 All right guys we are live here Friday on the independent investor channel the kickoff just a touch early I really want to make sure that we can provide this Back to the viewing audience anybody who kicks in here and really wants to understand I know the title of the videos of touch joking. I get it. I'm a funny freaking guy But I think there's some people out there that can really benefit from from this idea And I've spoke about this through the history of the independent investor channel where Life will sometimes provide you those small injects whether it be tax returns Whether it be a refund for whatever reason that you may may have not have anticipated I Put the stimulus checks in this category and I don't want to I don't want y'all to misconstrue the message I'll apologize right up front If this is taken the wrong way But at the end of the day, this is your money. Okay, and whatever You know thought you have on this money or whatever type of judgment you want to maybe place on somebody At the end of the day, the decision is yours. Okay, what I do with my money is what I'm gonna do with mine What you guys could potentially do with your money and if you're 20 years old out there and you're tuning into my independent investor channel Maybe maybe you haven't thought about your money in this particular light. Maybe you look at it You say well, you know $1400 may not be a whole lot for me But I think the question the deeper question what I'm gonna jump you into the account here early That's kind of why I kicked on is to run you guys through An exercise a real give back. This is gonna be a page right out of my playbook. Okay This is super exciting stuff This has taken years for me to internalize It's something that I would wish upon anybody needs to be more commonplace. It needs to be more readily understood Hell you could teach this to somebody without having any prior knowledge of financial savvy Mathematical savvy and I think it could at very least get people's attention and understanding that We don't get injects of money every day, okay And where a lot of people will pursue a lot of reoption just hoping to get wealthy because that requires Zero thought it requires zero Ability, okay. All it really does is require you to put your fate to chance with the hopes of winning The reality is you're not gonna win Okay, when we get these injects of money We want to make sure that we take advantage of them and again in light of the current situation I think there's probably people out there that are struggling and they're gonna take this money And they're gonna use it for a good cause whether it be debt reduction. I've been there Okay, so don't don't think for a second that I'm a Judging you and saying yeah, it's easy for you to say Ryan. No, no, man I I wouldn't do this if I couldn't come on and tell a story of somebody who's who's been in debt before I've been there the difference between me and a lot of people is that I've taken a conscious effort to get myself out of trouble And and I would expect that you guys can do the same now if you're in a little bit of a different spot Everybody's coming from a different place What I said at the top of the live stream I absolutely meant this is your money You can do with it what you will if you're entitled to or you are eligible for to receive the stimulus This is this is just a way to think about your money in a different light Okay, because I think there's gonna be a lot of people that that end up blowing it for Short-term gratification and there will probably be in at least some form or fashion Either to a small degree or a large some form of regret for just blowing through money honestly that Had every chance of not being issued but did and here we are We're all getting these stimulus checks in the mail And I think a lot of people are asking is this my opportunity to get my start and it could absolutely be just that so I'm gonna jump in and I'm gonna show you The stimulus portfolio will be provided in the description of the live stream I actually don't anticipate a very large audience tonight. This is kind of the The section or the timing of the year when everybody's getting excited about the summertime really trying to close out the winter and I've been super busy. I was super busy right up until the live stream tonight But wouldn't miss this for the world if you guys are tuning into the live stream for the first time Welcome, my name is Ryan. This is the independent investor channel. It is the fastest 60 minutes on YouTube But it can be an empowering one and if you've got a little bit of time to devote which I don't think a lot of people Will take out the time out of their busy lives to Give it a chance See what it can mean for you See what looking at a wealth-building strategy with a different lens can maybe potentially mean for you I think a lot of people are scared of success. I do. I think they'll make up every excuse as to why they Can't justify pursuing for whatever reason. I don't know But for those people out there that are willing to at least give it a shot. Okay. I'm not one of those YouTube Urrs Whatever that means I'm using the conduit of social media to share my message, but I'm hardly a youtuber, okay I up till I do this side project every single Friday night I'm usually spending my time either spending it with the family or working on my regular day job but I am in fact an investor it is my absolute passion and It's a lifelong project of mine to bring as many people to the message that I possibly can Why do I do that? It's because I think there's a lot of people out there that can benefit from the message Okay, and this isn't about being the most successful investor on the landscape. It's not about that at all It's really about getting the investing piece really dialed in So it can be kind of a means to an end later on down your life. Okay in other words as your wealth-building program grows over time and It can really be that answer to a lot of different things. Maybe it's a An unforeseen health condition. Maybe it's an opportunity to help a family member in need Maybe it's an opportunity We're not provided before now you have the ability to maybe help a friend. Okay? Make a purchase that you've always aspired to later on down the line, right guys The whole idea here is that you internalize how I look at wealth building and Maybe take a page out of my playbook because if for those that have been with me a while they know I'm a dreamer There's no doubt. It's what keeps me going. It's what keeps me driven I'd like to think for the good of the world that I'm not the only one out there that Has aspirations has dreams, right? And so the question becomes well, I'm a pragmatic thinker So how am I gonna get to those those ends and you have to be able to make certain sacrifices And this just might be one of them Maybe you want to take that stimulus check and blow it on something frivolous But maybe you want to step back and you hear a message like myself and just say at least this guy's proposing a alternative Option for me. I'm gonna go blow it anyway But stick around a little bit at least I can be provided the opportunity to roll out How you can take a $1400 stimulus check and get yourself off the launching pad? Because I think for a lot of people that's when you have the least amount of validation for investing, right? It's when you have the least amount of confidence in your own ability Guys if you're out there and you're coming to my message for the first time and you're saying, you know I don't I don't have the expertise. I I I don't know what I'm doing Okay, investing is extremely difficult. It's something I've always been interested in But it's something that I maybe can't succeed at because it's too difficult. It's it's it's too it's too much for me I don't have the time to devote. Okay, if you can let some of those barriers go and just sit back and look at investments a little bit more philosophically Like I do It's not necessarily what you invest in that's important It's how you invest that is in fact important and if you really heard what I just said That's really the piece of internal motivation that I want each and every one of you guys to take away From the message here. So with that guys, I'm gonna jump in I do want to show you the M1 portfolio here This is a great