 And we are live here on the independent investor channel live stream on a Friday evening The fastest 60 minutes on YouTube no doubt about it boy. What a what a what a week makes And I never promised over the five years of doing this project that investing would be easy. I wouldn't It's just as easy to pull your iPhone out anymore and hit the sell button It's readily accessible at all times like a get out of jail free card that you can play at any time It's the very discipline. I think that keeps us in the pocket keeps us grounded It's opportunities like this made possible through social media Although I am quick to criticize social media and the damage that can Come from consuming too much social media content. It's hazardous for yourself for your health Guys need to be careful with this stuff. There's no doubt about it But the the support that can be rendered through tough times through volatile times And I think they're gonna persist here in the 2022. There's a lot of headwinds in the market It was nice to get some reprieve this week. I was waiting for it to roll off. It never did I took a strategic buy on Monday morning and set those buys up on Sunday So I had no idea that I was gonna be buying it a pretty good time whether or not that ends up being in due time a good move Will is yet to be seen It was close to my buy point to 10% one of my rules the thumb for strategic buying And talk about what works through the downturn your success as an investor is gonna be your ability to self-assess Earmark some of those things and you got to force yourself to identify some of the things you didn't like about yourself during The volatile times and for me it stems back to November of last year. It's been pretty rough on me in So far as the stock portfolio going down and not up I I invest You know to to have the portfolio go up. That's why anybody invests. We don't invest to you know Ultimately lose money. We invest to ultimately win over the long term But here's the thing I would never ever steer you wrong and say that it's just gonna be hunky-dory all the time Stock market has an interesting way of humbling investors. I say this all the time It's been a real kick in the teeth in 2022 There's been some headwinds that could not have been forecasted There's been some some headwinds that have crept up Absolutely things that we have foresaw. I think that there's still some looming headwinds. I think the real estate market It's yet to rear its ugly head. I think housing is too expensive right now I do. I think the disparity between City to city and and what you can get in the housing market right now is creating pockets of bubble And and I don't know at least I can speak from the perspective of where I come from here It's as if people are panicking as if all of the real estate in the entire world has been consumed over the last Year or so and that they're going to stop building houses and the people who are out on the streets are not going to have a place to live I find that perspective interesting It just takes about a half hour to 45 minute drive and you'll you'll drive out into the country where you're standing there On a piece of $30,000 dirt And and and you're driving distanced all the same amenities that some of these folks are paying 650 to 750 thousand dollars for I don't get it It speaks to people's FOMO buying no matter what it is Always have to be Jumping on the trend I saw the twitter feed light up about tuesday afternoon. I was like i'm done. I already bought i'm good. Thanks. I'm good Independent i'm gonna do my own thing i'm gonna go whip some ass at the gym Which is what i did again this week? Five day streak and i'll i'll be in the gym tomorrow for sure for my saturday break Um got a little rain. We're not going to get to do any soccer tomorrow. I'm a little disappointed first game out I was i was fired up. I my team's ready to rock um, so The reason why i mentioned these things during an investing live stream is i'm gonna go over a list that i think worked Um during during the last few months of volatile volatile times and and it seemed like we were raking up every data To down markets there it happens. Um, not my first rodeo I'm not going to tell you, you know if down markets or something that scares you And it's going to be something that really affects you and and Puts puts a real test to your tolerance and maybe even health and well-being if you're Already an unhappy person. This is not going to make you happy. Okay Stock market is going to test you and it's going to test you in the capacity of stock market investing And if you allow it to permeate into other areas of your life, it certainly will if you allow it to The trick is to keep it into a box. It is what it is You chose to um engage in financial markets And if you keep it in that box using tried and true discipline you can keep it there um, but You know, I mean The whole by my course joke that I push out now is not by my course. It's But by my by my by my course As if to throw it out there rhetorically and it just speaks to the the the the sheer ludicy Of believing that you can time the market. I I don't care what individuals do with with their money Okay, ultimately As an independent investor you have to look in the mirror and you have to take onus Over the decisions that you make with your finances and we give you enough swim lanes To succeed. Okay with no promise of succeeding all the time in other words We we we point out the sheer Reality that you will absolutely Encour down turn and go through volatile times that that I promise you. Okay I wish other youtubers talked like me Unfortunately, they don't that's why I don't watch a lot of youtube anymore Because I I think where I am quick to Give that Free will to investors to do what it is they feel is prudent for their own decision Unfortunately social media providing the conduit to come on and share Those idiotic ideas with others unfortunately influence others To miss the boat And if you're telling me that that investors didn't sell at the end of last week by god I can't make it another weekend. I I just can't go into an monday I'm going into another black monday where it's going to be red again I just know I'm going to wake up monday and it's going to be down. Yeah, you know, you know And it did what it always does and it proves people wrong amazing to me Over the lifetime of investing and I've been investing since I was 15 years old I do have a sixth sense about me because I pay attention to markets Does it mean the $50,000 swing that I had this week means i'm a badass investor Nope I've got the maturity to sit here in front of a youtube audience and tell you that that stuff just doesn't exist It doesn't exist It does not exist in in so far as I deploy discipline We'll talk about the things that anybody can do And these seemingly are the things that escape a lot of people. They really do. I mean seriously I'm not kidding about this get out of jail free card Right, it's always here. All I got to do is just get into my account I can just look at my phone and I can I can hit the sell sell sell button and it can all be over in six seconds You mark my word ryan. I can be out of this crap. I'm I didn't sign up for this Yeah, what you did actually you should have probably got your mind right before entering into financial markets to Subject yourself to making a bad decision. And that's the thing is if we can prepare the mind properly You can get involved in financial markets and you can understand What it is that i'm going to talk about this evening TSP is back up to where it was beginning of the year today recover Using one of the tried and true methods that I talk about all the time. It's dollar cost averaging. Hell. I didn't invent it guys I can't own it. We talk about it. We massage it. We revolve around it. Why do I foot stomp this all the time? Because it's that important And in retrospect you say man, that's pretty awesome ryan you dollar cost average. What does it mean? It means that I was continually funding the market no matter what in the face of being down tens of thousands of dollars in the face of A conflict that we had just entered into into 2022 In the face of a portfolio that I've watched grow with hard-earned dollars With with the the idea that potentially it can turn into dust or go to zero, right? Keep investing. That's what I did You're crazy ryan. You're crazy I'm crazy. Yeah Am I a good investor? I don't I don't know guys the thing about this project that's really really simple is I cart blanch Believe that when I put those things out there for individuals to resonate around Like dollar cost averaging. I believe in my heart of hearts that people can do that I don't care who you are. I don't care if you are an investor that's been doing this for all of a month You can resonate with this and if you come into the live stream, honestly You're going to get these little nuggets to see how that contributed to holding up Certain buckets in the application during the volatility super important I bought the dip I bought the dip and multiple sequences multiple bullets for a lack of better terms to fire at the market As the market digress down fire at it kind of buffer that down trending market And then after this week it shot up a little bit now as the volatility going to continue. I believe that it is I believe that