1 00:00:26,140 --> 00:00:36,710 Speaker 1: february 21st 2000 and 21. Do you know what today is? 2 00:00:36,720 --> 00:00:43,839 Speaker 1: Just think about it, february 21st 2000 and 21. Well, 3 00:00:43,840 --> 00:00:44,860 Speaker 1: I'll tell you, 4 00:00:44,940 --> 00:00:49,790 Speaker 1: it was essentially one year ago today that really the 5 00:00:49,790 --> 00:00:54,190 Speaker 1: pandemic became a reality that it started to hit. That, 6 00:00:54,200 --> 00:00:57,760 Speaker 1: Oh my God, something's going on. The United States, the 7 00:00:57,760 --> 00:01:00,750 Speaker 1: world is going to change and the stock market is 8 00:01:00,750 --> 00:01:02,550 Speaker 1: going to get hit. 9 00:01:03,140 --> 00:01:05,060 Speaker 1: We were all thinking that. 10 00:01:05,440 --> 00:01:08,410 Speaker 1: And so in a little bit, I want to talk 11 00:01:08,420 --> 00:01:09,550 Speaker 1: about that 12 00:01:09,940 --> 00:01:14,460 Speaker 1: and what that means to us in terms of investing today, 13 00:01:14,470 --> 00:01:19,880 Speaker 1: february 21st 2000 and 21 1 year later, one year 14 00:01:19,880 --> 00:01:23,860 Speaker 1: later from when this all started. But I just briefly 15 00:01:23,860 --> 00:01:28,060 Speaker 1: before I begin that I want to talk about scams 16 00:01:28,740 --> 00:01:30,360 Speaker 1: because recently, 17 00:01:31,040 --> 00:01:34,250 Speaker 1: you know, many things have been happening and all of you, 18 00:01:34,250 --> 00:01:39,020 Speaker 1: in my opinion, are becoming more vulnerable to scams, to 19 00:01:39,020 --> 00:01:43,830 Speaker 1: people ripping you off for money. That you think is 20 00:01:43,830 --> 00:01:47,570 Speaker 1: absolutely legit because most of you are such great people 21 00:01:47,570 --> 00:01:50,660 Speaker 1: that you believe, anybody that says anything to you 22 00:01:50,940 --> 00:01:52,650 Speaker 1: and you just go ahead and 23 00:01:52,740 --> 00:01:53,250 Speaker 1: do it. 24 00:01:53,640 --> 00:01:55,460 Speaker 1: I first want to start with myself 25 00:01:56,140 --> 00:01:59,380 Speaker 1: recently really for the past year or so, there's a 26 00:01:59,380 --> 00:02:02,290 Speaker 1: picture of me in a yellow top and I don't 27 00:02:02,290 --> 00:02:05,070 Speaker 1: know whatever, whatever it's about because they use it for 28 00:02:05,070 --> 00:02:08,090 Speaker 1: different things that says, Suzie Orman says you should invest 29 00:02:08,090 --> 00:02:12,190 Speaker 1: in this and many of you have and I've warned 30 00:02:12,190 --> 00:02:15,550 Speaker 1: you whether it's on my women and money app, 31 00:02:15,840 --> 00:02:17,160 Speaker 1: my twitter feed, 32 00:02:17,240 --> 00:02:22,160 Speaker 1: facebook instagram, I've warned you scam scam do not do it. 33 00:02:22,540 --> 00:02:25,800 Speaker 1: Well, what's so great is that finally, I had to 34 00:02:25,800 --> 00:02:26,859 Speaker 1: take legal action 35 00:02:27,240 --> 00:02:28,650 Speaker 1: this cost me money. 36 00:02:29,139 --> 00:02:31,190 Speaker 1: And if you think I'm gonna let it go, it 37 00:02:31,190 --> 00:02:33,790 Speaker 1: just that it costs me money and not go after 38 00:02:33,790 --> 00:02:36,750 Speaker 1: these people, oh you are wrong. But it happens to 39 00:02:36,750 --> 00:02:39,450 Speaker 1: be a major firm that was behind this. That they 40 00:02:39,450 --> 00:02:42,060 Speaker 1: say they didn't even know they were behind this. 41 00:02:42,639 --> 00:02:46,019 Speaker 1: They've agreed to take it all down and there will 42 00:02:46,020 --> 00:02:50,049 Speaker 1: be I hope some financial re enumeration for it. 43 00:02:50,440 --> 00:02:54,560 Speaker 1: But if ever you see a picture of me, just 44 00:02:54,560 --> 00:02:57,650 Speaker 1: a picture of me and it says Susie says you 45 00:02:57,650 --> 00:03:01,130 Speaker 1: should do this or an interview with me. That doesn't 46 00:03:01,130 --> 00:03:03,910 Speaker 1: mean I really gave the interview and that. I really 47 00:03:03,919 --> 00:03:04,750 Speaker 1: said it. 48 00:03:05,139 --> 00:03:06,760 Speaker 1: If you want to make sure 49 00:03:07,340 --> 00:03:09,830 Speaker 1: either I tell you what I want you to do 50 00:03:09,830 --> 00:03:13,850 Speaker 1: on this podcast such as Aliant or whatever it may 51 00:03:13,850 --> 00:03:18,090 Speaker 1: be Dental savings plan. Those things I tell you about, 52 00:03:18,100 --> 00:03:21,100 Speaker 1: I talk about it. It's our my Women and Money app. 53 00:03:21,110 --> 00:03:23,060 Speaker 1: I like those things. 54 00:03:23,540 --> 00:03:26,059 Speaker 1: You can see if it's a video of me talking 55 00:03:26,060 --> 00:03:28,700 Speaker 1: about it that may even be a little bit different 56 00:03:28,710 --> 00:03:29,450 Speaker 1: as well. 57 00:03:29,940 --> 00:03:32,989 Speaker 1: But if it's just a picture saying Suzie Orman likes us, 58 00:03:33,000 --> 00:03:35,510 Speaker 1: do not do it. Do not do it. Do not 59 00:03:35,510 --> 00:03:38,880 Speaker 1: do it okay. Because it will be a scam and 60 00:03:38,880 --> 00:03:40,760 Speaker 1: you will lose money 61 00:03:41,440 --> 00:03:44,050 Speaker 1: next. Some good news is that 62 00:03:44,740 --> 00:03:48,060 Speaker 1: the Affordable Care Act has been extended now 63 00:03:48,440 --> 00:03:52,910 Speaker 1: Until when May 15, where you can, no matter who 64 00:03:52,910 --> 00:03:57,120 Speaker 1: you are, no matter what circumstance you're under apply for 65 00:03:57,130 --> 00:03:58,760 Speaker 1: health insurance. 