Latest / Financial Survival Network / From Bootstraps to Millions: - Tay Sweat #5945
Transcript
- 0:00So the story for me, it starts, of course, of course reading
- 0:04books about nutrition. But I'm building a habit of reading books. So now
- 0:08I like reading because where I come from, it's frowned upon. We don't
- 0:12really care for reading where I come So I'm starting to like the books.
- 0:15I'm starting to like, you know, to have more information. And so
- 0:19I didn't say, hey, well if I could do this with my health
- 0:21just by reading a few books, maybe I could do this with about little.
- 0:24So I started reading more and more books. You were listening to Carrie
- 0:27Lutz's Financial Survival Network, where you get valuable information you just can't find anywhere
- 0:33else to thrive in today's trying times. You need the Financial Survival Network now
- 0:39more than ever. Go to Financial Survivalnetwork dot com and get your free newsletter
- 0:44and gift. Financial Survival Network now more than ever. And welcome. You
- 0:54are listening to watching the Financial Survival Network. I'm your host, Carrie Lutz.
- 1:00Well, person you're about to hear from. True is proof that you
- 1:04can build eight figures without major financing. Tay Sweat Dynamic success. Your journey
- 1:15from launching a Sweat for life to eight figure success. How does this happen
- 1:21tay honestly, pure great on my end, and a lot of luck.
- 1:26I always need luck. I mean always say I'd rather be lucky than smart,
- 1:33absolutely, and anyone who's successful says that too, because it's a lot
- 1:38easier to be lucky than it is to be smart. But if you're smart,
- 1:42maybe you get to hold on to some of it. If you're lucky,
- 1:47you know, you never know. So like tell us where you grew
- 1:53up, what it was like growing up there, and how you made this
- 1:59transition. Absolutely so. Born and raised in Nashville, Tennessee. Single mom.
- 2:07You know, she worked multiple jobs, so very hard working mother.
- 2:12I have a younger brother, two of us, two boys, single mom
- 2:15raising two boys. And honestly, the environment that I grew up in wasn't
- 2:21the best for you know, education, It wasn't the best who were healthy
- 2:25eating. I had a lot of you know things that I had to face.
- 2:30They called that a food desert, right, so that you can get
- 2:35as fast food, which is if you consider that you wouldn't put gasoline in
- 2:44your car that was diluted with fifty percent water, you shouldn't be putting food
- 2:49in your body that has zero nutritional value. And basically is going to kill
- 2:53you over time. Right movement, Absolutely correct, And yeah, that was
- 2:59that was pretty much's you know, my upbringing. So I played in a
- 3:02very active in sports in my childhood. But still, even you know,
- 3:07being so active, I ended up gaining a lot of weight. So at
- 3:10maybe fifteen sixteen, I was three hundred and forty pounds. Oh my god,
- 3:15wow, very overweight. Yeah, very overweight. I had ended up
- 3:19getting diabetes, high blood pressure, all the stuff that comes with the fast
- 3:25metabolic syndrome. Man, that's saying high blood pressure, high sugar, high
- 3:30cholesterol. I'm sure your your triglycerides were through the roof as well, right,
- 3:36absolutely, he's indlinget all it. Hey, that's it. Yeah,
- 3:39many been there, done that. You know. I used to weigh like
- 3:43my peak clost to fifty pounds more than I weigh right now, and not
- 3:50quite as extreme as your case, but still it takes put toll on your
- 3:53body, your limbs, your knees, your shoulders, your hips, everything,
- 4:00your body. It's just not designed to really put up with that.
- 4:04So something changed though for you. And also I assume that in the situation
- 4:11you were in, it was hard to avoid negative negative interactions with law enforcement
- 4:17too as well. Right, absolutely, if you didn't have enough, absolutely,
- 4:21so your layering it on, right, so you have all these things
- 4:25that are you know, essentially against you. But for me, I'm a
- 4:28very positive person. If you know me, you know I'm always walking around
- 4:32a smile. I'mstaying so even you know back then that was my case.
