 And welcome to the independent investor channel live stream My name is Ryan welcome to the channel to all the devote subscribers to the channel, especially for the Long-standing subscribers to the channel those that have been with the independent investor channel Maybe potentially deploying some of the strategies that we talk about have Foot stomped for many many years those that have been with a message for greater than one year Stand up and have yourself called for I really appreciate the You know the devotion to the channel. I know sometimes maybe I feel a little redundant on talking about Value investing and passive investing and where to allocate your money and what those specific accounts may look like But it's the right stuff, man. I Think all too often there are households aplenty In this country and abroad that do not have a good financial handle on their financials And I'm not suggesting that you devote your life to this Passion the way that I have You can tune into the independent investor channel and get that passion Once a week. I enjoy it It's against really all the rules of successful thought and that I'm supposed to be somehow private with my finances I'm not supposed to share success The the problem and the error in that is that I think there's a lot of value for people who can come on and relate with a message Where not possible to be To be introduced to information so easily and conveniently by nature of just tuning in and subscribing to a YouTube channel You can actually walk along the the path and the journey of somebody like myself I take you back when I was in my teens in my 20s and my 30s 40s and and moving on into my 50s I feel phenomenal. I live a fairly modest life. I don't spend like an asshole. That's for sure But investing in and of itself as a priority and I think for those out there that can make personal finance more of a priority Then I presume a lot of people out there don't have it as a priority at all can benefit from that Pay more attention Spend a little bit of time defining What you want out of this very very important to spend a little bit of time and thinking about this and The more you get to a place of an evolved investor the less time you actually spend thinking about this a Lot of portfolio maneuvering this week in particular as the market has just been on freaking fire When the market sucks I come on and I tell you it sucks and There are times in the stock market and in the investing game that we play It sucks and we come on and we can't believe we do this and while you're going through it It's the minutiae of running through quicksand that has you questioning your very existence and why it is that you Participate in this game. Why not just go buy that super sports car that you've always wanted they'll go into debt for it It's all good. It's the American way It's the American way I Shared to Twitter and for those of you guys that do not follow me on Twitter. I Highly encourage you to kick over there and follow me on the X Follow me on the X. I don't get paid any money for the X. So if you act a fool, I will block you Okay, if you start talking trash and start to be an idiot, I will block you because I really don't care I don't have any skin in the game nor do I really care on this thing either We're gonna talk a little bit about The amount of attention that you pay to others as opposed to the attention that you should be paying to yourself Okay, one of the many many philosophies that you can put in your back pocket put in your tool bag Whatever analogy you need to understand that you need to change your thinking and change your Philosophy about how it is that you approach not only personal finance, but life in general, okay? Am I selfish? Sure am I arrogant perhaps The very rule that I break by coming on to youtube and sharing my story is in and of itself very very unique and very much appreciated by those people out there that actually get why I do what I do In sharing what what it is that I do and for those that are making their way to the stock market in 2024 It gives a little vote of confidence to understand where you can put pressure and find some success in stock market investing without having it be some crazy scary unachievable or some Lofty goal that you want to get involved with that you'll never succeed at why? Because you've been told that investing is gambling Fair enough I've invested most of my life We're staring down 600,000 when I started youtube About seven years ago anyway, and I started chronicling my story How was it about 60,000? $60,000 and I knew that I was well beyond What I contend is a very very large milestone for a lot of investors out there In getting 10,000 of invested capital put away And and working for them. Okay, once you get to a stage of accumulated capital It's very very important that you continue to monitor those accounts a lot of vast majority of the account to that passive element so as not to be Forced to go in and actively manage those elements of the portfolio. Okay My vig position, which is the vanguard's dividend appreciation fund I choose to own in my Roth IRA Is just straight kick and ass. Okay Do I do anything with that? No Have I grown that over time? Yes, did I want to allot that as a cornerstone? In that Roth IRA as one of those very very best dividend Appreciation funds vym is the equivalent big brother to That account probably prudent in another space or or spot in my portfolio, but the vig We have just achieved the $50,000 mark in one holding in that particular account This is the financial thresholds that need to be acknowledged We met a few actually in the last couple of weeks passed over the six figure mark in the thrift savings plan for me That was one that I openly conveyed to the group I'll do the portfolio review for you guys's interest and I can kind of see What it is that we're working with again against public Perception that that stuff should be kept private You guys will appreciate that I do not do things the way that others expect me to do them Okay, I do it my way if you don't like my way No problem Go try to find somebody else out there that you can get as good information from me And and maybe you can relate with but but here's the thing I work very very hard to Kick over the stones for you And find those things in stock market investing that truly do work vig works. Okay vig works and It doesn't mean that you take this and trip all over yourself to go and fall into vig what it means is Do a little research on your own try to find a little place in your portfolio for A nice passive vanguard ETF. That is the skeleton key to the lesson Okay, my spouse has vo Vo right now is a 99 share position Don't