Today we're going to be reviewing money and investment advice on Tik Tok and my response to som of the ways they suggest you make money - Enjoy! Add me on Instagram: GPStephan
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My thoughts:
Overall, some of the advice is pretty bad…some of it's pretty good...but at LEAST it gets people thinking about business and creative ways to make money. It isn’t so much to do with the day to day practicalities of making money, but sometimes - when you’re younger - all you care about is cool cars and easy, creative ways to make money without going o school - and even though those hardly ever work out, they get you pointed in the right direction - and then, from there, you can smash the like button 😉
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.
LIMITED TIME: Get 2 FREE STOCKS ON WEBULL when you deposit $100 (Valued up to $1400): https://act.webull.com/k/Vowbik9Tm5he/main
JOIN THE WEEKLY MENTORSHIP - https://the-real-estate-agent-academy.teachable.com/p/graham-stephan-mentorship-program/
THE NEW PODCAST: https://www.youtube.com/channel/UCMSYZVlQmyG8_2MkIKzg0kw
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/grahamstephan?listId=2TNWZ7RP1P1EB
My thoughts:
Overall, some of the advice is pretty bad…some of it's pretty good...but at LEAST it gets people thinking about business and creative ways to make money. It isn’t so much to do with the day to day practicalities of making money, but sometimes - when you’re younger - all you care about is cool cars and easy, creative ways to make money without going o school - and even though those hardly ever work out, they get you pointed in the right direction - and then, from there, you can smash the like button 😉
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.
What's up you guys, it's graham here, so i would like to think of myself as being social media savvy. You know i got a youtube channel. I got an instagram account that i post on every now and then i even have a facebook group that i browse every single day, but there's one thing that i cannot seem to wrap my mind around and that's tick tock and straight up anytime. I spend more than a few minutes on this app.
It just makes me realize that i am getting old. I just recently turned 30 and already i'm starting to feel like the old man just sitting in front of this house on the porch yelling at all the kids to get off his lawn. But anyway, tiktok is slowly evolving from comedy clips and bad, acting to a place where entrepreneurs can share their business advice and teach everyone else how to be wealthy all in the span of 30 seconds. So with that, i'm going to be pushing myself out of my comfort zone for a little bit, i'm going to try to do what all the cool kids are doing and i'm going to be sorting through all of the business and entrepreneurial tick, tocks, i'll review them And tell you whether or not they're legitimate or the cringiest thing in the entire world, i'm going to be doing all of this before it gets banned here in the united states for violating privacy protection laws.
So with that said, if you wouldn't mind just ticking the like button for the youtube algorithm it'll be greatly appreciated. You can also you can also talk it too. I have no idea if that worked. Maybe we just go back to smashing the like button for the youtube algorithm like the good old days.
Thank you so much and let's begin looking at some tick tocks here i have them up on my computer. So we're going to be starting off with this one by ryan, and this is a really easy one to start off with because it doesn't have any annoying background music. These are my neighbors over here. These are two million dollar homes, and then you have my house, which is across the street when you're looking at buying real estate, buy the smallest house in the best area.
I have no complaints about being the smallest house in the neighborhood. Those guys properties are going to push my value up. First of all, those don't look like houses, those are office, buildings just kidding, it's actually pretty decent advice and any time you invest in real estate. You never want to be an outlier for the area.
Typically, you'll get better resale and rental value by being one of the smaller homes, just surrounded by a lot of more expensive homes. So this is true the only case where i think this would be a bad idea is, if there's a zombie apocalypse and all of a sudden, he is the easiest target because he's just outside of those gates, but really, though, if we look at those gates, like Those look like really flimsy gates, who are they trying to keep out of with this at that height? What's the point, but overall you know what i agree with them and it's pretty good advice, although it's still quite the comment to say that he is the smallest house in the area while still having a two-car garage. What looks like to be about 3 000 square feet and a pool? I think it's really more like having the smallest mansion in the area, and now we got another one: what they don't teach you in college, how to make ten to twenty thousand dollars a month. Oh man, i wish that would actually be a class, though just how to make a hundred thousand dollars a year. One-On-One spend the whole semester just learning practical skills that will actually make you money like how to negotiate your salary. How to network with other people which careers are most in demand? Should you do the 401k matching what to say to your employer when should go off and start a business? How much money should you have saved up? Should you live with your parents until you're, 45 years old, just like real, honest, real world stuff? That's what we need to know, but no we get to learn that here on tick tock instead, so let's give this one a shot and see what this is all about. Here's something else! They don't teach you in college, it's how to make 10 to 20k a month without any cash credit or a degree. So you want to drive around your city looking for rundown houses.
