Love to welcome everybody to the independent investor channel livestream. I was you know wondering what's driving people to be so angry nowadays It's because the cost of living has just gone through the roof and seemingly there's no hope No hope for the little person for you guys that are new to the independent investor channel message We do this on a every Friday on a weekly basis to truly Truly foot stomp the opportunity that individuals have To identify opportunity where seemingly it doesn't appear that there is no Opportunity we've rolled off Significantly a quite a give-back this week and in the markets I'll declare the portfolio Updates for you guys. I just did the review just a couple minutes before coming live tonight I was actually pleasantly surprised. It seemed a lot worse than than what what shook out in the numbers And it just proves Some of those tried and true fundamentals that we foot stomp and I think a lot of people They like to come into the message and hear those reiterations of what works in the market. I Was brought to an extremely awesome and it's a youtuber that I hold in the highest of regards I I've been very very vocal on who I think the best on YouTube is and for me it goes no further than Gen X dividend investor number one as far as quality content But actually the best channel I think out there going probably does not receive the accolades that he deserves Is Joe Carlson Joe Carlson? I think is probably number one on that list fantastic message today really contrasting the the job the burry Michael Burry and Liquidating his entire portfolio and reaction to what's going on and really just discussing how for a Michael Burry that can make sense And for himself and and many of the grander Retail investor community it might not make sense Dealing with a significant amount less in net worth Understanding that the long-term game is probably the only game that we need to be playing as retail investors so if you're losing patience on this market by getting caught up in the euphoria of Following markets and you know last week. I mean earnings came through was a great earnings season actually so You know, this is just a digression. Technically it hit the 200-day moving average at that digress off of those levels, which is Totally totally normal Whether or not this is a technical bounce or something more fundamental. I know any anybody is Probably going to have their best educated guess as to what's going on I just had a great discussion with Bob behind the scenes and I just appreciate the heck out of him coming on and And getting to talk to me as part of the reason why I just enjoy the heck out of doing this message Kind folks that I get to come on and and interact with and Becky's one of them. Good evening to you It's great to see you Becky and it's kind of the strength collectively knowing that we're all Deploying individual programs out there And trying to get ahead in this life is what we're trying to To to to foot stomp and I think a lot of the discontent. I think anymore is People are figuring out that no matter where you are in the world And no matter where you're trying to transact and piece together of a normal life for yourself and your family There's always somebody there to take a piece of your transactions.  I have not a lick of history in my driving history. I had to take a hundred percent increase in my Insurance premiums for my autos Transactions right now Everybody doesn't know where the housing market's gonna go. Is it gonna go up? Is it gonna remain static? Is it what's it gonna do? Everybody's trying to get a piece of our transactions and Financial planning is no different than that. It was the very root as to why I came out with the channel to suggest to people that Perhaps maybe the best way of protecting the integrity of your Specific equities purchases whether or not you purchase mutual funds whether or not you purchase ETFs Whether or not you opt to purchase, you know ETF index funds whether or not you opt to purchase, you know Single-stock investing the integrity of those transactions are what we are looking to advocate for and that is the very essence of the channel That's the very essence of the channel Being an independent investor rigs your accounts of all of the middleman fees that the very Transactions that we talk about the very sacred nature of protecting the integrity of those Roth IRAs that we're all looking to build Looked at the accounts tonight, and I thought man, you know, we're doing exactly what it is that we have set out to do I looked at the thrift savings plan tonight, which is my if you want to relate with that I see Dave and the group here man very cool stuff Shot out to my brother here Dave, and I hope all is well my friend. It's great to see you this evening, man Very cool stuff But I was looking at my thrift savings plan performance year-to-date, and I'm up five point two four percent in the account and How is that is it because I timed the market? No It's really because I increased you guys know and I declared this when I went from 10 percent to 20 percent of my income To double that up and I did it right in the face of adversity. I did it right in the face of when it's probably The toughest to do it In other words had I followed the crowd and listened to all of the rhetoric out there on the marketplace? I would have been more prone to sell everything Like Michael Burry did and Joe Carlson did a great job of drawing a distinct Separation between a lot of people may be following on Michael Burry into that mentality As opposed to just staying true on a long-term program, which is What I try to bring home look if I was just coming on and I was talking about those tried and true fundamentals of dollar-cost averaging Without the actual proof it would be a little bit different, but it did nothing but prove to me that this stuff works I think there's a few things I'm going to go over a list tonight of some things tried and true lessons of Investors that I think you can adhere to and take a lot of the guesswork out of this deal You really can you can make it a lot easier than what? everybody in the short term would have you believe and I tell you what I keep going back to the Propaganda that is being sold to individuals, especially through CNBC, which is one of my favorite channels to watch But make no mistake about it guys. I very rarely actually listen to the commentary I'm actually watching the ticker tape If I could have an app that just gives me the ticker tape, I'd love it because I read the ticker tape I don't listen to the commentary so much in the interviews that come through because I'm really not that interested in Digesting what it is that people want me to hear at that very moment because in the moment It doesn't really matter It doesn't matter what's happening in the acute if you are in fact a long-term investor If you're a long-term if you're a short-term trader no problem It's just that's not the that's not my message. There are people out there that may teach you How to I guess trade successfully in the market. I tell you what anybody who can guess this market I tip my hat to you. I'm not one of them And I think there's a lot of people out there that are looking at this market and they're just as confused as I am There's professionals alike can't figure it out one week. It's going to do one thing one week It's going to do the next I Think you should probably just take on a posture of Not being reactive over markets rather just taking a step back and looking at financial markets and saying You know what I want to participate in financial markets And that's it the only way that I can do that is to buy Good quality equities and fund those equities up over time And we say it in a thousand different ways on the channel, but it's amazing to me how that very tried and true Fundamental of wealth building escapes a lot of people now There's certain different elements of pedigree that you can put different Emphasis on in your portfolio if you want to put a little more emphasis in dividends You can do that if you want to put a little more emphasis in cash depending on what your age is I had a great talk with Bob about this and I thought you know what what? What is the harm in putting a little bit of money to cash? It was the biggest deposit that I've made this week was into cash Of all things this week the biggest deposit went into into cash That's just what felt right the equities that I own. I'm happy with I don't want to Liquidate