66 00:03:59,440 --> 00:04:03,180 Speaker 1: But again, you have to be careful. The only place 67 00:04:03,180 --> 00:04:08,160 Speaker 1: that you should apply is at health care dot gov. 68 00:04:08,540 --> 00:04:11,380 Speaker 1: If you get an email, if you get a phone call, 69 00:04:11,390 --> 00:04:14,810 Speaker 1: if you get something that says they're from healthcare dot gov, 70 00:04:14,900 --> 00:04:18,490 Speaker 1: they want you to do this. Do not do it. 71 00:04:18,500 --> 00:04:21,740 Speaker 1: It is a scam of somebody else wanting you to 72 00:04:21,740 --> 00:04:26,560 Speaker 1: do insurance, but not insurance. That is the affordable Care Act. 73 00:04:26,839 --> 00:04:29,599 Speaker 1: So if you need health insurance and you're going for 74 00:04:29,600 --> 00:04:31,760 Speaker 1: health insurance, meaning you're looking for it 75 00:04:31,940 --> 00:04:34,589 Speaker 1: and you don't have a lot of money. Go to 76 00:04:34,589 --> 00:04:36,510 Speaker 1: healthcare dot Gov 77 00:04:36,940 --> 00:04:42,630 Speaker 1: And apply their again, it's open enrollment until May 15. 78 00:04:42,640 --> 00:04:45,610 Speaker 1: They just opened it. Usually it is not open except 79 00:04:45,610 --> 00:04:49,859 Speaker 1: for special circumstances right now. So take advantage of that 80 00:04:50,339 --> 00:04:53,770 Speaker 1: one other thing, not a scam, but just something for 81 00:04:53,770 --> 00:04:54,960 Speaker 1: you to think about. 82 00:04:55,640 --> 00:04:59,400 Speaker 1: I know that they are talking about Congress and the 83 00:04:59,400 --> 00:05:01,550 Speaker 1: biden administration is talking about 84 00:05:01,940 --> 00:05:05,750 Speaker 1: This $1400 stimulus check all of these things 85 00:05:06,140 --> 00:05:10,190 Speaker 1: and I think that it's really important that you understand 86 00:05:10,200 --> 00:05:12,120 Speaker 1: they're not even going to really be able to vote 87 00:05:12,120 --> 00:05:15,140 Speaker 1: on that until the middle of March or so, which 88 00:05:15,150 --> 00:05:19,300 Speaker 1: isn't that far away. What does that mean? That means 89 00:05:19,300 --> 00:05:22,690 Speaker 1: that if they vote on it they pass it eventually. 90 00:05:22,690 --> 00:05:24,350 Speaker 1: Whatever the amount is 91 00:05:24,440 --> 00:05:27,260 Speaker 1: to whatever income group is going to get this 92 00:05:27,640 --> 00:05:31,020 Speaker 1: that the I. R. S. In the middle of tax 93 00:05:31,020 --> 00:05:34,740 Speaker 1: season is going to have to send you the debit 94 00:05:34,740 --> 00:05:37,559 Speaker 1: cards or the checks are put it into your account. 95 00:05:38,640 --> 00:05:43,120 Speaker 1: Therefore just like last year where they postponed tax day 96 00:05:43,120 --> 00:05:46,240 Speaker 1: because of this until July 15 who knows? They may 97 00:05:46,240 --> 00:05:47,660 Speaker 1: do the same this year. 98 00:05:48,040 --> 00:05:49,860 Speaker 1: But if I were you 99 00:05:50,540 --> 00:05:54,250 Speaker 1: I would make sure that all of my information was 100 00:05:54,250 --> 00:05:57,349 Speaker 1: on record with the I. R. S. Because the very 101 00:05:57,350 --> 00:06:01,480 Speaker 1: first people if you qualify for the stimulus check the 102 00:06:01,490 --> 00:06:03,780 Speaker 1: very first people that are going to get it will 103 00:06:03,779 --> 00:06:06,300 Speaker 1: be the people that the I. R. S. Can do 104 00:06:06,310 --> 00:06:08,750 Speaker 1: a direct deposit 105 00:06:08,839 --> 00:06:10,760 Speaker 1: directly into your account. 106 00:06:11,339 --> 00:06:14,229 Speaker 1: So don't wait and don't you know say oh it's 107 00:06:14,230 --> 00:06:16,330 Speaker 1: all right. They'll send me a debit card. It could 108 00:06:16,330 --> 00:06:19,930 Speaker 1: be months and months before they're able to send you 109 00:06:19,930 --> 00:06:23,820 Speaker 1: the money that you deserve if your information is not 110 00:06:23,830 --> 00:06:24,960 Speaker 1: on file. 111 00:06:25,540 --> 00:06:27,960 Speaker 1: So here's something else. I just want to say 112 00:06:29,040 --> 00:06:33,979 Speaker 1: If you made less in 2020 than you did in 113 00:06:33,980 --> 00:06:35,960 Speaker 1: 2019 114 00:06:36,339 --> 00:06:39,059 Speaker 1: file your taxes now 115 00:06:39,640 --> 00:06:43,440 Speaker 1: because that may allow you to qualify for the stimulus. 116 00:06:43,440 --> 00:06:45,960 Speaker 1: The full amount of the stimulus. 117 00:06:46,440 --> 00:06:48,910 Speaker 1: So don't wait. I know a lot of you wait 118 00:06:48,910 --> 00:06:51,920 Speaker 1: till the very last minute to file your taxes for 119 00:06:51,920 --> 00:06:54,790 Speaker 1: whatever reason. Even if you're going to get a refund. 120 00:06:54,800 --> 00:06:59,660 Speaker 1: But don't do that in this situation file. Now 121 00:07:00,040 --> 00:07:05,030 Speaker 1: If you made less in 2020 than you did 2019. Right? 122 00:07:05,029 --> 00:07:07,800 Speaker 1: Those are just a few things that I wanted to 123 00:07:07,800 --> 00:07:10,710 Speaker 1: talk to you about about. Things that I wanted you 124 00:07:10,710 --> 00:07:13,060 Speaker 1: to do, things that I wanted you to watch out 125 00:07:13,060 --> 00:07:16,150 Speaker 1: for and went to file your taxes. 126 00:07:16,740 --> 00:07:20,060 Speaker 1: All right. Let's kind of go to Suzie School 127 00:07:20,640 --> 00:07:25,860 Speaker 1: and let's go back to history of one year ago today. 