Okay, once you found one take down the property address, here's another one! Look at this one crack foundation. I love how the caption is. There is so much money out there. That's literally someone's house, you're filming.
If you didn't know the context behind this, it looks like he's just casing places to rob like oh look at that one there's. So much money in there, then you go home, you go into the site, called truepeoplesearch.com, punching the address, hit, search and it will skip, trace and find the property owner phone number for you. Then you call the seller up, make an offer to buy their property using this formula now. First, we got this term here arv, which is called after repair value, which is what the home is worth in, perfect condition once you fix it up, and then you subtract 30 percent off of that, then we're going to be subtracting the cost to repair the property And then we're going to be subtracting your fee from that too, then we may as well just subtract your soul, while we're at it and what's left over is how much money you offer the seller.
So here's a quick example of how this would work. Let's say you find a property that would be worth four hundred thousand dollars fully fixed up, we're going to immediately go and subtract 30 percent off that. So now that's going to leave us with 280 000, but it's gon na take us a hundred thousand dollars in repairs. So now we're gon na knock that off as well, and then, of course, you need a ten thousand dollar fee for finding it, and that means we're going to be offering these sellers one hundred and seventy thousand dollars for their home. That would be worth four hundred thousand dollars fully fixed up. This to me seems more like a how to insult a homeowner with a really low offer tutorial. Would you consider 120 000 for your property all cash, and we can close on the date of your choice? No, why would i consider that my home is worth five hundred thousand dollars? Where did you get my number seriously? I get calls like this every now and then and it's a joke like i know what they're doing. I know what my home is worth and i'm not going to take a 50 discount on it just so you could go and pitch it to a real buyer.
Once i sell accept my offer, i'm gon na go to this website here and i'm going to send them a purchase and sell contract for them to sign. Then you go on craigslist put in, we buy houses and look all these investors going to pop up you're, going to call them up and see if they're willing to buy the property over from you for 10 to 20 000 or more than what you got on The contract for that my friend is called wholesaling and that's how you make your money, but then it says 100 legit, if done correctly. I would question anything if they have to use the words 100 legit now as far as the legality of this is concerned. In california, it's a bit of a gray area, it's totally okay, to use your own money to go and buy real estate without needing any real estate license.
But if you go and advertise or solicit that house to somebody else, then that's not allowed without a real estate license and that's a bit. Iffy you're also going to need to establish proof that you had the intention and means to purchase the property yourself. Not that you just drove around an area got a home under contract and then pitched it to some random people on craigslist. If this is done honestly and ethically, then i don't have any problems with it as long as it follows the law, but i will say this: even though you can make money wholesaling real estate, i rarely ever see someone successful long-term wholesaling real estate and most people Who i see making money wholesaling real estate are just teaching other people how to wholesale real estate, so i'm gon na go ahead and rate this one, a four out of ten.
It's really good that he's getting people thinking of ways to make money, but practically and logistically. This is a very difficult one to do. Okay, so next we got another person that i reviewed a while ago. Her name is addison and she is one of the larger entrepreneur influencers on tick tock and if i remember correctly, most of her content was her dancing with the text.
I became a millionaire at 25 and then she just asked you to follow her to figure out how she actually did it, but she never actually tells you how she did it. It's more of her dancing to her becoming a millionaire 25.. But let's see how this new one compares and whether or not it's good advice by the way i can't play any of the music in the background, because i don't want to get any copyright claims, but yeah it's actually way more fun to watch this without any Music or any context of what she's dancing to so after watching this, it seems like these are good statistics. The only thing i found surprising was that she says it takes you until you're, 32 years old on average to become a millionaire. I think maybe she meant to say that it takes you 32 years of working and saving on average to become a millionaire because really there's no way. The average millionaire became a millionaire at 32 years old. For that to be an average, half of millionaires would have to become a millionaire earlier than that. So, of course, i had to do my own research on this and according to fidelity and the new york times, the average age where people cross, the one million dollar net worth mark is in their late 50s and even the book.
The millionaire next door says the average age of millionaires is 62 years old. So i just got to say right there, her saying 32 years old is just it's got to be very false. Now don't get me wrong. That certainly doesn't mean you cannot be a millionaire in your 20s or 30s.
After all, if you were a millionaire by 25, i'm sure you would be dancing on tick tock too, but it's certainly not common and it's not easy and a lot of people take much longer than that to achieve. We could just do the math here. If you want to be a millionaire at 32 years old - and you start working at 22 years old without any student loan debt, you would need to invest an average of 65 000 a year after taxes. In order to achieve that goal, that realistically means you need an average income of 140 000 a year beginning at the age of 22, while also living frugally for that entire decade or really, who am i kidding? You could do that with 15 000.
