 And welcome back to the independent investor channel here on a Friday live stream always looking to drive down for individual investors looking to seek out those disciplines that actually work in real time contrary to Really different approaches and different styles of wealth building We we really do look to challenge what what I feel like is perceived more normal operations in kind of putting Your financial discipline on ice for for most of your life and just allowing it to to work or or not contributing at all I think the goal here on the channel is to really drive home some of those mental disciplines for investors that can really provoke thought I get you thinking in a way that perhaps maybe you didn't think was was capable You know that there are no boundaries There there are certainly There are certainly distractions There are certainly lines of thought that would lead you astray There are certainly disciplines that will see your investments retract in value The only sure wire a sure fire away, I guess of of ensuring that you don't lose money per se is to not invest I Find ironic and I challenge anyone to Really entertain this idea of your perception of money, I I think it's it's all too often very convenient for individuals to justify certain expenditures Certain lines of thinking with regard to what is acceptable and what is potentially not acceptable in the financial realm It's amazing how critical we can be over those looking to get ahead Looking to save a few dollars for their financial future. Maybe establish Somewhat of a legacy for the next generation. Look guys. I'm I'm not a fortune teller All right. I I don't know what's gonna happen tomorrow. I work with colleagues. I've met people who Desire to spend every dollar that they have That is not me Hopefully what you can glean from the channel is a perspective about money that would suggest that I'm actually more happy being in control of my spending and disciplined and finding happiness and those things that Don't necessarily Have anything to do with money Or or directly involved with money in in any capacity at all It frees your mind In a way that allows you to really focus on those things that are important and Then you're left with lingering surplus over here That you've got to do something with Some people donate it they Would donate to charity or or or give give their surplus away if if you're lucky enough to be able to Help those less fortunate than us But I think it on a granular level becomes significantly more simple in people's day-to-day application those individuals that are working every day to pay the bills to Put food on the table and to put a roof over the head This discipline speaks to you You're gonna have to subject yourself to a few minutes of devotion on the channel. There's a few devote subscribers I see making their way into the channel and for that I thank you They know the routine and they know how important it is to to pay this message forward because Where I might be able to say a few things that get through to people Or speak to people on a level that really does relate with people That does really hit home when we're discussing some of those challenges that were faced with day-to-day bills insurance Relationship challenges financial challenges professional challenges all of these things that We face in our everyday lives This is one of the most controllable segments of people's lives and I contend that the infinite The infinite kind of makeup of financial savvy and and the financial topic in and of itself is Interesting to me because it's one of those things that can cause the greatest amount of stress in people's lives It can really permeate those other aspects of life It can negatively affect those other aspects of life or directly be a source of stress in and of itself when Trying to meet bills, but you're unorganized Trying to meet bills, but you have spending discipline issues You know, you have a hard time compartmentalizing money awarding different categories of wealth For you guys that were with me a couple of weeks ago We talked specifically about thinking about money in ways of financial thresholds and I know for a lot of people it might have been pretty obvious and I think a very simple response to that message would be Okay, Ryan. Sure. We get it, you know to get to your first thousand bucks You've got to at least have your first thousand bucks in the bank To have your first 2,500 5,000 10,000 we've got to get to those levels, but I I challenge you to think about this my friends I think a lot of people are quick to challenge Those like myself who are really trying to break down this topic from a mental perspective because the physicality of it is you can do it You can absolutely do it You're your own worst enemy and a lot of people will justify not being able to do it By nature of the fact that they feel more comfortable blaming somebody Than to try to initiate some level of discipline over their program to achieve financial thresholds Those thresholds that I throw out there are achievable by anybody and I don't care if it's $2,500 of personal wealth that you're able to achieve over the course of your entire life my friends the The the the statistics are staggering With regard to global incomes and how little people globally make We would consider ourselves certainly in the anomaly category I think we're all very very lucky to have the opportunities that we have But there are people right here in our own backyard that would scoff at the opportunity Not allow themselves to get out of their own way to pursue some level of wealth that is Over and above what they what their potential is and I think when we when we drive those points home and we start to suggest that Look, we need to get up to those financial thresholds It's very very important for people to kind of identify where they are on that spectrum to really look at You know what their next financial threshold is Perhaps they own one account And through that one account you can move through all of the thresholds of wealth and using one account Certainly different