128 00:07:27,140 --> 00:07:31,060 Speaker 1: On February 21, 2020. 129 00:07:31,640 --> 00:07:35,290 Speaker 1: The Dow Jones industrial average and all of you should 130 00:07:35,290 --> 00:07:38,250 Speaker 1: know what that is by now. It is an index 131 00:07:38,250 --> 00:07:42,700 Speaker 1: that follows 30 stocks and they compile the averages of 132 00:07:42,700 --> 00:07:46,210 Speaker 1: those stock prices to give you their average price. 133 00:07:46,640 --> 00:07:49,630 Speaker 1: And based on their average price, the index goes up, 134 00:07:49,630 --> 00:07:52,770 Speaker 1: the index goes down, but you get an overall sense 135 00:07:53,000 --> 00:07:55,060 Speaker 1: of what the market is doing. 136 00:07:55,440 --> 00:07:59,260 Speaker 1: Another indicator would be the standard and poor's 500 index 137 00:07:59,270 --> 00:08:03,280 Speaker 1: which does about 500 stocks. But let's just talk about 138 00:08:03,290 --> 00:08:06,450 Speaker 1: the Dow Jones industrial index today. 139 00:08:07,340 --> 00:08:07,960 Speaker 1: Okay, 140 00:08:08,440 --> 00:08:11,260 Speaker 1: February 21, 2020. 141 00:08:11,940 --> 00:08:18,840 Speaker 1: The Dow Jones Industrial Index was at 28,992. And then, 142 00:08:18,840 --> 00:08:21,060 Speaker 1: as I said earlier in the podcast, 143 00:08:21,640 --> 00:08:26,450 Speaker 1: the pandemic Hit and all of you, I'm sure started 144 00:08:26,450 --> 00:08:27,660 Speaker 1: to freak out 145 00:08:28,340 --> 00:08:32,410 Speaker 1: And I start doing podcasts around then, especially around March one. 146 00:08:32,420 --> 00:08:35,090 Speaker 1: But I kept coming on, I kept saying no no 147 00:08:35,090 --> 00:08:39,040 Speaker 1: just hold, do not sell unless you need your money immediately. 148 00:08:39,050 --> 00:08:41,360 Speaker 1: Do not sell, just hold. 149 00:08:42,040 --> 00:08:43,660 Speaker 1: But then we watched 150 00:08:44,140 --> 00:08:48,949 Speaker 1: And one month later on March 23, which really was 151 00:08:48,950 --> 00:08:51,550 Speaker 1: when everything really kind of crashed. 152 00:08:52,440 --> 00:08:58,050 Speaker 1: The Dow Jones industrial was down 10,000 points approximately 153 00:08:58,440 --> 00:09:02,550 Speaker 1: To 18,591. 154 00:09:03,340 --> 00:09:05,860 Speaker 1: And I'm sure it was at that point 155 00:09:06,340 --> 00:09:09,100 Speaker 1: that many of you freaked and said I'm out. I 156 00:09:09,100 --> 00:09:11,390 Speaker 1: can't take it, I don't want to lose any money. 157 00:09:11,390 --> 00:09:12,760 Speaker 1: And you sold. 158 00:09:14,040 --> 00:09:16,600 Speaker 1: Did you get back in? Did you not chances how 159 00:09:16,600 --> 00:09:17,660 Speaker 1: you did not? 160 00:09:18,240 --> 00:09:23,160 Speaker 1: And today, February 21, 2001, 161 00:09:23,620 --> 00:09:30,349 Speaker 1: The Dow Jones industrial average is at 31,494. 162 00:09:30,840 --> 00:09:36,559 Speaker 1: almost 3000 points or 10% above 163 00:09:37,140 --> 00:09:42,059 Speaker 1: where it was one year ago today. 164 00:09:42,940 --> 00:09:45,760 Speaker 1: So do you remember back in March 165 00:09:46,240 --> 00:09:48,660 Speaker 1: of 2020, 166 00:09:49,340 --> 00:09:51,370 Speaker 1: I told all of you to do one of the 167 00:09:51,370 --> 00:09:54,570 Speaker 1: craziest things and I said it right on the podcast. 168 00:09:54,570 --> 00:09:56,810 Speaker 1: You can hear it. You go back and find that 169 00:09:56,809 --> 00:09:57,160 Speaker 1: one 170 00:09:57,540 --> 00:09:59,730 Speaker 1: that said, I'm going to tell you to do something 171 00:09:59,730 --> 00:10:03,150 Speaker 1: or talk about something that everybody is telling me is 172 00:10:03,150 --> 00:10:04,949 Speaker 1: the worst call I have ever made. 173 00:10:05,940 --> 00:10:11,760 Speaker 1: And this was at a time when oil was crashing. 174 00:10:12,340 --> 00:10:16,210 Speaker 1: Everybody was saying oil is going to disappear. Nobody's flying 175 00:10:16,210 --> 00:10:19,640 Speaker 1: on airplanes anymore. Nobody's allowed to drive, oil is gonna 176 00:10:19,640 --> 00:10:22,150 Speaker 1: go down, down, down, down. 177 00:10:22,740 --> 00:10:26,360 Speaker 1: And I got on this podcast and I said, okay, 178 00:10:27,140 --> 00:10:30,790 Speaker 1: I think this may be the time to buy an 179 00:10:30,790 --> 00:10:32,360 Speaker 1: exchange traded fund 180 00:10:32,740 --> 00:10:34,450 Speaker 1: with a symbol 181 00:10:35,140 --> 00:10:40,270 Speaker 1: with the letters X. L. E. Which is the exchange 182 00:10:40,270 --> 00:10:42,059 Speaker 1: traded fund for most 183 00:10:42,440 --> 00:10:43,600 Speaker 1: oil stocks. 184 00:10:44,340 --> 00:10:49,430 Speaker 1: Now at the time when I was doing that oil 185 00:10:49,440 --> 00:10:54,540 Speaker 1: was down to negative $30 a barrel. What does that 186 00:10:54,540 --> 00:10:55,260 Speaker 1: mean to you? 187 00:10:55,740 --> 00:10:58,350 Speaker 1: What that meant at that time 188 00:10:58,740 --> 00:11:01,890 Speaker 1: Was that if you had oil, you had to pay 189 00:11:01,890 --> 00:11:06,770 Speaker 1: somebody about $30 to take it off your hands. And 190 00:11:06,780 --> 00:11:10,189 Speaker 1: everybody was saying oils never going to come back. Stay 191 00:11:10,190 --> 00:11:13,220 Speaker 1: away from oil stocks, sell all your oil stocks, get 192 00:11:13,220 --> 00:11:15,729 Speaker 1: out of oil, get out of oil. And here I 193 00:11:15,730 --> 00:11:17,850 Speaker 1: am telling you, you can just look into that 194 00:11:18,140 --> 00:11:20,630 Speaker 1: was some money because who knew what it was going 195 00:11:20,630 --> 00:11:23,660 Speaker 1: to happen or not into dollar cost average into it. 196 00:11:24,440 --> 00:11:27,050 Speaker 1: And just to give you an example 197 00:11:27,440 --> 00:11:32,740 Speaker 1: On February 21 of last year, X. L. E. was 198 00:11:32,740 --> 00:11:36,760 Speaker 1: at $54.14 per share. 