 And happy Friday to all the subscribers to the independent investor channel and a welcome everybody to the live stream here Friday 9 o'clock Eastern standard time give it a couple moments here to allow everybody to make their way into the live Q&A session that we throw down on every Friday. This is going to be the last live stream and in a bit for me I'm going to be embarking on a well-deserved and long overdue break The last couple of three years have really taken its toll on me. That's for sure It's taken me to a new definition of tolerance and stock market investing I come on I share that deliberation with an audience and really kind of put you in the driver's seat on What type of mental? Aptitude and application you need to have to make sense of this Super important to continue to provide this outreach to anybody out there that is looking for a small empowerment piece somebody who can find their way to my message I have been Really on this road to share a testimonial with people and let them know that they can pursue wealth building and it's probably going to be in a capacity that They are unaware of or is contrary to the status quo The second that you can realize that independent thought in your application The Reluctance to buy in to what everybody else out there would have you Believe about yourself about your own capability about your own potential The the the very deliberation you start to do with your own capability is going to Be the determinant factor in whether or not you can make sense of the investing game. Now, what does all that mean? I Contend that investing is 99% mental and probably 1% physical 1% The 99% of the discussion is where we dwell most of the time on the channel in Allowing people the green light to make this a way of life To give people the green light to pursue personal wealth I'm not really sure we really live in a system that would have you believe that there is hope I Think that the system would have you believe that you need to buy into this consumer Driven type of existence where you wake up every single day go to work spend everything that you have and Look to live a nominal retirement some day with or without Savings that somebody at some point has either told you or not To accumulate over your life. I think savings and wealth building is paramount. It should be one of those top Decision points that you make it should be one of those disciplines that you look to adhere to Buy into to seek out to fine-tune to evolve with and and to learn I Shared with the group a couple of weeks ago and I do appreciate the latitude. I was actually abroad for a business engagement that found myself In the very career that I wake up every single day motivated to do I can only wish the same upon you If you can find something in this life That you enjoy doing Okay Now i'm not talking about Suggesting and coming to me and saying Ryan I just want to lay on a beach all day and be paid lots of money for it Okay, there is an element to work to allow yourself to render a paycheck and Some of the more rigorous jobs out there will allow you to render those paychecks that will allow you the lifestyle that perhaps maybe you seek And or come into and enjoy as we speak My currently does So we were off the live stream last week and we're back for this week and and we will be off for most of the month of july I'm happy i'm ready. I'm at an impasse on the channel for sure It's been five going on six years of content making We are in a an interesting time now where I'm kind of embarking in this and sharing really as much as I can on the personal journey But it is multifaceted And I think all too often I am defining for myself what could potentially be necessary on social media to come on and talk about things that I now refuse to talk about Because I don't think they're conducive to true wealth building for people If I'm just going to impart to you what has worked and just give you the goods here within the first 10 minutes of the live stream on a friday For you guys that don't know me. I've been investing for most of my life. I started when I was about 16 years old and I've invested ever since I've amassed about a half a million dollar portfolio and I've done so in a blue-collar salary That's a fact I don't take a lot of crap from people I was able to cut ties with a social media venue just today that I kind of thought had my back more than than I was um displayed activity that Really kind of told me a different story And that was really disappointing I went in there in good faith to understand a little bit more about One of the stocks that I intimately cover about the investor Day that was held down in texas Only to be met Head on by some negative activity Directed at me wonderful So There's not very many people if any out of the thousands of subscribers that come and follow my channel that know me personally um, and Sometimes it's funny when I come on and I do my live stream and I'm animated and I'm talking about ethyl and You know talking about all kinds of funny stuff that that's pretty funny um, but If if you're going to suggest somehow that that stuff doesn't bother me after the countless hours that I willingly and out of the bottom of my heart put forward And only to have that kind of thrown in my face really out of left field I hadn't put any content out for a month because I really have been on professional obligation certainly Doing what it is that I do from a very selfless perspective and that's supporting a family And then on social media from a selfless perspective looking to empower people To to invest in a in a capacity now In this particular juncture see highly on is about six percent of my total overall portfolio, which Six percent of an investment that is you know, 98 percent down from its highs Is going to sting a little My presumption is that there are people out there who have probably taken maybe larger stakes than six percent of the portfolio And maybe benefit from my being a voice of reason and not necessarily Being that hey all is good under the sun now look, I don't presume to have all the answers Right and it could very well be that everything is good under the sun But that's not why people tune into a social media Influencer like myself. Okay I speak the way I feel And I was truly looking for some information because the Reciprocation that I've received thus far about investor day I'm disappointed And I'm the only one Everybody's talking about they're super stoked about a sleeper cab. That's fantastic cut half of the truck off And issue a sleeper cab fantastic That's not going to be out until 2025 of course not right nothing of what the company has promised thus far has come to fruition um And I was looking for a little bit of insight I was not