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Cliff Notes: 10 Steps to Financial Freedom · Earn Your Leisure

• 0:00
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 0:03
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 0:07
  Speaker 1: accused of murdering a Texas man of Venezuelan charged with
• 0:11
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 0:15
  Speaker 1: some of the heinous migrant criminals caught because of President
• 0:19
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 0:23
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 0:28
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 0:31
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 0:35
  Speaker 1: are here illegally, your next you will be fined nearly
• 0:39
  Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
• 0:43
  Speaker 1: never return. But if you register using our CBP home
• 0:46
  Speaker 1: app and leave now, you could be allowed to return legally.
• 0:50
  Speaker 1: Do what's right, leave now. Under President Trump, America's laws,
• 0:55
  Speaker 1: border and families will be protected.
• 0:57
  Speaker 2: Sponsored by the United States Department of Homeland Security.
• 1:00
  Speaker 3: What's going on?
• 1:00
  Speaker 2: Earners?
• 1:01
  Speaker 3: Welcome to EYL University, the number one place for business
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  Speaker 2: You know it's works. Don't wait, don't havesitate it. We'll
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• 2:00
  Speaker 3: What's going on? You are now locked in the cliff Notes.
• 2:02
  Speaker 3: The number one place for investment strategies, tips and advice
• 2:05
  Speaker 3: tech is This.
• 2:07
  Speaker 6: Is the question that everybody has been asking because a
• 2:09
  Speaker 6: lot of people are heavily invested in tech, and it
• 2:12
  Speaker 6: was down heavy had a strong well had a decent
• 2:16
  Speaker 6: rebound today, but it's still close to all time highs.
• 2:21
  Speaker 6: So what are your what are you guys opinion on
• 2:24
  Speaker 6: the future of the next couple of months for tech stocks.
• 2:30
  Speaker 7: I think it was a mistake for Jerry Ronsdorff and
• 2:32
  Speaker 7: the Chicago Bulls organization to break up Michael Jordan and
• 2:36
  Speaker 7: Robin and Pippin. And for those of you who get
• 2:39
  Speaker 7: off the tech train early, you're doing the same damn thing.
• 2:42
  Speaker 7: You go look at every okay, you go look at
• 2:46
  Speaker 7: every top five fund managers.
• 2:49
  Speaker 4: They are all heavy tech.
• 2:52
  Speaker 7: Just because you don't like it or you're trying to
• 2:54
  Speaker 7: be controlled, you don't have to be contrarian. A lot
• 2:56
  Speaker 7: of the money is made by following what the whales do,
• 2:59
  Speaker 7: so where the aller fish, Let's follow what they're doing.
• 3:01
  Speaker 7: This has always been my thesis because we living in
• 3:04
  Speaker 7: the tech economy. I know it was a conversation of
• 3:09
  Speaker 7: value versus tech and all that. That's just for headlines.
• 3:13
  Speaker 7: The indexes are the value. The tech is a tech
• 3:15
  Speaker 7: pick two quality wants to shoot like buy them. Everyone
• 3:18
  Speaker 7: close your account, don't look at anything else, Like what
• 3:21
  Speaker 7: do you think we're not We're gonna stop using as
• 3:24
  Speaker 7: much technology. Most people aren't taking a shower without the
• 3:27
  Speaker 7: phone in their hands. Do you think all of a
• 3:29
  Speaker 7: sudden people gonna go away and just like going back
• 3:31
  Speaker 7: to like writing love notes and classic and like.
• 3:35
  Speaker 4: Don't don't sell yeh tactic.
• 3:39
  Speaker 3: It comes into the point where you just said about
• 3:40
  Speaker 3: the classifications of some of these ETFs, right, and so
• 3:44
  Speaker 3: xl K.
• 3:45
  Speaker 2: Obviously we know is the.
• 3:46
  Speaker 3: Tech Tector Fund for Spider, But if you look at
• 3:49
  Speaker 3: the other companies that are in some of these other
• 3:51
  Speaker 3: ETFs inside the Spider fund, right, Facebook? Could that not
• 3:54
  Speaker 3: be technology? Amazon? Is that even that technology? Tesla?
• 3:58
  Speaker 7: Is that not technology if you're not mining crypto out
• 4:01
  Speaker 7: of a tree?