those positions. I would be liquidating some positions at some fairly heavy losses and and The question is my 80-share position in Amazon right now Is it a position that I think is going to materialize over the next five to ten years? The answer is unequivocally. Yes, so what am I saving by liquiding that position now in the short term for my my what? My my my mental sanity. I Don't I don't get it so I can Remove myself and and make myself immune from the day-to-day Fluctuation that an Amazon can deliver from day-to-day Right, so when I put it in that context it kind of makes sense to just say look Do you want to be an investor in an Amazon? Do you want to own Google for the future? Do you want to own Microsoft Apple here is at an all-time high? I'm back in the black with Apple as well These are names that you just want to hold and probably deploy a very interesting philosophy, I guess of just holding and never selling Some of the cells that I've done in my career have been the biggest mistakes I've ever made and I think for you guys that are looking to take this Independent path it is definitely more of a defensive posture to say you know what I'm just going to enter into the market a little more careful Okay, there's there's companies that are always looking to have the needle in a haystack, you know any opinions on Nicola Yeah, I have opinions on Nicola. I took my opportunity to enter back into the long calls So I did that this week actually that was one of the two buys that I made actually this week If you guys follow me on Twitter, you know my discontent for You know that the progress that's being made with highly on and it's not personal It's a lot of along the lines of what I think about what is materialized over the last couple years and Nicola is not a Maintain any of this. I think Nicola at a three billion dollar market cap probably deserves more scrutiny Than less and I think Nicola gets a lot of favor in the marketplace and if you're truly asking for my opinion I'd like to see all of these companies succeed. I really would I think they're making Very very important contributions to the technological advancements along these fronts And I'd like to see them make it. I really would I'm very very disappointed at the Nicola camp and highly on camp but at odds with each other I don't understand that it is business as far as me and between me and you I have people and JJ You might be one of them to come on and try to ruffle my feathers This is this is hardly on my priority list to engage in this I own them both and You know, I'm I'm I'm excited to see the progress. I'm a lot less bullish with Nicola. Just You know, I there was a head-to-head comparison. I think from the CEOs I saw a tweet come through that showed that the Nicola executives already in three and stated a $450,000 salary. I thought that was kind of funny because that was one of the big the big deltas as far as Thomas Healy You know earning his his salary pay for CEO and you know, I agree I don't think they should get paid squat and I think people's Answers when I give it to them. It surprises them because I don't I have my own opinion about what's going on I I think if I make money with this opportunity, whether it be with Nicola or highly on To be honest with you JJ, they're both stupid investments. Okay, you just be better served buying the market And and that there is prudent advice my friend and that's why at least I hope maybe it's because you come on and want to Ruffle my feathers. I think it's fun to do because I do get fired up. I'm an impassioned fella, you know I'd like to see these companies succeed. I really would but With with the top-end revenues these folks are making they're anemic they're embarrassing and quite frankly They're not they're not good investments right now. We're not investing in these companies right for right now We're investing in these companies for where they could be within the next Let's say one year. I'm down to about the end of 2023 for highly on Which was conveniently shifted to the right on this last earnings call nobody talked about it and it could very well be the reason why the stock has slipped a little bit since earnings but You know, do you think that they're going to turn out thousands of orders at the end of 2023 now? No, it doesn't I don't get any sense of urgency at all from this management. I think Thomas Healy and Sherry Baker They do a great job of selling a very elegant story When they come on to the earnings call But the fact of the matter is the company's not going to earn more than three million dollars of top-end revenue That's horrible. That's horrendous and quite frankly the company shouldn't have been allowed to come public They did if they make it it's going to be the greatest success story ever And quite frankly Nicola where they came from and what they're looking to do I'm fascinated by the hydrogen fuel cell story, but from a From a molecular level. I don't see it being as that good of an energy source It's you're using energy to Split up a molecule so you can use hydrogen as as energy. The problem is it's hard to transport It's hard to store Hydrogen it's just difficult now if the technology isn't being advanced enough to where I don't cover Nicola the way I do highly on so I can scrutinize on both ends but I just don't see the bottom line TCO for the fleets picking up Nicola I don't and I just they're not being scrutinized the same way that highly on is being scrutinized They're not in that if Nicola is going to succeed. They're gonna have to sell thousands of units. Would we both agree with that? Yes, and I just I just don't I don't see that their path to selling Thousands of units is as easy to achieve Then it is for highly on now I say that tongue-in-cheek because highly on has to make some Real strides with this OEM front, you know my question of highly on into Peterbilt Now I've lost a little bit of faith in highly on I've lost a little bit of faith because of what they've said and Failed to deliver on so I now I'm stuck questioning everything does the relationship with Peterbilt need to be questioned Do they have the possibility? With this relationship that they have with Peterbilt where Peterbilt's just gonna sit back and say sure highly on come on no problem We'll go ahead and deliver 5,000 units out of our 55,000 unit Projections per year so that you can become a three four five ten million billion dollar company Well, we'll just go ahead and do that for you now if there's in it something in it for Peterbilt So be it Furthermore if there's something in it for Cummins to acquire highly on which honestly guys every day that goes by seems like a more Foregone conclusion for me Highly on it's got its work cut out for it Just no doubt about it and to turn out Thousands of units when they're so reliant upon somebody else to make those thousands of units.  I don't believe in any of that I don't believe any of it is is is true and I think you guys could probably be just as phenomenal in investing by staying close to the vest Deploying some tried-and-true fundamentals to this game and wealth building the correct way Dare I say is it a stupid investment? The verdict is still out. It's a young company. We'll see where we are I have a time horizon and I'm willing to see it through Hylian is in that new portfolio goodness nice He thinks maybe Ryan seeing something look if they come through on a few of these catalysts, I believe that they will achieve Certification I believe that they will they'll receive their carbon. It's a certification which is going to be huge My question really is how to what extent is Peter built going to turn out these highly on units from the line because highly on Cannot do it themselves. That's the golden question right there and you know It just you can only be told so many times about Doing certain things and expecting certain things and having all orders to go you know that never come to fruition and Boy, it becomes frustrating and it's really a humbling thing. It just goes to show The road that I'm walking with this company. I wouldn't wish upon my worst enemy I wouldn't and I know there's there's folks that are extremely bullish on this company to the point of almost being a little bit naive and And I know they love me when I come on and I cheerlead for the company and I put out free advertising form Every Sunday, I'm getting tired of that to be honest with you guys. I'm getting tired of it It's not appreciated. You know Thomas see Lee will