Latest / Dear Son, / My Son Chose Money Over the NFL | Fatherhood and Finances | Ep 211 | The Dear Son, Show

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My Son Chose Money Over the NFL | Fatherhood and Finances | Ep 211 | The Dear Son, Show · Dear Son,

0:01
[SPEAKER_02]: My middle son, hey, this is the deal.
0:03
[SPEAKER_02]: You may not like it now, but it would pay dividends in the future.
0:07
[SPEAKER_02]: Now, don't get me wrong.
0:08
[SPEAKER_02]: I still bought them some little stuff for Christmas.
0:10
[SPEAKER_01]: Yeah.
0:10
[SPEAKER_02]: But about 2,500 to maybe $1500 or so went to his portfolio.
0:12
[SPEAKER_02]: He is a sophomore in college.
0:20
[SPEAKER_02]: He said, okay, that has $580,000, now it's not.
0:23
[SPEAKER_02]: Yeah.
0:23
[SPEAKER_02]: I don't want to do it for boy and boy.
0:26
[SPEAKER_00]: Wait, wait, wait, what's with your knee?
0:29
[SPEAKER_00]: Your knee?
0:30
[SPEAKER_02]: Um, correct.
0:31
[SPEAKER_02]: Instead of worrying about CT and stuff like that, this, I can manage to perform your like you.
0:35
[SPEAKER_01]: How did you receive when he told you, I'm done with sports.
0:39
[SPEAKER_01]: This is it right here.
0:40
[SPEAKER_01]: You're genuine, authentic feeling and reaction to that.
0:44
[SPEAKER_02]: One word, I was probably devastated.
0:46
[SPEAKER_02]: One word.
0:47
[SPEAKER_01]: Yeah.
0:48
[SPEAKER_02]: The word he put in, I put in as well.
0:50
[SPEAKER_01]: Yeah, of course.
0:51
[SPEAKER_02]: So we in Texas, right?
0:52
[SPEAKER_02]: You know, football is king, high school football is king.
0:55
[SPEAKER_02]: Yes.
0:55
[SPEAKER_02]: And Texas.
0:56
[SPEAKER_02]: So now only the work that I put in for him physically, financially.
1:00
[SPEAKER_01]: Correct.
1:01
[SPEAKER_02]: Drop them to, you know, some of these work out of some stuff like that, you know, paying for some of these camps and stuff like that.
1:07
[SPEAKER_02]: And now I see the proof and the puttin' on the field.
1:10
[SPEAKER_02]: Certainly.
1:11
[SPEAKER_02]: When your seed is on the field,
1:13
[SPEAKER_01]: Cutin' up in a good way?
1:15
[SPEAKER_02]: This.
1:15
[SPEAKER_02]: If I make him play, he's not in it mentally.
1:18
[SPEAKER_02]: Right.
1:18
[SPEAKER_02]: He can go on to feel and get hurt danger.
1:29
[SPEAKER_00]: Post-goodfair.
1:30
[SPEAKER_00]: The information shared in this episode is for educational and entertainment purposes only and should not be taken as professional financial advice.
1:39
[SPEAKER_00]: Always consult with the qualified financial advisor or professional before making any investment or financial decisions.
1:49
[SPEAKER_00]: Enjoy the show.
1:51
[SPEAKER_01]: And we live, welcome to the Dead Sun Show, or we have meaningful conversations about life through the lens of Fatherhood.
1:57
[SPEAKER_01]: It's four fathers, those with fathers in the Fatherless.
2:01
[SPEAKER_01]: These are the conversations we want our sons to access as they grow through life into manhood, so no conversations are left out for our limits.
2:09
[SPEAKER_01]: I'm only one of your host, Jay Black.
2:11
[SPEAKER_01]: other good brother D. Jones.
2:12
[SPEAKER_01]: He's in the house, but he's not hosting today.
2:15
[SPEAKER_01]: He's actually in what he thinks is his favorite place.
2:19
[SPEAKER_01]: He's producing and shooting and we edit.
2:26
[SPEAKER_01]: We have a great great pleasure surprise for you today.
2:29
[SPEAKER_01]: Not that we normally typically do not like share subscribe at the top of the show.
2:33
[SPEAKER_01]: That helps a lot.
2:34
[SPEAKER_01]: It means a lot.
2:35
[SPEAKER_01]: I'm a green on the day because we have a special guest on the show today and you'll get to know about him.
2:41
[SPEAKER_01]: I'm not only want to ruin it anymore, please help us.
2:45
[SPEAKER_01]: Pay attention and welcome to Mr. Wallace Fisher.
2:48
[SPEAKER_01]: What's up, good brother?
2:50
[SPEAKER_02]: How you doing, bro?
2:51
[SPEAKER_01]: I'm good, man.
2:51
[SPEAKER_02]: I'm good.
2:52
[SPEAKER_02]: How you doing, man?
2:53
[SPEAKER_02]: Good, good, good.
2:54
[SPEAKER_01]: How you doing this summer and getting off the summer how that's going for you?
2:57
[SPEAKER_01]: It is hot, but it's been busy.
2:59
[SPEAKER_02]: The children had us busy the entire time, but it was great.
3:02
[SPEAKER_01]: Yeah, yeah, yeah.
3:03
[SPEAKER_01]: For those that don't know, while it is a financial analyst, financial advisor, you name it.
3:10
[SPEAKER_01]: You talked to him about finance, money, investments, financial literacy.
3:15
[SPEAKER_01]: This is the go-to guy, man.
3:20
[SPEAKER_01]: And what we have going on, it don't want to acknowledge what we stand, but we are going to unpack who while it's fisheries?
3:29
[SPEAKER_01]: What while it's fisher stands for does?
3:32
[SPEAKER_01]: And more importantly, getting into his expertise, because again, we like to attack or address the full spectrum of raising our sons, our children, our daughters, our families, and absolutely financial
3:47
[SPEAKER_02]: So first off for the people that don't know who who is wildest fish of me, the chief market strategist at Wall Street Wallas, but the me is I'm a husband.
3:57
[SPEAKER_02]: I'm a father.
4:00
[SPEAKER_02]: Good man, I'm a familiar all this Louisiana.
4:02
[SPEAKER_02]: I was born and raised.
4:03
[SPEAKER_02]: No, all this Louisiana.
4:04
[SPEAKER_02]: Santa Guest in high school.
4:06
[SPEAKER_02]: We have some history with that.
4:07
[SPEAKER_01]: Yes, we do.
4:08
[SPEAKER_01]: We'll get into that.
4:08
[SPEAKER_02]: Yes, sir.
4:10
[SPEAKER_02]: Of course not most.
4:12
[SPEAKER_02]: And that's most of it.
4:13
[SPEAKER_02]: You know, I tell people often that I love being a husband.
4:17
[SPEAKER_02]: I love being a father.
4:18
[SPEAKER_02]: Right.
4:19
[SPEAKER_02]: So that's where I start.
4:20
[SPEAKER_02]: I'm a Christ follower.
4:21
[SPEAKER_02]: And I tell people this often in my community that I'm not a Republican.
4:26
[SPEAKER_02]: I'm not a Democrat.
4:27
[SPEAKER_02]: I'm a Christ follower.
4:28
[SPEAKER_01]: Yes.
4:29
[SPEAKER_02]: And then this husband and a father.
4:31
[SPEAKER_01]: You mentioned you from a little town out of Louisiana.
4:34
[SPEAKER_01]: Little town known as New Orleans.
4:38
[SPEAKER_01]: You went to a school, not gonna shoot in a slur that's school.
4:43
[SPEAKER_01]: Why doesn't I have a bit of a background of, we met through a mutual friend, good home, boys.
4:49
[SPEAKER_01]: And he went to a school that my high school happened to slaughter for the state championship.
4:56
[SPEAKER_01]: And, um,
4:57
[SPEAKER_01]: with the people so bad, man, they had to actually put in the narrative that we cheated, but those who know no, man, we're not going to impact that shout out to New Orleans and St. Augustine.
5:07
[SPEAKER_01]: I saw he said St. Augustine, I guess that's the formula on camera way to say they little school, but this is how we move on next time.
5:17
[SPEAKER_01]: So back on track how many what's the dynamic of the family like you say your father how many children genders age if you like to share that as well.
5:28
[SPEAKER_02]: No problem.
5:29
[SPEAKER_02]: Let me correct something you didn't beat us bad.
5:32
[SPEAKER_02]: It was a one point win.
5:34
[SPEAKER_02]: That's it.
5:34
[SPEAKER_02]: And you stepped out of bounds before it happened.
5:36
[SPEAKER_02]: Okay.
5:37
[SPEAKER_02]: So it wasn't a slaughter dragon you want to make sure people understand that.
5:41
[SPEAKER_02]: Okay.
5:41
[SPEAKER_02]: Good.
5:42
[SPEAKER_02]: Back to the question.
5:43
[SPEAKER_01]: Yeah, the, I believe children ages gender, et cetera.
5:48
[SPEAKER_02]: Awesome.
5:48
[SPEAKER_02]: So I have seven children total in total, but I have five of myself.
5:54
[SPEAKER_02]: Okay.
5:54
[SPEAKER_02]: I have three full boys and one girl.
5:59
[SPEAKER_02]: This is my wife has a girl in the boys well.
6:02
[SPEAKER_02]: So seven of us total blend the family.
6:04
[SPEAKER_01]: So blend the family.
6:05
[SPEAKER_01]: Mm-hm.
6:07
[SPEAKER_01]: There, there, obviously there are challenges that come with blend the family.
6:10
[SPEAKER_01]: We've had discussions about that in the past.
