 Happy Friday to everybody Love to welcome all the loyal subscribers to the independent investor channel, and I do want to emphasize loyal. I Have been putting this product out. I usually throw down on every Friday Around nine o'clock if you're new to the channel welcome love to have you Talking about really in the trenches investing personal finance What it takes to grow an IQ and personal finance? I don't necessarily think that it's something that Should be Expected to happen overnight for people I think that's why a lot of my message is aimed at Providing folks insight on how I've treached through the minutia to get to where I am And I speak plainly. I'm not I'm not one of those folks that does social media because I have to I do it because I want to I enjoy the product I've put this out for five plus years The channel has grown. It's morphed as I have as an investor and I as I believe a lot of you guys have as well Many of the subscriber base has been with me since day one That's absolutely fantastic. What you can expect from my channel is a genuine Approach to really speaking to members out there that need help in understanding the portents of this topic Look a lot of people aren't interested in personal finance. They're not interested in in saving a few dollars. Hell I'd be I think it'd be great I think it'd be fun to just take your entire paycheck and just blow it all every month I think it'd be awesome you you'd be called upon with what I would consider to be the masses And and I demand independent thought out of people look if you're going to be called upon as an independent investor You're not looking to make me or anybody else happy You're really looking to prove it to yourself that you can do it you can And I provide those tidbits of Information that are aimed at helping you These are tried and true in my life that these are what has worked These are the things that I have deployed and have seen Through their rigor and application how they work We talk a lot of different things and certain things you've got to do before you do other things, okay? And I've been investing for most of my life So if you can expect that I'm going to come on and I'm going to talk to you about You know doom and gloom in the stock market. Oh my goodness the stock market is crashing Therefore the world has to spiral out of control and and fly off into oblivion You're going to get a little bit more of a grounded perspective through downturns I've been investing all the way prior to the 2000 tech bubble and before So most of my life I can remember being involved in financial markets, and it is one of those things that I speak of as a very important Aspect of anybody's life who wants to try to get ahead It is not the singular most important thing But I think it's also one of the most controllable aspects, and I think people really underestimate the amount of Mental fortitude that you have to have and they look to supplement that with action all the time action action action I've got to be doing something I've got to look at the stock market. I've got to watch an x number of youtube videos every single week I've got to read so many financial books And although the self education piece and be paying attention to markets Yes, there is some Level of physical requirement in that at some point the transition of wealth From one account to another to actually purchase stock Needs to happen. Okay, you're not going to go from a non investor to an investor without dare. I say Purchasing stock. This is an investing channel Stocks come in a lot of different forms single stock being the most purest of forms Mutual funds ETFs index funds etc have come in a lot of different forms get into your fixed income That you can start to segue what I consider to be the form of dollars in its physical sense Start to break down money in a way that maybe you've never thought about money And I would presume that the masses out there that are probably looking at money in a very very singular box Are probably living like I suspect a lot of people are living Paycheck to paycheck you've heard the old onus the inflows come in And the outflows go out the inflows come in and the outflows go out And a lot of people live this habitual cycle for their entire life And until you can break that cycle And it it really does take a mental Ability to kind of step back and say am I satisfied with the inflow outflow? It takes you being critical perhaps maybe it takes somebody like myself To suggest maybe that you need to be critical over your own program. Look hell I'm not asking you to do something that I don't do myself. I'm critical over my program fairly often Fairly often which speaks to some of the points that I'm going to talk about with continually evolving in your program If you truly want to end up somewhere special Now a lot of you guys might be saying look I've watched Ryan for five minutes. My life hasn't changed I've got my lottery ticket in my wallet. I'm going to win 1.6 billion dollars tomorrow. I'm good to go Ryan I don't need you I laugh I too am playing the lottery just for fun And I'll let you know if I win The chances are I will not win and I'll just go out on a limb and say I will not win However in stock market investing I find it interesting how so many people Will gravitate toward playing a lottery that they also in turn will not win As opposed to making more of a concerted effort to take control over those things in their life That they can in fact control and that is personal finance your personal discipline your your own personal savvy Your ability to make dynamic decisions on your own and make those decisions with confidence It's not that hard. I think a lot of people feel like they have to go out and find that needle in a haystack And that is just not one of those things that I Demand of people. I demand accountability and people I demand an ability to look at oneself Break themselves down and actually look to reimagine themselves In a better place And if you have that ability to do that my message can resonate with you If it doesn't no problem. I bid you all the best My position on social media is one that I take with great care However, I can profess. I'm not here to judge you. Okay I look at the masses And I'm very very disappointed in the amount of household debt that this country carries I'm I'm extremely disappointed on the reliance upon credit card Credit in a lot of households in such a capacity that it becomes a detriment Rather than an asset in your life, which I think is is really really unfortunate for a lot of people We've all heard the statistics, you know a four hundred dollar unexpected expenditure in your life would put