 Gotta welcome everybody a Friday live stream fast to 60 minutes on YouTube. No doubt about it I'd like to welcome everybody to the independent investor channel live stream My name is Ryan one of the original live streamers on YouTube. All right, I say that With full confidence been doing this for a while pushing out this product with a focus Unlike others. No doubt about it. We like to keep the focus on you guys There's probably a lot of new folks of visitors to the channel as well as the devote subscribers who have been with me for eons And eons watch me do my dirt absolutely Because they know that I continually foot stumped and if you are part of this community and you are part of this message Your success is the channel success. Okay? I am an ambassador for retail investors There is no doubt about it. What I do works. I deploy a multi-layer strategy in my wealth building And it works it works In some form or fashion you guys could learn how it is I wealth build by deploying very very simple strategies Think unfortunately a lot of people make this gig a hell of a lot more difficult than it needs to be That's the unfortunate part about it. Okay, if you guys read the description of this video, I get it I'm being a smart ass. There's no doubt. I don't actually mean What what I say in the description I do that to poke a little bit of fun at what I kind of see on the Landscape is that people spend way way too much time Trying to figure the stock market out. I just went through to the comprehensive portfolio review We've got a jam-packed show for you guys and we'll roll out Where we are week over week. I always do that from Friday to Friday Welcome everybody into the message. We are currently running a 50% out off-discount. Okay now I want to give a shot out to proper 19 who gave me a nine dollar and 99 cent tip That's fantastic. That's at least a couple coffees and a donut at Duncan donut. It's a proper 19. Thank you so much, man Big shot out to you. That's fabulous. So nine dollars and 99 cents man that that helped every little bit helps. All right All right, so if you guys want to make your way over to the independent investor group calm That's independent investor group calm There is opportunity there to join my viper group. It's 50% off guys for previous military Members I'm active duty 16 years going here a couple years away from retirement eligibility What the hell I might just tack on an extra 10 and do 30 but because I'm crazy like that And I always learned when I was commercial fishing in Alaska to stick and stay and make it pay guys So I want to welcome everybody jam-packed freaking show tonight You're gonna want to stay tuned for the totality. This might be 60 minutes well devoted to change your change in your life Going forward. All right, so stick around guys At 60 minutes on a Friday evening well spent this time away from my family, okay But this is time well spent as far as I'm concerned Obviously the content put through this week. I just felt like the timing was right I was very encouraged by what was being covered over the landscape over the last couple years I do have an inquiry in with Hylian to run my own Thomas Healy interview. We'll see how that shakes I will continue to be a squeaky wheel on that Because I think delivered from my perspective might go a long way for the subscriber base Hope you guys didn't mind the content rolling through on the Hylian specific stuff I know that's probably brought some new folks to the channel. That's great I hate to disappoint you but the focus of my channel is not Hylian Okay, and I don't think that that should be the focus of the of the masses I don't I think if you really want to engage in a wealth-building strategy for yourself Pay attention. I'll teach you how to layer up. Okay. I'm a blue-collar worker single-income family working on a half a million dollars Very simple. I've been in hawk with the IRS. I've had I've had credit debt Absolutely that we fought out of and succeeded at knocking down Currently my debt-to-income ratio is zero So unlike the 20% in the United States, which is accepted as being normal I beg to differ for each and every one of you guys that don't want to get consumed by the system Maybe take command of your money. It's super super important for you guys to stick around Take a few nuggets. Okay. I give them take them. They're yours Hey, this is this is for you. The last thing I want to have is somebody come on and be entertained by my dry humor And some of the jokes that I sometimes roll out on the off the cuff and you don't get anything out of it That's not the point. Okay. I know I know there's a lot of people who attend YouTube for the entertainment value of it I run my channel a little bit different I'm looking to share a testimonial on what is possible in wealth-building for a blue-collar regular fellow like myself Okay, now if I need to come on here and I need to drink bourbon to prove to you that I'm a regular fella Great if I need to rip a large Loud fart on my live stream. I can do that too, but make no mistake about it I try to run this like it's a but backyard barbecue. Okay, you need to understand that I come on here and share my Story through YouTube and I don't have to I Don't have to I don't do this for a living That's the way that it'll continue to be and when I get those Success stories come back to me. That's all the energy that I need really is We're gonna have junior stock investor at the end of the program here I'll bring him on midstream, but we got a lot of business to attend to and I want to jump in I want to cover some of these questions proper 19. Thank you so much. I really appreciate that support, man Really really awesome stuff. I want to know the top four or so things on your retirement list You plan to do for fun before I give you mine. I want each and every one of you guys To continue to dream and I'd be honest with you man the root of what keeps me grounded What keeps me going are the very dreams that I'm gonna disclose to you guys. Okay? Purpose and this life is huge. What are you striving for? What are you going for? What are you spending your time pursuing are you spending 99% of your time staring at the stock market? Get over it. Okay, if you if you're looking to really define your life by having a million or two or three or five or $20 million portfolio. That's great I would dub you successful in the financial category, but when was the last time you stride tried to strengthen your spiritual side When was the last time you took a stab at health and well-being? When was the last time you hit the gym? Okay, I don't mean to put be judgmental I don't but if it's any indication on how often I go to the gym and I'm the only one there It's probably indicative of some of these other areas that people are seemingly way too busy with all kinds of other stuff In life, but they're not focused on the top five things in chronological order health and well-being Relationships. Yeah. Yeah, if you can get a good life partner I highly encourage you to do that if you can procreate and duplicate yourself like I have you should see my little fella He's a spitting image of me. We're gonna win