1 00:00:00,200 --> 00:00:04,200 Speaker 1: Your financial advisor is driving your yacht, and it's time 2 00:00:04,240 --> 00:00:06,680 Speaker 1: you take it back. Now. In today's world, you're forced 3 00:00:06,720 --> 00:00:09,360 Speaker 1: to invest just to preserve your wealth. But the problem 4 00:00:09,400 --> 00:00:12,639 Speaker 1: is the game is rigged. The very people you trust 5 00:00:12,680 --> 00:00:15,640 Speaker 1: to guide your financial future are making moves that benefit 6 00:00:15,920 --> 00:00:19,120 Speaker 1: them more than you. And the worst part, most people 7 00:00:19,160 --> 00:00:22,160 Speaker 1: don't even realize it's happening. So in this video, I'm 8 00:00:22,160 --> 00:00:25,000 Speaker 1: going to expose how the system is stacked against you 9 00:00:25,400 --> 00:00:28,840 Speaker 1: and how your advisor might be profiting at your expense. 10 00:00:28,960 --> 00:00:30,920 Speaker 1: But more importantly, I'm going to show you what you 11 00:00:30,960 --> 00:00:33,720 Speaker 1: can do to flip the script to protect your wealth 12 00:00:33,760 --> 00:00:36,239 Speaker 1: and grow it faster than they ever will, faster than 13 00:00:36,280 --> 00:00:38,040 Speaker 1: they can, and by the end, you're going to be 14 00:00:38,040 --> 00:00:40,720 Speaker 1: ready to take back control and steer your financial future 15 00:00:40,800 --> 00:00:43,400 Speaker 1: towards real freedom. Now, real quick. If you're near the channel, 16 00:00:43,479 --> 00:00:45,520 Speaker 1: my name is Mark Moss. I've been investing now through 17 00:00:45,680 --> 00:00:49,120 Speaker 1: four economic cycles, booms and busts, and after building multiple 18 00:00:49,120 --> 00:00:52,320 Speaker 1: businesses and having two high value exits, I got wiped 19 00:00:52,320 --> 00:00:55,600 Speaker 1: out in the eight Great Financial Crash because I was 20 00:00:55,640 --> 00:00:58,840 Speaker 1: listening to traditional financial advice. Now, after building it all 21 00:00:58,920 --> 00:01:01,040 Speaker 1: back in a fraction of the time, I've now been 22 00:01:01,040 --> 00:01:04,280 Speaker 1: writing my own financial newsletter for almost nine years, I've 23 00:01:04,319 --> 00:01:08,000 Speaker 1: coached thousands of investors to build well faster without the old, 24 00:01:08,000 --> 00:01:10,600 Speaker 1: outdated advice. And I'm a partner at a leading tech 25 00:01:10,680 --> 00:01:13,600 Speaker 1: VC hedge fund. So grab a pad, grab a pen, 26 00:01:14,000 --> 00:01:17,240 Speaker 1: and let's go. All right, So today we're going to 27 00:01:17,280 --> 00:01:21,360 Speaker 1: talk about unveiling the scam of what's happening to most people. 28 00:01:21,600 --> 00:01:22,880 Speaker 1: And hopefully it's not happen to you, but if it is, 29 00:01:22,880 --> 00:01:24,240 Speaker 1: I'm going to show you how to get out of it. Now, 30 00:01:24,360 --> 00:01:28,360 Speaker 1: the first thing is, I'm calling this the investing industrial complex, 31 00:01:28,400 --> 00:01:31,280 Speaker 1: you know, sort of like the military industrial complex or 32 00:01:31,400 --> 00:01:35,479 Speaker 1: the pharmaceutical industrial complex, or now we have the censorship 33 00:01:35,480 --> 00:01:38,360 Speaker 1: industrial complex. And yes, this is another complex that is 34 00:01:38,440 --> 00:01:41,080 Speaker 1: geared to take advantage of you, but it doesn't have 35 00:01:41,080 --> 00:01:43,080 Speaker 1: to be that way. But first let's understand this system. So, 36 00:01:43,160 --> 00:01:45,880 Speaker 1: because in nineteen seventy one, we went from what's called 37 00:01:45,880 --> 00:01:48,600 Speaker 1: an equity based system, a goldback system, to now a 38 00:01:48,640 --> 00:01:51,520 Speaker 1: debt based monetary system. That means that the debt always 39 00:01:51,560 --> 00:01:53,680 Speaker 1: has to continue to grow. Because of that, they have 40 00:01:53,720 --> 00:01:55,640 Speaker 1: to add more debt to roll over the existing debt. 41 00:01:55,680 --> 00:01:58,720 Speaker 1: And because of that, that means the money supply continues 42 00:01:58,760 --> 00:02:02,360 Speaker 1: to expand, and the money sar supply continues to expand. 43 00:02:02,440 --> 00:02:05,080 Speaker 1: The existing dollars you have in your bank account buy 44 00:02:05,120 --> 00:02:08,799 Speaker 1: you less and less and goods and services. So that's 45 00:02:08,840 --> 00:02:10,480 Speaker 1: why you can see this is a chart of the 46 00:02:10,520 --> 00:02:13,160 Speaker 1: government the debt, and you can see these trend lines, 47 00:02:13,200 --> 00:02:16,320 Speaker 1: and it's going steeper and you can understand that it's exploding. 