 On time and in a hurry welcome to the independent investor channel on a Friday evening. This is nine o'clock eastern standard time I am your host. My name is Ryan. We run a very very professional Livestream here every Friday Try to put the focus on individual investors making sense of a stock market that seemingly pretty cranky right now At least that's my perspective. What do we do about it? How do we adjust? How do we how do we deal with the swings in the stock market? Is there things that we can do should we do anything, right? And so it's those deliberations that we work around the stock markets a great topic for this because it's an infinite one I think it's the one that escapes a lot of people if you are out there and you're interested in putting some capital to risk in the Market the benefits are undeniable. I know that people, you know We'll come to the channel during the short team and be like, you know Ryan, I'm invested for 12 days and this is terrible, right? You get me invested. This is no good. No good, Ryan I'm down down Yet to have a little more perspective about this gig, right? This is a lifetime of evolution of wealth building and the irony and the whole thing is in the short term I think most of the time I could look at my portfolio and say this might be a little bit Banana bit banana boat crazy I you know, like what am I doing if I look at it in the short term with the short term lens in the short term perspective? I think you could come to those rationalizations with how we're used to and Program to looking at money and I think a lot of people can share in that same sentiment And I think a lot of people who've been with the independent investor community know that I do in fact Share my experiences through the stock market But I also relate with people and really try to get the pulse of the stock market what it's doing what it's doling out in The way of some pain, you know, we're 400 points away from the all-time high So I you know, I looked back even as late as Thanksgiving of last year at about the 29,000 mark I mean we're you know, 6,000 points removed of that level here So, you know, I was that when the market goes up the way that it does and the nature that it has of the last real Short-term and I say over the last couple years It's really been conducive to being an investor whether it be a passive investor or a dividend investor During certain pockets of the last couple years For the most part investors unless you really just tried to lose money Have made a significant amount of money in wealth building and I think over the long term That's proven true and I think for a lot of investors that have been Exposing some of their own personal hard earned capital to risk have experienced a lot to the upside, okay? Now the title of this video really is you know, it really was meant to codify Maybe that feeling of an inexperienced investor that looks at their dollars in an uneducated lens or One that lacks experience in stock market investing And I'm going to jump into a lesson a little bit later on in the stream Talk a little bit about what some of those defensive tools are that you can use that you can deploy to make this thing Just a little bit easier to deal with And I think there's investors out there man that can be like Ryan, you know, you're right I don't have the experience you do You might kind of throw around risk a little bit more and and I have just this week I became a crypto investor for the first time this week and we'll talk a little bit about that. It's hardly investing It's hardly investing. I I put it 100% in the gambling category to be honest with you I'll disclose the I trust capital opportunity Why I did it? Why it may not make sense for a lot of people out there, okay? It's going to apply to the very very few that want to put a very very small portion to work With the cryptocurrency element, okay? Now what I looked at when I was looking at the landscape, it was not really that attractive to me high fees High fees on even some of the most popular ETFs grayscale About a 3% clip on the management. I Trust really isn't that much different because you get stuck with a monthly maintenance fee of about $29 and 95 cents That was a real disincentive for me And when they were going through the deliberation about soliciting for an affiliate's marketing opportunity through the independent investor channel They really didn't explain to me that their account minimum is $2,500 and then their fee to enter into a Certain basket of cryptos the top 12. I think is what they offer. I only bought three I bought Bitcoin. I bought Ethereum and I bought Cardano and I Aligned the percentages of exposure to each of those top three cryptos the exact same way that the grayscale ETF works So this is a soft rollout of that I know some people that have joined the channel have watched the I trust capital in the funding Stage and it was there for a while. I was there for a good three weeks Anyway, and I was wondering if it was even going to go through lo and behold it did I I did buy those cryptos. Oh couple days ago anyway, and I'm already down 150 bucks We needed to stay consistent with the losses that have been doled out this week We're down the tune of about $8,000 a week of a week. No big deal I you just imagine how many boxes of Twinkies I could have bought with that 8,000 bucks or how many pints have been and Jerry chunky monkey I could have bought with that and that that's that's some interesting stuff So I did end up opting that to the stock market gods. So again, I hope they're enjoying their grapes and wine on my behalf I'm glad to do that because I look at money a little bit different than most people Okay, especially more than the average bear I have to sometimes look in the mirror and say, you know, are you are you banana boat crazy here Ryan? and how you apply this thing and This makes the most sense to me And I think that's where a lot of people will tune into the channel because they can take a small piece of What I pragmatically look at what a lot of people want to just react upon usually using their natural instinct and I know if they're that scary for a lot of investors out there to look at that and say man You know, that's a good guy. He's terrible. He loses $8,000 in a week. What the heck am I even doing here? YouTube I'll have you know right up front. I I I'm learning to despise YouTube to be honest with you. I Love my audience. I love you guys and I love what your Contribution whether it be a small contribution to the overall community theme that we're looking to promote here In a small capacity or large Now that's the element that we're trying to strike at so a little bit different approach here Independent investor channel now if I've motivated you to get exciting Excited about investing. It's for all the right reasons if you start to expand out your timeline Beyond 42 days and you start to look at the investing opportunity as a little bit more Holistic in your life's approach and not just looking at it. Well, I don't know how you look at it Have you asked yourself that? Okay Why are you