 I'd like to welcome everybody live to the independent investor channel live stream Friday who kick on a little bit early This is what happens when I get lots of rest and relaxation. Oh, it's wonderful. Usually. I'm running at about 41% I come on to the live stream and I get pep top because I really do love the topic But I've been kind of on a social media binge. Absolutely. Which is a good thing. I took my leave I come back refreshed and I'm ready to rock and roll deliver a nice pure message One that people can actually come and they can relate with it's lovely and it's contrary to groupthink Which is also extremely lovely. I don't think there's anybody that can recreate what it is that I do through social media So I welcome everybody who's coming on to the live stream this evening Obviously happy good Friday to everyone and thank you for taking some time out of your moment Take a little break if you're with family, whatever it is I'd like to thank you for your time as it is indeed valuable But some of the folks in the gallery here part of the family anyway I mean, you know what talking about the finer things in life syrup being one of them homemade syrup on my dad and Mr. Blaine who's a good friend of the family and just well an ambassador of Self-directed investing and just an all-around cool cool person is the source for my syrup. I'm out I was telling him I was like, yeah, man, you know my finer things in life or run out I had to seek out my avenues elsewhere, you know, I'm saying I had to buy Mrs. Butterworths, which is no good man. No good Always striving toward that VIP absolutely and fast to 60 minutes on YouTube and I am on a binge I left the link to the best podcast that I've ever done in all seriousness. No doubt about it whenever I get into that vein and Strike at the core of things that I observe things. I see things going on You couldn't ask me the first foggiest thing as to what's going on in the stock market right now because I Include I don't I don't know I didn't do anything. No moves this week I was going through and I was reviewing the portfolios that of which I'll roll out to you Which is the reason why I popped on a touch early tonight is I'll roll those portfolios out for those folks I made their way in just to touch early. Why not? I will be staying back a little bit after the live stream But then I will be kicking off and hanging out with my favorite person in the entire universe, which is my wife I spoke about her in the podcast a little bit give you just a little bit of insight from where I come from you betcha She lets me come on and play with you guys from once every Friday And she knows how important this is it's important in all seriousness from a Lot of different perspectives a lot of people think that stock market investing is this magical mystery tour That you got a I don't know get on and figure out and get lucky doing so that couldn't be further from the truth You want to find a meaningful relationship in this life? That's hard Yeah You want to get ahead provide yourself and your family financial security? That's difficult as well You know, you want to get spiritual health and well-being You want to get your diet and your exercise program, right? You want to get yourself out of debt? Way more difficult than stock market investing stock market is easy man. I got you back piece of cake piece of cake We got all kinds of tools man to throw all kinds of different strategies that they don't change They stay consistent. It's amazing how people can get involved with stock market investing and manipulate and Massage them around and make it something that it's not And it's amazing how so many people can find a way to screw up in stock market investing. It just boggles my mind I disclosed to you that I didn't do anything week over week We were up 74 14 week over week all the accounts that were down last week They're all up this week So I don't know how what happened in the market and we got a little boost from one of my largest positions That's fine. I'm not going to speak about that tonight on the live stream But certainly I'm where where Hylian goes the portfolio will go as well So we'll see and we'll continue to monitor that but values obviously done quite well Some notable names in the portfolio. Well, hell, let's just jump into it right now and we'll go over the numbers But not before we do the most incredible intro in all of YouTube live streams. There's no doubt about it in my mind I Was behind the scenes playing the drums man, but you should have seen me before I came live tonight man I was singing 2d fruity at the top of my lungs man We're a month away from honoring and I will open that live stream with 2d fruity There's no doubt about that but we're a month away from honoring the great one first year that we lost last year All right, but let me jump in here. I'm gonna show you what we got what we're working on here or here yonder This just did a little bit of fizzle-bizzle This week like I said zero effort in what was going on this week It's it's almost as if me doing away with television last year was interesting because now I have people that are tuning in with me and they're like like my mom and my dad. They're the worst at this They're like Ryan. Did you hear what's going on over here? And I'm like boom. That's too much Fox news You're addicted man. You should move away from that stuff bad for your health But you give me all kinds of days to do social media content and this is what ends up happening Taking the channel into a new topic direction black and white and green Okay, the black and white will be the fundamentals that I believe are really the The granular nuts and bolts of investing and then the green will be the dollar amounts, etc So you can kind of plug yourself into those Brackets of where you fall I'm pretty close To marching toward two thresholds in the same week. I'll highlight those as we go through this But this is just insane. This is this is what happened. No changes in the portfolio week over week This is just a fizzle-bizzle-bizzle-bizzle $7,414 week over week from last week so can't complain Here's how the holdings shook out. No changes here But some highlighted names here Lockheed Martin Definitely does jump out. It did not make my top stock picks. I left most of the industrial stuff off of there Most of that industrial stuff was falling on the overvalued list Caterpillar Even Boeing which I even like here Lockheed Martin was the only one that was actually a touch undervalued by about 10% Nothing too crazy, but it's just been performing really really well We're half of my positions Looking really good. The other half I bought at the just the crazy crazy bad time Which is fine I've been happy with the Leggett and Platt performance Healthcare has really stabilized Bristol Myers black back in the black here And then anything total market is is still doing quite well. You can see there that I'm about At midline between probably cash rich and cash lean So just about on the nose and where I kind of want to be from week to week In this particular account You'll see in the Roth IRAs that I'm a little bit more Cash lean in there in that those portfolios are pretty much fully invested the way that I want them But here's that just shy of 99 000 up week over week. You can see I add The little spark chart there to indicate the direction for you guys that are new to the independent investor channel livestream I do that just to indicate week over week. I don't really provide up that for anything other than entertainment Purposes I don't see a whole lot of value in it, but it's kind of cool. Um, good on me This is how the portfolio shakes out and um, you know, with the idea of sharing information Not that I come on to social media and gloat and say hey whoop-de-doo look at me I'm this and that me and my wife were just talking tonight about how crazy We are on our contribution schedule and we were able to discern that we were contributing about $2,000 per month A little bit out of the paycheck 10 out of the paycheck the Roth IRA max funding 12 000 per year And then all of the youtube earnings that I make on this side project I don't I don't do this to put food on the table guys, right? So any little bit that I make from the ad revenue that goes into investments I don't spend a dime. I've never spent the dime on the channel since I've had it for The last four or five years since we started in New York City, right? There's the taxable brokerage account. Here's a Roth IRA number one Hey, sir, this is Russia a week over week. We're up Like I said a little cash lane Right not a whole lot of cash here. It's all deployed kind of the way I want Typically I would have found areas in the portfolio to take some cash put it to the side. I wouldn't have been So heavily invested maybe in big tech and google In this portfolio, I did grab