48 00:02:16,360 --> 00:02:18,560 Speaker 1: So we had this trend line here, then the trend 49 00:02:18,560 --> 00:02:20,880 Speaker 1: line started going up. Then the trend lines then it 50 00:02:20,919 --> 00:02:23,880 Speaker 1: started going up. And how much more can that trend 51 00:02:23,919 --> 00:02:27,280 Speaker 1: line go up. We're going to be going almost straight vertical. 52 00:02:27,560 --> 00:02:29,240 Speaker 1: And so this is what's happening with the debt because 53 00:02:29,240 --> 00:02:32,200 Speaker 1: the money supply has to expand. Now because of that, 54 00:02:32,360 --> 00:02:35,639 Speaker 1: your money buys you less and less and goods services. 55 00:02:35,960 --> 00:02:40,760 Speaker 1: This is showing the percentage of GDP that wage ourners 56 00:02:40,760 --> 00:02:42,400 Speaker 1: make up. So if you're a wage gurner, you know, 57 00:02:42,560 --> 00:02:45,600 Speaker 1: WQ employee, the percentage of GDP for you is going 58 00:02:45,720 --> 00:02:48,520 Speaker 1: down and down and down. That's not a good thing. 59 00:02:48,600 --> 00:02:51,160 Speaker 1: Your purchasing power is going less and less and less 60 00:02:51,360 --> 00:02:54,720 Speaker 1: because of the money supply continue to expand and they're 61 00:02:54,840 --> 00:02:56,800 Speaker 1: printing more and more money. And it looks like this 62 00:02:57,240 --> 00:03:00,680 Speaker 1: as the cost the CPI consumer price inflation up. The 63 00:03:00,720 --> 00:03:03,959 Speaker 1: cost of everything's going up. The reality is that your 64 00:03:04,000 --> 00:03:07,120 Speaker 1: purchasing power is actually going down. So you have to 65 00:03:07,200 --> 00:03:09,600 Speaker 1: understand like this, things aren't getting more expensive. It takes 66 00:03:09,600 --> 00:03:12,000 Speaker 1: more dollars to buy those things. Now. You probably already 67 00:03:12,040 --> 00:03:13,960 Speaker 1: know this, especially if you watch my channel. The reason 68 00:03:13,960 --> 00:03:16,880 Speaker 1: why I'm saying this is because this is how the 69 00:03:16,919 --> 00:03:20,320 Speaker 1: system has to work, and this is why you're forced 70 00:03:20,639 --> 00:03:22,920 Speaker 1: to be an investor. Now doesn't have to be this way. 71 00:03:22,960 --> 00:03:24,480 Speaker 1: We're gonna talk about a sound money system. We can 72 00:03:24,520 --> 00:03:26,520 Speaker 1: get back to that. But let's just think about this 73 00:03:26,560 --> 00:03:28,919 Speaker 1: for a second. Right in the age of capitalism, we're 74 00:03:28,960 --> 00:03:30,640 Speaker 1: able to specialize. I no longer have to grow my 75 00:03:30,639 --> 00:03:32,280 Speaker 1: food and build my house and make my clothes. I 76 00:03:32,280 --> 00:03:34,200 Speaker 1: could specialize and be the very best I could be 77 00:03:34,240 --> 00:03:36,840 Speaker 1: at that role. I could be the very best brain 78 00:03:37,240 --> 00:03:40,720 Speaker 1: surgeon or cancer researcher. But I can't because now I'm 79 00:03:40,760 --> 00:03:43,880 Speaker 1: forced to be a cancer researcher or brain surgeon, and 80 00:03:44,080 --> 00:03:46,360 Speaker 1: I have to be an investor. And if I'm half 81 00:03:46,400 --> 00:03:49,880 Speaker 1: investor and I'm half brain surgeon, I'm not very good 82 00:03:49,880 --> 00:03:53,440 Speaker 1: at either. And so because I'm forced to invest, one 83 00:03:53,520 --> 00:03:56,600 Speaker 1: think about the loss of production and value. The world 84 00:03:56,680 --> 00:03:58,960 Speaker 1: is add because of that. But number two, I only 85 00:03:59,000 --> 00:04:01,280 Speaker 1: have two options. Well, one, I could not invest, but 86 00:04:01,320 --> 00:04:03,480 Speaker 1: I have to. So I have two options. Either one 87 00:04:04,080 --> 00:04:07,120 Speaker 1: I can spend half my time trying to figure out investing, 88 00:04:07,440 --> 00:04:10,400 Speaker 1: or number two, I can give my money to Wall Street, 89 00:04:10,640 --> 00:04:14,960 Speaker 1: to the investing industrial complex. So this whole system was 90 00:04:15,200 --> 00:04:18,360 Speaker 1: set up to benefit Wall Street. You know your funds, 91 00:04:18,440 --> 00:04:21,520 Speaker 1: your fund managers, and all of that. But here's the problem. 