 and we are live on the independent investor channel live stream here Friday evening it is just shy of 9 o'clock Eastern Standard Time we kick this project off every single Friday every seven days it is super important for us to continue to do that all what New Year makes for everybody in stock market investing and while everybody out there is trying to find that instruction or tutelage or that right person has all the right answers back to truck up a little bit you only go through downturns like this in the stock market once in a while and you don't want to learn the lessons that you take away from things like this very very important to self-assess take a look at how the portfolio performed during the downturn ask yourself if it was really worth playing the back-and-forth game trying to plan time the market for the for those of you guys who bought the market in early September you timed the market perfectly well and here we are in January still talking about everything under the Sun that is in effecting the stock market in a negative way and that somehow we're going to march into this inevitable recession so stand by for roles hurry up and wait so if you haven't invested on the stellar advice if everybody else out there in the world that seemingly has every answer for you for you you guys out there that actually stayed invested stayed true to the stock market if you look at a chart a one-year chart go back to the beginning of September you'll see exactly what I mean the Dow Jones industrials at 28 6 the S&P was below 3500 there was not one person out there under the moon that was talking about buying the stock market except for me and that makes me a stock market guru that means that I'm eligible to pursue hype and hype up my seemingly very simple approach just paying attention to what the stock market is telling me that's it and sharing those perspectives with people unfortunately during a time when a lot of people don't want to hear that type of thing hints and therein lies the lesson of independent thought independent application independent in all things that you do certainly for you guys that have been with me a long long time hopefully the damage that was done in 2022 in very very tough markets can be assessed can be built upon and they can be rebuilt going forward whether or not we enter into a recession is is yet to be seen I'm not going to sit here and tell you that we're not going to see those 29 or 28 6 lows that we saw in the Dow Jones industrial but do you want to be in that position to where you're not in the market here with the stock market up pursuing 3500 what do you do do you sell the market because you think that somehow you're going to get a better entry at some point in the in the future those are futile efforts and those of you guys that understand and have the courage to actually row over to my independent island and actually have a rum punch with me every now and then you'll understand the beauty of independent thought independent application and independent conditioning of your own application what it is that you learned what it is that you picked up what it is that you may be sold prematurely did you panic yourself out of the market it's okay if you did I it doesn't change who you are as a person doesn't mean you're less of a person doesn't mean you're more of a person it just means that you made a decision how did that work out now is the time where you want to deliberate around those decisions how is it that you handled a very very formidable test okay I'm not going to sit here and tell you that the market activity over the last couple of years has been enjoyable okay not going to do that it sucked all right but did you make it did you put your independent perspective to work how did it hold up how did you hold up were you able to keep your eyes on the prize and understand that this gig is a whole hell of a lot more than what most people are fixated on and that is the day-to-day movement of the stock market it's entertaining and there are millions and millions and millions of dollars of propaganda spent every single day to revolve around the Dow Jones industrial average and the S&P 500 and we'll throw the Russell in there for some icing on the cake every single day we've got our basket of bears over here we've got our basket of bowls all right today they actually had a bear and a bowl and they fought with each other right on TV nobody knew where the market was going maybe there's an inherent lesson there to be had with regard to nobody knows where the lessons going dare I suggest that maybe even the YouTube gurus no matter how cute they are have no idea of what five stock bits you should buy in your portfolio for the month of January how about we come up with a novel idea about that all right if you want to copy some good material what you need to do is you need to watch my channel over and over and over again and see if you can memorize and see if you can copy my delivery on YouTube there you go now we're progressing towards something that's actually meaningful teaching people how to think for themselves think about people too in the face of an adverse market to look at how they reacted to that market and see how the risk tolerance held up were they too over levered in a certain category did they need to potentially look at adjusting did they get a better idea of what their risk tolerance was was it different than what they understood it before the volatility in the market did they understand more about themselves I'm here to admit I'm going through a lick the wounds phase and I've gone through this before and I'm a tough bastard I will make it just fine now in all reality what I typically do during times like this is when the market starts to give a little bit of reprieve and it always does I'm up I'm up a lot right now a lot it's been a nice little recovery for the independent investor channel that could do nice okay I make independent decisions and I get independent results I do not succumb to the decisions of others I do not try to borrow for a little bit I'm going to deploy some of that I'm gonna put it to work for me and I'm gonna call it mine all right I don't do that different strategies that I've deployed to give me some level of indication about how much risk I'm taking on with a pretty good test that was doled out in 2022 most specifically my 401k test I dollar cost average the 401k pretty heavily through the downturn I increased my contributions to 20% for a lot of people that may seem really really light and they may seem that I'm just a pittance of a miniscule existence compared to their investing greatness but I did I increased to 20% and I can honestly say now I am up 5% year-over-year right now as we speak up I'm up can you believe that I'm up on my passive investments well how much trading did you do in and out of that to render that 5% as we speak 0 0 I held the indexes the S&P 500 the small cap index and