Fantastic love to have a welcome everybody back to the independent investor channel live stream. This is going to be a jam-packed 60 minutes here special episode. I have my good friend Mariusz Konitski. He's gonna come on He's gonna talk about Investing from his perspective. He's a friend of the channel. He's been a guest on the channel You're gonna want to stick around because like Mariusz on myself. We don't invest like everybody else Okay, it's very very important for you to carve out your own place in this market and to be quite honest with you guys I've been saying this now for months. The market has shown a little bit of volatility Well, I for one look at this as a choppy market Mariusz came out with a video today talking about, you know, youtubers quitting and and wanting to throw in the towel I I spend most of my day thinking about other things like advancing in my job How I'm gonna pay off my truck How I'm going to affix this looming move that I have up the New York City, which I'm very excited about all of it and I seemingly find it interesting as well how social social media to a big degree and also big media Takes this and spins it with propaganda It's as if they keep this stuff in the in the in the closet Until it's convenient to take this stuff out and just spin it so people can just lose their epp in mind I just don't understand it guys. Look if it's going to be one of those things that affects your health and It's stuff that keeps you up at night And do one of two things Quit investing and this would be what I would wish for you I think that would be extremely unfortunate because Financial markets can be a great arena to build wealth in over the long term It's it's very very simple and when I bring Mariush on here in about 10 minutes He's gonna share a very unique perspective with you and it's it's it's gonna be incumbent upon you guys to sit back open your mind a little bit and Listen to a differing perspective because Mariush came out with a video today. I watched it We were just talking backstage.  Everybody feels okay. It's like the herd mentality, right? You guys know the intro that I have with the sheep and I That that is not what we're looking to carve out here for ourselves We are not looking to be called upon with the masses in our application, okay? And Mariush has a very niche approach that of which I respect wholeheartedly and I engage in a certain element of the small cap the micro cap type of growth names that he's gonna speak about To a certain extent. I also holistically dividend growth invest the market. I do passively invest the market So it teaches own with regard to the replication and and when myself and Mariush get on here to do our cross dialogue You're gonna want to pay attention to the differing styles But also read book below the surface on how deliberate we are with our approach If you think that I'm unhinged I would invite you to shut the channel off right now if you think for a second in Watching Mariush and watching his demeanor that you think for some reason. He's also unhinged Please go somewhere else and find something else that is gonna calm you down with regard to your stock market application Because I'm here to tell you guys it is not worth it. All right Now I look back in reflection and I've went through volatility in the markets and again from my perspective I'm looking at choppy markets here and they've been going on for me for about seven months So I'm not really sure how this Exacerbated like I'm stressed out all the time and and people are just losing the wad I know the source of it. We're gonna talk about that a little bit a lot of people became Conveniently over levered to the market. They sure did they sure did and now they're looking for answers and Unfortunately, I'm gonna give you a little bit of dose of reality. Okay in stock market investing You don't get to blame me you don't get to blame any of the talking heads on YouTube You don't get to blame social media or the geopolitical tension that is going on for people a whole hell of a lot Less fortunate than you are the only one that you need to review and reflection is is yourself And and this doesn't need to be I throw in the towel never to invest again But here's the thing guys if you've been involved with financial markets for I don't know Maybe more than a decade You'll understand that the learnings that you've gone through previously in dealing with stock market volatility dealing with Increased or inflated real estate Prices dealing with higher inflation environments and this is nothing guys when we're talking about higher inflation rates We're talking about the cost of goods going up, etc. Etc What are some of those defensive strategies that you can deploy? To make this make sense for you and really in in a nutshell it's to keep it in perspective and I think what Mary use was speaking about on his video earlier I think hit it on the head and I think a lot of these people Really should should feel terrible for for leading people so astray in in in an application that You know the stock market is not hype It is big business and it is serious business and There is a carve-out for each and every investor there really is this is what I come on and I footstomp every single week for you guys There's a carve-out to each and every investor for those investors out there that just want to carve out a piece to their 401k or contribute to a 403 or a 457 You know start on a path to wealth building beyond just saving your way to wealth Because I've got some people in my group that they were so scared of investing that they just Saved their way to sizable wealth And I think the idea of segueing some of that wealth into putting some of that Capital to risk in financial markets Allows you to outpace what it is that the banks are going to pay you via interest rate And I think over the long term that's really when it comes to fruition with regard to the benefits of long-term investing Here's the thing I responded to my viper group today And it was amazing to me how everybody's trying to Define the stock market right now and it gets so Disgusting that people look at what's going on in the market from day to day From hour to hour from minute to minute from second to second and they're trying to look at the market in the acute and They're trying to size up. Who's winning in the acute? Who's losing in the acute? Everybody's losing Everything's going to hell in a handbasket right now And and the irony in that is all of that effort is futile all of it. It is all futile Spread out over a long enough continuum And it doesn't take very long to spread those injects a long time and Peter Lynch talks about this all the time We've had now over 50 Corrections in the history of the stock market all of which have proved to be buying opportunities I look at the last six seven months as being volatility kicking up in the market for good reason. I really do This is what stock market investing Can deliver okay now if you were overlevered in the market These are the times to sit back and say maybe I need to readdress and look at my plan These are times where I need to look at gosh, it would sure be nice to have some cash I've had cash all the way through the last six seven months have I demonstrated the ample patience enough to say You know what I look at this market and I see all-time highs guys. I certainly do not Relate with an environment where everybody needs to start to Take that well-laid plan and start to pull certain bricks out of the bottom of the foundation Only to allow it to crumble when all we really need to do is just Look if it's your thing to acknowledge and you think that right now financial markets are going to hell And and and you don't like the insecurity or the feeling behind that embrace that Okay, but you come into the independent investor channel to get my pocket my market pulse That I've had over the course of my entire life and Me right here with the market at 34,000 March of 2020 marked the pandemic low the market was 818,400 on the Dow Jones industrial average in two short years the market doubled It doubled to 36,000 on the Dow. It just ripped higher It was oversold and it ripped higher and it was during that time frame where a lot of people came out and said no matter What you buy no matter how you buy it no matter if it fits into a plan or not You're gonna make money and a lot of people caught that wave and a lot of people profited from it But but here's the thing People get conveniently naive to the downside of financial markets And I really think that that's something that we holistically need to bring back Have a perspective about this thing It's never as good and it's never really as bad as you think that it is But I'm not sure I can buy into this rhetoric that things are It's super bad. Okay. I I profited on the way up. I took some of the house money I positioned my wealth the way I wanted it positioned and I haven't I haven't made outside Probably five stock purchases over the last seven months and they've been relatively small But for the most part the large pieces of stock positions that I built Especially over the last couple years have not moved They have not moved and I declare those portfolios to you guys want to welcome you guys to the independent investor channel live stream Man, it's super great to see such an awesome gallery. You come in here.  