Latest / Earn Your Leisure / Cliff Notes: Make Sure Your Child has $351,000
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 be protected.
- 0:57Speaker 2: Sponsored by the United States Department of Homeland.
- 0:59Speaker 3: Security, EYL University is the biggest online platform for education,
- 1:04Speaker 3: but it's much much more. It's actually a community. Our
- 1:07Speaker 3: private Facebook group has over eight thousand members and twenty
- 1:10Speaker 3: infinity groups. The students teach themselves just as much as
- 1:12Speaker 3: the professors do. We have weekly webinars. We have over
- 1:16Speaker 3: one hundred past webinars. You get access to MG the
- 1:19Speaker 3: Mortgage Guys Real Estate Blueprint. You get access to monthly
- 1:22Speaker 3: financial planning calls with yours Truly, you get access to
- 1:26Speaker 3: our monthly group chat investment calls, and much much more.
- 1:29Speaker 3: So go to eyluniversity dot com right now and take
- 1:33Speaker 3: advantage of our limited offer blowout sales sixty five percent
- 1:37Speaker 3: off of the annual membership eyluniversity dot com right now.
- 1:42Speaker 2: This one broke the Internet for some reason. But write
- 1:44Speaker 2: this down. Do you want your child to have three
- 1:48Speaker 2: hundred and fifty one thousand dollars on their thirtieth birthday?
- 1:53Speaker 2: Here's the crazy part. If you start and I posted
- 1:56Speaker 2: this originally twenty seventeen, but if you start with two
- 1:58Speaker 2: thousand dollars and you get a seven percent interest rate,
- 2:01Speaker 2: and you just do two fifty a month for thirty years,
- 2:04Speaker 2: your child will have three hundred and fifty one thousand,
- 2:06Speaker 2: two hundred and twenty five dollars. It's an amazing number.
- 2:11Speaker 2: But do you see why I'm always screaming to invest
- 2:13Speaker 2: in the market every month? This is for my parents
- 2:15Speaker 2: and for my parents to love your kids. How much
- 2:17Speaker 2: better would your life have been if your grandparents knew
- 2:20Speaker 2: or your parents knew to invest in the market every month. Now,
- 2:25Speaker 2: at a certain time, they didn't have index funds and
- 2:27Speaker 2: at a certain time they didn't have mutual funds. So
- 2:30Speaker 2: if anyone is watching and you could have started investing
- 2:33Speaker 2: in the nineteen forties, I get it. But with all
- 2:35Speaker 2: the information that we have now, how much I want
- 2:38Speaker 2: everyone to put this in chat. How much better would
- 2:40Speaker 2: your life have been if your parents and grandparents would
- 2:42Speaker 2: have known this? So I know you're gonna ask. For
- 2:45Speaker 2: those of you if your first time listening, VOO, VTI, VGT,
- 2:51Speaker 2: MGC are all good index funds. Pick one invest into
- 2:55Speaker 2: them every single month, two fifty a month for thirty years.
- 2:59Speaker 2: This is total that you will end up with. Now,
- 3:05Speaker 2: for those of you that have a little bit more
- 3:06Speaker 2: to invest, your child on the thirtieth birthday could have
- 3:10Speaker 2: one point six million on the thirtieth birthday if you
- 3:13Speaker 2: invest twelve to fifty per month. Now, for those of
- 3:15Speaker 2: you who say, hey, I can't do that, great, do
- 3:17Speaker 2: to fifty. If you can't do to fifty, do fifty.
