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Hey, before I tell you what I'm personally 0:01:11.800 --> 0:01:14.360 invested in, I want to just give them my philosophy 0:01:14.400 --> 0:01:16.720 on it. If you study boxing, you know the number 0:01:16.720 --> 0:01:20.039 one rule of boxing is to protect yourself at all times. 0:01:20.080 --> 0:01:22.480 And one thing that you know, Connor McGregor said, when 0:01:22.480 --> 0:01:25.120 he thought Floyd Mayweather was at the end of the fight, 0:01:26.120 --> 0:01:28.640 he said that, you know, Floyd wasn't really that strong. 0:01:29.600 --> 0:01:31.480 You know, Floyd's not a power puncher. He's not really 0:01:31.480 --> 0:01:32.560 that strong. He said. 0:01:32.600 --> 0:01:35.080 Floyd wasn't really that fast. He's older, so he lost 0:01:35.319 --> 0:01:39.759 he lost some speed, he said, but he's composed. That 0:01:39.840 --> 0:01:41.360 was the I don't think a lot of people really 0:01:41.400 --> 0:01:46.800 fully appreciated that comment. Composure is more than anything. Composure 0:01:46.880 --> 0:01:49.680 actually can beat speed, power, all of that. He's he said, 0:01:49.720 --> 0:01:52.760 he's composed. So I say that to say my number 0:01:52.960 --> 0:01:55.080 two rules of investing is to protect yourself at all 0:01:55.120 --> 0:01:57.560 times and stay composed. And I learned from people that 0:01:57.680 --> 0:02:00.680 have a lot more money than me. Mark Cuban, you know, 0:02:00.720 --> 0:02:02.920 when he spoke to us and he told us that 0:02:02.960 --> 0:02:05.200 you have to protect Once you have money, you have 0:02:05.240 --> 0:02:09.160 to protect it and humble when he said, uh, you 0:02:09.200 --> 0:02:12.400 only have to get rich ones. Yeah, So I'm a 0:02:12.480 --> 0:02:14.640 I'm a defensive investor. I've been a bear in my 0:02:14.680 --> 0:02:17.400 whole life, not just in investing. I'm just a bear period. 0:02:17.520 --> 0:02:21.240 I'm always a pestimist and everything. That's just how you know, 0:02:21.400 --> 0:02:24.800 my brain works. So I'm only really have like five 0:02:24.840 --> 0:02:29.160 stocks on my on my watch list right now, Apple, XLK, 0:02:29.520 --> 0:02:31.960 xl Y, Microsoft, QQQ. 0:02:31.720 --> 0:02:34.120 SPY vt I. I guess that's actually six. 0:02:35.120 --> 0:02:38.440 So how I looked at it was like Apples one 0:02:38.480 --> 0:02:40.960 eighty two was the high was one eighty two. They 0:02:41.000 --> 0:02:43.240 won fifty nine around that time, so it's like twelve 0:02:43.240 --> 0:02:46.920 percent off. I personally think that Apple, that's I'm not 0:02:46.960 --> 0:02:49.160 comfortable buying right now. For Apple, I think it can 0:02:49.200 --> 0:02:52.400 probably get lower in like the one forty ranges. So 0:02:52.560 --> 0:02:57.639 I waited on that. XLK fifteen percent off of is high. 0:02:57.680 --> 0:02:59.919 It's not a It wasn't a bad buying, I don't think. 0:03:00.000 --> 0:03:02.880 But I'm already kind of heavily weighted in tech, so 0:03:03.040 --> 0:03:05.960 I didn't jump on that. Xli is interesting. I wanted 0:03:06.000 --> 0:03:08.240 to up my position at xly for a long time. 0:03:08.680 --> 0:03:10.640 Xly we talked about that. The reason why I like 0:03:10.800 --> 0:03:12.960 Xli is that it does have tech exposure in it, 0:03:12.960 --> 0:03:15.320 but it also has it has other companies that's not 0:03:15.440 --> 0:03:20.560 just technology companies. It has Starbucks, it has loads, it 0:03:20.600 --> 0:03:23.320 has home Depot, and so you know, when I saw 0:03:23.360 --> 0:03:26.480 it at eighteen percent off of its all time high, 0:03:26.480 --> 0:03:28.119 I thought that was a good time to actually add 0:03:28.160 --> 0:03:31.960 some money in Microsoft, a company that I wanted to 0:03:32.200 --> 0:03:34.640 