- 4:35So I'm looking around using it. I'm the very you know, I'm not
- 4:41the brightest, but I'm very common with my sense. So I'm very common
- 4:45sense type of person, and I'm very logical. So essentially I'm looking at
- 4:49around and people who have the things that I have, diabetes, high blood
- 4:54pressure, all the weight. They're a little bit older, maybe ten years,
- 4:57five years older. I'm noticing that haven't shoes. They're dying there.
- 5:00You know, they're going through things that I see myself going down that same
- 5:05road. And I don't want to deal with these things. So I'm telling
- 5:08myself, hey, if we have the same qualities or worth sharing the same
- 5:13illness, I should change this because I don't want that result. And that's
- 5:16literally where the light bulb went off in my head and from then I started
- 5:21studying at a very young age. I started studying nutrition. I was walking
- 5:25around high school with a gallon of water. Like literally, I just flipped
- 5:30the switch and changed my trajectory. So fast forward, I just boozing,
- 5:34you know, over one hundred and twenty pounds I got now to maybe hundred
- 5:40and eighty pounds. Diabetes went the way, high blood pressure and hard disease
- 5:46at all, subsibin. We stopped beating garbage. It's amazing. Now your
- 5:49body is a self correcting mechanism of organism. And probably I would venture to
- 5:57say, you're thinking cleared uply had foggy. You wake up and your brain
- 6:02you just have brain fog from all that sugar floating around there, all those
- 6:08carbohydrates. You cut them out, and all of a sudden, your body's
- 6:11burning ketones and you have such clarity, and then you can work on the
- 6:17external world. You worked on the internal world right absolutely spotal and yeah,
- 6:24that's exactly what was happening, you know, fasting. So yeah, a
- 6:28big part of my journey came from fasting. Like you said, taquitosis.
- 6:30And then you love your story, man, because so many of you out
- 6:36there don't do this, and it's not that hard. You know, all
- 6:42you got to do is shut your mouth. You're not gonna You're not going
- 6:45to become healthy going to the gym, although exercise is certainly a pillar of
- 6:49good health and vital to good health activity. But uh, if you shut
- 6:56your mouth, you stop beating garbage and fast fast thing. I've done it
- 7:01myself. The most I was able to do is three and a half almost
- 7:04four days. It sounds like you you were like on week long fast.
- 7:10Actually no so at the time, because I was still very active. I
- 7:14would do anywhere between twenty four to seventy two hours. Oh it's perfectory.
- 7:17Yeah, it didn't take a lot. I didn't do any extended I think
- 7:20the longest I've tried extended fast, and I think the longest I do was
- 7:25six days. So I didn't get to six days on water Oh water fast
- 7:30I do, like I'm not wow coffee coffee fast absolutely So yeah, you
- 7:36know I love fast and said something I still practiced to this day. It's
- 7:42very helpful for you, know when you said the cop of the function is
- 7:46amazing, Right, So if don fast and you want to be more productive
- 7:54time wise, and also commenty fastenest the way to go listens that totally agree
- 8:01with that and the and then the clarity of mind, you know, like
- 8:05I didn't know it, but myself, I just hyper glycemic my entire life,
- 8:11and when I had that three o'clock crash in the afternoon, I'd be
- 8:13ready to pass out. And even still if I eat a lot of bread
- 8:18early in the day or something sweet, I'll still get that hyper glycemic crash.
- 8:24And then when you don't have it, it's like, wow, this
- 8:28is like this, this is the way it's supposed to be, right right,
- 8:33absolutely absolutely, And you know that's that's my everyday routine as well,
- 8:37because I noticed that, you know, during the day and I get to
- 8:41work out in I make sure you know, doing my trading, and I'm
- 8:43making sure you either facet or super super low car If I do have carbs,
- 8:50it'd be berries, you know sometimes. Yeah, I know that was
- 8:54great rings of high fiber loan carbs. I'm also like big into dark chocolate,
- 9:00not too much of it, but it just doesn't have a lot of
- 9:03carbs and it's got a lot of other benefits. So hey, so if
- 9:07you can turn around your health, then you can turn around your wealth.
