against day five of the year and it's day five of the workbook lessons of The Course in Miracles. How joyful it is to train your mind for inner peace, to train your mind to be tuned in to God, to the Holy Spirit, to Jesus, to be happy. No small gift, happiness, peace, joy. No small gift and it's a gift to yourself. It's a gift to the whole universe. It's a gift that we've been praying to give, praying to extend and we're smack dab in the middle of it. So some of you know over the years when I practice The Course in Miracles workbook lessons and and actually what has come to mind whenever there is a twinge of upset the practice internally is workbook lessons five six seven eight five six seven eight and today yes workbook lesson number five our first Friday of the year and here we are on workbook lesson number five. I am never upset for the reason I think and you know if that was a mantra you had and you you just held to this mantra that would be very very very helpful in starting to change your mind about your mind about turning away from darkness and toward the light about releasing anything any scraps of judgments grievances because this lesson is is the first one where Jesus is really bringing in that idea of upset what is an upset it's it's a grievance and it there are no small grievances or big grievances you know grievances hide the light of the world of the world in me grievances hide the light of Christ from my awareness so the whole point of forgiveness is to let go of the grievances so today we join together in that you know maybe this is the first day of your I am never upset for the reason I think ministry how's that for a title I don't think I don't think that names been used if any of you were starting starting out feeling to start start a ministry I am never upset for the reason I think ministry that's a sweet one so I'm feeling yeah in terms of ministry you know today well I really woke up feeling I am among the ministers of God what does that mean well our ministry is a ministry of happiness and joy and glee and love so when we're in our ministry we're in the beatitudes that Jesus was talking about 2,000 years ago it's a ministry of the state of mind of the beatitudes that's what it is is it organized no it's not really organized but it's it's an attitude it's a state of mind it's what's in your heart that radiates out and let you let the light of God's love radiate out through you and yeah I'm gonna be part of a in-person online gathering today of the ministers of God gathering over 70 of us in person and online and and basically everyone who wants to be a teacher of God is a teacher of God the key word is want do you want to be you want to take your your place in the in the mind in the in the great awakening by being the light of the world and radiating that light out to everyone in everything use every moment to radiate the love of God don't hold back a single moment there's no there's no time to delay now is the time and that's beautiful because it takes it to a vast vast experience where you start to realize that every loving thought by anyone anywhere at any time is is a contribution to shining the light of God it doesn't really matter what the culture is or what the physicality the location it doesn't matter what the earthly identity is it doesn't matter there's it's not a ministry of position it's not a ministry of of orientation in terms of cultural norms or learn things it's a ministry of joy just it's a ministry of the moment so that's what you're I'm never upset for the reason I think ministry is it's the ministry of the moment remember that when you're in the ministry of the moment you're in you're in that ministry and this is just a way of clearing the mind of anything that's not joy so let's jump into it lesson number five I am never upset for the reason I think this idea like the preceding one can be used with any person situation or event you think is causing you pain apply it specifically to whatever you believe is the cause of your upset using the description of the feeling in whatever term seems accurate to you the upset may seem to be fear worry depression anxiety anger hatred jealousy or any number of forms all of which will be perceived as different this is not true however until you learn that form does not matter each form becomes a proper subject for the exercises for the day applying the same idea to each of them separately is the first step in ultimately recognizing they are all the same when using the idea for today for a specific perceived cause of any upset of an upset in any form use both the name of the form in which you see the upset and the cause which you ascribed to it for example I am not angry at fill in the blank for the reason I think I'm not afraid of fill in the blank any name you want for the reason I think but again this should not be substituted for practice periods in which you first search your mind for quote sources of upset in which you believe and forms of upset which you think result in these exercises more than in the preceding ones you may find it hard to be indiscriminate and to avoid giving greater weight to some subjects than to others it might help to proceed the exercises with the statement there are no small upsets they are all equally disturbing to my peace of mind that examine your mind for whatever is distressing you regardless of how much or how little you think it is doing so you may also find yourself less willing to apply today's idea to some perceived sources of upset than to others if this occurs think first of this I cannot keep this form of upset and let the others go for the purposes of these exercises then I will regard them all as the same then search your mind for no more than a minute or so and try to identify a number of different forms of upset that are disturbing you regardless of the relative importance you may get apply the idea for today to each of them using the name of both the source of the upside as you perceive it and of the feeling as you experience it further examples are I am not worried about for the reason I think I am not depressed about for the reason I think three or four times during the day is enough and I just was praying a bit on on what from the text could support us today in our beautiful I am never upset for the reason I think ministry so here we go from the beginning of chapter 10 this is given us for support today in our lesson nothing beyond yourself can make you fearful or loving because nothing is beyond you time and eternity are both in your mind and will conflict until you perceive time solely as a means to regain eternity you cannot do this as long as you believe that anything happening to you is caused by factors outside yourself you must learn that time is solely at your disposal and that nothing in the world can take this responsibility from you you can violate God's laws in your imagination but you cannot escape from them they were established for your protection and are as inviolate as your safety God created nothing beside you and nothing beside you exist for you are part of him what except him can exist nothing beyond him can happen because nothing except him is real your creations add to him as you do but nothing is added that is different because everything has always been what can upset you except the ephemeral and how can the ephemeral be real if you are God's only creation and he created you eternal your holy mind establishes everything that happens to you every response you make to everything you perceive is up to you because your mind determines your perception of it God does not change his mind about you for he is not uncertain of himself and what he knows can be known because he does not know it only for himself he created you for himself but he gave you the power to create for yourself so you would be like him that is why your mind is holy can anything exceed the love of God can anything then exceed your will nothing can reach you from beyond it because being in God you encompass everything believe this and you will realize how much is up to you when anything threatens your peace of mind ask yourself as God changed his mind about me then accept his decision for it is indeed changeless and refusal to change your mind about yourself God will never decide against you or he would be deciding against himself ah there's the support no cause outside my mind so it must be I'm never upset for the reason I think and it must be that I'm just holding on to a grievance just holding on to a grievance if I'm upset nothing but my thoughts affect me if I'm choosing attack thoughts if I'm choosing judgments if I'm choosing grievances then I have to take responsibility for my peace of mind and the first step of the five six seven eight solution is the that's the solution of reversing the belief that there's an external source an external cause happiness is an internal matter health is an internal matter joy is an internal matter freedom is an internal matter and God's well being the kingdom of heaven within is an internal matter so what a joyful way as we leap into the new year here we are Friday first Friday of 2024 that's right lesson number five I am never upset for the reason I think if you have to just make a song out of it it goes through the day and just notice if you start to feel anything that's not extreme happiness and joy then just notice ah let that little nudge come oh that's right that's the lesson of the day coming in I'm never upset for the reason I think and that's the first step in freedom that's the first step toward the gateway of eternity within and we just read that in chapter 10 beginning there time and eternity you know cannot really coexist but both of them are in you while you believe that in the split mind so today by choosing eternity you are choosing the present moment the holy incident and if you choose to get preoccupied with time ideas thoughts of the past or the future time ideas they they come from the ego they're not coming from God God wills you perfect happiness right now and that is thank God for God's will okay lots of blessings I'm gonna have a beautiful day with the ministers of God I see you all in that beautiful light shining the light of God's love and I send my love to you


