 And a happy Friday to each and everybody out there in the world. Welcome to the independent investor channel I'm kicking off 10 minutes early as a give back to the people who come in here early I am not one of those people that Conform Actually, I'm Atypical in my application. I don't like conformity. I don't like to think like everybody else I don't like to buy into this whole idea that the world is coming to an end okay, if you have lips listen to me and my message over the last five years and You took in its purest form the idea that you can participate in financial markets by buying the S&P 500 You are down right now by about 24 percent in your portfolio. You're down you're to date 24 percent It flies in the face of what everybody wants to have you believe Perhaps maybe when financial markets or hunky-dory they're a okay That you can get involved and you can just trip and fall and make money It falls on deaf ears when I discuss this with people and try to condition People's expectation about the stock market and understanding that when you embark on a plan to Participate in financial markets that you have to be able to participate in markets good. Yes and bad in its deepest and darkest most Horrific moments and It seemed like today was one of those moments Mm-hmm where we receive some good numbers actually The unemployment numbers that came out work were good. They were steady It's almost like there's a bunch of people in this country who are rooting against this country. I Don't know. I'm out every single day and deal with people and People seem to be doing just fine. I was up in Queens this week and I had a quick lunch Somebody was kind enough to buy me some lunch while I was waiting to write a specific piece of business for this specific business owner and I Was overlooked in the marina and I thought wow what an incredible country this is I'm not a boat owner nor am I a yacht owner, but I thought what what a phenomenal country This is man where people have the means to you know to recreate to enjoy To participate in in theater to participate in show to participate in financial markets that are As regulated as anywhere Out there on the world and I see a mat you should pop on with me tonight We can have a little bit of fun and catch up a little bit I don't have a script outside of the 12 months of the three dividend payers per month that If you had listened to my message closely and intimately that you would have been fine I'd like to have a ethos on there as well. That'd be fun Man, we're making a trio tonight. Nobody wants to come on with me anymore I think they like just listening to me rant for 60 minutes if nothing else people have just tuned off the message And they're like hell JJ you can come on too man. I don't care. It's all good You're my Nicola lover and it's all good you guys need to understand man I wish nothing but success on everybody and When we do social media we have to be very very careful that we're not I'm miss miss construing a message that strays people away from opportunity I think what what I'd like to understand about this sharing of perspective is that All too often I watch the mainstream media and it's if they want to control the narrative to the point where When things are bad We want to continue to just drive them down as as as pulverizing as we possibly can And I just think that there's a there's a more holistic picture. I really do Um, I think if you've bought into some of the and and I have the 12 months here that are identified if you've listened to Those opportunities that I've outlined with most of the dow 30 You know, most of those gems of the stock market are very very unpopular when the s&p is just smoking At 20 25 to click to the plus side, right? Here. We are down 24 percent Everybody's losing their f and marbles And uh, you know, they're unsubscribing from the independent investor channel because somehow i'm the bad guy, right? When in all actuality if you're down 24 percent Double up on the position. I mean you're at that first benchmark here where If you're stepping back and you're Asking yourself why in the hell you're doing this You're probably having a hard time understanding why um different Levels of invest investor savvy I pick up on when I monitor social media For me, I'm very very neutral and very very non-engaging When it comes to the sensitivity that I pay to people who were Uh as I was in my Journey as an investor Um, but for me right now and I think matt could attest to this matt's one of the very very few online That I would probably pay homage to I've got ethos investing as well in the group and I've spoke with Ethos ethos has been with me for a long long time Um, and I respect him and and what he brings to the table and representing himself as a family man because that That in essence is what it's all about. It is all about what matt brings to the table with perspective And this is a mental game my friends. It's a mental game uh, it is mentally taxing To sit back And watch hard-earned dollars go down Why why is it hard? Why? Why is it that we aspire to things that are socially acceptable? like spending Spending all of our time saving up to a level so I can just fall on tilt and go by Let's say that dream viper or that corvette or whatever the ferrari the Mercedes the bmw Whatever it is all the things that we think we need and and we need to aspire to We need to go and hawk and we need to pay for a four-year education So we can make a higher than average income to what? pay for all of the Entitlements that we have in our destined in our future Yeah, I don't know. I struggle sometimes man when I when I I just turned 45 this last month and um I've never been 45 before so Oh I only know to deploy what it is that feels right in a In a strategy and a plan that we put in place It seems like times like this the plan has stress fractures that show and it cracks in the program that people try to exploit and You know passive investing now is somehow not cool or Somehow it's overloaded Okay There's an attempt to drive that wedge between the institutional investors and those retail investors out there right that are Obviously struggling To just maintain the why why am I doing this institutions? No no problem