actually add. I wanted to have an add on my 0:03:34.680 --> 0:03:36.840 position for Microsoft for long, so I've been waiting. I've 0:03:36.880 --> 0:03:39.240 been waiting for Microsoft for a very long period of time. 0:03:39.600 --> 0:03:42.160 When you see a company like Microsoft almost down twenty 0:03:42.200 --> 0:03:45.280 percent from its all time high in the two eighty range, 0:03:45.320 --> 0:03:47.040 I think you have to start to put some money 0:03:47.040 --> 0:03:47.680 in now. 0:03:48.880 --> 0:03:49.720 Like Choy said, don't. 0:03:49.560 --> 0:03:51.560 Necessarily have to load the whole boat, but you know, 0:03:51.640 --> 0:03:54.720 I definitely put some money. It's not something that you know, 0:03:54.840 --> 0:03:57.440 if it goes lower, I'm not going to be mad 0:03:57.480 --> 0:03:59.000 at it. Like you know, when you look at something 0:03:59.040 --> 0:04:01.960 almost sixty dollars off of it's all time high, a 0:04:02.000 --> 0:04:05.280 company like Microsoft, it's an opportunity to start adding to 0:04:05.320 --> 0:04:09.160 your position. So I added to Microsoft. Checkq is is 0:04:09.280 --> 0:04:11.480 another one that you know I have a strong position in. 0:04:12.200 --> 0:04:14.360 But I just didn't feel comforable putting money in QQQ 0:04:14.520 --> 0:04:16.160 right now, because you know, I already have a lot 0:04:16.160 --> 0:04:19.000 of tech. I just kind of went over that SPY 0:04:19.160 --> 0:04:22.200 and VT I. I've been putting money in those and 0:04:22.240 --> 0:04:23.920 that's for diversification standpoint. 0:04:24.040 --> 0:04:25.599 That's more of a safe bet. You really can't go 0:04:25.640 --> 0:04:26.240 wrong with that. 0:04:26.640 --> 0:04:28.400 It's not really a time for me to put money 0:04:28.400 --> 0:04:30.800 into option contracts right now because I feel how I 0:04:30.839 --> 0:04:32.359 look at with the options is that I have a 0:04:32.360 --> 0:04:35.119 substantial amount of money and options right now. If things 0:04:35.160 --> 0:04:38.080 go right, I'll make a lot of money. If things 0:04:38.120 --> 0:04:42.560 go wrong, I won't. It won't like kill you, it 0:04:42.640 --> 0:04:46.839 won't kill me. But it's not It can't be greedy. 0:04:47.120 --> 0:04:52.120 Can't be greedy. So if it if it bottoms out 0:04:52.160 --> 0:04:54.480 and it goes lower and it gets a position where 0:04:54.520 --> 0:04:57.440 I feel like, you know, it's a no brainer. If 0:04:57.480 --> 0:05:00.200 Apple goes to like one forty, then you know, I 0:05:00.279 --> 0:05:02.640 might look at some long term option calls close to 0:05:02.680 --> 0:05:05.640 the money, close to the money long term. Once again, 0:05:05.880 --> 0:05:09.360 me personally, and I can only speak about my personal 0:05:09.400 --> 0:05:11.919 philosophy and where I'm at in life. If I was 0:05:11.960 --> 0:05:14.200 younger and I needed I needed to make a lot 0:05:14.240 --> 0:05:16.760 more money on investments, I might take more risks, but 0:05:16.839 --> 0:05:19.520 I don't necessarily need that right now. And preservation of 0:05:19.600 --> 0:05:22.039 capital is extremely important to me. So this is my 0:05:22.600 --> 0:05:24.560 this is my thought process. Like, if I can get 0:05:24.600 --> 0:05:27.279 sixty seventy one hundred percent, I'm okay with that. Don't 0:05:27.279 --> 0:05:29.880 necessarily need to get a thousand percent because you start 0:05:29.880 --> 0:05:32.640 to look at the risk reward ratio show and once 0:05:32.640 --> 0:05:34.720 you start to understand how money works, if I can 0:05:34.800 --> 0:05:39.360 turn over, you know, one hundred percent on an on 0:05:39.480 --> 0:05:42.800 going basis, you know that that's a lot of money 0:05:42.839 --> 0:05:46.479 down the line. So that's why the options I'm not 0:05:46.760 --> 0:05:49.279 I'm not really rushing into option contracts right now. But 0:05:49.320 --> 0:05:52.040 like I said, if keep some money on the sidelines, 0:05:52.400 --> 0:05:56.080 if there's an opportunity that you know, I just can't miss, 0:05:56.640 --> 0:05:59.440 then I'm gonna go full full fledged with a couple. 