yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Private jet expert destroys noobs


less than 1m read
·Nov 3, 2024

Why did you have a private jet? Yet, because it's the stupidest investment in history, you're going to spend $25 million on something that is going to cost you almost $10 million a year.

It's okay; the guy completely doesn't know what he's talking about. It does not cost $10 million a year to operate it, and it's not an investment in the airplane; it's an investment in your time, in your business, and what you can accomplish by having the jet.

It's worth you getting on that jet for $800,000 a month. He is smoking something because there's no airplane that is going to cost them $800,000 a month based on a purchase price of $25 million.

$30,000 a day, okay? A $25 million airplane, if you finance, let's say half of it, maybe it can cost you $400,000 a month, which is about $45 million. That includes financing, but most people pay cash for the airplanes, which reduces your operating cost to $250,000 a month, $3 million a year.

That is an ultra long-range, top-of-the-market airplane, but most people are flying around in small jets.

More Articles

View All
Finding function from power series by integrating | Series | AP Calculus BC | Khan Academy
We know that for (x) in the open interval from (-\frac{1}{2}) to (\frac{1}{2}), that (-\frac{2}{1-2x}) is equal to this series, and I say using this fact, find the function that corresponds to the following series. And like always, pause this video and se…
American Empire
The United States is, shockingly, a bunch of states that are united. It was just 13 to start with, but as time marched on, the border marked west, bringing us to today and the 48 contiguous states plus Alaska and Hawaii. They’re usually drawn in these lit…
Things you should know about your credit card | Consumer credit | Financial Literacy | Khan Academy
You’re likely already familiar with the idea of a credit card. You know that you can go to a store and buy things with your credit card. But what we’re going to do in this video is go into a little bit more detail on exactly what’s happening and what are …
Types of bank accounts | Banking | Financial Literacy | Khan Academy
Let’s say that you’ve saved some money, or so you just found some, luckily, and you go to a bank, and you want to put it with that bank. But then the bank starts giving you some options. It says, “Do you want to start a checking account? Do you want to st…
Why I DON'T flip houses (revealing my favorite real estate investing approach)
What’s up you guys, it’s Graham here. So one of the questions I get asked a lot is, am I going to be flipping this place or am I going to be selling it in the short term? The answer is no. In fact, of all five places I bought, I’ve never once wanted to se…
Application of the fundamental laws (solve) | Electrical engineering | Khan Academy
So in the last video, we did our circuit analysis. We set up the four equations that we needed to solve in order to figure out all the voltages and currents in our example circuit. And so now we’re going to solve it. This is a matter of doing the algebra …