1 00:00:00,400 --> 00:00:04,280 Speaker 1: You just realized your business needed to hire someone yesterday. 2 00:00:04,800 --> 00:00:09,520 Speaker 1: How can you find amazing candidates fast? Easy? Just use Indeed. 3 00:00:09,960 --> 00:00:12,680 Speaker 1: Stop struggling to get your job posts seen on other 4 00:00:12,800 --> 00:00:16,439 Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to 5 00:00:16,480 --> 00:00:19,040 Speaker 1: the top of the page for your relevant candidates, so 6 00:00:19,120 --> 00:00:22,119 Speaker 1: you can reach the people you want faster. According to 7 00:00:22,160 --> 00:00:26,120 Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty 8 00:00:26,120 --> 00:00:30,040 Speaker 1: five percent more applications than non sponsored jobs. Don't wait 9 00:00:30,080 --> 00:00:33,519 Speaker 1: any longer. Speed up your hiring right now with Indeed, 10 00:00:33,960 --> 00:00:36,200 Speaker 1: and listeners of this show will get a seventy five 11 00:00:36,280 --> 00:00:39,440 Speaker 1: dollars sponsored job credit to get your jobs more visibility 12 00:00:39,600 --> 00:00:45,320 Speaker 1: at indeed dot com slash pod Katz thirteen. Just go 13 00:00:45,360 --> 00:00:50,120 Speaker 1: to Indeed dot com slash pod Katz thirteen right now 14 00:00:50,479 --> 00:00:53,040 Speaker 1: and support our show by saying you heard about Indeed 15 00:00:53,080 --> 00:00:57,400 Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is 16 00:00:57,440 --> 00:00:58,040 Speaker 1: all you need. 17 00:00:58,720 --> 00:01:01,160 Speaker 2: Earnest what's going on you now Locked in the cliff Notes, 18 00:01:01,200 --> 00:01:03,880 Speaker 2: the number one place for investment strategies, tips and advice. 19 00:01:04,280 --> 00:01:06,440 Speaker 2: Make sure you have your notepads ready, but more importantly, 20 00:01:06,560 --> 00:01:09,040 Speaker 2: make sure you're ready to execute on the information. Yeah, 21 00:01:09,080 --> 00:01:10,640 Speaker 2: but before we get started, we gotta let them in 22 00:01:10,680 --> 00:01:13,040 Speaker 2: on the breaking news alert. All right, so, earner is 23 00:01:13,120 --> 00:01:16,640 Speaker 2: the time has come, eylu Grad School is here, and 24 00:01:16,680 --> 00:01:17,000 Speaker 2: you know how. 25 00:01:17,000 --> 00:01:17,600 Speaker 3: We bringing it. 26 00:01:17,680 --> 00:01:21,080 Speaker 2: Over one hundred past webinars, weekly webinars from industry experts, 27 00:01:21,240 --> 00:01:23,959 Speaker 2: monthly financial planning calls with a shot, our movie and 28 00:01:24,000 --> 00:01:27,080 Speaker 2: book club, access to our private investment group on Facebook, 29 00:01:27,200 --> 00:01:30,280 Speaker 2: and we've just added the home Buyers Blueprint Value one 30 00:01:30,400 --> 00:01:33,320 Speaker 2: reloaded from our brother MG, the Boys Guy, which has 31 00:01:33,360 --> 00:01:35,360 Speaker 2: over twelve hours of content to guide you through the 32 00:01:35,400 --> 00:01:37,679 Speaker 2: process of buying a home with a number of home 33 00:01:37,680 --> 00:01:40,080 Speaker 2: buying programs to get you through the process, y'all. And 34 00:01:40,120 --> 00:01:42,479 Speaker 2: in addition to that, you now have access to our 35 00:01:42,560 --> 00:01:46,280 Speaker 2: weekly mentorship calls for all things real Estate, hosted again 36 00:01:46,360 --> 00:01:49,080 Speaker 2: by brother MG. It's an amazing package. We put it 37 00:01:49,120 --> 00:01:50,840 Speaker 2: all together. We can't wait for you to see it 38 00:01:50,840 --> 00:01:52,320 Speaker 2: and be a part of it. And right now it's 39 00:01:52,360 --> 00:01:53,920 Speaker 2: fifty percent off. So you got to do is head 40 00:01:53,920 --> 00:01:57,160 Speaker 2: over to Eyluniversity dot com. You're gonna get fifty percent off. 41 00:01:57,160 --> 00:01:59,480 Speaker 4: Twenty twenty one, We're gonna do something different. I'm gonna 42 00:01:59,560 --> 00:02:01,120 Speaker 4: let you guys decide if you want to execute it 43 00:02:01,200 --> 00:02:03,480 Speaker 4: or not. I'm not going to force you. But this 44 00:02:03,720 --> 00:02:06,880 Speaker 4: is for those who want the greatest return and possibly 45 00:02:06,920 --> 00:02:08,080 Speaker 4: the greatest year possible. 