half Half of all households out there in some sort of financial bind Why is that? Why is that? It's because we live the inflow outflow every two weeks inflow outflow and when something happens in that cycle We we fumble and it's like we can't juggle the two balls at the same time, which is what we're used to Um, and we we fall off kilter We are creatures of habit and and breaking those habits and becoming more of a dynamic thinker and how you apply this Financial game is super super important now the title of tonight's video is is again speaking to the stock market madness and the world's going to hell and and you should absolutely just dive into your prepper bunker never to emerge again um Where are we now? I'm not going to sugarcoat this year 2022 has been an absolutely terrible terrible stock market investing year with that said I would presume and the comment in the comment section that I left over on youtube would Suggest that as bad as it's been as bad as ryan professes that it has been and a lot of you guys Can it test that the portfolio has been tested this year some of you guys are looking at some paper losses We don't sell in down markets. That's what we do. That's asinine But we are looking at maybe some paper losses in some certain holdings There really hasn't been a whole lot that's been immune to the downturn But it's times like this in financial markets where we look at it with an objective and a an educated lens and profess that this is the very time that Millionaires are made And I really want you to think about that Nobody's going to wrap this thing in a bow for you and leave it at your front door It's just not going to happen If you end up being that lucky lottery winner and 1.6 billion dollars and you just so happen to be in my live stream I would expect a little finder's fee and a little shot out If you're one of the thousand patrons that make it into my live stream I'll probably have about a hundred that'll make their way into the channel this evening but I find it interesting the difference between what is socially acceptable Etc playing the lottery I picked mine up. I drove six hours today to get home From virginia back to new york. I'm back and thank you for the leave of absence, but I was standing in line I wasn't going to buy one and I saw five people standing in line One guy in front of me was putting 20 after 20 after 20 after 20 he was buying for a lot of people but 20 after 20 after 20 in the machine And 1.6 billion or 1.2 billion one. What's the difference 1.4 billion? I think the payout Is 31 million a year for life or something crazy? And if you took the lump sum payment to be around 400 million, I don't know just for fun What would you do would you be one of the rare people and take the 31 million a year? I would take the 31 million you end up getting paid like 900 million out of the jackpot minus taxes But you know, it's it's entertainment at best, but it is socially acceptable You know, it's not socially acceptable and one of the main goals of my channel If I can look back over this project over the years and and and might I suggest to make Personal finance a little bit more achievable for people a little bit less faux pas of a conversation that we feel a little bit more comfortable engaging in With our fellow mankind family friends, whatever it might be People struggle and they're embarrassed by that those struggles They don't want to admit to those shortcomings. They all too often get caught up in Making purchases and expenditures Not in the best interest at their own personal program, but rather to You know be able to show some level of status in this in this country and I I think there's A lot of merit to that. I think a lot of people want to show that You know, they have something to offer, but Material things are not how you do that you get this stuff right that I'm going to talk about and you'll be You'll be so much more poised to build a foundation and not a shoddy foundation that you can actually build something upon You can resonate and take things away from my message and understand what it means to be organized What it means to continually develop your core And understanding that the work that has been put in in years past in developing that baseline or that foundation In your own personal application It is going to pay dividends later on in life excuse the pun But you're not going to be able to build upon a weak foundation Okay, and and I'm working on initiatives right now that are very complex very Multifaceted some of it has to do with estate planning and living trust and you know Putting the pieces in place the final pieces I might add the will is complete But to acquire some real estate most of the accounts that I have are all done I have about 20 accounts each of them have their own personality Ask yourself. Are you one of those people that have a 401k a Roth a savings and a checking account? Is that good enough for you? It could be it could very well be For me in my dynamic application. I typically try to cover the entire landscape I'm a value investor at heart Engaging in passive income with the bulk of my wealth I do some dividend growth investing as well And I also do some speculation and I'm going to leave you with a micro cap pick that I've been Graciously introduced to over the past couple days I will be releasing Content on that on Monday evening. So you're going to want to stay tuned for that I would only ask that For those subscribers that have been with me for a for a long long time support that Because even though I do receive compensation It's one of the very few ways that I receive compensation It kind of puts me at ease for the amount of time that I put on this project And so the support can be rendered but this specific company And I'll mention it now at the top of the live stream So you can actually have this and do your own research is a duro clean technologies I've been introduced to the company It's near and dear to my heart with regard to the amount of plastic that ends up in the environment And if you're one of those people who believe that recycling is real In other words like plastic when you drop it into the recycling bin Actually goes and a hundred percent of that plastic gets recycled You would be with the naive camp that like me In that over 80 percent of plastic actually ends up either in the sea or in landfills Producing that off gas to the environment and if you read Here a duro clean technologies has just partnered with None other than shell oil In their game changer program. They were selected this week and It's going to be a catalyst. I'm not going to promise one way or the other that the stock goes up or down If nothing