 Good evening and welcome to the live stream here on the independent investor channel man. We It's amazing to me. I think that there's so many individuals out there. I'm a staunch believer that As a community and as a group we can probably seek out Goals and and results that are far greater than we could potentially achieve on our own I think collectively were were extremely powerful I do the very best I can in continuing to foot stomp The beauty that lies within each individual investor, you know finding out what makes you tick and Maybe it maybe it takes somebody like myself to tune into you for a few minutes over YouTube And and have me tell you look that's all right It's all right to identify those things and maybe find a little bit of confidence in your own ability to make sense of what's going on right now in the stock market, which is Pretty brutal. It's been pretty brutal on me for the last couple months. Anyway, it's just been kind of a bad Hell hell 2021's been kind of a strange year real strange for me I've said this throughout the course of live stream No big deal. I I will continue to be an investor and foot stomp the importance of being an investor But what the hell else are you gonna do you gonna not invest? All right, I Get people all the time man that come and they want to throw stones at me, baby about how crazy I am about my application and I I beg to differ. I you know, I'm right in the pocket, baby, right where I want to be I'm Deadset hundred percent sincere on this no doubt about that and there's a lot of people out there that that invest There's a lot of people that are seeking out The potential of investing maybe they're still in the research phase Maybe there's some young folks out there as well that are that are looking at the prospects of investing and you got to evolve to that advanced investing Perspective and this which you can get when you tune into a message like mine is I Can help bridge the gap to that? It's taken me years and years and I think for a lot of people man when I talk to them They get it right away. They get it. They're right there smack dab in the pocket. They can really start to apply But I think I think those are the far and few between I do I think for the most part the masses That kind of struggle like like I do And I do I I don't profess at all To have any type of insight to the market that is not readily available to anybody else out there I'm just not one of those folks that believe that that's possible I think there's a lot of different people out there that think they may have a strategic angle on the market And that's all great and plenty. It's vexed people for decades Some of the best analysts out there and you know It's it they've come and they've gone And the market has still persisted through ups and downs To be taken advantage of by anybody who has the courage to participate long term in the market And really look at the market from the perspective of Holding through the volatility and and and maybe even looking at You know downturns in the market as we've been historically taught to do as being buying opportunities just that simple I mean really that's just nothing of what it's proved to And this is a lot of the reason why financial planners, you know, will sell the idea that in times like this they You know pay pay the most value to people in that, you know, people are not prepared for this mentally and I don't I don't I don't know what that lack of preparation. I don't know where that comes from I don't I don't know if it just comes from having everything handed to you on a silver platter Your entire life So you just find out about this awesome thing called the stock market and and people are making money hand over fist And therefore I can just get involved in the market and start making money hand over fist too It's just as easy as that, right? It's going to be as easy as everything else in my life, right and boom Then you get kicked in the teeth and you're like this sucks man. This is horrible Um, you know, why did you get me involved with this and everybody starts blaming everybody as to You know why why it is it's it's their misfortune on Seeking out the stock market opportunity and it potentially doesn't work out in the short term Four or five days a week two weeks maybe a month or two Maybe they really stretch it and they go a couple months and they're like, I can't take this anymore. This is horrible I just think that the mechanical aptitude that you need really the mechanics of investing in and of itself It's not going to provide you validation in so far as standing in the grocers checkout line And being able to pull the extra gum off of the shelf on an instant buy and you pay a couple bucks And you can pop a couple of them in your mouth and start chewing away and it's really good And it's like man, that that was the best two dollars. I've ever spent. It's just phenomenal. Holy crap I had the flavors leaving You spit it out you put two more in and you're like god dang this is incredible man That was the greatest two dollar investment I've ever made I I say that tongue-in-cheek because this is how most people look at money honestly the two gum Two pieces of gum analogy just transcends. It really does a lot of people are like hell. Yeah, man I've had my car for two years. I'm going to go buy another one And it's just that phenomenal feeling of driving that new car and just that the smell and the scent I I think people honestly, man, they they not only get addicted to You know the the prestige of having a new automobile But I tell you what man, it's that new car smell and when that smell leaves You really should go and trade the car in and buy another one for god's sake You really should because the euphoria dies off, you know And and if you can do multiple things at the same time boom boom I'm buying this over here. Boom honey We got to go get the Starbucks and then we got to go shopping over here, man While i'm holding the Starbucks, we got to get you some jewelry and we got to get you this So we got to get to that. We got this is amazing, man I'm just firing away Dude credit card smoking smoke coming off the credit card as and it's like the dopamine has hit in your mind And this is like dude. This is this is fabulous, man rib tip When you invest in the stock market, it's nothing of what you've been accustomed to do People become mentally institutionalized in about seven days Okay, so if you think for a second that you're going to fight this Like natural instinct that you have to make money and spend money and make money and spend money Spend money like this like we don't we don't actually spend physical money anymore Be real with me. Okay. We swiped the credit card. Okay We swiped that credit card now we just tap it now now we just tap that credit card, right? You understand the vicious cycle. I've talked about this all the time So when we invest and we say well, how much do I need to start Ryan? You know, what's a good starting amount? I've got 20 bucks. Can I start investing and it's like Well, maybe you should read a couple books first I just take that $20 and just blow it and get as many books as you possibly can get get the intelligent investor, man Give it a give it a good whirl spend $20. Hell get the hardback version man. Send it to me I'll sign it and send it back to you to be a signed and numbered copy from the independent investor You'll get more knowledge out of that than you'll ever get taking and buying You know 10 packs of gum for that $20 again, man I mean you could put multiple pieces in your mouth Blow a bubble this big, you know and that that is that instant gratification that we're all looking for right, right? I mean you you you got to live life Ryan. Come on, man. You we're boring as hell Ryan. God dang you boring as as hell I was walking into firehouse the other day to get some sandwiches with my kids And I had a kid stand in there. It couldn't have been more than 20 years old and he's got a Mustang GT And it's like dude