I hell for all I know the institutions are pitted against retail investors anymore I for all I care the very institutions that are charged with representing the very people that they serve Are in all in all fairness probably the enemy in all of this Thus independent right If I'm going to deploy a strategy, it's not going to be the whim. It's not going to be because I'm Beckoning to the whims of the grander institution It's not going to be like that because I I just think those those institutions are flawed. I really do I'm one of the only ones that are talking about January 1 of 2020 2021 January of 2021 And I'm not going to say what catalyst happened there where the regime changed and the government took foothold But it was that very time frame where the stock market started to fall off. Why is it anybody's fault? No, no, I'm not I'm not one to play that game. Okay But my criteria over the stock market is very very simple I I expect that the real impact of the government that I am charged to serve in the country that I'm charged to participate in and the country that I'm charged to Work and try to earn a living in Um Have a hand in contributing to my bottom line as a family not detract from Fair right Right, if I pay into the system This is what my grandfather told me If I pay into the system long enough Ryan the system will pay you back Who here believes that raise your hand Who here believes that shit if you raise your hand right now and say you bet I have full confidence in the system that you know if I work really really hard social security is going to be there in the back end I don't know What do we spend 700 billion dollars on the last inflation bill right to lower inflation and inflation still out of control And there's discussions now that the fed will overshoot and they will they absolutely will Uh I've made a few comments over social media over the last Especially year because it seems like we're having the byproducts of the global pandemic now and the effects that have existed and the ramifications of of said pandemic on people's discretion and mentality and attitude and demeanor and everything discretion And I think it's just flawed It's crazy I think people are angry now Get it What I always try to teach my audience is to understand the the sheer nature of your opportunity to to weather storms And you know for me, I'm weathering a difficult storm because I'm engaged in a lot of different profiles as an investor Dividend growth investing which is paying me If you invested in january you'd get paid in january pepsi murk and General products, right? There's some cool tools out there if you follow the right schools of thought or at least study the dow Jones industrial and the gyms in the market those companies that have been around for over a hundred years you got apple and a tnt Evidently apple is the new target matt's probably going to like this and matt's been talking about this for a long time apple has been overvalued at 22 times apples traditionally overvalued and if we enter into a swoon and apple ends up Rerating back to where it typically re-rates to we're talking about low low um double digits We're talking about a stock that is re-rated to 14 times Is apple going to go down that far? I think 1618 um is going to be enough of a system that's systemic shock to the market. Do I think that's going to happen? Yeah, I don't know. I watch cmbc and the pundits on on on The news media now and it would it would seem that the apple of two years ago is not the apple that we know and love Now it's seemingly different. It's not the service industry that we That we love and we use every single day and it's not more than a foot from us at any given time, right? We do a lot of our business on this tool this device Which is astronomical to me because at 45 years old I remember a time when I had the ram cell is what it was called. It was a cell phone. It was as big as a brick And if you had a full charge on it, you could talk for 22 minutes Now it was going to be spotty conversation Okay, and part of the conversation you'd have to actually hold the phone up as if it was doing something But it really wasn't that you were trying to get that antenna You know or that satellite or whatever you thought was going to extend three feet closer to it by holding it up All the olden days When I couldn't come on to social media and share a perspective With you kind folks I would only hope and impart to you this that you get some perhaps Some of the viewers out there a small benefit from my perspective and maybe even some out there a large benefit because There is certainly a disconnect between what people expect from the stock market when they get involved and they have Their their their attitude and their approach it waivers during times like this And when the market's going up, it's easy. This is great All I've got to do is continue to just put those those those quarters into the machine and I every time I pull the lever I'm winning But over the last couple of years I've continued to put those quarters into the machine and I continue to pull the lever and I haven't won at all Since it's been horrendous And I'm not going to sugarcoat this I I think the stock market right now is in a place that we haven't been in for Well, I would say let's just scrub the entire bull market over the last 12 years Okay Interest rates are out of control The homes The people live in right now Are not worth what it is that they're garnering right now just starting to see that roll off I talked to some people and they're like, hell, yeah, it'll go up forever. Ryan man. It's all good $750,000 it's good Hell there was a time 45 I look back and I there was a time when I thought a quarter million dollars was a lot just to say it You know, even though it was a one fourth of a million dollars It was just fun to say because the word one million was squished in with it, you know I mean pretty soon a quarter million dollars is going to buy you a driveway somewhere buys you a driveway here in statin island new york, that's for sure Yeah, yeah I don't know So perhaps maybe one of these days I can actually save enough to actually hope to I don't know maybe You know settle somewhere maybe buy a piece