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Hiring Indeed is 0:00:57.440 --> 0:00:58.040 all you need. 0:00:58.680 --> 0:01:01.120 We got a special one for ya tonight, y'all, special, 0:01:01.160 --> 0:01:01.760 real special. 0:01:02.240 --> 0:01:02.440 Yeah. 0:01:02.480 --> 0:01:04.040 So this is one of the ones, man, This is 0:01:04.040 --> 0:01:06.240 one of those ones that everybody has been asking for 0:01:06.240 --> 0:01:10.240 for a long time, and what better time to do 0:01:10.319 --> 0:01:13.000 it than now? So this is this is gonna be 0:01:13.160 --> 0:01:17.320 you know, a very educational, informational session. 0:01:17.720 --> 0:01:18.640 What's going on? Brother? 0:01:20.560 --> 0:01:23.000 So, my guy, how you brocuse everything with Troy? 0:01:23.000 --> 0:01:25.679 What up? Brother, my guy? What's going on with you? 0:01:25.760 --> 0:01:26.000 Brother? 0:01:26.760 --> 0:01:29.199 You see that set up? That mean something legendary about 0:01:29.200 --> 0:01:38.320 to happen. Yes, don't be confused. Legendary movements about to happen. Y'all. 0:01:39.319 --> 0:01:40.880 Welcome to the Welcome to the big show. 0:01:41.200 --> 0:01:42.480 Thank you, my brother, thank you. 0:01:43.000 --> 0:01:45.640 Draft ed and. 0:01:45.440 --> 0:01:53.960 With the number one E selects they call him mister 0:01:54.000 --> 0:02:00.360 smooth out there. You know, see that being served down 0:02:00.520 --> 0:02:06.720 to the heights. Dykeman, What up? Man? 0:02:07.280 --> 0:02:10.440 Yeah, let me intro Chris. So if you don't know Chris. 0:02:10.520 --> 0:02:13.520 Chris has been teaching for us for months now at 0:02:13.520 --> 0:02:16.359 Eyo University. I think it actually teaches two classes a 0:02:16.400 --> 0:02:19.960 week and just breaks down stocks like one of the 0:02:20.000 --> 0:02:22.760 best to actually on the educational side to actually explain 0:02:22.800 --> 0:02:25.760 it from a technical standpoint, from charts, but also just 0:02:25.800 --> 0:02:29.600 from a you know, a baseline level, explaining you know stocks, 0:02:29.600 --> 0:02:32.079 how it works, how to get in, you know, how 0:02:32.080 --> 0:02:34.680 to open a brokerage account, you know all this stuff 0:02:34.720 --> 0:02:36.280 like you know, and that's one of the things with 0:02:36.320 --> 0:02:37.920 ey University that we try to do because I know, 0:02:38.000 --> 0:02:40.520 sometimes when we when we just talk and you might 0:02:40.600 --> 0:02:43.320 just hear it in on market Mondays or just on 0:02:43.440 --> 0:02:46.240 you on Instagram, it's kind of tough. It's kind of 0:02:46.240 --> 0:02:49.240 tough to just you know, move at the beginning level 0:02:49.400 --> 0:02:52.720 if you're just starting out. If we have an advanced conversation, 0:02:52.880 --> 0:02:54.400 So we always try to bring it back to the 0:02:54.480 --> 0:02:56.919 you know, a understanding so everybody can understand it from 0:02:56.960 --> 0:02:58.040 beginning to advance. 0:02:58.760 --> 0:03:01.800 And it's on going education that we do every single week. 0:03:02.120 --> 0:03:05.560 So yeah, Chris is one of one of our favorite 0:03:05.680 --> 0:03:10.080 teachers professors that we have at Eyo University. So being that, 0:03:10.160 --> 0:03:12.840 you know, he was thinking about a topic to talk about, 0:03:13.240 --> 0:03:15.400 and I'm like, oh, this is perfect topic because everybody 0:03:15.440 --> 0:03:21.960 kept keeps asking about puts, how to short stock. Obviously 0:03:21.960 --> 0:03:24.520 the stock market is going down right now, so you know, 0:03:25.360 --> 0:03:29.320 most people are under the common misconception that you only 0:03:29.360 --> 0:03:33.520 make money when stocks go up, but that's not necessarily true. 0:03:33.760 --> 0:03:36.920 You can make money from stocks actually going down. Well, 0:03:37.400 --> 0:03:39.000 and that's what we're going to talk about today, like 0:03:39.040 --> 0:03:41.520 how you know the whole thing, like what it actually means, 0:03:41.560 --> 0:03:43.760 what a putt is, you know, how to short the stock, 0:03:43.840 --> 0:03:46.840 things of that nature. So of course, like anything, you know, 0:03:46.920 --> 0:03:51.520 there's risk involved, so you know, do your research, be careful. 