• 4:03
  Speaker 2: Right? Right? And even that right like Visa massacre?
• 4:06
  Speaker 4: Are they?
• 4:07
  Speaker 2: These all have tech roots?
• 4:09
  Speaker 4: Right?
• 4:10
  Speaker 2: So if you look at.
• 4:11
  Speaker 3: All these funds, majority of them pretty much are tech
• 4:15
  Speaker 3: if you think about it, right, So they all have
• 4:17
  Speaker 3: roots in it.
• 4:17
  Speaker 2: Even now. I could argue that Disney is a tech right.
• 4:19
  Speaker 3: We argue that Domino's is a tech is a tech
• 4:22
  Speaker 3: company that is disguised as a fast food restaurant. Right,
• 4:25
  Speaker 3: So it's everywhere around you to say that, hey, we're
• 4:29
  Speaker 3: getting off this boat.
• 4:29
  Speaker 2: I don't know how you get off? How do you
• 4:31
  Speaker 2: get off?
• 4:32
  Speaker 7: You know who isn't ex time mobile getting slaughtered, not
• 4:35
  Speaker 7: your gass slaughtered. So got to pick even like ge
• 4:42
  Speaker 7: GM that they're making a transition. But if you just
• 4:45
  Speaker 7: go look over time, like even ge Sergeant Slaughter Magins,
• 4:51
  Speaker 7: got to make the adjustments over time, Like if this
• 4:53
  Speaker 7: is nineteen eighty, I would be the biggest oil and
• 4:55
  Speaker 7: gas fan ever, not eighty anymore. So as we adjust,
• 4:59
  Speaker 7: and then if line gets it to the moon, I'm
• 5:01
  Speaker 7: gonna be platonium rocks. Anything that can get us a
• 5:05
  Speaker 7: space great, I'm gonna be for that. And whatever aliens
• 5:07
  Speaker 7: are running that civilization, I'm gonna be pro. I'm gonna
• 5:09
  Speaker 7: be like mars etf Man. Until then I'm going to
• 5:12
  Speaker 7: play whatever the predominant sector is.
• 5:14
  Speaker 3: Exactly Like Google is a perfect example, right Google, that's
• 5:17
  Speaker 3: an XLC But why is that not an XL Xlkay?
• 5:21
  Speaker 2: Right? Think you think Google, Google? You think YouTube?
• 5:24
  Speaker 3: This is these are tech. This is all based in tech,
• 5:27
  Speaker 3: but you know it is what it is. So like
• 5:28
  Speaker 3: I said, I don't know how you get out.
• 5:29
  Speaker 2: Of the space.
• 5:32
  Speaker 7: If you get out of tech right now would be
• 5:33
  Speaker 7: the biggest mistake that you guys have it. But you, guys,
• 5:35
  Speaker 7: this is the fun part about a vestling. You can
• 5:37
  Speaker 7: do whatever you want to do, do whatever. Cars are
• 5:39
  Speaker 7: run on.
• 5:40
  Speaker 2: Tech increasingly increasingly increased.
• 5:44
  Speaker 7: Technology is the lifeblood of our society and it will
• 5:47
  Speaker 7: be for like the next fifty years.
• 5:50
  Speaker 4: You can't I run it Apple.
• 5:52
  Speaker 6: The rumors of Apple's demise is greatly.
• 5:54
  Speaker 7: Please some of your shares, please, I'll take them if
• 5:58
  Speaker 7: you think that they're gonna go under. With Tim Cook,
• 6:00
  Speaker 7: arguably is the Steve Jobs of operations. I could argue,
• 6:07
  Speaker 7: man if Elon had a Tim Cook, they would probably
• 6:10
  Speaker 7: be at three thousand now. And you guys gonna say
• 6:15
  Speaker 7: he doesn't need it.
• 6:16
  Speaker 4: He does. You need a counterbalance.
• 6:18
  Speaker 7: So as great as Steve was, that the creativity the
• 6:22
  Speaker 7: operations manager helps a hell of a lot. I think
• 6:24
  Speaker 7: they wrote roll out too many products. But if Elon
• 6:26
  Speaker 7: had another hymn in operations or R and D, my god,
• 6:31
  Speaker 7: it like.