else 2022 Has proven to any investor out there trying to make sense of the stock market Has proven them wrong and has proven the activity of trying to figure it out futile So i'm not going to sit here and tell you that that is the way to approach this thing What I would do is accept it as an introduction to the company. I've got about 15 hours Total on the due diligence thus far I will be buying a position in it a 10 000 share position nothing crazy Nothing nothing out of the ordinary for me But I put my mouth money where my mouth is and I thought I would share that with you guys Shared it with a few people in my vip community And I hope they appreciate that but stand by for those roles. The ticker symbol is a cthf Very intriguing. It's a chemical company that actually has the ability to break down It was hard to break down polyethylene polypropylene poly xylene chemical products even the contaminated ones Like your tide bottles from proctor and gamble your Tylenol From johnson and johnson all of those products if you just think about in our lives how much we consume plastic It's actually pretty sad That here we are in 2022 and we really have not found out a way to actually take that feedstock and turn it into either a usable oil Or to actually complete the recycling loop And actually bring a product to bear and aduro has done that They have broken through over the last 10 years of r&d research and development They're bringing their product to bear and funny enough I know the story of shell actually moving in a direction of another company And then aduro was selected out of left field basically At the last moment when they actually looked at their testing And the bench testing basically that was done over their product and their Low heat low energy ability to separate the complex molecules in each of those plastic products It's revolutionary. It's a fascinating story There is a press release that was announced within the last Oh 36 hours or so So you're going to want to check that out. It's a one page. It's an easy read But fantastic initiatives toward something that I was extremely naive on and I was like you got to be kidding me We're not actually recycling plastic. I thought we've been doing that for years And and alone behold. It's something that Has really baffled The large producers of plastic for many many years in in their inability now. There is a mandate coming through the pipeline here in 2025 From a global perspective that's going to help those initiatives along But as far as aduro goes They were projecting basically an organic growth path stepping into Building the necessary reactors to actually take those to commercialization and shell has pretty much put Nitro glycerin on that accelerated pace of aduro And it's going to be fantastic to watch its progress going forward. Take a look at the stock Nobody knows that the stock even hardly exists. Half of the company is owned by insiders The the management is fabulous. It's worth taking a look at anyway and throw it on your watch list And monitoring those stories and those are some of the funny things that I throw out And you know social media Is such a wonderful tool For those purposes I don't have to share that stuff with you guys. I've done my due diligence. I'm buying shares myself I share that story with you. Is it right for you? Well, I don't know only you can answer that question But the ability to share a company that you might not have been preppy to just 10 minutes ago Is magic now for a lot of people out there Microcap investing is not the way remember the bulk of my wealth That I have is tied up in the passive income game the gems of the stock market But this was an opportunity that was made Available to me and I always had the opportunity to do the due diligence now the shell news came out of left fields mind you I was bullish on it when I was completed with my due diligence and Pleasantly surprised when I woke up the next morning and saw that they had been selected. So exciting stuff. Anyway Really appreciate you guys joining me. Thanks for the the the leave of absence. It was much needed I appreciate you guys making your way in here And and spending some time with me on a Friday evening. I hope everybody is well I'll be back with you in just a moment Retirement is awesome. And it's funny, you know, you set certain goals for yourself It's really funny too. The first time I met Becky. She's a wonderful subscriber Her and her family have been part of the community here for Now a few years And we've gotten to know each other and what a what a fabulous person Give you a little bit of insight on what may actually help you in what I've actually learned From from Becky in that Becky kind of knew what she wanted And she discloses that here Um, you know, she kind of came to me and said, you know, Ryan, I'm really interested in personal finance I'm very much interested in dividends You know to help get a little bit of supplement later in life and it's like How many other people can resonate with that message? I think it's super important to understand that there is no carbon Copy way of doing this thing. I think people really need to Retool their expectations about what is to be expected In other words, I think the word gets out in the scuttlebud across social media yada yada Hey, Ryan's really good with finances and I am I'm awesome at this Because this is what this is a passion of mine. I love doing it. I would do it for free I just so happen to make a couple pinnys through social media doing this, but I would do it for free I absolutely love it. It's fantastic But what I have evolved to understand is that personal finance in and of itself no matter what I say Needs to be bought in by the individual that's taking on hence the idea of independent investing The misconception out there that if people are to come into money Or they just happen to win this 1.6 billion dollars or 1.2 billion or 1.3 whatever it is That they would be making a sound and prudent decision to go and talk to a financial planner I don't know Maybe a poor example You may actually need an estate planner at that point and a tax accountant and maybe three or four Uh financial wealth managers at that point. Perhaps maybe money well spent as far as that goes But the majority of people don't They don't live in that scenario The majority of people I would presume are probably below the the maximum Roth IRA Contribution caps of 130 thousand dollars per year as a single person, right? Certainly, you know double that up. I think it's 250 as a as a married couple Could I haven't looked at it for a long long time? But you'll understand my my drift here in understanding that You know, I'm