 Once again boys and girls and children from all ages you're now tuned in to the Prince of Investment coming to you guys and girls live all the way from a beautiful city and state of Denver, Colorado via a beautiful city and state of Hollywood, Hawaii Don't forget that like strike comment share button and it's always I don't have a lot of time And I definitely you guys and girls don't have a thought a lot of time. So let's jump straight into it Whoo investing in is very uncertain time Tell me about it a lot of things are going on right now the market not even the market but in the world You know one day we have a pandemic going on the next day. We have civil unrest going on You know, we have all type looks like it 2020 I don't know I was definitely expecting much more and much better out of 2020 But it's definitely been a trying time for the economy and we're halfway through the year I can't believe we have blazed halfway through the year in these uncertain times So not firstly we get hit with a pandemic there pretty much we had to take our own economy off the tracks Then secondly we walked straight into the last week or two rights all over the country followed by a presidential election Followed by unemployment being at an all-time high companies are closing down Businesses are falling for bankruptcy and you're wondering man. What is going on? But slowly guess what's been happening What's been happening slowly ladies gentlemen the market has slowly been rebounding is it really rebounding is it really real What's going on Prince? I'm looking to invest. What should I invest in? Should I stay on the sideline? Should I put my money in now? What should I do? How do I look at everything some people are saying Prince? I don't know what it do So that's what I'm doing. I'm doing nothing You know, I'm just waiting right do you have some people saying hey, you know what I want to buy I think it's a great opportunity Now with all that being said As we look at the world of finances and investing today's topic, we're going to go through five Categories five categories of what to follow in uncertain times and how to invest in uncertain times And I want to remind you guys and girls. This is some This is just only my opinion and back there was some facts some facts And there's some of my opinion to kind of give you something to make you think I'm just here to make you think and look at things in a different way First of all, I want to go to Warren Buffett's Recent Berkshire Hathaway meeting when he said never better against America Prince while you're talking about never better against America because he said that hey this country has been through a lot of dark times We've had civil wars. We have revolutions We even had the White House burned the war of 1812. We even had great depressions market booms market bust We had 9-11 Domestic terrorist attacks from 9-11. We have seen a lot slavery to We had we had our slavery to everything. I just can't name, you know, all the history lessons But pretty much that's one of the things that he hit inside of his speech and he spoke to his speech He spoke about we went through all these dark times. We had Republicans. We had Democrats We had world wars. We had all this stuff going on But guess what America has some type of magic to make it through and it still does have that magic So he said what all is going on even the darkest hour We're still gonna win So a winner a winner has a winning mentality and they think about how they're gonna win a loser It's trying to figure if they're gonna win. So first of all, let's pull your winning hand and let's jump into these five things First thing number one. So I'm not tell you guys and girls. Why is the market moving? Why is the market moving? The market is moving due to money flowing in Some people are saying print. I think that you are just People are way too optimistic. People have a fear messing out. This is why the market is going up Yeah, a bunch of people sitting at home with stimulus checks I don't think that's enough to move the market, right? Well, big money moves when hedge funds when hedge funds and mutual funds and the government when the government when the government issues $2.3 trillion stimulus package, those are things that move the market Follow the money. What do you mean by follow the money Prince? Think about it When we see the 13s, we won't know what companies are doing right now until August. What does that mean? January February and March January February and March is the first quarter. We didn't see what hedge funds were doing until May January February March 45 days after the quarter we get the 13 f report we get 13 f report That tells us what the company did in the first quarter great That was January February of March. What are companies going to do in April May, June? What are companies doing in the second quarter April May of June? We won't figure out until 45 days after the end of the quarter, which is about August We won't know what companies are really doing right now until August. Why is that important Prince right now? You could have big money flowing into the market and you not know about it The only time you hear about a big company doing something and let's say on 10% or more the company Right and some other stipulations that are there But in most cases you really won't know what's going on who's pushing the company or whatnot Then you had a federal reserve who's also pumping money to you know, stimulate the economy itself So you really don't know what's going on. What's really real? What's going on right now with the economy now the downside to that is You really it's hard to try to follow the money how I know when money's flowing in and out the market when I see the market Rebounding we're at 26,000 points on the Dow Jones as I'm speaking today. Our low so far has been March I think it was March 20th when it hit 18,000 So now you've seen the market slowly roll up as people and it