 it's Woodford Reserve tonight so you got to kind of take your time with it slow down a bit. Rick Schnellman says I need to take a little time and stop and smell the roses. That's pretty insightful. I really appreciate that my friend. I think at some point down the line I'm probably gonna owe a lot of these folks heartfelt thank you no doubt. I'd like to thank all the frequent subscribers to the message here to make their way into the Friday night live stream. You guys are the ones that create the core nucleus of the community. Ambassadors, self-directed investing and carving out a chunk of this opportunity. Always really foot stomping for those investors out there that may be a little bit intimidated by the markets. Anybody who's been in investing and in financial markets they've gone through hard times like this. There's no doubt about it. I've gone through so many. It's incredible. They come and they go. A little double whammy going on right here for sure. You know I think this year I think we're in for it. I think today was a nice reprieve. If you want to know my insight, take a little bit of breathing room that you have then provided today and buckle your seat belt. Financial markets have proven over the history of financial markets and if you guys want any validation there's no doubt about it. I'm just tickled to have you guys come to a small corner of the social media world and spend a few moments with me. I'm humbled. I'm just a hard-working guy. I get up every single day. I've been doing everything I can possibly do to buffer what it is that I need to do to improve upon different elements of my life that are within my control. Right now the invasion, that's not in my control. Inflation rates and the price of goods and the housing markets, those are the types of things that are out of my control. So what do we do about it? Do we manifest over those things that are out of our control? You know it's amazing to me how things don't ever just line up perfectly. Right? You get involved in the stock market and boom it goes down. It goes down right away. It never goes the way that you think that it's going to do. I was telling somebody that I know this week and said you know the worst thing that can happen sometimes to a stock market investor is you get involved in the stock market when it's on a prolonged upswing and it conditions people to thinking that the market only gives and it doesn't take it away. Right? I just want to put into context that take away what it means in the short term really is somewhat irrelevant and I think all too often there's folks that perhaps maybe were over-levered to the market. Maybe it was one of those things to where you put a lot of risk on the table and either you're aware of the risk or you're unaware of the risk and it pays off for you over a certain number of months but man when it turns negative on you it really kicks you in the face. Give you a dose of reality. I'm going to share with you guys some of my insights for those people. I'm getting some really nice reception on the live stream and I think there's a lot of patrons that are making their way to the live stream that are catching the message and good on you for doing it. I think this is a few minutes well spent. I think if you want to catch some entertainment on Netflix go watch Mandalorian or watch Boba Fett. I'm looking for a good series here to fill up some of my down time which is very little anymore. Projects are firing right away. Getting some interesting things going on on other fronts. The portfolio as I've been declaring to you guys has been kind of static since early November of 2021 and I was the only one that was calling it. I would come on to every single Friday and I would tell you guys look I'm not buying this market nor am I selling this market. I'm static and for the most part my 2021 posture was completely different than my 2020 posture. I was one of those Ozark he says. I was a little disappointed in the latest season. Jason Bateman was phenomenal as he always is. He was actually very good. It was good. I like Ozark. It was really good. That's another one. I blow through those pretty good because that's my decompression time anyway to pick up a little bit of that. But times are tough right now. There's no doubt but it's one of those things to where I think that the market had about a two-month head start on us. Yeah I do and this is how it transpires. If you think that somehow you're going to see all the stars aligned enough to give you the insight enough to where you can do what. Liquidate your portfolio. Some of the talking heads that we talk about. I saw the debate between Chris and Kevin. You know what's interesting and you guys want to know the truth of it. I have a lot of respect for Kevin. I really do. He's a really smart guy. There was a few insightful things that he said that actually kind of concerns me a little bit. In that how much time he devotes to his craft. I certainly respect his work ethic. There's no doubt about it. But there's a flip side to that. Where I kind of felt like there was a lack of balance being struck. You know you're already a winner. Right. I mean he needs to strike a middle grounder or even more of a conservative approach and just teach people that his channel is fine. It's not going anywhere. Once you get to that established level all you really need to do is buy into the tried and true fundamentals that I'm going to go over and I'm right. It's just that simple. And I always say when people come on and they profess to have all the answers the stock market investing that shut it off. Do whatever you can do to run away. I don't approach this gig that way. I know what works in this. And I see different examples of people being shunned off of the market because they break a very simple rule of mine amongst many. And in those cases they're just overexposed. They don't seek out diversification. And if you're going to hold a 12 stock portfolio and you think that you've got it dialed in with the growth metrics and those metrics are just going to pay off indefinitely. That's wonderful. Hell you can beat the market. You can beat the market for a year. You can beat the market for two years. Hell you can string together three years beating the market. But something funny happens man during times like this where those roll off. You're beating of the market the previous three years is gone. It's gone because you fail to recognize that beating the market is one thing. But protecting right. What it is to the downside is the other flip side of the coin that people forget all the time. And if you can just match the market. Go after that annual compounding growth going forward. That's really the key in taking more of a defensive posture toward your access to the market. How do we do that? We're going to discuss that in this video. I'm just going to make this a little bit more positive than the last few weeks I've been talking about the stock market crash. And I've got the core group in here. And I just love you guys to death. I really appreciate the support. I wouldn't miss it for the world. I love coming on and talking about it. We will be releasing the highly on video on Sunday. So certainly you're welcome to throw whatever questions you want in the gallery. I was making case ideas last night. Listening to the earnings call and giving a couple fist bumps on a couple of things that I heard. Thomas got a fist bump when I heard shareholder value for the first time. I don't know if he got that from me. But for you guys that have been here in me foot stomp the importance of acknowledging how important it is to at least acknowledge those retail investors and the investing community at large who have been on quite a ride. But for you guys that missed that call and are interested in an emerging company that's making waves by all means take 46 minutes of your time. The latter half of the call it was the largest Q&A that we've went through on the highly on earnings. They beat again. They reported revenue for the first time. Expected revenue