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That's what that's what we You know, 19 00:01:03,520 --> 00:01:10,800 Speaker 2: people always tune into shots Market Monday's number one stocks 20 00:01:10,840 --> 00:01:12,760 Speaker 2: a whole vib Shout out to wall she Chaff of 21 00:01:12,880 --> 00:01:16,000 Speaker 2: bro shout out to everybody that we had on the 22 00:01:16,040 --> 00:01:18,720 Speaker 2: show to talk about investing. Shout out to Quentin Martin. 23 00:01:18,800 --> 00:01:21,360 Speaker 2: The first stock market show that we've ever done. That 24 00:01:21,480 --> 00:01:24,319 Speaker 2: was over year ago, so we talked about investing a lot, right, 25 00:01:24,360 --> 00:01:26,440 Speaker 2: But it's just like now we're in the time of 26 00:01:26,800 --> 00:01:29,959 Speaker 2: being socially conscious. We're in the time of actually you know, 27 00:01:30,640 --> 00:01:32,840 Speaker 2: and it does. Everybody's not socially conscious, but I'm just 28 00:01:32,840 --> 00:01:34,720 Speaker 2: saying as far as a lot of people are starting 29 00:01:34,720 --> 00:01:37,720 Speaker 2: to become socially conscious. So a lot of people grapple 30 00:01:37,760 --> 00:01:39,560 Speaker 2: because we do. We did a show last weeks shout 31 00:01:39,560 --> 00:01:42,039 Speaker 2: out the my song about you know the prison system ye, 32 00:01:42,280 --> 00:01:43,720 Speaker 2: and it's like, all right, you know what I mean, 33 00:01:43,760 --> 00:01:46,440 Speaker 2: Like I don't feel comfortable investing in being companies that 34 00:01:46,640 --> 00:01:49,280 Speaker 2: invested in prison or it's like now it's police brutality 35 00:01:49,320 --> 00:01:51,280 Speaker 2: and find out there's a whole financial play behind that. 36 00:01:51,440 --> 00:01:53,080 Speaker 3: I think. I think that was so opened the doors 37 00:01:53,120 --> 00:01:54,640 Speaker 3: because like a lot of people didn't even realize that. 38 00:01:54,640 --> 00:01:56,040 Speaker 3: And shout out to my song because I see him 39 00:01:56,040 --> 00:01:58,920 Speaker 3: on the field and he was in Kentucky with the 40 00:01:58,920 --> 00:02:02,760 Speaker 3: Breonna Taylor case and now he's in Minnesota with the 41 00:02:03,280 --> 00:02:04,840 Speaker 3: George Floyd case too, So shout out to my song, 42 00:02:04,880 --> 00:02:05,920 Speaker 3: who's doing incredible work. 43 00:02:06,600 --> 00:02:09,480 Speaker 2: Shout out to my song for sure. So all right, 44 00:02:10,040 --> 00:02:11,919 Speaker 2: one thing that we have not talked about so far 45 00:02:11,960 --> 00:02:17,160 Speaker 2: in the podcast is socially responsible investing. That's all right, Yes, 46 00:02:17,400 --> 00:02:21,120 Speaker 2: socially responsible investing. So this is an interesting conversation because 47 00:02:21,360 --> 00:02:23,880 Speaker 2: it's actually a really big thing and it's been around 48 00:02:23,919 --> 00:02:26,519 Speaker 2: for a very long period of time. But so there 49 00:02:26,520 --> 00:02:31,840 Speaker 2: are investors right that have social hang ups about different things, 50 00:02:32,040 --> 00:02:36,200 Speaker 2: whether it be about the environment, whether it be about tobacco, 51 00:02:36,600 --> 00:02:40,200 Speaker 2: whether it be about gambling, whether it be about war 52 00:02:40,680 --> 00:02:45,520 Speaker 2: or another one, weapons of mass destruction, prison companies that 53 00:02:46,320 --> 00:02:48,840 Speaker 2: benefit off of prison, health, health. 54 00:02:48,600 --> 00:02:51,280 Speaker 3: Care, anybody invested in tobacco, alcohol. 55 00:02:51,000 --> 00:02:55,079 Speaker 2: Women, a bunch of different things that people. So it's 56 00:02:55,120 --> 00:02:56,520 Speaker 2: like a lot of times just like you know, some 57 00:02:56,560 --> 00:02:58,760 Speaker 2: people and I'm not taking this out either way. Some 58 00:02:58,760 --> 00:03:00,440 Speaker 2: people's like, you know, I'm gonna invest and just get 59 00:03:00,440 --> 00:03:02,840 Speaker 2: my bread, get my money, and it is what it is. 60 00:03:03,120 --> 00:03:05,280 Speaker 2: And then some people was like, you know, I kind 61 00:03:05,280 --> 00:03:08,400 Speaker 2: of want to still invest make money. I believe in that, 62 00:03:09,040 --> 00:03:12,480 Speaker 2: but I still have some moral issues. 63 00:03:12,680 --> 00:03:14,160 Speaker 3: Ther moral compass is going on that I. 64 00:03:14,160 --> 00:03:16,760 Speaker 2: Don't necessarily want to invest in certain companies. 65 00:03:17,840 --> 00:03:18,320 Speaker 3: That's fair. 66 00:03:18,440 --> 00:03:23,880 Speaker 2: Yeah, no, I'm not saying it's not so for that, 67 00:03:24,080 --> 00:03:28,320 Speaker 2: they're actually funds. There's actually funds now that I said that. Financially, 68 00:03:28,360 --> 00:03:30,359 Speaker 2: when you start to learn about more about everything, it's 69 00:03:30,360 --> 00:03:32,000 Speaker 2: something it's like ice cream. There's a different flavor for 70 00:03:32,040 --> 00:03:35,520 Speaker 2: every single person. So there's actually funds, ETFs and mutual 71 00:03:35,560 --> 00:03:41,520 Speaker 2: funds in place to four socially conscious investors. 72 00:03:41,600 --> 00:03:42,880 Speaker 3: Yeah, I had to put back the layers on this 73 00:03:42,920 --> 00:03:44,800 Speaker 3: because I was like, what you texted to me. I'm like, 74 00:03:45,120 --> 00:03:47,360 Speaker 3: I never heard of it. Let's do some research. 75 00:03:47,720 --> 00:03:51,760 Speaker 2: Yeah, for sure. So you know, there's there's a few. 76 00:03:51,800 --> 00:03:56,560 Speaker 2: Like I said, So those are the different topics like environment, gambling, tobacco, alcohol, prison, 77 00:03:56,960 --> 00:04:00,680 Speaker 2: social justice, and religion. That's a whole dif conversations. We're 78 00:04:00,680 --> 00:04:02,640 Speaker 2: gonna talk about that, but so just to kind of 79 00:04:02,640 --> 00:04:08,480 Speaker 2: give you a few, there's esgu esgu Is an ETF, 80 00:04:08,640 --> 00:04:14,040 Speaker 2: a socially conscious ETF that does not invest in any 81 00:04:14,120 --> 00:04:21,520 Speaker 2: company that has anything to do with weapons, tobacco, jails, 82 00:04:21,560 --> 00:04:25,000 Speaker 2: even though they actually did have a private prison in 83 00:04:25,040 --> 00:04:27,720 Speaker 2: their ETF and then they found out and there was 84 00:04:27,760 --> 00:04:29,400 Speaker 2: a mistake and they kicked it off. So it's like 85 00:04:29,440 --> 00:04:31,840 Speaker 2: even that, it's like you know, you find out you 86 00:04:31,880 --> 00:04:35,200 Speaker 2: try to get the kosher hot dogs, police it was 87 00:04:35,200 --> 