Practice Undercover Wealth

  Рет қаралды 57,124

Tae Kim - Financial Tortoise

Tae Kim - Financial Tortoise

Күн бұрын

Пікірлер: 142
@Lazirus951
@Lazirus951 Жыл бұрын
Splurge quietly is one of my favorites. You can bring great joy to yourself and your family by being frugal on big ticket items like your house/car, but splurging on a good water filter, nice couch, quality mattress, high-end tooth brush, etc. Spend money where it counts.
@user-ov4wr5yu4r
@user-ov4wr5yu4r Жыл бұрын
Consumer goods? 😂
@jordanfessler9664
@jordanfessler9664 Жыл бұрын
How did you know my bucket list
@vibe_tube3634
@vibe_tube3634 Жыл бұрын
I got everything but I’m not really care high end tooth brush. Any brush is fine I still need 3 min brush time duh
@aaron___6014
@aaron___6014 Жыл бұрын
Those don't cost very much though.
@aaron___6014
@aaron___6014 Жыл бұрын
@@vibe_tube3634 you need to get a sonicare and boka toothpaste.
@anastasiawalter2390
@anastasiawalter2390 Жыл бұрын
Practicing “undercover wealth” is a sign of having class.
@tomf9292
@tomf9292 Жыл бұрын
I wear clothes from Walmart and Amazon basics. Drive a $20k 2016 pick up. Wife drives a 2011 Toyota. Net worth $4 mil.
@wealthbytes
@wealthbytes Жыл бұрын
The best is stealth wealth. People thinking you are poor, but in reality, you are doing well comparatively. Let others chase status.
@allthingsnu4673
@allthingsnu4673 Жыл бұрын
"Stealth wealth" is my new phrase.
@wealthbytes
@wealthbytes Жыл бұрын
@@allthingsnu4673 It's the only way to go. I played the game on the other side chasing status and I was deep in debt and struggling internally. I like the stealth wealth side much better
@martywilliard
@martywilliard Жыл бұрын
Amen! Yes
@imMATTure
@imMATTure Жыл бұрын
Let everyone chase the Rolex. Youve got a Grand Seiko.
@BuyLessJess
@BuyLessJess Жыл бұрын
I really like those $9.99 100% pima cotton Kirkland t-shirts. They last forever, they’re comfortable and somehow go with everything. The shape actually starts looking better as they get older.
@R0bert916
@R0bert916 Жыл бұрын
Kirkland brand pants/Joggers Walmart brand T-shirts and chucks. My entire wardrobe right there man.
@Jack-su4sz
@Jack-su4sz Жыл бұрын
Love your modesty. People that flash the cash are usually the biggest BSers. Probably a lot less wealthier then you think.
@loft27ss
@loft27ss 17 күн бұрын
❤ they are flashing massive debt that all it is😅
@klausrothchenko2691
@klausrothchenko2691 9 ай бұрын
I really agree with the undercover car idea. Our family has 4 paid for cars, the newest one is a 2015. I have always spent quality time with the boys maintaining them and keeping the clean. Win - Win.
@techdevicenews
@techdevicenews Жыл бұрын
Congratulations on hitting 100,000 subscribers Tae! This is well deserved for all of solid advice you've delivered!
@TaeKimFinancialTortoise
@TaeKimFinancialTortoise Жыл бұрын
Thank you so much!!
@DavidLewis-bm2kt
@DavidLewis-bm2kt 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. I pray that anyone who reads this will be successful in life..
@VincentMani-kh7lx
@VincentMani-kh7lx Жыл бұрын
Assets that can make one successful in life
@VincentMani-kh7lx
@VincentMani-kh7lx Жыл бұрын
forex is profitable and lucrative investment online
@alexanderlyon
@alexanderlyon Жыл бұрын
Congratulations on passing 100k! Well done.
@TaeKimFinancialTortoise
@TaeKimFinancialTortoise Жыл бұрын
Thank you very much!
@allthingsnu4673
@allthingsnu4673 Жыл бұрын
Thanks for the sensible tips, Tae. My financial situation recently changed for the better and I'd already decided to be an undercover wealthy person before finding this video. I'm an introvert anyway and don't like drawing attention to myself so why make myself a target for everything and every kind of person I don't want in my life? No, thank you!
