Good afternoon everyone. It's been a while since we've visited with everybody and we just wanted to provide an update and Talk to everybody about the status of drought We've been getting a lot of questions over the winter and as we'll progress through the spring and what things are going to look like And so we wanted to visit today. We're going to visit specifically about a drought outlook what that looks like in terms of our Our forage production in both our range and pasture situations and also in terms of hay production and Then touch on how that might impact our water quality within our grazing systems So to start out we're gonna start out with that drought outlook from our state climate colleges Adnan accused and I will turn it over to Adnan Good morning. I'm I'm going to start with the drought monitor map that was published this morning The based on the map you will realize that almost 50% of the state To to be more exact 42% of the state is in drought that puts 173,000 almost 174,000 North Dakota citizens in drought and that is limited to western portions of the state and 24% of that is in severe drought and 7% of that is in extreme drought And if you wanted to see what the conditions were since since last time then we met and actually in the winter time We don't change drought monitor too often So this is a change since December 8th And you realize that some of these locations in dark green indicating that two class improvements since December 8th and that is due to the Progressive snowfall and and most of them are limited to where the snow really fell the hardest And you will realize that some areas in yellow indicating one class deterioration In the drought conditions and that is limited to western and southwestern portions of the state I am going to skip those but I wanted to also mention that the US National climatic data center assess the the drought Impact economic impact to the United States total that is 8.9 billion dollar and this graphic is going to show you North Dakota Specific number that is to the five billion dollars. This is a 95% confidence interval and the lower end is in the five billion and the higher end Lies in the five billion dollars. So that shows between 20 to 60 percent Of the US Economic impact due to the droughts came from North Dakota Looking at Bismarck and Fargo accumulated precipitation In Bismarck on the left hand side shown with the green line Against the brown line that is the normal. So it is indicating Bismarck is above normal In fact, it is 1.34 inches above normal and it is sitting at the 17th wettest The water year on record However, it is important to note that this little flat area is indicating how dry it has been and how lacking the precipitation during The the period especially from January 30 to the last and the same pattern exists in Fargo Even though the green line is above the normal line It might be indicating it might be the 24th wettest since 1881 But is what is more important is that that flat line Especially after the the second half of december The Fargo hasn't been receiving much appreciable precipitation since then Looking at the past dirty day on the left hand side. It is the absolute precipitation The green colors that indicating More precipitation in the southeast and less precipitation in the the northwestern portions of the state But what it equates to When you compare it with the normal map on the right hand side is the percent of normal It is indicating between 10 to 25 percent of normal fell during the past dirty day periods The next two figures are indicating last 60 and 90 day periods. These are again The percent of normal, uh, the brown colors that indicating drier than normal And the green and the blue colors that are indicating above normal precipitation However, it is important to note that in the winter time this puts us in the winter time And our absolute precipitation is nearly 0.25 inches Even though the area might be shoving 200 percent or twice as much precipitation as normally it would fall It really doesn't indicate it's a drought bastard It's only indicating 0.5 inches of precipitation fell in those parts of the world Uh, looking at the snow cover On steel there are some snow cover in the northern portions of the states And if you wanted to know how much it is, uh, the three inches still in Langdon Watanai is checking in with the five inches and and the, uh Portions to the the neighbor in the uh, the eastern portions are indicating nine to five inches of snow Still sitting on the ground Looking at the surface Soil moisture ranking percentile that takes us, uh, the percent or not percent But the the soil moisture as compared to the normal this time of the year And all these brown and the red and dark red colors Are indicating very dry conditions in in fact the southwestern And western portions of the state and all these counties are between one to two percentile in other words the soil Has only been drier than Current condition this time of the year only 1% of the time Looking at the deeper portions of the soil roots on is indicating northwestern portions of the state Very dry and the rest of the state are indicating near normal And then you look at the uh, the groundwater percentiles It is a somber realization that how easy for us to be able to go back into extreme and even exceptional drought conditions Just like where we were in 2021 if the rains really doesn't show up in the springtime Looking at the 90 day standardized precipitation index. This is a good index for us to show And the current conditions on the field and as uh, you can tell that the extreme drought locations in the northwestern portions of the state is indicating Between d3 and d4 conditions actually Some of the drought impact coming from the war county and the mckendry county And I will share this slide for everyone so they could be able to see it And everyone is reporting in these parts of the world widespread drought conditions And snow is getting Uh out of the equation and and land is remaining dusty and dry And mckendry county is indicating very same as well as dunn county and amines county Those are some of the impact reports that was reported in the The national distribution center Some of the uh, drought pictures coming from the same circuit on the right hand side. It's a picture of the, uh the pasture It looks like the feedlot and the the person who took the picture indicating this is not a feedlot. It is it is a pasture Very common Situations in the area but very uncommon for the spring, unfortunately Looking at the outlooks. This is the moment you probably have been waiting for Next seven day period that is going to take us into april 7 On the left hand side precipitation anomaly. In other words departure from normal all the green areas indicating About normal precipitation is expected and that is on the northeastern portions of the state and unfortunately um The southwestern portions of the state where the precipitation is absolutely needed is not going to have What what is needed? In in fact, the southwest extreme southwestern portions of the state is expected to have below normal precipitation um Couple with the above normal temperature much warmer than normal conditions are coming in during next seven day periods looking at the um Week two that is going to be from april 17 to april 14 the map on the right hand side is indicating warmer than normal conditions in the eastern and cooler than normal conditions in the western especially Northwestern portions of the state and the map on the left hand side is going to explain why the cooler than normal temperature In these parts of the uh, the north dakota it is because More cloudy conditions that is going to bring Maybe much needed promised rainfall up to 1.23 inches of rain Is expected and divide and even more in burr county. Hopefully this is going to come, uh, true Getting into week three and week four April 9 to 20 second Unfortunate the models do not have enough skill to be able to break the tie between above low or near normal conditions The same thing could be set for the Entire month of april equal chance of having above low or near normal conditions looking at the three months This is the three month outlook from april through june and unfortunately conditions are the same But when we look at even further into next growing season This is june to august and if you look into much later into growing season We will see the same pattern which is above normal and much above normal conditions um in temperature And below normal and much below normal conditions in precipitation This is alarming It may indicate a repeat of the 2021 And for location that are already experiencing extreme drought conditions Especially in the northwestern portions of the state. Perhaps the condition in 2022 is going to be much worse And just like before and i mentioned this is going to complete the growing season With a period from july through september and again drier and warmer than normal conditions are expected Looking at the flood On eastern portions of the state we can say that and however western portions of the state There is no problem with that The yellow colors that indicating Near normal near flood stage and the brown colors indicating um minor flood And a moderate flood is the the red so these are limited to fargo grandforks oslo Drayton and pennman account is in the red river and this is limited to red river valley And if I wanted to look at the the forecast and for fargo and the blue line is indicating The forecast indicating Improving condition does the stage is going lower. This is 17.4. This is the current and uh just Today it is indicating red river and fargo just moved out of the Flood conditions and on the left hand side the graphic indicates the current condition the leftmost graph and the second Graphic indicate that that is the highest occurrence this uh Season and the rest of the darker blue colors that indicating highest in in record So looking at the grandforks and indicating that the conditions are getting better And the stage is getting lower and lower But still it is in the minor stage and looking at oslo and that is in moderate flood, but the conditions are getting better Uh, drayton is actually only Along with the pamina is the only two locations in north dakota The peak stage still yet to happen and this is the pamina county Still, uh, it is in the minor stage All right. That's all I have miranda All right. Thank you adnan Unfortunately, we know it's been a tale of two states and kevin and I spent a lot of the winter talking about Drought what what to expect for the 2022 grazing season And it's a really difficult question to answer Hopefully kevin can provide some direction that way and also one of the things that factors into that is management And so kevin's going to visit about those two factors and what we've been doing at ndsu to help Learn more about that management piece Well, thanks, randa, you know, I was hoping that I wouldn't be here this year talking about drought I was hoping 2022 would lead us into a better year, but much of the northern plains is still experiencing drought conditions Um, I know we got some nice moisture in areas But I thought it would still critical for those producers who are going to be dealing with this drought You know, can we do some predictions on what to expect for 2022 in terms of forage production? When you look at this prediction, you know, you almost got to look at what happened last fall and so I created a map that I took the top 20 and on stations in the state and looked at what happened last fall from august 15th to october 31st In terms of departure from average precipitation To kind of get us a feel for where we set up to have a good year or not And if you look at the state, we were actually much of the state was fortunate to get some moisture um It rains anywhere from 53 in that crossbe area to almost 180 of above normal precipitation Down along the edge lee area. So when you look at this map from the last fall This is actually a promising looking scenario It really sets us up to have a good spring this year because it would happen last fall And you understand that the grass that grows in the fall is what starts to