Dont Regret Buying Chipotle In 2026...

Added: 2026-05-24

[00:00:00]stand it when I see kids that are making 70 grand a year spending $28 for lunch.

[00:00:05]I mean, that's just stupid. It's just think about that in the context of that being put into an index.

[00:00:11]>> True.

[00:00:11]>> And making 8 to 10 8 to 10% a year for the next 50 years. Can't stand.

[00:00:15]>> True. Okay. So, what Okay. Well, I I I you you have to assume that there like there's no way that somebody would be paying $28 for lunch every single day. You would think it like more reasonable people it would probably be like once or twice a week, right? Um, now like like I I drive well actually we'll get into my takes after but like let's say let's say he's not wrong though. He's not wrong. Right. So let's let's say um uh com uh interest compounding calculator.

[00:01:04]Let's say you are, when he says kids, I'm probably assuming like a 25 year old. Let's say you're Let's say you're even 30 years old. Let's say you're 30.

[00:01:13]I'm assuming most of the people that watch me are between 30 and 40, right?

[00:01:17]Or 25 to 40. Let's say um 20 30 years old to 30. So let's say 30 years time to grow 30 years. rate of return. Let's say 9% is pretty easy. I want to say um and so $28 a month.

[00:01:41]Sorry, not a month. Uh let's say cuz you know you know what the you know what the problem is when you work in a in a a corporate office.

[00:01:51]Here's the thing. Here's D. I saw I saw um not not I'm I'm all over the place right now, but I saw a clip from Iced Coffee Hour where um the it they they showed the graph of the total um debt of US citizens versus the total savings rate. And basically the the debt of the um average US household has been going up in perpetuity basically like forever. It's a graph that goes up. But there's only one time in history where the savings rate was going up instead of the debt rate and that was when people were locked in their houses during lockdown. And then you actually see during COVID this 2year like huge spike in savings rate. So, the the moral of the story there was when you force people to stay home and not blow money on dumb [ __ ] people tend to save more money, right? Which is which is legit. I um cuz I don't spend any money on anything, but I'm I stay at home all day. I like um you got to think uh as much as the hardware bros complain about the prices of like gaming PCs and stuff once you actually do buy a gaming PC it's a one-time investment you know what I'm saying and then you're kind of just like playing video games and not spending money so it depends how you look at it right whereas this $28 for lunch and [ __ ] you know why um you know why people spend that money cuz they cuz I'm not sure how old you guys are or if you've worked in corporate environments before but when you work in a corporate environment there's a lot of like beneath the surface type of [ __ ] that Nobody talks about like when I was back in the corporate days um if you if you if you weren't a smoker because like so all the managers and all the all the managers would go for smoke breaks every like hour like it was [ __ ] ludicrous right they'd always just be out there smoking like every hour on the hour and then I remember um anyone someone who smoked was welcome to go out there and smoke with them.

[00:04:35]So I remember one time I tallied up so it wasn't obviously it's not fair because it's like because I'm not a smoker I don't get all that extra break time. So it's like this person that's killing themselves literally they're smoking and killing themselves. They got I remember I tal I don't remember the exact number now, but I remember I sat outside the door and tallied up the extra break time that this one employee got. I think it was like over an hour and a half extra of breaks plus her lunch break plus her breaks, right? So I'm like, so this person gets an extra hour and a half break per day because they're a smoker and I don't. And I brought that up to my manager once and uh he told me to stay in my lane.

[00:05:20]I which I understand now, but man, at the time I was [ __ ] livid, dude. I'm like, so so basically so basically um I you have a choice of killing yourself with smoking or losing out on an hour and a half of breaks, right? So right away there's a there's a big problem there. And how this relates to this whole $28 [ __ ] is because if your manager or if your co-workers are going for a $28 lunch and you're the one person that doesn't go, there are more ramifications to that than the $28 that you It's almost like peer pressure. It's like, oh, if you don't come and spend the $28 and hang out with us, you're going to you you are perceived as a loner and you are passed over for promotions and [ __ ] That's the biggest [ __ ] that's why these people are spending this [ __ ] money, right?

[00:06:28]It's just that nobody is um talking about that angle of it. It's not it. The way this is phrased or worded is like I'm going by myself to the Starbucks and spending $28. It's not usually that.

