 All right guys, we are live here Friday evening like to welcome everybody back to the independent investor channel live stream This is one of the original live streams on YouTube Somebody pointed out I've been doing this a while. I have I've done this from my dinner table Done this from my bedroom Now I'm doing it from my living room. So Yes, we're moving up in the world a little bit, right? It's like to welcome everybody to the the opportunity to bring people together absolutely like to highlight proper 19 owns the biggest Contribution to the channel humbled by this It's unnecessary very appreciated man. Very cool. We were just kind of talking before the stream here about the perspective about money and Some some wages and I attribute a lot of it to inflation I guess but you know, we were remembering a day and you know, Bob is a good friend of the community here talking Reaching you know, a few decades back anyway at $1.25 an hour. I could reach back and put a set amount to $5 For doing some pretty back breaking labor as well wouldn't have traded any of that for nothing But proper 19 certainly a special shot out to you. You know that that that's that's really great man That goes to to support some of the bills Some of the things that I do to support the message and putting out the content that I do This being really one of the flagship products that I put through And contrary to the belief on social media. I don't make anything for doing this. Okay You know, I do have affiliates through the program that of which I openly disclose I have affiliates that I don't even advertise, right? I get hit up on a daily basis for business inquiries and I would venture to guess that 98% of those are probably fishing attempts or attempts that are not Fact-based or not they don't have a lot of merit to them However, I do get hit up with a lot of different opportunities And I'm kind of waiting for that opportunity for somebody to come by See what type of product I bring to the table because my vision for this channel is very very simple I need to do live venues. It's just that simple. It's a dream of mine. I would absolutely do it I've been approached a couple times on the channel. I was very very close to solidifying plane tickets actually For a small business. I was about an 80 million dollar a year business actually, but so not small potatoes by any means But the ask was was really awesome, man. Hey come down and talk to my group My group is really interested in this. They don't have the first foggiest clue About investing where to start and they just need somebody to talk to them real talk and I can do that I've been there done that. Okay, and I you know, I haven't done every job out there But a Christopher Blaine is a good friend of the family as well was mentioning You know his first job and and some of these folks that I have a real kinship with through these folks that can reach back and remember Where they came from how hard they worked and quite honestly, man, those are the times that They're ingrained The most in your mind. They really are I Think those are the the life lessons that stick with us and and those are those those Opportunities to learn how to work that I do think that there's a comment, you know about the younger generation and I gotta be kind of careful You know, there's a generational gap. I'm quick to acknowledge that and you know where a lot of these younger generations they want it quicker and They want to exploit the opportunity through technology and maybe even dare I say social media opportunity To find their place in this world. I think that's great. I I Hold true to my roots. I think there's a very very important inherent lesson You know for those folks that have ever opted to put their hand in the air and join the military service They can absolutely relate to me and my hats off to you. There's no doubt. That's some Something that I wouldn't trade for the world I always say that when I when I joined Service life, I was half depressed and try working on the ocean and and see how that toys with you I've always been very very devoted and I got some, you know kudos for doing this project for as long as I have But I approached the live stream the same way I do my investing And I do it because I want to Right, I work really hard at it as well as everything else that I do that I enjoy And it doesn't really seem like work to me to be honest with you. It's those little moments of Of acknowledgement that I really really appreciate I am it's I'm humbled every single time it happens There are a lot of different ways to seek out Your opportunity and and make no mistake that the message on the independent investor channel seeks to bring people together and and try to find those common threads in investing and So as you can take some of those common threads and deploy them and It's a very very difficult audience that I'm trying to reach. There's no doubt. Okay There are those households that I'm trying to reach that are skeptical just like I am those households that are hard working just like I am Those households that have a little bit of cynicism like I do of the world and That I think that there's a lot of people trying to mislead a lot of people out there to where it is they want you to go and I really want people to understand that by looking internally they can probably find a heck of a lot more answers for themselves And hopefully that's the the type of message that will continue to footstomp again. It's very very difficult to win over those people who come on and they're really trying to Authenticate your message. That's what I do. That's why I don't watch social media. I don't I'll catch a YouTube video every now and then But you won't find me on social media very often. I have a private Facebook Page for family that they can come on and they can they can take a look see but I've been working on my spiritual health this week Nothing like the North Carolina beaches to do that for me for sure man. We have we were in Wilmington Beginning of last week and Great time for me. I'm recharged. I'm relaxed. I'm ready to ready to go Somebody like myself at least to hopefully people can relate with the fact that you need to take those opportunities every now and then and invest in those areas of what I considered to be spiritual health and well-being Super important, right? I put these different aspects of life. I into different compartments and I don't typically cross the lines. I don't I try to Look at them with a different lens because I think each and every one of them takes a different application to win at Okay So the title of this video why most retail investors suck. I was not well Maybe I was trying to get some attention. Yeah, I was if I offended you I Do apologize, but here's the thing Retail investors spend a lot of their time wasting time and seeking all of those things out there that Will end up getting them to a place that probably will not render a whole lot of success Okay, and I'm gonna earmark what I feel like are a bunch of those things Okay, if it's your first time to the independent investor channel Give it give it a chance. Okay, if you don't like what you hear you don't like the delivery You don't like me. You don't like anything. You don't like You know, you don't like the fact that I don't come on with a clown suit and jump up and down and entertain you for the totality of an hour and 15 minutes What I would expect is that you acknowledge the work that I put into this project every single Friday Okay, I don't miss this This is I'm a very constant on the channel. I've done the live stream on the channel now for a couple years and And it's a mainstay. There's a lot of people I think Based on the reception that I get every single Friday now We are in kind of a lull period a little bit on YouTube and also in investing You're gonna see some of the portfolio rollouts that I give tonight They're gonna be surprised at some of the moves that I did actually make Actually did some liquidations and put some cash to the side I did that into the close today as there was some euphoric buying in the stock market today If you were paying attention at all you may have saw what I saw and perhaps maybe everybody was looking to buy the market I put in 16 sell orders to put some cash to the side No problem. Okay You could say well Ryan, this is why you suck as an investor. You're a retail investor and you preach passive investing all the time You preach dividend growth investing all the time and yet you're hit in the sell button. I Think when you Realize the totality and the complexity of my particular management strategy that of which I could probably write a book on Maybe you could potentially understand or try to understand where I'm coming from And and moreover Take that opportunity to look at where you're coming from and how you can maybe improve upon Your situation because the moves that I made today were for me, okay I don't make moves in my stock portfolio to appease YouTube I Don't do that Furthermore I make moves based on my insistence that my program works I've been very very successful and the 16 sell orders that I've made today were 16 profit takers Okay, I was up on every single one of them I did not sell for nor I nor do I typically sell for a loss at all in the portfolio Okay, so I'm gonna disclose it took me a while to update update the portfolios for you guys, but I'll have you know We were up another thirty two hundred week over week. If you guys remembered from last week. We were up about 7400 7400 and $14 or so so up over $10,000 over the last couple weeks not too shabby not too bad nothing to shake a stick out for a retail investor like myself But I felt like it was time to put some money to the side I was friend at friend on the fringe of a very aggressive trade that I've got going on that I would really like to focus my attention on I Had the opportunity to buffer that trade even more with The positions that I was able to liquidate and put some heavy heavy cash positions on the side And there's gonna be some people out there that don't like that move. That's totally fine I could be wrong right you could be right and that's great to constructively criticize The moves but remember there's not a lot of people coming on to social media and Being is open and confident