Breaking news alert, that's right. Breaking news alert, you have 48 hours left, 48 hours left before Iowa University's annual membership price doubles. That's right. Right now is 40 percent of all you have to do is use the, quote, freedom at checkout. And you know how we bring in all members, get access to over 70 plus webinars, access to our private investment Facebook group, our breaking bread sessions with a mortgage guy, a financial planning classes were shot and a movie and book club hosted by yours truly.

Look, don't wait. Don't hesitate. Don't play yourself. Reward yourself. Education is the first step to building your family's generational wealth, and you can secure it by using a called freedom at checkout to receive 40 percent off to join UCL University. That's right, 40 percent off for the next 48 hours. We'll see you on the other side, Earner's.

Breaking news alert, that's right. Breaking news alert, you have 48 hours left, 48 hours left before Iowa University's annual membership price doubles. That's right. Right now is 40 percent of all you have to do is use the, quote, freedom at checkout. And you know how we bring in all members, get access to over 70 plus webinars, access to our private investment Facebook group, our breaking bread sessions with Meji to mortgage our financial planning classes were shot and a movie and book club hosted by yours truly.

Look, don't wait. Don't hesitate. Don't play yourself. Reward yourself. Education is the first step to building your family's generational wealth, and you can secure it by using a code freedom at checkout to receive 40 percent off the joint UCL University. That's right, 40 percent off for the next 48 hours. We'll see you on the other side, Earner's.

Dan. Monday looks like Monday. We go now to greetings and salutations. Let's go to the good people. When we go, NASA, ours was going on to was going on. Everybody out there was going on another glorious Monday. What a time to be alive. What a time to be alive. Let's get Iraqian. Yeah, yeah, we got a lot to talk about today. There's so much stuff going on and it was saving it for us, as always.

It's like it happened Monday right before we got the dress. Some big news is just posted it on Instagram. So we're definitely going to talk about that and.

Of course, you don't get a masterclass from Ian, as always, so I'm excited, man, this is this is it, man. It's almost over the years, almost over 20, 20 years.

It's been a crazy year. It's been a crazy year across the board. But we made it we made it through all of us. Everybody that had made it through this green. Not yet, but God willing, we'll make it through was almost over. So let's enjoy let's enjoy the last couple of weeks that we have in 20, 20 days. And always let's plan strategically for for twenty twenty one.

Let's hit the ground running and let's hit the ground running in a few weeks when the twenty twenty one new year starts. So I'm excited. I'm ready and let's get to it. Let's get to it. My brothers, my brothers, how are you doing, my dog? How are you? I'm good. Try and get this camera connected real quick. I wish you would have matched up colors by your film, and I saw good, so good while you get in that situation, it will give you a rundown today.

This week is a short week for us because we are going on hiatus after Tuesday. But tomorrow is a dope episode. Jude, Beñat, John Legend, Juban, one of the funny like I said, that was actually one of the funniest episodes that we've had in a long time. I listened to it last night, Ed, and I was laughing. I laughed the whole time. So shout out to you. But I go to Mugler.

You had to work on Owens around 13 brownstones valued at over 40 million a commercial property in Brooklyn.

And he's one of these guys very that he's funny. He's a funny guy, relatable guy with a ton of information and also funny stories, enjoyable stories. Any time we could, we hit mix comedy and business. We always love that. Like, that's really if we didn't have a business podcast, we probably used to have a music, sports or comedy podcast immediately. That's what we do more that we do that more than we talk about business. We joke all day.

We talk about sports. We talk about sports too much these days.

But this is the new sports. We joke. We still joke a lot. We still joke a lot. That's one thing that hasn't gone away. You say, well, you've been on to this all week, even on fire. Yeah, I'm always on fire. Call me. I mean, the 11:00 o'clock calls, we just be dying all day. Wake up. Same thing. Real Brooklyn. Oh, Brooklyn. Oh, Brooklyn.

There's no shout outs. We're like a spoof shot that shot to to you. That comes out tomorrow, five o'clock and. Yeah, that's that's it for our week down. After that, we're taking a hiatus and we'll be back in twenty, twenty one with some surprises.

Stay tuned brother. Not yet. I'm getting it configured but I'm ready to rock, you know, whenever you guys are ready.

OK, so yeah we got some. We got some. We got some. It's called Breaking News Alert.

We got some, some some exciting to come and crazy season to season. So stay tuned. Stay tuned. The season to Mark on Mondays. We we're going to take this situation to a whole different ballgame. We got some some big some big guests. We got some tricks up our sleeves. So feel this is going to be this is going to put off one of the best tricks of the year. We'll let you in on that a little later.

Yeah. So this is going to be a big show. This is the last market Monday for twenty twenty. Yeah, there will be no market Mondays next week. So that leaves you fourteen days to do your research and watch all the back episodes. We're coming back in twenty, twenty one and amazingly we come in with a vengeance. We come in a major way. That's a fact. That's a fact. So I mean I guess we can go into a presentation whenever you ready and just let me know I'm ready.

No music. So we'll have any issues with you too. Yeah. Yeah. Before you do it, let me just get let me give them the disclaimer real quick so that everybody is on the same page so no one do your own research. Right. You're our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with or independently research and verify any information that you find on our show and wish to rely upon whether for the purpose of making an investment decision or otherwise.

This is a disclaimer for the good folks at Legionary University and the good brother in the lab. Please do your own research. Do your homework. And I promise I won't upset you, so you have to make a Westbrooke faces today and every dollar you finish in every play I got you. Oh, that was classic.

Well, that was funny. That was funny. I'm the same way. Trust me, I was funny.

That was a classic. Would love the shout out to Rusman as my guy shot Rosemary.

If everybody's not in a no go checking his Instagram for like two days ago. Classic, classic. Classic mean big sex. Big sex.

Yes. So you bro whatever you write is not. Let me show you I'm sure everybody on you to shout at everybody back home. Happy holidays if you want to love you. OK. Here we go. Make sure I sound. But I mean, unless. You want to be on YouTube so that you want to be a mark of money because you want to be on it, because you want to be on YouTube and tell everybody, hey, hey, I'm going to make Montana tomorrow Greyman and give me a company that makes computers.

Apple, give me a company or give me a story that you can walk into this publicly traded in.

And what about Target? You can walk on a target. Yeah, anything else you want to say to the people before I let up play that spider man here love you Zanders best when he's been warned to come on market money for weeks.

Happy holidays, everyone. I love you. I appreciate you dearly.

Let's start here. So, of course, you got to sort of post Bloomberg did an article over the weekend where the title was Kathy was his 20 percent returns after after unbelievable 20/20. And of course, earlier this year, we talked about Kathy and how amazing she is. And then a couple of days ago, I posted, like you guys really gigged over.

And of course, Kathy and some of the fans made more than 20 percent off the headline, but.

I was like, you guys get over 15 to 20 percent return now. Because it was stated by Kathy, but Apple gave seventy four percent return, and my initial intention was to come over here, just rent my ass off. And that is, I don't think, the right thing to do renting that would be based on ego. So I want to start this off different and actually with all the information that we've given. So if you were to invest in Apple 10 years ago or five years ago, 10 grand, would it turn into fifty thousand nine?

Fifty three AMD is up 500 percent or 600 percent. But me knowing that these stocks are going to take off is not enough. Let me know what we could have done better that would have induced you to actually invest in these companies if you missed out in March, please type that in chat. I really want to know. I really want to know. Because as being a part of this movement, it's not enough for me to be like, hey, I knew this is going to happen and I know some of you are like, hey, you know, you can lead a horse to water became I can drink.

But if you're on fire and there's a lake nearby, I need to push you in whether you want to go in or not.

So what could we have done to made you induced to induce you to actually take these companies seriously? Because the only path to freedom that we have is actually investing in companies. You can't trade time for money and get their. And second. So I go from accountability for me to you. What caused you to not buy? Because this is one of the greatest decades in modern history when it came to investing.

So if you look at the most profitable indexes in ETFs of the decade, I want to walk through some kudos to Rashon and Zain for posting isn't this over the weekend. But let's just look at a 10 year period of let's start with Apple only danced through a couple. So if we go from 2019 excuse me, 2010 to 2020, 10 year, look at this return. Look at this return. We are looking at. Almost 100 hundred percent return for Borneo, Apple for Borneo, Apple looks like another one of the top companies of this.

Decades. So let's go down and look at percentage and let's go scrutineer. Amazon is right at seventeen hundred percent return over a 10 year period. Let's look at Tesla. I think we all can agree. Hands down. Kudos to stock club members that are still holding this. While I say buy and hold first, first and foremost, look at tenure over a 10 year period. And Tesla was not an easy whole. Tesla was not an easy hold.

Talked about a base before and Tesla state within his range for those that were in it for a long time, whenever it got to the high end, dropped off. Fifty percent literally from the heart. And tonight, once I go through the presentation, there's a key lesson that I need you to know, regardless of what it is you want to invest in, that you need to apply.

And if you do, you have a 90 percent probability of making gains out of the market. Protesters up ten thousand percent, ten thousand one hundred percent. Amazon, six hundred percent. Kudos to my God, Ty.

This is one of his favorites. It's been slept on for a long time. And I talked about enough Lululemon. Let's look at a 10 year Lululemon. Is up eight hundred and sixty one percent. And let's go to the final one that we've talked about before and video, if you didn't invest in these. Did you go look at the five year and 10 year returns on them? Look how much invidia is up over the last 10 years, and even if you look at five.

Through times of great. OK, so let's recap the year with some of the top ones, of course, and let's just look at one year. So, of course, Apple done absolutely amazing. And let's go one year. And click percentage. And we can see Apple is almost at 100 percent return for the year, 80 percent. The companies that are great are going to remain great for a long time. Let's look at Microsoft, 42 percent for Microsoft.

Let's look at AMD. So a lot of times I know you got to start when I was just saying Microsoft and Apple, that was given away picks that had no value. That's not the case. One year AMD. One hundred twenty six percent and of course, Apple now making their own chips. Microsoft is now making their own chips AMD. Great invidia, great. That puts the squeeze on until the second video one more time.

So this is a part and Troy is going to do an amazing segment about how to do your homework, but 127 percent and one that a lot of people slept on that I gave away this year, that is not talked about enough. If you look at the 10 year Mercado libraries, up 2500 percent and year to date, 200 percent return.

