 Love to welcome everybody to the independent investor channel live stream. It is one of the most unnatural Things on this earth to incur losses in the stock market or go through volatility Where the downside is somewhat prolonged? I'm totally with you and until the Availability of information Just constant information. It really wasn't possible to Talk about what what's going on why things are going on the way that they are You know, we really for a long time there and I'm talking about what our outlets were in Investing and where the financial planners there's books written on this guys about the psychology of the markets and Retail investors specifically being unarmed to deal with The investing volatility Somebody asked me today. What do you think right? You know, how does it feel? So it feels a little different for me I've been talking about this for the last couple months on the on the channel and you never really know if it's going to be one Of those hiccups in the market or it's going to be something a little bit more systemic obviously there are some Some impacts to the market. I don't think any of them really are systemic I think some look some are bubbling I've talked about the real estate market for quite some time, which is somewhat cumbersome to me or worrisome And then everybody's talking about the interest rates potential for this year That's what's going on right now is the stock market is looking to price in some of those moves as well but to be honest with you in my daily Monitorings of the portfolio and the progress that's being made. I've been Slowly seeing an undercurrent for the last probably three months. I would call it 90 days I would 90 days of undercurrent of stocks not only from a broad market perspective That we're being propped up by some of the largest companies that make up the indices Apple Microsoft Google Not so much Amazon. Amazon's really been off for the last Year and a half. It's it's it's underperform the market. It's really providing some interesting opportunities now To start to look at some of these companies for the long term And so that that's really kind of my pulse a little bit. It is absolutely unnatural There's no doubt about it. This is where people look at the market and they're like hell am I doing? You know you look at it in the short term or you look at people and people start talking about it now and people start talking about You know see I told you so and you know for the previous half a dozen large YouTube channels out there that are talking about The stock market crashing They figure eventually they'll get it right So, you know when it does hiccup a little bit and then it goes back up again Those those types of things die down a little bit The grumblings go away a little bit And then when things like this crop up Boom, you've got all the naysayers coming out and talking about the hell hell in a hand basket and everybody needs to start Running and jump and headfirst into their prepper bunkers Yeah, I don't know. I don't know if any of that really has any credence at all in Explaining the stock market in any type of productive way I I think it's a lovely way to garner an audience by playing into people's emotions. I think that works. I think that works well You look at the last four titles of my live streams You know I put stock market crash when I think of the word crash and I automatically think of and Relate it to an airplane. I automatically make that connection when I hear the word crash Me personally, I know a lot of people want to associate it with the stock market in Explaining what's going on right now and that is a correction for a lot of the broad markets And again, this is if you track it back and look at for example the Nasdaq I uploaded one video this week and it was with my interview with Leor Gantz lures with Wealth management group he's a friend of the channel I've known him now for a while and it's always a very riveting interview when he comes on But he was talking about kind of a historical event in the Nasdaq in that 50% of the companies that are are actually in a 50% retracement now And and 40% of them are 40% down. It was really crazy Really being propped up by some of the larger companies that represent a larger chunk of the industry But the underpin of the market right now is really bad It feels bad It I went through my worst week. I think probably this week. I don't confirm this Nor deny it the absolute worst week. I've ever had as an investor To be caught on us with you my attention has been elsewhere. I've been preoccupied with re associating the channel redoing the my my LLC. I've just finished that a lot of back and forth with my my accountant and Really kind of got that stuff squared away So kind of putting myself on a course with some of the products that we put forward Without a whole lot of validation behind it other than my sheer belief That we are providing value in the bottom line case in point the viper group One of my most favorite products that I put out there I think it's great to got a few vipers in the group here I got Chris Blaine in the group who's just been a friend of the channel for a long long time Really speaks to the to the to the network that we're looking to advocate for Provide this fast to 60 minutes on YouTube to talk about well, there's a lot to talk about to provide that Coaching element and and to know that retail investors like myself Can come on and I guess it would be hella entertaining if I could just come on and do back flips for you guys And start yelling and screaming at you and starting to tell you to sell everything because your money's not going to be worth anything next week I just can't do that I've lived my life and my expectations through living life is not that Everything is hunky-dory all the time and I think that's somewhat of a fallacy now Especially when you start to get involved with stock market investing And you see a landscape especially through social media that is brought with look if you just do what I do You can have the Lamborghini too and the stock market is just it's just not conducive to that type of activity It's not And the unfortunate part about it I think is when there's a lot of investors that get involved with the markets on the onset They they enjoy a little bit of success Because most of the time the stock market does slightly go up into the right and then You know out of the blue or at least by my admission I've been kind of watching the underpin of the market for the last 90 days And and it's really been kind of rolling off and when that roll-off happens It happens somewhat violently and I think over the last since the start of the year anyway I think people have really kind of caught notice and and it's taken some people by surprise I knew what the last 11 years has just been absolutely fabulous For for market investors. There's no way in hell that I sit on the network without conducive markets And those folks out there that are running, you know 401ks Stay the course. There's no reason to To to defer from the program that you've built up over many many years I think it seems like it unwinds quickly In a couple weeks of time and you look at it and you say geez Louise, this is crazy I've you know built up to X number of an amount and now boom I take a retracement I mean my retracement this week was was pretty handle. It was pretty handily Noticeable for me. It was like interesting acknowledged. Thank you very much Not even with the courtesy of a reach around on that one that was it was a rough one for me really kicked in the Kicked in the growing all week. It was nice. It was lovely But like I declared on Twitter. I have enormous enormous balls so I Come on to share perspective of for you guys to know that Anytime your natural instinct kind of comes into your mind With regard to making sense of the stock market. It's probably wrong Typically when you're allowed to look at the market and and and let yourself go down the slippery slope of Trying to justify what it is that you're doing in financial markets At the at the time where it is just correcting. That's it Maybe that's the explanation in of itself. Maybe there's nothing rational Behind it to say that I don't know. Maybe you're a bad person Maybe you're a bad investor Maybe you ill time to the market Maybe that guy on YouTube that independent fella Maybe maybe he got you all motivated and fired up and now you've been investing for all of a couple weeks or a month or Six months or whatever and you know, you're incurring a little bit of volatility. Here's the deal There is no better learnings that the stock market can dole out than being involved in financial markets that you can take to the FN Bank Just take it to the bank put it in your back pocket for you guys that missed it I will say it the hell again you want to sit on the sideline and be a you know a Critic or you want to be a fan of the stock market wonderful and plenty but until you get involved with stock market investing and there's people from a wide ranging a Wide spectrum of investors those with a thousand dollars are working toward that first thousand and those investors even in the group here Who represents seven figure portfolios? Does the application change that much? Across that spectrum and how we look at volatility Especially from day to day it is futile. We acknowledge it. We talk about it I titled my YouTube video so I can get a thousand views in my live stream I'd like to think that people come in and they want my calm voice through what is Really kind of quantified now is as somewhat of a storm or maybe the start of a storm Or something that is a little bit abnormal to the market going slowly up and to the right all the time Okay, there's you know a little bit of a little bit of an interest to me You know some of the markets I think I think the entire cryptocurrency Community probably should be thanking me. I probably wrecked the entire market before The Chinese could do it. I've said this before I thought cryptocurrency was just the most brilliant the most brilliant of Financial espionage acts that I've ever seen. I mean what a what a wonderful way to not only attack us with Bio pharma, but also with financial espionage. It's absolutely fabulous idea And and it's working too because you notice that Bitcoin rolls off right the same as the market Bitcoin now dipped below the 40,000. I think it might be the mid 30s tonight. I checked it today interesting enough and So you're welcome dollar crypto It's worth the twenty five hundred dollars that I put into Bitcoin In my Roth