Valuetainment - ＂I'm A F#cking Multi-Millionaire＂ - Heated Debate Over Homeownership As Prices SKYROCKET

00:00:00.000 Home prices hit record high in June, dragging down sales.

00:00:04.740 Home prices hit record high in June, okay, dragging down sales.

00:00:11.780 Let's go through this.

00:00:13.340 So the national median existing home price in June rose to $435,000.

00:00:18.760 A record in data going back to 1919, a 2% increase from a year earlier,

00:00:23.360 while U.S. existing home sales fell 2.7% from prior month to a seasonal adjusted annual rate of $3.93 million.

00:00:30.000 The slowest pace since September, according to the National Association of Realtors,

00:00:35.860 home buyers were hesitant with unaffordable home prices and mortgage rates of up 6.5%,

00:00:40.820 making purchases difficult.

00:00:43.160 Lawrence Young, NAR's chief economist, said,

00:00:45.920 the fact that we hit record high home prices is reflecting multiple years of undersupply.

00:00:51.260 Nationally, there were 1.53 million homes for sale or under contract at the end of June,

00:00:56.760 down 0.6% from May, but up 15.9% from June of 2024,

00:01:01.140 with more than one in four listings on Zillow getting a price cut.

00:01:06.040 That's a big number.

00:01:07.520 The highest proportion for any June since at least 2018.

00:01:11.680 Diana Ayala-Sefi, branch manager at New American Funding in San Antonio,

00:01:15.980 stated there is a lot more inventory and the demand is not that great.

00:01:19.480 So that makes for a better market for who?

00:01:22.980 The buyer.

00:01:24.420 Noting sellers are becoming a lot more flexible.

00:01:27.120 So this story, Tom, is a weird story.

00:01:30.260 It's a story that's telling you the prices are going up,

00:01:32.980 but it's also telling you sellers are more flexible to wanting to sell.

00:01:36.540 Tom, your thoughts on this story? 0.99

00:01:37.800 Well, I don't know who's more full of crap, politicians or headline writers. 0.98

00:01:41.520 And I am getting, I just, you know what we should do every day, Pat? 0.99

00:01:48.420 Just have 15 minutes, all of us sit here, and we just go fast popcorn.

00:01:52.820 We decode headlines for the short attention span reader.

00:01:56.440 For people that don't want to read headlines, they just want to know what it means.

00:01:59.300 We can just do it.

00:02:00.420 So home prices hit record highs, dragging down sales.

00:02:04.460 No.

00:02:05.660 Sales have been low for now three years.

00:02:09.520 Record lows.

00:02:10.280 And what that means is the number of houses that transacted Vinny.

00:02:13.920 Like Vinny, Vinny, we've been looking at Zillow.

00:02:15.680 You were looking at down here.

00:02:16.820 You're looking for a nice condo, two-car garage, so you've got...

00:02:20.520 Put a wife in it, too, hopefully. 0.99

00:02:21.880 Well, you wouldn't put her in the garage, but I mean...

00:02:23.840 I know, you know what I mean.

00:02:25.140 Well, it depends on her attitude, but go ahead.

00:02:26.800 Yep.

00:02:27.560 So, but the point is, you're looking for, you know, a great housing for yourself

00:02:31.740 with a secure garage, bup, bup, bup.

00:02:34.560 And they're just, there's no inventory.

00:02:36.400 They're not for sale.

00:02:36.920 And the reason is, people didn't want to sell their houses because they had a really

00:02:40.840 good interest rate on their mortgage.

00:02:43.260 Well, then guess what also has been happening?

00:02:45.520 The property tax has gone up.

00:02:47.520 And also, that happens more gradually during reassessment.

00:02:51.780 But it's, the homeowner's insurance has gone way up, like California and Florida.

00:02:58.600 And so, if you read into the Wall Street Journal story, it's like, we're starting to see price

00:03:04.060 cuts.

00:03:04.560 But people like you are still looking at the interest rate and what that does to your payment.

00:03:10.120 And as soon as you buy that place, the property tax is going to reassess at the transaction,

00:03:16.060 which that's up, and then the homeowner's insurance is up.

00:03:20.540 So, what you have is, everything is up.

00:03:23.820 It's not just this.