- 9:11Right, that's right, absolutely, So tell us your financial journey because it
- 9:18sounds like it kind of paralleled your health, your physical journey. Absolutely.
- 9:24I think I tell people to you know, to this day, it's very
- 9:26hard to have the wealth without the health. And for me, the wealth
- 9:33came after the health. I once I was able to improve my vessel and
- 9:37get it, you know, firing on all cylinders, I was able to
- 9:41read more books. I remember when you eat a very high carbohydrate, high
- 9:46sugar diet and you try to read a book. Oh, forget it all
- 9:52in a sleep, right, Hey man, it's I. You know,
- 9:56we're so similar. We grew up in totally different background. But Matt I
- 10:01was eating pretzels and chips before they came up with barbecue potato chips, where
- 10:05the is the first, in my opinion, the first biohacked food where they
- 10:09put sweet and salt and threw in some vinegar. So you can totally short
- 10:15circuit your body is satiety mechanism. You could just eat like bags of these
- 10:20things, worst thing in the world for you. And we just know about
- 10:22glycemic indexes, glycemic response. We didn't understand that, you know, the
- 10:31nutrition was telling us no, low car low fat, don't look at the
- 10:37food pyramid, just to have as much carbs as you want. Don't eat
- 10:39fat because that'll kill you. And it is exactly the opposite. So and
- 10:43you know, when it comes to building wealth, they tell us all these
- 10:46things, and there's a lot of deception going on there as well. If
- 10:50there was a wealth pyramid put up the Department of Treasury, it would be
- 10:56as deceptive as the food pyramid put out by the Department of Agriculture. Absolutely,
- 11:01absolutely they want you to I'll go to school for forty you know,
- 11:05for twenty years, and work a job for forty and you know that time.
- 11:09Yea, yeah, that's fine, that's okay if you if that's what
- 11:13you want, absolutely, but as a pathway, you know, and look
- 11:16like an average person, you buy a house in your twenties, you get
- 11:22married, you have a job, you work. I mean, if that's
- 11:26what you want to do, that's great, and you will succeed. But
- 11:31if you're eating badly, you might die before you get to realize the rewards
- 11:35of your lifetime of labor. So that's exactly where I was going. Yeah,
- 11:39because you tend to see our you know, our grandparents or even our
- 11:45parents, you know, they got to retirement age and couldn't enjoy because they're
- 11:50sick. When they were, you know, keeping up with other sick family
- 11:54members. So maybe they weren't sick, but maybe a husband and wife and
- 11:58you know, a son order, maybe they were sick so they had to
- 12:01take care of them. So your whole retirement is down the toilet because you
- 12:05have to work another job, and that job is family and sickness. So
- 12:11I see it. I see it often, see that a lot. Yeah,
- 12:15yep, yep, it's so true. So so how did you How
- 12:18did you learn to build wealth? And who taught you? You must have
- 12:22had some mentors here, absolutely plenty of mentors. So the story for me,
- 12:28it starts, of course, of course, reading books about nutrition.
- 12:31But I'm building a habit of reading books. So now I like reading because
- 12:35where I come from from, it's frowned upon. We don't we don't really
- 12:39care for reading where I come from. So I'm starting to like the books.
- 12:41I'm starting to like, you know, to have more information. And
- 12:45so I didn't say, hey, well if I could do this with my
- 12:46health just by reading a few books, maybe that could do this without will.
- 12:50So I started reading more and more books. The you know, Rachiss
- 12:52man in bab blah blah. Oh, I love that right, acre and
- 12:56acres of diamonds. I'll bet you did acres of diamonds thinking rich or that
- 13:01think and grow rich. Well this, sir, yes, sir, so
- 13:07for me and I started there and it opened my brain. It just gives
- 13:11you a clear sight of what you should be doing, different than what majority
- 13:16of people are doing. So I started business as a personal trainer. People
- 13:20saw me lost, you know, I lost so much weight to think,
- 13:24hey can you just teach us? Say, hey, of course I can.
