 I'd like to welcome everybody to the independent investor channel live stream. It's amazing how you can let this negative Negative market bring it down and it's it's times like these where we really have to fight I get a fight for the perspective it can allow that thought process to sink in all too often and You know this sucks this sucks every day after day, you know The market goes up one day in a week and the rest of them are down and It can be perpetual it can be kind of careful with that We're still here week over week. We're rolling out this product for the betterment of The community that's for sure find some perspective and retail investing. We're no different than the big institutions My dollars are just as important as any no doubt about it They're sure as hell just as important to me. I expect your dollars to be sacred to you All right, there's no difference All right, I'd like to bridge the gap between Retail investors and those institutional investors out there that seemingly have I don't know perhaps maybe An insight on the markets or perhaps maybe they're not losing money like we are right They've got all the answers I'll tell you none of that's true guys none of it it's pretty Pretty insightful man come in and hear perspective like mine because I'm looking to I'm looking to put Retail investors in the driver's seat. There's no doubt about it and you can do it and It it only hardens those retail investors that have a chance to define the risk tolerance During times like this makes you tougher just like anything man Look man, you want to you want to get get stronger. You want to lose some weight and go to the gym All right whip some ass. I don't know what else to tell you People will tell you all kinds of different ways They'll tell they'll sell you all kinds of different programs and bullshit that's not going to work for you When the tried and true answer to it all is to eat right and exercise All right I find it interesting all the time how people will shy away from those two things. I'll repeat them again eat healthy An exercise. It's it's not it's not difficult But certainly there are Interesting ways to maybe take a pill and lose 10 pounds in a day or a week or whatever it might be Um looking for alternative solutions and I I think for some reason Over the last I I don't know decade. Let's just call it Um, I I think laziness is crept in I think social media is a contributor to that. I do. I think it's making people lazy You know people look at going to the gym as being time away from staring at their phone all the time You know just I I mean this is where we're comfortable staring at this device all the time and I tell you what man Never hurts to keep a little bit of perspective on this gig Everybody's seemingly going to have the answers for you It's always amazing to me the number of people that crawl out of the woodworks now Always wanting to sell you something You know professing that either the market is going to have a catastrophic drop or it's going to have a An a climactic Into this bull market and oh by the way subscribe to this so I can give you the answer to the stock Investing opportunity of a lifetime and oh by the way, you can just send me a check for 5700 dollars and we'll we'll take care of you None of that's true use your instinct a little bit guys There's a lot of cool folks in this community man, eric weaver my brother from another mother he popped in and he said I I really appreciate that stuff. I think it Speaks to the the community and the network that we're trying to build here and I hold you accountable. I do If you think if you think things suck right now, no problem. Be honest with yourself, but You know, I think when we take it too far and it starts to impact your decision And you allow those impulse decisions to take hold of your application. I think that can be that can be dangerous It can I think Anytime that we lose perspective and I'm going to go over a laundry list of stuff for you guys And I may just roll it out right smack at the top of the live stream So you guys get the goods I I try to say the right thing If I just had that right amount of magic to just rub together and throw to you in a nice elegant And just change your life in a way that could give you that piece of perspective The times like this that they're not easy for me as well And good on me. I come on and I tell you hell. I don't have all the answers I don't nobody does nobody does you know people are looking at this and Things that we're all monitoring and interested in now from a geo political perspective Is is the humanitarian crisis? No doubt about it. There's there's people suffering right now that they have even made it And I I think people who Have a heart for the situation Just our hearts go out to the situation right now It's terrible. It's just it's it's it's absolutely terrible and you know put things in perspective you you look at this and I Did some self-reflection as well as some study before the live stream tonight I think this has probably been a 30 year crisis in the making All dating all the way back to the cold war I think it's been a crisis in the making and I think it's also the start of a new era here Do do I think we're going to move to a global economy? Probably not If you're paying attention right now, there are alliances being made as we speak Unfortunately, that's the way things are happening right now. People are sizing up their next chess move Who and what alliances can be strung together? For the economic vibrancy of those Those those nations that are looking to establish those relationships specifically Here in the western states united states, canada mexico, india, uk, australia as well as germany, so Some interesting Dynamics going on right now, and I think we're in the early stages of those dynamics playing out Where we end up going? I have no idea I I think there was some underestimation On the part of the insurgents. I do I I think that You know, it's um, it's it's really sad that we live in an era now Where this type of thing goes on? And I I just think it's unfortunate. There's um a lot of tragedy going on right now and You know our hearts go out to those those folks right now that are suffering I do You know and and we speak so singularly along the lines of the financial topic And I say all the time that the financial and wealth building topic in and of itself is somewhat somewhat shallow in that we're trying to make a better life for ourselves and I think if we do certain things with our life like work really hard We aspire to building wealth. We start to question You know defining a better definition of ourselves into our future We start to aspire toward That financial security down the line You know, we start to look at that and say who the hell do we think we are? You know, should should we even be pursuing things like that when there's so much So much divisiveness in the world going on and I keep coming back to the root of that question and if I sat back and I asked myself rhetorically There's a reason why I do this project and a lot of the times I can't put my thumb on it But you guys are a lot of the reason why I continue to footstomp this message because I enjoy doing it and I think you guys appreciate it. I do. I I think there's a small piece of spark in each and every one of you guys that may relate with This idea that a hardworking person like myself and there's a lot in the group here Maybe maybe some choose not to work. I don't know But for those folks that perhaps aspire to something better But hopefully we provide that level of inspiration for those folks to know that It is possible and you know, it perhaps maybe we're all going to expire someday But I think for those that are willing to be called upon with those folks that are going to go down fighting And and stepping in that direction of security. I I'm looking for superheroes. I am I'm looking