WEBVTT - Study Hall: Investing Secrets for 2024: Long-Term Growth in Tech and Healthcare Revealed 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 --> 0:00:20.159 Donald J. 0:00:20.239 --> 0:00:21.200 Trump's leadership. 0:00:21.480 --> 0:00:25.079 I'm Christy nom the United States Secretary of Homeland Security. 0:00:25.440 --> 0:00:29.200 Under President Trump, attempted illegal border crossings are at the 0:00:29.240 --> 0:00:33.080 lowest levels ever recorded, and over one hundred thousand illegal 0:00:33.120 --> 0:00:36.920 aliens have been arrested. If you are here illegally, your 0:00:37.040 --> 0:00:41.160 next you will be fined nearly one thousand dollars a day, imprisoned, 0:00:41.479 --> 0:00:42.160 and deported. 0:00:42.600 --> 0:00:43.800 You will never return. 0:00:44.120 --> 0:00:47.120 But if you register using our CBP home app and 0:00:47.240 --> 0:00:50.120 leave now, you could be allowed to return legally. 0:00:50.479 --> 0:00:52.720 Do what's right. Leave now. 0:00:53.040 --> 0:00:57.840 Under President Trump, America's laws, border and families will be protected. 0:00:57.920 --> 0:01:01.920 Sponsored by the United States Department of Homeland Security. 0:01:03.040 --> 0:01:05.640 This episode of The Market Monday's World Tour is brought 0:01:05.640 --> 0:01:34.880 to you with limited interruption by Ally. 0:01:23.000 --> 0:01:23.679 Toast The. 0:01:28.880 --> 0:01:34.759 Good Time, for the unforgettable moments, you say, for we're 0:01:34.760 --> 0:01:36.800 all better off with an Ally a part in the 0:01:36.840 --> 0:01:39.200 Scottish fly Away. 0:01:40.640 --> 0:01:41.720 I deserve to be happy. 0:01:43.640 --> 0:01:45.560 No no, no, no, no no, We're gonna do this with 0:01:45.600 --> 0:01:49.840 some energy. I deserve to be happy. Yes, I deserve 0:01:49.920 --> 0:01:54.919 to be rich. I deserve to be wealthy. I deserve 0:01:55.000 --> 0:01:55.520 to be free. 0:01:57.080 --> 0:01:58.840 If I made you money, can I get a hell yeah, 0:02:00.040 --> 0:02:03.800 let's get to it. Let's yo, hell yeah, yeah yo. 0:02:04.440 --> 0:02:07.040 We're not going to act like it's an everyday thing 0:02:07.080 --> 0:02:12.240 to do a show and Ghana. Man, it's outdoors, first 0:02:12.280 --> 0:02:15.640 time I think ever a history. So then once again, 0:02:15.639 --> 0:02:15.919 we don't. 0:02:15.919 --> 0:02:16.160 We don't. 0:02:16.160 --> 0:02:18.320 We don't take this for granted. So before we start 0:02:18.400 --> 0:02:20.799 the show, we want to think treehouse. We want to 0:02:20.800 --> 0:02:23.040 thank the owners. We want to think all our help 0:02:23.120 --> 0:02:26.200 that's been on the ground. The hospitality has been amazing 0:02:26.280 --> 0:02:29.040 since we arrived. And you know that's something that is 0:02:29.080 --> 0:02:31.760 extremely helpful and beneficial for us coming from you know, 0:02:31.840 --> 0:02:34.160 a different country. So thank you to all of our 0:02:34.240 --> 0:02:36.720 all of our brothers and sisters on the continent that 0:02:36.840 --> 0:02:39.919 have assisted us for a long time putting this together. 0:02:40.040 --> 0:02:40.720 Thank you to A B. 0:02:41.520 --> 0:02:43.560 Thank you to Mike, thank you to the whole team. Man, 0:02:43.720 --> 0:02:46.360 it takes a lot to put this type of event together. 0:02:46.520 --> 0:02:48.920 So before we start, we definitely wanted to you know, 0:02:49.000 --> 0:02:49.960 acknowledge the people. 