This is a strategy but an extremely risky one… you better be damn sure your flip is successful or you will be paying 22% interest on that venture. That’s what we’re talking about.
@osmanhalifa73487 ай бұрын
No risk no reward
@davidval7188 Жыл бұрын
The trick is to find That product or business the you can flip.
@Mojojojo3356 ай бұрын
Not a trick
@Drod11z3 ай бұрын
@@Mojojojo335can u elaborate
@pj-hs7pk3 ай бұрын
@@Drod11zjust flip what u know
@jay2009funАй бұрын
Excactly
@pedroruiz4716 Жыл бұрын
this is knowledge i just spend $558 on tiktok ads and lost -248 but if i had a credit card i could swipe $800 in one week i could of flip that and still had cash to add too but live and learned knowledge is power .. flip it to 100's to 1000's
@wavykickz_2.0 Жыл бұрын
Been doing this with shoes bro. I max out all cc on my inventory, and i pay off all cards before the closing date after i flipped the kicks... TY bro🤝🏽
@moneyguyfly6583 Жыл бұрын
Go more In detail
@Wowvod Жыл бұрын
How many credit cards do you have? I don’t plan on getting a debit card cause that shi will eat up my checking account
@wavykickz_2.0 Жыл бұрын
@@Wowvod I have 6 cards rn, best feeling in the world is flipping the banks money... Add tradelines to start off with high limits on your CCs
@Wowvod Жыл бұрын
@@wavykickz_2.0 okay that’s what I was initially planning on doing actually, but what was your first credit card?
@Jack-jp6ki9 ай бұрын
@@wavykickz_2.0let's do some business together.
@failureface1837 Жыл бұрын
This brother is intelligent while you worried about his clothes
@kingmode4 Жыл бұрын
Dude Changed my life in 2020
@quest805411 ай бұрын
How?
@kingmode411 ай бұрын
@@quest8054 saw his video on how to make money on credit cards through AU spots.
@CreatorsExpress Жыл бұрын
When you spend money you want it to make you money. Every dollar you spend should bring you atleast .10-.20 on the dollar. Your margins don’t have to be crazy. You just need consistency and good services/products.
@elnegritolamar4689 Жыл бұрын
Let's address the elephant in the room which is how tf you're gonna turn that loan into a revenue stream which isn't easy to do. The average person doesn't even have an emergency fund and is living paycheck to paycheck. Let me guess Real Estate, air bnb, forex, crypto lol. How about instead of trying to scam a credit card you come up with a business idea that actually creates value then think about leverage. Or learn a skill that people are willing to pay for.
@MrArtVein Жыл бұрын
The answer is don't be an average person. You don't have to scam to do this. Where I stay you can get a commercial kitchen membership $100 then pay $20 per hour to run a Doordash only food spot selling 1-2 items. Y'all stay thinking negative which is why y'all stay broke. Cuz you've already convinced yourself to gotta be evil to make money. Meanwhile it's folks making $10M off dog ramps lol
@TheirsHopewithJesusChrist_2776 ай бұрын
I agree, come up with your damn game plan first. Before you even begin to think of using credit and leveraging it.
@jinbambino-digeronimowitch5936 Жыл бұрын
Mega Man boots aside…he’s spitting knowledge. I am working on getting certified as a financial advisor and I’m ten minutes i learned things that should be taught in schools. I was a little angry because we are so concerned with having weirdos in banana hammocks doing story hour and dance offs instead of empowering people. That shows you what’s happening is what they want
@martin4819 Жыл бұрын
It takes money to make money is not exactly a secret or revolutionary idea, nor is using other people’s money to do so. It’s called a business loan! The trick is figuring out where to put money that’s going to earn more than your interest rate of your loan. In the case of CC it could be as high as 26%!
@ricruss1869 Жыл бұрын
One word. Leverage.
@norvelle53 Жыл бұрын
Praise God.......
@venoldjohnson69096 ай бұрын
If what you’re investing is in is making money consistently yes! Debt with multiple plans
@allgasnobrakes919 Жыл бұрын
Talk that talk Fam
@makavelli7211 Жыл бұрын
Dude lost mad weight.
