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Speaker 1: This episode is brought to you by P and C Bank.

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Speaker 1: A lot of people think podcasts about work are boring,

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Speaker 1: what helps you live or more happily fulfilled life. P

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Speaker 1: National Association Member FDIC.

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Speaker 2: Erness What's Up?

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Speaker 1: You ever walk into a small business and everything just

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Speaker 1: works like the checkout is fast, the receipts are digital,

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Speaker 1: tipping is a breeze, and you're out the door before

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Speaker 1: the line even builds. Odds are they're using Square? We

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Speaker 1: love supporting business that run on Square because it just

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Speaker 1: don't hesitate. Let's Square handle the back end so you

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Speaker 1: can keep pushing your vision forward. So if you want

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Speaker 1: to create a two tech two index version, let's get

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Speaker 1: into this centered around healthcare.

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Speaker 2: Let's get into this. What two would you recommend for

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Speaker 2: this combination? I think this is a great question.

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Speaker 3: But one thing I do want to stress is I

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Speaker 3: want you got to stay focused on what you have

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Speaker 3: a portfolio at the moment, because I think too many

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Speaker 3: people once again take their eyes off the main thing.

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Speaker 3: I would do v o VT. I el l instruct

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Speaker 3: what I've talked about before. I know it's not fun,

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Speaker 3: and this is where men I'm not trying to belabor

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Speaker 3: a point on brother. I think too often times as men,

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Speaker 3: we look for the new exciting thing opposed to the

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Speaker 3: thing that's working.

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Speaker 2: There's a reason we don't have trade thirsts market mondays

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Speaker 2: is working right.

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Speaker 3: Too many people like try and create too much diversity

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Speaker 3: in their portfolio, and you end up telling the thing

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Speaker 3: that's great for something that's good. Where if you just

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Speaker 3: kept pouring money into the thing that's working, you'll be

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Speaker 3: a okay, So a great question if you have currently

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Speaker 3: been investing in TO and that's some change. But if

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Speaker 3: I was focusing on a healthcare version, I would be

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Speaker 3: striker and normally and hold.

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Speaker 2: Forever, striker literally and hold interesting.

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Speaker 1: I chose specific ETFs in healthcare, and so I went

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Speaker 1: with Vanguard as well.

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Speaker 2: Uh, the VHT and Spider.

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Speaker 1: You know, we always talk about XLK and we talked

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Speaker 1: about XLI. Uh, there one is XLV. And I told

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Speaker 1: people in our class, especially if you're not familiar with sectors, right,

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Speaker 1: ETFs and indexes are probably the best way. But inside

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Speaker 1: of those ETFs, you should go look at the holdings

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Speaker 1: and go look at the largest allocations inside those those ETFs,

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Speaker 1: And for XLV, you're gonna I mean for v HD

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Speaker 1: as well, really is usually number one, right, the number

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Speaker 1: two is United health and so we've we've watched that

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Speaker 1: of health take a bathroom obviously with healthcare plans of

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Speaker 1: skyrocket and really no rhym.

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Speaker 2: Or reason for it. So I said, let I knew

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Speaker 2: you would probably go traditional with Strike.

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Speaker 1: I know that's one of your favorite companies, and I

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Speaker 1: think we were both lily and so I threw two

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Speaker 1: wild cards in there in terms of the healthcare space,

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Speaker 1: and one we're probably not going to think healthcare but nah.

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Speaker 1: So CBS is a company that I've spoken about plenty

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Speaker 1: of times, and they kind of have this like soul

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Speaker 1: survivor syndrome. That is interesting when we think about growing

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Speaker 1: up in the past, maybe five to ten years, there

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Speaker 1: was a right eight's yeah, it used to be a

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Speaker 1: Walgreensian neighborhood, good.

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Speaker 2: Luck if you can find it. And CBS is still here,

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Speaker 2: not thousand locations.

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Speaker 1: And they have vertical integration, which is very unique in

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Speaker 1: the sense that they have insurance they bought so they

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Speaker 1: have the insurance right, they have prescription delivery, and they

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Speaker 1: have direct patient care. We have all those things in

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Speaker 1: one whereas United Healthcare doesn't quite have it. They're the

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Speaker 1: largest provider of health insurance. We won't have all three verticals.

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Speaker 1: So when you think about it in that sense, somebody

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Speaker 1: all right. People still look to find out each one

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Speaker 1: of those verticals from different places. Then my wildcard came

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Speaker 1: in and I said, well, who can disrupt them from

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Speaker 1: the retail space and who can also disrupt them from

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Speaker 1: the primary care space? And then I came to this

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Speaker 1: company called Amazon, and I thought, damn not a thousand

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Speaker 1: locations is great until you can have same day delivery

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Speaker 1: straight to your house. Now you've got a billion locations,

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Speaker 1: right because everybody, if you're going to get it delivered,

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Speaker 1: you have to have an address. I'm like, all right, well,

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Speaker 1: that could kick in the door for them from a

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Speaker 1: retail standpoint, But as soon as they have AI agents

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Speaker 1: and that jetic is a big thing for Amazon.

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Speaker 2: And we saw this kind of during COVID when you

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Speaker 2: couldn't go to.

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Speaker 1: The doctor, but you had that telehealth situation where you

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Speaker 1: call and you can give the symptoms and the doctor

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Speaker 1: would call you. As we get further on in this AI,

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Speaker 1: especially with the gent ticket, and we saw industries that

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Speaker 1: will be disrupted law for sure, healthcare is going to

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Speaker 1: be another one.

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Speaker 2: If Amazon has the agentic.