00:04:37,719 Speaker 2: made in a in a pig slaughtering house, Like it's 88 00:04:37,760 --> 00:04:40,640 Speaker 2: so crazy, but so yeah, but yeah, that's a ETF, 89 00:04:40,640 --> 00:04:43,760 Speaker 2: and that ETF has actually done pretty well, you know, 90 00:04:43,880 --> 00:04:46,440 Speaker 2: considering because a lot of a lot of times the 91 00:04:46,520 --> 00:04:49,000 Speaker 2: performance of these things aren't as high as other ones, 92 00:04:49,400 --> 00:04:52,440 Speaker 2: but that one has done pretty well. It's fifty two 93 00:04:52,520 --> 00:04:57,040 Speaker 2: week high is seventy five dollars, and it's fifty two 94 00:04:57,080 --> 00:04:59,159 Speaker 2: weeks low was forty dollars a month ago, so March 95 00:04:59,360 --> 00:05:01,640 Speaker 2: was forty dollars right now with sixty eight, so it's 96 00:05:01,800 --> 00:05:04,400 Speaker 2: it's it's up pretty nicely and in a two in 97 00:05:04,440 --> 00:05:07,880 Speaker 2: a two month timeframe. Another one is s s g A, 98 00:05:08,400 --> 00:05:12,080 Speaker 2: which is a women diversity ETF and like investing companies 99 00:05:12,120 --> 00:05:15,600 Speaker 2: that hire majority women or have women CEOs, it's like 100 00:05:15,880 --> 00:05:20,120 Speaker 2: it's focused around women. There's another one called c r 101 00:05:20,400 --> 00:05:25,080 Speaker 2: b N which is a low carbon environmental friendly ETF. 102 00:05:25,360 --> 00:05:27,400 Speaker 2: So there's there's a variety. Like you can just google 103 00:05:27,640 --> 00:05:30,839 Speaker 2: socially conscious funds and like kind of just play around 104 00:05:30,839 --> 00:05:32,560 Speaker 2: with it in different filters and you can see, like, 105 00:05:32,640 --> 00:05:34,840 Speaker 2: you know, what kind of fun you're looking for, you know, 106 00:05:34,920 --> 00:05:35,840 Speaker 2: with the situation. 107 00:05:35,480 --> 00:05:37,960 Speaker 3: It's interesting. It's interesting because I'm thinking to myself, like, 108 00:05:37,960 --> 00:05:40,560 Speaker 3: how many investors, right, are not willing to compromise their 109 00:05:40,600 --> 00:05:43,560 Speaker 3: values to make money? And when you when I think 110 00:05:43,600 --> 00:05:45,520 Speaker 3: of investors, I'm like, you know what, I think the 111 00:05:45,520 --> 00:05:47,120 Speaker 3: more the moral thing is like, they just want to 112 00:05:47,160 --> 00:05:49,320 Speaker 3: make money. Yeah, they don't put everything else. I think. 113 00:05:49,360 --> 00:05:52,520 Speaker 2: I think you know, people and myself included. You know, 114 00:05:52,560 --> 00:05:58,640 Speaker 2: I'm not preaching from the choir. We can conveniently get blind, right, 115 00:05:58,800 --> 00:06:00,920 Speaker 2: conveniently get blind. So it's like, you know what I'm saying, 116 00:06:00,960 --> 00:06:04,760 Speaker 2: Like you might see something. It's like it's not that bad. 117 00:06:05,160 --> 00:06:08,080 Speaker 3: It's like like if you were anti war, right, and 118 00:06:08,160 --> 00:06:11,280 Speaker 3: it was like, yeah, bone's at ninety seven dollars, right, 119 00:06:11,279 --> 00:06:13,000 Speaker 3: But I don't want to invest in any company that 120 00:06:13,120 --> 00:06:15,760 Speaker 3: has deals with any making machines or any type of 121 00:06:15,760 --> 00:06:19,160 Speaker 3: thing that could help in the development of weapons of 122 00:06:19,200 --> 00:06:22,839 Speaker 3: mass destruction or helping war. There goes that morale. It's like, wait, 123 00:06:22,839 --> 00:06:24,640 Speaker 3: well this is a good buy, right, this is a 124 00:06:24,680 --> 00:06:27,280 Speaker 3: good buy at ninety seven dollars. Is it worth it? 125 00:06:27,320 --> 00:06:29,280 Speaker 3: You know what I'm saying, Like, I think most people think, 126 00:06:29,400 --> 00:06:30,200 Speaker 3: let's just make money. 127 00:06:30,200 --> 00:06:32,520 Speaker 2: Oh, they just don't really think about it. You thinking 128 00:06:32,520 --> 00:06:35,240 Speaker 2: about it from that under standpoint, It's like, yeah, you 129 00:06:35,320 --> 00:06:41,520 Speaker 2: know Boeing has government contracts. Are you thinking that maybe 130 00:06:41,560 --> 00:06:44,800 Speaker 2: that government plane is sending a drone and killing an 131 00:06:44,839 --> 00:06:47,160 Speaker 2: innocent child in Syria? You're not really looking too far 132 00:06:47,200 --> 00:06:52,520 Speaker 2: into it. You could. It's available, but it's a lot, 133 00:06:52,720 --> 00:06:55,480 Speaker 2: it's a lot easier to turn the blind and just turnable. 134 00:06:56,240 --> 00:06:59,839 Speaker 2: This is what happens in a variety of different things. Yeah, 135 00:07:00,400 --> 00:07:02,919 Speaker 2: you don't you don't want to see certain things. Like 136 00:07:02,920 --> 00:07:05,560 Speaker 2: you you're walking down the alley, you see what's going on, 137 00:07:06,200 --> 00:07:07,840 Speaker 2: you turn your you turn around, and you walked the 138 00:07:07,839 --> 00:07:08,039 Speaker 2: out of. 139 00:07:08,000 --> 00:07:10,520 Speaker 3: The way a lot of times most of the time, 140 00:07:10,920 --> 00:07:12,280 Speaker 3: most of the time, I mean for your own safety 141 00:07:12,320 --> 00:07:12,680 Speaker 3: a lot of time. 142 00:07:12,720 --> 00:07:14,840 Speaker 2: And like I said, I'm not here to shame. We're 143 00:07:14,840 --> 00:07:16,040 Speaker 2: not here to shame anybody. 144 00:07:16,120 --> 00:07:17,040 Speaker 3: Nah. 145 00:07:17,240 --> 00:07:19,040 Speaker 2: But but I'm just saying, I'm just you just want 146 00:07:19,080 --> 00:07:23,600 Speaker 2: to provide some information for some people that may want 147 00:07:23,680 --> 00:07:29,040 Speaker 2: to take a higher level of morality in that in 148 00:07:29,080 --> 00:07:31,720 Speaker 2: that standpoint, and may want to take a higher level 149 00:07:32,280 --> 00:07:36,080 Speaker 2: of weeding out their investments. Just give them, Just give them. 150 00:07:36,320 --> 00:07:38,360 Speaker 2: That's the thing we just had to just provide information. 151 00:07:38,400 --> 00:07:39,960 Speaker 2: A lot of time people don't fully understand that. They 152 00:07:39,960 --> 00:07:43,160 Speaker 2: don't they don't they don't even know that it exist exactly. 153 00:07:43,240 --> 00:07:45,520 Speaker 3: So it's like a lot of people in this I 154 00:07:45,560 --> 00:07:48,080 Speaker 3: guess the quote unquote woke stage right. So it's like, yo, 155 00:07:48,600 --> 00:07:50,760 Speaker 3: if you're woke, let it be in all assets of 156 00:07:50,800 --> 00:07:53,000 Speaker 3: your life, right, not just in your individual things that 157 00:07:53,000 --> 00:07:54,920 Speaker 3: you're doing on day to day, but even in your investment. 