Speaker 1: Earners. What's up.
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Speaker 3: What's the biggest financial mistake that people should avoid in
Speaker 3: twenty twenty five?
Speaker 1: You alluded to it earlier, but I think.
Speaker 4: Even like some of the conversations I have on social
Speaker 4: I can tell the people who are really locked in
Speaker 4: and invest in, and I know some like I got
Speaker 4: a message from a guy yesterday who commented about, you know,
Speaker 4: Kendrick destroyed your man Drake on the Super Bowl and
Speaker 4: his last comment to me in DM was twenty twenty one,
Speaker 4: And I'm like, you joined stock club in twenty twenty one.
Speaker 4: Let me see the game, so I quit executed, and
Speaker 4: you know I didn't have time for it. How do
Speaker 4: you not have time to get risk to take care
Speaker 4: of your family? Regardless of what y'all think. Y'all used
Speaker 4: that glazing word too heavy, and you got a glaze
Speaker 4: over that network first for you have some of these conversations.
Speaker 4: But Kendrick and Drake are good. The boy may be
Speaker 4: a little bit sensitive, but PG.
Speaker 1: Lane and everybody, I'll talk to you. All of y'all
Speaker 1: they good.
Speaker 4: Focus on you, like, eliminate all distractions and focus like
Speaker 4: my kid just turned ten, Like I remember what I
Speaker 4: wore when he was born. We're halfway into the decade.
Speaker 4: Some of you are going to look up and it's
Speaker 4: going to be twenty twenty eight and you're going to
Speaker 4: be like, I don't know what I did with eight
Speaker 4: years in my life. Lock the fuck in all of
Speaker 4: these wars and rap beefs, and that's the distraction from
Speaker 4: your real life. I don't care what you invest in Bitcoin, pallunteer,
Speaker 4: jail stool coin shot the old boy from Barsool getting
Speaker 4: that meme coined off trump coin and pick an asset
Speaker 4: class and invest into it and perpetuity. People you know
Speaker 4: how you work so hard, yo, if you're actually a
Speaker 4: responsible dad, you're going to put it in work every
Speaker 4: day to provide for your family.
Speaker 1: I don't care what asset class it.
Speaker 4: Is, crypto equities, private equity, real estate, your business. Put
Speaker 4: something and invest into it forever. And if you're not
Speaker 4: doing that, I know people love to tell you money
Speaker 4: is not everything, and those will be the same people
Speaker 4: when you need something, won't give you a fucking dime
Speaker 4: to help you.
Speaker 1: In your family.
Speaker 4: Cost of living is going up, crazy people at eleven
Speaker 4: dollars eggs okay, then the car and jury conversation and
Speaker 4: even buying into startups, all of those costs. The cost
Speaker 4: for the Super Bowl ad was eight million. I remember
Speaker 4: when two point five was a big number. In four
Speaker 4: years they have that number being at twelve million dollars.
Speaker 4: What so much so the Starlink and T Mobile had
Speaker 4: to partner together, which they already had for that ad.
Speaker 1: To help drum up what so lock In, lock In
Speaker 1: is the reason why we do.
Speaker 4: The show every week to give you this information which
Speaker 4: other networks don't do. I think we've made invest in
Speaker 4: the easiest for anybody in the world because the other
Speaker 4: networks were not giving you the companies where they were
Speaker 4: going to fall to and where to exit. So for
Speaker 4: you for twenty twenty five football to what is the
Speaker 4: biggest lesson?
Speaker 3: The biggest lesson, Well, the biggest mistake I think that
Speaker 3: people could make is buying a home that they can't
Speaker 3: afford or just buying a home that they're not prepared for.
Speaker 1: That's that's that's the one that prepared for it. Yes,
Speaker 1: that's that's.
Speaker 3: Gonna hurt you more than anything in life, for sure.
Speaker 3: Seen it happen a lot of different places. I just
Speaker 3: saw Cash Doll on Shannon Sharp Show. Yes, her worst
Speaker 3: financial decision ever was buying a home two million dollar mansion.
