 And we're live here on the independent investor channel welcome to all the subscribers to the message to the supporters over the Many years that we've been putting down on the project I think this is a live stream a thousand and thrown down for quite a few years here on the channel. It's a pleasure to do so We are looking to revolve around the topic of money budgeting discipline thinking about money in maybe a different way If you think you've got money understood It's one of those things that you'll evolve with over the course of your life It'll be one of those things that hopefully you can get to the end that I try to strive for for all attendees to the channel and that is for you to control your money and for Money not to control you I'm a different thinker. I'm a different applicator. I wouldn't do nothing but wish upon you the ability to think independently. I would Wish upon you the ability not to go where the crowds are. I just saw Graham Stephan on Dave Ramsey Two of my least favorite people actually out there. If you look kind of behind the curtains, you'll understand why Blind followership is not going to get you there. Okay. It's not If you think somehow that it's going to try to it's going to provide you a strategic edge Because you're following along and that the masses are smarter than everybody else out there You are sorely mistaken if I can get you to a place where you finally break yourself down and look in the mirror and Suggest to yourself that financial markets are made in more than a week right now CNBC would have you believe that it is scary to invest even over a weekend now I do acknowledge that Things are up in the air right now. I recommend the Netflix show Gaza check it out to put things in Perspective for you where those poor kids they can't eat and they're they're wishing that they they weren't alive That's how bad their life is so When people find it convenient to come in and throw some stones at me or to think that they have all the answers There's a deeper perspective here to be had for sure about what's going on geopolitically. I get it Absolutely get it, but here's the thing for people who are provided that advantage We owe it to both ourselves and the families that we represent to not piss away our legacy Okay, most people who are the patrons of the channel here, especially in North America and Eastern Europe Australia England Ireland Many many patrons to the channel Have opportunity and we want to make sure that we're leveraging those opportunities and making sure that we're embracing the idea of separating from your money and Separating here from your money in a way that allows you to focus on those elements of life that are truly important That's the bottom line You want to try to buy into mainstream media Good luck if you find an answer Follow in mainstream media and and you you're able to glean the path to righteousness. Come. Let me know For me, I think it's built to confuse people from one day to the next the market will be up 350 and everybody will be celebrating and singing praises and joys and hallelujahs and I'm the greatest investor of all time Only to be subjected to a week that we've had this week was which was a dismal week Absolutely, we're just in bad times right now with the investing landscape I sit back and I evaluate as I expect you to do and if you truly look at the Investing landscape if you are truly in the investor camp you're an investor in financial markets Can you look at your investments and say I'm destitute? I'm not feeding myself I'm not making ends meet I'm unhappy I'm not sleeping at night I'm selling my entire portfolio on a Friday because I'm scared of Monday I'm moving in the market because everybody else is moving in the market The VIX is over 20. I should act upon it to Invest or not to invest The stock market in its purest form is just that I watched the financial numbers come through Beat after beat after beat this week Only Really throttled back by the overhang of Interest rates which crept over five just shortly to fall back below five for the first time in 16 years We're in unprecedented times my friends. There's no doubt about it The question still becomes what it was three years ago and four and five and ten years ago To be an investor or not to be an investor to invest in volatile markets and Give you some tools that you can put in your tool bag. These are things that I'm not a financial planner These are things I do take it for what you will You want to employ the services of a financial planner? By all means go ahead. I Don't believe that provides you any type of strategic edge There are books written on this philosophy that would suggest that a financial planner Provides their very best value to you By keeping you from your worst enemy yourself By coaching you through volatile times and I would agree that most people need that most people would get in over their skis unfortunately by the Recommendations of a financial planner that would suggest that perhaps maybe it's in your best interest to invest every spare dollar that you have I'm not in that camp Safe to cash only to see that cash degrade over time. Yes invest in alternative assets whether it be land Things that I won't mention on the channel just because they're a little bit controversial but things that I invest in right And those those assets if I were to look at it right now, it's not like it's not like a quarter of its missing It's not like it goes down in value. Okay if I buy a gold coin, which does have some merit There's some shills on Twitter that would suggest that everybody needs to just sell all their portfolio and flood into gold bars. I would Perhaps maybe a caution that you to put yourself in the place of Armageddon And ask yourself what in the hell you're gonna do with a pile of gold coins This is why I'm the best I Was accused of being a shill again this week. That was fun stuff. I know some people out there They don't like when they when I defend myself. I don't need to one way or the other I just think it's funny because when I get scrutiny for shilling a stock Shilling a penny stock that's up. Let me check my notes here. You can cross check me on this Oh, yeah, there's my notes 31.11% year-to-date that would be an aduro clean technologies I'm up a cool four thousand bucks in the stock. No problem and people will say well, what about highly on Ryan your year I'm still a share owner in highly on Bad couple weeks It's been a bad three years in the market Is it socially acceptable for me to invest in AT&T because it's a household name And I won't get any scrutiny from people right on Ryan. You're the man it renders 8% dividend and That's awesome investment, right? It's done nothing that go down over the last five years. I've held it It's degraded in value value trap I'm invested in it doesn't mean I'm a bad investor It doesn't mean I'm a bad investor