@GrahamStephan 3 ай бұрын
-Here is a link containing the source material for each piece of research cited. I do my best to make my videos as accurate as I can, and the additional resources should help anyone who wants to look into them further - enjoy! docs.google.com/spreadsheets/d/1FlvOKGOlwAsRQl6L60AH8Izv_CmPFY4P2mFpuvzueBE/edit?usp=sharing -Take your personal data back with Incogni! Use code GRAHAM at the link below and get 60% off an annual plan: incogni.com/graham
@NewMoneyBroker 3 ай бұрын
GME 💎🙌📈🤑
@jaredfisher7086 3 ай бұрын
I enjoyed the comedic relief of the intro being backwards. funny stuff before hard truth make its better.
@dj3xN 3 ай бұрын
PROOF
@fireboltaz 3 ай бұрын
Graham. I’ve been watching your material for years now. If people took your advice from the beginning, many of the issues you brought up would minimally impact people with good ethics to saving, investing and planning long term. You’ve done a great job to echo this to the masses for awhile now and I and many others thank you.
@AMarie_USA 3 ай бұрын
great advice on sticking to YOUR own budget, NOT what they pre-approve you for, which could be way higher and actually unaffordable. I still stick to the 20% rule- home exp. is no more than 20% of net income.
@jakewilliams388 3 ай бұрын
Should have bought in 1992 instead of wasting time in the womb
@badassdahn654 3 ай бұрын
😂😂
@mph5896 3 ай бұрын
2009-2019 was a great time to buy
@toxicthesniper8264 3 ай бұрын
Fr he doesnt have an excuse. At that time he shouldve been in his 20s and buying a house wouldve definitely of been an option @mph5896
@marciamakoviecki3295 3 ай бұрын
😂
@Utubeacct 3 ай бұрын
😂
@HectorSnipes Ай бұрын
No financial institution should be allowed to own 40% or more of the single family homes. This recession is paving a way for a monopoly on homes to further rid of the middle class. It would be wise for most Americans to not sell their homes if they're able to.I want to buy houses cheap in 2024 and maybe invest in stocks. When's the best time to buy stocks? Some say they make a lot, others warn the market is risky. Advice?
@VictorBiggerstaff Ай бұрын
Many struggle to save due to low wages, rising prices, and high rents. Homeownership is now unattainable for many middle-class Americans, leaving them without a home for retirement. Consider buying stocks during a recession, as it can be a chance to buy low and sell high later.
@BateserJoanne Ай бұрын
Having an investment advisor is the best way to go about the stock market right now. I used to depend on KZfaq videos but it wasn't working. I’ve been in touch with an advisor for a while now, and just last year, I made over 80% capital growth minus dividends.
@lolitashaniel2342 Ай бұрын
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help.
@BateserJoanne Ай бұрын
Finding financial advisors like Sharon Marissa Wolfe who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@grego6278 Ай бұрын
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
@Riggsnic_co 2 ай бұрын
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
@Jamessmith-12 2 ай бұрын
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
@JacquelinePerrira 2 ай бұрын
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@kevinmarten 2 ай бұрын
How can I reach this person?
@JacquelinePerrira 2 ай бұрын
'Carol Vivian Constable’ maintains an online presence. Just make a simple search for her name online.
@kevinmarten 2 ай бұрын
I checked Carol up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.
@nicolasbenson009 2 ай бұрын
fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.
@Michaelparker12 2 ай бұрын
Contemplate shifting your investments from real estate to other dependable options such as stocks, cryptocurrencies, or precious metals. Severe recessions present potential buying opportunities in the market, but it's essential to approach them cautiously due to the volatility that can provide short-term trading possibilities. While not offering financial advice, it could be prudent to consider investing, given that holding onto cash may not be ideal during this period.
@tatianastarcic 2 ай бұрын
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@berniceburgos- 2 ай бұрын
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
@tatianastarcic 2 ай бұрын
My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@BridgetMiller- 2 ай бұрын
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.
@JosephMartin7226 Ай бұрын
Great video! it’s hard to nail down specific predictions for the housing market because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.
@michaellaw321 Ай бұрын
A lot of folks have been going on about a market rally and said that stocks would be experiencing significant growth this period any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?
@YearousMona Ай бұрын
yes, transportation, e-commerce among other sectors are expected to experience growth, but who knows, the market has been a basket of surprises.
@andypadova Ай бұрын
If you're new to the market, I'd suggest you look for professional assistance.
@Only1Steven Ай бұрын
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $30k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
@thomasbetts01 Ай бұрын
in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.
@EmilyMoore-n7n 2 ай бұрын
After selling two homes in 2020, I'm anticipating a housing crisis in order to buy inexpensively. As a backup plan, I've been thinking about purchasing stocks. What recommendations do you have for the best time to buy? On the one hand, I keep reading and seeing trader earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?
@maiadazz 2 ай бұрын
Most investors can't handle a crash since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.
@Aaronduckstein49 2 ай бұрын
The fact that the US stock market had been on its longest bull run ever makes the widespread worry and enthusiasm understandable given that we are not used to such unstable markets. As you pointed out, it wasn't tough for me to earn over $750k in the last 13 months, so there are chances if you know where to go. I hired a portfolio advisor since I was aware that I needed a solid and trusted plan to survive these trying times.
@richardhudson1243 2 ай бұрын
I tried researching strategies to profit in the current market because my portfolio has been in the dumps for the entire year, but everything I tried just seemed to miss the point. Please let us know who your asset manager is by name.
@Aaronduckstein49 2 ай бұрын
Her name is Annette Marie Holt. Hope that helps
@tatianastarcic 2 ай бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since l need all the assistance l can get. I just scheduled a caII.
