 Welcome all the empowered investors out there to the independent investor channel live stream My name is Ryan. It is Friday 9 o'clock on the fastest 60 minutes on YouTube It's one of my favorite hours of the week. I work very very hard monitoring stock market investing I've been doing investing 25 plus years I do garner a lot of credibility because I come on to a live stream on YouTube and my suit and tie for sure Which absolutely gives me the credentials enough to sit and Introduce you guys to what could be a common thread amongst retail investors That being Apple Microsoft Johnson and Johnson as if it's some huge secret out there What is it that keeps people from the investing opportunity? What is it that keeps people from realizing their full potential? What is it that is so faux pas about the money topic? This is something that I deliberate on all the time and I may be completely wrong. It's just what I see It's what I see. It's a weird topic. It's fickle a lot of people will get involved late They'll regret not getting involved earlier. What are those barriers to entry? Why is it that we live in a society that I feel this the chips are really stacked against the retail investor? I think big institutions and the way that the system is established is that we could keep our head up our backside Just do what we're told chew with our mouth closed never question anything Walk our dog three times during the day pick the shit up off the sideline and just be happy with doing so Don't challenge the status quo. Don't challenge the system as we know it Don't question why it is keeping your money with a bank is probably not the best idea for you questioning what what is the draw to global and especially domestic Markets, how is it that I could seek my access and even scarier if I do what could it mean for me and my family, right? These are some of the things that we deliberate around And it always challenges, you know, my My execution of this project as to how we can speak to people Right, I'm not perfect. I don't have a suit and tie. I don't have credentials. I do have results I have those. What does that mean anymore? Do I come on to YouTube and profess to have the answers in other words? My program is my program and therefore my program is going to equate two results for you Doesn't sound right does it? So we try to take it one step further and ask that question. What is that common thread? What why is it that somebody can look at my portfolio and say That's crazy. Well, that is that might be crazy with your lens But with my lens it could make perfect sense Okay, so that better place that higher place that we're looking to get to for retail investors is to look within It's not it's not rocket science Yeah, challenge be pissed off Be individual Make decisions contrary to the norm challenge the status quo Ask yourself How has it been in the rut for the last five years? Do a quality control check on yourself. It's nothing. It's gonna hurt Five years is a pretty small increment in the total perspective of a lifetime But is it? It's amazing to me how I feel like life has just given me all kinds of benefits I think back on where I came from You guys are probably the same. I think there's so much value in the individual I think so many people bring so much to the table It's incredible. There's a lot of investors in here that certain veins of their application in investing Are probably leaps and bounds better than mine Right, and it's those veins that we want to explore that I I can't explore for you What I can do is say that they're there And all you've got to do is touch on those veins for yourself. Give yourself a chance When was the last time you took a chance When was the last time you tuned into a youtube offering and actually got some value out of it I do contend that there is a lot of value out there for those Creators that are really trying to strike at the truth I think if the institutions had it their way I think that they would probably persuade as many retail investors Away from value investing away from passive investing away from those fundamentals That have been true proven tried and true over time To work for individual investors Reddit threads right to the moon stocks Mean stocks whatever the f that's supposed to mean right anything to distract the retail investor cmbc one day on a day like today dow closed 260 points up Right, so every bull that they've got on retainer comes on and talks about how great the stock market is And how it's going to continue to go up and never go down Monday it could open up 250 points down then they draw from that pot right there to try to drum up fear In the would-be patrons of the message. So who is it that you trust? Maybe it's time to start trusting yourself Maybe it's time to start looking at what has historically worked over over time Irrespective of what the media tries to to sell you on or get you to buy into Right. Remember the propaganda in the bottom line is all about money If you can disconnect yourself from that and really plug yourself into what is the truth And the truth of the stock market is that it is just what it is All right It's putting capital to risk and those well established companies that have done well for shell holders Over the long term now there's certain levels of risk and the question becomes for you as an individual Especially an empowered individual is what percentage do you want to allocate in your total portfolio? Remember you got a hundred bullets to play with Right So have some fun Any investor is Is is capable of sitting back And looking at what style of investor I just dropped a podcast through the independent investor podcast this week It's very insightful on really allowing the individual investors to take a look in the mirror And really do that self-assessment and kind of ask themselves Look, maybe this isn't quite as scary as it's made out to be. All right Independent investing. What is that? I mean Ryan's only got 30,000 subscribers. These are relatively small youtube channel He's been doing this for five years. What gives why doesn't he just throw in the towel? You know It's for the sheer sake that the message is much more grand than the independent investor channel Here's why each and every one of your guys's renderings and results that you're able to Garner through self Directed investing Is actually a piece of the channel. I'm just here to administer the work. That's all Share my tutorial testimonial of success over time If I look at it week over week, yeah, we're up. We're up 14 000 since last week. It was a nice week for us Up across the board. I'll share the portfolio here shortly with you guys and the renderings that exist But a well-laid plan is just that it's a means to an end the end being the renderings A well-laid portfolio with some passive elements some exercise of a 401k or a thrift savings plan Which is what I exercise some dividend growth strategy mixed in there and hell Why not even just a little bit of crypto which is less than 1% Actually, it's less than a half a percent of my total portfolio That's whip and ass go figure that gamble paid off So we'll disclose all those figures to you guys, but at the end of the day, I just want to thank all you guys Really you devote subscribers to the message It's really it's got me a hundred percent Convinced and 100 percent invested in this project In that I get the feeling that it means a lot to people. It means a lot to me I'm not perfect. I'm not a perfect investor. I don't have all the answers nor do you Anybody that professes that they do it probably Deserves you turning a blind eye to it and looking elsewhere for your information But again at the end of the day the information that is put through social media You really need to be careful really need to question You need to ask yourself. What is going to work for you? What is going to work for your family? Okay, so once you guys to really think about that as we work through coming out of the dark Which is the name of this live stream here. It's really aimed at questioning why A lot of investors out there are naive to the many benefits that exist In putting some capital to wealth and and and starting embarking enjoying And or continuing on a path to a better future for yourselves guys stick around It's going to be awesome. Welcome to everybody. It's great to see you Oh Summertime is a little bit slower for uh youtube and I've been taking a well deserved time away I hope you guys are doing the same with your summer. I wish all you guys the very best with your summer I hope it's safe. Um, the world is uh, the last two years has been pretty wild it really has and um, it's uh disheartened a lot of people it's put a lot of people on edge And um, I really would encourage each and every one of you guys to dig deep Find that motivation for yourself, man. Life is not worth