- 3:19Speaker 2: Do whatever amount you can. But here's what I will
- 3:22Speaker 2: tell you. It doesn't make any sense to pay whoever
- 3:25Speaker 2: you lease your car from, whoever you get your car
- 3:27Speaker 2: insurance from, cable internet, cellular phone device bill, any business
- 3:34Speaker 2: expenses at the end of the day. And I'll ask
- 3:38Speaker 2: you guys this, honestly, when someone has died in your family,
- 3:42Speaker 2: when did anyone from any company show up to that
- 3:45Speaker 2: funeral and say, Hey, I know that you've been a
- 3:47Speaker 2: loyal customer with us for fifteen years or eighteen years,
- 3:51Speaker 2: and you probably should have put more money away, but
- 3:53Speaker 2: because you've been such a great customer to us, we're
- 3:56Speaker 2: going to take care of your family for the next
- 3:57Speaker 2: two or three years. Any of you have that experience,
- 4:01Speaker 2: I know I have not. So the first bill that
- 4:04Speaker 2: we have to pay, even though it's not the sexiest
- 4:06Speaker 2: thing that we want to hear, as we got to
- 4:09Speaker 2: pay ourselves in investmentto the market every single month. And
- 4:11Speaker 2: then for those of you that are either athletes, business
- 4:13Speaker 2: owners and entertainers, if you want to set up your
- 4:17Speaker 2: child for generations, because I want us to stop talking
- 4:19Speaker 2: about generational wealth, but we're not willing to make generational
- 4:22Speaker 2: sacrifices athletes, business owners and entertainers. If you put in
- 4:27Speaker 2: seven thousand per month and at the end of thirty years,
- 4:31Speaker 2: they'll have eight point nine million. And I know some
- 4:34Speaker 2: parents worry, what happens if my child is just absolutely crazy?
- 4:37Speaker 2: When they turn thirty, you can wait to give it
- 4:40Speaker 2: to them win at thirty five. I think you should
- 4:42Speaker 2: actually break it up in portions. Give a fourth when
- 4:45Speaker 2: they're thirty, give another fourth one at thirty five, and
- 4:47Speaker 2: then once they hit a big achievement, they get married,
- 4:50Speaker 2: they feel that they're responsible, then you can relinquish the
- 4:53Speaker 2: rest of the money at that particular time. So I
- 4:56Speaker 2: was out here, been out here in Mexico, and I
- 4:58Speaker 2: was hearing a guy talk about this, and he's I
- 5:01Speaker 2: don't want to say the brother's name, but was a
- 5:03Speaker 2: brother and he's older, and he's been investing twenty something
- 5:07Speaker 2: thousand dollars a month in the market for him and
- 5:10Speaker 2: his family since nineteen and ninety three. Shout out to
- 5:14Speaker 2: everybody in company. He's from Compton. And I'm like, how
- 5:17Speaker 2: did you know?
- 5:18Speaker 4: He was?
- 5:19Speaker 2: Like a guy told me one time, And as I
- 5:22Speaker 2: sended and made more money, I saw the returns. But
- 5:25Speaker 2: the thing is this won't resonate till you start, So
- 5:28Speaker 2: regardless of what level you're at, I want you to
- 5:30Speaker 2: pick a number that you're going to invest.
- 5:32Speaker 5: In earnest what's up. You ever walk into a small
- 5:35Speaker 5: business and everything just works like the checkout is fast,
- 5:38Speaker 5: the receipts are digital, tipping is a breeze, and you're
- 5:42Speaker 5: out the door before the line even builds odds are
- 5:45Speaker 5: they're using Square. We love supporting businesses that run on
- 5:49Speaker 5: Square because it just feels seamless. Whether it's a local
- 5:52Speaker 5: coffee shop, a vendor at a pop up market, or
- 5:55Speaker 5: even one of our merch partners, Square makes it easy
- 5:58Speaker 5: for them to take payments, inventory and run their business
- 6:02Speaker 5: with confidence, all from one simple system. If you're a
- 6:05Speaker 5: business owner or even just thinking about launching something soon,
- 6:09Speaker 5: Square is hands down one of the best tools out
- 6:11Speaker 5: there to help you start, run, and grow. It's not
- 6:15Speaker 5: just about payments, it's about giving you time back so
- 6:18Speaker 5: you can focus on what matters most Ready. To see
- 6:21Speaker 5: how Square can transform your business, visit Square dot com, backslash,
- 6:25Speaker 5: go backslash eyl to learn more that Square dot com backslash,
- 6:30Speaker 5: go backslash eyl. Don't wait don't hesitate. Let Square handle
- 6:35Speaker 5: the back end so you can keep pushing your vision forward.
- 6:41Speaker 5: This episode is brought to you by P and C Bank.
- 6:44Speaker 5: A lot of people think podcasts about work are boring,
- 6:47Speaker 5: and sure they definitely can be, but understanding a professionals
- 6:51Speaker 5: routine shows us how they achieve their success little by little,
- 6:55Speaker 5: day after day. It's like banking with P and C Bank.
