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What do you guys think about Alex's recent video about money?

9 replies [Last post]
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Joined: 06/07/2012
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Joined: 01/18/2012
Dude how fucking dumb could

Dude how fucking dumb could you be to join the immersion program. Those guys are not "good". They're all beginners just trying to edge each other on. It works decently well for guys trying to get any kind of step up in the game, but it is not an elite training program. 

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Joined: 06/07/2012
Yeah, I kind of figured that

Yeah, I kind of figured that might be the case.

It sounds cool in theory. I mean, you would think with an instructor living in house it would be more than some more standard stuff you would hear on rsdnation.

Guess not.

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Joined: 06/07/2012
For some reason I was like

For some reason I was like "if I wanted to stay in vegas anyways, the price of immersion is probably the same as an apartment out there anyway"

but I just googled apartments in vegas and all of them were like over 50% cheaper when I spent less than 1 minute looking haha.

I mean, it's not like I would've signed up on a whim or something. But if it's what you say it is, then I guess it's not all it's cracked up to be.

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Joined: 01/18/2012
If you waste your

If you waste your grandparent's amazing graduation gift on that program I will punch you in your balls so it wouldn't be worth it anyways 

My first apartment in Vegas was a two bdrm apartment for $550. My 3 bdrm house with a swimming pool and jacuzzi was $1200. 

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The meaning of life is to find your gift. The purpose of life is to give it away. - William Shakespeare & Pablo Picasso

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Joined: 06/07/2012
LOL, point taken. That's

LOL, point taken.

That's around what my apartment costs where I live now, which is no where close to a major city. I've never lived in the city before so I just assumed costs of living would be WAY higher.

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Joined: 01/18/2012
Las Vegas real estate is dirt

Las Vegas real estate is dirt cheap

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The meaning of life is to find your gift. The purpose of life is to give it away. - William Shakespeare & Pablo Picasso

I go in and I'm crisp, clean and my vocals are fucking coming out like music. - Anonymous MW student

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Joined: 09/10/2012
I agree

Obvoiusly to a certain extent only.

But yeah.  When you're young you should do shit like travel the world or have adventures.

But you should also be building skillsets.

You should do both.  Because you're young enough to push yourself hard to both work hard and play hard.  

Infinity's picture
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Joined: 09/18/2013
I really agree with Alex on

I really agree with Alex on most of that, but I think you're misinterpreting what he's saying a little bit. Yeah, investing in yourself is the best investment you can possibly make. However, you don't sell financial assets you already have, to do it. This may even be a test by your grandparents to see how you handle having some money, i dunno. If I had grandchildren, that's exactly what I would do, before leaving them an inheritance.

You have to think of assets (1000 shares in Ford) as the golden goose. If I were you, I'd take the dividends from that asset and put them toward what alex is talking about. The dividends are cash, so is money you earn from a job. You can spend cash more frivolously  than cash from "sale of assets" or "killing the golden goose" (something that produces cash)

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Infinity's picture
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Joined: 09/18/2013
One of the problems that

One of the problems that "poor people" have, is they only think of money on the level of cash. EARN/SPEND. They ask themselves what job they need to get to earn more cash. You need to be thinking in terms of ASSETS/LIABILITIES.

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