The Bag Talk Show

Ep 3 | BONUS Q&A! - Real Estate, Crypto, College, Millionaire Strategy


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Welcome to BAG TALK - where we translate WEALTH! Tyrell Ryan and Hnu Thaper are your hosts.  


This is a BONUS episode where we decided to answer a couple of questions we received from you guys in the comments section. The breakdown of the episode is: 


1. College savings plans for kids - Here we go over plans such as 529 and how it can be used for educational purposes for kids. We also mention the IRA where you can take money out without paying an early penalty! And finally, we introduce how you can use real estate to invest in your kid’s college savings plan


2. How long does it take to become a millionaire - This is the most popular question we received and we did our BEST to break down the EASIEST way for you to become a millionaire. So if you listen to the tips in this video and SOLELY invest in the S&P 500 index fund, you can be a millionaire within 20 years —— and the best part, you can start with $0 


3. Crypto predictions for 2022 - We break down how we think crypto will perform this year and what our strategy is going forward to protect ourselves! 


4. How to get started in real estate without THOUSANDS of $$$ - Over here we mention programs such as the FHA, which allows you to put 3.5% down on a home. Additionally, we discuss strategies like house hacking, lease-to-own, and owning with peers! 


As always, this show is intended to bring a new culture to financial literacy! It’s intended for those who don’t want to work forever - those who want to BUY THEIR TIME BACK. 


So keep the questions coming and we are gonna do our BEST to get back to you ASAP! 


#BagTalk #WeTranslateWealth #TalkWealthyToMe  

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DISCLAIMER: THIS EPISODE IS INTENDED TO PROVIDE YOU WITH OUR GENERAL BUSINESS OPINIONS. NOTHING IN THIS EPISODE IS INTENDED TO SERVE AS LEGAL OR FINANCIAL ADVICE. BE SURE TO DO YOUR OWN RESEARCH AND CONSULT WITH A 3RD PARTY LICENSED ATTORNEY, CONSULTING FIRM, OR ANY OTHER LEGAL RESOURCES TO UNDERSTAND THE LOCAL RULES AND REGULATIONS THAT MIGHT AFFECT YOUR LOCAL BUSINESS OR YOURSELF. PLEASE UNDERSTAND THAT WE ARE SHARING OUR OPINIONS AND THOUGHTS WHICH WE HAVE GAINED FROM OUR EXPERIENCES THROUGHOUT THE LAST 5+ YEARS. WE CANNOT GUARANTEE YOUR SUCCESS OR ANY RESULT, SO PLEASE DO YOUR OWN DUE DILIGENCE. ALL RIGHTS RESERVED. NO PART OF THIS PODCAST IS TO BE REPRODUCED, DISTRIBUTED, NOT TRANSMITTED IN ANY FORM OR BY ANY MEANS WITHOUT THE PRIOR WRITTEN PERMISSION OF BAG TALK.

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The Bag Talk ShowBy The Bag Talk Show