 Happy Friday to the group here on Friday independent investor channel live stream appreciate each and every one of you guys No, I was just talking to Kyle with passive income behind the scenes here. Just reminded me how special this group is Okay, I don't want everybody to understand. There's not a whole lot you can do about the stock market You know stock market crazy week to week and day to day for me It's been a little bit of a prolonged down trend And I forgot what it was like to actually see stocks go up. So it was a nice reprieve this week anyway But it's just you know One day it's it's up down left right left right be a select start for you guys old Nintendo guys, I just gave you the Super Mario code right to infinity lives, but it's it's been it's been really an interesting ride for you guys and I've had some really interesting dialogue here in preparation for moving up to New York City That's a couple weeks away So I don't know if there will be a slight break I'm going to try to keep the break to a minimum because the project means so much to me and deliver in this product and continuing to provide that consistent drumbeat and and and just Really try to focus on what it is that we need to Stay centered stay grounded around Irrespective of what the market's doing and this is typically where people will come out and say well the bottom's in I was just talking to Kyle behind the scenes It seemed like just at the beginning of this week pre-market Monday before we entered into market action the market pre-market was below 31,000 on the Dow and I was thinking about taking a strategic inject and this week kind of started an upswing here the market closed Above 33 today on the Dow Jones. I think the S&P was up around 42 50 So, you know when when you think that that you're calling the bottom in actually the S&P 41 50 in the Dow 33 2 So where I was looking at it. It's run up 2,200 points So if you think that you're going to be in the market of just being able to be in and out of the market We discussed some of the banter in across to YouTube right now about Suggesting that you should be holding nothing but cash on the side or you should be on the sidelines right now couldn't disagree more Couldn't disagree more and I think it just speaks to how important it is for you to identify what it is from an independent individual and personal basis what it is it's going to make sense out of this gig and It's really during times like this. I think we're a little bit premature to emerge and say that we're in the clear I would have actually liked us to potentially enter into that bear market territory And maybe even a prolonged recession to really shake the the market I think the acceleration of the downturn and I think any anymore in 2022 dare I say that the markets become Much more predictable with the fact that at some point inevitably people understand that study financial markets will pass And so people become that much more opportunistic. They become that much more Hip to the game for a lack of better terms and that you know what this is providing buying opportunity I'm tired of watching these opportunities come and go. I'm gonna buy the market like I've Known to be correct and been proven correct over time And and I think that's what people are doing. I think they're watching financial markets with the lens of not freaking out And continually and steadily buying the markets And I think that is Something that if it's not going to prove out to be a prudent move in the short or medium term It's definitely got the best prospects of of of shaking out down in the long run And a lot of people identifying what their investment time horizon is Uh can can really resonate with idea and just say you know what I'm looking at it in the acute and it's it's it's down I'm gonna come into the eye too and converse with the community here. I want to welcome everybody that's in here But to get a little bit of support and this and that From what? From what? Short-term volatility over what has been a couple months for me It's spurred back Identified on the nose probably last fall for me, but on the charts a little bit further back Kind of spurring back to the beginning of 2021 for me on the charts anyway Where the market really just started to level off? And it really started to cool off and then it really started to kind of go down with fits and spurts into the fall of last year And then the exacerbated selling, uh, which has been perceived to be just the worst year in history of everything And I'm looking at earnings. I just saw cost go come out and beat on the top line at 54 billion in revenues Well above estimates said 2 billion above estimates And it's just like These companies can't continue to put top-end beats in place If we're going to enter into recession in other words these large companies that we've come to know and love and even Rely upon as part of our income stream Right through these dividend renderings in our portfolio if we're going to enter into some sort of a problematic Period in time these could companies need to stop delivering. Okay I go to the mall people are shopping I think consumer sentiment is up I think real estate is starting to slow down a little bit Some statistics that have got me a little bit worried Is the personal savings rate is Very low. It's at a 10 year low right now Which is somewhat problematic And unfortunately even in the face of all the free money that was bestowed upon at least here domestically in the us With regard to pandemic relief Unfortunately did not curb the level of household debt that is being taken on and is at record highs right now Why is that I and and these were some of the criticisms around the potential of effects of Of those payments as they went out to the inflation Which we're finding out right now needs to be curbed and And and so those are the things that i'm i'm looking at but when we're talking about corporate profits and looking at The stock market actually inevitably going to recession This week if nothing else to chalk it up as as a pause You know it was a 25 000 bill to the positive for for me I don't typically look at it Outside of what it is on the surface level in the short term In other words, I don't say well, we're in the clear now As a matter of fact, I would go to the ladder and say I would still continue To monitor financial markets in what has been a very volatile year I mean we we've had a few swings of the market Four-digit swings in the market A lot of exacerbated down days a lot of exacerbated up days today was one of them up We up two and a half percent today On the s&p anyway, so you know that type of volatile markets. I mean it puts people on edge Market participants like myself. I don't get on edge anymore I've asked those dollars to perform in a manner that I've asked those dollars to perform in So it doesn't surprise me when portfolio values fluctuate to the downside Or even fluctuate to the upside. I'm not one of those Investors. I'm not one of those youtubers to come on and say look at me I'm so great. I did this and that because I don't believe that to be true. I don't I think personal greatness in how you can succeed in the stock market Is adhering to some of those tried and true fundamentals in stock market investing? Making them Adhere to your lifestyle Adhere to your own personal style and what you want out of this and and