How to turn $5000 into $50,000: With guest Ricky Gutierrez

What's up you guys, it's Graham here. So I'm joined today by Ricky Gutierrez, and we were hanging out today. I got a message on my Snapchat, a really good question, which I actually worked out perfectly since Ricky was here: How would you turn five thousand dollars into fifty thousand dollars?

So I thought this was an amazing opportunity to take a chance to answer that question with Ricky here. You get both of our perspectives on how you would do that and different methods that each of us would use.

Because the thing with Ricky, he's in an entirely different industry than me. I'm in real estate mostly, and Ricky's in stocks. So if you want to tell them a little bit about what you do.

Yeah, so mainly my channel is known for investing in the stock market. I think that's like one of our biggest niches within our community. I'm known for buying and reselling cars. And then I'm 22 years old, I have four properties in Arizona, and that's actually how I came across Graham.

And then Graham reached out to me, likely right, but Graham—yeah, let me come up with Harold, called the Gray Ham Apparel. You know what you guys think? It's gonna be a Gray Ham. So yeah, we have an ICO dropping early 2018. Stay tuned!

So anyway, I think we should just jump right into it. How would you turn five thousand into fifty thousand doing what you've learned, what you've been doing over the past few years?

Definitely! So I think one of the most effective ways, I think a more traditional way, I'm gonna do this because real estate is kind of a traditional way for investing. So knowing that your audience comes from that background, I think a very more traditional way on how to grow five thousand dollars to fifty thousand would be to start like flipping cars and motorcycles. It's something that I did very actively last month, and I brought in a little bit over twenty-four thousand dollars.

I mean that's huge for a month, right? But I was also buying cars over a hundred thousand. But that's the really cool thing about investing when it comes down to both, you know, everyday drivers and high-end cars. If you really understand the market itself, let's say like I'm in the market for a Lettuce. I will do my own due diligence, try to understand the overall market, the low points, the high points, what they average, what the average price within my location sells for.

Then I will look at other locations within the United States to try to find a car that is lower priced than yours. And then let's say like I want to sell here in California, I'll go pick up that car and then you know, flip it here in health because another demand is much higher. I did the same thing when it came down to like, you know, the Audi R8 that I bought.

There, I bought it in Mexico, sold it in Arizona in 48 hours, and the return was great. It was an amazing experience! I get to enjoy these cars. So when it comes down to wanting to get started from buying and reselling cars, I've been able to transform kind of your passion into a business. I think it's going to be an amazing experience for all those car enthusiasts out there that can really just view these, you know, cars and vehicles as investments. That's kind of how every purchase that I make from this point, you know, my Alpha 7 GTR, the 2015 that I have right outside; I bought it being the lowest price GT in the country. I can post it for sale, and I'll probably make $10,000 off of it.

What's the ROI that you typically see on your investment? Like if you're in, if you were to invest the 5,000, what's a typical ROI that one can expect?

They know everything, you could double your money very easily, but what's the average that you're seeing for a five thousand dollar investment? My first thing that I would go to—the first like kind of vehicle—would be a motorcycle. I love investing in motorcycles that are usually within my area. I live in Arizona at less than three thousand dollars. The average motorcycle within my area, the ones that I usually focus on, sell for anywhere from 3,500 to 4,000 dollars.

So all the margin that I pushed below 3,000 is margin, a potential profit for myself. Yamaha R1, Yamaha R6s, CBRs, JIGs, I don't even ride motorcycles anymore but because it requires such little capital, and you return just to put into perspective, I have a 2006 Yamaha R1. I bought it for 3,500, and I have it posted for sale and receiving offers for 4,900.

Did I do anything special? You know, anything like that? I find what platforms they see the least demand—I buy it in those and post it in the ones that see the highest demand. It's just becoming familiar with the platforms, how to find the deals, how to negotiate, how to make sure that you're good, find a good investment, and then making sure that whatever it is that you're flipping, that there's demand for it.

And it's an amazing experience being, again, just being able to transform your passion into a business is one of the most amazing things. You're really passionate about real estate and all that good stuff and being able to make money off of it, you know, a byproduct of what you get off your horse, right? Plus, you should be doing videos. Do you guys comment down below if you should do videos like “who V's garage?” I bought the cheapest Nissan GTR in the country.

