 Guys, welcome back to the Independent Investor Channel. Ryan here, we're gonna drop you into the taxable brokerage account. This is one that I don't chronicle very often. This is kind of an opportunity for me to invest when I want, how I want, not be restricted by the Roth IRA caps. I started a couple years back anyway. Haven't really been building this account for very long. It is a six-figure account. So one of the three larger accounts that I do own, but it's always interesting to jump in and see the progress for you guys and showing you kind of what is possible in the retail investing world for just a little blue collar investor like myself, looking to gain wealth and demonstrate that you can do it too. So with that, guys will jump into the account and conduct the review. So here's a rare opportunity to jump into my taxable brokerage account. This is one that I don't chronicle very often. This is one that kind of supplements my other holdings. This is a large or my other accounts. This is a rather large account. This is just over 100,000 on this. This is where some of the options action happen in the portfolio, as well as some of the single stocks. There's kind of a three-tier type of objective here. And I've really been off some of the passive investing. Here with the markets at an all-time high, I've been relying on my other passive buckets to do well, but as far as multiple passive angles, I've kind of liquidated out of those. And for you guys that have exclusive passive investing, you wanna stick to those programs. You really do, because I'll be looking to reenter those programs with higher dollar amounts. I just don't wanna enter into the market from a passive perspective with high dollar amounts. So that's where I'm gonna put to use some of the cash that I have on the side right now and kind of wait for a little bit of a pullback. I'm waiting for the first 10% pullback. And then if I can put a little bit to work there, I'd feel a little bit more comfortable. I just don't see a whole lot of prospects or a whole lot of runway going forward for passive. So I utilize going into the single stock and some of these, some large growth and some dividend stuff in this portfolio as well as some contracts. So on the top end with the contracts, I'm not gonna get too crazy on this. I've got a couple of put contracts that have, these are Bank of America number one. I won't buy Bank of America here in the upper 30s. I wouldn't mind getting them put to me at 33. So I'll collect a little dab of premium. I think this expired actually already. So I'll collect a little dab of premium and live to fight another day. That was $22 of writing on a stock that just expired worthless, which is fine. And then the highly on put contract, obviously, that'll roll off as well. That was a little more lucrative. That was a three contract at $10. 170204 on the premium there. Obviously doing well here. And we'll continue to write those contracts as we see fit. The $9 are still in play expiring May 14th and May 21st respectively. Two contracts each of those, if it dips below nine, we'll obviously have those put to us there with two contracts respectively on different dates. So obviously those are doing well. Those are set up here, depending on what happens over the next two and three weeks, we'll monitor those positions and see what's happened here. I think the stock comfortably above 10 will stay there, but we'll see. There's no telling what's gonna happen here as it's an early stage company and has just got a couple of quarters of reported earnings under their belt. And then finally, a couple of call contracts here at some 12 strikes, I believe, yep. So I've got 12 strikes here, three contracts, nothing too crazy because as you can see here, the position is rather large. I've accumulated here, you know, we're down a dab in the position, that's fine. But we've been establishing positions all the way down into the low eights here. So there's a couple of blocks of shares that I'm actually up quite handily that I entered into at the eights. The negative here came from some of the higher blocks of stock that I bought closer to 20. Right now, the cost average on Hylian is about $14. So nothing too crazy. We'll continue to monitor it. We'll continue to hold the stock here as it's looking like it's basing. I hope it does and hopefully we've got better days going forward. Amazon was a large position. Look for that to split here is the word on the street. So nice five share position. It's one of those just discretionary monsters. It is the absolute best discretionary name on the, really on the kind of the big tech. Amazon's kind of a tech company for me because they've got multiple businesses within Amazon. So owning Amazon, you've got exposure to all of their online businesses, their AWO, which I'm really the most excited about. So I needed a good lion share of exposure to consumer discretionary. So I decided to go with a five share position on Amazon and got kind of lucky with the earnings. Now it did digress from the earnings where some profit taking incurred, that's fine too. We're looking to hold this position long going