at soccer tomorrow by God. We're gonna freakin win my daughter my my my my son my family right relationships spiritual Financial for me is number four on the list because I think it fulfills some of those other aspects in life And finally Purpose I know people that have all those but they just don't feel like they have quite the purpose in life Let me get the dividend though goes question here. I have a lot of things, okay, and these are the things I have a list, okay of positive things and I have a list of negative things and that positive list I think of all the time and I disclosed on a couple live streams ago or the last one that my things that make me Depressed or things that make me kind of feel down. Okay. I'm not a robot. I'm a human freakin being things get me down I'm a thinker. I had to catch. I'm not a guru by Tony Robbins Who's my number one influence in this life just love watching that stuff. It really helped me man I was a fucking sobbing mess, right? But here's what keeps me grounded, man. I have aspirations to build a house Absolutely, that's number one number two is to travel and if I can I would love to have the love of my life with me on those travels. I would like to golf Golfing is the greatest game. I've evolved as I get older in appreciating how incredible golf is I want to continue playing guitar. I want to continue to exercise I want to spend time in general with the wife and kids and potentially grant grandkids And if I can spend that time tending to a lot of barbecue and I can spend that time tending to the pool I will become a pool man in my retirement. I just think it'd be cool because it's part of the lifestyle thing, right? I want to finish my book that I have started. I've got about 200 pages Somewhere sitting around my desk. It always stays around me. It's a life project in mind talking about my commercial fishing and living on the boat for all those years And then finally to continue on with this project. This is part of me and you guys are all part of that If you guys ceased to exist and decided that ryan with i2 wasn't for you guys And I wasn't doing my job and inspiring Motivational message and you decided to go elsewhere Well, then the channel would cease to exist because a lot of the heart of the channel beats with you guys I'm just here to facilitate the business, but I really appreciate that. That's very cool Let me jump in we're going to do the portfolio reviews guys very interesting week as far as my stock market pulse I just did a deep dive analysis on my portfolio allocation Uh, I always run through all the sectors. I was able to identify The top five sectors that I need to work on number one technology number two discretionary number three healthcare Number four is financials at number five is telecom services Okay, now there's 32 stocks that I've earmarked and I'm just going to rapid fire shoot a matcha like a machine gun Tonight well, we're going to cover the portfolios here because I've disclosed over the last couple weeks that we have moved Into somewhat of a cash lien position, which is great. It's exactly what I needed to do to recalibrate To restructure the allocation the way that I want Some of the sectors industrials and energy. I'm overweight Energy has just been on fire for me a couple picks out of energy Important to note. I think chevron is number one on my list, but valero Valero is absolutely fabulous. It could take that number one position there Mpc. I'm a hundred percent up up up on across the board in energy Except for my large holdings and royal Dutch shell and exxon mobile respectively And then industrials is a freaking mess. It's it's a mess. Okay So the spec play right now in highly on which unfortunately is categorized as an industrial I look at it more as a yes a quasi industrial play, but with a technology twist to it Unfortunately takes up quite a bit of the lion's share in industrials But I was able to parlay what I considered to be somewhat rich valuations in 3m Lockheed martin. I think is going to above 400. I I wish I didn't Need to sell that but I did I did So I took nice profit and lockheed will continue to monitor it. I could enter it I sold it at 384 Right now it was in the low 370s today. I actually considered Taking a reentry into the stock, but we we just held out because we're so overweight industrials I'm trying to do some portfolio work here to rebalance what we're working with. Okay So like every friday I roll out and just give you guys a week over week on where we are here This is the taxable brokerage account. There's only two holdings. This has been drawn down from about 10 holdings Very cash rich position We're looking to deploy some of that cash in the strategy once I get done going through my deliberation on how I'm going to Re-deploy cash And keep in mind here guys down to the dollar amount. I've got the underweight dollar amount I'm not going to come to the table with technology right now. I'm underweight by about 76,000 Okay, so I've got x number of dollars in the space And in accordance with my aggressive investor profile My portfolio allocation calls for certain said Allocation percentages to those slices Technology 76,000 am I going to be throwing a six 76 thousand dollar bill at this market with the current condition? No, but I've got some pockets of value that I'm looking at facebook on the slight pullback, right? I did exit facebook at 315 here in the low threes, right today Didn't really help me on my thesis that the market was really really hot and really really oversold last week That's why I digressed and pulled some profit back You guys need to understand too if you want to come in and say well ryan, you're trying to time the market you suck Everybody sucks you suck really bad that that's not necessarily true still got well over a quarter million dollars invested in the market But this is a hundred thousand dollar account here. That's basically cash rich Not a whole heck of a lot here. This is where the large position and highly on lies Um in just about 2,500 shares there in the taxable brokerage About 314 shares of at&t. So about a ten thousand dollar bill in at&t. They're just coming off our very nice quarter So very satisfied there and we're gonna we're gonna retool this trust me guys I don't do this to invest in cash. Okay. I do this to realize the opportunity cost of said cash And look to re-rack Reassess and then redeploy that's kind of kind of a strategy and I go through this every now and then Here's the Roth IRA number one Obviously very very cash rich 6040 blend in here JP Morgan Chase financials is one of those top five sectors that I need to work on Financials is tough either. I add more to JP Morgan, which I'm not very excited about or adding to bank of america Which is overvalued and adding to black rock, which I feel is probably the best of the space Or branching out into the insurers with either aflac or allstate which I've shown up on my screeners as Two of the 32 stocks that kind of came up on Where I could seek exposure to fill up the financial sector But as the rest of it plays out here, I do have a nice position and highly on as well in here And then the sofai