 Welcome everybody and happy Friday to all the patrons of the independent investor channel message. We have been putting down live streams here for a few years now on YouTube. We do that to reach out using the power of social media to reach the masses. This will be released to the masses only to be enjoyed by the few and there's a lot of different reasons for that. I don't have a lot of charisma. Investing correctly in the stock market is actually super, super freaking boring. It is a shallow topic, that of which invites a ton of scrutiny for me on social media. If I was a power animal, I definitely would be a rhino because I've got definitely thick skin to put up with the bullshit that I put up with to actually provide this product from week to week. But here's the bottom line, nuts and bolts of it. People for the most part are a freaking disaster. We all, myself included have our deficiencies and we're all just trying to get ahead a little bit in this life, trying to carve out something maybe potentially a little bit better. Hell, I think half of the population doesn't give two shits whether or not they scratch a head a little bit in this life. They're more interested in showing off to the neighbor and actually looking at how much shit they can accumulate over their life. And good on you. I wish you all the best in trying to accumulate your stockpile of garbage throughout your life. If you do end up tuning into my message, you're going to get a different twist, a different mentality. If you look to subscribe to my channel based on my subscriber base, you're probably missing the value and the real talk that you'll get from me. So I'd invite you to subscribe. If not, you don't like my boring, non-charismic approach to this investing gig, that of which actually does work, which is what I come on every single week to share. How value investing and how contrary to our favorite son, Warren Buffett, would suggest that somehow diversification is for idiots. I couldn't disagree more. Retail investors are not Warren Buffett. I'm not Warren Buffett, and I look to speak more for retail investors as opposed to trying to buy into this, trying to pick three or four stocks that can outperform over the decades. This is a mathematical game that we play here. And by participating in the stock market, winning over an 8% to 10% rate of return, it becomes a lot less about being a tried and true investor and actually finding that value on the balance sheet in such that would suggest that anybody out there can find those magical four stocks that are going to stand the test of time. When I pose it that way, realistic people can look at it and say, wow, you know, I really understand where Warren's coming from, and we're not playing with the billions of dollars that Warren's playing with. We didn't have the timing that Warren Buffett had to start Berkshire. So what do we do as retail investors? I think number one, I'm going to give you guys a hit list of some of the summary of what I've shared through the channel over the last three, four, five years on YouTube. Really trying to get people to understand what personal empowerment means, how to actually go out there and make sense of this investing nightmare for a lot of people. And a lot of people don't do it just because they're so scared about what they see, what they hear. They fail to understand the opportunities that exist in investing, if done correctly. And I think a lot of people know, even since I've started doing YouTube some five years ago, brokers at the time were still charging monstrous investing fees, management fees for assisted trades I paid upwards of $50 to actually buy a stock. So for those new investors that come into the play now, they look at this opportunity and it's all access stock. As quickly as I can fall over myself and download Robinhood and get those GME shares into my account, I can be called upon like the great investors like the independent investor channel IE Ryan, who comes on every Friday and talks about how badass investing is. I think a lot of people need a governor, if they want to stick it on their head or stick it up their ass, whatever they need to do, they need a governor to understand how powerful stock market investing is. Retail investors have been given a flood of access to the market. Now, what do we do about it? Do we just fall on tilt and just buy everything that we see? You can. That's what you want to do. A lot of my philosophy is corralling opportunity. Because you actually have the power of going out there and finding that next best thing. That stock that you can put $100 on and it's going to shoot to the moon and make you a multimillionaire overnight. It doesn't matter what broker you use. Robinhood, Webull, M1 Finance doesn't matter. The power is out there. The problem is the masses out there are looking for that very opportunity. Instead of just stepping back and saying, hmm, this is interesting what Ryan talks about. He did talk about the potential, albeit very lean to find that needle in a haystack to shoot to the moon and maybe even have a few years of investing to understand what type of tolerance you have to financial markets before you even engage in such speculative investing, advanced investing. Some people may segue some dollars to take a shot. I think a lot of people need to actually consider the opportunity that can be made possible by actually taking a shot in life. It's made all the difference for me. Every bit of the shots that I've taken in life, every bit of those big life decisions that I've taken at the time, it seemed very, very scary when I couldn't afford my first house and entered into that first mortgage for $140,000. Now people are justifying mortgages over half a million dollars without half of the income I had at the time and justified those decisions, which ended up defining the course of my life and some bad decisions and some really, really good decisions. And I think that speaks to a lot of what people are trying to define for themselves in this minutiae that we call life. Try to define these things about maybe living a healthier life or getting a handle on this financial nightmare that most people are definitely afraid of. And I know this in my validation from person to person to person that I speak of. Financial savvy escapes a lot of people. I really do think that there's a lot of people out there and the worst ones are the ones who think they're really good at finances and they're horrible. Even worse are those people that make a ton of money and they think they're really good at finances and they actually really, really suck. I've met people across the spectrum. I've met