Latest / Earn Your Leisure / Study Hall: Business Tax Breaks & Investments with Ms Business, Quentin Martin, & Wallstreet Trapper

Transcript

Study Hall: Business Tax Breaks & Investments with Ms Business, Quentin Martin, & Wallstreet Trapper · Earn Your Leisure

• 0:00
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  Speaker 2: Earners, Listen up.
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  Speaker 3: When people all around the world first started going out
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  Speaker 3: protesting this summer, you'd hear it over and over. This
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  Speaker 3: Resistance is out now. Follow and listen for free on Spotify.
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  Speaker 4: My graduates from my school being forced back.
• 1:46
  Speaker 5: Drop Mike, drop bad. What's good? What's good? Good people? Yeah, man,
• 2:06
  Speaker 5: we don't stop working, man, We never stopped working. Holidays, Christmas,
• 2:11
  Speaker 5: New Year's, Thanksgiving? We yah, man, We opened up twenty
• 2:16
  Speaker 5: four hours like a boat dagger.
• 2:19
  Speaker 2: Hey, hey, hey, lady.
• 2:22
  Speaker 5: What's going on.
• 2:23
  Speaker 2: You gotta mute yourself.
• 2:24
  Speaker 5: I'm yourself. I'm mute yourself.
• 2:26
  Speaker 2: Yeah, yeah, yeah.
• 2:28
  Speaker 6: Hey, can you guys hear me?
• 2:30
  Speaker 5: Nah? No, you wanna mute yourself? Yeah? They said they canna.
• 2:39
  Speaker 5: We can't hit. Let me say something, say something else.
• 2:44
  Speaker 6: You guys can hear me.
• 2:47
  Speaker 4: You're gonna do it us again?
• 2:49
  Speaker 2: Not again. They owe us, They owe us for the
• 2:51
  Speaker 2: last time.
• 2:51
  Speaker 5: What's going on, lady, what's up? Not much? Not much.
• 2:56
  Speaker 5: If anybody's not familiar, this is this is a bonus. Like,
• 2:59
  Speaker 5: since this thing given, we're gonna just It's like a
• 3:01
  Speaker 5: meal like you just can't have one, you know what
• 3:04
  Speaker 5: I'm saying. Dessert, you gotta have everything. So we got
• 3:07
  Speaker 5: a lot of surprises today. This is like our This
• 3:10
  Speaker 5: is like our surprise for Thanksgiving. So Miss Business is
• 3:15
  Speaker 5: the first guest that ever appeared on ever Ever. It's monumental.
• 3:19
  Speaker 5: A lot of people might not know that, but first
• 3:21
  Speaker 5: guest ever for Legion episode number seven.
• 3:24
  Speaker 2: Number eight. Yes, we got to put number eight on
• 3:28
  Speaker 2: your shirt.
• 3:29
  Speaker 5: Number eight.
• 3:30
  Speaker 6: I need a number eight on my shirt.
• 3:32
  Speaker 7: I told you guys, gonna be my uniform, so make
• 3:35
  Speaker 7: sure that you stand for eight on the back of it.
• 3:40
  Speaker 5: So Miss Business is our CPA for multiple businesses that
• 3:46
  Speaker 5: we that we now have e y L e y
• 3:48
  Speaker 5: L University, our trucking business, a bunch of different stuff
• 3:52
  Speaker 5: and we wanted to bring her on for a few reasons.
• 3:55
  Speaker 5: We felt it was timely at the end of the year.
• 3:56
  Speaker 5: So first off, backup and say what this is so
• 3:59
  Speaker 5: e y O. You know, Versity is our educational platform
• 4:01
  Speaker 5: and once a week, every single Wednesday, we do a
• 4:04
  Speaker 5: class and then the last Wednesday of the month we
• 4:08
  Speaker 5: open it up to the public. It's called opening Romance.
• 4:10
  Speaker 5: So the whole so you know, everybody can see for
• 4:12
  Speaker 5: them spells and yeah, it's like, you know, we don't
• 4:15
  Speaker 5: hide our work. We show it. So every week it's
• 4:18
  Speaker 5: a different topic. So this week we're gonna talk about
• 4:21
  Speaker 5: a few different things. But I thought it was timely
• 4:23
  Speaker 5: because you know, I made that post on social media
• 4:27
  Speaker 5: with the cars with the range Rovers and meet Troy
• 4:30
  Speaker 5: and Matt we got range Rovers, and I just I
• 4:33
  Speaker 5: kind of put like a little thing and that you know,
• 4:35
  Speaker 5: we're done responsibly and we got a business deduction and
• 4:39
  Speaker 5: we save money on taxes and all that, and it
• 4:41
  Speaker 5: just went crazy, a lot of people asking questions how
• 4:43
  Speaker 5: you do that? Da da da da. And then I'm figuring,
• 4:45
  Speaker 5: you know, since it's the end of the year, it
• 4:47
  Speaker 5: might be some some tax questions and things of that nature.
• 4:50
  Speaker 5: So we actually just had our call with you as
• 4:54
  Speaker 5: far as you know, earning your leisure, our tax strategy,
• 4:57
  Speaker 5: and what deductions we plan on taking before the end
• 4:59
  Speaker 5: of the year, things of that nature. So I'm like,
• 5:02
  Speaker 5: all right, so why should we be the only ones
• 5:04
  Speaker 5: privy to this excellent information?
• 5:06
  Speaker 2: Why can't service, yeah for sure about the service.
• 5:09
  Speaker 5: Why can't why can't the whole world be privy to
• 5:11
  Speaker 5: this whole to this information and one thing about you know,
• 5:15
  Speaker 5: our alumni, they never tell us, no they So that's
• 5:21
  Speaker 5: what we're gonna do. We're gonna drop some gems and
• 5:24
  Speaker 5: then we're gonna talk about investing afterwards with another one
• 5:28
  Speaker 5: of our guests. But first and foremost, Miss Business, thank
• 5:31
  Speaker 5: you for joining us. Appreciate it.
• 5:33
  Speaker 4: Of course.
• 5:34
  Speaker 7: Of course, where else would I rather be day before Thanksgiving?
• 5:38
  Speaker 6: But with you guys.
• 5:45
  Speaker 5: Somebody said, somebody said, I got a hughe he from
• 5:48
  Speaker 5: the business. Sure, now that's that's Sat.
• 5:50
  Speaker 3: That's that's that good Sat.
• 5:54
  Speaker 2: I told you good, good merch merch.
• 5:57
  Speaker 5: I need to come up to the one on the camera,
• 5:58
  Speaker 5: that's good merch man. We don't, we haven't. You know
• 6:00
  Speaker 5: what I'm saying. You see, Troy got the tie die
• 6:03
  Speaker 5: shirt I got. I got the satin sweatsuit like an
• 6:08
  Speaker 5: old nineteen eighties mobster.
• 6:11
  Speaker 2: That's a fact. That's all.
• 6:13
  Speaker 5: Some mobster. All I need is my glasses. Man didn't
• 6:16
  Speaker 5: bring them today, No, I didn't bring them today. I
• 6:18
  Speaker 5: didn't bring them today. Seeing us, he cheating us, I
• 6:23
  Speaker 5: had to take a break. I had to take a
• 6:24
  Speaker 5: break for a minute.
• 6:25
  Speaker 2: You see some people doing it.
• 6:27
  Speaker 5: Uh, you know, how that goes man, talk to him, spicy,
• 6:32
  Speaker 5: follow the leader. But let's let's let's get into a missbusiness.
• 6:36
  Speaker 5: So we the first thing I want told you about
• 6:39
  Speaker 5: few different things as far as tax plan is concerned,
• 6:41
  Speaker 5: but the first thing that we did well, not the
• 6:44
  Speaker 5: first thing that we did, but the thing that I
• 6:46
  Speaker 5: want to talk about first is the cars, because you know,
• 6:49
  Speaker 5: it's one of these things that gets people's attention and
• 6:52
  Speaker 5: everybody has an opinion on it, and it's like but
• 6:55
  Speaker 5: you know, like I said, everything that we do we
• 6:57
  Speaker 5: do responsibly, and everything that we do we share with
• 6:59
  Speaker 5: the public. So you know, when we when we was
• 7:02
  Speaker 5: purchasing our cars and shout out to you because you
• 7:04
  Speaker 5: were the first person that really because I had never
• 7:06
  Speaker 5: put a car on a business name before. I always
• 7:08
  Speaker 5: used to just you know, buy my car at least
• 7:10
  Speaker 5: my cars and put it on my own personal.
• 7:12
  Speaker 2: Name, and I never even had the opportunity.
• 7:14
  Speaker 5: You can I say, well, I can say what kind
• 7:16
  Speaker 5: of car you got? You got the G Wagon, you
• 7:18
  Speaker 5: gotg Yeah, business got the g Wagon, big boy, big body,
• 7:24
  Speaker 5: the g amg G sixty three, sixty three, he's sixty three.
• 7:30
  Speaker 5: That's what you have been saying.
• 7:31
  Speaker 3: I mean, if you like, let's see, if you ain't
• 7:35
  Speaker 3: rolling like that, man, you might need to find a
• 7:37
  Speaker 3: new one.
• 7:37
  Speaker 5: G sixty three, that's what you mean. That's a fact, man, Spicy.
• 7:43
  Speaker 5: So when when I was talking to her and she
• 7:45
  Speaker 5: gave me some games, She's like, yeah, you know, I
• 7:47
  Speaker 5: put it under my business account and she kind of
• 7:50
  Speaker 5: like gave me the knowledge on it. So I'm like,
• 7:53
  Speaker 5: all right, well, I'm gonna get a car, so I
• 7:54
  Speaker 5: might as well do the same thing. And it was
• 7:56
  Speaker 5: a lot easier, and I thought it was going to
• 7:59
  Speaker 5: be like it literally took me five minutes. And the
• 8:02
  Speaker 5: dope part for me is that my base, my bank
• 8:05
  Speaker 5: that I'm getting the financing through is Chase, and I
• 8:08
  Speaker 5: bank with Chase. So on the app it has like
• 8:11
  Speaker 5: my car payment thing right there, and it's like all
• 8:13
  Speaker 5: I gotta do is just open my Chase app and
• 8:16
  Speaker 5: it's just automatic for the for the car payment, straight
• 8:19
  Speaker 5: from the straight from the stay from the business account.
• 8:21
  Speaker 5: So let's talk about it. Let's talk about it. So
• 8:24
  Speaker 5: there's two ways that you can that you can accomplish
• 8:27
  Speaker 5: this right. Well, first let's talk about the six thousand
• 8:29
  Speaker 5: pound ul because a lot of people was asking about
• 8:32
  Speaker 5: the six thousand pound rul. They thought that that's what
• 8:34
  Speaker 5: it was. Because if you're not familiar, well, I'll let you, I'll,
• 8:37
  Speaker 5: i'll They say, I talk too much. You're explaining the
• 8:40
  Speaker 5: six thousands so.
• 8:41
  Speaker 6: Smart, that's so smart. You can't help it.
• 8:44
  Speaker 7: You can't hope it all right, So let's talk about vehicles, right,
• 8:49
  Speaker 7: So you have you have your standard vehicles. Right, Most
• 8:52
  Speaker 7: vehicles like even rain drovers, g wagons, they fall a
• 8:57
  Speaker 7: little under six thousand pounds, but for the most part,
• 9:00
  Speaker 7: all vehicles fall under about six thousand pounds. And if
• 9:04
  Speaker 7: you do, and we'll talk, and I also want to
• 9:07
  Speaker 7: talk about the different ways you can go about purchasing
• 9:10
  Speaker 7: your vehicle. Right, So you have your finance in, then
• 9:13
  Speaker 7: you have your lease in, or you can pick the
• 9:15
  Speaker 7: mileage method.
• 9:16
  Speaker 6: Right. Most people are very familiar with the mileage method.
• 9:19
  Speaker 7: However, when you finance your car, it when you could
• 9:23
  Speaker 7: pretty much purchase your vehicle. It sits as an asset
• 9:26
  Speaker 7: in your business. Right, So when it sits as an
• 9:28
  Speaker 7: asset in your business, anytime you have any type of assets,
• 9:32
  Speaker 7: you get to depreciate them. So when you are depreciating
• 9:36
  Speaker 7: your vehicles, there's certain timeframes in terms of years that
• 9:41
  Speaker 7: you get to depreciate it over So for anyone that
• 9:44
  Speaker 7: isn't familiar when you depreciate any sort of asset, what
• 9:47
  Speaker 7: you're doing is you are you're pretty much allocating the
• 9:53
  Speaker 7: cost of whatever asset you acquired, and you are writing
• 9:57
  Speaker 7: it off over time. Right. So with the vehicle, typically
• 10:02
  Speaker 7: standard depreciation years for a vehicle is seven years. However,
• 10:08
  Speaker 7: there's this thing called bonus appreciation that Trump put that
• 10:12
  Speaker 7: Trump pretty much wrote into his tax code, where for vehicles.
• 10:17
  Speaker 6: That are less than six thousand pounds.
• 10:21
  Speaker 7: You the first year you get to the duck eighteen
• 10:24
  Speaker 7: thousand dollars.
• 10:25
  Speaker 6: Right, the second year.
• 10:27
  Speaker 7: You get to depreciate sixteen thousand, and then the year
• 10:31
  Speaker 7: after that you get to the duck ninety six hundred.
• 10:34
  Speaker 7: Right in year three, then every year after that you
• 10:37
  Speaker 7: get to the duck five thousand, seven hundred and sixty dollars.
• 10:41
  Speaker 7: For each year intil the value of your asset has
• 10:43
  Speaker 7: been pretty much fully depreciated, right, meaning that you've captured
• 10:47
  Speaker 7: the full cost of your vehicle. Now, if your vehicle
• 10:51
  Speaker 7: is more than six thousand pounds, you get to the
• 10:53
  Speaker 7: duck one hundred percent of the vehicle, right, And why
• 10:56
  Speaker 7: that is so important is because sometimes.
• 11:00
  Speaker 6: People need those deductions. Right.
• 11:03
  Speaker 7: You may say, listen, I purchased this vehicle. It's over
• 11:06
  Speaker 7: six thousand pounds. I need those write offs, right. So
• 11:09
  Speaker 7: instead of writing it off over years, you get to
• 11:12
  Speaker 7: write it off one hundred percent.
• 11:14
  Speaker 4: In that year.
• 11:15
  Speaker 6: The good thing about bonus appreciation you can choose to
• 11:18
  Speaker 6: take it. You can choose not to.
• 11:19
  Speaker 7: So let's just say, hypothetically, if you were saying, you
• 11:22
  Speaker 7: know what my vehicle I want to you know, I
• 11:26
  Speaker 7: don't want to take advantage of bonus appreciation, right, you
• 11:30
  Speaker 7: will just write it off over years, over let's say
• 11:33
  Speaker 7: those seven years. And why that's important is because in
• 11:37
  Speaker 7: like tax planning sessions, we get to make those decisions.
• 11:40
  Speaker 6: Right.
• 11:40
  Speaker 7: So Rashaw talked about tax planning where I sit down
• 11:44
  Speaker 7: with my clients and I kind of find out everything
• 11:46
  Speaker 7: that's going on, and then we get to make the
• 11:49
  Speaker 7: decision on saying, okay, if you finance, okay, should we
• 11:53
  Speaker 7: take advantage of bonus appreciation? Is your vehicle over six
• 11:56
  Speaker 7: thousand pounds is it not? And how we can treat
• 11:59
  Speaker 7: it right. Another option is leasing your vehicle. So when
• 12:04
  Speaker 7: you lease your vehicle, you get to write one of
• 12:07
  Speaker 7: the least payment off. Right, it's like any other expense
• 12:10
  Speaker 7: that you are incurring on a vehicle. Keep in mind,
• 12:13
  Speaker 7: on the fine, if you're financing as well as leasing,
• 12:16
  Speaker 7: you are also able to take deductions such as gas,
• 12:22
  Speaker 7: insurance payments, registration, any sort of car washes, tires. Right,
• 12:31
  Speaker 7: you get to write those things off. And I wanted
• 12:33
  Speaker 7: to mention those things because then you have the mileage
• 12:37
  Speaker 7: method that people are very familiar with. So with the
• 12:40
  Speaker 7: mileage method, you pretty much it's kind of like a
• 12:43
  Speaker 7: quick calculation for I'm sorry, I keep seeing people ask
• 12:48
  Speaker 7: about pounds, so I can't necessarily tell you how many
• 12:51
  Speaker 7: pounds your vehicles are, but I'm sure if you google it,
• 12:54
  Speaker 7: you will find out how much of your cole waves.
• 12:58
  Speaker 7: So now, in regards to the mileage method, that's pretty
• 13:02
  Speaker 7: much the IRS quick way of saying, you know what,
• 13:05
  Speaker 7: if you don't want to keep track, and you don't
• 13:07
  Speaker 7: want to write off your payments, or even if you
• 13:09
  Speaker 7: drive a lot and it may be to your best interest,
• 13:13
  Speaker 7: instead of writing off the least payments or depreciating your vehicle,
• 13:18
  Speaker 7: will just do the mileage method. So what that means
• 13:20
  Speaker 7: is you just track your mouths from all of your
• 13:24
  Speaker 7: business activities throughout the year and then you will multiply.
• 13:28
  Speaker 6: However, mini moles that is for twenty nineteen was fifty
• 13:31
  Speaker 6: eight cents per mile.
• 13:33
  Speaker 7: Now, the thing that people always make the mistake of
• 13:37
  Speaker 7: when it comes to the mileage method is that they
• 13:39
  Speaker 7: feel they can take the mileage method and then also
• 13:42
  Speaker 7: deduct gas and insurance and all of those things on
• 13:45
  Speaker 7: top of it. But you can't the idea behind the
• 13:49
  Speaker 7: mileage method. It's kind of like a quick calculation for
• 13:52
  Speaker 7: you to say, you know what, I'm just going to
• 13:55
  Speaker 7: write off my vehicle this way. Something to note is
• 14:00
  Speaker 7: that you have to either take advantage of the mileage
• 14:03
  Speaker 7: method or the actual method, right. So the actual method
• 14:06
  Speaker 7: is writing off your actual expenses such as you know,
• 14:09
  Speaker 7: like your leash, your insurance, your gas, all of those things,
• 14:12
  Speaker 7: or you use the mileage method, right, which is a
• 14:14
  Speaker 7: quick calculation.
• 14:16
  Speaker 6: So I don't think I have any more to.
• 14:19
  Speaker 3: Really, no real quick because as I'm listening to you say,
• 14:23
  Speaker 3: and from a CPA standpoint, is it best that like
• 14:27
  Speaker 3: if I have a credit card, I allocate that credit
• 14:29
  Speaker 3: card specifically to all those things, right, So that makes
• 14:32
  Speaker 3: it easier to to to make for bookkeeping.
• 14:35
  Speaker 2: A good idea because when.
• 14:36
  Speaker 7: We're doing your bookkeeping, well, we'll be able to allocate
• 14:39
  Speaker 7: that what you guys should have. And and I don't know,
• 14:43
  Speaker 7: I'm gonna put this out there. I don't know if
• 14:44
  Speaker 7: you guys have it. But everyone who has a business,
• 14:46
  Speaker 7: and you guys have business credit, everyone should have a
• 14:49
  Speaker 7: gas card, right, So if you guys don't have gas cards,
• 14:52
  Speaker 7: you should get gas cards.
• 14:54
  Speaker 5: A card for gasoline, yes.
• 14:58
  Speaker 7: But it's strictly under your business name, so they go
• 15:00
  Speaker 7: they base it off of your business credit and that's
• 15:04
  Speaker 7: how you qualify for the the the gas cards. So
• 15:09
  Speaker 7: like I have VP, Shell has gas cards. There's a
• 15:13
  Speaker 7: few different there's a few different gas companies that issue
• 15:18
  Speaker 7: gas cards. But that is a really good way because
• 15:22
  Speaker 7: you know that that card is specifically for gas. There's
• 15:25
  Speaker 7: usually like you'll get a like reduced rates, and then
• 15:30
  Speaker 7: it's a really good way to just kind of keep
• 15:32
  Speaker 7: track of it and build your business credit at the
• 15:34
  Speaker 7: same time.
• 15:36
  Speaker 6: So that is that's really good.
• 15:38
  Speaker 5: I didn't even know about the gas card. I learned something.
• 15:41
  Speaker 5: I just learned something.
• 15:42
  Speaker 2: Just now got to call my CPA to on Friday.
• 15:44
  Speaker 5: You learn you learned something every day. You learned something
• 15:48
  Speaker 5: every day, So so you shouldn't be getting gas because
• 15:51
  Speaker 5: like right now I'm getting gas, it's on my regular
• 15:52
  Speaker 5: credit card. I shouldn't be doing that.
• 15:55
  Speaker 7: Everything should be under your business name. And that's something
• 15:58
  Speaker 7: very important. So when you say under or under your
• 16:01
  Speaker 7: credit card, is it your personal credit card or business
• 16:03
  Speaker 7: credit card?
• 16:04
  Speaker 5: The gas is my personal credit card.
• 16:06
  Speaker 6: Personal, So yeah, you need a business credit card.
• 16:09
  Speaker 7: So it should either be under your business gas card
• 16:12
  Speaker 7: or your business credit card. And I'm glad that you
• 16:14
  Speaker 7: said that because that is the number one struggle that
• 16:17
  Speaker 7: I have with business owners is that we co mingle
• 16:21
  Speaker 7: our funds. Right, we take our personal funds, our personal
• 16:26
  Speaker 7: credit and we pay.
• 16:27
  Speaker 6: For things on the business side.
• 16:28
  Speaker 7: And we have to start looking and treating our businesses
• 16:32
  Speaker 7: like separate people, right, Like you would never come and
• 16:35
  Speaker 7: pay my bills, I would never come and pay your bills, right,
• 16:38
  Speaker 7: And you just have to kind of look at your
• 16:40
  Speaker 7: entity like that as well, Right, Like your entity has
• 16:43
  Speaker 7: their own has its own legal name, it has its
• 16:47
  Speaker 7: own EI in number that acts as a Social Security number. Right,
• 16:51
  Speaker 7: So you definitely should not be paying for your gas
• 16:55
  Speaker 7: now that you have the car under your business you
• 16:57
  Speaker 7: should not be paying for your gas under your personal car.
• 17:02
  Speaker 6: Okay, so I'm happy that.
• 17:04
  Speaker 4: You said that.
• 17:05
  Speaker 5: Noted, noted, I appreciate that. So I should be paying
• 17:07
  Speaker 5: for it for either a business credit card or a
• 17:09
  Speaker 5: business debit card. Yes, what about any other expenses that
• 17:14
  Speaker 5: might come with the car? Everything should be paid, thing
• 17:16
  Speaker 5: should be.
• 17:16
  Speaker 6: Under your business.
• 17:17
  Speaker 7: That car now belongs to your business. So look at
• 17:20
  Speaker 7: it as though like my car, right, Like if I
• 17:23
  Speaker 7: needed tires, you wouldn't come and be like, you know what,
• 17:25
  Speaker 7: I'm going to pay for that. That's kind of like
• 17:28
  Speaker 7: what you're doing. I mean, unless you just want to
• 17:30
  Speaker 7: give me like be nice and generous. But but you know, ideally,
• 17:37
  Speaker 7: that's how I like to explain it to people. You know,
• 17:39
  Speaker 7: you just have to separate everything out that.
• 17:42
  Speaker 6: That car is not your car. That car is the
• 17:45
  Speaker 6: business car.
• 17:46
  Speaker 7: So you want to take care of all of the
• 17:48
  Speaker 7: expenses underneath the business maintenance, you know, car registration, inspection,
• 17:56
  Speaker 7: everything relating to the car should be under the buses
• 18:00
  Speaker 7: name got.
• 18:02
  Speaker 5: It, got it, got it, and yeah, so the six
• 18:05
  Speaker 5: thousand rule. The range rovers range from forty four nine
• 18:11
  Speaker 5: hundred pounds to five thousand, seven hundred and forty five pounds.
• 18:14
  Speaker 5: So the range Rover is just underneath six thousand pounds.
• 18:18
  Speaker 5: So that's why we did the what we do, we're
• 18:21
  Speaker 5: doing this, we're doing standard or actual.
• 18:24
  Speaker 7: You're doing actual, right, you guys are going to do actual,
• 18:27
  Speaker 7: and you're going to write off your payment.
• 18:29
  Speaker 5: Right, So that's why we did actual. But what we
• 18:32
  Speaker 5: what we are using the six thousand pound rule for
• 18:35
  Speaker 5: is our truck, big truck, the big truck, not the
• 18:39
  Speaker 5: range room, not that truck, the real truck.
• 18:41
  Speaker 6: The truck is.
• 18:43
  Speaker 5: Eighteen wheeler. So yeah, you want to talk about that.
• 18:47
  Speaker 7: Yes, So that is definitely a really good perk for
• 18:53
  Speaker 7: my people that get into trucking where you are able
• 18:56
  Speaker 7: to write off one hundred of the view for costs.
• 19:00
  Speaker 6: So again, you may need starting up that business.
