Latest / Earn Your Leisure / 🚨 HOW TO START INVESTING IN 2026: STOCKS, BITCOIN, ETFs & HOW TO READ CHARTS

Transcript

🚨 HOW TO START INVESTING IN 2026: STOCKS, BITCOIN, ETFs & HOW TO READ CHARTS · Earn Your Leisure

• 0:00
  Speaker 1: The earlier we can convince people in our community that
• 0:02
  Speaker 1: they need to start investing, we'll see more people that
• 0:04
  Speaker 1: look like us start to generate wealth.
• 0:06
  Speaker 2: We have to be able to follow smart money and
• 0:08
  Speaker 2: not be dumb money.
• 0:09
  Speaker 3: Volatility really isn't the enemy, it's quitting.
• 0:11
  Speaker 4: If you start doing things out of your emotional discipline
• 0:14
  Speaker 4: in terms of investing, it could get bad very quickly.
• 0:17
  Speaker 5: It can really be easy and simple if you just
• 0:19
  Speaker 5: put your money in S & P 500. If you
• 0:21
  Speaker 5: do that consistently and you put more money in, you'll
• 0:25
  Speaker 5: technically be wealthy.
• 0:26
  Speaker 6: It's just a matter of when.
• 0:27
  Speaker 1: My biggest fear should not be any of these red
• 0:29
  Speaker 1: candles on this chart. My biggest fear should be to
• 0:32
  Speaker 1: not be participating in this uptrend.
• 0:34
  Speaker 7: It's not a matter of if the market's going to
• 0:35
  Speaker 7: pull back, really when.
• 0:36
  Speaker 4: How do I know it's a strong business? What are
• 0:38
  Speaker 4: the things that you're looking at from a fundamental standpoint?
• 0:41
  Speaker 7: Fundamentals is going to tell you what to buy. Technical
• 0:43
  Speaker 7: is going to tell you when. And then the other
• 0:44
  Speaker 7: part of.
• 0:44
  Speaker 2: It is your research.
• 0:45
  Speaker 8: Blockchain and crypto is going to revolutionize money and finance
• 0:48
  Speaker 8: and the way value moves.
• 0:50
  Speaker 2: What is the true value of this opportunity?
• 0:52
  Speaker 1: The goal should really be to to have enough assets
• 0:54
  Speaker 1: that gets you to that number where you're free from
• 0:56
  Speaker 1: having to work.
• 0:57
  Speaker 2: It's not a choice. It's not an option. That's the
• 0:59
  Speaker 2: future that we're going to.
• 1:00
  Speaker 1: There's a way to do this that you can really
• 1:02
  Speaker 1: make money. But if you're going to constantly try to gamble,
• 1:04
  Speaker 1: it's going to come with its losses as well.
• 1:08
  Speaker 6: Yes, sir.
• 1:08
  Speaker 9: Yeah, we back.
• 1:10
  Speaker 6: Welcome back. Welcome back.
• 1:12
  Speaker 5: Earn Your Leisure How-To Edition. Everything that we've done with
• 1:17
  Speaker 5: this How-To Edition has been a major hit. The last
• 1:19
  Speaker 5: one that we actually did was a couple of months ago.
• 1:22
  Speaker 5: Artificial Intelligence.
• 1:23
  Speaker 9: Alicia Little.
• 1:24
  Speaker 5: Alicia Little, queen of AI. And, you know, we try
• 1:27
  Speaker 5: to do these periodically on this real estate.
• 1:31
  Speaker 6: No, actually, yeah. Was it her or was it Vincent?
• 1:36
  Speaker 9: I think Vincent was right before her.
• 1:38
  Speaker 4: Or they were within the two weeks of each other.
• 1:41
  Speaker 4: Either way, I feel like each one of these how-tos,
• 1:44
  Speaker 4: people are seeing themselves inside the episodes and figuring out
• 1:47
  Speaker 4: how they can actually implement it.
• 1:49
  Speaker 9: The AI one was crazy.
• 1:50
  Speaker 4: I think, you know, we had a great turnout Live, obviously,
• 1:54
  Speaker 4: but a great turnout afterward. People are still going back,
• 1:57
  Speaker 4: watching it, and using the information. Because it's one of
• 1:59
  Speaker 4: these things that's evergreen, right? Like, you never stop learning. Obviously,
• 2:02
  Speaker 4: AI evolved. So you want to make sure that you
• 2:04
  Speaker 4: got it at a new point, which is last month.
• 2:07
  Speaker 4: So definitely a good one. And obviously, Vincent's with the HVAC.
• 2:11
  Speaker 9: That was great.
• 2:12
  Speaker 6: Yeah, for sure.
• 2:12
  Speaker 5: So this time, we wanted to highlight our community. EYL University,
• 2:17
  Speaker 5: something that we've been championing for over five years. And
• 2:20
  Speaker 5: we talk about it on Market Mondays a lot. So
• 2:22
  Speaker 5: you've probably seen highlights on social media. You've seen us
• 2:27
  Speaker 5: talk about it. But if you're not inside of EYL University,
• 2:31
  Speaker 5: you might not fully know everybody that's involved in EYL University.
• 2:36
  Speaker 5: So many brilliant minds that add to the community outside
• 2:41
  Speaker 5: of just choice options class, outside of MG, the mortgage guys,
• 2:47
  Speaker 5: homebuyers blueprint, which we have in the community outside of
• 2:50
  Speaker 5: the financial planning calls.
• 2:51
  Speaker 6: We have a great, great, great group of brilliant minds.
• 2:55
  Speaker 5: That teach inside of EY University, that add to the community,
• 2:59
  Speaker 5: that speak at InvestFest, do so much. So we have
• 3:02
  Speaker 5: an investing club and some of the pillars of that,
• 3:07
  Speaker 5: we have three. We have the Huda, Stephanie, and Austin.
• 3:10
  Speaker 5: And they each have their own special discipline as far
• 3:14
  Speaker 5: as what they really specialize in and what their commentary
• 3:19
  Speaker 5: will be based around. So For this episode, we're going
• 3:23
  Speaker 5: to do a how-to of how to invest. Something that
• 3:27
  Speaker 5: Ebro almost caught Rosenberg because he didn't know how to invest. So,
• 3:32
  Speaker 5: you know, a lot of times. But that highlights something
• 3:34
  Speaker 5: that's important. You know, he got on them about because
• 3:36
  Speaker 5: he didn't know how to invest. But if you've never
• 3:39
  Speaker 5: been taught how to invest and you don't know how
• 3:41
  Speaker 5: to invest. So we're going to cover a wide gambit.
• 3:45
  Speaker 5: We're going to go from A to Z when it
• 3:46
  Speaker 5: comes to investing and everything that you need to know.
• 3:49
  Speaker 6: Stocks and crypto. And I'm looking forward to it.
• 3:52
  Speaker 9: Yeah, I think it's important.
• 3:53
  Speaker 4: Like you said, a lot of people will hear about
• 3:55
  Speaker 4: my options class, but inside the options class, I always
• 3:58
  Speaker 4: give homework to the rest of the community and I
• 4:01
  Speaker 4: put it in trusted hands. And these are three of
• 4:02
  Speaker 4: the people that are just stars at EYLU. And like
• 4:07
  Speaker 4: you said, for different reasons, I love Austin because of
• 4:10
  Speaker 4: his in-depth knowledge and everybody knows I'm deep in the
• 4:13
  Speaker 4: bag when it comes to research. This guy is a
• 4:15
  Speaker 4: different level when it comes to deep in the bag
• 4:17
  Speaker 4: when we're talking about research and Listening to Stephanie and
• 4:20
  Speaker 4: watching her do technicals, I get to learn from it.
• 4:22
  Speaker 4: So I'm sure y'all are going to learn from it tonight.
• 4:24
  Speaker 4: And then Dahouda, his fundamental breakdown of how he's looking
• 4:27
  Speaker 4: at companies. I think we all can take a piece
• 4:29
  Speaker 4: of it and add it to our belt to make
• 4:31
  Speaker 4: us better. And so when you put all three of
• 4:33
  Speaker 4: those things together, you've got yourself a nice foundation of
• 4:37
  Speaker 4: where to go. So they do this twice a week
• 4:39
  Speaker 4: inside of the university. I know Steph does every Monday.
• 4:43
  Speaker 4: Every day we're trying to learn and we're learning together,
• 4:45
  Speaker 4: which is beautiful. So I'm glad we get to share
• 4:48
  Speaker 4: this stage with them because it's well-deserved.
• 4:50
  Speaker 5: All right, so let's bring them up. And then I
• 4:52
  Speaker 5: think they're going to do each individual presentations. And then
• 4:56
  Speaker 5: we'll recap at the end.
• 4:59
  Speaker 9: Let's do it. Let's do it. Let's do it. What's
• 5:01
  Speaker 9: going on, y'all?
• 5:02
  Speaker 6: Let's bring everybody up on the full screen so they
• 5:04
  Speaker 6: can see if we can.
• 5:05
  Speaker 9: All right, let's do it.
• 5:09
  Speaker 6: There we go. What's up? What's up?
• 5:11
  Speaker 9: Yeah, how y'all doing?
• 5:12
  Speaker 2: How y'all doing?
• 5:14
  Speaker 1: From volunteers to a podcast with EYL.
• 5:17
  Speaker 3: Crazy.
• 5:18
  Speaker 9: Crazy to be here.
• 5:20
  Speaker 4: It's been an eventful two years. Like I said, I
• 5:24
  Speaker 4: know the talent. I get to watch it firsthand. We
• 5:27
  Speaker 4: actually got a group chat now. Our group chat is
• 5:31
  Speaker 4: pretty good. But for the people who may not know,
• 5:34
  Speaker 4: I know, Austin, you had an episode already. Give them
• 5:38
  Speaker 4: a little breakdown on who you are and how you
• 5:40
  Speaker 4: got here.
• 5:41
  Speaker 7: So, yeah, my name is Dehuda Hunter. I'm the president
• 5:43
  Speaker 7: of the Investors Group. And, you know, with my experience
• 5:46
  Speaker 7: within the market since about 2020, helping out with the
• 5:49
  Speaker 7: Family Investment Club, it brought me to EYL. I've been
• 5:52
  Speaker 7: following EYL since 20, I'm going to say the end
• 5:56
  Speaker 7: of 2020 or 2021-ish. And then the opportunity came, Magda
• 6:00
  Speaker 7: dropped it in the community and I was just like,
• 6:01
  Speaker 7: why not? Why not? So let's ride out with this,
• 6:05
  Speaker 7: you know? So that's what got me here now. And
• 6:08
  Speaker 7: I have this beautiful team with me. We've been taking
• 6:10
  Speaker 7: it since then and still... It's amazing to see the
• 6:12
  Speaker 7: outpour and like how much people appreciate what we do
• 6:15
  Speaker 7: because it doesn't go unnoticed. We're very grateful for it.
• 6:19
  Speaker 9: Yeah.
• 6:20
  Speaker 1: And my name is Stephanie. I'm the vice president for
• 6:22
  Speaker 1: the investors group. And I actually came across you guys
• 6:25
  Speaker 1: for the first time on Market Monday.
• 6:26
  Speaker 3: I was a trader.
• 6:27
  Speaker 1: I've been actually trading options by itself since around 2021.
• 6:32
  Speaker 3: But I had a missing piece.
• 6:33
  Speaker 1: And so when I started listening to Market Mondays because
• 6:35
  Speaker 1: I had never started long term investing. And you guys
• 6:38
  Speaker 1: actually added that component to me, which was so vital.
• 6:40
  Speaker 1: I tell everybody I kind of grew up.
• 6:41
  Speaker 3: In EY University.
• 6:43
  Speaker 1: I'm 41 now, but I feel like I really grew
• 6:45
  Speaker 1: up in EY University because I matured as an investor
• 6:48
  Speaker 1: through learning through your options classes.
• 6:50
  Speaker 3: And then I saw the need. Magda was asking for volunteers.
• 6:53
  Speaker 1: And I was like, well, I know the technicals, but
• 6:56
  Speaker 1: really growing as a community, teaching other people has helped
• 6:59
  Speaker 1: me to grow so much. And I really thank you
• 7:01
  Speaker 1: guys so much for just allowing us to be part
• 7:03
  Speaker 1: of the university and everything that you guys have poured
• 7:05
  Speaker 1: into us.
• 7:07
  Speaker 6: No problem.
• 7:07
  Speaker 9: We appreciate you. We appreciate you.
• 7:09
  Speaker 5: And Austin, you can reintroduce yourself to anybody that hadn't
• 7:12
  Speaker 5: seen that episode.
• 7:13
  Speaker 9: Perfect.
• 7:14
  Speaker 8: So how's everyone doing? My name is Austin. I teach
• 7:18
  Speaker 8: crypto portion for the investors group for EYLU. I've been
• 7:22
  Speaker 8: researching crypto for about a decade now. I got into
• 7:25
  Speaker 8: it at first. It's a natural story of how everyone,
• 7:28
  Speaker 8: I think, has started investing. You invest at that high.
• 7:30
  Speaker 8: You don't know to buy something on the pullback. And
• 7:33
  Speaker 8: then when the crypto market turned around, I was confused.
• 7:35
  Speaker 2: I was lost. But I turned to research. I turned
• 7:38
  Speaker 2: to documentation.
• 7:39
  Speaker 8: And I ended up just studying research from institutions like
• 7:42
  Speaker 8: the Bank of International Settlements, the Federal Reserve, different governments
• 7:45
  Speaker 8: around the globe.
• 7:47
  Speaker 2: And that led me to be in EYLU.
• 7:50
  Speaker 8: And then once I was in EYLU, I saw Magda
• 7:53
  Speaker 8: make a post about wanting someone else to join the
• 7:55
  Speaker 8: investors group.
• 7:56
  Speaker 2: And I thought the same thing. Like, why not?
• 7:58
  Speaker 8: Like, I have a bank of thousands of documents and information. Like,
• 8:01
  Speaker 8: I want to be able to provide this information to
• 8:03
  Speaker 8: the community. because I think we're in a unique time
• 8:05
  Speaker 8: in history. And I'll touch on it in my presentation
• 8:07
  Speaker 8: as well. But we haven't been here before, in our
• 8:10
  Speaker 8: lifetimes at least. And I wanted to make sure I
• 8:12
  Speaker 8: emphasized that to the community. And it just has flourished
• 8:15
  Speaker 8: from there. So I'm definitely grateful for the opportunity.
• 8:18
  Speaker 6: All right. Okay. Okay.
• 8:19
  Speaker 5: So let's get into it. I know we have a presentation.
• 8:24
  Speaker 5: Who's first up to bat?
• 8:26
  Speaker 2: I'll be going first.
• 8:28
  Speaker 9: Okay. Okay. Okay. All right. So I'm going to put
• 8:30
  Speaker 9: everybody else in. In the background, backstage, real quick.
• 8:34
  Speaker 4: And Austin, we're going to bring you up with the presentation,
• 8:36
  Speaker 4: my guy.
• 8:37
  Speaker 2: Let's do it.
• 8:39
  Speaker 9: I'm never ready, man.
• 8:42
  Speaker 8: So, as I stated before, we're in a unique point
• 8:45
  Speaker 8: in history. But something that I want to emphasize on
• 8:48
  Speaker 8: this podcast today is that we've never before had an
• 8:51
  Speaker 8: asset where we can invest in the underlying technology and
• 8:55
  Speaker 8: the asset at the same time. When the internet first
• 8:57
  Speaker 8: came about, we weren't able to invest in the WWDOT
• 9:00
  Speaker 8: or the HTTP. We were only able to invest in
• 9:03
  Speaker 8: the companies that were built on top of that, like
• 9:05
  Speaker 8: the Alphabets, the Amazons.
• 9:07
  Speaker 2: The Metas, the Teslas.