a small piece in an international funds that hasn't done a whole hell of a lot for the last 10 years no problem it's all right it's kept some money static but I've continued to fund markets so what does that tell me and what do I want you guys to get out of this deal I want you to understand that there are certain fundamental baselines like risk tolerance and dollar cost averaging and let's just throw tax protection in there as well those three things okay should be the focal point of the conversation at all times okay for all retail investors and most retail investors don't want to hear it because it's it's boring because they have not bought into this idea that boring investing will actually make you money okay honestly I mean you you want to tune into the five stock picks of the month for no other reason than because the content channel is so elegant and delivers such a fantastic message right that you just have to consume that message whether or not you buy the stock is irrelevant right it's entertainment it's not going to do you any bit of good whatsoever you notice a digression on the independent investor channel with regard to the content that I push out and interesting enough when this content actually provides merit is he here's a thing is if I inevitably talk about companies that I wholeheartedly believe in like aduro clean technologies if I talk about those indefinitely and I fail and I fail and I fail and I fail and I fail and I fail and I fail again okay you got me you caught the tater you caught the tater I should have no business talking about companies that I'm evaluating because they all go down okay they all go down here's the funny thing about stock market investing when you think that a stock is going to do something it's probably going to do the opposite when you think that it's going to do the opposite it's probably going to be the do the do the exact opposite of what you thought that it was going to do the opposite of and furthermore when you think that it's going to do one thing and predicting it does another thing and you think that it's going to do the opposite of the thing that you predicted that it was going to do it actually does what it is that you think that it's going to do yeah think about that for a moment alright why do I present that in the way that I do, do not ask me to repeat what I just said, but the reason why I suggest these things is to understand that you have no effin idea and neither does anybody else. We can make educated decisions based on what it is that we know and love about certain companies. Large value companies are the easiest to value, and those are the ones that I contend are in that camp to where if you wanted to buy Coca-Cola, go ahead and do your due diligence. If you want to tune in to the best deep dive on Coca-Cola Classic that I've ever seen on YouTube, tune in to Ginex Dividend Investor. He breaks down Coca-Cola Classic like nobody's business. The guy's phenomenal, and he's brilliant, and he's a stud. And he only has 44,000 subscribers. The guy should have 440,000 subscribers. He should have 4.5 million. If indeed there are people out there in robes that actually want to learn about stock market investing, the problem is most people don't want to learn about stock market investing. They don't want to do that. They want to pick a little bit over here and pick a little bit over here and pick a little bit over here. And they want to take them and they want to put them into the bowl and they want to cook the investing cobbler. And they want to put it into the oven and they want to bake it and they want to pull it out full well knowing that it has nothing to do with what it is that they like on their personal palate, okay? And they want to eat said cobbler. And it tastes really, really good, all right? And they put it to work, okay? They put somebody else's program to work, irrespective of whether or not it makes any sense when contrasted against a spending habit, when contrasted against a budget, when contrasted against the income, the household income that comes into the household to understand what it is that you've even identified in surplus capital that you can even put to work. You can over-lever yourself without even understanding it, okay? Where are you within this journey? Has 2022 set you back? Or do you feel more optimism for the future having subjected your dollars to a downturn in the stock market only to set yourself up as more prepared to enter into the future that much tougher and you come out of times like these tougher. And for people who have watched my channel, they get a sense of that, okay? I've gone through this before. I've evolved and I've changed as an investor. I've changed in my philosophy, all right? I have people coming onto the channel and they're like, Ryan, I don't understand this aduro clean technology. Well, okay, why don't you listen to what it is that I'm saying? I've done a lot of due diligence on my side of the house. It has nothing to do with hyping a company that would just as rather not incur hype on their story, but rather provide an introduction through a conduit through social media because unless you can find a better way to share information with people outside of smoke signals, okay? Or Morris code. I'm all ears. I am all ears, okay? Hype in and of itself, my friends. Hype is something that people want to believe. They want to believe it because it's exciting. When they hear a piece of news, they can't wait to go share it with their spouse, their significant other. They cannot wait to go share. I've got this piece of news. I've got this new stock. I've got this new philosophy. I've got this independent investor guy. He's really charismatic. He comes onto YouTube and he's just all over the place, man. He's great. He gets me all kinds of motivated and I'm fired up to go and invest. I cannot wait for Monday. Monday we're going to honor MLK. Tuesday, I'm going to be in there opening my brokerage account. I can guarantee I'm with you, all right? I don't know what it is. Perhaps maybe it's my pedigree. And how I've evolved to this place in understanding, not only understanding, because if I understood what it is about myself that actually works and it didn't work, I wouldn't be doing this channel. No, I really wouldn't. But it seems like the more I devote to this idea of making my own strategic decisions, the better off I am. The better off I am. Completely contrary with this idea that somehow the financial planning institution has to have a say. So in your personal well-being, I'm not to suggest that there aren't financial planners out there that are really, really good, OK? A guy like myself, I'll take a tax accountant over a financial planner any day. Because if you think you're going to be more motivated to invest, more than me, good luck. Jack, you can sit across from me and try to sell me on your program, OK? But you're going to have to answer some