1
00:00:00,400 --> 00:00:04,280
Speaker 1: You just realized your business needed to hire someone yesterday.

2
00:00:04,800 --> 00:00:09,520
Speaker 1: How can you find amazing candidates fast easy? Just use Indeed.

3
00:00:09,960 --> 00:00:12,680
Speaker 1: Stop struggling to get your job posts seen on other

4
00:00:12,760 --> 00:00:16,439
Speaker 1: job sites. With Indeed sponsored jobs, your post jumps to

5
00:00:16,480 --> 00:00:19,000
Speaker 1: the top of the page for your relevant candidates, so

6
00:00:19,120 --> 00:00:22,119
Speaker 1: you can reach the people you want faster. According to

7
00:00:22,160 --> 00:00:26,120
Speaker 1: Indeed data, sponsored jobs posted directly on Indeed have forty

8
00:00:26,120 --> 00:00:30,040
Speaker 1: five percent more applications than non sponsored jobs. Don't wait

9
00:00:30,080 --> 00:00:33,519
Speaker 1: any longer. Speed up your hiring right now with Indeed,

10
00:00:33,960 --> 00:00:36,200
Speaker 1: and listeners of this show will get a seventy five

11
00:00:36,280 --> 00:00:39,440
Speaker 1: dollars sponsored job credit to get your jobs more visibility

12
00:00:39,600 --> 00:00:45,320
Speaker 1: at indeed dot com slash pod Katz thirteen. Just go

13
00:00:45,360 --> 00:00:50,120
Speaker 1: to Indeed dot com slash pod katz thirteen right now

14
00:00:50,479 --> 00:00:53,040
Speaker 1: and support our show by saying you heard about Indeed

15
00:00:53,080 --> 00:00:57,400
Speaker 1: on this podcast. Terms and conditions apply. Hiring Indeed is

16
00:00:57,440 --> 00:00:58,040
Speaker 1: all you need.

17
00:00:58,720 --> 00:01:02,560
Speaker 2: EYL University this is the biggest online platform for education,

18
00:01:02,680 --> 00:01:05,640
Speaker 2: but it's much much more. It's actually a community. Our

19
00:01:05,680 --> 00:01:08,639
Speaker 2: private Facebook group has over eight thousand members and twenty

20
00:01:08,720 --> 00:01:11,520
Speaker 2: infinity groups to students teach themselves just as much as

21
00:01:11,520 --> 00:01:15,199
Speaker 2: the professors do. We have weekly webinars. We have over

22
00:01:15,240 --> 00:01:18,400
Speaker 2: one hundred past webinars. You get access to MG the

23
00:01:18,440 --> 00:01:21,479
Speaker 2: Mortgage Guys real Estate Blueprint. You get access to monthly

24
00:01:21,520 --> 00:01:24,560
Speaker 2: financial planning calls with yours Truly. You get access to

25
00:01:24,600 --> 00:01:27,600
Speaker 2: our monthly group chat, investment calls, and much much more.

26
00:01:27,920 --> 00:01:28,640
Speaker 3: So.

27
00:01:28,680 --> 00:01:31,560
Speaker 2: Go to eyl university dot com right now and take

28
00:01:31,560 --> 00:01:35,720
Speaker 2: advantage of our limited offer blowout sales sixty five percent

29
00:01:35,800 --> 00:01:39,320
Speaker 2: off of the annual membership eyouniversity dot com right now

30
00:01:39,560 --> 00:01:40,360
Speaker 2: and become an earner.

31
00:01:42,440 --> 00:01:46,000
Speaker 3: My graduates from my school being forced.

32
00:01:45,760 --> 00:01:51,000
Speaker 4: Back drops drop my dropdrop drop.

33
00:02:00,880 --> 00:02:03,880
Speaker 3: Trap. What's good? What's up? Bro?

34
00:02:04,160 --> 00:02:04,960
Speaker 4: What's up? But love?

35
00:02:05,000 --> 00:02:07,280
Speaker 3: It's all good. How y'all doing?

36
00:02:07,360 --> 00:02:07,520
Speaker 5: Man?

37
00:02:07,720 --> 00:02:08,160
Speaker 3: Love y'all?

38
00:02:08,320 --> 00:02:08,919
Speaker 4: That was good?

39
00:02:09,800 --> 00:02:17,320
Speaker 3: Glorious, glorious, glorious. What's good? Trapping a building hoping you build?

40
00:02:17,400 --> 00:02:21,680
Speaker 3: Men were gone? We're done.

41
00:02:23,200 --> 00:02:26,919
Speaker 4: That's a fact, man, first and foremost.

42
00:02:26,960 --> 00:02:27,160
Speaker 3: Man.

43
00:02:28,560 --> 00:02:31,079
Speaker 2: Congratulations man, you know it's been a whirlwind for you,

44
00:02:31,200 --> 00:02:33,600
Speaker 2: I know, going on to Breakfast Club, almost two million

45
00:02:33,639 --> 00:02:37,679
Speaker 2: views on your Breakfast Club interview, you know, pushing the

46
00:02:37,720 --> 00:02:40,280
Speaker 2: culture forward and becoming a superstar.

47
00:02:41,480 --> 00:02:42,440
Speaker 4: At the same time.

48
00:02:42,639 --> 00:02:45,440
Speaker 2: Congratulations on all your success that you have been able

49
00:02:45,440 --> 00:02:45,960
Speaker 2: to achieve.

50
00:02:46,000 --> 00:02:47,560
Speaker 4: But more importantly congratulating.

51
00:02:47,760 --> 00:02:51,240
Speaker 2: Congratulations on being able to educate and uplifts so many

52
00:02:51,280 --> 00:02:54,320
Speaker 2: different people. Man, we had a networking event yesterday and

53
00:02:54,960 --> 00:02:56,920
Speaker 2: you know, a bunch of people came up to us, like, Yo,

54
00:02:57,040 --> 00:02:59,959
Speaker 2: you saved my life. Wall Street Trappers episode I started

55
00:03:00,040 --> 00:03:03,160
Speaker 2: with his episode episode forty four. I found Wall Street

56
00:03:03,200 --> 00:03:05,560
Speaker 2: Trapper through your leisure. I got there at least twenty

57
00:03:05,560 --> 00:03:10,040
Speaker 2: five times. So you have a tremendous impact in the streets,

58
00:03:10,040 --> 00:03:14,480
Speaker 2: in the culture, and in the world. So congratulations on

59
00:03:14,520 --> 00:03:19,920
Speaker 2: your on your success. Uh many many blessings and continued

60
00:03:19,960 --> 00:03:21,160
Speaker 2: success in the future.

61
00:03:21,280 --> 00:03:25,079
Speaker 4: And we are very proud of your ascension. What what

62
00:03:25,440 --> 00:03:26,040
Speaker 4: what's the model?

63
00:03:26,080 --> 00:03:27,440
Speaker 3: Man? Wall Street looks like us now?

64
00:03:27,520 --> 00:03:27,720
Speaker 4: Right?

65
00:03:27,919 --> 00:03:31,080
Speaker 3: All Street looks like us now, Bro, I mean you

66
00:03:31,120 --> 00:03:32,360
Speaker 3: already know what you're doing.

67
00:03:32,520 --> 00:03:35,600
Speaker 6: Man, Wall Street calling you personally, Man, you're different.

68
00:03:37,160 --> 00:03:39,480
Speaker 3: You know. The dope part is when they call I

69
00:03:39,560 --> 00:03:42,200
Speaker 3: call my brothers. That's a fact, you know what I'm saying.

70
00:03:42,280 --> 00:03:44,320
Speaker 3: And when they call me, I call my brothers like

71
00:03:44,360 --> 00:03:47,840
Speaker 3: I put I put y'all on a boy. So y'all

72
00:03:47,880 --> 00:03:51,520
Speaker 3: can head, you know. But more than anything, man, like

73
00:03:51,560 --> 00:03:55,480
Speaker 3: everybody on rashad, you know, I appreciate that brother, you know,

74
00:03:55,520 --> 00:03:57,800
Speaker 3: I always said, man ain't a Wall Street trap without

75
00:03:57,880 --> 00:04:00,560
Speaker 3: ey l Man. I was doing my thing. But there's

76
00:04:00,640 --> 00:04:06,240
Speaker 3: not one thing that y'all do that. Y'all don't say trap. Trap.

77
00:04:06,400 --> 00:04:09,360
Speaker 3: I don't care. What interview y'all got coming is trap.

78
00:04:09,400 --> 00:04:11,560
Speaker 3: You wanta come to this interview. If I'm not able

79
00:04:11,600 --> 00:04:14,760
Speaker 3: to come, it's trapped. Come get on the line right quick.

80
00:04:14,760 --> 00:04:16,400
Speaker 3: I'm about to throw your name out there. You get this,

81
00:04:16,680 --> 00:04:18,960
Speaker 3: You know what I'm saying. And so that's the type

82
00:04:18,960 --> 00:04:21,480
Speaker 3: of brotherhood, And that's the type of thing that I love.

83
00:04:21,560 --> 00:04:25,640
Speaker 3: Being a part of the impact to the people is amazing, right,

84
00:04:25,680 --> 00:04:29,080
Speaker 3: it's amazing. I love being able to impact people. And

85
00:04:29,240 --> 00:04:31,600
Speaker 3: I love being able to say that I'm an only child, bro,

86
00:04:32,120 --> 00:04:34,279
Speaker 3: you know what I'm saying. So I grew up all

87
00:04:34,720 --> 00:04:37,320
Speaker 3: all my brothers who I call brothers. We was all

88
00:04:37,400 --> 00:04:40,200
Speaker 3: some gangster stuff together, you know what I'm saying. So

89
00:04:40,320 --> 00:04:43,200
Speaker 3: now for for me not to have to risk my

90
00:04:43,279 --> 00:04:45,719
Speaker 3: life no more, for me not have to risk my

91
00:04:45,839 --> 00:04:50,160
Speaker 3: freedom no more. That's the real gangster stuff. So my

92
00:04:50,200 --> 00:04:52,640
Speaker 3: brothers helped me be better as a man. My brothers

93
00:04:52,640 --> 00:04:56,200
Speaker 3: helped me, you know, learn how to do business better,

94
00:04:56,880 --> 00:04:58,560
Speaker 3: learn how to be more impactful.

95
00:04:58,960 --> 00:04:59,159
Speaker 4: Learn.

96
00:04:59,200 --> 00:05:01,680
Speaker 3: I watched my brother put their families together, watched my

97
00:05:01,720 --> 00:05:05,040
Speaker 3: brother's build a business and be impactful to the world

98
00:05:05,600 --> 00:05:08,479
Speaker 3: and bring me on that journey. So man, like, with

99
00:05:08,640 --> 00:05:11,120
Speaker 3: everything that I'm getting, y'all went in a breakfast club

100
00:05:11,120 --> 00:05:14,600
Speaker 3: before me, you know what I'm saying. So when y'all went,

101
00:05:14,880 --> 00:05:19,440
Speaker 3: y'all was so impactful. Rashad throws the Wall Street trapping

102
00:05:19,520 --> 00:05:22,960
Speaker 3: name out there that wind up getting a clip in

103
00:05:23,040 --> 00:05:27,280
Speaker 3: my mind, it was already prepared for me, you know

104
00:05:27,320 --> 00:05:28,960
Speaker 3: what I'm saying. So when y'all went in the room,

105
00:05:29,040 --> 00:05:32,000
Speaker 3: y'all keep the door down. I just followed up, and

106
00:05:32,040 --> 00:05:35,599
Speaker 3: hopefully my follow up opened the door for somebody else. Brouh. So,

107
00:05:35,880 --> 00:05:39,360
Speaker 3: even though I'm doing my thing as an individual entity,

108
00:05:39,839 --> 00:05:42,680
Speaker 3: everything that I do and everything that y'all do always

109
00:05:42,680 --> 00:05:44,599
Speaker 3: help us tie back in because we all on the

110
00:05:44,640 --> 00:05:48,039
Speaker 3: same journey. Bruh. So, man, just you know I'm gonna

111
00:05:48,080 --> 00:05:50,320
Speaker 3: get y'all the same thing. I love y'all, I appreciate y'all, man,

112
00:05:51,320 --> 00:05:53,200
Speaker 3: And the only reason I'm not a LA was because

113
00:05:53,240 --> 00:05:55,080
Speaker 3: I had my daughter and we just had to.

114
00:05:55,040 --> 00:06:02,159
Speaker 4: Do that, each one, each one, teacher.

115
00:06:02,400 --> 00:06:05,159
Speaker 2: Man, So let's jump into this before we start, we

116
00:06:05,279 --> 00:06:08,719
Speaker 2: just want to welcome everybody, and if you're not familiar

117
00:06:08,720 --> 00:06:11,400
Speaker 2: with what's going on here, we're going to talk about

118
00:06:12,000 --> 00:06:14,240
Speaker 2: stock marketing. I don't even want to say for beginners,

119
00:06:14,240 --> 00:06:16,440
Speaker 2: because it's not just for beginners, but just the basis.

120
00:06:16,760 --> 00:06:18,560
Speaker 4: You know, a lot of times we talk very high

121
00:06:18,680 --> 00:06:21,320
Speaker 4: level and it might go over people's heads.

122
00:06:21,320 --> 00:06:23,560
Speaker 2: So we want to just kind of most like get again,

123
00:06:23,720 --> 00:06:26,839
Speaker 2: reset the room, and you know, bring it back to

124
00:06:26,880 --> 00:06:29,960
Speaker 2: the core essence of it and what we what we're

125
00:06:30,000 --> 00:06:32,520
Speaker 2: doing here is once a month we have what's called

126
00:06:32,560 --> 00:06:36,839
Speaker 2: open enrollment. So e y L University is our private school.

127
00:06:36,920 --> 00:06:38,640
Speaker 2: So we have a public school which is earn your

128
00:06:38,720 --> 00:06:42,000
Speaker 2: leisure and that's you know, it's free. It's free information,

129
00:06:42,080 --> 00:06:44,600
Speaker 2: which I think nobody has given more free information than

130
00:06:44,720 --> 00:06:48,520
Speaker 2: us on Instagram every single day, on YouTube, every single day,

131
00:06:48,560 --> 00:06:52,799
Speaker 2: on podcast outlets all over from everything from real estate

132
00:06:52,880 --> 00:06:56,720
Speaker 2: to truck games, everything. But some people just need more

133
00:06:56,720 --> 00:06:59,880
Speaker 2: of a community feel and more of a private education.

134
00:07:00,080 --> 00:07:03,200
Speaker 2: We created Eyo University and our goal for EUI University

135
00:07:03,240 --> 00:07:05,120
Speaker 2: is to really have the largest.

136
00:07:04,640 --> 00:07:07,280
Speaker 4: Online educational platform in the year in the world.

137
00:07:07,880 --> 00:07:10,520
Speaker 2: And with that, you know, it's weekly webinar so we

138
00:07:10,560 --> 00:07:13,040
Speaker 2: do this every single week with his Zoom classes, and

139
00:07:13,440 --> 00:07:16,040
Speaker 2: people actually get to ask questions and get their questions

140
00:07:16,080 --> 00:07:19,120
Speaker 2: answered as opposed to just watching a podcast. So we

141
00:07:19,160 --> 00:07:22,760
Speaker 2: have a hundred of those archived. We have monthly financial

142
00:07:22,760 --> 00:07:26,600
Speaker 2: planning calls with me. We have biweekly real estate calls

143
00:07:26,600 --> 00:07:28,800
Speaker 2: an MG, the mortgage guy once again with it Soon

144
00:07:29,000 --> 00:07:31,400
Speaker 2: and IT, you know, gets questions answer things that nature.

145
00:07:31,760 --> 00:07:34,360
Speaker 2: We have a home Buyers Blueprint MG, the Mortgage Guys

146
00:07:34,400 --> 00:07:37,400
Speaker 2: home Boys group fifteen hours of content.

147
00:07:37,040 --> 00:07:38,600
Speaker 4: Everything we need to know about buying a home.

148
00:07:39,000 --> 00:07:41,280
Speaker 2: They have a Facebook group with over six thousand people,

149
00:07:41,920 --> 00:07:44,720
Speaker 2: and inside that Facebook group is actually twenty Infinity groups,

150
00:07:44,720 --> 00:07:47,280
Speaker 2: so people actually network and build with each other. It's

151
00:07:47,320 --> 00:07:49,320
Speaker 2: crypto clubs, it's stock clubs, everything.

152
00:07:49,360 --> 00:07:49,560
Speaker 4: Thanks.

153
00:07:49,560 --> 00:07:51,880
Speaker 3: Can I tell you something really quickly about the Infinity groups.

154
00:07:52,200 --> 00:07:54,040
Speaker 4: Young man walked up to me yesterday.

155
00:07:54,440 --> 00:07:56,800
Speaker 7: I'm not gonna mention his name, but came up to

156
00:07:56,800 --> 00:07:58,320
Speaker 7: me and said, I want to talk to you about

157
00:07:58,400 --> 00:08:01,360
Speaker 7: my accountability group. And that was something that we started

158
00:08:01,360 --> 00:08:04,800
Speaker 7: early on. We broke into the book club said I

159
00:08:04,840 --> 00:08:07,000
Speaker 7: was home this twelve months ago. I got in my

160
00:08:07,040 --> 00:08:11,400
Speaker 7: accountability group. Not only in my living my best life,

161
00:08:12,040 --> 00:08:15,280
Speaker 7: but I'm actually teaching people how to learn the stock market.

162
00:08:15,880 --> 00:08:19,120
Speaker 7: I said, this is incredible, Like this is incredible, Like

163
00:08:19,160 --> 00:08:20,880
Speaker 7: that's the type of life change of information that's that.

164
00:08:21,040 --> 00:08:22,760
Speaker 2: Well, real quick because I want to get to this

165
00:08:23,040 --> 00:08:26,200
Speaker 2: stock but real quick, you bring up Another gentleman came

166
00:08:26,240 --> 00:08:28,640
Speaker 2: to me. He said, you know, it's so crazy because

167
00:08:28,680 --> 00:08:30,600
Speaker 2: like when Ian said, like, if you ask about that

168
00:08:30,720 --> 00:08:31,800
Speaker 2: for five thousand dollars.

169
00:08:31,640 --> 00:08:33,120
Speaker 4: And they're going to tell you, they say, I'm gonna

170
00:08:33,120 --> 00:08:33,480
Speaker 4: pray for you.

171
00:08:33,880 --> 00:08:36,439
Speaker 2: He said, like last year, I spent three months in

172
00:08:36,520 --> 00:08:38,719
Speaker 2: jail because I couldn't come with fifteen hundred dollars worth

173
00:08:38,760 --> 00:08:42,360
Speaker 2: of bail money and none of my family and friends

174
00:08:42,360 --> 00:08:43,280
Speaker 2: had fifteen hundred dollars.

175
00:08:43,280 --> 00:08:45,040
Speaker 4: So I spent three months in jail. He said.

176
00:08:45,040 --> 00:08:48,959
Speaker 2: I got out and I tapped into EUO and now

177
00:08:49,000 --> 00:08:52,120
Speaker 2: I got my stock account. He said, I got about

178
00:08:52,160 --> 00:08:54,920
Speaker 2: to buy my first multi family home and all of that.

179
00:08:54,960 --> 00:08:56,679
Speaker 2: So financial literacy is life with death thing.

180
00:08:57,480 --> 00:08:59,720
Speaker 3: This is crazy. That story's crazy.

181
00:09:00,640 --> 00:09:03,400
Speaker 6: There was a gentleman who actually showed me a cash

182
00:09:03,480 --> 00:09:06,800
Speaker 6: app that you sent him. I think seven months ago

183
00:09:07,920 --> 00:09:10,480
Speaker 6: you and MG sent him a cash app and he

184
00:09:10,559 --> 00:09:13,640
Speaker 6: said that moment, it was the first time you realize

185
00:09:13,679 --> 00:09:16,079
Speaker 6: somebody believed in him, and so we put it into

186
00:09:16,120 --> 00:09:20,120
Speaker 6: an investment account and now he's investing with a group

187
00:09:20,160 --> 00:09:24,080
Speaker 6: of friends. Like I'm talking about, these testimonies don't just happen.

188
00:09:24,320 --> 00:09:27,400
Speaker 6: I mean it's incredibly literally showed me like I ain't

189
00:09:27,400 --> 00:09:29,480
Speaker 6: gonna say your name, your government, but it was there.

190
00:09:29,520 --> 00:09:31,800
Speaker 3: You actually after them, and so did the MG man.

191
00:09:31,840 --> 00:09:34,400
Speaker 4: So to you, it's a whole vibe, man.

192
00:09:34,440 --> 00:09:38,439
Speaker 2: So all of that is is it Eyo University, including

193
00:09:38,440 --> 00:09:40,360
Speaker 2: our private events. Now, so we had we had a

194
00:09:40,400 --> 00:09:43,720
Speaker 2: private networking event yesterday in La which we're referring to,

195
00:09:44,320 --> 00:09:47,320
Speaker 2: and I mean it was so crazy, man. We had

196
00:09:47,400 --> 00:09:50,840
Speaker 2: nineteen keys there, we had Himpip one hundred dead Alex

197
00:09:50,880 --> 00:09:55,880
Speaker 2: good Energy there, our boy Shaggy, We had Miss Business.

198
00:09:55,880 --> 00:09:59,520
Speaker 2: We had a tear Blair Mike when she so just

199
00:09:59,520 --> 00:10:01,000
Speaker 2: to be able to be in that kind of room

200
00:10:01,040 --> 00:10:02,720
Speaker 2: with all those kind of people in that when that

201
00:10:02,800 --> 00:10:04,560
Speaker 2: was only for Eyle University members.

202
00:10:04,559 --> 00:10:07,079
Speaker 4: So you know, we just keep building this community. Man.

203
00:10:07,160 --> 00:10:09,000
Speaker 2: Shout out to everybody that came. Shout out to open

204
00:10:09,040 --> 00:10:12,240
Speaker 2: the Bay areas in their heavy hat Prinshaw, Shout out

205
00:10:12,280 --> 00:10:14,360
Speaker 2: to my boys from Crenshaw that was in there.

206
00:10:14,520 --> 00:10:15,760
Speaker 4: And it's just a vibe. Man.

207
00:10:15,800 --> 00:10:18,640
Speaker 2: So this is an open enrollment, long story short, and

208
00:10:18,679 --> 00:10:21,560
Speaker 2: you get to see it for yourself and if you're interested.

209
00:10:22,400 --> 00:10:26,239
Speaker 2: The price right now six ninety nine. It's extremely undervalue.

210
00:10:26,800 --> 00:10:30,240
Speaker 2: That's an understatement. That is forty eight hours. We are

211
00:10:30,320 --> 00:10:32,760
Speaker 2: raising the price because we are investing in infrastructure, we

212
00:10:32,800 --> 00:10:37,480
Speaker 2: have an employee, we're getting more employees, we're hiring more professors,

213
00:10:37,960 --> 00:10:40,520
Speaker 2: and we're just expanding the program. So it's six ninety

214
00:10:40,600 --> 00:10:44,960
Speaker 2: nine annual and that's good until Friday, twelve am Eastern

215
00:10:45,000 --> 00:10:47,480
Speaker 2: Standard time for forty eight hours. I'll put the link.

216
00:10:47,520 --> 00:10:49,960
Speaker 2: If you're interested, we'd love to see you on the

217
00:10:49,960 --> 00:10:53,120
Speaker 2: other side. So track, let's get into this. My brother

218
00:10:53,800 --> 00:10:57,200
Speaker 2: stock investing one oh one.

219
00:10:57,240 --> 00:10:58,679
Speaker 4: You would like to start or would.

220
00:10:58,520 --> 00:11:03,240
Speaker 2: You like to meet a kind of profit for you?

221
00:11:03,320 --> 00:11:05,680
Speaker 3: No, it's it's it's cool with me, man.

222
00:11:05,720 --> 00:11:06,320
Speaker 4: I want.

223
00:11:08,120 --> 00:11:12,080
Speaker 3: Can I do uh ten scholarships at five hundred dollars?

224
00:11:14,640 --> 00:11:20,640
Speaker 4: On me? Bro? Gotcha on me? Gotcha appreciate that ten

225
00:11:20,720 --> 00:11:22,920
Speaker 4: of them appreciate that?

226
00:11:23,640 --> 00:11:27,719
Speaker 3: Ten up. So we'll do that. Man, I don't know

227
00:11:27,720 --> 00:11:31,319
Speaker 3: how we're gonna do it, dude. We got people in here,

228
00:11:31,360 --> 00:11:35,640
Speaker 3: we got people in here, So we'll have somebody take

229
00:11:35,720 --> 00:11:38,200
Speaker 3: some names. We'll get to that.

230
00:11:38,240 --> 00:11:39,280
Speaker 4: We'll do that the end.

231
00:11:39,360 --> 00:11:46,040
Speaker 3: Yeah, all right, So so we talk about stocks. One

232
00:11:46,080 --> 00:11:50,920
Speaker 3: the one man we're talking about understanding that is so

233
00:11:51,080 --> 00:11:53,920
Speaker 3: we understand that we put our money in a bank, right,

234
00:11:54,320 --> 00:11:58,679
Speaker 3: and the bank gives us nothing on that, right. And

235
00:11:58,760 --> 00:12:01,200
Speaker 3: so for me, and that's in the stock market was

236
00:12:01,200 --> 00:12:05,320
Speaker 3: a way for me to say, how do I do

237
00:12:05,480 --> 00:12:09,560
Speaker 3: two things? One gain ownership and businesses that I know

238
00:12:09,679 --> 00:12:14,120
Speaker 3: and love and to make my money grow for me? Right,

239
00:12:14,840 --> 00:12:19,720
Speaker 3: So let's talk about just from the beginning, right. One

240
00:12:19,800 --> 00:12:22,199
Speaker 3: of the questions people often ask me is like trap,

241
00:12:22,320 --> 00:12:24,600
Speaker 3: like what are the best brokers you accounts? Like, let's

242
00:12:24,640 --> 00:12:28,240
Speaker 3: just start there, right, because you can't even invest in

243
00:12:28,280 --> 00:12:32,000
Speaker 3: the market if you don't have an account, right, So

244
00:12:32,080 --> 00:12:33,600
Speaker 3: let's start that. And here's one of the things that

245
00:12:33,640 --> 00:12:37,120
Speaker 3: I learned on the journey, like many of many of

246
00:12:37,160 --> 00:12:42,000
Speaker 3: our people really never even had bank accounts, like not

247
00:12:42,120 --> 00:12:45,800
Speaker 3: even bank accounts, right, So we let's start with let's

248
00:12:45,880 --> 00:12:50,840
Speaker 3: just have a broker's account. And so one of the

249
00:12:50,880 --> 00:12:54,200
Speaker 3: things people ask is like, what are the best ones

250
00:12:54,240 --> 00:12:57,720
Speaker 3: to have? So let's start there, right. So of course

251
00:12:57,760 --> 00:12:59,559
Speaker 3: a lot of people will go with the TDM meror

252
00:12:59,559 --> 00:13:03,079
Speaker 3: I mean with the robin hoods or the inn one finances, right,

253
00:13:03,120 --> 00:13:07,240
Speaker 3: and these are good, these are cool, but they they

254
00:13:07,280 --> 00:13:09,720
Speaker 3: don't offer a lot of other things that you would

255
00:13:09,760 --> 00:13:12,839
Speaker 3: need to get in the game and learn a lot

256
00:13:12,880 --> 00:13:14,800
Speaker 3: of things. So even if you went on robbin Hood,

257
00:13:14,800 --> 00:13:17,520
Speaker 3: you will see that it's missing over one thousand stocks,

258
00:13:18,000 --> 00:13:19,960
Speaker 3: right that you can't be a part of. Like one

259
00:13:20,040 --> 00:13:22,199
Speaker 3: of my favorites I own is LV and Major or

260
00:13:22,240 --> 00:13:26,680
Speaker 3: you can get it under LV and U y. I

261
00:13:26,720 --> 00:13:31,240
Speaker 3: can't hear you saying summer Shot, oh all right, and

262
00:13:31,360 --> 00:13:35,679
Speaker 3: you can't even get it on robin Hood, right, So

263
00:13:35,880 --> 00:13:38,760
Speaker 3: I preferably Now, I'm not an advocate for none of these.

264
00:13:38,800 --> 00:13:41,760
Speaker 3: I'm not getting paid for none of these. But I

265
00:13:41,880 --> 00:13:44,760
Speaker 3: like TDM Merror Trade. I like t the Merror Trade

266
00:13:44,840 --> 00:13:49,560
Speaker 3: because they give you so many different tools, so many updates,

267
00:13:49,600 --> 00:13:55,400
Speaker 3: so many so many updated information, so much updated information. Also,

268
00:13:55,480 --> 00:13:58,680
Speaker 3: what happens with robbin Hood is if you may not

269
00:13:58,679 --> 00:14:02,800
Speaker 3: notice it, but if you look at Tdmmerior Trade and

270
00:14:02,800 --> 00:14:06,400
Speaker 3: you looked at ribbin Hood, the prices would be different.

271
00:14:07,080 --> 00:14:10,080
Speaker 3: So robin Hood has a lag and they get paid

272
00:14:10,120 --> 00:14:13,640
Speaker 3: for that, right, They're getting paid for that split right,

273
00:14:13,880 --> 00:14:16,360
Speaker 3: And what happens is you're buying it at a higher

274
00:14:16,440 --> 00:14:20,239
Speaker 3: price on robbin hood than you would on a tdmmerior

275
00:14:20,280 --> 00:14:23,440
Speaker 3: trade on the e trade where you're getting those real

276
00:14:23,640 --> 00:14:26,800
Speaker 3: time results, right, And so that's where robbin hood is

277
00:14:26,840 --> 00:14:29,320
Speaker 3: actually making money at So you think it's free, but

278
00:14:29,400 --> 00:14:33,160
Speaker 3: you're paying for you're paying for with everything that every

279
00:14:33,200 --> 00:14:37,440
Speaker 3: time you buy something, you're paying for that, right, And

280
00:14:37,480 --> 00:14:41,080
Speaker 3: so that's something that people don't even much know. So

281
00:14:41,720 --> 00:14:45,800
Speaker 3: I will always tell people again make the switch over

282
00:14:45,960 --> 00:14:52,320
Speaker 3: to tdmmeror trade E trade Charles Swath Fidelity, right because

283
00:14:52,400 --> 00:14:55,560
Speaker 3: of because of that fact, the one of the real

284
00:14:55,680 --> 00:15:00,880
Speaker 3: time trades or the real time investments, but also more

285
00:15:00,960 --> 00:15:03,720
Speaker 3: access to information, like you can go on te your

286
00:15:03,720 --> 00:15:06,560
Speaker 3: meritrade and you can you buy a company. Excuse me,

287
00:15:06,560 --> 00:15:07,720
Speaker 3: you all what I mean to hear that, But like

288
00:15:07,760 --> 00:15:11,440
Speaker 3: when you buy a company, immediately you start getting reports

289
00:15:11,440 --> 00:15:14,960
Speaker 3: of that company. Everything that company does, they immediately just

290
00:15:15,000 --> 00:15:18,080
Speaker 3: start sending your reports on what that company is doing. Right,

291
00:15:18,160 --> 00:15:19,640
Speaker 3: So now you don't have to look for when the

292
00:15:19,720 --> 00:15:22,960
Speaker 3: earners report is. You're automatically going to get into it.