people with net worths, very, very impressive net worths that do not reflect the year over year salaries or incomes that they make. So it is relative across the board. I do not discriminate if you feel like you've gotten money licked and come and be a guest on my channel. I invited some guests this week. I was throwing out the invitations like candy this week. Chopping that out, baby, because I kicked the door open to social media every single week. And I'll be damned if people want to come in and actually talk with me. I'd be calm, considerate. People want to use my good name for their own benefit. It's amazing how people focus on other people. Remember when I said that people have deficiencies? This is one big one. People spend the majority of their time actually sitting back and wondering what they can pick out of people and what they can try to understand about people and how they can feel bad for people when maybe it's themselves that they need to actually take a moment and actually look into the mirror and figure out maybe what they need to do to change their own course of their life. So it's amazing. I don't come on to social media unscathed. There's a lot of people who get a pass. No doubt about it by giving really, really shitty information. Some of the biggest channels. Good people, perhaps, maybe I don't know them. Their information sucks. Information sucks. Stock buys to buy. All that's garbage anymore. It sucks. Yeah, you can buy Pfizer right here at what, eight times earnings and make 20% over the next two years? There you go. If that's what you're looking for on social media, lovely. There you go. I just gave you the goods if that's what you're looking for. That's not what you need. It's not what you need. You need financial intellect. You want to be a stock analyzer? Fine. Make it up as a profession. But if you are not a stock analyst and you do not do this for a living and you do not have the time nor the bandwidth, which most people are stupid. Most people are stupid. Get over yourself. You need to focus on an avenue of investing that is conducive to your needs. Stop trying to adhere to Warren Buffett. That's okay, Ryan. Warren Buffett owns Moody's and Stanley Black and Decker and Coca-Cola. All I have to do is buy those stocks and I'll end up like Warren Buffett. No shit. Therein lies the intent of the Independent Investor Channel. Holy moly. Get yourself a drink or one because you need a dose of reality. You really, really do. There's only one voice on YouTube that actually speaks like me. I have all kinds of reality to dish out to you guys tonight. I really do because I tell you what, man, social media is such an interesting thing and it's purest form. It's lovely to be able to reach out and share with people in the granular nature in direct conflict with what Warren Buffett would suggest that my value portfolio is actually whipping some ass in 2022. Interesting. Interesting. I should have taken the entire wad and just bought Coca-Cola at, at the times, 40 times earnings. Just bought it this week. It's come off. It's about 25 right now. But I should just take all of my portfolio and pick my top three Hauses and just pick three stocks. In this stock market, if you want to buy into that mentality, go right on ahead. I am not your father. I'm just your friend through YouTube who comes on and with a small voice through a very, very dark corner of YouTube provides some light on what we consider now to be the absolute jungle of the stock market. Guys, I'll be back with you in just a moment. A lot of people could help themselves and just take their natural inkling to the stock market. If they have those natural impulses to do one thing or another, just take that idea, put it into the garbage disposal and flip the switch. Just flip the switch on your well-tuned ideas. Do that because if you're not willing to just take two steps back and focus on a plan on what is right for you then you're not approaching stock market investing in the correct way. When I mentioned at the top of the live stream and as the title would suggest tonight, I'm going to give you the goods. If you want to be an analyst and you want to pick those stocks over the course of your life and become a value investor, it's going to require you to have to pick those companies. Warren Buffett would suggest that very, very few companies actually meet the muster of being a near perfect company, very few. With that said, you look at it and you're like, okay, Ryan, what is it that we can actually do? Buying financial markets actually pulls you away from the requirement of being a stock analyst and actually enters into a realm of matching the overall performance of financial markets year over year. So then we can actually look at historical percentages of rates of return and identify which of those broader markets or broader indexes have returned a favorable return to investors over the decades. Now, we all know that historical returns are no measure of future success in the market. However, however, it does open up the envelope of potential for more people out there to adhere to a strategy like this where you are only looking to achieve a year over year rate of return that is going to complement itself toward the compounding effect into the future. And this opens up a wide range of people who can actually participate in financial markets, which is what I talk about all the time and actually succeed at it. They don't get overlevered. They don't buy the wrong stock. Coca-Cola in its purest form is really, really bad for you. So if you sit back and you're like, geez, Ryan, I don't really like Coca-Cola. And Matt's in the group here, I see him. And they happen to pay 25 times earnings for a beverage company that makes sugar and carbonated water. Really, you might want to just have your head examined, a $243 billion company like Coke is dividend king. It's a phenomenal company, phenomenal beverage company. And they have such a wide moat. We would think it odd if we went it through a McDonald's and found a knockoff brand to Coca-Cola. And Coca-Cola is a fabulous company. We know this, but you find it interesting how these companies that have these established moats are really, they're given favor in the market. Tesla, Tesla's one of those right now. I just don't understand it. Never scrutinized, never to be called into question as to what it is that they're doing through their initiative and presumptions and what Elon Musk says. It is what is going to be in reality. And as an independent thinker, I don't mean to be a contrarian asshole all the time. I mean, but geez Louise, if I don't fall in line with the rest of the