158 00:07:54,920 --> 00:07:56,680 Speaker 3: And this is one of those things like like you said, 159 00:07:56,720 --> 00:07:58,960 Speaker 3: prior to this, I wasn't thinking about it. I had 160 00:07:59,000 --> 00:07:59,800 Speaker 3: no idea. 161 00:08:00,800 --> 00:08:04,320 Speaker 2: So and then that brings it to another conversation we 162 00:08:04,360 --> 00:08:06,400 Speaker 2: talked to John again. Shout to my son. Last week's 163 00:08:06,400 --> 00:08:09,640 Speaker 2: episode was about the prison system. We didn't fully go 164 00:08:09,720 --> 00:08:14,560 Speaker 2: into the finances of publicly traded companies, but so there's 165 00:08:14,600 --> 00:08:20,040 Speaker 2: prison stocks, like private prison companies that are traded on 166 00:08:20,680 --> 00:08:23,960 Speaker 2: the Stock Exchange. So a few of them are cor Civic, 167 00:08:24,000 --> 00:08:27,720 Speaker 2: which is c x W and g O Group which 168 00:08:27,800 --> 00:08:30,080 Speaker 2: is g E. Oh that's their that's their symbol. 169 00:08:30,160 --> 00:08:32,320 Speaker 3: The crazy thing about cor Civic and this is crazy 170 00:08:32,320 --> 00:08:33,840 Speaker 3: that you said that we don't even speak about this, 171 00:08:34,120 --> 00:08:36,000 Speaker 3: but dal Freeman shout out to Dala Feman. If you 172 00:08:36,000 --> 00:08:37,800 Speaker 3: don't know Dalla Freeman. Google him. I don't tell you 173 00:08:37,920 --> 00:08:41,280 Speaker 3: his background, but a very very successful man in the 174 00:08:41,280 --> 00:08:45,040 Speaker 3: world of technology. Uh. He called me. He said, y'all 175 00:08:45,040 --> 00:08:48,760 Speaker 3: loved that episode. Uh, the actual the CEO of Courcific 176 00:08:48,840 --> 00:08:49,600 Speaker 3: is my next door neighbor. 177 00:08:50,000 --> 00:08:50,440 Speaker 2: Oh yeah. 178 00:08:50,760 --> 00:08:52,760 Speaker 3: He was like, Yo, it's a big business and I'm 179 00:08:52,760 --> 00:08:55,520 Speaker 3: glad y'all talked to me episode. Yep, loved it. Sent 180 00:08:55,679 --> 00:08:59,079 Speaker 3: me the message and that. I was like, wow, that's incredible. 181 00:08:59,160 --> 00:09:01,559 Speaker 3: He was like, yeah, it's a big business. It's a city. Literally. 182 00:09:01,600 --> 00:09:03,600 Speaker 3: You got to think of these prisons, these private business 183 00:09:03,600 --> 00:09:06,640 Speaker 3: as cities. They need everything that a city needs. And 184 00:09:06,679 --> 00:09:09,079 Speaker 3: when you look at it like that, it's like damn. 185 00:09:09,120 --> 00:09:11,240 Speaker 3: He's right. Yeah, and his next door neighbor is the 186 00:09:11,280 --> 00:09:12,480 Speaker 3: guy who is in charge of that. 187 00:09:12,880 --> 00:09:15,360 Speaker 2: Well, there you have it. So yeah, those are two 188 00:09:15,400 --> 00:09:18,320 Speaker 2: private prison companies. Now. The crazy thing about those stocks, 189 00:09:18,559 --> 00:09:21,040 Speaker 2: so it's been even on that episode, my song had 190 00:09:21,080 --> 00:09:24,800 Speaker 2: said that private prison stocks skyrocketed after Trump got elected. 191 00:09:24,840 --> 00:09:26,560 Speaker 2: That is true. Both of those companies are think one 192 00:09:26,640 --> 00:09:29,079 Speaker 2: up over one hundred percent in the year following Trump's election, 193 00:09:29,240 --> 00:09:33,520 Speaker 2: but they've actually been down for the last like three 194 00:09:33,600 --> 00:09:35,599 Speaker 2: year and four Like their five year chart is not 195 00:09:35,640 --> 00:09:38,520 Speaker 2: really impressive, which is a good thing. I mean, you know, 196 00:09:38,640 --> 00:09:40,880 Speaker 2: but just wanted to throw that out there. We have 197 00:09:41,000 --> 00:09:43,679 Speaker 2: to tell both sides of the story. So as an investment, 198 00:09:44,600 --> 00:09:47,400 Speaker 2: they haven't really they're not booming. They're not booming right now. 199 00:09:47,240 --> 00:09:49,280 Speaker 3: Which is good, which is good, which means that there's 200 00:09:49,360 --> 00:09:50,880 Speaker 3: less people going to prison. 201 00:09:51,000 --> 00:09:52,959 Speaker 2: Well, I don't know if there's less people going to prison. 202 00:09:53,040 --> 00:09:55,800 Speaker 2: But for whatever reason, the stock is just not doing well. 203 00:09:55,920 --> 00:09:57,480 Speaker 2: There could be a variety of different reasons why this 204 00:09:57,559 --> 00:10:01,160 Speaker 2: stock isn't doing well, but the stock is not really performed. 205 00:10:02,200 --> 00:10:04,120 Speaker 2: But what a lot of people don't fully understand is 206 00:10:04,160 --> 00:10:08,800 Speaker 2: that a lot of people are invested in especially cor Civic. 207 00:10:08,920 --> 00:10:11,680 Speaker 2: Up until last year, at the very least, a lot 208 00:10:11,679 --> 00:10:14,319 Speaker 2: of people are invested in Corsific without even knowing it 209 00:10:15,080 --> 00:10:19,920 Speaker 2: because through your four one K, through your IRA, through 210 00:10:19,920 --> 00:10:23,760 Speaker 2: your pension plan. So Vanguard and Blackrock were the two 211 00:10:23,880 --> 00:10:29,960 Speaker 2: biggest holders I think they still are of private prisons stocks. 212 00:10:30,880 --> 00:10:34,439 Speaker 2: Black Rock Vanguard two of the biggest mutual fund companies. 213 00:10:35,400 --> 00:10:37,920 Speaker 2: Everybody loves Vanguard because they have you know, It's what 214 00:10:37,960 --> 00:10:39,800 Speaker 2: I'm saying, it's a lot of It's a lot of 215 00:10:39,960 --> 00:10:42,520 Speaker 2: right and wrong in life. Right people love Vanguard because 216 00:10:42,559 --> 00:10:45,439 Speaker 2: it's like it's a no load fund and it's pretty 217 00:10:45,480 --> 00:10:48,560 Speaker 2: much free to invest, and it's it's cheap, and they're 218 00:10:48,559 --> 00:10:53,160 Speaker 2: the biggest hold of prison stocks. By the way, they 219 00:10:53,200 --> 00:10:55,520 Speaker 2: also have a lot of four one K accounts. Black 220 00:10:55,600 --> 00:10:57,480 Speaker 2: Rock has a lot of four one K accounts, right, 221 00:10:57,559 --> 00:11:01,760 Speaker 2: so cour Civic see XW was in a lot of 222 00:11:01,800 --> 00:11:04,320 Speaker 2: these probably still are, and a lot of these four 223 00:11:04,320 --> 00:11:06,199 Speaker 2: to one K make ups because when you invest in 224 00:11:06,240 --> 00:11:07,960 Speaker 2: a four one K, nobody knows what they're invested in. 225 00:11:07,960 --> 00:11:12,560 Speaker 2: The four one K you have probably three like four 226 00:11:12,600 --> 00:11:13,880 Speaker 2: one K is like a menu and they give you 227 00:11:13,920 --> 00:11:15,880 Speaker 2: like twenty different options of how to invest, right, twenty 228 00:11:15,880 --> 00:11:19,040 Speaker 2: different funds. Now within one fund, it's like one hundred 229 00:11:19,120 --> 00:11:21,640 Speaker 2: different stocks inside of a fund. So if you have 230 00:11:21,720 --> 00:11:24,079 Speaker 2: like three different funds, you have like three hundred different 231 00:11:24,080 --> 00:11:26,280 Speaker 2: stocks inside of your four one K that's you're invested in. 232 00:11:26,480 --> 00:11:27,720 Speaker 3: You doing research on all of them. 233 00:11:27,800 --> 00:11:31,360 Speaker 2: Now, I guarantee you nobody knows any of those companies. 