 And happy Friday to all the subscribers the independent investor channel. I was a couple seconds late tonight I'm not ever late. I look forward to this project every Friday Love to everybody welcome everybody to the open forum here that we provide on the independent investor channel This is a unique forum. I do this project for you This project it belongs to you tonight is probably one of the most important offerings that I that I've offered Over the last couple of years. I've got relatively specialized in my approach with covering a few select companies I get solicited every single day for companies Things that you do not understand below the surface What I provide on the independent investor channel is the pointy end of the spear You can appreciate that it's the top of the iceberg But you are not preppy to what is below the surface with regard to the solicitations through the channel and my responsibility that I uphold as as Intimately as I can being a forward-facing social media entity and a An investor mind that brings a more rational sound deliberate decision-making process Through my application and I look to pay that application forward with you Tonight, I found it prudent to devote this live stream to a duro clean technologies So I will tell you right up front. This is going to be a discussion that is going to be focused hyper-focused on a duro clean technology who as of late has Probably placed about an average of a new news release every three or three or four days And the news releases are not they're not wags They are real and they are big There has been some attempt of providing some transparency in a very deaf market a Market that is not conducive to this type of activity currently We are currently in an environment where a lot of schools of thought I'm partially one of them Is of the belief that we have not fully escaped from the bear market as opposed to being partially still consumed by the bear market as Well as having some overhang from what has been a fairly lasting bear market for the last couple of years and rightly so I'm not going to give you the all-go. That's not going to happen from me Through my evolution as a stock investor. It always keeps you on your toes Stock investing as I've said many many times humbles Even the best investors out there And and for you to get in early on a ground floor opportunity can try your patience. It can last for years It is difficult. It is not it's not easy It's not as easy as just flipping on YouTube and and finding the the most Controversial YouTube creator and just putting all your stock into that specific message. It does not work that way I'm here to break your bubble. It does not work. There is no guarantees in stock market whatsoever However, I will suggest of this the game can be lucrative and it can be very very powerful and Anymore with the power of information as Information is made possible to you not made possible through grander social media as Early as about 10 to 15 years ago It has just been made possible here to we to where we can collectively Scour over a market that has tens of thousands of equities in it and and look to put our focus on where that focus Deserves to be and that is on companies like this that are looking to change the world and they are looking to do it in a big way alright Like to give a special shout out to Yazan's been a guest on the channel He will continue to be a guest on the channel our attempt here is to bring people together Around a message that quite frankly myself and Yazan has spoken have spoken many many times This company is easy to invest in There are other companies out there that can make you money. There's no doubt about it value S&P investing those types of things can make you money. Alright, but we have talked about This initiative we have combed this over back and forth. We have revolved around this message And we share the same Sentiment with this story there has been So much work put into this project before even coming to public markets And we're going to highlight the arrowhead report that was released Just this week that would suggest a price target on the high end of five dollars a share We're going to talk about some of the other content creators out there that are trying to generate a little bit of awareness on this topic guys in all fairness Aduro is busy being aduro. All right And it is very difficult in these markets that are not conducive to these stories to make sure that the entire Story is being told and arrowhead did a fantastic due diligence report It's 47 pages long. I tasked you with taking the time to read that report. It's just that simple it could be one of those items that are life-changing for you and that is what we're looking to do is Making sure that we're spending our minutes in a productive way and making sure that we're finding that elite top 1% out of a Multitude of stocks out there that are doing one thing or another But there are Very few opportunities like this. It is very important for you to do your own due diligence This is a non-paid promotional piece of content This is something that I am opting to do for my share owners of aduro My would-be patrons of the aduro message and the grander subscriber base of the independent investor channel Good evening to you Yuzan. Thanks for popping in and saying hi. I really appreciate it. It has been a jam-packed jam-packed news release and I I Want everybody to kind of curb their enthusiasm a little bit If you've heard the old saying that there is no emotion in stock investing. It's probably the one of the best pieces of adherence that you could That you could incorporate into your application and I find that it is the one that is it's the rule That's broken the most Everybody feels good when a stock is going up and everybody feels bad when a stock is going down See the irony in that Alright, I am going to give you my unique perspective In a way that only I can deliver to you Okay, you're going to come to a Consensus about the discussions topic tonight about whether or not you want to invest or not invest okay It is your prerogative and your decision and your decision alone to make those decisions to buy or not to buy If you decide not to buy it doesn't mean that it's it means that the stock is not going to go up or down If you do decide to buy the stock it also in all fairness does not guarantee That the stock goes up and it does not guarantee that the stock goes down Okay However, it does put the realm of capability for a company like a duro in a box Okay, and when you step into a desert landscape and you look out over an OTC market you see 10,000 stocks When I look at opportunities like this, I take the opportunity to provide a bit of Appreciation back to the people who provided this message to me and I in turn in providing that to you And I think it only appropriate to thank The person who brought this message to me now I own my shares. I'm calm cool and collected I'm going to disclose the actual buys. I made six buys in 2022 the first couple of buys I made all in November when the game changer program was first announced and I was frantic then I'm fine now. I've been fine for a long time a move in a stock Does not necessarily affect my mood at all one way or the other. I'm very Ultra long on this company But I want to take this opportunity to thank first and foremost Mariusz Skanochki He's one of my featured channels. If you don't know how to say his last name He would admit that it's one of those that's difficult to pronounce. All right, but Mariusz is a very Very underrated YouTube channel as well as the Enduro name is a very underrated name as you'll soon find out when we jump in To the arrowhead report of due diligence. All right But he's got the most content online. He's doing a wonderful job of cover in the story Now Penny Queen has been a guest on the channel She's also a fabulous stock investor mind and like Mariusz actually puts a lot of focus on This niche segment of the market which for you guys that know me know that this is an aspect and an element of my game Okay, but it helps to hear different opinions Look if you hear something from Penny or Mariusz that that is is differing from from myself So be it the idea here is to further your education Further your understanding and perhaps maybe you gravitate with the way that I explain the information gravitate with this idea or just quite simply take it as an introduction to a life-changing Opportunity and I believe it to be just that carbonat carbononics Carbonomics actually has been added to my featured list of featured channels Along with another aduro content creator this evening who's actually in the group passive income investor Just released some fabulous content last week. I believe on a duo is fantastic. He does a great job Kyle's domiciled in Canada if you're not subscribed to his channel, you're really missing out I really think this guy probably deserves fifty to a hundred thousand subscribers with the energy that he brings to the table and He's very entertaining to watch and he makes stock investing interesting Okay, it doesn't have to be boring for me. Look, I expect to make money and for a lot of people That's their sole motivation great I don't invest not to make money But this guy has a way to make it not only fun but also edgy and I really like that about Kyle And that's probably probably why he meets my very very short list for criteria of support as a feature channel on the independent Investor channel. I really appreciate your efforts Kyle You can kick over and you can catch his delivery as well on aduro outside a few other Content creators out there that are pushing out the aduro story I think that it is up against a wall of very very difficult markets that again I don't believe are conducive to these stories Now just about five weeks ago six or so weeks ago. Aduro made a nice push to the north In the stock price only to see it retrace This momentum feels different to the chart patterns are aligned significantly better than the last pattern. That's for sure This pattern really looks like aduro may Really work for a long overdue breakout, which I think it's long overdue And a long time coming Especially where I feel like the shell game changer program fell on deaf ears and was not given its due attention Now aduro is not alone in this fight with regard to Having difficulty telling its story in a marketplace that is a proven market We are not in ladder 2000 to 2020 That decade especially the latter part of the decade decade Especially with the emergence of the spat craze for about six months where anything that anybody touched north of ten dollars Was