Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fined nearly
Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now, you could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security.
Speaker 3: It was actually interesting time because we did the article
Speaker 3: with CNBC a couple of weeks ago, but it came
Speaker 3: out a few days after you posted what you posted,
Speaker 3: So you posted something that got a lot of traction
Speaker 3: on social media and then a few days later CNBC
Speaker 3: dropped the article with us. I said that I thought
Speaker 3: that ten million was the number for financial freedom. I
Speaker 3: believe your number was higher than that, so you know,
Speaker 3: it's crazy thing, and I put it on Instagram and
Speaker 3: then the people was like, well, this lacks context. I'm like, well,
Speaker 3: that's the point of reading the article. But you know,
Speaker 3: people don't read, so we will provide some contexts here
Speaker 3: if people are interested. So your what's should three levels
Speaker 3: of wealth situation?
Speaker 4: The video is very simple, like if your between it
Speaker 4: was a scale. So if you in the level of
Speaker 4: one to ten, you were essentially deemed poor. According to
Speaker 4: the lady in the video, if you were at ten
Speaker 4: to twenty you were middle class, and if you were
Speaker 4: twenty one to thirty, you were wealthy. And the thing
Speaker 4: that I took away from the video is that those
Speaker 4: that are in the poor working class, they use their
Speaker 4: labor to generate cash. The system is designed by purpose.
Speaker 4: The middle class uses their ideas to generate money, and
Speaker 4: then the wealthy use derivatives to generate with their wealth
Speaker 4: and they make money off the backs of both. So
Speaker 4: derivatives would be like a crypto exchange, a stockbroker exchange,
Speaker 4: even stocks. If you look at what the formation of
Speaker 4: like owning other parts of a company, you're not doing
Speaker 4: anything really labor intensitive to generate that capital. Yes, you
Speaker 4: have to go through the IPO cycle, but it's just
Speaker 4: different levels. Like when I first came on, I said,
Speaker 4: you need a twenty eight million, and everyone had an uproar.
Speaker 4: But I was talking to people who helped make some
Speaker 4: of these rules for how much people get paid and
Speaker 4: how much is deemed worthy. I keep saying, as soon
Speaker 4: as we got into two row Airbnb, real estate stocks,
Speaker 4: inflation went up and it drove down the value of
Speaker 4: our dollar. So you need a certain amount of money
Speaker 4: to be safe. I know for those of you who
Speaker 4: may hear these numbers, you and black Man I don't
Speaker 4: even have one hundred thousand, yet use it as inspiration.
Speaker 4: That's what we all did. When I was seeing people
Speaker 4: making thirty million a year, Like when each one who
Speaker 4: shot to each one from my hometown when he went
Speaker 4: to the league, I was so excited to see somebody
Speaker 4: from my hometown make that kind of money. And when
Speaker 4: KK went to the Panthers, I was like, yo, if
Speaker 4: somebody from the Harbor can do this. I know I
Speaker 4: can do it. Don't let the numbers dismay you or
Speaker 4: dissuade you from trying to achieve your goals. Use it
Speaker 4: as motivation to get But yeah, I agree, you need
Speaker 4: at least ten million to hit a point of freedom
Speaker 4: if you want to be able to take care of
Speaker 4: the children, your wife, other family members, help be a
Speaker 4: good steward in your community. It takes a lot more
Speaker 4: money than ever I keep. I can't find a used
Speaker 4: car for ten grand right now. I'm actively looking just
Speaker 4: to see how much they've changed the used car market
Speaker 4: in two years.
Speaker 3: Ah.
Speaker 4: I was talking to ister this morning. A Honda Acord
Speaker 4: costs thirty grand used a Honda Accord. What so if
Speaker 4: you go get a C class S class G wag
Speaker 4: like they're driving these costs up to make up for
Speaker 4: what they lost during the pandemic, The game is not
Speaker 4: going to be fair. Inflation is always going to go up,
Speaker 4: and this is why you need more and this is
Speaker 4: why you need to invest in the market so you
Speaker 4: can outpace inflation. So those are the three levels that
Speaker 4: are really key.
