Latest / Earn Your Leisure / 74% of Americans Are Stressed About Money! What Does it Mean?
Transcript
- 0:00Speaker 1: An illegal alien from Guatemala charged with raping a child
- 0:03Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 0:07Speaker 1: accused of murdering a Texas man of Venezuelan charged with
- 0:11Speaker 1: filming and selling child pornography in Michigan. These are just
- 0:15Speaker 1: some of the heinous migrant criminals caught because of President
- 0:19Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 0:23Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 0:28Speaker 1: crossings are at the lowest levels ever recorded, and over
- 0:31Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 0:35Speaker 1: are here illegally, your next you will be fined nearly
- 0:39Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
- 0:43Speaker 1: never return. But if you register using our CBP home
- 0:46Speaker 1: app and leave now, you could be allowed to return legally.
- 0:50Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
- 0:55Speaker 1: border and families will.
- 0:57Speaker 2: Be protected sponsored by the United States Department of Homeland Security.
- 1:00Speaker 3: So let's talk about this. Seventy four percent of Americans
- 1:02Speaker 3: are stressed out about finances. Are we on the verge
- 1:04Speaker 3: of a crisis?
- 1:06Speaker 4: I don't think we are. But since we're speaking about
- 1:09Speaker 4: our presidents. I think it would be who of you
- 1:12Speaker 4: to maybe get together with some guys that can teach
- 1:16Speaker 4: the United States how to win in this stock market
- 1:19Speaker 4: every single week. I don't think we're there on a crisis,
- 1:23Speaker 4: but the fact that even people that make one hundred
- 1:26Speaker 4: and seventy five thousand to two hundred thousand dollars a
- 1:29Speaker 4: year are considering themselves feeling like they're poor. We need
- 1:33Speaker 4: to find a way to fix that problem really quickly.
- 1:36Speaker 4: I know that they're supposed to cut rates, but when
- 1:40Speaker 4: the average car payment is now seven point fifty, most
- 1:44Speaker 4: cars are costing seventy granted up renders unaffordable. Shout to
- 1:49Speaker 4: my parents. Daycare costs, childcare, tuition for schools are.
- 1:54Speaker 5: Higher than ever.
- 1:56Speaker 4: We need to begin to find a way to fix
- 1:58Speaker 4: this before this gets out of hand, because I haven't
- 2:01Speaker 4: felt most people have this kind of despair in a
- 2:04Speaker 4: long time.
- 2:04Speaker 5: Like things even.
- 2:05Speaker 4: Got politically so bad at one point, like Tea Party
- 2:09Speaker 4: members and Black Lives Matter members were thinking of getting
- 2:12Speaker 4: together the rally together. You know what kind of financial
- 2:15Speaker 4: duress it would take for like Umar and Alex Jones
- 2:19Speaker 4: to like get along and be like, bro, we need
- 2:21Speaker 4: to team up like it's unrested at the highest level.
- 2:24Speaker 4: So I don't think we're there at a crisis level yet,
- 2:28Speaker 4: but I'm interested to see what the Christmas shopping season
- 2:31Speaker 4: looks like, how retailers are affected. That would give us
- 2:34Speaker 4: a better sign. But if this isn't fixed in two
- 2:36Speaker 4: or three years, we could see some trouble amongst the
- 2:40Speaker 4: economy for sure. But what do you guys think?
- 2:46Speaker 3: Yeah, I think it's you know, it's definitely you know,
- 2:49Speaker 3: a different world that we live in. Like you said,
- 2:51Speaker 3: you know, average car payment is like seven hundred dollars now,
- 2:55Speaker 3: and yeah, you know, just put something on Instagram that
- 3:01Speaker 3: millennials are saying that you need at least five hundred
- 3:02Speaker 3: thousand dollars a year to feel comfortable as a millennial.
- 3:08Speaker 3: And that's a lot of pressure. I thought the five
- 3:10Speaker 3: hundred dollars a date was pressure. I got to make
- 3:13Speaker 3: five hundred thousand a year.
- 3:14Speaker 5: Oh baby, that's tough.
