So, and its funny Ill just let the audience in on a little story we had over email as I was trying to get Steve to we were trying to book a time to do this podcast and Steve was emailing me back saying how flooded he was at work and how he just didnt have any time to you know do the podcast and it was hard to get days and everything like that. I listened closely, but did not act on it. Members can comment on posts and have fun in some of the forums. On YouTube, as discussed, there's a financial incentive to create content and when it comes to Tesla, there's a greater reward for those who are bullish than bearish. I dont say prices continuing to move like this for many more years to come,Ithink it will be very flat for quite a while. Same for the right angles of the body; much easier to produce than smooth curves. I create tools and resources to make investing more accessible. Born on October 23, 1942, Michael Crichton is an American author who amassed a net worth of $175 million before his death on November 4, 2008. She lost her battle to breast cancer on September 19, 2015 when she was 77 years of age. In a recent video, Kevin laid out a speculative model with Tesla generating over a trillion in revenue and having a post-split stock price of $4889.23 (source), Agrees that Tesla is overvalued today, but believes Tesla will be worth significantly more in the next five years; estimates $150B in annual revenues by 2025. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. People need to be very mindful that their circumstances can change whether its change of household income, whether they can have injury or long period off work, all sorts of surprises and dramas can happen as well and its really important when people are taking on large amounts of debt that they have sufficient buffers and sufficient insurances or whatever they need to do to make sure that they can weather those kind of storms and not be blown around like a plastic bag in the wind when things change so thats a really important point for your listeners to do well on whether youre taking on an occupied mortgage or investing. [00.06.50 00.06.53]. (source), Solving The Money Problem (144k subscribers), Tesla has won the decade. If youre really, really adamant on becoming financially independent,business is definitely going to be the most effective way to get you there so I mentor of mine, my mortgage broker actuallywhile I was investing said to me a while ago, Steven, your biggest limiting factor is going to be your income. The TV series Medium was based on Allison DuBois and her books. I think that therell be some influenceyou know, to fit those rates in the US;theres a little bit of funding that the Australian lenders- at least many of them- get from the US as well but I cant see it having a huge, huge impact and its really going to be you know, a little bit more down to local conditions but just on a plane earlier, you mentioned if a rate rise was going to put somebody under water then definitely worth fixing, I would say that if somebody has a loan and a single rate rise could put them under water, they should not have got a loan, it shouldnt have been approved either. Tesla chose the route of computer vision, which ismuch harder to perfect, but ultimately superior for this particular application. Giga New York built 4MW of Solar Roof last week, enough for up to 1000 homes! Steven, welcome to the podcast . I wrote this article myself, and it expresses my own opinions. Source of wealth: Oracle. The investor from my investment club, who has a 5000% return since 2009, sees a potential $500 billion market cap for Tesla in 2024, or $2700 per share. WebSteven Mark Ryan (@stevenmarkryan) Instagram photos and videos stevenmarkryan Follow 1 post 8,927 followers 348 following Steven Mark Ryan Public figure I make the I actually did write an article about fixed versus variable, just a shameless plug and for that article, Ill put that in the show notes but yeah, I am Im on the variable camp as well. Because a lot of people I think one of the mistakes that people make, maybe not so many of your listeners but in general in terms of financial goals is they might think Im going to invest in you know some shares or invest in a property or you know buy some silver. Get three powerful automated spreadsheets, including an intrinsic value spreadsheet + my ebook "The 10 Best Investors in the World", for free! This American author was born in Baltimore on April 12, 1947. 
Barbara Taylor-Bradford was born in Leeds, England, on May 10, 1933.