tool. Yes. I am still here This is the stimulus portfolio. This will be provided in the description of this specific video I built this for you guys. Okay, so if you want to click in there You can I did leave the link in the comment section at the top of the thread It will go away as more people make their way into the stream As we did kick off a little bit early because I did want to kind of show you this 50-50 hybrid breakdown that I've got a Lot of people have commented to me that they really really enjoy this aspect Top line dividend yield 2% not too shabby nothing to shake a stick at and then a 50 holding Here with an anemic expense ratio, you'll see why that's important here In in just a second and then the vanguard's total market ETF So one out of every two dollars is going to go into the vanguard's ETF The rest of it I've assigned to the 11 sectors of the SMP and went ahead and just cherry picked my absolute favorites Now toward the bottom end here. I did supplement some of these lesser Represented sectors with some of the sector specialty ETFs, which I think really Compliment this portfolio well and it and it really really helps for you guys to divide this up But if you jumped in the let's say health care and saw how I How I how I did this how I broke it up. It's it's got all the best out of the sectors as far as I'm concerned So you guys are welcome to kick in there at your at your leisure to make to check that out And I built that for you guys. So that is at the top of the thread here And that really is the portfolio now if you kick in there the portfolio is already built You can invest in it. You can adjust it to your liking think about it just as a framework Okay, don't think about it like well Ryan's a nice guy. He just built me a portfolio for free The the links are all affiliated on my program So I do get some level of compensation That really means nothing out of your pocket, but I do have to disclose that to the viewing audience I'm rooted in with M1 Finance man. I think they're legit. I think they're awesome I have two accounts myself and I've done nothing but watch my accounts grow over time. They've really really Just pleasantly surprised me over time and I think it's a strategy that can be duplicated If you don't like the 50-50 hybrid mix, I started it that way to split it right down the middle So you guys could kind of look at it and say well Ryan's looking at a 50-50 blend, which is my optimal Pursuit of portfolio balance in other words, I'm looking to deploy a 50% passive approach like I do in my passive Accounts and I also look to deploy a little bit more of an active strategy with a little bit of speculation on top of it But not to get too advanced. I've been building the portfolio for a couple decades now. So I've got You know, everybody has a starting place I just roll those out for your transparency as we'll do tonight on the live stream as well So you can kind of get an idea of what's possible. Okay, but I want to remove this a little bit I want to show I want to show you guys another one if I can We're gonna share this screen with you guys I'm gonna jump over here I'm gonna show you another exercise and I just want to run you through. I've already I've already identified this for you Let me jump in here for a sec Okay, fantastic. This is the comparison of the fees. I've already set this scenario up here Let me cruise back here. I want to walk you through So so really for the live stream purposes and everybody's talking about their $1,400 stimulus So I've already set this up and I ran this just for fun But I'm gonna do two scenarios for the live stream Obviously, you guys can come in here and you can play with this as you see fit But this will really drive home the point She can enter in the number of years here that you have and some of you guys at 20 years old or excuse me With 20 years of an investing horizon may want to just contribute $50 a month to this This is the expense ratio for those of you guys who didn't Observe that within the M1 portfolio So if you take that portfolio that I just showed you and put it to work This will give you some indication of how this is going to perform over time So now we're not talking about 1400. We're talking about in 20 years That turning into a $30,000 bill now pay particular attention here to the fee structure This is comparing the fee structure of the point zero three to a fee structure of one and a fee structure of two Just for example sake Obviously with the $50 contribution over the next 20 years, you're gonna have contributed dollars of 13,400 So, you know heck over, you know, what is it? 16 or so thousand dollars of capital appreciation not too shabby with a start of $1400. Okay, so it's gonna turn into 31,000 over 20 years not too bad This kind of goes to show that a lot of people lose that perspective when they look at Wealth building and they think you know what what am I giving up by opting for that $1400 to an investing program? Well, it goes both ways, you know, you're giving up this aspect of it as well And and this is the very lesson that I think a lot of people need to need to heed So I will skip over the 30 year example, but that rendered a hundred and thirty thousand dollars after 30 years And all I did was increase the Additional contributions to a hundred bucks per month. So that just gives you an idea a lot of people are like man Ryan, I don't have a hundred dollars extra per month You know, can I start with 50? Well, yeah I started with 25 and you can run this example to be a little bit more specific to your own situation So I'm gonna pop this up to 40 and then I doubled the contributions from 100 to 200 dollars And there's gonna be people out there that are like, yeah, you suck, Ryan. I can do 500. That's awesome If you're if you're if you've got more to contribute, that's great. That's totally great You can run your own specific numbers, but for the masses I really want to push this out so it can demonstrate the points that I'm trying to make here is that you know By taking your stimulus and spending it on something frivolous This may be potentially what you're giving up on now at the starting amount is 1400. That's the constant It does not change, right? So this is the beauty of it. You're contributed dollars over the 40 year cycle Now if you're 20 years old and you're catching this for the first time You're contributing less than a hundred thousand dollars, but your capital Appreciation has netted over a half a million dollars, right? So not too shabby by just taking your fourteen hundred dollars and getting yourself off the launching pad and the real take away behind My message and a lot of other messages out there And I I really wish that other people would explain this the way that I do because I don't see a lot of doing this Okay, and and the real difference is the real key is here this point zero three is the very M1 finance portfolio that I showed you and when we compare the fee structure of 1% and 2% respectively the difference here is a couple hundred thousand dollars, right? So that this is where we talk about the total potential of your money really being hampered over time If you're opting for a managed situation, okay? average industry Management fees averages between two and three percent between the mutual fund fees Expense ratios right and the annual fees that and the dollar cost average fees that they have fixed To the accounts and a lot of people accept them and they don't understand the ramifications of those decisions Well, the ramifications are here at just over 200 grand over the course of a 40-year Investing time cycle. So we'll kick back in here. So I hope you guys appreciated that You know, just just a quick just a quick tutorial on what I feel is Missed all the time. It really is and when it comes down to the mathematics the why you invest and Especially the the how you invest That that that really speaks to the why and if you can really internalize and say, you know what? You're right, Ryan. I can't I can't make Apple stock consistently go up over the next 40 years Okay I'm an investor in Apple stock and it's a great company But I think we need to shy away from more of the focus on individual equities And we need to focus on more of the life building or wealth building from a structural perspective Now I