@NicholasBall130 3 ай бұрын
I sold a couple of properties in 2020 and have been waiting for a housing market crash to buy at lower prices. In the meantime, I've been considering investing in stocks as an alternative. Do you think it's a good time to buy stocks right now? I've heard that the market is chaotic and that we're seeing a "dead cat bounce." However, I also see and read about people making over $225k in weekly trades. How is that possible?
@StocksWolf752 3 ай бұрын
The strategies can be quite demanding for the average individual. In reality, they are predominantly executed successfully by professionals who possess a significant level of skill and expertise to execute such trades effectively.
@StacieBMui 3 ай бұрын
I concur. Drawing from personal experience collaborating with an investment advisor, I presently manage a $1 million well-diversified portfolio that has seen remarkable growth. It's not solely about having the funds to invest in stocks; one must also possess knowledge, persistence, and the resilience to withstand market fluctuations.
@cowell621 3 ай бұрын
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
@StacieBMui 3 ай бұрын
Sonya lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@crystalcassandra5597 2 ай бұрын
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
@GavinGMoney 3 ай бұрын
You know we are in a tight spot when the real estate guy tells you not to buy real estate.
@GrahamStephan 3 ай бұрын
IF you buy, just run the numbers, understand why you’re buying, and make sure you intend to keep it long term. Renting (in most cities) is a lot cheaper right now in the short term.
@MikhailFromUSA 3 ай бұрын
@@GrahamStephanyes that is why the prices should fall 2x at least to make sense of buying again
@RealSnoob 3 ай бұрын
@@MikhailFromUSA Or rents will double to keep up with the housing market...
@AyjayAlleyway 3 ай бұрын
@@MikhailFromUSA they absolutely won’t fall anywhere near that much. Keep dreaming.
@reyman011 3 ай бұрын
@@GrahamStephanI read all your replies in your exaggerated KZfaq voice lol
@geraldt331 3 ай бұрын
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
@yeslahykcim 3 ай бұрын
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
@Jadechurch-ql3do 3 ай бұрын
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
@lucaswilliams9992 3 ай бұрын
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
@Jadechurch-ql3do 3 ай бұрын
Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
@brianwhitehawker1756 3 ай бұрын
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
@sallyprzybil2404 3 ай бұрын
Great timing Graham! I just closed on a house Monday! It was on the market for months and months. I got a great deal. Nothing wrong with the house. But it’s in a small city where there aren’t a lot of jobs. But then, I’m retired so I don’t care about the job market in the town. It is 20 minutes from another city of a somewhat larger size that has a great job market. I’ll have a lake view and peace and quiet. I’m happy with that.
@prasannagaikwad2349 3 ай бұрын
Best wishes!
@commonsense6967 3 ай бұрын
Congrats!
@sallyprzybil2404 3 ай бұрын
@@commonsense6967 Thanks. I’ve been saving for the down payment for a long time. And have a plan on how to pay the principal off early.
@ChrisJohnson-pc3pd 3 ай бұрын
What was your interest rate
@JenniferEnwedo 3 ай бұрын
Sounds like he is trying to create a generation of renters
@himeiloveme 3 ай бұрын
Millienal here just bought a house 2024 and I never been happier. My home price increased 15,000 since i purchased 😄. Also home maintenace and simple home repairs from fixing a leaky toilet, to simple plumbing even installing newoutlets doesn't cost much when you can do it yourself. I remodeled my parents entire restroom myself just from watching DIY youtube videos. Atm I remodeling my own garage from head to toe, new drywall, fixed up electricals, paint, new epoxy floors and diy cabinets and new led light bars, all learned from youtube and so far the total ocst is only $600. Pro tip: when working on electrical please have turn off all power from the main breaker and spend like 50 bucks on a voltage tester before working on it. Also someone quoted me $200 to install a ring camera flood light and i did it myself watching youtube again took me 30 mins. We are in a time of DIY and honeslty it feels so satifying and its super fun.
@robertbruce8776 3 ай бұрын
Leave the garage floor coatings to the professionals
@Charles45Soccer 3 ай бұрын
Your home price is completely unrealized, it could just as easily go down $15k
@laneyluneva 3 ай бұрын
DIY can get you in a lot of trouble my man.
@DontBuryTheLead 2 ай бұрын
Congrats bro!
@himeiloveme 2 ай бұрын
@@Charles45Soccer It's worth as much as any of the home in the area. So technically zillow and refin price matches. It fairly accurate!
@tonysilke 3 ай бұрын
I’m a new dad, I moved to the Bay Area a few years ago and I’m thinking of purchasing a single family home, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? I heard Nvidia and AMD are strong buys.
@PhilipDunk 3 ай бұрын
Although it's a personal choice, Forbes reports that housing activity will essentially stagnate for the majority of the year, so you might want to wait a little longer.
@Nernst96 3 ай бұрын
well you could put a downpayment on a home and as well diversify as much as you can into Ai and pharm. stocks like Pfizer and JnJ.
@PatrickLloyd- 3 ай бұрын
Certain Ai companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I.
@PatrickLloyd- 2 ай бұрын
‘Amber Dawn Brummit’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@JefferyDuns 2 ай бұрын
She appears to be a true authority in her profession with over two decades of experience. I looked her up on the internet and skimmed through her site, very professional. already sent her an inquiry hoping for a response soon.