It is absolutely not a right guys be back with you in just a second That take this kind opportunity and welcome Mariusz to the channel here he is He leads up microcap explosions and he is a corner of YouTube that I have the highest level of respect for Mariusz is not influenced by anyone and Really want to encourage everybody if you have not kicked over and supported Mariusz's message I would invite you to do so now Mariusz the floor is yours. Please introduce yourself and Let the group know what what you think of financial markets a little bit about yourself or those who are Unfamiliar with your work, please. Yeah, thanks. Thanks Ryan for having me and thanks for You know Watching my video from today about youtubers quitting So you're right. I run microcap explosions. I focus I focus on microcap stocks small stocks Usually market capitalization of less than a hundred million simply because it's it's an market that's there's not much competition and So so I can get you know good deals if I find, you know, the right companies and so I was sitting the other day and Just minding on my own business and I went to YouTube and I started seeing You know that the The bloodbath in other words, I see one one financial youtuber quits another one has You know depression anxiety Another one is crying a third one is getting Threats from from his viewers. They're sending him pictures of his home We we know where you live and I'm just like whoa and and you know And then I look at some of these because it doesn't really affect me that much I'm looking at my stocks. So some of them are like hitting 52 week highs and and then I'm looking at some of the gross stocks more Specifically the stocks that are like, you know in the Kathy wood Yeah, you know a style of investing or Jeremy from financial education and they are just getting absolutely smoked and You know as so then I'm thinking like wow, you know If you if you look at it like from 2008 You know people have been spoiled we had this Recession and then a lot of new people came in whether they Became Twitter influencers or started writing blogs or started hedge funds or whatever it is and You know, they they never experienced a downturn Like they had a good time since that they had maybe a little bit pullbacks and you know a little bit more of a pullback in 2020 but overall over those 12 years and especially the last five years It was just non-stop party for them. No matter what they did the stocks just went up No matter what kind of trash they bought in other words, whether the company was profitable good margins No, didn't matter the stocks were going up and people like, you know, Jeremy from financial education exploded meet Kevin exploded Kathy would exploded and and and if you were talking about Tesla crypto NFTs grow stocks. I mean you couldn't go wrong and now Now these people are getting absolutely smoked for for good reason because they didn't pay attention to Valuations, you know, it's it's this crowd that says oh, oh My company is growing and I'm like, okay good for you But doesn't mean you you should pay an unlimited price for it I mean growing is growing growing doesn't mean unlimited right Every company whether it's growing or not growing or shrinking has some kind of value and if you don't pay any attention to what it is that you're paying for those things then don't be surprised when you get smoked because The the Fed raises interest rates takes out the liquidity out of the system scares you a little bit about the next recession and guess what if if your stocks are trading at you know, 50 times revenues a thousand times net income assuming they have net income and This happens.  So now you have this group of people that never experience a downturn never experience a recession and then took their their followers to the slaughterhouse and now those followers You know destroy their lives, right? Their financial lives have been turned upside down And yeah, they're pointing fingers Whether they should be pointing fingers or not.  It looks like you're in that group now It's like, okay, we didn't benefit from that explosive growth You know what we're okay I Guess for me and I this is somewhat cliche I know maybe people get tired of me hearing this but as far as YouTube goes um, I Don't care. I truly don't care on One of your points you said that They were entering into stocks that you know much Much more overvalued than they I don't think they cared You give way more credit for the level of due diligence that was done which in my assessment was zero zero it was all hop hype and YouTube allows Marius for that environment to run rampant and I think unfortunately people Especially with their money. It's an emotional topic There's a lot of people out there that are genuinely looking for Good good help maybe a little bit of motivation to start and and they look at these people blindly with you know a million two million followers and They must know what they're talking about and and that is that is that the falsehood and Do I blame the individual? Partially do I blame the check content creator? Yes, partially, but here's the thing to their credit Some of them are phenomenal phenomenal marketers, right? They've become financially successful. Is that success right to your point some of the Lessons about entering into the market some of the things that You can trade on margin and do it correctly. You can okay. It's something that I personally don't do I have about a half a million dollar portfolio and I choose not to could I yes could I buy with cash Yes, I choose not to trade on margin But here's the thing Facebook for example great company taking it on the chin right now great earnings Great balance sheet. It's taking it on the chin There's very few places in the market right now talk to hide And I think it is defined a landscape now where people are saying what gives what gives Jeremy This is what you sold me on the idea that you could just trip and fall into any name in the market And it could go up and the problem with a lot of that Mariush is that those names did go up and Some of those people made some money. I mean we're not talking about anything material here People look at their account and they see that they're up a few hundred dollars And they think that these people are speaking gospel to them and they don't have they don't have the education You mentioned experience twice in your opening remarks Experiences key in understanding that you'll never have the market licked Okay, the second that you think that it is gonna come up and it's gonna bite you and it's gonna bite you quick and the problem is Not a lot of people can buy into that and I'm the first one to say you don't know at all You would admit to this because you're an experienced investor. I would self assess look I'm always learning I'll go to my grave continuing to learn and people will tune into the message and say well Ryan What gives is their hope for us? I don't think the market's that bad. I don't think the market is that bad I think we kicked up some volatility for very very legitimate purposes and I think for some that aren't actually being talked about right now that the national debt here in the U.S. Is still out of control That's another one of those aces up the propaganda sleeve to be pulled out at their convenience and the real estate market I think those two systemic pieces right now are festering below the surface and right now with inflation high energy cost and obviously the geopolitical Pressures on the market are creating that excuse right now to really push that out and and the markets are adjusting accordingly You know Yeah, I mean right now I mean always, you know, I always think of it as my entire lifetime I am in the business of buying businesses. I am not in the business of buying stocks and and I prefer to buy them when I am getting a good price and when you have market participants that You know are in pain market participants that Listen to the news and all they hear is recession and how bad it's gonna get Yeah, it's more likely that I'm gonna get good prices on the businesses. So I'm happy, but I Want to pay attention to what it is that I'm buying. I don't want to just buy Anything I want to buy something decent Mary you slip. Let's talk about that a little bit because you're you're not a common place investor Okay, that that's a full compliment to you my brother. Trust me You're looking at price disconnect. Okay with your micro cap names that you're looking at businesses that are undiscovered Let's be real and I teach upon this I'm guilty of it to teach upon those tried and true methods of seeking diversification Because a lot of people don't want to do them the due diligence that you do and your due diligence is second to none It's absolutely fabulous but There's certain schools of thought to say that at any given time you can look at any company Facebook Google and It's pretty much trading at its fair market value So all of this crazy talk about all of these mega cap growth stocks Even Netflix for crying out loud that just sold off Ran up super fast and now it's coming back out of the stratosphere and people want to lose their f in mind It's crazy But the game that you play is a little bit different in your micro cap application So but you know from what you're saying is like look the the markets Are a weighing machine in the long term and a popularity contest in a short term, right? That's what we learned from Ben Graham. That's what we learned from Warren Buffett and I up to I'm absolutely with you because there's Companies out there like Netflix or PayPal I mean, I like those businesses But but you know, even a good business is not a good investment if it's overpriced and both of both of these companies where stratospherically overpriced and now they are coming down to earth and And you're right people are losing their mind and You know to the point of Netflix, for example, and it's a very good example of a growth stock Because it's been a growth stock for so long and people like to say oh, it's a growth stock or it's a value stock I I just hate this distinction because Growth is a variable in value. There's no difference between growth and value No, just when something is grow grows faster, it's more valuable, but you can't just say one is value and one is growth So so something like Netflix Okay, it's been growing and people said oh, it's growing You know, we have pandemic everybody's gonna be signing up for Netflix two weeks later They said it's pandemic. We're gonna be signing up for Netflix three weeks later. It's pandemic We're gonna be signing up for Netflix.  It's like buying a house. Okay. Oh, this house is worth a hundred thousand dollars, but it has a pool. Okay, I'll give you 110 But did I tell you he has a pool? Yes, you already did Do you want me to add a ten thousand dollar to the value of the house? Just because you're gonna tell me 50 times that it has a pool. No, but that's what people do with with growth stock Okay, it's growing good. Okay, it's growing and then they keep putting more and more Higher a higher price on it up to a point that it's like it's ridiculous now And then all that happened now and it started with the first quarter that the growth slowed down Okay, and then Netflix gets destroyed in the first quarter and now that the growth went negative and then the stock is in free fall and and and that's all it took It that's all the took so when when you're buying these stocks at and you're paying any price for it Just because somebody said it's growing. Well, all it needs to do is just sneeze Okay, and the stock is gonna go down 50% because it's overvalued. That's it. That's it Yeah, and this isn't the first example History has provided many many examples of this very very same exercise And it's if we have such a short memory that we never learn we being retail investors I just I don't understand this habitual thing. I just don't get it and Investors could do themselves a huge favor by breaking away from that. They really really could And you know another another stock that I don't know where you stand here But another stock that needs to be Netflix is Tesla It needs to be Netflix because percent because it's like I like the car. I drove the car.  