then we're winning the battle, okay? But as far as deeming people Eligible to have all the answers in the stock market It is is futile in other words Who would have said that if this market does continue up and we enter into summer time and fall time and holiday season We actually end the year at a flat or marginally down or marginally up in the market Who would have considered with all the negative sentiment which was pretty bad going into this week? I mean you you had people coming out and just calling for hell and damn nation in in financial markets and everywhere else and Quite honestly when my eyes are open. I don't really see that on the landscape I see companies. I see businesses flourishing I see new technology and innovation coming to the forefront I see in the micro cap market some exciting Prospects for companies that are making money hand over fist. So I'm not sure if I understand Those companies and all major companies are getting a wet towel right now in the markets But there will be diamonds that will emerge from this this this volatility. There will might mark my word And it's times like this where nobody's talking about it that you want to try to identify Those opportunities in the market and and capitalize from them. I mean You've got you've got the pedigree to start looking at it and to revolve around the Idea of being opportunistic in markets is really the discussion. We need to be having As opposed to when are we going into recession ryan? Are we not going into recession ryan? How do I make money? Do I put all my money in cash right now or what do I buy to make money? We don't need to be talking in that in that language. What we need to be looking at is How is the portfolio performing? She ain't selling that okay? You're holding true on your market objectives for those holdings that you've put into place Companies that I'm holding deep into the red right now Doesn't bother me a bit. I always want to be an investor in 3m. I love the company And I own it here down big Boeing is a company right here that is of interest to me at 125 dollars a share Mark my word three to five years down the line This will be a blip on the radar and people will reflect back on these times and say man alive Look at that opportunity that we had in the post covid era Where we came out of it and some of these great value stocks that were really really pummeled Were were slapping me right in the face And and I was so gun shy to step into these names and and unfortunately, it's it's I'm not going to tell you It's easy. It's not it's not easy What is a lot easier is to continually fund the market with a set amount Whether it be a hundred hundred and a half two hundred two fifty You know four or five hundred dollars whatever it is that you have to strategically Trickle feed the market and take advantage of the volatility over time that you will look back on And say right on I did it right. I Do presume that there were people that got shook out of this market I do And um, that's really unfortunate because what do you do? Could you imagine sitting on your haunches right now on a pile of cash and and you've watched them You know for the portfolio holders that held true you kind of look at it and you're like man It's about time. I got some reprieve But the fact of the matter is you were in the market To catch that bottom for a lack of better terms you were in When the v was put in now. I'm not saying that we don't go down. You're missing my point My point is you always want to make sure and remain in the market to guarantee yourself that opportunity to when the market does End up stop throwing its fit when the volatility as at maximum That you're still in financial markets because a funny thing will happen when nobody expects it It will do what it is this week and it will turn direction on you guys Appreciate the gallery here. We're going to do portfolio reviews We'll do a quick q&a here as we look to round down our virginia opportunity here over the last couple years Reflecting on what has been great Advancement of the project I'm very satisfied with the progress Very very satisfied with some of the new strategic arms of the channel that we've put through there How we've built up our viper group to a robust community of would be patrons And i'm just proud as can be and i'm i'm super happy looking at the horizon here And the prospects and and some of the new initiatives that we're going to start On our move and once we get settled into to new york so sit back Pour yourself a drink enjoy the the remaining minutes of the past to 60 minutes on youtube Because we're going to revolve around long-term investing And what we do now to position ourselves for a better future and a better tomorrow for ourselves be back in a moment I think one thing that sets me apart from From you know, the rest of the youtube community and hopefully this really resonates with you guys Um kyle's talking about the likes and things like that Um, I want you to be somewhat selfish about this opportunity I really do if you have justified spending time with me on a friday evening That's payment enough for me. It is I am i'm humbled at you providing your time with me. I really am furthermore If if you find that that my message is not clicking with you it doesn't resonate with you Um, i'm not charismatic enough. All right. I don't grab you by the years enough right I don't say the right thing to get your attention. No no problem Because you may be holding me to a specific standard that I can't uphold anyway and I refuse to I I look forward to the friday livestream every single friday I enjoy doing this wholeheartedly and I do it for the people who absolutely appreciate the message because Unlike a lot of what is perceived to be one-way media One-way social media One-way mainstream media in that people are looking to sell you on a lot of different angles of propaganda I'm looking to provide A direct conduit to people and share my testimonial in other words I would do what it is that I do Without the compliments of youtube and I certainly don't need this opportunity at all to Somehow make it. All right. I don't put food on the table with this opportunity. This is a project that Whether it be small or whether it be large I'm extremely proud of Because I think what a lot of people don't see on the live engagement with me Is they don't see a lot of the back behind the scenes um interactions that I have with people people who Admit to me that they don't even comment on my channel But they watch and they watch Intimately because they've self identified that they don't have the knowledge Of of financial markets and awareness and savvy and that they know that I do and I certainly do Uh, I somehow accept it as commonplace for me most of the time Um because I'm I'm wired differently and that's okay. I I just had a lunch with a colleague of mine today at work and Really recognized really set me back because I I thought man alive. I I sometimes think that people have more fire and desire like me um, and I think sometimes I give more credit to people for Having a lot more investment savvy or the need to get ahead and How can you not look at this opportunity in this life and at least want something better for yourself? How can you not I ask that rhetorically, but some people seem to be just fine with getting up and going to work and Making a living and and and and