0:05:59.480 --> 0:06:02.039 But I'm only looking at those. And then one other 0:06:02.040 --> 0:06:04.360 thing before I finished. The reason why I'm only looking 0:06:04.400 --> 0:06:09.440 at those that I just named is once again, safety first. Yes, 0:06:10.560 --> 0:06:13.800 Zoom is down sixty three percent, almost that fifty two 0:06:13.800 --> 0:06:17.080 week low. Touch it, but let me let me just finish. 0:06:17.200 --> 0:06:19.960 So people might get tempted with that, people might get 0:06:20.000 --> 0:06:22.960 tempted with Netflix. People might Yeah, you could always potentially 0:06:23.000 --> 0:06:26.640 make more money on a more riskier play, but once again, 0:06:26.680 --> 0:06:29.080 it's the risk for ward ratio I liked. 0:06:29.480 --> 0:06:30.280 I'd rather go. 0:06:30.240 --> 0:06:32.680 With something that I'm not going to lose money on, 0:06:32.839 --> 0:06:35.480 Like the number one rule to invest in is don't lose. 0:06:35.960 --> 0:06:42.120 So everybody's risk appetite is different. But I'm not in 0:06:42.120 --> 0:06:45.640 investing to lose money. I'm in investing to actually make money, 0:06:45.720 --> 0:06:49.920 preserve the money that I've already made. So my risk 0:06:49.960 --> 0:06:52.279 for ward ratio in my brain is to say, Okay, 0:06:52.400 --> 0:06:55.080 zoom could potentially if it just goes up crazy, I 0:06:55.080 --> 0:06:57.599 can make a lot of money, but it's also a 0:06:57.720 --> 0:07:00.960 very high risk situation right now. Would rather go with 0:07:01.080 --> 0:07:05.480 something that I know is gonna you know stand that's 0:07:05.520 --> 0:07:07.920 the time. And it's just like sports, when you get down, 0:07:07.920 --> 0:07:09.920 you go with your start players, Like I played basketball 0:07:09.960 --> 0:07:12.000 my whole time life. When you're down by twenty, you 0:07:12.000 --> 0:07:14.600 don't put the seventh man off the bench in the 0:07:14.640 --> 0:07:18.520 game you recover, you put the star players in. You 0:07:18.600 --> 0:07:20.920 gotta go with your care when when you're down, you 0:07:20.960 --> 0:07:25.400 go with your You go with your core players that 0:07:25.600 --> 0:07:28.320 have been there, that's proven, that's going to get you 0:07:28.360 --> 0:07:32.800 to the victory. You don't bench Tom Brady in overtime or. 0:07:33.200 --> 0:07:36.280 Cut Antonio Brown when they need when you need. 0:07:36.160 --> 0:07:36.840 A slot receiver. 0:07:37.080 --> 0:07:40.440 So that's that's that's my that's my personal playbook. That's 0:07:40.440 --> 0:07:41.960 some of the moves that I made today. 0:07:42.000 --> 0:07:47.080 I feel compelled because I was busy. I feel I'll 0:07:47.080 --> 0:07:50.320 share a few then let's let's do that. So like 0:07:50.400 --> 0:07:56.640 you again, obviously we have some similar investments. But over 0:07:56.640 --> 0:07:59.120 the past, I say, in the past three weeks or so, 0:07:59.280 --> 0:08:03.440 obviously wouldn't and astec having a correction. I've decided to 0:08:03.480 --> 0:08:06.320 go more into having shares, and so I know one 0:08:06.320 --> 0:08:07.800 of the things I've been saying on Market money is 0:08:07.840 --> 0:08:09.840 for the past two years is that we want to 0:08:09.840 --> 0:08:11.520 start our own club. We want to make it like 0:08:11.560 --> 0:08:14.360 the forty forty of investment. And so I said, let's 0:08:14.360 --> 0:08:16.400 do a thousand shares and one hundred doors. And so 0:08:16.680 --> 0:08:19.680 I hope everybody's been still doing that. I got to 0:08:19.720 --> 0:08:20.720 my thousand shares. 