Why Billionaires Are Desperate To "Live" In Florida
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#billionaire #florida #business
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Last month Jeff Bezos settled on this ninety MILLION dollar [$90,000,000] mansion on Indian Creek Island in Miami. That is the THIRD eight figure property purchase the Amazon founder has made in Miami in just the last 12 months. But the billionaire migration to Florida is making even Jeff's two hundred million dollar portfolio of properties look downright modest. According to the New York Post, Citadel Securities CEO Ken Griffin has purchased SEVENTEEN oceanfront estates, some worth as much as a hundred million [$100,000,000] individually.
He is now knocking them all over to make way for one for one single beach house for his retirement, that is estimated to be worth more than a billion dollars once complete. None of these billionaires are native Florida men, but it’s not the sand and the sun that’s bringing them down there. So why are billionaires scrambling to get into Florida all of a sudden? While other parts of the country are cracking down on billionaires and their extravagant lifestyles, Florida is trying to make itself the perfect hideaway for them and their money.
According to the LA Times the Mayor of Miami actually personally courted Elon Musk encouraging him to move his primary residence and businesses to the city. South Florida WANTS to be the perfect place for you to live… IF you're extremely wealthy. Miami has always been a popular destination for the ultra wealthy to spend their summer vacations. According to data collected in a study by the global wealth management firm Henley and Partners, and compiled by Visual Capitalists, Miami is the most popular vacation destination for the world's twenty five thousand [25,000] Centi-Millionaires.
Those are people with a net worth of one hundred million dollars or more… In the past most of these ultra high net worth individuals would return back to their REAL jobs in REAL cities like Seattle, New York, San Fran or LA. BUT NOW they are moving to Miami for good, and they are doing it for three surprising reasons.
The first reason is that Florida is a safe haven for wealth.
But using Florida as an asset bunker is just the first reason, so it’s time to learn How Money Works to find out why so many Billionaires are desperately rushing to make Florida their home.
@HowMoneyWorks 13 днів тому
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@Dion-mo5pz 11 днів тому
How do you animate these guys walking around
@SammSam13 13 днів тому
As a native Floridian, I need everybody to go home.
@88worldtour80 13 днів тому
Fr house prices are insane now
@jimk8520 13 днів тому
I was born there too. It’s far easier to move yourself than it is to convince crazy humans that they are, indeed, crazy.
@name_unpickable 13 днів тому
Amen "WHAT are you doin' in mah swamp!?" -Shrek
@NoSauceBoss-sm6zx 13 днів тому
I agree. People need to stop moving here, it's making it harder for natives to afford staying here.
@BurntHorizon 13 днів тому
You get what you vote for. Sound familiar?
@youzhou3001 13 днів тому
”Half of the state’s top 10 billionaires live in South Florida” So 5/10 billionaires live in the southern part of Florida while the other half live in the northern one😂
@HowMoneyWorks 13 днів тому
LOL none of us noticed that while making the video.
@jeffc1347 13 днів тому
It's not true that half the billionaires live in North Florida, as Floridians will tell you Florida is broken up into 3 mega regions. South FL (Miami, Ft Lauderdale, Naples, Ft Myers, Palm Beach) has the most wealth. Central Florida (Tampa, Orlando, Daytona, Space Coast) has the second most, as it also has a lot of northern and Latin/South American money but just not to the extent that South FL does. Also its the #1 tourist destination in the country. North FL (Pensacola to Jacksonville) is by far the poorest region of the state, resembling more of the traditional south both economically and culturally. Although that has been changing the past few years because South and Central FL have become so expensive, now people who want to move to FL are starting to consider north.
@Droidman1231 13 днів тому
It's worse than it sounds. For whatever reason "South Florida" just means "Miami Metro Area", not the actual southern half of the state.
@jghifiversveiws8729 13 днів тому
Nah Central 😂
@nunyadambusiness3530 13 днів тому
@@jeffc1347 I live in Pensacola, you aren't wrong. But now Pensacola used to have $600-$800 rents not even 3 years ago. Now they're pushing $1,600 and the poverty levels have increased dramatically here. It's greed. They're hurting us locals and those who were raised here and can't afford to leave because the cost of living became so unaffordable. I'm on SSI and I'm terrified I'll become homeless when I renew my lease on my $595 trailer, landlord sold the park to a corporation.
@aprildawnsunshine4326 13 днів тому
Tiny mistake, Miami and Miami Beach are very very different places, even if they're technically the same on a map. Billionaires are moving to Miami Beach while a trip off the highway in Miami feels like visiting a developing nation. It's The Most stark example of wealth disparity I've ever seen.
@mowtivatedmechanic1172 13 днів тому
Le jeune rd I guess you’re talking about. (The poor part)
@mikestaihr5183 13 днів тому
A ready supply of peasant servant labor of course.... That makes that a plus in their book
@Redrash12 13 днів тому
Nah man, as a Miami native people greatly exaggerate the shitty areas of Miami. South Florida has its hoods, but its nowhere like the shit in Baltimore, Chicago, Louisiana etc.
@josephreynolds2401 12 днів тому
Dubai still takes the lead on that one, redrash makes a good point too.
@aprildawnsunshine4326 12 днів тому
@@Redrash12 I wasn't saying that it's a bad or inherently dangerous place (grew up near DC when Baltimore was still really bad) just the stark inequality and clear underinvestment in the areas of Miami I did see, comparatively. It's two different worlds and I imagine the divide will not be lessened by this trend.
@nwatson2773 13 днів тому
I live in Florida, not a millionaire. But all the 1% have mansions and Mac mansions here. The cost of living is so high that Working class people are moving out and schools In my area have low enrollment. Homelessness is criminalized with a felony if you are caught sleeping outside.
@reprovedcandy 13 днів тому
Wow. I like the sounds of that homelessness law.
@NoSauceBoss-sm6zx 13 днів тому
@@reprovedcandyWow. Some type of human you are.
@ThriftyCHNR 13 днів тому
@@reprovedcandy well it doesn't reduce homelessness, it just moves it/or covers it.
@XC-Z-cv8qw 13 днів тому
@@ThriftyCHNR By design
@ayanned 12 днів тому
What is the worth of a place without people? Can't expect those millionaires to grow their own food and work at service jobs.
@4RILDIGITAL 11 днів тому
It's fascinating to learn about these unique financial strategies that are so far removed from the reality of the average person. It really underscores the divide between the ultra-wealthy and the rest of us. It's quite staggering how tax laws and market dynamics disproportionately favor the rich and enable them to amass generational wealth with relative ease.
