WEBVTT - Cliff Notes: Record Gains for Stocks to end 2021

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<v Speaker 2>Me Let me ask you to let me ask both

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<v Speaker 2>of you guys this so we can just get some

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<v Speaker 2>education for people because people might not be familiar. So

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<v Speaker 2>all right, so we talked about earnings. Can we break

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<v Speaker 2>this down a little bit because people might hear about

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<v Speaker 2>earnings and earnings were good, that owning the earnings with

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<v Speaker 2>disappointing and then if the earnings don't are disappointing, in

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<v Speaker 2>the stock drops, but talk about like what does that

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<v Speaker 2>actually mean when they release when they released their quarterly

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<v Speaker 2>quarterly numbers.

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<v Speaker 3>Yeah.

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<v Speaker 4>So basically what I just ran down is the revenue

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<v Speaker 4>generators for a company. So Apple, we talked about the iPhone,

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<v Speaker 4>we talked about the services, right, that's another revenue generator.

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<v Speaker 4>The math book, the iPad. I didn't even do wearables,

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<v Speaker 4>you know, the wearable numbers. I didn't even put those

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<v Speaker 4>in there, but I could have. So everything that is

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<v Speaker 4>a revenue generator goes into what the company earns. Wall

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<v Speaker 4>Street will say based on its performance. They'll say, all right,

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<v Speaker 4>well we estimate that they should make this much per

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<v Speaker 4>this quarter least three months. It's an estimate, right, at best,

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<v Speaker 4>it's an estimate. Now if they hit the estimate, great,

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<v Speaker 4>and sometimes we see the stock go up.

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<v Speaker 2>If you have firms like a Morgan and Morgan Stanley

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<v Speaker 2>right that put out reports.

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<v Speaker 4>Yeah, they'll put out they'll pull out where they will

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<v Speaker 4>go yeah, right, they'll upgrade it depends will say overweight

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<v Speaker 4>or underperform. And based on those things people will say,

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<v Speaker 4>all right, it's a good time invest, So it's not

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<v Speaker 4>a good time invest. Also, what Apple didn't do again,

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<v Speaker 4>we spoke about this in a few episodes ago. They

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<v Speaker 4>didn't offer guidance. And so when we talked about guidance

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<v Speaker 4>is the future outlook, what does the next quarter, the

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<v Speaker 4>next two or three quarters look like? And so they

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<v Speaker 4>haven't offered any guidance during the entire pandemic.

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<v Speaker 3>So this isn't anything new. So Stop did pull back

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<v Speaker 3>a little bit.

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<v Speaker 5>What is guidance?

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<v Speaker 3>I just said the future outlook of the.

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<v Speaker 6>Future outlook of what they expect to do.

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<v Speaker 7>So for my RAP fans, the analysts are like academics

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<v Speaker 7>when he's guessing, like what the first week numbers are

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<v Speaker 7>going to be, and the estenates are like first week

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<v Speaker 7>sales before the quarter. Now, I truly think they should

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<v Speaker 7>do earnings on a one year basis. It's a huge

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<v Speaker 7>mistake when companies run on a quarter to quarter projection,

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<v Speaker 7>and it's the rat races they're chasing. But they missed

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<v Speaker 7>the number. But the numbers and growth of the company

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<v Speaker 7>were great with a supply chip shortage exactly. So I

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<v Speaker 7>wouldn't sell base off of that. And when you guys

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<v Speaker 7>are looking at what to invest in, you always want

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<v Speaker 7>to do the.

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<v Speaker 6>Verses of the stock.

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<v Speaker 7>So if you did Apple versus for GM, whoever you

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<v Speaker 7>would pick, you have to say, are they better across

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<v Speaker 7>the board?

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<v Speaker 6>The answers usually know if it's not, then you have

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<v Speaker 6>to pass it up.