• 19:04
  Speaker 7: You may need to write that, you know, write that
• 19:07
  Speaker 7: vehicle off one hundred percent in that year. But again,
• 19:10
  Speaker 7: let's say if we sat down and we were like,
• 19:13
  Speaker 7: you know what, if we kind of take the entire
• 19:16
  Speaker 7: cost of the vehicle, that may put us in a negative.
• 19:19
  Speaker 7: Depending on what you're trying to do. You may try
• 19:21
  Speaker 7: to qualify for a home. You may be trying to
• 19:22
  Speaker 7: go for a loan, right, you may not want your
• 19:26
  Speaker 7: even though when they do loans they add back depreciation.
• 19:29
  Speaker 7: But you may not want to exhaust all of that,
• 19:34
  Speaker 7: all of that expense into for twenty twenty.
• 19:37
  Speaker 6: You may want to kind of keep it on the
• 19:39
  Speaker 6: book so that.
• 19:39
  Speaker 7: You can exhaust it over time, right, And that is
• 19:43
  Speaker 7: what's extremely important, and that's why it's important to have
• 19:46
  Speaker 7: these conversations.
• 19:47
  Speaker 4: Right.
• 19:48
  Speaker 7: So, there's a couple things that I pointed out so
• 19:50
  Speaker 7: far that you need to have the conversation. You need
• 19:52
  Speaker 7: to understand if you're going to do the actual method
• 19:54
  Speaker 7: or the knowledge method. You also need to understand if
• 19:56
  Speaker 7: you're going to take advantage of bonus and depreciation or
• 20:00
  Speaker 7: you're not right. And so those conversations have to be had,
• 20:04
  Speaker 7: and they have to be had ideally before the year
• 20:07
  Speaker 7: is over.
• 20:07
  Speaker 6: Ray.
• 20:08
  Speaker 7: I have so many clients that I engage and they're like, yeah,
• 20:11
  Speaker 7: only time I talk to my accountant is January through April.
• 20:15
  Speaker 7: But now that you guys have businesses, you have trucking companies,
• 20:19
  Speaker 7: you real estate, whatever it is, you can't wait until
• 20:23
  Speaker 7: the end of I mean, the next year to talk
• 20:26
  Speaker 7: about taxes.
• 20:29
  Speaker 5: It's a fact. It's extremely important, and I feel like
• 20:34
  Speaker 5: there's so much stuff that people don't know, like you
• 20:36
  Speaker 5: know what I'm saying. It's like even I didn't know
• 20:39
  Speaker 5: about that the gas card, and I'm a financial advisor,
• 20:44
  Speaker 5: so there's so much information out there, and it's like
• 20:47
  Speaker 5: if you're not properly educated, you can make mistakes. And
• 20:50
  Speaker 5: like I said, this is it's a lot easier than
• 20:53
  Speaker 5: I thought it was going to be. All you need
• 20:54
  Speaker 5: is the EI in number. You need a business name,
• 20:57
  Speaker 5: so when you when you when you get the car,
• 20:59
  Speaker 5: you get them, you give them that information.
• 21:00
  Speaker 2: I don't think you need the articles of operation.
• 21:03
  Speaker 5: The articles of operation, your address that you incorporated business with.
• 21:06
  Speaker 5: And then if the business is like under ten years,
• 21:09
  Speaker 5: I don't think you could get it just solely on
• 21:10
  Speaker 5: your business. So you have to be a personal guaranteur, guarantee, whatever.
• 21:16
  Speaker 2: But even that is good to know.
• 21:17
  Speaker 3: So like it's good to know that to have good
• 21:19
  Speaker 3: credit too, right, because if your credit is not great,
• 21:21
  Speaker 3: then you can't be the personal yeah.
• 21:23
  Speaker 2: For your own call.
• 21:24
  Speaker 5: So so they run like your personal credit, but it's
• 21:27
  Speaker 5: under your business name, right, So the business, the businesses,
• 21:30
  Speaker 5: the cars under the business names, but they run your
• 21:32
  Speaker 5: personal credits at And it's a vibe.
• 21:38
  Speaker 4: Like knowing that.
• 21:40
  Speaker 6: That car like knowing that my car belongs to my business.
• 21:44
  Speaker 6: It just I don't know, it feels better.
• 21:46
  Speaker 7: But just to kind of piggyback for what you guys
• 21:48
  Speaker 7: were saying, it's really important. One, Yes, your credit needs
• 21:51
  Speaker 7: to be in shape, right, you have to have your
• 21:54
  Speaker 7: credit together, But to just kind of go through the
• 21:58
  Speaker 7: ways that you can qualify for a car loan, one
• 22:01
  Speaker 7: is completely outright purchasing it through your business name. However,
• 22:05
  Speaker 7: you're not going to be able to outright purchase it
• 22:07
  Speaker 7: under your business name if one, you don't have established
• 22:10
  Speaker 7: credit or you've never had any big loans, right. So
• 22:15
  Speaker 7: for me, that was the scenario where I had some
• 22:20
  Speaker 7: business credit. I had the taxes, right, so they should
• 22:23
  Speaker 7: be asking for taxes. They ask for your bank statement,
• 22:26
  Speaker 7: right because ideally, just how you need to qualify for
• 22:29
  Speaker 7: the loan, they want to see what's going on on
• 22:31
  Speaker 7: your business in so you have to show them bank statements.
• 22:34
  Speaker 7: You have to show them tax returns. But that may
• 22:38
  Speaker 7: not be enough even if you have the income side,
• 22:41
  Speaker 7: because what they may want to say is, Okay, we
• 22:44
  Speaker 7: can't really trust you to give you this big loan
• 22:47
  Speaker 7: because you've never had a loan exclusively in your business name.
• 22:50
  Speaker 7: So that's when you, as the individual, have to come
• 22:54
  Speaker 7: in and that's the business right, and that can be
• 22:56
  Speaker 7: done in two ways. You can either come in as
• 22:58
  Speaker 7: a co signer, which you got as we're just talking about,
• 23:01
  Speaker 7: for a co applicant, right, and so those are two
• 23:04
  Speaker 7: different things, Like I have to I went in as
• 23:06
  Speaker 7: a co applicant. I'm not sure if you guys went
• 23:09
  Speaker 7: in as co signers a co applicants, because it's kind
• 23:12
  Speaker 7: of like the difference is that a co signer, like
• 23:14
  Speaker 7: it doesn't show up on your personal credit, right, but
• 23:19
  Speaker 7: the co applicant it does show up, right, it shows
• 23:22
  Speaker 7: up on my personal credit because it's almost like we
• 23:25
  Speaker 7: went me and my business, we went into the loan together.
• 23:28
  Speaker 7: So that's why it's showing up on my business side
• 23:30
  Speaker 7: as well as my personal side. So I just wanted
• 23:34
  Speaker 7: to point that out that there are you know, that's
• 23:37
  Speaker 7: also another way as well that you know you will qualify,
• 23:42
  Speaker 7: but again that's kind of more of a lending thing.
• 23:45
  Speaker 7: From an accounting side, you definitely got to make sure
• 23:47
  Speaker 7: that you know your taxes are completed. You have to
• 23:52
  Speaker 7: make sure that it is a situation where you know
• 23:56
  Speaker 7: they some lenders may request the profit and laws statement,
• 23:59
  Speaker 7: i e. You'll need to make sure that your bookkeeping
• 24:01
  Speaker 7: is in place, which a lot of business owners that's
• 24:04
  Speaker 7: like the first thing that they ne blect is there
• 24:07
  Speaker 7: is their bookkeeping.
• 24:08
  Speaker 6: So just being financially set so that you can.
• 24:13
  Speaker 7: Position yourself to not only save on taxes, but like
• 24:17
  Speaker 7: really build your business credit.
• 24:21
  Speaker 5: All right, we got we got a few questions for you,
• 24:23
  Speaker 5: miss business. But before we go to the questions, everybody
• 24:26
  Speaker 5: on YouTube, if you could be so kind to like
• 24:28
  Speaker 5: hit the like button, greatly appreciate it. And for people
• 24:31
  Speaker 5: that might just be tuning into YouTube that might not
• 24:33
  Speaker 5: know what's going on here. So, as I said, Eyo University,
• 24:37
  Speaker 5: there's our educational platform. So we have seventy archives classes
• 24:41
  Speaker 5: and then we have weekly classes every single week on
• 24:44
  Speaker 5: different topics from different presenters, everything from how to start
• 24:46
  Speaker 5: a marijuana business, to car insurance, to real estate to taxes,
• 24:51
  Speaker 5: the taxes everything. And then we have monthly financial planning
• 24:54
  Speaker 5: calls with me. We have bi weekly real estate calls
• 24:56
  Speaker 5: with MG the Mortgage Guide. We have book Club ran
• 24:59
  Speaker 5: by You, Movie Love, ran Value, private Facebook group. So
• 25:03
  Speaker 5: it's the whole community. It's not an Investment Club. There's
• 25:06
  Speaker 5: not an investment tips, it's the actual university where you learn.
• 25:09
  Speaker 5: And we're going to actually open our trade department God
• 25:11
  Speaker 5: Willing in twenty twenty one with the HVAC and like
• 25:14
  Speaker 5: plumbing and stuff like that to try to tea.
• 25:16
  Speaker 2: People at skills. Skills.
• 25:18
  Speaker 5: Skills is very important. Skills is very important. So once
• 25:20
  Speaker 5: a month we do it what we call open enrollment
• 25:22
  Speaker 5: to just like open it up to the public and
• 25:25
  Speaker 5: then just you know, show it and you can, you know,
• 25:27
  Speaker 5: see for yourself. So right now for Black Friday to
• 25:29
  Speaker 5: the end of Black Fighter, we're running a fifty percent
• 25:31
  Speaker 5: off sale on an annual membership, which is three hundred
• 25:36
  Speaker 5: and thirty three dollars like that, Yeah, for the year,
• 25:38
  Speaker 5: three hundred and thirty dollars for years.
• 25:40
  Speaker 3: It's like, I know, there's a bunch of people that's
• 25:41
  Speaker 3: like waiting for olock Pso this is lessing in P five.
• 25:44
  Speaker 5: No, that's it's close to this.
• 25:46
  Speaker 2: Less than that.
• 25:46
  Speaker 5: I'm gonna put the link inhead. The link is also
• 25:48
  Speaker 5: in the description, so if you want to if you
• 25:51
  Speaker 5: want to do it, the code, the code is e
• 25:53
  Speaker 5: y L fifty and you go to Eyo University dot
• 25:56
  Speaker 5: com and you get fifty percent off a couple hundred
• 25:59
  Speaker 5: dollars lets less than a night out in Atlanta. That's
• 26:02
  Speaker 5: the only place. Atlanta is the only place that's open.
• 26:04
  Speaker 5: So that's the only thing I could really say.
• 26:06
  Speaker 2: That's a big.
• 26:07
  Speaker 5: Ain't no other place open. But yeah, part of uy
• 26:10
  Speaker 5: University is that we get question and answers. So Market
• 26:12
  Speaker 5: Mondays is kind of like a case studying that you
• 26:15
  Speaker 5: get to. But this is what we do every single
• 26:17
  Speaker 5: week where we bring an expert in the field and
• 26:19
  Speaker 5: then people get to ask them questions. So let's go
• 26:21
  Speaker 5: to a question.
• 26:23
  Speaker 3: All right, Aaron, we're coming to you. I mute yourself.
• 26:24
  Speaker 3: You've been unmuted. What's going on?
• 26:29
  Speaker 8: What's going off? I'm in my car right now. One second?
• 26:34
  Speaker 8: All right, yo, what's going on?
• 26:36
  Speaker 2: Glad to be on.
• 26:36
  Speaker 8: I appreciate it. Uh, you know, I love out here
• 26:39
  Speaker 8: from Cali, straight out all the way from California. Market Monday. Yeah,
• 26:45
  Speaker 8: I've been rocking with Johnson earlier this year, and I
• 26:48
  Speaker 8: can attest you just listening more so and not necessarily
• 26:51
  Speaker 8: taking action on a lot of the gyms that you guys,
• 26:53
  Speaker 8: you know, gave out. I missed on a lot. But anyway,
• 26:57
  Speaker 8: one of my questions was, I'm currently I just created
• 27:01
  Speaker 8: an LLC, recently got that established. I'm opening up a
• 27:05
  Speaker 8: business bank account next week play at the end of
• 27:08
  Speaker 8: the week. One of my questions is, you know for
• 27:10
  Speaker 8: business credit. That's kind of why I've been holding off
• 27:12
  Speaker 8: on it. I'm currently leveraging personnel debt. I have that
• 27:17
  Speaker 8: I have the capital to pay to pay it down
• 27:19
  Speaker 8: if I need to. But but like I said, I'm
• 27:21
  Speaker 8: leveraging it for you know, for my future. Would you
• 27:25
  Speaker 8: miss business would you recommend or Rashaw, would you recommend
• 27:28
  Speaker 8: lowering my personal debt prior to applying for the business
• 27:31
  Speaker 8: credit and then just releverage my personal there after I
• 27:35
  Speaker 8: established the vision the business credit.
• 27:39
  Speaker 7: So what I will say is when you first start
• 27:44
  Speaker 7: establishing your business credit, your personal credit doesn't play a part,
• 27:49
  Speaker 7: meaning that your first step should be getting your done's number,
• 27:54
  Speaker 7: creating trade lines with certain with certain companies such as
• 27:59
  Speaker 7: Staple are filled, trying to get a gas card, looking
• 28:04
  Speaker 7: for other companies to report to duns in Bradstreet.
• 28:07
  Speaker 6: And that's another thing.
• 28:08
  Speaker 7: You want to make sure that whomver you are working
• 28:12
  Speaker 7: with will not working but whomever you decide to get
• 28:16
  Speaker 7: a tradeline or a credit card with you want to
• 28:19
  Speaker 7: ask them the question do you report to duns and Bradstreet.
• 28:24
  Speaker 6: I like, for instance, I use quill dot com.
• 28:26
  Speaker 7: I have an office, so I use quill dot com
• 28:30
  Speaker 7: to order like a lot of my office supplies, to.
• 28:33
  Speaker 6: Order a lot of I even order like some home supplies.
• 28:36
  Speaker 7: It costs a little bit more, but it's all in
• 28:38
  Speaker 7: the name of me building my business credit. So I
• 28:42
  Speaker 7: don't necessarily feel that you have to reduce your personal credit,
• 28:48
  Speaker 7: I mean your personal debt before going to start establishing
• 28:51
  Speaker 7: your business credit.
• 28:52
  Speaker 6: But what I will say is that you know, if
• 28:55
  Speaker 6: and you know you.
• 28:56
  Speaker 7: Down the road you want to go, and you know,
• 28:59
  Speaker 7: purchase a vehicle in your name, you have to keep
• 29:01
  Speaker 7: in mind that that personal debt may be affecting your
• 29:04
  Speaker 7: personal credit score.
• 29:06
  Speaker 6: And because you don't have any.
• 29:07
  Speaker 7: Big you've never had any big debt underneath your business name,
• 29:11
  Speaker 7: it may be a situation where that will cause you
• 29:13
  Speaker 7: to not qualify for the loan because your dt I
• 29:18
  Speaker 7: or your credit score maybe lower and your dt I
• 29:20
  Speaker 7: may be higher.
• 29:22
  Speaker 6: Right, So those are just things to consider.
• 29:25
  Speaker 8: Oh, absolutely everything you talked about I've already you know,
• 29:28
  Speaker 8: like I said, crossing my eyes. I mean, I'm sorry,
• 29:31
  Speaker 8: crossing my t do my eyes, you know, like I've
• 29:34
  Speaker 8: learned a lot from you, guys. I am a member
• 29:36
  Speaker 8: of e y L University. I did purchase your tax
• 29:39
  Speaker 8: uh tax three hundred tax sheet.
• 29:41
  Speaker 6: Oh yes, I have a book, guys.
• 29:44
  Speaker 4: Yeah, we're your cross tax deduction.
• 29:46
  Speaker 8: Yeah that book.
• 29:50
  Speaker 5: No I even know you had a book at a book.
• 29:57
  Speaker 8: The website. You visit the website. You got to scroll
• 29:59
  Speaker 8: down to bottom a little bit.
• 30:01
  Speaker 5: Right there, Aaron, Aaron, appreciate.
• 30:04
  Speaker 8: You right there. Definitely good. I am you know what
• 30:12
  Speaker 8: I mean.
• 30:13
  Speaker 2: Appreciate you, Appreciate you.
• 30:15
  Speaker 5: Appreciate you.
• 30:15
  Speaker 6: Brother.
• 30:16
  Speaker 2: We got we got some more. We got more surprises coming.
• 30:18
  Speaker 5: So we always got to respect. We gotta respect the godline.
• 30:21
  Speaker 2: We have this, this is a guideline.
• 30:23
  Speaker 5: So we have to.
• 30:26
  Speaker 2: Shout out, shout to.
• 30:29
  Speaker 5: Thank you. Don't do that.
• 30:35
  Speaker 2: Don't do that, Aaron. We don't want to you know
• 30:36
  Speaker 2: what I mean. Please please, please, please, in case, just
• 30:39
  Speaker 2: in case, we love you. We love you.
• 30:41
  Speaker 3: Shout out to all the earnest respectfully.
• 30:44
  Speaker 2: You want to take one more, Let's take one more.
• 30:46
  Speaker 2: Let's say one more.
• 30:47
  Speaker 7: Somebody said in the commonness, business is also hoarded all
• 30:50
  Speaker 7: her videos.
• 30:50
  Speaker 6: What videos?
• 30:51
  Speaker 2: What you guys are talking about? Boss?
• 30:54
  Speaker 5: What's going on?
• 30:55
  Speaker 2: You've been unmuted on yourself. Oh you know the rules too.
• 31:01
  Speaker 2: That's my guys going off.
• 31:10
  Speaker 4: A couple of weeks ago.
• 31:14
  Speaker 5: Can can't hear you?
• 31:16
  Speaker 9: Bro?
• 31:16
  Speaker 2: You got you got you gotta put the newspaper down
• 31:18
  Speaker 2: for a second.
• 31:20
  Speaker 6: I'm taking notes.
• 31:21
  Speaker 4: You guys.
• 31:21
  Speaker 5: Talk you guys, hear me? Yeah, I got you. Now
• 31:24
  Speaker 5: he's moving, he's moving boxes, Christmas Black Friday, moving the turkey.
• 31:30
  Speaker 5: Got that PS five, Got the PS five.
• 31:34
  Speaker 10: I'd rather put put the money in and the sony
• 31:36
  Speaker 10: stock and get into PS five.
• 31:38
  Speaker 5: So talk.
• 31:40
  Speaker 2: I love it.
• 31:40
  Speaker 5: Respect that, I respect that.
• 31:42
  Speaker 4: Well.
• 31:42
  Speaker 10: My question is I'm a little confused about the six
• 31:45
  Speaker 10: thousand pounds, Like I'm interested in getting the car under
• 31:49
  Speaker 10: the ll c UH, particularly something like a rap for
• 31:52
  Speaker 10: something sues like. Can I explain more about that?
• 31:56
  Speaker 6: So rap board definitely.
• 31:58
  Speaker 7: So rain drovers in g wagons are pretty heavy and
• 32:02
  Speaker 7: way bigger than WRAP four, So I can imagine that
• 32:05
  Speaker 7: a rap four is not anywhere near six thousand pounds.
• 32:10
  Speaker 7: So in your case, if you decided to outright by
• 32:14
  Speaker 7: the vehicle or finance the vehicle, pretty much that will
• 32:17
  Speaker 7: sit as an asset of your business. So what will
• 32:20
  Speaker 7: happen is the first year you'll be able to duck
• 32:22
  Speaker 7: eighteen thousand dollars, and then the second year you can
• 32:26
  Speaker 7: deduct sixteen thousand. The year after that you can deduct
• 32:29
  Speaker 7: nine thousand, six hundred, and then it goes on and
• 32:31
  Speaker 7: on right until you fully exhaust on the value of
• 32:35
  Speaker 7: your of your of the wrap four. So the six
• 32:40
  Speaker 7: thousand pounds is it's for larger vehicles, right, very heavy
• 32:44
  Speaker 7: vehicles over six thousand. As Rashad said, range rovers kind
• 32:48
  Speaker 7: of come in right under right, same thing with my
• 32:50
  Speaker 7: g wagon. It comes right under that six thousand pounds,
• 32:54
  Speaker 7: which means that we don't qualify to deduct one hundred
• 32:57
  Speaker 7: percent of the vehicle.
• 32:58
  Speaker 4: We have to go.
• 33:00
  Speaker 7: I be the appreciation kind of like tears that I
• 33:04
  Speaker 7: just mentioned.
• 33:05
  Speaker 6: To you just now, Okay, I gotcha.
• 33:08
  Speaker 5: Appreciate you, Thank you, happy, thanks for giving everybody.
• 33:11
  Speaker 3: But hey, boss, I want to just give you a
• 33:13
  Speaker 3: huge shout out man, and a big things to you.
• 33:15
  Speaker 2: You are one of those those top earners that we
• 33:17
  Speaker 2: always talk about.
• 33:18
  Speaker 5: Man.
• 33:18
  Speaker 3: Every time we put something out, you always repost it,
• 33:20
  Speaker 3: and so we make sure that we repost you, so
• 33:22
  Speaker 3: we are thankful for you and your your family. Man
• 33:24
  Speaker 3: be safe out there, brother.
• 33:26
  Speaker 10: All right, thank you. That was thank you for coming
• 33:29
  Speaker 10: after the Dykeman this weekend. I wish I was back
• 33:31
  Speaker 10: home to meet you guys in person, but I keep up.
• 33:34
  Speaker 5: The great shout shout out to the good folks who
• 33:38
  Speaker 5: was actually up to God to give away a TV
• 33:40
  Speaker 5: and then they got the Disneyland trip and they got
• 33:43
  Speaker 5: the what else did they get? I pad iPad? So
• 33:46
  Speaker 5: we gave the winners. We gave the winners today. So
• 33:48
  Speaker 5: shout out to all the good folks. A dykeman, appreciate y'all.
• 33:51
  Speaker 5: Uh miss business. I got a question about this p
• 33:55
  Speaker 5: PP situation. Yeah, that's a pandemic within itself in Atlanta.
• 34:02
  Speaker 5: They're coming in Atlanta, they running around. So this PPP
• 34:10
  Speaker 5: situation was good to a lot of us. So what's
• 34:14
  Speaker 5: what's the deal with this repayment situation?
• 34:16
  Speaker 6: Okay, So now.
• 34:18
  Speaker 7: In regards to PPP, it now has come the time
• 34:21
  Speaker 7: everyone has gotten their money. Well, we're waiting to kind
• 34:24
  Speaker 7: of see if there will be a second PPP that
• 34:27
  Speaker 7: will come out in the Democratic bill. Before Trump came
• 34:31
  Speaker 7: out and was like I'm not talking about any of
• 34:33
  Speaker 7: this until the election is over. There was talk about
• 34:37
  Speaker 7: whomever received the PPP to receive a second PPP, so
• 34:42
  Speaker 7: we'll have to kind of stay tuned and see what
• 34:44
  Speaker 7: they decide to do. Congress is going on recess, so honestly,
• 34:48
  Speaker 7: you probably won't hear anything about a second PPP or
• 34:52
  Speaker 7: a stimulus check until the new year. Now, in regards
• 34:56
  Speaker 7: to PPPs that anyone have received, now, well not right now,
• 35:02
  Speaker 7: but no, right now.
• 35:03
  Speaker 6: We're starting to apply for forgiveness. Right, So, you either
• 35:08
  Speaker 6: had an.
• 35:09
  Speaker 7: Eight week period or twenty four week period to pretty
• 35:12
  Speaker 7: much pretty much exhaust all of your PPP funds, right.
• 35:19
  Speaker 6: They went back and forth.
• 35:21
  Speaker 7: First, it started out with seventy five percent had to
• 35:23
  Speaker 7: be allocated to payroll costs. Then they reduced it down
• 35:26
  Speaker 7: to sixty percent, and then said the rest can be
• 35:30
  Speaker 7: made up in either mortgage interest payments, rent utilities. But
• 35:36
  Speaker 7: for those of you that received a PPP that's less
• 35:40
  Speaker 7: than fifty thousand, it pretty much is going to automatically
• 35:44
  Speaker 7: be forgiven. So there's two things that you have to
• 35:46
  Speaker 7: be mindful of. One when your accountant is doing your taxes.
• 35:52
  Speaker 4: The other good thing about.
• 35:53
  Speaker 7: PPP is they said if it was less than fifty thousand,
• 35:56
  Speaker 7: keep it.
• 35:57
  Speaker 6: You don't have to report it as income. It pretty
• 36:00
  Speaker 6: much washes right.
• 36:01
  Speaker 7: However, your taxes have to be correctly done, right because
• 36:05
  Speaker 7: you don't want to.
• 36:06
  Speaker 6: Include this income.
• 36:07
  Speaker 7: You have to make sure that your expenses are correctly
• 36:09
  Speaker 7: offsetting that correctly offset in that income, so that at
• 36:14
  Speaker 7: the end of the year it is you're not pretty
• 36:17
  Speaker 7: much paying taxes on that money. Right, So that was
• 36:19
  Speaker 7: another beautiful thing. Another thing is you still do have
• 36:23
  Speaker 7: to apply for forgiveness. So that is something that my company,
• 36:28
  Speaker 7: Brooks Alliance. That's what we're in the process of doing,
• 36:31
  Speaker 7: kind of getting all of our clients that we know
• 36:33
  Speaker 7: got PPP and we are going to start submitting those
• 36:37
  Speaker 7: applications to make sure one that don't have to pay
• 36:41
  Speaker 7: it back. But then two that you know when tax
• 36:45
  Speaker 7: time comes, you're not being taxed.