0:03:52.400 --> 0:03:54.720 It's not to tell you like this is what to do, 0:03:54.920 --> 0:03:57.360 like you should do this play right now tomorrow, but 0:03:57.440 --> 0:04:02.200 it's to provide you information that will equip you moving 0:04:02.240 --> 0:04:03.880 forward if you want to be a trader. 0:04:04.600 --> 0:04:06.600 I think that's that's one of the best things about Chris, 0:04:06.960 --> 0:04:08.640 so like not only do we talk about the things, 0:04:08.640 --> 0:04:10.840 but he actually shows you why you're looking at he's 0:04:10.840 --> 0:04:12.560 looking at it, and why you should be looking at 0:04:12.600 --> 0:04:15.360 it in a very very detailed way. So I've been 0:04:15.360 --> 0:04:18.400 sneaking in the classes, Chris, I know, I'm just sneaking 0:04:18.440 --> 0:04:22.320 in those classes. So yeah, and assessing what we're learning 0:04:22.640 --> 0:04:24.680 is important too, right, And that's one of the things 0:04:24.640 --> 0:04:26.760 that he does as well. I think it's rightly important 0:04:26.760 --> 0:04:29.040 to say like, yeah, we're airing, Yeah we kind of 0:04:29.120 --> 0:04:31.040 understand it, but how do you know if you understand it? 0:04:31.040 --> 0:04:33.159 And so like having that assessment piece is dope too, 0:04:33.200 --> 0:04:34.480 So kudos to you, my brother. 0:04:34.640 --> 0:04:38.400 And it's also important to it's not necessarily like that 0:04:39.480 --> 0:04:41.279 this is the time where you have to short, but 0:04:41.520 --> 0:04:44.200 you should know how to short because there's always an 0:04:44.200 --> 0:04:47.400 opportunity to short stocks, and even if you don't use 0:04:47.440 --> 0:04:49.360 it should it should be part of your It's like, 0:04:49.400 --> 0:04:52.880 you know, it's like a carpenter. You have to have 0:04:52.920 --> 0:04:55.440 different tools in the toolbox. So you just can't have 0:04:55.480 --> 0:04:57.640 a hammer, that's it. Like you might have a school drive, 0:04:57.720 --> 0:04:59.839 you have a hammer, you have a wrench. So now 0:05:00.000 --> 0:05:02.760 when the time comes for you to use that tool, 0:05:02.800 --> 0:05:05.160 then you'll actually be prepared. So this is something that 0:05:05.240 --> 0:05:07.320 you can use now if you want, but it's not 0:05:07.360 --> 0:05:09.800 a situation where it's like you have to use it 0:05:09.880 --> 0:05:12.279 right now because the market is going down. It's just 0:05:12.360 --> 0:05:16.200 something that is extremely beneficial for you to learn. So 0:05:16.360 --> 0:05:18.000 you know, you could use it now if you want, 0:05:18.200 --> 0:05:20.320 or when the time comes, if you have a stock 0:05:20.400 --> 0:05:22.400 that you feel is the right stock to actually put 0:05:22.520 --> 0:05:26.240 a put on or the short then you'll be ready. 0:05:26.360 --> 0:05:29.400 So yeah, that's what that's what this is about. So 0:05:29.440 --> 0:05:31.680 I'll just give a quick overview once again. Welcome to 0:05:31.720 --> 0:05:36.159 everybody on YouTube that's joining us. We do this once 0:05:36.200 --> 0:05:38.200 a month, the last Wednesday of the month at eight 0:05:38.200 --> 0:05:41.640 o'clock Eastern Standard time. What we call open Enrollment is 0:05:41.720 --> 0:05:45.640 kind of an open window to eyl University and it 0:05:45.760 --> 0:05:48.279 just kind of gives you a preview, a sneak peak 0:05:48.320 --> 0:05:50.840 of what we actually do every single week. And as 0:05:50.920 --> 0:05:53.520 I said, Chris is somebody that actually teaches multiple classes 0:05:53.520 --> 0:05:56.479 for US weekly, So you know this is this is 0:05:56.880 --> 0:05:58.919 a good indicator of what's. 0:05:58.760 --> 0:06:00.880 Going on inside the e y University. 