in their program enough to come on and disclose every single week Whether or not my portfolios up or down, okay, and and I don't fabricate the numbers Okay, I roll those out as they are every single week for your visibility to tune in and say wow This is this is great man I wish I would have had this one out when I started investing to be able to tune into a YouTube channel free of charge and Just sit back and listen to somebody like me on how I deploy my strategy now I'm not a penny stock investor. Okay, but I do some Hypergrowth speculation. I do some dividend growth. I do some passive investing I do ETF and and index fund investing on the like so Appeals to a lot of people out there and it should be of interest to anybody out there seeking some Some sort of involvement in the stock market to tune into a message like mine, okay guys So really appreciate your guys's time Hold on just a sec. I can't go over here Yeah, but anyway, I'm gonna go ahead and we are going to kick this off with the portfolio reviews that's actually why I kicked on a little bit early and We are going to start with the taxable account So this only has a couple holdings in it now. So I moved to about a half and half portfolio structure So this is the way this shakes out. We were just shy of making that hundred thousand dollar mark back in the portfolio, so Which is which is fine, but we're holding on to a couple large positions 100 share position and BMY and 300 position and AT&T The highly on position obviously is the dominant position I Disclose to you guys last week that the ten and a half's rolled off and I was awarded those premiums as those expired worthless Which was great. I rewrote some new contracts this week as well For nine dollars and ten dollars respectively I was able to write those contracts with some relative ease Because the the stock is is seemingly finding some really really interesting support at ten dollars So at any time it kind of dips below that ten eighty ten ninety Area it tends to jump a little bit it closed right there and that was part of my strategic portfolio positioning Today is to go ahead and put some cash to the side and monitor that bigger position a little bit add a little bit of buffer I was happy to do so right here the market up 300. It was a good time to take some profits and You know, I think there's other systemic risks in the stock market Do I think the stock market is crashing next week? I don't know. I don't know So I'm the only youtuber that comes on board and says, you know, I'm not one to forecast that type of activity But for what it's worth This is this is where we're at here and some pretty big liquidations on the side here So once the dust settles on Monday, I will reevaluate and we'll monitor the stock market. My work is not done at all But this is the tax of a brokerage account. We are up again. Like I disclosed week over week here and We'll kick over to Roth IRA number one This again was up as well some heavy liquidations in here to put me about It was about 70 30 I guess about 60. Yeah about 60 27, you know So some pretty good stuff the difference here between the digital cash that I have is cash put aside liquidated house money Cash that's been put aside from liquidated stock positions that are held in the money market accounts Okay, so there's a difference between holding a $10,000 stacks in a safe at your home. Okay, I'd really like to differentiate between those two Forms of cash that I talk about because I get crap all the time Ryan you hold too much cash you you you you this and that you this and that and I know best what's for you The fact of the matter is I invest the way I invest Because I'm due a pension upon retirement. Okay, that's a big driver between why I do what I do if I needed to rely on my My investment wealth into the future. I would be a lot less active Than I am in this particular account So I can take strategic stabs at this And try to accelerate my wealth and a certain percentage of my portfolio And this is just indicative of Where we are on this friday livestream what I did today That could change next friday, right it could But you guys know that for about a couple months I was coming on to the livestream and saying I didn't do anything. I didn't see anything. I'm good I didn't I didn't see anything But today it kind of came full circle for me to go ahead and put some cash to the side That's exactly what we did there nothing really to highlight here Nothing of of of real interest or note Wanted to liquidate some industrials You know some of the names to note 3m right here. I've owned that for a long long time I had it in deep water for a long long time It became profitable and it actually became overvalued within the last Six months or so. Okay So 3m was one of those that we went ahead and took the liquidation on and there were strategic reasons why I kept most everything else in this portfolio the way that I did and kept it intact and Roth IRA to just up over 117 This spark line again was up all of the accounts were up There was not one that was down at all So that 3200 was an aggregate across all the accounts that I have in the Total comprehensive portfolio made up of multiple accounts Okay Nothing really too crazy here to talk about Um, you know, I did take profits in facebook that could be a problem I'm going to monitor it and see if I can't get a better entry into the stock Um, I've owned it before I've made money every single time with facebook and I'll do it again Um, I will not live this life and not ever own facebook again, but at the current moment I did take a nice. I was up. I was up nicely In facebook I bought it on the dip at 250 ish it went down and and I picked it up right there Um, and here just over 300 it was worth taking a strategic shot at but we've got some good cash But to the side I'm excited about this. I I'd like to monitor the market and see if we can't get a little shake up here Um, I do think with forbearance rolling off. I think that's an issue I think with real estate prices through the roof. I think that's an issue I think with interest rates moving higher. I think that's an issue Um, I don't know where we are with the national debt now. I guess everybody stopped Stop tracking it and I guess the entire world doesn't think it's a big deal Except for me And I think if it's if I'm around 30 trillion is that about right? Right 30 trillion That's a bit concerning Right and you know, I'd be all about the democratic proposals to roll out some infrastructure talk, but When the bill is two trillion dollars, right? And there's only a certain percentage of that that goes toward infrastructure Those are some problematic proposals and I just don't understand why we can't figure it out Like I love spending money and I love spending money on things like infrastructure health care Things that benefit people I I get it, right? I but when there's too much waste, I can't get behind it. Okay, so some of my Interesting systemic ideas about some macro economic things that I see going on from a retail perspective And chances are I could be absolutely dead wrong The scary part about it is I could be absolutely right And I do collectively put a lot of power still in the hands of the little people of this particular country That's the truth. Okay The next is the m1 finance it did breach that 15 mark and you guys Can remember when I started this as a testimonial to get to that first $10,000 man. I'm really proud of this project This is this is pretty cool This is an attempt to try to keep some of the at least the one income stream in youtube Really channeled so you guys can understand Where the investing success comes from and where the youtube success comes from And we can keep them a little bit on their own in their own swim lane Because I what irritates me the most is when people come on and they talk about how badass they are as an investor Which I don't think exists anyway But especially when you come on and because of your youtube success You muddle the two together and you want people to buy the to buy into you you got all that because you're an incredible investor and I think it's slight of hand I think it's misleading and I think it's downright dishonest So this is a lot of where this project comes from is one of the income stream veins This one as well is up a couple hundred bucks I I don't know how 69 holdings of such small amount in each holdings renders a $300 appreciation week over week But for you guys that are new investors out there that are seeing how I wealth build in the capacity that I do In somewhat of an experimental nature that I do. Yeah Right Now you can appreciate and relate with There is no perfect way of investing but You can honestly say that This works and it doesn't work all the time but it does work and there's Little aspects of my portfolio that I really footstomp a lot And and and that's the passive aspect that works the majority of of the time. Okay With with my active profile and my stock trading right 16 out of 16 I traded for a profit Okay, and you might think wow, that's incredible Ryan. You're a great investor. It doesn't mean that The results are still the verdict is still out Okay, if all of the stocks that I sold today go up on monday Then that's actually 16 positions that I lost out on So I'm actually looking at those stocks and monitoring them from a channeling perspective Earmarked them as being somewhat overvalued when I liquidated the positions Some were portfolio moves some were Initiatives to put more buffer in the portfolio and really buffer that aggressive position that I have Because if and when that aggressive position does turn around which I believe that it will But I don't believe that's going to happen in the short term Maybe even not the medium term I want to I want to monitor this market and I want to have an opportunity to put some real stacks to work If if the market starts to go against investors investors that were over levered to the market at these levels Okay, it's just my thought okay The last thing I'd like you guys not to do is to go out and just start liquidating stuff But you know these are those times that I kind of earmark and everybody's talking about okay Well, I guess the market's just going to continue to go up forever I was on the live stream Rather