1 00:00:03,640 --> 00:00:07,640 Speaker 1: Wait till I give my money. Attention Attention. 2 00:00:07,920 --> 00:00:11,000 Speaker 2: Invest Fest twenty twenty four is coming back to Atlanta 3 00:00:11,039 --> 00:00:13,920 Speaker 2: and we ad earn your leisure are doing a crazy promotion. 4 00:00:14,200 --> 00:00:17,759 Speaker 2: For every item you purchase on investfestyl dot com will 5 00:00:17,800 --> 00:00:20,079 Speaker 2: submit your name in a raffle to win an all 6 00:00:20,120 --> 00:00:24,320 Speaker 2: inclusive experience to invest Fest twenty twenty four. You're automatically 7 00:00:24,440 --> 00:00:27,520 Speaker 2: entered into the raffle to win this all inclusive experience. 8 00:00:27,600 --> 00:00:30,440 Speaker 2: Here's what you'll win. Round trip airfare to Atlanta Fort 9 00:00:30,520 --> 00:00:33,440 Speaker 2: SIU from Friday to Monday, or a one thousand dollars 10 00:00:33,479 --> 00:00:37,440 Speaker 2: transportation and food stipend. 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We don't know what's coming, something that's gonna 21 00:01:15,240 --> 00:01:19,600 Speaker 4: come eventually. Number three, you have to find a way 22 00:01:19,640 --> 00:01:21,720 Speaker 4: to invest at least twenty five percent of your income. 23 00:01:23,280 --> 00:01:26,600 Speaker 4: Number four, spend some time to invest capital to making 24 00:01:26,640 --> 00:01:30,360 Speaker 4: yourself better in one area of your life, whether it's investing, 25 00:01:30,480 --> 00:01:32,560 Speaker 4: whether it's AI or there's STEM. 26 00:01:32,920 --> 00:01:34,039 Speaker 1: I think that's really key. 27 00:01:34,160 --> 00:01:37,039 Speaker 4: And then I think number five, you have to find 28 00:01:37,080 --> 00:01:40,759 Speaker 4: ways to invest money into businesses outside of publicly traded 29 00:01:40,760 --> 00:01:43,400 Speaker 4: markets that are going to grow. So whether that's finding 30 00:01:43,400 --> 00:01:45,240 Speaker 4: a business to invest in that you believe in that 31 00:01:45,280 --> 00:01:48,320 Speaker 4: you see has growth, a friend, or project the idea. 32 00:01:49,400 --> 00:01:51,000 Speaker 4: I know back in the day they had like product 33 00:01:51,080 --> 00:01:53,840 Speaker 4: hunt where you can find things to invest in. 34 00:01:53,880 --> 00:01:55,480 Speaker 1: But I think the biggest one. 35 00:01:57,000 --> 00:02:00,000 Speaker 4: For me is like finding places to deploy capital outside 36 00:02:00,040 --> 00:02:03,080 Speaker 4: out of the public markets and being being very tight 37 00:02:03,120 --> 00:02:06,240 Speaker 4: on just give it out or handing out money. 38 00:02:08,160 --> 00:02:10,520 Speaker 1: When it's not earned and or deserve. 39 00:02:11,320 --> 00:02:14,040 Speaker 4: For sure, Like I did an interesting experiment this month, well, 40 00:02:14,080 --> 00:02:15,880 Speaker 4: like I didn't reply to any messages that were like 41 00:02:15,919 --> 00:02:21,280 Speaker 4: non revenue messages to ten PM. 42 00:02:19,880 --> 00:02:25,520 Speaker 1: Just flat out didn't reply. Cool like revenues up thirteen month, 43 00:02:25,639 --> 00:02:26,400 Speaker 1: Like we. 44 00:02:26,280 --> 00:02:29,600 Speaker 4: Have to pour our time and energy and efforts into 45 00:02:29,639 --> 00:02:32,160 Speaker 4: the right thing. And I think a lot of times, 46 00:02:32,200 --> 00:02:35,160 Speaker 4: as we grow and as we get established, because we 47 00:02:35,240 --> 00:02:38,720 Speaker 4: have success, we want to make the climb easier for 48 00:02:38,800 --> 00:02:41,720 Speaker 4: those of us behind us. But sometimes you don't understand 49 00:02:41,800 --> 00:02:44,480 Speaker 4: or appreciate the climb unless you went through it yourself. 