come out and he'll put out a video He'll get 500 views. I could I piss 500 views in the first hour of my videos, you know And I'm just a little niche of independent investor corner of YouTube social media And I do it because I want but there's people who are interested in the story Whether or not it comes to fruition or not is yet to be seen I I hope they make some real strides and we can get this Stock up to you know, a little bit more respectable level I just any any momentum at all with stock is is quickly pissed away and it just it just unbelievable to me, you know Some of the things and I listened during the call and I gave a neutral perspective on the call the q2 call that they just completed But to be quite honest with you, there was a few things said that were coming They're very negative to me and and Sherry Baker was one of them She said well if we're gonna take the new trucks and install the hybrid unit on them They are going to be in the low single digits Like what do you mean like three? How many possibilities do you have in the low single digits guys? Five right and you're expecting that to move the needle guys That's that's freaking embarrassing and it's unfortunate that I'm the only one actually that Offers these business criticisms and and then I've got to sit through a tweet today of Thomas Healy trying to educate the world on His electrified positioning of the battery packs on the chat chassis.  Get the work, you know, I Just I don't understand it anymore and I it's it's almost like it's crazy I talk about the transactions nowadays everything's more expensive. I live here in New York This is the this is the epiphany if everybody wants to come to New York and live It wouldn't show living here because it seems like everybody here is pissed off Everybody they're all mad because they none of them here can afford to live here honestly I mean the way to live here is just to be a bum on the street and just go to Manhattan and just be a bum Is it's it's awesome. It's badass. I could probably earn $50,000 a year just putting my hand out and just looking pathetic. I What why work? Still on the towel I Come back to this Belief that hard work does eventually pay off That it is possible to look at the fundamentals of a company and and and believe that eventually the the hard work will pay off Do I think Thomas Healy is a dishonest guy? Of course not. Of course. I don't But boy, I tell you what if if Thomas Healy can't just take If Thomas Healy just can't take a step back and say, you know what we are very lucky to be in public markets right now There's a company that I just purchased today, which is parcel pals. I'll be rolling out a profile video this week It's already completed Let me just break it down for you. This is a $15 million market cap. It trades for less than two cents a share Okay, two cents a share mind you they logged in Q1 2.7 million dollars of top-end revenue 2.7 highly on is looking to do between two and three million of top-end revenue and they are a 778 million dollar company Numbers just don't jive do they? This company parcel pals. It's headed up by CEO Rich Willis, which we will be interviewing him Hopefully as early as next week as well is working with companies in the likes of Amazon Have we heard of this company Cisco? Care RX for the delivery of our health good health care services medicines and and the like Have branched out with two strategic contracts out of which I cannot disclose during the live stream But I've been made preppy to those and I'll let the CEO share those with you guys to stay tuned for that They reduced their debt from 1.1 million the company very fiscally conservative down to 378,000 so a reduction of 74% on their debt load Their highest quarter of earnings came in Q4 of last year 2021. They logged 3.4 million dollars of top-end revenue and the company is expected to be EBITDA profitable in between Q3 and Q4 of this year This is a 15 million dollar company 15 It's trading at one time's book So people wonder why I get pissed off list looking at the highly on thing and I'm like you guys have had a yellow brick Road paved in front of you You should be working 24 hours a day seven days a week. Oh, Ryan.  Evidently another planet where hard work is actually acknowledged.  You're making five million dollars a year the company that I speak about rich wheel is took a Cut for incentive pay for top-end executives Not because the company wasn't doing good things. No, no, no They were doing great things But because of the eyes of the stock market the stock had been driven down in all of this volatility and sell-off That they thought that it was a prudent move to become even more fiscally conservative in an environment where they have Achieved not one but two acquisitions that as they're looking to penetrate the West Coast You guys are gonna want to stay tuned for that. I've purchased 22,500 shares of the company I purchased those shares today And I'm happy to disclose that purchase to you guys have a little fun with it costs less than five hundred dollars Throw a five hundred dollar bill at a company that I looked at the fundamentals and I was like, well, all right Yeah, I'll probably lose this too. Like I've lost everything for the last year.  All right. This is why I'm not popular on YouTube. I'm sorry. I I'm not gonna buy a theater Where the prestige of going to the theater anymore is just about up there with the prestige of going to bed bath and beyond Put that in your pipe and smoke it. No, sir. Rhee up by Costco By Costco, there's a business model that's gonna be around 10 years down the line, right? But I just it's very very frustrating for me to try to wrap my mind around the strategic Urgency in this company I'm urgent in my dealings with my little business that could That makes a little bit of revenue per year I do turn a profit with the independent investor channel that which is my DBA cornerstone capital solutions very very Very very successful little venture I have here the difference between my venture and some other ventures that I see is I'm the one in charge. I don't answer to anybody I'm the one who ever sees the integrity of the transactions within my business And that's probably what separates me from the masses You have the ability to take a page out of my playbook And when you purchase an equity within your self-directed Roth IRA account That Transaction is yours, baby. It's yours. And if you've never thought about it in that regard You can thank me later It can make the difference of tens of thousands of dollars lost along the lines to the middleman Because your transaction has a lot of people that are after that transaction to help facilitate you along I mean, let me fluff that ass a little bit, but I'm gonna take my percentage I'm gonna take my percentage a little bit at 3% not so bad and take my percent. There you go. I volunteer that it's okay It's not so bad. It's not so bad. Is it Penelope? It's not so bad. It's all good, right? I've got to try to see it my way man be a little be a little bit more aggressive with this You know I'm saying it's what you got to do. All right be a little bit more about action and a lot less about Words that's what you got to do A lot more about action and a lot less about words It's certainly not as bad as It was perceived to be this week, that's for sure Would we all agree? Is a little plug for Warren Buffett Warren me and Warren man. We're tight tough, baby Ah, he says I'm just entertaining one of the vipers right now, that's all man. I'm just a human being trust me. You cut me open. I'll bleed That's one of my taglines.  