and we should be coming in. Awesome. Hi everyone, this is Chicho. Welcome to my channel and welcome to another live stream and another podcast of sorts. I'm just gonna put a little marker here, sound marker, because we are recording the sound through an external mic as well, because we will be uploading these to SoundCloud and today is May 6, 2020 and we're doing a live stream open discussion on investing in personal finance and we have done a few of these over the last couple of years talking to people regarding just everything regarding investing in personal finance and we do have a playlist on YouTube where we've uploaded a fair bit of content. We basically started this discussion off with a set of videos that I put out, recorded videos, edited videos where we talked about just money, risk tolerance, investing and automation, cryptocurrencies and whatnot. A lot of the metrics that are involved in investing in personal finance. Hello Ripper, how are you doing? Good evening, good evening and I'm gonna give my little introduction to these streams, just so people that are watching this either on Pichudon YouTube after the fact, after we go live or listening to this on SoundCloud because we will be uploading these audios to SoundCloud as well I believe. I am active on Patreon, that's where I share a lot of information and it's patreon.com backslash chichuohyco. If you want to follow this work, Patreon is a great place to be to support this work and to follow this work. I don't put anything behind paywall so you can just follow the work and see what we're uploading and if you like the discussion here, what we're doing, Patreon is a fantastic way to support this project. We are live streaming this on Twitch, Twitch.tv, chicholive, C-H-Y-C-H-O-L-I-V-E. I'm well brother, how are you? Hope all is well. Go on, fantastic Ripper. I really look forward to these live streams, these discussions that we do have and it's really nice when we, when it goes as planned, right? And so far we've been doing pretty good. I think we've only missed one scheduled event over the last two years, which is a pretty good, pretty good record. Knights of Old Comics, your intro should be the Pink Floyd song, obviously. The problem is copyrights, brother. Problem is copyrights. There's a lot of amazing music I'd like to share and I have in the past, but copyrights keep on dinging us and that's sort of related to personal finance and investing in economics and everything regarding our economy, right? Catholic tradition this, good evening, good evening. Oi, Graham, how's it going? Hey guys, everyone's rolling in. I guess notifications went out. So we are Twitch live streaming this on Twitch and if you want to support this project, subscribing, following on Twitch is a great way to support this project. I am announcing these live streams 30 minutes before we go live on Twitter, Gabs, Mind, VK, and aloe and all the links will be in the description of these videos and the audio on SoundCloud as well. Okay. And we are going to, most likely, when I start figuring it out, uploading these audios to SoundCloud. Any of the live streams that we do where we don't have any visuals involved, we're going to try to get on to SoundCloud, even more than that as well, possibly, right? And we will be uploading these live streams on YouTube and BitShoot, everything on BitShoot technical difficulties permitting and as much as we can on YouTube that is sensors permitting. And the next two streams we have after today will not be loaded on YouTube. They will be only available on BitShoot because it's a discussion about CV and YouTube is eliminating channels that are talking about the CV, COVID-19. Okay. And if you want to know what all this personal finance stuff is about, we did put out a video basically introducing personal finance and I'll provide the link for the chat. If you guys want to go, there's a playlist of personal finance on our YouTube channel. There's a lot of personal finance stuff uploaded to BitShoot as well. Okay. And there's an introduction, sort of disclaimer video that I put out early on just to let everyone know that this isn't really financial advice. This is my life experience that I'm sharing as much as I can to let you know what my perspective on things are. Okay. Aside from that, I'm going to catch up with chat and we're going to kick things off. Okay. I'm going to take down all these little notifications and all that jazz. Let's check it out. Dragons, how are you doing? Hey guys, Chico, have you heard of Russell Peters? Very funny man. Russell Peters, the name's familiar. But I can't put the picture face to it. Good evening, everyone. What's them certification? BBY, CPA, fiduciary. CPA is chartered PA accountant. I'm not sure BBY. I took a little bit of accounting and I got my Fi certificate from SAP and stuff, but acronyms are wacko. There could be a whole bunch of different things. You long on Bitcoin? Bitcoin? More of launch. I'm not, I don't do cryptos as an investment. I treat cryptos as currency, right? So I'm not holding on to cryptos or anything like this. I don't, that defeats the purpose of cryptos. So I can't say I'm long on crypto or short crypto. Crypto is crypto. Bitcoin is Bitcoin, right? Cheryl, how are you doing? Or Cherie, how are you doing? Hey, Chico, hi all. Hello, hello friends. Spider-Man, how's it going? Thank you very much for all the links. Chico, that's a fantastic mathematics percent, only missing one. Which one is that one? That's a fantastic mathematics percent, only missing one. I'm not sure what that refers to, Ripper. There have been reports of collection agencies freezing people. Yeah, for sure, dragons, I heard about that too, right? Right now, what's going on? Fascar, how are you doing? Welcome, welcome. Good evening. Good evening. I'll be lurking tonight. No worries, Spider-Man, lurk away. It should be fine. Sorry, I won't be around to help out. Much love, chat and Chico. Much love. VCI, Chico, how are you doing? How are you doing VC? This may be a naive question, but why is YouTube doing that? I didn't really understand the censorship COVID stuff. Graham, it's about control, period, right? It has nothing to do about ad revenue and all this jazz. It's gone past that now. Wall Street is past that now, right? You know, under the guise of shareholder value, they have become complete technocrats and totalitarian state where they don't want any other discussions and theories. There's a certain agenda that they are pushing. And a lot of the same people are on the same boards of most of the large companies. So they're in harmony together. There is no dialogue discourse allowed outside of the narrow, narrow pipeline that they have. Just Graham, just think about it as our education system, right? The education system is reduced down to a small little box that everybody, they're trying to fit everybody in and it's breaking, right? And that's what we're seeing right now in regards to the economy and censorship and platforms and disruptive animation and whatnot. Lonely Piggy, how are you doing sweet? Some late night, Chico. Late night, Chico. Good evening, Chico. Mike, how are you doing? Smith, I love it. Airman, dragons, Chico. What's your take on hoarding cash as opposed to a checking account? There have been reports of collection agencies freezing account. Yeah, dragons, you right now, right now, the corporations, the big boys, the governments, the institutions, they're all coming after money, right? I mean, here, I'll give you one example. Okay, Patreon just today announced that they're going to start collecting tax on for, I don't know, they said it's going to affect like 30% of 30 to 40% of their the people who are who are supporting content creators, right? So counties, states are not counties, but I guess states and in the US anyway, so states are coming after tax revenue, right? Because their coffers are empty. They're tapped out, right? They got bonds off the Yang Yang that are useless, right? They're, you know, they need to keep the bubble going. That's the reason why trillions of dollars went to Wall Street. 2008 and again now, right? So governments are out of money. They're going to increase taxes, right? Patreon just announced today they're going to start taxing people supporting content creators, right? They're going to run an algorithm through. Like for me, I'm thinking about changing the description of the tiers. So the algorithm, the automation doesn't nail people for taxes, right? I'll think about this a little bit longer and I might discuss it with the people on Patreon to see how they want to approach this thing, right?  A few months ago, eBay, while we were selling the comic books, if you remember, eBay introduced taxes for, I forget what it was, 15 states, 13 states, right? California, people that were buying comic books off me before that kicked in were paying, how much was it? 9%, 10% less in purchase price, right? As soon as that thing kicked in, they were paying 9%, 8%, 10%, whatever it was, more. Certain states were charging six and a half, some were charging seven, right? So states are coming after people's money. I do not recommend people to keep all their funds in banks. If you recall, laws have been passed to allow banks to seize people's assets, okay? In Europe it has, in the states it's a little bit funny, I don't think it's passed in Canada yet.  So you need to diversify. You need to diversify. There's a lot of things, a lot of places, a lot of industries, a lot of countries, a lot of states, they're going to go bankrupt. They're going to go bankrupt. They are already bankrupt. They're officially going to go bankrupt, and they're going to come after people, man, okay? Are you good at chess? Airman, I used to be better when I was younger, because I played a lot more. Smith, you heard about the Kong.cash crypto. They have physical bills you can trade in. No, I haven't heard about it, Smith. Hit enter, hit enter too soon up there. Sorry if this is more current events, but what's your opinion on the recent attempts of tenants trying to rent strike? I'm pro tenants, right? There are people that own property, that is investment is one person and the God like life savings in it. And I those people need to be protected as well, right? landlords. There's no doubt about it. Landlords need to be protected as well. They're part of us. They're part of our community. There are people that don't want to own property, right? They don't want to lock themselves in. So the only way they can live in a place is if they they have to rent. So landlords are something that's needed within our economic system. However, there's a serious problem that occurred in 2008. Because the 2008, it was real estate crash driven really, but it was just basically scams, right? But what happened after 2008 scam, you know, they call it the financial crisis. I don't like that word. You got to call it for what it is was plain, straight out theft until this bailouts to trillions of dollars that were announced because of the pandemic, right? Until now, that was the largest theft in human history, really. And back then, you know, I was writing blogs and stuff, I said, look, if we don't, if we allow this to happen, this bailouts to happen to give Wall Street money, the next one is going to be bigger than this one. And this one is bigger than the 2008. But what happened in 2008, Obama came in and they gave money, they brought Wall Street, they put it in administration, they gave all the money to Wall Street, right? So they bailed out hedge funds and all these finance people that are that are governing our economic system, right? Now, what these people did in cahoots with the banks, they formed companies that went on Wall Street that bought cheap property, cheap property, and they became the largest landlords in the United States and Canada as well, right? So there's funds on Wall Street that own like, tens of thousands of homes, right? And they don't care about them, right? So it really depends where you live, where your rent money is going. Is your rent money going to Wall Street? It's a funny thing, VC, right? But I agree, people need to take control of their own countries finances, you can't give it to the technical crats and the and hedge funds, they're gonna, they're gonna loot the country and they are, right? It's like 2001 Space Odyssey with the clavious space. Ripper, only missing one live session since being on Twitch. You have, you have to be around 100 live streams by now, right? Right? More than 100. Ripper. And to only miss one fantastic, fantastic. Dr. P, how are you doing? Blessings, blessing and anger. Thank you very much for the Twitch Prime sub that online purchase tax really blows in Seattle 10%. Yeah, I had some people to buy in Washington. I forget what it was. It was anywhere between 10 to 6 and a half, 6 and a half or 11% or something.  