very lean this year. Not immaterial but two to three million on the hybrid unit as they're looking to finalize step up in the hyper truck ERX but strike and balance. No doubt about it. The volatility geopolitical risk going on right now not to speak a whole lot of specifics inflation obviously takes a backseat when people are potentially you know losing their lives and being displaced from their home. It's not a perfect world we live in. There's no doubt about it. And the very the very opportunity that we seek out through stock market investing. We could all be so lucky to enjoy financial markets and the way that we do and to take a little bit of a pause every now and then because I think I'll see often in volatile markets like this we all get caught up and you know the day to day checking yes of course it's down again and I think it's incumbent upon all of us as investors and I do provide a calming voice. I'm really calm. I don't get fired up through times like this. Not necessarily the dollars fluctuating up and down that bothers me at all. It's the plan specifically and for the last six months I've been intimately scrutinizing and over scrutinizing the due diligence which is complete on highly on now it's just a monitoring and an evolution as the company evolves and this but six months I've been really scrutinizing the company because you know for me I just need some assurance that the company is pointed in the right direction and up until the last call going into those earnings call and I don't know if Rick would agree with me. I don't think Rick ever gets down. He's seemingly always right there in the pocket. He's got about six times the position that I've got in the company which isn't anything to shake a stick at either where the position is a millionaire maker. There's no doubt about it but it pales in comparison but it just speaks to the level of risk tolerance that a gentleman like Rick offers to the group and I really want to thank him with all sincerity for leading the charge here and being that voice in volatile times because there was a little bit of a phase there where I was kind of asking the scary question are they going to make it? Yeah and when you're asking those types of questions on a company where I feel wholeheartedly that the world is better off with it and with all the team and with all the pedigree and with all the opportunity coming public through this back process you want to see them you want to see them succeed. You want to believe that it's possible that new technology can stand a chance. You know there's some interesting commentary out right now on the fate of hypergrowth right now and the majority of it in markets like this they don't succeed. They stand the best chance of succeeding in markets that are conducive to those companies that are stepping into an environment that are conducive to those types of scenarios. Okay this is not a market like that this is a market that will eat you up and chew you up. I you know Palantir I swung trade at this week I made a fortune I made 10% the day on Palantir. Palantir is my number one conviction by their involvement in their government contracts is very very attractive. The problem I guess that I have not with Palantir is but from a portfolio perspective you know I entered into a hypergrowth on companies that I had conviction on and they've all rolled off. I mean anybody that's involved in anything small cap related right now can attest to that. It's been just really really vicious. It's been sell the market ask questions later. There's been really great companies that have been caught up in the in in the sell-off for sure. It's been a violent sell-off and entered into the correction territory. You know I usually buy at 10% down. That's kind of a rule of thumb for me. I'm not buying in large aggressive chunks here. I did and have been saving to cash for the betterment of three or four years. So and I'm going to continue to to hold that cash hoard. You know relative to the portfolio about a half a million dollars about 50,000 or more is sitting on the sideline and cash is nothing too crazy but but nothing to shake a stick at. In other words it kind of speaks to myself not really looking at being over levered in this market. At least where it's evolved to over the last oh you know I mean 12 years. I mean we're in a 12 year bear market just as of like excuse me a 12 year bull market and you know aside from a couple of hiccups I think it's incumbent during these markets. I think we have more potential this time with the inflation risk as we go into latter 2022 to really kind of be a headwind for the markets. Do I think we're going to have some catastrophic you know a recession or depression of sort. You know anything is possible. I think we're overdue for a correction of that magnitude. If we do enter into a 20 plus a percentage of down and enter into a bear market. I think we're overdue I do not see that happening that's my thesis. Irrespective of what I think I'm kind of being a lot more close to the best because I'm shaping up for something that could be a little bit more prolonged in the markets. And I think it's going to call into deploying of of of traditional methods of just dollar cost averaging the markets I I monitor the markets all the time guys and I don't see really I mean there's opportunities that I see when I go to the gym at five and the markets down 800 I mean we we went to war this week. I woke up and I was like well there it is we've we've invaded you know that the invasion has started pre-market was down 800 now we did a rolling reversal that day ended up up in the markets it was just insane. And that would have been a day down 800 points that I would have bought the market 100 percent of the time I just got busy I was busy during the morning busy in the afternoon and just didn't have a chance to enter the markets looked at it and said I you know I missed my short window that's totally fine there will be others when you're looking at the market in this volatile of times you know you kind of have to look at those opportunities and be very realistic the time to buy would have been beginning of the week whereas over the last couple of days I had the portfolios up shoot I I think I put a $15,000 bill just back into the portfolio in the last couple of days you know which was again a nice opportunity to take a little breather put your seatbelt on reassess I'm focused in on business I'm focused in on the side hustle I'm focused in on my work and thankful for it I don't know how you folks do it if there's folks out there that just rely on the stock market holistically for your for your for your living you better than you better than me I don't know how people do it I I think the stock market for me supplements my life and that's where I'm going to keep it it certainly is not it's a big chunk of my life it's it's an affinity and a passion of mine anybody who tunes into my message knows that but keep it in a box and I think that can be you know I think that can resonate with the masses who are looking to make sense of this and say goodness I I know how important it is to invest but man this is crazy Ryan like what what the hell is going on I mean this is this is insane I'd rather just keep my keep my money on the side and I think there's merit to all of it I really do you know I talk to people all the time who are looking to start investing and they're so they're so gun shy to start investing that they build such a cash horde because they're kind of afraid of themselves being their own worst enemy you know in segwaying some of those dollars into an investment vehicle to go after that capital appreciation or that dividend appreciation what it whatever it is that you're seeking but you know it's it's it's one of those things to where I I contend that you can do both and I I'm an advocate of what I preach there's no doubt about it I you know I rolled out to the vanguard's passive account this week and for anybody that caught that video you can see how well it held up in volatile markets