of property um Maybe think that the pursuance of of a dream out there is actually possible. I don't know Because my friends when you look at a plan and you look at a dream and you look at times like this We are at the impasse We are at the very impasse and we are at the very precipice of hell It doesn't get any worse than this When it comes to the stock market and I think a lot of people are feeling my pain Not me the pain I'm fine been through this many many times and This one for me has stung the most Just because of where I am in my in my life And the chances that I've taken it seems like every strategic shot that I've taken has actually turned up to be To be to be really really a difficult road to hoe and You know, what do I do? Do I throw in the towel? Do I start selling johnson and johnson? Do I sell apple here? Do I sell it? I don't know I owning the company apple means more to me than I'm justifying owning apple stock with the stock at either 140 or 120 doesn't doesn't doesn't bear It doesn't pay me no mind It doesn't influence my decision Owning a bunch of other companies as well I've imported to the group here when I started investing the very first stock that I owned was at&t at&t here at $15 I looked at Verizon In the mid 30s, I believe which is a fantastic opportunity to pick up a fantastic I don't know what its price to earnings ratio I haven't looked at their balance sheet for a while to see kind of where they are I'd like to know what kind of cash flow they're rendering, but they sport a nice 5% dividend There are opportunities in the market right now man, and nobody's talking about them nobody Nobody just kind of goes on to CNBC and is like, yeah, there's opportunities abound They're out there All you got to do is just kind of like swim through the noise for a while And then clearly step back and look at it So I got Aaron in the group here. He just dropped a couple of names here My bywatch list google I own it meta which is previously facebook and microsoft. I own all three of those names And he posted a couple more here disney crm axon and vti so yeah VTI is good from the passive perspective and some of those single names that are really really come off Really kind of baffling to look at these companies disney and crm is both Dow components Rolling off as heavy as they are I'm at a loss for some of these companies that are rolling off so heavy right now There's companies and opportunities that um, they're out there And those opportunities are across the board if you want it to buy value if you want it to buy growth if you want it to buy technology I I guess the interesting question is where do you think the technology sector as a whole is going to be in 12 to 18 months Ask a scarier question, where do you think it's going to be in 24 to 36 months? I watched the technology sector for many many many years Never ever provide any type of, uh, let up in the stock run up Microsoft is a great example microsoft has just Went went to the moon if there was ever an investor out there that was sitting on the sideline and was was was A young person or somebody who has not participated in financial markets These are the very people that we need to talk to but the sheer irony irony in the matter Is that those people look at the stock market if you don't have a lot of experience and they're like this is nuts. This is crazy but I do contend that there's a few out there that are probably willing to say hey man I've sat and monitored markets for many many years and had Way too many people tell me god. This is crazy. This is this is the most incredible market ever, bob You gotta get they get involved man. This isn't insane. You're missing out For the people who have participated in the last 12 years of markets and I've been involved for about double that in my life and I contend all the time. I would never be in the position that I'm in without financial markets I say that if you heard me say that You've got your money's worth tonight and Might I remind you you're not paying anything for the live stream. You're getting my perspective free of charge But with over 25 years of experience in the markets I remember the drawdowns for brexit. I remember the drawdowns in the 2000 Tech bubble bunch of companies that came out sounds familiar right through the SPAC debacle, which I was about as vocal as I've ever been on twitter today. I was pissed With one company like I don't care about johnson and johnson and home depot and proctor and gamble and AT&T I just I certainly am a little more peppy when I feel like I've been taken Yeah, it's amazing to me how in such a highly regulated arena like investing The people can come out and save one thing And then deliver something completely different in the open marketplace and get away with it That pisses me off and perhaps maybe i'm the only one who sees it that way Mm-hmm. Perhaps there's Others in the world who just don't see it my way. Ah, come on. Ryan. You're just being sour I'm fine. I'm not sour I just like to make my investing decisions based on what it is that's being proposed to me as far as the opportunity and when proposals are made to suggest that the The interest or the data None of that was used in the projections for highly on none of it None of it was used. Okay. I I chalk it all up as bullshit at this point It was all bullshit, but they got away with it You say whatever you want man, and it seems like we reward that type of behavior in the society anymore I I stand all but at the at the at the decision point on the independent investor channel Um Where I haven't gained a subscriber for the last couple months. I've gained one. I think it's great that it proves my point People are not looking for my message. They're not People do not want to hear a message like mine Because it's in the sheer face of the Volatility that we have now and it's just People either want me to come on and and start whining and crying about Losses and the portfolio and what it is that you could do to strategize your own program And I'm going to throw you a life ring and you're going to grab on to it And I'm going to pull you in and I'm going to save you boy. I'm going to save you This is not reality man. That's not how it works The fact