grow in the spring So when we left last fall, um, we were fairly at least feeling feel optimistic that most of the state will have a good year in 2022 The negative of this if if you do look at the the northwest corner Of the state, you'll see that That uh, the crossbe area received about 53 of normal precipitation in that time period Well, listen was that 67 percent and sydney montana over there was around 63 percent. So parts of the area still Were low in precipitation last fall and this is really exacerbates what happened last year because of what happened in the fall period And that kind of that circle kind of shows we were at so I wanted to just let look at what happened this winter And so much much of the area at least western eastern half of the state got some snow We were hoping for a little more snow and I hate snow as much as anybody else But we really needed snow in 2021 2022 And you look at the wet the eastern half of the state, you know that bottom area had 142 percent of normal precipitation from that snow You come down to around the street area at 106 But you can see as you go west as most of you know, we've been out west We did not get much moisture a headinger was sitting at 33 of normal precip sydney montana at 53 Which one my biggest concern on this was we have no moisture to refill these stock dams or these moisture at these wetland areas that we require for watering in the western part of the state and so we're going to be looking at at a low Water levels that brands to talk about a little later on but that's really where we got the big issue was what happened last winter And this kind of this this little circle kind of points out where we can see where we had these deficiencies If it's actually I couldn't make my my circle go walking to the right But you get down to Aberdeen they were at 70 percent of normal even down along the litten area We were a little bit deficient in terms of moisture content So most of you have seen my talks You've seen this graph before and it really shows you when we grow grass in North Dakota And so if you look at the drought of 2021 We did not get moisture in the spring and so If you look at that period from mid-may to july 1 We didn't have the moisture last year and that's why we had a low production year in terms of not only pasture production But also forage production in our hay crop so Most of us were lucky enough or were fortunate enough to get fall moisture And that's the second most critical time period It sets you up for success the following year and like I showed you in the first graph Much of the state was above normal for precip at that time period and that that time period is when we grow the tillers That we could begin growth the following spring and so as long as you didn't graze those tillers off You will be set up to have a normal spring in terms of production If moisture is at least normal to above production So I this is a picture of a of a tiller. It's a western wheatgrass tiller. I took last october This was taken actually on the grass land station And the growing point of your plants if you look to the right on the graph that come out of Nebraska And you can see where the growing points at on these younger tillers And it's really near the ground surface and in fact on the graph to your left on the picture The growing point is between the bottom two leaves The positive of that though is you were allowed to graze last fall And so the potential to graze some of this regrowth was there It was positive in terms of helping producers make it through the winter At least the fall periods And but if you did graze that off it does actually terminate growth As you see in the elongation stage of this graph to the right that elongation Elevates as that grass matures out. So most of our plants last fall would have stayed in the vegetative state Which gave us potential for success coming into the spring The negative to this that would happen last year with no snow cover Is you do keep yourself susceptible to winter kill on some of these tillers And so the western part of the state we could see some abortion on these tillers that didn't survive Those that had snow cover will be in really great shape this spring as long as we have the moisture So let's look at the 2021 drought and fall conditions and we talk about management management drives The vigor of those plants so we get into next this spring if they came in the fall healthy Tillers weren't consumed production should be in good conditions. This is just a picture of um of a slight to moderate use At 65 percent removal of the grass tissue these grasses would have came in the winter healthy tillers have been in great shape And so this lives you in a really good condition for this spring This is a picture showing what we call the take half leave half concept Um, this is still a nice ending of the growing season that we shoot for Um, so you're about full use 65 to 80 percent of the palatable plants grazed But your tillers here as you can see the green tissue in there would still have not been consumed and will come into the winter and spring healthy So for those of you who really didn't have a lot of choice You you you've got the spring grazing here in the northwest you've got no fall growth And you had to graze these pastures to really survive those pastures would have come into the winter Low vigor those tillers either didn't get them or that didn't survive And those areas will come into this spring probably in the worst condition one you'll get a delay in growth Which means turnouts going to be delayed Two you're going to have low vigor which means production is going to be lower And if all of the state has any kind of shortage of moisture We're going to see effect at all stages because vigor is low to begin with from 2021 And we don't have much subsoil moisture to carry us over I'm going to turn it over to Miranda. We're we're doing a project And I'm going to let brand talk about that project that relates to this fall grazing Yeah, so those last photos are actually from a program. We're we're doing with our extension agents We have several extension agents across the state that are participating and we're looking at How management during the drought and use last fall is going to impact the ability of those grasslands to recover And so those photos were actually all from the same county the same Same agent and just different uses across that county And so we'll be going out. We're going to monitor grazing readiness or developments this spring Growth and then production and how did that how does management on these Grasslands during drought impact the ability of these grasslands to recover? And this is probably with the with the way this year setting up might is probably going to be a multi-year Program where we're looking at long-term what happens on these grasslands following drought So stay tuned. We'll be posting updates As as we start monitoring and will be the agents will be out there monitoring weekly As things start to green up Thanks branda so You've heard us talk a lot about Grazing readiness when do our plants reach a stage where they store more carbohydrates below ground in the root tissue than what they actually Produce above ground and so we've always talked about this three and three and a half leaf stage And so for native grasses we typically reach that grazing readiness stage at about three and a half leaves Which is the picture to to my right And your exotic grasses like brome grass Crested wheat grass are usually ready to be grazed about the third leaf stage So when we when we talk about this grazing readiness There's a caveat in the northern plains that we almost have to always talk about and that's Kentucky bluegrass Much of our pastures are invaded with Kentucky bluegrass Kentucky bluegrass does not produce three leaves It produces two leaves then elevates a shoot and we want to have a timing in here where you don't wait too late And the bluegrass gets ahead of you And so you do want to want to look at how much bluegrass do you have in your pasture?  I think our turnout date in North Dakota would be somewhere around The third week in May to the fourth week in May depending on where you're at in the state If you did not get the fall moisture Expect at least a seven to ten day delay in growth Because a new tiller has to be developed in 2022 for you to have success So think about that in your area and the timing that you want to match those situations So when we look at at some recommendations based on On production and how does this early grazing impact you the data that that's been done This data actually come out of minnesota, but it really shows how spring grazing that early turnout Has the greatest negative effect on forage production that given year one is you remove Leaf area that you need to capture carbon dioxide and sunlight So those plants lose bigger and you give up production and that production can range as high as 65 percent In dry years or northern plains So if you want to get if you don't have much of a choice Think about you know laying that turnout as long as you can through that mid to late may period To try and minimize that loss and figure that you'll see and you can see in the other Examples in this talk in this in this study here that fall winter ungrazed pastures were very similar It's that spring grazing that will cause the negative effect And so try and find strategies within your drop management plans to minimize that negative effect Will be what you want to shoot for for 2022 So let's look at recommendations and I kind of went through a couple scenarios here So let's look at at when we look at 2022 the key was to allow recovery of those pastures last fall If you did that and you had the fall moisture, you should be in pretty good shape Not all pastures were that was that was the situation So if you were not allowed to to delay that grazing last fall you did get some overuse Those pastures that were overgrazing the fall should be deferred from grazing this spring So look at your pastures and pick those pastures that had the best potential for regrowth in the fall As you're starting pastures in the spring Sometimes we don't we don't do that normally we go kind of a rotation that may not fit that To the t but pick your pastures that have the best potential to have vigor this spring So if normal precipitation occurs this fall Most of the state should experience normal forage production This is a positive thing that I want you to think about if you live in the northwest I'm sorry You're not going to have a great year if we don't have good moisture this spring But those the rest of you should be at least expecting Good production if we have normal precipitation and plan for that in those certain areas So if we have a dry spring and this based on odd nonce forecast It looks like we could be normal. We could be dry That doesn't look like much optimistic for a wet spring So dry could happen and if you're if we have a dry spring the northwest part of North Dakota and in the eastern Montana Are going to definitely have some issues with severe to extreme drought You're going to have to de-stop. You're going to have to delay turnout You're going to have to find ways to survive in a really a third year period of drought Because you're going to severe excessive losses and forage production both on pasture and on hay production Last year much of the state averaged about 35 to 40 percent of normal hay production Which is why you're seeing the high prices of hay the last few months in particular If we stay this dry, I don't see much improvement at all for hay production And you're going to need to plan ahead for what you want to do to compensate for that Whether it's de-stocking whether you're laying in hay early think about these strategies So if you look at at if we have a dry spring in those areas that did get the fall moisture But didn't get the moisture in the wintertime that western half of North Dakota I think if we're dry this spring or still going to have a severe drought The positive is there is some moisture there to get you started And so if we can get some moisture this summer, I think we can at least be optimistic about having some production