for bad asses I'm looking at people that don't mind throwing a right hook at life Um, I just had one thrown at me today and um, I've I've become so hardened In in my young life already at 43 because I I can't tell you the the number of successes that I've had yes And the number of failures that I've had in setbacks and and challenges and and utter disappointments and It's really how you come out of those challenges in life that define you and make you better and I don't know. I I don't know how life would be if it was just floating around on a on a magic carpet Or floating around on a cloud And I just you just float through life and everything is is hunky dory and and then you die on said cloud and that's it I I don't know. Perhaps. Maybe it's meant to be a little bit more dynamic. Um, I I I could certainly go I could go without the geopolitical influences as as of late and Certainly I can deal with higher interest rates and I can deal with a few dollars more at the gas tank I the people are losing their ass in mind right now With regard to their you know the the the price of the pump and I was just having a discussion this week With one of my colleagues at work and I think unfortunately For people in in general and especially here in the united states we define a specific lifestyle for ourselves And we get used to and accustomed to the comfort that that lifestyle provides And we take on certain luxuries and we incorporate those into the norm And we fail to identify that norm As being full of a lot of luxuries and then during times like this It's really difficult to say hold on a second my Luxurious lifestyle is being affected and I'm I'm not here to judge I'm actually Offering a little piece of insight from myself. I I think over the last few years I I think we could honestly say that we've been extremely blessed. We really have we've We've been able to to take a few vacations. We've had a few canceled during the pandemic, but you know, just just to To acknowledge how you want that quality of life to improve There's no doubt about that But when you start to accept those things as the norm and and then you go through times like this when you realize that Those things are our blessing their gift the the ability to You know expect that goods and services are going to be readily available There's going to be people around in every business flourishing And people are suffering right now. There's no doubt. So this is kind of a triple whammy that's going on right now But I tell you what I just want to thank the gallery here. I'm going to get to the shout outs That's for sure, but that's my that's my 10 minute welcome to the live stream. No doubt about it I am going to change gears a little bit. I am going to relax man I don't think there's anything wrong with taking a few moments and and just Taking a little bit of a time out and and I would encourage each and every one of you guys to just do that Hit the damn pause button. Just hit the pause button Take a few moments take stock of what it is that I'm going to go over with my list And I I think it's going to help you Awain that perspective And I think some of you guys bob says chill Maybe he says eat some chili that would be advisable too, but Yeah, I mean to take a few moments really and just chill. You betcha Take some stock on what's happened Every week is a new week I I unfortunately think that the things that are transpiring right now again have unraveled after a few decades of of of simmer and It's some some really shocking developments going on right now geopolitically I get that and I do acknowledge it and I will not come on a social media Opportunity like this and downplay those events. They are very real And they're horrible. They are they are atrocities and let's just call it for what it is And I I think to to weather the storm hunker down be tough do everything that you can possibly do To identify where it is in your life that you can seek out those those improvements or Or maybe even digress a little bit on some of those luxuries Now's the time to do it now's the time to take stock on what is truly important in life And look to maybe hit the reset button for yourself And it's only through those times of of a calm mind And a non-emotional decision decision phase In in your deliberation That it's possible to do that very thing guys, so I want to welcome everybody to the independent investor channel live stream So good to be with you guys man. I love this project as much as I can taste it Guys, I'll be with back with you in just a moment I Kind of proving the importance of working really really hard And then taking a nice leave and hiatus man My boys down in dom rep right now give a shot out to Dexter with dmg one of my faves One of the channels that I um, I look forward to the content. It's just real I mean, it's like you you sit in front of it and you're like, hey, this is too much reality dexter I love it man man speaks from the heart and I love it. He works really hard And um, just a genuine message. I I love this guy. He's just he's he's my brother He's part of this community always will be and I just appreciate the efforts. There's no doubt about it dexter. Enjoy yourself Um, I'll cheers to you my friend salute. I appreciate you being with me man And cheers to the missus as well, man. I know you're down there on some well-deserved leave of absence from driving That's pretty awesome, man. I really appreciate it. I'm gonna throw some nuggets at you guys I'm gonna throw it at your rapid fire. All right These might seem a little cliche to you guys that don't really care. We're gonna come back to the core nucleus the center Of what it is that we do And the secrets of navigating volatility. I'm really really simple Set the plan and stick to the plan If if if you have drafted the plan yourself or if you in Way of having some coaching alongside you draft that said plan That coach has drafted that plan and if they've done it right They've drafted that plan to align with you You alone They've drafted it to meet your specific needs in how you seek out your exposure to the market Stick to the plan. Okay It's it's not about Finding that bottom in a stock. It's not about fine finding that perfect entry into pepsi. Okay It's just not about that. It's about sticking to the plan And it falls squarely in the category of making sure you identify those things that are within your control Where in volatile markets like this, it seems like there's a lot that is out of your control Okay so Having a plan and sticking to that plan is a defensive mechanism and it's one that I can give you the ace You're already a winner if you have that plan But you have to be able to buy into and have that conviction to stay steadfast on that plan. All right Continue to fund the markets Okay, there's nothing wrong that we can't buy these markets now back in november of 2021 When I identified that the markets were starting to roll off I took the sell option off of the table Okay, just don't sell just don't sell The the potential for error goes up when you're selling in markets like this I'm gonna sell and I'm gonna buy back tomorrow I'm gonna sell and I'm gonna buy something else that's going to go up I'm gonna sell now to stop the bleeding I'm gonna sell now because I'm pissed off every day and if I sell I'm gonna feel good about myself again Okay Continue to fund the markets. It's the very opposite of that philosophy And I don't mean to pick fun but I kind of do these are the The very barriers in stock market investing that retail investors Suffer from a little bit in finding that right Dynamic the right approach and the more the market goes down the more you got to kind of flip the script on this bitch a little bit Look to take a little bit strategic application Now if you're just dollar cost averaging the market, which I'll talk about no problem You're winning the game over the long term. All right, you