Great one digital asset news to get top stories and crypto and break them down into bite-sized pieces So today just as the thumbnail and title suggests. It's really time to focus on exactly what's important Kind of drawn out some of noise. So we're gonna take a look at exactly Well, these try to what is going on in the market and we're gonna try talk about focusing on what you can change You control and we'll talk about some real news and a little bit of things that are going on as far as investing Also, we're gonna take a look at there's a narrative popping up Which is Russia finding the way around sanctions through crypto and digital assets and will this hurt the narrative of crypto We're gonna take a look at the flip side of that exact argument and then lastly we'll take a look at how there is a particular mining pool which are shutting down Russians and Also, Kazakhstan has an energy issue and we'll take a look at what the repercussions are I think this is a story that is going to unfold massively as time goes on and lastly We'll do the Q&A five questions in five minutes Just so you know, we're gonna do the DCA show which is me Ben from into the crypto verse and James later today So I'll get the information out as fast as possible But before we do that, let's take a look at what's going on with the market and also if you're watching the live stream Welcome, I appreciate you waking up or you know, whatever time it is where you're at But if you're watching the replay just know there's gonna be timestamps below so you can fast-forward and do whatever you want to it's pretty sequential manner and The news takes about 15 minutes and then of course when we get to the Q&A she'd only take five So about 20 minutes in total. Hopefully let's break into it Not so first things first. This is what we got We had a bounce yesterday and yesterday. It wasn't let's just say let's just call a spade a spade is crappy day crappy day, I mean globally a lot of people lives were lost War is just one of those things that you know, I've lived through quite some time Serve in the military and I just don't I know why wars are waged. I understand. I'm not not that naive But it's just it's just it's always shocking to me not shocking It's just always amazing to me that it just goes on and on and on and never stops So right now I thought we're going to drop a little Further, but we didn't and the question is why didn't we drop further? Well? I think there's some answers to that question But really let's just take a look at what's going on right now that we know concrete facts right now Mark caps at 1.8 and we were at 1.6 trillion looking pretty good Bitcoin bounced tremendously 24 hours 10 percent a theorems up almost 13 percent finance coin 9 percent XRP And that lovely 6th position at almost 11 so on is up 11 percent Cardona almost 13 percent Terra Luna up 26 percent in 24 hours and then on down the line I think anything really went down per se in the top 100. Yeah So, I mean, it's a pretty good day if you're looking at and this is what I was talking about yesterday I I didn't know where we were going. I didn't know if we're gonna fall, you know precipitously if we're gonna Or bounce back. I didn't really think we're gonna bounce back honestly But again, I always have my order set up on Voyager and they they go off without a hitch There is no emotion involved. It's just investing and I buy the same damn things all the time And uh, I talk about you know, it's bitcoin ethereum chain link cardano Algo, I also gala and uh, I probably forgot a couple But it's like every single day it just goes off I don't to think about it and I'm glad it actually I set it up that way because It's tough to go back in there and go. I really want to buy this to our link because I want to wait But Over time it works out. So that's what we have as far as the market and I want to just really just dive into what happened Yesterday with the market itself. Just so you know Uh, this is what happened as far as like liquidations for shorts and longs And if we take a look over here see this 24 hour rect That's how much was lost For leverage plays longs versus shorts and all that stuff So about half a billion, which is not too bad. Honestly, I mean we've had more But it was quite a day and a lot of people got wiped out And if we take a look at this is my favorite chart total liquidations I'm not for leveraged Traders, I just not because I think it's just uh caused a lot of volatility But you know, you can't avoid one glaring fact see these reds right here These are all the shorts those who gets liquidated in the shorts, but see even on the green I'm gonna get us out of here You can see that people who go along Get liquidated a heck of a lot more than the people who go short and even yesterday It was as you know, it was about 50 50 split roughly, but still long still got liquidated more than shorts So if you're over there, you're like, well, you know, uh, I always say, hey If you're going to deliver trading, you know, know what you're doing A lot of people will tell me, hey, you know what I do and I've been shorting this like crazy And I'm making a ton of money works out for you works out for you. That's fine But uh, it's not my play and uh on this channel It's investment opinion not investment advice and do whatever you want to do But I can tell you right now as time goes on I don't think the shorts are going to keep making it like they have in the past Just my opinion and also, uh, yesterday was a concerning day because we always have this narrative About how bitcoin is gold 2.0 and gold, you know And I'm gonna I'm preface it with this I own gold I own silver and I own bitcoin I just own a lot more bitcoin than I do gold and silver But to me gold is not going to make me rich Gold is there is like A wealth preservation type of thing, but it was concerning yesterday because We saw it. Let me blow this out This was yesterday and the price of gold went up pretty high I mean for what it was let's just take a look at three months I mean not back here, but you can see it was like at a low of $1,800 and all of a sudden before there was like a big peak of almost $2,000 and the and then the question became well If gold is I mean if if bitcoin's supposed to be gold 2.0, why did drop 12 percent? Well, I think people got scared and uh, when you get scared you make some decisions You're like, well, I'm gonna go into gold and nothing wrong with that. I don't care what you do I just don't understand why the gold bugs can't uh come here at least halfway and go Well, you know, I can own gold and I can go bitcoin I just don't understand the mentality of why not get into both of them But anyhow, uh, so what happened was we had a big huge jump up I think the narrative hit which was you know wealth preservation and the world's gonna go end and mad max thunder dome blah blah blah But then I think people came to their senses and they're like, well Is gold really gonna do that for me? And it kind of dropped a little bit and not to say that hey, it's still gone up Still done pretty well, but I will say this over 10 years Actually, let me let me go back five years In five years you could have gone from $1,200 all the way up to 2000 in 2020 and then 1900 if that's what that's your play that's your play, but that's not my play and I will just preface it with this This is why I'm always harping on dollar cost averaging. There is this website dca btc I linked in the description. You can prove it yourself. It's very simple and Statistically, this is how it goes. I'm just gonna use a hundred bucks for this example. Okay If we would repeat the perch just weekly Just weekly 100 bucks a week if we go for six months and if we came away for six months and we started six months ago We would have had a whopping four percent watch out I don't want to buy all the lambos at one time rob four percent. That's a boatload of money. I got you right But I want to show you something Over a year and a year 17 percent. All right. This is just bitcoin. I put 100 bucks in a week. That's not that's about that S&P 500 maybe a little less. All right. Well, let's go two years and go two years And now I have to take a look the percentage change not so much the the dollar amount Look at the percentage change 216 percent I mean, you would invest at 10,000 and you would have had 33,000 over two years. Okay. What if we did that for three years straight? Now we're looking at something we would invest at 15,000 would add 74,000 percent change 375 What if we don't for four years? Okay, 512 percent now. Let's go. Let's just go like six years something crazy if we don't know for six years straight We would have put in 31,000 of a hundred bucks every week and we had a 754,000 or a percentage change of 2,300 percent Now I want to show you something There is this compared to other assets part here. Let's click yes and what I want to do Same thing here. We can compare ourselves against gold Well, if you're looking at gold the percentage change over six years You would have not 23% with bitcoin 2300 percent and you're welcome to play around with this as much as possible Share it with your friends and family But that's why like when I talk about dollar cost averaging. I feel like That's one of those superpowers that you can really get into and it kind of changes a lot of things And also people will also ask me but rob. What about saving money? You can save money That's I mean, that's what my grandparents told me. But here's a little thing This was from uh, carl Mingris is pretty funny actually. He said just saw a bank commercial promoting parents setting up a savings account for their baby Bank savings rate is currently point zero one percent So if that family puts in 10 grand the kid will have made 30 bucks when he's 30 years old Enjoy your free lollipop In 2052 and that's really what it comes down to. So again, uh, this is investment opinion I mean, this is what I'm doing. You don't have to do any of this stuff You can go to the bank and put it in point zero one percent if you want to I mean lollipops are great But that's what's going on So that's what we have here for the news and everything else just want to go over that But let's just talk about real quick about focusing on what you can control And then some real news and talk a little bit about investing So what I found on the lane, excuse me the mainstream media It doesn't matter So I don't know if they report on this stuff So I'm just bringing this to you twitter is a really great place to find some news now There's some false news You will see a bunch of images that are from games and not from Ukraine But this is just something that I've picked up There is an anti-war protests in russia And then this was also people watching through central Moscow It's a no to war. So it's not like everybody wants to go to war I think the people that want to go to war are the war mongers and of course the people that are in control because of power And also I want to make mention of this as far as like investing Let me make this very very clear before I even talk about this I said this in the beginning, but I need to make it clear because I don't want To be misunderstood. It's awful. What happens war is awful. There's nothing the good never comes out of war Except for of course the war machine makes a boatload of money So when I say about this, can you control what's happening in Ukraine? No Can you go over there? Even if you're in the United States, can you go and fight for Ukraine? No, you can't US will send troops uh to the to help out nato But they're not specifically going to send in troops into Ukraine Can you do pretty much anything? Well, you can donate and we'll get to that in a second But I need you to focus on the things that you can control I know just like me you probably have consumed a boatload of news. So it's time to denoise some things So let's take a look real quick. Okay, so just so you know We can control our own finances. We control the things that are around us. Why is that good? Well, if we can control our finances and we can make Uh a little bit profits. What can we do?  Well, maybe if you could donate some things So if you can do those things and take care of your family and also take care of people around you Probably works out pretty well and also you can probably even donate to Ukraine if you want to do that type of thing So look at this. This was from diddy from the bitcoin family. He actually put this out and he talks about uh this is Buying the invasion Let me see if I can blow this up Look at this the gulf of tonkin incident for vietnam war, you know, which Depending the stage. All right. So buying the invasion here.   