 Got take this opportunity and welcome everybody to the independent investor channel Livestream 9 o'clock Eastern Standard Time. It is the fastest 60 minutes on YouTube. No doubt about it I am humbled and I'm excited for you guys to give me the opportunity to come on and talk about my absolute favorite topic Which is personal finance wealth building Maybe throw in a little bit of spending discipline for crying out loud guys. We could all use a little bit of that absolutely But this is the flagship product that we've rolled out for years now one of the original YouTube live streamers on and I think we do a pretty good job of Providing people a very very deep message in understanding that it's not necessarily all about the personal finance niche But what it means what it means to be truly successful in this life Maybe take a touch of motivation away from this so it can all make sense Right. What the hell are we looking to achieve in this life? If we don't appreciate a damn thing that we're after Right. We only get one shot at this deal. We do so it really helps to come together and and As a community and talk about some of the cool things that's going on right now in the thread I want to take a moment and welcome Mokey finance as well. It's great to see you my friend I just awarded administrative status to Mokey. I just love his message and Lot of good channel creators in here. I saw my brother. My brother just popped in here Matt money Okay, I never thought I'd have a brother named Matt money But I do Matt's in the group here as well as Rebecca a lot of really good channel content creators want to Kick over help those guys support their message because listen at the end of the day I'll probably give you the best advice for your mental health and and well-being Shut YouTube off for a while go do something else. All right But while we do have the ability to come together for 60 fast minutes It's always super important to acknowledge those folks that are taking it to the next level Looking to share their projects As ambassadors of the message no doubt about it. Okay the independent investor channel was not built Five years ago so people could come on and follow like a bunch of sheep as a matter of fact It's the opposite of that. It's that you can take away some of those nuggets that are going to make sense for you So you can kind of carry your own flag forward You really should be a self-regulating entity on your own right if you're doing this thing correctly You should do things way better than I do it You should do things that make sense to you that I don't do because they don't make sense to me, right? And that's the key is understanding that everybody does have an individual application Everybody's got individual qualities and traits I saw Australia Represented already in the line here. So not only do we branch out from what we perceive to be some of our norms here in the United States of America where we're domiciled and where The bulk of the perspective comes from But we absolutely want to foot stomp and welcome our International audience that tunes into the independent investor opportunity because you know everybody in every pocket of the world is seeking out their own Answers to the question of why why we're doing this thing, right? How can we extract more value? Is the juice worth to squeeze in a lot of cases, right? Where is it that I should be putting my attention and so we're gonna take this lesson a little bit deep tonight I do have somewhat of an agenda tonight to follow as well. I did drop an invitation in there I will be probably taking an invite if there's one to be had there for the last 15 10 15 minutes of the livestream But as usual I'm gonna take the reins tonight and deliver an impassioned Message to you guys on what it is that I feel like you can do yourself a favor on in Pursuing this wealth building opportunity what it means to me and more importantly What it could specifically mean to you in the in this journey of making this thing makes sense So I'd like to welcome everybody. Let's get right into it guys I Be able to identify for yourself what it is that you're most proud of in in yourself, right? Some of those things that you really really value because I I think a lot of people right when they're tripping over themselves to fall over Into the store to get that Black Friday deal. That's probably not that good of a deal. Anyway, just watched a pretty good documentary I recommended it's a one-part series on minimalism and I was watching this and I was like, you know what man I'm a lot of what they're talking about You might say well that that's a bunch of crap right and you come on and you teach people how to get rich on YouTube If you follow some of the fundamentals that I teach on YouTube You may end up Falling into some riches or realizing some riches where if you didn't have the empowering message You you may not be as as apt to seek those Those riches out With with that said I Think people really need to understand my perspective on on wealth and what it means to Appreciate what it is that you have in this life There's a few things that I noted here on and I really had to sit back and put some thought into not only what I feel like you shouldn't do Or or things that really hold people back In in what I see and I don't mean this to be judgmental because one of my things on here is is to not Hold yourself to a perfect standard Because I'm here to tell you and and again, I don't mean if you're out there and you think you're perfect that that's lovely I'm here to tell you you're not and I think when people are Trying to pursue perfection as one of those attributes. I think you could really get into trouble Some of the things that I tried to quantify and I tried to codify him and just one word if I could capture what I see is some of the problems here in the United States and This really was the motivation for this week's live stream is the series on minimalism or the show that I watched About these two gentlemen who go around and they talk about their experiences in corporate America Some of them set up very very nicely for wealth and riches, etc. The American dream, right? And one individual got the promotion of a lifetime and ended up walking away from that opportunity the very day that he got promoted And we ask ourselves. Why is that? Why is it here recently household spending has gone up to about $40,000 per household per year How is that possible? Is it the very simple math that because we bring in 50 60 80 thousand dollars the year that we can justify? spending that $40,000 is Does the the means justify the end in other words is the