 I Love to welcome everybody back to the independent investor channel coming to you live here from New York City, man This is the place of inception of the independent investor channel We are proud to continue to roll out the product to the grander audience to the channel Special thanks to all the subscribers to the independent investor channel message Want to thank you guys for your time. This is usually the time we come on the air and discuss a Financial markets. We discuss Topics that I feel like are prudent I've got a lot to share with you guys this evening I want to take this opportunity and highlight the first video that I did this week in a long long time highlighting a dural clean technologies. This is one of those companies that I Hold a fairly large position in if you did not catch that video highlighted the update and midpoint look to the Shell game changer program for those of you who do not know a dural clean technology sports a technology that allows their chemistry to Recycle hard to recycle plastics and It is going to attempt to tackle this problem that we have currently With regard to the lack of recycling efforts even here in 2023 And when I was brought to the opportunity last fall I've brought that through the channel to the grander independent investor audience. I think it's worth a second look here I've tipped through the tulips over the last 12 13 14 months since covering the company All to go full circle on the story The stock is up Very nice this week on some news that they have success successfully negotiated halfway through the shell game changer program and that's not seashells my friends that is shell oil The massive a conglomerate a dural was selected through a heavy rigorous vetting process just to get named a final selectee to the to the program and they enjoy the technical expertise as well as non-dilutive funding through the the process but Since last fall since acceptance they have been silent on the line And there has been no updates. There's been some questions of the CEO of the company to try to update And he's been reluctant to provide those updates for the To to maintain the integrity of the program obviously there's a lot going on behind the scenes to help Further that that process and and both parties do and in fact They they they could benefit greatly from this so very exciting times to see them enter into phase four of six of the program They did earmark the Project completion date here at the end of this year. It's just going to be amazing to see what comes out of it I know it's one of those initiatives It's really easy to get behind even if you don't you know take a stake in the company That's not my purpose and mentioning it to you However to introduce it to any of the 16 patrons that have made their way In in the first three minutes of the live stream It could be one of those opportunities of a lifetime to get in on I would say a ground floor opportunity with that said my due diligence has led me to believe that this Opportunity is 10 plus years in the making So there has been a significant capital investment in this company to get them where they are now in their Hydroletic technology development and and then just The acceptance to the game changer program last fall Only allows them to accelerate their their program that much quicker. So exciting times there that was the only release this week I did opt to refrain last Sunday from my traditional release We're just so icy on the landscape there. I didn't feel that it was prudent to even try to push the envelope with that product So we we refrained from offering that for the week. I will try to get something out this sunday if if the mood floats me right, but I'll make that decision on sunday whether or not we end up doing that Another delta on the channel that I wanted to clean up from last friday I did mention that the links to the portfolios to m1 finance Were no longer available That that is I fixed that so I've actually left the portfolios in the script here to the live stream To my aggressive growth portfolio To the vanguard sector etf portfolio and the dividend growth portfolio the last one being the one with 98 holdings in it with about a six three six three Dividend rendering over the portfolio If you want to not hear what it is that I do You can actually see what I do In each of those disciplines those will give you some insight in how I seek my exposure to financial markets Those are covering three different strategies. Good evening to you too matt. I just saw you pop in It's kind of cool. I'm actually seeing some some other channels kind of doing some Livestream financial talk on friday. I think it's fantastic. I think it's great No, I actually talked to kyle a couple of days ago actually who's who's also doing a friday live stream too I've always supported those efforts gentlemen. It's just that simple And the more we can generate churn over the conversation the better i've seen matt on A couple of interviews this week as well and and I think that is prudent as well And you you're all the beneficiaries for being around these great people. That's for sure But the links are there. They're available I've changed out most of the links going back a couple of years on the channel Obviously, I can't change them all because that would take me all day and I don't have the patience I did work on it for about five or six hours going through and adding The new links. Hopefully they do work for you. If you have any problems, please let me know But that'll give you some insights there on How I seek out the dividend growth strategy through m1 finance and it's It's growing incredibly well. It's just an awesome way to invest Amazing to compare and contrast the positive performance in each of those portfolios respective to the lack of time that I spent devoted on Managing those portfolios drooling over um jumping up and down for them cheering them on Fluffing them in the backside. I don't do any of that stuff And this gives you some insight on how I seek out each of those small pieces of exposure Um, it is investing harder or easy That that is a question that I I get all the time and I was privy to some statistics this week that were just released on people feeling on edge 74 percent of the people who were surveyed Said that they were nervous about their financial position and and standing I found that to be interesting. I think it's a tale of the times right now to suggest that You know, things are things are really up in the air with elevated interest rates where we go from here down stay even Increased. I actually hope we stay at these levels for a while Spending needs to curb Um, you know, the real estate market