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How to Build Your First $100K (The 3-Account Rule) · Earn Your Leisure

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  Speaker 1: Absolutely not.
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  Speaker 2: New ETF alert, New ETF alert. I want you to
• 0:04
  Speaker 2: write this down, put this in your notes. I feel
• 0:07
  Speaker 2: like we're about to have another moment. And if you've
• 0:10
  Speaker 2: been watching ETFs its interest. I was listening to Josh Brown.
• 0:14
  Speaker 2: They were talking about ETFs and the amount of ETFs
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  Speaker 2: that have come online in the past six years. I
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  Speaker 2: had no idea, right, So I think in twenty twenty
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  Speaker 2: one there were two hundred and six ETFs in existence.
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  Speaker 2: Last year alone, nine hundred and sixty were created, and
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  Speaker 2: this year they said that they're going to pass that number.
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  Speaker 2: So you're talking about over two thousand ETFs in the
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  Speaker 2: past three years, which tells me index funds and mutual funds.
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  Speaker 1: That's gonna be tough. That's gonna be tough because these
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  Speaker 1: more products are being created.
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  Speaker 2: But the new ETF that I'm looking at, and it's
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  Speaker 2: something that just came online on August Sith goes back
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  Speaker 2: into the story where we were talking about this AI
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  Speaker 2: infrastructure space and the idea of how information and data
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  Speaker 2: is going to travel.
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  Speaker 1: Am I, I don't know.
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  Speaker 2: We're talking about photonics, and so photonics really just means
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  Speaker 2: how data is using light to transfer data which makes
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  Speaker 2: it a lot faster, more efficient, and that is where
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  Speaker 2: it's headed in terms of data transfer inside of the
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  Speaker 2: actual data centers. So if you look at Nvidia their
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  Speaker 2: partnership with GLW, Apple's partnership with GLW, which is corning
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  Speaker 2: for those not and to know if you watch what
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  Speaker 2: in Nvidia has invested in in terms of Coherent, in
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  Speaker 2: terms of momentum.
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  Speaker 1: Those companies are leading. Now we saw a correction in
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  Speaker 1: that space.
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  Speaker 2: So like under the story of memory being corrected, we
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  Speaker 2: saw the photonic space be corrected. And now quietly it's kept.
• 1:45
  Speaker 2: We've watched them rebound. Nobody's talking about it. But if
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  Speaker 2: you look at what Loumentum has done, the ticker is
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  Speaker 2: l T E l I T is the ticker. It's
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  Speaker 2: rebounded here right, we're going to retest one thousand very shortly.
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  Speaker 1: Coherent.
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  Speaker 2: I just told you about how reported and how time
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  Speaker 2: will you know if you were trying to get these dailies?
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  Speaker 1: Are you trying to get the weeklies?
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  Speaker 2: It didn't work in your favorite Coherent closed that three
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  Speaker 2: fifty one. It's going to test it all time highs
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  Speaker 2: and so some of people looking like, hey, I missed
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  Speaker 2: the boat. These stocks are pretty high. Well, they just
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  Speaker 2: created photonics etr right, just took it down.
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  Speaker 1: L y t E l y t. Why is that important?
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  Speaker 2: For the same reason when I was telling you about DRAM,
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  Speaker 2: when you said Sanders has run, we can't afford it
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  Speaker 2: from an individual standpoint, and Micron has run and we
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  Speaker 2: can't invest in it from an individual standpoint. This now
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  Speaker 2: gives you an allocation to a space that is going
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  Speaker 2: to lead. It is necessary inside of the AI infrastructure,
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  Speaker 2: specifically the data SAT data center space to how information
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  Speaker 2: will be transferred number one more efficient, number one faster,
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  Speaker 2: number two faster, way faster, if you're looking to have
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  Speaker 2: exposure to the photonic space. Because yeah, to invest in
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  Speaker 2: so many companies Troy and not number one. I look
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  Speaker 2: at Hey, what is N'tvidia invested in? What's in the
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  Speaker 2: fun who are they spending with?
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  Speaker 3: Right?
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  Speaker 2: If you look at that, that's that sometimes they have that,
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  Speaker 2: that's that pie chart of the companies they're investing. Look
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  Speaker 2: at them, Synopsis, cadence, we've spoke about that in detail,
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  Speaker 2: coherent momentum, even SpaceX. Now there's a reason why. Now
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  Speaker 2: you could say circular economy. But they are protecting their
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  Speaker 2: interests and they're becoming the central bank. So they're loaning
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  Speaker 2: out the money and they're loaning out the product and
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  Speaker 2: they getting return on investment. This is a sector sub
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  Speaker 2: sector really that we need to make sure that we're
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  Speaker 2: involved in. If you and if you feel like, hey,
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  Speaker 2: you know, I got so many individual equities. I don't
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  Speaker 2: know if I want to pay nine hundred dollars for light.