happiness that's being sought by making those Purchases in the household being rendered and the statistics show Alarmingly that it's the exact opposite of that it seems that if the most the more spending that we do the unhappier we are and Unfortunately, I'd like to think that we're feeding into some of that unhappiness through social media Because I think that this is for the most part is not all positive. I don't I think most people need to disconnect as a matter of Fact when I'm away from this 60 minutes And I have a very very robust social media presence But I tell you what I spend them a majority of my time chasing my wife around Or hanging out with my kids, right? I'm away from this because I have a pretty good perspective on how to separate Certain levels of opportunity just like I have the ability to separate Myself and especially my mental application from my money Okay, and that's a page out of my playbook. You can take it for what you will There's gonna be a lot of people come in and they're gonna display their negativity And they're gonna hit the thumbs down and they're gonna completely disagree with me. That's totally fine Everybody's entitled to their opinion, but but but here's the thing I find all the time that people really are consumed by and look to be defined by their their money and The more you can separate from that I think the better off you'll be and the more perspective you can have on on on what that wealth whatever it is Okay, wealth is relative in this life. It really is I've known a lot of people that Seemingly are the happiest people ever my parents a perfect example, right? They're not wealthy They're not rich, but they're rich in a lot of different ways because they have perspective they find value in gardening They find value in having a home They find value in stability. They find value in family, right? So certain things like that health and well-being right spiritual health things like that that we need to be Focused on and I just you know the question the golden question is how much time do we really need to spend? focused on our personal wealth building application I put through a podcast this week for the first time in a while it was on the three Ps and It's super important for you guys to understand the perspective there on The plan the strategy and the product. I made it really really easy It's a very good podcast if you guys aren't linked into my Anchor through Spotify you can link over to it on the independent investor homepage Through YouTube, I encourage you to do that. I think a lot of people Really do gravitate toward my podcast message. I'm Taylor made for it It's not really that lucrative of a project, but I just enjoy the hell out of it So I roll those out and I enjoy them But the first don't that I want to bring to your guys's attention And I'm gonna roll through through these rapid fire and I think you're gonna really appreciate The even deeper thought that I had to put into the do to counteract the don't all right But the first is materialism. I think materialism is one of those things that It's like the disease in our society man. It's never enough We always want more and I think people fail to recognize that. Yeah, you get a few seconds of euphoria It's the dopamine hit in your mind when you buy certain elements of product or clothing or whatever it may be But I think that really fades away And I think the reality sets in that you have to continually feed That need to always strive toward accumulating stuff And and always try to supplement Your happiness with accumulating Stuff the problem is we're constantly going up and down right you get that euphoria for a few minutes a few seconds Whatever it may be and then boom you're you're back down Desiring the next thing out there And I thought the thing that you could probably do to to really help you deal with materialism I joke with a group all the time and I say stop buying crap all the time I'm not your friend. I'm not your dad. All right. I'm just your friend through youtube And I'm not here to judge man. You want to go spend your money? I've had a lot of friends man that are like, you know what you only live once Go spend it the hell with you ryan You suck and I'm like, well, I don't suck and neither do you but hey to each his own. It's all good Go spend that bitch. I don't care But the do that can really help you separate from the need to always accumulate from a materialistic perspective is to seek out spirituality All right Spirituality don't just go on a hike and stare at the trail go on a hike and Really take it in right allow yourself that that that opportunity to really separate The world as we know it right the car the commute the concrete the buildings right for me It's like groundhog day. You throw a commuter train in there. It's the same damn thing every single day I make my coffee the same way every single day. I put the same set of clothing on so for me I've really got to be mentally tough, but The spiritual piece can really help a lot of people out there Understand what I mean when I say stop buying so much crap and now all of this lends into Your investing program what it is that you're looking to do But I always contend that if you don't have the the health upstairs To accept wealth Then I would rather not teach you how to build wealth because I can teach you how to build wealth It's just the unfortunate piece that I know that will build some capacity of wealth And we'll end up dissolving it away because You weren't mentally Prepared to accept that wealth number two I've already mentioned I think people are too hard on themselves. I I think the expectation of perfection and again I'm not going to get into the deep psychology of having social media right there in front of your face with people who seemingly have no blemishes They don't sleep they float around on a cloud and they're absolutely incredible They have wings out their back. It's like the expectation is perfection And I I think if people really took a hard look and and and accepted themselves for who they are All the flaws and I think that is the do is the acceptance piece and to Really accept the the goods and the bads And I think some people they have unfair expectations of themselves Being you know perfect all the time and when they can't achieve that sometimes You know some of those negative things which is another don'ts that I've got on the list Start to set in and it starts to become a little bit self deprecating in that we spend the majority of our time Seeking perfection never achieving anything In way of productivity and therefore we kind of get stuck in a rut a little bit Number