there because I was actually out of the country On a an obligation that I think if social media were to have it their way I think they would just take me and ring me out like a wet towel Take what they need and discard me in the trash That's the way social media is because it removes the human element piece to the whole equation, right? I will just suggest to this from a bottom line perspective There's a few folks that I've had on the live stream that are part of that community and I will not name that community anymore they will not be endorsed whatsoever because of one specific comment And not because of the masses because there are some phenomenal people in there Some of which I see here in the group and I'll get to it Some of which I have reached out to directly And others that I unfortunately never got to meet will just have to be Bygones in a situation that's unfortunate And kind of out of left field. It really struck me as as surprising Recalling old content that was at least six months old And and and somehow Looking to vent frustration. Perhaps maybe I don't know on the stock action. I'm not really sure Me personally, I'm very excited about the goings on at the company. I don't think it's going to move the needle Um, I'm perfectly happy with the percentage of allocation that I have toward this investment And I've explained it as such to many many people out there This is a line of investing that not a lot of people should Nor can engage in I am one of those that can I question whether or not others can as well if they think that by attacking me Is going to somehow supplement or justify or somehow Explain to them or satisfy what has been a pretty tough ride thus far. I don't know But I don't do that. Okay If you pay particular attention to my message with regard to this My message has been specific it has been pointed And it has been pointed at the publicly traded company that has declared their intentions to The public audience over the last couple of years And I think they have fallen massively short of that and When you go from units in the tune of 15,000 And we are talking about justifying the potential impact of units in the range of 30 um That's a big pill to swallow as far as i'm concerned. That's a disconnect that I look to exploit Um, and if I had been there, um, I would have asked that scathing question I don't care how pointed john panzer is. I don't care right For the last six or so months. It's been nice to have some people and I know there's people out there that I I really do get to I really do Provide motivation to It is very very difficult Because there's a lot of people out there. I think that will receive the message. They will benefit for it and I will be None the wiser for it Right Social media is a very very shallow place if you're looking for reciprocation on a message This is not the place for you. Okay Um, I'm pretty tough skinned But here's the thing if you don't like me And you don't know me and you come on throw a little venom That's totally fine But when I have the knife stabbed in me like that After countless hours of nothing but positive endorsement for that particular group nothing I could probably split together a particular video of nothing but positive endorsements about Being the single drop point of of information in the world and I know there's a lot of people in there that work really really hard to make that happen But unacceptable and You do me wrong And you're off my grid You're done And I'm I'm I'm not one of those guys that deserves that whatsoever. I think the people who do know me in person Feel like they're lucky and they are Because I would go the nth degree for people I really would which is indicative of this project and the reason why I do it was such ferocity because what Gets missed sometimes. I think by the audience is The lack of awareness to the people who come to me in private And they say thank you so much They say thank you so much. I said for what I didn't do anything. I come on. I tell a few jokes Take a little ass. It's no problem See away from social media guys for this 60 minutes a week that I do which a lot of people might think is just Really really aggressive on social media. Um, I I go to work every day. I work very hard To support a family. That's it I'm a selfless person as long as I can put out a message That or or put in a lifestyle that provides them a better lifestyle than maybe I had right That's my sheer goal. I could die tomorrow Be a happy man knowing that they're taken care of right And and that type of motivation outside of social media Doesn't always reflect what goes on on social media See a lot of the frustration that I see on social media is that a lot of people come on and they are not themselves And that's what sells people it is People have an agenda about what they want to hear from certain people To be entertained I don't profess to be an entertainer. I profess to be an educator and I'm a damn good one If you want to listen to the material you can it's no problem I am evaluating all of the social media properties on youtube I know there's a a lot of people in the fabric that holds together the community for sure Is the very lifeblood that keeps me going, but I'm evaluating all properties right now. Um, I will chop them If we can't continue to get any momentum YouTube has over the last five years selected their winners in this particular space um That of which out of sheer jealousy or or or or criticism over those people I just don't think they're that good. I don't think they're that good at giving the granular what truly works in investing With that said I tip my hat to the success that those people have been able to garner on social media in coming on Not only garnering an audience but also selling them on the fact that They have all the answers and perhaps maybe me coming on and telling you that nor I nor anybody out there Has all the answers. Okay. I come on. I'm scathing. I'm imperfect Right I don't show tact the way silent alert shows tact Guys got more tact than I mean, he's he's a wonderful wonderful guy. So am I I just don't have tact That's not an attribute that I was blessed with Um, I'm scathing. I see things my way Um with regard to this particular company and my coverage of the company Again, I cover a lot of companies out there if you get laser focused on one company Right, you can justify on the bull or bear case one way or the other When you cover multiple companies I see different energy from different CEOs. I see different projections I see different declarations of potential I see different business plans that are looking to be communicated with would be share owners I see would be share owners acknowledged Over and over and over again as an important piece to