it is Um, I I deploy a neutral application. There's no nothing really Outside of you know getting a little vindication this week and not market. I'm not meaning to be a wet towel here It was nice. Again, I took it. It was not quite 50,000. It was about 44,000 from last week week over week That's not spa potatoes. But here's the thing. It's like man, Ryan. That's just incredible. Why because I demonstrated Discipline and and I actually did nothing. See, that's the funny thing is I didn't do anything I I demonstrated Tolerance to volatility I in the face of uh volatile markets and you know people saying hey, you know, I got out at the top I was really lucky That's what somebody told me on monday at work Didn't mean any harm by it but Was speaking as if They needed to justify the decision that they made And that was monday Would they have the exact same opinion that they did on monday that they that they would on friday? Of course not They missed the train and they missed the train now. Do you get to go back on monday and redo it again? Not unless you got a delorean It's a plutonium anybody Go back and get the sports all in the neck. Let's play some bets. All right Awesome to see everybody man for sure Some gotta gotta feel a little bit good about that. This is the time we want to assess and reevaluate There's no doubt about it. I'm going to run down the list for you guys. I've missed the portfolio reviews the last couple of Couple of weeks and I'll roll those out for you guys tonight just to give you an update Kind of earmark some of the major challenges Changes starting monday monday was a big injection I put the video out this week that chronicle the 12 new stocks in the dividend portfolio And also the 36 dollar cost average buy It was a $10,000 bill spread across the m1 finance platform That allocated bought the market I thought the market was actually going to be up on monday and it didn't it dipped nicely Uh for that for those morning buys and then the market kind of took off the rest of the week So it was good. No complaints. I like my injection point. It was 10 down I was very very patient on the first injection point nothing too crazy But um, but nonetheless some stocks that I had on the side waiting For that opportunity and I felt like monday was that opportunity. So with that guys I just want to welcome everybody to the live stream got a healthy gallery in here tonight kudos to you independent investors No doubt about it, man. You should feel like you own some A piece of this channel Okay, while everything is doom and gloom you look at this thing and sometimes the whole doubt creeps in and you wonder why you do this and It's a little bit of indication to understand that while Weathering good times in the stock market, which it does dole out are on on some Some good frequency You also have to be able to accept Except the goods with the bads as well And I think for the most part I'll chalk 2022 up as being pretty pretty tough markets. It's been volatile I know there's a few people in the community that have just started their investing career Seriously, especially as an independent investor And and and you kind of feel alone a little bit and um, This will make you tougher You have to allow those lessons to be had and I'm going to review what it is that worked During the last downturn and some of those things that I saw on the landscape And we'll see it again That prove over and over and again not to work So welcome everybody to the fast to 60 minutes on youtube the independent investor channel live stream here for your benefit Be back in a moment Oh Mitra date fantastic I'm sharing some buy-in checks appreciate you coming in my friend. That's great. Be careful Be careful with that energy man. Um, I was I was in energy. I've I've exited my big positions and energy Made a fat-ass profit. I've been in energy for the last five years And it's run up nicely that there's no doubt about it But I it's interesting that some of these folks that are getting on this energy band wagon I think you need to be careful with energy I think you need to be careful with energy and I think you need to be careful with defense you get one Little digress or step back on this invasion and those those stocks are going to come back down to the Into the stratosphere where they've run to and You know, I it's interesting to me. I I'm kind of moving away from this idea Uh, I think there's too much momentum. I think there's too much FOMO buying Um, I was interested in Exxon mobile at 37 and a half I'm not really as interested in it right now at 75. I was looking at BP. I didn't like their debt position. So I you know No, no buys went to energy. I think I put three bucks toward toward One stock that's it But the majority of my inflows went to financials higher interest rate Staples those companies are going to benefit and finally health care You know, you can continue to add to utilities here I think utilities are going to continue to perform strong in the in the face of some volatility continued volatility This isn't over I hate to break it to you But uh, the the stuff is not just going to go away. The the the week was good. That's really nice I like to see that I actually don't look at interest rates at to combat record inflation since I believe 1984 As being such a bad thing. I actually Look at that a little more holistically than most and I think You know, the gas prices is a little bit taxing I think the labor markets is a little bit tough right now And I think the the real estate that I've mentioned at the top of the live stream Is the number one stressor right now And I think once that surplus runs out people get overzealous with their homes They really do they look at it like a bank And I think it's unfortunate. You know, what else can we say we we go through the same cycle every 10 years And people just don't um, they don't learn their lesson But uh, I appreciate you coming on and sharing your comments, man. Very very cool And j mac investing is in the house, man. It's interesting enough man Jason sent the independent investor a gift. Look at that how it shows up on the green screen. Isn't that crazy? Absolutely and a shout out to dave mora. Dave is my boy Dave is a another service member. I'll be kind of careful to protect his um anonymity But he's a friend of mine and he's an advocate of highly on up and down He's actually responsible for some of those posts that are made to the highly on bullish shareholder group With regard to the jobs And the job positions that are being shopped and filled So dave actually sends that to me Behind the scenes and keeps me updated on that and um, he's he's got a big position in the company and You know, he's he's one of those loyal subscribers To the message loyal supporters of the company and their initiative So I was really stoked to see him actually get that that gift and and thanks to jason for You know for thinking enough to put that out there to the community. I thought it was a hell of a nice gesture Really cool stuff, man Stocks found some some some support. There's no doubt. Now. Remember guys. I'm actively managing One particular holding in general. I I think the pickups that I've made over the last Old couple weeks into weakness have been Nothing short of miraculous Palantir picked up a nice position there Oster is one of jason's favorites actually Had a great day today really coming back heavy Those micro caps have really rolled off heavy. I mean, it's just been it's been really really bad in the small cap category It's been a horrible sell-off to be honest with you Um, and we saw a little bit of strength this week and and these are the areas of pockets that I focus on and When the biggest position in your portfolio holds up the way that it did highly on was up 11 percent this week I'm very excited to see that stock trade above 425 Which is a was a big male milestone For the company We just need to tread water throughout the course of this year Catch those those injects of progress with the company going forward As we step toward that ladder 2023 and I'm just going to tell you over the channel Things are going to get interesting And that's that's what stock market is all about. I I'm not going to sit here and profess to tell you What's going to happen one way or the other and I'm not going to do that I refuse to do it There's a lot of people who respect my application and doing that But if my bullish conviction tells you guys anything about where my loyalty lies You can read between the lines for yourself. All right. Thanks for coming on and saying hi Jason. Great to see you And we'll throw the big winner on the on the on the screen here Now Dave's been a friend of the channel for a long long time and he's he'll ever be part of the community There's no doubt about and um, you know, he's referred me to some family that's that's uh, you know Got got some instruction and got turned on to the idea of of investing for yourself and you know kind of separating from the whims and the Influences of society that would just have you participate in their way And and I I think man Is there anybody else out there that feels like they want to fight every now and then and you know Take ownership over their own program. I I don't know I I do this message because I believe wholeheartedly that there are And we'll keep footstaff in the