@dalehughes388 Жыл бұрын
Is this man making shit up or am i just too broke to understand what hes talking about ?
@socl653410 ай бұрын
An example is this. The Jordan 11 concords (VERY popular sneaker that always sells out quickly) are rereleased today, so I use my credit card to buy 10 pairs of them. They cost $200 each (made up number, I'm really not sure how much the msrp is), so I'm out $2,000 (in credit). A few months later (when they are sold out everywhere) I put them on ebay and resell them for $400 each. Once they are all sold, I get $4,000 but remember I still need to pay off the credit card company their $2,000, also factor in shipping costs and credit card interest because I'll most likely be paying just the minimum payment every month on that very same credit card to avoid any fees and keep the credit card company happy. Another example, say you're a prostitute and you use a credit card to buy all of the things that a prostitute uses to attract new clients (sexy high heels, sexy outfits, manicure, pedicure, hair done nice, perfume, mouthwash, phone, etc...) She spends $1,000 in upfront costs and gets 10 clients per day everyday. She'll EASILY recoup that $1,000 in no time. Now let's take it a step further and say she spends $10,000 (in credit) on "getting work done" on herself to attract even more and higher earning clients. She'll get even more clients with her new look and earn money even faster. The trick is basically to have a way that you know for sure will earn you income once you spend that upfront credit, (i.e. a way to flip your money).
@tatianabritton62587 ай бұрын
He’s speaking unrealistic hypotheticals. It sounds nice when he says it but the reality is if you aren’t selling said “product”, you’re on the hook for paying back that loan plus interest. And if things go really south, you can always face lawsuits from your creditors if you can’t pay back what you owe. There’s a reason why 90% of businesses fail within their first year.
@alphap9007 Жыл бұрын
That’s the ONLY thing I respect from trump. In one of his books he stated you get rich by using other people’s money.
@JB0010 Жыл бұрын
Trump put money in your pockets, Democrats are paid by China
@kenyafromcali Жыл бұрын
That’s good game. Should be respected. 🤷🏽♀️
@all4onejerzyd.344 Жыл бұрын
DOES ANYBODY KNOW WHAT TYPE OF BUSINESS HE OWNS? I thought he had a debt consolidation company, but I'm not sure?
@OutbackinLasVegas10 ай бұрын
Don’t forget the 4 percent on the original amount.
@BaileyZLeone6 ай бұрын
How would you use a credit to grow the money?
@ajjoyner1909 Жыл бұрын
Ok.. how did you turn the grand into 10?
@ItsRich10059 ай бұрын
Flipping what my guy
@jasonjstdr Жыл бұрын
Borrowing money to invest…
@cashlesssocietyobsolete7348 Жыл бұрын
This is basically scamming at some it's best
@maneleymichaelj3584 Жыл бұрын
How is it scamming?
@cashlesssocietyobsolete7348 Жыл бұрын
@@maneleymichaelj3584 look up your birth certificate bonds aka trust bonds do you have a social security number and a birth certificate bonds that's where all this stuff is coming from your birth certificate is on the new York stock exchange everyday with billions in it the higher-ups is over it that's why y'all think with this credit crap it's free etc u already filthy rich mountains of gold etc u was weathly birth certificate bonds aka trust bonds look it up this matrix simulation is a scam matrix the real stuff is your birth certificate bonds aka trust bonds I'm sending off my paperwork now
@CatfishBradley Жыл бұрын
Based on your name and picture, YOU are the scammer lmao
@candyfanaticworld Жыл бұрын
😍😍😍😍
@kingdon9274 Жыл бұрын
💯
@gerardbeard4894 Жыл бұрын
Why do i care what the next person doing thats the problem people to worried about the next
@carladirden Жыл бұрын
What is his name?
@makavelli7211 Жыл бұрын
Marcus Barney (a.k.a Him 500).
@TrapGod9486 ай бұрын
🤣 where can you spend a thousand dollars and make $10,000 off it in America tell me I will love to know
@Tasraww Жыл бұрын
Let’s gooo
@Christopher-tr1xu Жыл бұрын
What is he buying for 1000 that gives him a return of 10000
@moneyguyfly6583 Жыл бұрын
This makes more sense if you're using someone else's money