Kevin O’Leary Reacts: Living On $515K A Year In Berkeley, CA | Millennial Money

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CNBC Make It

CNBC Make It

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"Shark Tank" investor Kevin O'Leary reacts to an episode of Millennial Money, featuring Sahil Mehta, 25, who lives in Berkeley, CA and earns $515,000 a year as a real estate investor and developer for Golden Gate Sotheby's. Sahil and his brother Suyash own five properties in the area.
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It’s hard to find fault with many facets of Sahil Mehta’s finances.
At just 25, he’s earning $515,000 a year between his full-time job as an executive assistant for a real estate agent at Golden Gate Sotheby’s and operating five rental units in his spare time in Berkeley, California. He saves a healthy portion of his income and keeps discretionary expenses relatively low.
He’s impressed Kevin O’Leary, O’Shares ETFs chairman and judge on CNBC’s new show “Money Court,” who watched Mehta’s financial journey with interest.
“Twenty-five years old, living on over half a million dollars a year. That’s not really that hard to do,” O’Leary jokes.
That said, some of Mehta’s money moves can be adapted by just about anyone who wants to better their finances. A big one: contributing to an individual retirement account. Mehta invests $1,500 per month, but most financial experts say to aim to invest 10% to 15% of your income for retirement.
“Puting it aside into an IRA is a fantastic idea because you want it to start compounding at 6% to 8% a year,” O’Leary says, alluding to stock market historical returns, which are not guaranteed. “That’s what you’re putting aside for your nest egg when you turn 65.”
O’Leary was particularly impressed with Mehta’s ability to turn what could have been a source of trauma - his father losing his job during the 2008 recession - into a source of strength. Not wanting to be financially vulnerable in the way his family was during his childhood pushed Mehta to move to California on his own at 16, attend and graduate from college early and start his now-flourishing career in real estate.
Now, Mehta invests heavily in himself and saves around $10,000 a month to put toward future property purchases. He’s doing so well, in fact, that O’Leary has trouble finding fault with much of anything.
“I’m giving him 100%. I rarely do that,” O’Leary says. “This kid got it right.”
Watch the full video to see what else O’Leary has to say about Mehta’s finances.
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Пікірлер: 2 900
@terrasai2857
@terrasai2857 2 жыл бұрын
10:20 Spot on. Contrary to what many Americans do which is make their kids take student loans for college and fend for themselves once they turn 18-20, many Asian parents will pay for their children’s college education completely so they can put all of their focus on their career. One of the big reasons why so many Asians in America are so successful. Then they pay their parents back by taking care of them until they pass away.
@mocheen4837
@mocheen4837 2 жыл бұрын
We have been saving for our children’s college since before they were born. Other people are out spending on lavish vacations and eating out while we saved and invested. My daughter received a full STEM college scholarship and will utilize her college savings towards medical school.
@HM-wn2in
@HM-wn2in 2 жыл бұрын
It's weird that it's not like that everywhere else.
@terrasai2857
@terrasai2857 2 жыл бұрын
@@HM-wn2in I guess it's just cultural. Many Americans don't financially support their kids not because they want to hurt them but to make them more independent and responsible.
@terrasai2857
@terrasai2857 2 жыл бұрын
@@mocheen4837 Wow! Congrats to your daughter! My older sister recently got into medical school and I'm so proud of her.
@HM-wn2in
@HM-wn2in 2 жыл бұрын
@@terrasai2857 I go to med school and I had to get student loans but it's alright here in the UK. I know in USA it's tough. Also live at home with my parents. And I have a pretty nice income from crypto.
@kenbobcorn
@kenbobcorn 2 жыл бұрын
As Kevin said, he is 25 and has 10m invested with his brother in rental properties. There is no way he could have received the line of credit for even 5 million unless he has significant collateral to back it up. Notice how in his monthly breakdown he doesn't even have mortgage or interest payments, meaning the 10 million in homes are pure equity. Most likely his parents already owned the homes and transferred them into their kids names. The boys are also young and its odd that their parents are retired at their age. The parents are as old as 55 given the average age that people have children, but they could have easily retired early since they are a doctor and a business owner. Moving the rental properties in their children's name reduces the taxable income of the parents, and the parents most likely can live comfortable with what they have. Unlike other of these sorts of videos where real estate owners talk about their leverage, in this video it was missing meaning the home are inherited. As Kevin said in the video, he would love to know how the kids are leveraged but it's nowhere in the original video what their lending situation is like.
@kyawzazaw18
@kyawzazaw18 2 жыл бұрын
They did say the crash of 2000 hurt them tremendously
@janki3353
@janki3353 2 жыл бұрын
Yea he came from BIG money. crash of 08 must have hurt their million dollar buisnesses but not nearly that baf.
@forthehomies7043
@forthehomies7043 2 жыл бұрын
his brother couldve put 8m of that in. Plus with him being in the real estate industry, MUCH easier to get deals
@mytravls
@mytravls 2 жыл бұрын
55 years is old for indians. thats why we get pressure to start early. everything in life.
@wanderingdoc5075
@wanderingdoc5075 2 жыл бұрын
good eye, you're correct.
@Gsuneow
@Gsuneow 2 жыл бұрын
Keep in mind that this kid came from a background of wealth. It’s a different story if he came from a background of poor parents and really struggled. But he graduated from Berkeley high school, a school where most if not all of the kids parents are wealthy. Edit: everyone keeps missing the point of this comment. The kid said his family struggled but then mentions he got a large trust fund and a few properties that he didn’t specifically explain how he acquired fresh out of high school. The whole point is whether he actually struggled because struggle for the rich is completely different from the struggle that a average American has to go through.
@SuperEman500
@SuperEman500 2 жыл бұрын
Yeah, Manny Khoshbin more real than this guy , Manny started from nothing, him and his family lived out of their family car that was donated to them from one of the father’s friends, and now he broke free from all of that to become the guy he is now.
