрын
So glad you're back!! Your vids always make me laugh so hard. We missed ya!
@crackersphdinwumbology2831 Жыл бұрын
6:40 "80$M jet" An F-35 Lightning II--which is a fifth generation stealth, multirole VTOL fighter--costs 72$M lol
@user-gh8sg7oc9rАй бұрын
Gotta protect your assets bro. Government grindset never stops
@LumpyHippo Жыл бұрын
About the pool guy Druski Voice: That's gotta be fraudulently motivated.
@dawson9537 Жыл бұрын
A tiktok money manifesting course is the most hilarious thing I've ever heard💀
@mike.17 ай бұрын
Hilarious how they get rich while you end up a 9to5 job
@nicholasleclerc158310 ай бұрын
9:24 "You got no hedge fund. _Your hair_ 's a hedge" LOOOOOOOL, HAHAHAHAHAHA 😭😭😭😭🤣🤣🤣🤣🤣
@Fyshtako Жыл бұрын
See this is why I love that you're back. You wouldn't think so, but finance content can be the funniest shit of all time.. people are crazy.
@smithjohn3080Ай бұрын
4:22 his excited air chart drawing face gets me 😂
@minecrafthowtodude Жыл бұрын
1:37 bros credit score is probably 520
@malkavianloner880811 ай бұрын
i grew up in an enron town (Paulina iowa) and i love the financial advice satire with the enron hat on. youre hilarious sir
@brasen576 Жыл бұрын
Atok!!! Don’t make fun of these gurus, they helped me take on hundreds of thousands of unpayable debt for my future generations!!!!
@Zyntho Жыл бұрын
"You got no Hedgefund. Your hair is a hedge!" 😂😂
@carsonpaullee Жыл бұрын
1:05 this mans really trying to recreate the 2008 housing bubble with tiktok
@sel_gaming8916 Жыл бұрын
One of the big things that I see on TikTok but especially KZbin is that it’s targeted towards personal small number finances like guys who are fresh out of college or fresh out of high school. Stuff like that were as financial advisors seems like something you’d look into at 30 to see how to make sure what you’ve already done is good for retirement
@Syrzl9231 Жыл бұрын
I can honesty say if I didn't work at a financial institution I would not know how idiotic or illegal some of the things claimed on Tik Tok are. Financial education in the US is absolute dogshit.
@niallk9336 Жыл бұрын
It's all very obvious. Then again, i was raised by 2 parents in a single home and weekly contact with both sets of grandparents too.
@williamwinstrop3918 Жыл бұрын
You need to work at a financial institution to see through this? I think you just wanted to share you work at a financial institution but not one prestigious enough to mention by name. Btw being the person working the register at 7-11 is not “work at a financial institution”
@bendover9813 Жыл бұрын
You got financial education?
@zawarudo1041 Жыл бұрын
Well, they are more focused to learning some extremely toxic social ideologies like crt
@sharrpshooter1Ай бұрын
@@niallk9336 weird flex but okay fam
@cjsmith83193 ай бұрын
The ENRON hat. I can’t 😂
@vingroenewegen5781 Жыл бұрын
6:00 'i work to make money pasively'
@OxhMods6 ай бұрын
2:53 ryan anthony rought is the kid
@erikjohnson5549Ай бұрын
It's great because courts can refuse to let you declare bankruptcy.
@jaredrosenberg496519 сағат бұрын
@@erikjohnson5549 also what he is missing is that even though its a business card, the owners still personally guarantee it. How do i know? i started my business by opening 50K worth of credit cards at 0% APR for a year plus a few thousand in cash back bonuses. The company failed and i paid off the cards cause they were in the business name but personally guaranteed by yours truly and my credit lol......
@Mudder13104 ай бұрын
Its no wonder a lot of kids have zero work ethic, understanding about labor, or how effort is important. They’re being sold short cuts.
@sharrpshooter1Ай бұрын
Ok boomer
@Mudder1310Ай бұрын
@@sharrpshooter1 ok renter
@TheMilkman-k7p11 ай бұрын
Nice Enron hat man! Classic if they only new the story my friend
@antoniushanselk1448 Жыл бұрын
Tbh, my crazy rich friend's dad actually does the "buying a collapsing house" thing as an investment, so honestly what the tiktok guy said is not completely wrong. However, i believe that using a loan will gain you only a small/no profit for such hassle lmao
@tjoloi Жыл бұрын
And it was only working because interest rates were extremely low and house prices were going to the moon. The 7% interest rate is going to hurt alot if real estate starts dipping ever so slightly.