0:02:50.000 --> 0:02:55.320 Please clap it up for them, and we don't get 0:02:55.320 --> 0:02:57.000 here without the financing to get here. 0:02:57.360 --> 0:02:58.760 So again I want to shout out Ally. 0:02:59.639 --> 0:03:01.520 Yeah, been one of the companies that's believed in us 0:03:01.520 --> 0:03:04.640 from the beginning and understood the importance of financial education 0:03:05.040 --> 0:03:07.760 from the initiative and financial solutions to being the company 0:03:07.760 --> 0:03:09.960 that's relantan sty focused on doing it right. And if 0:03:10.000 --> 0:03:12.160 you've watched market Moneys for the past three years, you 0:03:12.200 --> 0:03:14.600 know that they've been rocking with us before anybody even 0:03:14.720 --> 0:03:16.799 was paying attention. Ally wasn't paying attention. So we want 0:03:16.840 --> 0:03:19.400 to give them a huge shout out. And so you 0:03:19.440 --> 0:03:21.040 know how this goes Man, shout out to them. And 0:03:21.120 --> 0:03:23.320 if you want to get with the Allied, head over 0:03:23.320 --> 0:03:26.040 to Ally dot com. Shout out to him again, shout 0:03:26.040 --> 0:03:28.520 out to Ally. H All right, let's get into this. 0:03:28.760 --> 0:03:31.080 So Ian, Yes, I want to get you your opinion. 0:03:31.080 --> 0:03:34.120 And Troy Chumman, it's too you know a lot of 0:03:34.120 --> 0:03:35.360 people here and want to make money. 0:03:35.400 --> 0:03:39.360 Everybody here, wellyn't here to make money or no. So 0:03:39.440 --> 0:03:43.200 what's the number one sector that you're most excited about 0:03:43.520 --> 0:03:45.960 for twenty twenty four and why. 0:03:46.120 --> 0:03:50.200 Hands down is technology and if a second one healthcare. 0:03:50.680 --> 0:03:53.880 Here's why tech is going to run the landscape for 0:03:53.920 --> 0:03:58.560 the next fifteen years. I'm begging everyone here. If you thought. 0:03:58.720 --> 0:04:03.840 Twenty twenty three, what's great, hit new highs, twenty twenty 0:04:03.880 --> 0:04:06.720 four will be even better. And let's be honest, we 0:04:06.840 --> 0:04:09.560 all have iPhone, We're all on our phones all day. 0:04:09.880 --> 0:04:12.040 The number one sector that's gonna make you the most 0:04:12.080 --> 0:04:14.920 money over the next ten to fifteen years, hands down 0:04:15.320 --> 0:04:18.000 is tech. Any of you invested in Apple, Microsoft, and 0:04:18.080 --> 0:04:19.880 Video AMD, right? 0:04:20.440 --> 0:04:22.920 You up this year or no way up? 0:04:23.240 --> 0:04:26.719 So as the decade progresses, and let's say, if we 0:04:26.760 --> 0:04:30.000 have a change in leadership in the White House over 0:04:30.040 --> 0:04:32.680 the next four to eight years, you're gonna see them 0:04:32.720 --> 0:04:35.560 have more control in the United States of America and 0:04:35.600 --> 0:04:37.839 as a result, those companies should go up five hundred 0:04:37.880 --> 0:04:40.080 to eight hundred percent over the next eight to nine years. 0:04:40.200 --> 0:04:42.840 So let's talk about some companies. We'll give them me say, 0:04:43.200 --> 0:04:45.080 can I go go ahead? And I'm gonna go man, 0:04:45.120 --> 0:04:47.719 I'm with you, I'm gonna go even more. Right, So 0:04:47.760 --> 0:04:50.040 we talked about technology as a sector. I'm gonna go 0:04:50.080 --> 0:04:52.880 a little bit deeper to dive inside of technology. Love semis, 0:04:53.360 --> 0:04:56.159 but I love everything in the AI ecosystem, and I 0:04:56.160 --> 0:04:57.839 think that's the best way to pull at the AI 0:04:57.920 --> 0:05:01.760 ecosystem because most people know open Ai, they know chat, GBT, 0:05:01.920 --> 0:05:04.920 they know some of these programs. But companies are being 0:05:04.920 --> 0:05:07.680 built and companies are being altered in order to make profit. 