293
00:15:23,040 --> 00:15:26,080
Speaker 3: As soon as that company has a voting situation. You're

294
00:15:26,160 --> 00:15:29,520
Speaker 3: automatically going to get that information right. And I want

295
00:15:29,560 --> 00:15:32,600
Speaker 3: you to understand something too, like we're not just buying stocks,

296
00:15:32,600 --> 00:15:36,680
Speaker 3: We're actually buying part ownership in a company. Like let's

297
00:15:36,760 --> 00:15:39,440
Speaker 3: understand that we're not just buying stocks, We're not just

298
00:15:39,480 --> 00:15:42,520
Speaker 3: buying a piece of paper of a digital people. We're

299
00:15:42,560 --> 00:15:48,520
Speaker 3: actually buying part ownership in a business where we're entitled

300
00:15:49,040 --> 00:15:56,080
Speaker 3: to profits and assets that that company has, Like we're

301
00:15:56,480 --> 00:16:01,880
Speaker 3: entitled to that right. Also, what I don't like about

302
00:16:01,920 --> 00:16:05,040
Speaker 3: the robbin hood is anytime I'm dealing with my money,

303
00:16:06,120 --> 00:16:07,920
Speaker 3: I want to be able to talk to somebody. I

304
00:16:07,960 --> 00:16:10,360
Speaker 3: don't have to email you because you don't understand the

305
00:16:10,480 --> 00:16:13,800
Speaker 3: frustration that you don't understand my concern. But what I

306
00:16:13,880 --> 00:16:17,480
Speaker 3: got going on right, And again, I'm not saying like,

307
00:16:17,640 --> 00:16:21,200
Speaker 3: don't do robbin hood at all. I'm just saying theyre

308
00:16:21,200 --> 00:16:24,800
Speaker 3: are better avenues when you want to take this series.

309
00:16:24,920 --> 00:16:26,760
Speaker 3: Like me, I don't take my money for fake and

310
00:16:26,800 --> 00:16:28,680
Speaker 3: I don't take my money to play with you know

311
00:16:28,720 --> 00:16:30,680
Speaker 3: what I'm saying. So I'm gonna be with somebody. If

312
00:16:30,680 --> 00:16:33,040
Speaker 3: I have an issue, I can get on the phone

313
00:16:33,080 --> 00:16:35,840
Speaker 3: and call tdmeror trade. I can get on the phone

314
00:16:35,880 --> 00:16:38,440
Speaker 3: and call e trade. I can get on the phone

315
00:16:38,480 --> 00:16:42,160
Speaker 3: and call shall swab and talk to somebody about something

316
00:16:42,200 --> 00:16:45,840
Speaker 3: that's going on, whereas a robbin hood but you got

317
00:16:45,840 --> 00:16:48,920
Speaker 3: to email somebody. And that's kind of not my strong point.

318
00:16:49,960 --> 00:16:54,480
Speaker 3: So that's understand That first second thing is but you

319
00:16:54,520 --> 00:16:57,440
Speaker 3: get paid two ways when you invest in the stocks.

320
00:16:57,480 --> 00:17:00,560
Speaker 3: The two ways you get paid is one through cold

321
00:17:00,600 --> 00:17:03,880
Speaker 3: hall cash, which is dividends. Now, every company doesn't pay

322
00:17:03,920 --> 00:17:08,320
Speaker 3: dividends out right, every company doesn't pay dividends out but

323
00:17:08,400 --> 00:17:11,720
Speaker 3: the dividend is now a portion of the profit that

324
00:17:11,800 --> 00:17:15,080
Speaker 3: a company now pays to you. Right, So let's talk

325
00:17:15,119 --> 00:17:17,080
Speaker 3: about that for a second before we even go a

326
00:17:17,119 --> 00:17:20,080
Speaker 3: little further, right, So this is how the dividends paid out.

327
00:17:20,119 --> 00:17:22,560
Speaker 3: And we'll just use e y L as a company, right,

328
00:17:22,640 --> 00:17:25,280
Speaker 3: So EYL is a public company. We're gonna speak that

329
00:17:25,359 --> 00:17:28,919
Speaker 3: into the future. I am going to be like that,

330
00:17:29,880 --> 00:17:33,199
Speaker 3: like this, he rang the bell, I need to be

331
00:17:33,240 --> 00:17:36,640
Speaker 3: here right there, right, So we got ey L as

332
00:17:36,680 --> 00:17:41,119
Speaker 3: a public traded company, right, So e y L. You know,

333
00:17:41,200 --> 00:17:43,880
Speaker 3: we understand how ey we start understanding one of the things.

334
00:17:43,880 --> 00:17:47,120
Speaker 3: We just understand how EYL makes money. Right. So once

335
00:17:47,119 --> 00:17:50,439
Speaker 3: we understand how EYL makes money, right, we want to

336
00:17:50,440 --> 00:17:51,960
Speaker 3: be a part of that. We want to see are

337
00:17:52,000 --> 00:17:56,400
Speaker 3: they profitable, are they not profitable. If they aren't profitable,

338
00:17:56,520 --> 00:18:00,800
Speaker 3: we want to see how long will they be profitable.

339
00:18:00,840 --> 00:18:02,880
Speaker 3: So that's one of the things about having was called

340
00:18:02,880 --> 00:18:06,960
Speaker 3: the earnings report or earning statement. Right. So the company

341
00:18:07,000 --> 00:18:10,119
Speaker 3: comes in and the company EYL tells us, look, y'all,

342
00:18:10,440 --> 00:18:15,000
Speaker 3: we're not profitable right now, but we will be profitable

343
00:18:15,080 --> 00:18:19,320
Speaker 3: in three to five years, we will be profitable, and uh,

344
00:18:20,720 --> 00:18:23,160
Speaker 3: we'll be profitable. And they give us a time spent

345
00:18:23,240 --> 00:18:25,879
Speaker 3: on when we're gonna be profitable, right. And so when

346
00:18:25,920 --> 00:18:30,000
Speaker 3: they do that, now we can say, okay, since you're

347
00:18:30,080 --> 00:18:34,720
Speaker 3: not profitable, what is the expectations on how you're going

348
00:18:34,800 --> 00:18:39,120
Speaker 3: to become profitable? Right? So no company can pay dividends

349
00:18:39,160 --> 00:18:42,879
Speaker 3: if they not gonna be profitable, right, So this is

350
00:18:42,920 --> 00:18:48,160
Speaker 3: what we're gonna do if EYL was profitable, and they say, okay,

351
00:18:48,800 --> 00:18:53,840
Speaker 3: we're gonna pay everybody who invested in our business these dividends.

352
00:18:54,440 --> 00:18:54,600
Speaker 4: Right.

353
00:18:54,640 --> 00:18:58,960
Speaker 3: So let's say in this quarter three months EYL says

354
00:18:59,520 --> 00:19:05,080
Speaker 3: we're going to declaratividend of fifty cent per share. Right.

355
00:19:05,920 --> 00:19:09,600
Speaker 3: So now what happens is let's say they made one

356
00:19:09,680 --> 00:19:14,160
Speaker 3: hundred thousand dollars this quarter. They take fifty thousand dollars

357
00:19:14,200 --> 00:19:17,399
Speaker 3: and say, yo, fifty thousand dollars, we're gonna pay bills with. Right,

358
00:19:17,480 --> 00:19:20,679
Speaker 3: we got fifty thousand dollars remaining, We're gonna take thirty

359
00:19:20,800 --> 00:19:23,280
Speaker 3: twenty thousand dollars and put that up to the side.

360
00:19:23,480 --> 00:19:27,160
Speaker 3: That's we're gonna use that to acquire other businesses, acquire

361
00:19:27,400 --> 00:19:30,880
Speaker 3: you know, make other investments. Right, and we're gonna take

362
00:19:30,880 --> 00:19:34,920
Speaker 3: the thirty thousand and break that down and pay that

363
00:19:34,920 --> 00:19:38,720
Speaker 3: to our investors. That makes sense to everybody. So now

364
00:19:38,760 --> 00:19:41,960
Speaker 3: what we're doing now is we're gonna take that fifty

365
00:19:42,040 --> 00:19:45,719
Speaker 3: cent and pay that to every investor, which you equals

366
00:19:45,720 --> 00:19:48,000
Speaker 3: are two dollars a year, or you hit the term

367
00:19:48,080 --> 00:19:52,399
Speaker 3: per share, or you hit the term annually. So EYL

368
00:19:52,440 --> 00:19:56,880
Speaker 3: would pay two dollars annually per share, or they will

369
00:19:56,960 --> 00:20:02,480
Speaker 3: pay fifty cent per share per quarter. If y'all feel

370
00:20:02,480 --> 00:20:04,560
Speaker 3: what I'm saying right now just so far, just say

371
00:20:04,640 --> 00:20:08,040
Speaker 3: we trapping? If that makes sense to y'allo. Did we

372
00:20:08,040 --> 00:20:10,560
Speaker 3: give them fair wanting that trapping attire was required?

373
00:20:10,760 --> 00:20:12,040
Speaker 4: Is we trapping? Trapping?

374
00:20:13,280 --> 00:20:20,080
Speaker 3: Come on, there we go. Now we're talking. Get fun tire.

375
00:20:20,920 --> 00:20:23,800
Speaker 3: You ain't tell them. I have to tell him bad.

376
00:20:24,040 --> 00:20:26,760
Speaker 3: That's my back. I thought I was with them, like

377
00:20:26,800 --> 00:20:30,160
Speaker 3: the trappers be already knowing we know, for god, I'm

378
00:20:30,160 --> 00:20:32,200
Speaker 3: with the earn and so don't they got to get

379
00:20:32,240 --> 00:20:34,440
Speaker 3: introduced to me exactly exactly.

380
00:20:34,480 --> 00:20:37,160
Speaker 8: Look and some of the tubers they're not really familiar,

381
00:20:37,200 --> 00:20:39,200
Speaker 8: so I gotta let them know. In advanced trapping, tire

382
00:20:39,359 --> 00:20:41,080
Speaker 8: is a quiet earners, y'all know how it is worse.

383
00:20:41,680 --> 00:20:46,520
Speaker 8: Don't play yourself forward yourself get ready, my bad, my bad,

384
00:20:47,760 --> 00:20:48,560
Speaker 8: I'll be I ain't.

385
00:20:48,680 --> 00:20:51,200
Speaker 3: I gotta start coming back because it's been a while since.

386
00:20:51,200 --> 00:20:52,760
Speaker 4: I bet that's what it is. That's what.

387
00:20:54,160 --> 00:20:56,840
Speaker 3: Wow. Like I've been lett my bros like go crazy.

388
00:20:58,000 --> 00:21:00,600
Speaker 3: They ain't gone crazy. So I've just been like like, okay,

389
00:21:00,840 --> 00:21:03,320
Speaker 3: like so listen, let me say this before we're going further.

390
00:21:03,359 --> 00:21:05,280
Speaker 3: You're like, so let me say this. This is this

391
00:21:05,400 --> 00:21:10,560
Speaker 3: is this is clutch. Right. So I'm not a financial advisor, right,

392
00:21:11,160 --> 00:21:15,040
Speaker 3: Everything that I say is for education and entertainment purposes.

393
00:21:15,080 --> 00:21:18,800
Speaker 3: Own right, know that in order to be a great investor,

394
00:21:18,800 --> 00:21:21,119
Speaker 3: you must learn how to mitigate the risks. You must

395
00:21:21,200 --> 00:21:25,880
Speaker 3: understand the pros and cons that comes with investing. Right,

396
00:21:26,720 --> 00:21:28,760
Speaker 3: I am not a financial advisor, but I know him

397
00:21:28,720 --> 00:21:32,320
Speaker 3: about the name of Rashad one part of the leisure family.

398
00:21:32,760 --> 00:21:36,720
Speaker 3: He can take to glory. I can only take you.

399
00:21:44,200 --> 00:21:47,400
Speaker 3: Now we trapping, Now we trapping. It's been a minute, right,

400
00:21:47,480 --> 00:21:51,680
Speaker 3: so uh, let's talk about that when it comes to dividends. Right,

401
00:21:51,720 --> 00:21:53,800
Speaker 3: So let's just get to that part first. Remember there's

402
00:21:53,800 --> 00:21:56,160
Speaker 3: two ways that we can get paid, right. The first

403
00:21:56,240 --> 00:21:58,960
Speaker 3: rad is through dividends. Right, so we understand the dividends

404
00:21:59,000 --> 00:22:02,040
Speaker 3: is the co hall cast that every that not every company,

405
00:22:02,080 --> 00:22:05,320
Speaker 3: but dividend paying companies paid to their investors. Right. So

406
00:22:05,359 --> 00:22:10,840
Speaker 3: here's the thing. Every company doesn't pay dividends, y'all. Every

407
00:22:10,920 --> 00:22:14,320
Speaker 3: company doesn't pay dividends. But just because the company doesn't

408
00:22:14,320 --> 00:22:17,760
Speaker 3: pay dividends doesn't mean it's not a great company. Think

409
00:22:17,840 --> 00:22:21,080
Speaker 3: about your facebooks, think about your Amazons, think about your Googles,

410
00:22:21,080 --> 00:22:24,000
Speaker 3: think about your testaments, think about your Netflix. We can

411
00:22:24,040 --> 00:22:28,320
Speaker 3: go on and so forward. What happens is when a

412
00:22:28,359 --> 00:22:33,600
Speaker 3: company doesn't pay dividends, what they'll do is instead of

413
00:22:33,640 --> 00:22:36,600
Speaker 3: paying that cold hall cash to you as an investor,

414
00:22:37,320 --> 00:22:41,160
Speaker 3: they take that money, pour it back into the business

415
00:22:42,119 --> 00:22:46,200
Speaker 3: and then you get the reward of seeing your equity

416
00:22:46,240 --> 00:22:50,280
Speaker 3: grew in the business. Right, I see a question what

417
00:22:50,440 --> 00:22:52,920
Speaker 3: makes a company decide whether or not they pay dividends?

418
00:22:52,960 --> 00:22:55,199
Speaker 3: Let me answer that question of y'all, dontlind. So what

419
00:22:55,240 --> 00:22:57,560
Speaker 3: happens is a company will gets a certain state or

420
00:22:57,560 --> 00:23:01,680
Speaker 3: a certain level where they feel like, yo, growth isn't

421
00:23:01,760 --> 00:23:06,560
Speaker 3: as much as it was early on. Right. So Amazon

422
00:23:06,640 --> 00:23:08,960
Speaker 3: has so much growth in it it probably wouldn't pay

423
00:23:08,960 --> 00:23:11,920
Speaker 3: a dividend for the next ten twenty years, right, ten

424
00:23:12,000 --> 00:23:16,480
Speaker 3: years or something like that. Right, But Apple has been

425
00:23:16,520 --> 00:23:20,719
Speaker 3: around so long they still have growth, right, and they

426
00:23:20,760 --> 00:23:23,560
Speaker 3: feel like, Yo, you know what, we want to reward

427
00:23:23,600 --> 00:23:27,959
Speaker 3: our investors for this. Now, what you'll see is two

428
00:23:28,000 --> 00:23:29,680
Speaker 3: of the things I look for just to get y'all

429
00:23:29,720 --> 00:23:31,600
Speaker 3: in this, and I won't to take y'all law. When

430
00:23:31,600 --> 00:23:33,520
Speaker 3: we look in a dividends, want to look I look

431
00:23:33,560 --> 00:23:36,639
Speaker 3: at two things. One is the pay our ratio, meaning

432
00:23:37,000 --> 00:23:40,520
Speaker 3: how much are they paying out of their profit to us? Right?

433
00:23:40,680 --> 00:23:42,800
Speaker 3: For me, I would like a company be paying me

434
00:23:42,800 --> 00:23:46,359
Speaker 3: anywhere between fifty and sixty five percent. Well, trap, why

435
00:23:46,440 --> 00:23:50,440
Speaker 3: not more than that? Because I'm not a greedy investor, right,

436
00:23:50,720 --> 00:23:54,240
Speaker 3: because if they pay me seventy five percent of their profit.

437
00:23:54,600 --> 00:23:57,359
Speaker 3: Then now they can't grow to business like I want,

438
00:23:57,720 --> 00:24:00,320
Speaker 3: and so I would rather take my money alone little

439
00:24:00,320 --> 00:24:03,080
Speaker 3: bit in a dividend for more in the growth. Because

440
00:24:03,119 --> 00:24:05,200
Speaker 3: as long as we see growth, as long as they're

441
00:24:05,240 --> 00:24:08,199
Speaker 3: adding value to the business, the share price is going

442
00:24:08,280 --> 00:24:11,200
Speaker 3: to continuously increase at a good pace. Does that make

443
00:24:11,240 --> 00:24:13,080
Speaker 3: sense to everybody?

444
00:24:13,160 --> 00:24:13,400
Speaker 4: Yep?

445
00:24:13,960 --> 00:24:17,680
Speaker 3: We trapping? All right? Cool? All right? So that's where

446
00:24:17,680 --> 00:24:21,560
Speaker 3: the decision comes in. Right, it's saying, okay, if we

447
00:24:21,560 --> 00:24:24,120
Speaker 3: were growing at fifteen twenty thirty, if we were going

448
00:24:24,160 --> 00:24:26,959
Speaker 3: at sixty percent a year and our growth rate has

449
00:24:27,000 --> 00:24:30,160
Speaker 3: scaled down to about twenty percent, Okay, let's start paying

450
00:24:30,160 --> 00:24:32,520
Speaker 3: some dividends because we want to reward people for being

451
00:24:32,520 --> 00:24:34,920
Speaker 3: with us, right, and we don't want them to feel

452
00:24:34,920 --> 00:24:38,240
Speaker 3: like they got to go somewhere else. Right, So dividends

453
00:24:38,440 --> 00:24:41,800
Speaker 3: one is a great style of investing, but it's also

454
00:24:41,840 --> 00:24:46,640
Speaker 3: a way for companies to reward you for believing in them.

455
00:24:47,080 --> 00:24:49,399
Speaker 3: So let's say we go back to Eyl. Eyl is

456
00:24:49,400 --> 00:24:51,560
Speaker 3: going to be their reference we're going to always use. Right,

457
00:24:51,960 --> 00:24:55,520
Speaker 3: So what happens is, right now, Eyyl will be what

458
00:24:55,560 --> 00:24:57,800
Speaker 3: I would call a young buck. Right, This is a

459
00:24:57,960 --> 00:25:00,320
Speaker 3: this is a while back, I broke down how I

460
00:25:00,359 --> 00:25:03,040
Speaker 3: look at companies. Right, so EYL will be a young buck.

461
00:25:03,040 --> 00:25:04,760
Speaker 3: They new to the game. They got a whole lot

462
00:25:04,800 --> 00:25:07,760
Speaker 3: of potential, yo. Right, They're gonna make some mistakes along

463
00:25:07,800 --> 00:25:11,440
Speaker 3: the way, but that's what happens in a growth process, right.

464
00:25:11,800 --> 00:25:13,640
Speaker 3: So what happens is this, though, they're not gonna pay

465
00:25:13,680 --> 00:25:17,080
Speaker 3: us no dividends right now, because they taking every dollar

466
00:25:17,119 --> 00:25:21,560
Speaker 3: that they make to reinvest into the business. And so

467
00:25:21,760 --> 00:25:25,560
Speaker 3: because they're reinvesting into the business, they can still grow

468
00:25:25,600 --> 00:25:30,480
Speaker 3: at a rapid rate. Y'all with me? So now check

469
00:25:30,520 --> 00:25:34,320
Speaker 3: this out too, though, when a company does pay dividends,

470
00:25:34,520 --> 00:25:39,560
Speaker 3: here's the pro to it. When a company does pay dividends,

471
00:25:39,960 --> 00:25:46,160
Speaker 3: what happens is anytime you see a market correction or

472
00:25:45,440 --> 00:25:51,040
Speaker 3: a stock price is falling, dividing paying companies don't fall

473
00:25:51,119 --> 00:25:54,760
Speaker 3: as much as everybody else. I like to use this analogy.

474
00:25:55,240 --> 00:25:57,600
Speaker 3: You ever got a butt whipping from your mama before?

475
00:25:58,359 --> 00:26:00,440
Speaker 3: But then you said, you know what, I'm about to

476
00:26:00,480 --> 00:26:02,600
Speaker 3: get this ads whooping, I'm gonna go put another pair

477
00:26:02,640 --> 00:26:05,760
Speaker 3: of pants on. I may never ever did that. I'm

478
00:26:05,800 --> 00:26:08,080
Speaker 3: gonna go put another pair of pants on. So you

479
00:26:08,080 --> 00:26:10,560
Speaker 3: put another pair of shorts on, you put another pair

480
00:26:10,560 --> 00:26:12,800
Speaker 3: of pants on right quick, and that kind of take

481
00:26:12,880 --> 00:26:16,080
Speaker 3: the blow away, right, so you thought until she started

482
00:26:16,119 --> 00:26:20,440
Speaker 3: hitting you on your wrists and like, damn, I ain't

483
00:26:20,440 --> 00:26:24,800
Speaker 3: had no protection for that, right, So that's what happened

484
00:26:24,800 --> 00:26:27,199
Speaker 3: with dividends. So most often what happens is when the

485
00:26:27,200 --> 00:26:31,320
Speaker 3: company pays dividends, because they're paying the dividends because they

486
00:26:31,359 --> 00:26:34,360
Speaker 3: have that cash for that, they often don't take the

487
00:26:34,400 --> 00:26:38,280
Speaker 3: same hit as it would if it wasn't paying one.

488
00:26:39,080 --> 00:26:41,560
Speaker 3: Does that make sense to everyone? Does that make sense?

489
00:26:41,560 --> 00:26:44,840
Speaker 3: That is that we we locking in right here, we traveling.

490
00:26:44,960 --> 00:26:47,600
Speaker 2: And dividends are are not guaranted like they can stop

491
00:26:47,640 --> 00:26:50,359
Speaker 2: dividends at.

492
00:26:50,080 --> 00:26:53,600
Speaker 3: So again at dividends, so we're looking at this. So

493
00:26:53,720 --> 00:26:55,879
Speaker 3: now we tap into something else while we're just talking

494
00:26:55,880 --> 00:26:59,359
Speaker 3: about dividends. Right, One of the things we want to

495
00:26:59,359 --> 00:27:01,240
Speaker 3: look at is a track record. And this is why

496
00:27:01,280 --> 00:27:03,440
Speaker 3: we don't want you. This is why that other one

497
00:27:03,480 --> 00:27:07,000
Speaker 3: made sense about the payout ratio, right, So what happens

498
00:27:07,080 --> 00:27:11,320
Speaker 3: is this a company that has and this will get

499
00:27:11,320 --> 00:27:13,600
Speaker 3: a little bit into like financing what I get into

500
00:27:13,680 --> 00:27:16,800
Speaker 3: with it. But we want to be invested in businesses

501
00:27:16,840 --> 00:27:20,119
Speaker 3: with great financials. With businesses with a lot with cash

502
00:27:20,160 --> 00:27:24,080
Speaker 3: on deck, positive cash flow, positive cash on deck, and

503
00:27:24,080 --> 00:27:25,640
Speaker 3: I don't want to go tool with people here because

504
00:27:25,640 --> 00:27:28,360
Speaker 3: we won't keep it in that one on one second.

505
00:27:28,600 --> 00:27:30,760
Speaker 3: But the reason why we want that is because in

506
00:27:30,960 --> 00:27:35,159
Speaker 3: hard times, what we don't want them to do is

507
00:27:35,240 --> 00:27:42,840
Speaker 3: cut it. See during the pandemic, a lot of companies

508
00:27:42,840 --> 00:27:48,000
Speaker 3: did two things. They cut the dividend or they suspended

509
00:27:48,000 --> 00:27:53,280
Speaker 3: the dividend. The reason being was because they didn't have

510
00:27:53,480 --> 00:27:58,280
Speaker 3: enough cash to withstand one day. Didn't know how long

511
00:27:58,320 --> 00:28:00,720
Speaker 3: the pandemic was going to happen, so they didn't They

512
00:28:00,760 --> 00:28:04,120
Speaker 3: didn't have enough cash reserve to say, Okay, I can

513
00:28:04,200 --> 00:28:09,679
Speaker 3: still pay my dividends and take care of my business financially.

514
00:28:10,320 --> 00:28:12,680
Speaker 3: One of the two things got to happen. I gotta

515
00:28:12,720 --> 00:28:15,439
Speaker 3: cut this dividend so I can make sure the companies

516
00:28:15,440 --> 00:28:19,920
Speaker 3: stay afloat all gonna take on more debt to stay afloat.

517
00:28:20,200 --> 00:28:22,720
Speaker 3: You never want those two things to happen. So you

518
00:28:22,760 --> 00:28:26,800
Speaker 3: saw companies like Exxon. You saw companies you know, cutting

519
00:28:26,800 --> 00:28:31,359
Speaker 3: their dividends, pausing they dividend, airline businesses, cruise ship businesses,

520
00:28:31,680 --> 00:28:34,600
Speaker 3: cutting they dividend, freezing them because they couldn't do it.

521
00:28:34,880 --> 00:28:39,840
Speaker 3: They couldn't burn sixty million dollars a day because nobody

522
00:28:39,920 --> 00:28:43,480
Speaker 3: was flying and still pay you a dividend, not knowing

523
00:28:43,480 --> 00:28:47,200
Speaker 3: this was going to take another year, year and some change. Right,

524
00:28:47,480 --> 00:28:50,400
Speaker 3: so they cut it or they freezed it or whatever.

525
00:28:50,520 --> 00:28:52,840
Speaker 3: You don't want that. You want a company that's in

526
00:28:52,880 --> 00:28:56,440
Speaker 3: a good financial state that can continuously pay you that dividend.

527
00:28:56,720 --> 00:28:58,440
Speaker 3: And so some of the companies you'll look at was

528
00:28:58,480 --> 00:29:04,120
Speaker 3: called like dividing aristocrat, dividend kings, dividend challenges. Right, these

529
00:29:04,120 --> 00:29:08,240
Speaker 3: are companies that paid dividends for ten years, twenty five years,

530
00:29:08,600 --> 00:29:11,680
Speaker 3: and thirty years plus. But we don't want I don't

531
00:29:11,680 --> 00:29:14,680
Speaker 3: want to go too far down the line with that, right,

532
00:29:14,720 --> 00:29:18,960
Speaker 3: But that's yep, real quick. When a company suspendses dividend,

533
00:29:19,400 --> 00:29:21,360
Speaker 3: is there usually a timeframe when they can pick it

534
00:29:21,400 --> 00:29:24,520
Speaker 3: back up? They can't, So it's now it's up to them,

535
00:29:24,960 --> 00:29:27,720
Speaker 3: Like when do we get our finances back on track?

536
00:29:28,080 --> 00:29:30,920
Speaker 3: What does the future look like? Is the industry picking

537
00:29:31,000 --> 00:29:34,080
Speaker 3: back up? Right? You start seeing things like that. So

538
00:29:34,160 --> 00:29:36,200
Speaker 3: now they got to make a whole decision. They got

539
00:29:36,200 --> 00:29:39,160
Speaker 3: to make that financial decision, and that's not a decision

540
00:29:39,200 --> 00:29:41,520
Speaker 3: you want to have to worry about. Right, So if

541
00:29:41,520 --> 00:29:44,160
Speaker 3: you're going to pick a company, so let's even say this, right,

542
00:29:44,240 --> 00:29:45,920
Speaker 3: I want you to know this before I get into

543
00:29:45,960 --> 00:29:49,080
Speaker 3: the other way. When you looking at dividing playing companies,

544
00:29:49,120 --> 00:29:52,440
Speaker 3: you want to look at what's called that dividend yield. Right,

545
00:29:52,480 --> 00:29:54,320
Speaker 3: So let me tell you what the yield is. The

546
00:29:54,520 --> 00:29:59,880
Speaker 3: yield is simply the portion of the stock price that's

547
00:30:00,080 --> 00:30:02,640
Speaker 3: being paid out to you in cash. So if the

548
00:30:02,680 --> 00:30:05,760
Speaker 3: company's dividing yield is seven percent, you take seven percent

549
00:30:05,840 --> 00:30:07,920
Speaker 3: of that stock price and you'll know exactly what you're

550
00:30:07,920 --> 00:30:08,920
Speaker 3: getting as a dividend.

551
00:30:10,480 --> 00:30:10,680
Speaker 4: Right.

552
00:30:10,720 --> 00:30:13,120
Speaker 3: So if Apple has two hundred and some dollars and

553
00:30:13,160 --> 00:30:15,800
Speaker 3: they're dividing is one point nine percent, then you take

554
00:30:15,840 --> 00:30:18,080
Speaker 3: that one point nine percent and that'll give you what

555
00:30:18,160 --> 00:30:22,200
Speaker 3: they're paying you as a dividend. Makes sense ever about it?

556
00:30:22,520 --> 00:30:23,040
Speaker 4: That's a fact.

557
00:30:23,080 --> 00:30:25,840
Speaker 2: And let me just reset the room real quick for

558
00:30:25,920 --> 00:30:30,120
Speaker 2: anybody that has just joined. We're talking about stocks, how

559
00:30:30,120 --> 00:30:32,600
Speaker 2: to get involved in stocks, how to start investing in

560
00:30:32,680 --> 00:30:34,440
Speaker 2: stocks at the ground level.

561
00:30:34,720 --> 00:30:36,760
Speaker 4: And you know, it was crazy.

562
00:30:36,760 --> 00:30:38,520
Speaker 2: I don't know if you saw Market Mondays on Monday

563
00:30:38,560 --> 00:30:42,280
Speaker 2: when Mike Novogratz when he was on and you know,

564
00:30:42,280 --> 00:30:43,000
Speaker 2: he's a big cooin.

565
00:30:42,920 --> 00:30:45,320
Speaker 4: Billionaire and big coin bonaire. That's a fact.

566
00:30:45,320 --> 00:30:48,560
Speaker 2: He's a whale and there's only like three whales in America,

567
00:30:48,680 --> 00:30:52,320
Speaker 2: him and the Winklevans twins. So it's like he's, you know,

568
00:30:52,560 --> 00:30:55,160
Speaker 2: he's kind of an elite guy. And he was watching

569
00:30:55,200 --> 00:30:57,040
Speaker 2: what we were saying with Ian was talking about and

570
00:30:57,040 --> 00:31:00,880
Speaker 2: he was like, I was shoted. He's like, I'm prize

571
00:31:00,880 --> 00:31:03,680
Speaker 2: that you guys are given this much informational information away

572
00:31:03,720 --> 00:31:05,480
Speaker 2: for free. This is a guy that ran a hedge fund,

573
00:31:05,920 --> 00:31:09,440
Speaker 2: that runs an investment firm now that is worth six

574
00:31:09,440 --> 00:31:12,640
Speaker 2: billion dollars and me as a financial advisor, like I

575
00:31:12,680 --> 00:31:15,040
Speaker 2: tell people this all the time, like trap, you know,

576
00:31:14,840 --> 00:31:17,600
Speaker 2: he always he always says that I appreciate that as

577
00:31:17,600 --> 00:31:19,560
Speaker 2: far as like I'm a financial advisor and he's not.