three is complacency. This is a this is a tough one And I said that the solution would be to always remain in motion. Okay There've been a thousand opportunities for me to justify in my mind Walking away from the independent investor channel. Okay, if if by popular Metrics, okay You could judge my channel and say hey, you know, you've got x number of subscribers. That's the end all be all You should be here and you're down here somewhere You're working way way too hard for very little money and and honestly for any youtuber out there You know, I just saw my good friend my brother j mac investing actually popped into the group here He couldn't test to this man You work pretty hard on the onset to not make a lot of money And I think a lot of youtubers they start with the expectation that I think they're going to just make a ton of Money and some do some do the power of social media is very very powerful But I always tell people man have some intent behind the message before you you get started In other words, you're going to be excited to start this project, but Man alive It's very very easy to allow complacency to set in a little bit because again if you don't Experience that immediate success All right, it can be very very easy to second guess yourself and say man Is this am I doing what I'm doing? Are we reaching people? Okay And the second thing to help with that complacency piece is you're going to set things in motion that don't work But when they do work you want to keep that momentum going, okay? And this doesn't just apply to youtube it applies to you and it applies in everything that you're doing Okay, like I dabbled in coaching last spring for the first time. I was an assistant coach They asked me to step up into the head coaching position, right? Sure now I'm moving up where I'm expected to be that head coach and and really solidify solidify my program And the meaning for the kids. That's kind of what I mean. I got a little momentum there And I want to keep that momentum going now. I I love coaching my kid It's one of those things that I love doing on the side. It's fantastic And you guys should see some of my Vince Lombardi speeches These kids are ten mind you and they're looking up at me like what's this guy talking about? I'm like, yeah, just just do it file. You know, I'm intense. But hey, listen, they'll be good for it No, remember me the rest of their life number four selfishness, all right Um, it's it's okay to do some things for some personal reasons But don't make that the holistic element of your application. Okay, really I You know, everybody has the desire to get ahead a little bit at least I hope that for the group At least I think that's somewhat of an element of what people feel like they get when they come on the independent investor channel And many other channels is they're looking for that one little sense of hey, man I can take that nugget and I can put it to work for myself But I think where it starts to become selfish is when you don't want to give back at all And and you think that you know your your Method to success is the only way and it's like you've got to give me give me give me And the second that you cross me, right? It's not going to work. Okay um, the the solution there I think in In falling into somewhat of a selfish path I think is to seek out companionship And I think it's one of those things that I touch on all the time whether it be In your friend network, which I think we've got a pretty good community here But certainly family and then as well as the the pinnacle Which is the are those intimate relationships, right the the immediate family, right the the the person that you can confide in And I mean, there's only one of those for me Right and if I could wish or impart something to you guys Um, it's that and to spend whatever time you need to devote to that This is the most difficult thing for me to Sit across and say hey you need to do this But I don't have a lot of renderings as far as where you're going to uncover that perfect thing That right rock that you're going to kick over Mine just so happened to be a very very magical night in hollywood california And the rest is history my wife and I we talk about it all the time, right? It was one of those things that were meant to freaking be and it happened and I would wish that upon anybody Number five keeping up with the jones's man the jealousy piece is Absolutely incredible to me. I I find it ironic how we don't say hey great job anymore I try to do that all the time. I try to invite people to come in and they say hey I'm at that 10 000 threshold ryan. What do you think and I'm like that's that's amazing great job But I find it ironic and I see this even um I even with people that are somewhat close to me and I will go out of my way to say hey, that's great. Good job Good job. I love doing that and I don't I don't really think that there's anything wrong with that But I find it interesting how we can't enjoy success in others and The irony in the whole thing is what we typically perceive especially when we're looking to keep up with the jones's Is it's not always as good as you perceive it to be in others? What I mean by that is you're conveniently seeing that corvette in the driveway What you're not seeing is the car payment and the insurance that's being rendered You're not seeing how tough it is to drive those things down the road and not get pissed off When a rock comes and takes a chip out of the paint right because you know There's another thousand dollar bill to get that thing fixed We always want to just buy into and be jealous of this image And I think sometimes the disconnect between what we perceive and others and what is actually going on Is the real disconnect and and I think the solution to that Is contentness to to actually be content with with what it is that you have Um as little as you can recognize in yourself and just be content with that You're you're okay. All right The title of this video is if you want success distance yourself from From these types of things the real secret to the whole equation Is that you guys all if you sat back And you looked at your spouse who may be watching this or maybe just won't watch it with you Or maybe look at your kids out playing in the pool Right or your granddaughter or your grandson or your kids and just sit back for a second and say And man, I'm all right Ryan's right and I am I'm right I think a lot of people just don't understand that it's all good, baby It's all good It's it's okay, but sometimes we really have to sit back and say You know what man? It is all good I've allowed myself to kind of get this