WEBVTT - Why You Need $10 Million to Be Financially Free 0:00:00.040 --> 0:00:03.600 An illegal alien from Guatemala charged with raping a child 0:00:03.680 --> 0:00:07.480 in Massachusetts. An MS thirteen gang member from Al Salvador 0:00:07.720 --> 0:00:11.840 accused of murdering a Texas man of Venezuelan charged with 0:00:11.920 --> 0:00:15.840 filming and selling child pornography in Michigan. These are just 0:00:15.920 --> 0:00:19.680 some of the heinous migrant criminals caught because of President 0:00:19.720 --> 0:00:23.320 Donald J. Trump's leadership. I'm Christy nom the United States 0:00:23.320 --> 0:00:28.120 Secretary of Homeland Security. Under President Trump, attempted illegal border 0:00:28.160 --> 0:00:31.680 crossings are at the lowest levels ever recorded, and over 0:00:31.760 --> 0:00:34.960 one hundred thousand illegal aliens have been arrested. If you 0:00:35.040 --> 0:00:38.920 are here illegally, your next you will be fined nearly 0:00:39.000 --> 0:00:43.000 one thousand dollars a day, imprisoned, and deported. You will 0:00:43.040 --> 0:00:46.680 never return. But if you register using our CBP home 0:00:46.720 --> 0:00:50.120 app and leave now, you could be allowed to return legally. 0:00:50.479 --> 0:00:55.240 Do what's right. Leave now. Under President Trump, America's laws, 0:00:55.400 --> 0:00:57.840 border and families will be protected. 0:00:57.920 --> 0:01:00.000 Sponsored by the United States Department of Homeland Security. 0:01:00.240 --> 0:01:02.960 It was actually interesting time because we did the article 0:01:03.000 --> 0:01:04.759 with CNBC a couple of weeks ago, but it came 0:01:04.760 --> 0:01:06.800 out a few days after you posted what you posted, 0:01:06.920 --> 0:01:09.120 So you posted something that got a lot of traction 0:01:09.160 --> 0:01:12.840 on social media and then a few days later CNBC 0:01:12.959 --> 0:01:16.240 dropped the article with us. I said that I thought 0:01:16.280 --> 0:01:18.440 that ten million was the number for financial freedom. I 0:01:18.440 --> 0:01:20.600 believe your number was higher than that, so you know, 0:01:20.640 --> 0:01:26.200 it's crazy thing, and I put it on Instagram and 0:01:26.240 --> 0:01:29.480 then the people was like, well, this lacks context. I'm like, well, 0:01:29.480 --> 0:01:32.280 that's the point of reading the article. But you know, 0:01:32.360 --> 0:01:36.080 people don't read, so we will provide some contexts here 0:01:36.720 --> 0:01:40.800 if people are interested. So your what's should three levels 0:01:40.840 --> 0:01:41.720 of wealth situation? 0:01:42.720 --> 0:01:45.200 The video is very simple, like if your between it 0:01:45.200 --> 0:01:47.039 was a scale. So if you in the level of 0:01:47.040 --> 0:01:50.520 one to ten, you were essentially deemed poor. According to 0:01:50.560 --> 0:01:52.360 the lady in the video, if you were at ten 0:01:52.400 --> 0:01:53.960 to twenty you were middle class, and if you were 0:01:54.000 --> 0:01:57.160 twenty one to thirty, you were wealthy. And the thing 0:01:57.200 --> 0:02:00.280 that I took away from the video is that those 0:02:00.320 --> 0:02:03.040 that are in the poor working class, they use their 0:02:03.120 --> 0:02:06.960 labor to generate cash. The system is designed by purpose. 0:02:07.480 --> 0:02:10.480 The middle class uses their ideas to generate money, and 0:02:10.520 --> 0:02:14.000 then the wealthy use derivatives to generate with their wealth 0:02:14.040 --> 0:02:16.640 and they make money off the backs of both. So 0:02:16.720 --> 0:02:21.040 derivatives would be like a crypto exchange, a stockbroker exchange, 0:02:21.360 --> 0:02:23.880 even stocks. If you look at what the formation of 0:02:23.919 --> 0:02:27.800 like owning other parts of a company, you're not doing 0:02:27.840 --> 0:02:31.200 anything really labor intensitive to generate that capital. Yes, you 0:02:31.240 --> 0:02:33.400 have to go through the IPO cycle, but it's just 0:02:33.440 --> 0:02:35.359 different levels. Like when I first came on, I said, 0:02:35.400 --> 0:02:37.760 you need a twenty eight million, and everyone had an uproar. 