going to go on a very very predictable run and make people money. Hell. I made money doing it too. Okay, that timing is over and dare I suggest the fundamentals do matter because Maryouche has talked about this topic many many times and He's discussed how the market has changed and how even we are in a time right now where the markets are skeptical I couldn't degree more What I mean by that is if you want to look at fundamentals now and just solely invest on fundamentals You you probably stand just about as good of a chance as taking your chances on a company like an Nvidia Or an IPO arm. Okay What the reason I suggest that is your value investing has held fairly well in over the last two years with people looking at the safe haven The volatility in the bond market is something not to be ignored bonds just passed over The volatility mark and actually became more volatile than gold Just as of late for the first time ever That really just speaks to the time with the increase in the interest rate and the attractiveness of bonds that started 12 months ago and now here We are in a market that sees a real estate market that cannot continue to sustain The hunger that is provided not only by sellers and by buyers to engage in a real estate market That they would otherwise engage in but just cannot do that with the higher inflation rights Inflation rates How does it affect the OTC markets OTC markets if you it is perceived that you have Liquidity issues and lack of access to capital It's going to put a damper on that and it has for anybody that has paid attention It almost seems like good news goes to deaf ears and we are peace-mealing stories to look at those stories out there that Create any hint of bad news and companies are punished for it and they're punished bad Now if you go back six to twelve months on the chart of a duro clean technologies You will find a company that is held in the pocket Just about as nicely as any company that I've I've seen It has basically weathered a storm in Markets that have not been conducive to weathering storms a duro has done just that if they are to be commended on Achieving what they have set out to achieve on the company side They need to equally be applauded on their achievements for sustaining that value for share owners now I will quickly suggest this Whatever production has happened whatever demand over the adduro shares Whatever it might be the tight share floats that we're going to talk about a little bit when we get into the report has Really lent itself in a way that would suggest that this company has been around a lot more than just early 2021 okay It has been around for ten years plus and about fifty million dollars of investment Has been put into the technology to bring it where it is that we are discussing now This is cutting edge. Okay, you want to quit the live stream go watch Netflix. I caught painkiller this week I highly recommend it yada yada yada Matthew Broderick did a fantastic job talking about how no matter what The system is always right Okay, and the system will be defended at all costs no matter how guilty they are all right this right here This affects everybody okay, and it affects everybody from the perspective that if you don't buy a duro shares Which is not for the faint of heart, okay? It may not be for everyone. That's for each individual investor to determine. Okay, what I would suggest is this Read the 47 pages. Okay, you're gonna get no sympathy for me Read the report if you're interested in stock you frequent the independent investor channel And you hear the terms due diligence thrown out there all the time You hear these these things about exciting companies, which a duro is one do a little research on it educate yourself up on the lack of Recycling capability of the major companies out there and the and the absolute critical need right now to Frantically find these solutions to meet looming 2025 mandates on the horizon they are coming And rightfully so we are behind the times the micro particles that are ending up in our food chain guys It's happened over the course of many many years make no mistake about it. We are late to the game This is a global crisis Okay, and I hope for the love of the planet and the love of the fact that when I am gone someday That my two children can involve a potentially cleaner environment because of the Technologies that both a duro and others in the space are looking to bear to tackle this plastic problem What is the plastic problem? Over 80% of the plastic now that is produced is Unrecyclable through methods that are available now in 2023 you think how is that possible Ryan that that just can't be I've got my plastic bin in my house So we throw our plastic water bottles into the green bin And we think that when that green bin is emptied out at the roadside that that is somehow Guaranteed to go and get recycled my friends You need to wake up and smell the coffee Okay, you need to realize that The the best application that you can have in life and how you approach right wrong or indifferent is independent Okay, don't succumb to the whims of understanding what it is that you think or everybody else thinks you should Understand about a topic, especially this one Think about how many use cases there are in plastic for a moment Think about how ingrained plastic is in our lives You want to talk about a global crisis try pulling plastic out of the global Recycling chain or the the circular economy and see what kind of chaos we can create in society by removing plastic Plastic is ingrained in our everyday lives And unless we can figure out a way to break the chain and that current chain is produce introduce Consume and then discard it and it is upon the discarding of those plastic products that 80% of them end up at the landfill All right, you've got your polypropylene your polystyrene your polyethylene Those are the hard to recycle plastic a duo can deal with all three now, okay Very important to start to study some of the other Mechanisms out there that are using high input and high heat methods Which can actually offset any type of product? Profit or revenue that could be generated on the back end of producing the plastic because the input to get that Resin or that pellet or whatever it is on the back end through the production cycle actually is so high cost That it does not become economically feasible to actually Subject plastic to the rigor of recycling now IE the reason why most of it ends up in our landfills All right, so to educate yourself up on the topic very very important and I just wanted to give you guys kind of a segue I too am providing a lot of content on I on a duo. It's a fabulous company to cover I find it very very important for me to continue and basically be an arm of expectation from the government that are from the the upper management that is actually working diligently on this on this company and Really try to augment and highlight the progress that has been made thus far So with that guys, I really appreciate it when we come back from the break. We're gonna actually jump in here We're gonna actually look at this arrowhead projection because I really want to highlight a few things We've got a robust group in here tonight. Please leave your comments questions Dialogue anything that you want me to take to the aduro team. I can certainly do that I have been to the facility I have interviewed the CEO and I have talked to a lot of people who are closely Involved with this story if you value your time and are interested at all in Potential opportunities like this stick around guys give yourself that opportunity To to actually enjoy the content tonight. Have yourself a cocktail Sit back relax. Enjoy the show. We'll be back with you in just a moment Fantastic, I appreciate you guys and you guys are kind of seeing I'm gonna click over here So you get that full screen. This is the arrowhead Product that was released actually and it is a really really telling read You guys can kind of jump into yahoo and you can see what is going on with the news releases You can actually see all of this news but arrowhead did a really really good job of summarizing All of the specifics, but I want to scroll all the way up before I get into some of the things that were really stuck out to me I've read this a couple of times I will read it a couple of more times because you will pick up things that you did not find on the onset and Very very important to understand and this report is only one day old. So this is hot off the press Like I said and promise to you guys this is As cutting edge of information as you can possibly get all right now I want you guys to focus in here. We're talking about a market cap company that is Extremely extremely under the radar at sixty seven point five million cat around fifty million us ticker symbols here very simple to find that information But I want to bring your attention here to the fair share value brackets that arrowhead has put forward for the would be patrons and Consumers of this report The current share price here at $1.05 cat as in what did improve today on a pretty nice jump of about seven or eight percent But the last month has seen the shares increase by about 25 percent So a modest increase and a jump for the bulk and magnitude of the news releases that have come out on the company but This is an incredible Forecast now. I actually read this with a little different lens and I understand I'm supposed to be really really excited about this I am however, I have much grander Forecasts for a duo and I don't really think with the news that's been released. This is really that aggressive I actually think this is fairly conservative. No, that's my perspective. You are entitled to your perspective I understand that it's about a four to five X from current levels. That's nothing And we are going to talk about expectations with this company But I don't want you to look at this as all right This is an opportunity to pick up undervalued shares, which they are And look to five extra money and exit because I think that the mat the majority of the profits that are going to be made on this company are Going to be made long-term now That is barring a few catalysts that I think have to remain intact for a duo Going forward the first and foremost is that they do not get taken over and bought out I certainly think that what we have known of the company for a long long time Is that I don't think an offer of 1.5 to 2 billion dollars right now would be anything outside of the realm of possibility I absolutely do not I hope that doesn't happen. I think with the aduro verticals that they have I think they could really