lively live stream last week with the gents. It was very enjoyable for me. It was fun mix it up a little bit I get to take off my gloves a little more in that live stream. It's a little different audience than mine But um, we were we were kind of talking about this this very this very aspect of kind of where we are in investing and You know, whether or not the market's just going to continue on this upswing You know, it could very well do just that and I'll be positioned to profit from that my strategic positions passive investing Like this, um, they they don't move and this is up 1200 dollars week over week Right, so we're a little just shy of 700 dollars of meeting that big $50,000 threshold That's one of the big ones Um, because the next one is six figures. That's a nice threshold to meet 50 000 in this portfolio Just putting dollars over dollars to work that I really have not missed at all Okay, so very cool stuff all right Then jump into the options just a bit. Um, the high leons were basically just a reset of the floor at nine and ten Respectively, I think I've got about five contracts or so I think about six. I think six contracts. I think one I have for three at $9 and the other three I have set at 10 Expiring out about a month. I write those about 30 days. That's kind of a general rule of thumb for me Is I'll go ahead and write those cash secured puts out 30 days If the shares get into that critical area, which I Man alive, you know, if the charts tell me anything it it could be establishing a base here But who who knows with this stock? It's very very interesting, man The further down it goes the further the disconnect between what this company is doing and what the stock price reflects So Who's who's to say what what it's anybody's guess as to where it goes My call is such that this is putting in somewhat of a Of a base here. That's my bullish thesis. I could come up with all kinds of bearish thesis as well on the speculative name, but Man alive if I were a betting man, I would say that the bottom of the floor is probably in if not We're very close to it being just that Here in it, but just in case it dips to that critical level I want to make sure that I'm picking up more shares at those levels because I don't really want to buy it here My positions are good. I'm satisfied with where I sit All right, and the total overall portfolio just over 20 away from from the half and I don't know if we'll get there. I really do need some help from that that position I mean One five dollar move in the stock and I'm there easy, right? I'm I'll blow right through it one five dollar move and I'll blow right through it So we'll see I'll keep you guys updated That's just how it shook out as of today's live stream And so to provide you guys with the transparency on where we are and and and how the portfolios collectively are Are are performing? Great now you guys do understand. Please this total portfolio value does include that The one m1 finance account. Okay with the one income stream. It's only about a $15,000 bill But for the sake of clarity I'll disclose that to you guys now, but It's got a lot of comments in the gallery man for sure I've I've allowed everybody to kind of kick in here and Get there self comfortable fantastic. I'm gonna get this off of here But I will welcome you guys we'll do the intro real quick I got to do it man I know some people wait for it because it's pretty cool I enjoy it myself And then we'll get into some of the channel announcements and then we'll talk a little bit about my philosophy as I do have Some notes tonight to go over on why retail investors really do that they fail At investing a lot as a matter of fact a lot of people fail even rich people out there man It doesn't discriminate. So we'll get into that just shortly after the after the intro Fantastic guys really appreciate everything man. I had Francisco pop in here right before Again, I don't I don't mean to you know, I don't mean to Offend anybody. That's not really my purpose at all My purpose is really to just maybe stimulate the possibilities out there Because when I talked about that audience being that audience, that's the toughest to win over And I mean that I've met a lot of very very reputable families in this country and the last thing that they're going to do is come to youtube For their social media Opportunity or to seek motivation or even to seek dare I say investing ideas, okay My stuff's legit. No doubt about it You got to get over some of those barriers about the delivery to entry if youtube bothers you Look me up DM me. I've had a few people do just that. Okay Ask me your questions in private If if if that's too much for you Then I feel like I'm doing everything I can possibly do to to roll out the opportunity But Don't come to me later on and say hey, I'm ready now when I've been providing this Opportunity over the last four and five years. Okay Because I I do man. I watch other youtube channels and some of them are really really entertaining some of the bigger channels They're very very entertaining I just sometimes question what the benefit for the end user is by watching some of that, okay and I'll lead that question to you guys, but I think the important part is for you guys to understand that There's all kinds of opportunities. I put myself out there for 60 minutes every friday You can come in you can drop your comments in and say hello You know, let me know how your progress is going. Let me know where you come from You know, what type of investor you are how the week has gone for you I I think it's important to revolve around this topic and this is just the time to go ahead and do that All right, mr. Bob's in the house. He says good evening. All it's fantastic. It's great to see you my friend Fantastic And all good. I think was first in here. Absolutely It's great to see you Wouldn't be the same without you come in here every single friday support the message I really appreciate you and hope all is well down there in the great state of texas fantastic I'm feeling super super good man after my vacation You feel really good when you're actually Maybe ready to throw in the towel on the vacation and get back to work a little bit. I'm kind of there. I'm ready I take a big test in a couple weeks and I'm looking to engage In in myself study to get ready for that so Seeking out options, man. That's that's what it's all about All right, let me scroll down here guys if you have questions, man, you want to leave them in here Man, for sure. I'm kind of I'm kind of going on a q&a session tonight. Um, mr. Christopher Blaine's in the house Fantastic And proper 19 as well, man It's the biggest tip I've ever received on the channel again I'm gonna find a way to repay the proper 19 for the for the kind for the kind contribution to the channel That's freaking awesome, man. It's great stuff Just a couple announcements on the channel. I'll be dropping the price to the viper group for the summer special Not sure what the duration of that will be But it will drop to 59.99 Um, that's for an annual membership. You can't pay per per month So that drops it below five dollars per month on the sale So, um, well worth it. Uh, the the value is is well north of the full price I make sure and make and provide more value than what you're putting in But if it's something to where you think you might need some individual help, please do so If you also want to contribute to the channel in other ways I do have gift certificates out there as well If you wanted to sponsor somebody perhaps maybe a young person But you want to bring on to them to the message Bring them on. That's that's awesome. What a great gift All of the things that we justify in this life wasting money on And and a you know a $50 gift certificate for somebody to come on and buy a private group And and and get engaged and be able to participate in the conversations that we have And get to listen to the audio cast that I drop pretty frequently in that group Because it's just a push of a button away from me And I do I'll get a whim of of motivation and I'll drop that in the group and We've got a really good thing going man. It's it's very open and We we help a lot of different people from a lot of different income A lot of different places in life There's some Some folks that are maybe going to enter into or preparing to enter into retirement And there's also some young folks as well in there So across the spectrum it it never ceases to amaze me where the vein of motivation comes I know where it comes from it's internal But if there's something that you feel like you want to seek out on the channel We we have to make sure that we're providing those opportunities And and thank you for those that are seeking out those opportunities and finding value in them. Okay The podcast I dropped a couple this week the last one I dropped was along the same lines as this theme Why most retail investors will fail at investing you want to catch that as well Another way to support the channel is to become subscribed to anchor I have one subscriber who's who's loyal and does it to help me And I think that's great But for the most part the podcast is kind of on life support as far as financial goes and that's totally fine too I'll continue to do that project because I like doing it. I really do But as far as like getting rich on social media, I'm not I'm not really sure if I understand like maybe I'm not doing it right But get rich part. I know I'm not doing right. I can tell you that Because I you know we we've gone for a while now We haven't had a new member for the group for a couple months, which has really surprised me But not really I think this is the time of the year that kind of goes into a bit of a swoon period With regard to investing and investing awareness and people are spending more time outside and by the pool Rightfully so man. That's where I'm going to be so it's always been just one of those times of the years that You know our um are a little bit light on social media involvement and engagement But coming into the fall and into this 2021 season For the holiday season It it will pick up again It's the same thing every year All right If you guys have questions man drop them in the thread because I am rolling through right now Here's some of the discussion