46 00:02:08,080 --> 00:02:10,680 Speaker 3: To follow up from last year, these are the three 47 00:02:10,880 --> 00:02:13,240 Speaker 3: secrets to winning with your money in twenty twenty one. 48 00:02:13,280 --> 00:02:15,040 Speaker 3: So let's rock and rolls. We can bring our amazing 49 00:02:15,480 --> 00:02:19,360 Speaker 3: guest point. So Number one, what I want you to do. 50 00:02:19,400 --> 00:02:23,200 Speaker 3: Please write these down every spare dollar that. 51 00:02:23,160 --> 00:02:26,200 Speaker 4: You get in twenty twenty one, I want you to 52 00:02:26,200 --> 00:02:29,600 Speaker 4: put half into the market and half the too. Eliminate 53 00:02:29,680 --> 00:02:32,120 Speaker 4: in debt if you want to be debt free, type 54 00:02:32,160 --> 00:02:35,400 Speaker 4: debt free in chat. I think all last year we 55 00:02:35,480 --> 00:02:38,880 Speaker 4: proved what kind of games are possible set Tesla seven 56 00:02:38,960 --> 00:02:42,360 Speaker 4: hundred percent, Apple eighty nine percent. We'll talk about a 57 00:02:42,360 --> 00:02:45,480 Speaker 4: few others that ran up two thousand percent. The misnomber 58 00:02:45,520 --> 00:02:47,720 Speaker 4: that you can only get seven to twelve percent. 59 00:02:47,919 --> 00:02:49,680 Speaker 3: That's we prove that to be wrong. 60 00:02:50,480 --> 00:02:53,440 Speaker 4: But this year I want to go more comprehensive and 61 00:02:53,520 --> 00:02:58,480 Speaker 4: talk about lifestyle structure and having great games in the 62 00:02:58,480 --> 00:03:01,760 Speaker 4: market means nothing if you have a ton of debt 63 00:03:01,919 --> 00:03:03,400 Speaker 4: and a bunch of bills every time you walk to 64 00:03:03,400 --> 00:03:07,560 Speaker 4: your mailbox. Number two, this is important for my fellas. 65 00:03:08,160 --> 00:03:11,840 Speaker 4: Got to avoid lifestyle creep. I say this because interest 66 00:03:11,919 --> 00:03:15,200 Speaker 4: rates were more than likely rise in twenty twenty three. 67 00:03:15,639 --> 00:03:20,440 Speaker 4: This year will not be as sexy as twenty twenty, 68 00:03:20,600 --> 00:03:22,000 Speaker 4: so it'd be a little bit more difficult. 69 00:03:22,040 --> 00:03:23,000 Speaker 3: So we're going to get a. 70 00:03:23,040 --> 00:03:26,000 Speaker 4: Chance to see the cream rise to the top and 71 00:03:26,040 --> 00:03:28,400 Speaker 4: those who can actually invest in trade it will be 72 00:03:28,440 --> 00:03:31,760 Speaker 4: on display this year, so you don't need to go 73 00:03:31,760 --> 00:03:33,960 Speaker 4: get a fourteen bedroom house this year. 74 00:03:34,360 --> 00:03:38,320 Speaker 3: Let's wait. Everyone can't do like him five hundred. 75 00:03:38,440 --> 00:03:39,800 Speaker 4: Listen, you may not be able to get Ride to 76 00:03:39,920 --> 00:03:42,720 Speaker 4: Night Maxwell, sure you know you may not be able 77 00:03:42,720 --> 00:03:43,040 Speaker 4: to get. 78 00:03:43,000 --> 00:03:44,280 Speaker 3: John Legends say baby, I love you. 79 00:03:44,320 --> 00:03:48,119 Speaker 4: Let's put on this playlist and let's not have any stress. 80 00:03:48,600 --> 00:03:51,440 Speaker 4: And then number three. Everyone always asks me how long 81 00:03:51,480 --> 00:03:54,560 Speaker 4: does it take for me? It took me about eighteen 82 00:03:54,600 --> 00:03:57,160 Speaker 4: months once I concentrated heavily on it. I use the 83 00:03:57,200 --> 00:04:01,240 Speaker 4: Dave Ramsey death snowball, but modified so every other revenue 84 00:04:01,240 --> 00:04:03,440 Speaker 4: stream I put fifty to seventy five percent into pan 85 00:04:03,520 --> 00:04:06,720 Speaker 4: off my debt. If you only have one source of income, 86 00:04:06,840 --> 00:04:08,680 Speaker 4: it can take you anywhere from two to three years. 87 00:04:09,120 --> 00:04:10,800 Speaker 4: If you have more than one, it can take. 88 00:04:10,680 --> 00:04:11,400 Speaker 3: You twelve months. 89 00:04:11,440 --> 00:04:13,960 Speaker 4: If you really bust your ass and put all your 90 00:04:14,000 --> 00:04:17,280 Speaker 4: extra money into it. I know when COVID clears, everybody 91 00:04:17,279 --> 00:04:18,159 Speaker 4: wants to go to Plaia. 