the independent investor channel for another Friday live stream here. It's amazing how quick the weeks go in between live streams. It's amazing how quick the live stream itself goes. This is the past of 60 minutes on YouTube. It is the greatest show on turf. No doubt about that. We try to strike deep and continue to keep the discussion hot on this topic for individual investors.   Maybe you think you know it all and would consider me a know it all, which I do know a lot. I find that a lot of the problem out there in the investing landscape is that a lot of people don't know anything. And what they think they know was probably wrong. And they'll try different things and fail at it and then they'll just throw in the towel and just you know give up. And I think that's too bad. I really do. I think a good mix of a good piece of employment along with a good discipline plan to where you can make sense of this investing gig for you. I think the better off you'll be. Now what does that mean for coming on to YouTube and relating with a fellow like me? Okay let me just say this up front. I don't come on to YouTube and contend or insist that I have all the answers. I'm a searcher for those very answers for me. I will look to find those fundamentals for you. That's one of the things that makes me very unique. I am one of those guys that doesn't mind helping and I don't mind teaching and I'm pretty good at it. But if you expect perfection from me my friends you need to really open your eyes to the fact that there are a lot of things in life trying to chip away at you. And it is not easy. It is hard.  It's much more difficult and it's much more individual. That's the cool thing about it. I wish a lot more people would actually talk along those lines because if you can come on and you can say all right you know I can see this guy's obviously passionate. What is it what is the relatability that I can actually find in my own life? I don't know anything about investing. You know I'm a little down. You know I seemingly look around and I see all these other people who seem to have everything that I don't have. You're not alone okay. It's really easy to get caught up in that in the United States of America especially. But I will tell you this and something that I've learned and you know I'm a little bit older. I know most of my demographic is people who are a little more you know my age a lot less you know the young folks because they already know it all and they don't need to hear some some old foggy like me talk. But one thing I have noticed is that if you're judging somebody's success based on what you see or what you perceive you are probably perceiving the wrong thing. Okay so why do it? You'd be so much happier if you would just focus internally because you are the one who actually knows exactly what your deficiencies are and even maybe what your potential is both known and unknowns. Know what you think you want to do in this life whatever it is career relationships financial wealth and health and well-being things like that. So you guys have to kind of understand this is an individual gig. I don't want people to come to my channel. I've been doing this on YouTube a long long time and I've earned one of the greatest one of the greatest aspects that I could ever have as a content creator and that is the freedom to create what I want when I want. And I take that very very seriously. If the channel ends up staying at those levels for the rest of my life no problem. I will probably be doing this project indefinitely. It's part of who I am. I enjoy teaching. I enjoy the camaraderie. I see that the gallery's spilling up just like it does every Friday and I'm super glad. I'm super super stoked for your guys' time. I really am. I take it very very serious. I look forward to this hour. This is what I devote my time to on a Friday evening to come and revolve around this topic but I want to make sure that people come in and they get hooked on the message. They get hooked on the relatability of the story. How many shares of VOO do you own? If you own the S&P 500 declare that in the thread for everybody to kind of see. Let's make a goal to get everybody up to 100 shares of the S&P 500. If you don't invest get yourself up to your first 10 shares of VOO. I just saw Matt pop in there so I'll make Matt happy and say why don't you just buy the best S&P ETF which is SPY. Go get yourself 10 shares of the SPY and start yourself up on a passive investing opportunity. Look man you want to go buy that puffer jacket? Go buy that puffer jacket. You go girl. All right. A lot of people can't relate with the fact that buying equities means what? I don't understand what I own. I can't touch it. I can't feel it. It doesn't make me feel good. I don't get visual stimulation out of it you know. Does it mean that you're investing in the S&P 500? You can't do anything else in life? Hell no. It fortifies those wonderful activities. It's just an aspect and a slice of your life that I would presume that a lot of people are extremely deficient in if not it doesn't exist. Okay. So people come into the message if they're lucky enough to do so. I'm the most unknown platform out there absolutely but if you do find your way to the channel based on referral or based on a search through YouTube you're lucky. Subscribe to the channel. Okay. I'll be the one YouTuber that'll come on and be like yeah if you talk to me in person this is exactly how I am. Okay. This is always what I wanted to convey on the channel. It's something that I couldn't convey when I first started with my GoPro and I was like hello. Hello. Welcome. If you think creating YouTube is an easy thing try turning on film and actually putting content online for people. That's why I gave all that stuff up a long, long time ago and I just come on and wrap with my audience because you guys are just awesome and there's a lot of really good people out there but I do contend that there's probably out that people out there was self-doubt. This is a topic that can humble you to your knees. Okay. You just got to learn how to handle it. All right. I've been doing it a long, long time. I don't ever understand the time in my life where I was void of investing. Super stoked about the progress and here we are. We sit at a really interesting impasse of the channel and the financial evolution and whether or not I'm ever going to be able to turn out that seven figures and make that self-made millionaire status is still up in the air. I'm happy now. I'll be happy then. It's not going to make me sleep easier at night. It'll just be an acknowledgement of something that has been a lifelong goal and one that has taken a lifetime to earn and one that I would expect anybody out there that's starting off early enough to set that as an achievable goal, financial security, if that means earning that seven figures then so be it. But it is a realistic goal and I would contend that with all of the things that I talked about at the top of the stream that are picking away at you, high interest rates, the difficulty in the real estate market right now, the difficulty in getting into debt with school loans, with a college education, finding a job, those types of things. Finding a job you like, find a job that pays.   Working a ton of hours every week so you can't go find companionship, which is the greatest investment you'll ever make and find in your life. I look back on when I was poor and it was some of the happiest times in my life. Now I was happy on some fronts but the inability to actually find a place to live and feed myself and actually have spending money to do certain things was non-existent. So as you evolve in your life finding that balance is just huge. Finding that fortification of each of the different aspects that you put value on. Now maybe people that come in and maybe they don't put a lot of value on finances. I typically blow the doors off being reserved in discussing the financial topic. I enjoy the topic too much. I think that there's way too many people who would subject their money to a financial planner and not endure the personal rigor of self-education enough to know whether or not your financial planner is worth their salt or not. At the end of the day investing in the stock market is just about as summed up as simple as I'll sum it up to you now. Buying equities and pledging that those dollars to equities. Now it's the form of the equities that we talk about that can really help you define a program for yourself that can be lower risk. Conservative and diversified yes but also low cost. Very very important to understand that element. Very cool. I got Anna and the group here who's talked about two VOO as well as nine VTI shares. So two of the most premier ETFs out there and I own them both too and that's a really good starting place. So what you want to do is you want to just earmark at nine VTI. Your goal is to get one more in there so you got a nice 10 and the same thing with your VOO shares right. You just continue to dollar cost average those out as you can but make no mistake about it. You're getting some value tonight in that I'm showcasing you and thank you for sharing your holdings. It's really really cool but what that can actually what it means for you you know you're probably up in your shares the market's up a little bit right now year to date and it can be sometimes tempting to just say well do I sell it all and and you know live to fight another day. I think we're going to have a really interesting rally coming into the years in that's my premonition but they're already talking about since they didn't get the recession here in 2023 they're already talking about okay well it must be in 2024 that we're going to get the recession right we need to start talking about that and I look at this stuff and I'm like what what is supposed to come out at all this discussion. Are you are you catering to people who need to hear that stuff and and what what they ask the question on CNBC all the time well what what's a normal investor supposed to do with this advice. I'm curious as to what we're supposed to do as well I know what the right answer is but I'm curious to know what you all think what are you supposed to do with your time if the inevitable recession is 2024 you said the inevitable recession was in 2023 what were we supposed to