The Wealthy Idiots Show

Financial News: Recession is Here, Interest Rates, Stocks Up | Ramsey Reaction | Retirement Secret


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In financial news the May jobs report is out, interest rates might go up, stocks rebound from the debt ceiling debates, and a lady found what!?


In this weeks reaction, AJ breaks apart how the Dave Ramsey method may not be safe enough!


And lastly, AJ shows how big purchases early in your life can destroy your financial independence.


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Disclaimer: Nothing in these videos is intended to be professional financial advice. This is for entertainment and educational purposes only. We hope to motivate the viewer into taking serious steps into improving their financial future, however, a licensed financial advisor should be consulted when ever necessary. The viewer assumes all financial risk on any endeavors they attempt.


00:00 Introduction

00:51 May Jobs Report...Does it look good?

02:13 Debt Ceiling Debate is Over?

05:15 People are betting the Federal Reserve Does This With Interest Rates.

06:57 Stock Market Rebounded? Why?

07:45 A Lady Found What On a California Beach?

09:01 AJ Reacts to Team Ramsey Giving Risky Car Purchase Advice?

23:56 AJ Shows how major pruchases when you're young is the number one killer of the American Dream

35:43 Conclusion



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The Wealthy Idiots ShowBy The Wealthy Idiots