Use cases can be made for the inflow into the checking what the savings account can do for you guys I did share with you guys my personal initiative to uproot and transition to fidelity that is proving to be a successful venture Don't think for a second that you're going to transfer multiple accounts overnight It's looking like some of the accounts that are going to be like in kind Transfers from M1 finance actually to fidelity I've always said throughout the course of the channel that M1 finance has just been a fantastic wealth builder for me But once I got those accounts up above 25,000 I would consider Transferring those over into more of a major brokerage house and My goals are a little more simple than that. It is to consolidate the number of the accounts that I have To one broker number one and number two is to earn a higher-than-average interest rate and Bank of America Miserably failed in that category to provide me what I felt like was fair and and so the Choice really wasn't that difficult when looking at The amount of of interest that I could seek out and gain from that But I think back to my point about whether or not you own multiple accounts or you you start to look at You know this financial thresholds in a way that really forces you to imagine yourself On that next pinnacle or that next highest mountain and and I think people all too often don't give themselves a chance to really Imagine themselves at that summit You know, there's always a higher mountain to climb There's always more that can be done And there's multiple mountains out there in the multiple ranges that we have across the global globe and and and those analogies really hit home with people because I Think a lot of people perhaps maybe I'm wrong. I hope I'm wrong Don't really look at themselves in a position of success And I challenge this idea that would that would suggest that people If provided the right level of motivation could actually kind of come to terms with the fact that Maybe they need to give themselves a chance look if they start to identify some of the disciplines That I talk about start to think about money more as a as a mental approach as a mental game However, you want to wrap your mind around this thing? Because the benefits can be tenfold Once you start to become a saver it really opens up avenues that Look without money. You're not going to be able to put that sizable down payment down You're not going to be able to enjoy retirement the way that some of my Devote subscribers disclose here for the group to kind of revolve around this idea that success should not be one of those things that is Feared it should be it should be some of those things that are embraced and you guys are your own personal brand There's no doubt. You guys might not start a YouTube channel You guys might not ever start a Side hustle you guys might might be making you know day-to-day income You might be making that career on income or that salary income and that's totally fine, too It's whatever you bring with your personal best that will allow you to look at those X number of dollars in your monthly budget and and start to identify that potential for surplus capital Look, you want to go rent to BMW. You want to go lease a BMW You want to drive luxury car? You want to buy a luxury car? You want to overpay for a house if you want to deprioritize savings and financial stewardship in your life My intent here is not to suggest that you are Wrong Market fails tomorrow you end up being right Is that any way to live based on what we know about financial markets and How powerful they can be over time So when I talk about those financial thresholds, I really want you to Think about those as the as the summit or the Now the top of the pyramid if you will When you're starting to imagine yourself at the top of that pyramid and say and look I've got $2,600 and 75 cents, you know My next financial threshold the way Ryan's talking about is $5,000 The deeper question is what do I need to put into the account to get there? And how long could I expect to get there? Um, is it even my goal to get to the next financial threshold? You know a lot of people I find Interesting in that I know that they've never had over $10,000 of personal wealth either saved Or invested in the market because they are the first ones to talk about All of the newest and greatest things that come out 109 inch TV that you got to buy to um to make sure that you're the talk of the town during the Super Bowl party With your seven layer bean dip and or your seven layer Chip dip and your 109 inch TV Always happen to have the latest and greatest thing You're always looking to save up to that 25 $3,000 and then there's some sort of life expenditure that comes along Some sort of extravagant purchase maybe even a sunken cost that comes along The car breaks down the car needs a repair You know somebody needs a dental some dental work done and and there you go The money gets spent down just as easily or more easily than it was to actually save up to that amount The the idea is to look at those financial thresholds as not as a a backdrop for life's expenditures I want you to consider the importance of Savings and I want you to consider the importance of of a savings account and having some liquid cash available to you However, I'd like to look at the financial investments in equities as being kind of that sacred avenue in your portfolio What i'm going to share with you guys tonight my friends is something to further your understanding of how I look at the internals of the pyramid or the internals of the structure that makes up a portfolio and I would suggest that many of you guys are going to relate with this idea But I think a lot of you guys are probably going to sit across from me and say Ryan that is radically simple But it is genius. It is really genius to think about wealth building in this capacity It's not about the nine cars in the back 40 that are growing grass out of the hubcaps Albeit there's probably some value there, but this is just another way of thinking about different pockets of wealth