199 00:11:37,440 --> 00:11:40,460 Speaker 1: On March 23 when everything had crashed. 200 00:11:40,950 --> 00:11:47,450 Speaker 1: XL Li was at $23.57 a share. 201 00:11:48,540 --> 00:11:51,949 Speaker 1: And now our dollar cost averaging into it. We're buying it. 202 00:11:52,070 --> 00:11:54,150 Speaker 1: Everything's kind of good I think. 203 00:11:54,540 --> 00:12:03,260 Speaker 1: And today February 21, 2021 it's at $46.18 a share. 204 00:12:03,940 --> 00:12:06,109 Speaker 1: Now, I just want to talk about this for one 205 00:12:06,110 --> 00:12:09,890 Speaker 1: second here. Where do I think XL Li can go 206 00:12:09,890 --> 00:12:13,939 Speaker 1: from here? I think truthfully at this point and it's 207 00:12:13,940 --> 00:12:17,929 Speaker 1: yielding you still about a 5% dividend yield. I think 208 00:12:17,929 --> 00:12:20,160 Speaker 1: it could easily go into the 60s. 209 00:12:20,940 --> 00:12:23,920 Speaker 1: And so that that's just an interesting thing because I 210 00:12:23,920 --> 00:12:27,170 Speaker 1: do think oil and the demand for oil and what 211 00:12:27,170 --> 00:12:28,760 Speaker 1: happened in text, everything 212 00:12:29,440 --> 00:12:32,650 Speaker 1: could really keep pushing the price of oil up 213 00:12:33,440 --> 00:12:37,250 Speaker 1: and therefore X. L. E. Will go up as well 214 00:12:37,250 --> 00:12:41,450 Speaker 1: for a period of time. Just something to think about 215 00:12:42,240 --> 00:12:43,050 Speaker 1: next 216 00:12:43,440 --> 00:12:50,060 Speaker 1: Bitcoin. You know back in February 21, 2020. Bitcoin. 217 00:12:50,440 --> 00:12:53,650 Speaker 1: Was it about $9700 a Bitcoin. 218 00:12:54,340 --> 00:12:57,020 Speaker 1: Then on March 23 219 00:12:57,540 --> 00:12:59,160 Speaker 1: 2020 220 00:12:59,540 --> 00:13:03,160 Speaker 1: It was down at $6400 a Bitcoin. 221 00:13:03,940 --> 00:13:10,910 Speaker 1: And essentially on February 20 the 21st it's around $57,000 222 00:13:10,920 --> 00:13:12,360 Speaker 1: a Bitcoin. 223 00:13:13,140 --> 00:13:15,960 Speaker 1: Now why am I telling you this? 224 00:13:16,440 --> 00:13:19,050 Speaker 1: Because over this last year 225 00:13:19,940 --> 00:13:24,429 Speaker 1: We've learned many lessons, we've learned how incredibly important it 226 00:13:24,429 --> 00:13:27,460 Speaker 1: is to have a 12-month emergency fund. 227 00:13:28,140 --> 00:13:32,120 Speaker 1: And I still think that is the foundation of any 228 00:13:32,130 --> 00:13:36,890 Speaker 1: financial freedom recipe without an emergency fund. You are making 229 00:13:36,890 --> 00:13:39,860 Speaker 1: one of the biggest mistakes out there 230 00:13:40,740 --> 00:13:43,459 Speaker 1: And I'm so excited that very shortly here, 231 00:13:44,240 --> 00:13:47,120 Speaker 1: very shortly I'm going to talk to all of you 232 00:13:47,120 --> 00:13:51,050 Speaker 1: about a company that I co founded 233 00:13:51,640 --> 00:13:54,700 Speaker 1: that we were in seed funding for and we got 234 00:13:54,700 --> 00:13:59,260 Speaker 1: our seed funding that will absolutely help you if you 235 00:13:59,260 --> 00:14:00,850 Speaker 1: work for an employer 236 00:14:01,440 --> 00:14:04,740 Speaker 1: that goes along with what we have created to help 237 00:14:04,740 --> 00:14:07,350 Speaker 1: you build an emergency fund. 238 00:14:07,840 --> 00:14:08,160 Speaker 1: But 239 00:14:08,740 --> 00:14:10,450 Speaker 1: we got used to 240 00:14:11,140 --> 00:14:17,600 Speaker 1: Watching things go down. Everything was so good. In 2020 241 00:14:17,610 --> 00:14:22,170 Speaker 1: the markets were good oil was good. Bitcoin We thought 242 00:14:22,170 --> 00:14:24,360 Speaker 1: was good, everything was good 243 00:14:25,040 --> 00:14:30,360 Speaker 1: and then we watched it go down very quickly. Within 244 00:14:30,360 --> 00:14:33,260 Speaker 1: one month it went down significantly 245 00:14:33,840 --> 00:14:36,150 Speaker 1: and then very shortly after that 246 00:14:36,640 --> 00:14:41,200 Speaker 1: everything returned and it started to go higher and higher 247 00:14:41,210 --> 00:14:45,760 Speaker 1: and higher. And here we are today, one year later 248 00:14:46,540 --> 00:14:50,080 Speaker 1: with a higher dow jones industrial average. Higher on the 249 00:14:50,080 --> 00:14:51,550 Speaker 1: Excel essentially. 250 00:14:51,940 --> 00:14:54,250 Speaker 1: Bitcoin. Seriously higher. 