living In fear. It's not worth living Pissed off at your brother and sister next to you. Okay, it's not worth Walking around with a chip on your shoulder and being angry at the world because you have to maybe Abide by certain safety protocols, etc. Always dig a little bit deeper. Okay My secrets to success Dietary very important A physical fitness. Okay, those things haven't gone away That is super important. Pick a vice and do away with it for me. I was addicted to coffee caffeine really took a hold of me for a while It was amazing to me how as I was able to kind of segue into Green tea to get over what I feared to be that caffeine headache that you get when you quit coffee I've been off of it for three weeks and I couldn't I I've never slept so good. It's been amazing I've been a lot calmer with my application So it seems like well where the world is going to hell in a hand basket You know pick that one thing to where maybe you can take and say, you know what? I'm going to improve my life in this category. I can improve my life in this You know, I've always been wanting to do this over here Do it And now I'm I'm can be motivational I like to consider myself a life coach in a lot of capacities a lot of the one-on-ones that I do via zoom I don't disclose with an open social media audience that business is Sacred and it remains disclosed But there's a lot of people out there that um, yeah may resonate with the financial element, right? But If we're not striving toward in the enjoyment and the um the the real Perseuance of happiness outside of wealth Then then what's the point of pursuing wealth? I see I think The pursuance of wealth is somewhat of a robotic application, right? But if you're unhappy on the inside There's no amount of money that you can have in this life that's going to supplement for those deficiencies that you have and I'm not here to judge you can work on those I have them too, right? And as we evolve and become better people, it's just going to be that much more Appreciated when we do make those renderings and we start to say, you know what this stuff does work. This is really great and You know that that's where I want you guys to get to and and and I can't quantify each and every one of you guys I do say that the goal on the channel is to empower One investor at a time and if you can kind of look back at your relationship with the channel And your relationship with how you've built yourself up over time Whether it be in some of those health and wellness categories or whether or not you're seeing a sizable increase in the portfolio Wonderful. Okay, if you've identified some Missteps in your investing application. That's also a sign that you're moving into a grander place right now I'm a little off my base This highly on investment has been a real interesting one for me to actively monitor It's been extremely enjoyable for me. I think there's a lot of investors out there that would look at this as a Fairly speculative trade. I guess I'm I'm speaking as if the masses have dubbed it just that I'm not of the agreement in that I think there's too much going on at the company But a lot of people would say Ryan you're a terrible investor because you've done this again It makes perfect sense to me I I would ask you guys to really try to earmark what makes sense to you What is it that's going to work for you? I've got other elements of the portfolio that are really buffering but to be honest with you guys I've missed out on some market appreciation Taking a chance that this highly on over time will hit that catalyst and turn the table here as it's been basing For a significant number of months here And I think just shy of nine dollars closing today at eight ninety eight I I think there's never been a time here I I just think the cross wins of positive news with the company and the repressed stock price is really given an interesting opportunity I do want to give a shout out to rat pack stocks. It's paul cardo Very good. He's one of the few that I really like the last video that I put out on highly on You're welcome to click over the link is to his channel. Most of you guys are subscribed to him. I'm sure Runs a fairly small channel about five and a half thousand. He does a really good job Very sharp very sharp guy and and I like that He professes to be more on the educational side of the house Rather than the hype side of the house like hey highly on's gone down three cents Let's all shit our pants and run for the front door Hasn't worked that way And if nothing else is the retail investing community out there can really buy into and and monitor If speculative investing or or the grander holding of more Risky assets out there is not your thing. It's kind of cool to sit back and and and watch how it is that I Monitor the progress and a holding like that how I buffer the trade how I base the position I share all that openly on the channel But for the live stream, I really want to focus on the group tonight to see just a ton of people in the gallery That I do want to get to but before I do q&a here for the last half hour of the live stream So please if you've got something specifically, I'll be Aggressively looking through the thread here to see if you guys have any direct questions for me I'll cherry pick those Out of the thread and address those as well. It's great to see everybody. So let's cruise in here See how the portfolios are done Last week I did not with matt money on the show here Good friend of mine didn't get to do the portfolio reviews. Probably a good thing. Anyway, which we just been getting Crushed at least over the three weeks of vacation is fine. I didn't pay too much attention to it I'd check in and be like wow that was horrible So there was a pretty good stent there of a little bit a couple points of correction anyway in the market Nothing too crazy here to report This is where I hold the majority of my options and I'll get to that I had one five contract option expired today So that was nice. That was a five hundred dollar bill of premium to the bottom line. Whatever. I just throw it on the pile It's no big deal, right? Well laid plan renderings 30 days Um, I did have to roll the wish contracts, which was fine. It just took a real beating after earnings And and I think it's really oversold. I really think the reaction to the wish Earnings was oversold and and so I I would have been caught getting some shares put to me Because I wrote them pretty aggressively at eight and a half at the time I didn't think there was any way it would fall below that and it certainly did I had the choice to have them put to me. I went ahead and just rolled the contract out to september 27th Because I think over the next month wish will Move out of its oversold condition and back to something a little bit more respectable At least put me a little bit closer to that strike price. So There it is. There's the joint brokerage account This is a non retirement non tax protected account that I use to own some single stock This is a little out of whack right now. I do not have this dialed in the way that I want it We will work on that. I'm a heavy weighted toward the highly unholding It's really the only place that I I want to be right now. It just makes sense to me I just think putting large chunks into diversified ETF index at this point might be a little bit Illfated it can work for a lot of investors out there But with some severe scale And I'm talking about a hundred thousand dollars to invest maybe a severe scale down to even 20 One-fifth of the total capital go ahead and put to that passive If that's what you want to do to base your start a base position You can do that, but I'm just not very excited about throwing a bunch of money at the market at all-time highs here This is me. Um, so 95 5 cash allocation and it is up week over week The Roth IRA number one here. There's the holdings. So this is stockpick galore Now this is a lot more cash rich and this account. This is um, my spouse's account 80 20 stocks to cash Um pretty straightforward in here. Nothing too crazy I did go ahead and liquidate fizer on a swing. It was up 30 Then took a nice, uh chunk of profit out of fizer I do own it in the dividend growth portfolio. So I still own it. No big deal That's tax protected profit and um, you know, we'll live to fight another day We'll monitor it. We'll enter back into the stock Maybe buy some uh, some cash secured puts on it. Who knows I'll monitor the position and see what shakes But voo and vbk, especially with the small caps Kind of catch and they've been crushed over the last couple three weeks. Anyway, so vbk had a really nice day today Uh that small cap growth Right, so there's the holdings in roth IRA number one not too shabby This is mine 113 90 97 you can see the disparity between the two roths because I took 2,500 out of this roth contributions