- 13:26So I started personal training business. And this is back in maybe twenty
- 13:31thirteen, twenty twelve. Yeah, I start, you know, training,
- 13:37and I knew that I needed to get around wealth because of course in richest
- 13:41man, rich man in Babylon, that's one of the things you know,
- 13:43see if you can get around, you know, the wealth. So I
- 13:46knew that personal training will be a great area not only to exercise my superpower,
- 13:52which was how to lose weight at the time, but also I could
- 13:56get around people who could afford personal training, which is usually going to be
- 13:58some one who has decent amounts of money. Very smart. So I get
- 14:07around few, you know, doctors, lawyers. Actually one of my best
- 14:11friends that came from my personal training journey, he's a surgeon at Vanderbilt.
- 14:18And as I see a lot of my clients struggling with certain habits like nutrition,
- 14:28I'm noticing very I guess seeing it's very similar in how the discipline or
- 14:35the lack thereof in the world of finance and success. I noticed that the
- 14:39discipline might be great on the success side, but not so well the eating
- 14:45and the health side. And I noticed a lot of the people who I
- 14:48personal train and work with the nutrition, they had it together financially, but
- 14:54were struggled, you know, in the health. I get it. And
- 14:58I saw to tell myself, if I can keep my health together and also
- 15:05get the wealth, I'd be much better than these people myself. And so
- 15:13I'm talking to him. You know, his name is Manny. So I'm
- 15:15talking to doctor Manny, and I'm thinking, hey, man, I think
- 15:20if you can become a surgeon, a high level surgeon, went to Brown,
- 15:26went to Harvard, if you can do this and still struggle with discipline
- 15:31in your eating, then I'm knowing that there's much more to you and much
- 15:35more that can be done if you tighten up the discipline. So I'm going
- 15:39to practice some of the things you've done, but I want to add the
- 15:41discipline to it, and I'm going to reach this just like you did.
- 15:46And we had that talk. He said, man, you're got to be
- 15:48a rich man. And he had a crystal ball because he did come true.
- 15:56Word, that's so great. So all right, so from personal training,
- 16:03obviously you're not going to be an eight figure personal trainer. So how
- 16:07did it go from there? Absolutely not. I did get I did do
- 16:12really well for myself. One of the things I noticed, so I hired
- 16:17a coach. It's one of my first mentors. I think it was AJ.
- 16:21So AJ put in my head that the only way to reach true wealth
- 16:29is to stop training hours for dollars. Yes, I had to do.
- 16:33And so I noticed that as a personal trainer, it's hey, pay me
- 16:37and at the time it was one hundred bucks an hour. So yeah,
- 16:41I give you an hour, you give me one hundred bucks. Well,
- 16:44there's only so many hours in the day. It's only so many, you
- 16:47know, trainings that you can do a week. So we come up with
- 16:49a hybrid plan to take it to the internet. And this is right around
- 16:55the beginning of Instagram and YouTube starts to blow up. So I decided to
- 17:02start training people online. And instead of training time for money, I decided
- 17:07to create a system to where I could work with three hundred, four hundred
- 17:11and five hundred people with maybe half the time that I normally would do.
- 17:17So I charged the membership I started, you know, it was maybe three
- 17:21hundred bucks a month, and I started teaching for free on YouTube. As
- 17:25far as health goes, this is what the dude just giving value. You
- 17:27get value, you get value. And the more value I got, the
- 17:30you know, reciprocity pouring on in and people started signing up and started making
- 17:36three hundred bucks a month per person, and so yeah, we got to
- 17:41my first one hundred people and things started looking pretty crazy and thinking, oh
- 17:45wow, this is the US viral. Oh yeah, this is getting good
- 17:48before we knew what viral was. That's right. So I'm you know,
- 17:52blown away because you know, thirty k a month for me is you know,
- 17:57back especially where I coach from. Its guess a lot of monch sure
- 18:03any place you come for accident, the wealthiest people in society, thirty k
- 18:07of months is making a darn good living. Absolutely absolutely. So yeah,
- 18:12I'm thinking, now, okay, we we're onto something. So it starts
- 18:17growing and it goes from you know, one hundred people, two hundred people,
- 18:19goes to three fifty four hundred. I'm thinking, Okay, this is
- 18:22way too much money for me. I don't know how do I do with
- 18:26it. So I'm stacking money. I'm not spending anything. I kept my
- 18:30camry. I had a twenty ten camry. I just kept the can right
- 18:33live beneath your beans, Yes, sir, absolutely. And so I'm living
- 18:37in the same apartment that I was in. I litter just I just kept
- 18:41saving the money and reinvesting into the business. And I meet so my good
- 18:48friend, doctor Mannie. He introduces me to another potential client as name is
- 18:53Charlie. And Charlie really good guy. He you know, he wants to
- 18:56work with me. You know very I could tell just from his conversation.