some vbk, which is the vanguard's Growth small cap Really good fund If you guys wanted a mix between growth and and value you could grab vb VB yes And or vbr, which is the value side of the house But vb is the is the blend of the small caps But um, I've been very happy the performance in cisco. I've been very happy cvs Obviously I earmarked health care as being one of those sectors that I just feel like is Yeah, really attractive. It's one of my favorites all the time but when I come out with a stock pick list and murk and fizer and What was the other one on there? You know medtronic was not on there but There was another one of cvs was not on there johnson johnson was not on there all of which I own as you can see here, but Yeah, it's been interesting. I don't know what's going on with the stock market man. It's weird. I don't know I've just been off of it. It just hasn't been that intriguing for me It's been more attractive for me to actually just stay an investor. That's it And I've been finding Value and putting my time to good use elsewhere That's what a good passive investor should do most of the time All right, here's arath to again the spark line I provide to you guys up week over week So I don't think these are up crazy, you know crowd strikes Really took a nosedive there as hyper growth does that sometimes But it's come back nicely alibaba holding true a little bit You know facebook has just been an absolute tear You know, what can I say? I did highlight on that as the top 12 for april As really really being one of the best. I know it's communication services, but I I throw it into the tech category. I know I probably shouldn't do that because I know it's it's not but but it is so That's where I choose to categorize it and it kind of takes up that space for me a little bit Which I need exposure in both anyway, so it doesn't really matter. I'm under weight both of them telecoms and tech With my aggressive portfolio strategy It really calls for a lot more tech than I even have but good grief I don't know. This is what this is how it shakes. All right Very cool. Very cool That's rot too. This one was the only one that was up from last week This is only up just a couple hundred bucks. I think week over week This is one that I chronicled this week and I was glad to do so It's a cool way of investing I think if you tried to duplicate this on your own and tried to do this in a traditional brokerage account I'm not sure if you would have as much success as I do Coupling this with the power of m1 finance and the ability to You know portfolio redistribute the funds so those funds will flow to the underweight holding I like it and so those two together really do they form a powerful bond in the portfolio and This is the rendering from it. We're up close to four grand in this This has done quite well, you know four thousand bucks. So I don't do squat with this I have yet to sell any of this. Um, I have only bought So not too shabby for an account that's just about over two years old Yep, that's how that shakes. No perfect portfolio said this many many times. There's just investing And this is how I seek out my my exposure and the next m1 finance brokerage account here That just goes to you guys The 69 holdings here across 10 sectors Really just for organizational purposes only here To chronicle this and this uh is at that 15 threshold The last portfolio that I that I threw out there this one this one will reach the 15 000 threshold Which is which is nice It's not one of those thresholds that I typically talk about but any round number I typically acknowledge and say hey, all right, you know, we're we're progressing toward that next milestone Which is 25 And you guys will notice that the green series that I roll out through the independent investor channel Is going to be earmarked toward that exact thing In other words, the green series is going to step up. I've already recorded the 500 dollar video It'll step up to a thousand 5 000 10 000 25 000 50 100 250 500 and a mill Okay, and I think that's really important. I think it escapes a lot of people. I may be wrong My presumptions don't they're just my opinion and I and I offer them based on the feedback that I get But I would presume that most people can't mentally picture themselves at a million dollars Okay, and I think the real strategy for people is to try to get them to think about Taking it in steps. Okay You're not going to climb to the top of a building By by stepping on the last rung of the ladder You're going to step up and try to use every rung of the ladder to get to that higher place, right? Otherwise, I don't believe we can fly Um, some people will be like we'll just take a damn elevator ryan Well, yeah, there's a lot of people who are trying to take shortcuts. That's for sure I mean, I'm trying to do one right now Truth be told, right? You know, do who am I? You know investing in the way that I do and the couple of my spec names the way that I do but Hey, um, it just so happens that I'm at somewhat of an impasse in my life where I had a lot of buffers Layered into those that of which all chronicle Down the line when the stock hits my goal and it will sooner later. It doesn't matter. I don't really care No, I mean, I seriously I just I don't care Yeah, deploy these right Yep diamond hands, baby Gotta deploy diamond hands and it'll be fun to chronicle that I just refuse to do it right now I've got enough youtube channels that come out with highly on videos every single day I don't know. I I question the benefit to people Tell me I'm wrong Please Try to keep this message tailored in in in the In the most part Toward beneficial stuff right offering a testimonial like I'm doing now. This stuff's motivating. It's awesome This is the second of the accounts the pip 60 is wrong. That's just what it came back to in the account But I was actually looking at when I started this account and for you military members out there government employees That can contribute to the tsp. I started this um may of 2012 Yeah, so just you know just shy of nine years. I guess if I'm doing my quick math correctly Yeah, so nine years. I can started it with two three percent Okay, so why am I telling you this for you guys that are tuning in and you're like, I don't know squad about investing ryan What you know really need to hear from my message is not how you can just take what I'm disclosing to you and copy it What you need to take from my message is wow, here's a real wealth builder and mark my word. This is real. Okay. It's real Just like me. I'm real Again, if you cut me open, I'd bleed of that about that but um The money's real and this is approaching that $50,000 threshold and I think for the real takeaway for people and maybe you've figured it out Maybe you haven't maybe it's it's nice of me to break down The real takeaway by me disclosing this stuff to you what I really want you guys to understand as well Okay, this guy just told me that in less than 10 years He saved up close to 50 grand and we'll be there month to maybe hell. I don't know market continues To be nice. We could be there sooner. We could be there late. I don't really care whatever I don't track this account. This is a hundred percent passive as well and um So for you guys that are really here in the message out, you're like dang, you know I'd like to I'd like to be at 50 grand in 10 years Does that mean you can get there? Well, I don't know But I've provided you kind of a roadmap or a template to success and that's the niche on my channel It was funny. I watch other channels. I just don't see it. I don't And that's why I've become a little bit more aggressive and scathing on my message in that Here it is. If you if you don't like it, good luck. If you don't like me, no problem I'm a likeable guy But if you don't like me and don't like my delivery, hey, no no problem. I I totally understand I've turned over a new leaf with regard to my social media But um me coming on and sharing this, you know two two three percent right now. I do 10 percent So this is about 500 or so a month that goes into this about five 475 Goes into this account every every month Okay So for you guys that are eligible or the takeaway is if you're not eligible and you are eligible to contribute to a 401k Or the like maybe that you look into some of those prospects and look at what it could mean for you For me, this just basically means a a baseline in my portfolio building strategy Okay, and I really do enjoy it the quick options total here Cisco's got me worried. I won't do that again leaps are just stupid I shouldn't have done that. I really shouldn't I you know, Cisco's funny It can stay in a rut for years and then right when I write the leaps contract It starts to trade like a penny stock Lovely, so I There's no way I'm not going to get this called away unless the stock market just