I was thinking about buying some on Monday, Mariush. I don't know 210 times right now is what it's trading at. Yeah, so so it's like I understand it's growing I understand you like it Growing doesn't mean it's unlimited. So I mean, I'm just watching it and I'm like that's the next one that's gonna smoke a lot of people and Kathy would that's there. That's her last thing. It's Tesla. Everything else went to the slaughterhouse like Tesla is next and then all these influencers all these youtubers that are you know, praying to Elon Musk like he's second Jesus Good luck to you because you need a lot of luck. Oh, I can say I'll open the floor to you Mariush Is there any anything that you would like to disclose to the audience with regard to companies that you're looking at right now? I'll open that up. And if you don't want to discuss that no problem But I think you have a couple names in mind If not one specific if you if you feel comfortable sharing it with the audience. Yeah, sure. So so the one that's Interesting to me most specifically because it's hitting 52 week highs is is voxter Vox to you are a ticker symbol the like Victor x t r Which is the Canadian symbol and vx t r f f like Frank is the last letter It's on OTC and I find this company very fascinating because this company is in a in a real estate space That is improving the appraisal the appraisal and the title To make appraisers faster and then they they just had a monumental shift In the title space and so before I get into this I I made a video on on Twitter today. It was like a one-minute video where I featured Six companies one was voxter and the other one was Open door Redfin Real matters Doma and Zillow which are all kind of like in the real estate technology space And I went through the chart of every single one and it was like Redfin Down 86 percent from the peak Open door down 80 percent from the peak Doma 81 from the peak down and Zillow down 80 percent and then I pulled up the chart for voxter And it's a 10x over over a similar similar period of time 10x over the last Less than two years and I finished the video saying figure out why Why is voxter 10x in the real estate space? While everybody else is getting destroyed. So one thing is that Everybody was talking about the other names because they are in the space in the NASDAQ space Everybody's talking about it meet Kevin any youtuber any influencer was talking about these names Nobody was talking about voxter, but more importantly what happened with voxter is that? They had a change on April 6 Fannie Mae made a tectonic change in the title insurance space title insurance did not change for 75 years and Three years ago voxter approached the Fannie Mae and the regulators and said Title insurance is a scam title insurance is too expensive Because regular insurance companies when they collect premiums on anything auto or health when they collect premiums They pay out about 80 percent of their premiums in claims in title title insurance is a one-time payment The claims are like 3% so in other words title companies are stealing money from buyers whoever is refinancing Like literally stealing money. That's why some Very reputable Publications even wrote articles on how title insurance is a scam and it adds an extra cost to the real estate transactions So voxter three years ago approached the regulators and said we have a solution. We have a different product called attorney opinion letter That can be used as an alternative to title insurance and instead of it costing $1,500 or $5,000 if it's like 1% of the purchase price on the title insurance we can deliver attorney opinion letter for $500 and So it took about three years, but voxter successfully demonstrated that they can do it and Fannie Mae approved attorney opinion letter as an alternative to title insurance on April 6 At first when this came out the market didn't get it and then when the press release came out from voxter about this The stock almost went up 70% Within three days and now of course it pulled back because everybody is freaked out about the world but still it's up a lot and and this is a tectonic shift because People still don't understand how huge this is because voxter has a patent an attorney opinion letter Combined with the data and they are the only game in town During a time where it's literally literally they disrupted the industry and now you have to ask yourself Who's gonna who's gonna use title insurance? if If they have a choice $500 for attorney opinion letter or $2,000 for title insurance It's they're gonna steal so much market share From the title insurance business that the title companies are now panicking Because this is going to disrupt their entire business And nobody in real estate is paying attention when I when I'm emailing brokers mortgage brokers And I said, do you know what just happened with fannie Mae on april 6th? They have no idea because fannie Mae reported a guidelines change and it was a thousand page document title insurance was just on page 902 Yeah, so nobody's going to read this but the monumental Uh news that this is for voxter. This is between Like voxter can go up 20 to 50 times based just on that news and barely anybody is is paying attention So is there a is there a fiduciary type of responsibility on behalf of the brokers to disclose that to potential buyers? Or do you anticipate that this is going to take awareness and outreach? To educate on the buyer side because brokers are going to play hardball, right They're not going to share this in any of the documentation. They're going to keep the status quo as long as they can Right Well, it's it's it's first getting rolled out to four states four states first And so voxter already has lenders that are lined up that want to do business So i'm not sure how much the mortgage brokers can do and if you think about it from the point of view of a lender you see Uh interest rates are going up Mortgage rates are going up when interest rates were low and mortgage rates were low every lender Was swamped with transactions. That's right. They didn't have to work very hard to get transactions Now when interest rates go up and mortgage rates go up the transactions slow down. So now They're going to actually have to get competitive. They're going to try to steal market share or transactions from one another and the lenders that are going to have Something that differentiates them or offers lower lower closing costs are going to be the one They're going to win the business because if you say if you have a two hundred thousand dollar house five percent rate And one lender has five thousand closing costs. The other lender has two thousand closing costs. Who's going to win? So this is this is an absolute amazing opportunity for something like voxter For for exactly this reason because some people are like, well, how is voxter going to perform in such a bad real estate market? if voxter already was Had a big market share in that space that would be a problem because the the the lowering of transactions would lower Everybody but in such an environment where they're going to have to fight for business. This is the best scenario you can ask for Yeah, that's incredible. I really appreciate you sharing that. I knew you wanted to I know you're a big big advocate of voxter and Something that's always struck me and stood out with with you and your approach to investing This the stock has 10xed Are you looking to sell on monday? Absolutely talk a little because there's another 10x left So it speaks to people's Short-term application Right in the market and how you approach financial markets. You're not taking these positions in these companies For six month returns. You're looking at multi-year application and looking at these businesses when they're a seed And and seeing that seed Turn into what it is that you feel like it could potentially grow into so my question to you is Where do you think voxter goes into the future? What what what drives your conviction into the future as to what that you mean you can throw out and say it's well It's going to 10x it's going to 50x Where do you see their their niche in this because you're right it is getting attention. It's holding above a dollar It's rolled off just a touch But it's still holding that dollar mark mind you this stock started on I think at around eight cents And I don't know where your entry. I won't even ask you but To the home gamer. I mean that's a 10x at this point, but to your point This is just the beginning in the stocks. Yeah, absolutely Absolutely, this is a beginning and voxter has more than one division So that a turning opinion letter is just one division. They have a foreclosure division that help helps banks Process foreclosures. I think it's pretty clear where the foreclosures are going now Then they have the appraisal division where it helps banks and helps appraisers be faster Then they have a division of a tax assessment Where they help municipalities put proper taxes on it and then they're rolling out another business where voxter wealth where they will help Homeowners and banks Figure out whether they're the taxes on their homes are correct. And if they're not by how much so So these other divisions are very valuable too, but if I just focus on the attorney opinion letter and there is about 1.5 million transactions per month On the on the purchase and refinancing. So now that interest rates are going to go up Let's say that number is going to go to a million Well, if I and then I can make certain projections if I think if I think that voxter can capture 10% of this market share In other words 100,000 transactions per month, which I think Is very reasonable considering this is a game changing application So if I do 100,000 and they they they will do about 200 dollars per transaction That's That's two almost 250 million dollars Of profit not not revenue Of profit. So then I'm like, okay. How much is 250 million worth? I would say that's worth about five billion dollars Yeah, today the company's market cap is about 700 million So just on that I'm like, wow, it's almost a 10x