might put that dollar cost average funding there and you Boom, you're right on it the next morning. You're like, I just lost it all that's terrible. No, it's not You're winning the battle. You're investing for the long term You're not reacting in the short term for the expense of the long term game. We'll talk about that a little bit Look for areas of pockets of savings. Okay. This is this is huge when I talked about stretching your lifestyle a little bit Let's be real that there's I I wish prosperity and security to all I do And hopefully you've been able to carve out a little piece of of prosperity And a little piece of security. There's people I talked about it at the top of the live stream Who are suffering right now and they are lack of both Okay, so if you have a little chunk of of that right there Find that again. Okay. Look at those areas where maybe you got a little bit carried away During a bull market you look at the portfolio. The stocks are going up every single day I'm awesome. I'm a phenomenal investor. I'm better than Gordon Gekko. This is fabulous I don't even need an assistant get the hell out of my way. This is awesome You know, you can do no wrong in stock market investing Because you've proven to yourself that you can be a badass investor for all of two and a half years right so It never hurts to digress I find all the time that people are really really good at building themselves up into something that I don't know. Maybe it's a self-fulfilling prophecy. I don't know. It's like, yeah We just continue to add stations to the digital To the digital bill here until we've got like 18 channels paramount plus amazon plus We've got to be and do be and zuby and gooby and who be and luby and fruby and netflix and Disney plus because I like Mandalorian and by the time you know it man You're up to 300 dollars Why because you just thought you had to have them all yellowstone was really good two years ago, right? You had to have all that stuff Take a look take a look at those insurance bills, man If you can cut back a little bit if there's areas for improvement Great if you can save a little bit more to cash great Look at those areas where maybe you can force yourself to scale back off of perhaps maybe that luxury Lifestyle that's kind of got a little bit out of control over the previous few years I'm speaking tongue-in-cheek because I'm actually speaking about myself I go through this every now and then Where I look to say you know what I don't really need this. It's a luxury. I don't need this Okay, and I'm constantly looking for that center of Quite frankly happiness. I'm a happy person. I am my my center my core It's the times when I get away from that center and core that that I lose a little track. I'm human being I'm not a robot guys. I don't expect that you guys are either. Okay Be realistic about this. Okay. We're all emotional creatures. I I get it But we all are striving toward that That end of a better lifestyle and sometimes we get a little bit ahead of our skis Sometimes it's better to digress a little bit. Okay Next to stay positive. It's just that simple I mean when we talk about and I I put this stock market sucks in the title of this video so I can pick fun at it It's not that I actually mean the stock market is is is wonderful It just all happens to be going down right now Stock market provides a wonderful opportunity over the long term now in the short term Certainly we can all agree this sucks. It's pretty pretty volatile. It feels bad Right. I don't know if you guys get the same impulse as me, but it feels bad And it feels this way every time it happens. It feels like there is no end It feels like it'll never go back up again Now in six months from now or a year from now or two years from now Whenever that is and the market turns around and does something funny. That is i.e. go up We'll reflect back on on these times. We probably won't because we'll probably forget them But while you're going through them through them, they are awful painful And you really need to tell yourself to stay positive on the deal. Stay positive overall. Okay I'm not saying look at the stock market and be like It's it's it's good No, that's not what i'm saying. It's it damn it sucks. I'm getting kicked in the nuts every single day. It's fine. It sucks but Don't allow it to consume your thought because it will okay We're very easily influenced. You got to keep that positive mindset. You really have to Learn to separate the elements within your control. This is huge. Holy moly The plan is within your control your work your profession is within your control the amount of attention that you spend on family and friends and Maybe improving upon a certain craft or how much you read how much you study Engage in a certain project or side hustle Whatever that might be identify all those things that are truly within your control and and conversely Identify those things that are truly not in your control I talk to people who are really really bad at this a lot of the times Well this and that what's the number one topic right now in three little three little letters Gas right everybody's talking about gas prices guys. I can't control gas prices Okay, they're insane right now. I totally get it. It it sucks. It's terrible. Okay However I I don't control the pipelines I don't control the decision to to to write the specific regulation to put embargoes Or tariffs on certain nations that affect the gas prices yada yada yada I I don't know if our Leaders that could be are even capable of doing that even in down times let alone up times But if time is any reflection of what could be foreseeable into the future Time is probably the best remedy in understanding those common threads The people identify as as necessity and the short term injects although painful Are typically short lived now short lived is I say that tongue-in-cheek We could be looking at something a little more prolonged here. I don't know but I can't control that now If you own that f-150 like my colleague at work Okay, bless his heart said he put a hundred dollars in the tank and it didn't even fill it today I don't know. Do you need a seventy five thousand dollar truck? I don't know a lot of people would be like you'd be my damn truck. Hello. I'm just talking about my truck, man I nobody's taking my truck, you know That's my luxury item amongst many many others Ryan I'm gonna have my truck and Like I get I get it like nobody's taking your truck But you know, I drive a six-cylinder Tacoma and I guess I'm not feeling it as bad Well, my wife she drives in a chord sport, which gets like 36 miles to the gallon I could drive that thing to kingdom come and be okay So, you know, we don't we don't feel it quite as much I guess because of the decisions we made to identify that then a car Or a truck is Is just a truck or a car It's it's it's not going to make your personality bigger It's not going to make other things bigger Well, it just as what it is, baby. I gotta keep it in perspective. All right I can't control those things. I can't control inflation rates. I can't control the geopolitical situation I cannot control the supply chain issues yada yada yada Now I refuse to allow that stuff to come in to my mind What I can control is being at the gem at 0500 every single day this week and I was savage Oh, I was physically there. No doubt about it. I just don't talk a big game Is it really a big game? See, that's the funny thing is I don't I don't really think it's a big deal I think more people should Take me up on this challenge. I do Um, I had my my boss at work today said I should take at least one day off during the week Yeah, I don't know. Is that prudent advice? Um, I don't like taking days off I like going in if my day off in the gym is to do something different Like tomorrow my day off will be doing bench press because I didn't do it all week I just do elliptical