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<v Speaker 7>But yeah, with the earnings, it's a projection of what

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<v Speaker 7>they are going to do, and a lot of times

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<v Speaker 7>if they miss, the stock will drop and then it's

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<v Speaker 7>a goodbye at that point. And I even seen stocks

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<v Speaker 7>that have hit the numbers and tanked because of it.

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<v Speaker 7>So that's why I never lean on earnings and I

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<v Speaker 7>never factored into my investing equation because it's not a

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<v Speaker 7>game for us to play bas off of that and

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<v Speaker 7>for those of you to trade off of it. If

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<v Speaker 7>you get the direction wrong, you're gonna get killed. So

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<v Speaker 7>that's why I never factored into my investment.

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<v Speaker 4>We just we just saw a Snap drop like twenty

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<v Speaker 4>percent after his earnings, like they missed and then dropped

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<v Speaker 4>twenty percent. But we've seen Apple have one hundred billion

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<v Speaker 4>dollar quarter and pull back after that. Right, the revenues

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<v Speaker 4>are running so high, and so that I mean again,

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<v Speaker 4>if you base your strep get investment strategy off that

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<v Speaker 4>you have some real, real experience.

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<v Speaker 6>In doing it, you shouldn't do it.

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<v Speaker 7>I'm gonna just say what he wants to say to

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<v Speaker 7>your price to Apple two thirty eight oh two. That's

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<v Speaker 7>the target I have for getting to So you guys

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<v Speaker 7>conrect that down to thirty eight oh two. It's where

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<v Speaker 7>I expect Apple to get. And Snap did take a

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<v Speaker 7>hell of a tumble. It will recover, but they have

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<v Speaker 7>a lot of competition. I have an interesting theory about Snap,

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<v Speaker 7>but I want to go into it. But if Apple

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<v Speaker 7>goes to one twenty nine seventy six, that's why you

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<v Speaker 7>guys should love to pick some shares up.

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<v Speaker 3>Yeah you heard it.

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<v Speaker 4>Let me cannot I'm gonna do one more company that

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<v Speaker 4>missed because it was like big news that obviously, so

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<v Speaker 4>Apple misses. Microsoft takes advantage of that they become the

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<v Speaker 4>wealthiest company in the world. But Amazon missed, and everybody

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<v Speaker 4>knows I've been huge about Amazon. They a healthy investment

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<v Speaker 4>in Amazon, and so they missed their quarter. Obviously, supply

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<v Speaker 4>chain issues had a.

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<v Speaker 3>Lot to do with that. But same thing with Apple.

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<v Speaker 4>We know what quarter they're going into right the holiday

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<v Speaker 4>season is upon us now. Today on CNBC, the president,

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<v Speaker 4>the CEO of the National Retail Federation put out a

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<v Speaker 4>statement and he said that this holiday season is on pace. Right,

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<v Speaker 4>they're expecting it to be the greatest shopping season ever

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<v Speaker 4>of all time. Right, they're expecting an increase of growth

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<v Speaker 4>of over eight to ten percent from twenty twenty when

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<v Speaker 4>everybody was pretty much home. And so if we think

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<v Speaker 4>about e commerce, who's the number one in that space?

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<v Speaker 4>That good company, right, But also there was there was

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<v Speaker 4>another piece of news that came out about Amazon and

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<v Speaker 4>maybe people overlooked it, but they have entered the the

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<v Speaker 4>ev market, right. And we spoke about Rivion a few

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<v Speaker 4>maybe last year, but it's it's the electric truck, well played.

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<v Speaker 4>They owned twenty so the numbers finally came out that

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<v Speaker 4>they owned twenty percent of the company. So they owned

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<v Speaker 4>twenty percent of Rivion. I think the investment was like

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<v Speaker 4>one point three billion, right, based on Vivian's evaluation, because

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<v Speaker 4>it's IPO.

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<v Speaker 3>In this month. I don't we not have the exact day.

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<v Speaker 3>I know in the next couple of weeks it's going

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<v Speaker 3>to IPO.