• 9:10
  Speaker 8: But crypto and blockchain is our first technology where we
• 9:12
  Speaker 8: can invest in the underlying infrastructure as well as the asset.
• 9:16
  Speaker 8: And there's two separate things. And I think it's confusing
• 9:19
  Speaker 8: to look at it. And on top of that, everyone
• 9:21
  Speaker 8: wants to say zoom out on the stock chart. My
• 9:24
  Speaker 8: presentation today, I want to be able to zoom out
• 9:26
  Speaker 8: on history to let people know that we've been here
• 9:28
  Speaker 8: before with regulations. And it's the same common theme over
• 9:31
  Speaker 8: and over and over again.
• 9:33
  Speaker 2: But next slide, please.
• 9:38
  Speaker 8: To start off, I don't think people are realizing the
• 9:41
  Speaker 8: size of the opportunity at hand. Now, money is actually
• 9:44
  Speaker 8: the largest asset class on Earth. And as we know,
• 9:47
  Speaker 8: that blockchain and crypto is going to revolutionize money and
• 9:50
  Speaker 8: finance in the way value moves. And I know this
• 9:53
  Speaker 8: may sound surprising to people because we've never before have
• 9:56
  Speaker 8: been able to tap into this market cap. But when
• 9:59
  Speaker 8: you look at the total market cap of money, it's
• 10:03
  Speaker 8: the largest ever. Money underlines everything. It underpins every other
• 10:08
  Speaker 8: asset class, from the M2, the M3 money supply, to
• 10:11
  Speaker 8: real estate, to bonds, to equities, to private equity, to gold,
• 10:16
  Speaker 8: When you look at this and you realize that people
• 10:19
  Speaker 8: like Larry Fink, the CEO of BlackRock, says that we're
• 10:22
  Speaker 8: going to tokenize everything, all these asset classes are going
• 10:25
  Speaker 8: to be tokenized. But what does tokenization mean? What is
• 10:28
  Speaker 8: the true value of this opportunity? When you add up
• 10:31
  Speaker 8: all these asset classes together, it's roughly about $ 670 trillion.
• 10:34
  Speaker 8: I'm not saying that $ 670 trillion is going to come
• 10:38
  Speaker 8: to the crypto industry today or tomorrow or a month
• 10:40
  Speaker 8: from now, but post-regulations, which we'll touch on shortly, Even
• 10:45
  Speaker 8: if we get a 1%, 2%, 3% of the $ 670.
• 10:49
  Speaker 2: Trillion, that's massive, massive gains. Next slide, please. So what
• 10:55
  Speaker 2: is tokenization?
• 10:56
  Speaker 8: If we're able to tokenize every single asset class, that
• 11:00
  Speaker 8: has the opportunity.
• 11:00
  Speaker 2: To generate enormous amounts of wealth.
• 11:02
  Speaker 8: And every single institutional document that I've read, it's all
• 11:05
  Speaker 8: been the same common theme. And this is a document
• 11:07
  Speaker 8: straight from BlackRock to just describe what tokenization is. Because
• 11:11
  Speaker 8: everyone likes to talk about tokenization. Everyone likes to talk
• 11:13
  Speaker 8: about the asset classes that can touch. but no one
• 11:15
  Speaker 8: really describes to you exactly what it is. This document
• 11:17
  Speaker 8: for BlackRock goes on to say, what exactly is tokenization?
• 11:21
  Speaker 8: It's turning real-world assets, stocks, bonds, real estates, into digital
• 11:25
  Speaker 8: tokens tradable online. Each token certifies your ownership of a
• 11:29
  Speaker 8: specific asset, much like a digital deed. Unlike traditional paper certificates,
• 11:34
  Speaker 8: these tokens live securely on a blockchain, enabling instant buying, selling,
• 11:37
  Speaker 8: and transferring without cumbersome paperwork or waiting periods. Every stock,
• 11:41
  Speaker 8: every bond, every fund, every asset can be tokenized. If
• 11:44
  Speaker 8: they are, it will revolutionize investing. And that's something I
• 11:47
  Speaker 8: want to reread because that shouldn't go over everyone's head.
• 11:51
  Speaker 8: Every stock, every bond, every fund, every asset can be tokenized.
• 11:55
  Speaker 8: If they are, it will revolutionize investing. Markets wouldn't need
• 11:58
  Speaker 8: to close. Transactions that currently take days would clear in seconds.
• 12:01
  Speaker 8: And billions of dollars currently immobilized by settlement delays could
• 12:04
  Speaker 8: be reinvested immediately back into the economy, generating more growth.
• 12:09
  Speaker 8: So BlackRock stating this. That means it's happening. It's not
• 12:12
  Speaker 8: a choice. It's not an option. That's the future that
• 12:14
  Speaker 8: we're going to. But we have to be able to
• 12:16
  Speaker 8: know the size of the opportunity, which is set $ 670,
• 12:19
  Speaker 8: $ 680 trillion roughly today, which, as we know, will only
• 12:22
  Speaker 8: increase as we're going to print more money. But then
• 12:25
  Speaker 8: we also have to know what tokenization actually is. So
• 12:28
  Speaker 8: what does it look like? This is a slide to
• 12:30
  Speaker 8: show you what the traditional equivalence to the assets will
• 12:33
  Speaker 8: actually look like in a tokenized realm, because it's really
• 12:36
  Speaker 8: just everything living on digital code or on top of
• 12:38
  Speaker 8: the Internet. tokenized assets for traditional equivalents. Disabled coins are
• 12:42
  Speaker 8: just cash. Money is going to be money. Tokenized deposits
• 12:46
  Speaker 8: are just bank deposits. Tokenized treasuries are just bonds. Tokenized
• 12:50
  Speaker 8: stocks are equities. Tokenized real estate is just real estate.
• 12:54
  Speaker 8: So when you realize that we're not changing the underlying
• 12:57
  Speaker 8: infrastructure of these assets, we're just moving them on top
• 13:00
  Speaker 8: of the blockchain, that can make it a little bit
• 13:03
  Speaker 8: more simpler for people to be able to understand.
• 13:05
  Speaker 4: Austin, I know people are listening right now and they've
• 13:08
  Speaker 4: been hearing tokenized when it's regarding AI. So in that form,
• 13:14
  Speaker 4: when you're talking about tokens, are we referring to energy
• 13:16
  Speaker 4: that it takes for the artificial intelligence or the large
• 13:19
  Speaker 4: language model to actually function?
• 13:22
  Speaker 6: No.
• 13:22
  Speaker 8: Tokenization for blockchain crypto, imagine if you're able to put
• 13:26
  Speaker 8: a piece of real estate on the blockchain, then you
• 13:30
  Speaker 8: can have multiple people be able to invest and that
• 13:32
  Speaker 8: is able to tap into an illiquid asset class currently.
• 13:35
  Speaker 8: Or if we can, for example, the DTCC, who's a
• 13:41
  Speaker 8: financial powerhouse in the United States. They settled for over
• 13:44
  Speaker 8: $ 4 quadrillion. They have $ 100 trillion in assets. They just
• 13:49
  Speaker 8: ran a live tokenization day with BlackRock, with Vanguard, with
• 13:53
  Speaker 8: JP Morgan, be able to move assets on the blockchain
• 13:56
  Speaker 8: to be able to see the capabilities that they have currently.
• 13:59
  Speaker 8: And everyone who talks about tokenization says that this is
• 14:01
  Speaker 8: exactly how it's going to look. That's not how I
• 14:03
  Speaker 8: like approaching things. Because when the internet first came out,
• 14:07
  Speaker 8: everyone said this is how it's going to look. But
• 14:09
  Speaker 8: then it completely changes in 20 years. The largest institutions
• 14:13
  Speaker 8: in the world are building on top of this. And
• 14:15
  Speaker 8: things are going to be fluid and things are going
• 14:16
  Speaker 8: to be changing. But the more important premise for people
• 14:18
  Speaker 8: to know is that being able to put something on
• 14:21
  Speaker 8: a blockchain can revolutionize everything. But then once you tie
• 14:24
  Speaker 8: AI into it, that changes it completely. Because when you're
• 14:29
  Speaker 8: able to tie AI into it, you're able to move
• 14:32
  Speaker 8: money at the speed of light because an AI agent
• 14:35
  Speaker 8: can't open up a bank account, but they can trade
• 14:37
  Speaker 8: in stable coins. They can be able to trade in
• 14:40
  Speaker 8: tokenized deposits. So AI versus blockchain is blockchain and AI.
• 14:44
  Speaker 8: And I think that's, I'm happy you brought that up
• 14:45
  Speaker 8: because I think that's a big misconception today within the industry,
• 14:49
  Speaker 8: within a lot of people, because all documentation that I've read,
• 14:51
  Speaker 8: whether it's from JP Morgan or Citibank or BlackRock or
• 14:56
  Speaker 8: Bank of America or different governments around the world, They're
• 14:58
  Speaker 8: talking about integrating blockchain and AI together, and that's the
• 15:01
  Speaker 8: real unlock.
• 15:02
  Speaker 9: Yeah, yeah.
• 15:03
  Speaker 4: The CEO of Circle actually put out a whole dissertation.
• 15:06
  Speaker 4: I'm glad you just said that about people thinking of
• 15:09
  Speaker 4: them as separate entities when they're actually one.
• 15:12
  Speaker 9: They're the same.
• 15:13
  Speaker 4: Whereas if we're talking about agent to agent or agent
• 15:16
  Speaker 4: to do the work, how will they pay each other?
• 15:19
  Speaker 9: And this is obviously going to be the way. It
• 15:22
  Speaker 9: was an interesting article.
• 15:23
  Speaker 6: Mm-hmm.
• 15:24
  Speaker 8: It goes really, really in-depth, and I know I've covered
• 15:27
  Speaker 8: it in EYLU. So for all you guys who are
• 15:29
  Speaker 8: in EYLU, join EYLU, and I'll make sure that I
• 15:32
  Speaker 8: cover it again for everyone to be able to properly understand.
• 15:35
  Speaker 9: All right, let's keep cooking.
• 15:37
  Speaker 8: So this is another document from BlackRock, or from Larry
• 15:41
  Speaker 8: Frank specifically. He says that we believe that tokenization today
• 15:45
  Speaker 8: may be roughly where the internet was in 1996. It
• 15:48
  Speaker 8: won't replace the existing financial system overnight. Instead, picture a
• 15:51
  Speaker 8: bridge being built from both sides of a river converging
• 15:54
  Speaker 8: in the middle. And this is another misconception point that
• 15:56
  Speaker 8: I wanted to speak about today. Everyone wants to say
• 16:00
  Speaker 8: it's DeFi versus Tratify, or it's blockchain versus the banks.
• 16:04
  Speaker 6: It's not.
• 16:05
  Speaker 2: They're actually working together.
• 16:06
  Speaker 8: Because if the banks had the technology to be able
• 16:08
  Speaker 8: to do this, to be able to tokenize assets at scale,
• 16:09
  Speaker 8: they would have already done it. They need each other
• 16:13
  Speaker 8: to be able to grow and to be able to scale.
• 16:15
  Speaker 8: But the more important piece is why did Larry Fink
• 16:18
  Speaker 8: say that we believe that tokenization may be roughly where
• 16:20
  Speaker 8: the internet was in 1996? Nobody talks about 1996. When
• 16:26
  Speaker 8: people compare blockchain to the internet, they talk about the
• 16:28
  Speaker 8: dot-com bubble, 1999. But what happened in 1996? We actually
• 16:34
  Speaker 8: got the Telecommunications Act in 1996. Now, most people don't
• 16:37
  Speaker 8: really realize that the internet got regulated. This document goes
• 16:41
  Speaker 8: on to say, when Congress passed the Telecommunications Act in 1996,
• 16:45
  Speaker 8: it still provided enough clarity to be able to enable
• 16:47
  Speaker 8: the U.S. to dominate the Internet economy where now such
• 16:52
  Speaker 8: giants as Alphabet, Amazon, Apple, and Facebook. Without these regulations,
• 16:57
  Speaker 8: we wouldn't be able to invest in the companies that
• 16:59
  Speaker 8: we have today. In order for institutions to put trillions
• 17:02
  Speaker 8: and trillions of dollars into an asset class, they need rules,
• 17:05
  Speaker 8: they need guardrails, they need frameworks, and they need trust.
• 17:07
  Speaker 8: Without trust, you don't have anything. And currently in the
• 17:10
  Speaker 8: crypto market space, institutions are testing in it. They're having
• 17:13
  Speaker 8: live pilots like they did yesterday with the DTCC on
• 17:15
  Speaker 8: July 15th. But in order for them to have the
• 17:19
  Speaker 8: true unlock, you need regulations. And we've seen this story before.
• 17:26
  Speaker 8: It's not just the Telecommunications Act of 1996 that regulated
• 17:30
  Speaker 8: something to be able to allow immense growth. It was
• 17:32
  Speaker 8: actually the Securities Act of 1933. This document goes on
• 17:35
  Speaker 8: to say, without clear regulation, the U.S. regulatory approach over
• 17:38
  Speaker 8: the last decade has distorted markets, stifled innovation, and left
• 17:42
  Speaker 8: consumers exposed to significant harms.
• 17:44
  Speaker 2: Clarity would end this barrier.
• 17:46
  Speaker 8: Like the Securities Act of 1933, which established investment protections
• 17:49
  Speaker 8: and powered a century of U.S. capital formation and innovation,
• 17:52
  Speaker 8: clarity creates a once-in-a-generation shift in the U.S. financial regulatory landscape,
• 17:56
  Speaker 8: the kind of shift that creates enormous opportunities. People don't
• 18:00
  Speaker 8: realize the opportunity at hand. People don't realize the scale
• 18:02
  Speaker 8: at hand. Crypto is only a $ 2 trillion asset class.
• 18:05
  Speaker 8: I'm going to touch on that shortly and how that
• 18:06
  Speaker 8: can go to hundreds and hundreds of trillions of dollars.
• 18:08
  Speaker 2: But let's unpack this document.
• 18:13
  Speaker 8: The Clarity Act is a market structure bill that's currently
• 18:15
  Speaker 8: going through Congress right now. We need that for the
• 18:18
  Speaker 8: industry to grow and to be able to scale how
• 18:21
  Speaker 8: it should. The Securities Act of 1933 actually was something
• 18:25
  Speaker 8: that helped regulate the stock market after the Great Depression.
• 18:29
  Speaker 8: Because after the Great Depression, institutions lost trust. They didn't
• 18:32
  Speaker 8: want to deploy trillions of dollars into something when something
• 18:35
  Speaker 8: tragic could happen. Once the Securities Act of 1933 happened,
• 18:40
  Speaker 8: this has been the growth through it. So this is
• 18:42
  Speaker 8: the 100-year historical chart of S & P 500. As
• 18:46
  Speaker 8: you can see on the left side of the screen,
• 18:48
  Speaker 8: the Securities Act of 1933 happened in the far left.
• 18:51
  Speaker 8: 100 years is a long time for people, but we're
• 18:54
  Speaker 8: talking about generational wealth here. We're not talking about quick
• 18:57
  Speaker 8: gains overnight. The growth from the 1933 Security Act has
• 19:02
  Speaker 8: been enormous. The growth from the Telecommunications Act in 1996
• 19:07
  Speaker 8: has been enormous. We're following the same, we're essentially living
• 19:11
  Speaker 8: in the same book, it's just a different chapter. The
• 19:13
  Speaker 8: first book was the Securities Act regulating the stock market.
• 19:16
  Speaker 8: The second book was the Telecommunications Act regulating the internet.
• 19:21
  Speaker 8: The next book, the next chapter is the Clarity Act
• 19:24
  Speaker 8: regulating the whole entire crypto ecosystem. But why is that
• 19:30
  Speaker 8: important and how does that relate to crypto and to blockchain?