0:06:00.960 --> 0:06:03.960 So I'll talk more about Eyo University later on, but 0:06:04.680 --> 0:06:08.839 without further ado, I'll hand it off to Chris and 0:06:09.400 --> 0:06:11.200 let him let him, let him get in his bag. 0:06:11.640 --> 0:06:14.440 Definitely, definitely. First of all, thanks again trying to shot 0:06:14.560 --> 0:06:17.560 for the great opportunity to talk about such a vital 0:06:17.640 --> 0:06:20.400 topic today, and that is how do you actually make 0:06:20.440 --> 0:06:23.600 money in a bear market, in a correction market? How 0:06:23.640 --> 0:06:26.279 do you actually make money and become profitable? So today's 0:06:26.279 --> 0:06:29.480 all about knowing how to get into puts, how to short, 0:06:29.640 --> 0:06:33.400 but most importantly knowing the technicals behind it to actually 0:06:34.040 --> 0:06:36.760 have the confirmation to make money. So with that being said, 0:06:36.760 --> 0:06:38.640 for those that do not know me, I'm Christopher Munios. 0:06:38.640 --> 0:06:42.039 I'm a cybersecurity product manager at Microsoft. That's my main 0:06:43.240 --> 0:06:45.760 you know career or you know job that I currently have. 0:06:46.200 --> 0:06:49.840 I'm a big, big advocate for STEM careers. I'm mostly 0:06:49.880 --> 0:06:53.880 the foundering CEO of Level of Academy is an educational platform. 0:06:54.160 --> 0:06:57.080 The founder CEO of Level of Apago, foundering CEO of 0:06:57.120 --> 0:06:59.720 Level of Financial, which is a creditor payer, and also 0:06:59.720 --> 0:07:02.560 bus is funding company, and most of the CEO of 0:07:03.480 --> 0:07:06.800 MVR Luxury Rental. So if you're ever in Miami and 0:07:06.839 --> 0:07:09.479 you want to get a nice car, a nice crib boat, 0:07:09.800 --> 0:07:12.239 everything like that, we definitely have that. So definitely feel 0:07:12.240 --> 0:07:15.320 free to tape in when it comes to that. Something 0:07:15.360 --> 0:07:18.880 critical that Rashad mentioned was that you have to be flexible. 0:07:19.120 --> 0:07:22.400 Right Oftentimes as an investor, as a trader, you probably 0:07:22.400 --> 0:07:26.160 have just one go to strategy. And the best thing 0:07:26.200 --> 0:07:28.720 when it comes to being a good investor or a 0:07:28.760 --> 0:07:31.480 good trader, is that you have to be an athlete. 0:07:31.800 --> 0:07:33.960 You got to be adaptive, you got to be flexible 0:07:34.360 --> 0:07:37.280 to all changing markets, and you got to have different 0:07:37.280 --> 0:07:40.000 tool kits when it comes to your bag to really profit, 0:07:40.040 --> 0:07:43.120 and right now is a very very tough time, you know, 0:07:43.200 --> 0:07:45.960 to profit. However, I'm definitely going to you know, dissect 0:07:46.720 --> 0:07:51.080 technical analysis today and give you the direct tools that 0:07:51.120 --> 0:07:53.720 you need to be able to make money. Right There's 0:07:53.760 --> 0:07:56.000 one word that I definitely want you to write down 0:07:56.040 --> 0:07:59.520 today and that is stackflation. Stackflation is where we're at 0:07:59.640 --> 0:08:02.840 right now. Although the headlines on CNN and these different 0:08:03.480 --> 0:08:06.720 use press they say that we're about to enter that market, 0:08:06.960 --> 0:08:09.520 we're already there. So for those that do not know 0:08:09.560 --> 0:08:14.680 what stackflation is, tackflation is where we are at a 0:08:14.880 --> 0:08:19.120 point where there's no economic growth, is very stagnant. So 0:08:19.200 --> 0:08:22.280 consider a chart. When a chart is not trending either 0:08:22.400 --> 0:08:25.360 up or down, is going to trade sideways. That's the 0:08:25.440 --> 0:08:28.400 current economy that we're in right now. So there's definitely 0:08:28.400 --> 0:08:32.079 a big difference between stackflation and also a recession. So 0:08:32.200 --> 0:08:33.960 to give you a better picture of what it is, 0:08:34.000 --> 0:08:37.760 it is definitely a period of stagnant economic growth. Right, 0:08:37.760 --> 0:08:41.600 there's not much going on, but there's definitely high inflation. 