ask me why it's arbitrary. That's just where we sit right now now, but the s and p 500 Is equally kicking some ass right now. Okay. It is absolutely crushing it Um, how much management and effort do I put on my voo? Well, I wish I could sit here and tell you that I spend all nighters Doing intimate research about the internals of the s and p 500 But that would just be a far Misconstruence of the truth and the truth is I do nothing I do nothing it is a vehicle that is low cost It is uh contained within the tax protection of a Roth IRA and I do nothing to maintain that All I do is sit back like a cheerleader with my Cocktail and lemon wedge right and watch my money work for me while I work. I guess for my money See, that's the funny thing is at this point It really doesn't have a whole hell of a lot to do With the plan that I've put in motion and that has been in motion for many many years Okay, you get to this point where you start to Slowly Watch the snowball go down the hill slowly. All right. I'm waiting for the accelerated pickup of the snowball And we're probably inevitably marching toward that end. I will report out to you guys We'll probably have a few more market downtrends until that uh inevitable million dollar mark And I'll continue to be patient toward it. Why? Why it's because I have a perspective to understand that I'm Healthy happy and financially secure just like I was 20 years ago. Well, maybe not so much as I am now Very much Healthy financially secure far evolved in my career and progression And earmarking some exciting things for the future I would imagine that 20 years from now. I'll reflect back in this time and say man, that was pivotal I I might have done a this this and this but I really don't regret the mental mindset that I brought to the table during that time frame Where I I wasn't quite there But I still stayed hungry You still stay on that course and you still continue to evolve with the portfolio If you if I was able to take a glimpse of my portfolio that I have now which I share openly There's a reason why I do that. I I don't do that to offend I don't do that for any other reason Outside the fact that if I was sitting across the audience from me, I think I would like to see that I would like to see Where this guy puts his money where his mouth is Okay, what type of renderings does he does he does he achieve over the portfolio? Um, are they worth actually coming on and talking about and deliberating around The positions more importantly the philosophies that are put in place to render Those results from those positions in those accounts Etc etc when we break it down fundamentally like that Anybody can come in and really understand that Investing is far from gambling It is one of those exercises that you have to put some concerted effort toward and you have to want to do If you do put those things in a a program for yourself Earlier on in your life than later The better you'll set yourself up for for those exciting times down the line. Okay Happy Friday to each and every one of you guys, but I feel like a lot of people It it's too bad. Excuse me a lot of young people feel like they've got it all figured out I was the same way. So i'm not going to blame you But here's the cool thing about it man. You can glean You would never get to interact with me if you were 18 years old But you can on the independent investor channel You would never get a meeting unless you joined my private group and you reached out to me directly I'm pretty open, but it's amazing. How many people actually take me up on those offers um For those that are interested in getting involved in the stock market 2024. How do they make sense of it? Ryan, do I put all my money in Nvidia? It's just absolutely crushing it It's making people rich blah blah blah blah available blah blah a hoopla Okay You need to approach this with a little bit more discipline and understand I own Nvidia indirectly and probably five or six indirect capacities Even though I don't own the stock outright my conviction plays specifically on the hybrid cloud is is more on looking at Broadcom is probably my top pick in the in the space. I don't own it Taiwan semi-conductors. I do own which is indirectly benefited and finally A contrarian pick that nobody likes and you can throw tomatoes if you can you can throw some digital tomatoes at me if you want is to suggest that International international business machines is probably going to do just crushing over the next couple of years And that is the tried and true ibm the Dow component You know, you can hate me if you'd like But i'm right their acquisition a long forgotten acquisition of red cloud is actually paying off quite significantly and ibm's a sleeper in this while Nvidia is Absolutely crushing it and and getting all the accolades and well deserved. I might suggest It's great for the stock market. Look, I don't have to own Nvidia to get rich Writing off of the coattails of the momentum that a powerhouse like Nvidia $2 trillion market cap Can can present and just owning the passive indexes to start owning the technology ETF to start just a freaking fire A way to play the chip space is f s e l x We just put 3 000 more to work in that lot of strategic maneuvering Some liquidations here which you know the market and all-time high you have the green light which I very rarely turn on On the independent investor channel to do a little bit of maneuvering I had a little bit of tax implication and consideration in on the business side of the house That I took care of this week. I was very happy with that Funded both Roth dire raise that's complete. I usually fund them the first of january And it usually kicks me on the side of the head because I usually come off of a christmas rally only to dump my contributions into the Roths Only to see them digress with the january february swoon 2024 has not been like that It's been absolutely on fire this year and um, it's a good time to be an investor Probably a little more A little more euphoric than it probably is in reality You should probably be looking at You know how it's going to shape up the rest of 2024 You know the interesting dialogue That we need to deliberate around is that how much better can this market get? I think it can get better I think it can absolutely transcend and and move into value There's a lot of sleepers on the market that are absolutely kicking some ass jp morgan A stock right now that's trading it. I believe less than 10 times forward earnings, but it's been on an absolute tear Um walmart just did their three to one stock split for you guys that own I own 10 shares of it So after this evening like as I speak right now and i'm drinking