this car's just badass and this kid's floating on top of the world He's like, you know, if you look too long, man, I'll let you sit in it You know what? I mean, this is pretty awesome. And I felt like saying this phenomenal, man That's um, it's a great thing having mommy and daddy buy you a Mustang GT. Do you ever think about maybe working for it? All comes down to perspective Eventually even the Mustang GTs and even the cars that you go and justify to buy Eventually turn into dust they do they turn into dust They do they become worthless Okay So when people come in and they're like, oh the stock market's horrible and make no mistake about it guys Tune in into the independent investor channel when the market's down a little bit You're getting a real treat because it's not normal To look at your money in the way that I do and justify it in the way that I do You should pull all your money out Ryan and buy lower prices. That's what you should do. That's what I should do Tell me more. I'm interested as to what I should do with my money that I've Seemingly followed a strategy to get to this particular point, but seemingly you have answers Um, I'd like to see your net worth or I'd like to see what your discipline has rendered up to this point Which brings me back to my point a lot of people think that what's going right now on right now in the market is crazy Well, if it if you don't like it throwing the towel don't invest Do you think it's crazy throwing the towel don't invest? No big deal, man The only the only thing that I would ever just wish upon people Is pure and unadulterated happiness. That's it You find well tell you what the secret to life, baby Is you find somebody that a companion that you can spend the rest of your life with If you've got kids out there and those kids bring you joy That's the beauty. Okay Stock market is not going to bring you any such joy. Trust me. It's not the stock market is a man made thing Okay, sorry ladies. It's a lady made thing. It doesn't matter stick with me. You'll get my point It's it's it's it's one of those things that you can participate in to put capital to risk to Enjoy the appreciation of said companies that you're looking to take a stake in. Okay It is what it is. It will not bring you joy and happiness Okay, if it brings you joy and happiness on the upside and you're like, uh, this is amazing I'm a phenomenal investor. I'm gonna tell you what I got this idea I'm gonna start a youtube channel and I'm gonna tell everybody how awesome of an investor I am because I've been making money in the stock market for four months I'm gonna make a money for four months and I am phenomenal. I Know exactly how to do this thing. I bought my first eight stocks and let me tell you what man six out of eight They're up Six out of eight not bad not too shabby Okay, I've got something to share with the world Because I'm up Okay We all know that the stock market has the ability to humble Really anybody at certain times of of being involved in the markets all really how Your mental approach and handling that same thing a shit guys. I buy gum too. Okay I like to chew it when I'm at the uh on the on the elliptical in the morning Uh woke up every single day this week. I was pretty proud of myself. Oh 500 in the gym, baby. How about you guys? any stories Anybody in the gym? Probably not Probably not and you're like damn ryan. Don't don't get me with this man. You judge mental son of a bitch I'm not judging. I don't care. It's 0 500. Maybe I've got a little bit of string of craziness in my mind But I don't know. Maybe it's the most same thing out there to be honest with you Um keeps me level Mm-hmm keeps my weight under control It keeps me level-headed What they would say is a stressful job, but I don't see it Um, I love my job. Absolutely. Love it. You're in the rat race, right? Okay. I'm in the rat race. Love my job I mean, I'm really proud of what I do. Like when I tell people what I do. I'm really proud of it Um, when I when they ask hey, I heard you had a youtube channel. I'm like Yeah, yeah Yeah, yeah, don't call me a youtuber. Please. I that just sounds idiotic. Please Yes, I do at some point come on and and called with Um, uh, offering a little bit of my uh, two cents, uh over a social media presence, but let's not talk about that You know, how about you? How's your finances? You know, because I really do truly enjoy talking about that type of thing. I really do But uh, you know, I I I just find it interesting all the time man I really do the perspective in in investing. It has to be isolated. You're not going to be able to take What you think you know about life liberty and the pursuit of happiness and apply that to the stock market And get 100 validation out of it at all times. It just doesn't work that way part of the gig is Remaining invested. What does that mean? What does that mean? If you subject your money to risk 365 days were a couple days away from Closing out 2021 ask yourself. How did you do? How did you do as an investor? Do you feel like that there were times that maybe you could have done a little bit better? Maybe there were some times that the volatility got to you a little bit Maybe there was times maybe to where you looked at it. You were like, damn Maybe I could have added a little bit there, you know, ryan talks about buying the dip all the time You know buying the dip is easy to do As long as you're not pulling capital out of the market to to buy the dip. Okay Don't misconstrue always stay invested in the market But you keep some of that idle cash to the side there to take advantage. I call it strategic buying. I've done it my entire life It's really made a big big difference for me There's no doubt about it. Obviously 2021 will be one of those years that I reflect back in in Really grabbing a very very serious position in in highly on holdings 2021 and back into 2020 these couple years here have been just Really really interesting and to be honest with you the portfolio has suffered Stupid move ryan, you're a stupid right the bad move ryan. That's a bad bad move Could be vertigo still out Um, I'll let you know in five years. Okay. I hope you guys are all with me If nothing else man, sit the hell back grab some freaking popcorn and watch some asshole retail investor loses wad I really don't think that's gonna happen to be honest with you this week seemingly felt a lot worse than what it was Did the portfolio reviews this evening? I was down 800 dollars and I was like god dang I I thought I was gonna be down at least six eight grand at least I mean six eight grand No doubt about it did the calibration and I'm still funding the market always always funding the market Okay, one of those key nuggets that I throw in there all the time Invest what you can when you can to the market and I don't care if it's a couple hundred bucks, man It's all good. It's all good money is relative That's what's really funny A lot of people think in society that the more money that you have or or or you've made Somehow gives you that much more of a degree of oomph Or credibility Um, I don't think so. I don't think so Because sometimes making money is by sheer nature of hard work. Yes, I acknowledge and those are the people I tip my hat to but other times Making money and growing wealth is a product of a lot of different things and yes I might suggest that luck and timing are two of those those things that go into it So I find it funny how if luck and timing go into it and really you've come into A lot of wealth that you really haven't put a whole lot of super hard work in If you have great if not No problem at least acknowledge, man that you are not the end all be all of wealth building Okay, you don't have all the answers You might have a short-term answer on a certain inject that's working for you at that particular time I know I know Then you want to go start that youtube channel and tell everybody how awesome you are And that they should try to follow in your footsteps The problem is you