rolled it into the eye trust capital I have shot the footage and we'll roll that out through the channel Just as an introduction to the affiliate relationship we have with eye trust Um kind of explained some of the drawbacks and some of the benefits that I identified It worked for me. I you know, the verdict is still out for me whether or not I even like that stuff I I don't know. I'm up and I don't really care. I'm up $1,500 on a $2,500 Investment, but man, it sure is volatile. I could lose it all next week. They're talking about bitcoin going to $80,000 Whatever the hell that means I just there's no way really for me to quantify even with the research that I've done Enough to take a small position in it to really feel comfortable holding it long term But that is my plan. Um, I did enter into it with some very anemic scale So it does make sense. Um, but that's where the disparity comes from 87 13 and this Um, alibaba is still getting crushed Um, really too bad. You have just an unfortunate entry there I really thought I had it in the low twos at a very good entry and look at it here at 160 Not too good. Um, really a falling knife falling really aggressively I don't see an end in sight to it. Um We'll see what shakes. I still own the shares really too bad because I probably Overallocated to that and really part of the thesis that I declared to you guys is being a little bit off My normal application and we'll get back to it. I I really I'm really looking to this highly Unholding whether it be over the next year or the next three years or the next five years plus To really add some that is some real boost to the bottom line in the portfolio And I'm willing to take that strategic shot right now for the next couple months No big deal, right continue to monitor it once it gets up to a respectable amount 15 to 20 dollars That'll be nice and then I'll stop monitoring it from an active perspective and just sit on the investment And I'll allow this thing to come to where I think that it's going to go All right, here's the M1 portfolio. This is really impressive 18,115 Um, I'm I'm I'm minus uh minus a comma there. Sorry But um, yeah staring down 20 000 just covered this portfolio Um, I don't think I've released it through the channel. I think I did the dividend one. This is passive I don't touch this no effort goes into this. This just chugs right along This is the little choo-choo train of a portfolio that continues to really surprise me I I I had my doubts when I started this and um, it's just done Super well now VGT, which is the flagship in this. It's the highest allocation at 14 percent That's the technology sector specialty ETF Through vanguard has just been on fire. It's been absolutely crushing it And uh, just kind of goes to show that you can make good passive income Just as well as you can with the single stock I mean if you looked at my portfolio now You'd be surprised some of the single stocks have really really come off aggressively And therein lies the risk for new investors that are looking to deliberate between what style they want to deploy Either more of a passive style or an active profile through single stock investing. I like them both I really do. I've got a healthy mix of both And I think you can look at both of them as viable options for yourself But be realistic about your tolerance to risk because on the active side Especially with a stock like highly on holy smokes man. Go visit the yahoo thread You can see some of those folks have actually gone bonkers. Yeah, they've gone bat shit crazy They've lost their f in mind and I don't know if some of them go in there just to drop their bombs Just for self-therapy. I have no idea But you can tell that they really do have an uneducated approach And I've probably stepped into a realm of investing that they're probably ill They were ill prepared to step into in the first place i.e. I'm just going to buy the stock And I'm going to quit my day job and I'm going to wait for highly on to go to $10,000 a share It just doesn't work that way. That's not a realistic approach. Do I think eventually the stock could appreciate in value? Yeah, when that could happen. I have no idea and I I find it interesting how some people say it's going to this Or it's going to that you don't know shit shut up Okay, just calm down if you want to invest invest if not don't What else is there? Really like what are you deliberating over if you have problems if you have questions leave it in the thread I'll get to them tonight or hell hit me up directly I mean, I I put three email links on my social media profile of people hit me up all the time I don't know Don't make it more complicated than it needs to be okay. Here's the other dividend portfolio This is a very popular portfolio a lot of people like this one. I do too This one I knew would perform I had a lot less Anxed about starting this i'm getting a little bit moved away from the rktf portfolios after a pretty sizable run up This was a segue from the growth portfolio that I had amazon google facebook nvidia Netflix uber And down the line adobe systems some of my favorite and that's another idea for you as well to utilize m1 finance I'm actually considering starting Another growth portfolio and a third one Just because I really like m1 finance It allows me to dollar cost average in the way that I can't dollar cost average with my marrow ledge Platform and and you know it just speaks to the legacy They don't want to change the platform up, but man alive They're really kind of missing out on some of the feature and function that I really enjoy with m1 finance You know, they do need to improve upon their customer service, but from an investing perspective I buy into what it is Allows me to avoid customer service and that is by stocks that i'm just looking to Own for the ultra long term And so I don't need to get on the phone with customer service once the accounts are established. So I I you know, I I do agree with the criticisms But I look to avoid it by just investing passively In what I consider to be the best passive platform out there. That's just me Hopefully you guys can resonate with that idea. This is tsp. This is something that the inherent lesson in this is I did increase every two dollars out of 10 goes toward this account out of my earnings. So 20 percent Um, that that that's a pretty aggressive And I'll just hit on map money real quick. He talks about this aggressive allocation, you know Man take, you know five eight percent. Is that enough? You know, is that enough? Do you know the answer to that? Do you feel like you could do more but you just don't Because you want to spend it on other things or are that some of those expenditures? Really in the luxury category. Can you cut back on some of those? Right, I've justified 20 to my tsp and it's it's it's made a sizable difference Now this account when I started it I started it in 2011. Okay. It's 10 years old So for you guys that are out there that are just starting and you're like man I could never get up to a hundred thousand which was my initial goal for this account. I'm 57 percent there I figured if I could have a hundred grand in this account when I retired Um, I would be sitting pretty. This is kind of a surplus type of account It's an acknowledgement in my budget that I don't need all the money that I make Uh, and and this is where it goes. So I needed that kind of slush opportunity This is the Roth tsp for all you guys that are familiar with that but I haven't missed this money, you know Um, where would this money have gone had I not started this account initially with the first 2 percent 2 percent going toward this now I've built it up to 20 percent as the discretionary income has changed my lifestyle hasn't changed My habits and my spending have probably come off like there's just certain things. I really just don't like to buy I like buying stock that makes sense if I could buy real estate now I would Christopher Blaine's in the group here. He made a thread comment. He's looking for Um, some investment property those the two things I hold the highest value in stock and real estate Yeah, if you can study up on those two topics Really incorporate them into your life as as part of your total comprehensive portfolio You'll be better for it. You betcha Here's the options. I touched on it. I still have the longs on highly on absolutely Um, the puts did expire. Uh, we were paid out. Uh, we kept the pre retain the premium there and the wish I rolled to September 27th I did disclose that to you guys. Here's the the bitcoin account up over four grand. I I don't know I don't know I don't know Don't know. This is not the independent investor from five years ago And I know I you guys there's a lot of cryptocurrency. Um investors out there If you want to deem something speculation, I would deem this more