6:13
[SPEAKER_01]: Again, I don't want to lead the conversation too much because I know you personally, I'd like to try to address things that people would think once they sit down with a person of your stature.
6:25
[SPEAKER_01]: Now, what?
6:28
[SPEAKER_01]: approach wise.
6:29
[SPEAKER_01]: I'm trying to see how the word it is for us.
6:31
[SPEAKER_01]: I know you had a star a son star athlete.
6:34
[SPEAKER_01]: Yes.
6:34
[SPEAKER_01]: Let's start there.
6:35
[SPEAKER_01]: Yes.
6:36
[SPEAKER_01]: So you had a son have a son and his high school into college years.
6:43
[SPEAKER_01]: Star athlete.
6:44
[SPEAKER_01]: All right.
6:45
[SPEAKER_01]: As a dad, we often sit back and that's two to some fathers.
6:49
[SPEAKER_01]: That's the that's the mountain top.
6:53
[SPEAKER_01]: There are plans that perhaps we have for our sons at their phase.
6:57
[SPEAKER_01]: Like perhaps, say this is the road traveled.
7:00
[SPEAKER_01]: Interesting enough.
7:02
[SPEAKER_01]: What do you know what I'm going to say?
7:03
[SPEAKER_01]: What do you have to say of like, like, your son does he steal, do sports now?
7:07
[SPEAKER_01]: I'm real quick to answer the last part of your question.
7:10
[SPEAKER_02]: The ages, believe it or not, 32, 26, 22, those are the three boys.
7:17
[SPEAKER_02]: Yes.
7:18
[SPEAKER_02]: And my wife's children are 16 and 15.
7:22
[SPEAKER_02]: Okay.
7:22
[SPEAKER_02]: And I have a three year daughter.
7:25
[SPEAKER_02]: I'm sorry, a five-year-old daughter in the three-year-old son, the reset, but the reset sound like me.
7:31
[SPEAKER_01]: So is it the oldest son that was the star at the middleboard?
7:34
[SPEAKER_02]: The middle, the used to be the middleboard, the 26th, the second.
7:36
[SPEAKER_01]: Yes, the second board.
7:38
[SPEAKER_01]: So does he, is he still in sports now?
7:41
[SPEAKER_02]: No, no, he decided to quit because he kind of wanted to be like dad.
7:44
[SPEAKER_02]: He wanted to, to do the investment banking type of things.
7:48
[SPEAKER_01]: That's what I wanted to get into.
7:51
[SPEAKER_01]: Background wise, have you always been in finance or did you kind of navigate your way through life and there was something that stood out to you that drew you to it, out of that work?
8:00
[SPEAKER_02]: I was always interested in mathematics growing up.
8:03
[SPEAKER_02]: My dad actually made sure that I was pretty good at mathematics.
8:07
[SPEAKER_02]: So growing up in schools, my best phrase was always math and science.
8:11
[SPEAKER_02]: Okay.
8:12
[SPEAKER_02]: And I went to school for engineering and but not in finance.
8:16
[SPEAKER_02]: But I always wanted to know how the Wall Street and and stop and work.
8:21
[SPEAKER_02]: And wouldn't until I started working at the Home Depot when I found out several people managers and people that had been there for a while, but tell me, hey, make sure you get into the stock plan and like the stock plan, like I didn't know they had a stock plan this and when I went to HR I found out that the Home Depot offered associates.
8:40
[SPEAKER_02]: 15% off if you did the the payroll deduction if you did it through a payroll deduction so you got a 15% discount which is in turn a 15% profit absolutely might just absolutely sign it up.
8:53
[SPEAKER_02]: Yes, that's how I got into finance.
8:55
[SPEAKER_02]: That's okay.
8:56
[SPEAKER_02]: Let me see how this works.
8:58
[SPEAKER_01]: Now that that aligns with I'm quite sure a lot of.
9:03
[SPEAKER_01]: people who perhaps their first exposure to the market and when I say market stock market trading invest in stocks, things of that nature.
9:12
[SPEAKER_01]: Sometimes our first as a community our first exposure to that that realm is 401k or or a profit sharing or things do the employer.
9:21
[SPEAKER_01]: So now here we are full circle.
9:24
[SPEAKER_01]: Obviously once we get to who you are today in the financial world to say
9:33
[SPEAKER_01]: companies say, hey, this is 15% discount for you to jump in and turn this stock into perhaps additional salaries fees of abundance for being here.
9:43
[SPEAKER_01]: So with that, about what age, if you want to share that, do you think you kind of seriously looked at finance as something other than, I'm just throwing some money from the job into this out of my paycheck.
10:00
[SPEAKER_02]: I would say, let me tell you how I'm pulling leaders out.
10:04
[SPEAKER_02]: And it was probably 1995, 96.
10:07
[SPEAKER_02]: I had a store manager at the Home Depot, his name was Mike, and his name is Mike.
10:13
[SPEAKER_02]: But he, he, to,
10:16
[SPEAKER_02]: get the employees to buy into what he was doing.
10:19
[SPEAKER_02]: He encouraged us to get into the 401k and the stock plan.
10:24
[SPEAKER_02]: Now, I own parts of the company now, in the meeting that I would do better on the sales floor, do better with customers this.
10:31
[SPEAKER_02]: So I signed up, signed up, and I did a 10% 10% payroll deduction from my 401k.
10:39
[SPEAKER_02]: And I was doing about $50 a paper with the stock plan.
10:45
[SPEAKER_02]: I got $200 worth of 401k.
10:48
[SPEAKER_02]: I said, oh, oh, this is pretty impressive.
10:51
[SPEAKER_01]: Absolutely.
10:52
[SPEAKER_02]: People went through three stock splits and stuff like that.
10:54
[SPEAKER_02]: And I had most of my money and Humpty Post stock and my 401k.
10:58
[SPEAKER_02]: So that's when I started taking a series.
11:00
[SPEAKER_02]: When I realized how easier was with the compounding.
11:04
[SPEAKER_02]: So I would say around 2000 from 96 to 2000 when I realized, okay.
11:10
[SPEAKER_02]: I need to take this series and really start self-teaching myself on how to be a better person.
11:16
[SPEAKER_02]: And financially, not just for myself, of course, for my children.
11:20
[SPEAKER_01]: Big thing, big part of that, not just for me, it's for my children as well.
11:25
[SPEAKER_01]: If you say the 96 to 2000 was your awakening of the potential of what can be done and is actually happening because you got to prove a lot of times again with our community and other communities as well, it don't really resonate or hit home until I see it or I know someone that I know and trust the proof is in the pudding thing and like, I'm showing you, I just did this.
11:50
[SPEAKER_01]: So now for that to be your buying and
11:53
[SPEAKER_01]: What does that do for you like as a husband as a father?
11:56
[SPEAKER_01]: Do you, or did you rather go home and start to implement these thoughts and ideas at home with the wife, with the children?
12:05
[SPEAKER_01]: Or are you more, or did you take the route of, I'm just going to do this for us.
12:11
[SPEAKER_01]: They don't need to know everything that's going on.
12:13
[SPEAKER_01]: This might be over there.
12:14
[SPEAKER_01]: Hey, what's, what was your approach?
12:17
[SPEAKER_02]: I would say when that happened, I only had two boys.
12:20
[SPEAKER_02]: Okay, the third son came in 2004.
12:24
[SPEAKER_02]: 2008, Barack Obama gets elected in Washington meeting people and everyone is sharing and so I started learning more of the Wall Street craft by that time.
12:36
[SPEAKER_02]: I was say 2009 something like that, I was told by a spiritual advisor to start instead of buying Christmas presents, start doing assets.
12:52
[SPEAKER_02]: given assets.
12:53
[SPEAKER_01]: Yes.
12:53
[SPEAKER_02]: And so since I knew to stop market okay at that time, you know, I was well-versed, but I would, my son, he come to me and says, I think he's a freshman in high school, hey dad kind of buying me a pair of joins.
13:07
[SPEAKER_01]: Yeah.
13:08
[SPEAKER_02]: I'm living in Plano, Texas.
13:09
[SPEAKER_01]: Yeah.
13:09
[SPEAKER_02]: And people understand what plan on Texas is.
13:11
[SPEAKER_02]: It's one of those high and flowing areas, especially the west side of the loop.
13:16
[SPEAKER_02]: And I'm saying, okay, not that many children were joins in your area because they didn't believe and a lot of that flashy stuff.
13:23
[SPEAKER_02]: Right.
13:24
[SPEAKER_02]: I say how much were joins nowadays?
13:25
[SPEAKER_02]: It's like 180 dollars 200.
13:26
[SPEAKER_02]: I said what?
13:27
[SPEAKER_02]: It was 125 when I was living when I was bi-join.
13:30
[SPEAKER_02]: I say how about this?
13:32
[SPEAKER_02]: And so this is a click.
13:35
[SPEAKER_02]: Let me buy you Nike Stock.
13:37
[SPEAKER_02]: instead of buying your pair of joins.
13:39
[SPEAKER_02]: Yes, of course he was against it.
13:40
[SPEAKER_02]: Yes, totally against it.
13:42
[SPEAKER_02]: So I had to buy the JEEs anyway, but what I did, I took $12,500, and I put things that he was involved in.
13:51
[SPEAKER_02]: I brought Nike stock at the time.
13:53
[SPEAKER_02]: I bought JP Morgan because he had a JP Morgan bank account.
13:58
[SPEAKER_02]: Um, we've got it to Facebook at the time because he was always on Instagram and Facebook now is meta.
14:04
[SPEAKER_02]: Um, we bought, um, a gaming, I think it was on EA Sports at the time.