of the matter is it's a lot simpler than that Be honest with you Investing in a box is where it should be contained in a box Don't invest or not How do you want to do it? You want to do it defensively? I think most people could do it defensively Because nine out of ten people shit their pants during markets like this How do we do it ryan? How do we invest defensively? well I contend that the The average joe out there should be able to buy the smp and stomach a 24 down turn Ryan had $1,000 in the stock market. I'm down $250 Ryan over the last two years I'll be fair year to date. I'm down $250 Ryan, I had $10,000. I'm down $2,500 year to date ryan You son of a bitch. You terrible bastard. You a bad man I was down nine grand today. How do those scenarios differ? Do I have sympathy for you down $250? Do I have sympathy for you down $2,500? No No, you get nothing but tough love from me on the independent investor channel The only thing I'm going to do is I'm going to give you the answer Okay, and tell you just to hold true in financial markets because it's not as bad As you're making up and you're inexperienced brain right now. It's not It's not what the pundits will tell you about this world that we live in here in 2022 Is drastically that ass different than we lived in in 2019 or 2015 or 2012 I live here in new york city. This is the city of indulgement guys Want to want to come and tell me that people are suffering here in new york? Are really If you can buy food here in new york city, you are a success story I just had my highest grocery bill today of my entire life Might I remind you too? This is the entertainment capital of the world if you can't afford to live here It's probably not that bad Sam, we might have to sell the Mercedes Benz. The stock market's going to hell The independent investor channel comes on and he says that it's going to hell We might have to sell a couple of the cars What do you think about that? We might really have to sacrifice Are we going to the same restaurant tonight honey? I think over the last 12 years. I think we've pushed the like complacency factor up to like overdrive Where people actually thought that the house that they were buying for 500,000 was actually worth 500,000 dollars The statistic out right now is that 75 percent Three fourths of the people who entered into homes over the last two years regret purchasing If you're one of those people And you're tuning into the independent investor. There they go. See they're they're unsubscribed. I don't want to hear this Shit. I'm out of here You will not get any sympathy from me. I live in an apartment I've opted for an apartment the last two years and i'm just watching this Real estate market roll off and you want to be want to be You want to know my insight? I want to see it roll off. I do I don't know what happened over the last couple of years the people lost their mind I've made a comment. I made a comment today that I think over the last couple years I think the global pandemic made people stupider That in conjunction with social media Is turning people into mushrooms seriously We're we're decomposing as human beings and entering into the fungi category We are entering into we are becoming fungi my friends. We are We are becoming absolute idiots Because we cannot think for ourselves We are absolutely manipulatable As retail investors we follow like sheep And we do whatever it is that the lead sheep does no matter what Tesla evidently today has solved the entire transportation problem in one day In one day Pepsi God bless their souls has taken ownership of the order that they placed four years ago three years ago whatever For the tesla semi truck that uh, evidently gets 300 miles and is supposed to save the save the planet Um and stop all hurricanes Um, and it's going to, um, um, basically provide Uh, global uniformity to the populace and and in global hunger and the the the conflict abroad and All other geopolitical tensions in the world and and the world can live in harmony Um, so that was an interesting piece in news today, uh, to suggest Uh, otherwise would be contrarian and to take the name elon musk In vain would be blasphemy So we won't do that. We won't challenge tesla. Um, we'll we'll allow them to write the script and Challenge what it is that our transportation companies have, uh, grown to know and love over the last 10 decades And we'll go in a new direction, uh, because elon musk says that it's time to do so Um irrespective of the specs irrespective of the charging unit the costs that exist there and Irrespective of where the energy is gonna come from and who's gonna build it and who's gonna permit it But i'm an i'm an idiot I'm just a lowly fella on on youtube who just looks at the world and with my cynical approach and lens just thinks that Um, it's not the world that's going to hell in a handbasket. It's people and their mental shortcomings How bad is it right now? I don't know you tell me you tell me i'm at a loss for words You tell me how bad it is You and home home depot is home depot closing next week I don't know tesla's probably buying home depot And it's gonna shut all their doors gonna throw a big chain on the front of it and throw a big lock on it We're closed for business This is going to be a new manufacturing facility for all the ebs out there This is going to be a new warehouse for the model s tesla as we transition to to this uh tesla world that we all live in and If there's something to be followed by friends people will follow It wasn't just two short years ago that I challenged the Kathy wood debacle And I was the only one out there that was challenging it I apologize if there's anybody out there that was actually challenging it with me But I don't think there was a lot of them. I really don't Um, I I think it chalks up And it will solidify for you guys over time not necessarily a one specific delivery on a friday livestream But over time will become blatantly apparent to you The people feel more comfortable following than they do leading And that's exactly the way I feel And that is exactly why I came out with this project in the first place because people are weak And they need to dig a little bit deeper in understanding how they can