speculative than highly on Yeah highly on produces something that I can touch that they're innovating and Going after a market that I think very few if not nobody is going after with rng I'm investing in rng three small letters very very simple for you guys that think I'm crazy I am Right. I just think nicola and tesla. They missed the ball. They do I think they're in favor I think everybody wants to focus on the grid and they want to focus on hydrogen's fuel cell and I think uh, the people who are focusing on that are focusing on the wrong stuff and uh, we are in the minority by focusing in on what this is and time will tell And uh, see how that works out total portfolio renderings here $5 and 10 cents. So we're doing well $5 and 10 cents Someday I will be just as happy somebody asked me last week or the week before if you lost at all, would you be happy? Pretty jarring question. That's interesting I always try to run yourself through the risk tolerance evaluation by saying if you lost half of your money 50% of your money boom gone overnight. How would you react to it? Would you be prepared? Sure, you'd be pissed. Okay, would it affect you? Yeah, you wouldn't be happy about it. But would you be okay? If I lost at all I come from nothing Some of the happiest times in my life I reminded myself of some of that when I was back home on vacation Laying in the river watching the osprey come down and pick the fish out of the river The water was cold It was refreshing. It was nice It was beautiful to be surrounded by big big Douglas fir trees. It was really nice Um, those are the things that I draw happiness from You think I draw happiness from my portfolio You underestimate me Yeah, I want you to think about that. Okay. These are renderings from a well laid plan. That's all they are Doesn't make me a better person Doesn't make me a better husband doesn't make me a better youtuber. It doesn't gain me more credibility right See, I've just Given some critical observations on how I'm a little off kilter right now I'm a little outside my portfolio strategy Okay, which is what I encourage individual investors out there not to do most of the time Stick to a well laid plan. Don't deviate. Don't get sidetracked It is highly on a neon green sidetrack Time will tell I don't believe so my conviction is 100 there Which is one of many criteria you need to justify a position. Will it work out? I don't know the stock's gonna go where the stock's gonna go. Okay And that's just how it works give you some of my insights and deliberation on how I keep the investing opportunity at bay Don't let it consume you. Um, it's not worth that It's worth much more enjoying those things in life that really do Bring the most pleasure in relationships. Right Exercise diet, you know, I just told you guys how much better I feel having quit coffee Now I will treat myself on the weekend But honestly, I don't know if I want to deviate from the discipline that I've put myself through I've I've drank coffee for years years and I was burning through that crappy folger. It's folgers is gross, right And I was just burning through it like no tomorrow and I really like the vanilla Dunkin donuts that french vanilla stuff that stuff's like yeah, it's close to godliness. It's really good But it's too expensive. So I cut it out I didn't need it and I found that I was much calmer at work And I could sleep like a baby at night. I was like man alive. Some nights I would just lay there I get off on the right thread of thinking of the right dream down the line or you know, thinking about those Aspirations that I have in life. That's typically what keeps me up right now. I I I don't blame that entirely on the coffee I'm just a thinker. Okay. I'm just a thinker Share some of those dreams and aspirations with you guys and owning your own future Take away for retail investors in a system that is Really kind of built to keep you down, right? Keep picking the dog shit up off the grass three times a day, right? Just in your own comfort zone and just kind of doing what you're doing and you know, you do what everybody else does and and that's okay It's really really safe, you know, and uh, it's okay You validate it with your friends over tea when they come over and What do you do? Oh, I do the same thing really you're all confused come out of the dark, right? That's a politically correct way of saying pull you pull your head out of your ass Okay, get with it. I don't understand why this topic garners so much like Sensitivity like we can't talk about it. I don't get it. I don't know It's a lot of the reason why a lot of people maybe don't come to my channel, right? I really think that and um for those that do you're better for it Jump into the comments guys got a ton of comments. Holy smokes. I don't even know if I can start at the bottom There's just a ton of people in here, man. Just a lot of good good folks in here No doubt I'll start with mr. Bob who's one of the hearts of the channel. Okay, uh, Bob Bob's legit Bob's one of my favorite people. He's come on and talked to me behind the scenes Really awesome good investor too. He's applied some awesome Strategies, you know a little bit later in his life. He's disclosed to me why he does that. It's pretty special. Yeah, it sure is Investings for all people We don't discriminate either. It's the stock market. That's the beauty of it In a society that wants to discriminate. Yeah, and wants to tell you how you discriminate I'm like, no, I really don't think like that. I think all people are special I don't care where you come from. I don't care what your background is I don't care if you have money especially if you have money You will not get an extra special Star on your chest from me. No way. I think some of the coolest people that I've ever met are those that are happy and don't have money Oh, if I can speak openly, right? Here's a threshold for you We celebrate success on the independent investor channel if you're new to the live stream This this we render results, right and this quarter million dollar threshold Is a sub threshold in chris's and I don't want to disclose too much chris is a friend of mine Right, but there's been multiple other thresholds a much larger that have been met the big one The the the big the m threshold, right? Um, so this is a good one. Uh any discloses here looking to segue this into some retirement property all the best to you chris, man I um, yeah, you just you're part of the family man and and I do celebrate the success for you Um, it's just fantastic and a lot of hard-working people out there represented in this community here I think it's pretty awesome. The other heart of the channel here is all good. My spiritual leader fantastic Um, one of one of the coolest people that I've ever got to meet There's a lot there's a lot of really cool people that I've got to meet through social media All goods one of them, you know ruth and becky and bob and chris and a lot just too many Juniors right above his I'm going to showcase him next. He's getting married next spring You know, it's a big world There's a lot of people out there people that you would never have the chance to come together and you know Hey, maybe resonate around a little topic. I don't know. Maybe talk talk a little cup of joe Here she's drinking cup of joe where I'm talking about being a quitter. Yeah, you know, she won't hold the grudge She understands what I'm trying to do Um, can't over can't can't overwork the ticker, you know, I mean I Worked the ticker hard enough. All right, we got to be kind of careful So Now we'll celebrate everybody give a congratulations to junior junior has been on the live stream throughout the course of the Course of the show Just a prime example of somebody who deploys a strategy that works for him. It's really awesome very savvy investor Um, very very good fundamental analyzer of stock to be honest and junior hasn't been doing this his whole life Yeah, yeah, just a very good friend of the family junior shot out to you and your Fiance is great to see a man and congrats. That's that's fantastic. That's awesome I got michael in the house. Michael's been with me for eons It's been with me for eons since the inception right since the independent investor channel was an insignificant little thing Now we're just maybe a little bit more than an insignificant thing. I guess I don't know I Don't care. I don't care if you guys Wouldn't judge me on it. I would take the subscriber count off the channel and we would just run this and people would have no idea How many subscribers I have No idea be pretty funny Yeah, the expose monday certainly I think it'd be fun anybody in the long beach area, man Go check it out. They're gonna be in between Dana. I believe and Peter built gonna be there with them as well And um, some exciting stuff. Uh, the tech is legit. It's