0:02:38.240 --> 0:02:41.320 But I was talking to people who helped make some 0:02:41.360 --> 0:02:44.680 of these rules for how much people get paid and 0:02:44.720 --> 0:02:47.240 how much is deemed worthy. I keep saying, as soon 0:02:47.280 --> 0:02:50.800 as we got into two row Airbnb, real estate stocks, 0:02:51.320 --> 0:02:53.920 inflation went up and it drove down the value of 0:02:53.960 --> 0:02:56.359 our dollar. So you need a certain amount of money 0:02:56.400 --> 0:02:58.320 to be safe. I know for those of you who 0:02:58.680 --> 0:03:01.120 may hear these numbers, you and black Man I don't 0:03:01.160 --> 0:03:04.200 even have one hundred thousand, yet use it as inspiration. 0:03:04.280 --> 0:03:06.600 That's what we all did. When I was seeing people 0:03:06.720 --> 0:03:09.280 making thirty million a year, Like when each one who 0:03:09.320 --> 0:03:11.600 shot to each one from my hometown when he went 0:03:11.639 --> 0:03:15.480 to the league, I was so excited to see somebody 0:03:15.480 --> 0:03:18.000 from my hometown make that kind of money. And when 0:03:18.040 --> 0:03:20.839 KK went to the Panthers, I was like, yo, if 0:03:20.880 --> 0:03:23.480 somebody from the Harbor can do this. I know I 0:03:23.480 --> 0:03:26.359 can do it. Don't let the numbers dismay you or 0:03:26.400 --> 0:03:29.560 dissuade you from trying to achieve your goals. Use it 0:03:29.560 --> 0:03:31.880 as motivation to get But yeah, I agree, you need 0:03:31.919 --> 0:03:34.560 at least ten million to hit a point of freedom 0:03:34.600 --> 0:03:36.160 if you want to be able to take care of 0:03:36.160 --> 0:03:41.520 the children, your wife, other family members, help be a 0:03:41.520 --> 0:03:44.040 good steward in your community. It takes a lot more 0:03:44.080 --> 0:03:46.080 money than ever I keep. I can't find a used 0:03:46.080 --> 0:03:48.880 car for ten grand right now. I'm actively looking just 0:03:48.920 --> 0:03:51.200 to see how much they've changed the used car market 0:03:51.320 --> 0:03:52.240 in two years. 0:03:52.840 --> 0:03:53.120 Ah. 0:03:53.240 --> 0:03:55.160 I was talking to ister this morning. A Honda Acord 0:03:55.280 --> 0:04:02.960 costs thirty grand used a Honda Accord. What so if 0:04:02.960 --> 0:04:06.040 you go get a C class S class G wag 0:04:06.200 --> 0:04:08.960 like they're driving these costs up to make up for 0:04:09.040 --> 0:04:12.160 what they lost during the pandemic, The game is not 0:04:12.160 --> 0:04:14.120 going to be fair. Inflation is always going to go up, 0:04:14.280 --> 0:04:15.840 and this is why you need more and this is 0:04:15.840 --> 0:04:17.400 why you need to invest in the market so you 0:04:17.400 --> 0:04:20.359 can outpace inflation. So those are the three levels that 0:04:20.400 --> 0:04:20.960 are really key. 0:04:21.440 --> 0:04:23.880 Yeah, and notice that what was happening, And I'm glad 0:04:23.920 --> 0:04:25.839 you brought up the car market because that was you know, 0:04:25.880 --> 0:04:30.640 shopping for cars. It during the pandemic and years after 0:04:30.760 --> 0:04:33.920 the first year after it was there was a shortage, right, 0:04:34.040 --> 0:04:36.240 it was a supply chain thing. We couldn't get the technology, 0:04:36.279 --> 0:04:39.159 we couldn't get the semis and and so you started 0:04:39.200 --> 0:04:42.560 getting cars without power windows, cars without power seeds. Some 0:04:42.600 --> 0:04:45.279 of the functions inside weren't there. And now that's not 0:04:45.360 --> 0:04:48.640 the issue. But now you have rates that aren't going 0:04:48.680 --> 0:04:52.240 down with the their future. And so yeah, businesses are 0:04:52.240 --> 0:04:54.800 going to find ways to make sure that they their 0:04:54.839 --> 0:04:57.640 win is built in at any. 0:04:58.160 --> 0:05:00.200 Call, at all costs, at any like. 0:05:01.000 --> 0:05:05.200 And the person that is going to uh be put 0:05:05.400 --> 0:05:07.320 at sacrifice of it is going to be the customer. 