scale this business and they could scale it twofold Which is noted here in the key highlights aduro's business model is likely to be based on licensing of its hydrochemaletic Technology further the company plans to build and operate its own plant as part of an own and operate model under Appropriate circumstances. I believe that they're going to do both. I'm more bullish on the first Of the two Revit potential revenue streams for their plastic recycling technology However, I do believe that the sky is the limit for a duo And I think whatever they choose to do with their strong network of patrons both here in Canada here in the United States as well as abroad Especially with their involvement with Bright Lands capital and Camelot I think their involvement with them is going to help really leverage their opportunity Both here in North America as well as abroad in Europe. So what you're gonna find here as you review through these this report is That their reach is very impressive For such a young company now the key risks are identified a couple of places in here They are straightforward and they are somewhat common amongst startups like this that You know don't have Sustainable revenue at this point Maybe subject to technological advances beyond what aduro has is currently boasting As well as fluctuations in commodity prices that could cause the commercial production to be unfeasible may render Refining an economical. This is actually laid down out in bullet form further on down in the report. I recommend you read that Just just where the key risks are involved You need to understand if you're gonna be excited about the premiums that are involved with the company You also have to understand the the risks that may be involved with the company as well But I want to I want to cruise down here. I'm gonna skip most of this and like Maryouche said on his video I appreciated him talking about how important it is for you to read that. It's your job It's our job to actually bring this information to bear If you do not follow me on Twitter, you can follow me on Twitter If you do not follow aduro clean technologies, well, then that's a start guys It cost you nothing and for this information to be as readily available for no cost to you You guys should be jumping all over this. I mean this this is incredible information. This is Fantastic, this is a summary. This is not Arrowhead's opinion This is a summary of real events that have actually transpired Going back a significant While back and and talking about how this fine company has evolved to what we know and love today in aduro clean technologies, but Very interesting here. I know I wanted to get to this here Which is the shareholding pattern of talking about the major shareholders in the company Aligned with shareholders to actually vest with certain elements of the company Carbonaut carbononics carbonaut carbononics I don't know why I have such a hard time with that is such a good good content creator His video this week actually broke down the one-third one-third one-third structure. Just absolutely beautiful really appreciate those efforts and part of the reason why I Brought him into the fold as a feature channel that way Hopefully you can kind of use my reach to get to those other content creators because I watched the video and I was like Jesus, I wish I could make content like that and the guy's got a thousand subscribers again highly undervalued just like aduro But when you talk about a tight share float of 64 million shares just insane with this much that's owned By the management it just makes you wonder about how This 40 million existing shares almost 41 million existing shares are going to be split up with All of the institutional buying that could be Forecasted or presumed to be on the horizon which has not happened yet And Mary you spoke with this about this during his release talking about on such a tight share float and an Inability of the shares to be readily accessible on the marketplace. It's going to create somewhat of a buying frenzy That's how I'll just sit back. I'm good. I own my shares. I'm fine. I'm not increasing my position here but I Just will be monitoring the shares I I got to my goal and I'm good. I'm happy But the the end of the report here actually talks about the news that has been released And I want you to pay particular attention to the dates of release of this a couple in September the current month We're in going back to July June May almost on target every single month this year coming out with a piece of fantastic news Going back to 2022 and and so forth going back to their involvement with Breitlund So I really want you guys to review this stuff. I'm not going to belingar this report here I just want you to know that it exists. I can try to get you a link But the best way to do it is to follow a Dero clean tech on Twitter And that way you can have access to this arrowhead report. I found it to be very very telling I found it to be very very helpful in summarizing all of the wonderful attributes of the company all in a one-stop shop So that is it right there guys really appreciate that We're back now in the live stream. I really want to open it up to some comments But I without further ado, I think it's probably prudent for us to walk through a little bit about how I've evolved to my share Okay, I can't do this in an eight-minute video I can't do it. So what I'm going to do is I'm going to talk about the Amount of shares that I have which is twenty seven thousand five hundred shares of the company It will remain at that level the dates are going to be provided in the description below as well as the entry price I am at alpha on every single block position that I've entered into six total blocks in 2022 Two total blocks in 2023 and that is just where we are okay Right wrong or indifferent a thousand dollars in a company like this at such a Introductory phase of a company can be life-changing life-changing Now what's not going to be life-changing is if you take your 5x you're good with your five grand you're gone Okay What I really want to premise in this is to get a little bit of fundamental conditioning in Understanding that yes, I'm going to disclose my shares to you I'm up significantly in the shares now with again some alpha in every block of shares But I'm just getting started. Okay, and that just getting started started November of last year We are almost going on a complete year of share ownership and the Dura clean technologies Which is seen as kind of sputter between the 60 and 80 cent range here those who have been involved with the company have been a very patient in watching positive catalysts get announced and rolled out to no avail and Are we at a point where there's going to start to be some favorite return guys? I don't know I'm not in that prospecting business. All right. You want to go have your fortune told go ahead and go pay the Money to have your fortune told I think it's more accurate to tell you that nor there are neither I nor anybody Know where this company is going. Okay? What I can say is we can earmark and align or I can provide you the document that is equally has aligned those improvements catalysts evolutions of the company and you can kind of Get a picture in in your mind about where the potential of where this company could go Carbonomics talked about this in a Derisking type of profile with every new evolution of the company further derisks the company Going forward. I'm going to drop an invite in the Comment section guys really quick just for fairness and just for thoroughness There it is if anybody is interested in kicking on with me for the last portion of the live stream This will in fact be the last live stream. I do for a couple of weeks. I have a professional obligation There it is at the bottom anybody who wants to pop in say hello I'll make you famous I guess whatever the hell that means. I don't know this channel is yours So I just facilitate the business and that's the way I kind of make sense of this opportunity for me I'm not an egomaniac. I care less how many subscribers I have what I do care about is the value of the content coming through The the channel will you post or share this PDF? I will try to do that I'm trying to give you quick access Jose And the quickest way is to log into Twitter if you have a Twitter account if you don't I do apologize Mariusz has it in his video when he broke the news which is only a couple of days old You can have access to the PDF in the description of that video Okay, I could just take and drop it in here, but it's a 47 page document So my fear is that the PDF is a little bit larger of a file that I want to try to Mess with now But if you do log into Twitter and just follow aduro clean technologies They've got it right there in the first couple of tweets on their website. So that's the best I can do for you Jose, I appreciate the the comment and the question anyway, but Starting in November I actually was starting to research a dural clean technologies and I actually entered into I see you there Andrew. I'll get you on here in just a sec. Okay, stand by just a sec We had one two three four five total buys out of the six in 2022 in aduro The first one was a token buy of a hundred shares and that was the first buy You guys need to understand the distilled difficulty albeit breaking loose a little bit in Achieving a share accumulation of aduro clean technologies. I actually had to Sit through many hours with my main broker Merrill who still doesn't offer it On on on on their platform, which is interesting. There's been some maneuvers about access to these companies Long story short, I have bought mine through interactive brokers There's a few reports through my private group that talk about the ability now to buy the company through Charles Schwab you guys are gonna want to take notes on this stuff guys because you're gonna be pissed if you leave the live stream and you're like, okay I you know Maybe up maybe a hundred shares of work or a couple hundred or whatever is in your means and you can't buy the shares because they are not as Easily accessible as I would like them to be all right So just kind of keep that in mind But the November shares were a hundred just the token buy then the bigger share block at 2000 the biggest Second to biggest share block 6900 all the beginning of November and I'll mind you this was after the game changer announcement I was like hell. I had some difficulty achieving the shares And so I was kind of frantically buying it around that time I haven't frantically bought aduro since November of last year And then finally 3,500 and 2,500 