578
00:31:19,720 --> 00:31:22,200
Speaker 2: But I can personally tell you that I've been a

579
00:31:22,200 --> 00:31:26,080
Speaker 2: financial advisor for twelve years and he knows probably more

580
00:31:26,160 --> 00:31:31,680
Speaker 2: than ninety five percent of my colleagues about stocks. So

581
00:31:31,720 --> 00:31:34,600
Speaker 2: I say that to say, you know, sometimes we take

582
00:31:34,640 --> 00:31:37,280
Speaker 2: things for granted, but this is you know, I went

583
00:31:37,320 --> 00:31:40,840
Speaker 2: to college, I have a college degree, I'm a financial advisor,

584
00:31:40,920 --> 00:31:44,000
Speaker 2: and a lot of this stuff he teaches me a lot,

585
00:31:44,400 --> 00:31:49,480
Speaker 2: Like you know, so this level of education, even though

586
00:31:49,480 --> 00:31:51,760
Speaker 2: it's basic for today, as far as the conversation is

587
00:31:51,800 --> 00:31:55,720
Speaker 2: not basic. So just just you know, just keep that

588
00:31:55,800 --> 00:31:59,480
Speaker 2: in mind. So if you can like the video on YouTube,

589
00:32:00,360 --> 00:32:04,400
Speaker 2: that would greatly be appreciative. Appreciate it because that does

590
00:32:04,480 --> 00:32:06,680
Speaker 2: help with the algorithm. So if you could just take

591
00:32:06,680 --> 00:32:09,680
Speaker 2: a moment to like the video, and hopefully you guys

592
00:32:09,720 --> 00:32:11,720
Speaker 2: have your note pads out and you're taking some notes.

593
00:32:13,120 --> 00:32:14,800
Speaker 4: So yeah, sorry about that, trap, But.

594
00:32:15,160 --> 00:32:18,440
Speaker 3: Oh man, that's you know, I always I always when

595
00:32:18,440 --> 00:32:21,520
Speaker 3: you say that, I'll always be like, damn, you know

596
00:32:21,560 --> 00:32:23,760
Speaker 3: what I'm saying, because it's what we do, you know,

597
00:32:23,880 --> 00:32:26,840
Speaker 3: like we live it. We we we kind of take

598
00:32:26,880 --> 00:32:29,160
Speaker 3: it for granted, like when you hit me like trap,

599
00:32:29,200 --> 00:32:31,040
Speaker 3: we got to go back to the basics, like we

600
00:32:31,120 --> 00:32:33,000
Speaker 3: always have that conversation, like bro, we got to go

601
00:32:33,040 --> 00:32:35,080
Speaker 3: back to the basics because what we feel to realize

602
00:32:35,120 --> 00:32:38,400
Speaker 3: that we're getting new people in every day all day.

603
00:32:38,400 --> 00:32:39,840
Speaker 3: And I'm gonna just be real. I was talking to

604
00:32:39,880 --> 00:32:41,800
Speaker 3: the guy today I'm not gonna say the name on

605
00:32:41,840 --> 00:32:44,520
Speaker 3: Wall Street who I called y'all with, and he said

606
00:32:44,560 --> 00:32:49,600
Speaker 3: something to me, Man, he said, we are now in

607
00:32:49,720 --> 00:32:53,240
Speaker 3: a time, and first he was like he told me

608
00:32:53,280 --> 00:32:54,720
Speaker 3: the same thing. He was like, I've been following you

609
00:32:54,800 --> 00:32:59,800
Speaker 3: for a while and I'm impressed at how much information

610
00:32:59,880 --> 00:33:03,360
Speaker 3: you giveaway. He was like, I'm impressed. He was like,

611
00:33:03,600 --> 00:33:06,720
Speaker 3: I know people on Wall Street don't want you to

612
00:33:06,800 --> 00:33:10,800
Speaker 3: be saying that, like real talk maybe on Wall Street

613
00:33:10,840 --> 00:33:13,960
Speaker 3: four years. He's like, I know people on Wall Street

614
00:33:14,440 --> 00:33:18,000
Speaker 3: don't want that to be said because what happens is

615
00:33:19,120 --> 00:33:23,440
Speaker 3: that puts certain people out of jobs. You know what

616
00:33:23,480 --> 00:33:26,040
Speaker 3: I'm saying. So when I hear a shot, I say

617
00:33:26,040 --> 00:33:29,280
Speaker 3: that all not just be like damn because so many

618
00:33:29,280 --> 00:33:31,960
Speaker 3: people coming in and I still learn. I still learn

619
00:33:32,040 --> 00:33:34,400
Speaker 3: every day. I'm learning more, I'm learning from different people,

620
00:33:34,720 --> 00:33:37,600
Speaker 3: I'm learning from different books. I'm just in my brain

621
00:33:39,040 --> 00:33:42,200
Speaker 3: and so this comes out efinitly. This is our everyday conversation.

622
00:33:42,320 --> 00:33:45,120
Speaker 3: So for people to get this, man, I truly want

623
00:33:45,160 --> 00:33:48,920
Speaker 3: That's what trap or tire required really means. It means

624
00:33:48,960 --> 00:33:52,560
Speaker 3: when you're pinning your path yor like, bring that and

625
00:33:52,680 --> 00:33:55,560
Speaker 3: if you're above this level, that's cool. This is a

626
00:33:55,600 --> 00:33:58,000
Speaker 3: refresher for you. You know what I'm saying. That's I

627
00:33:58,120 --> 00:34:01,080
Speaker 3: always feel like if you as this, this the refresher,

628
00:34:01,120 --> 00:34:03,920
Speaker 3: because once you gain so much now sometimes you forget

629
00:34:03,920 --> 00:34:07,680
Speaker 3: the basics. You know, we call that a review.

630
00:34:07,800 --> 00:34:11,920
Speaker 8: In the education field, Hey, somebody's somebody's asking what the

631
00:34:11,960 --> 00:34:14,200
Speaker 8: share is and so really quickly, and this is something

632
00:34:14,200 --> 00:34:16,520
Speaker 8: that we deal with with our students. A share is

633
00:34:16,520 --> 00:34:18,239
Speaker 8: a piece of ownership in the company. And so the

634
00:34:18,280 --> 00:34:19,920
Speaker 8: best way we'd like to explain it this thing of

635
00:34:19,920 --> 00:34:23,560
Speaker 8: a pie of pizza, that that pie gets cut into

636
00:34:23,560 --> 00:34:25,840
Speaker 8: eight slices, ten slices, a million slices.

637
00:34:26,400 --> 00:34:28,840
Speaker 4: Each piece is a part of ownership.

638
00:34:28,920 --> 00:34:32,080
Speaker 8: And so the more slices you buy, the more ownership

639
00:34:32,120 --> 00:34:34,680
Speaker 8: you have in that pie. And so that that's what

640
00:34:34,719 --> 00:34:36,480
Speaker 8: it shares. I see some people in the in the

641
00:34:36,560 --> 00:34:38,640
Speaker 8: zoom the earners are asking what to share is? That's

642
00:34:38,680 --> 00:34:40,560
Speaker 8: what I want to say, share. I want to ask

643
00:34:40,600 --> 00:34:42,640
Speaker 8: you a question. We talk about ETFs a lot on

644
00:34:42,719 --> 00:34:46,000
Speaker 8: market money. They talk about ETFs a lot, but people

645
00:34:46,080 --> 00:34:49,120
Speaker 8: might they still might not fully understand what the ETF is.

646
00:34:49,760 --> 00:34:53,279
Speaker 8: So can you talk about what the what the e

647
00:34:53,400 --> 00:34:54,359
Speaker 8: t F is?

648
00:34:54,880 --> 00:34:57,319
Speaker 3: All right? Cool? Let me say this first shot before

649
00:34:57,360 --> 00:34:59,279
Speaker 3: we do that. And the second where you get paid

650
00:34:59,400 --> 00:35:02,840
Speaker 3: with stock is through equity. The first way is vivid

651
00:35:02,960 --> 00:35:05,799
Speaker 3: in the second way is The second is equity. So

652
00:35:05,880 --> 00:35:08,520
Speaker 3: equity is if you're invested in a business that probably

653
00:35:08,520 --> 00:35:11,320
Speaker 3: doesn't pay dividends. But that's simply saying is if you

654
00:35:11,440 --> 00:35:13,800
Speaker 3: put ten dollars in and the stock goes up to fifteen,

655
00:35:13,840 --> 00:35:16,520
Speaker 3: you now have five dollars in equity in it. Right,

656
00:35:16,560 --> 00:35:18,400
Speaker 3: if it goes up to one hundred, now you have

657
00:35:18,520 --> 00:35:20,799
Speaker 3: ninety dollars in equity in it. But here's the thing.

658
00:35:20,840 --> 00:35:22,680
Speaker 3: The only way you can get that money is by

659
00:35:22,719 --> 00:35:26,359
Speaker 3: selling it. The only way you get that money is

660
00:35:26,400 --> 00:35:29,360
Speaker 3: by selling it. I want you all to think long

661
00:35:29,480 --> 00:35:33,280
Speaker 3: term when we talk about you got to ask yourself.

662
00:35:33,320 --> 00:35:37,640
Speaker 3: Am I a trader or am I an investor? Somebody say,

663
00:35:37,680 --> 00:35:40,120
Speaker 3: don't forget to talk about all the types of stop losses.

664
00:35:40,360 --> 00:35:44,799
Speaker 3: That's cool, but as an investor, I want you to

665
00:35:44,840 --> 00:35:48,000
Speaker 3: think long term, and sometimes those things are null and void.

666
00:35:49,520 --> 00:35:52,080
Speaker 3: Right when you think an investor, were not wearying about

667
00:35:52,440 --> 00:35:56,319
Speaker 3: like stop losses as an investor, as a trader, were

668
00:35:56,360 --> 00:35:59,560
Speaker 3: talking different. We talking investing here. So were talking by

669
00:35:59,560 --> 00:36:03,440
Speaker 3: our company. Hold it. As the company grows, we grow,

670
00:36:03,800 --> 00:36:08,520
Speaker 3: at some point, we sell, take profits and then reinvest.

671
00:36:08,760 --> 00:36:11,760
Speaker 3: That's what we're talking right, So that is that doesn't

672
00:36:11,800 --> 00:36:14,759
Speaker 3: make sense. Family of limit, all this market, all the

673
00:36:14,800 --> 00:36:17,480
Speaker 3: stop laws. But right now we're just talking buy and

674
00:36:17,600 --> 00:36:22,000
Speaker 3: whole long term mid term investing. We don't even do

675
00:36:22,120 --> 00:36:24,759
Speaker 3: that at that right, not right now, not right now,

676
00:36:24,840 --> 00:36:27,080
Speaker 3: great point building. So I want you all to know

677
00:36:27,120 --> 00:36:29,440
Speaker 3: that when it comes to stocks, you get paid two ways.

678
00:36:29,719 --> 00:36:32,720
Speaker 3: One is through dividends. The next way is through equity.

679
00:36:32,920 --> 00:36:35,479
Speaker 3: The dual part about dividends is you get paid two times.

680
00:36:35,520 --> 00:36:38,920
Speaker 3: You get paid through dividends and you get paid through equity.

681
00:36:39,719 --> 00:36:42,359
Speaker 3: So and before I move to the etf ever shot

682
00:36:42,440 --> 00:36:45,640
Speaker 3: asks me, some people ask when are dividends normally paid?

683
00:36:46,200 --> 00:36:49,720
Speaker 3: So they're paid depending on the company, they can normally

684
00:36:49,719 --> 00:36:52,600
Speaker 3: it's every three months, which is every quarter, right, so

685
00:36:52,719 --> 00:36:57,040
Speaker 3: you'll you'll pay quarterly. Some companies pay once a year.

686
00:36:57,840 --> 00:37:01,920
Speaker 3: Some people like Disney pay every six months semi an.

687
00:37:02,520 --> 00:37:04,600
Speaker 3: So you would have to figure out and it's easy.

688
00:37:04,600 --> 00:37:06,680
Speaker 3: You go to the company and they'll tell you how

689
00:37:06,719 --> 00:37:09,799
Speaker 3: they're paying their dividends out and then and then some

690
00:37:09,840 --> 00:37:13,239
Speaker 3: companies actually can pay a special dividend, but that's a

691
00:37:13,239 --> 00:37:15,880
Speaker 3: whole other thing. So just to let y'all know that

692
00:37:16,000 --> 00:37:19,759
Speaker 3: right quick, So asked me talk about et s and

693
00:37:19,800 --> 00:37:26,960
Speaker 3: so for me, I personally feel that as a beginner investor,

694
00:37:28,000 --> 00:37:32,359
Speaker 3: e t s are a great way to start. I

695
00:37:32,440 --> 00:37:36,000
Speaker 3: personally own to ETS now, and so it's not just

696
00:37:36,160 --> 00:37:41,800
Speaker 3: limited to beginner investors. Right, So what happens is, let's

697
00:37:41,880 --> 00:37:43,880
Speaker 3: let's think about it like this. Let's see and this

698
00:37:44,040 --> 00:37:46,440
Speaker 3: is the best way that I always learned how to

699
00:37:46,480 --> 00:37:50,560
Speaker 3: talk about it. So let's say you walked into the

700
00:37:50,640 --> 00:37:55,879
Speaker 3: grocery store and you wanted to buy a bag of chips, right,

701
00:37:56,000 --> 00:37:59,319
Speaker 3: but you didn't know exactly what bag of chips you

702
00:37:59,360 --> 00:38:02,400
Speaker 3: wanted to buy. But we also know that in a

703
00:38:02,440 --> 00:38:10,160
Speaker 3: bag of chip all there's pretzels, popcorn, crackers, uh, just wafers,

704
00:38:10,440 --> 00:38:13,719
Speaker 3: cookie all that is in the bag of chip op. Right,

705
00:38:14,000 --> 00:38:16,799
Speaker 3: So let's thing about this. Each bag of chips are

706
00:38:16,880 --> 00:38:22,440
Speaker 3: each pretzel, each cookie represented a company. Right, So each cookie,

707
00:38:22,560 --> 00:38:26,200
Speaker 3: each each cookie brand, each pretzel brand, each popcorn brand,

708
00:38:26,560 --> 00:38:31,080
Speaker 3: each bag of chip brand, they all represented a different company,

709
00:38:31,520 --> 00:38:36,399
Speaker 3: but they all are on the bag of chip op. Right.

710
00:38:37,719 --> 00:38:42,680
Speaker 3: Then ETF is saying I don't know which cookie, cracker,

711
00:38:42,800 --> 00:38:45,879
Speaker 3: pop competato chip I want, but I know I want

712
00:38:45,920 --> 00:38:48,120
Speaker 3: one of them, so I'm gonna just buy the whole

713
00:38:48,200 --> 00:38:55,560
Speaker 3: our that's the ETF. That's the ETL. An ETF is

714
00:38:55,600 --> 00:38:59,680
Speaker 3: simply saying I want to buy in a certain sector

715
00:38:59,760 --> 00:39:03,480
Speaker 3: of a market, but I don't know which company I want,

716
00:39:03,680 --> 00:39:07,480
Speaker 3: so I get this sector. Now, different et s can

717
00:39:07,520 --> 00:39:10,520
Speaker 3: be for the same sector but have different companies inside

718
00:39:10,520 --> 00:39:14,479
Speaker 3: of it. Right, So you can buy marijuana ETF MJ.

719
00:39:14,640 --> 00:39:19,480
Speaker 3: But it may have con chronos, it may have canopy growth,

720
00:39:19,560 --> 00:39:24,160
Speaker 3: it may have YEAH them, but then you may get YO.

721
00:39:24,840 --> 00:39:29,120
Speaker 3: It may have it may not have canopy growth. It

722
00:39:29,200 --> 00:39:35,719
Speaker 3: may have GW, it may have I I, p R,

723
00:39:36,120 --> 00:39:38,280
Speaker 3: you know, it may have different ones, but it's still

724
00:39:38,440 --> 00:39:43,520
Speaker 3: different marijuana et s. Right, so that everybody understands, that's

725
00:39:43,560 --> 00:39:46,720
Speaker 3: exactly what the ETF is. It gives you the option

726
00:39:46,880 --> 00:39:49,960
Speaker 3: to be inside of a sector that you like. And

727
00:39:50,040 --> 00:39:52,480
Speaker 3: if you don't know exactly which company you have a

728
00:39:52,680 --> 00:39:55,120
Speaker 3: which company like you want to go with, you still

729
00:39:55,120 --> 00:39:57,640
Speaker 3: want to research it, you can go there. One of

730
00:39:57,680 --> 00:40:00,560
Speaker 3: the ets I personally got in was one p R

731
00:40:00,760 --> 00:40:04,239
Speaker 3: n T. I told Troy about it a while back. Right,

732
00:40:04,320 --> 00:40:07,480
Speaker 3: it's a three D print ETF. I was still learning

733
00:40:07,480 --> 00:40:09,759
Speaker 3: the companies in there. I was still doing research on

734
00:40:09,840 --> 00:40:12,239
Speaker 3: the companies in there. But I bought the ETFs. I

735
00:40:12,280 --> 00:40:15,080
Speaker 3: was like, Yo, this is a hot industry that's going

736
00:40:15,160 --> 00:40:17,319
Speaker 3: to be around for a launch. This is the this

737
00:40:17,360 --> 00:40:20,200
Speaker 3: is where we're headed at. So I bought the ETF

738
00:40:20,560 --> 00:40:23,400
Speaker 3: until I'm able to break down and understand all of

739
00:40:23,400 --> 00:40:26,879
Speaker 3: those companies. The dope part about it et U is this,

740
00:40:28,880 --> 00:40:33,440
Speaker 3: they almost automatically do all the research for you. So

741
00:40:33,520 --> 00:40:36,760
Speaker 3: they've already put the best companies in there, the best

742
00:40:36,760 --> 00:40:40,640
Speaker 3: performing companies. They've already done it. Now. The dope part

743
00:40:40,680 --> 00:40:44,720
Speaker 3: about it et UP is also this, they will change

744
00:40:44,760 --> 00:40:48,640
Speaker 3: those companies out once a year dependent on the performance.

745
00:40:49,400 --> 00:40:52,840
Speaker 3: All what they'll do is they'll say this company is

746
00:40:52,880 --> 00:40:57,480
Speaker 3: performing well, this company is performing bad, but this company

747
00:40:57,560 --> 00:41:02,600
Speaker 3: is slowing down, all right, juice. Example, Alesia has the ETF.

748
00:41:03,239 --> 00:41:06,000
Speaker 3: Inside of the ETF, they got Wall Street trapper, they

749
00:41:06,000 --> 00:41:09,719
Speaker 3: got Mad the mortgage guy, they got David Shan's, they

750
00:41:09,719 --> 00:41:14,440
Speaker 3: got every you know, ash cash, the new people. Everybody

751
00:41:14,640 --> 00:41:17,640
Speaker 3: is in there. Now here's the thing. Everybody will have

752
00:41:17,719 --> 00:41:22,279
Speaker 3: a different percentage, right, so they may have I'm gonna

753
00:41:22,320 --> 00:41:25,520
Speaker 3: be buying myself. They got forty percent of the ETF

754
00:41:25,560 --> 00:41:26,440
Speaker 3: and Wall Street trapped.

755
00:41:29,760 --> 00:41:35,200
Speaker 8: That sounds about right, sounds about right, Going stock going

756
00:41:35,200 --> 00:41:35,600
Speaker 8: a way up.

757
00:41:38,400 --> 00:41:41,040
Speaker 3: Forty percent of the EATF is in Wall Street Trapper,

758
00:41:41,400 --> 00:41:44,239
Speaker 3: ten percent of the fifteen percent of the ETF me

759
00:41:44,320 --> 00:41:47,480
Speaker 3: being mad the mortgage guy. So on before until we

760
00:41:47,560 --> 00:41:52,480
Speaker 3: get to a one hundred percent. Here's the thing. They

761
00:41:52,520 --> 00:41:58,200
Speaker 3: may say, Matt gonna kill me for this. So let's

762
00:41:58,239 --> 00:42:01,920
Speaker 3: say that the markets god slowed up a little bit,

763
00:42:03,600 --> 00:42:08,319
Speaker 3: he didn't perform as well this year. But let's say

764
00:42:08,440 --> 00:42:14,960
Speaker 3: David Shans like was increased, like his wave was growing.

765
00:42:15,600 --> 00:42:18,000
Speaker 3: So what EYL would do is say, yo, we'll take

766
00:42:19,040 --> 00:42:23,080
Speaker 3: and stearated Matt having twenty percent, will take five percent

767
00:42:23,719 --> 00:42:27,720
Speaker 3: of our position from Matt and added to David Shans

768
00:42:28,680 --> 00:42:31,120
Speaker 3: And so now David Shan's will go from maybe ten

769
00:42:31,200 --> 00:42:34,680
Speaker 3: percent to fifteen percent, and Matt will go from twenty

770
00:42:34,719 --> 00:42:37,480
Speaker 3: percent to fifteen percent. And so that's what they're do

771
00:42:37,560 --> 00:42:42,600
Speaker 3: in ETF. They if one company isn't performing as they expected,

772
00:42:43,160 --> 00:42:45,919
Speaker 3: they'll take position from that company and add it into

773
00:42:46,640 --> 00:42:49,960
Speaker 3: another company inside of the ETF so the ETF can

774
00:42:50,080 --> 00:42:53,520
Speaker 3: keep performing well. If one per company is just not

775
00:42:53,640 --> 00:42:57,279
Speaker 3: performing at all, then that fund manager will take that

776
00:42:57,400 --> 00:43:01,120
Speaker 3: company out and replace it with someone one else. That

777
00:43:01,239 --> 00:43:03,839
Speaker 3: makes sense to everybody, absolutely and real quick.

778
00:43:03,880 --> 00:43:06,239
Speaker 8: So some people are asking where they could find ETFs

779
00:43:06,600 --> 00:43:10,279
Speaker 8: and so etfdb dot com is a great it'll show

780
00:43:10,320 --> 00:43:12,960
Speaker 8: you exactly what trap is talking about inside of the

781
00:43:13,000 --> 00:43:15,799
Speaker 8: ETF And another thing that people don't realize is the

782
00:43:15,880 --> 00:43:18,719
Speaker 8: number of sectors. So there's eleven sectors on the market,

783
00:43:18,800 --> 00:43:20,640
Speaker 8: and so I'm going to run through them because people

784
00:43:20,719 --> 00:43:22,960
Speaker 8: always like we talk about technology a lot, because yeah,

785
00:43:23,000 --> 00:43:24,440
Speaker 8: we invest in technology companies.

786
00:43:24,560 --> 00:43:25,600
Speaker 3: So energy is.

787
00:43:25,560 --> 00:43:32,560
Speaker 8: A sector, Materials is a sector, Industrials, consumer discretionary, consumer staples, healthcare, financials,

788
00:43:32,880 --> 00:43:37,920
Speaker 8: information technology, telecommunication services, utilities, and real estate. Those are

789
00:43:37,960 --> 00:43:40,480
Speaker 8: the eleven sectors of the market. And so if you're

790
00:43:40,520 --> 00:43:43,160
Speaker 8: familiar with the things you're investing in now, or if

791
00:43:43,200 --> 00:43:45,640
Speaker 8: you're trying to get invested in again, we always say,

792
00:43:45,680 --> 00:43:47,640
Speaker 8: we'll start looking around you where your money going.

793
00:43:47,680 --> 00:43:47,960
Speaker 4: Now.

794
00:43:48,480 --> 00:43:50,760
Speaker 8: Your money might be going to one of those eleven

795
00:43:50,960 --> 00:43:52,880
Speaker 8: It definitely is going to one of those elevens. So

796
00:43:53,520 --> 00:43:57,120
Speaker 8: get familiar with them, and etfdb is a great resource

797
00:43:57,200 --> 00:44:00,560
Speaker 8: to find exactly what they're holding in the allocation percentages

798
00:44:00,600 --> 00:44:01,480
Speaker 8: and how they perform.

799
00:44:01,600 --> 00:44:02,880
Speaker 4: Yeah, shout out, shout out to.

800
00:44:02,920 --> 00:44:03,800
Speaker 3: That, shout out to that.

801
00:44:03,960 --> 00:44:11,319
Speaker 8: You know, we love that right now, they said, they

802
00:44:11,360 --> 00:44:12,760
Speaker 8: can feel an mg ran coming.

803
00:44:12,840 --> 00:44:15,080
Speaker 3: No, no, this that's our brother, man, that's our brother.

804
00:44:16,600 --> 00:44:19,000
Speaker 3: While y'all talking, I'm like that, I meant no harm

805
00:44:20,160 --> 00:44:23,160
Speaker 3: I love I love you. I love you man.

806
00:44:25,080 --> 00:44:26,240
Speaker 4: That's to go.

807
00:44:27,040 --> 00:44:29,680
Speaker 2: That's and you know another way, honestly, just like to

808
00:44:29,760 --> 00:44:32,040
Speaker 2: be completely honest about it, if you really want to

809
00:44:32,080 --> 00:44:34,879
Speaker 2: just be really lazy about it, you can google top

810
00:44:34,920 --> 00:44:36,840
Speaker 2: performing ETFs in the space. So like, even if he

811
00:44:36,960 --> 00:44:39,799
Speaker 2: was looking like biotech, like you know iv B, Like

812
00:44:39,880 --> 00:44:44,239
Speaker 2: you know, I'm invested in ib B, and I heard

813
00:44:44,239 --> 00:44:46,759
Speaker 2: about ib B before. But let's say I didn't know

814
00:44:46,800 --> 00:44:50,400
Speaker 2: about ib B. I know that you know the coronavirus.

815
00:44:50,440 --> 00:44:52,440
Speaker 2: Bio Biotech is a big thing. We talked about it

816
00:44:52,440 --> 00:44:54,919
Speaker 2: on Market Mondays before. No matter how you feel about

817
00:44:54,960 --> 00:44:58,080
Speaker 2: the vaccine or whatever, it's an industry and biotech is

818
00:44:58,080 --> 00:44:59,520
Speaker 2: here to stay, and it's only you know, go and

819
00:44:59,600 --> 00:45:02,080
Speaker 2: get bigger and bigger. It looks like, so you might

820
00:45:02,120 --> 00:45:05,680
Speaker 2: be invested in investing in a biotech stock, but it

821
00:45:05,760 --> 00:45:08,520
Speaker 2: might be risky to invest in just one biotech company

822
00:45:08,760 --> 00:45:11,359
Speaker 2: that you might not know too much about. So now

823
00:45:11,400 --> 00:45:13,799
Speaker 2: the ETF is kind of like, you know, a way

824
00:45:13,840 --> 00:45:17,520
Speaker 2: to mitigate that risk. Because you're not investing in one company,

825
00:45:17,640 --> 00:45:20,560
Speaker 2: investing in twenty companies or twenty five companies. Have a

826
00:45:20,560 --> 00:45:23,520
Speaker 2: many companies is actually in the ETF. So I always

827
00:45:23,520 --> 00:45:26,000
Speaker 2: tell people that that and index funds, we can talk

828
00:45:26,000 --> 00:45:29,680
Speaker 2: about index funds as well. Is the easiest route because

829
00:45:29,960 --> 00:45:33,000
Speaker 2: that's the hurdle that people have when they get it's

830
00:45:33,040 --> 00:45:35,839
Speaker 2: like which stock to buy and when to buy it,

831
00:45:35,920 --> 00:45:39,040
Speaker 2: and then it kind of becomes like, you know, double dutch,

832
00:45:39,080 --> 00:45:40,239
Speaker 2: like you don't know when to get in when to

833
00:45:40,280 --> 00:45:40,640
Speaker 2: get out.

834
00:45:41,080 --> 00:45:42,680
Speaker 4: I'm just randomly just gonna buy.

835
00:45:42,600 --> 00:45:47,400
Speaker 2: Tesla because Elon Musk just tweets about doge coin something

836
00:45:47,440 --> 00:45:49,920
Speaker 2: like that, Like you know what I'm saying. So ETF

837
00:45:50,160 --> 00:45:53,360
Speaker 2: is a good way to ease your way into the

838
00:45:53,400 --> 00:45:56,960
Speaker 2: stock market. And then another strategy that we use with

839
00:45:56,960 --> 00:46:00,279
Speaker 2: ets is to cherry pick like the top of foring.

840
00:46:00,360 --> 00:46:04,279
Speaker 2: So like the XLK, you want to talk about that

841
00:46:04,320 --> 00:46:05,520
Speaker 2: strategy a little bit trap?

842
00:46:07,680 --> 00:46:10,600
Speaker 3: Are we talking about just picking companies from well.

843
00:46:10,520 --> 00:46:12,200
Speaker 2: Like so what we do sometime with the xl so

844
00:46:12,280 --> 00:46:15,440
Speaker 2: like XLK when they have like twenty different stocks inside

845
00:46:15,480 --> 00:46:18,080
Speaker 2: of it, but their top two holdings, Yeah yeah, yeah,

846
00:46:18,400 --> 00:46:21,760
Speaker 2: Apple and Microsoft, Right, so you know, like me personally.

847
00:46:21,840 --> 00:46:24,879
Speaker 2: Me personally, I'm invested in XLK and I'm invested in.

848
00:46:24,840 --> 00:46:26,920
Speaker 4: Apple, So my Apple.

849
00:46:27,080 --> 00:46:30,960
Speaker 2: If Apple does one hundred percent, XLK might do twenty percent,

850
00:46:31,040 --> 00:46:34,160
Speaker 2: right because Apple only makes up like ten percent of

851
00:46:34,160 --> 00:46:39,360
Speaker 2: the portfolio. But if Apple's underperforming, XLK could potentially do

852
00:46:39,440 --> 00:46:40,160
Speaker 2: better than Apple.

853
00:46:40,200 --> 00:46:41,040
Speaker 4: So it's a hedge.

854
00:46:41,320 --> 00:46:43,960
Speaker 2: So now instead of putting all my eggs in one basket,

855
00:46:44,040 --> 00:46:47,040
Speaker 2: like all my eggs with just Apple, I have Apple

856
00:46:47,480 --> 00:46:50,880
Speaker 2: and I have XLK, so I'm hedged. So if Apple,

857
00:46:51,000 --> 00:46:54,160
Speaker 2: if Apple underperforms, I got the all star team, which

858
00:46:54,200 --> 00:46:58,200
Speaker 2: is the ETF. But if Apple goes crazy, then it's

859
00:46:58,239 --> 00:47:00,960
Speaker 2: gonna go Yeah exactly.

860
00:47:00,840 --> 00:47:02,759
Speaker 8: And that you know, you know what you can do,

861
00:47:02,880 --> 00:47:04,920
Speaker 8: And I'm glad you said that. It was like before

862
00:47:04,960 --> 00:47:06,960
Speaker 8: I knew of et F d B. That's the first

863
00:47:07,000 --> 00:47:08,960
Speaker 8: thing I did. I looked at the companies that I

864
00:47:09,040 --> 00:47:11,719
Speaker 8: was spending money with and I typed in ETF, so

865
00:47:11,760 --> 00:47:14,879
Speaker 8: I literally put Amazon ETF and I saw which ones

866
00:47:14,920 --> 00:47:17,280
Speaker 8: were performing best, and I said, oh, wait, this spider

867
00:47:17,320 --> 00:47:19,880
Speaker 8: one is performing Okay, let's move that route. And so

868
00:47:19,920 --> 00:47:22,399
Speaker 8: when you see again he's invested in Apple. We both

869
00:47:22,400 --> 00:47:26,000
Speaker 8: invested in Apple and x okay, but another one, right XL.

