Indeed, we are live on the independent investor channel. I look forward to this every single week 60 minutes every second 100% energy 100% energy if it's at all possible For those of us out there that have actually pushed ourselves With an attempt of defining what it is as possible All right, and I know there's probably people out there that really don't want to hear what I have to say Because the stock market's been so bananas of late This is the very time when you need to Take that perspective we aim to please we aim to offer a message of personal empowerment the idea of this topic is infinite in nature the idea that people's pursuit of improving their lives and You know taking on new challenges in their life and It never stops. So Love to welcome everybody. It is nine o'clock for those of you who are new to the independent investor channel. I welcome you over the last few years, I guess on the channel we've been Speaking along an interesting front as the stock market has kind of come off of a really a bear market session And it's been interesting to to be part of that's for sure I earmarked all the way back as far as my portfolio roll off to January of 2021 and What I'm going to talk about tonight is We look at these markets here every single day we wake up markets down we leave weeks We were the recipients of an extreme sell-off this week again I think we had about a 1200 point sell-off in the market those types of things but they get your attention they absolutely do me personally and it's fun to come on and share the progress of What I'm doing actually outside of the investing opportunity right now and also share what it is that I'm doing right now with my investments because that can help a lot of people understand how How involved I am during times like this what it is that I'm doing. It's really no surprise What really is intriguing to me is my perception about people's ability to succeed the irony in all of that expectation of people or or even Perception of people's ability is people's ability to screw it up all the time and I'm always looking to strive at those tried and true fundamentals of wealth building and the idea that The masses if they're willing to just kind of break themselves down a little bit Identify what it is They they they are capable of What it is their own ability will call for things that we're going to talk about tonight Really does lend itself so much more Opportunity to the masses then people give them self credit for and I think people in general are their own worst enemy I really do myself included. Okay What is very difficult now is to become inundated with the The idea that in the acute you have to somehow forgo your goals in the acute And and my friends that is just not what I teach upon I wake up every single day. This was again a five for five I'm on a streak of energy right now that is just Absolutely incredible. I guess you'd have to just jump into my mind for a moment to understand What it is that I'm going through right now and it is all good, baby. It is all good the idea that you know, the the spiritual aspect of your life and The the the reality of why you do what it is that you do to make you tick is Really fun to share. It's fun to resonate with people and And it's really really fun to be around just super super energetic people I can't carry all the energy for everybody. I really can't It's been by nature of social media that's that's drawn me to these energy people, you know, and and it's just incredible Here's maybe in the house man. Welcome to you great shot out for from for you Last time we spoke I was relocating to the big city. So I'm back here in the city of energy just a just a fantastic opportunity to try to Really focus in on that energy and what what makes people tick? I think it does Lend itself to kind of a double-edged sword a little bit sometimes when the energy I think and I I'm not sure What allows people's energy to work against them a little bit? But typically try to take that energy and and and and use it day-to-day And I think those positive people out there that you know Allow themselves to succumb to the to the to the May everything's down everything's down real estates rolling off a little bit right now The portfolios down every day Ryan. What do I do man? What do I do people come to me?  It's like yeah, it was a stock market investor last year I was a stock market investor five years ago and I was a stock market investor ten years plus ago man Maybe you should take a card out of my playbook and perhaps understand that it's a little more of a long game with me In other words, I'm 100% devoted to my craft I'm 100% devoted to a lot of the crafts that I engage into my life. I I Don't do things In a in a partial sense if I believe in it And that's really the key for a lot of people is discovering what it is. They they truly believe in and You know the beauty for me is that there's so many different People out there with so many different backgrounds so many different upbringings so much so much potential so much Different energy, you know, not everybody has the different energy is as me You know, sometimes people will come to me and they'll be like, are you all right? I'm like, I'm I'm fine, man It's incredible what we've got going on right now in the pursuit of opportunity. That's for sure And I jotted down a quote right before I came live here And I wanted to kind of codify what it is that I mean for that for you guys And I live on a very very simple principle It's very very simple and as as corny as you might think that this is I wrote it down and it is this Life is a constant continuous and infinite the discovery of oneself. It is infinite. It never really stops So it speaks to the folks out there who have got it all figured out You know, I don't need to improve anymore, Ryan. I'm good to go. I don't need to spend any time at all Tune it into the independent investor channel man. I got it all figured out. I Don't need any tips. I got it all figured out. I'm good. Leave me alone um My friends the the further along I get in life the more I realize how Much improvement is is out there And it's what drives me man. It's the very dreams that keep you going man It's the very things that you resonate to in your life that Really speak to the and once you get into this mindset, it's amazing to me how