 Well, welcome everybody to the Friday live stream here in the independent investor channel It is nine o'clock Friday for the fastest 60 minutes on YouTube No doubt love to welcome everybody that's been with me a while And all the new subscribers to the channel and if it's your first time making your way into the independent investor channel live stream Congratulations. Okay Very very important for us to roll out a support Nexus like mine I think you'll feel the find that my message is slightly different and that's great a lot of different opinions out there a lot of different approaches to Building wealth in the stock market and I think the thinking heads that have been involved with the stock market For for quite some many Years and maybe even in some cases decades. I know there's a lot of experienced investors here in the group Would agree with me that there's a lot of different ways to succeed in the market. Absolutely but over the last few days anyway doled out a little retracement and You know, I want to kind of be that voice a reason a little bit I think sometimes it really comes down to your perspective about the market and I certainly do gravitate toward those YouTube creators who I Think echo somewhat of the same message as I do in that, you know investing can be a very very Very enjoyable very rewarding very very fulfilling It can bring it about a sense of fulfillment to yourself to know that you're you're doing right And and you're making those proactive steps. I've always said, you know the folks that are not taking the time to seek out what investing can have or Or what it can mean for your life, especially over the long term I think I really miss an out and I honestly think that not investing is is more more risky than actually investing Okay, but here's the thing If you're invested in the stock market, you're never going to be a moon immune to Downturn or retracement in the stock market, etc. It's just part of the gig. Okay? Markets go up markets go down. I don't watch TV anymore guys So I guess based on the pulse that I get that the markets retraced a little bit I could kind of get that monitoring the portfolio a little bit what little bit I do monitor it But I do want to give a special shout out to Gen X dividend investors who's in the group here as well Super good friend of the channel. I just had Jay Mac investing also just pop into the gallery So we'll bring him on tonight too just as a special treat Roundtable get the pulse from Jay Mac investing just another corner of the YouTube investing community man And I tell you what it is it is indeed special Where the markets going to go into next week? I don't know. I've been taking some interesting strategic moves in the market leaving a lot of What I established here within the last year or so Alone you guys know I've I've been taking a little bit of a strategic push To move a little bit more of the portfolio to a passive Okay, I don't want to be one of those YouTube guys that come on and don't practice what I preach and I think that's where the majority of people need to be and I Deploy five different strategies in my program each of them kind of have their own swim lane I'm typically not all over the place But the passive investing strategy that I deploy I don't put a whole heck of a lot of effort into okay It's kind of pick your allocation and set it and forget it and and it's really really Really interesting to take a look at how some of the portfolio or accounts have kind of taken root here It's really nice. I kind of do that number one because I was very interested in the strategy But I do roll those out to you guys for for transparency So we do have the portfolio reviews tonight. I am gonna talk about I think we're off just a few bits anyway in the portfolio No big deal. I don't I don't really look at a few day retracement. I guess that's what's going on again I picked that up from the pulse of the of the crew but I absolutely always want to keep this focus on you guys and we are making a difference one investor at a time I sat through a lot of zoom meeting opportunities I dropped one link into the thread for you guys if you're interested to kick over to www.independentinvestorgroup.com There's no No problem for you guys kicking on there peruzon check out the website. It's kind of cool I'm pretty proud of it. It really turned out. Well 2020 was the year of my Group.com it was it's a very very It's an awesome product because it brings people to me who seek out that opportunity And I tell you what you've got the opportunity to sit with me for a 60 minute zoom session I advertise that it's 30 minutes. That's ridiculous Because I I take as long as I need with people and for the folks that sat with me this week a special shot out goes out to Ruben over there in London UK 28-year-old professional man just doing it wants to embolden that investing slice Become a participant in the market adding a different layer into the portfolio Just an absolute pleasure for me to reach beyond the borders through the power of social media I mean I was just kind of laugh when I was tickled a little bit I told him I was like geez when would I ever have the chance to you know, I've never been to UK It's on my bucket list for sure But what a great opportunity to bring people together and also to be able to sit down with Gordon And I don't want to go into too much detail man But a self-employed business owner and that's the heart of this country, you know, and it's just looking at the investing landscape and is like Where do I go? Where do I where do I turn and I take those opportunities very very seriously? I really do. I think sometimes when they search out information over social media I can understand that there's some care and some is some hesitation I'm that same way. I'm very very critical of of reaching out across the aisle And and trying to ask somebody for help as a matter of fact, I made the statement this week I'm usually out front leading so I think for the most part. I'm a very good leader but at times you've got to be that follower and you got to kind of humble yourself and I do that sometimes I do it on Jason's channel. I do it on Jen X's channel Who are some of my top tier favorite youtubers? I I don't frequent YouTube as much as I probably should but but but Matt and Kyle and and and those guys Joe Carlson as well as right up there in that group of Really folks that are putting content out there to the masses that get it they really do And and I would say that our approach to the stock market is something to be Is to be acknowledged this this type of stuff doesn't really bother us too much because of our strategic plan that we have in place We've spent many many years in some cases fine-tuning that plan kind of preparing ourselves for that what if in the stock market that opportunity to Really you want to be able to win in both markets? I say this all the time and and and I think that goes in one ear And out the other a lot of