 It's the first live stream 2022 absolutely time to fire up your engines Holiday season is over. Happy new year to each and every one of you guys got a quite a gallery in here this evening for sure My name is Ryan. This is the independent investor channel live stream of doing this on YouTube a few years anyway from an insignificant pocket in the world Just an insignificant retail investor Fighting back on a system that I think I'll just say that I think we're at war I do I think on all fronts. I think I spend a lot of my time thinking about Why I should conform To what society would would deem appropriate for me Keep me in a swim lane. I Don't believe that that's in my best interest And this is where we can come together and talk about some of those things Financial planning institutions is just one of those big things and I've as of late come to the realization that big Corporations and and conglomerates are taken over the real estate market as well. There's no doubt about that Jacking up the price is so high that you know Anybody without a half a million bucks in the bank man can't even enter into a single family home for them and their families to enjoy And and and look to to build some wealth that way They're taken over communities right now and they're renting those back to people So you guys that are homeowners man take take some take some solace in that You know hold on to those assets The whole idea here in discussing empowerment on the independent investor channel is is to discuss that you know the philosophy of investing is so different than Your deliberation on making money and other capacities in other words We we fall in line when we justify getting into our cars at 06 in the morning and driving to work every single day Spend in 10 hours a day at our jobs To be paid a salary to trade that time for money and that is justifiable to you know to to be that means to an end Investing is just not like that. You know in a matter of seconds You can be down hundreds of dollars and you think man alive. This doesn't make any sense here. What am I doing? the investing game is so so different in How we make money and how we justify and deliberate on what is possible when we put capital to risk in in financial markets and Understanding that the fluctuation of those dollars are just part of the gig. I Think what clouds the the issue a lot of the times is that? the very people That should be taking advantage of financial markets are those retail investors with not a lot going for them I shared this last week and I'll share it again This country is drowning in debt Drowning from the federal government all the way down and it's those retail investors in those households That for some reason or another I am I am not a judgmental person, but the facts are the facts Whether it be overspending Whether it be lack of personal spending discipline whether it be the the all too often an all too prevalent Disease that plagues this country of keeping up with the Genesis and always happen to have the next best thing out there Irrespective of whether or not we can afford those expenditures are not is just beyond me and I think it it speaks to how Speaks to perhaps maybe our upbringing Maybe we were brought up in that manner the more you have the more successful you are right I Never want to be judged On on the material things that I've been able to accumulate in my life I say the renderings of the paper pile that I have Or the digital number that I've got in in my bank accounts that I declare openly on the channel Which again, it's faux pas to do that, but I think it speaks for the Masses out there that can see that it's okay for a retail investor at times to break out of the rut and and achieve wealth that is over and above What you would be predestined to achieve if you just fell victim to what society says you need to fall victim to and I gotta be honest with you guys man. I I put some highlights here together Last week when I had the live stream with with Kyle and Jason Big thanks to those guys as well. That was that was a lot of fun But I typically can't really get to the points of emphasis because it's a different dynamic when I have visitors on the channel If there is anybody who wants to kick off and kick off the 2022 Season with me, you're welcome to do so. I'll throw an invite in the group I don't have an agenda tonight Except for those highlights and if nobody wants to come on and share 2022 with me the first live stream I will share those intentions with you guys. So I just dropped that in there If you guys want to be a guest on the live stream is certainly can remember I'm coming from a An insignificant Corner of the world. I am just another retail investor out there Nothing special about me. I I don't the project is special. I Just happened to be the facilitator of the project If there's any kudos or or any high fives that need to be rendered for me to say hey Ryan This is cool man. This is Unique in its in its application. I I get what you're striving for because I think all too often, you know, we want to We want to memorialize people and we want to put them on a pedestal and it's something that drives me up the wall And I just don't really care who you are or who you think you are specifically What I'm more interested in is what society seems to forget all the time about individuals That make up, you know, people who work in an honest day-to-day living and are just looking to get ahead The unique qualities the unique skill and tradesmen out there That that are scratching together a life Trying to do better for them and their families then perhaps maybe better than generations But that have come before them And I think there's an element of of real There's real value there And I think you know when somebody comes on to YouTube and says hey, there's a stock market bubble And there's free 350,000 minions that follow that message You cannot tell me that there's productivity that comes out of that. I'm sorry I can memorialize the stock market all day and all night. I can tell you what it is and what it isn't It's putting capital to risk and financial markets with the hope of financial appreciation over time That's what it is. You want to invest or don't invest fine But I'll be damned if I'm going to use the stock market as a pedestal to prop me up and Somehow give you some sort of insight that I don't think anybody has on the market on where and what direction it's going to head okay, and I Think unfortunately in this new realm and perhaps maybe I'm a little too old school Maybe that's where we're evolving to And and and and being woke I guess is is what will be the norm in 20 years In in understanding that maybe too much is too much With regard to the access to information man, and I'll continue to footstomp my beliefs man Because I know there's a lot of people out there that resonate that maybe too much is too much Maybe we do need to focus a little bit more on ourselves and what we can physically do Physically do in the trenches. What is it that I can physically do? I'm not talking about sitting across from a youtuber for 20 minutes and the very contribution that I have to society is hitting the f and like button Okay, I'm talking about physically doing something. Okay. I don't pay attention I disengaged from a lot of news media because it was getting me down and I'm not a I'm not a downed person But it seems like again. I talked about being at war It seems like the powers that be would just have us all realize that everything is hopeless There's no hope in the world stock