@bobcortez9471 11 днів тому
The top 1% pay 46% of all federal income taxes and gets even worse for the top 5%. I’m not sure the tax code favors the rich at all because if it did, they wouldn’t be forced to flee to specific regions in the country or world to save a bit of money.
@richyhu2042 11 днів тому
Its even more astounding since its a case of "you dont know what you dont know". All these loopholes and round about ways that people who dont have an in depth knowledge of financial institutions and tools or have a team that does is completely inaccessible to normal people either due to a lack of knowledge or lack of foundational resources. Hell most people barely understand their credit cards, never mind anything else.
@ParagonFury 11 днів тому
@@bobcortez9471 You don't understand how proportionality or a progressive tax system works, do you? Hint: Me taking 10% of $1,000 hurts a lot more than if I take 50% of $1,000,000,000.
@voxxiigen7797 11 днів тому
@@bobcortez9471they should be paying 86% Because they’re worthless parasites.
@faerydae29 11 днів тому
Yeah it’s so wrong. We need laws to stop this but sadly our state legislature is completely bought out.
@x2dab184 13 днів тому
Apparently Mar-a-Lago is only worth 18 million.
@JUAN75001 13 днів тому
Because trump the fraud registered it as a country club and not as a residence, so he pays less taxes.
@cha_eldmo_lester 13 днів тому
Wise man said, do not believe everything you see from internet or hear from a Gorilla-Boar hybrid
@adamchirico7724 13 днів тому
KING trumps home is worth what king trump want
@JP-vs1ys 13 днів тому
that place is a gaudy dump. are you really surprised?
@HQSCJIPZ 13 днів тому
@@JP-vs1ysput up 5 hunter biden paintings and it’ll be worth double 😜
@anthonypan205 13 днів тому
florida will be as liberal as california in 10 to 15 years. people seem to forget that california was once the Ronald Reagan California. The cycle has so far been identical. Rich people look for cheap places to retire/save on tax/park their money -> they move into the city -> they make the city unaffordable for most -> the city becomes "liberal" and start taxing rich people -> they find another place to flock to
@mowtivatedmechanic1172 13 днів тому
Wasn’t Reagan democrat liberal? (Looking at no fault divorce)
@philoslother4602 13 днів тому
Basically Billionaires destroy every place they move to 😅😅..... Hong Kong, Beijing, and Mumbai have suffered even worse from this
@anthonypan205 13 днів тому
@@mowtivatedmechanic1172 idk if you are being sarcastic or not. If you really think Ronald Reagan was a liberal, then I have truly seen it all
@XC-Z-cv8qw 13 днів тому
@@mowtivatedmechanic1172 Liberal changed over the years in the same way Democrats used to have Republican ideals and vice versa
@jeffc1347 12 днів тому
@@anthonypan205 Reagan was a Democrat but switched to Republican in his late 40s-early 50s. When he was a Democrat he was even president of the actors union. There are many theories as to why he switched and I won't pretend to know which ones have any validity.
@fern1009 12 днів тому
Native Floridian: "Well, there goes the neighborhood."
@DeweeseJason 12 днів тому
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@EhM-xt7pl 13 днів тому
They are huge fans of the GTA series and want to play GTA 6 in the real life location
@indrickboreale7381 13 днів тому
Why playing a video game about being a criminal, when they can wear balaclava and organize fake or real crime
@suddenlytitan739 12 днів тому
Better graphics than any PC and more immersive.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat?
@mamotalemankoe3775 12 днів тому
The migration to florida is going to blow up after GTA releases.
@BondTheOGYT 13 днів тому
Basically weather and wealth, no surprise why Miami is expensive compared to other places
@BondTheOGYT 13 днів тому
maybe even more expensive than NYC?
@willbermudez2386 13 днів тому
NYC still more expensive, i live in Orlando and i go visit family at Queens at least once a year. The thing with Florida its the inmigration. Not only people from north states are moving here and to texas, but inmigrants are also moving and getting their residencies here, making the rent and mortgages worse. Indeed, Florida will become more expensive than NYC due to the weather and wealth expansion, but that wont be soon. Maybe in 15 years, but not right now.
@BondTheOGYT 13 днів тому
@@willbermudez2386 so you reckon it’s worth doing business or having a job in Florida than NYC?
@willbermudez2386 13 днів тому
@@BondTheOGYT It depends of what you do. Florida doesnt have state taxes, and our federal taxes are 7%, but we have one of the lowest incomes in the country. New York on the other hand has one of the highest incomes salaries as far as i know since i dont live there, but the state taxes definetely hurts. Life quality definetely goes to Florida. I traveled every part of Florida due to my job (real estate photographer) and its beautiful everywhere. NYC on the other hand its also beautiful in my opinion, but its not for everybody. The city its dirty and its everyone its in a hurry, but i like the fast paced living in New York. They are different.
@duancoviero9759 13 днів тому
It didn't use to be....
@Antenox 13 днів тому
Florida is a real-time contemporary case study on how only the ultra-rich can survive an apocalyptic hellscape
@luisfilipe2023 13 днів тому
In the apocalypse their wealth would be meaningless
@monkeylipspoopflinger3397 13 днів тому
? Its awesome down here.
@selfrighteous88 13 днів тому
Florida is a real-time contemporary case study on how to run a state successfully. California, NY, Washington, etc. should take notice, but they won't, cuz they're too busy being woke.
@theepicgamer1196 13 днів тому
@@luisfilipe2023 The ultra-rich likely have wealth outside of cash and cash-equivalents. They may have one or more homes, cars, bunkers, etc. that they could use in an apocalypse.
@JacobsCapital 13 днів тому
@@luisfilipe2023 Absolute BS, they will be far better off than u.
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@robviviano8067 12 днів тому
I'm sure someone else pointed it out, but Jeff bezos actually is a native Florida man. He's from Miami. I think he was born in a different state, but spent his entire childhood in Kendall until he left for college.
@leonhenry4861 10 днів тому
Hence why the news article said Amazon founder heading BACK to Miami. Usually means he’s been there before 😂
@robviviano8067 10 днів тому
@@leonhenry4861I don't believe they said back to Florida. I just listened to the whole thing again and didn't hear them say that. What I did hear them say is that (immediately after talking about bezos) that none of the billionaires are native Florida men. Which is incorrect, bezos is a native Florida man.
