 And we are live here Friday evening on the independent investor channel so good to be back with you guys We've been on a little bit of hiatus over the last couple of weeks. I am fired up recharged and ready to rock It's no doubt about it. This is the product that we throw down most every Friday at 9 o'clock I want to welcome all the loyal subscribers to the channel It wouldn't be the same without you. I am a very lucky content creator administering this project in a way that Affects the masses ask yourself if you're part of the community Has has it been one of those things where you can maybe more progress look at your own? specific Tolerance to risk or your own specific financial aptitude or your own specific Portfolio has a grown in value has a dropped in value. Have you gone through a tough time where you're? Questioning whether or not this is even for you. These are all normal deliberations, okay? I've invested most of my life There are times like these like many others where I look at my portfolio and I feel like I'm almost running in quicksand Okay So guys like myself can kind of quantify the psychology that goes into investing whereas a lot of people just want to Get involved with investing because they were recommended to do so or they've always been told that it's a good idea And that might be true, but if you are mentally unconditioned to get involved with investing place it in a box Approach it with your very very best trained mental approach and mentality You stand the greatest chance of actually growing Wealth over the long term and that is what we are about have been doing the YouTube independent investor channel project for About six seven years now anyway. It goes so fast. I can hardly keep track of the time I don't typically like to qualify My engagements life as I feel like the degree of impact For the subscribers and the patrons to the message I know this because they come to the channel and they thank me all the time For the impact that we've made and the and the positive influences that we've made along the way Certainly as a content creator, I wear my mistakes and my scars right in front of my face. It's totally fine I'm a tough fella, but you know, the The real deep reach for me is to really identify with those people that were We're looking to reach and maybe provide a little bit of insights Maybe they take a piece here and there that they deploy and they understand and and and they can really resonate with and they can You know get involved with investing Whereas potentially maybe without a little inkling a motivation from a small corner of the world here in New York City Which is the heart of the independent investor channel always has been always will be But they can they can find those small nuances of the channel and maybe start defensively and say hey I you know, I don't I don't want to be I'm not like Ryan, which if you guys understood the truth of the matter. I'm a blue collar worker. I'm a Hard-working fella. I put my pants on the same as everybody else. I got to work every single day to earn a living and Really look to influence certain other aspects and elements of my life and my application but for 60 minutes every Friday I come on and I provide my insights with regard to Financial aptitude financial stewardship, and I know every 60 minutes Which I do dub the fastest 60 minutes on YouTube people get an insight that maybe they hadn't thought of or a twist and an angle of Stock market investing Whereas I don't know if you guys feel the same, but I tell you what the influences that are out there would have you just thinking like a complete lemmings It's as if nobody can have any individual thought anymore. I watch the news anymore. It pisses me off I don't I don't think there's a lick of truth to any of it You know, I think if I was gonna I've used the rock analogy Manifest over a rock and sit there and stare at a gray rock for my entire life I could memorize every contour of said rock and I could I could I could find its density You know, I could I could know it's its measurements and I could know it's it's a chemical makeup And I could know everything about that rock. It's atomic mass I I could be an expert of the rock and I feel like sometimes there are experts at the stock market and they analyze it up down Left-right left-right BA select start for all you contra fans out there old-school contra fans, right? Analyze the market they break it down for people who don't understand financial markets. I'm here to tell you need it That they are there are much shitheads do You want to be a participant in the market make a decision to participate in financial markets and Then make a plan that makes sense for you. Okay. I'm not one of those Content creators. I'm certainly not one of those financial applicators in my investing Opportunity when I speak to people to patronize. I think anybody can do this deal. I Just did the numbers tonight and I'm I'm at 91,000 almost $92,000 toward step eight in just VOO and VTI Okay, between those two holdings with a heavy weighting in the S&P 500 to the tune of about 75,000 the remainder is in VTI And the the other piece of it is attached to my C fund, which is S&P 500 in my thrift savings plan Why do I share that with you guys? It's because if you've ever heard my divisions of wealth and my wealth Thresholds that people can kind of break down in their head and and let me just premise it in this way and in offering Subsubstantiation as to why I share this with the group. It's because the vast majority of people out there People with money people without money Suffer when it comes to the topic of money Okay, and if you're quick to just blame it on the fact that you don't make enough or You save but you can't get ahead That might be partially true, but I find a lot of people's deficiency has a lot to do with their mental application Rich people poor people. I know poor people that are phenomenal investors And I know rich people that are a complete effin disaster. They suck They absolutely suck at the financial application piece So when I break this down for people, this is the one lesson when I talk about thresholds of wealth that makes sense for a lot of people This is why I coined the ten thousand dollar threshold as really being one of those great separators To start defining your seriousness to this craft Okay, I contend and I don't know the statistics behind it But I would suggest that not everybody out there has ten thousand dollars of invested capital to their name Okay, I would go so far as to suggest that the sheer masses of people out there Have tried and have fallen short of accumulating ten thousand dollars of personal invested Capital in the stock market. I'm not talking about ten thousand and a savings account or a checking account I'm talking about a ten thousand dollar bill one stack of high society That has been put to risk in a capacity that you feel comfortable with and have put it in on a course to and in line with your investing time horizon and Is comprised of products or one product that is aligned with your own investing Style and tolerance to the market Okay, so I'm not just talking about frivolous ten thousand dollars thrown at a CHD Okay, I saw that title tonight come through on one of the major YouTube channels that I've followed for quite some time whiteboard finance is a good guy and good channel but when I talk about the thresholds of wealth I'm starting starting with the Starting amount which is step one at five hundred dollars. Okay, and there's a lot of people out there I think the vast majority if you're at all have an inkling to start investing would say I can do this I can do five hundred dollars Ryan. I'm in keep