00:03:25.120 But the first, I believe, and I connect with Bill Pulte, who's, you know, president, director,

00:03:34.040 you know, of Fannie Mae and doing a great job in Washington.

00:03:38.440 And he's been saying, we need interest rates to come down a little bit so we can get the

00:03:43.240 market moving a little bit.

00:03:44.700 If we can get one of the things to move, get the interest rates to move so more people could

00:03:48.340 afford the payment with the property tax, with the, you know, the insurance, maybe we

00:03:55.360 could get this market going.

00:03:56.700 But the Wall Street Journal here is just saying, yeah, you know, home prices hit record high.

00:04:00.480 That's dragging down the sales.

00:04:01.800 Okay.

00:04:02.540 But, you know, there were some price cuts starting to happen.

00:04:05.280 But the truth is, the number of transactions is at a still way low.

00:04:11.580 In other words, you can say, this is up a percent, that's up a percent, that's down a

00:04:16.180 percent.

00:04:16.920 But just, and you can play games with percents, words talk, numbers scream, percents don't

00:04:22.460 tell the whole story, but they're part of the numbers.

00:04:24.820 It's the number of transactions just aren't happening.

00:04:26.880 Because overall, it's a housing affordability crisis.

00:04:30.220 That's what the issue is.

00:04:31.500 And prices are up because the great houses are still selling, not briskly, but they're

00:04:38.060 selling at higher prices.

00:04:40.260 So what does it mean?

00:04:42.120 It means that the market right now, there's not really a market for buyers right now.

00:04:47.320 They need more, they need more things to be on a market at a moderated price.

00:04:52.020 So when they buy that house, then the property tax is more moderated.

00:04:56.260 Do you think sellers today, Rob, what is the number of, do you remember the number, Tom,

00:05:02.300 on how much cash people had during COVID?

00:05:04.800 Have you reached a all-time high of 2.4 trillion of cash and it went all the way down to 1.4 trillion?

00:05:10.800 That's right.

00:05:11.560 What is the cash people have today?

00:05:14.280 And then the other alignment with that was the total amount of credit card debt that we

00:05:19.760 went.

00:05:20.080 That's right.

00:05:20.500 Down to 700 billion and we blew it right past 1.1 trillion when the government said

00:05:26.720 2022, everybody can go out and play.

00:05:29.240 No, what is the right way to ask the question?

00:05:32.060 Because a lot of this matters.

00:05:33.880 If I'm a buyer, this is the number I'm looking at.

00:05:36.920 What is the federal government statistic on total savings?

00:05:41.100 And this will be coming from, I think it's St. Louis Fed that used to keep this.

00:05:46.040 Actually, I'm sure of it.

00:05:47.700 It's St. Louis Fed used to keep statistics on consumer savings and total credit card debt.

00:05:53.080 This number matters the most because during COVID, I remember the chart that they said during

00:06:01.720 COVID, is it showing it to you?

00:06:05.940 During COVID, they showed that the total cash during COVID showed that total cash Americans.

00:06:15.420 Okay, there's one stat that the AMS, average monthly savings, is $496.

00:06:21.000 People are saving about $500.

00:06:23.000 But what is the total reserve, like total savings reserves for Americans?

00:06:30.540 Average saver balance is $7,460.

00:06:34.800 That's not what I'm looking at.

00:06:35.380 What I'm trying to find out is because if cash is low and I'm a buyer,

00:06:40.320 I'm a buyer, I'm a buyer, I'm a buyer, I'm a buyer, I'm a buyer, I'm a buyer.

00:06:45.940 Fine.

00:06:46.740 Yeah, I'd be curious to know how much cash people have.

00:06:49.640 Because if the liquid cash we have right now is super low, then guess what?

00:06:58.600 It's a good time to go buy because sellers need cash.

00:07:02.120 But if the cash in hand people have right now is at an all-time high, nobody's going to be selling.

00:07:11.180 The leverage isn't on you.

00:07:12.340 So it becomes a very awkward time where sellers are willing to sell,

00:07:15.800 but they're not motivated seller for the most part.

00:07:19.200 So anytime I'm trying to buy something, I'll ask, is the seller motivated?

00:07:22.400 They're motivated, but they're not desperate.

00:07:24.400 Okay, well, what does that really mean?

00:07:25.920 So you're not really fully motivated.

00:07:27.200 Everybody's is motivated, right?