Speaker 5: Yeah, and notice that what was happening, And I'm glad
Speaker 5: you brought up the car market because that was you know,
Speaker 5: shopping for cars. It during the pandemic and years after
Speaker 5: the first year after it was there was a shortage, right,
Speaker 5: it was a supply chain thing. We couldn't get the technology,
Speaker 5: we couldn't get the semis and and so you started
Speaker 5: getting cars without power windows, cars without power seeds. Some
Speaker 5: of the functions inside weren't there. And now that's not
Speaker 5: the issue. But now you have rates that aren't going
Speaker 5: down with the their future. And so yeah, businesses are
Speaker 5: going to find ways to make sure that they their
Speaker 5: win is built in at any.
Speaker 4: Call, at all costs, at any like.
Speaker 5: And the person that is going to uh be put
Speaker 5: at sacrifice of it is going to be the customer.
Speaker 5: So when you go into these situations, just know that.
Speaker 2: And if you're building a business, know that there these
Speaker 2: are lessons.
Speaker 5: Right, We're talking about even at a seven fifty, my
Speaker 5: credit was like seven ninety five and the rate it was,
Speaker 5: I mean rate is what it is, it's seven percent,
Speaker 5: it's seven point five. The person that has a six fifty,
Speaker 5: what are they get?
Speaker 2: No problem?
Speaker 5: Right, You're talking about people that are leader of financing
Speaker 5: cars five years.
Speaker 2: So it's gonna.
Speaker 5: I mean, I don't know how many people are into
Speaker 5: refinancing cars. I mean, you can do it, but not
Speaker 5: many people do do it.
Speaker 4: Not many people do it. And I think the highest
Speaker 4: you can charge for cars with sixteen percent, that's insane.
Speaker 3: That's a lot.
Speaker 4: That's that's that's insane. That's it adds up. And then
Speaker 4: she gonna tell you, no, we ain't going to cheese cake.
Speaker 3: Inflation of the date. We gotta talk about now.
Speaker 2: Why is she taking a bad rap though?
Speaker 4: Bro?
Speaker 3: But I want to talk about this ten million thing
Speaker 3: if we can pick out, because you know, a lot
Speaker 3: of people didn't fully understand it. So when we did
Speaker 3: the interview with CNBC and the reporter asked us, what
Speaker 3: do we think the number was for financial freedom? And
Speaker 3: I said that I thought, you know, depending on a
Speaker 3: variety of different factors where you live, but if you
Speaker 3: live in a major urban environment or a suburban environment
Speaker 3: close to an urban environment East coast, West coast scenario,
Speaker 3: you will probably need ten million dollars to have financial freedom.
Speaker 3: And then he responded back and he said, well, do
Speaker 3: you think that this is realistic for most people? And
Speaker 3: I said, no, it's not. But you asked me a question.
Speaker 3: So I'm just going to be honest with the answer
Speaker 3: that I'm giving you right now. The whole point of
Speaker 3: we're big on entrepreneurship, We're big on investing, we're big
Speaker 3: on understanding. So yeah, that average person is not going
Speaker 3: to reach ten million dollars in investable assets, but if
Speaker 3: you're on a pathway to work towards that, you might
Speaker 3: reach a million, you might reach one point five million,
Speaker 3: you might reach nine hundred thousand. Guess what that's better
Speaker 3: at seventy years old than having twenty thousand dollars. You're
Speaker 3: not gonna be able to at the park, yea. Yeah,
Speaker 3: you're not gonna be able to fly private around the world,
Speaker 3: but you're gonna be in a better situation. A lot
Speaker 3: of people never actually did this for a living. I
Speaker 3: actually did this for a living for twelve years, so
Speaker 3: I know what it is to see somebody who's sixty
Speaker 3: eight years old with fifty thousand dollars coming into your
Speaker 3: office asking you what can I do? And you got
Speaker 3: to be the person to tell them nothing, I can't
Speaker 3: do anything. But you never had Most all these people
Speaker 3: on social media that's commenting on this, they never had
Speaker 3: that conversation. Also, these people on social media that are
Speaker 3: saying like, well I only need one million and I'm
Speaker 3: gonna be fine. Well that's great, but the vast majority
Speaker 3: of people have never made one million. Let me tell
Speaker 3: you something. One million dollars is a scary This is
Speaker 3: a scary number. From one to three million is actually
Speaker 3: extremely scary because when you below a million, you don't
Speaker 3: really care. It's like you just hustling and you don't
Speaker 3: really have nothing to lose. But when you get to
Speaker 3: a million dollars, you realize that you're a technically quote
Speaker 3: unquote rich, especially where we come from, but you're a
Speaker 3: few steps away from being broke, and it's broke. No,
Speaker 3: it's actually extremely scary, and you end up losing sleep
Speaker 3: about it because it's like nobody wants to be the
Speaker 3: person that is seen as a failure, somebody that lost everything.
