 And we are live here at 9 o'clock Eastern Standard Time for the Friday live-streaming the independent investor channel a lofty goal here that we've set out on the channel from the inception to now With one singular goal of empowering one investor at a time and it is a lofty goal certainly is This is a topic that humbles a lot of people It is something that a lot of people engage in and fail at and I think a lot of people out there really need to question whether or not they want this what I think is a very critical ingredient to Meeting some level of success in your investing Profile is that you got to want it You got to want it and I know there's people who sit across from me from a YouTube audience and I'm very intimate about trying to deliver what it is that's going to convey the message It does no good for me to sit across from you and dazzle you with charts and dazzle you with my insights to stock market and Investing and sell you on the idea That I have the answers that nobody else has to stock market investing I think it's a lot more reassuring for me to come on and explain to people that all that stuff really doesn't exist Okay, the stock market is has been and always will be It will always be a place that will not be able to be figured out or or or unlocked or Secrets uncovered It will I repeat be one of those things In in and it always has been and always will be a wonderful wealth generating mechanism however to participate on the level necessary to actually Find success in stock market investing would also take you through ups and downs that will try your patience and keep eligible candidates I eat candidates with some dollars, which is one of those things that I I Talk all the time on YouTube and I can't generate money for you whether it be through an income Whether it be through a career whether it be through a business. I like to Start with the preliminary Assessment that there are people out there that have generated some level of a salary return to themselves overtime and Once we start from that we can start to break down avenues to allocate Funding specifically on the surplus side To an investing in a wealth-building regime now when we are dealing with eligible candidates out there that make money A lot of people have to look at it and they have to justify why they do what they do for themselves Spending habits poor discipline the temptation of credit those things are ever looming Especially in a consumer driven society you guys know that I've been on a leave of absence for the last couple weeks I do not expect a very robust following tonight. That's totally fine I'm one of those guys that does social media for the benefit of others period if others cannot find the benefit in the message I Would cease to Convey this message through social media. Here's the thing. I come from scraps. I Come from the dirt I'm very aware of The stock market and its capability to dole out disappointment To dole out disappointment that is far too Difficult for a lot of people to overachieve in other words the swings of the market To stay true and steadfast another necessary Ingredient to stock market investing that a lot of people would look at and say You know, you're absolutely crazy Ryan for making this making the stand Over the last couple of years the investing markets have been very volatile. I've chronicled it to a tee And at its low we were removed of a hundred thousand dollars from where we are now We gave back a little bit this week to the tune of about ten thousand But throwing those numbers around especially to a retail community Speaks to my insistence on breaking down barriers to entry to a game that I think a Language that I engage on is much more aligned with what a retail community can expect from investing and All too often are pitched against an institutional Community that has all of this stuff Down to a tee Retail investors are out of disadvantage because we don't do this every day. Okay So the question becomes well Ryan Can I as a regular fellow an electrician out there a truck driver somebody who? Carries a regular job and wants to do more to a 401k are there avenues that we can put in Place that are fit a little bit more in alignment with what my profile not an Institutional profile that is investing other people's money and Doing so for a fee The answer is yes, and the whole goal of the channel is to identify what it means to be an independent investor and I will just tell you up front one of the most critical pieces to my message is that Successful people Are the most eligible to become successful investors? I have taken on a little bit more of a holistic approach to the independent investor channel to my To my discredit I might add and and to my demise a little bit. It's a message that I Have embraced over the last couple of years to talk more about health and well-being and Dietary health and really becoming that more well-rounded person To to make it easier to become a better investor, and I wholeheartedly believe that to be true I think that the people who are and I'm not here to judge But I will say that there has to be some level of basic interest in Wealth building it started for me at 15 years old. I didn't come from money. I Appreciate money probably more than the average bear, and I don't mean to offend Whatever appreciation you can gain from what it is that you've been able to either Manufacture in your own life or sacrifices that somebody has made for you To allow you to appreciate that we've got a pretty good gig I've been in a broad all last month and was able to glean a perspective and I always come back with a much more clearer perspective about The opportunities that are available to us how we all too often dismiss those opportunities How we all too often? ignore the opportunities at the expense of or and Really just a coming to the whims of temptation that are much more Available to us through spending through keeping up with the Joneses and failing to identify Our deficiencies and spending but furthermore the importance of of investing and making investing more of a priority I Said at the top of the live stream a necessary pedigree for you to succeed in stock market investing is Going to be quite simply your desire to do just that. I cannot stress enough how a Successful investor will make it part of their life They will make it a point to monitor financial markets, and it's okay I think there's a misconception for retail investors that retail investors are all too often wishy-washy And out of the market attempting to try time the market You