 All right guys, we'll take this opportunity. Welcome everybody to the independent investor channel live stream on a Friday evening I touch early two minutes. Okay. It goes with the philosophy that the early bird gets the worm This will be my first kind of roll out an introduction to this. I'm just gonna show it real quick I have not done a video on this But this is the newest addition to the independent investor channel portfolio family And there's some strategic reasons why I entered into this I got cold feet with the RQ TFs when I haven't liquidated that portfolio This what I'm going to show to you guys really really quick just on the onset Is going to give you a quick snapshot of what is actually in that portfolio So what I did is I took the 10 sectors minus real estate I put real estate into the Roth IRAs So I strategically took the other 10 sectors of the S&P And I went on a shopping spree and bought the stocks that I wanted to buy Stocks that I had researched for many many months and in some cases many many years Companies like Bank of Nova Scotia TD that I've owned before Companies like Goldman Sachs Costco is in this portfolio Nike TJ max all those good companies that I have never actually owned There's a pretty good spackling of stocks in this portfolio Let me go back to it and I'll grab the link for you guys. You don't have to I'm not going into it right now Because I do want to have the opportunity to actually roll that out But this is a non affiliated link. So it's just for your guys's visibility visibility and enjoyment. There it is So the early bird does in fact get the worm on the independent investor channel I know we kicked off just to touch early tonight. It just seems like I don't really have Quite enough time This is the fastest 60 minutes on youtube. I am one of the original youtube live streamers Back in the day when nobody was doing live streams So it's great to be with you guys I run my program a little bit different each and every person who makes her way into this opportunity Is part of the opportunity. They are part of the movement Each and every dollar earned as a self-directed investor It is one dollar in the bucket that solidifies your place in this program. Okay It's my job to facilitate and bring people together If I'm seeking out and experiencing success on my end Then I know that the masses have the best chance of experience experiencing the same level of success that I am because This program that I initiate I try to shy away from words like even investing Or stock market analysis I really try to talk along the lines of Making this a little bit more commonplace in our everyday language. That's why you'll hear me talk about things like wealth building Instead of investing I'll say hey, I want to become a participant in the market And that's really what you're doing and that helps separate the investors from the traders Investors really want to have a piece of a company long term. That's really what it comes down to you guys and I think a lot of people need to sit back Sometimes and say Do I want to become a participant? Do I want to own companies long term? Do I want to own a piece of these companies these 67 stocks that I dropped in here? I've got a few hundred dollars each But this is the dividend growth portfolio that's going to take me to the next level. Okay I really felt with the five stock portfolio with arc ETFs. I felt like that was a little bit heavy-handed in risk Now that doesn't mean that I surrendered the arc ETFs all together. Okay um What I ended up doing was liquidating and taking some fat profit rolling that profit again for the second time In that portfolio. It's a great feeling to have invested Uh in with house money. So a lot of those positions were bought with some house money So 14 3 is the starting amounted. It'll be fun to watch it grow yada yada, right? But I ended up taking the arc kk and that ended up Providing a strategic angle for me and my brokerage account Uh 25 share position. So a little bit lighter than what I had in the m1 finance But I just felt like the m1 finance Made me a little top-heavy in growth. Okay, so no problem I took my second favorite arc g and put that into one of the Roth IRA accounts So I did retain the two of my favorites. I really liked the other three accounts I really did unfortunately meryl, which is something that I shared with my private group Did not accept my order for uh the technology Arc ETF. I'm not really sure why that was that was part of the band list It wasn't listed So I don't know what the deal was but I was unable to duplicate that trade. I did in fact try But I was comfortable with that. I took the two And and carried those over into the larger account. So I still kept some Some exposure to the arc ETFs because I really like the products and Make no mistake. This has nothing to do with my thesis on arc ETFs long term This had everything to do with my specific portfolio Moves and to take some risk to delever some of the risk on on what I look at to be a lot of money You know $15,000 in that portfolio is a lot of money And I really wanted to leverage it in the way that makes sense to me kind of speaks to the theme tonight I'm really going to be talking on the lines of of expectation Of what as an investor you need to do to render the most success in investing and social media experience always has me Regrouping and reassessing my application. What I mean by that is sometimes I'll deviate Because of the influence of social media and I have to digress every now and then And really just ask myself. What what am I trying to do here? And I want to invest the way I want to invest and I share that openly with you guys I win in a lot of different capacities on the stock market Specifically the five strategies that I deploy And I think when people approach the stock market for the first time I think unfortunately they try to tackle the whole thing in its totality and take one big Bite instead of taking it in phases and looking to evolve as a stock market investor Starting with that passive base, you know getting yourself used to the fluctuation getting yourself used to the aesthetics of your broker And then maybe down the line put yourself in a position to do what I just did with the m1 finance and to To kind of leverage up right to kind of Add an additional angle or or strategy to the portfolio that wasn't there before Okay, so super super important to keep that in mind when you're identifying your own personal strategy I know a lot of people will come in and they'll opt for The the the growth strategy and I know there's a lot of people that are into the swing trading strategy But I really think you need to give yourself a fighting chance on this gig and and Getting involved in the stock market becoming that participant that I talk about It is good enough for me on the onset It really is because I know that the masses are going to have the best chance Of success in stock market