at all It just means that to compare those two and suggest that one is somehow a bad investment because it's a penny stock And I'm a shill for moving on to it It was the only piece of content that I released this week. I had a couple of special guests on the channel Give me an opportunity To give some kudos to my newest feature channel I don't even know I did not ask this individual if it was okay I just think that highly of his content, which is carbonomics very very good channel Put out some very very good information about origin materials. So Andrew, there's your there's your take right there And I know you know carbonomics if you do follow that story But I had Mary Euch on that on the channel as well as he is on those insights are invaluable If you want me to come on and punch myself in the face for 24 hours straight I'd probably get 1.576 million views because people are really interested by that productive type of Entertainment, all right, they're not entertained whatsoever by this type of engagement I talking about money in a different way if you think you've got it figured out fine You've got it figured out. You don't need me. We'll see you in the promised land. It's no problem But there is a very complex and dynamic way of thinking about money And it doesn't have a whole hell of a lot to do with your interpretation of money And that is to earn money and spend the shit out of it every month Spend it down to nothing. Okay, because you have to buy everything under the sun Different schools of thought I'm not here to judge. Okay, I'm here to share a perspective on money That will allow you to have the best shot of financial security into your future. Okay By spending frivolously early on in your life you do set yourself up for the highest level of regret later on in life and quite frankly to give you some Insights on why I do what I do it has very little if nothing to do with me The reason I invest is because I like to look at and and execute along a business plan I've made tons of money People don't know that I was I made six figures of profit in 2020 swing trading the market Every one of those dollars went too highly on so when people are suggesting that somehow I'm shilling the stock or I'm down huge the reality of it is that I'm not down at all I'm fine by nature of using financial markets to my advantage and paying a little bit of attention Has put me into this position to actually look at this stock and suggest that we're probably at the very worst time In the company's history. I've been very scathing on Twitter. No problem. Throw your stones. No problem You can be mad at me if you'd like but this asshole has just went in hiding And I'm not I'm not cool with it one bit not cool with it one bit This guy was ill prepared to be a CEO He can change that in a dime by coming out and actually talking to shareholders as a publicly traded company And it's poor is prerogative to do so I can't compel somebody to do something that they don't want to do It's nothing that I would do in running a business I'm very proud of the of the progress that I make day-to-day in my small interactions with people my progress is with my profession and I'm very very satisfied with the the the modest salary that I earn every single day by working very very hard earning that salary and I think there's a ton of people out There that can actually really relate to that Hard work hard work. I love to see people get ahead. I absolutely do. I just saw passive income investor pop in Another one of my featured channels Glad to support the mission love to see those folks out there really looking to share Testimonials on different ways of thinking about money and wealth building and giving you different Ideas to think about because you need help. Okay, people need help People are not taught this stuff in school. They are not taught how to deal with different buckets of Finance, they're not talked about. They're not taught the use cases Behind each of the buckets and the strategic benefit of each and so for those channels out there that are providing an angle No, no one Message being more right than the other But I certainly provide those kudos for those folks out there that are providing those insights for people In understanding that there is a dynamic approach to money I don't think a lot of people pay ample attention to the financial game I think with the amount of mistakes that I've actually made and actually chronicled through the independent investor channel You guys can take stock in understanding that if you made half the mistakes that I made you probably end up somewhere special in Wealth building or you could take the chance in not Financial wealth build at all right just don't take a chance at all and then you'd play at the safe route And you'd end up somewhere just the same. Oh, I'm I got Billy in the house Billy says get passed highly on There's no doubt about it. It's very difficult To support a channel where there's no reciprocation in the message. That's for sure and I think from my own perspective You know when I look at how the story transpired The information that was put forward I mean there were you know 2,250 orders that were put on the books and we've got earnings coming up in a couple of weeks I'm very curious to understand what the analysts are going to ask Because there was a little bit of concession that the only time that the CEO was going to speak was when it was Regulatorily required to do so, you know, my life goes on Billy, right? It goes on. I have a very good job. I have a very good pension due to me. I actually I love my job There are certain elements that I do like about YouTube there's certain elements of social media that I absolutely despise Absolutely hate Me personally, there's no way I can do this for a living. That's what makes my channel unique. It makes it different people come in I shed a voice For people who are also out there who might not be into social media I think there's a lot of people out there that are made stronger by my channel actually by tuning in to me and they're tough They hold me to a tough standard Just like you do just like a lot of people in this channel and I totally agree. Perhaps maybe there was some Some some off track, but here's the thing. I'm trying to get ahead Right and and if that's offensive or it's it's it's challenging to people or it puts people off I don't care. I've always been this way I was this way before YouTube and just so happened to come on to YouTube and be able to share With people that getting ahead is not done so by nature of complacency. It is not I've had hundreds and hundreds of wins in my life This just so happens to be correct right now a losing proposition And and exacerbated I think by the silence on the line Crazier things have happened and I'm not suggesting that this company right now Let's say me and you agree that this company