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That Gen-X Friend -Investing During Times of Volatility_ Tried and True_ A Must-Share · Military Broadcast Radio | MBR Talk

• 0:20
  We grew up on static and midnight shows.
• 0:26
  MTV raised us. You already know latch key
• 0:32
  hearts and wild eye dreams, feral minds tearing at the
• 0:39
  scene. But I'll see you wait
• 1:02
  No one replied, but we did through it all yet.
• 1:11
  Good morning, welcome or welcome back to that Gen.
• 1:14
  X Friend podcast. Before I begin, I want to give a
• 1:18
  shout out to MB Radio as usual. Thank you, truly, thank you so
• 1:22
  much. So let's get to it.
• 1:29
  OK, so today I come to you to discuss a topic I believe is
• 1:39
  especially and not just important, but I I believe for
• 1:47
  Gen. Xers we have now come to middle
• 1:51
  life, right? And we think about a lot more
• 1:57
  than we used to. Those carefree days with no cell
• 2:00
  phones documenting potentially incriminating actions.
• 2:06
  Thank God for that, good gracious.
• 2:11
  So what are you, what am I talking about here?
• 2:13
  What are you trying to get to here, woman?
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  I'm talking about investing during times of volatility,
• 2:24
  right? You're probably thinking, when
• 2:29
  did you all of a sudden become this investment guru?
• 2:39
  I didn't. I'm sharing this tried and true.
• 2:46
  It's a must share. It's tried and true.
• 2:49
  So I I've done enough digging of my own and because most of us
• 2:58
  are considering our future as we near or as we continuously March
• 3:05
  towards old age, aging, whatever you want.
• 3:12
  I'm not saying we are going to be, I don't know, letting go of
• 3:17
  our Gen. X facade or attitude or
• 3:22
  charisma, whatever you want to call it.
• 3:24
  But there are things that we need to consider.
• 3:28
  Investing during times of volatility is one of them.
• 3:35
  You know what, I'm going to stop this, I'm going to stop the
• 3:37
  sarod here. That that's the title sort of a
• 3:43
  click bait and I don't like click bait, but I believe this
• 3:47
  is actually once I explain it like, oh, OK, I think I think I
• 3:52
  get what you're saying. So I'm not talking about per SE
• 3:58
  as in financial investing, right?
• 4:01
  Like so I'll give you the step 1234, blah, blah, blah.
• 4:05
  And then you will be, you know, well taken care of because you
• 4:09
  invested this money into that stock or this market or whatever
• 4:14
  it is you do like all those influencers pushing things on
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  social media. I'm not here to sell a course.
• 4:24
  I'm not here to share anything like that.
• 4:27
  But I believe this tried and Drew way of taking action
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  applies to both, right? So what do I mean by investing
• 4:46
  during times of volatility, right?
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  Obviously, if I'm going to use both the financial investing and
• 4:55
  also this, my focus, but the financial investing is what the
• 5:00
  example I'd be, I will be using because most of us have
• 5:04
  considered this or most of us are trying to better secure our
• 5:08
  future, to make it so we're not a burden upon others and so on.
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  So this was just the easiest way, easiest vehicle for me to
• 5:18
  say what I got to say. So what do I mean by investing
• 5:23
  during times of volatility, right?
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  Obviously, using the financial investment as a example, every
• 5:34
  other day, something's crashing on the stock market.
• 5:38
  It's, oh, you know, oil's too high, people are selling off
• 5:42
  their stuff, oil's low, people are buying or whatever, whatever
• 5:46
  is the stocks that people are discussing.
• 5:48
  I, I, I cannot follow all of that, nor do I want to.
• 5:52
  It gives me a instant migraine thinking about it.
• 6:00
  But none the less I have to consider this invest investing
• 6:07
  right? Because, well, some of us either
• 6:12
  didn't have the opportunity or whatever.
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  For some reasons life happened and we are feeling behind or are
• 6:19
  behind. We must consider these things,
• 6:21
  right? Because that's what they all the
• 6:24
  experts propose investing is the sure way of securing your future
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  well-being in terms of having enough money to, I don't know,
• 6:41
  save yourself in the future for whatever bills.
