Rich People VS. Poor People

[@ttsupra87]

What I appreciate the most about this channel is stuff like this. Rudy is super smart with money but it's not like watching a finance channel when you're trying to learn. He is just a giant kid and he knows his audience. He tries to keep it light and jokes while slipping in crucial concepts. Thank you rudy. Been here for a while now and still as good as when I started

[@splugereport]

In what way is this guy super smart? He's been complaining about Hasbro ever since it's been a challenge to make money. 😂

[@MetalBum]

BUT... He would only end up with about 140k at most after the 8% sales costs or more, plus the 20% taxes+. It would be like losing 5 years of 'interest' ... You didn’t consider 8% sales costs. As well as paying 20% taxes when you sell. Plus state taxes.

[@alexandriawescott9600]

This was why I subscribed so many years ago. That and the horrible jokes!

[@brendonford3838]

You know this post made me realize how much I appreciate Rudy’s consistency

[@GoT_17k]

I will stop buying sealed product with 2023 Topps Update ( baseball cards vs mtg I know ) I stopped buying mtg sealed product after Dominaria. So in a few months I will no longer be adding to any sealed product ... just gonna hold

[@smth3k]

It's so hard to take Rudy seriously without the pink visor.

[@powerlifting1012]

I ONLY take financial advice from trusted sources usually hairy bears with pink visors.

[@AZNCIess]

Rumour has it rudy's stepped on the visor and is missing out on views because of it.

[@myeviljewels6539]

Gabe over on SNEEP stole it from him for his Monday Market Update Videos

[@corym1309]

That's how you can tell this was AI

[@MELOVISIONHD]

Bruh he said he's 39 and bought his first house in 2005.... 18 years ago he'd be 21..... his entire story is bs.... very well spoken well read guy , but either you're a trust fund baby or just completely lying about everything

[@jess_o]

I always love these long money talks, thanks Rudy

[@koengrootelaar6847]

Me too

[@GutsyDavid]

Can you do a complete beginner financial video? And a "How would Rudy start now in 2023?". Awesome videos!

[@kingkamek]

I would love to hear what Rudy has to say about this!

[@gabrielb4494]

I believe there is a beginner financial video from years ago but it's labeled in traditional Rudy fashion so I can't remember what it's called. The financial videos have been super helpful and I use a lot of his advice to this day

[@leorio23]

yes please, an update from the initial videos years ago but more beard attach

[@giocommentary]

i'd say if you want to start in 2023 you should use the upcoming new TCG's to turn a profit. Lorcana, one piece, flesh and blood. are currently all great investments.

[@tweedle634]

How to start in 2023? Go to church and pray that God exists LOL

[@scriptkiddie100]

My friend, I’m here just for these long talks about money and i love every single minute of it. I wish you were to share your insights more frequently, you’re great at explaining difficult concepts for noobs. All the best to you and your family.

[@mastermclovin0]

Honestly aftwe watching the entire video to the end, more and more I would love it if you deep dived more into these topics and got more into the nitty gritty. You'd be an amazing teacher. I know the time aspect is a rough one, but a boy can dream lol

[@lefthandedghost]

God please be Pink Visor time

[@hanss.5291]

^THIS!

[@Barf_FaB]

He should have worn 2. He owes us one from the last time.

[@aji3sales777]

Yeah, this is BS. The visor is the best part😂

[@KrepsyK]

Finally another white board video. This is probably my favorite style of video from you Rudy. I know they arent really popular, but knowledge is often tossed aside by people who only like drama.

[@Jon-Jon309]

Damn what a masterpiece. Even brought it all back around to MTG

[@PaoloBonacina]

I have to hank you Rudy for what you do. I'm not an investor. I'm just a player that would like to see prices driven into the ground so I can finally afford a Craterhoof for my elves. But Magic has the player, the collector and the investor sides to it, so It's really useful to have someone explain how the system works behind the scenes if you don't fit in all the three categories.

[@ginomontiero1743]

Thanks!

[@Psygriffio]

Rudy's white board videos are always my favorite content. He really does an excellent job explaining both the concepts and dynamics in/around business, as much as trading cards.

[@pokedadsam9041]

19:54 real-estate hit new “soft bottoms” though as well. The area we bought in saw an increase of 250% over 3 years. It retraced 20% but then started moving up at ~2% per quarter. The houses that would qualify for an fha catapulted and settled at new lows.