We go the crimean crisis Went down and then went up and I think we can kind of see those same same things kind of happening here with bitcoin Kind of goes down then comes back up s and p 500 nasdaq. I I expect to rebound today I expected yesterday would be awful. I expect to rebound today. It could be wrong but uh, you know, that's that's wherever we're at so Just remember these things as far as like when you're looking at the big picture and controlling the things that you can Understand the things that you can't and the wisdom of the difference between the two which leads me to my next point Donations So i'm not going to harp on you on donations I want to tell you that this is great that people are donating But you have to understand that there are a lot of things out there that even though you give money It made it go to the right places and also I think there's a bigger issue coming up I'll get to that in a second. So just real quick. This was yesterday Thursday bitcoin donations to the ukraine military are soaring as Russia invades So this is actually my next point. I should say Finding the way around sanctions and the flip side Before I talk about this it's because there's been a narrative out there that crypto is bad because it now allows Putin and china everybody else to get around us sanctions because you know We're talking about taking them off the swift system Which is the ability to transfer money around the world in the banking sense Which is just really a messaging service. It's awful and it's their archaic, but it still is what they use So the problem is they're like well if they get into crypto then they can just bypass sanction Then just awful hold on so it leads me to the flip side of that story Which is you can also move money around Very fast and very quick and get into the hands of people who actually need it right now And pay almost no fees. So this is data from blockchain analytics firm elliptic It shows it over a 12-hour window. There is a nearly 400,000 in bitcoin was donated to come back alive A ukrainian non-governmental organization providing support to the armed forces. There's a link to this article I'm sure they give a link to the ukrainian on the organization You can donate that if you want to but also take a look at this one hour ago, this was uh Well, this was yesterday February 20 February 25th one hour ago someone donated 80 bitcoin Which at that point was worth 3 million I might add in one transaction to a charity organization Supporting the ukrainian military. How would they get that there if it was just banks pretty tough to transfer 3 million dollars? Not for bitcoin and also like to make mention of this. This was 3 million dollars yesterday because that nice fat bounce Uh, this was The transaction hash you can find in some black chair or anything like that Uh, just follow me on twitter that news asset and you can find that tweet You can click on the actual transaction hash and this is what will come up. I want you to notice something first of all The amount now was 4.2 million And that's what how much is going through. Let me see something 80 bitcoin so first was 80 bitcoin now It's 111 bitcoin, but of course one of 10 percent because of course 2 percent great But I want you to notice something here this transaction fee was 14 cents So I don't know how many transactions it was all this was yeah, that's nothing So just remember that when we're talking about these things and and we're saying ah, you know I want to give money. You can give money. Here's a good way to do it I will preface it with with this. I don't know those organizations and in the past I've given pretty blindly to different charities Do you on research on these ones because sometimes the money that you donate doesn't go to the people or the things that you think it is and uh, so you have to be careful about what you actually give away and also Um, if you give money now, I think there's going to be a bigger crisis coming on the road as far as uh, The displacement of different refugees, which they will become refugees and the people that are out there And I think that's where the big money is going to come to and also if the sanctions do Come through with russia. I think there's going to be a lot more Humanitarian effort that's going to be needed going down the road because this has repercussions that'll ripple out uh things that If you're looking at three four five d chess, we don't even know yet. So that is what's going on anyhow Let me just think about that in the comment section. Let's move on to our next piece. This was interesting A mining pool shuts down russians and we're going to talk about kazakhstan and a big energy issue. So here's um, what we have here This was a coin desk. Let me blow this up Ethereum mining pool flex pool halts all services to russia in wake of ukraine invasion So i'm going to get to the point of we're Even if they do that they can't shut them shut those down. I'll get to that in a second So flex pool is the world's fifth largest Ethereum mining pool it uh became possibly the first of its kind to cut services to russian users Following the country's invasion of ukraine. So some people will say well, why do they do that? That's not the people of russia Wanted the invasion you just saw what I showed you there's people actually going against this war. So why do it? That's the question We generally do not get involved in politic and politics despite our personal views as a company Uh, flex pool sport sports and said however, this is greater than politics greater than anyone. This is a war that may end the world Potentially world war three. I think it's going to be more of a a cold war but uh, hey I've been wrong before It certainly has ended the lives of many innocent people in eastern europe The pool doesn't want to profit off the crisis or funded indirectly So is cancelling all services the russian ip addresses and paying outstanding balances to effective users And they apologize to the russian miners Hive on the second largest pool posted a message of solidarity But uh, they didn't announce any type of action just like flex pool did however. It is pointed out that uh Miners can still use efficient vpns to bypass Flex pools restrictions. So here's the thing First of all, this is the company flex pool.io. You can start mining There's two ways. I think you can do it one is you can rent the miners So they probably shut that down that makes sense, right? But also if you're a miner you can just point If you're in a theory of mine or any miner as I understand it, I don't mind I talked to a friend of mine brian today and he said yeah, you can just point it anywhere you want to right So if you got a mining rig, you're like, well, I could point it to flex pool or I could point at any other pool That's the whole point and I can do it that way. So flex pool. That's how it is So the question then is well, what if all the different mining operations says no, we're not going to take any russian miners Well, you still could use a vpn I suppose and of course if you're doing any kind of rental they can shut that down So the question then becomes well, why punish the russian people instead of the russian government? And that is a lofty question and I can see both sides of it. They're like, well If we don't take action then it'll hurt Ukraine But in all honesty, it just hurts the russian people the russian people are going to be hurt Severely, I think by these sanctions people they can say no, it's not going to happen this I think it's going to I think it's going to be Not catastrophic, but I think Even with the amount of energy and the barrels produced from russia to actually get out and then the sanctions that us says Hey, we're not going to take any of your imports. We're not going to export to you We're also want the the eu and made it to actually come across this That's the whole point of germany getting on board and saying we we're not going to buy Energy products from russia I think this is going to be pretty bad So in all in all honesty, it also comes down to this and this was the the last part here If they can do that if these Mining pools can do that. How is that? What does that do for crypto mining that is being taken place in russia? because russia's big thing right now is They are a hellacious producer of Oil and that's where germany gets a lot of its electric power I think it's that and also think of natural gas and there's something else correct me in the comment section and I also took a look at Oh, let me just read this first Russia's home to 12 of bitcoin's global mining hash rate with over 5 billion worth of crypto transactions Conducted every year and how do they how do those miners do that? Well, it's because It's cheap electricity right now The biggest attraction for such progression is cheap energy mainly electricity Global petrol prices data show that the price of electricity in russia was 0.05 per kilowatt hour for household and 0.08 for businesses So, you know as a miner your job is to find the most efficient place the the lowest electricity costs and here's the problem If we put sanctions on russia And we say we're not going to take any of your imports Even if that's oil well, now they got to find other places and it could they could go right to china china like sure We'll take it all. Yep. I'm not here to debate that part The thing that was interesting to me was here is a list of all the oil production per day Based on 2020 numbers. I couldn't find 2021 But I was kind of surprised. I didn't know us produced so much oil per day 11.3 million I think it's because we have different areas that we will not drill into because they're sanctuaries But maybe that might change. I don't know Russia's number two. Saudi Arabia is number three 9.2 9.2 million barrels per day. Yeah, canada iraq china united arbor and and so on and so forth so that's what we have right there and First of all can everybody still see me because I think I just lost power maybe Let's see. I know it's a little bit of delay So let me make sure that I'm actually up and running because I don't think I am I don't think I don't know how I could be actually Okay well Look That is Let me see something real quick You got a lot of Puerto Rico Huh, I am still Sorry about that Sorry a little bit of delay. Okay, so Now to get into the train of thought the thing is I just the question that I have right now is this If we're going through this problem right now with with electricity and things like that What's that going to mean down the road? I think that could be again It's all about what you can control you can't control the things you crane if you want to donate to them That's great. Go right ahead, but focus on the things that you actually can control and go from there. All right So that's it. Glad we actually wrapped it up at the right time. That's what we have for today As a quick reminder We will be doing the Missed it Well, let me just let me start. Let me say this real quick. Kazakhstan is thinking about moving 30 of their equipment out of Miners out of Kazakhstan and just so you know, it's all about again electricity and wattage per hour, so I pull up this map Because there's always this these little talks about like people only know where the hell kazakhstan is I was like, that's a good