PKA Patron LOSES $375,000 Dollars

[@PKAClips]

What do you think he should do? SUPPORT PKA! • PATREON: www.Patreon.com/PKA • PKA PODCAST CLIPS: kzbin.info • PKA 637 PODCAST CLIPS: kzbin.info/aero/PL3TI5YrC9y_3UU-VOYku05e9pVwZh-DfW • FULL PKA 637 PODCAST: kzbin.info/www/bejne/bpqWnZSoqpWjY80

[@Nameonly67]

Rip grandparents and all that money that they worked hard for just to be pissed away and lied about... classy

[@WizGallorado]

Sometimes I get scared about my little 20k of student debt then I hear stories like this and realize my life isnt so bad.

[@bigballmagrawl0929]

Facts

[@leombayard]

This guy still has more money than you though...

[@smiley4995]

20k in debt vs over 100k surplus after making a mistake.... idk dude

[@WizGallorado]

@@leombayard im investing in myself to have a better career. This guy just sucks with money.

[@TeamKP1]

I can tell you just read the title this guy is up

[@emwhyte]

He is probably a trustee who gained access to his trust account at 18. I have met & grew up with a few guys like him. Best wishes, remember you still have $100k & can turn this around.

[@chrisbato2093]

Well written trusts have fiduciary committees and don't allow access until your 30. Badly written trust if that was the case.

[@BlackHawk2901]

As a financial planner, this is genuinely saddening, but not uncommon at all.

[@iambevins8373]

As a regular person, it's pretty funny

[@deftestaphid2026]

It's not saddening when a idiot blows all his money. I feel bad for whoever left him that money.

[@donkontilt1]

@@deftestaphid2026 depends though. My wife’s uncle gave her 10 grand one time unexpectedly. He said the only thing is she had to spend it. Made her promise not to put it into savings, but that she had to spend it and spend it on something fun. That being said we weren’t in major debt or anything, but sometimes money left to someone or given us for their joy and not for their security. Just playin devils advocate.

[@dennisgonzalez4562]

@@donkontilt1 different situation guy was lying and just buying up things.

[@kevinwalter4078]

I'm over here making 50k a year and I'm in 25k debt and basically living paycheck to paycheck, and these stories of people just like "oh yeah, I blew hundreds of thousands on hookers and blow" kinda make me sick.

[@GrimRealityGroup]

Yup but imagine what it must feel like to have lost a shit load of money doing dumb shit, knowing later on in life you could have been set for life and still been able to do some of the dumb shit if you'd known better from the get go. That's worse I'd say and in this case its better to not have it then to have had it and lost it. I'd much rather be living paycheck to paycheck then live with the fact I ruined the only chance I'll ever have to be wealthy.

[@TheGrowlingAraknid]

Does it ever feel "off" knowing you fundamentally despise when others prosper and find comfort in their misery?

[@auscaliber1]

@@TheGrowlingAraknid yes, because "kinda make me sick" is comfort. great projecting skills, poor reading comprehension skills.

[@TheGrowlingAraknid]

@@auscaliber1 nice ability to interpret implicit premise.

[@user-fy8qq5cm6y]

You know u don’t have to make 50k a year for ur whole life right

[@HipixOFFICIAL]

Man, I thought that said the PKA Patreon lost 375,000 dollars. I was about to throw a party.

[@Dr.Gainzzz]

That wouldn’t even be a huge loss for woody his net worth is actually kind of staggering

[@NicCat420]

@@Dr.Gainzzz he would lose his shit if he lost that much

[@HipixOFFICIAL]

@@Dr.Gainzzz Doubt it. Even $100 is a huge loss to him. His eyebrows would be going interstellar if he ever lost 375k.

[@RoflCopter726]

I thought I had read it that way too.

[@crmac135]

@@Dr.Gainzzz tell us you simp for woody without telling us

[@DanceTranced]

Woody is able to Larp as a provider of practical advice and wisdom for way longer than the other two. I'm gonna promote him to dad and I'm not sure I want two dads right now so Talyor will have to be an uncle or something but thats cool. If anything hes prob more fun as an uncle anyway.