know, there's been a real run up here just as of late in Nicola motor stock And it's been interesting to watch CNBC has jumped right on Nicola and has talked about retail investors being the primary driver For jumping into Nicola motors now I don't know that to be true or not But what what a bold statement to be made especially if there isn't a lot of merit to that My point by sharing that through the community is you are already deemed an idiot Okay, I Will not patronize I will not make fun of nor will I impugn your capability because your Capabilities in my eyes are grander than you have been able to identify for yourself This is key This is key in understanding the grander perspective that is necessary to succeed in wealth building to understand that Your very definition as a person has nothing to do with the pile of green paper that you have So what I would advise you to focus on getting yourself right Before you engage in this discipline because it will try your patience It will tempt you away from discipline In the face of markets changing and my friends over the last six or seven years of doing youtube I think we can all agree that we have all experienced quite a significant and radical change Along a spectrum that if I were to tell you that I would be able to define that spectrum going forward Ie incurring one of the worst global pandemics that was inevitable in our future By incurring a crypto cryptocurrency craze unlike any other The fang phase the SPAC phase right Higher interest rates Stimulus packages unlike the likes that we have ever seen in the history of the country And and here we still are Navigating financial markets or thinking we're navigating financial markets in a way that is supposed to lead us to a positive end What does that positive end look like? um Are we limiting the mistakes enough to set ourselves up to give ourselves the very best chance Of achieving that real success uh into the future Are we going to have a few marbles rolling around upstairs enough to where our insanity is intact enough to not only appreciate But also to enjoy the fruits of our labor right All things to deliberate around when you are looking to sharpen your spiritual spear in life because The financial wealth building application. I have been doing it now for 28 years of my life 28 years I charge you nothing to come into the independent investor channel That's why I always take a small glimpse sometimes up at this at the subscribers Or the patrons to the friday livestream And I think because I am an unknown entity, right? I was outside the today show this morning down at Rockefeller center and got to meet al roker And I just stood back with the perspective that I always do and really the introspection Then I always come to the table with and I'm I'm like, you know, this is kind of crazy Super good guy, but it's so funny all these people that show up every single morning To pay homage to somebody that they don't even know And by some of the colleagues that I was speaking with some of the admissions are that they're they're actually kind of rude people But I found it funny how these rogues that people were standing me being one of those kind of paying homage to the body of work that's been put over and I I think sometimes people all too often are quick to pay that homage to others Rather than acknowledging What it is that you as an individual bring to the table for yourself But when was the last time you really gave yourself some some credit for what it is that you've done or initiatives that you are working on or thoughts that you have Have have have looked to pursue and are kind of starting along the path of that Realized visualization in your life I don't know. I think that's for you to answer. I'm a steward of that application. I'm consistently Trying to compete against my best aversion of myself five years from now And I aspire to those If you had told me five short years ago that I would have went from a quarter million dollars To over a half a million dollars in that same time period quite quite a bit less than that I would have said you were crazy Now I aspired to that to be true But here we are now aspiring to the next threshold and when that's going to happen my friends Is anybody's guess? There have been mistakes along the way if you think you're going to engage in investing and be free of mistakes You are sorely mistaken some of the best people that I've ever engaged with In investing Remember those scathing mistakes a hell of a lot more than they remember their successes in in stock market investing Um for for for you guys that um are holding amazon right here. Congratulations. Kind of a highlight from the week I thought certainly I do see matt Money in the group here. It's great to see matt a good friend of the channel has been for many many years And would agree with the sentiment of kind of pat yourself on the back every now And then when you have those successes not being quite so hard on yourself when you have those failures Because in stock market investing my friends stocks will go up and they will go down And your mistakes both to the positive and the negative are alike inevitable and they are to be expected not feared You do not shy away from your opportunity with investing rather embrace the opportunity and look to buffer those milestones barriers And challenges that you will have to overcome during the course of your investing career And there will be many the independent investor channel helps to infuse that fire for you as an investor and helps really level The expectation for retail investors where The public perception of retail investors would have you believe that you cannot succeed I am here to let out the truth And the secret that they want to keep Because the last thing that we need in this country is a bunch of empowered people Who understand Why it is that they have to empower their money to work for them while they are working for their money It's a very very powerful thing and if we can have the masses understand the power Of passive investing over time I think we would have a much more dynamic society I would feel like we would have people that felt like they weren't under the thumb All the time and could potentially write their own script as opposed to having someone else write it for them guys Thank you so much for tuning in to the live stream. We'll be back with you in just a moment It's a great opportunity to touch base with the subscriber community and the independent investor channel It's been a proud proud couple of Five to seven years and in