cannot duplicate that timing and you sure as hell can't duplicate that luck So what do we do each and every person out there man has that potential to put themselves in a position To grab luck and put it into a bottle for themselves. There's no doubt about it I wouldn't have had the the opportunity to Come on the independent investor channel Demonstrate what it is that I do and share in what I consider to be somewhat of a successful Portfolio and wealth building strategy that I'm on the strategy makes sense to myself. Okay now stay with me guys This isn't braggadocious at all But a lot of people would look at what I do for a living and how much I bring a home In the household income and be like he's got to be poor y'all right Ryan are you putting food on the table man? Is you okay shit? I feel bad for you man. Are y'all right? I still to this day have people condescending to me Really do if I don't wear a suit and tie or or I don't wear or I don't drive a bmw I mean hell I could go by 10 of them right now. I just choose not to I just choose to I have zero Zero motivation to go and make an expenditure like that people are like are y'all right man? How are you bud? You doing okay? The truth man is what we're after here And it's not until we take that objective and really almost sometimes critical look in the mirror That we that we can actually kind of put that self-challenge down for ourselves Yeah Not new year's resolutions, man. All that's horseshit Okay, you know set up a new year's resolution You want to make a life changing decision for yourself, man? Think about that jet all the time All the time How you like them apples? It may take you months, man. It might just take you months to Substantiate to internalize to understand what it is that you may have to do to change the The natural course that you've put yourself on in your life The real challenge for people man is are you willing to do it? That's a scary question and I don't know man something that drives the holy shit out of me, man Is that I think that people have more potential than they give themselves credit for I do And maybe that's my fault Maybe that's my fault. Maybe I see more in people than they're willing to see themselves Perhaps perhaps That doesn't mean that the potential is not there Guys pour a drink sit back man. You're in for the six fast to 60 minutes on youtube Appreciate each and every one of you guys stand by just sick It's like life is good man. You're all all right. You're all winners. Okay. You're all doing the deed You're all carving something out very very special, you know Success I might add Is not a big pile of paper. It's not okay So that's why I say that it may take months In the evolution of living a fulfilled life, okay finding a partner Astronomically more difficult than investing in the stock market Catching the lightning bolt of luck timing, right? Very difficult, right you can't duplicate luck You can only rudimentary put yourself on a plan that only puts yourself in a position to maybe potentially Take advantage of maybe good timing Maybe an 11-year bull market. I I don't know You know, it's going to be interesting to watch the landscape as this thing turns on its ear because My core and perspective my core and perspective Has everything to do with why it is that I do what I do Through investing. Okay. Now I expect that down the line That plan is going to render results But I don't substantiate that In in the short and medium term In other words, I don't look at it day to day and say wow today's up. I'm a better person for it It it doesn't make any sense for that. It doesn't Okay, this is going to be a long and winding road it is and Your expectations of the investing game have really got to be on point And you really need to learn and if you haven't learned this yet on how to separate from your money It's it's critical to learn this psychological Mind f is what it is The ability to separate from your money. Okay And this is the importance of what I talk about all the time and I catch shit for it all the time It's like you guys should have an emergency cash setup. Ryan. You're losing out to inflation. Ryan. You suck You're never going to incur an emergency. We're going to need cash. You just just take the whole wad and throw it at the market Okay, again I'm really interested in people who know more about what it is that I should do it. You could be right You could be right. You got me you caught the tater You caught the tater You could be right But what is right for me Is what I've decided to do and I have some Situations in my life where I've been over levered to the market And I haven't had a few dollars to go and and buy A can of pinto beans to eat to eat. I needed to eat. I needed to eat some foods So I didn't faint fall over and faint Right So I was over levered to the market. Okay And this just comes back to my importance of What is that careful balance of identifying as many strategic buckets as I possibly can Okay, and there's going to be schools of thought out there that are like, right, you suck man Just invest the whole wad. You're young. Go at it, buddy. You're the man Well, I am the man because I'm an independent investor. Okay. This is what we advocate for If I can keep 60 percent Of of the money over the course of my life on my side with my liberated dollars Look, man, I can afford to put a little pater into the savings account and be totally fine to lose out to inflation. Why? Because I have that accessible when I need it to strategically buy the market when when I when I need now If you can remain totally levered to the market and you can stomach the flood the fluctuations in the market Great. I just think a lot of people say that they are And they're really not It's damn tough guys Damn tough Now people all the time who are like, hey, this is awesome, man I'm gonna just invest in these 12 or 15 stocks Diversification that sucks. You suck Ryan. Go suck one You suck I'm just going to invest in my top 12 to 15 bulls. That's it It's wonderful while everything is just chugging along And this is so fucking awesome and stocks never go down man. This is bad house And then and then it does something that you cannot even fathom It goes down and you're like what what the hell is going on? No, no, no This is this is not happening and it does and it happens and it happens for a prolonged amount of time And then those 12 to 15 stocks that you have man, and that is all you have Now if you could strategically buy them because you have no money in your account because you've put all your eggs in that basket Right because you've heard Warren Buffett's philosophy about putting all your soldiers out front to go fight the war for you right Without even the thought of maybe thinking maybe this isn't for me Okay, maybe there is a little piece to a value type of proposition in my portfolio, but I didn't need that Hell I needed it when it was going up every day and it was making me piles of money But I don't need this jet right it goes down every single day. This is horrible. This is this sucks I didn't sign up for this. I did sign up for it going up every day But god dang it i'm going to go in and get some inspiration from ryan on the independent investor channel That's what i'm going to do man. I'm going to get some spiritual Intervention from the independent man Come on in i'll help you too All right, but the idea is to step back every now and then and ask yourself It does this make sense to be this uh totally levered There's a lot of folks out there that you know are going to rely on those invested dollars As the sole source of their retirement funds when they get older, okay Do you need to be playing with your retirement in that way? How is it that we can deploy a few elements of tried and true behavior in the market that are defensive mechanisms and and again man when all everything's hunky dory It's like ryan sucks man. He just doesn't talk about he's just not sexy enough, which is just not true I'm a very very sexy