• 19:34
  Speaker 8: Because I know some people want to think that it's
• 19:36
  Speaker 8: still blockchain versus StratFi, but it's not. This document goes
• 19:40
  Speaker 8: on to say, this legal ambiguity has kept the largest
• 19:43
  Speaker 8: pools of institutional capital on the sidelines. Fiduciaries simply cannot
• 19:46
  Speaker 8: allocate to an asset class that might be retroactively classified.
• 19:50
  Speaker 9: As illegal.
• 19:51
  Speaker 2: The Clarity Act ends that uncertainty. Institutions don't want to allocate.
• 19:54
  Speaker 8: To an industry because, as we know, the president can change,
• 19:57
  Speaker 8: Congress can change, things can change, the rules of the
• 20:02
  Speaker 8: roads can change. But once something is codified into law,
• 20:05
  Speaker 8: That's the rules of the road, and that's what we're
• 20:07
  Speaker 8: going to be going with for the foreseeable future. It
• 20:12
  Speaker 8: goes on to say, once the rules are defined, the
• 20:14
  Speaker 8: trillions of dollars in pension funds, endowments, and sovereign wealth
• 20:17
  Speaker 8: that have been waiting for clarity can finally move. Goldman
• 20:20
  Speaker 8: Sachs has explicitly stated that regulation, not price action, is
• 20:23
  Speaker 8: driving the next wave of institutional adoption. The Clarity Act
• 20:26
  Speaker 8: is that regulation. I'll reread that for people who may
• 20:30
  Speaker 8: have missed it. Goldman Sachs has explicitly stated that regulation,
• 20:34
  Speaker 8: not price action, is driving the next wave of institutional adoption.
• 20:37
  Speaker 8: Those aren't my words. Those are Goldman Sachs' words. Goldman
• 20:41
  Speaker 8: Sachs is telling you that the unlock is regulation. Larry
• 20:44
  Speaker 8: Fink of BlackRock is telling you that every stock, every asset,
• 20:47
  Speaker 8: every bond will be tokenized. If it's coming from these
• 20:51
  Speaker 8: type of institutional players, we have to be able to listen.
• 20:54
  Speaker 8: We have to be able to follow smart money and
• 20:56
  Speaker 8: not be dumb money. If they're saying that every stock,
• 20:59
  Speaker 8: every bond can be tokenized, then we have to look
• 21:02
  Speaker 8: at the size of the opportunity, which is over $ 600 trillion.
• 21:06
  Speaker 8: We have to be able to go through history and
• 21:07
  Speaker 8: realize where regulation started in 1933, where we last had
• 21:12
  Speaker 8: regulation for a major asset class in 1996 to where
• 21:15
  Speaker 8: we are today. Because truth be told, AI is not
• 21:18
  Speaker 8: even regulated. Blockchain and crypto aren't regulated. The true unlock
• 21:21
  Speaker 8: is coming soon.
• 21:24
  Speaker 9: So we circle in dates. We got 1933.
• 21:27
  Speaker 4: We got 1996 and we're circling 2026.
• 21:32
  Speaker 9: Right. That's the release date of the third chapter of
• 21:34
  Speaker 9: this book.
• 21:35
  Speaker 2: Potentially.
• 21:37
  Speaker 8: Hopefully this regulation goes through now because I'll touch on
• 21:40
  Speaker 8: it on the slide shortly. But the world's not waiting
• 21:43
  Speaker 8: for us. We have been able to lead the rules
• 21:46
  Speaker 8: of the road for the stock market, for the Internet.
• 21:48
  Speaker 8: We must lead the rules of the road for blockchain
• 21:51
  Speaker 8: because jurisdictions around the world are moving towards regulation before
• 21:54
  Speaker 8: we are. So if we wait any longer, we have
• 21:56
  Speaker 8: a chance to not be number one. This document from
• 21:59
  Speaker 8: Citibank goes on to say, new technology tends to follow
• 22:02
  Speaker 8: a familiar pattern. We overestimate its impact in the short
• 22:05
  Speaker 8: run and underestimate it in the long run. And blockchain
• 22:08
  Speaker 8: should be no different. We have to be able to
• 22:10
  Speaker 8: look at all these technologies at the surface level the same.
• 22:15
  Speaker 8: People are going to say, for example, for AI, it's
• 22:17
  Speaker 8: going to take away jobs. It's going to do X, Y,
• 22:20
  Speaker 8: and Z. That's overestimating in the short run. but people
• 22:24
  Speaker 8: currently are underestimating what it's going to do in the
• 22:26
  Speaker 8: long run. And blockchain, as Citibank just said, is no different.
• 22:31
  Speaker 2: So this is the key.
• 22:31
  Speaker 8: Takeaways that I want everyone to really take away from today.
• 22:36
  Speaker 8: Regulations are the unlock, but the United States is not
• 22:40
  Speaker 8: the only jurisdiction that's moving towards a regulatory new regime.
• 22:45
  Speaker 8: The European Union, their regulations actually went live July 1
• 22:48
  Speaker 8: of this year, 2026. We just passed a genius act
• 22:52
  Speaker 8: in the United States And that's actually the final rules
• 22:55
  Speaker 8: of the road for the Genius Act is actually July 18th, 2026,
• 22:59
  Speaker 8: this upcoming weekend after recording. The UK, their full regime
• 23:05
  Speaker 8: for their regulations goes live October 2027. You have Hong
• 23:09
  Speaker 8: Kong issuing licenses of the first of Q1 of 2026.
• 23:13
  Speaker 8: You have South Korea targeting this year as well. You
• 23:17
  Speaker 8: have Japan, who's just moving forward with the regulations as
• 23:20
  Speaker 8: well this year.
• 23:21
  Speaker 2: And in China, still doing pilots.
• 23:23
  Speaker 8: As you can see, this is just a common trend
• 23:25
  Speaker 8: from every single country worldwide moving towards this. And something
• 23:29
  Speaker 8: that I want to be able to touch on, I
• 23:30
  Speaker 8: know some people, if you don't know, the GeneStack regulates stablecoins.
• 23:33
  Speaker 2: Essentially, what stablecoins is just.
• 23:36
  Speaker 8: A dollar on the blockchain. One dollar in the real
• 23:39
  Speaker 8: world equals one dollar as a stablecoin.
• 23:41
  Speaker 2: Right.
• 23:43
  Speaker 8: And this was able to be passed into law last year.
• 23:46
  Speaker 8: So why did not price move exponentially up into the
• 23:52
  Speaker 8: right with the Genius Act? It's because once the law passes,
• 23:56
  Speaker 8: it still takes 12 to 18 months to write the
• 23:59
  Speaker 8: rules of the road for the Federal Reserve, for the Treasury,
• 24:03
  Speaker 8: for different organizations within the country. The Clarity Act will
• 24:07
  Speaker 8: be no different. Don't expect a massive move to the upside.
• 24:11
  Speaker 8: We may or may not get that. But what I
• 24:13
  Speaker 8: can tell you is once regulations come and once these
• 24:16
  Speaker 8: rules of the road are created, then everything changes. Institutions
• 24:21
  Speaker 8: will have access to be able to put trillions and
• 24:22
  Speaker 8: trillions of dollars into this market class. And the thing
• 24:25
  Speaker 8: that I want to leave you all here with today
• 24:28
  Speaker 8: is the premise of this presentation. Tokenization has the potential
• 24:31
  Speaker 8: to transform one of the largest asset opportunities in the world.
• 24:34
  Speaker 8: But without regulatory clarity, that cannot potentially fully scale. Just
• 24:38
  Speaker 8: like the stock market needed rules and just like the
• 24:40
  Speaker 8: internet needed guardrails, This market needs a framework that allows
• 24:43
  Speaker 8: institutions to participate with confidence because too many people expect
• 24:47
  Speaker 8: price to leave the story. But historically, as you've seen
• 24:49
  Speaker 8: with the Securities Act of 1933, with the Telecommunications Act
• 24:54
  Speaker 8: of 1996, infrastructure, regulation, legal clarity, and standards and adoption
• 25:00
  Speaker 8: come first. Markets usually price in what has already been built.
• 25:04
  Speaker 8: They don't price in what people hope happens tomorrow. And
• 25:07
  Speaker 8: when that framework is in place, the story is not
• 25:09
  Speaker 8: just about crypto. It becomes about the trillions and trillions
• 25:11
  Speaker 8: of dollars waiting on the sidelines for the green light,
• 25:15
  Speaker 8: because this is something that I want everyone to take
• 25:17
  Speaker 8: away as well. If you look, let's say that every
• 25:20
  Speaker 8: institution from BlackRock to JP Morgan to Goldman Sachs all
• 25:24
  Speaker 8: allocate one to three percent of capital to crypto. That's
• 25:29
  Speaker 8: trillions and trillions of dollars. And then let's go to Canada.
• 25:32
  Speaker 8: Then let's go to the UK. Then let's go to
• 25:33
  Speaker 8: the EU. Then let's go to China. If every single
• 25:36
  Speaker 8: institution is moving towards this and allocating 1, 2, 3, 4,
• 25:39
  Speaker 8: 5 percent, that's a lot of capital coming to an
• 25:43
  Speaker 8: industry in the post-regulatory world. Pre-regulations won't be post-regulations. You'll
• 25:48
  Speaker 8: see a lot of tokens that aren't compliant just die out.
• 25:51
  Speaker 8: It's going to be exactly like the dot-com bubble. But
• 25:54
  Speaker 8: I like to refer to 1996 and 1933 because we
• 25:57
  Speaker 8: aren't there yet. We aren't there for post regulations. If
• 26:03
  Speaker 8: you realize 1999, 1999, 2000 came after the telecommunications act.
• 26:09
  Speaker 2: So this, this chapter is, is not done.
• 26:12
  Speaker 8: It's not completely written yet, but the thing that everyone
• 26:17
  Speaker 8: has to be able to take away today is how
• 26:19
  Speaker 8: big of enormous of opportunity that we have at hand.
• 26:23
  Speaker 8: I definitely implore people to start to study the space,
• 26:26
  Speaker 8: start to look into the space because of BlackRock and
• 26:29
  Speaker 8: Goldman Sachs and Vanguard was doing testing yesterday with the DTCC.
• 26:35
  Speaker 8: And as we know that they have historically been against
• 26:37
  Speaker 8: blockchain and crypto. If all these institutions are suddenly now
• 26:40
  Speaker 8: moving towards it, what does that tell you?
• 26:44
  Speaker 9: Follow the money. Follow the money.
• 26:46
  Speaker 5: That was excellent as far as a lot of information.
• 26:48
  Speaker 5: But let me ask you this. This speaks on the
• 26:51
  Speaker 5: belief system of cryptocurrency as a whole and how it's
• 26:54
  Speaker 5: going to change the world and be here to stay
• 26:57
  Speaker 5: and it's not a fluke and all of these things,
• 26:59
  Speaker 5: because other people say all the time, like, you know,
• 27:01
  Speaker 5: it's just a fad or it has no value, but
• 27:03
  Speaker 5: there's hundreds of thousands of cryptocurrencies. So, okay, Bitcoin, is
• 27:11
  Speaker 5: that just the one just focused on Bitcoin, in your opinion? And,
• 27:15
  Speaker 5: you know, or is it Bitcoin, Ethereum? Is it Bitcoin, XRP?
• 27:20
  Speaker 5: Is it Solana? Like, that would be the next question.
• 27:24
  Speaker 2: That's a perfect question. I'm happy you brought that up.
• 27:27
  Speaker 8: I want to Take it back to the first slide
• 27:29
  Speaker 8: with the asset classes I showed. If every asset class
• 27:32
  Speaker 8: is going to be tokenized and put onto the blockchain,
• 27:35
  Speaker 8: it's physically incapable for just one token to be able to.
• 27:38
  Speaker 2: Handle all of that volume.
• 27:40
  Speaker 8: It's physically, imagine, no, that's like saying like Microsoft will
• 27:44
  Speaker 8: do everything for the internet.
• 27:45
  Speaker 2: There'll be no other companies to survive.
• 27:47
  Speaker 8: So I'm personally against the Bitcoin only or XRP only
• 27:50
  Speaker 8: or Ethereum only or Solana only narratives.
• 27:52
  Speaker 2: No.
• 27:54
  Speaker 8: Institutions actively state that utility tokens will be the one
• 27:57
  Speaker 8: to dominate the post regulatory realm. So I'm personally a
• 28:00
  Speaker 8: believer of being able to, once again, follow the money.
• 28:03
  Speaker 8: There's currently crypto ETFs out on the stock exchange right now.
• 28:06
  Speaker 8: And those institutions actively tell you what are the top tokens.
• 28:10
  Speaker 8: If you just look at the ETFs and which ones
• 28:12
  Speaker 8: are within the ETFs, there's your answer right there. Some
• 28:16
  Speaker 8: of the top ones that are within the ETFs are Bitcoin, Ethereum, Solana, XRP, Chainlink, Stellar, XLM.
• 28:25
  Speaker 8: And then just to name a few, but me personally,
• 28:28
  Speaker 8: I like to attest to standards.
• 28:30
  Speaker 2: Now, I've spoken about this before.
• 28:31
  Speaker 8: Now, I'm a big believer in ISO 20022 tokens just
• 28:35
  Speaker 8: because of the standards and regulatory compliance that come behind
• 28:37
  Speaker 8: them and the institutional adoption. Now, I'm yesterday for the DTCC,
• 28:41
  Speaker 8: and I keep bringing them up, not because it's a buzzword,
• 28:44
  Speaker 8: but because they quite literally settle $ 4 quadrillion every single
• 28:47
  Speaker 8: year and manage $ 100 trillion in assets. And the tokens
• 28:51
  Speaker 8: that they used yesterday, now, Within their trial run with Vanguard,
• 28:54
  Speaker 8: with JP Morgan, with BlackRock, Invesco, QQQ, they tokenized S &
• 28:59
  Speaker 8: P 500 yesterday with Ando and Chainlink. These are institutional-grade tokens,
• 29:04
  Speaker 8: and every single one does something different. Chainlink is able
• 29:08
  Speaker 8: to connect different blockchains together. Ando, you can tokenize equities
• 29:12
  Speaker 8: and real estate on top of it. XRP helps move
• 29:14
  Speaker 8: money faster. Bitcoin is digital gold. Ethereum is like the
• 29:17
  Speaker 8: App Store. When you start thinking about it like that,
• 29:20
  Speaker 8: we have to take a step back. And I know
• 29:21
  Speaker 8: that it's difficult because there's so many tokens. But truth
• 29:24
  Speaker 8: be told, 99% of them, there's actually a Bank of
• 29:26
  Speaker 8: America document that says 99% tokens will cease to exist.
• 29:29
  Speaker 8: So you have to be able to invest into the
• 29:32
  Speaker 8: tokens that provide utility, into tokens that are partnered with
• 29:36
  Speaker 8: the largest institutions in the world.
• 29:39
  Speaker 9: You talked about price. action, right?
• 29:41
  Speaker 4: That's not going to move the regulation wheel. But let's
• 29:43
  Speaker 4: go into the idea of the four-year cycle. We had
• 29:46
  Speaker 4: a conversation about it and we noticed something that changed
• 29:49
  Speaker 4: last year. Can you break that down for us, for
• 29:52
  Speaker 4: the people that are following the four-year cycle of Bitcoin?
• 29:55
  Speaker 2: Yes, most definitely.
• 29:56
  Speaker 8: So for those of you guys who aren't, familiar with
• 29:59
  Speaker 8: the four-year cycle. Historically, crypto has moved in four years,
• 30:03
  Speaker 8: three down years and one up year.
• 30:05
  Speaker 2: So it's red, red, red. I mean, it's green, green, green,
• 30:08
  Speaker 2: then red. So what does that mean?