times when I say it but man It's very very important to sit back and say man Ryan's saying you can win in both markets Yes, but the win on the downside is a little bit different strategy, right? It's the defense right? It's the diversification. It's the ability to enter into your portfolio at cheaper stock prices, right? Winning on the appreciation side is very very simple. Everybody gets to look at their portfolio and come in and celebrate every Friday. Whoopi look at me I'm awesome. I'm up, right? I tend to take those a little more as a grain of salt. It's never really as Good as you think it is or a greener sand whatever the hell it is It's never as good as you think that it is and it's it's probably not as bad as you think it is either So with that said I want to welcome everybody man I'll get to the shotouts for sure as I can comb through once I bring Jason on to the live stream I can start to kind of go in here And acknowledge some folks a little bit more in-depth because I tell you what man each and every person in this community Is part of something special man your personal empowerment journey? Is just one piece in the puzzle of the independent investor channel community? No doubt about it so welcome guys look forward to a riveting 60 minutes here and Just glad to see everybody I'm not so sure about riveting but that intro is pretty cool man. I don't know it gets me fired up for sure I like it. I saw Jason backstage. He was kind of jamming a little bit. So that's a good thing That's a good thing Have a little fun here on the stock market, you know I think it's fun for me sometimes to sit back and and and watch everybody came in and had to report to me to at work today The GameStop was making a second shoot to the moon. I was like wow, thanks, man I you know, tell me a joke or something. I you know, it doesn't I don't care but I guess it's just you know kind of funny to see kind of what's going on in the market with Bitcoin and You know GameStop and and AMC and you know the the Teslas of the world Ah, you know all is fair in love and war. I never said the stock market was perfect It can be for those people who can deploy a little bit of discipline and carve out that piece of the stock market that makes sense to themselves And and you don't necessarily need to grab everything and you certainly want to make sure that you're Investing in a way that makes sense for you in all seriousness I wrote some rhetorical questions down here and make sure and that you can Answer some of those questions as to why you enter into the stock market. What's your what's your definition of investing? All right, why you're doing this? Okay, what you hope to get out of it. All right And once you start to kind of deliberate on those things you can really take Take some comfort in knowing that when the stock market starts to retrace that you've got a few things there It's your disposal that you may be able to reach into your tool back and start to deploy a little bit as I've done this week I had a strategic Angle to to go ahead and introduce a little bit more passive into my wife's account and that's what I did a little bit more passive My new position in the cues. I I bought that high. It's obviously run up quite significantly over the last year I've never owned it, but it seemed to make sense to me on in a little bit in the joint brokerage account So with that I'm gonna go through the portfolios real quick Then I'm gonna bring Jason on real quick and we're gonna finish out the live stream together as we always do when Jason pops on here I just enjoy the heck out of it because it allows me to focus a little bit more on the on the The questions that come through here, but here's the taxable a little bit of retracement. We drop below the six-figure mark No big deal. A lot of the drawdown in the portfolio is mostly aimed at the highly on Situation which I've got a fairly heavy position on that's no big deal For me, I don't really see a whole heck of a lot of difference in this stock between 20 and 15 I really don't I really think it's probably waving at a lot of people right here, which is interesting I I think in hindsight it may provide that kind of like Whoo real ease of opportunity for people because I think at some point over the next You know coming months or even weeks. I don't know I mean even from week to week it has its its glimmers of of opportunity and it can really dull out some some quick appreciation With that said, um, I think anybody who's interested In in the company at this point is being provided ample opportunity to to take a strategic stab If it fits well in your portfolio, but that's How the portfolio shook out? I was glad to expire four contracts on highly on obviously I don't think i'm going to be engaging in a whole lot of that Because it ran right through my 17 and a half strike ran all the way up through that battery news And I thought for sure they were going to get called away They never did um all the way up above 20. I had a 17 and a half on it and Never did so I was able to render a 415 contract on on the four contracts So that was pretty lucrative Probably not the best way to to to realize a good premium contract on there But I stayed true and I tell you what those options man You got to buy into that stuff and you got to stay with your program You can't freak out every time You know you get something that increases past your strike price. You got to kind of stay with your program And if those are going to be called away, you got to pick that strike price that you're willing to part with the stock on but There's the brokerage. Here's roth one. Here it is Retrace the touch. You can obviously see here. I'm a little cash rich in the portfolio No real major changes. I did take Some profits and some of the larger positions just to draw down a little bit of the sector exposure I told you guys I was overweight in industrials. I wanted to pair back on that So I've aligned a little bit. I paired back a little bit I didn't want to sell wp carry But I did really just to take some of that exposure. I did pull back on 50 shares of Realty income core Just to kind of align that sector exposure a little bit more in line with where I wanted them Because I'm kind of a portfolio Hawk as far as that goes. I think a good sound diversified portfolio is the way to go And here's roth two again a little cash rich there good mix of growth some speculation in the portfolio some value Nothing too crazy. You can see there the cash allocation Right And you got the m1 account that was actually up this week. So go figure The pat the passive wins. I guess I'm up 100 bucks or so no no big deal And then the dividend growth portfolio. This is going to be a project strategically in 2021. I'm going to look to grow this up This is fantastic. I got lucky exiting the rktf's when I did Sold in the upper 150s. I really did sell at a high on on most all of them. They've retraced With tesla coming back. I think they'll be