perspective The time has certainly gone by quickly. It has doled out A very interesting evolution as we chronicle the path for not only myself and my investing career There is no stone left unturned with regard to The portfolio strategies that I am openly And do frequently Share with the community so that you can understand How to invest This is something that people come to me all the time. I want help with investing and I typically will Invite them to come back multiple times because If you truly are invested in yourself and you're invested in the idea of stock market investing and building wealth for yourself Then you will seek out this message and as I look up and down the patrons of the live stream There's so much devotion and a root of devotion and whether or not there was a couple of people who come in on very friday um is is really Is really irrelevant in my Substantiation justification for doing the project in other words I make seven figures now. I'm a self-made millionaire The content becomes much more valuable when that milestone is met. It is Worthless now Why is that? Why is the content and Chronicling the journey when I talked about becoming a successful person first and then a successful investor I'm a successful person now I have been for 20 years Okay, I will be the same person When I turn out that seven figures and potentially even with the help of the real estate initiatives that I have to turn out um the eight figure mark if it ever happens, but Why is it that as a society we judge those types of things for you guys that are getting to witness the uh evolution of an individual like myself Who has the ability to break down? Scrutinize evaluate and share the journey with you um, you're lucky for it Look if you Or anybody else on social media Had the ability to break down the journey and share it in the way that I do I would watch them And I would be so half-tempted to just kind of wrap up the project in and of itself because it's really the relationships the networks um and the ability to uh create content that I absolutely love I love the ability to turn out um social media content and the capacity that I am that I am now With the paid content on the channel I know there's a lot of people that would maybe scoff at that and think I should just do eight many videos every day I don't make any money in that and my time is just too valuable. See here's the thing guys I will be at an end Okay, if you doubt my conviction and you doubt my motivation Fine, it's it's your prerogative to do so Uh, I would discourage you against that type of judgment and potentially look inside What it is that you are bringing to the table with regard to you rubbing together a couple nickels and getting to that first $10,000 of invested capital Why because I have people in my community that are emailing me dm and saying ryan I'm at the $75,000 threshold. I'm at the $100,000 threshold. I'm at the quarter million dollar threshold Many many times over So with each new validation and testimonial within the channel of retail investors Yeah, retail investors idiots complete morons who have no business whatsoever Building any type of sizable wealth. Why for the sheer reason that society would have you believe that you cannot do it Okay, but they're doing it They are doing it I have no reason to believe that these are fake dollars no reason to believe right Now I share some of my um speculative angle with you guys, which is a fairly small in relative sense a small portion of the portfolio We continue to share those and double down on them. Some appreciate it Some don't but it's true These are true aspects of the portfolio What I've kind of moved away from is picking stocks Sharing that picking of stocks with others And it has been to my detriment on the channel. It has been to the benefit of the community Who knows that every friday I can come on and deliver a live stream and talk fundamentals talk psychology over the stock market philosophies about different strategies, which is far more valuable than Any top three stock picks that I can blindly throw out there on social media Only to have you not understand a whip of why you would enter into any of those specific offerings And fail in that I have done you a softy And that I find that there's probably a hell of a lot more value than may pour in a cocktail and coming on And just talking through weekly philosophies with you as it relates to the grander life Evolution because that's what it's all about. This is a snapshot in time on a friday live stream And we need to keep it in perspective and understanding that it is just that seven years is Really an insignificant snapshot in the perspective of an entire life I lived an entire life before I started doing social media and I expect to be doing social media For the remainder of my life. However, if I chopped it tomorrow, I would have a significant amount of life to be lived So what you guys are understanding about this is a snapshot in time From an individual with 28 years of investing experience And can summarize it in small bits and pieces of what is Important and I always try to put myself in the position of the subscriber sitting on the other side of the camera really waiting with the desire to want to do And just a breakdown of the a's b's and c's of investing and hopefully we deliver on that front Some well-wishers in the group here is a phenomenal trip to To europe Anybody on the subscriber base is willing to hit me up via facebook I encourage you to do that some took me up on that a month ago and They were able to kind of follow the journey man do it I don't do obnoxious pose. I don't do stupid posts of my dinner plate. I don't do that What I do is I show The photos that I felt were prudent in the areas that I went northern Italy Lake Garda beautiful Milan drop dead gorgeous in italy prog checker public carlo vivari checker public uh venice italy absolutely stunning rieca croatia which To give you some insights and to maybe give you some things to think about I think a lot of people live day to day and You know don't have dreams and aspirations. I hope i'm wrong I I hope there are people out there with with aspirations realistic aspirations. I might add Okay Retiring abroad is a realistic aspir aspiration of mine that I could probably take up At any time to be honest with you because the quality of life over there is Significantly more simple and a hell of a lot more scaled back than it is here in what we have determined to be normal And I get the perspective every time I come back from europe to