investing If they just give themselves a chance and they really really try to Evaluate and and step into it lightly and give themselves a chance to align What type of investor they want to be okay? Now new investors may come into the opportunity for the first time And I've heard a couple people say man, I catch your live stream and I don't understand what you're saying I hope that's not the case for a lot of people man We're we're a make up of a lot of regular people in this group I just saw j mac investing popped into the gallery Which I'll make sure and get him on the live stream after we do the intro And I I'd like to run through the portfolio review real quick jason if you don't mind So if you want to give me like, you know, five more minutes or so you're welcome to chill out there in the gallery I don't have a beer for you. I apologize for that man. He's got his own So we're gonna have a lot of fun tonight guys Really appreciate you kicking in here and and supporting the message. Remember supporting this Message in turn is a lot like supporting your own initiative And that's exactly what it's about being an empowered self-directed investor. Welcome everybody. Happy friday to all I Try not to get too caught up in the success of stock market investing because I I say all the time if you're going to get involved investing you're going to have periods of appreciation And you're going to have yes periods of depreciation or retracement in the portfolio When when things are good, I don't mind coming on and saying that they're flush I really don't because again, that's that's part of stock market investing I don't I don't think I wouldn't do this if it wasn't about the money. Okay. Let's let's be real Yeah, all right If if if investing didn't exist and it wasn't a wealth building vehicle I don't think a lot of people would try to pursue wealth by becoming a participant in the market, but I will just say and I don't know if anybody else is experiencing what I'm experiencing I'm less than 19,000 away from that half a million dollar mark I took a $10,000 up just this week And actually a $40,000 up in the last three weeks So things are really on fire. They're great. It's great because guys I can't I can't be a proponent of stock market investing if this stuff doesn't work So it's very very important for me to roll out What I do with transparency and keep the two separate in that this is the way I invest Okay, this is my program. This doesn't have to be your program I can't say it any more simple than that. There might be certain aspects of my portfolio that you like There might be other aspects of my portfolio that you don't like You're not going to hurt my feelings as a matter of fact You're going to get my encouragement if somebody comes and says why aren't kkk here ryan? I don't like Boeing What are you thinking with with altria group and I'll tell you and we can agree to disagree or we can agree to agree But a little bit on the cash Rich side here with just close to 15 percent in the cash and the taxable brokerage Right and some contracts in here very very happy Little bit of swell in the portfolio Obviously with the highly on news blowing the stock up Rightfully so a little bit of some profit taking today on the stock. I don't really care. What happens with the stock I'm not investing in it for a headline Um, I liked the news that came out, but nonetheless the real proof test is going to be the 23rd Uh, let's make no mistake about that. All right So there it is 102 682 and that the rock number one is really exploded quite nicely. It's it's really swelling up Um comfortably in that six figure range. Hopefully we can stay there I I don't know jeez this market if if anybody's got it figured out, please raise your hand and let me know Um, I'm not one of them. So We're strategically making moves. I'm watching it like a shark But there's that arc g position that I was kind of telling you about Rolled out some of those positions from the aggressive growth there on the other side in google Um, and uh, I think that's the only one from that aggressive side. Yeah, it is And then still holding the ipo. We was a real performer outperformer today really did quite nicely And we hold a healthy position in both those in the speculative And then of course the value aspect and and and finally the the boring old passive in the portfolio This boring old passive is kind of making me wealthy Um, and it it's a good indication for a lot of new investors to say I can do that to start Um, the answer is yes. Yes, you can So there's there's rough one and roth two here is treading right along these values Kind of close the gap with each other crowd strike Was a real a real standout today. It is one of my top five growth names for 2021 in big tech growth kind of to take this back play Out of it kind of to take some of those new ipo plays out of the equation there Um, crowd strike is one of the top five who is uh, crm sales force and amazon which is kind of taking a break Facebook and and google. All right So so there it is. Those are the numbers. That's how they shake out as of today So that gives you guys a little bit of an update there and then the the passive This is again a maintenance free portfolio doing quite nice with the uh with all 11 sectors in this taxable Closing in on that 14 000 remember the initial goal here guys was to get to 10 000 Okay, so the next step up in my game is 25 000 Okay, don't make this more difficult than it needs to be and we're proven that we can do it in a number of different capacities Okay, now that the portfolio that I just rolled out to you guys the 67 holdings I know there's going to be some schools of thought out there that think i'm crazy You can think what you want. Uh, this is what I wanted to do I wanted to grab some exposure avoid overlap In this small portfolio and and this is what I did These are the goldman sacks the the cost goes of the world Some bank of nova Nova scotia things like that that I just can't find a place for in my other portfolio I mean a next-terra energy right some of these companies that I want exposure to Um, but it just made sense from a baseline perspective to add these into the portfolio and really start a dividend growth portfolio I really like the way m1 finance functions with wealth building. I really do and so this is a a step in that direction to embolden that real quick 46 69 that's just the tsp. They're doing quite well. That's tread treading right along and I'll skip over the options It's really it's kind of the same Holding on to those and there it is just less than 19 Pretty stoked on that progress man So that's the way things have shaken out and hell. It's just a number. What what what does it mean? My goals are to continue toward that financial financially secure future For me and my family and I believe i'm doing that and I believe more importantly for you It's absolutely one of those things to where if you're making your way to