message, but Congratulations to you Dave. I I told you what I was going to do man I can't wait to wear this sucker on the golf course actually Um, I've actually had a custom golf bag Made with the highly on logo. It's it's already saved. It's pretty awesome actually It's going to cost me about five or six hundred bucks But I'm going to buy it someday But I've got some thresholds to meet before we get there But uh, there it is. It's actually me on green, but it shows up in my green screen Uh, you see that it's picking up my green screen. It's kind of cool But congrats man. This is it's really cool stuff man. Very cool He says I take it as a sign Yeah, it's been quite a journey and you know, I hey listen um I can't think of a better cause You know, one of the bullish cornerstones of that investment for me is The number one polluter on this earth Okay, is the trucking industry So you look at those opportunities and they're far a few there. There's not many I I would throw tesla in there, but The competition per se and I think there's going to be room for all of them um is hyzon and nicola Highly on and tesla to try to take this fleet in a new direction Uh, and it wasn't until riz. I see you there. Jay. I'll get you in here in about one minute my brother um It wasn't until jason went down and actually tested the hyper truck erx and He's driving and it's smooth But he got in the diesel truck and he he looks like a j mac bobblehead, you know back and forth And it's just like holy smokes, man. This is what truck drivers happening I've never driven a semi truck before but I just thought jeez louise, man Is this is what they're going for and the rider the rider rep Pointed this out and even thomas healy Admitted on the last quarter that it was something that he kind of oversaw and maybe underestimated with regard to the impact Uh on the driver community itself and maybe even attracting new talent in the industry, but um, you know Nonetheless jason looks like he's trapped in he's ready to go. We're going to bring him on That's awesome. He can uh say hi to the community and and uh, I can visit see what kind of comments we got Jay, what's going on good? You can see my brother. What's going on? Yeah, what's what's up, man? Uh, hold on. Let me uh Readjust this Did you like my bobblehead interpretation? No, I thought it was really cool that uh, that david is on who uh, who won that hat um, because you know That was that was pretty cool Because he we we were talking in a in a direct message on twitter and he was telling me that he um, had submitted a That question to you. Um, so, uh excited for him. I'm glad it went to someone in the community. That's you know That's vested into the community, but hold on. I guess i'm not, you know, so Word on the street is i'm not i'm a pumper. I'm a i'm a pumper and a dumper And I know and i'm uh supposedly an inside an insider behind the scenes. Yeah bias Right. So like thomas healy's talking to me daily, which I wish he was but uh Anyway, so People just you just got to be Sometimes the presumptions become a little bit uh, or even a lot in this case over overreaching And it's it's 10 full hat, you know, I mean this guy I mean, so there was two youtubers that came at me when I went to austin You know, and it's like why do you do that? You know, I mean So I it was it was actually recently So I got through the second interview drop my the thomas healy interview My subscriber count dropped by 20 or 30, which is Yeah, it usually drops, you know, five or 10, you know of recent with the downturn in the market. That's normal But 20 or 30 I was like, what's going on? And um, so I'm gonna I'm going to address it in a I'm gonna do a live stream I told the healy on discord. I was gonna do a live stream. I was gonna do an ama You can ask me anything about my um trip To austin so that's coming up soon But um, I'm gonna address that in that video. I'm gonna take about two minutes because that's all it's worth It's not worth very much time to address something like that, but I'm going to and um, you know, so Here's the short and uh, the short and sweet of it. I'm an investor in highly on my guy the rat is not He's a flip flopper a fish out of water And so the rat if you're watching The only reason I watched your video and commented on it is because I look at all the highly on content on youtube And you happen to be one of them and rat you were you were flip flopping So I said you're a babbling fool and that that continued on twitter. You're a babbling fool There's the there's the short of it. There's 30 seconds of my I'm hoping you're I'm hoping rat's watching because that's all you are man and Your take on me you spent like seven to 20 minutes You took a 20 minute video and you spent you said Yeah, he can't know nothing to get j mac, but he spent like Like 12 minutes of his video Saying uh, you know, whatever j max doing Dude, he's not concerned with me, but he spent half his video talking about me. Whatever anyway So I'm gonna I'm gonna address it in AMA and but it's not gonna be about him. It's gonna be about The trip to austin and the things, you know, because there's a lot more questions people had and in a lot of I can't what's up What I what I was I guess what I was I was disappointed actually Be honest with you. I I like productive dialogue and You know, I've been critical. I've been critical of highly on over the last two years One thing about me from mainstay is I've sold the company twice I've always retained the position in it So people don't understand the dollar cost Or excuse me the tax lost sale that I took in december almost broke my heart. It was 4 000 shares I went from 12 500 shares down to 8 500 shares And I quickly over after that 30 days had passed I quickly supplemented those in a in a better arrangement in the portfolio Here's the thing. I don't I don't really care if you're a Stock owner or not. I don't I don't think that gives you any more credibility to come on and talk about the The the company or not. I'm pretty hard on those folks that I sense do it for their own channel game And and that that that's where I kind of have a little bit of a problem I think my my criticism um Is that we had just come off of an interesting call and anybody who is is covering the company bolusher bear Would have come out of that fourth quarter call They surprised me My look my expectations were very low. I was very crystal clear about this before going into the call I I read the transcript. I always do that I listen to the call and I there was so many nuggets in there that were Very positive and I think people are judging this company in a context of a company that's maybe five years plus old And not two years plus old and I think if you look back at the progress that's been made it's been remarkable Well, try to try to come up with a factual negative Um Observation on highly on you'd be hard-pressed to do it unless you start to speculate and start to make stuff up And that's the problem that I have did I think they were being light on their? outreach In the latter part of last year. I sure did I sure did And and I still stand behind that evaluation and I believe that since then They've cleaned a lot of that stuff up and they they're becoming a lot at least that's my sense So do I keep doubling down on that observation? No, of course not. It's water under the bridge But I thought to change in that direction and and it wasn't it wasn't just it wasn't just paul It was pj as well where I watched the the the two of them within a week's time of each other It was a really downer video I thought man alive. There's there's nothing factual here like you're not talking about order reservation slots You're not talking about orders with deposits You're not building up. You know I'm saying that's what I'm saying. It was it was 10 for a hat 10 for your hat stuff. It was like What's this coming like so and you know who's bringing up dmg? I mean, you know Why why has dmg been covering a company? He works for a company that is selling product That has they're driving products that have been sold from highly on so yes, okay, maybe he has been um, he's taken that and he's he saw the growth of his channel And then he's taken that and he's he's capitalized on it Which you know, I mean once you find and I mean, this is how youtube works Once you find something that works that you know, like you said, you know, you don't necessarily want to exploit it But now if if it is something that is working on your channel stick to it But don't don't like you said don't exploit it understand that but um, you know, so drive makes game is who I'm referring to so he's calling me and so but I'm saying like he was like, you know He just outlandish things like things like that like You know logical thinkers don't uh go to those kind of um Places where he was taking things and it was just too extreme and it was just like, you know, I mean So to your point And the funny thing was he was he was a lot a lot of it was like he was calling He was saying j max opinion based drive makes games opinion based and then his whole thing is all opinion based It's so counter argument. It's all opinion It's just a bunch of opinion about like the things that could possibly might be going on. Here's the thing. I've interviewed You know Thomas Healy four times. That's basically once every six