gave you the goods. Okay. I gave you the backbone through the m1 finance portfolio And aside from the sneaking another link into the comments section It is in the description of the live streams over you guys that are catching it after the fact You can kick in there take a look play with it, you know Get used to m1 finance if you have trouble with it. She can hit me up a lot of people do that's totally fine But man, what what an empowering message to be able to potentially get a basic framework portfolio that can That can demand such a low expense in the portfolio at point zero three. That's unheard of When I first started investing I didn't have access to ETFs. Maybe I did. I had never heard of it before Nor did I have access to index funds in my passive portfolio. That is what I exclusively invest in ETFs and index funds in the tsp But predominantly ETFs and and I've chosen to opt for vanguard If you guys opt for another Uh product offer like a fidelity. Okay, you can do that. It's that's no problem And this is where it starts to wow Click and the light bulb starts to go off and you're like man, this this is awesome I do prefer fidelity. Ryan just said I can invest in that Absolutely the products from broker to broker Really don't differ that much if you're talking about comparing Like broad market exposure and comparing those two products. For example, the smp 500 From a state street is going to be very very similar To an smp 500 product from vanguard. Okay, so we don't want to get caught up in the measly details Again, it really kind of comes down to preference A lot of the way I feel like a lot of people may get caught up in the details of choosing their brokerage account to which You know, I think a lot of people are opting for brokerage accounts for one reason or another Just remember from my perspective at the end of the day The brokerage account is just your direct conduit to the market. That's it And I will mention after this exercise and I'm glad we got to start a little bit early and kick off that exercise because Anybody that missed it can go back and watch that quick 20-minute tutorial that I just ran 15 minutes can really change your life And I always run those scenarios as if I might be might be Sitting across from the younger Ryan Talking to him and saying what is it that you could have potentially done different in your life? And if you were looking for a particular portfolio, all the holdings are in there All you have to do is go in there and look at what I've done And if you disagree Certainly, it's amendable. You can change it however you want But the idea is that we're breaking down barriers and sharing information Through the power not only of social media But the power of m1 finance not to be duplicated and not to be overlooked with the ability for me to put my knowledge to work And build the basic framework for people who don't have That advanced level thinking enough to put the portfolio together But can absolutely benefit from at least going in there no cost to you, right? It's free of charge, man So I just gave you a priceless empowering message Free of charge. We're just now starting to get rolling on the independent investor channel, man So really want to welcome everybody making your way in. I know everybody's busy I know everybody has got, uh, you know, their their lives going on But for the devote subscribers and new visitors to the independent investor channel never hurts to take a money minute Put a little time aside for your financial savvy I think once you find that you engage a little bit on this craft from a perspective of making it more of a discipline Uh, I think the better off you'll be and you'll start to see some real tangible results Whereas before you may not have thought it possible. So welcome to the independent investor channel live stream We'll kick it off guys So want to welcome monti to the to the group here monti came on and uh I was cordially inviting him on to the channel brother. I hope I don't disappoint But you know, I I always look at the social media opportunity in a couple different ways I I never know who's going to pop in I've got a small channel. Okay this and I think it's somewhat irrelevant to be honest with you I would do the independent investor channel Without any subscribers. Okay I I don't think it I don't think it bears a whole lot of of weight to the impact that we could potentially make And so as you experience this opportunity monti and I I know You went back and and did what I need to do watch one of my first videos Uh, that was uh, kind of a scary feeling man If you've ever tried to sit across from a camera and film yourself Talking about finances. It's it's kind of one of those things to where it's like man. Am I am I doing the right thing here? I've done nothing over the last three or so years Of of validate That we are making a difference in some lives Big differences and and others Maybe we're not making such a difference at all But I think a lot of people just enjoy the aspect of of community And talking about a topic That I feel like a lot of people don't talk about and they don't talk about it enough When it does get talked about I think it gets talked about in a light that um, I don't think Speaks to the real opportunity within wealth building I I think sometimes the focus is in the wrong place I do And so I think If we can break down the message to make sense to all investors Look if it's your first opportunity and I there's going to be the majority of the audience that make their way On and they're eligible for a stimulus Okay, so I'm not going to sit here and say, you know, I've had people come to me and they're like ryan. I'm dead broke Okay, I've been there done that It really is just going to be your free will that's gonna that's going to pull you out of that and or You're gonna have to have the ability to say, you know what? I want this for me. I want this for me and my family Um, I'm not going to be able to do thousands of dollars on the onset But if ryan says I can start with 25 bucks, hell, maybe he's right. I don't know. Maybe he's completely dead wrong I don't he's just a social media guy I don't know. I've always been told I can't trust anything that comes through social media for the most part. You're right You're right But think back to the compounding calculator that I just showed you Not only are you able to put that 25 figure in there and see how the effect of time Really exponentially grows x number of dollars. It's just an exercise in mathematics That's all it is So you start to build in some justification and some structure into your thought in understanding Why you would even invest right? Why would you take your hard earned dollars? Maybe that 25 is hard to come up with Okay But man, if you can justify that and you can start to get over your own barriers to entry That right there is the absolute key to wealth building. It really is and it becomes less about picking the perfect stock or or becoming lucky or or becoming You know that one investor that picks that penny stock that goes to the moon It becomes less than that and it becomes more centered around the reality of the mathematics Okay, and it also becomes less about the opinion of a youtuber myself included, right? That's why I typically try to remove myself from the conversation as much as I can And make it more about you. Okay, because I know where I'm going Okay, I I share that openly with my channel and have for the for the history of the channel But I'm really more at this point interested in what it could potentially mean for you Because if you don't have any invested dollars Saved to cash or or you've got any invested capital saved to a brokerage account or an individual retirement account Maybe this is your call to action Right and maybe this is your opportunity to Seek out a better place, right? And I think a lot of it comes down to one word and that is discipline It really does it comes down to the ability to separate from your money and not get consumed by that Um, I don't know the first thing that came to my mind when I heard that we were going to get another stimulus check was What buckets is it going to go into? And and that really is a deeper place. You want to know what else is a deeper place. Here's another page out of my playbook I've got 70 people in the