goes down and this thing Interes into another multi-year swoon But I'll probably get Cisco called away. It was a mistake on my part. I wouldn't have wrote the contract Had I really known an exon mobile same idea Exon mobile is pretty safe. I wrote a pretty aggressive contract at a strike. That's Astronomical, it's ridiculous, but I exon mobile. I wrote the contract and boom It started to like awake like a zombie. Oh, yeah, I'm back. I and I'm like, hey, no fall back asleep I wanted to whack it on the head and be like, oh lay down in your tomb Huh, anyway, the puts on highly on pretty simple. I'll earmark that I won I was uh The 10 and a half contracts expired out. Those were nice collected the premium there. That's nice I rewrote the uh two two more contracts at 10 I I would rather buy the stock at 10, but I'll collect the premium. So it's winning either way So it really doesn't matter to me The only way I lose on that is if it sinks below 10 at 9 40 980 whatever the hell the break up price or the break even prices on that I don't foresee that happening not with the newest order news that they got for the two fleets that they rolled out. So But um, you know, we'll see we'll hold the contracts. I think they're three week contracts and those will probably expire and then bank of america with my um cash secured puts on those of 32 ish something like that low 30s I'm not paying up for financials right here and being very very selective. I spoke about this a little bit on my top 12 for april april going into april where black rock. What was the loan stock that I Um that I chronicled on that Okay, but um, yeah, you know the verdict is out on options. I I'm still kind of just playing with it I'm not quite as heavy into it I've looked at some of the premiums on on some of the quality value plays Um, I know there's some people in my private group that that like at&t for that I'm not going to collect 30 dollars and premium times three to to give away my block of 300 shares No way the the six and a half seven percent dividend means way more to me than Um, then a little dab of premium that I can collect in the account So and I look at some of these other ones and I'm just not really that attracted by the premium timeframes that I feel comfortable with And I'm sure there's some options folks in the in the gallery here that could probably say well ryan You need to get more aggressive. Yeah, maybe the options there if I choose not to write the option option No pun intended then I won't no big deal. Um, I'll just uh, I'll just continue to uh, collect the capital appreciation Which at&t by one admission got called away Uh by one person that kind of wrote a pretty tight contract on it. You got to be kind of careful It's been in this range for a long long time Now it's up over 30 and I haven't looked at the technicals. I don't know where support is with at&t but Gosh, you know, um, I I don't want to lose it. It's it's kind of It's kind of playing that bond proxy for me in the brokerage account. It's a rather large $10,000 position for me All right, I don't know if there's multi-millionaires in my community. They're like you suck ryan. You're just a minor leaguer I am I'm a minor leaguer with almost a half a mil So there's the 74 14. I believe in difference week over week for for doing Absolutely nothing. See this is the fizzle-dizzle-wizzle that I talk about. There's the fizzle. It just fizzled up a little bit. It just fizzled up 74 14 for doing nothing passive investing. I've been paying attention to other stuff motivating young kids soccer Yeah, I'm pulling some Vince Lombardi's out there on the field guys. I'm enjoying the heck out of it Focusing on some other things and get my well-deserved time away from social media But uh, the spark line is up week over week. We're good here, you know less than 25 Man, I'd like to get to that half a mil. I think that'd be I think that'd be all right Oh, not too bad for a minor leaguer. My god I'm a jump right in here, man. So I don't know if we're gonna have any guests tonight. Obviously, this is you know Solemn time and I I remembered that right before I came live here on the live stream I was like, yeah, maybe I should uh, you know tone it down a little bit not be so crazy But um I was feeling pretty saucy before coming on But I'd like to thank you guys for all the support of the channel. There's no doubt I did drop the link to the podcast Uh in the in the gallery thread So you guys are I would ask you to go check that out my latest one. It's um It's my best podcast. Yeah It's good. It's good. Make you think a little bit about what's important in life And um, you know, hopefully you can gravitate or start to put some time investment into some of those avenues Void of the stock market. I think, you know, the best thing you can do sometimes when you're An avid investor is to find those opportunities to disengage Right seek out those opportunities. Um outside of social media, which would be lovely Right, if you don't have the compliment of a of a good partner Go at it Happiest people that I've ever met in this life or have happy partners Um, and that's across the spectrum gay straight doesn't matter happy people And that's the secret element and um, that's the hard part to find really is um the stock market investing thing I say it all the time man. It's very shallow. I think a lot of people try to like, um Confuse or Try to make stock market investing that supplement to those other avenues. It doesn't work that way man Mm-hmm. No way You got to invest time on those avenues exclusively Yeah, if you want the most benefit out of it super important for you guys All right, let me cruise back here. I got thumper. God's the first one in the house Is laughing his ass off because he's first in the live stream Um, but uh, if you are here and you feel so inclined to hit the thumbs down button for me, that'd be awesome I know the youtube algorithm really loves me. They love me I spend a good amount of time of mind fighting the system a little bit Look, don't get me wrong if I felt like every time I got on to youtube or facebook that it just Automatically pushed two hands out of the computer and started giving me a back massage I would say wow, this is the greatest thing ever Um, I don't believe that I don't I think for you guys that take some time to come on and converse with me as if we're conversing around a backyard barbecue right This is the environment that I look to convey The backyard barbecue like I want people to come in here and be like, holy This is pissing me off. This guy's a regular guy and he's working with a half a million dollars. Like what what's my problem? bingo You got it You got it now. You can shut me off and you can leave me alone because I annoy the hell out of you. It's fine Go do something else. It's great. Like I hope I Inspired you to go do great things with regard to the shallow topic Other things is outside of my area of expertise. Okay. I mean if it were up to me I would say yeah, do what you got to do marry a model like me. It's phenomenal. It's great. It's phenomenal Right, but I can't help you. Okay First of all, you got to parlay yourself away from social media every now and then and maybe just take a chance I don't know the way I did to be like, hey, I want to cruise up to hollywood and check it out, man Let's rock and roll man. Let's go freakin see hollywood, baby Ended up meeting my eventual wife on the restless history What why was that possible is because I was willing to take a chance Just like I've been willing to take a chance and a lot of what I do in life I take a chance highly on I take a chance, right? Um joining the military entering into boot camp. I was scared shitless. I I didn't crap for three days Seriously, try to go through boot camp. It's crazy when they say scared shitless. That's exactly what they mean I was scared to death One of the greatest things I ever did I still remember to this day Very specific things that happened during boot camp. It was amazing. It taught me a lot about life You know going commercial fishing most people I've spoke to after the fact you're like, man, you're crazy, man I would never do that. No, you wouldn't no, you wouldn't you wouldn't have done a lot of things that I do And that's the difference between me and you Yeah, listen to the podcast man. You guys will like it Take the chance take the chance And sometimes, you know pursuing some of those avenues can be scary for me You know what's scary is like trying to control the diet. I don't get that. I'm a foodie. I like to eat I was telling Christopher Blaine man. I was like I used his maple syrup on my chicken and my pork God, it's incredible. I'm a foodie. I like to eat. I like to eat. So this is hard I and then I go to the gym and I got to like work really really hard like tonight I worked out like rocky you guys would