snowball to overtake me a little bit in life And I think I need to sit back sometimes and maybe hear somebody like myself say You know what you're all right. You're all right And the last thing is the negativity piece The the the don't is is to be negative and I I find this interesting I do this sometimes too because I'm critical of myself The difference between me and a lot of people are is the fact that I can be critical without being negative and Anytime I hear negativity I try to block it out the only time I allow negativity to come into my mind And I put it in there. I put it in there is when I'm hitting the bag I think about all the things for the week that You know something at work that got me charged right a phone conversation Maybe didn't go as well as I would have hoped maybe a charge or you know an interaction with a colleague That's like man. That was kind of weird, you know Those are the times I allow those to come in and it's amazing as I'm hitting the bag And I'm trying to force feed that in it becomes more difficult to introduce that negative thought As I'm continuing the workout and when I'm finished punching the bag. It's gone It's gone and I'm back to reset again where I'm always hungry and looking for that positivity Okay, super super important. All right, there's gonna be good and there's gonna be bad I'm not sitting here telling you to live in a freaking euphoria all the time to live in some You know utopia. Oh my goodness, right? You know, I Ryan doesn't know how bad I have it I don't know guys, you know, I I've um, I've been through some interesting times in my life And good on me for actually staying positive through those times and when I was 50 50 negative Verging on the edge of depression. I mean, there's photos of me just staring out at the ocean up in alaska Just like what am I doing? What am I doing making no money? I'm stuck. This is like jail, right? But in in Reflection of what I did For those seven years out working on the fishing boats 15 to be specific What I learned is how to separate my thoughts Okay, and how to really control my thoughts that that's the key And if I can impart to you guys that would be what I would wish upon you guys absolutely I got a few attributes for myself my five I'm going to save them for the end of the live stream and if you two key elements take a ways for you guys Really some kind of homework if you like the message that we've got tonight Because I really want to prepare everybody because I think the stock market has indicated by At least the last I mean I'm I took a $15,000 bill just this week Stock market with a well-laid plan Is very very rewarding. I've said this for five years, okay But I've also said and for those of you who have been with me for a long long time Investing is a shallow topic. It's kind of shallow. In other words, I don't get on here and blah blah like invest It'll make you happy. That's a bunch of bullshit. It is it's the biggest But I'm like if that's what you're tuning into youtube to get you honestly need to shut it off You really do you need to shut it off and you need to try to find Whatever it is that you're looking for somewhere else because you're not going to find that Okay, investing is just not that I've been doing this a long long time wealth building Whatever your number is do you honestly think that the size of your number is going to be the degree of happiness that you have inside? Of course not of course not Right, so we want to strive for increasing our number Yes, but take it in stride. Okay, take it with a little bit of humility as well. You know, I mean Some of the investments that I have right now are shaping up to be incredible I'm 12 to my goal with my highly unholding. What happens if it reaches a hundred percent to my goal? I'm a millionaire. Okay Now, what do you want me to do? Do you want me to come on here and dress up like a clown and start yelling and screaming and telling the whole world That I'm the most badass investor in the world because because what because I invested in a stock that went up Which it will Like there will be no surprise for me. Okay But take it with some humility because the more we can break down barriers To success in stock market investing the better off will be and the more we'll take those successes in stride In that we expected them to happen and that we are not surprised when they do happen Okay, very very important. Let's jump in take a look at some portfolio guys. This is how it shook out for the week Very very big. I did not I just see right here. I didn't update the value. This is actually 106 on this 92 In this portfolio here We took profits in facebook again, and I rolled it back into the Roth So swung trade the hell out of that. I'm just absolutely channeling facebook right now And I'm in a zone. I'm raking in some good money down in amazon right now Wish I'll recover. That's fine. And then lind is the newest in the materials there VTI man. I'm up a $250 bill already. I've owned it for five days Just what an incredible and so from the perspective of a new investor You guys need to sit back and understand why I do this I do this from just this is the p the last p In in the cycle here when we're looking at products that could be available to you All right, and the Roth here. This is my wife's just went over 127 So really cool. It's nice to see so fi convert over And then the so fi warrants Obviously, I did not learn the first time That might be the last time I invest in warrants. I don't know somebody can disagree with me and tell me I'm wrong But it's just been a really poor Poor experience for me and I I don't know if it's partial criminal In that they just award all these warrants initially to all the um the the original Investors in in some of these early incepted companies because warrants are very common place But it's amazing to me how it just it it the common price Adjusts down to what the conversion would be it's not even worth even converting at that point And even paying the $30 conversion fee But I'm still holding the so fi warrants and I'm very bullish on the company I'm very happy to own it and I guess the silver lining is that I I really want to convert to stock I hope they call the warrants. I I don't I don't care But um, it was nice to see that conversion this week In the account nothing too crazy here. There's the facebook new edition in there So we rolled that back into the roth just a 10 share position nothing too crazy And then roth 2 There it is Nothing too crazy to report here except for this little gem Ogn which was a it wasn't a It was a spin-off from murk And that just happened today. So for