SPAC and the warrants as well We're going to convert those and we're just going to hold those long Okay Wells Fargo couldn't be happier Realty income core couldn't be happier So the performance there really carry in us along And I think you're going to find that when we get to the bottom line here You're going to see that the that the performance in the total overall portfolio Is whipping some ass it's whipping some ass for doing well. Yep Rock the IRA to here we go For you guys that are new to the channel and you're reviewing these portfolios with me Please understand that each of the the two that I've just declared to you started with $1,500 back in I started these when I came into military service. So it would have been in Yeah, it would have been 2006 ish Yep Yep So you can see the power of money and and for a lot of you guys who might say man alive, you know, that's 16 years ago. That's not that long ago. No, it's not. It's fantastic to show you what's what's possible So we got some large cap growth here with crowd strike and salesforce.com Apple I will probably just go ahead and double this position up It's the best named came up in all my screeners Good to go there IBM surprise great quarter. Um, hey, we're five years late on that call Or premature I've been saying that for a long time The value's just been screaming to pick up the four percent yield to boot But um, hey, it's stock market investing man. Nobody's Nobody's got this thing licked But uh, yeah, I've got a nice position in IBM and we're finally back in the black on that. So Good to go there And I provide the little spark line there to show you guys whether or not we're up week over week Or down So all of the accounts are up except for the thrift savings plan, which I think we're up in that as well However, um, it didn't have a chance to recalibrate before I roll the calcs out to you guys Okay Here's the passive portfolio. This is just another layer So in each of these you can see here where it starts with technology and healthcare and financials and on down the line, right? so Basically, I take that sector amount and I use that in the calculation that I use for the total portfolio To take that off of the recommended Allocation to the sector if you guys need to rewind that and play it back You totally can but that I do use this and I factor in the fact that The um, this goes toward Uh, the recommended allocation to let's say financials industrials materials, etc And this actually draws some of my sector exposure for where my portfolio waiting should be In line with what is recommended for my specific investor Uh, stress a style, you know my investor profile and what it calls for okay So I do use that and then this is the second dim one finance. We roll these out in much more detail Links are provided in all my videos. You guys can kick in there and take a look see for yourself The 71 holdings 10 sectors I also take each of those 10 sectors like technology Healthcare and if you start to really sit back and internalize why I do what I do I just showed you the vanguard passive aspect This is the passive dividend growth section, right? So each of these strategic accounts different accounts Completely different strategy, but play into the portfolio hole Okay, so these are single stock dividend payers and m1 finance and it's performed very very well very very satisfied Here's the tsp. It just it marked that it dropped below 50. That's not right This is taking into account yesterday's dip on the capital gains tax that was rolled out by the biden administration And the market took a little took a little disliking to that and for a short amount of time It went down. We've made up all those gains today and I believe then some a flirt with all-time highs today But it just didn't recalculate. I'm I'm just quite certain we're well above The $50,000 mark on the tsp here very very quickly on the options Here these have held true Cash secured puts on bank of america highly on one rolled off It was ripe for the pick and to get put to me and it didn't because of the volatility So um, we'll collect the premium on that good to go. I've got one Call contract sold premium on one contract in the twelves. There's no way that'll cover unless it just goes bananas Which is totally fine, too But um, and then a couple at nines starting in may For the strike so All right, and the total overall portfolio value of 42 751 were up about 10 grand week over week Okay, so last week I told you guys I was just down big I didn't panic. I didn't yolo my portfolio into doggie doggie doggie coin I didn't go out and put everything in high risk investments I didn't consider investing in game stop. Remember at the top of the live stream I said don't try to make this thing more difficult than it needs to be Okay, if you really want to make money in this gig. I don't know take a look at google facebook amazon You know don't outthink this gig. It's not that difficult if you really want to play it a little bit more value in growth Consider the two bigs in financials, right microsoft and apple Excuse me in technology in financials jp morgan will do you just fine? right Lots of really good options out there some dowel components Goldman Sachs has just been on fire. Nobody talks about it And that's one of the 71 offerings in that portfolio that allows me to grab exposure In some of those companies that I really don't I don't want to hold in a larger amount tj max nike Starbucks Uh thermo fisher scientific, right a lot of names like that that I really really like and I want exposure to And I own them in that 71 portfolio and it works really well really well Because I can dollar cost average over the portfolio with as little as 50 bucks So it really really helps a lot. All right, so that's the portfolio review guys I jumped into the comments here man. See who's in the gallery and there's a ton of people man Ryan Giffin is in the house. Maybe congratulations on that new truck man sick sick It's an entrepreneurial mind man. I saw that and I just got a smile on my face because I was like Yeah, this is awesome. We celebrate success on this channel man So if you got a little success to share do not hesitate at all Okay, they come on and and the sky's the limit Yeah, I I I poke a little fun at that two three five 10 20 million There'll be some of these uh guys and gals that absolutely get there and that's great We just need to understand that the financial category is just that and it's not life in its totality I'm just saying that. All right. Somebody says great live stream. I put in a few doozy snow doubt about it It's hard to get in that zone every friday But uh, usually by the end of the 60 minutes I'm starting to start my diesel engine and then I gotta I gotta shut it off, you know But uh, that that's all good anyway, man. I got Matt money in the house. Fantastic That's my brother And here's here's this pot and a crime apple earnings next week, baby I I think apple earnings are gonna surprise for sure. It's been kind of a sleeper Been kind of a dormant deal and and investing in apple really does it doesn't take a whole lot of a lot of brain power to justify that one And there's