fine long term. I like the phones. I really do But for me, I kind of got cold feet and I questioned if it was really in line with what I wanted Out of that m1 portfolio and I figured from a dividend growth perspective I wanted to leverage the power of m1 in a similar way that joe carlson Is doing as well I'm in a position where I can strategically fund this up over time. So that's what i'm doing Um tsp no big deal nothing crazy Contracts i'm cooling down just a couple leaps on cisco and x on no big deal I'm taking a little bit of a pause and today was a big expiry day So I was able to um have uh all of the 20 february 26 contracts expire today worthless Which was was some great news a little bit of a bright spot in the portfolio Um, and then and then right there still 465 force it whatever it is it that that's the number guys so Obviously a retracement a lot of it just being drugged down a little bit by the by the by the highly on I I guess I I don't know if it was the earnings call it was um, I caught it on jason's channel actually He shared that through his youtube channel, which I appreciate I I didn't comment But I was there I watched the whole thing and then I went back and I actually read the transcript because I interpret different things When I read something But um you give me a thumbs up j. Let me know you're ready man. I'm gonna bring you on the live stream, man If you don't mind you're like a honorary guest of the channel. You know what i'm saying What's going on man? I think you're on mute. I think Better now Yeah loud and clear man Okay, great What's going on man? Not not too much not too much. Uh just hanging out in the background here. Um Uh, yeah, you got you got to hook me up on who made that video the intro that thing is fire I mean, I know I've heard it many times, but uh, I made it. I made it for real. Oh, yeah What'd you make it with? What uh, I made it with I made it with iMovie iMovie and canva a mix of both actually So they got little video snippets on canva pro and actually i'm affiliated with them j but Stick with me after or I can send you something. Uh, I don't know what you use for your thumbnails You may be able to use it on that software To do that, but uh, yeah, I mean I can kind of show you that stuff on the account. Yeah, I did that Oh, okay. All right. I thought you had paid somebody for that. That's uh, that's nice. Yeah, very well done Thank you my friend. Thank you. How's the family j everything good? Everybody's good. I mean we've been a little sick this week, uh The whole family and we thought it was covered. We got tested it wasn't covered so we're good on that But um, good. So yeah, just a little something going around so Um, but I was early in the week and so we're we're better now. So thanks for asking. How about yours? Yeah, we're all good. Um, usually when the market does this I find excuses to bear down at work or Hit the gym a few more times a week, you know Um, I've been paying particular attention It's funny too, man. I got a lot of portfolio holdings But I've been really really aggressive on paying attention to this highly on story Um, and that you know the report that was just rolled out There was a couple soft spots in the report that I was kind of like I wish he could elaborate a little bit So I don't know if that's like really good gamesmanship or he really has got something behind the scenes I think the verdict is still out as far as that goes because you know, right when he alluded to the fleet I was kind of like The fleet man. He gave us the peter belt news which was interesting Yeah, I don't know what your thoughts are. Well, I mean like the main main thing is They they've already selected the fleet. Why not name them? You know, that's what that was Yeah, they they should have named them that you know, but um I'm still of the mind just like I said last time and just My my philosophy on it is and it's what they ain't could deal with hyper truck rx Um, it's still gonna be We're still in an accumulation phase for a little while. So which is great for anyone who missed it or Yeah, but it's to me Nothing nothing has changed. It's no story hasn't changed. It just keeps getting ready really just keeps getting better Um, so but you know, we'll just see I would note a couple positive changes that I picked up on The transcript after I read it With the hybrid system rewrack. I thought that was encouraging. I thought that I thought that proved to me some Responsibility on behalf of the company having the third party consultant come in On two different aspects of the business I might add. I thought that was very very mature for such a young company to do that Um, and then I think a lot of that had to do with the new Battery increase, right? So that's the heart of their hybrid system and erx system. Anyway, right? So they wanted to incorporate that in there And I I think heli just kind of roped that in there and said well There was some technological improvements and packaging improvements some durability improvements, etc So that was music to my ears. It was nice to hear sherry bakers speak for the first time What what a sharp whip that she's gonna be great Um, I don't know much about the other board members, but um Yeah, no, I I think you're right, but there was one section that was alluding to Once those fleets are kind of rolled out You can kind of see how these windows of opportunity to buy the stock are are gonna close eventually. Yeah, right? So but um Enough about that news. Anyway, what you got shaking on the on the on the cooker, man. What's new? Uh, you know, not too much. I don't want to talk all about spax. I won't because it was spax really got murdered they always do when there's a downturn spend when the nasdaq gets hit like like, uh, they they they kind of go into the same, um, bucket as like, uh, small cap stocks They get decimated. So so they got decimated this week, but fortunately I had, uh I had reallocated them and kind Consolidated down to a few positions Just the day before all this happened and it wasn't planned. So My my patrons thought I was genius or something because I did it But it really I really had no clue So so that had me having a whole bunch of free cash. So Um, but I wind up actually spinning it spinning it up too fast. Anyway, any of you know, but um Then then also one other cool thing do I got going on is I had a 401k and I'm rolling that into now my Roth um, it was actually a It was it was a split it was a Some of it some of it was a Roth 401k and some of it was a traditional form So I'm splitting it and I'm splitting it into two accounts a Roth IRA and a traditional IRA That's going to hit like a Monday, which if the market's downturn, it's it's going to be perfect time, you know, perfect man I'm having a nice chunk of change. So that's gonna be great. Yeah, I mean working with options is never a bad thing You know, I thought you had done that before already So you must have had multiple 401ks with the