@Co_olimaginationvods 3 ай бұрын
You know inflation’s gone bad when this guy tells you not to buy a house lmao
@GrahamStephan 3 ай бұрын
I’ve been looking to buy something since 2022, and the numbers just haven’t penciled out when compared to cashflow / other options
@SnoopEastwood 3 ай бұрын
@@GrahamStephanAt this point the average person will only be able to inherit property
@Slappysworld85 3 ай бұрын
@@GrahamStephanafter all these years we finally agreed on something. 😂
@gw6667 3 ай бұрын
We just bought first house. Older millennials, though not your first-house market, 900k. We'll see how it goes
@hg2blackcat411 3 ай бұрын
Thats rough @gw6667
@michaeltoney2277 3 ай бұрын
Best advice I can give to people buying is look at the satellite view for the neighborhood. You can tell a lot about hoarding issues, area companies, hidden homeless camps.
@RealHomeRecording 3 ай бұрын
Street view on Google also is pretty cool.
@cocostrayer6667 3 ай бұрын
Also be careful of any undeveloped parcels adjacent to your property of interest. Our peaceful, rural subdivision of large lots is now hemmed in by sardine subdivisions, a shopping center, and other commercial buildings where lovely quiet pastures and forests stood for decades.
@karenkramer3760 3 ай бұрын
@@cocostrayer6667 Damn. That's a good point. How far is it from you?
@Mr.LaMora 3 ай бұрын
Best advice I could give is don’t buy a house in 2024
@SuperFlashDriver 3 ай бұрын
@@Mr.LaMora It's this reason why I'd prefer an underground bunker with a mailbox outside of it rather than a house...But that's just me.
@badboybootz8 3 ай бұрын
I make 80k a year and cant buy a house in florida its disgusting
@spencermoeller2629 3 ай бұрын
Down payment will get you a house
@badboybootz8 3 ай бұрын
@@spencermoeller2629 I dont need down payment I have VA loan
@beyoutifulglam 3 ай бұрын
@@badboybootz8 The market is so hot in Florida, most sellers wont even consider VA or FHA loans it really sucksssss! I hope you´re able to find a property you like, thank you for your service.
@sinamen516 3 ай бұрын
Relatable smh
@parker4298 3 ай бұрын
Same. I am buying a condo this month and my friend is paying half of the mortgage
@blynn2883 3 ай бұрын
Older millennial here! Got divorced in 2020 and moved to an apartment for a year to take my time looking for a home. Housing prices doubled, inventory plummeted, and interest rates skyrocketed. I was almost priced completely out of the market. I think you touched on nearly every one of my regrets. My plan is to just stay put for a good amount of time and course correct when it makes sense.
@rangequeen 3 ай бұрын
Sorry to hear. I hope things turn around. Wishing you the best!
@dont_trust_any1_even_ur_waifu 3 ай бұрын
got divorced, yikes sorry for your fail
@marthareis5873 Ай бұрын
I'm sixty in the same position -- got divorced and lost house just before prices exploded. Just have to find a way forward...
@SnoopEastwood 3 ай бұрын
Should have bought a house in 2012 when i was in middle school
@lorenzo5687 3 ай бұрын
😂😂😂
@robinthestate6548 3 ай бұрын
Same
@Donkiko-bz1lv 3 ай бұрын
Buy now or buy when you’re 60 years old 😂
@darex0827 3 ай бұрын
Dude, too old. Should have bought on a zero down 30 year fixed when you were born.
@rickrobinson8417 3 ай бұрын
Live and learn
@TheKad33 3 ай бұрын
Mine isn’t regret about the home itself , but more about the HOA it’s in.
@IRLSuperb 3 ай бұрын
Why would you buy a house with an HOA? I avoid it like a plague
@nrm3247 3 ай бұрын
Bad
@kyle6703 3 ай бұрын
HOA’s are a RED flag… Avoid HOA’s at all costs if you prefer autonomy and freedom to do what you like with your home and property.
@Utubeacct 3 ай бұрын
Same here i am anti-hoa!
@teacupteddybear6778 3 ай бұрын
I rent in a effing hoa and they're a god damn head ache I will NEVER buy in a hoa
@GetIrked 3 ай бұрын
As a homeowner who's had to replace a few garbage disposals, the "garbage disposals last a few weeks" line nearly made me fall off of my couch laughing! 🤣🤣🤣
@whichri79 3 ай бұрын
I've never replaced one
@twelvenation985 3 ай бұрын
@@whichri79 some ppl treat as a actual GARBAGE. ive had to yell at ppl for what they wipe off their plate into my sink becuase no one ever taught how to use it or dont understand not everything goes in it
@rebeltheharem7028 Ай бұрын
@@twelvenation985 Indeed. It's just for small crumbs to prevent pipe build up when you don't catch them in time. You don't throw everything into it.
@jmarks2k1 3 ай бұрын
"Rent is the most you'll pay every month" ... ... until your landlord increases your rent next year (and the year after that, and the year after that, etc.)
@occupytosavetheworld 3 ай бұрын
The operative phrase there is every month. Of course rent increases occur but the sky is the limit with homeownership on a monthly basis. That's is his point.
@RockyTopYoullAlwaysBe 3 ай бұрын
2023 to 2024 my rent went down by $100/mo
@auggieoutdoors3325 3 ай бұрын
Homeownership comes with variable input costs of which renting does not.
@pedro72246 3 ай бұрын
Move to a cheaper place every year then it goes down down down
@VgVi13 3 ай бұрын
@@RockyTopYoullAlwaysBe You are definitely one in a million. Lucky you.
@MablePauls 3 ай бұрын
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
@Stephine-un5zs 3 ай бұрын
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
@SirBenjamin-oq1wd 3 ай бұрын
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
@Elizabeth-mh2dj 3 ай бұрын
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
@SirBenjamin-oq1wd 3 ай бұрын
Just research the name Angela Lynn Shilling. You’d find necessary details to work with a correspondence to set up an appointment.