markets going to zero and you've got certain figureheads out there with huge followings that are Proven right into this those are the very veins that are being exploited right now Because they're powerful with people it plays on people's emotions to let them know that the only Solution and remedy to your stock market involvement is to pull everything out and then and then you'll be fine You'll you'll be back to normal again, right? You'll be okay Because you were called upon with 350,000 other freaking minions on YouTube that tune in to hear a message that is speculation The irony in the in the whole thing is I give it a 50-50 shot of being right and Then those 350,000 minions are going to be like wow, how insightful was that? That's an that's incredible It always amazes me how people fall into this world of followership and can't just for a few seconds lead their own initiative and And and lead their own path just try to get a pen and a paper guys if I showed you my desk Maybe I'm insane. I don't I don't know maybe I'm insane. I mean, I've got scraps I fill up note pads about once a month with notes and just Ideas about what I'm gonna do with the project What direction we're looking to take this project in it keeps me busy. Here's the thing It's directly right in line with what I'm telling you guys. You can do You want to start a YouTube channel? I tell you what man going on 768 some odd videos. I can tell you're looking back It's it's it was something that I did not because I chose to do it. It shows me Now if you can relate with that level of spiritual Calling to put out a YouTube channel it better damn well not be about money I'm telling you you get lucky and make all kinds of money great, but You think my motivation and route for pumping out 768 videos and you know 500 live streams over the course of this channel have anything to do with with money. Hell I would have quit three years ago. I would have quit three years ago but the very root is the power of Understanding man that even though I'm coming from a very unique and maybe insignificant corner of the world and Perhaps maybe in the eyes of society. I am in fact an insignificant voice Insignificant I Will double down and say that if you met me you would understand. I'm just a regular fella I feel like I'm a pretty cool guy to know Most people disappoint the hell out of me. I say it all the time I enjoy you folks because we're like-minded we get to come on and you know Revolve around the topic that we can all kind of understand that Although you can't tame it you can become part of it For the hopes of a better future and I think that's that's really the key I think that's why the message resonates with people I think that's why people can feel like they have some sort of an ownership over this I give somewhat of a permission to say hold on a sec man. I don't have all the answers You don't have to just take your your your your your charge from me You can identify what it is in in your program is going to work for you put that in place for you guys in your program Maybe you want to add a different layer to your program and that's the beauty of it man is stepping a little bit further into that empowerment realm and And looking to kind of fight back a little bit I really think that the stock market outside of real estate and And the stock market itself I think outside of those two income generating streams if you can find a way to find some sort of a side hustle That that is key in this in this hustle because me and my wife were just talking about how it is that even even a few thousand bucks as feudal as as Frugal as we live It's really difficult to get ahead It really is the temptation to spend the temptation to get in in debt Because they give you a nice little piece of plastic that's good at anywhere that you go Anything that you see anything that's gleaming on the shelf Anything that's shining bright and you want to add that to your collection because you get a shot of dopamine for a half hour For making that expenditure whether or not you can afford it or not it is is always looming. It's always there and I I really think the more you can kind of get inside yourself and get to that point of spiritual actualization In your life and understand those things man make the most sense for you Family health yeah wealth to a capacity, but I put it in a box and that's what we talk about all the time But dietary right all those things that freaking matter in this life shit meaning The hell are we doing this for I've met people that are rich and they're unhappy as hell They're angry at everybody. They're angry at themselves. They never took the time to really find out who the hell they were So something to think about man going into 2022 and you think about well the stock market's in a bubble And it's automatically going to burst and everything's going to go to zero I got to be honest with you guys 25 years in investing I've went through a lot of downturns in the market and here we are fighting and the very nature of me being a participant in the market is by nature of The very pedigree that has allowed me to be in this place Talking to you guys and declaring the level of wealth that we have as a retail investor So welcome everybody to the fastest 60 minutes on YouTube man Welcome everybody appreciate seeing everybody. Happy New Year to to be back in just a moment And I don't say it enough on the channel I Appreciate all you guys and your your staunch support of the channel. I'm gonna bring Kyle on for a bit here Let's say hi Get his insights man had him on last week as well. I enjoy the hell out of talking to Kyle He's got a very very Advanced level application on the stock market. I'm just glad to know the guy I'm super stoked to have him in our network of think tanks Home and I can't wait for the day to actually meet this guy in person because I think we're gonna put something together real special Into the future here. What's going on? It's the same old. Yeah, everything's good. You're starting off good, you know Stock markets a little cranky. I I'm a little bit more pulsed in I think on what's going on when I was a lot more tuned in with the news I just don't cover it anymore, man I find myself either engaged in my projects or Something productive with my time and I'm pretty proud of myself in 2021 for kind of making that shift a little bit You know, just just focusing on those things that matter And a lot of people would say well awareness matters man I you know, what are you doing you sticking your head in the sand and being conveniently naive of the world? I pay attention enough to wet to wear To where it satisfies my palate, but I'm good. I won't let it affect me I just I'm laser focused right now, man. So that's where I'm at. What about you? Well first I think you want to write yourself You come on here and you undersell yourself brother, I mean you're champ. You've been around og forever. I love it I ended the year with you some others will start the year with you, man And it's needless to say I I'm dealing with the positive side of it because usually when I get locked down It's just I have more fun just working on projects, but it's been a shit show start to the year, man I mean this pandemic stuff is just like I feel like this is the last her raw where everyone's just gonna get this like Less deadlier version of it because I can't express to you the amount of people in the last week I know that have hope it. I don't know if I had it. I was going through these weird Motions for a few days and it's just it's it's