lemmings, I'm looked at as a bad guy. Like, geez Louise, Ryan, can't you just like enjoy this Tesla ride? What, like RKTFs? Come on. I was scrutinizing of that. And I think Kathy Wood is a phenomenal investor. Okay. But when I was scrutinizing of the RKTFs at the time, I got so much hate through social media. It was insane. Right. And I just find it funny how we cannot just sit back for two seconds and look to just scrutinize what it is that's being put in front of us. Okay. We're being inundated with stuff all the time. Look, there it is. Make your own decisions instead of just sitting there on the couch and nodding your head like a freaking bobblehead. Yeah, that sounds great. That sounds awesome. All right. Elon 50,000. Okay. That's a tentative estimate. All right. The number going to be like 875 as opposed to your tentative 50,000 by the end of 2024? Has anybody ever challenged you on whether or not the fleets even want your product or not? Yeah, I don't know. It doesn't matter. In Elon, we trust. I don't know. I think once this current president is done, I think Elon should probably just go for the office. Crazier things have happened. He'll probably be voted president. It'd be great. Let Elon run the country. It'd be fantastic. How about that? And then all the lemmings can be happy that Elon has made it to the highest office in the world. I don't know where we go from there. Go to another planet and start a civilization there and just deem him king dipshit of planet craziness. I don't know. Maybe that's a good idea too. But I looked to challenge this idea, man, that people it seems like have just gotten absolutely dumber. And this whole idea of scaling back on your opportunity to enter into financial markets smartly should resonate with people. This whole dichotomy between tripping and falling and downloading Robinhood. And as you fall toward the ground, you're buying that GameStop stock. As you fall to the ground and you hit the ground rolling onto your side. And as you look at your phone, you're excited because you've got $50,000 tied up in GameStop right now. You are an investor. You are going to the moon, baby. If we can just set that aside for just a second and just say, look, investing now, guys, let's just say it for what it is, it's freaking free. Investing is free. If you're paying to invest, you're an idiot. You don't need to pay to invest. And this whole BS right now of crawling to a financial planner and having them give you some strategic edge. I've said this many, many times. This is the very facade that I've talked about throughout the life of the channel. There is no strategic advantage at all. Okay. Invest in the indexes and you'll be fine long-term. Fund the indexes over time. My TSP right now have been funding it 20% to clip out of my paycheck. It's almost dead even for the year. And the S&P's down what? 23, 21%. I don't know. The market recovered this week. That was a nice little reprieve. Who knows? People are talking here. Aaron was one of the first ones in the group here investing with Aaron. I'll highlight his comment here because I don't mean to pick at it, but I wish we would stop with this dialogue. I don't know which direction the market's going to go into. I've always suggested the higher rates on the market was actually healthy for financial markets. Okay. Now, I think the rate of increase has put a systemic shock to the market. Absolutely. I think it's going to put a freezing halt unless people are just like whoopee, yeah, give me a 7% mortgage on my 30-year mortgage in my $750,000 house. Right on. I'll end up paying $2.25 million for it by the time I'm done with it. I don't know. I'm not going to be there because I'm not a lemming. Okay. But I don't know. It's a little bit different than it was at 2%. Now at 7% buying a home. Okay. Now where the financial markets go? I think we should start moving away from this dialogue. I really do. I wish it would be more commonplace to take on a little bit more diplomatic approach like I know and say, hey, it could either go up or down. Might I suggest again that the markets could either go up or down? Who cares? Who cares? I mean, I'm buying right now based on this 25% sale that's being provided to me. I shared with my private group this week. I'm buying. I'm buying. Will the market go down 50%? Don't know. Good. Yeah. But I'm making decisions based on what the market is telling me now. I'm making decisions based on what the market is telling me now. If the market goes up from here, I will have bought at a 25% discount to the market. If the market continues to go down, then I'll have a decision point to make either fund markets more or hold true long because I am a long-term investor. And that's just the way it is when it comes to the bulk of my portfolio, which is ironic to me because I catch the majority of the flak that I catch through social media based on a 7.2% holding in my total overall portfolio. I still sit on a massive, massive amount of wealth and people are like, gosh, maybe I should be concerned with Ryan or maybe he's a little too scathing on Twitter. You know what? Go focus on yourself. Please. I'm begging you. I don't focus on you. There's no love lost. All right. I spend 99.9% of the time focusing on this guy, which is what I would implore you to do. Employ you to do. Please take a chord out of my playbook. Okay. Think about it. Some of you guys are sitting back being like, Jesus Christ, that's all I do. That's all I do is just focus on everybody else. My goodness, I spend my entire life judging others. I'm going to get reached 65, 70 years old and realize that I never focused on myself one time. I was always caught up in the freaking lifestyles of everybody else and scrutinizing what everybody else is doing. That's the, that's the sheer path to destruction. It really is. Okay. And for those people that buy into my empowering message of just focusing on what decisions you can make. Okay. And you heard what I said about what most people should do is really look at the stock market as a very, very powerful mechanism. And the idea is to step into that mechanism carefully, constructively with a plan. Okay. And don't deviate on that plan. Step into the plan defensively. Don't step in with, with both feet at the same time. You'll get burned. Scale into the market. It's okay. If you have $50,000 to enter into the market, invest 1500 of it. Who cares? You live to fight another day to fire another $1,500 into the market and later date monitor it. Give yourself a chance to succeed at this gig and you'll find out you'll step into a much, much better mental state of mind when understanding the stock