the puzzle That of which I contend is a an important piece to the puzzle so My opinion Shouldn't be taken as half-caught It should actually pick be taken as one that is looking to summarize a very very insightful perspective from a lot of different perspectives and a lot of different CEOs that I talk to on a daily basis And roll that out for the grand or good Then you can go make your own decision about whether or not you think that's good or not But talking about that Within a community unbeknownst to the fact that either I'm there or not or it was meant to get my attention No problem I took it as a knife in the back and I will not be returning back and as far as that project goes I'm still undetermined as to whether or not I almost went and erased all the content off of the youtube channel Today almost just erased it because I don't need it and I don't care I did all that content because I honestly do feel like it's the investment of a lifetime I feel that more now than ever And as the next couple of years unfold you'll see You'll see and the loyalist to who actually stood through the worst of times and stood by during the best of times will absolutely be able to Pay that certain credit to those people who stayed true no matter what Was it hard? Yeah, I guess so that that stock market investing on the speculative side Now for most people out there most people need to understand how they can get their start How they can get a little bit of money put away put themselves on a program To do some wealth building to where their money starts to work for them Okay, we can help you do that. Um, the website. I've just dropped all the prices on the viper group You can enter for almost anemic prices. I I think the information is invaluable If we can get a good group in there And and and really start some churn On the independent investor group.com Those are available to you. I just dropped the price today. So you can kick in there and at your leisure those have been In in the same price range for the last couple of years And I just decided to go ahead and drop those to give it one Last chance to Garner some interest of like-minded people who look to empower their own lives going forward I'll continue to do it whether I do it by myself or whether or not I do it with a following From youtube guys. So I'd like to welcome you to the independent investor channel live stream Appreciate you guys on this what is going to prove to be one of the last live streams I do for the summer as we kick off for some much needed and much anticipated r and r be back with you in just a moment I think when you talk about investing and living below your mains I think that takes on a whole new meaning of discipline and In this country where we're always competing not me. We as a society not me. Trust me I'm looking for those into the individual lines of thought that of which I share with you guys openly on the channel To to to find a way of life that you're comfortable with that you appreciate that you resonate with that you find comfort in Relationships that you absolutely cherish and value Once you have those things warren buffett just said it on the berkshire call With right up on stage with charlie monger. He said if you can find a wonderful spouse You've won you're a winner doesn't matter if you're rich poor in the eyes of society Especially if I were to look at you and say man, you're really happy In your current situation, but you don't have a lot of wealth You don't have a lot of personal wealth. You don't have a lot to contribute to a program As long as you're happy and you have fulfillment in your life, then you're halfway there you're halfway there Now there's a lot of people out there That really do have a pretty good set of pedigree to get going On a wealth building program a lot of people Wonder what that start looks like and and why they would even do it. Okay Now I want to premise this in in just this way. I've said at the top of the live stream I've been been investing for a long long time most of my life. I don't know life without investing. Okay seems pathetic I don't know. This is just what I do. This is what I'm made up. It's in my dna I love investing. I have the ability to put dollars into a stock I just took eight hundred dollars profit after a three-day swing trade on nor region cruise lines and carnival cruise lines Respectively entered into late last week traded out of just today for an eight hundred eight hundred dollar profit Okay, very simple very low. I think I did 19 on carnival and I think it was about 14 13 percent or so on the nor region cruise line on just a swing trade I think they're really good buys here long term if that's what you want to do But I don't think they're core holdings In a portfolio as bullish as I am on the space and not so bullish on the airlines and and other sectors like You know, I do own some rail as well But you know, if I were going to look at the travel and leisure space That's where I would look. Um, I I would look at the cruise industry but went ahead and chopped some profit there Just because I I don't trust this market right here But the insights that I want to share with you is somebody who's been in the market through brexit Who's been in that through the mortgage back security crisis? The one common thread that has kept me grounded is not selling into panic Okay You will find any excuse at any given time almost inside of a week To find a bad day in the market and say, you know what? This isn't for me. I'm out. Okay And so for those guys out there who come to the independent investor channel for a little bit of counsel a little bit of tutelage A little bit of direction in their in their application Only put in the middle what you're willing to lose that's the cliche the realistic application is such to suggest this Make sure that you define your comfort of living here within this bracket. Okay Define it within this one inch one inch Define it within this one inch and everything else is surplus. Okay, so while that core nucleus of quality of life food fuel right a few of those expenditures out there that you justify Automobiles, right, maybe even a nice one hell. I'm not here to judge you do what you got to do clothing Okay, insurances big one. Okay, once you get those things dialed in and and your right choice of employment can actually help you dial in that bracket of Important attributes in this life that I talk about the lifestyle that's comfortable. Okay Now while we're in this comfortable lifestyle or even if we haven't achieved it just yet The important piece isn't to think so extravagant That you spend the majority of your time thinking about extravagant and not looking to define the finite okay the finite Attributes in your life food