• 30:14
  Speaker 8: This year is the first, last year is the first
• 30:16
  Speaker 8: year where, and why I'm a believer that the four-year
• 30:19
  Speaker 8: cycle has been changing, it's not completely over, is because
• 30:22
  Speaker 8: last year was the first year with a third year
• 30:23
  Speaker 8: of the crypto cycle. So year one was green, year
• 30:26
  Speaker 8: two was green, 2025 was actually red year to date.
• 30:30
  Speaker 8: So to me, that shows me that there's a slight
• 30:32
  Speaker 8: deviation within that because historically, the third year of the
• 30:35
  Speaker 8: Bitcoin or the crypto cycle has been Bitcoin's most explosive
• 30:38
  Speaker 8: year to the upside. So if Bitcoin year to date
• 30:41
  Speaker 8: was red, then we have to be able to look
• 30:44
  Speaker 8: at this market differently. Now, if we end this year over,
• 30:49
  Speaker 8: I think it's $ 88, 750 roughly where Bitcoin opened up, then
• 30:54
  Speaker 8: the fourth year of the cycle, which has historically been
• 30:56
  Speaker 8: red year to date, would be green. I'm interested in
• 31:00
  Speaker 8: the institutional capital that is coming into this market. I
• 31:03
  Speaker 8: think if regulations can pass through Congress shortly, then that's
• 31:07
  Speaker 8: going to change everything with how they allocate money to
• 31:14
  Speaker 8: this industry. And then that's trillions of dollars unlocked coming in. So, yes,
• 31:19
  Speaker 8: we have to be able to attest to the four-year cycle. Yes,
• 31:22
  Speaker 8: be aware of it. But just know that things can change.
• 31:25
  Speaker 8: And realistically, it's not a large sample size. What has
• 31:28
  Speaker 8: it been? All the time I had three or four cycles.
• 31:31
  Speaker 8: That's not a large enough sample size to be able
• 31:33
  Speaker 8: to say, like, that's how something's going to last forever.
• 31:36
  Speaker 8: And if it's already changed in the fourth cycle, what's
• 31:42
  Speaker 8: it going to look like in the future? This could
• 31:44
  Speaker 8: have just been a deviation and we could move forward
• 31:46
  Speaker 8: and the fourth cycle be true every single year. It
• 31:49
  Speaker 8: can be something where it's completely changing now, but we
• 31:52
  Speaker 8: have to be mindful of it.
• 31:55
  Speaker 5: And you said, what is it, ISO 2022? Like, what's the?
• 32:01
  Speaker 5: ISO 222. Explain that.
• 32:03
  Speaker 2: 2022.
• 32:04
  Speaker 8: So basically, it's a messaging standard between banks. Currently, my
• 32:08
  Speaker 8: bank account, my TD bank account can't talk to your
• 32:11
  Speaker 8: JPMorgan Chase account.
• 32:13
  Speaker 2: Venmo can't talk to. And it's ironic.
• 32:16
  Speaker 8: PayPal owns Venmo, but they can't send money back and
• 32:19
  Speaker 8: forth to each other. It's basically a messaging standard between countries,
• 32:23
  Speaker 8: between banks, between institutions. So there's some tokens that are
• 32:28
  Speaker 8: ISO 20022 compliant, and it's just a regulatory standard. The
• 32:31
  Speaker 8: token itself isn't compliant, but the messaging standard that they
• 32:34
  Speaker 8: use are compliant to the ISO 20022. So that's a
• 32:36
  Speaker 8: misconception for people. But some tokens that, or some companies
• 32:40
  Speaker 8: that are compliant are XRP, XLM, HBAR, Chainlink, IOTA, QNT, Algorand,
• 32:50
  Speaker 8: and Cardano.
• 32:51
  Speaker 2: And it's just something that institutions speak about.
• 32:53
  Speaker 8: And it's one of the first things that I noticed
• 32:54
  Speaker 8: when I started reading institutional documentation from the Bank of
• 32:57
  Speaker 8: International Settlements to the Federal Reserve to SWIFT to JP Morgan.
• 33:01
  Speaker 8: They're all adopting this ISO standard. And when you look
• 33:04
  Speaker 8: into it, it's just a standard. It's a messaging system
• 33:07
  Speaker 8: for blockchain. They allow for blockchains to communicate to each other,
• 33:10
  Speaker 8: for institutions to be able to communicate to each other.
• 33:13
  Speaker 8: So it's something to definitely keep an eye on. I
• 33:16
  Speaker 8: definitely suggest that people look into it, that people research it.
• 33:20
  Speaker 8: and to be mindful of the adoption cycle. Because if,
• 33:25
  Speaker 8: simply put, the Federal Reserve FedNow system is adopting it,
• 33:28
  Speaker 8: if the DTCC is adopting it, if you have Citibank
• 33:31
  Speaker 8: who's adopting it, JP Morgan who's adopting it, SWIFT who's
• 33:34
  Speaker 8: adopting it, the Bank of the National Settlements who's adopting it,
• 33:37
  Speaker 8: there's just some off the top of my head who's
• 33:39
  Speaker 8: all adopting this standard. So if they're all adopting the
• 33:42
  Speaker 8: same standard, to me, that shows me that they're all
• 33:45
  Speaker 8: moving towards the same way. Is that saying that all
• 33:47
  Speaker 8: those tokens will be the only ones to win? No,
• 33:51
  Speaker 8: because as we know, other tokens are favorites, such as Solana,
• 33:54
  Speaker 8: such as Ethereum, who are institutional favorites. The crypto space
• 33:58
  Speaker 8: is so much bigger than one token. It's so much
• 33:59
  Speaker 8: bigger than one project. One can't accomplish it all. It's
• 34:03
  Speaker 8: just physically impossible. But no, we have to be able
• 34:07
  Speaker 8: to be diversified and we have to be able to
• 34:09
  Speaker 8: be smart with diversification. Because I actually had a conversation
• 34:14
  Speaker 8: with somebody in the last couple of weeks, and they
• 34:16
  Speaker 8: told me that their institutional clients are moving from having
• 34:19
  Speaker 8: eight to 10 tokens down to four. So that goes
• 34:23
  Speaker 8: to show what you guys are saying on Market Mondays
• 34:25
  Speaker 8: lines up perfectly with what people are having their high
• 34:29
  Speaker 8: net worth clients be able to do. So you have
• 34:32
  Speaker 8: to be able to research what tokens have to provide
• 34:36
  Speaker 8: the most utility. Which one's the favorite? Bitcoin should be
• 34:39
  Speaker 8: the staple of your portfolio. Then if you choose to
• 34:42
  Speaker 8: allocate outside of Bitcoin, you need to be able to
• 34:44
  Speaker 8: choose a utility token to be able to do so.
• 34:46
  Speaker 8: That provides value for the DTCC, for Swift, for the
• 34:49
  Speaker 8: Federal Reserve, for JP Morgan, for BlackRock. Follow where they
• 34:53
  Speaker 8: are putting their money and you'll be able to be successful.
• 34:56
  Speaker 9: I love them.
• 34:58
  Speaker 6: All right. Well, that was excellent. That was excellent.
• 35:01
  Speaker 9: Okay.
• 35:02
  Speaker 6: All right. So we got the crypto. We got the
• 35:04
  Speaker 6: crypto segment. What's next? Steph?
• 35:07
  Speaker 9: We got to get our technicals. Awesome.
• 35:09
  Speaker 4: We appreciate you. We'll see you a little bit later on. Steph,
• 35:12
  Speaker 4: we're bringing you up to the stage. Steph, we're bringing
• 35:15
  Speaker 4: you up.
• 35:16
  Speaker 3: Let's do this.
• 35:17
  Speaker 9: How you feeling? How you feeling?
• 35:19
  Speaker 3: Great. I'm really excited to share some stuff with you guys.
• 35:21
  Speaker 9: Yeah. I saw you writing down your notes, man. Austin
• 35:23
  Speaker 9: be going crazy, right?
• 35:24
  Speaker 7: I know.
• 35:24
  Speaker 3: I'm like, yo, wait a minute. Austin just, okay, I
• 35:27
  Speaker 3: got to get it together here.
• 35:29
  Speaker 9: All right. I'm bringing your presentation up. Steph, the floor
• 35:32
  Speaker 9: is yours. Let's do this.
• 35:33
  Speaker 3: Thank you so much.
• 35:35
  Speaker 1: Well, guys, I really wanted to share tonight because I
• 35:37
  Speaker 1: know that the presentation is called How to Invest. And
• 35:40
  Speaker 1: the how to invest, there's so many points. And we're
• 35:42
  Speaker 1: going to talk a little bit tonight. I'm going to
• 35:44
  Speaker 1: give you guys a few pointers. I know DeHuda is
• 35:45
  Speaker 1: as well. But one of the things that before learning
• 35:49
  Speaker 1: on actually how to invest, and if you guys don't mind,
• 35:50
  Speaker 1: I'm going to pull up this chart for just a
• 35:52
  Speaker 1: minute so we can talk about it.
• 35:53
  Speaker 9: Let's do it.
• 35:55
  Speaker 1: So for me, before learning on actually how to invest,
• 35:58
  Speaker 1: I needed to learn of the importance of staying invested
• 36:02
  Speaker 1: because I was hearing about, okay, I need to open
• 36:03
  Speaker 1: a brokerage account or what I need to start investing into.
• 36:06
  Speaker 1: But I shared at InvestFest last year that for me,
• 36:09
  Speaker 1: I was a teenage mom. I went through some serious
• 36:11
  Speaker 1: financial trauma, like literally being pregnant and living in your car.
• 36:14
  Speaker 1: It doesn't make you want to trust your money to anybody.
• 36:17
  Speaker 1: And I'm from immigrant parents. You know, my parents met
• 36:19
  Speaker 1: in New York and they made a beautiful life and
• 36:22
  Speaker 1: they worked really hard. I saw them work really hard.
• 36:25
  Speaker 1: I saw them work harder than anybody I had ever seen.
• 36:27
  Speaker 1: But I also am watching them in retirement with little
• 36:30
  Speaker 1: to show for that. So I knew that as I've
• 36:33
  Speaker 1: aged and I was in the same industry as them,
• 36:35
  Speaker 1: I said, OK, Steph, you're going to have to do
• 36:36
  Speaker 1: something different.
• 36:37
  Speaker 3: And even though I was afraid of investing into the.
• 36:40
  Speaker 1: Market and staying consistently invested, because that was one of
• 36:42
  Speaker 1: my biggest issues, I would invest, but something would happen
• 36:46
  Speaker 1: like what happened in 2020 with COVID.
• 36:49
  Speaker 3: And I'd be like, okay, I can't, you know, it's
• 36:51
  Speaker 3: too scary. I would invest.
• 36:52
  Speaker 1: And then in 2022, everything would happen with Russia and
• 36:55
  Speaker 1: the invasion of Ukraine. Each of these blue dots on
• 36:57
  Speaker 1: this chart resembles something that happened in our financial market
• 37:01
  Speaker 1: that caused some major pullback. But what I learned through
• 37:04
  Speaker 1: the study of this chart and just learning technical analysis
• 37:06
  Speaker 1: through all these years is that my biggest fear should
• 37:09
  Speaker 1: not be any of these red candles on this chart.
• 37:12
  Speaker 1: My biggest fear should be to not be participating in
• 37:15
  Speaker 1: this uptrend.
• 37:16
  Speaker 3: Because even though we've had pullbacks.
• 37:18
  Speaker 1: Into, and if you'll notice, I added here for people
• 37:21
  Speaker 1: that are into technical analysis, There's a green line here
• 37:24
  Speaker 1: and it's called a moving average. This moving average actually
• 37:28
  Speaker 1: represents 50 months of price action. So it's a 50
• 37:31
  Speaker 1: month moving average represent. So every time we've pulled into
• 37:34
  Speaker 1: that average where those blue dots are at, if you'll look,
• 37:37
  Speaker 1: it's historically been one of the best places to buy
• 37:41
  Speaker 1: into the market. And I suggest that even long-term investors,
• 37:43
  Speaker 1: if you're not comfortable with technical analysis, this is just
• 37:46
  Speaker 1: one EMA to add into your chart. These major events
• 37:49
  Speaker 1: that have happened in our financial markets, they've been held
• 37:52
  Speaker 1: by support And if you look at this chart, this
• 37:54
  Speaker 1: is the last decade. So Austin showed us the last
• 37:57
  Speaker 1: 100 years how the S & P 500 has been
• 37:59
  Speaker 1: in this uptrend.
• 38:00
  Speaker 3: But this is just the last decade.
• 38:02
  Speaker 1: So when we hear like analysts say that the S &
• 38:04
  Speaker 1: P 500 has averaged an annual return rate of 8
• 38:07
  Speaker 1: to 10 percent, that's not just noise. It's because the
• 38:10
  Speaker 1: broader participation is in this uptrend. And every day we
• 38:13
  Speaker 1: choose to not participate or to not stay invested because
• 38:16
  Speaker 1: we're scared of the headlines or we're scared of who's
• 38:18
  Speaker 1: in office.
• 38:19
  Speaker 3: All the different stories.
• 38:20
  Speaker 6: Right.
• 38:20
  Speaker 1: I would hear it all the time. Like people just
• 38:22
  Speaker 1: talking about like they don't know what exactly to invest in.
• 38:25
  Speaker 1: What do they pick? They're afraid that they missed their chance.
• 38:28
  Speaker 1: They think that they need a lot of money. They
• 38:29
  Speaker 1: think that investing is only for rich people. That was
• 38:32
  Speaker 1: something I thought I thought I needed to bring so
• 38:34
  Speaker 1: much money into the market to be actually to actually
• 38:36
  Speaker 1: make money. But like going back to the story with
• 38:39
  Speaker 1: my parents, I knew that I was going to have
• 38:41
  Speaker 1: to do something different. Because my parents worked really hard, right?
• 38:44
  Speaker 1: And I saw them truly try to save their money.
• 38:46
  Speaker 1: But what happened? Their health declined, bills added up. They
• 38:50
  Speaker 1: had more, a lot of liabilities that were eating at
• 38:52
  Speaker 1: their capital, timeshares, ridiculous things that looking back now, I
• 38:56
  Speaker 1: wish that even I had the education to kind of
• 38:58
  Speaker 1: help them with. And even me, I had to let
• 39:01
  Speaker 1: now as I age, like, okay, Steph, what are you
• 39:04
  Speaker 1: going to do different? And so I remember at the
• 39:06
  Speaker 1: time I was talking to someone for me to get
• 39:10
  Speaker 1: a life insurance plan because I knew at least that like,
• 39:12
  Speaker 1: all right, so if you got kids, like God forbid
• 39:14
  Speaker 1: something happens to you, what happens to them? So I
• 39:16
  Speaker 1: was like, all right, I need to get a life
• 39:17
  Speaker 1: insurance plan. And she, and I was talking to her
• 39:19
  Speaker 1: about my stress. I'm like, I don't have money to
• 39:21
  Speaker 1: save for retirement. Like I've been a contractor my whole life. What,
• 39:25
  Speaker 1: how am I like, how do I even start? Like,
• 39:27
  Speaker 1: and she's like, well, have you ever, you know, try
• 39:29
  Speaker 1: to try to calculate your freedom number, your financial independence number.
• 39:34
  Speaker 1: And that number was actually if you guys have ever
• 39:36
  Speaker 1: heard of the fire community, they came up with this
• 39:39
  Speaker 1: number that where financial planners use often, you know, I'm
• 39:43
  Speaker 1: sure maybe Rashad, I'm sure you're familiar with it, but
• 39:45
  Speaker 1: where financial planners often use what's called the 4% rule
• 39:48
  Speaker 1: as a starting point. And it's basically a guideline that
• 39:51
  Speaker 1: says that a diversified portfolio has historically been able to
• 39:54
  Speaker 1: support withdrawing about 4% of its starting value annually.