companies that you've been with then Well, I think I think I've been talking about it for a while. I just um, oh got you. Yeah Yeah, I think I've been I think I've been kind of like hymn and hauling for a little while But I had I had an outstanding uh 401k loans that I paid off. So that that was kind of what the holdup was Oh, got you. Well, how does that feel? Oh, it feels fabulous. Yeah One thing is for sure I have uh Me and me and my wife have taken care of basically all consumer debt Now and uh, just a couple grand left. But uh, yeah, it's it's going to be real easy to finish that up and And we're you know, we we wanted to get all of that taken care of before we buy this house So now we're going to move it to this house with no debt no consumer debt. We still got a little bit of Student loans still got a little bit of student loans That's okay. Yeah, we're hoping uh, biden wipes that out though, but I don't want to get political and get people fired up No, no, I I I think you're right That might be an initiative that um that rolls down the pike. I think that would be awesome You know, I mean at some point you took an investment in yourself and You know, I those things are kind of tough because they they consume you I've had family that's been wrapped up in that stuff and it's like man You you do it you get a good job and you're making a good salary But you've always got that kind of looming until you can figure out something to you know chip it away and Even though the interest rates are usually somewhat Uh workable, you know, it's there and oh and you'd rather it not be so yeah, I'm hoping for you man I'll be but that's killer. I think something to note too Jason. It's kind of funny too because you've You've approached the investing opportunity at the same time Whereas, you know, Dave Ramsey takes a little bit different approach to this and that you've got to focus focus focus and You know, eat them farver beans for you know, many many years until you chip that debt all the way down and I don't know if you've got two cents on that but I I will say great job I've been there and done that there's a lot of people that can resonate with that And it just speaks to working on that fitness to it'll make you a better investor Jason Right because that surplus will go toward home equity or it'll go toward investments, right? Right, right. Yeah, for sure. I mean I will say I mean I guess I could say that it was it's some of it has came from Just having a different income Streams that have that have come along the way Over the course of last year or two But but at the same time if you know, I guess I could have found those in other ways as well If it weren't, you know, um, so so but uh, in other words, I'm just saying Um, you got to be stoked man You you got to be stoked, man Last year was your year, man You know, it was nice. I I'm a fan, right? I sit back and I'm like, I like to see good people get ahead Let me just say that, you know, I'm saying I love to see good good folks get ahead And I I think that's what a lot of this community is about In a lot of different forms or fashion. I think they can come in and they can Enjoy your success a little bit too, Jason, you know, not copy what you're doing Um, I sure as hell don't try. Jesus. What you're doing is unique to the j-max show, you know what I'm saying But but but as a fan and a friend I I'm I'm I'm I'm super proud of you, man You've killed it. I don't think you could have rolled it out or thought it to be any better than what it's been You know, I'll just lean on it and have fun with it. You know, yeah, I appreciate it I appreciate it. Uh, yeah, I did I did I did get them fired up in the comments. So We're going to switch gears no no more politics in the comments comment section guys. Let's let's let's talk back about stocks and investing So I did to to switch into regular stocks I did by something I'm excited about too that I think You know, a lot of people might be as well I bought my daughter a share of uh air vmb and so I think air vmb is going to be a Long term disruptive company for a minute for many many years Of course, yes, all of the every everything the ipos has a balloon valuation But it is a company that I believe will grow into its valuation and then some many many multiples over so I don't know what you think about air bnb, but uh, I love it. I was excited to get her stock over it Yeah, so my thoughts are really simple. You didn't want to buy her tesla Well, that's your tesla that's already ran, you know, I mean it probably has some more legs But I wanted to get her something like that. I mean, this is like year one that it came out I mean, I told her and I told her I paid about 200 bucks. I think it's probably gonna be a company that eventually goes to like a thousand bucks Or maybe splits at some point. Oh, well, and she was all excited. She was excited. She's like a thousand dollars Yeah, you're gonna own a stop dates gonna get to a thousand dollars. So I think it's fabulous So my two cents on air bnb are really simple. I'd rather own it than marriott Oh for sure. Yeah, here's the thing like I think this pandemic has changed a lot for me personally um, I Got given the opportunity to get vaccinated and it was like, yeah, I'm in like there was no deliberation for me personally I I think different Then most people if people don't get my sense. They've been with me a while. They know I think different but I think it has changed a lot of the way we view staying at hotels staying in places that we know Cart blanche that there's been 20 other strangers in that room in the same week, right? And I'm not saying in five years. It's not going to return back to the way that it used to be But here's the thing man me personally, I don't know if my comfort level will ever be the same Looking at cruise industry looking at airlines looking at traditional hotel chains, which were predicated upon the ability to put that hotel right next to the freeway and know that they're going to win business Whereas air bnb is so much more advanced in stepping into an opportunity. I mean We're thinking about actually becoming a participant in the air bnb opportunity because you know, I Strategically, I mean if you could stay in a in a two-room bungalow and my wife's from europe, right? So, you know, there are places over there in europe that you don't even know exist brother. Trust me. I've been there It's there's some beautiful places austria, you know croatia You know, she's from the check republic. It's you could spend a lifetime just looking at castles over there And where are you going to stay? They don't have hotel chains over there, okay? But if you've got the ability to go to some of those strategic locations I'll tell you when I went to st. Martin j two years ago Everybody I talked to was staying in an air bnb everybody weren't staying at the big resorts. They were staying on air bnb's That's right. And it's that's the thing about it is I see some