water love shelter security etc etc Maybe even employment Insurance those types of things that fall into that bucket Once you've defined that then you can kind of look at and define everything else as a luxury category And I've said this many many times on the channel Investing is a luxury. It is not a right Okay I presume that not even a quality of life is a is is a is a right for you A lot of people on different sides of the aisle. I don't get political would argue about that I think you make your own fate. I'm of the belief that you make your own Comfort of living. I believe that you have the free will to carve out A lifestyle that maybe is more conducive to what you seek out then always buying into the whims of just Getting a job and spending right not achieving anything in excess of your finite definition of comfort. Yes So I digress I come back to this idea of Well, holy moly if every week gives me an excuse to pull chocks and pull out of the market ryan How the hell am I supposed to stay positive for the long term? You do that by defining your comfort of life And making sure that there is a crystal clear delineation from that From your luxury category and the luxury category that we speak of is wealth building Now we look at that in a whole different prism We look at it from a whole different perspective and we look to wealth build Outside of that comfort of living now where we start to affect that comfort of living And we start to belittle our other our mankind right because somehow You know my investment thesis has somehow absorbed this You know comfort of life thing Food family love security, etc. All the good things that are sacred They should be sacred to you If you're a mess and you're all over the place, you don't have those things You spend most of your time aspiring to something that's not right in front of your face And the what right in front of your face right now in the luxury category with regard to highly on is it's been a shitty investment It's been shitty I'm not going to sugarcoat it Um, and that's part of the the scathing Um perspective that I have offered of the last three years is to hold these people to account I think in life people are held to account in my career. I'm held to account People should be held to an account not just given free reign to do whatever they want I trust these people. What are you crazy? This is business. I trust these people Indefinitely to do whatever they want spend tens even in this case A hundred million hundreds of millions of dollars To get to a proposed end when there is no clear path to that proposed end, right? Okay, and you expect me to sit idly by without being Um critical of the company itself not critical of you. I'm not calling you out I don't care. You're probably a hell of a hell of a person, right? It cuts deep when you start to attack me When my focus is over here and your focus is on me That's where I draw the line And and so now you've just um You just adopted a problem with me and that's a big big problem to have man. So congratulations to you. I hope it was worth it All right, let's get to some comments guys. I really appreciate you tuning in this Friday I'm feeling a little a little bit interesting Uh today. I've just got a lot going on. I had a huge huge positive Um catalyst of my life happened to me Um, I've been off social media. I haven't done any highly on content for a month And and I know there's people out there that miss it. Hell. I miss it. I really do But you know, I hear stuff like that and make me think that it's not appreciated at all And um, it's uh, you know, it's really too bad because I I think there was probably a hell of a lot more value than was summed up in the Skating comment that I got that was directed right at me. That was pretty awesome Gallia and Amelia say hello from new york. Well, I say hello from new york. That's my beautiful family That's the shot out of the night here Sorry, it had to happen a little bit past bedtime because you guys should both be in bed It's 29 minutes past nine o'clock when I was little like you And running at the energy that you guys run with Um, I would uh, I would be recharging my battery at this particular time But uncle ryan says go to bed go to bed and I say hello. They'll get a kick out of that for sure Some of the cool things that have happened over the last couple of weeks actually get Reacquainted with family Here in new york, which has just been absolutely fantastic. What a what a fantastic thing that's been Um, if you have the luxury of being in a location your whole life and just growing up and buying a house and There's a lot there. Um, I have not had that luxury. So I kind of live on the edge a little bit So if you wonder a little bit why I'm edgy to per se, um That's why it's because I my life has been nothing but typical I lived on a boat for eight months eight years Try it try it if you think you're so tough that you can Judge others and think you know where they're coming from and and know what motivates them and know what makes their clock tick and You know, um, then then then try me I think it'd be hard for us to Truly understand what it is that I bring to the table if you actually truly knew me Not presumed to know me but I actually know me Let's get some shot outs here guys. Really appreciate you The first one in the group. I anointed. I'm a moderator tonight greetings from poland fantastic I have a good colleague that I work with from poland. Very cool stuff I'm that ever clear boy in the house Hope all is well as a great weekend. Yeah, we're gonna be prepping to get get out of here and pull chocks and Head out on our much needed trip, man. I'm running on fumes. I have been for the last five years I've pressed pretty hard. I pressed. I saw the light a long long time ago and I've been pressing toward that light um, and it's just come to fruition now. I'm gonna kind of digress and take a much needed break And find some motivation a little bit the live streams funny. I always have motivation to come and do the project This is a easy project for me. I love coming on and sharing my insights. That's for sure I wish I could cut out the drama bs. That's for sure. I don't enjoy talking about that I'm not really sure why somebody would spend their time Actually engaging with me on that hoping that I would do something different like like it means that much to him I didn't even know this individual. I guess he's the boss over there or something Must be nice to come into a social media Opportunity and build your pyramid from the top down And just self anoint yourself the boss that must be awesome But this is America chap and we say what the hell we want and when we want and how we want And I run my project that way and if you don't like