fast time goes I know how fast the days are going to go by now. I Attend my job and I actually wish that I had more time in the day to do my job I left the office today at five o'clock and I would have said I would have stayed I'm actually on an obligation Sunday to cruise into the office and I'll spend some time and in additional study there because I'm kind of involved in Finishing a razor-sharp polishing of my career that's been 17 years in the making and All I think that's probably part of where some of my energy has come from that's for sure Virginia was an awesome phase of that. I Never look at phases of my life and say I wish I wouldn't have gone through that I just I don't that line of thinking right never comes into my my realm of thinking And I think some people are like I've made so many mistakes over my life and I've done this and I've done it's like Yes, so what? It's the very people that I've I've met I think that have been through that Adversity and and quite frankly sometimes adversity can be downright scary And I'm talking about adversity where there is no like boundaries of how bad it can get and how your Adversity has to overcome those challenges so when we look at the stock market, I always say that money is a shallow topic guys and for me Investing is easy. I find it interesting how people come to me all the time and they're like I've I just had a colleague He says he says I've never met a guy that's got as much of a handle on money as Ryan Went when compared to me. I thought I was the guy, you know And I and I'm I'm always intrigued to meet different people and they're always asking about the money topic and people either want to start or they want to You know, they want to improve upon their current posture Even maybe they want to bounce an idea off me and I'll I'll provide that but You know, I spend a lot of time on this topic. It is my craft. It is something that came to me It's not something that I chose. Okay If you just heard what I said, there's some spiritual insight there for sure In that perhaps maybe if you opened your eyes to what it is that you were put here to do Perhaps maybe you would gain a little more clarity as opposed to Not being able to see those things number one and then identify Perhaps maybe a plan to put some of those things in motion And I think that's I would wish that upon anybody Now I'm not going to sit here and promise you that you're going to discover in this life What it is that is going to make you happy on any one or multiple fronts, okay? It's a it's the very pursuit of those ends that is the key Therefore therein lies the infinite discovery that I talked to you guys about But sit back for a moment and identify those things whether it be children or whether or not it be friends Whether or not it be Relationships whether or not it be the career paths that we choose what it is that kind of makes you tick a little bit Because I tell you what man, and you guys can let me know. I don't know you can let me know if I'm a little bit sick, but I Love my profession. I really do. I love what it means. I love what it provides And and and things are wonderful now as far as the stock market goes certainly I can come on here And give you sugarcoats and and and roses over what's going on right now. I'm not going to do that the market's atrocious I think for good reason. I think the market's rolling off and If you guys want to know my pulse in the market The title of the video is stock market crash Just like I always put on there to get people's attention, but the sheer reality of it This has been a fairly controlled pullback to be honest with you and the effect over the investments Speaks to and affects different aspects of the portfolio in different ways We're creeping up on about a 20% year-to-date Retracement on the S&P 500 I can live with that all day much much less impactful when I look at Some of my buckets that I have continued to aggressively fund through the downturn And that's one of the the specifics that I talk about to take more of a deliberate approach to stepping back and saying You know, how is it that we combat this thing? You know instead of the people who come to me and they're like Ryan my portfolio is down every day What do I do? Well, you don't have to do everything human nature is is is such to have us believe that we always have to be Doing something and in most cases in life I would charge you with doing something in a lot of different data door categories Your money and finances once you get it kind of dialed in and it takes a while to get there I've met very very few people That really surprised me with regard to their financial discipline and they can take a topic like cash Or take a topic like accounts or take a topic like diversification buckets spending discipline budget stewardship Things like that and even tack on a business like I have now Which is actually part of my? Tickle me pink attitude, I guess I always said that if I could do the independent investor channel and have it Render some level of payback for me. It would be a dream come true and There's always an idea that it could be better. There's always an idea that we can look at everything that we have and it could be better There's always that it but I want to caution you my friends. That is that's a dangerous line of thinking if we continually are on this whole idea of improvement at all cost and continually just focusing in on Improvement at all cost without taking a moment to step back and identify those things that you know are really worth focusing in on And I got to be honest with you guys over the last 18 months of doing the channel I have put out probably the best content that I've ever put out over social media and I think it's great For the patrons that consume the message. I thank you in-depthly, but It is it is honestly an honor for me to be able to deliver the message but I will impart to you this part of my delivery in this message is is actually a Challenge of myself to make sure that we can put content out there that if in receipt of someone out there That needs some help and tutelage and understanding somebody who yeah I do feel like I've got a few of my a few of my marbles in line I feel like I've got a pretty good command over over my program if you met me in person you would feel it For those of you who have met me