@ricardovelez3796 8 днів тому
I just did some research and Jorge Mas is a Florida made billionaire*
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@leighcounry9956 13 днів тому
The problems with NYC, San Francisco, Seattle, etc is because of the billionaires and the high earner class. When these billionaires move in considerable numbers to Florida, the same exact problems in NYC, San Francisco, Seattle, etc. will follow them. Besides the handful of high income earners, how are the average American employees like local fire department employees, security guards, teachers, nurses, family doctors, Starbuck's barista, Target employees, lawn care employees, hotel/motel employees, grocery store employees, fast food employees, restaurant employees, etc are supposed to afford living and working in Florida. The same exact problems in the big cities that the billionaires are leaving from. NYC, San Francisco, Seattle, etc are better off in the long run when these billionaires, their companies and the top 10% leave the area; and the local residents can stop subsidizing the professional sport stadiums.
@MADNIKstudios 13 днів тому
I live in Massena, New York. There are no billionaires here, and high earners leave this state every day. My taxes still go to subsidizing professional sports stadiums in Buffalo, and my taxes go up every year because there are less rich people to tax with the added benefit of those taxes ensuring nobody wants to open a business where I live so my community members can find gainful employment. You are wrong.
@thatundeadlegacy2985 13 днів тому
Bruh its not like they're democrats mass moving to ruin another state
@dashmeetsingh9679 13 днів тому
@@MADNIKstudios Actually the OC is right here. As soon as wealth flows, things become expensive. As soon as wealth flows out, everything possible is done for things, to not to, lose their value. In a truly free and fair economy, things would go down in value. But that will never happen, until the whole system collapses.
@MrNikoback 13 днів тому
nobody competes with billionaires when it comes to housing/restaurants etc. They don't live and eat where you do.
@jdodd931 13 днів тому
You're assuming that building doesn't have it's own market with supply and demand forces. The problem in NYC and San Francisco is market intervention in the property market. In California especially the rules for new builds are arbitrary and onerress which keep new and different types of residents being built. The laws in this case protect homeowners over home buyers. Because a new house will in California lower the price of houses in the neighborhood via competition. And in New York rent control has been a disaster. No one wants to build non-luxury residents in NYC because of how long it takes to reach profitablity, so now everything in the city is old and falling apart or a luxury apartment. Long story short government intervention's unintended consequences are the problem
@marksparrow4038 13 днів тому
"Guys the Florida coast will be under water in like 5 years!!!!!!" ALSO "Hey guys I just bought 5 mansions on the Florida coast"
@AK-ne4og 13 днів тому
Now you know they talk BS. It is all for money and control
@KingxDavid2024 13 днів тому
lol exactly people are still getting their 30 year fixed mortgages on beachfront properties at record rates
@FelipeKana1 13 днів тому
This means those people are dumb and denialist. Or they don't care in leaving property to their kids. South Florida will be a swamp by 2060
@burn_out 12 днів тому
@@KingxDavid2024not just people, but billionaires, as in actually the most informed people on Earth.
@travisgatlin536 12 днів тому
as if they couldn't just move on a whim
@andyt1313 13 днів тому
West Palm Beach (3rd on that billionaire vacation list) was a working class city but large parts of it beautiful tree lined streets are now uber expensive and trendy for the so called nouveau riche. My humble bungalow there has skyrocketed in value.
@Aaa-dv3oi 9 днів тому
Ayeee niceee
@Dohair879 3 дні тому
Meanwhile the west side is the country.
@vipermikem1 13 днів тому
Rich, old people having been moving to Florida for decades. Nothing really new here.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@stereo-soulsoundsystem5070 11 днів тому
nawl but he explaining the reasoning behind why
@nataliajason2193 10 днів тому
@@stereo-soulsoundsystem5070Hi how are you? Care for a chat?
@oquendo0021 13 днів тому
Florida just got rid of alimony also
@epbrown01 13 днів тому
See, that should have been the lead; lot of appeal to billionaires right there.
@oquendo0021 12 днів тому
@@epbrown01 i figured he would say that because that will bring a lot of them here for sure. I don’t live in Miami but an hour north of in ft pierce
@davianoinglesias5030 11 днів тому
Ah, now that's something that explains the whole migration craze
@datingwithkaty 11 днів тому
Any billionaire is already got his funds hedged away from any woman. Please.
@stereo-soulsoundsystem5070 11 днів тому
Jeff Bezos lost quite a pretty penny through his divorce. Many disgustingly wealthy divorcess amigo
@SANDVlCH 13 днів тому
What a wonderful trend. I sure do hope none of these assets are destroyed in a tropical storm…
@Bwilli1990 13 днів тому
I live in Fort Myers Florida and most jobs don’t pay that well. I have two college degrees an associate in arts and a Bachelor of Arts in Interdisciplinary Entrepreneurship Studies from Florida Gulf Coast University from the Daveler and Kananui School of Entrepreneurship. I was told by my West African immigrant mother who immigrated to America from Liberia after my dad who also immigrated when I wanted to go for my masters of science in entrepreneurship she said the job you are looking for you are not going to get you are black.😢 I want to become an entrepreneur because I can see there are no longer going to be that much jobs. I own a Shopify high ticket e-commerce dropshipping store high ticket means I sell products over $200.00 dollars. I live in Florida and the difference between the rich and poor is night and day a lot of times you will see Ferraris Porsches and Lamborghinis . I feel that I might need to get my second citizenship in Liberia because I am of Liberian descent start businesses in Liberia get rich and then come back victorious to Florida😂😂😂😂
@mowtivatedmechanic1172 13 днів тому
Exactly. Do that bro. Go back home, stack cash and come back in 20 years.
@name_unpickable 13 днів тому
Yeah, Florida is simultaneously much more expensive than the midwest, but does not pay enough to compensate for the cost of living. Pretty disparate when you look around.
@stereo-soulsoundsystem5070 11 днів тому
*whispers* "Ooh I like ya accent! Where ya from?"
@stereo-soulsoundsystem5070 11 днів тому
I'm sure the intense disparity will be handled intelligently and carefully and many hard working people won't be forgotten and left to struggle /s
@cullenpeterson 12 днів тому
FYI - Ken Griffin is a native Floridian. He’s from Daytona Beach IIRC. He just built his career in Chicago.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@chronokoks 10 днів тому
Florida is also comparatively quite safer than other places (cough cough California).
@KA-ys5ps 13 днів тому
Does this mean they’ll start referring to those in FL as “coastal elites” now?
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@BoozewithNick 13 днів тому
Jeff Bezos drinking a $20 bottle of scotch was a nice touch. 😂
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@BaSSickbro 13 днів тому
I think it’s hilarious they’re all flocking to Florida as they destroy the climate. Which is going make Florida hard to live in lol 😂.
@selfrighteous88 13 днів тому
What does 'destroying the climate' mean? How exactly are finance and tech billionaires doing that?
@JUAN75001 13 днів тому
How TF are they destroying the climate?