870
00:47:26,080 --> 00:47:30,839
Speaker 8: Why I had twenty three percent Amazon allocation? I think

871
00:47:30,920 --> 00:47:33,920
Speaker 8: Amazon's not going anywhere, right, there's a reason why we're

872
00:47:34,000 --> 00:47:35,560
Speaker 8: using it. There's a reason why they're the number two

873
00:47:35,560 --> 00:47:38,319
Speaker 8: e commerce business in the world. We believed in it,

874
00:47:38,400 --> 00:47:40,960
Speaker 8: all right, Well we're gonna play the singular position and

875
00:47:41,000 --> 00:47:43,040
Speaker 8: we're gonna have the ETF just for the balance.

876
00:47:43,160 --> 00:47:46,920
Speaker 3: Yeah, that's and that's always great. And I think Rasha

877
00:47:47,120 --> 00:47:50,200
Speaker 3: talked about it too, like knowing when to get in

878
00:47:50,280 --> 00:47:52,600
Speaker 3: and when to get out. So for me, when I'm

879
00:47:52,800 --> 00:47:56,160
Speaker 3: thinking ETFs, when I buy ets and I the class

880
00:47:56,200 --> 00:47:59,120
Speaker 3: on it in my group. Uh so for me, what

881
00:47:59,200 --> 00:48:01,920
Speaker 3: I like to do with you're gonna buy ETFs. So

882
00:48:02,160 --> 00:48:05,840
Speaker 3: I personally am not a fan of dollar cost averaging,

883
00:48:06,160 --> 00:48:09,600
Speaker 3: That's just me. But when it comes to ETFs, I

884
00:48:09,640 --> 00:48:13,120
Speaker 3: think that is a great way to That is one

885
00:48:13,120 --> 00:48:17,040
Speaker 3: of the ways I do agree with you dollar cost

886
00:48:17,080 --> 00:48:19,560
Speaker 3: averaging and with dollar cost averaging is simply saying that

887
00:48:19,600 --> 00:48:23,560
Speaker 3: yours taking every month at you're buying a certain amount

888
00:48:23,600 --> 00:48:27,440
Speaker 3: of shares in the business no matter what. And so

889
00:48:27,520 --> 00:48:29,359
Speaker 3: what I like about that. The only thing I will

890
00:48:29,400 --> 00:48:31,400
Speaker 3: say is you never want to buy ETF at the

891
00:48:31,440 --> 00:48:33,799
Speaker 3: fifty two week hide. Right, you never want to buy

892
00:48:33,840 --> 00:48:35,960
Speaker 3: anything at a fifty two week high, and a fifty

893
00:48:36,000 --> 00:48:38,080
Speaker 3: two week high is saying this is the highest this

894
00:48:38,120 --> 00:48:41,560
Speaker 3: stock has been over the last fifty two weeks. Right,

895
00:48:41,760 --> 00:48:43,600
Speaker 3: So fifty two high. Any time you hear that this

896
00:48:43,680 --> 00:48:47,160
Speaker 3: company just hit a fifty two week high, all time high. Right,

897
00:48:47,239 --> 00:48:50,720
Speaker 3: you never want to buy a company at its fifty

898
00:48:50,760 --> 00:48:54,440
Speaker 3: two week high. Always let it come back down a

899
00:48:54,480 --> 00:48:57,239
Speaker 3: little bit, Let it get a little pressure off of it.

900
00:48:57,560 --> 00:49:00,400
Speaker 3: Let some people sell a little bit, and then we

901
00:49:00,440 --> 00:49:04,160
Speaker 3: buy a little move. Let me say this, And this

902
00:49:04,239 --> 00:49:06,759
Speaker 3: is something even we got into this, we didn't talk

903
00:49:06,800 --> 00:49:13,239
Speaker 3: about this, how stock prices actually moves. I think that's

904
00:49:13,239 --> 00:49:15,960
Speaker 3: something before we get into, before we get in, I mean,

905
00:49:16,000 --> 00:49:18,799
Speaker 3: we got into it already, but let's talk about how

906
00:49:19,000 --> 00:49:24,359
Speaker 3: stock prices actually moves. Right, So what happens is this?

907
00:49:25,320 --> 00:49:29,759
Speaker 3: I want you all to know this, We personally do

908
00:49:30,000 --> 00:49:36,359
Speaker 3: not move stock prices. We won't have enough money yet. Right.

909
00:49:37,160 --> 00:49:41,000
Speaker 3: It takes millions and billions of dollars to move a

910
00:49:41,080 --> 00:49:46,440
Speaker 3: stock price fifty cents, Right, So what happens is this?

911
00:49:47,440 --> 00:49:49,719
Speaker 3: These huge investors. So that's one of the things I

912
00:49:49,840 --> 00:49:52,799
Speaker 3: study a lot. I study. They call them whales, they

913
00:49:52,840 --> 00:49:56,480
Speaker 3: call them, you know, elephants, and it's just saying, these

914
00:49:56,480 --> 00:49:59,520
Speaker 3: are people who buy five hundred thousand or more shares

915
00:49:59,560 --> 00:50:02,359
Speaker 3: at a time. This is how we this is how

916
00:50:02,440 --> 00:50:03,640
Speaker 3: stock prices moved.

917
00:50:04,200 --> 00:50:04,319
Speaker 4: Right.

918
00:50:04,440 --> 00:50:07,760
Speaker 3: I don't care if everybody on Instagram retail investors started

919
00:50:07,800 --> 00:50:11,359
Speaker 3: buying one stock, that's not gonna move it. But if

920
00:50:11,400 --> 00:50:14,560
Speaker 3: a bunch of hedge funds get redded, did not do it,

921
00:50:14,600 --> 00:50:16,480
Speaker 3: and let's clear that up. They did not do it,

922
00:50:16,760 --> 00:50:18,759
Speaker 3: and it came out showing that they didn't do it.

923
00:50:19,160 --> 00:50:20,920
Speaker 3: There was a lot of money behind that, So I

924
00:50:20,920 --> 00:50:23,480
Speaker 3: don't want you to think that they did that. Actually

925
00:50:23,480 --> 00:50:25,759
Speaker 3: came out on c CNBC and found out that there

926
00:50:25,840 --> 00:50:29,040
Speaker 3: was a lot of hedge funds behind that. So what

927
00:50:29,200 --> 00:50:35,680
Speaker 3: happens is this. It takes a lot of big institutions.

928
00:50:35,719 --> 00:50:39,600
Speaker 3: So when we talk about institutions, we talking insurance companies,

929
00:50:39,600 --> 00:50:46,800
Speaker 3: were talking banks, we're talking hedge funds, we're talking pension funds.

930
00:50:46,920 --> 00:50:50,600
Speaker 3: All of these people are the wheals. These are people

931
00:50:50,640 --> 00:50:54,560
Speaker 3: buying a whole bunch of shares at one time, moving

932
00:50:54,640 --> 00:50:58,480
Speaker 3: stock price. So we'll go back again. So let's say

933
00:50:58,520 --> 00:51:00,960
Speaker 3: this now we're not going to talk earn your leisure.

934
00:51:01,360 --> 00:51:06,719
Speaker 3: We're gonna talk Rashaw, Rasha, Troy, myself, Matt and every

935
00:51:06,840 --> 00:51:11,279
Speaker 3: Let's say our circle we all billionaires, right, and so

936
00:51:13,440 --> 00:51:18,200
Speaker 3: Troy says, man, I'm about to buy this EYL stock

937
00:51:18,440 --> 00:51:21,520
Speaker 3: because even because he owned the company, he can still

938
00:51:21,560 --> 00:51:24,960
Speaker 3: buy shares of it. Right. So Troy says, man, I'm

939
00:51:25,000 --> 00:51:28,040
Speaker 3: about to go buy five million dollars at EYL stock.

940
00:51:28,640 --> 00:51:31,200
Speaker 3: Rasha goes by five million dollars at e raj A

941
00:51:31,480 --> 00:51:34,920
Speaker 3: L stock. I go buy five million dollars at EYL stock.

942
00:51:35,239 --> 00:51:38,279
Speaker 3: Matt go buys five million dollars at EYL stock. What

943
00:51:38,320 --> 00:51:40,320
Speaker 3: do you think is going to happen to EYL stock

944
00:51:41,440 --> 00:51:41,920
Speaker 3: going up?

945
00:51:42,360 --> 00:51:43,480
Speaker 4: Way up, going up?

946
00:51:44,360 --> 00:51:48,040
Speaker 3: So now what happens is as it goes up, now

947
00:51:48,200 --> 00:51:52,239
Speaker 3: the retail investors start saying, yo, that's going up. I'm

948
00:51:52,239 --> 00:51:55,640
Speaker 3: about to buy some too. So now the retail investors

949
00:51:55,680 --> 00:51:58,160
Speaker 3: buy it. They getting in. But you're not moving the

950
00:51:58,200 --> 00:52:01,120
Speaker 3: star price up like you think. Now Mad has bought

951
00:52:01,120 --> 00:52:04,880
Speaker 3: five million shells, David Shan's bought five mill Everybody in

952
00:52:05,000 --> 00:52:07,600
Speaker 3: our circle now bought five to ten million shares. The

953
00:52:07,600 --> 00:52:11,799
Speaker 3: stock price goes up. Once the stock price goes up

954
00:52:11,840 --> 00:52:13,880
Speaker 3: for a certain amount of time. Troy says, you know

955
00:52:13,960 --> 00:52:17,319
Speaker 3: what I'm about to sell. I'm about to sell my

956
00:52:17,400 --> 00:52:20,719
Speaker 3: five million shells because now his five million shares has

957
00:52:20,760 --> 00:52:24,000
Speaker 3: turned to fifteen million dollars. It's time for him to

958
00:52:24,040 --> 00:52:26,120
Speaker 3: now take this profit and go about his day until

959
00:52:26,120 --> 00:52:28,480
Speaker 3: he finds something else to do. So Troy takes his

960
00:52:28,560 --> 00:52:32,000
Speaker 3: five million. So when Troy takes his five million, Rashad said,

961
00:52:32,000 --> 00:52:35,279
Speaker 3: you know what, I'm taking my five million. Two everybody

962
00:52:35,280 --> 00:52:38,520
Speaker 3: takes their five million out. Now what happens to the stock?

963
00:52:40,200 --> 00:52:46,680
Speaker 3: Stock price comes down. What happens now is the retail investor,

964
00:52:46,760 --> 00:52:49,200
Speaker 3: if you bought in at the fifty two week high,

965
00:52:50,080 --> 00:52:53,640
Speaker 3: you're now stuck holding that bag because you now need

966
00:52:53,840 --> 00:52:58,279
Speaker 3: reshored Rashad Troy Matt trap, you need us to get

967
00:52:58,320 --> 00:53:01,080
Speaker 3: back in it for that stock to go back up

968
00:53:01,120 --> 00:53:03,680
Speaker 3: like that. Right, So this is one of the ways

969
00:53:03,680 --> 00:53:05,839
Speaker 3: I'm saying, like, we're not buying that fifty two week

970
00:53:05,920 --> 00:53:11,320
Speaker 3: highs and we're not following trends. We're buying great businesses

971
00:53:11,360 --> 00:53:13,680
Speaker 3: at good prices. And if you aren't able to do

972
00:53:13,800 --> 00:53:17,440
Speaker 3: that yet, then ETFs are a great way for you

973
00:53:17,520 --> 00:53:21,680
Speaker 3: to get in that ETFs are index fund Does that

974
00:53:21,760 --> 00:53:24,200
Speaker 3: makes sense? To everybody, we were trapping right now, let

975
00:53:24,239 --> 00:53:25,200
Speaker 3: me know we trapping.

976
00:53:24,960 --> 00:53:28,000
Speaker 4: Y'all were trapping or were trapping the piracs.

977
00:53:29,880 --> 00:53:31,920
Speaker 2: I want to go to question but before before we

978
00:53:31,920 --> 00:53:37,160
Speaker 2: go to questions, can you just talk about index funds?

979
00:53:38,560 --> 00:53:40,200
Speaker 3: A yeah, we can definitely talk about that.

980
00:53:40,239 --> 00:53:43,000
Speaker 2: So and just saw some people say where can I

981
00:53:43,040 --> 00:53:46,480
Speaker 2: get et Everything that we mentioned here today is when

982
00:53:46,520 --> 00:53:48,880
Speaker 2: when the first thing that that traps spoke about was

983
00:53:48,920 --> 00:53:52,440
Speaker 2: the brokerage account. So when you set up your brokerage account,

984
00:53:52,440 --> 00:53:56,360
Speaker 2: whether it's with TD or whether it's with Fidelity or Robinhood,

985
00:53:56,360 --> 00:53:58,640
Speaker 2: wherever you touch your brokerage account up, all of these

986
00:53:58,680 --> 00:54:02,680
Speaker 2: places are you can You can buy etf you can

987
00:54:02,719 --> 00:54:06,719
Speaker 2: buy stock, you can buy a lot of mutual funds,

988
00:54:08,239 --> 00:54:10,160
Speaker 2: and you can buy index funds as well. So you

989
00:54:10,200 --> 00:54:15,200
Speaker 2: can do it all for most reputable brokerage accounts. You

990
00:54:15,239 --> 00:54:18,560
Speaker 2: can do all at the same same place for sure.

991
00:54:19,960 --> 00:54:24,120
Speaker 3: So, uh, index funds. So let's talk about that, right.

992
00:54:24,239 --> 00:54:27,640
Speaker 3: So index funds come in a lot of ways, so

993
00:54:27,840 --> 00:54:32,960
Speaker 3: but most notably thank you beautiful, I love you so much.

994
00:54:33,560 --> 00:54:37,840
Speaker 3: It's my daughter, y'all. So, uh, index funds. So you

995
00:54:37,880 --> 00:54:40,280
Speaker 3: think about the S and P five hundred, that's an index.

996
00:54:41,040 --> 00:54:45,440
Speaker 3: Think about the Russell two thousand. That's an index. Think

997
00:54:45,520 --> 00:54:49,720
Speaker 3: about the QQQ, the NASTAC, that's an index. You think

998
00:54:49,760 --> 00:54:54,080
Speaker 3: about the Dow Jones. These are indexes, right, So an

999
00:54:54,080 --> 00:55:00,759
Speaker 3: index fund typically performs the same way as the index does.

1000
00:55:01,320 --> 00:55:04,920
Speaker 3: It mocks that. So if the SMP is up five percent,

1001
00:55:05,560 --> 00:55:09,479
Speaker 3: then the SPY or the VO which are two, they're

1002
00:55:09,600 --> 00:55:14,440
Speaker 3: up five percent. If the nashtag is up five percent,

1003
00:55:14,760 --> 00:55:17,400
Speaker 3: then that index fund will be up five percent. But

1004
00:55:17,400 --> 00:55:21,080
Speaker 3: here's a dupe point. Index funds can also get into

1005
00:55:21,920 --> 00:55:26,200
Speaker 3: like you can get large cap indexes, small cap indexes,

1006
00:55:26,840 --> 00:55:29,640
Speaker 3: medium cap indexes. So what that is is so now

1007
00:55:29,719 --> 00:55:35,719
Speaker 3: what happens is you have mega caps, which is anything

1008
00:55:35,760 --> 00:55:39,160
Speaker 3: that is two hundred billion are better, well more than

1009
00:55:39,200 --> 00:55:42,080
Speaker 3: one hundred billion are better. So any stocks that are

1010
00:55:42,080 --> 00:55:45,240
Speaker 3: worth one hundred billion or more, You're Johnson and Johnson's

1011
00:55:45,640 --> 00:55:51,279
Speaker 3: your Apple, these are mega cap stocks. And then you

1012
00:55:51,360 --> 00:55:53,880
Speaker 3: have your large caps, so these are stocks that are

1013
00:55:53,960 --> 00:55:58,480
Speaker 3: up to one hundred billion, right, so these are large caps.

1014
00:55:59,000 --> 00:56:01,640
Speaker 3: So what happens is you can get an index fund

1015
00:56:01,760 --> 00:56:04,080
Speaker 3: with large cap stocks in it, so it would just

1016
00:56:04,239 --> 00:56:08,960
Speaker 3: be all stocks worth one hundred billion or more. You

1017
00:56:09,000 --> 00:56:12,800
Speaker 3: can get a megacap index fund. It'll be just stocks

1018
00:56:12,920 --> 00:56:17,439
Speaker 3: worth one hundred billion in that one hundred billion or more.

1019
00:56:17,480 --> 00:56:20,120
Speaker 3: And the reason why those are index funds as well

1020
00:56:20,880 --> 00:56:24,319
Speaker 3: is because it is just these stocks in this and

1021
00:56:24,360 --> 00:56:27,040
Speaker 3: they're only going to attract how these index is doing,

1022
00:56:27,320 --> 00:56:30,200
Speaker 3: how these one hundred companies, how these hundred billion dollar

1023
00:56:30,280 --> 00:56:33,160
Speaker 3: companies are doing, How these two hundred billion dollar companies

1024
00:56:33,200 --> 00:56:36,239
Speaker 3: are doing so index funds. Now, the thing about the

1025
00:56:36,320 --> 00:56:40,880
Speaker 3: index compared to the ETF is this, in the index,

1026
00:56:41,280 --> 00:56:45,879
Speaker 3: you can have companies from every sector in l That's

1027
00:56:45,920 --> 00:56:50,319
Speaker 3: the difference an index fund I can have. It'll have

1028
00:56:50,440 --> 00:56:53,960
Speaker 3: tech stocks, it'll have a consul, it'll have somebody from

1029
00:56:54,000 --> 00:57:00,400
Speaker 3: all eleven sectors inside of that index. Right right. So

1030
00:57:00,400 --> 00:57:03,160
Speaker 3: somebody say, wouldn't a large cap index be more expensive?

1031
00:57:03,200 --> 00:57:06,319
Speaker 3: Not at all? How much the stock? Oh this is

1032
00:57:06,320 --> 00:57:09,000
Speaker 3: a great, great, great, great great. I'm glad you said that.

1033
00:57:11,040 --> 00:57:14,200
Speaker 3: The price of the stocks have nothing to do with

1034
00:57:14,280 --> 00:57:19,880
Speaker 3: the price of the index of the ETF. The price

1035
00:57:19,920 --> 00:57:24,520
Speaker 3: of the stock has nothing to do with the price

1036
00:57:25,200 --> 00:57:28,840
Speaker 3: of the index of the ETF. Apple stock may be

1037
00:57:29,240 --> 00:57:33,560
Speaker 3: that thing may have Apple, Amazon, Microsoft, Google. If we

1038
00:57:33,720 --> 00:57:37,000
Speaker 3: bought them individually, that can easily be a four thousand

1039
00:57:37,040 --> 00:57:40,880
Speaker 3: dollars five thousand dollars. Et up an index, that same

1040
00:57:40,920 --> 00:57:43,320
Speaker 3: index or all those companies in it, can cost you

1041
00:57:43,400 --> 00:57:48,080
Speaker 3: fifty dollars, ninety two dollars, one hundred dollars, one hundred

1042
00:57:48,120 --> 00:57:50,720
Speaker 3: and forty dollars. So the price of the index has

1043
00:57:50,800 --> 00:57:52,920
Speaker 3: nothing to do the price of the stocks inside of

1044
00:57:52,920 --> 00:57:54,760
Speaker 3: the index have nothing to do with the price of

1045
00:57:54,760 --> 00:57:55,280
Speaker 3: the index.

1046
00:57:55,440 --> 00:57:59,720
Speaker 2: So there you have it. So what I want to

1047
00:57:59,720 --> 00:58:02,280
Speaker 2: do is go to questions if we can, so, let

1048
00:58:02,280 --> 00:58:07,360
Speaker 2: me just reset the room real quick, so anybody that

1049
00:58:07,360 --> 00:58:10,760
Speaker 2: has joined after we originally started, so we're what we're

1050
00:58:10,800 --> 00:58:14,600
Speaker 2: doing here is what's called open enrollment. Once a month,

1051
00:58:15,160 --> 00:58:18,840
Speaker 2: we have an open enrollment, So EYL University, that's our

1052
00:58:18,880 --> 00:58:22,600
Speaker 2: private education arm to earn your leisure. Earn your leisure

1053
00:58:23,280 --> 00:58:27,000
Speaker 2: is the podcast is, our YouTube channels, our Instagram, all

1054
00:58:27,040 --> 00:58:30,200
Speaker 2: of that stuff every single day for free, free information.

1055
00:58:30,920 --> 00:58:33,320
Speaker 2: But some people need a little bit more guidance and

1056
00:58:33,760 --> 00:58:38,040
Speaker 2: more importantly, a community. So we created eyl University, which

1057
00:58:38,080 --> 00:58:41,400
Speaker 2: is quickly becoming the fastest growing online educational platform in

1058
00:58:41,440 --> 00:58:43,880
Speaker 2: the world. Eight thousand members. Shout out to all the

1059
00:58:43,880 --> 00:58:46,440
Speaker 2: earners out there, and when we do at EYL University.

1060
00:58:46,440 --> 00:58:50,880
Speaker 2: We do weekly classes, so this is like in an

1061
00:58:50,880 --> 00:58:53,080
Speaker 2: insight look into like a weekly class. We do this

1062
00:58:53,120 --> 00:58:56,480
Speaker 2: every Wednesday at eight o'clock. And what makes this different?

1063
00:58:56,480 --> 00:58:58,040
Speaker 2: A lot of time people say, like, what's different from

1064
00:58:58,080 --> 00:59:00,000
Speaker 2: this in the YouTube? What's different from this in the podcast.

1065
00:59:00,800 --> 00:59:03,320
Speaker 2: One of the main differences is that it's interactive, So

1066
00:59:03,360 --> 00:59:05,280
Speaker 2: we're about to go into the zoom where you don't

1067
00:59:05,360 --> 00:59:07,440
Speaker 2: you know, you might watch something on YouTube, you don't

1068
00:59:07,440 --> 00:59:09,480
Speaker 2: get a chance to actually interact with the people that

1069
00:59:09,520 --> 00:59:12,280
Speaker 2: are actually on the podcast. So this is part of it.

1070
00:59:12,480 --> 00:59:15,720
Speaker 2: Another thing is that it's a community. So yesterday we

1071
00:59:15,760 --> 00:59:17,840
Speaker 2: had an event, a private event in la only for

1072
00:59:17,920 --> 00:59:21,520
Speaker 2: Eyo University members and we had my bro nineteen Keys,

1073
00:59:21,600 --> 00:59:25,520
Speaker 2: was Dead, Mike Rashid, Alex, Good Energy, Him, five hundred,

1074
00:59:25,920 --> 00:59:28,880
Speaker 2: Miss Business, Shiggy a Tear Blair, they were all there,

1075
00:59:29,240 --> 00:59:31,720
Speaker 2: what about one hundred earners and it was a private

1076
00:59:31,800 --> 00:59:32,760
Speaker 2: it was a private event.

1077
00:59:33,040 --> 00:59:34,040
Speaker 4: We are going to do that.

1078
00:59:35,640 --> 00:59:37,880
Speaker 9: This episode is brought to you by P and C Bank.

1079
00:59:38,280 --> 00:59:41,040
Speaker 9: A lot of people think podcasts about work are boring,

1080
00:59:41,240 --> 00:59:45,120
Speaker 9: and sure they definitely can be, but understanding of professionals

1081
00:59:45,160 --> 00:59:48,440
Speaker 9: routine shows us how they achieve their success. Little by little,

1082
00:59:48,800 --> 00:59:52,480
Speaker 9: day after day. It's like banking with P and C Bank.

1083
00:59:52,920 --> 00:59:55,720
Speaker 9: It might seem boring to safe plan and make calculated

1084
00:59:55,760 --> 00:59:58,880
Speaker 9: decisions with your bank, but keeping your money boring is

1085
00:59:58,880 --> 01:00:02,200
Speaker 9: what helps you live on more happily fulfilled life. P

1086
01:00:02,320 --> 01:00:07,160
Speaker 9: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

1087
01:00:07,200 --> 01:00:09,840
Speaker 9: Boring since eighteen sixty five is a service mark of

1088
01:00:09,880 --> 01:00:13,120
Speaker 9: the PNC Financial Service Group, Inc. P and C Bank

1089
01:00:13,520 --> 01:00:16,200
Speaker 9: National Association Member FDIC.

1090
01:00:18,840 --> 01:00:19,120
Speaker 10: Ernerds.

1091
01:00:19,120 --> 01:00:19,520
Speaker 4: What's Up?

1092
01:00:19,600 --> 01:00:22,080
Speaker 9: You ever walk into a small business and everything just

1093
01:00:22,240 --> 01:00:25,400
Speaker 9: works like the checkout is fast, the receipts are digital,

1094
01:00:25,920 --> 01:00:28,920
Speaker 9: tipping is a breeze, and you're out the door before

1095
01:00:28,920 --> 01:00:33,080
Speaker 9: the line even builds. Odds are they're using Square. We

1096
01:00:33,240 --> 01:00:35,800
Speaker 9: love supporting businesses that run on Square because it just

1097
01:00:35,800 --> 01:00:39,040
Speaker 9: feels seamless. Whether it's a local coffee shop, a vendor

1098
01:00:39,080 --> 01:00:41,360
Speaker 9: at a pop up market, or even one of our

1099
01:00:41,400 --> 01:00:45,080
Speaker 9: merch partners. Square makes it easy for them to take payments,

1100
01:00:45,280 --> 01:00:48,960
Speaker 9: manage inventory, and run their business with confidence, all from

1101
01:00:49,120 --> 01:00:52,520
Speaker 9: one simple system. If you're a business owner or even

1102
01:00:52,600 --> 01:00:56,120
Speaker 9: just thinking about launching something soon, Square is hands down

1103
01:00:56,160 --> 01:00:59,240
Speaker 9: one of the best tools out there to help you start, run,

1104
01:00:59,400 --> 01:01:02,760
Speaker 9: and grow. It's not just about payments. It's about giving

1105
01:01:02,760 --> 01:01:05,440
Speaker 9: you time back so you can focus on what matters

1106
01:01:05,480 --> 01:01:08,760
Speaker 9: most Ready to see how Square can transform your business,

1107
01:01:09,000 --> 01:01:13,640
Speaker 9: visit Square dot com backslash go backslash eyl to learn

1108
01:01:13,680 --> 01:01:18,880
Speaker 9: more that Square dot com backslash, go backslash eyl. Don't wait,

1109
01:01:19,160 --> 01:01:22,000
Speaker 9: don't hesitate. Let's Square handle the back end so you

1110
01:01:22,000 --> 01:01:23,640
Speaker 9: can keep pushing your vision forward.

1111
01:01:25,880 --> 01:01:29,560
Speaker 11: An illegal alien from Guatemala charged with raping a child

1112
01:01:29,600 --> 01:01:33,400
Speaker 11: in Massachusetts. An MS thirteen gang member from Al Salvador

1113
01:01:33,640 --> 01:01:37,760
Speaker 11: accused of murdering a Texas. Man of Venezuelan charged with

1114
01:01:37,840 --> 01:01:41,720
Speaker 11: filming and selling child pornography in Michigan. These are just

1115
01:01:41,840 --> 01:01:45,600
Speaker 11: some of the heinous migrant criminals caught because of President

1116
01:01:45,640 --> 01:01:49,160
Speaker 11: Donald J. Trump's leadership. I'm Christy Nohm, the United States

1117
01:01:49,240 --> 01:01:54,000
Speaker 11: Secretary of Homeland Security. Under President Trump, attempted illegal border

1118
01:01:54,040 --> 01:01:57,600
Speaker 11: crossings are at the lowest levels ever recorded, and over

1119
01:01:57,680 --> 01:02:00,880
Speaker 11: one hundred thousand illegal aliens have been arrested. If you

1120
01:02:00,960 --> 01:02:04,800
Speaker 11: were here illegally, your next you will be fine nearly

1121
01:02:04,880 --> 01:02:08,919
Speaker 11: one thousand dollars a day. Imprisoned and deported, you will

1122
01:02:08,960 --> 01:02:12,600
Speaker 11: never return. But if you register using our CBP home

1123
01:02:12,640 --> 01:02:16,000
Speaker 11: app and leave now. You could be allowed to return legally,

1124
01:02:16,400 --> 01:02:21,160
Speaker 11: do what's right. Leave now under President Trump America's laws,

1125
01:02:21,280 --> 01:02:23,240
Speaker 11: border and families will.

1126
01:02:23,120 --> 01:02:25,560
Speaker 12: Be protected sponsored by the United States Department of Homeland

1127
01:02:25,600 --> 01:02:30,200
Speaker 12: Security in Atlanta and hopefully in New York too, as

1128
01:02:30,200 --> 01:02:31,680
Speaker 12: long as we can get that off.

1129
01:02:31,720 --> 01:02:34,440
Speaker 2: But if not New York, then probably Jersey. But Atlanta's

1130
01:02:34,440 --> 01:02:37,360
Speaker 2: definitely coming soon. So that's the community feel. But we

1131
01:02:37,480 --> 01:02:40,160
Speaker 2: also have mg DE Mortgage guid does buy weekly real

1132
01:02:40,240 --> 01:02:43,640
Speaker 2: estate calls. Once again at Zoom, I do monthly financial

1133
01:02:43,640 --> 01:02:46,560
Speaker 2: planning calls. That's the only way I'm actually speaking about

1134
01:02:46,600 --> 01:02:50,800
Speaker 2: my financial planning business these days. That and then we

1135
01:02:50,840 --> 01:02:54,080
Speaker 2: also have mg DE Mortgage Guys home Buyers Blueprint included

1136
01:02:54,560 --> 01:02:58,000
Speaker 2: inside the package, So that's over fifteen hours of home

1137
01:02:58,040 --> 01:03:00,280
Speaker 2: buying every single thing you need to know. We have

1138
01:03:00,280 --> 01:03:03,200
Speaker 2: a Facebook group with six thousand members in a Facebook group,

1139
01:03:03,560 --> 01:03:06,040
Speaker 2: and to me, the best part about the whole situation

1140
01:03:06,200 --> 01:03:09,640
Speaker 2: is that there's twenty infinity groups, so people get to

1141
01:03:09,720 --> 01:03:11,960
Speaker 2: network with each other. So a lot of time people say, like,

1142
01:03:12,280 --> 01:03:14,680
Speaker 2: I don't have like minded friends, I don't have friends

1143
01:03:15,000 --> 01:03:17,000
Speaker 2: that talk about this stuff, because that's really how you

1144
01:03:17,080 --> 01:03:19,840
Speaker 2: really grow is the circle that you're around. So there's

1145
01:03:19,880 --> 01:03:22,400
Speaker 2: twenty infinity groups, there's a fifty and over club, there's

1146
01:03:22,440 --> 01:03:24,960
Speaker 2: a crypto club. I think there's even an NFT club

1147
01:03:25,000 --> 01:03:28,120
Speaker 2: at this point. There's a stock club, real estate club.