have been proud of me You know what I mean But yeah, that's the scariest for me Um, I was scared of quitting a vice one time Smoking yeah, that was hard for me. Man. I thought man. This is addictive. This is crazy Now I listen to people talk about smoking and I was I'm like, wow, that's not Wow, it seems so foreign to me now Like I look back on my life and I'm like, I can't believe I ever did that, you know It's because I've moved on to a better place and I would encourage each and every one of you guys to do that, you know If there's some debt control issues That you can get a hold of shit guys, it's all good and it's all doable That that's the crazy part like the scary part is to stand in front of your deficiency And be like, you know what this might be an area or an avenue that I want to clean up in my life a little bit Shit that that's scary, man Because here's the thing like we're all human beings and I'm not one of those guys that puts anybody on a pedestal Or speaks down to people. I just speak to people. That's it It just you know people just like me if we people and not only that this people has been in these situations Like twice or three times over in my life many many times so I can speak about them You know, I mean, I'm not coming on and being like, you know, oh, this guy's never smoked before well You know, I beg to differ This guy's never been in debt before. Yeah, I beg to differ I've been there done that You know and it's until you kind of stare down those barriers I guess in your life and they add up Right a lot of people think they can corral those deficiencies in their life and it's like, you know what? I spend like an idiot, but you know, that's just me You know, I just I just go and I can't control myself You know, I see all that colorful stuff on the shelf and I just can't help myself. I gotta buy it I I gotta buy it. It's it's like a magnet. It just draws me in and my My my my arm extends and I pick it off the shelf and and it's it's just there. It's in my shopping cart I don't I don't understand Ryan help me I think you guys will understand a lot about my message is a lot about identifying how it is that you can help yourself All right That's exactly what I'm trying to do help myself in deficiencies Right now financially, you know, I haven't touched. I'm happy with how the portfolio is but other things, right? When I start to get too locked into the social media opportunity and I start to take away from time away from my kids and my family But that's time to shut that crap off. Boom boom re-rack Rerack the priorities. Boom boom boom boom boom. Okay social media is down here at like priority 31, currently all right time to re-rack the priorities and Um, get my shit straight work it out Yeah yeah, because I I don't um When that starts to happen and the creative nerve starts to become more of a force-fed type of evolution for me It's time to walk away and I walk away for as long as I need But it was weird because today I came back with a vengeance. I woke up this morning It's having a cup of coffee, you know on the couch and And you know just chilling and I thought you know for some reason I just got up and I sat down I was like, okay. I've got some topics here. Let's roll. Let's roll baby Let's start this engine That's what we did Made a lot of content today, baby a lot. That's what I do man If I was if I was not working a day job I think I would do like multiple uploads in a podcast and Partridge in a pear tree every single day. It's easy. It's not work The only time that it's work for me is if it's like forced Because you have to get on the left side of the brain remember how I talked about you know And once I get there like I'm there for a while I stay there and I want to stay there because it's really good. I and and I'm not producing a hundred percent good content there But some of the stuff did some good nuggets, right? And those are those are the veins that you want to channel down And those are the ones you want to pursue cuz I get it that's good That'll resonate with people man that that's good. Nobody else says that I don't check I don't it's all coming from right here and right here and well, maybe both. I don't know but You know to pick out those avenues For yourself that you can clean up credit credits and credits is an interesting one as well You know, it's a luxury really is I do encourage each and every one of you guys to entertain the prospects of utilizing credit in your day-to-day application I use it for everything Page out of my playbook man. Yeah, you know no Ramsey philosophy here. Sorry I don't know if he's changed his tune, but you know in his early days He used to speak about credit as if it was like evil It's not evil. It's what you do with it's evil if it gets you into trouble. It's evil. It's the root of evil Okay, but if you can utilize it correctly You can you can definitely build up that credit score the way that you you want to like I'm sitting on 835 Yeah, last I checked 835 840 something like that something stupid I don't know. I really don't know what it what it means. We took a hard inquiry. We're looking at property now With to no avail. So we'll see I'm a little bit bothered right now by not having any type of real estate in my portfolio But it's it's just not not looking good. I don't like what I see. I like what I see in Dallas, Texas I like what I see in Houston, Texas, right all good. You can actually get a nice house for Affordable but for the rest of suburbia and all the popular areas The areas that everybody from California and New Jersey are moving to right now Suspensive and I don't think houses are worth that much I'm from Oregon. All right. I used to walk through forests and I get to look at the sticks for free Okay, big big Douglas fir trees, you know free of charge free. I look up and it's like wow This is incredible and and now it's like material is so god-awful expensive It's driving up the price of of homes and I think we're on the precipice of something interesting I don't mean to to Put you guys on notice if you do own homes if you're lucky enough to own a home and Home value doesn't matter to you and it shouldn't if you're looking to just stay put for the rest of your life Which is a luxury. I don't have Right, you're lucky you really are I tell all homeowners I'm like if you own a home and you don't own an investment portfolio. Yeah. Yeah, right. Yeah, all right You good man. I mean good on you Where I've got a nice sizable position here with a new administration and it's toppling at record highs and Historically huge debt and interest rates on the rise Hmm, I guess I have no reason to worry, right? Let's just keep getting stimulus money fall from the sky Right Now that's where my interest lies to try to diversify into some level of real estate We'll see I'm looking for some blank land something I can build on but I'm just not finding the whole lot. That's That'll meet my needs in the short term But but we'll see anyway, I got all good in the group here Fantastic, I got my Texas representative Like Texas rep. She sits at the board of directors on the independent investor channel. What's the news all good? What's the what's the executive report? She says good evening. Fantastic. It's great to see you Absolutely, it's great to have everybody here in the community. What time is it? I popped on early So I got all kinds of time. I got more than a half hour left on the live stream. This is absolutely fabulous Fantastic and the independent investor channel was singing at the top of his lungs to the fruity. Oh Rudy and I'm good I'm good. So when I do karaoke, I bring the house down. I'm just telling you I'm just forewarning you so if you ever wanted to send me an invitation to your party Look out because like seriously if you do Tom Petty, yeah, I'll throw down Yeah, but this is in honor of in honor of the great one for sure I was I had my wife just rolling singing to the fruity and I'll pull it out next next month In honor of the great one for sure Then Bob's in the house fellow traders. Who's trading? I don't know a lot of trading Coming off kind of a banner of year It's been it's been good. I don't know maybe a little confusion right now on what to do You know, I guess some of the options contracts that I've written on Hylian as of late has Satisfied some of that. My win percentage has been good I've had a couple called away that have kind of stung a little bit. Raytheon was the one I didn't want to get called away and it sure as hell did I was a little irritated by that enough to add back in a 30 share position Which was fine because it helped reduce my industrials exposure But yeah as far as just pure swing trading here You know my value So I typically would swing trade value, right? Well values going up every day So I don't I don't need to swing trade it. I just from a portfolio perspective