in person you know that about me I've been one of those people that have dropped myself into the meat grinder and ground myself into a pulverized and and Flattened hamburger patty in understanding What it would be like if I broke myself down with the sheer idea of trying to define my My my capability My ability My adaptability And my downright perseverance see I think a lot of people unfortunately are complacent. I I spoke about about this many many times and I I'm I mean, I'm intrigued. I love people. I really do. I love those people out there that can Kind of go through life and just kind of They're always happy. I Think my mother would say that I'm probably not as content because I'm a searcher I'm always looking to search whereas my mother is happy all the time. She's just wonderful And my father as well same thing. They're content the content people Content can be a double-edged sword and Sometimes we joke about you know where I came from We we both understand that I'm from very a very loving household and a very loving mother and father who Who raised me to appreciate things? So the irony in the whole thing is why can't you just chill out for a bit and just be happy with what's going on? It's because my ability doesn't call for that. It's because my potential defines a range for the right of me That I every now and then have to dig deep to try to to reach for And I share that reach in my investing approach. Yes People ask me all the time. What approach to investing should I take? Well? Well, it depends on how far you're willing to reach my friend, you know For for certain people who want that answer and they want to hear some validation And not go through the personal deliberation about their own capability to deploy a certain strategy strategy a strategy a b strategy a b c whatever that might be The the fallacy in that is you haven't taken the time really to take that idea and say, okay Ryan's laid out a b and c he does a b c, you know, by the way c d e and f But what if any of those make sense to me? Why am I doing it? Okay? Am I going to get invested and then six months later? Fall on tilt because people are telling me that my portfolio is going to zero Have I lost track of the fact that I'm investing for 2035 and not 2022? right Identify that target date to retirement What are some of those proactive things that I can do in the interim while the market's being so crazy? Ie dollar cost average the market or oh by the way I just kind of conveniently forgot that as a lesson Ryan's helped us with on the channel Um, and and I want to fall victim to this idea that uh, there's nothing else I can do except for things that are probably Uh a stray away from financial Discipline and sound decision making when it comes to our wealth building strategy What I mean by that is Ryan should I just sell it all and buy when it's lower? right Um, I'm going to sell before I lose everything Ryan help me I'm going to tune into the eye too and he's going to he's going to help validate this idea that I have because I feel like I'm just exhausted on all my options I feel like sometimes man if you have the ability there's 40 people in the live stream right now and I'm Grateful for each and every one of you guys But if you could just sit back and and understand I have been given a lot of compliments over my life and I've never ever Been perfect in my delivery But I have an uncanny way of breaking down information for people and if you are The recipient to the message and you do have a few moments to spend with me I understand that it is a friday and you're probably taking away from your Your time perhaps doing what it is that you might otherwise do on a friday Um, but I I thank you for that and um, if you watched my content from five years ago I would think that you would probably find that I'm About as calm cool and collected sitting in front of a camera unscripted and speaking my mind as my heart themes necessary to put that stuff out there for people and It's different It's different from the common tone that you'll hear about Everything's going to hell The market's rolling off Real estate values are crashing. They're going down I can promise you one thing my friends as you proceed through this life those stressors and those um Injects to your life and the Opportunity for your mind to buy into some of those things and to be succumbed by those things and to allow yourself to fall victim To those negative stressors In such a capacity that it can be very overwhelming They will not go away They will not I can calmly sit here and tell you that Whatever you do whatever book you read Whatever personal coaching Session you'll sit through In your life However much independent investor content you will Consume over your life Those things will continually and always be present And the key is to continue to to fight Always continue to Define your best self Because where you allow complacency to set in That is going to define your own personal vulnerability in this gig guys and Um, I I need I need killers forgive the pond. Okay. I need warriors in this There is too much inundation. There's too much of a separation between Large institutions and a society that would have you believe that there is no hope There is no hope There is no hope And i'm here to tell you that hope is generated from within And the second that you realize that you do not need those outside influences to tell you that things are all right Any type of other people to tell you that it's okay to do before it is you engage in doing, right? the very second that you're Opportunistic and your opportunity and looking in the mirror and saying I want to do this this and this We revolve around the financial topic on this channel more often than not and it's one of those of the most controllable aspects in your life um, I I talk all the time about not being able to Help you in other aspects of your life That require a hell of a lot more luck than investing does But if you do just adhere to some of the tried and true principles in investing It is the most rewarding and fulfilling Aspects of your life and it can actually complement so many other areas of your life guys. Thank you so much for tuning in We will be back with you in just a moment I'm always well energy first and foremost man. My boy is in the house. It's great to see you my