234 00:11:31,880 --> 00:11:34,680 Speaker 2: Nobody knows any of those companies, right because you never acts. 235 00:11:35,520 --> 00:11:37,360 Speaker 2: It's not like just listed as soon as when you 236 00:11:37,880 --> 00:11:39,240 Speaker 2: they just tell you the name of the company. So 237 00:11:39,280 --> 00:11:44,079 Speaker 2: it'll be like Vanguard twenty twenty fund or Vanguard High 238 00:11:44,200 --> 00:11:50,240 Speaker 2: Interest Bond fund or Vanguard small Cap Value fund. Right, 239 00:11:51,000 --> 00:11:53,680 Speaker 2: that's the name of the fund. But inside of the 240 00:11:53,720 --> 00:11:57,160 Speaker 2: small cap value fund, it's about one hundred and forty 241 00:11:57,200 --> 00:11:58,520 Speaker 2: different stocks. 242 00:11:59,040 --> 00:12:01,040 Speaker 3: And that's when you get that big pamphlet that comes 243 00:12:01,040 --> 00:12:03,840 Speaker 3: to your house like that. Probably nobody ever goes through. Yeah, 244 00:12:04,000 --> 00:12:05,480 Speaker 3: and there's a bunch of these stocks, and you're like, 245 00:12:05,520 --> 00:12:07,400 Speaker 3: all right, well did I make money or not? 246 00:12:08,320 --> 00:12:09,200 Speaker 2: Pretty much? Pretty much? 247 00:12:09,240 --> 00:12:12,120 Speaker 3: You know what I'm saying. Nobody's individually looking into one 248 00:12:12,200 --> 00:12:15,040 Speaker 3: hundred and forty different stocks and then actually researching those 249 00:12:15,040 --> 00:12:18,600 Speaker 3: stocks to see if they align with their values and moralities. 250 00:12:18,640 --> 00:12:19,520 Speaker 3: This is not happening. 251 00:12:19,960 --> 00:12:23,160 Speaker 2: No, it's not. But you can't say that you didn't 252 00:12:23,160 --> 00:12:26,800 Speaker 2: know at least because we told you. So you know, 253 00:12:27,000 --> 00:12:30,360 Speaker 2: if you're interested in it, you can do some further research. 254 00:12:30,440 --> 00:12:32,320 Speaker 2: But so, just want to talk about the prison thing, 255 00:12:32,320 --> 00:12:33,959 Speaker 2: because we did speak about that last week, and. 256 00:12:33,880 --> 00:12:37,800 Speaker 3: It's some other things to know about these srs. They 257 00:12:37,840 --> 00:12:41,240 Speaker 3: tend to have a higher fee than regular funds, and 258 00:12:41,320 --> 00:12:43,240 Speaker 3: so I was like, what doesn't make sense. Why, Well, 259 00:12:43,679 --> 00:12:46,640 Speaker 3: the mutual fund has the person who's providing the fund 260 00:12:46,880 --> 00:12:49,480 Speaker 3: actually has to do more research, So there's more work 261 00:12:49,520 --> 00:12:51,520 Speaker 3: that the person has to do. Right, if they're gonna 262 00:12:51,600 --> 00:12:54,200 Speaker 3: do things that match your core values and your moralities, 263 00:12:54,480 --> 00:12:57,600 Speaker 3: it's like they have to find ethnical things that will 264 00:12:57,640 --> 00:12:59,480 Speaker 3: work for you. So there's a little bit more research. 265 00:13:00,200 --> 00:13:02,920 Speaker 3: Tend to be a little bit higher. And there's there's 266 00:13:02,920 --> 00:13:04,840 Speaker 3: a site that you can go if you're in social 267 00:13:05,040 --> 00:13:08,240 Speaker 3: responsibility investing. Social funds dot Com is the website, so 268 00:13:08,280 --> 00:13:10,400 Speaker 3: you can go research on yourself. So that that's one 269 00:13:10,440 --> 00:13:12,600 Speaker 3: thing that you should do. Obviously, do the research and 270 00:13:12,600 --> 00:13:14,640 Speaker 3: then know your values. A lot of people don't know 271 00:13:14,679 --> 00:13:16,600 Speaker 3: their own values, so like when they're trying to invest, 272 00:13:16,640 --> 00:13:18,800 Speaker 3: it's like, well, I believe there's know your own values 273 00:13:18,840 --> 00:13:20,439 Speaker 3: before you're going to go into this type of fun. 274 00:13:20,600 --> 00:13:23,000 Speaker 3: All right, so do the research. I just gave you 275 00:13:23,040 --> 00:13:25,120 Speaker 3: the website. And another thing is a lot of times 276 00:13:25,160 --> 00:13:29,360 Speaker 3: and we've said this website again, social funds dot com. 277 00:13:29,440 --> 00:13:31,199 Speaker 3: So you can go there on your own leisure and 278 00:13:31,679 --> 00:13:33,760 Speaker 3: do some research there. But one of the things that 279 00:13:33,960 --> 00:13:36,040 Speaker 3: it brought to my mind is like we talk about 280 00:13:36,120 --> 00:13:39,320 Speaker 3: diversifying when we're investing, right, but like this type of 281 00:13:39,320 --> 00:13:41,200 Speaker 3: fund doesn't It kind of doesn't allow you to do 282 00:13:41,240 --> 00:13:44,400 Speaker 3: that right, because if you're aligning everything with your values, 283 00:13:44,600 --> 00:13:46,280 Speaker 3: isn't everything kind of going to be the same if. 284 00:13:46,200 --> 00:13:48,400 Speaker 2: You no, No, you can invest in a variety of different 285 00:13:48,440 --> 00:13:52,800 Speaker 2: companies that don't that still align with your values, Like 286 00:13:52,840 --> 00:13:54,280 Speaker 2: you know what I'm say, It could be different industries. 287 00:13:54,320 --> 00:13:56,360 Speaker 2: Like it's just it's just hard, like you said, because 288 00:13:56,400 --> 00:13:58,680 Speaker 2: it's like you've really got to go through every single 289 00:13:58,920 --> 00:14:02,000 Speaker 2: fine because it's like, all right, you're invested in a 290 00:14:02,040 --> 00:14:07,840 Speaker 2: tech company, but it's this tech company providing software for 291 00:14:07,960 --> 00:14:11,559 Speaker 2: weapons of mass destruction. 