a few stocks that showed up on my list that I just I can't get my head wrapped around it Booking holdings is one. Um, they had an atrocious 2020 with with the pandemic But uh, I can't bring myself to justify that I would rather go with the amazon route In discretionary, maybe even a lows and if I was going to go out on a limb, I would say an all tub beauty absolutely, um, but uh, yeah, amazon is kind of like the Shooting fish in a barrel name and then mcdonald's probably tops the list and discretionary as far as i'm concerned Okay, again, man, don't don't make this more difficult than it needs to be There's a ton of people in the gallery man. I want to I want to cruise there here. I've got some Chris man. Thank you so much. That was really good. I actually cooked some of my ahi tuna with the syrup that you'd sent me It's just awesome. It's just awesome. It's incredible, man. If you guys Don't know man. It's it to get that stuff homemade. It's it's absolutely fabulous So, uh, we live kind of a vip lifestyle here in the community and um each and every one of you guys is part of it And I I hope you look at it that way. I got rebecca in the house I'm going to just do a few shotouts here and then i'm going to bring jr. Stack investor On the channel because it's been a while man since he's been on and I want to look forward to engaging in a nice discussion I had dividend driver james in the house who was engaging in some killer conversation with me and uh Just respect the heck out of that opinion because where i'm quick to admit that I don't know because i'm not in the industry Okay, um, I absolutely have you know my thesis about a stock and it's really encouraging when people come on and be like Yeah, I don't know ryan We need to we need to take a look at this and I I just think it makes us that much more informed and better investors Absolutely, and noella's in the house my sister in canada fantastic. It's great to see you She's been with the channel since the beginning since we started laying the first brick Yeah, we were laying the bricks and noella was like hey, let me help It's great to see you awesome, man And uh the cruise down here. I saw some other folks in here. I got some vipers in the group here and shan's in the house Yep. Yep. It's great to see you great to see you Eric weber my brother and the family is in the house Fantastic. I couldn't take more than 25 years I think I might make it those extra five years before I start to lose my marbles And that's about the time when I want to walk away When I've earned the right to walk away and still be somewhat cognitive about what I'm doing and Maybe engage in some travel and alex now's the blood phantom You guys man, you gotta you gotta check these channels out Alex is on the level of blood phantom. Absolutely. He's a lot like me too, man Kind of has like a a legit job Like a nine to fiverr, which is kind of cool very unique perspective and a brilliant investing mind Glad to know him and just one of one of many in the network here that If you guys want to know the secret sauce to what I value on the independent investor channel It is absolutely the network and daniel says he loves the channel The channel's just a channel youtube is a conduit that of which I kind of scoff at the face of youtube I don't banter to the algorithm. I don't care I use it as a conduit to get to as many people as I possibly can and If you make your way into the message and it's not for you. I totally understand But but I think I think I've got an interesting ability to Break this stuff down Tell you what I do. I know this stuff works No doubt it can work for a lot of different people and a lot of different capacities So if you're open-minded and you really want this it's 80 percent mental so If 80 percent mental is your gig and you want to think yourself to a to a better place and and It does require at some point some 20 percent of a physical action to You know start an account to try to go through into deliberation and finding out what type of investor you want to be It does require a little bit of diligence on your end But again, I I think a lot of people really really try to outthink this sucker and It's not meant to be out thought Okay, come in and catch a message like mine on how I'm Whip and smash in the stock market and and I would wish you to do the same It's that simple If you need another layer of help hit me up dm hit me up through my independence investor group.com man I roll those out. I don't advertise them They are out there because for the few people that are very very serious About this they'll seek out and find the opportunity on their own. I don't need to press Okay I only want people that are willing to help themselves anyway Uh, I think it about jumping on high is what's your bullet thesis and then doing it. Yeah Well, the bull thesis is surrounded a pat around highly on realizing sales and They've got to be aggressive and I don't know if they are working on a sense of urgency behind the scenes They better be Otherwise they need to hire me to get in there and and and start cattle prod and some people because It's it's shut up. It or or show up. It really is. I you know, I don't know what else to say It's going to be a very very competitive landscape. It's one that I spoke about that I thought many players could succeed at I think to the great divide is good businesses based on How well they operate and execute As opposed to some of those businesses where their focuses are misguided In other words, I I think highly on has the pedigree to put something special together And whether or not they end up doing that is going to Is going to drive Where they go, that's it. I mean they've got to start making some reality Of this strategic vision and and what worries me is that we've been going through this back process Months come and go here. We are a publicly traded company and and may 11th If I need to wait until then fine But we better see some shit in the hoppers as far as I'm concerned. That's my bottom line Okay, obviously my bull thesis has got me through my layers of deliberation with the company Enough for me to take a a rather large position in the company But I reserve the right to be wrong This is a speculation company. Okay, it's pre-revenue They've got the pedigree, but they need to start realizing some of the strategic vision And they better be on the phone selling some stuff to people. They better be all right Cruisin down and make sure that all the shotouts get done. I got a frame of mind in the house I gotta gotta do all good, man. You gotta throw all good And as well, thank you to Lydia for last week. It was very very cool So I run an open forum on the independent investor and I usually do the first hour by myself half hour by myself Then if there is a guest in the gallery, I bring them on And that allows me to go over progress on the channel But also provide an opportunity to bring the guests on And we're going to bring junior stock investor on haven't spoke with them for a while You guys will enjoy that that'll give me an opportunity to comb through some of these questions and uh and see what's on your mind guys Junior got