1148
01:03:28,560 --> 01:03:32,440
Speaker 2: And this is done with the community members networking and

1149
01:03:32,480 --> 01:03:35,440
Speaker 2: building on their own It's value. You can't place a

1150
01:03:35,560 --> 01:03:39,280
Speaker 2: value on that. And we're constantly adding. We have our

1151
01:03:39,320 --> 01:03:43,440
Speaker 2: group chat, call me Troy, our boy Francis. We go

1152
01:03:43,520 --> 01:03:47,480
Speaker 2: over our personal portfolios, go over stock charts once a month.

1153
01:03:47,960 --> 01:03:50,600
Speaker 2: So there's so many different resources that we have with that.

1154
01:03:51,480 --> 01:03:54,080
Speaker 2: So this, once again, this is like a preview of that.

1155
01:03:54,120 --> 01:03:57,040
Speaker 2: If you are interested, we've pinned the link sixty five

1156
01:03:57,080 --> 01:03:59,000
Speaker 2: percent off of the price that will be changing. It'll

1157
01:03:59,000 --> 01:04:02,000
Speaker 2: still be discounting, but it's going from sixty five percent

1158
01:04:02,040 --> 01:04:04,200
Speaker 2: off to fifty percent off. So you can do the

1159
01:04:04,200 --> 01:04:07,919
Speaker 2: math on that. But it's a forty eight hours until

1160
01:04:07,920 --> 01:04:09,920
Speaker 2: we change to fifty percent off.

1161
01:04:10,000 --> 01:04:12,600
Speaker 8: Yeah, and I know there's a few people that are wondering, well,

1162
01:04:12,600 --> 01:04:15,280
Speaker 8: I be behind when I get it inside the eyl University. No,

1163
01:04:15,360 --> 01:04:18,040
Speaker 8: you won't be behind. Everything we've done for the past

1164
01:04:18,400 --> 01:04:22,280
Speaker 8: or how many months, almost two years, take months. It's

1165
01:04:22,320 --> 01:04:25,640
Speaker 8: been every video that we've ever done. When it was

1166
01:04:25,680 --> 01:04:28,240
Speaker 8: just me and shot doing classes and to now we

1167
01:04:28,280 --> 01:04:31,600
Speaker 8: have a list of professors doing classes. It's all there,

1168
01:04:31,720 --> 01:04:35,600
Speaker 8: and we have none other than eyl Jana who holds orientation.

1169
01:04:35,760 --> 01:04:37,320
Speaker 8: So if you're new to it and you feel like

1170
01:04:37,320 --> 01:04:40,000
Speaker 8: you're kind of lost, we have an orientation just like

1171
01:04:40,040 --> 01:04:42,080
Speaker 8: any other school would have, like a freshman orientation.

1172
01:04:42,160 --> 01:04:43,840
Speaker 4: We have an earnest orientation so you can.

1173
01:04:43,760 --> 01:04:46,280
Speaker 8: Get familiar with how to move around the site, how

1174
01:04:46,280 --> 01:04:47,680
Speaker 8: to move around the community.

1175
01:04:48,000 --> 01:04:49,600
Speaker 3: It's dope. Did you mention the book club?

1176
01:04:49,640 --> 01:04:52,640
Speaker 8: Shout out to the book club has become a therapy club.

1177
01:04:53,320 --> 01:04:54,640
Speaker 3: Yeah, it's a lot going on.

1178
01:04:57,880 --> 01:04:58,280
Speaker 4: School.

1179
01:04:58,320 --> 01:05:01,560
Speaker 2: You know, we realized that it's not the institutional school

1180
01:05:01,600 --> 01:05:02,160
Speaker 2: that's the problem.

1181
01:05:02,200 --> 01:05:03,080
Speaker 4: It's what they're teaching.

1182
01:05:03,520 --> 01:05:05,360
Speaker 2: But if you really look at it, school actually has

1183
01:05:05,400 --> 01:05:07,280
Speaker 2: a lot of good things as far as the community.

1184
01:05:07,680 --> 01:05:11,840
Speaker 2: They have like mascots, they keep people engaged, but they're

1185
01:05:11,880 --> 01:05:15,560
Speaker 2: just teaching nonsense. So we took the same structure that

1186
01:05:15,640 --> 01:05:20,360
Speaker 2: a school has for a fraction of the price, and

1187
01:05:21,080 --> 01:05:24,440
Speaker 2: we're actually teaching something that's really beneficial. So yeah, we

1188
01:05:24,520 --> 01:05:27,440
Speaker 2: pin the link e y L University dot com and

1189
01:05:27,520 --> 01:05:29,560
Speaker 2: let's get to some questions if we can, because this

1190
01:05:29,640 --> 01:05:31,640
Speaker 2: is this is probably the most beneficial part of the

1191
01:05:31,640 --> 01:05:32,280
Speaker 2: whole situation.

1192
01:05:32,960 --> 01:05:35,000
Speaker 8: Uh, we got let's go. Let's start down here. Let's

1193
01:05:35,000 --> 01:05:37,840
Speaker 8: start down here, Vanessa, We're coming to you. Unmute yourself.

1194
01:05:37,880 --> 01:05:40,760
Speaker 8: You've been unmuted. What's going on, Vanessa?

1195
01:05:42,680 --> 01:05:44,240
Speaker 3: Hey, y'all, how y'all doing today?

1196
01:05:44,320 --> 01:05:45,480
Speaker 4: I hope y'all doing good.

1197
01:05:47,480 --> 01:05:50,520
Speaker 10: Actually surprised y'all clicked on me. I was just eating

1198
01:05:50,520 --> 01:05:53,280
Speaker 10: a puff right now, So excuse me if I sound

1199
01:05:54,160 --> 01:05:55,840
Speaker 10: a little like I'm munching a bit.

1200
01:05:58,120 --> 01:05:58,560
Speaker 2: I love it.

1201
01:05:58,720 --> 01:05:59,120
Speaker 4: I love it.

1202
01:05:59,160 --> 01:06:04,760
Speaker 10: I love it. So I'm just not getting started into,

1203
01:06:05,760 --> 01:06:08,200
Speaker 10: you know, investing and stuff. I really want to invest

1204
01:06:08,280 --> 01:06:11,880
Speaker 10: in some ETFs. Are there anyones that I would recommend

1205
01:06:11,920 --> 01:06:16,560
Speaker 10: for like, like if I want to start investing into

1206
01:06:16,640 --> 01:06:18,240
Speaker 10: water commodities?

1207
01:06:19,760 --> 01:06:23,480
Speaker 2: Yeah, Actually, funny you say that there is an ETF,

1208
01:06:23,720 --> 01:06:27,480
Speaker 2: a water ETF that we spoke about before. P h oh,

1209
01:06:28,560 --> 01:06:33,200
Speaker 2: that is that is Investos Water Resource. So we had

1210
01:06:33,240 --> 01:06:37,040
Speaker 2: we did an episode on on water on that's a

1211
01:06:37,120 --> 01:06:39,959
Speaker 2: really big episode for us. Shoutut to Paula MacArthur. Shout

1212
01:06:39,960 --> 01:06:42,640
Speaker 2: out to Paula. And if you look at p h O,

1213
01:06:42,720 --> 01:06:47,960
Speaker 2: if you look at their chart, it's extremely impressive. Water

1214
01:06:48,200 --> 01:06:52,439
Speaker 2: is something that is probably the most essential part of life,

1215
01:06:52,480 --> 01:06:53,200
Speaker 2: water and air.

1216
01:06:53,480 --> 01:06:54,560
Speaker 4: You can't live without it.

1217
01:06:55,240 --> 01:07:00,320
Speaker 2: And if you watch that episode, you understand that there's

1218
01:07:00,360 --> 01:07:04,560
Speaker 2: a shortage of clean drinking water, which has made the

1219
01:07:04,640 --> 01:07:07,800
Speaker 2: value of water even go up even more. This is

1220
01:07:07,840 --> 01:07:12,560
Speaker 2: why water is being traded on the stock market and

1221
01:07:12,720 --> 01:07:16,880
Speaker 2: that ETF is booming. If you look at their five

1222
01:07:16,960 --> 01:07:20,360
Speaker 2: year chart, their five year chart is extremely impressive. Investco

1223
01:07:20,760 --> 01:07:25,000
Speaker 2: is a very good company. So, yes, that is that

1224
01:07:25,120 --> 01:07:27,160
Speaker 2: is a water ETF. I don't know if anybody else

1225
01:07:27,160 --> 01:07:29,480
Speaker 2: has any others, but that is definitely it's crazy.

1226
01:07:29,680 --> 01:07:31,480
Speaker 8: As you were saying that everybody was putting it in

1227
01:07:31,480 --> 01:07:34,680
Speaker 8: the chat, so it means that you know, earners have

1228
01:07:34,760 --> 01:07:38,080
Speaker 8: heard the information and now they're replaying and giving the

1229
01:07:38,120 --> 01:07:38,680
Speaker 8: information now.

1230
01:07:38,760 --> 01:07:40,240
Speaker 4: So that's dope. I love that. I love that.

1231
01:07:41,000 --> 01:07:44,240
Speaker 10: Yeah, Yeah, okay, I'm definitely looking to PHO. But when

1232
01:07:44,280 --> 01:07:46,840
Speaker 10: it comes to breaking down at ETF and like starting

1233
01:07:46,880 --> 01:07:51,760
Speaker 10: to kind of do your research on specific companies with

1234
01:07:51,920 --> 01:07:56,760
Speaker 10: those that ETF database that y'all just hooked us up with,

1235
01:07:57,480 --> 01:08:00,320
Speaker 10: is that something that you would recommend to like look

1236
01:08:00,320 --> 01:08:02,840
Speaker 10: at to really do your research on.

1237
01:08:03,840 --> 01:08:05,320
Speaker 3: Yeah, I think it's a great starting point.

1238
01:08:05,360 --> 01:08:05,760
Speaker 4: For sure.

1239
01:08:06,760 --> 01:08:08,600
Speaker 3: I'm doing it right now as I'm talking to you,

1240
01:08:08,720 --> 01:08:10,920
Speaker 3: So it'll give you a great space that you can

1241
01:08:11,000 --> 01:08:13,120
Speaker 3: look at. But don't stop there. Yeah, you don't stop there.

1242
01:08:13,160 --> 01:08:15,240
Speaker 8: It's a great starting point because it's gonna it's gonna

1243
01:08:15,240 --> 01:08:16,760
Speaker 8: tell you what's inside of it. It's going to tell

1244
01:08:16,760 --> 01:08:19,559
Speaker 8: you how it's performing. It's going to tell you it's exception,

1245
01:08:19,680 --> 01:08:21,920
Speaker 8: it's going to tell you the expense ratio, is going

1246
01:08:21,960 --> 01:08:24,360
Speaker 8: to tell you a history of the company, and it's

1247
01:08:24,360 --> 01:08:26,680
Speaker 8: going to tell you how I perform against other u

1248
01:08:27,080 --> 01:08:30,200
Speaker 8: ETFs in its sector. And so that's always valuable information.

1249
01:08:30,240 --> 01:08:32,160
Speaker 8: But that's not the end all be all. It's a

1250
01:08:32,160 --> 01:08:34,799
Speaker 8: great starting point to get you familiar with what's inside

1251
01:08:34,880 --> 01:08:36,880
Speaker 8: of the ETF that you're invested in.

1252
01:08:38,320 --> 01:08:41,960
Speaker 10: Okay, all right, I don't want to break guidelines or anything,

1253
01:08:42,040 --> 01:08:45,880
Speaker 10: but I appreciate youall's help. Shout out to y'all for real,

1254
01:08:46,040 --> 01:08:49,559
Speaker 10: y'all really changing lives out here just with all the best.

1255
01:08:50,600 --> 01:08:52,880
Speaker 4: Hey, thank you, And that's a thank you.

1256
01:08:53,040 --> 01:08:56,400
Speaker 8: And shout out to the flaming hot Cheetos.

1257
01:08:56,479 --> 01:08:59,920
Speaker 2: That's another benefit of Eyo University. You can sit at home,

1258
01:09:00,080 --> 01:09:04,280
Speaker 2: eat hot, learn that your own fire.

1259
01:09:04,560 --> 01:09:11,200
Speaker 3: M Ma song hot cheeters, what I snack on the.

1260
01:09:14,120 --> 01:09:15,040
Speaker 4: Hey?

1261
01:09:15,240 --> 01:09:17,719
Speaker 8: All right, Pierre, we're coming to you. Hey, Shout to Paula.

1262
01:09:17,800 --> 01:09:20,400
Speaker 8: She's gonna check in. Shout out to Paula. Shout out

1263
01:09:20,439 --> 01:09:23,880
Speaker 8: to Paula. Yeah, she's lock there right now. Hold on, Pierre,

1264
01:09:23,920 --> 01:09:26,400
Speaker 8: I don't know what's going on now, Perre, We're gonna

1265
01:09:26,400 --> 01:09:27,160
Speaker 8: have to pass on you, bro.

1266
01:09:27,200 --> 01:09:29,240
Speaker 4: I don't know. I don't know what that message is about.

1267
01:09:29,880 --> 01:09:32,040
Speaker 3: Terrence, we coming to you. I mute yourself. You've been unmuted.

1268
01:09:32,080 --> 01:09:32,599
Speaker 3: What's going on?

1269
01:09:33,560 --> 01:09:38,559
Speaker 5: What's our family gratings? Canes and queens you're doing tonight?

1270
01:09:39,320 --> 01:09:42,920
Speaker 5: We're good, we got already already.

1271
01:09:43,040 --> 01:09:43,240
Speaker 4: Man.

1272
01:09:43,960 --> 01:09:49,200
Speaker 5: Just enjoying this, this networking man and consuming all this

1273
01:09:49,320 --> 01:09:51,400
Speaker 5: good knowledge you guys sharing with us.

1274
01:09:51,400 --> 01:09:56,559
Speaker 4: Man, greatly appreciate it. Appreciate you. Belove it. Yes, sir, Yes, sir.

1275
01:09:57,280 --> 01:10:00,479
Speaker 5: Well, I just wanted to how let war Street and

1276
01:10:00,560 --> 01:10:06,760
Speaker 5: ask him how would you go about transferring a ribberhood

1277
01:10:06,800 --> 01:10:10,200
Speaker 5: to count to like a td ameritry to count, because

1278
01:10:10,200 --> 01:10:13,160
Speaker 5: I got both. But I was considering doing it in

1279
01:10:13,200 --> 01:10:16,320
Speaker 5: the past, but I ain't want to do it and

1280
01:10:16,920 --> 01:10:20,040
Speaker 5: mess up my portfolio because a lot of people was

1281
01:10:20,080 --> 01:10:23,920
Speaker 5: getting locked out when everybody was doing that on the

1282
01:10:23,920 --> 01:10:28,080
Speaker 5: fiasco with the game stop and all that, so I

1283
01:10:28,120 --> 01:10:32,519
Speaker 5: fell back on it and I just still got all.

1284
01:10:32,400 --> 01:10:34,599
Speaker 4: My you know, share as well or not with.

1285
01:10:35,160 --> 01:10:39,120
Speaker 5: The ribblehood, but I'm definitely considering switching it up. So

1286
01:10:39,960 --> 01:10:41,639
Speaker 5: I just wanted to know your take on that.

1287
01:10:42,400 --> 01:10:44,600
Speaker 3: Nah. So what happens is anyone you want to, like,

1288
01:10:44,680 --> 01:10:47,639
Speaker 3: you go to TDM Mierror trade. They have an actually

1289
01:10:48,640 --> 01:10:50,839
Speaker 3: a breakdown on how you can do it. They actually

1290
01:10:50,840 --> 01:10:55,200
Speaker 3: want you to transfer, right, So yeah, there's a and

1291
01:10:55,280 --> 01:10:59,800
Speaker 3: everybody has like whether it's TD miror Trede Fidelity choice wise,

1292
01:11:00,960 --> 01:11:02,800
Speaker 3: you can call me like, yo I want. I actually

1293
01:11:02,840 --> 01:11:04,599
Speaker 3: had to get like ten of my trappers they had

1294
01:11:04,640 --> 01:11:07,640
Speaker 3: they wanted to swap over. So you just called them

1295
01:11:07,680 --> 01:11:09,760
Speaker 3: and they'll shoot. They'll give you a breakdown on what

1296
01:11:09,880 --> 01:11:13,040
Speaker 3: you gotta do. In most cases, I think T the

1297
01:11:13,120 --> 01:11:17,800
Speaker 3: miritory they actually cover the feet for switching over. I

1298
01:11:17,800 --> 01:11:20,679
Speaker 3: don't know about you'll swab and Fidelity, but I think

1299
01:11:21,160 --> 01:11:25,280
Speaker 3: that tmeritory covers the feet, so you can actually do that.

1300
01:11:26,080 --> 01:11:26,760
Speaker 4: Yeah, I think it.

1301
01:11:27,280 --> 01:11:29,040
Speaker 5: And if it was a feel, I don't think it's

1302
01:11:29,080 --> 01:11:34,280
Speaker 5: that much of a fee, so it definitely is something

1303
01:11:34,320 --> 01:11:38,600
Speaker 5: I'm considered doing sooner than letters. So I really appreciate that.

1304
01:11:38,920 --> 01:11:41,880
Speaker 3: Because they want they want you. Yeah, yeah, they want

1305
01:11:41,880 --> 01:11:44,439
Speaker 3: you over there, they want you. I'm not gonna lie man.

1306
01:11:44,600 --> 01:11:49,080
Speaker 3: So I actually had opened up a ribberhood uh account,

1307
01:11:49,320 --> 01:11:52,640
Speaker 3: but it was just to like show people because it

1308
01:11:52,760 --> 01:11:54,719
Speaker 3: was easy to just take a snapshot on my phone.

1309
01:11:55,160 --> 01:11:56,719
Speaker 3: I was like, man, I'm not about to do this. Man,

1310
01:11:57,880 --> 01:11:59,960
Speaker 3: somebody says a seventy five out of feet yeah for sure,

1311
01:12:00,120 --> 01:12:04,639
Speaker 3: like it is, you know, but they have an actual

1312
01:12:04,800 --> 01:12:07,240
Speaker 3: they'll walk you through what you gotta do and they'll

1313
01:12:07,280 --> 01:12:10,559
Speaker 3: switch it all over. You won't lose nothing, man, Okay, cool? Cool?

1314
01:12:10,880 --> 01:12:12,360
Speaker 3: And it was another thing.

1315
01:12:12,840 --> 01:12:14,760
Speaker 4: Got now you got?

1316
01:12:14,880 --> 01:12:15,120
Speaker 3: I was.

1317
01:12:15,120 --> 01:12:17,160
Speaker 8: I was just saying because I heard a few earnest

1318
01:12:17,160 --> 01:12:19,280
Speaker 8: telling us that that that if you switched they waved

1319
01:12:19,280 --> 01:12:20,280
Speaker 8: the seventy five dollars fees.

1320
01:12:20,320 --> 01:12:21,880
Speaker 3: That correct, That's what I'm saying. I didn't think it was.

1321
01:12:22,160 --> 01:12:24,360
Speaker 3: I think that's because that's what I remember, Like I

1322
01:12:24,400 --> 01:12:27,240
Speaker 3: remember my traper swippinge switching over, and I remember like

1323
01:12:27,280 --> 01:12:29,639
Speaker 3: they waved the feed right right. I didn't know who

1324
01:12:29,680 --> 01:12:31,880
Speaker 3: exactly was. I told them to your Merritrade for sure,

1325
01:12:31,920 --> 01:12:34,080
Speaker 3: cause that's who I started, that's who my that's who

1326
01:12:34,120 --> 01:12:36,760
Speaker 3: mine's with. So I remember them waving the feet for

1327
01:12:36,840 --> 01:12:40,400
Speaker 3: switching over. That's why I said that in the Awesome

1328
01:12:40,520 --> 01:12:42,320
Speaker 3: Awesome the one last thing.

1329
01:12:43,000 --> 01:12:48,280
Speaker 5: I do have crypto currency in my portfolio with Robin Hood,

1330
01:12:48,360 --> 01:12:51,879
Speaker 5: but you know, TD Ameritrade don't deal with the crypto

1331
01:12:52,200 --> 01:12:56,439
Speaker 5: from my understanding, So what would be your your take

1332
01:12:56,560 --> 01:12:57,400
Speaker 5: on that far.

1333
01:12:57,320 --> 01:12:59,080
Speaker 3: As just going.

1334
01:12:58,840 --> 01:13:02,519
Speaker 5: Ahead and lock will date that because I know from

1335
01:13:03,120 --> 01:13:05,200
Speaker 5: doing a little research that they were saying that you

1336
01:13:05,680 --> 01:13:10,519
Speaker 5: don't technically own your crypto dealing with Robin Hood if

1337
01:13:10,560 --> 01:13:13,519
Speaker 5: you're going through purchasing it through the account.

1338
01:13:13,840 --> 01:13:17,880
Speaker 3: So he's doing rock with Robin Hood. He having they

1339
01:13:18,080 --> 01:13:21,920
Speaker 3: having may be having too many snags game Bro, like

1340
01:13:22,400 --> 01:13:25,040
Speaker 3: they did the Master of the Back dud Bro. You know,

1341
01:13:26,240 --> 01:13:42,120
Speaker 3: I agree, business like a little listen, New York, New York.

1342
01:13:43,560 --> 01:13:44,280
Speaker 3: He's got.

1343
01:13:46,400 --> 01:13:54,559
Speaker 8: Bro already, man lots hello, Hello you Bro, Yeah, like

1344
01:13:54,800 --> 01:13:55,479
Speaker 8: you want to know?

1345
01:13:55,640 --> 01:13:56,200
Speaker 4: So that's all good?

1346
01:13:56,240 --> 01:14:03,960
Speaker 3: That's how brother here? What can you do? Shay you well,

1347
01:14:04,000 --> 01:14:07,040
Speaker 3: we're coming to you and man you well, we coming

1348
01:14:07,080 --> 01:14:07,200
Speaker 3: to you.

1349
01:14:07,360 --> 01:14:07,719
Speaker 4: Meet yourself.

1350
01:14:07,720 --> 01:14:12,360
Speaker 3: You've been unmuted. Appreciate you guys. I've been watching you guys.

1351
01:14:12,360 --> 01:14:14,080
Speaker 3: Every night you came on, try to put on on

1352
01:14:14,160 --> 01:14:14,719
Speaker 3: my fan.

1353
01:14:14,640 --> 01:14:18,240
Speaker 4: Too, it too, that's dope. Appreciate you well for sure. Trap.

1354
01:14:18,320 --> 01:14:20,240
Speaker 13: I paid you some money too. I got your first

1355
01:14:20,240 --> 01:14:24,599
Speaker 13: couple of steps off your joint too. I spread money

1356
01:14:24,640 --> 01:14:26,599
Speaker 13: out so I got a couple of things.

1357
01:14:27,640 --> 01:14:28,840
Speaker 3: I'm a new like this.

1358
01:14:29,520 --> 01:14:31,400
Speaker 13: I don't want to braging nothing, but I'm a newly

1359
01:14:31,479 --> 01:14:33,439
Speaker 13: found six figure type of dude.

1360
01:14:33,479 --> 01:14:36,200
Speaker 3: So I'm trying to figure out well I can.

1361
01:14:36,200 --> 01:14:38,680
Speaker 13: Do with my money because they don't do nothing for

1362
01:14:38,800 --> 01:14:42,160
Speaker 13: me just sitting there. So I got a lot of

1363
01:14:42,200 --> 01:14:44,439
Speaker 13: friends that's been doing a little day trading. My pops

1364
01:14:44,479 --> 01:14:46,439
Speaker 13: do some trading, but I don't understand what the hell

1365
01:14:46,479 --> 01:14:49,559
Speaker 13: they be talking about. So my question is if I'm

1366
01:14:49,600 --> 01:14:52,640
Speaker 13: getting started. I got about five to six grand in

1367
01:14:52,680 --> 01:14:55,479
Speaker 13: there already spread out between some bitcoin.

1368
01:14:55,560 --> 01:14:58,360
Speaker 3: Some Apple shares, some basic stuff.

1369
01:15:00,040 --> 01:15:01,800
Speaker 13: But what I really want to do, I'm listening to

1370
01:15:01,840 --> 01:15:04,120
Speaker 13: Ian and I'm gonna listen to you guys. I want

1371
01:15:04,120 --> 01:15:06,519
Speaker 13: to structure it so that I can start replacing my

1372
01:15:06,600 --> 01:15:10,519
Speaker 13: income with it. What's a good way for me, as

1373
01:15:10,560 --> 01:15:12,760
Speaker 13: somebody that doesn't really know too much, A safe way

1374
01:15:12,760 --> 01:15:14,720
Speaker 13: for me to get in and how much would it

1375
01:15:14,800 --> 01:15:18,519
Speaker 13: cost to start generating some residual like one hundred dollars

1376
01:15:18,600 --> 01:15:19,559
Speaker 13: a day type of thing.

1377
01:15:20,920 --> 01:15:22,720
Speaker 3: So you got to look for a few things. Right.

1378
01:15:22,760 --> 01:15:24,519
Speaker 3: So now you're trying to do that, you want to

1379
01:15:24,520 --> 01:15:26,599
Speaker 3: get into trade, and you don't really won't get into

1380
01:15:26,800 --> 01:15:30,479
Speaker 3: investing if you're trying to just start generating money asap. Right,

1381
01:15:30,560 --> 01:15:32,320
Speaker 3: So one of the things I would do is say,

1382
01:15:32,320 --> 01:15:34,840
Speaker 3: and I tell everybody this is like when you heard

1383
01:15:34,840 --> 01:15:36,920
Speaker 3: Troy City at the beginning, like Wall Street looks like

1384
01:15:37,000 --> 01:15:40,639
Speaker 3: us naw, Right, So there's unlimited things that you can do.

1385
01:15:41,040 --> 01:15:42,920
Speaker 3: One of the things what I would say, because you're

1386
01:15:43,000 --> 01:15:45,519
Speaker 3: six finer earned, and salute to that and be thankful

1387
01:15:45,560 --> 01:15:48,800
Speaker 3: for that. Right, just they one of the things you

1388
01:15:48,840 --> 01:15:51,439
Speaker 3: want to start doing is learning the fundamentals so you

1389
01:15:51,479 --> 01:15:54,479
Speaker 3: can start having your money work for you first and foremo. Right.

1390
01:15:54,560 --> 01:15:57,320
Speaker 3: And because once you learn the fundamentals, Now, while you're

1391
01:15:57,400 --> 01:15:59,360
Speaker 3: learning the fundamentals, then you can try to get it.

1392
01:15:59,360 --> 01:16:01,320
Speaker 3: Then you can get into a trade. I have no

1393
01:16:01,320 --> 01:16:03,120
Speaker 3: problem with people day trading, and I have no problem

1394
01:16:03,160 --> 01:16:05,519
Speaker 3: when people get into options. I'm a problem with any

1395
01:16:05,560 --> 01:16:09,800
Speaker 3: of that. But I think you should learn the fundamentals

1396
01:16:09,800 --> 01:16:14,519
Speaker 3: of buying hole first and then start getting into that

1397
01:16:14,600 --> 01:16:17,280
Speaker 3: tradeing thing, and when it comes to generating money, it

1398
01:16:17,360 --> 01:16:20,720
Speaker 3: signs solely up to you. Right. Everybody is different. So

1399
01:16:20,920 --> 01:16:24,439
Speaker 3: I can tell you some days I've opened my options

1400
01:16:24,439 --> 01:16:27,800
Speaker 3: account and I've made sixty thousand dollars right, and some

1401
01:16:28,000 --> 01:16:31,080
Speaker 3: days I've opened it up and I've made fourteen hundred

1402
01:16:31,120 --> 01:16:34,280
Speaker 3: dollars right. And so it depends on the actually trade

1403
01:16:34,320 --> 01:16:37,880
Speaker 3: you're making. It depends on the position you have, else,

1404
01:16:38,000 --> 01:16:40,400
Speaker 3: depends on how much you have in there, right, So

1405
01:16:40,520 --> 01:16:43,280
Speaker 3: every everything is not a cookie cutter answer. And I

1406
01:16:43,280 --> 01:16:44,800
Speaker 3: don't want I don't want to feel like I could

1407
01:16:44,800 --> 01:16:47,840
Speaker 3: just give you one answer that'll fit that I will say,

1408
01:16:47,920 --> 01:16:50,760
Speaker 3: start with buying hole, start with understanding that you see

1409
01:16:50,800 --> 01:16:53,360
Speaker 3: your pastas and trading like while you got your money

1410
01:16:53,400 --> 01:16:55,880
Speaker 3: working for you doing that. Let's say you got ten

1411
01:16:56,000 --> 01:16:57,800
Speaker 3: to say, you got six thousand dollars, right, that's the

1412
01:16:57,840 --> 01:17:00,120
Speaker 3: number you said. Take four thousand of that, put in

1413
01:17:00,240 --> 01:17:02,280
Speaker 3: buy and hold, and then take the two thousand and

1414
01:17:02,360 --> 01:17:06,479
Speaker 3: learn how to trade with gotcha? And that will help

1415
01:17:06,520 --> 01:17:09,120
Speaker 3: you because what happens is you understand that the two

1416
01:17:09,160 --> 01:17:14,280
Speaker 3: thousand that's your learning money, right, and take your time

1417
01:17:14,680 --> 01:17:16,960
Speaker 3: learn it. Understand as you go I will tell you this,

1418
01:17:17,000 --> 01:17:21,760
Speaker 3: when you get into trading, be patient, don't rush, and

1419
01:17:21,920 --> 01:17:25,840
Speaker 3: don't take what's there. Don't make it out what you

1420
01:17:25,920 --> 01:17:28,200
Speaker 3: wanted to be. Take what's there. One of the things

1421
01:17:28,200 --> 01:17:30,719
Speaker 3: that happened with people with his options are they start

1422
01:17:30,800 --> 01:17:32,439
Speaker 3: saying this is what I think it's going to be.

1423
01:17:32,479 --> 01:17:34,439
Speaker 3: This is now a take what's there and move from

1424
01:17:34,439 --> 01:17:35,800
Speaker 3: the front. Yeah.

1425
01:17:35,840 --> 01:17:38,719
Speaker 13: I learned that with the Dulge coin over the last

1426
01:17:40,280 --> 01:17:43,040
Speaker 13: I bought that thirty five and then the club.

1427
01:17:43,120 --> 01:17:45,200
Speaker 3: I know, I know, I know.