great. Uh, super stoked, man Super stoked, uh for the very very few folks that are kind of covering highly on and not just Regurgitating the news that's out there actually giving a commentary like myself and like paul with rat pat stocks He does a good job in in really kind of separating the fluff from the fluff It'll be fun. It'll be fun. I don't know what these mean I don't know for all you highly on airs in the group You can tell me how big or how small or insignificant this is. I really don't know I think it's great. I think it's um, it's just another notch on the agenda of uh, having a spot at the table And um, you know the additions to the board this week have just been absolutely incredible Uh, well received, um on the first one Not so much on the second one. Uh, I think it's all positive building out their board of directors I think it's fantastic. So just my two cents on on that element. All right Now, what's your thoughts on the pet industry? I think it's fantastic. I'm very bullish I'm just kind of off on evaluating certain Submarkets, I really am in the EV space pretty hot and heavy So I spent a lot of my time studying up on that Right. Um, but I I think the pet industry is fabulous and I'm certain that there's Some independent investors in the thread here that actually cover this space And actually probably have some some ticker symbols to throw in the group if you do please throw those in the thread Um, that that's a great question. I'm very bullish on this industry growing Even the insurance side of the house, right? It's it's not necessarily about the consumables anymore I like the pet delivery service Just like along the lines of some of the prepared meals. You can segue that right there into The the pet industry. It's enormous and um, it's one of those things that I probably should get a little more educated in I don't invest in it. That's why I'm probably not as educated. I should but Multiple ways of making money in the stock market. That's just one of them victor. Thank you so much for sharing The the truth you share The truth it lies within Where's that quote from the truth lies within? Man, I think that comes from somebody really really legit. The truth lies within. Where does that come from? Where am I pulling that from? That's not mine. That's not It's very cool. Yeah, you know the idea of just kind of maybe looking inward and and seeing what could work for you out of this opportunity Now we try to keep no stone unturned Um, but but also foot stomp that it's not a big secret either, you know I mean again do do I need to gain your credibility? No piss off You don't like what I have to say. I don't give a shit. I don't care. I just do not care I do this for me. I love stock market investing. I love it if you question my passion for stock market investing You're missing the point This is my time Right. I come on here to share what I do for the benefit of of you guys and multiple strategies that I'm deploying here For your enjoyment. They work Okay, so Yeah, I there there is what is the truth. It's up to perception You know, um, I I don't mean to get under people's skin I say that all the time and that's not really true I do I mean the title of this video video really is to pull your head out of your backside Wake up There's certain people that I talk to you who are super stoked about investing But they they won't they won't engage for whatever reason doesn't mean they're bad people. No way They're good people. It's just they've failed to identify the opportunity for themselves, right? and that's what we're always trying to strike at and Occasionally, I say some of those things that really do strike at the truth for a lot of people And if you are one of those people who hear that and you're like, dang Ryan, you're talking to me, man You're kind of offensive, but you're kind of right too It's all right It's all right. You'll be all right. You'll survive. Okay You don't come on the independent investor channel to get some blase blah blah blah blah blah blah blah No way I aim to please Good night everyone. Hey marlin. How's it going? Appreciate you making your way AMC. I have no idea. Good grief There's a laughing emoji there. I have no idea. It was involved in a squeeze. I saw it squeezed up a little bit I I don't get it. Um, it's not uh, one of those industries that I want to be involved with and um, I've never owned the stock and I won't If I was going to enter into the space I would go with more of a netflix or a disney It's easy. Yeah, um, I know there's some savvy investors in here much more bullish on hulu I haven't looked into it enough to derive an educated opinion on it. But uh, it's been pretty lucrative but Going going the brick and and mortar route with this thing going on Jesus, there was a reason why it was really shorted Okay And I think a lot of that break free of that shorts is a lot of the reason why it shot up the way it did The question is where does it go from here? I does it continue to go up? Is it a means mean stock to the moon? I don't know invest your if you want to be distracted on stuff like this. You certainly can but I I I've invested at a hundred hundred other things Um, and a mc is really just not on my list Thanks for offering it. It's very cool. My favorite youtuber. Yeah, I don't know. I'm not a youtuber That's why I'm probably your favorite Because I really try to strike it um, a less scripted Message I I think life all too often is too scripted I think people are too careful Like I come on here and roll on script no notes tonight All from the heart the best product that I garner on this live stream is right from the heart So that's the best product that I deliver. I watch it after and I'm like I'm proud of myself It's a good product. It's a good product. It's one I can stand behind Because I know that if there's somebody out there that watched it and they listened That's the key. Okay. Not somebody who comes on and is like man. This guy's kind of an arrogant asshole, right? Can be perceived as such. It's fine I'm not I'm not for everybody. Not everybody likes cheesecake. Okay. It's all good. It's okay You don't have to be liked by everybody. Neither do you I certainly don't coming on and putting myself out there on social media I usually drop an invite to the live streams But I just enjoy so much doing this myself because I can get into my niche and my zone Whereas last week with matty, I've got to kind of balance the thread And allow matt to kind of get into his zone a little bit He dropped some nuggets last week for the betterment to the community. No doubt about that Right. Very cool So true they play us. This is my feeling. I'm not a cynic You know, I'm not one of those dunes day prepper I just observe what it is that I observe. Where do you think your money goes when it goes into a bank? Do you think your pile or your number sits there physically in a pile for you ready to go withdraw it? Wake up Take advantage of technology now. Take advantage of your direct access to the markets Okay, if you have a connection in some way You can direct yourself connect yourself and prove to yourself What I've proved to myself many many moons ago, right? If I hadn't had the power of stock market investing, I'd still be stuck in that rut Working a blue collar salary that I do enjoy very very much But that I do for other reasons. Okay I I do that because I'm passionate about it. I love my job. I love waking up I love going and serving. I love contributing to the cause and the mission. I love working with my crew I love working so hard sometimes that my tongue's hanging outside my mouth But it's the very addiction to the feeling that you have after a project completion That that you get addicted to that's the beauty of it. And I think sometimes people really miss that element of Finding that true passion in your life. Okay, you can have multiple passions Trust me. I do my passion for my profession has nothing to do with my passion for my wife. Trust me Trust me on that. All right My passion and an affinity for investing has really nothing to do with my other categories passion for music playing guitar Passion for exercise physical fitness a passion to pursue a better dietary regime, right? And that type of thing. Okay Lots of nuggets lots of nuggets. I'm throwing chicken McNuggets out tonight It's awesome. I hope you're hungry. It's good We got just going on 10 minutes and I'm cruising this thread is just enormous I wish I could go two hours tonight because I could cover this entire thread You think the fed doesn't want to say taper because they know the market will go down. Yep Yep Yep Nothing of what pal says the market likes anytime he opens his trap the market goes down So I yeah, I'm I'm a little bit um a little bit hesitant on this market I know there's people in the thread that don't like when I say that That's