do about that so most of the people who have been sitting on the sideline all of 22 there's a few of them that are pissed the Wells Fargo analyst he's the funniest guy yeah we're sitting on the sideline you know we've got a target on the SMP of 4100 we're going to wait and inject right at 4100 you know how many times I've ever seen that effort to be actually played out in reality never it's a futile futile effort and this idiot should know the difference between speculation and investing just invest in the market I don't know who they're investing for I don't know who they're investing with I don't know who who the hell is giving them an idea that somehow staying on the sideline for an entire year waiting for this target SMP 4100 I'll tell you what man if there's systemic shock to the market and the SMP goes to 4100 it's probably going to 3800 all right so why don't you just dollar cost average the markets anyway buy it at 4500 buy it at 4200 buy it at 4100 and buy it at 3800 who the hell is this guy on YouTube freaking Jesus he's got all kinds of ideas about the stock market you have a minor right right unless you just want to sell it all and wait for a better day you be the judge okay just be an investor in the stock market live to fight another day and go do what it is that you do with your time to make you happy all right welcome to the live stream everybody fantastic feeling super sassy it was actually a good come back week we're coming into historically the worst month of of of the history of the stock market and that is september we should sell everything and just come back at the end of the month when september has just gone away you gotta be kidding me you know what's funny about this man is investing as a whole hell of a lot easier than the pundits on cmbc who are looking to generate churn guys if you look below the surface if they just came in and talked like me it would probably gather about 34 subscribers every single day on cmbc as opposed to rogues and millions that they actually have to sell a bunch of propaganda to to make their channel channel have merits i could care less okay you can unsubscribe if you don't think there's value here you can go a different way if you disagree with my idea that just buying financial markets and owning them indefinitely is absolutely the best way and everything less than that is uncivilized my friend i appreciate your time we'll be back with you in just a moment jared's in the house man he's an original gangster to the independent investor community he's just a patron who's trying to do right by himself um by declaring the strategy here that he shared with the group he always been the investing strategy this year uh it's a good one you know on off 2022 20 right to good idea um i too have been focused on emboldening my position in the smp 500 um i will tell you guys right now and we'll play a little game on the independent investor channel all right since we're looking to empower one investor at a time and we've had a few folks that have come in that have actually declared their positions kind of fun actually to do that kind of see where folks are and starting now the two voo position there from Anna she's shared with the group here that's about a $400 etf so that's about an $800 position you understand the power of that position averaging about about a little over 10 11 12 certain years her year over each of those uh $400 blocks that she's purchased right and we'll look to add to those over time but really cool to kind of solicit that and the reason why i do that is to try to get some connection with you guys i i don't expect you to come on and relate to me a lot of people would come on and suggest that i don't know if i know it all i'm on pompous or i'm an asshole i i don't know i'm really not um that's the funny thing but i'm at 90 so to get up to 100 shares of voo would be around a $40 000 bill that's that's a lot and i challenge a lot of people out there if if you had the you know the 10 shares you're looking at for you know about about 4 000 double that 20 about 25 shares would get you to about that 25 000 level in the smp 500 so the voo can kind of help you break down certain thresholds and you say well what's that all about you know why don't i just buy jeppy why don't i just buy a nice dividend btf look stay with me guys you this is not a channel where i tell you what to do and you do it's the opposite of that i provide you an insight to what i do okay and and i don't spend a lot of time mulling over the garbage in the stock market what we're talking about here with spy with voo with vti with ivv with uh schd vy m vig those etfs are cream of the crop so when you start arguing with me about you know hey i want to go over here and do this you could probably find a really nice etf that gets you comparable performance if not better performance than vym but now you're thinking for yourself fantastic we're we're making an impact all right but 90.59 is the current position and voo that's about 37 000 so we want to get up to that 100 so that'll be the kind of the threshold is 10 25 and 100 so i'm i'm still under the 100 threshold and and trying to achieve that 100 uh threshold now that 100 for me i will share because this is kind of another piece of insight outside of the relatability to the channel the position that i hold is those are all tax protected shares in the rothi array so a doubly valuable position in the smp 500 the the voo now the vig 230 i would consider the the the the the baller share ownership in there to be 250 shares of vig um that'll put me around what 45 000 or so dollars in the position that's pretty awesome uh and so we're a little bit under that so i'm going to kind of declare to you guys as we dollar cost average those positions over time they are to be bought and owned right so Anna those positions that you own just just keep them and hold them as an asset if you have a little bit of surplus capital start to build those up make yourself a goal to get to five voo and 10 bti right do what you can when you can and and live to fight another day it's really kind of a simple concept to be honest with you and furthermore allow yourself to be proud of the program that you've put in place for yourself it's very important for you to be proud of the fact that you own that okay and and and not get discouraged when those assets decrease in value because you wanted to really buy that puffer jacket you know and now you're really mad at Ryan for you know maybe suggesting i don't know that investing is a good idea and you know you know you heard of somebody that the one nine trillion dollars play in the lottery and by god you know i i could have won that Ryan had i not invested in in in in equity right i could have won that money Ryan it's all your fault that i'm not a quintillionaire right you you you bastard unsubscribe you know it's all my fault but the the the other one that i want to share with you guys because i wanted to share a dividend dtf is the schd which i do own a hundred shares so i'm actually neutral i would have what i consider to be a pretty strong position in schd that's about a seventy eight hundred almost a seventy five hundred dollar position in schd which is another good dividend provider vym would be on par with that the vig is more of a dividend appreciation fund so along the same line but a little bit different makeup of the stocks that they're looking to go after dividend growers as opposed as opposed to established dividend players okay so a little bit different i look at the performance year over year i'm super stoked with both of them they're really good assets and quite frankly i would rather spend my minutes revolving around those incredible assets that are out there dude investing is awesome i mean dude puffer coats are awesome too but freak i mean owning voo i mean anna tell me do you feel good owning that or is it just like hey i i don't know you know i'm scared ryan i don't 2024 man you said they're gonna have a recession in your title you know i don't know you know that puffer coat is looking awful tempting right now you know but doesn't it feel good doesn't it feel good to be saving for your financial future you know i i've sold stock before and i've always kind of suffered from a guilt trip from doing so because why i i do it in the short term and then i'm like now i have a fat load of cash and what's happening to cash every single year it's losing value enormously right i think it's a really really good place to park some capital and if you park it in financial markets and you've got time on your side you've really set yourself up to benefit from the effects of compounding growth over time and that's going to be the least apparent when you start investing and it's going to fortify over time you know i i just did back below 500 000 for the 12th time um i've made the 500 000 mark i think one of these times i'm just going to blow through it and i'm never going to see it again um but i'm at 498 right now i was as high as 520 before this kind of hiccup started through august august has been kind of a tranche gave back 5 percent no big deal some of the speculative names have kind of trimmed a little bit there but sitting around the 500 000 mark just kind of bobbing around you know what i mean and and you know i i look at it sometimes and i think about all the puffer coats that i could buy with that 500 000 and i i think you know how awesome would it be to to buy you know um 5000 puffer coats with that money i that would be incredible man i could buy one of every sports team out there i i could probably take my money and almost buy um every air jordan ever ever made you guys ever get crazy about like looking around like people aren't cool unless they've got air jordans look i was a big michael jordan fan i get it he actually influenced my life to like kick that ass and aspire to be great in a certain thing but do i have to wear air jordans i look around and i'm like you you probably never watched michael jordan like the new generation that's all they know he's he's kind of a sneaker guy and i think he played basketball back with will chamberlain no no he he was a stud he was really good he is the goat for sure but yeah i feel motivated not to buy air jordans just to kind of fight the system out there you know go to the mall count how many air