@Elizabeth-mh2dj 3 ай бұрын
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
@EricAndradeMusic 3 ай бұрын
I wouldn't say that I regret it, and I'm not sure many others do. But you really need to understand what you're getting yourself into. You're taking on a very large loan for 15 to 30 years. Are you okay with this? Do you understand the responsibility that it comes with? No matter what job you have, what problems you're going through, or what bad luck comes your way, you have to pay that mortgage.
@ph1426 3 ай бұрын
as someone who just wrapped an over budget, over time renovation don't think you got away with going from 25 to 35% over budget.....I heard it, I felt it, I cried.
@Thrivinglife3835 3 ай бұрын
Same here, I underestimate the renovation cost… it was a great learning experience.
@camyronbrown 3 ай бұрын
Closing on a home next week. Might as well cry while I watch this.
@GrahamStephan 3 ай бұрын
Congratulations!
@camyronbrown 3 ай бұрын
@@GrahamStephan Thank you! Recent subscriber. Love the content.
@Lazzil 3 ай бұрын
@@camyronbrown Hey, at least you got your foot in the door. If your inspection shows any kind of wear or deterioration, replace it asap. Taking a more proactive approach to maintenance will reduce overall repair costs and add value to your home.
@6speed818 3 ай бұрын
You just made that seller rich. Why can't you people have patience
@thadlm2698 3 ай бұрын
@@6speed818FOMO…YOLO…😂
@renegomez6679 3 ай бұрын
I’m 25 have 100k saved and still live with my parents. I really wanna buy a house but I don’t wanna get a bad deal either. Although I’d love to be on my own I’d rather wait things out and keep saving.
@marcusschloredt3423 3 ай бұрын
Move out bro Your parents deserve to move onto next phase of their life and you are stalling growth I waited till 24 and regret it
@NiceGuyDan08 3 ай бұрын
Man if you have 100k you can easily qualify for a house in the vast vast vast majority of locations. My advice would be to house hack. I wish I would have done that years ago to start out
@Donkiko-bz1lv 3 ай бұрын
You have money to move but it seems like you’re afraid to move and face life on your own. Your parents will be gone one day and you will be a weak person to face the real life. Move now Man! At least you will still have your parents for support in case of an emergency.
@missalicesmiles 3 ай бұрын
@@NiceGuyDan08the mortgage, property tax and insurance may not make it feel worth it if they already have a good living situation going
@NiceGuyDan08 3 ай бұрын
@@missalicesmiles I'm not necessarily saying they SHOULD do it, I'm just saying that they have more than enough to do it if they want to.
@MichaelKennether 3 ай бұрын
Thanks for sharing FET and AMS89H. 💯
@SanjayKumar-xf6fe 3 ай бұрын
Why everyone is talking about AMS89H?
@shankaryaadav3750 3 ай бұрын
really good project
@janakkumargond2111 3 ай бұрын
AMS89H IS HUGEEEE!!!! 😎
@ramieshmiddleschool2182 3 ай бұрын
my friends told me to buy this
@ChandhuDola 3 ай бұрын
THis will change the world of cryptocurrency
@ubuntunewb 3 ай бұрын
Millennial here, 1st house purchase on 2017, we did go with asking price, but asked for half closing cost covered by sellers. We are purchasing a house now, with experience, we are buying in a great neighborhood, under asking price plus closing costs concessions, and additional repairs from inspection. Do not get taken, do proper due diligence!
@BrittScholler 3 ай бұрын
Although I have interests in global economics I don't watch the news anymore... I have enough FUD lol. Thanks for this news and offering your insight on how to navigate during unfortunate times/events like this. You're right about keeping level headed when investing so that's why I think it's important to limit the amount of FUD we consume. I don't watch the media but the news that you present has enough to know issues going on without riding the emotional rollercoaster if I were to watch the news everyday. Now I buy and just trade long term more than ever, I have made over 16 btc from day trading with Francine Duguay in few weeks, this is one of the best medium to backup your assets incase it goes bearish.
@DougDuhart-do6oi 3 ай бұрын
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
@EvarCristina 3 ай бұрын
This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.
@karami84 3 ай бұрын
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
@Matt3Levine 3 ай бұрын
It really helped trading with Francine Duguay analysis and info, even with the market in a downward trend. Definitely riding the market wave is a good perspective..
@KiraHdez 3 ай бұрын
I read about her too on the website. That is how I get connected to her. Thanks for putting this down here
@flyingwombat4412 3 ай бұрын
What are odds that ill need to replace garbage disposable by end of video??
@GrahamStephan 3 ай бұрын
Extremely high.
@Triginhil 3 ай бұрын
It broke during the time it took to leave that comment
@youngblood23rb 3 ай бұрын
Only because people use them as a wood chipper or meat grinder
@6speed818 3 ай бұрын
It's free in California I don't even know why he brought this up
@iammeatyjuggernaut1245 2 ай бұрын
scamming people hard earn money to get reach please teach me
@darkrood 2 ай бұрын
Easy: Posing as a financial guru, collect ad money and promotion from scammy companies, => actually becomes rich
@unconventionalideas5683 3 ай бұрын
This is a really serious problem. Most people have no conception of how increasingly volatile the US real estate market has become owing to mismatches between demand and supply in terms of housing types, with too much single family housing out in suburban or rural locations relative to demand and not enough apartments or other multi-family housing, such as town houses, duplexes, triplexes, quadplexes, bungalow courts, dingbat style apartments and probably a lot of others that I have forgotten about or could not include here.