bitch But when it comes down to talking about What it is that's sexy in the market It's only good when it's going up and then it's like defense diversification. What what the hell is that? Me i'm like i'm totally fine. I've got 60 percent of my money right now in tax protected accounts that are diversified in nature across multiple index both the total markets international markets and You know, I really like the vig. It's really good. I've only owned it now for about five months. I really I like the fund It's really cool. It's a great fund It's actually up it's whipping some ass Now v.o. Oh, I'm up a fortune and right now fortune all right, so title of the video is interesting to talk about the stock crash and that's exactly what I do I talk about the philosophy of the stock crash because everybody wants to apply the chewing gum mentality Chewing gum mentality to the stock market Chewing gum and damn it if I maybe if I just chew the shit faster, man I can just keep that taste going man. This is this is I love this when the market's going up But man, I sure hate this when it goes down You know I don't know find that core Find that core find that center Find what it is that makes you tech. I went to uh My daughter's quiet concert last night, you know the christmas concerts and the auditoriums, man And I was like, I don't know it's been a really challenging year for me man. I broke down three times crying You know, I heard joy to the world. It brought me back to my it was nostalgic man It brought me back to my church days and I was like, holy moly. I remember that stuff when things were a lot simpler and a lot more peaceful and The demons hasn't hadn't exercised their place firmly, you know not a lot over here You know what I mean as it got something over here, you know, I mean it runs right along my part You know what I mean right here, you know over here not not a whole lot But right here I tell you what you screw that up Yeah, my hair just ain't gonna look right, you know, I mean It is the season I'm telling you man I've held off this whole time man, but I gotta watch the real version with all the cussing Don't sell yourself short and watch the censored version on db, man. Don't do it. Don't do it Watch the real version, man. You gotta see the cussing. Okay. You gotta see the rant. All right You gotta see the ramp. Where's the tile at all? Gotta do it man Take a break Life is good, baby Life is good Love it. Love being on here with you guys. We will be taking next friday off. It's obviously Christmas eve We will do the last live stream of 2021. You will not want to miss that If there are 62 viewers in here getting to see a nice free show You didn't have to pay anything to get in here, which is great. That's how it'll always be Because There's nothing there's nothing special about what my rants offer except for a very very deeply rooted Passion for trying to share some perspective with you That all too often I see lacking in the world lacking really maybe just even a sense of humor A little bit about this stuff. I don't know. It's like that thing. I don't know Claude This is just terrible. The market's just horrible. I don't know man I wake up and I look at it every single day. What in the hell have you done to us, man? The portfolio goes down every single day. This is horrible and it's like It's like, I don't know cletus. You're the same person that you were yesterday or the week before Jesus I don't know. Maybe I should just sell everything jail with it. This isn't worth it having my wife complain to me every single day Of note, you should probably pulse in with your significant other as to what your investing plans are So that way if you end up in something like a I don't know a 2021 That does nothing that burned the portfolio down. You guys are on the same page and understanding that the gig is more long term I'm betting that amazon's gonna be around in 20 years. That's just my bet. I don't know call me crazy, right? You are crazy What's new? I think if anybody can Somehow convince me That not investing in the stock market is somehow more sane or more controlled or somehow Investing in the market is is is insane. It's not for me. Yeah If you can convince me that those people who have justified not investing Is less than investing in the market, please do so Learn me up. Learn me up. I'm listening I will I will digress from being the teacher and I will be the student If you can tell me how those people out there who are quick to criticize others like myself who are trying to carve out something Very special in this life Is on some sort of a chosen path And they can accumulate wealth without the help of the stock market. Perhaps maybe they're doing it through real real estate. I don't know Totally totally awesome. I don't come from money Give me a mill mill and a half two million man. I'm dangerous. I start my real estate career. I'm good to go man I'm looking to network with people. No doubt about it. You think you're interviewing me wrong. I'm interviewing you right now Yeah, seriously, it's like everybody starts on some subscribe and what the hell man. No way. I'm out of here. This guy this guy's crazy You know, man I'm trying to build some lasting relationships with some people and some people here man that they make their way into the independent investor Live stream every single friday because they they know they don't think they freaking know It feels right and they feel like they're part of something special because they are they absolutely are And I can't do this project myself I'll run out of time Yeah, um, it was a means to an end for me to come on and and really try to put the feelers out there And meet some great great people And I have I sure have It's really fed through my viper group. There's no doubt about that And um, I think going into the next coming years Those would be those would be products that we Absolutely look to build out Um and bring some people in that are some players. No doubt about it that there's killers No doubt And and have that core mentality You know, they're really centered correctly on in on the inside and this day to day in the market doesn't get them all Freaked out. You know what I mean? It's they're just They know how to do it and it's all about the business. It's all about the plan It's all about the execution of the plan and through sound execution, man. The renderings will follow Okay Invest in the dividend stock don't be surprised when it renders a dividend. It's going to You placed a well-laid plan or investment And that investment paid off to you and let me tell you it's going to pay off four times a year How about value this week a value whip some ass? Um, I I was up 25 on Pfizer. I went ahead and took profit yesterday rolled back in 50 shares man of almost all house money Man, that was a big win. Pfizer man. What a what a whip ass run-up that's been on Proctor and gamble camber lee clark. Yep. You remember some of these? No, I don't remember right? I've been busy following, you know a firm and a son and Shopify right Do it all Get some growth Get some value Get some diversified index funds ETFs, whatever it is Jam it into the account that I talk about again in sequence Look man, if you've got plenty of surplus capital above 6,000 Lovely come talk to me if you don't haven't won that spouse over yet You know that significant other well then totally man. You can justify Um starting that Roth IRA if the income isn't up above the 130 for a single income Person and I've had some people come by and they're like Ryan. I make way more than that You know what what are the options for me? I just like geez. I don't know man contact me directly. Okay, like you're already a winner I'm speaking to the masses out there who have never Myself included never made 130 thousand dollars in a year By myself Okay, so I I just would go out on a limb and say maybe there's some others out there Maybe that are in the same camp as me. I don't know. Maybe everybody's looking at me like you Ryan