jordans are walking around it's pretty amazing i guess you gotta think like everybody else you know me i fight the power it's just an opportunity to not think like everybody else you know what i mean but i give you some relatable characteristics i don't declare the portfolios very often anymore i do have to take the m1 finance portfolios those are no longer available through the channel i can share those every now and then on a case by case basis one on one i don't want any compensation anymore from them they switched over to racketon and i don't want to i don't want to deal with that anymore sharing portfolios and things like that i love the way that the portfolios are established i still have the m1 sector portfolio and it's doing great it's made me a ton of money the dividend portfolio with 97 holdings is about 8500 dollars of just capital appreciation with a $2,500 bill attached to it it's a couple of years old it pays me dividends every year every day excuse me not every year every day i love it it renders about a 343 dividend yield off of the portfolio i love it and then finally the aggressive growth portfolio with nvidia tesla adobe amazon microsoft netflix the fang names uber lulu lemon and therapy and b that's the aggressive growth so if you guys want those portfolios you can hit me up you got to take a little bit of an effort and i'll send those to you it doesn't mean that you have to invest in them but you can have them for reference i don't care to make money off of that i make money in other capacities and i don't really care to do affiliate marketing anymore on the channel it's kind of stupid and kind of feudal and contrary to popular belief it's just a fantastic way to get yourself rich i'm not a leech i'm not a parasite i don't need your money you want to use my portfolio or have some insights in it at least get it you can take a look at it all right i'm willing to share those but i'm not i'm going to take them off of the description of the channel going forward it's not going to be offered anymore so um for you guys that did get a hold of that stuff fantastic i mean that's just benefit that can help your bottom line and i can guarantee there's people with multiple dollars in the community that have actually grown those dollars over the course of being a patron of the independent investor channel community and would not have grown those dollars had they not had the motivation right the insight the foresight the wherewithal to actually put a little program in place that's just a presumption on my part just a presumption i don't need anything i don't even need to thank you okay but i know they're out there i know they're out there and i know we're getting to people and proving to people that you can make money and that the lottery is not the only way the regular people can break out a little bit and provide themselves some financial security and i don't know maybe dare i say hope because the way things are going right now and you tune into media i don't watch the news anymore guys i don't watch it waste of time the only tv channel i watch and quite frankly i watch it 10 minutes a day during my free preview because i stream now i don't have direct tv i used to watch it a lot more i watch it 10 minutes a day and it is the only channel that i can stomach for 10 minutes and be inundated with who comes on there i may disagree or agree with but certainly don't watch the news and you watch the news you would think that the world's going to hell i was like jesus christ i felt good before watching that you know i don't feel so good anymore god dang it i talk to my parents all the time and they're like yeah right you heard about this this this and this and this and this and usually you should be worried i'm like well hell i i wasn't worried before you just told me where the hell did you hear that that box news why don't you shut that off i don't know go stare at a plant go do some gardening yeah yeah i don't know go hose off the deck go do something productive that's not productive i don't know maybe they think it's productive maybe they think it's education i don't know i think it's inundation there's a big difference mm-hmm hell it could be education for all i know i just think it's a big freaking waste of time i don't know go start a youtube channel press play on that gopro see how fun it is um so that's the relatability once you get that relatability you can kind of buy into this a little bit some in the group actually have some of that stuff very cool i'm glad you do then you want to adjust over time okay so relate with the message and then adjust over time where you can kind of look at that i looked at it and i was like okay get to 10 get to get to five right add one every six months right everybody's working on different budgets and that's okay okay i don't come from money all right i come from the dirt anybody else from the dirt raise your hand it's okay come from the dirt i come from the dirt actually there's more mud i come from the mud raise your hand if you come from the mud a lot of people out there are like i don't know man i was rolling around in golden silver growing up ryan you know i tell you what i had all the advantages good good good for you that's fantastic uh i didn't i had to earn it all so every little bit when i look at this half a million bucks and when i look at the prospects of what this could potentially mean for the positions that i'm sitting on um will i make it i don't know i'll be happier to pig and shit if it happens i'll appreciate that's the difference right when you set out on this journey when i set out on it 30 years ago right there was no promise of of guarantee there was no clear path to two riches that there was there has been no getting lucky for me all of this generating of churn and building portfolio to trip and fall and bust my teeth out a thousand times that's all came from trial and error you you think i just ordered the how to start a youtube channel and they sent me a how to start a youtube channel book and i read it starting with chapter one and here i am right hey how you guys doing no no they're very heartfelt this feels right i love doing this and then that's the difference between me as i don't i'm trying to prove that you can actually do this for fun and actually not do it and subject yourself to the whims of youtube to hell with them i'll do the project in spite of youtube it's funny and now i'm making more money than i ever made on youtube it's funny so now i get to keep creative control i get to share with you guys some of the stories that we share on the channel i'm adjusting my program the same that i'm charging with you guys to continually kind of look and and and and and and adjust fortify which is the the next thing you want to do is kind of always look for areas of improvement areas where you can add to fortify your program once you have an idea you've convinced yourself why you do what you do right go ahead and fortify that and then finally get to a place where you're thriving i've been there for a long long time all right you suck i'm highly on you suck and suck and suck suck suck i don't suck i'm thriving kiss my ass figure sooner or later you'll figure it out new arrogant prick yeah whatever i'm going places i'll teach you how to do it i don't recall sending you a bill to plug into the independent investor channel i thank you youtube for providing this awesome forum stream yard for providing me the opportunity to come and talk to you kind folks pretty badass i think it's great i get to meet people all over the world i don't know who's going to come into the live stream from friday to friday i have no idea i'm waiting for somebody to come into the live stream and be like this guy's awesome let's just give him his own podcast let's just hire him for two hundred and fifty thousand dollars a year they should there's a ton of morons out there that make a ton of money providing a whole hell of a lot less value than i do free of charge on youtube there's a lot of patrons of the community that would agree with me i don't screw around i don't patronize i don't be a patronize talk down to people because i actually think you do have value where you may not identify that you have that value i'm telling you you do you do pull the plug on the tv and then you'll be like dang i got dang right that's it i turn into ryan he actually says i have value but you do that's the truth of the matter society would have you believe that you just need to fall in line like a hindu cow right and just follow along with the rest of the lemmings right pay your taxes and die no no suck the marrow out of life i just watched dead poet society this week so that's that's the marrow from life you understand let's get some of these comments in here man very cool victor was first in the group here man vip to the channel for sure it's great to see a victor man and jared's in the house man everybody cool stuff mr tom is in the house he says mr ryan you sell puts i have sold puts yes or do you wheelstrap to your any other type of options collect premium i've been off that for a while tom thank you for the question i have been off on aggressive investing i haven't done a lot of swing trading or options um to boot i i i i was really getting really over levered in options for a while bought a lot of leaps on some of the speculative positions and it's looking like those are not going to materialize over time but it's certainly one of those things that i will reintroduce with cash secured puts and some covered calls on positions that i own i need to do a little bit of transitioning in the portfolio to make that a reality for me um and i'm trying to make a move here tom right just to give you some insight over the last couple of years my press in the stock market has been in the micro cap market oh god ryan ryan everybody loses at the micro cap market no problem when i'm done losing i will come back to the value piece and and we'll be fine i just so happen to believe that i am looking at and i i believe instead of playing the lottery i think a lot of people should actually just pay attention to opportunities that are out there um and i would venture to presume that there is some money in the micro cap space all right parcel pal reported this week blew up and i blew it out stocks up 70 percent something like