my funny little Gurly beverage with my lemon wedge right walmart is splitting for me. See so i'm i'm working I'm working diligently now on youtube right and my stock is splitting three to one right now So I should wake up on monday and have 30 shares of walmart right on Doesn't materially change anything, but hey call me crazy. I like stock splits. It's a good thing where I owned 10 now I can own 30 on monday. I'm happy with that. I'll take it every day. Okay Music recommender says intel is attractive. I agree. I own the stock I'm gonna share with you guys my top 10 out of the dividend Rendering a portfolio which I I I emboldened some holdings there my friends I emboldened the ab v holding My next focus area is in home depot. That will be an addition Uh an emboldening. I already own the position. I own a small position in it, but I'd like to embolden that a little bit Um the one stock that I don't own in chips really is broad come However, when I talked about owning positions indirectly I own s chd For you home gamers out there. Who's what's the top pick in s chd? I won't tell you the answer I kind of did but for those of you guys that are actually invested in s chd the first one to the comment section wins starting now So it just goes to prove that if you own your actually, what's the top pick in vym So it's the same pick in both ETFs cross check me if you think I'm wrong. I pull all of this out of the data recorder and Computers are perfect. The human mind is not but I just share with you that That's probably one of the best Best holdings non-invidia related actually to play this thing as well as a taiwan semiconductor Which has been on a terrum already up huge in the position. I bought taiwan semi at 78 dollars It was on a down swoon and it is in my top 10 in the dividend holdings um, not necessarily for its dividend, but for its um It's bullish thesis and The craze surrounding not only the microchips, but the the the ai Revolution that's going on right now that's got everybody in a frenzy. Look, I'll be much more interested to watch this market Expand and broaden out the IPO market needs to be a little bit more fruitful I I think it is good to be an investor and for all those folks out there that are Writing this wave with me. It is exciting man. Life is freaking good. What can I say? We don't invest because this is a bullshit activity We don't invest because it's always a downtrend We don't invest because we always lose money to the contrary. We invest for That that that inevitable Appreciation in the market like somebody was telling me In the comments. I think it was ryan longwood is actually one of the first comments. I said man It's a privilege to be able to participate in these financial markets, man And it's it just speaks to how Fulfilling it can be on the financial side now All you got to do is focus on those other aspects of life and you can create a pretty holistic being By just integrating some of the philosophies that we talk about and enjoy on the independent investor channel, man We will be back with you in just a moment Alrighty man, I'm going to give these guys top some stock picks man everybody likes stock picks I like funny little girly drinks with lemon wedges in them Ah, that's funny. I thought I would do it That's kind of cool Every now and then I remind myself that I'm alive and I like it That's a good thing. Hey life is good. What can I say? Top 10 we just hit the $50,000 threshold in the dividend portfolios. So One $100,000 threshold In one of the accounts one $50,000 position hit in vig One total comprehensive financial threshold of 50,000 hit in the dividend Uh dividend growth portfolio. So three milestones probably some other ones hit on the lower end, but Once you start to wrap your mind around evaluating and looking at your holdings In the way that I suggest that you do it's fair to acknowledge that You don't invest in positions to remain static you invest in those positions to Appreciate in value and you acknowledge when those thresholds happen man and and dare I suggest acknowledge them and be like right on We're going to keep kicking some ass going forward and that's just what we do man That is just what we do baby. All right Top 10 get your pens and paper. All right. I don't share these anymore I only share them through the live stream. So for you, what is 38 patrons in here? All right now top 10. Here it is Top holding apple. We added apple as the top position in the dividend portfolio. Why ryan? Apple's not a dividend payer. I would suggest that over the next 20 years We consider apple to be more of a value play and they've got a pretty good track record of actually Increasing their dividend payout and sharing that wealth with share owners apples number one Number two. I've already discussed it wal-mart ticker symbol w m t three caterpillar C at number four bristol meyer squib number four on that list Um, canadian canadian mutual canadian canadian mutual. Yes. It's a large bank in canada That's the number four pick ticker symbol c m Next is shell oil Next is craft hinds food Next era energy ticker symbol in ee Next is taiwan semiconductor and finally a verizon verizon. Those are the top 10 in the dividend growth portfolio. All right Let's continue on and i'll give you the top 25 picks. All right Just outside the top 10 is ibm international business machines ibm Which is a sleeper pick here in the hybrid cloud business more specifically if you look at where they're generating earnings from It is from the red hat acquisition many many moons ago my friends and everybody has just chose to discard and discredit ibm. That's a mistake ab v abbv Comcast c m c s a Exxon mobile as a dividend Holding I added a little bit to exxon this week Intel which has been added here by music recommender is also pretty attractive. I totally agree in tc j in j some of these Value picks that have been sleeping for many many years Excuse me have been forgotten and laid to waste because everybody has sold them off to buy envidia envidia Procter and gamble another sleeper pick that's done quite well cbs cbs Merck m rk, which has just been on an absolute tear in the healthcare sector disney, which is still kind of sleeping on that latest ramp up to 109 It's digressed a little bit. I think disney really is due for a recovery and the final five is uh gilead sisco cso digital realty Duke energy and the last and 25th pick on the list is a tnt So those are the top 25 in the dividend growth portfolio Very cool stuff junior stock investors in the house. He says what's up? He says what's up 2024 It's great to be a facebook owner a meta owner This man owned facebook when it was facebook and now he's graduated