not speaking to those people that that already have accumulated wealth I'm actually speaking to those people who Are the most Applicable candidates. They are the ones that need to invest the most Those are the people who need The most coaching Mentoring dare I say help? I we don't need to do that. I'm not here to judge you if you don't want help no problem Hell I want help. You got help to render for me. I'll accept your help. I don't have a pride issue Okay That's the humbling nature of myself and I think a lot of people need to maybe drop a little bit of that pride Drop what it is They think they know about personal finance and what it is that they've got figured out After five minutes of thinking about it in their life and yeah, I'm not good. I got this stuff This is great. This is killer or maybe dropping the misconception a little bit Uh of the barriers that exist within social media, especially youtube and the bad rap that is is earned It's earned You know, I think social media especially youtube and the personal finance niche probably If not, I would say with certainty causes more damage Then it does good Sure. Ah, you being cynical ryan. No, I'm just being truthful. No, I absolutely believe that Um three stocks to buy in a month. Who cares? Doesn't matter if it's not applicable to you Then it does not apply to you and that's it So it's a lot of blah blah hoopla And it comes back to my insistence that people really need to understand what they want out of investing It's the number one question. I ask people it comes to me. I have five grand. What should I do with it? Ryan, I don't know. Why do you want to invest? I don't know. I never thought about that Really? What's your goal for that money? What's your target retirement date? I mean, what are you looking at? I mean, you're 19 years old Are you expecting to live till 69 70 71 72? Maybe you want to retire a little early 55 50 Most of the young kids now are I want to be retired at 23 Okay, all right. Well, you got a little tighter timeline. I don't know if there's a financial product Maybe you should play the lottery if that's what you want to do, right? Because you definitely can now the odds of you succeeding at that very very low, right? odds of you succeeding Following a tried and true program of value investing for your entire life much much higher level of success and dare I might say With a certain Adherence to some governing rules in value investing and long-term passive investing You are a shoe in to win and dare I might say you will win you will Great to see the group in here, man. Very very cool. Get to some comments here There's fine to love and dating you guys are all administrators. You guys can get that stuff out of here if you want to All right, so it's it's a duro a d u r o Clean technologies and the ticker symbol is a cthf. I'll throw it in the comments at the section now cthf So there it is for you Robert. I appreciate that clarity. It's a duro a d u r o clean technologies And you can google it. Uh, check it out current stock price. I think it's trading around 67 percent it's it's taking a little gap up it's actually a very very difficult to JJ's missing the wrench. You got to be kidding me. I thought you had a wrench But you know you got one but Robert doesn't have one so he gets one right now There he is Robert's a moderator for that question very cool stuff You can get rid of the crap in my comment section if you guys want very cool And you're not missing your wrench man. You have one look again but um Yeah, plastic recycling stock it is a cthf a ct in canada. So depending on what you need it is a q board qx or a qb otc So it does have those financial disclosures right at about 40 million in market gap right now It will be in the process of being re-rated right now. The problem is the access to the stock I had a little bit of difficulty buying the stock If you do have td ameritrade fidelity or interactive brokers Those are the three that have been successful in buying the stock. I can't even get it to register with charles schwaab Robinhood no emwin finance. No Weebel no Merrill edge. I spoke to a trading specialist That was an interesting conversation. Let me tell you what oh, we just don't do that for our customers anymore It's like really yeah We'll probably wait until it gets to like five or six dollars and then we'll offer it and like really after it's gone up A thousand percent. That's that's awesome. What a great deal. That is thanks a lot I've been disappointed two times over here on on my good tried and true. I've been with merrill bank of america merrill lynch For many many years two decades now going on over 20 years. I'm a preferred customer with them They've disappointed me the last couple of times I'm really not sure and it really does kind of put fidelity and td ameritrade Right there on the top of the pack if you want to engage in this level of trading you can do so With some relatives success With those two make sure I got that ticker symbol, right? Yes, I do I'll throw it in the screen here for you guys that aren't down on that specific section So you guys can write it down take a look see Expect that i'm going to be probably rolling out some longer term con content on it This week I'll be doing an interview on One of the youtube channel creators that actually broke the story I'll be interviewing him probably wednesday or thursday But i'll be doing my own independent profiling of the company on monday I've already done my due diligence. I could do it in my sleep. This company's badass It's it's badass. I'm not i'm not going to sit here in sugarcoat The fact that i'm excited if I wasn't excited I would tell you just throw it away and go move on to the other 10 000 stocks Out there, but it's um, it's pretty cool. It's pretty cool to take a look at and that again was independent of my research Prior to or excuse me. Yeah the the research prior to and then this announcement came and I was like you got to be kidding me So I was able to grab 2100 shares just today I'll probably be grabbing another at least 8 000 shares come monday. I'm just waiting for funding to clear And we'll be entering into the stock We will be long holding the stock until the target date of 20 27. So That's what we've got. I told you guys at the top of the live stream millionaires Would be made now. Let's digress a little bit and talk a little bit about this 2022 market What were the goods and the bads? Sure would have been nice to just sell everything and just stay out of these volatile markets Where would you have been here now let the market up to markets up 22? I don't know where it finished today But it's been on a little bit of a