In a few months, with tesla call options on robinhood, but if you're gon na go with the traditional save money and investing at root, it's gon na. Take you a while to get there and you're gon na need some pretty well-performing investments. Besides that, though, it's not bad advice, and i see what she's going for with this as she mentions here, almost 10 of the population is a millionaire, so it's not as elusive as what many people think. So, i'm gon na go ahead and rate this one.
A six out of ten because it's not bad advice, but i do question that 32 year old statistic and next we got this one: how to buy a rolls royce, we're at countless jobs from the age of 15, all the way up to 24.. I had to learn how to be a lone wolf by separating myself from friends and family members to be able to get to where i'm at today. At the age of 24 years old, i decided to start my own business. I worked about 18 hours a day for a year straight to be able to get him.
I wanted to make sure that i had millions of dollars in the bank account before i treat myself to almost 100 car. To this day. I surround myself with only about five people around my circle that are on the same mission as me, success can be very lonely at the top. That's why a bus has 50 seats and a rolls-royce has four yeah. You know by that logic. Imagine how wealthy you would be if you bought a bicycle that only has one seat just kidding but yeah. It doesn't really tell us how we actually went and bought a rolls-royce. All we know is that he was lonely.
He has only five friends which is more people than i end up seeing in a given month, and he worked about 18 hours a day for a year and then, of course, a rolls-royce just magically appears with really dramatic music behind it from all of this. So i just got to say i respect the fact that he waited until he had 50 times the amount of money it would take to go and splurge on a car like this. I think it's really important that people don't just make money and then the first thing they do is go and buy a fancy. Exotic car there's nothing wrong with wanting those things, but by the time you get them.
Ideally, you want that to be such a small percentage of your overall net worth that you don't even notice the money has gone, so i agree with that, but everything else didn't really tell us what he did to afford a rolls royce. I really just want to see a full income breakdown from him like how much money does he make from amazon fba? How much money does he make from teaching people how to make money on amazon fba? How much money does he make from his investment? I want to see everything i want to see a breakdown of how much money this guy is making. That would be a lot more valuable than i think this is so i'm going to go ahead and give this one a 5 out of 10, because it's not bad advice, but it doesn't exactly tell us anything about how he was able to afford a rolls royce. Besides having five friends and working 18 hours a day and feeling lonely, so now we got another one here: five habits that will make you become a millionaire first of all, what's up with all these guys in rolls royces, i think this is now replaced with the Lamborghini used to be a few years ago for anyone who is teaching how to make money online, okay, so here's what we got.
We got working out meditation at your office table study the bur method. Okay, put all that money in real estate read and then follow him now. One thing i find kind of suspicious here is that, throughout this entire thing he's wearing the exact same outfit, i think that's the secret to becoming a millionaire. You just want to wear the same thing after your workout in the morning.
Just keep that on all day, long look at steve jobs. He wore the same thing every single day. That's why he was so rich. I also see a lot of these habits to become a millionaire include reading and i got ta say i did my fair share of reading back in the day the four hour work week think and grow rich awaken the giant within how to win friends and influence People all of those were phenomenal books. Those books are really a good platform to build on, but then, after a while, you want to just go and make it happen, but i will say we got ta rate this one and i'm gon na give it a six out of ten. None of this is really bad advice and, honestly, i think it could benefit most people who end up following it, but then i came across this guy. He is giving you completely unsolicited stock market, investing advice that is one day going to make you rich all right. Everyone knows this guy right, richard branson virgin airlines version coastal, whatever yeah so 4.1 billion check that out networth multibillionaire virgin whatever, who knows but online it says, he's worth 4 billion, so that seems seems kind of legit to me.
This man started virgin galactic great company guy loves space. You know he's in into space race all that stuff check. This out check this out man, you see that this is your chart. How's it been on the market, long like it says, he's into space and all that stuff like galaxies and stars and and jets, and air airplanes and and and sci-fi seems like a good company to invest in there's its peak right there.
You can see that it's at about 15 bucks right now. I say it's a buy, give it two months, three months, maybe even less easy cash out. Okay seriously, though, by this logic, we have a billionaire who's into space, that's money, except when you actually go and look how virgin galactic stock has performed, since he posted this video about 30 days ago. It's actually up 25.
This guy kind of reminds me of the robin hood due diligence where you take the most obscure things possible and you try to twist it into some narrative and it ends up actually being really good advice and ends up working. No joke, though i actually like this guy, the most from everyone i have seen on tiktok. He just it's. He seems himself he's honest.