[@OurVirtualTime]

In my mind you are still Uncle Rudy. A lot of families never have someone who talks about these topics and perspectives. Have been listening for about 6 years and am very grateful.

[@Beckola44]

Our group stopped buying sealed boxes after The Brothers War because Wizards had far too many price increases this year only to have Amazon Dumps later on in the year. Wizards have screwed over the distributors, the LGS, and the players. We our saving thousands of dollars by not falling for Wizards gimmicks and they overprint their products. Thank you for the video Rudy.

[@cryptomon86]

@@RazzleDazzle23 lmao

[@guillaumealain]

We both know that you're doing 10-minute videos very regularly because the YT algo incentivizes that. My favorite videos are always the longer videos (which I do watch until the end) with the war stories and the finance contents. I watch eagerly for the latter ones. Thanks!

[@BiggSkinny14]

Why is this is a better financial tutorial than any Dave Ramsey/Caleb Hammer/etc video I've seen? I guess this implies a certain level of financial literacy with interest rates but the explanation on how different types of debts and yields interact is genuinely great here.

[@mikeschotte9480]

I have zero interest in CCG stuff, but I love watching Rudy videos. These financial vids are pure gold- would love to see more. Wish they’d have taught us this stuff in school. Thanks, Rudy.

[@CoffeeVSInvesting]

I've been watching for years and have never even touched a magic card

[@mikeschotte9480]

@@CoffeeVSInvesting Same here!

[@callitbreeze3109]

"Compounding intrest is the 8th wonder of the world. He who understands it earns it. He who doesn't pays it"

[@rileyrichburg3319]

I love the cut your ear off and mail it to yourself🤣 gets me every time

[@MarkyMarkGiles]

thank you for taking the time to share your thoughts and going in depth with your logic.

[@jeremytorgersen]

Great analysis and breakdown comparisons, with some added humor! I found this via a thread on reddit discussing selling a house vs keeping it and someone recommended this video and channel. This has helped provide additional considerations and I think I have confirmed my original answer to sell and move to more risk free, time saving investments.

[@davescards32]

These are your best videos. I watch every second when you post them! Thank you for taking the time to make them!

[@GeorgieTheMagicMan]

Your breakdown of the taco index is always a treat to experience

[@BakaGrappler]

Thanks for the bundle of opinions, it was very informative. I won't go into the specifics, but my horizons have been expanded.

[@jaredlewin7619]

My favorite video you have put out recently and one of the best financial videos i have seen on KZbin

[@e.kazmirekwoodpurveyorfurn3943]

Watched to the very end. No need to leave any funny comments. My wife and I enjoy these finance videos tremendously. She does not share my Magic passion; she understands it; but she will watch these videos of yours!

[@kevinalfaro6531]

binging your content, Pokemon sure proved you wrong, for now. great overall advice. thanks

[@wwbodywork5582]

Never stop doing these Rudy! Its crazy to think how many life lessons I have learned from a guy that deals in cardboard.

[@tektoy8]

I’ve been waiting for this video! When Rudy started mentioning corporate debt last fall, and I started researching…..

[@kanoses]

You're opening my mind with this one. Didn't think enjoying Magic would do this to me. Thank you.

[@MarkFillmore]

Rudy at his best. Awesome video, but as you said, get this whiteboard to a location you can use it more!!!

[@D_WALK102]

well done my friend. I had been thinking of buying a rent house in the future, but this gave me some other things to chew on first

[@whatscrackintcg]

Great video!!! Hands down one of my favorites and you're spot on. Don't go ALL IN, but don't stop either!!

[@martintremblay6240]

Hey Rudy !!!! I'm giving you something funny :) I've watch it all. But more than this , I like the way you share you market experience and you do it with jokes and I like it. Since I'm canadian , I'm saying hi from your neighbour from the north XD

[@TheDarkElder]

Good video, Something-Funny Man. That topic really deserved the 44 minutes it took to get through some of the basic ideas of these financials. Appreciated, even if it doesn't entirely apply to me as non-US person, over here it is similar in some points to be comparable at least.

[@GhettoFabulousLorch]

These videos are the true value of this channel.