market. That's why when I get all the scrutiny, the first thing in my mind is you don't know me. You don't know me. You don't know that I built my highly on position on house money. It took me 25 years to build up to taking a stab at a company that I 100% wholeheartedly believe in. Okay? Wholeheartedly. All right? It doesn't mean that I've gone off my rocker. It doesn't mean that I need to sell everything and go on tilt. It doesn't mean that. It just means that I invested in a company in the early stages of that company, the same as I've invested in so-fi technologies and the same that I've invested in Palantir. Okay? I'm not just going to fall on tilt because those companies have taken a digression. No way. They're fabulous businesses in their own respect. And I'm an investor in companies. That's just what I do. For retail investors that have less than 10 years of experience, should you be filling your portfolio up with those investments that require much higher of a risk tolerance? Of course not. Of course not. Buy the Pfizer's now that are trading at 7, 8 times earnings. Right? Buy some of those regulated utilities. Buy the S&P 500 off at 25%. Okay? Those are the realistic steps into the financial game, that if you're stepping into the right account and stepping into the right free access to the market, now we're winning, getting you to a better place in how you actually tackle this animal correctly. Live to fight another day. Don't skin yourself right off out of the gates, man. You'll end up being super, super disappointed. But I wish we could stop calling the directions of the stock market. Alright? Invest in good, not garbage. That's another good one. There's a lot of YouTubers out there that just recommend garbage. And it's like, dude, they've got the most elegant setups. Some of the most, some of the coolest YouTubers that I've seen come up through the ranks, man, they're all selling out. And they don't believe they're selling out and people eat that shit up like pigs and shit. It's crazy. It's like gimme more, gimme more, gimme more. The more YouTube that I consume, the better investor I'll be. Alright? Define irony. Okay? You need to shut YouTube off. You need to shut social media off. If you can't get the tools of investing from reading a book or hearing me out on what I openly disclose as being those tools in investing, you don't need to watch a ton of YouTube because the irony of YouTube, the great irony is the problem is most people that come onto YouTube and look to be a successful YouTube and the finance niche have to tell you what you want to hear and they don't adhere to what you need to hear. Alright? There's a big difference in that. Okay? Big difference. It's rampant among the big ones. To be honest with you, man, every now and then and I've blocked all the big ones and I don't like them at all. Especially the biggest one, the one that I despise the most. It looks like you're sick. Too much social media will kill somebody. I don't think human beings were meant to mix with this social media crap. I really don't. The younger generation, man, I feel super sorry for you guys because it's as if nobody in their younger generation wants to go outside and roll around in a big freaking mud puddle anymore. Nobody wants to do that. It's sad. Invest. Invest correctly. Let it do its thing. Okay? It's not a day that I don't wake up and make dividends. Oh, I feel bad for Ryan. Why do you feel bad for me? I'm totally fine. I have a phenomenal career, a phenomenal family, a massive portfolio. I come from nothing, so I appreciate every dollar. I get to do this project. It's an absolute dream come true. It came from my own hard work. This was my product. Nobody gave this to me. I started it from nothing. And it's evolved into a place that you see now. If you want to see how this project has evolved, go back a couple of years and check out the live streams from before. You'll find that my voice is coming through crystal clear. And my elegant, beautiful face is coming through so clean now because I've got one, two, three, four, five, six, seven lights around me, maybe eight. Yeah, maybe seven. I've improved all that for you guys because I want to avoid distraction. No distraction. I want to hear the words that are coming from my mouth. Okay? Here's an idea for you. Put this in your pipe and smoke it. Funding markets no matter what. I have DC aid. I'd like to understand a little bit. And if Matt's still listening to me, Matt's a good friend of mine. He always will be. Just love the guy. Love the guy to death. It's awesome because he gets it. I'd like to know what on an average, what Matt would suggest on a DCA that from January of 2020, let's just say 2021, if we went back to 2021, how much as this guy who's, I believe under 30, I think he's still under 30. I think you might have just turned 30. How much is he contributed to markets? How much is the independent investor contributed to markets from January of 2021 until now? Okay? How much have you contributed? Okay? Have you spent the last two years cleaning out your britches because this is not what you signed up for? You should have been funding markets. Okay? That's a little secret of the pros. I don't know the pros. Retail investors, man. We have no idea mixing with the pros, man. Get out of here. This is a professional thing. Ha, ha, ha, ha. Without a suit and tie, I can't tell you about dollar cost, averaging, man. It's secret information for the masses. You can't get in on that information. What are you talking about? Man, it's fine. Do you do that, Ryan? Yes, I sure as shit do. Yes, I do. Thousands of dollars a month. Boom, boom, boom. I don't need that money. I'm fine. Hey, Ryan. God dang, we're really concerned about Ryan. Why? I'm fine. I don't need that money. I think it'd be fun to fall until suspend the shit out of all my paycheck. I think it'd be fun, but I don't do it. Why? Because I don't need it because my basic needs are already taken care of, guys. I'm at the top of the pyramid. I'm happy doing what it is that I'm doing. I get spiritual actualization at watching my 10-year-old grow. It has nothing to do with me manifesting over a highly on position. You guys could take a page out of my playbook and learn a whole hell of a lot out of being stone cold on risk tolerance. Stone cold. No matter what. Stone cold. Fund markets in the face of adversity. How much have you guys contributed this year in 2022? Have you funded markets? I just dropped my stock picks here for you guys. I'll try to find it and I'll highlight it for you if you don't mind so you can kind of know. Here it is. Here's the stock buys. I shared this with my Viper