friend As we are evolving together. It's kind of cool. I think it's a cool thing. We would have been Really not been able to do this come in and spend time together As we as we do In the capacity that we do I don't know when this is going to end for me. It's been a pretty exacerbated sell-off Going back to early 2020 On the charts. It's been it's been pretty rough. I guess It's been quite a ride where I'm willing to go 18 months. I'm willing to go 36 months I'm willing to inevitably Chalk up the fact that the stock market may have made its peak and it'll never return to that peak of 36 900 on the Dow Jones and industrial average the s&p 500 Has met its all-time high never to be realized again If those rhetorical and and very cynical comments are ones that you adhere to I guess you could certainly Just throw in the towel right now and stop believing You can stop wealth building Stop adhering to the tried and true fundamentals of diversification Of dollar cost averaging this market into turmoil. Okay Um And when I put it in that in that light, uh, you kind of step back and you say good grief. Yeah, Ryan You're right. You're right Um If you're going to live this life Why not live this life with some level of fight in you? Okay We know why we have to invest All right inflation will eat your money year over year Investing is not one of those things that you invest just for the sheer sake of I might make a few dollars No, no, no my friends investing is a necessity. Okay It is a luxury in that there's a lot of people out there, man that have to eat.  All right If you have a portfolio that's off 20 right now or maybe a couple of bits more Let it go There's a lot of people on this earth that have far bigger problems than you do.  All right If that's your thing and it gives you a little bit of strength and motivation to understand That you need to toughen up a little bit then so be it. All right I'm not exempt from that statement people in general need to toughen up a little bit the rough part about Your Retail investing community is that they come from all walks of life all spectrums The very people that I feel like is the most Applicable to investing are those people who need the most tutelage. Those are the people who need the most encouragement Those are the people who Absolutely need to operate on relative scale It's easy if i'm pulling down seven figures to be a big bad investor. Okay. It's easy for me. All right I can walk around I can act like I'm incredible to all these Pions in the world that only makes 60 000 dollars a year. I guess the average salary is crept up over 60 000 dollars that's interesting to me because Just until as of late and I've never made six figures in my life The irony is the size of my portfolio that I do hold Compared to the actual monthly income that I bring in but You know the idea of relative scale is the idea that if you're making 30 35 40 000 dollars a year That you can look at that And you can take a hard look at that surplus capital if you're pulling in that 2500 to 3000 dollars a month And segue that 250 dollars a month to an investing Opportunity those are the people I tip my hat to Those are the people that I really want to shed light on those people wear investing when you're pulling in 36 000 dollars a year Is much more difficult than those people who are pulling in a quarter million dollars a year. All right It's easy for you. At least it should be most of those people have so much fat They need to trim the fat get over themselves and realize that they don't know it all either Some of those people with money are the worst people that I've ever seen with money and the very irony in the whole thing is the people that you would seemingly Dubbed to be in trouble or struggling to pay the bills or struggling to put food on the table Are the very very best best applicators of the program that I advocate for And that is personal responsibility.  No, no, no We tend to focus on those people out there that are working day to day that appreciate what they have That have some meaning and merit to why they engage in a program and the capacity that they do And those people the less they make the harder it is The more respect you get from me. See how that works Very very simple and those are the very people that I advocate for on the channel. Absolutely I know it's tough, man. I know when the markets are doing this there's not a lot of people who want to come on and celebrate financial markets, but You know, I'm here to tell you that it's It's it's not in anybody's best interest at all to allow yourself to be succumbed to The pressure of downward markets.  I could have bought so much more crap with this money right You're you're you're mixing and matching your perspective on the forms of money in the capacity that I think is very very very dangerous and I think unfortunately people get in this comfort rut of socially acceptable spending It's okay to go spend four or five hundred dollars on a purse now. This isn't the Louis Vuitton. All right You want to go buy Louis Vuitton? It's going to run you three four five six thousand Now there's probably some women out there that are like, yeah, that's a little light Ryan That'll run you like eight to ten grand. Yeah, this is a this is a purse. I don't know Maybe it'll make you float. I don't know when you go and walk with it. I don't know but you know To each his own on those luxury types of purchases But I only offer that as a distinction between what I feel like is much more commonplace and much more socially acceptable Getting in debt over your heels to buy a home that you really can't afford 550 650 750 thousand dollars on a mortgage that dang man I I didn't mean to be a debbie downer But but my goodness people's discretion as far as believing that they're entitled to certain things Always intrigues me Nobody owes you anything Nobody owes you an an indefinite appreciating market both on the real estate side and the Investing side of the house. Nobody owes you a thing. All right. You've you've got to be careful And you've got to be deliberate with your Investing decisions that you have. All right, let's get to some questions here If I have some time I'll I'll get to the lesson that I have It's great to see Rebecca and the house man. Very cool me and my $20 person Now come on now, you know, um, that's