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  But what I want to focus on is that the investing during times
• 6:50
  of volatility is that socially speaking, these are divisive
• 6:55
  times. And I've, you know, try not to
• 6:59
  beat a dead horse, but my God, there are lines being drawn for
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  everything. You can say your favorite colour
• 7:08
  is blue and somebody's like, well, that is a blah, blah, blah
• 7:12
  colour and why do you like blue? Somebody can say something about
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  anything and there are lines being drawn and people maybe the
• 7:25
  sort of behavior happened before social media, but social media
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  has increased the frequency or increased the, the willingness
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  for people to draw lines such such almost inflexible lines
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  with people, former friends or a family.
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  They're like, well, I cut them off because, you know, I no
• 7:58
  longer talk to them because of this.
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  I no longer talk to that to them because of that.
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  And I don't like this. And if you do this, you're bad.
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  If you do that, you're bad. And I cannot blah, blah, blah,
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  blah. I, I don't want to go into it.
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  I'm sure you're well aware of it.
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  So that's what I mean. The times that we're living in
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  social wise is volatile. You never know what one thing
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  you say could turn the entire mob against you that that not
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  mob turn people against you who you thought you were like part
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  of. Like I thought you were my team.
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  I thought you were my people. So that's what I mean by times
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  of volatility. So what do I mean by investing
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  during this time of volatility? I mean investing into the
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  relationships, right? Much like investing monetarily
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  for our future well-being, security, whatever, investing
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  into our relationships, especially now.
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  Perhaps it was easier back in the you can whatever decade you
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  you felt it was easier to maintain a friendship or
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  relationships with families, your family or whoever you were
• 9:34
  close to. But it is especially to
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  important to invest when times are chaotic and turbulent.
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  And when I say that, is that OK? Perhaps most of us have not
• 9:55
  considered, or perhaps most of you out there have.
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  You know, when I was young I was pretty carefree and like
• 10:00
  whatever. Not that I didn't care for my
• 10:04
  relationships, I just never put so much care into it.
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  And perhaps it is because I am. I'm over a half a century old
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  and certain life has taught me a few lessons that I've actually
• 10:27
  taken more seriously because, you know, I'm one of those
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  people. You teach me a lesson like, ah,
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  whatever. You're going to have to teach it
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  to me again. You're going to have to beat it
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  into my head. And then I am not a fast
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  learner. I will profess to that.
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  And if it, it's taking me quite a long time to understand that
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  investment isn't just like, hey, what's going on, right?
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  It's the proper management managing of how I am invested
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  towards relationships, how I manage it just like the stock
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  market, right? You can't just say I'm just
• 11:03
  going to buy this. Oh, and just leave it.
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  You can you, you can do that. You can certainly be a passive
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  investment investor. But like once JC Penney's was
• 11:16
  huge, well, they're no longer existing, right?
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  Like look at McDonald's, their stock is falling or whatever.
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  You can, you can name all kinds of previously sore.
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  Like, man, these, these companies, there's no way
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  they're going away. Well, they're going away, right?
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  That's what I mean, sure. What I, what I used to think
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  about passive investing is like, oh, you know, it is I am
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  thinking about investing, but I wasn't hands on.
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  And today I'm talking about especially if you had, if in all
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  of our lives, we've had relations, long term
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  relationships maybe spanning decades, maybe going back to
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  childhood, right? I'm not talking about family,
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  but also family. And generally, obviously, we all
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  have our differences and whatever differences that
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  existed before was properly managed, or maybe not properly
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  managed, but was let left alone because it really didn't impede
• 12:28
  the benefits of this relationship.
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  Like, yeah, you can feel that way.
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  I feel this way. Let's just go on because it
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  doesn't really matter because I still love you.
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  I care for you. But perhaps it's me, but I'm
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  seeing more of a divisive tone, even when it comes to long term
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  relationships where you know, you know this person, right, Not
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  because they wholeheartedly agree with everything you do.
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  That's impossible. I don't even agree with the
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  things I do. Looking back, I'm like, what?
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  What are you thinking? You know, I think there's a like
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  cartoon thing of Jackie Chan going so whatever.
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  But there's no way. But you know, the difference is
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  didn't corrupt the core of the relationship.