months, right? and he in every and we've we've spoken or been in contact maybe four other times outside of that via maybe email or Um, never never I've never talked to him on the phone. I've never talked to Thomas Healy. I've never had a zoom chat with them I'm never any of that kind of stuff. It's just been He's he's very much about business I'll say that right now like from my my trip to Austin when I met with them We had we crammed all of that content from 9 a.m. To 12 p.m. And then he had meetings all afternoon, right? So his his team said Like I said, the diesel wasn't in the plans. They were like, you know The the team wanted me the media team wanted me to get in the diesel because so some some Foolish folks were like on my channel or like, you know, um Not my channel, but even all the platforms that were like, you know, this guy don't know anything about Trucking and he's he's given an opinion on trucking. Well, the thing was that's an unbiased opinion You get you get me in a diesel truck And then you get me in the hyper trucks the hyper truck. You are X and then that gives That to me that is a unbiased opinion because I've never ridden in either one of them I can I can for the first time riding both of them and say, okay, here's what I think about them It's not like a trucker who had maybe had all his life ridden in a kin Kinmore truck, you know, um a freight liner. I'm sorry a freight liner truck and then So he might have a little bit of bias because he's like, it's my favorite truck, you know Well, I've never ridden in the in the freight liner truck and I've never ridden in the peterbilt truck I've never sat in the 18 wheeler. Like I said contrary to popular demand that I'm a redneck truck driver Oh Oh, I always thought Jay Mac. Come on, man. It's like you'd be a character in the cars movie, you know, I'm saying right That's what I told that's what I told times. It's just the north Carolina accent. I'm I'm college educated I'm I've been a software developer A lead in in my in my uh industry for like 10 plus years. So I'm an educated um Truck driver redneck. Okay. All right, so I I didn't even look at it that way to be honest. I was just thankful that you know, what what's missed and you said it a couple of times and It was kind of cool. You admitted it. You went down there on your own dime So Come on, man. Like you just somebody commented on my channel and said Ryan, you're never going to make everybody happy You know, you got people on one side or the other and that that's a coming back And I was just disappointed because to be honest with you, man I I know paul is not a bad guy. Okay. He's not Just like you and dexter and everybody and I think as a community of content creators We represent a community that's bigger than ourselves and um, I I I don't I don't I've seen that go many times on youtube. I've been doing this five years and It's something that I I despise. I shy away from it anymore Because I I don't like it specifically but Yeah, I thought that was a little bit of an overreach and Like man alive. Is this really marching toward progress? I don't I don't know Jesus louise people can say what they want to say But man alive people can also consume what they want to consume and um, you know You leave it up to the people that You made the best point just a little bit ago before Here I am. I'm a little bit heated. I'm a little bit hot about it. I've been wanting to talk I've been wanting to make a video. I've had I've had a very busy week with the The college educated software development job that I do have. Okay, so So I I was I wanted to I wasn't gonna I wasn't gonna make a video about it I was just gonna make another video a follow-up video on highly on But I just didn't have the time to do that But you made the best point that At the end of the day, even this is even for me. Okay, this is me retrospectively looking at highly on. Okay I wasn't I thought highly on was maybe Like I'm talking about two years ago further along than they were right So I think even me personally retrospectively looking at highly on out. I didn't realize that they were really They were more of a startup, you know, I mean they had a product They had the hybrid, but they didn't this this hybrid hybrid rx is You know, it's forward-looking. It's it's something now But the thing is my why my opinion has never changed on the company is because to me it is a super disruptive product in the industry. So my my opinion never changed on them. It's just my Overall thesis of the company was I thought they were further along than they were but they aren't and so you know what I mean, so it makes sense that um You know some of the volatility that takes place in a company like this But this is where like you said, you gotta, you know, if you if you're If you have conviction and it's something, you know, you see that the writing on the wall But this actually could disrupt and like I said, you know, they're they're they're becoming that's why You know, that's why I believe Cummings acquired merit or as I believe they they they're a little bit threatened by Maybe a little bit by highly on future looking I think it's a way to get exposure to highly on You know, they're gonna benefit now. I mean those the axles are gonna be bought from let's call it for what it is Cummings now Yes, um, I think it's good for the industry. I really do and I've always stated I knew Cummings existed two years ago Jason. Okay It ain't some big damn secret. Okay Um, and I always it was always part of my thesis that Cummings would stay in their lane Cummings is an engine manufacturer And although I do believe the industry is marching toward A partially electrified future There's a place for hydrogen fuel cell, but I have a 10 plus year horizon on that I'm a lot less bullish. I'm much more dovish on When hydrogen fuel cell is going to be available and I put a 10 plus tag on that I do but um Yeah, no, I I agree with you. Um, I think the supply chain has hurt them And that's not that's real stuff Jason. You can't you can't dispute that Rick Schnellman who's in the group here. He's a big shareholder. He's in the discord, you know rick and He helped me with my calculations because I was trying to answer the question of how many units or how many rigs Highly on would need to produce per year to hit that break even, you know that critical mass per se And we were going back and forth between the number of units and I think he hit it on the head He conservatively estimated about 5 000 units per year 5 000 units with about 30 000 of profit per unit I think he's pretty dead on on that. So that's kind of where we're at You know, you break that up over the months and you're thinking, you know 300 250 to 300 it is going to be the range And that's why I was really intrigued on your question at thomas haley when I when I you know of my question And he did a good job of ty look we we were in bed with peter built and I believe they are And to hear dexter talk about how awesome it's the 5 29 or 5 Something that peter built that model that that's a that's a Cadillac model for a lack of better It's it's like a Mercedes when you when you're in there. It's pretty nice. It's pretty amazing so So I think to see the dominoes fall and I I think to get however many units they're going to be able to turn Out off of the peter built wine. I don't know Can they do 25 a month? Can they do 50 a month? See? I don't know that stuff It's going to speak to you know that domino effect on the other oems to make sure that we can approach that 200 or 250 units Per month and we're ways away from that that we are so yeah well, you know what I read into it was like I said I the you know The first quarter math of the 33 is what they have contracted for and they committed to and they told those Uh, you know the first three the first hundred they said they'd get out in the first quarter the first Uh quarter of the year so that's 33 and they they said that but you know, but but you heard thomas when I asked that question He said, uh, you know, but the goal is to do more to because because he knows that there's not going to be only 100 Orders with con let that have backed it by the posits by that point and you know of the game So The in so they'll probably source out the the others as they come in They'll do as much as they can at austin in highly, you know at highly on But and then but they'll they'll use the the other um because there's the unannounced Uh, uh, texas, uh, manufacturing plant that is also going to do installs that they haven't announced yet. You know, so Um, is that like is is that like the mod center that they're that they're referring to or is it? Yeah, well, there's one that I can't remember. I don't Recount the name of the one that's in all of the presentations. There's one. Yeah, but there's another that um has surface that is um, they're looking to because the the other podcast truck freight waves freight waves freight waves So his article if you read it it says there's a you know unnamed company in texas that they're working with that's going to do Right on some of the installations of the I think they're gonna get there I I think I think me and you can presume I think in one way or another they're going to get there And there's no way that we're going to be able to tell how they're going to get there They're going to get