IRA and I've become an investor right in my little Share four tenths of my portfolio in cryptocurrency, right hell to be honest with you It's worth the twenty five hundred dollars to just shut those folks up. I would lose it all. I don't even care I don't I don't get it as far as like a swing trading type of a thing. I put the stock in there with no promise at all of return on my investment whatever the hell that means because when you put it into a Roth IRA the Ability to render those profits off. I could roll it back into my other Roth IRA if it does go bananas on me But it's it's done nothing but just absolutely go bananas It went from 30 all the way up to 67 now. It's all the way back down into the 30s How in the hell are you supposed to make sense of that and a lot of you guys in the group? Maybe a hell of a lot more app to answer that question than I am I'm just here to give you a dose of reality What's working right now in the in the US stock market is value and value is working right now values working You know, it's it's always that old old old notice man I can't invest in a company like Kimberly Clark man. They produce toilet paper How can we do such a thing proctor and gamble Clorox all of our staples Pepsi Coca-Cola sold many or nice Reets, I think you're showing some interesting underpin of strength and then of course Energy which nobody wanted to even talk about let alone invest in last year Was the outperformer so go figure on some of the pockets here of the market utilities Utilities were on fire today and that's another reason why I hold the VPU in my Roth IRA That's one of the few bright spots. I'm not going to tell you that there was a lot of bright spots to be honest with you It was a bloodbath throughout the entire week compounded by my absolute war with Me not seeing the big picture with highly unholding, so I do apologize for misleading And and not accepting the current market action on highly unholdings Which is the largest holding in my portfolio right now? I should just shut my trap and stop questioning the status quo. So If that's what you guys want me to do, I won't do that. I'm just being I'm this is my dry humor I won't do that. I speak up. I say what I see I don't expect you guys to be perfect. Hell say say what you see. I have no problem with that Say what you see man, say your piece If I come across as angry, you know interesting enough. I had a nice review I was supposed to have PJ on and he may be in the gallery Getting all dialed in but if PJ ski comes on I'm gonna have him as a guest as well made an observation of my highly un videos that was right on point and now my my constructive feedback to PJ Surprised him a little bit because well first and foremost Americans aren't very good at taking scrutiny nor giving scrutiny Let's just be real Europeans are much better at having Competitive dialogue and being okay with it and not ending up in the street throwing blows at each other But I thought his observation of me was right on point He said Ryan it seems like you're angry when you're putting through the highly on videos So well when I'm talking about that specific topic certainly I think you know with the wrong sequence of timing on the rollout of this thing and Just rolling out a ton of good news and then incurring a supply chain delay I think they're tapped out for information right now So all they have is a quick photo of the hyper truck ERX in the office there and they post that and they think That's gonna move the needle. It's not gonna move the needle Paula Cardo rap pack stocks gave a great great video this week on Deeming highly unholding still a SPAC For meeting all the characteristics of a SPAC in other words if it didn't make revenue now Could it go IPO like it did via SPAC? The answer is no And I don't just presuming that their financials haven't changed that radically from Q3 to Q4 so, you know some interesting things going on in the market right now, but You know values working and I think a lot of people in the gallery There was a pretty good strike up right now Do you buy the total market or do you buy individual stocks our individual stocks too? Volatile to enter into right now is the market still too high to enter into broad markets ETF etc those types of things those are all the Deliberations that you should be asking here's the thing if you were willing to buy the SMP at the Beginning of December, why would you be less or more or let me ask it this way? Would you be less or more apt to enter into those positions now as opposed to then see? I would answer for most people and say hell no Ryan. We can't touch it now Well, why not see that's the reverse thought process a lot of people are hitting me up And they're very very concerned with my highly unholdings thinking that it was an absolute buy at eight And now that it's at four and I'm actually buying more of the stock that they're somehow concerned with me that oh My goodness it was okay to buy the stock at eight ten eleven twelve But now that I want to enter into a company that I have the exact same conviction on that I had six months ago guys, but let's be real. I mean that that's just me that is my opinion Could I be wrong? Yes. Yes, I could I could be wrong, but I could also be right Okay, and I find it interesting how there's a lot of people that come in and they say with Conviction that they are right that yes indeed the stock is doing this and this is how it's gonna turn out I don't believe in that I've been conditioned to stray away from things like that and PJ said well What about the $24 price target Ryan? You guys have to understand man. I am an advocate for retail investors I am one of them and where I feel like a lot of the times the retail investors are stuck on the outside With regard to information number one number two the inability to just call investor relations With with highly unholdings and get some sort of if any response To the lack of basical or non-existent performance with regard to the information that they put out there to the public Three if you're a hedge fund you should be able to pick up the phone and call Thomas Eley directly What and the hell is going on? What is that the trajectory of this and how are we gonna fix it? Advocacy advocates can step on big shareholders can step on retailer investors, man. We don't have that type of luxury okay, so to to to defend the The lack of transparency that's provided and feeling like retail investors are always kind of given the shaft all the time It does not pain me at all to come on and look to defend those investors that are just trying to get ahead a little bit Okay, so super important guys really appreciate you were over a hundred strong man stick with us Stick with us on the independent investor channel man. These will be minutes. Well worth your time. Trust me This this is a super important thing to talk about It's super important to engage in these conversations every week no matter what the market's doing You get the same Ryan no matter what like I said I was indisposed this week with Jiu Jitsu and some late-night soccer and Making some moves professionally and trying to get the independent investor channel pointed toward the horizon for the good of not only the community But but for the good of the mission as well guys would be back with you in just a second Markets really are never a one-track thing where the market goes down Opportunities will present itself when opportunities are presenting themselves to the upside It's amazing to me how everybody picks the wrong damn opportunity. Here's what I mean. How come everybody's so excited when the market goes up You don't want to know how much buying I was doing at the top. I kept telling people look Seems like the market's a little bit top-heavy Had one of my good friends in here mr. Michael Babcock is in the group here Talking about the S&P Valuation here at about 25 times. He's gonna wait until it comes back to 15. You might be waiting a while I think at some point over the last couple years. There was a re-rating in the S&P and Where there's demand on the S&P for Buyers to buy the product It's gonna drive the demand up and it's going to Rerate the price that folks are willing to pay but Looking forward to buying the dip, you know, if that dip is long-standing You know, I've seen this many many times where buying the dip happens prematurely and you sit on cash for a long long time Only to see the market boom turn on a dime and it's back up again And the correction was a blip on the radar, which is what bear markets turn into over the long term anyway But I will comment Looking forward to buying the dip. Here's here's my suggestion if you do have cash on the side Buy little bits at a time Right that there's nothing prohibiting you from taking little bites at this market If you're on the sideline or have been for many many moons and you've been looking at the same thing as me Going into a multi year If not a decade and a couple years of a bull market, which I think will continue Lore Gantz alluded to this in my interview with him earlier on this week He thought that the interest rates would Would affect markets up until the march fed meeting. I have not verified that that's when the meeting is But if they do decide to move which I've been calling it for this for years I think interest rates and and and all of the Quantitative easing that's that's occurred and and the artificially low interest rates Have actually created somewhat of a vacuum and I think interest rates moving up actually moves us Into a little bit more of a normalized posture The pandemic doesn't help neither does the labor force, which I think is a huge issue right now I think like labor markets are tough. I see it with my own eyes And every business that we do business with and the federal government is like we just don't have people We don't have people that want to work anymore. Why the hell would you want to work man? You can buy shiba inu and and retire a week later. It's fabulous I say that tongue-in-cheek because anybody who knows the truth knows I'm just pulling their leg There is really no excuse at all. There's really no substitute. If you guys want to know again I'm providing a lot of nuggets for you guys tonight The the real nature of my success has zero and I mean a big fat zero with an i2 in the middle A big fat zero to do with the independent investor channel It has everything to do with my career Yep, you want to deal with stock market volatility. You want to deal with it? We'll have it be kind of An arm of your total program and not in