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  So and that's what I mean investing during times of
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  volatility. It didn't have to be today's
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  social climate, right? You could have your own
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  volatility within your own relationship, but you didn't
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  stop investing in it in in the in the relationship.
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  You know, like I'm done, I'm over you leaving, right.
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  If we all did that, I'm sure most of the relationship we have
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  will be broken or non existent. So just like going back to the
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  investing in the financial market, just like what the
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  experts say right when becoming an investor you have to know
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  from jump that there are times you will lose and there are
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  times you will win. As in like benefiting from the
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  good stock market or not, you will lose because of the crash
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  because perhaps whatever you invested in or I invested in was
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  not so great. Perhaps I just dumped a whole
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  bunch on JC Penney when I was, you know, two years old or
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  whatever, which is non existent. Create an example I'm giving.
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  Perhaps somebody dumped a whole bunch on JC Penney and just
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  like, ah, that is a sure thing. And then bother to look until
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  now you're like, Oh my gracious, where did it go?
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  Like it's gone, right. So that's what I mean it, it's
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  that you didn't give up. You you in your mind like, Oh,
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  well, once I start investing, I know there's a chance that I
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  might something might go wrong or and there's also the equal
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  chance that something might go right.
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  But knowing that remove the sort of reactionary behavior.
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  You know, I don't know if anybody watched the movie office
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  space, the game jumping to conclusions.
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  I love that movie. So Gen.
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  X. So in that manner, you're not
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  just jumping to conclusions based on the first information
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  you heard, but knowing this studies the the fear reaction
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  like, oh God, something's going bad.
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  I'm going to remove myself or something's going great.
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  I'm just going to dump even more in there is to remain balanced.
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  They in the relationships, especially now because man,
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  people have drawn lines in every way.
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  It like I previously said, now I want to help us perhaps use
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  example of stock market volatility and staying in the
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  market even when things are going bad.
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  But you know, based on your own judgement, right?
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  Because stock markets are different.
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  Everybody has their own style. So there's no way I can tell you
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  what is good and what is bad based on your judgement of what
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  you have invested in using the financial situation as an
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  example. Like, no, I'm going to ride this
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  out. I'm not going to let this fear
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  or this feeling of like, Oh my goodness, I, I can't handle it.
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  This is too much for me. Make me commit to a rash
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  decision which then will have long term consequences which
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  nobody can really predict, right.
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  So in the same way as a relationship right now.
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  It's true, we're all a party to it and and depending on how
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  depending on the level of willingness to draw lines, harsh
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  lines in the sand or in your life of either cutting people
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  out because of this or cutting people out because of that.
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  Think of this as the stock market volatility has this
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  particular investment in this relationship with this person
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  historically giving you good returns, right?
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  This is a solid thing. You know, even if you had
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  volatile times before, depending on what the argument or whatever
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  you guys were going through that it always came back, right.
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  So the difference between relationships and the financial
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  stuff, really what used to be stable before in this financial
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  sector can crash, could be completely gone.
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  But relationships not so much as not as risky.
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  I'm not saying there's no risk in investing continued
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  investment in relationships that have become volatile.
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  I'm not talking about like physical violence.
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  I'm not talking about domestic violence, nothing like that.
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  I'm talking about fighting like disagreements, right.
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  If this, depending on how long this has been disinvestment in
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  the relationship has been going on, you can look back on your
• 19:04
  historic patterns and assess whether keeping like just, yeah,
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  I know sometimes good things will happen, sometimes bad
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  things will happen. Whatever, I'm going to stay in
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  it. I'm going to continue investing
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  in this because I truly, based on my better judgement, believe
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  the return on investment is great for this relationship,
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  right? Some people stay long term
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  through the crashes like Great Depression, whatever.
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  Some people were so devastated because of those great crashes
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  that, you know, they did the extreme thing.
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  But if they would have just held on, been able to hold on, they
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  would have been able to recoup at least some partial, if not
• 20:02
  all and more of what they lost. This is when the fear, extreme
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  fear and reactionary sort of commitments to extreme behavior
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  can really impact the long term benefits of what could be.
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  Because if a relationship, just think about if a relationship
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  isn't tested, there's an old saying, fair weather friends,
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  right? If everything is always going
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  good, when things are going good and things fall apart,
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  especially when you need them the most or this relationship
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  the most, is that a relationship worth keeping?