@royseaberg2214 3 ай бұрын
Dingbat style apartments and bungalow courts? Those are new ones I haven’t heard . Buying duplexes up to quadplexes is a good idea due to FHA loans as long as you’re willing to live in it for a year. I don’t know a lot about real estate but I heard FHA loans are good but the property has to be owner occupied to get the loan and why you have to live there a year in exchange for loan
@AutoroTink 3 ай бұрын
Not related to this video…but is Graham going to give an update on what’s going on over at Yotta?
@zxdan7370 3 ай бұрын
I've been watching your content for years and have always loved it and all the financial advice that you give through your content, so thank you.
@ZackSeifMusic 3 ай бұрын
With an average house in my area being 450k and interest rates still 6-7% it's stupid to move right now. There's no light at the end of that tunnel because it will not double in value and keep up with future inflation 15-30 years from now. Something needs to change.
@ryang1963 3 ай бұрын
I miss the old Graham. No video sponsors and ads, and providing fresh insight not just spewing out the same stuff every time 😢
@brandylis 3 ай бұрын
Hi Graham! I signed up with Yotta after watching your video a couple years ages. Now I am not able to get my money out if the bank. Did you have any updates on the bank?
@jimmbear3998 3 ай бұрын
Can you do a video about what is happening with Yotta Bank?
@cbaum64 3 ай бұрын
15:25 - It seems you’re just fundamentally not understanding why regular people want to buy a house, and what it’s like to be a renter in an apartment that costs too much and has issues like water intrusion, limited space, noisy neighbors & sound bleed, etc etc etc. A lot of people are just willing to go into debt to have their own space and peace of mind. It’s not always about the “investment.”
@jesush9940 3 ай бұрын
Keep in mind that when you rent, YOU STILL PAY FOR THE REPAIRS OF EVERYTHING. It's built into the rent. So! If you own the home, you pay for everything but eventually the home is yours. If you rent, you pay for EVERYTHING and the home is never yours. Also, rents go up. Your mortgage wont. So buying is still king.
@willowandluka5302 3 ай бұрын
Yep, renting essentially makes you a modern-day slave. You work for a roof over your head, but you end up with nothing in the end.
@austingeorge6659 3 ай бұрын
@willowandluka5302 except you eventually unalive and you can't enjoy your weekends cause you're doing chores. People just choose the lifestyle they want. I own the stuff I enjoy (bikes, electronics, and outdoor equipment).
@JV4L 3 ай бұрын
Glad younger generations are realizing homeownership isn’t everything. It’s been so overhyped for so long that everyone stretches to overpay for houses, which contributes to the crisis. If everyone becomes rational about their home buying decisions it will slowly deflate the bubble.
@solologging2488 3 ай бұрын
Wait until you’re retired and you’re homeowner friends are living their best golden years traveling and golfing because of their PAID FOR HOME! While you spend your retirement days checking receipts at Walmart because your rent is 5,000 a freaking month! Only then you will realize homeownership is more than just a status symbol or a trending thing it’s part of a robust financial plan to ensure that your later years are as stress free as possible
@JayJayLee 3 ай бұрын
@@solologging2488 this.
@steven5096 3 ай бұрын
@@solologging2488👏🏽👏🏽
@6speed818 3 ай бұрын
California everything pending.
@6speed818 3 ай бұрын
@solologging2488 worst time to buy. It's not like houses will be moving up 30 40% again.
@Arc_514 3 ай бұрын
Can you make a video explaining how to value a home and see if the price makes sense. Like what things do you look at to know if it’s worth it?
@Helena-ou8ry 3 ай бұрын
Land my friend, then add building by square footage times by age and what it’s made of. Certainly there is also the consideration of what can be done with it eg. An 800 m2 block may be divided into two properties so a seller of 750 m2 might not get as much. School catchments ect can affect prices.
@subanark 3 ай бұрын
I bought a house last year. I really didn't have much choice, becoming disabled meant I would need special accommodations, and my current place's rent is way to afford on a disability insurance plan. Fortunately I was able to purchase a duplex from someone who was desperate to sell and I live on one side, and a family member in another (who doesn't have a high paying job). This allows someone to be there if I need assistance, lets me add accommodations to the place. (I paid in full, no mortgage)
@HugoLawrenceValentin 3 ай бұрын
Wow I just bought a home cash… you should of told me this before😂😂😂
@buzztrucker 3 ай бұрын
I've said it to friends, acquaintances, and even strangers. Owning a home is not for everyone. At the end of the day everyone needs a place to live, but how they choose to pay for how they live matters.
@jarde1989 3 ай бұрын
I bought a condo last year at a 7% interest-rate No regrets, already worth $30,000 more than I owe on it
@user-nx5fx5ky6u 3 ай бұрын
It's just the number. Ther true is Are you really can sell you condo.and make the profit ?? Don't forget agent cost and other cost that you need to pay to sale your condo.
@Donkiko-bz1lv 3 ай бұрын
Condos take a long time to sell.
@FastSloW-qt8xf 3 ай бұрын
@bohatybr yeah that's a disaster.
@laerik0520 3 ай бұрын
LOL Redfin and Zillow has their estimates but doesn’t mean you can sell it at that price. Condos are really hard to sell because most people who are looking for home are looking for houses. Also factoring in the HOA payment every month, it makes it super unattractive. Good luck in selling it in the future. It costs more money to buy a condo than renting it.