write their own script on this deal Man, you are going to set yourself up for massive massive regret at some point down the line If you've spent your whole life just following others and following the the the manifestations of all of these profits That have been made in the public eye If it's not Kanye West that you follow or the Kardashians or if it's not Joe Biden, okay Kind of follow these people at all cost man. These are our new false gods All right, follow them at all cost and your portfolio will benefit for it. Be back with you in just a moment guys That just comes to the definition of what we feel like success is Do you feel like success is this accumulation of this pot of money? And then with that pot of money you can start to accumulate a bunch of matter You know and some of that matter looks really cool, man some matter is like in the form of a Ferrari and some is In the form of an overpriced home that if I buy it and I have my family over they're going to think I'm a successful person Because I've I bought this matter that's really huge I have a family of three a family of four, but I I need a 10 bedroom house I need it and I understand man, but the bank said I could borrow 650 I I make $35,000 a year And I I don't have any savings at all, but that's all right I I I can I can buy this house. I can afford. I'm good. I'm good. All right because I'm successful. All right That's the that's the that's the sign of success right there I don't know to be honest with you man successful people are those that Have the ability to provide themselves food sustenance security Mental peace of mind and have Companionship. Yeah, that's it. That's it I'd I'd spend the majority of my time just pursuing those ends right there You can get some satisfaction out of your way of life Some people's way of life. I just had Scribner hit me up this morning right in Scribner. He's an author now He's a self-made millionaire super stoked. He's a friend of mine Very big influence on the independent investor channel friend of mine. He said hey hit me up. I'm an author. I wrote a book I wrote I bought the book before I went to the gym this morning. I bought the book I think before five five o'clock this morning Um, and it's a pre-order. He said he'd sign it for me and he will he will hit me up We'll go to dinner when he comes up here in New York. It's all good I celebrate success. I really do But you look at a guy like that at 26 years old and you look at a guy like myself at 45 Is he more successful than me because he's a millionaire? I'm I'm quick to say no and it's not it's not out of envy. It's not out of jealousy It's not out of anything. Um, I have a few things in my repertoire that a lot of people don't have A lot of people don't have um And those are the things that I feel like people should be Spending their time in the pursuance of most of the time rather than bitching and complaining about their portfolio Or buying into this idea that The whole market's going to hell Maybe it goes to 3,500. I don't know. Maybe it does that'd be great We can get to this technical level and then we can stop Market closed tonight. I was reading all kinds of articles about the market Flipping the script and turning around and We're exhausted right now. All the selling is exhausted. I don't know Who cares? Who cares? Would you think I was more successful if you took if I took a segment of my portfolio and I went and I bought myself a lotus And I cruised around in that lotus and I filmed myself See you guys might be really really annoyed by my insistence on keeping very very consistent with my very very boring Tron back backgrounds that I come on but It is as simple and streamlined as I want it to be and it is consistent. Yes If I'm going to come on to social media and I'm going to talk about success The way that I feel like it should be Then I'm going to give you this idea of what I defined success to be right now right now Not in 10 years 10 years. I'll be a millionaire 10 years. I'll have 100,000 subscribers on youtube. Why? Because the masses out there who I feel like have the brain of a sheep Will follow me because they think I'm successful because I have that monetary milestone And that is the biggest fallacy in this life my friends biggest fallacy You cannot sell me on the idea that you are Happy because you've achieved that end. You cannot sell me on that Because if that is your soul motivation and life and you're incurring what it is that you're incurring right now Through the stock market volatility. Ah, you're a basket case. Uh, it's terrible Terrible you got to have those other support structures in place How many of you guys with that was at the gym at 445 see I can challenge myself to Engage in this line of self preservation, right? Because without health and well-being it's futile To be doing what we're doing. We have to have a purpose and a reason as to why we do what we do And it's the very lifeblood that makes me happy. I I can't tell you no time In my day That's not so much true. I but I will say that my time in the gym I spend our 45 minutes in the gym every single morning. It is the fastest minutes of my day The problem with me is I enjoy my day too like my inspections day with my job and what I do I enjoy it If there's people out there who hate their job, I apologize. I I got a little bit lucky on that front But you're not successful ryan. You're not a millionaire. Yeah, but I love my job Truly do truly love my job. This is where me and scribner I think the title of his book is side hustle to full-time hustle Or quit my job to side hustle to full-time hustle Now I'm a millionaire something like that. It's cool. I'm happy for him. I don't care I may I hope he makes 10 million 100 million whatever Do I think that he's going to do that? I don't know. I hope he does but this life is tougher than What a lot of these kids and at 26, I don't mean to impune but You know, I wouldn't change any of the lessons that I received in life I wouldn't I wouldn't change the rigor that I had to go through to appreciate what I appreciate no way I wouldn't want to do that So we circle back to the stock market What do we do buddy Nothing You don't do anything. It's not Are your shares fine? Are