 $9 trillion. $1.9 trillion stimulus plan is what the house is looking to pass tomorrow through to pass onto the Senate. And as we already know, the political climate has changed since we have the new president, President Biden who replaced President Trump and also with that, that Democrats not control the house, the Senate and the presidency. So getting those stimulus packages, the ones that we struggle with in the past with the, I think $2,000 that was shot down by the house, because when President Trump was in his last year to an office, he controlled the house, but he didn't have the Senate. So it was kind of a little battle back and forth. Now that you have the presidency, the house and the Senate, you have so much power leaning towards the Democratic side. With all that being said, we have, I think this is round three of the stimulus package. As investors, we want to know who's going to profit the most from the stimulus package. That's what we're going to talk about on today's episode. What are the companies standing away to profit the most from the potential stimulus package? I believe this package will get passed, except for one big hiccup that I see along the way that I think must be addressed. And I'm going to give my personal opinion. So y'all stay tuned, y'all stay locked as always. My name is Prince Dax. I'm coming all the way live from a beautiful city and state of Denver, Colorado via the also beautiful state of Haluulu, Hawaii. If you haven't done so already, go ahead and make sure you hit that like, subscribe, comment and share button. Show us some support. Check us out on thingtech.com and also on YouTube and Apple podcasts and wherever else you can get podcasts across the globe. So ladies and gentlemen, first in this episode, we're going to talk about where this $1.9 trillion is coming from and the ways we're going to benefit from it. So I've written it down here because this was a 591 page document. And of course, I didn't have time to go through it all. I did skim through it. If you want to check it out, it's on housebudget.gov. That's where you can check out the entire 591 pages. You can skim over it. I like to look at some things, you know, as you guys and girls, those tune into the show. I like to show everybody factual data, not data that comes from someone else said. I like to get it from the horse's mouth. So you want to get it from the horse's mouth. The 591 pages is on housebudget.gov or what they're proposing to pass on tomorrow, which is Friday. So it's 591 pages, $1.9 trillion in total. This is the biggest hiccup that I see with this bill, not that I disagree with it. I think that America in general as a whole is not ready for it. So one proposal in this to push minimum wage up to $15 on the federal level. I don't know how that will roll out. $15 is great for high cost areas like Hawaii and high cost areas like California, New York, major cities. Those things are very big or whatever. But when you go down to smaller towns outside of Denver, let's say Colorado, outside of Colorado, or some of your rural areas in Mississippi and Alabama and Georgia, things like that, $15 an hour is a good bit of money. Even here in Colorado, that's a nice piece of change. So if you make minimum wage $15, what do you think the people who are already getting $15, what are they going to think? They're going to say, well, hey, I was getting $15 and I'm getting a minimum wage. I want more money. This person wants more money. This person wants more money. I think that can start a bad trend. I think it has to be a better way of doing things, a better way of doing things like that, just putting a $15 limit across the board. Yes, like I said for the first time, like I said earlier, it's great for major areas like Seattle and New York City and LA and San Francisco and major areas. But what about all those rural areas in Nebraska and Wyoming, Montana? If I start a business now, I have to pay somebody. And let's say if I start a little dry cleaning here in Colorado or a little dry cleaning in Georgia and I have to pay all my workers $15 an hour just to answer the phone or just to take orders, that cuts into companies, small businesses, prices, big time. So in a major areas, I can possibly understand. But with the smaller areas, small businesses, I think that's very bad for small businesses. That's my personal opinion. And I think that's going to be a hurdle to get over in the Senate. When it gets over to the Senate, they said to Democrats that already what's their opinion or their opposition to the stimulus package due to that. So what happens with these stimulus packages, people tell you like, hey, it's going to be $1.9 trillion and they load it with a bunch of other stuff on the inside of it. So for prime example, you know, they're like, oh, yeah, we're going to give everybody $1,400 checks, but also in the back end, we want to raise minimum wage, we want to do XYZ, we want to donate money to aliens or whatever the case would be. So it's all type of stuff in that 591-page stimulus political game. Now, the next thing that I agree with unemployment, they're looking to extend unemployment to September. I can see that nobody has a problem with unemployment. They're looking at sending $1,400 to households, $1,400 to households. If you're single, you make under $75,000. They're going off your 2019 or 2020 taxes. If you made under $75,000, you're going to qualify for the $1,400 stimulus package. And also, if you're married and you're under $150,000 combined, you're going to qualify for the stimulus package as well. So right there, you're going to be getting stimulus packages. Nobody are going