really hasn't felt any of the ramifications of the higher interest rates, albeit There's some cracks in the commercial real estate market and there has been for a while, but In true fashion the retail Real estate market has been slow to realize that On a 30 year fixed mortgage A home is going to cost you a double the interest rate that it did just a few short years ago. So That and the consumer spending I I think comes the consumer spending is going to slow over the next couple of years And I think with these elevated interest rates We're just in a different investing environment than I hate to be all doom and gloom If you read the topic of the title people are going to be like, ah, hell Ryan's clickbait and everybody into the channel No, not really. I do that for for fun I do that to kind of prove a point that if you do actually come into the channel You'll actually realize that me coming on and jumping up and down and light my hair on fire Punching you in the face every week is probably a whole hell of a lot less productive than I feel like just coming on and Discussing the progress and monitoring the evolution of where we are and and you know a week Over week doesn't make any difference at all in the market Since we've entered into september. It's been traditionally slow and that has held true for the first Week or so here in september. It's been relatively weak the last couple of weeks in the market Which is okay, too. I think this might be a calm before the storm in Approaching the end of 2023 that I actually feel like is going to end on a high note That's my presumption 2024 is anybody's guess when some of these Scenarios kind of have an opportunity to play out, which I think we are in the early innings of the real estate situation I think if your own property, you're fine I think if you have the opportunity to save some to cash great Um, if you are currently invested in a home or the s and p 500 you stay the course That's the most prudent Piece of wisdom that I can give you Is investing hard It's it's really only as hard as people make it and it's amazing to me how many people out there misconstrued and Deviate from the most simple path that you can take In financial markets and that's investing passively in in in the s and p 500. It's that simple I've done quite well over the last couple of years in my s and p passive investing Also done quite well in the dividend growth strategy. So I you know, I can't complain I look at the time vested in those Relative to the total returns. I just cannot complain So it it makes me proud to come on and convey those results in a calm cool and collected manner and for those out there that Really caught my message and understood that what I'm trying to convey is that investing As hard as people will say that it is is actually accessible to the masses out there if you just adhere to the very simple Principles that I'm talking about So along the same lines of the statistics that were released this week For people who actually don't invest in financial markets 41 percent to people do not contribute to our retirement plan It really caught my attention 41 percent to the people Now it's it's funny. Sometimes I get the feeling and I understand, you know YouTube is one of those places that's somewhat Somewhat difficult to say. Yeah run a youtube channel. I talk about money. I talk about finances or talk about credit We talk about, you know, passive investing etf dividend stocks and the like You know, it's not suit and tie investing Um, I'm not wearing socks right now I'm yep This is the same Nike shirt that I wear every Friday On every other live stream that I've worn for the last couple of years. Why because it's comfortable And if you just can't sit down and listen to the message and and not expect me to provide you with an oak desk And a fake plant in the corner of my tron studio All right And and and and woe you with my knowledge of investing terminology like passive investing Or dividend growth investing Or dollar cost averaging or here's a good one Diversification See it falls a little bit A little bit light when I'm not wearing a suit and tie Um and and presenting the information from behind an oak desk. Okay. Okay. It's also A less impactful if people are expected to come into the channel and realize that the information that I'm providing Has no tie to it If you do hear the information and you hear what I'm talking about about s and p investing being easy You you would understand the full circle goal of the channel and that is to provide The most incredible information about breaking down barriers to financial markets and doing so Free of charge. There there is no barrier whatsoever. You can own accounts now free of charge You can buy financial assets free of charge All right, and then and then I come full circle And I look at that 41 to people who are not invested in financial markets. Why Why is that? Is it is it the fear of losing money? Um, is it the fact that people justify themselves away from a message like mine and suggest that they just don't have time That they've got that new movie on netflix that seems a hell of a lot more important than Watching me ramble on for 60 minutes about your opportunity through finances Is it the lack of vision that people have for their financial future? Is it not the understanding that at some point it is inevitable in fact to understand that you will be In a situation later on in life Where you would have needed to put a few things in place To allow those latter years to be more enjoyable for yourself and that those decisions That are made early on in life is actually a lot easier than a lot of people give themselves credit for The irony in the whole thing is we look around and in the united states everybody's rich Everybody's driving around Mercedes Everybody's driving around sports cars. Everybody's got that three quarter million dollar house If you're out there and you're saying that that's not me ryan, hold on a second man. I must be the only one here I'm providing that information tongue-in-cheek to Differentiate people's perspective of what's going on and what is actually going on And I think what is actually going on is a hell of a lot more scary than the optics of Looking at society in general and saying that we are a rich society I think we are a society that's laden with debt I think we are a people that cannot And subject ourselves all too often to the whims and temptation of overspending I think we are a people that are Unfortunately stressed to the max and overworked and I think that lends itself to Moving away from mental perspective and focus on those things that are truly important And if that were the case that