Those good for you?

Yeah, I actually do anything about that. I mean, I am a couple of videos like with the GTR for like launching and picking up girls and stuff like that. But no, but I think when it comes down to having five thousand dollars and wanting to make that profit of over fifty thousand, that would be a huge avenue to look into partnerships of dealerships and making sure that you can do on consignment sales. Finding local, you know, vehicles that have high demand that you can profit off of, you know, finding your niche.

So that's definitely what we focus on.

And what would be the next one besides that? Swing trading?

I think when someone is barely getting into investing in the stock market, I would not suggest investing in lower cap stocks. I would recommend—I wish I would have started investing in mid to higher cap stocks because the patterns are a lot easier to understand. You're trading more quality companies that show consistent signs of an uptrend and buying the dips.

That's, it's putting it in a very simple kind of perspective, but I think there's huge potential for swing trading. Oh, and cryptocurrency, obviously!

Yeah, we'll talk about—I’ll talk about—yeah, Graham here. But yeah, I think overall the stock market offers huge potential if you're willing to dedicate the time. It does require a lot of due diligence and a lot of learning from your best practices and mistakes. A lot of simulation training is something that I would recommend from the very beginning.

But being able to juggle both maybe swing trading and buying and reselling motorcycles and cars can be a huge starting point for, you know, maybe your 2018 goal or whatever the case may be.

Yeah, well on the subject of crypto, before people unsubscribe and dislike and leave angry comments, I just want to say from turning 5 to 50, it seems like that is very popular right now. Yeah, in terms of investing money—cryptocurrency.

It almost reminds me with a lot of these little companies or a lot of these little ICOs, like penny stocks, where they can pump, you know, thousand percent in a week and then they dump or something happens. So with crypto, I'm not gonna get into it. With cryptocurrency, it's just because I know people are gonna say, you know, buy, you know, whatever company.

But I know a lot of people are suggesting, you know, just buy crypto, buy crypto. And they say it jokingly, but it's also—it could be true. But it's one of these things that's so risky. I think that is along the same mentality of just saying put it on black on roulette and do that a few times and then win each time and there you go.

Yeah, I think because it's become so accessible, is this way that I can put it. So many people are overhyping because there's no legal limitation of what they can do when it comes down to cryptocurrencies. That regardless of what everyone else is telling you to do, I think investing in cryptocurrency is a very hot and trending topic.

It's great—making sure that you do your own due diligence before investing is vital. Do your due diligence, don't be afraid of risk, just make sure that you know how to manage it, of course.

And one other thing I want to—I want to say it seemed like a lot of people too were afraid when Bitcoin dropped the other day, were freaking out. Anytime I think you're freaking out over an investment and you're worried and you're just like, “What do I do? It went down 15%! What's gonna happen?” Honestly, I think either you're too emotional about the investment or you have too much money invested in it.

I don't think you should ever be freaked out if anything ever goes down in value. You should either know that so well that you know that it's just a temporary hiccup or you don't have as much money invested in it where all of a sudden your heart just sinks. You're like, “Oh no! Bitcoin cash is taking over! What do I do?”

So I think it's, you know, when it comes to that sort of stuff, don't have that much of money invested or you really have to be an unemotional investor when it comes to these sort of things, definitely.

But as for me, I have a few different ways I think I would go about turning 5,000 into 50,000. And it also, I think, depends on how short of a time frame you want to do this. And feel free to jump in at any time if there’s anything you think of.

The one thing I really like where I think with 5000 is it's a good amount to start a very low-cost business from in terms of, you know, Amazon FBA or affiliate marketing or anything really online. It's a really accessible amount for really just anybody to kind of get started in that and start making money.

I know someone recently was hitting me up on Snapchat and I was, you know, if people just—that's a plug right now—follow me on Snapchat. But he's making like $300 a day, seventeen years old, his name is Daniel Daniel Hughes; a shoutout to you. But $300 a day with zero money doing marketing on Instagram. And you know what? I mean, that's—it's a freeway!