• 36:47
  Speaker 6: On that.
• 36:49
  Speaker 5: There big Eyo University is nothing like it. It's nothing
• 36:54
  Speaker 5: like you on the market. And then Professor Brookes, I
• 36:56
  Speaker 5: believe that you're going to be a tenured professor for us,
• 36:59
  Speaker 5: right of course. So what we're going to through with
• 37:02
  Speaker 5: ey University in twenty twenty one, we're making a lot
• 37:04
  Speaker 5: of improvements. We're going to have how many eight right now?
• 37:08
  Speaker 5: We're going to have eight what we call tenured professors
• 37:10
  Speaker 5: where once a quarter they're going to teach a class.
• 37:13
  Speaker 5: So Miss Business is one of the professors that's going
• 37:15
  Speaker 5: to teach a class once a quarter. So's it's not
• 37:19
  Speaker 5: like just the one off.
• 37:20
  Speaker 2: You already got some names. We got some names.
• 37:21
  Speaker 5: Oh, we got some big names. It's a real university. No,
• 37:24
  Speaker 5: it's a real school now, big town, it's a real
• 37:26
  Speaker 5: school town. We had orientation.
• 37:27
  Speaker 2: Really is the Jenet Janet? That orientation was crazy. She
• 37:30
  Speaker 2: ain't here right now.
• 37:30
  Speaker 5: Shout out to Jennet. Miss Business is the best in
• 37:32
  Speaker 5: the game. Man, what's your what's your book? What's your book? Information?
• 37:36
  Speaker 5: I didn't even know you had a book.
• 37:37
  Speaker 7: So my book is three hundred plus tax deductions.
• 37:41
  Speaker 6: So I pretty much set that.
• 37:43
  Speaker 7: I actually released it last year and it's pretty It
• 37:47
  Speaker 7: pretty much just lists out all of these tax deductions.
• 37:49
  Speaker 7: Because the number one question I always get from people
• 37:53
  Speaker 7: is what can I write off? What can I write off?
• 37:56
  Speaker 6: Right? So what I did.
• 37:58
  Speaker 7: Was I sat down and I compiled over three hundred deductions.
• 38:04
  Speaker 7: I've seen some people in the comment asking where can
• 38:06
  Speaker 7: they get the book. My website is missed, so ms
• 38:10
  Speaker 7: business one zero one dot com and the book should
• 38:14
  Speaker 7: be right there on the homepage. You should see like
• 38:16
  Speaker 7: a new books link. But it's it's it's it's good,
• 38:20
  Speaker 7: because that's the number one question I always get, like
• 38:22
  Speaker 7: what can.
• 38:22
  Speaker 6: I write off?
• 38:23
  Speaker 7: And like you can write off everything with the right
• 38:26
  Speaker 7: with the right process in place.
• 38:28
  Speaker 5: Ray, So you're gonna you're going to see a lot.
• 38:31
  Speaker 5: You're going to see a lot of miss business and alsia. Rightfully,
• 38:35
  Speaker 5: twenty one big things, big things, big things are going.
• 38:39
  Speaker 6: It's coming.
• 38:40
  Speaker 2: Oh that was as paths. Wow, you're.
• 38:45
  Speaker 5: One. Go on, you're done. No, you're done.
• 38:48
  Speaker 2: No, my parents would be seeing on the floor right now.
• 38:52
  Speaker 5: Shout out to the Jamaican masses out there. Man, they
• 38:55
  Speaker 5: adopted me. Man, you know I'm halfway into culture. I
• 38:59
  Speaker 5: just ate something making food today.
• 39:00
  Speaker 2: Don't we go start two nineteens in white planes? BX,
• 39:04
  Speaker 2: what up?
• 39:05
  Speaker 5: Bronx? Man, dangerous grounds out there.
• 39:07
  Speaker 3: That it got spicy in there for a second. To
• 39:09
  Speaker 3: get out of there, I said, Yo, let me get
• 39:10
  Speaker 3: my drug sluts to go.
• 39:11
  Speaker 2: I'll be back.
• 39:14
  Speaker 5: It's a little dangerous out there. Shout out to the
• 39:17
  Speaker 5: bronx man. That's our birthplace, both.
• 39:19
  Speaker 2: Of Yeah, yeah man, shout out the sound of you.
• 39:21
  Speaker 2: He was going up in gun Hill.
• 39:23
  Speaker 5: Yeah, Gun Hill. Shout out to gun Hill Man. That's
• 39:25
  Speaker 5: where it all started for me, Miss Business. It's been
• 39:28
  Speaker 5: a pleasure. Thank you for coming in the last minute
• 39:31
  Speaker 5: being a pitch hitter for us. We greatly appreciate it.
• 39:34
  Speaker 5: How can the people contact you? What's your what's your
• 39:37
  Speaker 5: social media handles and all that.
• 39:39
  Speaker 7: So my social media handle across all platforms Instagram, Facebook
• 39:44
  Speaker 7: is Miss Business one on one, So you guys can
• 39:48
  Speaker 7: email me on my on my pages, my consultations. So
• 39:53
  Speaker 7: if you guys, I've seen a couple of people asking
• 39:55
  Speaker 7: if I'm accepting new clients. I am accepting new clients.
• 39:58
  Speaker 7: So make sure you guys schedule your consultation. Make sure
• 40:01
  Speaker 7: you guys get my book because I know that you
• 40:03
  Speaker 7: all want to know about all the things that you
• 40:05
  Speaker 7: can write off. So that is in there. Yeah, you
• 40:09
  Speaker 7: need to slide in my DM. I just hire somebody
• 40:12
  Speaker 7: to help me into my DM. I like that, Like
• 40:16
  Speaker 7: that's like, don't DM me.
• 40:18
  Speaker 6: I'm like, no, DM me.
• 40:19
  Speaker 7: So you know, however, you guys need to get in contact.
• 40:21
  Speaker 2: With me, I got an automated message, but I got
• 40:26
  Speaker 2: an automated message.
• 40:27
  Speaker 5: That's Miss Business. Thank you. Like I said, I clearly appreciate.
• 40:31
  Speaker 5: That was a lot of that was a lot of gems.
• 40:33
  Speaker 5: And this is, like I said, this is not a
• 40:34
  Speaker 5: usual Eyo University class. This is an all star. This
• 40:37
  Speaker 5: is an all star pre we had to we had
• 40:39
  Speaker 5: to push some things together at the last minute. So
• 40:43
  Speaker 5: we're going to bring one person on for a couple
• 40:45
  Speaker 5: of minutes. So Miss Business, thank.
• 40:47
  Speaker 6: You, no problem, Thank you so much for having me.
• 40:51
  Speaker 2: Oh, I always love, always love, thank you.
• 40:54
  Speaker 6: I want to continue to.
• 40:55
  Speaker 3: Watch to see what we got here. I'm gonna just
• 41:01
  Speaker 3: put you right here to an attendee and he's still
• 41:06
  Speaker 3: in there.
• 41:07
  Speaker 5: Yeah, let's get let's get my boy on real quick.
• 41:11
  Speaker 5: We always try to over deliver at Ernalisha, we try
• 41:14
  Speaker 5: to over deliver. We we want to give you more
• 41:18
  Speaker 5: than what we promised you.
• 41:21
  Speaker 2: Let's see.
• 41:23
  Speaker 11: Yeah there he goes, oh there, yeah, he just gotta
• 41:32
  Speaker 11: turn this camera on.
• 41:34
  Speaker 5: Turn your camera and your mic on. Bro.
• 41:37
  Speaker 2: They might be familiar with this guy.
• 41:38
  Speaker 4: Hey, what's up man, what's going on?
• 41:41
  Speaker 6: Ah?
• 41:42
  Speaker 2: My god?
• 41:42
  Speaker 5: What's good? Market Monday legend himself Quentin Martin. What's up, brother, I.
• 41:47
  Speaker 4: Can't call it. I'm getting ready to get these plates
• 41:49
  Speaker 4: on tomorrow.
• 41:51
  Speaker 2: Committee of course.
• 41:53
  Speaker 4: Yeah, anybody that tries the area, if you got placed,
• 41:55
  Speaker 4: I got a little foil.
• 41:57
  Speaker 12: I do drive by visits as a fact. I'll come through.
• 42:00
  Speaker 12: I got to bring my own hands. Don't worry about
• 42:02
  Speaker 12: nothing else. I got you.
• 42:04
  Speaker 3: You know you came doing We did your episode on
• 42:07
  Speaker 3: East the last year. You left with a pan, Yes, sir, Yeah,
• 42:11
  Speaker 3: we had we.
• 42:11
  Speaker 4: Had the same fact.
• 42:14
  Speaker 12: Yeah, I do that. Don't worry about you know, I
• 42:18
  Speaker 12: got utensils all that. Don't worry about. That's a fact.
• 42:21
  Speaker 5: So you know we it's crazy because U University today.
• 42:23
  Speaker 5: We promised Wall Street trapper, but he had some last
• 42:27
  Speaker 5: minute issues. So he's here now. But it took him
• 42:29
  Speaker 5: a while. So we had to put some things together.
• 42:32
  Speaker 5: But it's a good thing that were highly connected and
• 42:35
  Speaker 5: we put this together on the fly in the you
• 42:38
  Speaker 5: don't know who I know. So so we just had
• 42:43
  Speaker 5: miss business. All right, guys. So a lot of people
• 42:52
  Speaker 5: asks us how do they make a podcast? So I'm
• 42:54
  Speaker 5: letting on a secret on the easiest, most productive way
• 42:59
  Speaker 5: to start and get it up and running, and that
• 43:02
  Speaker 5: is The app called Anchor is free. They have all
• 43:05
  Speaker 5: kinds of cool creation tools that allow you to record
• 43:07
  Speaker 5: and edit your podcast right from your phone or computer.
• 43:10
  Speaker 5: They will distribute your podcast for you to all of
• 43:13
  Speaker 5: the major outlets including Spotify, Apple, Google, and many more,
• 43:16
  Speaker 5: and you can make money from your podcast with no
• 43:19
  Speaker 5: minimum listenership. It's everything you need to make a podcast
• 43:22
  Speaker 5: in one simple, easy place. So if you're interested in
• 43:26
  Speaker 5: starting a podcast, go download the free Anchor app or
• 43:30
  Speaker 5: go to anchor dot fm to get started. Let's do it.
• 43:38
  Speaker 5: And now we're about to HAVEQ. Like I said, if
• 43:39
  Speaker 5: you watch Market Monday's generally no Q. And if you
• 43:42
  Speaker 5: watch earnier Leidia episode fifteen, the first person ever to
• 43:44
  Speaker 5: talk about stocks was Q. So you just got a
• 43:47
  Speaker 5: couple of investment questions for you, brother. You want to
• 43:51
  Speaker 5: start it off the IPO situation.
• 43:52
  Speaker 2: Yeah, Well, first I want to give an announcement, man,
• 43:54
  Speaker 2: because we.
• 43:54
  Speaker 5: Oh yeahah, let's talk about that. Let's talk about that,
• 43:56
  Speaker 5: Let's talk about that. So as we said, Eyo University,
• 43:59
  Speaker 5: I wanted to change is that we're making for this
• 44:01
  Speaker 5: coming years that we have a professor series and where
• 44:04
  Speaker 5: they teach four times a year. Miss Businesses is part
• 44:07
  Speaker 5: of the Professor series, and you know we had to
• 44:10
  Speaker 5: add investment part of it. Of course we got market Mondays,
• 44:13
  Speaker 5: but we had to add an investment part of it
• 44:14
  Speaker 5: where it's like people can ask questions and stuff like that.
• 44:17
  Speaker 5: So what better person than the homie then the home team,
• 44:21
  Speaker 5: hometown hero. So Quainton, you will be part of the
• 44:25
  Speaker 5: EYL Professors for twenty twenty one.
• 44:27
  Speaker 4: I'm here, sir, Yes, sir, looking forward to it. Man,
• 44:30
  Speaker 4: it's honoring a pleasure.
• 44:33
  Speaker 5: Gets better and better, man, gets better and better.
• 44:36
  Speaker 2: I told you we got some things, man, I told
• 44:37
  Speaker 2: you we're coming with some names. Man.
• 44:39
  Speaker 3: But one of the things, and a lot of people
• 44:41
  Speaker 3: ask us about it, is the IPO game.
• 44:43
  Speaker 2: And we know there's some big hitters coming.
• 44:46
  Speaker 3: We know Door dashes on this way, we know Rodblus
• 44:48
  Speaker 3: is on this way, we know Airbnb's on his way.
• 44:50
  Speaker 3: And one of that I'm looking at to a firm,
• 44:53
  Speaker 3: what do we make of it when we're talking about IPOs?
• 44:56
  Speaker 2: How do we invest? When is it a good time
• 44:58
  Speaker 2: to invest? What do we make of the ip Yeah?
• 45:01
  Speaker 12: I like to play it a lot safer than most
• 45:02
  Speaker 12: people because you have the secondary market, right, So the
• 45:06
  Speaker 12: primary market. When it goes through the underwriting and the
• 45:08
  Speaker 12: companies that they're hands on the shares, there's a whole
• 45:11
  Speaker 12: bunch of jockeying and a lot of stuff that the
• 45:13
  Speaker 12: average retail investor doesn't know. Right, So you see these
• 45:16
  Speaker 12: A good example would be Snowflake, Right, you see Snowflake
• 45:19
  Speaker 12: one hundred and twenty dollars. Ipo comes to the market
• 45:22
  Speaker 12: at two forty, runs to three, and the retreats back
• 45:25
  Speaker 12: down to two twenty three, And so I like to
• 45:29
  Speaker 12: at least wait a little bit for the company to
• 45:31
  Speaker 12: prove they're profitable. So give it a couple of quarters,
• 45:33
  Speaker 12: even if I'm missing out on certain growth, Because as
• 45:36
  Speaker 12: a retail investor, your risk is a lot higher than
• 45:38
  Speaker 12: the institution or somebody has money. So I always lend
• 45:41
  Speaker 12: on opportunity costs. This doesn't mean like you shouldn't buy it,
• 45:44
  Speaker 12: But what it means is like I use example all
• 45:46
  Speaker 12: the time. If you go to a vending machine and
• 45:49
  Speaker 12: something costs a dollar and you're hungry, you're like, it's
• 45:51
  Speaker 12: only a dollar. If I don't like it whenever, I'll
• 45:54
  Speaker 12: throw it out right. But if that same item costs
• 45:56
  Speaker 12: ten dollars, You're like, I don't know off on buy
• 46:00
  Speaker 12: that because that's ten that never really had that you
• 46:02
  Speaker 12: start kind of having different feelings about making that purchase.
• 46:06
  Speaker 6: Now.
• 46:06
  Speaker 12: I think where it gets shaky with IPOs is just
• 46:09
  Speaker 12: that Now, if you have a million dollar portfolio and
• 46:11
  Speaker 12: you can sit on shares and you have a lot
• 46:13
  Speaker 12: of time, that's different. But if you're taking a decent
• 46:17
  Speaker 12: portion of your capital and throwing it into an IPO,
• 46:22
  Speaker 12: then you're in for a roller coast surrounding because you
• 46:24
  Speaker 12: have no control at that juncture. Institutions have control, and
• 46:28
  Speaker 12: so the underwriters right, they have a certain time perio
• 46:31
  Speaker 12: where they can sell, and the people involved in the company.
• 46:34
  Speaker 12: So there's an emotional way when you first get in right,
• 46:37
  Speaker 12: because what if it goes the other way? There's no
• 46:40
  Speaker 12: secedary market to hold it up right, So there's no
• 46:42
  Speaker 12: like options and prefers and a whole bunch of other
• 46:44
  Speaker 12: stuff that set up trap doors for value. So like
• 46:47
  Speaker 12: when you see like Apple and certain companies, there's almost
• 46:49
  Speaker 12: like trap doors where like, okay, if Apple reverse back
• 46:52
  Speaker 12: to like one ten, there are people with like options
• 46:54
  Speaker 12: and prefers and a whole bunch of other things, and
• 46:56
  Speaker 12: companies and limit orders that keep that stock propped up
• 46:59
  Speaker 12: and it's not going to retreat too far back. When
• 47:01
  Speaker 12: that IPO comes out, it's gonna come up right. And
• 47:04
  Speaker 12: then what's holding it up right? Usually information or ideas.
• 47:08
  Speaker 12: But once you let somebody in your house, I call
• 47:10
  Speaker 12: IPOs MTV cribs. You used to judge artists, though, because
• 47:17
  Speaker 12: there'll be artists. If you thought I had mad money
• 47:19
  Speaker 12: the way he was talking greasy on BT, that's your
• 47:27
  Speaker 12: that's where you live at. And so you open the
• 47:29
  Speaker 12: door to your house and you let everybody in, they're
• 47:32
  Speaker 12: gonna find there's dust in the bathroom, there's a piece
• 47:35
  Speaker 12: of lint on the floor. So I like to give
• 47:38
  Speaker 12: I POS a little bit of time, a quarter or two,
• 47:41
  Speaker 12: even a little longer before I'm fully investor. I want
• 47:43
  Speaker 12: to take a lot of my capital and jump in there,
• 47:46
  Speaker 12: just because you have no control, and I don't. I
• 47:48
  Speaker 12: don't like as an investor, right there's ownership and there's control.
• 47:51
  Speaker 12: I don't want to own something that I have no
• 47:53
  Speaker 12: control over to a certain extent, certain extent, So for me,
• 47:56
  Speaker 12: I play it kind of off unless I have capital
• 47:59
  Speaker 12: that I don't care about. Now, if you have five
• 48:00
  Speaker 12: or ten reaction, you don't care about are you gonna
• 48:02
  Speaker 12: let it ride?
• 48:03
  Speaker 4: Let it ride.
• 48:04
  Speaker 12: But this is not an investment that you're gonna have
• 48:05
  Speaker 12: any controller when it comes out. So the airbnbs are
• 48:08
  Speaker 12: coming right the door dashes. All it takes is one
• 48:11
  Speaker 12: bad quarter for that thing to go out of the way.
• 48:13
  Speaker 5: And then let me ask you a question, because I
• 48:15
  Speaker 5: find you say that. So the four major I pos
• 48:18
  Speaker 5: that's coming out before the end of the year, door
• 48:20
  Speaker 5: dash roadblocks. For people that don't know what Robucks is,
• 48:23
  Speaker 5: that's a huge game.
• 48:24
  Speaker 3: If you're a parent, you better know what that is.
• 48:26
  Speaker 3: But you're getting charged to ninety nine a month, if
• 48:28
  Speaker 3: not ninety nine a month.
• 48:29
  Speaker 5: Wish an airbnb. Airbnb is interesting because a lot of
• 48:32
  Speaker 5: people wrote them off, but they rallied back extremely strong
• 48:35
  Speaker 5: during COVID. What I know, you're not a fan of
• 48:37
  Speaker 5: investing in IPOs as soon as they come out, But
• 48:39
  Speaker 5: if you had to just say, okay, one is probably
• 48:42
  Speaker 5: the leader in that race, like what's your what's your
• 48:44
  Speaker 5: favorite out of those four?
• 48:46
  Speaker 12: I think Airbnb and probably rollers are somewhere one a
• 48:51
  Speaker 12: one B. Airbnb is kind of revolutionizing in the space
• 48:55
  Speaker 12: that we look at as far as travel and part
• 48:57
  Speaker 12: of leisure and then robots like again with kids and
• 49:00
  Speaker 12: games and whatnot. Right, Like, I see a common out
• 49:03
  Speaker 12: door dash. Door dash is cool, but there's a lot
• 49:05
  Speaker 12: of competition nest space, so I want to look where
• 49:10
  Speaker 12: like I don't want the Rocky theory, but with with
• 49:12
  Speaker 12: with with Airbnb, you get the kind of rocky theory
• 49:16
  Speaker 12: with all the big hotels, right, the big hotels on
• 49:18
  Speaker 12: the rope right now, Like it's like when Rocky Ford
• 49:20
  Speaker 12: Drago and you finally got them. This is their their
• 49:22
  Speaker 12: big hotels and all this leads all this money they're
• 49:24
  Speaker 12: missing out. They're on the ropes. So the right timing
• 49:28
  Speaker 12: mixed with the right amount of spend could actually help them, right,
• 49:32
  Speaker 12: And so you look at like the Mariotta Hiltons of
• 49:36
  Speaker 12: the world, and you look at like what we're doing
• 49:38
  Speaker 12: now as far as if the timing is right, it's
• 49:41
  Speaker 12: gonna look like they're a lot better than maybe what
• 49:45
  Speaker 12: they are.
• 49:46
  Speaker 3: Right.
• 49:46
  Speaker 12: So, if the time is right, if we're able to
• 49:48
  Speaker 12: get you get the IPO around like that summertime where
• 49:51
  Speaker 12: like everybody's going to vacation.
• 49:52
  Speaker 5: We've gotten the.
• 49:52
  Speaker 4: Vaccine, still less check hits that momentum to.
• 49:55
  Speaker 12: Carry them right, like that's that's the moments that could
• 49:58
  Speaker 12: carry them.
• 49:59
  Speaker 4: So I like their story.
• 50:01
  Speaker 12: I think like door Das should get a lot of
• 50:02
  Speaker 12: competition in that space with a lot of other companies,
• 50:05
  Speaker 12: and there are more people coming, right, you know what.
• 50:08
  Speaker 3: The thing about Rodblucks is interesting. If somebody's asking, like,
• 50:11
  Speaker 3: what's Roadblucks. It's a computer gaming for kids. They have
• 50:14
  Speaker 3: the same kind of strategy that YouTube has their young
• 50:16
  Speaker 3: Their audience will always get younger, right, So like when
• 50:19
  Speaker 3: people like yo, YouTube will say right, yeah, because the
• 50:21
  Speaker 3: audience always gets younger. The only thing that concerns me
• 50:25
  Speaker 3: about Rodblucks in this instance is that it's rise.
• 50:30
  Speaker 2: Right. This year is helped by people being home.
• 50:33
  Speaker 3: Right, kids are home, so they're playing more, and I
• 50:36
  Speaker 3: wonder if that will happen in the next year or
• 50:38
  Speaker 3: two right when kids are not home there.
• 50:40
  Speaker 12: But if you look at like kids and it's not
• 50:42
  Speaker 12: our childhood, your mom will say go outside at eight
• 50:45
  Speaker 12: in the morning, I don't want to see you until
• 50:46
  Speaker 12: night time. Right, it's being side regardless. Kids don't be outside.
• 50:51
  Speaker 12: Like I live in downtown, I will never see kids outside. Like,
• 50:54
  Speaker 12: that's not the same way your kids don't be outside
• 50:58
  Speaker 12: that you know, I mean, there's a whole bunch other
• 51:00
  Speaker 12: stuff that goes on, so that that's what doesn't worry
• 51:02
  Speaker 12: about that, because the trend of kids being inside the
• 51:05
  Speaker 12: house doesn't change. Whether it's COVID or not. You're inside
• 51:08
  Speaker 12: a little bit more. But for the most card kids
• 51:10
  Speaker 12: are running right to the game as soon as you can,
• 51:13
  Speaker 12: kidd iPad or iPhone.
• 51:14
  Speaker 4: The kid is locked in. That's it.
• 51:16
  Speaker 12: You're at dinner, your child's wild, and here's the phone.
• 51:18
  Speaker 12: He's locked in the YouTube. I know three year olds
• 51:20
  Speaker 12: and know how to work a phone like a grown
• 51:21
  Speaker 12: like an adult, and so that doesn't necessarily worry me
• 51:25
  Speaker 12: too much.
• 51:28
  Speaker 5: What all right, any any any other questions for our
• 51:31
  Speaker 5: steam professor?
• 51:33
  Speaker 2: Well, we got some hands, we got some hands. I've
• 51:35
  Speaker 2: never seen this name. All right, let's take this name. Cisco.
• 51:37
  Speaker 2: We come, uh Nadia, we're coming to you. Mute yourself.
• 51:44
  Speaker 2: You've been unmuted.
• 51:51
  Speaker 3: No not, oh YouTubers, this is what we call a
• 51:53
  Speaker 3: fridge break. Fridg breaks are not allowed here at Lisia University.
• 51:57
  Speaker 3: So we gotta come back to see my guy. I
• 52:00
  Speaker 3: haven't heard from them, man, Arthur, what's going on? Broute yourself?
• 52:04
  Speaker 3: You've been unmuted?
• 52:04
  Speaker 2: What's up, bro? Author you did?
• 52:11
  Speaker 5: Yep, he did?
• 52:12
  Speaker 2: He did?
• 52:16
  Speaker 4: Can you can you hear?
• 52:18
  Speaker 5: Oh?
• 52:18
  Speaker 2: Now we can hear you? Bro?
• 52:20
  Speaker 5: What's good?
• 52:21
  Speaker 4: Yo?