- 6:59Speaker 5: It might seem boring the safe plan and make calculated
- 7:01Speaker 5: decisions with your bank, but keeping your money boring is
- 7:05Speaker 5: what helps you live or more happily fulfilled life. P
- 7:08Speaker 5: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly
- 7:13Speaker 5: Boring since eighteen sixty five is a service mark of
- 7:16Speaker 5: the PNC Financial Service Group, Inc. P and C Bank
- 7:19Speaker 5: National Association Member FDIC.
- 7:24Speaker 4: You just realized your business needed to hire someone yesterday.
- 7:28Speaker 4: How can you find amazing candidates fast? Easy? Just use
- 7:32Speaker 4: Indeed stop struggling to get your job posts seen on
- 7:36Speaker 4: other job sites. With Indeed sponsored jobs, your post jumps
- 7:40Speaker 4: to the top of the page for your relevant candidates,
- 7:42Speaker 4: so you can reach the people you want faster. According
- 7:45Speaker 4: to Indeed data, sponsored jobs posted directly on Indeed have
- 7:49Speaker 4: forty five percent more applications than non sponsored jobs. Don't
- 7:53Speaker 4: wait any longer. Speed up your hiring right now with Indeed,
- 7:57Speaker 4: and listeners of this show will get us seventy five
- 7:59Speaker 4: dollar sponsored job credit to get your jobs more visibility
- 8:03Speaker 4: at indeed dot com slash pod katz thirteen. Just go
- 8:09Speaker 4: to indeed dot com slash pod katz thirteen right now
- 8:14Speaker 4: and support our show by saying you heard about Indeed
- 8:16Speaker 4: on this podcast. Terms and conditions apply. Hiring Indeed is
- 8:21Speaker 4: all you need good months.
- 8:23Speaker 2: You don't need to listen to more sources. I answered
- 8:26Speaker 2: the question yesterday Someone asked me does dollar cost averaging
- 8:31Speaker 2: Will it give me the kind of freedom that I want?
- 8:33Speaker 2: And I can argue I don't have enough data to
- 8:39Speaker 2: prove this, but from my experience over the last ten years,
- 8:42Speaker 2: people that dollar costs average and buy every month automate
- 8:45Speaker 2: it end up with a higher net worth than traders
- 8:49Speaker 2: that have a bunch of indicators on their screen. Just
- 8:52Speaker 2: go survey the traders that you know, all the people
- 8:55Speaker 2: that I know that have a fifty or two hundred
- 8:56Speaker 2: or one hundred to twenty ten eight or three EMA
- 9:00Speaker 2: and their chart looks like a colorful rainbow. When I
- 9:03Speaker 2: check on them in two years, they are not in
- 9:04Speaker 2: a better financial situation than they were prior. By every month.
- 9:08Speaker 2: If you wish your parents had did this for you,
- 9:10Speaker 2: put yes in chat once again. This is how we
- 9:13Speaker 2: begin to break the generational curses long term investing. You
- 9:16Speaker 2: can do it if you want to or not. But
- 9:18Speaker 2: for those of you that love your kids, this is
- 9:20Speaker 2: the ultimate sign to know if you love your kids
- 9:22Speaker 2: or not if you'll put money away from them every
- 9:24Speaker 2: single month. So here's a blueprint for your cash flow.
- 9:28Speaker 2: Number One, you have to have a business to create
- 9:31Speaker 2: cash flow. Investing in the market is amazing, but all
- 9:34Speaker 2: freedom for you personally will come from a business with
- 9:37Speaker 2: high profit margin. Number two. You have to decide to
- 9:41Speaker 2: save a certain amount of your money each month. So
- 9:45Speaker 2: write in Chat how much you're going to save every month?
- 9:50Speaker 2: For me, it's forty percent. Number three, and then you
- 9:54Speaker 2: have to invest fifty percent of your money into the market.