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<v Speaker 4>But based on evaluation, that investment is now worth three

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<v Speaker 4>point eight billion, right, So the growth of Rivion will

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<v Speaker 4>also mean the success of Amazon as well. They've already

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<v Speaker 4>ordered one hundred thousand vehicles for their delivery service. And

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<v Speaker 4>there's another company that that's been invested in as well.

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<v Speaker 4>You may have heard of by Ford for those five

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<v Speaker 4>percent of Rivian as well. So the base has been

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<v Speaker 4>laid for this company to be successful. Amazon's already on

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<v Speaker 4>twenty percent plus they've already had one hundred thousand vehicles.

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<v Speaker 4>How long did it take a testa to get to

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<v Speaker 4>one hundred thousand vehicles ordered? Thinking about that, right, and

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<v Speaker 4>so you started looking at the success of this ev market.

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<v Speaker 3>They've already built in a win.

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<v Speaker 5>So so what are you saying, you're bullish on Amazon.

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<v Speaker 3>I'm staying bullish on Amazon.

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<v Speaker 6>Yes, you have to.

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<v Speaker 5>You got to speak the language that people just want said.

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<v Speaker 3>You just want to know in my body or not,

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<v Speaker 3>that's all you want to know.

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<v Speaker 2>I just want to give you the information you make

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<v Speaker 2>the right I speak for the mass man.

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<v Speaker 5>They just want to want that mic away.

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<v Speaker 7>Yeah, so Amazon is an amazing company holder for the next

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<v Speaker 7>ten years. I know you guys are going to ask

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<v Speaker 7>about Rivian, but it's one of the things you have

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<v Speaker 7>to understand when big companies like these and they own

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<v Speaker 7>a considerable amount of a twenty percent, that is a

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<v Speaker 7>solid strategy in business owners. When I'm telling you to diversify,

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<v Speaker 7>because we're not talking about it enough, but we've entered

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<v Speaker 7>an age when we're watching the job market die right

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<v Speaker 7>in front of our face. And part of the reason

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<v Speaker 7>why Crypto and ev is going up. They're not saying it.

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<v Speaker 7>These are going to replace most job markets. And when

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<v Speaker 7>they usher in universal basic income, they're going to say, well,

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<v Speaker 7>we gave your gi you guys an opportunity to invest

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<v Speaker 7>in Crypto and Amazon and Tesla when they were super cheap.

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<v Speaker 7>So when I'm saying you have to invest in these

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<v Speaker 7>because in fifteen years, they may be no job market

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<v Speaker 7>the way we see it today. If you don't believe

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<v Speaker 7>that's true, go talk to your aunt's friends, brothers that

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<v Speaker 7>live through two thousand and five. And when two thousand

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<v Speaker 7>and seven came, the job market dramatically change. I remember

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<v Speaker 7>when we were graduating from school, it was like if

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<v Speaker 7>you graduated, you would guarantee the job. Now I know

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<v Speaker 7>people that have masters that can't get a job to

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<v Speaker 7>page eighty thousand a year please be mindful. We are

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<v Speaker 7>witnessing a changing of the guard in.

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<v Speaker 2>Real time UBI Universal Basic income. You think that that's

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<v Speaker 2>something that you just kind of breezed over very quickly.

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<v Speaker 2>You believe that that could actually happen at some point

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<v Speaker 2>in time.

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<v Speaker 7>If the job market continues to be eroded. Absolutely ernest.

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<v Speaker 3>What's up?