to the great land of meta I've watched junior Evolved into this is probably he'll probably get rich off of this one holding Where the hell was I not missed that whole train It could have just taken the whole portfolio and dumped it into facebook Oh contraire mo frere We owe meta in a lot of different capacities even if we don't don't it directly. Am I right semi condo cyber security being rewarded in the market crowd strike, which is very very good through 10 Strike expiration and 18 pal alto. Those are some pretty high flyers for sure junior But some really really good picks. I consider crowd strike actually to be the best in breed In cyber security, uh over pal alto, but I like both of those names Absolutely, I don't own either one of them junior, but thank you for coming on and thank you for sharing my friend very cool stuff I'm pastic Uh act that's a what ticker symbol is that you you canuck You Now it's a little bit of digression and I was just speaking One minute before I came live tonight about the good ol aduro Uh trade we're doing a little bit of churning. There's a lot of stuff that's going on behind the scenes We're just going to have to continue to be patient on this I think they've been a little bit dry on information in 2024 That's my opinion. I've been oh just a little bit frustrated a little bit You know, they've caught some really good momentum that I believe has not been fundamentally based I understand about the 95 percent and and that's exciting But look it's only exciting until they can put it to rigor and make money A company is only as good as the revenues that they make And as good as the promise for revenues, they have not materialized those revenues yet And it's just simple Canadian imperial. Thank you. I caught a brain fart on that Louis helping me out here, man. He should come in and just host the independent retire me I really appreciate that but a good evening to you, Julius. I thank you and yes, Canadian imperial. Thank you. I'm my bad Met 147 stocks and I just wrote the ticker symbols and I screwed up one of them So thank you for that. Louis. I appreciate you man and welcome to the channel I should kick over and actually award you some moderator status as a matter of fact I will I'm going to kick over here and we're going to go like this I'm going to get out of here We're going to go right here. Yep, and we're going to add yep And we're going to do yep. There you go. Louis. You're now part of the family, brother Welcome to the family. Welcome to the independent investor channel family. Fantastic. So that's it That's the dividend portfolio to review. I hope you guys and and enjoy that. That's very cool stuff Let's kick in here and just see talk about some of the changes here Some liquidation came out of the um taxable account and this started about Oh Significantly more than 12 months ago. I wouldn't say that it's been 24 months ago But I will say I have taken a concerted effort to clean up The amount of volume in each of the respected large portfolios I've meant to diversify So these holdings that I I I convey to you here. Okay, they are 50 share positions 50 share position and amazon vti. I just increased to around a 17 000 position I think it shakes out to about 70 shares of vti and a duro clean technologies which I have Increased my position significantly in a duro clean technologies Okay, it was the biggest conviction by that I made this week And I was doing so in the face of a stock market that was awarding Nvidia In a way that I have monitored in the past to To suggest that folks take a little bit of caution Okay, when everybody starts to run for the door in the same stock because they all own the same stock and they realize That at the end of the day it is still a company that needs to make revenue They'll find that if they can't fit through the door Then they're going to get stuck holding the ball and I'm not going to suggest that Nvidia is going to go down Like it did at the close of the market today or after hours today. Okay But this is why I choose not to chase the hype and and I might be wrong in that But I also might be right And it's a good rule of thumb to suggest that if you are always chasing that next best thing It's not one of those habits that is scalable And it is not an exercise for the prudent investor to deploy On on a on a on a frequent basis and you're going to end up getting burned and and it won't be me That is going to take the blame for it It's going to have to be you that learns the hard way and you take a little digression in a position But hey If you've been in the stock market long enough, you've learned to take a little bit of abuse in the stock market But here it is this four positions guys and that a duro clean technology position sits at about 12,500 shares So that that is a nice conviction play and and I just I just want to take a break here and just I'm so thankful I'm freaking thankful. I I take some abuse like I get kicked in the ass. I get kicked in the head I get kicked in the teeth. I get punched in the face I block people from twitter. I had one guy that was responding to every single tweet. I made Scrutinizing a company and he would respond every single time with every single tweet and when I finally said, you know what? You spend a lot of your time focusing on me. He said don't flatter yourself Don't flatter myself. I don't spend one iota of time focusing on you. You seem to focus a lot on me It has nothing to do with me flattering myself jerk off It has every reason to be that I drop the link to my live stream every single friday For you if you are so aggrieved by my message to come on and kindly let me know man to man Okay The invitation is right there The yellow brick road or the red carpet is rolled out right in front of all the detractors. Okay It was on twitter I kindly blocked him because I don't have time for that bullshit. I don't have time. Okay. I don't focus On anybody other than myself Most of the time which is a lesson that I wish you would take for yourself and deploy Yep, you selfish ryan. You won't help anybody really Count the number of people that have come to the independent investor channel and have been helped by my message Do you think that the compensation that I get by helping these masses of people Equates With the time spent of doing this project Hell no hell. No, this is not a career. This is a side project and you're all the beneficiaries for it. Okay Have I had anybody come back to me? I started covering aduro clean technologies at 62 cents I started observing and monitoring the company at 52 cents before the game shell game changer program Read about it was in on it. Fantastic. I visited the facility