@bandanasaikia6048
@bandanasaikia6048 2 жыл бұрын
@@SuperEman500 he is an old guy
@jitlv
@jitlv 2 жыл бұрын
What? So if you come from a poor family you can’t be wealthy later in life? So if you come from a wealthy family it’s also assured that you’re going to be wealthy?
@Gsuneow
@Gsuneow 2 жыл бұрын
what? No. This completely went over your head. It has been statistically proven, that children of wealthy parents have a larger percentage of success. Than a middle or lower child. Basically what I’m saying is that this would have been a better video. If he actually came from poor to rich-not rich to richer.
@Blaze6432
@Blaze6432 2 жыл бұрын
@@Gsuneow Some people are too stupid to understand what privilege is. Don't bother with him.
@theyofactor
@theyofactor 2 жыл бұрын
Very impressive. Let's remember his father was a MD and his mother was a business owner. So Sahil had a great background. Was his family rich to begin with? Did his family's connections help him land that job? My point is some people have greater odds of being in this position than others.
@adambrackston3471
@adambrackston3471 2 жыл бұрын
If he took 2 years of college while at high school he has what it takes no matter his background tbh.
@MikeTech201
@MikeTech201 2 жыл бұрын
This is true but you can amass a portfolio the size of his without the same background but the job could have cherry picked him.
@kevinnguyen2774
@kevinnguyen2774 2 жыл бұрын
Easy to say than do…my family is rich and I 30 and live @ home 😂
@vince7735
@vince7735 2 жыл бұрын
@@adambrackston3471 I think he said he took courses that would be transferable. Basically his time is limited working a job and managing properties so it's a no-brainer.
@777jones
@777jones 2 жыл бұрын
People who cry all the time and are losers rarely win. His parents arrived in the US with probably nothing and also went broke in the 2000s. Is he oppressing you? What is your excuse?
@minismalls3096
@minismalls3096 2 жыл бұрын
I appreciate o'leary saying "not everybody is able to do that" when talking about this stuff. a lot of people only have enough to barely survive, so saving 50% of monthly income is out of the question. I like that he's not out of touch with a lot of people's realities. if you're able to do it, then thats great - but so many personal finance folks make it seem like *everybody* is able to do it when that's not the reality.
@jandersen6802
@jandersen6802 2 жыл бұрын
It is your own fault. Why didn’t you take school more seriously? You could easily have been baking $200K by now.
@minismalls3096
@minismalls3096 2 жыл бұрын
@@jandersen6802 not sure if you're joking but i'm not struggling by any means, i'm just empathetic to people's situations. a big chunk of people live paycheck to paycheck J, life is not so easy. school does not guarantee 200k per year for everybody not sure where you got that from? are you an american? here - only a doc is "guaranteed" a high salary like this but only after graduating with well over a million dollars in debt. this person is an outlier and should be seen as such. great inspiration, but saying everybody can save 50 percent of their income is ludicrous. majority of people with higher degrees makes 50/60/70k. engineers start off with like 150k if they're really good, but even they have to pay 500k back in student loans.
@CSpottsGaming
@CSpottsGaming 2 жыл бұрын
@@minismalls3096 The entire idea that people could be making $200k a year if only they'd taken school more seriously is the perspective of a 15 year old that's never worked. I have an engineering degree in one of the most lucrative engineering fields (at entry - other fields have much higher ceilings) and didn't make that in the few years I worked in that industry. I'm now about to graduate with a masters in finance and the job I signed for isn't $200k (despite the lengthy work hours and the prestige of the position). $200k as a person under 30 is very difficult to attain. I'm 27 now and might hit that number with raises and bonuses between now and then, but it's hardly something the average person could be expected to reach. By the time you retire? Sure, a well educated person that puts their head down might be able to achieve that. But to think it's something an average or even above-average achiever could do is ludicrous.
@FM-dm8xj
@FM-dm8xj Жыл бұрын
@@minismalls3096 hmm, you think doctors guarantee a high salary? study harder.
@photon2724
@photon2724 Жыл бұрын
@@minismalls3096 500k for an engineering degree!! As a fresh engineering graduate, its no where near THAT MUCH.
@W07043304
@W07043304 2 жыл бұрын
Dude is eating fast food and drinking Coca Cola. Kevin "He is eating healthy, He is very smart" :D
@jarebombao5382
@jarebombao5382 2 жыл бұрын
You can eat salads all day and still be fat.
@hnmsolutions1
@hnmsolutions1 2 жыл бұрын
USD-PKR almost $$175...
@faraanfaruqi766
@faraanfaruqi766 2 жыл бұрын
Kevin doesn’t count calories, he says it’s good, because it’s cheap
@bitethebook249
@bitethebook249 2 жыл бұрын
LMFAOOOO
@THExKINGxKINGx
@THExKINGxKINGx 2 жыл бұрын
@@jarebombao5382 What does that have anything to do with his comment? The point is fast food isn’t “eating healthy” like he stated.. Salads are healthy.. especially compared to fast food which is not.. 😐
@Jawnderlust
@Jawnderlust 2 жыл бұрын
I’m not a shark tank fan, but Kevin crushes these videos. Love it. A+
@tracilynette2984
@tracilynette2984 2 жыл бұрын
"and he says he's eating well. very smart. very smart." I cannot
@contagiouz989
@contagiouz989 2 жыл бұрын
He made him emotional. I thought Kevin was going to tear. Good story well executed. Wish him all the best.
@meshap.8713
@meshap.8713 2 жыл бұрын
The reason why financial literacy at a young age is so important in every culture. I’m speechless.
@aldossnow3703
@aldossnow3703 2 жыл бұрын
Number one thing he did was being born to a doctor and a a business owner . Anyone can do that ! 😉
@PA-eo7fs
@PA-eo7fs 2 жыл бұрын
Aldos Snow na, plenty of folks born into upper middle families who don’t do anything. You’re a defeated loser lol
@IAMJOHN4EVER
@IAMJOHN4EVER 2 жыл бұрын
Having a job that pays six figure also helps you accomplish those goals
@thecryptohacker9976
@thecryptohacker9976 2 жыл бұрын
@@aldossnow3703 lol being rich is a mindset ,you can be born into a wealthy family and generate 0 dollars.Ive seen people with millions losing everything.This is an excuse for insure people like you to feel superior in a way because you are unsuccessful in life Most millionaires in truth generated their own wealth.The journey from 1000dollars to 100 million is equally commendable as the journey from 100,000 to 100 million.Sad ,our society praises mediocrity and calls successful and rich people evil lol.