fine. I've adjusted accordingly. I do have a nice healthy cash balance That's me if you heard me maybe that's an element of your strategy you want to deploy Remember as a self-directed investor you answer to nobody except yourself a lot of people are scared by the prospects of that In other words, they need to be marshaled by somebody in a suit and a tie that looks really really good That has a fake plant in the oak desk Etc. Etc. And everything's really really clean and they can give you a pig for swag Right, they feel better when they're on that team. Okay like that Manager is behind the scenes like the Wizard of Oz pulling different levers working the portfolio all the time Wake up Wake up You think you're given a strategic advantage by following a program like that Pull thy head out of thy ass You'll be so much happier you did and you will in fact render yourself Uh eligible for empowerment. It's a lovely thing But if you want to live your life in the dark with regard to this With regard to this i'm not here to judge but with regard to this element. I'm right Wake up Wake up You got to do it man. You got to do it. It's right there for the calling. It's very simple. All right I'm going to cruise through and try to cherry pick a little bit. Okay Uh, this is tesla. Am I crazy to hold tesla for the next 10 years? um Tesla is interesting They're really going aggressive at making the the money and they're really buying into they're very very i've never seen a stock That's so accepted by the market no matter what they do Right. Um, I've owned tesla before i've made money Owning it for 10 years. I would say that if you're going to do something Perhaps maybe controlling it with some scale might work for you In other words, if you have your life savings in tesla I might want to Maybe control that a little bit by a couple shares, right? It's not going to hurt you if you it's relative to the total portfolio To answer that question for any investor out there whether or not an investment in tesla or invidia or johnson and johnson Works for you. Okay tesla is just a singular company out there and it is an option One of the top 10 offerings in the smp 500. So if you're buying vo you own tesla Okay, something to think about. All right My first live pleased to meet since 2019 the spider portfolio learned so much from your message Very cool. Gus really appreciate it. That's the whole point. You know, um, you're not going to get it all But the idea is maybe that we strike on a vein a motivation a little bit and uh, you know I want that motivation or that spark and fire to start something for you Right and so you can kind of validate have some successes have some failures, too Because you will i'm not here to promise you, you know riches in the stock market. That's silly You're going to go up. You're going to go down like tony robbins says life isn't a straight line You're going to go around and zigzag around and regress and come back and come around and hopefully you're going up into the right All right, that's the whole idea And I think uh stock market investing can really accelerate that in a lot of capacities And and I think the the contrary strategy is to try to save yourself the wealth Which I think is probably more insane than trying to invest anyway, right? So pick your poison Right. You only have one life. I want to live this life going hard Mm-hmm go hard Yeah, be edgy challenge Be pissed off. That's your thing Use others for motivation One of my favorite icons michael jordan did the very same thing Didn't know this until I watched the last dance to know Really how much how much drive existed in that individual you have drive, okay? You don't have to be a professional basketball player, but what do you what drives you? What what what is that spark inside that makes you want to get ahead? Okay, I would contend that it's there. You just got to find it And um, you know if you get a little bit from the message to help you find that spark or others do it man All I care about is you guys find yourself in a place now making decisions It's going to put you in a place later on in life Right a better place later on in life and that you reflect back on the decisions that you make now And you're in a better place later That's the beauty of it. Do I believe in telling the future? No, but do I believe that the decisions that are making now are going to affect Our mindset later. Are they going to impact the level of regret? Or or reflection that we have later on in life I'll leave that to you. Okay Very cool stuff Adding to vti vti has just been a killer qqqs been a killer. I did roll out of the premiums I did not disclose in the Palantir trade no big deal. That was I did I think $500 bill of premium. I took it. Um, I I basically just um I sold to close the position of 500 shares Okay, I had some leaps drawn up on it Um to shore up some risk. I went ahead and sold them and took the $500 bill off the table. That's what I did Alrighty very cool tesla question mark. Everybody's ripping at tesla. I shot out to bret very nice to see my friend Very cool. Sorry for the shot out so close. I won't even get halfway through this thread It's very very cool that the folks that are in here and devoted to the live stream There's 52 of you. Could you imagine being in a small conference room of 52 people? Could you imagine if we were all in the room together talking about stock and throwing out ideas pretty special No doubt about it. I don't underscore the um the the beauty of that I don't empower one investor at a time. See one just left. They're already empowered. They're leaving They're like i'm out of here. Oh man, this guy's got me on fire, man I'm ready to start right now somebody just came in for the first time and they're like who the hell is this guy Stick around man. This is good stuff Proud of you ryan for getting off the coffee. Yeah, yeah, yeah, sure You know, I was afraid of that headache, you know, because I tried a couple times and I was like man But the green tea has actually helped. I have the green tea and this as a supplement And it helps I haven't had a headache at all. So it's great and thank you. I really appreciate that I like coffee. I think it's wonderful. I actually think it's healthy I just think the caffeine and the addiction not so much, right? So I figured what the hell I give it a try And see how I feel now. It's the feeling that that not the act of drinking coffee, right that I'm really doing away with It's it's it's the byproduct. Okay. It's the renderings from a well-laid plan See what I mean This can apply to a lot of different things, right and killer week in the markets. Yeah, it was good. It was good It was good. It is what it is I hope it was good for you guys too. That's a Lutli Mm-hmm. Mm-hmm. I have a broker's account with 20 nice most in vti. That's great But I want to make sure the 1000 I have and Tesla isn't No, no, certainly and I'm not here to judge, right? And that's what I mean by putting some scale into the Into the position, right? So a thousand to share in a third of tesla right in there I like it. I think it's great. You know the young community. They love tesla. I don't I don't I really don't I I really think it's it's um No, I think there's there's a lot of hype And and I know there's tesla folks out there that would just hate me up and down for saying that but I I think there's a lot of buy-in to a feudal industry in that the the level of pollution that a lithium battery battery provides And the very shortage of lithium in the first place really kind of gives a double whammy To tesla down the line. Okay. We don't have enough to charge 10 percent in this country And and we're proposing to go to 50. It's a pipe dream. It's a pipe dream. It's not in other words It's not in reality and I like to think that most of my life is rooted like f and rooted in reality Okay, it's not reality. It's a nice pipe dream. It's lovely. It's not going to happen Right where are those batteries going to end up in the landfill someday these lithium batteries? They're more pollutive than anything So we're saving the environment to put electricity to a grid that doesn't exist All right being powered by nuclear now you want to talk nuclear. I'm good, but that's not how it happens These are coal driven, right coal fired plants that are Supposed to be built out to power the grid non-existent again a pipe dream, but There's just not enough. There is no infrastructure with hydrogen fuel cell none. That's why I'm so bullish on highly on If they ever realize that dream 10 15 20 years, I don't think it'll ever come to fruition That's my that's my thesis I you know, I think down the line perhaps maybe in specific applications, but I don't think diesel's going away I don't think c and g is going away I don't think r and g is going away and I do think there will be a place for