talking. Okay. I can get you motivated Well, we want to do to get to step two is quite put quite simply double that Starting amount and a lot of people is well, can I just Manufacture that thousand dollars into the investing program. I'm one of those folks that don't operate with rules I don't put brand parameters and boundaries around what it is that you guys can apply. Okay? We're looking to blow down barriers We're looking to empower people in understanding that there are no rules in investing other than just a few swim lanes that will govern you and help you Avoid mistakes and avoid regret. Okay, so we double to a thousand and we're at step two The next financial threshold is step three and that goes to twenty five hundred dollars And again the same rules apply if you wanted to start on your investing career You could do so by just manufacturing yourself all the way up to step three The same goes for the next step, which is financial step number four, which is five thousand dollars of personal wealth Okay, step four put you at five thousand dollars and to double to ten thousand from there We'll put you almost halfway to your path to a million dollars There's one additional step to step eleven total to one million dollars, but to step five You have separated yourself amongst the investing crowd whether or not you're rich or Whether or not you feel like you can or can't do it People can feel like they can't and they'll prove to themselves that they can and people who feel like they can Will absolutely fall in their face and prove to themselves in the world that they can't And for whatever reason I'm not here to judge. This is an investing channel. Okay, I'm not teaching you about arts and crafts I'm not teaching you about fighting. I'm not teaching you about relationships. I'm not teaching you about any of that Okay, you're on your own All right But when it comes down to investing there are way way too many swim lanes and too many rules of governance That can be taught upon all too often bastardized In the open social landscape where I feel like all the time I scoff at the information that is Available, could you imagine a guy like me on CNBC? It would be hilarious. It would be hilarious What do you think of current financial markets, Ryan? Doesn't matter like to introduce the audience to cornerstone capital solutions Owner and operator of the independent investor channel. What do you mean? It doesn't matter It doesn't matter for somebody who's 20 years old and has already defined for themselves and investing time horizon of 40 years What would you suggest that they do it this particular juncture? Throw in the towel invest and hope to buy the market lower. It doesn't matter That's the truth of the matter guys Okay, now when I catch scrutiny on social media I often go to those places and understanding that the big wall of propaganda Has very little to do with me You can critique if you'd like you can throw your digital tomatoes at me all you want. It's no problem. Okay? I am arrogant. I am pompous. I am confident I do like hard work Right, I do call out bullshit I do punch back when I'm punched if those are attributes that bother you and and and You cannot resonate or relate with it's no problem You can go out there and find the best YouTube channel on YouTube or on social media Why? Because by putting channels in certain categories of best and worst What you're looking for is the very best to perhaps maybe help you on the road to your own financial success the irony in that is I insist That the best advocate for putting you on the path to financial wealth and prosperity is yourself It's not going to be at the hands of a YouTube channel or social influencer And might I also add that we're still feeling this out with regard to how we Interpret the social media opportunity people are feeling me out right now like Ryan aduro is is one of those Just too good to be true. Is it is it too good to be true? What happens if it's not? What happens if it is? No surprises, right? The stock goes to zero and the world goes on to be a filthier place with regards to the mountains of plastic that we're building up in our landfills and and I guess the world is a Worst-off better place and people will be right in their assessment that there are no Microcap stops stocks that ever turn into Anything of any substantial substantive value because we're used to being kicked in the teeth all the time by looking for those opportunities out there and companies that You know profess to have something special and have something that they're bringing to the table and they get a few endorsements here and there and they get a few Licensing deal only to just fall to the wayside and and fall on tilt and a few people ride off with their golden Golden parachutes and and the small person suffers right Make no mistake. I am In a fairly selfless person. Okay, so I can take the criticism But as far as my advocacy my advocacy is for you the independent investor channel blows up to a hundred thousand or two hundred and fifty thousand or 500,000 subscribers no problem. All right, if it ends up going to let me give you something that we're all familiar with You wouldn't you depress the lever on the toilet and it makes that funny sloshing noise, right? If the entire project goes in the toilet, right and goes down the tube never to be seen again I'm perfectly okay with that too. You want to know why? because while I have the means and while I have the mental opportunity to have a voice and To retort when I see the propaganda that I see influencing rogues of people out there rogues of people I Feel it a civic duty to come on and offer my opinion to maybe tap people on the forehead and wake them the f up Wake up now if I were going to come on to social media and admit to not having two dimes to rub together Well, then that might be a little bit different. Okay, so even though I am the worst investing YouTube channel on YouTube Might I remind you guys that in 675 for short years on YouTube my portfolio has increased five fold over that same time period five fold Lucky You're just lucky Ryan. You're just lucky some people in this life are lucky Okay for those that have been with me for quite some time know that that is absolutely not the case as a matter of fact Over the last three years I've monitored the portfolio and it's fell on kind of a stagnant period For three years. What does that mean? Does that mean for three years? I'm a horrible investor and a horrible person and a complete ship bag. No, it doesn't it just means that in all reality When I look at it with my optics we're going through somewhat of a plateauing stage That's what it looks at. It doesn't mean that my plan needs to be thrown in my towel needs to be thrown in I need to give up it doesn't mean that Contrary to all the advice on CNBC that you're getting to go ahead and just throw in the entire Investing idea and go into fixed income right now Which there are books written on this philosophy as to how that is not in line With what you're trying to achieve and way of financial goals and there are people who have said the very same thing as Early as to just two short years ago and are now suggesting that they need to go ahead and chase that three to four percent yield right now or go for the six percent fund T bills right now because that's a for sure thing and Oh, by the way while you're locked into that fixed income that there's no guarantee whatsoever That the stock market is going to do what it is has historically done 42 times before when it has done this very same thing and that is Recover so now what you're stuck in fixed income right the market takes off and does something that it's