there that they need they need production help once they get this thing certified They're going to reverse engineer the thing they're going to break it down and they're going to put it to the line part by part That's what I want to say to That you know Rick and to you on on that point is you know, you know the stock market works is okay So yeah, financially and in the revenues and in the earnings you would need five thousand But do you think that the stock market needs that? That to know to project the stock to to have the Multiplied, you know, I mean look at tesla, you know, I mean, you know, you kind of rail on them a little bit but Right there they're You know sort of ford I mean they're they're they're multipliers really big, you know because and that's what I think will happen Well, highly on eventually once a lot of this is realized and started and started to be seen by the The number one wall street and then no and you know and and and just people in general and the in trucking industry once some of that stuff has started to Material one one some of that stuff starts to materialize and then you can start seeing it other companies, you know Promoting it and things like that. So but that's you know, that's 20 24. You know what I mean? Yes But that's right Yeah, so that's my take on I don't think it's going to take that to get the stock priced way above what it would really need Needed to be at a You know, I don't know if it was a Low company. Yeah, that's right. It's not a look right now. It's being priced at liquidation value It's being priced right now. It's 750. It's jumped pretty significantly this week. It's up 11 percent this week Um, it's got a nice floor. I mentioned this a little bit, but 150 million of value being put on this company is laughable I can't say it any other way The disconnect is very real and people need to make their own decisions about what they want to do I've made mine. I'm good. Rebecca said she got put 1500 shares at 395 That was the very last buy that I made at a thousand shares I I just bought a thousand shares outright. So she was put those those shares at 450 So her cost base is put her in at 395 Which I think is just fabulous this company with three in front of it is stupid Um, I'm gonna be laughing someday. Trust me. It's gonna be a hell of a live stream I do and it's gonna be a party But uh, can you explain this comment here jason? I kept it on the screen I want your thoughts on what you mean by this Yeah, I was just saying that in 2018 I was a new investor and it was that quick, you know 20 20 drop and that like Shook me and I was like, oh, what am I doing? You know investing and then uh, and in 2020, you know covered here and The magnitude of it here, but then, you know, I was like I invested in a lows at like 65 dollars, you know, I remember Yeah, and um and lows like quickly like It was a v-shaped recovery obviously in 2020 So I and I took money out of savings I took money, you know out of everywhere during that 2020 dip, but but at first I was still nervous. It's like 2018 on this one never never like Just I was just like, you know, okay Now I didn't do what I did in 2020 which I wish I would have but I but I just maybe like doubled up on some of the Things I was investing into I was buying I was buying like a hundred share blocks of highly on ouster I was buying a little bit more ouster. I actually started back buying warrants of ouster, which and and some you saw I Did some a few low five call options and things like that And I did I did actually I did actually open up some Long call options on highly on too, which I hadn't done before it was mostly I was buying shares But um, I bought some long calls on on highly on and I ouster a couple of companies, you know And um, so it was just it was just like you said like being like a robot, you know during this particular downturn because Okay, yeah, you know, I think matt money summed it up pretty well. He's like, you know I mean and I know this if this escalated to where it was You know other countries getting involved. We won't talk about two months But like if other countries will start to get involved like backing russia china Whatever, but um, you know, then it could have gotten nasty it could it still could I don't know But um and at the end of the day the markets are very resilient There's a lot of capital. There's a lot of wealth that in the outflows and in flows back pretty quickly into these markets, right? You know, these guys these guys who triple and quadruple their money every Every downturn they know what they're doing and and so they'll let you look like fools you you being Us dumb sheep investors. They'll let us look like fools. I'll say us I will include me on it through and and they'll let you sell out of your stocks, right? And then they were like, okay All right, I'm just gonna You know keep on accumulating the stocks that you are all like down on and like just like writing off Stuff like that and so I you know, I like I picked up a few different companies that I hadn't Invested in because they're the other than the ones we're talking about the speculative stuff. There's some great There were some great opportunities that were presented. I picked up amd. I picked up facebook you know stuff like that So that that's you know, so now it's like You know, like I said as a new investor, you you'll get shook by something like this But once you stay like you said stay in the markets and get some, you know, but again, I'm not experienced according According to the rat so I got no experience but um I just I just I just think that I think arrogance has no place in stock market investing I've got enough maturity in this game to to really put that out there for people to understand them Sometimes it can prove you really right and it can prove you right in the craziest of ways and I think To take the conviction and take the trade on and win at great good for you. Um, it doesn't doesn't mean you're smart Um, you know a lot of capacities it means you're lucky And I think people really need to keep that in a box I don't define my life based on you know, my my my portfolio. It just is what it is. It's a it's a pledge to my family It's a pledge to myself That I don't need to buy a bunch of crap that a lot of people seemingly think that they've got to have in this life And that's just me. That's the difference between me and a lot of people out there They just they've got to have those luxuries and and and they've got to have those luxuries to the extent to where It drives them into debt And and me I just don't play ball that way. I just don't and um, that's just the way I feel about it You know, I think people could do better. I do Yeah, absolutely. Yeah, I mean for sure like me and my me and my wife we talk all the time We're like, you know, we talk about what if what if highly on Shares hit this price and then ouster hits this price. So it's a long-term plan. It's not like this is gonna happen And we don't care if it happens, you know soon, but it's when like I said, you know, once once you're at best thing It's like it's a long-term thing. You know, that's why it's funny like on twitter, you know, all of the The gurus slash furus fake gurus they go silent during this whole downturn you know, and They'll be touting their games now, but but see they like you said, they missed a full week where a lot of stocks recovered 30% This week now could it could it next week something happened again and another like They could be another Yeah, it could change again, you know, but um, but but they're gonna they'll be touting their gains next week You know, if it if it continues on an upward trend But you know, they missed the window where you know investors that really like truly investors Just kept investing, you know, I mean and look for the opportunities, you know I mean I understand like keeping, you know, keeping some cash keeping dry powder. That all makes sense, but you know, like You know just continue to invest through the ups and the downs if you're doing that you You know, but yes, also I'm looking for value the whole time Like when it when they're at all-time eyes look for companies that are undervalued You know when it's really far down look for real high quality companies that are undervalued, you know There's a method to the madness for sure. Yeah, well said Well, good stuff my brother fantastic. Well, I I'm gonna look forward to that live stream. All right, man. Keep on cutting it up Thank you again. I'm serious now. I mean that I don't say stuff. I don't mean Okay, just like what you said about you and your wife. You don't invite somebody over for dinner Not follow through I appreciate it. Yeah, we're gonna do a live stream together at some point in person Do you know what's gonna happen? We're gonna do it. We're gonna we're wearing a holly on hats and we're gonna You see how much it up in the green screen. You see this You see that's cool though. It's kind of sick. Yeah, it's dope. I love it. I love it All right, man. Love you Ron. Appreciate it, man. Say it likewise, brother. Take it easy. Say hi to the family Hi, brother Fantastic, man. What a treat and then Jason pops on it's open door policy That goes for anybody any of these Friday live streams if you want to See how you look on camera Come on be a guest say hi Um, I clicked over last week