92 00:04:18,600 --> 00:04:22,200 Speaker 3: Everyone wants to go to Tuloom. Great, hold off until 93 00:04:22,240 --> 00:04:23,680 Speaker 3: you get debt free. 94 00:04:23,680 --> 00:04:29,640 Speaker 4: Though this quote from John Templeton is probably one of 95 00:04:29,680 --> 00:04:33,440 Speaker 4: the most important. Happiness comes from spiritual wealth and not 96 00:04:33,600 --> 00:04:36,680 Speaker 4: material And when I was broke, I used to think 97 00:04:36,760 --> 00:04:38,800 Speaker 4: to myself, like, give me the money and then I'll 98 00:04:38,839 --> 00:04:39,840 Speaker 4: find a way to be happy. 99 00:04:40,320 --> 00:04:44,000 Speaker 3: But we tried to put this on display week after week. 100 00:04:44,080 --> 00:04:44,560 Speaker 3: Last year. 101 00:04:45,520 --> 00:04:49,800 Speaker 4: I was happy as given to others last year. Very 102 00:04:49,800 --> 00:04:52,119 Speaker 4: really did I even talk about any of my personal accomplishments. 103 00:04:52,240 --> 00:04:55,000 Speaker 4: Last year, I was happier to give to those who 104 00:04:55,080 --> 00:04:59,240 Speaker 4: needed or wanted it. So I'm begging you write this down. 105 00:04:59,480 --> 00:05:00,839 Speaker 4: I need you to find a way to give to 106 00:05:00,880 --> 00:05:03,800 Speaker 4: ten people every week for fifty two weeks this year, 107 00:05:04,360 --> 00:05:06,840 Speaker 4: and watch how the blessings multiply in your life. This 108 00:05:06,880 --> 00:05:10,200 Speaker 4: is not some theoretical well or some church thing. This 109 00:05:10,279 --> 00:05:12,640 Speaker 4: is something I've actually done. This had a tremendous impact 110 00:05:12,960 --> 00:05:16,719 Speaker 4: on my life. And last year something you beat up 111 00:05:16,720 --> 00:05:18,400 Speaker 4: on me was like, man, all you cover is stocks 112 00:05:19,120 --> 00:05:21,120 Speaker 4: and long term investing. But this is what I call 113 00:05:21,160 --> 00:05:23,520 Speaker 4: the freedom set of light. So this is the beginner's version. 114 00:05:24,640 --> 00:05:26,480 Speaker 4: Once we go into week sixteen, I'm going to give 115 00:05:26,480 --> 00:05:29,480 Speaker 4: you the full blueprint. But this is your freedom set 116 00:05:29,520 --> 00:05:31,120 Speaker 4: of light. These are the things that you need in 117 00:05:31,120 --> 00:05:35,960 Speaker 4: place to actually have financial freedom. So Number one, you 118 00:05:36,000 --> 00:05:39,840 Speaker 4: need a business you pick now in your industry. You 119 00:05:39,920 --> 00:05:43,640 Speaker 4: need to see what the probability of hitting a million 120 00:05:43,720 --> 00:05:46,479 Speaker 4: or multimillion dollars isn't your business. We don't want to 121 00:05:46,520 --> 00:05:49,400 Speaker 4: walk by hope. We want to walk into the data 122 00:05:49,440 --> 00:05:52,640 Speaker 4: and know what's possible. Number two, stocks, We talked about 123 00:05:52,640 --> 00:05:56,440 Speaker 4: that forever. We know why real estate. So I said 124 00:05:56,480 --> 00:05:59,280 Speaker 4: this before, it's not a gang war. It's both. It's 125 00:05:59,320 --> 00:06:02,760 Speaker 4: not stocks or real estate, is both. We talked about 126 00:06:02,760 --> 00:06:06,680 Speaker 4: it two weeks ago. Life insurance. For what you invest in, 127 00:06:06,720 --> 00:06:09,920 Speaker 4: the bang for your buck that you get life insurance 128 00:06:10,000 --> 00:06:16,160 Speaker 4: is a great addition to your satellite and portfolio. This 129 00:06:16,240 --> 00:06:17,880 Speaker 4: is a big one I want to touch on. I 130 00:06:17,920 --> 00:06:20,159 Speaker 4: talked to about it in the Sniper Room earlier. But 131 00:06:20,440 --> 00:06:24,680 Speaker 4: having a job. Don't let people on Instagram and social 132 00:06:24,720 --> 00:06:28,479 Speaker 4: media tell you that working is bad. The average entrepreneur 133 00:06:28,480 --> 00:06:31,159 Speaker 4: makes less than thirty thousand a year, and we all 134 00:06:31,200 --> 00:06:34,120 Speaker 4: have a friend that has excuse me how the business 135 00:06:34,120 --> 00:06:36,280 Speaker 4: for eight years and he hasn't went anywhere. But he's like, man, 136 00:06:36,320 --> 00:06:40,000 Speaker 4: I can't believe you work for somebody else, and meanwhile 137 00:06:40,000 --> 00:06:42,400 Speaker 4: they're not able to provide for them. So there have 138 00:06:42,400 --> 00:06:46,039 Speaker 4: been more millionaires made from stock options inside of companies 139 00:06:46,080 --> 00:06:48,000 Speaker 4: than they have been actual entrepreneurs that have went on 140 00:06:48,080 --> 00:06:51,280 Speaker 4: to make a million. So don't let people trick could. 