it, that's too bad Very cool Proper 19s in the house appreciate glad to be back. I never left Never left Wish I could report out on more into kind of in demands land right here with the stressors on the market monitoring the impacts of The interest rate hikes and certainly probably being back on the back end of the interest rate hikes and seeing how that's going to actually affect the market going forward I think the underlying current of the real estate market is going to be the ultimate catalyst that turns this market south If it does end up maintaining, I think we can end up with a pretty good year here in 2023 We will see And and that that's a lot of what I share with people in that New investors will be tested You'll be tempted You want to be a long-term investor? Try See how good you are at it Invest a little bit of capital and see how your risk tolerance has actually tested against what you think your risk tolerance is right Investing is not It's it's not easy Um, it is something that I believe that everybody could do with the right amount of temperament and the right amount of tolerance And the right amount of perspective and discipline and financial markets and you can build it I don't think you're born with it. I think investing is An abnormal activity And it plays on the human psyche. It really does Ie we feel it Productive to attack somebody that we don't even know Mm-hmm. Yeah I don't know. Maybe I should bob my head back and forth together so they can really prove their point If you knew me away from social media, you'd feel like a fucking moron for saying such dipshit things Yeah Yeah, that's all right to each to each his own man. It's all right. I didn't say it I was the recipient of it and I hope those people feel better for it at my expense. That's fantastic All right, and tennis is in the house Great to see you my friend fantastic Love it man. I got Matt in the house Not a whole lot man Just setting up here for vacation and looking forward to it. It's 25 days abroad. It'd be pretty fun I'm gonna try to seek out some salt water and I'm gonna Put put my put myself in it for extended amounts of time is my plan It's awesome It's a really a different feeling over there to be honest with you. It's a really a different feeling And Natalie's in the house Welcome See, it's great people like this that are part of my community that make it all worthwhile. That's for sure You see, I know there's a ton of great people out there that bring people together not split people apart I think that's the beauty of it. I think we can all learn from each other. Hopefully you learn from me Um, perhaps maybe if I can learn from you, that's great too, but uh all is fair Look to share the goods and that this is just my area of of of expertise. I know wealth building I can take 25 cents and turn it into 78 cents. That's just a gift that I've been provided with And and at its granular nature Natalie, right? So That's what we need to teach people Is that if you're going to do nothing you need to at least acknowledge that you're doing nothing If you want to do something It's the capacity by which you do something that is the key In identifying what it will take to go from nothing To something in the application That's the pedigree That's the pedigree. And so when people hear that they're like, man live Ryan You mean to tell me that I can start with 25 bucks I can afford 25 dollars, but I just never really thought that it would make an impact I never really thought that it would make a difference Materially 25 dollars can be very very powerful on a compounding schedule But the true benefit that you will get out of that is the psychology of going from a non investor to an investor By pledging that 25 dollars to your own program. That's yours. It's nobody else's Did not come from the influences of others All right, it came by your own Motivation Maybe you heard it a little bit on the independent investor channel I don't know. Maybe you heard it a little bit by some of the patrons of the group Nonetheless, you looked at your own program and says, you know what? I can do this I can actually set myself apart from Most people who do not wealth build And I don't know what the capacity of people out there who wealth build I don't know if it's, you know, 75 percent of people. I don't know if it's 50 people The statistics are pretty staggering when it's when you start to look at net worth over 10,000 Which honestly it I would consider it to be a personal initiative of mine If I could get people to really set out on that goal Of saving the $10,000. Okay. Well, hold on a second. I'm a pretty smart fella I look at this I look at how much at 25 I would need to contribute over the next five years, etc Where does that put me? How close to that does I get to the $10,000? What if I did 50? What if I did 25 to start and I upped it to $50 the year after and 75 the year after and 100 the year after etc etc How quickly could I accelerate my My path to that first 10,000 and that should be your first goal And I think for a lot of people that escapes a lot of people because You know, you get up to that first 500 2,025 and then an expenditure comes along And I think people continually spend down spend down spend down spend down And it's just another form of inflow spending And and an outflow right inflow in your earnings and outflow in your in your expenditures, right? So I think those small granular lessons that people truly can understand about wealth building. It's not rocket science It's not a certain pedigree that you put together that is You know by nature of a of a course that you paid for it's it's not about that The easiest portfolio that you could ever build Is based on starting a raw fire ray for yourself of a self-directed nature and buying the smp The ticker symbol that I own is voos. See the trick is I can't tell you to own it I can tell you that I own it myself and merely suggest Mentioning it on a youtube channel that my friends in 14 seconds is investing in and of itself I don't need 2,000 videos on youtube to come on and tell people how to go from a non investor to an investor I don't need to do that. I just in 14 seconds told you the very very best way to Start investing In a capacity that will make sense to you That will give you the most chance Of success over the long term Because you'll find that investing in the smp 500 I own voo. It's a great great Fund and etf today vig really did well today. That's the dividend Appreciation fund through vanguard. That's my biggest position in my Roth IRA Really did well My tsp right now to date is up over 15 percent. I was buying very very heavy during the downturn And so there's some inherent lessons if you come to me and you're like, okay. Yeah, I did