0:05:08.000 --> 0:05:10.920 So we talked about HubSpot, right, We're talked about CRMs, 0:05:10.920 --> 0:05:13.000 and we talked about Salesforce. I'm gonna give you two 0:05:13.000 --> 0:05:15.479 companies right down that I'm definitely gonna have on my 0:05:15.520 --> 0:05:17.760 list and you should have on yours. The first one 0:05:17.839 --> 0:05:21.440 is cloud cloud Fair, So the ticker is n e 0:05:21.520 --> 0:05:23.640 T and so what does cloud Fair do? This is 0:05:23.720 --> 0:05:25.680 very important, right, So if you ever going to open ai, 0:05:25.920 --> 0:05:27.400 and you'll probably do it all the time, you know, 0:05:27.440 --> 0:05:30.120 when you're trying to verify something and they tell you 0:05:31.320 --> 0:05:33.839 if there's a bicycle in the picture, click the picture 0:05:34.080 --> 0:05:36.680 these buttons, right, these are security measures, right, and you 0:05:36.720 --> 0:05:38.960 never knew who the company that's doing it. Cloud Fair 0:05:39.000 --> 0:05:40.599 is the company that's doing it. So cloud Fair is 0:05:40.600 --> 0:05:43.920 definitely on my watch list. The ticker again is n 0:05:44.000 --> 0:05:46.920 ET and my second one and probably my favorite outside 0:05:46.920 --> 0:05:49.520 of the HubSpot which was incredible this year, is going 0:05:49.600 --> 0:05:53.760 to be a s mL A s mL right down. 0:05:54.160 --> 0:05:55.359 And why are they so important? 0:05:55.440 --> 0:05:58.039 Because yes, in Nvidia went up two hundred and thirty 0:05:58.080 --> 0:06:01.920 seven percent this year. Incredible, AMD is we're starting to 0:06:01.960 --> 0:06:04.080 see as a competitor in that space, trying to be 0:06:04.520 --> 0:06:07.159 a cheaper alternative to what in Vidia has done. Great, 0:06:07.720 --> 0:06:11.040 but they don't manufacture their chips, right, They designed chips, 0:06:11.040 --> 0:06:14.200 but they don't manufacture, and so what does ASML do. 0:06:14.560 --> 0:06:17.520 They're the ones that manufacture the chips for all these companies. 0:06:17.640 --> 0:06:20.479 They're a Swedish company. And so if we have an 0:06:20.520 --> 0:06:22.560 influx of AI and we know that the chips are 0:06:22.560 --> 0:06:24.839 going to be needed, it's great to design them, but 0:06:24.920 --> 0:06:27.239 the company that's actually going to be making them become 0:06:27.400 --> 0:06:30.440 super important. And what's the key about ASML is they're 0:06:30.480 --> 0:06:34.960 the only company in the world, only company in the 0:06:34.960 --> 0:06:37.440 world that can design the graphic chips for in video 0:06:37.520 --> 0:06:39.200 and AMD because they have the technology. 0:06:39.400 --> 0:06:40.040 So those are. 0:06:39.880 --> 0:06:42.040 Two when I talk about the AI ecosystem that I'm 0:06:42.080 --> 0:06:43.720 looking at that are definitely on the watch list for. 0:06:43.640 --> 0:06:44.360 Twenty Cloud Fair. 0:06:44.400 --> 0:06:45.920 We met the CEO I was gonna say that we 0:06:46.000 --> 0:06:49.240 met them in randomly with in Davos and we were 0:06:49.240 --> 0:06:51.680 at a party and you called me over and said, Troy, 0:06:51.720 --> 0:06:53.080 I want you to meet this guy's to the CEO. 0:06:53.320 --> 0:06:55.560 His company's called cloud There. It's first time I even 0:06:55.600 --> 0:06:57.360 heard of it, right, I was like, Okay, this is great. 0:06:57.680 --> 0:06:59.359 And then I'm doing the research and I'm watching a 0:06:59.360 --> 0:07:02.400 company and yeah, yeah, they're up eighty six percent this year, 0:07:02.440 --> 0:07:04.760 which is we'll get into that later, but there's still 0:07:04.760 --> 0:07:05.599 so much room to grow. 0:07:05.760 --> 0:07:05.920 Right. 