doesn't make sense You're like wow people are marching in the streets. We got civil unrest. We got high unemployment We got companies that don't know when they're reopening and yet and still the economy stills going up. What does that mean? That's all right, ladies and gentlemen That means that money is flowing some type of way whether money is flowing with the government where there's money is flowing with The government big banks whatever it is money is flowing into the market And we really won't be able to see who that big money is or what that big money is until August of you know To suit the second quarter is doing so the first thing is follow the money Another reason why I tell you to follow the money who remember the airline stocks Remember the airline stocks took a big beating still taking a beating when they all fell down you talking about Southwest American Southwest American Delta you name it the whole travel industry for obvious reasons, you know travel bands Nobody's really traveling airports are like little ghost towns now. So with this sharp Fall in demand and travel guess what all the airline stocks pretty much went on a premium sale But I knew I said well, I think some companies are gonna go out of business some some of these airline companies are gonna file But for bankruptcy, I don't know so then what happened I can't remember the date and time but guess what the government stepped in and came in with the bell out He comes he comes to Fed comes in with a big stimulus check They came in with a big stimulus check and stimulated the economy when they stimulated the economy That gave companies like Southwest Airlines Delta enough money to get over until September They gave them bail out bail out money. They also stopped paying dividends So the company stopped paying dividends Plus a received bailout money and now everybody's optimistic that economy will be opening up soon Because out of the blue once we had the civil unrest and the country started to burn Guess what happened everybody kind of forgot about the pandemic that was going on So now it's gonna lead to a whole bunch of more people getting sick or people gonna be like, hold on Wait, I'm tired of wearing this mask and the economy starts to open up people are starting to go back to work Sports are talking about coming back on next month or whatever That's gonna put more people in the air more people start to fly all those other great things now the other plus side to that is You're sitting big intake uptake 50% gains in an airline industry in general when you look at the ETF jets The ETF jets has gone up 50% in the last 30 days. Yes, ladies and gentlemen It has gone from like $12 all the way up to $19 in the last 30 days due to a lot of that was started off of The stimulus package then we've seen a big drop back in the airline industry from Warren Buffett Right once he decided to pull out an airline industry Guess what the whole airline industry started to drop in a major way and I got a little scared there But I'm gonna invest into Southwest Airlines. I held on to it and as of the day you have a very strong day Very strong week and things like that, right? So Prince why you bringing up airlines? You're not talking about this. Ladies and gentlemen Why did I make an investment to the airline industry because I told everybody straight up? I said, hey listen, the government is backing the government is backing the airline industry It is backing Southwest Airlines. It issue warranties Something like to don't quote me on this but it was like something about 2.6 million shares and warranties that the federal government could buy Southwest Airlines for like 36 bucks, right? That's what the government did So now the government had a dog in a fight for Southwest Airlines to do better He had a dog in a fight for Delta Airlines to reach over. I think it was like 24 25 bucks Guess what miraculously both of those companies are over those prices Because I was following the money. I had never hit an airline stock before Airlines are very thin profits. They wasn't the best business model, but guess what? When I noticed their backing, that's when I jumped in. That's why I said follow the money Oh, wow, the government is putting money behind these come Put behind these companies. Those are mistakes. I made in 2008 2008 I thought man is about to get worse 2009. It did get a little worse the summer 2009 It was kind of rebounding us. I don't believe it 2010 came along man. I don't believe it 2011 coming on. I don't know. Are we coming back? Some people optimist and some people wasn't 2012 came along I don't know. It's still going up. We still have all these other stuff. We're trying to shake off You know 2013 came along. They were like, oh, well, we're looking into the election A lot of people didn't believe I want to say at least we had the longest running bull ever Which was about 10 11 years and majority of people didn't believe it was a bull market until about 2016 Most people did not believe it was a bull market even though we was pulling out all the numbers were going up People didn't feel like we should have been pulling out. So guess what? They got too smart for their own good, but we're gonna talk about that later. So follow the money I say all of that number one follow the money number two kind of ties in the number one pay attention to monetary policies Pay attention to monetary policies Prince why monetary policy so important What is the government putting their money behind? Who is the government better known? I'm not saying it's a great thing. I'm not saying that The government should take over small companies. That's not what I'm saying, but I'm looking at and saying, hey, you know what? Let's say if Let's say your job say if your boss loves a particular individual and you think the individual is not that well You're like, you know, I don't know why my boss loves this guy, but this guy is horrible But guess what it doesn't