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  Looking back on the history, you're like, well, we haven't
• 20:48
  really had any issues that we disagreed on it.
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  You know, small, like I don't want to eat at McDonald's.
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  You know, small disagreements, whatever.
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  They're like the wind blowing too hard and one minute and the
• 21:02
  next minute it's gone. So if you look back on the
• 21:06
  history, it's all been fair weathered.
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  And when and when, especially when something like a big old
• 21:15
  summer storm comes around or like a snowstorm comes around
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  and that relationship gone and all this, everything was tested
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  was what once you thought was a good stable thing like JC Penney
• 21:31
  or whatever. I think Kmart, right?
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  You're like, wow, I thought that was like legit, it was like a
• 21:41
  written in stone. How could that be?
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  Well, now you're going to have to come to the decision.
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  Do I continue investing during times of volatility?
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  Because volatility was not present before and now it's
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  here. Is this investment for this
• 22:01
  relationship enough for you to continue?
• 22:04
  You know, 'cause it for just to keep on nailing into this
• 22:09
  financial investment. As an example for relationship
• 22:15
  investment, like Dave Ramsey, there's this guy I watched on
• 22:18
  YouTube. His name is Jasper.
• 22:19
  I really don't know if I ever heard his last name.
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  Well, what they say is that, well, you know, you can't really
• 22:30
  benefit unless you invest. If you don't want any of the
• 22:33
  risk, then that's your choice. Then don't invest, right?
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  But if you're going to invest, keep in mind that it will be.
• 22:41
  There will be ups and downs. Downs so low that it will scare
• 22:46
  the living bejesus out of you and high so high you don't think
• 22:50
  it will ever go wrong. But the one thing is not to let
• 22:55
  the ups and downs really control how you behave in your own
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  investments, right? Is to if you believe this based
• 23:11
  on your best judgement, if you pick something, whether it is a
• 23:15
  stock or the relationship, if you believe, truly believe in it
• 23:20
  is to always be investing. When it's done, you invest, when
• 23:26
  it's up, you invest you are. We are looking for the long
• 23:31
  term, not the short volatile, whatever volatility that is
• 23:38
  being shown to you or me right now, right?
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  We're seeking long term return on investment.
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  So the best is to stay in the market, but also people don't
• 23:53
  just blindly stay in the market either.
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  Like keep using the JC Penney or Kmart as an example, right?
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  It's it is to be actively investing instead of being a
• 24:04
  passive investor. You can do that.
• 24:07
  You can definitely do that or you can even well financially,
• 24:12
  sure, you can hire financial managers and whatever, but
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  personal relationships, if we're not actively an active
• 24:21
  participant in our investments, we are in a sense allowing
• 24:37
  almost promoting a non beneficial outcome because for
• 24:46
  instance, just say you have you're married.
• 24:51
  Obviously, I'm not sorry, part of the military crew.
• 24:56
  You know how that goes. You're married or you can still
• 25:01
  be married in the military. There are miracles out there and
• 25:04
  congratulations, you survive. Sorry anyways.
• 25:12
  So there are long term marriages that I'm not saying they
• 25:18
  actively invested, but some, some people say, because, you
• 25:22
  know, they're like, oh, what am I, what else am I going to do?
• 25:25
  Or some people are really active in investing in their
• 25:29
  relationship. They're constantly, you know,
• 25:31
  checking is everything OK during times of volatility?
• 25:35
  They they're like, OK, this is happening.
• 25:39
  I'm going to control my level of fear or whatever non beneficial
• 25:45
  feeling emotion that could perhaps impact how an investment
• 25:51
  made. Maybe withholding investment,
• 25:54
  maybe, you know, pulling out of the market completely, but for
• 25:59
  whatever reason a marriage still exists.
• 26:05
  You can tell if the couple actively invested into each
• 26:11
  other in the long term. And you know, in a marriage
• 26:14
  there times of volatility is not an infrequent thing for all
• 26:21
  kinds of reasons, right? There's not, I, I know there's
• 26:27
  those Unicorn marriages out there.
• 26:31
  I believe I've actually known a few people with that.