could actually lend itself to your spending discipline and ensuring that Your ability to negotiate day to day and not get caught up in all the bs. The life would throw at you Well, actually would actually help you focus in on the things that are important and you could come to the realization that the things that truly make you happy Don't have a lot to do with transactional value Ie taking money and or putting a expenditure on a credit card or changing You know services for cash or or rendering cash for a product or receiving cash for a service All of those things are kind of a means to an end But truly the things that will in fact make you important make you that much more happy in life Allows you to look at investing a lot more separate Than your day to day activity The weeks and the months go by in the market. There's no doubt about it The question for you is are you going through and negotiating those weeks and months and years as a participant in financial markets? The statistics are out 41 of The people who were surveyed in this country And the vast majority three quarters of those people suggested that they worry about their finances I in fact do not worry about my finances and I have not for many many years I hope you are in my camp If I could share some empowerment with you, I would wake up with a new renewed sense of motivation to achieve what I just shared with you because it is quite the liberating feeling to Live on this earth and not be subjected to the stressors that can be created by Not having financial security And the statistics are staggering with regard to a $400 unexpected expenditure Putting the vast majority of people who would be subjected to that unexpected expenditure Into a financial hardship The last I checked we were over $15,000 of unsecured credit card debt. That's not mortgage and that's not an automobile Mind you if you overpay for an automobile and you're upside down on a loan that is still a secured Line of of credit per se right on that automobile. I'm talking about unsecured credit card debt the very fact that you Put something on a piece of plastic that is changing something that Has very little to no value in way of collateral Right before you make that expenditure And those dollars of unsecured debt they add up to the tune of over $15,000 per household Are you one of those? I I can tell you I was subjected to the whims of temptation and spending I fought and clawed my way out of it the way that I did it was ultra aggressive And unlike a lot of the strategies that I presume are very very scary for a lot of people to follow In other words overpaying, you know, if you've got a credit card debt of let's say $4,500 paying seven eight hundred nine hundred a thousand twelve hundred dollars a month Just to that debt to see that debt paid down quickly and get ahead of the accelerated Interest payments on that unsecured debt. Those are ways you you have to do it I'm not really sure if there's a lot of people out there that are interested in the prospects of getting out of debt Because that's just the way a lot of people live. I presume I think people are naive to the overhang that can be created by debt I think that it also overhangs and overshadows the opportunity made possible through financial markets To empower your own program. Look guys. I said at the top of the live stream I want nothing out of this deal nothing. I'm fine I get enough out of my relationship directly tied to the stock market without an intermediary All I'm looking to do is define and explain that opportunity to you right So you can see here how the motive on the channel is is quite simple And and quite liberating to be honest with you because you have the opportunity through the channel to maybe be introduced Into an idea that you might not even understood Before or you know, you come in and you're like look Ryan. I've got a 401k. I'm awesome Okay, and I would come back to you and say do you actually know what's in your 401k? Do you actually know what your maximum match is? Do you happen to know if your 401k does match? Do you have individual accounts on top of that? Do you have an emergency fund that's available to you? For a rule of thumb of six months of income six months not three months six months Do you have liquid savings on top of the emergency fund? Right. Are you saving for your kids college education? Do you have coverage in case you are subjected to a medical emergency? Right all of these things can create holes in your game if you're not properly preparing and I'll tell you what there's no perfect life I've got holes in my game just like you do And no doubt about it The idea is to cover those holes to patch them up And to start filling that bucket with things that are going to actually matter in the long term because guys I tell you what this short term Discussion about stocks to buy for the week and and this is the hot topic of the week And this is what you need to pay attention right now. You don't need to pay attention to any of it All you have to do is keep your eyes to the horizon Keep on target Buy assets for the long term guys and continue to enjoy the independent investor channel. I'll be back with you in just a moment I Always fun to highlight some of the patrons on the channel Um, I always try to foster an idea that you know, this social media thing And I have to be different. I can't be like everybody else I've been accused a few times of being like everybody else. I'm not really sure how you get that idea But I have a lot of fun bringing people together over a common theme and there are Um multiple self-made millionaires in the group. I'm proud to say It's an opportunity for you to come in and associate yourself with kind and fine people like chris and chris has been with me for a long long time And chris I want to thank you for your patronage of the channel and continued support over the years I'm humbled. What else can I say? Um, I'm in debt to you my friend. Thank you so much for your time You know dean's in the house man. He left my favorite emoji in the group here. I think that's a fine idea dean I think that's a fine idea make it happen. It's good stuff You guys have questions leave it in the group. I'm going to try to keep this to 60 minutes I've been going over time because usually when I get started I can't stop That's a good thing in a lot of cases it really is Mm-hmm, but your boy is running at about 37 percent efficiency right now So if I can stay with you guys for 60 minutes, I'll consider that a success For the weekly live stream. So it's good to have you guys in here I said I gave the shot out to matt. Matt's been busy hustle and work. I'm Doing this thing very