The eastern half of the state to me is really set up And this is true even in the northeast part of South Dakota Is really set up to have a better year than we've seen since probably 2020 that spring And in fact that the spring of 2022 for those areas had we had fall moisture Should experience a similar spring to what we saw in 2020 when we had a really good fall moisture year in 2019 And so this doesn't mean you should be you should be lax on this I mean, I know we're going to come in plants are starting to be a little bigger We don't have much subsoil moisture, but at least they have a positive response for this coming here in those areas So have a drought plan ready to implement by June 1 the latest I mean, you should be starting now, but I mean in the eastern part of the state I think you can look at June 1 when you want to look at implementing if we stay dry In the northwest, I think we should be really getting serious about what we're going to do for livestock In terms of numbers calling What are you going to do for hay if you don't have another hay crop? I know hay prices right now are really out of the roof, especially in the western dakotas in montana So looking at ways to get in some cheaper haze line up some contracts That's what we're already doing that that the grassland station is we're lining up contracts for 2022 To make sure we're covered just to make sure we have some hay I'm going to turn it over to dr. Marie me hand for now All right, Kevin already alluded to some of the water challenges that we had last year and Surface water continues to be a challenge in the western part of the state We receive and one of the updates that we receive from a county agent their dam on their their farm is a ranch is lower than it's ever been lower than it was last last spring and and the in 2020 it's pretty much dry and Without the snow and the runoff To replenish those Water availability if you're depending on those sources, it's going to be a challenge this year If you don't have a plan in place, we need to have a plan in place hauling water looking at alternative sources And with those low levels, we're going to continue to have challenges with water quality Specifically the challenges we seen last year and I'll talk about those a little bit more Is total dissolved solids the salt and mineral component of those waters And when they get above 5 000 parts per million, we start to see health impacts and then A bigger concern that we've seen here was the sulfates within the In those water sources. We've seen a lot of water sources that had sulfate issues animals that had health issues related to high sulfates so Some toxicities with that sulfate The rule of thumb is five above five 500 parts per million. It could be potentially toxic to calves Above a thousand to cattle. It really depends on their diet In a forage based system. That's a little higher closer to 2500 and it also depends on your animals and what they're accustomed to But if you had issues last year Even if you're in the eastern part of the state I don't know that we've had enough to offset those concentrations and dilute them and so Really just be screening those waters and making sure they're safe That we have some tools that we can do that that makes it simple Most of our county extension offices have handheld tds meters and sulfate test strips So reach out to them and they can Direct you the right direction. Also, they can help you Find some of that equipment if you want some for yourself It's very affordable something that you can have in your pasture in your pickup So when you're checking pastures and getting ready to put animals out you can test those water sources So just a recap of what we've seen in 2021 We tested over 1500 fields A field screenings of water across the state. This was both surface and well waters most of them were surface so Um and we had 151 that had elevated levels of total dissolved solids and 329 that had elevated levels of sulfates And for this it's a greater than 1200 parts per million just because of the test strips give us ranges and so one of the ranges is 800 to 1200 138 of those samples were sent to a lab And of those 214 locations made some type of management change I know craig asked a question about he's seeing higher. I'm guessing sulfates in some of the wells that he's been testing and That we We can see issues with our round water sources part of that's to geology in north dakota Also, um on some of the updates that oh no night traits. So night traits I would look at management around those those locations Usually night traits aren't an issue unless you have some type of runoff coming into into your location And so that is that is a completely different Issue than than this and craig get ahold of me. We can talk about that later But sulfates we can see and and I know groundwater levels are lower and aren't replenishing the same as they were when we have our drought updates That we look at none will show us those maps of the groundwater levels and those are behind Low normal. So depending what aqua for for where we're accessing and getting those that water from we we can see some changes in that This is a map of our sulfates that testing from last year and Of what I want you to take away from this is that it doesn't matter what part of the state you're in a lot of We used to hear a lot before we started this project Is water quality is a western half the state issue? That's not true Some of our worst sites one of our worst sites was in grand forks county And that was actually a well. So it doesn't matter on source it type It doesn't matter what part of state you're in it can still be an issue So just be careful test those waters and make sure that it's safe for your animals The other issue we seen and I anticipate we'll probably see again We've just seen an increase of this in recent years anyways But when we have hot dry conditions, we do see increased potential for cyanobacteria And cyanobacteria produces some toxins There's two different types of neural and a liver toxin or a hepatoxin And those are deadly to all types of animals and can also Impact humans in terms of respiratory conditions some rashes And so we want to be careful when we're using When we're we're monitoring these sources because a bloom can happen very quickly this location for example Was I went out at the site that was there one day? Nothing the water was clear the next day we went back and this is what it looked like So if we can have a way to monitor those water sources just be aware of the risk Of of cyanobacteria as well So looking forward planning The the best solution in terms of long-term growth resilience And even livestock production is looking into a water development They just increase our flexibility in our grazing systems increase our grazeable acres improve our livestock distribution, but Also that improve water quality which will in turn improve our livestock health and performance So really that's a really really something I want you to look into in terms of long-term solutions Obviously we're getting into the grazing system and if you and it takes a delay to get some of these projects implemented so We have to consider things like hauling water and being creative and how can we use How can we have a water available that's Hasn't we have enough water and a good quality water for those animals and still be able to use Utilize the grazing resources we have available to us because I know that was a challenge we ran into This year this past year with some of our ranchers weren't able to utilize some of their pastures because of water quality There are several programs available The department of water resources here in North Dakota still has funding available through their drought livestock drought water disaster water supply program Um And I do believe as long as they're looking into adding additional funding That'll just depend on demand for that program but there are still funds available through that one and there's always opportunities through usd nrcs some some of their programs reach out to your soil conservation district The north Dakota game and fish also has some programs audible and dakota ducks unlimited and some of our other conservation groups Some of them do require cost share but not all of them So you know look reach out a good person to talk to would be your the person in your local soil conservation district office They would be familiar with a lot of those programs and can help point you in the right direction and find find one that works for you So let's end and end with some take home messages And I know there's been a number of questions brought up in the chat box But I want to well end with this last slide and kind of get to some of these questions But we talked about this last year. We've talked about this for many years now develop a drought management strategy early in the game and that includes your livestock your land Your pasture your forages think about the whole system as a whole and how you're going to deal with with the drought if it continues on in 2022 So look at emergency forages. I know next week We're going to talk about the livestock side of this and feeding some of these feed sources And if you're like me, we've had a lot of corn stocks this year We've had a lot of anything we can get our hands on to feed those cows and still balance a diet And so we'll talk about that next year. So think about 2022 What a more what an emergency forages or annual forages you can use in your system To create a feed base and also think about cool and warm season options I mean last year we were dry early our cool season crops did not do very well But we got the august moisture and our warm season grasses did very well And it really saved a lot of our producers if they had a millet or a sorghum sedan grass planted They were able to capture more production because of those fall moistures If you need to buy hay and this is a tough call right now because the price of hay is really high in the western part of the decodas But look around for cost the price of hay right now in the western decodas is almost 100 to 120 bucks more per ton Than it is in minnesota. So look at where you can lay in those feed stuffs Can you lay in some corn stocks? Are you able to feed corn stocks? It's another it's a it's a cheaper feed that if you can blend it off with silage It's a great feed source to provide some filler and some fiber Water shortages. I always tell producers you think about adding water when you don't need it We all are going to need some water airs only water. So that's takes you out of that time right now But I always plan for for adding water to your operation When you don't need it it allows becomes easier to get access to Sometimes the programs aren't available sometimes when you get to those scenarios But it's a great way to invest in your property invest in livestock performance by having good water Evaluate your grazing management strategies. What are you doing today? That allows your pastures to be more resilient Um, if you tend to overgraze pastures or you don't have a good rotation system in place You tend to not be as resilient when we get into a drought There are strategies in place with management that creates natural deferment and recovery that lets those pastures recover when we do get the moisture It makes them more resilient Most grazing systems can get you through a one-year drought Two years drought. We always struggle But resiliency built into the operation is a great way to be ready for a drought And if any indications are we've seen the last five years to six years in North Dakota We've been dry as many wet years many years as we've been wet or actually normal And so I think the pattern right now is maybe we're in a dry cycle And so we need to be thinking about how to manage these grasslands to get the most out of So I think that's my our last slide. I think we can turn it over to any questions on the chat I know there was one question on should we be bailing up corn stocks? And my answer to that is if you can lay in corn stocks For the right price, I would say yes and and I say that because yesterday I contracted for 500 corn stock bails for 2022 that I won't be