the message You're going to hear it both from myself and jmac Investing that that that you can do it as well and and that's the inspiring message guys at this point We don't need to do this. We don't But I do this out of sheer passion for the mission At a sheer passion for reaching one investor at a time out there And when they come to me and say hey ban, I've been catching your message man. Good job or hey You've been you motivated me to kind of take a look at the stock market But look at it in with a different lens. That's what's important Not just jump in like everybody else is jumping in I had a colleague at work tell me Hey, I had a friend that made six million dollars on game stop Um and and I don't think he's I don't think he's bs in me And I said well, how much did he have to put at risk in that to make that six million? He said 200,000 I said I'm like 200 thousand dollars man to put to risk like that That's not investing. It's gambling. You might as well just go play roulette And I just want to keep those two swim lanes completely separate if you can make money Doing one or the other great I just think that investing and value investing or any capacity of of technical investing fundamental investing etc Appeals to the masses. So with that man, I want to bring on my friend Jay Mac. He's in the gallery here. He's waiting in and We can run this thing together Jason. Welcome to the live stream, man Do I got you? It was me if I'm bad I know I got you. Yeah, oh you're coming in. Okay Yeah, now it's loud and clear. I got you Okay, great. Yeah Nice to see you. How's everything? Yeah, everything's super good, man. Um I it's just you put in years in this mission And it's nice to see the stock market do this It's I don't know if this is a blow off top or Or or what? I mean, it's not going gangbusters. It's a pretty controlled rally But there's just a lot of under churn. There's a lot of values doing really really well Um, I I had a penny stock and I won't name the ticker symbol Because people see my people who see my portfolio They know which one i'm talking about because sometimes they ask me about it because they're very astute And it went up 600 percent this week and I was like, you've got to be kidding me, man The stock market must be going crazy if I've got a micro penny stock. I'm talking about point 0002 I own 500 shares of it. So if it does anything interesting, hey lucky me, but I usually have no such luck, but when that stuff's going on, I just throw my hands in the air and be like, hey It's good to be alive, you know Yeah, it's everything with you Yeah, great. Uh, I mean to that point, you know the uh, I was watching. Uh, I always watch, uh josh brown off of CNBC He's like one of the only guys, uh, but he's got he's a youtube channel, you know He's really good really good, right? And so I love his analysis of the market So, you know, so him and the other guy, uh, do a weekly like podcast where they go back and forth Um, it's and they don't know what each other's going to ask each other and so it's always about, you know What happened in the market this week? Well, uh, one of the things was, you know, that the small cap Market has went just parabolic. So to your point As a matter of fact, you know, I'm you know, very active on twitter And there's a lot of guys who are, uh, penny stock traders that tagged me and a lot of stuff So I'm usually I keep up with a lot of this stuff and uh, you know, so in the nasdaq in the new york stock exchange There's there now there's only two stocks left On the nasdaq and new york stock exchange that are Um under one dollar every one every single one of them It was like this game that uh penny stock traders were playing Any stock that was under a dollar, they just started playing it and now they they got it to where there's only two left Oh my gosh I played one this week, dude One like one of when there was three left. I picked one and um, I mean, I'm not not big, you know, man I put, uh, yeah, I think I put, uh 1500 dollars in it and I made and once it hit two grand I was up like 20 percent. I sold it That's it. Take a little profit But I just saw I just saw that this was something that again like, uh, the like the wall street bets thing This is something that people were doing and it was strategic. I'm like, okay So if you could if you can Carefully play with those things you can you can you can scalp a little bit, but I'm like you there's no way I'd put 200 grand up for anything unless it's something, um fully Believe in that if things went south out is something I believed in, you know what I mean Well, that's this this friend I was speaking with that was the very reason why he was reaching out to me Because in the same breath, he said well, that's why I'm coming to you Ryan So you can find that that next moonshot for me and I was like, well, hold on time out Let me explain a little bit about about what I do I might just bore you to hell because I I've had people come to me as well Colleagues of mine that are very heavy into bitcoin And and the grander cryptocurrency market, which you know jason, it's really interesting I I've probably done more research on bitcoin than the average bear Enough to justify Taking a speculative position in bitcoin and have chosen not to Do you have any opinion at all on bitcoin or or a consensus from your crowd on on what in the hell Is going on because I I'm a little bit Frustrated You know, I just man do fundamentals even matter I mean do you just need to catch catch a wave get on it for a bit and then look for the next wave Is that really where we're going? Well, I mean with with though, I mean, you know what you can really you really can kind of look at bitcoin like, uh Gold or silver they really they really aren't you know, I mean, I know that they said gold is as pegged to gold But is it really the ETFs with Five, you know 400 billion dollars back worth whatever You know with that much money into an ETF. Did they really have that much gold? You know, I don't know. I probably they probably don't so I think it's just because of When you know when there's a good high chance of inflation people You know these kind of areas People people go to you know what I mean? So I think I think bitcoin now is is now like Of a hedge like gold or silver and You know, it's funny and my brother is it was now, you know who So I used to be I used to dabble in crypto You know in 2018 And I lost my shorts and I never went back into it But you know, I remember doing and I got pretty Like you I was down in the weeds. I mean, I totally understand the technology I understand all of the you know, all of the semantics around it and I understand, you know You know, just as much as anyone else that's pretty well versed in crypto and But now he's in it and he used to mock me when I was in it, you know, and he's like day trading crypto So, you know, you know that this it's like a It's like a real real momentum thing when like everybody