- 19:02Uh, he's a very rich man because huh yeah, he had a not
- 19:07so will leg. His leg was pretty messed up. And he goes,
- 19:11hey, if you can help me fix my leg, I'll give you five
- 19:12million dollars. That's one you got to go for, man, Absolutely right.
- 19:22So I'm thinking I'm going, wait a minute, Okay, this guy,
- 19:23even if it's really helped a lot of money to even say something like
- 19:27that. Well, come to find out Charlie was a billionaire. Okay,
- 19:32some five million for health. That's a good trick. That's a great money
- 19:37buy health, you know, absolutely absolutely, so I'm thinking, okay,
- 19:41wait a minute, I definitely want to work with you. I definitely want
- 19:45to help you heal your leg, your leg and strengthen it up. However,
- 19:48I don't want your money, I said, I want the education that
- 19:52you have, the know how how did you become a billionaire? What do
- 19:56you do? And I really got introduced at that point to equities and else
- 20:02where. It all went straight up from there, and I then found out
- 20:07what to do with my money. How did I have, you know,
- 20:10equities and how to get equity in real estate? And you know, so
- 20:14I bought my first place and things started coming along from there and over the
- 20:18time, you know, things really got well. And that's how we reached
- 20:22those nothings of the a shigures. Really so, so, how did Charlie's
- 20:29leg do? Charli's leg got a little bit better. It was something that
- 20:32it was nerve damage that wasn't anything that could be fully huge. Yeah,
- 20:36not by me, you know, without surgery. That's what I want to
- 20:41know. I don't care about. I don't care about as contacts or anything
- 20:45else. I want to know, like how Charlie's leg worked out. But
- 20:48you know, I'm just kidding, but you know it's like, yeah,
- 20:52when when there's damage to your body, there's reversible damage. And there is
- 21:00reversible damage, right, absolutely, and so the point is that you really
- 21:08you have to prevent that irreversible damage from taking place. And easier said than
- 21:15done. But okay, so so now we're we're swimming with the sharks here,
- 21:22right, and the sharks Now, so if you had to sum up
- 21:26what wealthy people, what the difference between wealthy and poor people is in the
- 21:33middle class, what would that be? Oh, that's a great question.
- 21:37The number one thing that I've seen the differences in wealthy versus poor people is
- 21:45poor people tend to spend money on liabilities you like, you know, Robert
- 21:51Yessaki, Absolutely right, We like things like absolutely, and we take out
- 21:57debt for cars, We take out debt our shoes and the clothes and vacations,
- 22:03and that stuff does not return any money, so you're on the hook
- 22:07to pay that off later. So you're borrowing tomorrow's money for today things.