Speaker 3: So now you're you're kind of walking on eggshells because
Speaker 3: you know that that's not enough, right, But you're a millionaire,
Speaker 3: so you already beat the odds, but you'll never experience
Speaker 3: that until you actually experience it. This is when we
Speaker 3: talked to Mark Cuban. Mark Cuban told us, like, no
Speaker 3: a million dollars. I'll be scared. If if I was,
Speaker 3: I'd be scared. What about what ross?
Speaker 4: What number did raw say?
Speaker 3: If he had it?
Speaker 2: He would be terrible?
Speaker 3: Ten? He said, ten, he said. At least you say.
Speaker 4: So.
Speaker 3: I just want to I just want to finish. I
Speaker 3: want to add context to go. I just want to earners.
Speaker 2: What's up?
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Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. MS thirteen gang member from Al Salvador accused
Speaker 1: of murdering a Texas man of Venezuelan charged with filming
Speaker 1: and selling child pornography in Michigan. These are just some
Speaker 1: of the heinous migrant criminals caught because of President Donald J.
Speaker 1: Trump's leadership. I'm Christy Noman, the United States Secretary of
Speaker 1: Homeland Security. Under President Trump, attempted illegal border crossings are
Speaker 1: at the lowest levels ever recorded, and over one hundred
Speaker 1: thousand illegal aliens have been arrested. If you are here illegally,
Speaker 1: your next you will be fined nearly one thousand dollars
Speaker 1: a day, imprisoned, and deported. You will never return. But
Speaker 1: if you register using our CBP home app and leave now,
Speaker 1: you could be allowed to return legally. Do what's right.
Speaker 1: Leave now. Under President Trump, America's laws, border and families
Speaker 1: will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security.
Speaker 3: Just finished the whole thing. But so, what I'm saying
Speaker 3: financial freedom is I'm not. What I'm saying is the
Speaker 3: ability to live off of your investments, to be able
Speaker 3: to do whatever you want to do to stop today. Now,
Speaker 3: of course that's that's different for different people. But it's
Speaker 3: not meant to discourage people. It's meant to tell the truth.
Speaker 3: So if we're in an environment where inflation is at
Speaker 3: record breaking highs. Right, the dollar is losing value all
Speaker 3: the time. We understand that housing prices just continues to
Speaker 3: go out no matter what happens in the economy. The
Speaker 3: price of education, nobody talks about the price of education.
Speaker 3: You want to talk about spending two hundred dollars to
Speaker 3: go to invest vest How about spending seventy five thousand
Speaker 3: dollars to go to a school that you can't get
Speaker 3: a degree from, that you can't get a job from
Speaker 3: after you get a liber arts degree for one year
Speaker 3: high school. Yes, So when I mean, do you want
Speaker 3: me to lie to you? Do you want me to
Speaker 3: tell you the truth? Because I can't lie to you.
Speaker 3: But that's not going to be beneficial. So that's outcries and
Speaker 3: outrage on social media. Well, it's it's not beneficial because
Speaker 3: me just sugarcoating something like I've actually seen the inner
Speaker 3: workings of it. I've seen that a million dollars is
Speaker 3: not enough. I've seen people with twenty thousand dollars. I've
Speaker 3: seen people with ten million, I've seen billionaires. I've sow
Speaker 3: every different level and have conversations with people at every
Speaker 3: different level. So to be completely honest with you, I'm
Speaker 3: kind of low balling it at ten million.
Speaker 4: If we want to get to the honors number to
Speaker 4: be complete teventy, I.
Speaker 5: Just want to use ten million because I'm going to
Speaker 5: show you the level of consistency. And this was really
Speaker 5: a kudos to you at twenty. At eighteen, my only
Speaker 5: goal was to have a six figure job in life.