its entirety Where all of your wealth is stored. Okay Do I trust financial markets? No I don't Do do I have enough faith in the regulatory system and you know Our financial markets and the oversights that exist enough to enter into Those equities that I that I believe in And have the ability to scrutinize. Yes, I do I do But I do not have a hundred percent of my net worth in the market Okay, a good majority of it is and I'm a 43 year old scrapping young dude Old by some token a lot of 20 year olds that Frequent my channel and they're like what in the hell is this guy talking about? I want my lambo get the hell out of my way. Give me my amc. I'm out of here Give me my crypto and my amc man of my Tesla. I'm good to go get out of my way ryan independent investor channel man We only pay dividends on the independent investor channel during times like these and people are like I don't know. Maybe ryan's got something here. I don't know Maybe he's really suffering on the growth side But he does talk about that dividend portfolio that he's got Which is probably doing quite well and it actually is So I don't want to scare anybody off of investing But I do want to go over the portfolios real quick and then I'll jump into questions We'll rip through this pretty quick. This was actually Slightly disheartening. I guess if there's such a thing in stock market investing This is rolled out pretty good The amazon and the google still bullish on every one of these I did liquidate Lockheed Martin two days ago When up ran up to the 380s went ahead and took that liquidation for a prop nice profit And put that cashed aside. You'll see here that it's 81 19 to stock to cash On that ratio So a little bit cash heavy, which is fine. This is right where I want to be It's no problem at all But this brokerage account is kind of taking a little bit of hiatus here with uh highly on holdings Kind of rolling off a little bit You know AT&T has just been in an absolute swoon for 12 months I mean, it just it hasn't done anything and just as of late With the flow into value. There's been a little bit of activity Boeing rolled off today today was a horrible day I gave $10,000 to the Wine drinking stock gods today So I hope they're enjoying the the grapes and the wine on my behalf. Hey, I'm all good I'm all good to pick up the tab baby every now and then I'm good I got zoos up there like yeah, Ryan. This is a bad ass man. Keep investing you rock The stock gods like Ryan. It's all good The sun will shine on us again. Trust me It's times like these where I just kind of like You're you're playing with somebody who was probably uh, the most happy in his life when I didn't have money Okay, so a lot of people might look at my program and say ryan, you're a little bit cavalier with your money Um, yeah, no, I don't know. I think there's a somewhat of a pedigree Of a good stock market investor to be able to 100 separate from their money and ask yourself If you are 100 separated from your money, then why the hell does this bother you so much? I'll just give you a sec to chew on that because it's super important Um, I'm not saying be frivolous. I'm not saying be careless I'm not saying be cavalier, but there is some element of It is unnatural and if you can just sit back and say this is unnatural Ryan's right But dammit, it's important to put some capital to work in in financial markets I've known chevron for many many years if I wanted to dabble in the energy energy space I would go with looking at these five companies or I wouldn't even mess with it and I would go with an energy etf I own it myself. I own the uh vanguards. I think it's vde And I I own all the sectors There's different ways of seeking your exposure whether it be from diversified passive To the dividend growth strategy those companies that are you know best of breed royal dutch shell chevron Exxon mobile which is done quite well rolled off today. I liquidated that I liquidated the whole position held it for five years and I was down Well over 50 in the position a couple years ago I just liquidated my exxon mobile more as a positioning type of move now I still own that in my dividend portfolio in a much smaller scale In accordance with what I'm trying to do to move my portfolios the Roth's more passive That's what I did. I went ahead and liquidated At least the exxon mobile position. I still hold the royal dutch shell position in my portfolio As well as the chevron position. Okay In the dividend portfolio, I own valero conical phillips phillips 66 And a couple others. I think in bridges and there as well So a couple others But here's here's mine. I've made the hundred thousand dollar mark many many times over it goes above and and down The real anchor here is is highly on it's just been an absolute drag. It's down every day What what can I say just an absolutely dismal? Stock performance disconnected from the company or is it I just think we're in an absolute black period right now And um, is there a light at the end of the tunnel? I've been in deep water before guys and and this is This is kind of the big leagues. Um, if I pull this son of a bitch off This'd be interesting. Yep. Do you want me to get that drink ran? Yep. Yep. I got the next one. I'm good Yep, we'll be wiser for it. Um, I'm not trying to be dubbed a stock picker here I'm not trying to be anything special I am trying to pull off a special move here In that I've done my due diligence what I see with this company is what I see and what I see is Huge huge opportunity and at four dollars a share which is it's embarrassing to say It's embarrassing for the company me. I don't care Um stock market overshoots all the time disconnect from the company's goings on all the time It stays in companies and gives way way too much credence to companies that don't deserve those premiums, right? Happens all the time those the fringes where value is created in the stock market highly on holdings is no different It's going on right now Mark my words if in six months it's still at four dollars great It'll be what it is in a year if we're trading above 10 It'll be what it is. I I was commenting today to one somebody. I can't remember who it was Probably good friend in the viper group. Anyway talking about this stock and looking back and saying good grief, you know If this is a $20 stock in five years, I can live with that I really can if we're talking about a Dana logistics here that can't get out of their own way embolden their technology Go on to more of a subscriber type of of of basis with their customers No problem if if the best that they can garner is a is a $20 stock price and Let's say back to about a bill bill and a half $2 billion company. Maybe even creep into that mid cap category I'm cool with that man. I I'm cool with that because I think there's going to be a catalyst man where this technology Really starts to get accepted and right now it is not it's not accepted It's accepted in some of the smaller applications right now highly on is not in a holding In a hurry to accept mass order and scale up right now because they are Not prepared to accommodate those orders. It's just that simple. All right um, here's the uh Stock for this the passive portfolio with the sectors that I was talking about the cool little portfolio here It's a cool way of investing I throttle each of these uh, 11 sectors. Uh, so you got technology health care financials discretionary consumer real estate utilities Energy all the way down the line materials and telecommunications. Okay, so these are the 11 sectors of the smp 500 Kind of a cool way to put a $20,000 bill to work. We've rolled off just a little bit. No problem. I don't fret I monitor this if it pisses me off enough. I'm going to throw another couple of thousand dollars in here Why because I've been looking for my opportunity to do so. Well, what have you been doing in the meantime? I've been dollar cost averaging this guys. It's not rocket science. What do you do in financially? Uh, volatile markets ryan continue to dollar cost the the markets, right? Um, it's kind of one of those things that I don't enjoy doing as much when the market's at an all-time high But it's time like this where I'm like my program is established Uh, I'm contributing 20 out of my pay just to the tsp Um, contributing when the market's at an all-time high is like It's I guess a cool thing to do but as the market's rolling off. I'm buying that stock lower Um, I'm not retiring next week How many of you guys are retiring next week if you are I'm super stoked for you man I'll have a drink for you. Congratulations. Well earned But I'm not looking at it that way. Um, I'm not looking at my life in uh, in that capacity. I anyway I don't consider retirement being one of those things that I'm going to cross that finish line and then two years later die I'll continue to work. It's just that simple. Um, I don't look at retirement as an in-sum game I do have a target date of 59 and a half a tie a target age Um, and we'll see where we're at when we're there. I'm well away from that mark. That's just where I'm at Here's the dividend portfolio holding up. Well, it's down A hundred or so dollars week over week. So this is the one that actually held up quite nicely Okay Here's the bond portfolio the only thing that's up So This is um, something that I started just as of late here contributing to this because it does render me a nice 3% dividend. It's it's safe Um, the dividends that are rendered in here and the contributions or why this is up Not necessarily the performance of the bonds at this point But if they do continue to do well, that'll be great. I want to build this up Um, I I have a strategic goal of 100 grand for this account. So I've got, you know, little little little less than 99 percent more to go in this and and we'll be there So that's the goal. TSP rolled off pretty good 60 grand No problem. I looked at the year over year. I think last year used and on this portfolio, I was at 34 000 dollars Mm-hmm The power of compounding interest and the power of contributing and believing in a plan Really is where the focus needs to be all the time if you start to justify Or compromise that long-term plan In the short term by looking at short term volatility over the last what three weeks Let's say even 90 days as I might suggest You're doing it wrong. You really are I into a plan that you're comfortable with stick with it. You're good to go Growth has been just absolutely atrocious. It's been horrible mid caps horrible Globex horrible Cryptocurrency, ha, I hope this goes to zero. I don't