live stream right now. You're hearing some good stuff. So stick around Don't tune this out. It's important. Okay When you can get to a deeper place in investing it's all about Hearing what I'm talking about with the 25 dollars But getting to a place where that money just goes into the accounts without you even noticing And I will say something even more scary It will go into the accounts and you'll never ever think about what you're missing out on You'll just accept what is Right, that's a higher place in investing is that once you get into that discipline I've said many many times on the channel I don't know what it would be like to just take my entire paycheck and just blow the whole thing I don't know. I don't know. I haven't done that for years and years and years And I have no idea and I do have sympathy for people out there who feel like they're rubbing nickels together. Okay But rubbing nickels together is very very relative Okay, and you can't have your cake and eat it too You can't Don't come to my channel and say yeah, it's easy for you to say You you've got all this money Ryan. It's easy for you to say I'm struggling month to month to make ends meet I've been there And I have done that. Okay I've been on the wrong side of zero. I've had lots of credit card debt in my life And I've fought my way out of it for the sheer for the sheer purpose of of and realization that I needed to change something and I think at that particular juncture, I would look at those times in my life as real learning processes Because I look back and I say well, would I have done it differently with what I know now? Well, that's not reality, right? So we have to chalk those Those living those life lessons as just that learning experiences Would I be where I'm at now if it hadn't been for those lessons previously? So you might be saying gosh, Ryan, you're really circumventing this bridge to wealth for a lot of people Yes, that is true as long as you can take the information and do whatever you got to do To to unbear your your mind Okay, you've got to make this make sense for you Don't just take what I say cart blanche and say man Ryan's really passionate about this and he really seems like he's right Which I am I'm right Okay, but it's only right if you can make it make sense for you make it fit into your situation If $25 is the dca amount then great. That's the number that makes sense for you If in fact you do one year two years five years and you're like, you know what? $25 is to that higher place. I am contributing to that and I don't miss that money man I want to do more. I want to up it to that 50 or 100 or more You'll get to that better place because you've you've conditioned your mind to understand that Maybe there it is and maybe there was a little bit more surplus capital in your budget than maybe you initially thought Right because initially remember what I say about the new investor You're about as ill prepared to enter into an investing program You're about as ill prepared because people don't like to change Okay, they get caught up in habit forming behavior and they have a hard time breaking away from those habits Right and entering into something they have not what but one day of a validation of it's a scary proposition. I get it That's why youtube especially ones like mine and others Play that important piece In providing you those testimonials and letting you know that maybe it's not as scary as you think that it is Maybe that maybe the pasture is a little bit greener on the other side Okay, you know, what what is the predestined route by staying in the rut that you're in In other words, do you know for a fact that by staying into your habitual? habit forming behavior of Spending the inflows that you get automatically when you get it is going to take you to a place that that you can really aspire to Right that that's a question for you that you really need to take a step back and I don't be honest with you guys When I look at those prospects they scare the hell out of me You know they scare the hell out of me I know at some point each and every one of you guys myself included are going to be reflecting back on our lives And everybody's going to have a little bit of regret in some form or fashion, right? We all make mistakes. Hey, maybe I wouldn't have done that and maybe a little bit of regret is is life in general, right? I think the idea is that we don't look back on our lives and we say man I really eft up in that category. I I really miss the boat, man I came into this independence investor channel and instead of opening up my mind I closed it off because I wanted to argue about frivolous stuff You know, I I wanted to say that he doesn't look right or he comes on to youtube to prove a point in bare feet And and I just don't like that. I'm extremely offended by this guy for what I don't know I can come across this cocky Maybe maybe that's maybe there's some truth to that. I don't I don't know I'm very very confident in my ability to build wealth And that confidence comes from the real results that I roll out once every couple weeks through the channel, right? Now I could just take that and run with with it to the hills and not and not share what's possible But I I think retail investors need to do a better job of acknowledging success within the retail investor crowd Instead of trying to pick on each other and and break each other down I think it's super important to really acknowledge successes because I can tell you what guys folks that are making a hundred and a half in a household and I've got some net worth put aside I guarantee they're looking at this stimulus the same way that I rolled out at the top of the live stream In that it's their money. They're going to put it to work in the best capacity that they know how All right And all I'm asking you to do is take a step back and maybe Maybe identify a few alternative strategies a good strategy that I like to deploy is when you get a little windfall of money Sit on it for three days Test yourself don't spend a dime of it Make sure that you can keep that money set aside and keep it away from yourself Deploy a little bit of discipline on the onset and that'll give you some time to actually think You know I'm saying With that guys, I'm going to drop a little invite in here. Uh, I'm going to drop an invite I know the last couple weeks have been running the live stream myself Um, but I do want to get to some of the the questions tonight. I don't know how much portfolio reviews I'm going to do there you go I just dropped it in there if any of you guys were waiting to come into the live stream tonight We've got plenty of time. That's really awesome. We'll go all the way to 10 o'clock tonight eastern time So I I think that the time is appropriate The channel does suffer when I do go over the 60 minutes If you guys have to know that's the reason why I shortened it in the in the first place But man, I miss doing the longer live streams I really do it just seems like the time goes so fast And I have so much to say so much to teach And I know I can't get to everybody But I I need to understand that if somebody's going to make their way to my message Within a small shot in time. Okay, let's be real Okay, if somebody's going to make their way to the message I want to make sure that they get my a plus effort and they usually do because Um, we're fairly small But we aim to please we aim to please from a different perspective and that I want you all to find Seek out first and find that empowerment piece that's in each and every one of us Um, I I'd like to think that we live in a world like that I would I would and until I'm proven differently. I'm going to keep marching to the beat of that drum. All right Very cool stuff guys. Very cool. I'm a I'm a cruise to the top here I I have a couple people I don't know Monty if you tipped me twice and you meant to do that or you didn't mean to do that I can certainly send five hours back to you brother. That's that's all very very appreciated Really appreciated. Thank you very much um What can I say? I'm I'm humbled help support the channel and um, hey man, that that's awesome and alex is my good friend alex is cool because like okay, so this guy is like one of those examples of somebody who comes into a social media opportunity very very sharp and