me? Yes. Oh, there's my beer. Cheers to you Ryan. Thank you for having me on tonight. My pleasure Friday I still want to say happy Friday and good evening good evening to everybody in the live stream Hope you guys enjoyed your day today and your weekend as well Um, it's been a while man. Thank you for having me on for a long time Well, what do we do when we're not on the live stream together? We're living life. We're working Um, try trying to embolden some of those other categories that I talked about right the spiritual and the health and You said we were talking before the live stream tonight. How life's just kind of doing its job Time goes by fast, you know, you gotta and that's part of my aggressiveness for this live stream I I take this very very seriously because You had mentioned something to me junior, you know, you never know who's listening And if we packed one people there might be a thousand or so to come into the live stream after we post it but We gotta make sure that we're reaching people. Yeah, and I've always told you even in the past too like You know, you know, you put in your time too. You put in your time, you know every Friday night To talk to everybody, you know, and the cool thing is you have everybody that's consistent and even new New people that come on too and I talked about this in also met money and In Kyle's channel like, you know a month or two ago and towards the end when we wrapped it up I was like, you know, the biggest thing, you know, and it's for any everybody to hear The biggest thing for me is to give advice to everybody. It's more fulfilling to give Um some advice and information than to receive and it yourself It really is like and you know, some people it's hard for others because everybody's going through certain situations But I always feel like give first give because universe circles itself when you give first It's funny about that too. Like, um, I think finding a meaningful relationship is That's hard And that that's something that it's hard for me to sit across from somebody I got lucky but but but but also to my to my credit I put myself in a situation to be be lucky like like I was a wild man You know what I'm saying? I I was a wild man and it was through that like Free spirit that I was able to come upon The love of my life, you know, and I would wish that upon anybody But there's not a whole lot that I can say To to help out with that. There's a lot of people I come across that are spiritually not not happy You know problems with health and well-being which I put number one on the list Finances is not like that. It's so much more mechanical. It really is now. I know I say all the time There's no two portfolios the same But there's only a few strategies that I like to revolve around that really really work So if you're an investor out there and you think that you need to reinvent the wheel Or you need to find that needle in a haystack or find that next best stock I'm here to tell you that that's that's not the way that that that is not the way Well, it's interesting to see that because um, so the beer I have is not uh, it's flying flying I came and put the The beer on the camera, but earlier guys. I had a dogfish beer So dogfish is owned by sam boston beer. They own truly they own Twisted tea and the reason why I'm saying this is because everybody's big on dorge coin and bitcoin Which is fine. Like, you know, I don't ever discredit anybody for cryptocurrency But when you said it's not hard to find those stocks that you know that That go up and I'm the reason I'm saying it's a sam boston beer and the reason why I say that is because That's one of those stocks that nobody talks about and if you invested last year you almost tripled your money In sam boston, they was trading at 300 some dollars. It is now trading at almost $1,300 a share They just had earnings today blue expectations. Of course, everybody, you know, the sales were not because of coven but The reason why I'm talking about this because those are stocks that people don't talk about domino's Simple things and sometimes it could be in your circle of confidence And sometimes it could be something that you use all the time that you didn't figure out that you could invest it in But that's what I'm telling you guys like look at the stocks that you use on a daily basis that People don't talk about because those are the ones that are the silent killers Autozone is another one too Yeah Yeah, well said I think that's the intrigue for me on the stock market is the multitude of opportunities For me, but I've been doing this a long time. So you don't think I have the wood of kutashitas in the market When I try to generate a wood of kutashita Sometimes it goes south on me and I'm like geez why me you got to be kidding me So it's sometimes Incumbent upon the investor to make sure that they can separate What it is that they have real dollars to work in And kind of let bygones be bygones because man, it seems like I watch opportunities come and go all the time I had an order in for 10 bitcoin at $3,000 and I was like, I don't want to lose 30 grand You know Look what it had been worth now. And it's like people are like, yeah, right, Ryan You did and I and that's the truth. I I did I was I was highly considering Had the order in and just didn't place it I've been on companies like that many many times in my life and the whole wood of kutashita thing is I think you have to have kind of a short memory in the stock market too, you know And also like a circle of confidence, right? Because my buddy, he's big into bitcoin Um, you know, he has it in I think it's Celsius. So I'm not sorry guys I'm not big on bitcoin But I never discredit anybody that does it right because all it is for me is a circle of confidence, right? Oh chipotle is another one too. Whoo chipotle. I know chipotle You said you said you got to know the business you got There's an individual I follow wall street trapper if you guys ever Get a chance check out his channel. He talks about chipotle. It's one of those stocks He said he waited two years to invest in and he tripled his money is what because you know Chipotle always had a high multiple for years, man Years and then even before kovat with the whole Equalized situation the stock, you know crashed and then with the pandemic you could have got it at 400 something dollars And it's now trading at $1,400. That's crazy Yeah, but it's one of it's one of those things that uh, it's not talked about and um, You know the news especially cnbc. I've talked about it too like it's You know, they have good information But they also have a strategy and the strategy is to pivot things in a way that You can sell or listen to and pay attention to the high flies, right the fangs and those fangs are good your facebook's your amazon You know the soul and so forth They're good But they don't talk about the ones the silent killers your chipotle your auto zone You're seeing boston beers that are quietly going up year over year so I wonder why that is It's um, you know what it's it's not the uh the sexy stock right the the hype stop It's not like so when you think of sam boston beer, you know, obviously it's