Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however. I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter

You're absolutely right about the power of compound interest and the long-term potential of investing in index funds like the S&P 500. For many, passive investing in broadly diversified funds can be a reliable strategy over time.

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash I invested the money using an analyst, and in seven months, I raked in almost $673,000

Employing a professional financial analyst or advisor can certainly add value by offering tailored advice, portfolio diversification, risk management, and timely insights. Their expertise can potentially speed up wealth creation and navigate market complexities, but it's important to choose someone reputable and consider their fees, as they can impact your overall returns.

I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?

You're too kind!!

😂 oh my god

Now that's leverage, should've asked for a spa bath🤣

What's wrong with meeting his "niece"? wink

"I'm putting your rent up". "How's your niece?" 🤣

As she said, be sure to take photos... Of the property, that is.

This happened to my brother last month haha

Thank you so much Aaron, I really appreciate it!

🙏🏻

@@lwaves Alannaday.

Work day, afternoon tea break and new Adventures and Naps vlog watch 15 mins of it back to work.

No doubt organised using Notion probably the best organising software ever created. (That'll be £20 please)

Some people say.........the Greenwich time signal maintains it's accuracy by checking with Alanna's posting schedule. 😄😄

Thanks for watching!!

Thanks so much!

Exactly this

Which agents they are)

@@gulnartahmazova3603 Cj hole and Andrews

Not to forget to mention Tuckergardner. Agents were useless.

Thanks so much!

Why did he always say that to you?

@@JakeJakeP i was told ‘not to ask questions’

@@Knuckle_Sandwich_Hand_Wraps how come?

😆Good stuff Fight Food...no little bastards here

Thank you!

Thank you!

Thank you so much!

Thanks so much!

Thanks for watching!!

Thank you!

Thank you!

Ugh, I feel for you.

Thats a pub landlord.

Thank you! 😃

@@AdventuresAndNaps 😁

Thank you!!

Yay! Thank you!

Thank you so much!!

You lucky bugger with the rent or are you renting a henhouse n the Orkney Isle

@@bryansmith1920 Just outside Belfast

@@torros1839 Yes but, a henhouse?

That's not a good thing...you'll find it difficult to leave because all the other rents will have gone up...unless you've saved the money, of course.

Shhhhh

Thank you!

Thank you!

Thank you so much!!

Thank you!!

Oh my god, I would have been so annoyed!! But thanks for watching pal, I really appreciate it.

Thanks for watching!!

Thank you! 😃

Thank you!! 😊

@@AdventuresAndNaps You're welcome ☺️

Thanks for watching!!

@@AdventuresAndNaps Always! May your life be filledwith wonder and joy. ✌️🐝

Good luck

Thank you!

Awesome! Thank you!

Thank you!

@@AdventuresAndNaps of course, if it involves an NDA we might never know.

Thank you!

@@AdventuresAndNaps I live in the south west of the UK and all I ever hear is how tight and awkward many landlords are which annoys me considering how much they make in rent each month. If you both work from home all the time maybe consider moving to another part of the country to so that you can buy your own house as Kent is super expensive even for the locals.

You got it!

What is a “hob?”

@@sevenninety4893 The top bit of a cooker containing the hot plates (electric) or burners (gas). Where you heat saucepans, for example.

@GreatStuffist Thank you. In America that would typically be called a “stove” or “range” or “range top.”

@@sevenninety4893 I think in America an essentially free standing appliance is more common than in England. We often have the oven and grill built in to one part of the kitchen cabinets and the hob is inset into the worktop in another spot. You can see Alanna's oven in the background.

@Nicky L It's often very difficult to identify the exact appliance you've got. Sometimes there's just a name, and it's fucking nause to look through pages of Google Images trying to see if you can spot the right one.

Thank you so much!

Ugh, hate to hear that but happy she took photos!!

Hahaha

Glad it was helpful!