Speaker 3: I think it was in Atlanta, I'm not sure. So
Speaker 3: that's that's a tricky one because you think that you're
Speaker 3: doing something productive, you think that you're actually doing something
Speaker 3: beneficial when you're buying a home, and and if you're not.
Speaker 3: That's how we did the episode with Keanu Watson. You
Speaker 3: should definitely watch it. Things to Know before buying a home. Yeah,
Speaker 3: if you don't fully know what you're getting yourself into.
Speaker 3: What you think, what you think is actually productive is
Speaker 3: actually extremely harmful for you in your future.
Speaker 1: Yeah, out of hidden costs. There's a lot of him costs. Yeah,
Speaker 1: definitely go watch that episode.
Speaker 2: And we're speaking from experience, like like like that's one
Speaker 2: of the things that we get to actually live these things,
Speaker 2: learn from these things, and then teach these things where
Speaker 2: most people won't even tell you that it happened, and
Speaker 2: then you'll just see the outcomes of it. So it's like, hey,
Speaker 2: hold the data, so hopefully you'll have to go through
Speaker 2: that like we've always lived by that. I think the
Speaker 2: biggest mistake is and this goes into investing, This goes
Speaker 2: in life.
Speaker 1: Don't let people trick you out of your position. Yep.
Speaker 2: The people that are in your ear, the people that
Speaker 2: are feeding you information, the people that are doing things
Speaker 2: they want to be in your position. And a lot
Speaker 2: of times right, and that goes in business. Like I
Speaker 2: said in investment, right, let's move the market down, let's
Speaker 2: pull the rug if it's crypto, to get better positions
Speaker 2: for bigger people with bigger pockets to get in invest
Speaker 2: and make more money. And when we see it, we
Speaker 2: leave positions and we say we're never going back, and
Speaker 2: then we wonder what happened in two years I was invested,
Speaker 2: so never let anyone trick you out of your position.
Speaker 2: And I wrote this quote and it kind of fits
Speaker 2: what we were talking about earlier when we talked about
Speaker 2: like stay hungry and stay like we always hunting. Never
Speaker 2: let your achievements block your vision.
Speaker 1: M hmm great.
Speaker 2: Never be satisfied with with what's happened. Right, made a
Speaker 2: few deals, but it's operating like it's one thing to say,
Speaker 2: it's another thing to live it it. Yeah yeah, those
Speaker 2: would be mine.
Speaker 3: Yeah, yeah, yeah, there you have it.
Speaker 4: There you haven't because I think as we have a
Speaker 4: desire to, and that's why I always bring up the
Speaker 4: bank and a crypto point. If three years ago I
Speaker 4: would have told you that the White House will happen,
Speaker 4: cryptos are you.
Speaker 1: Would have called me crazy.
Speaker 4: Kudos to Sacks for making that move and on the
Speaker 4: entrepreneurship level, but we just saw an entire retail community
Speaker 4: of crypto advocates get tricked out of their spot by.
Speaker 1: The banking elite in one year. I never thought, like
Speaker 1: I knew the little you.
Speaker 4: Know takeovers gonna happen with JP Morgan, I didn't think
Speaker 4: at scale that this would happen.
Speaker 1: Stay locked in, Stay locked in. But what do I know?
Speaker 1: You don't know nothing about crypto. I knew that part
Speaker 1: for in that new twenty K, but we've been here
Speaker 1: for it all.
Speaker 2: It's crazy like we've been here when it was that
Speaker 2: twenty we was here when it was sixteen. So like
Speaker 2: people who took advantage of that information and actually was like,
Speaker 2: all right, what they're saying kind of makes sense, or
Speaker 2: here comes a pull back, This might be a good
Speaker 2: time to invest. Like the people who took advantage of that,
Speaker 2: Oh my god, like they're out of here. You're out
Speaker 2: of here.
Speaker 4: I ask you, guys, you guys, have you met one
Speaker 4: billionaire who came to you and said, I can't wait
Speaker 4: to sell off these group assets never and they do
Speaker 4: it in a contract in perpetuity. Shot all the talent side.
Speaker 4: For those who sound talent contracts, you got to look
Speaker 4: for those terms and perpetuity that means a whole time
Speaker 4: frame forever, forever.
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