and their brother no pun intended is Starting to to to dabble in it. It never has when they're seeing numbers Bitcoin 50k, you know stuff like that Oh, josh brown too made a good point this week on cmbc. I heard him explain Bitcoin as an asset that he owns He doesn't understand And that he dubs it an asset that I want to get this right for the audience That goes up and the more it goes up the more people buy it making it go higher And it's like wow kind of goes against some schools of thought of You know, I do I don't want to get too crazy on crypto. It's out there I think it adds a little bit of wave of excitement to the market Maybe it's bringing new folks in I I actually would love to have it to be some utility j. I was so close I've had my coinbase account Downloaded on my phone for years now and it's never held a penny And and and just last night I was sitting there and I almost hit the hundred dollar deposit mark Just because but it's just like I it breaks my rule of not really knowing what in the hell or why the hell i'm doing it Is right and I guess it's my own barrier. I've got to get over I guess but I just I feel like i'm forced into it because the crowd's forced into it and Yeah, I don't I don't like to feel that way. Yeah, I mean I don't know the way I am about it is I don't I don't uh You know, like I dedicated a channel on my discord board. I let the I let folks talk about it I don't I don't even go and involve myself in a conversation I don't ridicule anyone who invest in it. I don't argue with people, you know, and so I think it's fabulous I I don't know about some of the other coins like See, I know more about bitcoin than any an ethereum. Those are the two, right? The other stuff I don't understand why we need a thousand different. Yeah, we definitely we definitely don't I mean and like it's just really There are some and that's my and hit This is where I'm a I'm an outlier and so Usually when I say this the the the bitcoin maximalist or the crypto like super enthusiast they You know, they're gonna go, you know, they throw tomatoes at me, but um into the day listen you know This this thing runs off of servers all around the world, right and in some cases a lot of these cryptos are running because you know the You you download the blockchain to a computer and then you can begin to be and you can be a part of the process of you know, uh verification of of blocks on the blockchain, right, so um, but a lot in a lot in a lot of cases these these things these things are running on laptops like you've got your desktop computer right there, you know, and I'm like the way this thing is going to scale and and the Blockchain itself the technology is fabulous But it's going to be eventually it's already being worked on by the likes of IBM and facebook and big big huge companies that have the server capability to put to spin up servers that could Uh, you know where a whole whole countries even nations You know across the globe can Interact and there will be no latency, you know, and um, so it so in my humble opinion There's gonna be something somebody like IBM or facebook that's going to create a Globalized currency crypto not not one of not even bitcoin bitcoin is just going to be a novelty That's probably always going to be valuable, but it's a novelty I 100 degree with you on that. I think I can't wait for that day I think it's brilliant. Um, I guess it speaks a little bit more, um to my Diminishing bullish thesis on physical banks Are we gonna have physical banks in 20 years? so far Banks like so high and well that that that speaks to my bullish initiative on on that that theory, you know, I I know I know that that financial institutions they make their money in a lot of different ways that You know, that's their bread and butter. It's not necessarily the retail Clients that will come into a physical bank is their bread and butter anyway, but But yeah, so if I thinks it's got it got it figured out it had a nice date today Jay, you know, I I always enjoy to hear your perspective on on the SPAC And I don't I don't want to put you on the spot if you don't have any news to But I kind of want to throw you a softball because it's my most enjoyable thing to ask you about Because I'm just confusing as I'm confused as hell as to what that I just I don't I don't know man. I'm I'm really I've digressed on my application I think there's just a ton of money and it's hard to walk away from what I feel like is Is very lucrative, but I feel better about it I really do I feel better and and it speaks to the masses too that You know, maybe come into investing and they're like Jesus, where do I start? You know, do I start with with apple and microsoft or do I start jumping into a few SPACs here? I don't know where to start, you know, and and I and I think it speaks to that grander discipline and it It takes some discipline. It takes some research, but but tell us what you got man. If you don't mind Yeah, we are um, I for sure will but before we transition I think like I wanted to piggyback real quick on what you're saying about banks because even like rebecca Is asking there wouldn't the banks eventually jump on the crypto crypto bandwagon If it truly becomes a viable choice. So really the only thing that the only reason we need still need brick and mortar Banks is to when someone gives you money, you gotta The only way if you're gonna not spend it Is is that exchange? So yes, so that's where the digital currency comes into play at some point that once if Once and if we do away with physical The currency and we have a digital currency. There's no more need for brick and mortar banks, right? period and at all really So that's yeah, that's really where that goes where they really do go away at that point SPACs, I mean, uh, so it was sort of a weird week this week this week I can give you a bit of a recap it was all about the freaking lucid motors rumored It still hasn't finalized and like trillions of habits. It's probably not trillions of dollars, but Like so much money is going into this thing Listen, there's never been any any type of SPAC like this um, where So it's still a rumor, but this thing ran up. It's at 40 dollars With with no definitive agreement. It's still just a room a bloomberg rumor The warrants hit 19 dollar 19 dollars today Oh, no, man And um, I just I that that's that's stepping over the line there. I mean It I mean, they're gonna get a definitive agreement, right? Yeah, yeah, they know that the stars of a line such that they're just waiting to be cherry picked so But it's just one of those things that's just never occurred where people were I mean and to to the to the credit of lucid motors. I do believe it's probably the closest thing to tesla As far as automobile ev makers that there is And that there will be, you know, honestly, so It's it's a it's a legitimate company that's you know, just you know, a pretty awesome company, but like me. I um, you know, I