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<v Speaker 4>You ever walk into a small business and everything just

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<v Speaker 8>An illegal alien from Guatemala charged with raping a child

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<v Speaker 8>some of the heinous migrant criminals caught because of President

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<v Speaker 8>Donald J. Trump's leadership. I'm christin nom the United States

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<v Speaker 8>Secretary of Homeland Security. Under President Trump, attempted illegal border

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<v Speaker 8>crossings are at the lowest levels ever recorded, and over

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<v Speaker 8>one hundred thousand illegal aliens have been arrested. If you

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<v Speaker 8>are here illegally, your next you will be fine nearly

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<v Speaker 8>one thousand dollars a day, imprisoned and deported, you will

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<v Speaker 8>never return. But if you register using our CBP home

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<v Speaker 8>app and leave now, you could be allowed to return legally.

0:11:20.040 --> 0:11:24.760
<v Speaker 8>Do what's right. Leave now. Under President Trump, America's laws,

0:11:24.920 --> 0:11:26.880
<v Speaker 8>border and families will.

0:11:26.760 --> 0:11:34.400
<v Speaker 3>Be protected sponsored by the United States Department of Homeland Security.

0:11:34.640 --> 0:11:35.920
<v Speaker 3>And they got them in the matrix.

0:11:37.160 --> 0:11:37.920
<v Speaker 5>That's our connection.

0:11:39.280 --> 0:11:43.120
<v Speaker 3>I don't know. We're still good.

0:11:46.040 --> 0:11:50.960
<v Speaker 5>I dunlap has froze. They have them in the matrix.

0:11:52.640 --> 0:11:55.960
<v Speaker 2>Okay, Well, while we wait for Ian to come back online,

0:11:56.240 --> 0:12:04.439
<v Speaker 2>let's talk about XLI as we talk Yeah, XL Y

0:12:05.040 --> 0:12:06.559
<v Speaker 2>so xly.

0:12:07.000 --> 0:12:10.439
<v Speaker 5>Since we're talking about oh there you go.

0:12:10.440 --> 0:12:10.760
<v Speaker 3>You good?

0:12:12.520 --> 0:12:15.520
<v Speaker 6>Yeah, I'm good, I'm good, all right?

0:12:16.000 --> 0:12:19.240
<v Speaker 2>So all right, yeah, so you said if the job

0:12:19.280 --> 0:12:22.600
<v Speaker 2>market continues to suffer in some level of universal income.

0:12:22.760 --> 0:12:23.240
<v Speaker 5>Would have to.

0:12:23.520 --> 0:12:25.640
<v Speaker 6>It's going to be needed to keep the people from revoting.

0:12:27.320 --> 0:12:28.600
<v Speaker 6>You have to, you have to.

0:12:29.400 --> 0:12:32.520
<v Speaker 7>I don't think people go look at historically. Go look

0:12:32.559 --> 0:12:35.600
<v Speaker 7>in nineteen twenty nine and nineteen thirty three, after those

0:12:35.640 --> 0:12:38.720
<v Speaker 7>recessions happened. How much you got some Google it, how

0:12:38.800 --> 0:12:42.920
<v Speaker 7>much the job market declined. The power of the dollar's

0:12:42.960 --> 0:12:45.720
<v Speaker 7>going down. My biggest fear, and I've said it before.

0:12:47.280 --> 0:12:50.240
<v Speaker 7>The talic came through Peter Thiel's fellowship. He made e theory.

0:12:51.040 --> 0:12:53.199
<v Speaker 7>You guys, I've already told you my theory on bitcoin.

0:12:53.679 --> 0:12:57.280
<v Speaker 7>If we get taken off of the petro dollar and

0:12:57.320 --> 0:12:59.679
<v Speaker 7>the Saudis no longer have to buy oil, that is

0:12:59.720 --> 0:13:01.920
<v Speaker 7>the last lynch pin that we need for America to

0:13:02.000 --> 0:13:04.840
<v Speaker 7>have no advantage. Inflation will go through the roof. There's

0:13:04.880 --> 0:13:08.439
<v Speaker 7>a reason why you're seeing Square Tesla all these companies

0:13:08.679 --> 0:13:11.520
<v Speaker 7>look to hedge with crypto in case the warl falls apart.