0:05:07.440 --> 0:05:10.720 So when you go into these situations, just know that. 0:05:10.760 --> 0:05:13.160 And if you're building a business, know that there these 0:05:13.200 --> 0:05:13.920 are lessons. 0:05:14.160 --> 0:05:17.839 Right, We're talking about even at a seven fifty, my 0:05:17.920 --> 0:05:21.880 credit was like seven ninety five and the rate it was, 0:05:22.080 --> 0:05:23.839 I mean rate is what it is, it's seven percent, 0:05:23.880 --> 0:05:27.680 it's seven point five. The person that has a six fifty, 0:05:27.720 --> 0:05:29.000 what are they get? 0:05:29.320 --> 0:05:29.839 No problem? 0:05:30.720 --> 0:05:33.599 Right, You're talking about people that are leader of financing 0:05:33.600 --> 0:05:35.120 cars five years. 0:05:35.560 --> 0:05:36.119 So it's gonna. 0:05:36.200 --> 0:05:38.560 I mean, I don't know how many people are into 0:05:38.600 --> 0:05:40.800 refinancing cars. I mean, you can do it, but not 0:05:40.880 --> 0:05:41.920 many people do do it. 0:05:42.240 --> 0:05:44.200 Not many people do it. And I think the highest 0:05:44.200 --> 0:05:48.320 you can charge for cars with sixteen percent, that's insane. 0:05:49.440 --> 0:05:49.880 That's a lot. 0:05:50.040 --> 0:05:56.719 That's that's that's insane. That's it adds up. And then 0:05:56.880 --> 0:05:59.520 she gonna tell you, no, we ain't going to cheese cake. 0:06:00.960 --> 0:06:03.280 Inflation of the date. We gotta talk about now. 0:06:03.160 --> 0:06:04.880 Why is she taking a bad rap though? 0:06:04.880 --> 0:06:04.960 Bro? 0:06:05.200 --> 0:06:06.919 But I want to talk about this ten million thing 0:06:07.000 --> 0:06:09.400 if we can pick out, because you know, a lot 0:06:09.400 --> 0:06:13.000 of people didn't fully understand it. So when we did 0:06:13.000 --> 0:06:19.240 the interview with CNBC and the reporter asked us, what 0:06:19.360 --> 0:06:22.680 do we think the number was for financial freedom? And 0:06:22.760 --> 0:06:24.600 I said that I thought, you know, depending on a 0:06:24.640 --> 0:06:26.760 variety of different factors where you live, but if you 0:06:26.839 --> 0:06:29.960 live in a major urban environment or a suburban environment 0:06:29.960 --> 0:06:33.279 close to an urban environment East coast, West coast scenario, 0:06:34.080 --> 0:06:39.560 you will probably need ten million dollars to have financial freedom. 0:06:40.279 --> 0:06:43.359 And then he responded back and he said, well, do 0:06:43.440 --> 0:06:47.640 you think that this is realistic for most people? And 0:06:47.839 --> 0:06:50.400 I said, no, it's not. But you asked me a question. 0:06:50.640 --> 0:06:52.320 So I'm just going to be honest with the answer 0:06:52.360 --> 0:06:55.440 that I'm giving you right now. The whole point of 0:06:55.600 --> 0:06:58.000 we're big on entrepreneurship, We're big on investing, we're big 0:06:58.040 --> 0:07:01.360 on understanding. So yeah, that average person is not going 0:07:01.440 --> 0:07:06.280 to reach ten million dollars in investable assets, but if 0:07:06.320 --> 0:07:09.280 you're on a pathway to work towards that, you might 0:07:09.279 --> 0:07:12.400 reach a million, you might reach one point five million, 0:07:12.720 --> 0:07:16.520 you might reach nine hundred thousand. Guess what that's better 0:07:16.920 --> 0:07:20.240 at seventy years old than having twenty thousand dollars. You're 0:07:20.240 --> 0:07:22.640 not gonna be able to at the park, yea. Yeah, 