You suck. You're not a millionaire. Everybody in here's a millionaire, man. You suck You pee on your peasant I Was giving somebody's the business This week on perspective and talking about how lucky some of us really are there's no doubt about it I was like if you don't think you're lucky um go to some third world countries and Roll around in the mud for a while naked and tell your hungry wet and cold and tired and you don't have a bed to sleep on And you don't have food right available in front of you or at least one drive up and around the corner To pick it up or or you don't have a tj max to go and get that discount clothing Not as bad as you think that it is as a matter of fact, I'll just tell you a little bit of a truth bomb It's probably a hell of a lot better Then you give yourself credit to enjoy in this life. No doubt about it Get to some comments guys Fantastic. I just want to thank bob, man. He's been with me for a long long time. Really appreciate his devote Subscribership to the message means a lot to me man a good friend of the channel Um ex-service member man my hats go off to you man. I just love you to death. You just you just a bad ass, dude No doubt about it. You're a lot like me when I first met this guy He said I'm honoree ryan and I was like good. Good me too. We'll get along great because This is this is what we're missing nowadays is everybody wants to just Get along with everybody and and although I think that's a very very noble clause There's some god-awful bad people in the world There there is a difference between good and evil Okay, if you want to walk center line all the time go right on ahead man. Um, I will not share in that sentiment. Okay Um, I'm trying to focus on those things that are good. When was the last time you helped somebody? You know When was the last time you did a good deed when was the last time you helped your damn self? Oh, I'm not selfish ryan. I'm trying to give away the farm. No, it's okay Be selfish if that's what society wants to deem you take care of yourself first Then you can look to take care of others Very very simple approach. Okay, but if you can't take care of yourself How the hell you expect to take care of others man? It's just not gonna happen for you. All right Toughen up a little bit. Okay, the erics erics fantastic been their brother in the sand Yeah, man. He knows what I'm talking about. Come on, man. And these people too, man like erics talking about We don't say that stuff to judge others who maybe haven't put themselves under the press You know, it's just that I've been there And and you learn a lot about yourself, man I had to get myself out of the sand In a lot of different ways. I'm talking, you know From from an you know, like an analogy, but you know, you guys understand It's when you've been in those rough times It allows you to kind of define for yourself your your range of tolerance in this life And it kind of allows you to understand who you are And when I'm pursuing this project With the compassion and ferocity that I do I'm right in the pocket. I feel the most alive. There's no doubt about it. I really do Verge is throwing down man He threw down two dollars because he heard my analogy of the chewing gum, man And and and he he wanted to support that initiative. So next time I'm standing in the line at Walmart I'm going to pick this gum off of it and I'm going to be like, you know what? This is on verge right here, baby And I'm going to pop it in my mouth and I'm going to be like, you know what if I could just invest In the manner in the way I feel right now chewing this, you know, within the first 20 seconds How good it is when you take that gum for the first time? Yeah, we try to invest that way Verge, I really appreciate it man. Thank you for all the All the support man everybody everybody's awesome man. I love y'all no doubt about it Guys are all part of something special. I'm just here to write the business. No big deal. Very simple Gotta love the channel. I do. I love this project. I love you guys. You're what makes it up I sit here before the live stream about 45 minutes. I'll drop an invite in I wonder if somebody's going to pop in nobody ever does say hi. I'm just sitting here by myself Whatever it is a couple people trickle in waiting, you know 10 12 people anyway And I always wonder, you know, is this going to be the night where I tune in and nobody Nobody turns into the message Never happens that way man, and I think it speaks to something that's uh kind of hard to put my finger on At this point, but it feels right No doubt let's jump in real quick man. Talk about some portfolios here We were down week over week, but I I really was it's amazing how these things transpire week over week taxable account here Some additions to note added a few more doubled up the position and vti on this dip So we're sitting strong with 50 shares there So I'm satisfied still holding, you know, I almost doubled up the position and bowing here 190 but I did opt this week to actually increase my position to Lockheed Martin 25 shares in Lockheed man. Yeah. Yeah, not too bad for a small-time player bad baby on a on a blue collar salary Not too shabby 25 shares of Lockheed Martin do the math. You bet you Added sales force in here is a value play dow component In the portfolio. I did declare and I felt real bad. I dropped the video on highly on this week And I was going to declare that I did actually liquidate some shares 4 000 shares out of the brokerage account to take the tax loss And and I did that To do the tax loss, but be honest with you That was kind of a bitch scapegoat type of an excuse to be honest with you I identified for myself that I was a little more over levered Then I wanted to be in what I considered to be a falling knife shit at the time I did the 4 000 liquidation it was a product of about two months Of of of just not wanting to do it but really being stuck in a box. Could I have held the shares? Yes, I could have but it was affecting my health And I went ahead and the liquidated the four dropped it to a 1700 share position In the brokerage account. I still have 7750 shares Which now I feel significantly better on I feel like I'm right in the pocket with my position I'm good to go. I do have access to another 5 000 shares right now So the total overall share potential shares That I own outstanding right now 77 50 with uh an additional $5 000 in call options They're perfectly fine right in the pocket with that. So I thought I'd declare that in full transparency I've been pretty bullish on it. I know there's a lot of people holding the bag on it And and so I you know, I I want to at least give you the idea about what I'm doing It it has nothing to do with selling out Of the company it just I really didn't want to take that large of an outstanding position down into the two or three dollar range And at the time we were accelerating And and it seemed like the company really wasn't doing a whole lot I haven't seen a whole lot since then that I would really consider To be to be like to be really that tangible or exciting In way of you know turning the turning the story around The delay has pushed it to 2023 man. I was like, you know what? I can't do it So went ahead and paired paired but paired that back We'll get it back. There's no doubt about it. We'll get it back and We'll we'll continue to fight another day But 77 50 is where I sit for you guys that are Highly on airs out there and and follow that anyway roth one here 115 nothing too crazy I did add a little bit to the o in l position which spun off of realty income That is an office space reit to triple net customers So very good clientele that go into that o in l trades about 18 bucks right now Does not currently pay a dividend, but I'm bold in bold in the position up to something Spun off 10 shares for me, but I beefed it up I think I put another 65 shares on top of that o in l position everything else Was maintained the same. I believe I'm going down the list here. Yep