14:09
[SPEAKER_02]: Yes.
14:09
[SPEAKER_02]: Okay.
14:10
[SPEAKER_02]: And, um, so what I did, every Christmas, instead of my Christmas present, I added to his portfolio.
14:18
[SPEAKER_01]: How did that go with it?
14:19
[SPEAKER_01]: Did you explain to him?
14:20
[SPEAKER_01]: That's what you were doing.
14:21
[SPEAKER_01]: Yes, that's what was his initial obviously I knew he would even against the Jordan.
14:25
[SPEAKER_01]: So when he started to see that he's actually getting stocks and positions for his gifts, how did that go over with him?
14:32
[SPEAKER_02]: He hated it.
14:33
[SPEAKER_02]: Hey, did that.
14:33
[SPEAKER_02]: Because everyone around him was getting tangible things for Christmas.
14:37
[SPEAKER_02]: Yes.
14:38
[SPEAKER_02]: but at the same time, it's all this brother until you quick story, I think I spent 15 hours when he was seven on Christmas.
14:48
[SPEAKER_02]: Right.
14:48
[SPEAKER_02]: And I spent so much in toys or else.
14:50
[SPEAKER_02]: And at the time, it was like 96 something like that, 97.
14:52
[SPEAKER_02]: They gave me free toys.
14:58
[SPEAKER_02]: a frees on the key.
14:59
[SPEAKER_02]: Wow.
14:59
[SPEAKER_01]: You know that boy played the thank you all day more so than the expensive toy than everything else that I bought.
15:04
[SPEAKER_02]: A grand deal.
15:05
[SPEAKER_02]: So it taught me available a valuable lesson then.
15:08
[SPEAKER_02]: And so I'm trying to tease now my middle son.
15:12
[SPEAKER_02]: Hey, this is the deal.
15:14
[SPEAKER_02]: You may not like it now, but it would pay dividends in the future.
15:17
[SPEAKER_02]: Now don't get me wrong.
15:18
[SPEAKER_02]: I still bought them some little stuff for Christmas.
15:20
[SPEAKER_02]: Yeah, but about 2500 to maybe $1500 or so went to his portfolio.
15:28
[SPEAKER_02]: He is a sophomore in college.
15:31
[SPEAKER_00]: Mm-hmm.
15:32
[SPEAKER_02]: Say, okay, Dad, because $580,000, now it's not.
15:35
[SPEAKER_02]: Yeah.
15:35
[SPEAKER_02]: I don't want to do for more.
15:39
[SPEAKER_02]: Mm-hmm.
15:40
[SPEAKER_00]: Wait, wait, wait, what's with you me?
15:43
[SPEAKER_00]: Here, Bease.
15:44
[SPEAKER_02]: Um, correct.
15:45
[SPEAKER_02]: Instead of worrying about CT and stuff like that, this, I can manage to perform you like you.
15:50
[SPEAKER_02]: I'm gonna say to that.
15:51
[SPEAKER_01]: Uh, I'll tell you what, that sparks an idea and a question.
15:56
[SPEAKER_01]: I'm going to put a P in because we still have some other unpacking the course because on that lane, no, no, no, we're going there now.
16:03
[SPEAKER_01]: Imagine again, that's why I led in the beginning of the episode with saying to some fathers, some parents, mothers, fathers, my son playing at the level and the accolades that your son had in the sports world.
16:21
[SPEAKER_01]: And a father's mind, it's easy to default into this amount of next step, pro.
16:30
[SPEAKER_01]: Nothing's getting in a way of that.
16:32
[SPEAKER_01]: Mind you, now that you didn't even have that conversation with him, you're trying to instill something lifelong into your son about the importance of, hey, ownership, stocks, security.
16:46
[SPEAKER_01]: So much so, he saw the proof.
16:49
[SPEAKER_01]: And the benefit, he bought in and walked away from this thing he's been doing his whole life.
16:57
[SPEAKER_01]: How easy is it for that in that position to say, wait, son, wait, wait, wait, wait.
17:01
[SPEAKER_01]: I'm already doing that.
17:02
[SPEAKER_01]: You already have that understood.
17:04
[SPEAKER_01]: There's no way to walk away from this, interjecting our personal ones, desires and things.
17:12
[SPEAKER_01]: Son, you, you're really for the lead me out on his up.
17:15
[SPEAKER_01]: I couldn't wait to get to this next
17:19
[SPEAKER_01]: is XYZ and doing this in that.
17:23
[SPEAKER_01]: How did you receive when he told you, I'm done with sports, this is it right here?
17:28
[SPEAKER_01]: Your genuine authentic feeling and reaction to that.
17:31
[SPEAKER_02]: One word, I was probably devastated.
17:33
[SPEAKER_02]: Then word, the work he put in, I put in as well.
17:38
[SPEAKER_01]: Yeah, of course.
17:39
[SPEAKER_02]: So we in Texas, you know, football is king, high school football is king, and Texas.
17:43
[SPEAKER_02]: So now only the work that I put in for him physically, financially, correct.
17:48
[SPEAKER_02]: Drop them to, you know, some of these work out since stuff like that, you know, paying for some of these camps and stuff like that.
17:54
[SPEAKER_02]: And now I see the proof and the puttin' in the field.
17:58
[SPEAKER_02]: catching in theceptions and doing things and you hit a crowd rolling, you know, that's the dopamine I never felt.
18:04
[SPEAKER_02]: Certainly.
18:05
[SPEAKER_01]: Certainly.
18:05
[SPEAKER_02]: When your seed is on the field, cutting up in a good way.
18:09
[SPEAKER_01]: Yes.
18:10
[SPEAKER_02]: And when he decided not to do it, you know, I convinced them to stay one more year.
18:14
[SPEAKER_01]: Mm-hmm.
18:15
[SPEAKER_02]: And if you know anything about football and it really is life because we have to fall in love with the process of being great.
18:22
[SPEAKER_02]: We are great by nature, but we have to nurture it.
18:25
[SPEAKER_02]: We have to cultivate it.
18:27
[SPEAKER_02]: We got to go through steps to be great.
18:29
[SPEAKER_02]: Oh, you.
18:31
[SPEAKER_02]: And football is the same thing.
18:33
[SPEAKER_02]: You know, he had the fall in love with the process to be great.
18:36
[SPEAKER_02]: That's right.
18:37
[SPEAKER_02]: I saw in all season, he wasn't there mentally.
18:40
[SPEAKER_01]: For the portfolio management.
18:42
[SPEAKER_02]: No, for football.
18:45
[SPEAKER_02]: And that you click something.
18:47
[SPEAKER_02]: Okay, if I make him play, he's not in it mentally.
18:50
[SPEAKER_02]: Right.
18:51
[SPEAKER_02]: He can go on the field and get hurt danger.
18:53
[SPEAKER_02]: So that made me click and say, okay, let's do this.
18:57
[SPEAKER_01]: I'll back you up now to this day still still.
19:01
[SPEAKER_02]: Yeah, yeah, yeah, I'm I'm still.
19:04
[SPEAKER_02]: talking about it, you know, even now, and I feel something in my heart, boy, you know, like 100,000 people cheering for you.
19:10
[SPEAKER_02]: Man, when the ball goes in it, he played DB.
19:13
[SPEAKER_02]: So the whole stadium is watching him and the receiver.
19:16
[SPEAKER_01]: Yes, on the island.
19:17
[SPEAKER_02]: On the island.
19:18
[SPEAKER_01]: Yeah.
19:18
[SPEAKER_02]: And he was breaded what he did.
19:20
[SPEAKER_01]: Certainly.
19:20
[SPEAKER_02]: You know, so I think about, you know, what could have been, but I'm proud of him, of where he is now.
19:26
[SPEAKER_01]: The, the, the, a big lesson stands out with the importance of,
19:31
[SPEAKER_01]: teaching through showing.
19:35
[SPEAKER_01]: I'm showing my children my family that if these are the things that you're partaking in, why not own it?
19:43
[SPEAKER_01]: Why not benefit from it's existence?
19:46
[SPEAKER_01]: Don't just be a consumer.
19:48
[SPEAKER_01]: So how how deep
19:51
[SPEAKER_01]: Would you say you as the father at that time?
19:53
[SPEAKER_01]: Cause obviously at that, he's in high school.
19:56
[SPEAKER_01]: But now you have your other children behind them as well.
19:59
[SPEAKER_01]: So now you're starting over different phases of life.
20:02
[SPEAKER_01]: We talked about that certain phases of our lives were different phases of parents as well.
20:07
[SPEAKER_01]: I'm a different father to my eight and 10 year old than I was when I had my 25 year old, et cetera.
20:15
[SPEAKER_01]: has your approach changed more discussion than just doing and then they catch up and what I mean by that is okay I'm still going to get you this gift but I'm going to go invest in these stocks and just show you that look hey I bought these stocks look out there growing yet it's fine but what's of these toys and then eventually when that number hits a certain thing and they buy in now to say wait that's me that's my portfolio you've been doing
20:45
[SPEAKER_01]: Hey, hey, don't worry about those toys.
20:47
[SPEAKER_01]: Double me down over here some more.
20:49
[SPEAKER_01]: So now to me, that sounds like that was the act of and you'll catch up later.
20:54
[SPEAKER_01]: Have you altered that with the younger children now or are you having conversations sooner because now you're at that fate.
21:02
[SPEAKER_01]: They're at the phase in this part of their lives.
21:05
[SPEAKER_02]: Yes, source with the younger children.
21:07
[SPEAKER_02]: Yes, have you.
21:08
[SPEAKER_02]: Yes.