Group, actually. My Viper's get the first nod on that, actually, but this is actually really, really cool. About an $11,000 bill put to these names with the vast majority going to about, oh, 67 shares of SCHD. God, Ryan, dang it. I tell you what, we sure feel bad for this guy. Why? Why? There's thousands and thousands and thousands of people in other countries that can't eat. Why would you feel bad for me? I just spent $11,200 on this group of, what, seven stocks? From an opportunistic perspective. I'm lucky. I'm a lucky bastard. I don't need your sympathy. I don't. Nor do you need to feel like you need to give it to anybody. This is business here. Guys, get with the program. The quicker you can wake up and try to figure out that eventually you're going to die. Okay? Eventually. Figure it out. Your sense of urgency should have started 10 years ago. Okay? Now, I started sharing my story five years ago on social media and I've had a lot of people unsubscribe. Awesome. Get the F out of my way. Okay? Get the F out of my way because here's the thing. You watch my message and you will benefit to understanding that, yes, investing is super, super boring. And yes, I can cut your skin wide open and make you bleed. That's no problem. It's business. All right? I'm looking for toughness. I'm looking for people who can truly understand what it is to establish multiple buckets of passive income that pay you while we're busy doing our thing. And a lot of people out there are working really, really hard to do their thing. Okay? And to carve out a life that's better than what they had yesterday in this life. And I'm only looking to infuse that potential for people to remain open to the idea and the prospects of building wealth for themselves. What? Building wealth for themselves? What are you talking about? I work nine to five. I'm a salary earner. I work paycheck to paycheck. I this, I that. I can't do this. I can't do that. I chalk you up in the 50% of people who will probably end up retiring and die a loser. Success is not commonplace. It's not. Success is a mindset. It has very, very little to do with the action. And I find it so ironic how on social media, people judge me on my action and not my mental state of mind. Right? My perspective. My perspective that I share with people, patrons of the independent investor channel who come on and they watch and they understand, man alive. Maybe I could, you know, develop a little bit of fire like Ryan. Oh, I'll put that fire to work next week. Trust me guys. Trust me. This is not something that I am asking of you because I'm not willing to do myself. No, no, no. No, no. I practice what I preach. I do dollar cost markets. I do diversify. I do actually invest in stock. I find it interesting how people want to scrutinize people who own stock that they don't even own themselves. Interesting. Interesting. Well, I could care less one way or the other. Really? I can make the decision for myself. I'm a big boy. I'm good. I'm totally good. I do not need your sympathy. All right. Get the f out of my wheelhouse. All right. Very good. Adjust your lifestyle. I kicked off the live stream tonight talking about people's insistence on accumulating a big pile of crap in their life. Big pile of crap. Drive through North Carolina. There's nine cars in the freaking front yard on the 10 acres of property that they bought back in 1984 for $18,500. None of the nine cars work because you just have to keep continually accumulating those cars. I don't know. It's like their beds to start a farm of sod, I guess, because there's grass growing out all the tires. Why do people feel like they need to accumulate so much crap in this life? Why? Most important thing you can have is your health. If you're not around, what's the point? Really? And you're spending your minutes scrutinizing others. I don't do that. I don't. When I cut away from this project, this is the only time when I 100%, 100% focus on you, 100%. I aim every single live stream to speak as if I'm speaking to someone who's watching me for the first time, sitting on a couch, intently listening for those things about how to become a better value investor, how to look for quality, how to get the perspective right. These are the people that I'm speaking with. And it's for the very 60 minutes that I'm locked in to focus on that. When I shut this live stream off, I will digress and I will go back into my program to take and care of the law. I certainly will. Adjusting your lifestyle, man, it takes a concerted effort to buy into this opportunity to infuse your surplus cash and define it within your budget. Do you have the ability to scrutinize your own budget? There's a question for you. Give you a moment to think about it. Do you have the maturity to scrutinize your own budget enough to say you spend like an asshole? But we live in the United States. We have to spend like assholes, right? No, we don't. This is why a lot of the rest of the entire world hates us because we're a bunch of entitled babies, right? And we take it for granted. And we take it for granted to such a point to where other people who are trying to maybe get ahead, they're a target. And we have to all of a sudden scrutinize those people because we haven't achieved anything in our lives. So therefore we have to scrutinize everybody else and tear them down. I'll be damned if they make something in this life. I've got to tear them down, right? Yeah, it's a vicious cycle, man. Human beings, man, we are flawed. We are flawed by nature. We can't take care of each other. We want to fight each other all the time. We want to tear each other down. It's absolutely fabulous. It's a wonderful world to live in. And this is why I define the channel as being a deep, dark place that I share my message with. And for the few people that catch it, you're catching the goods. I will not apologize for this. I will not. Because I will be on my high horse someday, not from a braggadocious perspective, but I will say finally, I've made it because I embarked upon a journey that started for me when I was like 16 years old. And here I am. I put myself on this journey mentally, made a ton of mistakes, was never ever afraid to put risk on the table, was never ever afraid to embark on things that people would probably stop at and say I could never do that. I've done it. I've done it. And we will be there, my friends. We will. So if you can take just a little bit of my motivation, apply that to your own situation. If you're out there and you're 51 and you're one of those people who have made those missteps in life, no problem. Start right now. Start right now just for the sake of doing the right