00:07:29.080 But not at the levels of wanting to drop the price by $50,000 or $100,000,

00:07:33.760 depending on the price of the house.

00:07:35.340 So a lot of that matters with the amount of cash that we have at hand.

00:07:38.700 At least a couple years ago, it was tough because everybody was greedy.

00:07:42.980 Adam.

00:07:44.500 Well, I'm not going to make any realtor friends by saying what I'm about to say,

00:07:47.940 but the most overrated investment you can possibly make is buying a house.

00:07:53.080 I'm not saying it's a bad investment.

00:07:54.720 I'm not saying you're going to lose money.

00:07:56.020 I'm saying it's the most overrated investment.

00:07:59.500 So let's play a little game here, Vinny,

00:08:01.440 because you've been asking about buying a house here for a second.

00:08:04.180 If you're going to buy a million-dollar house, million-dollar house,

00:08:07.820 put down a little down payment, put down 50 grand, you're a veteran.

00:08:10.540 Okay.

00:08:10.880 I got the VA loan.

00:08:11.640 There you go.

00:08:12.620 So right now, interest rate, 6%, whatever it may be, 30-year mortgage.

00:08:17.480 In 30 years, you say, all right, I bought this house for a million.

00:08:21.180 How much do you think you actually spent and paid for that house?

00:08:25.100 On the actual house?

00:08:27.020 30 years from now.

00:08:28.320 Okay.

00:08:28.660 How much did you spend?

00:08:29.560 Is it less than half?

00:08:31.280 What do you mean less than half?

00:08:31.940 Like $500?

00:08:32.440 Like the house is a million dollars?

00:08:33.940 Yes.

00:08:34.200 How much did you spend on that million-dollar house?

00:08:36.140 Like actually on the house, $750,000.

00:08:38.600 Well, you didn't spend $750,000 because it costs a million.

00:08:41.520 So it's more than a million.

00:08:43.200 It's more than a million.

00:08:44.480 Yeah.

00:08:44.940 How much?

00:08:45.720 $2 million.

00:08:46.800 I don't want that.

00:08:47.620 Well, you buy a million-dollar house, 6% interest rate, 30-year mortgage.

00:08:52.540 Boom, boom, boom, boom, boom.

00:08:53.520 Do the math.

00:08:54.060 You're going to spend $2 million on that $1 million asset.

00:08:57.840 Do you understand what I'm saying right now? 0.99

00:09:03.160 Vinny, don't buy a freaking house, bro. 0.97

00:09:05.180 That's all you have to say. 0.99

00:09:06.380 What the hell are you doing freaking Jeopardy mortgages over here?

00:09:09.480 How much did you spend on that million-dollar house?

00:09:11.160 $750?

00:09:11.520 No, you're spending more than the million because you have to basically make payments.

00:09:16.180 And on your payments, there's interest on your payments.

00:09:18.160 Of course, I know that.

00:09:18.720 Over 30 years, your million-dollar house is going to cost you $2 million.

00:09:22.980 Double it, double it, double it. 0.69

00:09:24.400 That's my point.

00:09:25.560 So for young people out there, this is my message to you.

00:09:28.700 Don't buy a house.

00:09:29.680 If you're young, you're single, you're working on your career,

00:09:32.420 you're working on starting a business, you're not married, you don't have kids,

00:09:35.100 you're working on your life, don't buy a house.

00:09:37.680 I totally understand if you're established, you have a family,

00:09:41.520 you have kids, you know where you're going to live for the next decade,

00:09:44.760 you may want to consider buying a house, 100%, if that's who you are.

00:09:49.020 If you're young, you're single, bro, keep your flexibility high and your overhead low.

00:09:55.480 Work on your career, work on your business, work on yourself.

00:09:59.000 Don't get lied to and confused by the realtor association saying that renting is throwing away money.

00:10:06.460 It's only throwing away money if you don't save money, save that money,

00:10:10.720 and use the difference to invest that money.

00:10:15.780 I know plenty of realtors who rent, I don't know, any financial advisors that don't own stocks.

00:10:23.480 Let me tell you what I found out yesterday for the very first time.

00:10:27.180 Tell me.

00:10:27.920 I found out that our governor doesn't own a home or a car.

00:10:31.920 Do you know Governor DeSantis doesn't own a house or a car?