there's some couple negative comments about it in the chat But it's it's it's it's already international So it's not it's not something like it's not one of these companies that You know, isn't there's a new company and they're thinking about expanding international This was already an international company as you're saying right there And and and they're just going to expand internationally and it's like once you they have already become the You know the term You know, I want to I want to get an air bnb not I want to get a hotel I want to get an air bnb. So they've already they already are the brand name internationally so so, you know, so for someone thinking that Fees are high or things things just don't fit and you're investing Matrix, I totally understand and it might be too much of a high valuation. But This is the way I've I've shifted gears. I think I really try to think 10 20 years out who's going to be the leader rather than looking at companies that now are the leader because A lot of the the now leaders are getting disrupted. That's just the way that's just the nature of this thing now It's it's always been that way You got to be kind of careful, you know, like You're right and I think this philosophy that you just touched on is really really sharp And it's worth spending a couple moments on this whole like Kathy wood kind of style, right? And I don't want to say it's one of the same Jason But what you just said was really smart. That's exactly what it is It's like where are these companies going to be even in five years like I mean 20 years down the line is You know, you can almost take any value stock even and and push it out 20 years and it it does well, right? Eventually Those good companies will come to a head. But what an exciting time right now with what's going on Some of these areas air b&b is a small pocket. I like I like to buy for your daughter. I think it's great But you know with 5g infrastructure, right with genomic Mapping some of the healthcare stuff Obviously with ev I mean that's an area focus for mine the revamping of the financial institutions Obviously cryptocurrency, right? I mean even even utilities, you know, they're gonna Wind up but they're gonna wind up having to acquire and accumulate solar and You know, all of those different renewables because it's just going to become mandatory. So yeah, all of your Absolutely every say every segment and every sector that was a potential disruptive segment or sector is now kind of in an advanced stage of getting disrupted in some manner or fashion I'll give you another one. I'll give you I'll give you a freebie for For SPACs anyone who wants a SPAC is is and it's actually a well-established company That's very big. It's called wheels up and it's a It's a private airline company that's flourished throughout the pandemic because a lot of a lot of people who used to take first class and Whatever business trips, you know now. So this is like a uber for private aviation. So they have And it's what they have a membership. It's expensive. But even when you look at the numbers, you're like, it's expensive But when you think so they got like a hundred brand ambassadors, they got Tom Brady Serena Williams all the athletes all the sun and lots of celebrities and those are like the brand ambassadors that Are gonna, you know, help carry the card of getting the word out about the company But so they got like a fleet of You know, I think with the ones that aren't that aren't owned by them It's like 3500 private airlines and you just go on the app Pick a private flight. You can if you're a member you can book a flight within 24 hours So you can wake up today and say, you know what? I want to go to cancun Click the button Jump on a You know a local private flight go to cancun I think it's like what the membership is that it ranges from like four to six grand for a For a group of eight people. So you might say that's how it sounds like a lot four to six Four to six thousand dollars for the flight. But when you got You know Welp your people and they're like, you know, I could take the whole clan for four to six thousand dollars My whole group my whole group of people I can take my family and maybe another couple with us, you know Exactly like that. So that's the tree wheels up a and they're coming via SPAC Jay Yep, they are and it's cheap. It's like dirt cheap. It's like no one's called on to it yet And that's one of my sleeper pics of the of the year. Um, so Ticket symbol ASPL is the ticker on it Just a second A little house. They don't mind asking and look and check this out. Here's the other thing It's unlike any other SPAC It's uh, it's got a 900 million dollars of revenue in 2021 Most of them were pre-revenue or they got a concept or philosophy This one projects out 30 annual growth for the next four or five years So it's gonna be a growth company and you right now you can buy it for pennies on the dollar Silly so put that one on your radar. Um, you heard a definitive agreement or are they searching? This is definitive agreement and Yeah, um, so it's really you just it's really kind of hard to find a whole lot of info on it But uh main thing is just find the slide deck the investor presentation and read up on I mean, there's there's tons of youtube videos of people taking you know wheels up flight and stuff like that you can do go that route but um It's a neat company and then I guess I was just tying that into That aviation is also being disrupted as well, you know, and um, so it's a good one Man, oh my man, uh, right there. Matter of fact financial awareness with case goal He he made a video before I did me and him are like the only two youtubers that have made videos His is very high quality. So go check out financial awareness with case goal um, his his video is fabulous um He says he says why hasn't aspl had more price action But uh, he covered it. He did I would say his Coverage of it is better than mine because I did the I'm starting to do what's called an eight minute review Like I'm doing a video. I'm doing a video within eight minutes I'm trying to cram everything because people just don't want to watch stuff long anymore You know they lose so he did a little bit more of a deep down into Kyle's in the house him right there Uh, he did he did a fabulous job On it and um, so yeah really impressed. Yeah, he's a sharp cookie No, no, I'm just I'm just glad he lets me hang out with him every now and then man He's got to come on the channel every now and then now he's doing really well and You know shot out to matt as well. That's super cool what those guys are doing over there, man on the on the finance youtube Um given given folks their their shotouts a little bit You know matt matt's kind of an original gangster. He's been doing this just as long as I have you know and um Really kind of cool to get that little shot out and acknowledgement I I put matt right up there in the top tier of investors on youtube And and I mean the