251 00:14:54,930 --> 00:14:58,460 Speaker 1: And what I'm afraid of at this point in time 252 00:14:58,840 --> 00:15:01,060 Speaker 1: is what you've gotten used to. 253 00:15:01,740 --> 00:15:06,960 Speaker 1: You somehow got used to when something goes down. That's okay. 254 00:15:06,970 --> 00:15:11,960 Speaker 1: It turns around and it comes right back up immediately 255 00:15:12,540 --> 00:15:15,150 Speaker 1: and that's how you now make money 256 00:15:15,740 --> 00:15:19,880 Speaker 1: and I'm not so sure that's going to continue to 257 00:15:19,880 --> 00:15:21,350 Speaker 1: be true. 258 00:15:22,340 --> 00:15:24,590 Speaker 1: You know, even for myself and I just want to 259 00:15:24,590 --> 00:15:27,830 Speaker 1: talk about this a week or two ago. I can't 260 00:15:27,830 --> 00:15:32,960 Speaker 1: remember when I was telling you that about August 17, 261 00:15:32,970 --> 00:15:35,520 Speaker 1: I bought a stock and I don't mind telling you 262 00:15:35,520 --> 00:15:38,660 Speaker 1: the name of it now. Microstrategy's 263 00:15:39,140 --> 00:15:41,360 Speaker 1: symbol. M str 264 00:15:41,840 --> 00:15:43,960 Speaker 1: and this was a company 265 00:15:44,440 --> 00:15:47,830 Speaker 1: that was kind of a technology company. But for some 266 00:15:47,830 --> 00:15:48,550 Speaker 1: reason 267 00:15:48,940 --> 00:15:53,330 Speaker 1: Michael Saylor the ceo of it decided to put all 268 00:15:53,340 --> 00:15:58,150 Speaker 1: of his cash reserves for this company into Bitcoin. 269 00:15:58,840 --> 00:16:02,290 Speaker 1: So all of a sudden it turned from a technology 270 00:16:02,290 --> 00:16:03,060 Speaker 1: company 271 00:16:03,540 --> 00:16:06,560 Speaker 1: until like an exchange traded fund for Bitcoin. 272 00:16:06,940 --> 00:16:13,220 Speaker 1: Then on Wednesday February 17 just a few days ago 273 00:16:13,400 --> 00:16:14,760 Speaker 1: I decided to sell it 274 00:16:15,840 --> 00:16:20,460 Speaker 1: And I decided to sell it when Bitcoin was down 275 00:16:20,460 --> 00:16:24,060 Speaker 1: at about $52,053,000 a share. 276 00:16:24,840 --> 00:16:28,260 Speaker 1: And I had noticed that Bitcoin was going up but 277 00:16:28,260 --> 00:16:32,540 Speaker 1: that the price of Microstrategy's was going down and I 278 00:16:32,540 --> 00:16:34,350 Speaker 1: decided that's it, I'm out. 279 00:16:35,540 --> 00:16:37,900 Speaker 1: And the reason that I got out and that's not 280 00:16:37,900 --> 00:16:39,610 Speaker 1: to say if you want to buy you should buy 281 00:16:39,610 --> 00:16:41,340 Speaker 1: it up to you. I'm not telling you either way 282 00:16:41,340 --> 00:16:42,650 Speaker 1: what you should do there. 283 00:16:43,340 --> 00:16:45,650 Speaker 1: But the reason that I got out 284 00:16:46,340 --> 00:16:51,650 Speaker 1: is because it's just not normal everybody 285 00:16:52,040 --> 00:16:56,560 Speaker 1: To buy something at $145 a share. And six months 286 00:16:56,560 --> 00:17:01,070 Speaker 1: later sell it at $916 a share. 287 00:17:01,440 --> 00:17:04,270 Speaker 1: And so I sold it and I was very happy 288 00:17:04,270 --> 00:17:05,060 Speaker 1: with the gain 289 00:17:05,640 --> 00:17:07,350 Speaker 1: and then my Katie 290 00:17:07,840 --> 00:17:12,530 Speaker 1: starts to see that Bitcoin is absolutely now going up, 291 00:17:12,540 --> 00:17:14,560 Speaker 1: going up and very probably 292 00:17:15,140 --> 00:17:18,540 Speaker 1: microstrategy's will again continue to go up and up and 293 00:17:18,540 --> 00:17:19,460 Speaker 1: she says to me, 294 00:17:20,140 --> 00:17:23,219 Speaker 1: are you sad that you sold it? And I said no, 295 00:17:23,220 --> 00:17:26,180 Speaker 1: why would I be sad? She said because you could 296 00:17:26,180 --> 00:17:27,670 Speaker 1: have made more money 297 00:17:28,940 --> 00:17:32,340 Speaker 1: and that's almost what I want to talk to all 298 00:17:32,340 --> 00:17:33,170 Speaker 1: of you about. 299 00:17:34,240 --> 00:17:37,660 Speaker 1: For some reason, over my entire career, 300 00:17:38,340 --> 00:17:42,260 Speaker 1: it has always been that when I did have clients 301 00:17:42,270 --> 00:17:44,270 Speaker 1: or when I would talk to people, 302 00:17:44,840 --> 00:17:48,169 Speaker 1: they would be so happy to have made money, 303 00:17:48,840 --> 00:17:52,050 Speaker 1: but then they would be so sad that they did 304 00:17:52,050 --> 00:17:54,950 Speaker 1: not make as much money as they could have made 305 00:17:54,980 --> 00:17:58,950 Speaker 1: if they just held on. In fact, 306 00:17:59,540 --> 00:18:03,490 Speaker 1: they were more sad or upset when they sold a 307 00:18:03,490 --> 00:18:06,050 Speaker 1: stock on investment too soon 308 00:18:07,040 --> 00:18:09,500 Speaker 1: and it continued to go up and then they would 309 00:18:09,500 --> 00:18:12,340 Speaker 1: do these calculations in their head, oh my God, if 310 00:18:12,340 --> 00:18:14,389 Speaker 1: I had just held on to it, I would have 311 00:18:14,390 --> 00:18:16,869 Speaker 1: made this, I would have made that. You know how 312 00:18:16,869 --> 00:18:18,669 Speaker 1: much money I would have had susie. 313 00:18:19,140 --> 00:18:22,980 Speaker 1: They would be more upset at not making as much 314 00:18:22,980 --> 00:18:27,450 Speaker 1: as they could have made than having actually lost money. 