@unoriginalname4321 13 днів тому
And, once all the billionaires are in Florida, we call Bugs Bunny
@Maelstromme 13 днів тому
@@selfrighteous88By individually releasing a million times more emissions on average than the average person in the bottom 90%. Also by generally backing and donating to cynical candidates and a certain political party that has apocalyptic fantasies and wants to barrel straight towards Armageddon.
@Code7Unltd 13 днів тому
@@unoriginalname4321 "I knew I should've taken that left at Albuquerque!"
@alesecq2172 13 днів тому
Centimilionaire was a new word for me, but from mathematics I was confused since centimillionaire would mean net worth in tens of thousands of dollars :D proper term would have been hectomillionaire
@FiftyFabs 12 днів тому
Centi is latin for 100. So a centi-millionaire is someone whos net worth ranges from 100$mil - 999$mil.
@hansklok3564 12 днів тому
@@FiftyFabsactually centi is derived from the latin word centum. That means 100.
@davidebic 12 днів тому
@@hansklok3564centi is just a declination of centum. Same word.
@debesys6306 12 днів тому
@@FiftyFabs yeah but a centimeter isn't 100 meters
@FiftyFabs 12 днів тому
@@debesys6306Sure, but the definition of a word changes by context.
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YES!!! That's exactly her name (Maria Davis) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia🇦🇺
@localneo-graphic4647 13 днів тому
A billion dollar super mansion? That's absolutely nuts. Also only 25k centimillionaires? I mean that's still an obscene amount of money, but I still thought it'd be higher for the entire world.
@HowMoneyWorks 13 днів тому
There likely are a lot more, but because these people value their privacy their wealth can be impossible to verify unless it comes from a public company with reporting requirements.
@francescopisano4877 11 днів тому
actually, they’re way less. most of these people have paper wealth. if they wanted to cash out €100mm next week or next month or even next year they can’t. it’s tied up in private companies and real estate and estimated with the highest possible sale. If we talk about people who have €100mm in the S&P500 that they can sell right now, it’s probably only a few thousand.
@francescopisano4877 11 днів тому
to see how many truly have €100mm, a fair assessment in my opinion would be a number similar to the amount of people who own a €5mm+ private jet. not that many do. flying on one=/owning one
@youtubasoarus 2 дні тому
*property. The buildings are never worth as much as the property itself.
@sfkeepay 11 днів тому
This is why higher taxes on capital gains need to be enforced based the sale, not the location or home of the seller.
@sprinkle61 8 днів тому
Its state tax, how would state A apply its tax to a resident of state B ?
@davidminear 7 днів тому
That would be the federal capital gains tax, which already exists.
@sfkeepay 4 дні тому
@@davidminear And which is absurdly low and has several exploitable loopholes. Which is why I said “higher” taxes. But point taken.
@oktaymammadov4576 13 днів тому
Love your videos brother, keep up staying true
@HowMoneyWorks 13 днів тому
I appreciate that
@oktaymammadov4576 13 днів тому
Your videos are a break after all the financial bullshit the media passes around.
@AwesomeHairo 13 днів тому
You misused a comma.
@oktaymammadov4576 13 днів тому
@@AwesomeHairo Thanks for pointing it out.
@MarkLawrence-pr3sj 12 днів тому
Your videos were great!! I'm one of your viewers and have been watching your videos lately. I would like to invest, but I still can't find the right investment to commit to. I will appreciate any help here.
@DesTiny-jh4cn 12 днів тому
It makes sense that BTC and crypto are of helping to regulate, rather than pretend it won't ever happen. The big institutions getting In is the catalyst that will laugh us made they grow used to it becomes a nonissue usually because of their fears never materialize. And benefits they were unaware of before turn out to be more beneficial
@Raphaelsmith-ri6fb 12 днів тому
Trading is easy, but trading the right coin without a time-tested strategy is incredibly hard.
@workjax 12 днів тому
My advice, never do shorts or longs on stocks or #crypto most people went bankrupt better buying in parts monthly
@HarrisMorgan-iv1vh 12 днів тому
I've been in touch with a financial advisor ever since I got into the market. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending Crypto, which is pretty simple. On my portfolio, which has grown over overboard and been making about $1 500 bi-weekly, What I'm trying to say is the 5% of traders in the world that are consistently profitable are very reserved, they are just random/lowkey people no one even expects. My account manager chooses entry and exit orders
@LeoRaphael-rn3ee 12 днів тому
How can someone know a professional broker when legit once are hard to find this days
@garywidom 11 днів тому
Jeff Bezos attended Miami Palmetto Senior High School and, at one point, worked as a cook at a Miami-area McDonald's. He graduated as valedictorian of his high school class in 1982.
@danielromerosol4158 9 днів тому
Can you remind me where did his parents lived?
@QbnAmCan 6 днів тому
So his parents gave him a work ethic. Big deal
@BrokeBoyBeck День тому
It’s not just Miami, central Florida is also exploding in wealth. Windermere, Lake Nona, Winter Park, Baldwin Park, by the University of Central Florida are increasingly becoming incredibly wealthy. It’s so much fun to show visiting family and friends tours of these neighborhoods in Orlando. The look on their faces when they see the vast properties and houses are great 😂. Sometimes I forget how much of a bubble we live in, in and around campus.
@travissobeck4939 13 днів тому
when the table scraps are that good .... lol
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@brassmonkey7566 13 днів тому
They better get them robots cranking because real working people are being priced out of the state. I am 6 generations deep here and thinking about moving northish . It really sucks watching my state go to hell.
@mowtivatedmechanic1172 13 днів тому
I’m two gen deep and I’m staying. I hear ya though.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink?
@stereo-soulsoundsystem5070 11 днів тому
Aye I heard that Florida could have a small real estate correction, wherein greedy developers overbuilt and overpaid for undesired apartments and there may* be a sharp decline in prices in certain areas of your state, good luck!
@Demmrir 13 днів тому
I'm glad that I violate the hell out of the crossing financial lines study. All of my friends are in different income brackets, from "none" to "social security disability" through warehouse workers, tech support, up to FAANG developers who still don't make as much money as me. Makes me feel more well-rounded to not just hang out with boring rich people who don't understand "the poors".
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@stereo-soulsoundsystem5070 11 днів тому
we're too poor to know wtf you are even referring to...
@gtbkts 13 днів тому
Thanks for the awesome videos and all the amazing content!!
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat?
@subanark 13 днів тому
I really do want to talk to and relate to all kinds of people, but I find one of the hardest thing to do is relate to people who live paycheck to paycheck. I used to pity those who could not afford it due to their job/disability. I used to be disappointed at those who choose to live above their means. I used to be upset at the education system for not preparing the next generation for proper finical responsibility. I am upset that the tactics used to tax the poor are common place. Most of all, I am upset that the basics needs, food, shelter, clothing, are not provided as a basic human right that we as a society can afford.