0:07:05.960 --> 0:07:07.599 So, if we're talking about AI, and it's on the 0:07:07.600 --> 0:07:11.240 forefront of every conversation, when it comes to invest in that, 0:07:11.320 --> 0:07:13.840 we need to look at the infrastructure that's being built 0:07:13.960 --> 0:07:16.920 around it, whether it be from companies in the security space, 0:07:16.960 --> 0:07:19.640 so cloud fare or a CrowdStrike or a z scaler. 0:07:20.040 --> 0:07:22.000 These companies are the ones that we have to watch 0:07:22.160 --> 0:07:25.040 rather than say, all right, and video is up two 0:07:25.120 --> 0:07:27.800 hundred and thirty percent, it's left the building. No, there's 0:07:27.840 --> 0:07:29.440 companies that you can invest in that are going to 0:07:29.480 --> 0:07:30.560 benefit from all of us. 0:07:30.680 --> 0:07:31.360 And here's the thing. 0:07:31.560 --> 0:07:34.000 Every decade, they have a sector that they push to 0:07:34.040 --> 0:07:37.040 be number one. So like in five to eighty it 0:07:37.080 --> 0:07:39.360 was all social media. We've gotten all the games from 0:07:39.360 --> 0:07:42.200 social media. The era that we are in now is AI, 0:07:42.840 --> 0:07:46.680 so Apple, Microsoft of course and Video AMD. We've ran 0:07:46.720 --> 0:07:48.920 into the CEO of Visa at the White House a 0:07:48.920 --> 0:07:49.520 couple of weeks ago. 0:07:49.600 --> 0:07:50.600 This is true. Write this down. 0:07:50.720 --> 0:07:53.520 Visa would be pretty big and Amazon is going to 0:07:53.560 --> 0:07:55.880 do incredibly well over these next few years. But now 0:07:55.920 --> 0:07:59.640 you're going to see Amazon push forward and the government 0:07:59.680 --> 0:08:02.360 is going to help. Here's how, for the first time 0:08:02.400 --> 0:08:06.200 in history, they change the definition of recession so that 0:08:06.240 --> 0:08:08.760 the money flow wouldn't stop, so they can push the 0:08:08.800 --> 0:08:11.600 new industry that they want to push. Keep your eyes 0:08:11.640 --> 0:08:15.800 on how often in Video AMD, Apple, Microsoft, Tasela is 0:08:15.800 --> 0:08:18.360 at the White House. It'll tell you how much they're 0:08:18.360 --> 0:08:20.040 going to go up. But I think in videos she'll 0:08:20.040 --> 0:08:22.000 push up another one hundred percent next year. Yeah, and 0:08:22.040 --> 0:08:23.480 then like four or five years you should be up 0:08:23.480 --> 0:08:24.400 five or six hundred percent. 0:08:24.520 --> 0:08:26.080 Yeah. And the conditions of showing. 0:08:25.760 --> 0:08:28.440 That, right, Like, if we're talking about interest rates being risen, 0:08:28.520 --> 0:08:31.680 we know that that affects disproportionately tech companies. Right when 0:08:31.680 --> 0:08:33.360 we talk about the cost of labor the course of 0:08:33.400 --> 0:08:36.600 produced technology, it costs more. But when we hear the 0:08:36.600 --> 0:08:40.560 FED talking about dropping interest rates three times throughout the year. Well, 0:08:40.559 --> 0:08:42.679 that means that the environment's gonna change. This is now 0:08:42.679 --> 0:08:45.240 a sected that, Yeah, we had a great twenty twenty three, 0:08:45.280 --> 0:08:47.360 but it also looks very optimistic for twenty twenty. 0:08:47.200 --> 0:08:52.160 Four because if you're president, you can't have interest rates 0:08:52.200 --> 0:08:54.680 go up high and the money goes down low. Right, Ladies, 0:08:54.720 --> 0:08:56.480 Like if your man money keep going down year over 0:08:56.600 --> 0:08:58.719 year after four years, at some point you're gonna need 0:08:58.720 --> 0:08:59.079 a new man. 0:08:59.160 --> 0:08:59.319 Right. 0:09:00.280 --> 0:09:04.280 The president is the financial father or leader of the country. 0:09:04.320 --> 0:09:06.440 If he's not providing great games, he has to go. 0:09:06.520 --> 0:09:08.600 They're going to make sure going into this election that 0:09:08.640 --> 0:09:09.600 those rates are lower. 