But with five grand, you can then start to, you know, get into maybe getting shoutouts and paying for shoutouts or doing advertising and maybe doing some Facebook marketing. So I think affiliate marketing is a great way—in 5000, like you don't even need to start with 5000; you could start with, if you start with zero money, just with your time.

And your time, by the way, is worth way more than five grand. So I think that is a phenomenal way to get started with it. I also—I started my real estate career with less, I would say about five thousand dollars.

Actually, I spent less than five thousand dollars to start my real estate career, and that was getting my real estate license, paying for all the, you know, insurance, the realtor fees, different things that were with the brokerage, signs, business cards, things like this. I spent under five grand to get started in real estate, and I made way more than fifty grand.

You know, I actually—the first ten months, I think I made about thirty-five grand. And then after that, after I had my first sale, I mean, it was—I would say it was well over 60 grand the first year from, you know, the five thousand dollars that I spent to get started.

Now, that was a job that was—but you know, same thing with, well, with anything really, you're gonna be spending your time. I don't think it's just putting, making your five thousand turn to fifty thousand without spending any time on it.

Even if you get lucky in crypto, I think it's still finding the right SEO or the right company or the right coin to invest in at the right time and having the knowledge to do that. Like it's gonna take time to learn something. So I figure if you're doing so, you may as well spend time on a business and get to know that business, and I think that just makes you a better person all around, at least having that knowledge.

I think with having that goal in mind of, let's say, making fifty thousand dollars, it's a goal, right? And you're going to work towards something. Let’s say you have your normal day job. Many people that, you know, many of us that have that—having a normal day job—and then working towards that goal of having fifty thousand dollars as an extra, just as a goal for 2018.

As actual revenue, let’s say you fall a little short and you make twenty-five thousand dollars. Fifty thousand was the overall goal but that sparking and getting started point I think is what really can be a huge catalyst for people in people's lives because of all the new exposure and what happens throughout the entire process of getting to that point.

You know, $25,000 might be the start the first year, but what can continue and snowball later throughout the years can expose you to set opportunities that are beyond what you can possibly imagine. So I think one of the biggest things is if you are thinking about starting a business, make sure that you know there’s that structure, that planning, and that you're working towards it.

But if you fall a little short, you know, don't be afraid to continually, you know, go after it. Because I think—I mean, I was 22; I would have had no idea that when I first opened, you know, my brokerage account that my parents assisted me in opening, that later on, you know, I would be sitting here with you, you know, filming YouTube videos.

And it's just how things and set opportunities can present themselves. You want to make sure that you're prepared for it, that you're working towards it so when it does present itself, that you're able to take advantage of it.

Oh, I totally agree! Even when it comes to goal-setting, by the way, I wouldn’t be afraid to aim too high on that. What my issue has always been, I've set really realistic goals that I felt confident I can hit them, and that's honestly—I think that's actually worked against me because every year I've hit exactly what I've wanted.

But they haven't been these insane goals, just like, you know, the Lambos and stuff like that. They have—they've been very realistic goals that are very attainable because I believe them. So I think if I were to do anything different, I would have set higher goals.

Why do you think that now? And I think I know why you think that now. Why do you think that it’s a much more effective or better approach to—because I love your strategy. I think you're conservative, right, in the way that you invest. But it's very structured and it's organized, and I really do like that.

But I think I know why—why are you thinking about maybe investing a little bit more aggressively now? I'm seeing things that I didn't know were ever possible, to be honest with you. I mean, that without going into a lot of detail, you see things that were never a reality to you before.

And in many, yeah, it was honestly—and it was you. You're exposed as you're into it, and as you grow in whatever business it is, you're exposed to more and more people, and then you realize like you're in your own little blob. You feel like everyone you associate yourself with is in a certain league, but when you start getting into it, you realize like it's not impossible.

It's like people are making a million dollars a year! Like that's one of my goals, would be to make over a million dollars in a year. And you think to yourself—and I would—that like I formerly would think you have to make, you know, I would have to sell, you know, fifty million dollars in real estate to be able to get that.

And, you know, I'm doing it in the 20s, so I had to basically double my sales volume and then get the rental income and this and that. But you realize it, it's achievable, and that there are no limits to—not really, I think really without sounding too cheesy, I think that the biggest limit is the one you impose on yourself.