up in canada. I went and actually spoke with an ill javar Nominal mind he told me at that time that they were making 95 percent. I already knew that information So this whole announcement this year of oh my goodness this big like revelation The aduro has known for a long long time and up until now They decide to go ahead and convey that to the audience. Why do I speak that? The reason why I suggest that that is important is because not one person has come back and said Hey, Ryan read on I bought the stock at 62 cents when you started unfolding it on the channel and nobody was buying Nobody. Thank you, Ryan. You're the man. No problem. I'm thanking myself Actually, I'm thanking the people who have referred it to me because I didn't make this as a blue ocean discovery This was brought to me And and marioche who is probably the point along with penny. I don't know who broke the story first I don't know. I'm a credit worthy type of fella Okay, and I am not going to take credit for breaking the story But I think they would both suggest I think penny made a little more of an independent discovery But myself at least I can speak of a hundred percent certain It was referred to me and I am thankful. I am very very thankful absolutely Static about the next couple of years how things are going to unfold We have positions in place to acknowledge the tax And we will be sitting on long positions now next year in a company that I think is going to Revolutionize the industry where it could go as anybody's guess. I have no idea. I freaking I'm I don't know I don't know my first look on this is a goal and I'm not being arrogant I'm not being Overly aggressive is ten dollars And we'll take a first look at the company hard look at that particular juncture. All right This is ralph number one um I did not add a cthf My apologies, but these individual positions are all the same Nothing added to Report out on except for the 10 shares of jp morgan chase, which is the last ticker symbol there As well as the acthf position, which is A 10 000 share position within the ralph IRA 10 000 share position it was a reshuffle of shares with a net addition of 10 000 I need to recalculate and project to the group because I always share my entry positions and my cost with the group but Yeah, it was it was a it was time to get to get serious on this and we It's reflective of a position that I would want to own It's an aggressive position for me And it's a game changing position for me Do I suggest that everybody follow my lead into this? No No, we can diplomatically have a business-like discussion about how long I've covered the company Why I've covered the company and why I'm so Convicted on the company's potential going forward. It's just that simple. This is my portfolio the acthf again was increased to have to say 25 000 position 25 000 share position in here It is a game changing position again. You can do the short math on it. It's very simple, but the f s el x Just settled out about a half hour ago. I added another three thousand dollars in there The ivv was up to a 25 share position the vig. I've disclosed to you guys that That has surpassed the 50 000 mark. So Really really nice. We're back above six figures. I've been up above six figures and drop below about a half a dozen times I don't know what I have to do to stay above that mark, but um, but we'll see we're well positioned to Really benefit from some markets that I think are undervalued under appreciated and quite frankly I have just jam-packed as much value into this as I possibly can with with with my methodology and when loser draw that's just where we sit Highly on was a complete liquidation at 158. I just entered back into the shares today at 121 That seemed to be the right entry don't ask me why but that's how it shook out I did not Enter in at the full eight thousand remaining highly on position I it did buy back at 3000 shares Which I feel like is a little bit more reflective of the position where I want to be in where I feel a company is fraught with gaps Is fraught with an inability to share With share owners, but unfortunately, I think there's so much there to share that they are just choosing not to That I that I feel like they're really misguiding people and and the cash position is strong The technology is strong The erx is still on the shelf, which was a phenomenal idea. Unfortunately just could not win over the marketplace and I think it's worth a dollar 20. I think it's worth, you know Whatever small position here, especially with their cash balance and their lack of debt on the books and their Conviction on fiscal Conservativeship over the next couple of years in developing carno, and I want to be a participant in that The 3000 position is where we are there. I took a $6,000 position off the book as my cost basis. I was entering into the shares pretty heavy at 60 cents so And I don't share that with the group anymore I just I won't do it and it's the company that I take the most abuse on and I just have no patience for it None whatsoever all right Here's the sector portfolio We added a little bit into technology this week that is the bfh No, that is the bht. Excuse me the ht We're at about 18% we need to try to get that up closer to 30% in this to be a little bit more reflective of what the smp Caused for we're a little more spread out a little more overweight in some of the under Appreciated sectors the smp and that's that's fine. That's fine the overall Diversification here is the key but just went over the 30,000 mark for the first time Today actually in here and this is a product that I've been chronicling On the channel for quite some time a lot of you guys actually own this through m1 finance It's the same portfolio. So congratulations Here's the dividend growth portfolio. I gave you my top 25 out of this tonight on the live stream and went over the 50,000 mark for the first time Very cool stuff building wealth my friends Collecting shares and that is the key. I used to collect baseball cards when I was a kid Now I collect shares in my old age. I don't know I collect. Well, I collect tools I like tools And I'm just sick of it hit me in the face. That's all All right, where are we at the deli dividend growth tsp six figures. We did it We did it Investing is gambling I started with 2% in this account The strategic goal of when I retired I wanted to have X number of dollars, which was a hundred thousand dollars in this account As a surplus account to devoting at the time 2% to this account Which reflected a an amount that I did not need Look where I've grown And I've got 11 years left I've upped the ante here and the new strategic goal for this is a cool quarter million