- 3:17Speaker 3: Yeah, So you know, I think AI, everything is just
- 3:19Speaker 3: going to accelerate. The rich you're gonna get richer, and
- 3:20Speaker 3: the poor gonna get poor, and you're gonna see the
- 3:22Speaker 3: wealth gap you know, just you know, grow, and is
- 3:28Speaker 3: what we're seeing right now. You know, it's a lot
- 3:31Speaker 3: of people making a lot of money, and then there's
- 3:33Speaker 3: a lot of people that are struggling. So as people
- 3:37Speaker 3: are making more money, that's only going to continue to
- 3:41Speaker 3: you know, grow, and the people that are struggling and
- 3:46Speaker 3: probably continue to struggle even more, you know, Yeah, replacements
- 3:51Speaker 3: of jobs and different things of that nature. So it's
- 3:53Speaker 3: going to be you know, probably a difficult situation for
- 3:56Speaker 3: a lot of people for sure.
- 3:57Speaker 6: Yeah, education is the key tune into shows like this
- 4:02Speaker 6: reading it's the only thing, right, I feel like financial
- 4:07Speaker 6: crisis in our communities that's been every.
- 4:10Speaker 5: Year, right, every every year.
- 4:12Speaker 6: It feels like a financial crisis because we've been in
- 4:14Speaker 6: survival mode for so long.
- 4:17Speaker 4: And with education cross pubblough to cut you off to
- 4:20Speaker 4: other races, now they're filling our plight.
- 4:23Speaker 6: Yeah, we have a certain set of skills to be
- 4:25Speaker 6: in these conditions and make good of it and try
- 4:28Speaker 6: to figure ways out and every now and then you'll
- 4:31Speaker 6: start to see people come out of it. But education
- 4:33Speaker 6: is the great equalizer, is the thing that can change
- 4:36Speaker 6: our circumstance. It can change everybody's circumstance to a certain stance,
- 4:39Speaker 6: so it doesn't matter which demographic or what ethnic background
- 4:42Speaker 6: you're from.
- 4:43Speaker 5: If education is part.
- 4:44Speaker 6: Of the daily diet, that can help alleviate some of
- 4:48Speaker 6: some of that distress when it comes to finance. So yeah, man, education,
- 4:53Speaker 6: Educate yourself in a multitude of ways, not just you know, podcasts, read,
- 4:58Speaker 6: put yourself in networking that works with people who have
- 5:01Speaker 6: brilliant ideas and have like minds.
- 5:04Speaker 5: It's there. It really is. The only erners.
- 5:08Speaker 7: What's up? You ever walk into a small business and
- 5:10Speaker 7: everything just works like the checkout is fast, the receipts
- 5:13Speaker 7: are digital, tipping is a breeze, and you're out the
- 5:17Speaker 7: door before the line even builds. Odds are they're using Square.
- 5:21Speaker 7: We love supporting businesses that run on Square because it
- 5:24Speaker 7: just feels seamless. Whether it's a local coffee shop, a
- 5:27Speaker 7: vendor at a pop up market, or even one of
- 5:30Speaker 7: our merch partners. Square makes it easy for them to
- 5:33Speaker 7: take payments, manage inventory, and run their business with confidence,
- 5:37Speaker 7: all from one simple system. If you're a business owner
- 5:40Speaker 7: or even just thinking about launching something soon, Square is
- 5:44Speaker 7: hands down one of the best tools out there to
- 5:46Speaker 7: help you start, run and grow. It's not just about payments,
- 5:50Speaker 7: it's about giving you time back so you can focus
- 5:53Speaker 7: on what matters most ready. To see how Square can
- 5:56Speaker 7: transform your business, visit Square dot com backslash go backslash
- 6:01Speaker 7: eyl to learn more that Square dot com backslash, go
- 6:05Speaker 7: backslash eyl. Don't wait, don't hesitate. Let's Square handle the
- 6:10Speaker 7: back end so you can keep pushing your vision forward.
- 6:16Speaker 7: This episode is brought to you by P and C Bank.