totality of youtube. Okay, uh all included. All right I put some capability of our group up against uh most anybody, but um, there he is that's awesome. Thanks jay Appreciate Yeah, so what's a new investor to do now coming into the market? I just You know, it always makes me cringe because I've got just a little bit of pulse come through the channel and it's like well The market's down ryan. What do we do and it's like it's like a couple days, you know, I I appreciate you saying something but um this market up over 30 000 It's like the the last couple 2,500 of dowel points I've just been kind of like chalk it up as a blow off top as far as i'm concerned What's your thoughts, man? Yeah, I mean it's it's one of those things where I mean we we were bound and due for something I mean if you look I just I was actually when I was in the backdrop because I figured we might talk about it I looked it up like, um Yeah, these are pat they got patents on the sides. Um, the sick So, uh, I actually picked them up at target target Whatever your local team is they got them but like it's only 30 bucks. So they're not, you know, they're not no bows or anything But uh, they're pretty decent. Hey, man. What's wrong with bows? Man, come on He's on sale. Come on, man Well, the thing is this one has a mic too. But if I use it, I mean this sounds so bad, you know, so They're not you know, they're not high quality but um So Yeah, so the so the spy is only off like two and a half percent. Okay. I know from the from the top guy, so Uh, now nasdaq nasdaq's been a little bit more aggressive. It's down like 6.4 percent But still it's it's we're not even we're not even 10 percent That's a rotation. Um, I don't really think that's anything at all. I think I think it's a rotation Like if you if you were happy about owning an apple last month, why not? Why aren't you happy about owning it now? Maybe microsoft's a better better example It's still the same phenomenal company. So is apple But it's producing some opportunity. I think I think i'm really still on the crowd strike bandwagon and large tech growth as well as Salesforce.com as well I think those two right there are really going to take that hybrid cloud I mean microsoft is a given And adobe systems is another given for me of some of my real favorite large cap growth tech Which my allocation calls for quite a bit because i'm a fairly aggressive investor and Man, I could just go shopping on tech because it's my favorite sector It's an exciting time to be an investor. No doubt about that Yeah, I'll tell you I'll tell you one that I saw I actually kind of uh was fortunate Maybe not fortunate, but I had just sold it. So but it like really really got hurt. Um, or hit real bad innovative industrial properties. It's a reek. It's a they They, um, it's one of the only like mj sector reeks, right? Um, and it's been super high growth and it just continues to be a high growth stop That's a reek. It's real weird that that those you don't usually hear those two together But um, I had I sold it at like 215 just the other day at my lot of it. I needed some free cash, but uh Uh, yeah, I mean it went down like 20 30 off of this This correction. So right now you can you can pick that up. It's just crazy crazy decent pricing right now. So Even good stocks will sell off, you know, I know a discussion just here recently in the community has been to look at Lockheed Martin Um, you know that that's taken a drawback to So, you know, it happens. I think I think it's funny I think when people talk to me about getting into stock market investing and they they talk about their own Analysis and getting excited about a stock as being enough And I can tell you sometimes the longer you've been doing this You can realize that you can do all the research in the world and have a stock just completely licked and it'll go south on you You know, so don't don't think for a second. This thing is is something that you can figure out Or or it can be the opposite like I'll give an example of one that I held for I held it the whole time I was dividend investing Eating vans, right? fabulous company, you know dividend aristocrat lovely company always always Raises raising their dividends and incrementally growing, right? Well, guess what when I decided to sell that thing, you know what happened They they got um acquired. I think by who who bought them was it? uh One of the big companies one of the big investment firms bought them and it went up 50 percent So that's you like you're saying they can sometimes go down and then just On the on the other side of that it can be a merger and acquisition or something like that Yeah, I mean or you just buy by tesla, right and it goes up It doesn't mean that you're just the greatest investor in the world and how I mean, right It's relative and I think it just speaks to my insistence that people really Really try to make their own definition of this stock market opportunity I always use the analogy to try to try to keep yourself warm But don't get so close that you get burned. Okay Because I've got some people that are coming to me and they're like, well, I don't know or I Nobody and I'm just like no. No. I had some killer goulash tonight for dinner, man. Trust me. It was legit I I just don't This stuff doesn't bother me and hopefully people don't don't take that as as arrogant It's just that man. I've been through all that deliberation before And I look at a stock go up like highly on popped I was up 10 grand just a couple weeks ago when it popped on the news, right I didn't bat an eye It's no big deal. I was up 30 grand at the peak, you know Took some profits on the way down, right? And then I mean my cost basis now I've got whittled down to 18 bucks a share. I'm happy with that off a couple bits. I'm fine but I just I wish that upon everybody I do um I think as far as Entering into the stock market as a new investor now I think it's it's challenging and here's why you've got all these people out here And I'm somewhat guilty of this as well to say look Buy the best value that you can out there and live to fight another day By passive and there might be some element of truth to that but You look at look at the gen x game for example, right? I mean that guy has got a portfolio that's just set it and forget it, right? And I think the the the question is and I would be interested to know his answer on this is is that the appropriate Way to enter into the stock market for somebody who's 20 years old I don't know ask that rhetorically, you know, right and and I think and and it's not it's not aimed to impugn that program Right, I have a very similar program to gen x and I know you've got an aspect of quality In the portfolio as well quality value, etc. Sleepy boring stuff, right? You know, it's it's easy. It's it's not that hard to buy apple stock. It's not that hard. It's it's easy It's it's even easier to buy passive ETFs or index funds or or whatever your game is It's a lot more