and you know some arm curls and I do the medicine ball training because I I gotta get that in before work, right Um, but tomorrow the break will could be going in there and instead of being in there for an hour and a half I'll stay in there for three hours That's that's my perspective That's really good. I highly recommend it. It's the finer things in life Woodford reserve, it's just fabulous Yes, I highly recommend it absolutely Fantastic things within my control. Yes, yes, they are Take stock of your perspective talked about this a little bit, you know Have fair expectations of the markets. I say this in up markets and people look at me and they're like, what are you talking about Ryan? You suck the markets go up all the time All I've got to do is is tune into these half a dozen youtube channels And I put them in a big mixing pot and it's pretty badass when I try to listen to them all at the same time And that's what Ryan Scribner's doing this and Graham Steffen's in and out in and out And you put them out and you try to pull it out and you get this little pill You got this little pill of youtube advice and you're like And you pop the pill and you're like, that's my secret to success I'm gonna get there. Trust me Holy moly Everybody's going down right now. I don't care about the people who seemingly have all the answers If you're gonna stay long in the market the way that you should be You're you're you're taking a little a little bit of a retraction on your money and that's all right I'm here to tell you it's all right. Okay. Um, keep it in a box Limit the downside by potentially adding more or adding different strategic buckets Adding a little bit to the cash infusion There's all kinds of stuff in your power that you can absolutely do to control. All right This is huge. This is a huge takeaway and for anybody that's ever heard my little stint on this Um, this is empowering advice. So just listen up. Please. Please. I'm I'm begging you There's 54 people in here Which was a heck of a lot more that showed up to my training this week at work Um, I put on a training this I was free of charge I I didn't I didn't charge anybody because it was within the official capacities of my job And all of zero people showed up. So I pulled jocks 15 minutes after and I was like awesome. Thanks for that. I'm out let's go but This is one thing that you really need to Identify with and this happens this uncovers people during times of volatility every time and those same people Are identified after the fact as being those people who sold and they did this They gave in to short-term impulse at the expense of long-term gain And if you heard me Nothing in the short term is worth giving into in the stock market. Nothing nothing The companies that we own I could argue up and down that the companies that I own are the exact same this year as they were last year They may incur a little bit of suffering Due to interest rates supply chain, etc Geopolitical risk cutting off some I mean the black rock is going to lose 17 billion by cutting off the financing To the to the big country, right? Mm-hmm. Yeah, those are real impacts to the bottom line. I totally get it But at the same time, am I going to react now in a company that I'm extremely bullish on long term? Now, of course not and you can kind of take that message to the bank If you feel like yourself slipping or digressing or tripping Don't trip chill Okay, chill Just like what bob says just till a little bit and don't don't give into that. Okay Stay focused on the long-term vision and you want to make sure and use these opportunities to define your tolerance Guys, I I'm not going to promise that there's going to be an end in sight As a matter of fact, let's talk. Let's tackle the um highly unlikely scenario that this persists indefinitely, okay We never come out of it. We never see the stock market go up ever again Um, we we stay true in this and we stay into a downtrend until the stock market goes to zero Okay We want to use these opportunities to define your tolerance and you say well that worst-case scenario would suck pretty bad Well, here's the thing Exposing dollars to the market and having ample perspective on those dollars over the long term Should give you the idea to know that that's highly unlikely in accordance with historical performance of the market in other words There's a pretty good chance that at some point down the line We're going to see a light up into the tunnel and it's going to feel really really good And here's why you're going to reflect back on this time and say I did it They're going to say I did it I might have had a little help from maybe the independent investor channel I've been through this many many times Many times Peter Lynch will tell you that there's been 40 downturns in the market and each and every one of those have proven to be Buying opportunities in some capacities Whether it be down off now 10 percent still close to fairly record highs, which has gotten me somewhat concerned down 20 Slipping into more of a type of a recessionary type of of an environment Maybe even more of an exacerbated sell-off at 30 or 40 percent, etc Each and every one of those have proven to be those buying opportunities That have over time provided that light at the end of the tunnel And there's nothing more fulfilling. It's like hitting a home run in stock market investing We're not playing professional baseball here guys, but there is no minor league stock market either Okay, this is the big leagues Me and you own the same apple stock as the big leagues We own the same black rock We're going to get the same 20 shares in each share of amazon that we own And i'm looking to double dip here and get 20 shares for every one share of google that i own right that's very real to the bottom line and Don't lose don't lose faith on that because when i look back on this time I'm going to be sitting on that 80 shares of amazon and i'm going to be sitting on that 60 shares of google And i'm going to be sitting on a recovered market I'm going to be sitting on an impasse for myself that of which i've went through many many times Where i reflect back on bad times and i say I did it It wasn't easy it never is it's never easy It's not but what makes it more tolerable Is the very risk tolerance that nobody is bestowed upon when they're born. It's a learned evolution You might not be the best investor out there, but you can learn that tolerance you can train Your mental application to this game. It's absolutely trainable Just like going and hitting the gym just like working on your dietary discipline Just like working on your spiritual health and well-being. It's trainable guys And it's the times like this where you're going to get two x three x Five acts the value if you do the right thing The flip side of that coin is if you do the wrong thing and you sell out to that temptation for the term Give in That that can be doubly difficult and and doubly detrimental to the negative side. So this is why it's so important This is why i'm help bent i'm coming into the message every friday to make sure that if there's that one investor out there That sits back and it's like, you know, gosh There's been half a dozen times this week where i just thought about selling everything You know, but but i listened to ryan and at least it gives me a different perspective Maybe i will sell on monday and it doesn't mean that you're a bad person It doesn't and it doesn't mean that i'm judging you one way or the other See, i don't do that on my channel the independent investor channel just denotes just that You are the champion of your program. It's that simple. Okay I just gave you some insights on how i'm the champion of mine and i expect you to be the champion of yours It's it's it's that simple it might be a lofty requirement for a lot of people But it is the right it is the right application because i don't want to