315 00:18:28,440 --> 00:18:33,170 Speaker 1: And I'm afraid that that mentality has set in. 316 00:18:33,840 --> 00:18:37,660 Speaker 1: I was trying to tell Katie Katie, what difference does 317 00:18:37,660 --> 00:18:38,159 Speaker 1: it make? 318 00:18:38,640 --> 00:18:41,780 Speaker 1: So what I made a lot of money, we made 319 00:18:41,780 --> 00:18:45,060 Speaker 1: a lot of money and if it continued to go up, 320 00:18:45,740 --> 00:18:48,639 Speaker 1: okay, So maybe we would have made some more money 321 00:18:48,640 --> 00:18:51,560 Speaker 1: or whatever, but I was very happy with the amount 322 00:18:51,560 --> 00:18:54,149 Speaker 1: of money I made and I'm not upset that I 323 00:18:54,150 --> 00:18:57,230 Speaker 1: sold it on any level and I hope it continues 324 00:18:57,230 --> 00:18:58,270 Speaker 1: to go back up 325 00:18:58,940 --> 00:19:01,550 Speaker 1: big time for everybody that held it. 326 00:19:02,240 --> 00:19:04,460 Speaker 1: So when I own a stock 327 00:19:05,140 --> 00:19:06,760 Speaker 1: and I sell it, 328 00:19:07,240 --> 00:19:11,620 Speaker 1: I do not look at what that stock does after 329 00:19:11,630 --> 00:19:13,060 Speaker 1: I have sold it, 330 00:19:13,540 --> 00:19:16,959 Speaker 1: I look at the stocks that I currently own 331 00:19:17,440 --> 00:19:21,520 Speaker 1: and I make decisions on the stocks that I currently 332 00:19:21,530 --> 00:19:24,660 Speaker 1: own as to should I keep them or should I 333 00:19:24,660 --> 00:19:28,649 Speaker 1: sell them or what should I do? I do not 334 00:19:28,660 --> 00:19:30,270 Speaker 1: waste my time 335 00:19:30,740 --> 00:19:33,459 Speaker 1: looking at Woulda Coulda Shoulda 336 00:19:34,140 --> 00:19:37,720 Speaker 1: and I don't want you to do that as well. 337 00:19:37,730 --> 00:19:41,159 Speaker 1: I also don't want you to get greedy. 338 00:19:41,940 --> 00:19:46,680 Speaker 1: I also don't want you to look at something and go, 339 00:19:46,690 --> 00:19:49,040 Speaker 1: oh my God, it's going up, I have to get 340 00:19:49,040 --> 00:19:50,830 Speaker 1: involved with this, I have to put a lot of 341 00:19:50,830 --> 00:19:51,660 Speaker 1: money into it 342 00:19:52,140 --> 00:19:54,780 Speaker 1: and you just do it because it's going up. What 343 00:19:54,780 --> 00:19:57,960 Speaker 1: scared me yesterday for the first time about Bitcoin 344 00:19:58,640 --> 00:20:02,409 Speaker 1: was that I had somebody over who was a hairdresser. 345 00:20:02,560 --> 00:20:06,280 Speaker 1: Fabulous hairdresser. And we were talking as she was doing 346 00:20:06,280 --> 00:20:09,179 Speaker 1: my hair. It was interesting. She said, so what do 347 00:20:09,180 --> 00:20:12,260 Speaker 1: you think about Bitcoin? I'm thinking about investing in it 348 00:20:13,140 --> 00:20:15,770 Speaker 1: now. I know that this woman doesn't have very much 349 00:20:15,770 --> 00:20:16,260 Speaker 1: money 350 00:20:16,940 --> 00:20:22,270 Speaker 1: And I know also she doesn't have a 12-month emergency fund. 351 00:20:22,740 --> 00:20:27,420 Speaker 1: And I also know that prior to yesterday in all 352 00:20:27,420 --> 00:20:29,160 Speaker 1: the years that I've known this woman, 353 00:20:29,740 --> 00:20:32,260 Speaker 1: she has never once cared about investing. 354 00:20:33,040 --> 00:20:35,560 Speaker 1: She didn't care about opening up a Roth ira 355 00:20:36,040 --> 00:20:38,660 Speaker 1: she didn't care about things that I was telling her. 356 00:20:38,670 --> 00:20:42,109 Speaker 1: Please just dollar cost average into the Vanguard Total Stock 357 00:20:42,109 --> 00:20:45,590 Speaker 1: Market Index fund. Please just do that. She didn't care 358 00:20:45,590 --> 00:20:46,360 Speaker 1: about that. 359 00:20:46,740 --> 00:20:50,270 Speaker 1: But now she cares about Bitcoin. 360 00:20:50,840 --> 00:20:56,400 Speaker 1: Too many people are starting to talk about Bitcoin and 361 00:20:56,400 --> 00:21:02,169 Speaker 1: it reminds me of back in 2006, when my valet 362 00:21:02,170 --> 00:21:04,980 Speaker 1: here at the Condo that I live in, in Florida 363 00:21:04,990 --> 00:21:07,510 Speaker 1: told me that he was going to stop being a 364 00:21:07,510 --> 00:21:10,760 Speaker 1: valet and he was going to become a real estate agent. 365 00:21:11,740 --> 00:21:15,980 Speaker 1: Right? When everything crash now, I am not telling you 366 00:21:15,990 --> 00:21:19,780 Speaker 1: that Bitcoin is going to crash do I think that 367 00:21:19,780 --> 00:21:21,860 Speaker 1: it could run up here possibly for a few more 368 00:21:21,859 --> 00:21:23,560 Speaker 1: days and everything I do. 369 00:21:24,040 --> 00:21:27,850 Speaker 1: But I also think that could absolutely retreat. 370 00:21:28,240 --> 00:21:32,570 Speaker 1: So I am just repeating myself right now. If you're 371 00:21:32,570 --> 00:21:34,770 Speaker 1: going to do Bitcoin, 372 00:21:35,340 --> 00:21:37,260 Speaker 1: I do Bitcoin through Paypal, 373 00:21:37,940 --> 00:21:40,689 Speaker 1: you may decide to do Bitcoin through coin base or 374 00:21:40,690 --> 00:21:43,479 Speaker 1: the other entities that are out there or the wallets 375 00:21:43,480 --> 00:21:45,260 Speaker 1: or whatever it may be, 376 00:21:46,340 --> 00:21:52,950 Speaker 1: but dollar cost average into it little by little knowing 377 00:21:53,000 --> 00:21:55,880 Speaker 1: that yet money can be made, but money can be 378 00:21:55,880 --> 00:21:59,420 Speaker 1: lost and I would only be doing it if I 379 00:21:59,420 --> 00:22:02,270 Speaker 1: were you for the long run. 380 00:22:03,040 --> 00:22:07,649 Speaker 1: Is it possible that Bitcoin could easily be 10 times higher. 381 00:22:07,660 --> 00:22:11,360 Speaker 1: five or 10 years from now. Oh, you betcha it is. 382 00:22:11,390 --> 00:22:13,169 Speaker 1: It could also disappear. 