0:09:09.679 --> 0:09:11.160 And I want to even back up a little bit 0:09:11.160 --> 0:09:13.560 because we hadn't we usually do this, but I want 0:09:13.559 --> 0:09:16.400 to just say why investment is even important. Everybody here, 0:09:16.440 --> 0:09:18.640 I'm sure they probably already watched market mondays, but I 0:09:18.679 --> 0:09:20.600 think it's still important to trill at home as far 0:09:20.600 --> 0:09:25.080 as you're never gonna be able to get rich or 0:09:25.120 --> 0:09:28.480 financially secure by just working a job unless your job 0:09:28.559 --> 0:09:31.520 is like, you know, a professional football player or something 0:09:31.559 --> 0:09:31.800 like that. 0:09:31.880 --> 0:09:32.600 Right, But for the. 0:09:32.480 --> 0:09:37.679 Most part, the idea that work harder and you're you're 0:09:37.720 --> 0:09:40.760 gonna make more money is something that's not gonna work 0:09:40.840 --> 0:09:43.600 for you, right, So I want you to talk about, like, 0:09:43.640 --> 0:09:46.439 you know, some of these companies, like what's the return 0:09:46.559 --> 0:09:50.360 on Walmart, what's the return on Apple? What's the so 0:09:50.480 --> 0:09:52.240 they could just kind of visually see it for a 0:09:52.280 --> 0:09:56.400 twenty year timeframe. It's like, you know, this is extremely important. 0:09:56.720 --> 0:10:00.160 The only way that you'll ever be able to have 0:10:00.240 --> 0:10:03.000 freedom is if your money is working for you, right. 0:10:03.040 --> 0:10:06.920 And you know what's crazy. Geezy actually said this and 0:10:06.960 --> 0:10:09.240 it was very insightful. He was like, it was a 0:10:09.320 --> 0:10:11.520 room full of people and he was like, who's your 0:10:11.520 --> 0:10:14.679 heart is working employee? And some people was like, you know, 0:10:15.120 --> 0:10:18.400 my accounting or my assistant or myself, I'm my hardest 0:10:18.440 --> 0:10:23.480 working employees. Like everybody answered it incorrectly. If your heart 0:10:23.520 --> 0:10:27.080 is working employee, it's not your money, then you're not 0:10:27.160 --> 0:10:30.120 doing something correctly. Your money has to work harder for 0:10:30.160 --> 0:10:32.560 you than anybody else. The money has to work twenty 0:10:32.600 --> 0:10:35.640 four hours a day. So I want you to kind of, 0:10:35.679 --> 0:10:38.240 you know, crystallize that you can pick whatever companies. I know, 0:10:38.280 --> 0:10:42.040 you know a lot of the returns twenty thirty years 0:10:42.040 --> 0:10:43.600 ago as of where they are now. 0:10:43.960 --> 0:10:46.200 I mean, if you look at companies like monsters, some 0:10:46.280 --> 0:10:49.800 of them are monsters up fifty percent since inception. 0:10:50.280 --> 0:10:52.720 Like you ever heard, the investment is boring. 0:10:53.240 --> 0:10:55.400 So they'll push you to options or let's say trade 0:10:55.400 --> 0:10:58.000 and we'll talk about a lot that tonight. But like Apple, 0:10:58.160 --> 0:11:00.680 since the beginning of the company has been found, it 0:11:00.720 --> 0:11:01.920 is up three hundred and. 0:11:01.840 --> 0:11:03.000 Thirty eight thousand percent. 0:11:03.600 --> 0:11:07.040 Ten grand back then would have turned into thirty five million. 0:11:07.360 --> 0:11:09.720 I don't know about you, but I have some cousins 0:11:09.720 --> 0:11:11.319 and family members who's in the street that had ten 0:11:11.360 --> 0:11:13.840 grand that I wish they would have pushed that into Apple, 0:11:14.120 --> 0:11:16.440 So we can break down that thirty five million together. 