it's just insane and you know for the amount of sleep that you can save and for the amount of time that you can save devoted to financial markets you can focus in on the things that are important in life diet food health well-being spiritual well-being family maybe a side hustle or a sport or or maybe even that you're busy you know making that living the statistic that was the most of interest to me over the last week that I picked up on is that there were a record number of millionaires not made by cryptocurrency not made by NFTs not even close the most millionaires were made and it was a huge increase number one through the TSP there was a 33% increase of millionaires made by nature of TSP investing the irony is that the majority of those investors made a nominal salary a salary that you know required them to budget it required them to save it required them to pay attention to where their their plan was and where their loyalties lied and the second was 401k millionaires record numbers being turned out from people that were just passively investing the markets so you know I only say that and I did give my proper credence to meet Kevin and I will pick on him a little bit in that you know for the millions of of followers that follow that message and perhaps maybe followed his lead and and sold sold everything you know there would have been a time over the time when he said to sell and today that you would have been right right you know I you would have been like oh my goodness this is incredible meet Kevin told me to sell and boom the market's down thousand bucks this is incredible I'm buying his course I mean he's going to save me thousands of dollars over and over again and Kyle says he's buying back has to because you end up kind of getting trapped in this little deal here where the market boom it shoots up you know the dows up 12 1300 points over the last couple days and that's the I don't wish that upon anybody I don't look I don't care I don't care if you're Kyle with passive income investor or or Jeremy with financial I don't care about me Kevin I I want those guys to all succeed I don't care they're already there you know my problem isn't necessarily what they do with their own portfolios it's the influence that you potentially have on others and I'm just here to tell you the truth and the truth is listen up trying to time the market and sell everything even with the rationale and he does this homework I heard his rationale he was right on in his rationale being right on in your rationale does not mean you're going to be right on in the stock market and this is what I talk about all the time if you're going to try that feudal game it will humble you to your knees it will prove you're wrong every time and you can look at me and say how the hell is that possible right and it can only do one of two things it's just amazing how often the stock market will do one thing and then the other and then jump back and forth so many times that it's feudal to try to follow it and it'll leave you on the dirty side of a trade if you're looking to time the market and go in and out of the market right so the solution is very simple it's very simple just buy and hold the market you know I sleep easy and you guys have to understand that the baseline of my portfolio is comprised of TSP wealth and it's comprised of passive wealth look if if we're making millionaires in the masses and we're talking about tens of thousands of people guys tens of thousands of people that have a common thread not to be pursuing the next best thing on YouTube these are working class people right Kyle does print these are working class people that are working everyday jobs you know so you look at that and say well I don't really work an everyday job I've got a little bit better than average I think I've got a little bit of surplus capital where does your alliance lie and I'm not going to make those decisions for you I'm just going to tell you how the facts shake out and and the facts are overwhelming you know invest for the long term do you need the money the answer is no right we all can sit here and guy no but we're good Ryan I don't need the money the very thing that you do during volatile times is you start looking at that money and you're like man it sure has you know it sure has rolled off pretty good you know we start playing these mind games with ourselves and it is futile you got to kind of let it go allow invested capital to work allow invested capital to act like invested capital and do not be surprised when it does you'll be so much better off look man draw line from now until some point in your future i.e. your retirement date and don't pay any attention to the line that's drawn between those two points if you can do that you have absolutely gravitated to a better place in your investing application and you will absolutely set yourself up for the greatest renderings down the line into your future guys I'll be with you back in just a second how to win I'm going to fire away at you right now how to win stay the course okay stay the course I can say it in a number of different ways I teach upon this you might say well I need the three stocks that you recommend to help me get to that end you got to take a step back shut up listen for two seconds but stay the course all right stay the course don't get caught up in the intermediary ups and downs in the market okay if it goes down buy the market okay or just stay the course you don't always have to be acting or reacting on the market all right take a defensive posture in the market okay this is hard for a lot of people to do because a lot of people look at it on the onset and say eight to ten percent that's pennies right and I can do so much better you're missing out on the compounding effect over your money going for a nice year over year average at least on a good bulk of your money it doesn't mean that after you've learned yourself up on the power of compounding interest over time that you can't expand your application and go after some dividend growth maybe some growth investing that's no problem I'm here I'm not going to discriminate there's all kinds of ways to make money in the market I'm not going to tell you you can't make money what I'm saying is the masses fall into the category of preliminary diversified passive investing to start okay give yourself a fighting chance all right if you've bought the half a dozen growth stocks that have been dominating and you come out of the SPAC era which is just really it's really taken a lot of people for a ride and you were ill prepared for that type of reality check it probably skin jet and it probably bones you so bad that you never want to return to financial markets again okay don't overexpose all right if you've got $10,000 to invest take $500 if you're real hungry to get started in investing and you're like Ryan I got it I'm good like I'm good I don't need any more pep talks leave me alone I'm good Heffy I'm good go open the safe get that $10,000 and put that $2,500 to work but put a little dab in the savings account man it's nothing going to hurt you have that buffer there that little bit of an extra sleep easy cushion it does nothing but lose money over time to inflation yada yada yada Ryan you're complete moron money does nothing to you listen if you're a mat money mats mats I've known mat a long time mats got the experience and the risk tolerance enough to expose himself excuse me mat not expose himself expose his dollars to the stock market as in a manner that's a little bit more aggressive than the average bear okay you can't handle that all right this is the live and raw piece you can't handle it a lot of people will say yes I can right I can handle it no you can't be I'm talking to you too all right I know Matt can handle it all right Matt's one of the best investors on YouTube okay so listen up and just kind of try to define those parameters and if you're going to define your parameters and you don't know where you fall along that spectrum give yourself a fighting chance and start with