0:08:20.480 --> 0:08:23.440 Of app welcome to the club. Yeah, so I got 0:08:23.440 --> 0:08:26.120 a nuge of Derek clap it up for Troy. Appreciate that, Troy. 0:08:26.920 --> 0:08:28.640 Shout out to Taylor Man. 0:08:28.920 --> 0:08:30.960 We had a great conversation a young man from our 0:08:30.960 --> 0:08:34.200 neighborhood and he's really diving in it into investment and 0:08:34.200 --> 0:08:36.040 we had this whole conversation about Apple when it got 0:08:36.080 --> 0:08:39.600 up to one eighty three. And this episode is brought 0:08:39.600 --> 0:08:41.520 to you by P and C Bank. A lot of 0:08:41.520 --> 0:08:45.120 people think podcasts about work are boring, and sure they 0:08:45.200 --> 0:08:49.040 definitely can be, but understanding of professionals routine shows us 0:08:49.080 --> 0:08:53.600 how they achieve their success little by little, day after day. 0:08:53.679 --> 0:08:56.200 It's like banking with P and C Bank. 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Those games sent the team's energy through 0:10:38.280 --> 0:10:38.600 the roof. 0:10:38.679 --> 0:10:40.640 Are you saying it was the off field play that 0:10:40.720 --> 0:10:42.119 made the difference on the field. 0:10:41.920 --> 0:10:44.640 Hey, little play makes your day, and today it made 0:10:44.679 --> 0:10:46.480 the game that's off of now. 0:10:46.559 --> 0:10:49.360 Coach, one more question play the new Los Angeles Chargers 0:10:49.440 --> 0:10:52.400 San Francisco forty nine ers and Los Angeles Rams scratchers 0:10:52.440 --> 0:10:55.440 from the California Lottery. A little play can make your day. 0:10:56.080 --> 0:10:58.040 Peace may responsibily must be eighteen years or older to 0:10:58.040 --> 0:10:58.840 purchase plate or claim. 0:10:58.880 --> 0:11:01.120 So I'm just wait. I send the text message. I said, 0:11:01.120 --> 0:11:01.760 it's gonna pull back. 0:11:01.840 --> 0:11:03.520 Let's look at it in that one fifty to one 0:11:03.559 --> 0:11:05.800 fifty five range, just based on the percentage I was 0:11:05.800 --> 0:11:07.400 looking at. And it hit one fifty five and I 0:11:07.440 --> 0:11:09.280 sent them the text message right on time. And so 0:11:09.360 --> 0:11:11.200 I grabbed some shares at Apple today that got me 0:11:11.280 --> 0:11:14.160 to my thousand Microsoft Like I said, Uh, And it's 0:11:14.160 --> 0:11:17.480 crazy because we were Lawrence was on the chat today 0:11:17.520 --> 0:11:20.400 with the earnest and as he's talking about Microsoft, I'm 0:11:20.400 --> 0:11:22.760 actually persting, and we looked at the same exact thing, 0:11:23.200 --> 0:11:25.400 and we had put it in the two hundred EMA 0:11:26.360 --> 0:11:29.280 and we looked at how often does Microsoft trade below 0:11:29.400 --> 0:11:30.280 is two hundred EMA? 0:11:31.040 --> 0:11:31.160 Right? 0:11:31.200 --> 0:11:33.320 The last time I did it was exactly, you know. 0:11:34.600 --> 0:11:36.000 And so when you look at it, if you look 0:11:36.000 --> 0:11:36.920 at it's two hundred. 0:11:36.720 --> 0:11:40.080 Move but it's ten thousand people on YouTube shots, everybody shout. 0:11:41.360 --> 0:11:42.800 Somebody might not know what the EMA is. 0:11:42.880 --> 0:11:45.240 What's so it's estimate moving average, so over the two 0:11:45.320 --> 0:11:50.320 hundred days span, especially so the last time it was 0:11:50.400 --> 0:11:53.840 March twenty third, twenty twenties. This is right in the 0:11:54.000 --> 0:11:57.160 right during the pandemic, like the height of everything shutting down. 0:11:57.760 --> 0:11:59.040 And so that was the last time I did it. 0:11:59.040 --> 0:12:00.880 And it finally did it like on Friday, and I 0:12:00.920 --> 0:12:02.400 was like, all right, well, maybe it still has some 0:12:02.440 --> 0:12:03.840 moves to move down, and it actually did. 0:12:03.880 --> 0:12:05.199 It got down to two seventy seven. 