141 00:06:51,960 --> 00:06:53,880 Speaker 4: My mom used to tell me some beats none right. 142 00:06:54,120 --> 00:06:57,159 Speaker 4: So if you have money coming in, it's what you 143 00:06:57,279 --> 00:07:00,400 Speaker 4: do with it that would help catapult you. And once 144 00:07:00,440 --> 00:07:03,000 Speaker 4: you actually get into this business, we'll talk about this 145 00:07:03,279 --> 00:07:05,800 Speaker 4: week eight. You need twenty four streams of revenue in 146 00:07:05,800 --> 00:07:06,760 Speaker 4: your business. 147 00:07:07,240 --> 00:07:07,520 Speaker 3: Now. 148 00:07:07,839 --> 00:07:09,560 Speaker 4: When we talked about it two or three weeks ago, 149 00:07:10,560 --> 00:07:13,640 Speaker 4: people were shocked because you often heard seven was the number. 150 00:07:14,680 --> 00:07:17,240 Speaker 4: I've been to enough conferences wherever I brought up that number, 151 00:07:17,240 --> 00:07:19,280 Speaker 4: of people laughed. But I want to walk you through 152 00:07:19,280 --> 00:07:22,440 Speaker 4: an illustration of what corporations do. Don't follow what I say. 153 00:07:22,480 --> 00:07:25,360 Speaker 4: Follow with the top ten companies throughout the world. Due 154 00:07:27,720 --> 00:07:30,160 Speaker 4: So these are the fundamentals that matter. Add this to 155 00:07:30,200 --> 00:07:34,240 Speaker 4: that fundamental list. When you are evaluating a company, this 156 00:07:34,320 --> 00:07:40,800 Speaker 4: is key. How many customers are in their ecosystem. So 157 00:07:40,880 --> 00:07:44,440 Speaker 4: Apple has one point five billion active devices. According to 158 00:07:44,520 --> 00:07:47,880 Speaker 4: last year, T Mobile actively has ninety eight million customers 159 00:07:47,920 --> 00:07:52,240 Speaker 4: paying every month. Microsoft has seventy five, Netflix seventy three. 160 00:07:52,360 --> 00:07:55,840 Speaker 4: Disney Plus had eighty six point eight. They're projected to 161 00:07:55,880 --> 00:07:58,080 Speaker 4: go to two hundred and sixty million by the end 162 00:07:58,120 --> 00:08:00,520 Speaker 4: of this year. The only weakness we do Disney Plus. 163 00:08:00,520 --> 00:08:04,640 Speaker 4: They don't have any amazing content. They're living off old content. 164 00:08:04,760 --> 00:08:07,000 Speaker 4: But if they can find a way to create more 165 00:08:07,040 --> 00:08:10,000 Speaker 4: content without going into debt like Netflix, they can have 166 00:08:10,040 --> 00:08:13,640 Speaker 4: a powerful last business. So a key point I want 167 00:08:13,640 --> 00:08:16,480 Speaker 4: you to write this down. Companies with a subscriber base 168 00:08:16,560 --> 00:08:19,080 Speaker 4: of seventy million to one hundred million is eight. 169 00:08:20,320 --> 00:08:22,560 Speaker 2: This episode is brought to you by P and C Bank. 170 00:08:22,960 --> 00:08:25,720 Speaker 2: A lot of people think podcasts about work are boring, 171 00:08:25,920 --> 00:08:29,760 Speaker 2: and sure they definitely can be, but understanding of professionals 172 00:08:29,840 --> 00:08:33,120 Speaker 2: routine shows us how they achieve their success little by little, 173 00:08:33,480 --> 00:08:37,160 Speaker 2: day after day. It's like banking with P and C Bank. 174 00:08:37,600 --> 00:08:40,400 Speaker 2: It might seem boring to save, plan and make calculated 175 00:08:40,440 --> 00:08:43,520 Speaker 2: decisions with your bank, but keeping your money boring is 176 00:08:43,559 --> 00:08:46,880 Speaker 2: what helps you live or more happily fulfilled life. P 177 00:08:47,000 --> 00:08:51,840 Speaker 2: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly 178 00:08:51,880 --> 00:08:54,520 Speaker 2: Boring since eighteen sixty five is a service mark of 179 00:08:54,559 --> 00:08:57,800 Speaker 2: the PNC Financial Service Group, Inc. P and C Bank 180 00:08:58,200 --> 00:09:03,800 Speaker 2: National Association Member at dic ernerds. 