entering into an investment program? Why are you putting capital to risk in the stock market? Have you asked those questions of yourself or have you just tuned in to Graham Steffen? Because you think if you sit there and intently watch he's going to make you a millionaire, too I'm a little bit more actually. I'm a lot more Realistic as a matter of fact I've probably got more realism trickling out my ear than them than a lot of people out there and I Typically find it ironic when I'm away from social media How I put my pants on I take a shower every morning. I do work a day job I am part of the rat race and and proud to do so. That's quite frankly where I get a lot of the Motivation and incentive for my job There's a lot about social media that I just really just despise and quite frankly have learned not to enjoy This is completely exempt from that category and right now I might just be in a funk and you guys can sit back and enjoy The program and understand my my very calm demeanor perspective on this deal I won't do it unless it's real. I will not manufacture That the product on the independent investor channel for you guys that are new to the independent investor channel Please understand I for what's going on. It seems like hundreds of live streams that I've put through Are all unscripted. Okay. I think The society is scripted at it as it is I think it's refreshing to come on and listen to somebody and I don't take my eyes off the screen Which means I'm not looking at a teleprompter right it all comes from the heart and I think we need more of that I do I think in a in a world that says that You you have to align your life in one way or the other you you have to think along the lines of getting a career that's Respected in the eyes of society Irrespective of what you think of your own desires and your own personal Objectives in your life personal finance may fit into it. Okay I'll be the first to say that if personal finance is going to be something that is counterproductive in your life Then don't do it Some of the happiest times in my life I can remember is when I was broke as a joke living on a fishing boat, Alaska some of the happiest times You know, I don't save more money and invest as aggressively as I do to make more money to be stressed out Because I have more money The irony in that is so many people invest because they think that they want to get to that millionaire status and Therefore everything is going to just dissolve away and everything's gonna be hunky dory Everything is gonna be great when you can go and tell all your friends that you meet that category of fire, right? I Ask people what they're gonna do at 30 years old and they look at me like a deer in the headlights And they'd be like, what do you what do you mean Ryan? I'm gonna be retired. I don't have to squat I could just drive my Corvette around and just show people how how awesome I am. Oh I digress the expectations of society They are rampant and the pressures that are put out there especially on our vulnerable youth is somewhat scary and The cool thing about the live stream opportunity is not only that you guys get to hang out Real time with not only myself, but each other But this stuff will become legacy forever being posted to social media and people can Revisit some of the philosophies and you'll understand that The financial element. Yes is the root and the backbone of the independent investor channel and as unique as taking control over your own Personal finance and your own personal empowerment journey yourself As intriguing and as interesting as that is it is absolutely not commonplace Amongst people and I find that to be extremely ironic. I ask myself all the time. Are you just an anomaly Ryan? Why is it that people can't embrace this idea of taking a lot more ownership over their program? Whereas a lot of people out there Unfortunately, this element of their life is non-existent. So if it's your first time to the independent investor channel welcome Buckle your seatbelt pour yourself a drink. You're in for a treat You Get a little motivation out of this project. That's great. We're trying to strike it a nerve a little bit It's all right. All right If I operate with a little bit of sense of urgency for you, all right I can provide a lot of motivation for a lot of people because I'm a pretty Motivated fella now when I do step away from social media. I'm a pretty chill fella I was just in the gym tonight Sweat to the oldies. I figured if the portfolio was gonna sweat $8,000 this week I was gonna go punish myself in the gym and at least be healthy, right? If we're gonna burn the portfolio to the ground, right? We're gonna at least be healthy doing so but The motivation that we dole out on the channel really is is is not to pick fun. It's not man. It's to strike a root of Do you care about this stuff? Right? You ever ask the question? I mean, is it easy just to say hey, honey You know, I we might want to save some money for our for our future I don't know. Maybe we don't have to blow our money every single paycheck I don't know and it's relative it is if you're out there and you say well, it's easy for you to say Ryan You're you're wealthy you got money coming out your ears and your wealthy. It must be easy for you I beg to differ money is not made in that capacity Money is made upstairs It's made upstairs before you make it Rewind Yeah, it's made upstairs before you make it Okay, and take that one to the bank a lot of people think that that's it's more of a Manufactured type of activity like you're gonna be able to work yourself toward success or you're gonna have to be able to put The right cocktail of YouTube channels into the mixing bowl, right? And you're gonna cook it up and you'd be cooking that shit and you can be cooking it Can't overcook it by God you can't overcook it or you're gonna fail To cook it and you take a little taste. Yeah, I got bang that tastes good and you get really excited and you're like man This is fantastic. I Can kill this investing thing now the the investing element the stock market in and of itself is is just a Living and breathing animal. Okay, not of which there are certain strategies that we can use to kind of Grab the bull by the horns Hold on you gotta hold on that it's gonna jerk you around sometimes man And you get sometimes it'll be sleeping and it'll be really calm and you'd be like this is good I can handle this. This is great. And then when it wakes up and then jerk you around again It can happen that way and then you can be like, you know I signed up for this investing gig just to make money, right? I'm a value investor I I bought these good quality stocks. I bought Amazon and it goes down every single day What what gives Ryan? What what what am I doing wrong? What why did you get me motivated to start investing in the first place? You're looking at investing in a box, right? You're looking at it in the short term and trying to substantiate your program There's no level of Substantiation that can be had in the short term in the stock market whether it be to the upside or the downside. I don't