that in the last four days i can't even i i funded the account to try to buy the shares and i couldn't i feel bad um i own 100 000 shares of the company but um i was gonna quadruple that i was gonna put another 400 in there to get me up to a cool half a million and um the brokers are playing funny games now in that they don't want to empower people like myself who actually like pay attention and like have bettered my odds like in other words i think that playing the otc market is better than playing the lottery i say that tongue-in-cheek i've i've made money um and i do make money um and i play it different than a lot of people all right i invest i monitor it but i really appreciate the question i'm just i'm a little off this right now um and i do want to get back into it later on in life to generate some of that income especially in the Roth IRA man where i can draw off some of that income um on some of the larger positions that i have and i would do it in the value positions that i have i'm no more speculative anything i that that's just silly i'm not i'm not going to do that anymore but i appreciate the question tom thanks for coming in brother really appreciate you man and jamie's in the house man my hurricane survivor appreciate that brother i couldn't respond to you i was on the elliptical jamie so thanks for the report i hope everything is okay it was good to see it my friend smoking twoards in the group man jesus man you don't have to call me sir man just call me ryan it's all good i appreciate you brother thanks for coming in man very cool thanks for spending a few moments to drop a comment in the group it means a lot to me man very cool kelvins in the house kelvins another brother from another mother man it's good to see you good to see man i you know picked up a lot of cool cool cool people over the years kind of cool um chances are i mean may not meet a lot of you guys but i do want to meet some of you guys someday i think that'd be awesome and kelvins been with me a long long time and i appreciate the support over the years brother i handshaded lights in the house eric great to see you my friend very cool stuff man he's also my brother from another mother that's how danny good evening fellow investors fantastic reptile daniel wow fantastic like-minded people thanks in advance a rdx i have to do a little research man i don't know i don't know my portfolio is pretty uh fortified right now so i i don't comb over it enough to just uh report out and as far as seeking out new opportunities i think i'm a little flush in that category so like one of my friends said i need some of these theses to kind of play out a little bit otherwise it's going to make a wire out of a which it could very well do you know a lot of people are sitting back and being like hey he's going to get clobbered all right i'll get clobbered for your entertainment it's all good i will be fine with all the clobbering i've incurred over the last three years man with no avail whatsoever it's amazing we're in the position that we are in and we'll calmly continually tread john for hopes of better days and i think they're coming i really do i think they're coming these companies cannot be ignored again not only did the letter from the ceo catch my attention from mullen automotive but they've actually taken it one further in that they are accusing certain brokerage houses the major brokerage houses of foul play in in in driving down their stock and you know brings me to a point anymore and this is kind of why i don't do stock picking anymore per se and i'm it'll be something that i do later on in life when i don't have to do it as as a luxury and not a necessity stock picking as a necessity is dangerous uh trying to generate income i'd rather i'd rather see me um therefore i would rather see you just invest passively in the markets and then we could talk about cool stuff like puffer jackets and cool stuff like that you know what i mean just invest passively because i can come on and make it sexy right but it's not it's boring right buying the voo is easy the the cool thing inherently about buying the voo spy sorry matt is the um the ability to be an investor um and not be a lemming to to to put every cent and every dollar into a tax protected account that is owned by you if nothing else man start a self-directed account just for the just for the sheer the sheer um um meaning behind it honestly you can buy a Roth IRA and spend annual fees dividend reinvestment fees and dollar cost average fees fees and fees and fees but the greater good of edward jones why why do that i don't pay a dime to my broker zero nothing nothing they get nothing from me i'm probably one out of thousands and thousands and thousands of self-directed investors that's fine i use them i abuse them and if they want to mess with me i'll go down the road to another one it's fine fine think for yourself man so it's your program it's your money tell them how it's going to be don't let them tell you how it's going to be tell them how it's going to be and with the intent of serving you not edward jones not merrill not td ameritrade not fidelity they've got really cool sounding names charles schwaab i'm with charles schwaab it's an account it's it's okay man it's all good i have 20 of them i treat them all the same mess with me i'll shut it down look at your money in the way that i expect you to look at your money it's yours it's not anybody else's just because it's out of sight for a lot of people it's out of mind it should be out of sight for sure but definitely not out of mind and certainly not out of sight in mind enough to where you just like feel bad about soliciting your financial planner or your broker or calling your bank and and asking them about these fees on your statement what you're kidding me i'll let i mess with you i'll let i mess with you man the ultimate goal on this channel man is to get 249,999 of savings blocks in as many counts as you can why because the fdic insurance over those accounts as much idle cash as you can possibly have on standby as much alternative investments gold and silver set aside enough foreign currency euro put aside for yourself right fluctuation of different currencies right you ever thought about our own another currency i do i own euro mm-hmm it doesn't show up in that figure i was just kidding about being below 500,000 i was just kidding you know your boy ryan's got your back man i don't i don't mess around this is my life okay you guys will find man if you put in half the passion that i put in you'll generate capital you'll generate financial success that you never knew you could generate you just got to put some effort toward it and again some people come i you know it all and i'll be like dude you don't know shit right so like what gives i of course look like i know it all because you don't know anything like okay okay look i i spent time paying attention to this stuff enough to where i can teach it right now to each his own man you want to call me names i i'm i'm too busy to call you names so it doesn't happen you guys getting paid you're paid every day man every day it's a good thing man it detanks in the house man very cool it's great to see you man miss the faster 120 yeah we'll pull it out one of these days um you know if if if i end up actually pulling this magic act off and actually proving people that i can manufacture a lottery win enough to where i can buy a lifetime supply of buffer jackets but the channel is going to explode and you guys don't be the beneficiaries for it man detanks will come on and be like god dang right i got people like jesus asking me about your channel at the hell i'll be like damn d just go start your own channel it's all good you'll have 50 000 subscribers before you know it man i'll be sitting at like two million subscribers they'll be like god dang this guy he's a real stock god god you thought gopro was good go check this guy out he actually creates results man it's incredible yeah i know i know i know i create results man it seemingly i've got all the uh all the secrets and nobody nobody knows it anything about it i got james in the house man appreciate the twitter support this week brother pay attention i've been off the twitter a little bit there's nothing i want to do more man than to pull out Hank and start like rattling that guy's cage man there's no no sense of urgency whatsoever i sense on our project that's for sure you know if you go on to the latest the last news release it's that highly unreported earnings on august eight all right maybe maybe they just took the month off not sure i hope they're having a good time this labor day weekend that's for sure i don't know it seems like they're just kind of taking their time and why wouldn't they i mean thomas makes what million-dollar salary every single year why do i not just slow play the thing who really cares if the project even makes something of itself man it's all good it'd be my last hara it's all right i can make millions without that those risks anyway be honest with you i can just legitimately invest myself to seven figures i don't i don't need to accelerate it like that that's for sure one of the one of the worst one of the worst spots i've seen myself in right now and and um you know progress at the company's been good but man i think they can do more it's pretty um pretty unfortunate to watch this thing that's for sure we're going to pump v o o up we're going to pump v o o it's brandy macho man savage right just watch that show it's pretty funny we're going to pump you up right yeah what does he say that's so good can't do a very good brandy macho man savage all right here i mean i'll believe me later very cool it's cool get some my dividend dreams in the house man it's all good man you can come in as you want it's an open door policy we had a pretty good attendance tonight very cool stuff got a few minutes left on the live stream very cool i like to hear stuff like this mitra dates his portfolio hit an all-time high today that's awesome congratulations man that's one of those things that i kind of talk about in the thrive category i you know can success be found in this dark market i can tell you yes i'd rather show you mitra dates comment that's what that's what hits home for me man that kind of stuff it's glad to know man that uh you were able