It's good stuff man Rebecca says she's listening in fantastic to see it. It's great to see you awesome stuff great to have the crew here And I know JJ. I appreciate you coming in man. You're pretty devote I think I I think I made you an admin last time I listened man. I love the dialogue man Don't get me wrong. I just I don't understand I I feel kind of in some people are like really after Paul too, and I'm just like dude I I don't know the guy. I don't know the guy personally man If he came on the channel and we did a bowls and beard debate I would take the bull side of highly on no problem, and it would be great He would have a great time He really would because I'm very respectful man I'm very aware we can light it up too, and and I won't be disrespectful I won't it'd be a lot of fun. It'd be a lot of fun for everybody to see and Really try to get to some of these things because some of the things he says I I agree with to an extent to an extent But but but I just think okay Well, what's the decision point is it that you don't want to invest in the company now based on these observations? Are those observations gonna matter nine months twelve months down the line and and my my idea is that? It may not matter these these companies are changing so radically if you just look at Nicola and look at highly on over the last couple years and look at the roadmap that they followed Incredible progress and Paul made a point on his video. It was a comparison I think it was a bullbear type of debate to suggest that Nicola is further along the line Then highly on I couldn't agree more. I couldn't agree more, but they should be This is a three billion dollar company. They came to markets before they built their own factory They should be able to kind of control their own fate a little bit highly on by their own admission is not Ready to take that step in their progression along their timeline. It's just that simple, okay? Nicola flew out bears workshop highly and should have done the same for right jeez. I don't know I guess so I you know, it's amazing to me. It's interesting how many people seem to know what it is that's best for me and I have a pretty good idea about what's best for me And I pay very little attention to what is best for you You guys can have a little whip that ass out of my playbook like man have it I don't you look man. You want to get ahead in life or do you want to become you want to be a lemmings like everybody else? You want to be a minion fine paint yourself yellow? I don't care Yeah, you gotta have a little badass. I I don't know what else to tell you man in this in this life with the amount of French warfare out there on the streets man. You got to have a little badass. Okay, you got to know Not think you know, but you got to know what you got And you got to be willing to defend that at all cost man. They really do Know where you're come from. That's why people come and they talk to me man, because I definitely do I definitely do I don't profess to be perfect, but I damn well do know what what what I bring to the table. I know and It helps immensely keep me grounded It helps me immensely even in an environment where I'm losing patience Right to try to come back and understand that there is another side to this perspective There is another side to this coin and I just want to remind you guys of that man It's super important to never ever lose sight of that And and I just I just want everybody to kind of keep their eyes on the prize and and continue to remain Focused on the future here guys, so I'm gonna do the intro here man That was my 32 minute opening monologue for the Friday live stream I don't know.  Why not feel a little saucy tonight, man It's been a busy week for me. I'm happy to be with you guys man And I'm what the hell man, maybe we'll throw down a little bit and I'll look to dig deep To try to get you guys along the lines of personal empowerment and wealth building. I'm there But I'm looking to bring you along with me man. I'll be back with you guys in just a moment I Some of the rules here man never sell that's a good one to take to heart always be buying I Told you guys at the top and I'll display the number to you tonight I get wrapped up and I become impatient. I'm not one of those fellows when I talk about not Definitely knowing who who I am what my strong suits are and what my what my weaknesses are My weakness is that I was never blessed with patience ever I mean, it was just I was not in I was not blessed with patience and I lose it sometimes and in the stock market Very the very arena that you have to have patience on You know, sometimes I even forget that I dollar cost average. I've done it for decades decades. It's like If you could make something as common place as just putting on your safety belt every time you get into the car Right, you don't plan on getting into a wreck, but you have it ingrained. You've seen the videos You've went through the training you understand perhaps Maybe you've had Opportunities to really validate that putting on that seat belt as a habit form and behavior is the best interest in your Personal health and well-being right before you take to the streets in an automobile. All right Is it possible that we incorporate some of these disciplines in the same way? Yeah, I believe they are I unconsciously put my seat belt on and I unconsciously dollar cost average Like I unconsciously dollar cost average to the point where I probably couldn't even tell you how much I Even dollar cost averaged last month or the week from the month before that or the month before that Couldn't tell you I could give you a ballpark It's about a G a month from my paycheck about one thousand dollars per month Goes into the TSP Wow Ryan of all the things that I could take and give in that's that's I say that up a couple months I got a hell of a vacation. You're right.    Are people just not happy inside and they think that they can just spend their way to happiness Is that what it is? I don't know I work really really hard at my job. I would feel awful bad I would feel like I'm taking away from my children's legacy Oh, come on Ryan That's what I feel I'm living at their expense. I don't need anything do it Can I truly make that statement that I don't need a lot in this life? I mean, I really I to be able to wear awesome Nike clothes like this I mean you guys have seen me for the last couple years where these killer Nike shirts, man That I paid all of about $12 and 38 cents at the outlet mall for man. They they they they're paying me back at this point Hell of an investment, you know But have we just lost that perspective at all of just being Get there you can get there you can get there quick you really can't um, perhaps maybe it's something that contentness comes through Continual practice to remain on the positive side of things, you know, don't get consumed man and It's easy to to fall victim to I go to the grocery store I went to the airport this week I went to the airport to drop my my my family off and I'm rockin up row 107 and I'm looking and I'm like Acura a spec boom BMW. There was a wagon ear Never been heard of it, but it looked like a nice $80,000 bill sitting there The BMW M4 boom boom and I'm like what first of all, what do people do? That's great Second of all, does it make them happy and and thirdly Can every one of these people truly afford these autos that they're driving these $80,000 $80,000 $80,000 and it's like Good Lord. When does it end? When when does the madness end? I don't know Sooner or later in this life, I'll be good and gone and probably the world will suggest good riddance society will be finally Glad to be gone with the independent investor guy that comes on and tries to teach people a little bit of ground roots In the dirt type of perspective in that if you can't just lay buck naked in the back 40 and be happy You've got some work to do. All right, and there's no matter of M4 purchases that you're going to make There's no matter of vacations that you're going to be able to take There's no amount of money that you're going to be able to spend that's going to make you happy We come back we digress now and we say goddamn Ryan just kind of made me feel guilty for driving my M4 I Get a lot of scrutiny for investing the way that I do You should invent you should enjoy your money Ryan You need to enjoy life more and not be so stressed out The conversation I had with Bob was a really good one and we were talking about if you're a participant in the market, it's work It's work. It's not going to come easy It's it's not easy. I envy those people man that just live life They just they just live life and well the market goes down and I'm like yeah The market's been really punishing this year and they look at me like I'm a deer and headlights and they're just like I don't know what you're talking about. I I don't know. I've heard of the stock market I'm like, how have you just heard of the stock market for crying out loud? He's I'm trying to yell at the top of my lungs to let people know that this is a wonderful path to wealth And let's just say that at best 50% of the time I make money and 50% of the time I'm I'm in a state that I'm in right now watching my Hard-earned portfolio value go down and value and retract and value you know Where will we be in five years? Will it all be worth it? I don't know I've shared with you guys many many times that this project has been going for about five years and what a ride it has been On the channel.  