92 00:04:21,839 --> 00:04:24,719 Speaker 1: The problem is that while you should be having a 93 00:04:24,760 --> 00:04:27,120 Speaker 1: better life, and your qualified should be going up, and 94 00:04:27,240 --> 00:04:30,040 Speaker 1: you should have a yacht, the problem is your fund 95 00:04:30,160 --> 00:04:32,400 Speaker 1: manager's driving your yacht. And who's your fund manager. Well, 96 00:04:32,560 --> 00:04:34,200 Speaker 1: if you put money into a mutual fund or a 97 00:04:34,240 --> 00:04:38,040 Speaker 1: four to one K or an ira An index fund, 98 00:04:38,200 --> 00:04:40,800 Speaker 1: you have a fund manager. And the problem is, as 99 00:04:40,839 --> 00:04:43,880 Speaker 1: I said, they're driving your yacht. Why is that, Well, 100 00:04:43,880 --> 00:04:45,920 Speaker 1: there's a few reasons why. The first thing we need 101 00:04:45,960 --> 00:04:50,120 Speaker 1: to understand, though, is that your incentives and their incentives 102 00:04:50,160 --> 00:04:53,279 Speaker 1: are misaligned. You see, when I hire people for my business, 103 00:04:53,400 --> 00:04:56,839 Speaker 1: like sales rest people that drive revenue, you know, sales marketing, 104 00:04:57,000 --> 00:04:59,680 Speaker 1: I typically want to pay them on performance. And if 105 00:04:59,720 --> 00:05:02,240 Speaker 1: I pay them on performance, if you sell products for me, 106 00:05:02,400 --> 00:05:05,000 Speaker 1: I will give you a percentage back of the revenue, 107 00:05:05,240 --> 00:05:07,840 Speaker 1: and that way our incentives are aligned. If you make 108 00:05:07,880 --> 00:05:10,080 Speaker 1: me more money, you make more money, right, and we 109 00:05:10,120 --> 00:05:12,320 Speaker 1: win together. The problem is, that's not how it is 110 00:05:12,360 --> 00:05:15,479 Speaker 1: for your fund manager. You see, fund managers get paid 111 00:05:15,600 --> 00:05:18,560 Speaker 1: in different ways, and they mainly get paid in one 112 00:05:18,640 --> 00:05:22,600 Speaker 1: of two ways. Number one, they get paid by managing 113 00:05:22,640 --> 00:05:24,760 Speaker 1: your money. So the longer they can keep your money, 114 00:05:24,880 --> 00:05:26,520 Speaker 1: the more money they make, which is why they tell 115 00:05:26,520 --> 00:05:28,839 Speaker 1: you things like there's no such thing as timing the market. 116 00:05:29,040 --> 00:05:32,240 Speaker 1: It's always just time in the market, So just leave 117 00:05:32,240 --> 00:05:34,000 Speaker 1: your money in right when the markets are going down. No, no, no, 118 00:05:34,120 --> 00:05:36,000 Speaker 1: don't pull your money out. You've seen the movies of 119 00:05:36,080 --> 00:05:37,799 Speaker 1: like the Big shortened things like that, when the markets 120 00:05:37,839 --> 00:05:39,960 Speaker 1: are plunging the stockbrokers are on the phone trying to 121 00:05:40,000 --> 00:05:42,480 Speaker 1: calm their customers down. Don't take the money out because 122 00:05:42,520 --> 00:05:44,920 Speaker 1: they need to manage your money. Number one. Number two, 123 00:05:46,160 --> 00:05:48,720 Speaker 1: they're not really financial advisors as much as they are 124 00:05:48,960 --> 00:05:52,760 Speaker 1: sells reps that sell their company's products. Let's take a 125 00:05:52,760 --> 00:05:55,920 Speaker 1: look so we can see that the mutual funds in 126 00:05:55,960 --> 00:05:59,760 Speaker 1: your plan are often chosen for the wrong reasons. What 127 00:05:59,839 --> 00:06:02,160 Speaker 1: is I mean, well, you don't have the same reasons. 128 00:06:02,360 --> 00:06:05,520 Speaker 1: So four oh one K providers make huge sums of 129 00:06:05,560 --> 00:06:09,000 Speaker 1: money from kickbacks see their sales reps. So when they 130 00:06:09,040 --> 00:06:11,560 Speaker 1: sell their company's products, they make a lot of money, 131 00:06:11,760 --> 00:06:14,880 Speaker 1: and some products make them more money than others, regardless 132 00:06:14,880 --> 00:06:17,599 Speaker 1: if it's good for you. Your four oh one K 133 00:06:17,720 --> 00:06:21,119 Speaker 1: plan is packed full of expensive actively managed mutual funds 134 00:06:21,880 --> 00:06:24,480 Speaker 1: hoping to beat the market, hoping we're going to get 135 00:06:24,520 --> 00:06:27,000 Speaker 1: back to this specifically hoping to meet the market. But 136 00:06:27,040 --> 00:06:29,800 Speaker 1: the studies overwhelmingly show that in due time they will 137 00:06:29,839 --> 00:06:34,039 Speaker 1: often lag the market. So they're putting into products that 138 00:06:34,080 --> 00:06:36,240 Speaker 1: are overvided so they can get huge kickbacks, and they're 139 00:06:36,279 --> 00:06:39,279 Speaker 1: going to underperform the market. Anyway. Most plans do not 140 00:06:39,440 --> 00:06:43,720 Speaker 1: offer access to low cost index funds because why because 141 00:06:43,760 --> 00:06:46,360 Speaker 1: they can't receive kickbacks. They don't want to sell you 142 00:06:46,480 --> 00:06:49,239 Speaker 1: those the good ones because they don't make as much money. 