to find what you needed to empower yourself to to those types of acknowledgments now you know they don't happen every day but when they do happen i like to hear that stuff i really do it's really cool she says i never sell what summed up in three words yeah one of the best pieces of financial application you can you can have never sell own eventually that pufferjacket's going to go bad right v o o it gets better with time your investments as crazy as it might be in the short term to look at that stuff and be like this makes no sense to me i have no idea why i'm doing this i i could go buy a car or it's god dang i just lost a car or my god i watch this go down every day or my god i just don't understand i watch ryan for 60 minutes and i i just don't feel as inspired as i used to what the hell am i doing this for it'll become very apparent in 10 or 15 or 25 years trust me and the way to kind of bring this thing home for you guys is we'll all be there okay do you want to look back over your life and say jesus i was wishy washy and i thought about puffercoats way too often right don't set yourself up for regret own it let the dust settle where they will spend your life as an investor then look back at it and say you know what i could have probably done it without investing which i'd be hard pressed to suggest that that's even a possibility but give yourself that look mm-hmm if you're just completely continually chopping yourself over and over again and not allowing that money to grow and always justifying another need for it or always finding you know last year they had 107 inch tv and this year they got a 112 inch tv and you've got to do it because your buddy did it and so you got to do it the buddy did it ryan and and he has a puffercoat and and i don't and you know i i like i like the detroit red wings too and and and i must not like him as much as him right it's so it went 12 and and the puffercoat okay vlo can wait because i think the market's really high and we're going into a recession anyway ryan it's okay yes yes mm-hmm all the deliberations we go through and natalie's been with the group for a long long time and this natalie you are a featured guest in the independent investor channel community you know it's cool too about this community as we can make it as big as we want and it's cool because i try to fortify the group when we have these little successes little successful a little bit little bit lemon there's natalie over here it's a woman we grow the success we grow it and it's just that much more powerful when you grow it as a group it's kind of cool you know you say okay then the sell to the channel the elevator pitch is really simple you got to kind of listen to this guy okay he'll throw out a couple cuss words so if you're like really hardcore like you know i mean i'm a christian too but i have a sailor's mouth and i do apologize for that but look come listen to this guy if you don't like him it's fine but he talks about like barbecue a lot and this and that but as far as investing goes he kind of makes it like a real life type of a thing a real life exercise you can relate to him you know you can relate to what he does and why he does it and why he doesn't do a lot of things out there and i don't know maybe you can feel a little bit motivated too you know watch it he'll send you a bill for 49.99 for the six past 60 minutes on youtube you'll get the bill it's on independent letterhead you got to pay the bill within seven days otherwise i'll send you to collections i'm just kidding it's free of charge it's great to see an adelic very cool yeah you just says thanks no need to thank man the thank you is inherently baked into the job i enjoy it i enjoy it it's a mission good to hear i have the night off because of holiday weekend but since i switched to seconds i've been able to watch it here it's great to see a brother very cool stuff dc is in the house dc a brother yeah just add a little bit to financial markets over time about a cool stuff jerry's in the house man it's great to see you my brother fantastic man thanks for spending a few moments to come on and he shares a vti in the taxable as well as myself i have the same jerry thank you uh sw ppx in the rock in the roth and black rock smp 500 index in the 401k you can kind of sleep easy with that type of application right and i would go so far as to say and i don't know what deliberation you went through to build up those positions you know i don't know if it was just something that you were taught friends family father influence friend influence maybe by your own admission to to needing to do something but how do you feel now do you feel like you made the right decision you know if you could look back over your decision to invest would you consider it to be a successful endeavor or not a successful endeavor were there times when it kind of like tested you were there times when you looked at it you want to do jump for joy and you don't want the puffer coat so much right he's life deliberations man i just kind of put forward right out there in front of the group and just kind of think about where you've been where you are now and what you're going to be forced to have to reflect upon later on in life and and that's the cool thing about my message is i kind of take you on a roller coaster in 60 minutes and maybe charge you with thinking about things that maybe you wouldn't think about watching um evening news with fox news and talk about you know the indictment to donald trump for the sixth time and you know um talking about the the national debt and you know the housing prices being at all time highs and it's just so terrible it's so terrible ryan no man you'd rather come on and talk about cool stuff like hope and you know building net worth and and and like empowering ourselves and being part of a community that is somebody said like minded yeah as long as we can achieve collectively the greatest amount of net positive benefit for each individual like i want it to be powerful enough to where somebody comes in and they're like okay i don't know anything about this you know i put into google best youtube finance channel and ryan came up which i will and i am um and i seek out the message and i sit through it and i really try to learn and i really try to listen what is it that it takes to make it in this game right if after 16 minutes you can't answer for yourself and i have not done what it is that i've needed to do to win the over right very cool kelvin's in the house get mad be a little better cool you want to weigh brother one away from the big 10 one away the tanks 11 shares of the old school bf i a x fantastic j l collins he went with the index fund i love that fund man it's a good one it's a really really good i feel good she's got all kind she's got all kinds of like samurai quotes tonight you know that's like whoa yeah that's good that's good yeah the way of the samurai right there and dang it i feel good isn't that all we would ever need i feel good yeah yeah how you doing i feel good how was your weekend really good i was the independent investor channel it was awesome as usual awesome stuff we can wait till then remember dca to the cows come home jammy says totally agree and you guys keep just jamming these freaking quotes in here very cool i got three minutes to get through everybody i think i can game it out here i keep buying him a and i'm glad i also bought v a few weeks ago fantastic that's a good one i got a big position v said myself very cool i got a lot littler position and master card lot littler okay v said i have a big position and it's big it's in the rough my wife's rough it's her position not mine it's hers she can have it it's okay she can have it all i don't even care i don't do this for like to roll around in it like an idiot i do it for them i don't need it the only the only cool thing about why i do this is for the sake of doing it i wouldn't do it if i didn't think i was good at it especially if i didn't think other people could be good at it like your investing application you could actually produce better results than me in 2023 that's the damnable reality of it you know what i'm all i'm all good with it i'm all good with it if you hear something on my channel in a combination of a half a dozen others and you find success on the stock market greater than mine fantastic don't think that this is a pyramid and i sit on top and i you know throw down pieces of fruit and shillings for for for my for my community my township that's not how it is no way away man you can kick some butt just as the next person in this gig it's not that about it this stock market investing baby that's the dynamic beauty of it randy you think amazon needs basis to come back to run the company stock has done nothing since he left i agree with you there um answers no i don't i think it was a shock to the system but you want to look comparatively at the industry at the big seven as well you know google google's firing away amazon's doing really well from a business standpoint um metas doing quite well from a business standpoint all of the big tax are doing quite well um i would just say it's a sign of the times that we're in and those companies still haven't even got close to to recovering back what they were at before their huge downturn so i feel you on that i really do i i don't i don't think that's going to be necessary nor is it going to be a possibility i don't think that's going to be possible but um i think amazon will be fine let's give it a little more time i have 100 shares of amazon uh and i think it's uh it's one of those positions that i'm not really looking at validation six months from now i'm looking to hold the position 20 years from now look if it's still at 134 137 they just came off a killer quarter same with google right same with meta killer quarters okay um i i look at those positions to be monster positions someday and continue to hold those positions i'm totally cool with it um right and says uh bottle highly on this week i don't normally do specs but i believe in you riot and about a bit so i would i would re-rack and say are you convinced enough with what the company is doing that they're going to materialize into what they're doing right it's still kind of a wait and see there i've outlined some of the catalysts that i do expect to happen in