• 26:36
  That's great. That's fantastic.
• 26:39
  But for the rest of us, really it has to be in, we have to be
• 26:43
  the active investors into whatever we're doing, especially
• 26:49
  during times of volatility. We don't want it to to be
• 26:55
  passively like, oh, whatever, I'm just, I'll just ride the
• 26:59
  storm out. Perhaps in the financial, this
• 27:02
  is where a difference in the financial world.
• 27:05
  Like I said, some if some people can hold on during crashes, they
• 27:09
  can write the storm out because there's really nothing they can
• 27:12
  do. But in concerning relationship,
• 27:16
  investing in your relationship, in our relationship, it is it's,
• 27:22
  it behooves you. It's especially prudent for us
• 27:27
  to be extra active in our involvement in the relation in
• 27:33
  the investing into the relationship.
• 27:36
  When is volatile right to pass it to let it oh, just right out
• 27:41
  of the storm. I'm not saying like go chase
• 27:43
  somebody down right, because we know that I'm not talking about
• 27:46
  the extremes like either passively, not just well, it
• 27:50
  will go away and it never does. It's like sweeping stuff under
• 27:53
  the carpet or I'm going to be so on it like you don't even give
• 27:57
  it room to breathe. You don't give the person time
• 28:00
  to think. I'm not talking about that
• 28:02
  either. I'm talking about a balanced
• 28:04
  approach is to be you can be actively involved, actively
• 28:08
  investing into that relationship by knowing when it is time to to
• 28:16
  give it room to breathe and when it's time to get actively like
• 28:21
  to do something right. And that's what I mean by this
• 28:29
  is a tried and true is that depending on how, based on your
• 28:33
  best judgement, the tried and true must share investment sort
• 28:41
  of advice is that always be investing in the relationships
• 28:51
  you hold near and dear to your heart, especially during times
• 28:56
  of volatility is to be watchful is to not jump to conclusions.
• 29:01
  Although technically speaking, perhaps I love that game, but in
• 29:09
  the privacy of my own head, I do jump to conclusions and then I
• 29:13
  try to temper myself. I'm not sure how well that
• 29:16
  works, but to be always investing in something you, you
• 29:21
  know it's worthwhile based on history, based on your own
• 29:26
  analysis, right? This has to be based on you.
• 29:28
  This is every situation is different and staying in the
• 29:33
  market in your, the market of your investing in your
• 29:37
  relationship, that is a long term issue.
• 29:41
  The return on investment is long term and so this jumping to
• 29:48
  conclusions and quick to act like I'm done without thinking
• 29:54
  of the consequences is how financially to lose out and also
• 30:01
  emotionally relationship wise we lose out.
• 30:05
  I'm not saying I haven't done things like that.
• 30:07
  I have and that's why, you know, I've been watching a lot of
• 30:15
  financial investment things. I'm like, wow, this is kind of,
• 30:18
  this is applicable in relationships too.
• 30:22
  Obviously we are more, we should be more active in our investment
• 30:26
  in relationship because financially we can't control
• 30:29
  what's going on in the greater financial world.
• 30:32
  But in our own lives, our own relationship, we can control,
• 30:40
  I'm not saying you can control the other person, but we can
• 30:42
  control what we can control. And that makes a big difference.
• 30:46
  We have, we are the biggest stockholders in our relationship
• 30:52
  investments and we have a lot of pull like you hear like oh oil
• 30:59
  went down, people are buying like oil went or when whatever
• 31:03
  went up, people are selling, right.
• 31:05
  That's a lot. I don't know who controls it,
• 31:07
  but I just know that I see the stock market going crazy in the
• 31:11
  same way. We are the oil holder, we are
• 31:14
  the oil barons or whoever sells oil.
• 31:16
  We control that. We can control the volatility in
• 31:22
  our own investment, that particular stock that we're
• 31:26
  investing in that particular relationship.
• 31:29
  We can make, we can make a rain, we can make the winds come if we
• 31:34
  wanted to. That's how much power we have.
• 31:38
  You know, it's but the only way to get any sort of return on
• 31:46
  investment is to to engage. Some people choose just to
• 31:53
  disengage entirely because they're like, oh, well, I just
• 31:56
  no, I can't. But being that we're human and
• 31:59
  we must interact, even if it's a minor relationship, right?