0:13:12.480 --> 0:13:15.440
<v Speaker 7>Please write this down. The ultimate investment strategy is to

0:13:15.480 --> 0:13:17.480
<v Speaker 7>be able to make money no matter what happens in

0:13:17.520 --> 0:13:20.840
<v Speaker 7>the world, to whether we go to World War three

0:13:21.880 --> 0:13:24.200
<v Speaker 7>or hyperinflation.

0:13:23.720 --> 0:13:25.640
<v Speaker 6>Or we lose our dominant spot.

0:13:25.840 --> 0:13:28.880
<v Speaker 7>You still have to be able to produce make money because,

0:13:28.920 --> 0:13:31.400
<v Speaker 7>like Rashad said before, we have expenses every single day.

0:13:32.120 --> 0:13:34.720
<v Speaker 7>So when you guys are like battling over which assets

0:13:34.720 --> 0:13:36.120
<v Speaker 7>to own, should I do options?

0:13:36.160 --> 0:13:36.880
<v Speaker 6>Long term?

0:13:37.200 --> 0:13:39.440
<v Speaker 7>The answer is to do all and then invest in

0:13:39.440 --> 0:13:42.960
<v Speaker 7>the top ones and then you'll be safe. But in

0:13:43.080 --> 0:13:46.040
<v Speaker 7>order to keep the people from having an absolute riot

0:13:46.160 --> 0:13:47.920
<v Speaker 7>in maybe fifteen twenty years, they may have to do

0:13:48.000 --> 0:13:48.959
<v Speaker 7>universe basic.

0:13:48.760 --> 0:13:49.679
<v Speaker 6>Income for sure.

0:13:52.160 --> 0:13:56.439
<v Speaker 2>Interesting, there is interesting. Well, mind to that one thing

0:13:56.480 --> 0:13:58.360
<v Speaker 2>I wanted to talk about. You said that it's going

0:13:58.400 --> 0:14:01.959
<v Speaker 2>to be the biggest retail season ever. So xl Y

0:14:02.440 --> 0:14:06.400
<v Speaker 2>Consumer Discretionary ETF I can see some positive results.

0:14:06.440 --> 0:14:07.559
<v Speaker 3>Yeah, we're seeing it run right now.

0:14:07.559 --> 0:14:09.680
<v Speaker 4>We saw it run obviously because and we said shout

0:14:09.679 --> 0:14:11.520
<v Speaker 4>out to t Tad gave me the exact number was

0:14:11.559 --> 0:14:15.080
<v Speaker 4>sixteen nine allocation the Tesla, But the number one allocation

0:14:15.120 --> 0:14:18.600
<v Speaker 4>in XOI ETF is is Amazon at twenty two percent.

0:14:18.960 --> 0:14:21.480
<v Speaker 3>Yeah, and so again, if I'm bullish on.

0:14:21.480 --> 0:14:24.120
<v Speaker 4>Amazon the company itself, of course I'm gonna be bullish

0:14:24.520 --> 0:14:26.920
<v Speaker 4>on the ETF that has a large allocation of it,

0:14:27.040 --> 0:14:29.920
<v Speaker 4>plus it has Tesla in it. Those two companies alone

0:14:30.360 --> 0:14:33.280
<v Speaker 4>outside of anything else that's in there. That's almost forty percent,

0:14:33.920 --> 0:14:35.760
<v Speaker 4>almost forty percent of the entire ETF.

0:14:36.440 --> 0:14:39.160
<v Speaker 7>I mean, if you're buying stuff online, and for everyone watching,

0:14:39.240 --> 0:14:42.080
<v Speaker 7>it's a good question to ask. If you're buying stuff

0:14:42.120 --> 0:14:44.200
<v Speaker 7>online and you don't use Amazon.

0:14:44.160 --> 0:14:48.640
<v Speaker 6>What's the better alternative? Shopifies and stock Club? It's not better?

0:14:49.600 --> 0:14:50.040
<v Speaker 6>What do you use?