pretty cool. I think the the the lesson is um Trying to identify I guess one of those things that make you happy. I I guess I I've gone beyond this idea that Things things can make me happy now. I do aspire to a thing I share that all the time and that is Um, nothing would make me happier to be able to purchase land. Um, that's what I aspire to it's it's that's my dream land if you can give me some trees and some really big rocks and a creek And maybe a field You give me the ability to have a greenhouse on that land Um, that's what I aspire to Everything else is uncivilized as far as I'm concerned Nothing brings me joy any more by buying Superficial things It's like I just I just don't get it So, yeah, you need the function of the handbag. So rebecca's got it down pat, right? And I would charge each and every one of you to build half of the portfolio that this young lady has built In her life and and that's just a choice that she made And by making that choice It becomes a lot more about the mental edge than the physical Saving of the portfolio because most people look at the the physical portfolio and they're like wow How did you do that and I'm sure she's experienced this I'm sure of it You know, we got friends and it's like, you know, hey, tell me a little bit more about this investing game You know, what what do you got a couple of two three thousand bucks? And it's like no no I'm I'm sitting on a hundred and fifty thousand dollar portfolio and it's like that that stuff is very very rare very rare, right but It's just what wallet I used to do the wallet test for people all the time and pull it out and show people that I don't I don't carry anything in my wallet. I don't see a whole lot of point behind it but Yeah, people spending decisions always entertain me to a certain extent I The the very sheer nature of the fact that if I could show you guys The equipment I took a few equipment upgrades this week I went to wireless. I actually solved my Sound issue, which if you guys do create youtube out there I know rebecca's got a channel so you can check that out and subscribe to her. She's great but uh Anybody who does a youtube channel will attest to the fact that sound is the most difficult thing to get right Uh, and I've just went to the the road wireless And it was an expensive endeavor, but I just got those And the last video I did on diversification where I got 333 views on my video The irony in that those are the most funny and I laugh in the back of my mind because they're the most helpful videos that I do hands down bar none The the more crazy I get with my videos the more people watch it And the more again I laugh in the back of my mind because I'm like this isn't helping a single soul out there You know, this is one of those things that's just buying into the whole, you know idea that I don't know. I don't know what people's idea is But talking about diversification the idea that exists behind it. If you don't want to believe it for me Um, you can always pick up the intelligent investor. They talk about it all the time But uh, my talk is wallet from the late 80s. Yeah, my last my last wallet I had to retire it turned into a leather thread Actually, um, and I'm not sure if I would be fair and to say that it didn't go back to the 80s But it certainly went back to the 90s I just had to retire that it had gone through the wash a few times but I don't know kind of fun things to to talk about and Sit back when the market's rolling off the way that it is and we can have these discussions and laugh a little bit about You know our our own Mortality, I guess but more specifically our own materialism, I guess And when we think about it in these contexts, what really makes you happy and I'm looking around at my youtube studio, man, and I'm like, uh, I'm like a pig in mud Right now.  I really am Unfortunately, nobody can deliver the message like I can so I'm charged with this ability to come on and share our story And my friends trust me in the next couple of years is the independent investor channel going to be in the same Position than we are now Absolutely not 100 convinced of this And I'm I'm one of those funny fellas that like my portfolio Like staring down chance and opportunity I'm I'm willing to stare down failure. I I don't understand people's inability to take on chance With the sheer intent of potentially failing That can hold true with career and profession moves I can hold true for The risks that you might take in a specific relationship whatever that that that is The risks that you may take with regard to moving like we've just done For the sheer sake of taking a chance. Is there a chance that we could fall on our face? Yeah, is there a chance that we could end up, you know better off than we were before? right I'm of the sheer belief that at some point Our time is going to expire and it's the very nature of how we use that time From now until then Hate to be so morbid with you guys But if I can kind of laugh at the face of that reality And say hey man, maybe it's time to get to work You guys understand where it is that I come from along my thread of motivation In not only delivering this people are like man, you come on every single week, right? And that's incredible And I'm like it's 60 minutes Put it into context my friends If you knew 10 of what I did this week, you'd be like wow that now that's that's incredible But as far as coming on and and sharing a story through youtube This is this is easy This is easy like I said man. There's people in the world that don't have enough food To eat. Okay. You're the you're awesome. Ryan. You're fantastic. You know You're the only one I've ever met that knows more than me about investing. It's just investing. It's all good All right It doesn't make you a special person This is I want you to keep it in context. I do. I want you to understand the money As shallow as it is if you understand all dynamic Angles of investing It is something that I want you my friends to command and then move on Command it own it and move on It's not something that I would ever ever Subject the ill prepared mind To get involved with investing only to see them subject to the control that their money has over them I would never do that.  