0:12:06.240 --> 0:12:07.960 And so once I did two seventy seven, I was like, 0:12:08.000 --> 0:12:09.400 oh yeah, gotta grab some share. 0:12:09.480 --> 0:12:12.680 So I grabbed some shares at that number. 0:12:12.720 --> 0:12:15.160 I hit a few shares, and look where it closed today, 0:12:15.240 --> 0:12:17.240 right at his two hundred, right at two ninety six. 0:12:17.240 --> 0:12:18.960 So right, it got right back up to his two 0:12:19.040 --> 0:12:22.439 hundred day moving average. So that was a great play. Facebook. 0:12:22.559 --> 0:12:25.000 Another one that you know already have some option calls 0:12:25.040 --> 0:12:27.320 on it for out to twenty twenty four, like long 0:12:27.400 --> 0:12:30.640 term leaps. But I saw the stock the equity, I'm like, look, 0:12:31.840 --> 0:12:33.120 I wanted under three hundred. 0:12:33.160 --> 0:12:35.480 It got down to two ninety. No brainer. 0:12:35.559 --> 0:12:37.320 If I loved it at three hundred, I have to 0:12:37.360 --> 0:12:40.080 love it at two ninety. And so I grabbed some 0:12:40.120 --> 0:12:44.160 shares there and in video, oh mine video, I had 0:12:44.520 --> 0:12:47.600 my price point under two nineteen and to see it 0:12:47.640 --> 0:12:49.559 go down to two eleven again. If I loved it 0:12:49.600 --> 0:12:52.079 at two nineteen, of course I have to love it 0:12:52.120 --> 0:12:54.880 at two eleven. So I grabbed some shares there. I 0:12:54.960 --> 0:13:01.040 actually uh invested in uh was it VT? I think 0:13:01.040 --> 0:13:03.360 I got some vt I shares I added to the 0:13:03.400 --> 0:13:05.920 custodia account for the kids. And so this is what 0:13:05.920 --> 0:13:08.360 I'm saying. When people are very fearful, like they looked 0:13:08.360 --> 0:13:10.680 at the fair and Greed Index, right that was remember 0:13:10.720 --> 0:13:12.520 those that was one of those early episodes, and we 0:13:12.520 --> 0:13:14.680 were like, look at the fair and Greed Index. It'll 0:13:14.720 --> 0:13:16.839 tell you what the market is thinking. The fair and 0:13:16.880 --> 0:13:20.560 Greed index is at thirteen right now. Everybody's fearful. And 0:13:20.600 --> 0:13:22.920 we told you when people are fearful, that's when we 0:13:22.920 --> 0:13:25.000 see opportunities. And so these are some of the opportunities 0:13:25.040 --> 0:13:28.559 that I saw today and decided to act upon. I'm 0:13:28.559 --> 0:13:31.040 sure there'll be someone tomorrow, but you gotta you gotta 0:13:31.080 --> 0:13:33.720 be active. You gotta know like this is a this 0:13:33.800 --> 0:13:35.560 is a time, right. If you loved it at one number, 0:13:35.640 --> 0:13:36.880 you got to love it at the next one. 0:13:37.400 --> 0:13:39.680 I want to stress this really quick. Please write this 0:13:39.760 --> 0:13:44.640 down because this is a scholarship. Vo A vt I, Apple, Microsoft. 0:13:45.440 --> 0:13:47.880 If you choose to dbate, the losses will be a 0:13:47.920 --> 0:13:49.800 lot heavier. So I know some of you got but 0:13:49.920 --> 0:13:53.560 vo A vtr Apple Microsoft. And one of the reasons 0:13:53.559 --> 0:13:57.360 I love Apple. If you go look at the top 0:13:57.400 --> 0:14:03.040 apps Zoom TikTok, Disney Plus, you you Instagram, Facebook, Snap, Messenger, Gmail, 0:14:03.120 --> 0:14:06.319 cash App, Amazon, Netflix, Google, Maps, Door that they get 0:14:06.320 --> 0:14:11.280 a percentage of all those businesses. Why are you not 0:14:11.320 --> 0:14:14.679 invested in them? So you stick with the plan because 0:14:14.760 --> 0:14:17.520 all the money going back to the marketing point consistency. 