Mathew Knowles on Meek Mill Talking Down on Leasing Cars

[Master Teacher]

I tried to break it down for him

But aye these past few years he’s the type that woulda bought a 500k car cash

I’m the type that woulda leased for a fraction of that and used the rest on stocks and bitcoin

lmao, so you want to gamble with the money, and when the lease is up and you have no car or money how you gonna come back up lmao

if you cash out the car, you can take a loan out against it, or sell it

also 500k cards don't lose value fast you talking like its a ford mustangs

and if you can't buy a 500k car cash you shouldn't own one, its not meant for you

 

[Donald J Trump]

lmao, so you want to gamble with the money, and when the lease is up and you have no car or money how you gonna come back up lmao

if you cash out the car, you can take a loan out against it, or sell it

also 500k cards don't lose value fast you talking like its a ford mustangs

and if you can't buy a 500k car cash you shouldn't own one, its not meant for you

So now buying stocks and bitcoin (which I’ve
had returns higher than anything I’ve ever previously owned) is equated to gambling

You can have a seat

 

[Master Teacher]

So now buying stocks and bitcoin (which I’ve
had returns higher than anything I’ve ever previously owned) is equated to gambling

You can have a seat

lmao at bitcoin, fukk outta here, you had no damn returns

its a damn trek to cash out 50,000 worth of bitcoins lmao, fukk outta here with this shyt, no wonder you believe in leasing

yes stocks are gambling and so is bitcoin

bitcoin could vanish tomorrow and its not a damn thing you can do about it, the people who got rich of bitcoin were the ones at the beginning who lured all you suckers in

Also if you can buy 500k car you are already rich, you think Floyd Mayweather trying to buy some motherfukking bitcoins, get the fukk outta here ya bum

lmao at leasing car only to be homeless after the lease is up lmao

 

[Art Barr]

Not really.
Real talk,...
This whole convo is silly as hell.
As the people who make cars and own oil companies.
Got us discussin this dumb bullshyt.
When cars are made by the car company to take from you.
Plus the people who own the car company have made it so from them being apart of the resource business.
Have made it their business, so you need a current car.
that is a cop and blow for the natural resource and auto industries.
So, all this talk is silly as fukk anyway.


If you broke, you need to never lease.
Simply because if you get fukked up. You can reshuffle somethings in operating capital by selling your car. When enduring a financial issue.

All the talk after that is some rich white baby boomer.
who manipulated some bullshyt and has bread from his daddy or Industry raiding with daddy's money and race/privilege way of life.

They don't even let most black men work right now to even have bread to get a car. So if you are black you need to own a car.
So if things do go bad. You got sumfin to sell.
to help you out of this life based around the white man.
purposefully inconviencing you in basic scope because you are a black man.


Art Barr

 

[Art Barr]

So now buying stocks and bitcoin (which I’ve
had returns higher than anything I’ve ever previously owned) is equated to gambling

You can have a seat

Stocks and bitcoin is gambling for the rich and gambling for the tech savy.

You have to gamble to even acquire one bitcoin.
How is it not gambling?

Art Barr

 

[Donald J Trump]

Stocks and bitcoin is gambling for the rich and gambling for the tech savy.

You have to gamble to even acquire one bitcoin.
How is it not gambling?

Art Barr

lmao at bitcoin, fukk outta here, you had no damn returns

its a damn trek to cash out 50,000 worth of bitcoins lmao, fukk outta here with this shyt, no wonder you believe in leasing

yes stocks are gambling and so is bitcoin

bitcoin could vanish tomorrow and its not a damn thing you can do about it, the people who got rich of bitcoin were the ones at the beginning who lured all you suckers in

Also if you can buy 500k car you are already rich, you think Floyd Mayweather trying to buy some motherfukking bitcoins, get the fukk outta here ya bum

lmao at leasing car only to be homeless after the lease is up lmao

Someone needs to look up the definition of
Gamble
Investment
Risk
Security
Leverage

And get back to me because when you gamble, last I check, when you lose what you put down, you lose everything.
MT i was early in bitcoin, try again

You acting like it’s a hard route to buy a bitcoin further let’s me know, you don’t know what you’re talking about.

 

[Kobes Two Jerseys]

Not telling people they can or can't spend their money a certain way.
Just saying if you do lease it isn't smart financially.

Again, you’re wrong. I leased a car in 06. Went back 3 years later to buy it. Paid it off 6 years ago. Still drive it today. Near 300,000 miles. What exactly wasnt smart about it?

 

[Art Barr]

Someone needs to look up the definition of
Gamble
Investment
Risk
Security

And get back to me because when you gamble, last I check, when you lose what you put down, you lose everything.
mt I was early in bitcoin, try again

You acting like it’s a hard route to buy a bitcoin further let’s me know, you don’t know what you’re talking about.

So how do I buy a bitcoin without no risk and the gamble it takes to acquire one?

You make it like readily everyone in general could partake in as risky as business as bitcoin was.

You just choose to acknowledge what you want.
Factually all stocks and financial anything is gambling.

Art Barr

 

[winb83]

I tried to break it down for him

But aye these past few years he’s the type that woulda bought a 500k car cash

I’m the type that woulda leased for a fraction of that and used the rest on stocks and bitcoin

You don’t borrow money to invest in stuff like stocks and bitcoin. You invest money you have saved just for that purpose. You’re paying interest on borrowed money so that’s eating into your profits on the investment. Also if the investment loses money that interest makes your loss worse.