even care There's the portfolio down probably Just shy of 30 grand week over week. Not good For you guys, I know I don't want you to get scared and say wow, this is this is horrible You know, if you asked me Oh, I've been self-directed investing for going on about nine years now And if you said ryan, your number at 43 is going to be 468 or anything around you three I'd be like really? How how the hell you do that if somebody were to ask me how the hell ryan, how do you do that? I couldn't tell you that there was one singular market moment that I looked at or any Certain occasion that the market was just really really down or crashing that I just put the whole farm On black and went at it and that was the defining moment in my life No, I I will give you the goods the goods are is that I aligned a program a structure a framework That made sense for me And I've stuck to that I have evolved upon that foundational framework. I certainly have I said for many many years. I would not be a cryptocurrency investor I do have a little dab in cryptocurrency Since I have invested in crypto. It's been an absolute disaster. It's been a huge mistake huge mistake Why do it? Why waste your time? Why? It's a prime example of me trying to make investing more than it needed to be now. Am I taking a strategic shot? Could it go up? Do I have the tolerance enough to own crypto long? Yes. Yes, I do and if it's going to transpire and it's going to turn into something special over the next 20 years until I hit that retirement and that crypto is coming out of there whatever is in there If 30 cents is in there from the $2,500 I put into the cryptocurrency market or 500,000 is in there It's coming out and it's going to direct transfer into my Roth IRA. I live to fight another day What I talk about with the framework and I didn't have this framework when I first started trust me I was a mutual fund investor when I started and Had I known what I know now about the low expense of self-directed investing number one through etf investing And through single stock investing. See that's what a lot of people don't understand is that owning my dividend portfolio Costs me zero. It cost me nothing So when I talked at the top of the live stream about the necessity of having somebody in your year Giving you the vents Lombardi. It's okay, Ryan. Don't sell don't sell right now. I know you're down in the dumps, man I know you feel like selling just it's it's okay. Hold in there if you want to come into my office I'll talk you into staying in the course if that's what you're because that's what you're paying me for right I'm just here to tell you that you can bridge the gap for yourself For your own application to understand that if you put yourself on a program that you believe in That you absolutely believe in and buy into You are going to save a fortune over your life a freaking fortune hence independent investor That's what it's all about when we empower one investor to understand that Yes, taking a position in highly on holdings on the on the surface appears to be a cavalier move on my part Or something that is frivolous or reckless or something that people hit me up and they're like Ryan, man You you're you're losing it with me like you need to do this Ryan with your money like you need to do this And i'm like the mathematics is very very simple in that I save an effing fortune In my life by investing on my own Could I have 468 and 662 498 662 with a financial planner? I don't think so because they they take a lot of that profit man They take a lot of that wealth they consume a lot of that wealth over time And that's what i'm trying to get through to people is that By the nature of the plan that you choose You can really understand that you can save a truckload of money Just by sheer nature of the decision that you make on the onset Now does that give you the excuse to be cavalier? No, it doesn't But if you acknowledge that on the onset to say, you know what i'm opting for this plan I have the luxury of being in control of my own fate. I have that luxury Somebody's not choosing that luxury for me going with a financial planner and even as a self-directed investor I said this before said it's easy to be bullish about financial markets when everything is great And everybody's making money. This place is like a party. Everybody comes into the live stream and they're like, this is fabulous Man, this is awesome. Ryan. We're kicking ass. We're killing it on this stock. We're up 30% on the we're up We're up. We're doing great and it's times like this man where people are like Not so cool, right? And it's those times too where the financial planners man They're trying to say look just stay the course stay the course stay the course Because what allows those businesses to be Present on the corner of every strip mall in this country is the fact that they have billions billions of dollars In a um assets under management, baby, and they make 3% on that investment Investments that you make take all the risk on and they profit from it should piss you off. It should piss you off Really getting a special treat tonight a little bit of validation as to why we do what we do Let me cruise down here, man. I'll go down here. Uh, you don't need somebody to tell you how to invest your money The time has changed. That's why right really appreciate this comment to Juan Thank you for making your way in here. Appreciate it. I just jammed to the bottom and and picked out the very first comment that I saw um And you know the products out now can help you build and and and align the style of investor you want to be With the assets in your portfolio Right, it's it's a great thing and we put those different profiles in different boxes for people to say If you just do your 401k All right, I understand But if you wanted to branch into the self-directed realm and say I want to start an individual Roth IRA account Where should I start? Your start really should revolve around the major indices The smp 500 and the naztac if you want to look at those throw some rustle in there as well with some small caps That's it. No need to be looking any further. You're looking to get your start, man Get those first thresholds that I talk about knocked out Get that first 500 thousand 2,500 5,010 grand get a $10,000 bill in there and prove to yourself that yeah, okay I like this. I've proved to myself that yeah I can dollar cost average program and I can make money with investing good to go All that that I just explained to you is possible on your own It it is it's wonderful and the more years you can chalk up by just buying into that program Funding the market because you've bought into a philosophy that's been tried and true proven to work over time over 100 years of smp and market historical data 99 percent of investors have won over the long term now. I'm I'm down in amazon right now How is that possible stock lifetime is up 30 000 percent? You know, it's just The the amount of time that I've devoted to amazon has been less than four or five months I've been in the stock So it's unfair of me to say hey, where's my 30 000 percent without giving ample Time and acknowledgement to that holding to materialize and mature for me over time. Okay Very cool stuff, man Got a ton of comments popping in the bottom, but uh, you guys are running it I'm going to try to intervene here in the comments Okay, I'm going to spend the last 15 minutes on comments on the live stream really appreciate it This has been the most robust Actually of live streams that there's a lot of people here tonight. Jesus. Did I say anything cool tonight? Gosh, I just go on these rants. I watch them back and I'm like I don't know what in the hell vain if you asked me to reproduce What it is that I do There's no way in hell I could do it. It's a one shot deal. I never know what I'm gonna say I say this all the time Right, so Mike's talking about the value. I totally agree man I shot out to Bob Bob's talking about too much volatility. He's talking about single stock application And where I was talking about controlling that single stock allocation in the manner that I do with the 80 stock dividend portfolio I've got a few hundred bucks in each It's it's a 30 000 dollar bill in that account. Nothing crazy You know, so you start looking at these the majority of people out there guys cannot envision themselves With 10 000 dollars of wealth 10 10 10 they cannot do it It's impossible They get a couple thousand bucks and it's like boom The new 105 inch tv has just hit the shelves at wal-mart and boom It's it's wiped clean or the unexpected expenditure comes up and boom It's wiped clean and here expenditure over here and the kids got to go to the dentist And they got to go to the doctor and the co-pays and this and then in life and the life and the life Just keeps throwing darts at me. It's throwing darts at that savings account all the time and it's always forcing me to scrub it clean It's always scrubbing I'm gonna make sure that um, you're approaching this thing. It's one of my favorite strategies and that is scale Scale you want to be a single stock investor? Ask yourself how much exposure do you want to the single stock game? Because I think for the majority of people out there the answer is very very simple Don't even dabble with it. Just buy the by the indices. It's that simple Buy the etfs by the s and p 500. You only need one. Don't get cute with it You want to get cute with it like I have I just do that to provide Validation to show what is possible on a number of fronts because there are customers out there That that want more I would imagine that there's a lot of investors out there that look at my program and they're like I like what ryan's doing. He's a little more hungry Matt money said just this week. It was the coolest comment from the week. Actually matt money owns it He said if you want to be a star and I don't want to mess it up But he was talking about a lot of people want to get involved with stock market investing one time And then they expect it to be there on the back end 20 30 years down the line Stock market investing if you're doing it correctly You're engaged Okay, the best way to do this thing and here's another nugget another takeaway for you The best way to to to prosper in this is to be engaged If you're not engaged or you don't want to be engaged or you just want the riches without the work, whatever it is Perhaps maybe you should ask yourself the level of Dedication you have to this craft. Do you really want to have wealth? I just hit the 10 the 10 10 10 thousand