How to Become a Real Estate Millionaire, by Peter Schiff

[stokepogue]

I've never seen a 5 second video get so many thumb ups.

[EriPages]

HAHAHHAHAHAHa

Peter...King of Wit

[ukipwarrior]

Ron Paul for President Peter Schiff for Treasury Donald Trump Business secretary

[Gafnndotcom]

Great video also check gafnn dot com

[powerinvader]

this is hilarious!!!!!!!!!!!!!!! Really I have learnt sooo much from watching Peter Schiff videos and reading his books. also Marc Faber and Jim Rogers.

[IIZODIIAC]

if hes talking about property development he might be right but in the real estate agent business its up to you weather you want to become a millionaire or not it is most certainly possible, in fact i know someone who is a multi millionaire just from selling houses.

[victoriabenn]

EXCELLENT COMMENT PETER! YOU ARE AWESOME!

[chronicheadbuzz420]

Only on FOX News

[areyouready22]

Peter Schiff rocks!

[bellcord]

Yeah I liked that one...of course I liked it better when I first heard it...about 1958..

[fireman12888]

LOL that was hilarious.

[Pdrum2]

@fireman12888 Haha

[jwang604]

Good advice PETER! vote PETER for President 2012!!!

[adarqui]

lol!!!!

[soobv]

hahahahahhahahahahahahahahaha

[adcenterbaka]

damn, this is brutal joke :)))) hard and true like a kick in da nuts =)

[Chessnha]

What a typical statement of a looser

[ih8ronpaulh8ers]

HAHHAAH i can't believe i have never seen this. certainly one of his best clips and it is only 5 seconds long. Priceless

[Bashri]

HHAHAHAHHAH

I didn't get the joke at first but understood at last. He is smart and funny

[Cubicleboy04]

Bwahahaha! :D

[luxuryglow]

Peter Schiff for Senator!!!

[Jenscool]

EXACTLY!!!

[vinny1010]

HAHAHA, fucking awesome man!!

[BigGhommie]

Haha True.

[dcm05002]

HAHAHA omggggg

[Bledar11]

Wow this guy is awesome, this guy would have been in ron paul's economy team. just another reason paul needed to win

[Pdrum2]

@Bledar11 We have some stupid selfish people in this country.

[DyeTyme]

Haha, Peter is great lol

[TWN321]

Hillarious!

[TKainZero]

This guy is me finacial hero

[messfeeder]

Ron Paul 2012!

[BATCH420]

LMFAO!!!!!

[gatzu86]

Nice one haha

[dcm05002]

hahahaha owned

[Enoch2]

Hahaha, too funny!

[rios9000]

hahahaha

[chrisdorman]

pmsl.... hilarious line

[fealnice]

funny!

[Lingerfoot]

Jesse Ventura and/or Ron Paul - 2012

[gutrp]

haha good one

[pioli12]

nice

[dtaijo174]

I love that line!

[adrianaJacobs]

So if the dollar devaluates, the real estate will go higher as other countries would be buying it? my question is about the payments, if they are fix, they will be very cheap for people to pay it off? So Real Estate is not such bad investent. It includes materials and the population continues to grow. So I don't think that real estate can be such a bad inverstment today, however I am a bit confuse, somebody please help me, what is then the best advice for RE?

[sssssup]

If the dollar depreciates the way Peter suggests, no foreigner will ever want to hold any assets in the dollar. I think U.S. RE will be a bad choice for years, as unemployment continues to rise and people become unable to make mortgage payments.

[klined]

they wont hold dollar debt instruments, but they'll use the dollar's weakness to buy dollar denominated goods.

[billsaintkilda]

Not until there is a bottom in sight or there has been some sustainable turn around in the dollar. Right now the dollar index is about 82. If there is a possibility (or probability) of dropping to about 70 next year and 60 in 2010 which is inline with the trend since 2002, why would foreigners look to the US?

[daniel987878]

If the banking system contracts credit because of the credit crisis RE should decline significantly if the current problems persist.

[randomguyrandomstuff]

Pretty soon real estate will be at low enough prices where buying rentals will make good sense. With stocks the way they are why wouldn't people want to move money into income producing properties?

[SirRoxo]

BURN!!

[marky1333]

Haha. Brilliant!

[cyber9Flounder1]

I HAVE MILLIONS TO !

[tomrdee]

When the inflation comes, we will all be millionairs and we will make enough inflated money to be considered wealthy by Obama and the IRS.

[sssssup]

He probably got it from Richard Branson - "the easiest way to become a millionaire is to start out a billionaire then go into the airline business."

[engine2truck6]

YES! and an old Hollywood joke: "The best way to get a million dollars out of a movie is invest 20 million"

[stellaconcepts]

CLASSIC - schiffy at his finest

[justgetsome]

Peter is the bomb!!!

[mouljran7]

I laughed my ass out ..best joke ever .

[funwjoshnjenn]

good advice, let's do it niggaz!

[NorthMass]

lolz, schiff owns

[olecodjur]

hysterical.... Right on and funny too. You gotta love Peter Schiff

[capcom101you]

Ain't it the truth!

However, while the 30 yr bond yield is 3.18% and mortgage rates are surely to rise, it would be wise to ride the wave up and not try to swim against the tide.

Capcom