21:09
[SPEAKER_02]: Of course, as a father, I was 19 and believe when I'm in my first son and their five years of poet, the second son came five years later, the third son came five years later.
21:20
[SPEAKER_01]: So of course I'm a different dad, right?
21:26
[SPEAKER_02]: I was a teenager when I had my first son and
21:29
[SPEAKER_02]: To this day, you know, to ask you a question in a long way.
21:32
[SPEAKER_02]: To this day, my oldest, he's more of a worker.
21:35
[SPEAKER_02]: Because when he saw me, I was busing my butt.
21:39
[SPEAKER_02]: work going to work late, I mean, I'm late in the afternoon and then coming home early in the morning or, you know, so he's that type of work.
21:47
[SPEAKER_02]: I'm trying to get him out of the mindset and you don't have to physically work as much anymore.
21:51
[SPEAKER_02]: Right.
21:51
[SPEAKER_02]: The middle son.
21:52
[SPEAKER_02]: He saw the better side, well, the better side of me than his brother is older brother because I'm started to become an investor.
22:00
[SPEAKER_02]: I'm started to become a some type of entrepreneur, I'm getting a different mindset.
22:04
[SPEAKER_02]: Even though I said I'd a job, but I was getting in a different mindset.
22:07
[SPEAKER_02]: The baby board at the time, he was just in what daddy gave me.
22:10
[SPEAKER_02]: And that's exactly what he called me.
22:11
[SPEAKER_02]: Daddy gave me daddy gave me daddy.
22:12
[SPEAKER_02]: Give me, yeah, he don't care about anything.
22:14
[SPEAKER_02]: Just give it to me.
22:16
[SPEAKER_02]: Now being the man that I am now with my younger children.
22:20
[SPEAKER_02]: Yes, those conversations are happening earlier.
22:22
[SPEAKER_02]: My daughter yesterday, she has natural hair.
22:26
[SPEAKER_02]: And she has pictures and she had pictures.
22:28
[SPEAKER_02]: And she had...
22:31
[SPEAKER_02]: some some people with teasing her yes and you know because of her natural yes they're not used to a natural black black woman girl you know she's a girl here and until her her hair is like Jesus right you know you're here you know it's just lambs wool right and so um made out of wool and those come my patience is different and I'm talking to her more about it because she sees
22:57
[SPEAKER_02]: Yes, yes, yes, my office right there.
22:59
[SPEAKER_02]: So I'm talking to them more about being even though she's five, but this way you can do with your brain, not what your physical body.
23:08
[SPEAKER_02]: So yes, those conversations are changing.
23:10
[SPEAKER_02]: My patients is because that whole lot better than it was when I was 19, but my first son, certainly.
23:17
[SPEAKER_02]: Yeah, and my youngest son, he's the one.
23:19
[SPEAKER_02]: If he was here, we'd be running right and just chasing out because he's he's the one for sure.
23:24
[SPEAKER_02]: But my patients is different with him as well.
23:27
[SPEAKER_02]: I'm, I'm, I'm, I'm, I'm, I'm a better man than I was.
23:32
[SPEAKER_02]: And I said, I wasn't bad man then, right?
23:34
[SPEAKER_02]: Right.
23:35
[SPEAKER_02]: I'm, I'm broke.
23:36
[SPEAKER_02]: I'm 52 now.
23:37
[SPEAKER_02]: Yeah.
23:37
[SPEAKER_02]: All right.
23:37
[SPEAKER_02]: I was 19 then.
23:38
[SPEAKER_01]: It's about to say 52.
23:39
[SPEAKER_01]: Yeah.
23:40
[SPEAKER_02]: What a three-year.
23:41
[SPEAKER_02]: Wow.
23:42
[SPEAKER_01]: Hey, man.
23:44
[SPEAKER_01]: I almost said a joke.
23:45
[SPEAKER_01]: I, I really be out of line.
23:47
[SPEAKER_01]: It was a compliment, but it was going to be good.
23:50
[SPEAKER_02]: Oh, yeah.
23:50
[SPEAKER_02]: I'm coming back.
23:51
[SPEAKER_02]: So if we,
23:54
[SPEAKER_01]: the beauty of learning what they see their product of, of what they experience.
23:59
[SPEAKER_01]: Just like you said, just your first son saw work.
24:02
[SPEAKER_01]: Now, he's like, hey, this, this, what it is, this, what it looks like to be a father, a man, a provider.
24:07
[SPEAKER_01]: And then the others that start to see more of the, the financial analysts.
24:11
[SPEAKER_01]: Hey, I'm having meetings.
24:13
[SPEAKER_01]: I'm going to conferences.
24:14
[SPEAKER_01]: I'm doing discussions.
24:15
[SPEAKER_01]: The discussions I'm teaching lessons.
24:17
[SPEAKER_01]: So perhaps they'll more, that's a norm.
24:21
[SPEAKER_01]: So,
24:22
[SPEAKER_01]: Is there an age or a time frame with your children that's too soon to discuss?
24:28
[SPEAKER_01]: What's I know you could talk about anything with a child, but there's levels of understanding.
24:36
[SPEAKER_01]: if they're capable of catching this, do I still expose this level of investments and market and finance to a child this age?
24:44
[SPEAKER_02]: Do you have a philosophy on that?
24:46
[SPEAKER_02]: You know what?
24:47
[SPEAKER_02]: I have one now, let me tell you what.
24:49
[SPEAKER_02]: The five of you, she wanted to go school shopping.
24:52
[SPEAKER_02]: She do me and to take in her to another school shopping because my mom took her school shopping.
24:58
[SPEAKER_02]: And we're kind of being fit and all this stuff and I'm like, wait, what?
25:02
[SPEAKER_02]: Really?
25:03
[SPEAKER_02]: And then she tells me you know the next week that I want to do something with you You know, I want to do something with you and like what you're the one school shop and let's have a day Yeah, but we ended up at the mall And we're walking in class and this is my five of your tells me that it do your own stock and players
25:25
[SPEAKER_02]: Oh my god, she probably had, you know, an agenda, and I'm absolutely, because she told me afterwards, I won't want everything on this wall, she told me, today, right now I'm right, no way, she literally told me, but my five-year-old daughter asked me to
25:48
[SPEAKER_02]: No, if we are walking them walk and because they see everything we do, they do.
25:54
[SPEAKER_02]: And a lot of times, they want to be like us, so they will mimic what we do as well.
25:58
[SPEAKER_02]: Yes.
25:58
[SPEAKER_02]: So she here, like you said, she hit me at my conversations with clients and with the class on the calls.
26:04
[SPEAKER_02]: And she would ask me that, do you have calls?
26:07
[SPEAKER_02]: Because she would plan her day around my calls, you know, on a weekdays outside of that, it's hers.
26:12
[SPEAKER_02]: But when she asked me
26:18
[SPEAKER_02]: And this happened two weeks ago.
26:20
[SPEAKER_02]: So no, I would say as a people, especially we need to have these conversations as soon as possible.
26:27
[SPEAKER_01]: Which segue, that's the direct transition into our next portion of the conversation.
26:32
[SPEAKER_01]: I want a preference that portion with asking you, or stating the internet, blessing an occurs, AI, blessing an occurs.
26:42
[SPEAKER_01]: And what I mean by that is,
26:46
[SPEAKER_01]: of strategies, opinions, market explanations, and trainings, and seminars, and you name it.
26:55
[SPEAKER_01]: It's available.
26:56
[SPEAKER_01]: You can buy a pamphlet.
26:57
[SPEAKER_01]: You can come in for free.
26:58
[SPEAKER_01]: You can go sitting in on a class.
27:01
[SPEAKER_01]: How you as a knowledgeable person of the market, the dangers of hearing something on social media.
27:12
[SPEAKER_01]: and without digesting, researching, seeing how it applies to me, perhaps that is a philosophy and a strategy, and perhaps it works for the person who just said it.
27:23
[SPEAKER_01]: What do you do, or how do you have the conversation with the public about being mindful of the information available on an internet?
27:32
[SPEAKER_01]: As far as when it comes to investing, right, the dangers of hey, go run, go get you a trust and go get NLLC and get this and then go apply for a long, so the same with the market.
27:42
[SPEAKER_01]: Yeah.
27:43
[SPEAKER_01]: I mean, all you got to do is get online, Google, hey, what does these candles mean?
27:48
[SPEAKER_01]: And hey, how do I turn 5,000 into 100,000 by this many days?
27:53
[SPEAKER_01]: And then a, I was going to spit out a plan.
27:55
[SPEAKER_01]: And then I just go read a, I still buy a step and implement this thing.
27:59
[SPEAKER_01]: do you caution against that or how do you have that conversation with the general public?
28:03
[SPEAKER_02]: Wow.
28:04
[SPEAKER_02]: Yes.
28:05
[SPEAKER_02]: It's caution because everyone can be you can have any type of degree you want to align.
28:10
[SPEAKER_02]: Right.
28:11
[SPEAKER_02]: You can be any type of expert you want to be online this.
28:14
[SPEAKER_02]: So that's a mantra.
28:15
[SPEAKER_02]: I know you heard it and that I'll say here that I use tips of forewaders.
28:19
[SPEAKER_02]: Yes.
28:20
[SPEAKER_02]: We do research.
28:21
[SPEAKER_01]: Thank you.
28:22
[SPEAKER_02]: And anything you see online, I will take, I will caution anyone to do research because if a sound too good, read you most likely, it is, and if someone is saying, okay, do this and do that, I can make you this, I can make you that, just do as much research on the topic as you can to make sure that, you know, you know what you're getting yourself into.