and one block of buy in December to round out six total buys in 2022 2023 has been two blocks the first block was February 9th, and I paid up for the shares actually And just as of recent of course with this run-up we're in alpha there with 7,500 block and May 15th Was the last kind of top-up block at 2,500. All right So a phase in over the last year. This is where we are and this is where we sit I'm gonna bring a couple of guests on the channel actually. I've got my brother here passive income investor He's been a guest on the channel over the years and super super stoked to have him but before I bring Kyle on I actually am gonna bring Andrew on and I'm gonna bring Kyle on you guys I got you on at the same time Andrew. What's going on man? Good to see you. It's your first time on the channel. Welcome You gotta unmute unmute your mic Well, yeah, there you go now. I got you Talk you're good. Oh Nope is Mike still out. Yes, Mike's still out. That's all right. You can troubleshoot it troubleshoot it There you go. Yeah, give me the thumbs up man when you come on in the meantime, bro You're sitting on over 20,000 shares of a duro Jesus. I need to catch up Yeah, I've watched your last offering man, you know your idea about the 5% rule It's just prudent people need to listen to that stuff, you know The rest of the portfolio is kind of established for me, you know And this is the area of the portfolio. That's the most attractive I talked about, you know, where we are both globally and domestically here You speak a lot along the lines of the Canadian perspective The US is somewhat similar and I just I don't feel like we're all roses right now And I'm I'm looking for opportunity like I always am and I'm not really sure if the most Opportunity exists on the top end of the market. I think these soft spots in the market that have taken some abuse Might might be due for some action. It could be wrong, but your thoughts my friend No, I think you're right I think in the realm of small caps a duro is a definite outlier But I think what we're gonna see happen here man is the opportunity and these stocks that have been beaten up because of the interest rate environment, I mean I've been preaching this a lot in the Canadian market because like I like following the telecom giants I noticed like financial education there was going off about dividend stocks for the first time in forever But you look at the heavy like infrastructure companies and like I follow a few like the telecom giants here in Canada Like tell us and they're paying out like half a billion dollars 500 million bucks a quarter in interest yet They're hitting like record revenue numbers and it's just crushing the company and you're like they're gonna cut rates Inevitably like everyone's like oh, they're gonna leave them high But I'm like their initiative is to bring inflation down. We're not probably going back to zero percent inflation But yeah, I hope not rates But I mean they're gonna bring rates back down and that's when these companies that have like cut the fat like the same thing with Tech, right? Well, so right now because they cut the fat and now they're benefiting from having you know All this revenue build margin off of it and all these other companies that are getting cut up are doing it now And as soon as they cut rates man, we're back. I think that's when we get back to pretty decent You know highs in the market. What do you think about the next quarter or two? That's my curiosity because yeah Going I mean September, you know, it's a 50-50 shake for September I'll look for a little bit of roll off over the next couple of weeks and then back to business for October November December I actually look for the S&P to finish this year. I hope we make it up 10% Any bonus above 10% will be a bonus for me. We started off the year so strong. I think passively for markets I think will be a Surprisingly up year right coming into this year was so bad, you know But to forecast into next year It's anybody's guess. It really is what I talked about with earmarking some of these Overhangs that are still concerning They're still there and I just think I real estate. I think the consumer is showing signs of weakness I think the access of capital will still continue to be there I think we will have a Fed that doesn't want to cut quicker I think they're gonna remain elevated for longer and Kyle. I'm in the camp that I hope we do I really do I I think we've been really accustomed to the last decade where the cost of capital was close to free and and I think that was somewhat organic and I I Think somewhat problematic and and somewhat reactive now to getting back to more of a normalized base now Do I think six seven percent is gonna persist? No, but I think to get to a core two Could could take upwards of a couple of years. I really do I think we're in it for a long trough of Just tread and water for a long long time. I really do I Are we gonna have some bang gang buster 20 25 percent 30 percent the stock market? It's it's my presumption that we do not Yeah, and I would be very happy with high single digit returns If not throw in even another couple of negative years over the next five or so years Yeah, it's like you said it's it's hard to predict. I just kind of look at it as like a pendulum swinging Right, I don't think the lower interest rates got us to where we were because they've been low pretty much for the decade Right, I think it was more or less the money printing that the government did at that pendulum swing when they just COVID hit they printed far too much money and then obviously inflation got out of control as we saw like the stock market explode and crypto Pokemon cards and now it's tightening up, but there's so much capital in the market even of interest rates say hi Well, again, I don't think you're gonna stay that high for I don't know It depends on how high inflation stays because right now It's it's a self-inflicted wound in my opinion if you look sheltered right in factor And sheltered cost is a direct impact of higher interest rates, right mortgages landlord's raising rents Some inflation for supply and demand right now that's causing that because again interest rates people don't want to sell There's not a lot of volume. I so I don't know we'll see what happens But I I think we have real potential that once we get through this whether it takes another year or two That the market is still not out of this this decade bull run I think people think we're going into a lost decade But I think with margin increasing the innovation that still hasn't like collapsed by any metric You know yeah, I think it's a bit of a bubble But it's a defining factor to all these businesses that are upgrading their margin capabilities from every different business So I think this decade is these moments are accumulation like you're doing like Good isn't small caps. There's good accumulation of dividends Like you said, I think the large caps have baked in some value, but I'll pass the question off some of these guys What's going on? I want to I want to introduce Andrew and I want to introduce Eric with shade of life for those that don't know They're Patrons to the channel and Andrew you're now part of the family man. I'm gonna make you a moderator Cool. I want I want to give kike Kyle's a friend of mine. I've known him for years. He's a fabulous mind He's about half my age and twice as good-looking But what would a new investor do now Kyle with all that in mind, you know Andrew's Disclosed there that he's a new investor. So what would you suggest as far as some prudent? You know prudent counsel in and how to deal with what's being observed now in the markets to set yourself up for the future Yeah, I'm at this point in my in my career Which is probably a little bit more prone to like where I put myself over the last eight years is a new Because the thing is is like everyone's like oh diversified by ETFs by all that I don't know how old you are Andrew But the problem is when I started investing I owned two stocks and those two stocks did very very well for me But now that I've kind of scaled my portfolio It seems stupid for me to own just two companies right so it's hard to tell a new person exactly how to invest without understanding Like how much income are they making like the time horizon all that stuff right because now I'm like most of my money's index funds ETFs dividend ETFs But again like Ryan said I'm proponently 10% of the portfolio 5% some speculative stuff We own crypto precious metals like I'm fairly diverse in that side of it But I love that you're doing as a new investor man How do you see this market because it is convoluted um I'm not gonna lie at all I have no clue what's going on. I just I know Ryan and I saw a stream up and I was like hey I'm gonna go check this out and then I saw what he's talking about and I was reading up on a duro and I I Studied marine biology and so seeing and plastic waste is like really prevalent right now And so I was just getting really into it and then now I'm like man. I'm taking notes I got my I got everything out and so I don't know a lot about what I'm doing But I'm I'm I'm hoping to maybe get started here soon. I'm only 22 to answer answer your question I'm real young, but I'm hoping to learn and see where I can go This is how it starts though, man Like you find that thing that you're intrigued by it's literally how I started like I found a part of the market Which was the MJ market long before legalization and that's kind of like you right like you're finding this thing That that is kind of falling in line with what you're you know educated in or intrigued by and it's kind of leading you down this investing path of oh, there's businesses here and you're listening to Ryan, but That's that's very interesting man. So you beg into Investing or this is a new thing you're just stepping into and you're just kind of looking at you just randomly stumbled on Ryan And you're like, oh, this is Honestly new investor might be misleading. I haven't started anything yet But I'm hoping to get started up here soon or just kind of dip my toe in the water and see how it goes I would say education is the key Eric you want to Can you mute your mic? I hear the crickets in the background brother these I'm on my phone. I'm nowhere near my computer I don't know if I can you're lucky man in the country. Yeah, it's in the background. Yeah background noise Well, yeah, I don't think I can't well. I yeah, I don't think I can on this phone. Can you not man? So well, it's good to see a brother. I can hardly see you. Yeah, I'm in the dark I'm sitting outside by my pool But hey