@JeredtheShy
@JeredtheShy Жыл бұрын
If you want to project wealth on a budget, learn your sizings for clothes. Go to thrift shops, find clothes that fit where it matters. Buy them for next to nothing. Now, take those clothes to an alteration shop, a tailor, and have the clothes tailored to you. It will cost, but the raw material was cheap, and it now fits you perfectly. Such things scream wealth to those around, and yet, lol, you bought those pants for $5 at the thrift store. Buying the pants used, $5, buying nearly the same pants brand new and of a similar quality, $75. But for $50 the "cheap" pants seem more expensive because they fit you perfectly.
@lennadimaioh.4922
@lennadimaioh.4922 Жыл бұрын
Congrats!🎉on reaching 100k sub milestone. Just cracked a million in my dividend portfolio this last week. I started my journey, investing a lump sum in stocks trading with the help of an excellent finance manager who trades my funds for me.
@piercedaulton6987
@piercedaulton6987 Жыл бұрын
Hi, who's your finance manager? how can I reach out to help me trade my funds too?
@lennadimaioh.4922
@lennadimaioh.4922 Жыл бұрын
Hello, Erlinia Jedraa Barrett is my FM, research her.
@beckyanderson4971
@beckyanderson4971 Жыл бұрын
Awesome. She trades for me too. I live in Albany, Georgia & a friend who works with Erlinia Jedraa Barrett referred me to her so I reached out. In few months of trading my 100k, I’ve made a little over 420k. She is really amazing.
@jonm.678
@jonm.678 Жыл бұрын
I somewhat regret buying my BMW. I love cars and my BMW is paid off. However, I can’t help but feel like I shouldn’t have it. I could sell it and get a cheaper car- but also I love the luxury of it and how fast it is. Not going to lie though- it does stress me out leaving it in certain places. I felt much more peace driving my cheap car.
@user-fx3ou2jh9k
@user-fx3ou2jh9k Жыл бұрын
Why did you buy it? Surely you must enjoy driving your car.
@jonm.678
@jonm.678 Жыл бұрын
@@user-fx3ou2jh9k I love cars. I’ve always been a car guy. I tried driving cheaper brands and being a frugal car driver but I just couldn’t do it. I love the experience of driving a fast and fun car
@CaspianSh
@CaspianSh Жыл бұрын
The principle of spending your money on what you truly enjoy and saving elsewhere applies here. It looks like you enjoy cars generally and this car particularly. I’d say give yourself the space to enjoy and appreciate it and grateful that you can afford it. Save on other items 😊
@hrhtreeoflife4815
@hrhtreeoflife4815 Жыл бұрын
Q Being comfortable with wealth is an art. I am comfortable with myself and my luxurious stuff. However, it is true that: People are jealous. People do steal. Armed guards and people who are paid to protect my stuff have been caught stealing 😒 🙄 and it's very annoying 😒 and devastating at times. But...I learned to keep it quiet 🤫 and not even family are privy to all I have because people's appetite for stuff is a bottomless pit.
@xmochix604
@xmochix604 Жыл бұрын
I love chanel bags and other luxury items. but those are the only thing I really splurge on besides vacations. and I wear them on occasion. :D drove my old 2004 car until last month; my daughter started driving so she gets that car now.
@willerwin3201
@willerwin3201 Жыл бұрын
I’m the month our nation dedicates to Pride, Tae Kim advocates humility and gratitude. For this, I salute him.
@bodhiklema5498
@bodhiklema5498 9 ай бұрын
Thanks, Tai! Great content and very helpful. Appreciating your humility, humor and maturity around money and life.
@jadelightsword
@jadelightsword Жыл бұрын
I recently discovered that Costco shoes are so nice and comfy!
@OurPerez
@OurPerez Жыл бұрын
My favorite topic, STEALTH WEALTH! Thank you!
@PenniP
@PenniP Жыл бұрын
I have been practicing undercover wealth for the last decade… without even knowing it! My Splurges? Travel and Donating!
@elyseb674
@elyseb674 7 ай бұрын
Thanks for your service! I'm part of Uncle Sam's Yacht Club 😉. It's my second career. I'm a QM because of my retirement investments prior to getting commissioned. The few luxury items I have are under the radar without brand recognition.
@KevinBrownTV.
@KevinBrownTV. Жыл бұрын
Costco membership will be my luxurious club
@corporatemcmahon2815
@corporatemcmahon2815 Жыл бұрын
STEALTH WEALTH!!!!
@ranjeetalama1847
@ranjeetalama1847 Жыл бұрын
Wow 100k, congratulations 🎉🎊 😊
@TaeKimFinancialTortoise
@TaeKimFinancialTortoise Жыл бұрын
Thank you so much 😀
@imkriswithak1135
@imkriswithak1135 Жыл бұрын
This was a fun video. I like living under the radar so it was relatable. ❤ from 🇨🇦
@darrellq6954
@darrellq6954 Жыл бұрын
32 degrees has the most comfortable t-shirts, polo shirts, boxer briefs, etc....trust me...and is very undercover.....