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  Speaker 2: I understand the story. But the other opportunities, this will
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  Speaker 2: be an opportunity, just like when we talked about GV
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  Speaker 2: in terms of energy and we talked about Caterpillar. This
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  Speaker 2: will be a sector and this is an ETF that
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  Speaker 2: you should have on your watch list and potentially potentially
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  Speaker 2: maybe make a call.
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  Speaker 1: On L Y t E.
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  Speaker 2: Don't say you heard it anywhere else, you heard it here.
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  Speaker 2: It just opened that sweet all right, you put on
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  Speaker 2: your watch list.
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  Speaker 1: We're both thinking the same thing.
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  Speaker 4: That just expressed it in different ways that investmentst I
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  Speaker 4: talked about EV so you said, yeah, so I like
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  Speaker 4: it if we get back down to twenty one dollars
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  Speaker 4: and thirty nine cent. I like that for entry. But
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  Speaker 4: I definitely agree. Some of the companies are so phenomenal.
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  Speaker 4: They are pricey, though so if you want a cheaper
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  Speaker 4: way to do so, I think for those of you
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  Speaker 4: who are asking, hey, I need two more or one
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  Speaker 4: more to invest in, you can't go wrong with L
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  Speaker 4: Y T or my selection at EV So break minds,
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  Speaker 4: think alike. Damn the five hundred people missed out on the.
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  Speaker 2: It's it's that they'll be like yo, yo, They're gonna
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  Speaker 2: wait till they see it on Instagram.
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  Speaker 1: Yeah, it's gonna be the voice over you know what
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  Speaker 1: the next et F is.
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  Speaker 3: Know, they're gonna be the people on Instagram like yo, y'all.
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  Speaker 3: Never y'all, don't dive any value. You'll only wait so
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  Speaker 3: things go up for you.
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  Speaker 1: Now was the older you? The newer you is really
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  Speaker 1: focusing on the people that are here taking advantage of
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  Speaker 1: this moment.
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  Speaker 3: Seven seven financial moves before forty. I'm gonna save seven
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  Speaker 3: because I've seen this question online and I'll let everybody
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  Speaker 3: chiming if you're interested. But real quick, all right, if
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  Speaker 3: you're not forty yet, for the young world out there,
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  Speaker 3: you're in your twenties, you're in your thirties, definitely got
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  Speaker 3: to have three to six months of an emergency fund,
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  Speaker 3: because that's important. I always tell people. Even before you
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  Speaker 3: start investing. You got to learn and save money. Anything
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  Speaker 3: could happen. The average person I think is like probably
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  Speaker 3: a couple paychecks away from really being in a financial disaster.
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  Speaker 3: Damn they're homeless. So man, the job market is crazy
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  Speaker 3: right now. Nothing is certain. So learn to save discipline,
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  Speaker 3: you create a budget, learn to save, put money away
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  Speaker 3: three to six months for save for expenses. Try to
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  Speaker 3: eliminate high interest debt credit card credit cards especially, try
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  Speaker 3: to eliminate that. We've got shows on how to eliminate
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  Speaker 3: that snowball method, all types of different stuff, but try
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  Speaker 3: to eliminate high interest debt. Stay away from high interest debt.
• 6:12
  Speaker 3: All debt's not bad debt, but high interest credit card
• 6:15
  Speaker 3: debt is bad debt. Maximize your retirement accounts. If you
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  Speaker 3: have a four to one k at your job, contribute
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  Speaker 3: to the match raw Ira Ira. We got a bunch
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  Speaker 3: of videos about that. If you're a business owner, there's
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  Speaker 3: a step Ira simple Ira. Put money away for your retirement.
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  Speaker 3: It has especially if you're not doing the ro off,
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  Speaker 3: you're going to get a tax benefit from it. If
• 6:39
  Speaker 3: you are doing the row if you won't get a
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  Speaker 3: tax benefit, but it's going to be tax free money
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  Speaker 3: down the line, which none of your other money will
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  Speaker 3: be tax free. That's the only money that you won't
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  Speaker 3: have to pay taxes on. Build your first one hundred
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  Speaker 3: thousand dollars portfolio. That should be your goal is to
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  Speaker 3: get to one hundred thousand. The first before you first
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  Speaker 3: goal is to get to ten thousand. Get to ten thousand,
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  Speaker 3: then you get to one hundred thousand, Then you start
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  Speaker 3: to play. Once you get to one hundred thousand, now
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  Speaker 3: you get you got momentum at your back. But the
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  Speaker 3: first thing you gotta do is get that hundred thousand.