a shit show. It's another shit show right now here in Toronto, especially but but Yeah, man other than that Just getting a fish and baby every year getting a little more efficient. I mean now that I've upgraded the equipment I mean things are easy. It's fun making more videos. It's works doing good You know squeezing a lot of interviews in between. It's been fun, man You're not releasing those interviews I saw Leors interview that you did but you're not you're not releasing your the Interviews that you're doing on your job through the channel, right? You've been pumping out a lot of content So kudos to you man for doing that. You're kind of back to your people. I kind of expect that out of you Like I'm used to it. I mean you're almost on a daily upload schedule and well You I don't know how yeah, I don't know how you're dealing with your job But like I just feel like every conversation that I find interesting is wrong for me not to be uploading to the internet when it's so Easy to do today It's like I don't I think people make it harder than it has to be but I mean you got decent internet You get a decent computer like I can put these videos together in like 20 30 minutes tops So it's sheer the sheer nature of why I don't do daily uploads is because of my time commitment elsewhere That is it I could do daily uploads like that I mean I can crank out content like a machine and you talked about the efficiency piece For any channel creators out there you got to learn your own efficiencies That's part of the key because I talked to some new youtubers and it's like yeah I spent eight hours editing that video and it's like okay Well, it was a phenomenal video that you put out Were there opportunities to streamline that and you look those learnings come at in time and I've got the process down To a point few process improvements, but yeah, I'm with you and I kind of I do expect that out of you man I mean you're you're kind of in the pocket. You've got a great opportunity Make sure you're doing everything you need to do you know, yeah, I'm not perfect by any means But yeah, like you're saying I think people get Pralysis by the analysis when even if it's gonna be cringy content They should just make it cuz like I'm finding a lot of the shit I'm making to be incorrect But like it forces me to like realize where I'm wrong and it's such a good learning curve man It's just like I think people think they have to be this pristine something It's not like I'm getting a lot of news or anything crazy, but just the fact that these people are engaging with it I'm learning new things. I hope they're learning new things and you know the markets getting a little wonky here So I think this is gonna be entertaining here, man. I think it'll be probably one of the more Interesting years over last year when things were just more consistent with big tech and everything to the upside I think this year just because I think the the feds gonna turn on the vacuum cleaner a little heavier than people probably anticipated because I hope the hyperinflation man is just nuts So it's the first time the Fed finally admitted they were wrong. This shit ain't transitory They've been feeding us that bullshit for a whole year post. Yeah, it was really it was really smart. Yeah, you're right So I don't know if the markets are gonna go down if they're gonna flat line I just think the volatility is gonna be I just think it's gonna be interesting I think once we get through the next quarter things will still be good because we're gonna get the Christmas quarter Which I think is gonna be phenomenal for most of these companies But but considering we're kind of in this weird semi lockdown period again Like we were at the beginning of last year and you know, I don't know man I just I feel like this this vibe of wonkiness is about to hit the market in a way that Maybe people might be unprepared for because it's just too used to money man Two years of just money in your pocket free checks and now we're gonna start raising the rates We're gonna start pulling it out. We're gonna the government's gonna stop doing bond purchases and all that bullshit So it's just what happens when you put the brakes on, you know, 40% of the money supply in what a year in a few months Changes things for sure. I kind of felt like in 2021 for me a lot of my Perspective on the markets and and wanting to add a lot to my existing portfolio I just didn't do a lot of that this year, man. I continued dollar cost averaging throughout the year But as far as my appetite to just go aggressive on on evolving different pockets of the portfolio Just wasn't there for me in 2021 I I just stayed the course on a lot of holdings and I was pretty proud of myself for doing that I don't think 2022 is gonna be a whole lot different for me other than just staying the course Looking for other things to keep my mind at bay I mean, I'm up at our five every morning in the gym every single morning I don't miss a morning and I've learned to incorporate that so much in my life that Man, it allows me to be a better applicator and where some people I guess I don't know what the pulse is of people I mean, are people freaking out? Calling the captain for a reason man. I think Sorry, I have evolved. I I appreciate that man I really do but I just I need people to really understand man that I feel what you're saying about the volatility in the market now I'm not I'm not I always say robotic about it, you know, these are hard-earned dollars man I care just as much as the next person, you know, I don't want to see a 50% haircut on my portfolio, you know But what's the alternative? What's the alternative to let's say if the 50% is the worst-case scenario is your solution not to invest? You know that that that's crazy No, I think I think people are going nutty man And I think you're making an amazing point because like I thoroughly enjoy the insanity But I can do it without making ridiculous decisions every day I'm like, I don't it's funny how much I could talk about stocks without actually trading them But I think what you're saying is probably more prevalent to people that should be looking Especially in the inflated market that were in five to ten years out at a minimum And if you leave a time your tenure time horizon, I mean that should suck up all the volatility and someone made a point in our chat group remember what the markets were like in 2018 I mean it was a shit show. We still had Trump in office. There was a lot of you know foreign politics There was a lot of expectation to markets declining and now it's barely a blimp on the radar, right? So it's just a matter of stepping back and doing what you're saying and just trying to focus on things that you enjoy a little Maybe a little more than overanalyzing the market But I I personally enjoy the chaoticness of it But I can enjoy it at a point of emotional enjoyment rather than you know In adding that emotion to my portfolio and making it a serious like oh shit I need to do this this and this all the time and play with it. I Don't do a whole lot man. I've been I've been just taking it easy mostly I don't even think I've sold the stock in like six months or something. It's been a while You truly do exercise of passive income profile And you're a fairly aggressive investor with with how you apply, you know, do you even own an ETF? Yeah, I only I've been adding S&P. I think the S&P makes up 6% it's a decent sized position. I just I Don't know I'm more about analyzing my accounts right now because just the finniqueness of tax-advantaged