We're off about $12,000 week over week The market was not kind to the independent man. That's for sure It was a real kick in the teeth this week I think there was one day where we were up a couple hundred dollars And I think we made it up at the last portion of the day But but for the most part everything really rolled off the portfolio has not changed There's some names here that I watched for a long long time and now I own them And I'm very very excited to own them. Am I excited to own them down? I Don't know. I don't really get too crazy about being down or up in Amazon I'm I'm totally fine. These these are Picks that I wanted to own for many many years and I have finally got the strategic opportunity to buy those shares Amazon and Google I put in the same category And I'm super stoked to own them the name I could look at a company a value company like AT&T that has done nothing but lose me money Spun off Warner Brothers. That's great and plenty Warner Brothers is down 58% since the spinoff Absolutely got crushed, you know I'm okay with that too But to own the names here that I own The verdict is still out on whether or not Oster was a was a problem here But for the Dow components in this the TQQQ very happy to own that product here with the NASDAQ down The way that it is where's it gonna be in five years? I think it's up over a hundred That's where I think it's gonna be That's a triple leverage weighted. So however the NASDAQ performs. It's gonna be 3x that amount Mm-hmm. Yeah, we're gonna be setting pretty VTI. That's that baseline that I'm looking to start and establish I've got a nice position in it. I think we've got a 53 share position and VTI right here some value with Blackstone Group And Boeing with the value and then and then the high the large cap technological growth with Amazon and Google Respectively Google's a behemoth in the telecom sector. So We're glad to own it. I mean, it's just that simple I look at the portfolio and I don't that the prudent decision for me is to hold and to abide by one of the very tried-and-true Rules that I've declared to you guys tonight. That's just a hold. I've got to be an investor right now That's what I've got to do. And that's what I'm gonna do. So that's simple. I don't lose sleep over it Yeah, I'm a little against the grid at work That's fine.  It's fine. That's what I do.    So when I look at highly on and I look at the highly on opportunity I'm like how in the Can you come to public markets and waste 650 million dollars and not make it?  That's my horse. I'll bet on that horse. There's no way with this upper management There's no way with this board of directors There's no way with the tailwinds created by this legislation that I thought should have been a tailwind for the stock But the broader market drug the company down Like all other EVs Nicola really took it in the shorts. I mean Nicola was up at 8 78 I mean good grief. I hate to point out the obvious, but that's terrible. That's terrible performance It's closed at $6 today horrible You want to do a bull-beared debate with me on two companies that are not profitable right now? Jesus Christ really? Okay, if you want to spend your time doing that so be it. I'll play ball. I guess They're both shitty investments. There you go.  Okay?  They don't care about you. You shouldn't care so much about them. Let it go Start paying attention to yourself looking in the mirror.  Everybody's angry. I don't know. Maybe you're angry too.  You've been provided Potential yellow-blank brick road for yourself man and the independent investor channel. I fluff that ass every week Hey Ryan funded he's actually up 5.24 percent in his tsp by just funding through the downturn But I don't know Ryan everybody was telling me to jump headfirst into my prepper bunker I had no chance to hit the sell button for myself. I just couldn't do I couldn't I couldn't I couldn't It's not making excuses for yourself. All right. It's not making excuses. All right Get the work Opportunities right there Fund through the downturn. I don't know where we're going. Maybe we're gonna go down again I don't know maybe we're gonna test the 200-day moving average. I This earning season was actually quite good. Okay for you guys that have been sleeping under a rock for the last six months This earning season was quite good.  I don't know who cares who cares It's not in line with my fundamentals to react whether or not. It's a bear market rally or not It's not in it's not in my best interest. I don't care I don't care if amazon Look, here's the thing guys in 40 years when i'm gone and amazon is worth Less than it is Today, what is it august 20th today august 19th friday on the live stream of the independent investor channel I own 80 shares of amazon corporation if it's worth less 40 years from now Then i'll eat crow Okay, but i'm quite certain my kids will be happy that I did not sell I did not squat my pants. I did not exit the position I kept the position I kept it in the portfolio that's being disclosed to you now 80 shares is what we've got and i'm happy to do so It's just a share ownership. Okay. It's no I'm trying to minimize the very psychology of owning stock Oh god, jesus ryan. You said stock. You can't do that man without disclaiming The people that you own said stock you have to disclaim it You have to let them know because people run the risk of losing principle. Really? Um, you're set up to lose anyway. Okay With your mentality You being the general retail community is already set up to lose Okay, you do not have what it takes to make it in this market You do not you do not have what it takes to incur volatility and volatile markets and hold true When it is you should hold true.  I have to sell everything to i'm going to sell everything Ask him up matt money matt money's in the gallery. He's a million dollar investor. Ask him what he's doing right now Ask him if he's selling everything ask him hit him up. He's in he's my buddy ask him He's in the gallery right now You can pulse in with a seven figure investor. Ask him right now matt. Are you selling everything right now? He may have a little fun with it. Okay, but i'm going to tell you the right answer He's not selling.   Look at me. I'm a multi-millionaire Roth IRA. We've come off a couple of thousand bucks. We're good still we still hold the portfolio microsoft is Microsoft is really attractive right here, man. I like it a lot pepsi's run up I don't know how much more we're going to get out of pepsi Um pepsi would be a nice hopper palantir. I'm super super stoked on Palantir i'm just about as excited about as highly on highly on i have very high conviction on but I don't think we're going to get as deep a discount on the opportunity That I see in palantir that I do see in highly on in other words I think highly on is just a better discount right now for the profit potential and palantir is way further along In their business plan. They're an established. They're an established company And there's a pedigree of value within palantir that people miss too like their products are badass Their ecosystem that they have is incredible. They have they're a powerhouse and they earn a ton of money I think they're I think they'll probably close 2022 with a billion and top end revenue. So Super stoked about palantir and it's it's actually settled out in a place that I'm actually very excited about Highly on I could take a couple of bucks of appreciation. This last buck was kind of a thorn in my side That's why I got a little bit snippy on twitter Um, and that's I test the people are like it.  He was snide Remove the effing halo. Okay It's all good. I don't give people some benefit of the doubt No, no, you have a job to do go do your job. It's that simple I don't need to be educated on the components of the hyper truck. Yarax I could probably teach the stuff myself and I do it for free every single week But that of which I've disclosed during the live stream. I am getting tired of all right Here's roth two 86 000 so That's what we're at. We're off a couple grand here again. These holdings are just holdings apple looking quite good city group jmj Kimberly clark sofai my goodness Vig is the largest position in this portfolio. I think behind tiley on and then vpu. I'm actually up Huge in the utilities etf from vanguard. So very cool stuff with the vpu I'm up 17 percent In that in that little slosh bucket. I'm good And here's another one. You see the spark line there guys So I get that's a week to week representative of where the portfolio went This is kind of futile to share with people, but it's okay. Um, I do share this portfolio openly That's one thing that uh, joe carlson talked about on his uh, michael burry Video that he put out that I enjoyed I watched it start to see the guys really good He's really good. It's cool. It's a treat to watch joe because joe has a lot of natural talent But he's also very very smart And that mixture right there is dangerous like the good the sky is the limit for the guy just enjoy listening manny He's really really cool.  