0:14:18.040 --> 0:14:21.480 If you keep switching out positions, you're going to end 0:14:21.520 --> 0:14:23.040 up in a lot of trouble. For those you looking 0:14:23.080 --> 0:14:25.160 to do option, do not do an optional Apple until 0:14:25.160 --> 0:14:26.280 it gets till one thirty four. 0:14:27.320 --> 0:14:29.880 Yeah, yeah, it has it has to be something. And 0:14:29.960 --> 0:14:31.960 one time I guess one more. 0:14:32.040 --> 0:14:33.680 I had one more, so there was there was one 0:14:33.680 --> 0:14:36.000 more and it didn't I had a limit order on it, 0:14:36.440 --> 0:14:39.680 and that was CrowdStrike because again it had the number 0:14:39.680 --> 0:14:43.280 that I had like exactly, so it had the number 0:14:43.280 --> 0:14:45.400 that I liked, and so I put the limit on. 0:14:45.680 --> 0:14:47.880 But the problem was when I put it in, I 0:14:47.920 --> 0:14:50.160 think it was like at like three fifteen. By the 0:14:50.160 --> 0:14:53.440 time the market had started to turn around, and so 0:14:53.480 --> 0:14:55.480 it started trending back up. And I'm like, oh, all right, 0:14:55.520 --> 0:14:57.560 so that's one that I'll have to look at tomorrow. 0:14:57.640 --> 0:14:58.640 But that's what it is. 0:14:58.640 --> 0:15:01.920 Man, When when need type of situations where it is 0:15:01.960 --> 0:15:05.960 a correction, especially in an astect, even inn SMP itself, Nope, 0:15:06.160 --> 0:15:09.160 get your point, get your target point right, and stick 0:15:09.200 --> 0:15:09.520 with it. 0:15:09.600 --> 0:15:11.120 Well, y y'all did all the work. 0:15:11.160 --> 0:15:12.960 Y'all waited for it to get to a number, and 0:15:12.960 --> 0:15:14.760 then it got to the numbers, Like wait, should I 0:15:14.800 --> 0:15:15.080 do it? 0:15:15.320 --> 0:15:17.760 And one thing I'm shot to jadakids. One thing that 0:15:17.760 --> 0:15:21.240 he said early on is focus what I'm focused on, 0:15:21.280 --> 0:15:23.800 what I'm invested in. And that's something that I always 0:15:23.800 --> 0:15:26.120 remember that line for my whole entire life. I don't 0:15:26.160 --> 0:15:27.880 talk about a lot of stocks because I'm not invested 0:15:27.920 --> 0:15:30.080 in them. I'm not focused in them. I'm focused on 0:15:30.120 --> 0:15:33.760 what I'm invested in. So I never invested in Amazon. 0:15:33.760 --> 0:15:35.240 That's why I don't really talk about Amazon. But I 0:15:35.280 --> 0:15:37.280 want to ask you about Amazon, I don't I never 0:15:37.360 --> 0:15:39.760 invested in Disney, I never invested in a lot of 0:15:39.760 --> 0:15:41.720 these companies. That's why I don't talk about it. You 0:15:41.760 --> 0:15:43.480 don't need a lot of companies to get rich. You 0:15:43.560 --> 0:15:46.680 just need to focus on a few. I focused when 0:15:46.720 --> 0:15:49.840 I'm when I'm invested in. One last thing about these options. 0:15:50.320 --> 0:15:54.720 Once again, everybody's option strategy is different. Just be careful because, 0:15:54.840 --> 0:15:57.360 like I said, I never lost money on a long 0:15:57.480 --> 0:16:02.160 term close I iver lost money on long term in 0:16:02.280 --> 0:16:04.280 the money option or close to the money option. 0:16:05.440 --> 0:16:08.400 Stop gambling, I know I want to chase nine hundred percent. 0:16:08.440 --> 0:16:09.280 Stop gambling. 0:16:09.560 --> 0:16:11.840 You get out of the money, far out of the money. 0:16:12.800 --> 0:16:15.800 You can hurt yourself. And don't get fooled by social media. 