To once again, what could I have done to induce you to make you hold these? And then what could have been done? On your end to make sure that you were in the right companies, and that's why it's very important to silence the noise. The Bloomberg article, I'm sure you guys saw it, a guy became a millionaire off of Tesla and the key point is we all can do it. Please write this down. This is the biggest lesson of the decade.

Biggest lesson of the decade. Regardless of what you believe in. And even if I don't like the stock, this lesson will apply. Hold what you believe in for ten years. I don't care if it's Krypto. I don't care if it's marijuana, whatever you like, as a investment holder for a 10 year period. I want us to stop flipping. A 10 year period, because if we look at some of the biggest companies, if they are good, they are going to do well over a long period of time.

Companies that are not doing well, you can see. Over time, they end up falling apart. Time definitely reveals all. So if there's a company that you believe in, I need you to hold it for 10 years and if you're going to do that, put yes and. And let me walk you through a portfolio, so I posted this on IJI, and I want to show you guys here in more detail. So let's say I take the top tech stocks that I believe in and I put ten grand in and I just equally balanced them out and say we do a 10 year period, we'll do Apple, Microsoft, Amazon, Tesla, and we do twenty five percent of each.

Look at what the returns are. So there are broken up, so you would have started with 10 grand. Your final balance will be three hundred and sixty five thousand dollars. Look at this, though. The next drawn out of the match you with a loss was negative 17 percent, negative 17.

The worst year would have been six percent doing that. So when you guys are looking for these ETFs and you're all in and you're hunting, it's like, OK, great, but if you just put forward together, you can do pretty damn well on your own.

And look at these returns analysis even to look over a five year period and do the same thing, 20, 15.

And let's analyze and you can see five years, ten thousand, would it turn into one hundred and three? Now, let's play with a little bit more money, unless we go from 10000 and we go to a hundred thousand, what that looks like and even if you don't have one hundred, I need to show you so I can stretch your money. You can see now one hundred grand would have turn into one million. OK, and then if we go look at.

Ten years. One hundred grand would have been three point six, and then for those you that have deeper pockets, let's look at if you have a million bucks. And you're in just five years, almost No. 10, keep the team going. A million more to turn to 36 million over 10 years, and then if you look at a five year period, period. And the best year was 180 six for me, a test of courage, a step out of your comfort zone through the huddled masses and polite along the awaiting water testing, the resolve of the uninitiated, the first contact, the sudden shriek, the flurry of expletives, the realization that stepping outside your comfort zone is grand, but stepping back into your comfort zone is much, much better.

Bring warmth into your home with our range of heating products board Nimona. Let's be honest with ourselves, this won't be a normal Christmas, it'll be a little smaller, a little quieter, and many of us are going to miss people we love. But you know what? Everyone will find a way home, whether they're sitting in front of a Zune call or a Christmas dinner, they don't feel the same thing. I love that phone, which we know you have enough to worry about.

So we want you to know we'll be protecting your home 24/7. Merry Christmas from phone watch. Seven point sixty five percent, so, of course, last week we talked about the market is only down twenty four out of one hundred and ninety five days, that's eighty seven point seven percent of the time the market is up. There is no reason to be afraid if you're holding for long term. The only time people should be getting afraid of stocks is if you are in bad companies or you do not plan to hold for long term type.

Yes, and chat if you. Regret selling off some of the stocks that you had this year. And I know some of you and kudos to my guy, a lot of you are going to say, hey, well, great, this was a great year. Let's look at two year returns and let's take out. Twenty, twenty, OK, as of twenty, eighteen three, twenty, twenty, and let's look at what ten grand will get you what the same kind of and you can use the same same formula and see.

This is two years. Twenty, eighteen, twenty, eighteen to twenty twenty. Look at that return. OK, that was her. I need you to hold please type and chat while you are afraid. To hold and let's pick some years that were not prime as well, so that's fair. So let's say 20, 11 through 20.

15. I don't think the returns are. Large drawdown, how much would a loss, 13 percent would have been your worst year, but you still would have started out with 10 grand and made forty seven thousand four point seven X growth. That's amazing. Please type in chat, long term investing is the wave. A lot of people tricked you out of your spot and told you that you should be a long term is boring.

It's not. It is not. The biggest mistakes I saw made from this year, so I'm going to post a couple screenshots that I saw. Thank you guys for posting this, not investing in top companies from the very beginning of the crash. What I want you to do is go look at the top 10 crashes. Over the last 200 years, and I want you to go study them. In this modern era, you've got to look at tech and pharma, whatever industries that have been decimated by the recession.

So in 2008, it was housing, it was consumer things. It was residential. Those bounced very well. This crash is going to be this crash is different, the next one will be different as well. So I want you to prepare now while the crash is over, because when you're in the middle of the storm, in the middle of the fire is really hard to prepare and to know what to do. Number two overtrading. Type and I will stop overtrading.

And 20, 21. Because I do not want to sabotage myself. I said, again, I will stop overtrading in 20, 21, because I do not want to sabotage myself. Number three, not investing more if this is your first crash, I get it, but never let this happen to you again. Number three, not taking advantage of the information presented here because it's free. Just because it's free doesn't mean that is not a value.

We came here every week to give you the best picks, the best insights, best analysis, no. Five day trading with no plan. It's a death sentence, but we've all done it.

It's one of the most crucial ones selling long term investments to trade. This is the formula, so if it's your first time listening, write this down. If you've heard this before, write it down again, but actually apply it. I love that name that's going around 2020. You learn 2020 what you want when you want to apply. Twenty one starts at. Invest the first. Long term for 30 years. Then swing right, then short term investors, some of you will call the intraday trading has to be in the order of 80 percent of your money should go into long term, even if you don't have a lot otherwise.

You're going to be asked how I wanted to give you some examples of the economic moats that we talked about so high switching costs, Apple as a prime example. So if I go to an android and I now lose my I can learn to understand Apple Watch and everything in the ecosystem that I have tied to Apple don't like that.

That's one thing that keeps people fenced in to network in effect. So I message in the as a small social media platform, Facebook at his prime was an example. Instagram is an example of that. Tick-Tock as well, LinkedIn and YouTube, intangible assets. Tiffany and Nike. Any brand that makes you feel. Like royalty. Important or loved as an amazing intangible asset, no, for the pure value of the brand Apple, of course, Amazon, the Yankees and L.A. Lakers have high brand values.

The brand alone is worth billions. So when you guys are asking about other companies in comparison, if they don't have high brand, high brand value and people will not be dedicated to them just because of the brand alone, that's usually not a good long term investment. Brand loyalty, Amazon, Apple, Netflix, Jordan brand. I think Jordan probably is the greatest example of being able to repurpose the same product and different variations and still have people dying to have them.

It also goes back to the brand being the best, the reason why Jay's also sell the best, because Mike was the best player in the modern era, high retention. So Zappos for employees. And then you have to look at T-Mobile for customer retention. Rest in peace. Tony Garozzo. But T-Mobile has a pretty high retention rate for customers and write this down. There's going to be one of the biggest gyms that you. That I want to give you as we wrap up for the year, and I want to thank you guys for being so amazing and all the support you guys have shown to me.

Richard Troy, Red Panda Fam. I love you. Sniper fans. Love you, Apex fan. I love you dearly. I need you to look at this.

I need you to compare. What the ratio of gains are in a company, so write this down ratio of gains. And the company. And I need you to divide that by the drawdown, max drawdown over the last five years. And I need you to divide that. If the risk to reward ratio is great, that tells you that you can then invest in a company, if it is not a good one, then you have to let the company go.

So, of course, if you guys are at money after the game, you already know five to one is a solid reward to risk ratio. But ideally, you will want to go higher, you want something that gives you a higher return than that, so on the years that it loses. You don't have to worry. You don't have to fret. OK, so divide the gains over a five year period divided by the max drawdown. And if it's under 10.

You should probably let it go, the Fed announced they would not be tapering its asset purchasing program until further progress has been made. It is basically saying that the economy is not fully recovered.

And thank you, Ruby, for for sending me this, here's the thing, they are going to keep interest rates low to 20, 20, 30. Until then, banks are probably not the best or first asset class you should go into for that reason. Once that easing is over, banks will be great. If you want to position in early, you can OK. And then once again, Nikola Tesla. Amazing. And a lot of you have been sending me this note about Michael Burry Short and Tesla.

Here's what I want you to know. I love Michael Burry. I love the Big Short. But when you are looking at a position that someone else is taking, you don't know what their parameters are. You don't know why they're getting in. You don't know when they're going to exit. So I know some of you are alarmed by it, but if you don't know when he's going to take profit. It shouldn't be your plan, it shouldn't matter.

You're going to have to learn to drown out the noise of everyone else and just follow what is best for you. Of course, some news can give you an edge, but truth be told, more often than not. When you guys are looking at all this information is is hurting or gains. Turning against the only thing I want you to look at is did this make me more money? And Ruby, thank you for sending it to me, are the decisions that you are making based off this news, putting you in a position that you want to be in?

If not, you have to let it go. And it's. I made a while ago, but I think it was timely, I think it was timely in the middle of a recession, you have immense opportunities and I'm not saying to invest in penny stocks, but when you have an incredible opportunity like we did in 2009 and no recession will look the same, no drop will look the same. You need to know the areas you want to get in and advance your homework for today.

I need you to write down if the entire market fell apart, what are the top 20 companies you would invest in and where would you get in? As we wrap up, I love you guys keep a five year focus on your portfolio. Kudos to Jeremy for this post about showing how much you would have had in monetary value if you would have bought the Tesla stock instead of the actual car.

And if you have a truly diversified portfolio, even though the state's most controversial, you're not truly diversified, you're not.

You want concentration and you always feel like you're missing out on certain moves of the market and not you got to index fund, you have exposure to everything else.

You have exposure to everything else and stop letting people tell you that index funds or index based ETFs do not pay a lot. That is not true. It's not true. You can go look up this information yourself. So before before we leave, let me just show you one more. At the one year for VTI, VTI, right now, that 20 percent return for the year, we can see the hell out of here. And five year, one hundred and six percent.

Sometimes these people that you're listening to who are telling you to do different things really just don't want you to get any gains.

They want to trick you out of your spot and want to trick you out of your freedom so they can have access to you and control you, manipulate you. I want you to get the gains that you need and never need us.