putting up or get laid in until next october But i'm able to get it at a better price And so any forage base that's a safe feed base has put up properly And yet the potential to blend it off with high quality fees are a great way to cheapen up those rations and get you by during these drought periods Yeah, we have another one on understanding grazing readiness prior to the three-leaf siege Are we currently seeing grass development versus growth? What's the difference? And so we talk about grass development. It is developing those different parts of the grass. So the different leaves As as we and tiller just the different grass parts as as it grows And so prior to three leaf we would still be seeing grass development because we would go through the two leaf and the two and a half leaf But the difference between growth is that it's production growth is how tall is that plant? And so we're seeing both occur at the same time simultaneously You know a great way to put it, you know our grasses grow based on bay length And so they're going to get one leaf at a certain time of the year Every year give or take seven to ten days two leaves is the same way And so that phenology always occurs at the same time give or take Seven to ten days every year. And so when we get a delay we ask for a delay in turnout or you can go out earlier It's always in the month of may that this happens. You should not be grazing native rain in the month of april It is not ready. Um, the other negative to is we can be phenologically ready to be grazed in some years But because it was a dry year Production will not be there. And so yeah, I can graze but the production isn't there Then the bait will come to them Should I be at full stock or not and usually in dry years? You can turn up at a certain time But no, you won't have the biomass to carry you very long into the grazing season And a great example of that is we we're doing we did a project a few years back looking at grazing readiness and monitoring that and we seen in 17 In mid-may our western reed was at At the three-leaf stage is it was around this it was delayed in 18 following a drought and it was also much shorter when it reached that three-leaf stage And so that it was still at grazing readiness, but it was Not very tall Yeah, it's each year is different There's a great question here on on the mixture of native and warmer cool seasons And how that how it impacts resiliency in terms of water use So that what we like to see on pasture is a 60 cool season 40 warm season in the northern plains That is not the norm anymore. Most of north dakota runs 70 to 80 cool seasons And then the kato the kato region or eastern dakota's it could be 90 cool seasons So if you do have a fair amount of warm season grasses, you will improve water efficiency Because of how those grasses use the cool season the use moisture The other caveat is is those grasses don't usually reach grazing readiness Tell about mid-june to the third week in june in the warm seasons blue ground grass reaches about june 15 give or take And so you know that if you're going to rely on those warm season grasses You almost have to delay a little longer unless you have enough cool seasons in there to actually have them capture that moisture Then when we get the moisture the warm seasons will be much more efficient because of their their use Well, there's no more questions. We want to thank everybody for joining us. This was recorded So if you miss part of it or you want to come back to part of the discussion We will be posting that on our social media. It'll also be on YouTube under the nds extension playlist for drought and on our our drought disaster web page So if you and we'll send out to all participants that link when that when the recording is available A reminder that we have a another webinar next Next thursday same time Zach Carlson is going to lead that discussion along with Carl Hoppe and Brian Parman talking about this The alternate tips for feeding I'm knowing that we're going to have to keep animals off pasture a little longer possibly in some parts of state and delay that grazing And also the economics behind making those decisions And I want to say, you know, if you have any questions or you need any help You know contact your local extension agent They're a great resource that you can use they have access to those to the specialists as well So don't be afraid to reach out for help and that mean any kind of help that you that may relate to this drought We're here for you. We want to help you get through this time period Hopefully the rain will come we'll have good moisture and you won't need us That'd be that'd be the best bet, but don't be afraid to contact contact us with any questions


Implicit in our traditional design engineering paradigm is the assumption that we are dealing with a well-bounded system over which we have almost complete control and knowledge. This is true when we are developing most physical systems such as chairs, bridges, cars and so on. But part of the definition for complex systems is that the components within the system have some degree of autonomy, which means as designers, we can only have a partial influence over the system as a whole. The degree to which we can define the system will depend upon the degree of autonomy of the elements. So, in, say, a transportation network, we can have a relatively high level of control by constraining the actions of the cars. But in designing, say, a social network, people value their autonomy highly. No one is in control of the networks that are spawned out of Facebook or Twitter. They are created out of the self-organization of the users on the local level. What we are describing then is essentially a spectrum, on the one side of which we can have top-down control, allowing us to design a well-defined system that will thus be relatively orderly. On the other end, we have what we call self-organizing systems that are less designed but are instead created from the actions and interactions of their users. Thus they will likely be less orderly. Our traditional design engineering approach is of course on the left-hand side of the spectrum. It is a linear model based on the assumption that the end-user is a passive recipient or consumer. Within this industrial model, end-user variation and engagement is dumbed down so as to fit in with pre-designed procedures and systems of mass production. The obvious result of this is disengagement, alienation, and a world where end-users are constrained by systems that are created by a few designers and engineers in large centralized organizations. This is a model we should all be very familiar with. Although user-generated systems have always been there on the fringes of the mainstream, the rise of IT and the Internet has put powerful tools for self-organization and collaboration in the hands of many. Today, many of the most innovative, dynamic, and fast-growing businesses and services are harnessing this by creating platforms for technologies and people to interact, adapt, and self-organize. These are what we call co-creation platforms. Instead of the traditional divide between producer and consumer of a technology or service, innovation harnesses the relatively untapped and potentially vast resource of end-user engagement. Although finished products are sometimes what people want, it is also true that when we give people the capacity to be part of the design and production process, they feel more engaged, are more likely to value the end product, and can be a valuable source of innovation amongst other things. So how do we design these platforms of co-creation to be productive if we can't actually control what happens? If our company crowdsources the designs for the production of our next pair of sports shoes, how do we know they're going to be what we want? Well, we can't. That's part of giving over control. One person will use a social network for saving the planet, the next for avoiding work. What we can do, though, is create attractor states. That is, when we build a platform, we set desired default positions that users can change, but will be attractors for most as they are the default. To give an example of this, when building a video sharing site, if we want the site to be open and sharing, we could set the default copyrights for an uploaded video to Creative Commons. They can change it, but this is an example of an attractor state. Similarly, when we are designing an urban transport system, if we build lots of greenways, psychopaths, and pedestrian streets, people still have a choice as to what mode of transport they use, but walking and cycling increasingly become attractors in the system towards which people will naturally gravitate as it becomes the course of least resistance. Thus we can see how for every choice we have, there is a default, because it is the cheapest, nearest, or easiest. Leveraging these default positions is a powerful method of design. Building subsidies for renewable energy or open workspaces for collaboration make these desired outcome attractors. If at one end of our spectrum we have our traditional, fully controlled systems, and in the middle co-creation platforms, then at the other end we have what are called peer networks that are truly self-organizing systems, examples being Bitcoin, mesh networks, and swarm robotics. There is very little in the way of centralized platform here. Elements in the system are almost fully autonomous. Each node contributes to providing the system's infrastructure and maintaining the system. Thus they require more engagement and responsibility from each node in the network, but can result in exceptionally robust systems. In complex adaptive systems there is always a dynamic between agents and structure. That is the elements in the system and the system itself. Understanding this dynamic and the trade-off between being able to control the system versus harnessing the uncontrollable resources of the users is a key consideration. When we impose a top-down formal design on the system we will create barriers to entry and thus exclude elements either intentionally or unintentionally. They will then inevitably self-organize on the local level to create a two-tier parallel system, one formal, the other informal. Shantytowns are good examples of this. Because the requirements to enter the formal urban system were too high for the migrants, they created an informal self-organized system. This is an undesirable state that will create chronic systems integration problems. By understanding the relationship between the formal and informal, the centralized design and the distributed self-organization, we can design a multi-layered co-creation platform to integrate the two, with an integrated transition from informal low constraints and requirements to the more highly constrained formal level. Top-down formal systems can be very austere, abstract, and impersonal. They are designed to be universal one-size-fits-all. Bureaucratic systems are paradigms of this. They are designed to be impersonal and standardized for all. McDonald's is often cited as an icon of this paradigm with the exact same procedures and processes for making a Big Mac, whether in Bahrain to Santiago. But there is a good reason why many large corporations who are icons of globalization have regional offices and localized offerings. If you want to really engage people, you have to engage them on their own terms, and co-creation is one of the most effective ways to achieve this. When it came to translating Facebook into French, all they had to do was open it up for the users to translate, and passionate users had it completed within a few days. Thus, an impersonal system was adapted to local needs, and this is what co-creation is all about, creating synergies between producers and consumers, between systems and their constituent agents. Harnessing the vast resources of the end user through co-creation is one of the great sources of untapped potential that we are only just beginning to discover in post-industrial economies. It requires us to be aware of and better understand the dynamics of self-organization and just as importantly, the interplay between agents within the system, that is, the users and the structure of the system, the producer of the product, or service.