Yep, everything else remained the same like I said the little swing trade advisor This week just to I don't know prove to myself that I could Matt money sold Wells Fargo. I actually added back in I really did I think in a higher interest rate environment We ought to do quite well in the financials. Everything's getting getting their ass kicked right now So who's to tell it's hard to pick these winners, you know out of the weeds But I've always liked Wells Fargo's business and I believe they're past the the scandal and the controversy And I like the where it's trading right now at about 12 times 12 times earnings on wells. So picked up a small token position there 65 shares or so 75 maybe 50 50 50 shares of wells is what we what we went with there Roth 2 Here we go one on one Alibaba Probably the biggest disappointment that I've had this year holding true on Exxon mobile was a really good Move on my part kd. That was the spin-off from my vm. I am bold in that position up as well All of my passive ETFs are up the triple queues are up nicely Kimberly Clark is back in the black. I've had that in the red for a long long time I've owned Kimberly Clark now for well over well over a year Maybe even a couple years and it's been really a bad bad holding for me I've just held true dividend reinvesting now. We're almost back in the blacks solidify the position They're very stoked on that Just a wonderful staple to own in the portfolio. Just an absolutely fabulous company Here's m1. You can see the sparkline. We were down across the board and god dang near everything It was not a good week. It's just hasn't been a the last couple months have been pretty pretty bad Are we going to have a Santa Claus rally? I don't know the year's not open I'll let you know december 31st on the Spirited into the year live stream that I do to cap up this which has just been kind of it's been a weird year I'm not going to say that it's been bad because I don't I don't think that way The successful mindset doesn't allow you to think that way I've just been overly critical on the investing piece From a business perspective fabulous put me in a perspective right now. I'm reincorporating the company I'm super stoked on that reincorporating the llc Super stoked on that You know we're we're going to do a nice clean division here of the company Look to scale up some of the existing projects that we have Whether or not that turns into something or not. I don't know I don't care. I build it out just because I enjoy doing it. It's fun And it provides people more access to me if that's what they choose to to pursue It's either that or you can go join the financial fortress. Go do that But by by nature of the way that it sounds it sounds pretty badass like You could be part you could be with jeremy in a castle with a moat and a drawbridge talking financial Literacy with each other and you could be making each other wealthy on the fly. It's a beautiful thing I think you'll find in reality. Those things are probably not quite as Not quite as easy to obtain And you'll pay a fortune for that realization. So My private groups are significantly less than that significantly less And I'd be hard-pressed to say that there wasn't a ton more value in that And we're enjoying it where i'm fun. We're wealth building together. Here's the etf portfolio doing fantastic Here's the dividend growth portfolio. See when I talk about Buying the value stocks from a singular nature. This has 79 holdings. It's not diversified Okay, but em one finance allows me to put a relatively small amount of money I say relatively because it's spread over 79 holdings and 10 Different slices within the portfolio, right? It allows me to invest in that capacity and man, I tell you what I get an email almost daily You made another dividend or these three stocks have paid a dividend you made this much It's pretty cool. I'm really excited about the prospects of this old girl This was the one that actually was up week over week up a couple bucks This is the bond portfolio. We're going to try to get some fixed income into the portfolio I always enjoyed investing in it. I don't know why I sold it in the first place So we're going to try to put some safe money in here this yields right on about 3 percent in the portfolio And I I don't think I've rolled this out just yet I intend on doing that As I chronicle it for you guys TSP. It's been a real iron side for me. It's been a nice performer this year I looked back and just not too long ago. I was 27 thousand dollars here. We up or Closing in it's been up above 62 1063 grand. I do fund this pretty aggressively. This is 20 percent of my income goes right to this so If you don't think that I'm serious about my program Retreat recheck your criticism. Okay. I The the monies are flowing in there and you think wow, you know the stock market's terrible right now Don't you think that maybe you should like pull it all out? No, these are the very times when I look at it and say my dollar cost averaging right now is working The further it goes down the better it's working And that's just the perspective that you got to look at it It's just that simple and I truly do I don't just say that I truly do believe Because it's been proven to me over and over and over again The real takeaway for you guys is to prove that for yourself If you can show yourself that you can buy in a downturn right in the face of adversity When youtubers are coming out saying the stock market's crashing Ryan's got this video out that says we're all nose diving to the turf Buy into that okay I don't know if we've seen the end of it. I don't really care. I don't really think that way I'll continue to be a steward in the market. We'll monitor it and I'll let you know my polls from week to week here This is the vanguard's growth. This is kind of cool. Got this tucked into the robin hood And then the weeble account is 1318. This is a mid cap here in this one Swissf has holding nicely. This was up a little bit a $4,300 bill in Swissf here. That's a globe x kind of a spec play anyway Shoot small company a small company. She'll go to the nasdaq next year If you didn't pick up on that tidbit, I'll go ahead and repeat it for you home gamers It's going to the nasdaq next year swissf globe x very good stuff Crypto so for all you guys that were crypto maniacs and you figured out that the independent investor channel got involved with crypto If you're wondering why crypto goes down every day. It's because I invested in it So if you need me to sell out of it so your crypto can go up Just go ahead and go ahead and send me via venmo paypal Zell whatever you'd like if you you'd like to make a contribution to the channel You can do that. I'll go ahead and sell out of my crypto so you can go ahead and continue to make some money because Um, I I'm not really sure if I understand this whole circus But um, maybe I'll understand that I'm going to keep it in there Just to prove to myself that I can't actually make some money with cryptocurrency But let me tell you what man. This is this is a complete joke. Okay I I I don't understand you go on and you still have people on youtube like shib shibinyu noona shibinyu noona It's we're gonna burn all the shit and your shit's gonna go up And it's like dude people are pumping in there like thousands and thousands of people It's like wow man. Did you check like it goes down every day like I don't really know what gives but anyway people tuned into that and they're like, yeah, man I was at the concert last night and there was two people talking behind me and they were like, yeah I got 60 60 that 60,000, you know, I got about 60,000 on the run-up I never sold, you know, because I believe in it wholeheartedly I felt like turning around to me and like you can believe in something all you want man, but It's it's not it's not what makes something go up and It's like wow people have more conviction to me now. That's crazy. That's crazy This is like less than 1% of my portfolio. So Keep it in