these are This is one of those guys that has one of those sharp sharp investing minds and I know they're out there And and I I know a lot of you guys could probably benefit even if you don't know investing very much Check out blood phantom 81's channel. Just click on a couple videos, man. It'll take you freaking a couple minutes Okay, a couple minutes out of your time what I'm finding out about social media is though a lot of people don't have a couple minutes I beg to differ because I'm one of the busiest guys. I know and I always parlay time for people I always do all right. It's super super important, but I think from a community perspective It's really just it's really awesome to get to know folks like this that let's be real I wouldn't have the opportunity to meet had it not been for the power of social media alex been on the channel He knows it's an open door forum on the independent investor channel always welcome and uh, you know, his success uh, resonates and his success individually really speaks to The mission that I'm stomping toward Yeah, yeah that degree of separation for individuals where before they may not have thought it possible I'm here to tell you it's possible and it's possible on so many different levels Where you may think it's impossible when you start. I don't know enough Ryan Guys, I've heard this like a broken record when people come to me and they seek it out and they're like Man, I heard you're the investor guru No, I don't even know what that means. I don't but I can talk to you about my discipline And and maybe you can take a page out of my playbook and deploy some of that discipline or even better Start to learn a little bit of that discipline for yourself. In other words Anybody has the ability to sit back and say What is it that's gonna work for me? You know, I watch this guy this independent investor channel guy and he rolls out a lot of tools He speaks really really fast and half the time. I don't even know what the hell he's saying But man, there's a lot of tools there. He talks about vanguard He talks about the brokerage account. He talks specifically about bank of america and fidelity and and m1 finance What what do these mean? How can this make sense to me? Does it make sense to me? Can it make sense to me? right And so if you if you sit back and you really really want to engage And you really really want to start on on a strategy and start to align It's not going to happen for you overnight. Okay, and it's interesting how so many people For whatever reason we'll seek out answers. Okay? You seek me out. Hey, you're the guy. You're the guru. No, I'm not I know a lot of people a hell of a lot smarter than me Okay, but I guess the irony in that whole thing and it's one of those life Deliberations that I that I think about all the time, you know, why why in my mind do I know where I'm gonna be? Why Are other people like me? Do other people think like me are are are there people out there that have the capacity to think like me? Think like a dreamer think and grow rich, right? I I concede that the older I get the more I understand the wealth building is is right between the ears It's it's all mental all mental and you think how is that possible, right? You can't well build without starting an account and buying the product. Yeah, but I've said many many times throughout the years That's that's the easy part Whoa, you're blowing my mind. That's I don't know what stock to buy. It's you're missing the point Start with the fundamentals first. Okay Ask yourself the five questions who what when where why and how Okay, who are you investing for? Why are you investing? What type of investor do you want to be? What's your investing time horizon, right? Have you identified a few brokers? Have you even spent one waking minute doing a little bit of research on a cross comparison between brokers? Guys, we live in the era of google. Okay, and there is really no reason why questions need to go unanswered anymore Yeah, if you want to know the answer to a question, it's there All you got to do is google it Okay, so it doesn't do any good for me to come on to social media youtube etc and say This is the best brokerage out there, which I don't believe that I don't believe it M1 finance is going to provide you Entrance to the market. I I think some of the batch order things that robin hood M1 finance and first trade I don't recommend anymore on the channel either Is a lot of reason why I differentiate between the major and the discount brokers, okay But there's not that big a disparity guys, you know, if you're really serious about a wealth building program I concede that you might want to look into establishing a Roth IRA first There's only so many brokers out there that are going to offer that product Right, so if you start there and and you start contributing to that and start along the path of of tax protection Which is another aspect that I didn't even show you on the Trading academy exercise that I ran at the top of the live stream. The tax protection is incredible. I've got about 66 or so percent of my wealth right now That's tax protected under the envelope. Okay, say man Ryan, how did you do that? Well? I started the accounts, okay? You got $6,000 to work with on your max cap for 2021 contributions, right? Now if you've got $6,000 and you can fund that with no problem, okay, you're often running All right And then it's only when you can comfortably fund that Roth IRA account over time That that you can come to me and say hey Ryan, I'm ready to start a taxable brokerage account How do we roll on that? How many should I have? You know But but but start somewhere Start with the Roth Maybe for a lot of you guys it's starting with the 401k Maybe for a lot of you guys, no, there's a lot of military contingent that follow me for freaking obvious reasons, right? I've got a affinity in my heart for the military right But you know if you've got those layers already existing in place Maybe you're ripe to add a couple more layers to your existing program and it never really stops Okay, I've got three four. Yeah, three brokerage accounts right now I've got the tsp and the two Roth IRA accounts some multiple accounts, right? With different strategies and as you grow and evolve with me, you'll get to know what those strategies are I leave no stone unturned on the independent investor channel, right? Why not? I think people would look at what I do and think you're crazy. You're crazy You you share your portfolio online. Yeah Yeah, I do I do. Why do you do that Ryan? You're crazy. It's because I pride myself. I'm not thinking like others seriously How influenced are you by others? All right Find yourself to a better place and start to be influenced by yourself Now this stuff will make a whole hell of a lot better sense to you once you see that light And it'll be much more fulfilling as well in life. You'll make mistakes. You'll own them You'll have successes. Um, you'll be you'll be modest about those successes But you'll acknowledge them, right? But it's but it's about you your successes will be yours and yours alone Right. Yeah, and you'll you'll you'll enter into a place that um I've enjoyed for years and I could only wish that upon everybody because The money is the money is the money You know, it's going to be at a place at some point in my future but as far as perspective on this life and understanding how awesome it is and I'm humbled at the opportunity to sit across from a live audience. This is one of my favorite things to do on on youtube um I do have some some things that I do that are providing Some income through the channel and when I started this game and I monti can tell you if you go back and watch my first video Shit, it's funny. It's funny. I'm like I'm you and the investing and the self-managed roth IRA is it's good Yeah, and that's what happens when you first start and I look back on that in retrospect and I say Man, I did it because it just felt right at the time And I wouldn't have changed anything for the world. All right So we'll do a quick roll out of the portfolios tonight. I think we were we were down week over week and then the market I didn't pay much attention. I was super super busy with With work commitments this week. So I added a few Strategic injects to the portfolio. I will highlight those