@top7elites597
@top7elites597 2 жыл бұрын
@@aldossnow3703 lol what a loser
@kingbush9328
@kingbush9328 2 жыл бұрын
Most people venture into crypto to be a millionaire, meanwhile, I just want to be debt free
@samuelroyal3818
@samuelroyal3818 2 жыл бұрын
That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to getting rich
@chrispaul3778
@chrispaul3778 2 жыл бұрын
You don't make money on forex or crypto by holding your coins rather you trade to make gain.
@doragary3717
@doragary3717 2 жыл бұрын
Assets that can make you wealthy Gold Crypto Stock Real estate
@maxiecharles2842
@maxiecharles2842 2 жыл бұрын
When you invest in crypto you are buying a day you don't need to work.
@lukeben1596
@lukeben1596 2 жыл бұрын
Wish I knew about crypto trading earlier.stock is good but crypto is better. Brace up and get yourself a bitcoin before it's too late.
@seriousman99
@seriousman99 2 жыл бұрын
8:09 "Blood is more important than money *sometimes*" lmao
@albertoj.mollinedo4116
@albertoj.mollinedo4116 2 жыл бұрын
There’s an old saying: “blood is thicker than water, money is thicker than both” that’s probably where they got that and twisted it.
@moonlightfitz
@moonlightfitz 2 жыл бұрын
It’s true.
@shakunrelhan2944
@shakunrelhan2944 2 жыл бұрын
@@albertoj.mollinedo4116 pretty sure they didn't got that from this...
@gavnonadoroge3092
@gavnonadoroge3092 2 жыл бұрын
next video, living on $5 billion a year in Beverly Hills, CA
@diamondmax5141
@diamondmax5141 2 жыл бұрын
Next video living 10 million a year in Atherton California (Richest and most expensive neighborhood in the world)
@bandanasaikia6048
@bandanasaikia6048 2 жыл бұрын
No one lives with that amount
@tbacak311
@tbacak311 2 жыл бұрын
I struggled a lot as a kid... my dad was a doctor and my mom owned her own business... lols
@AznBoi871
@AznBoi871 2 жыл бұрын
It's definitely easier to get on your feet with capital from parents but that's the culture being taught and built into it. It's not the money it's the drive. I envy his knowledge big ups 💯
@sta1RR
@sta1RR 2 жыл бұрын
You can tell he struggled , not many make such good use of opportunities they have
@littlelarry2912
@littlelarry2912 2 жыл бұрын
Probably means making friends and being Asian. Most kids don't realize they have or don't have money.
@Jensoncorpuz
@Jensoncorpuz 2 жыл бұрын
Some doctors don’t make much, especially after all the debt they’re in after school. Plus his wife lost the business and they had like 3 kids and possibly they were taking care of the grandparents as well which is normal in Asian families.
@shelby427
@shelby427 2 жыл бұрын
Only a few people saw his BS
@dvoob
@dvoob 2 жыл бұрын
Lol "my parents lost everything when the real estate markets crashed, therefore I learned to be safe with my money" Proceeds to take out nearly $10,000,000 in debt to invest into real estate. Love it...
@Pwn3dbyth3n00b
@Pwn3dbyth3n00b 2 жыл бұрын
Well once the market crashes buy low sell high. You probably got another decade before the next recession cycle.
@NickB-md1oy
@NickB-md1oy 2 жыл бұрын
Risk management my friend. Scaling up doesn’t change it.
@forsupernovae2401
@forsupernovae2401 2 жыл бұрын
he just trolling and shtuff
@forsupernovae2401
@forsupernovae2401 2 жыл бұрын
@@Pwn3dbyth3n00b that was after a decade...what
@noway2451
@noway2451 2 жыл бұрын
@@stephenworsley every year people like you say this and once every 10 or so years you get to say "see i told you so!" and still everyone thinks youre dumb...
@PatrickMTrent
@PatrickMTrent 2 жыл бұрын
We work for 40yrs to have $1M in our retirement, meanwhile some people are putting just $10k in a meme coin for months ago and now they are multimillionaires power of digital currency.
@danielkaplan6610
@danielkaplan6610 2 жыл бұрын
wonderful lessons for new beginners like myself. Great details and modeling.
@aidanpatterson5430
@aidanpatterson5430 2 жыл бұрын
Growing in cryptocurrency requires time and Patience
@deanp..sanders9366
@deanp..sanders9366 2 жыл бұрын
Hello what is the best way to get started with this cryptocurrency trade because I've been making my personal research for a while now.
@charlesdavis8162
@charlesdavis8162 2 жыл бұрын
@@deanp..sanders9366 .Invest or trade with a good guide is the best way to get started in the trade market. Learnt that the hard way🤨
@PeterCSkov
@PeterCSkov 2 жыл бұрын
I'm interested to learn what this cryptocurrency trading stuff is about
@sahilmehta1269
@sahilmehta1269 2 жыл бұрын
I am so deeply honored, blessed and grateful! Thank you!!
@ashwanijoshi5199
@ashwanijoshi5199 2 жыл бұрын
Wishing U the best brother!! We are a 2 physician family as well trying to balance things.
@PatrickBatefan
@PatrickBatefan 2 жыл бұрын
Send me 100k gujju bro
@Asif24960
@Asif24960 2 жыл бұрын
How much debt do you have on the $10m property?
@n3gi_
@n3gi_ 2 жыл бұрын
This comment needs to be pined.