28:43
[SPEAKER_02]: Um, and like I said, I said all the time, tips and forewaders, we do research at Walsh Rewalls because we want to make sure that when I'm doing, I know exactly, you know, the ends and out.
28:55
[SPEAKER_02]: I know that, you know, I'm dynamizing across my teeth.
28:58
[SPEAKER_02]: Yes.
28:58
[SPEAKER_02]: I know the ends and out of the, the type of strategies or the information that I'm going to do.
29:04
[SPEAKER_02]: I know it's easy to sit and done because we use AI nowadays to do research, you know, which kind of propose for us as well, right?
29:11
[SPEAKER_02]: And because the AI can spit out wrong information sometimes because they're going online, looking at information as well, right?
29:17
[SPEAKER_02]: You know, so I would say it was much research about the topic as you can, because
29:23
[SPEAKER_02]: And when I first started this, I thought it was for small people, not saying I'm not smart because we are, but it's for people that is really diligent and to find an information, because it's there, all we gotta do is find it, step in stones.
29:43
[SPEAKER_01]: I'm an everyday person.
29:46
[SPEAKER_01]: I decide one day, I want to get into the stock market.
29:51
[SPEAKER_01]: I want to start investing or learning how to do this thing for myself before I seek out training and classes and a mentor if you will.
30:02
[SPEAKER_01]: What are three daily habits that you would suggest a person say to themselves, my starting step in stones to get me into the mode of becoming what I want to be in the trading world?
30:17
[SPEAKER_01]: Are there three habits?
30:18
[SPEAKER_01]: Is there one habit?
30:20
[SPEAKER_01]: What's a good starting point to say, at least do this, sometimes they'll say, you want to be a more productive person, get up and make your bed in the morning.
30:30
[SPEAKER_01]: is there a thing about that becoming a great investor?
30:32
[SPEAKER_01]: Like, if you do this every morning, that's a great start.
30:35
[SPEAKER_02]: Yes, I would say habits.
30:38
[SPEAKER_02]: And I'll tell the people in my community, you have to first off, shit it and your routine.
30:44
[SPEAKER_02]: People that are successful.
30:46
[SPEAKER_02]: college, business, where it is, person, there was a routine that we had to follow.
30:52
[SPEAKER_02]: We got used to doing a successful routine.
30:55
[SPEAKER_02]: Yes.
30:55
[SPEAKER_02]: And if you go get a view lazy, right?
30:58
[SPEAKER_02]: You have a routine.
30:59
[SPEAKER_02]: Yes.
31:00
[SPEAKER_02]: You have a routine.
31:00
[SPEAKER_02]: So if you really wanted, one of the first habits I would recommend is put it in your routine.
31:06
[SPEAKER_02]: In my case, I'm a morning person growing up.
31:09
[SPEAKER_02]: I was in music, so I live our way from where my school was.
31:15
[SPEAKER_02]: I know, middle school, we call it junior high in New Orleans, but middle school, and we had bad practices that seven o'clock in the morning.
31:21
[SPEAKER_02]: So I had to wake up five o'clock in the morning to get ready, cast a sister club bus, to ride down to my school.
31:28
[SPEAKER_02]: So I got to be in bad practice with that being said, I'm a morning person.
31:32
[SPEAKER_02]: So when I wanted to do this,
31:34
[SPEAKER_02]: I put it in the morning because I know I can wake up early a 15 minutes early, right?
31:38
[SPEAKER_02]: And read the information that you're looking for.
31:42
[SPEAKER_02]: Again, we just talked about going online, looking at social media, looking at some of the so-called gurus, but you can do that, but at the same time, you may get some false information.
31:52
[SPEAKER_02]: But find a book, and I will say a nice little trading book, anyone of them, that's one that I really like that is called Dimitron Game of Trading.
32:04
[SPEAKER_02]: I'm trading is more of a mental thing than it is, a physical thing, right?
32:10
[SPEAKER_02]: You know, so it's mentally.
32:11
[SPEAKER_02]: I've got to invest my money as a people.
32:13
[SPEAKER_02]: We don't, we haven't been taught to use resources to make other resources.
32:18
[SPEAKER_02]: We were taught to use our time working to make other resources, right?
32:21
[SPEAKER_02]: So the mental game kind of gets you out of the mode of being nervous there.
32:25
[SPEAKER_02]: We're using our own money to make money.
32:28
[SPEAKER_02]: But my point is, is that maybe 15 minutes a day, start 15 minutes a day.
32:33
[SPEAKER_02]: Reading something right reading something that that contains about the market or if it's stock If it's fourx if it's futures or if it's options whatever it's going to be what a company that you like So it's safe for instance Most of us have iPhones right if so you want to get up and start reading about the news of Apple.
32:52
[SPEAKER_02]: Yes, do that Yes, right, you know, so put that in your routine right and if you're not a one-person do it at lunch
32:59
[SPEAKER_02]: Right, you know, a lot of people going by lunch.
33:01
[SPEAKER_02]: I, you know, when they, I work, hey, guess what, spend about 15, 20 minutes of your time.
33:06
[SPEAKER_02]: Self, you know, self help, right?
33:08
[SPEAKER_02]: You know, making yourself better.
33:10
[SPEAKER_02]: And so that's one of the habits I would say for anyone.
33:14
[SPEAKER_02]: And you have to put it in your life.
33:16
[SPEAKER_02]: Because we say we want it.
33:18
[SPEAKER_02]: But when it comes to the work,
33:20
[SPEAKER_02]: We don't do it.
33:21
[SPEAKER_02]: We don't do the work for it.
33:23
[SPEAKER_02]: And in my community, I tell people all the time, I don't want you to lie to me.
33:27
[SPEAKER_02]: Could you act me in the same question, 23 and 4 times?
33:29
[SPEAKER_02]: Yeah.
33:30
[SPEAKER_02]: You're not putting them work in.
33:31
[SPEAKER_02]: Yes.
33:32
[SPEAKER_02]: So put it in your routine.
33:34
[SPEAKER_02]: Put it in your life some type of way.
33:36
[SPEAKER_02]: You don't have to take time from your family.
33:38
[SPEAKER_02]: You don't have to take time from your wife and your children and your husband or, you know, our sons, right?
33:43
[SPEAKER_02]: Just take time for the crap that we do.
33:45
[SPEAKER_02]: Hey, we're sitting in front of the TV, watching, what is it?
33:50
[SPEAKER_02]: TV show because, you know, I don't want a to have to be up against that right now the time you using them watching this show an hour you can be using to help yourself.
33:59
[SPEAKER_01]: Absolutely.
34:00
[SPEAKER_01]: I want to speak on the importance my personal opinion of the importance of a good mentor.
34:06
[SPEAKER_01]: We sometimes especially as me and our pride.
34:09
[SPEAKER_01]: We want to go get a trainer on coach for sport or for athletics.
34:14
[SPEAKER_01]: but we don't want to expose our level of vulnerability and something that's dealing with intellect, something that's dealing with finance.
34:23
[SPEAKER_01]: We tend to say, hey, I don't want to look a certain way or embarrass myself that I don't know.
34:30
[SPEAKER_01]: The embarrassment is acting that you do know and you don't.
34:34
[SPEAKER_01]: And then you, especially if you have available information, you have your platform is called Wall Street with Wallace.
34:43
[SPEAKER_01]: and there's several courses, classes, and trainings that you do.
34:49
[SPEAKER_01]: There's a community, as far as when you're done with the training, it's supplemented to reinforce this is just something you just did, you're now this is life altering, life loan commitment.
35:02
[SPEAKER_01]: Now, join the community.
35:03
[SPEAKER_01]: Let's talk.
35:04
[SPEAKER_01]: Let's discuss.
35:04
[SPEAKER_01]: Let's brainstorm.
35:06
[SPEAKER_01]: I want to share a vulnerable moment
35:16
[SPEAKER_02]: the high school every day.
35:18
[SPEAKER_01]: Yeah, that's how they brought up his little school, but what's the, what college did you go to?
35:25
[SPEAKER_01]: Southern University?
35:26
[SPEAKER_01]: Absolutely.
35:26
[SPEAKER_01]: The Southern University, bad rules will be done.
35:29
[SPEAKER_01]: So, back to the store.
35:32
[SPEAKER_01]: You're sure, my pride.
35:36
[SPEAKER_01]: I tell people all the time and meal pride and he goes a drug.
35:39
[SPEAKER_01]: My pride, I took the class.
35:43
[SPEAKER_01]: Jumping in.
35:44
[SPEAKER_01]: All of this valuable information is laying around everywhere.
35:48
[SPEAKER_01]: I have to give you credit, man.
35:50
[SPEAKER_01]: You start at Ground Zero.
35:53
[SPEAKER_01]: I'm talking about it.
35:54
[SPEAKER_01]: You're talking to an elderly person about a computer.
35:56
[SPEAKER_01]: This is a mouse.
35:57
[SPEAKER_01]: This is a keyboard.
35:58
[SPEAKER_01]: It was on that level with the market.
36:00
[SPEAKER_01]: And I appreciated that.
36:02
[SPEAKER_01]: Because now you didn't assume
36:05
[SPEAKER_01]: someone knows anything or I'm not trying to insult you by talking below your level.
36:11
[SPEAKER_01]: However, I'd rather say this and maybe there's something you did, Miss, or did not know that'll get covered.
36:16
[SPEAKER_01]: I appreciate how thorough you are with that.
36:19
[SPEAKER_01]: My pride.
36:20
[SPEAKER_01]: The class has had went along and went along.
36:23
[SPEAKER_01]: And we're probably in week three.