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You can 342 00:17:10,160 --> 00:17:14,359 Speaker 2: invest in you know, farming, you can invest in financial 343 00:17:14,359 --> 00:17:17,119 Speaker 2: institutions like you can invest in different companies. It's just 344 00:17:17,200 --> 00:17:20,080 Speaker 2: that those different companies have to be in line with 345 00:17:20,720 --> 00:17:21,720 Speaker 2: what you feel comfortable with. 346 00:17:21,760 --> 00:17:24,960 Speaker 3: I would imagine that these funds are managed by very 347 00:17:25,119 --> 00:17:27,800 Speaker 3: very small companies. This feels like a niche thing that 348 00:17:27,840 --> 00:17:29,159 Speaker 3: like very small companies do. 349 00:17:29,760 --> 00:17:31,960 Speaker 2: No, Actually Vanguard has well right, right. 350 00:17:31,960 --> 00:17:34,560 Speaker 3: Right, you're right, you're right, Kanguard, that's a big one. 351 00:17:34,600 --> 00:17:38,760 Speaker 2: So yeah, yeah, But so going to what you just 352 00:17:38,840 --> 00:17:42,280 Speaker 2: said as far as the niche, so there's different layers 353 00:17:42,320 --> 00:17:45,200 Speaker 2: of socially responsible fund as well. Like I said, your leision, 354 00:17:45,240 --> 00:17:47,200 Speaker 2: we just had to provide as much information as we 355 00:17:47,240 --> 00:17:49,880 Speaker 2: possibly can till every cause there's so many different types 356 00:17:49,920 --> 00:17:52,159 Speaker 2: of people in this world. So you got the socially 357 00:17:52,200 --> 00:17:55,200 Speaker 2: conscious people that don't want to invest in those things. 358 00:17:55,560 --> 00:17:58,880 Speaker 2: But religion is a huge thing in this world, and 359 00:17:58,960 --> 00:18:02,879 Speaker 2: now you have religious people who can't or do not 360 00:18:02,920 --> 00:18:05,120 Speaker 2: want to invest in certain things because of their religion. 361 00:18:05,960 --> 00:18:09,480 Speaker 2: So now you have funds for that. It's fun for everything. 362 00:18:09,880 --> 00:18:14,440 Speaker 2: So you have Christian funds like Guidestone is a Christian 363 00:18:14,480 --> 00:18:19,240 Speaker 2: fund and that's dedicated to invest in companies that have 364 00:18:19,560 --> 00:18:23,919 Speaker 2: core Christian values. Kind of a vague situation, but you 365 00:18:24,000 --> 00:18:26,520 Speaker 2: know that's what that's designed for. You can do some 366 00:18:26,560 --> 00:18:33,040 Speaker 2: research and kind of do you have AVE Maria, which 367 00:18:33,119 --> 00:18:36,040 Speaker 2: is a Catholic fund. There's a few Catholic funds, so 368 00:18:36,200 --> 00:18:40,720 Speaker 2: av Maria is Rising Dividend Fund. That's a that's one 369 00:18:40,720 --> 00:18:43,879 Speaker 2: of their their popular funds, and that's a Catholic fund. 370 00:18:44,359 --> 00:18:47,639 Speaker 2: So you know, Catholics, they're really big on like you know, 371 00:18:47,680 --> 00:18:51,280 Speaker 2: abortion and a couple other things. That's like real sticklers 372 00:18:51,280 --> 00:18:54,720 Speaker 2: for the Catholic Church. So they only invest in companies 373 00:18:54,800 --> 00:19:00,520 Speaker 2: that align with Catholic values. And then so just coming 374 00:19:00,560 --> 00:19:04,600 Speaker 2: off the month of Ramadan, we have a large listenership 375 00:19:04,680 --> 00:19:08,320 Speaker 2: all over the world and that includes America, which is 376 00:19:08,320 --> 00:19:13,240 Speaker 2: their huge Muslim population. There's a huge Muslim population in Africa, 377 00:19:13,480 --> 00:19:16,520 Speaker 2: huge Muslim population in Europe of course the Middle East. 378 00:19:17,080 --> 00:19:19,800 Speaker 2: So we have to say Issalam malakam to all of 379 00:19:19,840 --> 00:19:24,360 Speaker 2: the Muslims that tune in. And one thing about Islam 380 00:19:24,440 --> 00:19:28,360 Speaker 2: is that that's actually you know, part of the religion 381 00:19:29,160 --> 00:19:33,480 Speaker 2: is sharia law. Sharia law, so people have a misunderstanding 382 00:19:33,480 --> 00:19:35,480 Speaker 2: a lot of times of what sharia law is. We're 383 00:19:35,480 --> 00:19:37,320 Speaker 2: not going to go into a full but part of 384 00:19:37,359 --> 00:19:40,879 Speaker 2: it is investing, like there's actually guidelines so it's not 385 00:19:40,880 --> 00:19:44,960 Speaker 2: really up for like vague interpretation like if you really 386 00:19:45,040 --> 00:19:49,320 Speaker 2: are a hard liner in the religion, there's financial guidelines 387 00:19:49,400 --> 00:19:53,200 Speaker 2: of how you can invest. So like interest is outlawed 388 00:19:53,200 --> 00:19:58,440 Speaker 2: in Muslim countries. So Shatnez our good friends Egypt, and 389 00:19:58,480 --> 00:20:00,359 Speaker 2: I was over house yesterday and she was telling me 390 00:20:00,400 --> 00:20:04,160 Speaker 2: that there's no there's no mortgages in Egypt. No mortgages 391 00:20:04,200 --> 00:20:07,959 Speaker 2: in Egypt. You just buy the land. So interests, interest 392 00:20:08,240 --> 00:20:11,440 Speaker 2: is outlaw. You're not allowed to charge anybody interest. That's 393 00:20:11,480 --> 00:20:14,919 Speaker 2: one thing, right. Of course, if you're familiar with the religion, 394 00:20:14,960 --> 00:20:19,360 Speaker 2: you know that. You know alcohol is outlawed. A variety 395 00:20:19,400 --> 00:20:23,720 Speaker 2: of different factor is gambling. There's no gambling. Gambling is outlawed. 396 00:20:23,960 --> 00:20:30,320 Speaker 2: So in Islam you have halal and haram. Haram is forbidden, 397 00:20:30,720 --> 00:20:35,760 Speaker 2: Halau is allowable. That's like deemed okay, so now you. 398 00:20:35,760 --> 00:20:38,320 Speaker 3: Have to actually look that up. That was crazy on 399 00:20:38,359 --> 00:20:39,639 Speaker 3: the Jatronic album. 400 00:20:39,720 --> 00:20:43,320 Speaker 2: Okay, yeah, so now you have you have halal funds. 401 00:20:43,920 --> 00:20:46,120 Speaker 2: One of the most popular funds is called a man 402 00:20:46,200 --> 00:20:48,920 Speaker 2: of fund. So the man of fund is a mutual 403 00:20:48,960 --> 00:20:53,000 Speaker 2: fund based around Sharia law which is halal and allows 404 00:20:53,080 --> 00:20:55,600 Speaker 2: Muslims that if you want to, if you want to 405 00:20:55,640 --> 00:21:00,080 Speaker 2: follow those guidelines, that you can actually invest in and 406 00:21:00,119 --> 00:21:05,240 Speaker 2: the Hamana Fund only invest in allow companies, meaning companies 407 00:21:05,320 --> 00:21:09,960 Speaker 2: that don't partake in gambling, companies that don't partake and 408 00:21:10,560 --> 00:21:15,000 Speaker 2: interest interest bearing accounts companies that don't partake in alcohol, 409 00:21:15,680 --> 00:21:19,360 Speaker 2: a variety of other things as well. So that's something 410 00:21:19,520 --> 00:21:21,720 Speaker 2: that is a big play as well, because like I said, 411 00:21:21,720 --> 00:21:25,000 Speaker 2: I mean, no matter what religion you follow, if you're Jewish, 412 00:21:25,160 --> 