your shares? Decaying you fungi Shares are fine Your shares and johnson and johnson or or pepsi johnson and johnson's a march payout with home depot But your pepsi and your merc and your general products That's January payoff. Okay. Let's just go into october october is Uh fedx and walmart. I own both of them They'll pay me this month They'll pay me a few bucks. I don't own hundreds of thousands guys. I'm not a wealthy person Not a wealthy person. I have a figure in the bank. I don't consider that as a contributor to my wealth What hi you're killing me What are you talking about Ryan? How can you not consider this as part of your wealth? It's because if you stripped away what my wealth I would look first at those items those those five items my kids my wife my security my employment um My ability to make a living as being primary shelter those types of things I would look at those first if you scrubbed away the other stuff And just gave me the money I'd I'd I'd fall until Let's jump off the balcony time right so when I put it that way and Skating and I do that for a reason for perhaps maybe the pursuance of the ends that you pursue or futile Refocus recalibrate Fire away on those things that matter I'm not going to tell you what matters to you. I know what matters to me I'm in the pursuance of those ends right now trust me and Get into a decision point On whether or not I throw this and it just it does not feel right to continue to do the the sunday highly on video It's going to break my heart. I love the company. I love their mission. I love their vision But god forbid a company come to public markets that has a great idea that actually has a fighting chance and I just cannot continue to support the company when they cannot Give me the impression that they are fighting 110 percent This whole honor the employee things right before my live stream set me off something fierce We don't need to honor people because they have a job Okay, we don't There are people who have died for this country died for other countries died Helping this country and we in turn have died helping others That my friends is honor Okay, and if you're spending your time Manifesting over honoring things that really are not that noble in this life Then your priorities are aft up They aft up and you need to get them back in line because that is not honorable Okay Nursing doctoring trades People who are scratching to earn a living People who are taking advantage of the opportunities that have been provided by those peoples that have fought in those wars defending this country and others That's noble That is honorable right there I just think we throw these terms around nowadays because we're a privileged society man We are we are a spoiled spoiled bunch of brats We really are we're a bunch of pussies Time the market's going down ryan. It's gone down for 10 months Who gives a shit if you're gonna be part of my audience, baby You have got to toughen up and you got to toughen up the my standard Okay, stop being a pussy If you want to throw a right hook at me you can throw those right hooks all you want through social media No problem Nobody ever comes down and sits the chair Nobody ever sits across from me and wants to come on and challenge my idea that To be an investor to be a successful mindset to be a successful Person in this life. You have to have some level of motivation. It has to you have to feel it man and I believe Tell me if I'm wrong, please I'll just shut down the channel I believe that there's other people out there that feel the same way I want to believe that Is that true? Do you feel the same way? That if you can just sit back for a second and carve out a little piece of something To where if you feel like you self evaluate and you identify man, maybe I'm not meeting meeting my full potential Or I'm tired of trying and not meeting my full potential. Maybe I need to switch gears a little bit and read F my thinking Maybe what I've been doing hasn't been working. I'm gonna unf my thinking and I'm gonna go this way I'm gonna go this way tomorrow The independent mind like myself every single day. I'm reevaluating Okay, now I have a few roads that I'm like laying the final pieces of asphalt in right It's like my main highway of motivation And it has everything to do with my marriage my children my career Everything about my current opportunity that has been predicated on the decisions that I've made of my past Okay, decisions that have been made in my past to build the portfolio that I have Right now that I'm watching go down every single day. Am I going to throw in the towel on it? Hell, no That's why That's why Because the decisions that I made when I entered into home depot are just as prudent now as they were then Do I throw in the towel on johnson and johnson? Why to make myself feel better? just to somehow Supplement my my negative attitude on looking at the market down every single day That's been a jab It's been a jab in the side every single day man. It's been tough tough financial markets. No doubt about it S&P investors defensive and diversified S&P investors out there that seek out that 1.7 percent Dividend yield are down 24 percent right now if they dollar cost average They buffered those losses and they've continued to fund markets through the downturn. That's exactly the secret sauce of investing I just gave it to you. You can shut me off. Thank you so much. Ryan. You're the man. You're the man. I'll send you a bill Yeah, it's all good. I just gave it to you. It's all good Ryan, you cannot talk about financial planning on youtube you crazy bastard You cannot do that. You you just can't do that You see all the commercials now about people sitting in you want to beat the volatility coming and sit with a financial plan A professional hospital said you they're all they're sitting to the side kind of like, you know So you can see their tie coming off and you can see the fake plant You know and you can see a corner of their oak desk and you can see like stock charts On their computer as if they have information that you don't have And you need to crawl to them right now and and and beg for forgiveness, right? None none of that none of that facade exists None of what you perceive