cool stuff um, I would look at that uh Conference matt that's coming down to your area featuring shell oil And a duro clean technologies. I kind of thought about you. I was going to reach out to you and suggest that maybe you take a look See The 12th is what's coming to my mind a duro is a keynote speaker at the convention You may have heard about it and I'd be surprised if you hadn't because it's in your field of work It'd be kind of cool if you had a few moments to kick over there take a ticket I don't know what the entry cost is or what the You know what the vetting is but uh, I'm certainly a man of your statute could probably push your way in there And rub some shoulders and get some inside reports on what's going down There's some really exciting stuff going down. There's no doubt about it. I would go if I was there, man I'd go with you And we would go and talk to some folks. I've met One of the individuals with the duro and like, you know, I've been to the site and It's a it's a really cool opportunity I'd really like to meet the ceo in person. I have to interview them on the channel And just a fantastic stand-up guy and I really Think there's a Standout difference with this company. I think what they bring to the table is very special Like I said to each his own I declare with the audience my current share holding down to the shares of 27 500 shares of a duro, but they have such a tight share float And I think once the the interest in the stock it was interesting. There was a um The chief financial officer, uh, manabashe minabashe Uh, very smart very highly renowned very highly respected both within a duro and within the industry Um bought some out of the money units that uh were bought 14 percent below Market values when he purchased those now he he since made his money back over the last week, but I'm certainly going in the right direction to see that institutional buying in the company. So um Really exciting times to come. I'm curious to see what closes I I've never been invested in a company that's been part of the shell game changer program. Okay So my excitement is genuine My my my pulse that I have is that not a lot of people know that this company exists I think a lot more people would understand that pure cycle exists And I think even far less people could even explain to me What pure cycle even does what they produce how much debt they have on the books Um How much funding that they have raised over the last six months is just like eye popping Um to to produce the end by product without the same efficiencies not even close as an aduro clean technology Hell, I think if pure cycle was in the running they would have been picked up by shell game changer But uh, they are the SPAC that was offered by proctor and gamble at the time all these big institutions They're they're hungry to find the solution. There's mandates on the horizon and I mean, I think those mandates should be tomorrow. I you know, we're killing the planet We've got plastic micro particles Showing up in our food chain because they end up being consumed by marine wildlife And they end up up up up cycling in the food chain and that that's just what happens. I I guess it's okay since nobody's talking about it and I I guess it's okay if it's out of sight out of mind, right? um I think we can do better Again, I I think aduro believes that not only can they contribute to this massive problem that we have worldwide, but it's also going to take a collective effort from Many other companies pure cycle included To help tackle this problem But I I I don't know if I can identify a better frontrunner in the space Than aduro clean technology So, you know, if you let us know matt that'd be that'd be really cool for you to be able to attend I believe it's in houston Small companies pay 10 percent for bank loan make a company sell five percent bonds Right. Oh man, mitra dates. Great to see you. Thanks for coming in very good stuff Always good to build cash so lucian, um This is funny. This comes from a kind of a deeper perspective of mine Um, I've I've been burned a little bit by investing every waking dollar that I earned And then a funny thing would happen in life where I would Need money or I would think I needed money or I would really think I would need money enough to justify Dipping into my investments, especially when I look at the investments and the investments are up $2,500 it's free money. Why not take it? Why not enjoy it? Right? And it was the very fact that I did not save to cash And I get it. It's fun to acknowledge all the negative aspects about saving the cash And in the face of those negatives justify doing it anyway Because of the positives that you get out of saving the cash Um, I know you're losing out to inflation. I get it. There is no more liquid form of money than cash There are some drawbacks to trying to keep cash at the house for obvious reasons I I I wouldn't suggest that there's anything wrong with that or a safety deposit box Or just the savings account anymore It's just as easy to slide a card And if you needed more than the ATM withdrawal, I think minus five or six hundred dollars Then certainly you could adjust with the cash on hand and make sure that you had that liquid capital available to you furthermore The swings of the stock market are serious. Okay. I talked about how easy it is to invest in the smp 500, but I look at a cash buffer as look if you're saving a ton of money as you should be as an independent investor By saving a ton of money on the fees that are associated with your investing by entering into you know passive index funds um ETFs You know, whatever it is that you choose those should not carry with it a huge fee structure So you can kind of pay yourself in a way of saving a little bit more than the average bear in the cash category And then it can act as a little more of a sleep easy posture and I think people Resonate with that idea It's actually there's a discipline piece to it that if you can save the cash you will earn some points And some kudos in the discipline category I think it's important all the way around to go ahead and save to cash to be opportunistic when there's a time to be opportunistic I think that's important too In other words, if you save save save to cash right now markets a little bit higher, right? But you you do get a drawback in the In the stock market You're a little bit more prepared for those opportunistic buys And you're taking a loan out from the bank of lucian at zero percent interest as opposed to going to our Our friends at the bank who are really not our friends who are looking at us To make money on us and that is it they are not your friends. Okay all the all