Type in long term investing is the wave, and so many people spend time analyzing what the one year fund level flows are, but if you go down and look, scroll. You need to look at the net fund flow versus the category and what the trajectory is, anything that you're looking at. You need to look at at a 10 year period, one year does not give you enough perspective. Some of you are being tricked out of life changing amounts of money and freedom because others are trying to control.

How you invest. Safety first, we are in a new decade, January 1st, urban new opportunities, new chances for new gains. I want to ask you a question of the week for you. What will you do different from twenty twenty one to twenty thirty one that you did not do this decade? So there's a chance I could turn it around because it's not about the content, it's not about how things are presented and laid out as how did you execute?

If you were happy with the gains for this decade types, if you were happy with your progress type, yes. If you worked. Type No. Short term investing lesson of the week and kudos to the snappers for an amazing session for sniper.

And Chad, I love you all. Y'all killed it this morning. Short term investing lesson of the week. Most people are better at stopping that twenty five trade on the year.

If you hit your target twenty five times, whether it took you four weeks or took you 50 weeks, what percentage would that be and what dollar amount?

What you have. Chart of the week. It's really important, the most important chart we've ever covered. What do you want your life to look like in 10 years? Literally right in. Especially everybody in Red Panda, 10 years, what do you want your life to look like? Because I want tonight to be a catalyst for that Season two is going to be fire, but. The information is only as good as execution that is applied after. What I wish I knew before the balance is needed and any.

Time that we put business before family and friends is a travesty and a grave mistake. So in 2001, I'm sure a lot less, I'll still be here and I'm still going have you guys on fire. But I've given what I needed to give to help. But now I want to spend more time on the things that I love and only follow the blueprint that works for me so I can give you guys more of what you need to be able to succeed.

Unpopular opinion, you don't need more information about investing. Everything is there. You can go do all the back testing. Portfolio construction. All that at some point you have to just say, I'm tired of this, I want life to be different, I'm going to buy. And I'm about every month type in Chad that you buy every month. Did you take advantage of this crash because while some people were panicking, this had a chance to flourish?

I want to tell you, I love you from the bottom of my heart, I appreciate you dearly. Type in Chatwal was the biggest lesson that you learn from market Mondays this year, if you have not go watch the first five, we gave you the blueprint on what to do and the companies to invest in. It is now up to you to decide what 20 21 through twenty thirty one will look like. You can do whatever you want to do with the best structure as the Holy Trinity long term.

Invest first for 30 years, then swing. Then short term, invest and don't change that order. I love you guys over and out. There you have it, this guy that you haven't seen in Dunlap out, brother. I appreciate you.

Whoever the CEO of Mevo Camera app is, if you do not call me by tomorrow.

My God, they got they got the camera cut off again, like the dirty man. We're going to hold it down, Miguel. This is what it is. I know the ladies are disappointed. They can't see.

They want to see what color you want at any one they want to see. We're only one day. I don't know.

The shock troops have been shot and struck. Hard to get the Dirigo anyway. So good, but not great.

Great. Great presentation. Thank you. Everybody got a lot of value out of that. And thank you for that.

For sure. For sure. For sure. So before we eat, before we go into the next segment of question and answers, I wanted to talk about some breaking news that broke right before market Monday, a couple of hours before Apple, the Big Apple Apple.

We talk about Apple so much. And, you know, Apple is one of these companies. I like one of these companies like Amazon, where they charge with everything. So, you know, Tesla, of course, they were going to have some competition at some point. We talked about Mercedes Benz and BMW partnering up to develop a self-driving car. So now news broke that Apple is actually working on it's actually been working on self-driving car technology and plan to roll out a self-driving car in twenty, twenty four to be working on it since twenty fourteen.

Yeah, the project is called Titan. The Yeah. The High Court in the strong name the AI car.

The project is called Tight End. And everybody that's you know, sometimes it's hard for us to imagine things. But, you know, I just I put the post on a shot technology. I posted it. Where are I believe is Wal-Mart. Wal-Mart is developing currently right now. Self-driving trucks is already awesome in some certain cities. Obviously, we know about Tesla. This new way of driving is going to be here where it's not going to be. Gasoline is going to be electric and it's going to be self-driving autonomous vehicles.

We cannot fight the way. Even in episode three of our ILIJA over a year ago, we talked about WAMMO and Uber.

That was seven seven because we're talking about Airbnb so that anybody who's not familiar, Google and Uber, had a huge, huge fight for a long time. They just settled it like last year where Google has a self-driving car. Well, they had a self-driving car technology company called WAMMO. I believe Lamell is now independent now. I don't think they're part of Google anymore, but at the time. So what happened was the CEOs of Google and the CEO of Uber were real cool.

They became real close.

And it's like the businesses, like the streets, me trapped, trapped, would appreciate that they became real close. And what did the CEO of Uber do? He stole one of the top technology engineers from wammo come over here, recruited them to Uber and they took allegedly they took thousands of files all that way more was developing and working on and brought them over to orbit like some real espionage. So Google ends up suing Uber and they actually settled out of court.

And a little known fact, part of the settlement agreement was that Google owns a part of Uber. They own two hundred and forty five million dollars, not the largest like point three, four percent of the company. But that was part of the that was part of the settlement. So that's interesting. Here's what I also want you to recognize. Right. So we could talk about Google coming up with self-driving car. We can talk about some driving autonomous semi trucks and pickup trucks and Tesla's cars and Apple's cars.

But I want everybody to really pay attention. Right? All these cars need technology. And so if you have your notepad, I want you to write this down right now. Look at our technology.

Does it say that a glider like this great game, free game, no notepads ready for game alert? ELIDA Oh, so it's 3D image and what they do with it, it's a light detection and ranging sensor. And so everybody has a priority. If you had an iPhone twelve, you see the three cameras on the back, but there's that little black dot. And so that's lot of technology. And so, like, if all these companies are coming out with these cars, then they're going to be using that technology.

So I can give you two two stats and do your homework right now.

Well, after you watch Marketization, people ask like, yo, yo, what's next? What's next? Like I said, I said the the stuff in the past, I said Moderna. Yes, said Zuill. But we forgot we wasn't paying attention. So what's the next what's the next wave? Watch this. You're going to be so proud of this. All right. So write this down right now. Company. Below duyen ticker v l d r w Peladon, I want you to look what they've done since that announcement, that Apple announcement.

Look at what the stock has done after hours. Also, look at luminaires ticker. Elorza are Eleazar Luminol, both in the light of technology field. Both have gone up over twenty five percent respectively since four o'clock today when I know you held us from me when we talked about this.

So when you think about what's next, right, it's like you'll always use the analogy I think is still when Trepp told us he was like and for everybody digging for gold, somebody's got to sell the shovels. Well, if everybody is building these vehicles, somebody is going to have to sell the technology. And so please keep that on your watchlist, keep an eye on it and do your homework on it. Please, please pick it up on Facebook and then end.

A lot of people are a lot of people, you know, they have a theory that it's like self-driving cars are really, really dangerous. But if you really look at it, do some research and one point three million deaths, one point three, five million deaths worldwide in 2016 because of car accidents, two point four million injuries, car crashes, two out of three people will be involved in a drunk driving crash and sometime in their lifetime. So.

People have concerns about computers driving cars, but probably people are way more dangerous driving cars and computers for a variety of different reasons. Computers don't sleep, computers don't drink alcohol. Computers don't touch, smoke or use drugs while they're driving. They don't do a variety of other things that would take the distraction or behavior high risk behavior while driving. So I set out to say, no, technology is perfect, but let's not just throw the baby out with the bathwater and just automatically assume that this is a dangerous situation and that we like we can't do it because you're literally your life is on the line every single day that you go outside.

And drive is one of the most dangerous things that a regular person can do is drive a car. So would you take that into consideration? And whether you like it or not is going to come as everybody in the world when you see all these Apple, Google to everybody working on this technology, if you look at the top five companies in the world or all of them have pretty much a plan or have already created the electronic vehicle for electric vehicles.

So, no, no, technology is perfect. Of course, they don't have to work on it. But like I said, nothing is perfect. I mean, this human error and everything that we do. So be prepared for it. And like Joyce said, I'm sure there's a variety of other companies to even like the electric gas stations start popping up more and more. We'll see more of those. So, yeah, these are all things that we talk about heading into twenty, twenty one, looking forward into the future.

A lot of these companies that have already been strong in the past will continue to be strong, but then they'll be new start up companies and there'll be new companies that you might not have heard about that will become strong companies and those companies have capital and they will spend to make sure that they have the best product.

So there's going to be people that are creating parts like the two I just mentioned that are going to be popping up. So just keep your eye out. Somebody's still asking what's to take a v l d r w e how do you how do you feel about this whole apple cart technology situation?

I love it, but I'm not getting into tavern's. Troy, what resources did you look at to ascertain these tickers? These are good men right hand. Go look at whether that secondary spot we get in. This is a hell of a laser. Nathan, why don't you tell me about that? So, yeah, I'm in this crazy thing, like we don't give it all away. So like when people ask, what am I reading every day?

Like, I'm reading every day, like like our group that knows like I might not be texting because I'm reading. I'm always reading. And so that information, it just came across. I was still doing some research and I'm actually a little bit and I saw it pop up. I said, oh, oh, well, I said that the study right away. I said, Bro, he said, game changer. We've got to cover this.

I definitely love what Apple is doing for context for everyone else. Listen to the top five. Companies are not looking to be the best in a category. They look to dominate the entire world. Bad companies want to stay in the space. Great companies want to invade a whole bunch of other like. Look how many watch and five or six years do not be surprised if Apple. Takes over. Robin Hood is a fintech company. We're going to call me crazy.

I'm a laugh right back at you in five years. And from my understanding, I got some more research, but they might not necessarily even develop a car to work on a technology like they already have. Apple Play, which is in pretty much is compatible with almost every car. So imagine if Apple is saying, like, you know what, we don't even want to cause we just want the technology here, Volkswagen here. Now, we can cross promote each other and want to partner with Apple and see who we want to be.

The first car company to say we rolling out Apple's new technology for self-driving car testing program with Volvo. The Titan program with Audi like that would be crazy. So Apple always got rid of this lead. And think about the revenue stream.