a little bit of a defensive approach and don't overexpose to the market that's you know I watch meet Kevin and I understand he's taken an exuberant amount of risk and I say well the guy's a multi-millionaire I think he's got 25 30 million anyway you know he's done quite well for himself and he's a go-getter man he really is I've liked Kevin ever since he started his YouTube channel entertaining I remember the old Grant Cardone videos those were classic I mean just classic those were like free little mini movies production movies they were awesome and I'm all about tipping my hat to success I really am but you know over the last couple of years anyway I think it's been the fashionable approach to just drive home that whole like the next best that the theme stocks you know hey everybody's stuck inside so therefore everybody and their mother's gonna have a peloton you know that type of thing it eventually cools off and if nothing else over the last couple months we've had a reality check to show that you know those a lot of those hyper growth stocks have really really rolled off want to make sure in wealth preserve Chris Blaine has talked about a little bit you know approaching that retirement age putting a little bit aside in the bond portfolio I've already started mine I'm going to display them for you too but I'm giving you guys the the lesson rapid fire tonight because I made a few notes gain some perspective okay this it's just investing all right chill out chill out all right if you need to get yourself some woodford go ahead it's all good all right if you need me to send you a bottle I will okay do what you got to do all right exercise more eat healthy do something good for yourself all right I've become a coach it's fantastic it's just it's just incredible for me it's a wonderful release you know get involved man life is good life is short it's a wonderful wonderful thing you know Rick says I need to enjoy more you know what's interesting with me is for everything that I've been through in my life guys like me things taste better for guys like me because I have an appreciation and an affinity for life that I try to share as much as I can with people I really do I try to give it to people and I find that maybe they're hurting a little bit or they're down a little bit or Ryan I don't get this or hey I've got these other things and it doesn't have anything to do with the stock market but you know the stock market is just exacerbating those things beyond the point of tolerance right you need to talk those things down a little bit walk them back a little bit and understand man that the greatest things that we've got going on in our lives are the things that we have in front of us the things that we're striving for don't you ever notice that when the volatile markets are are volatile and you look at them on the real time and you're like damn that sucks but then you hold true on the program and maybe you have a day like today vindication I don't know for a lack of better terms and you're like gosh Ryan's right and some of the other cats that talk about longer term investing I caught Peter Lynch this week every now and then see Peter Lynch is like medicine to me because a lot of my philosophies I speak about when I talk about you know the 50 downturns in stock market history and X number of those have been 10 percent X number of those have been 20 percent into bear market territory another handful have been depressions over the over the history and the stock market has just has always recovered it has 100 percent recovery rate and the irony in each of those downturns is that the investors that won out every single time are those that hold true on those investments it's just that simple and I know it's it's not that simple for a lot of people and I don't mean to simplify investing because I think there's a misconception that investing is easy investing is hard okay investing is hard and it's only for the people that are mentally prepared enough to take on this opportunity and win at it and when I prepare people to enter into stock market investing I don't prepare them to do anything other than have that that armor to go into stock market investing because it's hard if it were easy I would just say look by my course and you don't need any extra instruction to succeed that's just not the truth this is not the truth you know that the vast majority of people who buy courses never actually open up page one of the course those statistics are available on all of the course making software people it doesn't matter the amount they pay doesn't matter they pay $500 and they think by nature paying the $500 that's automatically going to increase their eligibility for success in the market and they never ever even look at the course itself the statistics back be up on that guys it's true so what gives I want to differentiate that the market is hard but it is not impossible okay there's a big differentiator between being hard or being difficult and being impossible all right earn experience you're not going to get anywhere in stock market investing unless you are willing to take that leap of faith and start logging those days and logging those weeks and logging those months if the stock market is brutal for you over the course of a month and over the course of six months and over the course of a year and over the course of two years and five years and 10 years right the reason why I put that example out there is because the further you get away from your starting point the more your odds of success go up they do and you have that opportunity to call yourself an investor after having logged six months and say gosh even just in the short term man I'm kind of good to go I've got this thing kind of licked a little bit right give yourself that fighting chance you want to build the cash these are ways to win build the cash okay schools of thought would disagree with me on that and I get it I know all the arguments it's fine I share with you what I do whatever if you don't want to do that you just have to make sure that you have the tolerance enough to accept that level and then how to win honestly you guys are going to have to diversify across your life not diversify across your portfolio sleep eat well and exercise I was up every single day this week at 0500 and you might be saying that's awesome Ryan you're great I was there too well you know how many people were in the gym with me at five o'clock every single morning this week zero and I know that's probably a small representation sample right I'm sure that there's people all over the world that are just in the gym killing it at five o'clock in the morning right today I double dipped I was in the gym at five this morning then I went for a three mile run before the live stream and I feel like I can deliver a better product when I do that find that balance man can investing can exercise and eating right and and and watching your diet and things like that can that make you a better investor absolutely absolutely if you think that somehow you're going to think your way to risk tolerance you are going to be sorely mistaken man you have got to define yourself to to to operate like a Ferrari all right if you want to continue to operate like a pinto then that's your choice but if you're going to operate like a Ferrari you better treat yourself like one okay because there's no doubt about it stock market investing is hard you've got to condition your mind to make sure that you can deal with all of the volatility out there all right in stock market investing specifically I talked about ways to win you want to align your personal strategy okay there's not one strategy in this group that is that is that is exactly the same as the other there are common threads and common traits amongst each of the investors that are in the empowered in independent investor community okay but making sure to always drive to evolve to that personalized tailored portfolio that makes sense for you and I'm talking about beholdings and the dollar amount okay the holdings