always grown accustomed to guys like myself want to very calmly point out when nobody is pointing that information out and Calmly remind people that while you're zigging over here with your fixed income because the dipshits on CNBC Have told you that that's in your best interest and they don't know you from Adam All right, the market zags over here and decides to rip 20% super good to be back with you guys It's great to see everybody make your way into the gallery leave your comments in the Comment section. I will be getting those to those at some point tonight. It's really cool to be back me on three weeks I'm fired up. I've got fire water fire and threw my blood here But we're gonna take a short break and I will be back with you in just a moment Then Just piss you guys off. I mean when I talk about that stuff. I hate to come across as a cynic, right? So if you're gonna accuse me of being anything Excuse me of being a cynic, but I'm hardly the worst channel on YouTube. There's no doubt about it But hey, you got to start somewhere. I guess if we're gonna start at the worst Maybe over the next five years Maybe we'll have something special to bring to the table outside of crown royal, you know You can pay $16 for a quadruple crown royal or you can do what I do and just pay a couple dollars It's still it's the same crown royal. Trust me guys. It's the same Good lord. That's good. Holy shit. What an awesome week. This has been Fantastic it falls into the career category. So while I'm quick to be judged on social media about how horrible I am I'm out cranking it actually serve on my country very cool stuff and some of the stuff that I don't talk about very often is How crazy it is right now to look at the landscape right now in the labor market. It's pretty pretty wild I share openly that I am in military service And that's the deepest is that I will go but we're lean We've got a lot of young people that don't want to come in and enjoy what I've enjoyed for going on 20 years Feels like just yesterday I got in But you know to supplement all of those major categories like insurance and financial security and You know to put together a pension and retirement that would be Sizable in the amount of a million dollars. You start to look at it and go gosh Maybe this guy does have a few things. Maybe they should bring him on to CNBC to get the blue man the the blue man group I can be the blue blue collar opinion and offer that for the You know the level-headed people out there that are just earning a living in this country and are quick to kind of like call bullshit on Everything that they see on on on television and the pundits would have you believe I mean they're rolling on to this new topic the new topic is that the US dollar isn't going to be worth anything in the future So when the war kind of ends we'll roll right on into the next category And when we determine that we're not going to have a recession Hopefully we do so the CNBC pundits can have something to discuss But if we end up not having a recession, they're gonna have to roll into something awesome to talk about it's gonna be The demise of the fiat currency here the US dollar which has been the dominant currency and only makes up about 58% of the world's Currency right now. I don't know. What would you suggest that I do folks? I'm open to suggestions. Hell I mean, I've got some realistic alternative plans for sure. You want to buy real estate? Go ahead. You got my blessing Not in suburbia. I'm talking about trees. I find more value in in dirt trees Creeks and rocks then I do suburbian granite, but hey to each his own, you know You want to pay seven hundred and fifty thousand dollars for a for a suburbian track home? at the at the hands of paying the Hedge funds that are taken over this country with regard to the real estate Takeover, it's the biggest modern-day highway robbery that's going on right now They're they're basically buying the country up and they're selling the country back to a bunch of dipshits in the form of Homeowners association fees you guys notice that yep try to go find a house I looked at a lot in Tennessee or North Carolina. I can't remember where and the lot you buy a lot Eight one point four three acres, which I thought yeah, that's pretty cool You know if I could go into a new community and pick a lot and and by God They had seventy five dollars a month than HOA fees already established So they figured out a way to manufacture some bullshit. So when people come in there and they buy that lot They're already making Residual income off of off a bunch of lemmings at seventy five hundred dollars a clip if you've ever been Associated with the HOA's man. You guys know what I talk about what a what a crack at garbage But you know our government certainly will not bring it up guys like myself I bring it to the forefront everybody's like the hills this guy talking about man. He's he's really insightful Yeah, I hate those HOA's too man, but trust me man. Look at properties now. Yeah, it's pretty interesting Not not only do you have to pay ten twelve thousand dollars in taxes and I'm talking about my good friends My neighbors here in New Jersey paying twelve fourteen thousand dollars in taxes a year for what? Asphalt roads to drive on Yeah, yeah pretty wild stuff man tell a good to be back with you guys man for very cool very cool They got investing in entrepreneurship if you do have a channel Certainly go go go check them out. It's pretty cool. I'm guilty of selling out here I'm doing some advertising for some companies that I Tell you what last weekend. I had a site visit at a duro clean technologies. I just uploaded today A an offering it'll probably be probably shake out to be three or four parts and I had to determine which way I wanted to share the material that was me filming it You're what I say the worst investing YouTube channel on social media Yeah, and I'm I'm I'm rest assured hell dent that this company's going places When it does go places people come on and they'll be like god dang Ryan You're the greatest ever man. You I tell you what I can overlook your bad looks man And where I was quick to judge before you know when the market was shit And you know you were going through a hard time with maybe a couple of your holdings man And I decided to kick you in the stomach and until the maggots came out You're all right now man. You're pretty cool man. This aduro is floating around, you know twelve fifteen bucks Maybe maybe twenty twenty five. I don't know because they've got their stuff rolling and on the commercial sense But you know for guys like myself that actually have the fortitude to go up there and provide that content It's it's invaluable. It's invaluable Those lines of communication have been brought to me. I pay them forward through the channel That's the only thing that I look at when I look at the interface between me and you guys Is is the very conduit to information that that information gets brought to me? I pay it forward. It doesn't mean you have to trip and fall all over yourself I I share the level of my conviction which eat with each and every one of these opportunities And aduro is right there at the top of my conviction list along with highly on still As recessed as it's been it's just been an absolutely atrocious road. I'm not going to sugarcoat. It's been horrible It's been horrible. I'm not I'm not going to sit there and sometimes it bothers me some of the sugarcoating It's been absolutely horrible. I mean, what are they going to talk about an investor day? The only investor that's made money is the guy standing on the stage In way of the ceo and verdict is still out as to whether or not these guys are actually