just on that and I'm not even including the other business units which which are also huge business units so So I don't think I always you see it I looked through about 6,000 companies one by one in order to find this one I went through every single company on nasdaq new york stock exchange canadian stock exchange otc and tsx venture one by one and I found this company And I would have never found it if I didn't go through every single company one by one because it doesn't screen well It that the revenues or the profits weren't showing you had to find it You had to understand it and I used to be in the real estate space I used to be an appraiser and a broker. So I understood but I had to make the phone call I had to do the research to understand what it is that they're developing what what kind of strengths that they have so it If I say that it took me 6,000 companies to look through this There's something special here and I You don't find those kinds of opportunities Very often and when you see something like this in my opinion I just have to grab it That's I think that's what separates you Um, I have the utmost respect for your due diligence that you do um, you you're providing A service really in in a landscape where not a lot of people even will dwell In in your in your wheelhouse marius. There's no doubt about it and um Really really appreciate you coming on and sharing your comments with us tonight, man If it's if it's okay with you you can stay on but I'll leave you the last word And if you guys are interested, please take this opportunity There's a bunch of people who catch this from an international perspective After the friday livestream Please kick over and support mariusz because I tell you what our message and I know mariusz, man He doesn't mean to impugn the the the work of other content creators and all that stuff that that's not the point here Okay, the point is to provide a different perspective and it's up to you to Delineate what it is. It's going to be important to you. Okay And from my perspective, it's super important to accept all opinions And approaches that way it can it can expand your own personal application. So I'll leave you the last word mariusz Please and um, we'll segue. We've got about 19 minutes left in the livestream and um, I'll address my group here and try to talk them off of this, uh Crazy market that we're dealing with here anyway Yeah, well, um, so once again, thanks for having me I would say that If you feel scared in this market, uh, you're probably feeling the right thing. Okay, and uh You know, it's those times that separate the best from the rest When it comes to investing and usually usually it's those kinds of times when you are uncomfortable when The you can plant a seed for the future success Um The the think of it as a down payment the pain that you're feeling right now Think of it as a down payment for future success the bigger the pain the bigger the down payment So, you know, uh, good luck to you guys think of investing good stuff Think of it from the point of view of businesses Investing good businesses great businesses because why not if the market is offering everything on sale Choose good and you know avoid the trash And avoid the things that are popular and uh, and if you want to follow my work take Maybe ryan can Leave the link to my youtube channel in the description Or you can take the impossible to pronounce first and last name of mine and then just type it into YouTube and then you'll find me and you know, I have a playlist for voxster And you know, you can get exposed to other message that I have on my youtube channel Absolutely, I'm providing high high value content as well. Mariusz. Thank you so much for your time And sharing your insights with the group tonight really appreciated it. Thank you for having me. Thanks marius. Be well my friend It's a special treat to have mariusz. Sean. Um, I just think it speaks to my insistence in people understanding that Uh investing needs to be individual. Okay, if you feel like yourself is getting caught up in the hype and this goes for The uh sky is falling approach now if you if you find yourself getting caught up on this I know perhaps maybe I come on and you're like, man ryan doesn't seem very unf... he seems unfazed by what's going on right now Mariusz kind of hit it on the head when he said look if you're feeling a little bit like crazy Wake up every single day. I mean my portfolio it's it swings radically Um from week to week and and from day to day It's totally fine It's not one of those things that i'm going to react to in the acute And it's something that When you when you look at it and say, well, here we go. Here's another down day. I I know uh ever clear boy was in the group here It's so funny, man. I love this guy, man. It's so cool Um, he was making a reference to it's a wonderful life when they do the bank run And he's he's got the few dollars or one dollar left when they shut the door really quick and Whoo, we made it through another week um there's no emotion in investing and Now I look at my portfolio twofold. I look at it like it's um gone to war over the last six to seven months It's incurred some volatility But am I really in that worse of a position now than I was a year ago? If you look at it from the dollars and cents perspective, you would say yes Okay, but if you look at it from Like what mariusz talked about I can really relate with this idea of every little dollar that you can invest while the market is selling off Is just that seed That can provide that payoff down the line and and it comes back to asking yourself Why you invest? Why are you doing this? Are you looking to wake up every single day and have validation in the market every single day? That your portfolio can go up every single day And this is some of the theme that we wanted to touch on tonight is that some of these youtubers, man They feed off of that because the stock market can deliver that It's very very powerful to the upside and it's also equally as powerful to the downside sometimes even more exacerbated And that's what really gets to people is the rate of acceleration to the downside and that Gosh, it took me months and maybe even years to build up to something And now just in a matter of months boom, it's all sold off and here I am Crawling back to the independent investor to try to get some sort of motivation some sort of clarity As to what it is that I do and why I do what I do guys remember this about being part of the independent investor community You don't even need to call it that I do because this is words of advice that I live by in my application Are you protecting your wealth against tax? The answer is yes. If you're doing this message correctly, the answer is yes. Number two Are you wealth preserved in your application? In other words, you look at it in the acute and it's mad But you look at it over any Time frame and the longer you have the more validation that you end up having In understanding that your wealth preserved and this is the core nucleus of the independent investor channel I do not shy away from this in identifying that the elimination of fees Over the long term is the key in this application is the absolute key Somebody invest their entire life and they do not catch my message You run the risk of falling victim to subjecting your money to Fees that can consume your money over time costing you hundreds of thousands of dollars That's the very important element of investing that you want to preserve Stop getting caught up because your youtuber seemingly went left and and you went right Stop blaming the youtuber out there because they're seemingly not providing you answers in a down market That doesn't have any answers to yield right Stop blaming other people for the decisions that you make right This can be a lot easier in your application when you look at the independent investor community And you're proud of the fact that you're diversified buffered to the downside It's a defensive strategy that I believe I look at my etfs here guys. I'm up 15 percent in the vpu It's the utilities etf, which is a sign to me that people are flocking to safety. It's fine No problem, but i'm up I'm up in a down market Now the market's poor right now. There's not a lot of places to hide I look at the portfolio and there's some soft spots in there But i'm still making dividends almost every other day These are pieces of the portfolio that I Want to own it's a defensive strategy that pays dividends no pun intended during times of volatility such as these And it allows for much more of a holistic approach. Okay Do I continue to fund the market? Absolutely continue to dollar cost average the market knows every dollar that goes to work As the market retracts on us our seeds.  All you have to do is hold for the long term. No Propaganda is not sold that way Okay, and I've gone so far as to just shut that off Guys think about some of the things think about where your influences are coming from I I I would hate to say that it's I'm so influential on you To render results in your life that would result in something negative. I I saw one of the comments come through Hylian has ruined me financially Um, it hasn't ruined me financially. I've probably lost more than Hylian than most people have in their portfolio Hmm That's That's a hell of a statement And I'm still grinning I'm still focused on those things that I've Over the last month Have celebrated and I'm celebrating tonight Contrary to the title of this video. Do I think that the world is going to hell? No, I don't I don't think like that. I don't operate like that and I don't live my life that way I don't Is Hylian trading at a 52 week low? Yeah, have I ever traded in any other name that's been trading at a 52 week low? many many times many many times And it just so happens that looking at it in the acute Is Not in your best interest and this is not something you got the angry emoji All right You'd be angry at the stock angry at the company angry at the ceo It doesn't change a thing in the acute The only question is if you're going to be around One year from now if you're going to be around five years from now Where's the company going to be then that is the only fair question If you're going to evaluate the company in all fairness look at the progress that's been made historically Okay, and come up with a present thesis now Do not use the stock price as your thesis for coming to A substantiation on whether or not you take a position in a stock or not. It's futile It just doesn't mean anything just like