point actually. So I'm just going to show you. It's right here Kazakhstan right there Then there's Ukraine. There is Moscow Lithuania Latvia Estonia Belarus and there's Russia. Okay, so now everybody knows where these places are great The thing is is Kazakhstan used to be part of Russia now. It's not it's a republic just like Russia is But see how close it is to the border. I just curious to see what's going to happen Because Belarus all those tanks rolled through Belarus and right to Ukraine didn't seem like it was a big issue So now I'm just wondering like if you were a miner would you want to keep Your miners in Kazakhstan? I got a great place for you. It's called Texas and we got a boatload of wind and solar and gas and uh, if it really Disturbs you we can tackle that esg problem with again wind and solar So if you don't like Kazakhstan, you don't like the part the fact that there are going to be Putting up another tax for bitcoin miners. I got a place for you and that's all I wanted to say Lastly, I will say this We will be having the dca show. It'll be today at 4 p.m 3 p.m eastern High noon pacific that's with me ben and james from vest answers. So check that out And that concludes today's news man that with way too long I'm sorry a lot of things going on, but that's what we have So you like today's video give it a thumbs up if you don't give it a thumbs down But tell me why in the comments a why you didn't like it? Hopefully I can fix it next time and also consider subscribing. So that's it for the news Let's jump into five questions in five minutes and get the heck out of here a lot of things going on okay comments XRP so the somebody asked where can I get XRP XRP is on cucoin. That's right And also You're welcome High noon when it's ancient times. I'm old all people say stuff like that That's right man. Quebec has a lot of electricity. I think it's uh hydro So also in upstate new york can get a lot of hydroelectric power Rally think of the cl visa card. I don't know cl I'm just still waiting for my voyager debit card. Damn it. And uh, we'll go from there That's right jake. That's what's up. Oh, I don't want to talk about that Oh, that's a great question far as says dan question number one Did russia just bail out the federal reserve by giving them a fantastic reason to keep printing usd Messing allow us to inflate a way more debt. I gotta tell you It's a nice coincidence all these things going on right now If that was in a rock and a hard place It wasn't like the 80s when you had the federal reserve chair volker Or he said i'm gonna raise rates to 12 13 and you're gonna like it And he did that to avoid massive recession and he succeeded The problem is that we can't do that now because that would that would It would like be putting a enormous spike right through the Engine of the stock market and it would just shutter and stop so we can't do that But we can maybe raise it a quarter maybe half basis points and that's the most we can do So with this coming about with the war, it's amazing And now the feds like and there's been talk about them going, you know, we don't think we can raise it right now Maybe in the future, but you know what that's okay Because 35 of all the dollar bills that are out there have been printed in the last two and a half years So sure, but if you want to think that there's inflation isn't going on It'll keep going up until we can raise rates. That's what's true Uh, what's the island to live on guainabo question number two Question number three. Are you still long bullish on voyager? Yep. I am and uh I think we all know I don't know how many I think I've said it's like 20 times I screwed up on the price predictions on that one I call and one of the 29 cents that I was going to 30 bucks. That was in january 11th Watch the video it went from 29 cents to seven bucks, which wasn't bad, but it didn't make 30 But they kept screwing around with the loyalty program and it went from 22 and 22 million The max amount now it's over 300 million because the merger with lgo and the lgo damn it And then of course it just didn't work out as well as I thought it would but I've had Steve on the show many a time. I think he I know he wants to fix it I know he wants to make it better But for me, I'm just like what if you use voyager Why don't you just have at least void 500 voyager tokens because you get just a bump in everything You get a bump in the yield you get a bump in the uh for your Fees that you do for trading uh to actually reduce those you get the debit card for free All these different things for free And I was like why wouldn't people just get at least 500 tokens and it's not like it's pretty damn stable So it's like free money. I don't get it. I don't get a lot of things though I don't know what that question is that doesn't make any sense Okay Someone just said that uh, Elon musk is getting sued by the sec for insider trading. I don't know Love to see that because guess what well, I'd love to see that actually See what happens I mean mark cuban got sued in 2013 by the sec and he beat the s he beat them in the court case so Working you buy crypto in new york not many choices. I think coinbase and gemini pretty much that you're only You're only game in town And that's question number four Great show. Thanks okay Last question and us if you sell bitcoin, do you have to pay capital gains tax at 15 20 percent or income tax? I enjoy your present. Thanks, man. So it comes out of this um capital gains It's a difference between short term and long term short term If you sell it that means you've held it less than a year and that means that you are subject to whatever your federal rate is that you um File your tax center. So if you make a lot of money, you might be in like that 35 37 percent tax rate or maybe even 40 percent Depending if you don't make too much. You might be in 23 27 percent So that would be the that would just fall on the short term capital gains Now if you keep things more than a year, that's long term capital gains And it's usually around 20 point something. It's like 21 percent. That's the long term capital gains But that's federal You also imagine or remember that in every state they also have additional taxes in texas. It is zero I believe florida.  So I don't know why anybody would want to live in california That's the wackiest state. I've ever dealt with and that's it. So look, uh, 32 minutes, man I didn't hit my goals, but there's a lot of information. So look that's it for today Uh, thanks for sticking with me for the q&a if you liked this video give it a thumbs up You can do the thumbs down. That's cool. Just tell me what I messed up on I'll try to fix it and consider subscribing you do this every day and that's all so I'll see you guys If you want to stop by for the dca that'll be on ben's channel and I'll put it out on twitter You can follow and then links in the description all the good stuff. So that's it Thanks. I appreciate it. See you on the next one. Bye


Do you believe in love at first sight? When you feel intense chemistry, you may believe you finally found the one. But is attraction enough for a meaningful relationship? For a couple to stand through the tests of time. A deeper connection is crucial. The connection called compatibility. Understanding the difference between the two can get confusing sometimes. So is it just chemistry but not compatibility? Here are some signs to help you figure it out. Number one, you can't imagine spending your life with them. You like cuddling with them and have fun when you go out to the movies.  If that's true, there's definitely chemistry between you. Now close your eyes and imagine them by your side forever. Do you feel something's wrong with that picture? Maybe you like to hang out with them but they're not serious enough for a long-term relationship or they pursue a completely opposite lifestyle. Whatever it is, you can ignore it for now but you know it would drive you crazy in the long run. They just don't seem right and you're probably right. If you can feel it even through all that chemistry, most likely you're just not compatible. Number two, you don't share the same values. At first attraction, you probably didn't talk about your values or opinions as much.  But sooner or later, the question of your beliefs will pop up and you might get surprised. When you're not truly compatible, you might have completely different opinions on topics of religion, politics, parenting style. While it's true that you can value others' opinions, even if you disagree, it can get difficult to date someone who doesn't share your values and beliefs. Having opposing views on major topics can impact your life together and make you prone to arguments and fights, even if they're extremely cute. Number three, your complete opposites. It is said that opposites attract. When it comes to relationships, you may be a naturally calm person which helps ground your naturally hot-headed partner or maybe you're very anxious, but your optimistic partner helps you calm that anxiety. But if you're complete opposites when it comes to your interests, ideas, and opinions, it may be difficult for you to enjoy each other's company.  Maybe you have some common interests, but if you're planning to stay together long-term, a few common interests may not be enough for you to have a fulfilling relationship. Number four, you're often bored of each other. How did you feel when you first met them? Did the excitement of seeing them again make you lose sleep?   And what about now? As time passed, you started spending more time together, but now you kind of feel bored. The initial excitement stopped being so intense. This often happens to couples that were blinded with chemistry, but are not actually compatible. You stop spending quality time together or even avoid one another. Unfortunately, it rarely gets better with time and sometimes the relationship ends because they find someone new, someone who makes them feel that excitement all over again. Number five, you have different goals for the future. What do you want out of your future? Do you want to get married and start a family?  Or maybe you want to move into a big city with lots of opportunities, but they would like to live in the countryside surrounded by animals. Having similar goals is pretty important for a long-term relationship. And I pretty mean absolutely. It's a touchstone for a compatible relationship. Having different views about the future is something that's definitely going to take a toll on you, no matter how much you like them at the moment. When your feelings are only led by chemistry and attraction without compatibility, it opens the door for lots of frustration and loneliness. Even if you're still not sure, you don't have to worry, time will tell and your heart will know what to do. The good news is, Psych2Goers, that it's completely possible for chemistry and compatibility to go hand in hand. When that happens, it's the start of a wonderful and fruitful relationship. So do you recognize any of these signs? If so, do you think this video helped you to identify them? Feel free to leave a comment down below with your thoughts, experiences, or suggestions. If you found this video helpful, be sure to hit the like button and share it with those wondering why it's just not working. Don't forget to subscribe to Psych2Go and hit the notification bell for more new videos. Thanks for watching.