be one of those youtube channels That's just dropped into the kettle and mixed around with the grand stephans and the financial educations and You know, even some of the very best youtube channels that i don't think get their proper credence I think jill carlson and you know gen x dividend investor in our tight community here I mean j mac investing going down to highly on kudos to jason for doing that that piece of content was fabulous You know, that's a give back. I mean he went down there on his own dime What what what did i contribute to that? You know I contribute my small perspective every week on the deal on a on a company that i have 100 conviction on but You know all hail to the guy for doing that man that that i was like kind of i don't know what to say um because because my gratitude and and and my my my um My respect for that is is at the highest level. It's it's what we get out of the community and a lot of you guys can Come to the realization that a lot of that information is is available to you for free It is if you're just willing to be called upon with the community and um, it's an open door policy I had a gentleman in the group last year who said last week who said I don't think I belong here And that's the last thing I want somebody to say just because I challenged them on a notion That that somehow a retirement account isn't a good thing. Well, maybe it isn't for you Maybe you can make it without one. I don't know. It's okay. There's a thousand different ways to make it in this organization There's a thousand different applications that can work Okay, and I've done nothing over the course of my investing investing You know my evolution as an investor the to prove just that That there's a number of different ways to make it There's a lot of different styles out there that can work Where you might get lucky a little bit Okay, don't apologize Where you might get unlucky a little bit you might sell Lockheed Martin at 393 and right now It's at 450 I made money I didn't know it was going to trade like a penny stock and I really didn't know we were going to uh Be subject to this geopolitical situation that we have right now. That's no doubt about it Yeah, thanks to Jason. I appreciate you doing that man. That was sick This sick content man. I was like damn. This is incredible man Incredible content man and thank you I think everybody owes you a big thank you actually that's consuming that content. There's no doubt about that Yeah, for sure Give you my perspectives on what I'm going to do Because I think You know the the list that I just gave you are some of the things that you can do and Yeah, people say preach and this and I don't like that You know if you guys were here, hell, I'd pour you a drink and have one with you I you know I I had a hard week. I woke up. I'm proud of myself I was in the gym and Jason mentioned that he's he's looking at the diet too, man I tip my hat to that that's that's killer stuff because I know I know How much that can contribute to the quality of life thing, you know what I mean? And I don't want to speak for Jason, but I'll speak for myself I it means, you know, if I can stick around a little bit longer for the family Then that's what it's about and if I can sacrifice a little bit out of you know I'd love to eat a bucket of ice cream every night and I love ice cream I just I that Ben and Jerry's that chunky monkey. It's dangerous, dude. It's it's like but It's those small sacrifices, man Remember when I talked about cutting out some of the luxury, right? Now's the time you want to start doing that because you let some of that stuff go during times of You know comfort and everybody comes in and it's like oh my goodness. Oh, this is so nice and independent man community This is so good. This is so good. We all up. We all so happy The trick is to be happy in both markets. That's the trick And if you can Mind f yourself into into that higher place Get there. It's it's a lot worth it. Trust me. It's it's all about separating from your money and Identifying that perhaps maybe the amount that you manifest over the damn paper in the picture really isn't quite worth it It's the other stuff that matters in in my opinion, right? These are some of the things and I'm just going to throw it out there And this is some of the things that they mean a lot to me on my approach to the community and and what I What I profess to represent through my application Is calm heads will prevail. I believe that in my heart of hearts If you want to be emotional about stuff and you want to get crazy about stuff I'm not saying don't be emotional I'm not saying don't have an opinion about stuff opinion is different than fact and opinion Loses its luster if the inject that helped you draft that opinion Has changed over time and therefore I think you need to change as well The calm heads will prevail Be that investor that understands your plan in and out Be that investor that understands the why you do what you do For me, it's about the family. Okay. I have one very specific goal and I'll share it with you now I don't care. I'll kick over rocks for you. I don't care financial security That's it It's not about the wad. Trust me. It's not It's about the financial security that that number could represent someday for me If I can enjoy that financial security into my retirement. Wonderful. I'll hand the wad off to my kids I don't care again. It's paper with pictures on it with the presidents It's it's cool. I guess I don't know the last time I had cash in my wallet is I don't know maybe three or four years ago I don't even know what cash looks like anymore. I don't know. I don't really care All right I'm going to continue to foot stomp for you and the community and everybody else who will listen and hopefully somebody can get the Value out of it because otherwise it's And doesn't mean shit. Okay is to identify the why you invest Why you invest? Why there's a lot of people out there, man, they invest they haven't got the slightest F and clue as to why they invest they have no idea Okay, if we can align those two things i.e. your investments And you and we can align those things and you can truly understand why it is you invest Be honest. Um, if it's to be a millionaire All right, then you need to put a plan in place to get there I'd suggest maybe getting up to your first 10,000 first For some of you guys and I don't mean to be rude. It's getting up to that first thousand And it's not rude because it's coming from me Been there I've been a place in my life where I didn't have that thousand bucks invested in the market It was hard for me to even imagine having that 10,000 I remember how scary how unachievable it was if you can resonate with that message That's key to identify the why you invest why Is it because you heard it from a friend and they think it's a good idea for you But you haven't got the slightest freaking clue as to why you're doing it Identify the why for yourself super important You need to continue to identify those investing certainties And in investing in times of volatility, you're like this sucks. I never know what anything is going to do This is true. Stop focusing on the things that you have no control over Start focusing on the things that absolutely You have control over and these are the things that I consider to be utter Certainties in investing These are the quad B's, okay Dividends it's just about as a guarantee of money as you can possibly get And you might say, well, I like gambling good for you. I like playing the lottery Good for you. You will lose Okay, there's nothing I have seen in the financial game and there are not a lot of utter Certainties Dividends is one of them. Okay. It's an utter certainty that johnson and johnson is going to continue to pay their dividend Over the next Umpteen years. I don't know based on historical 60 years six decades, etc, etc That could come to an