I showed you guys all the portfolios or all the different accounts that make up. They're all up So I've just found it prudent to just kind of not do a whole lot You know So I'm making YouTube content again. Whoopee It's pretty prudent just kidding May as Chris is in the house. Hope all is well my friend hope all is well We will be going on a little bit of a vacation early next week I'm super excited first vacation for the independent investor fella. That's me in a long long time Which is kind of why I came on tonight pretty revived because I've had a week off and I have another week off Which I it was like I was almost to the freight ends of sanity They're going into this little little stretch of break for myself But yeah, I'm looking forward to that man. We're heading down to Wilmington. Yeah, do you all know Michael Jordan's from Wilmington? Yeah, kind of cool. What the heck? I'm watching the last dance again motivates me. Yeah, I'm a big Michael Jordan fan It was cool. I like how he used others to motivate himself Sarah is there a recipe for something there? I don't know you think on that. I'm not really sure I Somewhat hope that you come to my channel and get a little bit of that from me. Honestly, I I'm not entertaining, right? I do YouTube strictly for education. I might I throw a little tooty fruity in there Right a little bit of dry humor, which nobody understands. Nobody laughs at anyway, right? So it has to have some educational content to it, right? So that's kind of why I hope you that's what I hope you get out of the message as you come and You can understand where I'm coming from and how I deploy my system And maybe you take a little piece of what works here and there and and maybe put something together for yourself because Although I do say that portfolios are from person to person are very individualized I do think that there's some elements of structural portfolio building that you can really really take to heart Some granular stuff to where if you didn't know much about investing and I was like that investor that was you know Wanting the goods That's what I would say. I would say look, you know I mean if you don't want to be very hands-on with your program Certainly start with the Vanguard's total stock market index Or the S&P 500 those two major indexes Right can really give you a good start and and if you don't know what those are Google it Okay, I do enough of putting out videos to explain what those are but that can provide that baseline and a lot of starting portfolios They start just that way where they'll take a total stock market index and maybe you know, hey Ryan Can I do some emerging markets? Yeah, man, you can I invest in it on myself? I I disclosed it through VWO Maybe some developed markets if you don't you know want to go we can go VE a something like that You can have a globally diversified portfolio with three ETFs. Well, I want to do index funds Okay, stay with me. If you want to do index funds, you absolutely can okay It's like it's like preferring, you know strawberry jam as opposed to grape jelly. Okay It's a preference Stay with me. All right, cool But um, yeah, you know for those beginning investors out there I talked about the results that she should pursue. I just put that video out. I believe today midday was a Midday release for me. It was somewhat experimental, but I don't I don't really care. I'm not gonna try to Finaigle my releases when I get stuff done and I want to release them. I'm gonna fire fire them away That's part of the black and white series. You'll notice that the thumbnails have one word There's not gonna be me on the front anymore. There's just one word There will not be two words. There will not be three there will be one and it will be in fact black and white There will be no neon green. There will be no yellow. There will be no orange It will be green or black or white okay, and You'll notice that I've cleaned up as well to avoid the distractions on the uploads that I put through YouTube It'll be all about the content boom boom boom seven and a half minutes ten minutes We get to the point here the goods rock and roll. We're off Very very simple. It's a strategic initiative of mine probably that I should have had more savvy on for for for many many years and I've just evolved to this place. That's all I've just evolved to this place and I'm gonna put out Content that I want to put out and I don't really care how it's received. I don't care because I know it's good If you want to get to an in place become a more successful investor If you want to focus on those things if you want to completely disregard what I'm talking about with regards to diversification Knock yourself out. No problem. I wish you all the best Right if you want to ignore what I'm talking about with tax protection and you want to invest solely with Robin Hood great Good luck to you You'll probably make it make it good But there will be a lot of people out there that fall short because they failed to acknowledge that once specific Strategic advantage to investing right? Yeah That it could stuff guys that it cool. Mr. Victor's in the house great to see you my friend Fantastic How does one get on the seat you you got to be part of the secret squirrel club Victor? I'm sorry. Yeah Yeah, it's very very covert operations with the syrup Okay, not everybody can partake in the syrup discussion on the independent investor channel Anti-espic Nobody's in the group tonight man. It's not a very big live stream. I've got 70 people here So again, each of the 70 people who are catching the live stream tonight If you'd be so kind just to kick over to YouTube and hit the thumbs down for me That would be lovely. I would just love that or hit the thumbs up button. That would be awesome, too I asked if I was weird if I drank it straight out of the bottle He's like now man. You're not weird. You just you'll get diabetes Thanks, Chris Appreciate it So I want to bring your attention here guys the podcast is in the thread kick over there. You'll get Some pretty good entertainment out of it. I touch on some pretty core elements in there social media exposure Talk about some of the other veins of success in life. Whether that be Yeah, financial security is right there on the list. Don't get me wrong Okay, and it's the reason why I started the independent investor channel in the first place because I found that in my daily discussion with people that It escaped a lot of people and a lot of people needed needed some help Just getting started, you know, where do you start? What's the best way to maximize and I've evolved in four years, man? Like M1 was a big piece to that M1 finance was a big piece to that, you know, here's why and I'll give you just a foreshadowing of the $500 video that I'm going to release probably sometime next week I don't know but the cool thing about M1 or any partial share portfolio I think you can do it with fidelity, but I believe it's a little different how it's established But the cool part about M1 finance is you can go in there and say I want to be a 50-50 investor. I want to own 50% of my money in the passive ETFs that I talked about maybe VTI maybe some developed markets Maybe some emerging markets, right? And you put that 50% to your dollars in there. You're building the portfolio Okay, you're not putting any money to work yet You just go into M1 finance and you build the portfolio the other half of it You want to select your slices and divvy it up into the 11 sectors and you want to invest maybe into one stock To start in each of the sectors, right? Maybe you want to leave materials Empty for a while. Maybe you want to leave. I don't know, you know energy empty for a while. I don't know The idea is that you go in there and that you build the framework Initially and I struggled this with this when I started with the independent investor channel for you guys that have been with me a long Long time and Chris has been with me since I don't know. He's a plank owner on the independent shit I should owe him shares of whatever company this is But he's been with me a long time and if those folks can remember the early days in the Facebook group I actually tried to engage in a product where I took Cards stock cards to say look if you're the style of an investor here are your options You should be looking at, you know a 75 25 50 50 At 25 75 right those are the different portfolio makeups and it didn't mean that you couldn't be a 70 30 Stay with me. Okay. All right. Come on, Ryan. I want 70% passive and 30% in stocks Okay, you can do whatever you want. Okay, I just break it up into quarters to make it nice and easy But M1 finance allows that to happen where we could go in there and we can build the framework out to start And then you can inject the money It doesn't it doesn't matter if you want to do it with I don't think you can do it with