@cyberpunk7997
@cyberpunk7997 2 жыл бұрын
I don't know what to comment so wish you luck ☺️
@explorecalifornialife
@explorecalifornialife 2 жыл бұрын
Thanks for sharing your input
@ggvffggyfdfgujjhhggxxxxghyhhg
@ggvffggyfdfgujjhhggxxxxghyhhg 2 жыл бұрын
Dude: ahhh whsjdhucfj dhdjdjd Kevin: Very Smart, Very Smart
@BerserkChapter355Page8
@BerserkChapter355Page8 2 жыл бұрын
Not trying to diminish his success but he’s coming from a pretty privileged background. Dad’s a doctor, grew up in Berkeley, attended UC Berkeley, real estate in a red hot market. He’s really smart and grounded so he’ll be even more successful and I commend him for that. Most of us don’t have the same opportunities he has had-he’s definitely an outlier.
@MonkeySpecs301
@MonkeySpecs301 2 жыл бұрын
yea exactly, i wanna see him give up everything and move to the Congo and see how he does there.
@strangerdanger8462
@strangerdanger8462 2 жыл бұрын
Y'all trying to make excuses for yourselves? Pathetic. 🙄
@choosey87
@choosey87 2 жыл бұрын
@@strangerdanger8462 You can't deny he's had a head start...
@msshana7802
@msshana7802 2 жыл бұрын
That's still irrelevant.. think about how many other "rich kids" that have a head start and still have not amount to anything. It's obvious that he is very driven and level headed so regardless of his parents financial status he would still be who he is today if it was meant to be. Let's stop with the same old BS excuse.
@Maria-pv2ji
@Maria-pv2ji 2 жыл бұрын
He said his family lost it all during the recession. The kid is smart..
@brucedubby6449
@brucedubby6449 2 жыл бұрын
"Don't buy things you don't need but when you do need something buy the best" ...That's a bar
@raumaan23
@raumaan23 2 жыл бұрын
the thing is…. Tesla isn’t the best, he was wrong about quality and longevity 😭
@brucedubby6449
@brucedubby6449 2 жыл бұрын
@@raumaan23 Whatever you feel is the best for you. Of course everyone isn't gonna agree on whats the best
@raumaan23
@raumaan23 2 жыл бұрын
@@brucedubby6449 yeah I know I’m just talking about how he was talking about quality like Tesla’s are known for that lol
@BigBri550
@BigBri550 2 жыл бұрын
@@raumaan23 Yeah, yeah- sour grapes. We all knock what we can't have to make ourselves feel better.
@raumaan23
@raumaan23 2 жыл бұрын
@@BigBri550 I mean I just started college rn so I’m fine with my Prius bud, I’ll get a Tesla for the fun later, (not the quality)
@theramblingzone
@theramblingzone Жыл бұрын
I have always had side businesses. About 4 years ago I was able to turn them in to a full time situation, so I didn't have to work a traditional w-2 job. The wisest thing I learned was how to write things off on taxes. Learn the tax laws and codes and you will think differently about your bills and purchases if you have business, even if it's just a side business. Everyone should have a business, even if it's just a side business, just for the tax benefits.
@haydencraig7149
@haydencraig7149 2 жыл бұрын
Most people venture into investments to be a millionaire meanwhile I just want to be debt Free
@mbalimaka6393
@mbalimaka6393 2 жыл бұрын
I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings
@kelvinpeter8640
@kelvinpeter8640 2 жыл бұрын
@@mbalimaka6393 Bitcoin trading, but you will need a professional guide on that
@madiezancanellatl9205
@madiezancanellatl9205 2 жыл бұрын
The best decision I ever made in my life was investing in financial market. Trust me guys it pays
@mbalimaka6393
@mbalimaka6393 2 жыл бұрын
I'm new to Bitcoin trading, how do I get started with the help of a professional?
@mbalimaka6393
@mbalimaka6393 2 жыл бұрын
Any specific guide?
@santanat.7206
@santanat.7206 2 жыл бұрын
I love when rich and successful people give away real information that’s not trying to sell you anything.
@SampsfaN
@SampsfaN 2 жыл бұрын
What real information? If you need to be told that savings is the key (of course if you can save) then you haven't been focusing. Wealth is what you don't spend away, it's as simple...
@manhalrahman5785
@manhalrahman5785 2 жыл бұрын
Hi @@SampsfaN
@KekusMagnus
@KekusMagnus 2 жыл бұрын
yeah and that information is usually along the lines of "just be rich lol"
@BigBri550
@BigBri550 2 жыл бұрын
@@SampsfaN True dat! Well, almost true: wealth isn't just operating at a surplus, it's also the acquisition of holdings.
@valeriazaragoza375
@valeriazaragoza375 2 жыл бұрын
What information? Put 1’500 out of your 43k/month income in an IRA? Wow, such sage wisdom.
@tarunthakur713
@tarunthakur713 2 жыл бұрын
Kevin O'Reilly after every 10 seconds "very smart"
@ChrisProutyVideos
@ChrisProutyVideos 2 жыл бұрын
I always learn something new from your videos. Thank you so much!
@jamesvzfighter
@jamesvzfighter 2 жыл бұрын
I should be on the next episode. Kevin O'Leary Reacts: Living on $17K A Year In the middle of nowhere.
@GaryBurrSingh
@GaryBurrSingh 2 жыл бұрын
Lol he would come out a millionair still :P
@brentmcchesney1660
@brentmcchesney1660 2 жыл бұрын
And you probably still save half your income
@cmmguy99
@cmmguy99 2 жыл бұрын
And complaining about people not paying their fair share....
@blaply3421
@blaply3421 2 жыл бұрын
Me, my wife and two small kids live on that same amount a year and I wouldn't have any complaints if it stayed this way, it really pays for a decent life in an Eastern European country. Ofc you can't bring your family to lavish holidays this way but still many live much worse here...
@Nomaddone123
@Nomaddone123 2 жыл бұрын
Never seen Kevin be so impressed throughout. Pretty cool.
@WilliamChan
@WilliamChan 2 жыл бұрын
Saving 70% of your income stops being impressive once you're deep in the 6 figures a year
@almas3427
@almas3427 4 ай бұрын
And single with no children
@papie5151
@papie5151 2 жыл бұрын
When O'Leary speaks I listen> He is a smart and wealthy man but is relatable.