end, but it's about as close to a guarantee as you can possibly get dollar cost averaging Is a certainty that you can control it goes back to the plan, right? If you can only do 25 dollars and you you watch the independent and you're like, I think I did my hair's on fire This is a bad ass. I've never drank bourbon. Give me one. Effy. Go get me a bourbon, right? Yeah, give it a try you might find that it's like this makes sense And it's like my dollar cost average is 100 bucks during times of volatility Maybe ryan's like, ah, this might be a time maybe to do a little dabble I don't know. Maybe a little dabble increase it a little bit, right? Dollar cost averaging keep it the same You don't have to do anything if you don't want to but if you do need to increase that a little bit You've got a little surplus capital because you've trimmed a little fat out of your luxurious lifestyle that you've accustomed for yourself I don't know. Maybe you're going to trade in that 3500 silverado and go buy yourself a Prius right Yeah No more $80,000 drugs A lot of people are like, no, that's exempt ryan and god dang it. I work hard. I deserve that All right, you deserve it The drip the dividend reinvestment plan to keep that going you're buying the shares at a lower price dividend reinvestment program Is free. It is free to all self-directed investors. I give you that free of charge Take it run with it. Love it. Live it. Learn it when I dip you dip we dip If you are with a financial planning institution, trust me, they're charging you for that said service. All right The independent investor community pays no such fees because we are independent empowered investors And we don't pay for things that is just a setting within our account last thing Diversification is the very defensive mechanism that we apply in the portfolio You can get this in a lot of different mechanisms. I like mutual funds index funds ETFs my personal favorite being exchange traded funds Next on the list would be index funds and finally mutual funds out there You can seek out diversification in a lot of different capacities But I will continue to footstomp this message for people because it is super super important for you to hear it Over and over and over and again and you're going to get so sick of hearing it Because you're just like man that this this ryan guy he really believes what he's talking about He could be full of shit, but he really believes what he's talking about and I understand what he talks about Because it's so addicting to show up to this friday community because it's everybody's in such a good mood That I actually want to start sharing this with people that I know. I don't know I've got a sister that's a complete disaster and I'm going to bring them along on this journey of empowered Self-directed investing and wealth building brick by brick. It's a beautiful thing, right? Diversification it can be sought out. It's something you can control and it's something that I footstomp every single week I Will continue to fight for the cause. I will these are the times that financial planners will drill down Okay, they will dig their heels in on you and they are cooked. They are trained To have you believe that everything is okay that somehow you just need to stay the course and here's the thing Individual independent investors. We don't answer to anybody except ourselves Okay, we understand our plan so much that we know that the market's going to roll off x number of percent Okay, there's nothing we can do about that What we can do something about is the very nature of putting ourselves on a self-directed path that saves us that 3% per year 3% walk around with your head a little bit higher because you know something that the average bear doesn't know If you found it here great if you found it as an individual on your own great I give you I give you all the best of luck to you because you have stepped into a realm of empowerment That is absolutely powerful and it becomes more powerful the more decades that you stack on top of each other It's just that simple. All right. It's just that simple. So fight for the cause I'm advocating for you guys if you don't think that I'm passionate about this live stream or this project that I do Do Take a look see Any doubt I didn't think so. I continue on Advocate for the holistic application. It's not just about investing Okay, funny things I pick up when Jason talks about maybe going on a little keto application a little bit of intermittent fasting That's stuff super good for you, man. Try it some things will work for you some things won't but it's not all about investing It's not all about social media all all the time either There's a good chunk of social media that social media that that I downright just despise It's it's horrendous. This is the portion that I love the best But I will wrap it down here in 11 minutes. Why because I give peace of myself every single time I come on this live stream and and rip through the goods for you guys Yeah, I give it away Okay, it's super super important to look at the holistic application. This is only a small part of my life I keep it as defined and in as a box as I can because it's somewhat consuming Finances can get you down if you all allow it. You've got to be mentally tough You got to fight through it. You got to identify those offsets those things Why do you think I go to the gym so often? You know, why do you think I do those things? Why do you think I'm looking to shave a few pounds? I'm looking to be healthier. I am okay And I'm constantly looking at those avenues to try to make sure I'm up to speed on all that stuff Now's the time to do it. It'll take your mind off of the volatility in the stock market I don't know. Maybe get yourself into the dentist once in a while. You know what I'm saying It'll take your mind off of it. Trust me Yeah One of these days you're gonna be you're gonna leave the dental chair and you're gonna check your phone and you're gonna be like I think right on man. We're up $700 Or we're up 700 points on the Dow. That'll be fabulous. All right I will continue to represent the community I will this isn't a I say and you do Type of relationship if you think that it is your expectations of me are too high. I'm sorry. I will disappoint you I'm sorry And I'm also sorry if this is too much for you if putting you in the driver's seat Is something that you're not prepared for or you expect me to jump over and drive for you I will not do that for you. I will not this is an adult community There's a few kids that make their way in here. I did have my first Chesapeake pizza tonight So if if ariana is in the group that is the best pizza I've ever had in my entire life It's absolutely fabulous to shout out to her. I told her I do it last week and I'm a man of my word I did that the last thing that I will do is I will continue to demonstrate passion For this project. There's no doubt about it. Why do I do that? It's because I understand the opportunity better than you do Yeah, I understand what this could potentially mean for you and your family more than you do Yep Yeah So where people get will get caught up in the short term, you know, I'm saying they'll get caught up in the short term and Everything that is so consuming that's outside their control will start to consume them right and I understand that that light at the end of the tunnel will be there inevitably okay And I'm willing to walk the path inevitably And you have to be willing to walk that path inevitably right knowing full well trusting Something that is not within your control right Remember I talked about the application in stock market investing We want to love with passion. We want to do everything We want to parent with passion. We want to go into the gym You want to go into the gym and rip the shit out of a punching bag? Go ahead and do it man You've got my full green light the stock market's