0:16:16.320 --> 0:16:19.880 They say the average Black families networth is like twenty 0:16:19.880 --> 0:16:22.760 five hundred dollars something like that. So my thing is this. 0:16:23.200 --> 0:16:26.840 If you're on social media and everybody's a market genius, 0:16:27.040 --> 0:16:30.360 they all of a sudden they posted twenty fifteen they 0:16:30.400 --> 0:16:32.960 make money on puts when the market goes down short 0:16:33.040 --> 0:16:38.360 term options. If everybody's making money, who's poor. If everybody's rich, 0:16:38.400 --> 0:16:38.880 who's poor? 0:16:39.240 --> 0:16:41.360 And here's here's a quick test. Ask them how much 0:16:41.360 --> 0:16:42.800 they have and then literally ask me, hey seen me 0:16:42.840 --> 0:16:44.760 some money? Shout out to everybody in stock club. I 0:16:44.800 --> 0:16:46.760 was supposed to get cash ups to you guys have 0:16:46.760 --> 0:16:48.560 been saying cash ups. If you got them, put your 0:16:48.640 --> 0:16:51.400 in chat asks them to seving some money. That's a 0:16:51.440 --> 0:16:54.400 real test to though. Everyone's talking. If you want to 0:16:54.400 --> 0:16:56.760 steal my entire strategy, go to inanel that reveals the 0:16:56.800 --> 0:16:59.040 hitting the secrets of investing article I did, I think 0:16:59.040 --> 0:17:01.680 in twenty sixteen or seven and rolling out take my 0:17:01.840 --> 0:17:02.280 entire ship. 0:17:03.280 --> 0:17:04.480 Let's see who's really winning? 0:17:04.920 --> 0:17:06.800 Because man, same thing A shoty. 0:17:06.800 --> 0:17:09.320 I was quiet today, Yo, I ain't see that any posts, 0:17:10.359 --> 0:17:12.639 no talk about hedgend where was it at? 0:17:13.040 --> 0:17:14.160 No? But that's how I love though. 0:17:14.200 --> 0:17:17.439 But that's not a lot, but it's it's actually now, 0:17:17.520 --> 0:17:19.399 it's actually out of love. God, I know that's our culture, 0:17:19.440 --> 0:17:21.920 even hip hop. You talk about you talk about things 0:17:21.960 --> 0:17:24.679 before you have it. That's always been part of our culture, 0:17:24.760 --> 0:17:27.320 like to speak things into existence. I respect that on 0:17:27.359 --> 0:17:30.000 a certain level with it, sometimes not in lion of Yeah, 0:17:30.000 --> 0:17:31.080 sometimes you gotta tell the truth. 0:17:31.200 --> 0:17:32.639 Just sometimes you gotta tell the truth. 0:17:32.920 --> 0:17:36.760 And like I said, if everybody's making money, who's losing money? 0:17:37.040 --> 0:17:37.639 Who listens? 0:17:39.560 --> 0:17:42.160 My dad's been doing construction probably since ninety one, if 0:17:42.200 --> 0:17:44.280 I wanted to, I can call him and take every 0:17:44.320 --> 0:17:46.120 tip from him and put it on social I never 0:17:46.160 --> 0:17:48.120 do it because those of you that actually do construction, 0:17:48.359 --> 0:17:50.280 when I say two by four instead of four by four, 0:17:50.280 --> 0:17:53.760 you're gonna be like he is a fucking fraud. Stay 0:17:53.840 --> 0:17:58.119 in your lane, master your craft. Then all the riches 0:17:58.160 --> 0:18:00.320 are there because which I don't want you to do. 0:18:00.600 --> 0:18:04.080 That's what happened with Elizabeth Thairknos and other people who 0:18:04.080 --> 0:18:07.280 have destroyed their brand. You can jump out there too early, 0:18:08.000 --> 0:18:11.600 and once a flux of people don't trust you, no 0:18:11.640 --> 0:18:14.960 matter what business you go in, they'll never do to 0:18:14.960 --> 0:18:15.640 business you again. 0:18:17.800 --> 0:18:21.960 My graduates from my school being forced bad drop. 0:18:22.359 --> 0:18:26.159 Bag drop Mike, drop back, drop drops. 0:18:37.840 --> 0:18:40.560 Coach, the energy out there felt different. What changed for 0:18:40.600 --> 0:18:41.240 the team today? 0:18:41.320 --> 0:18:43.440 It was the new game day scratches from the California 0:18:43.520 --> 0:18:46.879 Lottery players, everything. Those games sent the team's energy through 0:18:46.920 --> 0:18:47.240 the roof. 0:18:47.320 --> 0:18:49.320 Are you saying it was the off field play that 0:18:49.359 --> 0:18:50.680 made the difference on the field. 0:18:50.560 --> 0:18:53.280