Latest news with #GrahamStephan
Yahoo
27-05-2025
- Automotive
- Yahoo
Graham Stephan Explains The Importance Of Buying A Luxury Car: 'You Get A Lamborghini, You're Making Quadruple The Money'
The car you drive affects how people see you. It's part of the first impression that can impact your ability to get a date and close sales. Real estate investor and YouTuber Graham Stephan recently discussed how driving a luxury car can lead to more opportunities. While not everyone cares about getting a flashy car just to get on more dates, Stephan brings up that it can be a good career move to get a luxury car, especially if you are in sales. "You get a Lamborghini; you're making quadruple the money," he stated. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. That doesn't mean your salary will automatically quadruple if you get a Lamborghini. However, a luxury car can still give your income a significant boost if you present it to the right people. Arriving at a big meeting with a luxury car can cause people to take your advice more seriously. Many people interpret a high-end car as a symbol of success. It requires a lot of money to buy one of these cars, and it's just one line item in your expenses. People also have to pay for housing, groceries, transportation, and other costs. If you have enough money to spend on a Lamborghini or a similar car model, people assume you have to generate a lot of wealth to end up in that car. A luxury car can also boost your credibility and social proof. People may want a car of their own or desire to be in a financial situation where they could afford that type of car if they wanted. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Stephan also said that driving in a luxury car can create an "air of respect" when you meet people. He said that he sometimes borrowed a friend's Aston Martin Vanquish or Rolls Royce when driving to meet clients and grow his network. Stephan explained that people treated him differently when he arrived in a high-end car. Although Stephan prefers to invest in index funds and be careful about how he spends his money, he noticed the impact of having a luxury car and bought himself a Mercedes, as he saw the same pattern repeat itself. Stephan also mentioned that these types of cars can turn you into an authority figure. People will pay more attention to what you say and want to have a conversation with your luxury car and bringing it with you to an important event may boost your conversion rate when you present offers. It's one of the reasons why many get-rich-quick YouTubers prominently display their exotic vehicles while pitching their offer. A luxury car can also make it easier to perform your job at a higher level, as some research suggests that driving in a high-end vehicle can boost your self-confidence. You don't have to buy an expensive car to increase your confidence, but it's been shown to help. Approaching life with more confidence and feeling comfortable with selling can lead to higher conversion rates. Read Next: Invest where it hurts — and help millions heal:. Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Graham Stephan Explains The Importance Of Buying A Luxury Car: 'You Get A Lamborghini, You're Making Quadruple The Money' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Automotive
- Yahoo
Graham Stephan Explains Why Auto Loans Are The Biggest Scam In America: 'It's Scary'
The world is filled with scams. Some of them are in the spotlight while others are a bit subtle. However, auto loans may be the biggest scam in America. That's what real estate investor and financial YouTuber Graham Stephan believes. He and his co-host discussed how auto loans eat away at people's finances. They provided hard numbers to back it up, and Stephan concisely summarized the industry. "It's scary," he stated. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – Stephan's co-host states that the average new car payment is $800 per month. Many people make that monthly payment for five to six years, and it quickly adds up. An $800 monthly payment turns into $9,600 per year. If you expand that to five years, a borrower ends up paying $48,000 for their car. This amount goes up to $57,600 for a six-year term. Meanwhile, the U.S. Census Bureau reported in September that the median household income is $80,610, which comes to $6,717.50 per month. More than 10% of the median household's income goes toward one new car's monthly payments. It gets more expensive if the family has two cars. It gets even worse when you think about what the money could have done in the Nasdaq Composite or S&P 500. While a car is an essential resource for many families, it's hard to deny that they gobble up wealth. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Auto loans are already expensive, but the lack of regulations is another big concern that Stephan mentioned. He explained that student loans, credit cards, mortgages, and other financial products have more regulations than auto loans. "Most auto loan places are able to give you the loan that you want by just extending out the term, even if the interest rate is 20% or 25%," he said. He doubled down on credit card regulations, saying that issuers review your income before assigning a credit limit. These companies aren't offering high credit limits for low-income credit cardholders. However, auto lenders can sell off the loans privately even if the borrower couldn't qualify for any other type of best way to avoid high car payments is to skip new cars. Instead of buying the latest model, you can save a lot of money by searching the used car market. Cars depreciate quickly, and you can find great deals if you do your research. You can get a used car that is 50% cheaper than the new model. You will save even more money if you are willing to buy a used car that has more than 100,000 miles on it. Car owners should assess how often they use their vehicles. The fewer miles you drive each week, the easier it is to get a car with plenty of miles on it. You can then get out of an auto loan much quicker or even give yourself the option to pay for cash if you have enough funds available. A car is one of the biggest purchases you will make, and if you chase the newest model, you can end up paying far more than necessary. Read Next: Maximize saving for your retirement and cut down on taxes: . Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Graham Stephan Explains Why Auto Loans Are The Biggest Scam In America: 'It's Scary' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-05-2025
- Business
- Yahoo
Graham Stephan Says This Investment Has Become the ‘Ultimate Money Printer' — Here's Why