forward as we continue to enjoy some nice value picking here as I've got Amazon still undervalued at 3,500 or wherever it sits. Yeah, just shy of 3,500 a share. BlackRock, the best in financials as far as I'm concerned, they manage the government pension program. Last I checked, it was about six or seven trillion assets under management. So just a beast of a financial company here pays a nice little dividend, but a 10 share position puts me at about a little over eight grand on that. So the rather large. And then we took a liquidation in Duke. I didn't get the channeling entry that I wanted. It was positive, but it wasn't too crazy. But I did enter into Duke at a much smaller position that I owned before at a hundred share position. And that was meant to take some profits. Number one, number two was to enter back into utilities with less exposure, right? So the 25 did it for me and gave me that position. And what I feel is one of the premier utilities plays out there, pay a nice dividend and we'll do that. The Southern company is the complement to the Duke holding. Now the Southern company was also a hundred share position. We entered back into that at about a 50 share position here. Both of those are up. Those were up as of Friday's close. We're from shooting this video and we'll continue to just enjoy owning those long. And then in the telecom space, the only one that I've got here is AT&T. And I believe these shares are actually long. I've owned AT&T now for a long, long time. And you guys kind of can understand a little bit. Even the utilities and the telecom that I own in this portfolio, I like to own in lieu of bonds. So that's kind of my strategic angle we've picked up just a ton of shares from AT&T free as these are dividend reinvesting back into the underlying. We may shut that off someday. That's totally fine. And got just shy of a $10,000 bill in AT&T. It is up in the positive. It's been nice. It's been a real, it's been, I've had AT&T in some real deep water down in the low 26s-ish. Now it's fought back. And it's nice to see that back in the black again. But the cues I owned again from a passive perspective, I took some really good profits in the cues and I'm just kind of monitoring it. It doesn't mean that I won't re-enter that ETF. I really like it. The cues is one of my favorites now. This is the first time I've owned it. I did sell it on a channeling. I'm being very aggressive with my entries and my liquidations here with the market teetering at all time highs. No reason to put enormous amounts of money here in passive assets, unless you're just extremely long the market and you wanna be buying into that passive approach, funding it up over time, that's great. I'm looking to get a little better strategic entry on the market and that's just how I'm playing it. And then finally here, like it in platinum discretionary and Lockheed Martin, this is a re-establishment here at 10. And I'm glad because it's come off a touch. This is actually wrong. This is actually calculating a cost basis of over 400. So Merrill's got this wrong. This will adjust. I'm actually up in the position because my entry here was actually much less than this. My entry was in the 370s. So good to go there. Actually it was about where it is now because we liquidated and took really good profits off the big position at Lockheed Martin. And then when it came back down, we re-established a nice little 10 share position just because it's still undervalued. It's great. It doesn't help me for putting me or keeping me overweight industrials. Nonetheless, it was just one of the top industrials plays and I really like to own the company at least in some small degree. So with that guys, that's the taxable brokerage account and we'll continue to monitor this and I'll continue to roll out periodic updates for you guys and see how we're doing in the performance of the taxable brokerage account. So with that, we'll kick you back and we'll conclude the video. All right guys, so we've come out of the review of the joint brokerage account. Hope you appreciated the transparency here. This is a real account and for true visibility to bring in and actually show you provides validation, provides credibility to show that not only do I run a financial YouTube channel but I actually invest and I know a thing or two about investing. Those are two conditions that I demand of a YouTuber if you're gonna come on and you're gonna share information about investing. I think you should be good at it and I'm very good at investing. Hopefully this can provide you some motivation as to what's possible. I haven't been investing correctly my whole life and I've been a self-directed investor for about 10 years and so for you guys that are getting this information in your hands early enough in your life, it's never too early to become an empowered investor. Guys, if you appreciate the message and make sure and subscribe, leave your comments at the bottom, share the message with friends, family out there who could appreciate the message that we're putting through. Appreciate you guys stopping by and catching the video and good luck in your investment future.