difficult to expect that a new investor is going to creep into that growth Or even dare I say some of that speculative growth? Um in the way that they're going to be able to succeed at it Um, I hope I'm right because there's a hell of a lot of opportunity out there You just got to pay attention and you really got to study You got to you know, do your diligence? Yes, but Try to get your head right first. Okay. I don't want to see people get involved and I don't want to see them get burned You know, I does everybody need to pile into game stop I don't know. I'll leave that for the masses to answer Yeah, you know, I think I think I think gen X would probably say that Um, also, you know, because you know, you know how he buys positions He's like I've never I've never seen anybody who's Um, as disciplined as he is no to wait on the position like he and he buys it all at once. Well, That's right. The majority of his position Everyone else has talks about dialogue on average in them. I do that's I do too because I mean It's it's hard. You know, I sit in cash for so long, but he'll he'll he'll he will sit on You know, a quite a pile of cash and wait for an opportune time Then then then pound. So he's a very disciplined New investors aren't going to be able to do that. You're just not going to I mean, well Majority of new investors aren't going to be able to do that. Um, and like you said, really I like to But you know, I switched to uh, You know saying go from spy to qqq just to be a little bit more aggressive than nasdaq 100 So that's my my because there's just more You know more upside to to that me, uh me personally So but it spies spies fine, too But just something like that if you're brand new just learning So you're not like burning through, you know, what's your losses, you know? So a yeah, but a passive etf or something like that to start with to get you know, get your feet wet So you can do research, but you're still invested. So, um, you know, that's a really good good plan Let's talk channels youtube channels jason what you got planned here going into 2021 any short term medium term Long-term goals any strategic initiatives you got that you'd like to roll out to the community? uh main thing is i'm um I'm I'm I'm aggressively pursuing Uh interviews with CEOs getting them pretty regularly now with these good spats. I just I recently recently did one with There's a whole new Sector called ev tol, which is electric vehicle vertical takeoff and landing These are going to be like uber air, you know taxis And so I got one of those those companies becoming public vs. Back archer aviation I did an interview interview one of the you know, it was actually their co-ceos. I got an interview both of them I was a good interview You know something forward thinking that's a that's a new sex sector that you're gonna be eventually hearing about If you haven't heard about it yet But no main thing is, you know, I'm in probably two months. I'm moving And I'm gonna build out a studio at my new house and then I'm gonna go I'm gonna be going hard then on youtube So, um, I'm hoping to even you know, get better audio and video better camera better audio better everything at that new Spot so yeah, and you yeah, so that's the house is coming along good, man Yeah, drywall is in now. So, uh, now it's root. We're down to You know interior and fixtures really and flooring and interior paint and all that stuff So not not long a couple months That'll feel good, man That'll feel good Yeah, get yourself a Cadillac barbecue, man Well, I got I got one here at that at the rental. I do got it. That's one thing you gotta have so I got a good good gas grill for sure One of these days Jason I can live the normal life I told my brother I said one of these days when I retire I'm just gonna I'm gonna buy all those things that I I couldn't buy when I was traveling around it We we spend the majority of our time trying to downsize Like we're big on craigslist, man. We we just You know, I get paid to move around with my weight, but I can't stand having a bunch of stuff Because when we move so often, I mean our stuff gets just obliterated scratched up We've got all furniture from you know decades ago since I've been in the military You know moving all over this this fine country So when I do have the opportunity to settle that that'd be awesome And I'm kind of looking in the neck of the woods that you're in actually It's pretty pretty awesome pretty awesome some good value If I told you what we're getting the house for that's uh And then in the square foot in the bedroom you'd be like no, are you serious? Like it's it's a good deal, but really the thing is it's went up They've raised they've since we we inked that contract They every two weeks it seems like she emails us and says another price increase I mean we don't have to pay the price of the crease Especially it's it's equity that's It's just went up like five times We since we since we inked it. I think it's because the lumber has went up and everything All of the market and the markets on fire So we we've got we've built without doing anything Just in price increases. We've built 23 grand in equity. I believe it just sitting here while we're building Yep, I believe it. So it's pretty cool. That's that's great news. That's a that's a good feeling I wouldn't mind offline j if you'd email me over the this but kind of an area that you're looking because I look and it's confusing I look all around lake norman and I'm like on both sides of it and up in the city, you know I've been to the south side there and and I like I like that area. I really do it's kind of tops on my list Someday the south side or lakeside north lake lakeside. It just I don't know. It's got a different feel to it. I think you know Yeah, it was definitely it was definitely a country feel I think down south when we're down there visiting but Right, you know, we didn't get to check out the north side. Um, but I guess that's where all the activity is so it's um Case goals as a best barbecue recipe dry rub or marinade marinated and dry rub it. How about that? Fantastic flavor flavor flavor appreciate it Um, look at let's see Personally, I'm a steady old school stock buyer that dips and will come up eventually just a long J Matt looking for the 10x not saying he's not long with two different stuff. Yeah. Yeah. I mean, I used to be you I don't know how I say to mine But even when I was I was a dividend growth investor for the longest and and we'll be a we'll I will pivot back to that At some point in my investing career um But not right now But I think I think it's one of it's you know, it's one of the the best and easiest styles of investing and and And uh, no doubt it's a pillar for for investing. Uh, you know, so Jason you've got the discord and patreon group as well Can you share that with the group because this will go international? I've got a pretty good You know group of people who are looking for these communities