36:28
[SPEAKER_01]: And you were like, hey,
36:33
[SPEAKER_01]: The stock three companies come back, talk to me about the financial reports.
36:37
[SPEAKER_01]: Just there are steps to evaluate and the stock.
36:40
[SPEAKER_01]: Go evaluate the stock, come back, talk to me, show me.
36:43
[SPEAKER_02]: You're talking to you, right?
36:44
[SPEAKER_01]: Yes.
36:46
[SPEAKER_01]: I came back.
36:48
[SPEAKER_01]: And while it's said, because you're going to go through, hey, share your screen, because we're playing class.
36:54
[SPEAKER_01]: I share my screen.
36:55
[SPEAKER_01]: And now you walk through the steps of analytics.
36:58
[SPEAKER_01]: This is what I saw, this is what I saw.
36:59
[SPEAKER_01]: This, this is why I would do this.
37:02
[SPEAKER_01]: There was a, I hit a stump, I stumbled with some of the information from one of the companies.
37:08
[SPEAKER_01]: And instead of saying, I didn't look at that part or I didn't understand right there, I tried to talk my way through it.
37:18
[SPEAKER_01]: And you stop me.
37:21
[SPEAKER_01]: You say, hey, you BS and me right now.
37:24
[SPEAKER_01]: And in my tracks, I knew he was going, I was like, oh, he's like, hey, if you don't know because you're supposed to have your homework done.
37:33
[SPEAKER_01]: Let's say class jumped off on Thursday.
37:37
[SPEAKER_01]: And then I went executed a trade right quick.
37:39
[SPEAKER_01]: There's the morning before we got the club mind you.
37:42
[SPEAKER_01]: I was supposed to do that over the weekend, get me in the boots for Sunday, mark it up in Monday.
37:47
[SPEAKER_01]: Thursday, I make my trade and you say, hey, first of all, you just made this trade this morning.
37:53
[SPEAKER_01]: All of the notes in the time.
37:55
[SPEAKER_01]: I can see it.
37:56
[SPEAKER_01]: I was like, well, yeah, but I was, I was, I mean, you'd be asking me the lesson in that that I learned and I did not repeat after that was,
38:07
[SPEAKER_01]: you're trying to better yourself.
38:09
[SPEAKER_01]: I'm trying to learn this skill.
38:12
[SPEAKER_01]: I'm in this class, wealth of knowledge.
38:16
[SPEAKER_01]: You can leave some information on the table by being too private for the say, I don't understand that part, could you go over that again or could you cover that?
38:24
[SPEAKER_01]: But instead of saying that, I don't quite get this part.
38:29
[SPEAKER_01]: I tried to talk my way through it and hopefully catch up through context clues.
38:35
[SPEAKER_01]: I appreciate the accountability of stop right there.
38:40
[SPEAKER_01]: as not what this is, that's not how this goes.
38:42
[SPEAKER_01]: So, the point of moral of the story is something as important as financial literacy and financial freedom, you can ill afford to let your pride make you miss a step and not actually utilize the level of expertise or a mentor, imagine going find a mentor only to try to tell the mentor, I know that when he talking to you.
39:05
[SPEAKER_01]: It's counterproductive.
39:07
[SPEAKER_01]: The place, typically how long does a, uh,
39:12
[SPEAKER_01]: There's different courses in different trainings.
39:14
[SPEAKER_01]: So let's stick with learning the market.
39:17
[SPEAKER_01]: How long typically is a class or a course with you for learning the stock market?
39:21
[SPEAKER_02]: The typical class is eight weeks.
39:24
[SPEAKER_02]: Eight weeks.
39:24
[SPEAKER_02]: We do two days a week.
39:26
[SPEAKER_02]: So eight weeks with two days a week.
39:28
[SPEAKER_02]: Monday and Wednesday or Thursday and for two and Thursday.
39:32
[SPEAKER_02]: So it's I want to have class and you're right.
39:35
[SPEAKER_02]: We started the foundation.
39:36
[SPEAKER_02]: Yes, we started foundation.
39:38
[SPEAKER_02]: And then we do fundamentals.
39:41
[SPEAKER_02]: Then we'll look at some charting and then we go to kind of intermediate and options and then we have some intermediate to advanced option strategies where we could do income we could create income yes and then we'll look at charting again of course, but throughout throughout the entire class of course, I'm getting you guys to share screen because.
40:02
[SPEAKER_02]: I don't know what you don't know.
40:03
[SPEAKER_02]: I'm teaching, but I can hear you say yes, and yes, and yes, if I'm not into you, shut a screen is when I know which you know I don't.
40:11
[SPEAKER_01]: That's right.
40:12
[SPEAKER_02]: And so the accountability is just not from you to me.
40:14
[SPEAKER_02]: It's from me to you because I'm committed.
40:17
[SPEAKER_02]: You know, I'm really, really, I want you to learn this.
40:20
[SPEAKER_02]: I'm gonna say, guess what?
40:21
[SPEAKER_02]: You can join the class, and I can teach the information.
40:23
[SPEAKER_02]: If you get it, you get it, you don't, you don't.
40:25
[SPEAKER_02]: I just told you I'm a Christ follower, that's not how we roll, right?
40:29
[SPEAKER_02]: I want to make sure that you have the ability and to execute and to learn it, right?
40:37
[SPEAKER_02]: To execute the things that we're learning.
40:38
[SPEAKER_02]: So, and I want to note it until you show me.
40:41
[SPEAKER_02]: That's right.
40:42
[SPEAKER_02]: And so throughout the entire time, and like you said, the accountability counts, and hey, show your screen.
40:47
[SPEAKER_02]: Yeah, right.
40:49
[SPEAKER_02]: Tell me some of the things that you learned of this for.
40:52
[SPEAKER_01]: Yes.
40:52
[SPEAKER_02]: And at that particular time, I say, James, you'd be asking me.
40:55
[SPEAKER_02]: Yeah, indeed.
40:56
[SPEAKER_01]: I'm not sure that it, indeed.
40:58
[SPEAKER_01]: In the moment, I know.
41:00
[SPEAKER_02]: That's not why we hear brother because you trusted me this to teach you the information now It's my job to make sure that when you say you wanted to do I'm holding you accountable to doing the things that you say You wanted to do why you because that's the reason why you joined the class
41:18
[SPEAKER_02]: And I think that's what separates me from a lot because I'm going to hold you accountable.
41:22
[SPEAKER_02]: Yes, I am.
41:24
[SPEAKER_02]: Yes, I'm going to ask questions.
41:25
[SPEAKER_02]: I'm going to ask you to share the screen.
41:26
[SPEAKER_02]: Yep.
41:27
[SPEAKER_02]: And I'm going to actually articulate why you did what you did.
41:31
[SPEAKER_01]: And that's not to say your wrong is just no, show your thoughts with me.
41:34
[SPEAKER_01]: Yeah, show your thoughts.
41:35
[SPEAKER_01]: We talk about that as parents and fathers without children because we have a lot of things figured out.
41:41
[SPEAKER_02]: Yes.
41:41
[SPEAKER_01]: And then we give them a hard time about
41:45
[SPEAKER_01]: Man, I'm just asking you what you did and why.
41:47
[SPEAKER_01]: And it's the same thing.
41:48
[SPEAKER_01]: We'll put ourselves in that same position because we're no longer the authority on the matter.
41:53
[SPEAKER_01]: We now are doing the exact very thing by human nature that our children are doing, but it infuriates us.
42:03
[SPEAKER_01]: We don't have the patience to see that they're just trying to self-preserve, but then when we're in that exact situation spiritually, sometimes we're being dealt with something as we're not the authority on the matter.
42:16
[SPEAKER_01]: Finance, work, whatever the industry or situation is.
42:20
[SPEAKER_01]: It's easy because we know the lesson to chastise or talk to our children a certain way about a thing, but then we lose the understanding of what is it like to be in their shoe?
42:32
[SPEAKER_01]: Sure.
42:33
[SPEAKER_01]: Maybe he doesn't know for real and he doesn't know how to comfortably tell me he doesn't know because he doesn't know how to deal with this.
42:40
[SPEAKER_01]: He typically knows.
42:42
[SPEAKER_01]: We typically know things.
42:44
[SPEAKER_01]: And so sometimes those of us that typically know the answer to something,
42:48
[SPEAKER_01]: the unfamiliar space and uncomfortable space of saying, I don't know, there's no shame in I don't know.
42:54
[SPEAKER_01]: But we have to learn it.
42:57
[SPEAKER_01]: That's why a corporate don't give me a straight-a-es student.
43:01
[SPEAKER_01]: I've never seen you overcome adversity.
43:03
[SPEAKER_01]: You didn't dip and have to shake back not once.
43:06
[SPEAKER_01]: You don't know what it's like to fall off.
43:08
[SPEAKER_01]: And then fight your way back to the top.
43:10
[SPEAKER_01]: No grit.
43:10
[SPEAKER_01]: I don't know that it's lacking.
43:12
[SPEAKER_01]: I just can't look at your grades and your history and see it because everything's always been so perfectly in place.
43:19
[SPEAKER_01]: I don't know if perhaps you just maybe somebody gives you a ready-made and if you keep it there, right?
43:27
[SPEAKER_01]: Financial freedom.
43:29
[SPEAKER_01]: Family-wise.
43:31
[SPEAKER_01]: Hey, I work every day.
43:33
[SPEAKER_01]: I work a nine to five.
43:35
[SPEAKER_01]: This is my job.
43:36
[SPEAKER_01]: This is my income from my household.
43:40
[SPEAKER_01]: I want to invest and get in the market and learn stocks.