right now will cease to exist It will go to zero and then I will have no choice but to but to change topics, right? but that actually is not the focus of my message Outside of a couple of investments that I'm super excited about like I want to see technology integrated into Reducing carbon footprint for businesses. I really do But I was accused of being a shill like Jeremy. That's like I have a lot of worth in just passive investments My dividend portfolios are actually available if you check the description of this video My dividend portfolio has 98 holdings I actually did some change-up this week that I'll share with you now There was some calibration within the portfolio I added a couple of names in there one that's coming to mind was Iran I actually liquidated abgen which was a huge huge bagger for me in health care I actually liquidated my position in ab V which was also a multi bagger position Was able to kind of flex a little bit and adjust Johnson and Johnson based on the earnings call this week They blew it out of the water the stock went down So we have to pick up that on the dip a little bit just kind of restructure that but if you guys are interested in that dividend portfolio I shared with you guys about a month or so ago that Those portfolios off of M1 finance. I don't receive any compensation I've since fixed that I figured out Rakuten I Learned how to say it and I did figure it out and I think if there is some payment to me I think it's 75 bucks or so that I get paid I just got my first affiliate commission in a long time actually by no Advertisement by me, but I did actually update the portfolios provide those to you guys in a link And you guys can can grab those those portfolios at your leisure They're pretty cool just to look at if you don't sign up and you don't invest any money You can have the portfolio for free You can look at where my mind is how I break down the sectors and that can give you a really good start about how I Categorize the dividend growth Perspective, but I'm a thousand and thousands of dollars in that Even with this last digression and the Vix being about 20 and Rick Santoli says that I can't invest over the weekend I'm fine I'm kicking some tail. There's no doubt about it Now the speculative camp I guess is what you know people would have a problem with me I'm trying to get you to understand that I think on multiple platitudes There there's multiple verticals in my application and that is just one of the verticals All right for the people out there that play the micro cap game Exclusively I give them all the credit in the world for having the world's largest Cajones. No doubt about it I I envy them. Okay. The problem I have is that I'm playing with my children's money Okay, because whatever I'm able to accumulate if I don't accumulate one single dollar from here on out It's all going to them. Anyway, I Will live abroad with no problem with my pension because I've earned it and you can earn it too If you expect to sit on your backside not earn it. I don't have a lot of sympathy for you I wish you all the best. I wish I could give you that magic sauce to be able to sit on your haunches and just Make a million dollars into retirement my friends I'm not cut from that type of of pedigree where I believe that that's even possible Nor would I suggest that even if you were bestowed wealth and you didn't earn it that it would even mean a damn thing to you in the first place, right? So just some things to revolve around to think about To to not buy into the social norms about how people view money Define your own Idea of what you want out of this gig. Do you really value the paper if you value the paper? So be it? That's your thing me. I'm looking to grow a number by accumulating share base and it's a pretty impressive share base I'm gonna go over the rules. I'm gonna go over some of the dividend portfolio tonight We're gonna talk about all kinds of things guys. We've got a good group in here tonight I appreciate your attendance leave your comments in the section here And I will try to highlight and and and try to get you on the independent investor channel. Make you famous man This channel is yours. I'm just here to write the business be back with you in just a moment It's I have an interest in all companies that's for sure it's interesting times right now That's for sure. I think it's easy to look at this investing landscape and be confused as to what to do Anybody else feel that way and and I keep coming back to the fundamentals The fundamentals are easy easy easy do it here, too. They're easy. What do you mean, right? No, it's easy. I want easy man. This is the socks Bought bought in video this week. I bought some shares of Amazon today on the dip About a little bit of VIG today on the dip Just to share with you guys added a little bit of large cap growth to my Roth IRA Restructured a little bit of the dividend growth portfolio. I added a ran in there And that was the it's orange Iran is the ticker symbol orange is a French telecom in in France It's the largest telecom Provider and it's based in France Phenomenal yield added that into the portfolio picked up a few names as well I'll have to update the link for you guys in the description. I think the there's not a lot of changes, but there's there is a few But the fundamentals that I speak about are the dollar cost averaging The dollar cost averaging is the biggest piece to that and Those are the things that you can control Okay If you if you buy into this whole idea that it is not good to be an investor right now And that you're going to wait for a better time. I Think you're gonna be sorely mistaken. I Really think you're gonna be disappointed in yourself. I know it's hard to look and look at the The digression in your portfolios It comes it comes in with the number one rule that I have about not investing what you are Able to Justify losing and it's kind of a loser's mentality. I really don't like it But the idea is is to invest yes, but not to get in over your skis to where Okay, now because you're an investor you're somehow bestowed upon the opportunity to the promised land It's not that way. It's not that way I find myself every now and then finding myself guilty of being overzealous because why because I'm hungry I'm an aggressive aggressive investor I I would be hard pressed to suggest that most people couldn't have taken this ride with me on either of the speculative stocks to be honest with you But my my my thirst for getting ahead Puts me in these positions and I think that can be kind of infectious for people to understand look I mean, okay, you start from being a bump on a log and Maybe look at that and go gosh, that's not really inspiring And then you look at a guy like me who works again on a blue-collar salary that that has Some net worth and comparatively speaking. I typically don't play those games