I've heard of financial geniuses but Graham Stephan is beyond expectation.  I believe he may be superior to Aritificial Intelligence super computers.

 

 

 
1.92M subscribers
 
SUBSCRIBED
 
 
Get 30% OFF your first bag of coffee with Trade Coffee when you click here: http://bit.ly/tradegrahamstephan Enjoy! Add me on Instagram: GPStephan Get 2 Free Stocks on WeBull when you deposit $100 (Valued up to $1400): https://act.webull.com/k/Vowbik9Tm5he... The YouTube Creator Academy: Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF My ENTIRE Camera and Recording Equipment: https://www.amazon.com/shop/grahamste... I thought this would be a fun video, to go back to the basics and cover EVERY technique I’ve used that’s allowed me to save almost 100% of my income and essentially “Live For Free”. FIRST: LIVING FOR FREE This is when you buy a multi-family home - like a duplex, triplex, or fourplex…then LIVE in one of the units, and rent the others house to cover your cost. You could also buy a single family home with a detached guest house, or maybe with a basement that you rent out to cover your overhead. Typically, when done right…the rental income from the other units will cover your entire cost of owning the building - and when that happens - you’ve essentially got a free place to stay. VIDEO HERE: https://youtu.be/smvvTw5GhyM SECOND: DRIVING FOR FREE There ARE cars out there that you can buy, under market value, at the bottom of their depreciation curve…that don’t lose much value during the time that you drive it. For example, MANY used cars reach this point after about 5 or 6 years where the depreciation levels off, allowing you to use it without costing you a lot of money. Then, at the very least - the only out of pocket cost would be insurance, maintenance, and gas…which, if you find yourself a reliable car, and don’t get speeding tickets…it shouldn’t be much money. THIRD: TRAVEL FOR FREE Credit card companies will offer incredible bonuses JUST for signing up for their credit card. People who understand the art of how the system works, can use this to their advantage by signing up for said credit card, meeting the minimum requirements to get the bonus...then GET the bonus, redeem that for all types of free travel, and then move on to the next card and repeat the process again. First, obviously, you should NEVER do this is you have no idea how to properly handle a credit card. Second, NEVER pay a SINGLE DIME IN INTEREST. So lets make it clear: you won’t owe ANY interest when you pay off the card in full, when it’s due. Third, DO NOT DO THIS if you’re about to get a loan for a house, or a car. But if you can follow the above few steps and do your research about the best credit card reward bonuses to get…doing this can be a fun hobby that’ll end up making you a LOT of money in free travel, rewards, and perks - and that’s how I’ve been able to cut my travel expenses down to $0. FOURTH: MAKE COFFEE AT HOME If making coffee at home means that you can save just $15 per week on coffee…that works out to be a savings of $780 per year. And if you JUST invested that money every year, instead, in an SP500 index fund within a Roth IRA, earning an average of a 7% interest rate with dividends re-invested…over 40 years, you will have accumulated over $178,295.54. Thanks to Trade Coffee for sponsoring this video :) FIFTH: EATING AT RESTAURANTS Instead of going out to eat somewhere…it’s REALLY simple to go to the grocery store, spend $7, and make a restaurant-quality meal yourself, at a fraction of the price. SIXTH: GET FREE PARKING I just don’t see the point in spending $5 to $10 to park in a parking lot, when I could park a block away - for free - and walk to where I’m going, instead. To me, that’s like I’m getting PAID just to get a little exercise…and it saves me money. SEVENTH: TRACK YOUR EXPENSES This is like the glue that holds everything together, because without knowing how much you spend…you won’t know how much money you’ll need to sustain your lifestyle, and you won’t be able to effectively cut back on the things that aren’t really bringing you much value. Doing this is really, really simple…I use the websites Mint.com and PersonalCapital.com, which automatically keep a thorough report of how much you make, how much you spend, and where you spend it. For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
 
 
 