Welcome everybody back to the independent investor channel here on a Friday evening. It is nine o'clock We kick this live stream off every single Friday We typically try not to miss because I think especially in times like this People are the most vulnerable And they are the most susceptible to the temptation that's going on right now I think the mass media would have you believe that we live in a completely different society Or a completely different country than we did just a couple years ago I think it would be interesting to cross compare the rhetoric that came through just a couple years ago Even as early as last year and compare it to what is being Dubbed right now as what seemingly is the end of the world And I think the importance of this product is to keep the long game in mind The importance of understanding what it truly takes to be a long-term investor and to win at this game My absolute favorite investor and one of the biggest influences that I've I've had in my life I'll share it with you now if you didn't want to hear it from, you know A lowly youtuber that you have no idea who I am This is a project to pay forward my unique experience with investing and It does have commonalities that people can relate to because I'm in no In no case anybody special. Okay. I'm not I'm not a financial planner I am an avid investor. I've been participating in financial markets for most of my life I've been through a ton of downturns. I have a ton of experience In actually experiencing financial markets and what they have to dole out But if you wanted a little bit of an understanding about Some of the principles that I teach along Especially how to separate from your money Peter Lynch is the best. There's no one close You can Google Peter Lynch or you can search it through YouTube. You can you can find all kinds of different? Understandings of how to do this game, right? Okay? There are an infinite amount of ways to approach the money game and do it wrong If you're gonna just be a feather in the wind It's gonna be very very difficult for you because when times are flush You're gonna be blown in all times of different types of different directions and when times are like this and seemingly the world is coming to an end Peter Lynch would calmly suggest that markets go up and they go down.  I have people come through the channel all the time and and start to Play on these emotions and I told you this exact exact thing would happen We will emerge from this. I think the latter portion of this year. We've had a couple of comparative periods In the past not many but we just went through the worst month since March of 2020 and for you guys remember That was the pandemic low so It doesn't get really any worse than this not to suggest that it can't continue to retrace to the downside But I think we are closer to the end than we are the beginning and and like I said and Nobody has really agreed with me on this, but I'm right technically and looking back On the charts to the beginning of 2021 is where the real roll-off for me started It rolled off on financial markets at the peak of the Dow at 36,000 700 something like that. I don't know what the comparable SMP mark was at the all-time high But here we are, you know a strong 18 19 months removed to that and it's just been exhaustive down draft since then and What it what does it really mean? Well, it means that the markets are getting cheaper perhaps maybe they've come off of levels that they shouldn't have been at I'm not sure You know at the times people were justifying the market valuations and and Contrary to those opinions then They're doing the complete opposite now. Everything is oversold. Everything is super cheap yada yada I really think you need to pick your moments very very carefully I think you need to deploy some discipline and strategy the most important thing about understanding Financial markets and more importantly succeeding at them is to have that mental edge Okay, don't be that feather in the wind. You've got to really understand why you do this thing And you have to adhere to the principles There's a few things right now that are kind of pathetic that you could deploy that may help you out a little bit Not looking at the portfolio. You guys know that I haven't done the portfolio review for a while It doesn't you know I think that there's an edge of perhaps maybe demeaning because I represent Somebody who doesn't come from money and is looking to carve out something which is the very very most difficult thing to do Look if I was given money, I could come on to YouTube and just profess that I'm an all-star That's far from the truth. I've earned every penny that I've had and I've earned to a hundred $5,000 mark now two or three times In in multiple accounts only to see those accounts digress and fall below that six-figure mark But from a total overall portfolio perspective, we're doing fine. I'm fighting right now to kind of understand how I can Inject some capital to two financial markets I'm always dollar cost average in the market and and and always stay in hungry And looking to pick my spots and and deploy at what I can when I can it's that simple the game doesn't change But the very fact of me and my ability to strategically look at markets and and and separate from What I think is a lot of emotion out there people are Getting crazy as they always do and and I find this to be Interesting, I guess we fall victim to the same old bad habits because money is just all too often too overwhelming of a Topic to watch deteriorate in value for a lot of people I just think a lot of people can't handle that and I think I if I was going to wish upon financial markets This one thing is that the learnings of the past can to be deployed to your future application what I mean by that is The markets are so predictably Predictable in way of basing our expected future Movements based on what we know has happened in downturns of past So is it safe to say that? Maybe it would feel good. I guess to just throw in the towel and sell everything I guess I I just think that a lot of people have Emotions running high right now so when you know suggestions like that are pushed through media and there's conversations right now That just make me want to fall off the couch A little bit. I only catch 10 minutes a day because I'm too cheap to buy CNBC But I do catch my 10 minute preview and I try to strategically gear it around the close of the market guys I'm busy all day. I'm absolutely firing away on all cylinders Really the stock market is the only thing that's holding me back right now Everything in life liberty and the pursuit of happiness for me is firing away And the only way that I'm going to be held back in this life is if the stock market Never materializes into something that 36 7 was it for the now I would will be the inevitable all-time high never to be returned to again We all know that the probability of that based on historical Observation and study is to understand that these things come in ebbs and flows These cycles in the market are completely normal Even in the face of you know, what's deemed to be high interest rates here in this environment We really need to take it into context and understand that the beginning of 2020 this decade has been absolutely horrendous, I mean it has been absolutely horrendous You could you could write a Billy Joel song just on the last two years on what's going on in the world What is currently going on in the world? Why people are you know Really picking allegiances of both even here domestically and globally tensions run high Do they need to yeah? Yeah, I don't I don't know I I attempt I tend to view the world from my own lens and I will never look upon the world as something other than Phenomenal because I meet phenomenal people every single day I'm one of those just go to work hard-working people That are looking to put some coin away, and I think there's a lot of people that can just relate to that message But boy oh boy, I don't know if it's just the I don't know I feel like I've got some sort of shining light in me I'm just a positive person so I guess what I see on mainstream media and with the Availability of information now so forthcoming You know you're always up to speed on what's going on geopolitically in the world You're always up to speed on Viewpoints from one perspective or another talking about you know Alliances in the world and what this could potentially mean You know what the current presidents doing and what past presidents do to be honest with you I don't put a whole lot of stock and either one of those two categories I guess the measure of my impact is when do those actually impact the bottom line And I think since the down draft has happened We've scrubbed fifty seven trillion dollars trillion dollars of wealth We've scrubbed three point three trillion dollars of wealth from the stock market just this month. Who's to blame? I don't know if you think that that's productive to play the blame game You're you're welcome to engage in your own thought. I'm not your father You know come on to the independent investor channel to have me tell you how to think is a matter of fact I would encourage you to operate along those independent lines of thinking but you know What what does it mean for us as individuals see that's what the project has always been about is seeking that individual power okay, and You might think okay Wow, and I have some people that are like wow, how's your highly on position doing? What's the percentage of the total overall portfolio? What's the portfolio doing? I? Haven't really paid a whole lot of attention to it I would presume that I'm down recessed in the in the portfolio positions right now But what really is the difference between five hundred thousand and four and a quarter a lot of people would say man Ryan you could have bought a Mercedes with that Yeah, yeah, I could have but I don't value that see that's the thing is up I were just to go out to buy a Mercedes Benz to drive on the freeway and scratch the bottom going over speed bumps and catch rock chips in the In the windshield and in my you know twenty five thousand dollar paint job. That's just not where I see value And and I wholeheartedly sit across from a YouTube audience and if you're taking away the goods The goods are such to understand that you can resonate with this idea that Peter Lynch comes forward with an Understanding that if you're going to participate in financial markets, you need to understand what you're signing up for have to Okay, and there are certain things you can do when we're observing an S&P that's off 25 percent right now For a lot of retail investors that have the ability to double up their position right now Absolutely do it if I wasn't restricted in my Roth IRA by contribution caps It would be something that I would be looking at doing right now double up your passive positions right here down 25% Is it going to go down 50% yet? I don't think so. I really don't think so I think I just think now with the sensitivity around information and I don't know perhaps maybe I've had a few people come and push some pop shots toward me over the last couple weeks. It's been interesting, right? my favorite people who seek me out to Somehow call into question what it is that I'm doing But they fail to even ask the right questions to really understand why I do what I do even though I fully explain it on my on my On my independent investor project and you know people can hit me up on Twitter. I'm over there pretty frequently You know following the highly on story as well as some of our patrons and the group that also follow the highly on story But aside from that if you truly had a question you would ask That's what normal people do if you were truly interested But I think a lot of people feel good about terror and other people down because that's what I represent I represent Somebody who did not finish college. Okay. I do. I'm not a degree holder Okay, I represent the hard-working people in this country and abroad. I represent People who go to work in opportunities less provided by The the ones that I'm provided with here in the US and are still looking to carve out something special in their life Those are the people I represent. I'm not interested in those people Who who fail to acknowledge that you know the very opportunities that are available to them They spend the majority of their time focused on other people and I cringe a little bit I I think it's I think it's crazy man. I I don't spend a whole lot of my time Looking at others. I don't spend a lot of my time Trying to tear others down. I don't spend a whole lot of my time if any Focused on those specific things. Why it's because and a lot of people if if if I was going to give