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Speaker 1: AI in the healthcare field with the direct to consumer

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Speaker 1: retail space, I think they become the number two in

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Speaker 1: the healthcare ETF.

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Speaker 2: Funds going forward. Okay, I got a question for this

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Speaker 2: is my first pushback.

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Speaker 3: You ever, how you do it at CBS and Amazon

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Speaker 3: in the same class.

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Speaker 2: No, no, No, CBS is a wildcard. Amazon is not really. Yeah,

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Speaker 2: you know why it's a wildcard.

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Speaker 1: It's because it's one of these sleeper companies that is

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Speaker 1: in your neighborhood.

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Speaker 2: Right.

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Speaker 1: You probably frequent it, but you're not thinking of it

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Speaker 1: as a company that you can invest in. But you

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Speaker 1: you look at it, you're to day it's up forty

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Speaker 1: six even in the midst of all these tariffs.

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Speaker 2: You're to date, it's up forty six percent.

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Speaker 1: Has it come down from its highs of one hundred

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Speaker 1: and eleven I think maybe ten years ago and it

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Speaker 1: hit another one hundred and six.

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Speaker 2: It looks like it's on that upward momentum again. We'll see.

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Speaker 1: But it's just an interesting company when you think of

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Speaker 1: vertical integration inside of healthcare, that makes it very unique.

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Speaker 2: Yeah, but there goes my Amazon again. I know y'are

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Speaker 2: gonna say I'm biased, but there's.

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Speaker 3: The part about the bias and being upset about a pit.

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Speaker 3: There are only certain companies that are generational companies.

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Speaker 2: Apple is that for a long time, and videos having

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Speaker 2: the moment.

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Speaker 3: Microsoft has found a way to put themselves back in

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Speaker 3: the conversation.

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Speaker 2: That's what had a chance ams, honest, one of those ones.

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Speaker 3: Every generation, you may get maybe ten companies or twelve

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Speaker 3: companies that are going to have the twenty or thirty

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Speaker 3: year run and they keep finding what, let's be very out,

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Speaker 3: has found ways to innovate better than Apple. It's just

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Speaker 3: not saying that they don't have a tim cook at

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Speaker 3: the moment, but over the last three or four years,

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Speaker 3: they've done a better job.

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Speaker 2: Sure, and all those companies are still relying on it.

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Speaker 1: And when we talk when we talked about AWS, we

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Speaker 1: could say like he as Google's on his way and you.

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Speaker 2: As Microsoft is in terms of cloud. But they're still

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Speaker 2: a leader.

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Speaker 1: There still a leader, and they have the cat pex

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Speaker 1: to actually spend to innovate. So I know that they're

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Speaker 1: you know, their profit margins aren't as wise as a

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Speaker 1: company like a video.

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Speaker 2: There's a reason for that.

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Speaker 1: They're continuency building, and they're not just doing it in

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Speaker 1: one industry, which makes them so unique and is why

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Speaker 1: they becomes so dominant.

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Speaker 2: And so they enter.

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Speaker 1: This from an AI standpoint with the lead of having cloud,

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Speaker 1: having infrastructure, having their own GPUs. They're going to be

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Speaker 1: doing that for a reason. It's We had this conversation

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Speaker 1: in Virginia. We were talking to a gentleman seventy three

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Speaker 1: years old and he was talking about he Owen's land

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Speaker 1: in Richmond, and he was like, I used to sell

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Speaker 1: lumber for like ten to fifteen years, but you know,

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Speaker 1: it's not that fruitful in a sense where you make

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Speaker 1: maybe six figures, but it takes time to grow the trees.

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Speaker 2: He was like, there's a new thing that we're going

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Speaker 2: to be doing soon. I'm like, what is it.

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Speaker 1: He was like, these companies keep coming and they want

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Speaker 1: to build data centers on my land.

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Speaker 2: And I was like, tell me more, tell me more. Yeah.

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Speaker 1: And as we start speaking and he started sharing his knowledge,

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Speaker 1: he was like, Yo, it's everywhere. It's everywhere, and you

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Speaker 1: can hear it. I mean you can hear the rhetoric

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Speaker 1: saying people are going to slow down, and some of

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Speaker 1: that will be true.

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Speaker 2: But the Mega caps they're in a race to beat

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Speaker 2: each other for sure. Please know that. Please know that.

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Speaker 1: So if you hear Microsoft saying they did something, just

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Speaker 1: know that AMA's not. They're not looking nick for about race,

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Speaker 1: thinking like no, we need to do more.

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Speaker 4: An illegal alien from Guatemala charged with raping a child

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Speaker 4: in Massachusetts. An MS thirteen gang member from El Salvador

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Speaker 4: accused of murdering a Texas man of Venezuelan charged with

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Speaker 4: filming and selling child pornography in Michigan. These are just

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Speaker 4: some of the heinous migrant criminals caught because as a

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Speaker 4: President Donald J. Trump's leadership. I'm Christy nom the United

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Speaker 4: States Secretary of Homeland Security. Under President Trump, attempted illegal

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Speaker 4: border crossings are at the lowest levels ever recorded, and

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Speaker 4: over one hundred thousand illegal aliens have been arrested. If

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Speaker 4: you are here illegally, your next you will be fine

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Speaker 4: nearly one thousand dollars a day, imprisoned and deported, you

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Speaker 4: will never return. But if you register using our CBP

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Speaker 4: home app and leave now, you could be allowed to

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Speaker 4: return legally. Do what's right. Leave now. Under President Trump

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Speaker 4: America's laws, border and families

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Speaker 1: Will be Protected sponsored by the United States Department of

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Speaker 1: Homeland Security,