how How willing are you to break yourself down and unf your mind and put yourself on a track to your first $10,000 You I I can provide as much motivation for you as I can because I earmark ten thousand dollars as being a very very critical barrier for a lot of people If you're working toward that mark, I'm all about it. Get there. You will give it time. You'll get there. Okay But we all know Statistics are against the majority of people just because they don't want to put the first Foot in front of the other on that road toward that first $10,000 of invested capital That's super simple super simple, man. Super simple. You just got to do it Jared's in the house fantastic Got ethos in the house talking about intel. I looked at intel today some of the old tech I've got the old tech in the dividend portfolio Stuff that's really interesting. Cisco has come off. Cisco has always been one of my very favorite companies And I tell you it doesn't get talked about very often Intel's really good. It's been overshadowed by the performance of invidias and Everything in the chip space to be honest with you micron and lamb research and really all the chip space has been on fire Intel's lagged the market But from a value perspective, I think it's a phenomenal play Always seeking out those value pockets in the market for sure And intel is one of those that you can just you can just chalk away In whatever capacity and just own it for the rest of your life You just can own it. It's a company that you really want to be part of and It's really it's really kind of my vision for the future in leveraging Some of the highly on profits once this investment of a lifetime does materialize If it doesn't I won't I won't do this again I'll park every dollar I have in the end of season. I'll focus my efforts elsewhere I'll focus my efforts on different money-making ventures. I'm not going to Continually look to find that needle in a haystack and I don't believe I was trying to do that with highly on I just look at it with my Independent lins and there's a lot of people that Wholeheartedly disagree with my application. That's totally fine My conviction is right there. It's in the pocket And it takes some courage to talk about that conviction right now When things are really really being fleshed out in the market. It's no doubt about it That's great to see you brother all the best to you and the family Very cool screw scroll down real quick I just want to try to cherry pick some questions if you guys have for me Give you my best shot says 1500. Yeah, so I've I've I've accumulated a little bit this week Um, I unfortunately both of my put contracts There's there's no amount of writing a put contract with premium that would make sense that would would have allowed me to Um to not get shares put to me. Um on this downturn No way impossible. So both of those blocks got put to me this week. No problem. I keep the premium I take the shares. I'll buy the shares at five dollars. I'll buy the shares at five fifty. I have no problem with that I'm really not expecting the stock to lose five to eight percent today Which it's been doing it's down every day. It's just it's down every day. It's really bad It's really bad. Um, and this is something that is interesting I I was told to kind of lighten up a little bit. Otherwise the discord is going to kick me out of there No, they won't no, they won't they won't kick me out. Why why would they do that? I'm honest, but but but I'll be damned if you're gonna tell me that I can only talk positive about us I own the stock How much more positive do you want me to get? All right, but my scrutiny is valid It's warranted 100 percent if you don't like it And you think somehow i'm picking on them or you want to be a fanboy No problem. No problem. That's your choice. It's my choice to do it my way All right, and if I think that they we as investors deserve more transparency I'm gonna let them freaking know if you don't like it block me. I thought they banned me from instagram It seems that they didn't I couldn't post a comment on their new post in there for a bit And um, and I came back to it just to confirm that they hadn't blocked me and they hadn't No problem. Perhaps maybe I'm a little bit edgy. I get it. Perhaps maybe I'm completely wrong and off base But I've got people challenging me and saying that I don't have the big picture Really? I don't have the big picture I like people who talk really super vague like that and they don't have any type of explanation Back to me on what big picture I should be seeing Like in other words, I don't single out anybody My stuff is directed right at highly on holdings I don't care what other investors are doing Care about my position And and and more so the positions that perhaps might have been influenced by my bullish conviction over youtube and social media Right, and I take that stuff seriously No doubt about that No doubt and if people are underwater based on a recommendation that I made hell I can lose money my I can deal with that myself But when I say something or lose money even for somebody that needs to do their own blah blah blah Right. No Look, I do my homework and I do know what I'm talking about and to be as wrong as I have been on this stock I have been wrong Right Never hurts to take a little personal responsibility. I mean I could stick my head up my ass or stick my nose in a corner or not Say anything Like some others are doing don't say a word. It's okay. You might irritate the big man Whatever I find more value in the very fine patrons of people in this community and outside of this community That are working hard every single day To make a living for them and their families. That's where I put money That's where I put value I don't put value right now in thomas healy's ability to have On the job training to learn how to be a ceo and stand the hell up and defend his company defend his company Do something interesting For sure do something not nothing. Okay. Do something very simple Says he saw my comment. See this is the type of thing. I'm talking about man. I'll be a voice I don't care if they don't like it. No problem if people don't like it's no no problem It's no sweat off my sack. I could care less. Honestly. I could care less I've said many many times. I'm not I don't do this for a living So I can say what I want when I want how I want I'm not looking to win over An army of twitter twitter followers. I don't like if you don't like me Don't follow me Okay, block me. It's no problem. Block me. It's your loss. Not mine I know where I'm going. I'm freaking fine rick knows where he's going. It's freaking fine. We're fine We're totally fine. I'm not angry. I'm completely happy I'm a family man a coach and a serviceman. I'm completely happy I'm in my pocket. This is the 60 minutes where I'm the most happy in social media presence right here Right in the pocket. No other time when I do become a millionaire. This is what I will do I will not do uploads weekly uploads and 10 minute videos and top three stock picks to buy It's a waste of time stock markets going to zero stock markets crashing waste of time It's a waste it misleads it misleads people It misleads people and understanding that the core of investing is to understand what it is that makes sense to you Not to scrutinize others not to point fingers your entire life But to take a look in the damn mirror Take a look in the mirror Take a look in the mirror. They're going to kick you out of the discord No, they're not rick will defend me all day Because i'm the one putting out weekly highly on videos when according to twitter me and dex and a few others PJ PJ's doing a great job We're the ones that are trying to share the story the way we see it through our lens And the company in and of itself can't do that on their own Crazy stuff man. Look if they want me to leave it's no problem I don't spend enough time in there to be a lieutenant. So it's all right It's all right, man. I'm a chief in real life I'm good. I don't need to have a fake badge in a discord if I'm not welcome. No problem But I am it's just that simple. It's just that simple. All right, great to see you rick fantastic Let me cruise down here, man. See if there's a few might go a little bit over time tonight There's too good of a group in here to cut it off. So I'll stay an extra 15 minutes tonight for sure. I think the gents might be traveling to vegas I don't even know if they're throwing down right now At all down right now. Yes in a position down You know, stay true. I don't know the context surrounding that holding I can tell you that cumulatively I'm probably around that ballpark as well I've made a little bit with highly on on the way up. I've sold a little bit for tax loss Since then I've been accumulating So I'm not really paying too much attention I'm looking at the position as it reflects To my total overall portfolio. I was just telling somebody it might have been rick Actually, it might have been someone not with survivors. Dave. I was talking to Dave today on dm And I was talking about where I see value in the market and I I scour the landscape and there's a few stocks I'd like to buy that look good little pockets of value that I'd like to buy Killed me to sell Lockheed Martin this week. I didn't want to It's a great value right here. Some of the banks trading at less than 10 forward good value there as well But this company is the one I see value in Yeah, yeah, so if I just want its bank charter this week, there's some value there man to be had to pick up I mean, I own a nice position and so five to go figure all the growth is down right now So who the hell am I? I'll be wrong until I'm right. It's just that simple It you know people can say what they want say I'm wrong. Say I'm an asshole. I'm too tough on thomas haley What What are you talking about man for all the people that want to come on and spread hate through social media I'm being constructively critical. Um, could there be lawsuits? Yes. Do they need to stand up and talk? Yes, do they need to be more transparent? Yes What is the big picture that I'm missing? Please school me up Let me know how my tweets offend you Come on Jesus have a little perspective about this guys men for sure says bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye Bye bye every day Up and buying highly on I picked a little bit up in the vig vanguards dividend appreciation fund. It's a great fund in my rapai array um Not a whole lot of strategic buying going on right now I did um Liquidate the Lockheed Martin that was a couple month