00:10:35.420 Smart guy.

00:10:36.500 He's under his wife? 0.98

00:10:37.680 Did you hear what I just said?

00:10:38.360 Yeah, it's weird.

00:10:39.380 Did you know that, Tom?

00:10:40.000 Well, do you know why?

00:10:40.700 I did not know that.

00:10:42.260 If you Google, does Ron DeSantis own a house or a car?

00:10:45.880 What?

00:10:46.400 He doesn't need to.

00:10:47.540 He doesn't own a car, but his wife is a sporty little model.

00:10:51.380 Jesus, Tom.

00:10:52.540 Okay, so that was inappropriate, but let's go back to this.

00:10:54.880 So, yeah, he doesn't, no private home, okay, does not own any private real estate, and doesn't own a car.

00:11:03.540 What does his 401k look like?

00:11:05.200 There's no public record of DeSantis' person owning a private vehicle.

00:11:10.860 What's wrong with that, though?

00:11:12.120 No, no, but it's kind of weird for a governor to not own.

00:11:17.280 You ought to be a pro.

00:11:17.980 I don't think so.

00:11:19.040 Well, I understand you don't think so, because you're like the anomaly, but what I'm saying to you is.

00:11:23.080 No, no, no, but maybe he's on to something.

00:11:24.360 I, it's very tough for you to want others to be optimistic about home ownership in your state while you're not.

00:11:37.060 It's like when I went and bought a Ford, I bought it from this guy named Jaime Godina.

00:11:41.060 Every once in a while, I give this guy a shout-out.

00:11:43.120 I bought a few Fords from him.

00:11:44.360 We bought it for our family, and I've always referred over to him, a bunch of people.

00:11:48.120 He sold me an expedition.

00:11:49.160 He sold me a, no, he sold me a, he sold me a Focus or an Expedition, but I'm like, what do you drive?

00:11:56.320 Oh, I drive an Expedition.

00:11:57.420 What do you have?

00:11:58.140 Product or the product?

00:11:59.320 I don't know.

00:12:00.320 It, the idea of people, I did an interview, 2011, Rob, if you go to Denver Post, but David, Denver Post, but David, I'm wearing this beautiful orange sweater.

00:12:12.520 Ghetto, look at that. 0.97

00:12:13.860 Look at that.

00:12:14.520 That's from Gap.

00:12:15.740 Other true religion? 0.93

00:12:16.240 Oh, Kujami didn't show up.

00:12:17.620 They didn't Gap. 0.97

00:12:18.460 Hang on.

00:12:18.820 Look at that sporty little model.

00:12:22.380 Oh, my goodness.

00:12:23.400 Embarrassing.

00:12:23.640 Look at those.

00:12:24.420 Look at those.

00:12:24.780 Okay, zoom out a little bit.

00:12:25.560 Let me see when the story was written.

00:12:26.680 And what was the article?

00:12:27.540 What was, when was it written, Rob?

00:12:28.800 April 28th, 2016.

00:12:31.300 Okay, 2016.

00:12:32.240 So, 10 years ago.

00:12:33.520 Let me see the title of the article, Rob.

00:12:36.160 I don't think that's 2016.

00:12:37.300 Home buying.

00:12:38.180 No, because 2016, I'm already in Texas.

00:12:40.820 Go with clear logic and rent.

00:12:42.280 This is not 2016.

00:12:44.380 It says updated, so it doesn't have the original date.

00:12:47.240 It's updated.

00:12:47.660 No, the original is 2012, 2011.

00:12:50.440 We've talked about this article, but I don't remember.

00:12:52.380 So, if you go up there, the story says what?

00:12:55.140 Rent.

00:12:55.840 Home buying.

00:12:56.480 Go with cold, clear logic, and rent.

00:12:59.020 I mean, I am for the renting if you're building something up.

00:13:04.620 And that's what I did.

00:13:05.560 I had a half a million dollars cash in 2009.

00:13:07.800 And I said, I'm going to put it into business instead of buying a house.

00:13:10.600 And five years later, four years later, I bought a house.

00:13:13.120 And then that made me money.

00:13:14.480 And then I flipped and went and bought a house in Plano.

00:13:16.580 That made me money.

00:13:17.500 And then we eventually moved out here.