That's it. That's it. That's kind of a cynical way to think about it, Ryan You're suggesting that I take care of me Yes, I am yes, I am because It's amazing to me in reflection in my life When I've ever relied upon anybody else outside of my wife outside of my wife relying on other people usually disappoint me And the context around that statement only makes itself so much more tangible and so much more Real when I can look back and say that the very decisions that I put on the table involving risk The decisions that I made putting on the table because of decisions that I made The independent investor channel is one of them by nature of my own sheer will My own decision making and my own strategy Right We're mine and mine alone and those are the ones that made the biggest difference Those things that I get caught up in on maybe by looking at what other people have and my goodness It seems like everybody else has got all this stuff Man alive. It seems like nobody else is being subject to this exacerbated downturn in the market. What was me? What was me? This is terrible. Everybody is succeeding and I'm failing We live in a society that Really really helps to to foster that in people Because you really have to kind of keep that stuff at bay You really do Uh, it's it's difficult, especially in a superficial city like new york city. All right There's people here. I'm like, man alive. I wonder what these people do for a living. Holy moly I don't know how normal people live here. I'll be honest with you I live for free here in new york. So it's nice Not the first time I've lived in an expensive area Los Angeles, california when I lived out there when I was a Young hip squeak all full of piss and vinegar. That's for sure I had a lot of wind in my sails when I was young and I still do. I'm just not young anymore But when I lived in Los Angeles, I lived on the boat for free So not the first time I've I've lived in a society with what would a lot of people consider to be Some medium size success financially. Yes Um But I sit back and watch people that have no business whatsoever stepping into a 500,000 or a 750,000 dollar mortgage When when I think they're kind of missing the picture of perhaps maybe Looking to supplement a void in the happiness category like man alive You're adding stress that I I wouldn't I wouldn't wish upon anybody out there and for for what for what If you could just live with the idea of relative scale And avoid debt like it's the plague And there's going to be people out there that completely disagree with me, you know It's amazing to me if some youtubers out there some of the most successful Are are leveraging debt like like a crazy animal It's something that if you truly have your Stuff together It's not one of those areas that you need to even engage in and and and even this was It opened my eyes when I went to europe And I took my credit card out to buy some a few items at the at the store And they had to shake off the dust and my mother-in-law said yes, my son-in-law That's my it's my son-in-law from uh from the us And it's like the credit card machine hadn't been used in years because Europeans off operate on a earn it and and spend it my cash that the credit thing isn't so prevalent as it is here in the united states and I'm not saying credit doesn't have its place. You guys know that I I do I do operate on a Heavy use of credit in my day-to-day spending if I'm buying gas What's my number one go-to? Every single fueling that I've had for the last 20 years in my financial application Has been on a credit card. I guarantee you I guarantee you that statement is 100 true. I've never used debit I've never went in and said hey put 20 on number seven In my tank. I've never did that. I've never gone on it said. Hey, I'm over at number seven Can you fill it please? I've never done that I've always made those purchases with credit card But if you heard me out on that lesson, you'll truly understand that a lot of people Allow it to consume them again, and that's just one aspect Right getting over leveraged on the debt on the real estate side and taking a mortgage that my friends You just don't need you just don't need who are you trying to prove things to is it yourself? I don't know if that's what you need to be happy Wonderful all I ever want is for you to be happy, but My goodness, I think sometimes happiness gets missed and we think of these grand things that define happiness for us when Happiness in its most simple sense is usually right in front of our face Right in front of our face the most simple things Happiness exists and people that's for sure, but we sure do good do a good job of Taking that and turning it around and saying why do I feel this way? This feels kind of funny and it feels kind of funny, right? We do everything we can possibly do to stress out we got to stress out about the white picket fence We got to stress out about the sports car in the driveway Oh my goodness, Tom. I went over a speed bump the other day and I I spraped to the bottom of the Corvette I'm so stressed about it. It's just so terrible. Whoa is me and oh by the way the stock market is is crashing I should sell everything right Tom get these spiral out of control, you know, and I think we just need to take a step back and Identify that while we're complaining about those certain things happiness does still exist within each and every one of us It's just it's not being allowed to to actually foster inside you And it's not going to allow you to enjoy it unless you are recognizing that it is there Okay That's all I would ever wish upon everybody life's not as difficult as people say that it is that's really not We add stressors on And some levels of stress are are absolutely good. Okay You guys tune in to me. I'm not boring. I'm full of energy. All right. I'm full of ambition I say all the time and knowing yourself as part of the key and I'll tell you what guys patience I've said this is not one of those attributes that I was blessed with people who are patient I I envy you Okay, if there's something that I would want from you. It's not that sports car sitting in the driveway It's the very fact that you can exercise patience and I my friends cannot I I cannot do it if there's something that I I want I will go forward I will run myself through the rigor to try to achieve that I one of them demons one of them demons. I never profess to be perfect never and you're not either And