Oh, no, it's not that bad. Okay, awesome. I'm going to read these things. Full year of chitro streams, watch and anger. Have you is it 12 12 months now? So dragon, not one for personality calls. But if we can declare chitronius as a religion, hilarious, we'll get tax breaks, right? You know, religion to dodge taxes, we should do it. We'll follow Robert Anton Wilson's footsteps, right? The truth is for suckers, Johnny boy. Corporate bailouts are nothing but theft, simple as that, just like the bailouts that politicians want to give to airlines and crew cruises, and everybody else, right? Who was it? It was insane. The Harvard Harvard with a $40 billion endowment and stuff like this, one of the most stable, like, power hungry institutions in the United States, lined up to get money from the government. And there was so much backlash about it, they had to say, Okay, we're not going to take millions of dollars from the government as a bailout. What kind of a scam is this? Right? I have a house in another state I rent out, I couldn't sell since 2009. I still pay mortgage on that. So if renters go on strike, I'm like, Yeah, nights of old comic, I agree. There are landlords that are legitimately like, when you're making money as an individual, we've talked about this, we talked about this in our personal finance videos and whatnot, right? If you plan on being financially independent, right, to live your life as you wish, just by your salary coming in, you're dreaming. Okay, because based on our current economic system, if you want to become financially independent, you can't just rely on the salary you make, you have to make investments. And people make investments in different things. Buying a second property to rent out is a legit thing to do, right? Buying comic books is a legit thing to do. Buying collectibles is a legit thing to do. Buying art is a legit thing to do, right? Opening up a business is a legit thing to do. Buying things and refurbishing with selling them is a legit thing to do, right? Everybody has their own thing they need to do, right?  We're all in the same boat. The only people that aren't in the same boat as individual human beings is Wall Street and the like, okay? And obviously the politicians that have been paid out by Wall Street, they're basically representing Wall Street, right? Not representing the citizenry. So people have to really pay attention to what, who they're hurting with their actions, right? Because we're all allies, okay? I'm just gonna scroll chat kicked me up again. Which is unfortunate. There we go. Laugh a lot. You have pro you have property that's something at least anti cage. The odds are nights of old comic doesn't own that property. His name is on that property, but bank owns that property. And when nights of old comic, if he can't pay rent for three months, the bank takes that away. And that's one of the scams they pulled in 2008. Right? They came in and the financial advisors told people not to pay and stuff like this and the robo signing stuff with Bank of America, the demolishing homes and stuff, banks and cahoots with Wall Street, they created all these reads, they bought tens of thousands of houses, right? It's not even thousands, tens of thousands apartments, homes and stuff like this, right? The banks own it. Most people that say they own how they own a home. Now that property values, the odds are going down if they haven't already. Right? Let's say you bought a property for a million dollars, right? Let's say you have $200,000 equity in that property. That means you owe $800,000 to the bank. When that property drops below $800,000, you got zero equity in that house. Nothing. The only thing you got in there is time, right? Now, what are you going to do if it drops below that? Are you going to be paying a mortgage more than what the property is worth in the hopes of it going up? People who bought at the peak of the housing market in the 1980s had to wait some of them had to wait 30 years to get their money back. Right? That's the fallacy people have when they get caught up in the real estate market. They assume that real estate prices always go up. Not true. Not true. Look at Detroit, right? Look at countless other cities and townships and towns and counties and provinces. Housing prices don't go one direction. Nothing goes one direction. Okay. Nice. Just started. U1F here in Ontario. We also have an online purchase tax as far as I know. People should pay taxes not business entities. People should pay taxes not business entities. I'm not sure what you mean, Gib. People should pay taxes not business entities. What does that mean? VC, I was trying to ask more, more asking if it's okay if people are evicted, if they lose their job and can't pay the rent for their apartment. I'm lucky because I have a pretty good job right now. But what if me and my roommate and the rest of our building lost our job? Here's a kicker VC. Right now, because of the pandemic thing, the government told people you can't go to work. So the government has to flip the bill for this, right? Because the government's telling people not to work, not to go out, to stay away from people, right? So government has to pick up the tab. But the government didn't pick up the tab. The government gave the money to Wall Street, right? So right now, it's a different situation. Okay. But if you're renting a place and you can't pay rent, you have to appreciate that the landlord has to pay the bank. They have a mortgage. If you don't pay your rent, and the landlord doesn't pay the mortgage, the bank comes, takes the house away from the landowner and kicks you out. So you lose, the landlord loses, the bank wins, right? So you have to consider the situation what's going on. There should be a tax cap for $30,000 in taxes per individual. So maximum, someone can should pay taxes is $30,000. Is that what you mean, Jib? Hey, man, Marmo. The man, I'm going to call you the man. Hey, the man, how are you doing? You're giving me the heebie jibbies. Am I brother? Man, you scare easy. You scare easy. That's all corporations. Trump made all that prove me wrong. I don't know what that is. Ripper Chichon, as Chichonians, we don't drink the Kool-Aid as those simple mind folk did in the in the 70s, but rather was as intelligent, calm and artistic followers of Chichon accepted the cure. Thanks, Ripper. We try, we try, man. I'm richer now since Trump became president. Are you? Are you on Wall Street? Are you a mercenary? I hope you're not one of the mercenaries that try to get into Venezuela.  The banks own Trump, the banks own Trump, right? The banks have, by the way, the banks have own Trump always. Okay, if you follow Trump in the 90s, he almost went bankrupt, you couldn't, you couldn't find a bank that would lend them money. He was begging, right?  If he, if he declared bankruptcy, they go down the toilet. So they got together and they bought his name and they said, Okay, you're our boy now. Right? And he is. He's just a puppet. He owes money to bank due to his failed business. Yeah, for sure. Great job. Good job tonight, mods. Yeah, I saw some people getting knocked. Awesome. He has more successful ones. No, he doesn't. No, a jib. I don't think you understand our current economic system. Why should profit not be taxed? What profit? Fast car. Oh, I think you're talking to the person that says 30. Yeah, it's, you know what? What we need to do is right now the government is a monopoly for corporations. That's what they're doing. Right? The United States is a bunch of monopolies, corporate monopolies that control every aspect of everybody's lives. That's why we need to decentralize everything. Right? He's a billionaire now. Money that people need to for their lives be taxed, but not profit. I agree fast car. Right? Why is payroll taxed? Right? When you buy, you get your payroll gets taxed.  You make capital gains, you get taxed. Like, right? There's got to be some kind of place where you don't have to hire an accountant that knows how to navigate the tax system because they wrote the tax system for you to be able to retain some of the money you've made. Right? Being a landlord is a lot of work. Knights of all comic, I agree. I have family and friends that are landlords. Right? And I personally have no desire, like, to become a landlord. Right? Our family was in the real estate business for 30 years. Right? I helped build small apartments, like three-story apartments, as well as single family homes. Okay? That's what my background is. That's my my first job was on a construction site, 13 years old, working on building a house for the family. Right? Not for us just to live in, but as a as a developer. Okay? So I know the housing market pretty well. Right? It's it's a dog's life.  Okay? So people have to be careful. Okay, I got knocked up. So I'm scrolling all the way down gang. I'm all the way down. Graham, thank you very much. There seems to be people that are a little bit a little bit uneducated, that are trying to instead of learn about what's happening in the world and what they'll have to deal with. They're here trying to do a little trolling action. They'll realize there's some swords out. Right? So, Graham, thank you very much for taking care of business. Susie Rossi, since COVID, there has been $6 trillion spent to prop up an economy that isn't working. And Susie Rossi, you got more here, but they're not propping up the economy. They're propping up the stock market, their corporations. They just gave trillions of dollars to the monopoly powers in Wall Street to make sure they have enough money for them to last through the chaos that is about to come and make sure they have enough money to buy out all the little guys that are about to go bankrupt. Right? That's what's going on right now. These $6 trillion that have gone to Wall Street, it's not to prop up the economy. The economy is already done. Okay? This, what we're about to see is about to unfold in the next two, three, four, five years. Right? 70,000 plus deaths in the U.S. The Afghan war has cost a bit over a trillion dollars and 2,000 Americans have died. I'm sure 10 times that and so far. For sure, Susie Rossi. I've looked at the numbers in Afghanistan. It's horrendous. Right? And the Afghan war, Afghan Iraq war report came out last year. I believe in 2019 came out that said the Iraq war has cost the United States in the ballpark of around six trillion dollars, I believe. And you know, the Wall Street Journal of all places released the Afghan files saying that every administration, the Bush administration, the Obama administration, the Trump administration, they've all known that the Afghan war was lost from the get-go. But they still spent trillions of dollars creating this delusion, allusion, allusion. Right? To telling the American citizens that everything is going okay. They're about to win. They're about to win. They're about to win. Right? It's a complete scam. Yeah, Trump is a puppet. So was Obama. Obama was a puppet too. So was Bush. Right? Graham, Chico. Maybe I'm trigger happy, but I'm just timing them out if someone else wants to ban them. Okay, awesome. Graham, if you're timing them out, you're timing them out.  Right now it's a little bit chaotic in the world. We, a couple of streams ago, we got burned by a couple of trolls, right? Doing a math stream of all places, right? They polluted a math stream. And people, when they, when they, when they mess around with mathematics, I don't like that, right?  Okay? It shows that they want to propagate their stupidity, right? And their hate. So we're a little trigger happy right now because there's serious discussion going on. There's a lot of people are hurt right now. If you think there's a lot of people that are hurt right now because of what's going on in the economy and stuff like this, we'll wait until you see what's about to happen next two to five years. It's going to be more serious than this, okay? Be prepared everyone. Timing out is fine unless they come back.  Really, we're sharing the stuff with love. Sometimes it's a little hard love, right? Saucy Rossi. Yes, I meant stock market when I said economy because every major company's stock should technically be worth cents on a dollar. Saucy Rossi, I couldn't agree more. Boeing. Unbelievable, right? They wouldn't even need the money to benefit from that crisis that Trump created. Which crisis that Trump created? Trump is just a puppet. Trump didn't do anything. He's just saying what he's been told to say, right? Do you feel that the employees wages are not fair? Employees? Well who's which employees, Jib? Can you talk a little bit about how easy it is to make money if you have money and how the gap between financially self-made and born into wealth is getting bigger and bigger? It's just compound interest, really, right? For example, take me and you, right? Me here, you guys there. Let's say we're making on average, we're going to high-ball it. Let's say we're making on average $50,000, right? Now our expenses in where I am or rent is ridiculously high, right? So let's say, according to economists and stuff like this, they say a third of your income should be rent, a third should be food, and a third should be entertainment, savings and stuff like that. I don't know where they came up with these numbers. I'm pretty sure those are Wall Street people saying, oh yeah, a third of your rent, third of your income should be rent, right? If your average job blow, right? So let's assume this. Let's assume from $50,000, if you're renting, if you're family or something like this, let's say $20,000 goes to rent, right? That's less than $2,000 a month you'd be paying rent for let's say two-bedroom or three-bedroom house, if you're a family you have kids and stuff like this, right? Even an individual right now, it costs more than $20,000 for us, for me and my partner to live in a two-bedroom complex of a house and a place, right? It's expensive, right? But let's assume $20,000 for rent. Let's assume $10,000 for food, okay? Let's assume you