0:08:41.720 --> 0:08:45.160 Inflation is at eight point two percent right now, right, 0:08:45.200 --> 0:08:49.240 and of course there's also high unemployment as well. Right. 0:08:49.360 --> 0:08:51.520 That is the key right now when it comes to 0:08:51.840 --> 0:08:54.640 this current market, and you have to understand that right now, 0:08:54.640 --> 0:08:56.360 you're probably not going to have a lot of trend 0:08:56.720 --> 0:08:59.120 or a lot of movement in the market. But it 0:08:59.200 --> 0:09:02.160 is very critical us for us to understand that we're 0:09:02.200 --> 0:09:07.160 already in that's tackflation market at the moment. Something else 0:09:07.200 --> 0:09:11.000 when it comes to stackflation, is that this is definitely 0:09:11.040 --> 0:09:13.880 a good opportunity to buy, is a good opportunity to 0:09:13.960 --> 0:09:16.760 dollar cost average. It's also a good opportunity to do 0:09:16.840 --> 0:09:18.800 more research when it comes to the stocks than you 0:09:18.800 --> 0:09:22.480 actually own. So I've been actually traveling the last couple 0:09:22.480 --> 0:09:24.880 of months and one of the questions that I do ask, 0:09:24.920 --> 0:09:27.960 and I am monitoring the chat here on YouTube, is 0:09:28.000 --> 0:09:30.600 that if you don't know the CEO of the company 0:09:30.600 --> 0:09:33.839 that you're investing in, are you really investing? Right? I've 0:09:33.840 --> 0:09:36.280 been to Atlanta, I've been to Miami, I'm about to 0:09:36.320 --> 0:09:38.440 go to the Bay Area, And every single time I 0:09:38.520 --> 0:09:40.520 do ask this question, do you know who the CEO 0:09:40.600 --> 0:09:43.520 of Nvidia is? Do you know who the CEO of 0:09:44.720 --> 0:09:47.200 a Microsoft is? If you don't know who the CEO is, 0:09:47.679 --> 0:09:51.359 what's the vision behind a company? What's their competitive advantage? 0:09:51.440 --> 0:09:54.360 And are you really investing or are you actually gambling 0:09:54.360 --> 0:09:56.080 your money and praying to God that you're actually going 0:09:56.160 --> 0:09:58.880 to make a profit. This is the mindset shift that 0:09:58.920 --> 0:10:01.080 I want every single person part of this life today 0:10:01.760 --> 0:10:05.440 to really change. And again, during this time of stackflation, 0:10:05.640 --> 0:10:08.840 is very very critical for you to allocate your funds 0:10:09.200 --> 0:10:11.120 and companies that are going to be here five to 0:10:11.200 --> 0:10:15.000 ten years from now. So again, stackflation, it is definitely 0:10:15.000 --> 0:10:19.679 caused by a slow or stagnant economic growth. Inflation it 0:10:19.720 --> 0:10:22.160 is definitely increasing. I think all of us definitely feel it. 0:10:22.360 --> 0:10:26.040 And of course the unemployment is also increasing at this time. 0:10:28.240 --> 0:10:30.960 Just to add on to that, a bear market always 0:10:31.080 --> 0:10:33.679 comes to an end. And I'm always going to say this, 0:10:34.160 --> 0:10:35.520 and there's actually gonna be a lot of things that 0:10:35.559 --> 0:10:38.400 I'm going to cover throughout today that will hopefully give 0:10:38.440 --> 0:10:40.440 you more of a context and confirmation so that you're 0:10:40.440 --> 0:10:45.080 able to trade at ease and invest at ease. Bear 0:10:45.160 --> 0:10:48.480 markets always come to an end. And it's crazy, you 0:10:48.480 --> 0:10:52.240 know why? Because always the bad days are