really, really tough questions, OK? Like, for one, how much does your program cost? Well, what do you mean? We didn't take a downposit when you walked into the office. No, no, you're not hearing me, Spencer. All right? How much of your program is affixed to fees? And how much can you answer or disclose to me? How much kickback you get for selling me that American fund, that American fund that you sell to everybody else that walks through your door every day? It's as if you show up and you just want to sell the same mutual fund to the person because you get a kickback on that, all right? Vanguard's S&P 500 might have my best interest in mind, but you're stuck in tunnel vision, all right? Trying to sell everybody that because you get incentive to sell that product, all right? Where is the truth in that? Where is the ethical application in that, OK? Where is the merit between that? If you can find it, please let me know where it is, all right? I'm not looking to disparage the financial planning institution out there. I'm not looking to do that. And I'm especially not looking to disparage the individuals who are trying to make a living in that profession. Make no mistake about it. I'm looking to disparage the entire industry as a whole. It's atrocious, OK? And for most of the industry, it will take individuals, OK? And I've seen the same report released every single year talking about if you're with a financial planner, you stand the chance of earning $3.5 million over your lifetime. And if you're a self-directed investor, you stand the chance of earning $1.8 million in your lifetime. That is the biggest load of crap that I have ever seen in my entire freaking life. Talk about just makeup statistics to fit your own narrative, all right? How many people out there do we have in this red ocean of self-directed investors that are as badass as me are actually deploying their capital in a smart, strategic manner by nature of their own decisions, OK? The fact that I can look at the S&P 500 and say, hm, that's interesting. I mean, if it had a 3% fee affixed to it, that might be really attractive. But I'm looking at it right now and it has a 0.0. It's pretty incredible. I mean, that is pretty incredible to look at. Now, I can make the decision to suggest that maybe 3% is actually more than 0.03, that of which I'm going to be subjected to if I own that product and I would rather pay less than more, all right? Matt Money's in the house. He's a big fan of SPY. So am I. It's a fantastic product. Me and him split hairs sometimes on going back and forth for the good of the discussion on whether or not SPY is better than VOO or IVV. It doesn't matter. They're all freaking phenomenal because between me and you, the truth be told, guys, the majority of people are going out there and they put their head in the sand, whoop! And they can't breathe. And they don't understand why they can't breathe. Well, I'm here to tell you that the very obvious fact is your head is in the sand. Your head is in the sand, all right? What is it that we do? I gave you three things that the 100%, I mean literally 100% of people who come into my channel and you're like, okay, I'll give this guy a freaking chance. I heard he's really long-winded and I heard he likes to hype penny stocks. I got this guy dialed in. I don't even know him from Wim or Adam, but I got him dialed in, all right? He's a hyper. Dollar cost averaging, it's the most simple basic principle in investing and is the most overlooked and quite frankly, the most bastardized of strategies that I could ever disclose to you. You wanna know the cool thing about it is, you don't have to be special to engage in this idea of taking a little bit of surplus capital and introducing it into Mr. Market, okay? Mr. Market gets cranky. I heard that. That's a new term that I heard on YouTube. Mr. Market, as if we want to like have some figurehead like some grim reaper or something that we attach to the stock market. Me, I keep it very, very simple. It's the stock market. That's it. It's the stock market, all right? Risk tolerance to the market. That will speak to the psyche. The psyche, the perspective and application with stock market investing. This will help you not lose your marbles, maybe disconnect from your money a little bit. Disconnect from it a little bit so you can sleep and focus on work, children, family, friends, personal health and well-being, your dental health, your insurances, your home, your advancement, your every spiritual, your yoga, if that's what you wanna do. I just took on spin. I got my new spin shoes today. I'm super excited. That was my New Year's resolution to step into a little bit more of a dynamic application. So I'm gonna be splitting up and doing spin three times a week. I don't know. We'll see if we can shrink the I do a little bit. All right, we'll see it. We'll see it. Look, this is the stuff right here to get you down, okay? That's all right. I'm treating myself tonight for you guys because I'm feeling saucy. I really am. Great to see the gallery in here. Oh, and the third thing, you take all three. Look, if I were to tell you three things to do and I gave you instructions on how to complete each of those three things, the success ratio with very detailed instructions would probably fall on a failure rate of less than 50%. I could tell you something really, really simple. Like, hey, take three steps in front of each other, starting with the left foot and make sure that when you get to the third step, take one additional step with the right foot. I could do that. 50% of people would do it wrong with very, very simple instructions. These three things are investing. Well, investing is difficult, Ryan. Investing is like gambling, Ryan. Investing, I need to seek out the services of a financial professional, professional, professional, right, because they wear a suit and pie. Three things, risk tolerance, dollar cost averaging, and tax protection. Those three things, a complete moron can deploy those three things. Those three things right there will be the single three things that will contribute to building more wealth across a YouTube or a social media audience than any of the five stock picks. I don't care if it's January or September. And I don't care how beautiful the YouTube content creator is. I don't care because it does not apply to the masses. It doesn't apply to the masses. I would contend that people out there, I could look at certain situations and say, you don't need single stock, okay? Ryan, I've got 5,000 bucks to invest, man. Where do I put my money? What do I do? Well, have you answered for yourself what it is that you wanna do in 20 years? What's your investment time horizon? What's your tolerance to the market? How much surplus capital do you have? Well, I don't know, we're in debt by $25,000. No kidding, very simple questions to kind of uncover your fitness to even be engaging in these questions. But