At 10 minutes, it was an ideal length for a YouTube video and the title and thumbnail were eye-catching. Thats a very long commitment; youre going to end up paying about three times the amount back to the bank over the lifetime of the loan but alot of people trying to keep up with the giants whodontknow any better, and were saying this right now: just about everybody buying homes in Sydney and Melbourne right now aremaking a decision that its going to have big probably negative consequences for them in terms of their lifestyle for many decades to come because there are no other option. This is what we refer to as a property cycle. Steven: The things you do on the way to financial {laughter} independence, I can say that I wasnt repaid [00.06.58 00.07.00], tables have turned. He was born in Nigeria on September 27, 1954. 6. They've also been granted an electrical utility license in the UK, andhave successfully implementedtheirgrid-scale Megapack battery storage solution in several huge projects worldwide. If youcant, no loan for you. Thanks forhaving me and keep doing a greatwork. This data is then used to train a deep neural network, and each data points improves its performance and reliability. Is there a correlation there and a lot of people are speculating that the Federal Reserve is going to up their rate again possibly three times by the end of the year, how do you see that playing out? Maybe you'll be recommended educational content or gaming videos, or maybe you'll be drawn towards a rabbit hole that will convince you to invest in Tesla (NASDAQ:TSLA) because "it will become the most valuable company in the world.". When you hear people say things like "Tesla is valued much higher than other car companies", is becauseTesla is not just a car company. Allison DuBois is worth $200 million and she is an author and medium. They are also often based in Orange County. And so my idea is, my portfolio is to hold for some time but I wont be too perturbed if I see large fluctuations in the value over there. Join others who get FREE Aussie Firebug updates, tips and tricks, and exclusive content. That being said, lenders are within their own rights to move their rates and change their margins as they please and they do have the power to do that. Great. So Tesla has its pick of the very best engineering talent in the world. And yeah they might charge a little fee you know for their wealth of information that they have, that they cant get over that fact you know. Although channels such as HyperChange and Financial Education were already heavily exposed to this genre, the demand for this type of content exploded following Steven's success. No, not by Elon Musk or Tesla; they sell ads. Yea well, if you keep doing what everybody else does, you get the same results and ah , Thats exactly right thats exactly right . Aussie Firebug: Now, youre such a great get guest for this question because youre in the business of sourcing people loans,I personally Im a bit on the fence: look, Im not too sure whats going to happen but I think a major contributor to the spike in house prices in the last couple years, a major contributor for that has been record-low interest rates. Steven: I didnt realize I was hustling but ah yeah, I guess that was what I was doing at the time. WebView the profiles of people named Steven Mark Ryan on Facebook. Is that ? Outside of that, houses are a different kettle of fish: Sydney and Melbourne again I wouldnt be buying houses there at this stage in the cycle. James Patterson has a net worth of $750 million and earns an estimated $90 million per year. And how did you manage um, putting the deposit down for that- um 25 years of age, you know three hundred and thats quite a large sum of money . So here it is. I think so. I don't know of any other company with competitive advantages and technology leads similar to those of Tesla, and with so much room left to grow. A lot of people start and its better than doing nothing, but its definitely worth going why? Yes, so if I hadnt gone along the path I thought I would be which is stay as a [00.12.59] employee keep [00.13.01] along, ideally I would have continued to accumulate properties get you know a dozen or so, um under my name and at some point in the future 10 -20 years later through one or two property cycles sell some and pay the others off completely and then have a [00.13.20 00.13.21] properties all producing me rental income but since I moved into business and the income increased somewhat, so am actually now going to moving into property development ah, just starting small initially but taking some of the equity that is in existing portfolio using that to do small projects and then keeping everything Ive planned to sell along the way, ah those developments will be cash flow positive and then take that chunk of equity and sky up into a solely larger project then [00.13.43 00.13.45] so ah, very quickly I would have turned cash flow neutral to fairly cash flow positive at the same time as being able to hang on to those properties. I prefer the transcript as well, but I agree with the above. No, like honestly if my entire portfolio goes to 0 or we have JFC number 2 which will happen at some point in time Ill be fine with that. Then there is the gigantic die-casting machine Tesla patented in 2018, which today allows them to create a car body out of just 2 parts (eventually just 1), whereas the body of a traditional car consists of no less than 75 individual parts!! Bearish content will simply be ignored, undermined, disliked, and the algorithm will never show the average user this type of content. They vowed to cover "all forms of terrestrial transport", leaving the terrestrial transport up to Musk's other highly successful company, SpaceX. The breaks were just too jarring this time, I couldnt read through it all. roadcast journalist, print and digital writer and editor with 10+ years experience creating hard-hitting content across multi-media platforms. Across all of social media, Elon Musk has leveraged social media and his following to create the perfect image of him and his company. I didnt realize I was hustling but ah yeah, I guess that was what I was doing at the time. Do you just walk us through a little bit of that , Yes sure, um Ive always been pretty reasonable with money in terms of ah, you know saving ah, and not spending too crazily. Aussie Firebug: Right,Ill put a link in the show notes guys to Steves profile on property chat and stuff like that and his website so you can find him quite easily. Aussie Firebug: Um, so when you say, um, a few, ah different opinions to the norm, what do you mean by that when you growing up? For better or worse, users are guided down very specific and very deep rabbit holes. This writer and film producer has had many of his books turned into movies and video games. Thats a very long commitment; youre going to end up paying about three times the amount back to the bank over the lifetime of the loan but alot of