accounts corporate accounts I'm sitting down with my corporate account on Monday This will be the first time where I actually kind of get a full scope of what the tax implications are on a corporate investment Investing account and just corporate income in general because it's so tax-deduced here in Canada. Yeah Actually, it's real funny man. Got it tonight Ever at the beginning of every every year I kind of just re-go through my financing and just kind of up everything even if I don't plan on using it So like I'm trying to open up a margin account within the corporation Which is a whole another ball game even though I probably won't use the debt But just have option. I think it's more prevalent than just not having it available at all So just stupid things like that, you know, just kind of finalizing stuff up for the beginning of the year was some Yeah, it was one of my strategies for 2021. I ended up jumping on the horse the end of 2021 and reincorporating my company from a partnership to a sole proprietor So although I've had the LLC in place for about four years now Now it's getting real and so we had to reincorporate and There will be a surgical separation of the finances And then and then that'll be the bucket of the inflow and then and then I'll basically pay myself Once a year once a quarter or whatever it is, you know, I I don't do it for that But I want to keep that as drawn down as I possibly can because that's where the liability is is protected That's why you do it That and write offs too, right? Like I feel like the the biggest most underrated aspect of Incorporating a business and even if you're just a small business, you're not even making capital yet Just to have a business defined to the government just allows you to write things off like it's funny because when I'm spending You know, $1900 on an iPhone. I'm only spending $1900 on an iPhone I don't have to make 2200 or 2300 to cover the tax difference on top of that like most people are right Like I think that's where people miss out on like some of the huge advantages Of just even not making a lot of money in a corporation because you could still do tax deductions Which are incredible, right? Think it's um, yeah, it's exciting man. It means a lot to me And yeah all the equipment that's enjoyed and like you said you made some upgrades You got the you bought yourself a Ferrari computer. Good job. Oh, man a computer desk I got a raising desk here. That's all glass. I absolutely love it That's probably the biggest splurge because I know overpaid for that, but I got you know desk lights now We got all kinds of stuff right. I got even pro mics now going on like you man. I'm I'm joining the level of cap marion It looks good. Yeah, everything looks good. It makes it that much more enjoyable to be honest with you Um push through the project. I'm I'm proud of you man I I hate to sound condescending man. I do but I I'm a I'm a fan of watching you guys evolve You know, just like myself. I mean I I hold myself to just the same critical standard As you guys and understanding that that we do we do advocate for a lot of people who Kind of tune into us because I I believe that they sense our genuine Approach, I mean I'm as about as genuine as they come I I sometimes Scoff it some things that I I don't consider very genuine on the landscape Um, maybe I shouldn't do that so much but have an opinion. That's it's entertainment You're you're far too kind to my opinion. I mean feel free to be a little bit more Every now and then I'll catch a that's when my content is actually pretty good That's my most enjoyable when I hit that nerve It's just hard to get in that vein every now and then you know And I especially don't do it when I have a guest when I'm by myself sometimes I I have a you know, I have a nerve and I hit it But I'll hit it a few times in 2022 just like I do I'm emotional about this topic, man And I it I have to sometimes be overly passionate about it So people can understand that this shit is real Like people need to kind of wake up in some capacities I was there at some point in my life where I had to wake up too And figure out that you need to start this as of yesterday Um, there and and the blasé attitude that I get from a lot of people that I even talked to It's like now and I'll get to it or hey, you know, I mean I just talked to a colleague of mine at work It's like man, I got to talk to you man I just think we should sell everything right now and sell and buy back 3000 from here And I'm just like oh my gosh, you know, I the pain it's it's it's just that fallacy of application that Prohibits people from getting to where they need to be um, and it's so much easier To apply if you just buy into the fundamentals of of investing It just makes it so much more difficult because I started probing and was like Yeah, when are you going to get back in the market? How long are you going to wait for it to go down 3000 points? Is it going to go 3000 or is it going to go 2800 and then go back up again? Then you missed your entry and he's like, oh, I never thought about any of that stuff And it's like well, you need to think about these things Don't don't say well, I can just sell now at all time highs and and buy back at some point in the future Because that that is close to impossible to do it's impossible Yeah, it takes time to catch the bug though man Like I was having this conversation with a few people because I mean I don't feel most people want to get in the market and lose money And I feel like we might be heading to a market where that's going to happen And I don't know if people can tolerate that first year Because I joke about it a lot I mean the first time I started investing for the first year in four months I didn't make a dime my account dropped 40 percent and it was just funny How much sticking with it really turned that shit around but most people man Like I look at like my girlfriend for example in that that march 2020 period when she started investing because I basically forced her to She because she started seeing like you know those cap gains and how quick like sometimes money can come That's when that bug kicks in and that's when I think most people really start paying attention but I really feel like You know depending on where they're getting into the market and like it's the same thing with like You know it's with highly honor specs like you leave them down these directions And though to you you have the tolerance To to ride these things through and you have that 10 year time horizon I feel like most people they don't get that instant hit That they don't want to ride it out for the two to three year period that it might take to see a rebound Or like even a five year period where you start seeing the real fruits bear And they don't understand that like the vast majority of people won't lose money if they're in the market for 20 years But they're just like if I don't see something like right away like why am I why am I doing this So it's kind of uh, I feel bad for newer people because they have to Understand that they're losing An insane amount of value from their dollars sitting there anyways like the purchasing power I think if you told this was a hard reality even for investors when I was talking about in my video today I'm like you look at the gains I've had you still have to wipe out six to ten percent for the inflation last year That's where your base return only just begins I'm like this market is rougher than people I think it is they just see the numbers going up and they think that the