the united states that this is in fact not normal We operate on a level to aspiring to what in this country We fail to understand what truly is important the most fun that I had abroad And the activities that I was engaged in that were the most fulfilling cost me nothing cost me nothing The expenses to get to those nothing activities tolls parking. Yes The pain and suffering when it's 110 degrees in melan Very very hot There was a heat wave and we got a few breaks and we're able to kind of manage the vacation in a way that We were able to really put something together epic and and we pushed pretty hard. It's a lot of work to do that but Those expectations for me to partially be abroad When I retire in 12 short years I just hit year 18 last Last month in my career They say that year 20 is a big milestone for me. I couldn't disagree more I feel so good. I'm so happy to be alive Life is just an absolutely fantastic journey And I'm so so happy to be sharing the journey with you guys whether or not I had you or not Would be irrelevant as to you know chronicling Where it is that I I think we could inevitably be in in five and 10 and even 15 short years When I've got that target retirement date of 59 and a half reached which is my personal Target date to retirement you can have it you can borrow it you can put a bow on it. I don't care But to get your mind wrapped around About thinking about what you want to do later in life is is one of those key components to the critical breakdown of Stock market investing. So we talked a little bit about expectations about stock market investing Just about six eight months ago. Maybe a year ago when I was coming on and I was saying and things are pretty bad I was There's a 420,000 maybe unless then that 416 412 which is Significantly over six figures of of of retraction in the portfolio having gone over the half a million dollar mark How many people out there could have could have weathered that storm? Truly ask yourself I had Matt reach out to me um Even further back a couple of years and he says right and I've almost lost it's not lost more than what a house would cost in a in a reasonable market And you know, hopefully my words transcended. I I certainly don't mean to you know downplay the acknowledgement of Of significant paper losses in a portfolio not realized, of course We don't talk along those lines and neither does matt but just to sit back and say wow You know, we're we're sporting a 250,000 dollar retraction of the portfolio. Is this normal? I think a lot of the standard dialogue that we would apply to stock market investing really just doesn't have its place at all You know Is it abnormal? Yes. Is it unnatural? Yes Can you fix it with a motion? No Is it is it commonplace? No Can you put rigor and and and effort into willing your portfolio back to something special? No That there's nothing natural about stock market investing It is all mechanical in nature and it is a learned discipline I've been learning it for 28 years I don't have near the answers outside of what I share with you guys every Friday And hopefully you find value in that Because the stock market investing Methodology will keep you guessing Keep you questioning Keep you on your toes if you pay attention You invest in a 401k, right? Put money away ignore it which is the prudent attribute to passive investing And there are a lot of people out there that would nary a fine value in my channel because they In their purest form have bought into the idea that their 401k is going to be sufficient when they retire And they're probably right They will deploy discipline Far more successfully Than an investor that is ill prepared to monitor financial markets with the whim to act upon their observations Of stock market investing day in day out weekend week out month in month out Which is irrelevant in the eyes of the stock market. We had a pretty poor week this week I thought coming off of what was 17 out of 18 updates in the Dow. The upswing was incredible Yeah, so we came off those bases and we swung forward about 525 thousand dollars in total portfolio value significant moves in most of the stocks um, I My strategic buy if I gave you just the uh swim lane of entering into financials At the time that I did, you know key bank was trading at six times Forward earnings. I think goldman sacks was just a little bit north of that at eight times. I bought a big swath of bank of america I've always held jp morgan chase I've always held smaller positions in some of the other canadian banks bank of Nova scotia TD bank as well as the royal bank of canada, but I thought financials had gotten so beat down And of course, you know, charles schwaab has to get cut in half because svb can't take care of their books, right? so I thought it to be a Prudent opportunity to enter into financials and that's what I did and I've profited from it I'm up significantly. I was up 30 percent in key bank before the retraction here But picked her up at nine dollars and 25 cents or so is just really really pathetically low To take those opportunities felt the same about the entrance in amazon A few months back and certainly being rewarded for those maneuvers This week with the validation on the call The apple earnings are are a little bit interesting and that they beat in the top end, but the The revenues have decelerated over the last couple of quarters You know, it really just Begs the question. Do you want to own the stock outright or do you want to have the seven percent exposure that apple has? over the smp 500 Those are both good options my friends. So i'm not going to sit here and revolve around descending Revenue excuse me. Yeah revenue quarters over the last three And and chalk that up somehow is to be a bad thing if you go back and look at the charts from Let's say 2007 until now Apple has made people wealthy Right and that's just 15 year years removed of that snapshot You know just to put some things in perspective for you apple's a phenomenal investment I own the stock outright, and I also own some significant exposure in my larger positions in the smp But I I do digress stocks go down And anybody who's going to sit here and tell you that they've got the answers or they've got the Special club to join to give you the answers of when stocks will go up and only up They are sorely mistaken There's a few that offer some stock investing opportunities through youtube and they are part of my featured channels On the independent investor channel and and no others I find it absurd when people justify paying children