that's typically what we revolve around to try to make you a better applicator in this life Be be a better Executioner of your of your program, right? If you can execute on a high level every single day day in and day out that that's the key Is that you can execute be able to reflect upon your day with the six eight ten twelve things High performers can rattle off a list of boom boom boom boom boom and it's amazing if you define your spectrum of Capability and your scheduling how productive you can be with your day. It's amazing There are there is merit to getting up in the morning Okay, if you're one of those people that have to sleep in till 9 30 10 10 30 in them or you're wasting half of your morning. All right, you're wasting it There's a ton of thought that I have when I'm actually on the treadmill or the elliptical for an hour every single morning There is thought going on while I'm clearing my mind in If you guys love working out as much as I do and you go to the gym and people who work out will attest to this And people who don't work out will say yeah, you're full of crap Ryan But here's the truth when you love working out as much as I do and you go to the gym Back me up on this the time flies Freakin flies Because I know that I'm about to engage in my day, which is just a switch in the in the routine That's all it's a switch in the routine But it freaking flies And it's amazing man because I'm like you can kind of control time and that matter man because it's like look I would have just Slept not got up at 4 45 to hit the gym I do a full body work. Okay kettlebell training midsection training As well as weightlifting and then the elliptical. It's it's wonderful Okay, but it is amazing during that and people are like man live You're in the gym every morning. I'm like, yeah, you know, my only regret is not having more time They're like, well, how long are you in there? I do an hour and 45 minutes every morning an hour and 45 minutes And I know people in here who are hard core and they know I do that they know it I do it they can attest to it I would like more Um a luxury to me would be to retire and actually retire to the opportunity that if I want to log Two and a half hours in my morning three hours in the morning. I will uh and then an even more luxury I'm tickled pink that I have all this youtube equipment around me But a luxury to me would be like a tony robbins, man Where I've got my ice bath and I get to go jump in my ice bath. Yeah, I got clothes optional Go jump in the ice bath, baby. You know what I'm saying then take a nice shower You know right in the morning outdoor shower You know with the trees singing at you and the birds and stuff and come on that that's what it's about Baby right now. I have to just make do with what I got. All right, so I'll go ahead and kick over and uh And chill out at the gym where I'm at and come in and take my cold shower here in my apartment Because I'm happy no matter what I'm happy now. I'll be happy then I'll share the journey with you guys, but the idea here leaving this 60 minutes as we look to wind down the live stream is to identify those things Define what it is that you want to carve out of the steel Okay, because the second that you can kind of flip the script on yourself and start to think about these things The the the thing that I would wish upon each and every one of you guys is to flip the script And then to validate for yourself that this this actually works. It really does It's all mental all of it the physical renderings When you get your mental stuff, correct The physical renderings are things that I expect anymore Um, I landed two deals today. It was a three thousand dollar day for me today today These are physical renderings that am I surprised by these results anymore? No, am I surprised at the results to the downside in the market? No Why? Because I'm mentally savage Mentally savage, right I know that two years down the line. I will reflect upon this and having given the opportunity to persevere Through this, I guess pick up in the stock market. I don't even look at it that way But I really don't care it doesn't play into my decision. I'm not wishy-washy with my application I'm hardcore.  That's the idea All right, you can come over and I can feed you fish every single night All right, but until we start to teach people how to fish themselves We're not we're not doing any good. All right, and I'll continue to feed you that fish. All right, nobody cooks fish better than me I know where the best fish is on this planet. All right Alaska go check it out. You've never checked it out. Go check it out But the second that you identify for yourself that you're gonna have to start figuring some of this out for yourself Will be the very moment that you step into a much more fulfilling aspect of life, man All right, if you want me to get caught up in the stock market volatility, you're in the wrong place Okay, you are in the wrong place and people will reflect on times like this. I've done it before I'll do it again I'm doing it now when it's the most difficult for people to hear this information when it's the most Difficult time for people to say yeah, right Ryan. This is the time it's going to dust Stock market's going away. Apple's going to cease to exist. Nobody's going to want an iPhone anymore Nobody's going to demand services from Verizon or AT&T or T-Mobile anymore Nobody's going to go to home depot. Nobody's going to shop at Costco anymore. Ryan. It's over Nobody's going to buy medicine from Johnson and Johnson anymore. Nobody's going to use tide detergent anymore Therefore proctor and gamble after a hundred years is going to go under. Okay. I'm just not of that camp. All right I'm much more bullish on financial markets. Why? Because having your money in those opportunistic buckets boom boom boom opportunistic What what is the alternative my friends? Look, if you have an alternative opportunity for me outside of real estate, all right that I will yield to you Um, I would love to hear you out because outside of rare art and vintage cars stock and real estate you entertain me On what appreciating assets are out there over the long term? I'll wait If you've got it all figured out if you've got the recipe to success If you've got everything that you need to come on to youtube and tell people what they