Millionaires Who Lost A Fortune In Dumb Ways

Рет қаралды 46,491

Күн бұрын

Пікірлер: 153

@PaulKatrina. 24 күн бұрын

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

@BellamyGriffin19 24 күн бұрын

Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?

@HectorWhitney 24 күн бұрын

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

@JohnSmith060 24 күн бұрын

That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?

@HectorWhitney 24 күн бұрын

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

@ChristianKelv 24 күн бұрын

Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.

@Jersderakerguoe 6 ай бұрын

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

@tatianastarcic 6 ай бұрын

Because of the demands of my job, I find it challenging to dedicate sufficient time to thoroughly evaluate my investments and scrutinize individual stocks. As a result, for the past seven years, I've opted to engage a fiduciary who actively oversees my portfolio, adjusting it to align with prevailing market conditions. This approach has enabled me to navigate the financial terrain effectively, enabling me to make well-informed choices regarding when to buy and sell. You might want to contemplate adopting a similar strategy.

@ScottKindle-bk3hx 6 ай бұрын

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

@tatianastarcic 6 ай бұрын

Finding financial advisors like Margaret Johnson Arndt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@CraigLloyd-fz6ns 6 ай бұрын

Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Margaret.

@kylapfan 6 ай бұрын

The opening was hilarious. Definitely got my attention 😂 and great info as usual

@nestorpiedraquesada2954 6 ай бұрын

The biggest lesson learned from this video is that you have to work hard so your dogs can have the life they deserve. And I completely agree with that lesson

@mimishiba 6 ай бұрын

No one's wiping for me 😂

@nelstalgic7878 6 ай бұрын

I always love the humor you include in your videos ✨👍🏼

@anthonywilliams9415 6 ай бұрын

That's why I subscribed

@NickNienas 6 ай бұрын

Hilarious episode

@kasession 6 ай бұрын

This list is way too short, but I get it... The Michael Jackson clip was very telling. I remember seeing a similar one of him where he was walking by artwork, and basically just pointing at items to buy. That right there told me he was not good with money. When the stories broke about how broke he was after he died, I was not surprised.

@maximusdecimusmeridius5438 6 ай бұрын

If he still held that bitcoin he would be way up

@zayg062 6 ай бұрын

Lmao not the natural care , I just use wrinkle wipes for my frenchies 😂 and your correct there living the fabulous life not me 😭

@anthonywilliams9415 6 ай бұрын

That intro was dope!! 🤣🤣

@breeze1985 6 ай бұрын

Palpatine "dew it" 😂 LOL

@chrisbaker2669 6 ай бұрын

If you just avoid debt you will avoid going bankruptcy because Debt is the number one cause of bankruptcy!

@Observer100-cn7gv 6 ай бұрын

If he held that bitcoin, it would be worth millions today. It was at 70,000 (per bitcoin) yesterday. He would have the last laugh.

@mojojojo8213 6 ай бұрын

Can we give George an applause for his perfect timing and love of memes

@CPMom83 6 ай бұрын

Thanks for the content! You should do another video that is the opposite of this one - famous people who made wise money choices and were maybe super charitable because they were wealthy. Dave could be listed in that one too!

@brendant2180 6 ай бұрын

ooh, i like that idea! that could be 2 diff videos though, and i like the sound of a full video of people donating money to help others

@MKK-wg7fz 6 ай бұрын

Love that

@debbied8525 6 ай бұрын

That is a great idea!

@greekmom 3 ай бұрын

The realization that someone can retire broke with $300,000 while someone with $80,000 can retire with multiple millionaires altered my perspective on money. The first step to financial independence is to live simply and within your means. I recently crossed the one million mark last year; congrats to everyone who is working toward that goal.

@TylerofSc004 3 ай бұрын

Howdy! Congratulations on that. To achieve this, is it better for me to invest a sizeable portion of my salary in stocks or to save money?

@greekmom 3 ай бұрын

Varied sources of income is wise and especially living within your means. My net worth is over $1M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.

@cp96716 6 ай бұрын

Just got yourself a new subscriber... that opener was nuts!