00:21:27,880 Speaker 2: they have culture funds as well. It's the same thing 413 00:21:27,960 --> 00:21:30,520 Speaker 2: kulshure and alal kind of the same thing as far 414 00:21:30,560 --> 00:21:34,159 Speaker 2: as like the meaning of it, where like Jewish people 415 00:21:34,760 --> 00:21:38,359 Speaker 2: have like if you're a strict hardline jew you are 416 00:21:38,400 --> 00:21:41,639 Speaker 2: only really supposed to indulge in kulshure. But culture is 417 00:21:41,680 --> 00:21:43,200 Speaker 2: more than just food. 418 00:21:43,040 --> 00:21:46,000 Speaker 3: Right, I think that that's a crazy misconception that people 419 00:21:46,000 --> 00:21:46,760 Speaker 3: only think it's a food. 420 00:21:46,800 --> 00:21:48,159 Speaker 2: Then the same thing with allow, like you see to 421 00:21:48,200 --> 00:21:50,560 Speaker 2: allow guys or to allow truck. So people when they 422 00:21:50,760 --> 00:21:52,439 Speaker 2: they think about allow, especially like if you live in 423 00:21:52,440 --> 00:21:54,920 Speaker 2: New York City or like, like you're pretty popular, it's 424 00:21:54,960 --> 00:21:58,600 Speaker 2: pretty popular allow food. And that is a certain way 425 00:21:58,640 --> 00:22:02,040 Speaker 2: where the food the animals you know, slaughtered and you 426 00:22:02,080 --> 00:22:03,959 Speaker 2: say a prayer and certain things, and the same thing 427 00:22:04,000 --> 00:22:06,760 Speaker 2: with culture. But that's only part of it. So like 428 00:22:06,800 --> 00:22:09,119 Speaker 2: with the culture, that's only part of it, Like you know, 429 00:22:09,240 --> 00:22:13,320 Speaker 2: as far as like the same kind of idea, and 430 00:22:13,400 --> 00:22:15,240 Speaker 2: like I said, that's that's true with a variety of 431 00:22:15,320 --> 00:22:18,560 Speaker 2: different religions where it's like, you know, depending on what 432 00:22:18,720 --> 00:22:24,399 Speaker 2: religion you subscribe to, that might you know, have a 433 00:22:24,440 --> 00:22:28,199 Speaker 2: play in how you choose to invest. So those are 434 00:22:28,240 --> 00:22:29,640 Speaker 2: all things to think about as well. 435 00:22:29,720 --> 00:22:31,840 Speaker 3: I know they listening like Yo, damn Shitty's sounds like 436 00:22:31,880 --> 00:22:34,880 Speaker 3: a history professor. This dude literally studies religion like no joke. 437 00:22:35,200 --> 00:22:37,840 Speaker 3: And anybody that knows has ever had a conversation with him, 438 00:22:38,040 --> 00:22:41,080 Speaker 3: they know, like he loves talking about religion. Shout out 439 00:22:41,080 --> 00:22:44,120 Speaker 3: the val who always brings it up. She always talks 440 00:22:44,160 --> 00:22:46,040 Speaker 3: about how you've taught us so much about the world. 441 00:22:46,080 --> 00:22:47,640 Speaker 3: But yeah, I know this is one of your sweet points. 442 00:22:47,680 --> 00:22:49,800 Speaker 2: So history has been my favorite subject since I was 443 00:22:49,800 --> 00:22:50,320 Speaker 2: a little kid. 444 00:22:50,480 --> 00:22:50,880 Speaker 3: Definitely. 445 00:22:50,920 --> 00:22:52,960 Speaker 2: I took a history of religion class when I was 446 00:22:53,000 --> 00:22:55,399 Speaker 2: in college and I never study, never got one broken, 447 00:22:55,400 --> 00:22:57,720 Speaker 2: got an A plus because I just already knew so 448 00:22:57,800 --> 00:23:01,399 Speaker 2: much about religion, all religions. I'm just fascinated by you know, 449 00:23:01,440 --> 00:23:08,840 Speaker 2: I think it's interesting to learn about Christianity, Islam, Judaism, Buddhism, seek. 450 00:23:08,960 --> 00:23:12,439 Speaker 2: I have friends that are all different religions, and you know, 451 00:23:12,560 --> 00:23:14,960 Speaker 2: for me personally, I don't think that there's any one 452 00:23:16,160 --> 00:23:19,919 Speaker 2: religion that is reigned supreme. It's whatever you know, you 453 00:23:20,000 --> 00:23:23,040 Speaker 2: feel comfortable with. I'm not here to judge, but I 454 00:23:23,240 --> 00:23:26,119 Speaker 2: just you know, I always found religion interesting because I 455 00:23:26,200 --> 00:23:29,280 Speaker 2: realized how how touchy it is, and it's like people 456 00:23:29,440 --> 00:23:31,240 Speaker 2: die over their religion, and people will kill you over 457 00:23:31,280 --> 00:23:33,240 Speaker 2: their religion, and it's like you can't play around. Why 458 00:23:33,280 --> 00:23:34,480 Speaker 2: we don't really talk about religion too. 459 00:23:34,480 --> 00:23:36,480 Speaker 3: Much, and some people don't want to be separated from. 460 00:23:36,359 --> 00:23:40,159 Speaker 2: You can't play around with religion. So it's like it's interesting. 461 00:23:40,320 --> 00:23:43,200 Speaker 2: It's interesting to me, it's fascinating. So I try to 462 00:23:43,240 --> 00:23:45,760 Speaker 2: learn as much about religion as I possibly can because 463 00:23:45,760 --> 00:23:47,200 Speaker 2: I feel like a lot of times, most of the time, 464 00:23:47,240 --> 00:23:50,120 Speaker 2: we just we follow whatever religion we're born into. And 465 00:23:50,160 --> 00:23:53,359 Speaker 2: that's not really a belief system. That's more superstition. When 466 00:23:53,440 --> 00:23:55,800 Speaker 2: you when you believe in something that you don't fully understand, 467 00:23:55,840 --> 00:23:56,480 Speaker 2: is superstition. 468 00:23:56,640 --> 00:23:58,200 Speaker 3: You've been You've been bred to believe that. 469 00:23:58,240 --> 00:24:01,800 Speaker 2: Stevie Wonder said that, So now when you have a 470 00:24:01,800 --> 00:24:04,560 Speaker 2: full understanding of things. Not only does it open your 471 00:24:04,600 --> 00:24:07,600 Speaker 2: perspective and make you more open to the world, but 472 00:24:07,680 --> 00:24:09,600 Speaker 2: at least even in the thing that you do fully 473 00:24:09,640 --> 00:24:12,840 Speaker 2: believe in, you can actually believe in it as opposed 474 00:24:12,840 --> 00:24:16,360 Speaker 2: to just doing it because everybody in your family does 475 00:24:16,400 --> 00:24:17,879 Speaker 2: it and you feel like you're going to be cursed 476 00:24:17,880 --> 00:24:18,919 Speaker 2: if you don't do it. 477 00:24:18,920 --> 00:24:22,160 Speaker 3: You've been you've stunned research on your own, You've allowed 478 00:24:22,200 --> 00:24:25,520 Speaker 3: yourself to critically think, You've allowed yourself to analyze, and like, 479 00:24:25,600 --> 00:24:28,320 Speaker 3: that's the goal in life, right, allow yourself and allow 480 00:24:28,440 --> 00:24:31,720 Speaker 3: others to freely think and freely choose. You know what 481 00:24:31,760 --> 00:24:34,679 Speaker 3: I'm saying. I think that is as an educator, like, 482 00:24:34,720 --> 00:24:36,840 Speaker 3: that's the number one thing I'm looking for. Can I 483 00:24:36,880 --> 00:24:39,639 Speaker 3: allow these students to critically think for themselves? And we 484 00:24:39,680 --> 00:24:41,600 Speaker 3: should have that same mindset when it comes to our 485 00:24:41,600 --> 00:24:42,480 Speaker 3: family and our children. 