@artemiscool67 3 ай бұрын
Dude, good for you. If you bought it b/c you're not trying to profit and just want somewhere to live then awesome. Some of these folks are so stuck on numbers they forget you still have to live somewhere
@MaryLawson874 27 күн бұрын
I'm in Michigan, and the housing market here over the past 7-8 years has been unprecedented. Houses that were purchased for $130K in 2015 are now going for $590K. These are tiny, poorly constructed 950-square-foot homes in quiet, mediocre neighborhoods. Meanwhile, nicer, average-sized homes in better neighborhoods that were over $300K a decade ago are now selling for $750K+. It's wild.
@austinolaes6998 3 ай бұрын
We should of been buckling down on our real estate investments, instead of riding our bikes and going to elementary school. Such wasted time. I can only blame myself.
@camere1 3 ай бұрын
Next Video: Why you should buy a home in 2024
@jaggaadaku 3 ай бұрын
Thanks Graham. I appreciate the video. Can you make a 2025 or 2026 housing market prediction video? Where you share your ideas on what the future looks like
@benjamindouglass802 3 ай бұрын
Quick summary of what he will say “Don’t buy, the market is going to crash” just like every other year.
@mannya_realtor 3 ай бұрын
It is true that rent is the most you'll pay every month, and a mortgage is the least. However, in the long term, every home I've purchased has appreciated in value far more than the cost of maintenance.
@4X4ish 3 ай бұрын
Until it doesn’t because it’s overinflated. Houses are a depreciation product like a car is, it’s only the land that is valuable.
@dsha2006 3 ай бұрын
Maintenance costs in Phoenix area are very high. Average toilet installed: $900. Painting house (required by HOA after things start peeling): about $5k. New HVAC system: $8k (and this was on the very low end, I was quoted $15 and near $18k. Also don't forget auto repairs. We have a 2014 minivan. Almost every time I go to shop there's $1-$2k of recommended repairs.
@dynamopro2928 3 ай бұрын
You got a new HVAC for 8k? Mentor me in all of life.
@BucketGetter248 3 ай бұрын
Hey Graham! Great video! Would love to see a video on your thoughts on Dave Ramsey's Baby Steps compared to the Money Guy's Financial Order of Operations and to get your take on the best order to manage your money. Keep up the amazing work!
@ECmom 3 ай бұрын
He has made the video a while ago if you search it
@vinjames9334 3 ай бұрын
I have no regrets selling. Had 250k put into my pocket. Paid off all my family debt, full emergency fund, and beefed up my investments. purchased new house lower than 2008 value. Put aside 100k for renovations. Will have almost half-mill in equity. Once rates eventually, if ever, will cash out refinance that out since my mortgage cost is pretty reasonable for the property.
@Socal2498MicroVideos 3 ай бұрын
I might be the exception. Bought my place thirty-five years ago in San Diego, California for $268,000. I put down $200,000 and payments were around $500.00 a month and paid that loan off in 2011. After 35 years finally getting around to renting out 19.5% of the house for depreciation reasons. It's never ending fixing or replacing drains, cleaning landscapes or replacing fences. As I move into retirement age will keep this going to finance my operating expenses. The reason being don't want to go on Medicare. As a rental making over $14,000 a year will qualify for CoveredCa. Because CoveredCa is less expensive than the governmental Medicare. Then maybe around age 70 years old will collect Social Security if it still exists ~
@nellygv14 3 ай бұрын
Some things to be aware of with converting a property into a trust - depending on your local property tax laws, some counties may consider any type of ownership change a reason to trigger an appraisal, which may end up in higher property taxes and subsequently having to go through a hearing with the local tax board. I know because we are going through this process ourselves. Also, you'll have to let your insurance know, which can also cause some issues. Finally, you likely CANNOT take out a home equity line of credit on a property in a trust. Make sure you read through all the nuances of converting into a trust before doing so! Yes, it can provide a measure of anonymity and makes estate planning easier, but it is not without its downsides.
@HomestarCrawler 3 ай бұрын
Yeah, me too. I regret not buying a house 5-10 years earlier. Better a bit late than never though.
@tennamkha1030 3 ай бұрын
Too late buddy, already just bought… why do you KZfaqrs keep flip flopping ? Buy a house now guys! Now it’s don’t buy in 2024. Just be real about it !
@ProIific 3 ай бұрын
Market manipulation…he only interested in lining his own pockets. Hopefully congress grows a pair and starts regulating commercial investment in single family homes.
@topicalstormofficial 3 ай бұрын
He makes money off making “content.”
@TzUuup 3 ай бұрын
@@ProIificI don't think Graham is one of those. He isn't big enough. Now Barbara from shark tank? As much as I like her, I think she is one of them
@HH-le1vi 3 ай бұрын
@@ProIificthe man literally hasn't brought property in a long time. He doesn't care. He's got rental properties and makes enough from his other sources of income that it doesn't make a difference to him. You cynics can't ever have anything nice without downing someone else
@kidilantraveler 3 ай бұрын
You're right in buying, you'll come to know another 10 years. Never mind this idea. Home will save you through your life. I like Graham though.
@devestator7512 3 ай бұрын
Garbage disposal do not break ever few weeks unless u r using it wrong its not a black hole to dump anything into
@AS-gf5jn 3 ай бұрын
It’s a fun dream til it becomes a nightmare. Many don’t think about taxes, maintenance, constant care. Owning a house is work. Constant work.
@YourBoiSlifer 3 ай бұрын
Talk about yotta bank
@k00patr0upa3 3 ай бұрын
Yo! What's up with Yotta? Where's my money at?
@pmodi1104 3 ай бұрын
Boomers literally ruined our entire lives. Just as we’re getting ready to buy houses it’s the worst housing situation ever
@colin31928 2 ай бұрын
Never trust a guy showing off a car. Click bait. -CPA
@PivotGuy401 3 ай бұрын
Why am i watching this i still cant afford a home lmao
@GrahamStephan 3 ай бұрын
One day!