you Really the goods and understanding where my focus was the majority of the time the focus is on me And I think people really do just need to kind of pay attention to their own business a lot of the times I I think a lot of people get it wrapped up on what the masses are doing what the glow what the Consensus is I hate that word, you know, what is what is what is the? Socially acceptable way to think I mean it's interesting when those influences come in to my head and if I could speak openly I certainly would but I'm restricted in in Pushing out my true feeling on the independent investors channel someday when I do retire you guys will Benefit from an unabated voice But for right now I have a governor over my voice and I have to deploy that governor most of the time and Letting you know my feelings on you know being very very certain on what gender I am at this particular juncture in my life But a lot of things have changed in society. That's for sure a lot of things have changed Not sure if they've changed for the better or for the worst not sure I think more positivity needs to be had I think a lot of people need to take ownership and stock over their own personal program. I think if they did that I think they would take those small steps and In in pursuing something so much better now Peter Lynch cuts right to the chase So you have to pay attention to the lessons of What you need I say it but what what is my voice carry as far as assistance that I'm rendering to people that You know may think that getting caught up in arms about the current stock market Situation is something to be emotional about I can sit here and tell you As calm as I can possibly tell you that it does absolutely no good. No good And I would take a step back and and suggest that people really do a self critical evaluation of how they're handling this current situation and when it does improve and inevitably my friends it will and I will take my finger off of the buy button which we are in right now I've been buying the step all the way through there has not been a month that has gone by over the last 19 months that I haven't dollar-cost average to this market in a fairly big capacity and for you guys that are interested I do I do at least $2,500 a year with no problem dollar a month excuse me a lot of my income 20% goes to the dollar-cost average man. I'm buying those stocks and my passive investments are holding right in there Highly honest taking a digression back. That's one holding and a fairly large position of my portfolio at about seven or eight percent That's gonna that's gonna hurt the portfolio, but for the passive aspects of the portfolio really just It really just speaks to the importance of understanding what I'm what I'm asking people to To take on And it's something that's not as scary as people think that it is and passive investing is something that I think a lot of people Feel that they cannot They cannot handle And and I'm here to suggest maybe even just you need to toughen up and if you need a little bit of tough love and Suggest that people need to stop coming up with excuses as to why they need to remain on the sidelines They'll look at markets like this and justify this all day. Well, see Ryan. I told you I told you so I've been telling you so for the last 10 years. You're right. You've been telling me I understand But see that's the thing is I don't tell you squat Why because if you had just listened to what I just said, I don't pay any attention to you All right, this is my give back for 60 minutes and you guys understand that on the channel I'm talking to CEOs or I'm doing my live stream.  Did I truly make an impact or did I? Influence people in a way that probably Shifted people to the left when they should have been looking to go to the right and in in all in all fairness And I heard I hold people personally responsible for their own actions I don't expect that you come to the independent investor channel and this is probably a lot of the reason why a Lot of people don't relate with me because I do call into The necessity of personal initiative. I do You have to be the one to own your mistakes and you have to be the ones to own your successes when this market turns I'm gonna tip my hat to each and every one of you guys. There was somebody who came in I think it was cash use who said like-minded people Before they came in yeah, I agree with that There's there's something to be said about holding true on financial markets and and what what I was suggesting that the markets are maybe getting a little bit immune to Understanding that if we've been through this Numerous times over and over again downturn after downturn after downturn and every single one of those downturns render a recovery Well, don't you think that investors are kind of maybe? I don't know a little bit hip to the procedure and they're waiting for that opportunity that they have to either buy this opportunity for that Eventual turnaround that we all know is inevitable Eventually whether or not it happens this year next year or in five years If you're investing for the long term, you know that inevitable turn is gonna come because that exhausted selling cannot last forever Because you have an opportunistic investors that are on the sideline looking at this thing and going I don't know man Maybe it's time to kind of start taking a stab at some of these stocks They really haven't given me an opportunity at all look at the opportunity that you've had to buy Metta for example over the last five years Very very rare you would have had that pandemic drawdown, but if you took that out of the equation There's a lot of stocks right now that are providing some phenomenal phenomenal entry points I mean Eli Lilly looks really good here. I like Bristol Myers I always had recommended them at fifty six dollars to take a stab at I own every one of these stocks I don't typically this is sharing what I what I own You can't take this and and and go buy a bicycle and and go get yourself hit. Okay. This is not financial advice Okay I'm not I'm not even allowed to talk about Apple stock, but everybody out there knows that it exists Okay, part of the barriers that we're looking to draw down on on social media Is to not allow those institutions to control the dialogue? in its Exclusivity people need to be previ to this information and we need to talk about Financial wealth building and personal finance a little bit more common place and stop buying into all the manure That's pushed through social media and mainstream media to have you believe that there is no hope And that is exactly the corner of the independent investor channel through social media that we're looking to Share with people to inspire people in understanding that from year to year Things are gonna seem really good and in other years. It's gonna seem really really bad But in all reality if you just take a breath The same breath has taken last year that you just took this year and it will be in forthcoming years And nothing changes with you except for your mindset and Attitude and the demeanor by which you go into specific investments guys Appreciate each and every one of you guys being with me on this Friday. I'll be back with you in just a moment Means an awful lot to me these These subscribers to the message that have been with me for quite some time and investing with Aaron Has been with me a long long time Kind of a different channel on my on my gig I don't know if the idea behind YouTube is just to come on and just sit back and just watch in awe and be entertained I think you'd be damn bored if you came into my channel and expected that type of entertainment value out of me because I'm not an entertainer and I have An extreme amount of dry humor flowing through my body because in the back of my mind life to me is kind of funny Like I look at how certain people act and I look at how a lot of people are really really stressed out all the time And I you know what people would aspire to do, but don't necessarily have the courage to do You know, I just finished up this week. I was in the gym again at 515 every single morning Man 515 I get up at 445. I was in the gym. How many of you guys were in the gym every single day this week Well, the stock market was really bad Ryan. So no, I was not in the gym I failed to find the correlation as a matter of fact if you took out a Page out of my playbook. You could probably understand that there's a deeper meaning To understanding what it is that I do and why I do it, but investing with Aaron Offers here. I've been continuing to DCA the same amount every two weeks. That's a pretty aggressive schedule You know schools of thought would put you in a month and you won't miss that you really won't It's like putting on your seat belt to be honest with you, right? And that's what a lot of investors need to buy into this attitude of parlaying surplus capital from their paycheck or inflow or whatever your source Of income is that's why a job is kind of in kind of an important thing. I don't know so you can kind of Expect that there's going to be some Anticipated inflows into your household. I I don't know. I'm sorry for all you people who just want to retire at 22 years old I apologize. I'm 45. I'm not retired I don't want to I probably never will guys like me don't retire But for the last five years, right? So in fact, I'm buying extra in stock the last couple of weeks I think that's prudent. I think There's some interesting plays right now. There's some really interesting plays in the growth category And I would draw your attention to a couple of names that really look interesting Palantir is one that really was nice It had a huge huge drawdown this week and Palantir was one of the lone winners in the market Too too good of a company to be just drawn down this big and the second I would look at here in the in the growth category I don't put these into the speculative growth category because both of them are making money and over fist Is SoFi Bank? Okay, SoFi is an established Financial financial services provider Actual Chartered Bank and now Got about 2,500 employees. They're big They're doing some cutting-edge stuff and it's really banking reimagined. I like where they're moving They're kind of on the front of the wave moving away from More of the traditional banks where I would suggest that I don't know maybe Bank of America over the next 20 years Will probably fail in comparison to a SoFi that's looking to kind of revolutionize the industry a little bit but Palantir, SoFi As long as as as well as some of my other conviction picks but right now Looking in the ultra growth category. I'm talking to a lot of CEOs and they're saying the exact same thing All stocks right now no matter what they're doing are being thrown out It doesn't matter. So companies that are doing more this year than they did last year at lesser valuations now Stock prices have remained static or actually edged off a little bit. You're getting the exact same company stock Discounted now with an actual improvement to that to that actual company inject So just some insight on kind of what I'm looking at from the pulse of some of the CEOs The CEOs are frustrated as as as I am as an investor because as an investor I want to look at value and this is the very disconnect between financial markets and the Irrationality of the stock market. You can't look at what's going on right now and make sense of it Okay, it's not it's not meant to do that guys You imagine one entity called the stock market and the entire world is looking at that one entity And they're all trying to figure out how to how to beat it how to find an angle How to find that secret Blockchain key to unlock it or that mystery answer to it and in all reality the people that understand that the living beast that is the stock market cannot be understood in its Totality it can be enjoyed it can be Ridden it can be participated in but to understand it in so far as having the answers as to Know when it's gonna zig When it's time to zag or you know, it's time to invest, but maybe it's not It's a futile effort to try to think along those lines The question is do you want to become an investor or not? And and Peter Lynch really does speak to this idea that you really have to understand the game before you get involved with it Control your risk. I know there's people out there right now that are like dang I wasn't really sure if this was what I signed up for You know and people with larger portfolios to I know some folks in the group here I you know, I see Matt Matt's a good friend of mine, right? So Matt's got a larger portfolio How does a guy that has such a large portfolio look at this and say gosh, what did I miss?  