0:14:50.080 --> 0:14:55.000
<v Speaker 7>The Walmart dot Com? Ups is at great? Etsy is okay?

0:14:55.520 --> 0:14:58.520
<v Speaker 7>Wish disaster. If you want the young jock Halloween mask,

0:14:58.600 --> 0:15:01.200
<v Speaker 7>you could have one on Wish. I always think like,

0:15:01.280 --> 0:15:04.040
<v Speaker 7>who is the best at what they do? This is

0:15:04.080 --> 0:15:06.640
<v Speaker 7>why I hank my hat on being the best at investing.

0:15:07.680 --> 0:15:11.000
<v Speaker 7>They're showing you in real time media who's best. You

0:15:11.080 --> 0:15:13.040
<v Speaker 7>have to hang your hat on those that are at

0:15:13.080 --> 0:15:15.720
<v Speaker 7>best in the world at what they do. And that's

0:15:15.760 --> 0:15:17.680
<v Speaker 7>an easy formula. Even if you go back to the

0:15:17.760 --> 0:15:22.440
<v Speaker 7>nineteen eighties, if you're looking at steel oil, nineteen sixties

0:15:22.480 --> 0:15:25.960
<v Speaker 7>was Ford, That formula works for every single era.

0:15:26.280 --> 0:15:27.680
<v Speaker 6>Like who is the best at crypto?

0:15:28.520 --> 0:15:31.680
<v Speaker 7>If you're looking at in terms of holding value or

0:15:31.720 --> 0:15:35.480
<v Speaker 7>store value, it's Bitcoin. If it's ability to create projects,

0:15:35.520 --> 0:15:37.560
<v Speaker 7>you can argue ethereum, please write that down.

0:15:37.600 --> 0:15:39.680
<v Speaker 6>The number one in this space is always the best

0:15:39.680 --> 0:15:40.440
<v Speaker 6>one to invest in.

0:15:42.320 --> 0:15:43.840
<v Speaker 2>And that's that's one of the reason why I really

0:15:43.880 --> 0:15:46.440
<v Speaker 2>love ets is because it's like, like, so take xly,

0:15:46.840 --> 0:15:49.840
<v Speaker 2>twenty two percent is in Amazon, fifteen percent is in Tesla,

0:15:50.640 --> 0:15:53.080
<v Speaker 2>So let's just talk about that right quick. A lot

0:15:53.120 --> 0:15:55.200
<v Speaker 2>of people don't like Tesla because they feel like it's

0:15:55.200 --> 0:15:58.320
<v Speaker 2>too volatile and it's very risky, and it's at an

0:15:58.320 --> 0:15:59.760
<v Speaker 2>all time high and it's you know, it's kind of

0:15:59.800 --> 0:16:02.720
<v Speaker 2>over inflated. Some people might think, so this is why,

0:16:02.800 --> 0:16:04.600
<v Speaker 2>you know, you can invest in the ETF and you

0:16:04.680 --> 0:16:07.760
<v Speaker 2>actually get Tesla exposure without actually investing. Then Amazon is

0:16:07.760 --> 0:16:10.080
<v Speaker 2>another one where people think like, well, as you know

0:16:10.360 --> 0:16:12.520
<v Speaker 2>up there and price, and I might not have enough

0:16:12.560 --> 0:16:14.400
<v Speaker 2>money to buy one share and it's not gonna make

0:16:14.400 --> 0:16:16.240
<v Speaker 2>a difference because I don't have enough money. So now

0:16:16.720 --> 0:16:20.360
<v Speaker 2>you know, the ETF once again gives you exposure almost

0:16:20.400 --> 0:16:23.000
<v Speaker 2>a quarter of your portfolio to Amazon without actually, you know,

0:16:23.080 --> 0:16:25.560
<v Speaker 2>putting three thousand dollars on Amazon stock. But then also