in the world Exists as far as that concerns. The only thing that exists is your own reality yours Independent your own reality. That's it You want to take a stake in home depot? I can't say to do it But you are aware that there are a couple of companies out there one of which is called home depot And the other is Lowe's both of them have their own different aesthetics Both have their own kind of feel both have their own kind of Different appeal when it comes to people and the customer service that you will receive within each respective business I like them both. I don't differentiate. I'd prefer home depot over Lowe's That's just my personal preference if you put a hundred people in a room and you tallied them It would probably come up 50 50 home depot Lowe's Okay, the only difference between the two is Lowe's pays you win. When does Lowe's pay you in august? Home depot pays you win in march now. That's a big difference. See I got you ryan's son of a gun. Okay You son of a gun But I can't tell you to go buy those companies, but I will tell you this there is a public market out there Okay, and for those independent minds out there that actually put two and two together to equal five You can actually start to articulate what could happen if you actually entered into a gem of the stock market like this And entered into some value maybe now maybe you did three four five six 10 years ago And where you could potentially be in 10 20 years from now if you do put a nice little basket called I don't know. They call it a funny name. It's like a portfolio. It sounds like a nice fancy Pasta But it's called a portfolio Okay, now I can't tell you how to build said portfolio, all right But what I can do is actually explain to you that those businesses are open most days Of the week and monday through friday As well as some saturday and sunday hours as well for you to go get your materials to home improve On that 750 thousand dollar house that you overpaid for Yeah Yeah Yeah, those opportunities out there exist even for the small wee man even for the wee man I'm a wee man You're a wee man You're a wee woman. Okay, you small time you small potatoes. Okay, you do not exist You are insignificant in the eyes of the world however However, you can define your significance by actually opting into some shares of this company now I didn't just say that okay, because I can't provide financial advice through youtube Did you think that that was financial advice by giving you the business hours on home depot? My apologies. I'll take that statement back. Please google Hours of home depot through google and it'll give you the actual area hours of operations. You can understand when you can actually Contribute your patronage to each of those respective businesses. Mm-hmm. Yeah, but anyway any more now You can actually open up a brokerage account and actually If you if you put some some money, let's say you put 10 dollars for at home depot You can actually participate in that company. Okay, you don't have to be a lowly retail consumer anymore you can actually be a participant in financial markets I digress What do we do going forward? Going forward. I would Caution everybody out there not to act hastily on your emotions I felt like selling highly on today. I made a tweet that had nothing to do with selling my highly on shares I Had some people hit me up and say that I started a fire In the discord group. I apologize for that scared had nothing to do with selling my shares. Did I feel like it? Yes, am I going to know If you call me directly, which is not that difficult to do which nobody ever wants to do They just want to start to presume and they start they want to start to Fire away and they want to start that it's like a it's a it's a social media gun But it's non-existent, right? It's called it's called it's it's this Where you can just take and you can type things to somebody and you can just be like you can presume whatever you want And you can just fire away at them. Hey, you did this and you did that This and that and this that was like, well, no, I didn't actually I didn't I might have felt like it and I did because I'm pissed and so is everybody else in the company because This company is now just we're investing on hope that they're going to somehow I don't know sell 100 units by 2030. Who knows I have no idea The company doesn't talk and I mean I talk every day and It's just insane I talk every day with the sheer intensity of just helping those retail investors out there that are trying to make some sense of this garbage And in economic downturns like this It always comes up that the that the small potatoes get hurt the first small people Middle-class people and low-income people they get hurt the worst couldn't agree more couldn't agree more So how about we advocate for those people and let them know Hey, the best thing you can do is actually stay true and not shit your pants and sell your entire portfolio Only to regret that decision two years down the line Like everybody else who sold shit their pants in 2010 ran for the hills Only to miss out on the greatest bull market in the in the history of the world two years from now You'll never hear a whim of 2022. You'll never hear a whim of it. It'll all be just like how incredible The apple iphone 36 is and how google has taken over the world with autonomous driving And how tesla god bless elan musk owns the entire transportation system And how one out of every four people owns a tesla and blah blah blah blah blah Bristol meyers has come out with a cure for cancer finally cancer is a thing of the past Just like the global pandemic two years from now mark my word There will not be any one pundit on cnbc coming on and saying it's terrible Don't invest in the stock market. They'll they'll they'll be they'll be like everything is back to normal. Everything is fine Which is what I like to draw a distinction for you folks now on A more of a neutral line See life is only how you define it to be not how cnbc Or the pundits that come on where do they get these crackers? I have no idea. It's insane It's insane I I I would be like the blackest black sheep Could you imagine me on cnbc? Independent investor we're honored to have you on today. Can