383 00:22:14,440 --> 00:22:17,130 Speaker 1: So if you're going to do it, don't do it 384 00:22:17,130 --> 00:22:18,160 Speaker 1: to trade it, 385 00:22:18,640 --> 00:22:22,630 Speaker 1: do it little by little to hold it and hope 386 00:22:22,630 --> 00:22:25,030 Speaker 1: that it goes down because you don't want it to 387 00:22:25,030 --> 00:22:27,990 Speaker 1: go up. You wanted to go down. If it keeps 388 00:22:27,990 --> 00:22:30,970 Speaker 1: going up, if you put in $100 or it's going 389 00:22:30,970 --> 00:22:33,530 Speaker 1: to buy you so little so maybe it can go 390 00:22:33,530 --> 00:22:35,920 Speaker 1: down again. Which means you get to buy a little 391 00:22:35,920 --> 00:22:37,530 Speaker 1: bit more of a Bitcoin 392 00:22:37,640 --> 00:22:39,170 Speaker 1: when you dollar 393 00:22:39,240 --> 00:22:40,669 Speaker 1: cost average? 394 00:22:41,540 --> 00:22:44,450 Speaker 1: The reason that again I'm talking about that 395 00:22:44,940 --> 00:22:47,960 Speaker 1: is that I just want to bring up game stop 396 00:22:48,070 --> 00:22:50,270 Speaker 1: remember Gamestop. Everybody 397 00:22:50,740 --> 00:22:53,670 Speaker 1: that was what everybody was talking to me about. 398 00:22:54,440 --> 00:22:58,940 Speaker 1: Every email. Everybody who saw me anywhere, susie should get 399 00:22:58,940 --> 00:23:01,160 Speaker 1: into Gamestop. What do you think about Game Stop. 400 00:23:02,340 --> 00:23:03,560 Speaker 1: And have you followed it? 401 00:23:04,040 --> 00:23:05,450 Speaker 1: Do you know where it is now? 402 00:23:05,940 --> 00:23:08,000 Speaker 1: Do you even know about some of the people that 403 00:23:08,000 --> 00:23:10,740 Speaker 1: were involved in it? Many of them have been soon 404 00:23:10,740 --> 00:23:14,960 Speaker 1: in class action suits one in particular for $5 million. 405 00:23:15,440 --> 00:23:18,689 Speaker 1: Have you even thought about what's happened to Robin Hood 406 00:23:19,020 --> 00:23:22,940 Speaker 1: now in almost 58% of the people who had accounts 407 00:23:22,940 --> 00:23:26,270 Speaker 1: at Robin Hood are thinking about leaving or have left. 408 00:23:27,240 --> 00:23:30,450 Speaker 1: So it's so simple for all of us to hear 409 00:23:30,450 --> 00:23:33,449 Speaker 1: about the news, get involved with something, do it without 410 00:23:33,450 --> 00:23:35,960 Speaker 1: knowing what we're doing and then we get in trouble. 411 00:23:36,740 --> 00:23:39,050 Speaker 1: Gamestop, just so you know, 412 00:23:39,440 --> 00:23:46,060 Speaker 1: Back in February 21, 2020 was at $4 a share. 413 00:23:46,840 --> 00:23:52,770 Speaker 1: In March 23, it was at $3.81 a share. 414 00:23:54,040 --> 00:23:55,560 Speaker 1: And today 415 00:23:56,060 --> 00:23:59,959 Speaker 1: It's at $40.59 a share 416 00:24:00,340 --> 00:24:02,050 Speaker 1: up considerably, 417 00:24:02,640 --> 00:24:09,859 Speaker 1: But it's down from $483 just a little bit ago. 418 00:24:10,740 --> 00:24:15,350 Speaker 1: I hope you have learned from Gamestop and stop playing 419 00:24:15,350 --> 00:24:20,180 Speaker 1: the game of what that represented. That is not how 420 00:24:20,180 --> 00:24:22,169 Speaker 1: you are to make money. 421 00:24:23,240 --> 00:24:26,270 Speaker 1: So I just want to make you aware 422 00:24:26,640 --> 00:24:31,489 Speaker 1: there's really nothing wrong when you've made a considerable sum 423 00:24:31,490 --> 00:24:32,270 Speaker 1: of money 424 00:24:32,840 --> 00:24:35,840 Speaker 1: and maybe you need money or you're happy with the 425 00:24:35,840 --> 00:24:39,280 Speaker 1: amount of money that you made taking into consideration the 426 00:24:39,280 --> 00:24:42,860 Speaker 1: taxes or whatever it may be. There's nothing wrong with 427 00:24:42,859 --> 00:24:46,360 Speaker 1: taking a serious, serious profit. 428 00:24:46,740 --> 00:24:49,169 Speaker 1: You can always go back in if you're wrong, 429 00:24:49,840 --> 00:24:52,270 Speaker 1: but there's nothing wrong with that. 430 00:24:52,640 --> 00:24:55,060 Speaker 1: But if you don't know what to do 431 00:24:55,640 --> 00:24:59,450 Speaker 1: here is a test that I think you should take. 432 00:25:00,740 --> 00:25:02,660 Speaker 1: Ask yourself the question, 433 00:25:03,040 --> 00:25:05,050 Speaker 1: let's say you own a stock 434 00:25:06,040 --> 00:25:10,270 Speaker 1: and rather than having $10,000 in that stock, 435 00:25:11,040 --> 00:25:14,450 Speaker 1: Let's say that you had $10,000 in cash. 436 00:25:15,240 --> 00:25:19,410 Speaker 1: The question that you should ask yourself is this, would 437 00:25:19,410 --> 00:25:24,990 Speaker 1: I buy that stock or that investment right here and 438 00:25:24,990 --> 00:25:27,770 Speaker 1: right now with that $10,000? 439 00:25:28,640 --> 00:25:32,359 Speaker 1: If the answer to that is no, I would not, 440 00:25:33,140 --> 00:25:36,170 Speaker 1: that is an indication that maybe you should sell. 441 00:25:36,940 --> 00:25:40,560 Speaker 1: If the answer to that question is yes, I would, 442 00:25:40,940 --> 00:25:42,770 Speaker 1: then you should hold on to it. 443 00:25:43,140 --> 00:25:46,950 Speaker 1: If the answer to that question is, I don't know, 444 00:25:47,340 --> 00:25:48,959 Speaker 1: then sell half. 445 00:25:49,400 --> 00:25:51,770 Speaker 1: There's nothing wrong with selling half. 446 00:25:53,040 --> 00:25:57,270 Speaker 1: But really, you need to look at this point in time, 447 00:25:58,040 --> 00:26:03,429 Speaker 1: at every single investment that you have. And ask yourself 448 00:26:03,440 --> 00:26:07,510 Speaker 1: that question. I still think we have a good month 449 00:26:07,510 --> 00:26:09,730 Speaker 1: or so of where the markets are going to be 450 00:26:09,730 --> 00:26:12,260 Speaker 1: good and go up and we're going to be okay. 451 00:26:13,240 --> 00:26:16,060 Speaker 1: But I still think around april, 452 00:26:16,940 --> 00:26:19,399 Speaker 1: you know, the first week of april 2nd week of 453 00:26:19,410 --> 00:26:23,660 Speaker 1: april we could see a turn. One of the reasons 454 00:26:23,660 --> 00:26:25,270 Speaker 1: that I think that 455 00:26:25,840 --> 00:26:29,770 Speaker 1: is because so many people are counting on the stimulus 456 00:26:29,770 --> 00:26:33,690 Speaker 1: checks coming out and all of you taking those stimulus 457 00:26:33,690 --> 00:26:37,960 Speaker 1: checks and using it to buy things and stimulate the economy. 