This is a taxable brokerage account Very satisfied with some of the value action in here AT&T being one of those approaching 30 lockheed martin has really come off of a of a real base So so I'm I'm satisfied with that action. I did add just a little bit back into general dynamics And then you'll see there that I did sell some premium down at the bottom on 100 shares of bank of america At an entry strike of 31. I just think it's overvalued here. I'm not willing to pay 38 dollars For bank of america right here. I'll wait and I'll collect the premium on the 31 strike On the put side and be happy. I did it's no big deal, but nothing else too crazy I think I put half the position back in ulterior group Yeah, but that's the taxable brokerage account. That's the larger one there I'm obviously a little cash cash rich and we are down just a few hundred bucks week over week nothing too crazy You guys I put no value in that whatsoever. I declare it for entertainment purposes only And I I think it's fun to to watch and track how the portfolio is I mean if we have a 20 percent downtrend in the market these portfolios are obviously going to suffer because these are real These are real portfolios. They they will suffer But I'm a long-term investor And the Roth IRA number one here almost fully invested probably a position that I'm Not entirely happy with but it is what it is That's how it's shaken out and just to acknowledge that I feel like I'm a little Stock rich cash lean Right. It is at least a fair acknowledgement Nothing too crazy in here added disney back in a small position And that's about it here to report on this portfolio. Yeah, I mean I'm I'm obviously happy about welts fargo It's just been on fire off the base doubled since the base. So we're good there and Roth IRA 2 Just below the 120 mark down week over week a few hundred bucks nothing big Actually, I think these are a few thousand down. I don't know. It doesn't really matter No strategic injects here to really discuss. This is kind of held true. Yeah, I'm looking over it now It's all good Yeah, vym has really just been a nice shining star in this McDonald's has done quite well j and j over the last quarter has just been fantastic Um, obviously facebook had a great day today. I don't know what the news was I was way too busy to cover it. So I I don't know what they what they did But it was up 12 bucks to share today facebook's fantastic if you had, you know, listen to my awareness pieces You would have known that I was pretty bullish on facebook and have been for quite some time It's a good Okay, here's the etf portfolio. So for you guys that do track I don't want to be one of those youtubers that come on to social media And intermix the success that I have with the little bit of revenue that I make on the channel with my investing success Okay, and this right here This is just one aspect of the avenue stream or income stream that I make on the channel This has always gone into this account and it's evolved into what you see here This is the vanguard special ttf portfolio approaching 15 grand. It is what it is. Haven't touched it in two years passive investing baby I've done nothing. I share this portfolio openly on my channel as well if it fits for you great if it fits for your kid Great It's a cool way of investing and at least if nothing else you can kick in there and see How I've divided up that portfolio and awarded specific percentages to each of the sectors This is the newest addition. I think to the portfolio family This is kicking some ass This is a good one. This is a lot of fun Again, kind of a hybrid the reason why I did the stimulus portfolio the way I did for you guys is I gave you Kind of a mix of both worlds Right so 50 50 between passive and active investing I can put just as many pros and cons into each bucket category. That's why I do what I do Okay, I I'm not one of those investors that come on to youtube and say i'm a passive investor and anything else that you do Sucks. I'm not like that. Okay. I like to deploy it all. I've got some spec in the portfolio I've got some large cap growth in the portfolio You know if you came to me and said hey ryan, do you like netflix? I do I don't invest in the company for my own personal reasons But to each his own Okay, I'm not one of those guys that is going to come on and say Hey, my way is the definitive highway as a matter of fact. I'm a complete opposite to that approach In that you can carve out your own piece to success on the stock market the way you see fit This is just how I see fit and what makes sense to me So just shy of 15. This was down a little touch week over week about 100 bucks anyway But the coolest part about this portfolio is this is starting to render some serious dividends And like there's 69 holdings in here So you can imagine each and every one of them are dividend payers So these suckers are paying all the time boom boom boom boom boom And as you start to really get some churn going on this this is going to be a moneymaker right here I I can't wait for the day. This will get to a hundred grand. It will it's If what I talk about scares you guys and you you're like, dang this guy's an arrogant asshole He's talking about a 15,000 going to a hundred I've already been through milestones in my life to prove to myself that it is possible And that's what I mean to share with you guys if your portfolio is a thousand bucks, okay? And you haven't made that first $2,500 threshold 5,000 10,000 25,000 50,000 100,000 250 500 And then on to a million bucks. Those are the thresholds of wealth building Okay A lot of people get it into their mind that they cannot make it to that first 10,000 anyway And they throw in the towel. This is why I mention this Okay, will this portfolio be at 100,000? No doubt in my mind. Look in my eyes. There's no doubt in my mind I contribute $50 every two weeks to this account Okay Can take some fundamentals out of what I say and you know for you guys that Don't want to understand. There's not a whole lot I can do for you But for those that do you'll absolutely hear what I'm talking about it can apply to the masses Here's the tsp for the military government I roll this out very very infrequently on the channel But this is approaching $50,000 bill PIP at 33 the allocation does not change. This is 100 passive. I don't touch this Okay Options the leaps remain the same as Cisco and Exxon Puts on highly on those are great puts. I wrote those contracts a couple weeks ago Those are fabulous contracts. I think those roll off March 26th If I told you guys correctly But the the strike on those are 10 and a half and if it hits 10 and a half I'll buy the stock right But otherwise I'm going to sit back and collect the fat premium And bank of america. I just bought that contract. I sold that contract today Strike on that contract was 31 dollars. I just I refused to buy the stock here Options are doing a funny thing for me and my trading philosophy and application. They're giving me options A little bit of stock humor for you Come on guys lighten up man. This topic actually can be fun And there's the portfolio net value. We track it. It's down five grand or so About four grand something like that week over week again. This is irrelevant to me But I do roll it out because it's an it's an aspect of the live stream that I think people can look forward to and say Hey, how's the portfolio doing and there it is. That's what we're working with So when I talk about accounts starting with 1500 dollars, I sold my first Mustang blah blah blah Right. You think man, that doesn't apply to me Wake up. You're getting a $1,400 stimulus check I just showed you how you can turn it into 30 grand 130 grand I didn't show you but I told you But trust me the math is there if you'd like to validate it people will too They'll go on and be like, oh dang right. I checked that 130,000 calculation at 30 years a hundred dollar contribution You were right. It's not about being right or wrong. It's just the math of it I don't it's it's a beautiful thing mathematics is is one of those fantastic philosophical beauties of of our life. It's it's awesome. And then the 500,000 over 40 years So, you know, it wealth building is possible for all people Yeah, it's possible for anybody There's nothing that I have done that's that special. It's