• 39:59
  Speaker 3: And that's with inflation adjustments.
• 40:01
  Speaker 1: So she basically, so she was like, well, Steph, you know,
• 40:03
  Speaker 1: what is your annual, like your annual lifestyle? What is
• 40:07
  Speaker 1: that expense number for you? And at that age for me,
• 40:09
  Speaker 1: it was around $ 100, 000 a year. So when she told me,
• 40:12
  Speaker 1: she was like, well, then your financial freedom number is
• 40:15
  Speaker 1: around $ 2. 5 million. And I looked at her and I said,
• 40:18
  Speaker 1: that's not going to happen. I don't have $ 2. 5 million
• 40:20
  Speaker 1: to be free. And that's when she introduced this rule
• 40:24
  Speaker 1: to me, which is the rule of 72. And so
• 40:28
  Speaker 1: the rule of 72, she taught me that it estimates
• 40:31
  Speaker 1: how long it takes our investment to double. And so
• 40:34
  Speaker 1: if we go back to that chart with SPY, right,
• 40:36
  Speaker 1: and we talk about how analysts mentioned that SPY has
• 40:39
  Speaker 1: averaged an annual return rate of 8% to 10% for
• 40:41
  Speaker 1: the last 30 years, just that vehicle, investing into that
• 40:45
  Speaker 1: vehicle would offer us about an 8% return if we're conservative.
• 40:49
  Speaker 3: That means that our.
• 40:49
  Speaker 1: Money would double every nine years. So the most powerful
• 40:54
  Speaker 1: variable in the equation with all of this has been time,
• 40:57
  Speaker 1: you know?
• 40:58
  Speaker 3: And so she shared with me.
• 41:00
  Speaker 1: That If I had about $ 300, 000 to start and not
• 41:05
  Speaker 1: ever touching it ever again, letting that compound growth with
• 41:10
  Speaker 1: an approximate annual return rate of around 8%, that I
• 41:14
  Speaker 1: would have that $ 2. 54 million in 27 years without ever
• 41:18
  Speaker 1: touching it again. That's without any extra contributions. So when
• 41:22
  Speaker 1: I learned that, I said, all right, so my goal
• 41:25
  Speaker 1: is not to get a job that's going to pay
• 41:27
  Speaker 1: me the $ 100, 000 a year that I need or more. Yes,
• 41:30
  Speaker 1: that's a great goal to have, and I'm not saying don't,
• 41:33
  Speaker 1: but what I'm saying is the goal should really be
• 41:35
  Speaker 1: to have enough assets that gets you to that number
• 41:38
  Speaker 1: where you're free from having to work that job one day.
• 41:42
  Speaker 1: And I was hesitant because I'm like, Who's going to
• 41:45
  Speaker 1: come up? Because this is so here's a chart of
• 41:47
  Speaker 1: basically the longer you wait of how much more money
• 41:50
  Speaker 1: you need to invest to get there. And so me
• 41:53
  Speaker 1: at that time, I was around 37 years old. So
• 41:55
  Speaker 1: her sharing with me, she's like, well, you're going to
• 41:57
  Speaker 1: have to invest around twenty three hundred dollars a month
• 42:00
  Speaker 1: to get you to that goal of around two point
• 42:02
  Speaker 1: five by retirement. And, you know, at that time, it
• 42:06
  Speaker 1: felt very lofty to me to be able to actually
• 42:08
  Speaker 1: invest two thousand dollars a month. But the longer I waited,
• 42:11
  Speaker 1: that number just grew.
• 42:12
  Speaker 3: Right.
• 42:12
  Speaker 1: And so now I try to teach everybody as much
• 42:14
  Speaker 1: as I can, like get your kids invested. And a
• 42:17
  Speaker 1: lot of people tell me that their kids cannot, you know, like, well,
• 42:20
  Speaker 1: which one of what 21 year old do you know can, you.
• 42:22
  Speaker 3: Know, put four hundred dollars into the market? And I
• 42:24
  Speaker 3: get that.
• 42:24
  Speaker 1: But I also know it's a lot of 21 year
• 42:26
  Speaker 1: olds with car loans, you know, and with the way
• 42:28
  Speaker 1: the interest rates are now, they're paying, you know, a
• 42:31
  Speaker 1: nine percent. interest rate on a car loan, they're paying
• 42:34
  Speaker 1: probably a lot more than even the $ 400. So the
• 42:37
  Speaker 1: earlier we can convince people in our community that they
• 42:40
  Speaker 1: need to start investing, we'll see more people that look
• 42:42
  Speaker 1: like us start to generate wealth.
• 42:45
  Speaker 3: It's the same destination with all of these different ages.
• 42:47
  Speaker 1: But the difference is that the monthly investment amount that
• 42:52
  Speaker 1: was required started to increase the older they got.
• 42:54
  Speaker 3: So the cost of waiting is real. But most people quit.
• 42:58
  Speaker 1: Most people never make it to where they can see
• 43:00
  Speaker 1: their money grow for them. They can see where they
• 43:03
  Speaker 1: have more assets than liabilities because they'll see the market drop.
• 43:07
  Speaker 1: One red day, they're out. They're like, this is a scam.
• 43:09
  Speaker 1: I should have never invested. They think in days. Austin
• 43:13
  Speaker 1: said something that I love. He was saying we overestimate
• 43:16
  Speaker 1: the impact in the short run. And we overestimate short
• 43:21
  Speaker 1: run impact and underestimate long term impact.
• 43:24
  Speaker 3: And I think that that's the same mentality for the mindset.
• 43:27
  Speaker 1: So many people underestimate what the market can do long-term
• 43:30
  Speaker 1: and they're not able to take advantage of those compounding effects.
• 43:33
  Speaker 1: And in reality, I've learned that volatility really isn't the enemy,
• 43:36
  Speaker 1: it's quitting. And some ways that people can start just
• 43:39
  Speaker 1: to really keep it simple, because I think that keeping
• 43:41
  Speaker 1: it simple is very important when you're first beginning, because
• 43:43
  Speaker 1: you'll make a lot of excuses to start a new
• 43:45
  Speaker 1: habit that you're not familiar with, right?
• 43:48
  Speaker 3: So just keeping it simple and opening an account.
• 43:50
  Speaker 1: The Huda's gonna share with us some things that we
• 43:52
  Speaker 1: can actually buy into those accounts That'll give us exposure.
• 43:55
  Speaker 1: But to me, the most important part of this slide
• 43:57
  Speaker 1: is to automate it. Because like I said, if you
• 44:00
  Speaker 1: leave it up to an emotional decision, you probably won't
• 44:02
  Speaker 1: do it. Even after I found out my number and
• 44:04
  Speaker 1: that it would continue to grow, the longer it took
• 44:06
  Speaker 1: me to invest, I still didn't do it, right?
• 44:08
  Speaker 3: It took me a discipline.
• 44:09
  Speaker 1: And finally, when I really understood Spive's chart and that
• 44:13
  Speaker 1: the S & P 500 is rigged to go up,
• 44:15
  Speaker 1: like we hear all the time in Market Mondays, then
• 44:17
  Speaker 1: it was finally a decision where I was like, Steph,
• 44:19
  Speaker 1: you're going to have to find a way to do this.
• 44:20
  Speaker 1: And I understand many people can't invest that much. But
• 44:23
  Speaker 1: when you start to actually build the discipline, you know,
• 44:26
  Speaker 1: I tell my homegirls all the time, like, there's no
• 44:28
  Speaker 1: way I can see one of my homegirls going around
• 44:30
  Speaker 1: with plastic on her fingers. And she has not invested
• 44:32
  Speaker 1: into her long term account. Like it comes down to
• 44:34
  Speaker 1: priorities for, you know, for us. Like we have to
• 44:36
  Speaker 1: start to prioritize our future selves, our retirement, taking care
• 44:41
  Speaker 1: of ourselves in especially as we age, because. Growing up
• 44:44
  Speaker 1: and now that I'm older and really having to plan
• 44:46
  Speaker 1: for my parents, that puts some pressure on my household too.
• 44:50
  Speaker 1: That makes it where I have to work harder than
• 44:52
  Speaker 1: maybe I expected to or invest more aggressively than I
• 44:55
  Speaker 1: expected to because I have more responsibilities. So when we
• 44:58
  Speaker 1: can automate our investments, we take the guessing out of it.
• 45:01
  Speaker 1: We actually allow that wealth to be created in our
• 45:04
  Speaker 1: communities automatically rather than it be an emotional decision that
• 45:08
  Speaker 1: already a lot of us aren't making. And I always
• 45:12
  Speaker 1: tell people that your participation in the market is going
• 45:14
  Speaker 1: to beat the perfection because if you're going to wait
• 45:17
  Speaker 1: for the perfect stock, every single stock.
• 45:19
  Speaker 3: Will have a great day.
• 45:20
  Speaker 1: Matter of fact, when you learn technical analysis, most of
• 45:24
  Speaker 1: what you learn is that when stocks are only going
• 45:27
  Speaker 1: in one direction, be careful because the pullback will be steep, right?
• 45:31
  Speaker 1: So to me, it's more important for you to stay, well,
• 45:34
  Speaker 1: not for me, in general, what data has shown is
• 45:37
  Speaker 1: that it's more important to stay invested, right? And then
• 45:40
  Speaker 1: trying to find the exact perfect alternative. I'm not saying
• 45:42
  Speaker 1: don't be smart about what you invest in, but.
• 45:46
  Speaker 9: Steph, Steph, you got to do me a favor.
• 45:48
  Speaker 6: Yeah.
• 45:49
  Speaker 9: You got to tell them our relationship with Micron. Yeah.
• 45:54
  Speaker 9: We've been in this company.
• 45:56
  Speaker 4: I know everybody's talking about it now, but we were
• 45:58
  Speaker 4: here in 2024.
• 45:59
  Speaker 9: We had a class on it.
• 46:01
  Speaker 4: Tell them this love hate that we had with Micron
• 46:04
  Speaker 4: and AMD. And how sometimes just being convicted in the position,
• 46:08
  Speaker 4: using some of those technicals, and maybe you can talk
• 46:10
  Speaker 4: about which ones you're using, can help change how you
• 46:13
  Speaker 4: view the market.
• 46:15
  Speaker 3: For sure.
• 46:16
  Speaker 1: You know, with Micron, when we first, when you brought
• 46:18
  Speaker 1: it into your class, it was like around $ 112. And
• 46:21
  Speaker 1: it dropped to, I think, almost like around $ 80, not
• 46:24
  Speaker 1: long after that. And there, that's where everybody's like wrapping
• 46:27
  Speaker 1: it up, like this is a scam, right? And Micron
• 46:30
  Speaker 1: had actually, all it had done was pull back into
• 46:32
  Speaker 1: an area of support. And after signing support around $ 80,
• 46:35
  Speaker 1: I mean, where are we at now? You know, like crazy.
• 46:39
  Speaker 1: So for me, one of the things that I love
• 46:41
  Speaker 1: to use and I kind of how I showed at
• 46:42
  Speaker 1: the beginning of the presentation, I like to get a
• 46:44
  Speaker 1: macro perspective first. Show me what's going on in the
• 46:47
  Speaker 1: bigger picture, right? Because a lot of times people have
• 46:50
  Speaker 1: like a short term, they're looking at hourly candles, four
• 46:52
  Speaker 1: hour candles on these charts, but you're just looking at
• 46:55
  Speaker 1: what's going on inside of a huger timeframe. There sometimes
• 46:59
  Speaker 1: is like a downtrend, but if the broader trend is up,
• 47:02
  Speaker 1: it's dangerous to be shorting. You know, when the broader trend,
• 47:05
  Speaker 1: if a broader trend is continuing to make higher highs
• 47:07
  Speaker 1: and higher lows, which unfortunately I don't have a chart.
• 47:10
  Speaker 3: We could definitely pull one up though.
• 47:11
  Speaker 1: But if the broader trend, so we'll go back to
• 47:14
  Speaker 1: SPY real quick because here we go.
• 47:16
  Speaker 3: So SPY is a great example of this, right?
• 47:17
  Speaker 1: Because SPY here, this chart basically is showing us where
• 47:21
  Speaker 1: we're creating higher highs and higher lows. Every higher low
• 47:23
  Speaker 1: had pulled back into that 50 EMA, 50 month moving average.
• 47:27
  Speaker 1: And we created to create, we would bounce, create a
• 47:30
  Speaker 1: higher high and a higher low. That's just market structure, right?
• 47:34
  Speaker 1: And the more you get people, investors get comfortable with that,
• 47:37
  Speaker 1: you'll get more comfortable actually investing your money. But when
• 47:40
  Speaker 1: you're unfamiliar, it's like taking a shot and not seeing
• 47:42
  Speaker 1: what's going on in the court. When you're unfamiliar with
• 47:44
  Speaker 1: what's going on, it can be harder.
• 47:46
  Speaker 3: But when the.
• 47:46
  Speaker 1: Broader trend is up, you know, yeah, take your entry
• 47:50
  Speaker 1: on the pullback, but just know that you're riding a
• 47:52
  Speaker 1: train that, you know, historically has found a way to
• 47:57
  Speaker 1: go higher.
• 47:57
  Speaker 3: Amen.
• 47:59
  Speaker 8: Amen.
• 48:02
  Speaker 1: But so my last slide, and I really wanted to
• 48:04
  Speaker 1: share this because of kind of like stories like Micron.
• 48:08
  Speaker 1: In our community, one of the things, we're targeted more
• 48:10
  Speaker 1: than so many other communities.
• 48:12
  Speaker 3: We're targeted with sports gambling. We're targeted with casinos, with betting.
• 48:16
  Speaker 1: We're targeted with lottery tickets. But that's on purpose, right?
• 48:23
  Speaker 1: And even with trading, so many rules have recently changed.
• 48:26
  Speaker 1: That's making it more, you know, where people want to
• 48:27
  Speaker 1: take more risk in becoming traders. But I challenge people
• 48:31
  Speaker 1: to really consistently invest for at least one year before
• 48:34
  Speaker 1: they begin trading. Myself, I started trading. I remember when
• 48:38
  Speaker 1: I started trading, I remember trying to short Meta and
• 48:40
  Speaker 1: Meta was trading at around $ 90. What was I doing
• 48:44
  Speaker 1: shorting Meta? I should have been buying as much Meta
• 48:46
  Speaker 1: as I could. Meta is at $ 670 today. So I
• 48:49
  Speaker 1: lost a lot of money trying to trade. And I
• 48:52
  Speaker 1: learned when I started actually getting serious and listening to
• 48:55
  Speaker 1: Market Mondays and really get serious about building my long-term portfolio,
• 48:59
  Speaker 1: I started to mature as a trader. There's some trades
• 49:01
  Speaker 1: I was just not willing to take. Those ODTE trades,
• 49:04
  Speaker 1: as appetizing as it can be to flip your account
• 49:06
  Speaker 1: real quick, there's volatility that comes with that. So I'm
• 49:10
  Speaker 1: not saying don't do it. I'm just saying do it
• 49:12
  Speaker 1: in the right order first, because that way you're trading
• 49:14
  Speaker 1: from a place that's of responsibility, that you already have
• 49:16
  Speaker 1: something generating you wealth, and you can come to the
• 49:18
  Speaker 1: market with a clean conscience. But I think the most
• 49:22
  Speaker 1: important part of this whole presentation is just participation is
• 49:25
  Speaker 1: what I'll tell people. I know it can be scary,
• 49:27
  Speaker 1: especially when you've lived through scarcity and not knowing where
• 49:30
  Speaker 1: your next dollar is going to come from. I know
• 49:32
  Speaker 1: that feeling, but I also know the feeling of being
• 49:34
  Speaker 1: on the other side and older and wishing I had
• 49:36
  Speaker 1: started way sooner and also seeing now that there's a
• 49:39
  Speaker 1: need on me from parents that decided to not invest.