That aren't necessarily right in front of your face in the form of rare art hanging from the wall Christmas presents under the tree, right? premiums that we pay to insurance to drive our vehicle our vehicle themselves as a sign of wealth etc etc But how many people have actually thought about the particulars of their portfolio as being contributors to meeting those financial thresholds And let me give you the rundown of my particular portfolio. I'm very very open with What I discuss on the independent investor channel. These numbers are real You know as a social media content creator I could come on And and and make stuff up And and when we're talking about Numbers and we're talking about financial wealth It's often interesting to me how Your number Can really give you a lot of credence in the financial world in other words if I was a millionaire I am not I'm sitting on just over half a million dollars of wealth And and with my income That's pretty good I would say that in the average class of people who make the money that I make I would say that a lot of people would even potentially struggle to to to have Ample capital to enter into retirement somewhere down the line okay but When I look to break down money thresholds for people I really want people to understand How I see value In this particular aspect Okay Now you can go buy an item for retail at the store look at said item And identify whatever value in that item that you want The fact of the matter is there are very few Things in this life That will be worth more down the line Then the day that you bought it Eat to break it to you A lot of people will argue with me If I buy a gold coin now ryan, it's going to be worth more in the future perhaps If we end up in the apocalypse, you can eat those gold coins and it'll sustain life for you. Okay As I will be able to chew on the dollars that I have and have accumulated over time and my portfolio which is going to provide real value to me and sustenance In the time of need during the apocalypse, right? So thinking about the use case and the value that something provides, you know, my idea when I look at money Now is that it would probably have more of an impact if I just took the whole Thing and just piled it on a table and looked at it and said, okay. Yeah Here's this pile of money. What good is it? What good does it do me here in this form? What can I buy with it? Is Is it enough to actually aspire to what I really want and what I truly find value in? All right Hold that thought a bit and I'm gonna run down the numbers with you guys And I want you to keep in the back of your mind The thresholds of wealth that we're looking to pursue and for you guys that are new to the message And this is all foreign to you and it's going right over the top The thresholds of wealth. They're very very simple $500 Represents the starting amount in anybody's investment journey $500 of starting capital the next financial threshold is $1,000 And then up to 2,500 5,000 and 10,000 it moves to 25,000 and then to 50,000 100,000 to 250,000 500,000 and then 1 million. Okay There are 11 total thresholds of wealth The idea is that you are either at step one or step 11 or beyond Now we don't count the 12th because the 12th starts to get into Eight figures of wealth and there's people in the group who are working on That 12th level of of financial wealth, which is two and a half million And then to five million and then to 10 million. Okay But we typically try to drive the conversation toward those thresholds of wealth as I presume that there's People who are finding the most of value in the message From the 500 $500 amount to the $10,000 amount Because where I can pick out many many people out there that have those Accounts started with 500 or 1,000 or even maybe 2,500 quickly There are significantly fewer out there that actually have $10,000 of wealth That's put away and invested in financial markets. We know this when we look at the lack of emergency capital That's put to the side But I'm going to answer this question for you in a way that's going to help you understand What is it that actually goes into these set accounts? That's going to help contribute to meeting those financial thresholds And here's how the numbers shake down for me. These are estimates now mind you a $2,500 asset that's worth $3,700 Only got recorded as a $2,500 asset even though if you rounded it up It's actually closer to the $5,000 threshold A $4,100 a $4,500 actually got recorded as a $2,500 asset Okay But as we're looking to put the pieces in play to contribute to our overall financial goal down the line My friends I joke with you all the time and suggest that you're going to have to put some capital to risk The only way to guarantee That you're not putting anything to risk to the downside or upside is just to not invest at all And that's just not my game if you want to go somewhere else and hear how to accumulate large sums of wealth By doing all kinds of different behaviors. No problem I just happen to like to share What I'm doing here on the investment side To to put these pieces in place place to kind of start to organically grow wealth over time. All right So the pieces that make up the portfolio. I've you're marked as hundred dollar positions $500 positions $1,000 positions $2,500 positions $5,000 10,000 $25,050,000 and we're not going to talk about hundred thousand dollar positions In this video because for the sake of example You guys will understand coupled with the financial threshold lesson that I gave a couple of weeks ago You'll understand how wealth building can truly take hold at the organic level. All right So $100 positions that I have right now accounts to 107 There are 107 $100 positions Scattered through the portfolio whether it be forms of $100 a hundred dollar position It could be anywhere in between a hundred and five hundred dollar position So the reason I share that with you is a hundred dollar position that I disclosed to you Could be a 450 dollar position Okay in a particular stock A lot of these stocks to summarize for you were comprised in the