143 00:06:49,240 --> 00:06:51,719 Speaker 1: Sort of like that movie Wolf of Wall Street, right 144 00:06:51,800 --> 00:06:53,359 Speaker 1: he went to go set up his own shops selling 145 00:06:53,360 --> 00:06:56,200 Speaker 1: these pink sheets which are basically garbage. Why because they 146 00:06:56,200 --> 00:06:59,280 Speaker 1: got huge kickbacks on them. Okay, here it says that 147 00:07:00,120 --> 00:07:03,320 Speaker 1: one plan we reviewed offered index funds with a three 148 00:07:03,360 --> 00:07:07,120 Speaker 1: thousand percent marked up, three thousand percent markup from its 149 00:07:07,400 --> 00:07:10,720 Speaker 1: normal retail price. So this is what they're doing. They're 150 00:07:10,720 --> 00:07:14,320 Speaker 1: sales reps. They're not aligned with your incentives. Okay, Now, 151 00:07:14,400 --> 00:07:17,400 Speaker 1: what most people don't really understand is something that's called 152 00:07:17,720 --> 00:07:20,080 Speaker 1: the expense ratio. So this is something that you need 153 00:07:20,120 --> 00:07:22,320 Speaker 1: to figure out if you have money in any type 154 00:07:22,320 --> 00:07:25,920 Speaker 1: of these funds, manage funds. So the expense ratio basically 155 00:07:25,920 --> 00:07:32,160 Speaker 1: breaks down to administrative fees, asset management fees, and marketing fees. 156 00:07:32,240 --> 00:07:34,080 Speaker 1: You got to pay all those so all of those 157 00:07:34,120 --> 00:07:37,760 Speaker 1: that together are the expense ratio. And what most people 158 00:07:37,800 --> 00:07:42,120 Speaker 1: get completely wrong about how this expense ratio is that, 159 00:07:42,160 --> 00:07:45,280 Speaker 1: for example, you think that well, I have to pay 160 00:07:45,760 --> 00:07:49,320 Speaker 1: one to four percent. I have to pay a percentage, 161 00:07:49,640 --> 00:07:53,880 Speaker 1: and they think it's on, for example, your profits, but 162 00:07:53,920 --> 00:07:57,480 Speaker 1: it's not. It's on the whole amount. So regardless of 163 00:07:57,560 --> 00:07:59,120 Speaker 1: how much you make or how much you lose, you're 164 00:07:59,160 --> 00:08:01,120 Speaker 1: paying a lot more than you think you are. And 165 00:08:01,280 --> 00:08:03,720 Speaker 1: what happens is over time, this adds up to a lot. 166 00:08:03,760 --> 00:08:07,880 Speaker 1: So for example, if you're paying three percent fees over 167 00:08:08,040 --> 00:08:11,560 Speaker 1: thirty or forty years, you could pay sixty eight percent 168 00:08:12,680 --> 00:08:16,160 Speaker 1: of your returns to your fund manager, which is why 169 00:08:16,280 --> 00:08:19,160 Speaker 1: they're driving your yacht. Now, let's take a look and 170 00:08:19,160 --> 00:08:22,400 Speaker 1: put this into some numbers so you can understand how 171 00:08:22,440 --> 00:08:24,240 Speaker 1: this is affecting you. So what we can see here 172 00:08:24,280 --> 00:08:26,520 Speaker 1: is what when you utilize a traditional four to one 173 00:08:26,600 --> 00:08:29,960 Speaker 1: K plan, which represents ninety five percent of the plans 174 00:08:30,000 --> 00:08:33,480 Speaker 1: that existence, so yes, you probably have that right now, 175 00:08:33,720 --> 00:08:36,600 Speaker 1: we can see that just one percent and excessive annual 176 00:08:36,640 --> 00:08:39,000 Speaker 1: fees can really add up. How much does it add up? 177 00:08:39,160 --> 00:08:41,880 Speaker 1: What we can see in this hypothetical example here is 178 00:08:41,880 --> 00:08:45,120 Speaker 1: that by starting with the balance of one million and 179 00:08:45,240 --> 00:08:49,199 Speaker 1: changing the fees by just one percent on a seven 180 00:08:49,240 --> 00:08:53,080 Speaker 1: percent annual growth rate, the difference is a million dollars. 181 00:08:53,200 --> 00:08:57,080 Speaker 1: One point one million dollars. That could buy you a yacht. 182 00:08:57,080 --> 00:08:59,319 Speaker 1: But it didn't because you didn't understand how much you're 183 00:08:59,360 --> 00:09:05,040 Speaker 1: paying fees and your fund manager got that. Okay, let's 184 00:09:05,040 --> 00:09:06,600 Speaker 1: give you a couple of other examples. Now, like I said, 185 00:09:06,640 --> 00:09:08,880 Speaker 1: the fees typically arrange from point six to four percent. 