There's an awful lot in this life to be thankful for I'm absolutely thankful for you guys thankful for a lot of things here in 2021 moving into the holiday season Thanksgiving happy Thanksgiving to each and every one of you guys Coming in the next week. It's been a What really wild year it's gone fast for me. That's for sure We put down on this product every Friday at 9 o'clock eastern standard time for anybody that's going to be joining Or anybody who joins from the international perspective this Goes around in the next 48 hours and I do want a foot stomp and earmark my international community This is a project that I'm I'm very steadfast on I think there's so many people out there that can I can benefit from hearing my perspective and You don't necessarily need to buy into my total perspective You know, I've got a few dollars in Bitcoin Okay These things that I would have despised three years ago and a lot of people are like and Ryan What are you doing? You know, this isn't right for you. Therefore. It's not right for everybody else. I Spend very very little of my time focused in on what other people are doing with their program It's a matter of fact what I do pay attention to Really does separate the way that I approach money the way I think about money down to its physical physical presence And and even what it could actually mean as it takes on different forms And this is one of my most favorite videos that I've ever done in the in the history of the channel for you guys Probably not a lot of you guys. I don't know we're with me five years ago But some of the older legacy content that I've done on the channel This was one of my favorites where I talked about a hundred dollar bill And I talked about the physical sense of money and how people look at that In different ways, they look at it As the physical form of money or they look at it as the multiple forms that that buying power could take on And I think it's really beneficial for a lot of folks to understand how to approach money in this in this manner and Not to be afraid to talk about the money topic I I think it's odd how we we shy away from the money topic But we do want to focus on not retiring with enough And and not having enough to do things with our families And not having enough to Satisfy an unpredicted or an unscheduled medical bill Or or an emergency That has come up where you need to draw upon Certain funds and and most households out there. They don't have those Okay, statistics back me up on this and and I for the life of me Have I've always done this project to combat what I feel is the status quo with money And that is I think Most people out there would desire to have more money The idea is that a lot of people Say that and they say it with frequency But they don't know how to pursue that end and and they remain in a habitual state of Of of habit forming behavior that doesn't get them ahead And I don't know if it's just people's inability to self-assess Change I think if there's anything that you guys could ever do going into 2022 here Is to identify one thing That you can just Break away from the norm this year I stopped drinking coffee weirdest thing Like why why? you know Why do I have to drink coffee just because everybody else does in the morning and I thought well, man I tried to stop and I'd get that really bad headache, but it's like Is that the reason to keep doing it? It's the social experiment, right? Everybody's got to show up to coffee They think you're weird if you don't show up to work with coffee and it really is my really my my my new Renowned or or or really interesting way of Identifying with those things that allow you to break away from the crowd To think differently, right To hold on to a stock holding When everybody else is running for the the hills, okay? Do things independently Do things because they make sense to you Don't do things because they make sense to me or any other influence that you can get out there And they are rampant and they can play into people's inability To display a little bit of patience in this life to get ahead But the more you can kind of understand and and maybe even talk about money for you guys that are Frequent visitors to the independent investor channel at least once every Friday on the live stream. It's great It speaks to your devotion to stare the money topic down right in its face And say, you know what I I get this I actually want to tackle the money topic So ironically, I don't have to think so much about money Into the future Now what we want to do is we want to take that physical Hundred dollar bill and we want to break it up And put it into as many strategic buckets as we possibly can The one that we talk about the most often is to break that into The the mid cap and the large cap s and p 500 It's the most beautiful way of segwaying your hard-earned physical dollars into that I'm going to put capital to risk bucket Most important But mind you it's only one bucket And that's why I find it interesting when You know people have a problem with a certain speculative position that I may take They may have a problem with or disagree with my entering some money into Ethereum or bitcoin or cardano or maybe maybe even some shibu inu And take take a little strategic shot here I mean within the last 10 10 10 hours It's been the best performing Thing in my portfolio. I don't even well some people call it a stock. I find that interesting It's a lottery ticket at best But evidently the shiba inu Share count is actually being burned in a virtual world. I find that funny. I just kind of laugh and you know It's gone up about 200 dollars in value in the last few hours and I just kind of sit back and laugh a little bit It's just one of many strategic forms of money that I have Uh in in my application Now now some of my physical investments that I may have They may come in the form of gold. They may come in the form of arms the firearms ammunition whatever that may be Art you know Things that are vintage. I have collectibles like sports cards You know shot out to jason j mac investing has done a good job. He's traveling around Doing his trade shows and I think it's pretty awesome actually. I'm I told him man. I'm watching his Sports card channel more than his regular investing channel anymore feel kind of bad about it But I don't watch a lot of investing channels Because I'm I'm spending most of my time Making sense of my own program and I think for you guys that kind of Really adopt that philosophy and you know take a few pages out of my playbook I'm going to talk about a really distinct comparison And I think all too often people validate their program by looking at others I and I I don't understand that Um, I don't envy others Um, I you could come up to me and you could have 10 million bucks And I wouldn't treat you any different than if you were somebody on the street that had no money And and and that's the god's honest truth. It really is I I don't see That in people. I don't put people on a pedestal Because everybody else out there says that I should think that you're special I don't think that Um, I actually go back and foot stomp that the most special of people That that are that are walking this earth whether here in the united states or abroad Are people that you've never heard of Beautiful beautiful people with a lot to offer To start themselves and then potentially the world Whether or not they realize that potential or not Maybe they can come on to the independent investor channel and with regard to the financial slice in your life Pick up a touch of motivation that you can put to work for yourself And I think it's the most important piece When you're talking about Revolving around this topic of money So you don't have to talk about money. You can focus on those things Especially as you evolve and especially as you get older in life And you want to see things you want to go and you want to You know make some of those expenditures on experiences because Life is about experiences And if you get fixated On the physical sense of that dollar when you're holding it into your hand in your hands You can honestly lose a lot of track of turning Those physical dollars into experiences into wealth that can make those Experiences happen into wealth that can make the actual Security later on in your life a reality and not a shock Maybe even a potential to help somebody else in need If if indeed you have that opportunity To follow through with that and and use your dollars in a form That that that is different just in the physical sense of the money And so I think that's going to be the topic of conversation as we deliver it deliberate Tonight around How it is that you can you can best look at money How I look at money How I deploy my strategies daily in in whatever capacity I think you guys are going to find this very very enlightening Hopefully you can take some hopefully maybe even you can sit back and and Take some of these and put them to good use for yourself What I don't want you to see is sit back and say man, this guy's really really he's off He's really really different because if you do make that assessment, I'm going to agree with you I'm very very different in my application. Okay What's right for me in the stock game is going to come be completely different than somebody else and I've got a very very interesting perspective in how I look at my wealth building opportunity How I look at life How I look at how important hard-earned dollars are But but equally as as important as to take those dollars and leverage them forward To to to work while I'm continuing to work Okay, and to expand that base of forms of money That way, you know These over here may go stagnant for a while or a few of them may actually go down But I've got different strategies with with each of those buckets that I'm asking to perform In a different matter over my life and at some point down the line I'm going to say look man. I did it hard I made the best decisions that I possibly could Um, I was deliberate, but I wasn't careful I put risk on the table And and I think at the end of the day, man You're not going to get anywhere unless you're willing to put some risk on the table I think for each and every one of you guys identifying in what capacity You want to put that risk on the table is really the importance in carving out your place in the independent investor community And considering and deeming yourself an empowered investor. So welcome to the independent It's been a drag in 2021 I guess from from one perspective to another If I was going to just impart to you how I feel In 2021 it's been it's been rough You know, I go through a week and I come on and I'm like a broken out of the funk and the funk returns but It's it's never as bad as you think that it is And and it's all too often not as good as you think it is I think that's the human's ability to become impatient on a program and Start to draw up scenarios that that kind of Substantiate a narrative for yourself Perhaps if things aren't kind of going, you know good. Are you a good investor? You know, are you moving too far away from your plan? You know, what's going on with highly on every day? It's down every single day. It was down five days this week It's pretty brutal Took a took a hit in the portfolio this week in the tune of about 10,000 So we're going to go through the portfolio review kind of declare where we're at. It's it's just been kind of a bummer 94,000 the irony in this to give you some perspective is what really is the difference between 104,000 And 94,000 some are you going to be like 10 grand ran? That's crazy. That's insanity. Think about all the cool things you could do with 10,000 bucks If you want to know my honest opinion about it when you when you start to manage wealth that I've worked so hard to build over my life You start to change your perspective a little bit and you look at dollars differently where I used to look at $10,000 as an unachievable milestone. I've met it many many times over again In my life with with with a working-class salary Uh, this is something that uh, anybody can can look at and say gosh, you know, ryan's right I I haven't got to my first 10,000. He's talking about 10,000s Um, the the way he used to the way he talks about hundreds of thousands of dollars now And I have multiple accounts that are approaching that $100,000 mark But I think a lot of people would look at this and maybe just shit their pants. They'd fall off tilt and they're like god dang I'm I'm down 10 grand. I'm out of the market I I that that level of thinking just does not even enter into my realm of capacity That is how steadfast I am in my program and let me tell you why The risk tolerance that's necessary to hold an amazon and a google Which have actually carried weight this week have just been absolutely fabulous Thursday amazon went up a hundred and a half per share.  