@7SideWays
@7SideWays 7 ай бұрын
I need to up fashion game. Thank you!
@mememe1216
@mememe1216 Жыл бұрын
One question that I have for you is what do you do for presents for your kids’ friends? Just curious.
@downapocalyptic
@downapocalyptic Жыл бұрын
Tae, I remember subbing when you had 6k subscribers after I watched your video on the World of Hyatt credit card. Congrats on 100k 🎉
@TaeKimFinancialTortoise
@TaeKimFinancialTortoise Жыл бұрын
Thanks so much!!
@RobNorton
@RobNorton Жыл бұрын
Congrats on 100! All great tips
@lwangmd70
@lwangmd70 Жыл бұрын
Love the cross trek 😍 I have 2 of them :)
@whodey2112
@whodey2112 Жыл бұрын
Most of my clothes come from Sam's club 😂 I like Columbia or Eddie Bauer stuff.
@miltongrace8621
@miltongrace8621 Жыл бұрын
This is the second time I am watching your channel. This was very powerful. I learn a lot. Keep up the excellent work.
@KTM1190AdventureR
@KTM1190AdventureR 7 ай бұрын
Loving all your videos. Just started watching the past week, subscribing for sure :-)
@TheWeekendYogurt
@TheWeekendYogurt Жыл бұрын
Your videos are so helpful and grounded. Thank you Tae!
@dbjuggling
@dbjuggling Жыл бұрын
Currently listening to this in my Honda Fit 😎
@genwe1894
@genwe1894 Жыл бұрын
I like your video. I’m upper middle class. Housing is low. But I splurge on my private club because I want private dining. Let’s face it, you work so hard and sometimes you want a quiet private area to eat with your family
@francisyuweh706
@francisyuweh706 Жыл бұрын
YES YES YES! CONGRATS FOR THE 100K SUBS! KEEP GOING KEEP INSPIRING and Enjoy!
@TheDividendInvestorCPA
@TheDividendInvestorCPA Жыл бұрын
Great video - My wife and I follow the same path and invest everything we can to achieve FIRE in 20 years 👍
@baneandeddu8115
@baneandeddu8115 Жыл бұрын
LOVE IT
@aniak8976
@aniak8976 Жыл бұрын
I love these tips, Tae. They so align with our values and beliefs. Thank you!
@RetirementbyDesign26
@RetirementbyDesign26 Жыл бұрын
This is a great video for many reasons. As for clothing, I shop at our outlet store - Ann Taylor and Banana Republic
@uaeio
@uaeio Жыл бұрын
I love this video
@JAW1992
@JAW1992 7 ай бұрын
Private clubs can be well worth the price of admission if you are in a buisness that is fueled by your network. Some clube can provide a wealth of business relationships that are directly responsible for career capital and boosts in income.
@serialmigrant
@serialmigrant Жыл бұрын
I love honda fits!
@justvincenturb
@justvincenturb Жыл бұрын
Congrats Tae on reaching 100k!!!
@joylogico9919
@joylogico9919 Жыл бұрын
Ralph Lauren and Lacoste make quality yet understated clothes ❤
@timcrawford7923
@timcrawford7923 Жыл бұрын
Thank you for your service. Love the video.
@laughwithtc
@laughwithtc 7 ай бұрын
Love your content ! 😁
@fsm12385
@fsm12385 9 ай бұрын
New Subscriber, Great Knowledge ! Thank you 🎉❤
@CannabisTechLife
@CannabisTechLife Жыл бұрын
Oh wow congrats on 100k subs!
@TaeKimFinancialTortoise
@TaeKimFinancialTortoise Жыл бұрын
Thank you!
@ronnievengua9535
@ronnievengua9535 Жыл бұрын
I’m rapidly approaching my “number” all in a 07’ ford focus hehe😊
@dustinp1164
@dustinp1164 Жыл бұрын
I won't let anyone know when I get wealthy - not even myself.
@xBeauGaming
@xBeauGaming 11 ай бұрын
5.11 makes great clothes and very durable
@hughcards
@hughcards Жыл бұрын
New subscriber here. Nicely done, Sir, nicely done. PS Thank you for serving.