• 32:05
  Just say you love going to this one restaurant.
• 32:08
  It's it's it's minor. You're regular and, and this one
• 32:16
  waste staff is also regular and you don't particularly like this
• 32:21
  person, but they're always there, right?
• 32:24
  And every once in a while you're like, I don't want this person
• 32:29
  because they're this, that and the other.
• 32:30
  And you get this person. That's it.
• 32:34
  That's, that's a small investment.
• 32:36
  You're like, oh, this is a penny stock.
• 32:38
  Kind of, it doesn't really matter, but it is necessary
• 32:41
  because you know, whatever it is, it's I'm diversifying my
• 32:45
  investments. I, I must, this is one of the
• 32:47
  things I I believe has meaning in my life.
• 32:52
  So do you want to cost volatility like person has
• 33:00
  control over what you're going to be putting in your mouth?
• 33:07
  Do we want to completely disengage from that investment
• 33:13
  we can't cause Sure, the person can leave.
• 33:17
  Let's just the scenario is that this person will not leave and
• 33:21
  you will also not go to a different place because this is
• 33:25
  your place, this is my place. I'm not going nowhere, I'm not
• 33:30
  compromising. So this sort of investment,
• 33:35
  yeah, especially during times of volatility, it has to be
• 33:40
  actively watch over. You can't disengage, you can't
• 33:44
  let it pass because you don't really know the other person.
• 33:46
  You already don't like the other person, right.
• 33:49
  So to just whatever, perhaps it's not the best advice, not
• 34:01
  the best thing to do. And so right, So to invest in it
• 34:06
  like I'm just going to, I'm going to be nice.
• 34:10
  I'm going to do what God tells me to do.
• 34:13
  I'm going to treat everybody with respect, whether they
• 34:17
  deserve it or not, because God is the final justice people.
• 34:21
  So, but I'm going to do my part because everybody will get
• 34:24
  judged on their own and I'm going to keep this option for
• 34:30
  like the one of the best parts about my life is just eating at
• 34:34
  this place. I'm going to keep this open
• 34:36
  because this place is the real investment.
• 34:39
  This, the little bit of volatility that impacts the
• 34:44
  greatness, like the stability of this one stock emotionally that
• 34:48
  you have invested in doesn't really matter.
• 34:52
  So what it's a little bit of volatile right now, you can
• 34:56
  contain the fear, contain whatever all the feels that you
• 34:59
  feel from it and let it be and keep.
• 35:04
  And the return on investment is that you get to enjoy this one
• 35:10
  place, right, for the long haul, for as long as these people are
• 35:14
  there, for as long as you are here.
• 35:17
  So that's a greater investment instead of letting the little
• 35:20
  bit of volatility, you're like, oh, I'm done going there.
• 35:24
  And then you end up dreaming about the food and you find
• 35:28
  yourself, hadn't you hadn't drooled all over your pillow
• 35:31
  from dreaming about eating there?
• 35:37
  Sorry, I'm hungry anyways. But this is what I mean about a
• 35:44
  tried and true, a must share sort of thing is to be aware,
• 35:52
  stay in, stay actively, stay active in your investments,
• 36:00
  right? And make active, thoughtful
• 36:03
  decisions based on how you analyze the historical
• 36:10
  performance. How was, was it all fair weather
• 36:13
  or was there a lot of volatility and everything ended up great,
• 36:17
  right? Obviously, I'm going to say it
• 36:19
  again. Relationship investments are
• 36:21
  different from finances because finances we can't really
• 36:25
  control. We can just try to learn as much
• 36:27
  as we can. But with relationships, we are
• 36:29
  the wind maker. We are the storm maker of it, so
• 36:34
  to say, not saying the other person does or whatever.
• 36:39
  The relationships do not have also the the set of dual
• 36:43
  control, right. But we can do a lot to impact
• 36:47
  how we respond in that. So to the only way to get any
• 36:53
  sort of return on investment is to continue investing actively.
• 36:59
  You can pull back, you can invest more depending on your
• 37:02
  particular situation, but always be investing because it's like
• 37:12
  us, a relationship with just like us.