position in there drove it all the way down to 325 Wrote it all the way way way back up. So from a channeling perspective. I did well I sold in the 380s it rolled off the last couple days after liquidation I like to see that um that I did exit the position in a pretty good time. Hell you could buy it at 380 It's 16. It's good. It's great company. Um, I don't care. You could buy Lockheed anytime. It's it's a good buy But from a channeling perspective I was satisfied with my exit there and it puts a $10,000 bill to the side right now and lets me give me a little bit more buffer In monitoring the market, but I like the philosophy for sure. It's good stuff man In tennis is in the house man. Great to see you. Thanks for all your support man. Very cool stuff I just keep nibbling on a few shares. This is what i'm doing I'm not getting too crazy I think I'm being a little a little aggressive If I was going to be conservative, I would buy 100 share blocks The last two put contracts would be put to me at 500 each I wouldn't have bought 250 today Put the share count up to about Oh 10,000 five 11,000 even 11,000 Yeah, so for all you home gamers out there that want to know how much highly on stock I hold 11,000 is my multiple It's not it's not a share count. It's a multiple if the multiple is 11,000 times four dollars great My question to you is if it's 11,000 times 10 dollars, where does that put me? 11,000 times 20 dollars 30 dollars 40 50 anybody anybody anybody Yeah, it's it's it's expanding your your your multiple And the um risk to reward at four dollars right now for this stock that just two years ago was at 58 Should it have been there? No, no, it shouldn't have but this thing with the with the projections That they've got it's a good stuff the risk reward is there Could it go to zero it could go to zero I lose 50 grand no big deal A lot of people justify losing 50 grand on a corvette five years after it's worth nothing zero It's worth nothing You know a lot of people will justify losing out of 50 thousand dollars on interest on a house note With with with just like oh, it's so great. Let's go get that bottle of champagne, honey. We're awesome You know, but I just look at things differently than you do, okay Take a few pages out of my playbook and deploy a man. You'll be better off Trust me, man Look at money a little bit different. Remember what I said at the top of the stream I was about as happy in my life when I was by myself. Yes My family was what makes me happy now. My family is why I do everything And that's why I thought it was a little bit short-sighted when pj was talking about it And we've talked behind the scenes about it. He was like man, Ryan your response to me was pretty pretty awesome He was like even I don't know if I could have admittedly had that response if somebody was basically calling me angry But uh, but I said in that isolated Moment. Yes. Yes. I can appear angry. I guess if that's what you want to call it I'm an intense person In in alaska on the fishing boats, man. You can't be blasé Hey, can you grab me that over there? No, it's okay. Hey, give me that because people's lives are on the line Safety is on the line and I was used to that intense of a lifestyle for a long long time You know, if the boat's sinking you can't just kind of be like I'm gonna take a shower and and just give me a sec. I'm gonna shave No, it's get your ass out of the folkshole. The boat's going down If you don't you're gonna die That's the type of urgency that I've been pressed with on my um Defining who it is that I am as a person Right Uh, and some of the best times I ever had in my life. No doubt about it be impressed like that and Learning what I could take and what I couldn't this is a stock position for christ's sake Really, do you think honestly that I look at this as needing effort? Do you honestly think that do you think that this is something that that I'm just Disappointed in or I'm gonna lose sleep over Or somehow I'm not going to be able to provide for my family Really? It's a stock position That's it It's a luxury to be able to invest in the stock market It is there's a lot of people that would kill for the opportunity that we have to do what it is that we do And for the most part Bitch about while we're doing it Okay, get over yourself Have some perspective about this deal Understand why you're doing what you're doing and how you're going to do it for the long term. It's super important. It's all right Screws down here matt's in the group. Very cool. What's up, right? Added during these nasty dips. I'd like to know what you're adding, you know Making sure that if you're buying the broad markets that you're not being premature I've I've Made that mistake a few times anyway where I'm like, yeah, finally we got a dip in the market here Only to put capital to work right away and then boom now we're 20 percent down Everybody thinks we're 10 percent down the last I checked we're down 5 percent On the s and p 500 um year to date that went from january 2. I don't know why But are we down more than that? I don't know if you guys have the updated calyx on it I know ethos probably does in some other of the sharp investing minds which i'm not one But it looked like about 5 to 6 percent From the top right now that we've adjusted back a little bit. Maybe we are at 10 percent tonight. I just I miss I misread that But uh, yeah, it's good stuff All right Yeah, christopher's in the house man if you set up weekly reoccurring One for each day using m1. You can dollar cost average That's that's such golden advice man. That is such golden advice and I don't want to give too much away But where chris renders his thoughts to the group? You should listen If you want to succeed like I said, I mean I mentioned the amc and the lamborghini and the tesla route cryptocurrency that you can do that if you want to Chris is just offering another way And there are an infinite number of ways of making sense of the market. This is the one that I get behind and I do this myself Uh, thanks chris really appreciate it and it's great to see you. They have crm under 215 great Qualcomm qualcomm is a is a stock that I have looked at so many times and the metrics are there It's such a beautiful beautiful company and I don't think outside of maybe a couple times. I've owned the stock I don't own it now um, these are some of these companies that again, I'm just in a little bit of a Strategic phase right now in my portfolio. I really am I've got a lot of conviction right now. I'm actively monitoring highly on holdings I'm fascinated at their prospects And that's just where I am right now. That's that's where I want to be I mean, what where am I going to be am I going to be fascinated at the prospects of the smp 500 going to You know 10 000 Yeah, I mean in 20 years sure it it'll be there But that's not what fascinates me nor do I believe that that requires any of my brain power at all to put a little money in the smp It's where the bulk of my money is that's no doubt in my tsp That's where the bulk of my money is in my wife's roth. I array Her largest holding is the smp 500 and then I've got vig in my account from a passive perspective VTI is in our brokerage account. That's how we kind of spread that exposure around But once this highly on holding provides me Hopefully if it materializes over time and I believe that it will the house money that I believe that it can I will build out a portfolio that will rival all That's the plan Yes, I will that is the plan I think he's a stack worth gander at fantastic. Thank you for that. I appreciate it Take a look see the sarah. I've got one of my vipers in the group She's been with me for a long long time since the inception of the channel for sure given some nice shot outs here It's great to see you sarah fantastic Been a long while if the fed is serious about quantitative tightening higher rates to fight inflation We've lowered to go until s and p is more fairly valued. Uh, it's I agree totally agree I think it's created this bubble this frenzy Lore gants talked about this on my interview with him Think about the last two years Um, has there been some irrational exuberance going on in the market over the last two years Hmm interesting ryan Yeah, yeah, there has um even on my part. Sure. I'll just wag it into cryptocurrency, man This is great. Everybody's whipping some ass. Why can't I there's no merit? There's no reason to do that There's no fundamental reason to do that. Um, I have some surplus capital to do that. I get it, but That's kind of arrogant, you know, just because I have the money. I'm gonna throw it frivolously at some dipshit investment Stupid move stupid Stupid it's outside of my my, you know, um investing thesis and We'll see how it works out. Maybe it makes me money. I don't know. I don't care stupid right, um Yeah, just one of those things irrational exuberance Following the mean stocks amc game stop things like that, you know, those those types of things just They take they take retail especially In a direction that they don't need to go. It's really unfortunate And I think retail investors for the most part are extremely vulnerable They really are Um, the sheep analogy that I have all the time. I don't want to offend people but then again Um, if I do offend you Because you follow all the time Maybe you need to be offended a little bit Yeah, there's a really sharp comment SLF smash bowl. Where the hell did you get that name? Good grief. It's fantastic. That was a lot of fun Thank you. Got a couple minutes left. Alexa's in the house. Fantastic 5g wise has proliferated It's when things really change Fantastic. It's great to see Alexa. Thanks for coming on. Really appreciate it I want to cruise down. Yeah. Yeah, verge says the bitcoin current is 36 That's what I said. I think I pulled it out of my memory. I think oh verge is always keeping me honest Fantastic I'm going to have a lot of brothers and sisters here if this highly unholdings thing actually works out I may have a lot of enemies too if it doesn't work out, but um, you know, I I believe we're probably in about a darker period as we can possibly be in with the stock. No doubt It's really unfortunate why we have to be punished in this manner for Taking a a conviction on a company. What is the nft bullcrap? It's bullcrap. That's what it is Remember irrational exuberance. We'll throw that in that category too 8 000. Yeah, call me crazy, but I'm actually excited hoping things go. Sure. Um for a long-term investor It should not be attractive for you to continually want to buy the