@kieranb7047 Жыл бұрын
But the guy doesn't explain all the negatives! He makes it sound easy! He doesn't explain that you can not get mortgages on a lot of run down houses in the UK! You have no chance of getting a mortgage if the kitchen and bathrooms are to damaged, so you need cash to buy. He doesn't explain the massive interest repayment on a bridging loan you would need to buy non mortgageable property. He doesn't explain the 3% stamp duty you have to pay on all properties if you already own one property. He doesn't explain that you have to be able to do majority of the work yourself in order to make a profit because tradesman are expensive. He doesn't explain how short we are of tradesman at the moment so it can be weeks before you get work completed while you still have to pay all the running costs. He makes his money selling courses where he actually teaches people to commit mortgage fraud by telling people to get angel investors to give them money to use as the down payments for mortgages as well. You can make money in property but you have to already have a lot of money to start with. The returns are not worth the work and risk until you have literally dozens of properties and then you have to stop buying and start paying of the ones you do have!!
@synthiandrakon10 ай бұрын
Fraud is unironically the most sound advice ive seen on ticktock, at least it works
@DrPayne866 Жыл бұрын
I was dead when the kid was explaining fraud like her discovered an infinite money glitch. Like yeah just open credit accounts, buy sh!t sell it for a loss for some cash, and get a sweet watch
@PsYcHoSiS11 Жыл бұрын
I am SO glad Atrioc is back, I live for Marketing Mondays and videos like this, just so good
@romxxii Жыл бұрын
Holy shit beard guy is trying to redo the 2008 housing market crash
@dr_doritotf230518 күн бұрын
god I love your incredulous laugh every time someone is so confidently incorrect or misleading XD
@Ecwfan Жыл бұрын
I love the guy saying how its more expensive to grocery shop than eat out and details how if he goes and buys one meal for dinner its expensive. This may blow his mind....but usually people buy 2-3 weeks of groceries like meat etc to not keep doing what he said.
@JimBob1937 Жыл бұрын
All of the wealthy/rich people I know are hard workers, who also have good money saving habits. Plus, cooking for yourself is generally a lot healthier.
@Pennervomland Жыл бұрын
LETS GOOOOOOOOOO I am still very happy that this channel is back online. GOD i missed this
@synka5922 Жыл бұрын
2:30 a trillion turkish lira maybe...
@OriginalVoiceBox Жыл бұрын
Im so glad Atriocs back on youtube, I missed his youtube content so much.
@kuelf123 Жыл бұрын
Big A you are the only guy on KZbin who when I watch, I actually laugh out loud. Not just smile or smirk, but laugh loud. And I think it’s cause of your personality. Most YT reactions , they will make wise comments or try to make jokes about the videos. But you just watch and laugh and that’s what makes you the best in the game. 😊
@masterd72905 ай бұрын
I love your hat 😂 stellar company!
@FrostysChannel Жыл бұрын
Yo, after watching this video and “thinking” about money, i am now rich enough to by a house. With that house i will buy 5 more houses. With those houses i will by 30 houses. With a few more house trades ill have enough money to buy the state of Wyoming. 💸💸💸
@smithjohn3080Ай бұрын
0:59 😂i lost it all in 2010 doing this and being "rich" til it all got taken away by the real owners, THE BANKS... slowly then suddenly
@Christensen5545 ай бұрын
Anyone taking financial advice from tiktok is doomed lol. I put in 20k into various assets last year and flipped into six figures within a few months and still going. I’ve always been an advocate of investing because it has been rather rewarding. I hope to attain financial freedom soon. One more thing, I always look forward to your content keep up the good work.
@Rmorales7995 ай бұрын
You can’t overlook the fact that it’s paramount not to get greedy but to remain invested through careful study, if not you can lose it all.
@Novakissla5 ай бұрын
I have some money saved from day job. I have no idea where or how to invest. How are you doing it, Leon?
@Christensen5545 ай бұрын
It’s not rocket science. As I said previously, I got into stocks, and REITs, myself but wasn't getting the results I wanted the first couple of months. Got tired of losing and decided to seek mentorship from Jonas Herman, a certified fiduciary who helps oversee my investments.
@Sammytammy1925 ай бұрын
@@Christensen554 While it may sound enticing, it is important to understand that stocks, like a fine wine or a Monet, has no standardized value. You look all good on the outside, while you wait till almost death to enjoy your wealth which presents an enormous economic(uncertainty) risk.