Ryan, I'm just cross-checking you because I know you know your stuff, right? Because I caught this YouTube channel creator that didn't give me three. You gave me three ideas, Ryan. This channel content creator gave me five. Five ideas just for January, all right? You tip into February, man, it's gonna be old news, all right? Stay away from that stuff, all right? Stay away from that stuff. Five stock picks to buy in January, really? In accordance with what? In reflection to what? And in accordance with what in the hell expertise are you relying on to take this advice, holy moly? Make you go back bananas, guys. Too much YouTube is bad for your health, guys. The sooner we can realize that, the sooner we will all be better off together. Welcome to the channel. I appreciate it. We're kicking off 2023 with a bang. I'm so glad to see each and every one of you guys. Oh! Oh! Ah, Cherie, this is the golden question. The short answer is no. No. At time to buy, Hylian would have been any time for the last couple of months, I guess, as it dipped below three for the first time, went all the way down to 206, which would have been your optimal low, that of which I did not buy shares at 206 or 210 or 215 or 220, all right? Anything less than $3, which I was a buyer of the shares below three. On multiple buy injects, here at 306, I'm happy to see a little bit of action in the stock. That's all great and plenty. Now is not the time. If you do not have a position in the company, I would not start to bandwagon buy this company. Now, if I was just an asshole, I would come onto YouTube and be like, yeah, yeah, buy this, yeah, yeah, yeah! And start acting like I can speak different languages and buy the stock and yeah, oh my God, and start jumping up and down and this and that and this and that, okay? I have been intimately covering this story for the last three years. Three freaking years for the last three or four days, I gave it credit for the last five days, five days. Three years compared to five days, the stock's gone up well. And I released my video tonight on Hylian and the up 30%, that's great. It is, that's just a fact. Why? I have no idea. Does it deserve it based on some of the performance that I've seen from upper management? Absolutely not. I'm very disappointed. I express some of those criticisms in the video that I released. I've seen this every single time that the stock moves and this is not a knock on usury. This is just an observation that I feel like people really need to understand and adhere to what I'm trying to say. What I am trying to say is that most people, and I know, look, if you're a multimillionaire and you're just looking for a speculative investment, et cetera, et cetera, and you've got a few hundred grand to throw around or a few stacks of high society or whatever, no problem by the stock year. I think between me and you, I think anything sub 10 is a bargain because if they do half of what they expect to do, this is a kick ass company and it's on its way, five to 10 to 15 to $20 billion in market cap, they can make it with some fairly conservative numbers. I've already run it, okay? They get up into the five to 10 to 15,000 units. We're talking about something far in advance of where it is now at 306. Now it's really immaterial. I would just be very, very careful. I would be very, very cautious. And it's a dangerous question to be asked of me on YouTube and people get, I appreciate you asking it, but I'm gonna spend the question in a way that really tries to help people and get to the root of asking is highly on the right company for you. Does it make sense in your specific portfolio as part of a speculative growth aspect? For me, yes. For you, I don't know the answer for that. And we don't base our stock buy and purchases based on a presumed start of some momentum in the stock. I would have just suggested that, over the last couple of months, I was speaking with a good friend of mine on this who covers this company with me. Very sharp, very intelligent. And I got to give some kudos. He called it. He said, we're gonna have an exacerbated sell-off and it's gonna go down to a number that we couldn't believe that it got to. And 206 looks like it might be that number. Will it go down to single digits? I have no idea. I mean, I just have no idea on this old girl. And the fact that the company has gone so silent and the fact that there's about three Twitter patrons that are providing more on the public relations front for highly on is really disturbing to me. Really disturbing. I mean, it's just, you know, Andrea said, why not just hire me? And I agree. I think Andrea should just get a job with them. Silent alert, phenomenal. These are both just phenomenal freaking people. Where is Hylian in all this, right? Okay, so be careful, be careful. Make sure that you've got a nice, satisfied base in your portfolio. And if that's what, and that's what you wanna do and you wanna start covering the name, just monitor it. Because if Hylian has proven anything, it gives you a multitude of different buy points and opportunities to own the name. If you wanted to own it long, certainly would want to make sure that you understand that if this thing does end up going up, it's gonna be a really tough ride. And to make sure that you even have the tolerance to realize what it's gonna take to get you to that end anyway. All right, that's a cool question. Thank you, Sherry, very cool. You got me on a little tangent. This is where the majority of my buys, I will disclose 13,000 flew into the Roth IRAs. Why is that? It's because I put that in my money, but in my mouth is when I talked about the three pillars that anybody can do, tax protect, the 13,500, it's 6,500 for the tax year of 2023 and the beginning of 2024, they increased contributions by $500, big whoop-de-doo. But times two, there you go. I went ahead and funded those now they're in cash. So I can't tell you what I bought yet. I'm still monitoring because I don't really trust this rally. I know, I know, I know. You come in here to get a bunch of hype and for me to be like, the S&P is going to 45 next month. The Dow is going to 40,000 next month. That's not gonna happen. Okay, for you guys that are just now getting excited about the stock market because the last five days, might I remind you that we are in a high entry interest rate environment like no other, okay? Jerome Powell is not going to sit back and allow the stock market to ignore the signals from the Fed for very long. And that's what the stock market has done if you haven't paid close attention, which bothers me because it makes me think that the stock market is subjecting itself to a break. And Jerome Powell has the tools to break it, okay? And there's been some conversation which would lead me to believe that that's where we are inevitably going. I hope we don't go there, but not fighting the Fed, that old cliche is a pretty good one to understand. And