looking at the stock market in the short term just doesn't mean anything Okay, what are you going to do? You entered into a position what to justify selling out of that position prematurely of the market turning around the geopolitical situation dissolving away Which they always do The stock market recovering real estate stabilizing interest rates Stabilizing the tit for tat right People come out of this post pandemic environment and they want to get busy United states is still the best place for financial markets bar none hands down there wouldn't be The bulk of my money in financial markets any other place in the united states of america Just that's simple. We're lucky to get to participate in these markets It is just that simple and keeping a perspective on your opportunity is key. Do not lose track over that. Okay Keeping cash aside. This is something that I talk about all the time I can't tell you how many times the common theme of the comment comes through social media I wish I had more cash. I wish I had more cash. I wish I had more cash right now You don't have any cash right now Because when the market was going up you failed to identify the potential on the back end for the market to potentially roll off I still have that cash because I've yet to see the roll off Be honest with you and I'm taking a double downer with some of the growth names that I own in my portfolio some of the dividend Paying stocks that I have are slowly rolling off here Okay, and certainly some of the hyper growth and and micro cap stocks that I own I've certainly taken it on the chin. I'm down Fairly handily on some of that stuff right, um Does it drive my decision-making? Uh, it isn't even register on my list What registers on my list Is that the is that the help that we can render in empowering one investor at a time? That's key Right when somebody out of the blue provides me a yeti with my name on it For a thank you For by her admission Maybe potentially taking a step in the right direction in changing somebody's life You think I really care about the day-to-day ups and downs of a portfolio that's come back a little bit from you know 470 to 456 it's it just doesn't it doesn't equate with me This is why I talk about the hierarchy the way that I do I this month came one truck payment Away from owning a truck that I paid Around 34,000 for it was the most I've ever paid for a vehicle. I took my trade in I traded it in I bought it three short years ago I owe eight thousand dollars on that vehicle. So over the last three years. I've paid that vehicle down to eight thousand So you look at that investment that is so socially acceptable in society In taking 34 thousand dollars and putting it onto a vehicle in the transportation section and society would say wow That's incredible. Look at that truck that this guy drives in my perspective I'll be happy when the damn thing's paid off You know, it's a depreciating asset I have lost money On that 34 thousand dollars that I have paid to the bottom line and received no Return on value in my investment other than the enjoyment that I get from driving from point a to point b But we look at our stock portfolios and it's come back a few thousand bucks Or in a lot of cases 10 or 20 or 25 or even some cases much more than that And we somehow cannot look at it with the prism Or the lens that is applicable to stock market application Because we want to apply the same perspective in everything that we do stock market included And that is the one area where you just do not have the luxury of doing that you don't They say what do we do in this market? Okay By the market Okay in chunks if there's certain names that you've seen here You're probably getting a discounted price and some of those names Look to strategically buy the market doesn't mean that you have to fall on tilt and go crazy Buy in the market increase your funding a little bit to the 403b You can do that Increasing that by a few basis points can be that very seed that you plant now that can render tens of thousands of dollars Of capital appreciation into your future just by making that strategic decision now to increase that A few percentage points higher Because you have that surplus capital in your budget to do so So continue to fund the market Take stock of what works or what has worked most importantly A lot of people will look to sell their winners right now Just to preserve capital. It's one of the worst things you can do Take stock of some of those things some of those positions that you've taken over the previous couple months And ask yourself have they been good investments? In other words, have they Did you get caught up in the hype a little bit? I'm going through that deliberation myself and I can sit across from the social media audience and say with all honesty Yes, yes, I believe that I have and highly on is not part of that It's not I look at that investment every step of the way every single injects that I've taken every dollar That I've spent on share zoned and highly on That that's one of my best investments right now and it just so happens to be Trading at a 52 week low right now right but some of the ill timed buys that I took some of the ill timed entry and some of the hyper growth stuff Coming off of the SPAC debacle entering into some of those which are great companies Sofi has just taken it on the chin matterport Taken it on the chin Palantir in industries that I want to be in and I'll still continue to own them and I'll win over the long term But was there a lack of discipline and patience on those? Certainly. Do I beat myself up over it? No. Do I fall on tilt and sell the companies? I don't do that either It's just I critically evaluate and look at the companies that I've bought and say I'll learn myself up for next time and I'll be a little bit more wiser The next time and maybe taking a little bit of a patient pause as opposed to maybe a hype Buy on what I considered to be a very nice dip in the stock and the stock maybe potentially continued to dip What not to do what not to do is to panic. Okay. Remember the plan that you bought into Remember why it is that you're investing Do not make short term decisions at the at the expense of your long-term gains Do not do that unless they're to the positive Investing now invest more you'll never go wrong doing that I highly encourage you guys to look at the opportunity to do all that stuff He says we're doomed get ready for a big war You could be right could be right And I look at each of those two in a box will it affect the stock market perhaps I'm willing to take my portfolio wherever it is that it's going to go over the next 20 years It's just that simple and nothing will deter me from my conviction. Nothing. It's just that simple, but Yeah, you could be right You could be wrong. I heard some definitive talk in my viper group today about this and that happening in the stock market and It's usually about the times where people have started to lose their minds and Start to forecast doom and gloom when the market will do a funny thing and it'll turn on us And it'll go up and it'll do something that you haven't expected it to do Highly on did go up today. I circled it actually I tweeted that and I said let's go ahead and celebrate a little bit, but Anyway got some comments here. Actually, there's a heck of a gallery and I appreciate the support here tonight This was uh, really awesome. Let me scroll through here Everclear says he's new to voxster. Check it out. That's really cool You know, mariusz. He runs a tight ship And to get part of his group I'm one of those folks that are absolutely leery of the hundreds of groups that you can join on on youtube I have one. It's a very very low cost group but mariusz runs his group and He runs it you get access to his unique perspective on the market. So We're in debt to him for coming and sharing his perspective. I will Do him a favor and share His link in the description below as well Just as a thank you for for Spending his time with us. Hit the thumbs up force guys. Really appreciate the support It's been an awesome week here. I will be transitioning back up to new york here and about Oh into june. Some of you guys are curious about that. I'm going to try to keep the delay To the independent investor channel as little as I can the project's not going anywhere Just like I'm not going anywhere and I expect you to take the same philosophy. It's just that simple Investing is a lifelong activity. If you truly truly buy into that philosophy Then then why are we looking at it that we made it another week? You know Why are we looking at it in that perspective? It just um, uh, I I learn up those perspectives. I do I'm always intrigued by listening to different people's perspectives on financial markets and It's always it's always of interest to me to to understand You know different schools of thought In the market. I mentioned Nobody's right or wrong But I think it makes us stronger as a community. It's all your fault in my plan and I blame you for my understanding of diversity and dividends Warren Buffett's got his his perspective on it for sure, but um, He's got the convenience for sure and and I think that's something that A lot of the youtubers miss and it's something that Frustrates me is that they've got all the power in their hands to really really help people and I think Because they're not willing to do that. I think they're incapable of seeing that big picture. I really do I really think they have more of a closed mind of building their message up to all extent And that's what they care about And youtube allows for that to happen So you you really can't blame those content creators for leveraging the power of youtube to build up a powerhouse of a youtube channel It's just that simple. Um, I just wouldn't take it that way and and who's to say my way is perceived somewhat boring But over the long term I think what you guys may judge in the acute for a small youtube channel like mine With 30 000 subscribers will become very very apparent over the long term As I really appreciate you tuning in to the message tonight, man Bid you all the best over the weekend here We will be back next friday on the independent investor channel another final. Thank you to mariush Kickovered his channel very very good to support his message man. Appreciate his time guys. Thank you so much To helping foot stomp this message and mission in empowering one investor at a time I believe we're doing that and as long as I feel like we're doing that We will continue to foot stomp this message into the future as we grow wealth together On this financial path and journey together toward financial security into our future guys. Take it easy We'll see you next friday the independent investor channel live stream