- 9:57Speaker 2: And I was just talking to a guy here at
- 9:59Speaker 2: the resort and he was like, Yo, but I still
- 10:01Speaker 2: got to buy clothes. I gotta buy supplement. Its got
- 10:03Speaker 2: to shampoo look great. That I get you, I get it,
- 10:07Speaker 2: But I'm going to tell for the Fellas, every dollar
- 10:10Speaker 2: that you invest into Look and Fly whoever you're looking
- 10:13Speaker 2: to chase won't be here in two years. You can
- 10:15Speaker 2: do what you choose in this era, I'm gonna let
- 10:18Speaker 2: everyone do what they want to do. I'm just going
- 10:20Speaker 2: to tell you what plan I've been following that has
- 10:22Speaker 2: allowed me to have freedom. And then for those of
- 10:24Speaker 2: you that have multiple businesses, you need to do the
- 10:26Speaker 2: same thing. So shout out to my God Chris. He's
- 10:29Speaker 2: been saying, you want to create money, and you have
- 10:32Speaker 2: the money work for you. That's an old blueprint. It's
- 10:35Speaker 2: very true, but most people won't execute it. Decide right
- 10:38Speaker 2: now and put in chat how much money you're going
- 10:41Speaker 2: to save, and then how much you are going to
- 10:42Speaker 2: invest into the market each month, because it's the only
- 10:45Speaker 2: way that you can actually treat achieve freedom. You have
- 10:47Speaker 2: to have the best CEOs and the best companies in
- 10:50Speaker 2: the world making you money while you're doing nothing. Because
- 10:53Speaker 2: if you get into an accident, or the business climate changes,
- 10:56Speaker 2: or customers don't like you anymore or don't want to
- 10:59Speaker 2: buy from me, what do you go want to do?
- 11:01Speaker 2: Go go on an apology tour or be broke? Business owners.
- 11:05Speaker 2: You know this more than anyone else. Customers and clients
- 11:07Speaker 2: love you dearly until they don't, then they hate you greatly.
- 11:11Speaker 2: It is the greatest hedge that you can have, and
- 11:13Speaker 2: you see Elon doing it with bitcoin and other companies
- 11:15Speaker 2: doing it with Apple. You have Apple competitors of Apple
- 11:19Speaker 2: buying Apple stock like crazy to hedge from their own losses.
- 11:24Speaker 2: So please follow that blueprint. So here are four biggest
- 11:27Speaker 2: lessons that I've learned over the years from trading for
- 11:29Speaker 2: those who actually make a big amount of money versus
- 11:31Speaker 2: those who don't. Number one, please write this down. Rich
- 11:35Speaker 2: and wealthy traders let their trade run. Traders that end
- 11:40Speaker 2: up with a little bit of money cut their trades
- 11:42Speaker 2: off short. Then you still have to remember that you
- 11:44Speaker 2: have to pay capital gains on those trades regardless. Number two,
- 11:49Speaker 2: big target plus a slow moving future equals freedom. So
- 11:54Speaker 2: for example, on the same trade, let's say if he
- 11:55Speaker 2: would have traded twenty one contracts one hundred and ninety
- 11:58Speaker 2: three ticks on the S and P five hundred future,
- 12:00Speaker 2: which is the ES mini, would equal fifty thousand, six
- 12:04Speaker 2: hundred and sixty two dollars and fifty cent and one
- 12:06Speaker 2: trade would have taken about forty five hours. Now, if
- 12:09Speaker 2: you do this eight times in a year for pushing
- 12:14Speaker 2: a button and practicing and looking at colors and lines,
- 12:17Speaker 2: would this be a target that would make you happy?
- 12:20Speaker 2: And for those of you are asking if you want
- 12:22Speaker 2: to know how much twenty one contracts cost, just multiply
- 12:25Speaker 2: twenty one times five hundred number three. One to six
- 12:30Speaker 2: hours is the ideal time to let a big trade run.
- 12:32Speaker 2: And this goes for everybody. My graduate from my school
- 12:37Speaker 2: being fors back drop bag Drop, Mike drop back drop
- 12:43Speaker 2: b Drop.
- 12:54Speaker 1: An illegal alien from Guatemala charged with raping a child
- 12:57Speaker 1: in Massachusetts and MS thirty gang member from Al Salvador
- 13:01Speaker 1: accused of murdering a Texas man of Venezuelan charged with
- 13:06Speaker 1: filming and selling child pornography in Michigan. These are just
- 13:10Speaker 1: some of the heinous migrant criminals caught because of President
- 13:13Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 13:17Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 13:22Speaker 1: crossings are at the lowest levels ever recorded, and over
- 13:26Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 13:29Speaker 1: are here illegally, your next you will be fined nearly
- 13:33Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
- 13:37Speaker 1: never return. But if you register using our CBP home
- 13:40Speaker 1: app and leave now, you could be allowed to return legally.
- 13:44Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
- 13:49Speaker 1: border and families will be protected.
- 13:52Speaker 2: Sponsored by the United States Department of Homeland Security,