just your twisted teas your uh, The truly is right and it's not something that's a high flower where it's like, you know, maybe amazon you know, they have amazon prime, you know, they have um The audible they have, you know the store they have um whole foods and jeff basils and everything else like, you know Before ilan must is now. I think the richest man in the world now was jeff basils and you know, you're uh facebook You know, I know carlos facebook. I was in there facebook, you know Netflix right and everyone was worried about netflix because of disney plus But if you didn't realize netflix was lowering their operating Expenses and doing their own creation, right? They did their own netflix Films netflix documentaries, right? They they were burning cash back then but some people didn't pay attention to that They're like, oh my god, disney's gonna take him out of business. Well, why disney can only show so much They can't show ozark, right? They can't show like shows like that, you know, so Well, you're you're invested in disney, but you're not invested in netflix, right jr No, my so my fiance is invested in um netflix and her Roth and I have uh disney and i'm up uh 65% right now in disney Because I was buying it when it was um 85 86 Yeah, that that was a rock bottom. I don't I don't think we'll see that again I don't think so I think we'll go we'll go on a multi-year tear here. I think that entry right there. Don't give that away Because I I think we're sitting well Yeah, and I think with also, um, I know we we all Um, we're not all of us but most of us got our stimulus uh multi to go You know this everyone's and everyone's ready to go out this summer I think it's gonna be a big reopening your bars, right your beaches your vacations. Oh ambien be Ah, man, they're gonna soar to years of combat is a stock where I know some people didn't invest it right away because I feel but to me personally I think that stock is gonna in the next five to ten years is gonna really Change the game. It has changed the game already You know more and more people are sending air and bees in the hotels now now Um than before so That's really gonna go up down the road. It's a long term I think long term you're not the only one that I've heard say that on air b&b And I agree with you. I think it's right there in the top of you know paradigm shifting You know, I I don't know if myriots or the hiltons which I put in the top tier categories But I think to say that people haven't been changed over the last year due to the pandemic is probably very short-sighted And I I think companies like air b&b are gonna they're gonna dominate I was on vacation a couple years ago and everybody I talked to down in st. Martin We're like, yep, we did air b&b down here every every person I talked to And they benefited with the pandemic not to say like obviously the pandemic was rough on us Especially for me, you know last year mentally, but even um, so obviously the reason I say that because a lot of people Are having trouble to fly internationally right because a lot of international flights depending on the countries are um You need like, you know the vaccine shots and everything whereas domestic You can just do an air b&b, you know Like maybe go to the polka nose if you live in the northeast or mania, vermont or if you live in cali, right? San Diego San francisco, you know la any places out there To do air b&b. So yeah That's what I want to hold. I haven't bought it yet because I'm actually saving money for the taxes from our Roth Conversion next year. So I've been saving the money for those taxes I'm not buying. I'm not buying anything Yeah I'm not buying anything. I just did the recalculation and what came up on the list is to buy I already own merc and Pfizer and J&J Um, but those are the three That I would just buy more of Yeah, there's your okay IBM just came off a huge quarter. I would just leave that alone apple. I could double up on JP morgan I could buy more but I think financials have been on a pretty good run JP And that's noble. I mean JP Morgan. Yep And the disney and disney but disney's run up too nicely So entering into the stock right here. I actually think that it's got a lot of runway in front of it Um, but it's still got some headwind. I don't even are the parks open yet junior They are they are open. Uh, florida the one in florida, uh, disney world is open I don't know about disneyland because I know that's in california. So i'm not too familiar but in florida They're definitely open yet because florida is open. Um, you know, if they're open for pretty much everything They're not like New Jersey where we still have masks ousie for public places I believe florida and I want to see down south You know, if anybody in the chat correct me if i'm wrong, I think most of the states like texas and all that is just wide open Like there's no Yeah regulation or restrictions. I mean, so yeah There's some other stuff that i'm looking at that. It's kind of on the bubble for me Uh, thermo fisher scientific Abbott laboratories elie lily and medtronic in health care. Oh, yeah, I believe so. Yeah And then we got some tech technology stuff adobe systems texas instruments And paypal now you're a big fan of paypal, right? That's i'm up 75 percent paypal right now Well, is is it still continuing to maintain your bullish thesis or You're just gonna continue to hold you've seen no business change shift and sentiment at all, right? It's on fire stocks on fire. Oh, yeah, i'm gonna hold there's no reason for me to solve That's a five-year hold. That's that's the one that put a five-year hold on paypal. Gotcha Yeah Paypal's paypal and even square two they're what uh, I'll see they're both duopolis, right? You know pay square paypal your visas your massacre for paypal I love paypal because I have a venmo that's owned by paypal. So I use venmo all the time Yeah, yeah venmo venmo's fun. I use zeal to I I sometimes I sometimes worry about paypal and the um How exclusive I guess their product is and I might be overblowing it a little bit Like paypal I look at and I kind of cringe. I actually look at netflix and I kind of cringe a little bit because Just just over the last Year and a half I've got familiar with netflix and I hate their search function. I I hate it and I go through there and I'm like Why can't they get like good old movies like They bring in some good. I mean they have a lot of content. I think I like what netflix is doing especially the original content They have some good stuff a lot of good documentaries. Um, I actually just watched the sick sick. I can't pronounce it See see conspiracy or something like that It's okay, and it's a really good documentary if people are interested and talks about not just the pollution in the ocean but what's going on in um, japan with uh, like um hunting dolphins And it's actually some serious stuff, man um, but it's uh I'll just wait for those. Yes, mcdonalds. Yes. That's another one mcdonalds is another one If you easy and it's a read I don't know if I've mentioned that before mcdonalds to me is a read Yeah, it's a big real estate play. I mean it's I I use it to feel discretionary. Um, it