going to make good on their commercialization Promise I believe that they will I believe that they will but some exciting stories for sure and You know, you look at the markets over the last year Specifically, I'm not I'm actually up in my thrift savings plan seven and a half percent year to date So for you guys that look at it and say, yeah, you know, I hear you ryan. It's entertaining on the highly on it's entertaining on the aduro But those are just risky investments not for me. No problem Now you're stepping into a grander world where you're making decisions on your own to suggest Hey, I respect what you do ryan, but I'm not going to do it man. I'm going to go defensive I've got a 401k with my work man They match me five and a half percent or five percent on every dollar contributed to it And I'm cool with that and I'm cool with you being cool with that. I will patch you on the back I will drink crown royal with you just as easy as I will the rich or the poor doesn't matter I don't discriminate on my channel I don't believe in that stuff and I'm certainly not quick to judge somebody and I don't even know I'll salute you guys You want to be a bad person come into my channel until I know you and can determine for myself That you're a bad or good person. You're you're welcome as just as good as me. All right I I'd say that everybody has their deficiencies man So get over yourself come in learn a few things about how you can maybe apply some financial savvy and whip that ass because I got plenty of that And maybe you can improve your life when I asked the question at the top of the live stream Where do you gauge your progress and being part of this community over the long term, right? Did you hear me out on the pass of investing foot stomping that I do Very very often week to week as as as the opportunities come and and they go The recessed market is off the all-time highs right now. We're sitting at about 33 4 on the Dow S&P is around 4100. I guess anyway But when you're talking about opportunity in the market, where do you see the market in 10 years? Where do you see the s&p is the s&p at 10,000 is the s&p at 15 25,000 on the s&p with the dow at 50,000 75,000 I don't know. I don't know if history has proved anything We like to see a slow and steady shift to the right Over time and we're just going through one of those times where we're kind of plateaued in the market. What do we do? We look at it diplomatically. We stay with the plan and we continue to invest over the long term It's really simple Like I say, I think it'd be hilarious to put me on the stage in cmbc It would be so funny because you'd be you guys would be like this is Ryan with the independent investor channel He's the same way on his live stream. Can you believe that? It's not a show. He's really that way He is who he says he is I tell you what that's incredible, man Yeah, no scripting here. I'm just hold on. Could you imagine if I was doing the teleprompter? And like the live stream the teleprompter stops and I was like A flat liner, you know like poltergeist That's it my teleprompter is gone. I can't think any more heart stops beating teleprompter gone I keel over and I'm gone Oh man, come on And speak from the heart. Don't be a bitch all the time. It's all good be tough All right, speak your mind Come in offer your comments if I strike a chord Leave the comments if you agree with something great if you don't don't it's all good Let me scroll to the top and say it's my Hi to some folks here So I will probably be coming out with a highly on video and I'll have any idea what I'm going to say They just got iso 14 000 certified. That's positive Moving in the right direction here. I will give a shout out on the live stream to One of a few really good content creators right now on the highly on front and that is silent alert Okay, silent alert comes out with stuff that I don't know digs deep into a realm of my brain That uh, he's deploying and it resonates with me and I'm like, dang Why didn't I think of that, you know Talking about the plateau of the orders right now and maybe not being the best time to even stack up that order queue Right now anybody rather focus on what they got Going on now. Excuse me with certification and and the like but um, they should be coming out with some content here It's nice to hear that there's some people out there that appreciate the content Appreciate my perspective on it I bought I bought the stock last week. I did two strategic buys last week. I've already I already did one strategic buy I'm buying in 500 share increments now at these low recessed prices I couldn't even tell you where the last Five strategic buys that I've had in the company have been $3 Low twos and the last three have been high ones So, um, I just look at it as buying a very very recessed and oversold stock I I see the action in the small cap market to me. It seems as if the small cap market is being um unduly discredited right now with what is Seemingly being sold to people as a world that's coming to an end tomorrow. I don't I just don't agree with that sentiment Um, I look around and I think people are doing just about as well as they've ever done I'm I'm interested to know what this country defines in 2023 as a recession to be You don't get to eat chinese food every single thursday night I I don't know. I mean I I hate to scoff at the idea that people are actually entering into the bread line Um, and and not drinking crown royal rather water that is looking like this. Okay I I my heart goes out to those people and the sympathy for the people that actually do Wake up every single day and and feel the impact of being in a recession But I challenge people to sell me on the idea that the vast majority of the company country is going to suffer Because they've have to retract on their luxury Expenditures every day. You know, I mean I have very little sympathy for our fellow americans I love this country But sometimes I despise the people that live in this country because we're all a bunch of bitches Be honest with you, you know, we don't get to get get our get our hair appointment done Or we don't get to get our we don't get to get our petty Every month and by god if I don't get my petty. I'm going to call that a personal recession This is incredible. Okay Wages are still strong The job market the labor market is still strong If my assessment is correct, there's probably hell half of the people in this country If not the vast majority of this country is sitting on some equity in this Real estate market that has driven up real estate prices to The stratosphere to a level that I can even look at and most rational people can look at and suggest that Those homes are not worth that money. I see regular houses now Demanding $500,000 on the open market. I would rather live in a camp trailer Yeah, I'll buy an effing yurt If they really want to mess with me, um, I will buy a boat And I will pull it into san francisco harbor or I will pull it into new york harbor Or I will pull it into any of these other fashionable harbors And drop the pick and I'll live for free Yeah, because my friends what you think you need Okay, suburbia granite with a tiny undersized backyard because you justify in your mind that you don't want to mow graphs Okay, is Not my definition of true happiness. Okay I'll teach you how to get to financial security The title of this video is invest like me and you will be a millionaire The irony in that is I meant that Okay, I meant that The irony is that you can turn it tune into the worst investing youtube channel out there And no carte blanche that my review of the portfolio tonight rendered at $464,000 is real There's no way in hell that you take my net worth And my income earning capability now and put it in the hands of a thousand other people And they don't just completely f it off Okay, and lose it all All right, you have to be conditioned to earn And you have to be conditioned especially to keep Okay, don't expect that you're going to just somehow Happen upon money and then it's all going to fall in for you. It doesn't work that way I I read an article and I believe I shared it with the group But if I didn't I'll share it with you now The lady I believe won 120 million dollars 120 million dollars Happy story, right? 