listen get a little bit of advice to a new investor man I started way back in like the early 90s when scott trade just came around. Yes, you I'm I'm like a year out of 59 I'm heading towards 60. So I'm more looking for like the income thing ETFs like jeppy and Devo and stuff like that to pay income But I have a core Set of stocks that I started investing in long ago kind of a set it and forget it stuff like pepsi Coke proctoring gamble johnson and johnson And today they're paying me paying me pretty handsomely in dividends and this is just through accumulating them and reinvesting dividends for many years I like the the products that the vanguard vanguard puts out as far as ETFs is concerned And ryan has a portfolio based on the vanguard stuff. I wholly support that 100 But if you're going to start off, I would get you a core So to speak of some solid dividend paying stocks And if you want if you want to speculate never in my opinion Never speculate with more than 10% of anything you're willing to invest the rest make make Collect them so that they'll pay you As far as the duro goes ryan told me about a duro. What a year ago ryan Yeah, I picked up. I got I got I got almost a thousand shares of that I'm not quite up to to your power on that but I used to work in plastics I worked for lax enterprises for a long time I understood the waste is is huge the I understand that, you know, that there's a need a solid need for a company like a duro And I always supported it. I plan on picking up more shares, but because of my age Uh, and you'll be there one day. I suggest dividends man. Go go dividends At least 50 of your portfolio and just let those build and reinvest and reinvest by the time you're my age If you're not a millionaire, I'd be highly surprised Anyone anyone else want to kick in on that? I'll No, I think uh now is probably one of the most opportune times in history to pick up dividend stocks I've been talking about this relentlessly a lot of especially on the canadian side of the border There's triple a rated companies right now. They're paying out yields like starting yields We haven't seen in 15 or 20 years And these aren't companies that look like they have any intention to cut them They could cut them But when you're getting a six to eight percent yield At the likes of like something like enbridge for example, which people have been touting is going in the toilet forever And they just purchased and became the like the leader basically in natural gas Facilitating natural gas. They have the largest pipeline company in the world Like it's kind of nuts and same with like at these telecom giants, right? There's so much But again, I don't always recommend the individual side I'm looking at dividend ETFs here in canada as well in the u.s Like sehd vdy and canada is almost paying five percent now and it holds canada's largest companies like like royal bank and You know, it's just uh, it's it's a fascinating time in the mar. It always is let's be real But I mean, you know accumulation. This is the opportunity, right? I wish we could go back and kind of pick up some of the tech companies But I get that exposure through the s&p But man dividends like you're saying I think there's some real opportunity on on those fronts But on that note, I'm gonna let you guys continue on because I'm also going to start a live stream here shortly Talk about just these topics and their own probably but I just wanted to say hi to ryan because he said he was kicking out for a couple weeks and uh, I do appreciate the streams greatly But uh, I'll let you guys kick it off because I love this this demographic and this conversation seems Very intriguing, man. So keep it up. I love you guys peace out You the man. Thanks gal. Be well Yeah, very cool. I'm gonna um I'm gonna chime in on that actually I'm gonna I'm gonna keep you muted You just give me a thumbs up if you want to jump in here eric. I'll talk to andrew so I think the whole I think the whole key that I try to focus on is the philosophy of markets and I kind of try to shy away from the individuals Now it's fun to talk about individuals eric mentioned some really good ones coke procter and gambler You know Pepsi phenomenal blue chip companies. I own them all as well. So perhaps maybe like minds think alike. I don't know I would consider myself at my age a pretty darn successful fella and on route to something even greater Um, eric's been doing it a long long time, right? So it's really cool to hear these perspective of of people who have kind of been involved with financial markets for a long long time So the philosophy comes from Okay, well, you know how your life is without financial markets What potentially could they look like with and then the very simple question is You know, what are some of the guys talking about with your exposure? One of what are some of the Really low effort types of introductions to the market eric mentioned dividends stocks Um, that's a cool way of doing it. Um, I would almost if I had to go back and I was talking to my younger self I would Enter into the smp 500 to start and that way you can get some time under your belt as an investor And that way even owning dividends stocks, you know, I mean had you bought disney five years ago You'd be kicking yourself now and and five years ago Disney was one of those stocks that everybody just thought was one of the top five stocks to own forever I was one of them and I own a big swath of disney shares But you know, the company has shifted in their philosophy. They've they've shifted in their in their psychology They've they've shifted in their focus of shareholders in what they perceive to be the right thing, but shares have suffered The reason why I mentioned that is if you own the smp 500 You own the best version of the smp 500 in 2023 You'll own it in 2024 in 2030 in 2040 and 2050 And that is not to be understated Furthermore, if you own the smp, you're grabbing low cost of access to one of the best products Now that product comes in multiple forms, you know, eric mentioned that I prefer vanguard But when you start to split hairs around different smp 500 offerings, I see matt money in the group here Matt's a really good friend of mine as well Right here Super super good friend. He's a big proponent of the sp y and that's Another really good offering that gives you exposure to the smp 500 I think it makes it easy If you're invested in our, you know, thrift savings plan or government thrift savings plan through work, right? That's the index fund c fund, but this is the lower cost Kind of a little bit more put you in the driver's seat type of exposure to the smp 500 that I I think all young investors Should should really look at and not from the perspective of okay, ryan says this is the best investment rather You're going to incur ups and downs I'm telling you and it my my perspective and telling Hundreds and thousands of young investors To take a look at the prospects of that is because I know you're going to incur those things whereas a new investor You can't appreciate How you're going to react to those ups and downs how your risk tolerance is going to play against your holdings, you know Have you ever lost $1,000 in a day? I lost $2199 just today. It didn't bat an eye Right yesterday was an up $3,000 day Now those swings of the market have been evolved over time But new investors they lose $6 and 95 cents and they can lose their mind fall on tilt and they're like this sucks I hate ryan. I'm out So the idea of breaking down those barriers and access to financial markets is way more important I think than the actual asset itself The asset is the easy part The asset is the easy part, but the understanding why you're doing what you're doing Understanding how many years you have to invest understanding and Evolving your risk tolerance over time and that way maybe you add a different layer like eric stock and about with the dividend Stocks, maybe you add a different little like the speculative arm But you do that years down the line when you've had a chance to set up A dollar cost funding schedule, which is a whole nother discipline that teaches you how to pay yourself first And that's also very very important to understand in the investing game just one of those tools that you have to just kind of Kind of adhere to over time and you get used to it over time And you just don't miss that money that that is the That is the rawest breakdown of investing that I can give and that is the goods And I find it interesting how so many people Kind of stray away from those fundamentals of investing as opposed to rub all the round them That makes sense Andrew. Yeah, absolutely I mean You talked a lot about like that risk assessment and for me right now when you said like Lose a thousand dollars in a day that in my brain just right now because I'm just starting my career and kind of getting My footing here That feels like really big But then I also understand what you're saying about the more kind of you're into it and the and the more That you're in the game that that kind of risk I'm trying to read my notes here. The risk tolerance was what you described specifically and so Yeah, well make no mistake about it. I didn't lose the money There was an adjustment down on a half a million dollars of wealth Right. So those fluctuations are going to be You know Reflective of a of a down day today where yesterday was the biggest day I think and it was an up 1% day yesterday was a nice day yesterday and We gave some back today options expired today We're entering into a historically latter two weeks of september, which is usually pretty poor But none of those day-to-day fluctuations affect me in the least I have I have built a half a million dollars of wealth Not because I didn't invest But because I did so the whole root of the channel is explaining to people I don't know. Maybe you're better off to do than not to do You know, it's that simple. Eric. Did you have something? Yeah, hey, Andrew I got three 15 year old grandkids and the fidelity has youth accounts So I set up a youth account for each one of them and there are currently the first two stocks each of them I invested in for them was coke and Pepsi. We're searching for an ETF to add to that Um, two of them are already over a grand in both stocks and they're 15 years old Just to give you an idea. Yeah And when I I'm going to go through a bunch of ETFs ones that I feel are Are suited to their youth your young age and the time they have to invest And I'm just going to keep letting that build and we're going to slowly add more to their portfolios as the years go by So I'm teaching my my younger