spent $5,000 on entertainment, right? Now that's $35,000. That means you got $15,000 for transportation, for emergency fund that you should definitely put aside for debt you might be carrying student loans and stuff like this. So let's assume you have $15,000 out of $50,000 of disposable money. Now let's assume one of us makes $100,000 and they live the same lifestyle as the rest of us that have $15,000 disposable money. If they have the same expenses that means they have $65,000 of disposable money, right? So do the percent difference, okay? $50,000 worth of versus $100,000. That's double, right? So they're making double what everybody else is making here on average, right? However, they don't have twice as much disposable income as we do, right? They have $65,000. We have $15,000, right? So let's go $60,000 if you want, right? Maybe they can spend an extra $5,000 on entertainment. They have four times more disposable income than we do. They make twice as much money but they have four times more disposable income. Now take that same calculation compare someone $50,000 to $1,000,000 to $10,000,000 to $1,000,000,000, right? Is that a good enough comparison? Because when it comes to that, when it comes to competing, to buying property, buying art, investing somewhere, buying stocks, right? Getting good health care, right? If you have to line up in a queue and it's private and you need to pay somebody to save your life, you got $15,000 disposable money. Very rich person has an unlimited amount compared to you if their expenses. Now keep this in mind, someone that's making a million or 2 million or 100 million, their expenses are a lot higher, right? But how much higher does it go? Is it consuming $35,000 out of 50? Is it consuming 70% of their income, right? Someone making $100,000, is there 100 million dollars? Is their expenses $70 million, right? If it is, how in the world did they acquire $100 million, right? Because they're not doing their finances properly. The odds are their expenses are maybe a couple of million, two, three, four, five million out of 100 million, that's 5% of their income, not 70% of their income. That's the game at play here, right? And then add to that compound interest, exponential growth and differential accumulation from Jonathan Nitzans in the limit, not even in the limit, within 5 years, 10 years, your bankrupt, they got everything, which is basically the name of the game for Wall Street, okay? I hope that's clear. It's just simple mathematics, really. Cinder fan, 35, how are you doing? Here in Finland, there's a fear going on that due to rich people being in control, politician, political situation, they will take any safety income from poor so that the rich don't need to pay for economy recovering that is ahead. Cinder fan, 35, that is exactly what's going to happen, okay? That is exactly what's going to happen, austerity going to kick in, extra taxes on payrolls, on general me and you population, okay? Because these governments are gonna go after taxes, are gonna go after easy money, low-hanging fruit, right? So what you're saying is exactly what's going to happen in the Western world, okay? Just increase minimum wage. Why not just increase minimum wage? You could. Where? For what jobs? I don't know, Egypt. These general things going, why not do this? Why not do this? Those are just talking points, right? The Afghan war and the Mujahideen was a straight up weapons testing program run by the CIA. Scamboy, it was a lot of other things. It was pipelines, it was unical, it was control of Eurasia, it was resources, it was industrial military complex, it was hegemony. There was a lot of things at play. The minimum wage should be increased but Trump doesn't want to do that. Fascar, it's not just Trump, it's not just Trump. I mean, I say it as well, I say Trump, I say Obama, I say Bush and stuff like this, but it must be clear to all of us now that it's one-party system, they're the technical cross, they're the oligarchs, they're the corporation, it's Wall Street that runs the United States of America and by proxy Canada and Europe, right? Cheryl, Sherry, Sherry, I gotta read it properly, Sherry. I still think the Afghan war was about preventing delaying Chinese Belt and Road project. Could be, could be, but I don't think the United States was too worried about that at the time. They did want to destabilize the region, they did want to get a foothold in Eurasia, there's no doubt about it, right? It was about control of Eurasia as Brzezinski wrote in the grand chess board, right? It was about Eurasia and containing China, but I don't think it was thought about to be on this level. I don't think they realized how fast China was going to rise and for this long growth of this much, right? Chichou, why is Henry Kissinger still alive? Dude, beats me. Is there a cure or something you can give? No, dude, I'm not into taking anybody's lives, right? Employees wages from large corporations, employees wages, I have no idea what your sentences are saying, anti-cage. I mean in European, that the US doesn't have paid sickly, for example. Oh my god, that's why you're, no universal healthcare. That's why you are universal basic income. We don't have that either, but it's smart if we think about humans as one. I mean, you should at least catch up on two. Universal UBI has its own problems. It'll be under the technocrats and it'll be one-way ticket to enslavement, absolute poverty for a country, okay? If you don't mind me asking, where are you located? I'm in Canada, west coast of Canada, hippocritidus. I'm going to scroll down gang. I've gone all the way down to the bottom, okay? Just so I can stay up with the chat. If there's anything that I miss, please let me know. Okay, Chicho, can I give you, give a recommendation that people can do to earn money if they have a bit above average computer skills and writing ability? What is a saucy, Rossy? For sure, you can definitely share. By the way, I got ginger tea and mint tea, spear mint tea. Spear mint tea that we dried and ginger obviously bought is very nice. And I got myself some apples. We've been eating too much pie lately. Time to eat something a little bit healthier, all right? Very little better in ginger tea and apples, my man Smith. Couldn't agree more. Just good for the body, right? Very delicious. And it's even that much better when you picked the spear mint and the mint yourself and dried it yourself, right? Like if you saw the videos we put out last year, I went through a major spear mint and mint drying. Thank you very much for taking care of business ground. Learning how to write Alexa skills. Do your research, everyone, but it is possible to learn how to do it. And if you have creative ideas, you can make money annually, okay? It all depends how long it takes, right? Is the time you put in worth it? And also you have to consider, is this something you're going to love or is this going to introduce stress into your life, right? Because one of the first things that we mentioned this from the get go first video we put out in personal finance, health matters. The most important thing investment you can make in your life, right? Is make sure you're healthy and maintain your connections with your family and stuff. Have a support system, right? And invest in yourself, right? Acquire skills. As Saucy Rossi, as you're mentioning, acquire skills. Very important. They come in handy in the future. Tiger, hi, Chico. Glad to catch you live again. Do you think that COVID-19 pandemic will push the US into a universal health care system? I'm from the UK and it's crazy to me. They don't have it. It could possibly. The kicker is right now the United States, it's governed by monopolies. And monopolies are hard to break unless something dramatic takes place, right? And right now the choices between dumb and dumber in the United States is one party system, right? Who do you want representing Wall Street? Do you want Trump or do you want Biden? I want neither and I will not vote for either of them if I was an American citizen, right? So one of them is going to win from all indications until unless something dramatic takes place, right? And they all represent Wall Street and Wall Street governs the United States of America. So something dramatic has to happen for universal health care to roll out in the United States. I don't think it's going to happen anytime soon, okay? Dark, unsweetened chocolate, almonds, and single malt scotch here. Oh, Catholic traditionalist. Nice. That's like dinner, right? Saucy Rossi, for example, it takes 20 hours to learn. And once you find the form formula, it takes a few hours to create a skill. I think the time required, that's the average, if it's average, it's okay, I guess. But it all depends what your income could be, right? But do people really want to do that? If you do look into online stuff. The other choice is you could spend time on something you love and generate money that way, right? Now people could love doing this thing online, but if they're doing it, the odds are it's mainly just because of money, right? But if you like doing handiwork and stuff like this, there's nothing wrong with buying used materials and refurbishing them and selling them. There's very good money to be had that way. And you also pick up a hobby, you pick up skills, and it's a creative outlet, right? Basically, the USA is just going to let tons of people die and try to ignore it, and there's nothing any of us can do except continue to take it. Graham, I think there's a lot people can do, Graham. I'm not as negative on the whole situation as I may appear to be. I hope it's clear that I'm pretty positive on how things are going to roll out. I hope so. We see the US will only adopt the universal healthcare system if somehow the politicians in the Congress ignore their big pharma donations and act with a conscience, which is not going to happen because the majority of people in Congress don't have a conscience, right? As was indicated when they were selling their stocks before they told the American population that, oh, something serious is going on, right? And those were some of the good guys. They weren't even main players, right? Just imagine what some of the main players were doing. Wow, wow, wow. Finding something you can do to earn passive income helps immensely, immensely. Saucy Rossi, I agree. Immensely. G. Garnoze. Garnoze. Hey, thanks for laying down the facts and clearing, clearly explaining the one-party system. Yeah, that's a one-party system, right? What are your top book, non-textbook recommendations? If you go to my About Page, very nice. If you go to my About Page, I have a list of books that I recommend, right? I have a list of anime that I recommend, movies that I recommend, documentaries that I recommend, lectures that I recommend, sources of news that I recommend. I don't follow all of those anymore, but there's still some on the, on there's some list of teachers that I've had over the years that I recommend people who, you know, consume their content. I am very negative about it. I'm just lucky they aren't trying to force the schools, schools to open. Yeah, they won't this year. Germany is. I believe Germany's already opened up the schools. Catholic, traditionalist. Gicho, I agree. I think people generally have a lot more power to determine the course of their lives than they think. 100% of Greek Catholic traditionalists. We can, we can decide to participate in any system, right? As long as we haven't hit the radar and they're not after us, right? So if you, if you understand how the game is played, then you can decide not to play that game.  Be aware of the choices that you are making, right? That is key, essential, crucial. Okay. That's why I tell people to slow down, slow down. Do you really want to participate in that system? What is that system? Where is that lead? What's, what's the little, you know, fine points way down at the bottom of the contract that you're about to sign, right? Book recommendations from a business guy myself. Rich dad, poor dad, and start with the why. I've heard that as well, rich, rich dad, poor dad. Schools don't earn profits and the administration is anti-expert. Schools don't earn profits. Tardy, universities are very profitable. It's a pure, it's just total scam, right? They got, they got the government to guarantee loans. Dude, can I, can I get the government to guarantee loans that I give out to anybody? Right? I'll give you, I'll give you a loan to come to the Chico school to learn how to read comic books, okay? And when you're finished, my course, which is going to cost you $10,000 for a year, right? Then you'll be able to read comic books and write reviews and make money, right? And we'll get the government to guarantee that school fee, right? So you can get a loan, it's going to cost you nothing, right? Nothing. You can get a loan for $10,000, come to my school, right? And the government will give it to you. You know, I'll give it to you.  You get a $10,000 loan from the government to, and you don't even have to pay interest for that year that you're in, right?  