always easier 0:10:52.280 --> 0:10:55.040 to remember when it comes to anything, when it comes 0:10:55.080 --> 0:10:56.719 to life, when it comes to the stock market, when 0:10:56.720 --> 0:10:58.800 it comes to the futures market, when it comes to crypto, 0:10:59.240 --> 0:11:02.360 the bad day are always easier to remember. How come 0:11:02.440 --> 0:11:04.640 we never talk about the good days? How come we 0:11:04.679 --> 0:11:07.960 never talk about when Teslon was hit. It's hit, it 0:11:08.000 --> 0:11:11.040 hits sixteen hundred. Why weren't we happy and yelling at 0:11:11.040 --> 0:11:13.960 that time. Now when we actually have the opportunity to 0:11:14.000 --> 0:11:18.120 buy more and actually load the boat. Now, we're panicking 0:11:18.320 --> 0:11:21.600 and we're actually selling. So what is a beer market? 0:11:21.679 --> 0:11:25.320 Just to give some educational context here, a correction is 0:11:25.400 --> 0:11:28.840 a decline of ten percent, right, a correction decline of 0:11:28.880 --> 0:11:32.440 ten percent from the high of any security. This is 0:11:32.640 --> 0:11:35.800 more than normal and it is also very very healthy 0:11:36.120 --> 0:11:37.920 for those that are part of EYL, that are part 0:11:37.920 --> 0:11:41.160 of Level UP. I've seen the chat here we talk 0:11:41.200 --> 0:11:44.160 about market structure. After a high or high is going 0:11:44.240 --> 0:11:46.040 to have to make a rest. After you go to 0:11:46.080 --> 0:11:48.280 the gym and you do a set of squads or debtlifts, 0:11:48.360 --> 0:11:50.480 whatever it is, you're definitely going to take a rest. 0:11:50.679 --> 0:11:52.560 When you do a sprint, you're also going to take 0:11:52.559 --> 0:11:54.439 a rest. So it's very very healthy for a stock 0:11:54.760 --> 0:11:57.520 or any security to take a rest. So what is 0:11:57.559 --> 0:11:59.760 a beer market. A beer market is a decline of 0:11:59.800 --> 0:12:03.839 two twenty percent, right, So at its high, if we 0:12:03.880 --> 0:12:07.440 pull back more than twenty percent, we are indeed at 0:12:07.440 --> 0:12:09.920 a beer market. And we actually just introduced a beer 0:12:09.960 --> 0:12:12.800 market last week. So one thing about the beer market 0:12:12.840 --> 0:12:16.640 that I also want to talk about is that at 0:12:16.640 --> 0:12:21.120 this time, this is the generational buying opportunity. When the 0:12:21.160 --> 0:12:24.280 pandemic happened in the year of twenty twenty. COVID nineteen 0:12:24.400 --> 0:12:27.840 came through lots of people felt it. People needed to 0:12:27.880 --> 0:12:31.400 find a way to generate another stream of income. People 0:12:31.400 --> 0:12:33.280 were at home and they wanted to understand, how can 0:12:33.320 --> 0:12:36.880 it actually make my money grow? Where beer markets was 0:12:36.920 --> 0:12:39.920 the time to buy twenty twenty March twenty twenty, That 0:12:40.040 --> 0:12:42.680 was definitely the time to load the boat to be 0:12:42.760 --> 0:12:46.120 able to realize, you know, some good gains after we 0:12:46.200 --> 0:12:48.800 actually recovered. So it's very very critical for us to 0:12:48.800 --> 0:12:51.679 talk about that today and talk about how this is 0:12:51.720 --> 0:12:54.040 definitely the time where you want to go ahead and 0:12:54.040 --> 0:12:55.880 you want a dollar cost tiverage and you actually want 0:12:55.920 --> 0:12:58.520 to buy Nvidio, you want to buy Microsoft, you want 0:12:58.559 --> 0:13:00.439 to buy Apple, you want to buy your each like 0:13:00.480 --> 0:13:04.160 Vu and Vti. Why not the high of en video 0:13:04.200 --> 0:13:07.320 for this years, I think it's three forty six, you know, 0:13:07.440 --> 0:13:10.200 after earnings the things at one fifty seven. If if 0:13:10.240 --> 0:13:12.920 I'm not mistaken, it is definitely at a discount. So 0:13:12.960 --> 0:13:17.280 why not buy more? Generational buying opportunities don't come often. 