my last highland video um those are real now whether or not they're going to make it whether or not they're going to do those things i think conceptually the idea of freight liners doing what it is that highly on is doing boats have been doing it for years same idea there's nothing novel here i think the fact that the highly honest first to market i think they're low capital structure i think they're pretty good shot becoming a tier one supplier to peter built is alive and well i think certification is right around the corner that should be a catalyst enough and if you picked up the stock at a dollar twenty five don't blame me if it goes down it is a spec position as you would suggest however i'll give you a high five if this thing actually materializes in in the capacity that i think it will and i think you're picking up shares at a pretty recessed stock price if in fact they can hold hold on some of these promises that they've made the exciting times man i want to see the company grow and i feel like we're getting in on the ground floor and if that ground floor just so happens to be pronounced for a few years so be it so be it i love the story i really do i love the story and i really hope that they can actually come to some sort of reality on on what they've put forward here to combat the carbon emissions profile from the industry that's very cool stuff your top five for the next 10 have you looked into in phase and dutch brothers man come on i'm from oregon that's where dutch brothers started man um the what's what's the great coffee what is what are they annihilator that was my favorite coffee from dutch brothers uh so i was just explaining to some colleagues at work that so dutch brother started in my hometown of roseburg oregon okay might have started in eugene roseburg but one of the very first ones before they even went public and it was like it was really cool it's something that i do when i go home to oregon if you guys don't know what dutch brothers is google it it's a really cool idea they're just really small buildings and they've got a couple you know usually college students really really energetic serving the most badass coffee to people i blow starbucks out of the water and you can imagine okay yeah sure ryan like how much different can you have in coffee it's a big difference it's really really good really enjoyable the margins are phenomenal dutch brothers is a phenomenal business now whether or not they'll be able to scale the business whether or not you know last time i checked dutch brothers it was trading at 56 that was about what it came to ipo at um i haven't checked it since it could be at 100 and i could be misspeaking madly um but i i love the idea you know it is is is single i talk about single stock and you know we sit here and talk about a story and let's just use dutch brothers as an example every story has its day and as good as that story is every story has its day so if you can find me a stock that's going to be great for not only 10 years but for a lifetime i'm all ears okay and looking back over the history of the stock market some of those companies have actually materialized and and have actually presented themselves as proctor and gamble j and j home depot right some of the you know coca-cola for example those would have been stocks that would have absolutely outperformed over the years um it's very very difficult to actually to to find those and even if you do if you put five of them into a portfolio what's the chances that all five of them are going to be those life stocks for 10 years see 10 years minimum is my starting point for long-term investing right so if i were going to give you stocks that i'm actually looking at them the maximum growth potential i would have to actually throw some of those stocks in there that have the longest runway and two of them would be micro caps highly on would be one of them i do think in 10 years is going to be an absolute barn burner if they can actually turn out some of the catalyst within the next couple of years it's going to be a phenomenal phenomenal story number two is a duro clean technologies a duro clean technologies is has better technology than pure cycle and pure cycle gets all the love at 67 or something just absolutely anemic and insignificant at this point you want to talk about the runway for potential of an a duro clean technologies look no further than those two for the top for the top tier right and then i would throw voxster in there as well i mean i'm given you kind of my micro cap long term like if i was in a stock competition and the criteria was to get the most return on value over five over 10 years these would be the companies that i would buy it wouldn't be Pfizer it would be disney for crying out loud shit disney's down 47 for crying out loud that's a blue chip blue chip gem you know you want to play the nvidia game right now at 250 times earnings now why do you guys think i own nvidia okay you guys come on and you're like yeah you're down on nvidia oh i'm a stock owner in it i don't like tesla i'm a stock owner in the company i hate the car i hate the car do i own the stock yeah i got a token six or seven hundred bucks i can throw in there no big deal i own the stock right but to understand my position now putting stake in certain equities outside of those two speculative names which are my two largest convictions speculative plays right now in the micro cap section of the portfolio then i would opt for my next three biggest plays and they are as follows s chd the etf vig and voo those three would round out my top five for the next 10 years you guys think i'm crazy as to why i'm planting these seeds now and sharing them i am invested in these companies i own 21 500 shares of highly on i own 27 500 shares of a duro clean technology that's just where we are now okay i i expect that those positions over the next covering years to materialize in the in the tune of hundreds of x that was a cool question that was one of the coolest questions thank you for asking the question the way that you did in phase i don't have a comment about but dutch brothers you struck a chord with me i really appreciate the comment it was actually kind of fun to answer thank you zion i appreciate your time coming on i'm picking my mind about my thought process you know owning home depot and owning the total stock market with vti that those those are easy easy calls proctor and gamble you know over 10 years can we expect that people are going to continue to drink pepsi you know i mean come on these are easy plays even our telecom companies you know our real estate companies our big oil companies you know certainly i could i could go down and just give you the whole you know uh you know the whole big big tech story microsoft i mean shoot i apple these companies are going to do great over the next 10 years are those safer plays yeah i already own them those are easy to own like should you own amazon yeah yes you should do you own it through voo i had some of my beginning investors in the group here to disclose their voo holdings they own amazon too they own tesla they own it in there they just own it in an etf and that's okay too you know very cool question man i appreciated help taking a taking a stab at it why own dutch prayers you can when you can own starbucks i do own starbucks and i don't own dutch brothers for the reasons that i just kind of disclosed to you starbay starbucks will continue to enjoy the margins that are made possible through coffee and they have a moat the size of well it's a global moat because if you go overseas you will see what i mean and not only about the lines that are like crawling all over each other to get their starbucks coffee but go into a mcdonald's i mean i was standing right outside the palace and along italy and that was a two-story mcdonald's the likes of which i've never seen before even in the united states and people just crawl on all over each other they're freaking phenomenal they want to use the free bathroom you know they don't have to pay a euro to go you know take a piss it's awesome right very cool i do own starbucks i don't own dutch brothers but dutch brothers has better coffee independent thought i'm just saying my favorite thing at starbucks is actually christmas blend so evidently i'm the only one in the world that thinks that christmas blend is their best brewed coffee the next one i buy at cosco and that's their dark french roast which is my kind of like all-time favorite starbucks yeah very cool stuff anyone that i talk about highly on i tell to look deep into the company i won't tell them to buy outright it's probably smart i look deep into it ryan and others did a lot more it's not for everybody it's it's really not you know my position is on top of a lot of other positions if it is your only position i would just recommend keeping it in scale 100 bucks 500 bucks thousand bucks depending on what your scale is right depending on what you can afford to lose but you know i would say this basically in the trajectory of the stock and the and the timing of it there's no better time to buy a stock than at all time low and i think the prospects are that great in the company so we'll just have to wait and see and that's exactly what we're going to do very cool i know we're over an hour i don't care i'm going to keep going very cool and make d tanks happy when i do an hour and 20 minute live stream i know i also have a number of dividend ETFs in iraq and have been using dividends to roll back into these ETFs as well as buy additional shares in companies like pepsi and visa it's a good program man um kind of prove to yourself through that statement i think eric it's really cool that you shared that you know um gee there's a lot of money to be generated from the stock market it's kind of sick actually it's kind of cool it's kind of badass you wonder why i have the motivation i do to come on and do this live stream every friday actually the stock market's badass like it goes down yeah and if it sucks and i come on and this sucks i don't really care one way or the other it's just it's just awesome i'm just telling you more growth uh dutch brothers is looking to span like crazy and they will that's because their overhead is really low they establish the small huts and like parking lots and then the drive through