00:13:19.720 And when we moved to Florida, we first rent it for the first six months.

00:13:22.420 And then we bought a house.

00:13:23.580 And we bought a small little house, very small little condo is what we bought.

00:13:25.980 You got that small little house here in Fort Lauderdale.

00:13:30.220 So, it all depends on the home ownership.

00:13:32.080 I just thought it was very interesting that the governor doesn't own a house or a car.

00:13:34.960 Can I give you one more piece of insight?

00:13:36.680 Because I fully agree with you that if you're building something, you should rent.

00:13:42.160 And you could use basically the difference to build your business.

00:13:45.420 I would make the argument that you don't have to be building a business.

00:13:48.880 You could be building yourself.

00:13:51.380 Something.

00:13:52.340 You are your own business.

00:13:53.340 You are your number one asset.

00:13:55.980 The number one.

00:13:57.320 Adam, I got the argument.

00:13:58.600 I'm moving on to the next story.

00:13:59.900 I'm thinking you're telling me some inside scoop you have on why DeSantis doesn't own a house.

00:14:04.820 And you're telling me you're building yourself.

00:14:06.020 Well, no, PBD.

00:14:06.420 I'm not going to let you just bulldoze my argument here for a second.

00:14:09.540 I understand what you're saying.

00:14:10.020 Because there's a lot of people out there that don't.

00:14:12.480 Adam, I understand what you're saying.

00:14:14.160 You do because you're smart.

00:14:15.040 You're 45 years old.

00:14:16.460 You don't own a house or a car. 1.00

00:14:17.540 I'm a fucking multimillionaire. 0.99

00:14:18.580 Yeah, you're not a multimillionaire. 1.00

00:14:20.120 You're not sitting there like absolutely on top of the world.

00:14:24.240 The average person isn't you.

00:14:26.580 The average person isn't you.

00:14:27.880 But they can be me.

00:14:28.860 No, that's not the best life.

00:14:31.340 Says who? 0.65

00:14:32.660 Says who? 0.65

00:14:33.520 You're saying having millions in a bank is not a good thing?

00:14:36.400 You think the fear of commitment to building something?

00:14:40.560 No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, what?

00:14:42.540 Go ahead.

00:14:42.700 What are you about to say?

00:14:43.320 Go ahead.

00:14:43.500 What are you about to say?

00:14:44.060 What are you about to say?

00:14:45.200 Why don't you own a house?

00:14:46.800 Because it's way better to rent.

00:14:48.960 For who?

00:14:50.220 For me.

00:14:51.120 You think for you it's better to rent?

00:14:52.480 A hundred percent.

00:14:53.460 You think it's good for you?

00:14:54.500 Because I'll give you numbers.

00:14:55.740 Yeah.

00:14:56.100 Because I've taken all the money.

00:14:57.560 I will agree.

00:14:58.300 It's better for all of us that you're not driving.

00:15:00.680 That part, I'm fully with you.

00:15:02.340 We're on the same page there.

00:15:03.380 Folks, I don't think it's a good idea.

00:15:05.920 Because I've taken all the money I've saved and I've bought Bitcoin.

00:15:09.920 I've invested into my 401k.

00:15:12.200 I've invested into ETFs.

00:15:13.840 I've invested into index funds.

00:15:15.220 And the money I would have made buying, which historically is, what, 3% to 5%, I've made 10%, 20%, 50%, 100%.

00:15:23.420 Yeah.

00:15:24.100 That's math, PVD.

00:15:25.600 You're a stats guy.

00:15:26.480 You're a math guy.

00:15:27.120 America is not you.

00:15:29.140 And America.

00:15:29.840 And America's broke.

00:15:30.940 Let me ask you a question. 1.00

00:15:31.540 Most Americans are dumb, fat, broke, losers. 1.00

00:15:34.420 Let me ask you a question. 1.00

00:15:35.120 And they're trying to improve.

00:15:36.300 And I'm giving them solutions.

00:15:38.480 And you're like, no.

00:15:39.740 Buy a house.

00:15:40.760 Well, you just said don't buy a house.

00:15:41.660 Are you ever planning on owning a home?

00:15:44.860 Eventually, yes.

00:15:45.900 Why is that?

00:15:47.500 Eventually.

00:15:48.060 No, no.

00:15:48.340 But when will your argument be right?