are pretty easy but the allocation making sure that we're starting from a defensive posture going from zero to something makes sense to give you that fighting chance establishing that DCA schedule that dollar cost average schedule so you're continuing the injects to the market over time super important all right diversification I've already mentioned find your passion that's a key that can really help take your mind away from stock market investing if you're looking to augment your life with the power of financial wealth building you really do need to find that passion and I'm a big advocate for keeping your day job I'm not one of those guys and maybe I'm wrong maybe I am selling out to the man I don't know I don't really care because before I got into my current profession I was it was the it was the one thing that I wished for you know some stability because I figured if I had stability I knew the mathematics in my head were right there to be one of those millionaires down the line whether it be the TSP or the 401k or an individual Roth of sort okay stay long and have relative perspective on this deals very very simple the strategies that are proven to work for anybody that's catching this that isn't part of my core group and has heard me say this time in and tam out it's worth foot stomping over and over again because I'll say it a thousand times and it's the thousand and first time that I say it as somebody actually picks up on it and says gosh Ryan really talks about this passive investing quite often and I do a lot of my wealth is is accumulating wealth during the market time I don't touch that stuff a lot of the ETFs that I own that I'm going to demonstrate here for you shortly then we'll get to some questions that's the big foundation for my wealth and it's been built up over time and you can do it too anybody can do it you have to start you have to be brave enough to take that start and build up that to passive investing dollar cost average your passive investing strategy something that you can control right I can't control inflation I can't I can't control what other countries are doing to other countries I can't I can't control that what I can control is my DCA schedule right my dollar cost average I can control my pursuit of diversification across to my portfolio I got into an interesting discussion this week and I know there's schools that thought that would disagree with me what's new it's totally fine you cannot own single stock and be diversified okay doesn't work that way the only way to seek out true diversification is to own broad markets whether it be mid caps small caps large caps that type of thing or by indices whether or not you're buying the S&P 500 maybe the Nasdaq maybe you're buying foreign markets emerging markets etc if you don't have a basket of a few hundred stocks on the low end and a few thousand stocks on the high end like Vanguard's total market has around four thousand stocks in it right which represents the total U.S. domestic stock market that in fact is diversified but if you own an 80 stock portfolio like I own and you come on and you say I like that I want to put all my eggs in that basket you would be doing it wrong okay and I know there's people out there that would just disagree with me up and down no problem Ryan I can research the 30 stocks that are going to beat the market indefinitely no you're not you're just not I'm sorry to tell you you will not and I don't care how good you think you are I don't care how much you yell and scream at me it's no problem okay I will dare to be wrong on this okay and and and I will say look I'll tip my hat if you're right but you will not be okay you won't now I'm not saying don't own single stock but keep it in its own bucket right monitor that bucket exclusively because if you start monitoring that bucket when the market is up and failing to acknowledge that bucket when the market's down and that passive investing is off four percent but your single stock portfolio is off 18 percent guys I mean you're kind of you're kind of ruining yourself there now I have both and I don't cross compare I don't say oh my goodness I'm giving up the under the performance or the lack of underperformance in the market by owning single stock because I'm getting paid the dividend income over here I'm fine with that totally fine I'm building wealth in a majority of categories I'm totally fine with that and you want to eliminate the fees in your portfolio okay very very simple I just throw throw through the goods out there I really wanted to come across with a little more of a positive message tonight because I think over the last three or four weeks I you know it's great people love it when I talk about the stock market's being obliterated and the world is coming to an end and everything's going to zero people love that stuff I have no idea why I don't I don't like it I play into it from the angle of look you've got to recognize that none of that stuff is true so when you have all that propaganda coming out you notice how all the news right now is bad all of it I told you I told you they would take all the skeletons out of the closet last year when everything was good the national debt no problem printing money no problem issuing free money to people no problem forbearance rolling off fall of last year no problem people not wanting to work no problem right real estate market is at an all-time high you have to pay a half a million dollars to get into a house in anywhere that's you know respectable in suburbia in the united states of america right now yeah that that affects things all right so let's jump into the portfolios really quick guys I'll run through it quickly then I'll get to the questions I do want to acknowledge some folks I've been looking with one of my eyes whoop whoop whoop one of my eyes have been looking and I see a lot of folks in here man and I do want to talk to you guys so here's the brokerage account up over it's at 70,000 it is up week over week nothing crazy has changed here nothing crazy to report the portfolio has just been static and it's been working really against itself I mean I entered into I swung trade traded large growth amazon google specifically CRM but they've all rolled off quite heavily it's no problem I don't mind taking the stocks into a downturn it's no problem wonderful companies I'm not going anywhere this is Roth one nothing here crazy to report here we are up week over week again so two for two not bad you know had I had I sold everything I would have said but by my by my course right hey the first time when the market was going down by my course everybody's like yeah there's some throwing credit cards at youtube god I gotta get out you get out of my way man I gotta get this guy's course before it sells out talk about making something more difficult than it needs to be that falls squarely in that category Roth two I think we're up week over week in this as well doing a little recovery in this a little bit of build back took some phenomenal profit next on mobile you know but nothing nothing to shake a stick at you look at this what's been the range that I've declared to you guys over the last let's say year this portfolio has been up to 120 122 maybe down to 92 in the long scheme of things what's the what's the difference to the untrained high people would look at this and say God Ryan you're crazy you could have taken the $38,000 and bought I don't know 500 big screen TVs with it I don't know what I would do with 500 big screen TVs I don't know but there's no place I would rather be than right here no place I've already done my justification I did it a long long time ago when I was a wee lad 15 years and investments made all the difference 17 years ago I started this very account with $1,500 so go figure could you could you have this $92,000 portfolio after 15 16 17 years no you'd probably do better than me just depends you know I've done nothing special I've gone through downturns I've gone through volatility in the stock market it happens I think I this one