it fits nicely for me in discretionary uh, like a loaves Like an amazon, right? Um, but yeah, they've got it dialed in It's it's amazing the business and the moat that they've been able to build over the over the last Five six decades however long it's been around. Yes And the thing is with mcdonalds like people like oh mcdonalds everyone's going healthy. They're dying I'm like you got to look at the bigger picture. I look at it as like I mentioned before it's a read I know they have their burgers and their breakfast is really popular definitely in the morning If you ever um drive by mcdonalds, they drive through his pack for breakfast But it's their read, you know because the franchisee has to pay the franchises They have to they own the land, you know where they built the mcdonalds. They own the land exactly Yeah, that's huge. So a lot of people don't understand. What do you guys think of sales force? That's another one too. That's another high flower sales force. I know a lot of people talk about that I'm not invested that personally, but I am I own it. Uh, I'm I'm Very very bullish on this company And um, think that it'll probably if you had a five-year time horizon, it'll double from these levels Yeah It's like oh, yeah for five years like I could see it doubling it It's a different it's a different business. It's number one in the uh customer relations management software So basically these guys come into big businesses that they're already in all big businesses And any data and analytics piece that you could ever extrapolate from a business or company They make it they digest it and they make it into a presentable Product for the board ceo Whoever the board needs that information crm makes that information available to them. It's number one Yeah, it's number one. It's it's really good. That's the way to go software microsoft That's that's my biggest holding in my um in my ira is that I just love satina del I just love How microsoft runs this business there's it's a piece. They're etf to me. They're etf because they're so diverse. They're so strong You know, they're so diverse in their company and their hash flow their Cash on hand is insane. I know we talked about and cow and mat money cows channel like they have 136 billion dollars Think of that's insane man. That's crazy amount of money. Yep. Yeah, microsoft is just one of those companies that man if again if you're focused on other stuff in the stock market And you don't own these companies like microsoft apple, you know, i'm throw a j and j and they're very easy in health care Right, there's those names that really trickle to the top and if you wanted to say, well, what about visa ryan? I'd be like, yeah, absolutely, right So, you know just man if you're gonna try to overthink this thing like like I do a lot of the times I I've built up years of layers to be able to Kind of say, hey, can I take a strategic shot here and there? But I think all too often people are trying to take those strategic shots First You know, and and maybe they win. I don't know Maybe they win and then they think that it needs to be duplicated over and over again And that's just not true, you know and I think people too like to Definitely read the book. Um, and I know it's a classic one I'm sure most people I've read it rich dad poor dad and the reason why I love that book personally Is because it'll change your mind psychologically the way you look at money And that's the thing I think the problem with some people in the stock market is there's so it's the short term right like Hey, I need to get this money right away. I need to get this money right away without thinking of how How psychology money is in our brain, right? Like we're so used to working so many hours You know most of us Whatever job feel we do like if you if you're in sales you commission salary hourly doesn't matter We all put in one thing it's time the amount of time to get that money where in that book it talks about All the time you put in for money It's not going to equal to wealth because you need your money working for you If you have more liabilities and assets, you will never create wealth as simple as that and we don't think about that Most of us now we know now, but a lot of people don't know what passive income means They really don't when you tell them Smith and all comes from financial literacy. I never knew a passive income meant Until I was frustrated with the situation. I went on youtube. I watched your channel. I watched Whole bunch of you guys and I was like and I looked at my portfolio I was like, so this is how it works. This is how you build wealth and you don't learn this in schools because I think well, there's so many different layers, but uh, wall street traverse said the best if they Uh, teaching financial literacy in school is like a lion Telling a gazelle how to get away if a lion tells a gazelle how to get away and won't eat If everybody learned this and that's the sad part it gets deep and that's why sometimes I don't talk too much about But it does get deep because there's reasons why they don't talk about Roth IRA promotions There's a reason why they don't talk about our passive income in ETFs They'll talk about a financial advisor and a mutual fund. You've talked about yourself, right? You know, you you personally had somebody that I was, you know That you had a mutual fund with and they charge you so much money and expense fees And I appreciate you because you're telling us. Hey, I went down I went down that road and I want you guys to self direct on your own because you can do it You'll save yourself a lot of money and if you follow these fundamentals, whatever stock you follow You're going to make it and I appreciate a person like you because a lot of people may lose a lot of money in these mutual funds Hardworking individual middle-class workers, man It's over over time And remember the financial institutions have been predicated upon this premise that regular people are stupid And you will not make it on your own and in your very Moment of truth You're going to crawl back to a financial planner and and beg them to help you through this time of great turmoil Yeah I find I find all the time that people fail in stock market investing by their own doing And failure to get if if what I said is true about the 80 percent being the lion's share of making it or breaking it In stock market investing then why are people so concerned with the 20 percent that remains? Why you got to get the mind right? It's that's what's going to determine it, right man And distractions and everybody knows live chat. Uh, sorry live chat here. I can talk. I've been drinking too much beers, but It's good for the spirit, baby Come on now But um everybody the left and the live chat you guys are blessed because you're learning something that most people don't learn And what I would tell you guys is you don't have to do it But tell somebody tell a family member a friend tell them about this guys and this is important because I it breaks my heart when I see people work hard for years and don't receive that compensation back man, and it breaks my heart especially What we've been taught with