Of course not it just means that we can nicely revolve around this topic Talk about what's going on and and value kind of took a back seat this week It just is what it is. Um now halion's off 11 percent Week over week here. I I really want people if there's halion fans in the um in the group here Take a page out of my playbook because i'm just about ready to shut the door on the yaku thread I I I I don't get that at all. I just don't get it there. There's a bunch of amateurs in there There's amateurs in there that think they're really really smart And they come on and they write really really long threads in there Thinking that they're persuading people I guess or they're just really really bored, which I'm not in either case I don't have time to sit there and try to prove somebody wrong That that has a problem with a post that I made I'm pretty rude in there I really am I just don't have a lot of patience for moronic activity.  I I'm focused on on mine my conviction My my layered approach to this and if you had any idea at all in how much Is baked into this highly on position that I have There's a lot of house money There's a lot of money that I've saved up over time To to to make this investment over time and we just so happen to be down in the name That's it. It's okay. I'm still a very very happy man I get off on a lot of things that I do in life that have absolutely nothing To do with the stock market You'll be proud. I was up at 0500 every single day this week And I was in the gym sweating to the oldies making myself healthy You know, I think I look pretty good for a 44 year old at least last I checked i'm 44 years old Which isn't too shabby, you know, but those are the types of things that um are worthwhile It's not worthwhile trying to substantiate my position now Um, I texted Lewis tonight.  I mean is vanguard Shit in their pants and falling on tilt and selling out of the name because everybody says that it's going to zero Um with with the cash multiple on the books cash and equivalence highly on is worth about four dollars and 90 cents From the best I can tell very good post to my last video that I put in there so you're basically paying a couple dollars for the technology at this point and You know, you you need to ask yourself If if if it's not attractive now It never will be and that's totally okay, but you know get off my back. I'm fine I'm good If you're looking at me for justification and the stock pops back up to 12 14 16 18 bucks You're going to sell the stock anyway That which is not my intention my intention is to hold this ultra ultra long Because my conviction on the company is very very simple I believe that they've got the solution where fleets get to keep their trucks If I can put it in the simplest of forms fleets Get to keep their trucks. It's a segue to r and g It's a segue to supplement their existing diesel if that's what they want to do And it's a segue to keep their existing are c and g trucks To add additional horsepower to provide fuel savings on the diesel side And on the erx side for those fleets that want to be a little bit more aggressive Look at the innovation council Look where debt mar logistics was named named highly on specifically as being the main contributor to them being number eight on the list Anheuser bush was ahead of him. But debt mar is a private company. Yeah Yeah, pretty exciting stuff a few saw some a few posts come through this week That showed the hybrid unit in the fleet with debt mar and they were dirty And I loved it now that type of stuff excited me So look at it from my perspective man. I've got the yahoo thread telling me what I should do with my money I had to I just chuckle a little bit at that You know, or they're trying to sell somebody on some idea that they have some grand epiphany That that thomas healy needs to wipe his ass in a certain fashion and because he doesn't wipe it in the fashion that they say that He needs to that that's justification to sell the stock I'm like sell the stock man. If that's your thesis sell it sell it. No problem.  That's it very very simple Here's raffae array number one with some of the holdings to focus in on some healthcare disney, uh, but the the oil In chevron here jp morgan and the major bank category microsoft, of course Huge staple here in pepsi very nice voo another monkey holding Vbk a little less monkey holding but all the same idea v and q Which is the real estate reed within the raffae array just fits nicely So if I went up it went up and it stayed up for one day And then got whacked back down again Again, I'm just I'm kind of looking at it and I must be tough at this point because I can look at it and be like All right, it's like those shallow in monks You know they get kicked in the nuts over and over and over and over and over and over and over and over And again, and they're just like they're just like this Like yeah kick me in the nuts again It's pretty crazy because if you kick me in the nuts once i'm going down But it's honestly how I feel 2021 has just been a a big swift kick right between the legs It's been absolutely fabulous uh, verizon uh visa visa's been tough And verizon hasn't moved for five years Um walmart and nobody gives any crap for that everybody's like, you know value investing It's the way to go. It's a good way to put money to sleep for a long time You want to go for compounding and capital appreciation just invest in The etf like voo, right? You're going to get that compounding growth over time with the with the you know 10 to 11 or so it's just been on fire So let's safely and conservatively say 8 to 10 percent because I know at some point this sucker is going to roll off But you know, that's the time you look at it and it's like, okay, the markets rolled off I just by march really simple really really simple But but value is tough man value can really remain in a trough for a long long time And I don't care who you are if if you get lucky and you're like, um, I saw joe carlson He's talking about home depot, you know outpacing the the technology stocks You get lucky sometimes man That has nothing to do with your personal ability to pick stocks nothing nothing You want to you want to buy buy value buy it the way I buy it in the account that I'm about to declare to you And just buy a bunch of quality names And and own them all And and don't try to stockpick the market man. It's a futile way to go about it for most people. All right Here's roth 2 in the house. Um, this is mine Triple q's are still doing well exxon mobiles come off facebook doing doing quite well And uh, you know the vpu vig. I love that a dividend depreciation fund. What a great fund Absolutely fantastic. And then we got a little pocket. They're highly on green If it ever does turn to the green, we're going to be in the money.  Is it going to break it? I don't know. I don't really care It doesn't really change where I think the stock is going to be in five years So again, I'd rather just, you know Not fall on tilt and and and be subject to the yahu The yahu crazies that are that are telling everybody what they think that they you should do with your money Um, I I I responded to one today and I was like you spend a lot of time here.  I'm sorry.   Most people do not Impress me at all and that's a good place for it. Go into the yahu thread. It's a lot of fun Bagging on the yahu thread tonight. No doubt about it. It's about it's about on par in my opinion to a toilet bowl dirty That's about what I feel about it. Mm-hmm. Yeah So here's the dividend portfolio just shy of 19. Oh, excuse me. That's the the passive The sector portfolio that we've got 19,000 nice, man Whatever it's slowly growing I remember when I started this Started it with 1500 and look at us now, man. We look at this and it's flirting with 20 grand I've done nothing to this except for fund it $50 every two weeks Maybe every week. I can't remember. I don't even know anymore I've got funds. I got funds dispersing to each of these buckets Very very aggressively every single month every single month. They're going in here A lot of money. I'm serious about my program. We'll talk a little bit about what it takes to be as serious and everybody can do it Everybody can everybody can be a little bit more serious about their money. Okay. Come on guys Be with me here. You don't need to blindly follow me. You've got it in inside you you really do People usually have an internal flame or they want a little bit more in life Mm-hmm. Mm-hmm. Just got to tap into that a little bit. That's right Here's the dividend portfolio 26 271. So this is cool. I've started I put a thousand dollar bill Into a bond portfolio here Just to start some of that fixed income. Why not it's another form of money. Why not?  I don't care, but it's another form of money Yeah, it's a stable form of money And who am I to say that bonds aren't going to Come into favor here over the next 10 or so years as I get older into my 50s I'd like to have a nice chunk of bonds and I'm talking a quarter million dollars in bonds A nice bond portfolio would serve me just fine to have some fixed income coming in Yeah, I'll take that I'll take that action. I'm good to go. All right. Why? Because I can and you can too Okay Just as many strategic buckets as I can possibly you might not agree with all of them You know, I don't agree with shiba inu. Great. No problem. Don't do it. It's okay. It's just a bucket It's all right Like I said over the last couple hours. I've made 250 bucks. I could probably check it right now and I'm up another 100 You know, what other opportunity do you have to make that kind of exponential money? I don't know That you answer that for me If you want to just continue to save to your savings account Great, but that is just one avenue one Amongst many that you could exploit for your financial security into your future. Okay Thrift savings plan is up. This is one of the few that's up week over week. This is chugging right along 62,000 fantastic What a great initiative this was when I started this Back in 2011 and 10 years later. Look at that just without missing a beat We've got a $60,000 bill in here approaching that next threshold with which is a hundred grand Six-figure account in less than 15 years. Not too shabby Not too shabby at all. All right, robin hoods up a little bit. This is the the vanguard's growth Obviously amazon and google would have helped push this up this week. They did quite well Weeble with the mid cap offering here down just a touch a couple bucks here nothing nothing too crazy Schwab we put the position in swiss f. Okay That's glowbacks data. Um, so we've got 10 000 shares of it. So not the entire amount Invested in that we've got a little bit of pay dirt. They're just sitting on the side. No big deal I'll put it to work strategically if I if I deem that necessary, but uh, that's what we've got in the Schwab account I really like the Schwab platform. It's a good one So for you guys that I I was trying to I did this for you guys like I don't care I don't need all these brokers, but I did it for fun. Why not establish a strategic bucket? This is an aggressive growth type of bucket I wanted to pick up swiss f and you can't do it on a lot of platforms. You can't do it on robin hood I can't do it on mine without calling them and begging them Uh to put me in the name charles Schwab no problem bingo bingo bongo man You got the funds in there. It takes a couple days to clear out and there you go I was off and running and I got to invest in the capacity that I wanted to Which was kind of cool. Mm-hmm And and we both I like a lot. So I'm just kind of checking out these platforms get back to you guys. They're interesting Um to each his own In the aesthetics that you choose in your brokerage account, but uh, it's kind of why I'm doing this anyway There's the crypto went back into bitcoin 36 percent in bitcoin ethereum 18 cardano 6 percent And the shiba, you know There with a little dab Very very small incremental dab So, you know, you guys can be like you ryan.    