care You can make some money in the stock market and you can say man. I'm a badass investor that Ryan guy He sucks man. I'm 10 times better than that guy 25 years of experience I'm quitting my jade job. This is incredible. I'm gonna make YouTube videos for the rest of my life And I'm gonna value invest myself to millions of dollars I Wish y'all the best. I think it'd be awesome. Hell, I'd celebrate with you man. If you could figure that out I've been investing a long time. I've had a lot of capital to risk for many many years I understand how the market plays on dollars and this is part of the gig and the more that I can prepare you to understand How the market is gonna play on your dollars the better off you'll be and I think you can really entertain the opportunity to understand that Dollars take on different forms in your life. Okay. It's one of my favorite videos. It's back in the chronicle somewhere around I don't know 122 on that independent investor chronicle where I used I don't know. I think it was a hundred dollar bill as an example I don't know at the time. I actually had a hundred dollar bill I don't know what one even feels like anymore. It's just a digital number for crying out loud anymore, right guys More often than not we're looking at this thing to verify our our digital number Yeah, it's still there. But if you took our pile and then look at it and say, wow, man, that's a I'm doing all right We're creatures of habit, right? We've learned to put the coins in the top of the piggy bank, right? I'm old school. Okay for a lot of you guys you're conditioned to understand that the digital number that you have Is in fact the main contributor to your net worth So it may be harder for some of you guys to visualize your your money taking on different forms Different forms of money whether it be in the form of fuel for your truck or your car in Way of a of a sunken cost the food that you buy, right? You have to provide yourself with food whether or not you justify the more expensive organic food Or just the regular food or you pull back on the budget with regard to your restaurant Habit, okay some can cost with the food fuel bills Living expenses health insurance dental insurance things like that. Okay, I can justify a few things in that category A lot of people will be like, well, what about my shopping budget? Okay. Well, unless you want to be part of a nudist colony Okay, you're gonna need some clothes to cover your tits. All right So Do you want to be aggressive? Okay on the application in that sunken cost category when we start looking at Justifying everything under the sunken cost category and your inflows come in and at the end of the month You have nothing left to allocate to other forms of of your dollars That could be that could be problematic and a lot of people will say well Ryan I only make five thousand dollars a month. How is somebody supposed to live on that? Okay So funny people's perspective on what they think in this in this life that they need, okay? Your basic minimum threshold to be happy and breathe air and drink water You can do for relatively cheap. Okay, and I know you're probably wondering like God dang Ryan What do you got in your freaking flask there? It's ice water riveting stuff, huh? It's absolutely riveting It always amazes me what people think they need to be happy Really does I look at some of the sunken cost as being in fact luxury cost the very very fact that a lot of countries They'll tune into the independent investor channel I am domiciled here in the United States the benefits that we have here on the channel are They're they're undeniable. Okay, where a lot of those sunken costs really the opportunity is right there for you to grab Okay, so if you want to tune in to the independent investor channel and you want to get sympathy You're probably not gonna get a lot of that from me In other words the bottom line takeaway for you is you do have the money like let me say it again Oh, let's see me rewind you do have the money Okay, you have it and I don't care if it's as little as $25. Okay a lot of people will be like I can't get ahead on 25. I beg to differ run the calcs. Have you ever run the calcs? Like man that Ryan guy He says I can get ahead 25. What's it gonna be worth? I've got 30 years. I've got 20 years What could it mean if it's 10 years guys? It's just basic math run the calcs See what type of forecasting you can do to understand where your money could be Into the future if you looked at your budget and things were tight and you needed to parlay some of that money off the top Right, so just it's really all about the discipline. Keep that theme in your mind when we're talking about these little Discipline elements. It's not necessarily that you need to tune in and and you know by all means take notes I mean you guys know and I very rarely show this on the live stream, but I'm I'm I'm crazy This thing is full. It's full of my notes. Okay, if I just look at all those notes. I'm a notepad fella It's kind of the ability to take the raw product out of the head and get those ideas down I do this with portfolio building. What kind of portfolio look like I did it with my crypto Thing whatever the hell that is. It's gambling. Okay as an independent investor channel affiliate I get that monthly cost waived So you guys that are channel creators that might be something for you to look at if you're interested hit me up I'll send you the affiliate link. I get a little kickback. I guess for it I don't even know what I get but just by signed up with the program if you are a content creator You get that monthly fee waived. Okay, so kind of a cool deal So if you do have somewhat of an established channel, you can get that 30 bucks waived Which can take away that two and a half to three percent management fee that even the grayscale ETF is Going to charge you to enter into I just manufactured on the top end with the top three cryptos in it So but anyway, I digress guys. It's great to be with you guys man. It's super cool I you know, this is a topic that It's where I earn my salt a lot of people hit me up and they're like, you know, thank you Ryan You know, I need a little motivation This isn't easy for me. You make it sound easy For me it is it is do I enjoy watching my money go down? I Guess a joy is an emotion that of which I seek out joy in my life and a lot of capacities But I don't look at stock market investing to render joy Mm-hmm, mm-hmm, I don't look at my Johnson and Johnson holding to render anything outside of the capacity of what I think that It's capable of rendering My dividend portfolio as a whole I don't look at that as being capable of rendering anything outside of what it's capable of rendering The only account that's up week over week this week is in fact my passive Portfolio my little TSP that could I just hear as of late for you guys that track kind of what I do I went from 10% Allocated out of every paycheck and a lot of you guys man might might look at that and go gosh That's a cool goal to get to and you're absolutely right if you can hear me out on that I did 10% for