You know, you got products, services, iPhone, iPad, MacBook, wearables. My headphones just came in. I sort of rolling down the new dinnerware across the Macs, the Macs, the overhead joints. So, like, you're just adding now to the revenue stream of a company that was at two point two trillion. Yeah, well, this company in I like you said last week, you need twenty four streams of income. So you look at a company like Amazon, they got a million streams of income.

So Apple no different. So, you know, it's just it's something, it's something to be aware of. But technology and technology will be here long before, long after we're gone and it's only going to continue to evolve. So we head into a new decade, just a big we headed to a new decade. So we got to prepare for it. We got to pay ourselves for our families for it. And I'm excited. I'm excited. We want to show you.

Can we do something and can we do so? Of course.

Yozgat, please hit the Lakeway like button. We got a question of a day in orientation. Shout that Jennifer holds an orientation. I popped in and I gave him a little sneak peek. And the question was like, you guys always do your homework, do your homework. Well, what is the homework? And so I was like, you know what? Maybe we should put him in a little bit on the homework, because when you see how much homework has to be done, you realize, well, we not we say don't pick forty five companies, don't pick one hundred companies.

You just can't do the in-depth homework that you need to. And so it says we talking about this great company, Apple Amersham, my screen here, we put the caps up in the indigeneity. I can see I can see the screen. We wanted to end the year with a bang. So we give in on a lot of jewelry, a lot of free game giving out Kwanzaa, Kwanzaa gifts.

I see what type of time I was on.

So when I saw that article, I mean, this is my screen. Like, we we're going to play games. This is what I'm looking at a come to this this site right here. Thumbs up. If you can see if I know if you can see it. Site is called Estimate's Estimates. You can see it right up here. Estimate's right. And this is something that I use when I'm doing my homework, when I want to see the potential revenue or earnings per share of a company.

Someone walk out to this estimate, write this down, put this in your notes. We're going to go on a journey right here. All right. So obviously, I put in my search here, Apple, this is a company. And so on this site, we have over thirty three thousand people following it. There are analysts. So analysts could be retail investors like us or there could be some institutional investors. However, it is there here there's almost eleven thousand.

This is the top analysts. Right. So this person has based his research and created an estimate that has come back at a high percentage. Right. And so I'll explain that in a second. This is the next part here. So like every Monday at nine o'clock, I'm telling you, the earnings. When's the next earnings? When's the next earnings? Well, I'm not just picking that out of the air. I'm literally watching the calendars here.

Right. So this tells me that Q1 to twenty twenty one the first quarter, twenty twenty one, that's going to be coming in about forty two days, 19 hours and twelve minutes estimate. So it should be around February 2nd, maybe in that week for Apple's earnings. So let's go through some let's do some real research here. Let's do some, some real crazy. All right. And so when you get to the site, you're going to see this EPS.

And for those of you who are not familiar, I know a lot of beginning's EPS and I know it gets scary. That is earnings per share. And how it's calculated is the profitability of the company divided by its outstanding shares. That's teachable right there. I'm giving a no to EPS earnings per share profitability divided by the outstanding shares in the company. Right. And the revenue is how much the company took in. And so when we look here.

The higher the EPP's, the more profitable and so Apple, we're looking at first quarter, right? Twenty nineteen. This is also true if you want to see what a company is going to do, look at this past performance. And so this is first quarter two nineteen. And so we see what the estimate is. Despite all these analysts said the earnings per share would be at one of five. Wall Street said one for Apple actually did one of five.

Right. And so it kind of beat Wall Street's estimate. That's Q1. I want you to remember Q1, Q1, Q1, Q1, remember it? Remember it. Well, we won't come back to it in Q2 and we can track it. Estimates the site said sixty one. Wall Street said fifty nine. Apple actually did sixty two point six to. Right. And so we look at here, we're going to look at Wall Street because, you know, those are the big ones, right?

We'll look at Wall Street and actual. And so we got Q3 at fifty two. Apple did fifty five. Seventy one for Q4 and Apple to seventy six. Always beat Wall Street's estimate for the year of twenty nineteen. Let's look at Q1 and Q1 again. I want you to notice something. Right. His best quarter is always has been Q1, right? So if we look at full 19, we've got one to four. We look at fall 20, right.

We got one 13. So year to date, we've seen some growth here. We've seen growth rate from one point one to four, one point or four to one, one three. We've seen some growth. OK, let's look at quarter two. We have 56 Wall Street estimate. It was that sixty four, so it actually beat Wall Street's estimate and in Q3 was fifty one and it beat it again and this is Q3, so this is Q2 and Q3.

We have Korona in here is starting and it's that things are getting shut down, but they're still making profit because they have amazing products. Right. When we were in lockdown, people were buying devices, more iPads were sold, more Mac. So iPhones are still being bought. Services were still being provided. And so his Q4, they are seventy one and they did seventy three. And so Q1, I remember I said Q1 of each year, its strongest quarter.

Why? Well, Wolf, we know Apple. We know that Q1 reporting has to do with its holiday sales. And so when we look at the holiday sales, we know IMAX is being bought. We know iPads being bought. Same thing this year. However, it's a little bit different because we told you on market Mondays that they did not include. They did not include. The iPhone 12 and its reports, because it got delayed this year, so they have to add that in and so we went from one point one, three to one to now and Wall Street estimate of one point three, not earnings per share.

Right. That's projected 10 percent increase. We'll see what happens. That's just the earnings per share. But here's the revenue. Here's the revenue. We'll see the revenue. Well, I don't do that. What was going to happen? Was going to get. It's going to I can't live with it, can't live without it. I know now we're going to get. We've got it. You do everybody take a chance real quick, take a moment to like the video, please, and share with your friends.

If you've gotten some value from this today or this year, please share your Instagram stories teleprinter.

Tell a friend we're just getting started is it's going to be a glorious twenty twenty one. I was going to get me. They didn't want me to be great. What are you looking for, revenue numbers? Yeah, yeah, yeah, actually. No, let me put up on my back a split up of Iveco. You always got the always got to have a backup and so. Hopefully, estimate's comes back up, but we'll switch over. Well, we.

They go. All right, so now let's look at the revenue and so I've been telling my boys, like enshrouding to tell you, my brother will tell you, Spencer tell you, Jamal, to tell you for sure. I'm like, yo, I'm huge on Apple. I'm huge on Apple. Like, I love it. I love what they're about to do. I know the products. I know what's coming down the pipeline. But I'm also going here to look at Q1 because that's the next quarter that's coming.

So if I look at fall 19, I'm looking here. Eighty four. This is would it be right? They actually were right on target. So Wall Street's estimate. Apple performed first quarter, second quarter, we went down to fifty seven, fifty three. We can see that relatively in the same ballpark. But look at Q1 again, right. Q4 was 60 to Q1. We went up to eighty eight. So Q1 19, we were 80 for the Q1 20 were up at eighty eight.

So this relative growth there. Right. I told you the higher the EPS, the more profitability of the company. And so let's look at Q2 into twenty twenty. This is Karen time we see this. Fifty four here. Fifty two. We see growth. I want you to pay attention to this. I want you to compare Q1 twenty twenty to the estimate for Q1 twenty twenty one. Look at this growth. Wall Street is estimating 88, they had 88, Apple the 91.

Wall Street is estimating one hundred and one point six. The chances of Apple hitting this number are getting close to a. I like the chances of it, right, and the high probability of it for a number of reasons that we just said before, we know some things were not part of the cue for reporting No. One being the iPhone. And if you look at all the reports. The iPhone 12 is outselling all its predecessors, right? They had products that were released in this fourth quarter, they had to do the service that the health app released.

Now, the new headphones were kind of late in the quarter, so we'll see if there's any revenue. And there was a huge back order. But back orders can be looked at two ways, right? Because, like, great, but they don't have revenues for that quarter. But guess what that does. That just means in Q two, when they have enough supply, the Q2 numbers are going to look pretty good because all those backwaters that came in during the holiday season.

So the profitability for this company, in my opinion, on probably the best company is very high. And so this is just one piece of the homework pod. And I'm talking about when I'm like, do your homework, do your homework. We're doing we're here doing this. Right? We're here doing this because it's important. Right. Let's go ahead. And what's up? You see me?

You killed a man. I know. I was here.

You got you've got to liora. You've given them. You give them the whole. Now, I'm just going to show me one last one last thing.

One last thing. Come up your mestizo. That's the start. Well, that's that's us. OK, so I said choice, we get a lot of checks as we do. This is Matt. Matt, Matt. Mike. Don't don't text anything crazy, man.

If you take something crazy, I can't save you as great as I should just be easy so that I can't save you. And so I was telling my team I'm like, yo, in a chair, your bro. I'm looking at these numbers for Apple. I'm looking at that RSV. A trap. Had a great conversation this morning. Your what's your outside number? And it was crazy because we said it at the same time. If you look down here, this this is the answer.

And that's the relative strength index. Right. It tells you if a company is oversold or overbought. And so I like my number in between. It's crazy. We have the same as I think thirty five to fifty five. And so when I looked at Apple and I'm looking over here at sixty, I think I was over here when I was calling you. And I was like, yo, bro, I was right here, right here, December 10 on my yo, it actually is under 60, it actually is at 56.

I hit them up like, yo, it's a good time. It's a good time. Plus, I see that the bands have constricted, which means. Right. That that is going sideways for a little bit, but it has a chance to get on a run. Right. When we talked about the bands, when you see them expand like this. Right, there's potential for a run when you see movie sales and contract contracted. It's going to be a little studying of the stock, but I looked at it here and I said, look, man, we have 56.

This is a good number. I like this number. And then we went up. So now you can see that the RSI has gone up, too. And so when I'm looking at it, this is like part two now, my orientation people, because I'm give them the rest of Yahoo! Finance versus Yahoo! Finance, my orientation people. I was there. I gave you a little bit more. But we're going to do so when we talk about homework.

This is the homework. Now, imagine you're doing this for forty six companies, and that's not all the homework you see up here. The cup of my arms is real. Could you see up here. Right. These are all the tools. These are all the tools that I'm using and that's for every company. And so like when we're talking about a list, I'm like, oh man, 20 is tough. So I need to do this much of an analysis to see if this is even worth buying.