0:11:16.880 --> 0:11:20.160 We're the only community on Earth that they tell investment 0:11:20.280 --> 0:11:22.800 is born, and they'll push us into industries that will 0:11:22.840 --> 0:11:25.439 cause us to risk our life or we won't get 0:11:25.440 --> 0:11:28.000 that much money out of it, the music industry, the 0:11:28.160 --> 0:11:29.080 entertainment industry. 0:11:29.120 --> 0:11:31.080 Meanwhile, fortunes have been. 0:11:30.920 --> 0:11:34.079 Made here by the same products that we use every 0:11:34.160 --> 0:11:37.840 day that they use our capital and our clout being 0:11:37.880 --> 0:11:41.319 African Americans and Africans to make their companies more profitable. 0:11:41.679 --> 0:11:43.120 So that's the reason why you have to invest. And 0:11:43.160 --> 0:11:44.880 also too, inflation has. 0:11:44.800 --> 0:11:47.640 Gone up higher and quicker than I've ever seen in life. 0:11:48.160 --> 0:11:51.120 Some food costs of double or tripled in some cases. 0:11:51.960 --> 0:11:55.240 New York rent insane. I'm here in apartments here, getting 0:11:55.240 --> 0:11:57.480 a bit by price here. If you do not have 0:11:57.520 --> 0:12:00.400 your money work for you, the government and powers that 0:12:00.440 --> 0:12:02.080 be are going to make sure that your dollar is 0:12:02.120 --> 0:12:04.880 not worth as much so that they can control you. 0:12:04.920 --> 0:12:07.480 The number one hedge fun on Earth has a plan 0:12:07.559 --> 0:12:11.000 to be the landlord to every continent on Earth. If 0:12:11.040 --> 0:12:13.959 you do not invest enough in five or ten years, 0:12:14.120 --> 0:12:16.040 we're end up being a permanent underclass when we have 0:12:16.160 --> 0:12:19.800 to twenty and fifty three as blacks to settle that score. 0:12:20.200 --> 0:12:22.000 And if we don't move faster as a collective, we're 0:12:22.000 --> 0:12:23.160 going to be in a lot of trouble. 0:12:24.120 --> 0:12:26.600 It's our only way to freedom. Right when we talk 0:12:26.640 --> 0:12:29.360 about freedom and we talk about the word leisure, investing 0:12:29.480 --> 0:12:31.280 is the only way to get to that point. And 0:12:31.440 --> 0:12:33.240 the reason why it's so important is because it's the 0:12:33.240 --> 0:12:34.640 one thing that nobody teaches us. 0:12:35.200 --> 0:12:35.360 Right. 0:12:35.559 --> 0:12:39.359 I come from education where never was there a conversation 0:12:39.520 --> 0:12:42.400 about finance, or was there a conversation about real estate? 0:12:42.480 --> 0:12:46.440 Was there questions or answers about how do I do 0:12:46.520 --> 0:12:48.920 my taxes. None of these things are ever brought up 0:12:48.920 --> 0:12:51.080 even to the point of student loan. Right, So like 0:12:51.400 --> 0:12:53.520 when you think about that as a ton very intentionally, 0:12:53.559 --> 0:12:56.839 it keeps a class of citizens at a very uneducated 0:12:56.880 --> 0:12:59.559 pace by design, by design, so that there's people that. 0:12:59.520 --> 0:13:01.880 Will all always be educated and always take advantage. 0:13:01.960 --> 0:13:02.040 Right. 0:13:02.040 --> 0:13:04.520 There's always predators in prey, right, so if you're not 0:13:04.640 --> 0:13:08.360 financial predator, then you're the prey prayer. And so our 0:13:08.440 --> 0:13:10.960 job and that's the reason why it's important that we 0:13:11.080 --> 0:13:14.880 had market Money's toured throughout three different continents was to say, look, 0:13:15.280 --> 0:13:17.440 we got some information. We want to educate, but we 0:13:17.480 --> 0:13:19.520 want to get as many people at a younger age 0:13:19.520 --> 0:13:22.240 so that when they are able to apply it and 0:13:22.320 --> 0:13:24.360 use the information