and I clicked back into the studio and there was somebody waiting there for me to say Hello, and I was like, hey, I threw him in the studio and said hey, what's up? You know, the whole idea here is um I reverse I flip the script. Um, I put you guys on the pedestal That's how it is because I do this message because I can I believe wholeheartedly that we can make tangible results for people Whether it be a small capacity Whether or not making it through this volatility, maybe a little down, maybe a little bruised But you made it through guys. That's a small win. Okay Now did you come out of it and and and you just woke up in your Lamborghini? Probably not But having perspective about this deal and earmarking those Uh successes in investing is the key when you're being critically evaluating over your processes. Okay I do want to go through the portfolio reviews. It's been a while. I'll go over time tonight Um, I'll I'll go probably half hour over So we'll go an hour and a half tonight on the live stream I want to get to some of the lesson that I had tonight. So stick around For yourself number two. It's all right if you were in the gym five days this week You could have you can have one. Okay treat yourself Most definitely. All right, let's go through here is the taxable brokerage account We've got these everything was up week over week. Obviously Um, it took a $44,000 bill to the positive. So Not too shabby. I still feel the same I was happy last week. I'm happy this week. That's some really nice projects come through. That's really what I'm happy about I'm very happy about highly. I'm finding it's footing Yeah, the little things areas that I look at the portfolio that I I knew needed to improve And it was nice to see that vindication. These companies was really nice to see amazon and google Provide their support going into their eventual 20 to one split That's going to be great Where I would have bought them, you know at 2600 for amazon and Below the three for google as well. I wouldn't buy them here pre-split But it's going to be nice to hold those through the split pick the extra shares you can see Um, uh, Oster there here highly on the triple cues. I mean that gave back a $12 bill It was incredible man. It was at 40 and I almost bought another 100 shares of it I wish I would have I didn't but it was nice to watch the portfolio improve Here's Roth one I did add what we add in here Palantir was the ad here 300 shares Bought it around the $10 mark. We're up really big in that position here. It's it's done nicely at a nice day today Um And that that's about it for that one So we're good there Roth two Vig I added 25 shares to vig which is the vanguards dividend appreciation fund I added 25 shares to that on the dip I did add matterports back into this Um, it hit my price and I picked it up here on an extreme sell-off Um, everything sold off. Uh, and this was the week that I saw some strength in some small caps Um, the micro caps are still Showing some weakness But that'll be an area of the market that I'm really monitoring going forward and hopefully we can get some strength in those areas This was one of the fund ups here Amazing how much progress this portfolio has has shown look at that Um, this was one that I started to prove to people that I could make 10 000 bucks And how fast I could do it and I think I did this in like 10 months Um, so you can do it too. I think man 10 months and I'll never get there. That's what most people say I'll never get there and you won't unless you Come to the realization that you can And look at this staring down passive Investing threshold of 25 000 in this portfolio. I've owned it for just over three years So really good progress there. What does it mean to be an investor? Now you tell me Okay, doing really well. And this is the dividend portfolio. We're up to 92 Holdings in this portfolio a chronicle this very portfolio this week Fantastic, this will approach the $50,000 threshold For you guys that have been with me you understand understood Some of my videos throughout the history of the channel have this at $1,580 $1,800 and $1,500 when I first started it This account right now is is great. Um, it's progressing nicely Bond portfolio I pulled back from funding at a bond portfolio. Um, I've allocated those fundings elsewhere Those are going into the Uh aforementioned two portfolios that I just disclosed for you guys So we picked up a little more aggressive dollar cost averaging I'll hold that true until we return back Or if we digress down we'll continue to buy the market a little bit more aggressively than what I was Okay TSP here at 61 000. This is right back where we started 2022 We've missed nothing now. We funded this aggressively. I fund this with about $1,000 a month for you guys that keep in track so But uh, you know that that funding schedule has helped Provide that buffer and a defensive strategy in volatile markets And it's one of the things that i'm going to jive through as I go through my list of of what i've evaluated Through the downturn as working Robin hoods up. This is the growth Um, this is the mid cap. This is up Uh, globe x is settling here at about 25 cents a share. Um, this is a micro cap company 30 million dollar market cap We're going to be rolling out an enormous campaign on on globe x. You guys kind of want to stay tuned um Just another of many examples that I have on the channel to sit with Phenomenal people phenomenal CEOs and there's none better than elaine gi Who's the the head master at globe x? piece of social media content put through there of him at in time square in new york with his globe x advertisement going on in time square right behind him He he's hustling. He's making things happen. Nobody works harder than the top guy and top shareholder as well in the company Mr. Stay tuned for that on the channel. It's going to be a lot of fun crypto or back even we have not made a dollar We have been up to five and down to 22 and now we're back back to 25 Uh crypto investing a lot of fun for all you crypto enthusiasts out there You guys are awesome and I give it to you. It's you guys talk a big game and you're probably making all kinds of money That's that's lovely for you. I'm super stoked for you. Um, this is how I make money $4 and 80 cents so for you guys that stick around just for the sheer nature of doing so Really appreciate that. Here's the validation For you guys again four dollars and 80 cents In the portfolio of of cardhold cash, maybe cardhold cash. Is that how you say it? Anyway, we'll get back to the con. That's the portfolio review last week at 4 44 Um, so to be at 4 80 just shy of you know, 40 40 grand 36,000 whatever it is Um, and then we took a another wins in a couple different departments on some payouts So we've done really well this week. It's been a nice week. Not bad not a bad week Just a little independent investor channel that could Tooting right along for you guys see it's it's awesome. I can put you guys in control I can make you guys the boss of the channel and I can make a little dab of money and you guys could too no doubt I'm excited about globe for sure. That's fantastic that those interviews are they're bad ass The guys solid as a rock. He's awesome, man The way carries himself the way represents his company very confident And in that video that is, um, uh, accessible through social media, um, I don't want to give away too much You're gonna have to find it. Okay. And then there are reasons for that But it's very telling very cool stuff. Look out nasdaq I uh, yeah 20 22, baby. I knew 2022 is going to be a big year, man It's shaping up to be just that um with no dull moment. There's no doubt Jeremiah is in the house. Great to see you my brother. Thanks for making your way on. That's really cool Um, yep the tq's that the triple q's was up big very nice Damn it. No drinks for me. I did not go to the gym Oh, come on now Eat a little bit. It's all right. Make it up tomorrow. There's always tomorrow, right? Um Guys like me they come on and they talk about this and we don't we don't we think that it's just a whim That comes about us one day when you're like, I'm gonna start working out seven days a week No, no, no, no This is years and years of mental conditioning trust me guys And I would encourage you guys to look at it the same Nobody just decides to go and just start pumping iron right away. You you get turned off You'll quit a thousand times before it actually sticks with you And you understand that you're a better person with it than you are without it And it's that very thing that you get addicted to not the pain of being in the in the gym. Okay It's the after effect. It's the investment in the process And then the renderings that come from it are are what you're actually addicted to so It's a beautiful thing. It really is. All right I hope highly on Thing for many reasons, but my work works for North American fuels formerly Detroit diesel. Yeah, and they remain components for these engines And businesses currently is still good. Absolutely and they'll continue to be good Detroit diesel actually in my opinion makes one of the best diesel engines on the market. Mm-hmm. It sure does That's great to see you my friend Eric Webers in the house popped in last week to say hello Um, not you made a great game too bad. He sold it fantastic There he is There's