There's no ulterior motive here, there's no hidden agenda, it's just him giving his own thoughts on different stocks and why he's excited about it, and he is himself so for that. I honestly have to give this a 9 out of 10, because it's he's not pitching anything to you. He doesn't make any money on whether or not you buy virgin galactic stock. Let's be real here, he's doing it because he's having fun doing it and that, i honestly believe, is the most important from all of this.
So this guy 9 out of 10., and then we got this one right here. It looks like it's gon na be right out of an episode of scared straight where he's gon na talk to you into staying out of trouble and not going back to juvie, but let's give it a shot. Go to this website type this into the search bar scroll down to this post, for example. We're gon na pick this one check out the guidelines, but we're not gon na be the ones writing the article go to upwork.com search for a copywriter with these filters, we're gon na pay someone between three and six dollars to write this article for us. Here's an example of people that i found send them the guidelines and have them write the post submit the article make your money, okay. That actually seems like really interesting advice, but my first thought was why don't the people in the philippines just cut you out and go directly to them and make all the money? So i went and checked this out myself. I went on the same website. I even clicked on the same article that he clicked on now.
First of all, this is a magazine that reaches 3.8 million readers every single month. No way is a magazine like this: just letting random people out there outsource the work and then paying them for the full amount. It says they require you to submit previous articles that you've written for consideration, and then they want a writer with anecdotes and a strong narrative flow who writes with a sense of humor. I guarantee you are not getting that for three dollars or even 10 dollars an hour.
They also say feature should be queried about six months in advance. You will receive a written response within six weeks, so this is not you just going and paying someone three dollars. An hour in the philippines, so you could submit it to a magazine that has 3.8 million monthly readers, and then you get paid the full amount for doing absolutely no work whatsoever. If it were really that easy.
Why is the magazine just not going and doing this themselves? So i have to say i give this one: a 2 out of 10 if it actually works, because, like 99 of all of these, how to make money online in minutes for typing and like doing all this crap or watching videos online or whatever they promote. None of it really works. Okay. So that's our episode of watching tick, tock, business and financial advice for the day - and i got ta say it was mostly pretty bad advice, but at least it gets people thinking about becoming an entrepreneur or finding creative ways to make money online.
Like i remember reading the four hour work week when i was about 17 years old and just thinking to myself wow, i could make 60 thousand dollars a month being able to sell a weight loss pill online, and i could just outsource all of the work somewhere Else and i'll just sit back and collect money and work like two hours a day i mean, obviously that never happened, but it did get me thinking of different ways to make money down the line and it was inspirational. So i really think at its core at the end of the day. That's what this is all really about. This is not so much about the day-to-day intricacies and practicalities of making money, but instead, sometimes when you're young, all you care about are fancy cool cars and really easy ways to make money without going to school, and even though they rarely ever work out it. At least gets you pointed in the right direction and thinking the right way about how you can make money and how you could smash the like button for the youtube algorithm and get your two free stocks down below in the description by depositing 100 on a weeble. With one of the stocks, valued all the way up to 1 400, so with that said, you guys thank you so much for watching. I really appreciate it as always make sure to destroy the subscribe button, and the notification bell also feel free to add me on instagram, i post it pretty much daily. So if you want to be a part of it, there feel free to add me there.
As my second channel, the gram stefan show i post there every single day - i'm not posting here. So if you want to see a brand new video from me every single day, make sure to add yourself to that. And lastly, if you guys want those two free stocks use that link down below in the description like i said, weeble is going to be giving you two free stocks when you deposit 100, on the platform with one of the stocks potentially worth all the way up To 1 400, so let me know which two free stocks to get. Thank you so much for watching and until next time.
God bless you and God bless anyone reading this! Hope you have an awesome day! Seek him while you can! Jesus is the way and the only way and he is returning soon! Whenever you think you aren't loved… Remember the ultimate sacrifice was for love! ENDING YOUR LIFE IS NEVER THE ANSWER!
For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.
John 3:16 KJV
The wages of sin is death (hell) but Jesus paid our debt on the cross, for our salvation! We must turn to God and away from our sinful ways, Confess Jesus is Lord and believe with our hearts that he was risen from the dead by God, and we must be baptized in the name of the Father, the Son and The Holy Spirit and live by His word and Commandments! Trust that God will help with the rest!
Seek God today before it's too late! Today could be your last day on earth!
Have a blessed day!
❤️❤️
Dios te bendiga y Dios bendiga a Todos los que estan leyendo esto! Deseo que tengan un hermoso dia! Buscad a Dios mientras pueda ser hallado! Jesus es el camino y el unico camino y regresa pronto! Recuerda cuando te sientas que no eres amado… el mayor sacrificio se hizo por amor! EL SUICIDIO NUNCA ES LA RESPUESTA!