we had before This was my first job landscape Yeah, I was 13 years old man Uh, we worked for um a landscape depot and I did some horrendous stuff man clearing brush from underbrush From from clearings Trees laying sod Yep planting trees picking weeds Not for the faint of heart man Now one of my passions now Is hardscape. I love it. You give me the right tools and I'm pretty good at it No, but um, yeah, we're just reflecting on on where we all come from my dug ditches for $1.25 pretty cool stuff, man I'm cruising down the thread here guys and I make sure and get get to everybody I almost got a hundred people in the live stream. Thank you very much. I really appreciate you guys Making your way in here, you know, what can I do for you? I make my minutes available to you guys when this live stream shuts down man It's down, but you know, make sure and take advantage of your time Um, I do occasionally drop a link. I will drop one now Uh into the gallery and there it is it's going in there right now If you guys want to jump on the live stream with me, we can open it up. Like I said, we're kind of in one of those Lowell periods a little bit on investing savvy and awareness Maybe you want to come on and and and talk to me and I don't know say thanks or you're terrible Feel free. I've invited a lot of people that don't like my message and Um, I I think some of the most valuable conversation could come out of that I would love to have a constructively critical conversation on the channel because Certainly if there are people out there that don't appreciate my message, which there are some people that don't Um, um for for some maybe some valid reasons. I'm not really sure but for the most part I can discern that Unfortunately, some of it comes out of jealousy and I'm not really sure I understand that at all You know I do have some merchandise on the channel for sale I don't make any money off of that at all So I think a lot of people misconstrue, you know people and how how lucrative social media is Look man, like proper 19 said I've been doing this a long time Um, and there's really no reason to tip somebody 100 bucks But I don't I don't know I don't know what type of influence I've had. I put the message out there strong Um, like I'm given a concert or or a motivational speech to an auditorium Every single friday. That's the way I throw down and I don't know who how many people I'm influencing I don't know unless you come in and say hey, thanks a lot. I really appreciate it Which a lot of people do and and I really appreciate that for sure All right, I just had a ton of comments pop in I have a bunch of channel creators pop in right right right at the bottom So I'm going to cruise up here and try to find my spot give some proper acknowledgements here, man Very cool. It's mr. Allen Keynes in the in the house very cool Double wood tonight oil stocks looking good right now. Yeah, so treat them fantastic That was one of the areas where I I actually retained the portfolio. I think the churn and energy I think I had a little misstep in my assessment of financials Um, I I think value investing has run and I think it's probably on the the the totter Rather than the teeter aspect What I mean by that is maybe maybe you don't want to just rush out and jump into financials right here I think energy's got a long way to run and I'm cool with that. I really am I've got my royal dutch shell And my ex on mobile and chevron still intact Those are my larger positions as well as in the dividend portfolio my energy slice Which you guys are welcome to kick in there and take a look at what I've got hell It'll take you five minutes to review my entire portfolio Um, they are affiliate links. Okay, so um, that's another way of paying back the channel Furthermore, if you wanted to do the m1 finance experience with me we could build a portfolio together It's not a problem. You'll find that at independent investor group.com Independent investor group.com. That's my Shopify site if you kick over there You're going to find all kinds of products in there and that's where the half price is going to come So on the monthly Viper group that's going to drop down to half price for maybe a couple months here. I'm not really sure yet But also the m1 finance experience will drop 25 bucks There is a military discount to first responder type of discount If you have any questions about your applicability to that let me know Because it shakes out to a couple bucks, which quite frankly falls to about the donation level To be honest with you for the service that you get Okay But I agree with that treat. Um, I I think oil's looking good. I'm happy to be where I'm at There was no liquidation and oil uh today for me just in some other stuff. All right Thanks for sharing the message sants on Concentration in a portfolio over diversification share As long as you can handle the volatility psychologically This is a good one. I think by any metrics. I think a lot of people would look at my strategy and say especially the m1 Uh portfolio strategy Here's the thing Like you can say 69 holdings is too much in that one portfolio. Okay I think we could all agree and say, yeah, that's a little much Ryan I kind of beg to differ and here's the thing with my passive approach in the Sector portfolio that's got exposure to thousands of stocks passively using the power of ETFs, right And it's done quite well What's also done quite well is the dividend portfolio. I don't 300 dollars is is an is an awesome awesome way of building that out for me It allows me to get exposure To those companies that I don't really want to own in anywhere else. I don't want to own them in the roth You know valero is a perfect like marathon petro philips 66 in energy. Okay There's some stuff in uh healthcare united health Is a perfect example Thermo fisher scientific these are great companies Companies that I want to exposure to In staples cosco leads the that that staples slice It's great to have a couple hundred bucks in there and have some exposure to the stocks that I know are really really good companies And they do really really well but The concentration idea I don't like I know I know there's there's a lot of very very Reputable peter lynch is the one that says look put your horses in your biggest 10 You're better for it. I don't agree with that. I don't mathematically. I just don't agree with The idea that you can take 10 stocks and somehow Not acknowledge the lack of diversification And the over emphasis in your ability to pick those 10 winners over the long term As opposed to taking the same amount of money and putting those into let's say 100 stocks If the two portfolios Perform the same at 8% at the same dollar amount Then the amount rendered is exactly the same Right the money that's rendered doesn't change However, I contend that the risk is so much greater on the 10 stock portfolio Than it is on the diversified 100 stock portfolio Now in that example, I don't really have any good examples of a 10 stock portfolio. That's very very heavy weighted Okay, the the biggest 10 stock portfolio that I've ever had is the aggressive growth portfolio Which only has about $10,000 Right, so my larger portfolios have segments of different exposure in them Okay In in strategic ways Right, so my passive base and my tsp helps lend itself to larger positions and some of those Gems of the stock market and and collectively I think I've pieced together a pretty good portfolio and if you look at it Um individually and look at why I do certain things the way that I do it It can make a little bit more sense. Maybe it doesn't make sense for you Which is great if you're coming to that rationale You're coming to a better place and you'll get a hell of a lot more out of my message anyway If you come to my message and you're like dang this guy's all over the place. No, I'm not I'm my results speak for themselves I I kill it So, you know, and I I don't I don't mean to sound like that I don't but with regard to investing I'm pretty good at taking a little bit of money and making a lot out of it Okay, and that skill seems to escape a lot of people For reasons that are avoidable It's not for lack of effort. It's it's it's for lack of Personal ability I think arrogance sometimes does get in the way and and even I suffer from this, right? I want to have a certain percentage of my portfolio that's allocated to my arrogant strategy that You know, I I really can pace the market The difference between me and a lot of people is I I have and can It's just I don't come on to youtube and be like look at me. I'm I'm whipped you do. I'm something special. I'm not I work very very hard at that specific active Aspect of the portfolio the passive aspect. I don't work hard at all. It's easy Being a passive investor is a piece of cake. It takes no effort. Okay entering into A 401k if that's all you have and you understand what it is that you have that can be enough for a lot of Investors out there. Maybe you get a company match Maybe you're just coming to the independent investor channel and you're one of those very very skeptical people that are like I've heard about this guy. I'm gonna go check him out, right? You sit through my message. Maybe I say something that may be interest or perk your curiosity a little bit You know the idea to own some single stock gems of the stock market Maybe you're sitting on a few hundred thousand dollars of cash and you just don't know where to deploy that Yeah, there's some strategic avenues out there And if you have some ideas about those run those by somebody like myself run those by somebody like There's many people in this thread that are more than capable at kind of taking in those ideas and saying Interesting. Yeah, you know that that can kind of work. I can kind of see your philosophy. Why are you doing it? Okay, you know, it's not because somebody else told you to do it It's like, why are you doing this? Here's kind of what I'm thinking. I've got this over here I've got this over here and I think this piece in the middle can kind of supplement these two existing Outliers out here and just add a different layer to the portfolio. I'm ready. I've been a 401k investor for a long time I've got a Roth IRA for myself and my spouse I want to have maybe I want to layer up and see what