market at highs It's just that simple. It's it's tough sometimes to say, but you are right. You are right Uh, if your focus is long-term investing you want this sucker to go into a multi-year swoon And you'd like to see what we've enjoyed in some capacity What we've enjoyed over the last 10 years to occur when you approach your retirement age And if it doesn't no problem just continue to invest the market. No big deal, right? Okay, that's a very smart comment There's a lot of folks in this live stream. I will comment There's a lot of folks in this live stream that I do not recognize So for whatever reason if you've come in tonight, welcome I really appreciate the uh the the time and a couple minutes I won't go too much over an hour and 15 usually at 60 minutes on the nose because youtube hates me They don't promote my stuff, which is fine because i'm old and boring. It's no big deal I don't talk amc and lambos and garbage like that. I I just talk From the heart Which I think a lot more people need to do. I'm not sure if I understand NFTs. I don't sorry It's not my thing. Sarah. I think crypto is here to stay even though. It's thank you, Sarah Thank you for putting me at ease That's not what I thought you were gonna say I thought you were gonna say you're an idiot ryan Why did you do that because that's what I expect out of you? You got to keep me honest No, I the truth is I I invested in it. It went up really really fast Um, I I took some really good profit. I was up to like $4,600 What I declared to you guys was less what to 2100 2300 right now Dismal gave all the profit back. It was all profit. It's fine. I gave it all back It's not the end of the world. You know, it is what it is You got Rebecca in the house. Very nice to see you very cool Market pool guys make it first. Yeah You're young and and that's the thing is that that's the mentality of of the millionaire Is just to look at the opportunity in the market when others are fearful Not to be cliche. I mean I can make it my own way if if I want You know, I just think it comes down to thinking Not aligned or contrary to the pack I think that's what it comes down to If it makes sense to you Then then then make those buys and those buys become more conducive as the market rolls off It's that simple, you know, it's just the more the market goes down The more you should be looking to buy the market It's that simple And a lot of people refuse to look at it that way and I just don't get it That's the way you have to look at it. You have to There's no There's no hey, I I'm going to sell now and buy it back later. It just doesn't work that way man But for some chick also sold her I guess dumb stuff makes money. Wow Yeah, I just can't believe some of the stuff man going on right now. It's pretty awesome Calvin's in the house subprime Yes, you are my friend. Yes, you are part of it You are part of it in so far as your successes that you can render for you and your family you own It's yours. It's your it's yours. You just a friend of the channel. That's it I'm just a just a fella sharing a story Nothing special no big deal. No need to put me or anybody else on a pedestal. I don't do it Thomas Healy same thing. Don't put him on a pedestal either. He's just a CEO of a company. That's it Okay, he's just as open to scrutiny as anybody else man problem with high leon is people are emotional and that leads to bad decisions Well, I can agree. Um, I guess, uh, you know a 75 percent Retraction in the stock can probably promote some of those poor emotions Maybe even Where some of them are manifested in myself, um, you know, this is what pj was talking about when he watches my videos He's like he seems angry and I told him I was like I am Pissed off and it's okay. There's nothing wrong. Look, I am a human freaking being Okay, if you want me to just be monotone and just talk like that elegant and Just be just be just be and everybody's good and all is good in the world No, no, that's not that's not my thing No, there's utter evil in the world There's really really good things in the world going on and when I see a big pile of manure on the side of the road Steaming I will call it for what it is That's just me That's just me. You're not going to get anything else than that if that offends you leave go somewhere else I'm sorry. Just just that simple man brad's in the house here. So many people have panic Sold everything these last few days Oh, I hope you're wrong. You're not You're 100 right? I think this is what happens It's fine It's just the lesson that gets learned over and over and over and over again and Nobody seems to get it ever And I can't put my thumb on why that is Maybe a lack of discipline perspective understanding and acknowledgement that Stock market investing like I said at the top of the live stream is somewhat mechanical, man It's it's it's unnatural to watch your money go down and understand that it's okay. It's okay It's the very nature of why I can declare to you the money in the net worth that I have with the salary that I earn It's just that simple It's uh above average Say the least Yep, couldn't agree more Absolutely build them out. Let's roll. There's gonna be some catalyst throughout 2022, man Elaine chow taking a ride in the hyper truck erx is not the catalyst that I'm looking for But again, I come back to the fact that the independent investor channel just does not Just does not have the big picture in mind I just don't have it I just don't have it. Okay Elaine Elaine chow is going to drive the stock price up next week Because I don't have the big picture Who knows verdict to still help Keep going with some questions here guys. Stay with you guys a little bit here Best analogy I've heard for in it. Oh god, Rebecca. Jesus. I'm gonna I'm gonna leave this alone because I don't I don't understand it I'm I'm still trying to understand why I wasted 2500 on cryptocurrency. He needs he needs to be more like Elan I was gonna say he needs to roll something up and lighten up a little bit man Seriously, like straight up when elan did that everybody was like a CEO can't do that everybody loved it They freaking love. Hey, the guy's a human freaking being, you know what I'm saying He doesn't mind going on and rapping with joe rogan, you know what I'm saying and and and hotbox in the place you know and and Be in a human freaking being And standing behind the company that he built if this truly is his brainchild Defend it I would Why not And I just think that oh what they're scared of saying the wrong thing. Oh, shit Get out of my face. Stop being a pussy I bought the s and p the p. Yep. Very good. Very good. Very good. Can interview thomas haley ceo kim To be honest with you ma'am, you know what you know what I would just love to do Is if they requested to come on the independent investor channel and they won't they won't I've probably created and severed way too many times. That's totally fine. I don't invest in a company to be their goddamn friend I don't do that. Okay But I honestly feel like if they asked me to come on the channel I I honestly in my heart of hearts would love to just decline the shit out of that invite Just decline it F you I'm good You had your opportunity man. And I don't think thomas haley needs to be coming on youtube at all I'm a stock owner go on cmbc or nothing go on yahu finance. That's totally fine. You need to be going on reputable reputable Media stations not youtube channels. I mean, I know there's a lot of people who like my coverage of youtube But I am a youtube channel. Okay Um, I I have I have the ability if you want to come on and subject yourself to my scrutiny I have the ability to turn that interview into something special Because I know the questions that are going to generate churn not this whole please thomas tell us about the company No, no, I can drill down on that bitch. There's no doubt about it Be be quite honest with you man. And I won't do another one of the There's some people that were offended by the last thing I did I thought it was funny as hell and I thought it was very prudent and I would do it again I might do it again. Maybe I will maybe I will but as far as actually having Thomas haley actually on the channel. I I think we're probably I don't know j mac investing seems to think he's got it all locked down for his third interview I think that's great do it. I'm happy for you. It makes no difference to me I'm not doing it to build my channel. I'm not doing it to height my channel up I'm not doing it to, you know, so I can't scrutinize the company bullshit And I'm I'm going to scrutinize if I want. It's just that simple I don't cater down to anybody nobody and I would love to decline that request to be honest with you I'm proud. I'm proud of my project. I'm proud of what I stand for man They had the highly on videos is another thing. It's like I've never been told. Thank you I put in my Invitation to the channel a lot of people don't know the communications that I have behind the scenes with highly on Right, especially when louis that was there and louis isn't there anymore. So who's filled his spot? Nobody? Okay Yeah, I guess it's not important. It's just about those dumb retail investors who who needs to cater to them They're a bunch of morons who cares. Let's just keep doing our thing and burn in capital and we'll address it in two years, right? But of all the time and the effort that I've put out there on social media You would think at the very least I deserve whether or not I get Is another question but deserve a thank you Yep, that's what I think You know lack of news coming out of the company. That's why I do it. I wish I didn't have to I do it because I feel like the the churn of the company and I'm not one of those guys that can sit back and just Take it like a whipping boy. I don't like to do that Um, I like to try to defend the conviction that I think is being missed Why is it that dexter is driving a truck in the sands of the permean basin? And he is the one sharing that story. Why in the hell Can't a 750 million dollar company do that on their own? Why? It's because I don't have the big picture. I get it. I don't have the big picture You're right dexter should be Uh, he should be expected to do that on behalf of highly unholdings and ryan with the independent investor channel He should be expected to do that for free. Yeah And and we should just like expect it in so far as we can't even give him a response on twitter Nobody gets a response on twitter. Nobody. We're all just tweeting to a vacuum. Nobody responds I can say what I want. Oh, you