staying healthy. We're we're we're applicable Um, and and they're okay with that and and I'm I'm not judgmental, but for those people out there that Maybe are looking to carve out a little piece and I don't know how to do it a little bit a bit of perspective to be gained on how to make sense of financial markets in a way that will give the masses the chances of winning because Look at it from this perspective guys if you're Not educated on financial markets and you looked at the news What would be the first thing that you would think of? You would think of this is crazy The market's just going down every day and we are entering into a recession Why would I enter into that right now? Why would I? Subject my hard-earned dollars to that Right and I think a lot of people really do go through their day-to-day activity and they've become accustomed to becoming complacent with regard to the laser focus that I insist a lot of people could and should and definitely Could educate themselves up on with regard to their financial savvy Okay, and building wealth And separating the amount of wealth that they've accumulated from their lifestyle I'm not saying sacrifice to where you're starving And you're you're giving up amenities that you demand that you have for yourself I I get it People who come to me all the time and they they give me the whole like well We only live once right and therefore we should just blow everything we have every month I'm looking for a little bit more separation than that. Okay I'm looking for a little bit more. I I think maybe I guess I guess it would be fun I guess I I always talk to my wife and we always talk about wouldn't it be interesting to just take our paycheck We've never done this mind you in 17 years of knowing each other Um of just taking our paycheck and just blowing it all how how that would feel I don't know. We've got about $2,000 a month that goes to uh financial Financial savvy and people would look at it and say well, I'm not interested in that I'm I'm more interested in taking the 2000 and but I think and you are you're you're have to sacrifice 2000 bucks. I could find all kinds of cool stuff to buy Buy all kinds of cool stuff every month, but I choose not to do that I choose to contribute contribute to my program, but um for the for the sheer sake of referring back to the colleague of mine that gave me this insight that A lot of people are consumed to the negative side of zero And they're consumed on the debt side And so they don't even have the opportunity what they need to do is work themselves to the positive side top side of zero Um, he asked me today. He said what's your debt to income ratio Ryan? I said, well, it's zero. It's zero Um, I work as hard as I can to remain on the positive side of zero Now some of my investments are down severely right now On the books. Okay, but the fact of the matter is I have no debt I use credit cards for everything that I buy I get paid every time I do Okay, I have certain investments that make just about as guaranteed of a seven to eight percent clip Then you can possibly muster out with the passive investments I have a certain avenue of investments that make dividend income And those difference to strategic buckets while I'm going and doing my day job And spending my time for the security that is rendered from a paycheck and the prospects of A payoff down the line with a pension My buckets are working And people would look at it and say well, it hasn't been working for you know The last couple months few six months six eight months. You've been crushed Yeah, I make a difference. I wouldn't trade it for anything I've built up For many many years the opportunity to take my portfolio into a downturn and that's really what it is Anytime you look at your portfolio in the acute You're probably going to be disappointed in other words You look at the portfolio at any time over the last come in 2022 You're going to be like, why am I doing this? Why am I doing this? I don't get it. I don't get it But over time it really does become that much more apparent when you are looking at your portfolio progress And and and justifying why it is that you do and that's really really the the nuts and bolts of why You justify establishing your different buckets Okay, and even your savings bucket provides you benefit now It's not going to capital appreciate the way that I would Once your buckets to work for you. Okay, my dividend growth bucket Operates with a little bit different pedigree my passive investing provides me a little bit better a little bit different of Capital appreciation with a little dividend boost, right? So each of them operate in a little different manner and they're going to operate differently at different times of different market Phases. Okay, we're just going through a phase right now And in all honesty, we're going to jump in and do a portfolio review and you guys can be the judge here Um, I I look at this in the acute and I'm like, okay. Yep. It is what it is It really doesn't bother me too much But I think you'll find that When you get these mature portfolios and for a lot of you guys you guys are learning to deal with With losses, I guess for a lack of better terms The learnings that you get from that as long as you handle it Correctly, and I'm not talking about selling out. I'm going to sell out. I'm not going to tell ryan I must I can sneak out of the market because it's down every single day. I'm going to sneak out And and I'm going to get right back in 10 10 lower. I won't tell him. I'm going to come on to the Livestream and I want to admit that I'm I'm a long investor, right? It's tempting, right? I'm going to sell out This is horrible. I'm going to lose everything. This is ridiculous I go to work every single day for a few hundred dollars and I'm losing thousands in the market, you know Sure If you've done it right and you've held true through the markets, which I know a lot of you guys have It's not hard to do. Okay. I just know that It stretches people thin when you're incurring this much volatility and you're having to Watch your portfolio. All right. Kyle gave me an interesting comment He was talking about his better half And and he says she's a better investor than me and the pedigree where it was that she doesn't pay a lot of attention to it And I said, well, there's books written on this philosophy in that You don't always have to be just looking at it. Like, what are you trying to change? You know, it's it's not helping you I can tell you a whole host of Activities that you could do to probably brighten your mood a little bit If you know what I'm talking about live a little. All right Pour yourself a drink, man Reassess re-engage you will come out of this tougher. You absolutely will But here 65 772 on the joint taxable account here. We've held true Down 25 percent down 34 percent on amazon. These these these are down It is what it is. I'm not going to sugarcoat it I'm not going to Boost it up or boost it down. It just is what it is that stock market investing These are companies that I wanted to own for the long for a long long time Well, I had the opportunity with some house money to segue some of those in and we'll wait them out So that's simple And somewhere down the line, whether it be two months three months six Eight 18 24 months down the line I will report to you that we're up on these companies. It's