Current Events > Wolf of Wall Street goes viral for telling 25 y/o making 60K a year to quit job

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https://www.yahoo.com/news/wolf-wall-street-inspiration-jordan-165611015.html

The real-life "Wolf of Wall Street" is going viral on TikTok after appearing to advise a 25-year-old to quit their $60,00 salaried job. In the video, which was posted on Tuesday, Jordan Belfort displayed a comment from a TikTok user with the handle @jakecorey, who asked, "What's your best advice to a 25-year-old that is working 9-5 making 60K a year?" Responding to the user, Belfort appeared to encourage them to leave their role. The video has amassed nearly 2 million views. Belfort is a former stockbroker who served 22 months in prison after pleading guilty following an indictment for securities fraud and money laundering in 1999. In 2007, he released his memoir "The Wolf Of Wall Street." The book was adapted into a movie directed by Martin Scorsese in 2013, with Leonardo Di Caprio playing Belfort. Since Belfort started posting on his TikTok account in 2019, he has amassed over 3 million followers and 55 million combined views on all videos. His content usually involves him answering questions from fans about his life and "The Wolf Of Wall Street" movie, as well as giving general advice about business and entrepreneurship. He has also collaborated with TikTok stars such as Bryce Hall.

In his TikTok response to Corey's question, Belfort said that the person with the $60,000 salary should "think bigger" and "get a better job." "You're never gonna get rich, you're never gonna get ahead in life and have financial security working for someone else on a salary and punching a clock," he said. "Those are old thoughts implanted in our heads from the traditional school system" Belfort said that by following the "traditional" system - which he describes as working for 30 years before retiring with a pension and social security - the person will "die or retire with no money and no independence." He added that rather than "relying on people in the social system," the person should develop a "side hustle" by investing in real estate, stocks, or cryptocurrency. He added that the 25-year-old sticking with their job "is a dead-end way to live financially." "You're not going to get ahead like this," he said, concluding the video. In the comments section, many users said that Corey should ignore Belfort's advice because a $60,000 salary at 25 was lucrative, while several others said that Belfort shouldn't be giving job advice given his past. One top commenter on the post said, "$60K at 25 is good," while another tagged Corey directly to tell him not to quit his job based on Belfort's advice.

https://www.tiktok.com/@wolfofwallstreet/video/7023049718590704901



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Why the fuck is a guy that got rich breaking the law being looked to for financial advice

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What if I don't care about being rich

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And how will you invest in any of that if you don't have a source of funds in the first place? What stupid advice from a crook.

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Njolk posted...

What if I don't care about being rich

People like Belfort don't understand that kind of thinking. Their goal is accumulation of wealth. It's like when my job decides to work a bunch of mandatory overtime because they don't know how to schedule production correctly and I tell them to fuck off and they are like "wut you don't like making money!@!@". Like no dickhead, I have a finite amount of time on the earth and I want to spend as little of it at work as possible. I need enough to pay my bills, save a bit, and indulge my hobbies and that's it.

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How many rich people do you think got rich from listening to other rich fucks? I never understand why people take advice from rich dudes.

Lebronwon posted...

He added that rather than "relying on people in the social system," the person should develop a "side hustle" by investing in real estate, stocks, or cryptocurrency.

okay but where do you get the money to do this?

spoilers
its called a job dumbass


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"Making money is easy. Just take a couple million dollars and put it into the stock market. It's almost like poor people just want to be poor."

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Master_Bass posted...

And how will you invest in any of that if you don't have a source of funds in the first place? What stupid advice from a crook.

He's not saying to quit his job tomorrow. Wolfy makes a good point here, even if he didn't explain himself very well.

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ScazarMeltex posted...

People like Belfort don't understand that kind of thinking. Their goal is accumulation of wealth. It's like when my job decides to work a bunch of mandatory overtime because they don't know how to schedule production correctly and I tell them to fuck off and they are like "wut you don't like making money!@!@". Like no dickhead, I have a finite amount of time on the earth and I want to spend as little of it at work as possible. I need enough to pay my bills, save a bit, and indulge my hobbies and that's it.

I feel ya

I was offered a job and one of the "perks" was unlimited overtime

Uh I don't want to work ANY overtime

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Fuck off tc
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Lebronwon posted...

"Those are old thoughts implanted in our heads from the traditional school system" Belfort said that by following the "traditional" system - which he describes as working for 30 years before retiring with a pension and social security - the person will "die or retire with no money and no independence."

This def doesn't exist anymore

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Njolk posted...

I feel ya

I was offered a job and one of the "perks" was unlimited overtime

Uh I don't want to work ANY overtime

Yeah, I mean I can get away with just laughing at them and calling in and using PTO because of my years with the company, job knowledge, and accumulated PTO. The poor new people they hire in, suckering them in with promises of a 4 day 40 hour workweek and then hitting them with 10-20 hours of OT don't have a choice.

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Pfft that fucking shitstain human being is only noteworthy cuz he Leo played him in a movie.

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Its ok to not care about getting rich, but if youre asking the 'wolf of wall st' for career advice then i think its safe to assume its a priority
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"You will never be rich unless you do something illegal" would genuinely be better advice.
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Tik Tok
Star

The world is in so much trouble.

ScazarMeltex posted...

People like Belfort don't understand that kind of thinking. Their goal is accumulation of wealth. It's like when my job decides to work a bunch of mandatory overtime because they don't know how to schedule production correctly and I tell them to fuck off and they are like "wut you don't like making money!@!@". Like no dickhead, I have a finite amount of time on the earth and I want to spend as little of it at work as possible. I need enough to pay my bills, save a bit, and indulge my hobbies and that's it.

Yea, as a single individual with no kids it's amazing how often employers think I don't value my time, or life and am willing to eat, sleep and breath work in interviews. Lmao.

Which I'm more then happy to play along with usually.

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ScazarMeltex posted...

People like Belfort don't understand that kind of thinking. Their goal is accumulation of wealth. It's like when my job decides to work a bunch of mandatory overtime because they don't know how to schedule production correctly and I tell them to fuck off and they are like "wut you don't like making money!@!@". Like no dickhead, I have a finite amount of time on the earth and I want to spend as little of it at work as possible. I need enough to pay my bills, save a bit, and indulge my hobbies and that's it.

F***ing this.

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And to think, bringing Jordan Belfort back into the limelight is the 2nd worst thing the movie ever did...

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honestly that movie has produced a ton of unfortunate consequences despite clearly presenting its characters in a negative light. not only has it given this shithead a huge public following, but the amount of finance bro and "entrepreneur" dipshits it inspired is countless

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"Just quit your good job bro."

Like I could understand if the dude was making $16k dead-end with no hope of a raise or promotion, because fuck that, but there is no reason to drop a $60k job unless you have something better immediately lined up or there are personal reasons forcing you out.
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Hoodroar posted...

"Just quit your good job bro."

Like I could understand if the dude was making $16k dead-end with no hope of a raise or promotion, because fuck that, but there is no reason to drop a $60k job unless you have something better immediately lined up or there are personal reasons forcing you out.

Depends where hes at. Im in LA, made 67,000 in 2019, and it was no where near a comfortable lifestyle, probably cause I was taking care of myself and a girl. Now that Im single and everythings back to normal, 67,000 will go a lot further I hope but yeah, I think you need 100K to feel comfortable.

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