@myfindependencejourney 6 ай бұрын

Ahahaha, he didn’t leave out his boss Dave 😂

@Nanni-uh3kc 6 ай бұрын

Georgious! 🤩Greetings from Germany! I-m a new follower since several months and I am listening every day to the Ramsey Show and I love your show!

@AkweliParker 6 ай бұрын

I hope Odell Beckham held onto that Bitcoin. Current price in the high $60,000s. 😮 Like all investments, depends on your individual situation (risk tolerance, other assets, etc.)

@spdog3344 6 ай бұрын

Exactly haha I have some crypto (about 5% of my portfolio value) and don’t have debt or anything and in a good financial spot. It’s looking awesome rn, but I’m holding long term to see what happens. It’s become institutionalized by fidelity, BlackRock etc. doesn’t seem to be going anywhere at this point.

@voidfroze 6 ай бұрын

I put $500 in crypto a few years ago and it immediately tanked. I was like welp, lost that…checked it last week and it was at $510, so I just called it a day and sold 😂

@THEWINNINGSYSTEMCR 6 ай бұрын

One of the best openers I've seen! George is my favorite crew member from Ramsey solutions

@uacdcalvin 6 ай бұрын

Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult

@kabengele-vo4dr 6 ай бұрын

Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.

@ysareyes 6 ай бұрын

Having an investment advisor is the best way to go about the stock market right now. I was going solo, but it wasn't working. I've been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.

@FannyMontage-xu8id 6 ай бұрын

Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things

@grizbaseball 6 ай бұрын

Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

@ClaudiuDenis-hp4pf 6 ай бұрын

I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.

@gillfranz25 6 ай бұрын

Opening act was too AWSOME!!! 💯💯🤣🤣

@TheCrispy88x 6 ай бұрын

I thought u were cringe at first but ur growing on me, much love to george 👌

@jeanlenor1858 6 ай бұрын

I thought this dude was going to talk about regular people. 😂😂😂

@gibblespascack1418 6 ай бұрын

These are regular people who just did it on a larger scale. You know: "You can take Brittany out of the trailer park, but you can not take the trailer park out of Brittany Spears." That applies to a lot of people in the US, but you do not have video of regular people screwing up in real time spectacularly with money. Lottery winners, yes, but that video is hard to find.

@Katie_DeFeo 6 ай бұрын

I love this George! I love how all of these dumb financial moves end up as lessons that WE can learn!

@tressalewis7004 6 ай бұрын

Once again, an awesome video… Informative and brilliant❤

@danmacgowan8242 6 ай бұрын

Come on George! Get a Lab!

@dangray 6 ай бұрын

Saw this guy on another youtube channel. More entertaining than most. New subscriber.

@casamequite 6 ай бұрын

Cage did a remake of Left Behind while making ketchup contributions to the IRS. Not bad for a low budget flick but he's no Tom Berenger.

@LibreDeudas 6 ай бұрын

Man I’m being serious if you haven’t get George’s book get it TODAY!! My life has changed completely after reading it. I’m serious!!!

@GeorgeKamel 6 ай бұрын

🥹♥️

@Observer100-cn7gv 6 ай бұрын

They repeat the same things all the time? Are you saying that you could not think for yourself? Basic principles.

@LibreDeudas 6 ай бұрын

@@Observer100-cn7gv I think you trying to be smart and you looking very dumb right now. Some people have no idea about credit cards and how they work & that’s why there’s so many debt! If they were so basic stuff why there’s so many debt in cc ? Look at you.. trying to get some fame by being smart and looking very dumb lmao! Stop trying so hard, let people learn.. smart ass. Stop being a hater , sit down. 🪑

@CurtisJBergerJr 6 ай бұрын

Nicholas Cage is the funniest of them all because he really just bought things everyone wants to have and then he’s so talented that he worked himself out of it all and he’ll end up with double that soon.

@rebellb258 6 ай бұрын

No no no - THERE IS MONEY IN THE BANANA STAND! *it's on fire*

@ftr911drvr 6 ай бұрын

I don't know why I didn't assume this was a Dave Ramsey channel I like this guy, I've never been a fan of Dave Ramsey he's another far right stereotype

@michael7054 6 ай бұрын

Great video! I really enjoyed watching this!