@peterl2767
@peterl2767 Жыл бұрын
Great content 👌 👏 👍
@peteredwardcox
@peteredwardcox Жыл бұрын
I don’t wear Wrangler jeans and Old Navy shirts because I’m cheap, it’s my unassuming style.
@chabco2305
@chabco2305 Жыл бұрын
target has some nice clothes
@duc1198s
@duc1198s Жыл бұрын
👍good point; agree
@mladyhazel
@mladyhazel Жыл бұрын
Good will = know good brands to look for and inexpensive.
@kpt.haddoc8438
@kpt.haddoc8438 11 ай бұрын
I am still driving my 2006 Ford Focus I bought for 3000€ I could easily afford a new car, but I couldn't care less about the car I drive as long as everything is technically in shape.
@unlirise5479
@unlirise5479 Жыл бұрын
I know of people who owns Mercedez and Tesla but cant afford to pay their $1500 ac be fixed. Meanwhile I drive a Prius and semi-financially independent now 😂😂😂😂
@dannnsss8034
@dannnsss8034 Жыл бұрын
...good on you, you are better than these people...? Everyone's got their reasons, no need to be an a ss.
@BuyLessJess
@BuyLessJess Жыл бұрын
I love the Prius, an economy vehicle with MPGs like that is a flex.
@unlirise5479
@unlirise5479 Жыл бұрын
@@BuyLessJess plus their body is really solid that it scored high on crash safety rating.😀
@pratikpatil6865
@pratikpatil6865 Жыл бұрын
Congrats on 100K 🎉
@TaeKimFinancialTortoise
@TaeKimFinancialTortoise Жыл бұрын
Thank you!
@TheVanneo
@TheVanneo Жыл бұрын
Stealth wealth
@justinelliott2000
@justinelliott2000 Жыл бұрын
STEALTH WEALTH
@kerrylucy
@kerrylucy Жыл бұрын
PLEASE make a video about Jim Cramer
@y0ungtchalla420
@y0ungtchalla420 Жыл бұрын
I got the most from your video about being frugal with things that don't interest you and spending more (if you can afford to) on the things that does interest you (your hair for example lol) I think any form of spending your hard earned money based on what others may think about you is a problem, for example: I really enjoy the experience of driving cars and the technology. I'm not buying a 2002 Honda Altima just to be uncover from people who don't care about me knowing that I will be unhappy with it lol But at the same time I don't care that much about clothes, so you will not see me buying high end garments and shoes just to appeal to others. So to me the whole stealth wealth thing is almost just as bad as "showing off " from a psychological perspective as they both deal with worrying to much about what others think. Just my thoughts
@tomcat4321
@tomcat4321 8 ай бұрын
Asian people have the best hair and skin.❤
@BlakeC341
@BlakeC341 7 ай бұрын
This stuff is EXTREMELY subjective.
@CBW0314
@CBW0314 Жыл бұрын
Those cars aren’t that inexpensive. If you know cars then you know that cross trek could have been replaced with a less expensive option.
@AncientMarinerNY
@AncientMarinerNY 6 ай бұрын
Wearing cheap clothes when we could afford better ones also helps us lie to ourselves that we are just humble, but in reality, we have a very poor sense of style like most people, lol.
@dummgelauft
@dummgelauft 7 ай бұрын
Hmmm..so does that mean one will never get to enjoy a nice used Porsche? People will see "PORSCHE" first and won't know that the owner bought it 8 years used..with cash..
@CCCCC291
@CCCCC291 5 ай бұрын
Hi Tae, I plan to buy a car. Do you still recommend your Subaru Crosstrek SUV? So far so good?
@raznatalia141
@raznatalia141 Жыл бұрын
uniqlo dropped in quality of the past few years IMHO.
@robertlane7270
@robertlane7270 8 ай бұрын
I love your content. However, I don't agree with the phrase " giving back" anything I have I took my own initiative and work my butt off! I did not take. In fact it me being of service I've already given! Thank you.
@weepinginanger
@weepinginanger Жыл бұрын
100K for the win ✨
@saynay333
@saynay333 Жыл бұрын
I drive a 10 year old Prius because it's completely paid off and has low miles. I'd rather put my money in investments.
@soapa4279
@soapa4279 Жыл бұрын
The only issue I have is saying the Honda Fit is a boring car. LOL. Only half joking, cause they're pretty zippy, fun to drive, and you can fit a ton of stuff in it.