anything less than a hundred bucks I think I don't know what the limit is in M1 finance. Maybe I should I don't know But I earmarked five hundred dollars to say look man if you're kind of serious about investing I don't know five hundred dollars is a nice brown starting amount. If you've got a thousand great stay with me You know, but you can take that amount X amount It doesn't matter in this equation and throw it at that framework and that framework will this will will basically Absorb those dollars in the manner that you've told it to be absorbed. It's it's a great thing So technology has really helped kind of advance my message at least and provide Opportunity where it would have been difficult man. I really did struggle I had one of my one of my guys that reached out to me that that I really helped him with some portfolio ideas and That was just a rash of emails back and forth to try to say hey look four shares of AT&T Hey ten shares of Pfizer. Hey, maybe one share of Amazon and it was a laundry list of ticker symbol Amount right share amount and the dollar amount associated with each and It kind of didn't jive where M1 finance has kind of taken this and said look if you want to invest in AT&T Just tell me how much percentage you want I'll make it happen Right so you can kind of divvy up the portfolio that way and it it really does help man share information for a lot of people I'm not really sure if the masses have caught on to this I'm not really sure and maybe some of the people in the group are like, okay Ryan I mean you foot stomp M1 all the time. That's not really the point. I enjoy it I mean I could do away with the affiliate commissions and be just as happy with M1 finance That's the God's honest truth and the very the very nature of pulsing in with me on the M1 finance experience is So I can kind of walk you through that framework building Right because I've got years of experience some people don't have any experience at all and I have to provide that Opportunity for people that might really struggle with the M1 finance platform to start. I did I struggled Enough to where I closed my account. I was so mad. I was like, this is the dumbest thing I've ever seen I'm super glad I gave it a second chance and came back to the platform But when I identified how cool it was to be able to share Ideas and and portfolio structures in the way that M1 allows Yeah, it really broke down a lot of barriers for people and and and you know, I tell people all the time Look, I mean I can build you the portfolio and M1 finance just for awareness purposes You can take the holdings and try to duplicate that in a traditional broker That's gonna be hard because you're gonna have to do some conversions like, you know How many shares are we owned? Do I even have the ability to buy partial shares in my broker? In most cases the answer is no, I don't in Merrill. I know fidelity does but it's structured a little different So, you know with the sharing of information now it's it's it's it's really incredible time and Hopefully you guys do resonate with that idea because you know If the portfolios that I rolled out to you guys at the top of the live stream is any indication of what? possible Some kid from the country I You know some blue collar fella that I don't know people probably come to my channel and they're like look at this idiot I mean he's on social media and it's like well, yeah, I do appear as if I'm an idiot because I'm not a social media Personality I'm not first to admit it Nor do I try Again, I dropped the 2d fruity jokes. Okay, I promised you a 2d fruity next month But I'm just having fun It's okay. We can have a little fun with this gig. It's all right. Let it go It can be fun Anyway, I hope you guys are leaving some comments here, man I'm gonna run out and then I'm gonna sit here and flatline on you. I'm just gonna be like I Don't know what to say anymore We all know that that's not the truth. All right. We got Chris Jay in the house for sure Hi, Chris He always comes on he's super super nice. He just says good evening You should try to think up something Chris and just fire it my way see how I take it and twist it I mean listen Chris come on. I mean I can take like maple syrup and make it into an investing lesson, you know Hit me up with a question Proper 19 he appreciated the message that I put through he says always good content I got a very very kind comment emailed to me tonight From one of many families that we've been able to tune on to the portfolio building experience and Not only for this individual, but I'm who self-employed. I don't want to give away too much but Also for a family member within the household That's that's legit man. I get that stuff and I'm just like yeah, man. That that really feels good Nothing special really from me I know that they would probably disagree and say man you changed my life And I think gosh if I was in the receiving on the receiving end of the message And I was void of this investing information that I have a wealth of I guess maybe I would feel that way But it's no real lift for me All I do is provide the opportunity and for those very few people that reach out to me and they're like hey Would you mind? No, I don't mind it but it's it's very few people I don't have the masses breaking down my door because here's the thing like When I do get to a million dollars mark my word when I get to a million dollars There's gonna be people coming to the YouTube independent investor channel like no tomorrow to be like this guy's incredible He's but I don't and I'll be the same fella you guys can all attest to that I'll be the same fella right because that type of stuff is just what it is. It's a rendering from a well-laid program That's it. It doesn't make me a better lover. It doesn't make me a better father Doesn't make me a better person Doesn't make me a better youtuber in some people's eyes. Does it gain me that much more credibility? Yeah, maybe but Quite honestly man It's not really the message that I want to put through on the channel to be like hey if I come on and I follow this millionaire I can do it too. It's much more granular than that because if it doesn't make sense to you. You'll fail Straight up you'll fail the difference between me and a lot of people is this makes crystal clear sense to me crystal clear So you got to ask yourself, you know, and I think that's why a lot of you guys are pretty Devote to the message because you know in some degree. I focus on you Your success is paramount on this channel The crystal clear piece is when I'm referring to me and where I'm going with my program My goal is to reach that million in two three years rule of 72 says I need to be there in seven Is it gonna take seven years? Am I gonna be a millionaire before 50? I don't know. I'll be knocking on the door for sure But when it happens if it happens next year or for it happens in seven years, I will be there I will will I be deploying the same program in seven years that I deploy now? I don't know. I tell you what man I go back five years and I look at you know the evolution of of where I've been and I Say this all the time and hopefully you guys are listening. There's 71 people in here And usually people will wait for these little nuggets. I'm about to give you one I really am Super important If you look at your investing accounts day to day week to week month to month You're probably looking at it and you're like, I don't understand why I do this. This is stupid Ryan sucks You know, hey, he comes on and he shows us half a million dollar portfolio. Where's mine? Sing 2D fruity again Ryan Come on. I want it next month half a million I've got seven hundred and seventy one dollars to invest Ryan. I want a half a million dollars next week Okay, if you look at your portfolio week to week months to month or even You know half a year here and there Throw in a good downturn. Maybe a good correction in the market You're not gonna find validation for investing. It's not gonna be there. It's gonna escape you. I won't be there It's not gonna be there. It's a matter of fact. You're gonna look at and say why the hell do I do this? This makes no sense right It's not until you go back a year to five years and you're like Dang, I was there We just had one of those moments tonight. We did I was like You know, we're almost at 50 grand in the TSP Money that I've put away and have not missed and I have not been doing five hundred dollars that long Ten percent. I think it was maybe an advancement or so ago here just recently Ten percent's a lot, you know, ten percent's a lot of your pay. I know people that do 25 They're nuts. They're crazy but You know starting that with starting at zero, you know And you look at that you say wow in eight years Is it the day-to-day like, you know trying to hope it to 50,000 that made all the difference? No, no, it