this brokerage opportunity is Right. I'm a blue collar worker. I have three brokerage accounts Knock yourself out. It's fantastic Right, but yeah, the whole idea is to look at the strategic angle. I think in the portfolio That that's key. That's a hell of a question, man Thank you for that and I hope you don't mind my long winded answer But I could probably do a podcast on that very topic. It's a good one. Thank you very much Eric says a little early. Yeah, I'm a little early I am I'm starting at 8 45 now a little bit just in case Jason pops on If he doesn't no big deal If he if he if he does great I can roll with that and get some of the portfolio reviews out Because I do think that's somewhat of an entertaining type of pulse in See how the independent investor channel is doing For those of you guys that don't like my channel Maybe you can tune in and see when I fall on my face and lose it all because investing is gambling I don't know Don't hold your breath that won't happen but You know when the stock market does end up taking a hiccup and head south a little bit It'll be interesting to track that, you know, because I I take these gains with a grain of salt I really do I don't get ahead of myself. It can adjust $2,500 next week easy And and I'm actually hoping that it does right. I just kind of took a shot here At maybe thinking that this kind of got a little ahead of itself in the short term So we'll see we'll see I could be wrong. I've been wrong before It's no big deal And lydia's in the house. Great to see you. I appreciated your thread last week I know you were hating on me because I don't I'm not as I'm not as euphoric about tesla It's all right. I come from a different perspective I was hoping you'd say hey, we could take our Tacomas up in the snow and and have a little competition for wheel drive With the teslas of the world, right? It was good healthy discussion. I actually watched the live stream just uh just yesterday back again And there were some good nuggets in there for sure. I think there was some frustration in the gallery a little bit but I think you're missing the point if you don't understand the purpose of that The purpose of that really is to make us better investors and I think the topics were prudent. I think anybody could have learned a little bit from that banter I think it was good. I thought it was good. Oh, it's great to see you though. Fantastic Oh, man, I got a ton of comments in here. I'm gonna try to start cherry picking these a little bit guys I don't know if I'm gonna be able to get to my lesson 935. All right Bob says he sold a lot also sitting on cash is good enough to warn buffet. It's good enough for me um I guess so, you know, I I typically like to shy away from the whole Warren Buffett discussion Just for this reason, um, I would say that if you told me, hey, I'm putting the cash because it's right for bob, right I would say you're right bob, right that makes sense to me and It's right for me at this particular juncture as well, right? Um I think we lose track of that sometimes I and I do understand your point. I really do Um I just think by any metrics and I know there's going to be people again that really disagree They don't like when I come on and they and I talk like this But um, I've been doing this way way too long and I've never ever seen the market this Euphoric it just it's expected to go up every single day. It does go up every day People are investing as if it's going to go up every day People start to invest like it's never going to be going down People start to take bets that they would have never ever taken In a in a much more volatile market, right? But they seem to get lulled to sleep By the action of the stock market and that's usually the time where it really starts to shock And the thing about it is it's not that initial shock that gets people's attention It's the exacerbated after shock That that really shocks people and puts people on notice the vix spikes the vix is below 17 right now Which is like a sleeping bear. It's like hibernating And and when the vix has woken up it really does spike quickly Will that happen? I don't know. I really don't But I'll live to fight another day. I'll continue to monitor the market. I'm a little more happy with Digressing a little bit on the market put a little bit of cash to side. That's what we did. All right Oh fantastic. I'm up to 1950 shares highly. I'm very excited about my position There's a lot to be excited the exciting news. This week was the The the 10 board formation some of the major players Anheuser bush being one of them I'm very excited like if you look at it from my perspective. I'm a quality management guy So for them to have the confidence to put their product out there As finalized as they have it with regard to the technology They're going to have some incredible constructive feedback to say look as customers Here's what we want. Can you make this happen? That's invaluable and they're going to find tin the product down to where they've got about as perfect a product as they can Possibly gin up. They're going to have to put it on the road for a few months and really put it into the hands of these drivers And really extrapolate that feedback loop into highly on To start to really internalize if you guys haven't checked out their website. You're missing out. They totally revamped it It's completely different highly on dot com will take you two minutes To at least wet your whistle if you get there and you're like, yeah, this isn't for me. Awesome Go find something else to do But to come on here and and understand a little bit more about this company and what they're doing I've seen this roll out before man. I I'm in the tier one tier two and tier three engine space And what ended up happening is when those emissions control regulations were rolled out businesses were like Great more regulations this sucks until the government stepped in and said hey, we'll give you a free engine and then everybody was like Hey, this doesn't suck so much. I can get a tier two engine. That's a commons diesel that's cleaner for the environment I'm not such a green guy, but I'm on board. I'm on board. Yeah, sign me up for that Which I actually think we're two shakes away from that very incentive And I'm not saying that the incentive in and of itself can't be enough Um to stand on its own for these companies But the momentum pushes there companies want to do this They're not going to sacrifice power. They're not going to sacrifice payload and they're not going to sacrifice distance It's not going to happen. They're not going to do that. They're also not going to remanufacture their oem With with regard to the trailers that they've been or the the chassis that they've been ordering for decades They're not going to do that. Okay. So the idea here is that highly on fine tunes this product enough To where they can actually scale it up and put it into mass production and that they can know that the numbers before they're going out there Has been tried and true across a lot of different Um geographic applications cold hot, right? Um, a lot of different driver tendencies Right, which is human element. Okay the major cause of accidents in any industry is human error Okay, so it's going to be super important to get a nice feedback loop on all this stuff And then the equipment itself, right? Is it as durable as they say? Is it going to stand the test of time? What happens in the case of a down vehicle on the side of the road? How accessible is is c and g and r and g Going to be at these 700 A and g stations, right? So really when these problems start to flow in they can start to look at this and say, okay We've got a contingency for this. We've got a contingency for that and they can start working through those logistics things and it sounds like with Um, the cooperation of these fleets that represent over a hundred thousand trucks That's within their networks That's within their networks. Okay You don't think that anhyzer bush can pick up the phone and has Access to all the rest of the networks out there It's pretty exciting stuff If you weren't going to be a stock owner in the company It's at least intriguing enough to read about with regard to where they're going with the technology How they've separated this um erx council from the oems The oems are also listed on the website I'm not a salesman for highly on I will disclose that I am a share owner in the company I would love to interview thomas haley because quite frankly all the questions that I get uh on um That that that are asked of thomas haley are really surface level questions and I kind of cringe a little bit sometimes because I think the short seller reports that come out and they um Want to want to discuss what's going on with highly on they don't really touch on the things that I just touched on with you guys Okay, and I think those are the important pieces. Okay. Do the they don't have revenue. They don't have revenue They don't have revenue. Well, they do they do have revenue. Okay They are making money. They're pre revenue in on the books, right? That's fine. We knew that that was the case It'd be fun To get this first report and see where they are On uh pace for the 2021 target with the hybrid system Last week that was the news This week it was all about the erx council. So all good things and It's it's really cool. I've never seen such disconnect between A company that wants to be so heavily scrutinized in the industry But the stock price really is Disconnected from the good things that are going on At the company and that what will end up happening is i've seen this before Some of the folks were comparing it to neo. I agree. That's a fair comparison In that the rubber band effect it can only stretch so far What it'll end up happening is it'll end up snapping because right now It's really really consolidating and it's consolidating very very tight And we'll see what happens. I'm very excited about my position as well It'll be fun to watch and um drinks are on me. I guess someday I I I'll be the same ryan You know when this thing does what it is that I expected to do I do spend a lot of my time on this position, which is Some of the reason why I kind of took some of the strategic profit taking that I did Because I'm fascinated by covering