120 million dollars She lost 30 million dollars off the top for taking the lump sum payment. She's down to 90. Okay So without even breathing she lose loses 30 million dollars right off the top now. She has 90 million dollars. Okay She pays tax on that amount. She loses another Oh, let's say 35 to 40 million now. She's down to 50. All right So without spending a single dime So until I start to share with you guys some of the expenditures that this young lady incurred after she had lost 70 million dollars right off the top by no Nature of decision-making at all. She's down to 50 million dollars, right? He's out about 50 million dollars, right? And I'll do this is incredible man. You talking about your pinnacle, you know, you're you you you your little finicky $500,000 half a million dollars in net worth You're a bitch, right? No, no, it gets better man. We're talking about a $15,000 Rolex for her husband Who couldn't keep himself out of jail and continually bail down bail them out of jail over and over again The only expenditure that I thought was actually in the realm of like really kind of being chency is she bought a $50,000 fairly nice nice neighborhood Home for 350,000 dollars. I was like wow 350,000 dollars. I mean you're sitting on 50 million dollars man rocking out 350,000 dollar home Along with the idea that she wanted to give to her church noble cause. Yes But also every single one of her family members long lost nephews nieces aunts uncles brothers sisters friends who were like family Who all needed 10 to 15 thousand dollars at the same time and of course she's worth 50 million dollars, okay The root of the story is a couple of years after winning this 120 million dollar lottery winnings She is now broke She is now broke. Okay, and you say well, that's a one-off Ryan That doesn't happen very often wrong. Look at the statistics when it comes to professional athletes Look at the statistics when it comes to lottery winnings most of them lose Okay, so if you're looking to tackle this investing game Do you want to be called upon with the lemmings to stop at the shop and shop and write? Stop a and p.m. Gas station to stand in line with the rest of the lemmings to try to win your You know four or five million dollar jackpot four or five million. Mind you this isn't 120 million dollars All right, or maybe you need to retool your thinking and start taking saving the onesies and twosies Every single couple of weeks or every single month, which is a hell of a lot more achievable Amongst the masses anybody can do that. All right with the idea that maybe saving up One or two million even a half a million 750 thousand a couple hundred thousand dollars of net worth that could contribute to the unknowns Down the line in your life wouldn't be more prudent now But what the hell do I know? I don't know people like the sexy I'm arrogant so they're gonna go with the sexy and I'm a crappy youtube channel. So go find somebody that's good No problem Like I said, you can depress the lever on my channel and watch it go down the bowl If that's what you want or you can contribute to The community as a whole if you do want to be a contributor to the community I charge you with the idea of taking a hard look At the months and potential years that you've been with the channel And if you have not received any benefit from the channel whatsoever I would I would employ and charge you with retooling your compass. Okay, because I put my message down for Encuring volatility going through and taking a portfolio a defensive portfolio into a downturn like we have now And actually being able to withstand Those volatile markets being able to add to it. Like I said, I'm up seven and a half percent in the tsp It's been the area of real focus where I told you guys That I was contributing Two out of every ten dollars that I receive out of my out of my paycheck every single month To the thrift savings plan which is synonymous with a lot of your guys's 401ks So when I talk to you guys You can't necessarily be in the crowd That's 21 years old and you're like i'm tired of life. I don't I want to retire at 25 I'm not the channel for you. Okay. I am not the channel for you. It's not going to make sense You're going to find every deficiency as to why I'm an old fogey I'm an ugly ass bastard and for whatever excuse you want to come up with you can't listen to my prudent advice Okay, you can't do it. Um, my shit works. So good luck with your program. All right at 45 I will race you to more net worth and you'll ever be able to achieve Following these pipe dreams that are out there now and thinking somehow you can outsmart your opportunity As opposed to do what my grandfather told me and that is outwork the problem. Okay outwork it Ryan, it's very very simple. If you're willing to put 40 years into the system The system will take care of you now partial of that. I agree with the other part. I don't agree with I love my grandfather. It was wonderful. He used to hug me. It was old school, man One of those old school guys. He's he'd hug you and your back would crack. That's how tough this bastard was but There is some level of truth to that Okay, there is and if you think that you're just going to fall into riches. No problem All the power to you I am not here to judge What I'm here to do is to provide some transparency as What a little fry like me is doing day to day to build up some net worth Okay These are the aspects right here and these are the goods I'll throw at your rapid fire and I will give you some of my tangible investing categories here in just a minute, but I want to dispel the notion of timing the market. All right, if you need to contribute $10 every month so you can take $500 and just blow it on all the cool shit you like to buy cigars ammunition Whatever it is you like to buy go out to chinese food every thursday, right? Again, maybe every other thursday, right? Uh in preparation for the looming recession that we have going on you might want to cut back on the chinese buffet Okay, you can do that $10 man close to the vest All right, it's so much better to be an investor than not be an investor All right, but that $10 goes in there like clockwork And when cmbc comes and says hey that clockwork has to change you need to pull all the jocks out You need to put all your money in fixed income It's wrong It's wrong Okay, and i'm surprised that there's not more stewards I The older I get the more I realized that when I was younger and I heard people talk analysts because they were dubbed analysts or professionals or Engineers or whatever. Okay, the older I get and the more I realized that I talked to people people are just people I've discovered this very fact, okay There are some beautiful people my brother is an electrician shaded light an electrician. Okay smart Okay, but they'll be the first to barbecue hamburgers and and fire up the salmon grill Just as easy or drink some beers or some whiskey with you just as much as the next, okay? Don't put them into a category because they don't like to be put into that category of being smarter than everybody All