m1 finance dividend portfolios as well as The single stock holdings that I have either in the Roth or the taxable accounts. Okay so 107 of those hundred dollar positions and So you start to think if you're a beginning visitor to the channel and you're like, okay, Ryan You're you're awesome. I think if I watched you I could actually build wealth You're right If you do tune into the message and become a frequent visitor All I'm going to ask you in payment is and I can't give it back as the time spent on the channel. That's it Unfortunately, I can't by nature of osmosis Wrap up these eons in my brain and put them into the mail and send them FedEx to you I can't do that. You're going to have to spend some time actually Internalizing this thing again I give you the free invite to go somewhere else If you feel like you can strap a rocket ship to your ass and find your way somewhere To financial wealth using a different strategy. Okay. I'm an organic thinker I think this game has a lot more to do with your mental approach Why do I know that because I have thousands and thousands of people From thousands and thousands of different backgrounds hit me up all the time and they're like ryan right on I can I did it. I did it this way. I did it that way And they all have themes That I'm going to kind of talk about that really do speak to this philosophy about Breaking down wealth building to its purest form starting with one dollar Okay, how do you go from one to two? How do you go from two to four? How do you go from four to eight eight sixteen and so on as we wealth build? $500 positions. I was able to count 25 25 $500 positions So as you guys are kind of looking at this and being like, all right, you know ryan's talking about These injection points and these injection points 500 to a thousand could be 700 800 dollar positions that I've got in a variety of different stocks. Okay Positions like McDonald's home depot positions of companies that I really want to earn for the own for the dividend But I don't own a whole hell of a lot of it. All right And over the years I have learned to kind of control my scale a little bit I know 2023 has been kind of a lesson in that specific category for me You know the risk was put on the table And it was probably over the front of my skis I typically enjoy the philosophy of investing a little closer to the vest And if a company like home depot does well, I benefit from it. No problem But if I just get over zealous and I throw a $10,000 bill At a mcdonald's or a home depot or or a coca-cola or or whatever Or a disney, right? It's amazing how the philosophy Or the approach to a stock or the strategic direction of a stock can change even in our blue chip companies It's just happened as of late and nike. He just went through it Disney is a perfect example Sales force just got drawn down. They had just had a blockbuster quarter They're on their way back up as we speak but every every stock really does have its day And if you're subjecting your money to single stock risk I've found that the best defensive mechanism is to control your scale to those companies even great companies like Like amazon, I mean, that's one of the larger positions that i'm going to talk about but You know google apple some of the larger microsoft some of the larger positions But some of those positions like legged and plat Some of those utility companies Some of the energy companies cyclicals like shell oil Exxon chevron companies like that cool thousand dollar bill in the position And we're good to go but the 500 to a thousand dollar positions anything that fell within that bracket There's 25 total. So we're up to You know 132 total positions here 132 specific Injects of wealth and you're like Okay, ryan. Those are hundred five hundred dollar to a thousand dollar positions I'm not i'm not impressed What you need to start to wrap your mind around is the idea of establishing these positions And growing that specific position Into the next Position in line to help fortify that total overall account threshold of value All right, we don't achieve thresholds of value to sit on our haunches and say, okay, i'm done now If you're at the 11th or you're out the The 12th mind you Potentially, maybe you're more in the driver's seat to make those decisions than somebody that's just starting out Okay, but I know people in that position that are actually in the group here I see matt money popped in tonight to say hello, right? If you're if you're in that position I don't want to speak for matt, but I would suggest that He's probably just getting started. Okay, so for each Person and their application and what they're trying to achieve The game doesn't necessarily have to end just because you meet that threshold if I looked at it and said my goodness If I was a millionaire, you know, I could do this this this and this But you haven't got to that first 10,000 Right, so you don't need to be aspiring to those thresholds that are out of your reach I'm not saying they're unreachable But you want to make sure that you're going through that progression carefully And by the nature that I suggest is the most productive to do so now for the thousand dollar positions I had 10 10 now these are positions in between 1000 and 2500 dollars. Okay, so there's 10 positions They could be 1700 dollar positions $2,000 positions 2200 dollar positions, whatever if they were under that threshold Then so be it. I counted that as a thousand dollar position Even though it could have been north of a couple grand so 10 positions there And the same 10 positions of 2500 dollars and above the 2500 went to 5000. So any of those four 4500 3750 Those were all counted as 2500 dollar positions. So we've got 10 of those. Okay Now none of these that counted for one counted for another these are singular standalone positions that are growing wealth every single day that were subjected to market conditions. All right, so we're looking at 132 142 152 positions with 10 of those positions on the top end as we start to build this pyramid out Of 2500 you can kind of start to see the method