anybody out there that have owned murk Um got the spin-off of og and it was one for every 10 shares owned in the account I went ahead and emboldened this position up and added another 50 shares because I actually liked What I saw with regard to about 30 names in the pharmaceutical space They've got about four and a half billion in sales per Per year. So it was a pretty interesting kind of self-regulating company under the envelope of murk and they've spun off So that's where that comes from there But 124 so almost to that 125 mark there This is the passive up week over week few hundred bucks nothing crazy We did the review this week on this not going to spend a whole lot of time on that And then the 72 holding stock portfolio from a passive perspective there Couple bucks away from 19,000 in here next financial threshold in here 25,000 I've had a few people come in late to the channel and they're like ryan How did you start this? Where where how much did you start it with? At 1500 2500 500 doesn't really matter You know the the whole point is I take multiple buckets and I build them up to something And then people tune in and they're like wow I want 20 grand and it's like start with 500 You know just like I did And that's the whole key takeaway. This is a wealth of building initiative here on the independent investor channel, right? TSP was down just to touch. I just don't think it had the time to calibrate before I Did the calcs before the live stream tonight? No big deal And then the Highly on cash secured puts those will pay off Geez, I it's not going to see single digits again. The action on highly on has changed completely So it's went from being heavily shorted To now short's kind of holding a little bit of a bag here that tried to suppress the stock at eight and nine dollars And I don't think we'll see those levels again guys. I really don't I'm done accumulating shares in highly on And I came out with the videos where I thought was a really just a screaming entry And I don't I don't know what people were waiting for at eight nine dollars there, but Wrote those nines At a strike of nine those will roll off the 18th and the 25th respectively But I'll I'll collect that premium. Those will expire worthless No doubt and then the portfolio value there Right, so way over Getting a little bit interested. I don't know I don't come from money. So it's interesting to me to say how much longer can this last Is the market overvalued? Yeah, should I just sell everything and sit on the side? I saw Jason's title of his video pop into my feed. I sold 30 percent of my stock or something might not be the worst idea here with the market just kind of in the stage right now that I don't I don't really understand I um I'm I'm really putting some thought into this and you know, I'm kind of taking a double whammy here in the portfolio and that I've got a very speculative group of of Of stocks and in highly on sofia and wish right now Wish and sofai I'm not quite so interested in highly on I'm very interested in because I'm very very overweight And I'm actually over my risk tolerance and highly and I'm just speaks to my conviction and bullishness on the company, right? Which is fine, but The portfolio is going to go where that position goes and it's obvious the little bit of swell this week I mean you see the power of owning such a large position in such a hyper growth company Just pumping out good news. Just pumping it out And when this starts to trickle down to the order line, it's going to be off to the races And then it's going to be the second phase Of holding which I think is going to be the toughest stage Is to run this through from where it is right now all the way up to where my first price target is Okay, so very very important there Two keys. I just want to throw these guys these at you because I put some thought into this And you may like this you may not it's fine couple keys You need to know yourself. Okay, you need to have a sense of yourself. Okay, if you're confused about who you are Especially in the investing world That's what I talk about as defining your strategy like what type of investor you want to be We throw some of those like hey Here's some of the personality traits of a passive investor Here are some of what's necessary for more of an active profile and you can kind of sit back and say hey Here's how ryan deploys and I deploy those multiple strategies But take take this into account I don't deploy the same strategy on the active side of the portfolio That I do in the passive side of the portfolio as a matter of fact, it's the complete opposite I know what goes into or what little goes into the passive element So I enjoy that element and I take that time provided by the passive investing elements in the portfolio and it allows me to put my efforts in focus where it is absolutely needed and required Okay, so you got to know yourself have a sense of yourself and know what your range of limits are Okay, I I think one thing that you can kind of understand is how many of you guys have really tested yourself I mean got involved immersed in a project I know I just saw kyle pop in and I know he has Experienced this when you get locked into a project at night And you're so locked in that you're in the right side of the brain and you're experiencing Building that product and you know you've got a long way to go and you continue to drive drive drive drive A lot of people might say I don't I've never done anything like that before I think that's really a problem People need to really try to push themselves past those bounds Of what they think is possible Because then you can define for yourself what it is is actually possible of yourself. All right Super super important. So understanding the potential of yourself is is really important In starting to define that range of of understanding. What's what's tolerable. All right I'm going to give you my five attributes. These are the five things that are the most important to me This is what makes me tick. All right. This is this is my highly on charge right here number one family number two health number three Wealth I like money. I like the topic It's I don't know. This is how I'm wired. I apologize security Okay, you can define that however you will and in one word the fifth element that makes me tick is Free i'm free. Okay. It's one of my favorite words. I'm free mentally I'm a free spirit If I could drop my day job, which I won't I really love my Affiliation with my day job. I love what I do with YouTube. I'm living life. I'm having a great time I I don't live in the future. I live in the now. I'm very happy now But if I