silent spree um interest rates raised by 75 basis points again this week kind of put a roadblock right in the front of What was a fairly momentous market coming into november here at least for the last couple weeks It's been it's been quite good After all is said and done Take a moment and ask yourself. Would you have been better off just selling everything? And leaving yourself out of the stress of the up and the down and the this and the that and this If you're one of those people that said yes You would be wrong Okay Because we come full circle and here we are what is today november 4th, right on the independent investor live stream And i've always contended that investors Do the best job that they possibly can in separating from their money People are too intimate with their money the inflow the outfloor the in it's sick mean like really sickening um I got to have cash in my wallet just case of an emergency really in this country. You're fine You're fine. You're gonna be taken care of if you have plastic. You're fine. Okay. You don't need cash Cash is dirty But I think I really think people are way too intimate with their money in that they over emphasize the impact of Having the paycheck having it come in and being able to Really tangibly see that inflow and especially that outflow Hit the bills like whack-a-mole Ha utilities car payment house payment Ha and it's like karate choppin and you get some sort of like I don't know maybe like enjoyment out of that I'm not sure but You do that habitually every two weeks Year after year after year after year and pretty soon you're a karate master and that's it um You're super super dialed in on the expectation of that inflow You know exactly when you to look at your account and see it hit Yep, there it is right Then the outflow You're very very process oriented and that you pay the utility bill first and I got it and I'm gonna pay that card Loan second and look at that. I only owe 48,662 dollars on that and my god. We're chipping away at it You know that house loan. I just bought this house for 672 thousand dollars and I'm gonna end up paying 2.2 million with this 7.2 interest rate that I got in for but I Pay that bill and it pays it feels good to pay the bill Doesn't matter the lack of Implication of that particular bill. It's just the very nature paying that bill that feels really good but one that kills me the most and I have Family that I love that succumb to this and it's paying the minimum payment on a credit card Seriously the masses do this. I should throw the sheep up here Because before I tell the story honestly, this is going to allow you to have this hit home I want to give the financial institutions interest. Yes, please show me the way show me the way Please what are all these people running for? You wonder how these businesses can exist? Brick and mortar style That's why that's why visa visa Makes more than the entire country of australia It's because people haven't figured out that You're a phenomenal customer the crappier you are with credit. They love you. They hate guys like me Hey, hey guys like me. I think they stopped sending me a credit card statement It was a waste of trees Because I pay multiple payments when I get a little balance. Boom. I scrub it I get a little balance scrub it Get a little bad scrub it Now over here. They're giving me a bunch of free points for my groceries my fuel I buy everything on credit everything If you're smart buy everything on credit everything it's all protected debit card is not protected Credit card is protected every transaction that you have I've seen this play out many many times buy that on credit Buy it on credit. Okay, you're racking up these points over here. It's free money. It's free money Okay, now this is not a financial strategy in and of itself. Okay Make no mistake. Don't sit here and be like, okay, ryan's talking about I can still do my inflow and my outflow My inflow and my outflow as long as I just swipe my credit card over and over again This is awesome. I can retire a millionaire and I'm going to win this 1.2 billion dollar jackpot that's out I'm not saying that. Okay. It is a very very small niche One that I disagree wholeheartedly with uh, mr. Ramsey on In that I do not patronize people. Okay The statistics would show that people are absolutely shit. Ha with credit. They're terrible. Okay So that I do agree with him. Maybe I do give people more credit than they deserve But I refuse to patronize people and suggest that if you're responsible buy everything on credit Okay, pay it off multiple times. I talked to a guy just today a colleague He's got an 820 credit score because he does the same thing as me I was refreshed because I never meet people who do that If you do, please share in the comment section say, yes, I'm a credit card spender I get those free points, but I'm also disciplined in doing so, right? We want to make sure that we're not providing An avenue for people who cannot take on that level of discipline discipline requires mental strength and fortitude to be able to engage in that type of activity by by by doing that but Super super important. All right The do's and don'ts during 2022 The do's that you should have been doing and you've had what now 11 months 10 months to practice this Is buy I've been on a buying spree strategically over the last 2022 About every month. Obviously dollar cost averaging, but I'm not talking about that Dollar cost averaging I do like sleeping and putting on my safety belt. Okay It's the barrier that I want to dissolve away for you folks in understanding that dollar cost averaging Should be something that you have your own If not a textbook definition of for your friends and family and you can blow them out of the water You can be like, well, I think that's a pranks a hell of an investor man They go talk to him about dollar cost averaging this this individual is incredible, right Dollar cost freaking averaging should do it all the time do it every week Do it every two weeks do it every month whatever you can afford What I'm talking about is opportunistically looking at stock market and while everybody else has it chalked up to be like Yeah 2023 you might not want to invest right now because 2023 is going to be horrible It's going to be a recession. Don't invest now. Yeah, just do the opposite Let's do the opposite Imagine yourself With your running gear on running as fast as you can in the opposite direction of that sheep herd That would be kind of fun, huh? Like see if you could make it through And see if you could actually make it through those sheep to the end It's like rugby They get through all the sheep in the opposite direction That's