• 52:21
  Speaker 6: Yeah?
• 52:21
  Speaker 2: It was good?
• 52:22
  Speaker 4: Fellas's good man.
• 52:24
  Speaker 5: My guy top earn if what's going on? Brother?
• 52:27
  Speaker 2: Calling? Now?
• 52:28
  Speaker 13: I'm on the road, so so I might I might
• 52:30
  Speaker 13: break up a little bit. I just had a quick
• 52:31
  Speaker 13: question for you. I know he said he's not he's
• 52:34
  Speaker 13: not a big fan of investing in the I p
• 52:36
  Speaker 13: O s right now, but I just want to get.
• 52:38
  Speaker 4: His thoughts on the rise of the direct listing.
• 52:40
  Speaker 13: On his thoughts on the rise of company needs using
• 52:44
  Speaker 13: the direct listing as their route to go public versus
• 52:47
  Speaker 13: using the.
• 52:48
  Speaker 6: I p O.
• 52:50
  Speaker 12: I'm I'm a big hater of that, I think, and
• 52:52
  Speaker 12: me and Ian hold the same sentiment. I think the
• 52:55
  Speaker 12: I p O routes are best route to go for
• 52:57
  Speaker 12: companies because it gives you an idea and it gives
• 53:00
  Speaker 12: them an idea of what they're up against. The direct
• 53:03
  Speaker 12: listing is kind of like getting in a club through
• 53:04
  Speaker 12: the back door. So it's like, all right, you know
• 53:07
  Speaker 12: what I mean, I got on some boots. I can't
• 53:09
  Speaker 12: get in the front. I'm gonna go around the side.
• 53:10
  Speaker 12: And get on the side door. I don't like that
• 53:12
  Speaker 12: sets up a bad president for the company, and it
• 53:14
  Speaker 12: doesn't give the market much information on them. So the
• 53:17
  Speaker 12: institutions that you want to be involved in the name
• 53:20
  Speaker 12: aren't necessarily going to be involved in the name. And
• 53:22
  Speaker 12: so you know, to kind of dump the institutions to
• 53:26
  Speaker 12: go right to the retail. You're you're putting yourself at
• 53:28
  Speaker 12: a major race, and so like you need the institutional
• 53:31
  Speaker 12: money to prop you up, you need the institutional funds
• 53:34
  Speaker 12: to keep you to keep you afloat. You cannot like
• 53:36
  Speaker 12: depending on retail money. I'm not a big fan of it.
• 53:38
  Speaker 12: I know it's worked for some firms, but long term,
• 53:42
  Speaker 12: you know, like when you start seeing them trade differently
• 53:44
  Speaker 12: and when we get into a normal market flow, I
• 53:47
  Speaker 12: don't know how much growth is going to be there.
• 53:49
  Speaker 12: When you don't you don't go to the institutional route IPOs,
• 53:52
  Speaker 12: I think you kind of have to go the traditional route.
• 53:54
  Speaker 12: And that's why you see a lot of other companies.
• 53:56
  Speaker 12: They're waiting longer so they have better balance sheets. Like
• 53:59
  Speaker 12: Snowflake is the thing where like, all right, we're gonna
• 54:02
  Speaker 12: be a senior in college. Like back in the day,
• 54:04
  Speaker 12: you would go to the league after you went to
• 54:06
  Speaker 12: college four years. Now you're going to the league outside
• 54:09
  Speaker 12: of high school, right, And then the market has been reversed.
• 54:11
  Speaker 12: We had a lot of companies coming to the high
• 54:12
  Speaker 12: school doing the Kobe Bryant, Kevin Garnett, and they weren't ready.
• 54:16
  Speaker 12: And now a lot more companies got hit and they've
• 54:18
  Speaker 12: been basically getting their bounties better to come out I PO.
• 54:22
  Speaker 12: And that's why you're seeing these kind of mature companies
• 54:24
  Speaker 12: come to the market and they're trading better. So it
• 54:27
  Speaker 12: raises my antenna when you don't go the regular route, Like,
• 54:30
  Speaker 12: what's wrong with you?
• 54:31
  Speaker 4: You know what I'm saying?
• 54:34
  Speaker 5: Yeah, you appreciate appreciate that question, Arthur Man.
• 54:37
  Speaker 3: Every time you come on, they give you a new name,
• 54:39
  Speaker 3: but they're not saying that you're the Vale Victorian author.
• 54:42
  Speaker 5: Arthur. How's your what's what's your what's your take on
• 54:44
  Speaker 5: Eyo University?
• 54:46
  Speaker 4: Oh?
• 54:46
  Speaker 13: Come on, you already know, fellas, Eyo University is the
• 54:49
  Speaker 13: best thing popping out there educationally as far as I'm
• 54:52
  Speaker 13: concerned terms, and not just not just the wealth play,
• 54:55
  Speaker 13: but the community building, all of that, all of that
• 54:59
  Speaker 13: that's incorporated with it. I think is very very key man.
• 55:02
  Speaker 13: So you guys know I'm a big advocate. I always
• 55:05
  Speaker 13: press for not only for the adults, but for their
• 55:07
  Speaker 13: adults to make sure that they get their kids involved.
• 55:10
  Speaker 13: And then everything that you guys got attached to it,
• 55:12
  Speaker 13: whether it's MG's are on bias, course Wall Street trappers, things,
• 55:17
  Speaker 13: you know what I mean. Obviously y'all miss Business one
• 55:20
  Speaker 13: on one with her book on there. You guys always
• 55:22
  Speaker 13: got good product associated with what you guys bring on.
• 55:25
  Speaker 13: So not only EYLU, but everything that they vouch for
• 55:29
  Speaker 13: is a one. So I give everybody the thumbs up
• 55:32
  Speaker 13: and and and please go out and support appreciate.
• 55:35
  Speaker 5: Let me ask you a question because you used to
• 55:36
  Speaker 5: be a market maker. You're a very smart guy. You've
• 55:38
  Speaker 5: been in finance. Like what do you think the street
• 55:41
  Speaker 5: value for EYO University is?
• 55:42
  Speaker 8: Like?
• 55:42
  Speaker 5: What is what's the truth? What's the true price tag
• 55:45
  Speaker 5: on all the IVY League educated I know Ivy League
• 55:48
  Speaker 5: all the stuff that we offer. What do you think
• 55:49
  Speaker 5: the true value is compared to like Ivy League colleges
• 55:52
  Speaker 5: and stuff.
• 55:53
  Speaker 13: I mean, listen, I'll say I'll say like this, most
• 55:56
  Speaker 13: of those colleges, what you're essentially buying is reputation not necessarily,
• 56:02
  Speaker 13: there's not so much the information that you're gonna get.
• 56:04
  Speaker 13: What makes Harvard so official is the alumni that have graduated.
• 56:08
  Speaker 13: And now if you graduate from there, you just have
• 56:11
  Speaker 13: a reputation attached to your name. It doesn't necessarily mean
• 56:14
  Speaker 13: that you're the smarter guy, you know what I mean?
• 56:17
  Speaker 13: I think with eylu what you're gonna definitely get And
• 56:20
  Speaker 13: I think this is why I say it's not just
• 56:22
  Speaker 13: about college. This is this is something that high school,
• 56:25
  Speaker 13: middle school kids should have as well, because this is
• 56:27
  Speaker 13: real world applicable knowledge. It doesn't matter what your career is.
• 56:32
  Speaker 13: It doesn't matter whether you're gonna get a job, or
• 56:34
  Speaker 13: whether you're going to be an entrepreneur or whether you're
• 56:36
  Speaker 13: a professional athlete. The things that you're gonna learn here
• 56:39
  Speaker 13: are real well applicable from day one, whether it's just
• 56:43
  Speaker 13: learning how to save, whether it's developing the mentality that
• 56:46
  Speaker 13: you need to run a business, or the mentality that
• 56:49
  Speaker 13: you need to be a trader, or the mentality that
• 56:51
  Speaker 13: you need simply to pay your bills on time. Like
• 56:54
  Speaker 13: these are all of the things that you learn that
• 56:56
  Speaker 13: are day one applicable. There are a lot of people
• 56:58
  Speaker 13: who are graduated from Harvard who have graduated you know
• 57:02
  Speaker 13: what I mean, not just to say the Ivys, but
• 57:04
  Speaker 13: graduating from state schools. Because them shits ain't cheap either,
• 57:07
  Speaker 13: you know what I mean. And they don't have no,
• 57:09
  Speaker 13: no real right now, they struggling. They can't get a job,
• 57:12
  Speaker 13: you know what I mean, because they don't have a
• 57:14
  Speaker 13: real world applicable.
• 57:18
  Speaker 2: What's the word.
• 57:18
  Speaker 4: I'm looking for? Head skill, you know what I mean.
• 57:21
  Speaker 13: And so eylu Is like the Generational Wealth Trade School,
• 57:25
  Speaker 13: you know what I mean, Like you're gonna come out
• 57:27
  Speaker 13: of there, Like if you're an electrician, you know you're
• 57:28
  Speaker 13: gonna get the work. You come out of eyl you
• 57:30
  Speaker 13: you ready to get the work and apply it not
• 57:32
  Speaker 13: only for yourself but hopefully for your family and in
• 57:35
  Speaker 13: your community as well. So I would say, I would
• 57:37
  Speaker 13: say value wise like uh, you know, like eylu Is
• 57:41
  Speaker 13: like the core Vette of the supercars, you know what
• 57:43
  Speaker 13: I mean. Like you could go like you got you
• 57:45
  Speaker 13: got Ferraris and all of that, but you can go
• 57:47
  Speaker 13: with right now you can basically get you a nice
• 57:49
  Speaker 13: VAT for eighty grand, two hundred miles an hour and
• 57:53
  Speaker 13: blow most people out the water.
• 57:54
  Speaker 5: I'm going with y talk to on today, talk to yet.
• 57:59
  Speaker 5: I like that. Talk to him as always a pleasure,
• 58:01
  Speaker 5: my brother. I appreciate you, Quentin, Quentin, it's been a
• 58:06
  Speaker 5: pleasure man. Sorry that we couldn't do longer. But he
• 58:08
  Speaker 5: will be back. He will be back obviously on market Monday,
• 58:11
  Speaker 5: but also four times if you five times five, five
• 58:15
  Speaker 5: times a year, five times a year, he will be
• 58:18
  Speaker 5: a teaching a class for Eyo University. And that Black
• 58:22
  Speaker 5: Friday sale is running up. It's a Lowess's Gifts right now,
• 58:25
  Speaker 5: fifty percent off.
• 58:25
  Speaker 2: That's why I told you.
• 58:26
  Speaker 5: Just like a stock pricet, this is the correction, fifty
• 58:28
  Speaker 5: percent off right now. And after Black Friday that sale
• 58:31
  Speaker 5: goes away. Then also the price goes up to the
• 58:33
  Speaker 5: reason why the price goes up is that we just
• 58:34
  Speaker 5: added we got a full time employee. Now not so
• 58:38
  Speaker 5: much of that. We're just trying to be greedy, like
• 58:40
  Speaker 5: we're adding value to it. We gotta you know, we got.
• 58:42
  Speaker 2: I just had a dope calle too. We're gonna go
• 58:44
  Speaker 2: We're gonna add something that's so.
• 58:46
  Speaker 5: We got a lot. So the link is up there
• 58:47
  Speaker 5: if you're interested, code Eyo fifty and we're gonna give
• 58:50
  Speaker 5: out these cash apps. Let's Quinn, thank you, brother, appreciate it. So,
• 58:55
  Speaker 5: you know, one thing about the pandemic is that it's
• 58:58
  Speaker 5: been tough on a lot of people. Hey, Quinn, how
• 58:59
  Speaker 5: can they do they want? Do you want them to
• 59:01
  Speaker 5: follow you?
• 59:01
  Speaker 4: Yeah?
• 59:02
  Speaker 5: Okay? What's what's your Instagram?
• 59:05
  Speaker 12: Mister wall Street? I forget how I spell it? I've
• 59:08
  Speaker 12: made it so long ago. Are your privacy?
• 59:11
  Speaker 4: No?
• 59:12
  Speaker 2: Not that way?
• 59:13
  Speaker 12: Cast It was like building up too much, So I apologize. Yeah, mister,
• 59:19
  Speaker 12: I think.
• 59:19
  Speaker 5: I think it's mister like m I S T E.
• 59:22
  Speaker 12: R R Underscore wall Street. Those spaces mister wall Street
• 59:28
  Speaker 12: might played in the chat. Uh and you know what
• 59:31
  Speaker 12: I mean, follow me, I said, I'm always hearing me.
• 59:33
  Speaker 12: I'm here for the culture. We got questions I can
• 59:34
  Speaker 12: help out. I'm always here to answer questions and just
• 59:37
  Speaker 12: kind of be a staple and answer the conversation.
• 59:40
  Speaker 2: Oh shout out his business. You just put you your
• 59:41
  Speaker 2: journey there, all right.
• 59:44
  Speaker 5: Mister mister Underscore wall St not Street stall s T.
• 59:50
  Speaker 4: Appreciate you, brother, Love and a blessed Holliday everybody.
• 59:53
  Speaker 2: Man, absolutely, my brother.
• 59:55
  Speaker 5: Yeah, you know, it's been it's been a it's been
• 59:57
  Speaker 5: a tough year. For people were just a and Dykeman.
• 1:00:00
  Speaker 5: We gave ten thousand dollars TV trip to Disneyland, all
• 1:00:05
  Speaker 5: of that four hundred turkeys. But you know, we got
• 1:00:08
  Speaker 5: we got a community worldwide, so we figured, you know,
• 1:00:11
  Speaker 5: last minute thing. I hit Troy, I'm like, how you
• 1:00:12
  Speaker 5: feel about this? He's like, yeah, why not. We're gonna
• 1:00:15
  Speaker 5: do two thousand dollars. We're gonna do the first thousand
• 1:00:17
  Speaker 5: now and then we'll do the first thousand at the end.
• 1:00:19
  Speaker 5: Put it. We're gonna through five hundred to zoom, five
• 1:00:24
  Speaker 5: hundred to our YouTube. We're just gonna pick random people,
• 1:00:28
  Speaker 5: so please do not get upset if you don't get picked.
• 1:00:32
  Speaker 5: And then we're going to tell you when it's over,
• 1:00:33
  Speaker 5: so you can stop putting your cash aff in. I'm
• 1:00:35
  Speaker 5: just gonna take a few screenshots.
• 1:00:38
  Speaker 2: Yeah, I got, I got, I know what to put
• 1:00:40
  Speaker 2: on the job.
• 1:00:41
  Speaker 5: Can we get the zoom?
• 1:00:42
  Speaker 6: Yeah?
• 1:00:44
  Speaker 5: You know, hopefully this could this could you know, lighten
• 1:00:47
  Speaker 5: the burden a little bit over the holiday season. We
• 1:00:51
  Speaker 5: know it's a lot of people that you know, might
• 1:00:54
  Speaker 5: be struggling. It's hard times out there for all of
• 1:00:57
  Speaker 5: us right now, whether it's financially or whether it's just adically,
• 1:01:00
  Speaker 5: whether it's just mentally trying to cope. So anything that
• 1:01:03
  Speaker 5: we can do to try to lighten the burden a
• 1:01:05
  Speaker 5: little bit. You know, it's love and love man, your leash.
• 1:01:08
  Speaker 5: It's nothing like you're often often duplicated. That's a fact.
• 1:01:13
  Speaker 5: We talk about that later on Big Trap.
• 1:01:17
  Speaker 2: So so separately. You know, he is he there, Yeah,
• 1:01:20
  Speaker 2: he's he's a.
• 1:01:21
  Speaker 5: I need bro. You gotta cut your mic on your
• 1:01:24
  Speaker 5: in your camera.
• 1:01:24
  Speaker 2: On a big track, going live on the Trap, live
• 1:01:31
  Speaker 2: from the track.
• 1:01:32
  Speaker 5: Man, it's cool with you.
• 1:01:33
  Speaker 2: Man.
• 1:01:34
  Speaker 4: Listen, man, long day man. Listen. Man.
• 1:01:38
  Speaker 14: I it's been a lot man, catching planes, almost missing planes,
• 1:01:42
  Speaker 14: having to put my foot in the door to make
• 1:01:44
  Speaker 14: sure I get on the plane, all kind of stuff.
• 1:01:46
  Speaker 2: Man. Yeah, but it is what it is.
• 1:01:48
  Speaker 4: It's all love.
• 1:01:49
  Speaker 2: You feel me. I heard you.
• 1:01:51
  Speaker 3: I heard they they putting you in the running for
• 1:01:53
  Speaker 3: an oscar. Man, That's what I'm hearing out here.
• 1:01:55
  Speaker 4: Listen, Man, I felt like Denzel on training.
• 1:02:01
  Speaker 5: That's a fact. Man. It is all right, guys, you
• 1:02:03
  Speaker 5: can officially stop with the cash apps.
• 1:02:05
  Speaker 2: Yeah we got five.
• 1:02:06
  Speaker 5: We have five. We're gonna do it again at the end,
• 1:02:09
  Speaker 5: so you can.
• 1:02:10
  Speaker 2: Officially look at that. It slowed down.
• 1:02:12
  Speaker 5: You can officially, you can officially stop your cash apps.
• 1:02:16
  Speaker 5: We have five and then we go and do another five.
• 1:02:19
  Speaker 5: At the end, Catherine, I see you. I see what
• 1:02:21
  Speaker 5: you're saying. You gotta go to the seven. This episode
• 1:02:25
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  Speaker 5: Hey, yeah, so Wall Street trapped? How do you like
• 1:05:17
  Speaker 5: the pinch hitting that we put together the last the
• 1:05:20
  Speaker 5: ninth inning we put together ninth show, the last minute? Huh?
• 1:05:23
  Speaker 5: We didn't We didn't panic.
• 1:05:24
  Speaker 4: You don't know who?
• 1:05:25
  Speaker 5: I know? Fat's a fact, that's a fat man. Let's
• 1:05:31
  Speaker 5: trap Trapp. Trapp called me. Everybody knows I have high
• 1:05:35
  Speaker 5: levels of anxiety. And he called me like, yo, I'm
• 1:05:38
  Speaker 5: landing in half an hour and be late.
• 1:05:41
  Speaker 4: I don't know.
• 1:05:41
  Speaker 2: You should have just text me, bro.
• 1:05:44
  Speaker 5: I'm like, what you know?
• 1:05:47
  Speaker 14: I know he's the one thats gonna be tripping. Yeah,
• 1:05:49
  Speaker 14: he didn't gonna go through all kind of emotions.
• 1:05:51
  Speaker 2: Oh my god, he's like, yo, we got I was
• 1:05:54
  Speaker 2: sitting with him like, oh my gosh. I'm like, nah,
• 1:05:55
  Speaker 2: we good, We're good.
• 1:05:57
  Speaker 9: Oh man.
• 1:05:57
  Speaker 5: I had my sister trying to get my son a
• 1:05:59
  Speaker 5: PSI right now, and I had I had her waiting
• 1:06:03
  Speaker 5: on the computer at nine o'clock and it sold out
• 1:06:05
  Speaker 5: in ten seconds.
• 1:06:06
  Speaker 2: Oh yeah, we know that the you can't you can't
• 1:06:08
  Speaker 2: compute a b.
• 1:06:08
  Speaker 5: If anybody got PS five, hit me up.
• 1:06:11
  Speaker 2: What can you do? Retail? Retail?
• 1:06:13
  Speaker 5: Retail, retail, Please do not take advantage of me. I've
• 1:06:17
  Speaker 5: fed the culture for a long time. Sclaimer, don't abuse me.
• 1:06:21
  Speaker 5: That's to do disclaimer for a long time. And then
• 1:06:25
  Speaker 5: I need a this is this is a public service announcement.
• 1:06:28
  Speaker 5: I need a PS five for my son's birthday. If
• 1:06:30
  Speaker 5: anybody wants to be a good semary, I'm gonna pay
• 1:06:32
  Speaker 5: for it. I just want to pay retail price.
• 1:06:34
  Speaker 4: You needs to the city, and I don't put my
• 1:06:36
  Speaker 4: trap word down there.
• 1:06:37
  Speaker 5: Come on, come on, gosh, look out look out for me,
• 1:06:40
  Speaker 5: Come through for me. Please look out for me.
• 1:06:42
  Speaker 4: Man, say this right quick before we go.
• 1:06:46
  Speaker 14: Bro, we gotta let another two hundred people get the
• 1:06:48
  Speaker 14: seventy percent off, bro Number two.
• 1:06:52
  Speaker 4: Yeah, because because.
• 1:06:53
  Speaker 14: I was on a flight, I wasn't able to like
• 1:06:55
  Speaker 14: get people, and they like I couldn't get it, and
• 1:06:58
  Speaker 14: I'm like, all, so we gotta let another two hundred
• 1:07:04
  Speaker 14: people get the seventeen percent off. It's my fault, you
• 1:07:06
  Speaker 14: know what I'm saying. I wasn't able to, you know,
• 1:07:09
  Speaker 14: handle my business on my end, so we gotta let
• 1:07:12
  Speaker 14: another two hundred people get seven percent off.
• 1:07:16
  Speaker 5: Whatever whatever, trap whatever the boss says, Hey, Mike him right,
• 1:07:21
  Speaker 5: get the fly already.
• 1:07:25
  Speaker 14: I just gotta use you know, it's fast fail, man,
• 1:07:27
  Speaker 14: you know what I'm saying. I know it was something
• 1:07:30
  Speaker 14: I know that was gonna be it, man. And then
• 1:07:33
  Speaker 14: a couple of people who I know, like some of
• 1:07:35
  Speaker 14: my trapers got it. But I've been moving around so
• 1:07:38
  Speaker 14: much today and when my one of my HU tenants
• 1:07:41
  Speaker 14: was like, broh this thing I fought in two modules.
• 1:07:44
  Speaker 4: Nah, this is crazy. He was going through it. He
• 1:07:46
  Speaker 4: was like, nah, this he literally and you know I
• 1:07:48
  Speaker 4: told you all that. I was like, bro, this this
• 1:07:50
  Speaker 4: probably was like some of the.
• 1:07:51
  Speaker 14: Best work because you know, we went into it with
• 1:07:53
  Speaker 14: different a different type of motivation, a different type of intention.
• 1:07:56
  Speaker 4: You know what I'm saying.
• 1:07:57
  Speaker 14: We were into it like yo, like this would like bro,
• 1:08:00
  Speaker 14: the coach needs something different, you know what I'm saying,
• 1:08:03
  Speaker 14: The coaching and we the ones gott to give it.
• 1:08:05
  Speaker 1: And so.
• 1:08:06
  Speaker 14: Just doing that, man, I felt like so many people
• 1:08:09
  Speaker 14: was like trapped. Man, it was up with the two hundred,
• 1:08:11
  Speaker 14: and I know we hit the two hundred. I feel
• 1:08:12
  Speaker 14: like it wasn't felt because I let y'all people get
• 1:08:14
  Speaker 14: it and my people wasn't able to get it.
• 1:08:16
  Speaker 2: I told you, I tell you what come of these earners.
• 1:08:18
  Speaker 14: Man, They ain't playing with crazy that I wasn't able
• 1:08:22
  Speaker 14: to get them because you know, I like to do
• 1:08:24
  Speaker 14: hand in hand, So I like to send people to
• 1:08:27
  Speaker 14: my DM so I can like give it to you know,
• 1:08:29
  Speaker 14: I'm old.
• 1:08:29
  Speaker 4: I'm like, I'm like that man. You know what I'm saying.
• 1:08:31
  Speaker 4: I'm like that I need hand in hand.
• 1:08:33
  Speaker 1: I need I.
• 1:08:36
  Speaker 14: Need that me my feeling again, So it's my fault, man.
• 1:08:40
  Speaker 14: So we got to give another another two hundred people
• 1:08:42
  Speaker 14: access to that.
• 1:08:43
  Speaker 5: Bro all right, So there girls opened up another two hundred.
• 1:08:47
  Speaker 5: I was actually about to announce that it was sold out.
• 1:08:50
  Speaker 5: He's about to do you learn something everything, change the
• 1:08:57
  Speaker 5: script changes every second. I was about to say fifty
• 1:09:00
  Speaker 5: percent because of seventy five percent was going, but I
• 1:09:03
  Speaker 5: guess it's not going. So another two hundred first comfort,
• 1:09:07
  Speaker 5: change the.
• 1:09:08
  Speaker 4: Script, change the flyp you know what I mean.
• 1:09:14
  Speaker 5: To Night's full of to Night's full of surprises. You
• 1:09:17
  Speaker 5: never know, you never know what's gonna happen. All right, Well,
• 1:09:20
  Speaker 5: another two hundred people for the Blue Magic the Family Pack,
• 1:09:25
  Speaker 5: And that's Traps Production featuring us. And it's really like
• 1:09:30
  Speaker 5: a guide to generational wealth, how to make it a million.
• 1:09:33
  Speaker 5: And I always tell people it's not a stock it's
• 1:09:35
  Speaker 5: not a stock course. It's not it's to sit down,
• 1:09:38
  Speaker 5: hold your hand, walk you through it. Like this is
• 1:09:40
  Speaker 5: a revocable trust. This is how you open it. This
• 1:09:43
  Speaker 5: is precious metals. This is how you look at this.