@RamaSivamani
@RamaSivamani 3 ай бұрын
Hmm if you truly enjoy playing golf a membership to a private golf club may be worth it if it means not having to wait for tee times at a public golf course or being able to play golf with out feeling crowded or rushed. A private exclusive gym that is never crowded so you never have to wait for a machine or a bench or a squat rack may be worth it vs always having to wait for someone to finish their set or having to try to work in with someone at a cheaper gym that more people go to. If this gyms is in multiple locations throughout the US or the world then you know you can get in get your workout done and get out quickly regardless of where you are without having to wait. Similarly if a private club gives you more unfettered access to activities you truly enjoy then it can be worth it for that reason. Stealth wealth would not be not belonging to these clubs but rather not talking about it or mentioning your membership in them. You go to a private exclusive gym, workout quietly and efficiently and leave and don't mention where you workout. Or you go play golf but you don't draw attention to where you play golf when not on the golf course.
@9latinumStudioz
@9latinumStudioz 7 ай бұрын
A Benz is pretty lowkey 😎✨ Mark Zuckerberg drives a Honda Fit 🤣 what are those ? 💨 Clothes are the worst 🙄 I heard Uniqlo was pretty good too - I didn't like their white tees though
@cle_roknn3742
@cle_roknn3742 Жыл бұрын
Wrist watch undercover wealth: Grand Seiko
@astretcher51
@astretcher51 Жыл бұрын
Hi Tae If my three mutual have been consistently outperforming the s&p 500 benchmark over the past ten years but the MER is 2.36% would you pull it all out and put towards an index fund? I have run some numbers and despite the 2.36% MER if the overall growth rate surpasses the index by 3% I still come out on top. Thoughts?
@rae-annhendershot508
@rae-annhendershot508 Ай бұрын
If I want a more expensive clothing item, I wait until I can find it on eBay.
@ryanesaki
@ryanesaki Жыл бұрын
Are you the same Tae Kim that did the guide to Japanese grammar?
@qp9vp
@qp9vp 11 ай бұрын
Uniqlo, HM and Zara are fast-fashion. Avoid if you intend to buy quality.
@jmnthe3rd
@jmnthe3rd Жыл бұрын
How to practice undercover wealth: Step One: Start a KZbin channel about wealth. Step two: Get 6 million views.
@kylemcmurtry385
@kylemcmurtry385 Жыл бұрын
One thing to clarify is that you can still dress "nice" on a budget.
@Malini108
@Malini108 Жыл бұрын
i wish this was relevant to me hahah
@Naturenerd1000
@Naturenerd1000 Жыл бұрын
People that buy used cars can have tens of thousands of dollars more of savings than people that buy new cars and have high car monthly payments at the very least over a few years.
@Mega-zi7ys
@Mega-zi7ys Жыл бұрын
Or buy lower end models but brand new if you live far and can't get a mechanic.
@moe-df9qx
@moe-df9qx Жыл бұрын
dickies and random tshirts inwear my shoes till there dead i have work shoes and nice walkin around/goin out shoes
@theclown888
@theclown888 Жыл бұрын
Another way to stay stealthy, use the word “people” instead of “individuals”.
@lulupuss84
@lulupuss84 Жыл бұрын
Your family is beautiful and your wife is a total babe!
@aaron___6014
@aaron___6014 Жыл бұрын
I don't believe that Mark still drives a 2008 Fit. If I were that rich I'd be driving a much larger and safer vehicle.
@bronsonschnitzel7493
@bronsonschnitzel7493 Жыл бұрын
Love your channel but 3:20 is not a flex. Buy your kids some damn shoes.
@user-ov4wr5yu4r
@user-ov4wr5yu4r Жыл бұрын
Yeah, that can harm their feet since their cartilage isn't fully developed.
@gillian32
@gillian32 Жыл бұрын
Meghan Markle would not approve of this video. 🤣
@veganinvesting1111
@veganinvesting1111 Жыл бұрын
No to the index funds. In the s&p index fund, there are hundreds of companies that you wouldn’t want to invest in. Plus there are a hand full of good companies in those funds that prop up the entire market. You’d be better off just hand picking the best the companies.
@EvolvedBonobo
@EvolvedBonobo Жыл бұрын
Undercover Clothing Brands: Levi's, Reef, Teva, Vasque, Nike, Adidas, American Eagle, Hollister, Abercrombie
@upminders2878
@upminders2878 Жыл бұрын
Thanks to mrs janet i made $500 daily from her unique investment strategies, i now travel round the world financial ly free and happy i quit my 9 to 5 job as a software engineer🎉 🎉🎉
@Mega-zi7ys
@Mega-zi7ys Жыл бұрын
Stealth wealth is a Rolex 😅
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