perspective here guys. Just having a little bit of fun with this old girl. All right Down fractionally week over week. We're good $5.05 here if you question why you tune into this it's because of the very validation It's because I've worked a lifetime To have enough to buy a couple sticks of gum when I'm standing in the line at wal-mart. Okay So $5.05 fantastic. We're down about about a dollar or two anyway week over week here in the portfolio Acorn holio Reaptip that's what I'm talking about, baby. You betcha get back into some comments here. How you fantastic? That's cool, man. Yeah, that's a super check man with Justin mows in the house fantastic Oh, shit. I forgot to clear out my five dollars and five cents, didn't I? I gotta get it off of there. There we go. Okay back to the comments. I'm in tostico I saw a comment that I thought I wanted to get to we're gonna go a little over time tonight I know the gents won't care. I don't even know if they're in here I'm scoping through I got I got all the diehards loyals man Matt and kyle are usually in here man. I'm scoping and I don't see them Dang it all man They're gonna miss me shed in a tear because they are not in my live stream. God dang it That a suckers Start at the bottom and see what's up Matthew Simmons, man. You get it. You're you're at the very bottom This is have a great christmas ryan all the best to you and the family. You betcha tsp going up a thousand It's 20,500 next year. Thank you for that. Absolutely 20,500 of eligible contributions. You add that to the existing 6,000 of individual Roth contributions You add the 6,000 of additional Contributions that you can make as a married person you're talking about some serious wealth there Potential tax protect for a military member. It's huge Military member or government worker alike I always say, you know military there and I hate to cut out the anybody that's eligible to attribute to tsp. It's a beautiful thing. I can't I can't do that. I 20% 20% was about a contribution of about it'll shake out to be a little over 10 11,000 So shoot man. I I'd have to beef up, you know to 40% almost half of my pay To contribute to meet those caps and um, I'll eventually get to A point where I'm doing as close as I can to that maximum But man, that's a lot because I do max out the individual Ross. That's 12,000 in addition to that But I think the point the takeaway here is for young people to understand that civilians or at least people who do not have access to the tsp Only have the ability to tax protect in individual Roth accounts Whereas military members and government workers alike have the ability to tax protect to 25 as Matt Simmons has Nice and graciously shared With you guys in addition to the individual accounts. Very cool. A lot of people don't know that It's very very awesome benefit. It's huge All of my tsp is Roth tsp all of it the whole thing every single thing Matter of fact, there's like four or five hundred dollars that I started in the traditional When I first started it because I thought I was going to be able to roll it over Ha ha ha I called them and they were like, are you an idiot? No, they didn't say that but they made me feel like an idiot because I was like, okay Yeah, all right. Well, can I just take it out and then reinvest it in the Roth doesn't work that way either We'll get you for a penalty put out about it. We'll get you for a penalty. Thank you such for a lively stream It was lively. I was feeling the sauce tonight. No doubt about it really was Merry Christmas to you All good. I tell you what man one of my absolute favorite people and I've never met her in person never and uh Just a wonderful wonderful person. She's come on behind the scenes. There's a private person just like I am you can tell Right, um, and she says hi to me in the family. She's met. She's met my whole family Just an absolutely beautiful person Absolutely beautiful spirit And you make me a better person because I know you that's the biggest compliment that I can ever pay somebody Merry Christmas to you. I just love you to death. All right. Be well Keep on with uh chugging into 2022, man. Let's uh keep the party going. There's no doubt about it. Let's do it All right, very cool. He says let's meet in vegas. I'm down. You say vegas, man You're uh, you tempt me like that. We used to do that in los angeles, man We'd be on the road boom zooming over there four hours later. We're in vegas Staying in the plaza true story Oh 19 bucks a night, man Yeah, I used to 19 bucks a night I go win a couple hands of blackjack and I could pay for my you know my extravagant stay in las vegas, man Stay at the strip. Why I can go walk the strip for free. I'm gonna stay downtown I can pay 20 dollars and I can go to Fitzgerald's and the golden nugget and have a hell of a buffet, man Gotta have your priorities, you know what i'm saying It's very cool stuff, man Sarah, Merry Christmas to you. That's thank you so much, man I'm gonna stay in a little bit and do some well wishes for you guys. Absolutely. It is the season I'm gonna stay in a bit longer for sure Two to three range. Why do they get the two dollar valuation? I don't I really don't I cash on the book right now I mean, this is what we're using to value the company right now Um, it's funny. I see technicians trying to value. I see fundamentalists trying to value the company Um, I think all of its futile. I think the company is going to do what it's going to do I think there's going to be catalysts that are going to jump the stock Up into the mid-teens and everybody's going to be like god dang. I got that sucker wrong Look, you want to invest in the company you invest in the company If you think it's going to two and you want to wait to two go ahead and do that I don't think that's going to happen. I don't I think it's basing right here. That's just my perspective I've said that a while. I've been wrong at eight. Do I think we're going to see lower than eight? No, I don't look at this man enter into the fives just today Never been so happy to see the stock up 25 cents today. Never been so happy, you know To show that type of of strength and base out and I really kind of bounce a couple of times, you know I mean sherry baker's entry was about 605 Did she does she or the other execs the four that have bought a little bit of shares anyway? Um, I just you know, my frustration is with paul cardo. He does a great job on the rat packs. He's super smart guy Really like him. He's you can tell he's always trying to walk that midline a little bit that neutral perspective, which I can appreciate. I wish he was a little more scathing. That's just not him he doesn't want to do that because he understands the impact of his message but He was a little critical on that last thomas healy interview. I thought that was well founded I did I just it's so irritating to be asked cart blanche about the recess stock price And to completely dodge the question And he gave thomas healy a little bit of credit for answering the question I was like he didn't answer shit He didn't say shit about it. Let's and I'm a little bit more scathing with that Like I'm not trying to get down on the ceo. I am I am I get down on him. That's why I pissed off the interview And he'll never be on the independent investor channel ever Like and I just don't I don't care because I'm going to say what I want to say Say that shit. Yeah. Hey the stock price is in the shitter what we're trying to do right now Is drive shareholder value by doing alpha bravo and charlie, right? We're going to do these things to try to bring the stock back in 2022 We're going to try to do this this and this Never says that just ignores it like he's running a different different company than the one that's publicly represented Through the stock. I just don't get that own up to it. Be a man. Have some stones. You know what I mean? Come on man. You call yourself a race car driver or a race car enthusiasm Like really I would race you you seem to have no competitive spirit