181 00:09:03,800 --> 00:09:04,200 Speaker 3: What's Up? 182 00:09:04,280 --> 00:09:06,760 Speaker 2: You ever walk into a small business and everything just 183 00:09:06,920 --> 00:09:10,080 Speaker 2: works like the checkout is fast, the receipts are digital, 184 00:09:10,600 --> 00:09:13,600 Speaker 2: tipping is a breeze, and you're out the door before 185 00:09:13,600 --> 00:09:17,760 Speaker 2: the line even builds Odds are they're using Square? We 186 00:09:17,920 --> 00:09:20,480 Speaker 2: love supporting businesses that run on Square because it just 187 00:09:20,480 --> 00:09:23,720 Speaker 2: feels seamless. Whether it's a local coffee shop, a vendor 188 00:09:23,760 --> 00:09:26,040 Speaker 2: at a pop up market, or even one of our 189 00:09:26,080 --> 00:09:29,760 Speaker 2: merch partners, Square makes it easy for them to take payments, 190 00:09:29,960 --> 00:09:33,640 Speaker 2: manage inventory, and run their business with confidence, all from 191 00:09:33,800 --> 00:09:37,199 Speaker 2: one simple system. If you're a business owner or even 192 00:09:37,280 --> 00:09:40,800 Speaker 2: just thinking about launching something soon, Square is hands down 193 00:09:40,840 --> 00:09:43,880 Speaker 2: one of the best tools out there to help you start, run, 194 00:09:44,080 --> 00:09:47,439 Speaker 2: and grow. It's not just about payments, it's about giving 195 00:09:47,440 --> 00:09:50,120 Speaker 2: you time back so you can focus on what matters 196 00:09:50,160 --> 00:09:53,400 Speaker 2: most Ready. To see how Square can transform your business, 197 00:09:53,679 --> 00:09:58,319 Speaker 2: visit Square dot com, backslash, go backslash, eyl to learn 198 00:09:58,360 --> 00:10:03,560 Speaker 2: more that Square dot com backslash, go backslash uyl, don't wait, 199 00:10:03,840 --> 00:10:06,680 Speaker 2: don't hesitate. Let's square handle the back end so you 200 00:10:06,679 --> 00:10:08,320 Speaker 2: can keep pushing your vision forward. 201 00:10:11,000 --> 00:10:14,880 Speaker 1: You just realized your business needed to hire someone yesterday. 202 00:10:15,400 --> 00:10:20,120 Speaker 1: How can you find amazing candidates fast? Easy? Just use Indeed. 203 00:10:20,520 --> 00:10:23,240 Speaker 1: Stop struggling to get your job posts seen on other 204 00:10:23,360 --> 00:10:27,040 Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to 205 00:10:27,080 --> 00:10:29,600 Speaker 1: the top of the page for your relevant candidates, so 206 00:10:29,720 --> 00:10:32,680 Speaker 1: you can reach the people you want faster. According to 207 00:10:32,760 --> 00:10:36,720 Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty 208 00:10:36,720 --> 00:10:40,640 Speaker 1: five percent more applications than non sponsored jobs. Don't wait 209 00:10:40,640 --> 00:10:44,120 Speaker 1: any longer, speed up your hiring right now with Indeed, 210 00:10:44,520 --> 00:10:46,800 Speaker 1: and listeners of this show will get a seventy five 211 00:10:46,840 --> 00:10:50,040 Speaker 1: dollars sponsored job credit to get your jobs more visibility 212 00:10:50,200 --> 00:10:55,880 Speaker 1: at indeed dot com slash pod Katz thirteen. Just go 213 00:10:55,960 --> 00:11:00,760 Speaker 1: to Indeed dot com slash pod Katz thirteen right now 214 00:11:01,080 --> 00:11:03,640 Speaker 1: and support our show by saying you heard about Indeed 215 00:11:03,679 --> 00:11:08,000 Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is 216 00:11:08,040 --> 00:11:09,040 Speaker 1: all you need. 217 00:11:09,240 --> 00:11:11,880 Speaker 4: Sweet Spot to invest in your homework for the night, 218 00:11:12,400 --> 00:11:14,800 Speaker 4: make a list of ten of those companies and select 219 00:11:14,800 --> 00:11:17,880 Speaker 4: the three that you want to invest in really quick, 220 00:11:18,200 --> 00:11:18,679 Speaker 4: go ahead. 221 00:11:18,520 --> 00:11:21,319 Speaker 3: And like you don't like the mandalorian is. 222 00:11:21,600 --> 00:11:24,520 Speaker 4: The last episode was amazing, But it's one of those 223 00:11:24,520 --> 00:11:30,440 Speaker 4: things where it's like, it's very niche, it's very It's 224 00:11:30,520 --> 00:11:32,960 Speaker 4: kind of like kid Cutty, like kid Cutty spawned a 225 00:11:33,000 --> 00:11:37,160 Speaker 4: wave's but not everyone is like, yo, you hurt the 226 00:11:37,200 --> 00:11:40,480 Speaker 4: new cutting. But if Kanye does it, Kanye would be 227 00:11:40,520 --> 00:11:43,800 Speaker 4: Apple or T Mobile or Netflix in comparison. 