We've endorsed him ever since the beginning. I'm really happy to see like good people get ahead because He's really the cream of the crop on youtube as far as I'm concerned You waste your time with the big channels But if you really want to learn something in the perspective and a lot of the backbone that I share as well I'm a successful investor as well. I share And I've been doing it longer than joe and and and he's figured it out and he's figured it out and he shares that with people If you take a page out of those playbooks, man, it's uh, it'll help you immensely on youtube because If if you get the sense that somehow we're kind of in it to help people Then you'll be better off for it and you'll feel more comfortable deploying some of the strategies that we share Like not selling because michael berry is selling I think i'm off like 20 dollars in this portfolio Week over week 33,665. This is the uh, this is this has 97 holdings. I keep make um, I keep trying to think that I need to Um to to change this but I don't it's 97 holdings in this portfolio. This is the 97 dividends doc portfolio, so But here's the bond portfolio. We're up a little bit. We're funding this Uh week over week. We're up in this and we're also up in the tsp. There it is five five and uh 5.24 percent We funded this aggressively And um, I have a strategic goal over this account Boy, if I could get this sucker up to quarter million that would really help and bold in my path to a million that would be nice And uh every month that goes by a man is one month toward that end. Mm-hmm $1,000 bill about $500 per paycheck every couple weeks goes into this account right here 20 percent of my pay For you home gamers that are keeping track And you think well, you know, I'll never get there I didn't start this account with any intent of doing anything other than just providing some surplus Opportunity for some myself when I retired Um, it was the right thing to do. I did it. Um, and I'm glad I did. I haven't missed this money guys I mean See, here's the thing if I woke up someday and I was like, dude, I want to start keeping up at the Joneses This is badass. I'm going to take my tsp and just go buy that new corvette that I want I could do that. Um, and it would be just so choice So choice like ferris bueller says on ferris bueller's day off. It is so choice. Yep. That means I highly recommend picking one up Right, that was the ferrari california, but you get my drift. I don't I don't want a ferrari california I want a corvette. Okay.  You just slammed on their brakes because I'm showing I you're gonna be keeping up at the Joneses here, right? No, I choose not to do that man The value of holding the s and p 500 is much more valuable at my age right now For the financial health and well-being and security of my family It's not prudent To fall on tilt right now And keep up with a bunch of assholes that don't care about me. Okay Nobody cares about me more than me. Okay You guys man. I give you all the credit in the world man. You're the most devote audience on youtube man I have it. I have it me little ol me. I have it And it comes down to you guys I love you Okay But you do not love me more than me Okay Nobody puts more passion into what I do in the gym at 4 45 every single day every single morning Nobody puts more passion in my work approach than I do. I'm the one who goes through it me And and the road that I've followed again. I would would not put up against anybody to walk the road that I've walked It's tough If I can soften the blow on walking that road for people out there who can maybe step up and say Man alive Ryan's pretty motivating. I think I can do it too. That's exactly the intent of the message man Find your way My way is not going to be your way Yep, I know there's a lot of people out there man That would have you believe that the way that they suggest to be followed is the way for you I'm here to discredit that No, it doesn't work that way man. You're going to have to find your own way This is just how you can approach and tackle this beast that we call the stock market that there is There's there's an infinite ways of succeeding at. There's also an infinite ways of of Bailing out. Mm-hmm. You got to find your way It's very lucrative and we wouldn't come and we wouldn't revolve around this topic every week If I didn't believe that it was lucrative enough For a little blue collar fellow like myself to have the net worth that I do even off 12,000 I can say tongue-in-cheek. How many blue collar workers do you know can be like? Yeah, I lost 12 grand this week and I'm freaking fine. I'm freaking fine I'm just as motivated to come on and share with you guys the perspective to stay true on a program. All right 835. This is the vanguard's growth ETF Still kind of undecided on whether or not I'm going to keep these small accounts I'm not really sure. I kind of wanted to try them out as an exploratory Robin Hood Intered into a big penalty After I established this account, which is probably indicative of why the stock's in the shitter right now Who's buying Robin Hood right now? 80% of their revenue is from sell-through orders Mm-hmm. I've been saying this for years freak Ryan, you're right. Yeah, I'd love somebody to say Ryan. You're right. God dang it. You're right on Robin Hood the whole way Damn right.  Why do you own the the broker? I started this as a token amount to kind of show people what the aesthetics are all about It's like investing on a it's like investing in smurf land. Really. It's kind of cartoonish interesting Yeah, I like to take my money a little more seriously. That's why I'm with bank of america Yeah, yeah, I like bank of america's building in lower Manhattan. It's awesome Bryant park.  It's physically there. I can touch it I can touch it. Yeah It's nice. Mm-hmm This is the mid cap Um, there's the new ticker symbol for you home gamers that want to just enter into a penny stock That's going to make you millions of dollars overnight. There it is ptnyf. There it is ptnyf I just bought 22,500 shares today Mm-hmm if I lose it all I'm totally fine I'm totally fine I think I spent four hundred and sixty dollars on the trade. Whatever it is, dude. That's What would you rather me do? Would you rather me put it on the roulette table? Oh ryan, that would be so awesome if you could just dress up in your tuxedo and roll the dice and put 468 dollars on the roulette table. Yeah, I'd lose and then everybody'd be like Like eddie murphy You know Freak I'm going to roll tonight ptnyf 22,500 shares. Oh, no, you didn't ryan.  We're going to skip over crypto Hell with crypto. There we are. We're down huge. We're starving to death. We're going to have to really retract on the budget Independent investor channel has digressed in their profit margins for 2022 over 2021 By about I don't know 46 percent So we're really struggling but I am making profit because I don't have any overhead expenses on my business. It's all good 466 169 it's going to be cool once we get up to seven figures people will be like, oh, dang I don't know this how this how did this dork do this man? He's just a freaking dork on youtube, man I told everybody to unsubscribe from this guy Because I might know a thing a cube about psychology and philosophy that's the key man Mm-hmm. Get to some comments man. Very cool. Appreciate you guys. Let me do that But it cool how to find 200 percent movers Mr. Lobo, thanks for coming on and I appreciate it. One thing I've come to realize here is I have different buckets of strategies This this might not resonate with people out there and whatever it's fine I come on to share a unique perspective But my dividend growth portfolio that I declared to you guys the 35 000 of merit. That's just dividend stocks. That's it It's the only perspective that I have The vanguard sector specialty. It's a passive ETF portfolio that's split up across the sectors, right? It's a unique hybrid I'm making money with both of them, right? I don't know.  