to their advantage, they're going to be 0:13:24.440 --> 0:13:26.400 so further ahead. But it doesn't stop with just the 0:13:26.400 --> 0:13:28.280 people who comes. They got to go back to their 0:13:28.280 --> 0:13:30.640 neighborhood give the information out. Because one thing we know 0:13:30.679 --> 0:13:32.600 for sure is not being taught in schools where we're at, 0:13:32.800 --> 0:13:34.600 and I doubt that it's being taught in schools here, 0:13:35.080 --> 0:13:36.160 and so that's the importance of it. 0:13:36.720 --> 0:13:39.920 Always say, is it better to have you working hard 0:13:39.920 --> 0:13:42.280 for your money or having Tim Cook or Elon Musk. 0:13:42.600 --> 0:13:44.439 Who's the better CEO? You or Tim Cook? 0:13:45.360 --> 0:13:47.280 So if you put your money into Apple, you're having 0:13:47.320 --> 0:13:49.880 the best CEO in the world work on your behalf 0:13:50.120 --> 0:13:52.800 twenty four hours a day. Listen, they sold the same 0:13:52.840 --> 0:13:56.880 phone since O seven, updated to software, and we still 0:13:56.920 --> 0:13:59.160 buy it. If you want to be a part of 0:13:59.200 --> 0:14:01.120 a legal cartel, Apple's the best way to go. 0:14:01.960 --> 0:14:03.800 So it's an international crowd too. 0:14:03.920 --> 0:14:06.840 I know people from London here, I know people here, 0:14:06.880 --> 0:14:09.640 I know people from different parts of the world. Cryptocurrency, 0:14:10.800 --> 0:14:14.640 let's talk about crypto. That's something that's a universal situation. 0:14:14.760 --> 0:14:16.880 Even if they tried to ban crypto, you can't ban it, 0:14:16.880 --> 0:14:20.040 can't ban it. So what's your thoughts on crypto bitcoin 0:14:20.080 --> 0:14:21.960 in twenty twenty four. It's a lot of regulation, but 0:14:22.560 --> 0:14:24.560 you know, it's still a lot of speculation as well. 0:14:25.520 --> 0:14:28.400 I think as soon as we got into an industry 0:14:28.960 --> 0:14:31.160 and we began telling each other in rooms like this, 0:14:31.200 --> 0:14:33.280 I don't know, if you guys know, a lot of 0:14:33.280 --> 0:14:34.120 people don't like that. 0:14:34.080 --> 0:14:35.040 This is happening tonight. 0:14:36.040 --> 0:14:38.960 So as soon as bigcoin got popular and we began 0:14:39.040 --> 0:14:41.720 to get into it, all of a sudden it got 0:14:41.720 --> 0:14:44.640 demonized by every bank and every hedge fund on earth 0:14:45.400 --> 0:14:47.000 while they were buying it in London. 0:14:47.560 --> 0:14:48.520 Now they're about to make. 0:14:48.440 --> 0:14:50.960 An ETF out of it, which will probably produced the 0:14:51.000 --> 0:14:54.160 highest return out of any index fund or ETF in history. 0:14:54.840 --> 0:14:57.640 Anytime they start telling black people at scale this investment 0:14:57.720 --> 0:15:00.400 is not good, it's usually a good that it is 0:15:00.400 --> 0:15:01.800 going to go up and they want to price us 0:15:01.800 --> 0:15:02.200 out of it. 0:15:02.520 --> 0:15:03.640 So twenty twenty. 0:15:03.320 --> 0:15:06.200 Four, if we look at returns all time, bitcoin has 0:15:06.240 --> 0:15:09.240 performed the best, twenty twenty four, we're being amazing year 0:15:09.280 --> 0:15:12.240 like bitcoin probably should do on a low end, seventy 0:15:12.280 --> 0:15:13.160 percent return. 0:15:13.320 --> 0:15:14.240 Yeah, we talked about it. 0:15:14.520 --> 0:15:17.280 When you look at asset classes over the past ten years, 0:15:17.560 --> 0:15:21.080 it's number eight, right, Gold is number one, but bitcoin 0:15:21.200 --> 0:15:21.800 is number eight. 