And also the belief that if you can't do something—like to me that's always been unattainable, yeah, is to hit that million dollars in a year. But you see it, it's happening all the time, and I think that's—that's a great thing.

So I think a very effective kind of approach to have is I feel like I’m pretty traditional, but I've become a little bit more just risky because of, say, opportunities that I've been able to take advantage of. One of the biggest things that I'd recommend is a lot of you that are watching, having either a normal day job or doing something that you do that provide you stable income, I think that's amazing!

And I really do commend a lot of people that do that. With that being said, I went for 2018 to make a friend—truly make your friend or partner up with someone that is going to push you like no other. I have surrounded myself in 2017 with people that are so motivated that have—I've felt like I was better than before based on other people that I would surround myself with because I was doing extremely well.

Now I start—so I started to run to myself with people that were just as motivated as me or even more and that were excelling quicker than I was, and that pushes you, you know, to even perform better and to think even further outside the box.

So my really, you know, 2018 goal for each and every single one of you is to do the 5-250 but to also partner up with someone or to become friends with in close relation that you can do on a consistent basis and that you hold yourselves accountable for some form of adventure that you're going to be pursuing on top of what everyone else is doing.

Everyone else can have a stable income. What is it that you're going to do that's going to set you apart? I think that's one of the beautiful things about getting started is getting that ball rolling, having a goal in mind, and making sure you do it on a consistent basis.

And this is one of the sinks—when it comes to mindset, then I feel like a lot of people overlook mindset.

Yeah, so many people, especially in the comment section, you know who you are, just like, you know, I didn't come for this, just give me—just tell me exactly what to do. And you know we can tell you, okay, like you know, you can you can buy cars, you can swing trade stocks, you can start a business with five grand, you can do the affiliate marketing, you can do Amazon FBA, you can even—honestly, you can make 50 grand in a year with a YouTube channel, which is gonna cost you what? You could do that with an iPhone, for real!

Like I know many people that are making over fifty thousand a year without a ton of subscribers on YouTube, without any crazy stories or anything like that. There are so many ways to do this, so those are just some, you know, some easy things that we can just like, you know, here you go, here are some good ideas.

But if you don't have the mindset to follow through or believe that's a reality, it's so easy just to quit right afterwards and realize, “Oh, you know what? I'm not gonna do this. I'm gonna do this instead.” And then I know I don't like that. I'm gonna go over here or that's not positive into life and market to market to market, I think.

Yeah, but I feel like a lot of that comes down to mindset and surrounding yourself with the people and believing you can do it and setting a high goal, and that's why I feel like it all ties together. It's not just like, “Okay, put your money here, and then do this, and then work 10 hours a day for, you know, several months, and there you go.”

There's so much more that goes into it that you don't even think about.

Yeah, the thing is— as we're ending this year of 2017, I think it's really important while we're on the topic, I think of goal-setting, in this and that. And I'll make a separate video about, you know, what my goals are.

Just I think it's important to put it in video form just, guys, all then I'm held accountable—then I got to do it! But comment down below, whatever you feel like are unattainable goals for you—just I would comment them down below! Make them sound super unrealistic that you don't think it's gonna happen. I would love to hear from you guys and see exactly what you want to achieve and that you don't think you could make them seem unrealistic to you and then post them down below!

Like if you don't think you—as possible, you can make five hundred thousand a year, you know, put something like that! You know, whatever it is, comment down below! I'll read every single one of them; I’ll try to respond to as many as I can.

But you guys, thank you so much for watching! I hope this was helpful, and I hope this was helpful to, you know, whoever reached out to me on Snapchat asking these questions. I really appreciate it! If you haven't already started following Ricky— I know many of you guys do. I'll put his link down below, so feel free to check out his channel.

And make sure to subscribe, like, comment, and share! And I want Snapchat, Instagram! And if you're watching this too and you haven't subscribed—because my analytics tell me like 56% of you are not subscribed! Dude, well what are you doing? Click the subscribe button! Also feel free to smash the notification bell while you're at it, because they're so close by, so just smash them both!

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