Most middle class people have ZERO money ‼️💯💰

@tscott.investments

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SoundTikTok sound · original sound - notify4me

Why it worked

The video challenges a widely held belief about homeownership as a primary investment strategy, using strong, provocative language and relatable examples to engage viewers and spark debate.

Summary

The video argues that buying a house is not a good investment in today's market, contrasting it with past generations. The speaker claims that most homeowners have little liquid cash because their money is tied up in their homes and their 401k investments are not substantial.

Structure

1Buying a house is not a good investment today.
2Past generations saw appreciation, but current prices are too high.
3Home equity doesn't equal liquid cash.
4Older advice is outdated.
5Invest in the stock/crypto market instead.

On-screen text

Most middle class people have ZERO money ‼️💯💰 ONE GEN UNDERSTAND A IS GOOD INVESTMENT. IN ITS KIND STUPID NOWADAYS WE WERE YOUR AGE, YEAH, HOUSE BECAUSE APPRECIATE WHEN 150 50 GRAND, THAT'S SMART. BUY IT'S GOOD 500,000. 600,000. WOW. MAYBE UPWARDS OF A MILLION. OWADAYS PEOPLE TO MAYBE 3% $500,000 MILLION STUPID. HOME EQUITY ANY MONEY. EMPLOYER LIKE 401K IT'S MUCH BECAUSE CLASS RAISED IT TIME. STRATEGY, BUT OPTIMAL STRATEGY. WILL WORKING 60 65 IF DOING THE MONEY. SO TRYING ANYTHING THEY'RE STATE ADVICE, YOUR GRANDPARENTS LIKELY OUTDATED. THEY'RE LEAST CRYPTO, UP DATE ALL. YOU NICE APPRECIATE NOT DATE AT ALL. TRAPPED REALISE TELLING ADVICE OUTDATED. RECOMMEND STOCK MARKET. PAID.

Original caption

DO NOT buy a house‼️💯🤷🏾‍♂️🫡💰 #financialfreedom #generationalwealth #homeownership #entrepreneur #millionaire

Transcript

One thing I want Gen Z to understand is buying a house is not a good investment. In my point of view, it's kind of stupid nowadays. Were you born in the 70s? Your age, yeah, buy a house because it's going to appreciate to a million dollars when you pay 150 grand for it, 200 grand. That's smart. But now to buy a house, it's going to cost you good 500,000, 600,000. Wow. Maybe upwards of a million. Nowadays people to maybe 3% on a 500,000, a million dollar home. That's stupid. Most people that have home equity don't have any money because all their money is tied into that home. And they may have a stock portfolio in which their employer like their 401k. But I guarantee you it's not that much because that's what most middle class people today were raised on. Get a house and let it appreciate over time. Yeah, that's a good strategy, but not the optimal strategy. That strategy will keep you working 60, 65 if you're not doing other things with the money. So anything that they're state advice, your grandparents likely is outdated. They're at least crypto, up to date at all. You nice appreciate not up to date at all. Trapped. Realise. Telling advice outdated. Recommend stock market. Paid.