Speaker 5: Like I was like, if I make six figures, because
Speaker 5: I hadn't seen anybody do it. When I was twenty
Speaker 5: six and at this point you had just started your
Speaker 5: career in financial advisor and you sat me down. I
Speaker 5: got my life insurance and I asked you the number,
Speaker 5: and the number you told me when I was twenty six,
Speaker 5: so that means you were twenty four. You told me
Speaker 5: it was ten million dollars. I said, why why is
Speaker 5: it ten minutes? This is that, this is fifteen years ago.
Speaker 5: I said, why why are you saying ten You were like, look,
Speaker 5: if you can make ten million, we can put it
Speaker 5: in a fund of mutual fund and that can garnish
Speaker 5: you three percent on the conservative end, univon right. And
Speaker 5: you were like, look, you can garnish three percent. So
Speaker 5: if you get three percent, you don't even You're not
Speaker 5: even doing anything but if you can make three percent,
Speaker 5: you've made three hundred thousand. So if you're looking at
Speaker 5: one hundred thousand as a thing that you were making
Speaker 5: it as a teacher, now imagine that you have additional
Speaker 5: two hundred thousand on that you can't live off three
Speaker 5: hundred thousand. And at that moment, I was like, Yo,
Speaker 5: it's got to be ten million. It's got to be
Speaker 5: ten million, and it's but I mean, I'm just saying
Speaker 5: at that point, and this is fifteen years ago, I'm like,
Speaker 5: all right, this makes sense. And so it was like,
Speaker 5: how do I get to the ten million so that
Speaker 5: can live with a conservative three percent to garnish three
Speaker 5: hundred thousand just by investing. I'm like, oh wait, that
Speaker 5: makes perfect sense. So ten million was my number. But
Speaker 5: then again when we sat down, I said, it could
Speaker 5: be eight figures, it could be second figures. It just
Speaker 5: becames on your threshold and where you're at and what
Speaker 5: your leisure is, like what your freedom is.
Speaker 2: But it's going to change for everybody.
Speaker 5: But it gives context because when when you said ten
Speaker 5: million during an interview, and then when I read the
Speaker 5: article again, it made me think back to that moment
Speaker 5: with ten million was the number, then it was a number.
Speaker 4: Then listen, you can either get the truth that we
Speaker 4: can get keep. We're gonna choose to tell the truth.
Speaker 4: I told y'all two years ago or now a year
Speaker 4: ago when we met with Kyrie. Kyrie's like, I don't
Speaker 4: have enough money for my tribe. I'm like this public
Speaker 4: record which you make, it's not enough for me in
Speaker 4: all of my family. I'm gonna take care of That's
Speaker 4: when I said, oh shit, let me really get the work.
Speaker 4: If he's concerned, and at the time he was top
Speaker 4: ten in pay, how can.
Speaker 3: You wrestle your laurels and be like I'm good.
Speaker 4: And we've also seen some people be up up and
Speaker 4: then it comes down because they get comfortable. We're gonna
Speaker 4: tell you the truth that all costs, and I know
Speaker 4: it may be scary, but like I said, use that
Speaker 4: number as motivation to find a way to get there,
Speaker 4: or you're gonna have to paid the penalty when you
Speaker 4: get older. And if you have twenty thousand dollars in
Speaker 4: your in your elder years, I've seen this happen with
Speaker 4: my grandmother. The healthcare system is going to find a
Speaker 4: way to claw one hundred thousand at a time out
Speaker 4: of you with surgery and prescription medications. I know a
Speaker 4: bunch of people right now that spend one thousand dollars
Speaker 4: a month for prescription they really can't afford. Then you
Speaker 4: have surgery. Insurance doesn't cover all of it. Now you
Speaker 4: got to pay thirty forty grand out of pocket. Trust me,
Speaker 4: at every level of life and wealth, they're going to
Speaker 4: find a way to get money out of you. Please
Speaker 4: take the information and apply it, and don't be outraged
Speaker 4: at it, because the outrage doesn't help any at all.
Speaker 3: And then the last thing I'll say before we bring
Speaker 3: on our guess is that we're not going to be
Speaker 3: revisionous here. We're not going to rewrite history. I did
Speaker 3: see some comments like, well, nobody ever tells us how
Speaker 3: to get that. We're not going to act like err
Speaker 3: Lesa has not been around for five years. Market Mondays
Speaker 3: has been around for three to have four years where
Speaker 3: we provide weekly information on market Mondays. I start investing
Speaker 3: into the stock market, how to invest in ETFs, how
Speaker 3: to invest in index funds, how to invest in stock options,
Speaker 3: how to pick tech stocks, how to do all this stuff.