• 1:09:45
  Speaker 5: This is how you evaluate mutual funds, how you evaluate
• 1:09:50
  Speaker 5: index funds, This is how you evaluate a life insurance.
• 1:09:52
  Speaker 5: Like it was cool for me because as an advisor,
• 1:09:54
  Speaker 5: I have access to stuff that other people don't have
• 1:09:56
  Speaker 5: access to. So it's like the first time I actually
• 1:09:59
  Speaker 5: got to sit down and like show people like this
• 1:10:01
  Speaker 5: is an illustration. This is how you properly do it.
• 1:10:04
  Speaker 5: You put more money in here, you do this, you
• 1:10:06
  Speaker 5: move this around, and it's like a manual. It's more
• 1:10:09
  Speaker 5: of a manual than anything. And it was just we
• 1:10:11
  Speaker 5: did the podcast. The podcast is legendary, but I realized
• 1:10:14
  Speaker 5: with these things, there's only so much information you can
• 1:10:16
  Speaker 5: put in the podcast. It's like it's impossible. We have
• 1:10:18
  Speaker 5: to do like ten podcasts and like sit down and
• 1:10:20
  Speaker 5: have a share screen. So that's what Blue Magic is.
• 1:10:24
  Speaker 5: The wealth the wealth pack, family pack and yeah out
• 1:10:28
  Speaker 5: and now what they got to do? Email, text you
• 1:10:31
  Speaker 5: or I mean, what's.
• 1:10:31
  Speaker 2: The word tonight? What they putting? What they're putting in
• 1:10:33
  Speaker 2: your DM tonight? What's the word.
• 1:10:36
  Speaker 4: Plugging?
• 1:10:39
  Speaker 5: Plugged? Clug Trap. It's also on our website and in
• 1:10:44
  Speaker 5: the bio of this video. But Trap, let me ask
• 1:10:46
  Speaker 5: you a question that I didn't get to ask you
• 1:10:48
  Speaker 5: on a podcast. Talk about take it down a business? Right?
• 1:10:52
  Speaker 5: I know you just dropped the e book and you
• 1:10:53
  Speaker 5: talked about that as far as like your strategy of
• 1:10:56
  Speaker 5: breaking down businesses, and I got said I had that
• 1:10:59
  Speaker 5: listed on a podcast, but I didn't get a chance
• 1:11:01
  Speaker 5: to actually on the podcast. So can you talk about
• 1:11:04
  Speaker 5: that as far as like breaking down a business.
• 1:11:06
  Speaker 14: So it's a few like so every investor is gonna
• 1:11:09
  Speaker 14: every investor gonna have like certain things they look for
• 1:11:13
  Speaker 14: when they breaking down. A business man shouts of my
• 1:11:15
  Speaker 14: great aunt with these the floor rings. Bro, that's how
• 1:11:21
  Speaker 14: quickly I didn't even go to the hotel or nothing.
• 1:11:23
  Speaker 5: Just can't.
• 1:11:23
  Speaker 4: I'm looking like a pink flowers is.
• 1:11:25
  Speaker 5: Going looks like a very southern house household.
• 1:11:29
  Speaker 4: You don't get this in the mother son, you feel me.
• 1:11:35
  Speaker 3: At all, or you can't you can't bump that, you
• 1:11:38
  Speaker 3: can't bump that.
• 1:11:39
  Speaker 5: Show you need or you needed the plastic on the
• 1:11:41
  Speaker 5: couch new and so.
• 1:11:43
  Speaker 4: We took the plastic up.
• 1:11:46
  Speaker 2: Big time.
• 1:11:46
  Speaker 5: I feel that.
• 1:11:47
  Speaker 3: Uh.
• 1:11:48
  Speaker 4: But basically so everybody has everybody has.
• 1:11:53
  Speaker 14: Different different things that they look for when they investing
• 1:11:58
  Speaker 14: looking for a business of breaking down the business. So
• 1:12:00
  Speaker 14: for me, I go I go through multiple angles. Like
• 1:12:03
  Speaker 14: we talked about molts on the podcast. So one of
• 1:12:05
  Speaker 14: the things for me is that's especially that's first and foremost.
• 1:12:09
  Speaker 14: I gotta see that. But inside of the ebook, I
• 1:12:12
  Speaker 14: broke down how to trap during the drought. And the
• 1:12:16
  Speaker 14: reason why I did that was because during these times,
• 1:12:19
  Speaker 14: you see a lot of businesses really go out of business.
• 1:12:21
  Speaker 14: You see a lot of business suspending they dividends. You
• 1:12:24
  Speaker 14: see a lot of businesses cutting they dividends. You see
• 1:12:28
  Speaker 14: a lot of things happening right here, right. And so
• 1:12:30
  Speaker 14: one of the things I was like, okay, like how
• 1:12:32
  Speaker 14: do I give people some things to look for, like
• 1:12:34
  Speaker 14: exactly to know if just a good business of this
• 1:12:36
  Speaker 14: a business they should be in. And so one of
• 1:12:39
  Speaker 14: the things was operational costs or operational cash flow. But
• 1:12:44
  Speaker 14: also there's this acronym called i CR right, and the
• 1:12:51
  Speaker 14: just how can a business? It was how can a
• 1:12:54
  Speaker 14: business payoff? It's make payments on its debt?
• 1:12:58
  Speaker 5: Right?
• 1:12:59
  Speaker 14: How can business is make payments on this debt? So
• 1:13:02
  Speaker 14: most in the financial a lot of business is going
• 1:13:04
  Speaker 14: to have debt. Now we know that I love businesses
• 1:13:06
  Speaker 14: that have no debt. That's like my goal to like,
• 1:13:09
  Speaker 14: if you don't got to no debt, It's something I'm
• 1:13:11
  Speaker 14: really going in for, right, because a business that doesn't
• 1:13:14
  Speaker 14: have debt is a business that can't go bankrupt, you
• 1:13:17
  Speaker 14: feel what I'm saying. And so that's a safety measure.
• 1:13:20
  Speaker 14: But we all know that businesses us that has leveraged
• 1:13:23
  Speaker 14: a lot of times. So one of the things we
• 1:13:25
  Speaker 14: want to do is make sure that the business can
• 1:13:27
  Speaker 14: pay its debt payments. Right, even if it can't pay
• 1:13:29
  Speaker 14: the debt down, it can pay the debt payments.
• 1:13:31
  Speaker 2: And so how do we do that.
• 1:13:33
  Speaker 14: We look at what's called interest payment ratio interest coverage
• 1:13:37
  Speaker 14: ratio I see R like And what we do is
• 1:13:40
  Speaker 14: we look at the company's operational cash flow, right, and
• 1:13:43
  Speaker 14: if the operational cash flow can pay at least the
• 1:13:46
  Speaker 14: payments the debt payments, then it's.
• 1:13:48
  Speaker 4: A go ahead for us.
• 1:13:50
  Speaker 14: So for me, I'm looking at how much debt the
• 1:13:52
  Speaker 14: business has and if the debt, if the debt.
• 1:13:55
  Speaker 4: Is paid covered by the operational cash flow.
• 1:13:58
  Speaker 14: You know what I'm saying. The debt is about those payments.
• 1:14:00
  Speaker 14: So the money that's coming in, right, the money that's
• 1:14:03
  Speaker 14: coming in, can they take a portion of that money
• 1:14:05
  Speaker 14: and pay the debt and still be functional. If they
• 1:14:08
  Speaker 14: can still do that, then I'm good. So that that's
• 1:14:11
  Speaker 14: one of the important things for me. When I'm looking
• 1:14:13
  Speaker 14: at a business that does have debt, can they make
• 1:14:15
  Speaker 14: those payments? And then the next thing I need to
• 1:14:18
  Speaker 14: know is how long is it going to take for
• 1:14:20
  Speaker 14: them to.
• 1:14:21
  Speaker 4: Pay that debt off.
• 1:14:22
  Speaker 14: That's another important thing for me is because I need
• 1:14:25
  Speaker 14: to see if you can pay that debt off.
• 1:14:27
  Speaker 4: Within three years five years max. With three years is
• 1:14:30
  Speaker 4: a good time for me.
• 1:14:31
  Speaker 2: Right.
• 1:14:32
  Speaker 14: That mean management doing a great job at using debt
• 1:14:34
  Speaker 14: to leverage the debt, but also not taking too much
• 1:14:37
  Speaker 14: of the debt into play, you know what I'm saying,
• 1:14:39
  Speaker 14: not over leveraging themselves, right, because we're gonna use that
• 1:14:42
  Speaker 14: to leverage.
• 1:14:43
  Speaker 4: And then now we can use.
• 1:14:45
  Speaker 14: Debt as return on invested return on equity, which means
• 1:14:49
  Speaker 14: management now is using shareholder equity to build the business
• 1:14:53
  Speaker 14: but also give us great returns on our money. So
• 1:14:55
  Speaker 14: those are two great metrics metrics that I go in
• 1:14:58
  Speaker 14: on when I'm looking at a busines because that shows
• 1:15:01
  Speaker 14: me one management can you know it's all It's like,
• 1:15:04
  Speaker 14: even we use that, you know, we get us a
• 1:15:06
  Speaker 14: real estate. Sometimes they'll say it's good to use other
• 1:15:08
  Speaker 14: people money, So I don't have a problem with that,
• 1:15:10
  Speaker 14: but not even can you make those payments? And if
• 1:15:13
  Speaker 14: you're going to use that or if you're going to
• 1:15:15
  Speaker 14: use my capital to make other investments, can you give
• 1:15:17
  Speaker 14: me a good return on my investment?
• 1:15:20
  Speaker 2: Yo.
• 1:15:20
  Speaker 3: Trap One of the things that that you love to
• 1:15:23
  Speaker 3: do when investment is a dividend play. And while you
• 1:15:27
  Speaker 3: was taping it, I was like, Yo, he just spent
• 1:15:29
  Speaker 3: a whole bar in my head.
• 1:15:30
  Speaker 2: I don't want to say it out loud. I don't
• 1:15:31
  Speaker 2: want to mess you up.
• 1:15:32
  Speaker 3: And I'm like, yo, you talked about drip, and like
• 1:15:36
  Speaker 3: in our culture, we know drip is getting fly, but
• 1:15:38
  Speaker 3: when it comes to dividends, it's a whole different play.
• 1:15:40
  Speaker 3: And I'm wondering, like, I think if we get this
• 1:15:42
  Speaker 3: out there, it's going to change the game. Right, If
• 1:15:44
  Speaker 3: we're talking about drip, can you explain what that is?
• 1:15:45
  Speaker 5: To say that drip is that Eyo University drip. We
• 1:15:48
  Speaker 5: got that too, sweatsuit trip, your dig trap tire.
• 1:15:56
  Speaker 3: Is required drip trip, that family packed the real drip,
• 1:16:00
  Speaker 3: the only drip I know.
• 1:16:01
  Speaker 14: It's the only drip. So this is called dividend Reinvestment plan.
• 1:16:06
  Speaker 14: And every Friday and travels Anonymous we do this. We
• 1:16:09
  Speaker 14: do is we take one company and it's called drip
• 1:16:12
  Speaker 14: literally d r ip. And what we do is we
• 1:16:16
  Speaker 14: break down a company that has been dripping for a
• 1:16:19
  Speaker 14: long time. You know what I'm saying, The company that
• 1:16:23
  Speaker 14: that's been dripping and that doesn't mind that we don't
• 1:16:26
  Speaker 14: mind letting drip for us over the long term.
• 1:16:29
  Speaker 2: Right.
• 1:16:29
  Speaker 14: So what we wanna do is drip is dividend reinvestment plan.
• 1:16:33
  Speaker 14: And the dull part about that is this, right, So
• 1:16:35
  Speaker 14: a lot of times people like y'all won't get the dividends,
• 1:16:37
  Speaker 14: I won't get the dividends, right, So you get the
• 1:16:39
  Speaker 14: dividends unless you be real, you're going to need, you know,
• 1:16:43
  Speaker 14: a nice amount of dividends to really take. Like Warren Buffett,
• 1:16:46
  Speaker 14: I think last last quarter he got I think sixty
• 1:16:49
  Speaker 14: eight million dollars in dividends.
• 1:16:50
  Speaker 4: You know what I'm saying, like, don't let that go.
• 1:16:52
  Speaker 14: Yeah, right, So one of the things we can do
• 1:16:55
  Speaker 14: with dividend reinvestment is we can use the money from
• 1:16:58
  Speaker 14: the business, right, the dividends from the business to buy
• 1:17:01
  Speaker 14: us most shares of the business. You feel something to
• 1:17:04
  Speaker 14: say that? Again, we can use the money from the
• 1:17:06
  Speaker 14: business from dividends to buy us most shares of the business.
• 1:17:09
  Speaker 4: So how do we do that?
• 1:17:10
  Speaker 14: Okay, So we figure out how much dividend is that
• 1:17:13
  Speaker 14: this company is paying every month every if they're paying
• 1:17:16
  Speaker 14: every month of every quarter, we find out how many
• 1:17:18
  Speaker 14: dividends what they're paying us. So they're paying us fifty
• 1:17:21
  Speaker 14: cent a quarter, then that means they're paying us two
• 1:17:23
  Speaker 14: dollars a year.
• 1:17:24
  Speaker 4: Right, so they're paying us two dollars a year.
• 1:17:26
  Speaker 14: Then we ask ourselves how many shares of the business
• 1:17:28
  Speaker 14: do we need for the business to buy us one
• 1:17:31
  Speaker 14: share of itself? And then we break that down, how
• 1:17:33
  Speaker 14: many shares of the business do I need for the
• 1:17:35
  Speaker 14: business to buy me two shares of itself? And that's
• 1:17:38
  Speaker 14: one of the things. That's one of the things I
• 1:17:41
  Speaker 14: enjoyed doing. Like when I look for a business, the
• 1:17:43
  Speaker 14: first thing I'm gonna ask myself, once I did on
• 1:17:45
  Speaker 14: my homework, if they do pay a dividend, how many
• 1:17:47
  Speaker 14: shares of the business do I need for it to
• 1:17:49
  Speaker 14: start buying me two, three, four shares of itself? Because
• 1:17:52
  Speaker 14: now I don't got to use that I don't got
• 1:17:53
  Speaker 14: to keep on adding to that position. I could just
• 1:17:56
  Speaker 14: let that business just keep dripping for me over time,
• 1:17:59
  Speaker 14: and then once you get get older, and once you
• 1:18:01
  Speaker 14: get remember well it is a long term game. Right,
• 1:18:03
  Speaker 14: So now I ask myself, Okay, well I'm twenty thirty
• 1:18:06
  Speaker 14: forty is old. I may don't need that money. I
• 1:18:07
  Speaker 14: can just plug it in when you get fifty and sixty.
• 1:18:10
  Speaker 4: You may say, you know what, I want this to
• 1:18:12
  Speaker 4: be another streaming income for me. Boom.
• 1:18:13
  Speaker 14: Now you don't got to let it drip, no move.
• 1:18:15
  Speaker 14: Now you can actually use that money to be a
• 1:18:19
  Speaker 14: source of income. So you use the company as itself. Right,
• 1:18:21
  Speaker 14: You let the company pimp the company. You let the
• 1:18:23
  Speaker 14: company buy more shares of itself for you, and then
• 1:18:26
  Speaker 14: when you finish with the buy more shares of itself
• 1:18:28
  Speaker 14: for you.
• 1:18:28
  Speaker 4: You let the company just drip out cash flow to
• 1:18:30
  Speaker 4: you and now becomes cans flow.
• 1:18:33
  Speaker 5: Real drip best best in the business man trapper trapper
• 1:18:38
  Speaker 5: talking that talk, man trapper talking at talk. Can we
• 1:18:43
  Speaker 5: get some questions?
• 1:18:44
  Speaker 2: Yeah, let's go to Michael. Michael, we're coming to you.
• 1:18:46
  Speaker 2: I'm mute yourself, you've been unmuted.
• 1:18:51
  Speaker 4: What's going on?
• 1:18:52
  Speaker 2: Fellas? Everything great?
• 1:18:54
  Speaker 5: How you? How you?
• 1:18:55
  Speaker 4: I'm cool and cooling?
• 1:18:56
  Speaker 15: Hey, listen, I wanted to ask, as far as you're
• 1:18:58
  Speaker 15: broken with your cant with it, be better than to
• 1:19:00
  Speaker 15: be put under the LLC. As far as you know,
• 1:19:06
  Speaker 15: when y'all talk about keeping things out of your.
• 1:19:07
  Speaker 5: Name trap, you want to talk about that, well.
• 1:19:12
  Speaker 4: I never did it. In the LLC.
• 1:19:14
  Speaker 14: Is always my name you know what I'm saying. But
• 1:19:17
  Speaker 14: what I am about to do is I'm about to
• 1:19:19
  Speaker 14: put all of my stuff again. So I had to
• 1:19:21
  Speaker 14: trust and stuff set up. So I'm about to try
• 1:19:23
  Speaker 14: to navigate all that under there. But you know what
• 1:19:27
  Speaker 14: I mean, I guess it's up to you whish. I'll
• 1:19:28
  Speaker 14: probably tell you that because your financial advisor, you know
• 1:19:30
  Speaker 14: what I'm saying, he can take you to glory.
• 1:19:31
  Speaker 4: I could get take you to the trap house. Man.
• 1:19:37
  Speaker 4: A lot of that, a lot of I'll never sho
• 1:19:41
  Speaker 4: cover out.
• 1:19:41
  Speaker 5: Yeah, I don't think necessarily that the LLC really makes
• 1:19:44
  Speaker 5: that much of a difference as far as because the
• 1:19:46
  Speaker 5: LLC is passful. You got to go through your personal
• 1:19:49
  Speaker 5: taxes anyway, unless you're going to put in the trust.
• 1:19:52
  Speaker 5: And that's something that we talked about on the on
• 1:19:54
  Speaker 5: the on the wealth pack as well family pack as
• 1:19:58
  Speaker 5: well as trust. So sometimes depending on like if you
• 1:20:01
  Speaker 5: have a state tax issues, like we talked about that
• 1:20:04
  Speaker 5: with the air Vocable Life Insurance Trust and then we
• 1:20:06
  Speaker 5: talked about the Dynasty Trust also where you know that's
• 1:20:09
  Speaker 5: how you Yeah, that was that was crazy chat. Put
• 1:20:13
  Speaker 5: me onto that and you can take the assets out
• 1:20:16
  Speaker 5: of your your state and you know a lot of
• 1:20:19
  Speaker 5: times people do that because like very wealthy people, when
• 1:20:21
  Speaker 5: you have too much money, then you have state tax
• 1:20:24
  Speaker 5: issues and things of that nature. And you know, people
• 1:20:27
  Speaker 5: don't even realize that there's actually in the state tax
• 1:20:30
  Speaker 5: because like we used to just like capital gains tax
• 1:20:32
  Speaker 5: and personal income tax, but it is in the state tax.
• 1:20:35
  Speaker 5: So like very wealthy people, you have to pay in
• 1:20:37
  Speaker 5: the state tax like when you got and this is why,
• 1:20:40
  Speaker 5: like if they don't plan properly, like you see like
• 1:20:42
  Speaker 5: a lot of musicians and stuff like that, where like
• 1:20:44
  Speaker 5: there's state they have a state sales.
• 1:20:45
  Speaker 2: Yeah we saw, we saw. Uh friends didn't have read
• 1:20:48
  Speaker 2: the Franklin a bunch of people.
• 1:20:50
  Speaker 5: Yeah, yeah, they're state go ahead, Jimi Hendrix. There's a
• 1:20:55
  Speaker 5: long list of entertainers that didn't have wills and didn't
• 1:20:57
  Speaker 5: have life insurance, didn't have trust set up up, and
• 1:21:01
  Speaker 5: now they have to have a state tax sales. Elvis Presley,
• 1:21:04
  Speaker 5: so they sell like their memorabilia, their their guitars really
• 1:21:07
  Speaker 5: cheap because they owe the government of state tax. So
• 1:21:11
  Speaker 5: planning is to take the money out of your personal
• 1:21:15
  Speaker 5: and put it in the trust. And the trust is
• 1:21:18
  Speaker 5: like an outside entity. It's like its own separate person trust,
• 1:21:22
  Speaker 5: so big trust. So when you die, the trust can
• 1:21:26
  Speaker 5: pay the beneficiaries your air, like so the money can
• 1:21:28
  Speaker 5: come or you can actually receive money from the trust,
• 1:21:31
  Speaker 5: but it's taken out of your own personal So at
• 1:21:34
  Speaker 5: a certain point you want to take as much money
• 1:21:36
  Speaker 5: out as your own out of your own personal as possible.
• 1:21:38
  Speaker 5: So this is why people do, like we've talked about
• 1:21:40
  Speaker 5: it yesterday on trapping to this a little bit charitable
• 1:21:43
  Speaker 5: Remainder trust where it's like you can put money in
• 1:21:46
  Speaker 5: and you lower your taxable income and the money goes
• 1:21:48
  Speaker 5: to charity. So I mean, there's so many different levels
• 1:21:51
  Speaker 5: to it. That's why I said, like this is it's
• 1:21:54
  Speaker 5: like we can give stocks all day. We give stocks
• 1:21:56
  Speaker 5: every Monday on market Mondays we give stocks trapping to
• 1:21:59
  Speaker 5: like none saying it's like that's that's literally the easiest
• 1:22:02
  Speaker 5: thing to do. And we already said how you can
• 1:22:04
  Speaker 5: get stocks, like you could just go to ETF look
• 1:22:07
  Speaker 5: at the top performing stocks in the ETF and that's
• 1:22:09
  Speaker 5: a good start list right there. Like to give stocks,
• 1:22:11
  Speaker 5: it's not really too You're not an oracle if you
• 1:22:13
  Speaker 5: can just give somebody stocks, It's not easy. That's easy
• 1:22:16
  Speaker 5: to do. How you breaking it down? Like, are you
• 1:22:18
  Speaker 5: showing them like how to actually protect the wealth. Are
• 1:22:21
  Speaker 5: you showing them agriculture plays? Are you showing them family
• 1:22:24
  Speaker 5: plays are agriculture? Like you know what I'm saying, like
• 1:22:27
  Speaker 5: this is now I'm just I'm just being honest. I'm
• 1:22:31
  Speaker 5: really being honest. It's real talk. It's real talk. So
• 1:22:34
  Speaker 5: you know, that's That's one of the things that we
• 1:22:36
  Speaker 5: did with the with the family pat is just broke
• 1:22:39
  Speaker 5: all of that stuff down because it's it's levels to it.
• 1:22:41
  Speaker 5: And if you were on the first level and you
• 1:22:43
  Speaker 5: don't want to do it, that's cool. You can just
• 1:22:44
  Speaker 5: tap into YouTube, tap into the podcast, and then just
• 1:22:47
  Speaker 5: watch Instagram. But it's just you know, sometimes in life
• 1:22:49
  Speaker 5: you just want to high a level. It's like if
• 1:22:51
  Speaker 5: you go to college, you know what I mean, like
• 1:22:52
  Speaker 5: you want it. You might just want to go to
• 1:22:53
  Speaker 5: college for a higher level education. And that's pretty much
• 1:22:57
  Speaker 5: what it is.
• 1:22:57
  Speaker 6: Like.
• 1:22:57
  Speaker 5: Institutions is this, this been institutions around for years. It's
• 1:23:02
  Speaker 5: nothing new. Harvard, the white he's ever discredited Harvard. I've
• 1:23:06
  Speaker 5: never seen anybody discredit Yale. You can't. You can't discredit
• 1:23:09
  Speaker 5: the black entrepreneur on Instagram. Don't discredit Wall Street trapper
• 1:23:14
  Speaker 5: because he has a court for a couple hundred dollars.
• 1:23:16
  Speaker 5: If you if you discredit Wall Street trapper because he
• 1:23:18
  Speaker 5: got a course for a couple hundred dollars, you got
• 1:23:20
  Speaker 5: you gotta tell every parent in America not to send
• 1:23:23
  Speaker 5: their kids to college. That's a very error. That's a
• 1:23:26
  Speaker 5: very irresponsible thing to do. That's a very irresponsible thing
• 1:23:29
  Speaker 5: to do. Whether you whether you think college is right
• 1:23:31
  Speaker 5: or wrong. If you tell every single parent in America
• 1:23:33
  Speaker 5: not to send your kids to college, that's a very
• 1:23:35
  Speaker 5: irresponsible thing to do. So you you you fine with
• 1:23:38
  Speaker 5: Harvard charging fifty thousand dollars a year, but you you
• 1:23:41
  Speaker 5: have a problem with the black entrepreneur who did ten
• 1:23:44
  Speaker 5: years in jail, who worked his way up from the
• 1:23:47
  Speaker 5: from the crane, to charge five hundred dollars because they
• 1:23:52
  Speaker 5: never a lot of them never did that. A lot
• 1:23:54
  Speaker 5: of them never never did that. Their their life is different.
• 1:23:57
  Speaker 5: He lost ten years, he could charge whatever he want,
• 1:23:59
  Speaker 5: nobody making people pay for it. So if you gotta,
• 1:24:02
  Speaker 5: if you got a problem with the black entrepreneur, say
• 1:24:05
  Speaker 5: the same thing about Harvard, the same thing about Stanford,
• 1:24:09
  Speaker 5: the same thing about nyu.