I started with 1500 as well so both of these right there's almost there's $200,000 worth of wealth here over 200 grand built up from $1,500 that's a fact Jack all right when I dip you dip we dip all right it's just that simple all right as a little portfolio this is awesome this is this is up this is old men fabulous I just love this portfolio it's absolutely wonderful it demonstrates the power of diversification I haven't been dollar cost averaging these I had my business income just from YouTube flowing into this for a while now I've got it flowing into the business account so a little bit different so I need to stand this up and I should do it I'm just not in a rush and it's a bucket and I have 20 buckets and with all due respect that's a lot of buckets so I just haven't got around to it I've been busy I've been trying to work on some promotional content for the the side hustle you guys caught my CEO interview with Stuart Lother this week that was awesome thank you to you guys that caught that a lot of fun Stuart's a great guy doing some cool stuff what is what a treat for me to sit down with CEOs and rock it out but just shy of 20 in here nothing crazy nothing it's this isn't enormous I'm not meet Kevin I don't have 35 million this is probably indicative of maybe what somebody has or somebody has a lot more than me or what somebody could strive for but that's what I want I want people to sit across and say man I can do that too and you certainly can here's the dividend portfolio just shy of 30,000 this is the one that I told you just as comprised of the dividend payers the bond account this is easy money it's up every week I fund this with about 50 bucks a week most of the reason why it's up week over week to be honest with you because I'm funding it with 50 bucks a week this is a bond portfolio rarely ever goes down but it has rolled off a bit the TSP didn't have a chance to calibrate but I'm quite certain that the Dow up 850 today would have pushed this to an up week over week but I'm declaring to you guys that it did not calibrate so according to the TSP this was down week over week but I'm sure that that will that will calibrate okay the Vanguard's growth that's up Vanguard's mid caps that is up week over week Globex finding its footing here they're taking care of some internal some internal things that I can't disclose through a live stream I won't but exciting things in 2022 this is this is going to be an awesome company to follow their progress crypto currency waste of time and here the total portfolio they're four dollars and 64 cents so I don't know why the hell you guys follow follow me I have no idea I have no idea not too shabby but in 25 years of investing we've been able to garner a few pennies yeah I save about one and a half cents a year over the last 25 years and there it is four dollars and 65 cents probably better than the average bear anyway I don't know I don't care I don't really put a whole lot of stock in this no pun intended however it does give me a slight level of of validation as somebody that's halfway to a mark of millionaire status on a salary that's never rendered me close to six figures yeah so it's the degree of separation that defines the level of success that you'll have in financial markets between what it is that you earn what it is society puts on you predestined to end up someday and your ability to by nature of your free will accelerate that path to something extremely extremely special and there's people doing it in this group there's no doubt about it there will be people that will be accelerating their wealth into the future that would have never had the chance to do that had they not come to the message and and found a little bit of inspiration and found that right spark for themselves see that's the thing is everybody has the ability everybody has the aptitude they might not think it but they do they do because the right stuff in investing is not the stuff that I hear all the time from inexperienced investors wanting to enter into financial markets that think they've got A, B and C licked as to why they can't invest or what they need to do none of those are true I can counter usually all of those things when investors come and they're like well investing is like gambling and what I need to do is I need to pick three stocks that are really going to give me that start and and I need to do so in a taxable account you know people always have this idea and it's like well think about these things over here there's a multitude of different options for you out there but let me jump in here man this stupid gallery man he says I sleep well at night for sure life's a gift man I I operated a different speed guys you catch my energy when you come into the live stream I'm like that a lot of the time I really am I'm ferocious at work I love my job I do it with passion I have a small amount in in stable coins yeah no I didn't mean to rip through that disrespect but you know it is everything that I thought it to be and then some I think it's just it's kind of a waste I really wish I just couldn't could have should have taken that and invested it into what I know always invest in what you know and I don't I don't get it I don't get it but we'll see how it shakes out man you comfortable what more is there yeah I'm okay the lumps run crypto review yeah I mean it is what it is I'm a little cranky invested in Bitcoin it jammed up to 50 60,000 and I was I was whole hog I doubled my portfolio up to 5,000 and then I invested and invested in Shiba Inu just for fun lost it all now I'm back down to even again I'm two bucks shy even I just I don't understand what the point is I really like Charlie Munger and Warren Buff at summary of crypto you really just have to invest in it and then hope to sell it to the next schmuck for a higher price that's the best analogy of crypto that I've heard so far Matt says our bucket for sure it's great to see you Matty I hope you don't mind the shotouts while they were shotouts and compliments man I've got the utmost respect for this guy it really does he's a he's a kingpin he he he received some comments actually indirectly through me this week through my WhatsApp group and I was like who's this guy posting this stuff it really helped me a lot so I think that indirect impact is very very powerful and I know Matt's good good for it I would put that guy in front of anybody that that's the that's one of the best compliments that I can ever pay somebody and Kyle's in the house man it's great to see you my friend thanks for making your way in I know you're a busy family man I hope it all is well with you and the family it's great to see Kyle's you know VIP in the family here and what a what a hell of a network of people we've got here Kyle represents that hard-working family man ripping if you're not subscribed to his channel man kick over help him out build the message there's no doubt about it YouTube's taking away as many bots from my channel as I'm gaining subscribers right now it's no problem I'm not going anywhere I think the cool part about it is if I could earn people's subscription by just telling them that I will be here in 20 years and most people are like yeah sure Ryan right whatever try me try me try me try me we'll see it says 20 buckets yeah it is 20 buckets everybody wants to see oh I'm pretty open and honest with all of them no doubt about it I've got three with M1 finance alone that's the vanguard sector specialty portfolio the 80 stock dividend portfolio and finally the bond portfolio got the kids 529s we've got the kids UGMAs that's two and two I've got four business accounts I've got the taxable Roth a taxable brokerage account to Roth IRAs the Weeble account the Robin Hood account the Charles Schwab account the I trust capital account and a partridge in a pear tree that was probably about 20 20 buckets he says yep I dip you dip we dip all right that's right that's right come in and get a little entertainment from the independent investor channel this is why it's the fastest 60 minutes on