right now the stock market is not acknowledging what the Fed is trying to do. And so a little bit of euphoric buying here at the beginning of the year, perhaps maybe it's a late Santa Claus rally. I really don't know, but there's really nothing systemic here. I mean, the pundits come on to CNBC and they try to make stuff up. I'm telling you, there's nothing there. I'd like to hear Matt's comments on this, but I just don't think there's anything there to really get too excited about. Yeah, it's nice to see those investments kind of take a little bit of appreciation about for the most part, I'm being very, very cautious in 2023. Now the back half of 2023, different story my friends, different story, but I think we're a little bit premature. We need to see a couple of quarters of earnings to see how the earnings play out, see what the supply chain constraints are, see what headwinds these businesses are conveying on their earnings report and we'll go from there. It doesn't change my passive thesis on markets. I'm long until I'm 59 years old. I'm a young scrapping 45. Hell, I just told you, I started spin. I'm gonna live till about 117 or so. I think that'll work for me. I think I'll kick the bucket at around 117, 118, maybe 120, 121, something like that. That's a nice goal to shoot for. Yes, indeedy. SCHD was one that I added a lot to. I added a lot in the low 70s. I thought that that was a really, really good entry. I added the SCHD, that's the dividend fund and I really like this fund a lot. It's fantastic. I bought it in my corporate account and I bought it in the low 70s. I did channel it once, okay? I was a good boy, I channeled it once, made some really, really good profits, went back down to 72 and I picked it up on my long position. So I was able to put some profits to work and I'm really, really happy that I did. That's a nice long position for me but I'm trying to justify whether or not I'm gonna put the Roth contributions all into the VOO or if I'm going to do something else with it. I've been putting a lot of thought to it and I haven't decided what I'm gonna do. I own VIG, which is the Vanguard's Dividend Appreciation Fund and Mine. I own a lot of S&P already and I'm just not sure if it's really a place that I want to put heavy emphasis in I think right now the biggest opportunity right now, if I were forced to give you like where I think the softest spot in the markets are, it is in small and mid caps. Yeah, yeah, it's in small and mid caps. I think pouring into value right here is interesting. Everybody and their mother's talking about buying oil right here. I don't understand that either. Fleeing to safety. You're talking about the 60-40 portfolio being the sexiest thing out there. Bonds do not fit into a lot of portfolios out there. Let me explain. If you're looking for capital appreciation, the bond market is not where you want to go and you don't try to time a favorable bond market period because it is contrary to what a lot of people should be after in growing their dollars and growing their wealth over time. If you're looking to capital preserve and you're looking to pick up some of these funds on the cheap, you could do that now. I understand, but a 60-40 portfolio, really a 40% of your portfolio that is probably in historical sense has the most chance of underperforming the market of anything. Why would you do that? That has nothing to do with your plan. It just has everything to do with what is the flavor of the week or the flavor of the month right now and that's what's going on. They can't talk about, you guys remember, bang? When was the last time you heard that? Remember Kathy Wood and RQTFs? When was the last time you heard about that? How about Tesla? How about Tesla? Okay? Tesla, I've contended this entire time was an overvalued company in all fairness, but what's amazing to me is that Tesla gets a lot of the nod in a lot of cases and it gets overlooked in a lot of different categories. The autonomous driving feature caught a video just this week of the vehicle stopping in the middle of a tunnel and causing an eight car crash. I saw the same, another video just this week of a driver who couldn't get out of their car because the first responders couldn't break the atomic glass, the glass that can withstand a meteor coming down from the heavens and smashing into your windshield. We all need that, we do, we all need that. So what I need you guys to do is I need you to follow all over your face and they'll freaking buy a Tesla next week, please, because you're not a human being unless you own a Tesla, all right? Please, please do that, okay? Whether or not you can afford it or not, go borrow $60,000 from the bank, whatever. You're gonna get your $7,500 of credit. That's gonna be awesome. And you can go buy a Tesla so you can't be rescued in the event of a fire. No, I just, look, innovation, yes, I get it. I'm a fan of the story. I think what Elon Musk has done has been fantastic. But I cover Tesla from a different angle and my angle is in direct competition to my company, Hylion, which is a far superior company with regard to what they're doing and the bottom line rudimentary attributes of what they're trying to do. Move product efficiently from point A to point B. Hylion beats Tesla all the way, but Pepsi opts for a name like Tesla because they have that name recognition and there I say hype, hype, right? And now the stock price has rolled off. I don't know, we've been talking about cryptocurrency for the last two years. Where did that end up? It's as if people aren't happy unless they're on this wave of momentum of just complete moronism. It's just completely moronic. How people go from wave to wave to wave to wave. And it's like, I'm gonna get in the next hype wave. Can we do the next hype wave? And when they don't have a hype wave, they can come into the independent investor channel and accuse me of hype. And it's like, all I'm trying to do is share a story on a company. That's freaking it. That's it. Look, if I was hyping, here's how hype plays out, guys. Here's how it is. I have ill intent. And I find that this is probably a lot of escape to thinking to people who are wanting to make quick money. And I don't have a lot of confidence in a lot of people. I think most people are stupid. Most people are freaking stupid, they're idiots. I wanna make money really, really quick. And they don't have the foresight or the intelligence to actually think of a project and think about how they can work really hard and really study up and maybe do up a business plan and really come up with an idea about how they can formulate money. No, no, what they're gonna do is they're gonna start a YouTube channel and they're gonna take their 10,000 and life savings and they're gonna maliciously enter into a stock that is recessed or it's under short-selling pressure or whatever. It's fundamentally depressed. Maybe it's a good company fundamentally