• 1:24:12
  Speaker 2: This is a message from earlier a Lisia.
• 1:24:13
  Speaker 4: But you know what else was shot too?
• 1:24:16
  Speaker 12: Oh I can't even though you were still there, brot
• 1:24:19
  Speaker 12: you bro, ninety eight percent of the people who get
• 1:24:22
  Speaker 12: stuff for free.
• 1:24:23
  Speaker 4: Don't even do nothing with it.
• 1:24:25
  Speaker 2: Facts, big fact.
• 1:24:27
  Speaker 15: Those people who gotta come out of pocket or work
• 1:24:30
  Speaker 15: to really get whatever it is, they the ones.
• 1:24:32
  Speaker 4: That do something with it.
• 1:24:34
  Speaker 5: Facts.
• 1:24:36
  Speaker 2: We appreciate you, bro.
• 1:24:37
  Speaker 5: All right, thanks a lot.
• 1:24:40
  Speaker 2: Yeah, And I think that's one of the beauty, beautiful
• 1:24:41
  Speaker 2: things about what we're doing.
• 1:24:42
  Speaker 3: Man, like watching this and recording this and just listening
• 1:24:46
  Speaker 3: to the amount of information. Man, it was like, yo, damn,
• 1:24:48
  Speaker 3: I need to apply some of these things. And I
• 1:24:50
  Speaker 3: think what people really enjoy is watching us do these
• 1:24:52
  Speaker 3: things in real time. So like when we setting up
• 1:24:54
  Speaker 3: a sodio account, we really setting up a sodio account
• 1:24:56
  Speaker 3: right when we open it up. We're using mutual funds
• 1:24:59
  Speaker 3: of like we're really doing these things, and like we're
• 1:25:02
  Speaker 3: telling people because like we're learning it, and you know
• 1:25:04
  Speaker 3: how we do this.
• 1:25:05
  Speaker 2: Once we learn something, we teach it. That's our obligation.
• 1:25:08
  Speaker 5: What what what what jay Z say said? Joe nice
• 1:25:11
  Speaker 5: worth billions? You still brought those kicks. Spotify's not chilling.
• 1:25:14
  Speaker 5: You ain't safe. The only one they hating on look
• 1:25:17
  Speaker 5: the same as you. Juicy got something splaining the dude.
• 1:25:19
  Speaker 2: The only ones they hating on is the same ones
• 1:25:22
  Speaker 2: that looked like you.
• 1:25:23
  Speaker 5: They hated on it looked the same as you. Nipsey
• 1:25:25
  Speaker 5: Hustle sold this mixtape for one hundred, four hundred dollars.
• 1:25:28
  Speaker 5: Talk to him in peace. A lot of these people
• 1:25:32
  Speaker 5: in a lot of these people never they never, they
• 1:25:34
  Speaker 5: never did that. They never, they never had to go
• 1:25:35
  Speaker 5: through the struggle. Wall Street. Trapper was on five hundred
• 1:25:39
  Speaker 5: feet in the air, big trapping. You're kidding me, You're
• 1:25:42
  Speaker 5: gonna You're gonna try to criticize somebody for selling something
• 1:25:45
  Speaker 5: that he had to literally stay in and sit down
• 1:25:48
  Speaker 5: for fourteen hours to build that education.
• 1:25:50
  Speaker 3: Fall asleep with the books on his chest, Wake up
• 1:25:52
  Speaker 3: with the books on his chest. I'm gonna talk to
• 1:25:54
  Speaker 3: him trap. Y'all got life, man, I'm gonna talk to
• 1:25:56
  Speaker 3: him for you. They got life mixed up.
• 1:25:57
  Speaker 2: Woke up with the book on his chest to sleep. Now.
• 1:26:00
  Speaker 2: We gotta stay with this book now.
• 1:26:02
  Speaker 5: But Sherry, sorry for my red, sorry for my read
• 1:26:07
  Speaker 5: I appreciate a lot of it's a lot of it's
• 1:26:10
  Speaker 5: a lot of hatred going on that I'm seeing. And
• 1:26:13
  Speaker 5: you know, Troy, he's more, he's more, he's more level headed.
• 1:26:23
  Speaker 2: We want Jesus pick him up.
• 1:26:29
  Speaker 14: You know, I appreciate that, man, You know what I'm saying,
• 1:26:31
  Speaker 14: because a lot of people don't understand it. You know
• 1:26:34
  Speaker 14: what I'm saying, Like we went, we went. We went
• 1:26:36
  Speaker 14: through a lot to put this up. You know what
• 1:26:37
  Speaker 14: I'm saying. I bet on myself every time.
• 1:26:39
  Speaker 4: You know what I'm saying.
• 1:26:40
  Speaker 14: I could easily give up. But when I saw this
• 1:26:43
  Speaker 14: change my life, I was just like, yo, like what
• 1:26:45
  Speaker 14: I can You know I can get his message to
• 1:26:47
  Speaker 14: so many people. You know what I'm saying, not gonna lie.
• 1:26:50
  Speaker 14: I really went In the beginning, I just wanted to
• 1:26:52
  Speaker 14: talk to hustlers. I just want to talk some dudes
• 1:26:54
  Speaker 14: from the street. This ain't this ain't nothing against nobody,
• 1:26:56
  Speaker 14: because I just understood. I understood they was gonna they
• 1:26:59
  Speaker 14: was gonnappreciate, not even gonna lie, there's nothing against nobody.
• 1:27:04
  Speaker 14: But I wanted us to tell dudes from the street
• 1:27:06
  Speaker 14: how to do what I was doing because I knew
• 1:27:07
  Speaker 14: they was gonna appreciate it. I knew they was looking
• 1:27:10
  Speaker 14: for a way out. I knew they was looking for
• 1:27:11
  Speaker 14: ways to put money in better situations. I knew we
• 1:27:14
  Speaker 14: wasn't really on nothing but just getting it out the
• 1:27:17
  Speaker 14: mud every day all day. So I was like, Yo,
• 1:27:19
  Speaker 14: it's a whole nother set of gangsters out here playing
• 1:27:22
  Speaker 14: this game, but nobody don't want to talk to us.
• 1:27:24
  Speaker 2: So let me be the voice.
• 1:27:25
  Speaker 4: You know what I'm saying.
• 1:27:26
  Speaker 14: Let me show dudes who come from where I come from.
• 1:27:28
  Speaker 14: Let me show them like, Yo, this is we can
• 1:27:30
  Speaker 14: do with this bread family, Like we can really build well.
• 1:27:33
  Speaker 14: Because I remember I say it in the first episode.
• 1:27:35
  Speaker 14: I said, and nobody don't touch no more money than
• 1:27:37
  Speaker 14: a dude in the street when it comes to in
• 1:27:39
  Speaker 14: and out, in and out, in and out.
• 1:27:40
  Speaker 4: You know what I'm saying, Like that, we're doing money
• 1:27:42
  Speaker 4: every day, we ain't doing nothing with it. So that
• 1:27:44
  Speaker 4: was my goal.
• 1:27:45
  Speaker 14: I'm not gonna lie like cause most of the people
• 1:27:47
  Speaker 14: who who always have something to say about what was
• 1:27:50
  Speaker 14: going on, I'm not gonna lie as people who never
• 1:27:53
  Speaker 14: been through the trenches, you know what I'm saying. I
• 1:27:55
  Speaker 14: had a dude tell me the other day that Jewish
• 1:27:57
  Speaker 14: people give all these people to knowledge why you And
• 1:27:59
  Speaker 14: I was like, all right, yo, and thank you for
• 1:28:01
  Speaker 14: a shot because he always tell me, Man, sometimes you
• 1:28:03
  Speaker 14: just can't say nothing TRP. You just gotta let it go,
• 1:28:05
  Speaker 14: you know what I'm saying. Because I really wanted to
• 1:28:07
  Speaker 14: get into comments and like tussle with people. You know
• 1:28:09
  Speaker 14: what I'm saying, very shot be like, Nah, that ain't it,
• 1:28:13
  Speaker 14: you know what I'm saying. So I really wanted to
• 1:28:14
  Speaker 14: just do it for the travers.
• 1:28:15
  Speaker 4: Man, I'm not gonna lie. I stick to who I am.
• 1:28:17
  Speaker 14: I stick to and a lot of people do feel
• 1:28:19
  Speaker 14: like I saw people say that before, Like the dude
• 1:28:22
  Speaker 14: did ten years in prison.
• 1:28:23
  Speaker 4: Let me tell you something.
• 1:28:24
  Speaker 14: You don't discredit the dude because he went to prison. Family,
• 1:28:27
  Speaker 14: you know what I'm saying. I know some of the
• 1:28:28
  Speaker 14: smartest people in the world in prison. But we all,
• 1:28:31
  Speaker 14: you know, we all got circumstances. Sometimes you be willing
• 1:28:34
  Speaker 14: to risk your life for your family, You be willing
• 1:28:36
  Speaker 14: with your life to do certain things when you don't
• 1:28:37
  Speaker 14: know no better, you know.
• 1:28:38
  Speaker 4: What I'm saying.
• 1:28:39
  Speaker 14: It's easy for somebody to say, well, you can just
• 1:28:41
  Speaker 14: go get a job, or tell somebody who's been an
• 1:28:43
  Speaker 14: entrepreneur all their life to go get a job, right,
• 1:28:46
  Speaker 14: and see how they look at you, see how they
• 1:28:47
  Speaker 14: willing to sacrifice everything they have.
• 1:28:49
  Speaker 4: Right.
• 1:28:49
  Speaker 14: So for me, when I had my daughter, it was like,
• 1:28:51
  Speaker 14: all right, I gotta change the game, Like I can't
• 1:28:53
  Speaker 14: be in the street no more. I gotta do something different.
• 1:28:56
  Speaker 14: But the hustling that nature was still in me. I
• 1:28:58
  Speaker 14: still want to give my message to the people who
• 1:29:00
  Speaker 14: I knew nobody wanted to talk to. And just as
• 1:29:03
  Speaker 14: time passed, I was able to, you know, bring more people,
• 1:29:06
  Speaker 14: and people from all different sectors you know, work in class, whatever.
• 1:29:09
  Speaker 14: And I appreciate all that love field, But initially, I'm
• 1:29:11
  Speaker 14: just gonna be real, it was all about the streets
• 1:29:14
  Speaker 14: for me. It was all about the hustle for me,
• 1:29:15
  Speaker 14: because no, we ain't know nothing. We ain't not about
• 1:29:17
  Speaker 14: no checkbook. We ain't no about no stock account, We
• 1:29:20
  Speaker 14: ain't nobody got no money to bank. Everything in the mattress,
• 1:29:23
  Speaker 14: you know what I'm saying, Everything under the matter and
• 1:29:24
  Speaker 14: a brown in the Nike box. The Joe and box
• 1:29:26
  Speaker 14: become become the safe. You know what I'm saying, That
• 1:29:28
  Speaker 14: the rebox soldiers in the walls become the safe. Depositive
• 1:29:31
  Speaker 14: box you know what I'm saying.
• 1:29:32
  Speaker 4: So that's what it was for me. You know what
• 1:29:35
  Speaker 4: I'm saying, That's.
• 1:29:35
  Speaker 14: Always gonna be you know the underline of the catalyst
• 1:29:38
  Speaker 14: to why I do what I do? Anybody else that
• 1:29:40
  Speaker 14: come along the journey. Man, I appreciate y'all, you know
• 1:29:42
  Speaker 14: what I'm saying, But we can't never leave a dude
• 1:29:45
  Speaker 14: like so this dude said then in the comments one
• 1:29:46
  Speaker 14: time he said, why.
• 1:29:48
  Speaker 4: Would I try to help someone? Why? Why would I
• 1:29:49
  Speaker 4: try to help somebody who don't want to do better?
• 1:29:51
  Speaker 4: You know what I'm saying.
• 1:29:52
  Speaker 14: He was talking about dudes from the street, and I
• 1:29:53
  Speaker 14: was like, that's exactly why, because you have the knowledge.
• 1:29:56
  Speaker 4: What if somebody would have gave up on me? You
• 1:29:58
  Speaker 4: know what I'm saying.
• 1:29:59
  Speaker 14: With a a shot in troub was like, and I'm
• 1:30:00
  Speaker 14: gonna be real cheo and then I'm gonna just go
• 1:30:02
  Speaker 14: Like my brother from Hood of States, when I first
• 1:30:04
  Speaker 14: got leaked out with him, right when we started running,
• 1:30:06
  Speaker 14: we started getting cool. The first time I met him,
• 1:30:08
  Speaker 14: somebody his camp said, Man, that dude in a prison
• 1:30:10
  Speaker 14: for a Tim Murry, bro, why are you bringing that
• 1:30:12
  Speaker 14: dude over it? Real talk? And now he become like
• 1:30:16
  Speaker 14: a big brother. And that same person who told him
• 1:30:18
  Speaker 14: that he's no longer around, you know what I'm saying.
• 1:30:20
  Speaker 14: So you know what I'm saying, like you know we
• 1:30:23
  Speaker 14: got that bad man and just want to just be
• 1:30:25
  Speaker 14: on each other so hard, you know what I'm saying,
• 1:30:27
  Speaker 14: like and not were looking at the person and not
• 1:30:29
  Speaker 14: looking at the message.
• 1:30:30
  Speaker 6: Man.
• 1:30:30
  Speaker 14: And that's why I love about y'all. Man, y'all embraced
• 1:30:32
  Speaker 14: me like a brother. No, no, nothing anywhere I go
• 1:30:35
  Speaker 14: is it ain't higgle. It's like it's my brother Wall
• 1:30:38
  Speaker 14: Street trapper man.
• 1:30:39
  Speaker 2: So I just want to No, no, that's not how
• 1:30:41
  Speaker 2: we do it. That's not how we do it. Hey,
• 1:30:43
  Speaker 2: yoall this wan't see each other right here.
• 1:30:47
  Speaker 5: That's a fact. Man. But let's go, let's go to
• 1:30:49
  Speaker 5: a few more questions. But just how we rock? Man?
• 1:30:51
  Speaker 5: You know, sorry to get off on a little tangent.
• 1:30:53
  Speaker 3: But now they call on you silk silk suit shoddy
• 1:30:55
  Speaker 3: right now. You know they say it with yo, they
• 1:30:57
  Speaker 3: saying with silk suit shoty. Come boy, it's gonna be
• 1:30:59
  Speaker 3: a problem.
• 1:31:00
  Speaker 2: You understand.
• 1:31:03
  Speaker 5: It's never no beef. But like I said, you know
• 1:31:05
  Speaker 5: what they say, your beef is my anybody anybody, anybody
• 1:31:10
  Speaker 5: that speaks bad about Wall Street Trapper speaks bad about Lisha.
• 1:31:14
  Speaker 3: And that's how we rocking the trap. I told him
• 1:31:15
  Speaker 3: they got beef day on their own. I didn't even
• 1:31:17
  Speaker 3: know day on their own. Bro, we were on a mission.
• 1:31:20
  Speaker 5: It was just taking in a man, a new hundred
• 1:31:23
  Speaker 5: dollars man.
• 1:31:23
  Speaker 2: Oh, Sherry, I thank you for being so pacid. You're
• 1:31:25
  Speaker 2: still there.
• 1:31:26
  Speaker 5: Of course, I ain't going nowhere.
• 1:31:29
  Speaker 2: We appreciate knowing, good.
• 1:31:32
  Speaker 16: Evening, distinguished deans and professors of ey L University. I'm
• 1:31:38
  Speaker 16: super grateful for the episode y'all dropped on Monday, Trap.
• 1:31:42
  Speaker 2: I really needed that.
• 1:31:44
  Speaker 16: Those gems you were dropping regarding dolar cost averaging versus
• 1:31:49
  Speaker 16: buying on the dips, I was really confused about how
• 1:31:51
  Speaker 16: to move forward. They both seem appealing, but I totally
• 1:31:54
  Speaker 16: am on board and get the dollar cost averaging for
• 1:31:57
  Speaker 16: the ETS and then buying on the dips for the
• 1:31:58
  Speaker 16: individual's tax.
• 1:31:59
  Speaker 4: So I really appreciate that.
• 1:32:02
  Speaker 16: But my question is, so currently, before I found y'all,
• 1:32:07
  Speaker 16: you know, when you know better, you do better. So
• 1:32:08
  Speaker 16: before I found y'all, I had a bunch of individual stocks.
• 1:32:12
  Speaker 16: So I've been listening to you know, Ian Trappa, eyl Mark,
• 1:32:17
  Speaker 16: you know. So in general, I'm on board with the
• 1:32:19
  Speaker 16: buy one of you know, buy two ETFs and then
• 1:32:23
  Speaker 16: you know, buy something, buy a few individual stocks, but
• 1:32:26
  Speaker 16: keep it limited and you know, don't build your own
• 1:32:29
  Speaker 16: mutual fund of individual stocks. So my the situation I'm
• 1:32:34
  Speaker 16: in right now is I've already bought a bunch of
• 1:32:36
  Speaker 16: individual stocks and I actually like them. I actually don't.
• 1:32:41
  Speaker 16: I'm confused on whether to sell them and whittle it
• 1:32:43
  Speaker 16: down and you know, build up the shares that I have,
• 1:32:47
  Speaker 16: because I only have a few shares of them. But
• 1:32:48
  Speaker 16: I have stuff like Apple, Home, Deepot Baba, Boeing, three M, Disney,
• 1:32:55
  Speaker 16: Coca Cola, and I bought them, you know, some of
• 1:32:57
  Speaker 16: them I had before Corona, you know, and some of
• 1:33:00
  Speaker 16: them I bought in March April. So you know, they
• 1:33:03
  Speaker 16: all up like thirty forty, fifty, sixty seventy percent right now.
• 1:33:07
  Speaker 4: So I'm just.
• 1:33:10
  Speaker 16: Right right and that's why. And I just bought Trappers.
• 1:33:16
  Speaker 5: What do you So you're trying to see if you
• 1:33:17
  Speaker 5: could if you should skip down on your position.
• 1:33:20
  Speaker 16: Yeah, I'm wondering if I should should sell off some
• 1:33:24
  Speaker 16: and build up the shares and the ones that I
• 1:33:26
  Speaker 16: keep or do I keep all of them and try
• 1:33:28
  Speaker 16: to build up the shares and all of them, you know,
• 1:33:30
  Speaker 16: because my funds are not I don't have unlimited funds.
• 1:33:34
  Speaker 16: So I'm trying to figure out, like.
• 1:33:35
  Speaker 4: Where do I go from here that existence.
• 1:33:37
  Speaker 14: We ain't even gonna say we not We're gonna speak
• 1:33:39
  Speaker 14: unlimited abunners unto your life, right quick, queen?
• 1:33:42
  Speaker 4: Yes, I'm sorry, that was my band.
• 1:33:45
  Speaker 2: So what I think?
• 1:33:46
  Speaker 4: So give me answer this question for me. How many
• 1:33:48
  Speaker 4: stocks individual stocks do you have right now? Can you
• 1:33:53
  Speaker 4: top ten? Twelve, fifteen?
• 1:33:55
  Speaker 16: At least ten?
• 1:33:56
  Speaker 4: That's good?
• 1:33:57
  Speaker 2: So, yeah, that's good.
• 1:33:59
  Speaker 4: You know, like an index fund. You talking about forty
• 1:34:03
  Speaker 4: fifty stocks in that thing. You know what I'm saying?
• 1:34:05
  Speaker 4: You okay with that, queen? And then you got some
• 1:34:07
  Speaker 4: good stocks.
• 1:34:08
  Speaker 14: You have great value stocks right there, right, so they
• 1:34:10
  Speaker 14: gonna they're gonna perform well for you all the time,
• 1:34:12
  Speaker 14: so you don't have to sell at all.
• 1:34:14
  Speaker 4: What I would tell you to do is so and
• 1:34:17
  Speaker 4: you do have some a couple of ETFs.
• 1:34:20
  Speaker 16: Right well, So in my my brokerage account, I only
• 1:34:24
  Speaker 16: have one it's a healthcare.
• 1:34:26
  Speaker 4: But in my retirement I have you know, I have
• 1:34:28
  Speaker 4: a bunch. Okay, so let's break that down. So we
• 1:34:31
  Speaker 4: got two accounts.
• 1:34:31
  Speaker 14: We got a retirement account and then you have your
• 1:34:34
  Speaker 14: brokerage account, right, yes, so your retirement account it should
• 1:34:38
  Speaker 14: be more long term, right yes, all right, and then
• 1:34:41
  Speaker 14: you're broke. So that's what you can do now, So
• 1:34:43
  Speaker 14: let's do this. In your retirement account, that's where all
• 1:34:45
  Speaker 14: the stocks at. Oh, that's where your ETFs at.
• 1:34:49
  Speaker 16: Yeah, that's where all the ets. Well, that's where all
• 1:34:50
  Speaker 16: the mutual fund slash ETFs. I only have the individual
• 1:34:53
  Speaker 16: stocks in my brokerage, all right, cool.
• 1:34:56
  Speaker 14: So what you can do is you can pull your
• 1:34:57
  Speaker 14: brokerage account for you can make sure you drip all
• 1:35:00
  Speaker 14: those right, so, because what that's gonna do is that's
• 1:35:03
  Speaker 14: gonna amplify your returns. And then you can just yeah,
• 1:35:06
  Speaker 14: you could just reinvest all your diffidends and your brokerage account.
• 1:35:09
  Speaker 14: That's gonna amplify your returns.
• 1:35:11
  Speaker 6: Right.
• 1:35:11
  Speaker 4: That's really why you up the way you up to.
• 1:35:13
  Speaker 4: You know what I'm saying.
• 1:35:13
  Speaker 14: People always forget about that when you reinvest the dividends,
• 1:35:16
  Speaker 14: it helps increase your percentage of going up. It helped
• 1:35:19
  Speaker 14: increase your returns, right, So take that and then in
• 1:35:23
  Speaker 14: your retirement account, you know, just let them be long term,
• 1:35:28
  Speaker 14: let them be with it be. But if you got
• 1:35:30
  Speaker 14: ten stocks in at ten to twelve stocks, you good,
• 1:35:32
  Speaker 14: and I will say, don't go over like twenty.
• 1:35:34
  Speaker 4: You know what I'm saying. You don't want to go
• 1:35:36
  Speaker 4: that heavy.
• 1:35:36
  Speaker 14: Then you're starting to look like an ETU at this point,
• 1:35:39
  Speaker 14: you know what I'm saying.
• 1:35:39
  Speaker 4: But if you won't do that, then just open you
• 1:35:41
  Speaker 4: up another account.
• 1:35:41
  Speaker 14: So one of the things I often tell people to
• 1:35:43
  Speaker 14: do this, it's okay to have multiple accounts for different things.
• 1:35:47
  Speaker 14: I have an account I'm about to put money in.
• 1:35:49
  Speaker 14: It's gonna be straight forward dividends. I'm about to add
• 1:35:51
  Speaker 14: that to my group. It's gonna be just a dividend account.
• 1:35:54
  Speaker 14: It's all as fun. And then I have another what
• 1:35:57
  Speaker 14: I'm more aggressive and shot.
• 1:35:58
  Speaker 4: Are you will kill it good for careful and then
• 1:36:05
  Speaker 4: have another account. And I actually have one three accounts.
• 1:36:08
  Speaker 14: So one of my accounts is my wraw Ira account, right,
• 1:36:11
  Speaker 14: and it's just straight it's I can't get it time
• 1:36:14
  Speaker 14: sixty five. So actually in that account, I actually take
• 1:36:16
  Speaker 14: a little more risk than I would any other time.
• 1:36:20
  Speaker 14: But because I know I have nothing but time, right,
• 1:36:22
  Speaker 14: but it's not much. It's only five percent. It's mostly
• 1:36:25
  Speaker 14: just long term, good place. But I have a in
• 1:36:28
  Speaker 14: my regular account, I really take way more risks than
• 1:36:31
  Speaker 14: normal because I'm playing it for that right, and then
• 1:36:35
  Speaker 14: I'm gonna just have a dividend account. So it's okay
• 1:36:37
  Speaker 14: to have those, but just have an idea of what
• 1:36:40
  Speaker 14: you want them to do. That's one of the things
• 1:36:42
  Speaker 14: we want. We won't be real intentional with what we're doing.
• 1:36:44
  Speaker 4: Right.
• 1:36:45
  Speaker 14: The more intentional you are, the clearer your vision becomes
• 1:36:48
  Speaker 14: as an investor makes sense.
• 1:36:50
  Speaker 4: Yes, thank you so much.
• 1:36:52
  Speaker 5: Thank you.
• 1:36:52
  Speaker 2: Hold on to those ye wait where are you from?
• 1:36:54
  Speaker 2: Where are you from?
• 1:36:55
  Speaker 4: New Orleans?
• 1:36:56
  Speaker 2: You notice I just want I just want to travel.
• 1:37:00
  Speaker 2: I just want to travel.
• 1:37:02
  Speaker 16: Me and tramp I got a lot in common from
• 1:37:04
  Speaker 16: New Orleans living in Atlanta.
• 1:37:05
  Speaker 2: You feel me, you feel me.
• 1:37:09
  Speaker 16: Up with the mask on.