0:13:17.559 --> 0:13:19.840 This is the second chance that we get in the 0:13:19.920 --> 0:13:23.080 last two years. I love stats, I love numbers, So 0:13:23.160 --> 0:13:25.280 for that reason, I'm going to bring up this chart 0:13:25.320 --> 0:13:29.199 here just so that we can decipher what we're talking about. Here, 0:13:29.400 --> 0:13:32.840 give me one second. Here we go so bear market, 0:13:32.840 --> 0:13:35.720 bull market. Here we have our bear market and red. 0:13:36.280 --> 0:13:39.440 Here we have our bull market in blue. The average 0:13:39.520 --> 0:13:42.320 duration of a bull market is two thousand and sixty 0:13:42.400 --> 0:13:45.520 nine days. Now, let's go ahead, and let's go ahead 0:13:45.559 --> 0:13:48.040 and compare that to a bear market of four hundred 0:13:48.080 --> 0:13:51.640 and forty six days. There's a big difference here. The 0:13:51.720 --> 0:13:54.240 average return of a bull market is two hundred and 0:13:54.360 --> 0:13:59.080 nine percent, whereas a bull market is negative thirty eight percent. Now, 0:13:59.120 --> 0:14:01.199 I want you to take look at the time span 0:14:01.280 --> 0:14:04.720 that I'm showing here from nineteen sixty six all the 0:14:04.720 --> 0:14:08.440 way to twenty and twenty two, nineteen sixty six all 0:14:08.480 --> 0:14:10.800 the way to to twenty two. Just look at the 0:14:10.840 --> 0:14:15.079 amount of bear markets, and then look at the gains 0:14:15.160 --> 0:14:19.160 every single time that we recovered nineteen eighty six. Look 0:14:19.200 --> 0:14:25.240 at the game twenty ten, Look at the game twenty twenty, 0:14:25.320 --> 0:14:27.160 Look at the game. So why are we scared now? 0:14:27.680 --> 0:14:31.320 If we're getting a second opportunity in the last two years, 0:14:31.680 --> 0:14:34.480 that if you missed a twenty twenty beer market, if 0:14:34.480 --> 0:14:36.760 you miss what happened in the pandemic maybe you were not. 0:14:37.600 --> 0:14:40.040 Maybe you were not investing at the time. Now this 0:14:40.160 --> 0:14:43.080 is your check, you know, your second chance to actually 0:14:43.080 --> 0:14:45.760 go ahead and get your portfolio up and going. I 0:14:45.800 --> 0:14:48.160 want you to keep in mind that this is indeed 0:14:48.560 --> 0:14:51.560 a sale. We are definitely at a sale. We intered 0:14:52.000 --> 0:14:55.160 a bear market. Something else about a bear market. Whenever 0:14:55.200 --> 0:14:58.520 we entered a bear market, we actually go down twelve 0:14:58.560 --> 0:15:02.720 percent and additional twelve percent, So we're definitely gonna keep 0:15:02.760 --> 0:15:06.320 going down. But if your favorite thought, like Nvidia is 0:15:06.360 --> 0:15:09.640 at a day, is at a discount of sixty fifty percent, 0:15:10.040 --> 0:15:12.800 why not buy it? So definitely keep this into account. 0:15:12.800 --> 0:15:15.560 Bull markets. There, we actually have more of a trending 0:15:15.600 --> 0:15:17.920 bull market than what we do when it comes to 0:15:18.320 --> 0:15:27.800 a beer market. Second, there we go. Another cool tool 0:15:27.840 --> 0:15:30.040 that I definitely recommend everybody to look at is the 0:15:30.080 --> 0:15:33.720 Fear and Greed Index. So the Fear Greed Index. You're 0:15:33.720 --> 0:15:35.560 definitely gonna find this on your finbas, You're going to 0:15:35.600 --> 0:15:38.440 find this on CNN, on Yahoo finance. And this right 0:15:38.480 --> 0:15:41.440 here is a very cool technical tool that allows you 0:15:41.520 --> 0:15:45.080 to understand what are the emotions that are driving the market. Right, 0:15:45.120 --> 0:15:47.000 What are the emotions that are actually driving the market 0:15:47.080 --> 0:15:49.720 do we have extreme fear or do we have extreme greed? 