Speaker 3: We're not going to act like we didn't have a
Speaker 3: million and one episodes on real estate, on credit, on Airbnb, business,
Speaker 3: on drop, anything that you can really take up was
Speaker 3: only fans. Y'are covering everything else. If you haven't received
Speaker 3: the information yet, it is because you're not interested in
Speaker 3: you're not interested. So what we can't do. We're not
Speaker 3: going to do is rewrite history and play the victim.
Speaker 3: You'll never say that you wasn't provided the information. Now
Speaker 3: you can say that you didn't act on the information
Speaker 3: for whatever reason. You can say that you you just
Speaker 3: regarded the information, you didn't you didn't take the information serious,
Speaker 3: or you listen to the wrong people. Yeah, but we're
Speaker 3: not going to sit here and say that information is
Speaker 3: not and it's still currently being provided for you for free.
Speaker 2: Hello.
Speaker 4: Hello, So hello, I get the most complaints about charging
Speaker 4: on Monday when we do the show for free every Monday. Hello,
Speaker 4: make it make sense.
Speaker 3: From Vladimir, that's the one thing, that's the one thing,
Speaker 3: because let's get to it.
Speaker 4: No, no, no, we're gonna get to it.
Speaker 3: No, no, well I'm gonna talk about this one thing.
Speaker 3: Because he was like, well, you know, they charge for information.
Speaker 3: His people that's similar to him have a history of
Speaker 3: trying to rewrite history, especially when it comes to black people.
Speaker 3: So we're not gonna let Vladimir rewrite history. Vladimir, if
Speaker 3: you're not familiar with the platform, we have put out
Speaker 3: more free information than anybody and probably recorded history when
Speaker 3: it comes to investing, financial literacy and like real details,
Speaker 3: no motivation and inspiration, actual steps how to. This is
Speaker 3: why people in the comments didn't even respect what you said,
Speaker 3: because it's not even factually true. So if you are
Speaker 3: going to critique something, then it has to actually be
Speaker 3: true outside of just you're just repeating narratives that you
Speaker 3: just heard over and over again. So to say, like
Speaker 3: we get keeping information, that's stupid. You're talking about you
Speaker 3: gave the information a little baby, a little bibi. We like,
Speaker 3: we're talking about million? How is giving? How is freeing?
Speaker 3: Larry Hoover a black? This is alcohol?
Speaker 4: We go and you ain't setting no money to Larry.
Speaker 5: Now, first, before we do that, I want to give
Speaker 5: a shout to act for that moment.
Speaker 2: We got a shout to act because he stopped.
Speaker 3: I mean the right thing, he did the right show.
Speaker 2: Exactly.
Speaker 3: But let's talk about this after because I want to
Speaker 3: shout I just want to say, Vladimir, We're not done
Speaker 3: with them. We're not. We're not. We're not going to
Speaker 3: We're not gonna let the Vladimirs of the world, because
Speaker 3: I do know the Vladimir Tennis. He's a billionaire. The
Speaker 3: real flag, real flag. Yes, he's a billion man.
Speaker 4: We'll call putin too.
Speaker 2: We're playing.
Speaker 4: Never that's funny till it's not.
Speaker 3: It's funny till it's not.
Speaker 1: An illegal alien from Guatemala charged with raping a child
Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
Speaker 1: accused of murdering a Texas man of Venezuelan charged with
Speaker 1: filming and selling child pornography in Michigan. These are just
Speaker 1: some of the heinous migrant criminals caught because of President
Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
Speaker 1: crossings are at the lowest levels ever recorded, and over
Speaker 1: one hundred thousand illegal aliens have been arrested. If you
Speaker 1: are here illegally, your next you will be fine nearly
Speaker 1: one thousand dollars a day, imprisoned and deported, you will
Speaker 1: never return. But if you register using our CBP home
Speaker 1: app and leave now. You could be allowed to return legally.
Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
Speaker 1: border and families will be protected.
Speaker 2: Sponsored by the United States Department of Homeland Security,