the independent investor crowd. You have to think on your feet. Okay Do what it is that nobody's doing. Okay, and the more people are not doing the more I'm doing right Where there's an equal and opposite reaction, right? In stock market investing while everybody is zigging. I'm traditionally zagging. Okay, it's made all the difference in my life Now I'm not saying falling over tilt to fall into what has been an unfavorable market What I'm doing is looking at markets now and suggesting that at some point in the future We're probably going to look at this time and probably say I wish I would have taken advantage of that In the capacity that ryan was talking about or look back at it and say, hey man, I dollar cost average through that It was hard. It sucked watching my portfolio get down But at least I was buying that and I looked at it pretty opportunistically and said hey, I was doing 100 dollars every week I bumped that up to 100 and a quarter 150 if I was doing, you know bi-monthly schedule I bumped it up from 150 to 250 you get the point, right? Be a little bit more aggressive when people are actually taking their foot off the accelerator. Okay, should have been buying stay the course That's easy. Um, stay calm. That's an interesting I come on and I get fired up because investing fires me up. It's it's it's cool Am I the only one that thinks investing is is fun and it's cool. It's okay. Like I'm I'm Admitting it to a social media audience of thousands and thousands of people I guess I don't know or the few hundred that watch me. I don't care one way or the other I love this stuff. I freaking love it. It's great. I love how infinite of a topic it is It all started with me. I was going to pull my um My small leather bound portfolio. I've talked about this It all kind of started with me In my ability to finally find organization Um in my application and I found it in my late teens Around 18 19. I bought this. I still have it today I still have it And that was really the help in the right direction In starting to organize my life. There was a slot for the checking There was a slot for the cash There was a slot for the credit cards boom boom boom when the credit cards would become deficient I would pull them out I would upgrade them and they would go in that slot boom boom boom and I've built up You know over time to where now I I have American Express platinum You can't get any better than that. Okay. I have a little help from my job with that But you get my drift. I can't get any better than that. I'm awesome, but I didn't start there Okay, I started with a sears and robocard Okay, anybody old enough to remember sears and roboc. Yeah, it used to be a thing They used to sell washers and dryers and refrigerators and stuff like that It was it was kind of cool to walk through there. They all smelled the same. They all smelled like tractors and china Yeah, they all smelled it was cool. But anyway, yeah sears and roboc, baby. I don't remember that stuff Keep perspective. That's why double down on this message every week. That's why I hate to miss the message But again, I do appreciate the latitude Trust your plan your plan can be very very simple and we address those options for people No matter if you're starting investing at step one All right investing in the market the smp 500 very very best way To to to segue a hundred dollars per week whatever if you're doing a 401k wonderful You already are an investor You're killing it and again. I don't want to patronize people. I want to make investing more common place Amongst those people who need to talk about it more common place They need to they need to understand what works for certain people. I sure what works for people I also share what doesn't work with people Okay, openly. All right And I know people appreciate that transparency still two years out waiting for highly on to turn around and it will It will the the wave of momentum is pushing in the right right direction. Somebody called me He says he says trevor milton is my independent investment advisor Jesus, I don't know. He got really really wealthy off the back. So a lot of people That's a hell of a way to spend your the one shot that you have in life is to rip thousands and thousands of people off I don't know. He said he seems like such a big arrogant asshole that he he would walk the earth and mind and care And there's people out there like that, man Um, I tend to spend the majority of my time not focused on assholes like that There are tens of thousands of people just like that in this world who would step on anybody In their way to get ahead and that's just the that's the truth of it, right? I also believe that the vast majority of people out there are good people I do I don't believe that the world is made up of trevor trevor miltons. I don't I I think He deserves what he has come into him if he has anything coming. He was convicted And and quite frankly, I I hope he enjoys the shower That I could wish nothing best Than than a good soap and shower for that gentleman And I hope he enjoys long showers with the bowls It'd be great Me personally I I like spending time with you guys and I there's a ton of great people in the group here Who are just trying to get ahead day to day they take their daily dose of their 60 minutes I throw down it goes by fast I'm always disappointed when it's over because I could talk for hours I could run a 24 hour live stream and I absolutely will in the future. It's inevitable. It will happen Mark my words. I will run a 24 hour live stream. Nobody else has done it I'll do it because I can and I will it's that simple Okay, because I love the topic and and we we will be there During the downturn you want to make sure that you're not hyper focused on the market That you want to take a break from financial markets. I don't know man pick up a guitar Pick up a physical fitness activity. I don't know get your ass off the couch. Go walk Do something other than stare at the stock market. Okay, hopefully you learned that throughout this deal and then lastly a renewed refocus to make sure that you're looking at your current program Seeing how it actually reacted to the volatility and maybe look for areas of improvement Now what you don't want to do here's the flip side of this. Okay Here's the bad stuff and I think a lot of people they succumb to the bads they do People are inherently weak weak I'm a lot harsher. I'm trying to be above board tonight. I really am But here's what people Cannot they always succumb to the pressure. Okay. They panic They give in to their own emotion, right? That's becoming hyper sensitive and boom They fall on tilt and they're out that this is sucks. This