not like that. It's not But the reason why I demonstrate such a passion for this and such an affinity for it Is I think a lot of people pursue wealth building in an institution that has been built up over the decades To benefit the institutions and not the individuals This is why I came out with the independent investor This is why I look to empower one investor at a time In understanding that if you're going to trip and fall in your face Do it on your own accord Don't do it because you've fallen victim to a swim lane that somebody has told you to go to And it feels really good because they've got a really nice They've got a nice office in a strip mall and they've got that fake Plant in the corner with that oak desk and the the financial plan are sitting on the other side of that desk And they're sitting there and they're they're really polished with their application, right? I'm telling you man That's about as close to evil as you can possibly get and I don't mean to offend to the entire profession But I tell you what man There's this plant failure from the beginning That pretty pamphlet that you provide customers It's not going to give them a strategic edge The the truth of the matter is being an empowered Self-directed investor gives you that very edge that I speak about that 3% Is 60% of your wealth over four decades of investing. It's just that simple. I give it to you upfront It's that simple, right? And that's it. That's the list That's what i'm talking about We can't use the word advice So let's call it tutelage Yeah, I don't care it starts don't don't do because I say do because I've started a spark Yeah, make this yours Cut me completely out of the game Now cut me completely out Don't you can you can say that there's been some inspiration and some motivation, etc, etc But my true Measure of success on this channel is those people that come back to me and they're like I get I got it I applied and I conquered I am one of those superheroes that you're looking to identify And I thought for a long long time. I was just one to be called upon with the masses Yep You never really know until you look It's in there man. You just got to look that's simple man This just makes me laugh man We'll see how things unfold. I don't know man I I'm apolitical on this program. I do not give insights on on what I what I do I'm a lover of all people I I I don't like discrimination I don't like lack of opportunity I don't like lack of personal empowerment And the idea that somehow People can't do it if they really really want it But we'll see we'll see how things transpire over time man. Good will overcome That I can I can promise you good will overcome. That's simple Yep for the win. I was in my element tonight. You guys got a treat tonight. I'm happy with this live stream and no doubt about that man No doubt about it. Mm-hmm. Yeah, this is good. I'm thankful. I'm thankful for this one I'm a cruise and get to some comments man. I didn't get to do the portfolio review tonight I I do I do apologize for that international suffering And I tell you that nothing's nothing's really immune to the selling right now. That's for sure. It's it's been rough Um and Jeremiah Walters is in the house man. Great to see you my friend Thanks for stopping by. I hope you enjoyed the message. I hope it wasn't a complete and utter waste of your time No doubt about that man. Um drive mix game is still with us. I cannot believe it Dexter go have a rum punch. Please Have one for me. He says I'm not wealthy but I learned a lot about future Uh financial planning. It's all a mindset my brother. It is And I and I think for a lot of people like for you what I see in you honesty hard work I think you've got a caring compassion to to share your insights with others. I think that's rare I think you're extremely well spoken on your channel. I think your sincerity is right on your sleeve Um, these are some of the things that I see when I witness your channel You obviously don't mind referring Your your particular profession to others who are looking to take on and and are looking for work Huh, that those are the that's the type of stuff that kind of gets my attention Um, I like the fact that seemingly you got a pretty free will about you. No doubt about it Should I kick over the grand canyon or should I kick over down to the dom wrap? You know i'm saying That's the type of free will that I like man. I I hope to aspire to that I'm not I don't have that luxury right now. I'm kind of owned a little bit by the man And rightfully so I love it. I'm good. I'm real happy right in the pocket where I'm at. I'm good I'm right engaged and that I'm engaged in the battle and that's exactly where I shouldn't want to be Um, and and I think this country benefits from having me right in the pocket. No doubt about it You know soldier up, baby. That's great to see a drive mix game and dexter's in the house Thanks for everything you do man. It's it's legit and I love it. It's great Um, what's your favorite etf? No, that's that's uh It's an interesting one, you know the total stock market is probably my favorite bti I think bti has a chance to outperform the vanguard's smp 500, which is vo Because it does have that small cap component with it It is a jl collins favorite You know the voo is a fabulous low cost Uh entry to the to the smp 500 housed in a self-directed raw by array account You're talking a very powerful combination there. They're very powerful And and I've bridged a lot of knowledge there to to kind of Provide those areas of of looksy. You can go ivv. You can go sp y You know sp y gives you the same exposure Give or take a few basis points of expense I think but you know, we're starting to split hairs when we talk about how state street Packages up their package, you know and sells it to you as opposed to vanguard or any of the other major brokerage houses But uh, yeah, I know I mean my favorite Is vti I have to agree with jl collins here. I I think the the total domestic stock market With a regulatory hook. Um, this is just where myself and strongman personal finance who's also a friend of the channel I like what he's doing on the project Um, he he talks about vt a lot, which is the the total but it's a globally weighted And it's got 10 000 holdings in it and I I'm not really sure if I really want that much global waiting It's just it's not a place. I want to be it's not wrong or right It's just it's just not what I want And I think vti is probably a place where a lot more people can win Getting that nine eight nine percent appreciation. Do the compounding calculator, man. It can make millionaires No doubt about it. Now that I can say That's a powerful light at the end of the tunnel. So vti is my final answer there. It's awesome question. Thank you Very cool stuff Whatever's working for you. Jamal's a great thing for sure. You guys are wrapping with each other I'm gonna go a few minutes over. I've been doing that traditionally over the last couple Live streams. It's very very important. I want to make sure that our minutes are going Toward progress. I have great advice. Appreciate that my friend very cool Half my rebalance cell were long-term gains. So made more doing your cells than dividends last year fantastic. Thank job, man Stuff gonna drive my old tundra till the tesla is ready to give me a truck You're gonna pay just as much to plug in that tesla than you are with the high diesel prices and high gas prices Okay, don't fool yourself. Okay Not a big fan of tesla. I do apologize. I'm probably pissing some people off But I'm not a big fan of tesla. I think there's been a lot of promises made that are not followed through with them Conversely, I'm investing in a company right now that's having a trouble holding the four dollar mark That that is is above board in what they do. I truly believe that and until I'm given reason to believe otherwise We'll continue to hold true on