quite a long time and that's a pretty sizable amount a few hundred bucks anyway a month that that's pretty good I mean that those are dollars that I surrender to a stock market investing dollar cost average program I could just as easily take that and buy two hundred dollars worth of Ben and Jerry's look at all the Ben and Jerry's that I'm Missing out on right. I mean I'd be 600 pounds maybe more if I ate chunky monkey every single night, but I Just find more value in taking those percentages and allocating them to a passive program I've just up that to 20% So what does that mean if the stock market goes down in my this sucks man? This independent guy freak. He gets me all fired up about the stock market I tune into him like clockwork every Friday and my stock market is just not working out man My portfolio it sucks man. The value is less than what I bought it for It's red Ryan. What do I do? It's been nine days Remember the program I'm gonna give you some of those tools to help you I don't mean to pick a little fun But yeah, I do because for the most part people need to either grow a pair or get a little tougher Okay, stock market investing every now and then is gonna throw a really really hard or right hook And it's gonna hit you in the temple Just like life will right no BS no smokescreen I tell it like it is and yes indeedy the stock market is really really good at throwing those punches And it throws those punches when you're off-guard Mm-hmm, and I think over the last 12 years I think there's gonna be a lot of in retail investors that get a rude awakening and understand From my perspective in my lens when I look at the stock market, it looks like a stock market to me That's still teetering on all-time highs I take a little more abuse in the portfolio because I've got a really really big green Abdomenable neon green monster in my portfolio. So when it goes down 50 cent the portfolio suffers at an accelerated rate That's no problem. I'm making a move here. I May be a hero. I may be a zero If I do become a hero I'll get to come on to YouTube and wear a neon green suit and jump around and dance around and Portray myself as the greatest stock market investor of all time because I got lucky on a stock that I had conviction on I have to think on that a bit actually Stock market investing is fickle. It's funny Like I've built up the opportunity to enter into this position for years and years Right. I bought more in the position today. You'll see that when we declare the portfolio as a matter of fact That's a phenomenal segue into covering what we've got here and and go ahead and Demonstrate to you guys the capacity of our losses The real takeaway here for the update week over week is the amount of cash We've obviously moved into a very very cash-rich position in all in all fairness the bottom line I liquidated a lot of stock. I liquidate a lot of stock on Monday. Actually, I liquidated some stock today Took some profits put it to the side. It was more of our of a risk allocation move Do I think Google can continue up yet? Yeah, I do. I sold Amazon Google Facebook took huge profits I've been able to render just shy 30 on the swing trading Strategy that I deploy that's one arm of my strategy So that will help buffer some of the risk that I have on the table with the big slimy green monster highly on Be really good. I I hope Lewis Lewis and me are buds now with highly on men He's gonna put a good word in with with the green the big green six five monster Thomas Healy I just resolicited that interview. He needs to come on and talk to me I'll provide a different interview than what he's used to I Really will Yeah, it'll be a lot of fun man, but anyway, we resolicited that but yeah You know, it's the place in the market where I see value and and again, I could be a hero I could be a zero in the eyes of YouTube. I could really care less about appeasing the YouTube community the grander YouTube audience, but I Think I'm sitting on the opportunity of a lifetime that's just what I think and there's a lot of people that have the same conviction as me and We'll continue to operate on that conviction if we give a few thousand bucks in the short term back Remember what I said I'm more interested in holding the bulk of my shares as I base this position out of lowered my cost down to 1240 Here the stock is at 950 or so it settled out today. I'm totally happy with that Okay, now when you own such a huge position the move in pennies makes a big big deal So perhaps maybe I suffered a little more than than the next fella and again, you could probably think and God this independent guy He's crazy. I'm gonna go over to Stefan's channel. I'm out of here, man This guy this guy is gonna get me to a million subscribers to whatever the hell that means I don't even know the social media thing is just absolutely a shallow feudal joke in my opinion But anyway, we're down just a touch feet grand in the portfolio. We've trimmed back to just a half a dozen positions And here's seven total. I'm happy with them I think one of the key elements that I'll roll out to you guys is the dividend element I think that's really really an important defensive strategy Perhaps going into the fall here, which I think it's got a potential to get kind of cranky And and I've said many many times this August for Barron's roll-off I think the market right now for real estate is enough to provide a systemic shock If it happens quick enough to the stock market's happened before it can happen again It doesn't take a whole lot You'll have every pundit that's been hiding behind their rocks for the last 12 years come out Want to pile on to the stock market and remind everybody about some of the problems that we have On a monetary basis. I don't I don't think inflation is going to be too crazy It's supposed to moderate through the rest of 2021 Whatever if you're bullish on the market long term and you've got $1,200 In the market as a beginning investor right now fret Okay But if you're looking to take some risk off the table if you've got a six-figure portfolio 1.25 million half a million whatever it is Nothing wrong with taking a little risk off the table. That's what I've done a lot of people are going to be like you suck Ryan you trying to time the market you bastard That's fine. Like I said, I'm not trying to appease you I'm just sharing what it is that I do big difference big difference. Yeah, and I typically win with my instinct Here's another cash rich position here 20% in cash. This would be what I would consider a cash rich position I had about 111,000 in cash So a good cash pay dirt a good one these stocks that are rendered profit in this week All profit-taking initiatives big actually there was a unique element of my growth strategy and I I think the chances if I was going to give myself a grade on the move It's a portfolio move not a grade or a discredit on Amazon or Facebook and Google I think all of them are going to go higher Google reports in 12 days. I think they're going to blow the numbers out and they'll probably go up 200 a share I don't know. I don't I don't