[@ocoolwow]

Much more fun 😉

[@Shin_Akumi]

U could demote ya dad to manager or something and keep woody as store manager xD

[@ronnielaw3535]

“If you can’t pay we’ll take it away” 😂😂

[@ronnielaw3535]

14:00

[@Talpiot8200]

I remember in high school my best friend and his 2 brothers all had million dollar trusts set up by their dad who owned an insurance company but had a terrible proclivity for gold diggers. When he left and sold the company his partners sued so he moved all their trusts and investments under his new wife’s name and she made like 5 million dollars disappear like it was nothingggg. He now lives in a condo by the beach alone and his kids live by the skin of their teeth. Sad story

[@TheGrowlingAraknid]

At least he has a condo. I wish I could be a loser that gains a condo from every loss

[@บางสิ่งบางอย่างที่ลึกซึ้ง]

17:24 damn, I am smoking atm and this moment with Taylor is just so trippy to watch

[@antreastoumazou2736]

"I know where 300k went to", that's a finnster joke right?

[@johnf419]

yeah it went over their heads lol

[@ryanhutchinsen]

His parents aren't stupid. They know he's already blown a significant chunk of it, if not all, so coming clean might not be such a big deal anyways.

[@GrimRealityGroup]

The sad part is there's typically 3 types of people I've met with lump sums of money. the first one blows the money and goes broke very quickly and has nothing to show for it afterwards other then interesting stories (by far the most common). The second one has the money, never spends a single dime on anything, including investments with little risk, and ends up dying not having used the money. The third type is the type that makes the money work for them and they are financially set because they made really solid decisions with the money. The third type is by far the rarest and its pretty shitty.

[@ChillWithRiley]

Good time to invest in defense contractors if the OP is reading lol

[@ChillWithRiley]

Maybe Eastern European construction companies

[@johngoldsworthy7135]

Also private security companies

[@DoggoWillink]

I’d say it’s a little late. Lockheed for example in 2021? Oh yes, but a lot of those big moves were made already. I mean, if things get even worse in the world then maybe.

[@aidanwolff3213]

@@johngoldsworthy7135why do you think this? Not disagreeing just curious

[@TheGrowlingAraknid]

Should've gotten lockheed, GD, and texas instruments when they, among other stocks, were stupid cheap in 2020 due to the market crash. On top of Pxd and other oil stocks being STUPID cheap due to the value of a barrel of oil somehow reaching negative for like eight months. $600-1050 Unemployment, PPP loans that forgave up to $108,500 *provided that your paperwork was in order* . Man that was such an opportunity that's not coming again anytime soon. Especially Not with Biden singlehandly wrecking every Win Donald got that was visibly helping everyone's bank account. I can't believe how much harder my life became after one election.

[@shmurdrr9234]

I'm native american my tribe doesn't have any money to give to our members but a neighboring tribe by the time a tribal member turns 18 they have around a $700,000 account waiting for them because they have a huge casino in the city. Knew a few of them who spent money like this patreon when they got that money and lived quarterly tribal paycheck to paycheck after they burned thru it. That was the amount they used to have but the time they turned 18 that was over 15 years ago they probably have bigger accounts when they turn 18 these days.

[@jesseleon4501]

I didn’t know Alex murdaugh was a PKA fan.

[@TheRealTroubleShooter]

That 500k would've been close to $40 million in a good investment account where the money, on average, doubles every 7yrs. So it wasnt just a 350k mistake he made... it's more like a potential $35 million mistake

[@Jmack7861]

I’d love to have $175k, just having $20k seperation pay and $3k a month disability from the army was life changing for me, i can’t imagine having that much haha

[@kendigjl]

Anyone who's good at math can take $175k at age 18 and buy 2 shitty houses in a largish town (if you're a dude who isn't scared of living in places that are low income), rent one out, and work a job somewhere at the same time. Invest every free nickle in making sure the houses are problem free, and also buy investments that you believe in. Don't have any kids. In 10 years you'll be doing great. You'll be 28. Sell your shitty houses and move somewhere decent and start a real life with your home paid for and hopefully 10 years worth of investment money to start paying you dividends while you go to school or raise a family.