And for six months, you won't even have to pay interest, right? And then after that, the interest is very little and you can pay it off as you write reviews for comic books, right? And now you got a brand new career, right? That's the scam at play with universities. They guarantee a loan for you to go to school to learn some kind of basket weaving program that's going to cost you, to take you four years to learn, right? It's going to put you in debt for $100,000, $150,000, $50,000, right? And when you graduate, there is no jobs and you can't declare bankruptcy because the government guaranteed you're a loan, right? And the university has already spent that money, man. They bought some Picasso's. They put it together with a whole bunch of other people, suckers like you, that were willing to give them $100,000 to get a degree in basket weaving because when you graduated, they told you you could weave a lot of baskets, artistic baskets and make a lot of money and pay back your loan real fast, right? They told that to lawyers, accountants, everybody, right? How many of those jobs are going to be able to service that debt? Be aware how much debt you're picking up and what kind of debt that is. Knights of Old Comic, Chicho, I'm referring more about the larger amount of opportunities with one million, etc., to invest. You can buy many properties, yeah, for sure. Okay, so if that's what you're talking about, Knights of Old Comic, so I'm going to finish your reading your comic, but basically you're talking about leveraging the million dollars, and taking out debt relative to that, and then when you buy property, you can take out more debt on that property, so it's just a domino effect. So many ways to scam is make you appear more than what you are, right? So I'm going to read your comment again, Knights of Old Comic. I'm referring more about the larger amount of opportunities with one million, etc., you can buy more properties and rebuild and resell for small profits because you're doing 10 at once, like how corporations beat out the small bookstores because selling millions for tiny profit adds up, something the small guys can't do. Knights of Old Comic, yeah, and this model is also about mom-and-pop shops, corner mom-and-pop shops, and independent electronics store outlets and stuff like that. A lot of them went bankrupt when Amazon came into the game, right? But it goes a little bit deeper than this because a lot of the funds right now, and this happened in the past as well, a lot of these corporations go out there and go leveraged to the tilt, right? They're leveraged to the max, and all of a sudden the economy goes belly up, right? And now let's say 10% of their tenants can't pay rent, right? 20% of their tenants can't pay rent, and they still have to service that property, right? So what happens slowly is even large corporations, people with lots of money, can get into a debt spiral if they're over leveraged. So it's really a matter of how you play the game. The major players that are billionaires and stuff like that, they don't really have to worry about that to a certain degree, unless they're ridiculously stupid, okay? I researched stocks on Wall Street from my 401. I'm going to skip the ones that are conversations between each other gang. I went on your belt page, and I loved Walter Lewin too. Did you like any of his other courses? I have to look at which one that is. I'm really bad with names and some of the stuff that I recommend, and very nice. Some of that stuff is stuff that I looked at 18 years ago, 20 years ago, 15 years ago, right? I created that about page. I haven't updated it for a long time. I created that about page in 2005, 2006, 2007, okay? And last time I updated it, I think it was added stuff to the list was 2008 or 2009. So that's over 10 years ago. I would have to look at the lecture to know which one that is, okay? I'm really bad with names. My apologies, by the way. I read that lots of people die without ever paying off their student loans in the U.S. Yeah. I can't remember the percent. Do you think only some degrees should be supported by guaranteed loans? I don't think, here's my take on universities, right? If the university has a program, and they're charging you a ton of money, right? To register in that course and get that degree. And if you don't get a job, the university, if you can't pay back that loan, the university should have to flip the bill for that. They gave you an education. They gave you a piece of paper that said, hey, you're certified in doing this.  They made a promise. They took four years out of your life, right? Then why should you carry that debt, right?   It was easy to get the loan. Who made that possible? The government made that possible. So certain degrees, it really depends. It really depends. Sure, there are certain degrees that going into debt for are okay to do, right? Like I went into debt to get my degree, right? Geophysics was a math minor. I had no doubt that I could get a job. Like really, I had no doubt. Not because of just a degree, but because of my work ethic. I've worked in construction since I was 13 years old. Once you work in construction for an extended period of time, you probably built up a very good work ethic. Really. If it was my choice to hire someone, right? Someone came up to me, I have a job opening. Let's say I had a job opening. If I had a choice between hiring someone that's been in the construction field for 10, 15, 20 years, and someone that's just been an academic for five or 10 years, I wouldn't even think twice. I would hire the person that worked construction for 10 years, 15 years. There's no doubt about it. Even though on paper, this guy looks better. The guy who's been academic, that work ethic doesn't exist in the real world. That's an academic work ethic, right? So it really depends. It really depends. Given the fact that we are on the verge of a global recession, is there something worth investing in? We're more than a global recession. This is no longer a recession. We're about to kick into a depression in certain parts of the world. There's no doubt about it. So is there something worth investing in? For sure. There are a lot of places that made a lot of money during the depression. Catholic tradition is when it comes to building a good life for me and for those I hold dear, I unashamably do what I believe to be right. Even if this is at odds with what I am told I should do by nameless, faceless folks up on the hill, I find it is often better in such cases to seek forgiveness than to seek permission. And it even more often better to seek neither from those folks. Catholic traditionals, I agree with you. Don't look at Wall Street to decide if I got the gist of what you were saying. Wall Street and those in authority and power to decide where you should be and how you should live your life. Figure out what reduces the most amount of stress from your and your loved ones lives. Look into how you and your loved ones can remain as healthy as possible and as connected as possible within the community. That's your first place you should be looking at to invest. If you have excess funds, then the next thing you need to do is do a fair bit of research to figure out where you're going to spend your money, where you're going to park your money that is not going to disrupt what you've created already.   There are people that I know that are extremely amazing good people, they mean well in the world, and all the excess money that they have, they put into Wall Street.  VC, the bank where I keep all my income and savings and encouraging me to invest through them. Should I attempt to invest through them and make money or just keep the money in my account? VC, there's a fallacy in your statement here. In your second sentence, you're saying, should I attempt to invest through them and make money? How do you know you're going to make money if you invest through them? Do they guarantee it? Do they say, we guarantee that you will get 5% returns per year for the rest of your life and you will never lose your money. No bank is going to tell you this. So first thing you have to do is, and banks, there's whole different types of instruments that banks will try to sell you, and if you don't qualify as a accredited investor and stuff like this, there are funds out there that have criteria. One of the criteria is, you have to have $1 million of liquid funds that you can park with them, not $1 million worth. It's not that you're worth a million dollars, you have to have liquid, liquid $1 million before they will allow you to invest with them. Now, if you're drool below, you don't have $1 million to invest with these funds, then you're going to have to go with the lower end funds. Now, you tell me, do you think the people managing the fund that has millionaires investing with them, is that on the same caliber as the person who's managing a fund that has people investing with them that are in the thousands of dollars? I'm willing to bet the person that performs better is kicked up to manage the funds of people who have larger assets. So you really have to think about what the bank is trying to sell you. There's a lot of garbage that the banks are going to try to dump on people right now. Okay. What do you call it? I forget the names of the different types of people. They refer to them, right? Great point. I second that suggestion, Graham. What did Graham say?  Where are you from? I'm in Canada. Yes, the schools as laborers. I'm going to read the stuff that's directed towards me. How much cash is needed to generate $100,000 a year from interest alone? Like dividends and stuff? Oh man, just do the reverse calculation. You want $100,000? Dividend the 5%, right? If you're doing well, let's say you get yield of 5%, right? So 5% of what is equal to $100,000? Divide $100,000 by 5%, right? What is that? $5 million? $5 million? No, I've got to do the card. Here, I'll do it. Oops, I want a million. Oops. I should have just done it anyway. Divide it by .05. You need $2 million.  You need $2 million somewhere to give you a yield of 5% to get $100,000 out, right? Now, that $100,000 is going to be taxed depending on where you are, right? I think in Canada, it's 25% on what do you call it? Those kinds of investments coming in, right? I'm not sure what it is in the United States. Okay. Cronkster. I invested into Pornhub and it really, that's funny. In the end, the only thing that is going to matter is the people around you. Invest in your local community, community gardens, rec centers, after-school clubs, help your neighbors. Yeah, and I'll give you an example. For example, like Graham is saying basically one of the best places you should invest in is your community, and I 100% agree. Like for example, right now in the city that I'm living in right now, in Victoria, Canada, British Columbia, there's a lot of homeless here, okay? And a lot of homeless that have come from the other provinces. One of the reasons is this most moderate weather here, right? It doesn't rain as much as Vancouver. So there's certain weather elements involved and whatnot, right? So right now, because of COVID, things went into lockdown, right? So people in Canada who, you know, who had everything going, they had a job and stuff like they filled out a form and they got, they're getting $2,000 a month coverage from the government, right? So those people, middle class, let's call them middle class that were, that qualified for this are getting $2,000 a month until lockdown is lifted, right? Which is a lot more than the United States. United States people are getting shafted hard by the way, okay? So Canadians, middle class, could fill out the form if they weren't allowed to go their jobs, they get $2,000 a month, that should pay your rent and your expenses and you just chill at home, right? Now, some of those people who have bought homes and they have mortgages and stuff like this, they're at home, they're seeing what's going on, and they're seeing the activity during the day. And in my area, there's a lot of homeless around. Now, the homeless that aren't on the books, everything's cash for them. One of the main sources of income for the homeless was collecting bottles and returning bottles. The other main source of income was panhandling, right? Guess what? With the lockdown, with the quarantine, with the suggestion of not going out, panhandling doesn't get them anything because there's nobody around and the bottle depot places where you could return bottles are all closed. When I've gone on walks, I've seen like mounds of bottles in parks where a homeless person has been collecting the bottles but he can't return them, right? So no money from the bottles either, right? So no money from panhandling, no money from the bottles, no money from the government, right? They don't get $2,000, they don't have a residence, right? They weren't filing taxes, they don't get $2,000, right? And now what's happening is those people who are getting $2,000, they're like going, hey, the homeless are breaking in here, right? Our lives are not as good as we thought they were. Our property values are going to come down because there's lots of homeless around here. So our homes are now, the equity we have in the homes is not as much as we had in the past before this pandemic hit, right? Oh, what's going on? Well, those people didn't invest in the community. They allowed the homeless situation to rise up to a level that's something like this that disrupts the ridiculous economic system that we have right now to lift the veil, right? All of a sudden they're going, oh, wow, wait a second, my home isn't really worth a million dollars, it's worth $800,000, but I put $200,000 in there, but that means it's only worth $800,000. So all these years that