• 49:42
  Speaker 1: So I recommend that people get to know the market,
• 49:45
  Speaker 1: familiarize yourself. It can seem difficult, but the more time
• 49:48
  Speaker 1: you spend in front of the market and understanding what
• 49:51
  Speaker 1: each of these pullbacks meant, understanding what I mean when
• 49:53
  Speaker 1: I say that we've pulled into the 50 EMA here
• 49:56
  Speaker 1: for the last decade and it's been major support and
• 49:59
  Speaker 1: that we continue to bounce, then it helps you to
• 50:01
  Speaker 1: determine for yourself, you know, where's the best place for
• 50:04
  Speaker 1: me to, for my best risk to reward? Where's the
• 50:06
  Speaker 1: best place for me to deploy my capital? How much
• 50:08
  Speaker 1: money should I be deploying at a certain time? It
• 50:11
  Speaker 1: helps when you understand the technicals.
• 50:14
  Speaker 9: It's vitally important.
• 50:16
  Speaker 4: And so I'll, You alluded to it, but I wanted
• 50:18
  Speaker 4: to know the exact moment when you realized that the
• 50:21
  Speaker 4: day trading aspect of it was just eating you up
• 50:25
  Speaker 4: and realizing that time was the most valuable asset.
• 50:28
  Speaker 9: When did that moment happen for you?
• 50:31
  Speaker 3: Sure.
• 50:32
  Speaker 1: So I think it was when, I don't know if
• 50:34
  Speaker 1: you remember, a few years ago, you had.
• 50:35
  Speaker 3: An options class with Ian.
• 50:36
  Speaker 9: Yeah, yeah, yeah.
• 50:39
  Speaker 1: And so he had actually pulled up a sheet and
• 50:41
  Speaker 1: he was showing us how to evaluate a company and
• 50:43
  Speaker 1: its profit margins. And when he was going throughout evaluation process,
• 50:48
  Speaker 1: that's when it started to click for me, like, Steph, like, what.
• 50:51
  Speaker 3: Are you doing?
• 50:52
  Speaker 1: Like, when that term that we hear, you have to
• 50:56
  Speaker 1: let your money work for you, that's what that means.
• 50:59
  Speaker 1: Investing into companies that they're working harder than I am, right?
• 51:03
  Speaker 1: I'm just trying to ride the wave with them. And
• 51:05
  Speaker 1: that's when I realized, like, and a big tool for
• 51:07
  Speaker 1: me that helped me was Robinhood has a watch list
• 51:11
  Speaker 1: on it. And so for me, I would add positions
• 51:14
  Speaker 1: that maybe to me at that time were too expensive
• 51:16
  Speaker 1: and that I couldn't afford, right? So I would go
• 51:18
  Speaker 1: really close to the money and as much time as
• 51:20
  Speaker 1: I could add. And I would see, there was one,
• 51:23
  Speaker 1: an earner took a trade with ASML and we took
• 51:26
  Speaker 1: the same trade. He took a trade, the time we
• 51:28
  Speaker 1: took the investment, he took a 2027 contract.
• 51:31
  Speaker 3: So this was at the end of 2025. We took
• 51:32
  Speaker 3: ASML around $ 680. I got into the 2026 contract.
• 51:33
  Speaker 1: When he bought that contract, it was worth $ 12, 000.
• 51:41
  Speaker 3: I have it in my watch list still to this day.
• 51:43
  Speaker 1: It's up 900% and each of those contracts is with $ 126, 000.
• 51:47
  Speaker 1: Those are the moments when I learned to, what the
• 51:51
  Speaker 1: hell am I doing investing in ODT trading? That's when
• 51:55
  Speaker 1: I really decided to take this serious. There's a way
• 51:57
  Speaker 1: to do this that you can really make money. But
• 51:59
  Speaker 1: if you're going to constantly try to gamble, it's going
• 52:01
  Speaker 1: to come with its losses as well.
• 52:03
  Speaker 9: That's a valuable lesson. Yeah, valuable.
• 52:08
  Speaker 2: I think my- ASML contract for 2027.
• 52:10
  Speaker 9: Yikes.
• 52:13
  Speaker 4: My last thing would be your favorite moving averages that
• 52:16
  Speaker 4: you use, some of the indicators that you use. So
• 52:19
  Speaker 4: somebody that's listening is trying to figure out what they
• 52:22
  Speaker 4: should put.
• 52:23
  Speaker 9: What would you say?
• 52:25
  Speaker 1: First of all, that's a great question. So first, you
• 52:27
  Speaker 1: got to zoom out. When you look at a chart,
• 52:30
  Speaker 1: don't just pull up an hourly chart. Like I said,
• 52:31
  Speaker 1: you're looking at just what's happening on a lower time frame.
• 52:34
  Speaker 1: go to your macro perspective, go to the monthly timeframe.
• 52:37
  Speaker 1: A lot of what I've studied in my research has
• 52:39
  Speaker 1: shown me that institutions are not trading off a 15
• 52:41
  Speaker 1: minute candle. They're looking at, they're going off those higher timeframes.
• 52:44
  Speaker 1: So when you look at a monthly or a weekly chart,
• 52:47
  Speaker 1: those give you more guidance as to what's happening rather
• 52:49
  Speaker 1: than that short term noise. So when I pull up
• 52:51
  Speaker 1: that macro timeframe, I'm looking for trends. That's my favorite
• 52:55
  Speaker 1: indicator is actually trend lines because it shows us how
• 52:58
  Speaker 1: price has trend, right? The trend of price. After I've
• 53:02
  Speaker 1: added an EMA to my chart, I have to add
• 53:04
  Speaker 1: levels of support and resistance.
• 53:06
  Speaker 3: What is support and resistance?
• 53:08
  Speaker 1: It's literally just price where you can see where prices
• 53:11
  Speaker 1: reach the ceiling. So if you look at currently, we
• 53:14
  Speaker 1: can talk about DRAM. DRAM reached about $ 80. That was
• 53:17
  Speaker 1: a ceiling. It was major resistance. We pulled back, right?
• 53:20
  Speaker 1: We've pulled back, though, into that $ 50 area. It's a
• 53:22
  Speaker 1: major area of support. We see it's kind of bouncing.
• 53:25
  Speaker 1: But when you take those levels of support and resistance
• 53:27
  Speaker 1: from a higher timeframe, then you can calculate how the
• 53:30
  Speaker 1: lower timeframe reacts to those levels. But first, the levels
• 53:33
  Speaker 1: come from a higher timeframe. They take more time to make.
• 53:36
  Speaker 1: That's why they're stronger levels. It's not like an hourly
• 53:38
  Speaker 1: candle takes an hour to make. A monthly candle takes
• 53:40
  Speaker 1: months to make. There's a lot of data from those candles.
• 53:43
  Speaker 1: After you have on there where you have your support
• 53:45
  Speaker 1: and resistance, you have your trend lines. I know EMAs,
• 53:48
  Speaker 1: a lot of people use different EMAs. For me, my favorites,
• 53:51
  Speaker 1: the 50 and the 72 EMAs, I think we're great together.
• 53:55
  Speaker 1: I got the 72 from Ian, but after I've noticed
• 53:58
  Speaker 1: that when we lose the 50 EMA, we'll usually find
• 54:00
  Speaker 1: support around the 72 EMA. And if we lose that,
• 54:02
  Speaker 1: we're usually going to the 200. So after that, I'll
• 54:05
  Speaker 1: use backup with.
• 54:06
  Speaker 9: The 200 and the 400.
• 54:08
  Speaker 3: Yeah, I usually go for the, because what I've noticed,
• 54:10
  Speaker 3: so just, this is just data. This is collecting data.
• 54:12
  Speaker 1: When you look at the charts and you're doing technical analysis,
• 54:14
  Speaker 1: you're really just collecting data. And so from what I've noticed,
• 54:18
  Speaker 1: and we can go back in the charts and you
• 54:19
  Speaker 1: can look at them. When we typically, when we lose
• 54:21
  Speaker 1: a 72 EMA, we usually make our way down to
• 54:23
  Speaker 1: around the 200 EMA. And that goes to trading rules, right?
• 54:27
  Speaker 1: Because if you read books like Fred McAllen, charting and
• 54:30
  Speaker 1: technical analysis, one of the trading rules is when we
• 54:32
  Speaker 1: lose the 50 EMA, we usually drop to the 200.
• 54:35
  Speaker 1: Same with like, if you lose the nine EMA, you
• 54:37
  Speaker 1: usually drop to around the 21. That's how people use
• 54:39
  Speaker 1: EMAs for support and resistance around those rules.
• 54:43
  Speaker 4: I'm glad you said DRAM because they keep saying, why
• 54:45
  Speaker 4: y'all keep saying drama on TV? I'm like, because that's
• 54:48
  Speaker 4: how they're going to read it, man. That's how they're
• 54:50
  Speaker 4: going to read it.
• 54:50
  Speaker 2: Right.
• 54:53
  Speaker 3: And Ram.
• 54:56
  Speaker 6: Well, thank you.
• 54:56
  Speaker 5: That was great, great, great insight. So now we got
• 55:00
  Speaker 5: our last hit at that. We're going to bring the
• 55:05
  Speaker 5: Huda up.
• 55:05
  Speaker 9: Appreciate you, Steph.
• 55:07
  Speaker 3: Thank you so much.
• 55:09
  Speaker 9: All right, let's get them up there. Let's get them
• 55:10
  Speaker 9: up there. There he is. What's up, my guy?
• 55:13
  Speaker 6: What's up? What's up?
• 55:14
  Speaker 7: Yo, I got to top all of that.
• 55:15
  Speaker 9: No pressure.
• 55:16
  Speaker 7: There's a lot of gems right there, yo.
• 55:19
  Speaker 9: No pressure. There's no pressure. No pressure.
• 55:21
  Speaker 6: You got to close the show. No, but I think.
• 55:25
  Speaker 7: Both often it's a phenomenal job. And I'm glad they
• 55:28
  Speaker 7: touched on a few points that is a perfect segue
• 55:32
  Speaker 7: into my presentation because we're talking about emotional discipline. We're
• 55:36
  Speaker 7: talking about consistency. We're talking about being a long-term investor.
• 55:38
  Speaker 7: What does that look like? So for me, For those
• 55:42
  Speaker 7: who don't know my background, my background comes from nursing.
• 55:45
  Speaker 7: And when it comes to health care, when it comes
• 55:47
  Speaker 7: to developing care plans, nurses take a holistic approach, right?
• 55:51
  Speaker 2: So what does that mean?
• 55:52
  Speaker 7: What is a holistic approach? So as a nurse, you're
• 55:54
  Speaker 7: looking at a patient. You're looking at their patient history.
• 55:56
  Speaker 7: You're looking at their family history, psychological history, surgical history.
• 56:00
  Speaker 7: You're doing your head-to-toe assessment. What's the purpose of that?
• 56:03
  Speaker 7: Like Steph said, you're getting a macro picture. You're getting
• 56:05
  Speaker 7: a full picture of what's going on with this patient
• 56:07
  Speaker 7: to be able to go about your care plan. I've
• 56:10
  Speaker 7: used that same framework when it comes to investing, right?
• 56:15
  Speaker 7: You got to look at the big picture. So I
• 56:17
  Speaker 7: said this last year at InvestFest as well. Fundamentals is
• 56:19
  Speaker 7: going to tell you what to buy. Steph just talked
• 56:22
  Speaker 7: about the technicals. Technicals is going to tell you when.
• 56:24
  Speaker 7: And then the other part of it is your research,
• 56:26
  Speaker 7: staying up to date with what's changing within a company.
• 56:29
  Speaker 7: How do we do that? Well, I'm going to dive
• 56:30
  Speaker 7: into that. First things first is that you often hear
• 56:33
  Speaker 7: people talk about being diversified when you're investing, right? We
• 56:36
  Speaker 7: just talked about that. Here are some of the four
• 56:38
  Speaker 7: most widely used ETFs. We have SPYM, for those who
• 56:42
  Speaker 7: aren't familiar with that. They have the same exact holdings
• 56:44
  Speaker 7: as SPY. I personally invest in SPYM mainly because the
• 56:48
  Speaker 7: expense ratio is cheaper, and that's more attractive for a
• 56:51
  Speaker 7: long-term investor, right? And then you also have VOO. That
• 56:54
  Speaker 7: also attracts the S & P 500. Then you have VTI,
• 56:57
  Speaker 7: which accounts for the total market. About 82% of the
• 57:01
  Speaker 7: S & P 500 is baked into the VTI. The
• 57:04
  Speaker 7: rest of VTI accounts for small-cap and mid-cap exposure. And
• 57:08
  Speaker 7: then we have QQQ. That's the technology sector. NASDAQ 100,
• 57:12
  Speaker 7: they actually hold the same mega caps that you see
• 57:15
  Speaker 7: in some of those ETFs minus the financials. And so
• 57:19
  Speaker 7: as we know, diversification means, you know, multiple incomes, multiple
• 57:23
  Speaker 7: streams of income from different areas, right? That doesn't mean,
• 57:27
  Speaker 7: and this is one of the biggest mistakes I made
• 57:28
  Speaker 7: as an investor, that doesn't mean multiple different ticker symbols
• 57:33
  Speaker 7: in your portfolio. Because I've had a few people come
• 57:36
  Speaker 7: up to me and have all four ETFs inside a portfolio.
• 57:40
  Speaker 7: And as we can see here off of this chart,
• 57:42
  Speaker 7: obviously SPYM and VLO have a one-to-one correlation because they're
• 57:45
  Speaker 7: both tracking the same index. VTI slightly dips below that
• 57:49
  Speaker 7: because like we said, it accounts for 82% of it,
• 57:51
  Speaker 7: but the other is mid cap and small cap. And
• 57:53
  Speaker 7: in QQQ, it's strictly just the technicals. Ironically, the technicals
• 57:57
  Speaker 7: are also the same mega caps that are in those
• 57:59
  Speaker 7: other ETFs, right? So essentially having all of those in
• 58:03
  Speaker 7: the same portfolio, you're doubling down, you're almost doubling down
• 58:05
  Speaker 7: on the same bet. That's not true diversification. I'm not
• 58:09
  Speaker 7: a financial advisor, but that is not something I would advise.
• 58:13
  Speaker 7: So going further on into the research of long-term investing, right?
• 58:18
  Speaker 7: I like to say profit is in the research, right?
• 58:20
  Speaker 7: Before I put money into anything, I'm always going to
• 58:22
  Speaker 7: answer these three questions, right? Is it a strong business?
• 58:25
  Speaker 7: That's looking at the fundamentals. Is the price attractive? Looking
• 58:27
  Speaker 7: at the technicals. This third question, I think, goes over
• 58:31
  Speaker 7: a lot of people's head. And that's what could prove
• 58:33
  Speaker 7: me wrong. That's accounting for risk. That's accounting for that
• 58:36
  Speaker 7: downside risk that we often see. We just saw on
• 58:38
  Speaker 7: the chart, That stuff show we see S & P
• 58:40
  Speaker 7: 500 go up. It comes down, goes up, come down.
• 58:42
  Speaker 7: Are we accounting for those pullbacks? That's the question we
• 58:44
  Speaker 7: need to ask during the research, not after the fact. Right.
• 58:48
  Speaker 7: So we're going to dive deeper in it. What am
• 58:50
  Speaker 7: I looking at?
• 58:51
  Speaker 9: Real quick, because this is a good question now, right? Yeah.
• 58:54
  Speaker 4: How do I know it's a strong business? What what
• 58:55
  Speaker 4: are the things that you're looking at from a fundamental standpoint?
• 58:58
  Speaker 4: And I could imagine a few, but what are the
• 59:00
  Speaker 4: things that you're looking at to say, all right, checkmark,
• 59:03
  Speaker 4: this is strong.