The most common mode of human communication is the use of speech, which by means of a simple description can be broken down to three main events. The production of sounds, the analysis of the sound wave, and the perception of sounds. And these three events taken together are referred to as the speech chain, which constitutes the focus of this lecture. Speech needs a stream of air to carry sounds. But how does that really work? Well, let's just think for the moment about how we hear sounds. Why can you hear me right now? We cannot see any link between us. Well, the sound that you hear is carried by the air. The movements I make with my vocal organs cause vibrations in the air. And these travel across to the microphone, which I have here, as a series of invisible movements called sound waves. Ignoring the digital conversion process that is necessary for the production of this video, the sound waves then leave your loudspeakers or your headphones as sound waves. And enter your ears where they activate a network of tiny bones and cells to eventually enable you to hear me. These steps are the central parts of the speech chain and constitute the main branches of the field called phonetics, which looks at human speech from three distinct but interdependent viewpoints. One viewpoint is referred to as articulatory phonetics, which studies how speech sounds are produced. Auditory phonetics studies the way in which humans perceive sounds. An acoustic phonetics, the third branch, studies the physical properties of speech sounds. The names of these three branches all begin with an A. Alternatively, you could use a P and associate them with the following terms. Articulatory phonetics, the production of speech sounds. Auditory phonetics, the perception of speech sounds. An acoustic phonetics, the physics of physical properties of speech sounds. Let us now look at the main goals of these sub-branches. Articulatory phonetics investigates how speech sounds are produced. This involves some basic understanding of the anatomy of speech. For example, of the lungs which produce the necessary energy in form of a stream of air. The larynx that serves as a modifier to the airstream and is responsible for phonation. And the vocal tract which modifies and modulates the airstream by means of several articulators. Furthermore, since all speech sounds involve some sort of air, articulatory phonetics also discusses the central airstream mechanisms involved in producing the types of airstreams used for speech. The combination of anatomical properties and the respective airstream allows us to precisely define all speech sounds or so-called segments that are used in natural language, where two types of sound can be differentiated. Vowels and consonants. Whereas consonants are produced with some kind of obstruction in the vocal tract, vowels allow an almost free passage of air. Here we have two examples. The vowel E involves an almost free air passage. And the consonant K in the environment of akka produces an obstruction to the airstream, as we will see right now. Akka. Again? Akka. Vowels and consonants are the basic segments of speech. Together they form syllables, larger units and eventually utterances. Superimposed on the segments are a number of additional features known as suprasegmental features. The most important ones are stress, loudness, pitch and length. Let us now look at the second branch. Auditory phonetics. Auditory phonetics investigates the processes underlying human speech perception. The starting point for any auditory analysis of speech is the study of the human hearing system. That is the anatomy and physiology of the ear and the brain. Since the hearing system cannot react to all features present in a sound wave, it is essential to determine what we perceive and how we perceive it. This enormously complex field is referred to as speech perception. And this area is not only of interest to phonetics, but it is also the province of experimental psychology. Let us finally turn to acoustic phonetics. That is the study of the physical properties of the speech signal. This includes the physical characteristics of human speech, such as the frequency patterns involved, the analysis of friction noise, etc. There are numerous factors that complicate the straightforward analysis of the speech signal. For example, background noise, anatomical and physiological differences between speakers and so on and so forth. These and other aspects contributing to the overall speech signals are also studied under the heading of acoustic phonetics. Well, let us summarize. After this short overview of the field of phonetics with its main branches, we should have an idea about the central goals of the field. These goals, ranging from speech anatomy to the physical analysis of speech, will be discussed in detail in further e-lectures. Until then, thanks for your attention.


I just came back from the National Harm Reduction Conference, which, unless you're in, I guess, direct services or, I don't know, some of you may know what it is, some of you may not. We had 1,500 people there. It's the most people we ever had there. That's my day job. I'm the director of that conference. And it was really amazing. It was so amazing and so perfect in terms of timing for what's happening in our country right now. And I guess I feel like I've been walking around the last day and a half feeling a really deep sense of culture shock. Because with those 1,500 people, many of us have known each other for almost 20 years. Our lives have intersected through working on domestic violence issues, on sexual assault, on LGBT issues. And we were in this space together where we just, you know, you could depend on a certain kind of response. So anyway, I don't know why I'm sharing all of that with you. But yeah, but I am. Asylum mythology. The knowledgeable doctor says, this condition is like a chimera, monstrous fire, the hybrid is some of our parts. Yes, I believe in nostalgia. Most of us come from a divided place. And there is always someone who will say, this story is familiar. We are animals, sure, a switch of snake head tail, Hydra, and my mother, her father, the endless heads. Nothing stops this kind of brain matter. Mother is dazzling, animal parts disparate.  A disaster, sometimes naked, sometimes in pale lilac platforms, always a volcano of vulnerability, and fire breathing. She breathed me terrible flame. This swift foot, this chimera, I want to say to the establishment, these women, mothers are never mythological, straight jacket. The term insane asylum gave way to moral treatment, gave way to mental hygiene. The definition of hygiene points to conditions related to a purity of health. The art of health conforms much like corsetry, wood, ivory, bone, and baleen. To tight lace a woman's body to prevent the soft lobes of her from expanding. How to achieve when everything is like calisthenics during an earthquake. Is it a disorder when a woman tears her clothes off in public? Take catatonia, the shape of waxy flexibility of which grandmothers have said, everyone loves a girl who sits still. I understand now why a woman might tire of such heavy garments. Patron saint of wayward girls. Santa Alicia, saint of oil slick to mission street, bless us in the taquerias, cantinas, botanicas, and in the mortuaries, and at the end is Italian bakery where ballerinas dance on frosted birthday cakes. Deliver us Santa Alicia, we don't want to cut our feet on broken glass. Patron saint of the forgotten girls, pin eyed girls, pregnant girls, and girls in high heeled shoes standing on 18th street. Have pity for us Santa Alicia, we hear demons speaking to us from bedrooms and alleyways. Pray for us who have grandfathers, brothers and fathers, priests, uncles and strangers who will not let us leave. Bless our eyes and our tongues. Take us away, give us a chance to numb the pain. Blessed are you among virgins, for you are the one who got away, unlooking and seeing. We used to wonder, show me, what do you look like, onlooker, onlooking, the meaning of all your is twofold, the pleasure, the pain, the politics of photography absorbed into the everyday like a preface, private, public, and sometimes revenge porn. Sense of possibility makes us hurry to strange things because familiarity breeds a certain kind of blindness. We are a new generation of selfie evangelists. How do you look when you look at me? You must know, judgment is the oldest profession, shaming, naming, capturing the holy temple of our bodies, we are all that we are and more. The risk, multiple focal points, all of that gaze, all of that glory, all of our incarnations, holes. How do you fill your emptiness? Rules for the modern girl. One, freedom is attainable as long as you stay. Wear a t-shirt that says, beware the amorphous wet mound. Three, you are allowed fancy underpants. Fly them like you would a flag. Watch out for symbols of vexation. You might have to fly your flag half-mast. Five, someone will say something about a cow more commonly referred to as a heifer. Remember that in another country she is sacred and that she shits in the street while she's walking away. Seven, all of this is cause for celebration. Decide what to wear at the debut of your re-virginalization. That grand poetic tradition, you know, because it's been so quiet in here. And since I rambled, there's just one more, just one more, hold on everyone. I'm not as scary as the elections. I eat respectability politics. Shining in the wake of disapproving looks from nuns who teach sixth grade classes, dare stare. I kept it inside me. Want to see? I carry animals, princess, the house cat in the sable puma. Look at my not so hidden hyena. I cradle hysteria in my pelvic progression. Animals named family tried to teach me to be proper, pose perfection on a plastic covered couch, made mad to wait and watch the Lawrence Welk show on Sunday afternoons. Mutual of Omaha sponsored the wild kingdom. I leaping deer, I pacing jaguar, I growling grizzly, was no animal planet, no zoo parade. Sunday practice tried to swallow me whole. No prey, no mouse, no prim. Slink, snake, encircled myself. I swallowed my tail. I swallowed Sunday. I swallowed Lawrence Welk's entire brass band. My animal halo rides high. I'm cat headed. Play with my food and bite the hand. Don't hate me. I was born to shine, tooth and nail. Thank you.