the story. I really am has Something to do. Yes, that i'm a stock owner in the company But i've never been so excited about the prospects of cleaning the environment and doing so By going after the number one polluter on this earth. I think it's great. I think it's a great thing to get behind And um, I think california. Lydia can appreciate the california is leading the charge here 2030 we're going to be emissions free here in california. That's going to be a law And I I think I think some of these companies are kind of scrambling a little bit to say Heck, what are my options here? Do I honestly need to buy a brand new redesigned or is there another another solution? Hylion's the only one that has that other solution out there Do your homework that you'll understand exactly what I mean. All right, I'm going to cruise down here Prepper 19 rip view. All right fantastic And I got christian in the house fantastic. Great to see you christian Awesome, great to great to have you see how much time see I only got 15 minutes left man And I come on early now and I didn't even have time to get to all my lesson I got uh, hey, kenny. How are you? Uh, paletier paletier Fantastic, it's great to have you my friend. I'd like to know where you're hailing from It's awesome Great to have you on the live stream tonight, man. Awesome Get a few acknowledgments here. Nice proper. I'm 4000. Hylion shares That's a little sizable position for sure. Let them laugh now Long long-term conviction intact Yeah, long term man is crazy Even on the conservative estimate side and I certainly don't want to make the entire live stream about Hylion But this is your only opportunity to hear my unique perspective and it's valuable. It's valuable I I think a lot of people are really missing the boat even in this community. I do and It's it's everything I can do I'm trying to be fair because a lot of these folks are my friends And it's hard sometimes when I say hey, you need to look at this opportunity And it just doesn't work out within the few months of time frame that You know, maybe maybe that money was earmarked for another project and you know They end up getting getting on a project like this that doesn't work out right away But um, yeah This company is going to be this company is going to be scary good I just hope that the feedback loop that they get and the fine tuning of this product makes it as Possible as as perfect as they can before they get it to mass scale and integration at the oem line It's basically a hybrid hub of the oem that they just transfer the chassis over there They install the system it goes out and and the truck gets built Normally before it gets shipped to the customer. So I'm going to bring on a guest real quick Gustaf, you got me. Okay, man. Oh, hello Is it live? Yeah live. I didn't mean to throw you on there that quick I saw you pop in there earlier, man, but I wanted to bring you on and say hi Oh, hello. It's uh, it's four o'clock in the morning here, but I'm I'm I'm hanging in there Yeah What do you think about the the swedish? Markets, do you you know anything about the swedish stock markets? I would defer to your expertise on that my friends I would consider myself very in tune with the u.s. Markets, but swedish markets not so much. However, I will say Um, my wife is from Czech Republic and sweden is on my bucket list to visit So if it's all the same to you my friend, I would love to come over and visit your beautiful country If you don't mind Oh, you should you really should um, do you invest only in america or do you invest in canada or mexico or Yeah, it's a great question. Um, you know a lot of the a lot of my um Justification I love investing abroad But my lack of knowledge of emerging markets and european markets or specific markets asian markets Really hampers my ability to invest single stock So I go more passive etf investing to try to globally diversify the portfolio But I I would say, you know, this is the beauty of social media as we can bring people together And and you can share some of your insights if you'd like to Um, if you can uh, the floor is yours Um, I'm I'm investing in mainly in sweden, but sweden is such a small market It's only right half a percent of the world market. Um, but we have a problem here in sweden that Investing outside, um, scandinavia Or the united states. It's extremely expensive. Um, yeah, it's very it is very easy and and Financially beneficial to to invest in sweden So I have a hard time investing in american companies or chinese companies or I just don't know how to mix my portfolio Because I am 60 or 70 investing in sweden and the rest in in the united states Uh, what's your what's your take on on investing in such a small market? Is it a massive risk or? I would I would just defer and say this In your discussions with your circles there in sweden, what is your success rate? In other words, you can invest to invest, but does it does it render some wealth? That's why you invest right to to generate some wealth. So I don't really care if it's such a small market Sweden is a strong market, right? So if if you're getting involved in companies that are rendering some bottom dollar profit Then it can work for you just fine. I guess Does it work for the masses because here in the us our masses for the most part are Involved with us markets through our 401k. I don't know if you're familiar with that, but It's our domestic like you work for a job and part of your benefits package is to have Some level of exposure to us and foreign markets, right? So I I guess my question to you would be in in your discussion with family friends Acquaintances, you know business associates. I mean, what is your guys's consensus about? You know what track you're on for financial freedom into your future? Well, we are so heavily americanized here in sweden. So That's true It's we are extremely americanized. It's it's the swedish market and the american market Everything we talk about is the american market. It's the american president or american this american that but There's so much more to to stock market in the world than just the united states There's you know great britain. It's it's actually a large country But you never hear about the great britain at all But what's your what's your take on china the this? Notion that china will take over the world and be bigger than the united states and be the super mar other superpower in the world I think that's I think that's inevitable Oh really? I do You think they will they will be the The police of the world and they will dominate world trade and all that economically world trade. Yes for the sheer reason Here's my reason. They're more aggressive Oh, really? Really? But don't you think the the communist party don't you think that's will will hinder them from from you know evolving into to The american market. I mean, you're you're yeah. Yeah, sure. It's a great question And I will respond in this way. You're asking an american to respond on a on a comp. They do what they do very very well very well and I try to be careful with my words, you know, would I ever Want to be subject to that because? The people suffer The people in the united states do not suffer right? We don't we don't we don't run a communist country here, okay? We're stuck somewhere in between capitalism and and somewhat of a a few socialist veins, right? Whereas our friends to the north in canada are much more of a socialist in vain. Okay Yeah, you know and so for it from an investment perspective I know a lot of people that won't invest in china Just because they choose not to invest in china It doesn't have anything to do with my opinion about them being a world Stage dominant player. Look where they've come in 20 years I guess the scary question back to you rhetorically is where are they going to be in 20 more years? And they'll do anything to get there Whereas I think the united states if I was going to say is somewhat complacent in our application in Maintaining a dominant exclusive period right and we've just gone from a regime change which was all america first Now we're in another administrative shift, which is what we do every four years now In that we're going to be more supportive of the global economy So, you know, we'll see where that lends itself. I hope i'm wrong I hope i'm wrong I hope we end up in a place where we can all thrive and be part of a world economy You know, it's a little bit different when you're talking about sweden us relations Because we've had such good relations over the last, you know century Right, we've always been a non adversarial, which is great But I tell you what man these conversations are super important It's it's it's great for me to come on and say, you know, I just don't know But I think connections between different countries I always try to acknowledge how important it is And I always try to you know extend that hand of gratitude and say Thank you for coming on. I mean you're you're representing a whole different sovereign nation Yeah, I hear what you're saying with the influence in sweden We don't we don't even we have subtitles on Simpsons and Family Guy It's it's all in English. It's it's stupid. The only thing we dub is is the anime or the the children's animation Everything else is in american english It's all american english I know and and you know in the same influences across europe It's it's different now, you know Italy 10 years ago was a different italy than we have now, you know The check republic where my wife has come from that's somewhat similar germany has been, you know, somewhat mixed so The european ability to retain some of that, you know multiple century old heritage Has kind of become a little bit mixed. I don't know if you would agree with that And I I know there's I have a lot of italian friends who are frustrated You know, they're like we want to retain that and then I don't know if it's the newer generation that is kind of embracing that change I don't I don't know. I don't want to speak for you No, but I like the the american american station because everything we have in computers or You know, just the ability to speak english is is beneficial and I think this stupid, you know, europe has always been Um at war with each other and we hate the norwegians or the danes and defense and whatever