to be opposing, I think, too much on $1,400 checks. Now, what's going to be different with this one is just $1,400 for every person in the household, for a family of four could receive up to $5,000 or something like that, $6,000. So that's great on any end. No qualms there. The next thing they're looking at doing is a 15% increase in food stamps. I don't know what's the deal with that. Fortunately in my life, my adult life, and even in my childhood, I've never had to be on food stamps. But from my understanding, I thought food stamps, I don't see where the issue came in with a SNAP program or a food stamp program increasing that in the budget. I don't understand where that's coming from, whether they're looking to do that. Well, people opposed to it. I haven't seen people opposing to it in a major way. Now, please excuse my ignorance if there's something going on with the SNAP food stamp program that I'm unaware of. But from my understanding is that you get a set amount of money to buy groceries and an increase. I don't know what's the increase for. I don't know if people got hungrier, people started to starve, coronavirus making you hungry or something, so you need more money or I don't know. But I don't know. So me, I look at that, I don't understand what's the deal with increasing food stamp budgets for people who are already receiving it. But if more people need it, I understand. More people, hey, I lost my job. I need a way to find food or whatever. They're not going to understand that. They're looking to put a lot of money into education systems. They're donating billions of dollars to school states and schools to accommodate them via the coronavirus packages or what's going on. For prime example, if you are in, just if you're a school and you buy you put it in everybody, social distance in everyone, you may need additional staff or you may need bigger classrooms or you may need to spread people out in the distance. So they're giving billions and billions of dollars for people, I don't know, to make red tape, hire additional staff or whatever. So a lot of money is going to be going to schools to get kids back into schools. And they're putting a lot of money to merge the gap, the gap that we had, the gap that we had for people that say who didn't know who haven't gone to school in over a year. So there are a lot of people who have been out of school for over a year. Yes, people have been doing online schooling and virtual schooling. But there's been a big gap there. So they're giving schools a lot of money to be able to, they're allocating them a lot of money to be able to accommodate them for their school. That's going to be, I can understand that. So for prime example for the school, I can understand the school, then they're doing housing aid. I'm not 100% sure of how this housing aid money works. I know the government has done a great job so far, starting March of last year when they put out, I think no Secretary of Treasury put out the forbearances. That's why we haven't seen, we see unemployment rise and be steady. But we haven't seen a lot of people lose houses. We haven't seen foreclosures because of the forbearances. So I think it's a great job what they're doing with the forbearances. Now the sad part, I like to say here live on the air about unemployment that I'm kind of touching into with housing. The sad part about unemployment is I think a lot of those jobs that have gone are not coming back. I think that people are waiting for certain things to come back to normal and not realizing that this is the new normal. Now some things will ramp up. Yes, but I think that people are waiting to, hey, full swing, I'm going to be back into things or whatever. I don't think so. I think that I had a discussion on this in my podcast when we talked about everybody looks at the downside of what COVID did. Let's look at some of the benefits of COVID. What are some of the benefits COVID did? One of the major ones was one, it got rid of menus at majority of restaurants. Those big dinosaur menus that bring to you and every time the restaurant wants to take something off the menu, they had to print new ones, or they wanted to add an item to the menu, they had to print new ones, they put on your table and they got to take it away. They had to have a menu holder. Now they're using QR codes. QR codes have been around for, I don't know, 10 years, almost a decade. So you take your phone, you put your phone over the QR code and boom, there's your menu. If they want to update it, they can just update it online and there you go. They don't have to worry about it. So that's one good thing that we experienced from COVID-19 is that they got away, you know, they got us away from menus. The second good thing about COVID-19 is our ability to get rid of, what else do we get rid of? Home offices, not home offices, but office locations. So there's so many office locations, you know, pre-COVID, everybody had a nine to five, majority of people had a nine to five, went to big old office buildings and we were sitting there for eight hours to nine hours then we would go home. Now people are starting to realize, hey, you know what, you know, we haven't worked in an office in how long, so do we really need to go back to the office? So many people have been working from home, spending more time with their children. Unfortunately, I don't think the education quality is the same. When I'm working from home, I don't really have the time to dedicate, you know, to help my son with school, but I can see where that was a positive, people get to spend more time at home, they don't have to commute back and forth. And I think