really cry about spilt milk as far as that goes. I was up huge in the position I was up huge in the amazon position. That's spiked up two days, man So I really swung trade that really really quite nice. I banked a lot of profit on amazon I'm currently out of the name. I'll monitor it. It's fine. It'll probably go to 4 000. That's totally fine, too It's it's no problem. You guys will get a sense of how I Massage this beast, right? I need to grab the bull Really? I try to do the crocodile Dundee Right over its forehead trying to take control of it. No, these are just um easy strategies that I deploy I've deployed swing trading strategy a long channel the same stocks, you know, just this month I was down 500 in amazon Um, did I ship my pants and sell the stock because amazon's going to zero? No, of course not Of course not hold on to it wait till it swings to the positive boob render your paydirt $400 off the table good to go google same big profits Um, I did end up selling microsoft and apple again. You guys can be like, oh, you suck, man I'm unsubscribing from this guy. You got to own microsoft, man I Do in a lot of different capacities and I can tell you what stocks do go up And they also go down and god forbid that microsoft or apple turns south on this market God forbid they both do And and that's going to pull the big indices down you mark my word where the market goes Where apple and microsoft go the market will follow no doubt and we've just accelerated in the last two years The market cap of each respective at 2.1 trillion for microsoft. It's just insane Market caps on these right. I just looked back at the s and p 500 two years ago was half of where it is now Two years in in the eyes of the stock market That's actually right in that short to medium term If you're looking to put the lens and perspective on the stock market in the way that I have I sold voo and yana in my wife's account Because it's just it was a profit taking initiative. I was sitting on a six hundred dollar bill I went ahead and render those profits. I'll fight. I'll live to fight another day. I own the s and p 500 and in other In other layers. It's just basically peeling back the layer that I did. Okay Roth to here. You'll see some liquidations here. Nothing too crazy I did liquidate out of apple again probably be a mistake. That's totally fine. I wasn't happy With the level of risk. It was amazing how I liquidated to be on the dot 81 and 19 81 at stock And 19 percent in cash here. It's kind of interesting I don't get to I'm down huge and so far You know, what what a dog of a of a of a holding quite frankly I put highly on in the same category the stock performance has been dismal at best. It's been quite frankly unacceptable And um, you know, we're investing in the company now for the future We think those renderings will pay off into the future but for the short term it's it's somewhat painful on the growth side. So Is the solution to sell a good quality company like that? Look, I'm looking to slowly step up the ladder toward my goal Okay, and if that just so happens to be a few hundred here a few thousand here a few thousand there from year to year No problem If I feel like the market is overvalued the s&p's trading on a trailing basis at 40 times Forward earnings is looking at about 22, which is also historically high Right. So again from a relative perspective if you're sitting on $10,000 or less may not be quite of an issue for you Look at the dollar amount in the portfolio 25,000 50,000 100,000 Adjust accordingly, right? There's a plan that you can put in place on a positive scale To adjust in in any capacity. There's things that you can do proactively and with a level head Free of emotion that can make all the sense in the world for an individual investor, right? If it's you singularly or you and a spouse and representing a household of of household wealth There's all kinds of cool things that you can do with wealth building. The last thing you want to do is freak out And and start cursing the independent investor channel up and down Brian you're terrible You'll be back This is where I shine actually when the market starts to get a little cranky for me It's felt a little more painful over the last few weeks I've had a few value stocks kind of roll off and it just feels a little bit Different to me and that there's a little bit of grumbling going on in the market Yeah, this is the way it feels to me So you can see that's indicative of the cash position that I got ahead and the spark line there Provide some indication whether or not we're down week over week. So we're down a little bit here on the spark line So this is the passive portfolio with the 11 sectors Sector specialty ETFs will continue to dollar cost. I'll monitor this if it goes down too far I'll start to lump some by this up because I really like this ability to add to the m1 finance portfolio on a dca basis And here's the dividend portfolio still hanging out around 20 grand. It's off a couple couple hundred bucks I think week over week nothing too crazy. I don't monitor this throughout the week. Okay This is one. I absolutely do not monitor at all This is the passive element This could be a Layer if you're looking to get value out of the channel and you're tuning in for the first time If you've got that 401k 403b 457 if you're employed and you've got that opportunity to contribute to That especially if you have that matching element, right? This is indicative of what that layer could look like for you. You don't need any help Um, I just gave you the answer free of charge. I'm not going to send you a bill All right, it's free of charge. It's the beauty. That is the beauty of social media. Unfortunately when I tell people Hey, let me catch a financial piece on youtube. They're like, no, seriously I'm like, yeah, I run a I run a little nevermind You know, it's like really This is not well with all the idiocracy on social media that's so rampant It's kind of hard to get a very genuine message like mine out because I'm not really not looking to get anything from you. I'm very open with the affiliate opportunities I run through the channel Click on the link if you don't don't you know unsubscribe from the channel for all I care again I don't I don't watch other financial youtubers anymore. I don't it's just it's just a waste of my time I spend the majority of my time focusing on my program And I would expect that if you want to take a card away from the independent investor channel, that is it for yourself Start to try to figure out From the most simplistic terms Start to adopt some of the disciplines that I talked about in the course of just this live stream They don't change the disciplines don't change. They're not wishy washy. They're set in stone, baby They really are and you can take those disciplines And you can make them apply they can apply to the masses. That's the beauty of the message really is it's not Hey, I've got all the answers You need to come and listen to me with a pen and a paper and you need to Copy everything that I say down That that's not that's not healthy and it