@Donkiko-bz1lv 3 ай бұрын
You’re here because you’re tired of living in apartments 😂
@josephharty5048 3 ай бұрын
Your opening… “what’s up graham, it’s guys here”
@christopheralan7600 3 ай бұрын
That’s how you know it’s bad news.
@user-bj8nn7os1p 3 ай бұрын
😂
@TzUuup 3 ай бұрын
It's getting pretty annoying. Clearly doing it on purpose
@KYLE_FROM_THE_FUTURE 3 ай бұрын
Ok, I was like did nobody catch that 😂
@jahigains9201 3 ай бұрын
He does it because people asked him to, so now it’s a thing he does
@timoleary1428 Ай бұрын
Subscribed. Good data backed information and well spoken with a hint of humor.
@timbakner6073 3 ай бұрын
Bought in 2014. Can't stress enough that repairs are a lot of money
@jaedenwishman3490 3 ай бұрын
I was just watching your how much home you can afford video from 10 months ago and was hoping you had an updated video. What do you know, you just uploaded a new one an hour later!!!
@hoopandhands3328 3 ай бұрын
Well lucky for me I can't even buy until 2025. So I'll just take my time.
@GrahamStephan 3 ай бұрын
Patience is definitely key in this market
@Donkiko-bz1lv 3 ай бұрын
Me too I’m timing it for summer 2025 if I keep saving and working hard I should have 100l for a down payment.
@stevenknight6756 3 ай бұрын
Yeah yeah, but "rent is the most you will pay for" only applies until you need to renew your lease, which seems to be in shorter time intervals than the past and the rates keep rising. We got to the point, as renters, that we weren't paying much more for a house at all so we bought a house last year. I'm paying an extra $1000 toward the principal and in 10 years it'll be mine. I've been renting for almost 20 years and that market is just getting worse, too.
@TMXP87 3 ай бұрын
Me with my therapist: The year was 2016 and they kept telling me to wait until the house prices go down, but they kept going up 😢
@FastSloW-qt8xf 3 ай бұрын
I grew up on the tracks. Right up from a crossing that requires the horn at all hours. Trains literally shook my parents old house. Can still buy those homes in pa for under 100k move in ready. The trains are kinds nice when your used to it
@valeriew4833 3 ай бұрын
Yeah there's a train track right behind my house, 20 years and never get used to it, trucks going over the tracks shake the house, and there's an airport nearby so there's loud helicopters and airplanes flying very low that are very loud. Sigh
@Navs126 3 ай бұрын
@@valeriew4833that sounds like absolute fucking torture!
@rangequeen 3 ай бұрын
I live right by the airport and you don’t really hear it or it doesn’t bother you when you get used to it.
@Austin-sv6io Ай бұрын
Living in PA is a fate worse than trains.
@eliz4463 3 ай бұрын
I have been trying to buy a house for a while now but it has not worked out because the market keeps moving. I have been getting antsy, so I needed to hear this, lol. Thank you!
@Donkiko-bz1lv 3 ай бұрын
Keep saving and buy next year .
@youngblood23rb 3 ай бұрын
Keep saving, get out of debt and talk to home owners in the area you want to live, get a clear understanding of property tax and insurance cost
@6speed818 3 ай бұрын
Why would you want to buy in this market. Your making the People rich that selling it.
@youngblood23rb 3 ай бұрын
@@6speed818 Prices arent coming down and neither is rent
@huynguyentoantin 3 ай бұрын
that's why his channel is popular :)) Psycho medicine
@TiagoRamosVideos 13 күн бұрын
Great 👌
@ninachrone 3 ай бұрын
Are you going to do a video on the Yotta collapse? You got a lot of people into it, you should help them get their money back by explaining the fdic insurance etc.
@um375 2 ай бұрын
What's bad is you promoting scams. First FTX now Yotta.
@robertruschak7083 Ай бұрын
Graham Stephan cannot help himself from grifting
@timmydough 3 ай бұрын
Graham, Can you make a video discussing what's going on with the Yotta and Synapse situation? Synapse filed for bankruptcy and now all transactions at Yotta have been frozen with no timeline provided.
@samuelapthorpe8531 3 ай бұрын
Yes please do
@Ridingaroundandgettingit 3 ай бұрын
Yeah forreal wtf happened
@SAMMl 3 ай бұрын
Hi Graham! Does this also apply to Rental Properties?
@rubysummit7781 3 ай бұрын
Garbage disposals break every few weeks 😂 Spoken like a true homeowner
@tyroilsmoochie-wallace 2 ай бұрын
GIVE ME MY MONEY BACK STEPHAN!!!!!!
@tylerrudd5461 3 ай бұрын
Worked out for my first home. 2.80% interest rate. The value of the home is up about 80%. Downfalls, property taxes and insurance have almost doubled since purchasing.
@GregActonCPA 2 ай бұрын
Interest rates are crazy right now, it makes home buying very difficult. I would suggest doing everything in your power to be ready to buy the right house when the right time presents itself. High interest rates don't have to be a deal breaker if you are smart and buy a house you can afford (even with the high interest rates).
@Daniel.rangel 3 ай бұрын
Graham, could you make a video on how you run the numbers to determine whether it's worth it to purchase a property?
@thugblaster303 3 ай бұрын
Hey Graham, a video for current homeowners looking to upgrade would be a helpful video. Many of us feel stuck in starter homes with a low rate. I feel like now’s the time to buy as even if rates are up home prices will raise when they drop rates. Like button pressed!