@paulb1383
@paulb1383 2 жыл бұрын
I had seen the living on 515k video previously. Great to hear your input on this!
@recheveste31
@recheveste31 2 жыл бұрын
The kid is flawless and has the mindset of a true Investor. HOWEVER.... He was brought up from an upcoming business family (after 2008) so the family had great credit scores and assets and I guarantee he use that as a leverage when buying property. You can buy property with having your parents co-signing and REMOVING them from your property after 6 months.
@FliknClik
@FliknClik Жыл бұрын
true.. its just, my parents are doing ok.. Good credit scores. I recently co signed to get a house.. I doubt I will be making 500K anytime soon. Rich isnt one thing falling into place..its many.. and having a perfectly honed skill to use when the opportunity does present itself..
@Bittzen
@Bittzen Жыл бұрын
@@FliknClik I heard success is when opportunity meets preparedness. Always be prepared to jump on the next opportunity to present itself, and you'll make successes.
@sharoncohen318
@sharoncohen318 9 ай бұрын
Lol they didn't just cosign, they gave them all the down payments for sure.
@yasht7957
@yasht7957 2 жыл бұрын
3:45 the markets can giveth and taketh - Kevin O’leary
@anasyusuf1607
@anasyusuf1607 2 жыл бұрын
Love his analysis, love the kid more. Congrats CNBC on the great content. Love from the UK
@nachumsash8191
@nachumsash8191 2 жыл бұрын
Thanks for the voiceover Kevin
@anko7827
@anko7827 4 ай бұрын
This kid has Indian values, kudos to his parents for keeping it intact in a western country ❤
@kapambwekapambwe4131
@kapambwekapambwe4131 2 жыл бұрын
Wow, as someone living in a third world country I cant even imagine myself making $1,000 a month yet I have a college degree and am 10yrs older than this young man.
@ryderwashington4199
@ryderwashington4199 2 жыл бұрын
Cost of living and inflation go hand in hand. You cannot live near comfortably with $1000 here, but definitely in your country. Or even less than $1000
@lisafoodie8443
@lisafoodie8443 2 жыл бұрын
its all aboit management... youll be better off than everybody else in your country...
@bavidlynx3409
@bavidlynx3409 2 жыл бұрын
@@ryderwashington4199 thats true.
@attila840702
@attila840702 Жыл бұрын
It's not just a 3rd world problem. I'm European and even I don't make $1,000 a month after taxes. There are probably 100 million people in Europe who makes less then $1K a month.
@60hertzproductions64
@60hertzproductions64 Жыл бұрын
He was handed it all.
@Highspeed2322
@Highspeed2322 Жыл бұрын
love this guy, very honest and straight up
@imranahamed2185
@imranahamed2185 2 жыл бұрын
Great learning opportunity. I’m glad I found this show and I definitely recommend watching it.
@PhilosoFeed
@PhilosoFeed 2 жыл бұрын
"I lived through the crash of 2000 and 2008" Me: the only times I ever remember things being pretty good were around 2000 and 2008, lol.
@bigbeartanner
@bigbeartanner 2 жыл бұрын
Same😂
@bigbeartanner
@bigbeartanner 2 жыл бұрын
However 2006 was good for me
@charliecrosby1268
@charliecrosby1268 2 жыл бұрын
I'm putting aside $15 a week .It use to be $16 but I was denying myself too many nice things
@ew2645
@ew2645 2 жыл бұрын
You’re joking but it’s amazing how many people don’t put aside $15 for possible savings.
@asadb1990
@asadb1990 2 жыл бұрын
you got to start somewhere.
@CryptoLuke96
@CryptoLuke96 2 жыл бұрын
I put 150-200 a week into crypto the rest is for food and rent
@jinxterpinxter
@jinxterpinxter 2 жыл бұрын
@@CryptoLuke96 Dollars or pesos?
@youyoua988
@youyoua988 2 жыл бұрын
Hahahaah same here
@supermario1124
@supermario1124 2 жыл бұрын
More of these with Kevin!!!!!
@dune22
@dune22 2 жыл бұрын
Great video, lots of awesome information.
@ToddBaldwin
@ToddBaldwin 2 жыл бұрын
Mr. Wonderful is that tough love our generation needs!
@dn5426
@dn5426 2 жыл бұрын
"Smash that like button" Graham trained him well 😂
@papastacks1881
@papastacks1881 2 жыл бұрын
No fr he copied and ran with this😂
@romelindareyes7337
@romelindareyes7337 2 жыл бұрын
Investing is buying yourself a better future you don't have to work hard again.
@kelvinl.3875
@kelvinl.3875 2 жыл бұрын
You can say that again.
@kelvinl.3875
@kelvinl.3875 2 жыл бұрын
I have achieved many things in my life since I started investing.
@jasmineheidi1427
@jasmineheidi1427 2 жыл бұрын
Speaking of investment, I've been finding it difficult choosing between real estate and Crypto, Stock investing.
@grazynstevic3170
@grazynstevic3170 2 жыл бұрын
@@kelvinl.3875 You sounded like a motivational speaker, And I hate your kind.😒
@melpatriarca4498
@melpatriarca4498 2 жыл бұрын
@@jasmineheidi1427 I'm into real estate investing.
@zairmorningstarmusic
@zairmorningstarmusic 2 жыл бұрын
this guy his clearly a A Genius
@harveydaniels5115
@harveydaniels5115 2 жыл бұрын
I do agree with you💯 I had a senior colleague at work who was doing well but never had an investment. Unfortunately she lost her job and went from living a comfortable to a hardship life. There would have something to fall back on if she had an investment.
@frederickyork4786
@frederickyork4786 2 жыл бұрын
I had no younger nephews watch this young man's video. He is more than impressive well done!
@scotland369
@scotland369 2 жыл бұрын
It's easily when parents connections and wealth land you a 515k/yr job out of college and 9M in real estate assets at 25 :O
@frederickyork6927
@frederickyork6927 2 жыл бұрын
@@scotland369 Well, I didnt see anything in the clip about his parents connections and wealth. If they were so well connected, why did the parents go bankrupt? From what I saw he and his brother did everything themselves and even financially supported their parents so they could retire.