going into the future, companies are going to, and companies and new companies are really going to look at buying office space. So buying office space, I think it's going to probably be a thing probably to pass. All right. So that's the second thing there with the office space and things like that. The next thing we're going to look at, we saw that COVID did was the positive side was telehealth, the telehealth industry. Look at the telehealth industry. Before, I remember when I used to sit down and schedule a appointment with my doctor, maybe he may have, maybe take a couple of weeks or months and sometimes it could be two months or things like that. But now with telehealth, now I can just pick up the phone, hey, I didn't see my doctor. He calls me back within a week on the phone, we talk, we go over everything, blah, blah, blah. Sometimes we may get on a video live and we may talk and boom, I hang up the phone. That's it. That's it. So this technology has always been here. Now COVID has ushered into these things faster. So telecommunication has grown drastically through these times. So I think, so just look at some of the positive things of COVID as well. But anyway, anyway, what they're talking about in this bill, there's a lot of money being allocated to housing. There's a lot of money being educated to education. There's plenty of money going to be educated to more stimulus checks going out, unemployment. Unfortunately, we're giving people checks. I don't like, you know, giving people checks on a long term basis. I think we should be doing more to create jobs and things like that. Also, I almost forgot this when I have it written down in front of me, business, the small business loans. So the PPP loans will be coming back in full force. So those are things we're going to be looking at as well. So we're going to be looking at full force and that we're going to be looking at full force and housing, education, things like that. Now we're going to get into what everybody's tuned into is what companies stand to benefit from this $1.9 trillion. But you got to think about, ladies and gentlemen, once the Congress and signs off on this and the president signs off on it and what's where for how do they sign off on it? This money is going to go to somebody. Where's it going to go? There's $1.9 trillion that states and governments can apply for and grants. Companies can apply for and grants. Money, they're going to set aside for people. They're going to turn around and take that money. That money is going to go somewhere. So what companies are going to stand in line? So I want you guys and girls, we're going to take a quick break. And I mean, a very quick break. We're going to take a quick break. And we're going to come back from that break. And once we come back from that break, we're going to talk about the companies that stand in line to benefit from the COVID-19 bill. In the beginning of this episode, we talked about the companies. We talked about what was in that bill. We went over a quick synopsis of what was in that bill and my personal take on that. Now after the break, we're going to get into the exact companies that are going to benefit from this bill. We all stay tuned. See you after the break. And we are back here live on Think Tech Hawaii. I'm your host, Prince Dax, the Prince of Investment. If you didn't catch us before the break, we talked about this big massive $1.9 trillion stimulus package that's looking to pass through the house tomorrow. And once it passes through the house, you're going to have to go up with the Senate. Then after the Senate, you're going to have the presidency, which is majority Democrat ran. So I think some form of the house, some form of the house, some form of this bill will be passed here within the next, probably by the end of this month. We talked about what was inside of that. We talked about just do a quick synopsis. It's 591 pages minimum wage to talk about raising minimum wage to $1,500, $1,400 stimulus checks to households under $150 and single people under $75, $75,000 raising unemployment, 15% increase in food stamps, giving a bunch of money to housing people who are struggling for people who are struggling to pay their houses, things like that. I don't know exactly how that's going to be funneled down to people and the education program. Now we're in line to talk about the companies that are going to benefit from this $1.9 trillion stimulus package. So as you guys know, this is not our first rodeo. This is not our second or third. This is our third rodeo right now on the stimulus package or since COVID. And we did this back in 2008. If you recall, when we had the housing market crash, there were several stimulus packages passed by President Bush and President Obama. Now we've had two passed by President Trump. Now here's the first one by President Biden. So this is nothing new. The first thing I want everybody to be wary of, I think you're going to see a massive influx in gold and silver. Every time we have a massive stimulus package, you always see gold and silver going to run. The big reason why you see gold and silver going to run, because when we pass these massive stimulus packages, you got to ask yourself, where is this money coming from? This money is coming from the Federal Reserve who's printing the money, right, backed by the US Treasury say, hey, we'll pay you back later at a low interest rate. And we pushed this money out. Some people believe this would lead into inflation, hyperinflation, things like that, which is fine. But the downside to that is we see so much cash being pumped. This is when you start to see people run to