Speaking from my personal experience get yourself on the Council housing list, but don't become a council tenant. In recent years council tenants have become a political football. But do become a housing association tenant, they generally treat you better than the council does. I've been living in the same housing association flat in West London for thirty years. It's small and not very grand, but I'm fairly secure here and pay about half as much rent as tenants of commercial landlords do in this area. And now that I have become a pensioner the local council pays my rent and council tax too!

Thanks so much Gem!!

Most women are bad with confrontation, and our adversaries know it (which is why they are bullies). We need to get beyond that and learn to be aggressive.

@@heleneg525 Never aggressive, that gives them an excuse to put the phone down on you. But politely, determinedly and forcefully make your point.

Thanks 👍

You're totally right!

Thank you!!

Thank you!

Thank you!

This is what a lot of renters don't realize: the landlord who you think is being a dick has probably been burned hard before and is just being careful. As an example, imagine you're a home owner and your mortgage is $1500 per month on a rental home. Your income is enough to cover your living expenses etc. but you depend on renting the place out to pay its mortgage. You also need to set aside some money every month so you can spend it when something needs fixing. So you need to rent the home out at $2000, and that's what other comparable homes in the market rent for. An applicant approaches on January 1st. You need to rent, because every month it sits empty you have to somehow come up with $1500 out of your own pocket, and who just has an extra $1500 laying around? Best choice is to do a background check, in case this person is real trouble. But you don't see anything on the background check, so you rent to them. They pay their first month rent of $2k and a refundable deposit of $2k. Next month, February, they ghost you and don't pay rent. You call and email, no response. A professional landlord will serve the legal notice asking them to pay rent or move out, but if you don't know what you're doing maybe you just try to work with them for a couple weeks which delays the process. You get to end of February and they still haven't paid, and you get a court date for eviction. They show up and beg the judge for leniency, and you offer a stipulation: they have to pay the back rent of $2k over the course of the next 4 months, and they have to keep up with their upcoming rent payment in March. Everyone goes home. March 1st comes, and they don't pay their $500 stip, and they haven't paid March rent. Because they broke the terms of the stip you can immediately move to the end of the eviction process, which takes a little while longer. The sheriff doesn't come out to physically evict them until mid-March. When the physical eviction happens, you go in and are absolutely horrified. They had a dog which was forbidden by the lease. The dog tore up the baseboard, the carpets, the blinds, chewed on the doors, and thoroughly soiled the carpet throughout. Scratches all over the vinyl in the kitchen. The appliances are all damaged and filthy. All the faucets are janky and worn-out. Burn marks, stains, and scratches on the countertops. They had dropped something on the middle of the tub and broke through, but didn't tell you so you could fix it, and decided to keep using the shower so there's massive water damage and mold all underneath. They smoked heavily and the place reeks and the paint is stained with weird yellow wax. All their junk and old furniture is still in there, and the place is completely filthy. (This is not a hypothetical, I saw an apartment exactly like this). Carpet, with new pad and pet seal: $1600 Vinyl: $800 Mold remediation and carpentry work under tub: $1500 Tub replacement: $800 Drywall repairs: $700 Full paint: $400 labor + $150 materials Resurface countertops: $400 Fixtures: $400 Doors: $600 Blinds: $300 Range: $500 Fridge: $700 Dishwasher: $300 Moving and storage of their "possessions": $200 Professional cleaning: $500 (normally wouldn't be this much but they spent a lot of person-hours on this one) (This is not a hypothetical, it's how much we spent on the turn). So our little homeowner can keep the $2k refundable deposit, leaving $7130 to pay out of pocket before the unit can be re-rented. The work takes a little time, assuming the money is somehow available (probably a loan or something), and the unit can't be re-rented until mid-April. You finally get someone to a move-in date on May 1st. At this point the owner has had to somehow come up with $4500 in mortgage payments and over $7k in repairs. The evicted household gets a bad mark on their credit score, and the amount goes to a collection agency, but they'll never pay. Landlord is looking forward to HOPEFULLY this next renter not being an absolute disaster! The kicker: the court and tenant advocates work really hard to get the eviction expunged, to make it hard to deny applicants based on rental history and owing prior landlords, which enables a bad tenant like this to keep doing it! --- Now of course you also have the "professional tenant" who knows all the appeals and delays that he can use to stay in the unit as long as possible. This can drag out an eviction to nearly a whole year. So even if he leaves the unit in pristine condition, that's still a massive amount of mortgage payments the owner has to somehow scrape together. And during the pandemic, of course evictions are all but impossible and certainly not for nonpayment of rent. I recall a pair of news stories, one guy who floated around California basically taking over people's houses and terrorizing them, and a woman and daughter in New York who basically went around manipulating and destroying everyone. Can't find the articles now though! Too much material out there and horror stories about professional tenants. Basically there's a small chance that a tenant who moves in will totally destroy you and you'll lose the property. Not conducive to a whole lot of trust from a landlord, right?! Of course, most people are just fine, and a lot of people are great. Always run those background checks.