@noahagnor5518 3 ай бұрын

How is George not more popular?! He is hilarious and insightful. This guy should have millions of subs. Props to Dave Ramsey for giving him a platform

@Ojisan642 6 ай бұрын

Bitcoin is at an all time high. You should know better than to look at the short term over the long term. Also, Bitcoin isn’t crypto. Bitcoin is an asset. Cryptos are securities. “Actual money” as you call it only loses value. You guys are stuck with Dave’s uninformed boomer take on bitcoin, I guess you all have to toe the line. But you’d have more credibility if you educated yourself and stop parroting Dave’s bad take, it’s costing your viewers real money to not be putting some of their savings in bitcoin. But not to gamble on crypto. There’s a difference.

@eandrgoodwin 6 ай бұрын

My grammarian son told me that, since octopus is a Greek root word, the proper pluralization is “octopedes.”

@chuckiej 6 ай бұрын

Great episode! And fun hearing stock music I know from somewhere else in the background :)

@nandodakid89 6 ай бұрын

Obj good on his bitcoin now 💪🏽

@Poooridge123 6 ай бұрын

Pretty sure Beckham Jr has made money since the recent surge. And JT made money off of the MySpace purchase. The lesson here is that millionaires can handle risk better than the average person (everything else equal ofc) and therefore their lessons are less valuable. It’s much simpler to stomach a 95% loss when I have 40 million stashed away

@rbo1823 6 ай бұрын

What is the price of Bitcoin now? Please talk about the upside AND the downside to be honest. It’s ok to advise staying away, but be honest.

@joeriveracomedy 6 ай бұрын

Tells the joke then uses the clip to repeat the joke. SNL bound.

@judgeo2956 6 ай бұрын

Never thought I’d see Shakira in one of George’s money videos but hey I ain’t complaining. Great job as usual

@saltodefe 6 ай бұрын

I'm no Shakira fan but I'm Spanish and what they did to her was absolutely unfair. She accepted the charges against her because she had chances to win but after years in court, paying millions to lawyers and she surrendered. Just avoid Spanish tax office as much as you can.

@Observer100-cn7gv 6 ай бұрын

Too much of a fan. She doesn't even know you. Most rich people are thieves and do not like to pay.

@ThatGuysGuitars 6 ай бұрын

The Odell Bitcoin thing is an interesting case in timing He literally got paid when it was at an all time high, before it immediately crashed. Yet, had he taken the same contract a year later, and held it to today value; he’d be up 400% (before taxes calculated out) Obviously, he probably wouldn’t have wanted to be paid in Bitcoin a year later when it was $16k, instead of $64k - but it’s a neat fact

@timopraxis 6 ай бұрын

Let us know when you get your first castle, George!

@ExiledStardust 5 ай бұрын

"Octopi" is not correct. You did not check. The actual plural of "octopus" is "octopodes," but since most people don't know that, "octopuses" is acceptable. "Octopi" is wrong because octopus is a Greek word, not a Latin word, and there is no reason to apply a Latin ending to a Greek word. Either give it its correct Greek plural, or the standard English one.

@mrgeorgeburdell 4 ай бұрын

Dave's assets were worth $4.2 million. He had borrowed $3 million. His net value was therefore $1.2 million. You said he owed $1.2 million, but he actually owed $3 million.

@christianscacchetti9178 6 ай бұрын

Funny how Timberlake risked $35M on MySpace and then played Sean Parker in the Facebook movie 😂

@brucetec6597 6 ай бұрын

If he kept his Bitcoins he would have quadrupled his money now.

@AnalogWolf 3 ай бұрын

One thing I have learned is that no matter how much money you make, you can always find some way to spend it. If you get a raise or promotion, don't increase your spending accordingly.

@AC-qi9wo 6 ай бұрын

Animals are so expensive too, we had our cat put down and the cost of the vet, was 335.00 it also included the cremation of her too, along with $80 to $100.00 a month in food and litter, it strained my budget this is one reason I'm not going to adopt another an.