thing. If you're going to end up at 65 or 75 or 85, spend the remainder of your life whipping some ass. Take it by the balls. Grab it. And don't let go. Life is yours. Don't let life run you. You run it. And it's all mental. It's all mental. I think these physical things about how many shares you have in your portfolio and how many dollars you have stacked to the ceiling and how many cars you have parked in the driveway and how many social media followers you have. It's all bullshit. All of it. If you don't have your personal spiritual well-being intact. Indeed. You must be able to scrutinize your own decisions. That's an interesting one. I've talked about a little bit. Avoid the hype. This is a good one. We've gone through periods of hype on the independent investors. Five short years. Investing five years is like it's like a drop in the bucket. It really is. Even though life goes really, really fast. I have seen the hype train come and go on YouTube insofar as it drives a lot of people out of YouTube. It's crazy. And I've seen all the big YouTubers succumb to it. Myself included. Although I did not buy into it so much. Rather than take part in it in one particular facet with the SPAC craze, which is, you know, by all intents of purpose is a complete and utter debacle. The sleeping and exchange commission. Boy, they were really on top of that, weren't they? But, yeah, the RQTF debacle. Not really sure if she'll find her way out of this deep dark hole that she figured herself into by building a portfolio of single stocks that she could just put her faith and hyper growth. Doesn't work. That doesn't work. Penny stocks. You name it. It's out there. I know people that have lost millions, now millions of dollars and also selling courses to people to teach them how to lose millions. That sounds kind of crazy. It's out there. It's out there. Even your little independent channel that could. I told you many, many months ago, I told you I'd receive a shit ton of scrutiny through the channel, man. When times get crazy and everybody wants to blame everybody, and it's like, ah, it's that independence fault, man. That's trying to do right by the world and thumbs and shares the story, and he's not influenced by anybody, which I'm not. I do my own thing, which is what I'm trying to teach people to try to, I don't know, I don't know, get a backbone. Walk around a little bit more proud when you haven't been influenced by consuming 19 hours of YouTube a day. Oh my God, I'm an expert now. You're probably dumber. YouTube can make you dumber. No Clive, YouTube can make you dumber. Be careful. We've taught you guys how to eliminate the fees in the industry. I've watched Robin Hood come online and be a craze fest. I warned you. I did. Another one of those independent thinking mechanisms, one of many, many where I told you, I said it's an order flow for profit type of broke or be careful. And I'll be closing my Robin Hood account down just for the sheer principle of the matter. Yep. I didn't buy GameStop. I thought it was wrong for them to shut down the momentum of the stock and the way that that was connected to the Citadel I think was wrong. And I think I owe it to the few shareholders to the company and or to the to the owners of the company to be honest with you. I'd like to see them go bankrupt. F them. That's all I have to say about that. Yep. Yep. Eliminate fees. It's one of those things that can actually really free you from the burdens of the institutional application that they would have you believe that if you go down and sit with a financial planner, they're going to look for every angle to take your effing money. Every angle. You go down there and your Omar pick it from the freaking farm and you've worked that land 100 acres for your entire life and you've got 25,000, 50,000, 250,000 of your life savings to invest, they're going to do everything that they can do to attach a leech over here and attach a probe over here and attach a suction cup over here and they're going to chip a little hole over here and they're going to jam a siphon up right here and they're going to stick a hose in over here to your life savings and when you leave the office you're going to be like, wow, that individual super smart. They were talking about the rule of 72 and compounding interest and what my money is going to be worth in a hypothetical world. God dang, I just feel like I found the greatest financial planner in the entire world. Once you leave they're going to push the siphon button and it's going to initiate operation portfolios suck and it's going to suck you dry because imagine a world where you actually go into a business that's actually designed to help you doesn't exist anymore my friends, try to hire somebody to come to your house and do some home repair maintenance they're going to charge you $2,500 for a job that costs $300 why? It's not worth people's time anymore it's not worth it. $2,500 you don't know how to do it, I'm charging you $2,500, yeah, it's $300 and yeah, $2,200 for labor learn to do stuff yourself, that's for sure which this new generation I mean they know how to stare at an iPhone that's their skill right now hey can you go get me a hammer please from the toolbox I don't know what a hammer is oh shit, god forbid we put two together, a hammer and a nail that would be dangerous, I mean you'd have like eyes poking out of people's heads and this new generation would end up in like splints because they hit their elbow and smash their fingers off yes indeedy, yes indeedy last thing I'll mention perspective, perspective I've mentioned many many times that this gig is a mental, mental gig when you look back and you say man Ryan's talking about having fair expectations on financial markets, what is it that I can do to realistically protect myself from this chaos that's going on, this circus this absolute bonanza that's going on in the stock market invest in the S&P if you can't handle any type of digression or appreciation in the S&P 500 go back to the drawing board and find whatever rationale or reason you have for investing so first question I ask investors why do you want to invest, why is it because Jane Doe from down the street told you that it's a good idea to invest for your financial future and you have no freaking idea of as to why you're doing it, know why you're doing it I don't know Ryan, I've never thought about why I just thought it was the right thing to do not good enough go back to the drawing board and find out what you want to invest then I'll actually outline the realistic expectations to entering into the market, could you be down imagine this $10,000 that you're entering in