the cool color coding and all the Crazy marketing that these banks do it is all aimed at making you think that somehow you're special in the eyes of the bank And you are not Your glory lies within trust me you or you're all special, but it has nothing to do with the banks I am wearing socks good evening fellow investors that is I mentioned that to be a little bit more down to earth I think there's a facade around Money Some things I can't talk about There's all kinds of weird things I can talk about Weird weird stuff, but money money. You can't talk about some cultures believe that Money topics should remain in the household All right, I don't believe that I'm edgy. I'm sorry. I I step outside myself and I put that stuff right out there my portfolios are right at the top of this stream So if you're making your way into the stream the links to my specific portfolios are there they're there Those are every whole thing that I have real dollars pledged to there's probably about 26 37 70 75 Thousand 75 thousand dollars represented in the top of the thread Cost you nothing click over take a look the links are really nice the way racketin does it They allow you to click into it take a look There's no obligation. I guess they are affiliate links So, um, you know, if you do sign up I could make a little bit. That's fine too. It doesn't even matter I don't think it's very much. I think it's like 50 bucks or Whatever m1 finance feels like they want to pay me now for for the referral I just really like the product and I think it's super important I think there's other people in the group here who have also used m1 finance You know, I saw joseph carlson who's a future channel of mine. He kicked over 500,000 I think in him at his m1 finance account I will not be in that camp um, I'm not suggesting that m1 finance is not trustworthy. However My goal is to get these accounts up to 50 75 100 grand and then swap them back into my major Brokers which is meryl, uh, which I have more trust and confidence in just based on what I've been able to build up over the years And and and a lot less than not trusting m1 finance was with large capital If it were in the hands of robin hood. No, thank you I do not trust them with large swaths of capital and I'll be removing the around $1,000 from robin hood as quickly as I possibly can so Kevin says your audio is gone. I don't I think it's okay. Hopefully nobody else has complained I saw your deal pop in there and I saw matt's right below it. He says he thinks he thinks it's okay. So um, really good stuff, um I've got uh Lucy and with another one Hard to get credit now It's going to be a lot harder to get a lot of things with the access to capital the decade from 2010 to 2020 was the age of easy capital Um, and and with that comes people over spending Um, they have people that are buying what is perceived to be cheaper assets Now that those assets are more expensive. It should curb the the spending frenzy that was made possible by Buying things without having to pay a premium on capital. Okay So now with the interest rates being where they are No, I've always contended the premium should be affixed to Uh to to capital in other words if you came to me and you said ryan, I'd like to buy borrow $10,000 I would say sure Here's here's the 10,000 And don't worry about paying me back for a year And just go ahead and give me the $10,000 12 months from now. See that that's not realistic Right, there should always be Somewhat of a cost to capital, right? So if you need the money now There's always an interest payment that is due and then that's the way it's historically always been I always knew we would pay going through the the last decade for for what we have done financially We are in no way shape or form out of the woods As a matter of fact probably in the worst condition that we've ever been in as a country laden with debt It is the most systemic and fundamental threat. I believe to my money and your money period We are doing what every other society going back for the last 2000 years in human history To basically destroy themselves and the fee on currency that they have become accustomed to now There's a lot of schools of thought out there that would suggest that somehow the dollar is immune to such things I'm here to tell you that the dollar is not immune to such things. We moved off of the gold standard in 1972 Trust me that Paper chase that you're running every single day myself included. It's all part of the grand facade. Trust me The very trust that you can actually transact with paper With a funny guy on the front of it with the numbered denomination that that the recipient actually believes That that's worth the product or the services rendered for that trade in exchange of currency There is a facade that does in fact exist within that transaction my friends That's the way I feel so What are we supposed to do with it? I Financial security is Very very depth in its meaning and what we're trying to approve right now. Thank you. Luciana. I totally agree with you there, man finding that financial security is Just about as important as finding your center and finding your happiness within yourself because I tell you what my friends There's no real way if you're involved with financial markets to escaping any type of eventual downturn The idea is to Continue to save on all fronts Saving to cash exclusively is just as dangerous As using capital as a bucket in your total overall comprehensive portfolio But saving exclusively to cash is is is very very dangerous The form that your money can take on and I've talked about this philosophy many times through the history or the channel where you segue dollars to A stock in company A a share ownership in the smp 500 Buying foreign currency Buying real estate Buying things that can prove valuable if Currency does take a nose dive Very important to earmark those things If you have the ability to Make food for yourself i.e a garden That was funny when brad piton the big short mentioned I've got the best seeds in the world. He kind of gave that perspective from a doomsday type of philosophy That's what that's what rich people have the ability to do Um, and they have access to water They have access to security or can provide their own Uh force protection Um, they have the ability to hunt for themselves Um, they have the ability to find Certain alternative investments. I'm not going to mention them through the youtube channel Those of you guys that follow me. You know exactly what i'm talking about Um, everybody's big on gold and silver albeit not really sure how much value it's going to provide you in the event of an apocalypse When you're forced to have