@BTrain-is8ch 13 днів тому
Can you afford it? Don't worry about what "we" can afford. Too many people make these proclamations about what "we" can afford when they really mean "those people". Were it legitimately we maybe some of these things would have already happened.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink?
@subanark 12 днів тому
@@BTrain-is8ch I really am trying to understand what you are saying. My stance is that money problems are a sociatal issue much more than a personal one. I would like to understand more, but I never had the experience so many have/had when it comes to worrying about where next rent money will come from. I want to advocate for social equality, but it is difficult if i don't really understand it from personal experiences.
@BTrain-is8ch 12 днів тому
@@subanark A large percentage of Americans believe they should be able to get something for nothing. Let's take post-secondary education as an example. Lots of people on the internet that think it should be "free" but what they really mean is that most of them think their education should be funded at someone else's expense. They say "we" can or "society" can afford it but have no intention of offering up their own money for the cause. If they were willing to put their own money on the table and are as numerous as they claim the problem would be solved and post-secondary education would be free but that's not their actual problem with the status quo. They're implicitly signaling that these services that apparently "society" should provide are not worth their own money. However, if they don't think that education is worth their own money then how can it logically be worth it for anyone else? It can't and don't see the logical pitfall. If you're not willing to allocate your dollars to a thing to which you are essentially the sole beneficiary why would anyone else?
@tristanlong7 12 днів тому
@@subanarkwell I do live paycheck to paycheck. The problem is that I didn't live this life a few years ago(pre pandemic fallout tbh). The cost of living has jumped drastically and even though I make more money now and cut back on all "fun" expenses. I still can hardly afford to get by. I watched the grocery bill more then double. My phone and insurance has stayed relatively the same. However this means using the same vehicle and phone since 2019. I own them as well. Rental prices have doubled if not tripled in the last few years. Well it's pretty much the same story across the board on this topic. The issue is inflation and the greed taking advantage of it. Currently the middle class has shrunk and the top percent have been making record profit off the last few years. The government dosen't really care to fix it unless they get something out of it. I mean look at all the funding for foreign wars and then look at what we get. Now they want even more taxes. All while the top percent can hire people to walk around paying what they're supposed to for taxes. We can do what they do, but most don't know how to do that and are too busy to take the time to learn it. It's a mess. Kinda just holding out to see where it goes in the future. If my current situation fails, then I'm going to start over doing something else. That means going homeless and all that. However I will rebuild. I get asked "where do you see yourself in the future or what is your goals in the future". Well I don't have a answer to that. Struggling to get by as is and it dosen't really change how hard I try or cut back. So maybe the next election will fix it, but my hopes ain't high on that. Maybe it will go to a full collapse and everyone will just stop caring. The US has turned into a strange state of affairs. Apparently are economy is strong, but everyone in the lower class is struggling more then ever. Yeah I don't really understand it anymore.
@proftobes 13 днів тому
FYI, Ken Griffin is, in fact, a native Floridian.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@giladpellaeon1691 13 днів тому
Probably explains why Miami is the most miserable major city in the U.S.
@Vietkieufamily 12 днів тому
Solid channel! Love the content. ❤🎉🎉
@johnderek2896 10 днів тому
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance but if you want to make your money work for you...prevent inflation
@CielleNewton-bf3vs 10 днів тому
What are you talking about and how could this be explained?can someone please explain
@AlejandroGonzalez-ms3go 10 днів тому
How does this crypto stuff really works and how do I make I make good profit from it? I'm willing to invest in it but I need guidance so I don't lose out
@johnderek2896 10 днів тому
Jane Roy
@johnderek2896 10 днів тому
My financial advisor , she’s a professional and has helped many become millionaires fr
@minidinusmark1794 10 днів тому
I must say crypto is the future and the way investment is the only concept that separate the rich from the poor
@youngatnaruto5842 13 днів тому
2:15 this is actually a good thing Florida has done
@reprovedcandy 13 днів тому
Yeah idk cause that will incentive wealthy people to buy tons of real estate in FL, driving up the prices for regular people.
@howtoappearincompletely9739 13 днів тому
I like the principle, but it seems to have had some negative (unforeseen?) consequences.
@astro.avesta 13 днів тому
if it was made for regular floridians, they should have set a cap on the property value
@mowtivatedmechanic1172 13 днів тому
I’m glad I’m closing on my property next month. Hopefully Florida drops Property taxes and just uses sales tax.
@predarattonsamrong364 13 днів тому
Well we can trick the system 😂 buy an expensive house in good location become bankruptcy and got the house sell it later for profit 😂
@anthony1907 11 днів тому
Ken Griffin is a native Floridian. Was born in Daytona Beach and went to high school in Boca.
@AntonAtan 13 днів тому
What happened to sea level rising? 😅
@vanyac6448 13 днів тому
Well, they outsource that responsibility to insurance providers, and hope that the Floridian government puts up enough seawalls. If and when insurance gets too high, they'll sell.
@jakemaxwell3810 13 днів тому
It's not rocketing upward, it's like a foot every couple decades. If you only care about one property or city, you can just build sea walls.
@AntonAtan 13 днів тому
Is a beach front property considered to be on the beach if it is surrround by a sea wall? There will be no beach :D
@AntonAtan 13 днів тому
@vanyac6448 insurance companies deny coverage left and right, but they insure $100m mansions right next to a rising ocean. It's so strange.
@Pistolita221 13 днів тому
@@AntonAtan Do you think rich people buy ferrari's because they're practical? No. They buy it because they already have their incognito normie car, their luxury statement royce or bently, and at least 1 other car, probably more though, and they get the ferrari to use for 1 week a year, maybe for a fun time. Why do you think a billionaire buys their 5th house? Similar reasons, not for practicality.
@kingarth0r 13 днів тому
bro how on earth do these people need so much money? Just goes to show how greedy humans can be.
@mowtivatedmechanic1172 13 днів тому
Jobs for millions. Took 82k from multi million pot. Hardly greedy bro. Capitalist? Yes absolutely.
@gabriellat.6735 12 днів тому
“Anyone can be rich, just do this”....
@gabriellat.6735 12 днів тому
The first step to attaining wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.....
@gabriellat.6735 12 днів тому
I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire soon. Give this a try and attain good-returns...
@gabriellat.6735 12 днів тому
researvh this in full, if you care Financial-Advisor REBECCA MARTIN WATSON
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink?