right, they've just engaged in an area of self-study To where they offer something in a little bit more of a technical expertise and category than the next guy You asked me to go wire a home. I'm not going to be able to do it I just call shaded light. He's a buddy of mine, right? He's my brother from another mother shout out shaded light. He's in here every single Friday And for you guys that missed the live stream man, I missed you too. I appreciate the the devotion I appreciate the votes of confidence as well. I was up on the Great Lakes for the last couple of weeks It was an absolutely fantastic experience I was actually on the vessel That was following the Edmunds Fitzgerald when it went down. It was a 1952 steamer Um that still operates on the Great Lakes to this day So I will drink to the Edmund Fitzgerald if you find it Um appropriate if you don't know what the Edmund Fitzgerald is Just I don't know google gordon lightfoot and listen to the song. You'll understand after you hear it All the rant Let's scroll the bottom here and see what we got here Matter of fact, I'm gonna do some shout outs to some of the cats here in the in the group Chris Christopher Blaine's in the group here Chris great to see a man shout out to you Really appreciate that Yeah, proper 19 in the house very cool stuff We're timing this out perfectly so I can get to my tangible categories of investment thesis But what the hell do I know? This would be interesting not bad coming from the worst investing youtube channel on youtube But i'm gonna try i'm gonna try to give you some ideas here to really help you All right, i'm not going to give you the three stock picks of the month or You got it got it got a tune into jt wealth for that man jt's got it all figured out Tune into jt man. She'll hook you up. She will hook you up one of the best Investing youtube channels on youtube do not take the advice of the independent investor channel You'll be charged with uh, actually learning and deploying and making decisions for yourself All right, not being mesmerized when you're staring at the screen. The ever clear boy says hello, ryan and happy eastern all Thank you so much. I appreciate you and tannis is in the house Fantastic That Simmons is in the house Got the baseball stadium there. That's pretty cool. I was thinking about taking my son to a yankees game next weekend Be kind of cool. I missed out. I put in for adam sandler tickets Yesterday morning. I didn't get him. I didn't get selected for the lottery. So I would have been kind of cool Adam's a good dude. I like when he sings the chris farley song man. It's good stuff You all know what i'm talking about if you don't man catch him on uh Catch him on netflix is pretty good Contra easily top five nes games Yeah, both of them. I like contra one and con was a contra three. I think right? It's pretty cool It's pretty fun now we play on big tv's man when we were growing up we played on the little tv, you know Um nintendo is one of our channels like we had four five eight and 12 And there are people out there that will resonate with that idea. Yep four five eight and 12 Yep, I I hear you ryan eight was black and white Four came in perfectly five came in a little bit off and 12 came in even more off Eight was black and white. So that was what we had four five eight and 12 amazing the things we remember from growing up Dan's great to see you good evening to you good to see you back. I'm glad to be back. It's fun It's fun Like I said, I'm gonna throw that uh personal responsibility back on the subscriber group here Um, I take on the scrutiny tongue-in-cheek. Uh, it's kind of funny to me It's kind of funny to me how um You know, we're kind of defining maybe the courtesy and if you don't like something on social media You don't like how I operate. You don't like the I mean you absolutely lose sleep over the fact that I I own highly on I don't um, but if you lose sleep over it and it's a real Real bummer for you. I don't know take a break from the channel I give you a leave of absence I I would probably suggest that you're probably a good person to be honest But you just take a leave of absence from the channel and get your shit straight and then come back. All right I'm I'm freaking fine. I don't have a choice Great to catch you friday. I'd love to see you and seem to see I'd love it man I don't know. Let's have some of these. Yeah. Okay. So highly on goes to zero All right, no problem. I I don't think that's gonna happen I think highly on is going to materialize into something really really special Um, and if it does, um, what's to say a duro can't try crazier things have happened Um, you know, I've got some people in my school's of thought don't make no mistake. There's a below the surface Um, it's just the tip of the iceberg which you see on the channel. Okay There's people communicate with me all all the time if nothing else the independent investor channel has provided a communication nexus To some really really smart people I'm good at delivering the information But uh had an interview with um, mariusz schisky on uh, tuesday wanted to interview and get me get my thoughts my Findings are actually on his channel. He interviewed me about my visit to a to a duro but um You know kind of fun stuff and Hell, I mean if that thing materializes into something, um, I will be a household name. There's no doubt about it Um, what about actually coming on to youtube and turning somebody on to a stock that maybe has a Pretty good chance of materializes and actually does you want to know what that does to the subscriber base? Yeah, you want to know Do you want to define loyalty? I can sit here and talk tell them purple in the face and say i'm a good guy and I'm not an asshole. I'm I don't think i'm that ugly. I have a very good Self-esteem i'm very healthy. I'm a good family man, etc. Etc. That stuff goes to the birds You make somebody a few dollars. Mm-hmm. That's very powerful Um, they're your homey forever They can know you did not know you whatever man. They're they're they're in for for life I would love nothing more than to provide access to information that's lucrative Make no mistake about it. I mean you can provide all the scrutiny you want but at the bottom line I hate to see people hurt by any type of recommendation that I provide I provide the transparency so I can let you guys understand that the level of hurt Is is is affecting me too? Right. I I have skin in the game right Okay, uh tuning up a few of those phony limp I just jeez louise man. I mean I don't I don't question the the the smarts. I mean I've I've met morgan in person I've met sarah in person. I've never met jim. I've I've been down there three or four times already Um, very cool morgan's great super nice. Um Very smart people and I've no doubt tops in their econ classes Whatever it is that they did to get with their smart people kelly evans is one of my favorites. He's very smart I'm a jim kramer fan. Um, you know, I I think it's great I just think that as a listener you have to be very very careful not to Listen for entertainment and and glean what it is you feel like is important as opposed to just following Blindly the information. I think it can become very very dangerous In not coming up with some level of of hypothesis for yourself about where you think the world's going to end up and I I don't know. I think we're in kind of like maybe I don't know the best time of our lives No, man. I mean we come off of a pretty A pretty tough time. I think in 2020 Well, let's be real the decade started off horribly and we're still feeling the ramifications of that three years later What else can I say? I can't dumb it down any more than that