to eat your gold bars or your gold kilo I'd rather have a bar of chocolate if the apocalypse is going to hit They can be silver and gold bars of chocolate for all i care but As a method of exchange there certainly is some philosophies and i've read many books on this As well as the potential transferability of assets from one Compromised nation to another If needs be so wearable jewelry actually can take on A whole new meaning if you're looking to cross borders and and and pass through customs, you know with With your your your cuban gold chain, you know, I think that's a pretty cool way of voting gold and it's it's a dual purpose way of doing that but You know the the only way reason I have you guys think about these things is Building wealth over time is not a one-way street. It's it's a multitude of things that you do simultaneously all right And I I share the multitude of buckets that I have I've shared three of you with you That's three out of 20 total Um, you know, I don't share my cash with you that doesn't do anybody any good albeit just talk about the topic and Bring it to some attention for you guys so you can kind of say Gosh, I don't know ryan mentioned cash savings tonight. I've got $12 of my savings Maybe it's time to beef that up a little bit. Maybe I make that goal to get up the first thousand bucks Why why not? I mean i'm gonna prove to myself that I can do it To start then you can prove to yourself how easy it is and then building capital on top of that You can start to segue into my idea of actually owning other currencies The other strongest currency that I believe right now from a global perspective is in fact the euro Which covers a big swath of the nations that I would frequent if I you know Wanted to expand my geographic reach financially And unfortunately those accounts over there aren't quite as uh accessible in way of Free Accounts they still charge you in europe, but which is why I don't carry european accounts Because they still haven't got within the new era and figured out the people are hip to it and they're not all about it so Very cool stuff to kind of think about your wealth building program is something that you can That's what where your focus needs to be in the short term That's where your day-to-day monitoring could be Okay, I'm monitoring my cash account. How can I improve upon that? I'm I'm monitoring my speculative bucket. How can I improve upon that? I'm monitoring my dividend growth perspective. How can I how can I capitalize from that? And aside from that really the the discipline from months to months just comes right down to a funding schedule And the funding schedule that I'm actually on right now at present I will disclose to you as 25 percent of my salary income. I'll say it again 25 percent of the salary income goes to a 401k That's a lot The only other person I believe in the group and I guarantee there's many many out there who save a lot more than me Is matt matt send the group here on the live stream matt saves an incredible amount of money Incredible, I think those two things probably differentiate himself I'll be at a very very good investor mind but That is a discipline that is far and away An anomaly when compared to the masses out there Remember I said 41 of the populace does not invest So when you talk to a guy and I don't want to be presumptuous here This is based on some of the dialogue that I've heard matt disclose over public social media You talking 35 for upwards of 40 of the income. That's pretty awesome Um 25 for me for me support in the family is just where I'm at I built up to that amount and I did not start doing that amount from the beginning. I started at 2 And I'm up to 25. So from 2 to 25 The 23 I would consider surplus capital that I've built up over time and it's amazing how you can get accustomed to a lifestyle over time and not really Not really miss that money. I don't I really don't miss it And it's a big reason why my 401k since 2011 has built up To staring down a six figure 401k now and just just over 10 years. I'm in work that 12 years I might say Ryan you suck that sucks. That's terrible. You suck. I'm subs. I'm unsubscribing. You're you're an idiot Well, I'm not an idiot. It just Presents that idea for you guys to say look, I you know, I'm 30 years old. Maybe I can start I'm speaking for you Start contributing to the 401k. My employer does not match my 401k years might And if you are allowing years to go by without Taking advantage of that assistance from your employer You're really missing out You're really missing out where you're justifying going and spending like an idiot across the counter You're missing out on just establishing the opportunity to gain free money from month to month And I I think that's really irresponsible I I I think whatever deliberation if any Or justification if any to do or not to do was probably ill-founded if the determination that you made was not to contribute As opposed to contribute so uh to motivate you to take a look at those things is very very important I just share my insights Uh and and share and you know matt I know he does not mind me sharing that But that that's just really impressive And I always like to highlight those positives in the group from people who are just making a concerted effort Um to to prioritize the investing game If matt was here with me he'd tell you the same thing It's kind of what it comes down to you prioritizing the investing game ryan I contribute to a 401k really I come back to my question. Do you know what's in there? Do you do you know what you're even investing in? Um, I'm not down on 401ks. I'll be it as it as a as a criticism. I'm not a big fan of them Okay, but at the very least they can be A powerful baseline, especially if they're providing you free money to offset Some of the high-cost entry in some of those 401k index funds That you'll own as well as the the spread effect and some of those 401ks in that They'll put you in some some things that are really really spread out and and they're going to grow really really slow and that can be okay Coming back to the acknowledgement that if you're getting free money, you take that money all day Take it all the way to the bank. So just some of those secrets that I've kind of given you and understand the discipline and In in funding your future and once you have the program established And it's the funding it's it's it's it's achieving the diversification Again diversification, right? I'm bare feet and that's not a Cuss word. I can actually say that through the channel. All right But to share some of those philosophies with you guys is super important to get frame of mind in the house Great to see you my