to my madness. This is pretty cool, Ryan I'm not going to be able to sleep tonight Because I found my way to your message and that's pretty awesome. And and hey, what the hell you're welcome. I appreciate it It's the season for giving So congratulations, uh, if you found a little bit of motivation through the channel 5000 to $10,000 positions Stack out at 16 There's 16 total of those positions And I would suggest this if I can just kind of define these positions a little bit for you These are positions that are more likely to be single stock blue chip companies high dividend payers And probably even a couple of ETFs to start to get introduced into these larger positions But 16 total of those positions in between five and $10,000 now 16 guys 16 positions for a lot of people out there that could be coming to the channel They could be looking at that as their first goal Because they're not invested yet and they could be saying man. I want I want five grand invested Well, I've got 16 of those markers here because I've been been invested for so long Um, now I'm a knucklehead just like the common folk out there. There's nothing special about what I'm teaching along Okay, you don't have to have some artificial intelligence to put these things in place I break it down so stupid that even a freaking mole could invest this way and make money A turtle Could invest this way and make money Okay, this this is not hard It certainly does scale to the masses It does need to be coupled with a little bit of an incentive to want to do But if it is something that you want to do you can really kind of resonate with this idea that I put forward On establishing these different pockets of wealth That's why When you take a $50 position in a in a specific stock you buy 10 shares of AT&T here at 17 bucks It's 170 bucks cut it in half You know, you got an $85 position in a stock a less than a hundred dollar position That's below where I start to even track this But is it fair to suggest that potentially over time that could meet that hundred dollar threshold And and really start to build and materialize on itself Okay, so you can kind of see how a starting position and I bought stock for 50 bucks when I first started this I was like, okay, 50 bucks to buy stock Now I typically look at blocks of you know, 25 50 even blocks of 100 Shares at a time even the big boys it doesn't really matter But when you start out, it's it's very important and prudent for the new investor to understand the power Of each one of those dollars that are put forward to those assets that you own Nobody else owns those Okay, if you got the motivation from the i2 no problem. I'm not going to send you a bill. It's okay Go forth and prosper. You're good to go That AT&T it's yours It's your hard-earned dollars that you're putting to work Okay, and you'd be amazed at the power of positive compounding interest Okay, most of you guys are freaking experts at negative compounding interest Ie credit card debt This entire country is in debt credit card smoking That smell it's plastic You're in debt You wonder why the interest payments right are being made on those credit card payments and they don't go It doesn't go down credit card companies love you On the i2 I can sit across from a social media audience There'll be about a thousand people to catch the live stream. No problem declare to you very very simple. I don't carry debt The secured debt that I own is on the cars Car, excuse me. I own one thousand dollars on my truck. I'll pay it off in a couple months And I will have no debt I don't know. Maybe I should just fall and tilt and go buy some stuff Credit on the credit cards. My goodness. My credit cards are funny. I probably have Alpha doesn't credit cards couple business accounts credit credit here the main credit. I use every day $50,000 credit limits some of the credit card 50,000 50 hell I probably have a quarter million dollars worth of credit that they would love to just throw at me and just have me fall on tilt and and get into hawk With them for a negative 21 percent or a negative 29.98 percent I'm not even going to talk about the fast cash 500 interest oh ryan. You just you're just being crazy I'm being crazy I I don't see how those places can exist in nature Because I can't even imagine somebody dumb enough and it is dumb I I understand people go through hardships. I get it But but if those people are unwilling to look at the very facts that put them into that situation in the first place It's dumb You should look in the mirror to admit that it's dumb. It's just dumb and those people pray on people. They're evil places, man They're evil All right No debt That's why this stuff works Because everything that i'm declaring to you the 107 the 25 the 10 the 10 the 16 I'm going to get into some big positions here guys Those are all working for me in other words. I'm not losing Or gaining money through dividends and appreciation Um, you know, I I haven't put my money in a position to enjoy the last Oh three weeks of upswing in the market. Hell, we're probably up 80 grand You know, I haven't put myself in that position to just lose it out of the back end to visa or mastercard Right simple Have I been in debt? Yeah. Oh ryan, you've had it easy on your life. Nope been there done that been in debt I openly admit that it's not until you go through that Trigger in your life you go through that That learning evolution that you truly do understand that you never want to go back there again Never You know People are looking at their debt and they're like Jesus this sucks But they don't want to identify the first step to even moving themselves out of debt And the the way to get out of debt my friends is to pay on a 42 dollar minimum payment pay 500 a month Get yourself out of that debt ryan. I can't afford it. No problem pay 275 Ryan I can't afford that well What can you afford those are the questions that you need to start to ask yourself to kind of claw yourself out of that and enjoy some of this positive self-directing approach right and you're really going to Enter into a world that's much