generation to start investing now And uh, you know, I bought them their first round of stocks just because I'm the grandpa that I am but um Just to give you an idea So if you want to start and you want to just lay down something on a set it and forget it style stock like Pepsi I mean, it's a good company to buy and you're going to continually get dividends coming in from them And it's kind of a set it and forget it company man I mean, how many times you walk into a gas station you see people eat and lays potato chips Pepsi you look at the portfolio of things they have and just keep going and they're currently at what a dollar 26 A share for a dividend. I mean, it's a pretty pretty darn good dividend Yeah, so anyway, I'll cut out and you can mute me again, Ryan. You're the best. Thanks, brother. Appreciate you man Yeah, I'll keep you in but I'll meet you. Yep. So I just want to highlight what Eric's talking about there He mentioned kind of set it and forget it but I'll bring him out of the stream actually. Oh, no, he's gonna have a smoke Yeah, have your smoke break man. I'll put you in the VIP lounge When we when we talk about You know the the risk associated with stocks, wouldn't Eric just say I lost my train of thought What was he just talking about Andrew? He was talking about set it and forget it and kind of having that Those those stocks set up so that you don't really have to worry about him I think if I were going to go back in time, I would never sell That's that's what I wanted to like Kind of bring home for the group if there's any like new investors If I was just going to establish Little franchises Like I have in my dividend portfolio coke pepsi home depot lows. I mean you're talking about a slew big materials companies, you know Your best consumer discretionary companies, you know across the board You know, I own most of them and those little franchises man this morning. I earned two dividends There's just about every single day. I get paid a dividend my stock portfolio that's focused on dividends Has about 98 holdings in it And they're just a few hundred dollars per holding. There's about 40 about 37 38,000 in that small niche But it's really cool to to see even a few dollar dividend pop in there, you know It's just a it's just a camp Or or think about it as a small money generator that Will render dividends every quarter and roll back into the portfolio. So You know, you take those 98 holdings. Let's say a hundred for a round number in times of by four That's 400 dividends a year every year that goes by After 10 years. I mean, I've been paid 4,000 payouts Yeah, 4,000 4,000 Now those payouts are somewhat micro But that's the power of compounding and that's the power of money is to establish those buckets So they work for you while you're not working for that money. It's just that simple I don't I don't do anything to render that coke dividend, you know I just own it and that has been some of the biggest mistakes I've ever ever had with selling stock As opposed to just looking at really sound fundamental businesses and just owning them for the long term Uh, so question on that. So so you uh, I assume you say that because you have sold stocks Do you regret the stocks that you've sold or do you think that at the time that was the best decision for you moving forward? Or what would you characterize as as why you would say that just never sell Thank you just lose sight of like why you enter into investing in the first place And that is long term In other words, if i'm buying coke today I presume that by the time my target date rolls around which for me is around 60 years old It's going to be worth significantly more at that time. Now, there's a chance that it doesn't this is investing This isn't the guarantee. Okay. Nothing in life is guaranteed However, investing what I have found and statistics will prove that the longer in the market the more of a guarantee it becomes To be honest with you Um, and and if you want to try your luck at other societal Temptations out there and try to make your millions doing that You're welcome to do that But I think to answer your question I did I do regret that stuff because in the short term you lose track of why you're doing what you're doing Maybe it's to render some profits now in some cases. I wouldn't have regretted it because the goal would be You know to swing trade that equity. I mean there was um some opportunities a few years ago during the the pandemic lows More companies like bowing were getting a double whack and they were trading for $89 a share at one micro second in time and those would have been opportunities that I would have taken advantage of and then Exited the position with the sheer intent of swing trading the name. But for the most part You know you end up outsmarting yourself And if you want to own a great company like bowing you just buy it for the long term and own it You want to own? You know some single stocks it Requires a little bit more due diligence than just the passive investing which in my eyes Takes more of an understanding of markets and discipline and applying fundamental premises That's pretty easy. It really is owning the s&p is very easy Owning single stock can be a little bit more difficult and that you have to understand that your eggs are not in 500 baskets They are now in one i.e. Disney and if Disney decides to go south on you, you know, it's it's troublesome for you Eric's done with the cigarette. He wants to come on and say hello. All right, hold on brother I got you. Hey, let me quickly highlight a mistake. I made Well, it's a success and a mistake. I started buying invidiate around 20 bucks a share I got to over 1400 shares and I here's where I made my biggest mistake I sold it when it hit $248 a share now. I made some money Granted, but had I held on to it all the way up to 800 and when it split Uh, I'd be on a big boat right now somewhere in the Caribbean going. That's nice. Yeah with me But yeah, exactly But so I do so I see I considered that speculating back then I even called the company And had him send me an investor's package and I was going to start buying an invidiate right out of my paycheck So I did I just kept buying invidiate kept buying invidiate till I got up there And I'm like holy collar at 248 a share. I got to sell before they drop I wish I never would have done that I started buying papsy when they were about 18 bucks a share back in 92 93 ish Some people say, oh, you must have spent a lot of money No, not really. Uh, my cost basis is quite low for that because I had most of my shares before they hit 35 bucks a share um And I just keep getting dividends and dividends from and now I'm just Yeah, I work because I want to let me put it to you this way. I'm an electrician I like to work. I do I do robotics. I do controls. I do stuff like that I kind of get an enjoyment from doing that kind of work. So I still work, but I don't have to anymore That's kind of where I'm at in life um So get carefully set your core stocks Like, you know, like pepsi like coke like whatever So you got dividends coming in and if you want to speculate fine, but just don't do it with a ton of money Yeah, I got a 10% rule man. If I'm gonna speculate I got I don't know half a million dollars I'm gonna I'm gonna do use 10% of that to speculate the rest is just gonna keep making me money So that's how I work. I think I kept your 10% rule Yeah In a lot of capacities Yeah, I I didn't break your rule. I'm good. I think I'm good. I know I'm good All right, cut me out though I'm gonna I'm gonna go so cut me out. I'll get back into the chat, but I'm gonna get off the video for now But sounds good. Sounds good. Take it easy. You'll make it. You'll you'll make it. Andrew. You trust me. You will Thanks. All right. We'll see you Take it easier Yeah, man. So music recommender. He's got a really cool one here To start the ropvi array That's an addition to any employer sponsored program that you could do Myself and my spouse have the individuals as well. So those are really cool. Okay. It starts that that adds that additional I think we're up to 6500 dollars again for 2023 for total Contributions, but like what he's saying, you know, you can contribute those Um post tax, right and the tax obligation is complete, right? So you can put those dollars in there to grow tax-free over the course of your life I would do that as early as you possibly can And I would consider preserving those dollars as sacred as you can in a way that You never touch them Yeah, tell you and tell you you have to you're gonna find Andrew that you like me You know living in living in the United States is a privilege and You could be happy with significantly less than what you're paid And not you specifically but in general if people can just separate from their money And realize that we do all right for ourselves and we don't have to spend everything like assholes all the time That that that a pledge to yourself would be to take that surplus capital and put it to a program for yourself Now ironically by doing that you're going to grow more capital than you know what to do with but hell You want to be a Philanthrop philanthropist someday, you know, that that's a noble cause I mean if you want to start a legacy That's a noble cause if you on a simpler basis want to have the ability to take care of yourself in case of a An unexpected family emergency not only for yourself, but maybe a family member, you know I mean money allows you to To take care of some of those scenarios in a lot of those cases. It really does come down to money Why do I say that people add you're sick the root of all evil? No, I really have talked to people who have been wiped out by hip replacement financially wiped out Many many conditions A lot of medical conditions that have have Overcome somebody and it's it's a choice of life or death. Well when those choices of life or death come Even tapping into funds that you don't have To continue a quality of life is is is something that is real And you have to acknowledge those things and money gives you the freedom to free some of that up, but Like what music's talking about here to get those accounts started and grow that money tax-free. I mean you contribute You know 150 175 thousand over the course of of your life That account could be worth well over 1.5 2 million dollars by the time you reach the besting age of 59 and a half And and that 1.5 1.7 2.5 whatever it is is withdraw eligible tax-free So we're very very powerful when you look at compare the contributed amount to the amount of eligibility for withdraw So super cool. Yeah, absolutely um I was I brought it up in the