Then I got to do a shot. He called me like, yo. What? We got that as another ten to the list. And so, like, this is part of the process. This is the homework. What we talking about? Do your homework. Do your homework, because we could tell you. But when you figure out your why, it makes it even more important. So what I'm what I'm saying and they get to see it because he's a harsh critic.

You don't ask me a thousand questions to make sure this is a good position, which helps me because I got to dive deeper into the research. This is why we say so. Number one, do your research by number to get you a partner that is going to question every move you make because it's only going to help you in the end to deepen the research and have more in-depth answers to kill a deal.

That's what that's what I try. That's what you're more strategy here. So I say that's what he was trying.

I tried to kill a deal every time. Yeah. I appreciate you have a lot going on with us. That was our homework segment. I was incredible. Big, big caps in the chat for us. If I can add one thing, I want you guys to look at Apple. Give me the five year sarteano index rating and then tell me what the ratio of revenue divided by net income is. A good company will have a minimum of four in terms of that ratio.

And everybody put up some fire emoji for Troy because that was incredible. We're going to go fundamental heavy.

I'm I'm not on every oh rider go crazy. Adam Schiff. That that was incredible, man. I love that. But that's what the conversations are like. And I want to tell yeah, I'm proud of you, man. I'm proud of you. I want to say that publicly because Troy actually is an inspiration to the average person out there. He didn't he didn't have any background in business or investing. He was actually a school teacher for up until this year and physical education, physical education and health school teacher.

So it's like, you know, I'm saying it just goes to show you that you can master whatever you put your mind to once again. He doesn't have a business background. He doesn't have an investment background. He comes from a background of education in the school and the public school system. So, you know, sometimes we think like, oh, this is Ian. He's a master investor, like I'm saying, like he's been doing this shards of financial advisor.

But but anybody, literally anybody can can become good at anything that you want if you commit to time and you dedicate yourself to it. And he's a perfect example of that. Maybe he's extremely knowledgeable and he's very, very committed at improving his education. And he's done that. And he's a fast learner and he's teaching us he's teaching us a lot of stuff as well.

So know it's good kudos to him. And he's going to he's going to be teaching a class. But, you know, that's another thing to like. Sometimes you got to get out to a comfort zone.

I've been pushing him for weeks to become more vocal. So to show more stuff, to say more stuff. You know, he's more of a you know, he's in a cut. He's more like a laid back, Bob. And I ask, good question. Have I've been pushing him to get out of his comfort zone? He's not on social media. He don't really do that. But that just goes to show you, too, that, you know, sometimes you can get out of your comfort zone and become uncomfortable and and it works out.

It works. So that's that's a that's a good story to highlight for outside of business. Just life in general. Never doubt yourself, never limit yourself. And you could do anything that you want to do as a fat man.

And it's encouraging to me, like I said to the people yesterday, Charles, everybody was what yesterday in a book club. I was like, look to my neighborhood. I am Ian Dunlop tomorrow that I am Wall Street rapper. They don't have access to them, but they know that they have access to me. And so that's important because everybody does listen to this right now. There's somebody who doesn't know anything. But you know something, right? You might have heard something tonight.

You might have heard something last week that you can apply to the people around you and bring them in so you be comfortable in your neighborhood, which is incredible. You know, I'm saying, like he said, literally just I'm I'm obsessed with the work. I'm with the work. I'm saying so like, I know everybody has a role to play. Everybody has strengths. And so, like is like you just get to the where everything else is cool, but let's do the work.

That's the only thing that matters. Yeah.

Like, I'm proud to just share but don't share so much that it takes away from you actually being great at the craft. That's what I was telling you. You call me first. I'll be honest. I was telling me like, yo, you got to show these people down like I did. And you were like, yo, I get what you doing. I get what you're doing. And I know you behind the scenes making all these calls.

And I'm like, well, then when it's time, I'm I'm I'm going to be at the game. So twenty, twenty one, we're going to reveal the game for real. We really going to peel back some layers and let the world see what's going on because it's not about me. Like if I make a call that increases my net income and you do it, it's not taking any money away from me, it's just adding to yours. And so like, know how we play them.

Any time we get NAS, we got to share it. It's our responsibility to share this responsibility to make sure that the people that are educated and they can do their own because one day they may not be here and so they may not be here. And you don't have a choice, but they'll have the information that we that we shared and that they could share to others. So shout to everybody that's in here right now, man. Love is love for sure.

I was there, though, so. Yeah. Yeah. And that's another incentive to join you all. University got destroyed. I pushed him. I forced him to do that as well.

He's been pressuring me. We're going to we're going get that rock. But let's get to some questions before we ride out. That's crazy. Time flies, man. That was a wonderful presentation of our. And we got to talk about Apple. Troy just broke down a few different websites. I was that was like two lessons and one. And now we go and go to. So how are we going to go through those questions? So going forward, very smart.

We're going to streamline this process. Like I say, in twenty, twenty one, we just want to make sure that everything is just moves very, very efficiently. So you guys have the privilege to ask questions. What are we going to we're going to preselect these questions beforehand so you can put it in that you don't have a thing where you put it in a Facebook group and then we'll do like Kramer. Same thing like Kramer doesn't like just take random questions.

The reason why is because sometimes people might not be there or sometimes people might not actually follow the guidelines that we we try to enforce. So we love you. Love you.

But for a community, for the communities, for the sake of the community, we just got to, you know, show. But I think that I think that I think that that's actually going to make it much more enjoyable. It's possible to get more in. We'll be able to get more questions answered to show us. Yes, only I can break guidelines on what I think.

Oh, let me see, Michael, we go into to you on mutual itself. You've been a unmuted was up. Yo, what's up, your. Yeah, thank you. I did a great job this year and I enjoyed and shot. My question is.

Will you be doing more breakdowns of, like stock to invest and to learn how to invest? Because I also had the same issue of toaster research and I'm like, I don't even really know what the research I was. I'm doing a good job because I follow the come up series also. So I mean that he definitely like does the same exact thing. So I just need to know that more of what what companies to pay like and how to find the up and coming company you work on Mondays if you go to the beginning.

So you go to the beginning, some of your notes this round of twenty twenty one, I'm going to cash up 500 bucks. Here's the companies, Apple, Microsoft, AMD, Nvidia GTI, BGT, Vilo, Google, McArtor, Libris, QQQ, if you want something.

Aggressivity, QQQ, nanotech firm Fidelity or Franklin Templeton Diamond Tech Fund. So those are a list that you can start with. And if you go back and watch the episodes earlier too, we were a little bit on, a little bit off the cuff with the prices, too. So, Michael, were you here last week? Yeah, I'm there every week, so, I mean, it's another good way to do it in ETB is powerful because if you type an ETF in and then you look at its holdings, you can look you can just find some companies like wait like literally that's what happened to me with smoke.

Like I have to invest in the semiconductor field. I have Qualcomm in Nvidia AMD and then I looked at its holdings and I saw TSM was the largest holding. No, I was told.

Well, what do you let me ask you this. What do you need? Because like you said, as far as like just the basic, especially if you're just starting out right. Like if you just start investing in stocks, you listed like 10, you know, some you might have. I'm so sorry. Some you heard of, some you might not have heard of, like QQQ, something, even though we've mentioned that before. But what are you having trouble with?

Because it's like, oh, are you having trouble with actually just opening up an investment account or how much money.

Well, I have one. So so my thing is when I go for, like, ETFs, like me creating money, the game is more like, OK, I need to find ones that have lower.

I would love to find ones that have lower expense ratio. Yeah, I mean, exactly. The thing about is you don't want to complicate the situation too. Like you don't want to go to Wall Street analysts and like crack yourself over the head trying to find the ETF with the lowest expense ratio with literally we told you last week that QQQ average is twenty percent a year for the last ten years. Are you not going to invest in it because it has a low, but it has a higher expense ratio?

Like I'm saying? I have to say not to say that you're not doing that, but I'm just saying that's a good question. Just in general, sometimes this analysis paralysis we have we have to take the first step. And that's not that's not the deciding factor. The deciding factor is future potential and growth. So, like like I said, I mean, that's just that's just an example where I QQQ just off the top of my head, cause I remember because we talked about it last week is average twenty percent a year for the last ten years.

It has Microsoft, Nvidia, PayPal, Amazon, Apple. All of these stocks are great. We're all that. So if you're looking to invest, that's a that's that's a pretty safe investment that you're going to get a nice rate of return on your money. So don't let don't let the technicals and overthinking things stop you from making money, because while you're still overthinking it, you could have been me. You could have been making money. Exactly.

I mean, the expense ratio might be like point three of a percent. Or if you're making five to ten grand on, it's like that.

I mean, you do the math because I came across one call, Harvard something investment is like, hold on. I was like. But you're trying to reinvent the wheel, though, because we like there's so many great stocks that we mentioned and you just made a.

The ticker is H, a, c, a x. On the Capitol Harbor Harbor Capital, yeah, I got I got to get one of those sixty six dollars. OK, that's a good price. So what's up? Which is a good. It has it. Yeah. So what's the problem? Is it just the expense rate was super high like is like extremely high. So I end up, I end up like it was like that's a that's one of my four one kay.

So I end up, I end up like recently I end up like taking more out and putting more towards Vanguard.

Let me ask you this, one of the ones at Vanguard was more important net value return after you. After all, expenses or expense ratio, if something is giving you 20 percent, were a higher expense ratio. But that's the that's the net after the expense ratio is calculated and something is giving you 10 percent, but it has no expense ratio, let's say hypothetically has no expense ratio at all. Which which one is more appealing? And I wanted to give you the most, and if you go to the comments to like people like here, they don't they give you a bunch of, like, nice people we talked about and also go go through the entire Dow 30 or so American Express.

No good. I'd rather have Visakhapatnam Square, Imjin, not the top Apple. Good bowling. OK, it was great if you got a 100 Calipatria, Caterpillar. OK, Cisco. Chevron, no. Goldman, no. Home Depot. Great Honeywell. No IBM. Hell no Intel. No Johnson Johnson did no Coca-Cola. No JP Morgan. No McDonald's. Yes. Triple M no MRK. No Microsoft. Yes. Nike, yes. Procter and Gamble.

Maybe Travelers'.

Hell no. Doug, we we you know, we appreciate you. Things were rock and what is my man. Awesome, have you been a mute? What's up, guys? How are you? I'm good. Good. So I have a question for all three of you. I just wanted to ask so if you could go back to when you first started investing and knowing what you know now, what is one thing that you would do differently? Every dollar that happened to the market and not go on a date and don't buy nothing but the.