you give us your pulse of financial markets? They're fine They're no different than they were five years ago and 10 years ago and 20 years ago We're going through a bump in the road that of which we will overcome and Any investor out there that's hearing me talk right now Should heed my call and look at this as an opportunity Not as a detriment What would they say to that? They'd be like where the hell did you get this guy? You get the producer on the phone. God dang it. Where do we where do we get this guy? Son of a gun man We like those guys that we can actually control like robots, man We put a chip in their head and we program them to say Yeah, I don't know the market's going down and it's going to continue to go down forever Robots kids robots All right, I learned to thank for yourself Be so much tougher man Let me get to some question man. Not enough glasses for Ryan Not enough glasses. What do you mean? What are you talking about? I don't need one. I'll drink it out of the bottle. Leave me alone. Leave me alone matt. You crazy retail investor Jesus investing with Aaron listen says never listen to CNBC. I listen I listen to it for like 10 minutes a day that's my free free preview but uh I like listening to it for a little bit just to pulse in on the market activity I don't listen to the people I watch the ticker tape. I've told you guys many many times That's really simple. Uh, I love to see it out of the bottle Oh, it's it's on top of the refrigerator now buddy. I'd have to go get it But I would I'd have a shot with you man. If you were here, I'd pull you I'd pour you a cocktail Just because I'm a gentleman like that I am I'm pretty stoked man. I just got tickets for smashing pumpkins tonight. I'm pretty stoked man I lost out of my NFL tickets. I'm pretty disappointed on that but For the most part, I'm happy. My daughter's super stoked. She's fired up to go to Smashing pumpkins one of her favorites man. One of dad's favorites too. We're all fired up. Why? I take solace in Making my family happy Makes me happy Makes them happy Should make you happy knowing that my focus is Where it should be as yours should be Don't make no mistake about this man. I don't ignore my portfolio. I don't I pay and define as much Of the game as I can What do we need to do right now? Is there something I should be doing more of? Less of should I do I'd be I should I be doing anything? I don't know What do I do? What do you do? I can't tell you what to do. Okay Not a certified financial planner read the disclaimer in the bottom Forget everything that you just heard about home depot and shit. You're supposed to forget that stuff I'm going to do the men in black on you Just scrubbed your entire mind 1979 is a great song wrong. It is a great song, but my favorite song is zero Listen to it. It's good. It's good. I'll be happy to hear zero live. I'll be happy. That's good Um disarms a good one. I like your slow stuff. It's a good one. Yeah, it'd be fun We'll have a good time man. Be great. We're out minute 59 man. I did kick off a little early tonight Um, appreciate your support. I really do. Um, these are impassioned live streams these are aimed at getting people to really really think in bad times because When we come out of these bad times, I'm the one person that people look back and they're like, dang Ryan, you know, man You you you really had a level head And you came on and shared that perspective. It's very very real I could come on and jump up and down and buy into the garbage and Try to sell you a bunch of crap about how excited you should be and believing that everything's going to hell It's not just here to tell you it's my I guess could it I maybe but I'm here to tell you that I don't think that it is I really don't And Hopefully it helps people It helps people Because was that without this tool of youtube and coming on and really trying to dig deep and and understand what people What makes people tick and What people what gives people merit in their life? Financial security is a very very important element to pursue But it is also a very very shallow uh pursuance And it's one that if you're not careful can create a very very Very very It's an addicting vacuum It's an infinite pursuance of something that you'll never reach and you have to be very very careful that you're not getting caught up in that Okay We're gonna hope for better times guys. I tell you what there's schools of thought that came out the closing market today That would suggest that the selling is exhausted. I don't know it. It feels like I'm been kicked in the teeth for the last 20 months straight Yeah, it happens. You gotta be tough I asked you to toughen up tonight I asked you to not be so So much of a follower um Be independent of the crowd Be independent in your decision making be diplomatic get through that minutia in the markets Because there are opportunities out there And um, I just appreciate you guys staying with me to fight for a better day And thank you so much for joining me tonight on this friday live stream. I've actually got a very busy weekend coming up I actually considered uh canceling tonight But I I didn't because I know how important this product is to keep the string going And we will continue to do that on the independent investor channel If you're interested in the content now and invite you to subscribe To the channel, uh, leave your comments at the bottom of the live stream. Let us know how you liked it If you like me Kick over. Um, we've got the independent investor group.com as always on Shopify If you want to understand a little bit more about some of the coaching and mentorship that I provide It's life changing. No big deal We've just changed a bunch of lives and I'll continue to do that Because it's the right thing to do. It's a lot of fun to do and it's a great way to reach out and touch people and hopefully give them that spark of encouragement and inspire and and Um and empower one investor at a time, which has always been the goal of the channel, man Thank you so much for tuning in tonight on the friday live stream. Be well guys Have a great weekend. We'll catch you next friday on the independent investor channel live stream Fast to 60 minutes on youtube. Cheers