um, what's it called? in the chat here a little bit earlier on the youtube, um, I I know that they have like a bunch of apps and programs now that you can buy Stocks on and and even for a brief period Um, like a couple years ago. I was you using acorns just as like a passive thing that would Invest the spare change thing and I used that a little bit And then I just kind of fell off of it and I stopped using it But I was curious like what kind of programs. Do you like to use or do you recommend? um as a Thanks, Eric as a new investor. Do you do you like? Um, do you would you recommend? Yes, it's an awesome question. And I think sometimes people kind of Um, overshoot this category And by overshooting it, um, sometimes they undershoot it Um by opting for robin hood as their primary account Um, we've gone full circle with the discount brokers The discount brokers being The most notable one robin hood less known mumu Weeble, which I do have m1 finance, which I Absolutely have and is probably the least of the of the aforementioned m1 finance So the links on the new ones should link over you should be able to see my portfolios in the description So those links do work I made sure that the new links on the new on this video in the description if you go down and look at like Vanguard dividend portfolio, you should be able to click over and actually see all the see what's there um That's a really cool feature to actually kind of share portfolios. I I don't care But those discount brokers um m1 finances is very unique in that is it's kind of an invest and forget it It's very conducive to passive investing Which can be a very good thing for new investors because it removes the temptation of An access to trading in and out of your money in other words It's not as conducive to trading in and out of But it's really good to invest and forget it and build those accounts up over time and Those ones that are examples they're started in 2019 and 2020 respectively and The one is staring down 30 and the other one's staring down 40 to 43 thousand So in just a couple of years just by funding those up over time smartly Those dollars go in there and they grow. Um, that's what they do But but to circle back to your answer and give that little elevator pitch for caution on the discount brokers as a primary broker Um, I I think if I were in your shoes as a 22 year old, I would look at some of the more established brokers Um, I would look no further than number one and two fidelity and TD Ameritrade I really like Charles Schwab It's ironic. I do not have a TD or a fidelity account because I am so rooted in with Merrill Which is Bank of America, which I I am satisfied with them More so from the perspective that it is big and established and If I want to find an ATM and Austria, I can find it Yeah, it's big. It's you know, it's an established whereas I don't want the bulk of my money with Robinhood I I don't have that level of trust And trust for me is huge For a lot of people the aesthetics are huge. In other words, they may come and they may say ryan, you're off weevils The greatest thing ever moo moo is the greatest thing ever They love the aesthetics don't love your broker so much that you Fall head over heels with it and miss the element of what i'm discussing with regard to reputation reputation for me means a lot Um, it will be up to you to kind of find that but at the end of the day Your broker is your conduit to the market In other words, I own vanguard products in my Merrill account I own vanguard products in my m1 finance account, right? So the broker that I have is just the umbrella and I can place assets under that umbrella in the capacity that I want So don't don't misconstrue it if you own fidelity that you have to own fidelity products It doesn't work that way. You it really is just your conduit to the market and I would look at td fidelity Joshua Merrill vanguard I've heard people be very they're very happy with chase self-directed program ally self-directed program Haven't ironically heard a lot about sofai, but sofai is a big craze amongst new investors I haven't heard anything On on on on sofai. I own a lot of shares in sofai be just because I think they're attempt at Radicalizing the banking industry, which has been kind of a dead for a while Um, I think they're making really good strides in that they were the student loan company for a while. Andrew You're familiar with sofai But yeah, yeah, hopefully that answers your question do a little research. Don't don't get too crazy on that If I were you I wouldn't stray too far away from my top five recommendations and really with an emphasis on the first couple You'll be very happy you did Yeah, uh, sounds good. I'll definitely be sure to check those out and do some research on them. I did pull up the the Description on the video and for whatever reason I'm getting an error message when I click on vanguard. Oh, yeah So, um, maybe that's just my my system. Um, but I can uh check I will check those out though Yeah, no for sure. And I will check it on my end. I want to see Maybe I can jump in and actually look at it myself here I will Jump down jump in It should be down around here to the dividend by folio. You see this on your end. Boom. I click it It should be down around here to the dividend by folio You see this on your end. Just put these in your last clip. So somethings should be down around here so I didn't apologize for that No, no worries. I just was curious. I want to let you know Yeah, for sure. No, and if worse comes to worst, I can actually share those via direct link to you It's not a big deal. Like if I emailed it to you, which I'll do Um, that'd be great. You can just fire. Um, here's my uh fire over something to you here there it is That's my one of many emails And I'll respond with the other emails I manage about six accounts, but that that'll get to me Um, and I'll just I'll just attach that link so you can take a look. You'll enjoy it. It's fun man go through and see how I Own the sectors of the s and p 500. That's kind of cool. There's 11 of them I own all 11 and any tf's So that's kind of cool And then the dividend portfolio is fun to just kind of scour through you'll see some of the names that Eric talked about But uh, you're fun doing it. That's fun I geek out on it a little bit, you know, what the hell? Absolutely. Yeah, cool, man But yeah, just uh kind of trying to absorb all the information and then just reading up on on all this stuff So theoretically let's say I I was gonna go I I read more about a duro and I really liked that and Um, just for the sake of the example I checked out like either on vanguard or or maryl That I wanted to buy stocks from that Do I just go in and say I want to go buy stocks with a duro? And then how does how does that process work? I've never bought stocks the only Like real knowledge I have about it is that my my uncle bought stocks way back in the day And he's like when I die you should hear the words kaching and that's yeah, that's all I really know And so I haven't really looked much into it or really been I've heard it. I've heard a ton of stories like that actually for general what generational well Been created you talked about errick talked about it tonight too on the stream Um, it's very powerful. Um, I'll I'll give my kids my legacy that I don't do that for this I do it for the the win of the order, but um When it comes to a duro, it's you're gonna find some difficulty on the major brokers now my understanding Um, and don't quote me on this is that they are accessible both on td as well as fidelity I will tell you that they are not available on meryl At present um, if you wanted to call broker services and bark up their tree and be like hey what the hell But the last conversation that I had with them barking up their tree is that they explained to me that they were Going to wait until the shears got to five dollars and then and then offer it a lot of brokers are pinching availability to OTC stocks which are pink sheets. They're penny stocks, right for all intents of purposes So they get a black eye because everybody has seen the wall full wall street and just expect that everybody is, you know Trying to try to get over Duro and many other companies that I scour along on the top 1 percent and some of the schools of thought on some of the Circles that I follow through social media actually do the same. There's some really good companies out there phenomenal and There are books written on this, you know very idea that getting in on the ground floor is it can be a very powerful idea now I just have to caution a new investor, you know that what i'm doing is just about as risky per se as as as anything else in other words, it's not like buying johnson and johnson And that speaks to the share availability and the company just coming public less than three years ago Really the notoriety of the company has just been made known about their splash and what they're doing with shell oil But you you you will find it difficult to do that Unassisted you may have to call and do an assisted trade and that that's do all doable And that's one thing about working with the aesthetics of your broker when you start a fidelity account or td Or or meryl. See, I don't want to switch away from meryl because I know every nook and cranny of the broker, right? So you ask you ask me questions. I would say that the answer is just Education and familiarization with the platform of your choice. It's going to be it's going to be part of you, right? It's going to be you're going to be able to pull it up mobily And and monitor that you're going to be able to work with the interface on the desktop, you know um But that That is is really the the nuts and bolts of acquiring Stock buying buying apple computer is easy. You could do you could buy five shares of apple That's simple microsoft because the shares are so readily available But when you're looking at those tight floats That you know, I mean i'm i'm really scratching the surface on an aduro clean technologies where you know It is it is relatively an unknown even with the blowout announcements that they've made. It's not institutionally known It's not being institutionally bought It will and when it does it it's going to it's going to change and rewrite the stock for sure because if you look at the daily volume It's it's absolutely anemic so but um, I You know, I think you would have some success with the top tier brokers td fidelity Charles Schwab. I know you can get them And Charles Schwab is a broker that I recommend. They're they're quite good. I've been very happy with their desktop and mobile application very very