[@shiftyjedi3417]

16:59 Rudy: no matter how bad you think it is times that by ten. Damn, you’re being generous. Try 100x. What next you’re going to hand out free PS5’s in Times Square 😂

[@MrSpiderSpit]

This video was the perfect length to watch in its entirety while taking a dump and not have my legs go numb. Keep em coming, Rudy!

[@travisporter608]

I appreciate these longer form videos, about real money and larger long term investing. tyvm

[@elhefe19d]

If Rudy was my land lord I wonder if he'd accept sealed product as rent.

[@SkatePossy]

Oh he would.. at 60 percent off tcgplayer/ebay low

[@bennimonsta]

Sure at 40c on the dollar

[@NicholasOsella]

Lmaoo

[@fsmoura]

_"Only Revised Dual Lands with not too smoke-yellowed borders"_

[@Cosper79]

33:45 "...that's Timmy shit." Perhaps the greatest line ever utter in the history of the universe.

[@benjamincortina7755]

I haven't watched any Rudy videos for years... but a gut feeling tells me I need to watch this. Interesting point of view.

[@Suplexus]

😵‍💫 Cant tell if it’s the edible kicking in or Rudy’s camera flipping out 🧐

[@a1pha_star]

Relatable. 🤣

[@makkrowmazztikk7003]

Im joining the club.

[@Earthboundmike]

It's the camera rofl wow

[@Earthboundmike]

Thank god I usually listen without looking lol

[@markusbetts]

auto focus going crazy lol

[@MichaelSuperbacker]

Rudy, you should become a college business professor 👍

[@chrisfloto3599]

He would have to wear pants though

[@grymmgaming7035]

He wouldn't be able to contain himself. The halfwits playing make believe would run him off the campus.

[@RealBullbear]

@@chrisfloto3599digital classes? From his basement

[@fsmoura]

_Rudy A. Investments, PhD, head of the Cardboard Department_

[@bryans1000]

Love this analysis. Appreciate you for all that you do for the hobby!!!

[@LimDulm]

Crazy world Rudy, crazy world indeed. Still, this type of videos are the ones I enjoy the most. Hard, but honest opinions are hard to come by nowadays, and for that arre really apreciated. Thank You, and Kee it up!!

[@dropballbrenan]

Imagine having CNBC next to a dude in a black shirt with magic the gathering in the background . Who would we trust more with the correct financial advice . My goodness .. there is only one answer . You are fantastic . What a terrific channel

[@vt5323]

Fantastic video and hilariously this is one of the “choices” situations I’m in…thanks for the perspective.

[@InDefenseoftheGenre1022]

Thanks Rudy! Watched til the end and appreciate your thoughts.

[@1on1artschool]

Really fantastic video Rudy. I would kill to sit down with you and just chat about markets and finance. Cheers for this!

[@CGoody564]

Would you consider making some videos highlighting interesting things you've seen happen throughout the time you've spent following these markets and providing your insight in regards to what you believe happened/things of note that stood out to you (or didn't) at the time and in hindsight? Could be specific things/times/trends/events/observations within any particular market(s) you've been involved with or are at all familiar with, the overall economy in general, anything really. You have so much knowledge and familiarity on many related topics, and despite you sharing a lot with us already, I feel like we only get to see a very limited glimpse of your expertise in regards to a very particular market except when you treat us to something like this. Would love more of this

[@Ilovetobmx22]

45 min is light work. Keep it coming!

[@Bragaul]

I listened in while sorting and cataloguing some og kamigawa sets. I hear ya. We're renting out a place. Looking at better places where to put our money as well. The roughside is that in my market, tenants' rent wont cover the mortgage. I will be paying money to have someone else live there and I'm hoping to get value out of it at the end.

[@aflyingstarly5535]

Great video…where is the pink visor.

[@Stans_Cutlery_Universe]

Great video. I really enjoy your channel not only for the collector card game content but this type of content also. You have helped me look at finances in a different light which is good. Thank you, Live Long Prosper and Collect Your Own Way.

[@acollins789]

Still posting golden content in the dancing girls shorts era. Love to see it.

[@samumedi]

This is one of the best financial education videos I've ever seen on KZbin. Thanks for sharing your thought processes.

[@SieTeppischfresser]

They really are. Every time he does a pink visor video, I learn more than I ever did in my 30 years of life about money and the mindset of money and investing.