doesn't exist as much as people want to sell you on that Maybe existing in reality. I'm here to tell you that it doesn't it doesn't exist I think there's so much shit out there, man. It's just like Rampant it's like a big big social media sewer system And it's constantly inundating you man constantly flowing through there is no shortage of manure coming through social media Everybody thinks they're really really smart and the fact of the matter is most people are full of manure So they're full of it. Yeah, they're full of it I got a little manure myself But I try to rid myself of the manure cut through the chase cut through the manure like biff and get to you guys right because There is an element of truth to what i'm talking about and if you come out of a live stream and you're like Maybe think about a few things right on man. We're making a difference and that's all I can ask at the end of the day So we added to our highly on contracts today We had a lot fat position I had some Puts put to me at 11. That's fine my cost basis was over that anyway, whatever I don't care if I buy the stock at 9 50 or 11 whatever Um, I've got some leaps on highly on as well 10 contracts 10 of each 12 50 and 10 respectively on the strikes Okay, uh, I think I bought some shares outright today. I think I plugged another 400 in there. No big deal Very cool. It's where I see value right now super excited for the rollout of what's going to be coming Into the fall time And into next year exciting stuff. Glad to be a state shareholder in the company And here's my big bit corn. This is lovely. I did a 60 30 10 split within. They're very very simple So whatever money that you do I did transfer the account minimum over I don't recommend this for the faint of heart This is the one element that I throw out there just for an entertainment piece Remember how I always say at the end of the day that the bottom line is about money I could lose all this I could lose it all and do I want to? No, of course not. I don't I actually you know bitcoin and ethereum. I think with cardano It was a little bit more of a of a pick the the dog with the least fleas wall street type of perspective, but I think bitcoin and ethereum especially ethereum. I think had I Bit a little bit more convicted on my due diligence, which I'm not a crypto expert, right? This is this is the way that it played out. I'm much more bullish on bitcoin based on the due diligence that I was able to do Ethereum certainly 30 percent. That's a nice strong position in it and we've become investors in the crypto I'm not looking to trade this could I yes, I could But I'm looking to invest in this long term. We got about 90 95 percent success ratios Of those crisp crypto investors that make money over the long term. So we'll track it. It's fun right here So I'll be eating pinto beans lima beans for the rest of the week since we were down in the portfolio I'm in a boycott that independent feller Steered me in the wrong direction. God dang it. My buddy told me that you got to get invested This is the greatest stock market in the history of the stock market. My god. I'm down Try to digress a little bit take a little portfolio take a little perspective I am a single income household earner. Okay that just recently changed. We've been very very blessed. We finally Broke free and after a good year and a half of job searching That's changed and we're very very blessed in that capacity and my wife's going to get to I mean We've been investing in the kids right for a long long time And that's we don't know what to do with that because we're so used to working off of a single income family So when you look at this and you're like, oh ryan, you must have a nice big big silver spoon jammed up your backside Couldn't be further from the truth. I don't come from money at all I I come from skinny dipping in a pond naked and you know killing bees with mud patties Growing up that was that was my life growing up And I spent 90 percent of my time outside digging holes in the dirt and getting familiar with tools And and so Why do I say that I say that because anybody can do it? Okay Anybody can do it these accounts these larger accounts even though they've pulled off for the week Right, they started with $1,500 and we've grown them to six figure Portfolios in a relatively short amount of time you look at it and you say 16 years. That's too long I want it next week ryan. I can't help you there. I'm sorry But the truth of the matter is 16 years ago I will cross In three days that my 16 year mark with my current affiliation Couldn't be prouder couldn't be prouder because when I joined that affiliation I was telling a colleague of work today. It saved my life. I was half depressed I really was I didn't have any stability in my life No, I knew the power of money It's just that I didn't have a stable flow of money and I knew if I had a stable flow of money That I could render Extremely impressive results and and quite frankly, I'm proud of the renderings, right? So week over week again, I don't I don't go on tilt. I don't lose myself, you know and start thinking of all the ho ho's and twinkies I could have bought I don't do that because there's not really in this life a lot of things that I look at that I can justify owning Um outside of stock in real estate and you guys might think I'm crazy But you know outside of buying stuff from my kids and my wife and and taking them on vacation and that type of thing Um, that that's that's really right there at the top of the list of things that are very very easy for me to justify Man, you're putting a lot in the speculative company Ryan. They don't make any income You're missing the point. You're really missing my deeper deliberation on You know, it should be really like man, that that's a little rich for my taste But uh good on you for taking a shot Ryan Right pretty awesome. You advocate for the retail investors, man And I I think there's some people out there that are probably pulling for me I do there's probably some people out there that would love to see me fall in my ass and and that's I can't I can't control that Okay, I can't at the end of the day I don't expect anything from you that I don't expect from myself And that is to be a self-starter To be to be a self-regulating entity, baby to be an independent investor means just that You don't need validation from anybody and I'm here to tell you That's closer to the truth than trying to find that perfect recipe of youtube channels in that cooking kettle Right that you're trying to taste to get perfect to get that perfect moonshot to the to financial security Mm-hmm. Mm-hmm this message it applies to the masses. Let's get to some comments, baby For sure. Let me cruise down here and see who's in Eric weebers and the group it's that gives a thumbs up. I think that's a good thing I think that's a good thing. It's a heck of a thumbnail. I like it Well, welcome to you, Eric. Very good and all good. I think is probably says she says I'm a winner Uh, I am a lot of different capacities and you know, what's funny is I declare that number of