228 00:11:44,080 --> 00:11:46,640 Speaker 3: Your analogies are incredible. Man, that's a good one. I try. 229 00:11:46,800 --> 00:11:49,560 Speaker 3: I try. Spot. 230 00:11:49,840 --> 00:11:52,360 Speaker 4: It's a point that needs to be stressed home for 231 00:11:52,440 --> 00:11:55,439 Speaker 4: the fellas. You can either buy and hold for freedom, 232 00:11:56,000 --> 00:11:59,000 Speaker 4: or you can choose to be selfish. Fellas, I'm gonna 233 00:11:59,040 --> 00:12:00,800 Speaker 4: talk to us more aggressively this year, and I'm gonna 234 00:12:00,800 --> 00:12:02,120 Speaker 4: tell you some of the things that I wish that 235 00:12:02,160 --> 00:12:05,440 Speaker 4: I was told earlier. The number one reason that people 236 00:12:05,520 --> 00:12:07,280 Speaker 4: don't hold for ten to thirty years because you don't 237 00:12:07,280 --> 00:12:09,800 Speaker 4: give a damn about who is in your life and 238 00:12:09,800 --> 00:12:11,360 Speaker 4: who is in your family, and you're not looking to 239 00:12:11,400 --> 00:12:15,400 Speaker 4: secure their future. At some point, fellas, we've got to 240 00:12:15,440 --> 00:12:22,000 Speaker 4: have some private talks about hedging in relationships. But the 241 00:12:22,040 --> 00:12:25,040 Speaker 4: thing that I see is amongst the men that love 242 00:12:25,120 --> 00:12:27,600 Speaker 4: their kids and love their family, they all have put 243 00:12:27,679 --> 00:12:32,439 Speaker 4: something away. For the men that have had the misfortune 244 00:12:32,520 --> 00:12:35,240 Speaker 4: of dealing with the wrong type of person or having 245 00:12:35,240 --> 00:12:37,360 Speaker 4: a child and being divorced with the wrong type of person, 246 00:12:37,840 --> 00:12:41,360 Speaker 4: they are a lot more hesitant. Through the good graces 247 00:12:41,360 --> 00:12:43,400 Speaker 4: of God and through this partnership out last year, I 248 00:12:43,440 --> 00:12:45,680 Speaker 4: was able to talk to like fourteen thousand people about investing, 249 00:12:47,160 --> 00:12:49,920 Speaker 4: And whenever I've talked to men, the ones who really 250 00:12:49,920 --> 00:12:51,840 Speaker 4: loved their kids, it was not even a question if 251 00:12:51,840 --> 00:12:55,760 Speaker 4: they have money put away. So we won't do this 252 00:12:56,080 --> 00:12:58,240 Speaker 4: in a public form, but in the private form we 253 00:12:58,280 --> 00:13:00,520 Speaker 4: have to talk about some strategies to mitigate even if 254 00:13:00,760 --> 00:13:05,640 Speaker 4: you are in a tumultuous situation in your household, if 255 00:13:05,640 --> 00:13:08,920 Speaker 4: you got in before the crash last year, it only 256 00:13:08,960 --> 00:13:11,720 Speaker 4: took you three months to recover, thank God to quantitative 257 00:13:11,720 --> 00:13:13,600 Speaker 4: easing and all the Robinhood traders and all of us 258 00:13:13,600 --> 00:13:16,040 Speaker 4: that were new in the market that helped prop some 259 00:13:16,120 --> 00:13:19,079 Speaker 4: of these things up. And if you bought at the 260 00:13:19,160 --> 00:13:23,079 Speaker 4: absolute high before the world shut down, it only took 261 00:13:23,120 --> 00:13:27,200 Speaker 4: you six months to recover. Six months, and we talked 262 00:13:27,200 --> 00:13:30,080 Speaker 4: about it before post World War two, in a recession, 263 00:13:30,120 --> 00:13:32,680 Speaker 4: on average it takes seventeen months to recover, which is 264 00:13:32,720 --> 00:13:34,360 Speaker 4: not a long time. When you're in the middle of 265 00:13:34,360 --> 00:13:36,120 Speaker 4: that store, man, it f its like hell on Earth. 266 00:13:36,679 --> 00:13:40,480 Speaker 4: But I want to reemphasize these points. So if we 267 00:13:40,800 --> 00:13:43,120 Speaker 4: enter another because today the market's slid down and everyone 268 00:13:43,160 --> 00:13:46,560 Speaker 4: was panicking, I'm like, Nazdak hit an all time high 269 00:13:46,880 --> 00:13:47,400 Speaker 4: before the. 270 00:13:47,400 --> 00:13:49,880 Speaker 3: Open, What did you think it was gonna do? Once again? 