start that Roth IRA I do invest in the smp I am contributing $25 a month Ryan. This is pretty awesome Is there anything further that I can do to help accelerate my wealth building? Sure there is Buy when everybody else is selling Yeah, yeah Buy highly on now while people are pulling knives out and stabbing loyal patrons to the community In the back. It's probably a pretty good indication That it's time to buy as sad as that might be Yeah Thank you for the indication that now is the time to buy the stock They've called the bottom But when you are investing passively in the markets, it takes all that guesswork out of it and you can monitor the markets I monitored voo. I think we were down maybe $1400 or something in voo Just a few months ago, right now. We're up a thousand in the position all for doing nothing Is it in incumbent upon me to look at the swings of the market and think that it's going to be productive to react to those swings in the market by Analyzing that position day-to-day boy god that David that Ryan I tell you what he better be right on this I tell you what I've never taken a risk in my life. He better be right on this I'm going to monitor it and the second it goes down. I'm selling it all and I'm coming on and I'm going to start bad now But this guy Well, you're going to need to be a little bit tougher than that. I'm telling you I've spent the majority of my life from 16 to 45 Invested in financial markets and I can tell you this god's honest truth At 42 minutes almost 43 minutes the god's honest truth that I'm going to impart to you now Free of charge with this which this advice is worth millions and millions of dollars I would never be in the position that I am in now at 45 years old if it hadn't been for the power of the stock market That's the god's honest truth The ups the downs the stress The bitchin about highly on The the investing money that I just as well could have went out and spent on a sports car The additional vacation that I missed out on The luxury items that seemingly I get to listen to all my friends. They've got it all seemingly I've given up all that Right to maintain and stay on a path of wealth building That's the key And so if you're in a position at 19 years old If you're in a position at 25 35 45 my age now and you've never invested a thing Why not just do the right thing now and embark on separating yourself from surplus capital and put yourself on a program? You're probably significantly more eligible to do so at 45 Then you were at 25 The tough part about it is you're probably an old dog that needs to be taught new tricks And it's harder to teach those old dogs new tricks As they as they get older in life It's it's just one of those things and we want to bring young people on as early as we can to the game To try to help them understand the power of of the stock market and keeping your money in the market of the long term Trying to come out of my shell and into real lifestyle. Come on man. You strike me as an extrovert for sure To learn how to trade options so I can manufacture some dividends on my growth. Sure It's a good way of doing it. I studied options for like three years before I engaged in it Be careful. They're very very very violent and I know how to do it. That's for sure It's a lot of fun. I think I'd rather have some larger positions on some blue chip companies Um and just make some money on some cover calls or some cash secured push But it's really easy write some 30 day contracts pick up 14 16 18 20 bucks or so up off And be happy with that the problem when you start to get into a little more risky stuff It becomes pretty risky and um, yeah, I got a bit pretty good. It was probably One of the worst decisions I've made over the last five years is to engage in that in a capacity that I would Was it was outside my wheelhouse? And I should have just kept to my strategy because I was making really good money Um, and you can make good money too. It's just um, you got to really educate yourself up on what you're doing Very cool. All it takes one good company to change your life. You know, it's funny if you say that james Read that in the intelligent investor. I think um, this actually as well came out in the Berkshire call um when Benjamin Graham admitted to um Warren Buffett That it wasn't the nature of multiple stocks that allowed him to accumulate as well Rather a couple of speculative investments that hit really well. So it's funny you say that yet It does just take one and I'm fine Here to dollar 68 or wherever it closed today. I'm totally fine Uh, I am totally fine. I really love the vision of the company. I love where they're headed My passion transcends and I'm I'm just sorry that some people couldn't Couldn't see that as for sure Yeah, I'm this doesn't reflect on you brother. It really doesn't It does bother me It absolutely does. Maybe the timing was really really off for me I was probably in a position a state of mind that I just didn't want to be fucked with at all Um, and and and that was fun. So I again, I hope it was beneficial I I do I I hope the group is better Without it because that's the way it is And it it reflects nothing on you Nothing but the utmost respect for you and the work that you put forward and Quite frankly, I'd like to convene with you someday and have a drink. You mean a lot to me That's for sure. I think your work that you put forth is above board. I think it's great and I'm happy to know you Andrea, so I feel the same way same way that that's easy. That's that's not difficult You can kind of sense when people are genuine Um, and I'm a pretty good judge of character. I judge character every single day at my job I've got people trying to lie to me up and down It's totally fine Totally fine the the issue that I have in the other cases. I I didn't know that individual I didn't know Um acting like somehow my message was somehow You know needed to be curtailed to What they expected of me Yeah, no Certainly would have cut a little deeper if it was coming from somebody that I respected and I don't know this motherfucker. So fuck him You know Very cool stuff Jared appreciate you coming on man. Awesome. Good evening to you my brother Really cool stuff I can understand your heartburn You know, my heartburn is not with highly on my friend. It's really not Um, you know, I I think I think the markets have changed so much there was a discussion again before I left the stupid platform for the last time today about about Highly on coming public now in today's market as opposed to three years ago wouldn't happen wouldn't happen At this point when it comes down to that company It's very man for themselves or every investor for themselves. Do what you think is best Well, that's true, um, you know, I look