I don't know. I could have just went out and bought that Lamborghini I don't know how comfortable they are Matt. I really don't but You know the idea and the thoughts come into your mind because there's nobody that's out there perfect And it makes you think gosh, what why didn't I see this coming and you go through this hole You know, why why didn't I sell at the top or boy if I just could have sold and sat on the sideline this whole time I would have been better off for it. Those are all really just those are tough thoughts But you know for a guy like Matt who's in a situation and I know he won't mind sharing He's in a different spot if he was 50 55 60 years old The game would have been different to start to wealth preserve some of that capital as you move toward later on in life But for Matt, it's completely different and there's a lot of young people that I'm gonna give you some hard love You'll weather this storm. That's just the right answer.  Yeah, you should have sold at the top Yeah, you should have seen it coming. Yeah, you should have seen peak inflation coming Yeah, you should have seen those mortgage rates bottoming at the beginning of this year. Yeah, yeah, yeah this and that now I I don't I don't think along those lines because it's easy to say now in retrospect But at the time we didn't have the luxury of retrospect We had what we knew at the time and we react accordingly and the tried and true rule of thumb as such to have us believe that by staying involved in markets No matter what is the is the best thing to do stay involved in markets Do what you can to kind of fund that volatility a little bit sometimes it seems like it's going to a vacuum But it is absolutely the right approach and it's hard to hear that stuff right now It's not hard for me to give that information because I know that there's if there's Multiple people out there and there are there are hundreds of people if I if I should even dare say a thousands of people Who catch my message I have to make sure that the words that are coming out of my mouth are Ones that can can fall on the majority of years that are willing to hear it And if they deployed that information, they'd be better for it Where there's rogues of social media influence out there where there's rogues of mainstream media influence out there that would have you believe That somehow the world is coming to an end. Is that really how you want to live your life and furthermore? Do you really want to invest like that? Investing strong feels good and in Financial markets you look at it and you're like, yeah, man. All right. I'm down. I was explaining at work I was like, yeah, I don't know. I'm down a Ferrari right now in the market, but again, it just kind of comes down to Realizing how futile that line of thinking is and how kind of unfair it is to yourself to engage in that line of thinking and you lose track of all of the buildup that you've had over so many years of having that opportunity to have that sizable net worth and Enough buffer to take the market into a downturn and be in the position for the next leg up Because that's where the money's made my friends the money's made In a capacity of a forward-thinking investor looking at it now.  You know, I want it to happen now That way when is that validation going to happen and looking at it in the acute You're probably never gonna have that optimal validation You know, you'll look at it at some point down the line and you'll be like wow Ryan This is great investing is great the markets bananas.  You could do so when you're up in positions Times like this is absolutely not the time you want to be liquidating You want to be doing the opposite of what everybody's doing right now? It's hard for me to really say that I say it tongue-in-cheek. It's hard for me to understand that there's people out there But still have not got the message and those are the people that I don't know what the solution is I don't know I can tell people until I'm blue in the face to remain tried and true on financial markets But I know first off that people are going to succumb to the pressure and and make an ill-fated Emotional decision and and and those are those are just unfortunate. We can't save everybody What we can do is give people that perspective to understand look man If you are truly separated from your money, then stop focusing on your money all the time That's really the key You know being in the gym every single morning Nothing in my day. I love my job and it goes really fast But nothing in my day goes faster than the hour and a half that I spend at the gym. I'm there at 5 15 I leave at 6 45. That's about right. That's an hour and a half, right? All right, nothing goes faster all of my repetitions down to my Reps and sets I know exactly what I can do per the minute to get every single maximum benefit out of my workout in the morning And I feel like championship. I do man. I feel Absolutely energized I'm feel I'm feeling Spiritually like I'm I'm very very strong makes me much more balanced. I can deal with anything at work Some people don't they they succumb to it. They're like And I'm very very just calm and monotone like yeah. Yeah Hold on a second to my bleeding. Nope. I'm not I'm good. I'm good Let's take this problem and we'll address it and we'll find a solution for it Okay, and if we can't find that solution now, let's work the problem until we inevitably find that solution down the line Okay, okay. That sounds good and I like talking to you. Hey, I like talking to you. It's like I appreciate you I like you talking to me too. I like being me. I like you therefore we can get along great All right, don't be angry next time. All right, let's just calm down and we'll deal with it Once we solve this problem, there will be a hundred more for us to solve down the line Okay, and we'll be better off together for it. All right solving them problems. All right What a surprise she says I've been in the gym all week That's an absolute powerhouse. I just speaks to one of those things that in life All right, and I learned this lesson a long long time ago in my younger year But it's a lesson that I've carried with me my entire life in life You have to control everything that you can possibly control because life will do the rest in other words Nature right we just had a bad storm ripped through Florida this week and my Condolences because it was a really bad deal down there. A lot of people lost a lot of stuff I was going out of the office today, but I got some Scuttlebutt when I got back into the office. It was it was pretty bad, right? It just speaks to my thing where you can have things just dialed in you can have it under control And those are the things that you really take a lot of confidence in you know I mean those things that you're like, okay, I dominate this Financial can be that you know for Ashley It's like same as me right the exercise piece and you know Hopefully the diet piece and somewhat of what we have spiritually under control, right? It's important All right, but no matter how much control we have over those things you have to Anticipate that life is going to dole out those those rough cards those jokers those jokers are going to hit every now and then and The more control that you have over different aspects of your life the more prepared you are to deal with those Unexpected Injects and that's kind of what I the way I approach life I it's as if you're preparing for some somewhat of a battle now if those battles don't come It's kind of cool to prepare for the battle and then be You know Caught off guard by life when it when it actually gives you a little break, you know and says hey Ryan You're doing fine You know, here's a little bit of a little bit of a carrot at the end of the stick man Here's a little bit of that incentive that you've been working so hard for and that's pretty cool I think maybe When you do work so hard and having that control over those many aspects of your life profession Personal finance fitness dietary etc those types of things when you work so hard at those Maybe it's a good deterrent From those headwinds it can be a deterrent to the market It's a deterrent to the market for me and headwinds and people are talking about all this stuff and I'm like Who are the people that are hearing this like are you doing more damage? Nobody comes on to the television and says look Here's the thing.  That's gonna sound really elegant right now And it's gonna make you think that you need to dive headfirst into your prepper bunker But here's the truth of it Okay, listen up because this is gonna be the most Prudent thing that you hear from me after I go on about my rant about the prepper bunkers and you know The gas masks and all the stuff that you need to do MREs and and and all that stuff The the truth of the matter is all you need to do is hold true on financial markets That's the truth.  It's a new lesson in Stupidity in how they're trying to appeal to the masses when it comes right down to individual power and And the buffer that exists between that individual power those people that individually have control over the life men They can swap that stuff away like flies. It's great to see you. Thank you so much for coming into the group big shot out for men NYC There I appreciate to stop it in and actually make it a comment with 15 minutes to go on the live stream I appreciate that very cool But you understand what I'm talking about man. It can be kind of the best deterrent to those market injects and You know, I think it is relative I think a lot of people would look at what I'm going through maybe in my personal portfolio I share that and that's an idea of maybe what to expect look if you're expecting to be up into six figures of wealth and you know a quarter million dollars five hundred thousand dollars seven fifty in wealth Then if this bothers you right now because you've got twenty five thousand dollars invested, maybe you're down six seven eight thousand bucks You're gonna gain Perspective from this. Okay, and you need to ask yourself in accordance with Peter Lynch would charge you with understanding is Is this part of the game that you can understand? Well, yeah, I don't I don't know right it kind of sucks, you know because eight thousand bucks I mean, that's a crazy good vacation, you know, and You need to do a little bit more conditioning And if you need to dial back and scale the portfolio in such a way that maybe take some risk off the table Maybe the very fact of the matter is your portfolio does not reflect you as an investor right and When when when we talk about Portfolio building out there Building the portfolio from a defensive perspective is in any new investors best interest because even new investors Trust me the ones most of them that I speak to they don't understand their own risk tolerance. They don't and When you succumb your portfolio to this type of volatility, that's the very aspect of the learnings that go on In in understanding what it is that you can take on and what you can understand the rest can be buffered in cash You know, I still have a very robust cash position and I'm trying to segue about To how 10 to 15,000 right now, maybe it may be upwards of 20 But probably around the 15,000 mark into the market right here at a strategic by 25% off here on the S&P 500 I think it's phenomenal phenomenal timing I think a lot of the dividend names a lot of good names have really rolled off at Costco at home depot is a fantastic entry right now Costco is one of my conviction buys right now Costco is just a phenomenal business You know a health care continues to outperform because it's just not tied to the whims of the market Health care right now is my outperformer in a sector right now Technology just started to roll off. Obviously Apple is now down 20% off of the year You could probably pick up about well, I think it's going to 120 I don't think that it's going to be immune to this roll off because I say I think Apple still trades at a very premium Valuation at 23 times. I think I would look at at Apple coming in If you could get it as low as 16, that would be lovely, but I don't think you will I think 18 19 is more realistic to get a good Entry in what I consider to be the most premium company out there in technology You know, I I'm a big fan of Google.  