0:07:22.640 --> 0:07:25.160 you're not gonna be able to fly private around the world, 0:07:25.280 --> 0:07:26.880 but you're gonna be in a better situation. A lot 0:07:26.880 --> 0:07:28.640 of people never actually did this for a living. I 0:07:28.640 --> 0:07:30.360 actually did this for a living for twelve years, so 0:07:30.440 --> 0:07:33.440 I know what it is to see somebody who's sixty 0:07:33.480 --> 0:07:37.280 eight years old with fifty thousand dollars coming into your 0:07:37.320 --> 0:07:40.120 office asking you what can I do? And you got 0:07:40.120 --> 0:07:42.440 to be the person to tell them nothing, I can't 0:07:42.480 --> 0:07:46.800 do anything. But you never had Most all these people 0:07:46.840 --> 0:07:49.040 on social media that's commenting on this, they never had 0:07:49.040 --> 0:07:52.000 that conversation. Also, these people on social media that are 0:07:52.040 --> 0:07:54.880 saying like, well I only need one million and I'm 0:07:54.880 --> 0:07:57.920 gonna be fine. Well that's great, but the vast majority 0:07:57.920 --> 0:07:59.480 of people have never made one million. Let me tell 0:07:59.520 --> 0:08:01.480 you something. One million dollars is a scary This is 0:08:01.520 --> 0:08:04.440 a scary number. From one to three million is actually 0:08:04.440 --> 0:08:07.520 extremely scary because when you below a million, you don't 0:08:07.560 --> 0:08:09.680 really care. It's like you just hustling and you don't 0:08:09.680 --> 0:08:12.320 really have nothing to lose. But when you get to 0:08:12.360 --> 0:08:15.720 a million dollars, you realize that you're a technically quote 0:08:15.800 --> 0:08:19.520 unquote rich, especially where we come from, but you're a 0:08:19.560 --> 0:08:24.040 few steps away from being broke, and it's broke. No, 0:08:24.080 --> 0:08:27.640 it's actually extremely scary, and you end up losing sleep 0:08:27.680 --> 0:08:29.640 about it because it's like nobody wants to be the 0:08:29.680 --> 0:08:32.360 person that is seen as a failure, somebody that lost everything. 0:08:32.920 --> 0:08:35.640 So now you're you're kind of walking on eggshells because 0:08:35.679 --> 0:08:39.239 you know that that's not enough, right, But you're a millionaire, 0:08:39.280 --> 0:08:42.200 so you already beat the odds, but you'll never experience 0:08:42.280 --> 0:08:44.240 that until you actually experience it. This is when we 0:08:44.280 --> 0:08:46.719 talked to Mark Cuban. Mark Cuban told us, like, no 0:08:46.800 --> 0:08:48.920 a million dollars. I'll be scared. If if I was, 0:08:49.480 --> 0:08:52.200 I'd be scared. What about what ross? 0:08:52.280 --> 0:08:53.240 What number did raw say? 0:08:53.240 --> 0:08:53.760 If he had it? 0:08:53.760 --> 0:08:54.480 He would be terrible? 0:08:54.520 --> 0:08:56.600 Ten? He said, ten, he said. At least you say. 0:08:58.520 --> 0:08:58.600 So. 0:08:58.960 --> 0:09:00.959 I just want to I just want to finish. I 0:09:00.960 --> 0:09:04.080 want to add context to go. I just want to earners. 0:09:04.080 --> 0:09:04.440 What's up? 0:09:04.559 --> 0:09:07.040 You ever walk into a small business and everything just 0:09:07.160 --> 0:09:10.360 works like the checkout is fast, the receipts are digital, 0:09:10.880 --> 0:09:13.840 tipping is a breeze, and you're out the door before 0:09:13.880 --> 0:09:18.040 the line even builds odds are they're using Square. We 0:09:18.160 --> 0:09:20.720 love supporting businesses that run on Square because it just 0:09:20.760 --> 0:09:24.000 feels seamless. 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Don't wait, don't hesitate. 