Investment Analyst Reacts to Finance TikToks - Part 7

Comments · 1K

• TH

  @ThePlainBagel · 2 years ago · pinned

  Quick Correction: in the first tax TikTok, I mention needing to be incorporated to deduct expenses. This was a mistake - I meant to say you generally need to be self-employed, which doesn't require incorporating (you can deduct expenses as a sole proprietor). Apologies for the slip up.

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• KO

  @KoboldAdvocate · 2 years ago

  How to grow a portfolio from 500 dollars to 4.7 million dollars:<br>1. Put 500 dollars into an account<br>2. Put another 4.7 million into that account

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• RO

  @robby95036 · 2 years ago

  &quot;Everything is tax deductible until you get audited&quot; - The Money Guy

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• RA

  @rakewell · 2 years ago

  “Just pick the best individual stocks bro” is the same as saying “just bet on the correct number on the roulette wheel”

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• JA

  @jakesux7250 · 2 years ago

  I mowed lawns when i was 10. I bought a paintball gun, not a property. No regrets

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• RU

  @Russell_Nash · 2 years ago (edited)

  I love that last &quot;advice&quot; <br>1. Be given $300/month from parents.<br>2. Invest it in something that pays 10% a month.<br>OH!!!! &nbsp;so all I have to do is receive free money and invest it into something that provides unbelievable amounts of returns. &nbsp; OF COURSE!!!!!

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• OA

  @Oakley5100 · 2 years ago

  I love the girl in the second one about index funds going through all of her individual stocks but yet she moves her head and gives away that her overall portfolio is negative anyway lol.

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• AL

  @alesssandrocolcerasa2033 · 2 years ago

  <a href="https://www.youtube.com/watch?v=FYoqVdM0mxQ&amp;t=685">11:25</a> Yeah, why does no one copy the queen of england&apos;s investment strategy of being born into the royal family? We&apos;re clearly all thinking too small

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• NI

  @Nixitur · 2 years ago

  Cardone really just said &quot;yeah, just get $300 allowance a month as a 14 year old, easy&quot; and didn&apos;t even blink, what a ridiculous person.

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• XX

  @xxfloppypillowxx · 1 year ago

  My mom is a tax partner for a large accounting firm and one of the wildest tax deductions that a client tried to claim as far as &quot;yeah that&apos;s not how it works&quot; was a client who had tried to deduct takeout food for their family because it &quot;freed up time for me to work more so that makes it a business expense&quot;. Like what?

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• BA

  @badluck5647 · 2 years ago

  Robert Kiyosaki has been using his fame from &quot;Rich Dad, Poor Dad&quot; to sell bad and unethical financial advice for decades.

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• TI

  @timelston4260 · 2 years ago (edited)

  I suspect Kawasaki realized he could make more money selling fear than investment knowledge. He checked in his integrity and went all in on grift.

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