children investors in their 20s To give them advice on stock market investing because they think that they have answers that they can't Just as easily and otherwise find on their own It is baffling to me Which is part of the substantiation as to why I do the message because quite frankly, I'm right The stuff that comes out of my mouth on the independent investor channel. It's right To call out that activity as ludicy is correct To suggest that not all those people if not the vast majority or all of them do not have the answers To help you one iota Even if you are paying five or six thousand dollars to join their group, let alone a hundred a year to join the group They probably won't give you the success that you are looking in other words You're going to be provided that stock that's going to make up for the five thousand six thousand dollar entrance fee in excess of the profits that you expect to be making by just rendering Those dollars to somebody who you perceive to be to have all the answers I'm just telling you that's unrealistic. You can believe what you will. Ah, ryan, you're crazy this and that I this person's really really elegant and they're really really loud and they yell a lot and they point into the camera a lot And they scream and yell at me and they're very very persuasive. Well, let me tell you people are People are easily persuaded Are you one of them? The second you turn over a leaf and become An administrator over your own program Is the second that you step into a much more fulfilling world in your life And you will live from that moment on free I wish that upon anybody It's one of those underlying messages that I think a lot of people feel when they come into the independent investor channel Is that I give you that permission to seek out A greater than average life and give yourself credit for actually being able to have the potential to follow along that path of A greater than average life I give you the green light. I give you permission to do it. You can do it All right, stop listening to everybody else who tells you that you can't do it The more success you get Let me tell you those people don't go away Right, they come around in rogues To tell you that you can't do it because people get off On telling other people who are perceived successful like me. I just sat across from you and told you I have been for 20 years Which is the truth now. I become a target, right? Then once you become a target social media provides the landscape For people who are looking to fill deficiencies in their own life by picking fun at the others A lot of people buy into it I think the vast majority of people who cannot level with the idea or aspire to greater than average wealth in their life are all too often The majority voice out there, especially amongst the retail community and whether or not that be poor living conditions whether or not that be an inability to Seek out what it is that your friends and family have Achieved in their life or perceived friends and family neighbors have perceived in their life And you have animosity and you're just downright pissed off And so you take that attitude out on others and I I I really think that's dangerous but if you expect to Engage in a wealth building program for yourself Don't expect everybody to just jump on your bandwagon. Okay I would prepare you to Have a level of guarded scrutiny as well Tell them you found an interesting youtuber on youtube that is providing Insights on his own personal tutorial stock market investing and see what kind of response you get, right? See what kind of response you get It doesn't go over very well. Now if I told you I had the world's greatest recipe for double chocolate chip cookies, right? I could have thousands and thousands of people coming into my channel learning how to Make the world's greatest double chocolate chip cookie in the world This is a contentious topic It is not politically correct Some societies believe especially in dutch netherlands and and other cultures that talking about personal finance and and personal wealth and and And that is is faux pas. It's it's really against cultural norms to share that with with others I've never really understood that mentality Other than acknowledging that at times. I feel like I do speak with people who are uncomfortable With not only me talking openly. I talk openly about it. I don't care. It's my favorite topic I'd rather talk about that than the weather Which is what dominates a lot of people's conversation shopping um What's going on downtown right now on 12th avenue with regard to some idiot Podcaster who promised a bunch of free shit And a ton of people showed up and they're pissed off because they don't have a lot of free shit to take home With themselves. I mean people are pathetic to be honest with you. We follow at all cost And we don't hold ourselves accountable At all. It's pretty crazy I'm not saying Boy, I'm not saying don't make mistakes, but holy moly give yourself a chance to initiate those mistakes on your own And stop doing so at the whims of others. All right Temptation will always play Against discipline. I mentioned that you will be tempted away from your program. You will have analysts You will have youtubers you will have tweets you will have all kinds of influences to suggest that you're not doing enough You're doing too much. You need to do more. You need to join this group. You need to join that group You need to read this book. You need to invest in this broker. You need to buy this version of the smp 500 right matt All meant to tempt you away from the program that you in all sincerity have put in place for yourself Now, maybe my program is not quite as good as What it what it what it could be, you know, I'm up 20 percent year to date the smp 500 But this person over here says they're up 47 percent Well, I want the 47 percent because I'm smart enough to understand the 47 percent is a hell of a lot better than 20 irrespective of the risk necessary to even take on that and the sustainability I might add Of pursuing that higher than average rate of return and stock market investing, right? We just want more we want more anymore more and more I heard you were the best investing channel on youtube, which I am And they tune in to me and that they're pissed off that I can't show them the promised land overnight There's no such thing I hate to break your bubble You want to win money overnight go to the casino? Stock market investing has nothing to do with gambling nothing There's no there's no similarity whatsoever With stock