271 00:13:49,920 --> 00:13:52,559 Speaker 4: If I score fifty two in the garden the next game, 272 00:13:52,600 --> 00:13:55,240 Speaker 4: I'm probably I'm going to go back to my baseline average. 273 00:13:55,920 --> 00:13:59,080 Speaker 4: And the people who kept waiting and kept saying, well 274 00:13:59,120 --> 00:14:01,760 Speaker 4: in another month, I'll invest they missed. 275 00:14:01,559 --> 00:14:03,160 Speaker 3: Out on one of the greatest roullies in history. 276 00:14:03,679 --> 00:14:05,959 Speaker 4: So I need you to know, once the market drops 277 00:14:05,960 --> 00:14:08,800 Speaker 4: thirty to fifty percent, it usually goes up one hundred 278 00:14:08,840 --> 00:14:11,960 Speaker 4: to one hundred and thirteen percent and four years off index, 279 00:14:12,000 --> 00:14:16,520 Speaker 4: and a loan technology usually is five hundred percent to 280 00:14:16,559 --> 00:14:18,360 Speaker 4: one thousand percent return. 281 00:14:20,160 --> 00:14:21,800 Speaker 3: These are the three sleepers that I wish I. 282 00:14:21,720 --> 00:14:24,520 Speaker 4: Had called in twenty twenty. This first one you need 283 00:14:24,560 --> 00:14:27,760 Speaker 4: to write down. Domino's Pizza. We've talked about it. I 284 00:14:27,800 --> 00:14:29,200 Speaker 4: wish I would have called it in March so I 285 00:14:29,200 --> 00:14:31,520 Speaker 4: could have patted myself on the back, but I think 286 00:14:31,560 --> 00:14:34,520 Speaker 4: I did already with tussling over the last ten or 287 00:14:34,520 --> 00:14:40,080 Speaker 4: eleven years, Dominos is up fifty seven hundred percent fifty 288 00:14:40,080 --> 00:14:43,440 Speaker 4: seven hundred percent number two overstock. Oversock is going to 289 00:14:43,480 --> 00:14:46,040 Speaker 4: slide back down this year, but it was a nice 290 00:14:46,080 --> 00:14:48,840 Speaker 4: return of five hundred and seventy percent seventy six percent, 291 00:14:49,280 --> 00:14:50,720 Speaker 4: and Novavaks is a sleeper. 292 00:14:50,760 --> 00:14:52,400 Speaker 3: I don't think Novavax is good now. 293 00:14:52,440 --> 00:14:54,680 Speaker 4: And maybe we'll do chart time next week for sure, 294 00:14:55,360 --> 00:14:58,880 Speaker 4: but ten thousand in last year in n Novovaks. 295 00:14:58,480 --> 00:15:01,720 Speaker 3: Would have grossed you two hundred and eighty. I can't lie. 296 00:15:01,840 --> 00:15:04,600 Speaker 3: I have some fun over that. I really do. 297 00:15:04,840 --> 00:15:07,840 Speaker 4: This is my personal blueprint for twenty twenty one. My 298 00:15:08,040 --> 00:15:10,160 Speaker 4: entire theme of this year is going to be no talking, 299 00:15:10,200 --> 00:15:12,480 Speaker 4: all executing. So I'm gonna be straight to the point 300 00:15:12,680 --> 00:15:15,000 Speaker 4: on every episode, and I want you to execute if 301 00:15:15,000 --> 00:15:17,240 Speaker 4: you choose to. For me, I'm personally gonna go through 302 00:15:17,240 --> 00:15:20,040 Speaker 4: two hundred pages a day, go through my research stack. 303 00:15:20,720 --> 00:15:22,600 Speaker 4: I'm going to go through the weekly review of the 304 00:15:22,600 --> 00:15:24,640 Speaker 4: top one hundred companies on my list. So write this 305 00:15:24,720 --> 00:15:27,360 Speaker 4: down because if you want a competitive edge, this is 306 00:15:27,360 --> 00:15:29,800 Speaker 4: what I'm doing to get it. I'm going to research 307 00:15:29,880 --> 00:15:33,520 Speaker 4: every single stock in all markets, are international markets and 308 00:15:33,680 --> 00:15:37,120 Speaker 4: domestic in ninety days. I'm going to mark off the 309 00:15:37,120 --> 00:15:41,520 Speaker 4: by zones for every company, mark off which ones are 310 00:15:41,560 --> 00:15:43,960 Speaker 4: winners and losers, and block out all the noise. 311 00:15:45,440 --> 00:15:47,360 Speaker 3: This point right here is the most important. 