I worked and the down payment that I made, that just blew up. It's as if I didn't do that at all. And my car's being broken into, and I look out my window, there's people camped out across the street, across the park from under the mound of bottles, empty bottles. Wait a second, I thought this was supposed to be a middle class neighborhood. Guess what? They didn't invest in their community. Okay, if we invest in our communities, if we make sure the supply chain is solid, we have food security, we have people, institutions, right? Organizations that deal with mental health, with trauma. We have well funded schools that are educating the children, right? If we have community centers where there is readings, where people can go take, like for example, one of the things with community centers, guess what? Community centers are closed. There are homeless people that were using community centers to take showers. There are people that used to live in their homes. This is my area. It's top of the pyramid if you compare it to the world. People living in their homes and going to work, living in their campers and going to work, because they can't afford the rent, they can't afford property that we're using community centers to take showers. The community centers are closed. Guess what? They can't go take showers, clean up to go to work, right? All of this is ridiculously important. So when people say they have excess money, they want to invest it somewhere, where do you live? Is your community on the border line of completely collapsing? Do you like it there? Do you think you want to spend a lot of time there? Then you should be investing in that community. That's the best place you could invest your funds in, right? Stabilize it. Make sure that if something like this happens, all of a sudden you don't have homeless people breaking into your cars and you can't go outside and play, right? In Scotland, if your Scottish National University is free for under 25, which is the way it should be really, an educated population is extremely important. Very nice. Why not cover unemployed graduates with UBI and let schools be creative in how they educate and not just focus on practical education? I agree that the education system shouldn't just be geared towards educating people that can get jobs, right? That's not what I meant personally, and I agree with a very nice and grand as well, that education should be across the board, right? But it should be free, okay? Really, some people are going to say, oh, it shouldn't be free, blah, blah, blah, blah. No, education should be free. Once a population, once a country and nation lifts up the standard of intelligence in your communities, that means it's safer, right? It's healthier. There's less crime. There's more genuine entrepreneurship. There's collaboration, right? I'm in full support of educating the whole country. Should I work full time for $2,500 a month or cash in on CERB for $2,000 to do nothing? Is that what it's called? Nuclear NEDLA? It all, it really depends. Here's the kicker, right? So, some people, here's one question that people have been asking, right? I know people are going through their thoughts, right? Let's assume you live in a country where that's the choice you have. Should you work full time for $2,500? And remember, you might get taxed on that, but let's assume you're going to bring that home, right? So, we're not including taxes and whatnot. Should you work for $2,500? Okay, full time or should you take government handout for $2,000 a month, right? Now, this is what you need to ask yourself. Is that full-time job longer-term than the government handout for $2,000? And if, when the government handout for $2,000 runs out, are you going to be able to get that same job back for $2,500, right? So, you can't just think about this month, the next two months, the next three months, the next four months. This $2,000 handout that the government is giving out is not going to last two years, right? It's going to last two, three, four, five, six months max, right? After six months, when you don't get that $2,000, are you going to be able to get a job that pays you $2,500 a month, right? If the answer is no, then hold on to that job, right? If you like that job, if you like the people you work with, right? But if you don't like that and you're looking for an out, you're saying, okay, this is killing me, then sure, take the government handout for $2,000, but be aware that $2,000 is going to end.  Because after six months, you're going to have to find a job. You're going to have to pay your bills, right? If you took that $2,000 and you didn't think about what's going to happen when the dust starts settling on what's taking place right now, if you didn't take this $2,000 to retrain yourself, to make sure that you have, I don't want to say, what do you call it? People will want to hire you, but you've acquired skills that you can sell to people, right? If you haven't done that, re-educated yourself, retrained yourself, then man, you're in deep trouble. You're in deep trouble, okay? Do you have any advice for surviving a potentially global depression community? The only way we get to survive a depression, right, is if we're well connected within our communities, okay? You also have to have a certain amount of liquid assets or funds, cash is king, right? And you also have to have, this is something that we've talked about in the personal finance videos and playlists and stuff like this, right? You have to have multiple sources of revenue, okay? This is something I really emphasize when we started creating the personal finance videos. Two years ago, I guess, I think we started making that in 2018. I started creating that, by the way, because I could see this, what was coming. Just like 2008 financial crafts, I started writing about the financial crafts in 2006. 2006, I was going pretty hardcore saying, hey, listen, something's about to come. Be born, be aware. So we started doing the personal finance. I mentioned health, community, acquire assets, experience is important, and decentralize, have multiple sources of revenue. That means right now, and this goes to all of you, right now, if your main source of income is from one location, really start thinking about that, and try to make sure you divest, you decentralize, right? If you only have one client that you're working for, and that's your main source of revenue, you might be in trouble, okay? Start finding one, two, three different sources of revenue, at least, and ideally, you want to make sure that it's distributed evenly across the board. You could have one that's a lot more than the others, within reason, but make sure the other ones cover your expenses if that source of revenue is cut. We need to decentralize. Decentralize everything, if you can. Everything, okay? Catholic tradition list. If we truly want to break free from centralized authority, then relying on such authority to administer a UBI program is problematic. Big time. I 100% agree with Catholic tradition list. UBI is a fast track to solidifying a depression and enslaving people, really, right? Like, it's going to create mass poverty, mass poverty, and it's going to centralize power even further. UBI is not the solution, okay? It definitely is not the solution. It is actually a problem. Nice beard. Thanks. Crushed brain. Is your voice always so soothing, or do you change it for ASMR? I don't know. I've slowly... Here's one thing I heard about Bob Ross, right? Bob Ross used to be drill sergeant, right? Now, I don't think this is folklore. I think this is legit. Bob Ross used to be a drill sergeant, and he used to yell at people and stuff like this, and he had health issues and whatnot, right? And then he started making painting videos, relaxing painting videos, and I believe what he said, I think I watched this during the documentary where I read it or something like this, and he basically said, when he realized that his life was totally destructive and he didn't want to yell anymore, right? So, he eliminated that from his life, right? For me, this is the way I communicate, right? When I teach mathematics, this is the tone that I use to teach math, right? One of the reasons to my students and what you see in my videos, that's 100% legit, like real, that this is the tone. This is the way I teach mathematics. Sometimes I'm a little bit harsher with certain students if they need a little shaking up, right? But I don't raise my voice on my students ever, ever. Like, I can't remember once that I've ever done this in the last 20 years of teaching mathematics, and I've been pushed towards it. There's no doubt, right? But I've never raised my voice on my students, and I always try to make sure I'm conveying the information to the best of my abilities. Sometimes I stutter, sometimes I stumble, right? You can't be functioning at 100% all the time. But I think I've done enough live streams now in the last two years to show you that this is pretty much what you see, okay? A central authority is, very nice says the Catholic Church, that a central authority is concerning, but it does work for some things. Ideally, something like a smart contract would be even better for this. The problem with UBI, by the way, very nice, the problem is because it's centralized controlled, right? They could put any criteria on there that they wanted to, right? For people to collect their money. For example, in New York, I believe, okay, for welfare system, they brought in all these criteria that people had to do to collect welfare, and that took time away from them, from educating themselves, retraining themselves, feeding their families, taking care of their families, educating their families, taking care of their communities, right? So they were spending time and energy and resources to doing things for the state to try to make sure that they could collect their welfare until they found a legitimate job, but because they couldn't retrain, re-educate, take care of the families and all of a sudden domestic problems started rising, then they could never do that to get a job, so they were stuck in a welfare spiral, right? So once you give that kind of power to centralized authority, they'll put in blockers, right? They'll put things in place to make sure people don't escape their control, right? Instead of their, they invested in Walmart instead of their community, funny. I'm going to scroll down again. I'm just going to read the stuff directed that me personally, if there's a chicho on there, da-da-da-da, Knights of Old Comic, chicho, I live in a high cost of living area to have the career I want, but being sole provider while supporting small child, I cannot save to buy a house, etc. Even though I'm making above average in the US, I'm by far the poorest in my neighborhood and friends with two earners. I get no money from COVID relief in the USA. Why can't they take cost of living into account? Because they don't want to, Knights of Old Comic. The only thing they took into account was Wall Street. That's it. They didn't take into account anything else, right? It's a scam. It's a scam. And Knights of Old Comic, by the way, you shouldn't be living in that situation, okay? Really. That must be introducing stress into your life, right? And that's going to, in the long run, over an extended period of time, that's going to create health problems, right? So I think, you know, take this with a grain of salt, maybe start looking at where else you might be able to situate your family where the cost of living is not so high that is eating into when you say you're making above average, but your cost of living is higher. So you're not retaining above average money, right? If you are retaining above average money, then you have to invest that money somewhere, right? So there's nothing wrong with moving to a place where the cost of living is lower, but don't look just for the cost of living. Also look into what the community infrastructure is there, right? Is there support systems there and stuff like this? I've known people in your situation, right? And I've lived in your situation. I don't recommend staying in that kind of situation over an extended period of time. Because when hiccups like this happen, it might take you out of the game. Graham Chichot, I'm trying to decentralize, but I'm finding it hard to actually make any cash. Graham, they've made it extremely difficult. Theoretically, I've got four sources of income, but three of them are approximately zero. I'm not sure what else I can do.   