conclusive answer But they don't look at dollar volatility. They don't look at the cost of goods and stuff going up around them And then you get the people that just sit there like you're saying But don't want to even begin to try and make a return on their money because they're just too scared meanwhile That money's just decaying faster than you could ever imagine, right? Um, it's weird man. It's definitely weird trying to convince people So I try not to I just like talking about my own stuff and arguing with people and getting into baits I try not to uh, I keep trying to do two things stop giving price targets and just talk about what I love Because like putting a price in a date is the stupidest thing you could do if you put a price on something You're fine if you put a date on something and you say it's going to go up Hopefully by this date you're good, but the second you put a price in a date together That's what it'll come against you eventually Yeah, well said Well said You got to be a little careful. I don't know. I don't like because it's so weird man I don't know because I couldn't have looked at some of the companies I hold and said Hey, they were going to do this. I couldn't tell you apple was going to be a three trillion dollar company But what I can't tell you is I still hear the same shit about apple I've held apple apple now for seven years and it doesn't matter every year on the clock Someone's going to come out and say hey, this is too expensive for apple. This is their last like hurrah They're going to slow down and it's like God, I wish I could take that advice seriously But I'm like it could it could be this could be the first year We'll see if it happens But to sit here and you know you've been wrong seven out of well literally 20 out of 20 years Since apple has been like out of the dot-com bubble. It's just been on a tear So I don't know man. It's like you're saying it's got to be passive You got to be patient you got to diversify and you just kind of got to You know have have that that tolerance to just enjoy life outside of that market I don't know. I hope more people start investing. I feel like this might be more sketchy or because of the crypto nfts I feel like we could see some Pretty big pullbacks in those markets if liquidity dries up So I don't know man I I don't know if you watch many of the nft things But they're making cool cats now and all kinds of crypto that can be used in metaverse games where they print more Crypto currency that can be transferred through eth into dollars and like You know, it's really cool. This is probably the coolest thing. I was watching some dude play poker in Decentraland using the Oculus So he's he's in digital the digital crypto real estate in the metaverse playing poker with Crypto currency that can be like just I'm like, yo bro web 3 is here I feel like people that don't understand web 3 and then there's the people that get it and the people that get it are like Just take all my money like they don't realize how far this is already and you know We're early days still but it's it's wildly impressive it You know where this stuff is going and where it is now. I mean I love it in your in your magician days You could garner an audience I don't know why it is the kyle factor every time you come on my live stream I break 100 and every time i'm on here by myself i've got like 60 or 70 patrons So this is the kyle factor 60 70 patrons is what I was going to say you're underwriting yourselves bro by the end of these you're getting like 500 people I mean, that's a that's a I'd be lucky to perform for that kind of audience I think yeah, no, hey, I appreciate that. I you know, please understand I I just I just want to make sure that the true value of what i'm trying to do with my project It reflects what it is. I want it to reflect that's all you know Like you said you alluded to it. You don't give price targets. You don't give dates. You don't There's there's a reason why you've digressed from that kind of stuff because It's not scalable and and it has the potential to maybe cause more damage And that's just not what people that's what people are looking for you and I both know that You know youtube is just a conduit for instant information Well, let's have fun. Let's have some fun then. Let's let's let's give Let's do what we don't want to do here. Let's talk. What are you predicting for this year, man? I mean, what where's your interest at? I mean, I know you you love highly on That's relatively cheap. What are your thoughts on maybe? Crypto, where are you going here? Yeah, so the last two or three I think I think crypto is really going to roll off. It has been for about a month If anybody's noticed it's really rolled off. I mean bitcoin hit that 68 Thousand mark and here it is. It'll it'll get below 40 here pretty quick if not this week So it's it's it's really in A bear. I don't know for not quite it, you know, we're well over 20 percent. So we're there We're in a crypto bear market right now. So Definitely that is a set position in the portfolio in the last two weeks I have noticed a real shift into defensive And so those elements of the portfolio specifics to utilities Have done quite well Real estate continues to to really do well Pockets of financials are doing quite well Speculative growth is absolutely getting annihilated right now You know, I just had Exxon mobile this week for the first time in five years return back to the black for me So oil and energy is on on fire There was a nice development with the Guyana project And map should be able to speak more about that what they initially discovered four or five years ago And have been working that project has expanded. So A lot of tailwinds behind Exxon. So for a four and a half dividend payer I'm continuing to hold a very big position in Exxon mobile and That's been nice. So there are pockets Kimberly Clark You know staples have done quite well. So there's a shift. I think maybe there's that shift now This has happened before from big tech to where the big growth stuff google has rolled off here As of just the last week. This has happened before and I consider them to be head fakes And and and then they come right back again So don't think for a second that this can't be just a you know, another one of those head fakes, but There is obviously some rotation coming out of those and going into some more defensive names It said that the portfolio is pretty set for me with regard to the passive I have not funded the Roth IRAs. I have not in a rush to do that right now I will continue to monitor build the cash fund That was a roundabout way of picking stock. I could definitely do that but um That's kind of where I see the pulse of the market right now is a shift of value and defensive Now it's going to take a little bit if if things start really Accelerating to the upside Then you'll see those catch fire again because I I did I entered back into apple at low 170s Just on a swing. I I sold a big 75 share position um A couple weeks back Entered back into 25 swung traded profit profit boom and then entered back into it here So I'm willing to take it into a further downturn If if the rotation continues as well as the rotation everything is suffering Microsoft has rolled off Salesforce.com has rolled off So there's really no I mean there's a lot of growth stuff that's down 50 kyle. You saw that I mean look at look at uh, look at a firm My goodness a firm was up to 160 now. It's got 80 right now 75 Some 50 percent haircuts on some of these big growth So it's a shame because