00:15:51.120 Well, from a numbers perspective, it might never be right.

00:15:53.820 Okay, perfect.

00:15:54.280 But from an emotional perspective.

00:15:56.080 I would much rather have you keep that argument and not contradict yourself.

00:15:59.780 So tell me.

00:16:00.220 I've been very clear on this, sir.

00:16:01.700 Will you ever own a car?

00:16:05.860 If my wife wants me to buy her a car, yeah. 1.00

00:16:07.920 We've got to take some kids around. 1.00

00:16:08.920 But will you ever own a car for you?

00:16:11.080 Maybe.

00:16:11.660 But it's not a top priority.

00:16:13.100 Why would you buy a car for you?

00:16:14.940 Tell me.

00:16:15.440 To piss you off.

00:16:16.920 You're not going to piss me off.

00:16:19.500 You're not going to piss me off.

00:16:21.200 Why would you buy a car?

00:16:22.920 Because the argument is.

00:16:24.380 I'm not anti buying a car.

00:16:26.320 I do.

00:16:27.320 It's funny.

00:16:29.380 I love the breakdown that you did.

00:16:32.620 It just came out on Valuetainment about why to do a prenup, why not to do a prenup.

00:16:37.820 I love what you did there.

00:16:38.680 Because what you did is you drew out the numbers.

00:16:41.800 And you said, all right, so you want to have four kids.

00:16:43.820 You want to have private school.

00:16:45.040 How much is your mortgage?

00:16:46.100 How much is your house?

00:16:46.960 And you did the math.

00:16:48.360 And I love that about what you did that you did math.

00:16:51.100 Most people cannot afford a house with a mortgage, with kids, with two cars in the garage, with food, with groceries, with insurance.

00:17:00.000 The math don't math. 0.99

00:17:01.980 And things have shifted so astronomically in America today that you're just going to be broke if you keep perpetuating the same bullshit. 1.00

00:17:10.760 Get a mortgage. 1.00

00:17:11.560 Get your house and a car.

00:17:13.040 I'm not saying you're perpetuating that.

00:17:14.380 But most people are broke.

00:17:16.680 Most people are paycheck to paycheck because they're following the old rules of life.

00:17:21.500 Times have changed.

00:17:22.740 Our audience that watches whatever we talk about here, okay, the average person who's minimum wage, I guarantee you they're not watching a podcast.

00:17:33.280 A minimum wage person would hate our podcast.

00:17:38.300 Probably is.

00:17:39.240 A minimum wage person hates people like us.

00:17:42.500 The person who's begging to raise minimum wage, they're not going to like a podcast like this.

00:17:47.300 They're going to be sitting here saying, I can't stand what these guys are talking about.

00:17:51.660 That's what they're going to say.

00:17:52.940 But the people that are watching, they want to grow.

00:17:55.920 For a phase, I get it.

00:17:58.540 To rent.

00:17:59.280 I wrote the article.

00:18:00.640 I said what I stood for.

00:18:01.840 But then, when later on, when you decide to have a family, wife and kids, security matters, community matters, protection matters, many different things matter, finances matters, write-offs matter.

00:18:12.840 There's a lot of other arguments on the opposite side.

00:18:15.060 I made that argument.

00:18:16.740 I said if you're young and single, don't do it.

00:18:19.380 If you're married and have a family, you might want to consider it.

00:18:21.320 Young and single.

00:18:21.800 Did I not say that?

00:18:22.620 Bro, you're not young.

00:18:24.120 I'm giving advice to people out there.

00:18:26.440 You're saying if you're young and single.

00:18:27.360 You don't think we have 25-year-olds who are watching this being like, yeah, I'm thinking about buying a house.

00:18:31.440 You're 19 years away from getting Social Security.

00:18:34.800 This guy, you understand what I just said to you.

00:18:38.640 You're 19 years away from getting Social Security.

00:18:40.220 So, what you want to do.

00:18:41.520 And 19 minutes from having an aneurysm.

00:18:43.320 So, PBD, what you want to do is make it about me.

00:18:46.020 It's not about Adam.

00:18:47.480 Adam's doing freaking great.

00:18:48.980 I'm talking about the 25-year-old out there.

00:18:50.560 I am with the 25-year-old.

00:18:50.880 The 30-year-old out there who's like, should I buy a place?