Speculated into it and I've been trimming my position the whole way And I mean but most of the people in my discord and most and most of like if you go on twitter Like uh, I decide only I haven't even been talking about it on twitter because I've been selling all along the way and uh, but you know, it's just kind of like Crypto where it's like, you know, hold or hold don't don't sell, you know, or like the game thing I'm like, man There's so many good facts that yeah, okay This thing could go now from 40 to maybe 80 This one could set a record and be like the most expensive back ever But I still I still don't feel like I'm gonna miss out because I'm gonna I'm gonna make up for it and some other facts that I know Or that I know I don't that I don't know if it fails or it doesn't come through You know, there's just too much risk for me involved. I mean, I'm still I'm still I still got that that conservative dividend mindset even with my uh spec speculation, you know Oh, you can have you can have both mindsets jason. Yeah, exactly As a people don't really understand is that you don't you don't have to buy into five philosophies I could name all five of my strategies. That's why matt im is saying i'm so confused Man, do yourself a favor matt stick around. Okay. I jason's been investing for 68 years in his life Okay, and I've been investing about the same. No, I'm just kidding. This this is an ever-evolving um, a craft here and and Jason I I don't again want to speak for you. I'll speak for me I I spend a lot of time paying attention to financial markets. Okay You know more than the average bear So if you come in here on a live stream and after 33 minutes expect to leave an expert Um, I do apologize if some of the lingo and some of the conversation, but but a short year ago I didn't know what a SPAC was either. Okay, so so give it a give it a chance Sit back and and don't don't let this opportunity slip because You know, I I wasn't sure I was prepared to do kind of a lesson tonight on on where I think people really f up in the market and I see it day in and day out even with people that I engage with what brings them to the market What they think that they've got to understand about financial markets to get started And man, I hate to say that it's wrong. I hate to say that I mean, who am I right? but Man, there's there's there's ways of of stepping into the market And giving yourself that chance rather than just coming into the arena and thinking that you need to Beat beat it or figure it out. Yeah mark markets aren't some aren't like that I mean, do you want to do you want to say a little piece on that jay? Because it kind of goes in with the theme tonight on Where I see a lot of people kind of messing up either they're too involved in the market or they're not involved at all Or they're not involved enough, you know, they're trying to find that sweet spot right, yeah, uh, you know, yeah for sure. I mean, it's I mean you you come in and you uh Usually you usually mess up But that's the thing that right now though Many people are coming in and they're not they're not Experiencing that yet, but there will You know, there's a dose you experience failure and then you recalibrate and you you You know, typically people move move into ETFs and Or dividend aristocrats things like that to start with and that's what you should do probably to start with to learn some safer plays maybe while you're even maybe trying some other things but uh um, it's really experience is the best teacher I think but you know Yeah, if you if you listen to someone like Ryan, you know, you can he can help, you know get Uh, help you from getting burned maybe so much that uh, you leave the stock market. That's the thing we don't want You know, we don't want people uh messing up like that. So But to Matt to what I'm talking about with SPACs is they are Just like an IPO and if you know what the IPO is, but it's just another method of IPO So that's what we're talking about with SPACs just to dumb it down and and make sure you were you're on the same page What we're talking about there, but it's a reverse merger type of a play So anyway, you can you can go off on a on the tangent with that and then run and do some research on that But it's a whole nother niche market in a in the stock market that has now grown to a massive Uh To just about as big or getting close to as big as the IPO market So something you should have on your radar to find some companies that are, you know, very early stage Where you couldn't invest in these kind of companies before but now you can through a SPAC. So that's kind of what we're talking about That's the way I look at it. I look at it like opportunity But I I just think a lot of people to start can be like, hey, do I have a 401k or do I not That's the first question I ask people and a lot of people are like Yes, I do and I'm like, do you know what's in it? And they're like, I have no idea and it's like, well, okay You might want to start there because being conveniently naive Isn't necessarily good enough a 401k kind of allows you that out But if you are contributing to a 401k what people need to understand is look Are you happy with that? Do you get a company match? Is that something that you want to rely on independently for the rest of your life? In other words, have you taken a step back and asked yourself? Hey, maybe there's some opportunity to to layer up a little bit Maybe there's some room for an individual retirement account Maybe there's some room for an individual brokerage account if the answer is no no big deal, right? There's no right or wrong answer It's just starting that conversation with people so they understand that man alive if the answer is no I don't have a 401k. Well, my answer back to you is Investing for you is not like something you should choose or not to do I'm telling you it's a necessity whether or not you like it or not Like you have to invest like what are you going to do down the line, man I mean, do you want to be financially secure or do you want to be a minimalist? You know living that You know vagabond life, which I think there's some beauty in that too. Don't don't get me wrong I I'm not here to judge. I'm not telling you money's going to make you make you You know successful. I'm not telling you it's going to make you happy But if it's something that you aspire to Then you need to start to put the tools in place to make some of that stuff happen And this is how you make it happen I don't know Yeah, for sure For sure. I mean, um, yeah, like I always I kind of jokingly say when people Exuberantly start investing and then they experience their first volatility And then they then they begin to come, you know, again to back or Down talk a specific specific stock or ETF or or just or whatever or ridicule some someone else about their decision I'm like, well, listen if uh, if you want you can just go right go back to put your money in savings You can get about 