50 00:02:44,919 --> 00:02:47,360 Speaker 4: So as you grow, you still have to have that 51 00:02:47,400 --> 00:02:50,840 Speaker 4: budget in mind that you're staying within. And I just 52 00:02:50,840 --> 00:02:56,840 Speaker 4: spend pervocusely and just and over accessibly in terms of helping. 53 00:02:57,120 --> 00:02:59,400 Speaker 1: So, but what about you? 54 00:03:00,280 --> 00:03:01,679 Speaker 5: I got it like a quick question, right, because we 55 00:03:01,680 --> 00:03:04,720 Speaker 5: always talk about two tech two index and so somebody 56 00:03:04,760 --> 00:03:06,880 Speaker 5: actually asked me this this weekend. They were like, yeah, 57 00:03:06,880 --> 00:03:11,520 Speaker 5: we always we talked about VGIVO as indexes. Right, total 58 00:03:11,560 --> 00:03:14,680 Speaker 5: market total sm P five hundred. Should people be looking 59 00:03:14,720 --> 00:03:18,680 Speaker 5: at under indexes as well? Maybe growth index or international 60 00:03:19,000 --> 00:03:21,040 Speaker 5: or I know you talk about bonds all the time, 61 00:03:21,040 --> 00:03:23,600 Speaker 5: but should they be investigating and doing the research on 62 00:03:23,639 --> 00:03:25,520 Speaker 5: those as well or to should they stick to the 63 00:03:25,560 --> 00:03:27,000 Speaker 5: total market in the SMP. 64 00:03:28,120 --> 00:03:33,480 Speaker 4: Join eaninvest dot com and get the true But you 65 00:03:33,480 --> 00:03:35,960 Speaker 4: can look at VUG. We went through this before. VUG 66 00:03:36,280 --> 00:03:40,280 Speaker 4: is one that you can look at that will give 67 00:03:40,280 --> 00:03:44,240 Speaker 4: you some exposure. VGT is there technology are so if 68 00:03:44,280 --> 00:03:47,320 Speaker 4: you want to higher growth international right now, wouldn't touch 69 00:03:47,440 --> 00:03:50,120 Speaker 4: there's too much. Even Buffet said it in this letter. 70 00:03:50,600 --> 00:03:54,080 Speaker 4: If there are not ten or fifteen international companies that 71 00:03:54,160 --> 00:03:56,760 Speaker 4: Berkshire will put their money into. Like there's a lot 72 00:03:56,800 --> 00:03:59,480 Speaker 4: going on that the issue in Russia and the concert 73 00:03:59,480 --> 00:04:03,200 Speaker 4: goalers happened over, like we're talking about what's going on 74 00:04:03,240 --> 00:04:03,800 Speaker 4: in Haiti in. 75 00:04:03,800 --> 00:04:07,480 Speaker 1: A little bit. There's some real risks out there once 76 00:04:07,520 --> 00:04:09,040 Speaker 1: you are invested internationally. 77 00:04:09,120 --> 00:04:11,960 Speaker 4: I still like Mercardi Lee Bray, but it's not that 78 00:04:12,040 --> 00:04:13,840 Speaker 4: many that I can just say, hey, this is the 79 00:04:13,880 --> 00:04:15,640 Speaker 4: index that I want to go in. Japan has been 80 00:04:15,640 --> 00:04:18,280 Speaker 4: doing great, but even they they were doing great because 81 00:04:18,320 --> 00:04:22,600 Speaker 4: they were still operating under a zero interest rate environment. China, 82 00:04:22,760 --> 00:04:26,320 Speaker 4: I still haven't seen jack Ma. So I will stay 83 00:04:26,320 --> 00:04:30,480 Speaker 4: away VUG v T I v G T V O 84 00:04:30,560 --> 00:04:35,760 Speaker 4: all and you'll be a okay. And the next time 85 00:04:35,800 --> 00:04:38,760 Speaker 4: I put up on the weekend too, I'm gonna be there. 86 00:04:38,800 --> 00:04:39,480 Speaker 1: I'm gonna be there. 87 00:04:39,839 --> 00:04:43,560 Speaker 4: Well yeah, well whatever weekend retirement party, you know what 88 00:04:43,560 --> 00:04:45,480 Speaker 4: I mean? People call like, y'all, see you guys in 89 00:04:45,520 --> 00:04:46,880 Speaker 4: here where you And I'm like, I'm at home. 90 00:04:53,440 --> 00:04:54,360 Speaker 1: It's retirement. 91 00:04:54,800 --> 00:05:00,280 Speaker 4: Well he's Jersey retirement, Jersey retirement. Yeah, Christmas to the 92 00:05:01,080 --> 00:05:04,719 Speaker 4: one who, uh he helped give me some credibility in 93 00:05:04,720 --> 00:05:06,719 Speaker 4: the crypto world when she was working at Yahoo. 