Yes, I probably would have never in two thousand seven, when I had Apple, that eighty five dollars, when they announced they were making an iPhone, I would have put more money into it, not sold it, because I had no idea that it would be correct. And then go on a run of a lifetime. That was probably the most valuable lesson of Ebola patients and discipline.

Shout out to Toronto to say a Toronto a we say much more than you, I think yo shout to Young Street.

We was we was young street mobsters, Queen Street, all in Brampton.

Be saying that a little bit more about Branton. I'm over. Oh you don't know. Hey these glasses for you to go to Toronto. I don't know your right hand man heart in Ontario and not now.

But my answer would be and even this goes back to crypto, I know everybody wants to talk about crypto and that's one of the big mistakes I made in crypto. Everybody knows I still hold my crypto. But the biggest mistake I made was not putting all my money in Bitcoin, like going with the coin with the obvious winner. And I think that that happens a lot of times in stock, too, is like the obvious winners. We always try to get something better, like Microsoft, Apple, Amazon, and not good enough.

We want, you know, the startup that nobody ever heard of. And I made that mistake in stocks and I made that mistake in crypto. And I definitely wish I would not have invested in so many of those coins, because I believe in crypto. I believe in crypto. I believe in Bitcoin, a few others. But that's something that just come to the top of my mind. The obvious. Sometimes things are too obvious for us and we try to make it complicated and we end up hurting ourselves.

Yeah. Shout looking cause I know, I mean, I know my story will Luke and coffee. And that was a conversation. I mean Jeff actually was like your well don't try to find the next Starbucks. I got it in and two weeks later I'm calling in like your bro. What.

Yeah. Come out of his bed, remember. I call it. Yeah, I remember Robin there. You stayed up all night because you said over felt like you've been broke up with. Yep, I've been. That's how I felt. My Bitcoin got hacked. I got Kudo to match it. I'm like, oh you don't like bitcoin because you only like indexes.

So, you know I have bitcoin and then they stole my watch while you have like a NENO wallet or nothing like that in twenty thirteen.

Tell me I ain't real. You had bitcoin in twenty thirteen.

Tell me I ain't real pirates.

Oh I'm like ok but they stole it but somebody can get it back right. I can call someone like no I don't want to call Gitai how it's gone. Right.

I'm like OK, not fun. That's a feeling. That's a feeling. When there's no one to call when I'm money to transfer or you didn't transfer it.

I was in Bronzeville like in Brooklyn back in 98. That's how Krypto was back then. It was just stolen. It is nothing to do. Take your chain is there? Please call me if you change up. Samantha, thank you so much. Thank you. In another scene is the Miami. Miami turn to amuse yourself, you've been on mute, it was going on. That's the dog now you've got an artist named. Miami, like, oh, my God.

Well, can I can I can I do something impromptu while we wait for it? So are you, Lesia? We are. You know, you remember when Dr. Fauci said something about I people should feel comfortable taking the vaccine because a black woman created it. It just so happens that I went to school with the black woman that he's referring to. She's a scientist. She's a scientist that helped develop the vaccine. So this is a very controversial topic.

But I'm thinking about inviting her on a show to talk about it. But, you know, there's always backlash and all that. So type in check. Yes. If you think there is, I think if that's a good idea, I type in. Yes. If you think that's a bad idea, type type.

And no, we can get a lot of public thoughts already.

Yes. She received funding from government or a pharmaceutical entity.

She's all she works for the government, but she worked with Mandera on developing a vaccine. Her doctor told you she has a couple of videos with Trump. She was on scene CNN. So she said, no, that's right.

No, it's like one of these touchy situations. So, you know, I don't want to go. He's pushing a vaccine. Like, I'm just we're just the media outlet. I said nothing more nothing less serious.

Dhara, you just you've been a mutant. What's going on? I'm looking for some new names. Oh man.

I'm glad you have taken me. What's going on. I'm doing good. How are you man. I just want to appreciate you all through you guys and Troy Mashad man. Ever since that only put me I mean I've been I've been learning so much out of the whole lot. Appreciate it. Yeah.

Left me to man left in Long Beach, California, shot at no B.S. LBC shouted, calling a. I got two quick questions, though, about this index fund, so in my Roth IRA, I have an index fund s p HQ. Q I want to get your thoughts on that, Ian or or Troy Rishard. That's HQ, correct.

Moppa just S&P 500 for. Yeah. I got it at thirty, thirty nine. It's not that I want you to do homework and tell me what the 10 year average return is safe so you're not even more important. Everyone can write this down. What is the average drawdown over a 10 year period? Drawdown is how much money you lose. So it doesn't matter if a stock can go up one hundred and fifty percent.

If the drawdown. Eighty two percent. Everyone is going to quote the Mongar thing. You shouldn't invest if you're not going to for 50 percent drop. When you get to 40 percent, your heart jumps out of your chest.

So you want the thing with that's another reason from a competitive standpoint, Apple has one of the lowest drawdown of any publicly traded company of its size ever. So defense first. So when you guys are looking at growth, you also need to see the downside for how much they can lose. And also, are their earnings steady in comparison to their expenses? But what else do you have in your portfolio? And I just have Apple been putting on Apple.

It's not a bad list I want is not a bad list we want to give you, could you get it that would you get it at. I got it at 120. Look, it's a form of Irisa. I have Apple in my original brokerage account at Fidelity and I have a separate IRA, which is just index funds only.

OK, yeah, I like the S&P 500 in your retirement account is a it's a safe it's a safe place. And you can't really go wrong with investing in the S&P 500. A lot of a lot of the key plans have that. So it might not be it might not want you might not want it to be the only thing in your retirement account. Yeah. But, you know, retirement account, a lot of times people don't want to actively manage that.

They don't want to make like, you know, trades all the time and they just want to have something and just let it rock out. So you can't really go wrong with that. You're not going to earn the most investing in the S&P 500, but it's a safe, steady play. So, yeah. How do you.

I am twenty six are kids. No kids, you've got to get aggressive because when the babies come home, it's harder. I'm telling you, and if you you slept on FBI, good. So I joined the monthly stock club, but got an email this morning. I was at work, said that I needed update, updated my debit. So can I still join? Even though that, you know, of course, your name in your guidelines, come on now, we appreciate you, bro.

Love his. Thank you. Yeah.

Being in the holiday spirit now, one person does need to look at also the companies outside of Virgin Galactic that are looking to explore and set up in Mars. No, Nokia is not one of them, but you need to start putting those on your list.

Had a name I haven't seen before. Let's try this next. Shall we come to you tomorrow. What's going on? Amuse yourself. You've been unmuted. Hello. Hi, how are you? I am wonderful at first, let me give a shout out to you. I just started it and it's been like two weeks. I enjoy you guys think I got my kids watching you little bit.

Guys like you watching us on the TV to the echo in the background.

Now actually know it's just me. I just got my little blue mike.

But anyway, I thought I was going to ask you guys one question. What started short? I am what would be the best play for somebody that is fifty five new to investing.

I got a pension. I work for the county out here in the van so I think I'll be at 60. I can actually go ahead and retire right now. And I've had twenty years in. So I'm trying to figure out my best play, and I would say I probably have about five that I can invest, but I'm scared to do something. I just want to make sure I make the right move.

What what kind of games are you trying to get? That's right. Have you ever invested before? No. So this is a good question. I'm glad you asked that because I'm fifty five. Sometimes people think like they get discouraged if they haven't invested, like when I was 20 years or 30 years old. But there's no age limit on investing. This is my personal opinion. Everybody might have a different take on it, but I would start out with something that is not going to cause you to stay up at night.

So a lot of the stuff that we had mentioned, whether it's the S&P 500, is philosophy, is investing to indexes and to technology companies, make it even simple. Maybe one index, maybe the S&P 500 or QQQ, one of those, and then invest invested in a technology company like Apple. The reason why I'm telling you this is like psychologically it's important for you to see winds early on. So we don't know how the stock market going to work out in the next couple of months.

But in the next year or two years, you invest in those companies, you're going to be up. We just don't know how much you're going to be up. So once you become comfortable, it's like anything. Once you become comfortable with it, then you'll have more confidence to maybe take more risk if you want to. Well, I would not want you to be discouraged by investing at a high risk situation or even like doing something that's a little bit more risky when you haven't really invested your entire life and now you're getting a bad taste.

It's like you have a Chinese food ever, and then you just get a bad taste. And it's like that might discourage you from ever eating Chinese food ever again. So I think it's important to to establish wins early. And if you do that, you will win. You'll make money. And then once you once you see that you're actually making money, you believe it. You understand it. I think it's going to make you a lot more confident and then you'll be able to invest in other things.

That's my take on it. OK, so I should just go for. Yup, go for it with a safe one and then comfortable.

I don't know why, just don't buy option on Tesla for one week out. Don't buy it. Don't buy what you're saying is now play it safe.

Like that's important. And that's like the psychology of investing. That's why Ian Townsend, his voice. Right. It's very soothing.

I think you want you want to see you want to see gains. It's tough when you when you get something in, it's like it's negative right away. It's it's very discouraging to see that. And then you start thinking like, well, how can I get out of this negative position and then you jump into another one and that goes negative. So it's always important to put yourself in a safe position where, you know, there's going to be some gains.

You know what I just thought about? Thank you for that question. I appreciate that. When I just thought about, I guess yesterday with the toilet paper, when I played it back five times, I laughed so hard I laughs, you know, I'm talking about I laughed so hard. I mean, I think that's a that's a funny guy right there. Yeah. I mean, sometimes in life you just got to just say screw it. But these are not one of those times.

Don't. Thank you, guys. I appreciate it.

No problem. Yeah. Yeah. Go ahead. Enjoy tomorrow's episode.

So tomorrow's episode episodes. Yo, I listen to it five times. I was laughing, I laughed. So I haven't laughed that much in a long time from an episode. It's one of the funniest episodes that we've ever recorded. It was, it was unassumingly because of the funniest people.

Don't try to be funny you just stories and it's just like it's that dry humor. It's just like, it's unbelievable. The stories are unbelievable. They say that with a straight face.

Yeah, yeah. It was a four wheels that she doesn't want to talk totally out of hand.