• 6:34
  Speaker 2: Erness what's up?
• 6:35
  Speaker 3: You ever walk into a small business and everything just
• 6:37
  Speaker 3: works like the checkout is fast, the seats are digital,
• 6:41
  Speaker 3: tipping is a breeze, and you're out the door before
• 6:44
  Speaker 3: the line even builds. Odds are they're using square We
• 6:48
  Speaker 3: love supporting businesses that run on Square because it just
• 6:51
  Speaker 3: feels seamless. Whether it's a local coffee shop, a vendor
• 6:54
  Speaker 3: at a pop up market, or even one of our
• 6:57
  Speaker 3: merch partners, Square makes it easy for them to take payments,
• 7:01
  Speaker 3: manage inventory, and run their business with confidence, all from
• 7:04
  Speaker 3: one simple system. If you're a business owner or even
• 7:08
  Speaker 3: just thinking about launching something soon, Square is hands down
• 7:11
  Speaker 3: one of the best tools out there to help you start, run,
• 7:15
  Speaker 3: and grow. It's not just about payments, it's about giving
• 7:18
  Speaker 3: you time back so you can focus on what matters
• 7:21
  Speaker 3: most ready. To see how Square can transform your business,
• 7:24
  Speaker 3: visit Square dot com backslash go backslash eyl to learn
• 7:29
  Speaker 3: more that Square dot com backslash, go backslash eyl. Don't wait,
• 7:34
  Speaker 3: don't hesitate. Let's Square handle the back end so you
• 7:37
  Speaker 3: can keep pushing your vision forward. This episode is brought
• 7:44
  Speaker 3: to you by P and C Bank. A lot of
• 7:46
  Speaker 3: people think podcasts about work are boring, and sure, they
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  Speaker 3: definitely can be, but understanding a professional's routine shows us
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  Speaker 2: But keeping your money.
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  Speaker 3: Boring is what helps you live or more happily fulfilled life.
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  Speaker 3: Brilliantly Boring since eighteen sixty five is a service mark
• 8:17
  Speaker 3: of the PNC Financial Service Group, Inc. P and C
• 8:20
  Speaker 3: Bank National Association Member FDIC.
• 8:24
  Speaker 1: An illegal alien from Guatemala charged with raping a child
• 8:28
  Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
• 8:32
  Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
• 8:36
  Speaker 1: filming and selling child pornography in Michigan. These are just
• 8:40
  Speaker 1: some of the heinous migrant criminals caught because of President
• 8:44
  Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
• 8:48
  Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 8:53
  Speaker 1: crossings are at the lowest levels ever recorded, and over
• 8:56
  Speaker 1: one hundred thousand illegal aliens have been arrested. If you
• 9:00
  Speaker 1: are here illegally, your next you will be fine nearly
• 9:03
  Speaker 1: one thousand dollars a day, imprisoned and deported, you will
• 9:07
  Speaker 1: never return. But if you register using our CBP home
• 9:11
  Speaker 1: app and leave now, you could be allowed to return legally,
• 9:15
  Speaker 1: do what's right.
• 9:16
  Speaker 5: Leave now.
• 9:17
  Speaker 1: Under President Trump, America's laws, border and families will be protected.
• 9:22
  Speaker 2: Sponsored by the United States Department at homeand Security.
• 9:25
  Speaker 4: Those other pieces are needed.
• 9:26
  Speaker 3: Shout out to Leon and the chat Shout to Leon.
• 9:29
  Speaker 3: Either Arnie said what about uranium stocks. We actually spoke
• 9:31
  Speaker 3: about that when we were talking to Francis maybe maybe
• 9:34
  Speaker 3: two or three weeks ago. He was speaking about uranium stocks.
• 9:37
  Speaker 3: But you and I want to talk about Square really
• 9:38
  Speaker 3: quick because I know we're gonna go to questions and
• 9:40
  Speaker 3: I don't know, I haven't heard anybody talk about this really,
• 9:42
  Speaker 3: but it actually has its own in house bank. It
• 9:45
  Speaker 3: launched at the beginning of the month. Like, I haven't
• 9:48
  Speaker 3: heard anybody talk about it. But that's a huge deal.