gold and silver and commodities. You might even see a little run in cryptocurrency, which is like a new sector by itself. You see cryptocurrency has been on a massive run here so far, massive up with volatile run, that's what I would like to say. But cryptocurrency has been volatile since its inception, but 20 years ago or something like that. So when you look at cryptocurrencies, you have cryptocurrencies and I can see gold and silver may take off a massive run. I can't really say I don't have a lot of historical data on cryptocurrencies. But in 2021, I believe cryptocurrency are here to stay. And this is why when you have it's in between having individual investors and institutionalized investors. Now, cryptocurrency has ramped up as institutionalized investors. On my podcast, I talked about Square just put $50 million into crypto into Bitcoin back in 2020. Last year, they put in $50 million in their last quarter. You've seen Tesla put $1.5 billion in Bitcoin. You're seeing more corporations are getting involved PayPal and all these people, you know, Square owns Cash App. You're looking at companies like Cash App and Tesla. All these massive billion dollar corporations are putting money behind it. And when you have institutional investors, that's when you hit a whole other level of success. Let's segue here a little bit. Let's talk about it. For a prime example, let's take LeBron James, who's the greatest basketball player at this time, present time. I know people may debate it. Let's say he's one of the top basketball players at this time. Why does he have multi millions of dollars and, you know, has all this access and things like that? Because the platform, he has institutions that are backing him to put him on a major platform to show his talents. It's the same thing when you see as we take that to the investment world, there are people who have ideas and things like that. But until they get that backing, or they get people that wanted two people to believe in them, companies or corporations, it changed everything drastically. Let's look at Netflix. Remember when Netflix very first came out? It was just a thing that was in PlayStation. If you didn't have a PlayStation, you didn't have Netflix. Then it went from PlayStation to Xbox. Then it went to Nintendo Wii. I want to say it probably started from Nintendo Wii. But I'm not sure how it started on which gaming console, but it started out mostly on gaming consoles. Before, you know, before that it had the vending machines, but it started coming to households with gaming console. Then it did something when it got into our smart TVs. So one Samsung and all the major TV makers start to put Netflix chips inside of their Roku and all these companies start to put Netflix inside of our homes and start to come built in. That's institutions that are backing you. So when you got those institutional investors, you see that now Netflix is in a position to have access to homes across the globe. So they have access to homes across the globe via our computers, via our gaming consoles, via our TV. You buy a TV. You pretty much got Netflix and all these other apps that are now built into it. So Netflix is one of the first ones to do it. If Netflix didn't have that access, it couldn't get on that platform. Then yes, great idea. But guess what? It's hard to execute a good idea without having that access. Access, it just made me think about reading one of the shareholders' meetings, shareholders' reports from Coca-Cola. He spoke about accessibility. So it's a lot of people that will probably use a product. People don't have access to it. People are like, hey, I got an order online. I got to wait two or three days. I'll do without it. But if they were in the store and they saw the product, they probably will buy it. So accessibility. So by having the corporations get behind you, you increase your accessibility massively. And I think that's what crypto Bitcoin has done. So I think it is here to stay in some type of capacity. I'm not saying it's a great investment, a bad investment. But I don't think it's an investment at all. I think it's completely speculative. It's just like, hey, I'm going to put money here and see what happens. Because there's no financial data that anyone can look up. Are there 10Qs, 10Q reports, 10K reports? Are we hearing from the CEO? Do I know how they're mining and who they're mining and what issues it could bring? I don't know. So no system I can see that then people are pretty much speculating. So anyway, let's get into it. The first company, Walmart, Dollar General, Walmart, healthcare companies, Pfizer and Gold, Walmart, Dollar Tree. Why do I say Walmart and Dollar Tree? We looked at the food stamps. If they talk about investing food, food stamp, increasing food stamps by 15%, food stamps are not given on a back in the day when I was a kid. You see how these funny looking coupons, they look like coupons, look like funny looking coupons back in the day. You should get a little booklet and you could use them to buy food. Those days are gone. Nowadays, your money is put on a card that only could be used to do certain things the last time I heard. And if that's true, that money can only be spent at places like Walmart and Target and things like that. So those are the hard things about food and things like that. So I think food, Dollar Tree, Dollar General, Dollar Stores would do well. I think a lot of those people that will receive money, they have to spend it on food and things like that. So that's why I think companies like Walmart and Target are going to see massive growth. Now, we look at the housing aid. When you look at the