@pedro72246 3 ай бұрын
Sell now and rent. Did you even watch the video?
@GrahamStephan 3 ай бұрын
Great suggestion! I’m seeing this become a LOT more common lately.
@thugblaster303 3 ай бұрын
@@pedro72246 watching now, got to comment fast for Graham to see. Took the chance. Don’t forget to hit that like button!
@RickMckee-nq4ni 3 ай бұрын
Investors are extremely alarmed by the impending recession and the Fed's rhetoric of raising interest rates. My $600,000 stock portfolio has lost 25% of it’s value. Whats the best way to hedge my portfolio to make profit in this coming recession
@Erinmills98 3 ай бұрын
Everyone is uneasy due to the continuous wars in the Middle East. To get assistance with your portfolio, you ought to speak with an FA.
@martinruiz398 3 ай бұрын
Your primary residence isn't really an investment, it's just a means of shelter. One thing you forgot to mention as a benefit to home ownership is that when you retire you won't have any rent due assuming it's paid off by that time. I work with the dude in his '60s who can't afford to retire because he needs to pay his rent.
@james5460 2 ай бұрын
"Garbage disposals break every few weeks" - lol, garbage disposals are the biggest nuisance, if mine hadn't come with the house I'd never have one. But since the piping is all oriented around it, I just replace them when they start leaking, fortunately usually under warranty.
@nataliasoloviy3617 3 ай бұрын
This is one of the most important and valuable videos about homeownership. I hope everyone watches before buying a house 🏡. Thank you
@andrewbeltran5795 3 ай бұрын
I’m 26 and married. Our first baby is due in a couple weeks. We make $115k+/year. We drive used cars with no payments. My favorite color is blue. Pizza is my favorite food. I’m currently typing this with one hand. I’m a size 13 shoe. I hate the cold, cats, and snakes. This me reminds me of the one time and completely forgot the point of this comment.
@IRLSuperb 3 ай бұрын
Here’s a cookie 🍪
@Donkiko-bz1lv 3 ай бұрын
Take care of that baby buddy
@Goodiebar18 3 ай бұрын
Sometimes I bring a bud light with me In the shower.
@FastSloW-qt8xf 3 ай бұрын
Thanks for sharing andrew
@todddunn945 3 ай бұрын
Just a reality check. Mortgage rates are no where near record highs. Take a look at rates back in the 80s. Since 2001 rates have been at record lows until the last year and a half when they finally went back to normal. Maintenance is easy, just do it yourself. I am thinking of moving which will mean selling my house. I am not at all concerned about mortgage rates. I will just pay cash for my next hose. I am also retired, so I don't care about jobs or anything like that. All I need is to have a nice ocean view and reasonable proximity to health care. Oh, I also don't want to be able to hear or see the neighbors.
@BrandonWestfall 3 ай бұрын
“Garbage disposals break every few weeks.” Lol, you’re not wrong.
@toxicthesniper8264 3 ай бұрын
Time in the market beats timing the market all of the time. I live my life by this
@austingeorge6659 3 ай бұрын
Except when you buy at the absolute top and disinflation begins. "Every time" only counts when you can see the future; we can only see the past.
@patrickbutras5893 3 ай бұрын
Why regret it? Keep paying your payment and keep it moving…
@handsomeyoungadult 3 ай бұрын
“man i really regret taking this job but i’m going to work here for the rest of my life anyway”
@huynguyentoantin 3 ай бұрын
@@handsomeyoungadult oh you don't have to stay in your house for the rest of your life
@joevisone9131 3 ай бұрын
Great insight, Graham! Maintenance costs are certainly higher given inflation continues to run rampant. Since you also included Property tax in that statistic that also strongly drives those costs up given appreciation has a direct impact on property tax costs. It's not realistic to purchase a home on the brink of your budget. Folks should rent until they can put a substantial amount down on a home that has a monthly expense amounting to more than 30% of their household income.
@theorfander 3 ай бұрын
A home is meant to be lived in. As a millennial do I want to pay 15% on a loan? - NO. Do I want to pay stupid prices for a home? - NO. But I've waited 10 years for prices to "get back to normal" and at some point you just have to accept the insanity and get on with your life.
@JhonLd 2 ай бұрын
Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta Yotta
@mikeroni 3 ай бұрын
One counter point I’d offer to this video - with how competitive the market is, it feels like buyers don’t really have the time to thoroughly analyze a home before it’s snatched up by someone else
@alonzor.2912 3 ай бұрын
This is exactly what I’m saying. I was just telling some family members over the weekend that at this point you have to bite the bullet and be willing to pay the price houses are being sold at if not they will be snatched up and/or find others at higher prices. It is ultimately a losers game
@crimsontech0000 3 ай бұрын
In cases like this, it’s important to know what you want and what you’re willing to pay before you go look at a particular house. That way you will be ready, if the property checks all your “must have” boxes and hopefully a couple of your “nice to have”. I put down a deposit for a new build last month and feel like I rushed, but I knew what I wanted before I even visited the models so I knew the price was competitive and within my budget. I’m going to have to invest some cash to upgrade some of the more “basic” builder grade stuff but I’m ready for that.
@Distortic 3 ай бұрын
One problem with people overbuying houses especially in recent years is that they JUST started making over the median income and choose to be house rich and money poor. Why so many people make over a 100k and live paycheck to paycheck.
@jamesrobinson7381 3 ай бұрын
One lesson I learned when I bought my 2nd house. Don't settle for something average. Before putting in an offer ask yourself if I had to settle quickly what is so special about this house that would help me unload it fast if I needed too? For instance, location to a park, a school, a great view, water feature, etc.
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