43:45
[SPEAKER_01]: I don't have disposable income, strategy, opportunity,
43:55
[SPEAKER_01]: Is there a fictitious base amount or hey, if you have a hundred dollars in a month, you can get started with trading.
44:03
[SPEAKER_01]: If you have $50, is there a minimum amount that, hey, no matter what you have, there are options to get your feet moving.
44:11
[SPEAKER_01]: Is that a thing?
44:11
[SPEAKER_01]: Is that real?
44:12
[SPEAKER_02]: Oh, yeah, it is.
44:13
[SPEAKER_02]: I'm gonna go back to this.
44:14
[SPEAKER_02]: Okay, I'm gonna go back to what you said earlier about knowing how our children would do certain things.
44:21
[SPEAKER_02]: My son.
44:22
[SPEAKER_02]: he was in the 10th grade maybe and he had gotten some trouble and I'm asking him I said the school call go over there.
44:29
[SPEAKER_02]: He's normally really really good good big kid.
44:32
[SPEAKER_02]: I'm didn't get in a lot of trouble, but he was hanging out with some people that that did.
44:36
[SPEAKER_02]: Yes.
44:36
[SPEAKER_02]: And I can tell he's lying.
44:37
[SPEAKER_02]: Okay.
44:38
[SPEAKER_02]: You're trying to cover up something, you know, the snitches type of thing.
44:40
[SPEAKER_02]: So I pulled them aside.
44:41
[SPEAKER_02]: I say, son, listen.
44:43
[SPEAKER_02]: I'm the only one in your life.
44:45
[SPEAKER_02]: that has your best interest at heart, 100%.
44:48
[SPEAKER_02]: Yes.
44:48
[SPEAKER_02]: I need to know what you did because if you lied to me, I'm going to move off of what you tell me, right?
44:55
[SPEAKER_02]: Certainly.
44:56
[SPEAKER_02]: If you did it, it didn't.
44:57
[SPEAKER_02]: It's fine, I guess what?
44:58
[SPEAKER_02]: I'm going to do everything I can to make sure you're well taken care of.
45:02
[SPEAKER_02]: So don't lie to me.
45:04
[SPEAKER_02]: Tell me, you know, you guilty of that because I'm going to move different if you did it, compared to if you didn't.
45:10
[SPEAKER_02]: Right, and the same thing, uh, the way, um, and our community, right?
45:14
[SPEAKER_02]: You know, yes, what?
45:15
[SPEAKER_02]: I need to know what you know, what you don't know because maybe you and I have to spend some one on one time making sure that you get it because you're not going to go out there saying I learned this from Wallace on the right.
45:26
[SPEAKER_02]: My name won't be you're saying it wrong, right?
45:28
[SPEAKER_01]: The rig.
45:29
[SPEAKER_01]: The rig.
45:31
[SPEAKER_02]: So to go back to that because you may be thinking about that being a father, all right, and I, hey, I guess what I have your best interest at heart, more than anyone in your life.
45:39
[SPEAKER_02]: I mean, you know, so your teachers, you know, this officer where it is.
45:45
[SPEAKER_02]: To ask you all the question, when I was at Lowe's, I was a storm manager for 15 years, 16 years, and I will teach this, like I did it at Deepo.
45:56
[SPEAKER_02]: No, I've learned that depot.
45:57
[SPEAKER_02]: Hey, guess what?
45:58
[SPEAKER_02]: We get a 15% discount.
45:59
[SPEAKER_01]: Yes.
46:00
[SPEAKER_02]: So I would gather my associates around doing the plan, just like plan, because we got a 15% discount and loads as well.
46:08
[SPEAKER_02]: Let's say you guys listen, all right?
46:11
[SPEAKER_02]: How long you've been here five years, people raise their hand?
46:14
[SPEAKER_02]: Sorry, cool.
46:15
[SPEAKER_02]: So what I did, I'm going back five years.
46:16
[SPEAKER_02]: Again, past is not indicative of the future, but I want to show people, five years is really, really quick, you know, if you're thinking about it.
46:24
[SPEAKER_02]: See, if you invest a hundred dollars of a hundred dollars a month, fifty dollars of paper, five years, you walk away with, with thirty three thousand dollars with loads, with a 15% discount.
46:34
[SPEAKER_02]: So people started listening.
46:35
[SPEAKER_01]: Yes.
46:36
[SPEAKER_02]: Then of course, what I can't afford, I can't do it.
46:39
[SPEAKER_02]: This is what I said, and this is an answer to your question as for us, what's the minimum amount?
46:43
[SPEAKER_02]: I'm out.
46:44
[SPEAKER_02]: There's no, because I said, how many people in here buy lunch every day?
46:49
[SPEAKER_02]: Everybody raise their hands.
46:51
[SPEAKER_02]: How much do you spend a day on lunch?
46:54
[SPEAKER_02]: $10 dollars, $8 dollars.
46:55
[SPEAKER_02]: The average American spends almost $5,000 a year on lunch.
46:58
[SPEAKER_02]: A year.
47:01
[SPEAKER_02]: average lunch, right?
47:03
[SPEAKER_02]: 4730 $3,000.
47:04
[SPEAKER_02]: This is probably it may be more now, but this was in 2017 when I was dead up, right?
47:09
[SPEAKER_01]: So it's a minus 10,000.
47:10
[SPEAKER_02]: Yeah, so it might be about 10,000, right?
47:12
[SPEAKER_02]: So he's a deal, right?
47:13
[SPEAKER_02]: I guess what?
47:13
[SPEAKER_02]: I'm not going to tell you not to eat lunch.
47:17
[SPEAKER_01]: Do that in half, have some discipline, right?
47:19
[SPEAKER_02]: So you pay yourself first, right?
47:21
[SPEAKER_02]: So as you get paid, the $50 I'm going to put in a full 1K plan or a stock that I own.
47:28
[SPEAKER_02]: I like, if it's Apple, if it's Google, you know, some of the things that you use Amazon, right?
47:33
[SPEAKER_02]: You know, I'm more than Amazon shopper, but every time I walk out of the door, Amazon boxes all over the dog on the end, I can do it in order, a $225, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1, $1
47:44
[SPEAKER_02]: from my wife's phone, talking about this beautiful, right?
47:48
[SPEAKER_02]: I come all the way down.
47:48
[SPEAKER_02]: I see a big of a bustle.
47:49
[SPEAKER_02]: Oh, what?
47:50
[SPEAKER_02]: She has a door, how can I run?
47:54
[SPEAKER_01]: And put it together exactly.
47:56
[SPEAKER_02]: Of course you kept it.
47:57
[SPEAKER_02]: Somebody.
47:57
[SPEAKER_02]: I don't know.
47:59
[SPEAKER_01]: I know.
48:00
[SPEAKER_01]: But the term we use on your car, we're covered later.
48:02
[SPEAKER_01]: Okay.
48:03
[SPEAKER_01]: Cool.
48:04
[SPEAKER_02]: Anyway, have some discipline, take some of that lunch money that you use.
48:09
[SPEAKER_02]: That's one of the easiest places we can find people that waste money, right?
48:14
[SPEAKER_02]: Because we put money a lot of times by lunch, hey.
48:18
[SPEAKER_02]: take going your house, it's healthy anyway and a fixture food blanket, right?
48:23
[SPEAKER_02]: Sacrifice something and so instead of spending $50 a week, right?
48:29
[SPEAKER_02]: Maybe you spend then $50 every two weeks, right?
48:31
[SPEAKER_02]: The other $50 is going towards a stock that you love or a company that you can't live without because most likely most of the resources are a lot out of the people.
48:41
[SPEAKER_02]: invest in this company as well.
48:42
[SPEAKER_02]: So no, that's not a minimum amount.
48:46
[SPEAKER_02]: It's about having the discipline to pay you so first.
48:50
[SPEAKER_01]: Is there a, and I know every household is different?
48:54
[SPEAKER_01]: Is there a, I guess a caution, you could caution of, uh, a family.
49:01
[SPEAKER_01]: Right.
49:01
[SPEAKER_01]: To say, hey, uh, it's kind of on the, on the hotel of what we were just discussing.
49:07
[SPEAKER_01]: I like to call it financial
49:10
[SPEAKER_01]: If I jump into the stock market, is there a rule of thumb of ownership versus
49:19
[SPEAKER_01]: Because you know, you have the, there'll be stocks out there that are, they perform amazing, but you just can't afford that stock per se.
49:27
[SPEAKER_01]: So there are the apps that let you get pieces and bits and pieces and pieces and pieces and pieces together, the ETFs.
49:32
[SPEAKER_01]: Of course, depending on what that lands, but baseline strategy.
49:38
[SPEAKER_01]: Just to, we always like to, when we have a, a guest that's an expert in an area, a baseline, a financial base.
49:46
[SPEAKER_01]: Even if you can't do it today, a good goal to set for yourself or their industries or a particular diversity, like the Versa fine portfolio, I get you at least one of this type of stock, this type of stock, this type of stock.
50:03
[SPEAKER_01]: Is that a thing or is it just how you find you one bang for the book?
50:07
[SPEAKER_01]: and build on that until you can do other things which of those would you advise?
50:12
[SPEAKER_02]: I'm going to say a little bit of both.
50:14
[SPEAKER_02]: If you don't have the knowledge, find something that you like, you know, that you see everyone have and most likely, again, iPhones, you know, Amazon, those have a company's, you know, people are always going to shop there.
50:27
[SPEAKER_02]: But if you understand research and know how to research, hey, guess what?
50:31
[SPEAKER_02]: I, ETS exchange trade funds.
50:35
[SPEAKER_02]: It is a basket of stocks.