could travel the world and I had the means to do so like Monday I jump my ass on an airplane. I'd be gone. I'm out. See you later, and I would not look back It's all good Right free that those are some of the things that that really helped me And I will mention a couple other things and you can take this and hopefully ask yourself Do I have some of these things? Do I appreciate what I have right? Maybe I'm a millionaire and I I'm angry all the time. I don't know have a little appreciation and That's one thing about me that hopefully comes through on the channel is my appreciation for the opportunity The opportunity to build wealth the opportunity to share through a youtube audience What it is that I do in my wealth building Maybe share a little bit of element about kind of what makes me tick Because that is going to allow you to connect with me a lot better If you understand what it is that makes me tick Things that you can relate with and say yeah, man, Ryan's right. I that's really what makes me go I I love my family. I love the fact that you know, we eat well or we pursue spiritual, etc, etc All right perspective for me very very important I have perspective coming out my years and finally the fact that I always try to Lead I very very rarely ever rely on anybody if ever Ever whereas I do open up the opportunity to for people to rely on me from a leadership perspective 99 if not a hundred percent of the time I very very rarely ever Would seek somebody out and ask for a favor or or lean on them Borrowing money from somebody that just doesn't even enter into my mental capacity So I don't understand how certain people justify it to each his own It's just not it within my pedigree. I'm always very very forward leaning in my application And I'm always trying to push the envelope forward. All right So let's get into this for last 20 minutes guys. I I do want to highlight some of the Featured guests in the live stream for sure and I was telling all good. It was funny. I was looking at one of my Things not to do and it just so happened to be selfishness And all good popped in and left a comment and I said there it is that's the important solution Is seeking companionship? So when I saw all good pop in I thought there it is there's the yin and yang that I needed To kind of counteract what why why people fall into this kind of self-serving behavior for themselves And I think that's what what it can kind of come down to and it's fixable Right. It really is it's just you know, when was the last time you put any time into that? Right. Do you value that? I sure as hell did Now I was glad I was looking at the time I was looking Right because I just could have been Doing a zig now while my future wife was doing a zag and missed out on that opportunity And that would have changed my life forever But um, you know, it's amazing how things do happen. I get the viper in the group here as to jamie Thank you for all your contributions to the group jamie. It's great to see you and chris and other viper as well It's been with me a long long time It's great to see you. Good evening to you It's fantastic And uh, aussie It's one of my favorite ets the dividend the high yield or right the vanguard product And that's part of the gig is when you can take some of the products that we roll out The whole idea on the independent investor channel is awareness Okay, it's not me come on and provide you information and you just blindly go deploy It's comments like this that I really appreciate where you've got a good piece of sound information Probably something that I've invested in myself and had some success with and you will there's an infinite number of ways if you own a diversified suite of products like this Especially in a conducive market, you're going to do well with those assets, you know These groups of companies, especially within a high yielding type of product like the vym or the vig Um, those products just have way too much. They're trucker blocked full of quality Right so you can see succeed in a lot of different capacities. You just need to identify what level of risk You're willing to take on to render some of that success. Absolutely. Yeah victor's in the group. Great to see you my friend Fantastic, I love it Cruisin down here Bob says old bob reporting for duty This uh, just wouldn't be the same. I'm just um very very excited to know you guys and um, I thank you for your involvement in this community as we look to Build this project into the years ahead. Absolutely. This isn't going anywhere For those of you that are in the live stream right now We've got about the most numbers that have popped in tonight and will probably pop in Just one announcement that I've made through the channel We will have the organza on tomorrow at 1 30 in the afternoon eastern standard time If you're unsure of the time on that, please click in Subscribe if you need to to the channel, but if you're not Go ahead and set your announcement for that. That's going to be awesome This guy's brilliant. He's an absolute pleasure to have on it was one of my favorite interviews If not my favorite that i've ever done He's a very he's a brilliant investor mind. He's joining us from israel So um, kind of a special treat and if you've got a few minutes if you don't know big deal I'll be uploading it to the channel after we're done, but it will be delivered live And that way you have a chance to see it without commercial interruption and all that but uh, I'm looking forward to it I'm a student of the investing game and I'm pretty excited to see what he's got to say tomorrow You got eric weaver in the house here Fantastic good evening to you. I got jeff koski Fantastic welcome to the message appreciate Absolutely, eric said he's got the grandkids over Fantastic throwing them around the pool Very cool stuff, man Like I said, I dubbed mokie finance Admin Mokie's awesome channel. He's doing a great great job great message So for you guys that want my stamp of approval. I try to give as many as I possibly can Mokie's been around for a while Really really good message and you can kick over and boost up those subscriber numbers as as you know trying to build up their messages and um, you know It just just another arm of opportunity. I have a lot of fun with the independent investor channels fun for me I could come on and talk stock if nobody came in and listened to me But the very fact that you know people come in and they they listen to the live stream every week and about a thousand views Every single week. I know there's a lot of people who can't catch the live stream, especially my My uk audience, you know, they uh, they catch