Are you new to SAS or maybe you're just getting started with it? You're getting frustrated by it. You're seeing stuff with the command line that seems scary or not too sure what it's all about or anything like that or maybe you've started using it but you're not very comfortable or you want something that's a little bit better than just watching your files because then you have to refresh your page every time? Well, if that's the case, this video is just for you. I'm not looking at what SAS is. I'm not looking at how it works. I'm just looking at how we can get up and running with it in a really, really simple way and we're going to start by looking at just getting it up and running so it's watching our files but then we're going to build it out a little bit more using the parcel bundler just because it's so easy to do. It's going to let us have auto refresh so you hit save. Everything's done. It's going to compile your SAS into your CSS but it's going to do a lot more than that too. Parcel is really good at optimizations and a whole bunch of other stuff. It really is just a really wonderful way to work and we're going to see how easy it is even though we will be diving into the command line. We want to simplify things as much as possible and make it really easy to understand and we'll see that it's not actually so scary after all. All right, so I'm in here. I'm in VS code and it's completely blank folder. There's nothing in here. It is important for this that you're opening a folder and not an individual file and the way I did that is just I have all my files here. I just right clicked and I had the option to open with code. If you don't see that option and that should be on doesn't matter what system you're on but if you don't see it you can always just go to open folder here and find your folder and if you'd like to get that you'd have to just reinstall VS code and you have to there's a checkbox option somewhere that gives you that option of having it on right click. Now before we get in and start doing anything there is one tool that we're going to need and you might have it, you might not have it so to check before we get it if you already have it or not it's MPM which requires Node.js. So you're going to have to open your terminal for this. You can see I did that here inside of VS code which is one of the reasons I really like VS code is it has the built-in one. If not if you're using Adam or something else that doesn't have a terminal, if you're on Windows you can use PowerShell. If you're on Mac you can just use the terminal or if you have another one that you prefer using I'm not going to worry too much about it but any of them like that will work and if you want to see if you have what you need you can do npm-v and let's just hit return and it's going to tell me what version of MPM I have which is 6.14.9. If you get an error it's going to tell you it doesn't know what MPM is or anything like that all you have to do then is head on over to Node.js.org and you can install the latest version of Node.js and when you install Node.js it's going to come with MPM with it. It's part of the whole thing. MPM stands for Node package manager so it's sort of a little bundle that you get all together. We're not going to be doing a lot here it might look a little bit scary but honestly it's super super easy. So you just click the link here it's going to go through an installation just like any other software that you might install on your computer and then you can come back to here and be good to go after you've installed it you can just do that check v and see if you get anything and then you can write clear if you want to get rid of everything and just start back over and you can see one of the nice things with being in my terminal here is I'm in the right one so I'm in my folder that's on my desktop so I'm in this this one right here and what I want to do before anything else and this is not part of the SAS documentation but honestly it's a really important step to make the project and future projects you're doing a little bit more reusable I'm going to do an MPM init hyphen y let's make that a little bigger before I hit there we go make it really big for us so we can see it a little bit more clearly and so it's an MPM init y which means init means we're going to initialize an MPM just means initialize and when you do that normally it asks you a bunch of questions so the hyphen y just sets the default so you don't have to answer any of the questions and very quickly what it does is it adds this package.json file here and if you're not familiar with this it's just a basic you know you've the name so it's using my folder name but you can come up with your project name right here what version of the project if you want a description scripts we're going to play in here a little bit later keywords author and the license so nothing that we have to worry too much about at this stage but this is a really important step just to get things rocking and rolling and getting SAS working you don't need to do this initialization but it really does help again as your project grows you're going to be happy that you have this and you'll see why as we get into the second part of this video now we want to add SAS to this project so to be able to do that what we're going to do is an npm install sass hyphen hyphen save dev and what the save dev means is it's going to add it to this package.json file and that's for if somebody else is working on it or you switch to another computer or anything like that and you want to start things up it knows that this is here so that's really useful because then it's automatically when you start the project it's going to install everything you need to get things working again and you don't have to remember all these different things that you're going to install along the way so we're saying npm go find sass and the sass like this is a javascript version of dart sass so it's the up-to-date version of it and the save dev is just telling it to save it into here so we know in the future that this is part of our project and when you do this it shouldn't take too long but it does take a little bit and it's installing a whole bunch and you'll see you'll get this node modules that shows up and the node modules is all the different things that are required for sass to actually work and if you have other things like we're going to add parcel later it's going to add a whole bunch of other stuff to there as well so there we go no vulnerabilities which is always nice as well i'm just going to write clear here and we're good to go except let's just go take a look and you can see in my jason file here it added dev dependencies and it added sass right there so it's just saying that this project requires this version of sass and this little carrot here means this version of sass or higher should be fine but this is like the minimum version that will be acceptable for this project and now we want to get sass working so i'm going to zoom out a little bit here just so we can see what we're doing because we have sass so what i'm going to do is i'm going to come in my folder and i'm going to make a new folder called src which is my source folder this is not the public facing files but this is all the files that are sort of for dev development purposes right and in my src folder i'm going to make a new one called scss because that's where my sass can live and then inside of there i'm going to make a main dot scss file and let's just put a little bit here so this is a nice way just to i always test things to make sure um everything's working so right here i can do my body and then i can do a background of you guessed it red and right now nothing's working nothing's happening it's not compiling i don't have any actual css read um but what we can do here now because we have in sass installed in this project so to be able to get it to watch what we're going to write is sass hyphen hyphen watch like this and there's two different ways that you can get the sass watch to actually watch your files and by watch it means look at a file and take that file and turn it into regular css so we have to tell it where to look for so i'm going to go into my source folder in there into my scss folder and then we have two different options we can either tell it just watch this folder or we can say look at my main dot scss s we're missing a c in there css there we go um and then we can tell it from there what to do with it so i could tell it to take this file and go somewhere else and turn that into a instead of a main dot css maybe i want a style dot css but what i'm actually going to do is leave it like this and put a colon and then i'm going to go dist slash css and this is just going to be you know this could be public instead of dist which is distribution it could be whatever you want but this is the dist is the one that's going to be public facing so this is where all the finished files go um so again this could be public or whatever you want to call it and we're just going to hit return on that and you can see that it compiled this to my main dot css in there and sass is watching let's actually go and check that out let's go you can see it actually made a dist folder and we have a main dot css in here and let's split this apart and we can double check if it's actually working we can change my red here to be f 00 i should hit save here and right away you can see it updated there and it is seeing the changes right here and every time we make a change here let's bring this back to red when i hit save you can see that it's compiled it again so it's working everything is fine everything is working everything is good to go but there's a small problem and that problem right now is that usually what happens is you build your entire site over in here in the source world and right now if i had an html file so it's in my source let's add in an index dot html and so this index dot html is living here but sass isn't paying attention to this sass