Here's the other thing you have to ask yourself. You have four sources of income. Well, three of them are zero, almost zero, you say. So you only have one source of income. Now, that one source of income, how long did it take you to reach a level where that thing would become income, right? And how long have you been spending time on those three that are no income, but they could possibly be income. So if you just started those three sources, those three pipelines to start generating income, don't expect them to start generating income right off the bat. If they don't have a prospect, right, all three of them, then look at all three and see which one you can work on right now to increase that to start generating a little bit of income. Once you're satisfied with that second source that is increasing, right, there's a certain amount of growth to it, then look into putting time into the third source of income, right? Don't try to do this all in one go. Do it in piecemeal, really, and really strategize think about what needs to be done next, right? You've been following my work long enough to know that I say I want to kick things up, but I still go slow. I still make certain moves that fit into the grand design that I'm doing that don't take away from the other things that I'm doing, but compliment everything else. They work together. So that's the way I approach it. And I'm not in a rush, right? I'm in this, the long game. If anybody here is in a rush to make fast money, make sure you have a little bit of disposable money and play whatever market you want where you could day trade or week trade or month trade, right? Or buy things, refurbish, sell them, okay? He owes money to the bank due to his failed business. I don't know what that is. Great job mods, great job mods. I saw some stuff getting zapped. Thank you very much. Money that people need to for their livelihood be taxed, but not profit. Why should FASCAR? Why should money that people need for their livelihood be taxed, but not profit? Here's the thing, FASCAR, check this out, right? I mentioned that I was in the, our family was in the real estate business for a long time, right? Three decades, okay? Now this is the way the government worked. Now, if you're in the real estate market, or if you're running any type of business that's like a real estate market, or you're in development, or whatever it is, if you're running a company, there might be periods in your company's life where in five years, you lose money in four of those years, but you make money in one, right? Now you have to have a very, very good accountant to be able to take the profits made in that one year, to distribute it out within the five years, so you have to keep records and stuff like this, to be able to reduce the money you made, the profits you made in that one year, to distribute it out into the previous years, because you have to stay alive for those five years, right? Now there's a lot of people that run businesses, right, that don't understand this tax systems that we live under, right? The multinational corporations do, that's why Amazon, Microsoft, all these people don't pay taxes, right? Or pay bare minimum taxes. Joe Blu running a coffee shop, or, I don't know, development, their developer just starting out, they don't realize that they need to play the game, right? If this person in that one year that made a lot of money, profits, doesn't realize that they need to distribute that within the last five years, they're going to get taxed up the yin yang, right? And all of a sudden, let's say they made $200,000 profit, they're going to get taxed at least 50%, $100,000. Now in the previous four years, they might have written off $20,000 every year, right? If that happens, if they don't understand the tax system, their company is not going to last. So it's not just a straight forward at as why should money that people need for their livelihood be taxed, but not profit. Some people need the profit in that one year to be able to pay for the expenses in the previous four years, or in the next four years. It's like the biblical thing where, who was it? I forget what it was, where they had grains of rice, they had the silos for food, because it was going to be seven years of famine. If you see the economy going a certain way, where you have to make sure you stay alive for another five, seven years, you can cover your expenses, you need those profits to be distributed out for you to survive. And here's the kicker. If you made your profit the first year, right, and you didn't have anything previous to that to write it off, and in the next four years you lose money, you're bankrupt, right? Because that first year that you made a ton of profit, the government's going to come in and say, we want our share, right? So it's a game. It's a horrendous game. It's a horrendous game. The banks own all politicians fast car. I agree on both sides. I agree. And there is no both sides. There's only one side, right? I'm scrolling down gang. That up. Graham, maybe I'm trigger happy, but I'm just timing them out. If someone else wants to buck it, awesome, Graham. Or did this kick me up? Oh, man. The chat kicked me all the way up. I think what happens is if we get lots of chat and deletion stuff going, it kicks me all the way down again. So I must have answered one of those questions again. Very nice. Well, I agree, a central authority running a UBI system is open to corruption. What do you suggest instead? Do you think UBI would be an improvement from the current social security net in Canada? Would you know? I don't think it would be UBI would be an improvement. I think what needs to happen in Canada is payroll. People's income need to, the taxes on that need to be reduced big time, big time, right? In Canada, people are being taxed insane. The bureaucracy in Canada is over the top, over the top. Canada is considered to be one of the hardest countries in the Western world, in the world really, to start a business because there's so much bureaucracy involved in starting a business to become profitable, that you need all these specialists, the lawyers, the accountants. You got to pass, you got to take this, dot this, I cross this, all this stuff that is virtually impossible. Take real estate, for example, to be a developer 40 years ago cost a fraction of what it takes to build a house now. So one of the reasons that it costs so much to build a house now or to buy a house now is because of all the regulations, ridiculous regulations that they put into place, right? Some of the regulations are valid, a lot of them are not, they're just tax grabs, right? Oh, you need a license for this, you need to pay this much for this, you need to pay this much for this. It's over the top, right? It's over the top. Hate to see it. Graham, thank you for taking, by the way, Graham, if you need help with the troll action, let me know, I'll make sure I stay in the bottom of the chat so I can take care of the stuff, okay? How many mods we have? We have one, Catholic tradition list.  Graham, do you second this? One of the mods, yingyang, Gina, how funny. Did the yingyang command work? I don't know if it worked, I hope so. Let's check it out. Does the yingyang command work? I'm going to punch it in. Did I do it correctly? Oh, it did. Did it work? It did work. Oh yeah, by the way, Gina, I pronounce yinyang the wrong way. I say yingyang. I can't help it. I realize I was saying it the wrong way because I looked it up. I always thought it was yingyang. So the command is actually yingyang, not yinyang.  For your information, it was Joseph that predicted seven years of famine while advising Pharaoh. That's what it was. Thank you, Catholic tradition list. Because I've read the Bible a long time, I would be willing to help in that capacity by an entirely ignorant of what is involved. Okay, Catholic tradition list, you're in mod. Oh, I got to type out your name, so I'm just going to copy it. Granted, mod privilege to Catholic tradition list. Wow, I'm witnessing history. Now let me see.  Really, mods get power. Okay, but and feel free just to chill. Feel free just to chill. No, no responsibility. Actually, Gina, you spelled it right. That's what it's supposed to be. I pronounced it wrong. I'm all the way down to the bottom of the chat, gang. Oh, let me read this. Very nice. What are some examples of the banks owning the political parties in Canada? Banks own the political parties in Canada here. Very nice. I'll give an example. In 2008, when the financial collapse happened, but the biggest scam at the time happened, the United States government announced that they were going to give $700 billion to the banks to make sure they had enough money to maintain the economic system so everything was stable. Now, United States has 330 million people. Yeah, 330 million people. Canada has 33 million. I'll give you one guess as to how much money the Harper government gave to the banks. The United States gave initially and then after that they gave more, of course. Initially, the United States announced they're going to give $700 billion to the banks to make sure they had enough funds for any excess demand that was coming in so they could lend money to people, which they didn't. Canada also did the same thing for their banks. How much do you think Canada gave them? United States has 330 million people. Canada has 33 million people. Bitcoin was born $70 billion. Very nice. Well, I'll guess $70 billion. That's exactly what Harper did. They gave the Canadian banks $70 billion. All right. Per capita, same amount. I wrote an article on this back then. All right. It's the same scam. It's the same scam. Do you think we are heading for negative interest rates in the U.S.? In all essence, we are negative interest rates. There's inflation. It's negative interest rates right now. Feline asked a good question. Okay, let me read that. Thanks, Grant, for pointing it out. Feline asked a good question, and I want to make sure they get to ask at Chih-Chou. Do you think if you increase the minimum wage, the price of everything, it'll just increase, even if the rich paid more in taxes? No. I don't think the price of everything would increase. I think that's a fallacy. That's what those who don't want minimum wage increase would tell you. Now, I'm not a proponent of everybody increasing minimum wage to whatever everybody demands. There's got to be some kind of market deciding that because some small businesses won't be able to afford that. Why? Because there's so much other stuff associated with that. Gina, Chih-Chou, how do you educate people on how having more than two children increases resources burden in the whole of humanity? Gina, this is what I tell people. It's not even education. It's straight out telling them the way it is. When people are talking about, oh, you have to be environmentally friendly, you have to be this, we need to decrease this, we need to decrease, everybody needs to decrease this. And some of those people that I hear saying this to me have kids, right? So I straight out turn to them and say this, listen, now I'm playing the devil's advocate, but there's numbers behind this. I tell those people, listen, as far as I'm concerned, I could go live in a castle and run a hot top 24 hours a day, okay, and have all the lights on for the rest of my life, and I have a lower carbon footprint than you who just had a kid, right? So that's the level that it's at. Now, I don't believe in depopulation. I don't believe that people shouldn't have kids because of the environment or anything like this, right? I'm playing the devil's advocate, but people have to really take into consideration everything, right? People attach themselves to one concept. Oh, you have to stop eating meat to save the planet. Meanwhile, they go out and have six kids, right? Oh, we want kids, we want to have four kids, three kids, right? Two kids, one kid. Then wait a second, why are you telling the rest of the world to stop eating meat if the rest of the world or a person, one other person could eat a cow a day and have a smaller footprint than you having a kid, right? So there's a whole bunch of things in play, right? I don't know if I answered your question properly or not. How do you educate people on how having more than two children increases resource burden on the whole of humanity? Like, if they don't understand that a human being consumes for their whole life, I really don't know where to begin with that Gina. I really don't. Increase in many ways always results in more unemployment. Tony, Rumble, possibly, possibly, however, doesn't it also improve the society because it stabilizes those people who are below poverty as well, right? Does it offer people an incentive to look into acquiring more education, more experience, more tools? So just because this job is no longer available to them, they might have to rethink the choices they made in life to try to find a better life for themselves in a different industry, right? We can't we can't just say this or that. We have to take into consideration that we're all in flux. Everything changes, right? There are people who used to be pissed when cars came. Cars were introduced in our societies and those people were horse and carriage makers or people who used to have, you know, barns that fed the horses or created hay or grass to feed horses and stuff like this. The economy, the industry or evolution is novelty, disruptive innovation, right? If the living standard of a whole society has to be kicked up by increasing the minimum wage, then so be it. There's going to be people who won't be able to get a job on that level. Then they have to re-educate, retrain themselves, acquire additional tools, start thinking about maybe becoming entrepreneurs and creating something that contributes to society that also brings in wealth for them, right? Chico, nice. I have a sword now, just like Saint Michael the Archangel. Trolls beware. Trolls beware, Catholic traditionists. Thanks for noticing me. Feline. Yeah, thanks, Graham, by the way. Okay, I'm going to read the list 999. Sorry to type this again, but have you read about Islam in any capacity? I've read some. I've read Bible. I've read the Old Testament. I've read a little bit of Buddhism, Hinduism. I've read, I've read, I went through a period where I looked at a lot of religions, right? Have more than two