matter if the boss like him The boss is gonna find a way to promote him and make him better than what everybody else thinks He is and you're looking at a person like wow, how do they get to that position? You don't know why quit trying to make sense of things and watch who's back in him Who is back in this person? What monetary policies are gonna benefit? What did I tell you ladies and gentlemen? It's gonna go back into my second example What did I tell you ladies and gentlemen is about Bank of America who remembers Bank of America? Who remembers it anybody out there remember what I said about Bank of America? Why did I buy Bank of America who remembers what PPP is called? PPP to pay the payroll protection plan when the government issue that trillion like five hundred billion dollars to companies in stress The government when you went to go file for that PPP loan the government was not the Department of Treasury was not the government body the government body was like companies like Bank of America So I said wait, so the government is gonna give money to Bank of America to lend out to Businesses in distress and they're gonna have to pay it back at 3% hmm Bank of America since she's gonna make money off of nothing Right, that's why I invested into Bank of America who remembers that episode I said who's really gonna who's really gonna benefit from the government bailout Everybody kept saying oh no Prince. Oh, no, it's not gonna be this particular company because It's not gonna be this company of that company because of what's going on and I told you ladies and gentlemen Hey, let's not pay attention. Let's look at the monetary policies that were passed and the monetary policies Benefitted Bank of America. So you've got to pay attention to monetary policy. Where is the government taking this money? Where's the federal government put in this money? So now number one, what did I say follow the money? It's money coming in the market or out of the market is money moving in the market I've said the stock market is going up money is moving into the market, but Prince that doesn't make sense Now you have to look at monetary policy what policies were passed everybody said Prince Bank of America What do you mean? Bank of America hasn't done extremely well, but it has been profitable But ladies and gentlemen We talked about number one follow the money number two monetary policy Now we're gonna get into steps three and four That's gonna make all this makes sense and it'll show you how to invest into an uncertain time So we're gonna take a quick break We're gonna take a break right here and we come back We're gonna finish up and give you a following steps to show you about investing in these hard and uncertain times Aloha, I'm Kisha King host of crossroads and learning on think tech Hawaii on Crossroads and learning our guests and I discuss all aspects of education here in Hawaii and throughout the country You can join us for stimulating conversations to enrich and live in and educate We are streams live on think tech bi-weekly at 4 p.m. On Mondays Thanks so much for watching our show. We look forward to seeing you then Aloha You're so smart To you don't that's what my dad used to always tell me Around to shout out to my dad. I had a great dad by the way. I was lucky enough. You say Prince. You're so smart to your dome And I remember one of my first trip to Wall Street. I met James Uncle James James Fulton. He said Prince The less you know about investing the better so what I'm making sense. That's why my investing I want to make doesn't make sense. What are you telling me the less? I know about investing the Better now before the break we talked about two things we talked about following the money and we also talked about monetary policies Now, let's get into number three Don't be don't outsmart yourself or don't be too smart. What does that mean Prince? Sometimes we look at all the things in our face and we say man, this doesn't make sense You know, this doesn't make sense. We like we look at unemployment. We're looking at man people are unemployed Also companies are filing for bankruptcy stores and all the way back open We got civil unrest Followed by a pandemic followed by a presidential election followed by people are sitting at home Nobody even knows what's going to happen tomorrow. So guess what we do? We put our money on the sideline You're so smart to sometimes you're dumb What do you mean by that Prince? Sometimes with what you know, you know so much But you can't process anything your vision becomes so clouded to what you can't even do the simple things For prime example, I was on the phone with a buddy other day. He said Prince I remember in 20. I think it was probably like 2016 or 17. All I did was Told him to purchase the SPY He purchased the SPY for 200 bucks. He said Prince I'm up over a hundred percent on that today because the SPY is like, I don't know I think he brought up like 150 bucks and I was over 300 bucks something like that. I know he was up a hundred percent And he said Prince, I brought it and I forgot about it But in the meanwhile, I've been trading a lot of stocks. I've been trading a lot of I've been trading a lot of stocks I've been trading a lot of mutual funds I've been doing all this other stuff and he said, you know what know what I know now I should just put my money to SPY Because in the meanwhile, yes, I made a lot of money do option trading But I also lost more than I made option trading So and I was day trading and when I was day trading, I lost so much more money So what I could have done if I didn't try to be this smart and try to outsmart the market. I could have just made Double my money had I just put it, you know, just put majority to my money into the SPY So guess what? That's what a person who don't know that much They would just go in purchase the index forget about it. Sometimes you're getting your own way You're so smart to get down So you can't