don't have the big picture No, you don't have the big picture. They're not listening to anything. We're saying yet with the program I tweet every night all day every day and I hate it. It's stupid It's your job to do that and they can't do it. So what gives right? The only time a twitter comes through with thomas heli's face. It's not him doing that. It's not him It's his ir. It's not him. Okay, trust me. It's not and then there's a bunch of people that flood it with a bunch of hate There's never never one single response never But I'm missing the big picture Having some fun tonight for sure. We're going to go to uh, we're going to go for another seven minutes I'm going to do my first hour and a half for a while. I used to do these two hours A lot of fun. I used to get the diesel engine cranking up. I used to do them for two hours straight It's been good knowing you guys see you in the next bull run fantastic. Thank you rk fantastic Uh, it'll happen when you least expect it victor. Great to see you my friend. Thank you so much How much needed therapy? That's fair enough. I yeah, I get a little motivation A lot of people want to talk about sports and a lot of people want to talk about everything else I want to talk about stock. That's what I want to talk about It's my interest and as long as you benefit from it. I'm happy with that for sure Ryan I liquidated lockheed at 379. Yeah, I think I was above 380. I did the liquidation at a good time It was really just a portfolio positioning to salvage. I mean everything is down right now It was a really poor week for me really poor But like I said, you never make money until you sell the only sell I have this week was lockheed martin That's it and I made money. Um, I'm paper losses on everything else, but uh, I'm happy with my positions I'm not selling amazon. I'm good. I've always wanted to own amazon. I do now. I'm happy. I'm fine Eric says I'm still buying very simple philosophy and Stocking up on highly in a 350 could sink to a dollar. Oh, yeah I would wouldn't would be lying if I said I wouldn't care about that. Um, do I see it happening? No, should it happen? No, no, no, it shouldn't. Um, They this these are some of the fickle things that are getting somewhat trying I think and investing in these times Um, when I first started investing it seemed like the market, you know If it went up 50 points or down 50 points. That was a big day Now it's up 500 or down 500 in a day, you know and every day is the same And there's people on wall street making killer money off of that volatility if it doesn't move They don't make money. They don't make money on lack of volatility. They make it when it's swinging all the way And I got a couple more minutes here guys. I'm cruising down through Sure, it says nice job. I was there selling at 379 interesting. Good. Good. Good job fellas I mean it was shoot 325 A couple weeks ago and it just shot up nicely went up every day. It was nice It was really nice Walmart's planning to go green. Yeah, I saw this huge I think it was you actually that I saw it might have been a silent alert Where I picked up that information from somewhere on social media and if it was you, thank you Because that was a big connection. Very nice connection Uh, I don't know If they got a 1500 initial order non binding from wal-mart would that move the stock? It beat a 10 overnight easy Easy these things can jump and they can jump quick for sure until it happens. It hasn't happened Can it happen? It sure can it sure can and thinking anything other is pretty short-sighted Especially those folks that are coming in saying it's absolutely doomed. I don't I don't get that Company's not doomed. The company is not going anywhere It's got plenty of cash on the books to continue and I don't you know Paul made a good point on his video about highly on this week talking about people put too much credence in that cash They sure do. I totally agree with him on this. He's right on the money But it is it is a positive For for the balance sheet and what they're trying to do It does extend what he was talking about there with about the two to three year time horizon For SPACs to either make it or fall away Highly on's got a very very strong cash position And a very capital lean business that they run in other words They can run this business very lean for a long long time Because the strength that their business is integrating with the oems If they can't do this the business fails if they can it's lights out. It's lights out. No doubt about that Okay All right Let me cruise down make sure I got everything here Is there pressure from big oil there could be you could be on to something there We'll see I think something fishy is going on. I just can't put my Uh finger on it, you know when pj said you look mad ryan. It was like yeah Well, I just feel like something awry is happening here Why is everybody so interested in this company? Are they afraid of it? Failing or are they afraid of it succeeding? That's the scarier question. I think Ah, what's your average dollar cost for highly on it's below 10 now It's um, I've got multiple blocks of the shares All the way ranging from 20 all the way down into the fives here this week And maybe the fours today actually were some buys But the average cost is probably around I just looked at this today nine dollars and 32 cents something like that which is Irrelevant when I look at my bullish conviction on where I think the company will go 9 4 11 15 20 I don't care It's a basing position at the onset of a company that I think is going to be relevant Very relevant on a global stage in 10 years So we're getting in on the ground uh floor of a company that Is going to make some moves in the industry. So thank you for that question young Appreciate you All right adrians in the house I don't know but I just keep buying the highly and rapidly getting my dca at the current price. Wow. Yep Remember amazon was once below. Yep Absolutely the stock market investing man very few people have the conviction I'm trying to kind of coach you through And you guys know I own the position too um And so I'm trying to coach you through my mentality as well with it And man the lessons that we myself included will learn From the evolution of walking through this trade together an investment together will be invaluable It will be invaluable. You cannot pay any amount of seminar to get this type of tutelage In stock market investing than the one that you'll get by owning highly on holdings man. It's just that simple Highly on will suffer till sales begin. I totally agree. If not, it's already it's been suffering um, I think the market is Calling bluff a little bit for the sake of it And I don't think highly on is helping their case either to be honest with you As part of the angle that I play on on twitter Independent investor but uh, look at it this way once you retire and then I to just introduce you will start collecting that good That's a really really good good valid point How do I make this sound like that? Can I I can turn it back and make it apply to you guys? Um, perhaps owning 11 000 shares of highly on doesn't make any sense at all for you But does owning a hundred make sense? Does a four hundred dollar investment in this company make sense for you? Why do I say that? A lot of people come and they throw sticks and stones at me for doing what it is that I do with my program I I I do with my program my program my program and they're always interested in what I do Spend a lot of the majority of the time looking at what I do where I spend zero time looking at what others do anyway but I do have that on the back side Right and it does absolutely speak to why I justify doing what I do not to say that It's okay to just frivolously throw money away. It's not okay but for me and My purpose and why I feel like I was put here And why I feel like this is my opportunity This one and it's not going to be easy. It never is nothing in life is easy but this makes 100 sense to me and I need to get this thing up to something a little more comfortable right now. It's it's tough. It's it's very very tough But you're right I do have that assurance on the back end and it's something that i'm very very proud of it's well earned I bust my ass at work. There's no doubt about it. I work very hard I work with a lot of people half my age I can run circles around them. It's just that simple. I work very very hard And I teach a lot of people how to work hard And it's it's it's a good thing This is just a stock holding No more no less It doesn't make up for deficiencies in my life It doesn't supplement things I do good that have nothing to do with the stock market. It just is what it is It is a stock holding That's it and for the very reason that you point out here, which I'm really glad you did It it helps people understand like wow You own a huge position. You must be doing really well on the independent investor channel. No Not really. It just it makes sense for me Right now. It just makes sense the real give back to you guys is to make this thing makes sense for you guys In your financial journey. What makes sense to you is an 11,000. Maybe not so much Is it maybe a hundred shares? You know, maybe not maybe single stock scares you to death and listen. That's all right, too That's all right, too Guys, I want to appreciate you man. We had a hell of a gallery in here We held over a hundred all night. I haven't done that for a while really appreciate it man I freaking that's that's really what keeps me going man It it pumped me up almost to go for an hour and a half tonight It's a give back to you guys stay strong in the markets, man Nothing that happens in the short term in the markets have any ramification on your Decision making on what you should do from day to day And it it's just only going to compromise your long term program It really is monitor the markets be a steward of the market Pick your opportunities where you can super super important to do that But be steadfast on this program Um, would invite you to subscribe to the channel man join our viper group if you want We provide those opportunities all of them are on the front page of the youtube channel take them If you want if not continue to be a guest on the live stream, man This is the the right one. I'm in the pocket speaking to individual investors, man You get the most benefit. Um, I lay it all on the line for you guys for your benefit, man Just looking to empower one investor at a time guys. Thank you so much. You really appreciate it. We'll catch you next Friday