She didn't let me go here. Lasserre, what's going on? Amuse yourself. You've been a muted. Hey, guys, how you doing? Great. How are you? I'm good. My question is, my dad has. Sixteen shares of energy stock. And he's been having it for years, but he has absolutely no idea what to do with, you know, like investing or anything. So I wanted to take a few shares down and leave them and he gets like fourteen dollar dividend checks.

Oh, my. Are you from New Orleans? I am from New Orleans. Well, I'll miss you. I haven't seen you in a couple of weeks. We met in the hotel yesterday and I see the camera. You know how we do.

I could tell by our accent shots, shots and long shots of what each of you just did a toy giveaway out there. And it was it was a huge, huge success of shots everywhere. New Orleans. Well, I guess your question is, should your dad should you sell the stock for your dad?

Yeah, not all of it. I wanted to take like he has like 16 share someone to take like six down and leave him. Ian, how you feel about which company isn't its entity or entity yet, ETR, yet ETR ETR had a huge drop.

Yeah, I will get rid of it. And if he's mad, I'll send a 14 dollar dividend check.

I'm good for it. I'll send it to you tomorrow. If you need it, you get rid of it. The only place I would touch it would be eighty or eighty one dollars and thirty three. Other than that, I don't like it. Energy is getting beat up. It's what I didn't get a chance to cover it. But the energy sector banking financials yet. Yes, it's tough. They're going to push back down so it'll probably push back down to eighty three and then bounce back up.

But yeah I would sell off. And then also for my long term technicians it's hit a double top from twenty seven, which is not a good sign that one twenty seven oh seven. And yeah, I will get rid of it if you need, I'll send the check up on tomorrow. So I don't think I don't think he really cares about the being with them here.

A chance. Not healthy. It's not a healthy chart. Now, can we start doing charts like Crazy in twenty twenty one? Because I want to go do it.

Let's try it. Let's say. Thank you guys. Thank you. Thank you. Thank you. Let's all let's take a break from questions for a minute. I want to just leave the people with one financial planning, Jim, heading into twenty twenty once since this is our last show you, we want to give you as much information as possible.

We gave a lot of information on this show, all the shows. But I just I wanted to say this. Life insurance, something that we haven't really talked about too much, is a pivotal part of the planning process. And a lot of times, you know, people are familiar with just term insurance. Whole life insurance is a better term. Whole life. The purpose of like an individual life insurance policy is to actually provide a death benefit protection for somebody else like of laotong.

If you married, it'll be for your spouse. Right. So it's like if I have a policy and I'm married, then it would go to my wife or if I was married, my wife has a policy, I would be a beneficiary, but was not talked about enough. And there's another way to actually create generational wealth long term. More of a choice situation is the second to die survivorship policy. So we talked about that with the family package.

But briefly, I just go into it. That's a policy where actually it's on to people's lives and it pays out after the second person dies. So if a husband and a wife both have a second to die policy, then the policy pays out after the second person dies is beneficial because it's a lower premium, because it's insurance to people's lives instead of one person. And that money is like going to directly to the children or directly to the heirs.

Most of time it'll be the children. So you can you can have different portfolios once you start to learn the investment language. It relates to a lot of different things, like how you have a portfolio way investing. You can have a portfolio, a life insurance, so you can have individual life insurance policies or you, your wife. And that goes to make sure that if one of you passed away, but then you have a second to die survivorship policy on each other and that goes to the kids or to the grandkids 30, 40 years down the line.

So, of course, life insurance is tax free. You can also set it up in a trust and a bunch of other things how you can actually structured it. So, yeah, that's another that's another thing I felt like maybe we should talk about a little bit. So I just wanted to just, you know, just chime that in there because it's not something that's talked about enough. And a lot of times people have the misconception with life insurance, like it's just a one trick pony.

But you can do a variety of different things, but you can solve a variety of different problems with life insurance. And there's different types of policies with different types of cases like a toolbox. So you've got to know which you know, which policy fits, which circumstances.

So, yeah, what what is the best policy in your opinion? And then also for homework, I want you guys to go look look at what the asymmetrical risk reward is if you get a million dollar policy. So how much your partner of 20 years versus the power will be. But what do you think is the best kind of life insurance policy?

You know, for me personally, I try not to say like one thing is better than the other, but I personally think that whatever your situation allows you to sell, term insurance is great. If you have a so if you if you have a limited budget and you need life insurance or if you if you only want life insurance for a certain period of time, term insurance, if you want a permanent policy and you want to build value, then whole life insurance.

If you want a hybrid of both, if you want a permanent policy but you don't want to build cash value, then there's a thing called guarantee protection universal. A lot of people know about that. Either they think it's either one or the other. I could see the term his whole life, but there's actually a middle ground because the thing with term is that ninety five percent of certain policies never pay out because most people don't die within their term.

The knock on whole life is that is the premiums are too rich, people can't afford it. It's like I don't want to mix my investing with my life insurance, but you might want a permanent policy that's guaranteed to be there with a lower premium that whole life, but it doesn't have an expiration date long term. So that would be a guarantee protection, universal life. If you want to take a little bit more risk and have the money invested in the stock market and you can go variable universal life or indexed universal life, which tracks mirrors the S&P 500.

So I said I have to say, I don't really think that there is like one particular best case scenario. The best insurance is just some insurance. Everybody should have some life insurance, even if it's just insurance at your job. That's not the most optimal solution just to have that.

But, you know, going into twenty twenty, going into twenty, twenty one, let's make it a resolution that there's not going to be any more. Go fund me. We're not going to argue some people minor over small things and argue all day about term and whole life like the only insurance companies. Like we can distract the. The bigger picture, which is just to have life insurance and just to make sure that your family can bury you and just to make sure that your children have a head start in life, if you're not here to take care of them and everybody dies, that's the one common denominator with life.

And it's like we can't be spooky and we can't think like if we if we plan for our death, that's going to make us die. You're going to die regardless. So you might as well plan for it and be prepared for it and leave your family as a blessing and not a burden. So something to think, something to think about as we make our New Year's resolutions. That was advice that I got from my financial adviser. Twenty six year death is your responsibility, not your families.

So those are wise words from a brilliant man. Can you remind them of your first client with wise words from a decent shot to today?

Yeah, it sure was my first client. Big Fat. That was my first client. My last one. My most most recent one. Most people don't know.

I still have I still have a thriving financial planning business.

I just got through even I had to schedule a meeting. There's no favorite shots here with my administrative assistant, who's also my sister. Appreciate you.

You all sleep all across Iraq this year. A shout out to trap crowd strike oh percent for the year. It's up seven hundred and fifty percent, I don't know, trap game. So we went over some of our picks for the twenty twenty one. You want, you want to give one that you were looking at me a trap out a conversation. We was going back and forth, he was like I got three joints. I'm like y'all got four years.

I'm a way to twenty one.

I know I've given sixty although I know I don't give enough.

I understand I'm a come back twenty twenty one. I'ma tell you guys top of the year please step in and listen. Execute. I got you. Trust me I got you. I got you.

Affect me. I'll take the first words and I'll let everybody else get in the last word. But I just want to thank everybody for their support. Mark in Monday's was was a revolutionary. It might seem common now because there's a bunch of other shows that kind of have merit that and that's dope. But you got to remember at the time, it was a revolutionary idea to have a livestock show on YouTube from our cultural experience, like nobody nobody was doing that.

And In was humble enough to come to us. And like you, I want to do a show. And as opposed to me doing my own show, you know, saying like, you already got a blueprint in place. I got a system in place. You have already helped me with my episode shot to episode seventy. I got to check that out. He's like, yo, I want to I want to work with you. I want to do it as a collaboration and that which is the birth of market Mondays around April.

And it's one of these things that just took off like wildfire. So thank you to everybody that has championed market mon's, that has watched market Mondays, has told a friend about market Monday that has put it in his stories after market Mondays is over. Hope that you guys were able to make some money, hope that you guys were able to get some vital, valuable information. But like I always say, if you're not if you're not actually implementing the information, then it's just entertainment.

And we just don't want to be entertained as we want to be educated. So during this time, we will be all for next week. Make sure if you have time to check out the back episodes of Market Monday, this podcast outlets as well. So you can listen to the audio on YouTube. You can check out the back episodes of Market Mondays, educate yourself and we will be back in twenty, twenty one with a vengeance. We'll be back with a picture.

A lot of a lot of great guest. We'll be back with our new new subject matter and talking matters. And that's a good thing with the stock market. It always is always something to talk about. So I just want to leave you guys with gratitude. Say thank you. A lot of people say they always think I have an attitude when I'm extremely grateful. I'm extremely humbled by the outpouring of support that we have received, not only for eligible for Market Mons, which has become Eagler rage.

And I messed up. Doesn't know as like you throw the ball. And I bought a game where I was in the corner by yourself.

I hope the Yeah man. Thank you. Thank you. Like to tell man. I mean kudos to everything that you said. One thousand percent agree. I still have the text messages like Yo wants to do this and I'm like, all right, let's do it. I think March twenty seventh I was like, oh this this is what we should do and to see what has become outside of just the knowledge and the investment, the fact that we get to step in and help people in their everyday lives in a financial way, either by giving them knowledge or lending financial support.

There have been numerous calls, numerous emails, and they all touching. And I'm just happy that this community has come together to rally around each other because it was no place to go prior to this. Right. We couldn't I couldn't find it. We couldn't find it. And so we decided to create it. And so I'm super appreciative of everyone that has reached out called. That was in need help somebody that was in need and told a friend to tell a friend.

That's how this is built. There was how many people watching us when we started, you know, we had like the webcam joint on here, you know, with a fire to mail.

We've grown men and y'all have grown with us. And so we are tremendously grateful for the continued support. And I can't wait for twenty twenty one is the year of execution. Last year I said it was a year to Ernest. This is the Ernest excuse, the shouts of the Ernest shout to everybody that has been inspired by market Mondays and has decided to enlighten the community as well. Because, like I said, Wauconda is a place, but many tribes exist inside of it.

And so if everybody is leading a tribe that is about helping our culture, let's do it. And that's all. When everybody eats, you know how we do it. That's a fact. And what would you like to tell the good people, man?