1428
01:17:45,320 --> 01:17:48,160
Speaker 13: I had a homeboy that invested in a November twentieth

1429
01:17:48,640 --> 01:17:51,599
Speaker 13: and he bought it a million dollars one point one

1430
01:17:51,640 --> 01:17:55,559
Speaker 13: million tokens for four thousand dollars. He sold it two

1431
01:17:55,600 --> 01:17:58,000
Speaker 13: weeks later because he had lost like five hundred in it,

1432
01:17:58,040 --> 01:18:01,439
Speaker 13: so he missed out on like three hundred grand. So

1433
01:18:01,520 --> 01:18:03,960
Speaker 13: I know how important that money is. And like I said,

1434
01:18:04,000 --> 01:18:06,400
Speaker 13: that four grand that I had just had playing around

1435
01:18:06,400 --> 01:18:09,000
Speaker 13: where I could have made a move like that. So

1436
01:18:09,400 --> 01:18:12,280
Speaker 13: is there anything that you could suggest as like a

1437
01:18:12,320 --> 01:18:15,280
Speaker 13: basic read or like a basic knowledge point I should

1438
01:18:15,280 --> 01:18:17,559
Speaker 13: go to that would enhance my knowledge on that and

1439
01:18:17,600 --> 01:18:21,000
Speaker 13: give me like a good foundation on what on trading

1440
01:18:21,280 --> 01:18:24,920
Speaker 13: or on investment on both like like what you were

1441
01:18:24,960 --> 01:18:28,080
Speaker 13: talking about? What as far as like I know people

1442
01:18:28,080 --> 01:18:29,960
Speaker 13: say you got to be able to recharge, you got.

1443
01:18:29,800 --> 01:18:31,599
Speaker 3: To know when to get in and get out.

1444
01:18:32,040 --> 01:18:34,840
Speaker 13: Is there like a basic structure you could kind of

1445
01:18:34,920 --> 01:18:36,880
Speaker 13: watch for that or something you could do to kind

1446
01:18:36,880 --> 01:18:37,519
Speaker 13: of mimic that.

1447
01:18:38,560 --> 01:18:42,920
Speaker 3: Yep, to you hear the hang of two things. EYL

1448
01:18:43,080 --> 01:18:46,200
Speaker 3: does a group chat. I was in there one day

1449
01:18:46,240 --> 01:18:48,599
Speaker 3: when they have people not explaining charge they do all

1450
01:18:48,640 --> 01:18:53,000
Speaker 3: that and Wall Street traveled community bro, Like, I'm just

1451
01:18:53,000 --> 01:18:55,280
Speaker 3: want we teach it all, you know what I'm saying.

1452
01:18:55,400 --> 01:18:58,800
Speaker 3: So that's all my go to. Like my brothers over here,

1453
01:18:58,800 --> 01:19:00,280
Speaker 3: they have a whole I was in there on one

1454
01:19:00,360 --> 01:19:02,040
Speaker 3: day where they had the guys and they were breaking

1455
01:19:02,080 --> 01:19:03,800
Speaker 3: charge it down. One of the things e y L

1456
01:19:03,920 --> 01:19:05,320
Speaker 3: is good at is saying, you know, I don't know

1457
01:19:05,360 --> 01:19:08,080
Speaker 3: it alls. They bring people in the teacher, right, so

1458
01:19:08,160 --> 01:19:10,479
Speaker 3: that's what they agreed at. I even followed destruction like

1459
01:19:10,520 --> 01:19:13,040
Speaker 3: I got somebody come and teach tryptrom like well, like

1460
01:19:13,080 --> 01:19:14,760
Speaker 3: that's one of the things you do. Like I'm greed

1461
01:19:14,760 --> 01:19:16,280
Speaker 3: at what I'm greed at, but I don't got to

1462
01:19:16,280 --> 01:19:18,120
Speaker 3: be agreed at everything, So I bring people in who

1463
01:19:18,160 --> 01:19:20,559
Speaker 3: are great. I follow my brother's structure. So that's what

1464
01:19:20,600 --> 01:19:24,040
Speaker 3: you can do. Like they have an idea they bring

1465
01:19:24,120 --> 01:19:25,920
Speaker 3: I don't know, I forgot the dude's name. They come in,

1466
01:19:26,000 --> 01:19:28,519
Speaker 3: they show you read and they do the whole and

1467
01:19:28,560 --> 01:19:30,960
Speaker 3: they make it easy for you. So join E y

1468
01:19:31,120 --> 01:19:32,960
Speaker 3: L bro come for me to Wat Street, trapping me

1469
01:19:32,960 --> 01:19:35,280
Speaker 3: in my community. We talk about fundamentals. We break down

1470
01:19:35,320 --> 01:19:37,040
Speaker 3: how to learn the company, how to read the company,

1471
01:19:37,080 --> 01:19:39,360
Speaker 3: how to understand the company, how to buy the discom price.

1472
01:19:39,600 --> 01:19:40,479
Speaker 3: You don't got to go nowhere.

1473
01:19:40,479 --> 01:19:45,439
Speaker 4: El that appreciate you, guys, appreciate you, Appreciate you. Shout

1474
01:19:45,439 --> 01:19:46,160
Speaker 4: out to all boys.

1475
01:19:46,240 --> 01:19:49,720
Speaker 8: Uh Francis, I can't.

1476
01:19:49,439 --> 01:19:50,200
Speaker 3: Think of the name.

1477
01:19:54,200 --> 01:19:56,000
Speaker 4: Those guys especially, Shout out to them.

1478
01:19:56,160 --> 01:19:58,240
Speaker 2: They've been blessing us the last couple of months with

1479
01:19:58,280 --> 01:20:02,800
Speaker 2: that cheat code, technical analysis and serious there's no joy.

1480
01:20:02,960 --> 01:20:06,960
Speaker 13: Come down to d C to man, sure some loved

1481
01:20:07,360 --> 01:20:08,080
Speaker 13: was a vibe.

1482
01:20:08,160 --> 01:20:13,520
Speaker 3: Man talk about.

1483
01:20:13,600 --> 01:20:15,160
Speaker 4: I mean we touched the floor.

1484
01:20:15,200 --> 01:20:16,839
Speaker 3: We didn't even have to dribble the ball.

1485
01:20:16,680 --> 01:20:20,000
Speaker 2: We put we put Wall Street traffer on stage. Man,

1486
01:20:20,040 --> 01:20:22,720
Speaker 2: that was your first public speaking first.

1487
01:20:22,479 --> 01:20:24,800
Speaker 3: That was my first one that big I had somebody,

1488
01:20:25,680 --> 01:20:27,720
Speaker 3: but that was the first one that scale man. Then

1489
01:20:27,800 --> 01:20:29,840
Speaker 3: y'all left me to talk to eighty people by myself

1490
01:20:32,000 --> 01:20:34,600
Speaker 3: because we had to do like four episodes. Nobody saw that.

1491
01:20:34,600 --> 01:20:39,519
Speaker 3: That's why who episode. I look back, there's eighty people like.

1492
01:20:39,600 --> 01:20:44,759
Speaker 8: Show out crazy. I thought that was at that event.

1493
01:20:44,800 --> 01:20:47,800
Speaker 8: That was dope, man. We went to It worked so

1494
01:20:47,840 --> 01:20:49,840
Speaker 8: hard that I fell asleep during the basketball game.

1495
01:20:49,960 --> 01:20:52,600
Speaker 3: I was love love with d C. That was a

1496
01:20:52,720 --> 01:20:56,439
Speaker 3: vibe that was dope. Definitely got to go to what

1497
01:20:56,479 --> 01:20:59,120
Speaker 3: that part was. I wanted to bus boys and poors.

1498
01:20:59,120 --> 01:21:04,320
Speaker 3: Favorite part of these You gotta go south Side. Shout

1499
01:21:04,320 --> 01:21:07,519
Speaker 3: out to south I lived there that big chair. Yes, sir,

1500
01:21:10,000 --> 01:21:12,280
Speaker 3: shout out. Shout out to you, Emuel, shout out to DC.

1501
01:21:12,479 --> 01:21:12,919
Speaker 4: Man.

1502
01:21:13,120 --> 01:21:14,640
Speaker 8: All right, let's see what we got. Let's see what

1503
01:21:14,640 --> 01:21:17,720
Speaker 8: we got. Let's go to Adrian. We're coming to you.

1504
01:21:17,760 --> 01:21:19,679
Speaker 8: I'm yourself. You've been mute. It was going on Adrian.

1505
01:21:22,680 --> 01:21:23,000
Speaker 4: Wow.

1506
01:21:23,280 --> 01:21:27,200
Speaker 12: Yeah Yo, Thank y'all so much for choosing me, man,

1507
01:21:28,760 --> 01:21:29,400
Speaker 12: can you hear me?

1508
01:21:29,800 --> 01:21:30,719
Speaker 3: Yeah? Perfect?

1509
01:21:31,600 --> 01:21:32,120
Speaker 4: Oh okay.

1510
01:21:33,000 --> 01:21:34,719
Speaker 12: First of all, I just got like a little quick

1511
01:21:34,840 --> 01:21:37,800
Speaker 12: praise report with regard to him, five hundred. He was

1512
01:21:37,800 --> 01:21:41,560
Speaker 12: on the show last month and I was able to

1513
01:21:41,640 --> 01:21:44,519
Speaker 12: raise my credit score like one hundred points by just

1514
01:21:44,640 --> 01:21:48,639
Speaker 12: following you know, his process. So I just thank y'all

1515
01:21:48,640 --> 01:21:50,360
Speaker 12: so much for all the stuff that y'all bring into

1516
01:21:50,360 --> 01:21:50,760
Speaker 12: the game.

1517
01:21:51,040 --> 01:21:53,000
Speaker 2: Shout out to Mark, Shout out to my boy, him

1518
01:21:53,040 --> 01:21:55,599
Speaker 2: five hundred Him, not them. He was with us last

1519
01:21:55,640 --> 01:21:58,760
Speaker 2: night at our networking event for Eyo University. One of

1520
01:21:58,800 --> 01:22:02,519
Speaker 2: the most dangerous men on the internet. That boys. Yeah,

1521
01:22:02,560 --> 01:22:05,639
Speaker 2: boy is different man, no doubt, no doubt.

1522
01:22:06,000 --> 01:22:06,120
Speaker 4: Yo.

1523
01:22:06,160 --> 01:22:08,439
Speaker 12: When y'all come to Atlanta, I'm like five hours away,

1524
01:22:08,479 --> 01:22:10,519
Speaker 12: but I'll drive and definitely make the trip. So if

1525
01:22:10,560 --> 01:22:12,479
Speaker 12: y'all come to Atlanta, please let me know. I will

1526
01:22:12,520 --> 01:22:16,120
Speaker 12: definitely be up there. I'm gonna get straight to my

1527
01:22:16,120 --> 01:22:19,800
Speaker 12: my question. Uh, I'm gonna call you. I'm in gangs

1528
01:22:19,840 --> 01:22:20,640
Speaker 12: with Florida.

1529
01:22:21,120 --> 01:22:23,840
Speaker 3: Said, because New Orleans six hours all right? Cool?

1530
01:22:24,320 --> 01:22:31,360
Speaker 12: Yeah, but uh, trap, I made a terrible mistake and

1531
01:22:31,400 --> 01:22:34,800
Speaker 12: I got into coinbase as soon as they opened at

1532
01:22:34,880 --> 01:22:38,559
Speaker 12: like just under four hundred, and now I think it's

1533
01:22:38,600 --> 01:22:40,080
Speaker 12: like just under three hundred.

1534
01:22:40,240 --> 01:22:41,559
Speaker 4: So I lost my shirt.

1535
01:22:42,760 --> 01:22:47,320
Speaker 12: But you said, because I follow you on Instagram, you

1536
01:22:47,360 --> 01:22:51,240
Speaker 12: were saying that you should never get you should never

1537
01:22:51,560 --> 01:22:54,800
Speaker 12: buy stock in a company as soon as they as

1538
01:22:54,800 --> 01:22:58,120
Speaker 12: soon as the I p o hits, and what I

1539
01:22:58,160 --> 01:23:01,720
Speaker 12: was trying to find out is what would you recommend

1540
01:23:01,800 --> 01:23:04,240
Speaker 12: like with regard to coinbase. Do you think that it's

1541
01:23:04,280 --> 01:23:06,400
Speaker 12: ever going to get like back up to that four hundred?

1542
01:23:07,040 --> 01:23:08,960
Speaker 3: All right, I'm glad you said that, man, because I

1543
01:23:08,960 --> 01:23:11,639
Speaker 3: saw some people saying something and I want to address

1544
01:23:11,680 --> 01:23:16,240
Speaker 3: this right quick. So I don't buy IPOs or directs,

1545
01:23:16,360 --> 01:23:18,680
Speaker 3: and as soon as they come to the market, just

1546
01:23:18,720 --> 01:23:21,280
Speaker 3: because I feel like I need to get about four

1547
01:23:21,400 --> 01:23:26,599
Speaker 3: quarters of information from them. I bought Roadblocks. My daughter

1548
01:23:26,640 --> 01:23:29,519
Speaker 3: has her own account that I put money in, and

1549
01:23:29,560 --> 01:23:31,800
Speaker 3: I bought it for her because she literally woke up

1550
01:23:31,880 --> 01:23:34,479
Speaker 3: one day because I was CNBC so much and she

1551
01:23:34,640 --> 01:23:38,040
Speaker 3: was like, Daddy cannot own Roadblocks like I own Disney,

1552
01:23:38,680 --> 01:23:40,680
Speaker 3: And I was like, of course you can. So I

1553
01:23:40,720 --> 01:23:43,240
Speaker 3: bought up some shells. But it's for her and it

1554
01:23:43,320 --> 01:23:45,840
Speaker 3: wasn't no big deal. It was just to make a smile.

1555
01:23:45,880 --> 01:23:50,000
Speaker 3: But I typically myself don't buy them and IPO phase

1556
01:23:50,400 --> 01:23:52,280
Speaker 3: or direct. Listen, I think one day I'm gonna do

1557
01:23:52,320 --> 01:23:55,479
Speaker 3: a post on the difference between the two. You didn't

1558
01:23:55,479 --> 01:23:57,920
Speaker 3: lose your money, so I want you to understand that

1559
01:23:58,720 --> 01:24:01,720
Speaker 3: the only way you lose your money is if you

1560
01:24:01,800 --> 01:24:05,840
Speaker 3: sell it right now. So let's let's let's understand that

1561
01:24:05,880 --> 01:24:07,960
Speaker 3: if you buy a stock and the price goes down,

1562
01:24:08,600 --> 01:24:12,000
Speaker 3: what's that beautiful? Okay, I need to turn it down

1563
01:24:12,040 --> 01:24:12,479
Speaker 3: a little bit.

1564
01:24:14,200 --> 01:24:18,680
Speaker 8: The same person, why are you telling people about my portfolio?

1565
01:24:19,320 --> 01:24:28,160
Speaker 3: Exactly like that down at That's a fact, right, You

1566
01:24:28,200 --> 01:24:30,000
Speaker 3: don't lose money in a stock when you when the

1567
01:24:30,040 --> 01:24:33,840
Speaker 3: stock price goes down, your equity decreases, but you don't

1568
01:24:33,880 --> 01:24:36,599
Speaker 3: lose money. You only lose money when you sell it

1569
01:24:36,760 --> 01:24:40,200
Speaker 3: because now you've locked in the loss. Right, That's why

1570
01:24:40,200 --> 01:24:43,040
Speaker 3: I buy a whole is so dope. So what I

1571
01:24:43,040 --> 01:24:45,479
Speaker 3: would typically do if I was you, And one of

1572
01:24:45,520 --> 01:24:47,439
Speaker 3: the reasons again why I don't just buy IP is

1573
01:24:47,439 --> 01:24:49,200
Speaker 3: out of the gates because first, when you're buying an

1574
01:24:49,200 --> 01:24:51,840
Speaker 3: I PO, one of the things directly, one of the

1575
01:24:51,880 --> 01:24:56,080
Speaker 3: things that's happening is the people who invested early on

1576
01:24:56,840 --> 01:25:00,360
Speaker 3: this becomes the exit strategy for them, right, and unless

1577
01:25:00,360 --> 01:25:03,160
Speaker 3: they're in, they have what's called a lockout phase where

1578
01:25:03,160 --> 01:25:05,160
Speaker 3: they got to keep it six months or maybe a

1579
01:25:05,280 --> 01:25:08,479
Speaker 3: year or maybe two years, depending on what the lockout

1580
01:25:08,520 --> 01:25:11,639
Speaker 3: phase is. Right, So we got to figure that out.

1581
01:25:12,439 --> 01:25:16,400
Speaker 3: So that's normally when they're getting out. For me after

1582
01:25:16,520 --> 01:25:19,760
Speaker 3: three to four quarters, I now have an idea of

1583
01:25:19,920 --> 01:25:23,040
Speaker 3: one how the business make money. I've now let all

1584
01:25:23,040 --> 01:25:25,400
Speaker 3: the big investors you know, do what they're gonna do.

1585
01:25:26,479 --> 01:25:28,000
Speaker 3: You know what I'm saying, They're gonna be in for

1586
01:25:28,040 --> 01:25:30,800
Speaker 3: the long term. Whatever I can now, I can now

1587
01:25:30,840 --> 01:25:35,160
Speaker 3: develop my game plan on that. For you, I would

1588
01:25:35,200 --> 01:25:38,640
Speaker 3: have to ask you, how do you feel about Coinbase? Now?

1589
01:25:38,720 --> 01:25:42,400
Speaker 3: What I do know is when I'm thinking about investing

1590
01:25:42,400 --> 01:25:43,559
Speaker 3: in it, but I'm gonna give it a year. I'm

1591
01:25:43,560 --> 01:25:49,240
Speaker 3: not gonna lie. They put out great numbers before the IPO, like,

1592
01:25:50,160 --> 01:25:52,280
Speaker 3: they put out great number. I mean before they before

1593
01:25:52,320 --> 01:25:55,360
Speaker 3: they hit the marketing direct listic. They put out great numbers.

1594
01:25:55,680 --> 01:25:57,240
Speaker 3: So if you go look back and look at how

1595
01:25:57,280 --> 01:26:02,120
Speaker 3: the company has been performing forty became public, they actually

1596
01:26:02,120 --> 01:26:06,559
Speaker 3: did great numbers. So now you're saying, Okay, what happens

1597
01:26:06,600 --> 01:26:10,160
Speaker 3: now is because they're on the market now public, they

1598
01:26:10,240 --> 01:26:13,160
Speaker 3: now have to open up the doors to everything they're doing,

1599
01:26:13,520 --> 01:26:16,200
Speaker 3: and they also have to give us all the information

1600
01:26:16,680 --> 01:26:18,559
Speaker 3: and so this we build our strategy. And so for you,

1601
01:26:18,560 --> 01:26:21,640
Speaker 3: if you bought into coinbase, do you believe in it?

1602
01:26:23,080 --> 01:26:24,280
Speaker 4: Yeah? I do, Yeah, I do.

1603
01:26:24,720 --> 01:26:27,920
Speaker 12: I think I mean, it's the biggest company, you know

1604
01:26:28,040 --> 01:26:31,680
Speaker 12: in the crypto space, so I just assume that it

1605
01:26:31,680 --> 01:26:34,120
Speaker 12: would eventually, you know, take over, just because of the

1606
01:26:34,200 --> 01:26:36,200
Speaker 12: name recognition one.

1607
01:26:37,160 --> 01:26:39,000
Speaker 3: So one of the things before you buy a company.

1608
01:26:39,040 --> 01:26:40,439
Speaker 3: So I'm gonna tell you all this right quick. I

1609
01:26:40,479 --> 01:26:43,439
Speaker 3: always give myself. I always have these rules, right, but

1610
01:26:43,479 --> 01:26:46,200
Speaker 3: I'm gonna just give y'all three things. One like, ask yourself,

1611
01:26:46,240 --> 01:26:51,040
Speaker 3: why am I at this business? What attracted me here? Right? Two?

1612
01:26:51,080 --> 01:26:56,639
Speaker 3: Do I understand how do they make money? Three? Do

1613
01:26:56,720 --> 01:27:00,960
Speaker 3: I see ten year growth potential? Because if I can't

1614
01:27:01,000 --> 01:27:03,000
Speaker 3: own a company for ten years and see it growing,

1615
01:27:03,040 --> 01:27:04,479
Speaker 3: I don't want to pay I don't want to spend

1616
01:27:04,479 --> 01:27:05,360
Speaker 3: ten minutes Washington.

1617
01:27:06,520 --> 01:27:06,720
Speaker 4: Right.

1618
01:27:06,760 --> 01:27:08,839
Speaker 3: So the next thing for you to do is say, Okay,

1619
01:27:09,080 --> 01:27:09,920
Speaker 3: you bought it at how.

1620
01:27:09,880 --> 01:27:12,639
Speaker 4: Much it was three ninety eight?

1621
01:27:13,080 --> 01:27:14,920
Speaker 3: Three ninety eight? What is that right now?

1622
01:27:17,040 --> 01:27:18,080
Speaker 4: Two nine?

1623
01:27:19,240 --> 01:27:22,360
Speaker 3: Buy some more right now. So now what's going to

1624
01:27:22,439 --> 01:27:24,320
Speaker 3: happen is this was gonna have you. And I'm only

1625
01:27:24,320 --> 01:27:26,360
Speaker 3: saying that if you believe in it. So what happens

1626
01:27:26,479 --> 01:27:28,680
Speaker 3: is if you bought it at three ninety something and

1627
01:27:28,720 --> 01:27:31,360
Speaker 3: you buy that two ninety nine right now, you'll now

1628
01:27:31,479 --> 01:27:33,760
Speaker 3: bring your cost basis down, which is the cost that

1629
01:27:33,840 --> 01:27:36,120
Speaker 3: you bought it at. You'll bring it down from two

1630
01:27:36,200 --> 01:27:40,920
Speaker 3: ninety eight, I mean three ninety something to about two fifty. Right,

1631
01:27:41,040 --> 01:27:44,720
Speaker 3: So now, so now you'll see profits. You'll now be

1632
01:27:44,960 --> 01:27:48,880
Speaker 3: into profit at two fifty instead of waiting till it

1633
01:27:48,880 --> 01:27:51,599
Speaker 3: gets I mean at three point fifty, instead of waiting

1634
01:27:51,640 --> 01:27:54,400
Speaker 3: till it gets three hundred. You feel what I'm saying?

1635
01:27:54,880 --> 01:27:56,760
Speaker 3: And so what I like to do is with me,

1636
01:27:57,280 --> 01:28:00,519
Speaker 3: when I buy a company, I always do what is

1637
01:28:00,560 --> 01:28:04,040
Speaker 3: called that's not dollar cost average, and y'all that's called

1638
01:28:04,080 --> 01:28:07,759
Speaker 3: averaging down. The dollar cost averaging is something completely different.

1639
01:28:08,160 --> 01:28:10,479
Speaker 3: So averaging down is what I love to do. I

1640
01:28:10,600 --> 01:28:12,880
Speaker 3: buy it, I figure out what a business is worth,

1641
01:28:13,600 --> 01:28:18,200
Speaker 3: and then I find prices at which i'll buy it again. Right,

1642
01:28:18,479 --> 01:28:20,519
Speaker 3: and so, so you bought it at three something, So

1643
01:28:20,560 --> 01:28:22,280
Speaker 3: now I'll have three ways I look at it. If

1644
01:28:22,280 --> 01:28:24,639
Speaker 3: I bought it at three fifty or three ninety something,

1645
01:28:25,000 --> 01:28:27,439
Speaker 3: what are the next two prices I'll buy some more at.

1646
01:28:27,840 --> 01:28:29,960
Speaker 3: So if I bought it at three ninety, my next

1647
01:28:30,000 --> 01:28:33,679
Speaker 3: price may be three point fifty or three twenty five,

1648
01:28:34,040 --> 01:28:36,599
Speaker 3: and then my next price may be two seventy five.

1649
01:28:37,160 --> 01:28:39,559
Speaker 3: You feel what I'm saying, So, now what happens is

1650
01:28:39,640 --> 01:28:43,280
Speaker 3: if it goes down, I'm now bringing my cost basis

1651
01:28:43,320 --> 01:28:46,320
Speaker 3: down with right, So now I'm no longer I can

1652
01:28:46,479 --> 01:28:48,040
Speaker 3: I don't got to wait till three ninety eight to

1653
01:28:48,080 --> 01:28:51,439
Speaker 3: see profit. Now, from three ninety eight to three fifty,

1654
01:28:51,439 --> 01:28:53,920
Speaker 3: I'll probably bring my cost bases down to about another

1655
01:28:53,960 --> 01:28:57,400
Speaker 3: ten to fifteen dollars. That adds up, right, So you

1656
01:28:57,640 --> 01:29:02,000
Speaker 3: find prices to average down at. But I don't. I don't.

1657
01:29:02,439 --> 01:29:05,680
Speaker 3: I don't buy IPOs out the gate for myself like

1658
01:29:05,760 --> 01:29:10,960
Speaker 3: that because I know there's a few exceptions to the rules,

1659
01:29:11,000 --> 01:29:13,000
Speaker 3: and a lot of times it's the smaller companies that

1660
01:29:13,040 --> 01:29:15,800
Speaker 3: you don't even hear about that just take off at

1661
01:29:15,800 --> 01:29:20,280
Speaker 3: the IPO, right. The bigger companies people getting out of that,

1662
01:29:20,360 --> 01:29:22,559
Speaker 3: they make any money they're getting out of that. So

1663
01:29:22,800 --> 01:29:24,880
Speaker 3: but because you're there, you believe in That's why I say,

1664
01:29:24,920 --> 01:29:26,720
Speaker 3: do you believe in it? If you believe in it,

1665
01:29:26,800 --> 01:29:29,320
Speaker 3: you start buying averaging down. And then once you figure

1666
01:29:29,360 --> 01:29:31,200
Speaker 3: that price the average down that you said, Okay, I'm

1667
01:29:31,200 --> 01:29:33,400
Speaker 3: gonna let it take off. But once it takes off,

1668
01:29:33,439 --> 01:29:36,200
Speaker 3: you don't start buying more until you re evaluate the

1669
01:29:36,280 --> 01:29:39,880
Speaker 3: company a year later. I evaluate every company every six months.

1670
01:29:40,960 --> 01:29:44,639
Speaker 2: Yeah, that's extremely Shout to my boy Mike Rashid, who's

1671
01:29:44,680 --> 01:29:46,760
Speaker 2: in the YouTube chat is good.

1672
01:29:46,920 --> 01:29:50,639
Speaker 4: Kay, yeah, Yeah, that's what's good. That's my god.

1673
01:29:50,760 --> 01:29:53,920
Speaker 3: Man. We got out for the link over. He was like,

1674
01:29:54,000 --> 01:29:54,759
Speaker 3: trap you coming.

1675
01:29:55,479 --> 01:29:56,160
Speaker 4: I was like yeah.

1676
01:29:56,200 --> 01:29:57,640
Speaker 3: When I got my a daughter, I was like, I

1677
01:29:57,640 --> 01:30:03,040
Speaker 3: ain't come. Don't they got a company? Just a mic man.

1678
01:30:03,400 --> 01:30:07,799
Speaker 2: Were on Micaero Sheet's podcast, and that's crazy. It's doing numbers.

1679
01:30:07,840 --> 01:30:08,000
Speaker 3: Man.

1680
01:30:08,040 --> 01:30:10,799
Speaker 2: I just the first day it was like four thousand

1681
01:30:10,840 --> 01:30:13,880
Speaker 2: views and I didn't check it and I looked two

1682
01:30:13,960 --> 01:30:16,400
Speaker 2: days ago and it's been out for four days and we

1683
01:30:16,439 --> 01:30:19,680
Speaker 2: had one hundred and seventy seven thousand views.

1684
01:30:23,320 --> 01:30:26,320
Speaker 3: Just community is insane.

1685
01:30:26,360 --> 01:30:28,760
Speaker 4: Heavily respected and just a good dude.

1686
01:30:28,760 --> 01:30:28,920
Speaker 3: Man.

1687
01:30:28,960 --> 01:30:30,760
Speaker 2: We're going to be doing a lot of stuff with mic,

1688
01:30:30,880 --> 01:30:34,639
Speaker 2: so shout to us. Watch yeah, just watch. Yeah, that's

1689
01:30:34,640 --> 01:30:40,439
Speaker 2: a fact co legends only, that's a fact. But buying

1690
01:30:40,479 --> 01:30:42,720
Speaker 2: buying down is something like what you just explained is

1691
01:30:42,760 --> 01:30:49,880
Speaker 2: something that is extremely powerful. And I actually did that

1692
01:30:50,040 --> 01:30:52,880
Speaker 2: recently with an option. And you can do this like

1693
01:30:53,000 --> 01:30:55,000
Speaker 2: what he's explaining. You can do regular stock, you can

1694
01:30:55,040 --> 01:30:57,840
Speaker 2: do options, you can do anything. And I had an

1695
01:30:57,880 --> 01:31:01,519
Speaker 2: option call which I think it was a It was

1696
01:31:01,680 --> 01:31:02,800
Speaker 2: one forty.

1697
01:31:04,560 --> 01:31:04,800
Speaker 4: One.

1698
01:31:05,120 --> 01:31:08,120
Speaker 2: Yeah, it was in January twenty three March March March

1699
01:31:08,120 --> 01:31:11,200
Speaker 2: twenty three. It was a one forty March twenty March

1700
01:31:11,240 --> 01:31:16,040
Speaker 2: twenty three call for Apple. And I was down pretty bad.

1701
01:31:16,200 --> 01:31:20,439
Speaker 2: I was down forty percent. I was down like forty percent,

1702
01:31:21,200 --> 01:31:24,360
Speaker 2: and I put it. I put a substantial amount of

1703
01:31:24,360 --> 01:31:27,920
Speaker 2: money in because looking at the charts understanding that Apple,

1704
01:31:28,320 --> 01:31:30,000
Speaker 2: you know, we felt it was kind of gonna go

1705
01:31:30,000 --> 01:31:32,680
Speaker 2: on the run with earnings and everything. I'm like, I'm

1706
01:31:32,680 --> 01:31:36,439
Speaker 2: already down forty percent, So I put a substantial amount

1707
01:31:36,479 --> 01:31:39,559
Speaker 2: of money. The minute I put that in, it brought

1708
01:31:39,600 --> 01:31:43,320
Speaker 2: me back. It brought me to down eight percent instantly,

1709
01:31:44,840 --> 01:31:49,400
Speaker 2: and now I'm up twenty two percent. So that's a

1710
01:31:49,680 --> 01:31:54,160
Speaker 2: sixty percent swing swing. So it's like, all you take

1711
01:31:54,200 --> 01:31:57,960
Speaker 2: a shot, you might miss the first shot. Move in

1712
01:31:58,040 --> 01:32:01,960
Speaker 2: a little bit, get closer to the basket it. You

1713
01:32:01,960 --> 01:32:05,040
Speaker 2: know what I'm said, don't look.

1714
01:32:05,080 --> 01:32:07,439
Speaker 8: Look the reason he did that is because he believes

1715
01:32:07,479 --> 01:32:09,640
Speaker 8: in the company, right, Like, if you don't believe in

1716
01:32:09,640 --> 01:32:12,080
Speaker 8: the company, you're not gonna do that.

1717
01:32:12,760 --> 01:32:14,760
Speaker 2: Yeah, don't just do that with anything, Like if you

1718
01:32:14,920 --> 01:32:18,200
Speaker 2: down you got X, Y and Z paper nail company,

1719
01:32:18,200 --> 01:32:20,960
Speaker 2: and you down sixty percent and you're thinking you're going

1720
01:32:21,120 --> 01:32:23,679
Speaker 2: you're gonna just now, you're gonna be down ninety percent

1721
01:32:23,680 --> 01:32:26,680
Speaker 2: when it keeps going like it, you can't strictly for

1722
01:32:26,760 --> 01:32:30,080
Speaker 2: live man here, don't play yourself and think like, Okay.