@ProCoderIO
@ProCoderIO 2 жыл бұрын
Did he say “destroy the like button”? I see that Stephan Graham taught him something!
@JoeOlson2009
@JoeOlson2009 2 жыл бұрын
Someone needs to show him how to wear his Whoop.
@aai343
@aai343 2 жыл бұрын
5:27 Kevin is spot on this, My dad says the same thing, If you want to buy something get something of good quality even if it costs a bit more it will last a long time, He only buys things that have quality. I am on the opposite end buying cheap stuff and having it break down all the down or throwing it away.😅
@carter2671
@carter2671 Жыл бұрын
“You have to have cash set aside for the bad times, cause they always do” exactly
@montuedge
@montuedge 2 жыл бұрын
Financial literacy is must...and respect for taking care of the family 🔥
@TheDanielmeeks
@TheDanielmeeks 2 жыл бұрын
"what I learned about money is make a lot of it"
@pauladriencuny1470
@pauladriencuny1470 2 жыл бұрын
“Putting at least 10% of what you are making”, the richest man in Babylon
@chrissis111
@chrissis111 2 жыл бұрын
This was such a great video. It's much easier to learn with these real world scenarios. Although, I miss hearing you say "you're dead to me"!
@hamfahimkabir
@hamfahimkabir Жыл бұрын
This guy is so humble and responsible. Mashallah. Godspeed.
@Buyitforwife
@Buyitforwife 2 жыл бұрын
I think it’s great what this guys is doing and absolutely remarkable! I will say, however, I wouldn’t be publicizing it like this either .. I wouldn’t want people knowing how much I make personally
@Buyitforwife
@Buyitforwife 2 жыл бұрын
@@pawaniyer oh totally. Just a matter of personal preference. And I agree with all you said
@vince7735
@vince7735 2 жыл бұрын
We need to demystify money and how it's made. You're probably afraid of others learning your tricks and becoming "successful" also. I think it's survival of the fittest instincts at play. But get this, not everyone measures their success with how much money is in their bank account and not everyone worships money. We should end our days with this simple question: Have I helped anyone today or just myself?
@Buyitforwife
@Buyitforwife 2 жыл бұрын
@@vince7735 ya maybe some want to hide their secrets. I agree people need to learn and model from other successful people. For me, its more a personal reason - just don’t want people to know my specific income and breakdown. Never know how that info gets abused or misunderstood
@Droneacharyas
@Droneacharyas 2 жыл бұрын
@hon solo Exactly. It just becomes an attack vector for people who know nothing about your life!
@MORRIS6161
@MORRIS6161 2 жыл бұрын
I agree, I would be embarrassed since I have a 4 year degree
@DiegoG747
@DiegoG747 2 жыл бұрын
What's all the more impressive tho is he got Mr Wonderful emotionally moved
@jonc6157
@jonc6157 2 жыл бұрын
Great vid.
@jitlv
@jitlv 2 жыл бұрын
Meanwhile, I’m only making $12.75 as a warehouse clerk 🥺
@nuterra9143
@nuterra9143 2 жыл бұрын
Invest in Crypto staking and high yield Crypto staking and you'll will making that amount in 1 to 2 years.
@acevisionaire8621
@acevisionaire8621 2 жыл бұрын
"Building money/wealth overtime takes time" His level of patience and persistence! His parents are truly blessed to have children that value them and themselves!
@Eradicationist
@Eradicationist 2 жыл бұрын
not when it all was given to you.
@noncog1
@noncog1 2 жыл бұрын
"It takes time" says the 25yo...
@pianofry1138
@pianofry1138 2 жыл бұрын
Yeah it takes time but if you're parents do it for you it takes far less time.
@adventurefaps9571
@adventurefaps9571 2 жыл бұрын
Yeah easy to build wealth when born to wealthy parents. Dude was born with a silver spoon up his a--
@yeshuaislord6880
@yeshuaislord6880 Жыл бұрын
Haha I see what you did there, well played
@faranocks
@faranocks 2 жыл бұрын
"Man he makes so much money - so smart so smart"
@WinS392
@WinS392 2 ай бұрын
regarding the Tesla, I liked how he seems to still feel gratitude for being able to get that. usually people buy an expensive car and just get used to it and barely notice how nice it is anymore.
@seanhaynes871
@seanhaynes871 2 жыл бұрын
Great commentary by Mr O’Leary
@waikitlam4944
@waikitlam4944 2 жыл бұрын
He was my classmate in communnity college. He has been ambitious and I am glad he is on the right track..
@aleynakurd4053
@aleynakurd4053 2 жыл бұрын
really?! what did he major in or what classes was he taking, also how did he get free classes at berkeley
@waikitlam4944
@waikitlam4944 2 жыл бұрын
@@aleynakurd4053 I belive he is in econ if my memory is correct. I dont know what else he took but we were both in econ2…I This video doesnt say he took free classes at Berkeley, but instead he took some classes at high school that can be transfered to Berkeley so he can save some money…
@kezhang3151
@kezhang3151 2 жыл бұрын
This young gentleman is definitely smart with his money. But to be honest,if I'm not mistaken, his dad is a physician, and mom is business owner ? I'd say even though they went through 2008 crash , his family still had a pretty profolio/foundation for him. That's why he is able to do those things quickly.
@alfredking7442
@alfredking7442 5 ай бұрын
My point too sir
@cutieprincess431
@cutieprincess431 2 жыл бұрын
Wow. Excellent young man. And really cool watching Kevin say it’s perfect.
@zerohero8756
@zerohero8756 2 жыл бұрын
Patience. Well said.
@marketbeans
@marketbeans 2 жыл бұрын
I think he got a 100% because not on,y impressed Mr wonderful’s brain but with the family values touched his heart too… rare combo well done Sahil 👏👏👏👏 wish you good vibes and success 🎉
@DearTech
@DearTech 2 жыл бұрын
The best thing about this guy is that he's not just into saving every freakin' penny he's enjoying his life and still be able to pull of half of his income as saving, that's what makes it impressive. Yes, absolutely he seems to be having great family value. As a 18 yr old i have picked up some really good knowledge by his side and ofcourse from you Kevin.