children doesn't necessarily burden the whole of humanity. It's only if you raise capitalistic consumer brands, VCI disagree, right? What if you raise psychopath? What if you raise this? What if you raise this? There are families in poor parts of the world with many kids who each consume way less than people in the western world. VCI, sure. But why do impoverished nations, people who live places where the infant mortality rate is a lot higher than where we are maybe have a lot of kids? That's because out of six kids, maybe two of them don't make it. Maybe three of them don't make it. And that's their retirement plan. They're having a lot of kids because that's their community, that's their family, that's their retirement plan. They hope that the kids will take care of them as they get older. So there's a lot of social things associated with that, right? Catholic tradition as Gina, Chico, many of those, many, many of those of use with large, many of those of us with large families are aware of the fact that children consume resources as do we all. And we are aware of the need to raise them as responsible stewards of God's creation. Catholic tradition is and that's the key, right? Education. Education is the key, right? Because if you have six kids, six children, and five of them, right? Go out and create things that help society, right? Come up with ways of renewable energy, then you've contributed to society. You've reduced your carbon footprint, right? So when I said I played devil's advocate, when I tell people that, is because I want to make sure that people really realize that it's not just about the kids, it's not just about consumption rate, it's not just about meat eaters, it's not just about people who travel, it's the whole system. It's not working, right? My pleasure, Les. Night's a Wall comic. I highly recommend a Netflix sci-fi thriller time traveler show on Netflix called Dark. It was amazing. Oh, I haven't seen it. Night's a Wall comic. Can you post that on our discord page, please? Sci-fi, I love. Sci-fi very much predicts what the future will bring, right? By the way, gang, thank you for the follows. Thank you for the subs. I know I don't recognize them on the stream just because I'm reading the chat a lot, but I see things pop up. Okay. Yeah. Ground sounds like CV and Catholic traditions are actually talking about the same thing, just using different language. Are they? Having more than two children, it wasn't necessarily burning. Yeah. Yeah, I agree in large part, right? Speaking of Netflix, art, altered carbon season one was amazing, but season two was at best to see minus. Uh, I watched Altered Carbon. I watched both seasons. It finished a while ago. It wasn't bad. I didn't mind it. It was fun. Night's a Wall comic. Have you watched 12 Monkeys, the TV show? That's my favorite TV show. Sounds similar. Okay. I watched 12 Monkeys, the first two seasons, and then I stopped watching it grab. Very nice says Chicho. What are some policy changes or types of regulation you'd like to see introduced on banks in Canada? First of all, first of all, in banks in Canada, the service charges that they charge, we need to go in there and knock those things off.  Unbelievable. The service charges that banks, Canadian banks charge their customers are insane, insane. Okay. That's the first thing I would do. Okay. Should Jesse venture a challenge Biden and Trump to a match case? Yeah, VCI would be a 100% pro that, right? And Biden and Trump can tag team. Ventura can take on both of them, and Biden and Trump are on the same team anyway, right? It's the same party. So they can be tag team in each other, right? And Ventura can be solo. He can take on both of them. The Expenses is another great sci-fi show. The Expans, oh yeah, Expans is fantastic. Expans is amazing. And Devs, Devs was really good. It finished. Devs was fantastic. The 12 Monkeys movie was fantastic. Yeah. Jesse Fringeur cashes in money in the bank. This election is now a triple threat. The TV show, I see. That gets wild. Really? You think that Graham, you think 12 Monkeys TV show is better? No, I think the movie is better. The 12 Monkeys TV show, the first two seasons were good. And then it sort of shifted a little. It might have gotten better. Can we get Trump to dress like King Kong Bundy? I don't know. Very nice. Yeah, I've had the same thoughts. The server charges are a joke. Complete joke. It's insane. That's the first place I would do it. Okay. So I should short the Canadian housing market. Got it. The Canadian housing market should be in deep trouble. Okay. Really? Like in my area? Like in my area, houses have dropped at least $100,000 in the last year. If a house was worth a million, not worth, but it's a bubble. If it was selling for a million a year ago, at best it's selling for $900,000 right now, right? So anybody that was over leveraged, that bought a house a year ago, that had 5% down, they put $50,000 down, right? And they paid their mortgage for a year, right? On a million dollars, whatever it would be. I don't know what it would be, like three grand, let's say, right? Three, four, three, uh, $945,000 at least, right? So they paid $60,000 in the last year. So they paid $110,000 buying a house that was a million dollars. I'm just running numbers. I haven't checked into these, right? I know the houses have dropped on average on a million at least $100,000, right? So they paid $110,000 in the last year on a house that was worth a million last year, but now it's worth $900,000. So they only got, they don't have $110,000 equity in that house. They got $10,000 equity in that house. And the market is on the way down. And there's way more houses up for sale now. They're not moving, right? Is there going to be an influx of money coming in to buy these houses? Possibly. Okay. And it depends where you are. Alberta is, is in deep trouble. The housing market in Alberta has collapsed. And I don't think it's going to go up anytime soon. Okay. Saskatchewan, I believe, is the same because they, they leveraged everything for the oil sector, right? They put everything into the oil industry, which was a ridiculous thing to do. Bad management. And what have they done in Alberta? I'll give you an example. In Alberta is a province in Canada, right beside British Columbia, right? So BC is on the coast, Alberta is the next one over. It's got the tar sands in it, which is ridiculous on its own, right? And I worked in Alberta in the 1990s doing geophysics, right? So I know about the industry and I know how it's run and stuff like this, right? So they put everything into the oil industry. The oil industry has collapsed, right? No, the oil is ridiculous. The world's run amok with oil, right? Housing prices have collapsed, right? What's, what's the Alberta government doing now? Now, it's basically for the last 40 years, it's been the conservatives in charge of the Alberta government, right? There was a four-year period with the NDP, which are social democrat. They got into power and then they lost them. So out of the last 40 years, at least, it's been 36 years of that has been the conservatives, right? Now the conservatives have come in and they're pointing their finger blaming all of Canada saying, hey, we need help. Our economy is collapsing here and stuff like this, right? So they started selling parks, cutting benefits, reducing funds that they're giving to schools, closing hospitals. So they're cutting, they're bringing austerity hardcore into Alberta, right? Now, is that just because oil prices are down or is that because of mismanagement? 90% is because of mismanagement. 95% is because of mismanagement. They put all their eggs in one basket and they told everyone to swallow the pill, right? Insanity, mismanagement. I love how it turned into fantasy somewhere in the middle. I know science fiction. Do you think there was a coup in North Korea? No. I know when I own property in Alberta, the cash, the crash happened as I was selling my house. So I lost 70,000. Oh, feel like juice. Sorry to hear that. But you know what? Relative to what it is now, you probably got out easy, right? Hey, can you shout out the, no, no shout out. Min, sorry. I learned my lesson when I first got onto Twitch. Very nice. I actually looked into moving to Victoria because I live in Alberta, but the renting situation is so atrocious there. Yeah. What do you think needs to be done to improve the housing situation in Victoria? First of all, it's very complicated. There's a lot of foreign money that came into Vancouver and first into Vancouver and then spilled out everywhere else, right? So wanted to Victoria as well. The regulations they've put in to build houses is ridiculous, right? There's a lot of empty homes here, empty condos here, but right now, very nice. I can tell you this. Two years ago, it was very rarely ever you saw apartment buildings saying room for rent, right? Right now, there's a lot of apartments that have room for rent, okay? One bedroom, two bedroom spaces for rent. So shift is happening, right? Money laundering has decreased. Obviously, the cash flow, global cash flow has reduced, right? So as soon as liquidity drops, which it has right now, the odds are we're going to see a major housing crash in Canada. My guess, unless, unless the rest of the world starts burning and people, wealthy people are going to run and one of the safe havens that can go to is Canada, because if they're well off, then they have enough money in the bank to see them through the hard time. They don't need to work to make money, right? So they might just come here as a safe haven and buy up a whole bunch of property and just sit on it until the world calms down. We'll see how it plays out, but my guess is it's going to crush. Elder God, how are you doing? Graham has been going hardcore, right? There's been some troll action going on. So Graham's been using his sword and Catholic traditionalist is now mad. And we welcome Catholic traditionalist. Thank you very much.  Oh, God. The reform party, right? I've got to get ready for work. I'm glad I could contribute to an interesting conversation today. Thank you, Gina. And I hope you enjoy your day. Thanks for being here, by the way. Okay, peace. Now I ask, very nice to show. Do you think the speculation tax should be increased even higher in Victoria? I think the way it works out, if you have a person that and in Canada in Vancouver, it's ridiculous. So this might not apply in other parts of the world. But in Canada, what we had was basically, it was an international money laundering scheme. People from extremely well off locations were coming to Canada, buying a property because there was no questions asked. So they were bringing millions of dollars into Canada, buying houses, not one, not one apartment, but multiple houses and apartments, right? And just parking it. Empty, right? So there was empty. There was lots of homeless on the streets. People are looking for houses to live in, but they can't, right? So the housing, it was a major housing crisis here, right? And then what happened in British Columbia, where I am, they introduced speculation tax. So all those people that had multiple homes, they had to tell the government what their main residence was and who was living in the other house. If the other house was empty, then they had to pay tax on an empty property, right? So all of a sudden, those people that were parking their money, they realized, oh wow, on a million dollar house, now they had to pay extra $20,000 or $40,000 in taxes to park their money there. So now people are rethinking that and either renting out the houses or trying to sell their properties to get out. So I'm not sure what the situation is. We have to wait until it stabilizes. But as far as I'm concerned, the money laundering was through the roof, right? And once it starts going in the other direction, it's going to go far, right? We'll see where it goes. But I know some people, I heard some people, because I know some real estate people and stuff like this, that people were pulling out. They were selling or trying to find tenants that they could take over the property and they could make sure they had tenants in there. So it wasn't an empty home, right? Catholic tradition is to Allah, God, thank you, brother. Looks like I need to up my creating consumption so that I am up to the task. Nuclear media, should I buy gold or Bitcoin? What do you want to do with either of them? Right? Like what do you want to do? Are you looking into just parking it? Just buying parking? Like what's your financial situation? Are you going to buy something and just leave it alone for 10 years, 20 years, 15 years, and then come back to it? Or are you looking into buying and selling within a year? What's the situation? It really depends on your time frame. Is this disposable money that you have? Or is this money that you're going to need within six months? Very important questions to have, to ask yourself, right? Smith, 15 of my neighboring homes are owned by, owned by vacant. I was shocked when I got here. Where are you located, Smith? And that's one of the problems we had in Canada, right? Those people homeless on the streets, people can't, people who are middle class can't find a place to live in while there's empty homes because people who just park their money. You're in Richmond. Yeah, Richmond was a disaster. Smith, we had family there that sold their house in Richmond two years ago and bought