486 00:24:42,800 --> 00:24:45,400 Speaker 2: That's a fact. So the last thing with the stocks, 487 00:24:45,720 --> 00:24:49,040 Speaker 2: this is pretty disturbing and it's all a financial place. 488 00:24:49,119 --> 00:24:52,639 Speaker 2: So now people might want to invest in black own company. 489 00:24:52,640 --> 00:24:54,159 Speaker 3: It's like black, who are there? 490 00:24:54,280 --> 00:24:58,879 Speaker 2: Invest in Black? But frombing investing standpoint, it's like, what 491 00:24:59,000 --> 00:25:01,200 Speaker 2: if I want to invest money in the stock market, 492 00:25:01,240 --> 00:25:03,280 Speaker 2: but I want to invest in black owned companies. 493 00:25:03,320 --> 00:25:05,160 Speaker 3: A lot of people want to do that, right, we 494 00:25:05,160 --> 00:25:07,040 Speaker 3: we buy black, shout out to them, Yeah, shout out 495 00:25:07,000 --> 00:25:08,920 Speaker 3: to me by black those my people, good good people. 496 00:25:10,040 --> 00:25:14,320 Speaker 2: So all right, it's like a black owned fund, I 497 00:25:14,320 --> 00:25:17,520 Speaker 2: couldn't find any, like a black ETF or a black 498 00:25:17,640 --> 00:25:20,320 Speaker 2: mutual fund that only has black companies. Couldn't find anything. 499 00:25:20,359 --> 00:25:23,440 Speaker 3: Yeah, and maybe there are someome I couldn't find any either, 500 00:25:23,520 --> 00:25:24,280 Speaker 3: but maybe there are some. 501 00:25:24,400 --> 00:25:26,800 Speaker 2: Well. I think the reason why there are none that 502 00:25:26,880 --> 00:25:29,920 Speaker 2: I could find is that out of four thousand stocks 503 00:25:30,000 --> 00:25:35,040 Speaker 2: on the New York Stock Exchange, twelve are black companies. Twelve. 504 00:25:35,480 --> 00:25:38,560 Speaker 2: That is so disturbing that that's a whole different conversation. 505 00:25:38,840 --> 00:25:41,719 Speaker 2: You're talking about economic and that's what people don't fully understand. 506 00:25:41,760 --> 00:25:45,000 Speaker 2: It's like black people are so far behind. It's just 507 00:25:45,720 --> 00:25:48,480 Speaker 2: it's almost it's amazing. It's like it's like running a 508 00:25:48,520 --> 00:25:53,359 Speaker 2: marathon and you like twenty three miles in and you 509 00:25:53,600 --> 00:25:55,840 Speaker 2: just started the race, and somebody else is twenty three 510 00:25:55,880 --> 00:25:56,159 Speaker 2: miles in. 511 00:25:56,280 --> 00:25:59,359 Speaker 3: So it's like we're on a treadmill. There's a marathon 512 00:25:59,480 --> 00:26:00,479 Speaker 3: going on. We don't treadmill. 513 00:26:00,560 --> 00:26:03,399 Speaker 2: That's not even one percent. That's less than one percent. 514 00:26:03,560 --> 00:26:08,439 Speaker 2: Twelve twelve out of four thousand companies are publicly traded. 515 00:26:08,960 --> 00:26:12,439 Speaker 2: So you were talking about economic empowerment, and it's like 516 00:26:12,480 --> 00:26:14,199 Speaker 2: a lot of times it's on a broad on a 517 00:26:14,240 --> 00:26:16,359 Speaker 2: small scale when you start looking at it from a 518 00:26:16,440 --> 00:26:19,600 Speaker 2: large scale as far as like companies and billions of 519 00:26:19,640 --> 00:26:22,440 Speaker 2: dollars and things of that nature, and like publicly traded companies, 520 00:26:22,960 --> 00:26:25,280 Speaker 2: there's twelve out of four thousand. 521 00:26:25,520 --> 00:26:30,919 Speaker 3: Yeah, like diversity, I mean, it's crazy. And during the research, 522 00:26:31,119 --> 00:26:33,040 Speaker 3: I actually, you know, I was proud to find out 523 00:26:33,040 --> 00:26:35,240 Speaker 3: that I'm actually invested in one be well, not invested, 524 00:26:35,320 --> 00:26:37,720 Speaker 3: but I do business with one at least, And I 525 00:26:37,760 --> 00:26:39,080 Speaker 3: was I'm looking at the other ones. I'm like, I 526 00:26:39,119 --> 00:26:41,280 Speaker 3: don't even know these. I don't even know these, So 527 00:26:41,359 --> 00:26:42,240 Speaker 3: you want to run down field? 528 00:26:42,320 --> 00:26:45,240 Speaker 2: Yeah, I got four that I people might know. Citizens 529 00:26:45,840 --> 00:26:50,080 Speaker 2: with their symbol is c z b ES. 530 00:26:50,400 --> 00:26:53,560 Speaker 3: That's what I actually have my mortgage through. So not 531 00:26:53,720 --> 00:26:55,840 Speaker 3: that I'm invested in it, but we do business together. 532 00:26:55,920 --> 00:26:57,440 Speaker 2: Yeah. Citizens is a black owned bank. 533 00:26:57,560 --> 00:26:57,760 Speaker 3: Yeah. 534 00:26:58,160 --> 00:27:04,159 Speaker 2: For one, like the number one, and that is formally 535 00:27:04,440 --> 00:27:07,480 Speaker 2: used to be Urban one, which is a radio No, 536 00:27:07,880 --> 00:27:10,040 Speaker 2: it's Urban one. For to one is Urban one and 537 00:27:10,119 --> 00:27:13,080 Speaker 2: it used to be Radio one. It's a radio syndicate 538 00:27:13,440 --> 00:27:19,359 Speaker 2: No r LJ, which is a lodging lodging company owned 539 00:27:19,400 --> 00:27:23,520 Speaker 2: by Robert Johnson, former owner of BT, former owner of 540 00:27:23,560 --> 00:27:24,240 Speaker 2: the Bobcats. 541 00:27:26,000 --> 00:27:29,680 Speaker 3: First billionaires, black billionaire, Yeah, I think so. 542 00:27:32,119 --> 00:27:35,359 Speaker 2: And then Carver Bank another black owned thing. There's a 543 00:27:35,400 --> 00:27:37,680 Speaker 2: few black owned banks, Yeah, Carver Bank. 544 00:27:37,520 --> 00:27:41,000 Speaker 3: Which is encouraging that they have. We have black owned 545 00:27:41,000 --> 00:27:42,800 Speaker 3: banks that are being publicly traded. 546 00:27:42,840 --> 00:27:45,520 Speaker 2: That's important. You want to list a few others. 