people trying to keep up with the giants whodontknow any better, and were saying this right now: just about everybody buying homes in Sydney and Melbourne right now aremaking a decision that its going to have big probably negative consequences for them in terms of their lifestyle for many decades to come because there are no other option. John Grisham Net Worth $300 Million, 9. At the age of 16, his parents sent him to a mental institution and he escaped several times before he was released after spending four years there. Anyone if someone was to get in contact with you, where can they find you? I actually did write an article about fixed versus variable, just a shameless plug and for that article, Ill put that in the show notes but yeah, I am Im on the variable camp as well. Alright, you save some money, full time work you are a pretty good saver, were you still live at home when you bought this ? Still, I kept the shares in my portfolio and watched them hover around the $300 mark for years. I actually think this is my first loan on occupier property before I knew what I was doing; probably the most costly mistakeIve ever madeactually, came to about $50,000 in total from extra interest and a huge break fee when I realized that I had made a serious error of judgment because I didnt know what I didnt know at the time. Just a few years ago when Tesla was worth about as much as General Motors (GM), short sellers were accused of dragging down the stock. Why would they work if theyre worth? Any much further out than a few years,Ireallycant seethat far but I do feel that were not likely to return to the rates that out parents perhaps experienced in you know, the early nineties or in a different era, a low inflation era. Even Elon Musk has said the stock was expensive on multiple occasions. The promise is that once cars can drive themselves, a fleet of so-called robotaxis will become one of the main modes of transportation, because this will bemuchcheaper than either owning a car or taking a regular taxi with a human driver. Even with a high level of education, unless you are looking at a really long term hold period. Mark Ryans income source is mostly from being a successful Actor. She is best-known for writing the Harry Potter series of books from which she has made money from book sales, the movies and the wide range of Harry Potter related merchandise that is available. So is it your actual company Steve? Garrett by trade is a personal finance freelance writer and journalist. Websteven mark ryan net worth. Very rewarding and after being in business for a little while I start to hear the feedback coming from people that literally saying things like you know you have completely changed my life or the way that I think, you know Im really grateful. Do you think thatlets be honest, its now one in Sydney becauseIdont buy into the whole Australia is in a,you knowunaffordablethat every place is unaffordable. Okay cool Steve so um, is it Steven or Steve which do you prefer to be called? However, besides you being able to watch Netflix while your car drives you places, or your car earning you money, the main benefit of self-driving is that it is MUCH MUCH safer than having flawed humans drive. Very rewarding and after being in business for a little while I start to hear the feedback coming from people that literally saying things like you know you have completely changed my life or the way that I think, you know Im really grateful. One YouTuber even shared his story of buying Tesla stock using millions in margin. I had been fired from my first and nearly lost my second as well so I was clearly not a good employee. To plant a few ideas and seeds in their minds that can really change their thinking, their mindset, their outlook. This content is not fact checked reviewed or regulated, and some creators are paid handsomely (estimated well over six figures) for their content. Aussie Firebug: Great. Yes and also we do have to be very mindful to factor in the risks as well if you are levering shares youve got the probability of a margin call and keep extra capital in reserve. Its crazy not to retain a reasonable buffer of cash to cover living costs and expenses and surprises and rate changes so that you arent forced to sell at a bad time. You know you might have triggered a few in the financial independents crowd. Thanks for the transcript. Its a shame that sort of a third party needs to step in and decide what policies theyre able to implement in terms of how theyre assessing lender payments and things like that because its bringing the lenders more and more in line with each other and its getting closer to the point where its just like what flavor of vanilla would you like? Aussie Firebug: Great do you have any shares? Even with a high level of education, unless you are looking at a really long term hold period. but rarely are the questions tough or critical of the business. Michael Crichton Net Worth $175 Million, 16. So I transitioned across a few years ago to fulltime mortgage broker and just 100% focused on helping people who want to build wealth for themselves. As I say, my crystal ball isnt perfect so take all with it a grain of salt. The algorithms are accused of polarizing society by showing unique content that each user is most likely to be engaged with. Not surprisingly, he hasn't made another relationship video since. Steven:Well, we need to have a clear definition of what were referring to. Um, look at the stage that I bought the first place, I just knew that the numbers might [00.08.31] ah I dint really know the intricacies investing property or anything else, so I was looking at all sorts of options but am very analytically minded and its not very hard to without a calculator and do some sums and say the advantage of property ah, the fact that you able to leverage 80 90% means that your dollars go quite far, ah looking historically at ah, you know house prices and also factors that affect the [00.09.00] of supply and demand. Steven:Yeah, so look theres some correlation, not maybe as strong as many might believe. For over 10 years I've Instead, they genuinely believe Tesla is going to be worth trillions and the people drawn into these rabbit holes become just as convinced by the strong, often rarely refuted arguments.
One top-notch engineer is worth "300 times or more than the average," explains Alan Eustace, a Google vice president of engineering. Steven: Ah, Ive got four at the moment total value about 2.6 2.7 million somewhere around that point. [00.07.58 00.08.00] to be honest because I saved a hip of money but I was still living with my parents that was the number one biggest advantage all I had, but you know to say that you said, close to you know, $10000 a year when youve moved out of home and living in Sydney thats thats um, very good, very good savings indeed. Well, we need to have a clear definition of what were referring to.
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steven mark ryan net worth