whatsoever Like this should piss you off fight You know, come on. It's always like uh, it's okay Cummins just came out with the the engine and and they're gonna compete with us and therefore we we're just Just gonna just do not exist anymore Jesus I I just like you got to be kidding me. I'm invested in this guy really Jesus my stock in Highly on has been fine My stock in thomas healy has gone down a little bit based on the last few interviews and I just I don't know if he's really In tune with what the hell's going on. He's a smart guy. He's got to be He's got to buy give him the benefit of the doubt no doubt about it It sure doesn't come through in the interviews man talk Come on thomas talk start a youtube channel man. It'll toughen you up Jesus Oh man, Aaron in my crypto. I own you a stablecoin earning 9% a year. Very cool. That's awesome Thank you for sharing that. I really really appreciate that. I've been losing my ass Um made a lot and now I'm losing You know, it just I guess that's just part of the game. No big deal. I'll I'll stay in it for the long term. No big deal but Anyway, guys, we'll start to to We'll start to wrap it down a little about thoughts on qqq. I own it. It's fantastic projected growth man look over the last five years Um triple q's is at least two and a half to two x Yeah, um, so I worry a little bit about that. I do Um qqq is a it's an interesting makeup of stocks. It's not all tech in there. It's it's it's interesting It's an interesting little product. I I own 25 shares of it myself It seems to Accommodate a very nice little corner of my Roth by array. I like it for me. I own it personally in my account And I like it what I invest my entire wad in it No, and I certainly wouldn't do that at this juncture because it really has had a nice run Especially of the last three years I can remember the triple q's man down at an area that was like man alive and I do own some uh vgt as well Yeah, which is vanguard's technology So I I do own that I own about four thousand dollars of that I own about ten thousand dollars like I said in triple q's. That's good for me. I'm good So control a little bit of scale If you wanted to scale into any position you could do that I think the product is phenomenal. I think it's a top tier product And I think it's a great product for any young investor tech's not going anywhere I think tech 10 20 years tech is going to be the place you want to be it's always been my favorite sector It has been my whole life It has been up to this point and I I believe it will be in 20 years So by conviction on technology has not changed As a matter of fact, it's probably become more fortified Over the last coming years. No doubt about it. So great investment Just scale into it now at these levels is is my recommendation if that's what you're looking at To to house a little piece in the in the portfolio. Um, I love the product. I own it myself Absolutely All right investors. I'm gonna get the feel but I've seen me hide. He is so Got your first M1 spider. You bet makes total sense. Well, I tell you what brother You're the only one that's ever said it's made sense. Uh, you know, why not just invest in the s&p 500 Right. It's one etf Why it makes sense in M1 finance to me is I get to throttle it a little bit more Customizable in the way that I want it and that's what makes sense to me furthermore I like the ability to fund all of them at the same time So I can just throw it at M1 finance then it divvies up over the portfolio But uh, I enjoy the hell out of that portfolio. I really do the verdict was a little out when I started I thought man, where's this gonna go? I like it. I like it a lot. I I absolutely can see this sucker getting up to 50 100 grand No doubt about it. I love how it performs It does pay a dividend that is on par with the s&p 500, right? That is not why I invest in it I invest in it for the diversification and the ability to put that little bit of top-end waiting toward technology I just think it's a great way to hybrid invest. I wouldn't do it exclusively Okay, um, I I think the total market indexes is a better way to go holistically to hold, you know Hundreds of thousands of dollars But if you wanted to start something like this to house kind of a strategic angle Let's say you've got 50 000 in the portfolio. Let's say you've got 10. It doesn't matter. It's relative if you've got 10 I like the idea of putting a $500 bill in this portfolio and starting to build it up over time Then you've got $9500 to play with with the total market ETFs Maybe buy some dividend growth whatever it is that you do with your strategy. It works really well This just fills kind of a strategic angle for me. That's all it is. It's diversified. Yes Pays a nice stipend of a dividend. It just does represent the market I can strategically buy the market at any time by funding it up When I see dips in the market, it's wonderful You'll see the the buy-ups that I've done in the portfolio over time And that's just something I like I like those strategic buckets to work work work While I'm doing other things and then when I come back to them and say, you know markets off 20% man Let's let's throw a little strategic inject in there. It works perfectly for that I find it difficult to find a lot of criticism with this angle whereas on the onset I was getting a lot of criticism For why that why I did that and I like it. It's a cool way of investing. Appreciate you stopping by brother. Thank you Very cool stuff. Yep Very cool, man. Awesome I've got Lucy. Lucy's here. Ricky Holder here. Fantastic. Fantastic. Great to see you Start to kind of crank it down a little bit guys A heck of a gallery tonight, man Really appreciate all the support 2021 man. It's been nice. I get just about as much benefit perhaps maybe Out of this gig as you you guys do. There's no doubt Project means a lot to me. It really does It means a lot to me and so far as I believe that there's people out there that can hear my message And I say it from a lot of different angles every single Friday I say it in a different way. I throw in a few jokes. Maybe I get a little crazy every now and then that's fine but in all sincerity To empower one investor at a time is a very very powerful very very simple Very very It's a transferable message To a lot of people it's scalable If you can relate with the fact that I didn't come from money I work very hard for my money on a blue collar salary I might add I am part of the rat race I don't have a lot of Patients for people who are trying to take shortcuts in life. I do value hard work I do value those people who maybe want a little bit more out of life If you can relate with some of these concepts, man, you're in the right place And I'm not going anywhere this message stand the test of time. It's an infinite topic I'm one of those youtubers man that never ever ever Runs out of a topic to talk about why because there's probably that one next investor out there, man That if we can get to and change their life Um, maybe down the line man, it might be cool. Hey, they caught a live stream many many moons ago And they can say hey ryan, I caught you that it motivated me. I got to think about maybe Um, you know making myself a little bit better of a person For sure and that's all we're ever striving to do man. Nothing special about what I do Nothing special about it the real special piece is to bring out the best in people that that sometimes I contend is there I see it where maybe even potentially a lot of people don't see it in themselves Guys, take it easy. Merry Christmas to you guys We will be off next Friday and observance of christmas eve. No doubt about it Have a merry christmas to each and every one of you love you to death Great to see you. We'll catch you on january 31st for the last live stream of 2021 You will not want to miss that guys stay tuned And we'll catch you in two weeks for the year end 2021 Merry christmas to each and every one of you guys be well. Stay safe. We'll catch you in two weeks