is like on existing properties so they lease from the property that's already available it's not like they exclusively own the properties they don't need to their their overhead is their business model is probably pretty attractive and i actually should look at it since you guys are continually on this dutch brother thing i'm but i'm telling you man the annihilator the annihilator is is the greatest copy i've ever had in my life man my life it's it's just phenomenal uh pet v it's crushing um if that is the company lucian that i that i think you're talking about is it pet vivo take a stab at this it's amazing how many tickers i have committed to memory i think it's pet vivo right i covered the company once about osteoarthritis and animals and it's been kicking ass ever since and i don't own the company i thought they were really good when i looked at them i would have invested in it had i just had money coming out my backside um i i didn't and still to this day don't i'm very careful with positions that i take but i do follow it from a watchlist perspective but as far as news that is catalyst worthy and reportable i don't have any but i think it's a phenomenal company and the ceo is legit it's legit that interview is actually on the channel so you guys can go back and actually check that that's a really awesome company and it's done really really well since i've covered the company so i know you can't it's it's tough man i don't even want to sell my position man i feel like i'm sitting on a gold mine i'm like i don't they'll they'll screw with me they won't allow me to enter back into it anymore you know i'm very encouraged by bro's growth man i'm telling you man i'm giving some hometown knowledge man i'm telling you it's likely to be more volatile that's for sure you know whether or not they can make a systemic run at this thing and and make this thing work i'm telling you there there's a line when i went back home two years ago the first thing i did was go grab a dutch brother's coffee i'm telling you all right it's really really cool bro's i mean he's probably talking about something else anyway so anyway all depends on your objectives very cool stuff get to the end here want to make sure and highlight some of these vip's in the community very cool hope all's well we did just find during the hurricane fantastic to hear becky thank you for that then and i'm glad to hear that we are middle of state so only wind and the rain we are still loving retirement have a great weekend fantastic put my heart at ease a little bit becky thank you for coming on and becky thank you for sharing that with me man that's that's very cool where do you hold cash and m1 i don't i don't hold cash and m1 finance i reinvest all that idle cash if you go up and click that toggle up on the right it reinvest all the cash so all dividends that go in there just reinvest back into the portfolio m1 finance is one of those things i really don't screw with too much and i make just a ton of money it's like a little money generating machine if m1 finance was a little a little machine like a casino or like a cashier's machine or if i morphed them two together and i like put them together like play dough and and made a machine m1 m1 finance would be that machine it would say m1 on it and every morning i would i would walk by it it would give me a shiny new two dollar and 46 cent bill and i would put it into my wallet and i would leave that's m1 finance i don't do anything to it i don't maintain it i don't even plug this dynamic machine into the wall it just continually churns and it continually pays money i don't do anything i passively fund it like i fund the counts with about 75 bucks i'm doing it like every week now it's pretty cool actually i've got it on a pretty aggressive infusion schedule but that's the cool part about m1 finance is that it's it is the most passive broker you can invest in so why do i suggest that to be a cool thing well because it keeps you away from your most hated enemy and that's yourself m1 finance allows you the discipline to invest passively the way i've disclosed to you i invest passively you can do it any way you want but i have not touched those accounts i haven't touched them they're very cool i morphed the bond account to an aggressive growth now i just fund them and i'm up in every every one of the holdings i've made up my bond losses it's awesome i'm up 11 000 bucks in that small portfolio it's got 37 000 in it the aggressive growth with a five thousand dollar bill and the sector portfolio with about 27 000 dollar bill in there and it just does nothing but make money all the sectors are up they're all kicking ass and they are they all make money it's great i invest zero time into it and it churns back money as opposed to me leaving and going to work having to spend time to earn money m1 finance doesn't expect it doesn't even expect me to talk dirty to it ever and it pays me money now passive investing passive investing in a dividend strategy and a passive strategy is the key there very cool appreciate the the comment now my cash is maintained elsewhere i don't keep cash in m1 finance it was a cool question hopefully i answered it good watching your channels a couple years no i know you have man i'm glad to have you brother i really am gave me the confidence jump from the fence and step into the investing world i believe your message has helped many along the way i i hope so you know i think if some a group or or a or a consensus was shared with me that i'm off i share too much it's misleading it hurts people i i i it would break my heart because i i really do aside from the jokes money is a serious topic but i can't come off like that suit and tie i don't believe that's necessary i still believe that we can be serious about this topic and joke a little bit joke a little bit about what people think you need to know about money joke a little bit about the narrative that comes through not only social media but the mainstream media about what you should do with your money and how you should feel stupid as a retail investor and how you you're not even eligible to do certain things that the big jeopardy smoking the cigars can do call that call that you got potential manage and every one of you has potential to gain a life now whether or not you're going to make millions but maybe you'll make a few hundred thousand dollars that you wouldn't have made had it not been for that opportunity to look in the mirror and say dang you know i watched this guy i felt motivated by doing it can i do it i was the scariest damn thing i've ever done for a lot of people out there i acknowledge that this is a very scary proposition it's scary losing five hundred dollars just scares the shit out of them i watched the stock market today adjust from 1400 in the morning all the way down to 400 that's a thousand bucks just in the morning and i was like right on man drove to the supermarket it was up around six or seven hundred watched it go all the way down to four sixty i lost two hundred dollars in the time that i drove from here to the supermarket the market closed up 800 today right do i fret about it i'm i'm trying to teach everybody and and share a tolerance to the market that a lot of people if not the vast majority if not all people don't have that kind of tolerance when they start investing in the stock market they just don't have it so i share that stuff you know is is it normal that we invest in the stock market and actually see our portfolio go down i don't know jerry i mean is that is that true right had you looked at it and you're like dang this this kind of sucks you know what the hell man you know i i just wish it would go up every day let me tell you what i do too i do too and when you bring thousands and thousands of people into a message you have to give them the goods right up front you can lose money this isn't all sexy i don't have all the answers gopro is not a good investment right i have to throw that stuff out there you can lose money all right but if we can keep our eyes on these few attributes out there that really can be adhered to and make sure that the masses can enjoy success at the greatest potential rate then we're making it happen brother i really enjoy your comment and thank you for sharing with me very cool stuff mcdonald's phenomenal for everyone who owns a long term hell yeah hell yeah i'm there every other day for my son it's nice to know that i'm supporting my own stock position in mcdonald's it is a phenomenal one so this is good stuff man sell out of the covered calls and low pe stocks road oil and refineries up to 86 wti today absolutely good good show my friend very cool stuff you guys keep leaving these comments in here man i'm gonna keep going until i get through all of them very cool if i had been ron cannelly mcdonald's not trading this year but that was that my first broker was scott trade ever since as they're gambling when investing this dog boy spends at least 10 dollars on starbucks coffee every day that is that transcends the hindu cows and he's a friend of yours i don't mean to offend but hindu cow that is the followership that we are looking to fight tooth and nail right this idea that you can't participate in financial markets we just talked about starbucks as a viable investment right you know your cell phone for crying out loud i mean this old dandy girl right i mean this is there's matt matt text admit he's like get off man i gotta talk to you man get off there i gotta show you something but apple computers you ever heard of them they make this funny device all right i can remember back when i used to carry a cell phone called ram cell everybody everybody anybody heard of that everybody's like oh no man you know now now this thing is like a mini computer i'm all about it sure i'll invest on apple it's all good why not be a participant the apple could go to zero because it's gambling right the difference between owning a share in an apple and i own significantly more than a share an apple if i were to just take the exact position in apple which i've owned for years and i go to vegas with that exact same amount and i play one hand the blackjack the suggestion there is that that is the same as owning the apple stock that i've owned for years what if i was really really careful and i split my bet what if i