that conviction. We're good to go By my course No, I I like the guy just don't you know, there's a game to be played now There's a lot of money to be made on the social media the same landscape that I despise Um, I make a little bit. I don't apologize for that Um, it's nice to have that you get a better product for me and understanding maybe that that little bit of money compensation helps to compensate A lot of the costs to keep this project going. Mm-hmm. Give me a little bit and it's worth it I could I could do I could do talks in front of people You guys get to hear me every friday free of charge. It's great. Um, I don't expect super chats and all that bullshit I don't want you to waste your money. I I think I've taught you guys. Well, take that money and invest it for yourself It's all good. That's the very payment that you can provide me For those patrons that want to take it to the next level, then kick over to www.independentinvestorgroup.com Links on the youtube site man. That's that's where we throw down That's the home of the viper group and you can get in and you can converse with me every day man. I That that's our small family of 45 members of empowered investors and We all love this gig and we're all uh growing wealth together Um, it's just that simple. Mm-hmm. Who wants to be a millionaire loves that show It was okay Well, 91 now no regrets. That's awesome, man That's really cool. Man. I'm honored to have you in here Um, you you my friend have have sought out a level of wealth that We could only aspire to And um, I thank you very much for your time and in making your way on here Very cool. Thank you so much man very cool always And j. Mac and drab mix game a couple of fantastic man They've been just a lot of conviction man has been solidified through these these two individuals There's no doubt about it. All right Ryan and jean, let's give you a shout out in the interview tomorrow. Yeah. No, I figured as much man I I thought uh round one was fabulous. I thought the questions were fabulous. I thought the answers were great Um, that winter validation one. Holy smokes. That was a good one. Uh, that was a good one We just need to get this sucker up to something a little a little bit more respectful A little bit more respectable. I think, uh, you know, I've seen this in the market many times Stocks will get the favor highlands out of favor. Uh, yeah, we can all agree with that. It's out of favor Those that cover the company are like What the hell? You know what gives there's more here to be To be garnered by just looking at a stock price and that and that's the beauty of markets And um, I'm I'm looking forward to that man. That's really cool and Like I said, man, you know, I go through those phases where I'm I'm I'm down right angry at what I saw I I thought they went silence on the line ladder of last year and I was pissed off I still am and I think I had rationale to be that Um, I'm over it I don't I don't hold on to that shit. You know what I'm saying? I just it's it's water into the bridge It's business, baby. I commented at the time and I caught shit for it and it's no problem I felt like I was right on the money and I still feel like I was right on the money With everything that they've got going on. Was it justified? I don't know probably you know, was it um, was it Defensible probably not which is where my criticism lies Right, but uh, just appreciate all the work this take a little take a little break jay You've earned it. No doubt about it. It's great to see my brother and thanks again It's the main the cruise up here is doing a quick quick shot outs man for the gents That's great. Those interviews were epic. They sure were Um, I just completed an interview right before coming live stream Uh with uh, all the star still he's the gold mining CEO Um, these opportunities would have never been provided. I'm the right guy to do it I put down a good interview So kind of keep your ears to the grindstone guys. I would invite you to come and just check that out If it's too much for you to watch the whole interview. It was fascinating CEO of the company Just absolutely fabulous and we've got some other projects coming down the pipe That you guys are going to want to stay tuned with man. I I've defined this for myself In a little bit of a selfish way to kind of carve out this piece on the back end of this independent investor channel And I give the rest of the 98 percent back to you guys and that's just the way it's going to be It is remember I put the onus on you guys anyway. All right. You don't owe me squat If you do want to pay back the channel, there are avenues to do absolutely that support me on those few projects Join the viper group if that's what you want to do if you don't no problem. No love lost man I still love you. You're still welcome To every one of my products that I have that that are available On on social media. It's just that simple. All right drive makes games facebook done It's not done at all. Good to go. It is time to buy. Yeah, so it's a simple question Dexter thanks for asking. I appreciate it's got to fit in the portfolio That's for sure and i'm taking a deliberately slow approach to this market. I'm not getting too crazy here There's no doubt about it. There's no reason to rush into this market Okay, so let's see rebecca here quest of fires in the house Very cool. People get mad when they try to follow his strategy and lose um Yeah, I cash. I don't know. You know, there's such a such an obvious remedy for me This just makes me scratch my head. Oh, which is what i'm doing now Right. It's just I don't know people. Um People are so influenceable. I guess the younger that they are maybe I was even culpable of and and In this camp when I was younger And I think it's unfortunate. I think we try to get to as many investors as we can I think if you just sit back for a second and just scrutinize Up and down left right and around what i'm putting down It's the right way and and I hate I hate to just sound arrogant or or pompous or forward in that But that's just too bad. That's just too bad. I've done way too much research and way too much validation And and I have way too much experience to think otherwise And until i'm proven otherwise I'll continue to share that with anybody who's who's willing to Build that wealth brick by brick. Just that simple. Um, I don't know if he's talking about somebody else Sure as hell. I'm not talking about me It's great to see a kyle my brother will be in touch. All right on the project It's coming right around the corner that light at the end of the tunnel with regard to multiple projects Is uh is rolling It's never as bad as you think that it is guys. It's just that simple Stay strong. I hope you guys uh heated the word. I think we're gonna wrap it up here. I deliver the goods I'm mentally drained right now. I'm gonna take it easy. It's been an awful long week for me Um, it almost seems like we stumble into these after Another week down, you know And I even I have to get better at that application man. Gotta keep that perspective Stay strong stay in the pocket Keep keep on Defining that those other areas of focus for yourself to try to strike that balance in life and take on that holistic approach That I talk about it's super important. You guys all have blessings in your life It's up to you to identify them and allow that to be that that that counterweight Um when volatility kicks up in in markets and um live to fight another day and uh keep our eyes Pointed toward the horizon Always looking for that light at the end of the tunnel here guys when we come out of this Volatile time and we'll reflect back on this as we always do Um as an empowered investor that uh is looking for a long-term Application thank you so much guys. Have a great weekend and thank you so much for tuning into the independent investor channel live stream The fastest 60 minutes on youtube