@ApexTrading
@ApexTrading 2 жыл бұрын
@@GossAug yeah I was gonna say saving half is not impressive, that’s easy when you make 300k+ and aren’t obsessed with buying new fashion and cars every month
@Aaron_R
@Aaron_R 2 жыл бұрын
@@GossAug In Bay Area, I'd make that about 200k a year to live off - 200k to save - 100k for taxes. Bay Area is one of the most expensive places to live in the world. Rent in SF is 3,000 a month for a 1 bedroom. I think Bay Area is more expensive than NYC (In my opinion).
@agathachris9722
@agathachris9722 2 жыл бұрын
That's because he has the money to do so.
@ngominh7987
@ngominh7987 2 жыл бұрын
he doesn't make "coffee at home"
@SpeedYellow
@SpeedYellow 2 жыл бұрын
He’s single so he can splurge. With wife and kids the budget quickly spiral upwards: 1. another car (for me I got my wife a better and more reliable SUV) 2. 4x the phone bill 3. 4x travel budget Still comfortable, but not care free. However youth is on his side so he can make much more by the time he has his own family.
@fangdynasty
@fangdynasty 2 жыл бұрын
I really love these
@LadyKaydabs
@LadyKaydabs 2 жыл бұрын
This is awesome!
@IsaacandAndrea
@IsaacandAndrea 2 жыл бұрын
Mr. Wonderful added a lot of value to this video!
@yashk4051
@yashk4051 2 жыл бұрын
you stop putting your wife out open for views
@jakew4572
@jakew4572 2 жыл бұрын
@@yashk4051 😂😂
@jacksonv335
@jacksonv335 2 жыл бұрын
@@yashk4051 lol
@harshjain3122
@harshjain3122 2 жыл бұрын
@@yashk4051 well you see, they emigrated from tiktok lmao
@dringled7046
@dringled7046 2 жыл бұрын
Was this shot on a sony in 8-bit? The colour cast on his face is brutal. ** I'm guessing it's shot in 1080 as well? With 8 bit the higher bitrate of 4k is a must, even with 1080p delivery. Looks like someone maybe tried to fix the colour and made it worse....lol
@helensteve2817
@helensteve2817 2 жыл бұрын
Thanks for this educative video. You all have to know that Growth is hard, but you have got to choose what you want for your life! Rather be stuck in the same place for years. Meet Maria Martinez. for your investment growth.
@janemunsey9753
@janemunsey9753 2 жыл бұрын
Feels so good to also see one here who also knows about Ms Maria's investment. My life changed for good after my lnvestment with her!!!.
@gurametsadashvili1888
@gurametsadashvili1888 2 жыл бұрын
I have tried lots of traders but non is as genuine as Maria Martinez, though I was skeptical but still gave her a try of $500 and got a profit of $7,500 in 5days I'm so grateful🙏.
@helensteve2817
@helensteve2817 2 жыл бұрын
She’s available on telegram with the below username
@helensteve2817
@helensteve2817 2 жыл бұрын
@maria_martt
@AvinashPathakVlogs
@AvinashPathakVlogs 2 жыл бұрын
Earn & Learn...... & family & business always a best combo
@arshaunstocktradingchannel2445
@arshaunstocktradingchannel2445 2 жыл бұрын
happy new year 2022 and all the best !!
@yoddy0
@yoddy0 2 жыл бұрын
The guy has it going on. I aspire to be in such a good position as I grow older myself.
@Stierenkloot
@Stierenkloot 2 жыл бұрын
Well then just be born rich like the person in question.
@pcmasterrace4002
@pcmasterrace4002 2 жыл бұрын
Man, I'm barely making $2000 monthly in real estate sales commisions while this guy's making $20,000+ per month, crazy 🤯🤯
@kdavid123186
@kdavid123186 2 жыл бұрын
Hey man when I was car salesman I was making 100k a year. I hope you find better career if you can only do 2k a month in real estate, specially in all time high prices
@17teacmrocks
@17teacmrocks 2 жыл бұрын
I just looked up Golden Gate Sotheby's. They sell 8-9 figure properties. On a $100M prop, even 0.01% commission = $10k. I didn't know exec asst get commission on sales. Either he's also an agent bringing in clients or there's some special deal going on
@samuela6271
@samuela6271 2 жыл бұрын
Hes making more like $43k/month... 🤔
@pcmasterrace4002
@pcmasterrace4002 2 жыл бұрын
@@samuela6271 oh yeah, my bad haha
@samuela6271
@samuela6271 2 жыл бұрын
@@pcmasterrace4002 I just noticed even O'leary seemed to miss that... and that he's only putting 3% into a 401k... but with that sort of income, having a spare $20k per month must be hard! lol
@taylorsmall2280
@taylorsmall2280 2 жыл бұрын
11 out of 10 emotional maturity; execution 11 out of 10 💚💎🏆💚💎🏆
@jalen2231
@jalen2231 2 жыл бұрын
There's gotta be a large amount of inheritance involved here. I turned my stimulus checks into 10 grand investing it. The more money you are given, the easier it is.
@HappyHappyPanda88
@HappyHappyPanda88 2 жыл бұрын
if his employer is giving him 1-2% for each real estate sold, thats a lot of money earned. He Doesn't need inheritance.
@granvisirdelben
@granvisirdelben 2 жыл бұрын
I dont make as much as a couple thousand dollars a month, but I can despill this greenscreen better than CNBC for sure.
@fitybux4664
@fitybux4664 2 жыл бұрын
It makes Mr. Wonderful look like a robot or a scary alien. I see no problem here. 😀
@gossipopithecus
@gossipopithecus 2 жыл бұрын
10:20 Mr O'Leary almost in tears when hearing that Sahil is going to buy the house for his parents.