sucks. I'm going to take this $22,000 of wealth and I'm going to go on a big vacation. Hell. I'm going to enjoy this money I've spent three and a half years Building up this 22,000 and I'm going to make an emotional decision to take it all out and I'm going to europe Okay, I am going to have the vacation of a lifetime by god because this is idiotic Watching it vaporize at the whims of the stock markets Big big mistake selling selling is a mistake just take it off the table during the times like this never sell very simple Act emotionally and quite frankly a lot of people do give up. There's a lot of people that are still scarred from downturns of past That basically it would be too much of a mental barrier to step back into financial markets at this particular juncture Because of the scars that exist and you can help that by entering into financial markets in a way that is Aimed or or leveraged toward defense That's why a lot of people when markets are flying off the counter and and the fang stocks You remember that when was the last time you heard fang you have you heard fang in 2000 most of them are down Ship that I think the NASDAQ The triple q's the NASDAQ is down huge. I don't know what the statistics are but Facebook's up down 75 percent from the high and It was all the craze. I still think it's a fabulous company I'm not sure that such a huge paradigm shift within the company was that necessary they kind of Are the optics are such that they've surrendered their core business and that's not the case at all but um, they are investing a ton in the metaverse and I Maybe it'll pay off. Maybe it won't I don't know but it's just one company and You would have never thought this two years ago by the rhetoric that was being out on thrown out on facebook To say we're running toward a cliff and the stock is going to drop 75 Um, really terrible fang. We haven't heard that in 2022. Remember that was all the craze Just buy fang and you'll be fine. There were portfolios on youtube that were Centered around just fang. That's it. That's all they own Mm-hmm. Yeah Interesting enough interesting enough. Let's get to some comments here before we do that I want to suggest that you guys think about a couple things I try to dig deep and think about what is going to help you as a takeaway So here's the takeaways from tonight's live stream Expand your reach if you are one of those Independent investors out there that have checking savings 401k 403 b or An individual Roth IRA account think about the opportunity maybe to open up an additional layer You'd be amazed you may not understand how you're going to react to it But maybe you look at your program. You're like, yeah, it's pretty simple Maybe I do have the ability to start a taxable brokerage account with my spouse. You can do something like that Level up expand your reach That's the key. Okay My what I'm trying to get you to mentally adhere to is never stop expanding your reach That's the end goal. Okay. So I challenge you rhetorically to expand your reach with the idea that you can get where I am in Never stop expanding your reach. Okay Build upon an organized core. I spoke about this a little bit earlier Organization is key and personal finance. You have to really understand. I hate the word budget I hate it people are like sit down with a pen and a paper And write down your expenditures and keep a running tally of how much you buy for the I hate doing that I refuse to do it Refuse to do it But I have certain disciplines that I think are independent to me That help me categorize and I don't spend money. I don't I'm a cheap bastard For you guys that come on every single friday and they're like, god dang ryan. I don't know maybe buy another shirt I don't know your way that will you wear the same shirt? I have my live stream favorites. All right, leave me alone I don't currently have socks. I do that despite the man Okay, I do that to suggest that you can actually talk about personal finance without the compliments of a suit and tie I've always scoffed at that idea. You don't have to Be in some secret society to talk about You don't need to do that. Okay It exists. Okay, I can guarantee there's probably a product in your cupboard That is sold by johnson and johnson. All right. I I I I would almost give you a certainty guarantee. All right but To get some organization the documents the accounts making sure that you're always pushing toward that inevitable Memorialization of your core funding or dare I say your portfolio, but I mean it holistically So eventually it can all move into a potential living trust down the line Okay, that's inevitably what we want to do is we want to make sure Memorialize the holdings and we can actually award that living trust the trust is just an umbrella. That's it It's only as good as the particulars within that trust that make that living trust a core Legacy for your heirs when they take it on and they take on the administrative functions of that particular living trust. Okay Challenge your own specific understanding That's key that kind of goes without saying that be dynamic with your application. I talked about the strategy, you know Um, am I suggesting going and buying cryptocurrency? That's you're on your own there. Okay. Am I suggesting going and buying a duro? But here's the thing you heard me out I'm buying shares myself. You do whatever you want. I don't care. You do whatever you want I share it with you because If I was the recipient of that message and I heard me I would go and I would at least take a look It's free. I'm not going to send you a bill You're not going to pay the bill if I send it anyway. It's free, right? If you made a hundred bucks with it When was the last time you? You know would have been excited about finding a hundred dollars on the sidewalk or going and buying a scratch off ticket At the gas station and you're just overblown away that you won a hundred dollars, you know You've got a pretty good fighting chance of maybe I don't know entering into said stock and maybe having it appreciate Maybe it depreciates and goes away. I don't know then I'm the bad guy I don't know you're on your own with your own financial decisions, but this is the beauty of Social media is that we can kind of talk openly about some of these Ideas that exist out there on the landscape that the press releases public information. It's already been released It's out there And without folks like myself and people who paid it forward to me I wouldn't have been the wiser I wouldn't have been the wiser And now look at you you came into a 60 minute livestream And you've got a nice company to take a look at that's doing very very big things under