547 00:27:45,240 --> 00:27:47,480 Speaker 3: Well, we have the same one so. 548 00:27:47,600 --> 00:27:50,399 Speaker 2: But so yeah, so but the so. Not only is 549 00:27:50,440 --> 00:27:54,119 Speaker 2: this discouraging as there's only twelve, even more so discouraging 550 00:27:54,160 --> 00:27:55,720 Speaker 2: than that. It's like you look at these charts, looked 551 00:27:55,720 --> 00:27:58,040 Speaker 2: at all of their charts. None of them have good charts, 552 00:27:58,280 --> 00:28:01,879 Speaker 2: none of them. None of them you look at Ian's 553 00:28:01,920 --> 00:28:04,240 Speaker 2: technical analysis would be buyas as far as if you 554 00:28:04,280 --> 00:28:07,720 Speaker 2: want to make money, they've all been. They haven't. They don't. 555 00:28:07,760 --> 00:28:09,600 Speaker 2: They're not doing well. As far as on the stock, 556 00:28:09,680 --> 00:28:12,239 Speaker 2: the stock has not done well for five years. Are 557 00:28:12,280 --> 00:28:13,800 Speaker 2: looking at a five year chart and it's not good. 558 00:28:14,600 --> 00:28:16,720 Speaker 3: And it's going to be tough to find that a 559 00:28:16,720 --> 00:28:18,879 Speaker 3: lot of these companies have a ten year chart or 560 00:28:18,920 --> 00:28:20,880 Speaker 3: a twentieth even sometimes it goes back to the history 561 00:28:20,960 --> 00:28:24,639 Speaker 3: thirty year chart. A lot of these companies that doesn't exist. 562 00:28:25,440 --> 00:28:26,200 Speaker 3: It just doesn't exist. 563 00:28:26,320 --> 00:28:27,560 Speaker 2: Yeah, I don't even know what to say about that. 564 00:28:27,560 --> 00:28:30,479 Speaker 2: That's just that's something just to like as far as 565 00:28:30,520 --> 00:28:31,919 Speaker 2: working forward to something. 566 00:28:32,040 --> 00:28:33,399 Speaker 3: But that's I mean, a lot of that has to 567 00:28:33,400 --> 00:28:35,320 Speaker 3: do with a lot of systematic things that were put 568 00:28:35,400 --> 00:28:37,360 Speaker 3: in place so that it couldn't exist. We won't want 569 00:28:37,359 --> 00:28:40,120 Speaker 3: to ignore that fact, right, So having our own private 570 00:28:40,120 --> 00:28:43,400 Speaker 3: own company, or even having a black owned bank systematically 571 00:28:43,440 --> 00:28:46,160 Speaker 3: in America for years, that wasn't even a possibility. So 572 00:28:46,320 --> 00:28:48,280 Speaker 3: there are reasons why we don't have a long history 573 00:28:48,280 --> 00:28:50,600 Speaker 3: of it. So let's not ignore that fact. But like 574 00:28:50,640 --> 00:28:52,000 Speaker 3: I said, when we go back to the history of 575 00:28:52,000 --> 00:28:53,560 Speaker 3: some of these companies that we look at, we do 576 00:28:53,600 --> 00:28:55,000 Speaker 3: look at the ten year chart, we do look at 577 00:28:55,040 --> 00:28:57,280 Speaker 3: twenty year or the history of the company's chart, and 578 00:28:57,360 --> 00:28:59,600 Speaker 3: that's just not available right now for these companies. 579 00:29:00,160 --> 00:29:03,240 Speaker 2: Yeah, so you know that's some information if you're interested 580 00:29:03,800 --> 00:29:09,160 Speaker 2: in socially responsive funds, religious funds, black owned companies, you know, 581 00:29:09,320 --> 00:29:11,840 Speaker 2: just a different different take on investing. Because we talked 582 00:29:11,840 --> 00:29:13,520 Speaker 2: about investing a lot, so we just want to just 583 00:29:13,560 --> 00:29:16,680 Speaker 2: give people a different a different take on it, and 584 00:29:16,720 --> 00:29:18,560 Speaker 2: you can kind of do whatever you want with the information, 585 00:29:18,640 --> 00:29:21,720 Speaker 2: but you know, hopefully that that that shines some light 586 00:29:22,280 --> 00:29:24,640 Speaker 2: good and bad, good and bad, because everything's not going 587 00:29:24,720 --> 00:29:27,200 Speaker 2: to be a good story sometimes, you know, it's just 588 00:29:27,240 --> 00:29:29,360 Speaker 2: the news is just that we have to just report 589 00:29:29,360 --> 00:29:33,280 Speaker 2: what it is. And it's not always it's not always encouraging, 590 00:29:33,320 --> 00:29:37,560 Speaker 2: but sometimes you need stuff that's not encouraging to encourage you. 591 00:29:38,320 --> 00:29:40,720 Speaker 2: So hopefully some of the information, especially with the black 592 00:29:40,760 --> 00:29:46,040 Speaker 2: owned publicly traded company, hopefully somebody listening to this and 593 00:29:46,040 --> 00:29:48,160 Speaker 2: make it a goal and have it and have their 594 00:29:48,240 --> 00:29:51,600 Speaker 2: company be the stock that everybody wants to invest in, 595 00:29:51,680 --> 00:29:54,480 Speaker 2: not just a token company that's on the stock exchanged 596 00:29:54,560 --> 00:29:57,560 Speaker 2: that nobody's invested in, that is just going nowhere. We 597 00:29:57,920 --> 00:30:00,400 Speaker 2: not only my goal is to have a publicly trade company. 598 00:30:00,400 --> 00:30:03,120 Speaker 2: My goal is to be bigger than Amazon, bigger and 599 00:30:03,160 --> 00:30:04,280 Speaker 2: Apple biggin in Google. 600 00:30:04,360 --> 00:30:06,520 Speaker 3: Hey, we need that type aspiration in our community. Why 601 00:30:06,520 --> 00:30:07,240 Speaker 3: we need it? Why not? 602 00:30:07,360 --> 00:30:08,120 Speaker 2: Somebody gotta do it? 603 00:30:08,320 --> 00:30:10,720 Speaker 3: Yeah, we make these We make a lot of those 604 00:30:10,720 --> 00:30:12,920 Speaker 3: companies what they are, so we can make our own. 605 00:30:13,120 --> 00:30:13,680 Speaker 2: That's a fact. 606 00:30:16,120 --> 00:30:19,800 Speaker 4: An illegal alien from Guatemala charged with raping a child 607 00:30:19,840 --> 00:30:23,640 Speaker 4: in Massachusetts. An MS thirteen gang member from Al Salvador 608 00:30:23,880 --> 00:30:28,000 Speaker 4: accused of murdering a Texas man of Venezuelan charged with 609 00:30:28,080 --> 00:30:31,960 Speaker 4: filming and selling child pornography in Michigan. These are just 610 00:30:32,080 --> 00:30:35,840 Speaker 4: some of the heinous migrant criminals caught because of President 611 00:30:35,840 --> 00:30:39,400 Speaker 4: Donald J. Trump's leadership. I'm Christy Noman, the United States 612 00:30:39,440 --> 00:30:44,200 Speaker 4: Secretary of Homeland Security. Under President Trump, attempted illegal border 613 00:30:44,280 --> 00:30:47,840 Speaker 4: crossings are at the lowest levels ever recorded, and over 614 00:30:47,880 --> 00:30:51,120 Speaker 4: one hundred thousand illegal aliens have been arrested. If you 615 00:30:51,200 --> 00:30:55,040 Speaker 4: are here illegally, your next you will be fine nearly 616 00:30:55,120 --> 00:30:59,160 Speaker 4: one thousand dollars a day, imprisoned and deported, you will 617 00:30:59,200 --> 00:31:02,840 Speaker 4: never return. But if you register using our CBP home 618 00:31:02,880 --> 00:31:06,240 Speaker 4: app and leave now, you could be allowed to return legally. 619 00:31:06,600 --> 00:31:11,320 Speaker 4: Do what's right. Leave now. Under President Trump, America's laws, 620 00:31:11,520 --> 00:31:13,960 Speaker 4: border and families will be protected. 621 00:31:14,040 --> 00:31:16,200 Speaker 3: Sponsored by the United States Department of Homeland Security,