the portfolio with regard to financial um success I've always defined success to be the the degree of separation on what you were destined To achieve and your ability to separate from that that that predestined amount To what you can kind of manufacture through your free will That is the success. I'm not going to rewind that because that was a pretty deep thought by jack handy but um That's the key is you know, what if if you gave people my scenario Would they be at that number? Maybe some would be much greater than it. I beg to differ I've worked very hard. I've had some wins. I've had some successes by nature of putting some risk on the table And I think you know, I I talked tongue in cheek about rendering $1,000 of swing trading profit to three $1,000 swing trading profit to $500 swing trading profits just this month on amazon Would those have been possible had I not taken the initial risk in the first place The risk to take a good company like into a downturn and realize that it's probably not going out of business Yeah, you know those renderings are not possible unless you're willing willing to put some risk on the table I'm not saying be stupid, but there is a very very critical ingredient to that equation if you're going to Have some success on in in any strategy that you deploy in the investing world You're going to have to put some risk on the table very very key And I would say that a lot of the risk that I put on the table have rendered the greatest Greatest rewards that I've ever got. I can chalk up the experiences that I had On the boat up and down the coast it put me in a situation to meet my eventual wife All of the things I did to say, you know what I'm in a dark place right now Um, I'm gonna show up to boot camp and I'm gonna make this a go and they're gonna see a side of me that perhaps maybe They're not used to seeing in individuals because I I do in fact have a fire And I think there's people out there that can resonate with that man If you feel like that internal motivation is there for you man, it's it's it's it's great I can't give you mine, but I contend that it's probably there for you Yeah, that's the beauty of human beings and you know, how we associate and especially how we use This opportunity and that fire for good. Okay So that was a little rant for all good, but she is just all good And she just makes me happy when I see that she comes in here because she's just a heck of a supporter of the channel And I'm just super stoked to have I'm super stoked to know her She's come on the channel. She stayed behind the scenes for a while But since then she's come in and she's said hi to the entire family. So she is part of the family That's just the way it is on the independent investor community. All right Highly on Palantir without youtube Yeah, that's an interesting point Susan I think you bring up a really nice point and that's an awareness piece that I like I'm not going to say that you find a needle needle in a haystack. You won't hear that from me Um, I could lose really bad and I you know investing there's no guarantees But I think from a wear an awareness perspective this stock. I think it's going to be um Satisfying for me if the stock really does work out I'll be happy for myself But I'll be more happy if this sounds crazy enough for those people that tune into me They know the amount of due diligence Perhaps maybe they took a small position of their hard earned dollars And they were able to really substantiate for themselves how powerful the stock market can be Um through through an awareness piece that maybe they found on the independent investor Maybe they found it on j mac investing which is where I found it Right and I'm quick to give credit where credit is due there. Um, I think it's just exciting It's riveting from what I saw in the opportunity and um, I'm glad to be a part of it Yeah, and I hope you guys feel the same. It's it's hard to feel the same Um when the stock really doesn't do what it is that it's supposed to do and that's go up every day The last few days it's been down every day. It's quite it's quite amazing. It's just really quite epic the Um The action that the stock market can dull out remember the right hook on the temple Yeah, don't expect that this is going to be a walk in the park kazanski. It just doesn't work that way. All right Market was great. Absolutely beautiful Well, the brand's been with me a long long time. He's one of the originers Original original patrons on the independent investor channel. He's always got a place in the community. No doubt. It's great to see you Very cool. Very cool. I see 50 thumbs up and not a single thumbs down Let's just take a moment and just acknowledge that fact. That's amazing. Maybe I don't get enough hate. Um, I don't like hate I'm weird I just think if I drop the right f bomb, I would offend a lot of people and I don't like to do that I don't like to cuss at all, but sometimes it it drives the point home Um, I won't be doing that but I've seen some of the youtube channels just this week Digress and stoop to new lows. This is the part of uh social media that I I just despise You know the ability to go anywhere and sell out in a way that's just such a removal of Who it is that you are? You say it's it's it's just a temporary leave of who I am Ryan. No, man It doesn't work that man You can't you can't sell out like that man Just be yourself and it just if it just so happens to be that you You give up whatever it is that you're trying to seek out by doing so And that's the cool thing about this for me and and that that element is what I love to retain on the independent investor channel because I can lay it out there my way and I have the ability to lay it out there There's no doubt about that No doubt about it. All right, smash the thumbs button You got to smash you got to pick one. Okay, some people might be confused as to what uh, what actually is positive for the channel And what is negative for the channel? I I don't know I I got I got I got a lot of love from the community and that's great The people who want to be here are here People who are checking out the message for the first time may make an educated decision as to whether or not it's for them My delivery is not for everybody. Okay, it's not a lot of people I had one person on my highly on video saying man, you talk for 45 minutes You didn't say anything and I was like, well, that's not really true I I talked for 45 minutes and they're like you you didn't say anything I'm like, I don't know. I beg to differ you got to open up your ear ball ear and listen but I I'm not I'm not I'm not one of those folks that Um has one of those polished deliveries and a perfect radio voice There's just flows off my tongue like just the beautiful. It's beautiful I don't do that. No, I don't do that No way There's the t. Sona show. I too deserves the th Yes, I do. He's a big man six five Yeah, and I've got I've got some cool stuff man that I'm gonna throw down With him. It's gonna be a lot of fun, man. What a great kid Could you imagine being 28 years old and running your own company? And