 

[Master Teacher]

Someone needs to look up the definition of
Gamble
Investment
Risk
Security
Leverage

And get back to me because when you gamble, last I check, when you lose what you put down, you lose everything.
MT i was early in bitcoin, try again

You acting like it’s a hard route to buy a bitcoin further let’s me know, you don’t know what you’re talking about.

lmao you can lose all your money in bitcoin and stocks you fukking bafoon

a gamble is a gamble it doesn't have to evolve money

jumping out of a plain is a goddamn gamble, you need to look up definitions moron

broke ass nikka, only assets you got is bitcoin lmao

NEWSFLASH

BITCOIN IS A CURRENCY FOR CRIMINALS TO DO ILLEGAL TRANSACTIONS

lmao It's never going to be a legit currency, you are not going to become rich off, you might as well trade real currency

 

[Donald J Trump]

So how do I buy a bitcoin without no risk and the gamble it takes to acquire one?

You make it like readily everyone in general could partake in as risky as business as bitcoin was.

You just choose to acknowledge what you want.
Factually all stocks and financial anything is gambling.

Art Barr

Again look up the definition of gambling.

Gambling is not investing, yes every investment has risk.

Bitcoin being riskier than buying stocks does not make it gambling, yet, you do not have to be rich to invest or gamble.


Literally everyone can buy bitcoin tho fam. It’s as easy as downloading an app and pressing “buy”.

So factually, no, all “stocks and financial anything” is not gambling. No disrespect but ain’t you 30, how you kickin game on here all the time but don’t know this?

lmao you can lose all your money in bitcoin and stocks you fukking bafoon

a gamble is a gamble it doesn't have to evolve money

jumping out of a plain is a goddamn gamble, you need to look up definitions moron

broke ass nikka, only assets you got is bitcoin lmao

NEWSFLASH

BITCOIN IS A CURRENCY FOR CRIMINALS TO DO ILLEGAL TRANSACTIONS

lmao It's never going to be a legit currency, you are not going to become rich off, you might as well trade real currency

This boy don’t know what he talkin about wait til he finds out there are 1000s of crypto currencies and I own a few.

Wait til he finds out usd is a currency for criminals to do illegal transactions

Wait til he finds out that I been on bitcoin and ethereum since it was $300 and $7

Wait til he finds out that in the 7 years I been trading stocks, I’ve never seen anyone “lose all their money”


Anyone that says that line automatically lets me know they know nothing about stocks.

 

[winb83]

Again, you’re wrong. I leased a car in 06. Went back 3 years later to buy it. Paid it off 6 years ago. Still drive it today. Near 300,000 miles. What exactly wasnt smart about it?

You paid more for the car than you had to. How is that smart? The cheapest way to buy a car is cash. Paying the least possible for a purchase is smart. Paying anyone interest for anything isn’t really smart it’s something people deal with when they have to or don’t know better.

 

[mag357]

Matthew Knowles is an idiot.
This is why he was selling Destiny Child memorabilia at a yard sale. SMH Beyonce's father Mathew Knowles 'was selling his daughter's memorabilia' | Daily Mail Online

Leasing makes no financial sense because you spend money and after the lease you have no asset to show for the money spent. Sure cars depreciate, but its better to have a depreciated car than no asset at all and the same lost money.

SMH

This doesn't make sense to me because i have a dude... my cuzz, who leases...
He has a damn near a new car every other fukkin year...
if he could keep doing that...how is that dumb... with his credit... im sure he could have a lease and finance a piece of shyt too... if he wanted 1 of those also

 

[Master Teacher]

Again look up the definition of gambling.

Gambling is not investing, yes every investment has risk.

Bitcoin being riskier than buying stocks does not make it gambling, yet, you do not have to be rich to invest or gamble.


Literally everyone can buy bitcoin tho fam. It’s as easy as downloading an app and pressing “buy”.

So factually, no, all “stocks and financial anything” is not gambling. No disrespect but ain’t you 30, how you kickin game on here all the time but don’t know this?

Anything out of your control is a gamble, stocks are just a form of gambling, same as bitcoin

all that shyt become worthless over night

if buy a car, no matter what happens you still have the car it is tangible, if by land it could lose all its value (which would never happen) you still have the land

Its called Real Estate for a reason, because its REAL

you don't have a business so you don't understand

investment means I putting money into something to make it grow

stocks are imaginary, and so is bitcoin

You can vest my buying land growing vegetables, you are putting time and money into something that is producing an asset

you take a beat up put money into by rehabbing it, you've automatically doubled money by investing into the run down house and making it new

investment should reflect in the physical realm, you cannot invest in something that does not exists

 

[Donald J Trump]

Anything out of your control is a gamble, stocks are just a form of gambling, same as bitcoin

all that shyt become worthless over night

if buy a car, no matter what happens you still have the car it is tangible, if by land it could lose all its value (which would never happen) you still have the land

Its called Real Estate for a reason, because its REAL

Now investing is gambling.
Gotcha


It could become worthless, just like the earth could be nuked to oblivionwhat are the chances of that happening dip shyt.

I rarely if ever have seen a stock go to 0.00 I follow the markets and interact with traders every day.


You used the “ you could lose all your money in stocks” line

You don’t know what your talking about kid No one that uses that line does.