electric vehicles And I do think that there will be a place for those in each strategic application It's just my thought on the issue. Okay Very cool. Thank god, you don't have chinese stocks. Thanks. Ah, right in the side. Yeah, that ollie babitrade is killing me Not good. Won't do it again. Won't do it again. Yeah, I'm off that. No way. I'll win with domestic Stocks where I actually own the stock, right the regime of china doesn't own my stocks I won't do it again. I'm out. I'm out. No more. I don't care how Predictable it is. I don't care how good it is. I don't care how much they make. I don't care You don't own the stock. That's that's the problem. Yeah, whereas here. I've got regulations that back me up I won't do it again. No way And I got phenom in the house. Very very cool. Really appreciate it. Um, sorry for the cuss words. Sorry It just comes off the cuff and I do that to prove a point. I'm sorry Please forgive me It's awesome to see you my friend. Thank you That's true that in here would go I'm going to get through as many as I can Slow and steady wins the race you bet I'm going to stay a little over I know the gents usually pop in here and but I I am going to take 15 minutes as well And just continue on because I'm kind of on a roll tonight and I think there's value in that So if you're 50 strong and you're looking at the clock and you're Chipping out here. I'm cruising down this thread here And I want to make sure that I get to all of these tonight It irritates me because I scroll through later on and I find out that I don't get to a lot of them Wisdom, yeah, I guess I guess so, you know, I really don't like to put A whole lot of the ideas that I bring to the table on a pedestal I think a lot of them are very very commonplace. I think they're very very They're easy to deploy If you consider them special I would say that they're special in so far as their ability to change lives If we're changing lives Fantastic, then I'll deem it wisdom and just because I'm the one delivering again doesn't make me any special I think it's in the transaction of the knowledge That is special in that it has an impact on people in a positive way that that I will agree with. Okay very cool stuff Making 20 bucks a month 20 20 bucks a month in passive in new sea and ps ec looking forward to one day of being 2000 or more andres fantastic man. Thank you for for sharing that. That's awesome Very cool stuff. My whole time in service never drank coffee. Now. It's a desk job coffee is Very cool. Well, you got to Admit to your shortcomings, I guess right And becky for you the shot out tonight for sure very cool It's great to see you Just an absolute sweetheart great ambassador of the channel. I hope all is well with you Very very cool. I'm cruising down very very cool Very good Sorry if you talked about this. I would love to hear your thoughts on alibaba. I just gave them I won't do this again. I think it's an earnings machine, but I've owned really good fundamentally sound companies in China before I've owned JD calm alibaba. I've made good money with here. It seems to be oversold But I owned 25 shares. It's a pretty big position and it's kind of disheartening to see it kind of Have the floor fallen out on it. It's a very very strong great company. No doubt about it It's just the ownership structure that I have a problem with And that really is where I draw the line In just going ahead and opting for an amazon in this dead, you know jd.com is another strong one But it's the same thing. I I'm not going to be subject to the Chinese market There's too much good here to be had and that's really where my focus would be and I could be wrong Right, it could be a huge buy here if it goes up I benefit if it continues to go down I'll continue to hold right, but I am a shareholder in alibaba I'm very bullish on the company The problem is the sentiment surrounding the stock right now is exacerbating the sell-off Okay Very cool random dude says preach. It's great to see you random. It's a hell of a thumbnail. It's awesome Appreciate you Very good Thousand plus shares. That's a good position man. Congratulations. I I I don't I don't see any more value as I Peruse the landscape Company's fantastic. There's a severe disconnect between the stock and the company Progress that's being made connections that are being made. It's insane. It's insane Super super stoked to be part of this company Where the stock price is right now? I I could try to make some stuff up to sound really cool through youtube. It means nothing It means nothing Eventually eventually the stock will align with the value that's going on And we'll start to account with the value proposition that they are building upon now Yeah, it's just disconnected right now. That's just what's going on. Okay Most people who cover this company in Some some detail that they agree with me on this. It's an exciting company to be part of it really is It's really exciting. They're on the right niche. RNG is the right way Org you with me up and down So how the test was the right way electric grid blah blah blah, you know Take your Tesla up into the snow I don't know is how's it do? I'll race you. I'll take my trd my Tacoma four-wheel drive. Yeah, follow me You know it takes somebody who's 300 pounds and put them in a tesla. How do they like it? I don't mean that to bash tesla. I'm just saying that it's almost like a A consumer discretionary item in that people are fickle about their vehicles, you know I won't buy a ford, but I'll buy a Toyota right. I just would not buy one And and to think somehow that tesla is going to be that one electric vehicle out there That people just have to have and they're going to not buy that ford f 150 raptor Or that large four-wheel drive truck. Why because there's a use case for it in other words, there's going to be people out there a market for the tesla because They're be bopping up and down the freeway, which is wonderful for that application Right, but they they don't run a construction crew. They're not putting tools in the back of the model c or the model s They're not doing that. Okay, so there's a use case for it But I think it's such a niche market that I think people lose track of the fact of why people buy a vehicle in the first place Right so they can have have extra room SUVs are the biggest sellers in this country because us americans we like space Okay, and again, I've seen some very very big mammals in this country That are going to opt for a larger truck Over my toyota Tacoma because the cab size is is a little bit small, right? So they're going to opt for that larger Uh dodge truck. They're going to opt for that. Uh Chevy Silverado, right? And that's just a a discretionary choice that a lot of people will come with that's where I think tesla really misses the ball But there's so much hyping euphoria over the stock right now that I think a lot of that realistic Application gets missed. I really do. I mean I just again I you know, it's it's just not one of those things. I I understand. I just don't understand it. That's why Yeah, and what delta you do typically gets selling options Uh, that's a good question. That's a good question. I'm not the option expert So if you tell me what you mean by that that would be that would be lovely and I think I probably am I'm a little bit disappointed in meryl as as a trading application I heard that robin hood is actually pretty good for options, but um thinkorswim With tb and merit trade is actually better for options. So I struggle a little bit In that data on when you buy when you sell it's not my strongest Avenue, I make a ton of money with options. I I don't know how I do it if I don't know what delta is right, so but um, you know, it's one of those things I think it's one of it's it's it's about a year A year and a half that I've been working through options. It'll be a lifetime Devotion of getting to understand when and where It really clicked for me to where I was comfortable enough with entering into my first options trade about a year ago And I'm slowly learning the game, right? So when I talk about the role when you had asked me what that was and where to use it And I wouldn't have known the first thing that you're talking about But I wish I could answer you chase. Thank you for the question. It's awesome I will actually take that as a delta No pun intended And and do a little homework on that. Thank you. I appreciate it. There's a lot of vti fans in the house That's awesome. It's really awesome This is one of those holdings that I want in my taxable brokerage account and I want a lot in there okay so I'm kind of looking for this highly on trade To really get me into that category of some real discretionary cash And it'll get there. I'm willing to wait the stock out and then segue some of those House profits into that opportunity for myself. Okay