in Victoria, right? I told them not to buy in Victoria because the market was going to go down, but they needed a place to live and they're senior citizens, so they bought. But we made sure they didn't up buy, they down bought, right? So they'd sold their property in Richmond and pocketed some of it, a lot of it, put it in the bank, right? So they have liquid access that they can retire on, live happily. And they downsized the house. They didn't even really downsized the house because the property was cheaper in Victoria. They bought a lower property. So they have property all paid out for and they got money in the bank and they sold out in Richmond. Richmond is a disaster. Richmond is a disaster. Zarre, how are you doing? Zarre, evening, everybody. Chicho, I made it. I made some great comic book purchases. Have one last haul coming in. I'm going to make a video showing you what I got. Awesome, Zarre. For sure, link it up for us and let me know. I'd love to take a look. There's some amazing buys out there right now. Dude, I've seen some stuff go and I'm like, I wish I could buy it right now, but I can't, right? I'm the guy that's going to get free money from the Canadian government. Awesome, nuclear. I hope you're reevaluating your living condition and your job situation coming out of what's taking place right now. Do you have job security? Are you trained enough to and do you have enough work experience to be able to find a job easily after this is over? If not, you better be using this time to retrain, re-educate, acquire additional tools, or make connections, right? VC, Chicho, what do you think about the current situation with First Nations people in Canada? There seems to be a huge problem with poverty, suicide, and government neglect. VC, this is not new. This has been the case for a long time, a long time. When I was doing geophysics in the 1990s, I worked for First Nations across Canada really, in Ontario, BC, Alberta, Quebec. Those are the four provinces that I worked the geophysics I did. So I came across tribes that were very well managed, that were doing very good, and I came across tribes that were very poorly managed. The poverty was insane. What needs to be done? I think we're on the right road with recognition of the crimes that were committed on them. Some people don't want to appreciate what was done. A genocide was committed on the First Nations populations in Canada, in the United States, many places, Australia, all over the place from colonizations from Europe specifically that I know of. So genocide was committed, that has repercussions. But we're sort of on the right track, but the corporations and the government really don't want to fast track that. It's just slow-mo, it's just slow-mo. But I can honestly tell you the First Nations in Canada have more say in their future now than they did 20 years ago. They're building their communities now more than what was happening 20, 30 years ago. So we're going to see that roll out next 10, 20, 30 years. So the First Nations people are going to acquire more and more power in Canada, the United States, and rightfully so. They have proven themselves to be stewards of the land. They have been on the front lines of preventing corporations from destroying land for polluting lakes and rivers. They have been on the front lines. They deserve respect and support for that. So that's my experience from that. I'm in Ottawa, there's no homes for sale here, none. The capitals have a different economy. I live in Victoria, so it's the capital of BC, so it's a little bit different economy than some other parts of BC. Ottawa is a crazy place. My Chinese is pretty good now though. That's a good Smith. At what point in your life should you start investing? And what are some good beginning investments? You can start investing at any point in your life. If you're a teenager, you're 13 years old, do you like comic books? Start doing research into comic books and look at the graph and how the prices have increased in certain comics. Look into certain companies and stuff like this. Make a comic book investment purchase. Put it away. Try it out, right? You can start investing when you're 12 years old because investing isn't about just making money. Investing is about learning how the system works. It's about learning how to do money management. It's about learning who you are. There are people that can handle pressure. There are people who can't handle pressure. Do you want to be in high risk or low risk? All of that is experience. In your first investments or future investments, there will be time in your life where you're going to make an investment something. You're going to lose money. That's experience. So at one point in your life, should you start making an investment? As soon as you understand what investing means, if you have disposable income, if you have a passion, invest in it. Why not? What could the worst thing that could happen to you when you're young and you make an investment? You lose your money. Hopefully that's the only thing you're risking, by the way.  Don't gamble with your life. Sorry I could not be here. I had to work in Pub yesterday doing stock rotation. Hard and solo mode. Oh dude, the elder god. Glad it's over. You must be. I asked you two months ago if I thought real estate was going to be affected. I didn't think it would be like this. I'm looking at really nice property now for under 100,000. Ah nice gram. Nice. Yeah, the real estate was a bubble. Everything. We're living in everything bubble, but real estate in certain parts. Ridiculous bubble. Like if you were not buying into the same market, like one thing people have to appreciate, if you're in a certain system, you're in a certain market, if you sell in this market, then you can buy in the same market. Even if it's when it's bubble, unless you want to cash out, you realize it's a bubble then get out. But if you're upgrading into a bubble market, that could be one of the worst financial decisions of your life. Right? So if you see a bubble happening and you're trying to upgrade, right? Then if it's a bubble, maybe you want to wait a little bit to see what happens. Right? Cheese monkey. And congrats, Graham. Cheese monkey. Hey Chico. Chico used to follow your channel left for a while and recently joined first stream of managed to cash live. Good to see you. Good to have you. Cheese monkey. And thank you for coming back. I've had a few people tell me this. Oh dude, I used to follow your work for the mass stuff. Thank you very much for that. And then now they've graduated working. They're like, dude, you're doing this stuff. Oh my god, you're doing this stuff. Fantastic. And they start following me again, which is fantastic, which is really fun. So thanks for coming back. First time buyer here looking to buy in Calgary. Any advice? Advice. Appreciate it. Cheers. I haven't looked into the Calgary housing market yet. I know it came down. I think it came down. Last time I looked at it like a few months ago. Correct me if I'm wrong. I think it came down 10 to 15%, 20% even. Right? I heard even 30 in some parts. Right? So what you need to do right now is take a look at, especially Alberta, right? Because Alberta is tar sands driven. That's what they bank their money on. Right? So look, if you're looking into Calgary specifically, and I lived in Calgary for a few months in the late 90s, right? And look into it and take a look at what oil is going to do, what the economy is doing. Okay? And what the housing market has done. If oil's going down and they're shutting down everything, and the housing prices are going down like this, they haven't stabilized, right? Then they might have a ways to go yet. Oh, wow. I just saw, what do you call it, uptime? We're over two hours, two hours. Man, we go crazy on these streams. Awesome. Let's go for another 10 minutes or so. I'm just going to scroll down, gang. Scroll down. I'm just going to cast some Cheechos. I'm going to catch up to the chat. Speedy Gonzales style, by the way. Very nice. Are you in favor of the coastal gas link or trans... No, I'm not in favor of the pipelines. I think it's ridiculous. It's horrendous because people don't realize that the tar sands are not viable. Okay? It's not... The world's... I'm the world's flood with oil, and it's going to be a flood with oil for years to come. All pipelines leak. Canada West Coast is built on tourism. It's nature that drives the BC economy. If there is, and when there is a major oil leak, it's going to devastate the BC economy. No, I'm not in favor of the pipelines, not by the long shot. Okay? I'm actually opposed to them in a hard way. Thanks for being a light on this world, Knights of Old Comic. Got to sweet dreams or I hope you have a fantastic day, Knights of Old Comic. Okay, gang. Let's call this a stream. I'm sorry if I missed a whole bunch of chat. My apologies. If there's additional discussion to be had, let us know and I'll put more of these economy, economy, personal finance streams, schedule them in on a regular basis. So if you do want a certain type of stream, go to our Discord page and just post a recommendation there. And if people second in and whatnot, we'll do more of a certain type of stream that you would like. And that goes doubly so for people who are supporting this work through Patreon, who are who have joined YouTube members subscription, who are subscribed on Twitch and whatnot. I take these recommendations to heart and I want to make sure we're providing an open platform. We can have discussions, right? Open discussions, which is one of the reasons for the next two days, tomorrow and the next day, we're doing open discussion on COVID-19. Why are we doing this? Because there's complete censorship on major platforms, right? And while we're allowed to have discussion on Twitch, I would like to have it on Twitch. The video will not be loaded on YouTube but it will be available on Bitshoot. Just giving you guys a heads up. Okay. Aside from that gang, I do share information, post stuff on Patreon. That's where I'm active. I don't put anything behind paywall so you can just follow and see what I'm sharing. The type of content we're uploading. Okay. And if you support this work, if you like what we're doing here, Patreon is a fantastic way to support this project. Okay. We are live streaming the stuff on Twitch. So following, subscribing on Twitch is also a fantastic way to support this project. And if you want to follow this work, Twitch is where you want to be at. And that's twitch.tv backslash chicho live. Okay. And Patreon, our Patreon account is chicho.com backslash, sorry, patreon.com backslash chicho. C-H-Y-C-H-O. And the reason I'm spelling these things out is because we are going to load audio on these as well on SoundCloud. I do announce these live streams on Twitch, on Twitter, Gabs, Mines, VK and LO 30 minutes before we go live. And I do share additional content on those platforms as well. Okay. News and information. As I mentioned, I will be uploading the audio of this live stream and any live stream that we don't have to have any visuals for on SoundCloud. And that's soundcloud.com backslash chicho. C-H-Y-C-H-O. And one of the reasons we're doing this is because we need a third platform to share information because of censorship and technical difficulties and whatnot. So instead of a video, we're going to go audio because I've had a lot of people ask me over the years to create podcasts. So we're sort of treating this as sort of like a podcast and we'll up our game as well as we go further into this project. Okay. And I am going to be uploading this video to YouTube and Bitshoot. Bitshoot technical difficulties allowing and YouTube censorship permitting. Everything will be loaded on Bitshoot as much as we can when we load it on YouTube. Okay. And as I mentioned, there's going to be things that we're no longer going to be sharing on YouTube because YouTube is deleting people's channels if they're sharing certain types of information. We were talking about personal finance and investing and we do have a personal finance and investing playlist and videos available on YouTube and there's videos available on Bitshoot as well. Okay. And we do talk a lot about personal finance and investing and whatnot on in those videos and there's a lot of information being shared there. Okay. Thank you, gang, for being here. Mods, thank you for taking care of business. Catholic tradition list. Welcome to the gang. Welcome to the gang. I hope you use your sword in good faith and well, right? And I hope you keep it sharp. Aside from that, gang, if you can join us tomorrow night at 7 30 p.m. PDT or PST my time, we're doing a live stream on COVID-19. And then we're going to follow that up with part two of a discussion for COVID-19 at 9 a.m. Friday morning. Okay. So we're going to do Thursday evening, Friday morning, one to punch. So total three and a half hours of open discussion for COVID-19. That's sort of a follow up to the data, the content that we're creating regarding COVID. When we looked at all the data since basically late January or mid January, we're talking about COVID, right? We saw this coming a mile away, right? Because that's one thing you need to do. You need to be ahead of the game when it comes to personal finance as to what's going on globally. Aside from that, thank you for being here, gang. Lots of love and I hope you have an amazing evening morning day. Bye for now, gang.