@brimmed
@brimmed 2 жыл бұрын
did mr wonderful say buying the best/most expensive car you can afford is the best way to go? i feel like everyone always says to buy second hand and get a car that's reliable. i drive my hand me down civic lol. will prob get a model 3 or something when the solid state batteries are around
@theaveragemegaguy
@theaveragemegaguy 2 жыл бұрын
Yes he did say that and I think that’s a good way to go about it. It’s better to buy one pair of really good jeans that’ll last you years then having to buy multiple jeans because cheap ones ripped. Same principle applies to anything. One good coat/car/computer/backpack that’ll last years is better than multiple ones in those same years because cheaper can sometimes equal lower quality. You’re investing in yourself that way. Nothing wrong with second hand stuff but once you can afford good stuff I’d say go for it so you only need to buy it once.
@eneco3965
@eneco3965 2 жыл бұрын
@@theaveragemegaguy Expensive doesn't necessarily mean good quality though
@theaveragemegaguy
@theaveragemegaguy 2 жыл бұрын
@@eneco3965 more often than not it does though, that’s why it’s expensive.
@nick_0
@nick_0 2 жыл бұрын
@@eneco3965 it usually does though
@chantalreneehayles7976
@chantalreneehayles7976 2 жыл бұрын
this is good advice if you can reasonably afford it. buy the best in relation to your disposable income/situation.
@raphaeldouglas9361
@raphaeldouglas9361 2 жыл бұрын
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.
@tianalucas8147
@tianalucas8147 2 жыл бұрын
Yeah! I agree with you sir.If you want to be successful have the mindset of the rich, spend less and invest More. Don't give up your dreams.
@juliagoncalves4082
@juliagoncalves4082 2 жыл бұрын
@@tianalucas8147 People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now.
@sabrinaslime4493
@sabrinaslime4493 2 жыл бұрын
@@juliagoncalves4082 That's very correct And that is why most of them end up losing they money don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before I n v e s t I n g. Learn and get the knowledge first before investing..
@sabrinaslime4493
@sabrinaslime4493 2 жыл бұрын
People wants to do what the 99% does but wants to get results that are fit for the 1%, but it doesn't work that way
@JuanVillegas.
@JuanVillegas. 2 жыл бұрын
@@sabrinaslime4493 Investment is the quickest path to financial freedom, the rich stays rich by spending like the poor yet investing! While the poor stays poor by spending like the rich yet not investing.
@amansethi1281
@amansethi1281 4 ай бұрын
Even the tough Mr. Wonderful seems to be getting emotional and tearing up a little at the mention of the guy taking care of his parents and helping them retire!
@tf2368
@tf2368 4 ай бұрын
Mr Wonderful Grifter
@bogdandykyy3969
@bogdandykyy3969 2 жыл бұрын
Someone has gotten new camera. Video quality is amazing now, thanks Mr. Wonderful.
@tmovie9580
@tmovie9580 2 жыл бұрын
Thank you sir
@jacoblee8181
@jacoblee8181 2 жыл бұрын
I thought the title said that he spent $515k a year instead of making $515k lol. Turns out he is a smart dude and I’m sure he will be the next kev
@sahilsaiyed8508
@sahilsaiyed8508 2 жыл бұрын
Kevin we as Indian's have learned the hard way since our childhood it's in our core we can pull out of any situation we are taught like that.
@paulnelson1192
@paulnelson1192 2 жыл бұрын
Making money is the plan and with Bitcoin Investment your Plans can be fulfilled.
@carlosdelacruz7298
@carlosdelacruz7298 2 жыл бұрын
*I'm making a whole lot of profit off trading stock at the same time, I'd like to invest in forex and Bitcoin as I heard it's really happening now.*
@marthaedward4987
@marthaedward4987 2 жыл бұрын
@@carlosdelacruz7298 *that's true, a lot of people today have been having a ton of disappointments in forex and crypto trading in light of helpless decisions awful specialists.*
@markbryanmatias5614
@markbryanmatias5614 2 жыл бұрын
Actually you got a good fact, but am so much in need of an expert that can help me handle my account.
@sergeygevorkiaslanyan779
@sergeygevorkiaslanyan779 2 жыл бұрын
@@markbryanmatias5614 there are lots of good experts out there but most offer little ROI's. I will advise trading with Mr Nicholas Burke-Gaffney's team as I make over $35,000 on average per month from their trading bots.
@solomonwilliam5146
@solomonwilliam5146 2 жыл бұрын
Forex trading has left me no choice but to keep investing cause it's makes me profits that even myself gets shocked, I keep earning not less than $37,000 weekly.
@kellyphillips3414
@kellyphillips3414 2 жыл бұрын
Love this!! Thanks Kevin :)
@IndyStry
@IndyStry 2 жыл бұрын
Yupp, momma taught me right :) "Buy nice, not twice."
@Paladin_Zero
@Paladin_Zero 2 жыл бұрын
515k a year? bruh makes 10x what I make If I was making 515k a year I'd be blessed you can do a lot with that kinda of money
@foxsinofgreed223
@foxsinofgreed223 2 жыл бұрын
@@drewskeez1156 relax
@UnsaltedCashew38
@UnsaltedCashew38 2 жыл бұрын
I'm open to ideas, what can you do with that kinda money? (other than put it in stocks)
@bobjohnson6131
@bobjohnson6131 2 жыл бұрын
i grew up poor and though i could've made more smart investments, I was able to buy a house. Just don't be stuck working a deadend job at walmart. There's so many better opportunities
@mauraronda1265
@mauraronda1265 2 жыл бұрын
God continue to bless this young man!
@nishachor
@nishachor 2 жыл бұрын
Really impressive, both the rich young guy Sahil and Kevin O'Leary!
@johanvanwambeke723
@johanvanwambeke723 2 жыл бұрын
This guy is eating well 2 frames later he's at the pizza place :D
@vince7735
@vince7735 2 жыл бұрын
The editors have a sense of humour!!!
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Рет қаралды 681 М.
ДЕНЬ РОЖДЕНИЯ БАБУШКИ #shorts
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Паша Осадчий
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