the radar And that my friends is extremely extremely valuable. Let's get to some comments here guys as we close it out very very cool stuff Paula sad lately. I don't I don't know. I don't know about his disposition. I've been accused of being angry I've been accused of Not responding to him, which I find really interesting. He's never he's never responded to me I've sent him really long Back in the day when I was actually you're very interested. I'm still interested He's always welcome on the channel. He could come on any friday with with no problem And I think he would be pleasantly surprised at my professionalism and my courteous nature I think we would actually have a riveting discussion riveting. Um, I don't think the man is he's not a dumb man He's not. Um, I I never say that about anybody else out there. I respect all people in their opinions I just Can't have a hard time following back and forth and the last quotes that he took from me off at twitter They were responses. Both of them were responses to something else So without the context of the question the very question that I was answering about the 66 under units I wasn't making a statement. I was answering somebody's question And he took it as if it was a standalone statement That's what happens in social media and he's smart enough to understand that But that's the problem that I have is taking stuff to fit the narrative. I I don't I don't understand that man I just don't understand it I I just have a weird feeling that he's frustrated that he can't get like a following on youtube I don't know maybe try not changing the name of your, um, youtube channel every week That might help give people a little bit of consistency. Um, I've been accused of not providing consistency My dividend growth strategy has not changed my passive investing strategy has not changed Ryan, why do you talk about highly on every week because I want to piss off Have you not learned that I do what I want when I want now I want I expect you to take on the same mentality say it it feels good. It's liberating to say such things Say such things do what you want. Okay, if you want to shut me off do it I've had a ton of people unsubscribe from the channel. I think it's amazing It's fantastic if I had a way to track those people I would block them all together from every entering back into the channel Why because what you're getting to see here is an evolution to something incredible I did not come from wealth. I had no head start. I've done all this on my own Okay, and that's what makes what I do special That's what makes it special because if I can share that story with people who are out there and they're Being cut from the same cloth that I was cut from Yeah, the dirt and the mud and the hay in the country, right? Which is I wouldn't have traded it for nothing. Okay, but as far as like what society would suggest is going to be right for me Right go into high school getting a job. You know, dare I get to go to college? You know and actually get a higher education, right? The fact that I'm staring down the amount of wealth that I'm staring down Absolutely qualifies me to sit the chair it absolutely does and I will not apologize for that dropping to say hi appreciate you This is one of my favorite individuals If you do follow me kick over to twitter follow silent alert Andrius and silent alert has a youtube channel out now I really think you should kick over and watch this guy's fantastic Very genuine the community for the most part is pretty genuine We have a few outliers and I get a little crazy sometimes too To go to follow this guy. He's just started to actually upload content I think on his you know on his on his time to A regular job, which is what I enjoy most of the time, you know I just I've got a lot of respect for him I hold him in the highest regard and for me to say that It absolutely carries weight. You want to make sure and support this guy. He's absolutely wonderful Need to get a little bit of validation I think there was a slight breakdown that I reviewed this week from silent alert on these earnings that are upcoming for highly on I have very very very Very low expectations If if they're over 500,000 of revenue for q3 I I will be surprised and I've set my expectations dismally low Therefore I'm going to try to really kind of keep it curtailed this time because I just think we need to chalk up 2023 as a loss and move right on into What I feel is going to be eventually a potential catalyst year for highly on as we Step into a little bit more of a volume production as we step into the back half of 2023, but Silent alert is great man. Fantastic job. And thanks for stopping by my friend. Good stuff Bloody good. Bloody good. He's got another comment. He says lots of content from the discord credit to them. Sure sure Um, and I always throw that content out there Usually when I do the live stream I try to keep the highly on stuff to a dull war Just because I do devote so much of the channel time and there's probably a lot of people out there that You know, they don't care For whatever reason no problem. It's not for everybody But absolutely the discord group is one that I continually shout out as being the single best drop point In addition to the highly on dot com website if you're interested in the story To to kick in there the community is fantastic. You can have banter 24 hours a day seven days a week The discord group is like 7 11. They're one of those businesses that are always always around So if you want to go get yourself a slurpee drop into the discord group, man, they'll be glad to have you It's awesome stuff. Appreciate that. Thank you Anyway, we got less than a minute left It was absolutely fantastic. I had no idea what I was going to talk about tonight But we ended up feeling 60 minutes with a lot of hoopla yippity-yop yaw lippity-dupe. That's what we did tonight Hopefully I said some things that resonated with you that can actually help you If I felt like I was wasting my time and wasn't saying those things from my own personal agenda to drive deep And actually help those people out there that are trying to make sense of financial markets This is the discipline that I feel like is the most prudent and the most necessary To actually have a fighting chance in markets if you succumb to some of the don'ts that I talked about tonight you will fail in investing and Might I suggest that most people fail for this very regard because they lose that mental edge And that's what we're trying to do is sharpen that mental edge on the fastest 60 minutes on youtube guys be well Take it easy. We'll catch you next friday on the independent investor channel live stream Oh