[@MatthewOnAMissionFromGod]

When I got a problem I'm asking Kyle what to do

[@speakerroach4015]

His advice will be spend it on lady boys

[@nfaisnfgay]

@@speakerroach4015 already done, now what do I do with the STD’s?

[@KinoDerTotenTrain]

@@nfaisnfgay spread them

[@nfaisnfgay]

@@KinoDerTotenTrain Way ahead of you. Starting my bug chasing saga now

[@Dr.Gainzzz]

This sounds like a lie. I don’t understand how you spend almost 400k on a new car rent and a vacation something is not adding up there did he take the most expensive vacation in the world? And it sounds like he spent the money slowly so if it is real he is kind of a pos how could you possibly spend that much?

[@chase4792]

a new car and vacation adds up to maybe 100k max unless he bought a rolls royce

[@WizGallorado]

I bet there a lot of details he left out.

[@stdcall]

hundreds of hookers, maybe thousands.

[@zachhall624]

Car and vacation doesn't add up to 350k

[@AquaStockYT]

Wow I thought pissing away 40,000 over 3 years was bad

[@matthewr8294]

Lol Kyle is fucking comedy

[@chrishince8947]

He just invest the rest of his money in NFTs!

[@Shin_Akumi]

Hey bro, i think u should just keep doing ur job. I discovered pka because of u. Maybe pka should pay you or something. Clip channels actually rule🤙🏽🇦🇺

[@markvann9347]

I met a dude who won 10 million dollars in the lottery, got about 6 million after taxes when he took a cash lump sum. Guy was broke in 3 years... He literally said he blew his money on cocaine and whores and cars that he crashed. Guy lives in a single wide trailer now on 2 acres his mom left him. I see the same fate for this guy...

[@havelpants5248]

The one time woody goes full red pill and gives honest good advice nobody can argue with.. everyone shuts him down 😅

[@RobbieRoach-u7l]

A problem i wish i had

[@TheNeoSabre0]

Its your money, do what you want

[@ПавелСкобарёв]

375 thousand, that was hellavatrip, never mention it except psychologyst, or group terapy, sometimes they are able to prepare family for it.

[@dennisgonzalez4562]

This is the one time I agree with woody. I almost can’t believe it.

[@Stumme-40203]

Andrew Tate: “give me $50 and I will teach you how to make money from suckers.

[@aidantawney4776]

the truth of the matter is if you never add another dollar to your account you will have a million in 30 years, thats assuming less then average performance for the stock market. Were mistakes made, yes, but ultimately you are in a lot better place then most people who are in their lower 20s

[@mikeschwartz1764]

It's 10 percent average over the last 100 years in the s&p500. That includes the depression. That's annual and exponential.

[@zacharybeck6275]

As the only voice of True Honesty in the convo, I support Woody on this one 🤘🤠🧡

[@mg9138]

I've never had more money in bank account than when I got my less than a grand two week pay check and stimulus check the same week. Cannot relate

[@ethanpeeples6187]

Damn bro get a new job

[@mg9138]

@@ethanpeeples6187 no.

[@frostedminibutss7059]

Dude should be honest but not tell them how much he lost. Say look I was making good investments but they were high risk high reward and with the current market I lost a lot of money. I'm not in financial trouble but I did loose a lot. I'm putting the rest of the money I have left in long term investments that I will be penalized for taking some out. And then leave it there. Edit: He should be honest that he lost a good portion of the money.

[@jamesgenius101]

“Dude should be honest” - subsequently explains an elaborate lie to deceive his parents

[@frostedminibutss7059]

@James Leddin yeah you right. I meant honest in that he lost a good portion of the money but then show he has learned someway by putting the rest in a long term long risk investment. I worded that extremely poorly

[@america-san]

Did they count up the 50 bucks a month he was losing to be in the pka hangout.....

[@bill2fast143]

His parents asked for money because they know he's blowing it it was a test and the only thing is they are gunna be disappointed and the spoiled baby is to sensitive to handle that

[@jdfrth4119]

If this guy would have invested properly he could have been making around 2 grand a month takehome. He dropped the ball. I hope this is a mistake he learned from.