And put in it the the cool thing about this is man, and I put out a video on this I trust capital has done away with their 30 dollar a month a month maintenance fee. It's now free It's now free to invest in cryptocurrency Um of their liking. I think they've got about 20 or so on the platform But you can invest in these In attack sheltered account Not a lot of opportunity to do that out there It's kind of cool that they've done away with that 30 dollar fee Which I felt was a little steep. I did but kind of a cool opportunity So what's the difference between this week and last week a few bucks?  Could it go to four? Could it go to six?  There's no way There's no way on this god's green earth man that I Should have that kind of wealth with the amount of household income that I've brought in over the last 16 years of my career. No effing way. No effing way Take take my word for it. A lot of people would look at it and be like, ah, ryan, you the independent fellow You're a big super duper hooper star No, no, it's not I've made 20 grand on the independence investor channel and ad revenue since I started 20 grand If you want to ask me if it's been worth it hell, no Hell, no Hell, no for the people that I love through the community. I love them. I love some of these folks that are part of this community I love it even more when they can come in and hear something from me that they can pay forward In their own application and find some success some success at that's fabulous. That's absolutely fabulous but No, it's it's just been by nature of sheer will A determination a mental mindset of focusing in on this topic Um to to the extent I enjoy it. I really do. I enjoy it.  That's what I'm talking about. That was rocky for for you. Yeah It was rocky for I knew you guys knew that but Anyway, I digress man. It is a number Okay And and again with all of the word in the yahoo thread of people coming in there and they're just holy Shit, it's down another 17 cents Ryan.  No, he doesn't he doesn't and and and really who who are you? Okay vanguard black rock bank of america Morgan stanley goldman sacks They all own millions of shares in this company. They're fine. Okay, they're fine The only people who seemingly are not fine right now Are the retail investors who are choosing to come in and absolutely bitch their head off And think it's going to make the first effin bit of difference and it's not it's just not Proper 19 backs me up on this. He says hell. Yeah, Ryan.  Yeah He liked that rocky for analogy, man. Oh your power all your love you gotta punch and punch so you can't punch no more Yeah, it's so good, man But uh, yeah, anyway, I'm at the bottom of the thread here. I'm going through some comments and even buying NFTs Fantastic Some nice features and sales see us cool. You guys are talking amongst yourself If you get tired of me ranting on cheers ryan great mess. I'd appreciate you david. Thanks for stopping in Absolutely. I try to provide a little bit of motivation a little bit of a mindset That'll help make some sense out of this deal I don't think it's as difficult as people but it is a it is a mental conditioning a bit You know, it really is You got to put some deliberate thought into it I I think if you game plan a little bit On on how it is that you can expect injects to come into your life And and plan for those injects accordingly Then if you start to think about that gosh ryan mentioned an emergency fund Maybe that makes a little bit of sense for us honey. What do you think about that? Yeah, I think that makes sense, right? How much do we have in the emergency fund, honey? Well, we have 82 dollars, honey Maybe we can bump up on that little idea a little bit and say maybe we can anticipate not floating through life on a magic carpet our entire life and maybe Being subject highly unlikely But maybe being subject to a little bit of bad luck a little bit and maybe we can prepare now To account for said bad luck, right? Um, I don't know. Um, I've heard people talk about this investing thing Maybe we should look into putting a little bit of capital to risk I don't know. I talked to my neighbor and and they said that the last time they invested That they had like 1500 dollars in there and the market went down And they panicked and they pulled everything out of the market before they lost it all So, you know If it makes sense for you to start to question some of your applications by all means that's the whole key Is when we're looking to kind of challenge a little bit here We work up the gig here try to pick a few of these comments I got the guy with the viper in the house and jamie. It's great to see you my friend Great to see you my friend. It's cold as hell up here in virginia, man I'm sure it's still like 80 down there in florida.   Yeah, he did. I'm kind of crazy. This is a great move to scope of some of these coins Oh god, you're talking about cryptocurrency. Holy moly.  I trust his description if you want to look it up. Sure. Yeah, so I do share in the description Um, I haven't figured out how to get paid the affiliate. I guess I am affiliated with them But I don't know if anybody signed up yet. No big deal. I did. I like them. I signed up and That was a chronicle that wasn't to shibu inu video I secretly put those little things out there to introduce a platform that I actually use And for those that don't want to invest in coinbase and and some of the other offerings They want to put maybe some bitcoin ethereum cardano some of the more established Coins in place and they don't want to go through grayscale. Just make a grayscale Look at grayscale. Look at the breakdown of bitcoin ethereum and cardano Just build your own put it in a tax deferred account and and you're off and running You don't have to be subject to the high expense of grayscale. Mm-hmm. Yep. Just an idea Yeah, it's good stuff, man Michael says jamie. Thank you. Jamie's a good guy for sure. If I trust does pure bonds. I need to take a look at it Yeah, it doesn't it's crypto and and uh and precious metal. That's it. I'm not I'm not interested in the crypto or excuse me the Precious metal element at all to be honest with you It's really just the top end crypto. That's all and and I you wouldn't be eligible I don't think map with the income anyway. So, you know to each his own for for what makes sense You know a grayscale makes sense for you, right? You succumb your money to a little bit of expense which gets internally Consumed you don't see that right they consume that within the bond and you live to fight another day Mm-hmm. Just own it in a taxable account. It works fine. Mm-hmm. Good stuff He uses I trust well, he uses it. Yep. Still feeling it out I've been with him for now two three months. Anyway, what platform to use. Yep. That's I trust is what I use It's good. I like them. They're really nice Uh 12 dollars prized overweight rating Are you guys talking about highly on I like my price target 24 It's as if we're going to enter into 2022 and and not report revenue, right? 359,000 of accounts receivable Triple the accounts receivable what what I consider to be hybrid sales, which will hit the books If they can throw a couple of erx actual finalized letters of intent to purchase on that that would be great, but if we're Uh, assuming that highly on is going to enter into 2022 and not add more reservations to An established precedence of going on what 1500 and 90 Reservations thus far and Those think tanks and the yahoo thread they're like that means nothing Okay, it means nothing asshole.   They're using it. They're an established customer Those relationships that exist with them and their customers. You you can't make that up. Okay. It's more than nothing. Okay Um, perhaps i'm wrong Ryan you're wrong. You're putting too much merit in that Fair enough. I'm prepared to be wrong, but I I think it's really really Short-sighted to consider it to be a non issue when I think it's a little bit more than a non issue But going into 2022 I think they're going to continue to build out this reservation reservation order back If there's a silver lining in this whole thing They can't do mass orders right now anyway.  Who cares? What if agility came back and said hey highly on we want to go ahead and follow through with 500 Of our thousand reservation orders could highly on a bludge the answer is no The supply chain shortage is is what's going on right now, which is outside of their control I posed the scary question could they meet the order if they came and said we want 10? The answer is no the answer is no Their hands are tied behind their back right now. There's nothing else they can do.   Mm-hmm. Mm-hmm Got new coverage in the price. I was cantor I believe I saw that actually yeah 12. That's the one you're talking about I I I saw that um that that's right. I mean the the uh Cash to cash equivalence right now puts a value at about five dollars So you're talking about paying a couple bucks here for the technology the patents That prove an order book.  If you want to go do that. It's okay It's not in my wheelie house. Okay. I've already justified through my conviction what it is that I do I'm totally fine with it. I think cantors right on the money 12. I think that's conservative I think that's a easy call to make over the next 12 months. I think by nature drift The stock could be there. No doubt about it.  I could be wrong. Um, I could Could you imagine if I was right? Hmm You mean stocks do go up sometimes? No, no not in this case ryan. It's impossible.  It's never gonna go up They're never gonna sell a product We'll see We will see time being the essence in texas forever couldn't agree more with the Down alone star state. It's great to see you matt. Hope all as well. Thanks for having me on to the live stream last week It was a lot of fun. That was pretty cool, man. It was a lot of fun Who said anything about oil you cook and it's really sold off Um, I think the price dropped Big time this week. I think it was a real catalyst a lot of the oil stocks sold off this week. I think I Little disappointed in that. That's all right. I'm like the shall in monk.  No kidding crazy so freedom to financial freedoms coming to us from Abroad it's very cool to have you in the group man's first time live So give them give them a shot out here pretty awesome for our international communities In respect to the time difference To to align their schedules with the independent investor community here on the live stream. I'm a debt to you That's pretty badass. Yep. Yep. You get a badass shot out from the independent investor channel pretty awesome And thanks for coming in. I really appreciate it sell all highly on I'll get them for me. Thank you I I don't know. I mean my shares are fine. I'm going to do a position video this week and talk about my position specifically Um, I've got multiple hundred share bullets and I've built it up like I've built a pyramid There's no doubt about it. Um, is it going to zero? Yeah, I don't really invest that way to be honest with you I don't really invest that way Yeah, I don't see the company not having a little conviction whether or not it happens next year in three years or five years of 10 years Really irrelevant to me. Um, it will happen. It's inevitable Mm-hmm Look at that the chips Yeah, it's been nasty ARM machine learning and don't speak of Nvidia. You're missing out. No doubt. It's the best in breed I love Nvidia great company. I've made great money with Nvidia. I currently don't own it right here Um, that's why the aggressive growth that I declared to you guys Um Is is going to be built out with some of those names. Uh, some of the invidias of the world Um, some of the high conviction at cloud plays. I see your CRM fits that bill Crowdstrike fits that bill Adobe systems. I love but I don't own right here Yeah, lots of really good names that I can fill out that portfolio with From an aggressive portfolio from an aggressive profile. I set my trap at five. You sell some cash secured puts against it I sold some long calls. It got down to just below seven I thought that was a really good time to pick up a few contracts. No big deal long calls 2024s Mm-hmm. Yeah, a lot of fun. I love investing. It's a lot of fun Yahoo is never a solid information source for me. Oh, it's the threat is garbage There's a few really good people in there. I don't I want to be fair.   