[00:06:45]It's usually a group of people or a squad or a group of friends. And then it's like there's not really any recourse to that either. So, it's like even if you do pack your lunch and you bring Tupperware, if you bring the Tupperware and the lunch to the restaurant, you'll never be invited ever again because you're not part of the cool kids, right? It's it's it's it's all the entire thing is purely cancerous, right? You might have like 50 family members, cousins, and direct family, second family, friends, etc. Like, you know, at least one person that's passed away, right? So, it's like the the odds are though that you'll make it to 60. It's like it's uh for for me um I I think the I I think the reason why a lot of these boomers talk about compound compounding your wealth and all that stuff is because they made it to 60 and they made it to 65. the people that passed away at before age 40, they obviously can't tell you their side of the story, right?

[00:07:56]Because they're gone. So, it's like, and I I think society in general assumes that most people are going to make it to 60 at least, right? So, it's like if and and and the math does does add up with that where it's like you might have like a 10% chance I don't know what the actual number is, but you might have like a 10% chance to not make it to 60.

[00:08:26]So, like if you if you have a 90% gamble on one path being the the not the correct one, but the most likely one, unless you go out of your way to like do a bunch of drugs and all this [ __ ] right? If you just like drink water and do your steps and all that, um you're it's it's most likely in your best interest to do some kind of compounding going forward now.

[00:08:52]Let's talk about the entitlement aspect of it. Right.

[00:08:57]the the the the the blowback that that this guy is getting from this comment is interesting to me because it speaks a lot about like the Gen Z mentality. Uh so it's like reality of cost of food. That's one part of it, right? Then there's like the reality of the spending habits. That's another one. Then there's um the reality of inflation.

[00:09:38]Then there's like that you get into this like subsection of people usually Gen Z.

[00:09:44]Like I want to say like usually it's Gen Z, right? Um, I have like nieces and nephews that are Gen Z and I'm like when when I talk to them I'm like, "Holy [ __ ] you're in trouble." It feel you when I talk to my nieces and nephews and stuff. Um, I'm like, it feels like they're brainwashed a little bit.

[00:10:08]Like, like, let me give you an example of of um, my my niece is married to a Gen Z guy and he's like 24 now, 25, something like that. And let me tell you, man, whenever we get together at these like family dinners and stuff, all they do is complain about the cost of living here in Vancouver, right?

[00:10:38]And let me tell you, these my niece and her husband are the two laziest [ __ ] people I know on the planet. They do not want to work. They work like four hours here and there part-time and [ __ ] and then like complain that they have headaches and like their back is sore. Like it is the the lunacy of the [ __ ] laziness is totally out of control. And I I'm I'm not a boomer saying that either. Like like how the how the [ __ ] am I at I'm 40 years old and I have no problem working 16 hours a day to achieve my goal. No problem. I I've I literally did it. I literally did it. You guys were watching me do it, right? I'm like, uh, what the [ __ ] is the And here's the here's the other [ __ ] crazy thing. You know what the husband said? He's like, he's like, all we have to do is just wait for our parents to pass away and inherit their their uh their properties.

[00:11:42]That's what he said.

[00:11:45]I'm like, this is my sister, right? my this like I'm like yo sis I'm like you need to sell your place and blow all your [ __ ] money before you pass away [ __ ] that [ __ ] It's like your your daughter married a [ __ ] loser. Okay like like yeah it it is it is [ __ ] but that's how Gen Z thinks. That's how Gen Z thinks, man. They're like you think the other the other [ __ ] up thing is it's like bro you're going to be like 80 years old when my sister passes away. Like you're going to you're going to what the [ __ ] right? Like you're so she'll be a 100 and you'll be 80 and then you might inherit inherent inherit an apartment.

[00:12:31]That's not a good play, brother. Like, do you know what I'm saying?

[00:12:37]Anyway, entitlement, laziness, and like arrogance. I want to say it's like I like that's it. It's weird to me that I relate so much with boomers, but I'm like I'm a millennial, so I'm right in the middle, right? Um, and so I can see that like my parents bought their house for like 10 grand. It's like, yeah, I get that part of it too, right? I get it. Um, but on the other hand, um, they did not have access to the information that we have.

[00:13:23]They They don't have Robin Hood on their phone.

[00:13:27]They don't they didn't have the capacity to compound their wealth.

[00:13:32]It's like it's like the the pendulum has just swung to a different avenue, but the but the overall difficulty seems to be the same.

[00:13:43]It's like my parents worked until they were like 65 eight hours a day every single day and then their entire retirement just got printed away in the last like 5 years, right? So it's like I don't think that is a good approach. So Gen Z is like they're talking as if like the boomer way of life was better.