Porque de tal manera amó Dios al mundo, que ha dado a su Hijo unigénito, para que todo aquel que en él cree, no se pierda, mas tenga vida eterna.
S. Juan 3:16 RVR1960
La paga del pecado es muerte (infierno) pero Cristo pagó nuestra deuda en la cruz para nuestra salvacion! Debemos volvernos a Dios y apartarnos de nuestros caminos pecaminosos, confesar que Jesús es el Señor y creer con nuestro corazón que fue resucitado de entre los muertos por Dios, y debemos de ser bautizados en el nombre del Padre, del Hijo y del Espíritu Santo y vivir por Su palabra y mandamientos! Confia que Dios ayudara con el resto!
Busca a Dios, antes de que sea muy tarde! Hoy podria ser tu ultimo dia en la tierra!
Que tengas un hermoso dia!
❤️❤️❤️❤️❤️
I'm a bit confused. My house is 70k but I've only paid 10k. So the bank still owns 60k of the house. If some guy called me offering to pay me 25k… he would still owe the bank another 60k. Is he only targeting people who fully own their house? Do poor people with crumbling houses typically own fully paid houses?
If the area is going to push the smallest house's value up, didn't he purchase it for that same value? So, wouldn't it be just as cost effective as any other house?
…perhaps maintaining it would be easier? I would imagine that it's not really much of a difference from any other house. At face value, to me that sounds like dumb advice. Please feel free to correct me if I am overlooking something else though.
Being the account/laise for the fiverr people is hard than it seems. I didn't mean to get one over my client but my web dev bounced when the site was 80% done and had to outsource to a guy in pakistan. I was just lucky I got to put a cap on the client's revisions and at some level got to do some myself but I outsourced the whole thing it would be a nightmare
Her dancing always promising to tell people how she became a millionaire, is like the biggest f you in history, like she's literally just bragging and showing off and I find that hilarious.
Rich people plays the money game to win. Poor people plays the money to not lose. The goal of the truly rich people is to have massive wealth and the poor sees a surplus as an opportunity for consumption instead of investing it. change your mindset and do what the rich does, which is investing, investing and investing.
<I respect your work mate, because you are pointing people in the right direction this is the FOMO September for the incoming dip in October. It is manipulated but that can be a good thing if you understand it. We should all know that when this report are bullish take some off to the side line, when news gets bearish start buying. '' keep it simple simple '' that bear/correction was the best thing that happened to me. But all thanks to Annika Arno for her amazing skills of helping me to earn 20 BTC through trading chart. I believe we are in the same phase
I knew you didn't know about Tiktok when you recorded this because at the time, the posts on Tiktok were a minute long. Not 30 seconds. Lol
Graham, is it a good idea for me to move somewhere that has a high cost of living in order to make a lot more money than normal at my job and then buy houses in areas with a low cost of living for their smaller price tags?
Here's the thing. Dude is making money by suggesting a stock because people buy it and drive the cost of the stock up, he cashes out and whoever else cashes out can, but a lot end up holding and lose everything
You should make a new video on this Tiktok is plague with videos like this from NFT, affiliate marketing, fba , reselling.
Can you review her first100k? I like her but I wonder if you have any other advice
Lol some people could have done very well on Virgin Galactic, how do some of these kids pulling stocks out of the hat, hit winners ahah.
Another great video. This time I wasn’t here for the advice as much as the soothing sound of your voice
Maybe the girl who became a millionaire at 25 is currently trying to become a millionaire by dancing on tiktok therefore her dancing is the how to part.
Yehey greham mentioned Philippines but yeah making money in the Philippines is hard, happy to be in the US in my 20's and learning about money
Graham talking about the zombie apocalypse….glad that even smart people think outside the box🙂.
👍
The blonde gave a bunch of statistics and NOTHING else. I can't be the only one who noticed….
BRRR method is Buy Refurb Refinance Rent
It's a property strategy that allows you to recycle your deposit to build a portfolio – difficult to execute it such a heated market
We figured this out when we were getting postcards each week to buy our house. My hubby was asking how much and they said they’d pay $12,000 for a $60,000+ house…that we still owed a mortgage on. 😂. This is how we found out wholesalers exist. And yes, we learned about that gray area of selling without a RE license.
The dispensable sand chronologically matter because step definitely spark apud a abounding bone. nutty, wholesale finger
If you’re reading this Jesus Christ loves you and He will never leave you alone 💛
Do you need to rub your face everytime you need to look dissapointed? Cringe reaction