I'm very very proud of what of what I've been able to build up over time and at the end of the day I share with you my perspective on that as just being a number. That's it It's your number. I Don't think any more or less of you based on your number I don't think any less or more of you for taking a strategic shot. I would encourage it Okay, but just make sure that you can handle it. Um, that that's the big thing And I think a lot of this game that doesn't get spoke about is avoiding regret avoiding those missteps in investing that can bite you and they're not fun at all I would not wish that upon people who are not mentally prepared to endure Those types of downturns in the portfolio and you can avoid those by Seeking diversification. Yes, it's cabernet Thank you. It's my favorites the only I really I'm a I like wine I like it a lot. It's really good I thought I'd change it up tonight a little bit and And enjoy my evening with you guys over a glass of wine. It is it's cabernet and it's cheap. It's not expensive I'm a cheap wine drinker but Anyway, I says are you adding so fine the pullback? I think so far is a good play here, man It's just crazy to see some of these awesome companies that are just getting beat down A duro should never drop four cents in a day. It should never drop like that. That company is so good It should go up every day I think this market I'll say something independent because you guys tune in to me not to get the run of the mill garbage and Oh, blah, you should sell everything and run to the hills It's why you read the title and you come in here and listen to me and you're you're like, okay Now I get the joke right this guy's right on point um by telling people that This this might be setting up to be an enormous wealth building opportunity for people Yeah Are we at a hundred percent pessimism? Not sure if i'm willing to put my thumb on that pulse yet Is it pessimistic? Yes our people flocking As he is on suggested this week in my podcast with him The people are flocking into t-bills right now Gold's up just nine percent this this this week and Everybody's flocking for the safe haven trade I don't flock with anybody I'll keep my s and p exposure. I'll continue to buy the markets as it goes down. Why is that? It's because i'm not retiring on those dollars tomorrow Quite frankly some insights from my perspective would have you understand about the way I view money Is that I am looking to build my funds indefinitely? With the hopes of continuing to monitor portfolios if that's what makes you happy But never with the intent of selling my assets Never there will be ebbs and flows in your portfolio Your money will go down Sorry to break it to you There will be harsh lessons to be learned if you get in over your skis in investing If you fail to identify with your own personal risk tolerance and you end up over those skis inadvertently It could be a painful lesson to be learned One that all experienced investors have at some point experienced in their life And one that I would carefully wish upon most investors that are looking to get ahead And we'll need to at some point incur some some heartache and and and incur a little bit of Of setback And if you can do that, it just makes you stronger. There's no doubt in my mind But it's actually healthy for those investors out there to really learn the ebbs and flows of the market I would just assume invest in a way that sets yourself up to Avoid most of it and I look at that dividend portfolio that I have with m1 finance It's it's just absolutely kicking ass I just want to show you guys this if I can log in really quick I I was just looking at this today and I'm like damn if this was my only portfolio This would be pretty crazy to look at All right. Yep, we're in And we kick over to the performance and if I can just show you there on the screen Let's see if I can get that to register you see that Up just shy of 6 000 that's come off from 10 000 And then the earned dividends right there up 25 171 And change the portfolio renders 3.68 you can see that there with the 98 holdings This is what i'm talking about for a total aggregate of 8500 not too bad on a 35 000 dollar portfolio Nothing that you're gonna shake a stick at certainly But nothing that you're gonna look at and be like god dang man. I can retire on that money That 36 000 we need to stop looking at Money as if it's just a lot of money like a lot of people if they were to go to a casino and win 5 000 bucks They'd be ecstatic. It would be a life event for them. $5 000 is not that much money Dude, it's a lot right and burst my bubble man. It's a lot. No, it's not get over yourself Stop thinking like a retail investor and start thinking like a baller Start thinking about someone who has misapplied a financial stewardship For your entire life and start looking at money or forcing yourself to look at money the way that Um wealthy people look at money The amount of wealth that i've been able to to to accumulate over my life has had nothing to do With my path to perfection You will never ever ever hear me come on to youtube and suggest that i am a perfect investor Nor would you find me to suggest that there are other people out there that are perfect investors So why the hell do you keep looking for that crap? Fucking did make me super stoked man. If you'd be like, you know what? I had a revelation ryan I love you brother. I love your channel, but i'm out I heard your message And did I not understand your message enough to watch your message enough to understand that I need to actually shut Your message off and start doing some mother effing thinking myself Nothing would give me more satisfaction than just that Now we come in here on a friday every single friday and we revolve around this idea That's why people in my subscribership are tough They're tough They understand that there is a high bar to be set. There's a high bar of Personal initiative that I expect Um, there is no expectation of me for me to come in and shepherd you to the promised land I'm just an individual smo with no socks on who wears the same freaking shoe to every friday I could be the The the the the poorest person on youtube and this is just all of a sod and just all a show Right, I could just be completely tricking you. All right I'm not I think you guys know that's the truth and what you kind of see is what you get with me. This is it. This is what we've got Very cool stuff Vegas next week. Are you serious? Um, yeah, i'm down. That's the next vacation I take I'm do i'm do for a trip You know, that's funny. It's just like that travel right now. It's crazy I was just talking to my mom and one of her friends had her trip to cabo Canceled due to hurricane, of course, you know, you want to go on a vacation and either it pours down rain the entire week Or or hurricane rips through see my idea vacation is actually owning a home