they're like you're saying like I mean even within more of the spec plays like highly on a lot of the Small caps that the big youtubers are into like they I would reasonably say that they're probably at a much better value than Many of the large caps people are still playing with them But like you're saying man, it's it's it's just what the market's doing It's these cyclical cycles and how long they last is debatable But I'm seeing the same things you're seeing like oil's gonna looks like it's going to continue doing great Bank stocks of the vast majority. I mean almost all the ones I'm having is like Christmas trees every day They're just one will be red and the rest will be all-time highs and then they'll swap out and the other ones will be all-time eyes Uh, a lot of the industrial seem to be doing okay Um, yeah, it's just neat because you can kind of get the sediment right now that the market's kind of fearing this inflation pullback Because again, it's the first time in 10 years. We're gonna see interest rates go up So I just feel like You're seeing that and I feel like it's almost a Ray Dalio situation where you're seeing a lot of the consumer To scratch your Pepsi's your J&J's go up your Clorox's are beginning to rally your Kimberly Clarks I'm more intrigued to be honest by the Chinese sector because I feel like it's strategically Trading at the the deepest discounted value against cash flow and it's just a matter of if I agree If if the political rhetoric slows down a bit Which it looks like it is and the new cycle starts flipping in the better direction Which since Charlie Munger, you know, bought another 300 000 shares of BABA It seems to be positioning the new cycle a little better So I'm just going to keep an eye on it if BABA gets back to that 150 range And it looks like it's starting to break out of that that's slump that we've been in I'm I'm all in it. I just don't want to take a position out of fear Like I said before I'm willing to lose out on 20 30 40 upside so long as I know that there's a higher likelihood of a re a resurgence then rather than you know buy into this Decay that seems to never end. But yeah, I don't know. I love that I love that sector a lot for value But just like you man, I'm sticking to the plan of constantly just buying those good kind of dividend companies facebook Still like my highest conviction this year is probably going to be facebook I own a lot of it now. I think it's the largest position since tesla pulled back So that's that's kind of where my I got to stop buying it. I bought in too much. I think I'm 68 shares or something deep So it's only bad It'd be nice to buy more. It's just it seems so easy to be nice if it it'd be nice if it Encured it's for split for you. That would be yeah Google would be nice if it's split. I wouldn't mind owning a little more google if it dropped I like google a lot. I just I have a harder time wrapping my head around google I feel well I mean their income's pretty straightforward But just I'm using this metaverse stuff and the more I learned about the crypto metaverse stuff and how all this Kind of intertwines and I'm seeing it intertwined and I'm using it as it intertwines And I'm kind of getting a feel for people that are using it. It's I don't know how you can't be bullish on it. It's just like it's just staggering to me almost that I literally hear people that don't use it. They're like, oh, this is first iteration. This isn't like that crazy And it's like have you tried it though? Have you been in it? Have you been like talking to people and joining them in their own metaverses and you know using these cryptos like this is a real interesting Aspect of the internet that's just being underappreciated Largely underappreciated, but the sales are going to show man. I mean oculus number one downloaded app at christmas So let's see what those Sure, you know those quarterly sales look like and then we'll start seeing the in-app purchases perhaps in-app ads we're gonna I swear apple eventually is going to be Putting their foot deeper into the metaverse. I feel like they haven't they're really at manny about it I finally have the back cave where if someone gets out they get they get assassinated With any kind of intelligence because people think apple's done But like I don't know how apple can trade at the valuation it trades out when in the next five years It'll make more than tesla's going to be able to make You know for at least the next five to ten years and I just hear so much bear cases on it I'm like you understand how much cash they're going to have to reinvest into these and they know what's coming They're not dumb like they're obviously working on these these self-driving cars and more than likely these metaverse projects It's just that they have a back cave. They're not like tesla. They're not just going to shout out to the moon Right. I mean they're they're more ip focused clearly Um And I don't know. So it's just I like my big tech still man I just I hope it dips just for newer comers to be able to get better buying opportunities I'm always a you know buy those best balance sheets possible at the best rates, which is why again china's rather appealing but Um, I don't know man. It's it's gonna be fun But I don't want to take up too much of your time here I'm gonna go get ready for ours in the next 15 minutes or so and I just want to stop it and say hi I gotta read your brother. I'll kick over and be in your audience, man I'll be a fan. Kyle. Thanks so much for spending some time and saying hi Open door policy, man independent investor channel, man. You own a piece of this gig really appreciate you brother Oh, gee man. Really uh, happy happy new year's stay safe. I'll catch you a bit. All right Yeah, man later So fantastic, that's what it's all about. You guys got a taste of the network there You know, Kyle's been with me now for a while And um, we're trying to build something special for you guys streamline deliver the product a little bit more aggressively for you a little bit easier to to You know consume I mean shoot you sit on your couch and get a financial piece I don't I don't know if there's a lot of opportunities out there in the mainstream media To be provided information on a topic that I can insist that people need more information on They do It's interesting too because myself and Kyle's application in how we go about wealth building Have fundamental similarities But they are on the surface very very different And the irony is it is both of our strategies work very very well And uh, I think there's something to be taken there in that if you're a brand new investor You could be looking at this and saying man Ryan saying it's okay to define my own path in this gig And it is it absolutely is financial markets are there for you to participate in I do insist that there is some level of of of of fitness Okay, don't think that you're going to invest your ass out of debt Okay, don't think that you're going to continue to be a crazy spending animal And and make the stock market be The supplement to your deficiencies. I've said that many times and I I don't mean to be rude Or I don't mean to be construed as being judgmental But there's a lot of people who need to work on their discipline before they start on a wealth building program for a lot of people out Here they can do both at the same time in my humble opinion And you know couple bucks, you know, there's a lot of surplus wealth out there Where a lot of people will justify a lot of expenditures out there that will not get them