market investing and gambling. There's none whatsoever See, I can hold amazon in a deep loss until i'm ready to play my hand Having drove it into a deep loss and now being in the positive and being able to take Profits in multiple positions in amazon if I want i'm not i'm long the stock just like i'm long google And microsoft and apple to boot we've mentioned those names They're they're going to be the catalyst over the next 10 years that The drive our innovation and video significantly much more sales force You know the idea about amazon being involved With ai for the for the past 10 15 years Has just come to fruition. What do you what do you think? I don't think there's a better online marketplace than amazon For me to engage in and have such a wonderful online shopping experience than amazon.com Barnon, I don't care if it's business. I don't care if it's general How do you think they know all that cool stuff about me? Mm-hmm. Yeah You don't think that amazon uses ai and has been for the last 15 years really Phenomenal phenomenal performance by amazon so congratulations to all the share owners of amazon I'm a share owner my biggest position in one of my accounts is 100 shares I wanted to have 100. That's what I got But I own some other pockets of amazon as well in the business account As well as in my strategic high growth account That I have I believe showcased on the channel. Perhaps I haven't I I did share the link to it But that's my hyper growth with uh, tesla microsoft apple amazon invidia Eber is in that account as well as arabia b As well as adobe sales force. So I've had really really good success. It was amazing because I I rolled out of the bond portfolio, which was just Really really disappointing I was disappointed in myself for engaging in that. I thought it would be fun But i'm already back up in the black with the hyper growth portfolio. I'm glad I did it I did it before to start the old account got it up to 10 grand really really quick I got it up to 10 grand and like boy six seven eight months And then was able to transition that portfolio in the portfolio that I share with you guys very often And that is the dividend portfolio, right? That didn't start with $500 in 100 dividend portfolio, right? It didn't start that way. It started out as the hyper growth With meta which also had a phenomenal blowout Um, but that's another stock that just easy as hell to ride down into deep water and did I you know Did I shed my pants? No, no, I didn't I I kept the shit in my pants and and cleaned it out when it was appropriate to do so I play the hand when I want to play the hand, okay, and and again for you guys that can relate with that philosophy of you know Engaging and investing with the idea that there are multiple pockets to win at if you're invested in the s&p right now You're up You're up. You're doing well Um, and I know there's a lot of people out there that that feel the same way. I got tim and congrats on your milestone I got tim's email when I was actually on vacation and I responded to him while I was on vacation the very cool stuff You know, it's nice to see those thresholds As the thresholds are met and surpassed I want you to become a lot more Acceptive of your ability to make those thresholds. In other words, I want you to be less surprised as you meet those thresholds the hundred thousand dollar one that's right around the corner for you my brother and I want you to You know give yourself a little pat on the back, but I think if you were truly honest with yourself I think if you looked back in retrospect, you would say that it took a little bit of discipline A little bit of wherewithal a little bit of desire And and a little bit of surplus capital to make it happen, but it wasn't You weren't you weren't solving a nuclear problem here, right tim? It was doable and dare I suggest and I know the answer to this is that if you can do it Then many others can do it as well Right But I just congratulate you. I was glad you reached out to me I've always said I like the community reaching out and saying hey ryan. I I hit I hit my first 10 grand I hit my first 25 50 75 is not really a threshold, but I was proud nonetheless of tim for sharing that with me and I thought it was pretty cool Um, you know when he shared that to me, but um, you know for me I look at the hundred thousand dollar mark and I remember our conversation distinctly When we were kind of talking about the fundamental groundbreaking, this is a true story This is a real story and I I hope not to be disclosing too much about this gentleman because this is all true These these are not fake. These are real tutorials, you know Um, and I knew that we would create those tutorials over time now however of those tutorials are out there over seven years that can be Uh, acknowledged and addressed and and more importantly Drawn from so we can understand how scale scalable they can be to the masses Wonderful. I mean that that that in and of itself is the goal on the channel And the majority of the channel and subscribers to the to the to the base are are interested in investing the way tim does passively in the markets They're not they're not really interested in thoughts on the nicola run I think I think it's pretty awesome. I I always observe stock market investing from The lens of a student right I typically wouldn't look at a run in nicola and be able to sedate to say well, it's this this this and this I have my thesis. Um, I think they're in the right industry I think hydrogen is the politically correct choice As opposed to my fund fundamental belief that it's still too expensive, right? um, I think the dilution to shareholders Is yet to play out over time. In other words, does the stock run mean that it's destined for greatness Because it's gone on a couple weeks of um outperformance I'll let you answer that. I mean, um, I have uh, call contracts in nicola. I hope it goes up I I've lost a ton of money on those call contracts, but you know, I'm obligated For a thousand shares in nicola and I I certainly hope I'm able to exercise those and take ownership of them Um, I own a big position in highly on and I own a big position in ison motors Which is a little bit closer to the to the hydrogen Um craze right now with the zero tailpipe emissions, which as attractive as that might be It might be a little more A little more unrealistic To achieve in the short to medium term than people are giving it credit for In other words falling all over ourselves because they have placed a 12 order Um, and the stock shoots up, you know 