passive income man. Great to see him and that dinner looked fabulous. It's great to see you my brother Thanks for stopping in it's awesome stuff, man No, you were out to dinner, man, you're good to go man. I saw the I saw the post good stuff, man It's great to see you. Absolutely. Now we're we're making a little headwind here We'll get it picked up google and nvidia awesome. I like that. Just kind of cruising up here Sheep investing maybe we'll go with the sheep outro tonight. No, I like the I like the I like my My staple it's good. Anyway, I want to throw a list that you guys on what worked here. Okay This is what worked for me And it can work for you. I'm very careful with providing these is not something that's exclusive to ryan It's just so exclusive that it can only work for me And if you want it to work for you. Well, you got to buy my course, right? Send me 1762 dollars and 48 cents. All right, and I'll give you the secrets to success When in fact all you have to really do is just listen up I'm going to give them to you for free right now dollar cost average Set up a schedule and buy the market no matter what you come out of times like this and you're like, okay I bought the market like I can I can really feel the effects of that now It'll really come to fruition into the future where you've picked up those shares at a lower price It may not be apparent to you in the short term, but it will absolutely Make a difference over the long term and and don't expect again To wake up out of your stupor In your Lamborghini. Okay I have a question here Rhetorically and I'll throw it out to the group What does success in the stock market look like? Do you believe that is Making millions and millions of dollars in the stock market and aspiring to all those things that you think you need The Ferrari the big house the big cars the the wealthy lifestyle, right the gold chain hanging from your neck It's not it's those little wins as a successful investor It's that bulk of investor that I alluded to a couple weeks ago those tsp and 401k millionaires That's success in investing because those people understand The common thread amongst all of them that buying and funding the market over the long term is the tried and true way To build wealth in stock market investing My niche on the independent investor channel is you can do all of that But just do it Free of the financial institutions out there take control of your own finances And you'll be so much better that you did right you're keeping all of those fees. Look at it like you're paying yourself All right to invest in Somebody that we ignore all the time and that is ourselves Okay, it's okay to be a little bit selfish for a lack of better terms on this gig. Okay Keep yourself in mind when you're looking at putting a program in place and say, you know what I can do it Strategic buying of the market Monday was an example of just that Pushed some money into the market there looks to be a nice inject for me. My rules are very simple 10 20 30 and 40 Percent to the to the to the downturn Do I think we're going to go there? I don't I actually think that 2022 is going to be an up here That's my forecast. I just think we're coming off of such a bull market And even by the Fed chair's submission the u.s economy is strong It's strong. We have a few issues And and those can be combated but those issues actually are somewhat of a tailwind For some other areas of the market as well. Okay, so just be kind of careful there um pocket investing what I mean by this is I invest in multiple buckets. Okay, some of you guys do passive investing some of you do active investing Some of you do dividend growth investing. Some of you guys do growth investing You know bond investing some of you guys built to cash I do all of that and then some cryptocurrency. Okay, which I scoff at a lot of the time But when I when I when I when we go into volatile markets like this and I'm observing the portfolios I'm looking for pockets of where I want the addition to go And my decision came to adding to two strategic buckets Number one the dividend growth portfolio with the dividends There was a few more stocks that I wanted to add and then to buy that dip down 10 I thought that the passive option was a really good option to opt into now I didn't buy the smp in my wife's account But I did buy the dividend appreciation fund in my account. Okay, and since I was heavily buying the smp 500 in the tsp That was something that allowed me to kind of comb over my set of accounts And see where I wanted to add The most could I be wrong? Yes, but it gives you that optionality Within your application to say, hmm. I want to increase a little bit to the tsp Or I want to increase a little bit to the 403 b I want to increase a little bit to the dividend portfolio I want to increase a little bit to the vanguard Specialty etf and that's exactly what I did. I'll roll that video out tomorrow for the good of the order. All right Dividends dividends continue to be paid through the downturn. I have everybody's bitching and complaining blah blah I get an email almost every day. Hey, Ryan. You got a couple bucks of dividend fantastic That's two more dollars toward my goal of millionaire status Oh, we're marching toward that goal where we will we ever get there? I don't know. I don't profess to be a A millionaire investor. Am I professing to be marching toward that goal? Yes, what gives me that? Credibility what gives me that? arrogance To come on to a youtube audience and declare that it's because I've met the $500,000 threshold That's threshold 10 out of 11 to meet a million Um, and for you guys that wonder what those incentive thresholds are. It's very very simple 500 1,000 2,500 5,000 10,000 25,000 50,000 100,000 a quarter million 500,000 a million. That's 11. Okay Those are the incentive thresholds a bracket Of of thresholds. There's a few in there that are very difficult to get to 10,000 is very difficult 100,000 is very difficult Quarter million I thought was easy Half a million is very difficult and and then a million dollars is a nice a nice milestone for anybody that's working on This strategy right here that doesn't isn't just bestowed wealth Is a working class person that takes a little bit out of their paycheck every month and puts it toward a program over the long term Because they have years the years are the very ace up their sleeve The independent investor channel shows you how to take that time And and really liberate those dollars to maximize that potential over the over the time that you have to actually invest Okay dividends very very awesome My side hustle through this volatility has really helped and I think a big thank you to the audience and there's no doubt For you guys that do support those promotional contents. You know, what's funny about this man I I rewatched my interviews and I was like that's an awesome interview The last one I did with allister still was fabulous Gold mining is a fabulous company. It's traded on the new york stock exchange to have the opportunity to have a guest like that on the channel I'm like a kid in a candy store. I loved it. I thought it was fabulous It's 26 minutes well spent and my loyal independent investor audience I I don't think there's many people that do support me in that I really don't I hope i'm wrong But I don't I don't have a lot of response to that because they know I make money And it's not right to come on and make money on youtube. I should come on and just do this for free I should sell out every friday and just do it for free for people, right? Even though they tell you nothing in life is worth for free I tell you what guys i'ma be honest with you man I deliver the goods every week and if you listen up your life can be changed You just have to listen up and you want to apply Everybody wants to make up stuff as to how they can deviate from these things that i'm laying out to you And and they end up Falling short of their goals. They end up not succeeding more than they fail Which is the whole idea in investing you're gonna fail The idea is to outweigh those failings with those successes As you deploy this investing game. Okay Focus on other stuff focus on life Focus on the diet and the exercise. I foot stomp this all the time It feels good to foot stomp that for people so they understand the holistic approach that I come bring to the table Super important if you sit there and just dwell on this stuff. Oh, it's horrible for you It's just horrible and i'm gonna tell you there's gonna be temptation to do that like Like I I I can change it ryan I can do it I could change it if I just think a little bit harder I I can change the the ways of the stock market. I can do it. Just just just give me a second here. All right It doesn't work that way So You know put your mind on on other stuff to be more productive. I lost 10 pounds through this volatility I've been working out like a championship Yeah, I feel better than I've ever felt before and i'm gonna continue that Pick up some of this life habits. I mean worst-case scenario you get addicted to it There are worse things to be addicted to in this life and you know diet exercise things like that They really do they go a long way diversification That's the ultimate buffer against volatility Cash saving the cash Have a little cash on the sideline to do what I