312 00:15:47,840 --> 00:15:50,640 Speaker 4: Block out all noise. I'm gonna be real. Most financial 313 00:15:50,680 --> 00:15:54,320 Speaker 4: outlets have turned into world Star or shape Room. Kudos 314 00:15:54,320 --> 00:15:58,000 Speaker 4: to the good people of at shape Room. Love y'all right, 315 00:15:58,080 --> 00:16:01,760 Speaker 4: but not a lot of information is given to help 316 00:16:01,920 --> 00:16:05,200 Speaker 4: you catapult to the next level. A lot of it 317 00:16:05,240 --> 00:16:08,320 Speaker 4: is to keep your attention and eyeballs glued to their 318 00:16:08,360 --> 00:16:12,240 Speaker 4: page for at revenue. And then my final assignment is 319 00:16:12,280 --> 00:16:15,640 Speaker 4: to discover what the top three investments are for the year, 320 00:16:15,680 --> 00:16:18,720 Speaker 4: So screenshot that because this is my personal blueprint. So 321 00:16:18,720 --> 00:16:21,640 Speaker 4: if I'm a little bit quieter this year, I'm getting 322 00:16:21,680 --> 00:16:23,560 Speaker 4: back in the trenches in the laboratory so I can 323 00:16:24,120 --> 00:16:27,960 Speaker 4: put some enhancements on this crystal ball. This is one 324 00:16:27,960 --> 00:16:32,520 Speaker 4: of the most popular posts and cause some controversy, but 325 00:16:32,960 --> 00:16:37,120 Speaker 4: I originally posted this in twenty eighteen in December and 326 00:16:37,200 --> 00:16:42,080 Speaker 4: posted it again and caught fire. But I'm not putting 327 00:16:42,120 --> 00:16:46,440 Speaker 4: this to cause you to be stressed or depressed. I'm 328 00:16:46,440 --> 00:16:49,680 Speaker 4: doing it to give you context. So when you first 329 00:16:49,720 --> 00:16:54,400 Speaker 4: get your first hundred grand, whether it's liquid, partially liquid, 330 00:16:54,720 --> 00:16:58,000 Speaker 4: or all tied up once you have kids in a family, 331 00:16:58,040 --> 00:17:02,520 Speaker 4: that's not real money, right, So let's take me out 332 00:17:02,520 --> 00:17:05,480 Speaker 4: of it and let's look at the DAYA kudos to Joshua. 333 00:17:07,480 --> 00:17:10,920 Speaker 4: In order to be considered rich, according to twenty nineteen seven, 334 00:17:10,960 --> 00:17:13,440 Speaker 4: you need at least two point three to be wealthy. 335 00:17:13,520 --> 00:17:17,119 Speaker 4: That's to have a cushion. So whether it's liquid, real estate, 336 00:17:17,200 --> 00:17:20,159 Speaker 4: a combination of both, that's how much. This is the 337 00:17:20,200 --> 00:17:24,520 Speaker 4: metric for where we are right. So the first goal 338 00:17:24,560 --> 00:17:26,600 Speaker 4: you want to get to is ten grand. After that 339 00:17:26,640 --> 00:17:28,879 Speaker 4: you want to get to fifty. The third milestone is 340 00:17:28,880 --> 00:17:31,840 Speaker 4: one hundred. After that you have to be pushing to 341 00:17:31,840 --> 00:17:34,800 Speaker 4: get to the million dollar mark in combination of all 342 00:17:34,880 --> 00:17:39,359 Speaker 4: assets that you have underneath your portfolio. Before you will actually, 343 00:17:39,440 --> 00:17:43,280 Speaker 4: if you have kids, be able to breathe. And the 344 00:17:43,400 --> 00:17:46,080 Speaker 4: true way to know if you have more than enough money, 345 00:17:46,800 --> 00:17:49,560 Speaker 4: you need to multiply whatever your bills are. I multiply 346 00:17:49,680 --> 00:17:51,880 Speaker 4: those times ten years, and that'll tell you how much 347 00:17:52,119 --> 00:17:54,399 Speaker 4: room you need for cushion to be stable. 348 00:17:54,640 --> 00:17:56,880 Speaker 2: To hear a more extended conversation. Make sure to check 349 00:17:56,920 --> 00:18:00,200 Speaker 2: out our live YouTube show Market Mondays every Monday eight 350 00:18:00,200 --> 00:18:03,560 Speaker 2: pm Easter Standard time, seven pm Central, and check out 351 00:18:03,560 --> 00:18:07,320 Speaker 2: the Market Monday's podcast on iHeart, Spotify, Apple, wherever you 352 00:18:07,359 --> 00:18:08,880 Speaker 2: download your podcast Now. 353 00:18:10,760 --> 00:18:15,560 Speaker 4: My graduates from my school being forced bad drop bag 354 00:18:15,720 --> 00:18:20,359 Speaker 4: Drop Mike, drop Bag drop drop. 355 00:18:29,880 --> 00:18:33,760 Speaker 1: You just realized your business needed to hire someone yesterday? 356 00:18:34,280 --> 00:18:39,000 Speaker 1: How can you find amazing candidates fast? Easy? Just use Indeed. 357 00:18:39,440 --> 00:18:42,160 Speaker 1: Stop struggling to get your job posts seen on other 358 00:18:42,240 --> 00:18:45,919 Speaker 1: job sites. 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