@Alternatezoid5 ай бұрын
It’s bonkers to compare stocks to moet mate. Over the years, I've been part of numerous investment programs, sifting through a barrage of information. Yet, none comes close to the sheer clarity, depth, and precision of Herman’s instructions and insights. It's akin to finding a diamond in the dirt.
@robbetts6 ай бұрын
That Money Calculator guy had me rolling.
@Graphite1973113 күн бұрын
6:12 whoa that really sounds so much like the gospel that the church sells😂😂😂
@carsonpaullee Жыл бұрын
3:16 he has to be joking, he has to be joking i stg the internet has made criminals both stupider and smarter simultaneously.
@juanvaldez72794 ай бұрын
Back in 90 i remember a 4am infomercial guy selling a book how to make millions. The book broke down the step to sell booking on infomercials
@robertmatthews20095 ай бұрын
Have 15 mortgages on houses that aren't worth what you owe after a crash like 2008 and get a job with DoorDash.
@smithjohn3080Ай бұрын
4:22 bring back people drawing charts with their hands
@BananaInEar009 Жыл бұрын
Almost as great of a renaissance as Maya had. Keep it up Big A and editor!
@tomasvlasak6459 Жыл бұрын
Buy a collapsing house strategy actually works but it is a bit more advanced and not recommended for first time investors(requires more calculations and people involved)
@claptrappington5895 Жыл бұрын
Ok, so what I've learned is: a) already have money b) sell courses on how to make money c) fraud d) Magic
@brianp6859 Жыл бұрын
Thats the tik tok financial education for you. If you want the real thing read rich dad poor dad
@drunksail00r5 ай бұрын
D!
@drwhat5067Ай бұрын
Has the food guy heard of online grocery orders and dishwasher ? His rich people house for sure has one too.
@malkavianloner880811 ай бұрын
5:20 panhandle millionaire
@jayce22912 ай бұрын
I've heard of someone who did that
@ash583424 күн бұрын
Second guy's like "you need five million? No problem. I go out on the street and make some moves. A million here, a million there, can't lose..."
@expectocat Жыл бұрын
the amount of them that had a course is insane
@DeeptunesterАй бұрын
Getting annoyed about having to call your valet is prime time sitcom-tier comedy
@infern0_997 Жыл бұрын
After watching this video I feel like a finance expert
@courier6960 Жыл бұрын
8:34 the dumbest part about this guys whole speech is that going out to eat or getting delivery is literally just this PLUS paying someone to do all of the middle work of cooking, driving, and delivery. Who do you think is paying their fees on top of their wage after costs are covered?
@vanilla_lice Жыл бұрын
Not to mention that he’s saying it like he’ll need to do this every time he eats. Just get a bunch of day’s meals all at once, that’s what grocery shopping literally is! He just needs to plan out his meals, which as he said himself, is just fucking chicken or steak!
@theswampfisher325321 күн бұрын
I’m telling you right now the guy about the yacht down there in Miami they are expensive on docking and somebody that deliver packages and everything else you would actually have a cheaper dock at Cocoa Beach.
@bauh Жыл бұрын
It’s always the day traders to 😂
@bobcantstandzyobitz97784 ай бұрын
Taking money out of a house to buy other houses is very risky. But paying off a house still probably isn't the best idea unless having a mortgage is an emotional burden. The amount of interest paid on the home vs the amount of interest made on investments diverges over time. As the mortgage is paid down, you pay less in interest, as interest is made on investments over time, you make more as it snowballs. Unless you have a 7 or 8 % mortgage.
@exMuteKid Жыл бұрын
I used stocks (S&P500 ETFs) to stop myself from spending money I knew I shouldn't spend, I sold them 3 months later with a $30 profit, but $0 once realized with the commission fees. I also got a single stock in a precious metal streaming company for $60 only because I like receiving their shareholder letters in the mail :) It's like pokemon cards for adults!
@Ahwleung. Жыл бұрын
You're paying commissions and getting paper shareholder statements in the mail? Are you a time traveler from the 90s? If so buy Amazon, Bitcoin peaks at 68k and maybe don't sell your stocks until they qualify for long term capital gains tax, or better yet buy them in a tax-advamtaged retirement account like a Roth IRA so you don't do something stupid like sell them 3 months after buying them.
@idontcare9041 Жыл бұрын
I bought some World ETF. Didn't really make much, it just balances out inflation a little bit but it's longterm anyway, so. If you wanna sell it within months then better invest into stocks directly
@GoodlyPenguin Жыл бұрын
I can't tell if these are bot comments or not anymore