the market down 25% you're down $2,500 could you handle that, oh yeah I can handle that Ryan do you imagine it down 50% you're down $5,000 of your hard earned money I don't know about that it seems a little bit aggressive Ryan is that possible in stock market investing trying to define your expectations of what to expect in stock market investing stock market investing requires you to incur both up and down markets the stock market will go down and for those channels out there with millions and millions of subscribers you are very rarely ever going to hear them talk along these lines of reality to provide some insight to people and some realistic expectations that the stock market can be a very very very humbling place and I've said it for years on my channel people want to ignore it people want to try to find out what I mean by it I'm telling you the stock market can be a very very humbling place, really really can really appreciate you guys man let's get to some comments if any in the group here, very cool stuff man I'll cruise all the way to the bottom ah cool man, there's a lot of people in here Tony, Lindsey, love the message appreciate man nothing special nothing special I enjoy this message it's easy for me to do it it's a very unscripted message I'm really not trying to waste anybody's time I'm very aggressive on that it's my criticism of channels when I go on and I feel like their motive is completely based on what it is that they want to do to try to separate their message and make it seem exclusive or somehow something that is somehow something extremely rare that doesn't exist in stock market investing, I'm sorry there's a lot of people who are trying to carve out their niche and I've done that I've done that with independent investing I mean this is a new thing a lot of people will come on and tell you how to buy three stocks Pfizer, Costco and Cisco but they're not going to tell you the first damn thing about whether or not it's conducive to you to go and do it through a broker or get financial planning advice or is it even possible to do it on your own and how to go about doing it right but I appreciate the kind of words I really do it's easy enough for me it's only 60 minutes of my time I enjoy doing it and it's fun this is a side project for me this is not what I do for a living I say that a lot so people can really understand that the independent investor channel could go back to zero subscribers and I could really care less I'm using the power of YouTube to get my message out there and they do not like me and that's for sure they certainly do not I do not cater to their daily upload schedule I do not cater to their advertising whims I certainly don't my audience should tune in to me because they like my message and that's it and your comment speaks to that thank you very much that shaded light in the house Eric it's great to see you my friend great to see you that looks good looks good I shouldn't say that actually should be careful with my words I should say that for the good of the 45 patrons of the live stream here Friday evening I'd just like to announce that there is a company that exists called Procter & Gamble they sell laundry detergent and a myriad of other products out there they're a good company look into them they're cool to understand that they do exist God forbid you'd want to actually I don't know buy some shares of the company but that would be misconstrued as financial advice and you might actually end up running in the street and getting run over by a car if you took that said advice so don't come into YouTube and expect me to give you advice because that would be breaking the law the sleeping and exchange commission might come down on me for doing such things alright nice that's awesome they got 2.5 billion each to close that deal man pretty crazy I always stated and joked that it was like robbing from the poor to give to the rich I always try to dig down and try to dig and find out what is going on in reality yep it's disappointing for me what I consider to observe in most people living in kind of a fairy tale land most of the time and not rooted specifically on their own two feet here in the really real world it's amazing to me but yeah this was an unfortunate debacle in my particular opinion JGE thanks for the dialogue before don't mean to be frank with you yeah I kind of do actually but I got about that when she said Jesus picked her stocks sure that's interesting enough Jesus picked her stocks phenom great sorry for the potty mouth I try to dig down on my message and it makes an impact I'm sorry it rolls off the cuff but thank you very much for your support really appreciate you being one of those one of those large pieces to the channel that actually makes it all worthwhile for me because I tell you what I probably focus on more than negative and I should but it's amazing to me how it seems to define or provide a consensus to me that there's just way too many people out there that are just downright negative and I just don't get it mm-hmm but it's refreshing to see kind people like yourself who maybe have deployed a small aspect or large aspect of my message for the betterment of your family and that's in the end really what we're aiming to do I think we have the power through the message to actually build a vast community of people who participate and they find financial success boring huh I don't know I'm not diving through flaming hoops of fire I'm not good looking not charismatic not entertaining kind of funny very sarcastic very sarcastic I have sarcasm coming out my ears alright but I appreciate you stopping by nonetheless anyway Frank's in the house nice thumbnail very cool just got off work watching a stream from the beginning left the intro fantastic little debacle I went to get a drink of slip of bits and actually hit the hit the mouse and it came off and so you got two intros tonight but appreciate you stopping by very much appreciate it Frank thanks for stopping man very cool thanks for being part of the community tonight all is good there is power in no which you can live without humility respect and a free lifestyle a lot of people maybe need to just move out of this country for a while and just go abroad seriously get out from behind the white picket fence I don't know I'll have you in New York I'll show you all kinds of diversity here if you think you're like I don't know the most diverse person in the world come through to New York live in it see if you can actually truly appreciate diversity for what all in all of its beauty has to offer as opposed to living in your closed off life try it mm-hmm I challenged the I really do