0.4 percent right now So that's your choice, you know, if uh, if you can't handle the so that is the other part of That is if I can and I say it regularly to you know people if if um, if there's one thing you can learn during this investing journey is if you can Begin to learn to handle volatility you have to begin to Be able to See beyond downturns and see opportunities during downturns if you can do that That's when you can become a successful investor and successful in the stock market Well said well said there's a ton of people that'll benefit from that insight You know and and I say the way I explain it to new investors when they come into the opportunity You know, we want to be the best parent we can be we want to be the best spouse we can be We want to you know, try our best to eat. Well, you know, I'm still a few pounds over from the holiday You know, when you when I go to the gym, I went to the gym yesterday, man And I was bench pressing I bench press with emotion, you know what I'm saying when when ramstein comes on man I'm ready to rip. All right. I mean freak. That's my that's my medicine, baby It's an it's an emotional thing and we're emotional creatures The stock market is the one thing that you need to learn the discipline of investing like a robot All right Investing with emotion like like this week. I was up 15 grand at one point in highly on and I was like God's honest truth I've been through this so many times I knew the sell-off was going to happen today And I was actually happy by the action at the end of the market settling right below 19 Aftermarket right at 19. I'm happy with that because it was in some deep water there, you know but just one small example fairly big monetarily but One small example of just Getting to that fitness level because there there's an emotional Fitness level for the market. I hate to use that term because it doesn't it doesn't speak to how Important you have to be when it comes to how neutral you really need to do with sitting back Being deliberate and say why am I doing what I I'm doing? Answer the five questions. What where when why and how? And and once you've done that you really understand why you're doing it Then then don't be pissed off or surprised when Something doesn't go the way that you expected it to go. That's the problem Most people think they're going to enter into investing and and they're going to look at it every stinking day And every stinking day it'll go up. I even have savvy investors that come to me and do this They're like, hey ryan god the market's down two days here, man, and I'm like So what like I I don't I'm okay. I'm trying to understand where you're coming from and I'm not trying to be a You know an asshole about it. I'm just it's irrelevant I'm I'm interested in focusing on things that are relevant and that just isn't relevant. It's not Right. Yeah, and and uh a counter to Like learning volatility and like controlling yourself on Red days. This is something I've learned more and you know, this is I'm about two years in now So I'm just starting to learn this now is on really really and you because also I was more by and hold But now I'm in more of a I have a lot more positions that are more trading. You know that that I'm trading So so now on really hot green days, you know, I'm learning that those are the days where you take profits, right? so So you so so cash in on on if and this is just Depending on your style of investing I'm not telling you if you're a buy and hold investor to do this but if you're uh, you know If you're a semi trader if you trade some in your account When it gets real hot don't think all right. Yeah, I'm the man. It's uh, this thing is gonna keep Let me ask you it. Let me ask you just a piercing question. Do you think you're good at what you do jason? Uh, probably in other words, do you do you make money off of your trades? I've been doing well, but uh, I still say I'm probably I'm I'm probably mediocre and on on the way up Evolving I think you're probably not being quite fair But all right in your words mediocre and I I think you're being a little bit conservative with that But here's the thing man. If somebody comes never apologize for your style number number one I've learned that and I've had it tested on social media In that I have people that'll come on and be like you suck because you're this or you suck because you changed your mind and Or you just suck because you suck or whatever and it's like, you know what sooner or later I hear that stuff enough and I'm like, you know what people suck screw off Right cares, man. I I don't you know and and I think you're being a little bit You know close to the vest with that. That's why I asked the question But here's the thing. I want people to really really understand, man There's there's a lot of opportunity in the stock market. There's a lot of opportunity But what you explained there you hit on a couple of discipline points Like you're noticing that while everybody's buying on a euphoric green day You're doing what i'm doing jason. I don't know and it's worked for me for many many years Many many years and I look forward to those days that are down big I I don't I don't care at all about the red number in my account which seemingly is everybody's focal point Right. I don't care about that. I care about how can I increase my share base today? At a cheaper price and that right there is the secret sauce of investing if new investors can hear that and be like Wow, I just heard in two different ways jason explained it one way and ryan explained it in another way Kind of scary like dang ryan. You want me to buy when the stock market's down? That makes no sense Well sense is an emotion Or an instinct and I want you to get rid of all that crap. Okay investing man requires discipline and it requires you to Do what it is that the crowd is not doing most of the time Right. Well when someone else is getting real excited about a stock And it's starting to pay it up on it. That's when you start cash now Exactly But hey, let's do let's do a little talk a little bit. I know you want to because 45 minutes. So I know you might want to talk a little bit about highly on we got to I mean I had I had I had to go on twitter and And kind of you know, because I you know a lot of I'm a long time tied to highly on obviously and so, you know, I get flat I get flat on social media sometimes Okay And and you go first and then I'll give you my perspective because right people are gonna want to hear this Yeah, um, I'm actually making a video tomorrow too. So I'm not gonna go I'm not gonna pick up the points that I'm all the points. So but at the end of the day at the end of the day What we saw this week was what I always saw was that This this is a this is a company that have made all the right decisions And they've and and what it really does is it validates the team and the engineers that are at highly on that People are like, what are they doing? What