bet a dollar per hand do you think that would have lasted as long as my shares and apple have lasted good i'm trying to draw some comparison for you your friends specifically so you can potentially share with them my analogy which draws a distinct difference between the two and i would go so far as to suggest that they don't even belong in the same universe let alone the same conversation i don't gamble anymore because i have so much success in investing gambling has become a feudal activity to me there's no enjoyment to me i'd rather go to the venetian and stay and go vip to the club i'd rather go to the v the variety show i'd rather go see the blue man group i'd rather go walk walk the strip i'd rather go hang out with my wife sitting there playing cards with the expectation of winning a few thousand bucks means nothing to me i won eight hundred dollars today in the stock market i didn't i didn't do ship for it similarity yeah this is the mentality that we're combating my friend i appreciate you sharing i really do a lot of fun man very cool as lucy and erx is too high i agree i tweeted this week and asked if there were any further incentives i mean if the administration is serious about transitioning to electrified the the price is too high for some pretty legitimate reasons you do understand the supply chain piece to it and i i think if they we could boost the incentives up to about a hundred and twenty a hundred and forty thousand what's the difference i think the government gives incentives to desla why not give them to electrified electrified class eight trucks if they're serious about bridging the gap for the fleets that are willing to take these on but they're not willing to incur such a huge upfront cost which is double what a diesel is to your point right i'm totally in agreement with you and i haven't heard back from that i hope some further incentives come down the pike to make the transition a little bit better better now the price is too high on the onset but the tco actually does and the roi over the time frame of owning the total cost of ownership and the return on investments are actually quite lucrative after a three year that payback is there with the low cost of in this case uh compressed natural gas or renewable natural gas so you're getting both the payback and the environmental benefit right so you can still pay the two hundred thousand for a diesel truck the fourth out hundred thousand for the erx all the while the two hundred thousand is going to cost you more the longer you run the asset whereas with the erx it flips the equation and it becomes less expensive the longer you run the unit does that make sense all right now we'll just have to see how that plays out over time all right i think to your point there has to be a tco an articulatable tco and it can't just be all about burning a cleaner fuel or a zero tailpipe emissions type of profile it has to actually hit the bottom line in a positive way um and unless that can prove out that then that then the project will be for not i think hey guys this is the guy that used to talk about the truck uh helium or is it called helium is eb company or does it want you come on garret come on and you can school me up on what you think i know or what i used to talk about or what i talked about tonight or what you think i should talk about or what i should do with my life and what i should do with my money and what i should do with life in general and how i'm screwing it all up once you come on and school me up brother the invite is at the very very top of this large stream you can come get saucy with me and learn me up on all the ways of life man that enough for you put that in the pipe and smoke it yes this is the guy this is the guy that doesn't come on and teach you about baking no this is not a baking channel this is not a weightlifting channel it's not a personal motivation channel all right it's not how to get laid channel either it's how to invest in the stock market okay and investing in the stock market does require some risk to be put on the table and this isn't the first this won't be the last lost that we ever take on the books i'm still holding my position right now it's down will it be up next year hell i don't know i'll report to you next year and let you know okay but i will be there for that look trust me all right going on about an hour and a half man i'm gonna try to get through all of these comments very cool they start to generate this is like a big detroit diesel engine once this live stream gets going it's kind of hard to turn off man i hate to kill the momentum man very cool stuff long-term hammers amazon just an interesting question no it totally is i'm glad you offered it that was fun it was fun to talk very cool i heard everyone stopped ordering from amazon and all the website stopped working just man i sure as hell man i'd be sad dude i you know how much i order off amazon it's so freaking amazing i like when i order it it's like at my doorstep the very next day it's unbelievable man i dig it amazon's awesome both on the business side and on the personal side i love it i love it i'd call matt that's a good take home man i'd dig it he's back and he says thank you thank you for your thoughts on highly on don't worry i wouldn't blame you that's that's good that's a start i tell people they shouldn't blame me and they do all the time trust me man you're gonna be amazed at all the heat i take man don't worry if i'm gonna laugh i'll find your time and i was looking at highly on a few years a while times fly very cool very cool thank you garret appreciate the clarity very cool if you still want to come on and teach me up on how i should be a better man that'd be awesome i'd appreciate it i'm always looking for a little bit of counsel make the teacher the student this evening just like mr miyagi buddy cool stuff almost to the end almost to the end almost to the end man we almost got it man we almost got it holy crap you'd music's in the house man hell yeah hell yeah good to see you man glad to rejoin after missing the last couple one spot on comments about m1 total opposite the spectrum some like robin hood socks i can't wait to get rid of that man potential barn burner ionic i will look at it thank you ionic got it very cool appreciate you man and thanks for actually um actually sharing it with the group this is the last car man i got k trash this ought to be good it's a nice long one so it's like war and peace i get to read k trash is the last comment of the night and we're going to sign off and get on with our labor day weekend man very cool you turn it off whenever you want Ryan we appreciate everybody give to us you give us so much content for free i get paid for it it's all good i just i don't need money to be paid for it right all the kind you heard all the comments and reports back and people making money and doing that thing man that i think that's killer man it's really killer enjoy the three-day weekend my friend appreciates you as always well i am working tomorrow um but i didn't throw in the towel tonight man i i try not to miss the live stream i just enjoy it so much it's a lot of fun we went an hour and 32 minutes tonight and it just it goes really really fast i really enjoy it i really get to convey the message and k i really appreciate that that's very cool all right now it's the last comment appreciate your coverage on it but are you familiar with the origin materials they make many plastic precursors from waste wood instead of petroleum interesting i have heard that yes i have and i'm very familiar with it um i would stand by for roles on this yeah i would stand by for roles i can't say anything on the live stream all right but just uh trust me on this man give me a couple of weeks if not one week on this whole project man i'll report out on it and you'll have to stay tuned you'll have to be subscribed to the channel man to give us give us and give you a rundown when i can actually talk about it'd be a lot of fun man uh in two years prediction um above 25 in two years above 25 be above 25 it could be 50 depending on how quickly things accelerate it'll be a completely different company after a couple of years my prediction is that they're a little bit more in a sign of strength if it's in 12 and a half and i'm completely wrong i'm i'm happy um six six dollars i'm back break even um that's my average price now as i've been averaging down pretty heavy i've stopped buying now i've bought everything i needed to the last buy was it a hundred and sixty one dollar and sixteen cents so i'm i'm good i know i misunderstood you brother that was my bad it was all good but uh um yeah i you know 25 26 bucks to 50 something like that would be awesome i think within five to ten we're looking at a hundred plus that's what i think and i'd love to see a world with it that's for sure um i think it'd be awesome with that guys we'll wrap it down guys again with a little extra bonus time um i'm gonna take it easy uh get a little r and r you have to work tomorrow i will be net back next friday on the live stream i appreciate all the comments tonight very cool um garret you the man i'll put you on here for the last one man uh very cool stuff sometimes i got to read them quickly and i'm doing the and i sometimes i misconstrue the intent and i apologize for that that's very cool man got a lot of haters on that topic say i'm a little sensitive on it um and i had just about as close to i've ever had on actually having one of my most aggressive haters actually come on the live stream a couple of weeks ago and they failed to do so because they just didn't want to to do that and i feel like that's conveniently easy for a lot of people to just throw venom you know uh and not coming back up their words actually to me which i would be okay with you know um but anyway i appreciate your time brother i appreciate everybody i appreciate everybody visiting the live stream tonight you guys be well happy labor day weekend be safe don't do anything crazy that i wouldn't do which is not a whole lot of nothing if you enjoy the message subscribe to the channel man we do this product every single friday i would invite you back next week when we throw down on another edition of the independent investor chat channel live stream be well be safe we'll catch you next week thanks guys