94 00:05:07,120 --> 00:05:09,400 Speaker 1: About the call of bitcoin going to twenty thousand. 95 00:05:09,440 --> 00:05:11,000 Speaker 4: I know they love to say we've never talked about 96 00:05:11,040 --> 00:05:14,400 Speaker 4: crypto until this year, but Mike Novagrats is on and 97 00:05:15,600 --> 00:05:17,320 Speaker 4: let the record reflect. You know, it was called the 98 00:05:17,400 --> 00:05:20,160 Speaker 4: twenty eight and twenty thousand when it was a sixty. 99 00:05:20,279 --> 00:05:25,920 Speaker 3: So so let's let's do this before I guess comes on, 100 00:05:25,960 --> 00:05:28,160 Speaker 3: because we got a lot of topics to talk about. 101 00:05:28,480 --> 00:05:32,520 Speaker 3: Definitely want to talk about Nvidia and healthcare and then 102 00:05:32,839 --> 00:05:36,720 Speaker 3: Chipotle as well. But let's give you some educational tips 103 00:05:36,760 --> 00:05:40,120 Speaker 3: as far as books that people can can read to 104 00:05:40,520 --> 00:05:42,279 Speaker 3: enhance their knowledge base. 105 00:05:43,360 --> 00:05:45,279 Speaker 4: I talked about this in stock Club this past weekend. 106 00:05:45,400 --> 00:05:50,000 Speaker 4: But one is called Black Edge, very fascinating book on 107 00:05:50,040 --> 00:05:54,040 Speaker 4: how like the hedge fund hedge fund industry works. Number 108 00:05:54,040 --> 00:05:56,479 Speaker 4: two going back to the Conceito thing with Bruno Mars 109 00:05:56,520 --> 00:06:00,240 Speaker 4: a man for all markets. So the gentleman in a 110 00:06:00,240 --> 00:06:03,440 Speaker 4: book is one who worked in the casino industry and 111 00:06:03,440 --> 00:06:05,479 Speaker 4: then went over to the investing in brokers' industry. 112 00:06:06,560 --> 00:06:08,160 Speaker 1: And then the third book. 113 00:06:10,160 --> 00:06:16,680 Speaker 4: I would say it's tough because I want to mention money, 114 00:06:16,720 --> 00:06:18,440 Speaker 4: master the game. But I talked about this so much, 115 00:06:19,000 --> 00:06:22,839 Speaker 4: but I probably would go through any book from Mark 116 00:06:22,880 --> 00:06:28,080 Speaker 4: Douglas on trading psychology, and a great part about that 117 00:06:28,120 --> 00:06:32,119 Speaker 4: book is at every level, like if you're a beginning trader, 118 00:06:32,200 --> 00:06:33,880 Speaker 4: is going to help you, if your intermedia area is 119 00:06:33,920 --> 00:06:35,520 Speaker 4: going to help you. And then when you size up 120 00:06:35,839 --> 00:06:37,680 Speaker 4: and getting to a point where you're trading forty to 121 00:06:37,720 --> 00:06:41,600 Speaker 4: fifty contracts at the time, it's going to help your life. 122 00:06:41,640 --> 00:06:43,440 Speaker 4: And the book feels new every time that you read 123 00:06:43,440 --> 00:06:45,840 Speaker 4: it based on the level that you're at. So those 124 00:06:45,839 --> 00:06:48,200 Speaker 4: would you like my three recommendations for this quarter for 125 00:06:48,200 --> 00:06:50,839 Speaker 4: people to read to help them be a better trader 126 00:06:50,839 --> 00:06:52,240 Speaker 4: and better investor in this market. 