150 percent or however much it did is Probably a little bit of craze and and probably a lot less fundamental than you're suggesting is Is there with the stock? But hey, like I said, I'm a student of the game and I you know, I'm obligated to take shares if it can get up to a seven dollar stock price Which is where my strike price is And I would love nothing more than for it to shoot over 10 15 bucks And I'll go ahead and take ownership of that Those 10 10 10 contracts and own a thousand shares at seven bucks, but I I've wrote I've I wrote them off I didn't think there was any way in hell that was going to happen Stock was at 52 cents. Just what a month month and a half ago 52 cents I mean it was dismal. It was done. It was out. It was just it was I mean talks of delisting, etc Etc. So, you know, I'm a student of the game. I'm always interested. I can't invest in every single stock out there That's not reasonable Nor does the message that I look to convey over the independent investor channel need to be dominated by The speculative investing game that I am involved in with some of my equities like like parcel power company That I cover and I'm compensated to cover Nicola highs on highly on plastic recycling with a duro clean technologies, which has just been on an absolute Down draft the last week. I can't explain that. I have no idea why it's just exacerbated selling And it's just really too bad. We need those shares to rotate into the hands of people who really Understand what type of value that they hold and until that happens those microcaps are going to continue to to to sell off and I think I think that You know time will tell I think time is the great mediator and and the great Substantiator for companies out there that do have some level of fundamentals and we are just in a time right now Where I don't think speculative investing is getting a nod at all right wrong or different. That's what's happening Okay, but I still will remain in the pocket. That's for sure. It's nice to see joe in the house. I appreciate the welcome back Thank you, joe Appreciate you and thanks for taking the time to to make it on the channel So I got mitra date in the house tesla optimus ai that can do physical tasks. That's pretty cool stuff, man So I did take a small position in tesla nothing crazy It's part of the hyper growth portfolio Nothing crazy Look guys, I play with surplus capital in a way that is a little more advanced Okay, I can take a position in tesla without batten and I okay for a lot of people out there An additional bump up of a couple thousand dollars in their Roth IRA is one third of their annual contribution, right? Um, I contribute about $3,500 a month to my stuff Okay So something to kind of give you some goalposts to shoot for in understanding that I do I do walk the walk Okay, I certainly talk to talk which offends a lot of people and I'm sorry for that But I also walk the walk everything I talk about with my stock portfolio is absolutely 100 true When I talk about my shares in aduro I all I can do is give you my entry price and the actual share account At 27,500 shares when I share my share count of highly on which is closing in on 20,000 shares I those those are real. I'm not I'm not lying. Okay If the stock goes to zero then that means I'm a bad person, right? If the stock goes to the moon, it means I'm a great person, right? In the eyes of social media, I throw that out there because that In some form or fashion, I feel like is the criteria sometimes um And we'll see I do believe that those companies will eventually pay out or not I will eventually be that self-made millionaire No doubt in my mind The validation through social media will either come or it won't All the while I will still be the same good successful person doing what it is that I do Holistically in my life and looking to share that through social media. Why because I have fun doing it. It's fun It's fun and I do believe that there's some people out there that could probably benefit from Testimonials like mine and others that that share that and give people hope They give people hope for what they can potentially do in in their lives because I'm telling you I don't come from money if I can do it. You can do it The earlier you start the better off The quicker you can manufacture some motivation to get as motivated as I am Half as motivated as I am Great get there Because I pay attention to this stuff. I do I want it I don't mean to discourage you off of it by saying man alive man I ran coming to the table with all kinds of motivation to do this stuff. I don't think I can do that I don't mean to suggest that at all I'm I am suggesting that you you do need to want to do this to make it right. Okay These times are particularly dangerous for people to be too open with their personal finances Um, yeah, I guess yes and no I'm enjoying the impersonation that I have on twitter right now I mean, that's all fun and games. What does that hurt? You know, um, am I a target? I don't know maybe um Perhaps um I feel like the ability to use the conduit of social media to communicate um A success story is far grander in its reach um, then my concern about sharing my Green paper stack with people I I don't think I'm any more than a person by sharing that I have no money and I'm broke Then if I share I have $525,000 of a green paper stack That if I lit on fire right I'd be back to broke same old Ryan same old Ryan But my stack does not define me no way Like I told you man The activities jamie that I was engaged in over there in europe man Most of the cool stuff that I had conversation with my daughter Swimming had a had a public beach um free parking You know sightseeing walking around seeing A castle that was built in 800 That that kind of stuff really gets me off. I dig it. It's awesome. Those are the things that the that the true stuff is made of The the verdict is still out as to how much joy I get out of The paper mountain of money paper mountain of money may Open up some opportunity for me to to to see those things but in and of itself. It really doesn't define me at all It doesn't define me But I think there's probably a hell of a lot more benefit to the masses out there to actually have A paper stack stack of money as opposed to having nothing and subjecting themselves and their fate To the whims of the government that they are under Mm-hmm trying to teach a little bit of empowerment here and trying to teach people that Perhaps maybe that paper stack of money could actually lend itself to something a hell of a lot more