[00:14:11]But I I disagree though. It's like, bro, they had a they had a a two parent household working eight hours a day every single day, both parents, all the time.

[00:14:25]Like, you're you're not even doing that now. Like, like, I don't know a single Gen Z person that's working a full-time job.

[00:14:38]I don't know that many Gen Z people, but I don't, man. They're [ __ ] lazy.

[00:14:41]They're [ __ ] lazy, bro. Hang on, let me catch up here. So, so the the thing is like the cost of food is definitely gone up, though. Uh like like the steaks that I bought, but then there's also the spending habits, right? If if the cost of living is twice as expensive.

[00:15:03]Well, sure. Okay, but then what? There's nothing anybody can do about that, right? Um, you can you can just do like whining on Twitter and whining online doesn't change anything. Um, complaining doesn't change anything. Um, talking to your friends about it doesn't actually change anything.

[00:15:23]Um, that I agree with. Yeah, that I that I do agree with. There's actually no point in arguing about I don't think that's what they're arguing about though.

[00:15:33]Or this Kevin Oly post. I don't think he said that. Dude, I [ __ ] love this.

[00:15:39]Who is this? Sorry. [ __ ] Ah, damn. She has too many followers for me.

[00:15:49]She might be too old, too, actually.

[00:15:52]Yeah, she seems kind of older. She looks good for her [ __ ] age, though. God damn. Anyway, I just Carmen San Diego is like my [ __ ] man. But uh I don't think he's talking about um whether or not the cost of living is higher or not. It's more we're talking I think he's more complaining about or drawing attention to the fact of the spending habits, right? The spending habits and the entitlement and the and the laziness.

[00:16:17]So, when I um when I went to Costco because I I I I barbecued my mom some steaks for um for Mother's Day, right? I told you guys. And uh I remember when I was like, "Hey, mom, what do you want for for Mother's Day?

[00:16:33]I'll go I'll go grab it for for barbecue, right?" She's like, "If possible, I would like to have steak."

[00:16:40]I'm like, "What do you mean if possible?" She's like, "Oh, you know, I just if you can afford steak, steak would be really nice for Mother's Day."

[00:16:47]I'm like, "What is my mom talking about?

[00:16:49]Of course I can afford steak." Like, what the [ __ ] Right. I So, I said yes before before seeing cuz I I don't really I don't really buy steaks for myself.

[00:17:00]I'm not like a guy that's going to go and make a steak for myself. That just doesn't I'm more of a macro tracker. I don't care where the protein comes from as long as it's there, right? So, um, anyway, I go to [ __ ] Costco and, uh, it was like, "Holy [ __ ] dude." I It was like, uh, 90 can I I put a picture in the Discord.

[00:17:22]It was 90 Canadian dollars for three steaks to be fair. Um, I fed I fed four people with it and I had two days of leftovers.

[00:17:36]Like, they were huge. Like, they were massive [ __ ] steaks, right? and they were on sale. It was like $85 after uh bills and the discounts and all that [ __ ] So, it was like I had I fed four people and I got three other meals of 50 grams of because I weighed them out cuz I go for I count the macros, right?

[00:17:59]And then um but then I looked at I looked at the [ __ ] price of it and I'm like that's not worth $90.

[00:18:09]It wasn't worth the money.

[00:18:12]And and then if it wasn't Mother's Day, it's like I would never buy that for myself. There's a bag of chicken down the [ __ ] aisle for 30. Like I'll just get that. Um and then it's like back to the spending habits thing, right? Um you have to you have to question why is that stake $90?

[00:18:37]And let me tell you, it was flying off the shelf because it was Mother's Day, obviously. So, everyone's kind of [ __ ] getting the steaks for Mother's Day and it was on sale. But it's like, yeah, the steak was flying off the shelf, right? Um, if it wasn't, the price would come down. It's like, that's the whole crux of the entire That's just how capitalism works. If people just don't buy [ __ ] the price comes down, right?

[00:19:05]plus supply and demand and all that.

[00:19:08]So the the the cost of groceries, you know, dude, dude, I will say not do you know how much money I've saved? It's so it's so weird to say this, but you know how much money I've saved quitting my job?

[00:19:30]Like weirdly, like obviously I lost the income of the job, but like I don't spend any money on gas anymore. I don't drive my car. I don't go out to eat. I don't buy Starbucks anymore.

[00:19:50]I just like stay home and gym and like hang out with the ducks.

[00:19:56]Like there's no like like it's almost like going to a job costs you money that you don't even notice that costs you money.