0:16:25.680 --> 0:16:30.120
<v Speaker 2>in in that ETF has Home Depot, McDonald's, low Start,

0:16:30.680 --> 0:16:34.640
<v Speaker 2>Starbucks target Target, so you know, it's a lot of

0:16:35.480 --> 0:16:37.640
<v Speaker 2>it's a lot of good companies in there, and yeah,

0:16:37.880 --> 0:16:41.360
<v Speaker 2>people consuming discression. People start to spend money. All of

0:16:41.400 --> 0:16:44.280
<v Speaker 2>those companies are going to get patronized. McDonald's say what

0:16:44.320 --> 0:16:45.560
<v Speaker 2>you want about them, and.

0:16:46.240 --> 0:16:48.360
<v Speaker 6>A business of all time on a real estate sign.

0:16:49.680 --> 0:16:50.600
<v Speaker 3>Easy easily.

0:16:50.920 --> 0:16:52.840
<v Speaker 5>They're not going out of business no matter what.

0:16:53.240 --> 0:16:54.680
<v Speaker 3>Depots not going anywhere, y'ah.

0:16:55.360 --> 0:16:59.320
<v Speaker 2>Nike Lows. People don't don't think about Lows enough. We

0:16:59.360 --> 0:17:01.120
<v Speaker 2>talk about realist. Shout out to Matt. We talk about

0:17:01.120 --> 0:17:03.640
<v Speaker 2>real estate all the time. Lows is like the cornerstone

0:17:03.720 --> 0:17:06.159
<v Speaker 2>for all of these real estate guys, all and all

0:17:06.160 --> 0:17:06.560
<v Speaker 2>that they have.

0:17:07.000 --> 0:17:08.560
<v Speaker 5>They's been thousands of dollars in Lows.

0:17:08.560 --> 0:17:08.720
<v Speaker 6>Man.

0:17:08.760 --> 0:17:10.360
<v Speaker 7>I tell my dad all the time, you need nothing

0:17:10.400 --> 0:17:14.080
<v Speaker 7>else but home depot, Lows, Apple, Microsoft, because like people

0:17:14.080 --> 0:17:18.080
<v Speaker 7>in construction, you guys prop up and this is what

0:17:18.119 --> 0:17:19.640
<v Speaker 7>I love to do. I was in Galleria last week.

0:17:19.640 --> 0:17:21.880
<v Speaker 7>I went to Apple to buy some wire headphones because

0:17:21.880 --> 0:17:25.280
<v Speaker 7>I lost my AirPods. Right, I'm like, how many cells

0:17:25.280 --> 0:17:26.920
<v Speaker 7>you guys just eleven o'clock? He was like, they did

0:17:26.960 --> 0:17:30.720
<v Speaker 7>twenty nine hundred cells by eleven am. When you guys

0:17:30.760 --> 0:17:34.879
<v Speaker 7>are in there buying drywall and sheep rock, you guys

0:17:34.880 --> 0:17:39.080
<v Speaker 7>can see the volume in there, So you guys have accounts.

0:17:39.400 --> 0:17:42.399
<v Speaker 7>You know, infrastructure is never going to go away, and

0:17:42.480 --> 0:17:46.640
<v Speaker 7>major cities people are still going to build. Just invest

0:17:46.680 --> 0:17:49.919
<v Speaker 7>in in quality across the board, and even better with

0:17:50.000 --> 0:17:53.840
<v Speaker 7>the volatility thing con ed. Volatility is higher for my

0:17:53.960 --> 0:17:58.280
<v Speaker 7>people back at home, nipscolle, Prices for heating is higher.