0:10:04.960 --> 0:10:07.360 Let's Square handle the back end so you can keep 0:10:07.360 --> 0:10:13.480 pushing your vision forward. This episode is brought to you 0:10:13.520 --> 0:10:15.760 by P and C Bank. A lot of people think 0:10:15.840 --> 0:10:19.720 podcasts about work are boring, and sure they definitely can be, 0:10:20.200 --> 0:10:23.480 but understanding a professionals routine shows us how they achieve 0:10:23.520 --> 0:10:27.760 their success little by little, day after day. It's like 0:10:27.840 --> 0:10:30.600 banking with P and C Bank. It might seem boring 0:10:30.640 --> 0:10:33.480 to save, plan and make calculated decisions with your bank, 0:10:33.920 --> 0:10:36.400 but keeping your money boring is what helps you live 0:10:36.480 --> 0:10:40.520 a more happily fulfilled life. P and C Bank Brilliantly 0:10:40.600 --> 0:10:45.160 Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty 0:10:45.200 --> 0:10:48.480 five is a service mark of the PNC Financial Service Group, Inc. 0:10:48.920 --> 0:10:52.320 P and C Bank National Association Member FDIC. 0:10:54.080 --> 0:10:57.760 An illegal alien from Guatemala charged with raping a child 0:10:57.800 --> 0:11:02.360 in Massachusetts. MS thirteen gang member from Al Salvador accused 0:11:02.400 --> 0:11:06.439 of murdering a Texas man of Venezuelan charged with filming 0:11:06.520 --> 0:11:10.280 and selling child pornography in Michigan. These are just some 0:11:10.440 --> 0:11:14.280 of the heinous migrant criminals caught because of President Donald J. 0:11:14.360 --> 0:11:18.120 Trump's leadership. I'm Christy Noman, the United States Secretary of 0:11:18.160 --> 0:11:22.960 Homeland Security. Under President Trump, attempted illegal border crossings are 0:11:23.000 --> 0:11:26.400 at the lowest levels ever recorded, and over one hundred 0:11:26.440 --> 0:11:30.320 thousand illegal aliens have been arrested. If you are here illegally, 0:11:30.800 --> 0:11:34.120 your next you will be fined nearly one thousand dollars 0:11:34.160 --> 0:11:38.280 a day, imprisoned, and deported. You will never return. But 0:11:38.360 --> 0:11:41.920 if you register using our CBP home app and leave now, 0:11:42.280 --> 0:11:45.400 you could be allowed to return legally. Do what's right. 0:11:45.960 --> 0:11:50.920 Leave now. Under President Trump, America's laws, border and families 0:11:51.120 --> 0:11:51.960 will be protected. 0:11:52.040 --> 0:11:54.160 Sponsored by the United States Department of Homeland Security. 0:11:54.320 --> 0:11:56.000 Just finished the whole thing. But so, what I'm saying 0:11:56.040 --> 0:11:58.880 financial freedom is I'm not. What I'm saying is the 0:11:58.920 --> 0:12:03.240 ability to live off of your investments, to be able 0:12:03.240 --> 0:12:05.840 to do whatever you want to do to stop today. Now, 0:12:05.920 --> 0:12:08.400 of course that's that's different for different people. But it's 0:12:08.440 --> 0:12:11.559 not meant to discourage people. It's meant to tell the truth. 0:12:12.120 --> 0:12:14.720 So if we're in an environment where inflation is at 0:12:14.960 --> 0:12:18.160 record breaking highs. Right, the dollar is losing value all 0:12:18.160 --> 0:12:22.520 the time. We understand that housing prices just continues to 0:12:22.520 --> 0:12:24.880 go out no matter what happens in the economy. The 0:12:24.960 --> 0:12:28.120 price of education, nobody talks about the price of education. 0:12:28.840 --> 0:12:30.719 You want to talk about spending two hundred dollars to 0:12:30.760 --> 0:12:33.280 go to invest vest How about spending seventy five thousand 0:12:33.280 --> 0:12:35.040 dollars to go to a school that you can't get 0:12:35.040 --> 0:12:37.120 a degree from, that you can't get a job from 0:12:37.160 --> 0:12:38.880 after you get a liber arts degree for one year 0:12:40.000 --> 0:12:43.920 high school. Yes, So when I mean, do you want 0:12:43.960 --> 0:12:45.080 me to lie to you? Do you want me to 0:12:45.080 --> 0:12:46.880 tell you the truth? Because I can't lie to you. 0:12:48.040 --> 0:12:53.360 But that's not going to be beneficial. So