anywhere Into their future This is one of those topics that yeah You have the potential to To have your portfolio adjust down in value You can tune into an investor like myself with a lot of years of experience I've been through a lot of drawdowns in the market a lot and This is nothing It's certainly not enough. It seems like every couple weeks I see the bubble title and that was the title of this because I'm picking fun and I am entitled to do that. I I absolutely just don't see value in it So I'm going to comment on it because I think that misleads people and thinking that maybe the world is going the hell in a hand basket And maybe the stock market is going to zero. Look kyle mentioned interest rates going up I've been an advocate for interest rates to go up for many years I think them being artificially low has been Really really detrimental and it's allowed this Little bit of a scenario if you want to call it a bubble you can But but free money has been really the detriment and money should not be free The cost of borrow should always be reflective of what a customer is willing to pay For that for that That capital, okay If you want that free capital that you have two options either you borrow it or you earn it Okay, the idea of earning cash in The capacity that a lot of business owners that a lot of you know corporations need They have to have that flow of capital But the lender has to be compensated as well. I'm gonna tell you what man banks have had a hard go at it For the for the last multiple years And their recessed valuations. I mean a lot of these big banks were trading it You know book and a half two times book And and and they've crawled back out of the gutter wells fargo in point city group is on a dip right now And jp morgan has had a great week this week. Some of these banks are are really coming into For fruition. I think the canadian banks have had about a three or four month head start on this deal as well Because they're on fire. I think they're flirting with about 30 upside here Over the last three months. So they've been on fire But something to kind of monitor. I think once the initial shake out I think it's a sign of strength in the market. I don't think we can continue to loan money for free Just like we've done artificially over the last several years And and although on the onset I do believe that it'll be a systemic shock to the market look That the market doesn't like any change at all any time Jerome pal talks the market doesn't like it no matter what he says, okay Market's gonna become cranky Any type of inject on the status of the pandemic as it sits on any given day Is going to be a a a catalyst in the market one way or the other You notice these larger than average swings in the market from day to day You know one day it's up 400 the next day. It's down 500 It's you never can tell With these mixed numbers that are coming in how to how to really take that and that's just one Strategic inject. I think we're at a an all-time high real estate market. I think that could end up affecting We did just have forbearance roll off at the end of last Fall And I think people are struggling. I think people are struggling more than people want to lead on At least from a macro perspective I I think the businesses are having a hard time finding work And I think people Really are not acknowledging that the free money inflow is not going to last forever And people are going to have to figure out How to to to make that money and I I think Over the over the over the the large perspective I I think it's going to catch up with us and I think there's going to be In 2022 a slight systemic shock before we can get back to normal In in understanding that This is where you want to be with your money There is no other market that you want to be in With regard to you know, where we could be like Kyle mentioned the 10-year plan If you can truly say that and buy into that idea Then then what are you worried about in the short term and right now guys? I'm trying to share with you my perspective on where I currently am in my phase I scour the markets all the time And and I can go off of a cuff and I release those through the channel on where I see pockets of value But here's the thing does it do any good for me to tell you that energy is is is going to continue to outperform in 2022 When the buy point on energy was april of 2021 Actually, you could go all the way back to january was where the probably the sector bottom was Nobody was talking about energy in january of 2021 mark my word. Nobody was talking about it So do you do you start to pile into some of these sectors that have outperformed in 2021 or Do you take a more holistic approach and and pick pick your pick your pockets? A little bit and pick your pockets using that scale that I talk about all the time This is not a time where I'm putting large chunks of capital to work in the market Me personally. I'm just not doing that. I'm saving a lot to cash I'm dollar cost averaging a lot of my accounts man 50 100 bucks that a whack Are continuing to flow into the accounts for sure all good. Good evening till you appreciate you always appreciate you guys Kicking in and enjoying it man. It was a great live stream tonight. I had a lot of fun tonight I'm going to jump in real quick and just cover the portfolios tonight for you guys For you guys that have been kind of to vote and staying with the message all the way to the end And I'm going to do it quick. We were down Kind of across the board It's it's the pulse of the market right now I garner from big tech kind of rolling off some of the industrials in value like 3m and at&t and bowing Lockheed martin is on fire So those three in a row right there for in a row 3m and at&t is coming back nicely Money is big money is flowing into those value plays right now But companies like big tech anything big techie is really rolling off right now You know passive has taken a little bit of hit And I know there's folks that want me to to pulse in on highly on Stand by I'll come out with another cuff coffee mug video on highly on it's going to be devoted to their new product line that they're rolling out While we wait for the ex hybrid and the hyper truck erx We're going to roll out the the exclusive line of merchandise And they're going to roll out a coffee mug. It's going to roll out and it's going to retail for five dollars and 95 cents I've done the math for them on twitter And explain to them that they need to sell 300 million units To to recognize that 1.5 billion of revenue that they promised investors in their investor presentation So i'll be coming out with something like that Just to always challenge the system guys. Look the independent investor channel if there is value And and there is some credence to your enjoyment of the message. It's that my voice Echoes for a lot of other people who may be feeling frustrating and feel like they don't have a voice I provide that voice for you But there we are on that we were down week over week. No big deal The Roth one there's no changes of note in here. I'm excited at some of these holdings They just have really been suffering Sofi it continues to suffer below 15 Um o n l which was the spinoff of realty income. I'm very excited I beefed up on that position And uh chevron is on fire like I mentioned energy. It's just on fire utilities. Excuse me in this account It's the uh retail sector and the v o o Continues to do okay as today was an update in the market. It just didn't feel like it I think you can all agree with that But this is roth