want to know for your own benefit And that's the secret to getting ahead I'm here to tell you that the very secret to getting ahead is identifying those few things that make sense to for you And getting ahead that's it mentally making it happen And you can do it you can do it but outside the appreciating assets in this life And then surrounding your budget discipline around those appreciating aspects. Ah, yeah, right Ryan right now. Nothing's appreciating But the note that I have on the on the top of my my video tonight is Everybody should have their target date retirement and unless you're looking to retire in 2022 And the portfolio has taken a digression on you. All right Keep that long-term perspective I'm looking to retire in 2035 not 2022 So this digression I can take for the people who are older. I just turned 45 last week. I'm an old man Well, I'm not I feel really good. It's a number and it's relative. I don't really buy into that stuff either Um, I don't like to celebrate my own birthday and I don't really buy into birthdays that much anymore either unless it's for my kids or for my wife, but Even more so we kind of feel like it's one of those futile activities as we get older, but You know If you're not looking to retire tomorrow And you have taken a digression a little bit older in life, right? Just weather the storm here Do you need the money? Is it one of those things that you feel like you were over levered in the market? Going into this downturn Okay, now we're being constructively critical of our own program of our own ability Am I to blame in certain aspects of my portfolio where I feel like I got a little over levered? Yeah, in all fairness. Yeah, but I love all the companies that I have invested in and I'm invested in them now So, uh, am I going to in the acute to look at it and say I'm a bad investor Oh, did I take an ill timed investment? Sure. All right. I yield I yield as a lot of you guys did Maybe you took an ill timed investment. That's all right. Don't beat yourself up It's not going to be the first time if you're willing to put risk on the table What guarantee do you have of a hundred percent return? Uh, guarantee on on that risk that you put on the table, of course not Right and over the short term it can sometimes deliver A pop shot to you and and and kind of wake you up a little bit to say man Did I make a mistake? Only to see that investment play out over the longer term But when you look at it in the acute it's somewhat it seems like a big big mistake Don't second guess your opportunity guys. Do not second guess what it is You can do in way of capability start small start from a defensive perspective define your own parameters Of of risk tolerance, which is really the key. I don't want to see you succumb to a huge market market volatility and Overlever yourself to the market start with as little as possible, right? Aristotle Plato talked about infinite divisibility if you have to start with 50 cents a month I'm not kidding. Okay. It's better than zero. All right 50 cents a month All right infinite divisibility if you need to go down as low as you need to feel comfortable About getting that mental conditioning started I employ you my friends now is the time to get started. I want to thank the audience. This was awesome We had over 50 people in tonight.  I'm so I'm on such a plane right now that it's not even funny. Hope you enjoyed the message tonight The 60 minutes man, you want to talk about things like going to the gym going so fast I'm going to talk about the time going at work and Not having to sit there and look at the time just tick by I tell you what guys I'm on a plane and this is one of a man It is the fastest 60 minutes on youtube for me because it is absolutely one of the cool things that I do It's one of those things that I don't miss. I am very very very worn out this week But I wouldn't miss it for the world because if there is one chance of empowering one investor out there Then it's the least we can do to devote that little bit of time to my craft And I would never ever question my own devotion to reaching those one investors at a time Really appreciate you guys tune in next week for the independent investor channel Livestream it is the fastest 60 minutes on youtube. Be well. Have a great great weekend. We'll catch you next week


Migration is a global phenomenon that touches us all. Many of us know someone who has moved to another country or have migrated ourselves. By embracing the 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals we have an unmissable opportunity to harness the development potential of migration to support beneficial outcomes, starting with reducing inequalities and putting the right policies in place to ensure safer, more orderly and regular migration. Migration has been a long-standing coping strategy for people to pull themselves out of poverty, to cope with lack of basic infrastructure or search for better opportunities. People's reasons to move can also be influenced by conflict, natural hazards or environmental conditions linked to climate change. And in a global context of rapid urbanisation movement of people is increasingly taking place to cities and urban areas enriching local communities and societies both where migrants are and where they come from. The knowledge, skills and experience that migrants bring and gain in new places contribute to the labour force in key sectors such as health and play a vital role in building diverse and productive societies. Migration can empower women economically and socially and help people realise their personal aspirations and educational potential. This encourages innovation which benefits science, technology and industry. With increased earnings migrants are able to send financial support to family members back home. This is critical to help reduce hunger and strengthen the resilience and sustainability of poorer communities. But none of these benefits are guaranteed. We can only achieve all of this by upholding human rights fostering peace and security ensuring equal access to justice and protection from exploitation for all. We also need to build strong partnerships in our cities within our countries and regions and globally through international cooperation. Migration is everyone's business. Together we can ensure that we leave no one behind.