reputable of quite good um I just so happen to own my shares an interactive broker And and that is not a broker that I would recommend to a new investor. It's very very complex very intuitive And at why you know um It's it's just not necessary at this point But it just so happens to be one of the few that actually I had the easiest time Um accumulating some shares in aduro and it was easy to do so And I haven't bought shares as of late because I I've heard some scuttle But that some of the brokers are kind of pinching down on some of that activity Even on merrill it used to be easier to accumulate. They're just not accommodating that anymore You know you pop big and they're on the hook for a sizable profit to the investor and The the flip side of that is a lot of investors get involved and lose everything they have So now they're dealing with you know, large payout obligation or they're dealing with a bunch of pissed off customers You know, why do it? Why not just curtail and curb that activity and merrill has really done an aggressive job of that and and it It's okay because I don't carry the bulk of my business with them in that capacity. So I have to seek it elsewhere. Yeah Yeah I had a question and it totally just escaped my brain. Give me just a sec to think about it real quick. No, you're good, man Very cool. I will be probably six more minutes. I think andry and then I'll shut her down and Take the time off man. I I probably Yeah, I get on with my evening and find a nice netflix to put on or something Absolutely before I saw your notification. I was playing rocket league and I was like, oh, you know what? Let me go see what rides up to dodgy did man. Very yeah me too Um Shoot, I can't figure out my question to save my life. Oh, I figured it out um So I I did what you said and I I looked at twitter and I one followed you and then I followed the duro clean technology Um, so I'm gonna read that report later tonight before I go to bed. But I was curious. It's really good. Um How do you find like those penny stocks? Like I know that like I know that that might be a silly question but like like Did you read up on it and think like oh that seems like a really worthwhile one or did you like I know it probably took a lot of research. Um, not to downplay that at all or just like I I don't think you're the kind of guy to just go out on a whim and be like, yeah, that one looks okay Um, but how do you one? How do you like find them? Like is there just like a A list that comes out annually of like, hey, here's all the penny stocks And then do you just like follow them or read up on it or or where do you go to look for stuff like that? Yep, so for the most part the otc markets are broken down into three parts. There's otc venture otc quality board All right Um, I have covered companies on otc quality board Which is more of your higher upper echelon more audit scrutiny will go over those Um, and I've actually successfully covered companies that I've that have entered into the masdack, which is really exciting Um, kind of solidifies and it kind of proves that it is the proving ground There's no doubt about it. Most of those companies will end up failing Um, because the allure and temptation to bring technology to bear that is the that is the very check and balance is through the otc markets Unless, you know, you're such a good idea like arm or or berkenstock came public, you know, my favorite shoe company A valuation of seven billion. They're going to be ipoing here shortly, but uh You know, it is it is a consensus amongst a group of thinking heads that bring these opportunities to me Um, I'd be lying a lying asshole if I came on to social media and I said it was all me That's not the truth And I don't think you were in here at the top. I actually thanked the gentleman who actually made the referral to me And I guess you I was there for that. I saw great great, you know And that that's important because those those thinking heads on social media share Um, what they? Um, they spend their time in a niche Um, it is it is not my niche Um, it is it is fascinating to me. The the timing is great. I love to carve out a piece of the portfolio to speculative investing And that's what this is speculation Um, I like my quality to be a lot more than just throwing a dart at a dart board So yes to your point. I take it very seriously. I get solicited with people sending me companies all the time Just because of my forward facing social media presence, right and it's like You know companies are brought to my attention In a lot of different capacities Right now i'm covering five the two most Interesting plays that i'm covering right now at derail being one of them the second being highly unholdings those are the two Major conviction companies that I have right now and both of them are in kind of the climate change Low carbon impact plastic recycling right those initiatives um Now highly on was also brought to me Through social media and and I think that just speaks to the importance of the network And understanding that there are conduits like myself who if the opportunity serves itself It's a great opportunity to kind of blow it out to a larger audience And introduce those those opportunities now. It doesn't mean that people have to fall all over themselves But it certainly does clean up the necessity to walk into the analogy that I used walking into a desert of You know a potential find of 10 000 stocks and you've got to dig for each one of them It's certainly not like that for me. I don't come come over watch list. I used to it's a waste of time I'll come across a stock that may have wonderful fundamentals. You'll buy into it. It'll drop 50 percent in a week Yeah So don't think for a second this game is about finding that perfect stock looking at it evaluating it Making a fundamental assessment and having that stock just creep to the upside. It's just not like that You'll you'll invest in a piece of garbage company and make money from it Conversely, you can buy the greatest conviction Company out there and lose money doing it And that that that needs to be coined in a box to understand that speculation is just that And we're looking to carve out those pieces that that in both of the opportunities that I have that are I'm big conviction on in my speculative categories I think kind of are about as far away from speculation as they can possibly be Because they are leveraged with big industry highly on is leveraged with pay your bill They're leveraged with Cummins And so I think it's important to understand that these small companies As much promise as they might have it certainly helps to look at their connections with them within big industry And I've highlighted a few of those with Enduro tonight. If that makes any sense Yeah, it's a tough question, but it's a good one. Mm-hmm. Absolutely Um, I I'm sure that you and I could talk about this for For on and on, but I don't want to keep you past your time I'm gonna do some reading and and get into the research and Check that all out and I'm sure I know I thanks for the email. I know how to reach you Yeah, man And uh, it's been a pleasure talking with you and and I'll I gotta keep joining these because I'm Yeah, man, so much now. It's a lot of fun, man. You notice how the network chimes in to help people Yeah, that's pretty common place and we've been doing this for about five years plus on the on the channel It's a lot of fun, man. It's a great environment We speak about the money topic as it's a little more common place than then people would maybe suggest It's a little more faux pas. I blow down those barriers for people. It's it's a lot of fun for me. Yeah. Yeah, absolutely Good good stuff. Good stuff. Yeah, Andrew. Manful. Thanks for coming on, brother I hope you learned a bunch and have a good have a great evening Have a great great rest of the day and night and weekend and I'll catch you later Yeah, you too. Enjoy. Enjoy your Netflix and enjoy your break, man. We deserve it. We'll do. Thanks, Andrew. Be well Very cool stuff, man. I enjoy the heck out of that man. Very cool to kind of bring it home kind of Outreach I used to do that on the live stream more often than I have been in a little bit of a Of a habit of really just running the live stream myself just because I'm such an entertaining fella But I I do like that outreach You know, Andrew's 22 I'm in I'm in my mid 40s. It's really cool to get those perspectives, you know, eric came on I thank him for his time And finally kyle with passive income came on again if you want to reach out and find those links It's really cool to hear that the message of referral comes through the channel as as as good as it does You know, there's a lot of people out there like andrew that are hungry for information and We try to streamline that information Again, it doesn't mean you have to act on that information but information is key Information can be very very powerful And information if it's the right information can be very very lucrative and I wanted to take this opportunity this evening At least for the first half of the live stream and highlight what I thought was just an absolutely phenomenal Phenomenal month for a duro clean technologies and many many more to come Um, I I would again encourage you guys to read over some of the literature that we've passed through subscribe to some of the social media content creators that we've highlighted this evening as well as kick over to twitter and follow the story It makes us that much more powerful as a group if we can speak intelligently about some of those companies out there That are bringing initiative to the table as I appreciate you. I won't be on next friday We're going to skip the live stream next friday I will be involved in a work related Obligation and I do apologize for that but nonetheless, we will be back Hopefully in a couple weeks Hopefully It's a two-week obligation and I'm hoping that second week we're back but nonetheless, hopefully We can get some Material changes to the north here in the stock market over the next couple of weeks Get through september and move on to the holiday season the year's end as I do expect it to be a little bush Coming into the years in 2023 and and watching some of these great companies that were that were cover and start to materialize And a duro was the theme this evening Really appreciate you guys tuning in and catching that message this evening guys. Thank you so much for tuning in to the entire live stream I appreciate you it's a faster 60 minutes on youtube. We'll catch you in the next one guys. Be well. Have a great weekend We'll catch you in a couple of weeks