[@mrandmrsdoranski1801]

There is a lot of good info, but the fact that you paid off the house was always the issue( a cash out refi last year would have been the way to go)...rich people do not pay off the loan, they put down the least amount of 10-25% and use the tenants money to build equity. If you put down 50k on your 250k house and if you made 10k, that would be a 20% return.

[@andzelly]

**** you rudy, appreciate your videos. I wish i found this channel years ago

[@chrismurphy3124]

In Australia we used to have 3 distributors selling mtg products to stores, 2 of them have stopped selling it as of 2023, the last one standing is currently having large sales on their mtg range., booster boxes for $75au or $50us.

[@deltablaze77]

As a guy approaching his mid-30s, these kinds of Rudy videos feel like intro videos to being an adult.

[@streethalo5160]

Watched the entire video in 2x speed, I believe this to be the true speed in which Rudy's brain operates. Sick.

[@ih8people]

Recently I finally got into Flesh and Blood, mostly because of you. What a fun game, very tense and engaging 1v1 experience that Wizards have kind of ruined with too much focus on supporting the player-created multiplayer format. Thank you for believing in the game and essentially funding the first print runs. Here's something funny below: 21000 divided by 17 is roughly 1230, not 900 :)

[@realjuanruocco]

This are the videos that make me love your channel Rudy. It's feels like talking with an lont time friend. Keep it up, men. You're awsome.

[@vaderwashere365]

TL/DR: Even after all of his analysis, the home (8% return = $20K) is a better investment than his corporate bonds (7% = $17.5K pretax) with his very conservative numbers (appreciation around us is 7% average over past 20 year vs his 4% Florida average). Be diversified for sure, but the rental property is the better option with all else equal. Rudy's opportunity cost is $2.5K per month to save maybe a day or two of work a year. Maybe worth it for him, but not the average small rental property owner. It really depends on where the property is. Florida is high risk and a lot of areas - especially around Rudy - are kind of undesirable (thus the $250K - we are assuming after fees and taxes). In a desirable location, you have to factor in average appreciation as well. For desirable areas it is 5-10% a year (averaged over 20 years) in addition to your rental income, but I understand the Florida average is probably far less, and even negative in some areas. So yes, you are making maybe 5-6% on the rental income, but you are at least doubling that with appreciation that can be borrowed against - a real asset. This is actually why large companies and individuals with cash are still buying up property and homes - at least in my area... it is one of the biggest hurdles to home ownership for the average person and it would be great if the wealthy weren't allowed to hoard scarce necessities like food and shelter. Honestly, the time to prep and sell a house and go through the closing process is equivalent to 2-3 rental turnovers. Also, if you are not an apartment and not a corporate landlord, your turnover is far less frequent than 2.5 years. Rudy even said this property only had 3 renters total. We have only had 4 renters over our 17 years of renting our home. We have had to organize maintenance during turnover or repairs and had to clean 4 times to get that extra 1-3% return every year. We haven't had to replace the roof (30 year roof is standard here) or A/C (not in Florida) in that time and maintenance is only a couple hundred dollars for A/C & heating. I agree with taking some money out for maintenance ($1K a year), but turnover is much lower and we have never had a vacancy for more than 2 weeks (cleanup and move in the next). Finally, housing has much more scarcity than CDs or bonds and it is a necessity. Housing is extremely in demand in many areas and is almost as sure as an investment as a bond - at least over the past 40 years.

[@Macleod1991]

Brokenomics by the Lotus Eater goes over this kind of stuff pretty in-depth

[@xjamiec]

Dan!

[@bchosen215]

I know you probably don’t care because YT doesn’t seem to be a legitimate revenue stream for you in the grand scheme of things, but I think you could make a wildly successful YT channel just focusing on finance. Pretty sure I’ve never seen another finance channel make a giggity mid video, and that’s a problem.

[@shannongerbes]

Happy birthday Rudy🎉.

[@jamesdean9373]

Hey! The Michael Saylor of magic. What’s up brah. Been a while since I watched your videos. Love these type of videos

[@reidyoung298]

"Who are we mad at today?" 😂 well put. Thanks for putting this one together, Rudy. Fantastic video.

[@sherekhangamedev]

Love the Master Classes from Rudy, never better said and explained, and it is that the world has nuances and is complex, and still at core the rules are simple.

[@lagman333]

Great video Rudy. I love these the most!