that's outcries and 0:12:53.440 --> 0:12:58.880 outrage on social media. Well, it's it's not beneficial because 0:12:59.760 --> 0:13:02.560 me just sugarcoating something like I've actually seen the inner 0:13:02.600 --> 0:13:04.679 workings of it. I've seen that a million dollars is 0:13:04.720 --> 0:13:07.440 not enough. I've seen people with twenty thousand dollars. I've 0:13:07.440 --> 0:13:11.000 seen people with ten million, I've seen billionaires. I've sow 0:13:11.080 --> 0:13:13.600 every different level and have conversations with people at every 0:13:13.640 --> 0:13:17.120 different level. So to be completely honest with you, I'm 0:13:17.200 --> 0:13:18.800 kind of low balling it at ten million. 0:13:19.000 --> 0:13:21.080 If we want to get to the honors number to 0:13:21.120 --> 0:13:23.040 be complete teventy, I. 0:13:23.000 --> 0:13:24.959 Just want to use ten million because I'm going to 0:13:24.960 --> 0:13:27.200 show you the level of consistency. And this was really 0:13:27.200 --> 0:13:31.040 a kudos to you at twenty. At eighteen, my only 0:13:31.080 --> 0:13:33.400 goal was to have a six figure job in life. 0:13:33.440 --> 0:13:35.280 Like I was like, if I make six figures, because 0:13:35.280 --> 0:13:38.280 I hadn't seen anybody do it. When I was twenty 0:13:39.280 --> 0:13:43.800 six and at this point you had just started your 0:13:43.800 --> 0:13:46.280 career in financial advisor and you sat me down. I 0:13:46.280 --> 0:13:48.840 got my life insurance and I asked you the number, 0:13:49.040 --> 0:13:51.040 and the number you told me when I was twenty six, 0:13:51.080 --> 0:13:53.160 so that means you were twenty four. You told me 0:13:53.160 --> 0:13:55.480 it was ten million dollars. I said, why why is 0:13:55.520 --> 0:13:58.439 it ten minutes? This is that, this is fifteen years ago. 0:13:58.720 --> 0:14:00.800 I said, why why are you saying ten You were like, look, 0:14:01.160 --> 0:14:03.120 if you can make ten million, we can put it 0:14:03.120 --> 0:14:05.640 in a fund of mutual fund and that can garnish 0:14:05.640 --> 0:14:10.080 you three percent on the conservative end, univon right. And 0:14:10.120 --> 0:14:12.320 you were like, look, you can garnish three percent. So 0:14:12.400 --> 0:14:14.800 if you get three percent, you don't even You're not 0:14:14.800 --> 0:14:17.680 even doing anything but if you can make three percent, 0:14:17.720 --> 0:14:20.040 you've made three hundred thousand. So if you're looking at 0:14:20.040 --> 0:14:21.800 one hundred thousand as a thing that you were making 0:14:21.840 --> 0:14:24.480 it as a teacher, now imagine that you have additional 0:14:24.520 --> 0:14:26.520 two hundred thousand on that you can't live off three 0:14:26.560 --> 0:14:29.320 hundred thousand. And at that moment, I was like, Yo, 0:14:29.800 --> 0:14:31.600 it's got to be ten million. It's got to be 0:14:31.640 --> 0:14:34.440 ten million, and it's but I mean, I'm just saying 0:14:34.440 --> 0:14:36.200 at that point, and this is fifteen years ago, I'm like, 0:14:36.200 --> 0:14:37.720 all right, this makes sense. And so it was like, 0:14:37.760 --> 0:14:39.480 how do I get to the ten million so that 0:14:39.520 --> 0:14:43.240 can live with a conservative three percent to garnish three 0:14:43.360 --> 0:14:45.920 hundred thousand just by investing. I'm like, oh wait, that 0:14:45.960 --> 0:14:48.560 makes perfect sense. So ten million was my number. But 0:14:48.600 --> 0:14:50.920 then again when we sat down, I said, it could 0:14:50.960 --> 0:14:52.480 be eight figures, it could be second figures. It just 0:14:52.520 --> 0:14:54.640 becames on your threshold and where you're at and what 0:14:54.680 --> 0:14:56.480 your leisure is, like what your freedom is. 0:14:57.000 --> 0:14:58.240 But it's going to change for everybody. 