186 00:09:09,360 --> 00:09:12,640 Speaker 1: So hypothetically, if you were to put about ten thousand 187 00:09:12,720 --> 00:09:16,520 Speaker 1: dollars invested into your plan over your normal working career, 188 00:09:16,600 --> 00:09:19,480 Speaker 1: let's say thirty five years, that could at a normal 189 00:09:19,559 --> 00:09:22,600 Speaker 1: you know, seven percent rate compound to about one hundred 190 00:09:22,640 --> 00:09:26,280 Speaker 1: and forty eight thousand dollars. That's really good. From ten 191 00:09:26,320 --> 00:09:28,520 Speaker 1: thousand to one hundred and forty eight thousand. That's the 192 00:09:28,600 --> 00:09:30,679 Speaker 1: number they show you on paper. But the problem is 193 00:09:31,000 --> 00:09:33,640 Speaker 1: that out of that you would keep only about forty 194 00:09:33,640 --> 00:09:37,320 Speaker 1: five thousand dollars, while your fund manager gets to keep 195 00:09:37,400 --> 00:09:40,520 Speaker 1: about Well, that's messed up about one hundred and three 196 00:09:40,520 --> 00:09:45,080 Speaker 1: thousand dollars. So you got forty three, they got one 197 00:09:45,160 --> 00:09:47,640 Speaker 1: hundred and three. You took all the risk, they made, 198 00:09:47,679 --> 00:09:50,439 Speaker 1: all the commissions. Hmm. That doesn't seem really fair, does it. 199 00:09:50,559 --> 00:09:54,120 Speaker 1: They end up with more, which is why they end 200 00:09:54,200 --> 00:09:56,640 Speaker 1: up driving your yacht. Now, one other thing I want 201 00:09:56,640 --> 00:09:58,920 Speaker 1: to say about this, real quick is that you end 202 00:09:58,960 --> 00:10:02,320 Speaker 1: up with forty five and you still get to pay 203 00:10:02,360 --> 00:10:05,520 Speaker 1: taxes on that. So think about that for a minute. 204 00:10:05,600 --> 00:10:06,959 Speaker 1: I don't know what your tax rate is, I don't 205 00:10:06,960 --> 00:10:08,280 Speaker 1: know what state you live in a country in, but 206 00:10:08,280 --> 00:10:11,240 Speaker 1: you got to think about that. Okay, Now, hang on, 207 00:10:11,360 --> 00:10:13,559 Speaker 1: it doesn't get better, it gets worse. So something I'm 208 00:10:13,600 --> 00:10:16,440 Speaker 1: calling the Great Fakinging. You guys heard about that book, 209 00:10:16,440 --> 00:10:18,360 Speaker 1: The Great Taking. A lot of people ask me about 210 00:10:18,360 --> 00:10:20,400 Speaker 1: that people want me to make a video about that. 211 00:10:20,440 --> 00:10:21,640 Speaker 1: Drop me a comment if you want me to make 212 00:10:21,640 --> 00:10:24,040 Speaker 1: a video on the great taking. But I'm calling this 213 00:10:24,120 --> 00:10:27,320 Speaker 1: the great fake ining. And with the great fakinging is 214 00:10:27,440 --> 00:10:31,600 Speaker 1: basically where everyone's measuring against a benchmark of the S 215 00:10:31,640 --> 00:10:33,880 Speaker 1: and P five hundred. So when you look at the 216 00:10:33,880 --> 00:10:36,280 Speaker 1: performance of these funds, the mutual funds, the four oh 217 00:10:36,320 --> 00:10:39,120 Speaker 1: one K funds, they're all underperforming. As a matter of fact, 218 00:10:39,160 --> 00:10:43,120 Speaker 1: about ninety percent of mid cap and large cap mutual 219 00:10:43,160 --> 00:10:47,280 Speaker 1: funds are underperforming their benchmarks. But the problem is the 220 00:10:47,320 --> 00:10:50,320 Speaker 1: benchmark is set on an S and P five hundred index, 221 00:10:50,640 --> 00:10:52,600 Speaker 1: which is about seven or eight percent, depending on what's 222 00:10:52,600 --> 00:10:54,839 Speaker 1: time frame you measured in. But the great faking ing 223 00:10:55,000 --> 00:10:57,160 Speaker 1: is the fact that while the S and P five 224 00:10:57,200 --> 00:10:59,719 Speaker 1: hundred is the benchmark and they're all underperforming as a 225 00:10:59,720 --> 00:11:01,560 Speaker 1: matter of fact. You can see this right here. There's 226 00:11:01,559 --> 00:11:03,680 Speaker 1: a scorecard of mutual funds from twenty twenty three to 227 00:11:03,679 --> 00:11:06,240 Speaker 1: twenty twenty four, and you can see that eighty eight 228 00:11:06,280 --> 00:11:12,320 Speaker 1: percent are underperforming. Underperforming what underperforming the S and P 229 00:11:12,480 --> 00:11:15,600 Speaker 1: five hundred index. We can see right here. I pull 230 00:11:15,679 --> 00:11:18,040 Speaker 1: this up on Kora says, in three years, my four 231 00:11:18,160 --> 00:11:21,160 Speaker 1: one kre retirement plant is consistently consistently having a return 232 00:11:21,200 --> 00:11:24,600 Speaker 1: of one point five percent, so it's underperforming the benchmark 233 00:11:24,640 --> 00:11:26,920 Speaker 1: by eighty eight percent or ninety percent. So you're getting 234 00:11:26,920 --> 00:11:30,800 Speaker 1: about one point five percent. That's bad, but again underperforming 235 00:11:30,800 --> 00:11:33,600 Speaker 1: the benchmark. But the benchmark is the problem. So let's 236 00:11:33,600 --> 00:11:36,400 Speaker 1: break this down. The problem is that the S and 237 00:11:36,480 --> 00:11:40,120 Speaker 1: P five hundred looks like on paper it's gone up 238 00:11:40,480 --> 00:11:42,960 Speaker 1: so well, it's averaging seventy percent. I turned ten thousand 239 00:11:42,960 --> 00:11:45,240 Speaker 1: into one hundred and forty five thousand. That's good, right, 240 00:11:45,800 --> 00:11:48,400 Speaker 1: But then why do I feel broke? Why don't I 241 00:11:48,480 --> 00:11:50,600 Speaker 1: feel like I'm more wealthy? Well, partly because your fund 242 00:11:50,600 --> 00:11:52,559 Speaker 1: manager's taking a big piece of it, but more importantly, 243 00:11:53,000 --> 00:11:55,760 Speaker 1: it's because you're not adjusting the S and P five 244 00:11:55,840 --> 00:11:59,680 Speaker 1: hundred gains for real inflation. And I say real because 245 00:11:59,679 --> 00:12:01,560 Speaker 1: what you're the fund manager will show you is adjusted 246 00:12:01,600 --> 00:12:05,640 Speaker 1: for CPI inflation, which is two percent three percent the 247 00:12:05,679 --> 00:12:08,280 Speaker 1: real rate of inflation. If you've watched my channel regularly, 248 00:12:08,280 --> 00:12:10,880 Speaker 1: you know this. The real HURL rate is really around 249 00:12:10,960 --> 00:12:15,520 Speaker 1: fifteen percent. It's the rate of debasement since twenty nineteen. 250 00:12:16,520 --> 00:12:19,840 Speaker 1: The monetary base, the money supply has expanded by ten 251 00:12:19,920 --> 00:12:24,520 Speaker 1: percent a year since twenty nineteen, since twenty twenty ten 252 00:12:24,559 --> 00:12:26,880 Speaker 1: percent a year. How much our homes up in the 253 00:12:26,960 --> 00:12:30,360 Speaker 1: United States about forty percent. How much is the S 254 00:12:30,400 --> 00:12:33,280 Speaker 1: and P five hundred up about forty or fifty percent? 255 00:12:33,520 --> 00:12:35,800 Speaker 1: How much gas is lean up? How much is stake up? 256 00:12:36,600 --> 00:12:38,880 Speaker 1: And you're starting to see the rate of debasement is 257 00:12:38,920 --> 00:12:41,800 Speaker 1: the real inflation number. So what we do to see 258 00:12:41,800 --> 00:12:43,400 Speaker 1: this the real way, not the way the government shows 259 00:12:43,440 --> 00:12:45,520 Speaker 1: it to you, or if fund manager is we take 260 00:12:45,559 --> 00:12:48,120 Speaker 1: the S and P five hundred and we divide it 261 00:12:48,200 --> 00:12:53,560 Speaker 1: by the money supply and warning disturbing chart. What we 262 00:12:53,600 --> 00:12:55,840 Speaker 1: can see when we do that is that the S 263 00:12:55,880 --> 00:12:59,120 Speaker 1: and P five hundred has not made a new all 264 00:12:59,160 --> 00:13:02,680 Speaker 1: time high since the year two thousand. As a matter 265 00:13:02,720 --> 00:13:07,240 Speaker 1: of fact, it's down twenty two percent since the year 266 00:13:07,280 --> 00:13:10,120 Speaker 1: two thousand. That means that if you put all your 267 00:13:10,120 --> 00:13:11,679 Speaker 1: wealth in the S and P five hundred in the 268 00:13:11,720 --> 00:13:14,480 Speaker 1: year two thousand, it buys you twenty two percent less 269 00:13:14,480 --> 00:13:17,160 Speaker 1: goods and service today, even though on paper it looks 270 00:13:17,160 --> 00:13:19,600 Speaker 1: like you've made a lot. Now that you understand this, 271 00:13:20,240 --> 00:13:23,640 Speaker 1: and then you understand that your mutual funds, that your 272 00:13:23,720 --> 00:13:28,160 Speaker 1: fund manager has you in are underperforming this by ninety percent, 273 00:13:28,440 --> 00:13:30,680 Speaker 1: and it's no wonder why the quality of your life 274 00:13:30,760 --> 00:13:34,600 Speaker 1: is not getting ahead. Now that sounds bad. Oh, and 275 00:13:34,679 --> 00:13:36,960 Speaker 1: I didn't say I forgot to say this part. This 276 00:13:37,080 --> 00:13:40,400 Speaker 1: is exactly why raid Aalio is having the great fall 277 00:13:40,440 --> 00:13:42,400 Speaker 1: from grace. If you will, raid Allio was the greatest 278 00:13:42,400 --> 00:13:44,439 Speaker 1: investor in the world, Bridgewater Capital, the biggest fun in 279 00:13:44,440 --> 00:13:47,079 Speaker 1: the world. Tony Robbins is writing books about raid Aalio, right, 280 00:13:47,960 --> 00:13:51,080 Speaker 1: except for the problem is that his famous trade is 281 00:13:51,200 --> 00:13:54,760 Speaker 1: sputtering and investors are bailing. As a matter of fact, 282 00:13:54,760 --> 00:13:58,200 Speaker 1: he's had over seventy billion dollars in redemptions. That means 283 00:13:58,200 --> 00:14:00,559 Speaker 1: people pulling their money out in the last thirty six 284 00:14:00,600 --> 00:14:04,640 Speaker 1: months his fund. His famous trade doesn't work, and as 285 00:14:04,679 --> 00:14:06,160 Speaker 1: a matter of fact, it hasn't really worked since two 286 00:14:06,200 --> 00:14:09,080 Speaker 1: thousand and eight. And the problem is, even if it 287 00:14:09,120 --> 