• 9:50
  Speaker 4: And where is the new JP Morgan?
• 9:55
  Speaker 3: So Square financial Services the number one goal right now
• 9:57
  Speaker 3: is to offer business loans, and so I want to
• 10:00
  Speaker 3: see what the details on that is. We talking small business, are,
• 10:02
  Speaker 3: we're talking large caps. That's gonna be interesting to see.
• 10:05
  Speaker 3: I want to see the details that come from this.
• 10:06
  Speaker 3: Obviously we know Square ian's one of his favorite choices.
• 10:10
  Speaker 3: But yeah, man, like that kind of went under the rug.
• 10:12
  Speaker 3: Nobody talked about it. I'm like, do we not just
• 10:15
  Speaker 3: see this?
• 10:16
  Speaker 7: I mean maybe Hove was like, hey, let's keep this
• 10:18
  Speaker 7: on a hush hush, and he gonna usher in one
• 10:20
  Speaker 7: of them fifty to fifty joint venture deals like he
• 10:22
  Speaker 7: did back in it. Like if they have all the
• 10:24
  Speaker 7: customer data and they know what customers want and they
• 10:29
  Speaker 7: can provide the financing because interest is low, what advantages
• 10:34
  Speaker 7: of America have over them. Bank of America doesn't have
• 10:36
  Speaker 7: as many data points as fast and with the acquisition
• 10:39
  Speaker 7: of title, you can go into interest. So now I
• 10:41
  Speaker 7: can get a forty two year old woman in the
• 10:43
  Speaker 7: middle of Missouri, Saint Louis, Missouri that is just not
• 10:45
  Speaker 7: opening up beauty salon. You know all of our interests
• 10:48
  Speaker 7: and what her playlist, and I can put an ad
• 10:50
  Speaker 7: next to her when she's playing magnae stallion ol right
• 10:55
  Speaker 7: right then she throwing a sweetie shot a quavin. I'm
• 10:58
  Speaker 7: glad you got the truck back. Then you compare, you
• 11:02
  Speaker 7: got exactly what a business owner needs for a hair
• 11:04
  Speaker 7: salon and target them at the right time and say
• 11:06
  Speaker 7: I can give you two point three percent interest, and
• 11:08
  Speaker 7: when you do your payment processing, do it through us.
• 11:10
  Speaker 4: Because we're Forto culture. Here's hole what bank can do
• 11:14
  Speaker 4: that right now? Not one.
• 11:18
  Speaker 7: Data data is the like they can literally you gots
• 11:22
  Speaker 7: seen the movie back in the day, like what women want,
• 11:24
  Speaker 7: Like Square can literally read every business on his mind
• 11:27
  Speaker 7: and tell you what you need. That's a huge asadvantage
• 11:30
  Speaker 7: opposed to going through the traditional lending process like that
• 11:36
  Speaker 7: game changer.
• 11:37
  Speaker 3: Yeah, and I was like, this is kind of I
• 11:39
  Speaker 3: didn't see anybody really reported. I kind of read stumbled apart.
• 11:41
  Speaker 3: I'm like, wait, huh, nobody's talking about this song. I'm
• 11:44
  Speaker 3: just putting that on your radar. Keep an eye on
• 11:47
  Speaker 3: that when more details can come out. Obviously, we're going
• 11:50
  Speaker 3: to give you everything that we know, so definitely keep
• 11:52
  Speaker 3: it on Ian real quick. I'm gonna do the earnings
• 11:54
  Speaker 3: report because it's kind of a slow week for anything
• 11:56
  Speaker 3: that we've talked about. However, tomorrow something very interesting will
• 11:59
  Speaker 3: be happening. This company called gamest album reporting.
• 12:03
  Speaker 6: Hey, look, can we just talk about that real quick. Actually,
• 12:06
  Speaker 6: just the elephant in the room. Everybody on YouTube, everybody's
• 12:09
  Speaker 6: always looking for something.
• 12:11
  Speaker 2: Not everybody.
• 12:12
  Speaker 6: Some people are looking for something. So in some comments
• 12:14
  Speaker 6: I've seen previously, like well you guys have to admit
• 12:17
  Speaker 6: when you're wrong, you got that wrong.
• 12:18
  Speaker 7: I was wrong and paid out, but I'm still ninety five.