• 59:04
  Speaker 7: Perfect segue to the next part. So when it comes
• 59:07
  Speaker 7: to the fundamentals, what am I buying? So I'm paying
• 59:09
  Speaker 7: attention to the revenue trajectory. I want to highlight trajectory
• 59:14
  Speaker 7: because a lot of times people hear a report and
• 59:16
  Speaker 7: they hear the revenue and they're like, all right, this
• 59:17
  Speaker 7: is a great stock. I like to see the trend.
• 59:20
  Speaker 7: Has the revenue been consistently increasing or has it been decreasing?
• 59:24
  Speaker 7: Has it been volatile? One year up, next year down.
• 59:27
  Speaker 7: That's If I see one year up, another year down,
• 59:29
  Speaker 7: that's showing a lot of instability. I don't like that, right?
• 59:33
  Speaker 7: Next thing I'm looking at is the profit margins, your
• 59:35
  Speaker 7: operating margins. What does that trend look like? Are those improving?
• 59:39
  Speaker 7: Is the business growing organically or inorganically? That's very important
• 59:43
  Speaker 7: to pay attention to too. The debt and the cash
• 59:46
  Speaker 7: on the balance sheet. Is this company financially healthy? Do
• 59:50
  Speaker 7: they have enough cash to take care of their debt?
• 59:53
  Speaker 7: That's very important, right? So those are not the only three,
• 59:57
  Speaker 7: but I think those are three crucial fundamental points that
• 59:59
  Speaker 7: I do pay attention to when I'm just looking at
• 1:00:01
  Speaker 7: a company to decide if it's a strong company or
• 1:00:04
  Speaker 7: a weak company. And that helps you decide, is this
• 1:00:06
  Speaker 7: a strong business or a popular stock? I mean, recently
• 1:00:09
  Speaker 7: we just had a popular stock IPO.
• 1:00:10
  Speaker 9: Look at it.
• 1:00:11
  Speaker 6: Look what happened.
• 1:00:12
  Speaker 9: Right.
• 1:00:14
  Speaker 7: And then when we go to the technical aspect of
• 1:00:16
  Speaker 7: things now, like Steph mentioned, we're talking about the support
• 1:00:18
  Speaker 7: and resistance. And that can look very different for different things.
• 1:00:22
  Speaker 7: So like the 52 week high. that can serve as
• 1:00:25
  Speaker 7: an area of resistance because the stock may have gotten
• 1:00:27
  Speaker 7: to that point and it hasn't gotten past it since then.
• 1:00:30
  Speaker 7: The 52-week low, that can serve as an area of
• 1:00:32
  Speaker 7: support too. And then moving averages, as we just mentioned,
• 1:00:36
  Speaker 7: studying charts is very vital. Putting those reps in is
• 1:00:41
  Speaker 7: very vital to identify those support areas because certain stocks
• 1:00:45
  Speaker 7: behave a certain way against certain moving averages. So as
• 1:00:49
  Speaker 7: more reps you put in, the more your eyes will
• 1:00:51
  Speaker 7: be keen to picking up on that And then one
• 1:00:54
  Speaker 7: of the other things that I pay attention to with
• 1:00:55
  Speaker 7: the technicals is the volume, right? So I've done the
• 1:00:58
  Speaker 7: research already, right? Strong fundamentals, profit margins good, taking care
• 1:01:03
  Speaker 7: of their debt, financially healthy. The quality stock has come
• 1:01:07
  Speaker 7: down to their support level. The last piece that I'm
• 1:01:09
  Speaker 7: also paying attention to is the volume. Because a quality
• 1:01:13
  Speaker 7: company coming down to an area of support on weak
• 1:01:16
  Speaker 7: volume is not the same as a quality company pulling
• 1:01:20
  Speaker 7: back to an area of support with stronger volume than
• 1:01:24
  Speaker 7: it has recently had on a strong green candle. Support
• 1:01:27
  Speaker 7: can fall through. That's where the volume aspect comes in
• 1:01:31
  Speaker 7: and provides that conviction as an investor. Once you see
• 1:01:34
  Speaker 7: that conviction, that volume that's significantly higher, it's like, okay,
• 1:01:37
  Speaker 7: the buyers are able to hold this position. This may
• 1:01:39
  Speaker 7: be a good area. And so we just talked about,
• 1:01:44
  Speaker 7: we talked about the fundamentals. We talked about the technicals
• 1:01:47
  Speaker 7: and now we're diving deeper into the research, right? And
• 1:01:50
  Speaker 7: we talked about how y'all recently had the episode with
• 1:01:52
  Speaker 7: Alicia Little using AI. I like using AI without outsourcing
• 1:01:56
  Speaker 7: your thinking. And I want to repeat the aspect of
• 1:02:00
  Speaker 7: without outsourcing your thinking. Because a lot of times people
• 1:02:03
  Speaker 7: may use AI just to get an answer. AI is
• 1:02:05
  Speaker 7: not going to tell me what to buy. AI is
• 1:02:07
  Speaker 7: not going to tell me when to buy. But when
• 1:02:09
  Speaker 7: I'm using AI, what it can do if I'm using
• 1:02:11
  Speaker 7: the right resources, it'll tell me like, hey, you missed
• 1:02:13
  Speaker 7: this key information on this page. Or you missed a
• 1:02:15
  Speaker 7: key highlight from this earnings report. So I'm going to
• 1:02:18
  Speaker 7: walk you guys through a typical workflow that I like
• 1:02:20
  Speaker 7: to use when I'm going over an earnings call. So
• 1:02:24
  Speaker 7: say we have TSM, NVIDIA, any of those companies are reporting.
• 1:02:27
  Speaker 7: I listen to their earnings call. Their earnings call lasts
• 1:02:29
  Speaker 7: typically about an hour, right? Even if I don't catch it,
• 1:02:32
  Speaker 7: that's cool. I'll catch the YouTube link for that transcript
• 1:02:35
  Speaker 7: and I'll plug it into an AI model. I typically
• 1:02:37
  Speaker 7: use Notebook LM and Ulearn. I have some good brothers
• 1:02:41
  Speaker 7: who put me onto those AI models and they've worked
• 1:02:43
  Speaker 7: phenomenal for me. I had no issues with them. But
• 1:02:46
  Speaker 7: once you put that resource into the AI model, you
• 1:02:48
  Speaker 7: want to ask specific questions. This is when you are
• 1:02:51
  Speaker 7: still using your own critical thinking, right? So two prompts
• 1:02:55
  Speaker 7: I like to use. What did management say about the
• 1:02:57
  Speaker 7: future demand? Is the demand for this company, is it
• 1:03:00
  Speaker 7: continuing to go up or has there been a decrease
• 1:03:03
  Speaker 7: in that? Did guidance change from the last quarter and how?
• 1:03:07
  Speaker 7: Those type of questions affect stock prices, affect investor sentiment
• 1:03:10
  Speaker 7: on a stock or an ETF. So when we're looking
• 1:03:14
  Speaker 7: at that, When we pay attention to earnings, what you
• 1:03:17
  Speaker 7: often see and what we've seen throughout this year so far,
• 1:03:19
  Speaker 7: a company may be top and bottom. And then a
• 1:03:23
  Speaker 7: couple of hours later in the after hours, we see
• 1:03:25
  Speaker 7: the stock drop. A lot of times it's because the
• 1:03:28
  Speaker 7: guidance wasn't what they expected or they fell short of
• 1:03:31
  Speaker 7: the guidance that was reported in the previous quarter. So
• 1:03:33
  Speaker 7: that's the reason why I add that as a prompt
• 1:03:35
  Speaker 7: into my questions. Once I gather that information, the last
• 1:03:40
  Speaker 7: piece to bring everything all together, I'm paying attention to
• 1:03:43
  Speaker 7: a primary resource. And that's typically is their 10Q. And
• 1:03:46
  Speaker 7: so the 10Q is a consolidated quarterly report that companies
• 1:03:51
  Speaker 7: have to put out each quarter. That's going to confirm
• 1:03:54
  Speaker 7: any data points that I may have heard in the
• 1:03:56
  Speaker 7: earnings call that I may have picked it from the
• 1:03:59
  Speaker 7: AI model. And I put that all together just to verify.
• 1:04:02
  Speaker 7: Because again, we just talked about regulations. AI, they don't
• 1:04:07
  Speaker 7: have complete regulations. In fact, there's no comprehensive federal AI regulation.
• 1:04:12
  Speaker 7: Each state are starting to develop their own regulations around AI.
• 1:04:16
  Speaker 7: and AI can hallucinate. So you always want to make
• 1:04:17
  Speaker 7: sure you're putting in a primary source to get accurate
• 1:04:21
  Speaker 7: information out of it. So I told you three questions
• 1:04:25
  Speaker 7: before as a part of the checklist, and I left
• 1:04:28
  Speaker 7: out one mainly because it doesn't have to deal so
• 1:04:31
  Speaker 7: much on the stock or our sector or whatever it
• 1:04:34
  Speaker 7: has to do with you. So we talked about the business.
• 1:04:36
  Speaker 9: Is it a strong company?
• 1:04:37
  Speaker 7: Fundamentals. We talked about price, looking at the technicals. We
• 1:04:40
  Speaker 7: talked about risk. What can make my thesis wrong? The
• 1:04:45
  Speaker 7: last piece of that is the decision. And a lot
• 1:04:48
  Speaker 7: of that has to do has to deal with your
• 1:04:51
  Speaker 7: mental capacity. A lot of it has to do with
• 1:04:52
  Speaker 7: your discipline. Can I hold this company if it drops 20, 30, 40,
• 1:04:58
  Speaker 7: 50 percent? Am I going to be encouraged to actually
• 1:05:02
  Speaker 7: buy more when it does drop that amount? I think
• 1:05:05
  Speaker 7: a lot of people, especially beginners, miss that aspect and
• 1:05:09
  Speaker 7: make that at the end when there's fair in the market.
• 1:05:13
  Speaker 7: It's better to have that decision known while you're doing
• 1:05:15
  Speaker 7: the research before you make that investment. So you know
• 1:05:18
  Speaker 7: how to act when the market does pull back because
• 1:05:21
  Speaker 7: it's not a matter of if the market's going to
• 1:05:22
  Speaker 7: pull back. It's really when.
• 1:05:24
  Speaker 2: Right.
• 1:05:25
  Speaker 7: So I added that in there to say that although
• 1:05:29
  Speaker 7: this is a framework, it doesn't mean that this checklist
• 1:05:32
  Speaker 7: is going to mean I'm always right. But what it's
• 1:05:35
  Speaker 7: going to do is going to keep me consistent. And
• 1:05:38
  Speaker 7: I never met a successful investor that wasn't disciplined and
• 1:05:42
  Speaker 7: wasn't consistent. That's how you get rewarded as a long-term investor.
• 1:05:47
  Speaker 7: And so I wanted to bring this all back to
• 1:05:50
  Speaker 7: the fact that I heard a billionaire recently say this.
• 1:05:52
  Speaker 7: I'm going to paraphrase it because I don't want to
• 1:05:54
  Speaker 7: butcher what he said. But investing is definitely going to
• 1:05:57
  Speaker 7: challenge your confidence at some point. He said that investing
• 1:06:00
  Speaker 7: constantly makes you feel less smart. And it's happened to
• 1:06:03
  Speaker 7: all of us. It's happened to me. You can do
• 1:06:04
  Speaker 7: all the research in the world. You can make a
• 1:06:06
  Speaker 7: sound decision. And it could still go against you, right?
• 1:06:10
  Speaker 7: The goal isn't to completely eliminate uncertainty. I personally believe
• 1:06:14
  Speaker 7: you cannot 100% eliminate uncertainty. That's not in your control.
• 1:06:18
  Speaker 7: But what is in your control is your ability to
• 1:06:20
  Speaker 7: control your emotions when the market moves one direction or another.
• 1:06:26
  Speaker 7: We think about professions like a pilot. We think about surgeons.
• 1:06:30
  Speaker 7: They follow a checklist. No matter how many times that
• 1:06:32
  Speaker 7: pilot has flown a plane, no matter how many surgeries
• 1:06:35
  Speaker 7: that surgeon has completed, there's still a checklist that they
• 1:06:39
  Speaker 7: are abiding by and following each and every time. That
• 1:06:42
  Speaker 7: is what makes that procedure easier versus someone who goes
• 1:06:45
  Speaker 7: in without having a framework, no checklist to go off of.
• 1:06:49
  Speaker 7: That leads to a lot of possible errors. So you
• 1:06:52
  Speaker 7: want to make sure you mitigate those risks. That's what
• 1:06:53
  Speaker 7: that framework is there for. So I wanted to open
• 1:06:56
  Speaker 7: up a question to everybody here, actually, and say, what
• 1:06:59
  Speaker 7: is your thoughts on investing? A lot of people say
• 1:07:01
  Speaker 7: investing is hard. What are your thoughts on that? I
• 1:07:02
  Speaker 7: personally believe as you have a framework, investing isn't that hard.
• 1:07:08
  Speaker 9: I'm with you. I'm with you.
• 1:07:09
  Speaker 4: I'm on the record of saying that investing is easy.
• 1:07:15
  Speaker 9: It's just not simple, right?
• 1:07:18
  Speaker 4: Because if you have the framework, if you have those thresholds,
• 1:07:21
  Speaker 4: if you have the metrics before you enter any position,
• 1:07:25
  Speaker 4: then you feel confident in what you're doing. I'm glad
• 1:07:29
  Speaker 4: you said that. It will challenge your confidence. There have
• 1:07:31
  Speaker 4: been times when your confidence is going to be challenged.
• 1:07:33
  Speaker 4: How you respond will will be the determining factor of
• 1:07:36
  Speaker 4: what type of investor you are. And I think before
• 1:07:38
  Speaker 4: anybody does anything, they should figure out what type of
• 1:07:41
  Speaker 4: investor they are, right? Like, are they going to be moderate?
• 1:07:44
  Speaker 4: Are they going to be a day trader? Are they
• 1:07:46
  Speaker 4: going to be a swing trader? Are they going to
• 1:07:47
  Speaker 4: be a long-term leaps? Are they just going to be
• 1:07:49
  Speaker 4: a long-term buy and hold? Those are questions that you
• 1:07:52
  Speaker 4: got to answer before, because if you start doing things
• 1:07:55
  Speaker 4: out of your will barrel, if you start doing things
• 1:07:58
  Speaker 4: out of your emotional discipline in terms of investing, Yeah,
• 1:08:03
  Speaker 4: it could get bad very quickly. Confidence can weigh very
• 1:08:06
  Speaker 4: quickly and then you're out of it and you're never
• 1:08:08
  Speaker 4: coming back.
• 1:08:09
  Speaker 9: So I'm glad that emotional piece is very important.
• 1:08:12
  Speaker 7: Yeah.
• 1:08:14
  Speaker 9: What you got?
• 1:08:15
  Speaker 5: No, I mean, you summed it up, you know, as
• 1:08:17
  Speaker 5: far as really knowing what kind of personality you have,
• 1:08:21
  Speaker 5: what your goals are. But I like, you know, you
• 1:08:24
  Speaker 5: brought out the VOO, VTI, QQQ and that. A lot
• 1:08:28
  Speaker 5: of times it can even be simple, honestly.
• 1:08:31
  Speaker 9: It depends.
• 1:08:31
  Speaker 5: I think it gets a little bit more complicated depending
• 1:08:34
  Speaker 5: on the higher amount of returns or how much risk
• 1:08:36
  Speaker 5: you want. But it can really be easy and simple
• 1:08:40
  Speaker 5: if you just put your money in the S &
• 1:08:42
  Speaker 5: P 500. You can't get easier or simpler than that, right?