An 'ultimate money printer' sounds very desirable in these times — or in any time, really. To combat financial friction due to heightened tariffs on goods and the declining value of the U.S. dollar, personal finance guru Graham Stephan said many investors are turning to one thing. Read Next: Find Out: Read on to find out what that investment is and why Stephan said it continues to generate income — especially in hard financial times. In a recent YouTube video, Stephan said that gold is the one investment that consistently does well historically. As of May 9, gold is at about $3,337 per ounce and is up nearly 27% over the past six months. J.P. Morgan has projected gold will hit $4,000 in 2026, Reuters reported. And according to Stephan, some analysts have predicted that gold could reach $5,000 an ounce. Explore More: Stephan pointed out in his video that the reason gold is something to invest in is because it holds its value well. He explained that since the U.S. went off the gold standard, the value of the U.S. dollar has gone down, but the price of gold has increased. Stephan explained that gold is something that makes money even in times of financial turmoil. 'Even though the stock market has become the default wealth builder, anytime inflation runs high or global uncertainty increases, the price of gold continues to jump higher because it's seen as a hedge against a falling dollar,' he said. Stephan explained that although the stock market has delivered higher returns, gold has still seen a strong annualized return. Plus, it remains stable and 'makes a lot of money' during times of economic unrest, he said. 'Generally speaking, the worse our economy does, the better gold is going to do,' Stephan explained in the video. He went on to say that gold is basically a way for consumers to hedge their bets against financial fear. So in times of economic uncertainty, more people are going to invest in gold to ensure some financial stability. According to Investor's Business Daily, the price of gold has been increasing now due to a number of factors, like inflation, a weakening dollar, and economic and political uncertainty. However, Stephan doesn't think it's worth diverting all investments into gold. He explained that typically, the higher the price of gold goes, stocks become a better value. 'I don't see gold as a replacement for long-term investing or something to 'YOLO' all of your money into, but rather a way to diversify part of your portfolio to give you something else to fall back on,' he said. He emphasized the importance of diversification, noting that an allocation to gold 'wouldn't hurt.' More From GOBankingRates 6 Used Luxury SUVs That Are a Good Investment for Retirees How Far $750K Plus Social Security Goes in Retirement in Every US Region 7 Overpriced Grocery Items Frugal People Should Quit Buying in 2025 12 SUVs With the Most Reliable Engines Sources Graham Stephan, ''The US Dollar Is Going To $0!' – How To Profit From Trump Tariffs.' Reuters, 'JP Morgan see gold prices crossing $4,000/oz by Q2 2026.' Investor's Business Daily, 'With Gold Prices Topping $3,400 Per Ounce, Is It Time To Buy Or Sell Gold Stocks And ETFs?' This article originally appeared on Graham Stephan Says This Investment Has Become the 'Ultimate Money Printer' — Here's Why
Yahoo
11-05-2025
- Business
- Yahoo
Graham Stephan Says This Investment Has Become the ‘Ultimate Money Printer' — Here's Why
An 'ultimate money printer' sounds very desirable in these times — or in any time, really. To combat financial friction due to heightened tariffs on goods and the declining value of the U.S. dollar, personal finance guru Graham Stephan said many investors are turning to one thing. Read Next: Find Out: Read on to find out what that investment is and why Stephan said it continues to generate income — especially in hard financial times. In a recent YouTube video, Stephan said that gold is the one investment that consistently does well historically. As of May 9, gold is at about $3,337 per ounce and is up nearly 27% over the past six months. J.P. Morgan has projected gold will hit $4,000 in 2026, Reuters reported. And according to Stephan, some analysts have predicted that gold could reach $5,000 an ounce. Explore More: Stephan pointed out in his video that the reason gold is something to invest in is because it holds its value well. He explained that since the U.S. went off the gold standard, the value of the U.S. dollar has gone down, but the price of gold has increased. Stephan explained that gold is something that makes money even in times of financial turmoil. 'Even though the stock market has become the default wealth builder, anytime inflation runs high or global uncertainty increases, the price of gold continues to jump higher because it's seen as a hedge against a falling dollar,' he said. Stephan explained that although the stock market has delivered higher returns, gold has still seen a strong annualized return. Plus, it remains stable and 'makes a lot of money' during times of economic unrest, he said. 'Generally speaking, the worse our economy does, the better gold is going to do,' Stephan explained in the video. He went on to say that gold is basically a way for consumers to hedge their bets against financial fear. So in times of economic uncertainty, more people are going to invest in gold to ensure some financial stability. According to Investor's Business Daily, the price of gold has been increasing now due to a number of factors, like inflation, a weakening dollar, and economic and political uncertainty. However, Stephan doesn't think it's worth diverting all investments into gold. He explained that typically, the higher the price of gold goes, stocks become a better value. 'I don't see gold as a replacement for long-term investing or something to 'YOLO' all of your money into, but rather a way to diversify part of your portfolio to give you something else to fall back on,' he said. He emphasized the importance of diversification, noting that an allocation to gold 'wouldn't hurt.' More From GOBankingRates 6 Used Luxury SUVs That Are a Good Investment for Retirees How Far $750K Plus Social Security Goes in Retirement in Every US Region 7 Overpriced Grocery Items Frugal People Should Quit Buying in 2025 12 SUVs With the Most Reliable Engines Sources Graham Stephan, ''The US Dollar Is Going To $0!' – How To Profit From Trump Tariffs.' Reuters, 'JP Morgan see gold prices crossing $4,000/oz by Q2 2026.' Investor's Business Daily, 'With Gold Prices Topping $3,400 Per Ounce, Is It Time To Buy Or Sell Gold Stocks And ETFs?' This article originally appeared on Graham Stephan Says This Investment Has Become the 'Ultimate Money Printer' — Here's Why Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