more fulfilling and understanding the power of your own entity I don't allow people to touch my portfolio I get solicited all the time it just happened a month ago from bank of america ryan We're interested in bringing you in under our managed accounts. Of course you are You're interested because the markets have been down for three years and you're trying to time this deal So you're pushing your initiatives on people Full well thinking that the market at some point has to upswing And if you can get people under your envelope and you enjoy some upwing upswing with your clients You can have them convinced that you had everything to do with it and they had nothing to do with it garbage Garbage there's only one stock market. It's not like there's a stock market for us feeble Lemmings retail investors and then the professionals invest in another form of apple Okay, it doesn't work that way The upper echelon of the portfolio when we start to talk about $10,000 positions These are in in between 10 and 25 So you could have an $18,000 position here that I earmarked in the $10,000 category But make no mistake these positions these three positions that I've got Are north of $10,000 amazon is $14,000 and change Not about a hundred and well, there's a hundred share position in the in the taxable and another 50 or 60 shares In the Roth, so those would be two separate holdings, but the one share owner the hundred shares in amazon 14,040 I think it Traded up to 147 today anyway, right? So that would be counted as an over 10,000 position. So three of those Okay, uh three positions at 25,000. Okay, so that's 25 to 50 So I had one position my position in uh, bo o Is worth about $44,000 That was actually counted in this category. Okay So three there in the $25,000 category and then my two largest positions over $50,000 each There's two of those. Okay so Why why do I disclose this? I bring you back in summary of thinking about financial thresholds of wealth and my audience sitting across from me and being like No kidding if I score more points than the other team. I'm going to win the game, right ryan Very funny. Teach me something that I don't know Well, if you could get over yourself for two seconds, you'd realize that the thresholds of wealth is a phenomenal benchmark. It is a phenomenal definition of swim lanes Okay, it's an opportunity for you to identify where you are on the spectrum step one step 11 step six right and then identify How it is that you can embolden yourself in the shortest amount of time To getting to the next financial threshold in the line, right? so that's kind of holistically how when I've talked on the independent investor channel about self-directed investing It becomes a whole lot less about Finding that perfect stock and a lot more about establishing these multiple positions In stock that are allowed to move through financial thresholds over the course of my life I would say that the 50s are going to turn into hundreds Okay, I would say that the 25s are going to turn into 50s and so on down the line All right The idea for people is to resonate with this idea that if you're going to start with 150 position You can start to grow those positions over time With the amount of time that you have I just give you some insights from a 46 year old guy That's been investing most of my life. This is the material Impact of of those initiatives over time. All right Very cool stuff guys I try to want to get to some Some comments here some shotouts to some people who made their way in there Was kind enough to come in and say hi to me and the first tonight Absolutely some of my friends from the hood would follow your channel and message Um My comment to you I meant it This is a cool message Again, I and I've said this on the channel Um, I don't like to refer to people as rich or poor Um, I don't like to refer to people as black or white I just think people are people I think I think I do believe that there are good and bad people I do I think that there are bad people that can find their way to my message and make financial wealth all the same In other words, this message, uh, doesn't discriminate It's there on the table It takes the right mix of pedigree to put that initiative to work In other words, I as powerful as my message is It cannot help people who are not willing to help themselves. It cannot Um, so if you expect magic If you expect to get rich overnight or even in a year, it's not going to happen for you Um, you'll invest in a year later. You'll be down And you'll be Throwing rocks at the independent investor channel. Boy, I tell you, I remember that night He was talking about financial thresholds and I can't even get to my first $500 threshold. Well, really? I mean you invested $100 and you expected to 5x your money over the course of a year And you didn't add $10 a month to that Because why you expected that $100 to materialize into 10 grand in a year It could have with the proper infusion right With the proper discipline But I just appreciate the hell out of you Raymond. Thanks for coming on and saying hello, man Very cool stuff. You know victors in the house Victor good evening. It's great to see you my friend Happy holidays to everybody man. It's great to see everybody I feel very blessed to do this project. I really do. It's a lot of fun for me, man Uh, it's an honor to get to know people like this Yep, the payment is inherently made to me through the message That's for sure And vote of confidence here is kind of cool. Actually, I'll let you guys read this comment All as well just got back from traveling around enjoying retirement fantastic stuff Really cool stuff. It's um, it's fun to know that the fundamentals of the message can Resonate for people Maybe give a little bit of acceleration along that line or or maybe just a reaffirmation of what you're doing These are Disciplines that can kind of stand the test of time for people You're at your most vulnerable when you're establishing those $100 positions here at your most vulnerable Okay, you're going to invest a hundred dollars in AT&T and it's not going to