depressed. Maybe it's a bad company that's been driven down prematurely. Maybe the charts speak to a potential catalyst, whatever it is, enter into the stock and I come on to YouTube with the sheer intent of misleading you into that shares. I don't care what I say, I don't care what I do. I jump up and down, I light money on fire, I yell and scream, you gotta do this, you gotta do that, I'm telling you. Seriously, I had a revelation last night in my sleep where the angel of God came down and told me that I needed to buy the stock and you need to buy it too. Okay, that's hype. You enter into this and you manufacture this hype on a stock with the intention of observing that stock and the second it goes up to a point where I wanna exit, I sell the stock without disclosing to my audience that this is going on lawsuit within the last month of that very similar thing. And I cannot believe people are so stupid to turn into social media and not understand that that's what people are doing. I just don't understand it at all. I just cannot understand it, okay? In my case, I own this company. I've disclosed that I can share the shares long. Now, if I decide to sell the stock, that's on my own prerogative, okay? But it is the intent by which you enter into a transaction like that where your sheer motive is to deceive and to mislead people for your personal gain. That is hype in a nutshell, guys. That is hype in a nutshell. And I'll be damned if six years I've been doing YouTube, I have watched so many hype trains come and go. It's been incredible. I've watched channel creators come, channel creators go. I've seen fads come and go. I've seen stock come and go. I've seen perspectives come and go. I've seen titles come and go. When is it that we're gonna learn that potentially maybe that's just not the way to go? If you wanna disagree with me about aduro clean technologies, that's, I don't know, looking to take and solve a problem of plastic recycling in the world, if you wanna disagree with me that that's not a noble cause or they're not gonna make money doing it or they're not gonna generate revenue, I can understand that. But it's such a stretch to come on and suggest that I'm hyping the stock. It's a far cry from the truth. It really is, okay? And I mentioned that only to understand that while we spend our time going tip for tat back and forth on this thing, we really might be missing the bigger question. And I'm telling you what, guys, it's gonna be some sheer sweet justice for me. Sweet justice to watch aduro clean technology move from its $40 million market cap. And I don't know, I'll take a bill, bill and a half, that's two bill because it's worth it, okay? I've never seen an opportunity like this. It is an incredible opportunity. I obviously can't own the product. I'm investing in the IP and the technology and the patents that they have, et cetera. I'm investing in their ability to really leverage this deal that they have with Shell and their Game Changer program. They're not even listed on Shell's website yet, guys. They're not even listed. They just got accepted fall of last year. This is a big deal. And it's fallen on deaf ears in a market that has been very, very dismissive of the small cap market. Perhaps maybe there's opportunity and a renewed sense of opportunity being identified in the small cap market. Perhaps maybe that's why the Russell has moved and that's why Hylion has moved. I don't know. I'm not holding my breath. Every week has a new kind of a twist to it and an opportunity to kind of revolve around what we think is going on in the market. And these are just my opinions on what I see from my perspective. I don't get wrapped around the axle on week-to-week action, especially day-to-day action, but I'm happy to see the stock up. It's nice to see the stock actually does go up once in a while. I swear, man, this is the fastest 60 minutes on YouTube. There's no doubt about it, man. We're in at 45 minutes, man, and I feel like I've been going for five. God dang, guys. I gotta get down here to some questions. I'm gonna start at the bottom because somebody called me Mr. Ryan. Very cool. Hey, Mr. Ryan, what do you think of European financials they have outperformed? I'm bullish. Yep. I think this is a really, really good comment and thank you, T, for offering it. I think emerging markets look really, really good. And I think European markets are really gonna start to, I think my pulse, even with the domestic market, the way that it is, I think we're moving toward a little bit more normalization. I really do. And I think what piece I picked up on today is that normalization is gonna be really good for the markets. It really is. Cost of capital should not be arbitrarily low. There are great, great companies. There's great innovation going on abroad just as much as there is in this country. And I do think it's an area of opportunity. I think it speaks to the importance of having a globally diversified portfolio. I really do. I think it's important. I have a little bit of international exposure. I'd like to have more. The bulk of my money is in U.S. markets. I'm a fan of U.S. markets from the perspective of understanding that the laws and regulations that oversee U.S. markets, I've seen it firsthand. Okay. So it's something that I feel, I have that comfort factor in engaging in financial markets here in the U.S. But certainly those developed nations in Europe and some of those established markets in Eastern Europe specifically. I'm very, very bullish on. And I thank you for sharing that. That's a really, really good comment. Very cool stuff. He says, I'm still buying Ethereum. Fantastic. Call me crazy. I mean, to each his own, I think, look, the question is just not to frivolously buy. Okay. The idea is to look at your plan and say, okay, look, I've got a little bit of fun money. Okay. I've got some money. What percentage of my portfolio am I satisfied with devoting to this craft? If it starts to creep up to 15, 20, 25%, Jesus, I'd say, what's the point, Matt? Like, what's the point? What are you trying to do? You know, and that comes back to what your financial goal is. It's gonna be different than mine. I get to a bill, bill and a half, two and a half million. I'm happy. Okay. You're shooting for, and I've known you for a long time. I mean, you could certainly get to the eight figure mark if you stayed on course, but what is the risk reward? What is the opportunity cost of that risk? I'd like to see it look at 3, 2, 3% of the portfolio as opposed to 5, 6, 7, 8, because that 5, 6, 7, 8 that's going to Bitcoin and Ethereum could just as easily be going to other things that, dare I suggest, might even be considered guaranteed as opposed to this market, which is, gosh, man, it's all over the place. It can gain 75%, it can gain 150%. It can lose 75% of its value. So it almost speaks to a trader's mentality and that if you're looking to get in low here and potentially