- 6:18Speaker 7: A lot of people think podcasts about work are boring,
- 6:21Speaker 7: and sure they definitely can be, but understanding of professionals
- 6:25Speaker 7: routine shows us how they achieve their success little by little,
- 6:29Speaker 7: day after day.
- 6:31Speaker 5: It's like banking with P and C Bank.
- 6:33Speaker 7: It might seem boring to save, plan and make calculated
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- 6:39Speaker 7: what helps you live a more happily fulfilled life. P
- 6:42Speaker 7: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
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- 6:50Speaker 7: the PNC Financial Service Group, Inc. P and C Bank
- 6:54Speaker 7: National Association Member FDIC.
- 6:58Speaker 1: An illegal alien from Guatemala charged with raping a child
- 7:01Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador.
- 7:05Speaker 1: Accused of murdering a Texas man of Venezuelan charged with
- 7:10Speaker 1: filming and selling child pornography in Michigan. These are just
- 7:14Speaker 1: some of the heinous migrant criminals caught because of President
- 7:17Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
- 7:21Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 7:26Speaker 1: crossings are at the lowest levels ever recorded, and over
- 7:29Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 7:33Speaker 1: are here illegally, your next you will be fined nearly
- 7:37Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
- 7:41Speaker 1: never return. But if you register using our CBP home
- 7:44Speaker 1: app and leave now, you could be allowed to return legally.
- 7:48Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
- 7:53Speaker 1: border and families will be protected.
- 7:56Speaker 2: Sponsored by the United States Department of Homeland Security Combination.
- 8:00Speaker 4: Talk to my guy, he moving him and his girl
- 8:02Speaker 4: into something, So you gotta find another place. And he looking,
- 8:04Speaker 4: He's like, yo, I might have put down fifteen sixteen
- 8:07Speaker 4: thousand and four just in deposit more to that room.
- 8:11Speaker 5: In New York. I'm like, hold your head, everybody in
- 8:14Speaker 5: New York. What yeah? I think I said I sent
- 8:17Speaker 5: you that article, right. I think that was in Business Side.
- 8:19Speaker 6: They were talking about there's a large percent of people
- 8:22Speaker 6: who are living in homes better separated because they can't
- 8:25Speaker 6: afford to leave the partner instead of just cohibiting in
- 8:30Speaker 6: the same place even though they're not together, because financially
- 8:33Speaker 6: they can't afford to leave each other, which is a
- 8:35Speaker 6: real situation.
- 8:38Speaker 5: Boy, there is some long sitting in the car days.
- 8:41Speaker 5: You can't even baby. Maybe I was on the market, mondays,
- 8:45Speaker 5: that's why I was in the car so long. That's tough.
- 8:48Speaker 6: Over time on top of over town, Y's tough, tough,
- 8:53Speaker 6: But these are this is the reality for some people.
- 8:55Speaker 5: Man. So yeah.
- 8:57Speaker 4: Also to the other side of it, I'm not gonna
- 8:59Speaker 4: do the Kim Kardashian. This is why we get up
- 9:01Speaker 4: every day and work hard. Like hey, I'll see me
- 9:04Speaker 4: popping out more. Hey here, let me go network, shake hands,
- 9:07Speaker 4: let me build unity.
- 9:08Speaker 5: Cool got off the plane. Shout out to JR.
- 9:11Speaker 4: Shout to uh Jonathan, when saw the boy real quick,
- 9:16Speaker 4: let me go out. I'm out here, shake hands. Because
- 9:18Speaker 4: some babies, combination, combined, all of it, My networker, you
- 9:23Speaker 4: better go tune into two Grizzly see how you get
- 9:25Speaker 4: you one hundred grand a month off GTA. Go listen
- 9:28Speaker 4: to the episode how to Go with the merch get
- 9:30Speaker 4: your investments tickets.
- 9:31Speaker 5: You got to do everything right now as.
- 9:34Speaker 4: An entrepreneur to make sure that you'll be okay and
- 9:37Speaker 4: invest in the long term.
- 9:39Speaker 3: So how do we find a stock like on the
- 9:41Speaker 3: video for twenty twenty four?
- 9:43Speaker 5: Great question?