1723
01:32:29,920 --> 01:32:32,040
Speaker 3: You definitely got to beat in the business. You definitely

1724
01:32:32,080 --> 01:32:36,560
Speaker 3: gotta That's one of the most important things with anything

1725
01:32:37,320 --> 01:32:40,639
Speaker 3: with investing. You gotta believe in the business. That's the

1726
01:32:40,680 --> 01:32:43,479
Speaker 3: only thing gonna keep me from paying again. Right if

1727
01:32:43,520 --> 01:32:46,040
Speaker 3: you if you guess, if you're doing guesswork, every time

1728
01:32:46,040 --> 01:32:47,760
Speaker 3: it drops, you're gonna pay it. You're gonna sell your

1729
01:32:47,760 --> 01:32:50,080
Speaker 3: shirt if you believe it. Yo, I'm telling y'all we

1730
01:32:50,120 --> 01:32:53,320
Speaker 3: done been down big money and be like how you feel, bro, man,

1731
01:32:53,360 --> 01:32:55,800
Speaker 3: I'm good, I ain't tripping on it all good? Tell

1732
01:32:55,880 --> 01:33:00,160
Speaker 3: him all right, talk to him cool, what we're doing well,

1733
01:33:00,520 --> 01:33:02,080
Speaker 3: I ain't going about that. What was about to do

1734
01:33:02,280 --> 01:33:04,400
Speaker 3: when we leave it up is because we believe in

1735
01:33:04,400 --> 01:33:08,080
Speaker 3: the like no whether it's long time, buy a whole,

1736
01:33:08,120 --> 01:33:12,439
Speaker 3: whether it's mid time, whether it's options. Because we do

1737
01:33:12,560 --> 01:33:17,760
Speaker 3: the research and a homework, that eliminates the panic that

1738
01:33:17,840 --> 01:33:21,479
Speaker 3: eliminates the panic. Now Rashad is just a pessimistic.

1739
01:33:21,240 --> 01:33:23,479
Speaker 8: I'm about to say he'd be trying to make me panic.

1740
01:33:23,560 --> 01:33:24,920
Speaker 8: I'm like, nah, bro, we're good.

1741
01:33:26,320 --> 01:33:30,280
Speaker 3: Ways, yo. You know the moon is about it's about

1742
01:33:30,320 --> 01:33:35,400
Speaker 3: to come out, you know what.

1743
01:33:35,400 --> 01:33:36,960
Speaker 2: That's what I was always taught Tod to my man

1744
01:33:37,000 --> 01:33:39,280
Speaker 2: jam You always said, like, you know, kill the deal.

1745
01:33:39,320 --> 01:33:43,120
Speaker 2: I'm always taught to kill the deal, meaning if something

1746
01:33:43,160 --> 01:33:45,120
Speaker 2: is brought to me, I'm trying to figure out what,

1747
01:33:45,160 --> 01:33:47,000
Speaker 2: how can how doesn't it make sense?

1748
01:33:47,560 --> 01:33:48,120
Speaker 4: What? How?

1749
01:33:48,280 --> 01:33:51,400
Speaker 2: How it can go wrong? I'm a I'm a defensive player.

1750
01:33:51,600 --> 01:33:57,280
Speaker 2: So once once you once you, once you, once you realize,

1751
01:33:57,360 --> 01:33:59,799
Speaker 2: once you realize all of the things, once you realize

1752
01:33:59,840 --> 01:34:02,720
Speaker 2: all the things that can go wrong, now you're in

1753
01:34:02,760 --> 01:34:05,920
Speaker 2: a position to actually ma a decision.

1754
01:34:05,920 --> 01:34:06,880
Speaker 4: But everybody's different.

1755
01:34:07,160 --> 01:34:09,680
Speaker 2: Some people is more like Troy's more offensive, like he

1756
01:34:10,600 --> 01:34:13,960
Speaker 2: takes more risks. But you know, to me, I think,

1757
01:34:14,080 --> 01:34:16,920
Speaker 2: I think a good defense is the best offense. And

1758
01:34:17,640 --> 01:34:19,760
Speaker 2: I'm just not trying to lose no money. That's the

1759
01:34:19,840 --> 01:34:21,000
Speaker 2: number one rule of investing.

1760
01:34:21,040 --> 01:34:23,360
Speaker 3: I'm not trying the number one rule of don't rule

1761
01:34:23,479 --> 01:34:26,760
Speaker 3: number one, don't lose money, rule number two. All of

1762
01:34:26,840 --> 01:34:27,400
Speaker 3: rule one.

1763
01:34:27,560 --> 01:34:29,479
Speaker 4: That's a fact, big fact. That is a fact.

1764
01:34:29,560 --> 01:34:34,680
Speaker 3: That's the more perfect way I will say that. We

1765
01:34:34,880 --> 01:34:38,679
Speaker 3: call that. We call that in the in the traffic community.

1766
01:34:38,680 --> 01:34:42,400
Speaker 3: Looking at the inverse of every situation and looking at

1767
01:34:42,479 --> 01:34:46,120
Speaker 3: the inverse simply means how do I understand the downside?

1768
01:34:46,160 --> 01:34:50,360
Speaker 3: Like I gotta understand the downside to whether it's buying hold,

1769
01:34:50,760 --> 01:34:54,960
Speaker 3: whether it's options, whatever. I need to understand the downside

1770
01:34:55,280 --> 01:34:57,400
Speaker 3: because once if I don't know what, if I don't

1771
01:34:57,400 --> 01:35:00,360
Speaker 3: know the dangers of this, then I'm really that's in

1772
01:35:00,400 --> 01:35:04,120
Speaker 3: the blind. So when I invest in the company, I

1773
01:35:04,160 --> 01:35:06,720
Speaker 3: want to look at what lawsuits they had again them

1774
01:35:06,960 --> 01:35:09,360
Speaker 3: why people left the company with the people who work

1775
01:35:09,400 --> 01:35:11,759
Speaker 3: for the company saying I need to know the bad

1776
01:35:11,880 --> 01:35:14,760
Speaker 3: side of it too. So now stuff doesn't just throw

1777
01:35:14,840 --> 01:35:17,640
Speaker 3: me off you we gotta understand that. But because we

1778
01:35:17,640 --> 01:35:18,280
Speaker 3: were talking.

1779
01:35:18,080 --> 01:35:23,000
Speaker 8: One to one, all that yeah, future innovations, if they

1780
01:35:23,040 --> 01:35:24,160
Speaker 8: offer guidance.

1781
01:35:24,600 --> 01:35:26,639
Speaker 3: I want to know that these.

1782
01:35:26,479 --> 01:35:29,160
Speaker 8: Are the things you gotta you gotta look into. It's

1783
01:35:29,160 --> 01:35:32,200
Speaker 8: all places part plays a part in your in your research.

1784
01:35:32,760 --> 01:35:35,200
Speaker 3: It's crazy. Listen, as I'm talking to y'all, the guy

1785
01:35:35,280 --> 01:35:37,880
Speaker 3: really texted me just now and I was on the

1786
01:35:37,880 --> 01:35:40,639
Speaker 3: phone for them two hours man, and he literally told me,

1787
01:35:41,960 --> 01:35:43,840
Speaker 3: he's saying, right now, man, you're hitting it right. I guess.

1788
01:35:43,840 --> 01:35:45,400
Speaker 3: So he's watching it. He's like, man, you're hitting it

1789
01:35:45,479 --> 01:35:48,760
Speaker 3: right on the head. It's crazy. So I told him

1790
01:35:48,760 --> 01:35:51,840
Speaker 3: to watch y'all, Like, bro, you're hitting it right on

1791
01:35:51,880 --> 01:35:54,679
Speaker 3: the head. He literally texted me right there. But one

1792
01:35:54,680 --> 01:35:56,680
Speaker 3: of the things we talked about today was and we

1793
01:35:56,760 --> 01:36:01,680
Speaker 3: talked about how there was this great opportunity for the

1794
01:36:01,720 --> 01:36:05,080
Speaker 3: playing field to be leveled. So I don't kept if

1795
01:36:05,120 --> 01:36:08,280
Speaker 3: crypto NFTs, I don't care what's coming. I want you

1796
01:36:08,479 --> 01:36:12,559
Speaker 3: to know that the stock market will not go anywhere, right,

1797
01:36:13,040 --> 01:36:16,080
Speaker 3: will not go anywhere because too many people's billions of

1798
01:36:16,160 --> 01:36:19,280
Speaker 3: dollars is tied to it. Right, These other ass these

1799
01:36:19,280 --> 01:36:22,519
Speaker 3: will be other asset classes that just it's like, this

1800
01:36:22,640 --> 01:36:25,800
Speaker 3: is the burger, that's the fries, that's the high c

1801
01:36:26,439 --> 01:36:29,840
Speaker 3: that's the apple pie. You want some nuggets too, That's

1802
01:36:29,840 --> 01:36:32,040
Speaker 3: what these things are. You can make money with them

1803
01:36:32,080 --> 01:36:34,960
Speaker 3: as well. But the market isn't going anywhere. What happens

1804
01:36:35,040 --> 01:36:39,679
Speaker 3: is now these other asset classes present greater opportunities for us.

1805
01:36:40,080 --> 01:36:43,920
Speaker 3: The thing that's gonna hinder a lot of people it's

1806
01:36:43,960 --> 01:36:47,280
Speaker 3: gonna break a lot of people is because they're doing

1807
01:36:47,320 --> 01:36:55,280
Speaker 3: more guesswork than research. You're gonna do more guesswork than research.

1808
01:36:56,120 --> 01:36:59,200
Speaker 3: People often ask me, but trap, if you waited a

1809
01:36:59,280 --> 01:37:01,719
Speaker 3: year for your post while you missed all those games,

1810
01:37:01,760 --> 01:37:03,479
Speaker 3: I was like iron tripman, because when I did get

1811
01:37:03,479 --> 01:37:05,360
Speaker 3: it at full twenty five or round up to fifteen,

1812
01:37:05,360 --> 01:37:08,719
Speaker 3: and I was good fifteen hundred, I was good. Yeah,

1813
01:37:08,760 --> 01:37:10,439
Speaker 3: I mean you got a price all you. I had

1814
01:37:10,439 --> 01:37:12,000
Speaker 3: a price. I had a price on it what I

1815
01:37:12,040 --> 01:37:15,720
Speaker 3: wanted to get it at. Like you can't guess your

1816
01:37:15,760 --> 01:37:19,040
Speaker 3: way to wealth, y'all. And the objective for us is

1817
01:37:19,080 --> 01:37:23,840
Speaker 3: to help no matter what avenue we taken. The objective

1818
01:37:23,880 --> 01:37:26,800
Speaker 3: for us is to help you all build wealth. And

1819
01:37:26,840 --> 01:37:29,400
Speaker 3: it's not because we've read it in a book. It's

1820
01:37:29,400 --> 01:37:34,120
Speaker 3: because we're literally telling y'all will work for us. I'm

1821
01:37:34,120 --> 01:37:37,960
Speaker 3: being real with y'all, Like the stock market changed my life,

1822
01:37:39,920 --> 01:37:45,799
Speaker 3: the podcasting game and investing change Eyl's life, real estate change,

1823
01:37:45,840 --> 01:37:50,040
Speaker 3: Matt the mortgage guy's life. Right. So the information that

1824
01:37:50,080 --> 01:37:56,800
Speaker 3: you're getting from people is of two things, learned and

1825
01:37:56,960 --> 01:38:02,599
Speaker 3: experience knowledge. Is learned knowledge, and then there's experience knowledge.

1826
01:38:03,640 --> 01:38:08,720
Speaker 3: The two together is your most dangerous weapon. Because some

1827
01:38:08,800 --> 01:38:10,880
Speaker 3: things can't be taught, You gotta be They got to

1828
01:38:10,880 --> 01:38:14,240
Speaker 3: be experienced, right. I didn't know how I was going

1829
01:38:14,280 --> 01:38:15,640
Speaker 3: to react. Un So I was down one hundred and

1830
01:38:15,680 --> 01:38:18,559
Speaker 3: fifty thousand dollars, and then I learned how to react.

1831
01:38:18,600 --> 01:38:20,840
Speaker 3: Being down one hundred and fifty thousand dollars down, I

1832
01:38:20,920 --> 01:38:22,840
Speaker 3: called Troy, like, Yo, what were doing? Huh what?

1833
01:38:22,880 --> 01:38:23,240
Speaker 4: I said?

1834
01:38:23,920 --> 01:38:26,519
Speaker 2: Man, I'm right with I'm right with you. A lot

1835
01:38:26,560 --> 01:38:28,080
Speaker 2: of a lot of this stuff, A lot of this

1836
01:38:28,160 --> 01:38:31,920
Speaker 2: stuff you don't like. You say you don't appreciate until

1837
01:38:31,920 --> 01:38:33,720
Speaker 2: you actually are in that position to be down one

1838
01:38:33,800 --> 01:38:37,120
Speaker 2: hundred and fifty thousand one day. When talks about having

1839
01:38:37,160 --> 01:38:44,160
Speaker 2: sixty months of reserves, it sounds crazy. I'm liquid over

1840
01:38:44,240 --> 01:38:47,200
Speaker 2: sixty months and I don't I don't feel safe.

1841
01:38:49,640 --> 01:38:52,559
Speaker 3: But look what then Mark Cuban said, if you.

1842
01:38:52,560 --> 01:38:56,440
Speaker 8: Got a million, you're walking on the exshells.

1843
01:38:56,800 --> 01:39:00,439
Speaker 3: Yeah, you walk crazy, crazy that we say that talking

1844
01:39:00,439 --> 01:39:03,640
Speaker 3: to a billion dollar man. And you're listening to somebody

1845
01:39:03,800 --> 01:39:09,640
Speaker 3: say if you got a million, you on eggshells. You

1846
01:39:09,680 --> 01:39:13,800
Speaker 3: feel me like And that's the mindset that tells you

1847
01:39:13,880 --> 01:39:18,640
Speaker 3: that the world is shifting to a different place. This

1848
01:39:18,840 --> 01:39:24,160
Speaker 3: is showing us that one streaming income is now death

1849
01:39:26,840 --> 01:39:32,040
Speaker 3: real talk like you're you're literally bloody meat in the jungle,

1850
01:39:32,920 --> 01:39:36,439
Speaker 3: right and the only thing that can save you is

1851
01:39:36,479 --> 01:39:41,920
Speaker 3: financial literacy. Yeah, with a company twenty six trillion dollars

1852
01:39:42,000 --> 01:39:45,439
Speaker 3: in debt, Yo, it's a wonder why the man says,

1853
01:39:46,400 --> 01:39:51,960
Speaker 3: with one million dollars, you're walking on eggshell. So we

1854
01:39:52,040 --> 01:39:54,519
Speaker 3: need y'all to take this information. We need y'all to

1855
01:39:54,560 --> 01:39:57,639
Speaker 3: take this knowledge. It's the reason why EYL doing what

1856
01:39:57,680 --> 01:40:00,600
Speaker 3: they're doing. It's not for popularity, I can promise you, you know,

1857
01:40:00,680 --> 01:40:03,559
Speaker 3: like I'm gonna be one, I'm I'm from the streets

1858
01:40:03,560 --> 01:40:06,040
Speaker 3: for real. I had to learn how to get on camera. Yo,

1859
01:40:06,120 --> 01:40:10,519
Speaker 3: I hate doing it. I hate doing it. I had

1860
01:40:10,560 --> 01:40:12,640
Speaker 3: to learn how to do it. So popularity is not

1861
01:40:12,680 --> 01:40:16,120
Speaker 3: the thing, know, theariety is not the thing. What makes

1862
01:40:16,160 --> 01:40:18,360
Speaker 3: us feel better is saying, yo, we can take the

1863
01:40:18,439 --> 01:40:22,640
Speaker 3: information and knowledge and feed our people. Y'all. That's dangerous

1864
01:40:22,960 --> 01:40:25,960
Speaker 3: because nobody else ain't gonna teach us but us. Literally,

1865
01:40:26,040 --> 01:40:28,719
Speaker 3: man told me this today. He said to me, bruh,

1866
01:40:28,960 --> 01:40:32,320
Speaker 3: when you're teaching, Wall Street does not want people to

1867
01:40:32,400 --> 01:40:32,880
Speaker 3: know that.

1868
01:40:35,080 --> 01:40:35,240
Speaker 4: Yeah.

1869
01:40:35,360 --> 01:40:37,120
Speaker 3: Right, So when my brother called me and said, trap

1870
01:40:37,200 --> 01:40:39,240
Speaker 3: cause you do it intro the stocks for us. Bro

1871
01:40:39,320 --> 01:40:41,680
Speaker 3: up Man, I said, that's a no brainer. We can

1872
01:40:41,760 --> 01:40:44,320
Speaker 3: do that. It's cool, broh. So I want you all

1873
01:40:44,320 --> 01:40:46,960
Speaker 3: to take that information and don't just take it, You'll

1874
01:40:47,080 --> 01:40:50,439
Speaker 3: apply it. Use it when him five hundred come teach

1875
01:40:50,479 --> 01:40:54,280
Speaker 3: you'll about credit. Use it. When Derrick Gracie teach y'all

1876
01:40:54,280 --> 01:40:57,080
Speaker 3: about you know, gold and whatever. Use it. When I

1877
01:40:57,160 --> 01:40:59,280
Speaker 3: come teach you all about stocks, use it. When where

1878
01:40:59,280 --> 01:41:03,439
Speaker 3: Sha has a fightinancial planning class, use that. You know why,

1879
01:41:04,120 --> 01:41:07,960
Speaker 3: who knows how to financial plan? I shows the hell don't?

1880
01:41:08,280 --> 01:41:09,920
Speaker 3: I had to ask him, bro I need you to

1881
01:41:09,960 --> 01:41:11,720
Speaker 3: show me how to. I don't even I know. I

1882
01:41:11,720 --> 01:41:15,280
Speaker 3: don't know that part right when Troy breaking out an assessment,

1883
01:41:15,360 --> 01:41:19,719
Speaker 3: I need that Troy, you're a teacher, like the knowledge

1884
01:41:19,760 --> 01:41:22,280
Speaker 3: is here for us to use. Use it.

1885
01:41:24,439 --> 01:41:28,960
Speaker 4: That is, I'm not sure. I just wanted to do also,

1886
01:41:29,000 --> 01:41:29,280
Speaker 4: I wanted.

1887
01:41:29,320 --> 01:41:29,639
Speaker 3: I wanted.

1888
01:41:29,640 --> 01:41:32,080
Speaker 2: One thing I haven't spoke about is that we actually

1889
01:41:32,160 --> 01:41:34,400
Speaker 2: have a collaboration that we did with Trapp. It's the

1890
01:41:34,439 --> 01:41:37,800
Speaker 2: only collaboration that we've ever done in early Legion history. Yeah,

1891
01:41:37,840 --> 01:41:38,920
Speaker 2: the family pack and.

1892
01:41:38,840 --> 01:41:43,360
Speaker 4: It's a produced start that's a five star.

1893
01:41:44,280 --> 01:41:46,400
Speaker 3: That's the most dangerous body of work, y'all.

1894
01:41:46,760 --> 01:41:49,519
Speaker 2: That is a fact. We collaborated Wall Street, Trapper, Legion

1895
01:41:49,520 --> 01:41:52,960
Speaker 2: collaborated this. We did this last year and it's been

1896
01:41:53,040 --> 01:41:56,280
Speaker 2: rave reviews for anybody that has it. Where we actually

1897
01:41:56,360 --> 01:41:59,759
Speaker 2: I did fifty percent trapped there, fifty percent I walked.

1898
01:42:00,040 --> 01:42:02,599
Speaker 2: It's like a literally walkthrough of like how to look

1899
01:42:02,640 --> 01:42:04,880
Speaker 2: at a life insurance illustration, how to properly set up

1900
01:42:04,880 --> 01:42:08,400
Speaker 2: a life insurance policy, how to actually over funded life

1901
01:42:08,400 --> 01:42:13,479
Speaker 2: insurance policy, college savings, custodio accounts. Trapp talked about goal,

1902
01:42:13,720 --> 01:42:16,320
Speaker 2: he talked about we talked about ETF like actually had

1903
01:42:16,479 --> 01:42:19,880
Speaker 2: like the websites that we use personally, like Interactive. It's

1904
01:42:19,880 --> 01:42:27,080
Speaker 2: like a screen share situation all top performing stocks, precious metals.

1905
01:42:27,520 --> 01:42:30,599
Speaker 2: It's so much stuff like it's that's now, it's a college.

1906
01:42:30,640 --> 01:42:33,680
Speaker 2: It's a college class. I forgot to mention that. But

1907
01:42:34,080 --> 01:42:36,559
Speaker 2: we also collaborated on that. So if you're interested in that,

1908
01:42:36,560 --> 01:42:39,200
Speaker 2: I'm gonna put the link for that. I'm gonna pin

1909
01:42:39,240 --> 01:42:42,720
Speaker 2: that in YouTube, and we have fun and we have

1910
01:42:42,840 --> 01:42:46,240
Speaker 2: fun doing it. Tell him so, first of all, shot

1911
01:42:46,320 --> 01:42:48,040
Speaker 2: him started me. I had to go in that basement.

1912
01:42:48,120 --> 01:42:50,760
Speaker 2: Troy house to seventy two albums couldn't eat. So I

1913
01:42:50,840 --> 01:42:52,760
Speaker 2: just want to make that be known.

1914
01:42:53,600 --> 01:42:57,519
Speaker 3: Right the last day we feted, maybe the last day.

1915
01:42:58,240 --> 01:43:03,320
Speaker 3: Maybe the last day said maybe three days, couldn't leave, right,

1916
01:43:06,600 --> 01:43:10,040
Speaker 3: pick up Troy kids, everything. But we did do another

1917
01:43:10,080 --> 01:43:12,200
Speaker 3: thing too as we broke down, I actually show you

1918
01:43:12,240 --> 01:43:16,160
Speaker 3: all how JP Morgan and the Rockefellers set up their

1919
01:43:16,240 --> 01:43:17,040
Speaker 3: family trust.

1920
01:43:17,800 --> 01:43:20,719
Speaker 4: Their family trust. We talked about a powerful one too.

1921
01:43:20,800 --> 01:43:25,040
Speaker 3: And we walked through that whole thing. I talked about

1922
01:43:25,040 --> 01:43:27,519
Speaker 3: a couple of trusts with Shah talks about some trust

1923
01:43:28,040 --> 01:43:31,080
Speaker 3: like yo, like that's a dangerous body of work that

1924
01:43:31,160 --> 01:43:35,599
Speaker 3: we put together. Troy has some assessments on that's crazy.

1925
01:43:36,080 --> 01:43:40,560
Speaker 3: I think it's literally forty two misubles, y'all, forty.

1926
01:43:40,200 --> 01:43:42,040
Speaker 4: Two minds busy. Now we got busy.

1927
01:43:42,600 --> 01:43:45,040
Speaker 3: We got busy. I felt like it was an album move.

1928
01:43:46,120 --> 01:43:47,240
Speaker 4: We were growing them up with.

1929
01:43:47,680 --> 01:43:49,599
Speaker 8: I mean, I just recalled like we were just drawing

1930
01:43:49,680 --> 01:43:51,599
Speaker 8: up the tracks, like how we're going to place the tracks?

1931
01:43:52,160 --> 01:43:55,120
Speaker 8: Said again, I'm watching the book. But it was crazy.

1932
01:43:55,160 --> 01:43:57,360
Speaker 8: I felt like I felt like Swiss a little bit.

1933
01:43:58,920 --> 01:44:01,760
Speaker 2: It's a classic album pended if you're interested in checking

1934
01:44:01,800 --> 01:44:05,920
Speaker 2: it out. Is trapping with eyl dot com. That is

1935
01:44:05,960 --> 01:44:09,760
Speaker 2: an extremely extremely impressive body of work and it was

1936
01:44:09,760 --> 01:44:13,920
Speaker 2: dope to work with you on that. So so let's

1937
01:44:14,000 --> 01:44:15,599
Speaker 2: let's get one more question if we can.

1938
01:44:15,680 --> 01:44:17,240
Speaker 3: Let's go to Graylynd Grayland, were coming to you. I

1939
01:44:17,360 --> 01:44:18,920
Speaker 3: mute yourself. You've been immuted. What's going on?

1940
01:44:20,040 --> 01:44:22,680
Speaker 4: Yo? I'm so glad you guys are immune to me.

1941
01:44:22,720 --> 01:44:22,920
Speaker 3: Man.

1942
01:44:23,160 --> 01:44:27,639
Speaker 14: I first off want to say, uh ey l, thank

1943
01:44:27,680 --> 01:44:28,280
Speaker 14: you so much.

1944
01:44:28,360 --> 01:44:28,559
Speaker 10: Man.

1945
01:44:29,920 --> 01:44:32,200
Speaker 14: You know, just just seeing you guys, I'm twenty four

1946
01:44:32,280 --> 01:44:35,400
Speaker 14: right now, well actually just turned twenty five, and seeing

1947
01:44:35,439 --> 01:44:39,759
Speaker 14: you know what you guys do for the community command

1948
01:44:39,800 --> 01:44:43,479
Speaker 14: you one hundred percent, so I wanted to go back

1949
01:44:43,479 --> 01:44:46,599
Speaker 14: to something that and also Wall Street Chopper, I appreciate

1950
01:44:46,640 --> 01:44:49,840
Speaker 14: you too as well, because I'm just starting to learn

1951
01:44:49,880 --> 01:44:52,920
Speaker 14: about stocks. I'm in real estate right now in Charlotte

1952
01:44:53,439 --> 01:44:56,320
Speaker 14: and also getting into crypto and kind of redoing my

1953
01:44:56,439 --> 01:44:57,360
Speaker 14: finances right now.

1954
01:44:57,400 --> 01:44:59,920
Speaker 3: I got rid of my car note and bought a

1955
01:45:00,080 --> 01:45:01,479
Speaker 3: car outright to get.

1956
01:45:01,280 --> 01:45:04,360
Speaker 14: Some more money back into my you know, my savings

1957
01:45:04,360 --> 01:45:07,160
Speaker 14: with what I save every month, So I'm kind of diversifying.

1958
01:45:07,680 --> 01:45:09,879
Speaker 14: So I'm starting to, like I said, invest in crypto

1959
01:45:10,080 --> 01:45:14,880
Speaker 14: real estate and then from a stock aspect, you know,

1960
01:45:15,240 --> 01:45:19,040
Speaker 14: starting out, what do you think you know a percentage

1961
01:45:19,040 --> 01:45:21,920
Speaker 14: should be for you know myself, you know, just starting

1962
01:45:21,920 --> 01:45:23,960
Speaker 14: out from investing, because I know Rashad you say out

1963
01:45:24,000 --> 01:45:27,040
Speaker 14: the time, Uh, you know your portfolio is about ten

1964
01:45:27,080 --> 01:45:30,200
Speaker 14: percent of crypto. So I was just trying to see,

1965
01:45:30,240 --> 01:45:32,679
Speaker 14: you know, from a stock aspect, what do you think

1966
01:45:32,840 --> 01:45:36,000
Speaker 14: you know, Wall Street trapper, you know what that should be?

1967
01:45:38,920 --> 01:45:41,320
Speaker 3: So how much of your portfolio should be in crypto?

1968
01:45:41,439 --> 01:45:45,040
Speaker 3: I was sorry with texting my mind, Oh no in stock.

1969
01:45:45,120 --> 01:45:47,519
Speaker 14: So right now I'm doing about ten percent in crypto

1970
01:45:48,360 --> 01:45:51,439
Speaker 14: and then you know I'm saving uh you know a

1971
01:45:51,479 --> 01:45:53,800
Speaker 14: good amount too. And then I just brought a whole

1972
01:45:53,840 --> 01:45:57,960
Speaker 14: life insurance policy too. So so it it depends on

1973
01:45:58,040 --> 01:46:03,000
Speaker 14: to invest themselves. I'm not a financial advisor. Everything that

1974
01:46:03,000 --> 01:46:05,800
Speaker 14: I say it for entertainment, education, purpose.

1975
01:46:05,520 --> 01:46:12,880
Speaker 3: On right, understand Chris, that's involved, right, I know the

1976
01:46:12,960 --> 01:46:16,840
Speaker 3: financial advisor shat he can take the glory. I can

1977
01:46:16,920 --> 01:46:19,240
Speaker 3: only take you to the trap house. You feel all right?

1978
01:46:19,360 --> 01:46:21,840
Speaker 3: So what I do think is one thing you have

1979
01:46:21,880 --> 01:46:25,800
Speaker 3: to do is identify your goals, right, that's important. Identify

1980
01:46:26,080 --> 01:46:29,000
Speaker 3: what are your goals? What do you want? Each asset

1981
01:46:29,040 --> 01:46:33,360
Speaker 3: class to do for you. That's important because every asset

1982
01:46:33,479 --> 01:46:37,680
Speaker 3: class performs different depending on the economy, depending on the

1983
01:46:37,720 --> 01:46:40,720
Speaker 3: market cycles. Everything performed different. So the one thing you

1984
01:46:40,720 --> 01:46:42,760
Speaker 3: got to do is say what are my goals? Like?

1985
01:46:42,800 --> 01:46:44,439
Speaker 3: What am I trying to do? There is no cookie

1986
01:46:44,479 --> 01:46:49,559
Speaker 3: cutter approach my portfolio for Shan's portfolio, Troy's portfolio. You

1987
01:46:49,640 --> 01:46:53,560
Speaker 3: heard it. We're all different, right. Shot is more defensive,

1988
01:46:53,640 --> 01:46:57,080
Speaker 3: Troy is more aggressive. So in every investment they make,

1989
01:46:57,200 --> 01:47:00,880
Speaker 3: they're going to take different approaches. So I think one

1990
01:47:00,880 --> 01:47:03,320
Speaker 3: of the things you have to figure out is which

1991
01:47:03,360 --> 01:47:05,160
Speaker 3: as the class you want to work most for you.

1992
01:47:05,320 --> 01:47:07,280
Speaker 3: The reason why I would tell you stocks is because

1993
01:47:07,280 --> 01:47:09,479
Speaker 3: I'm the stock guy. That's what I love to do.

1994
01:47:09,720 --> 01:47:11,680
Speaker 3: And when I looked at the most wealthiest people in

1995
01:47:11,720 --> 01:47:15,000
Speaker 3: the world, I saw that sixty percent of them, I mean,

1996
01:47:15,040 --> 01:47:17,679
Speaker 3: I'm sorry that much, eighty percent of them had sixty

1997
01:47:17,720 --> 01:47:21,519
Speaker 3: percent of their wealth in stocks. So for me, I

1998
01:47:21,600 --> 01:47:23,800
Speaker 3: just followed the blueprint that I already saw. When I

1999
01:47:23,800 --> 01:47:25,519
Speaker 3: saw that majority of the oroath to people had their

2000
01:47:25,520 --> 01:47:28,360
Speaker 3: money in stocks, I went stocks. And when I realized

2001
01:47:28,400 --> 01:47:30,720
Speaker 3: the dude who told me that wealthy people the first

2002
01:47:30,760 --> 01:47:32,639
Speaker 3: thing they do is do stocks, they own the business.