is going to compile to my distribution but it's not going to do anything with the html if i had javascript it's not going to touch my javascript it's just going to let everything just like hang out and not do anything which i sort of want an html file that's going to end up in there and if i have any javascript i want my javascript to end up in there so how can we do that that's where parcel comes in so i'm going to cancel this we're going to do a clear and we're going to come in here with another npm install and this time i'm going to write parcel bundler like this now i also want to save dev this so save dev or if you want to save keystrokes save dev is also just a single hyphen and a capital d so whichever one you want to do we'll have the same results but we'll do the save dev the long way because why not and let's hit return on that now now this one might take a little bit longer to install just whoa we got an error oh i misspelled bundler let's try that again so let's do a clear um so we'll do that again npm install parcel bundler got the end before i think bundler and once again save dev and let's see if this one works there we go it's working this good um so as i said this one's a little bit bigger heavier than sass so this will take a little bit longer to install so i'm just going to let this go and i'll see you once it's done all right so mine is all done and ready to go parcel is installed so if i go and look at my node modules now there's probably a lot more stuff in there and if i go into my package here i should see parcel is here so in my dev dependencies that's been added in there so that's really cool uh so let's close that because we don't need it anymore and i guess it's not really cool but whatever um and the cool thing with parcel is it just figures things out so what i'm going to do is in my index explanation point tab to get what i need let's close my css file um and actually i'm gonna i'm going to delete this distribution folder for now just to show you how parcel works so that whole thing should be removed actually i want to remove everything there there we go okay so let's just call this sass starter project and the thing that's really interesting with parcel is uh when you use it the you actually want to tell it to link not to where your compiled css file will be but you want to tell it to link to your scss file and that's how parcel knows that you're using sass on your project so that's really interesting um so here relative to here i'm going into an scss oops sc s css folder and at my main dot scss so it's relative to this index file right there and i can you know that's all i need to have set up here so we could take some time to tell parcel where to look every time we want parcel to do something but what we're going to do instead is we're going to go into our npm scripts now our package here which is our package jason and our the scripts right here we don't need a test script so we can delete that and in here what i'm going to do is we're going to make a new one and it's going to be called dev and what my dev one is going to do is run parcel so we're new parcel and we're going to tell it where it should be looking whoops this needs to be in quotation marks parcel and so where should parcel look it's going to look at my index dot html that's inside of my source folder right here um so i could run that right here i could write this in and it would work but it makes it a little bit annoying to have to remember where things are in the file name you want and all of that so we can do that and so the other one want is our build build like that and then what we want is that it's going to look for or it's going to run parcel and it's going to do a build source slash index dot html just like that um and there's a small difference between these so we'll see what they are in a second and so dev build there we go we're ready to go and we can use that so now what i can do is write in npm run dev and it knows that i want to run this script that is right there so let's hit return on that so it's saying npm go look in your scripts folder and run this right here and look at that built in and look over here my dist folder that that this is parcel just created this dist folder here there's an index file and look at that there's actually nothing in there because i don't think i saved this file so let's hit save on this it's building the site oh and it actually compiled my css now and look at all those things that just showed up isn't that really cool so because it was linking to this main.scss file it knew that it had to go and grab this and compile it into regular css on its own and the wonderful thing with this is is opened up a dev server that we can use so i'm going to control click on that to open it up in its own little window and you can see that right here so let's get this set up so we can actually see what's happening and if i come here in my body and i make a change uh hello world hit save it's automatically there i don't have to refresh my browser to get that to show up or let's come here and change this to pink so our eyes stop bleeding and i just hit save and it updates right away i don't have to do anything else which is so fabulous and so fun and so easy and it's just going to keep running keep watching parcel does more than just this though it's doing a lot more so i'm going to link down in the description uh two parcels documentation so you can see all of the amazing things that you can do with it um because it will make some javascript and some other things along the way as well so just so you know what it's doing what it can do with your javascript if you're using javascript in your files um but it's really cool really easy to get up and running with it and here it's always doing that if i ever need to end this i can just do a control c and ask me yes i want to terminate and now i'm i'm back out now the big difference between the mpm run and the mpm uh sorry the dev and the build the dev one's going to watch your server and any changes you make is going to happen build doesn't do that but the run uh the the watching one or the dev one goes much faster it's not doing any optimizations it's just like boom it's making your site as quickly as possible so you can keep that thing going if you do the build it's going to optimize your site a lot more so it's very slow to run but the final output of what it's making is much more optimized it's going to run like css nano auto prefixer uh i think there's a whole bunch of javascript stuff too it it optimizes things but it means that it builds things much slower so when you're just doing development work you want to be using your mpm run run dev and then it's going to do the development server and then when you're ready to push the production they're ready to put something online you're going to do your run build and then get a more optimized final one and it's your dist folder that's going to have and it to be in your dist folder where everything that's ready to go should show up in there now one last thing that's really important is i'm going to be putting this up on github and i would recommend that you get your stuff up on github in general it's a nice way to do version control and also if you're working in teams is sort of a must so another thing we will want in here is a dot git ignore and the git ignore means you know ignore these files when they're going up and i want to add node modules uh with an s to my git ignore file because i don't want to overload my you know git doesn't want all that stuff in there and you don't have to download that every single time when you're forking off or when you're downloading it it's just it's giant files that are being hosted for nothing but that is if you're coming in with something that's already been set up you're not going to have the node modules in there so before you start the very first thing you want to do is an mpm install and what that's going to do is it's going to look inside this package it's going to look in any dev dependencies or main dependencies that you have and it's going to download everything into your node modules folder that it needs to be able to function properly so if you're downloading from the link down below that has everything here already set up just use the mpm install first and then after that you can start going uh in the final one you'll also see a read me that has a little bit of documentation so if you forget that at the time just make sure you read the read me before you get started and you should be good to go so i really hope you like that i hope you learned a couple of things along the way there and you have now have sass up and running now as i said this video is not diving into what sass is how it works all of that so if you're looking at learning more about sass there are links to other videos down below but also i am looking at relaunching my sass course i did create a sass course a while back and since then sass has completely changed i'm re-recording the entire thing they switched over to what we call dart sass now and they added modules to it and it's growing a lot as a language so it just needs a complete re-record as i dive into that new material and then work with that so i am working on that as we speak now this could be from if you're just starting with sass or you've been working with it for a little bit but you feel like you're just scratching the surface and you want to really explore it and up your game with it so if either one of those is the case and you're interested in updates on the course and being the first to know when it finally does launch there is a link just down below where you can sign up for updates on that thank you very much for watching this i really do hope that you enjoyed it and you'll be able to use this build in your future projects a really big thank you to my patrons for helping support me every single month and of course until next time don't forget to make your corner the internet just a little bit more awesome