We're going to go ahead and continue for 10 more minutes I know the guys are probably fired up on the other channel guys are welcome to kick over there if you want to But I I I kind of I kind of want to keep going. This is my this is my juice, baby I'm fired up. I get into this groove and I've been used to doing two hour live streams previously On the on the so 60 minutes is actually goes really fast for me So I got one in the house. Very cool. You're out of control. Bob right. He is he's a wild man He's freaking wild man. No doubt spy is good. Absolutely. It's great great smp 500 Offering it's very very good. IVV is another good one comparable to voo. I like it It's just a another similar product to gain exposure to the smp. I like it. I think it's great And it's great. I appreciate you marlin offer and that because there are other opportunities out there If you like one over the other, that's great. I just prefer the vanguard option. Mm-hmm. It's good really good discussion Thank you. All right. We need more videos brent. Come on brent. Let's go You got my audience on my live stream asking for videos from you That's very cool And lydia says hello, it's great to see you. Sorry you get the shout out in overtime here We're in extra innings lydia tonight. I'm just feeling Really really saucy. I just love this project man. I really do it. I hope that I hope that love for the project resonates I really do. Um, this is not a moneymaker for me. I don't I don't I don't make money doing this I just enjoy it. It's the heart of the independent investor channel live stream I think it gives investors the best opportunity to get to know me Maybe look at how I seek exposure not to say. Hey, I'm going to deploy the same way But really resonate with some of the fundamentals that I talk about roll out on the channel It's great to see you great to see you. Hope everything's great in the in the great state of california, man Very cool stuff All right Very cool buy and hold i'm cruising down through Uh, random dude says, uh, love you love you ryan fantastic. Well, I love you too, man I got a lot of love to go around no doubt about it. I'm an independent investor. You are certainly if you're Deploying a strategy for yourself and you're doing it for the right reasons, right lower or eliminate those fees in the portfolio Really understanding that the strategic advantage by doing so really is put on your side Rather than buying into the idea that the strategic advantage comes from Putting your dollars to work in a much larger financial institution. I just don't get it There's books written on this That somehow the value is there for when the market is going down and you pick up the phone and you're panicking your Ass off and they tell you stay long that that's somehow worth the fee that you pay to them You tune into me I'll tell you to stay long shake your head around a little bit and be like leave it alone You're good if you can just tell yourself that i'm going to enter into this program And nothing is going to shake me off of it. Why because I have this passion. I have this challenge of the status quo I have this understanding That this gives me the best chance right to keep dollars on my side to eliminate the middleman This is why we independently invest it is And if you hold true and steadfast to the fundamentals of investing You're not going to see renderings from day to day, but over the long term you're going to be like wow This is incredible The scarier question is would I be in this boat right now if I had Put my offerings with the services of the financial planning institution And there's efforts to really discredit the retail investing community And that's to get you on those tangents that have a low probability of success Why so you go back and crawl back to the institutions that exist There to consume your money because they've exhausted all hope for you in doing it on your own Okay, I'm here to tell you that the common thread across all independent investors is to seek out the dow 30 The top offerings in the s and p if not the entire kit and caboodle And then look at the achievers the aristocrats and the king's list outside of that. How much more do you need? Okay, and in different forms or fashions and different elements of taking those very products in the stock market Okay, there's no hybrid stock market. There's just the big leagues That is the stock market that they take and formulate Put in a product put a bow on it and look to sell it to you in many many different capacities Many many different capacities to sell To the end user and I contend that if you can avoid some of that stuff and go right for the heart Go right for the ownership of the single stock Specifically it definitely has its place and has its place for a lot of would-be investors. All right So very very cool charge point again to my thesis about not getting too overweight I did own charge point before and I made really good money. I did But right now stocks Spacks specifically have just gotten crushed and it would have been a crapshoot to pick the right ones. I mean You know tattooed chef that's worth more than highly on right now And I just don't get it highly on is one of the most beat down and I think it's one of the best value propositions So go figure. It would have taken a lot to pick the right one So I want to really keep that in scale. I'm in Matterport right now. I really like it So Matterport highly on some wish Contracts is really where I am and owning the shares outright in sofi, which has also gotten crushed So this is awesome, right? You invest in these solid companies after a lot of due diligence and then you get crushed And it's like it just speaks to my conviction that a lot of people too many people And even sometimes myself get subject to that side tracking Of a good value and a good passive program really does I mean, what are you looking to do on this gig? Are you looking to just win win win until eventually you hit that dud? It really goes down big and really damages the portfolio Or should you just step back and say, you know what I get it? I don't want to do that Nobody is smart enough to pick the stock market Why am I trying and I know we all somewhat deviate from that and I know we all in some capacity Enter into a single stock type of realm I know I do it right now my portfolio suffering for it And that's why I say I'm kind of in this flux of reevaluating My own personal progress and my own personal application because Why what gives what am I trying to prove not trying to prove anything to you? I'm just trying to be the best investor. I can be is it working Sometimes the critical evaluation and the answers to those questions pretty scary. Yeah, yeah All right cruise almost all the way to the bottom here. I just want to get to the bottom very cool Very cool. You guys got a heck of a discussion going on here He says Kenny says to stay long Kenny's a great investor too. I I am there. I am staying long on the on the name It's just discouraging to see You know, um, I've invested in Alibaba much smaller usually 10 share blocks And I went big when it dipped 20 200 and uh, you know, it got skinned And that's unfortunate to happen when that you know when that when that happens, but I agree with you I am I am holding long on it. It fits a nice strategic niche in the portfolio. So I'm okay to hold it I appreciate that Kenny. Thank you Last comment great content is always Tesla is a great company. However, I think it's too risky to invest in That's a great comment. Um, I think it's a fascinating company Right, and I think that might be what you meant my definition of fascinating is maybe a little different than you I think Apple computers is a great company. I don't know if I would put Tesla in that category just yet I think microsoft I think johnson and johnson. I think those are great companies. Okay I wouldn't dub tesla that intriguing fascinating Most definitely, um, if it can make you money, right? This is the stock market game, baby You know, and there's nothing prohibiting you in a direct capacity or through a passive etf either a growth Etf you're going to own tesla in that And um at the end of the day a bottom line is money and I want that Success rendered for all investors out there guys. So really appreciate you joining into the live stream tonight, man It was riveting with a bonus 15 minutes tonight for you guys Really appreciate it guys. Stay healthy. Stay positive Stay stay hungry. Stay challenging the status quo. The whole purpose tonight was to Challenge that coming out of the out of the dark I think the challenge for most people is even identifying whether or not they are even in the dark Or not guys. So appreciate you. We'll be back next friday in the independence investor channel live stream Thank you so much for joining in be well. We'll catch you next week