• 12:22
  Speaker 4: Percent, which.
• 12:28
  Speaker 6: Sometimes you have.
• 12:29
  Speaker 7: There's nothing wrong with being wrong, that's true, and I'm
• 12:32
  Speaker 7: the only person if.
• 12:33
  Speaker 4: I'm wrong, I pay out.
• 12:34
  Speaker 7: So if that's the one narsis that I didn't It
• 12:36
  Speaker 7: didn't drop to seventy two, but it did drop from
• 12:38
  Speaker 7: fort eighty three to one ninety four.
• 12:40
  Speaker 6: As if I was about to say that did happen.
• 12:42
  Speaker 7: There was like nine people in red Pan that made
• 12:44
  Speaker 7: half a million dollars off the shorts.
• 12:46
  Speaker 4: I was wrong.
• 12:47
  Speaker 7: It didn't go to twenty four bucks. But when it
• 12:49
  Speaker 7: does later, I'll still be wrong, but it will go
• 12:51
  Speaker 7: to that price.
• 12:52
  Speaker 3: I'm interested to see what happens because it's gonna happen
• 12:54
  Speaker 3: after closing tomorrow, and so I will.
• 12:57
  Speaker 2: I mean, if they don't have you do you think
• 13:00
  Speaker 2: they meet revenue? Do they do?
• 13:02
  Speaker 3: They do they meet the beat? Because I mean this
• 13:04
  Speaker 3: is going off of the fourth quarter where they you
• 13:06
  Speaker 3: had two brand new systems come to the market, but
• 13:10
  Speaker 3: they had limited quantity of it, right, and then if
• 13:12
  Speaker 3: you think about the digital space when it comes to gaming,
• 13:14
  Speaker 3: that really doesn't help them, right, because people can just
• 13:17
  Speaker 3: put the content right on the device, and so now
• 13:19
  Speaker 3: I don't need your store. So I'm interested to see
• 13:21
  Speaker 3: what happens to the stock tomorrow after full I.
• 13:24
  Speaker 2: Think it's whatever. Whatever.
• 13:26
  Speaker 6: People sometimes you have anominalies that don't fit what are
• 13:30
  Speaker 6: supposed to happen in life, and that's part of that's
• 13:31
  Speaker 6: part of it.
• 13:32
  Speaker 7: That's a part of your trading plan to part of it.
• 13:34
  Speaker 6: And this GameStop situation is shown that people are very
• 13:37
  Speaker 6: powerful power to the people.
• 13:40
  Speaker 4: But it wasn't the people that well, and.
• 13:43
  Speaker 6: It still was a person people had fun. Whatever it was,
• 13:46
  Speaker 6: it was manipulated.
• 13:48
  Speaker 7: That's like Steve Stout saying I'm going against the system
• 13:50
  Speaker 7: and then put out an album through Island.
• 13:53
  Speaker 6: Yeah, I mean, but regardless, it's you know that the
• 13:56
  Speaker 6: prices was, it's not had nothing to do with fundamentals,
• 13:59
  Speaker 6: had nothing to do with and cornalysis, it has everything
• 14:01
  Speaker 6: to do with. You know, it was moved.
• 14:05
  Speaker 7: That happens, and for those who got in on it,
• 14:07
  Speaker 7: and even then being able to get out of that
• 14:09
  Speaker 7: and reissue and take advantage of the corporate bond thing,
• 14:12
  Speaker 7: Like you guys really need to go look at how
• 14:14
  Speaker 7: much money was made on that like it was a
• 14:17
  Speaker 7: It was a good move, but it'll be over relatively soon.
• 14:22
  Speaker 2: Well played.
• 14:23
  Speaker 3: To hear a more extended conversation, make sure to check
• 14:25
  Speaker 3: out our live YouTube show market Mondays every Monday eight
• 14:28
  Speaker 3: pm Easter Standard Time seven pm Central, and check out
• 14:32
  Speaker 3: the market Mondays podcast on iHeart, Spotify, Apple, wherever you
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  Speaker 3: downroad your podcast Now.
• 14:39
  Speaker 6: My graduates from my school being forced.
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  Speaker 2: Back drop drop Mike, drop back drop drop.
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