just that I'm spend a little bit more time applying Then the average bear, right? And I think that's why a lot of people come to the message They get motivated. They get some inspiration from me and they should they should the criterion bar is very high for me In that in that I would expect that somebody is sincere. I am I would expect that somebody has results. I do I would expect that somebody has experience I do Throw in a few dry humor jokes there and a partridge in a pear tree and there you go Man, you got the independent investor channel all wrapped up into one nice little package every Friday night Mm-hmm Glad to be part of it with you guys and get the comments for the last Section of the live stream man highlights and folks man again to highlight the first visitor of the night. Absolutely Remember that the portfolio that was shared for you guys and I want to lose track of time I got about 17 minutes on the live stream. It is freaking amazing How when I do this live stream how fast time goes it's just amazing Isn't that amazing? Right if you're having fun. It's not work. Is that how the saying goes? I I would love to make investing more exciting for people. I really would I think a lot of people look at it and they're just like they're afraid of it or and they won't engage because They're afraid for whatever reason or the next and And I don't know man. I give a lot of tools to help with that. I really do um, don't invest Excuse me don't invest money that you're afraid to watch fluctuate or if you are afraid to watch your money Go up and down Look to align your Product with your own investor strategy and your own risk tolerance Right run yourself through the exercise right if you invested a hundred dollars You know next week because you're fired up after the independent investor channel live stream and you invest that hundred dollars And it goes down twenty dollars on monday And you're pissed off and you want to come back and you want to punch me in the face Maybe you need to adjust your risk tolerance a little bit Because i'm going to look at it at you and say Really? It's 20 20 bucks You know And and for a lot of people man that they look at it that way because they're so attached to their money They're so attached to the dollars and cents man, and it's like no no no no I want to be able to take that inject and I want to be able to Spin it because the feeling I get for spending that money They have a real hard time separating themselves from their money And putting it into an assets bucket to have the ability to work on its own Right It's all about what's upstairs. That's for sure That dividend driver james in the house a good friend of the channel man for sure Ish departed a family says how you doing i'm doing fantastically fan tabulous I always am I'll walk away from this live stream, and i'm i'm the same fellow a little more chill You know I I try to I try to amp it up for the live stream. That's for sure Is apple a buy here? I do believe so You know by historical metrics price to itself. It is overvalued You know I it's just amazing I'll sit there and watch apple stock go up every Stinking day and then I'll enter into the stock and it'll do what it's doing now And go down I think i'm down about a g on apple right now just because I entered into it at the wrong time You know bought a 50 share position and You know apple's one of those stocks really the portfolio just doesn't look quite right So in a lot of portfolios that's looking to seek out a little bit more of an active profile Man, what what else are you going to buy in the technology space? Right without apple microsoft sysco. IBM. Maybe some broadcom. Maybe some visa and fintech Right. So your portfolio looks a little anemic. You want to talk about big tech growth, right? You're talking about your your crowd strikes your sales force.com. I own them all Right So, you know when you start to to to parlay the portfolio a little bit old chip intel, etc I do own broadcom. That's one of my favorites. I know a lot of people like qualcomm um, I I've looked at it multiple multiple times texas instrument for example Lots of other ones, you know, lots of great great companies out there But it just kind of depends like if you own the s and p 500 Make no mistake. You own a little apple apple stock And if apple really suffers on us, it'll drag the the broader market down So I own apple in a lot of different capacities and I do own a 50 share block and i'm i'm getting punished for it By by by the untrained eye. I really don't care. I'm happy to be a stock owner in the company And I think you're better just to remain bullish on the company choose to own it long term And don't really try to justify selling yourself off of the position being an investor Yeah, apple's a good place to start. You bet Microsoft same thing Number one and two And I they're interchangeable as far as I can see I did I did pop on a little early If you guys are making your way. I did do a tutorial at the top. I shared the m1 portfolio the stimulus portfolio I really wanted it to hit home I didn't want to just come on and do what I normally do and do to do the machine gun mouth And nobody can understand what I'm talking about Right, I think some people probably have to replay this in slow motion to really understand what it is that I'm saying But if you want to go into that portfolio, then I make it hit home with the compounding Calculator right super important. All right, and Robert Cardwell says 1400 is a lot of money when compounded for decades That's the idea It almost seems like anymore We're kind of lulled into this idea that 1400 dollars is is not a lot of money Jesus man I've one thing about me is I've retained that ability since I was little And I used to go into we didn't have a store where I grew up in the country We had a mercantile Yeah, we had a mercantile, okay And the looking glass store, maybe I'll make it famous right was a awesome mercantile I remember going in there and buying like banana laffy taffy You know I'm saying I would pick through it pick the banana because the banana was rocking and sour apple was not very good But the banana was legit and I remember my hard earned dollars man I'd have like 30 cents and I knew in my mind I could buy five candies for five cents And and and those days man, I still remember them like they were yesterday So you want to talk about 1400 now? I look at other cultures and I look at other countries that that don't get paid A third of that or a quarter of that and that's what that's what people are living on now today in 2021 And I know there's a lot of people in my international audience that'll be like, you know what Ryan you're goddamn right Thank you for saying that you know I'm saying and and it just speaks to how How lucky we are as Americans we really are we're freaking very lucky Um, I think the flip side of that coin is you can be lucky only if you choose to take advantage of the opportunities provided to you If you choose to blow them off I don't know what category that falls in I do but I'm not going to say it On the live stream because there's people from other countries that are carving out opportunity Where there's really not that much opportunity, but they're making it happen Because they got this all right Very cool. Very cool Glad to see me too. I wouldn't miss this I do get that's the piece that I get for payment to actually through the channel is coming on You guys are great man. Just a great Great group and and I don't say it enough, but thank you. Thank you for I mean You allow me this opportunity to come on and talk about my favorite topic And I don't I don't get to do this on my my everyday interactions with people Although people do hit me up and they're like, hey, what do you think man? Let me bend your ear a little bit but this is my opportunity for freedom of Expression on a topic that I think gets missed all too often And I think a lot of people can really really embolden their lives I really do people can really really embolden their lives for sure And I thank you phenom one has been with me a long a long time and These are those long-standing relationships when I say a long long time A drop in the bucket to say a couple of years, but I guess that kind of speaks to to my devotion to this channel This devotion to my my belief