just that simple And I have steadfast commitment to being able to report that I just in the short term report to you that we're down And it's kind of cool because you get a double-sided coin for me Okay, I know a lot of people tune into youtube and they want to know how to do something Okay, in other words like investing is is somehow fixable that I can just tune into any one of the 500 youtube channels and they're just going to tell me exactly what to do to financial riches Without just taking a step back and saying how absurdly assinine that is, you know It doesn't exist. It doesn't exist and my objective on the independent investor channel is to Present both sides of the coin. We look at this investing opportunity holistically And we look at it from the perspective of what can work for you In what capacity in other words depending on your income depending on your willingness to abide by spending discipline What what it is that could work for you? And we provide that segue to the market for all investors anybody can come to my message and be like hold on What is the first thing that I can do as an investor become a passive investor by the s and p 500 It's the number one step into the market that you can possibly do to get yourself that diversified base And a lot of people will look at it and say god dang where I know 400 and $425 for a share of s and p. I don't get it. Why am I doing this? It's the step into a much brighter future for you by participating in those markets You're setting yourself up for a decision down the line To add to a position rather than go from the launching pad of nothing to something big big difference there Getting people to go from that zero and take that leap of faith into financial markets is the biggest key It's not about the one share or the 10 shares of the s and p. It's not about that It's about the commitment to a program and you're buying into that first step of what has been tried and true Proven to work over time my s and p holding right now. I own 52 shares of v. O. Oh It's down six percent It's very very simple very very easy. The vig is down less than that 4 percent so They're acting exactly the way that you would expect them to act as as passive etf investments Is that simple? Here's the rough almost back up to 100 So in such volatile markets not to not too crazy Nothing's changed in this portfolio nothing and we have been crushed with uh small cap growth We have been crushed Palantir has been really really crushed inadvertently ceo at davos. They have a phenomenal Interview it was absolutely foment phenomenal. He was almost laughing at people He's talking about you know the programs that they have are changing the world. They're transforming the world And somehow You know an analyst comes out and says that the stock is not good for this and that or the company should be valued in a different way No, not at all man. He said in three to five years. It's not going to matter anyway, right? So here at palantir at eight dollars a share You know it looks attractive. We're going to continue to hold the name. Sofi same thing No, no he continues to buy the stock. Uh, it's nice to see that from the ceo actually continue to buy Blackrock blackstone in the in the other one that's doing really well black rocks coming back so we're just going to continue to own these here and um, we're going to We're going to continue to allow these stocks to work where we're we're good I haven't done a lot throughout this downturn. And here's the Roth here. You see the spark lines We're up week over week on everything except crypto So you're going to notice a theme their equities were up high and the cryptos continuing to take it on the chin But vpu i'm up 25 percent of my vpu holding huge. That's a utilities etf vig Down i'm off four percent guys who cannot live with being down four percent on vig That continues to pay me a quarterly dividend clip. I'm good to go um, so if I own in both matterports a great, uh, uh company there that, uh I'm really bullish on the future prospects as things kind of step back into a little bit more normalcy in the markets Alibaba probably my number one worst buy Over the last year That's that's been the toughest one because from a value perspective it made sense But from a market perspective it said no, thanks And it and it's crushed us pretty good. So That's my roth there starting to recover a little bit. That's good These portfolios. I just could not be prouder of these smaller portfolios These have done really really well. These have held in And over the last these are within four years old. This one here is three years old Um started this I believe in 2020 2019 on this one. Yep And um, so this is the passive sectors that I invest in Uh, about 23,000 in this so, you know strategic goal get this up to a hundred grand. We'll get there. We'll get there I'm obviously on pace. I'm a quarter of the way there. God dang. I've been doing this two years Shit guys you sit back and you're like and I don't I don't put on a cape Okay, I'm not going to tear open my shirt and show you a big s on it Um, I I I like under armor because it's comfortable, right? Um, it it's comfortable and and I like to come on here and chill with you guys It's just that simple I'm going to chill after I'm done too and I have a drink. It's been an awesome week for me But when I come on and talk about financial markets, this is what it is This is updated real time when I do the live stream for you guys And here's the dividend growth portfolio. This is a hundred holdings covering 11 sectors I've got it split up the same way I think one of my patrons to to the group here emailed me and and shot out to to to kevin Shot out to kevin man for sure kevin's a pseudo name It's no big deal, but I'm glad to do it. He asked me said hey, can you shoot over your portfolio? I said absolutely man That's the power of technology To be able to share this and at least look at look at the way I invest You don't have to invest Hell I would suggest that you don't invest But I give it to you for free and he was kind of he just shot me an email said thanks, right? No, biggie. That's the connectivity beauty of social media now Is that you can share what it is that I'm thinking on breaking down the sectors and putting That appropriate level of focus on each of those sectors energy is up just crazy I'm up 110 percent on my energy slice just stupid insane stupid Conoco philips is my outperformer there of all of all stocks. I never would have thought it Exxon mobile in there chevron. Obviously doing good And then the other energy stuff is doing really good, but I willingly share this all you have to do is just hit me up I cannot share it through affiliate links. So don't click on the one in the description of my videos That's a watered down version of this same portfolio So you could still use the structure and the framework to build the portfolio how you choose But if you want the entire suite of the portfolio, all you have to do is email me I'll fire you over the link. That's no problem at all. But look at this 35 35 thousand Yeah, this was I've chronicled this for the last two years So within three years I've built 55 57 right 57 thousand dollars worth of wealth Yeah wealth building is something guys that if I'm gonna if you're gonna take away the goods from the independent investor channel You will be able to