at it a little different of course. I'm independent And I'll share with you my insights as such. They are they are as follows highly on it's a young company There was a video put out tonight It was a good one. I caught it right before it came live and he was talking about Not making profit or not seeing a movement in the stock until 25 or 27 2025 to 20 27 That could be the truest thing that's ever been said I don't believe in that. I don't believe that you can say this is going to be the year And I don't believe it to the point where I didn't believe the original numbers three years ago and chose to believe them So if there's any angst at all, it's with myself putting faith in numbers that I knew were questionable And it would take certain relationships, etc. And even those relationships are being redefined now We've got to build the trucks that in austin and prove that are worth for peter built, you know even though peter built providing the chow seat they make a ton of money off of highly on the Relationship is not symbiotic at this point and and and who's to say that it ever will be to where they just Take the product on the line and actually help turn out the product In its entirety off of the line in mass volume And that was what was projected three years ago And and i'm sorry if you see it differently not you but others out there and just Choose to forget I don't I know that information was put out and that's the way it was Um, and I think they need to be scrutinized absolutely 100. I used the mechanism that I knew um to do so and and um I hope it is looked into I hope uh would be investors are protected from such debacles I don't think we'll have a spack era again What a joke that was it was a joke And it misled a lot of investors me it misled me to the extent that I bought the stock Below 20 wrote it all the way up Sold just under 20 and then have been accumulating this whole time So if it's dubbed me the verdict is still out for me because I still own my shares. I'm good And I'll continue to own the shares till 2025 or 2026 or 2027 or beyond doesn't matter um, I have An in-depth maturity about my stock application that if you truly do listen to my message and not get caught up in The the crap and the drama on the channel Fantastic, you'd be like wow, this is what it takes it takes actually investing in a company and not really caring about the money Yeah, yeah, if you care so much about the money Then go find value in that money somewhere else because you do not have the right mindset to be engaging In this type of opportunity but the hell I appreciate your comment brother. Thanks for stopping by cool stuff Sorry to hear the blanket. It's all right. Yeah, it was a blind side We're looking both sides. I was disappointed in the investor day too. Oh, I hear the first one that I've heard that I've kind of heard some trickles of some positive and very little negative But just trickles of positive not overwhelming and You know, um, it's too bad. Um, people were like, well, did Ryan go? No, I didn't I wasn't tempted whatsoever I have obligation to hear I'm I'm I'm I'm already along this line of of You know work to this company. Do you think I feel motivated to continue to provide youtube content every week? I don't know not after that. I'll get you go do it I don't care I don't care I thought my insights were valuable if people don't appreciate it then piss off no problem Go do your own thing. No problem. I do not spend my time focusing on other people Highly on is a publicly traded company. They can be scrutinized. It's all right In the same fashion. I can say that I love their initiative. I love their product. I love their CEO I love all that that's fine But it doesn't mean that they have to enjoy a bubble of comfort not to be scrutinized ever That's garbage. Okay. It's business It is business And if you listened intently to my message, you would have heard the undertone of True business criticism and what I was talking about All right still largest bag of retirement account was recently passed in current value by my Hyper position that has been living is too good. We got a little winner in there, man. I'm happy for you, man The proper 19 says cheers. I got about seven minutes. Anyway good wind it down here I'm going to chill out and continue to watch the mule Clint Eastwood I'm about halfway through and I got to finish mule tonight guys at priorities, you know, I mean Yeah, cheers to the brother always educated me to deliver the goods. I try man. I try Um, you would have never had the opportunity to talk to somebody like myself if it wasn't for that That's for sure you rock silent alert appreciate your coverage. Absolutely. I'm going to be a fan of silent alert from now on Dude's the most level-headed dude on social man really should kind of Focus on emboldening his project. I'd back him up for sure. Mm-hmm. He's good people Still digesting. Yeah, I was trying to read between the lines because you're one of those opinions that I Really respect And I wasn't sure if I got the pulse of maybe a neutral from you You know, and I'm I'm just as hungry as per information as the next right on things that were said You know the feeling and the and the pulse of the employees there or how it how it felt there in the facility You know You know And and I'm pretty critical. So I would have had my own had I went that's for sure, but I didn't I wasn't there Right, so good stuff. I'll let the haters change what you do or cheat them. Yeah Yeah, as far as what I do with what I value with my time Um, that's work and family and and and everything that I do outside of social media I'll be honest with you the verdict is still out Try a social media and then we'll talk about it like apples to apples Um, I don't change who I am for anybody and that reflects in my social media Um, I don't banter to people. I don't cater to people and I don't tell people what they want to hear I never have Um, I've engaged in certain topics that I thought were a little bit clickbaity. Absolutely 100 percent This is what you have to do to succeed on social media. See, I've since given all that away. I don't care I like having the creative Freedom to do what I want and the project's not going anywhere. You guys who subscribe to the independent investor channel No, I'm going to be here 10 years down the line So from that perspective, it won't change a thing Okay, but as far as my Volunteership and endorsement of a certain product Um, only to be treated like that. Yeah, I don't know. I don't know could have been a very very simple dm That said hey ryan, I really am feel beseeched Uh by your staving remarks and acting like a caffeinated seven-year-old Um against the company that I refuse to talk any negative about can you