did on Monday And that's deploy a little bit of that cash into the market for the long term very simple I was opportunistic about my buy. I got the 10 that I was looking for and I took it Could I be wrong? Yes. Could I be right? Yes. Well, I win in either case. Yes. Yes. I'm good I played a win. I don't I don't make strong moves in the market to lose If I'm gonna lose per se in the short term No problem. I'll wait you out. I have no problem with that Okay, I have the mental mindset to understand to keep my eyes on the prize long term. All right Consistency is key consistency and thought I think is important and Understanding that if you're wishy washy about being happy happy happy happy After weeks like this and then next week we have a down day and it's like, oh, here we go again. Oh You know and you allow yourself to be back and forth Consistency and application is that you've got things on your mind That are all about like shelter and food and advancement at work and health and well-being and family and all the cool stuff in life Try to parlay and separate from your money. Your money's fine It's doing what it is that you've asked it to do let it do its thing. Okay holding Give yourself a round of applause if you've held through this Little little glimpse glimmer of light You know perhaps provided this week on on what markets look like when they go up. It was a good week It really was i'm not gonna Not gonna debbie downer this week. It was it was a nice vindication I mean you see the effects on a portfolio of of my side I mean I made Ford out 40 cents and a $4.80 portfolio. So it was a big percentage of change in the portfolio But but but holding very simple Not panic selling which i'm going to talk about and then to have a neutral mindset neutral Understand why you entered into it in the first place and and and don't go back and forth Deliberating on why you should or shouldn't pick up that out that get out of jail free card on your phone and just start liquidating everything Hey, I got hey man. This feels good. I think it finally finally I can relax finally I can sleep. This is awesome. Jeez Louise What not to do there's five of them six of them or so here panic selling never want to do that There's a time to sell I took the sell option off the table last november It's been off the table and it will remain off of the table until I say go again And and and there's only certain acute time frames in a specific Evolution of different cycles where the sell option is on the table. Okay, we're not in that cycle right now. Okay Don't lose perspective over your long-term vision. It's times like this where every day is down It's meant to draw on you it is okay, but when you lose perspective you start to Allow things to creep into your mind as to You know, why am I doing this? This this is an abnormal It's abnormal to watch my hard-earned dollars. Just go down down down If I just stop the bleeding right now All the pain and suffering will go away, right? And I think when you when you do that you succumb to the short term Because you're losing that perspective Um in the short term giving in okay, it's usually an emotional decision. There's no emotion in investing You're giving into it When you get down on yourself these all kind of have the same theme But things that I've I've seen and then second guessing your program, right? So when you're all fired up about investing and you have a well laid plan in front of you and you understand exactly Why you're looking to do what it is you're going to do for the next 10 12 15 18 20 plus years And you start to second guess that program. Okay your holdings are fine You know, we've aligned that plan as best as we possibly could To with your tolerance and your investing profile Okay, those two things coupled together Are will only fail If you subject it to failure in other words, if you just step on the neck of that program Uh inadvertently or or or purposely That's that's when you start to get into trouble. All right You need to understand what it is to be expected from the stock market before you get involved in the stock market Very important to understand that and I'm the first to tell you Stock market is not easy It's it's it's it's easy in that in one word. I just disclosed it to you hold Is sometimes the hardest thing for people to do hold just hold Okay, if you have fair expectations in the market and understanding that you're going to go through Times like this and you're going to go through them again in the future. All right Also need to understand what is going to be required of you To render the most amount of success in stock market investing I think that's very very important for people to understand those attributes about themselves That is going to be required to make sure that you can separate Yourself and put yourself in a category of successful investors For each and every investor it's going to be a little bit different But there should be some similarities about everything that I just talked about with regard to you looking Objectively at your program now and saying I did dollar cost average through the volatility I did do a little bit of strategic buying I did tax protect my money Um, I I I did I do have a side hustle You know, I do a little bit over a year to add a little bit of side income to the program I do make dividends or at least my portfolio is set up to render some dividends Whether it be small or a large in a large capacity. I am diversified I do a good job of focusing in on those other things in life These are all those things to where if you just ask yourself rhetorically What is required of me To do what it is that ryan's talking about to realize those successes In the face of failure in the stock market I think you're going to really define yourself and It's amazing to me all the downturns. I've ever been in in my life Um, they've hardened to me. They've defined my ability Jason kind of alluded to it when he was he came on a few minutes ago We talked about the first one being like, oh my god. I didn't sign up for this. This is horrible The second one being a little easier and this one I I got this bitch now you go through it So many times and you're like, hmm, how could that? How could I have played that a little bit better? How could I have played it a little more offensively? How could I have played it a little bit more defensively? And you're able to draw up that corral around the opportunity To give yourself some defensive tools as well as your as your offensive tools And I've just given you a lot of them there Don't be afraid to deploy those and a lot of you guys man Your human beings just like me. Do I like it when the market's down? No I do not come on and profess to be a robot. You have to invest like a robot But I'm going to tell you I'm not a robot. I'm a human being when I see the portfolio going down It affects me too. What separates me from a lot of people Is how I react to it Right I might just downright be pissed off because it's like come on How about the timing? I entered into big tech at the absolute wrong time I entered into small cap growth at the absolute wrong time Do I beat myself up over it in so far as making a rash decision to try to somehow make up for this huge mistake That I've manifested in my head to be wrong No, not at all. I go about it deliberately. I look at it objectively I allow myself to take on a cool head and perspective I re rack I refocus and I recalibrate my application And one thing that's been proven over my life that is is tried and true You come out of these situations so much stronger and there's nothing I can do There's nothing I can say to help manufacture those opportunities for you Then just to provide you the coaching To kind of shepherd you through those moments as they're happening as long or as short as they are And and allow you to realize the renderings of going through that and going through it the correct way So guys will really appreciate you joining me for the live stream and went over about 20 minutes tonight I'm happy with that super stoked to see you guys I'm going to drop an invite at the bottom here if anybody wants to kick on say hello Whatever it may be. I'll kick around for a stick around for about 10 more minutes. No big deal There it is. It is in the bottom Really appreciate you guys ban the community would not be the same without you Your success is the success on the channel. I will continue to footstomp this We are looking to build a community of empowered Individuals. There's no doubt about that We do not need assistance from the man and we try to cut the government out of Putting their hands into our cookie jar as much as we possibly can And together we'll build an empowered community of folks who understand the value of tax protection number one And more importantly wealth Preservation by the reduction or elimination of fees over your portfolio going into the future guys It's the best advice I can give you in giving you that strategic edge that ace up your sleeve to continue to persevere Whether volatile markets and absolutely profit and and waltz into the future that much better off Getting toward those financial goals that you've established for yourself guys. Thank you so much. Have a great weekend We'll catch you next week on the independent investor channel live stream the fastest 60 minutes on you