You could make more. All right. Whatever. I'm making money But I think that's a real a real takeaway in understanding why I'm taking some of these strategic Shots on some of these companies man. I look top-to-bottom reducing debt increasing margins 15 port 15.3 percent margins From parcel pals year over year. I can't wait to talk to the ceo and ceo's a stud I just did my due diligence while you guys were off partying and screwing around at the park all weekend I was doing due diligence on a company so When you get to come on and you get to be like god dang god dang how does this guy do do this crap? Well, I spend some freaking time right bob this hard work, right? It's hard work to spend the time it is that you need to You know devote what it is that you devote to your craft Could it move 200 percent sure sure it can move thousands of percent The power of the market. I just I want to validate this for myself okay Not all stocks go down to nothing There are companies out there that do materialize that do find niches And they do just fine and It's worth it for me to segue a little bit of cash to take a little strategic shot on it anyway, so Self-covered calls I did for a while and I made a lot of money on highly on But highly on his transition to basing here And and right now I'm not doing a whole lot of activity right now in the portfolio man to boast be honest with you I was making a lot of money on the downturn Selling premium against on the put side. Okay And a lot of that worked out I got put a couple contracts so that which I didn't mind But as far as selling covered calls right now, that's all I'm doing actually That's all I'm doing And all of what I'm I'm pushing it out as far as I can because I think these stories That I'm selling calls against I'm not I'm actually buying the calls. So I want to own the stock if it hits the strike price And or have the option to actually sell the option back if it goes beyond the strike strike price But that's a good idea. I'm not selling anything against covered calls. I just don't have large enough positions To make it worthwhile You know I would love to sell some covered calls against some of the positions that I own in You know procter and gamble j and j But I look at the premiums on those and they're pretty anemic and the way to really do it Well Is for me to establish my portfolio and get it up to something special to where I can sell You know, maybe five contracts as opposed to just one I mean, I was looking at the premiums the last premiums I looked at it on at&t for covered calls was like 30 bucks a month It's not worth losing the position over To to make 30 bucks on You know, so Yeah, I've been off the options call right now. I'm I'm really stuck I'm really underwater on a lot of my options contracts right now And I'm just trying to salvage with some of the positions right now But I appreciate the question.  Very cool. Very cool. Very cool Find good companies on dip or over correction take my Short Totally agree. That's prudent advice. Look to be opportunistic Look to be buying in these markets on these companies that you like. Um, I'm not a big fan of Ford Um, personally, I think the unions are enough to just absolutely be a huge anchor around a lot of these companies Um, not a big proponent of autos in general.  I'm a big fan of Northrop Grumman. Hell. I like them all. Um, May honest with you Boeing has done very very well But as far as the auto makers, uh, I would buy Honda I would buy Toyota Yeah, um, unless your play on Ford is that to be, um More along the electric vehicle lines, right could be Um, yeah, see I'd be more apt to go with carnival Yeah, carnival carnival is a good buy right here.  Okay The world if you haven't woken up to it is changing Okay, and it's changing in a big way. People want to spend money. I get I don't I I just got done preaching to you guys for an hour and seven minutes on how you shouldn't be so Interested in going to the church of spending your money all the time and keeping up with the joneses the church of keeping up with the joneses Right, you wake up every single morning and you're like, uh, I gotta spend. Um Yeah, I'm not I'm not really like that But for the generation that wants to go and they want to experience and they want to have different experiences Yeah, I think this is an industry top five carnival cruise lines Norwegian cruise lines Royal Caribbean, which I think is right there at the top And I think disney is a screaming buy right here. You really missed your entry. Um, a couple of weeks ago Because it's been on a tear But but disney disney is one as well and there's plenty of other lines out there that you can take and enjoy and and have a good time On but carnival cruise lines. I saw it come through the ticker tape today at 12 dollars. Was I wrong on that? Mm-hmm. Yeah, that's silly Carnival cruise line for you guys that are new to the industry is by far The largest cruise line in the world. They're enormous Believe they own 47 percent of the entire market Mm-hmm. Yeah, they're huge. Yeah, they don't mess around the party years go on carnival cruise line. Mm-hmm. Mm-hmm I appreciate you coming on and sharing um miss shant lobo. Very cool, man. It's great to see you I should really kick on hold on a sec, man Hold on very cool. Gotcha. I just added I just added you as a moderator my friend very cool Very cool stuff, man Bob says Ryan tells it like it is and I try to man. I dug deep on this one I'm gonna we're gonna go for a few minutes extra, man If you guys want to stay here in here and hang no problem I understand and I'm not trying to take your time if your time is more valuable elsewhere Um, I highly encourage you to take that time if you want to spend a few more moments with me But no problem. I'll shut down the live stream here in about 10 15 more minutes I enjoy the product just as much as you guys do. I enjoy it. It um helps keep me sharp and I've always heard through, you know scuttle, but that if you Can teach upon a topic? It makes you that much better of an applicator So I would charge each and every one of you guys with this And some of you guys need to actually get to a point where you've got this licked for yourself Look guys, I know people that have been with the channel for less than six months And they have got some incredible portfolios going on some incredible investments some incredible Wealth building initiatives for themselves. They've got it. They've got it figured out So you want to make sure that if you have that opportunity to pay that forward to those folks out there that you know Are looking to wealth build for themselves and not buy in to sell sell sell That they're that they're able to do that certainly, uh, maybe maybe maybe selling everything right now is is the prudent move I won't be doing that. I don't know I don't profess to suggest that perhaps maybe um The markets are going to go up or down I don't perceive to know that and nobody does know it ape love ape PRty party city going to be the next 10x meme stock next week.  That's great. That's great stores that I just despise I do not like dollar stores. I do not like party city. I do not like halloween land. I do not like those stores at all Uh, it's as if I lose my intelligence when I walk in them. So Um one bento court is confused as to what he's experienced this evening fantastic Let me summarize for you one Having a cocktail at the end of a tough week Work does pay off hard work does pay off.  They'll start looking around and try to look for answers when it's too late mm-hmm I try to create a sense of urgency for investors out there that Certainly need that um wake up call Some people in their 50s 60s 70s 80s Hmm some in their 20s 30s and 40s Mm-hmm. Yep. They sure do But there's never been a better time to take the self-empowerment pill than right now Figure it out eventually time's gonna expire man. Very cool stuff says thoughts on baba It's been a very very tough road to hoe with me, man. I took a nice position in it. I've seen it Really getting tough. I I've been really whacked over the last year. I've it's been tough on me It's been a tough road for me um, I'm really had to rest on my my loyals And and really just be an investor for the last year it's been rough on me Mm-hmm, but we will emerge from this And it's probably going to be a hell of a lot sweeter when we do that's for sure But uh, I owe it to people to come on And really try to dig deep and identify what it is. It's going to help them get through These times of volatility and continue upon what I think if you stay tried and true on You should be able to wealth build in any market doesn't matter what it is You should be able to really really Build wealth for you and your family That's it.  