are they doing? They're not doing anything. They're not making announcements. They're working So they're just they're just behind the scenes working and they got, you know, killer innovative battery technology now that's You know insane and um, uh, that's going to you know, and um, so it's just a validation of the what we all saw and and Well, what the people who you know who? Who bought and sold out and got angry? But at one point they saw it too To me, this is what we we saw this week, you know, I don't think this is gonna be enough momentum to keep the stock price Moving upwards. I think it's still gonna be volatile I really I I know I heard you say the earnings report. I actually still think we don't really get the breakout until Um, we we see that first contract with the erx hybrid But I mean now that you know, you could see If they've got 50 60 hybrids See they beat on earnings last time, right? So and people don't understand that Because they're too busy bitching My expectation is not to come out with a beat on the top and bottom line for highly on that That's not fair expectations of a company that's looking to build out, right? Pre revenue. Yeah. I mean, it is what it is That's right. It's a brand new company um But this battery company what people don't understand as well that this was in the investor presentation, right with the Toshiba cores. They they acquired this company. This was an acquisition that was made before they went back Um, and this is an improvement on what is going to be the heart of both the hybrid and the heart of their hyper truck erx system Okay, so you can imagine these guys sitting around with their and their engineering group right now their technology group because it does mention that additional piece to this is the A battery monitoring system the bms, right? This is huge for these guys the cooling The four specs of emphasis Blew blew it out of the water. I there was a reason why the stock popped Because that was a big deal. Okay. It was a big deal. It was a big deal Yeah, no, it was kind of a technological breakthrough for just the battery industry really Yeah, eight minute charging which for highly on what people really don't understand is it's a step in the right day for bev Right, but for their on board system that thing is charging as it's moving down the road. Okay So the cooling aspect and the ability of it to take a charge within eight minutes is Freakin a technological breakthrough to use your words. It's impressive And then with the management system technology on there and the and the cooling system That's huge now what was not said in the report this week was what was initially rolled out with How good this acquisition was on this battery system? This battery system is supposed to 2x Any chassis that they put the thing on in other words the question as well Is this going to be a Prius where they're, you know, having a high cost of replacement at five to 10 years? The answer is no This is this is a long life battery in there And you know, it's funny too Jason as I read all the short reports every single day on this thing And what they fail to do is actually tell the story correctly Which it pisses me off Which I understand why they're doing it, but When you read those reports you have to read it with a lens to understand that they have an objective And they have a purpose an emotive And I think it's really unfortunate. Okay, they're not writing those articles just for information Let me tell you that much right now They're getting paid a lot for it and they're getting paid from someone Right to to write that stuff. You'll notice that one day will be one way And then another writer from the same organization will write and go the other way with it Jim Cramer Well, I think I think Yeah, it could be I I don't know. I don't I don't watch tv anymore Jason. So I don't know. I don't know what Jim Cramer's doing I'm just saying he seems to short a lot of specs. He's he's been targeting specs for Six months like he He goes hot and he goes cold on them Sure So highly on acts like a stock that's that that's got a 20% short float Because you get good news on it and then exactly what I presumed happened would happen I've been watching the price action every single day I watch it Very into I'm very very into being an investor in this company I mean, I made the quintessential definition of a company that I want to be part of I'm that that's how I look at it. So I I I don't really care. I mean you look at it. Well, okay It spiked this week. That's all lovely the fact of the matter is the stock is up double since it came pub since it came IPO right came back at 10 and a half dollars 11 and a half dollars whatever it was You know the the warrant piece to actually get that off the books was a good thing for the company. It sucked for me It ain't my lunch, but I I understand why they did it and I think long term. It'll be a great thing But the stock is up, you know 100% So I don't understand what people really want. It's valued at three billion right now You know, I think pre 20. It's it's a good opportunity to add to your watch watch list at least Don't don't don't just jump out and buy it because you know, I've got a rather large position in it I've done my homework I I can go through being up 15 grand this year and then giving back six to the stock gods today And then see it kind of settle out at the end of the day and be like right on man I really enjoyed the price action of that. I'm very encouraged by it. But uh, yeah, it was good news I look forward to your video. I really do. Um, it's an investment for me It's obviously not a spack anymore. The only spack I own is sofai. That's it Um, that's it and uh, we're gonna take that one long as well because where you're playing kind of the short game I'm looking to play the long game and I think both strategies have its merit You really have to just be very very careful in that Mid-range game. That's where you can really get burned with these suckers Yeah, for sure for sure. Yeah, I mean While I while I say, I don't think it's the breakout point. I do think it is a new momentum point for The company so so I think we're now it's moving. This is moving it out of Maybe some bare territory into uh, maybe a little bit of momentum. So Technically it works Okay, so technically it blew right through. Okay, you go up 30 in a day. You're going to get people's attention All right I'm sure the analysts that downgraded it to 12 feels like an asshole Which he should I mean that that that just reeked that report was so terrible I'm surprised that they let him fly the goldman sacks flag because that's embarrassing That's embarrassing. That's embarrassing. Just like a lot of that other crap It's like they don't if they want to write a piece Why don't you read about the company and actually speak intelligently about it? So you actually know what the technology is the the iron the ironic part that gets missed all the time