• 1:37:14
  Speaker 4: We just know each other, Yo, we just knew it one.
• 1:37:17
  Speaker 2: I know where she's from. Thank you.
• 1:37:21
  Speaker 4: That's e y L. When if you ever see me, man,
• 1:37:24
  Speaker 4: we can link this. We had to sit down. This
• 1:37:26
  Speaker 4: all love.
• 1:37:27
  Speaker 5: Let's get a few more questions before shout out to
• 1:37:30
  Speaker 5: end on the check in.
• 1:37:31
  Speaker 2: YO, Saint Patrick has checked in he said, he said,
• 1:37:35
  Speaker 2: just keep it. You good says.
• 1:37:37
  Speaker 3: Let's go to Jeremy, Jeremy Pool, we come to you.
• 1:37:39
  Speaker 3: I mute yourself. You've been unmuted.
• 1:37:43
  Speaker 17: How y'all doing, how y'all doing?
• 1:37:45
  Speaker 2: What's good?
• 1:37:45
  Speaker 5: My gun?
• 1:37:46
  Speaker 17: I'm good, brother, I'm good man. I missed out of
• 1:37:49
  Speaker 17: the book club I just started.
• 1:37:50
  Speaker 2: I'm looking like yo, I ain't seen you on Sunday.
• 1:37:52
  Speaker 17: It's all love, bro, Yeah, yeah, yeah, anyone that missed that,
• 1:37:55
  Speaker 17: they gotta do. That's the community of love and empowerment
• 1:37:58
  Speaker 17: for sure right there.
• 1:38:00
  Speaker 2: And you definitely add to a man, So shout out
• 1:38:01
  Speaker 2: to you.
• 1:38:02
  Speaker 17: Yeah, I appreciate that, hey, trap man, Like I just
• 1:38:05
  Speaker 17: honestly like what you're doing, what you continue to do,
• 1:38:07
  Speaker 17: its like it's inspirational.
• 1:38:09
  Speaker 4: So like that's just what I got to start, because
• 1:38:11
  Speaker 4: your story is my story, man.
• 1:38:13
  Speaker 17: So my real question really is, like what was the
• 1:38:17
  Speaker 17: hardest tapping into like a new mindset because retaining wealth
• 1:38:23
  Speaker 17: is way different than the street life of surviving and
• 1:38:25
  Speaker 17: trying to trying to thrive and hold it. So like
• 1:38:29
  Speaker 17: that that's the key because now, like I've been out
• 1:38:31
  Speaker 17: for the last five and just yeah, I appreciate that
• 1:38:36
  Speaker 17: I've been out for the last five and it's been
• 1:38:37
  Speaker 17: like nine to five check the check.
• 1:38:42
  Speaker 2: And I've learned.
• 1:38:43
  Speaker 17: I've learned to be cool with that right now. I've
• 1:38:45
  Speaker 17: learned not to chase. I learned to stick to the script,
• 1:38:48
  Speaker 17: play by the rules, and live a life of purpose now.
• 1:38:52
  Speaker 17: But really, what's the mindset that you went from the
• 1:38:55
  Speaker 17: survival to thriving to hold on to the wealth?
• 1:38:58
  Speaker 4: So good Man's that's that's that's that's literally that was
• 1:39:01
  Speaker 4: it for me. So one of how how I was
• 1:39:04
  Speaker 4: it able to make.
• 1:39:05
  Speaker 14: The switch, I'm not gonna lie. I had to just
• 1:39:07
  Speaker 14: tell myself like and this ain't it. And I'm gonna
• 1:39:10
  Speaker 14: tell you something.
• 1:39:12
  Speaker 4: I don't want you to just.
• 1:39:15
  Speaker 14: Settle for where you're at if you know that ain't
• 1:39:17
  Speaker 14: what you want. Like because hustler, the hustler like you,
• 1:39:21
  Speaker 14: A hustler like you, You cool with betting on yourself? Right,
• 1:39:25
  Speaker 14: You cool with betting on yourself. All we got to
• 1:39:27
  Speaker 14: do now is find something something else you to bet
• 1:39:29
  Speaker 14: on yourself with. You feel me like, don't know that
• 1:39:33
  Speaker 14: hustler spirit, broh, Like a lot of people don't have that.
• 1:39:35
  Speaker 14: I'm gonna just be real with you. People ask me
• 1:39:37
  Speaker 14: all the time. Like even my sisters, she'd be like, bro,
• 1:39:39
  Speaker 14: you don't stop. I'm like, I'm a hustler man, like
• 1:39:42
  Speaker 14: I know how to get it. Like that's what keep
• 1:39:44
  Speaker 14: me going, that's what's gonna separate me. That's what's gonna
• 1:39:46
  Speaker 14: separate you from a lot of people. Man, you got that,
• 1:39:48
  Speaker 14: but you got to find something else you're willing to
• 1:39:50
  Speaker 14: and then you saying like you're willing to build a wealth.
• 1:39:52
  Speaker 14: It's somebody out here need to hear you. You feel
• 1:39:55
  Speaker 14: what I'm saying, just like people hear me all the time,
• 1:39:57
  Speaker 14: Like it's somebody out here need to hear you. It's
• 1:39:59
  Speaker 14: something you real good at. The hustle was just one product.
• 1:40:02
  Speaker 14: You need to find another product. But the mindset for
• 1:40:05
  Speaker 14: me was it was simple. It was like, Okay, I
• 1:40:07
  Speaker 14: need to do something bigger than me. And what helped me,
• 1:40:09
  Speaker 14: I'm not gonna lie it was my daughter, Like that
• 1:40:11
  Speaker 14: was it.
• 1:40:12
  Speaker 4: That was the humble for me.
• 1:40:13
  Speaker 14: That was the like, oh okay, that's how we do it.
• 1:40:17
  Speaker 14: And then it started saying I got to do something
• 1:40:19
  Speaker 14: that's bigger than myself. You know what I'm saying, Like
• 1:40:21
  Speaker 14: if I know I'm hustling, I'm grinding. I know, I'm
• 1:40:23
  Speaker 14: I was withing the risk of my life every day
• 1:40:24
  Speaker 14: all that it's because I ain't had no kid. Like
• 1:40:27
  Speaker 14: once I had my kid, it was like, Okay, somebody
• 1:40:29
  Speaker 14: really need me here. You know what I'm saying, I'm
• 1:40:31
  Speaker 14: just being real, Like I felt like, okay, somebody like
• 1:40:34
  Speaker 14: I didn't want her to run across to me. You
• 1:40:36
  Speaker 14: know what I'm saying, like real talk, no, no, no
• 1:40:39
  Speaker 14: sugarcoat it. I didn't want her to run across from
• 1:40:41
  Speaker 14: me at twenty five six seller, I didn't want her
• 1:40:45
  Speaker 14: to run across from me.
• 1:40:46
  Speaker 4: I didn't want this world to dictate to her how
• 1:40:49
  Speaker 4: she's supposed to live her life like, and I knew
• 1:40:52
  Speaker 4: I had to be here for that right.
• 1:40:54
  Speaker 14: So now it was becoming okay, how do I transform
• 1:40:57
  Speaker 14: the mindset and always look at her? I literally just said,
• 1:40:59
  Speaker 14: my daughter, mama a picture of a video of my
• 1:41:02
  Speaker 14: daughter when she was three. I often look at those
• 1:41:04
  Speaker 14: because they keep me humbling, you know what I'm saying.
• 1:41:06
  Speaker 14: So find a purpose that's bigger than you. Understand that
• 1:41:09
  Speaker 14: the wealth is going to change your minds. It's gonna
• 1:41:11
  Speaker 14: change your life.
• 1:41:11
  Speaker 5: I promise you this.
• 1:41:12
  Speaker 14: Man Like, once you start attaining well, it changes your mindset.
• 1:41:17
  Speaker 14: You already a hustling. You saw you a hustle from
• 1:41:19
  Speaker 14: old like me, right, so you know a lot of
• 1:41:21
  Speaker 14: the stuff that going to dig you not with. So
• 1:41:23
  Speaker 14: you got a different type of principles, you know what
• 1:41:25
  Speaker 14: I'm saying. You got a different type of vision that
• 1:41:28
  Speaker 14: a lot of people don't have. Don't don't don't let
• 1:41:30
  Speaker 14: that lead dorm it. I promise you can't.
• 1:41:32
  Speaker 4: Don't let that lead doing it.
• 1:41:34
  Speaker 17: That's that's yeah, I'm I'm tapped in already, man. Like
• 1:41:37
  Speaker 17: my house ship is just helping people that's been in
• 1:41:40
  Speaker 17: our situation. I work with addicts like I found, I
• 1:41:42
  Speaker 17: found my purpose, like definitely, and I've been building on that.
• 1:41:46
  Speaker 17: It's just again like it's sometimes worrying about that survival piece,
• 1:41:50
  Speaker 17: you know, because I got two little ones too.
• 1:41:52
  Speaker 4: Man, it's it so I get it.
• 1:41:55
  Speaker 17: Man like that that's love for real, that's real love,
• 1:41:58
  Speaker 17: Like I get it. Just be patient, staying out lanes,
• 1:42:01
  Speaker 17: stick to the script.
• 1:42:02
  Speaker 4: Because what happens is we get you know, and I'm
• 1:42:05
  Speaker 4: gonna be rid even if being in the streets.
• 1:42:07
  Speaker 14: We have a level of patience, right, you know what
• 1:42:11
  Speaker 14: the next thing like for me when I was doing
• 1:42:13
  Speaker 14: when I was doing one thing, like my goal was
• 1:42:16
  Speaker 14: to get to the next level, like and I'm gonna
• 1:42:17
  Speaker 14: just say like when I was getting a quarter, it
• 1:42:19
  Speaker 14: was like, all right, I gotta get an own, and
• 1:42:21
  Speaker 14: I'll have to go back and forth to I have
• 1:42:23
  Speaker 14: enough to get an own, and I got ann. The
• 1:42:25
  Speaker 14: next thing to get a tune a quarter like all right,
• 1:42:27
  Speaker 14: cool col cool. The next thing to get a full
• 1:42:28
  Speaker 14: and a half like cool cool. The next thing is
• 1:42:30
  Speaker 14: to get a nine piece like cool cool. The next
• 1:42:32
  Speaker 14: thing is to get a break, but I never got to.
• 1:42:34
  Speaker 14: But so you have a level of patience, the hustle
• 1:42:36
  Speaker 14: of the goal is in front of you. What your
• 1:42:38
  Speaker 14: next level is. Start asking yourself what's the next level? Right,
• 1:42:41
  Speaker 14: what's the next level you're trying to go to? Don't
• 1:42:43
  Speaker 14: see the whole thing. Sometimes even in red Dollar, your
• 1:42:46
  Speaker 14: bookie say, sometimes you got big, bigger picture thingers you
• 1:42:49
  Speaker 14: see people who see it from level to level. It's
• 1:42:51
  Speaker 14: okay to see it from level the level, right, because
• 1:42:53
  Speaker 14: your next level that's gonna motivate you.
• 1:42:55
  Speaker 2: Right.
• 1:42:55
  Speaker 14: Sometimes people quit the race because they can't see the
• 1:42:57
  Speaker 14: finish line. But in the relay race, right, That's why
• 1:42:59
  Speaker 14: I said it's a marathon, not a sprint and a
• 1:43:02
  Speaker 14: relay race. All you're looking for is to go to
• 1:43:03
  Speaker 14: the next person and get a.
• 1:43:04
  Speaker 4: Bad tone to.
• 1:43:05
  Speaker 14: Your kids are the person you're giving a bad tone to.
• 1:43:07
  Speaker 14: So now let's just get you to the next level
• 1:43:09
  Speaker 14: every time, right, And that's gonna keep that's what. And
• 1:43:11
  Speaker 14: I'm just giving you a keep me at that place
• 1:43:14
  Speaker 14: and then start putting yourself around people who can feed you.
• 1:43:16
  Speaker 4: That's why I love a shot and Choice so much.
• 1:43:17
  Speaker 14: They feed Troy call me at eleven o'clock the day
• 1:43:20
  Speaker 14: I was in my house building the desk, and he
• 1:43:23
  Speaker 14: was like, you look like me, and we immediately start
• 1:43:24
  Speaker 14: having a conversation about desting and things like that.
• 1:43:27
  Speaker 4: So that's the next important.
• 1:43:28
  Speaker 2: Thing you need to be.
• 1:43:29
  Speaker 4: So you're a good seed with you right now.
• 1:43:31
  Speaker 14: I'm not gonna say you are in bad saw you,
• 1:43:33
  Speaker 14: but to saw you in it's not nurturing you right now.
• 1:43:35
  Speaker 14: So you got to get in something. You got to
• 1:43:36
  Speaker 14: get around people who willing to nurture you and help
• 1:43:38
  Speaker 14: you build on where you're at.
• 1:43:40
  Speaker 2: He came to the right place. He came to the
• 1:43:43
  Speaker 2: right place.
• 1:43:44
  Speaker 3: That's that's how God man like I said, Jeremy. I
• 1:43:47
  Speaker 3: knew you wasn't there because I missed your presence. Man,
• 1:43:50
  Speaker 3: and happy things giving to you and your family.
• 1:43:52
  Speaker 6: Bro.
• 1:43:52
  Speaker 5: Bless you, God, bless you jam.
• 1:43:54
  Speaker 4: Any time man you want to shoot, man shooting at you,
• 1:43:56
  Speaker 4: and I don't mind having that necess.
• 1:44:00
  Speaker 2: Just Sandra, we're coming to you. I haven't seen that
• 1:44:02
  Speaker 2: name before. Hopefully I got it right.
• 1:44:04
  Speaker 5: Appreciate the super chair love Brother, Appreciate Susie. Appreciate the
• 1:44:07
  Speaker 5: super chair love. TC Appreciate the super chair love Sandra.
• 1:44:11
  Speaker 2: Oh wait she did?
• 1:44:11
  Speaker 5: Yeah you did?
• 1:44:12
  Speaker 2: All right? What's up?
• 1:44:13
  Speaker 4: Hi?
• 1:44:13
  Speaker 6: How are you?
• 1:44:15
  Speaker 2: Did I get it right?
• 1:44:16
  Speaker 5: Yes? You did?
• 1:44:18
  Speaker 6: Yes, thank you.
• 1:44:23
  Speaker 5: I am so excited.
• 1:44:24
  Speaker 4: I'm a new earner.
• 1:44:25
  Speaker 9: I've probably been with you guys for about a month,
• 1:44:28
  Speaker 9: and I'm just soaking everything and it's just it's a
• 1:44:32
  Speaker 9: little bit overwhelming, but I'm excited.
• 1:44:35
  Speaker 6: I have a question about.
• 1:44:39
  Speaker 9: I kind of started dabbling in stocks in August and
• 1:44:43
  Speaker 9: I have, unfortunately quite a few. I have like twenty
• 1:44:47
  Speaker 9: four stocks, and I know I need to pare them down.
• 1:44:52
  Speaker 9: I'm up about four K since August, and so I'm
• 1:44:57
  Speaker 9: trying to I have a small all I ray, but
• 1:45:02
  Speaker 9: I was trying to figure out how to take the capital, Like,
• 1:45:08
  Speaker 9: what's the best move to take like capital gains and
• 1:45:12
  Speaker 9: have it reinvest If I'm invested in stocks that aren't dividends,
• 1:45:19
  Speaker 9: do you know what I'm saying?
• 1:45:22
  Speaker 4: Say it?
• 1:45:24
  Speaker 6: So? So I have I have stocks that have.
• 1:45:28
  Speaker 9: That I've gotten some some gains on, right, but they're
• 1:45:31
  Speaker 9: not necessarily dividends stocks like I don't either. They don't
• 1:45:35
  Speaker 9: have like quarterly dividends or whatever. So how do I without,
• 1:45:42
  Speaker 9: you know, like use the money that I have in
• 1:45:45
  Speaker 9: there to buy more stocks?
• 1:45:50
  Speaker 5: She wants to sell her profit? She wants to sell
• 1:45:52
  Speaker 5: her stock profit to buy more stocks, right, yes, yes.
• 1:45:55
  Speaker 4: How do I don't like that?
• 1:45:59
  Speaker 14: Even if you don't pay dividends, you still play capital
• 1:46:01
  Speaker 14: games once you see a profit, right, So if you,
• 1:46:04
  Speaker 14: I will say this though, like make sure you hold
• 1:46:06
  Speaker 14: it for a year and a day first, please do
• 1:46:10
  Speaker 14: let's call it. Yeah, let's hold it for a year
• 1:46:12
  Speaker 14: and a day first. So we put those games down.
• 1:46:16
  Speaker 14: But I will say, if twenty four stocks, that mean
• 1:46:19
  Speaker 14: you you probably have some stocks in the same sector
• 1:46:21
  Speaker 14: you're doubling up. So let's go with the best pick
• 1:46:24
  Speaker 14: in each sector, your best feeling each second. Let's kind
• 1:46:27
  Speaker 14: of get that down to at least between eight and twelve. Okay,
• 1:46:31
  Speaker 14: you don't need twenty four doubling up. I know you're
• 1:46:33
  Speaker 14: doubling up.
• 1:46:34
  Speaker 4: So let's cop eight and twelve. Let's get it between
• 1:46:37
  Speaker 4: eight and twelve. So let's get your best twelve.
• 1:46:40
  Speaker 14: Okay, get your best twelve O eight to twelve depending
• 1:46:44
  Speaker 14: on what sector you in, and then let's focus on that.
• 1:46:46
  Speaker 14: So now what you sell off, and that's why I'm
• 1:46:48
  Speaker 14: telling you narrow it down at eight to twelve, because
• 1:46:50
  Speaker 14: what happens is this, you now the twelve, the twelve
• 1:46:54
  Speaker 14: that you will sell, you take offits and put them
• 1:46:57
  Speaker 14: in your best eight to twelve. You know what I'm saying,
• 1:46:59
  Speaker 14: and you'll maximize that, right And if it's a diffendend stock,
• 1:47:02
  Speaker 14: then you now just put a little put a little
• 1:47:05
  Speaker 14: extra boots to it, because now that's going to bring
• 1:47:06
  Speaker 14: your games up a little more.
• 1:47:08
  Speaker 2: To Sandra, that you're not alone in that.
• 1:47:10
  Speaker 3: Like when when I was investing, I was looking at
• 1:47:13
  Speaker 3: my portfolio and I was like, Yo, I had Qualcomm,
• 1:47:16
  Speaker 3: I had TSM.
• 1:47:18
  Speaker 2: I was just like I had them all.
• 1:47:21
  Speaker 3: Like I was just like yo at video AMD, I'm like, yo,
• 1:47:23
  Speaker 3: I got five semiconductors.
• 1:47:26
  Speaker 2: It was like, Yo, you know what I'm saying. It
• 1:47:27
  Speaker 2: was like when you start looking at it, like, yo,
• 1:47:29
  Speaker 2: what secting? I really do? Like take the two best?
• 1:47:32
  Speaker 2: Take the two best.
• 1:47:34
  Speaker 14: And when you have a lot of times when people
• 1:47:35
  Speaker 14: have that minute stocks they doubling up in certain doubling
• 1:47:38
  Speaker 14: trippling up in certain sectors, you don't have to do that,
• 1:47:41
  Speaker 14: right And if you won't double and triple up in
• 1:47:42
  Speaker 14: a sector like that, and just get the ETF.
• 1:47:44
  Speaker 4: And if you want maximum games, pick one stock. You
• 1:47:47
  Speaker 4: know what I'm saying.
• 1:47:48
  Speaker 14: So you and a semiconductive stock, pick one, and you
• 1:47:50
  Speaker 14: really just say, I love this secret, then just get
• 1:47:52
  Speaker 14: the ETF as well.
• 1:47:54
  Speaker 4: You know what I'm saying. Now you can mitigate the
• 1:47:56
  Speaker 4: risk with the et UP and still get it extra shot.
• 1:47:59
  Speaker 14: He loves smmhor. I got to hear them see a movie.
• 1:48:04
  Speaker 14: So definitely we want to cut that twenty four down
• 1:48:07
  Speaker 14: to at least eight to twelve, you know what I'm saying,
• 1:48:09
  Speaker 14: and then pick your best twelve Awesome.
• 1:48:12
  Speaker 4: Yeah, I think you know.
• 1:48:15
  Speaker 9: What I was doing was just buying things that like
• 1:48:17
  Speaker 9: I'm a consumer of and thinking, well, if I'm going
• 1:48:20
  Speaker 9: to keep them in business, and the stocks doing like
• 1:48:23
  Speaker 9: halfway decent. Then you know, that was kind of my strategy,
• 1:48:26
  Speaker 9: which obviously I know that that's not a good strategy.
• 1:48:29
  Speaker 9: And now that I've been you know, introduced to you guys,
• 1:48:32
  Speaker 9: so I'm I'm going to work on that.
• 1:48:34
  Speaker 6: Thank you so much. I appreciate your time and you awesome.
• 1:48:37
  Speaker 4: Be cool with that.
• 1:48:38
  Speaker 14: Like, what I do love about it is what I
• 1:48:40
  Speaker 14: love about everybody in here, whether there earners or trappers.
• 1:48:45
  Speaker 14: The idea that you actually invest in anyway is what's
• 1:48:48
  Speaker 14: important to us. We can get you in the right
• 1:48:50
  Speaker 14: place over the long term. The fact that you in
• 1:48:52
  Speaker 14: the market. Remember my saying time in the market is
• 1:48:55
  Speaker 14: better than timing the market, right, So the fact that
• 1:48:58
  Speaker 14: you're in the market is amazing. We can work on
• 1:49:00
  Speaker 14: technique and the loans like a box. As long as
• 1:49:02
  Speaker 14: he got the halt to fight, we can give him
• 1:49:04
  Speaker 14: the skills. Later on he she got the hal to fight,
• 1:49:06
  Speaker 14: we can work on your jab and left hook along
• 1:49:08
  Speaker 14: the way.
• 1:49:10
  Speaker 5: I appreciate that. Great question. Yeah, we're gonna close it
• 1:49:14
  Speaker 5: out before we finish, So we're gonna give away the
• 1:49:16
  Speaker 5: last thousand. We gave away the first thousand, get with
• 1:49:18
  Speaker 5: the last thousand before we do that trap. Tell us
• 1:49:21
  Speaker 5: about the blue Magic, the Family Pack situation.
• 1:49:25
  Speaker 4: Money. Yeah, I need to give you a thousand to them, Bro, you.
• 1:49:33
  Speaker 5: Want to give away a thousand dollars? Yeah all right,
• 1:49:36
  Speaker 5: so at the end, at the end, please do not
• 1:49:37
  Speaker 5: don't wait wait no, yeah yeah yeah yeah.
• 1:49:42
  Speaker 4: Something better. I got something better, Bro, I got something better.
• 1:49:46
  Speaker 4: I got I'm gonna buy.
• 1:49:50
  Speaker 14: I'm I'm gonna give one person an early leasion scholarship.
• 1:49:54
  Speaker 5: Man's men, I appreciate that better than money.
• 1:49:58
  Speaker 4: Man, that's better than I'm a big time I'm trying
• 1:50:02
  Speaker 4: to feed your family.
• 1:50:03
  Speaker 5: Man, how are you gonna how are you gonna pick
• 1:50:05
  Speaker 5: the person?
• 1:50:06
  Speaker 2: Y'all?
• 1:50:06
  Speaker 4: I'm gonna do it. I'm gonna let y'all do it.
• 1:50:07
  Speaker 2: Man, I got my people on it right now.
• 1:50:11
  Speaker 4: I'm gonna let your pot.
• 1:50:14
  Speaker 5: We're gonna have Janet in the YouTube. She's gonna pick
• 1:50:15
  Speaker 5: somebody in YouTube, and they're.
• 1:50:17
  Speaker 14: Gonna I'll buy somebody that way. We just because that's
• 1:50:20
  Speaker 14: what the Family Pack is all about. That's what the
• 1:50:22
  Speaker 14: weld pack is all about. If I give you money
• 1:50:24
  Speaker 14: and you don't know what to do it, you're gonna
• 1:50:26
  Speaker 14: blow the money. You know what I'm saying. We give
• 1:50:28
  Speaker 14: you kids a million dollars and your kids don't know
• 1:50:30
  Speaker 14: what to do with it, and they're gonna waste a
• 1:50:33
  Speaker 14: million dollars, right, But if you teach them how to fish,
• 1:50:37
  Speaker 14: and if you teach them how to feed theirselves, and
• 1:50:39
  Speaker 14: you teach them how to feed the next generation, now
• 1:50:42
  Speaker 14: we can.
• 1:50:42
  Speaker 4: Turn our last names into an asset. And that's what
• 1:50:44
  Speaker 4: that's all about for us. You know what I'm saying.
• 1:50:46
  Speaker 14: That's what the family pack, that's what the well packed,
• 1:50:48
  Speaker 14: that's what the plug generation is. Generational wealth it's all about.
• 1:50:52
  Speaker 14: It's a blueprint, it's a manual. It's a guy right
• 1:50:55
  Speaker 14: on how to actually like teach our families how to
• 1:50:59
  Speaker 14: build wealth, but not just how to build it, but
• 1:51:01
  Speaker 14: how to sustain it, how to secure it.