- 22:12And what I notice is that with the wealthy, you know, what we
- 22:17do is we borrow tomorrow's money to invest today. Yeah, and investment pays
- 22:23back the money and brings tomorrow money at the same time. Sutcha. That
- 22:30was the biggest thing I noticed. Okay, so, uh yeah, there's
- 22:36what Robert Kiyosaki says, and I've experienced this firsthand. There's good debt,
- 22:40there's bad debt. Good debt is enables you to buy assets that bring cash
- 22:45flow and basically pay for themselves. Bad debt is buy you know, mortgage
- 22:51for a house, which, look, it could be good debt. Honestly,
- 22:56during these inflationary times. If you could have gotten a three percent mortgage
- 23:00with the inflation rate as it is now, that's good death. But you
- 23:06know, and then cars and things like that, that's bad death. So
- 23:11uh all right, So then but then that's enough to make a few million
- 23:15maybe, But to get eight figures, how does that work? So with
- 23:19the eight figures, it's the combination of few thinks. At this time I'm
- 23:25investing, this is over of course, I see I met Charlie at maybe
- 23:29twenty five, so I was twenty five when I met Chardon, who thirty
- 23:33four now, so it was almost ten years ago. So at the time,
- 23:37I'm investing in things that and of course, you know it's one of
- 23:41Robert kiss Back his favorite bitcoin, and I'm hearing a lot of you know,
- 23:47trash is you know, cash is trash, and you know in gold,
- 23:51get in bigcoin, and get in real estate. So you know,
- 23:55at the time I'm buying bitcoin and I'm buying stocks, I'll still buy stocks.
- 23:59I like stocks. Yeah, And honestly, I'm just piling Monday into
- 24:03bigcoin, piling Bunny into I think I got a big coin. At the
- 24:08first time I bought it, it was at three thousand dollars, and I
- 24:12kept accumulating as high as eleven maybe twelve thousand, yea eleven, twelve thousand,
- 24:19and it shot up to sixty sixty eight. He had called the pink
- 24:27all the peak Soday, me and master trader Nick Santiago called the peak of
- 24:33bitcoin to the day. So I got out, Yeah, I got out.
- 24:38I saw reversal signs, but by this time I'm pretty good with technical
- 24:44analysis. I'm looking at the reversal signs and I see a nice big head
- 24:48and shoulders forming. I saw a topping tail. I saw I saw a
- 24:52few things sellers stepping in at that sixty eight thousand, so I was fully
- 24:57out. I was fully I sold my last bit coin at maybe sixty five.
- 25:02Oh man, you got it right at the top. I mean I
- 25:04didn't spy, but I knew to sell at that at that peak for sure,
- 25:08because it is a parabolic move. Markets don't support that, and people
- 25:14get sucked in, and you're either dumb money or smart money. All right,
- 25:18So fast forward to today. Where are we today? So things are
- 25:23looking well today. And I took a lot of the money that I made
- 25:26bigcoin s and P five hundred also day not day trade, more of a
- 25:30swing trade, a swing trade options. So things that neg out pretty well.
- 25:37So I've invested in a few real estate dues here and I live in
- 25:40Puerto Ricano, so bot a condo beach front condo property here in Puerto Rico.
- 25:47And that thing does pretty well performance wise as well as a red tool.
- 25:53So we ranked it out and you know, honestly, we're just looking
- 25:57for the next big thing. I'm looking. I'm checking my charts and I'm
- 26:02looking and I'm seeing what is the next opportunity. But honestly, I'm seeing
- 26:06some things play out here. So I'm waiting for a pullback in the market
- 26:10here. I feel like the s P five hundred and is in a wave
- 26:14down. People have a wave see down maybe too, I say maybe thirty
- 26:19eight hundred, thirty eight hundred my SP five hundreds. What I'm looking for
- 26:23as little as maybe three thousand, I think, so, so that's like
- 26:29almost a third of what off of where it's at today. Right Absolutely,
- 26:33we're sitting at roughly forty f week three three and some change, so forty
- 26:38two forty three. You know, I don't watch it every day because it
- 26:41drives me insane and I'm not a trader. Yeah, but it's all good,
- 26:47right absolutely absolutely, so, so yeah, I'm looking at you know,
- 26:52we have five waves down. I'm looking at the bigger timeframe and I'm
- 26:56looking at uh, you know, usually when you see a five wave five
- 27:00way movement, it's usually gonna be a bearish move. So this olish move
- 27:06we've seen over the last maybe six months, maybe even a year, because
- 27:10I want to say the bottom was October twenty two, So the bottom of
- 27:14October twenty two we had a rally. I think this was our ABC up
- 27:18or corrective move. So i'd like to see a move lower. Yeah and
- 27:23yeah. At that lower move, I'll definitely be looking to load up because
- 27:27I see I see some pinions of potential five thousand on the S five hundreds.