in a location where I want to stay for a long term Not into resorts anymore. I've shared this with the crew man. I'm not into motels anymore Um week long vacations. Those are for the birds. I'd rather stay here and work actually I get more satisfaction out of doing that Because at work if I stay in the pocket For a long periods of time I'm really good. I'm really good I have the pulse of what's going on and I lose that pulse when I go on vacation I know people say but you have to go on vacation. No, you don't I'm good piss off if what you think for me is what is good for me. I'm good Why don't you ask me what's good for me? I'll tell you what's good for me And I'll suggest maybe what's good for you too, right? Week long vacations. They piss me off. They're irritating I get there I relax for two days Just getting the jet lag off and then I can like look at what is cool to do or familiarize myself with a new territory Um, I do a few things and and then I've got to prepare to leave and I get on a plane and before you know it I'm back home again Sucks I'm not a cynic. I just enjoy life. I'm enjoying it right now speaking to you kind folks this evening man life is good Very cool stuff Some really good growth stuff out there, man. So when we're talking about the quality I'm going to give you a rattle list right now. There's 43 in the group here I'm going to give you a rattle list of quality I just did really a compulsory look of everything that is um that is stocked this week about some more amazon This week no problem. I'm happy the biggest purchase came through Buying some shares of nvidia taking a nice stake in nvidia Well tower added some well tower into the real estate Chopped one of the real estate holdings out added well tower at the top for Long-term care facilities for our aging population, etc. Right investing theme in an arm well tower. That's in the new dividend portfolio amazon cost go hilton lows You've heard of these companies. Yes, microsoft google Lockheed martin good one slumber jay Who is buying slumber jay at I think it was below time When oil was out of favor and like oil was going away and There was a war on oil and there was going to be no more oil in the world and there was going to be no more oil Yeah, who bought slumber jay If you did I give you props You could have tripped and fell into haliburton and been fine with that trade procter and gamble Northrop grumman, of course the defense stocks are doing well general dynamics l3 harris Energy transfers. I just added energy transfer into the Energy portfolio which the energy portfolio guys. I wish I could have shown it. Yeah, I'll just show you energy Why not because we're just having some killer fun tonight Yeah, I'm already logged in so I'm going to go here Right and the way the portfolio is broken down. I know it's going to turn me gray But that's all right. It's got to recognize see how the technology health care consumer staples financials. You see that Cool. All right, so I'm going to scroll all the way down and we're going to check energy Remember when energy was actually trading at a negative Look at these holdings. Let me see if I can angle that so you can see it. There you go Look at the green. There's energy transfer LP at the bottom Um, I don't know Matt if Matt would agree with that exxon mobile just came with a huge huge acquisition of pioneer I shared that last week Chevron and then of course shell right at the top. Look at that holding in shell up 42% Dude shells abused shells a beast Yeah, that's a couple thousand dollar bill nothing too crazy But look at that holding now. It's materialized into over a thousand dollar position and shell oil, right? These are the types of things that I talk about if you're Piecing together nickels and you're piecing together dollars or maybe you do have some surplus capital To put together man the dollars and cents mean a lot man and that dividend portfolio and m1 finance I you know, I get a two dollar and 44 cent dividend That that's a psychological boost man and for a lot of people who are like damn, you know, that that's pretty cool I think it would be more impactful if you could actually see the money But you don't that money's paid and it's dividend portfolio reinvested back into the portfolio Um, and and it's it's a super super enjoyable thing again I guys just don't don't download that I will make a point to go on and grab the link of the new portfolio Um, it just dawned on me that I didn't do that yet. There's no big deal I've got to create a link and that way You guys can kick into that It's not a whole lot different outside of the well tower and the aran that I bought this week Everything else is held true Uh, it is built around providing some dividend income times 98 and it's a cool way of investing I dig it man for such a small amount of money The aggressive growth portfolio is also Available for you in the description that has not changed. That's your amazon facebook adobe meta um google uber netflix tesla Lululemon I think that's about it. Yeah. Yeah, so that's available for you guys again If you don't invest I don't I don't get paid for that but you get the information So it's a win-win for both of us. I love to provide the information. That's what it is That is the actual portfolio. It's actually connected this account I'll kick in there and I'll show you that too. Let me get out of energy. Blah blah blah Go in here. Yada yada hipty-doo hipty-yada huda I really like investing it's a lot of fun. There's netflix that give you an idea of the aesthetics of the platform There's uh netflix amazon There's nvidia adobe Microsoft Shopify Apple tesla meta Lululemon uber and air bnb so That's an aggressive growth portfolio. Just over a five thousand dollar bill before this big Sell-off heard around the world that would have me diving into my prepper bunker It was at 5500 so i'm down 300 bucks So i'm a horrible horrible investor and I do apologize for losing 300 of my own money But I do share that portfolio openly with you guys if you care to take a look and take that for perusal Very cool stuff, man. Let's get to some comments here. Actually, I want to get to My rules of investing. This is super super important. I talked about never investing which are not willing to lose Invest passively. I talked about that always keep dollars in the market at all times Always keep dollars invested in the market at all times. That's the time in the market Is the best as far as timing the market? Okay, don't want to be trying to time in and out of the market with 100 percent of your dollars All right. If you want to strategically buy the market low No problem But most people I would venture to suggest is not in the capital preservation game Rather the capital Accumulation game or the capital appreciation game Which means that you should be funding capital markets over time. Okay You want to avoid