even think about doing the simple things about hey dollar cost averaging. How about I put a little money in every month? I know the economy ain't perfect. I know the economy never be perfect Political would never be perfect monetarily would never be perfect, but you never forget about the long-term goal So number three Don't try to be so smart Don't try to be too smart Understand where you're going and it ties in the number four Number four the bull always wins. We always know the bull market will always dominate the market in the long run You know this we know the bull will win We know there will be down times when the bad market comes in the bad market is the down economy is going to come in But guess what the bull market over the long term will win That's what you have to think about ladies gentlemen The bull market will win over the long term not the bear So when you're going around looking for the bear hating on the bear and think about it Our minds are already negative So we're wondering and we're looking for negative things to happen and once we see how you turn on the TV everything They seem to be so bad Unemployment cities on fire. This is going on. This is going on that you lose long-term vision You can't see the tree because of the forest if I'm saying that correct, but you guys are girls What I'm saying understanding the long run the US economy and businesses will win So number one, what did we say we follow the money number two, which what do we say we follow monetary policies number three Don't be too smart Number four the bull would always win number five Build that hit list that target list what's on your hit list target list or sometimes simple as watch list Are you building your watch watch list if the economy was to fall through the floor tomorrow? What companies will you pull the trigger on what companies are you currently watching right now? Are they any companies you're really watching right now? So the reason why is right now you're pilling through finances. You're seeing the good companies who oh wow I like that cyber security company. Oh, wow. I like Facebook. Oh, I like this. I like this company Oh, I want to get some Google. I want to get Apple. I want to get whatever you want to do You bill it and you put it over to the left and you put it over to the side, right? And you slowly are investing at the downturn does happen you buy even more But you never stop investing because you understand this is a long-term long-run game That's what I want you guys and girls to think about right because When you look at a business when you're looking at business We're looking for the long-term these uncertain times All they can do is have dollar cost average if you're a long-term investor Don't even look at what's happening today stick to your guns stick to your plans because guess what ladies and gentlemen When it's a bear market, what creates a bear market fear? Why won't you invest today because of fear? Notice nobody is saying if the market will return nobody's using if Everybody's thinking about when the Dow Jones at 26 26,000 as of the day of this recording The all-time high was 29,500 Nobody's questioning it that we're going to hit 30,000 nobody's questioning that the question is when so if you invest today The market went back down to 18,000 guess what you know You're gonna cross over 30,000 in the future which is money for what you're making ladies and gentlemen So don't try to be too smart follow the money. Why is the market continuously going up? I don't know who's doing it. It's a stop market rig You bet your bottom dollar is anywhere. There's money. There's some type of manipulation So guess what ladies and gentlemen all the money all the monetary policy Don't try to be too smart Also know the bull will always win What's on your hit list? What are you gonna hit? What's on your target list? Why is it on your target list? Right and spread yourself out. Don't put the same companies on your list. I'm guilty. I'm guilty I'm guilty. I have Microsoft and I have Apple and their brothers and sisters They're right in the same industry, but it's something about I just gotta have both. I should actually invest in the one I'm over. I'm over investing to the technology field because of Microsoft and Apple One of the simplest things you can do you can buy the Maga not make America great again We're talking about Maga Microsoft Apple Google Amazon. Those are the top 4 trillion dollar companies or used to be They should be right now or in the economy You buy those companies when the hard times come the little companies are probably gonna disappear But not the big companies. So you're staying on topic. You're staying right on code. You're not realizing you're not pandering what's happening today. You remember all the money follow monetary policy Don't be too smart Know the bull market will always win in the long run the market will go up in the long run Yes, we're gonna have a presidential election. No, this is not going to be the last riot in cities on fire It's gonna happen again. Also for the next time. Why is it gonna happen? Who knows? But history has taught that has had this is not the first time What will happen? Also, what's on your hit list and look at opportunity costs? How much is it costing you by putting your money on the sideline? Did you miss that bull that just ran up? Did you miss the bull that just ran up because you was waiting for the perfect time? There's never a perfect time Right, so right now they're uncertain time uncertain times and these uncertain times. What do you do? follow the money Follow the money policies Don't try to outsmart the market know the bull market would always win Stay loyal till you hit list Ladies and gentlemen, that's gonna be my time for today. My name is Prince Dykes. This is the Prince of Investment Until the next video podcast cartoon or whatever else crazy you see me do around the globe Peace be safe. I'm out and thank you