You don't need me to you already know the answer to it. Mm-hmm. Yeah Um, which is a frustrating thing for me, you know, it's like nobody wants to be a teacher anymore Nobody wants to be a welder a tradesman a carpenter an electrician Nobody wants to do that because we've provided, you know, those those frameworks to start to deconstruct the civil society And I'm not saying my personal views on this topic Suggest that we should do a way with the direction that we're heading I'm not saying that But I believe that it will have created Certain sub markets Where people just say to hell with it. I'm just going to go do this instead because I can make You know killer money I can drive around in that $80,000 car That the people like ryan on the independent investor just envy when they walk by at the airport, you know I work really really hard tripping trimming a plant, you know At the end of the day and at the end of our lives We will have to atone for what it is that we did during our life And whether or not you believe in that Or whether or not you believe in something a little more seriously and to look in at the mirror at the end of your life And saying you know what I really did contribute to the greater good, you know I didn't succumb to the temptation of selling out I didn't succumb to the temptation of just giving in to the all powerful money At all cost, right? Um, I knew there were people out there that drove though drove those $80,000 cars But I thought you know what I'm I'm gonna do it man. I'm gonna do it the right way I'm gonna join this independent investor community man, and I'm gonna become something part of something special And and just like ryan talks about man. He's totally willing to go to the nth degree And never reach his goals As long as he's continuing to pursue along the path toward those goals I'm okay with that because there's integrity behind it. There's meaning to it Does hard work pay off? I believe that it does And I'm willing to continue along this path until I prove that to be the point We'll highly on pay off at some point. Yeah, I believe that it will and people will come on and be like ryan You're a phenomenal investor and I'll be quick to remind people that is not What people need to be doing on the onset people really need to be looking at themselves In the framework of from year one to year five If you're a beginning investor look to get involved with financial markets in the capacity that is not going to skin you Okay, rather prepare you to build wealth long term over the time I'm an advanced investor guys. I've been doing this a long long time So it's prepared me to take some of the aggressive stabs like I did just today. I put a 480 dollar bill This was money that I was paid for advertising dollars This is money that was paid to me to to help out Provide opportunity on the stock that I was able to disclose to you guys You're going to want to stay tuned for that Really good profile of the company and I can't wait to interview the CEO. It's going to be awesome man I've been provided that opportunity by none other than YouTube itself You guys have been with me for an hour and 20 minutes I will probably suggest that I may do a way with advertising on youtube Altogether there will be no more ads when I release videos through youtube the 7 8 10 12 15 minute videos I may I may pull back on advertising for youtube altogether. They have stopped paying me for that and I'm making my money elsewhere right now on youtube and that will be a big big transitional shift on youtube. So stay tuned for that My independent application in this is kind of causing ripples within the system And I love it. I think it's great Because unlike a lot of people man who do this for the sheer intent of making money Um, I do it for the sheer intent of uncovering what I feel like is the greatest secret in wealth building And that is to protect the integrity of your transaction Yep If you look at your financial picture as being as sacred as I would suggest that it is Then you'll see it my way too. You really will And by doing that you'll protect your day-to-day transactions You'll you'll protect the wealth that is Resulted from those transactions And you'll benefit for it. You'll be in a position where you're looking at Huge huge wealth Into your future because you've just entered into a path to riches that Constructs money every day You don't look to just spend money every day Super important man that you just buy into that Israel Israel shibu inu. Um, it's nice to see it go up for two days. That was nice I still own it. It's all good. I own like I don't know what 30 million shares I don't know man.  Is it not right? Um, I would I would tend to be more focused on owning equities Um and owning fixed income if that's what you want to if you truly want to build wealth, you know, if you want to play a game Um, I alluded to go into the casino hell. I like going to the casino I joked about the craps tonight and this and that but You know each and every game has its own set of of rules and risks That are associated with it and crypto is no different crypto is no different than I would suggest being careful. I really would Because I I think owning underlying equities really is the best segue for your dollars And the best alternative to keeping just idle cash on the side all the time To putting money away. That's for sure own some cryptocurrency man. I get it. I do I own I own shib. I get it. I own bitcoin ethereum And some cardano, but um, I own it to a very very anemic Extent in my portfolio and I keep it at that. So I appreciate you coming on brother. Thank you for coming on Um, and I'm sorry. Sorry.  I really enjoyed this man.  We really do Hopefully it helps you I'd like to think that our time is well spent, you know, we spend a few minutes in here every single friday revolving around this topic And I'd love to suggest that what we do makes a difference for people makes makes them hold their head a little higher Make some think that they don't have to compete with the next door neighbor all the time People have a lot Or seemingly have a lot And maybe not understanding the underlying story that exists behind that m4 bmw Being debt in debt above your head Really focusing in on your own personal empowerment journey is the key That should be the sole Area of where you focus your time most of the time If not the totality of your time I spend very very little time focusing in on what others are doing That's why very very few Catch my attention. That's why I've mentioned a few tonight. Mr. Joe Carlson very very cool and and gen X divin and investor who Both have always been a friend of the independent investor channel and They're doing good work, man So if you want some diversity in your in your application, please check out those channels, man They have my my highest endorsement But I wish I want to wish you well. Thank everybody for tuning into this live stream. It was a lot of fun We'll continue the drumbeat Next week on the independent investor channel. No doubt about it. Good luck to you guys Hope for better times next week. This week has been brutal. It's been terrible But um, stay tuned if you enjoy the message, man, I would invite you come be part of the community here Um, I think most of the people who tune in here are very very devote subscribers and for that I want to thank you for your continued support of the message and being part of this community As we continue to footstomp this message. It never stops It's a lifelong evolution that we're putting In into play and we're planting that seed in people man to make it more common place for people So they can incorporate this into their lives and they can look at it A little bit more like putting on your seat belt every single day Um, I immersed myself in this work and I love it And I would just suggest that you guys up the ante a little bit in making this a little bit more a part of your lives Uh in your financial discipline guys. Thank you so much. I will catch you next Friday on the independent investor channel live stream Fast to 60 minutes on youtube