@AthenaTheWolf 9 днів тому
Glad I moved to FL. I got the homestead exemption after my first year. Property taxes drop to zero once a certain threshold is met.
@eng.miroslavmanahilov1730 12 днів тому
Binge watched every video and now I am a subscriber!
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat?
@tommydaplvgvevo8700 11 днів тому
I love the grounded reality of this channel!!! *Retirement took a toll on my finances, but with my involvement in the digital market, $15,000 weekly returns has been life changing. AWESOME GOD* ❤️.
@sman8yogyakarta909 11 днів тому
I feel sympathy and empathy for our country, low income earners are suffering to survive, and I appreciate Wayne. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 28 days of trading.
@Beautiful11907 11 днів тому
I'm in a similar situation where should I look to increase income? Do you have any advice? What did you do ? Thank you
@Brook_589 11 днів тому
Well I engage in nice side hustles like inves'ting, and the good thing is I do it with one one of the best(Michael Wayne), he's really good!
@eed-oz6co 11 днів тому
Did someone just mention Mr Wayne!? Damn! You just made my day; what a coincidence.. I've worked with him for over 2years and I can tell how good he is
@Lincoln1177 11 днів тому
It's great to see you guys talking about Michael Wayne, This man changed the game for me. Good Man ❤
@Alex-ts2in 11 днів тому
My investments in stocks and crypto are not meeting my expectations. Any last minute tips to improve my situation and make more $$$? I really need some urgent advice 🙏
@Noelshaw-ih4de 11 днів тому
Keeping up with news sources like CNBC could help out Just buy when prices are low and sell when prices rise
@CalebRowe-tc4wj 11 днів тому
No lock on my side yet, just a sideways trend and a bear market crushing my portfolio. Need a bull run ASAP!
@JeffG-pd 11 днів тому
Buy more and hold onto it for the long term. Solana and Raydium seem good, and Dogecoin is worth considering too.
@IvorThomson 11 днів тому
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
@Scottbos-ix9gb 11 днів тому
A lot of folks downplay the role of advlsors until being burnt by their own emotions. Over the years, Ive been able to achieve a level of financial growth that I never thought possible, by just partnering with seasoned traders and financial advisors. This method remains highly efficient even till today
@Demmrir 13 днів тому
This is why it would be so important to update FEDERAL capital gains tax law. Because billionaires are happy to live in different states and drag their companies with them but they simply don't have the same qualified workers or the same safety and lifestyle guarantees in other countries.
@deoarlo 13 днів тому
4:30 This man must've used manscape 🤣🤣
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@ambition4195 13 днів тому
Even GTA will be in Florida I mean Leonida.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@dirtycommie2877 11 днів тому
Personally I'm not interested in living in any place that touts itself as a "billionaire's playground." And especially not at a place that's slowly being reclaimed by the ocean.
@Michadoo 6 днів тому
I live in Georgia and a lot of Floridians are moving here. I see why. Imagine a state changing all of it's laws not to help the majority but a handful of hoarders. The billionaires all seem to be going crazy.
@xellent 13 днів тому
I think the main difference between Southern Florida 10:13 and San Francisco is that Flordia is building more houses, which means more people can move there.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@MrApw2011 13 днів тому
While there are reasons to question our philosophy about individualism and who is deserving of what, starting a company, no matter how successful it becomes, isn't all luck and luxury. Yes, you need some luck to make billions. However, whether you make billions or you fall flat, starting and growing a company isn't easy.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat?
@jerseys89finest 13 днів тому
We need to get rid of income tax. I would be ok with taxes on purchases and businesses. Not personal income tax.
@JayBigDadyCy 11 днів тому
A someone who lives down here - they can have it. I used to love living in SoFlo. I hate it now. Absolutely hate it. The traffic rivals the largest cities in America. People are rude. The culture is all over the place. Oh!!! And the worst part - there is trash literally everywhere. All over the sides of the roads, parking lots, beaches, there is trash/litter everywhere. It's maddening. Nowhere else in the US is it this dirty. I promise you. It's just kind of crappy. It doesn't smell like piss like NYC does, but it's dirtier somehow.
@KenYamaguchi-sg5zr 6 днів тому
Thank you for an entertaining and informative post.
@panama-canada 13 днів тому
Same reason why originally the drug money floated to Miami.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@Wmuthoni 12 днів тому
Many retirees are leaving Florida and heading to the Appalachians especially West Virginia because they can’t afford rents and cost living has sky rocketed. Consequently, West Virginia residents aren’t too happy coz housing prices are going up. I live in SF Bay Area what’s happened here has been shipped to Florida and 3 yrs ago a work colleague relocated to Florida coz she stated that it was cheaper now she’s worried that the same issues she was trying to get away from have followed her to Florida.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@faerydae29 11 днів тому
Hopefully that means she’ll leave Florida . I like californias but hate how their salaries have driven up the market here.
@tonycrabtree3416 13 днів тому
Not a safe haven, it is a you made it you keep it. Florida changed their laws after the Robbie kids inherited the Dolphins, but had to sell the team due to taxes.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@kencook8819 13 днів тому
1:05 "Cracking down on wealth". Where you proceed to show that corporations are paying 1% in taxes. What a joke.
@chimagamer4157 13 днів тому
bro that is net wealth tax
@reprovedcandy 13 днів тому
being taxed anything for simply existing seems harsh. I'd prefer taxing people properly while they're earning it..
@AwesomeHairo 13 днів тому
@@reprovedcandy Income tax is theft.
@mowtivatedmechanic1172 13 днів тому
All income and property tax should be abolished. Should just be country wide sales tax. The more you spend the more you pay. The more you make the more you can spend.
@AwesomeHairo 13 днів тому
@@reprovedcandy Income tax is theft.
@skeletonboxers7336 13 днів тому
ad ends at 4:32
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink?
@victorbaird8220 11 днів тому
You are so beautiful 😍 😊
@ArmandFranta 11 днів тому
@@victorbaird8220where are you from?
@JesseTrammell 10 днів тому
What city is that at 8:26? I thought Phoenix at first, but the mountains/skyline look wrong.
@FezzUG 12 днів тому
The cost of living in Miami is rapidly rising to the value of New York and areas in California, it is almost no way to comfortably live here if you aren't wealthy or had bought a house before during covid and before. There is only apartment complexes being built by the ultra wealthy to rent out to people for the prices just short of a mortgage and houses are not obtainable at this interest unless you are very well off in a well paying job. I'm not sure what the answer is anymore except moving to somewhere that's cheaper. I don't know how other people are genuinely holding up in the middle class
@howtoappearincompletely9739 13 днів тому
1:42 People with over $100M each are better called hectomillionaires.