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  Speaker 3: Whatever you gotta do change, you got to stay home
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  Speaker 3: for two years. If you just get to the hundred thousand,
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  Speaker 3: it's gonna put win behind your back and then you're
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  Speaker 3: going to start to really get in your in your
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  Speaker 3: in your in, your in your groove.
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  Speaker 1: That's the number too. I'm glad you said that.
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  Speaker 3: One hundred thousand. So man, SMH. I made a lot
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  Speaker 3: of money on SMH QQQ. I've been talking about QQQ
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  Speaker 3: for so long. You know, you got the S and
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  Speaker 3: P five hundred, you got vo O VT I, put
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  Speaker 3: together your portfolio. Put together your portfolio. Stick with your portfolio.
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  Speaker 3: Be focused on your portfolio, focus on what you're investing.
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  Speaker 3: Get to that hundred thousand. That's vitally important. Dollar cost average,
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  Speaker 3: every single month, dollar cost average. Just I can't say
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  Speaker 3: this enough. Dollar cost average. Figure out how much money
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  Speaker 3: you can put away, and put that away every single
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  Speaker 3: When you get the tax free front, put that money
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  Speaker 3: into the market. Get one hundred thousand, get your hundred thousand.
• 8:07
  Speaker 3: Get life insurance for sure. M hm, Okay, this is
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  Speaker 3: vitally important. Because you're healthy nine times out of ten,
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  Speaker 3: your health is not always going to be there. I
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  Speaker 3: ain't thinking happen when you're young. The premiums are lower
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  Speaker 3: and you're healthy, so you can you can get it
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  Speaker 3: even if you don't have a family. Get insured, get
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  Speaker 3: life insurance, get disability insurance. Get insured. That is very
• 8:35
  Speaker 3: very very important. Creator will in a state plan. Once again,
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  Speaker 3: you can always change and you can update it. The
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  Speaker 3: earlier you do it, the better. And the last thing
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  Speaker 3: I'll say is create a budget for sure. I'll say
• 8:51
  Speaker 3: to create a budget. Budgeting is the most underrated thing
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  Speaker 3: when it comes to me.
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  Speaker 1: Even even if you're rich, live within a budget.
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  Speaker 3: Create a budget and have and and also create your
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  Speaker 3: financial freedom number. That way that you you have something
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  Speaker 3: to work towards. We need as human beings, we need
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  Speaker 3: goals to work towards. If you have a number, put
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  Speaker 3: it on your ceiling, put it on your phone, have
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  Speaker 3: it as your screen saver, and just every single day
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  Speaker 3: look at that number, because psychologically, that's going to force
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  Speaker 3: you to work hard, to make sacrifices, be more disciplined.
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  Speaker 2: Yeah.
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  Speaker 1: Yeah, somebody asked a question. I thought it was a
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  Speaker 1: really good question.
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  Speaker 2: It's that what's the difference between e u V, the
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  Speaker 2: ETF and l y T E both are light based manufacturing.
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  Speaker 2: I think you would think of it in terms of
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  Speaker 2: what's the difference between SMH and d RAM, right, Where
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  Speaker 2: Like SMH has a lot of the semis, it has Nvidia,
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  Speaker 2: has TSM, it has Broadcom, has Micron as Texas Instrument
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  Speaker 2: has a m D So it's a broad range where
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  Speaker 2: DRAM is very specific to memory where it has s
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  Speaker 2: K Heinex, it has Samsung and has Micron, Sanz, SAGAD
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  Speaker 2: and Western Digital.
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  Speaker 1: All inside of that.
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  Speaker 2: So when you think of EUV light base from the
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  Speaker 2: manufacturing standpoint all the way down, So TSM leads that
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  Speaker 2: in terms of application you got ASML apply materials lambs
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  Speaker 2: in there, kl A m k l A, cornings in there,
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  Speaker 2: and then momentum. You'll see them at the bottom like
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  Speaker 2: Ciena's in there, coherent inside of light. The top three
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  Speaker 2: momentum coherent Sienna right. So it's very hyper focused specifically
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  Speaker 2: on photonics inside of the eu V lithography machine, light
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  Speaker 2: manufacturing companies, so just a couple of different