- 27:33I'd like to get any of that load. Uh huh, Okay,
- 27:37So we should be selling right now or should we just get out and wait
- 27:41for it to When do you think it's going to turn around? I don't
- 27:44think it's on the turn around yet. I personally have us moving up another
- 27:48I'd say maybe forty. So if we're forty two forty three hundred right now,
- 27:52I see maybe forty fives before or out with back to bushit. But
- 27:56I may start adding to a position maybe around swy false wave. That's I
- 28:00usually scale in I'm doing you're doing ETF, So what are you doing?
- 28:04So I usually trace the spiders, so the spy s B why, yeah,
- 28:08I'm sure the five hundred. Yeah, got it. I like I
- 28:14like to see a move up just a little bit, and maybe I'll love
- 28:15to fade it down down to four hundred three eighty on the spine and yeah,
- 28:21we're looking to grab some long so I can take in up over the
- 28:23next few years. All right, cool. So what about leverage using leverage?
- 28:29Well, obviously, if you're buying futures, you're leveraging. But in
- 28:34general, training people, what do you do? Uh? With training people?
- 28:38I absolute littlely stay away from leverage. Absolutely, I don't think it's
- 28:44more especially starting out. I'd rather people practice with the cheapest or the most
- 28:49or the least risk. So we buy shares, We say, hey,
- 28:53get in. If it moves five dollars, you lose five dollars a year.
- 28:57Right, It's something that you can stomach versus you know, leverage.
- 29:02You know I've seen crazy leverage, especially the crypto world. Yeah, oh
- 29:06yeah, well you see what's happened to Sometimes they're so leverage they don't even
- 29:11own the actual crypto, like Sam the Freedman right to name bank freed Absolutely,
- 29:18so I don't I'm not a big fan of the leverage. Yes,
- 29:21this is a great opportunity if you know exactly what you're doing, But even
- 29:25in my case, I'm pretty good at what I do, and I still
- 29:26don't believe in leverage, not too much lever, so to your point once
- 29:32the thing is futures do like options as well, but I'm not going too
- 29:37crazy with the leverage, and even with the trading futures and options, I'm
- 29:41very conservative with myes. I'm not, you know, betting the house.
- 29:48Yeah, I'm I'm Hey, I'm with you one hundred percent. Hey,
- 29:52we want to find out more about you want to do. I want to
- 29:57connect with you on the web. How do you do that? Absolutely so.
- 30:00I'm pretty active on Instagram, so at taste, wet, t a
- 30:06y, sweat and there. If you have any questions or anything, just
- 30:11send me a message to DM. I do answer my DM, no matter
- 30:14how big my follower is, I will answer. All right, So we
- 30:18got it. We got a link in the show notes to your site on
- 30:22Financial Survival Network dot com. It's in the show notes for this interview.
- 30:26While you're there, sign up for your free newsletter. Okay, we're going
- 30:30to have you on again because I have like a lot of topics I want
- 30:33to cover with you. I find your story personally very inspiring, gives me
- 30:40hope for thank you for a lot of people that really don't have hope.
- 30:45Now and I get the idea that you give back to the community and you're
- 30:49trying to bring as many people with you as you possibly can, and that's
- 30:53to be commended. Hey, we will talk to you again. If you
- 30:56got a question for Tay or myself. I hope you do. You've been
- 31:00in a situation like Tay, let us know. The email address is kl
- 31:06at Carrie LUTs dot com. Hey, you're on our list. We'll talk
- 31:08to you again real soon. Thanks so much. Thanks moving Gary talk.
- 31:12So thanks for listening to Carrie Letz's Financial Survival Network, your solution to today's
- 31:18trying times. For the latest, go to Financial Survivalnetwork dot com. Financial
- 31:23Survival Network now more than ever