00:14:12,920 Speaker 1: did work, it was still using the wrong benchmark, which 288 00:14:12,920 --> 00:14:15,200 Speaker 1: is why none of this is going to work for 289 00:14:15,240 --> 00:14:16,839 Speaker 1: you if you really want to increase the value of 290 00:14:16,840 --> 00:14:19,640 Speaker 1: your life. Okay, so enough with the badu is. Let's 291 00:14:19,640 --> 00:14:21,720 Speaker 1: get to the good news. So then, what what are 292 00:14:21,760 --> 00:14:24,080 Speaker 1: you going to do about it? Well, what we should 293 00:14:24,200 --> 00:14:28,600 Speaker 1: be doing instead is number one managing our own money. Yes, 294 00:14:28,760 --> 00:14:31,160 Speaker 1: manage your own money. Now, I know this sounds canterintuitive 295 00:14:31,200 --> 00:14:35,880 Speaker 1: because the Wall Street, the investment, the investment what what 296 00:14:35,920 --> 00:14:40,040 Speaker 1: do they call it? Well, the investment industrial complex has 297 00:14:40,520 --> 00:14:44,760 Speaker 1: made it seem so complex that you have to work 298 00:14:44,800 --> 00:14:46,360 Speaker 1: with them. But the problem is we should be managed 299 00:14:46,400 --> 00:14:49,080 Speaker 1: your own Think about this. Think about how much time 300 00:14:49,160 --> 00:14:52,400 Speaker 1: you spend going to school twelve years, university four or 301 00:14:52,440 --> 00:14:55,520 Speaker 1: five years, I don't know, PhD, masters whatever. Add that up. 302 00:14:55,720 --> 00:14:57,840 Speaker 1: Then you're in your career. How much time have you 303 00:14:57,880 --> 00:14:59,840 Speaker 1: put into your career extra seminars, things like that, wor 304 00:15:00,120 --> 00:15:03,040 Speaker 1: late to get your advanced script. You put hundreds, thousands, 305 00:15:03,080 --> 00:15:05,680 Speaker 1: tens of thousands of hours into figuring out how to 306 00:15:05,720 --> 00:15:08,400 Speaker 1: make money. But how much time have you put into 307 00:15:08,520 --> 00:15:11,520 Speaker 1: what happens with your money after you make it? You see, 308 00:15:11,680 --> 00:15:13,600 Speaker 1: most people spend tens of thousands of hours to make 309 00:15:13,640 --> 00:15:15,880 Speaker 1: money or make more money, and then what just give 310 00:15:15,920 --> 00:15:18,760 Speaker 1: it to a fund manager and whatever happens happens. Why 311 00:15:18,800 --> 00:15:22,600 Speaker 1: wouldn't you spend ten hours or one hundred hours figuring 312 00:15:22,600 --> 00:15:24,360 Speaker 1: out how to manage your own money. It's not really 313 00:15:24,440 --> 00:15:26,600 Speaker 1: that hard, not as hard as they make it seem, 314 00:15:27,000 --> 00:15:30,560 Speaker 1: especially when you can just follow other expert advice people 315 00:15:30,640 --> 00:15:32,720 Speaker 1: like me where I give you information. Okay, Now, the 316 00:15:32,800 --> 00:15:35,160 Speaker 1: key to this is stick to your core competency. If 317 00:15:35,200 --> 00:15:37,240 Speaker 1: you follow Warren Buffett at all, he's a pretty good 318 00:15:37,280 --> 00:15:38,960 Speaker 1: guy to follow. He's made a lot of wealth. He 319 00:15:39,000 --> 00:15:41,760 Speaker 1: talks about sticking in your deal box. This means that 320 00:15:41,800 --> 00:15:44,680 Speaker 1: I'm only investing into my core circle of competcy. That 321 00:15:44,720 --> 00:15:47,800 Speaker 1: means things I know, things I understand, things I like, 322 00:15:48,000 --> 00:15:50,840 Speaker 1: things I'm interested in, because now I'll do better. Legendary 323 00:15:51,040 --> 00:15:53,680 Speaker 1: hedge fund manager Peter Lynch said that the average person 324 00:15:53,960 --> 00:15:56,560 Speaker 1: could beat Wall Street if they just walked down Main Street, 325 00:15:56,720 --> 00:15:59,280 Speaker 1: saw the products they liked, and bought those instead. So 326 00:15:59,320 --> 00:16:02,280 Speaker 1: to buying things that you know, like and understand. Now, 327 00:16:02,520 --> 00:16:06,720 Speaker 1: I typically think about three different positions. Number one, start 328 00:16:06,840 --> 00:16:10,120 Speaker 1: was invested in a business. Now, technically all investments are businesses. 