50:38
[SPEAKER_02]: I'd like to represent a mall, right?
50:41
[SPEAKER_02]: And I'd say, we've got Stonebrow, I'm all up there in Colin County.
50:44
[SPEAKER_02]: The hairline is our JCPenne's, we have Macy's, we have, I think Dillis is still there.
50:51
[SPEAKER_02]: And Dick Sporengers, right?
50:52
[SPEAKER_02]: Those are the hairline, those are the big companies that are in that, but the smaller companies inside them all, they have higher margins because they don't have a higher overhead, those type of things.
51:01
[SPEAKER_02]: So we're at the end of the year.
51:03
[SPEAKER_02]: they still responded to me and not done well, but the mall did, right?
51:08
[SPEAKER_02]: And now you're investing you have investments in this particular mall and not one particular company.
51:14
[SPEAKER_02]: Yes.
51:15
[SPEAKER_02]: So, and but there are different types of ETFs as well.
51:17
[SPEAKER_02]: So, safe for instance, okay now.
51:19
[SPEAKER_02]: I like technology because technology is going to bring the world forward.
51:23
[SPEAKER_02]: Yes, right.
51:24
[SPEAKER_02]: And you don't know what to invest in.
51:25
[SPEAKER_02]: So there's some technology, ETS VOL, that is very, very good.
51:31
[SPEAKER_02]: A piece of small dividend, or, you know what, I'm a slow, steady, 80, I want to invest in something that has high dividends.
51:40
[SPEAKER_02]: All right, so there's some ETF that have high dividends, SCHD, so those those pay a really good dividend.
51:47
[SPEAKER_02]: So you're not only have a basket of stocks, you're getting the compound on that, but you're getting compound on dividends as well.
51:55
[SPEAKER_02]: Yes, right, but if you like an individual stock, that's what a research comes in.
52:00
[SPEAKER_02]: Like I said, tips for four waiters, we do research.
52:02
[SPEAKER_02]: I say for instance, you like Nike, Nike right now, not doing well.
52:07
[SPEAKER_01]: Right.
52:08
[SPEAKER_02]: We had to pull out of Nike years ago, my son is because they weren't doing well.
52:11
[SPEAKER_02]: So, hey, guess what?
52:13
[SPEAKER_02]: Nike is not doing well.
52:14
[SPEAKER_02]: Well, okay, since I'm doing my research, I'm not not going to invest in this case point.
52:20
[SPEAKER_02]: Fort Tesla.
52:22
[SPEAKER_02]: We're familiar with those two, right?
52:23
[SPEAKER_02]: Yes.
52:24
[SPEAKER_02]: So I hate guess what?
52:25
[SPEAKER_02]: Not just wrong.
52:25
[SPEAKER_02]: If you don't know the knowledge to invest in the forward because forward sitting at, I say, five years ago, four was around $10.
52:32
[SPEAKER_02]: Tesla, right amount of $320.
52:34
[SPEAKER_02]: Yes.
52:34
[SPEAKER_02]: Okay, guess what?
52:35
[SPEAKER_02]: I got $1,000 to invest in or I got $50 a pay period.
52:38
[SPEAKER_02]: I'm going by a forward because I can get more with my money with forward, right?
52:43
[SPEAKER_02]: But what I was doing research, not understanding doing that year, I think it was 2020, Ford had 139 billion hours in debt of debt.
52:53
[SPEAKER_02]: That same year that they brought in 136 billion hours in revenue.
52:56
[SPEAKER_02]: So they had more debt than revenue.
52:58
[SPEAKER_02]: Yes.
52:59
[SPEAKER_02]: Tesla on opposite, they had more revenue coming in, more cash on hand.
53:04
[SPEAKER_02]: So not thinking, you know what, since Tesla's 320,
53:09
[SPEAKER_02]: It's where it's going.
53:09
[SPEAKER_02]: Now where it is.
53:10
[SPEAKER_02]: Yeah, right?
53:11
[SPEAKER_02]: So I guess what falls around $13 right now.
53:13
[SPEAKER_02]: That's just one up to $12 split right?
53:15
[SPEAKER_02]: And now is that like $35 right now.
53:17
[SPEAKER_02]: So my point is is, yes, if you don't have the knowledge, get in, or at least you're getting in something that you think may be quality or, you know, if you want to do a research, you you you invest in them once that on, I say early.
53:31
[SPEAKER_02]: I'm a Christ follower.
53:32
[SPEAKER_02]: Yes.
53:32
[SPEAKER_02]: Jesus told Peter,
53:34
[SPEAKER_02]: I'm going to build this church upon this rock, right?
53:37
[SPEAKER_02]: Solid foundation.
53:38
[SPEAKER_02]: When we put things on sand, when the storm comes, right?
53:42
[SPEAKER_02]: Yes, I'm from New Orleans, Hurricane Katrina.
53:46
[SPEAKER_02]: The houses that wasn't on solid foundation, even the ones that were a little bit some of them got tumble over.
53:52
[SPEAKER_02]: Yeah, right?
53:53
[SPEAKER_02]: But when you build something on solid foundation, and when you look at financial, when look at balance, she's gonna get income statements, those type of things,
54:05
[SPEAKER_02]: at the time would have been a much better investment than four.
54:07
[SPEAKER_02]: I haven't been able to test with that three hundred twenty dollars.
54:09
[SPEAKER_02]: You think it's expensive, but it's really not.
54:12
[SPEAKER_02]: So with that being said, there are certain, certain factors to what, you know, with that, you're going to ETFs.
54:19
[SPEAKER_02]: You can invest in a mall instead of just one particular company.
54:22
[SPEAKER_01]: Yep.
54:23
[SPEAKER_02]: And ETFs that dividend paying ones, their road points depends on your taste.
54:27
[SPEAKER_02]: Yes.
54:28
[SPEAKER_02]: Or if you want to get in, if you have the ability to do research or say,
54:34
[SPEAKER_02]: Let me kind of take Walsh for a while as I can show you how to do it, and then what you can do, you can see the fours compared to the Tesla's and put your money in the solid foundation, not the one that's sitting on the sand.
54:46
[SPEAKER_01]: One of the biggest lessons I learned was what you, what the untrained I would call a cheap stock.
54:57
[SPEAKER_01]: You're looking at something that doesn't make it a valuable or cheap stock at all because we just don't have the knowledge yet to look past the curtain.
55:06
[SPEAKER_01]: The value is behind the curtain.
55:08
[SPEAKER_01]: It's got to know where to look and what you're looking at.
55:10
[SPEAKER_01]: So I think there's a good stopping point because I want to make sure that we offer an opportunity in the contact information.
55:19
[SPEAKER_01]: Somebody that's trying to take the class or get in touch with Wallace Fisher.
55:23
[SPEAKER_01]: How would they do that?
55:24
[SPEAKER_01]: Where would they go?
55:25
[SPEAKER_01]: What are your preferred contact methods?
55:28
[SPEAKER_02]: So I just got my new website up on WSW investors dot com WSW investors with s dot com that is a platform where I have you see a morning video on my assessments of was getting ready to happen on before the market opens you also have an evening video on what happened in the market and why the market moved away moved.
55:57
[SPEAKER_02]: You see a stock ticket at the bottom, and that's going to be a portfolio management thing on my website.
56:02
[SPEAKER_02]: But that's the website where you can get in touch with me.
56:04
[SPEAKER_02]: You can schedule a coaching call, you can schedule just really, you know, if you've got questions, you can put your questions on there, and our answer within 24 hours.
56:13
[SPEAKER_02]: And so that's the best way to get in touch with me.
56:15
[SPEAKER_02]: If not, do we do phone numbers?
56:19
[SPEAKER_02]: Yeah, okay.
56:20
[SPEAKER_02]: If not, and oh, hey, 504, 669, 6151, 504, always, right?
56:26
[SPEAKER_02]: But the guy that five, four, four, baby, five, four, baby, five, four, you can just give me a call.
56:31
[SPEAKER_02]: What it takes me really, and I was asked at a text within again, 24 hours as well, so take advantage of that, right now because, again, I'm in my space.
56:40
[SPEAKER_02]: I'm in the space where I pray for.
56:43
[SPEAKER_01]: Yes.
56:43
[SPEAKER_02]: I was blessed to get it.
56:45
[SPEAKER_02]: I work for it though, that's right.
56:48
[SPEAKER_02]: Work for it.
56:49
[SPEAKER_01]: That's all.
56:49
[SPEAKER_02]: Yeah, it's in James.
56:51
[SPEAKER_02]: Yep.
56:53
[SPEAKER_02]: James, not bird.
56:55
[SPEAKER_02]: All right, James.
56:56
[SPEAKER_02]: That's James.
56:56
[SPEAKER_02]: All right, you know, for a long while, hey, to the end.
56:59
[SPEAKER_02]: Good to see you again.
56:59
[SPEAKER_02]: 30 years later, we still hurt.
57:01
[SPEAKER_01]: We would have to people.
57:02
[SPEAKER_01]: We would have to people.
57:03
[SPEAKER_01]: So Elizabeth, I'd rather want to thank you for taking the time to come sit down with us, man.
57:08
[SPEAKER_01]: This is a part of the bigger picture.
57:11
[SPEAKER_01]: We want to address, because another intro that we have for the show is helping young boys, young men,
57:17
[SPEAKER_01]: Girls is way of families know now what we wish we knew then if we had access to this level of financial literacy and information 25 years ago 30 years ago We'd be running the world and that's why we come in now.
57:35
[SPEAKER_01]: Thank y'all for tuning in to the dear son show The dear son network will look forward to continuing what we're doing See on the next episode peace