hype? Um, this is something that um billy's kept me honest with over the last couple of years and um He's proven me right proven me wrong Proven me wrong over the short term and so like I do congratulate you on that billy Avoiding hype can probably save you a lot of headache. Anyway invest in quality Those quality stocks that I ran through on my list Um american tower reed energy transfers. I told you coca-cola mondalees Which is in the portfolio johnson and johnson added in morgan stanley top of financials list Nike undervalued right here Apache I added into the energy group Comcast disney I I don't know what's going on with disney I think I know but I don't want to get political duke fis fifth third bank some of the regionals right By the stock market through ice Medtronic is one that I added a larger position in this week So very cool stuff there Invest in stocks, you know And and know why you invest in them that is super important Um, it was coined by peter lynch. It's it's prudent advice, man Sometimes there's people out there that want to just overthink investing and Very few people would I hit jeremy with this a long time ago I was like, why don't you just take all your money and just invest in and companies that are solid Home depot proctor and gamble And he responded to many. He's like, yeah, I just I just don't like those boring investments. Really boring Um, I just showed you the dividend portfolio. It's made a little bit of money incrementally if there were a few hundred thousand dollars, there would be tens of thousands of dollars of profit in there That's money that is organically earned from money invested I didn't work for that money I'll tell you that those are invested dollars. Those are appreciated capital dollars You know It's it's it's the it's it's the real disconnect that people have in thinking that they have to go to work and earn their money And I think that is a really important piece to this whole thing But man alive if you can start to generate some capital based on capital invested Have your money work for you. That is really the key in this. All right Number six saved cash I can't tell you how important it is to have a cash buffer Have some alternative investments I'm not saying have a bunch of crap lying around if you like Antiques if you like rare art if you like those things Um, one of my favorite movies. I really get into the movie the accountant with Ben Affleck It's really cool when he goes into his trailer. He's got different forms of currency He's got gold bars You know, he's got rear art that were forms of payment. It's a cool movie Really cool stuff But the stuff that he values is all alternatives and having no investments whatsoever But really important to kind of take to the bank and say, okay, you know Watch the independent investor channel. I've got $50 in my savings account Can I do better? you know that's a question that you can take for the bank and and I teach the same way at work I don't come on and I don't give you five things to memorize for everybody to memorize and take and go on and do great things I make statements to make you think about whether or not you need to put a little pressure on these different Areas of your life What is the number in your life that you would expect to have to Have some sleep easy buffer from your money that's 100 invested to financial markets And idle cash that you have available to you in the event of an emergency that that's for you to decide Ramsey who I who I don't like. I don't like His program has helped a lot of people on the debt consolidation line I will give credit for that the rest of the garbage the real estate empire and all that other stuff I'm not I'm not a fan Because I believe in individual empowerment Absolutely do I think the very financial markets right now that people are so skittish on The institutions are losing money to Dave Ramsey's losing money And and I and I think when you when you start to realize the power of financial markets You really just come to terms with the fact that Participating is the key And the nature by which you choose to participate will define your level of success In financial markets whether or not you're willing to stick and stay Whether or not you're willing to invest into volatile markets Whether or not you're willing to curb your spending habits If you think by nature you found the second coming of christ by finding a grand stefan or a day for ramsey Or a jeremy financial education And and that is somehow going to allow you to still continue to spend like an asshole You're sorely mistaken Yeah, you may get there and I wish you all the best in getting there I know I know people close to me that spend like assholes and for all I know They'll probably end up financial wealthy financially secure I'm suggesting that that type of behavior and lack of discipline lends itself to Not a conducive future For financial wealth instability It just makes sense to me If I came on and I said sure go out there and spend like a complete idiot Enjoy your money now Because you might not be here tomorrow That's a loser's mentality I've talked about playing the lottery last week But I can't come on in good faith and suggest that if you're going to make a go at this deal That you may have to Curb a little bit of spending and it just amazes me when I walk through the mall And I watch people with their bags that look like they should be They should have a sign behind them that says wide load Because they have bags That I know they're enjoying showing off to people that they've gone to jc crew and they've gone to Nike and they've gone to jd and they've gone to Jimmy jazz and they've gone to footlocker and they have all the bags And honestly they need a wide load sign behind them They're they're super proud of the amount of money that they've blown on themselves And that's all great people have Surplus capital out there, but I will Warn you about this Things aren't always what they seem See people driving the Mercedes 75 percent of people who own Mercedes-Benz lease So are are you giving improper acknowledgement to that person who drives that Mercedes? Who is in debt up to their eyeballs and you look at it as a symbol of success? My friends things aren't always what they seem They are not always what they seem And and and I again, I'm not here to judge. I wish all those people the best I I think they I hopefully they have fun In their rented vehicle lease is synonymous with rent Disagree with me if you'd like To own assets is the key and as a stock owner we can all enjoy the ownership of those markets dca The M1 finance that I shared with you guys are being dca'd every single week On a pretty aggressive schedule. So pretty exciting times to be buying on this dip I've seen this before where the funds flowed into the oil markets pretty heavily when they were just like in the dumps Man, they were