it the next morning over tea Which is great It's awesome, but um, very cool stuff Yeah Little chill of a message tonight, man. I'm not I'm not all fired up and Cursed into the moon. Uh, I can I can get there But uh, not tonight man for sure you as well excited for the message yet tonight's message was a little deep And make sure we're striking at the heart of Allowing people to understand their own capability When building finance remember we're advocating for the retail investor Retail investors are usually the subject of real criticism in their investing application And in some capacities a lot of those criticisms are legit I shake my head a lot of the times in some of the Applications and just avoidable mistakes that I see all the time People really need to get this mental stuff right before they enter into the investing game And do I dare say if you can't get the mental aspect right I would say don't invest Okay, you know investing is what it is. It's not going to make you happy It's not it can lose you a lot of money. There's no doubt It can make you a lot of money But just make sure that you're doing what you need to do in a way of due diligence to make sure that you're as prepared As you possibly can without the expectation of perfection Okay, but at least to have some level of of mental aptitude to make sure that you can you can Accept that level of of responsibility when it comes to to wealth that that ultimately you're going to get to Okay, ultimately you're going to get to that first $10,000 the idea is to get there as soon as you possibly can The the question is are you going to have the maturity to Pursue that next financial threshold at 25,000 and 50 You know the answer is yes for me. I mean here I am. I just passed a large milestone Do I have the mental capacity to continue to persevere? Yes Yes, I have because I've had those those those mental Exceptances of of the plan and the discipline necessary to Apply said plan Super super important for me to continue to tread John. It's super important All right, Matt says Ryan prints Yeah, I don't necessarily print my my account prints, right? I put the account in place to give the potential of printing but Yeah, I guess so we're doing all right. We're living to fight another day. I don't know this market makes me nervous I don't know it makes me nervous. I I think we're we're in for something interesting come into the fall Mark my words. I think we're in for something what it is. I'm not really sure I'm pretty max invested right now and to tier. I've got some pretty big positions and some passive assets Right some pretty big positions and some large cap growth Some pretty big positions and some dividends and then finally the speculative positions So I think from an exposure perspective. I think I'm a little overboard right now. I'm a little bit in overdrive But I'm I'm accepted of that Based on the strength of the program. So we'll see and we'll continue to be an investor. It's fine I I talk like this to give you guys some idea of my insights on the market But that that that's not indicative of me going in and panicking my way out of the market On monday that that's not going to happen So we'll continue to be an investor and when it comes time to rest on the strength of my plan Then I will I'll do that Very cool that cruise down here. I'm gonna try to cherry pick. There's a thumbs up That's what it looks like right there. Somebody hit a thumbs down before I came on. I don't understand that I really don't it's okay. I mean hit the thumbs down if that's what makes you feel good. It's all good Very cool and tennis in the house. It's great to see you And anthony's in the house man anthony's great to see you fantastic Fantastic. It's great to see you Build wealth media great content as always Yeah, um, you know 60 minutes is mine. I take it I deliver as much energy as I possibly can in this It's important. It's important that people feel refreshed. They could come on every friday It's entertaining for me. I love doing it man. I really do and I I know myself This product has evolved in what it is and um, it does have potential to be improved upon But it's it's going to be long-standing for a while and I think that would be my criteria if I was going to Buy into a delivery of a message etc It would be that am I buying into something that's just going to dissolve away And I can tell you this as long as I'm around The independent investor channel live stream will always be the flagship going forward I I do enjoy this and um, I appreciate you making your way onto the onto the message this evening. It's awesome very cool People running around buying stuff they can't afford Yeah, but that that's a really smart smart statement. I again, I don't want to be to be rude I I think there's people out there and friends of mine that would just argue up and down I mean they've got every square inch of their wall covered I have family members that just they're not happy in Christmas They've got tinsel on every square inch of the walls You walk into their house and it's like wow, Merry Christmas. Jesus All right, you know, whatever floats your boat, I guess, you know Uh pictures hanging up on every square inch of the walls and new furniture all the time and I don't know Whatever whatever floats your boat. I guess um If I didn't have a a larger portfolio, I guess I could have supplemented with Stuff You know the problem between if I took all that stuff and I put it into a big big pile What will it be worth in 20 years? Okay, conversely if I take my portfolio and I put it into a big pile What will that be worth in 20 years? Okay, I'll leave that to you guys. All right Very cool Couldn't agree more enjoy sitting in front of my business drinking the tea. Yep, enjoying the lightning. But yeah, definitely. Yep. Yep Absolutely. Those are the little things you got to get that spiritual side right man. It's super super important. All right That a cool I should say when I'm off work, you know, she's always tuning in from work and she's a devote subscriber to the channel message And it's very cool. I'm humbled. Thank you so much for your support. It's awesome Like I said, I have to go check out that message. Anyway, and Jason's moved in. He's got a studio. He's filming from his new house So congratulations Jason man. That's pretty awesome. I'm I'm super happy for you and the family Course for giving a self-help course I don't know man. Who the hell am I? I think a lot of people come on and they pose like they have all the answers I'm the first to admit. I don't I don't Do I feel like we're making a difference? Yeah, I do A lot of what I talk