relate with my ability to break down barriers to entry to building wealth Yep I just want you to think about that for a second because it's really really important because I tell you all too often people are their worst enemy They really do everything they can do to to set up barriers and for those people that do Find other things in their life. Um, they just haven't put wealth building as a priority. No, no problem Well, I certainly don't want you to come around and be like, okay. Now. I'm ready to panic Now because of my poor planning and I do call it poor planning. It's it's on you Okay, you can't have your cake and eat it too. All right I know a lot of people with three cars in the driveway. They've got a house note that's 750 and they're broke So no problem. You get to enjoy the lap of luxury. Ben. I'll tip my hat to you. That's great You're living the american dream. Good for you That's great. People like me choose an alternate path. That's why you come in and talk to me Because I I live in an apartment I'm going to declare to you my portfolio value. So I'm obviously not normal You give somebody a one-fifth of my portfolio and they justify going out and buying a $650,000 house Because they've got a hundred grand in the bank and that's somehow a lot of money me It's a means to an end It's one of the 10 building blocks. I need to get to my um eventual goal of of seven figures a mill mill and a half two million to step up into qualified buyer status And really make a splash in real estate. The reason why i'm doing this project is to connect with would be network patrons of mine I could give two shits about a 30 000 subscriber count. I don't care I'm looking to connect with good people and I absolutely do that every single week I put this project out. That's what kyle's like hit the thumbs button What do I get paid if you hit the thumbs button zero waste of my time waste of yours? Hell don't hit the thumbs up button. I could care less. I could care less If you don't want to be here, please leave. I don't want you here Please leave you're wasting your time if you do not see it my way And you don't resonate with the idea of the barriers that i'm trying to Crush for you in letting you know that it's okay It's not as scary as everybody tells you that it is to own equities It's not as scary as everybody tells you that it is to Engage in uh the smp 500 passively It's just not it's not and the institutions have known this for years And now they've known it for years. They want that and they also want real estate So if you haven't woken up, they're coming after your real estate too They want it all They do middle class is getting crushed crushed And there's so many people out there that can't wait to just fall all over themselves to buy a $750,000 mortgage on a property that isn't worth a lick over 400 grand not a lick Not in my world I know because I have a global perspective. I've been abroad I know how cheap you can pick up property in places that are drop dead gorgeous I live in the swamp here in deep chesapeake the genia beach Everybody's like it's so beautiful here. Really it's swamp You want to know beauty go to oregon? Mm-hmm. Mm-hmm. Yeah, I can buy a mountain in in in the country Uh for close to nothing for 500,000. I can buy a mountain in oregon perspective Okay, it's all about what it is that you choose to build for yourself and hopefully we provide you those tools To to be able to put those things in motion I'm providing you a very very specific example of what those tools look like for me vanguard Bond a bond suck really bonds held in a small capacity a little bit of an anchor in my portfolio during this downturn And I plan on actually funding this bond portfolio. It's available in the description. You can click over and check that out too But this is up again week over week Thrift savings plan. They've got maintenance going on thrift savings plan is converting to a new suite of funds on the onset I've looked at it looks like a complete and utter ripoff Okay, so any government workers any military workers in the in the community hear me out I'll say it again because it's worth saying $10,000 minimums and the fees look like they're crazy bad. I'd rather own black rock. Thank you If they're looking to rape people like the rest of the institutions out there And and they're not happy with the passive Index funds that they've provided at a point zero four expense ratio to government workers and military alike Over the last couple decades. I think the tsp rolled out 1982. I believe Yeah, so They've been raking in hundreds of millions if not billions of expense over that time. They're not happy So in response to this they're going to give us an app the app is great The app's going to be free. That's going to be lovely But the managed mutual funds that they're going to roll out I would highly encourage you to do your due diligence do your homework Okay, it's looking like a $10,000 minimum per account. I probably will not be playing ball I will probably be holding true on the s and p 500 the c fund the s fund of the iphone at a 75 15 and 10 clip 75 15 and 10 clip that's a little takeaway for you But I can't update you on this because the fund maintenance is going on as we speak. Okay So this is probably significantly higher than this but um, again, I don't have a week over week update on this For you guys, but if you are eligible for a 401k do it just another layer to your program. I The colleague of mine. He couldn't believe it. I said I've got 20 buckets on my personal side 20 And they're all working. They're all working. They're all down Ryan. You suck. All right Well, we'll see who sucks in 20 years No problem. This is the vanguard's growth 791 up week over week. Here's the weeble mid caps. This is up week over week globe x Excuse me secure partners. We just finished that campaign at least on the independent investor channel You want some cool cool information? There's 76 patrons in the group here 76 hold true. Don't leave. Don't leave I'm going to wait until somebody leaves and then I'm going to give away the goods now people are coming in They're like Ryan's giving away the goods Why don't you do yourself a favor and look at ticker symbol swiss f Do yourself a favor. Okay, if you haven't caught the interview with me and elenki. Either ceo's founder ceo Regulations are changing on the environment and This company is going to do some amazing things with Securing people's data under the swiss laws regulations the swiss servers and the equipment that they're using and the suite of products that they're using The independent investor channel will be transitioning over I can't wait to the day where I can what's up I'm tired of getting the asian girls in what is supposed to be my private group The very private group that i've solicited good people to be part of my viper group here And I have to clean that shit out like swatting the flies That ain't going to happen with this company and I can't wait for the day that I transition over into their suite of secure products Can't wait. I told the ceo. I'm on I'm on board. I would do it now I'm waiting for a couple of additional things In their portfolio of products that they roll out and the independent investor will be segueing into their products And the viper group will go with me. They'll just transition over to that group very very simple But I'm done