0:15:50.280 --> 0:15:53.160 For those in the chat, do we buy when we 0:15:53.200 --> 0:15:55.560 are in fear or do we buy when we are 0:15:55.560 --> 0:15:58.280 in greed. Let's go ahead and give it a couple 0:15:58.240 --> 0:16:00.360 of seconds here so that we can let the chat 0:16:00.800 --> 0:16:07.640 tap in. And the reason why I talk about this 0:16:07.760 --> 0:16:10.160 is because when we have extreme fear, that's when we 0:16:10.200 --> 0:16:12.160 want to go ahead and buy more. We want to 0:16:12.160 --> 0:16:15.600 load the boat. When the stock market is definitely pulling back, 0:16:15.640 --> 0:16:18.160 you do not want to go ahead and sell your stocks. 0:16:18.160 --> 0:16:20.080 And right now I have people hitting me up, Hey Chris, 0:16:20.120 --> 0:16:21.400 should I go ahead and sell them? 0:16:21.440 --> 0:16:21.600 Oh? 0:16:21.600 --> 0:16:25.040 You know in my entire portfolio and just realize this, 0:16:25.240 --> 0:16:28.080 you know, realize the loss. The mindset should be. You 0:16:28.120 --> 0:16:31.480 know what, the stock that I love maybe is square, 0:16:31.560 --> 0:16:34.080 maybe it's in Video, maybe it's Microsoft. The stock that 0:16:34.160 --> 0:16:37.520 I love is at a ridiculous discount. Why don't I 0:16:37.640 --> 0:16:39.760 Why don't I go ahead and buy more and have 0:16:39.800 --> 0:16:42.840 a heavier position. Now I'm going to put it more 0:16:42.880 --> 0:16:46.000 into a perspective when it comes to my community. Why 0:16:46.080 --> 0:16:49.120 every time that Gucci sneakers are down or have a 0:16:49.160 --> 0:16:52.520 discount of thirty percent, the lines are packed right outside 0:16:53.280 --> 0:16:55.800 when there's a Black Friday sale for Louis Baton, the 0:16:55.840 --> 0:16:58.840 lines are packed right outside. Why don't we actually have 0:16:58.960 --> 0:17:03.040 that exact same mindset for stocks that can really that 0:17:03.080 --> 0:17:05.960 can help us, you know, realize generational wealth and that 0:17:06.000 --> 0:17:08.760 we can actually pass down to our kids and hopefully 0:17:08.760 --> 0:17:11.200 generations down the road. Why do we have that exact 0:17:11.280 --> 0:17:13.960 same so you know, that exact same approach, And that's 0:17:14.000 --> 0:17:17.400 what I'm talking about here, extreme fear. We load the boat. 0:17:17.520 --> 0:17:19.840 This is totally fine. I want every single person to 0:17:19.880 --> 0:17:23.040 be at ease because this just presents opportunities to buy 0:17:23.080 --> 0:17:25.600 more and be able to have a larger position when 0:17:25.600 --> 0:17:28.080 it comes to those stocks that you actually love. And 0:17:28.200 --> 0:17:31.520 I you know, I see that we have two hands up. 0:17:31.520 --> 0:17:32.920 I'll go ahead and take those two questions. 0:17:34.640 --> 0:17:37.240 Yeah, we're gonna wait. We're gonna wait to after Chris. 0:17:37.320 --> 0:17:43.120 All right, all right, I got you. So here's the question, 0:17:43.200 --> 0:17:45.080 do you want more sauce? You know, we talked about 0:17:45.080 --> 0:17:47.920 the current market. The current condition we're definitely at a 0:17:48.040 --> 0:17:51.360 at a stackflation phase at the moment is very very 0:17:51.400 --> 0:17:54.240 different than what it is of a recession. It's all 0:17:54.240 --> 0:17:57.200 about that, you know, mindset shift. Let's let's talk about 0:17:57.240 --> 0:18:00.800 some bear market statistics, cause again we're definitely gonna hone 0:18:00.840 --> 0:18:04.879 in on that this definitely presents another buying opportunity. It 0:18:04.920 --> 0:18:08.720 presents a second chance. Right over a dozen of corrections 0:18:08.720 --> 0:18:12.680 have taken place since the year two thousand. This, Sha'll 0:18:12.720 --> 0:18:15.359 let you know what, It is totally okay that if 0:18:15.359 --> 0:18:19.000 we have a correction, is very very healthy for that stock. 