about I've been through and done that So so it's not as if I have some like, you know, psychological answer to all questions because I've I've studied I just kind of have an idea of maybe what what could work what works for me and what maybe could work for you So, yeah, I appreciate that. So jet Very cool. Josh Chamberlain's in the house man. Very cool Somebody's talking about a big announcement. What the hell's the big announcement? Did I miss that? You guys are all talking in the thread and leaving me in the dark over here running this deal It's the wind almost mystical timeless quality you get when you're at peace with everything around you hard to describe Yeah, no doubt No doubt Yeah, life is good man. Well said couldn't agree more The crew's on down got to give my Becky shot out for sure I hope all is well with you. It's great to see everybody was kind of at work talking about reinstating some of our best work practices from two years ago because You know when the pandemic set in it's like everything changed for a while And it kind of feels like maybe we're coming out of that at least at least. Hopefully we are Absolutely And David Mathis is in the group everyone stay positive Yeah, absolutely Stay positive Some hella success going on if you're involved in the stock market right now you're rendering success. There's no doubt It's um, it's pretty interesting time in the stock market right now both show Moki's got the rackets Yeah, I'm so bullish on this company. It's not even funny It's gonna there's a couple things that need to happen come a couple last dominoes The need to happen. I think uh, they need fleet adoption Okay I guess what I'm what I'm interested in this stock is not going to give you an opportunity to just say Now's the time okay because just a month ago it was at eight dollars And everybody was like it's going to five dollars. I'm sure and I was like I don't really care what it does it can do whatever it is because It's not important to what the stock does at that particular juncture And that's what I think a lot of people have a hard time with is Seeing what the future potential of a company is like in other words when this thing is at 25 They'll look back and say man. Was that the end? They'll look back when it's at 50 and say gosh, you know, I should have done this And when it's at 75 100 and beyond When and if they realize the potential that I think that they have And they still need to they still need to make that a reality I just think the setup is just way way too good for that not to happen Then you start to look back and say man I I had the opportunity to get in on one of those groundbreaking opportunities And where nicola has the favor right now in the market. I I really think the elephant is in the room For nicola is in that. I think they're really trying to take on more than they can handle I think for a long time tesla did the same thing. They took on a ton of different debt The difference there was that people there was a big big demand for tesla I don't know how much quantifiable demand there is for the nicola product I really don't it's not superior in its performance And it's not superior in its ability to have any type of fuel comparison between The hydrogen cost to diesel equivalent companies know this Not only that but if it was on par with diesel where the hell are they going to get it right So some some real roadblocks there and and that's my insight. I'm not accumulating any more shares I'm going to allow these last contracts To roll off. I'll collect my last little dab of premium I've made a small fortune with the options With highly on and I was buying 100 cheer bullets at a time boom boom boom And I'll I'll sit on the the position that I have. I'm happy very very happy that we're able to base the position and I don't know if it goes back to 10. No big deal. No big deal If it if it goes to 15 I'll I'll reengage and in in the second phase of the strategy of owning this fine company And enjoy it rolling out over the next couple of years Because there's certain milestones that I really want to see roll out on the company I really do and those aren't set until fall when the demos start to roll out to the 10 identified in the erx innovation council And it's going to be super exciting It's super smart the way they're going about this business with the integration in the oem and I honestly think here at $11 and 50 cents. It's still a buy But for me, I'm I'm good. I'm I've accumulated my position. I'm done so jmax's high millionaires mount up We'll see if it ends up at my first price target. I will be a millionaire That's that's just what it is and I'll take it in stride. It is what it is It's just a sound investing decision if it goes to zero. I'll lose my investment. It's just that simple But um, you know, it'll be fun. It's it's um, one of those companies that I'm really excited to own very very bullish And I've set myself up to kind of monitor the progress From an active perspective over the next couple years So we're getting down to a few minutes left anyway guys We're going a ton of people at the bottom of the gallery. Sorry. I couldn't get to everybody Just had a ton of people here to jump in financial options late to the party. I'll watch the replay appreciate that anyway But if you guys did catch me, I will Reannounce tomorrow 130 eastern standard We'll be having lee organz. He's scheduled to be with me for 60 minutes, which is great I'll take every bit of it and I won't say too much Because um, I really love to get his insights. It will probably be centric Cryptocurrency gold silver stock market investing trends the new administration Is the stock market overvalued that type of thing? So what the heck? It is a very very brilliant one of the most respected minds On the earth actually And uh, he's coming on the channel to be a future guest and we're glad to feature him And welcome him back to the channel for the second time So with that guys, we'll go ahead and sign off I will get on with my evening and I will close down the 60 minutes for you guys as well I want to thank everybody really. Thank you for allowing me the opportunity to come on And host the live stream on the independent investor channel With that said, please understand that you're all part of the success of the community here, man Your piece is yours your success is yours And hopefully we've given you some insights there to focus on and help you With your empowered journey going forward. So with that guys, we'll sign off and we'll catch you tomorrow For the lee organz Live stream guys, we'll see you tomorrow. Take it easy. Have a great great rest of weekend