I don't care. Donate it to a charity. I don't care I I don't care. I don't care what you have to say to me I don't care if you have a problem with what I say.  It's all good That's what I'm talking about Thanks for the confidence all seven figures nothing compared to elan's 12. Uh, come on man It's all relative to be honest with you Um, I think when you look and this is why I say I don't put people on a pedestal Um, I don't know how happy of a man. He is I don't know I I know how happy of a man. I am And um, I gravitate to those people man that um, Yeah, they they've got some real things to be happy about and a lot of it doesn't have to do with with that type of stuff Mm-hmm. I I get off The renderings is the money. Okay. Um, I get off on the business I I get off on the building of things Right and there's a lot of things that we as a group here, right the rich gang have to build Um, and it has a lot to do with real estate. It's real simple. I mean, that's just the key to success It's not this it's not. Um, it's not entertaining people in a yahoo thread. That's for damn sure Um, and and it's not even really in the capacity of anything that I see on social media That I could prescribe to long term. I don't I love this I could do the live stream for the next 20 years. I could do it until I died It's a lot of fun a lot of fun this content. They'll be online For the rest of of my life and when I'm gone It'll it'll remain on online. It's kind of cool, you know But there's a lot about being online too much that I don't like at all But uh, yeah, the best is yet to come Got to build that stuff up for sure Ryan Lamb says Gives a ticker symbol recommendation there. Yeah, I'll have to look into that Yeah, I've heard some people talking about it the yahoo thread Fantastic. Maybe I should go go buy a little bit. Maybe 25 shares or so if it goes down Ryan lamb I'm coming after you. All right. If I buy 25 shares and it goes down like 17 cents I am coming after you. All right Very cool stuff Let me give a quick five minutes. I want to go through this because I I really did I had this idea and I was going to try to separate I look at money as a tool. I really do get that comment off there Look at money as a tool when money comes in I'm always looking where I can deploy that money And I think a lot of people look at You know the time that they spend to acquire money so that they can spend the money that that's really the vicious cycle Okay, and my my thing is always Where's the inflow coming and then what more importantly can we do to to maximize Or prolong the staying power of those dollars going forward. All right People like me justify stock. We don't justify spending That's very very important. Okay. We substantiate we validate Right, we go through the due diligence to really gain that conviction that I speak about Where a lot of people I think they justify Things it makes them happy in the short term.  I feel good. I don't feel good anymore.  You buy it and buy it and buy it and I gotta feel good all the time and I buy that I don't have any money, but it's all right because I feel good Right, you'd be kind of careful with that I'm focused we're gonna be very very focused when you're looking to Apply a money discipline that works. I talked a little bit about during the live stream Um, I spend a lot of time thinking about money and I don't shy away from it. Okay.   I have family members that are like, hey, we can't share don't share that Don't share that with right. I I don't want to know what you make. I don't know what's your mind I'm like, how much do you make? I don't I don't care. I don't care. You could tell me that you make I had a hundred thousand dollars a month and it wouldn't faze me. It's no problem. Great. Good for you. That's awesome What do you do?  I mean the exercise?  I don't know You know, that that's pretty good dollars a hundred thousand dollars. I'll just be curious, you know um Mentally prepared For those injects I talked about a little bit where I think a lot of people are potentially ill prepared to Just sit down and think about what are some of the force Forseeable outcomes into your future. Are you going to get old? I don't know. Maybe a lot of you don't think about that stuff. Maybe you are going to get old What are some of those things that you can do in in preparation of that? Inevitable event and I think there's a lot in life that are inevitable. That's why I consider and chalk up investing To be an absolute necessity In your life and I think where a lot of people will justify a lot of different things out there Contrary to separating yourself from your money That's where you start to get into trouble I think I deliberate when I spend I deliberate when I buy and I deliberate when I sell Okay, whereas on the stock side of the house, especially there's impulse spending There's impulse buying and there's impulse selling. That's what in the yahoo thread. A lot of people are playing off of as people's emotional They're investing with emotion because they don't know any different doesn't mean they're bad people It doesn't mean they don't know any different to be like man. Maybe there's a different Strategy or method that I should deploy that I know is going to work because this doesn't feel right Like this just doesn't feel right this it just it doesn't feel right and all these people are telling me that I shouldn't feel Right about And then gone it's gone impulse. Okay, I got to do away with the impulse chill out take my advice.  Okay The use of credit and cash Different applications about what makes to you sense to you in throttling down on the spending Strategic ways of spending if I spend on credit What's the difference a lot of people who are into this like Physical nature of money. They just got to touch it and they got to feel it and I can look at me Look at me. Look at me. I can do this It's it's paper, but I can do this. Isn't this great I haven't seen a stack of money for a long long time You want to know why because I don't I'm more used to looking at my virtual number Than I am a physical stack of cash And a lot of people do that. They're like, I don't have any cash in my wallet I need to have a couple hundred bucks in my wallet just in case I get into an emergency No, you don't what what the hell is that about? You're fine in this country. You're totally fine chill out. Okay Super super important, this is the biggest one You need to learn how to distance yourself from money when you come into the independent investor channel live stream We put it right in your face right in your face That doesn't mean that you can't digress when we're done talking about this Vent session that I put out. This is great for me too. It allows me to vent talk about my favorite topic money boom boom I'm aggressive.  I will be lock step steadfast in our mission tomorrow at eight at two soccer games tomorrow two My focus will be there My focus will be on other things when we're done with the game hitting the gym working out eating healthy tomorrow Every single day is a new challenge to where you can incorporate those things that are way way more important During those times of focus than your money. Okay It can start to consume you a little bit if you're thinking about it all the time, okay So set aside those times when you're like dang, this is pretty cool Ryan saying it's okay to talk about the money. I think it's fun. I think it's fun. You might think i'm weird A lot of people think that people who talk about money as often as I do is weird But again, I buy into the philosophy that if I can really hit this topic hard The program is there. It's in place. I don't have to focus on a little dab of cryptocurrency I don't have to focus on a little dab of element of hyper growth in my portfolio I don't have to focus on the mid cap allocation or the dividend growth strategy or the cash allocation Or my child's college fund or my child's, uh, you know 5 29s and u gma accounts My savings account, right My surplus account, right my this my that I don't have to focus on those because I've already taken the time To use my wrench to build those accounts up over time My tsp I can go on and on and on all of those strategic buckets feel different strategies in my life So I've already put in the good work Okay, it's not like I have to continue to put in work and then stress out about putting in more work To build it up and do more and do more and more and more No, you put in the work on the onset and then you digress a little bit and enjoy being an investor monitor the accounts monitor them Check their performance. Okay Build them up over time look for pockets of improvement over time But let me tell you guys when you build up a program like mine It becomes very very apparent to me that the more that I can just hold true on the market The better off i'll be in the long term and it actually takes so much stress off of Not having enough money, which is the fundamental The fundamental problem that we're going at in in this society is people wanting more money How do you get there? Okay, and really the key is to be able to separate Separate from the need to feel that money all the time separate from it Put those strategic buckets out to work and start to build your digital number Super super important, right? And once you separate from your money and you know and you're comfortable with that separation That's the key is a lot of people. It scares them to death They don't want to do that like man alive. I I can't do that type of thing That's crazy. I gotta I gotta have my money physically In front of me or I gotta feel it or I gotta have it in case of an emergency, right? You get where I'm going with that. So very very important to To to separate from your money. I really hope you guys appreciate this I always try to give these insights on how I approach the money game And for me what makes sense for me is not something that I'm going to try to sell every individual on But if you come into the independent investor channel live stream I'll give you what I've given you for the last 60 minutes Put the heart on the sleeve a little bit and tell you why it is that I do what I do To try to justify and and really help answer some of those questions as to Gosh, maybe that makes sense for Ryan. Maybe that doesn't make sense for me or I'm critical on his program But but but I get it. I get that each and everybody out there has their own strategy to deploy And and the secret sauce of it is to find those strategies that work for you So guys, I really appreciate you tuning in to the independent investor channel live stream We will wrap it up 60 minutes fast to 60 minutes on youtube for me. I can't believe it It seems like a minute ago. I just started but that's how much fun. I have on the fast of 60 minutes on youtube There's no doubt about it. We love putting this product forward We hope that we've reached one investor and we were able to empower That one investor that was able to find their way into the message this evening. Thank you so much I I give all the thanks in the world for you guys I give a lot of thanks for the opportunity out there But it's only opportunity if you embrace it and you take advantage of it and pursue Those opportunities that are right there for the taking you just got to give yourself A fighting chance so guys happy Thanksgiving to you guys coming into next thursday Appreciate all you guys devote subscribers to the message and also a shout out to my international community Who is absolutely fabulous man?