• 37:15
  If we like, oh, I ate so much the other day, I'm just going to
• 37:19
  stop eating because you know, it's nutrient.
• 37:22
  This investment is nutrient to the relationship.
• 37:26
  There's no stopping to passively allow something to go by or to
• 37:31
  whatever, right? It's sort of the starvation
• 37:36
  effect in when we do not eat. Sure, like fasting is a great
• 37:41
  thing. Intermittent fasting, let's not
• 37:43
  get into that. That's a great benefit.
• 37:45
  And just like that, you can use all the tools in your toolbox,
• 37:50
  like for your relationship. OK.
• 37:53
  You know what I think there perhaps it was overwhelmed too
• 38:01
  much. I'm going to do some
• 38:02
  intermittent fasting with this investment and see, but not to
• 38:06
  just let go completely. That's still active investing,
• 38:12
  especially during times of volatility.
• 38:18
  That's I, I think there's a, when I think about investing
• 38:30
  both financially and relationship wise, I believe
• 38:36
  I've learned perhaps later in life, later than I should have
• 38:44
  because I really didn't have any guidance is that they're very,
• 38:49
  very similar. And one thing we have to do is
• 38:54
  to think about it to be an active participant.
• 39:02
  And whatever we choose, it is still, it's not sort of like the
• 39:05
  game of luck, but perhaps in the financial market because I'm
• 39:11
  just not smart like that. But luck will be more on our
• 39:19
  side. So we just become more active in
• 39:26
  our participation. And you know, as usual, I, I
• 39:30
  don't share these things because I think I know better.
• 39:32
  Obviously I don't, I don't know better.
• 39:39
  But it's to put it out there perhaps to give a different
• 39:47
  perspective on investing, because our future is not only
• 39:51
  managed, you know, best secured by having a lot of money, it's
• 39:56
  also secured by having relationship, real relationships
• 39:59
  that will the return on investment is, you know, it's
• 40:07
  priceless. So I want to take my own advice,
• 40:16
  which I really tried to do before I I think about this
• 40:19
  stuff. As a way to put it out there to
• 40:21
  solidify what I'm trying to think, because a lot of a lot of
• 40:25
  times when I think about stuff like this, it's all in my mind
• 40:28
  and, and like, if I had something happen, I'll forget
• 40:30
  it. So this is a way to document it,
• 40:33
  to share it. Perhaps you don't agree with me.
• 40:36
  Perhaps you do. Perhaps now there's another way
• 40:40
  of seeing it. It is I truly want to share some
• 40:47
  of the stuff just because I, I, I think we are at the stage of
• 40:52
  life that a lot of us, if not most of us are considering these
• 40:57
  issues, relationship investment, financial investment, all these
• 41:01
  things because we are the sandwich generation.
• 41:06
  Now you got your parents, you got your kids, right?
• 41:09
  Every generation goes through that.
• 41:11
  But so especially looking at where we are in America as in
• 41:20
  socially and financially, this is a volatile time where as much
• 41:29
  as we may be fearful in either getting in the market because
• 41:33
  well it's too late whether financial or relationship wise
• 41:38
  or just making rash decisions and jumping out of the market.
• 41:45
  I think if we can just grow our, our awareness of the importance
• 41:54
  of being active in investing, that is the only way to have any
• 42:00
  sort of return on what we are investing in.
• 42:03
  And we must make the effort to do so, especially because times
• 42:08
  are volatile. Yeah, I, I think that's it.
• 42:17
  I, I say this a lot. Forgive me.
• 42:20
  I'm not, I don't, I don't sleep a lot.
• 42:24
  But when I have stressors causing me to think all night,
• 42:31
  I'm even more so tongue tied and so on.
• 42:36
  So if I am, I apologize. Thank you for listening.
• 42:39
  Thank you for allowing me to share.
• 42:44
  I appreciate you guys being here and as usual, I pray for you
• 42:47
  guys all the time. And until two weeks from now, I
• 42:52
  I'm going to try to not think so much when I should be getting
• 42:56
  the little bit of sleep that I should be getting right So I
• 42:59
  don't sound like this. Talk to you guys later. 2 weeks.
• 43:06
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• 43:10
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