Um, does it mean we're all bad investors? No, no, it doesn't It just means that the market has fallen on kind of a darker time and that's just where we are I'm not going to apologize for that Um, I've been through it before I'll I'll go through it again That's simple 45 Shit, I'm in my prime To whip that ass are you guys that are 20? You guys should take half of the motivation I have and be like Jesus christ. My life has changed It has it has you can be a millionaire again You want to try to win the lottery? Go ahead. You want to be a professional athlete? Go ahead You want to make that big business deal? You want to be an entrepreneur? You want to start that business to where everybody looks at you as having all the answers? I just sat here tonight told you that not everybody has matter of fact Most people don't have the answers even our professionals love them to death good people Honestly, sometimes I look at youtube and look at their ability to garner an audience as really just proof that they can dupe a whole hell of a lot of people and a lot of cases robes of people Uh in the tune of hundreds of thousands in some cases fantastic Take my shirt off and scream and yell. I can garner an audience. No problem. No problem Show off my big kids. I'm I'm great. Yeah, absolutely. Show off my hairy armpits people love that stuff, man Right Mm-hmm Teach his own man. Everybody's got their way. I guess Very cool stuff not kins in the house, man Very cool. Ken great converse and with you this week. I really appreciate it. He's going to the act expo next month Um, I will send you a shirt. Actually, I do have that. I do have an extra one for you I'm gonna send you I'm looking at your thumbnail and seeing if an extra large will fit you Hold on just a sec Maybe I don't know looks like you might be a smaller feller than me All right, all I've got is extra large, but they're made kind of small But I think that'd be awful cool to have him wear an independent investor t-shirt up to Thomas heli's booth I'll drink to that that'd be funny. It'd be a Thomas heli'd look at the shirt and act like he doesn't know who I am He fucking knows You arrogant bastard You are the worst investing youtube channel on youtube Okay, man Okay, man Ever clear I started adding to jeppy and jepp q over the past few months Gotta say I love to pick up seeing the drip growing each bunch. So good stuff, man. I appreciate you sharing that That's really cool stuff Now that's high up there on the list of investing products that you can you can do really well with I don't out up myself Mr. Freeman Jones is in the house a little buddy fantastic. Very cool Freeman Jones is in the house. Where's where's freeman jones? Where was freeman jones? I tore the bottom of my skull and I'm yeah, there he is Freeman's probably a celebrity. Oh, yeah, look at freeman Freeman's the man straight shooter. It's the only way to be mr. Sunday Highland content I can get I know I understand and I'd really like to put that content at the out of the most Necessary of timing as well Um, scrutiny starting to ramp up over it. That's for sure. I'm buying the stock um, I maybe I'm making a mistake In accordance with what everybody else is following with regard to how I'm deploying my money I don't know I would suggest that the discipline that I've deployed so far would be too much for a lot to handle That's the god's honest truth Yeah, yeah, yeah, I'm tough I take it in perspective I want a nice big sheer base in the company if it reverse stock splits, you know, that sheer base is going to drop a zero We'll see what happens. Okay I think it's a little bit premature to be talking about about that But um, I'll do my very best freeman to deliver on my promise to continue on with that content Um, it's becoming a little dry for me because I tell you what there's there's some reciprocation That's the only thing that keeps me going. Um, but for the negative sentiment and the fact that You know, I talked to the ceo Almost weekly for the other company that pays me to help pay their story forward And I can't even get an acknowledgement on twitter from the people who don't even like they tweet for thomas heli It's not even him, you know, it's not him. It's not him. It's his drones Doing it for him and he he can't go on there for two seconds and say, yes Good go ahead and speak, you know, and they speak on twitter. That's bullshit, man Look at how much time I devote to you guys, man. This is really me. I'm not a drone. Okay. This is really me That's there's only one of me. It was really me up there at aduro clean technology shooting the footage Talking to a nil johar their chief scientist. It was really me Okay, and I find it funny how my efforts can be almost everywhere In an effort and devotion to my craft, but we can't even get an acknowledgement to twitter. Why? Because we're too busy planning investor days for all the investors out there that have lost a shit ton of money Yeah Yes, siri No offense, but us is on the verge of a default in one or two years tops It's probably my my number one concern actually And I don't get offended by smart statements like that Everybody's opinions is welcome and I'm not one of those guys that profess that my opinions are gospel Okay, so don't ever qualify a statement with me. Don't ever do that It's all it's all open and I'm interested in people's perspectives if you want to know my my honest Opinion about this. This is actually what concerns me the absolute most So what do we do about it? You know, do we throw in the towel? Do we buy real property? I was joking with one of my friends at the top of the stream You know about investing in security and I'm not going to use the word because I might get I might get shunned on on social media But making some of those old investment purchases I mean, this is an alternate investment for crying out loud if shit hits the fan Zombies start, you know punching on my door to get in and and bite the shit out of me I'd rather have a crown royal, you know, I'd rather Have it have it have it have one Then have not have it with the zombies Beating on the door trying to get in and bite my head off. I don't know I can't dispute that. It's a concern We keep spending money like a bunch of households. Anyway, it's crazy like like it's just going out of style Demands surprise or us and oil above the cap. This matters and totally agree S serfs I would kick over and I would award your moderator for such a smart comment But yeah, all opinions open man. I'm not one of those guys that run this channel like a dictator I run it like a a free country Which this country is every year going down the tubes as far as that goes if you want to know my honest opinion About it. I think we need to do a better job of actually fighting for that Which we don't we give away the farm. We really do Matt says when the lambo I need a lambo. Oh, he's told you man. I just take the Corvette I need a couple of these positions to materialize and then I can film it and everybody can be like, you're the best, right? You're the man If not, I'll still be the man. I'll still be a man. Hold on just a sec Yep, most definitely there's no confusion There's no confusion. Um, I'm certainly on one side of the fence as far as when my life goes that's just me I respect the people who are on top of underneath on the other side of the fence. I could care less But yeah, just sharing a little bit insights from my perspective All right Very cool stuff cruising down toward the bottom at the absolute perfect time. No doubt about it, man This was a real fun real fun time tonight really cool. I got a lot off my chest I got to I got to fight a few people silently by not calling out names I