@@googiegress7459 Not seeing a lot of sympathy pouring in here guys. :) You, as landlords are essentially gambling. The prize if you win is a house that someone else pays the mortgage on. Because if your tenants pay the rent for the length of the mortgage, you get to keep the house having paid nothing for it. If your tenants don't pay the rent, you lose and you get burned. You lost dude.

​@@grahamlive Landlords are the method that exists for people to borrow the use of a living space. Not everyone wants to buy a house and have to take care of it, and not everyone can afford to. Would you say that farmers are gambling on whether their crops will fail or fetch too low a price at market, so fuck them if they lose everything? A nurse goes to work in a hospital to trade their labor for wages, so if they catch a terrible disease then fuck them for gambling on employment? If things get hard enough on landlords from a regulatory perspective, they'll pull their capital and do something else with it. Private homebuyers who want a house will buy them up, but save a little money because the price decreases. But it won't get cheap enough to enable people who can't afford to buy. So now they're still priced out of the market for buying, but as available rentals decrease the renters become even more priced out of the market for rentals. Of course that leads some people to be willing to cash in and become landlords, but then of course regulation increases all the time and pushes back against them wanting to be landlords. I know what the tenants' rights advocates want. They keep trying to create some mix of nationalized and co-op residential real estate, making rentals illegal. But that's insane, and they can't get people on board. So instead they're pushing to make it legally impossible to be a landlord, and then they hope to step in with their solution after they have destroyed everything. And like any zealot, they rationalize that the ends justify the terrible means they're inflicting. But no tenant is going to believe that the problems they're facing are not caused by some thick cabal of villainous landlords meeting in secret to figure out how to evict everyone. Because that's the poison tenants' rights advocates have been dripping in their ears all this time. Nobody recognizes that the problems with housing are largely due to housing price, which is driven by speculators and huge investment firms foreign and domestic, and local controls which make new development overly difficult and expensive. It's supply and demand, and we've had a lock on understanding this for centuries. A renter is a person you've given your home over to so they have a place to live, and you have a mutual agreement in writing. When a crap tenant, and yes some people in this world are just crappy, violates that and destroys your home, that's a criminal attacking you. And it's worse than say a carjacking, because the amount of money is so much higher, and because it's a breach of trust.

Both?

@@truth.speaker yes at different times in my life

Coming soon!

Thank you!

One can't talk about renting in the US because renting is chaotic because the federal government has no roll. Rentin not only varies from state to state, but it can vary from city to city with a state.

I used to get confused renting in Glasgow, as a two apartment to me meant 2 bedroom, living room, bathroom and kitchen. but there often it was one bedroom and that was partly in the kitchen, a bathroom and a livingroom

Thank you!

😂

I love the sarcasm.

But if you can somehow get together a deposit, then a mortgage is often cheaper than rent.

Thanks for watching!!