go up over a hundred dollars for five years and you're going to be pissed Because you're not a millionaire. All right. You're the most vulnerable. I don't this doesn't make any sense to me, Ryan I'm going to buy one share of the s and p 500 Less than five hundred dollar position by one share And I'm not I'm not happy because that has not even materialized to my first thousand and I've come back and I'd be like you expected that the position was going to double After a year do a little math on it guys. I mean be a little realistic with your expectations of what you expect over these portfolios I'm going to give you the secrets of of how putting these particular pockets in the portfolio Is is is a lot? But is it enough? And what can you do to further infuse those positions? That's the greater question. Okay Wealth building is just that it is building wealth over time. You must infuse These investments over time Establish new positions infuse existing positions save to cash Save to cash Don't be an asshole with your spending. Okay. I get it Um, I know how much you want that 109 inch tv and I I get it man You know the jets are going to be in the super bowl this year and I tell you what you don't know when the next time that's going to happen Um, Detroit Detroit's going to be in the super bowl this year, right? And you don't know the next time that's going to happen, right? Um, this record that they've got going on is the best since 1962 ryan. It's not going to happen again I have to pay. I don't care what it is. I gotta buy it Yeah, try skipping a year. I don't know Demonstrate a little financial discipline man. You'll be glad you did. All right. Very cool stuff, man Get some folks down here. We can make some shotouts and get chris in the house I want stocks. You got enough stock. You're good. Don't be greedy. Don't be greedy Good to see him my friend. That's the only thing I enjoy buying actually Be honest with you. Um, and right now I'm really just uh Really just sitting back on the dollar cost averaging. I infused a lot over the last three years on Some stars incurred over the last three years. No doubt from unfavorable market conditions, uh as it pertains to my growth and portfolio. So You know, I'm watching the performance. I'm still funding markets, but uh, boy every day that goes by it's uh It reminds you of why you invest Oil who said anything about oil you cooking? I know you're the oil man. That's good stuff It's like, you know, hard distractions. Indeed my friend be careful. You'll end up you'll end up with a wife Very cool stuff. Uh, it's been two months since your last video I'm during that time powers of power released a quarter Uh, a new video would be greatly appreciated. That's uh in the cards my friend. Thank you I just spoke with the ceo last week We're in Pretty constant comms There's some frustration with the stock because they're really turning out some very good results So with no reciprocation in the markets, but that is absolutely in the works And I appreciate you coming on and making that request to me. We'll make it happen for you bud. All right. Thanks, Eric Appreciate you Smoking two hearts in the group. Hello folks. Great to see you my friend fantastic Win channel tv. Good to see you man. Very cool stuff. What's up ryan tsp 23 k and wrath seven Limits both and 500 for 20 24 It's pretty awesome actually man. Um Now I was just I was just looking at the um the tsp. We started it in 2012 We're approaching that $100,000 threshold as as an account value. There's three holdings in there And that's actually one of my $50,000 positions is in the c-fund One holding the c-fund which is the s and p 500 for The tsp as you know 60 68 thousand in it Yeah, and I never would have thought that it would have grown that much but uh You know as you move up, I guess in the work and the surplus becomes a little more readily available Um, you know, I just put that stuff in the investments man. I don't need the money. I'm good. I'm good now I'll be good then Give me a hot tub. I'll be really happy. My goodness. I'll be in the lap of luxury I won't even need to go on vacation. You give me my own my own hot tub Why the hell go and sit in a resort full of a bunch of neanderthals crawling all over each other. I'm good I'm just stepping in my backyard. I'm good with that Mm-hmm. Mm-hmm. It's the small things my friends. It's the small things Be jays in the house chris me too. That's present by myself every year. That's pretty awesome, man Pretty awesome. Good disciplines, man. You know Aspire to accumulate a little bit, right? Uh, you get a little surplus in capital. That's another thing I didn't talk about is You know a lot of people Don't or not are not prepared for windfalls of money whether it be tax infusion a bonus at work Whatever it might be a lot of people are ill prepared to know where those dollars could go Because they don't have the accounts established. They don't have the investments established They don't study financial markets and they don't know what they could potentially um, earn If they could just demonstrate a little bit of discipline and put some of that stuff into some equity, right? But um to each his own as far as that goes very cool How about stock at a coal company? It's a good question. I don't have a comment for you Um, I you know my material stocks shoot I can give you at least at least the material sector that I own just to try to help you out I don't know what your fixation is with coal Uh specifically But I will give you what I've got here in the material sector. Okay. Just stand by a sec Um Energy is the big one. I'll give you those first shell chevron exon Energy transfer limited in valero. Okay Materials in the big account is lind Air products and chemicals sure when williams bhp Depont and dow. Okay There are a couple of additional holdings that I'll give you now Yep materials, okay Rio Tonto So that's in materials And then I own a little bit more in energy in the smaller portfolio and imperial oil uh bp conical phillips phillips 66 sun core energy marathon petroleum total energy Uh kinder