Um, if we make it so be it great if we don't no problem I've surpassed my goal now In 10 short years. Uh, what a what a phenomenal deal I do want to highlight for you guys that I did change the allocation just to touch on this I dropped the c fund a touch to 73 The s fund a touch to 13 The I fund I reduced by 4%. Um, that was the biggest reduction and increased the g fund Contributions to 8% by ryan. Why why would you do such a thing? Why? Um, the market's in an all-time high This was an attempt to dca into some guaranteed money and start to build that slush fund with an inevitable idea that the g fund Could potentially be a nice drop point for preserving some capital guys. I'm not a spring chicken anymore. Okay I'm an old 46 years old and I tell you a lot if I could show you my cane I would because I'm just old and decrepit I'm old and decrepit With a pencil that needs sharpening I'm just kidding who sharp as a whip I can run circles around a lot of my young counterparts A Lot of them will tell you the same. I just I'm cursed with a crazy work ethic. What can I say? If you're cursed too, you know what I'm talking about the hell SEP increased a little bit. Whoop-de-doo BTI in there um This we had to reduce a touch actually. Um, again the net increase in a duro share position was 10 000 Puts us up to about 67 000 or so Give or take a little bit It's a life-changing position for the conviction that I think should be there, but it's not right now as an undiscovered company It will get more attention looming Results from the game changer program will be nice to to see how that shakes out But uh nonetheless man exciting times for for for what we're doing with the program I always look at the renderings of of a well-laid plan to be that money piece to it But it's not where I put the value. I put the value in the deliberation of why why I'm investing in this way Why I've chosen to do this in the capacity that I have why I've chosen the scale that I've chosen I convey all of those tangible fundamentals man, but I'm going to tell you guys there is a little bit of instinct That you got to have about this deal an instinct. Unfortunately. I can't give you all I can do is share with you Where my loyalty lies and where my instinct actually Um comes down to hitting wax, okay Where it actually comes to be tangible and this is it This is 20 000 shares of of of a duro clean technology And I was able to buy on the dip and voxter increase my share position 17 500 I it's rock bottom It's undervalued where it is right now analyst would suggest different. Uh, I I just disagree So we'll see what happens and then they're they're in the right industry I have taken a concerted effort to raise capital in way of cash So you guys that are frantically buying the market, okay? This is the time where you want to take a little time out Look in the mirror Pour yourself a glass of wine Yeah, okay, your your life is okay. If you don't own nvidia, it's okay chill Save some money to cash Live to fight another day This has been something that I've done after the 14 000 pushed into the Roth's funding for 2024 is complete Some renderings of some stock holdings the liquidated AT&T. It's just been an absolute just a shitty position liquidated the position there. I still own the small position in Um, the dividend growth portfolio in my top 25. It was picked 25 actually But um, they're just so laden with that. I I could not just continue to tie that capital up Where I felt like there was so much more value to be added in other capacities And that's what I did. I do not do that very often. I do not justify that move Um in taking a little bit of loss, but it will buffer some of the capital gains On the long side that I had to take in the portfolio as a whole, okay But we did go ahead and liquidate the large position in AT&T freed up some capital to end up buying this stock that I take so much grief for which is a duro clean technologies and the total portfolio value Um, still hold it in there strong It just seemed like a short stint to go that I was reporting to you guys at 425 I I want to kind of bring this home for you guys a little bit and actually suggest that if you look at your performance in the acute It's never going to satisfy you Okay, just stay with me for a moment Financial wealth building is not something that you're going to look at and say I'm done. This is awesome. God dang, Ryan. You're the greatest son of a gun ever You said to do a and I got to z You're the man, Ryan. You are the man. I'm going to send you a christmas card, Ryan I love you. I love you, Ryan. You changed my life, Ryan Mark my word Financial involvement Um, will humble you more often than not Only the strong will survive If you think you have the necessary conviction to make it in stock market investing Check your compass Okay If you think by nature of putting that phenomenal youtuber on your hip Who has 2.6 million subscribers, right? They have 2.6 million Subscribers and therefore it translates to me and the power of 2.6 translates to me and therefore translates to the power of my portfolio I'm here to knock on your door All right, you need to wake the hell up Okay Investing is hard. Okay Investing in vig is easy Investing in the s and p 500 that is easy And then you slowly go down the slippery slope in understanding that Once you start to get into single stock investing And evaluating companies on an individual basis boom boom boom Okay Stocks that require evaluation. I just see blood phantom in the group I just click back over to my comments man. I see blood phantom in the group man Have been with me a long long time as it makes my night man to see a brother I remember a video he put out where he's like I don't need to look at the financial statements for apple computers and I was like, oh my god somebody who finally gets it But if you are going to delve into that realm of stock market investing by owning single stock You're really setting yourself up for disappointment in some capacities. Okay A certain percentage of your total overall Comprehensive portfolio Should be devoted to passive investing Owned it all Okay I saw somebody come on cnbc today in the afternoon suggesting that Passive investing doesn't work. You have to pick your single stocks and blah blah blah blah blah blah blah It kicked ass last year it'll kick ass again this year. It's just that simple Okay, there's a reason why the year over year performance on a one year on a three year on a five year on a 10 year average Okay is what you should be achieving I don't care you give me just a lump of shit if it can provide me a 10 rate of return I will buy that lump of shit For greater than I will ever be tempted