was the decision to engage in a in the TS the Roth TSP That's it Parlay that to three percent when I started for a long time. I contributed but eight years here We are that's the renderings from a well-laid plan and if you heard me out It really all is is all about that. I just watched it Tony Robbins I shared with my private face or my private viper group here this week and He says all the time that success is 80% mental 20% physical Couldn't agree more Couldn't agree more. This is why people come on and they see the physical they see the physical like I'm a little overweight You know, I don't pull off the Nike shirt that I wear every single Friday off very nice You know, I've got dots on my face imperfections, you know, I'm not the sharpest tool in the shed I trip up. I say I'm a lot. I don't anymore. I've cleaned all that up. My delivery is pretty sharp It's like physically. Oh hell does this guy. He doesn't even wear a suit. Oh This is crazy. I know 10 times more than this guy. How can this guy be successful? It's because I think more than you do partner You're with the program That there's people on this earth that have it figured out upstairs. All right people who don't have money But they're rich They're mentally tough Happy all the time. All right, they've got it spiritually elect Their spiritual health and well-being is off the charts Okay, and this is where I speak about those other avenues of health and well-being How much time are you investing in those areas? Zero? You're spending all of your time staring at your smartphone and you're staring at YouTube the rest of the time You're watching Fox news or CNN. Let me be fair. Let me be fair. Call them down. Okay. I don't watch it either one anymore It's like manure for the ears Believe this believe this whatever you'll believe I'm gonna I'm willing to sell you on Now I'm good. I got other things to do with my time. We only live once man Not only live once Make it right But that's the real gem Okay, if you're gonna try to justify this thing and that's why I talked about the start $500. Good grief I mean people are gonna be like looking at it now. I've got people who attuned in and they're like ryan Thank you so much man. You hooked me up with that $500,000 portfolio. Whatever it is It's paying a few cents in dividends. That's pretty exciting stuff, man. That's freaking awesome Right. I just disclosed to you guys some thresholds. I'm about to make I don't pay much attention I just noticed tonight. I don't pay any attention to that stuff. But when somebody tells me hey ryan Thank you so much man. This is the first dividend I've ever been paid in my life This we're making a difference and might I just say we're empowering one investor at a time Was that not what I said we would do four or five years ago? Yeah, we're making real impact. Okay. We're making real impact. No need to put me on a pedestal. I'm good I'm good on my arm chair. I'm good on my youtube arm chair Yeah I like it because it holds my ass up off the floor Yeah, it's a little bit more comfortable to deliver this razor sharp message to you fine folks A little layer of masses in the group Fantastic, I can't believe how freaking amazing you guys are man every single every single Week every single Friday. I'm gonna keep going man. I'll race you no, but no doubt I have a little healthy competition and we'll see who falls over first I I really do enjoy doing this I really do a couple channel creators here on the bottom and I do apologize I'm just getting to the bottom here. I got I got my brother from another mother here Kyle's in the house, man It's always a party even with a million even 20,000 on a car is still hard for me Now he's he's got that that thing right the 80 20 man That's why I like Kyle so much Right I don't even know if he knows it yet He sure does a good job of of portraying that he knows it and he's got me duped man He really does because he'll be fine He'll be fine It's right here. Trust me, man. It is not about your physical ability. He's got some AI He's got some artificial intelligence upstairs. He's smarter than the average bear. He's smarter than I am But uh guys man, come on. It's just it's all about the mental mindset I mean, do you want it or not? Are you scared of success? Are you scared of facing down some of those barriers that I've talked about? You got to listen to the podcast man. I'm I hate to Plug it three times over, but I've already listened to my own content. I do that critically of myself To provide better content. Okay, and podcasting is my favorite thing to do truth be told It's my favorite thing Livestreaming is fun but this whole element of you coming on and listen to me sing 2d fruity and shake my hands around and Like I can't do what Kyle does with the intro like And I can't I can't even get that high on my voice man. I'll hurt myself. I freaking hurt myself, you know but Yeah, the visual piece right learning mostly comes from audible anyway. It doesn't come from and and um It doesn't come from visual. It comes from audio, right? So and then taking that and deploying it. That's how you learn but Super important shot out see see how I can take just a thumbnail I didn't have an hardly read what he said he was talking 20 million with a with a car and he has discipline and Look Kyle if you end up in the place where I think you're gonna go my brother You have a green light to buy a nice car that he said last week on the live stream. He was like that's just a waste of money I'll remember you said that I don't know man. I'd like to see the guy in a in a nice sports car someday. What the hell No reason to apologize for success. No reason at all, right? And um, I reached out to matt and I I had something written on twitter because this is how we roll, you know This is how we communicate with each other. We we talk across social media. Hey, I know this guy Hey, what's going on man? Send me another tweet, but uh, um, matt says he doesn't think he's gonna make a million before 30 I don't know I I think I think I looked at it and I I saw his comment and it was like I don't know man. Are you really thinking about the million like a million is inevitable? Like you're gonna make it You're gonna make it probably in a shorter amount of time than you're probably being conservative and thinking you'll make it, right? My thing is like I'm just glad to be brought to the guy like this. Like I'm just glad to know the guy Right and me knowing matt for this amount of time He's doing what it is that I Expect him to do and I don't mean this to be condescending, but I'm not surprised, right? I mean matt's doing what he's destined to do And I like people who make success a priority in their life Because I think all too often people Tend to just forego Ole You know he caught up in their day-to-day for whatever reason If you can segue a little bit of time out to pay just a partial piece of attention to the success game You know and that's the that's the piece of the page out of matt's playbook that I like Because he spends an ungodly amount of time You know devoted to his craft and it shows is one of the sharpest investing minds I told him this over social media. I mean that I wouldn't say it if I didn't mean it I probably wouldn't say anything But I said it and would I say my friend? I mean I absolutely do you got rebecca in the house. Fantastic. I'm gonna be coming down to your neck of the woods. I hope I'm welcome I'm gonna cross the border I'm gonna come visit north carolina. I found a house this morning in charlotte. I would have bought this morning It was really nice, but man alive you guys that can buy houses right now And you can settle in you're lucky Kyle that's not for you man. Do not pay 1.2 million dollars for that garbage. Don't do that But there are places down here in the united states man that are very very tempting Dallas, texas, houston texas Pretty intriguing. There's some other good cities. I don't want to disclose those over social media I don't want you guys stealing my secrets, but some stuff. I'm looking at absolutely for the opportunity to settle down someday Um until then we're gonna continue to hustle. I mean i'm a proud renter Let me just scratch proud and just say i rant I rant it's it gets to you it does every now and then for sure All right. I'm mr. Sean's in the house. I get a shout out to the vipers For sure. It's great to see you sean. I hope I hope it's all good It's a ross and no tax issues, but how far out of balance do you let it get before manually doing it? He's probably talking about rebalancing Um, I I think they should take that function out of m1 finance, especially for brokerage accounts. I think it's stupid I don't know if it automatically generates a taxable event if you're If they're looking to restructure your portfolio to make it look pretty and I don't even know if it's m1 to the broker