trade it off at a higher valuation later, sure, there might be some merit to that, but it really kind of comes down to that individual appetite for how engaged you wanna be in this, okay? I'm off, I'm not, I'm devoting my capital elsewhere. I'm not looking to screw around. It's as if, if I had to make the decision to invest any amount of dollars to justify to make those investments if I could justify owning. I got Ethos in the house, man. Very cool to see you, Ethos, man. Happy New Year to you, my friend. Very cool stuff, very cool. I got Metrodate in the house. Wall Street engineers, highly unfan boy, okay. Didn't give Tesla semi-credit for not carrying around 4,000 pounds of diesel, engine and fuel. I don't think you listened very well to what he said. I think he was pretty fair, actually. Look, if Tesla dominates the entire Class 8 space, I'm cool with that, but I don't understand this tit for, they got Matt in the house. I want to get through March FOMC, yeah, exactly. I mean, it's probably prudent to continue to monitor markets here and kind of see where it goes. All right, got James in the house here, working on building out three times ETFs. Very cool stuff, man. James, thanks for sharing that. Really appreciate that. So that is cool, agreed on the premature. I just think, you know, we've got the luxury of coming off some pretty rough markets. I don't think that 13 days makes a market. And if I was gonna be opportunistic, you know, I'm looking at these markets off of the lows that I disclosed, I think the markets are holding in very, very nicely. Now, whether or not we're gonna have a very soft landing, whether or not we're gonna end up going back down below the lows, I look at these markets and I see them in the vicinity of all-time eyes. That's what I see. I don't see recessed markets. I don't see that at all. And I don't see that after a week, I need to start, you know, getting crazy. If I had to go back and invest my Roth contributions at the beginning of the year, like I typically do, that usually crushes me. I usually invest the money and it spends the next six months just selling off and I'm not gonna do that again. I told myself, this was not gonna happen. All right. Who, my favorite troll? I have all kinds of favorite trolls on YouTube. It's all good. The majority of my time, spending very, very little of my time acknowledging that they even exist. Just, I'm a lot different than a lot of people out there. Guys, that's for sure. I got Tesla in the house. That's cool. Matt and Tesla are going back and forth. That's cool. Nice to see you guys in here. Could highly on new board hire be some of the reason for the exuberant run? I don't think so. I don't think so. I mean, it's the only news that's been released for a month and a half. So it's maybe, but I don't think so. I just don't think so. I think it's more likely that they've got something going on brewing behind the scenes that is causing a little bit of interest. But I would say that the most obvious is that the market's gone up since the new years. There is some anticipation that the back half of 2023 by all intents and purposes by the discussions from Thomas Healy, the CEO is going to be that timeframe where they're starting to ramp up and start to deliver on their promise to commercialization. What that means? I have no idea. Does it deserve to be at $3? No, I don't. Now, I don't think that it does, but we're gonna have to fight through 2023 and get to this inevitable first look on how successful I think that they could be. Did you see the video that I, yep. I released it this evening. I was a little late this week. It's no big deal. It's just very, very, very busy. All right. Becky's in the house. Good evening to you. Good evening, Ryan. Never want to hope 2023 is a great for everyone. 2022 was a good year. 2021 was a good year. 2020 was a good year. I just think the overarching theme of this new decade has been kind of tough, you know? And I think if I could just go back to the beginning of the last decade, I would leverage everything to the T and just invest everything and write it to 2020 and then sell everything, you know? We don't have such luxury, you know? More realistically is the application that I deploy on a day-to-day basis, trying to do what little bit I can do to inch my way forward, inch by inch, foot by foot, progress by progress. And that's just good enough. We'll make sound decisions based on what our comfort level calls for. And I think we'll just have a number of better days by making those good sound decisions, you know? And, you know, is highly on a good decision? I mean, it's too premature to make that decision. I always considered to be a prospect to get to the long-term phase of it. And we're just not there. We're premature of that phase. And it'll be interesting to kind of be around and see how that works. Stevie's in the house. Nice to see you, man. Very cool stuff. It's a stark dream within a dream, within a dream. Very cool. Kind of under the weather tonight, guys. Can't believe I was able to do such a spirited live stream. I always do a better live stream when I'm feeling kind of under the weather. I don't know what it is. It's like, I don't know. It's like Michael Jordan's sick, sick game that he had in Utah. Remember that? I'm by no means Michael Jordan, but he is one of my favorites of all time. Yeah, he's my favorite athlete of all time by far. Very cool stuff. That's all the comments for tonight, guys. If I missed one of you guys, I appreciate you coming in. I got Redmond all the way at the bottom. What are you gonna do a collab with Maryouche? I've done some stuff on the channel with Maryouche. Have I not? Had Maryouche on a couple of times. We talk weekly. He's a good mind. He's a good man. I enjoy his content. He's smart. He's well versed in his application. He does his own program. A little bit different than mine, which is great. But yeah, Maryouche is sharp. If I can kind of quantify YouTube's cool, and I'm making a little bit of money through social media, and I'm honored for that. I really am. It really helps kind of carry some of the expenditures I have for the channel and put a little bit in the pocket for the legacy. I mean, I don't render any dollars from my deal. I like it. But moreover, the social media experience for me is an opportunity to really meet good people. And I don't presume to know people through a comment that comes through, or even a well thought through comment. Because in reality, I don't know those people, right? Some people come through the channel and I despise them within like a half a second because they're wearing their personality, which is not good on their sleeve. There's not a lot of good people out there. I think most people are good, but there's a lot of bad people. A lot of people who take advantage of the social media scene and they come on and they throw venom at somebody because they think that they