[@jankreitzscheck9914]

The banks aren't lending out money that was deposited by customers. When a bank gives out a loan it doesn't check whether it has the money because it can simply generate the money. It gives out a loan if it thinks you will pay it back. Banks have a tiny rate of money reserves to outstanding credit.

[@neilcorry6979]

Great insights, bluntly honest ... much appreciated!

[@j-007-b2]

45 min in & still MTG was a fun ride up until 2022. People DIVERSIFY over the long haul !

[@josephs.4813]

43:48 it is sadly Edit: 44 min in great video Rudy. I always enjoy these white board videos

[@TCGBulkKings]

Maybe buying and hodling isn't best, but operating a flipping/reselling business rather than an investing business still makes a lot of sense. Also, your hair looks great, I don't know why everyone makes fun of it all the time

[@Arcrobes]

Do more videos like this Rudy! They are terrific

[@benwilloughby6836]

Really enjoy the big money breakdown videos. Cheers Rudy

[@numberoneappgames]

I'll be honest Rudy. The economics of everything is really sad tbh and I mean for everyone my age. I'm 28. :( I'm just a lil Timmy. Minimum wage hasn't moved in forever, home prices are accelerated to unaffordable levels, and basics have been inflated due to some businesses being greedy. Yugioh is in a bad spot right now. lol Stores are losing money selling it. Love this video, the cost analysis is beautiful. You're getting a secure bag with selling the property. Sounds like when 08' happened and none of the higher-ups took any real losses because they had corporate debt and bonds. I'm thankful you are not disconnected, dbag gurus are blaming relief checks instead of PPP loans that were forgiven.

[@mastermclovin0]

These whiteboards are the best videos. I know you don't always like making these videos cause the views aren't so great but it's appreciated.

[@88ncampos]

Fantastic content, and very well articulated. Thank you for the video sir.

[@stratfender89]

Here's something funny below. Also, I share your financial videos with my wife. They get us to talk finances and help us a lot. Thanks Rudy

[@7Alberto7]

By the way HAPPY BIRTHDAY you legend!

[@drmann15]

“Give me something funny below”. Sounds like my prom date after 6 drinks.

[@apexcal]

There are actually 3 types of people. People that makes things happen people that watch things happen and people that ask "What just happened?"

[@Brollectors]

Watched the whole thing. Heres something funny. I am a realtor and have taken a whole real estate course from the magic guy before work while i work out. None of this makes sense lmao. Great vid and info. Anyway to teach regular folks about real estate is great.

[@TK_GX]

I was poor watching this channel in 2018 during the Hour of Devastating Wallet era and now its 2023 and im still poor. ;(

[@mattv2099]

45 minute green screen gangsters. Its time to diversify my bonds, g.

[@GameUnCrafter]

We need more people willing to speak the truth like you.

[@TakaTakaMuTaka]

Rudy: Here is "something funny below." Thanks for the effort you put into making this video.

[@mackmccormick]

Phenomenal video sir! More like this!

[@CrabBattle1337]

Thanks for the long form video Rudy. As a recovering Timmy and aspiring evil investor, it's always fascinating to hear your takes on money and the economic tides of magic. I don't have a good funny for you just a sincere thanks.

[@platinumtcgsandmore9256]

Here is something funny Rudy! I was in Orlando ordering sushi from DoorDash app. I chose pickup and my friend and I went to the restaurant. Restaurant did not have our order. So I check my app, I chose the correct restaurant but it was in Minnesota. So my friend gives me nicknames based on Minnesota landmarks. :)

[@BigBAnimeTCG]

I watched all 45 but can't come up with a joke worthy of the effort you gave in this video. The easy interest money has been super attractive. That said I have went that direction while still adding to Weiss and Pokemon. The long term potential on these TCGs probably will outweigh the easy money but like you said diversity is important. People are so negative on TCGs that this is an incredible opportunity.

[@oli1682]

Very informative vid! Thanks for the education!

[@Ironpupper]

The Timmys have blessed me for listening to this video today in 2025. Found some LOTR collector boosters for 44 bucks a piece at my local Bull moose from a ghosted preorder. YOU ROCK RUDY thank you for sharing your wisdom with me.

[@bradleytinney6969]

29:17 was the best 30 seconds of my life.

[@joejones3387]

incredible video - well presented and full of truth. As a Brit some of the American terminology is lost on me but the principle stands