Uh Believing that we all we all do have a purpose. I wholeheartedly believe that there's there's no way that I could Justify this project if I didn't wholeheartedly believe that and to take it one step further Right. I I need you guys to understand that light as well I need you to do that and if you're coming from a place to where you're kind of like I don't know Ryan. You're getting a little little spicy on me. You know, you're getting way too spiritual on me, man That's that's where the beauty lies All right, and I would just tell you to get there if you can it'll take time Maybe it doesn't happen overnight But maybe there's a little something something that we've said over the live stream that gets your attention and Maybe it stays with you a little bit. I don't know Maybe you hit the shut off button at the end and you're like you go tune in to meet kevin after you're done with me I don't I don't know. I don't know youtube is kind of like that You know, you can kind of tune in and get your benefit benefit and boom off to another half a dozen channels but We'd like to think we're delivering something Something special if in some small or large capacity on the channel, you know, I'm saying Yeah, and lory's been with me a long long time too Absolutely, it kind of comes full circle too because some of these Great great patrons of the channel I get to live stream with sometimes or I get to do zoom meetings with and and then I get to Put a face with the name and it's kind of like It speaks to my insistence that social media is kind of shallow But this is the best I can do and and you guys are kind of seeing What I bring to the table and and and I think you could appreciate that as well Again that high bar that I demand the sincerity piece Right, there there would be certain things that that I would demand and those are the Um, those are the standards that I try to Seek on the channel for you guys, right? Yeah I'm looking to win over a different audience than most youtubers I am I am I'm looking to to win over an astute audience for sure Yeah, like Jared Odell great friend of the channel mom for sure Great to see you my friend We'll get to some of these killer killer comments if I can my chris j Been a been an awesome live stream tonight, man. I really appreciate you guys enjoying this with me a lot of fun It's all about commute. It's all about community all about communion. Very cool Hello, I to ryan and all that's right, baby independent investor Okay, you guys have had me know man. It's it's a killer title But it's if you think about it, it's about you Right the I2 And you know, it's not I1 It's it's I2 and it implies that there are multiple people out there that can take the strategy and duplicate it Okay, very cool. Sorry. I missed it. What's the 5050 hybrid? so rg if you want to go into the description of the of the The live stream I I did add the link into the comment section So I added it into places if you want to go ahead and kick in there at your leisure and check it out I can leave it at the end if you want as well But it'll be there Archived on youtube once it goes live to youtube you can just click into the description. It'll be there for you You can take a look see okay Bank of america Bac to the moon it could be I don't I don't know You know from a comparison perspective now the financials are a touch split And then you've got a few that are still really undervalued And a few that have really run up See you got to be kind of careful because I mean we're coming off a 10 year swoon in in in financials so I do like bank of america. It's a great company top five bank in my opinion. I'm a patron. I use them I'm a 20 year customer. Okay But if you are invested in bac you could be right you could be right right and if you are right right I collect the premium and it expires dead on the vine right If it doesn't we get a downturn in the market a shift in the market, etc. I pick the shares up at $31 Okay, yeah, I'm still bullish on the company, but I I just don't want to pay $38 here for it right Cool the stimulus portfolio 1400. Do you think that can double by the end of the year? Oh, I I don't know that would be a a really tough question to answer on the fly and I I just don't invest that way You know you you guys know that the aggressive growth portfolio doubled But in the hands of lesser of a youtuber I could come on and say hey look at me I'm bad ass my portfolio doubled blah blah blah blah And I I may say that tongue-in-cheek, but the reality of that is it it didn't it wasn't skill It wasn't I I invested in the growth stuff. It did really well I invested in the arc ETFs those also did well And now I'm invested in the dividend portfolio and it just so happens that the capital appreciation is up $7,500 You know Sometimes it happens that way. I don't come on and get impassioned about investing because you know Everybody gets involved and loses their money You know you can It's amazing to me how how often people will find a way to lose money, but You know, I don't know I you set it up on a on a on a funding schedule You know, maybe you strategically buy the market maybe at some point in 21 2021 We get a a nice dip in the market and you have the ability to maybe Double the count up, you know put $500 in on a on a strategic buy Things like that. The idea is that we're establishing a baseline for wealth building into the future Um, could it double by the end of the year? Perhaps I don't I don't know with proper funding with proper discipline with proper tolerance and goals established Yeah, maybe it's a possibility, but I don't think it's I don't think it's really of Significant importance. It's either a yes or no question, right? You know WFC to the moon it could be you're pretty bullish financials. I don't know evaluations are still attractive, you know, and we'll we'll see what happens You betcha bad a cool my man from Cali It's like heaven there. It's all beautiful weather man for sure Well, he says what's up brother great to be here and the and yeah for sure Be patient on the questions monti, you know That's great. Those questions is cool because they come from a genuine place and You know, you want to make sure that you're fair about your opportunity and and um, you know, given yourself given yourself that fight All right, so so with that guys, I got about halfway through the comments. I'm going to leave one more invite I will stay behind If you guys do want to jump in the stream yard with me. There's the last one I kind of lost track of time actually so I see that I've got two minutes left on the live stream And we'll go ahead and shut it down. We've been going for about an hour and 15 minutes anyway But I wish you guys all the best and thank you for your time and coming on here friday nine o'clock every single friday, man I typically do not miss So you can you can count on that being kind of a mainstay kick in for a few minutes. Say hi leave a comment say what's up and You know, just like tim tim's been with me for over three years, man And he's one of those guys that started investing just like I did And now he's got a sizable portfolio to show for and and could he have done it without me? Yeah Yeah, he could have um, but did it make it a little bit easier on him? I'll leave that to him to answer I I tend to leave success on my channel and the definition that exists there in To the patrons that come in and consume the message and that's where I'll continue to leave that All right guys, so with that, I'm sure the gents will probably run their live stream after me I will stay back in the gallery a little bit. We just ran out of the fastest 70 minutes on youtube or 80 however long we went tonight But that's typically the case, but I sure do enjoy it and I don't say it enough But I want to thank you guys really you're empowering journey starts now And the whole point is of this was to earmark opportunity life has those funny opportunities They have its fair share of challenges as well But I want you guys to chalk this up as one of those life injects And use it wisely use it wisely. Okay. This can maybe be that very Step that you need in the right direction to a wealth building program for you and your family guys all the best Do you we'll catch you next friday on the independent investor channel live stream guys take it easy