127 00:06:53,160 --> 00:06:54,320 Speaker 1: I'm with you, I'm with you. 128 00:06:54,400 --> 00:06:56,240 Speaker 5: I think the mindset is the first thing is interesting 129 00:06:56,240 --> 00:06:58,640 Speaker 5: because we just had our book club yesterday shot everybody 130 00:06:58,640 --> 00:07:00,040 Speaker 5: that pulled up to book. 131 00:06:59,800 --> 00:07:00,920 Speaker 1: Club g was going on. 132 00:07:01,160 --> 00:07:04,680 Speaker 5: It was a masterpiece. And so I'll use We gave 133 00:07:04,720 --> 00:07:07,680 Speaker 5: out four books that that were interested in doing in 134 00:07:07,720 --> 00:07:10,080 Speaker 5: this quarter, and it really has to do with investing 135 00:07:10,120 --> 00:07:14,000 Speaker 5: in the mindset around investing. So find your Way by 136 00:07:14,360 --> 00:07:19,720 Speaker 5: Simon Sheck. Atomic Habits by James Clear and a great 137 00:07:19,800 --> 00:07:22,240 Speaker 5: with all time, all time classic. I mean, Blink by 138 00:07:22,520 --> 00:07:24,520 Speaker 5: Malcolm Gladwells is just an all time classic. If you 139 00:07:24,560 --> 00:07:27,440 Speaker 5: haven't read it, please please add that to your your 140 00:07:27,920 --> 00:07:31,880 Speaker 5: your reading digest, added to your library, put it on audiobook. 141 00:07:31,880 --> 00:07:34,600 Speaker 5: Blink is an incredible one. And then I personally went 142 00:07:34,680 --> 00:07:38,240 Speaker 5: back recently and read The Color of Money again. I 143 00:07:38,320 --> 00:07:41,880 Speaker 5: just think you always have to, yeah, just just to 144 00:07:42,320 --> 00:07:45,560 Speaker 5: sometimes as we're navigating through this, you want to make 145 00:07:45,560 --> 00:07:48,640 Speaker 5: sure that you have a historical landscape of how we 146 00:07:48,680 --> 00:07:51,240 Speaker 5: got to this point because you meet people every day 147 00:07:51,280 --> 00:07:54,240 Speaker 5: that are just at different levels of their financial journey 148 00:07:54,680 --> 00:07:57,040 Speaker 5: from the trauma into the thravele mode. We allls talk 149 00:07:57,080 --> 00:07:59,960 Speaker 5: about survival morale mode. So having that mindset, but understanding 150 00:08:00,280 --> 00:08:02,440 Speaker 5: from a historical standpoint, well, why we got here, how 151 00:08:02,440 --> 00:08:02,880 Speaker 5: we got here, I. 152 00:08:02,880 --> 00:08:03,600 Speaker 1: Think it is important. 153 00:08:03,640 --> 00:08:07,120 Speaker 5: So those are like four right now that definitely we're 154 00:08:07,160 --> 00:08:09,040 Speaker 5: going to be talking about, So you should add it 155 00:08:09,040 --> 00:08:09,720 Speaker 5: to your list as well. 156 00:08:09,720 --> 00:08:13,320 Speaker 6: An illegal alien from Guatemala charged with raping a child 157 00:08:13,360 --> 00:08:17,160 Speaker 6: in Massachusetts. An MS thirteen gang member from Al Salvador 158 00:08:17,400 --> 00:08:21,520 Speaker 6: accused of murdering a Texas man of Venezuelan charged with 159 00:08:21,600 --> 00:08:25,480 Speaker 6: filming and selling child pornography in Michigan. These are just 160 00:08:25,600 --> 00:08:29,360 Speaker 6: some of the heinous migrant criminals caught because of President 161 00:08:29,400 --> 00:08:32,920 Speaker 6: Donald J. Trump's leadership. I'm Christy Noman, the United States 162 00:08:33,000 --> 00:08:37,760 Speaker 6: Secretary of Homeland Security. Under President Trump, attempted illegal border 163 00:08:37,800 --> 00:08:41,360 Speaker 6: crossings are at the lowest levels ever recorded, and over 164 00:08:41,440 --> 00:08:44,640 Speaker 6: one hundred thousand illegal aliens have been arrested. If you 165 00:08:44,720 --> 00:08:48,560 Speaker 6: are here illegally, your next you will be fine nearly 166 00:08:48,640 --> 00:08:52,680 Speaker 6: one thousand dollars a day, imprisoned and deported, you will 167 00:08:52,720 --> 00:08:56,360 Speaker 6: never return. But if you register using our CBP home 168 00:08:56,400 --> 00:08:59,760 Speaker 6: app and leave now, you could be allowed to return legally. 169 00:09:00,160 --> 00:09:04,840 Speaker 6: Do what's right. Leave now. Under President Trump, America's laws, 170 00:09:05,040 --> 00:09:07,480 Speaker 6: border and families will be protected. 171 00:09:07,600 --> 00:09:09,720 Speaker 1: Sponsored by the United States Department of Homeland Security.