[@TheMr69roadrunner]

Have to agree with woody. Just because it’s your money doesn’t mean you can’t take some advice.. especially if you didn’t make the money on your own. Advice is almost always needed in this guys case.

[@Afflictamine]

I swear youtube shadowbanned you guys or something, haven't seen any vids for ages

[@eddydalton4959]

woody is so fucking sure of his beta "come clean" way is the best option, even though both of kyles options would for sure work.

[@Nameonly67]

Nice job being biggest peice of shit of the year 👏 nice morals

[@eddydalton4959]

@@Nameonly67 hell fuckin yeah dude, you sure are good at your job of being the arbiter of strangers on the internet, and their character along with their morals. I bet the next thing you are going to try telling me is that you are smart enough to know what sarcasm is too.

[@powerlifting1012]

A true sigma always doubles or triples down before any other option is even considered

[@eddydalton4959]

@@powerlifting1012 ACCKTCHUALLY I'm pretty sure you have it wrong. The only thing that can be doubled down is a sandwich from KFC I thought? 🤣🤣

[@connorwhite6722]

Everyone agreed hes a piece of shit so Kyle's advice to lie to those close to you works great but if you have a conscience woody is right

[@JoeKyser]

I had a girlfriend that did this. I didn't know her financial status. I assumed at some point ahe just haf a ton of money and was making more. Here she was just blowing. We had some real good times but heck it wasn't worth it for her. Poor girl 😂

[@ASwagPecan]

Kyle’s a sociopath of course he only pushes lies

[@jakesweet1000]

maybe he should stop wasting money on patron

[@racingbeats1493]

Completely agree with woody here somehow. I personally wouldn't shut my mom out from any finacial help that she needed while I sit on 500k that I didn't earn and have been pissing away for years. I think these two must have poor relationships with their parents.

[@bradleye660]

Yup, you can tell both Kyle & Jericho had shitty parents or at the least a rough relationship with them. I would 100% help my mom and dad out if I got $500k.

[@miku_skins]

I think one of JCS's videos is on your boy.. he spent it all on a Bulgaria cam girl and killed his family.

[@dallebull]

I bet the grandparents would want the money to go to the family if it's in need and not cars/vacations. I'd lend my parents money in a heartbeat if they need it, blood is thicker than money.

[@ChiTownOriginator]

The worst part about this is that this guy pays for PKA. It's even worse than asking them for advice.

[@densidste9137]

SPICY

[@fredjackson8408]

Jericho i think i stole your runescape account 🙈 i got a couple kids at my school like that.

[@jacass1020]

I hope bankers life is helpful my dad needs it, tell me about it ?

[@sestorm2159]

The truth will always catch up. I think that the crypto thing is the best lie

[@handthing9709]

Is spending 200 a month on weed bad....

[@bradleye660]

Honestly if it makes you happy, not really.

[@MlSTERSANDMAN]

definitely lie. wtf. do not tell the truth

[@gerryilu851]

Just say you invested in crypto before the crash and now it's all gone.

[@poppinboppin7250]

Woody got sold down the river of “The truth will set you free” sounds exactly like the advice a fucking Cisco admin would give. 4:30

[@megamanx7157]

6:15 not woody throwing a fit because someone interrupted him :(

[@mytzyxptlyx]

Of course Kyle chooses the lie. He's been lying abt his sexuality for years.

[@AquaStockYT]

Oh yeah because telling your parents it runs in the family definitely works and doesn't just make them think you're just absolving yourself of every responsibility Woody.

[@patrickstar4132]

Everyone on pka expect maybe Taylor is a horrible person so im extremely happy this happened and I hope they never recover.

[@Jack-vb4qy]

bro didn’t watch the video

[@patrickstar4132]

@Jack-vb4qy ik that didnt happen but can you seriously tell me woody and kyle are good people?

[@bazglsgw1208]

Haha they didnt lose a coin. Maybe watch the vid b4 commenting in future.

[@bradleye660]

I would just tell my parents. I mean the big factor here is we don’t know what kind of relationship this guy has with his parents, but if they were good to him he needs to tell them. I personally had great parents so I would help them out financially if I was sitting on $500k.