329 00:16:10,160 --> 00:16:12,320 Speaker 1: So you think about Warren Buffett. Warren Buffet said that 330 00:16:12,360 --> 00:16:16,760 Speaker 1: I don't buy stocks. I only buy businesses. They just 331 00:16:16,800 --> 00:16:19,400 Speaker 1: happen to be publicly traded. You see, he doesn't think 332 00:16:19,400 --> 00:16:21,360 Speaker 1: about it as buying stocks. He thinks about as buying 333 00:16:21,360 --> 00:16:23,360 Speaker 1: a business. And so whether it's a small mom and 334 00:16:23,400 --> 00:16:25,320 Speaker 1: pop business down the street. It's your own business that 335 00:16:25,320 --> 00:16:27,400 Speaker 1: you start up or big businesses. Think about investing in 336 00:16:27,400 --> 00:16:29,680 Speaker 1: a business and specifically your own business that you can grow. 337 00:16:29,760 --> 00:16:32,360 Speaker 1: Number two, I like to invest in what I call 338 00:16:32,400 --> 00:16:34,960 Speaker 1: this quantum wave cycle. If you've been following me, you 339 00:16:35,040 --> 00:16:37,280 Speaker 1: know what that is. The quantum wave cycle is every 340 00:16:37,360 --> 00:16:40,640 Speaker 1: fifty years, there's a new batch of technology that shifts 341 00:16:40,640 --> 00:16:42,040 Speaker 1: the direction of the world, and it's the only place 342 00:16:42,120 --> 00:16:45,520 Speaker 1: really to invest. If you want to make twenty thirty 343 00:16:45,560 --> 00:16:48,520 Speaker 1: times fifty times returns on your money, then you need 344 00:16:48,600 --> 00:16:51,280 Speaker 1: to be invested into these assets. In that right now 345 00:16:51,360 --> 00:16:55,880 Speaker 1: is decentralization, Bitcoin, cryptocurrencies, AI, things like that. If you 346 00:16:55,920 --> 00:16:58,080 Speaker 1: want to know more about that and like how this 347 00:16:58,120 --> 00:17:00,480 Speaker 1: cycle works in four phases and the assets that we're buying, 348 00:17:00,720 --> 00:17:03,080 Speaker 1: I'm going to be doing a live presentation breaking all 349 00:17:03,160 --> 00:17:05,560 Speaker 1: this down next week. I'll show you the four phases, 350 00:17:05,600 --> 00:17:07,639 Speaker 1: how we're going into phase two right now, and what 351 00:17:07,880 --> 00:17:10,920 Speaker 1: assets I'm buying right now to position myself for that. 352 00:17:11,119 --> 00:17:12,639 Speaker 1: It's all free. I'll put a link down below if 353 00:17:12,640 --> 00:17:14,439 Speaker 1: you want to come hang out, open up Q and A. 354 00:17:14,480 --> 00:17:16,240 Speaker 1: You can ask me whatever questions you want, So check 355 00:17:16,280 --> 00:17:18,800 Speaker 1: that out. I'll put a link down below. So business 356 00:17:18,960 --> 00:17:21,439 Speaker 1: in this quantum wave, in this technology, and then I 357 00:17:21,480 --> 00:17:23,239 Speaker 1: invest in the real estate. I invest in the real 358 00:17:23,280 --> 00:17:26,800 Speaker 1: estate for tax efficiency and for cash flow. So each 359 00:17:26,920 --> 00:17:28,960 Speaker 1: part of this has a little bit to do with 360 00:17:29,040 --> 00:17:31,159 Speaker 1: different parts of my portfolio. But the key piece is 361 00:17:31,920 --> 00:17:34,600 Speaker 1: I manage this. I don't have a fund manager holding 362 00:17:34,600 --> 00:17:36,200 Speaker 1: my hand in real estate. I don't have a fund 363 00:17:36,200 --> 00:17:39,119 Speaker 1: manager holding my hand on these technology assets I'm buying 364 00:17:39,400 --> 00:17:42,600 Speaker 1: or on the businesses that I start. Now, I have mentors, 365 00:17:42,920 --> 00:17:46,399 Speaker 1: I have coaches. I have a business coach, right, I 366 00:17:46,520 --> 00:17:48,879 Speaker 1: coach people on investing through these cycles. I have a 367 00:17:48,920 --> 00:17:51,440 Speaker 1: fund as well. And then I manage my own real estate, 368 00:17:51,480 --> 00:17:53,600 Speaker 1: and I also have mentors in real estate as well. 369 00:17:53,680 --> 00:17:55,800 Speaker 1: But the key is that I manage my own and 370 00:17:55,840 --> 00:17:58,200 Speaker 1: while I may pay thousands of dollars here and there, 371 00:17:58,760 --> 00:18:02,640 Speaker 1: they're not driving my because they're not taking fifty, sixty 372 00:18:02,760 --> 00:18:05,639 Speaker 1: or eighty percent of my profits. So the key is 373 00:18:06,119 --> 00:18:08,440 Speaker 1: take control. That's what you gotta do. Instead, don't let 374 00:18:08,440 --> 00:18:10,520 Speaker 1: your fund manager drive your yacht. I'd much rather see 375 00:18:10,560 --> 00:18:12,400 Speaker 1: you driving it and have your quality of your life 376 00:18:12,400 --> 00:18:14,600 Speaker 1: go up. So let me know what you think about that. 377 00:18:14,840 --> 00:18:16,040 Speaker 1: Give me thumbs up if you like the video. If 378 00:18:16,040 --> 00:18:17,679 Speaker 1: you don't, you can be thumbs down. That's okay. At 379 00:18:17,800 --> 00:18:20,200 Speaker 1: least tell me in the comments why I'm always trying 380 00:18:20,200 --> 00:18:21,879 Speaker 1: to give the best value that I can for you. 381 00:18:21,920 --> 00:18:24,560 Speaker 1: Subscribe if you're not already subscribed, and that's what I 382 00:18:24,600 --> 00:18:26,760 Speaker 1: got a right to your success. I'm out.