0:14:58.280 --> 0:15:01.000 But it gives context because when when you said ten 0:15:01.040 --> 0:15:03.000 million during an interview, and then when I read the 0:15:03.080 --> 0:15:05.320 article again, it made me think back to that moment 0:15:05.760 --> 0:15:09.920 with ten million was the number, then it was a number. 0:15:10.000 --> 0:15:13.240 Then listen, you can either get the truth that we 0:15:13.240 --> 0:15:16.280 can get keep. We're gonna choose to tell the truth. 0:15:16.440 --> 0:15:19.160 I told y'all two years ago or now a year 0:15:19.160 --> 0:15:22.080 ago when we met with Kyrie. Kyrie's like, I don't 0:15:22.080 --> 0:15:25.200 have enough money for my tribe. I'm like this public 0:15:25.280 --> 0:15:28.160 record which you make, it's not enough for me in 0:15:28.200 --> 0:15:31.040 all of my family. I'm gonna take care of That's 0:15:31.080 --> 0:15:33.400 when I said, oh shit, let me really get the work. 0:15:33.880 --> 0:15:36.800 If he's concerned, and at the time he was top 0:15:36.840 --> 0:15:39.080 ten in pay, how can. 0:15:38.920 --> 0:15:40.840 You wrestle your laurels and be like I'm good. 0:15:40.880 --> 0:15:43.480 And we've also seen some people be up up and 0:15:43.520 --> 0:15:47.200 then it comes down because they get comfortable. We're gonna 0:15:47.240 --> 0:15:48.920 tell you the truth that all costs, and I know 0:15:48.960 --> 0:15:50.920 it may be scary, but like I said, use that 0:15:51.000 --> 0:15:54.280 number as motivation to find a way to get there, 0:15:55.760 --> 0:15:57.160 or you're gonna have to paid the penalty when you 0:15:57.200 --> 0:15:59.400 get older. And if you have twenty thousand dollars in 0:15:59.440 --> 0:16:01.600 your in your elder years, I've seen this happen with 0:16:01.600 --> 0:16:04.680 my grandmother. The healthcare system is going to find a 0:16:04.720 --> 0:16:07.840 way to claw one hundred thousand at a time out 0:16:07.880 --> 0:16:11.120 of you with surgery and prescription medications. I know a 0:16:11.160 --> 0:16:12.960 bunch of people right now that spend one thousand dollars 0:16:12.960 --> 0:16:15.960 a month for prescription they really can't afford. Then you 0:16:16.040 --> 0:16:18.480 have surgery. Insurance doesn't cover all of it. Now you 0:16:18.480 --> 0:16:20.640 got to pay thirty forty grand out of pocket. Trust me, 0:16:20.960 --> 0:16:23.320 at every level of life and wealth, they're going to 0:16:23.360 --> 0:16:25.240 find a way to get money out of you. Please 0:16:25.280 --> 0:16:28.320 take the information and apply it, and don't be outraged 0:16:28.360 --> 0:16:30.360 at it, because the outrage doesn't help any at all. 0:16:30.840 --> 0:16:32.480 And then the last thing I'll say before we bring 0:16:32.520 --> 0:16:34.080 on our guess is that we're not going to be 0:16:34.160 --> 0:16:36.560 revisionous here. We're not going to rewrite history. I did 0:16:36.600 --> 0:16:39.000 see some comments like, well, nobody ever tells us how 0:16:39.000 --> 0:16:41.240 to get that. We're not going to act like err 0:16:41.320 --> 0:16:44.800 Lesa has not been around for five years. Market Mondays 0:16:44.800 --> 0:16:47.480 has been around for three to have four years where 0:16:47.520 --> 0:16:50.520 we provide weekly information on market Mondays. I start investing 0:16:50.520 --> 0:16:52.960 into the stock market, how to invest in ETFs, how 0:16:53.000 --> 0:16:55.560 to invest in index funds, how to invest in stock options, 0:16:55.720 --> 0:16:59.520 how to pick tech stocks, how to do all this stuff. 0:17:00.000 --> 0:17:02.000 We're not going to act like we didn't have a 0:17:02.080 --> 0:17:06.600 million and one episodes on real estate, on credit, on Airbnb, business, 0:17:07.359 --> 0:17:12.600 on drop, anything that you can really take up was 0:17:12.640 --> 0:17:16.440 only fans. Y'are covering everything else. If you haven't received 0:17:16.440 --> 0:17:18.760 the information yet, it is because you're not interested in 0:17:20.280 --> 0:17:25.119 you're not interested. So what we can't do. We're not 0:17:25.160 --> 0:17:28.919 going to do is rewrite history and play the victim. 