super down if I showed you a chart It's just like straight down And that it's been a slow grind back up to the glory that I shared with you tonight. It's just been awesome It's been fantastic, but a dollar cost average to the markets indefinitely Since i've owned the accounts Take it Live it love it learn it. It's yours. I give it to you. It's the greatest thing ever Kick me in the face. Tell me i'm wrong Go follow somebody else And search for those ideas that I give you Elsewhere These are the types of disciplines that will help you won't help me It's not going to help Dave Ramsey It's not going to help Graham Stephan It's going to help you You See how close you can get to Dave Ramsey To help you individually with your own program and and I would challenge the idea that that's even necessary If you have a desire to do You can do This stuff is not that hard It comes right down to a desire to do and a desire to deploy some very very simple strategies That we put out there to wealth build That's the key It doesn't involve anybody else myself included I am not your middleman. I am not in between you and your money I'm a funny social media fella that comes on with a glass of wine and doesn't wear any socks I have no socks on right now. Can you believe that? I own a couple of ties. I will admit I wear them usually once a year I hate it I hate it Just not in line with me being comfortable and my friends I like to be comfortable I do I'm of the belief that the way I look also doesn't Contribute to your bottom line Take that to the bank Don't get sidetracked Um, this is something to where I say financial markets is the easiest hardest thing you can do over the course of your life And it's the easiest hardest thing you can do over the course of your life To invest in the s&p 500 start it when you're young and invest in the s&p 500 and definitely Knowing that the s&p is going to change over time and that you are steadfastly Contributing to those financial markets over the course of your life. That's investing in a nutshell No need for ramsey. No need for rye. Rye All right. I know i'm a funny guy I know i'm i'm i'm super super hilarious with my dry humor. You don't need me either okay Invest in financial markets for as long as the time will permit you to invest in financial markets and my friends If you run out of time in this life Give it to the next generation. Let them take it on If not spend it spend it all If you're one of those that believes that your children should earn it Do that too. I respect that I really do I have a hard time Believing that I would be in the shoes of appreciation that I am in now If it wasn't for the humble beginnings that I come from To sit in front of you guys now and share what it is that I share with you now about my perspective about money It was ingrained burned branded into me as a young feller and it has never left and never will leave me That's what makes me me very simple. All right Don't get emotional It's fraught with emotion here with this highly untrained for sure this week I'm just curious to know if there's going to be any word said or if we're just going to wait to learnings probably Uh, I would love to I would love to call in on this one. I really would but uh typically not a good discipline to allow emotion to Blind your investment decisions and that is something that I am very good at And the last thing is applied discipline in all areas of life This is the key Um Does investing bring me happiness? It's weird Uh, I can't tell you I look at my portfolio. I look at it. It's a number and I acknowledge and I'm looking at it on how I can construct it bigger But as far as looking at it and like feeling satisfied No, not really not like not like this It's a different sense of satisfaction Well, surely you must be happy with all your wads of money I don't know As I've evolved in my life, there's been times in my life where I've been super super happy and times where I have been Super super unhappy I can tell you now my friends at 46 and disclose to you this there are times now even now That I am super super unhappy But the happiness that I feel now at this particular juncture I would have never been capable of feeling in my 30s and 20s No way no way And I wouldn't have traded any of it for anything No way I've built up this profession. It's taken me 20 years. I've built it up. It's mine. I've built it up. Nobody will take it from me It's mine happy to have it Happy to influence others in a positive way. Hopefully that's the case. I leave that definition up to them I don't get to define my reputation. That's it. That's arrogant Hopefully people would say that they're happy to interact and and learn from me I take a lot of pride in that. Do I get that from money? Not not in the least Not in the least Does it define my discipline does it continually feed my Ability to separate from my spending on my inflow and the amount that I have invested to financial markets Yeah, I like that. I like that challenge. It's a cool rigor It's a cool deliberation it's a it's kind of a cool challenge albeit kind of tough and and and and Difficult to go through financial markets like this. I think we can all agree it it sucks I guess that's what I'm supposed to say You look at it and it's like, okay. I'm down. I sure wish it would go up so I could feel better That type of application is elementary You should feel okay all the time and you should look for those aspects of life that truly do make you happy If if if the financial piece bleeds over to the extent where it affects those things That should not be affected by your financial application Then you should dial back for sure And and I know some people do succumb to that pressure. I I know they do But that's it. That's the 10 rules of discipline if you heard me out you'd be better for it for the 43 people in here I love the number 43. That was Troy polymer lose number. We got 43 in the group here all benefiting tonight We got a couple minutes left. I'm going to try to take a look and see what we got for comments Had Jared get city support of the message for a long long time really appreciate you coming in Jared very cool He still got that large mouth bass He's going to correct me one of these days and be like it's a crappie ride the crappie you're wrong Very cool. It's cruise all the way to the bottom. See we got Got mitra date in the house. Very cool. You can print money. You can't print oil Smart comment glad to have mitra date the group man. Very cool keeps me honest awesome stuff Glad to have him as part of the group fantastic got a long comment here from music recommender I feel like I have created more risk buying safe companies than purchasing more stock and growth That was already down 30% seems very illogical not that i'm expecting markets to be logical God you bring up a phenomenal point. Holy shit. I probably could have talked for