brother Fantastic, man. We've got about 10 minutes tonight has been The fastest 60 minutes. I've I've ever had I didn't script anything tonight. I just Offered the live stream tonight off the cuff and I talk about what comes into my head When it comes into my head very cool stuff Frame of mind frame of mind's been with me a long long time, man And I really appreciate you. I really hope for you This small give back to the channel for me would be to understand that you found a little bit of success for you And your family if applicable for you as an individual And maybe even you've shared the message with people that you know family friend family acquaintances out there that You know, maybe able to relate with my philosophies, which is they're very very down to earth very very grassroots perspective On growing wealth and it's coming from the perspective from somebody who appreciates wealth who never came from wealth And has built it up from the beginning. So it's great to see you my friend. Thank you so much for making your time come on here Hopefully you guys can hear me again. I got a little glitch in the audio my bad Very cool stuff It's good to see you my friend got art studio in the house. Whoo-hoo 100. I don't know what he's talking about. Whoo-hoo 100 what? 100 what 100 bucks 100 patrons. I haven't had 100 patrons on the live stream for a long long time Fantastic I got I just had a text come through actually I got one of my one of my good friends Who actually covers the channel and thank me for mentioning aduro that aduro is a easy easy story to cover my friends It's a easy company and If you kick over to aduro clean tech calm Just click over to aduro clean tech calm and just take a look Spin freaking 10 minutes if you were just going to walk into a desert And try to find the answers to investing you'd have a hard time with that. Okay I'm putting you on the goods. Okay. I'm not charging you a thing for it. I'm just telling you to look at it Okay, one name S&P investing that's easy guys. It's easy But if you're interested to see what's happening and the pointy end of the spear in this very very niche Submarket You guys are going to want to take a look at this and for me um quite honest with you, uh Every dollar that goes to buying a share of aduro. It just passed over one dollar Canadian today for a short time It's trading for about 74 76 77 cents here u.s Very undervalued Probably trading less than one tenth of its current value Um, that that's that's being a little optimistic But half that at five dollars a share is not out of the cards for current value And the the shares are currently trading in about 77 cents Um, because of the reasons that I have disclosed to you that is my best assessment um, you know the company's uh perception with regard to the Uh progress that they've made on See the validation on the product has been done for many many years They are introducing the Uh chemistry to multiple verticals right now Um, the deal with perspera is a huge deal They're going to make some reoccurring revenue on that But the bigger takeaway there is the science behind what they are trying to do and why in the canadian oil sands It's incredible And that's a completely different vertical than plastic recycling right now what they've got going on read the press release from from aduro That that discusses their phase four With their work that they're doing in their reactors with contaminated material, which is a big big problem In dealing with uh, you're you're hard to recycle plastics not only are they hard to recycle But dealing with contaminants is something that has really hindered the efforts in the plastic recycling industry as a whole aduros fixed it They've they've got it. They've got the goods So You know for you guys that are coming and going into the live stream tonight It's kind of funny to me all calmly deliver the goods. I have no problem. I have no This position should materialize over the next couple of years to well over a quarter million dollars from me That's my current position It's not really about the money. It's a very simple simple company to invest in Top-down management across the board These guys and gals have a passion within this company that is unparalleled in what I have seen and when I took a look at the company I was excited before they got into shell game changer. Let's be very very clear very clear I was excited about the opportunity before They got accepted now It only means to me that there's that much more potential to move the goalposts to the left And and move that potential for accelerating to commercialization that much earlier That's just what it means to me. You guys will value from my perspective. It's that simple Now if nobody ever values from my perspective, I'm going to be pissed Because we we don't do this to waste our time this game in investing is about money Okay, I don't come on to talk about investing with the idea that you're just going to invest and never make a dime Okay, investing in financial markets is very very powerful And it's very very powerful in times like this because very very few few people have the backbone To actually come on and remind people That we go through cycles and we are not in a good cycle right now We are in a very very poor cycle right now very poor for opportunistic investing for investing in companies that are showing marked progress Albeit in the early stages of of revenue generation, right? But in typical markets would have been given significantly more Credit on those whereas now they're being provided no credit. So I highly encourage you to kick over guys It's just that simple. I I do not want you to misconstrue the message, but That was the best piece of content. I'm I'm pretty calm on my delivery. There's a couple of other Content creators that I've called out in that video as well You can kick over here and equally as good but differing perspective than mine On the aduro clean technology story, and I'm super excited to share that with you guys man I think it's it's great. I'm going to be excited when we're at the You know quarter million mark it's it's not going to change my perspective because The prospects of where I see this company if in fact it doesn't get bought up The prospects of where I see this company ending up are very very very powerful And it's going to be powerful to the tune of three because they have three verticals in the company I'm very excited about the top two The last one we need to see fortified a little bit. They're making great progress on the first two verticals And so it's going to be a lot of fun. It's easy to be an investor in the company And I will continue to be that For the foreseeable