It's being driven down right now by the headwinds that exist and Some of the controversy that always seems to crop up every couple of years with Facebook and with meta and You know their initiatives with You know with the metaverse and what they're doing with augmented reality is exciting stuff and They've got plenty of cash plenty of cash flow You know the systemic risks. I do acknowledge. I really do. I think young people are just not on Facebook I don't believe they are I believe they're and they're on tick tock. It's just that simple and You can believe it or not. I think Instagram is a valuable property But you know, if you were gonna buy, you know meta 250 here at 140 is really kind of silly I never thought we would have seen these levels last time we saw these levels was pandemic low and The last worst month that we had was March of 2020 and that was boy A very memorable time for me when I looked at the market and I was like, yeah, this is horrible Market volatility drove the market all the way down to about 18,000 on the down I don't think we'll come close to that, but yeah inflation rates are sky-high like we need to see real estate roll off pretty well You know the real estate the real estate Market the realtors out there doing their very best to continue to milk and Those people that are buying houses right now.  It makes sense for you but for you guys that Run the risk of entering into five six hundred thousand to see it go back go back down to realistic levels four four fifty four and a quarter Yeah, all are crazy Just I mean be be be willing to sit on a on a six-figure vacuum Of equity if that's what you're willing to do, but I'm not wishing ill will on anybody, but The real estate market was really bananas. I think that's the biggest headwind Outside of of our national debt, which I've talked about through the life of the channel I think that right there is the best biggest systemic risk to the market and it's one that I like it is Indefensible it really isn't can we carry a debt as as a strong country like we are? Yes. Yes, we can but I Think the deeper that we dig this hole the more of a concern that it could possibly be and it's a lot of the reason why I typically don't at least for me Go all in on passive. I don't go all in on on on dividend stocks. I don't go all in on growth I'm really looking to exploit across the board and that really does kind of justify my Small introduction in into cryptocurrency at this point to try to diversify the assets The only asset that I cannot justify Right now is in the commodity space. It's the only thing that I I just have no desire to own I I have a little bit If I had the things that I know is necessary to safeguard those those commodities Golden silver in hard currency, but I just don't have I don't have the bandwidth. I don't have the ability I don't have the location I'm in a very very hot area here in New York City, so I I'd rather not bring attention to myself Outside of my t-shirt wearing agenda with my bare feet on my Friday live stream I'd like everybody to just to presume that I'm a very boring simple fella And not understand the truth that in the back. I'm kind of complex and I'm always thinking about those things but it speaks to my insistence on a diversified portfolio, but guys if you want to leave some Comments man. I'll get to it.  It'd be nice to close this down the invite I just dropped in the comments section man. So if you want to kick on and say hello Give me your insights. Let me know I'm off my rocker But you know for me to come on sometimes I come on and I'm I'm emotional. I have fun with that stuff I do This demeanor is more along the lines of how I typically am and in my day-to-day application and If you guys want me to come on and get all fired up about the stock market being down or up or this and that I'm sorry to disappoint you, but I'm just not gonna do that. Okay? I will and em and always will be invested in the stock market. It's that simple so if I choose to digress and Deploy kind of a pathetic strategy and that's to not look at my portfolio every day Because what's it going to do? It's going to make me happy that it's down every day I'm on at our markets, but to look at the portfolio every single day. It's feudal.  I like every company that I own. I'm not doing anything with it I've strategically positioned in accordance with who and what I want to be as an investor. I'm good to go So I just don't do that. I focus on other things, but that's cool stuff and I get garen in the house Shout out to you man. Great stuff. I just joined you believe what we seen is Fair since the entire macro has changed since the bull run Started in 2009 very insightful You know, it's funny man because I I was always very critical when I took on YouTube. Thanks for leaving your comment I was caught. I was I was very very critical of those investors out there that had less than 10 years of experience because Even folks and I don't name names anymore. I'm not going to do that on my channel I'm just not you know exactly who I'm talking about a lot of people built up a hell of a large following By getting people hyped up about the stock market in in in buying into this idea that the stock market goes up all the time And you can just buy whatever doesn't matter What people are finding out right now is that ultra growth and even the fang stocks Remember the fang craze three years ago. You had people pouring into those stocks pouring into them. Okay For all the wrong reasons Did not fit in portfolios thought that because they entered into them. They had just traditionally gone up all the time So therefore they're going to continue to go up and therefore I should buy the stock But to your point about the bull market, you're absolutely right. It was a great run. I'm not going to suggest that it's It's not going to continue on an upward trend over the next 20 years. I just think that technology I Think that the trend the energy revolution is is a big I think that You know the power struggle for Certain commodities very specific commodities Non-precious metal commodities to be specific. I think EV is very very real. However, you shake it I think it's going to be fascinating to monitor who those winners and losers will be I think add And and online search and and marketing is going to continue to dominate That's why I'm so bullish on Google and Facebook and meta Systems for you guys over the next five to ten years. I think it's a fascinating world I think as the population ages, I think the need for health care is never going to be so prevalent Going into the next decade and even the follow-on decade. I think it's an exciting time in history So I think with everything that's exciting right now We have some very very unfortunate geopolitical things going on right now no matter how you spin it There are some terrible things going on where I could remember, you know Natural disasters happening far and few between it seems like now every couple months We have a new natural disaster and a major storm comes through and just rips through the country and destroys You know a major swath of our neighborhoods and I I don't I don't know I I don't know what's going to get people's attention to take some real initiative Toward change I'm much more amenable to change than I am accepting where we are currently because if I look at where we are currently I'm less accepted of the status quo Then where we could inevitably be and that has a lot to do with technology and how it's emerged Storage of data, etc. Those types of things I'm intrigued that maybe some of the corralling initiatives of personal data That's why some of my initiatives over the last couple years have involved have been involved on that front And that's you know trying to bring some awareness on some of those companies that are are bringing true personal Information securing back to what has been the Wild West on the internet giving away Personal data and information only to be mined and sold back to us over the last You know emergence of the the internet age over the last 15 years I mean, let's be real the beginning of the 2000s has been nothing short of in one word technology And the emergence of said technology it's been fantastic So it's really no surprise to me that aside from you know the dot-com bubble entering into this century The mortgage-backed security crisis and brexit thrown into the middle of that that you know with the pandemic in 2019-2020 Aside from that it's been pretty smooth sailing in financial markets, but you know the real overtone of that has been the Arbitrarily low interest rates. I think inevitably these interest rates are going to actually be healthy for financial markets You guys think I'm crazy, but the cost of capital should not be zero Okay It will absolutely in grain strength and financial markets by understanding that our financial systems have to They have to have a cost of capital there has to be you can't just achieve free capital For no reason and over the last 10 years. It's been arbitrarily low and It's given people a phenomenal entry into real estate So those folks that are sitting on that 2% or around have probably made the investment of a lifetime you want to make sure and sit on those things but You know, I'm a I'm a bull into the future.  Okay, you might be a great financial planner You might be a really terrible one, but your industry as a whole is not Transparent with people.  Don't don't start picking away with me and start to try to validate an industry to me that I've been so staunch on challenging over the life of the channel and that's really what the channel is about is Sharing an idea that you do not have to succumb to those services I think they came on and they checked out a video of mine and they saw my three bowl Pictures my bowl picture and my bowl statue and my two bull statues, which I'm very very they're cool They're just cool and I'm cool I'm a cool guy if you knew me you'd know that but to come on and take those pop shots at me man I've always welcomed those people on the live stream You know what I find very very interesting and ironic is where those people will entertain and They will use the opportunity provided only through social media to throw those pop shots through Because they know that they're not going to get popped in the face, right? They won't even come on and sit a distance from me in my studio and let me know and I would calmly sit there and listen to I'm rant on about how what I'm doing is so bad and what I'm doing is so Misleading and that somehow they should crawl to the services financial planners and succumb to their BS I just don't buy it. I believe in personal empowerment, and I think a lot of people out there are Waking up to this idea of taking control of your own money and a lot of people will do it just based on sheer principle They really will they'll do it based on the sheer idea that Putting your trust in somebody else is Inevitably going to cost you in the long run and that my friends I will leave you with as being an endearing truth No matter how bad it is in in markets right now Those people who are tied to the hip of the financial planners right now are meet not being provided any any level of strategic advantage And they are still being subjected to the fees that they're paying to the institution Independent investors not so much man. We rule our own roost We make our own calls. We own our own programs We take on all the risk and we take all the reward and that's the way it should be in its purest form And it's purest form. You don't need to share your money with others Okay, be a little bit cynical on this thing look after yourself Identify what it is that you can do with your own program to carve out your own path into the future I just think a lot of people when they look into the future man. They see a lot of confusion Guys like myself. I have just about as crystal clear of a path in Front of me and I look to share that with you guys every single week times might seem like they're not very good Right now, but when this thing turns when this thing turns the momentum that me personally I'm gonna feel and I hope a lot of you guys feel it as well is going to be magical It's gonna be special and you guys are gonna own every single benefit guys I appreciate you tuning in to the independent investor channel live stream. It is the fast to 60 minutes on YouTube We completed yet another episode. I appreciate your guys this time man. I'm a debt to you I'm appreciative of each and every one of you guys if you're new to the channel man I'd encourage you to subscribe to the message man. I'm not like anybody else on YouTube I'm completely different. Yeah, they all say that yeah, well, I truly mean it and you can tell through my My approach who I'm looking to speak to in my message who I'm looking to reach And what my message in its core entails when I'm looking to share my own personal journey and story With others so that they may take maybe a small piece or large piece and finding those commonalities on How we can actually seek this financial independence and actually realize it at some point in our life guys stay strong Stay positive and we'll catch you next week on the independent investor channel. Be well guys. We'll catch you next week