0:15:21.880 --> 0:15:23.600 Think about that when you talk about market gap. 0:15:23.760 --> 0:15:26.680 But twenty twenty four specifically is important because if you 0:15:26.720 --> 0:15:29.600 know bitcoin and you understand cryptocurrency, you know that it 0:15:29.640 --> 0:15:32.320 moves in force, right, So that that four year cycle 0:15:32.360 --> 0:15:36.200 of bitcoin after having event is very important. So twenty 0:15:36.240 --> 0:15:39.280 twenty three was year three and we saw one hundred 0:15:39.320 --> 0:15:42.240 and twenty three percent increase, which is incredible. But year 0:15:42.280 --> 0:15:44.000 four is usually the best year, and so I know 0:15:44.040 --> 0:15:46.920 that having event is happening somewhere around April or May. 0:15:47.240 --> 0:15:49.000 And so we've seen the increase. 0:15:49.040 --> 0:15:51.280 We've watched we had a guy on our show say 0:15:51.280 --> 0:15:52.560 that it was going to go to twenty thousand. 0:15:52.640 --> 0:15:53.280 Yep, it did. 0:15:53.680 --> 0:15:55.560 We watched it get to thirty. We watched it get 0:15:55.600 --> 0:15:57.040 up to thirty five, and that was kind of in 0:15:57.080 --> 0:16:00.680 that range where it's steadily increasing the recent but it's 0:16:00.680 --> 0:16:04.560 holding in this thirty to thirty five range. The predictions 0:16:04.600 --> 0:16:07.920 if it does one hundred percent, now you're at sixty thousand, right, 0:16:07.960 --> 0:16:09.720 So when you hear people talking about bitcoin's gonna go 0:16:09.720 --> 0:16:11.520 to one hundred thousand, this is what they're talking about. 0:16:11.520 --> 0:16:14.040 They're talking about that life cycle of that four years. 0:16:14.360 --> 0:16:17.200 Every four years it has its best performance. Twenty twenty 0:16:17.240 --> 0:16:18.800 four is gonna be that year. So if you're not 0:16:18.920 --> 0:16:22.480 investing in it, be a good time, right. But what 0:16:22.520 --> 0:16:24.400 we can always talk about is risk of energement. Right, 0:16:24.400 --> 0:16:26.760 So we want to make sure that your whole portfolio 0:16:26.880 --> 0:16:28.200 is not in bitcoin. 0:16:28.280 --> 0:16:28.440 Right. 0:16:28.600 --> 0:16:30.160 It's a volatile asset. 0:16:30.440 --> 0:16:33.240 Should you have some in there? Absolutely? I would say yes. Right. 0:16:33.240 --> 0:16:35.000 If we're talking about the number one app it's the 0:16:35.080 --> 0:16:37.120 number one return over the past ten years, of any 0:16:37.160 --> 0:16:39.040 company on the earth. 0:16:39.120 --> 0:16:41.640 So if you had some money in there, better than. 0:16:41.640 --> 0:16:42.200 Have it none. 0:16:43.040 --> 0:16:45.480 Twenty twenty five percent is a good ratio make it 0:16:45.680 --> 0:16:47.840 and also too like we have to look at bitcoin 0:16:47.880 --> 0:16:49.760 as like the new version of tech. So back in 0:16:49.840 --> 0:16:51.640 the day, you want to value stocks things that grew 0:16:51.680 --> 0:16:53.920 seven to twelve percent, but then big. 0:16:55.200 --> 0:16:57.400 This episode is brought to you by P and C Bank. 0:16:57.840 --> 0:17:00.600 A lot of people think podcasts about work are boring, 0:17:00.800 --> 0:17:04.639 and sure they definitely can be, but understanding a professionals 0:17:04.720 --> 0:17:08.000 routine shows us how they achieve their success little by little, 0:17:08.359 --> 0:17:12.000 day after day. It's like banking with P and C Bank. 0:17:12.480 --> 0:17:15.280 It might seem boring to save, plan and make calculated 0:17:15.320 --> 0:17:18.399 decisions with your bank, but keeping your money boring is 0:17:18.440 --> 0:17:21.760 what helps you live or more happily fulfilled life. P 0:17:21.880 --> 0:17:26.720 and C Bank Brilliantly Boring since eighteen sixty five. 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