• 1:08:46
  Speaker 5: But then it's like, okay, well, I'm only going to
• 1:08:48
  Speaker 5: get 12%. Well, that's a decision that you made. So now, yeah,
• 1:08:53
  Speaker 5: now it gets a little bit more hard and complicated.
• 1:08:55
  Speaker 5: But long story short, there's a pocket for everybody. And
• 1:08:59
  Speaker 5: there's a pocket for... s & p 500 investors that's
• 1:09:01
  Speaker 5: better that's that's better than the majority with the majority
• 1:09:05
  Speaker 5: of people are doing because the majority of people is
• 1:09:06
  Speaker 5: just putting their money in the bank account or they're
• 1:09:07
  Speaker 5: not doing anything with their money so just by doing
• 1:09:11
  Speaker 5: relatively nothing which is just put your money in the
• 1:09:15
  Speaker 5: S & P 500, which is putting your money into
• 1:09:17
  Speaker 5: the stock market, literally putting your money into the stock market.
• 1:09:21
  Speaker 5: If you do that consistently over the course of time
• 1:09:23
  Speaker 5: and you put more money in, you'll technically be wealthy.
• 1:09:29
  Speaker 5: It's just a matter of when. It's just a matter
• 1:09:31
  Speaker 5: of when, right? As long as you put some level
• 1:09:33
  Speaker 5: of substantial money in, like you don't have to put
• 1:09:36
  Speaker 5: $ 1, 000 a month in, but you put $ 200, $ 300, $ 400
• 1:09:38
  Speaker 5: add up over the course of time.
• 1:09:40
  Speaker 6: You get a tax return. You dump that in.
• 1:09:43
  Speaker 5: Over the course of time, it's not going to take
• 1:09:46
  Speaker 5: five years, maybe not 10 years, but over the course
• 1:09:49
  Speaker 5: of time, if you just do that, you will be
• 1:09:53
  Speaker 5: wealthy at some point in time.
• 1:09:57
  Speaker 9: Most people are not going to do it.
• 1:09:59
  Speaker 7: What I often say is when I'm talking to some people,
• 1:10:01
  Speaker 7: especially the nurses in the hospital, everybody's under some kind
• 1:10:05
  Speaker 7: of pressure at this moment.
• 1:10:06
  Speaker 6: Inflation's high.
• 1:10:07
  Speaker 7: Everybody's talking about that, but then when they bring up
• 1:10:09
  Speaker 7: the point of inflation being high, I'm like, you know
• 1:10:11
  Speaker 7: the only thing outpacing inflation right now.
• 1:10:13
  Speaker 2: It's the market.
• 1:10:17
  Speaker 7: Like, simple as that, you know?
• 1:10:19
  Speaker 9: 100%. You brought up, and I've never asked either of
• 1:10:25
  Speaker 9: you this.
• 1:10:26
  Speaker 4: You talked about position size, and I wonder when you're
• 1:10:29
  Speaker 4: going into buying equities or indexes or if you're doing options,
• 1:10:35
  Speaker 4: is there a number that you're trying to have going
• 1:10:38
  Speaker 4: into the trade? Is it like, if I'm going to
• 1:10:40
  Speaker 4: buy shares, I want to have 10? If I'm buying contracts,
• 1:10:43
  Speaker 4: I want to have at least four. Do you each
• 1:10:45
  Speaker 4: have a metric that you use?
• 1:10:49
  Speaker 1: Well, for me personally, everything I base is off risk
• 1:10:52
  Speaker 1: to reward. So for me, especially with options, options are
• 1:10:57
  Speaker 1: way more volatile. My entry matters way more than long-term investing.
• 1:11:02
  Speaker 1: And if I see I have a good risk to reward,
• 1:11:04
  Speaker 1: I'm more willing to enter with more size than something
• 1:11:07
  Speaker 1: that maybe has already ran and has reached an area
• 1:11:09
  Speaker 1: of resistance. I shared with EYL University in our last
• 1:11:12
  Speaker 1: investors group meeting that, you know, I was watching IBM
• 1:11:15
  Speaker 1: to see it actually had reached the top of a
• 1:11:17
  Speaker 1: trend that was acting as major resistance. And a lot
• 1:11:19
  Speaker 1: of the stocks recently have broken those ranges. So I
• 1:11:22
  Speaker 1: was watching and I took a little bit of risk.
• 1:11:23
  Speaker 1: You know, I mean, I took two contracts. That's nothing crazy,
• 1:11:27
  Speaker 1: but I wouldn't have added something like 100 contracts at
• 1:11:30
  Speaker 1: a major area of resistance, something that I'm trying to
• 1:11:32
  Speaker 1: see if it's going to break out. But like buying
• 1:11:35
  Speaker 1: and holding my long term investment, for me personally, I
• 1:11:38
  Speaker 1: can't think about it too much because I won't do it.
• 1:11:40
  Speaker 1: So I have a consistent amount that I max out
• 1:11:42
  Speaker 1: my Roth IRA and then add what I need for
• 1:11:44
  Speaker 1: my freedom number. And I do that every single month.
• 1:11:47
  Speaker 1: I have to do it. For me, it has to
• 1:11:48
  Speaker 1: be a discipline.
• 1:11:50
  Speaker 8: For myself personally, I attest to the I'm a long-term
• 1:11:54
  Speaker 8: investor first, no matter what. My personal goal is to
• 1:11:59
  Speaker 8: hit 25 shares of each stock that I have in
• 1:12:01
  Speaker 8: my portfolio, then 50 shares and 100 shares and 150,
• 1:12:04
  Speaker 8: and then building up to the eventual 1,000, 2,000, 3,000,
• 1:12:06
  Speaker 8: 4,000 shares and.
• 1:12:09
  Speaker 2: No, I don't have it.
• 1:12:10
  Speaker 8: But no, that's what I attest to because I want
• 1:12:15
  Speaker 8: my portfolio to be evened out. I only have six
• 1:12:20
  Speaker 8: positions on the stock side and eight positions in crypto.
• 1:12:24
  Speaker 2: That's it.
• 1:12:25
  Speaker 8: I want the same amount of shares for every single one.
• 1:12:27
  Speaker 8: So I'm evenly distributed across each because you never know
• 1:12:30
  Speaker 8: at any given point in time when the stock is
• 1:12:33
  Speaker 8: going to pop. You never know at any given point
• 1:12:35
  Speaker 8: in time if something's going to pull back. And when
• 1:12:37
  Speaker 8: something pulls back, that's when I'll start going. Let's say
• 1:12:39
  Speaker 8: I'm at 50 shares of Microsoft and 40 shares of Google.
• 1:12:42
  Speaker 8: If Microsoft pulls back, I'm going to start reaching towards
• 1:12:44
  Speaker 8: my 100-share goal for Microsoft. And then when Google pulls back,
• 1:12:47
  Speaker 8: I'm going to hit my 50-share goal and my 100-share
• 1:12:49
  Speaker 8: goal for Google. So that's how I've been doing it.
• 1:12:52
  Speaker 8: It's worked pretty well for me thus far.
• 1:12:54
  Speaker 9: I like that.
• 1:12:55
  Speaker 1: Austin, you shared something with us, though, that I thought
• 1:12:58
  Speaker 1: was a gem in our chat. You remember when you
• 1:12:59
  Speaker 1: shared with us, you only have those certain positions in
• 1:13:02
  Speaker 1: your portfolio, and some of them may get replaced if
• 1:13:04
  Speaker 1: they're not acting right.
• 1:13:05
  Speaker 3: Mm-hmm.
• 1:13:06
  Speaker 2: They got to act right.
• 1:13:07
  Speaker 7: You're willing to convince my portfolio.
• 1:13:12
  Speaker 8: Yeah, because I just want the best for all of us, especially, like,
• 1:13:16
  Speaker 8: I've built such a good relationship with Stefan DeHuda over
• 1:13:18
  Speaker 8: the last couple of years, but I just want the
• 1:13:20
  Speaker 8: best for our community. And I don't want us to
• 1:13:22
  Speaker 8: get tricked out of our spot, but I also don't
• 1:13:24
  Speaker 8: want us to be able to hold on to or
• 1:13:26
  Speaker 8: try to catch a falling knife.
• 1:13:27
  Speaker 2: If something is a bad company that sucks, it just, like,
• 1:13:30
  Speaker 2: is what it is.
• 1:13:31
  Speaker 8: Like, that's when you have to be able to compare
• 1:13:33
  Speaker 8: the overall trend, like how DeHuda was saying earlier.
• 1:13:35
  Speaker 2: Like, what's the trend of revenue? Like, is it going up?
• 1:13:39
  Speaker 2: Is it going down?
• 1:13:40
  Speaker 8: Like, is the stock dropping? Like, are we catching the
• 1:13:43
  Speaker 8: falling knife? Those are questions you have to answer for yourself.
• 1:13:46
  Speaker 8: And I answer those questions. They're hard questions.
• 1:13:47
  Speaker 2: Like, do I replace Microsoft with TSM?
• 1:13:53
  Speaker 8: Like, I make sure that I have a hard number
• 1:13:55
  Speaker 8: of assets I have in my portfolio. No, I'm not
• 1:13:58
  Speaker 8: replacing Microsoft right now. But that's just how I go
• 1:14:03
  Speaker 8: about things personally.
• 1:14:05
  Speaker 7: Yeah, I'm along the same lines of like accumulating shares,
• 1:14:08
  Speaker 7: similar to how Austin mentioned it. But more specifically, it's
• 1:14:11
  Speaker 7: like an example.
• 1:14:12
  Speaker 2: I like that 20 percent mark as a framework.
• 1:14:15
  Speaker 7: Like once a company pulls back to be like, all right,
• 1:14:17
  Speaker 7: that's like the limit in my head to be like,
• 1:14:19
  Speaker 7: all right, maybe I can allocate some. Not the entire
• 1:14:22
  Speaker 7: not a not a load to boat price type situation,
• 1:14:24
  Speaker 7: but maybe I can allocate some money to acquire some
• 1:14:26
  Speaker 7: more shares here. But at the same breath, you can't
• 1:14:30
  Speaker 7: always wait. for that 20% pullback because it may not come.
• 1:14:34
  Speaker 7: And that's when what we talked about with the moving
• 1:14:36
  Speaker 7: average averages come into play. You know, it may come
• 1:14:39
  Speaker 7: back to like a 20 EMA or 50 EMA consistently.
• 1:14:43
  Speaker 7: That will be an area to deploy some money to
• 1:14:45
  Speaker 7: acquire some more shares. So that's how I go about
• 1:14:47
  Speaker 7: my approach with it.
• 1:14:50
  Speaker 9: I'm so proud of y'all. I'm very proud of y'all.
• 1:14:55
  Speaker 9: Amazing job.
• 1:14:56
  Speaker 5: We want to thank you guys. You know, EY University, InvestFest,
• 1:15:00
  Speaker 5: and now this is It's about educating the masses. And
• 1:15:05
  Speaker 5: you guys have done a great job inside of EYL
• 1:15:08
  Speaker 5: University and continue to do such a great job.
• 1:15:11
  Speaker 6: So wanting to highlight you. And once again, thank you.
• 1:15:15
  Speaker 5: So can you please tell people where to follow you
• 1:15:17
  Speaker 5: on social media and all that stuff?
• 1:15:21
  Speaker 7: Yeah, so you guys can follow me at dahudahunter on
• 1:15:24
  Speaker 7: Instagram or across all platforms. And then also, I just
• 1:15:27
  Speaker 7: want to give a special thank you to you guys.
• 1:15:30
  Speaker 7: a lot of opportunities come from being at InvestFest. I'll
• 1:15:34
  Speaker 7: just get my own personal story. I was at InvestFest
• 1:15:38
  Speaker 7: last year, obviously, and I got the opportunity to meet
• 1:15:43
  Speaker 7: a high-profile person or somebody who works with a high-profile person,
• 1:15:46
  Speaker 7: and I got to work at their event this summer.
• 1:15:49
  Speaker 7: That would have never happened if I went to InvestFest.
• 1:15:53
  Speaker 7: You never know what could happen.
• 1:15:54
  Speaker 6: You never know.
• 1:15:54
  Speaker 9: You never know. You never know.
• 1:15:56
  Speaker 2: You never know.
• 1:15:57
  Speaker 8: For sure.
• 1:15:58
  Speaker 3: So I'm on Instagram. You can follow me as Steffi
• 1:16:00
  Speaker 3: underscore trades.
• 1:16:01
  Speaker 8: You guys can follow me at Austin Haynes, H-A-Y-N-E-S underscore underscore.
• 1:16:06
  Speaker 8: I'm on Instagram. That's the only social media platform I'm
• 1:16:09
  Speaker 8: personally on. So I want to be able to tell
• 1:16:10
  Speaker 8: everyone to join EYLU. EYLU has personally changed my life.
• 1:16:14
  Speaker 8: I know it's changed a lot of people's lives around me.
• 1:16:17
  Speaker 8: I don't want to say names or put the business
• 1:16:18
  Speaker 8: out there, but they're in a much better financial situation
• 1:16:21
  Speaker 8: than they were a couple of years ago when they
• 1:16:22
  Speaker 8: first joined. I don't want people to take that for granted.
• 1:16:25
  Speaker 8: There's a lot of bad information. There's a lot of
• 1:16:27
  Speaker 8: bad actors out there, but this community is a real family.
• 1:16:31
  Speaker 8: So please come join, come attend not only the investors group,
• 1:16:34
  Speaker 8: but the rest of the clubs that we have within
• 1:16:35
  Speaker 8: the community, because it can really help change you for
• 1:16:38
  Speaker 8: the better.
• 1:16:40
  Speaker 3: Absolutely.
• 1:16:41
  Speaker 1: We're doing the technicals. So if you feel like you
• 1:16:44
  Speaker 1: don't know, doing every Monday morning, we're pulling them up.
• 1:16:47
  Speaker 9: I was in there. I was in there.
• 1:16:49
  Speaker 4: I just want to say this, that, uh, I watched
• 1:16:52
  Speaker 4: your presentation last year at InvestFest. It was one of
• 1:16:55
  Speaker 4: the proudest moments that I had watching 4,000 people come
• 1:16:58
  Speaker 4: to see y'all speak and y'all have that moment. There's
• 1:17:02
  Speaker 4: nothing small about that. 4,000 people came to see y'all, right?
• 1:17:07
  Speaker 4: That's incredible. It speaks to the amount of work, the
• 1:17:10
  Speaker 4: amount of dedication and sacrifice and the execution that people
• 1:17:13
  Speaker 4: are making off.
• 1:17:13
  Speaker 9: The information that y'all are giving. So keep going. Y'all
• 1:17:16
  Speaker 9: know the rules. Stay low, keep firing. We are not done. Period.
• 1:17:22
  Speaker 6: Thank you guys. Thank you so much.
• 1:17:24
  Speaker 9: Love is love.
• 1:17:27
  Speaker 5: EYL University. The place to be, ladies and gentlemen. Go
• 1:17:32
  Speaker 5: to EYLUniversity.com if you want to join. It's highlighting some really,
• 1:17:37
  Speaker 5: really valuable people inside the community and great insight when
• 1:17:40
  Speaker 5: it comes to investing, how to start investing, and some
• 1:17:43
  Speaker 5: key things you should know about investing before you get
• 1:17:45
  Speaker 5: started and even as you continue to continue your journey
• 1:17:49
  Speaker 5: in investing. So we got to do that at least
• 1:17:52
  Speaker 5: once a year.
• 1:17:53
  Speaker 9: Absolutely, man.
• 1:17:55
  Speaker 4: Uh, stay low, keep firing information on us, execution on y'all.
• 1:17:58
  Speaker 4: Y'all know how this works.
• 1:17:59
  Speaker 9: Love is love.
• 1:18:00
  Speaker 6: All right, guys. Later.