2003
01:47:32,640 --> 01:47:35,600
Speaker 3: Then they get into real estate. I started stocks, I

2004
01:47:35,640 --> 01:47:39,479
Speaker 3: got into stocks, I started my business. Now I'm on

2005
01:47:39,560 --> 01:47:41,720
Speaker 3: pace of trying to get one hundred dollars with my brothers.

2006
01:47:42,040 --> 01:47:44,120
Speaker 3: You know what I'm saying. So to goal for me

2007
01:47:44,320 --> 01:47:48,639
Speaker 3: was stocks first. So my portfolio right now is ninety

2008
01:47:48,640 --> 01:47:53,360
Speaker 3: percent stocks, ten percent cryptoild. Until I get real estate,

2009
01:47:53,680 --> 01:47:57,160
Speaker 3: my portfolio will shift. But for me, I want stocks

2010
01:47:57,160 --> 01:48:00,840
Speaker 3: to do the heavy lifting. You know, So what do

2011
01:48:00,880 --> 01:48:03,000
Speaker 3: you want to do the heavy lifting? You know what

2012
01:48:03,080 --> 01:48:06,320
Speaker 3: I'm saying. And so for me, when I looked at turns,

2013
01:48:07,080 --> 01:48:09,439
Speaker 3: and again, I am not against real estate. Let me

2014
01:48:09,479 --> 01:48:12,800
Speaker 3: say that first and foremost, when it came to returns,

2015
01:48:12,960 --> 01:48:15,559
Speaker 3: stocks were better. When it came to being able to

2016
01:48:15,640 --> 01:48:20,680
Speaker 3: leverage more, and real estate became better, leveraging more and

2017
01:48:20,960 --> 01:48:25,160
Speaker 3: tax benefits, real estate was better. So for me, I

2018
01:48:25,200 --> 01:48:27,479
Speaker 3: wanted stocks to do the heavy lifting right now, and

2019
01:48:27,520 --> 01:48:31,759
Speaker 3: then I'll personally use real estate as a leverage tool

2020
01:48:32,120 --> 01:48:35,320
Speaker 3: and as a tax tool. So I understood how I

2021
01:48:35,360 --> 01:48:37,439
Speaker 3: want my portfolio to work for me. So that's the

2022
01:48:37,439 --> 01:48:40,240
Speaker 3: way I work it. So and I hope that health.

2023
01:48:40,680 --> 01:48:42,519
Speaker 14: Yeah, and so when you say you do the heavy lifting,

2024
01:48:42,600 --> 01:48:45,320
Speaker 14: so right now, I'm looking at stockings more so like

2025
01:48:45,320 --> 01:48:46,960
Speaker 14: in just another vehicle.

2026
01:48:47,880 --> 01:48:51,640
Speaker 3: Or a long term hold essentially.

2027
01:48:51,760 --> 01:48:53,600
Speaker 14: And so that's what you mean by you saying that

2028
01:48:53,680 --> 01:48:55,960
Speaker 14: heavy lifting, Like that's doing most of your heavy lifting

2029
01:48:56,200 --> 01:48:58,400
Speaker 14: from a long term hold aspect.

2030
01:49:00,520 --> 01:49:03,280
Speaker 3: No, so what I want to do lift, So it's everything.

2031
01:49:03,360 --> 01:49:05,760
Speaker 3: So when I say heavy lifting, I mean whether I'm

2032
01:49:05,800 --> 01:49:09,280
Speaker 3: doing options, whether I'm doing mid or long term investing.

2033
01:49:09,760 --> 01:49:13,560
Speaker 3: Stocks is my vehicle of choice. Okay, you know what

2034
01:49:13,600 --> 01:49:15,360
Speaker 3: I'm saying. So when I say heavy lifting, So if

2035
01:49:15,360 --> 01:49:18,519
Speaker 3: I'm doing long term investing, it stocks. When I'm doing

2036
01:49:18,680 --> 01:49:21,800
Speaker 3: options mid to you know, six months to a year,

2037
01:49:22,240 --> 01:49:26,639
Speaker 3: it stocks. When I'm you know, passive income later on

2038
01:49:27,000 --> 01:49:31,000
Speaker 3: for dividends, Like my goal is to generate a million

2039
01:49:31,000 --> 01:49:34,720
Speaker 3: dollars a year by time I'm fifty from dividends, right, Like,

2040
01:49:35,000 --> 01:49:37,320
Speaker 3: so I set up a whole dividend portfolio that much

2041
01:49:37,360 --> 01:49:42,000
Speaker 3: just be pumping money into forever. Right. And so when

2042
01:49:42,040 --> 01:49:44,680
Speaker 3: I say that I want the heavy lifting stocks is

2043
01:49:44,720 --> 01:49:48,160
Speaker 3: doing my heavy lifting. Also because I don't understand real

2044
01:49:48,240 --> 01:49:51,880
Speaker 3: estate as much just yet you feel what I'm saying, Like,

2045
01:49:52,040 --> 01:49:54,040
Speaker 3: that's why I got a mat, That's why I learned

2046
01:49:54,040 --> 01:49:57,760
Speaker 3: from real estate people. But even stocks is my goal

2047
01:49:57,840 --> 01:50:00,240
Speaker 3: to So that's going to do majority of the heavy

2048
01:50:00,280 --> 01:50:02,760
Speaker 3: lifting for me. Real estate will be next, and then

2049
01:50:02,800 --> 01:50:04,760
Speaker 3: crypto is a part of it as well. But so

2050
01:50:04,880 --> 01:50:07,840
Speaker 3: that's how my that's how my portfolio is going to

2051
01:50:07,880 --> 01:50:10,280
Speaker 3: be set up. Stocks is going to do majority of

2052
01:50:10,360 --> 01:50:13,120
Speaker 3: the word for me. No matter what level I'm on again,

2053
01:50:13,200 --> 01:50:17,160
Speaker 3: whether it's options, whether it's buying hole, whether it's dividends,

2054
01:50:18,000 --> 01:50:20,599
Speaker 3: Stock's gonna do the heavy heavy lifting because the returns

2055
01:50:20,600 --> 01:50:23,600
Speaker 3: for me were better, Like I can get those returns

2056
01:50:23,640 --> 01:50:26,559
Speaker 3: in crypto and the stocks and then options for me

2057
01:50:26,800 --> 01:50:29,479
Speaker 3: better than that real estate. But with real estate, I'm

2058
01:50:29,479 --> 01:50:31,280
Speaker 3: gonna be able to take equity out of this home,

2059
01:50:31,439 --> 01:50:34,200
Speaker 3: go get another piece of property, the defer that tax.

2060
01:50:34,560 --> 01:50:37,599
Speaker 3: You know what I'm saying. So now, how to use

2061
01:50:37,600 --> 01:50:40,120
Speaker 3: your portfolio or how you again, what do you want

2062
01:50:40,120 --> 01:50:42,400
Speaker 3: the heavy lifting to do? And what are your goals?

2063
01:50:42,680 --> 01:50:45,960
Speaker 3: That's how you build your portfolio the wealth. Okay, yeah,

2064
01:50:46,200 --> 01:50:50,840
Speaker 3: and that definitely makes it. That was a class Just yeah,

2065
01:50:51,360 --> 01:50:52,960
Speaker 3: appreciate appreciate it.

2066
01:50:54,200 --> 01:50:57,880
Speaker 4: Okay, No, we haven't said downlines in a while.

2067
01:50:58,200 --> 01:50:59,519
Speaker 3: No, well we're not going to do that to your

2068
01:50:59,520 --> 01:51:00,960
Speaker 3: grand but appreciate you bro.

2069
01:51:01,240 --> 01:51:05,000
Speaker 2: For sure, appreciate you, but yeah, ten ten percent is

2070
01:51:05,000 --> 01:51:07,880
Speaker 2: actually what I have in crypto too in my portfolio.

2071
01:51:07,960 --> 01:51:11,720
Speaker 2: But trap on, thank you, mayn I really appreciate it.

2072
01:51:11,720 --> 01:51:13,840
Speaker 2: Before we leave, just to let people know. So what

2073
01:51:13,840 --> 01:51:15,639
Speaker 2: we're gonna do with the scholarships, because I was thinking

2074
01:51:15,640 --> 01:51:18,400
Speaker 2: about it, and you know, we've done scholarships before, but

2075
01:51:18,800 --> 01:51:21,719
Speaker 2: I met three people this weekend that were college students.

2076
01:51:21,760 --> 01:51:24,360
Speaker 2: That was an Eyo university, and we got to look

2077
01:51:24,400 --> 01:51:28,120
Speaker 2: out for everybody, but I feel like, you know, we

2078
01:51:28,240 --> 01:51:30,320
Speaker 2: got to make sure that we look out for young people.

2079
01:51:30,360 --> 01:51:31,720
Speaker 2: So what I want to do is I want to

2080
01:51:31,760 --> 01:51:35,040
Speaker 2: give ten ten scholarships away to anybody, to.

2081
01:51:35,360 --> 01:51:37,519
Speaker 4: People at HBCUs. But we're gonna do this organized.

2082
01:51:37,520 --> 01:51:40,360
Speaker 2: It's not just going to be your email, So don't

2083
01:51:40,360 --> 01:51:41,639
Speaker 2: even waste your time because.

2084
01:51:43,240 --> 01:51:45,360
Speaker 4: The chat, that's what we're not going to do.

2085
01:51:45,880 --> 01:51:47,679
Speaker 2: What we are going to do is we're gonna connect

2086
01:51:47,680 --> 01:51:52,000
Speaker 2: with somebody at an HBCU. So if you work at

2087
01:51:52,000 --> 01:51:55,920
Speaker 2: an HBCU, email email, infod earned a leisure, if you

2088
01:51:56,080 --> 01:51:58,640
Speaker 2: like work, if you're like a professor or an administrator,

2089
01:51:58,680 --> 01:52:01,720
Speaker 2: if you can actually get us in touch. If not,

2090
01:52:01,840 --> 01:52:03,720
Speaker 2: we can do the lake work ourselves. But you know

2091
01:52:03,760 --> 01:52:06,160
Speaker 2: what we can do if they are in the ages

2092
01:52:06,200 --> 01:52:06,600
Speaker 2: bc U.

2093
01:52:07,880 --> 01:52:10,800
Speaker 8: Uh, they have the email from their school and so

2094
01:52:10,920 --> 01:52:12,479
Speaker 8: that email will be there.

2095
01:52:12,400 --> 01:52:13,240
Speaker 4: No, no, no, at the school.

2096
01:52:13,280 --> 01:52:15,120
Speaker 2: Now we'll just we'll just do it with one so

2097
01:52:15,360 --> 01:52:18,240
Speaker 2: it's easier, like Howard University, like you know what I'm saying, Like,

2098
01:52:18,280 --> 01:52:20,720
Speaker 2: we'll just pig ten students and how you know school. Yeah,

2099
01:52:20,720 --> 01:52:23,120
Speaker 2: it should it shouldn't be that hard because colleges hit

2100
01:52:23,200 --> 01:52:25,439
Speaker 2: us up all the time to speak and stuff like that.

2101
01:52:25,520 --> 01:52:28,479
Speaker 2: So we can just you pick one school and we

2102
01:52:28,520 --> 01:52:31,880
Speaker 2: can pick ten students at that school and we'll give

2103
01:52:32,000 --> 01:52:37,040
Speaker 2: we'll give them scholarships. Ten scholarships to college students at

2104
01:52:37,120 --> 01:52:42,120
Speaker 2: each BCU school and we'll do it like that for

2105
01:52:42,240 --> 01:52:43,960
Speaker 2: the So once again, thank you for that, and that

2106
01:52:44,080 --> 01:52:47,599
Speaker 2: is courtesy of mister Trap. Actually will match it. We'll

2107
01:52:47,640 --> 01:52:50,160
Speaker 2: match it. Trap Trap will do ten, We'll do ten,

2108
01:52:50,280 --> 01:52:54,240
Speaker 2: So we'll do twenty. We'll do twenty scholarships for HBC

2109
01:52:55,840 --> 01:52:58,040
Speaker 2: school students. But like I said, it's going to be organized,

2110
01:52:58,080 --> 01:53:01,679
Speaker 2: it's not going to be I to Howard, how old

2111
01:53:01,680 --> 01:53:06,080
Speaker 2: are you? Forty seven? No disrespect anybody that goes to hell,

2112
01:53:06,120 --> 01:53:09,000
Speaker 2: it's forty seven. Now we're not playing that game. But

2113
01:53:09,120 --> 01:53:10,559
Speaker 2: once again, thank you for your time.

2114
01:53:10,640 --> 01:53:10,920
Speaker 4: Brother.

2115
01:53:11,000 --> 01:53:13,880
Speaker 2: If anybody watched this, if you are interested in joining

2116
01:53:13,880 --> 01:53:16,559
Speaker 2: ewy and University once again, we do this every single week.

2117
01:53:16,960 --> 01:53:20,720
Speaker 2: We have over one hundred archived classes like this where

2118
01:53:20,760 --> 01:53:23,720
Speaker 2: you get to interact with the professor and we cover

2119
01:53:23,840 --> 01:53:30,200
Speaker 2: everything from real estate to credit, to legal issues to

2120
01:53:31,080 --> 01:53:34,040
Speaker 2: anything you need to think of we cover. But the

2121
01:53:34,120 --> 01:53:37,880
Speaker 2: difference between the podcast, YouTube and EYL University is that

2122
01:53:37,920 --> 01:53:41,880
Speaker 2: it's a community. Once again. We have infinity groups where

2123
01:53:41,920 --> 01:53:44,719
Speaker 2: people learn from each other. We have a crypto club,

2124
01:53:44,760 --> 01:53:46,880
Speaker 2: we have a real estate club, we have a stock club.

2125
01:53:47,760 --> 01:53:51,479
Speaker 2: Home Buyers Blueprint is included MG the mortgage guys. Home

2126
01:53:51,520 --> 01:53:56,360
Speaker 2: Buyers Blueprint our Facebook group private six thousand members. We

2127
01:53:56,400 --> 01:53:59,240
Speaker 2: have private events. We just had our first private event

2128
01:54:00,520 --> 01:54:04,280
Speaker 2: yesterday in La. Over one hundred and fifty earnings came out.

2129
01:54:04,760 --> 01:54:07,559
Speaker 2: We had my boy nineteen Keys was dead, Mike rashid

2130
01:54:07,600 --> 01:54:10,560
Speaker 2: Alis good energy him, five hundred, Miss Business, Shiggy a

2131
01:54:10,680 --> 01:54:15,479
Speaker 2: Tear Blair Us and you got to network Atlanta. Of

2132
01:54:15,520 --> 01:54:17,439
Speaker 2: course we're gonna do something bigger in Atlanta. And you

2133
01:54:17,520 --> 01:54:19,799
Speaker 2: know all of our friends living Atlanta, so you already

2134
01:54:19,800 --> 01:54:21,200
Speaker 2: know what kind of vibe that's gonna be.

2135
01:54:21,479 --> 01:54:27,080
Speaker 4: That's just off the brip, bro, that's off the rip.

2136
01:54:27,120 --> 01:54:29,360
Speaker 2: You know all of our friends living in Atlanta, including

2137
01:54:29,439 --> 01:54:33,600
Speaker 2: mister Trapp, So you did hello, you already know how

2138
01:54:33,640 --> 01:54:35,840
Speaker 2: that goes, man, and you know on and on and

2139
01:54:35,880 --> 01:54:39,880
Speaker 2: on ey l University. If you are interested, is sixty

2140
01:54:39,920 --> 01:54:42,520
Speaker 2: five percent off right now? That will go to fifty

2141
01:54:42,560 --> 01:54:46,800
Speaker 2: percent off in two days. So yes, yeah, Tom is

2142
01:54:46,840 --> 01:54:49,800
Speaker 2: limited on that. And then trapping with El, Trapping with

2143
01:54:49,840 --> 01:54:52,360
Speaker 2: EYL is separate from that. That is Wall Street Trappers course,

2144
01:54:52,400 --> 01:54:55,720
Speaker 2: who we collaborated on with fifty to fifty on that

2145
01:54:55,840 --> 01:54:58,840
Speaker 2: as far as on the production side, but that's our

2146
01:54:58,840 --> 01:55:01,360
Speaker 2: only collaborative. That's the only not to say that we

2147
01:55:01,680 --> 01:55:03,880
Speaker 2: won't work with other people, but if we did work

2148
01:55:03,920 --> 01:55:06,200
Speaker 2: with somebody, it just made sense to work with Trap.

2149
01:55:06,280 --> 01:55:09,920
Speaker 2: Our history is like you know, it's like Kobe and

2150
01:55:10,080 --> 01:55:12,800
Speaker 2: it's like Kobe and shack Man, like you know, anytime

2151
01:55:12,800 --> 01:55:15,680
Speaker 2: we get together, it's always it's always a massive it's

2152
01:55:15,720 --> 01:55:18,040
Speaker 2: always a magical moment. So it just made perfect sense

2153
01:55:18,040 --> 01:55:20,320
Speaker 2: for us to do that. If you're interested in that,

2154
01:55:20,320 --> 01:55:26,320
Speaker 2: that is pinned on YouTube. Trapping with Eyo dot com.

2155
01:55:26,400 --> 01:55:31,000
Speaker 2: So yeah, man, I hope you guys apply this information

2156
01:55:31,240 --> 01:55:34,560
Speaker 2: most importantly. That is the most important thing. And once

2157
01:55:34,600 --> 01:55:36,680
Speaker 2: again this was done to just bring it back to

2158
01:55:36,760 --> 01:55:39,600
Speaker 2: the basics. And you know a lot of times we

2159
01:55:39,680 --> 01:55:43,480
Speaker 2: might you know, talk at a fast pace. So sometimes

2160
01:55:43,480 --> 01:55:45,640
Speaker 2: it's just good to have a refresher course. Even if

2161
01:55:45,680 --> 01:55:49,400
Speaker 2: you are investing, sometimes you need to just revisit the basics.

2162
01:55:50,040 --> 01:55:53,600
Speaker 2: And one thing about Wall Street, he does a great

2163
01:55:53,680 --> 01:55:58,440
Speaker 2: job at making things that's complicated extremely easy to understand.

2164
01:55:58,520 --> 01:56:00,960
Speaker 2: Somebody ran up on me yesterday from Sure and it

2165
01:56:01,160 --> 01:56:03,840
Speaker 2: was like they was talking. They was like going on

2166
01:56:03,880 --> 01:56:05,640
Speaker 2: and on and on about everything, and they was like

2167
01:56:06,520 --> 01:56:10,360
Speaker 2: compound interest. There was like the eighth wonder of the world.

2168
01:56:10,720 --> 01:56:13,320
Speaker 2: The man who the man who doesn't. The man who

2169
01:56:13,400 --> 01:56:16,120
Speaker 2: understands it will benefit the man that doesn't understand it

2170
01:56:16,160 --> 01:56:16,840
Speaker 2: will pay forever.

2171
01:56:17,240 --> 01:56:23,880
Speaker 4: Big trap. So you know what I'm saying.

2172
01:56:23,920 --> 01:56:26,040
Speaker 2: So they tapped they tapped in with trap man all

2173
01:56:26,080 --> 01:56:26,839
Speaker 2: over the country.

2174
01:56:26,840 --> 01:56:31,840
Speaker 4: Man. Yeah, yeah, yeah, man, But like to tell what

2175
01:56:31,840 --> 01:56:32,960
Speaker 4: would you like to tell people?

2176
01:56:34,120 --> 01:56:36,000
Speaker 3: Man? I just want to you know, I always go

2177
01:56:36,040 --> 01:56:38,320
Speaker 3: on these rants, but I ain't going to random man.

2178
01:56:38,680 --> 01:56:40,840
Speaker 3: I just want to say, like this, this, y'all could

2179
01:56:40,840 --> 01:56:42,440
Speaker 3: have been anywhere in the world. But y'all chose to

2180
01:56:42,480 --> 01:56:45,600
Speaker 3: be here with us, Yes, sir, the best place you

2181
01:56:45,640 --> 01:56:49,120
Speaker 3: can be man between E Y L. Wall Street, Trapper,

2182
01:56:49,560 --> 01:56:51,640
Speaker 3: the other people that's putting our great information. That's what

2183
01:56:51,720 --> 01:56:54,000
Speaker 3: you need to be at your life. Financial literacyre is

2184
01:56:54,000 --> 01:56:58,160
Speaker 3: gonna say you don't get there all at once because

2185
01:56:58,160 --> 01:57:00,640
Speaker 3: we ain't get We didn't get into the positions we

2186
01:57:00,680 --> 01:57:06,840
Speaker 3: work in overnight. Be patient, be dedicated, keep learning right,

2187
01:57:07,040 --> 01:57:08,680
Speaker 3: that's what's going to take us out of here. Yo.

2188
01:57:09,360 --> 01:57:12,400
Speaker 3: Like turn your last name to an asset. That's a

2189
01:57:12,440 --> 01:57:15,800
Speaker 3: real statement that I live by. And what that simply

2190
01:57:15,880 --> 01:57:19,560
Speaker 3: means is how many rich and wealthy families You don't

2191
01:57:19,600 --> 01:57:21,480
Speaker 3: know how they got their money, but you just know

2192
01:57:21,560 --> 01:57:25,880
Speaker 3: they wealthy. Their name is associated with money that didn't

2193
01:57:25,920 --> 01:57:30,560
Speaker 3: happen for one person. That happened from one person getting

2194
01:57:30,560 --> 01:57:33,640
Speaker 3: the knowledge that happened for one person getting the game

2195
01:57:34,200 --> 01:57:36,680
Speaker 3: that happened from one person saying, Yo, I ain't my

2196
01:57:36,760 --> 01:57:39,240
Speaker 3: family ain't about to be poor no more. And then

2197
01:57:39,320 --> 01:57:41,760
Speaker 3: once they got it, they implemented and they wrote it down.

2198
01:57:41,800 --> 01:57:44,080
Speaker 3: One of the things I call them is family SOPs

2199
01:57:44,120 --> 01:57:46,960
Speaker 3: that we now have to do everything that we do

2200
01:57:47,000 --> 01:57:48,960
Speaker 3: when it comes to investing, we have to write that

2201
01:57:49,080 --> 01:57:52,560
Speaker 3: down because we can't just keep it here because it's

2202
01:57:52,560 --> 01:57:55,680
Speaker 3: something happened to us today. Tomorrow we die with the information.

2203
01:57:57,600 --> 01:58:00,000
Speaker 3: We write it down, We make a blueprint of it.

2204
01:58:00,000 --> 01:58:05,000
Speaker 3: How much you know right quick? I probably have about

2205
01:58:05,040 --> 01:58:10,440
Speaker 3: sixty overs, y'all. I never stopped reading. I never stopped writing.

2206
01:58:10,480 --> 01:58:13,800
Speaker 3: Everything I do, I write it down, y'all. Like, write

2207
01:58:13,840 --> 01:58:16,200
Speaker 3: it down. Put it down so your family can read it.

2208
01:58:16,240 --> 01:58:18,360
Speaker 3: So your adult my daughter can read it. Give them

2209
01:58:18,360 --> 01:58:22,520
Speaker 3: the knowledge. Write it down, y'all, family SOPs. Get the

2210
01:58:22,640 --> 01:58:25,000
Speaker 3: knowledge so you can you can get it. Give it

2211
01:58:25,040 --> 01:58:27,160
Speaker 3: to your kids, your kids, and give it to your kids.

2212
01:58:27,360 --> 01:58:29,520
Speaker 3: Give it to your cousins, give it to your aties.

2213
01:58:30,200 --> 01:58:31,960
Speaker 3: I don't care if they don't want it right now,

2214
01:58:32,200 --> 01:58:35,000
Speaker 3: you keep doing it. Don't get discouraged because they don't

2215
01:58:35,000 --> 01:58:37,760
Speaker 3: want it. One thing we do as a people is

2216
01:58:37,840 --> 01:58:41,840
Speaker 3: we learn, and once we see somebody doing it, okay, cool,

2217
01:58:41,880 --> 01:58:44,360
Speaker 3: let me train it. Don't don't. Don't punish them for

2218
01:58:44,440 --> 01:58:46,600
Speaker 3: not being on it when you first got on it.

2219
01:58:46,720 --> 01:58:48,280
Speaker 3: And you ain't learn when I first got it. I

2220
01:58:48,280 --> 01:58:50,760
Speaker 3: don't want to do it. Nah, You learning your time.

2221
01:58:51,120 --> 01:58:54,800
Speaker 3: Let them learning their time. But keep learning, keep applying

2222
01:58:54,800 --> 01:58:58,720
Speaker 3: to information, join the earners, Come be a Trapper. We're

2223
01:58:58,760 --> 01:59:02,680
Speaker 3: gonna keep feeding y'all. Just getting started. Tourist shot and

2224
01:59:02,800 --> 01:59:06,760
Speaker 3: were not finished until we have the same type of

2225
01:59:06,920 --> 01:59:08,920
Speaker 3: people our people have the same type of energy that

2226
01:59:08,960 --> 01:59:11,000
Speaker 3: they have for us that they have for a rappers, y'all.

2227
01:59:12,560 --> 01:59:15,320
Speaker 3: I told them we ain't finished until that happened. And

2228
01:59:15,440 --> 01:59:17,840
Speaker 3: we're gonna keep doing it, y'all. We're gonna keep being

2229
01:59:17,880 --> 01:59:19,920
Speaker 3: So that's all I gotta say. Man, Just keep learning,

2230
01:59:20,200 --> 01:59:23,680
Speaker 3: keep implementing the information. Don't compare your chapter one of

2231
01:59:23,760 --> 01:59:25,200
Speaker 3: somebody else chapter twenty. Man.

2232
01:59:25,640 --> 01:59:25,880
Speaker 4: Please.

2233
01:59:26,960 --> 01:59:30,280
Speaker 2: I will be teaching a financial planning class for the

2234
01:59:30,320 --> 01:59:33,400
Speaker 2: Trapper community next month. Just trying to work out the dates,

2235
01:59:33,520 --> 01:59:36,480
Speaker 2: but definitely I'm looking forward. I'm looking forward to that

2236
01:59:36,560 --> 01:59:36,920
Speaker 2: for sure.

2237
01:59:37,080 --> 01:59:37,520
Speaker 4: Yeah, man.

2238
01:59:37,600 --> 01:59:41,240
Speaker 8: And as I said before, man, we're here to just

2239
01:59:41,240 --> 01:59:44,920
Speaker 8: build community. And uh, even with Trapper is anonymous and

2240
01:59:44,960 --> 01:59:47,840
Speaker 8: ey l, We're not here to teach you what to think.

2241
01:59:47,880 --> 01:59:49,120
Speaker 4: We're here to teach you how to think.

2242
01:59:49,360 --> 01:59:53,160
Speaker 8: And so when you learn that, it doesn't stop with you,

2243
01:59:53,440 --> 01:59:55,800
Speaker 8: it goes to the community. And so I want to

2244
01:59:55,880 --> 01:59:58,720
Speaker 8: encourage everybody. I want to courage everybody. We always say that, man,

2245
01:59:58,720 --> 01:59:59,840
Speaker 8: you learn something you go to your hood and you

2246
01:59:59,840 --> 02:00:03,080
Speaker 8: give right back. And so we saw outpouring that last night,

2247
02:00:03,400 --> 02:00:05,040
Speaker 8: and so we want to continue that thing going.

2248
02:00:05,080 --> 02:00:07,400
Speaker 3: So shout that all the earners, Shout to all the trappers.

2249
02:00:07,760 --> 02:00:11,880
Speaker 8: Shot to everybody that that's learning and building and creatively

2250
02:00:12,160 --> 02:00:15,080
Speaker 8: coming together for the common cause of generational wealth.

2251
02:00:15,120 --> 02:00:17,120
Speaker 3: Man, we love y'all. You know how this works.

2252
02:00:17,120 --> 02:00:19,720
Speaker 8: Man, Reach out, call somebody, one text, one conversation could

2253
02:00:19,760 --> 02:00:21,200
Speaker 8: change the directory of somebody's life.

2254
02:00:21,440 --> 02:00:23,440
Speaker 3: And we encourage you to do that. Man, We're gonna

2255
02:00:23,440 --> 02:00:23,680
Speaker 3: do that.

2256
02:00:23,720 --> 02:00:26,880
Speaker 4: We live by that. Uh so we're gonna keep doing that. Yeah.

2257
02:00:26,920 --> 02:00:28,320
Speaker 4: So this will be saved on YouTube.

2258
02:00:28,360 --> 02:00:30,720
Speaker 2: It will be on podcast outlets on Friday at five

2259
02:00:30,720 --> 02:00:35,000
Speaker 2: o'clock Eastern Standard time. Tap in once again, Trap. Appreciate you, bro,

2260
02:00:35,200 --> 02:00:37,880
Speaker 2: big trash. Yeah, love is love.

2261
02:00:38,080 --> 02:00:38,640
Speaker 4: I know that.

2262
02:00:42,720 --> 02:00:48,760
Speaker 3: My graduates from my school being forced back drop Mike,

2263
02:00:48,840 --> 02:00:51,000
Speaker 3: drop drop drop.

2264
02:01:02,080 --> 02:01:05,960
Speaker 1: You just realized your business needed to hire someone yesterday.

2265
02:01:06,480 --> 02:01:08,840
Speaker 1: How can you find amazing candidates fast?

2266
02:01:09,400 --> 02:01:09,760
Speaker 4: Easy?

2267
02:01:10,240 --> 02:01:13,600
Speaker 1: Just use Indeed stop struggling to get your job posts

2268
02:01:13,600 --> 02:01:17,320
Speaker 1: seen on other job sites. With Indeed sponsored jobs, your

2269
02:01:17,360 --> 02:01:19,360
Speaker 1: post jumps to the top of the page for your

2270
02:01:19,360 --> 02:01:22,720
Speaker 1: relevant candidates, so you can reach the people you want faster.

2271
02:01:23,240 --> 02:01:27,000
Speaker 1: According to Indeed data, sponsored jobs posted directly on Indeed

2272
02:01:27,200 --> 02:01:31,040
Speaker 1: have forty five percent more applications than non sponsored jobs.

2273
02:01:31,320 --> 02:01:34,520
Speaker 1: Don't wait any longer. Speed up your hiring right now

2274
02:01:34,560 --> 02:01:37,200
Speaker 1: with Indeed, and listeners of this show will get a

2275
02:01:37,280 --> 02:01:40,240
Speaker 1: seventy five dollars sponsored job credit to get your jobs

2276
02:01:40,280 --> 02:01:46,120
Speaker 1: more visibility at indeed dot com slash pod Katz thirteen.

2277
02:01:46,760 --> 02:01:50,960
Speaker 1: Just go to Indeed dot com slash pod katz thirteen

2278
02:01:51,280 --> 02:01:54,040
Speaker 1: right now and support our show by saying you heard

2279
02:01:54,040 --> 02:01:57,880
Speaker 1: about Indeed on this podcast. Terms and conditions apply. Hiring

2280
02:01:58,320 --> 02:01:59,720
Speaker 1: Indeed is all you need