an entire live stream on this very comment Music always comes to the table with some smart stuff I really I just appreciate the heck out of you. I really do Kind of cool thing without social media. We would have zero connection You know, and I've never met any of most of you guys if not all of you But kind of a cool connection to understand your guys's perspective and sometimes you guys say certain things that Gets me thinking and I really appreciate it. Man. It's very cool stuff. I really appreciate you man but I kind of alluded to this when I talked about How bad the alibaba trade was for me? How bad the at&t trade was and I look at stocks stopped Top to bottom and it's pretty bad. Like I don't think there's a whole lot of places to hide I'd like to understand, you know, I know if i'm thinking back on some of the Good places to be in financial markets here. There would have been some spotty healthcare names Certainly oil has been the cyclical trade has been on for 2023 You know matt made a good call out on palantir Palantir was a good one. I invested it below 10 and made really good money and and sold the stock I shouldn't have But palantir was a good call one of the very very few that came out During that debacle That actually worked out for investors. That was a good call But I kind of share in your sentiment like look, I understand What I should expect in way of performance and rigor out of my dividend portfolio, for example I I I know what to expect out of my sector portfolio, which is doing quite well. I might add it's kicking ass, too It's up even in the face of these crazy markets Telecom is down Technology's up healthcare is up energy is up Um materials just went negative. I'm a little interested in that But you know, I think when markets turn around I think we're going to be in a really really good camp to enjoy some really interesting appreciation And I will take my foot off the throttle at that point when we start to get some appreciation But when I look at a company like Enduro These numbers are real. I didn't share with you guys up Year over year sequentially 45 percent One year up 45 percent Now it is what it is Okay, I'm a shill I'm only a shill if you go and blindly buy what it is that I'm shilling And I'm just going to tell you don't do that Don't do it You can don't buy anything I talk about I talked about I talked about Microsoft tonight If you don't want to buy Microsoft call me a Microsoft shill Don't buy the stock Microsoft is a phenomenal company The idea here is awareness. It's not for me to come on and I say and you do It's not about that It's about for you to think for yourself and you if you capture my message and understand That if you invest it in Microsoft for the next 20 years, I can guarantee you're going to save yourself some thumbs For sure You're going to save yourself a lot of heartache by owning a badass company one of the very very best in breed in software That's it Let's say you start to look at it with that lens and you're like man alive ryan's ryan's awesome man He comes on and he talks about those companies that are tried and true that have returned value for shareholders over many many years Yeah, he talks about that other stuff too because it's worth talking about because i'm of the belief that I think there's way too many people who operate on blind faith right i.e playing the lottery or i.e thinking that they can just spend like assholes for their entire life and expect to have this nest tag In retirement that they have not Built and fortified over the course of their life. It is only you to blame It is not me to blame. It is not the system to blame It is you to blame. It is you to blame And you're the one that has the free will enough to take charge of your own financial future And the time is yesterday to do that my friends. That's why I do this every Friday Because the urgency is there. I don't do this to just generate churn over a very very boring topic Money is boring What's not boring is avoiding regret for individuals and patrons to the channel. That's not boring It's not boring And if by nature of me trying to sow those discoveries for people I take a few missteps and lumps myself. I'm absolutely willing to do that. I certainly am Very cool very cool group tonight very cool live stream guys. I don't want to get a whole hell of a lot over The time here for the 60 minutes, but tom asked a question Are you getting amd's a buy right now smh is a buy amd? I own i'm already up 26 in the stock Uh amd's are really really really good buy right here. I own that in the dividend portfolio my friends Yep smh I don't don't But I appreciate your comment absolutely and like I said man for you guys that want to take a few moments and look at that dividend portfolio I encourage you to do so it's worth taking a look at How I've organized them, you know, if you want to take and just invest in IBM IBM was a dog for me for five years. I'm finally up in the stock sysco What a wonderful name that if you just took your portfolio and invested in sysco You'd underperform the market you'd do so year after year after year after year But it's a wonderful stock to put a few hundred bucks in in the dividend portfolio capacity, right? And that way I just own sysco a huck and I don't care what it does It can go down 20 percent next year because I know over time. It's such a solid company that over the course of time I I'm up infusing that element of time into the dividend portfolio to to render those dividends over the long term And it's just a cool way of investing man guys. I showed you the freaking deal dilly dilly dilly dilly willy Okay, I showed you the dilly willy. All right. I don't have to make that stuff up All right, it doesn't mean you have to trip over yourself and fall into the the dividend portfolio What it does is allows you to educate yourself on how I've sought exposure Along that line you say well, I'm interested in ETFs fantastic ETFs are a great way to make money I can show you those buckets as well pop into the dividend portfolio on m1 finance Excuse me the the sector portfolio. You'll see what I mean. I own all the sectors I own the sectors through vanguard. You can own the sectors and a lot of other capacities. I choose vanguard They're the ones I like They're the ones I like but the idea here is to get your start the motivate you to give you some counsel and tutelage To give you a little bit of motivation And I hope you guys get that from the live stream I really appreciate you tuning in for the totality of this live stream. This is the fastest 60 minutes on youtube I really need to start pulling out the two hour live stream But we're going to wait until we're a household name on youtube and not until then But guys have a great rest of the weekend. We'll catch you next weekend on the independent investor channel live stream Be well. We'll catch you next week