because I'm I've built mine Um, I don't know if I have quite the strategic nucleus that you do So I don't know if it's going to work on my My channel and I'm very careful with Trying to switch the message up or trying to do something like that because I already have my private group Which I enjoy that and I just I don't know how much I'm going to enjoy patreon But I I think we've talked and I think a lot of your Circles of discussion you guys have the ability to go in there and just kind of you know play ping pong with different ticker symbols And I think that's a source of some extreme knowledge. Would would you agree with that? Yeah, because it Another reason it worked with spax is because they are um, and why it's so successful is because it's it's like, you know news breaks And then you got to do research and it's like always real time like researching. So Like with regular common stocks, you know, you Most people have all the that information already you're trying to get out ahead of the pack With spax once they once the news drops in a down in a down spack Season not that big of a deal, but once they're roaring and going up It's very very critical to have timing. Is there such thing as a down spack season? I think I saw the day that it got kind of whacked and I I think that was a good a good move on your part to I don't know if it was instinct or you just felt like maybe the allocation was a little heavy Whatever it was. I mean sometimes you get lucky like that a little bit and You know, but there's still those strategic shots, you know I mean, do you foresee the spack market still remaining strong or do you think we'll go into a lull period or Do you think that like you said, it's kind of tethered a little bit maybe to the tech Right the top nas-tac and when that suffers, it's like I got you got small caps smoke. So they they they operate more like small caps. Um, and I mean and tech is with small tech, but uh More like ipos when you know ipos also sell off. So they sell off violently when they sell off. So like, yeah Anyway, but my patreon is patreon.com forward slash j mac investing And if like but but you got to know that going in this fact that and but the good thing is now My group and the the folks in my patreon and discord now This isn't that first rodeo and now like because it would in the first like in october There was a violent sell-off. I mean it was I was like a babysitter, you know Having having to cheer lead everybody and say look, it's gonna be all right. Don't worry guys. Just stay Why you do that? I mean I ain't gotta tell you to toughen up man. Look, look, I do that a little bit and then I do that And I say that I do the drill sergeant. I'm like, all right. Just stop just stop man Draw up, you know, so but I ease my way into it At first I'm like, all right chill guys. It's gonna be cool. It's gonna be all right But then if everybody's just crying I'm like I put the there's this drill sergeant gift This is you will not cry. You will not I love it. I love it. I throw that one in there But yes, it's fun. So We all have fun with it, but now like it basically this second time around everyone The theme is you know, all right. Yeah, we've been here before so, you know people are growing up So I think the spot market is also growing up where Last time when it when there was a big sell-off and then like a lot of people were scared to come back In this fact this time, uh, I don't think there'll be a longer period where they won't come back. They'll come back interesting Jay I got a couple minutes, man any closing words and then I'll I'll shut it down for friday I've been most enjoyable having you on my brother. It's a treat for me, man And and I just want to thank you again and and uh again, you know, if you guys are new to the live stream here, um, you know, Jay's kind of a mainstay has been with me Now on the channel off and on I've been on his channel too Certainly want to check out his message. There's a lot of other channel creator opportunities as well In the thread so when they come on here in post, this is like gold guys So pick out your circles on social media Happy hunting, you know, if you don't like my message, certainly you can kick over to some of these other circles But we're really trying to advance and push the envelope and make sure that a lot of different opinions about how The many different ways of winning in the stock market are pushed out to the community. So Jay closing words, man No, I appreciate it. I hope everyone has great success and I appreciate you having me on, sir Man, you open door policy Jay be well all the best of the family my brother See y'all cheers, man Awesome. We had a couple minutes anyway. I did post the link in here. I'm going to stay back. I always do This is kind of a cool way to close out the live stream At the end of every week I've had some really awesome people pop in that that don't want to come in and engage certainly and And listen to the message every friday It's a good thing, man. It really is. I think these social media circles are there a lot of fun They mean a lot to me. I I think they mean a lot to you guys We really didn't get to touch on I actually had some pizza notes to get to tonight for the for the message at hand We'll roll those out in due time It's it's always a special treat when I can come on, you know, have a guest on like Jay and Jay's got an open door. So when he pops on here, he helps me run the live stream And that's the way it's going to be on youtube here for the foreseeable future Okay Some some strategic initiatives here. We are going to continue to roll out The m1 finance opportunity you guys can kick over to independent investor group com Very very exciting stuff We will roll out a sale on that but for right now I'm focused on my core group. I did roll out the a la carte in one finance opportunity if you want to seek that out I'm going to stay back and do a little m1 tutorial After we close down the live stream tonight And also a plug for kyle and matt as well Who are my brothers from another mother one from the north and one to the south Together they are my brothers. You guys can kick over there as well. Help them support their project It's always entertaining when I finish up here. I'll kick over as well But a lot of fun tonight, man really really appreciate you guys And your your loyalty to to this channel, man Through following the independent investor channel, man. We hope to embolden your own personal empowerment journey That's the key to it. Okay. I'm doing it I try to put my money where my mouth is and follow along a program that of which I teach along And that way you guys can really try to maximize that potential for yourself. All right guys So with that said we'll close out the live stream We'll catch you next friday at nine o'clock eastern standard time all the best to you guys And I will drop one last link in here after I do the outro guys. Be well Be safe and we'll check you next week