00:18:53.380 I am with the 25-year-old.

00:18:53.780 No, Hector.

00:18:55.260 Keep your money.

00:18:56.040 Save that money.

00:18:56.540 I am with the 25-year-old.

00:18:58.100 I am with the 25-year-old.

00:18:59.840 And by the way, that was your Russia hoax.

00:19:02.640 This is the other hoax that you'll eventually come out of as well.

00:19:05.640 But it's going to take a while until that comes out.

00:19:07.720 No, because this is with conviction.

00:19:09.920 This is with life experience. 0.99

00:19:11.460 That is just media bullshit. 0.96

00:19:13.580 It's a life with very few commitments. 0.99

00:19:17.820 It's a different life.

00:19:19.140 You know what's back?

00:19:20.200 You know a fun fact about Tom Ellsworth that you all need to know about?

00:19:24.140 Tom, how many Yetis do you have in your kitchen? 0.96

00:19:26.780 I believe I have about 30 of these ladies. 1.00

00:19:31.280 Tom has 30 Yetis.

00:19:33.380 The question is, how many Yetis do you have in your kitchen? 0.96

00:19:36.320 Right?

00:19:36.700 How competitive are you?

00:19:38.120 Can you keep up?

00:19:38.960 Can you keep up?

00:19:40.380 So guess what?

00:19:40.920 The Yetis are back, Rob, if you want to put it up and play the video.

00:19:43.780 We have the pink ones for the ladies. 0.97

00:19:45.480 Fellas, go buy your wife. 1.00

00:19:47.100 The pink or the white one.

00:19:48.040 Press play, Rob, and you can lower the audio a little bit.

00:19:50.040 But you got the white ones.

00:19:51.480 The future looks bright with the vitamin logo.

00:19:54.140 You got the blue, fellas, black, future looks bright, takes it to your office.

00:19:58.740 You got the small ones, the big ones, all of them.

00:20:01.840 So if you're somebody that drinks a lot of coffee, or you drink a lot of tea, or you drink a lot of protein, whatever it may be.

00:20:08.540 Or you're Adam.

00:20:09.260 You are somebody that's constantly, what does Adam do with his bottle of water?

00:20:13.640 He's always, he does the bubble thing.

00:20:16.080 He does the bubble thing for his voice.

00:20:17.860 That's why I got the pink Yeti.

00:20:19.140 You know what we have, ladies and gentlemen?

00:20:21.040 Pay attention here.

00:20:21.960 These are the taper bottoms that fit in all cars.

00:20:25.580 See the taper bottom?

00:20:26.920 Don't have to worry about it.

00:20:27.840 Regardless of the car you have, it fits in a cup holder in the front.

00:20:30.300 And here's what I'm going to do right now.

00:20:31.360 And look at this.

00:20:32.260 The pink and the white one.

00:20:34.180 You know what?

00:20:34.920 This one in there.

00:20:35.760 Bigger, better.

00:20:36.980 L'chaim, BBD.

00:20:38.360 L'chaim.

00:20:38.560 And Pat, you know the pink and the white one?

00:20:40.320 Yeah.

00:20:40.620 Bigger, better insulated than the Stanley.

00:20:42.680 Your wife will love these better than Stanleys.

00:20:45.300 Again, remember, when we do these, guys, we don't do a big order.

00:20:48.760 Okay?

00:20:48.940 We even have the one Yeti all the way at the bottom for dogs.

00:20:53.360 Okay?

00:20:53.620 The Yeti bowl.

00:20:54.380 Okay?

00:20:54.460 Can you imagine?

00:20:54.980 Your dog's even going to be optimistic about the future, guys, if you get this form.

00:20:58.500 So go place your order.

00:21:00.000 We want a million Future Looks Bright pieces all over the world.

00:21:05.060 And if you support the brand, go support Future Looks Bright.

00:21:08.180 Get yourself a Yeti.

00:21:09.040 And while you're there, maybe pick up a hat or two for yourself as well.

00:21:11.740 If you enjoyed this video, you want to watch more videos like this, click here.

00:21:14.420 And if you want to watch the entire podcast, click here.

Valuetainment - July 26, 2025

＂I'm A F#cking Multi-Millionaire＂ - Heated Debate Over Homeownership As Prices SKYROCKET

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