@maureenogorman8740 6 ай бұрын

Here is an original idea. People grown broke slowly At first and then quickly.

@withonestonechannel 6 ай бұрын

Bitcoin is now worth $68,000+. Lesson here is; HODL YOUR BTC !!

@bmoshareholderappleshareho855 6 ай бұрын

Seven out of ten lottery winners end up broke within ten years of winning the big jackpot. 60 % of pro athletes go broke some time after retirement.

@carrioncalisthenics 6 ай бұрын

George, you have the perfect frame to get into calisthenics; let’s do a workout 💪🏼

@howellomaha 6 ай бұрын

I haven't seen Andrew Hales videos but they sound creepy, not funny. Women don't want a random person coming up to them touching them.

@christisking777 2 ай бұрын

Val Kilmer could be on the list. I watched his documentary what an eye opener

@The3lliotL33 6 ай бұрын

Never ever would I expect to see Cilla Black on this channel 😂😂

@amandarogers3076 2 ай бұрын

Ahhhh, love a good use of the "surprise, surprise" song LOL

@masoquistaeo 3 ай бұрын

George: “he could have freed 2 Willies” Me: 👀👀👀😈

@AdrianGonzalez-li3on 6 ай бұрын

lol that intro though

@lukeharris2622 6 ай бұрын

✝️

@thechosenwon2207 6 ай бұрын

🐪 He’s so frugal rumor has it he rides a camel to work

@alantang9748 6 ай бұрын

George, do you really wipe after your dogs?

@ThisBlondeLife 6 ай бұрын

Oh man, Myspace! I miss those days lol

@davidrg1550 6 ай бұрын

Loved the Cilla clip 😆

@gene_takavic57 6 ай бұрын

Tax cheating elitists.

@jennifermiranda464 6 ай бұрын

😂😂😂 love the intro.

@su-mu 6 ай бұрын

11:36

@yudieeperalta9007 6 ай бұрын

Haha the intro 😂

@thevegantitian 6 ай бұрын

You are awesome George! I love your show openings!

@chrisjennaberglund-mn 6 ай бұрын

That intro tho 👌🏼

@GeoffreyHiggs 6 ай бұрын

Idea for next guest: "Pro the Doge" have Andre hook you up with an interview with non-other than the "Doge Coin Millionaire"

@Freebirdpr 6 ай бұрын

George live frugal lifestyle, his French bulldogs not.

@DonutAgain 6 ай бұрын

Bitcoin is all time high this week. Just saying.

@Ghostriverboudoir 6 ай бұрын

Nick cage might regret buying a TREX skull too 🤣🤣😭😭

@matth1379 6 ай бұрын

If it really were a bad idea to get paid in Bitcoin, it’d be a good idea to pay in it. So borrow Bitcoin rather than dollars for your home purchase? Clearly not. 🤔

@blackspiderman1887 6 ай бұрын

Great intro!

@mirandasiegersma7208 6 ай бұрын

LOLLLLL the dramatic sideways look to the camera I cannot with you George!

@the_ooh_aah_bird 6 ай бұрын

George Kamel and Cilla Black is a combo I didn't know I needed

@lindsay3793 6 ай бұрын

Thought it was Ken Coleman in the thumbnail but it was Nicholas Cage.

@ikyiAlter 6 ай бұрын

And remember, ignore the ads in these videos. Lol...

@Helena-ou8ry 6 ай бұрын

❤ it , yeah that’s how my family has been one of the richest and lost it all. Don’t buy assets you can’t afford to maintain people.

@josephlabranche4889 6 ай бұрын

Spendaholitcs was amazing 😂 the intro was perfect

@davidseeley558 6 ай бұрын

Who the hell gets their income paided in Bitcoin? 😅

@Keisha-MaeRodriguez 6 ай бұрын

WHAT AN AMAZING INTROOOOO!!! LOL THAT LAST PART IT TOTALLY TRUE LOL

@jonathanjones6828 6 ай бұрын

The price of one bitcoin hit an all time high of around $70,000 today.. maybe he should have kept some of it. George, I encourage you to talk to someone like Preston Pysch or Luke Gromen about macroeconomics and bitcoin.