with highly on and we Could talk about all the deals and all the the the customer base that they're acquiring But what it is for me really is that this this company is a technology company Okay That's the key the the ability to build a smarter truck and game out the routes before A company engages in that is incredible that it's all about data And it's all about putting the right truck on a route putting the right driver in a truck that has certain characteristics That's the crazy part and that's really where this isn't coming from me guys. I didn't make this up. Dana did This is where they see the value in highly on that's why they're the number one shareholder And that's why they put their number one stud over on the highly on team Because they want to see this thing through and I believe that they will that's just my opinion. That's all It's a pretty strong conviction. But uh, it's the way I feel. We'll see Yeah, yeah, I'm with you No, I I think you're right. I think the back half of 2021 is going to be a lot more fun Um, you know, it's going to be great. I I took it into a little bit of deep water I'm back in the black on it. Believe it or not um, I was accumulating shares between At the high a couple hundred at 20, but the majority of my shares were accumulated between 16 and 18 That's where I fell the sweet spot. So I felt a little pain in the 15s And then when the downgrade happened, I was like, okay, that that's going to suck That's going to be some red deep water at 12 Uh, I I I don't see that happening. I don't I I think to your point. I think it infused enough of a bridge Um, where you know, I'm interested to hear from sherry baker on this call I'm interested to hear from from heli the updates. We'll just see we'll just see going forward You know not to over overblow the conversation I have opted For the sake of being an investor jason to probably not do any more highly on videos I I I I think it's just a stance and uh An ethical decision on my part Because I've already said my piece. I I I think if you're going to base decision the stock I Kudos to you for coming out with it now pre 20 because I think buying it between 15 and 20 Who cares right? There's no diff But the last thing I want to see is a bunch of asshole bandwagoners coming out on youtube when this thing hits 30 40 50 again And and blowing up their youtube channels and you'll see me be silent Um, and and I do so because I don't want to see people hurt You know by by fomo buying the stock up and they have no idea other than You know, they were told to do so through youtube. I won't play ball anymore. I don't need to I'm fine And I choose not to so but uh last word to you my friend. I hated to Go on my soap box with that stock, but um, I'm super happy with the company. Super happy. I like everything that's in place right now Yeah, absolutely. Absolutely looking forward to it to the future Yeah for sure Well, like I you know last parting words my friend. We've got the other stream coming on as well Um, I I fell off of that stream because I had the shakes last week I had the reaction to my second covid shot. So this week. I'm feeling I'm feeling alive. Yeah I got cold I got cold. I should I bowed out stage right. I was out But um, anyway, no parting words for the group my friend. Please. Yeah. No, I hope everybody has a uh a great weekend and um like I said hanging around uh ryan and um come check me out sometime as well I little you know, maybe some different differing Stocks that we're entering but a lot of the principles apply like we're talking about tonight That if those if those principles if you grab ahold of you, you know, it uh, it obviously helps us we um, we'll see in some some great, uh Some great, uh, growth in the portfolios obviously and um, so so grab ahold of some of this knowledge and uh And uh, yeah, and so hopefully maybe we'll see you back next week. We'll see Absolutely. Yeah, sounds great. Thank you. Jason. I appreciate you man. Be well in the family. All right. Be well Yeah, so what jay was talking about there with the disciplines. This is kind of a new initiative Okay, 10 years ago. You would have never had this opportunity through social media to come on and hear a couple different Applicating styles. There's probably another 30 at least styles that are represented in the community here So if you like what i'm saying if you don't no big deal Make sure that you kick over and use this thread as a drop point for information Go in and grab your subscription to some of these folks because this is the community. This is it right here Okay, nine o'clock. I do not miss this opportunity People need to understand that I kicked the door open for 60 minutes every single friday And it is that important to me because I know in my heart that it is important to you So when I have jason on with j mac investing I I always want everybody to understand that He's going to be a mainstay on the friday live stream He's known for the history of the channel that it's been an open door policy But I enjoy doing the live stream with somebody else It allows me to go through and catch some of the comments In the thread here, you know while he's making his point I can kind of Daisy chain some of the questions in and make everybody feel like they're part of the group But with that I'm going to stay behind after this live stream I'm going to drop an invite into the bottom of the thread right now So don't hesitate every single week. I've had somebody kick on for whatever reason If you didn't want to ask the question there it is. It's dropping now You can kick back into the studio. You can kick in there now I'm not going to put you on there until I secure from the live stream But I just want to remind everybody I did a promo video. I did winston gold They just started producing and they hit me up to let everybody know So both back to back. I did the original video again I should unmonitize that but I didn't I kept it monetized because I like how google Promotes those a little bit better, but kick over man. Check that video. I worked pretty hard out on that. That's pretty awesome Winston gold. It's a domestic player and Joe karaba who's big in the gold industry actually Is involved with that company and and I can't invest in it because I do the promo on it But you guys will benefit from having at least the opportunity to for me to roll those opportunities out to you And at least out into your watchlist. I mean, what the hell it doesn't hurt anybody But with that guys, I feel a heck of a lot better this week, man Getting back into my groove and my routine But I just want to thank everybody for their time man, man from the freaking bottom of my heart You guys rock it out each and every dollar earned on your behalf is a step in the right direction As far as the mission that we're trying to get through and breaking down barriers on this Mission of empowering one investor at a time guys be well and we'll catch you next week