meaningful in their life freedom security right Peace of mind Financial stability The ability to pay off a medical An unforeseen medical condition down the line Ryan i'm not the one. No, okay. You're not the one you're the one that's going to tempt and circumvent fate if i'm too realistic for you You can try to pick your poison with 500 other youtube channels out there. Go ahead Pick another live stream on a Friday night I give you 100 guarantee you're in the right spot 100 percent If you get more entertainment from another live stream fantastic switch over If you feel like you get more knowledge from another live stream fantastic switch over Not a problem I can't make those decisions for you, but I will tell you The bottom line is such that I look to put myself in the lens of the person that is Consuming the message and that makes me very very rare I see a lot of people trying to do social media and it is a one-way ticket One-way road all right We really try to break it down for people for those would be investors that don't have a lot of moxie in their Investing application to help them Maybe get to a better end in their life 49 percent rewarded on amazon even though it Is a single share good stuff. Jamie. Thanks for sharing man. Appreciate you Good stuff, man. Ryan take a look at your insurance ticker eerie It's been on the move this week just a tip for sure yet financials have Kind of done well The insurers is a good spot for sure I took my stab in the insurers and the Dividend portfolio when I established that and I've held them ever since And they're all doing quite well What I got Metlife Uh metlife Aflac As well as prudential Mm-hmm. Yeah always good investments Lots of investing books written on why the moats with insurance companies is so attractive from an investment perspective I chose to own apple outright and we've done so since 2018 ryan. You are a smart and wise man Very good. It's not hurting you right as long as you're being able to put food on the table And you're not owning your apple shoes shares in lieu of The um barbeque beans that you put on the table. All right, I think me and you can agree That the world does go around when you're able to own the shares And also put food on the table, right? It doesn't hurt you Just speaks to the perspective that investor has to have separate those investing dollars To go toward a program. Okay, you can all go to hell someday. Hell. I don't know I don't profess to have all the freaking answers You know, but what else are you going to spend your money on? $75,000 jacked-up Silverado That I can guarantee is going to turn into dust someday you will lose that entire 80,000 you will lose And that is a much more attractive option in the eyes of society to pursue, right? Owning apple shares. What does that mean ryan apple? Come on. God ryan. It's investing No problem. No problem We will see who is laughing someday and I won't I don't do this for validation. I do it for me Just the way that I expect you to invest for you. I don't expect you to use Invest to appease me Don't do it. You'll meet goals. You follow this program. You'll meet goals. Don't be surprised by it My community's not You want to build wealth? Don't be surprised when you build wealth I don't tune into this youtube got the top three stock picks of the month man. Yeah, does it get you to an end? I don't my people make money It escapes a lot of people for sure Come up with every validation to join every stock group out there and Join every huge youtube channel two years later. They've lost 50 percent of their portfolio Yeah, but jeremy loves me fine fine Why don't you start loving yourself? You don't know him. You don't know me. You don't know social media influencers Grab the benefit that is there those that offer the content. My content's free All right, so if you don't like my content, I would offer to send you a refund But again, I double down on the fact that it's free Okay So you can just simply turn it off and subscribe. It's no problem. I don't care. I don't it's no problem I will shut down the live stream here in a couple minutes and go on being a success story in my life. No problem I hope I rub off on you. Absolutely You should be paying me right right Because all of the influences that are out there that would have you believe that you can't do it It's awful attractive when somebody comes on to social media and actually takes the Contrary perspective In doubling down on a philosophy that you can do it Right, and I think that is rare nowadays I think with the lack of incentive now for people to work hard To aspire to something to succumb to the thumb the invisible thumb that is always over your head i.e the government that we are all subjected to both here and abroad That would have you just fall in like a helpless freaking lemming and just live your life and then eventually die wake up wake up Realize that it is your personal Initiative and your free will that is going to get you to that end and nothing Of what others tell you that they can do for you or what they Think that they can do for you or more dangerously what you believe that they can do for you Is going to actually get you to that end because my friends we will close down the live stream here by me telling you this the most monumental and the most meaningful achievements And mistakes that you will ever ever make in your life Are by your own actions and your own thoughts and your own initiatives in engaging in those and either seeking and and achieving success Or having some level of failure in those it is not going to be at the whims or hey This person got me there or hey this person has all the answers. It's not going to be about that It's going to be about you guys waking up And figuring out tomorrow when you wake up that you have the free will to change your life for the positive And we will continue to beat that drum here on the independent investor channel every friday We will be back with you next friday on the independent investor channel. This is the fastest 60 minutes on youtube I'd like to thank the devote subscribers for sticking with me Over the last seven years, some of you guys have been with me since the beginning of time. I appreciate you Appreciate your devotion and more importantly I appreciate the successes that you've been able to render In no short or small order On the information potentially that you've been motivated by And have put to good work By hearing it on the channel guys. Thank you so much for supporting the channel I appreciate you guys and we will catch you next week