- 9:44Speaker 4: Uh, somebody on Twitter asks me this, and the true
- 9:46Speaker 4: answer is it's all the boring things that pays the
- 9:51Speaker 4: highest evidend, Like number one. I would go look at
- 9:54Speaker 4: everything the A sixteen Z is invested in, not just
- 9:58Speaker 4: Christmas on the show, but I will look at the
- 10:00Speaker 4: top three venture capital firms. Literally print out their entire
- 10:04Speaker 4: portfolio what they're invested in. See the ones that can
- 10:07Speaker 4: have the biggest impacts from every sector. I think in
- 10:09Speaker 4: the next ten years and the real if they're not
- 10:12Speaker 4: acquired by Northrope or Lockheed, they'll probably be one of
- 10:17Speaker 4: the biggest.
- 10:17Speaker 5: Defense companies of all time.
- 10:19Speaker 4: So if they become available to IPO, I would love
- 10:23Speaker 4: to invest in SpaceX. We've talked about, Starlink, We've talked
- 10:27Speaker 4: about you have to go look at the new crop.
- 10:29Speaker 4: So you know, like when they do the Freshman double
- 10:31Speaker 4: at sale cover. This is the investor's version of that.
- 10:34Speaker 4: Go to Endres and Horowitz, go see which is coming
- 10:37Speaker 4: next for impact they'll have, and also to like, in
- 10:40Speaker 4: that defense and military space, the margins are a lot higher,
- 10:44Speaker 4: a lot less competition, a lot more intellectual property that
- 10:47Speaker 4: you cannot copy. So I'm normally not excited about the
- 10:52Speaker 4: defense space, but their combination of tech and defense. So
- 10:57Speaker 4: I do definitely have my sites set on that company,
- 11:00Speaker 4: but also to the biggest players and the biggest The
- 11:04Speaker 4: next Nvidia will probably be invested in by Microsoft or
- 11:08Speaker 4: Apple or Google. If you're buying any of the big three,
- 11:11Speaker 4: you're gonna have exposure to it. Anyway, the biggest companies
- 11:13Speaker 4: on Earth right now have turned themselves into index funds.
- 11:17Speaker 5: You don't think what all like?
- 11:18Speaker 4: Okay, if I keep saying Apple or Microsoft, you don't
- 11:21Speaker 4: think Satia doesn't know how much value he brings. The
- 11:24Speaker 4: Vanguard and blackrock ETFs, they're like, let's just acquire the
- 11:27Speaker 4: companies and build our own index, and that's what everyone
- 11:31Speaker 4: is doing. Talking to Joe, hey, what's up the Apple thing?
- 11:35Speaker 4: He was like, you know, if you bring a project
- 11:37Speaker 4: to Apple. They now want you to bring four shows
- 11:40Speaker 4: over there index and they get the thirty five percent
- 11:44Speaker 4: on the back end for four years. Legal mafia, legal cartel.
- 11:50Speaker 4: So invest in Apple, Microsoft, Google. They'll invest in the
- 11:54Speaker 4: biggest companies. But to find out which company will be next,
- 11:57Speaker 4: go look at Andres and Horowitz, Clina, Perkins and see
- 12:01Speaker 4: what they're investing in it.
- 12:02Speaker 5: That's an easy way to get a heads up.
- 12:04Speaker 1: An illegal alien from Guatemala charged with raping a child
- 12:08Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 12:12Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
- 12:16Speaker 1: filming and selling child pornography in Michigan. These are just
- 12:20Speaker 1: some of the heinous migrant criminals caught because of President
- 12:24Speaker 1: Donald J. Trump's leadership. I'm Christy Noman, the United States
- 12:27Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 12:32Speaker 1: crossings are at the lowest levels ever recorded, and over
- 12:36Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 12:39Speaker 1: are here illegally, your next you will be fined nearly
- 12:43Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
- 12:47Speaker 1: never return. But if you register using our CBP home
- 12:51Speaker 1: app and leave now. You could be allowed to return legally.
- 12:54Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
- 12:59Speaker 1: born and families will be protected.
- 13:02Speaker 2: Sponsored by the United States Department of Homeland Security,