I want to tell you, I'm always saying thank you for believing in a vision while others didn't tell everyone who's watched. You know, now, in the beginning, I appreciate you guys so much. Six years ago, I couldn't get six people on go to a meeting on Sundays to do it. Tell my family, friends, I love you all so much. Thank you for being with me, being busy this year, we're going to get back to being balanced and having fun and going on vacation and loving each other.

And, man, just thank you for being solid. I always have to say that I thank you for embracing some of my crazy ass ideas and to everyone else in the community, same thing. Even if you have your own tribe, like we all can get along, there's so much money available, so much opportunity. I want us to stop all the infighting unnecessary. So don't say it's for the culture. And you want black people to do better, but only if it's through you.

I really mean this. I want you guys to be able to win and not need us. I can't wait to be black now and even me shops will pass them up.

Right? That's what I want.

So I want you guys to be kind of love each other because twenty twenty has revealed to us more than anything the family, friends, community matters more than anything in health without health matters more than anything else. I'm wealth equation. So I love you guys dearly. I hope I have done something to inspire you. The only thing I can say is execute. And Troy, I'm proud of you for stepping out. And I, like Rashad said, like, you can do anything if you put ten, twelve, thirteen.

I would like you to those of you that are super serious, let me talk to you. Then we wrap up, put in ten hours a day and don't say nothing. I didn't say anything from 08 to twenty eighteen. And that's when everybody was like, oh man, where you come from. I never even seen you. You got nineteen followers. I'm like got five for that.

So watch you watch me execute ninety nine point nine nine people especially on club. How y'all dying to get a clubhouse. They are camping. Haaften people I was talking about investing. Couldn't buy for index funds five months ago. Stay down and execute. You don't have to like my person. I'm giving it to you real stay down, execute money, master the game. Intelligent investor Warren Buffet. Anything about Michael Colleville, about trend following Nicolas Darvas. Get in that bag.

Right, get in that bag. And then put 10, 12, 13 hours on the charts. Russell one thousand. Russell 2000. Nasdaq I'm not just talking. Hit my bus. I had actually actual straight shot of the snipers go to the Bovespa, the Nikkei 225, go through the Dow, go through the old ones. They got delisted out of the Dow because the lessons that you get from nineteen twenty nineteen nineteen forty would tell you exactly what to do when quantitative easing came into play.

Here to go study 4:00 a.m. to execute on Whip your hair boy.

I mean I quit talking and they kicked, they kicked the alumni out, shot Theresa Islam. I heard that they, they threw him a welcome party and on the same night he was escorted out of the clubhouse.

That's just the brodo meant to be real, like we got to build our own and not Nozawa said anybody don't want to get on black planet, but we got to build our own platform. Shout out to Russell. He was on the same thing with like he has a point. So much equity into a brand. I'm like clubhouse, like AOL chat rooms, audio, like, it's cool, it's cool, but like you're not missing anything. I promise you, if there was something so amazing and it is great to be able to, like, listen to some people in a startup space.

So like it. Ben Horowitz hops out there. I may pop my desk. Coconut water is my natural enthusiasm. That's what Santa had of energy. That's my love and dedication for him. If some of those people had been Mark Suster, make it OK. I'll listen to that precedent. Can we have all we need? How we know how to like we know how to get all the JS.

Yo, I got some awesome J elevons man from Korea, but the index is just the easiest thing. We make everything Cocula and don't monetize anything like yours too hard. So no matter stop that. We're not doing that. Twenty twenty.

We're told that I'm not going to do that. I'm not going to do that. We, our ancestors and grandparents risked too much. Do you know, like. Eighty years ago. Having this conversation would have got killed. You don't think there's some risk with us sharing this in a public platform? Come on, man, execute in the streets is watching so that the street is watching.

But now I must get back to the we will invest together and get back to that right away.

And a CEO. Meanwhile, camera broken. And listen, when the product ships, the product has to work.

Man, please, I love you to go. And real quick shout out to my turn. I said that was my album of the year. That's why it's up there. Shout a little baby. He was named The Artist of the Year by Apple Music. And any genre, all genres included. Baby was the artist. You shot them.

I like I like little baby and I like the baby, OK? Like I like them especially little baby. The baby too. I like them. I like a little baby as a person. I feel like he he embodies some old school principles that you don't normally see too often. A lot of these rappers these days, I could tell you, grew up in a different era. He's a different dude. I like the baby to me. I think the baby is extremely, extremely talented.

And Travis Scott, we can't forget about Astral World. Oh, they're right there. Modern day classic modern day classic man shout out to shout out to Travis Scott. He was on the Great Hustle at one point. Yeah, little Shasta. I think it was for his own. Yeah. So yeah. Man shout out to all of that. That's another thing we did. We put the albums out, know the whole cultural experience here. Yeah.

But Oh yeah.

Shogan game coming to Miami with get coming rest in peace to Kobe to right there in the Los Angeles Times when he passed away and child to YouTube. We got our plaque right there. So now to the good folks. Are you to me for sure. Oh Yale University will be back reloaded everybody. I was asking, we extended it. We obviously know that, you know, this Christmas. So we extended the sale to, I think, the day after Christmas, December twenty six.

So if you want fifty, it's going to increase by one hundred percent.

But the reasons behind it, we've already documented why we're increasing about a hundred percent. But yeah, check it out. EIO code. We're going to turn this thing into Phoenix University. But bigger only thing that's going to be big. A shout out to Janet, our first time full time employee. Yeah, we snatched her over from Fidelity and hired her as a full time employee. Earner of the Year award goes to Yale University. We're making it.

We're making improvements here, man. We we got to hire some more employees. We got a lot we got full time professors that will be tenured and they will teach a class every single semester. I thought that was the. Yeah, four times a year. You don't have to teach a class. I took my class empty. Empty the mortgage guy does his class look working on trade school too.

Yeah, yeah, yeah. We're going to trade. Yeah. And there was a couple of people, I sent some emails. We definitely don't get back to those emails. I know people were saying they had trades that they wanted to bring to the forefront, that they wanted they could teach to the public. So we definitely I'll get into that. I mean, we got a lot.

So I just got a call you I'll check out. And you want to do it now because it's like a good stock goes up over the course of time. Yeah. Pretend like we just announced that we had a webinar on self-driving car value. Add this is a growth stock, a growth stock for sure. And in twenty, twenty one, feel free to give us recommendations of who you want to see on as far as guess what you got to be.

Yeah, I got it. I got to be respectful when the guests come on. Some guest had a hard time. Twenty. Twenty.

Some deserved it like the Apollo.

It's like the Apollo may still be kind of you can't be kind at all times.

You can't you know, we want we want to have guests willing to come on. So if they see other guests, it's like getting chewed out.

They like to be like they might not want to do it. I think I think the common misconception is that people think that it's easy. They see us do this every week and they always eat. And it's like, oh, it's commonplace, but it's not like it comes with a lot of like in the research and knowing what you're going to say and being prepared to answer questions, it's not an easy task. And so I shout to all the guests will all market Mondays for Lenine time and the expertise and knowledge to the platform.

It was greatly appreciated, everybody.

And somebody said there were no prices in here. That's what we say. It's like a stock. Some people got ninety nine dollars for the entire year when the time that Renault is up, they get ninety nine dollars. And imagine all that information you get for ninety nine dollars. Crazy.

So you know the stock club members that got in there to 97 and tell Tesla you have seven hundred percent and got Apple. Microsoft Moderna. Man I love that.

I remember when we did the Stock Club A.

Two ninety seven, then the next is the next one was three forty seven, I think those people are way up. So you will never turn down a good sale, never turn down a gazelle, but. We digress. We love you, oh, we can all go to Tony Robbins. Come on the show next year. And because I know I'm over 300 thousand bucks, easy for him and Joe Rogan.

Please go to great. Don't. Yeah, Grandpa is going to be here. Oh, you're not you're not enthusiastic about Ricardo.

No, no, no. I was I got a I got a lot of them will make that happen.

Oh yeah. Grant Cardone. That to be a good one. Dr. Claudia Anderson, definitely, man, I've been trying so hard. Brother Claude, you know I love you. We all want to see who I want to see. Of course we want Jay-Z, but we got to work on that. But like who you want to see typing before we before we in this type damage on our big one type. Type in a chat. What I guess you would like to see or market Monday in twenty twenty.

Twenty one. OK, Tessa will be back 64 four, is this still going to drop back? Yep, got to wait.

Got to win quarter now, as they say, Niscayah gave Les Brown, LeBron James, Mike Tyson.

I still feel my match is interesting. His perspective on life is like that. He said he's looking around at a million and that's a million. That would be a great one. A million. That would be a great one.

See the got another intelligent shot there. Nozizwe partner would be good to what's his name, the venture capital, his graduates? Well, definitely him. But the guy that got him into B.C., the dude, I think his name is on Instagram, like you can do from his manager, not the other one piece in him. No, he he's the one that really got to a lot of this stuff. Cornel West. Mark, Mark, Mark, what are you to make that happen, right?

Yeah, we've got to go right for you.

You are alumni. I mean, the guy we got to bring you back on. Jim Cramer. That's interesting, Jim Cramer will definitely be a good one, Jim Cramer. Hi, Kate. Of your appearance next year. Let's make it happen.

Charlotta Master P managers in the clubhouse speaking a clubhouse, which is the clubhouse.

That's the deal, man.

What can you do, Oprah? Be great, Auntie Oprah, please. Hey, Ray Dalio, to see people like that, people like to read daily over the world.

He just lost his son in his arms. OK, rest in peace for sure. OK, all right, we got some stuff to work with. We got some some big goals that we got to reach. They said the big boy, Bill Gates. And you know what helps us out, too, is if you tag these people, you so, you know, the more that they know about the show, the more it is easier to to convince them to come on.

So keep champion and keep telling them about it, keep tagging them in different things and going to Instagram page and and trust me, everybody reads their comments and everybody agrees their comments. And especially if it's a bunch of comments, they all read it. So it's never Eikon will be a good person to give me. Anthony Salay child. Jay Jay Bass. What up? What up? Anthony shout everybody in the town. Magic Johnson will be Mike is the legendary Magic Johnson will be a great guest a market Monday because he's all about business.

OK, OK, all right, so there you have it, ladies and gentlemen, merry Christmas. We'll see you in twenty twenty one. Happy Kwanzaa. Happy New Year. Be safe, y'all be blessed.

Please, people, check out the podcast tomorrow. Good one.

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