458 00:26:38,840 --> 00:26:41,570 Speaker 1: I'm thinking that many of you are going to be 459 00:26:41,570 --> 00:26:45,670 Speaker 1: taking those stimulus checks and putting it in your emergency fund, 460 00:26:46,540 --> 00:26:49,450 Speaker 1: putting it somewhere maybe even to pay off debt, 461 00:26:50,040 --> 00:26:54,129 Speaker 1: saving it somehow. Because you don't know where this pandemic 462 00:26:54,130 --> 00:26:54,960 Speaker 1: is going. 463 00:26:55,340 --> 00:26:58,060 Speaker 1: You don't know if you're going to have unemployment or not. 464 00:26:58,540 --> 00:27:03,010 Speaker 1: There's so many unknown still. So I'm not exactly sure 465 00:27:03,040 --> 00:27:05,400 Speaker 1: that all of you are going to take all of 466 00:27:05,400 --> 00:27:09,870 Speaker 1: this money and go out and buy things with it. Maybe. Yes, 467 00:27:09,869 --> 00:27:11,859 Speaker 1: maybe no. But we'll see. 468 00:27:12,440 --> 00:27:17,070 Speaker 1: So I'm just being really cautious here and there's nothing 469 00:27:17,070 --> 00:27:20,930 Speaker 1: wrong with being cautious. You've worked so hard for your 470 00:27:20,930 --> 00:27:21,460 Speaker 1: money 471 00:27:21,840 --> 00:27:24,639 Speaker 1: And everything should be okay with you in terms of 472 00:27:24,640 --> 00:27:27,960 Speaker 1: the money that you invested, especially money that you don't 473 00:27:27,960 --> 00:27:30,560 Speaker 1: need for 10 2030, 40 years. 474 00:27:31,640 --> 00:27:34,100 Speaker 1: But then there are some of you that may really 475 00:27:34,100 --> 00:27:37,140 Speaker 1: need this money. You don't have an emergency fund. You 476 00:27:37,140 --> 00:27:39,640 Speaker 1: really don't have cash and you may need it in 477 00:27:39,640 --> 00:27:41,709 Speaker 1: the next year or you do need it in the 478 00:27:41,710 --> 00:27:46,500 Speaker 1: next year. I want you to think very seriously about 479 00:27:46,510 --> 00:27:49,890 Speaker 1: if you should be in these markets or not because 480 00:27:49,900 --> 00:27:52,850 Speaker 1: I personally would tell you if you need it 481 00:27:53,040 --> 00:27:58,000 Speaker 1: sell especially the last week, maybe first week of april. 482 00:27:58,010 --> 00:27:59,550 Speaker 1: That's what I would tell you. 483 00:28:00,340 --> 00:28:01,450 Speaker 1: I don't know if I'm right. 484 00:28:01,840 --> 00:28:03,160 Speaker 1: I don't know if I'm wrong. 485 00:28:03,540 --> 00:28:07,110 Speaker 1: But what's really important is this is your money. And 486 00:28:07,109 --> 00:28:10,210 Speaker 1: what happens to it directly affects the quality of your life, 487 00:28:10,220 --> 00:28:12,860 Speaker 1: not my life, not anybody else's life. 488 00:28:13,340 --> 00:28:16,670 Speaker 1: So you have got to trust your gut on this one. 489 00:28:17,140 --> 00:28:20,369 Speaker 1: And what's good for you may not be good for 490 00:28:20,369 --> 00:28:23,400 Speaker 1: your next door neighbor or your sister or your brother 491 00:28:23,400 --> 00:28:28,310 Speaker 1: or me, but you have to do what's good for you. 492 00:28:28,320 --> 00:28:31,630 Speaker 1: Remember the goal of money is for you to be 493 00:28:31,630 --> 00:28:32,350 Speaker 1: secure 494 00:28:33,140 --> 00:28:37,870 Speaker 1: And sometimes if you're in the market and you're afraid 495 00:28:37,880 --> 00:28:40,760 Speaker 1: and whatever it's not giving you security 496 00:28:41,140 --> 00:28:43,660 Speaker 1: and security is worth more. 497 00:28:44,240 --> 00:28:47,170 Speaker 1: Sleeping, good at night is worth more 498 00:28:47,540 --> 00:28:51,170 Speaker 1: feeling good. Every single day is worth more. 499 00:28:51,640 --> 00:28:54,860 Speaker 1: Then a stock going up a few more points or 500 00:28:54,860 --> 00:28:56,670 Speaker 1: down or whatever it may do. 501 00:28:57,240 --> 00:29:00,770 Speaker 1: So you have to take the moves today 502 00:29:01,540 --> 00:29:04,450 Speaker 1: that will make you feel secure. 503 00:29:05,340 --> 00:29:07,220 Speaker 1: All right. I have no idea what I'm going to 504 00:29:07,220 --> 00:29:08,360 Speaker 1: name this podcast. 505 00:29:08,840 --> 00:29:11,450 Speaker 1: Don't have a clue. But I do know this, 506 00:29:11,840 --> 00:29:14,150 Speaker 1: that when it comes to your money, there's only one 507 00:29:14,150 --> 00:29:18,100 Speaker 1: thing that matters and it is this people first, then 508 00:29:18,100 --> 00:29:22,290 Speaker 1: money then thinks now you stay safe. 509 00:29:26,040 --> 00:29:27,760 Speaker 1: Well, those ass. 510 00:29:31,140 --> 00:29:31,460 Speaker 1: Yeah. 511 00:29:32,140 --> 00:29:32,350 Speaker 1: Mhm. 512 00:29:35,180 --> 00:29:35,560 Speaker 1: ST 513 00:29:36,340 --> 00:29:37,060 Speaker 1: All right. 514 00:29:37,440 --> 00:29:37,670 Speaker 1: Mm.