got to give a few compliments and I also got to put the credit back where I like to have the credit and that is in the hands of the Wonderful community that actually get what I'm trying to throw down on on this message Okay, very cool. I haven't joined your stream in a long time. Show cat. I remember you That's funny the people I remember and it's great to see you my friend. Thanks for joining in. I really appreciate it Very cool stuff Some people who came about rich is too easy Fucking up big time got to go through some pain to learn how to appreciate Yeah, and I'm not going to suggest that my road has just just been all roses. You know what I mean Yeah, it's been some hardship and it's through that hardship that I learned appreciation and I would wish that upon anybody I tell you what Um, you know, you you give me a little bit of of man I will be a pig and shit I will throw the greatest party every single year the i2 party will be one for the ages It will be one for the ages and for just a small subscriber fee of zero dollars You can subscribe to my channel and actually pulse yourself into that level of appreciation Okay, then you'll be more of a proponent of hey, come on. Let's let's do this man Take a little partake of 100 shares of a duro. What's it gonna hurt? You know And I think I am more interested in advocating for those people. I own 25 000 shares of the company I'm more interested in advocating for those small positions that may accelerate those people to the first 10 000 Because I know the impact for those people at that 10 000 is much much more Measurable with the degree of impact on people Then then people like myself who knew they were going to be where they are now And I've known it for a long long time Share that motivation with you guys in knowing that success isn't necessarily a mechanical day-to-day thing Rather a prolonged type of exercise towards something very very special Very very special And getting down toward the bottom here and cruising through very cool. This is miss the live stream Missed you guys too. I appreciate it. It was hey, you know, it's a lot of fun on the project Rick's in the house, man. I can't go without without shouting out. I'm back. Rick. I probably throw down on sunday anyway And it's good to see my friend always good to see a Part of the communities he lives. Welcome back. I was never gone I was doing a small piece of mission and until I can Figure out how to duplicate my efforts and duplicate myself I can leave one person here to just do social media all the time. I haven't figured that out but You know all in good time if I could graduate to a place where I had more free time and opportunity to share my insights right now Once a week is what works for me. It's just that simple. He says, of course, I'm still buying um Yeah, I just um I'm good with it You know, I'm actually really really encouraged by the current price point I really think that at a doubling of these levels is Is a catalyst away really? And I think the stock being overlooked right now and quite frankly discredited is Is is promoting Where we are now with the drift in the stock. It's that simple and I've said many many times As far as pre-ipo prices or anything below ten dollars between ten and one dollar There's no difference in my mind. It doesn't matter if you pay 633 or 183 or 562 or 321 Really matter in my mind really. Um, I'm more interested in owning the shares in the company I put more value in the shares of the company as I accumulate these positions and so be it if I'm accumulating The positions at these recess prices. I'm happy with it. I'm fine with it. I'm good with it I'm continuing to dollar cost my my boring stuff that I report out to you guys as part of the cumulative hole Back toward a half a million dollars But that's the style of investing that anybody can do and it's very very simple I want to make sure that the access to that style of investing Is accessible to everybody to where they look at it. They're like god Ryan says it's easy and I'm here It's easy. It's easy. Um, this level of investing. This is this is not easy It's easy for me and rick I I think I would wish for both of us and he would agree That we would probably like to see a little bit of reprieve in the exhaustive selling and we've been in an exhaustive selling for six Eight months, right? But it'll happen eventually and where it seems like the stock has zero potential to ever go up Um, it will flip a screech script and it will be on the other side of the coin where we'll be looking at it We'll be like god this thing never goes down Um, and we'll be wishing for days like this That's people are bitches when it comes to their their mental application Oh my goodness. I wish I could go back and invest in highly on at a dollar 81 Well, if you had the foresight To maybe take a little strategic stab in the company now You know, we have looming things on the horizon that will happen They are inevitable and they will happen And I'll report out on those catalysts when they do happen And it will positively impact the stock. I've been through this many many times Um, I I'm not one of those guys. I look at a lot of stock and you guys don't hear about 99 percent of the stock that I look at and discredit within the first few minutes You don't hear any of that Below the surface iceberg The independent investor channel is the top of the iceberg my friends It's the portion of the iceberg that you can actually see All right And it's that portion of the iceberg that I like to share with you guys week over week I'm going to blast from the past year. I have to cruise down to the bottom Ernesto's in the house Very cool Ernesto was one of the very very first subscribers to the channel means a lot to me to see some of these legacy cats Who've come back and I would pose the question to Ernesto as I made a difference at all in your application in Your financial discipline your stewardship your application has it made a difference to the positive in your life? Be honest Yeah, I'm not gonna I'm not gonna answer that I always operate on a premise that the true opinion and And and an assessment of a project Is better left to the patrons of the message and I'll just leave it at that get susan in the house here susan welcome She says ty she says I think that's thank you or or take your whatever and I think it's thank you. I appreciate that susan if that's indeed what it is We've reached the bottom. We've got five minutes of bonus man. I really appreciate you guys, man Tune in into the past to 60 minutes on youtube. We will be back next friday I will be on again. We'll see if we can put together another cal ripkin junior streak on the independent investor channel I do hate to miss it when I do it's for good reason Um, but we will continue to footstomp this very very weird 2023 as it has been an interesting follow-on down 20 percent year in the smp 500 It will be interesting to to see how the rest of 2023 unfolds with regard to the passive investing the dividend investing Some of the speculative names the cream and a crop that I roll out for you guys As aggressively as I do on the channel what it comes down to is your own personal Application your own personal success if you can't render that and garner it on the channel I don't want you here. All right, but I work really really hard to make sure that those opportunities and stones are kicked over All right, so we can ever uncover those opportunities for people who don't think that they're out there And I'm here to tell you that they absolutely are guys be well Have a great rest of the weekend. Happy eastern. We will catch you next Friday on the independent investor channel live stream. Be well