0:18:19.520 --> 0:18:23.480 Double digit corrections occur on average every one point eight 0:18:23.560 --> 0:18:27.119 five years, subheading them. So it is totally okay that 0:18:27.160 --> 0:18:29.720 if we had a very great twenty twenty one, it's 0:18:29.760 --> 0:18:32.679 totally okay for you for us to have a small 0:18:32.720 --> 0:18:35.680 pullback or enter a beer market. Here in twenty twenty two, 0:18:36.800 --> 0:18:39.680 stocks lose thirty six percent on average in a bear market. 0:18:39.880 --> 0:18:43.800 By contrast, stocks gained one hundred and fourteen percent on 0:18:43.960 --> 0:18:47.359 average during a bull market. Just just think about that 0:18:47.400 --> 0:18:48.919 for a second. I mean, let us sink in for 0:18:48.960 --> 0:18:51.719 a second, thirty six percent to a gain of one 0:18:51.840 --> 0:18:55.159 hundred and fourteen percent. These are the numbers that I 0:18:55.280 --> 0:18:58.240 want you to think about every single day. So let's 0:18:58.240 --> 0:19:00.680 assume that you're gonna invest for fifty year, forty years, 0:19:00.720 --> 0:19:04.159 thirty years. You're trying to realize generational wealth like I 0:19:04.200 --> 0:19:07.960 am myself. Assuming a fifty year investment horizon, you can 0:19:08.040 --> 0:19:11.840 expect to live through about fourteen bear markets, give or take. 0:19:12.440 --> 0:19:15.280 It is totally okay to go through a bear market. 0:19:15.320 --> 0:19:18.560 Why because a bear market percent another opportunity for you 0:19:18.600 --> 0:19:22.119 to buy. Of the last ninety two years of market history, 0:19:22.560 --> 0:19:26.040 bear markets have comprised only about twenty point six of 0:19:26.119 --> 0:19:29.440 those years. Put another way, stocks have been on the 0:19:29.560 --> 0:19:32.359 rise for seventy eight percent of the time. If you 0:19:32.400 --> 0:19:35.639 ask me, seventy eight percent is not a bad number. Actually, 0:19:35.680 --> 0:19:38.359 it's a very lucrative number and definitely percent a lot 0:19:38.400 --> 0:19:41.879 of opportunities for you to buy, reinvest, reinterer, and definitely 0:19:41.920 --> 0:19:47.480 look at other stocks. Now, here's the big question that 0:19:47.520 --> 0:19:51.879 I have for every single person out you know in 0:19:51.960 --> 0:19:54.560 this part of this audience, part of this live is 0:19:54.600 --> 0:19:58.520 your portfolio recession proof? And this is what I really 0:19:58.560 --> 0:20:01.400 want to hone in on. I want every single person 0:20:01.720 --> 0:20:04.840 to really think about your portfolio and the stocks that 0:20:04.880 --> 0:20:06.840 you believe in every single day. Again, I talked about 0:20:06.880 --> 0:20:10.520 how in Miami, Atlanta, when I asked who's the CEO 0:20:10.600 --> 0:20:13.560 of a MD it was crickets in the room. It 0:20:13.600 --> 0:20:16.639 was definitely crickets. You need to understand a couple of 0:20:16.640 --> 0:20:20.159 different things. Who's the CEO. If you do not know 0:20:20.200 --> 0:20:24.480 who the CEO is, honestly, you should not be investing 0:20:24.480 --> 0:20:27.119 in that company. Here's why. When you invest into the 0:20:27.160 --> 0:20:30.120 stock market, which is a proven way for you, you know, 0:20:30.240 --> 0:20:34.160 for you to realize wealth, you're basically hiring the best 0:20:34.200 --> 0:20:38.400 CEOs across the world to make your money grow. If 0:20:38.400 --> 0:20:40.880 you do not know the vision of the company. If 0:20:40.920 --> 0:20:43.760 you do not know that Microsoft's one of the you know, 0:20:43.760 --> 0:20:47.080 one of Microsoft's biggest revenue is actually cloud computing, which 0:20:47.119 --> 0:20:49.480 is Azure. If you do not know what that is, 0:20:49.520 --> 0:20:53.959 are you really investing or are you actually gambling? If 0:20:54.000 --> 0:20:57.199 you do not know the competitive advantage that in Nvidia has, 0:20:58.200 --> 0:21:00.919