what's up as a waste. It's it's not uh, I don't like it It's not what I want for private discussions within the group And I feel like I have an obligation to the paid patrons of that group and and so I'll take that on as an expense to the business And we'll provide provide them a secure. We're gonna We're gonna have our swiss private group. I think it's just cool like the old movies man to have a swiss bank account But the swiss have it right with the privacy laws man. They don't bastardize their people They don't they don't rape and molest their data like we do here in the states. It's it's really sad But this is one to watch and I can't say much more about that But um, if you're joining the live stream tonight, I want to make sure that your Minutes are well spent and if you spend your minutes with me I'm going to give away the goods and this is one of many of the goods that I give away on the channel Crypto's taken in the butt. We're out total portfolio here for 58 So come back significantly about a $23,000 bill this week. So not too bad Good there I'm satisfied with the progress. It is what it is and Chock it up as a pretty volatile market in 2022 and This week was a nice reprieve from that. Very very simple. All right. So 458 here. We're doing fine We'll continue to build toward our goals. Very very simple I want to cruise all the way down to the bottom. Here's Andy's got a psp question Andy great to see you my friend That's a funny thumbnail cats and me don't get along That's the face. I seen cats. I just look at them dogs. They love me It's like we speak the same language dogs. They love me cats. They hate me It's like we have opposite personalities but can confirm the new tsp mutual funds or trash With your Dixie high funds. What's great. It's great that you seconded me on that I didn't do due diligence enough. I did I was interested enough to take a look see Uh, and I was really disappointed in what I saw. I thought, you know Why the hell do you guys think I do this this project the independent investor channel? It's us against them It really is And if people only understood How powerful they could be as an individual It's it's insane What we could do together As a group you don't think institutions bond together to just ease into real estate They don't care about overpaying for real estate right now They don't care because they know over time that 20 year investment is going to pay off. They know it It's about as big a guarantee as you can possibly have in the investment world now But the institutions and way of fees assess to the bottom line to would be patrons of An investment product that they say is managed, right? Which is the fallacy in and of itself And and an excuse to charge people an exuberant amount of money. So I'll be staying put I really prefer vanguard products if I would in and those are in my individual accounts my brokerage and individual ross, but I do the tsp, but um, I think the index funds are way or where I'm going to go. Appreciate you coming in my brother Thank you. I appreciate that society. I totally agree And it's to johns in the house man a fellow viper. Great to see you my friend. Thanks for coming in What about what about beers? Um, I'm going to have one after I'm done here I'm going to have a beer. He says what about bears? I don't I don't know man. I'm I don't I don't know what you mean by that. I don't know I'm a bull say hi leon Everybody's like finally. All right, man. Hey, it's up month over month. It's up week over week. Watch out. I'm telling you All right, it's only up from here. It's that simple. Thanks for sharing your life's wisdom Well, that's what it's about Um, clock is ticking for all of us might as well share some of the lessons learned. I've been against the grid and a lot of My Things that I've pursued in life and it's what's carved me out and You know, it's just really interesting. I think people sometimes they look at it From a lens and if I can share with you some of those behind the scenes things about You know, some of the criticisms that I have even even over my own project That's the goods because people I think maybe come on and they don't know me and they're like man Look at this youtube guy. He's just blowing it out. He's got such a huge channel. He's got 30,000 people that come and just meticulously watch as much as everyone I'm like I'm like, well, no, if you knew the truth, there's probably a few devoted. Maybe a thousand five hundred a thousand fifteen hundred I may be undershooting on that but You know what I'm proud of on the message may surprise a lot of people and it It sometimes goes away from what people see on the surface through their own perception of what what what success is or especially what I deem success Because I I was pointing out some of the negatives about being involved in a social media Project like this and I truly meant what I said with regard to coming on every Friday and delivering this message With the consistency that I do I really do enjoy doing it And that's it. Um, if it ever stops being pure like that, uh, I'll stop doing it. I don't see that happening I I really enjoy the project. I enjoy engaging with you guys And I think we're foot stomp in a message that's not commonplace. I don't think it's run of the mill cookie cutter I don't Again, if I saw more personal empowerment and more people Discussing their obligation as an individual to do what it is that they need to do to get ahead For them and maybe even a legacy for their families. Well, then okay Um, he says Oregon. Yay emerald water, man. It's all good It's the umkwa river Absolutely. I was born. I was born right at the bend of the umkwa river. Yes. I was Yes, I was that hadn't hit home for you for sure That tim's in the group. Great to see you tim. It's awesome, man. It's really great I can't give everybody their ample shot outs on the on the live stream, but um And these are these are folks that I've never met in person and Some I've talked to on the phone like tim and and many many others, you know Kyle comes on before the live stream is high and just just a lot of fun Folks that I would have never never met if it hadn't been for the power of social media and just one of those Intangibles that I really enjoy about the project. I really do. Happy friday everyone. Hope everyone's having a great day It was a great week h.m. Investor It was a good one. I really enjoyed it. It was it was fun Yeah, it was good But uh life is good. I'm good no matter what Markets have been pretty terrible for me. I'm waiting for better days and I'll have them I'll have them. I I remain positive no matter what We stay bullish on the markets no matter what ran willing to be some transfer. It's transparent Yeah, I mean I I think that's where the goods are are provided I I want to I want people to understand that um, I'm not perfect I I want people to understand that I make mistakes I want people to understand that as Much experience as I have in the market. Nobody is immune to losses During market conditions like these nobody nobody And it doesn't do anybody any good for me to come on and say hey, I've lost less less than you Or if you if you're doing this bad, um, you should really feel bad about it. No, not at all I I would rather I'd rather try to revolve around what I consider to be the truth of the matter And the truth of the matter is people are probably