to buy nvidia Okay, give me a 10 rate of return no problem And a lot of these products that we talk about man They've returned to 10 rate of return clip for many many moons and a lot of people Ignore it. All right. You suck. You're 46 years old. You're not a millionaire Look, I got news for you The vast majority of people who live and and eat and and and indeed. Yes. Shit on this earth sleep Try to make something of their self will fail at doing so Okay, you think everybody achieves millionaire status Very few do Why don't you ask yourself why that is? If you want to embark on this journey, it's going to take some time. It's going to take some effort You're not just going to put together this half a dozen group of youtubers And this guy has 612,000 subscribers and he's got that funny little plaque That that he puts behind him that says if I press play I'm good. I'm good. I this is a phenomenal, right? And I've got these half a dozen youtubers that I follow and that's going to somehow take me to the promised land Okay, you're asking somebody else to think for you instead of thinking for yourself It ain't gonna happen Very very few people make it. That's why I do this message right Because the very merit and the baseline and the philosophy that I approach this I approach this as an f and war I don't Lolli gab do the two lips and I'm gonna Invest a little bit in the stock market. Why I tell you what that Ryan guy he's something else He he really excited about this for fun. I'm gonna give it a try. I'm gonna try it. I'll tell you what Hank I'm gonna try this No, it's not try. I'd rather have you not do All right You know how to throw a big punch You know how to fight back Look at it holistically like I do. Okay. I look at the system as holding the little guy down Okay, it's the very power that I suggest through empowerment. Yes Follow me through the channel that actually allows us as a community for every dollar earned for every dividend earned For every year to year point of appreciation year over year in each of our respective portfolios that makes us tougher As a group. Okay Yes, tougher as individuals, but as a group. It's very very powerful Otherwise be we become victims to a system that would have Their thumbs on your pulse and actually influence where it is that you go with your money Rather than you control where it is that you go with your money Very very important to understand that. All right very very important Horned dogs in the group. He's the bottom comment here, Ryan You do a great job. Well, this isn't work my friend I appreciate that. Uh, I'm in all of your investing strategy and success. Um Okay, let's talk about that boom horn dog. Thank you. You to man Um I I bring to the table some effort Yes, um I have made An enormous amount of mistakes in my application It it is it it is out of sheer Absurdity That I convey to you guys the numbers and I I I guess I could just be making it up. I don't it's all correct down to the dollar Okay, I don't fabricate actually. I think I was down like 300 bucks or something It was down like 300 bucks a week over a week. Who cares? I I'm I'm dealing with close to six hundred thousand dollars, right? I've accumulated on I've never made over a hundred grand in my life never Okay, there's a lot of people out there that make good enough income that if they do follow the strategies that I talk about In part uh or in totality You will end up in this promised land. Will you go through downturns? Yes. Will you make mistakes? Yes Will you have to subject your portfolio to to risk? Yes Okay, you're not going to save yourself to a millionaire I would not have been able to save myself to six hundred thousand dollars of wealth No freaking way if you think you can do it great Fantastic, I wish you all the best Okay, but I appreciate the sentiment but I try to Disconnect between what I convey on the channel and this perceived Special nature of what I talk about it is achievable to all That's the crazy part about this. What do you think motivates me to come on and talk every Friday about this topic? Is it to sell you on some special antidote that I have that I'm trying to sell people on? It has nothing to do with that with the multitude of mistakes in my past I I should have fallen victim to failure But the sheer reality is it I've put in pressure on this Powerful entity which is the stock market and I have liberated my dollars in so far as I don't trust anybody But myself to run an independent system And to liberate my dollars in a way that's tax protected and low cost Okay I own one mutual fund. I get it I can choke down the idea that I pay a money manager To sit there and monitor the top 25 I think 25 percent of the holding that I told you guys about in f s e l x is actually held in envidia Right, so the money manager just sits there and I don't think that's pretty easy right on I just get to watch it and I take my money. It's all good. I don't know what the management percentage But for the most part if there's an acknowledgement to tax obligation There's an acknowledgement to lowering fees And there's an acknowledgement to not succumbing to debt in your life It very very powerful And I find it ironic how we've defined now the status quo in society To spending the majority of our day going on to social media and finding Ryan's of the world and everybody else out there trying to get ahead and poking fun Ha ha ha. I'm so funny. I'm so funny. And then I'm flattering myself by calling you out on your bullshit Really get a life. Look in the mirror. Okay the sheer Reality is this. Okay, and I'm gonna break it to you and I hope this individual gets this message You're not as successful as I am as much as you want to think that you are Okay, I don't spend my time going on and and and throwing Criticism at people. I don't I don't have time to do that. Why? Because I am my biggest biggest critic. I spend the most of my time tearing myself down Okay, so for people who think it prudent to come on to social media and engage in that activity I'll just I'll just block you so you're off the grid. I don't care. You don't deserve this information You don't freaking deserve it and I won't give it to you man. I'll block you. It's no problem All right, very cool stuff I had kind of a lesson I was going to get to I went on a rant and a rave But that's really where I'm in my element and you guys are the beneficiaries for that when I start to really dig deep on it. So Um, yeah, it was good stuff tonight for sure. That was fun. It'll be fun to fun to watch back Uh, 38 watching and what's going on our people's finger serting on the keyboard It's all good. The social media is a thankless environment and