Aren’t these fintech companies under the microscope because of Yotta right now?
@solomonchau7725Ай бұрын
Yes, if Robinhood turns out bust like Yotta, Francis will have to work W-2 Form.
@DY-Hak1Ай бұрын
I don't trust Robinhood. I don't think it will end well.
@jimv77Ай бұрын
2023 and 2024 has been very good financially to us. Pretty humbling when you know others are not as fortunate in these current times.
@JoeSmoeDoeLowАй бұрын
I’m not trusting robinhood with my retirement accounts.
@gurrrrlishАй бұрын
good old fidelity - also pays 5% on my uninvested cash... this way if i get lazy to buy Tbills - - i;m at least getting the 5% -- - granted - no state tax savings... i do like that savings at tax time
@JoeSmoeDoeLowАй бұрын
I agree with you. People are crazy in my opinion to trust robinhood with their retirement accounts.
@aperson1181Ай бұрын
@@JoeSmoeDoeLow Agree
@RichardTouchfaithАй бұрын
I am still sitting on the popular tech stocks that I bought in April 2020. I was hoarding up cash at the time for another house and decided to bet the farm during the huge downturn sale on stay at home Tech companies. Amazon, Apple, Meta, Google.
@user-ll9qk2el4dАй бұрын
The first thing out of his mouth is to promote Robinhood instead of providing me valuable information the title of the video promised. Needless to say, I won’t be watching the rest of the video or subscribing.
@JakeAkstinsАй бұрын
People that hate on your dogecoin investment need to understand like you explained. There is no gain or loss until a point of sale.
@toddboothbee1361Ай бұрын
Also, don't you need a lawyer and/accountant to make sure the financial instruments are not too corrupt or dangerous. Contracts are everything.
@MrHatranproАй бұрын
They sent me the 3% deal and the gold thing, but the issue is that would create a 'single point of failure'. Better diverse on multiple platforms and channels.
@dec1slhАй бұрын
Diversification does not mean multiple platforms/channels
@Renny12345Ай бұрын
Who are you leaving your assets to when you pass away?
@gulden_loverАй бұрын
Thanks for the update! Those videos are greatly appreciated.
@GreatSax1Ай бұрын
Thank you for sharing your investments. I know you posted a video awhile back saying you were hesitant.
@ZombieX-XАй бұрын
thank you ! good to see u doing well
@toddboothbee1361Ай бұрын
When you move to Asia in 2025, how fast can you sell your house and convert the proceeds into investments? How are taxes handled? Cheers!
@thedopplereffect00Ай бұрын
He needs to get married first so he can have that 500,000 gains exception 🙂
@gerry2345Ай бұрын
Good insight .
@BeastykatoАй бұрын
Sometimes the market moves 1-2% in a single day. Not to mention the lag time between the markets and having to do the transfer. It's probably likely many people lost money moving to robinhood.
@Nerdy_prepperАй бұрын
Thanks brotha! Awesome video 😎👍
@NicksDynastyАй бұрын
I started doing covered calls this year I have yielded 16% from the principle and another 1.9% in dividends I messed up for the last dividend payout i didnt get a thr full payout I should have.
@aussieexpatАй бұрын
I love your channel, your energy and absolutely admire what you have got going. But these investment perspectives are awful.
@GhostofTraditionАй бұрын
i converted some of my stocks and all of my alt coins into bitcoin about a year ago and I'm still happy with that decision
@gorshenbagАй бұрын
You're in California. Why not invest in USFR instead of using Robinhood cash?
@BeatTheBushАй бұрын
I like that. Thanks for the tip. Robinhood also has some deal for new deposits of 1% interest boost paid out over 24 months. So you would get 6% effective if you leave it in.
@gorshenbagАй бұрын
@@BeatTheBush That is a good deal, however it's being taxed at a much higher rate than USFR. Plus, USFR has the advantage of being held in any brokerage account.
@BeatTheBushАй бұрын
You will be featured in tomorrow's video. Thanks for the tip!
@gorshenbagАй бұрын
@@BeatTheBush Cool!
@johnnylee8194Ай бұрын
You didnt convey dollar amount in stock which does not tell me much but i understand its too much transparency. Its also bad luck
@BadgolferJimmyJamАй бұрын
You should sell your home and move to Tennessee. You could buy a nice home here free and clear and put a lot of the rest in your investment account. Cost of living is much better here.
@dustinbranham9746Ай бұрын
COL is just one consideration. I moved from NC to Seattle, which most people would say is more expensive. But I don't need a car here. We share a car, but we only drive it when we leave town every couple of months or so. Therefore, I never buy gas and the actual wear and tear on the car is nil. This means my actual COL is within a couple hundred dollars per month of where I lived in NC. Amazing how much cars really cost without people realizing it. Additionally, I have tons of recreational opps that are entirely free because I can bike to them, or if I want I can often ride transit there. Scenery is probably the best of any city in the US, maybe the world. And it's just so nice never having to drive. I also never have to see Trump flags. There are well documented downsides like homelessness and drug use, but I don’t find these things affect my everyday life much, and most of the negative press is from people who don't live there and probably have a culture war agenda. Bottom line is that TN and NC are great options for a lot of folks. But for someone like me, there are big upsides to living in a big west coast city, and it isn't necessarily as expensive as ppl think once you adjust out car expenses.
@BeatTheBushАй бұрын
When moving to a new state, you still have to consider many things like weather, people, and food options. I never been to Tennessee though.
@averagejoe9249Ай бұрын
Tennessee doesn't have a state income tax , which is a huge savings. And a beautiful State.
@johnnylee8194Ай бұрын
You will committ harakiri because no asian food option there @@BeatTheBush
@thedopplereffect00Ай бұрын
@@BeatTheBushyou should at least visit. It's crazy how frugal you are about certain things but are willing to lose tens of thousands a year to taxes
@hasslefree3527Ай бұрын
a car is not an investment
@BeatTheBushАй бұрын
It's not. It was included as part of Net Worth.
@kazi1Ай бұрын
Yo
@mousers21Ай бұрын
you beat me to first comment!
@kevinparkerful18 күн бұрын
Stupid video entice you trying to tell you what he's investing in and then goes on not to tell you what he's investing in...click bait lame!