@TalesOfTrillions 13 днів тому
Florida: Where even billionaires need a vacation home for their vacation homes. 😂
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@Diecastinator 10 днів тому
I thought the homestead bankruptcy exemption was really valuable. I appreciate you mentioning that not that many people bring that up. That was a big deal for OJ Simpson one of the reasons he moved to Florida over California where he was living. Iowa where I'm out of also has the same type of homestead bankruptcy exemption. It's based on acreage and that dollar dominated asset. I see it as a hedge against inflation/ depression in the realm that you can liquidate your assets and lose your business and all these other things. But you know you'll have a roof over your head. I live in a low cost of living area and an owner occupied duplex. The rent from my other unit covers my housing expenses. So for all intents and purposes I live for free which is pretty awesome. And then I know if I go bankrupt or someone tries to cancel me etc. I can keep a roof over my head for the rest of my life but I bought my property for about 100 Grand in my twenties and it's my forever home. You make some awesome videos and this was another one 🙂
@user-it9vs3vq2z 8 днів тому
That's crazy when you cut taxes to zero and inheritance taxes to zero you get a real estate conflict. It could drive up the cost of living to the point where say millionaires can't afford it. That's a level of analysis that is upper level that tax collector accountants can't comprehend. They don't understand the functionality or secondary economic effects of tax policies. If you're a millionaire you can't afford your healthcare if you get stuck in a hospital. the healthcare can be super expensive in florida but they may give an estate tax break but your going to go broke in healthcare before you need it. but if you're billionaire, you have plenty for health relative to taxes. I can't stand lawyers and accountants and idiots in finance because they're dumb. The only know what's on the paper.
@kensekilei3713 13 днів тому
Ken Griffin is actually a Florida native 🤦
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@stevenneiman1554 12 днів тому
Capital gains taxes are a great example of what's wrong with America. Yes, they should be taxed differently, but that tax should always be higher, not lower. Someone whose money comes from income is probably contributing to the prosperity of society. Someone whose moeny comes primarily from capital gains is either succeeding at gambling, coasting on existing wealth and the value others produce, or contributing to the success of certain companies (usually at the expense of the broader market and society as a whole). Also, fun fact: The same homestead exemption was also the reason why OJ Simpson moved to florida.
@name_unpickable 13 днів тому
Awesome video! Just wanted to share some personal insights: Ken Griffin is most likely here just to buy up and build out his personal real estate portfolio. Citadel who just moved their "headquarters" to Miami in 2022 is "not looking to expand their Miami location at this time" according to what their recruiters told me a few months ago. A lot of big tech has also said they'd move down with jobsand whole campuses for years, but they never do outside of some sales offices. It's all in the personal tax benefits for their owners/executives imo. The homestead exemption probably isn't a huge factor, as it does require living in it for 40 consecutive months and seems to have other less than ideal nuances (limits on property size, etc). I think the Bang energy CEO might've been unable to claim the homestead exemption, or I could be misremembering.
@mowtivatedmechanic1172 13 днів тому
For the exemption you just need to list it as “primary residence” IE your mail service goes there.
@name_unpickable 13 днів тому
Ahh good point, it's limited to the primary, I forgot that part. There is still the 40-month rule for home values over $290k though, but that's not as hard to meet if it's actually a primary residence. There do seem to be acreage limits though (unless it's out of city limits where it's practically unlimited at 160 acres), from what I'm reading.
@michealwestfall8544 13 днів тому
Ah yes, the problems with states. They can compete for the wealthiest individuals and companies. Making everything worse for everyone else. Sure, no income tax, but inflation from money supply increase does the same thing as taxes: decrease spending power.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@EmeralBookwise 11 днів тому
Sounds like a damn fine argument to federalize all taxes, that are then be redistributed to each state according to how much was collected from them. Then again, that would still leave the same loophole just with ultra rich fleeing to the least regulated nations instead. The problem is that we live in an increasingly globalized world where people can more easily than ever in history do business in one place while living someplace else entirely.
@PaulinaEviar 13 днів тому
Well explained.Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject .....Thanks to Ms Laura Ferguson, the lady you recommended.....
@SarahWeeth 13 днів тому
Indeed investment has liberated a lot of families out of poverty, I recommend it to every bread winner out there.
@VictoriaBenson-vg3lo 13 днів тому
*you're right, I was financially favored last week, thanks Laura. Weekly profit of $25,500 from the small amount of $2,000 I invested. This really helped me a lot to pay our bills.*
@Alice10155 13 днів тому
I'm surprised you also trade with Laura Ferguson, she's the best at what she he does. At first i was afraid too before i gave it a try and realized fear kills dream more than failure.
@SmithNorman 13 днів тому
*Wow!!! I know Laura Ferguson and I have work with her over a year now. Her experience restored me from difficulties and liberated me financially. I'm so happy to see these comments about her again*
@MichaelWill-tc6oz 13 днів тому
*Please I'm new to this, how can I get her assistance?*
@connorferguson2269 12 днів тому
I forsee florida becoming a generaly more hated place globaly in the future, just a gut feeling.
@harrylloyd6955 10 днів тому
My cousin went to Miami just over a year ago. She could pull any guy she wanted. She was targeted by a billionaires son. Went over for a holiday a few months ago. I've never seen so much wealth in one area. Absolutely mind boggling.
@Bearoholic 13 днів тому
I live in south Florida and I can’t wait to leave
@mowtivatedmechanic1172 13 днів тому
Bet! Wanna sell me your place?
@SIGNATURESOUNDZ 12 днів тому
Good riddance
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat? Are you feeling good today?
@JeffJason-vn9nu 13 днів тому
*Well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject! Thanks to Mylah Evander the lady you recommended*
@FeliciaJagger 13 днів тому
That is true my dear! Investment is the best idea presently and without it, human struggles are worthless.
@NapoleonOwen 13 днів тому
I had no luck in digital assets, I actually invest myself but profits aren't as expected,,,
@AruseiRawat 13 днів тому
No doubt!! I never knew Mylah Evander had gone viral. I decided to back up my assets and property with her when we met at a conference in New Jersey for the first time.
@JeffJason-vn9nu 13 днів тому
Mylah totally changed my life for good. I have come across individuals but none is as honest as she is. So surprised you know her too.
@JesseLynne-xs7jn 13 днів тому
Is there anywhere I can get across this woman for a startup???
@KatarinaNolte 13 днів тому
FL property tax exemption for seniors?
@armorbearer9702 11 днів тому
It sounds like Florida is an excellent place to make connections.