one and then roth two here Ali baba kind of made its base sex on mobile back in the black Facebook had had a nice day. It sold off at the end of the day today anyway And um, you know lived to fight another day, but the utilities etf. I'm up eight percent in that So it really just shows kind of a flow into value vig. I'm up about six percent So those two etfs right there kind of indicative of the times. I'm I'm marginally down now in uh royal dutch shell And i'm up in the black and kimberley clark johnson and johnson anything staples Value right now is kind of making a nice little whole run And uh, there's some pretty good inflows into some of those The etf portfolio has come back under 20 So you're gonna make our marks a couple times no big deal We are down week over week the dividend portfolio. This is where the value is is actually up we go over week So go figure. I'm really enjoying this. We just passed our 25,000 Threshold in this next threshold and this is 50 grand. We'll continue to chronicle this It's amazing how I look at this probably every day just from a monitoring perspective And I think man, you know, it doesn't grow very fast But man when I look back two years and see where we started with this You know $2,500 account. It's amazing how you can wealth build Ryan can I do it? Absolutely Anybody can follow along this path whether it takes you longer or shorter amount of time is irrelevant The fact of the matter is you can do it and that's the key Um, it's it's irrelevant to look at it and say well, you did it in two years If I do it in three years. It's somehow a failure. No, you did it The the whole point is that wealth building is absolutely a scalable activity for you guys the bond portfolio continues to do well I fund this up with 50 bucks a week Right, so pretty aggressive on my dollar cost averaging I find that to be the most prudent to move right now with the market volatility And and kind of straying away from new positions and lump some Allotments to this market right here. This is where I'm Putting my pressure and remember you've got different Areas of pressure that you can just push at your leisure look at it like that guys You're the administrator of your program as a self directed investor If I want to push the dca and the build to cash Option in my portfolio a little bit more Then then then what I would do if we were in more of kind of a bullish type of a posture You've got those different avenues right to add to and I'm just monitoring the accounts I've set up a lot of starting positions and a lot of these accounts. This was a new Account this year and super stoked on that. This was the first year. I upped this account to 20% It would take an additional 20% I would need to contribute close to 40% of my pay to max this tsp out For myself. So this would take pretty good fund up and maybe I get there someday. Maybe I I have enough surplus to do that, but I don't have that right now 20% is pretty aggressive Runs at about a $10,000 clip right here per year. That's what it was it closed out 2021 is a $10,000 And then the robin hood with the growth obviously growth is rolled off So this little etf is going to suffer. I really love this etf If you didn't want to buy amazon google facebook tesla individual You could just buy the vug and live to find another day, right? So Kind of a cool option right here. We'll continue to monitor that Here's the mid caps and weeble The the swiss f account. This has come down. I didn't adjust this amount. This is down to about 4200 In globe x. I'm really excited about 2022. We're checking out the prospects of globe x Crypto is just in an in an absolute downward spiral This is I've almost given back all profit. I'm sitting on 300 a profit Which I'm lucky to be sitting on that to be honest with you It's just taking a bloodbath right now, but I'm actually holding true on this. I'm not moving at all This is what it is. I'm not too concerned about it I'm not adding to it. It just is a set amount and it will fluctuate if it goes to zero It goes to zero if it goes to 25,000 it goes to 25,000 In in either case really I I'm not putting any type of metrics on this or any type of Expectation either way. It just is what it is And there's the total 5035 25 here as we've come off week over week With the weakness in the market, that's for sure But that is what it is guys really appreciate you tuning in to the Friday livestream I just want to make sure I'm going to take just a couple of minutes of bonus time here To acknowledge how much I appreciate If I was going to ask anything of the channel, right? I don't There is no payment to come into the channel But there are some opportunities that I make available through the channel and and they are They are vast The independent investor group calm independent investor group calm links on my home page On the independent investor channel are easy to link over to If you like what you hear make no mistake, man There's a lot of people that are showing interest in those products As well as my patreon group what i've been doing behind the scenes is Absolutely pumping that patreon page full of ad free content and there is some exclusive content on there You get automatic entry into my whatsapp group The cost is negligible. It's just the same as joining my whatsapp group and my viper group the same So I do provide those opportunities To continue the discussion. I've got a really great group of of vipers who are empowered investors Looking to build their own place for themselves in in in their Road to financial security and and we provide those options Those are the two that I want to mention at the end of the stream Just to let folks know that we do Have those opportunities out there and I have a lot of fun, you know engaging in those projects So check those out if you are interested in those We will continue to roll out those projects into 2022 Everything is open to scrutiny But those two I think are the two that I would really like to expand the most And I think they probably have the most staying power on the channel Because um, you know, it allows that direct engagement and we have a lot of good conversations in there It's like having an ace up your sleeve basically of support throw ideas in there It's a it's a non-judgmental space. It's got beginning investors And we've got some seven figure portfolios in there. So It's it's not a place to be judged. It's not a place to You know to to to feel bashful about the starting your journey We were all there at some point And we're all walking an individual path on our own journey to where we're trying to take this thing And so those opportunities are available. So um, thanks again to the group I would ask you guys man continue This level of engagement man make time to come in and and hang out with us on the independent investor channel On friday nights man nine o'clock is my standard Time of engagement here on the channel. I I enjoy doing it It's it's a few minutes of spiritual health and You know financial literacy and the more focus you can put on this The stronger you'll be in your application The more aware you will be And the stronger of it more stronger of an applicator you'll be for yourself So guys, I appreciate you tuning into the live stream. We'll be back next friday. You bet. We'll keep the streams going into 2022 Welcome everybody. Happy new year to each and every one of you guys really appreciate you being with me And we will catch you next friday on the independent investor channel fastest 60 minutes on youtube guys. Cheers. Take it easy