YouTube seemed like I just started five minutes ago I've got five minutes left I wish I could get into a house for 500 yeah no five five five hundred dollars yeah it's I don't know if they sell yurts anymore for five hundred dollars I think you could probably buy a tarp and an axe and and and make make something for five hundred dollars anymore but yeah no it just seems like everything I'm seeing is right at about the half a million mark and I won't play ball I'm good I know the value of property way too much to to be buying into this frenzy I won't play ball I'm good to go scanning up through here you're gonna catch up to me who me I'm not catching up to you no way you've got a bit way bigger portfolio and a bigger infusion he's not talking to me but I think I think Matt would agree I don't want to speak for him but a lot of the success that I've been able to garner has been my ability to fall back on a stable career yeah I think it would be unfair to not acknowledge that and and I see that in Matt I I I would let him admit to that or not as far as what he feels like the contributor to building the portfolio he aggressively funds his portfolio to to his credit beyond the average bear you want to contribute 3035 percent of your income well okay then you can start to talk and have the renderings of a map money yep but you know it just speaks to the level of motivation how much do you have you got to define it for yourself Matt doesn't have to come on and share it nor do I nor does anybody else in this community but you know I think the the misconception is that retail investors can't make it on their own that's a bunch of that's a bunch of bologna you sure it certainly can it's all good Rebecca's in the house I'm getting there hit 650 yes you did I remember it was the live stream when you came in and told me see I remember milestones like that man and and well earned and you know for those blue collar workers out there that are working hard going to work every day those little bits man they add up they really do it's a it's a big deal and you represent more by coming on and sharing a story like that than just yourself you represent it for people who look at you and look at this person who's commenting and say man alive and if you knew her you would know that she's she's a hard worker and and people out there like I'm a hard worker too can I do it and the answer is yes and I thank Becky for coming on and sharing her story as well it's pretty awesome thank you Rebecca for doing that appreciate it Justin's in the house appreciate seeing you proper awesome man it's great to see you thanks for all the support man I think proper 19 is like number one commenter on every single one of my videos man it's just just super solid super solid all good all good is like in the cornerstone capital solutions philosophy of life liberty and the pursuit of of everything good in life all good holds down a corner in the community there's just no doubt about it and a very important one at that all right got Thumper I've started going to the gym fantastic after lunch should be a little tough for me I was getting tired in the afternoon so I started the morning liberating start it you won't kill yourself you'll be like oh my god I can't do it right and so you can you can and you'll look forward to it man it's amazing excuse me and once it's done it's done you got all that time for the rest of the day to go ahead and rip you rip your stuff out here I'm going to go an extra five ten minutes guys it just I ran out of time tonight I really want to get through some of these comments here and have the opportunity close down the live stream so do a little bit of bonus time if you guys don't mind I'd really appreciate that investing is not hard it just kind of depends Sol I do know where you're coming from it's just I have to be kind of careful when I say stuff like that because I don't want people to look at it and say well if it's easy then it's easy across the board okay and you go on to state get an index funder ETF right I think anybody can do that and then it really puts in a box passive investing puts in a box the things that you'll need to do to succeed okay once they're in place you're already saving on the cost right you have either set up or you're going to set up a dollar cost average schedule and then you become passive in nature it goes up great if it goes down you can buy more a very very simple philosophy I do like that thank you for that comment set a quarterly target say three percent then in the next quarter sell the sure I think selling on the onset is probably futile I think new investors really just need to get up to that 10,000 bucks as quickly as they can but that's really solid I just have to remember you know when I've got people sitting across from me and an audience of you know quite a few and they sit across and they're like well Ryan says investing is easy the unfortunate part about that is people hear what they want to hear and that means if I just buy hyper growth then it must be easy and that's the part of it and that's the active investing side of the house you get to split those two philosophies I think the majority of people should be passive investing and not even messing on the active side of the house but for those minds that you don't want to take it to the next level which it is go ahead you can make really good money doing it and I have appreciate you stopping by Saul very good comment I really appreciate it I do know exactly where you're coming from and I do agree with you that's awesome very good my answer with options here it is when I first started in the stock market my account lost 10% as the market went down glad I stuck with it and didn't panic I said that that's probably one of the best things that can happen to an investor because you're like you know what it went down okay what was me I don't understand what's going on but everybody tells me to stay the course you know I'm not gonna panic out I'm gonna stay the course on this deal and I'm gonna make it a right for those people that do that they validate those are the lessons that you can't get through a course you can't even get through the independent investor channel even though I've just elegantly walked you through the scenario and financial options with Thumper has done the same and people need to experience it for themselves that's the true value of it and that's really the only way that people do find that true value in the market anyway all right buying the course and never looking at it is like buying an exercise machine 99% 99% of people who buy exercise machines use it once that is a fact Jack yep 99% can you believe that isn't that insane 99% I'm over in the gym every single day and I don't own a piece of equipment in my apartment I walk across the street to the gym it's free of charge it's part of my rent it's hell of a amount free it's one of the bonuses for me overpaying for rent but I think it's a testament to what I do and I've had machines in my house and I used it all the time I loved it the convenience of having a treadmill in the house or you know one of those set up machines those are really nice I like them but yeah pretty crazy stuff pretty crazy and Dave's down to Mardi Gras for the week happy Mardi Gras to you Dave that's fabulous man good stuff that's really cool man people pulsing in through the network from all over and again thank you for your work on Hylian it's really great stuff Dave really great stuff I'm in debt to you my friend I would love nothing more than for this to materialize not for me but for others I have a feeling about what this is going to materialize in for me and I'm totally fine with those renderings it will be well earned one of the toughest things I've ever done in my investing career and the verdict is still out Rick seems to think I should enjoy these small milestones yeah I don't I don't know I'm stuck in reality with getting through 2022 here with such anemic earnings a few other things need to happen in my opinion for the company and I believe