But I think the the americanization of the world. It's actually a good thing Because we've always been afraid of the russians the russians has always been The enemy number one. Um, so I love the americans like americanization My english is really bad Thank you for taking my call. I'm going to sleep now. Oh, I don't blame you. Thank you so much for coming on man Thank you so much, man. Thank you. Have a good night. You too, man. Go to bed. Get some good rest Yeah, I will I will take it easy my friend. Bye. Bye now Oh, so it's super cool, man. What a great night of live streaming, man I I hope you guys enjoyed that those are some of the few veins of the channel that I really really enjoy Very very important. I mean, I'm married to a european But if you guys can take just a little page out of my playbook, it's super important to understand, man that The opportunities here in the us are Just different than those other opportunities abroad in different markets, etc I'm not a player enough to where I can say that I have ultimate confidence You would have to be a subject matter expert on that particular topic but special treat for me to have some reps from From from another country come on you mess with crypto at all. I want to I do I'm getting a little bit more interested in it I think if I'm able to shake a little bit of house money out of the I love your thumbnail. By the way, it's incredible If I'm able to shake a little bit of profit out of this some house money I will be putting some money to work in Predominantly bitcoin I'm not really sure if I understand the utility of Ethereum enough to justify Putting my money in crypto, but those will be the only two that I would even look at As I do think bitcoin will probably be the the the dominant player in the space And and yes, I I am very very interested in it. I'm just not in a position right now Where crypto falls in a laundry list of shopping items that I want to buy When when my speculative position turns out the way that I think that it will And that'll take time and priority number one is highly on right now It's the it's where I see the most opportunity for upside Am I excited to buy bitcoin at 60,000 a coin? Not really Um Do I do I think it has utility? Do I think it has staying power? Absolutely. I've thought that for years And I've never invested in cryptocurrency one never And for those folks that have and they're finding success in it. I'm I'm all about it I'm I'm an advocate. The bottom line is understand the risk that you're taking I've had people say, you know, hey, can I just take my entire investment and put it into bitcoin? Then there's those are serious questions I'm not in that camp. Call me crazy. Could it make me a multimillionaire in a couple months? Yeah. Yeah, maybe maybe But it could also break me and You know, I really think people always want to just look at the positive half glass full type of perspective And say there's no way that this can go any other way than the direction that I think it's going to go And I think that's fairly arrogant, but I I'm absolutely intrigued at the the prospect But it goes into a bucket of about five other things that I'm interested in buying When when when I see this through because my undivided attention again is on my speculative aspect of the portfolio and I won't deviate from that. So We got about a minute left guys. I will go just a touch over tonight I'm fairly certain that the gentlemen are going to kick on and do their live stream as they usually do But I've got a pretty robust audience in here And I don't think they would mind if they queued it up. I'm going to do about five or 10 minutes left a little bit and We'll do a little bit of an overlap Lydia says 50 cent of the portfolio You can do that You know me lydia. You've known me a long time and there's not going to be I'm not going to tell you That it doesn't make sense for you If you want my opinion but perspective, I think that's a little rich. I I do But you know if if it accelerates your wealth Then then it works for you and you had made a comment last week where you said that when people ask you what to invest in This is not what you're Advising them on this is not like what do you invest in lydia? You're not saying just put all your money into tesla I think that's really responsible. I really do so I think for you great I think just trying to sell somebody else on the idea Is a little bit tougher and I think it just you got to do your homework You got to understand the risk involved And I think it could be very very lucrative if the bull case plays out Over the long term, but yeah, I mean I wish you all the well. I I hope you end up a millionaire They could be awesome You know we need more self-made millionaires out there You're not going to hear me say hey, you know, that's too much. No, I won't do that I I want I want that success just make sure that you're keeping a tight leash on that holding I really do because it it's got some volatility for sure and you know that but Here's I got out of bitcoin at 133 see the bottom line is money you make a little dab This is very very cool Little baby powder is probably talking about j&j I'd rather own the vig instead of holding cash Sure Yeah, I can understand that keep in mind too again hard cash is a little different than Just deployable cash on the side vig is a good good holding man high growth very good stuff Actually, I think that's the dividend appreciation right vig. Yeah the ug is growth All right very cool Let me cruise on through here. I really want to make sure and get man I really wish you guys would come in earlier with these questions 75 concentration on tesla Set it and forget it. Good luck. I wish you all the best man. I really do. Um, I Don't typically approach stock market investing that way. I'm invested in tesla in a few different areas, but um Now he says highly on has no revenues. That's true I agree with you treat them. Absolutely Yep Just like tesla for a long long time All right, we don't have pensions. Yeah Um, neither do we they're going away. Um, I'm lucky in that regard But I want everybody to understand it does drive my investment decisions It doesn't mean don't invest if you don't have a pension. It just it should kind of It should impact how it is that you invest All right That guaranteed retirement pay is golden It is I appreciate that it is I am lucky You know, the question is how much of a portfolio would I need to render a pension like that? And um, you know, my wife will get paid when I'm gone, which is more valuable to me than anything I'm having to manage a portfolio after I'm gone. That's not something I want to leave to her I don't I'd rather have her just invested in the van the smp 500 and call it a day But um, this little piece right here is is uh, very important And it drives a lot of the way I invest a lot of the way I manage risk A lot of the way I align my portfolio and always try to work from more of a defensive perspective Whereas over the last two three four months I've pretty much been on a fully invested offensive posture And it's a little bit of a stretch past my risk tolerance in all honesty Okay, and um, good on me for coming on and admitting it Right. So we're we're far ahead. All right Social security is not taxed. So don't worry about taxes. That is true Very cool Proper 19 Lydia love Tesla a lot, but highly out of my opinion. We'll dominate in the long haul. I agree Um, I really like Thomas C. Oh, yeah, the whole board is actually quite good Tesla's do the best in the overall Yeah, I don't know. There's some stuff that Tesla is doing Aside from the cars that are really intriguing to me their utility piece I've read some interesting stuff on Tesla fascinating company just fascinating And um, I hope I hope they do everything that they want to do and then some It's just going to make for that much more of an exciting investing environment as far as I'm concerned But um, but we'll have to see all right Very cool A thousand confirmed binding orders is revenue Um, yeah, I don't know if I would call the thousand agility orders confirmed Um, the the verbiage is very specific and I have not looked at the contract if it's on the sec I I I do, um, apologize if it's on there and I missed it I don't believe it is but even in the corporate presentation. It says up to a thousand Now agility is on the board yada yada, etc. I do think they're going to be a player I do think that they will follow through with that But I think for contractual purposes, they probably had it written that way to give them an out Okay, in other words, if they see something that they don't like then they can opt out and order nothing Is is my interpretation of it. Okay It's looking very attractive to the trucking industry. Uh, the product has to perform okay So lots of bear cases to be had The real gold mine and sweet spot is in the new chassis's that are rolled off the oems. That's the real that's the sweet spot Um, I it seems to me to be a kind of a it's an important money maker and a bridge to satisfy the sharks that are saying that highly on will never make any money Um to to install the hybrid system, but that's a pain in the ass If you've ever retrofitted anything into an existing anything You'll know that it's a pain in the ass and it's about double the cost So they can do the same v2 hybrid system off the oem for half the price Because there's no obstruction to the chassis that it's it's right there ready to rock They can bolt it on there's no removal of any existing, um machinery and they can put it on there So, um, I I agree. I think it's attractive. I'd like to see some more results I'm happy with what we've got thus far and You know that that's just kind of where we are. All right Going a little long term in bonus time tonight guys. So very very cool Um, I know the chaps won't care. I I very rarely do this. I'm a couple minutes over But um look to close it down pretty quick, but I do just want to get my uh specific shout outs to some people here Um, rebecca in the house. Thank you for letting me visit your beautiful beautiful state I will be settling there someday. North Carolina is legit. It's legit, baby It's so nice Yeah, our government's to stop playing behind smoke and make a commitment to Do individual bills for for all proposals. Yeah