@Pistolita221 13 днів тому
My city of 150k has at least 8 billionaire families based here, and another 3 to 5 who have it as a secondary hub/are only 30 minutes out of town. We do a lot of research, be it medical, financial, engineering, physics, data sciences, programming, etc. I think billionaires are MUCH more common than people assume, there are trillionaires out there. Half of the billionaires in my midwestern US town are dynastic european wealth, with titles and everything, so their money isn't disclosed. And another owns the bank (private local bank), and has an enormous trust fund (managed by their bank which they chair and are CEO and CFO of), so the family bank alone is worth over a billion, and they have other ventures. But we're not even the only spot like this, there are at least 3 other cities in my state that are similar. Billionaires are everywhere, and most of them prefer to live out of sight, so they don't disclose their wealth.
@DrGandW 13 днів тому
By billionaire families do you mean a family with several multimillionaires? Or where someone is a billionaire
@Pistolita221 13 днів тому
@@DrGandW Both, but generally the family has a billionaire as an individual, and a trust fund of a similar size for the rest of the descendants. One of the Lehman Brothers moved out here in 2014, 30 minutes outside of town.
@jimk8520 13 днів тому
There are 2,781 billionaires worldwide out of a little more than 8 billion people. There are only 813 in the USA out of a little over 400 million people. You might need to reevaluate your understanding of the word common.
@Michael-pi8ps 13 днів тому
@@jimk8520and billionaires tend to be near other billionaires. So it’s not rare so much as you live in a place where most of them congregate. I live in DC, I could say I live in a city with a lot of rich politicians and high ranking military officials. However that doesn’t mean that rich politicians or high ranking military officers are common on a national scale.
@jimk8520 13 днів тому
@@Michael-pi8ps Ok, there are 449,000 people living in Miami metro and yet there are only 73 billionaires there. That distinctly makes it uncommon even in that city.
@ngf5077 13 днів тому
Congratulations Washington! You got greedy and now he left so you get nothing 😂
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better?
@abcdefghi9 11 днів тому
Miami/Florida is the new New York. The weather is Amazing,a history of money laundering for drug cartels, All amenites, access to the coast etc.
@tuannguyen-zk3lv 10 днів тому
The problem with FL to grow a big hub of tech or financial like NYC and SF is the system of universities and colleges. They dont have any ivy league schools in the state. The more rich people come in to the state, young educated folks come in the state. The more blue it will become when the gap between rich and poor keep widen.
@nerdlingeeksly5192 11 днів тому
All states have to do is write a law saying if you want to do business in our state, then you pay our taxes. If they say no, companies like Amazon will only do business in Florida.
@NYN_000 13 днів тому
Safe heaven from Tax and storage of infinite money safely. That is the only reason Florida, Switzerland, Panama are first choices of rich people! This results in corruption worldwide because of these safe heaven!
@whatroads4x4 10 днів тому
Are they a safe heaven for middle class too?
@LadySonia-il9vu 12 днів тому
*My husband and I net-worth was $35,000 March 2024. Just hit 342k this week. It's a testimony I must share in all platforms* 🎉🎉🎉
@manjunathDegaon 12 днів тому
Where did you invest? I'm just trying to learn where or how do I begin so I can start the journey of compound interest. I am 54 and have saved some money, I just do not know clearly where everyone seems to know to put their money. It just says S&P 500 but I don't understand what that means
@LadySonia-il9vu 12 днів тому
I think I'm blessed if not, I wouldn't have met someone as spectacular as ma'am Laura Lynn 😊
@LadySonia-il9vu 12 днів тому
her transformative power of trading is remarkable. Despite being a medical doctor by profession, I've found that copy trading generates higher income for me without the need for direct involvement in trading activities
@chinnachinna-dp5um 12 днів тому
🙄Omg! what a coincidence
@chinnachinna-dp5um 12 днів тому
For the last mnths, expert ma'am Laura Lynn has made impact on my financial and actual quality of life than any other job
@jessedardompre1165 5 днів тому
As Miami native born and raised in dade county Bruhh we got to many people down here 😂 yall seen the traffic right? Lol
@myamia3677 13 днів тому
It’s awful, they dont even hide the fact that ppl not in their tax bracket are money bags to be drained. No regulations on rent is killing families.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat and get to know each other better. May I buy you a drink or join you for a conversation?
@ImARealHumanPerson 9 днів тому
It's the best state for people who enjoy money. That's why it's a red state and not a blue state.
@shannondavis5728 8 днів тому
the more people come to florida..the more customers we have to serve!!!!!
@anonymouslyanonymous3168 7 днів тому
Question : what color is their roofs? Royal blue?
@Zegeebwah 13 днів тому
Thank DeSantis
@elitepctech 13 днів тому
We need a Federal capital gains tax to equal that of income tax on wages. These rich financiers need to pair their fair share of taxes to the nation's society that benefitted them so much - no matter where in the world they flee too. Our economy was the best in the world in the 50s because we had a marginal tax rate on the rich of 90%, forcing them to re-invest in their business and provide a middle class living to millions of workers.
@hesham8 13 днів тому
Generally agree, though I’d want to note that capital gains tax should adopt a marginal system where the current rates are unchanged at total incomes under $1M. We do want to continue to incentivize people to invest - but at the extremes of wealth, incentives get a little funky.
@1krani 13 днів тому
So, you want a capital gains tax to cap at 25%? I'd be cool with that. Means I keep more of my money when I become wealthy.
@ShamileII 13 днів тому
Maybe stop giving away money for never-ending wars and propping up (((regimes)))
@elitepctech 13 днів тому
@@1krani - Capital gains should be taxed at the same rate as wages. It is wrong that a financier who sits around and talks in meetings all day pays less tax than someone who earns money by the sweat of his brow. These rich ppl got rich on the backs of the working class. They need to be forced to pay their fair share in taxes as they did in the 50s and 60s and still do in places like Germany and the Nordic Republics.
@elitepctech 13 днів тому
@@hesham8 - I could agree with that. That way the lower tax could benefit the workers while the bankers and CEOs would still pay their fair share back to the society that they benefitted so much from.
@briangasser973 13 днів тому
I dont think billionares are worried about going bankrupt. The propery tax bill is large in Florida. To avoid taxes, Jeff could have located to Nevada/Las Vegas.
@jeffc1347 12 днів тому
The Florida asset protection plan is real for many wealthy people though, regardless of whether its Bezos' reason for moving here or not. Coming from a Floridian lol.
@DeweeseJason 12 днів тому
Hello there! My name is Deweese and it's truly a pleasure to meet someone as captivating as you. Your grace and charm have already brightened my day. I couldn't resist coming over to say hello. I am one of the Grandmaster of the Illuminati. You have been chosen to become a member. With multiple rewards and prices.. I hope we can chat?
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