housing aid and the education and things like that, I think we're going to see a mass spending in places like Home Depot and Lowe's. Home Depot and Lowe's. Why? I think people are going to be doing a lot of repairs. People are going to be receiving stimulus checks for a lot of time at home. So people are spending more money. Schools are doing more repairs. When schools start to do repairs, they order supplies. Number one and two suppliers of Home Depot and Lowe's is for corporations and plumbers and people are going to go to install new things to the school to help our schools. So another thing. The next one is common. President Biden started a plan. He had a 20 billion dollar vaccination program. Vaccination program. You just saw President Biden at the Pfizer headquarters talking about the vaccination and how they're going to roll it out to America and help save people or whatever. So these Pfizer's vaccinations are going to be, I think, Pfizer getting behind his vaccination. I know it's another company that they're called Moe. I can't even think of the name right now, but M-O-D-E Ron Motoring. I can't say the name right now. But that's another company. So healthcare, looking at the healthcare space, they put so much money in healthcare to allow people to get healthcare supplies. So healthcare supply companies are going to have a great year. They're going to benefit from this stimulus package, healthcare supply companies, vaccination companies, Walmart, Dollar Tree, and Gold and Silver. For the massive printing, when we do this massive printing, we always see a big hike in spike and running gold. And we always see people start to say, oh, look at gold. Look at gold. Take off and make a nice run. Right when the house or the Senate, all the president signs another massive spending plan. So those are companies I think that's going to be massively, that's going to benefit from this. We're looking at Walmart. I said that again, Walmart, Dollar Tree, Target, and Walmart, Dollar Tree, Target, and Dollar General. Secondly, healthcare supply companies. I can't even think of the symbol right now, H-O-L-G-X. Don't quote me on that. But it's some healthcare supply companies that you can look up. I think they're going to see a massive spending there. Next one is going to be Pfizer. Of course, Pfizer with the vaccination programs. We have massive vaccination programs. And then with this whole $1.9 trillion return on the printing machines again, I think this is going to be massive in the fact that people are going to run to gold because people are going to start to look at things. And the only hiccup I can see is getting caught up in the house. I think it's going to pass tomorrow in the Senate with no problem. I think it's going to run into a hiccup in the house because of that $15 minimum wage. And it's my belief that the $15 minimum wage will increase inflation or will start to push up inflation on a massive level. But for that on a massive level, you're looking at inflation. Why is that? It's simple. Let's say I'm making $15. I think right now the minimum wage in Colorado is like $10. Let's say the person who's working for $15 right now. Let's say if I am a health care worker and I'm making $15 right now. I'm a CNA certified nurses assistant. I'm making $15. Now minimum wage is $15. Now me as a certified nurses assistant, what do you think I want? I want $20, right? Now what do you think the person who was receiving $20, what did they want? Hey, I was an LPN. Why is this a nurse assistant getting what I'm getting? So I want $25. Then a registered nurse is like, Hey, I was the one who was getting $20. I don't want $25. I need $30. So you guys kind of see how that goes up. So if you start off minimum wage at a certain level, if you give the guy who's working the fries at McDonald's $15, what about the person who's working the window and the shift manager and the shift lead things like you got to give them more money as well. You got to get a manager's more money and where's that money is going to come from? You got to ask yourself that question. So guess what? What the company's going to do to compensate? They're going to raise their prices. There's no number going to be the dollar menu at McDonald's is going to be the $2 menu at McDonald's, right? Because they have to compensate. So now I'm making more money, but I'm spending more money at the same time. If I'm a property manager and I have to hire more people and pay more money, I'm going to raise the price. So I believe that that's where I can see a possible hiccup with the $15 on a federal level. I understand there's some places that need the $15, but what about those rural areas where $15 can go a long way? I think we should keep that in mind. So anyway, ladies and gentlemen, that's going to be my time today. I hopefully you guys and girls enjoyed this episode here as we talked about the COVID-19 relief bill that's looking to get passed here by the Senate and how your sub-resident invested some things that we can see. Even though we know the market has been getting slaughtered here the last couple weeks, we keep a clear head, you know, very optimistic bull type investor. So I'm always going to keep looking down the road. But hopefully, ladies and gentlemen, you guys and girls got something out of it. Don't forget to hit that like, subscribe, comment, and share button if you haven't done so already. Also, go ahead and make sure you check us out on all our platforms, social media platforms, and until the next video podcast, cartoon, or whatever else crazy you see me do around the globe, my name is Prince Dykes. Peace. Be safe. I'm out. Thank you.