Yeah, I agree pretty frustrating a lot of blah blah blah and it's too bad, you know, I think there's some Uh short selling pressure. I try to stay away from that line of dialogue But if you think that the stock market is not manipulated in some small or large degree You need to wake up and smell the coffee if you don't like being involved in somewhat of Heavy buying or just putting another million dollar order on a stock to just kind of depress it That's what was going on with tesla for a long long time If you guys remember the evolution of the shorts With tesla that eventually got burned. They got burned really bad Yeah, they they were they were they were battling elan for a long long time on that. It's pretty fun to watch Very cool. Um, we're all in the same boat here Unless we are not fantastic You guys have a great discussion here going on man. It's very cool. I'll actually review these comments actual Um, cherry pick this one highly on carries through with 75 percent of their projections I see the returns being greater than that of tesla in the midterm Wow. Yeah, I I did my conservative estimates at 25 percent of potential 25 percent puts it at 30 billion Which puts the stock price at 300 So it's it's very very simple math guys very very simple If if you'd like to look at what's going on right now and make your determination By all means do that But if you're looking at the the future prospects of the company Those are the conservative estimates that you need to look at In what I know kyle doesn't like addressable market, but you do in fact need to understand who's going to buy your widgets. All right Very cool, and i'm not sure if kyle's still in here still over just a little bit Yeah, I think he's in a different time zone, but i've got too many people in here that have questions So i'm going to try to stay with it tonight and get you guys your questions And I don't mind going over i'm on break. I'm kind of new to investing But I noticed when I have some stocks for a while That let you vote on different things for the company to investors mostly vote On issues within the company to be honest with you Trayvon, thank you. That's a hell of a question. I appreciate you coming on and taking your time to ask No, I I don't typically vote I get stuff all the time m1 finance is really good about plugging investors into the email It just gives you the option to vote and they have to do that by law But I typically don't spend my time on that and If there are people here that that actually do Play into that That then then please speak up, but i'm not one of those investors. So I don't spend my time Um Voting uh with the shareholders um when shareholder notices come out. Okay Very cool Hey, yeah, yeah, everyone also seems to be starting bashing down Stock takes more conviction to keep holding and buying Yeah, I think some of that's going on right now for show Lively live stream. That's an understatement I I thought I was pretty controlled tonight actually I watched last weeks again that only got 600 views And it was pretty good. It was pretty good. Tonight was a little more controlled. I just feel a little bit more A little bit more calm and at peace But I don't miss these live streams I have to open it up and allow people the opportunity to make their way on so You guys are welcome to kick over. I know the passive income investor live stream with mat money They're going on you guys can kick over this well I I will as well, but I'm going to stay back a little bit live And try to address some of these questions because I had just too many come in at the end here And I really want to try to do that. When in doubt just zoom out. Absolutely. Thank you. Justin appreciate very cool I was going to join your live stream I I I felt like they kept attacking tesla Oh, you guys are funny. You guys you younger generation are funny, man Americans are even more funny, man. It's like we can't engage in like Debate conversation without think we're attacking somebody I I didn't think that was the case at all You know, I I just think that there was some very passionate opinions about The stock and it makes for an argument, right? It makes for a good debate when we're Debating these things because I typically don't Typically don't look at a a topic like this, especially with stock, right? I know there's companies that have existed that at some point somebody's been very very bullish on very very good companies that aren't around anymore right so to discuss tesla as if it's You know something extremely special which it is You know, but whether or not it has a special acknowledgement that it can't go down or It won't go down or it's not a very very good story But maybe maybe not so much of a good investment or maybe the argument is that it's both, right? Um, I think that was the the the separator for me, right? I'm not buying the stock. I'm bullish on the company I'm not bullish on the stock. That's just me Right, and I think if I were going to put that through social media I think there's a lot of people who would benefit from that opinion Who were ill prepared to to enter into a A pretty aggressive position like tesla because I think we can all agree. It's it's fairly aggressive. It's an aggressive grower right, it doesn't pay a dividend and It's one of those investments that I think you would also agree that if you're going to invest in it You better have diamond hands All right, you're going to need some diamond hands to invest in the company because if you're investing in tesla for a couple months You run the risk of losing a lot of money All right, very cool. Brian says dude dude Great to see you my friend. Fantastic. I don't know if that was a ditch. That's all good. That's all right. It's all right, man That's your opinion wait for the fat pitch highly honest mind. Very cool You guys are arguing Apples starting to make some moves. Yes. It was a great move actually big tech and big everything Moved nicely today amazon facebook Facebook stayed out of the The rally today microsoft was good. Amazon was obviously good up 75 bits I sold it today. I was up and nicely Took it into a little bit of a downturn So I decided to put the $7,000 that I had the $6,500 in the two shares aside for a bit I'll monitor it That was the only undervalued stock that I sold that I really didn't want to sell but I did today To put the cash to the side. We'll see. We'll find we'll be we'll be just fine It'll be very cool Yeah, bristol miles. Sure. That's the one that I capped 100 shares of All right Almost to the end here guys very cool Uh, that that's there's no doubt in my mind that both can be successful tesla definitely will Highly honest in such a beginning stage of the company I believe that it will be successful The question is how much time it will take To to to get their legs under and whether or not they're going to reach some of these milestones And whether or not stockholders can be actually surprised At some of these things because I think one government contract could really really shake things up or one government grant program Right something like that. There was a little bit of an ease on the rhetoric about restrictions on fracking And natural gas, right? So that ease right there actually helps highly on a little bit So those types of discussions you can't foresee everything man. If you think that you can Come let me know because I'm not I'm not wanted to say that that's that's possible for the most for most of the part I miss the sheep Fantastic Lydia says I miss the sheep. I can do the sheep for the outro if you guys want, but there's no real I only see that when I see a lot of groupthink on youtube. All right. I got um Byd. All right America dead laced the year Uh, I think you guys are going back and forth. That's a hell of an argument tesla versus highly on that's a Thank you. Just um, I think both will be fine. I think they're both competing for for interesting That's an epic intro Thank you, my friend. I built it myself With my incredible computing skills my editing skills self-taught I appreciate you man. Very cool almost to the bottom. This was a hell of a live stream There's a lot of visitors tonight. I was actually very surprised man. If you guys are new to the channel, let's let's make it Let's make it freaking a regular thing, man. I run this live stream with some conviction I'm here every friday. Why not man? I got to talk to you know, my friend from sweden who decided to pull sent at 4 a.m That's that's the dedication man to come on and say hello ask me about my interpretation of foreign markets I wish I could have spoken with him more. Um, but I think that's pretty awesome But for you guys that are new to the message, I welcome I see a ton of new people in here So i'm stoked to see a key puzzling towards the financial freedom and that goes for everybody nick That's what we're that's what we're all about here You know, I'm doing my thing. I expect everybody take a page out of my playbook and and um really try to do Really try to do the best they can Outro sheep intro outro makes me laugh All right, fantastic. That's what you guys got So we'll close it out tonight guys. I really didn't get to my notes I never do really um these topics that I put out there just to title it and You know, maybe talk around a theme if I only have like three people show up to the live stream But it was fun tonight. I enjoyed myself man There was some dynamics that happened during the live stream that were fun for me. I appreciate it I never know what's going to happen. I never know what the hell i'm going to say But um, we always keep on to push out the product and bring awareness to stock market investing How important it is for people uh to wealth build for themselves with that guys will kick off Um, we'll check you next friday Uh of nine o'clock eastern standard time. I've been kicking on about 15 minutes earlier And so you guys are welcome to kick on a little bit early I'm always in the gallery early if you feel like you want to kick on talk to me No problem. Kick on say hello, man. It's a great time to do that Um, I just uh appreciate the heck out of you guys what you bring to the table. Um keep killing it And um, thank you so much for helping me support my mission to empower one investor at a time We'll catch you next week guys