uh, yeah, I've got some I got some dig deepers for that guy. I really do I'm just proud. I'm proud as heck. He just he strikes me as a very genuine guy I know I've listened to a lot of ceos and their job is to sell the company I I get that and why shouldn't he you know, I I expect that Um, the whole lack of social media presence, etc, etc It doesn't mean squat to me really there's a he takes it takes it on the chin And maybe there could be some manufactured bits in the stock if they were more social media Outreach and they were more a little more forward leaning with that I just think that they're working on stuff behind the scene that's going to be newsworthy And you know, nicola came out just today and said, hey, we're planning on building, you know Hydrogen fuel cell in nine states. Well, that's great. You're planning on it I could I can think of and plan a lot of things Am I going to be able to do that? Right and that kind of goes along the lines with one of the questions that I'm going to ask thomas is You know, I would like to see a little bit more aggressiveness I would like to get the sense that they're a little bit more They operate with a little more sense of urgency. You got to remember guys I used to work on a boat 20 hours a day. I can dig deep. All right I can dig so deep that I can work until I'm hallucinating and I'll still continue to work Okay, where most people would be just passed out on the galley floor. I'll continue to work, man If the job needs to get done it needs to get done and I and I I don't know If that sense of urgency is there. I just I'd like to understand a little bit more about the demeanor and mood within The highly uncomplex right the day-to-day ops. What goes on be kind of cool Because what is what is the sense right? Do you guys know that you have a 10 billion dollar idea and you're just kind of like Okay, I I'd like you to be razor sharp in your aggressive application and going after your dream Because as quickly as it can come it can also go And um, you know, I'd like to see them solidify their spot They've got it right there in front of them for the taking and I'd just like to see them jam this son of a bitch through And make it happen for you guys and make it happen for you guys Think about a little chop to the chop to the portfolio You know what I mean? Take some house profits. It's a lot funer to invest house profits that it is Hourly wage that you've made every month that mark my word. There's no doubt in my mind. All right much much easier I had cruising up. There was a heck of a galley in here. I do I do apologize a little bit for not getting this there's a lot of new thumbnails in here And uh, this is kind of cool, man We were up to about 90 visitors tonight and I know that it's summertime and I know that the numbers do fall off in the summer And this is usually the time where I take a hiatus on the channel. Hell. I'm gonna be doing this for the next 20 years I'm not I'm not in a huge rush if I can gain like three or four subscribers Per month, it'll probably take me 678 years to get up to 50,000 subscribers. No problem. All in due time It's totally fine. I'd really rather focus on quality and not quantity I've thought about pulling that metric off of the channel because I really just don't care I just don't care. Um, should I have a million? Yeah, I should I should It's not arrogant just confidence. I know In my heart I know in my heart the impact that we could potentially make on those investors out there that can understand Maybe just a few things that I deliberate on with my application a little bit earlier on in life. I'm 43 right now Oh boy, what would I do if I had the knowledge now and I was not 43? I was 23 Right and so that that right there is something that I will not apologize for so Again, if we end up with two or three subscribers a month quality subscribers were good to go on the independent investor channel We're winding it down here. This was a good one. This was a good one. Yeah, I really hope you guys appreciate this A lot of fun, man every 60 minutes You could just as easily watch reruns of the walking dead Or you can tune into the independent investor channel. Watch me free Um, I pretty much, uh, you know freestyle Uh, I don't rap but I do freestyle on the investing opportunity for sure Is he live or recorded again? I don't hold on the teleprompter is broke just a minute. Oh Jesus. This is horrible Now comes right from here man comes from a lot of experience and a lot of understanding maybe or implying what it is I think that people need In the investing opportunity And I think if they can just incorporate this as part of their application as part of their life It'll it'll it'll help govern some of those other things that you do in your spending discipline How you deliberate about big purchases in life, etc What it is that you need to truly be happy, right? I talked about some people raising the bar Way too high on what they think they need to be happy I think that can be a mistake. We'll be back next friday on the independent investor channel for the last live stream in a couple of weeks Um, i'm taking a well-deserved vacation to croatia I and check republic if you do want to continue to follow Kick over join instagram cost you nothing. I post pictures on there I gave you guys kind of a taste of what life is about Yeah And a lot of reason why I do this thing to embolden the network of community members within the independent investor channel Make no mistake about it. I have a significant Deep intricate agenda when it comes to what this opportunity could mean If we just take this financial element and deploy a little bit of discipline in our lives Deploy a little bit of discipline and what it could potentially mean This is just the beginning. There's no doubt about it. So follow me on instagram Certainly, and you'll see some of those postings. That's typically where I put that stuff on a well-deserved three week vacation So we will be off the grid and we won't be offering the live stream until I get back And um, I'm looking real really forward to that. This was two years in the making. We didn't get to go last year But this will come to a fruition Next saturday when we leave So just understand that this next friday will be the last live stream in a while So I thank you for you guys that stuck around for this entire live stream. I really appreciate that I really do Make it make it a normal thing. Okay. Um, I do I don't know what the live stream would be if I just decided to just take the night off and take my wife out to a date or something Now we know how important this project is not only to myself but also the The consumers of the product the product that I sell to people Free of charge, right? It's that empowering piece That if you can get it and you can get it early enough You can make all the difference in your life. No doubt about it guys Thank you so much for tuning in to the live stream tonight. We'll catch you next friday 9 o'clock eastern standard time in the independent investor channel live stream. Be well be safe. We'll catch you next week