0:17:58.359 --> 0:18:02.120
<v Speaker 7>Like the rate of return that you're gonna get, it's

0:18:02.200 --> 0:18:04.760
<v Speaker 7>going to be offset by the volatility. So the more

0:18:04.880 --> 0:18:06.520
<v Speaker 7>return that you want, So if you want something that

0:18:06.600 --> 0:18:09.760
<v Speaker 7>grows one hundred and fifty percent in a year, it

0:18:09.840 --> 0:18:12.320
<v Speaker 7>may be a chance that you get a twenty five

0:18:12.320 --> 0:18:16.000
<v Speaker 7>percent draw down. But a quality company that it's best

0:18:16.000 --> 0:18:17.560
<v Speaker 7>in its class is not going to draw down one

0:18:17.600 --> 0:18:19.440
<v Speaker 7>hundred percent. You're not going to lose. Even if you

0:18:19.520 --> 0:18:21.240
<v Speaker 7>bout the absolute top, it's not going to go from

0:18:21.280 --> 0:18:23.959
<v Speaker 7>top to bottom and you get wiped out. You have

0:18:24.000 --> 0:18:28.400
<v Speaker 7>to stop worrying about volatility and quality companies and realize.

0:18:28.000 --> 0:18:31.080
<v Speaker 6>Those are the places in which you should be buying

0:18:31.560 --> 0:18:31.960
<v Speaker 6>the most.

0:18:31.960 --> 0:18:35.439
<v Speaker 7>So like when Tesla was in the six hundred and

0:18:35.440 --> 0:18:37.200
<v Speaker 7>twenty range and I told you guys, it was gonna

0:18:37.200 --> 0:18:40.400
<v Speaker 7>come down, it's to pass every estimate, and then shot

0:18:40.480 --> 0:18:43.200
<v Speaker 7>up now said eleven fifty four. But look you would

0:18:43.200 --> 0:18:46.520
<v Speaker 7>have doubled your money pretty much from June had you

0:18:46.640 --> 0:18:47.480
<v Speaker 7>just listening.

0:18:49.040 --> 0:18:54.280
<v Speaker 2>My graduates from my school being forced back drop bag drop,

0:18:54.920 --> 0:18:57.359
<v Speaker 2>Mike drop back drop drop.

0:19:08.920 --> 0:19:12.520
<v Speaker 8>An illegal alien from Guatemala charged with raping a child

0:19:12.600 --> 0:19:16.399
<v Speaker 8>in Massachusetts. An MS thirteen gang member from Al Salvador

0:19:16.640 --> 0:19:20.760
<v Speaker 8>accused of murdering a Texas man of Venezuelan charged with

0:19:20.840 --> 0:19:24.720
<v Speaker 8>filming and selling child pornography in Michigan. These are just

0:19:24.840 --> 0:19:28.600
<v Speaker 8>some of the heinous migrant criminals caught because of President

0:19:28.640 --> 0:19:32.240
<v Speaker 8>Donald J. Trump's leadership. I'm Christy Noman, the United States

0:19:32.240 --> 0:19:37.040
<v Speaker 8>Secretary of Homeland Security. Under President Trump, attempted illegal border

0:19:37.080 --> 0:19:40.600
<v Speaker 8>crossings are at the lowest levels ever recorded, and over

0:19:40.680 --> 0:19:43.879
<v Speaker 8>one hundred thousand illegal aliens have been arrested. If you

0:19:43.960 --> 0:19:47.800
<v Speaker 8>are here illegally, your next you will be fined nearly

0:19:47.920 --> 0:19:51.920
<v Speaker 8>one thousand dollars a day, imprisoned, and deported. You will

0:19:51.960 --> 0:19:55.600
<v Speaker 8>never return. But if you register using our CBP home

0:19:55.640 --> 0:19:59.000
<v Speaker 8>app and leave now, you could be allowed to return legally.

0:19:59.359 --> 0:20:04.720
<v Speaker 8>Do what's leave now. Under President Trump, America's laws, border

0:20:04.920 --> 0:20:06.760
<v Speaker 8>and families will be protected.

0:20:06.840 --> 0:20:08.959
<v Speaker 6>Sponsored by the United States Department of Homeland Security,