0:17:29.560 --> 0:17:32.560 You'll never say that you wasn't provided the information. Now 0:17:32.680 --> 0:17:34.480 you can say that you didn't act on the information 0:17:34.560 --> 0:17:36.879 for whatever reason. You can say that you you just 0:17:37.520 --> 0:17:40.639 regarded the information, you didn't you didn't take the information serious, 0:17:41.000 --> 0:17:43.800 or you listen to the wrong people. Yeah, but we're 0:17:43.800 --> 0:17:45.760 not going to sit here and say that information is 0:17:45.800 --> 0:17:48.920 not and it's still currently being provided for you for free. 0:17:49.040 --> 0:17:49.359 Hello. 0:17:51.480 --> 0:17:56.679 Hello, So hello, I get the most complaints about charging 0:17:56.720 --> 0:18:00.440 on Monday when we do the show for free every Monday. Hello, 0:18:00.640 --> 0:18:01.679 make it make sense. 0:18:03.920 --> 0:18:07.320 From Vladimir, that's the one thing, that's the one thing, 0:18:07.359 --> 0:18:10.560 because let's get to it. 0:18:11.040 --> 0:18:12.159 No, no, no, we're gonna get to it. 0:18:12.160 --> 0:18:15.080 No, no, well I'm gonna talk about this one thing. 0:18:15.080 --> 0:18:17.520 Because he was like, well, you know, they charge for information. 0:18:19.480 --> 0:18:24.480 His people that's similar to him have a history of 0:18:24.520 --> 0:18:28.000 trying to rewrite history, especially when it comes to black people. 0:18:28.359 --> 0:18:32.800 So we're not gonna let Vladimir rewrite history. Vladimir, if 0:18:32.840 --> 0:18:35.320 you're not familiar with the platform, we have put out 0:18:35.320 --> 0:18:38.960 more free information than anybody and probably recorded history when 0:18:39.000 --> 0:18:42.119 it comes to investing, financial literacy and like real details, 0:18:42.280 --> 0:18:45.760 no motivation and inspiration, actual steps how to. This is 0:18:45.760 --> 0:18:48.200 why people in the comments didn't even respect what you said, 0:18:48.200 --> 0:18:50.480 because it's not even factually true. So if you are 0:18:50.480 --> 0:18:53.040 going to critique something, then it has to actually be 0:18:53.119 --> 0:18:57.399 true outside of just you're just repeating narratives that you 0:18:57.440 --> 0:19:00.399 just heard over and over again. So to say, like 0:19:00.440 --> 0:19:03.040 we get keeping information, that's stupid. You're talking about you 0:19:03.080 --> 0:19:08.600 gave the information a little baby, a little bibi. We like, 0:19:09.200 --> 0:19:12.240 we're talking about million? How is giving? How is freeing? 0:19:12.320 --> 0:19:14.840 Larry Hoover a black? This is alcohol? 0:19:14.840 --> 0:19:16.720 We go and you ain't setting no money to Larry. 0:19:16.720 --> 0:19:19.479 Now, first, before we do that, I want to give 0:19:19.520 --> 0:19:21.119 a shout to act for that moment. 0:19:21.560 --> 0:19:23.320 We got a shout to act because he stopped. 0:19:23.600 --> 0:19:25.640 I mean the right thing, he did the right show. 0:19:26.920 --> 0:19:27.280 Exactly. 0:19:27.280 --> 0:19:28.720 But let's talk about this after because I want to 0:19:29.600 --> 0:19:33.080 shout I just want to say, Vladimir, We're not done 0:19:33.119 --> 0:19:34.560 with them. We're not. We're not. We're not going to 0:19:35.000 --> 0:19:37.960 We're not gonna let the Vladimirs of the world, because 0:19:38.080 --> 0:19:41.920 I do know the Vladimir Tennis. He's a billionaire. The 0:19:42.000 --> 0:19:46.840 real flag, real flag. Yes, he's a billion man. 0:19:46.880 --> 0:19:47.760 We'll call putin too. 0:19:47.840 --> 0:19:48.680 We're playing. 0:19:53.760 --> 0:19:55.040