for the few people that come on and say, hey, thanks Rana appreciate it. It's worth it man. Lewis is in the house. He says thanks man It's it's all good. Look man. If you if you don't get anything material from this then I don't deserve a thank you Okay, make no mistake. This is a two-way street. Okay. I don't come on to social to say you do I say and you do okay Irrespective of whatever results we can expect from that relationship. No freaking way. No freaking way I expect you to deploy these things and to win with it I don't need to thank you. I'm fine. Okay. The biggest thank you that I can get is for me to sit back and say, hmm Right on I'm one of those funny funny guys That likes to have the last laugh in that if you had Reservation about getting involved at the stock market ryan. I don't have the capability Ryan investing is gambling ryan. I don't want to lose all my money ryan. I can't ryan this ryan ryan I can't ryan ryan And you get involved and you prove to yourself That it is nothing of what you perceived it to be With your uneducated mind, right? You want to think you know it all but you don't know shit, right? But you you take a little leap of faith Right You get involved and you start to make a little coin and you're like damn this. This is interesting Very very powerful to be a participant in good companies out there like jen j proctor home depot companies that we've mentioned berkshire hathaway Nvidia for crying out loud google amazon and the sort right very cool stuff I'm going to be a participant. I I cannot go through life and just say, huh interesting I have a direct connection to those through the stock market, but i'm just going to go and Then do this over here. Most of those people have been coddled their entire life And they feel like they're going to be coddled the rest of their life too. I never came from that I I had to observe those connections and I had to make those connections Okay And a lot of you guys in the group have absolutely made that connection to understand that you own more than just Something that goes up and down It means that you're an owner in that particular company means you own the appreciation it means you own Uh a tangible asset that can work for you and it's very very important man very important You guys think this year's last year to buy reeds at a huge discount. God. It's it's been down brother I tell you what? Uh trivon carter. Thanks for coming on to the live stream man Office reeds have been crushed And I took the spin off of of realty income into a real significant downturn I was just looking at the position of the day and my i'm down big Office re offices are empty. I I don't know if I would suggest that it's going to just recover anytime soon to your point Yeah, you're buying in the trough Real estate right now is Really hurting now the individual home builders as you know told brothers just blew out the numbers this week Um, you know dr. Horton some of the the builders out there doing well where I have an inventory scared it's a scarcity Excuse me and homeowners don't want to sell for obvious reasons They don't want to subject themselves to maybe trading out of a three percent mortgage for a six or seven percent mortgage That's that's obvious But office spaces are empty right now And and I don't know if I'd be so contrarian to jump into that My friend I own Digital realty. I own a lot of reeds. I own a realty income ticker symbol. Oh Um, and I own a or l which is Orion that that's the office space Reet and I've just gotten crushed There's some really attractive places in the market right now But I don't know you'd be more aggressive than me to take a contrarian play on that Um, I do own them for a better day But I think we're a couple years away from a nice recovery In that but appreciate your input my brother. Thank you so much for coming on man It's great to have your insights and I'm talking through it man As we start to round it down man, this is alexis in the house man checking in from a parking lot Thanks for the message Ryan. It's no problem. It's a lot of fun for me I'm a kid in a candy store. I can't believe that I can convey the message like I can through my awesome mic and I got a little scratched together to put some lights up so it can it can Have a nice tron feel to it, you know Good stuff man He says agree. I'm taking small profits. I'm a tech Still holding on to apple Yeah, apple's good. I sold apple at 198 196 bought it back at 180 Um Just a little play a little bit because again, it's like one of those positions that I own indirectly in a lot of capacities, but Apple's one of those very very rare companies just like microsoft microsoft is also in this camp Microsoft unlike pal alto networks as well as crowd strike that was talked about this evening Um are the safer plays amazon and google Um are moving into that category to be honest with you I have no reservation whatsoever In buying some large blocks in amazon Uh as well as google As well as salesforce.com Um in video, I do not feel the same about and netflix. I will not touch And that's just my rundown of the the fab 7 meta is another one of those value companies that Is just on a high growth trajectory and I I just again I I can own it as a large portion of the smp 500 and lift if I had another day What am I going to do chase every stock out there? Just can't do it, you know But it's great to see you my brother. I hope all as well with you in 2024 and all the best luck to you Go track the progress going forward man loving the run and He says oh buying some value in next era. Yep um apd McCormick and skywork solution. I own all four of those So Very cool stuff, man. Well good stuff, man. It's starting to tailor off a little bit I didn't get to the real lesson. I alluded to a few portions of it But some really really cool folks in here and I Hopefully we highlighted enough of you guys. I know there's some people if you didn't get highlighted You'll just have to stay tuned next week. And then you guys got the number one Stock holding in vym or schd. Boy. Oh boy. Got a little homework because I'm not going to give you the answer All right Very cool stuff, man. Appreciate you guys tuning in. We went a couple minutes over some bonus time tonight What the hell we do it because we can and we do it because we're ever evolving in this project Glad to do it. Glad to help kind of bring people together on a common message to spend a little bit more time And effort in focused on personal finance and wealth building Into the future guys. Thank you so much. I appreciate you. We'll be back next Friday on the independent investor channel Fastest 60 minutes on youtube. Cheers. We'll see you next week