uncomfortable People are probably going through volatility. Maybe that they haven't experienced before And it's just a different approach. It's a different hat. It's a different application that you need to take on when you buffer And you incur Volatility in financial markets and there's all kinds of cool things you can do productive To help yourself deal with financial markets. There are things you can do intimately within your portfolio That will actually aid and set you up for a better times into the future fund the markets buy and lower Add a certain stock that you've had been looking at for quite some time and now it's finally rolled off Use the ETFs as a barometer of markets if you notice one like I look at ETFs Right now and vpu eric weaver says he loves vpu. This is the utility's etf I look at this etf right now and I don't want to fund it. It's up huge You know I look at those pockets in the market where I look at the dividend appreciation down 4 and I think Those really haven't rolled off all that much Maybe I don't want to fund that but the s&p At the beginning of of last week or the beginning of this week before this monster run up That would have been a time to kind of look at and say maybe I need to buy the total market here Maybe I need to buy the s&p, you know, maybe Do a little inject and and maybe some maybe some growth, you know Amazon google I mean those at the top end really look quite good here and they've been recessed for a while They've really been kind of settling out And it'll be interesting over the next coming years to see where these companies go into the future because I think they have Nothing but a bright future in their future And I think it's going to be fun and I'll be a shareholder in them I've always wanted to own the companies and now I own them And I don't and I don't care that I bought them at maybe an unopportune time to buy them. I don't I don't care about that Uh, you know, can I get down on myself and say god, you know, I wish I would have bought that No, I don't I just don't think like that Just don't think like that And uh, you know, if I was going to buy more I could buy more right here. That's for sure I got rebecca in the house. Hope that someday I'll be able to say these arc funds. I mean Yeah, that's that's a that's a tricky one. That's an area of markets. It's really been clobbered and You know where they were very very hot over the last couple years They've they've really rolled off But I don't think there's a whole lot of places to hide in this market I I think if you're in the market now, uh, you're you're getting you're getting punished for it so But um, this is a pocket of the market that that um is um really kind of taking it on the chin And I I just think we need more conducive markets to some of these Really interesting hyper growth types of opportunities what she's looking at. She's not wrong She's not wrong at all. It's just that the environment right now Is not conducive to these types of names. It's just not and uh The etf is struggling to get its footing here and right rightfully so It's not going to perform in a market like this. Uh, it would stick out like a sore thumb I know everything's taken and on the chin right here and proper's in the house. Great to see you Very cool stuff. Um when the market goes down 900 Margin call. Yep. Yeah, there's been a lot of that a lot of volatility here Kathy, it's great to see you. Hopefully you're still with me on the live live stream It's really great to see you. Thanks for supporting everyone's success and your dedication um Yeah, I guess I I think there's a lot of successful people at least I want to believe that there are I I meet a lot of good good people in my In my interactions with people and You know, it's tragic news this week tragic. I look at it. I I I don't I don't understand I don't understand what's going on because You know those those events they happen and I'm talking about texas. Um those events they happen and I It doesn't speak to the real goodness and people and I know and I want to believe that's out there that's for sure, but um If there's a small spark of motivation and there's a small spark of me providing an example I think all too often Financial literacy. Well, it doesn't come from the schools, right? So One of the cool ways that I feel like and I teach the way I learn I would love to sit across from somebody like myself who It wasn't given money. I'm not a poser. I don't come on to youtube and say well because I've come from money Ha ha ha you should listen to me because I have money. No that that's not the truth I've been in hawk with the irs twice in my life twice have clawed myself out of it I paid for my own college, you know I joined I joined the military on my own accord because I was tired of not having insurance Right people can resonate with that and they're they're like god dang. Are you kidding me? How does this guy have a half a million dollars of net worth and it's like It starts to become more of an idea of what you do mentally As opposed to what is you what it is that you try to do physically day to day It really is when you think man, I'm going to think about becoming a millionaire tomorrow and Ryan says I'm going to make it happen. You guys have to understand I've been thinking about this stuff since I was 15 years old I'm 43. So the vast majority of my life has been consumed By me falling short of my goal But it always has been there Think about how satisfying it's going to be when I eventually make it and I'm on I'm on my way Rule of 72. It's just that I'll be there in seven years. My goal is five right now So we're talking about five short years there down the line and Good things are around the corner for sure and and I I deserve it And I I want to bring as many people as I possibly can on the journey because I tell you it was great to sit with my colleague today and I think I changed his life Not too bad over a poke able Yeah, I think I was brought to that opportunity. I love doing it. It's not You know if I could do the independent investor channel At least the good things that I enjoy like interaction like this and and live streaming Fun stuff like that This isn't work and I never ever want to look at it as such I never want to do this as a means to providing basic Amenities for myself my family. I never want to do that never because it'll lose it'll lose some of the Um, it'll lose some of the secret sauce on the channel that I believe I've built up He said well, you know, what's your goal? How many subscribers do you want to but I don't I've never have thought about that never Um, I would do this channel whether or not I had 5 000 subscribers or 500 or 500 000 I would do it the exact same way Because there's value for the masses whether or not they choose to come in And and electively consume the message every week that I have It's that simple and if it's not for you and you can't render benefit from it No, no problem. Doesn't mean you're a bad or good person It just means that I put my content out there to be consumed by people who appreciate the content That's simple. Um, and I again I I I do it and I will continue to do it Um, the the reciprocation that I get somewhat validates it for me I think it would be a little shallow if I came on and did a live stream and there's only like zero people every week That that's not the case That's not the case