that they do I believe that they're casting a wide net and they've garnered such an amazing interest as some of the intangibles that I picked up from the call were just lovely and you guys are going to want to stay tuned the folks that follow Hylian and the folks that don't obviously don't don't don't watch those videos but there's a good contingent of the pot of the subscriber base that that does to the channel and they wait for those every week I will be having my reaction video to the earnings because they they were they were really good they were really good I read the transcript I always do I read it first and then I listen to it because listening is a luxury and I pick up different things when I read the transcript then I listen to it back and it was really quite good yeah growth is not equal profit and some of these companies never will have profit yeah I agree that is true and if there was any learnings from the Hylian it was absolutely that I knew what I was getting into when I got into it you need to understand as well this earnings that were just rendered on the last call they've been delayed a year on on their rollout of their product so in all fairness to Hylian they've taken a delay and that happens I think it's it'd be hard to hard to say that with the backlog in the order book all the things that I talk about on the Hylian videos Thomas mentioned which I was very happy about Jesus down I said that on my Hylian videos I doubt he watches me I doubt it I would say that there's no way than Haley does why would he I interviewed a piece of cardboard with a space on it but these are the things that I said they needed to do they needed to talk about shareholder value and that was the first time he had mentioned it that was the first time he talked about solidifying the order book against reservation slots off of the off the lines going forward going into 2023 2024 and beyond that's just he said that's how it works in the trucking industry which I really really resonated with I really appreciated that that level of detail on his explanation that was pretty awesome you know I mean sorry you guys get a break from that just a sec I was having a little drink with my buddy this is my brother Maddie I'll make one man I'll watch you drink good he will he's probably over there now and that's very cool I'm cruising up to see if there's any questions in here absolutely he says Ryan awesome he's throwing me a bone Ryan also prints I haven't been printing for a while I'm printing right now in a capacity that you guys have no idea on and it is my business dealings it's doing doing good appreciate all your support there and give away a lot of goods on the channel the live stream is a really kind of a free opportunity to come in and hear my perspectives and philosophy on the markets some do pay for that access they do so through the independentinvestorgroup.com that's the independentinvestorgroup.com we'll continue to roll that product out because a lot of people like the one-on-one that's simple you got to be astute you got to pay attention if you're going to hear my 60 minutes of live stream I'm like happy what the hell did this guy say come here this independent guy is giving away the goods for free come here Apple get in here if you don't want that right and go to the independentinvestorgroup.com and I'll hook you up a little bit of coaching a little bit of tutorial man never hurt anybody a little bit of a little bit of life coaching and some people need it and we've done that for some people that needed it and they've taken it and they've succeeded through it right it didn't cost them $500 either the difference is made in its granular nature in the trenches when I have the ability to sit across from somebody and really we're like with them yeah get that customizable piece that I talked about get that plan in place that really makes sense for the individual it's like an article of clothing that they put on and they're like this fits nicely I like this this is lovely I like it this is great gosh Ryan's like a custom tailor I like this that stuff man she hasn't been with me for a while anyway for sure just got to the gym fantastic it's great to see you hope all is well hope all is well out there inside California man very cool stuff great to see you great to see you thank you so much for coming on I was on my rant I gave you a ninth inning shot out I apologize for that come in a little bit earlier if you can I know you're working so much it's all good and Eric Weavers and the house men going quite driving to get grandkids still listening fantastic he's got the family obligations he's got his priorities as for sure Kyle's probably running the live stream on the other end there fantastic Kathy sold the bottom yeah I'm not you know I don't it's that was of interest to me for sure but I don't I don't necessarily mean that that might not not be presenting an opportunity there was a huge huge purchase on the inside today there was some insider selling with the company but there was a huge upgrade and a huge buy I believe with the Merrill Lynch I believe or Morgan Stanley but yeah Palantir is a good buy here I think you know just shy of a 30 30 billion market cap they're good company they're rooted in they've got a lot of government contracts man we use them so yeah they're good they're really quite good it's good they're number one conviction buy right now I like highly on obviously but I'm already established right thoughts on Kathy selling sure I you know when I came out with my ARC ETF videos I think I saw a statistic there that Berkshire Hathaway is now outpacing the ARC KK all that risk taking on to full short of just buying Berkshire B ouch ouch nobody lasts forever nobody lasts forever in the stock market but she was the queen last year man she just couldn't do anything wrong everybody was like here comes Kathy floating in on the cloud you know for her interviews she would be sitting Indian style like floating and stuff and everybody like Kathy how do you do that and she's just like I can see the future everybody believed during stuff this is awesome pay me one percent management fee to my ETF that's passively managed don't mean to talk trash but holy smoke oh these make it easier than what it is man guys it's not that hard because that cracked out just a different story with him every week is a different story I think I mean he's doing it for real I'll be the only one to pick up on that most people will be like I've been Kevin you're giving me whiplash man last week you told me to do this and this week you told me to do that and next week I can anticipate that you're going to tell me to do something else you know so I go figure live your life in a lot less of a pathetic way than trying to follow a YouTuber like that man it's you'd be so much happy or good grief it be your own best advocate of your program and I think that's a good stop and point guys really appreciate it this was a good live stream I wasn't sure I you know I wasn't sure what was going to be thrown down but the goods were good tonight they were good there was a little bit of hefty little bit of when I dip you dip we dip right a little bit of singing tonight so a little bit of fun tonight but keep it in the box keep it in perspective for you guys all right this is stock market investing it is the stock market investing 101 and it it can be easy okay I just don't want you to underestimate the power of stock market investing deploy those tried and true fundamentals to stock market investing that have been proven to work over the long term because in the short term nothing makes sense in stock market investing man keep your eyes on the horizon keep your discipline about you keep your perspective about you and keep the ship pointed toward the horizon guys you'd be so much more happy that you did and you'll be so happy when you get that to that end point destination at some point in your future be well guys we'll catch you next Friday on the independent investor channel live stream fastest 60 minutes on you