can, you know. But it's the very relationships like Maryouche, some of the other content creators, Matt's in the group here and Kyle and some of those guys and a lot of others that I've met through the journey, pretty cool. It's pretty cool. They're kind of like-minded like myself. And I'm not suggesting that here, because I'm here now currently in New York, that I couldn't just meet a lifelong friend. But the odds of that happening and where that's gonna happen, I mean, I'm a devote family guy, 45 years old. I don't have time to go do that stuff and I don't want to. I'm a pretty private person, but the idea to devote some minutes to this cause makes sense to me and it makes sense from that perspective. But yeah, no, I mean, it's a good idea. I think probably when I have Maryouche on myself and him or kind of right on the money, he's a much larger share owner than I am in the company. I mean, my gosh, guys, I'm not a baller. I'm not Gordon Gekko here. I have some sizable wealth that's indicative of what I think if you followed the big three that I talked about tonight, you could have it too. So there's nothing special about what I do. There's nothing special. The inherent special piece to it is that so many people are dismissive of this information and so many people could benefit from the information. Maryouche, he is special. He's got a really large position and I don't want to presume what that position is. I think I have an idea, but I will not disclose that through my channel. That's for his discretion and disclosing those terms of his relationship with a company that's on public markets. It's on public markets. You can follow it every day. I do, I follow a duo. It was down all day today, only to dip up into the positive right at the close of business. And I've entered into the company. I've disclosed, if you look at my Aduro video, my Aduro video and interview this week was with Ofer Vakis. He is the co-founder and CEO of Aduro. It was a freaking awesome interview. It was just awesome. The guy is awesome. He's devoted to his cause. His team is fantastic. You got Abe Dick. You've got Mayna. You've got the whole crew there. You've got Anil, which is their chief scientist. The crew is phenomenal. These guys are just brilliant. And Ofer talked about in the course of that interview, he was talking around reviewing the initial technology of the hydrochemaletic and the low-temperature plastic recycling process, et cetera. And he was talking about what he and his colleague were able to identify in the novel sense of what was they thought was being missed in the technology and the science behind us. Fascinating. And I'm just, I'm a student of the game. I'm like a kid in a candy store. And I'm like, I'm trying to understand why other people don't find that attractive. Instead, I had some people come on and it's like, oh, this is the same as Hylian. No, no, it's not. This is another hype story. No, it's not. Well, because Ryan's being compensated for his time, it must be hype. No, that's not true either. People don't work for free, guys. They don't work for free. And I just so happen to have a reputation out there that helps people understand companies that they wouldn't have found or understood on their own. And I think it's a beautiful thing. It's a beautiful thing. If you think I'm gonna stop doing it, you're crazy. I absolutely love doing it. I absolutely love doing it. I like doing it the heck of a lot more than the charge of coming on and talking about the five stocks to buy in January, which I think is absolutely worthless. I get more scrutiny for doing the Aduro Clean Technologies video, which has just recently been validated by, I don't know, Shell Oil, no big deal, no big deal, right? And we will in time understand the implication of that deal. And then everybody will come back and be like, Ryan knew it all. He's just, he had a vision from the heavens, you know? And it's like, no, no. When it comes down to, guys, is just an access to information. That's all it is. Access to information, public information, which there is too much of it for any normal human being to scour over, it's impossible. So you've got guys like me who are a single point of the spear, a singular point of conduit to an audience that knows I produce this niche piece of content, right? So people come to me and say, gosh, this might be worth actually introducing to your audience. There's no promise that the stock is gonna do anything. Do what you will, all right? I disclose what I do and you guys do what it is that you need to do. If you didn't just sit through this one hour and one minute session on the live stream this evening on January 13th, Friday the 13th in 2023 and get that sense from me, you're really, really missing the message, man. But that's a hell of an idea, man. We'll keep that in the hopper. I absolutely think that that's probably a foregone conclusion in 2023. I enjoyed this company. He's a great guy and we'll look to make that happen. Thank you, Redmond, for the suggestion. Guys, we're a little bit over time here, man. We've got kid, my long-winded friend. When are you going to deep dive on Bitcoin? Fantastic. What an awesome question to end on. I'm just gonna completely ignore it, okay? Because if you, again, rewind, okay? If you paid attention for the last 60 minutes of this video, most people do not need to be focused on anything other than the three things that I talked about, defining your risk tolerance, dollar cost averaging the markets and tax protecting your money, okay? So long-winded, yes. Not very good looking, yes. Dry humor, yes. Drinking beer that most people find repulsive, vanilla porter, yes, okay? But here's the thing. If you'd like to try to copy what it is that I throw down on my unique content, good luck doing that. Because the content that I aim to strike accord with people is actually aimed at actually helping people create tangible results, tangible results, okay? I'm not talking about people maybe getting lucky on the acute with Bitcoin, okay? Not gonna do that. Popular on YouTube, yes. Popular with me, absolutely not. Because I'm aiming to strike at those fundamentals that actually will help people, okay? And those three things that I discussed tonight, 100% of the people out there, if they hear, look to interpret and actually deploy what it is that I'm putting down can actually succeed with a message. Guys, I appreciate you tuning in to The Message, man. Leave your comments at the end of the live stream, man. I don't get a lot of them. If you like The Message, subscribe to the channel. If you don't, go ahead and leave the channel, all right? Don't let the door hit your ass on the way out. I appreciate you tuning in with me on this Fastest 60 Minutes on YouTube. We will be back with you next Friday on the Independent Investor Channel live stream. Be well, guys. Have a great rest of the weekend and we will catch you next week. Oh! Oh! Oh!