You're talking about but You can kind of rebalance in the way that I like to rebalance and that way if you look at a particular holding And it's getting a little out of whack on you. Just let it be Just let it be an add to other areas of the portfolio and that'll kind of organically build in a little bit of that balance It's tough man because m1 finance kind of does that for you automatically With your dollar cost average schedule as that's thrown in it'll flow to those underweighted So it's always looking to seek that equilibrium in the portfolio sean But I think you use the same broker as me and that and that's part of the downfall is that We don't rebalance squat, right? Even in the tsp on the bottom end self-directed accounts unless you're in the life cycle life cycle rebalances every quarter Black rock will go in there and rebalance that portfolio automatically as a as a benefit to that managed aspect Um, and that's key tax loss harvesting same idea there But it's a super super good question. Um in the Roth IRA, obviously not an issue So m1 finance if if that's what you want to make your pie more beautiful, you can I can tell you I've never hit the rebalance button one time in m1 finance never never seen Never seen a reason to do that and if you pay particular attention to both of the brokerage accounts the way I have them structured There's no need They stay pretty equal weighted For the most part especially the sectors holy smokes, right? And that dca schedule is really the the x factor in that In that those funds will just continue to go in there case and point energy It just continued to fund and flow into energy boom boom boom it left technology alone because technology boom it ran up It's overweight. It's overweight. It's overweight same thing when I held single stock in there I own tesla tesla just ran to the moon tesla never got funded Right, so you're not buying as it's going up and it's overweight if it's overweight It'll leave it alone and it'll go to those underweight holdings I remember uber dipped a little bit. So a lot of the buy points booking holdings, which is another one of my favorites It flows to those underweighted areas in the portfolio, you know, netflix, for example Might have taken a dip in vidya, etc when I owned the single stocks And that case and point was one of the one of the beautiful things about m1 finance that I really enjoyed is that those dollars always flowed To those under underweight areas, but you know, I wouldn't go out of my way to do it It's it's part of the portfolio building philosophy, etc It's it's important And there are studies to show that it can add a couple points of of appreciation Just like tax loss harvesting does but To to rebalance just to rebalance and to rebalance without any rhyme or reason or without any type of set schedule Right, I would just be very very careful. Um, I typically shy away from that But it's great to see you Sean. Thanks for making your way in bud. Appreciate it Very cool. Very cool. Where's uncle jason? I don't know I don't know. He's got an open door policy on the on the channel, man He knows that I'll just come on and run it myself Which every now and then I like that Opportunity because I can get into my groove. I'm in a different groove with jason I enjoy talking to him, you know, if he would come on every week and do the live stream That's totally fine. He's probably busy. No big deal. He usually hits me up and says hey Hey, nay or yay tonight. No big deal. Um, this is Very very nonchalant live stream on the independent investor channel. So That dave with hidden freedom fantastic. I saw one of his thumbnails. It shows that he's getting close to to retiring early Is that true dave? This is pretty fantastic, man I've known y'all long long time and and in all sincerity I I wish you all the best man. I mean, you're just a success story very very savvy It's it's funny how I key into all these different success stories and how we all deploy a little bit different recipe Yeah, a little bit different method to everybody's madness a little bit But um, it's nice to see that there's multiple ways to get to that end Yep, it really is Cool, my cruise down to the bottom. I got a couple minutes left here. I will give a short plug here I think that matt money just dropped. I believe that's the link to the live stream matt So thank you for that that helps kind of daisy chain over to the new So I appreciate that. Um, I see kevin g in here. I'm gonna throw that up on the screen real quick I don't rebalance my roth. I'm an index. There you go, right? So not necessary freak freak. I'm the same thing um And and again the index funds in the tsp if you own the life cycle funds with those adjusting over time There is some rebalance on there, but you're right kevin. Thank you for that. I really appreciate that I I couldn't agree more Same idea. Hey, buddy. Can you talk to people about materialism? And maybe what it took for you to be successful Holy freak, man. Why didn't you drop this on me at the top of the live stream? I would have talked for freaking 75 minutes on this topic Yeah, it's it's a lot of the reason why i'm successful Yeah, um, you don't need shit to be happy Um, like I said at the top man and in all honesty, man I I was like when I was looking for my wife when I found my wife. I was looking for my wife Yeah and um When you when you don't know somebody and you you take a chance On on that That's the hard part shit, man. If I had to do it do it over again I wouldn't wish that upon anybody, but I think if I were gonna say What it is to kind of help is keep your eyes open Don't be afraid to live life And and take care of that aspect to it because I'm gonna sit here and tell you like I know people right now that would really really benefit from some companionship Okay, this is stuff that doesn't get talked about on youtube social media, etc And you just hit me with a badass question. So i'm going to go into it with the few minutes that I have left Nate o'brien perfect example, you know, I consider him a friend through social media I don't know him very well personally, but it's the message that I get on why are you going down this road, right? And he's really good about this, you know, I don't need crap And he does a really good job of sharing that through social media. It's a really good takeaway but I think the real idea and if you catch this podcast that I dropped you're gonna find that I draw up an example of And I I drop it in the podcast. I'm like, what are you trying to do? Trying to get to a million five million ten million twenty million twenty five million. What is it? Okay, and you get there And I I deliver this in a lot of different scenarios a lot of different ways You know, what if you make it? alone In respect to your life, right? You're sitting on your throne of gold someday And I drop the analogy that it hurts like it's too hard and damn. I really wish I had somebody like i'm gonna die And I don't have anybody to leave all of this fortune that I spent all of my life amassing to And then I draw it home and I'm like, you know, it'd be awful nice and some pretty lonely here sitting on my throne of gold Because I don't have anybody to talk to right now Because I didn't spend enough time in my life investing on pursuing Relationships in this life and and that's really where it's at That that's really where it's at Now we're out of time. We're over time f. Barrera. Thank you so much for that man. I really appreciate it You get to come on earlier my my friend you got to come in earlier You got to drop those comments at the beginning, but it's been another really cool live stream man for sure Um, I could probably do a whole podcast on that topic and I may just do that because it's super smart This investing gig don't mean shit man. If you don't have this right upstairs 80 mental 20 physical If there's any takeaway any nugget from tonight's live stream take that it's not mine It's tony robbins man tony robbins and he's won a very very few simon senek tony robbins Those are the two that I kind of put on this like okay, man, you guys do some special stuff The rest of them. I'm good. I'm good Um, I think I think the stuff that comes out of your backside smells just as bad as everybody else's Listen to the podcast. All right guys. It's fantastic. I appreciate you guys making your way into the to the live stream I invite you guys. Uh kick over daisy chain to the new uh podcast We will be excuse me the the other uh live stream. They ought to be kicking off here shortly I do apologize for the slight over laugh, but f berera hit me with a doozy right at the end of the live stream That of which I thank you for so, uh, we will catch you next friday on the independent investor channel live stream It's been a doozy. We'll catch you next week guys. Take it easy. Have a great great easter weekend