please lighten it up? And I'll kindly suggest that I haven't put content out in a month. Where is this coming from? Amazing a couple different sides to the story, isn't there? This will and always will be a voice for me That's for sure in a world that I feel like Cukes a lot of bullshit out of their mouth And a lot of people consume that very same bullshit. It's it's unbelievable to me I will knock out my facts The best that I can the way that I see it In a world that I think is confused most of the time confused Caught up in agendas that are not important and not focusing on those agendas that are important for individuals individuals black white purple red Doesn't matter what color skin you are doesn't matter doesn't matter where you come from rich poor Doesn't matter doesn't matter where you come from in the world doesn't matter those things don't matter Okay, the only thing that matters is realizing your own self-worth and building up that That self-worth over the course of your life. That's it Simple Well, as people's opinion do them and look forward to the live streams after your long break Ah for sure the live streams not going anywhere. Nothing is affected by the independent investor project. However, um, I will be curtailing My loyalty to the project. I will continue to own shares. Um, and and that's it That's it as far as me providing free content. I'm going to focus on those companies that pay me to do so Um, and and I'm let them do whatever it is that they seemingly have all figured out on how they're going to not burn 260 million dollars over the next two years and they're going to come out of it unscathed Don't know don't know They're going to make 10 million dollars this year Whippy fucking do 10 million fucking dollars. Are you kidding me and people were happy about that? Okay. All right. Good. Go spin it make it positive. No problem. I don't think that's a positive I think it's a negative. I think it's idiotic and stupid I think they're burning capital too fast and I think they need to figure it out I think they need to pull their creative heads out of their ass and figure out how they can generate some revenue Um, not this year, but certainly next year. Mm-hmm meaningful revenue. Mm-hmm Yeah Yeah full show Appreciate the sentiment man. Love you Love panic selling days. Absolutely. It's an opportunity for me. I dig it. It's awesome Uh, me too on investor days was a lot to take in hope the focus is as scattered as it appeared That's what i'm afraid of man That's what i'm afraid of but what the hell do I know? Mm-hmm Howling on was never a great projection since the SPAC days my investment was and is erx Which I have yet to see executed well said totally agree with that first show Pretty cool stuff Joy over reactions would understand the catalyst always nice to have some pre-cash on hand to take advantage of the opportunity Absolutely. Good stuff, man Appreciate you guys All right There's a future for carno. However without erx. It's all a disney movie in the making Yeah, maybe just be careful. All right, don't be don't be rude Ryan glad you decided not to delete your contents an educational opportunity for anyone coming along in the future Which is the reason why I didn't delete it? It provides a perspective on stocks as they are going through the best and worst So that's the very reason why I did not Hide that content. I wouldn't have deleted it, but I would have hide it hit it I'm gonna be careful on the way up the stock will go up. Okay I'm a hundred percent certain the stock will go up eventually And I I don't want to get caught up in a hype train on the way up I don't mind covering the stock when nobody else is covering it, but I will be closely monitoring The situation as the stock turns north and highly on starts to get some footing under it starts to turn out product I will be the same above board mature lack of hype train Which is a lot of what I see in the discord as well when the stock starts to get a little momentum people are in there Sucking each other off and I'm glad to not be a part of it anymore to be honest with you I'm super glad That was the last straw for me. So I'm out. I'm independent anyway. I don't give a shit I don't need others to make me feel happy about myself. It's all good. I'm fine. I'll do my own thing I'm happy you're doing my own thing. Anyway, I don't have to help support that if I'm not appreciated. It's all good. I'm out I'm out Mm-hmm first half the year is done and the barriers are running out of things to talk about since they got it wrong Well said That's so true man. My god It's thrilled to see the 25 000 ass block of highly unpopped in the arc exchange in the dollar net 69 That's a good. That's a good pickup right there. I think in between the one and two dollar mark here showing some strength and stability Over the last couple of months. It's really leveled off. It's at least stopped the exacerbated sell-off and certainly holding just above that above that one dollar mark here and Yeah, we'll see what happens. I think it'll do some consolidation and I before it it starts on its upswing Happy to be with the like-minded people. Appreciate you brother. Appreciate you or sister. Whoever you are I don't know. I don't presume to know. I don't care It's all good Matt great to see you my brother. Thanks for popping in and saying hello. Hello. I appreciate it Cherise in the house fantastic Am I still a viper? Remember? Yes, you are you are in the in the viper group Awesome stuff Very cool all the way down to the bottom man We got one last comment here. I didn't even see it at the bottom unsettled on purpose not sure must have been something This is spent the whole video whining about it Yeah, cool. Well, honestly, man, I'll send you a refund if you want prick How's that sound cool unsubscribe from the channel get lost go do something else that cool right on It's a hell of an arrangement with that guys We will go ahead and sign off here And I will take my much needed break from six years of being a rhino on social media Taking all kinds of shots from people when all it is that I'm trying to do is help people. But hey, no problem I will make my millions and it will take that before people still Get their feathers ruffled But there's really no help and a lot of people out there. It's no big deal And I'm strong enough to drag enough people along with me as long as people are willing to learn guys. Take it easy I appreciate you and we'll catch you Probably for the last week in july I will try to keep you posted but until then we'll take a couple weeks off here. Enjoy your summer guys Great to be with you and thanks for being with me this evening guys. Take it easy Have a great weekend and we'll catch you in about a month. Cheers