Mr. D's in the house Mr. D tanks in the house has been with me for many many moons I appreciate it thank you so much it's really kind of the backbone of the channel it's times like this where people don't want to talk about financial park markets and it's the very time now that people need the message and it's just funny because human nature drives you away from financial markets when volatility kicks up and not everybody is like you know praying to the heavens because they're making 20% a year and it's just I don't know it's investing man that's how it is I feel like a young jio sitting in the mess yeah yeah can't do that anymore it's it's a new organization now anymore I'm going to be careful if nothing else man this project gives me a voice and I get to actually talk my way for 60 minutes and it's kind of cool kind of fun he said he's old as F 31 Jesus I knew you when you were like 26 and you young man you got a lot going on man you're killing it good stuff I love it buying stocks good balance sheets are so important in this market this is true I don't think a lot of retail investors need to even engage in single stock there's a statement for you and I don't really even think the balance sheet of the companies that I'm talking about most people owning like Visa and Johnson and Johnson Proctor and Apple and Home Depot you know Bristol Myers Pfizer and Merck all the good ones I don't even think you need to look at the balance sheet to buy those companies I just don't that good of companies and I think in its essence in its core just come out and say it if you wanted to engage in single stock I don't think you need to look much further than you know the Dow 30 and those companies out there that have paid a dividend for 20 30 40 beyond 50 years makes it easy right you really want to engage in single stock do not shy away from value because I tell you what I've been whacked and I'm in a position that I wouldn't want to envy on anybody or wish upon anybody and that's waiting for those high growth companies to come back it's a very unnerving feeling because they took a digression for a very very good reason and it's very tricky to have to sit back and wait for those companies to retire or recover where a company like Brock Proctor and Gamble you can invest in it and own it for the rest of your life you know Pfizer's been around since what 1850 J&J's been around since 1890 I believe companies aren't going anywhere they're fine you know I'd love to look at a community and say it's commonplace to own really really good companies in the gems of the stock market for participants we support those businesses wholeheartedly I just think they're wonderful businesses and you know if you really want to truly get to the essence of investing and some people will pick fun at that and say well you know you're not going to keep pace with the market blah blah blah etc what is the alternative play is the alternative play to engage in the stock picking routine that yeah you might get lucky on a few but you're going to drastically underperform the market some people are coming to a very very staunch reality on that fact and not understanding that their buckets and not have the ample discipline they go from one to the other and wish he washy back and forth and trying to find that specific thing that works where if you just adhere to a long-term program over time you'll be better off for doing it Matt does have 10, that's great good job Matt, I appreciate you you should have 100 if the quality of the message was any indication of how many subscribers you should have 100, 200, 500,000 compared to some of these other morons that come on and I don't know they're just I don't know they look the part and they're young and young investors are like he he he I'm going to follow this guy because they have a funny name or they're good looking or I don't know they have charisma who knows, don't know, don't care really still bought stocks this morning that's my boy that's what I'm talking about what else are you going to do, are you going to hold cash I don't know, are you going to buy real estate now? it's one of the two asset classes that I contend to go up and value over the long term and I think we're good I think we're good buy highly on you will thank me later I've given you the live stream tonight it was very under the weather and I've given you an impassioned look and I'm struggling to get to the end but that's just speaks to my devotion here that's for sure on the message for the last minute or so I will say this I'll be off the channel live stream for the next two weeks I have a professional application that will require my time that way we sold out tonight give you the goods so please don't be caught off guard when we don't offer the product next Friday or the Friday after we'll reconvene after that when we come back together yeah highly on here is quite a disconnect it's amazing here the company doing such great things and to see the stock really digress into this no man's land I teach a zone on this I'm not going to recommend one way or the other but time will tell going forward I'm an investor in the company I'm very very satisfied with the things that they're doing at the company perspective and it just goes to show how low a stock can go if you're not careful and I have the tolerance for it I'm fine we'll live to fight another day and we'll continue to beat that drum and continuing to build wealth and that's what I'm looking to do over the long term guys I appreciate you tuning in for this fast to 60 minutes on YouTube really appreciate you guys' continued support of the message if you do know anybody bring them on to the channel I'd like to have network people who know me give that referral because you know a referral that comes into the channel is more apt to stay through the long term rather than you know siphoning off some of these subscribers that I picked up over the last five years that just don't get me and that's totally fine almost there in love and war I probably could have done a better job of keeping them around but I deliver the goods in the live stream there's no doubt about it and this project's not going anywhere and as it's morphed over the last five years to what it is now it's safe to suggest the project will continue to change and evolve over time for the betterment of that one individual that I'm looking to empower over the life of the channel and the channel will be around indefinitely and I just want to thank you guys for being part of it thank you so much we'll be back with you in two weeks three weeks from now be well have a great weekend guys and we'll catch you in three weeks bye