future into the coming years very cool stuff My thoughts on highly on for the last couple minutes certainly kevin. Um, I'm Fairly disappointed in the Um lack of rigor It was supposed to be end of august here. We are september. No word. No nothing on certification. Do I think it'll pop through? Yes, I do. Do I think it'll move the needle? No, it was cool. I tell you the biggest props go to andrius ritoscus and silent alert those guys are just Absolutely phenomenal, and I am just glad to know them through social media if they're just great great minds It's the highest compliment. I can give those guys really they are they're just solid the rock solid. They're on point but the one Tweet that they shared today Was from my hometown in roseburg, or again roseburg forest products And they had a highly unhybrid unit out there saving them 12 to 14 fuel Very exciting times I think the prospects for highly on are huge completely different business models that they'll be working along I think a duro's path to Revenues is going to be Actually easier to achieve because if they do look on going on a licensing model Then the high cost of capital will be absorbed by the industry that has that capital in other words shell oil I believe that they've got the capital and they would build the reactor necessary enough if in fact they were comfortable enough with Putting the hydro chemolytic technology to rigor on a large scale and I and I believe they're there I believe they've been there for a long long time based on my due diligence, but Highly on is a different animal, you know the the See the theme here the partnering with big industry is the key here And what whims of discussion I've heard of in partnering with peter built I see I need to see that materialized more to the point where They are a tier one supplier once they're a tier one supplier. I'm good I just sit on the investment and sit back and watch myself get rich. It's no big deal if that doesn't happen It's going to go away and You know those two extremes I share with you to define on the channel to keep your expert expectations tempered at current Because until those catalysts happen Then we're just in a waiting game to understand whether or not They're going to make a splash in the industry or not And I believe that the only way they make that splash is with the assistance of big industry It is just too big of a gap From an industrial perspective in in just such a mammoth industry to accept to to expect to make a splash now The similarities between an aduro and highly on are very specific We have a category five hurricane right now Burling toward the united states of america. We just had a hurricane ripped through florida I'm getting tired and tired of people who seemingly want to scoff at the idea that the world climate is changing Um, I would suggest that pretty much you open your eyes and peel back What you think about what you know and perhaps maybe introduce an idea of evolution in your thought And maybe exercise an idea that maybe things are changing And we have technology that can be brought to bear to assist on this front Now i'm not suggesting that cleaning up the transportation space is going to prevent hurricanes Nor do I even believe that However, why not look at that from a much more simpler perspective and understanding that What is the number one? polluter on the earth at present I'll wait It's transportation They are the number one polluter So why wouldn't that be an area of focus to try to offer remedy? Makes sense to me, right? Uh, your practicality has no place for the stock market. Yeah, I beg to differ If i'm premature to this i'll accept this But until the story goes away and dissolves away I will continue to be in the pocket from a speculative category until it turns Into a scenario where we have solidified relationships with peter built I have no indication to believe Everything that has been transpiring over the last couple of years is leading me to believe That highly on will be a tier one provider to peter built Expose it to two massive lines of freight liners That of which the oem is going to have to prescribe to act and acf mandates Coming down the pike as short as 20 as next year into 2025 2026 I just think the stars are aligning way way too interestingly for me And I believe that if I was going to jump on a theme of investing it wouldn't be ai It wouldn't be ai it wouldn't be robotics. It wouldn't be solar It wouldn't be even ev as a pure play It would be plastic recycling And it would be l and g is a fuel right with what highly on is doing with the range extender And and that's my elevator pitch right there for highly on holdings recessed. Yes easy to kick around. Yes difficult to Still continue to forecast a bullish perspective. Yes, it's as hard as it's ever been But that's the very time that is the most important and prudent to try to see through the smoke screen And try to understand that there's just a disconnect between company goings on and the current stock price That's that's where i'm at with that Now i'm continuing to invest on the top end I haven't invested in a couple of weeks my last entry into highly on holdings was a dollar 15 It's seemingly wanting to hold the dollar 25 level. We'll see what happens I I just don't have any idea But we are due for some positive catalyst and if they don't continue to be a little more forthcoming With their information and the stop stock is going to continue to slip And I believe they know that and I believe they are lack of information right now But I'm hopefully finalizing some of that information And are quick to follow through with in the marketplace with that good positive information As we are over 60 minutes. We will end with that. It's been an awesome live stream. I really appreciate it Hopefully we've hit on some nuggets for you to help you guys The whole idea is to help you not hinder the idea is not to Lead you astray the idea is to empower you to understand the power of options And to understand the power of your capability The opportunity to understand that you can do it yourself and you can there are products out there There's a little bit of baseline knowledge that's necessary to do it yourself And you can reach that empowerment of one investor at a time, which is the very goal on the channel It's a mission of the channel that I've actually been going for for six seven years strong on the channel To try to provide that transparency and openness with whoever will come in and consume the message guys I thank you for your time. I appreciate it We will be back with you next week on the fastest 60 minutes on youtube be well. Have a great week and we'll catch you next week You