full in case we've never been taught about Roth IRAs or traditional IRAs, right? We've never been taught how to make our money work for us, man I guys man Just go out there tell people and enjoy your life Enjoy your time too. Don't focus too much on the stock market. It's going to do its work as well. So I think so and I think it's important to remember that There's a program for everybody Like not getting invested is not an option for me In other words, if you if you come to me like everybody does and they're like Ryan I don't know anything about this you seem to talk along the lines that it's really really important And it is I want to get invested But my risk my risk tolerance is very very low My my my my profile for investing. I don't know what that is Well, people need to understand that they don't have to go out there and throw darts at a dartboard to try to put together a 25 stock portfolio And I think that's what a lot of people have in their mind Is that they need to understand that there are products out there just to get them started And get them get them up. Look at vti right now. Are you telling me that vti isn't encouraging people? About the power and the prospects of passive investing I if if if it's not Impressing you Then perhaps maybe you need to go re-study The power of compounding interest over time the power of diversification And really recheck your expectations of investing because I think that's important too I think a lot of people get involved with investing and they're like, this is great Next week I get to retire Because I've become an investor with my first $150 Yeah, and I think You know before I know getting closer but another problem too, um, right is language right language and lingo And it gets deep because language and lingo separates everybody, right? We know about it because we've we've did our due diligence to understand it But if you talk to somebody if you talk about dividends, um, You know, uh stock going into the upside Average down they're gonna be lost. It's like a mechanic trying to tell you about your car. You're not big on cars Oh, let's see. Do you need to go in china? I would oh, I I appreciate that. I'm you know, I am working on that I'm me me and my fiance are working on that and um, I hope that We need more we need more ambassadors of people coming on jr Like what was said in the in the last one too, and I've been saying this to you for a while Okay, I think I was the first one I was saying this to you for a while. I think the idea really is just to come on and and share You know what what investing means to you you're obviously a very very savvy investor But I don't think you have to be an expert To make this make sense to you. I think it's an ever-evolving craft. I think it's like anything you you get involved and You learn you make mistakes Maybe you deploy some strategies that work for somebody and you can kind of take and make those work for you And then you start to validate it for yourself And and that's where kind of where the the fire gets started for people man But think of how many people you could influence jr. And then it becomes Once you can sit across from an audience and kind of dare I say teach this stuff it becomes it becomes a lot more internal to you because The the subscribers and the visitors to the channel. It's the lifeblood for me. It's what gives me the energy To do this all the time, you know, I I couldn't do it if I just that's the weird thing about podcasting Is that you have to sit down and you have no reciprocation. You have no no energy. I do like podcasting It's a very introspective type of evolution But live streaming is the funnest thing that I do On social media and that's why I always appreciate you doing that because you don't see a lot of people do that I know Kyle met money they do it But there's not a lot of people that invite people like us because at the end of the day You you're giving us a platform to talk about our experiences and maybe give up, you know, Junits Yes, I appreciate you guys. Thank you She's getting well. She's getting well. Yes, he was in the hospital last Friday, man. Yes, I Laurie we're with you. Thank you so much And yeah, we were definitely with you and I appreciate all you guys On I appreciate you Ryan and uh, yeah, just this is awesome because it's just it comes from here at the end of the day We have our mentor, but we have here. It's all about spirit, man And I love you one another and just You know guys forget about the news I know there's always some bad things on the news But really focus on this because we are all coming from different backgrounds But at the end of the day we come together with one common goal That's obviously the finance and spirit act spirituality and then just loving each other, man It's easier to love and it's harder to hate It's more energy to hate somebody and it's a lot easier to love somebody. I'm telling you that right now It's a simple I'm gonna wrap it up junior man. It's getting to be that time. Thank you, my brother. All right It's great to see you man. Great to see you tell ashley high for me. Okay Yes, I'll tell and uh, good night and everybody else. Enjoy your weekend guys. All right, brother. Take easy. All right All right, man. All right later Now that'll wrap up the friday livestream fantastic big. Thanks to junior always a treat when he comes on I roll an open door policy man. It's 60 minutes a week and To come in and and um, get an update on the channel. See what's going on. See what's shaking I'm always hungry and keeping an eye out for what's going on with you guys Absolutely. We want to make sure that we're progressing toward That ends that we all seek right as I'm doing and uh, I'll be your staunchest advocate I'm marching toward my own. I Disclosed some of that for you guys tonight. Just to give you some insight on what makes me tick I think that's interesting enough, but I think the deeper question is to ask yourself what what in fact makes you tick What what what? Feeds that internal motivation for you to do this thing What what makes you want to drive and be a better investor for you and your family? I think that's really the key and it's a heck of a lot more powerful than me coming on Trying to embolden my message to what put me on a pedestal. I don't need a pedestal. I'm totally fine Coming on and wrapping with you guys as an advocate for retail investors, man Common everyday folks manless truck drivers hard workers out there the teachers the health care workers the social workers out there I've got them all in my community. They're all represented here a few retirees who have worked phenomenal Careers and had phenomenal lives and they come on here to kick around And revolve around this very very interesting Conversation which sometimes spurs into other avenues of life But if we can embolden the entire aspect of your life Then we're making uh, we're making an impact and I couldn't ask for any better opportunity guys So with that, um, we will shut down the live stream We'll catch you next friday at nine o'clock on the independent investor channel Great to see everybody tonight and we'll catch you next week. Cheers guys