• 1:51:04
  Speaker 4: You feel what I'm saying.
• 1:51:05
  Speaker 14: So one of the things is like, that's why we
• 1:51:08
  Speaker 14: go over the different types of trust. It's not about
• 1:51:11
  Speaker 14: getting the money, it's about learning how to protect the money.
• 1:51:14
  Speaker 14: It's like I read the Franklin man Clean and sold.
• 1:51:17
  Speaker 14: Her empires were eighty five million dollars. When she died,
• 1:51:20
  Speaker 14: it was instantly cut in half.
• 1:51:22
  Speaker 4: It was far to two million. You know what I'm saying.
• 1:51:24
  Speaker 4: We don't want to do that. You know what I'm saying.
• 1:51:26
  Speaker 4: We don't want work hard, We don't want get it
• 1:51:28
  Speaker 4: out the mud.
• 1:51:29
  Speaker 14: They get the money, leave it to our kids, and
• 1:51:31
  Speaker 14: then they done got caught up in probate.
• 1:51:33
  Speaker 4: You know what I'm saying.
• 1:51:34
  Speaker 14: Our stay caught up in probate. The courts got our
• 1:51:37
  Speaker 14: money tied up, right.
• 1:51:39
  Speaker 4: So that's what it's about. It's about showing us how
• 1:51:41
  Speaker 4: to invest.
• 1:51:42
  Speaker 14: In these growth stocks, how to set these custodio counts up,
• 1:51:45
  Speaker 14: learning the difference between the two types of custodio counts,
• 1:51:48
  Speaker 14: learning how to use the five twenty nine plan. Like,
• 1:51:51
  Speaker 14: that's the important. That's what we're doing, yo. Like, and
• 1:51:54
  Speaker 14: it's like we said before, man like for a year
• 1:51:57
  Speaker 14: some change, we've been just giving stocks.
• 1:51:59
  Speaker 4: Like that's cool. We've been giving stocks for a year
• 1:52:01
  Speaker 4: and some change. All right, cool.
• 1:52:03
  Speaker 14: Now, let's teach you how to really feeld wealth. Like
• 1:52:07
  Speaker 14: let's show you why, you know, Jeff Beezel's made three
• 1:52:11
  Speaker 14: billion dollars in a day. Let's show you why Elon
• 1:52:13
  Speaker 14: Musk increases value by one hundred million just year to
• 1:52:17
  Speaker 14: date from January one till now, and he's not going
• 1:52:20
  Speaker 14: to lose that. It's the reason why they can give
• 1:52:22
  Speaker 14: up what's called that pledge to give all their rol back.
• 1:52:25
  Speaker 14: It's the reason why they do all this, you know
• 1:52:28
  Speaker 14: what I'm saying. It's a reason why they do this.
• 1:52:30
  Speaker 14: And so now we got to stop being consumers, right,
• 1:52:33
  Speaker 14: we got to start being earn us. You know what
• 1:52:35
  Speaker 14: I'm saying.
• 1:52:36
  Speaker 2: We got to stall pun intended all pun.
• 1:52:39
  Speaker 5: You know what I'm saying.
• 1:52:41
  Speaker 4: That's what we hit from.
• 1:52:42
  Speaker 2: Man.
• 1:52:42
  Speaker 14: That's what the well pack is all about. It's about
• 1:52:45
  Speaker 14: educating the culture in a way that's different than anybody
• 1:52:48
  Speaker 14: this This is not I promise y'all, Yo, there's nothing
• 1:52:51
  Speaker 14: like this.
• 1:52:52
  Speaker 4: There's nothing literally.
• 1:52:55
  Speaker 14: Like if you look on my post today, somebody said,
• 1:52:57
  Speaker 14: brod think this is your best word ever. I went
• 1:52:59
  Speaker 14: into that knowing my intention was different. Like I said,
• 1:53:03
  Speaker 14: we've been giving away stocks for a year and a half. Now,
• 1:53:05
  Speaker 14: if you just took some of the free game that
• 1:53:07
  Speaker 14: myself and in Rashah, you just took some of the
• 1:53:10
  Speaker 14: stocks we gave y'all within the last year or six months, then.
• 1:53:16
  Speaker 4: You up fifty sixty, seventy percent. Easy.
• 1:53:20
  Speaker 14: But when people got to ask things like when do
• 1:53:23
  Speaker 14: I sell? How do I find a stock? And I mean,
• 1:53:27
  Speaker 14: we got to go back in the lab and we
• 1:53:29
  Speaker 14: got to touch the people on a whole different level. Right,
• 1:53:31
  Speaker 14: if people don't know about insurance, we got to go
• 1:53:33
  Speaker 14: talk about it on a whole different level. Right if
• 1:53:36
  Speaker 14: people don't know, like what like that's one of the
• 1:53:38
  Speaker 14: things we got set up in there. I literally took
• 1:53:41
  Speaker 14: and I'm gonna just say this because I know Rashata,
• 1:53:43
  Speaker 14: I took a whole two families, and I took their
• 1:53:47
  Speaker 14: whole trust set up, put it on the screen, show
• 1:53:51
  Speaker 14: and walk through a bit like Troy.
• 1:53:53
  Speaker 4: It took me an hour just going troub like track.
• 1:53:58
  Speaker 4: I'm like, give me some wal let's go.
• 1:54:00
  Speaker 14: You know what I'm saying, so we can see understand
• 1:54:04
  Speaker 14: how this happens, right, and what we need to do
• 1:54:08
  Speaker 14: Wealthy people live. Put the blueprint out there for us.
• 1:54:11
  Speaker 14: The problem is we're so caught up with being entertained,
• 1:54:14
  Speaker 14: we don't we forget to get educated. So now we
• 1:54:17
  Speaker 14: give you all forty two plus modules five hours worth
• 1:54:20
  Speaker 14: of just trying to get educated. You want to do
• 1:54:22
  Speaker 14: something with your family, turn the TV off, put your
• 1:54:25
  Speaker 14: computer on, and tap into that weld pack Man bro forty.
• 1:54:29
  Speaker 5: Two and it's a guarantee, how to tell, how to
• 1:54:32
  Speaker 5: make it get a millionaire? Two. Don't forget that.
• 1:54:34
  Speaker 2: I even the hearing you say it is like, Yo,
• 1:54:37
  Speaker 2: it was forty two midules. That's so crazy.
• 1:54:39
  Speaker 5: Where can they get I'm gonna put the link in
• 1:54:42
  Speaker 5: on him Pennant. It's called Trapping. I n with EYL.
• 1:54:46
  Speaker 5: It's on our website also, and I'm a Pennant in YouTube.
• 1:54:49
  Speaker 5: So seventy trap was doing seventy five percent off of
• 1:54:52
  Speaker 5: the first two hundred people, which that actually expired, but
• 1:54:56
  Speaker 5: he he reuppted that for the next two hundred people,
• 1:54:59
  Speaker 5: So seventy five percent off for the next two hundred people,
• 1:55:01
  Speaker 5: and then after that runs out, I think it's gonna
• 1:55:03
  Speaker 5: be fifty percent off. It's still gonna be a discount.
• 1:55:05
  Speaker 5: But the Black Friday seventy five percent is just like
• 1:55:08
  Speaker 5: a first come, first serve. What do they gotta do
• 1:55:10
  Speaker 5: to get? They got dmu plug.
• 1:55:13
  Speaker 14: So if y'all just you know, because I like, you know,
• 1:55:16
  Speaker 14: the trapper and me will always be alive, right, it
• 1:55:19
  Speaker 14: ain't going nowhere.
• 1:55:20
  Speaker 4: I still like to serve hand in hand. I still
• 1:55:24
  Speaker 4: like to put it in the bag, put it on
• 1:55:26
  Speaker 4: the scale, and give it to you on.
• 1:55:29
  Speaker 2: Four Corners on the bag man, you already know.
• 1:55:33
  Speaker 4: So if you if you just won't, you know, you
• 1:55:35
  Speaker 4: won't get it from the plug himself. D and me
• 1:55:38
  Speaker 4: on Instagram the word plug.
• 1:55:41
  Speaker 14: And I was up last night till a minute, like shipping,
• 1:55:46
  Speaker 14: like getting the trappers in, and then today I just
• 1:55:50
  Speaker 14: you know, with me running around.
• 1:55:52
  Speaker 4: You know, some people fell shot.
• 1:55:54
  Speaker 14: So me, being a man of my word, I felt
• 1:55:56
  Speaker 14: like we had to give another at least give another
• 1:55:58
  Speaker 14: two hundred people a shot because of my flow, you
• 1:56:01
  Speaker 14: know what I'm saying, because of my error.
• 1:56:02
  Speaker 4: So I'm always about manning up. So DM me the
• 1:56:05
  Speaker 4: word plug. I got my phone right here by me,
• 1:56:08
  Speaker 4: right and so we're gonna trap man for sure.
• 1:56:12
  Speaker 3: Real quick chat chat with Charlie on YouTube. Email Janet
• 1:56:17
  Speaker 3: at Earn Lisia. Chat with Charlie you got You're gonna
• 1:56:19
  Speaker 3: be a new earner and be part of EYL University.
• 1:56:23
  Speaker 3: Chat with Charlie from YouTube and that email Janet at
• 1:56:26
  Speaker 3: Earn your Lisia.
• 1:56:27
  Speaker 2: I'll get you right in.
• 1:56:28
  Speaker 5: All right, the moment you've all been waiting for, it's
• 1:56:31
  Speaker 5: about to get extremely ignorant in here before we do
• 1:56:34
  Speaker 5: that yet EYO University Code e YO fifty trapping with
• 1:56:40
  Speaker 5: E y L. That's an I N go to the
• 1:56:43
  Speaker 5: website or or DM trap the word plug. Now the
• 1:56:47
  Speaker 5: last thousand dollars will be thrown up in the air,
• 1:56:50
  Speaker 5: little UZI vert style. Drop your cash apps.
• 1:56:58
  Speaker 2: Good luck with that.
• 1:56:59
  Speaker 5: Let's do it.
• 1:57:02
  Speaker 2: You know, be safe out there tomorrow.
• 1:57:04
  Speaker 5: Be safe out there, and make sure you wear your mask.
• 1:57:07
  Speaker 2: Yeah, COVID is still real out here, man. Make sure
• 1:57:10
  Speaker 2: that you are bid by the guidelines. Wear mask.
• 1:57:13
  Speaker 3: But you know, if you're spending time with your family,
• 1:57:15
  Speaker 3: make sure that everybody's safe, and make sure that you
• 1:57:19
  Speaker 3: count your blessings and be really aware of what you're
• 1:57:24
  Speaker 3: thankful for in this year.
• 1:57:25
  Speaker 5: How were we gonna get the people from? I got it?
• 1:57:26
  Speaker 2: I got you know, I got already got it.
• 1:57:28
  Speaker 5: We good, you got ten?
• 1:57:29
  Speaker 2: Yeah, I got you give me five and that's about
• 1:57:31
  Speaker 2: to give me another file. So I got their cash.
• 1:57:33
  Speaker 6: Yeah.
• 1:57:34
  Speaker 5: We about to be about to spread some love the
• 1:57:37
  Speaker 5: old fashioned way.
• 1:57:39
  Speaker 6: Yeah.
• 1:57:40
  Speaker 5: Nothing says you love me like money education. Actually, you go.
• 1:57:45
  Speaker 2: Shoddy on right now.
• 1:57:46
  Speaker 4: I think it's the bro.
• 1:57:49
  Speaker 2: Since he put the silk suit on. Bro, he's been
• 1:57:51
  Speaker 2: on like a range man.
• 1:57:56
  Speaker 5: That's real talk, man.
• 1:57:58
  Speaker 2: He said, I need a silk soup.
• 1:58:01
  Speaker 4: It shody right here, man, I like it.
• 1:58:05
  Speaker 2: Real spicy.
• 1:58:08
  Speaker 1: Man.
• 1:58:09
  Speaker 5: Oh man, all right, we got we got it, we
• 1:58:12
  Speaker 5: got man.
• 1:58:13
  Speaker 2: You got your ten, I got I.
• 1:58:15
  Speaker 5: Got ten and you too. We got ten in and
• 1:58:17
  Speaker 5: eyo university zoom. We're going to send one hundred dollar.
• 1:58:20
  Speaker 5: We're sending that out right now too. So yeah, I
• 1:58:22
  Speaker 5: ain't thinking we capping. You could repost it in your
• 1:58:24
  Speaker 5: stories if you want, but once again, man, we thank
• 1:58:27
  Speaker 5: you guys for rocking with us. Enjoyed a holiday with
• 1:58:31
  Speaker 5: your family, whether you celebrate you know, Thanksgiving or not,
• 1:58:34
  Speaker 5: it's a day to just, you know, take some time
• 1:58:36
  Speaker 5: out and just be thankful for whatever you have. You
• 1:58:38
  Speaker 5: have a blessing, and there's always somebody less fortunate than you,
• 1:58:41
  Speaker 5: so just keep that in mind. And then it's like
• 1:58:44
  Speaker 5: I said, don't forget too. If you are fortunate enough
• 1:58:46
  Speaker 5: to pass a blessing on, help somebody else out, because
• 1:58:51
  Speaker 5: there's a lot of people that's struggling right now, like
• 1:58:54
  Speaker 5: I said, financially, mentally, emotionally, it's been a difficult year
• 1:58:59
  Speaker 5: for a lot of people. And you never know what
• 1:59:02
  Speaker 5: somebody is going through. You never know what your family
• 1:59:04
  Speaker 5: members going through. You never know what your friends, You
• 1:59:06
  Speaker 5: never know what your neighbor's going through. So sometimes you
• 1:59:09
  Speaker 5: know just hello, how you doing, how's everything going? You
• 1:59:12
  Speaker 5: never know how that can change a person's whole day
• 1:59:15
  Speaker 5: and might might actually save their life. So make sure
• 1:59:18
  Speaker 5: you check out episode one ten out right now. Make
• 1:59:22
  Speaker 5: sure you check out market Mondays out right now. Make
• 1:59:25
  Speaker 5: sure you check out Trapping Tuesdays. We was on that
• 1:59:27
  Speaker 5: yesterday out right now, and then Friday, of course that
• 1:59:30
  Speaker 5: was dope, and then Friday we got study Hall. So
• 1:59:34
  Speaker 5: check that out on the podcast outlets. And once again,
• 1:59:36
  Speaker 5: thank you for making us. What comes after quadruple?
• 1:59:41
  Speaker 4: Uh is it?
• 1:59:42
  Speaker 2: What's what's five?
• 1:59:43
  Speaker 5: I don't know, sin quick blue?
• 1:59:46
  Speaker 4: What what now?
• 1:59:48
  Speaker 2: We five times platinum in the streets?
• 1:59:50
  Speaker 5: Whatever comes after quadruple? That's what we are, man times platinum.
• 1:59:56
  Speaker 2: Listen, I need somebody recording this. They're gonna put this on.
• 1:59:59
  Speaker 3: I need Yeah, we can Yeah, I was thinking quin
• 2:00:03
  Speaker 3: quintuplet out in the street, five million downloads.
• 2:00:06
  Speaker 5: Quintumplet Platinum.
• 2:00:09
  Speaker 14: Need this shot of the ship every time, like real.
• 2:00:13
  Speaker 14: I don't want the old dude back at all. I
• 2:00:16
  Speaker 14: gotta give you the last supply of the black silk jumpers.
• 2:00:20
  Speaker 2: That's what.
• 2:00:23
  Speaker 3: Shot shot he came out tonight. That they be saying
• 2:00:25
  Speaker 3: with shot alive, but shot he came out to night.
• 2:00:29
  Speaker 2: Oh bro yo, Shot, go get something real quick? What
• 2:00:33
  Speaker 2: go get it? Get it? Hold the po trap stay
• 2:00:36
  Speaker 2: right there, I'm going up real quick. IA bring some there,
• 2:00:38
  Speaker 2: all right, Yeah, I tell you, yeah.
• 2:00:41
  Speaker 5: Let's pay homage. Let's pay homage to two of the
• 2:00:45
  Speaker 5: greatest rappers to ever come out of Atlanta. Come on,
• 2:00:48
  Speaker 5: you see it, Let's pay They say that we they
• 2:00:51
  Speaker 5: say we show New York too much love your East
• 2:00:53
  Speaker 5: Coast bias, But you see what's behind me. We got
• 2:00:56
  Speaker 5: none other than the legendary trap music. Change the game.
• 2:01:00
  Speaker 5: Trap Music, one of my favorite albums of all time,
• 2:01:02
  Speaker 5: is the first time I listened to an album from
• 2:01:04
  Speaker 5: the South and really paid attention. And t I was
• 2:01:08
  Speaker 5: the first person to say trap music. And he literally
• 2:01:11
  Speaker 5: he invented trap music. T I invented trap music. I'm
• 2:01:14
  Speaker 5: gonna say I'm gonna say that of course, of course,
• 2:01:17
  Speaker 5: Jeezy Big j Zy, Big Trap, Big Snow, Big Snow Motivation,
• 2:01:22
  Speaker 5: Thug Motivation one O one changed the game a whole lot,
• 2:01:26
  Speaker 5: and that was It's dope to see both of their
• 2:01:28
  Speaker 5: progressions in life from where they started. Uh uh uh
• 2:01:33
  Speaker 5: huh yeah, uh uh uh huh uh huh uh euy
• 2:01:43
  Speaker 5: l University letter letter jack varsity jacket. We got earned
• 2:01:47
  Speaker 5: alsia right here, trap, that's a fact. We got we
• 2:01:57
  Speaker 5: got one for MG the Mortgage Guy, the edition, and
• 2:02:00
  Speaker 5: we got one for Ian also, we got one for
• 2:02:02
  Speaker 5: Ian MG the Mortgage Guy, and we're gonna we're gonna
• 2:02:05
  Speaker 5: get a couple of others. But that was the first.
• 2:02:07
  Speaker 5: That's the start.
• 2:02:09
  Speaker 4: No, no, nah, you can't do that.
• 2:02:11
  Speaker 5: You can't do that.
• 2:02:13
  Speaker 4: Yeah, we contract get it for the episode, but you
• 2:02:16
  Speaker 4: got to lave it's all good.
• 2:02:17
  Speaker 5: Hall of Fame Edition Edition, bro.
• 2:02:19
  Speaker 13: Yeah.
• 2:02:19
  Speaker 5: Yeah, we were waiting on i's and were waiting on
• 2:02:21
  Speaker 5: all MG's and I just got my my.
• 2:02:25
  Speaker 2: Wife wearing mine right now. You're probably gonna see on
• 2:02:27
  Speaker 2: I g to that she win it right now.
• 2:02:29
  Speaker 5: That's the start in five. That's the start in five.
• 2:02:31
  Speaker 5: And then we're gonna were gonna we're gonna give a
• 2:02:33
  Speaker 5: couple other bar of our favorite people some some jackets.
• 2:02:37
  Speaker 5: Those jackets are actually on sale right now on earn
• 2:02:39
  Speaker 5: a leisure dot com. That's that's uh swag swag, so
• 2:02:43
  Speaker 5: separately I.
• 2:02:45
  Speaker 4: I just want to tell you man, I appreciate you all. Man.
• 2:02:48
  Speaker 4: That's that's love.
• 2:02:50
  Speaker 6: Man.
• 2:02:51
  Speaker 5: And we got one from Miss Business. Also. We gotta
• 2:02:55
  Speaker 5: put a number eight on us, like you're just front
• 2:02:57
  Speaker 5: of me up break man. It's gonna be like the
• 2:03:06
  Speaker 5: Beyonce It's gonna be like the Beyonce pack. If you're
• 2:03:08
  Speaker 5: just gonna start sending them in the mail, We're gonna
• 2:03:11
  Speaker 5: start sending them in the mail to the various alumni.
• 2:03:14
  Speaker 5: You gotta be an alumni to get that though, is
• 2:03:16
  Speaker 5: the only way with that. You can get it from
• 2:03:18
  Speaker 5: the from the website, but from the from that standpoint. Yeah,
• 2:03:23
  Speaker 5: but that's that's like the Hall of Fame jacket. Yeah,
• 2:03:27
  Speaker 5: that's that's that's the that's the yellow jack, that's the
• 2:03:29
  Speaker 5: green jacket. If you got the masters, that's what that
• 2:03:31
  Speaker 5: is right there. It's like chaining day. Yeah, two episode
• 2:03:37
  Speaker 5: Hall of Fame edition.
• 2:03:38
  Speaker 4: Yeah, man, man, back and back, man.
• 2:03:40
  Speaker 14: I appreciate y'all, man, you know, I just appreciate y'all.
• 2:03:44
  Speaker 14: Just you know us building like the way we're building
• 2:03:48
  Speaker 14: the mission.
• 2:03:49
  Speaker 6: That we on.
• 2:03:50
  Speaker 14: Uh man, the coach and the people you know shot them,
• 2:03:52
  Speaker 14: like to say, the coach man, the people the people. Man,
• 2:03:57
  Speaker 14: they don't know what they don't know what we got
• 2:03:58
  Speaker 14: going man from Man, we were gonna we gotta shift
• 2:04:01
  Speaker 14: going on as like nothing else. Man, I'm telling y'all,
• 2:04:04
  Speaker 14: I'm glad to be a part of it. Man, I'm glad, y'all.
• 2:04:07
  Speaker 14: You know I can be my unique self all the time.
• 2:04:11
  Speaker 14: You know what I'm saying. So thank y'all. Man, I
• 2:04:13
  Speaker 14: appreciate for everything y'all do. I appreciate the brotherhood more
• 2:04:17
  Speaker 14: than anything else. Man, I appreciate the brotherhood. I come
• 2:04:20
  Speaker 14: to New York, I feel like I feel like see
• 2:04:23
  Speaker 14: y'all sleep on because I know New York music.
• 2:04:24
  Speaker 5: That's what.
• 2:04:27
  Speaker 14: I told y'all know about Norri and so y'all started
• 2:04:29
  Speaker 14: had a different kind of respect from me after that report.
• 2:04:33
  Speaker 14: Y'all had a different type of respect for me after
• 2:04:35
  Speaker 14: that bruh. So I just want to say, Man, I
• 2:04:37
  Speaker 14: appreciate that man for sure.
• 2:04:38
  Speaker 5: Man, Nah, Man, appreciate you. Brother. We're gonna wrap this up.
• 2:04:43
  Speaker 5: But if anybody has a PS five, yeah, please please
• 2:04:48
  Speaker 5: d m me. I'm trying to buy a PS five
• 2:04:51
  Speaker 5: for my son. What you watching, he knows I'm trying
• 2:04:54
  Speaker 5: to buy from all right, reach reatail, retail, retail, retail price, yes,
• 2:04:59
  Speaker 5: yes to Yeah, the one that costs five hundred dollars.
• 2:05:02
  Speaker 2: That's the one that doesn't take a disk. You gotta
• 2:05:04
  Speaker 2: download it. Yes, that's the one.
• 2:05:06
  Speaker 5: He needs to be responsible, ladies and gentlemen.
• 2:05:08
  Speaker 2: And d M. And if you find an Xbox out there,
• 2:05:10
  Speaker 2: d DM that tool so I can give one good look.
• 2:05:13
  Speaker 2: Appreciate DM.
• 2:05:14
  Speaker 5: Shotty, I gotta set you gotta be balanced. Family pack
• 2:05:19
  Speaker 5: PS five Yeah, both both, but if you got to
• 2:05:23
  Speaker 5: choose one, family pack is more important.
• 2:05:26
  Speaker 2: I got my We live in it. Fact, we live
• 2:05:29
  Speaker 2: in the family pack.
• 2:05:30
  Speaker 3: He yo, trap my brother. I mann hit you tomorrow,
• 2:05:33
  Speaker 3: SA happy Thanksgiving, but always love my guy. Take care
• 2:05:35
  Speaker 3: of the family over there in New Orleans.
• 2:05:38
  Speaker 4: And that's what I'm here for.
• 2:05:39
  Speaker 9: Man.
• 2:05:39
  Speaker 4: I appreciate y'all. Man, definitely joy the vibe. You got
• 2:05:42
  Speaker 4: a link man. Listen, man, everybody in this should get
• 2:05:45
  Speaker 4: the family pack.
• 2:05:46
  Speaker 2: Man.
• 2:05:47
  Speaker 4: It's a game change for sure.
• 2:05:50
  Speaker 2: All right, YouTube, we are out. We love you.
• 2:05:53
  Speaker 3: H e y l Earnest, we love you. Thank you, Janet,
• 2:05:57
  Speaker 3: appreciate you on the on the picking of the people
• 2:06:00
  Speaker 3: and all that you do. Shout out to Mike shouts
• 2:06:02
  Speaker 3: a small shout to Bam, shout to the whole EYL team.
• 2:06:05
  Speaker 5: EYL University man the best in the business.
• 2:06:08
  Speaker 2: Yeah you heard. That's a big fact. Everybody.
• 2:06:10
  Speaker 3: You have a great night and have a healthy, healthy,
• 2:06:13
  Speaker 3: healthy Thanksgiving, and enjoy yourselves and your family.
• 2:06:15
  Speaker 2: Love is love. We're going pe.
• 2:06:19
  Speaker 4: My graduates from my school being forced back.
• 2:06:23
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