people come in and then they seem to really enjoy the message. So I think we're I think we're reaching people and that's the key Softball got moved to last night. So I'm here time in the market is key cheers matt great to see you my friend Thank you so much really appreciate it. We're starting to wind it down. Um, I'm Absolutely, uh split in my thought I've got a lot of priorities come in as I finish up business and Scale back on some of the projects. I've got Multiple things that I've got going on right now that I'm putting on hold Until we get to new york But really just appreciate you guys. I'm going to continue to do the live stream all the way up into the point Well, I have to pull chalks and that'll be fun because The little bit of successes that gathie was talking about Uh, those those are the little pieces of of progress that we're making as a community And I I want to see people stronger I want to see people look at a community much bigger than the individual results that could be rendered what I mean by that is We need to understand that as individuals we have so much more power than we give ourselves credit for Okay, and by exercising that credit by exercising the power of the stock market This is major league stuff here guys There isn't a minor league stock market that you get to practice in okay If you want to go paper trade no problem the portfolio that I declared to you. That's not monopoly money Okay, that that's real. Well, that's real. This is big leagues. Okay Um, I I don't do 4x Um, and I really don't do bitcoin to a certain extent. I don't do a lot of crypto trading That's just me. I choose not to not saying that either one of those are bad or good I'm not saying that but to to to share what it is that I do in my wealth building has been able to garner the results that I've That I've declared to you tonight. Like I said Friday is awesome here 9 to 10. Hey, hey, you know that that's the very lifeblood of the channel right there It certainly is Kevin. I'm thank you. I appreciate it. Enjoy the portfolio You'll enjoy looking over those go to the holdings and you'll get to see the whole renderings What a what a great stock watch list Anyway, and um, you know free of charge the ability to to save that uh, share that information is is key usual suspects Love being in a great company Yeah, for sure. And and and your your success really is the contribution to that community Um, I I want people to give me that feedback loop and let me know like hey I heard you say this and and this is what resonated with me People do it to me all the time and it blows my mind but where I'm like Jesus, I I never would have thought that that is what I said made that impact on somebody never would have thunk it never I don't know and and those are the types of things where I might say something funny or you know talking about cletus You know and and people are like no, it was funny, right? Well, those are forgettable things that I do But some of the things that I say with that really drive home the point of getting people to tangible results Those are the things that really resonate with people on on making people think about Incorporating financial stewardship in their life and Kind of incorporating this as more of a lifestyle type of thing and you know, you're investing Can it can dictate how you spend? It can dictate how you live. It can dictate how you budget It can make you carve that money out Uh before it gets lost to other expenditures. It really can be that holistic Um priority in your life and and I think for a lot of people It is not it is not they look at debt in a box and they think you know what I've got to tackle debt exclusively and I think if you look at this thing as a little bit more holistically you'll understand that dietary fitness Personal actualization, you know, the very fact of supporting a home and providing security for you and the family Providing for and emboldening those certain baseline types of elements or aspects of your life I was explaining to the colleague today if if you're deviating from your your triangle of of of basic necessities And those necessities that really complement a fruitful life for yourself Then you need to get yourself back there. Okay, and I explained it today. I said the mind is weak It's easily influenced and your biggest influence on your mind is yourself And the quicker you can realize that and just mind freak yourself into positive thought all the time You'll know when you're deviating away from that positive thought because you've you've Held yourself to a standard of always looking to improve those processes that you need. No, you need improvement on Identifying what those areas of potential improvement are first and foremost a lot of people have never thought about it I mean I never talked to people who are just dead negative all the time and it's like they're over here It's like what is important to you? And they don't know they don't know I don't know family. I guess it's supposed to be important to me I don't know. Well, isn't important to you. I don't know. Here's a pad and a pencil go write it down. Okay And and it's super important to be focusing in on those things and you know It really does provide that core focus for you that way when you do deviate away from it and life does what it does And kicks you in the teeth or throws a volatile market at you or You know throws temptation out there with regard to your diets or hey, I just want to sleep in I don't want to exercise this morning things like that You've bought into a process so much that it's very very apparent to you when you deviate from That discipline guys. I appreciate tuning in to the live stream tonight. It is the fastest 60 minutes on youtube I'm gonna do a special two hour one of these times because I I miss it But it's nice for me to to get that break. I do absolutely look forward to every second of this project I really do I think it helps it helps me It makes me a better investor. I hope it affects you in the same manner Makes you a better investor and Makes you think about certain things and really helps you sharpen your application because that is the key here And we want to get everybody toward that opportunity Of personal validation for themselves You're not getting validation right now guys You're probably questioning why in the heck you're doing what you're doing. I don't know if this is worth it ryan I just feel like sometimes just throwing in the towel and taking that money that I just lost in the stock market And spending it on things that are going to give me instant gratification upfront It could be one of the biggest mistakes that you ever made And if I could wish upon you this it would be for each and every one of you guys in this community To experience what I've experienced many many times over and that is the sheer validation The sheer validation as to why you hold steadfast on financial markets No matter what no matter what they throw on you be that anomaly Okay, be that minority Be that person who doesn't sell in the face of adversity And you'll be better off for it guys. Thank you so much I really appreciate your time. Have a great great memorial day weekend Be safe Be close to family. We will be back next Friday on the independent investor channel live stream Look forward to it. Take care of each other and we'll catch you next week. Thanks a lot guys