morgan and finally wood side energy, which was a spin off of exon. I believe A couple of years back, okay So sorry, I couldn't answer your question directly, but at least I gave you some thoughts there to think about You know each of these pieces of wealth that I gave you are all kind of sporadically diversified across multiple asset classes classes. Okay, so Just to give you some of those examples yo yo rinds changed my financial trajectory Well, that that's good. I mean, you know, the trajectory was probably changed. I mean, I didn't I didn't I didn't push it for you, right? Yeah, I'm pretty good at this topic. It's it's I'm very very passionate about it It's my it's my very belief that I think that what we discuss Can actually do what you disclose here If I didn't think that was possible, I would not waste my time with this project It's not worth it for me to come on and blah blah blah for 60 minutes. A lot of people look at it that way. I do not I do not It's a good way to come on for 60 minutes easy enough It is what I truly believe to be very very fast because I love talking about the topic Seeing where my portfolio is now even when it's down. I'm happy. I go back five years You can really look at Sizable differences if you go back I sometimes get caught up in the short term and I'm like, ah, it's just not moving It's not moving fast enough. What's going on and you just have to always divert back to that That that plan approach and trusting that process yeah Like-minded people absolutely wealth-building Um self-directed investing man empowering one investor at a time. That's what we're looking to do here Great chat this evening. I appreciate you man. I appreciate you making your way in here And the last comment laughs instead of coal of my chevron Exile mobile lind and uh air products Those are all really good companies man. Very cool stuff and jared's got the last comment to the night as I get to some of these Elements to help infuse right so as we start to evolve in our discussion We've talked about financial thresholds. All right You should have more of an understanding of the brackets of financial thresholds You should be able to talk a little more intelligently about Something other than I want to be a millionaire and you have no idea how to get there, right? Um the the snide comment is well make your first 10,000 first Now you kind of have an idea of maybe I don't know aspiring to that mark All right, if you're just starting out You can do it Um until you prove to yourself that you can do it It's all going to be one of the toughest things that you ever do in your life I tell the story all the time the first 10,000 was the very toughest that I ever made And it's the only one I remember and I've made the hundred thousand dollar threshold Multiple times over the 250 threshold and I've met the 500 about a half a dozen times now I'm going up and down fluctuating looking for the next up up leg in the market. Okay But these are the things that really help so if you put these pieces into place What is how can we dig even more granular? Is it just the hundred dollar to five hundred dollar positions ryan? Or what are the attributes that make up each and every one of those? I'm going to give you a little bit of teaser from what we're going to talk about next week in the the attributes Of what we're looking to achieve What is the pedigree of that portfolio and I can give you some of the Some of the foreshadowing of what I'm going to talk about and what actually makes all the difference And there's going to be some people in the group that really agree with this. All right dividends all right sets itself apart The mental approach you can get that from me a lot of people think that they're just scared of markets and they're Scary and they need to be scared off the markets never to invest again I can give you that razor's edge and it's easier than what you might think to kind of sharpen your mental approach To taking control of your own money. It's a lot of fun that way The job helps a lot in providing the constant infusion into the program that helps a lot My side hustle makes a pretty good amount of difference for me It has helped in the separation of the day-to-day dollars that I earn and giving me a little bit more surplus capital to play with Especially on the speculative side of the house Passive investing has helped not being in and out of markets having a large bulk of the money in Passive assets that I just keep invested all the time Um, I talked about no debt. I will double down on that for you Get rid of it. It's just an anchor around your ankle. Okay Exercise and healthy lifestyle has really not a lot to do with the physical nature of the portfolio that I spoke about But what's the use of saving for your future if you're going to be? You know unwilling to be mobile later on in life, right and stay You know living that happy lifestyle and maybe get some quality of life later Dollar cost average is huge That infusion every week every two weeks to the portfolio over time helps immensely immensely So the discipline that comes from the passive investing the habit forming behavior That comes from the dollar cost average And really just when it comes down to it guys I'll import to you this in the last 45 seconds the live stream man It really comes down to attitude and a desire to do If you're making your way to the channel and what I've talked about has intrigued you in any capacity whatsoever I highly recommend that you take heed Take heed over your own stock I'm not going to send you a bill for this information You're going to know your own capabilities better than anybody else out there You've just got to ask those right questions To make sure that you can put yourself on the right trajectory As disclosed tonight And really look to stay true for the long term over the course of your wealth building career Guys appreciate you tuning in for the totality of the live stream I appreciate you will be back next Friday on the fastest 60 minutes on youtube Appreciate you guys have a great weekend. We'll catch you next week