1.92M subscribers
 
SUBSCRIBED
 
 
Interest Rate Futures just began trading negative - here is what this means, how negative interest rates would impact you, and how you could get paid to borrow money - enjoy! Add me on Instagram: GPStephan Get 2 Free Stocks on WeBull when you deposit $100 (Valued up to $1400): https://act.webull.com/k/Vowbik9Tm5he... NEW: JOIN THE WEEKLY MENTORSHIP - https://the-real-estate-agent-academy... The YouTube Creator Academy: Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF My ENTIRE Camera and Recording Equipment: https://www.amazon.com/shop/grahamste... On May 8th, MarketWatch published an article on what’s known as the Federal Funds Rate…which is the interest rate that BANKS charge OTHER banks anytime they lend money to each other. For the first time EVER…those interest rates just began to go NEGATIVE. That’s because the contracts are trading at OVER 100…meaning, at these levels…you would invest $100 and 2 cents…and then get paid BACK only $100, which works out to be a NEGATIVE 0.02% interest rate on your money. And, the longer out we go from January…the more we can see interest rates are going negative. So, that lends the question…why would ANYONE ever invest money in something like this, EXPECTING that the outcome is that you’re going to back LESS money than you invested? Think of it almost like a safety deposit box, where you pay $50 a year to store your valuables…except, now, you pay the government to hold your money and keep it safe, for the small fee of 0.02%. Now, keep in mind…even though negative interest rates are being priced in to the market…it doesn’t mean that it’s going to happen. Investors right now are pricing in the likelihood of this one day being the case…or speculating that, if interest rates drop BELOW that…they can make some money…but, only time is going to tell how this will unfold…although if it does happen though…here’s the outcome: If that happens, it’s going to incentivize people NOT to hold on to their money, and - instead - spend it. The goal is to penalize people from saving too much, and FORCING them to spend or re-invest it back into the markets - THEREFORE, negative rates, in theory, would help lift the economy from that perspective. If you think this is absolutely just WILDLY crazy and that this shouldn’t even exist…well, there are quite a few countries that ALREADY have negative interest Raes: Switzerland is negative 0.75%, Denmark is negative 0.6%, Japan is negative 0.1%, Sweden is 0…and so is Spain. https://www.investopedia.com/articles... The PROS of doing this is, like I mentioned, it penalizes people and banks who hold too much cash - and it PUSHES people and banks to either lend their money more freely, or invest and spend their money back into the economy to help kickstart growth. The downside, though…is that, as we all know lending money is a RISK…and NO BANK wants to take a RISK that the borrower isn’t going to repay back their loan, AND pay that borrower for the privilege of doing so. Which means, if rates go negative…either lenders would STOP lending money, or they would end up charging fees upfront to make up for their loss. Not to mention, If people take their money out of banks to avoid paying interest, it could also cause LESS money to circulate through our economy. And really…at the end of the day…the purpose behind this is just to AVOID DEFLATION, where our money becomes MORE VALUABLE the longer we hold on to it - or, in other words, it’s the opposite of inflation. When THAT happens…people don’t spend their money, they hoard cash, and that could cause our entire economy to spiral into another endless depression. So, to fight back against that…rates are lowered, people can borrow more, they make less interest on their money so they would rather spend or invest it - and that helps keep a steady amount of inflation, while boosting the economy. For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
 
 
 

How I bought a Tesla for $78 Per Month

6,535,430 views
Apr 3, 2019
 
 
 
 
1.92M subscribers
 
SUBSCRIBED
 
 
I just bought the new 2019 Tesla Model 3 - here’s why it was only $78.39 per month. Enjoy! Add me on Instagram: GPStephan Tesla Referral Link: Get 1000 Miles Free Supercharging: https://ts.la/stephan88194 GET $50 OFF FOR A LIMITED TIME WITH COUPON CODE: THANKYOU50 - https://goo.gl/UFpi4c The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $125 million in sales: Join the private Real Estate Facebook Group: https://www.facebook.com/groups/there... Merch: http://www.GrahamStephanStore.com/ So how does a $40,000 car come down to a price of $29,450? To start, this car is eligible for a $3750 federal tax credit until June 30th, 2019. This means if you pay more than $3750 in federal taxes, you will receive this entire amount back at the time you file your tax return. That money is as good as cash. California drivers are also eligible for a $2500 Electric Vehicle Rebate, in which the state will mail you a check for $2500 upon showing proof of purchase. Now Tesla gets a little sneaky after this…because in that $29,450 figure, Tesla also So excluding the gas savings and only focusing on the first two, cash-value rebates, the ACTUAL price of the car comes to $33,750. For a brand new Tesla. Standard Range Plus. With AutoPilot. So here’s how I bought this car for $78.39 per month: Because I financed 100% of the car, my ONLY out of pocket cost was the taxes, license, and registration - which came to $4437.01 From the remaining amount I financed, my payment comes to $640 per month, or $7680 in the first year. That means, in the first year, my total out of pocket cost is $12,117.01 between my payments, taxes, insurance, etc. However, after the rebates and tax credits, that brings my TOTAL cost of owning this car for the first year down to $5867.01. Because this car is for business use, the $1438 I pay in interest on the auto loan is a tax write off, the $4437 in taxes, licensing, and registration I paid upfront is a write off, and I can depreciate the car against my income. That’s a $14,075 tax write off…which saves me roughly about $4,926.25 in taxes. So remember…my total out of pocket cost was $5867.01 after electric vehicle tax incentives. PLUS I save $4926.25 in taxes…that means I’m effectively buying a BRAND new Tesla Model 3 for $78.39 per month out of pocket…and realistically, this works out to be a FREE car when you take into account that MOST of that $640 per month loan payment goes towards principle, and that I can invest my money in real estate at a significantly higher return than what I’m paying in interest on the Tesla. But in terms of out of pocket cost: $78.39 per month. And after going through the experience buying a Tesla like this, completely sight unseen, without ever having driven one before, I have to say…I don’t understand the concern of Tesla’s no-dealership model. Personally, I think the entire worry is overblown - and I think we’ll start to see a lot MORE car companies embracing this online-only business model. We’re naturally entering an era where everything is done online. I haven’t been to a mall or physical store in FOREVER because it’s more convenient to buy it online, and USUALLY for a more competitive price because online stores have lower overhead, and that savings is passed down to the customer. And for that, I have to give Tesla credit for being the first to really challenge the traditional business model of selling cars. For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com My ENTIRE Camera and Recording Equipment: https://www.amazon.com/shop/grahamste...