The Upcoming Market CRASH (My Response)
Published on: December 4 2022 by Hayden Bowles
The Upcoming Market CRASH (My Response)
Table of Contents
The Upcoming Market CRASH (My Response)
| startTime | durationTime | text |
| 00:00:02 | 00:00:05 | if i'm elected |
| 00:00:03 | 00:00:07 | if he's elected the stok market will |
| 00:00:05 | 00:00:17 | crash okay |
| 00:00:07 | 00:00:19 | well biden won |
| 00:00:17 | 00:00:20 | hey welcome back into another video if |
| 00:00:19 | 00:00:22 | you are new to the channel my name is |
| 00:00:20 | 00:00:24 | hayden on here we tok a lot about |
| 00:00:22 | 00:00:24 | business primarily e-commerce real |
| 00:00:24 | 00:00:26 | estate |
| 00:00:24 | 00:00:28 | this video in partikular is going to be |
| 00:00:26 | 00:00:28 | a little bit bigger and broader than |
| 00:00:28 | 00:00:30 | that |
| 00:00:28 | 00:00:31 | toking about the overall market we're |
| 00:00:30 | 00:00:33 | going to tok about stoks real estate |
| 00:00:31 | 00:00:33 | as well as touching a little bit on |
| 00:00:33 | 00:00:34 | crypto |
| 00:00:33 | 00:00:37 | which if you haven't been keeping your |
| 00:00:34 | 00:00:39 | eye on that has been going bananas now |
| 00:00:37 | 00:00:40 | just kind of give you a perspective of |
| 00:00:39 | 00:00:42 | my standpoint on here |
| 00:00:40 | 00:00:44 | my portfolio is predominantly real |
| 00:00:42 | 00:00:46 | estate i have a little bit of stoks |
| 00:00:44 | 00:00:46 | very little bit with crypto i've been in |
| 00:00:46 | 00:00:49 | and out of that |
| 00:00:46 | 00:00:50 | but mostly cash so i'm in an interesting |
| 00:00:49 | 00:00:52 | position |
| 00:00:50 | 00:00:53 | um i've had a lot of things go really |
| 00:00:52 | 00:00:55 | well over the last 12 months a lot |
| 00:00:53 | 00:00:56 | not go so well we're going to tok |
| 00:00:55 | 00:00:58 | through some of that i'm going to give |
| 00:00:56 | 00:00:58 | you my prediction on what's going on |
| 00:00:58 | 00:01:00 | with the market |
| 00:00:58 | 00:01:02 | kind of where i see the most value and |
| 00:01:00 | 00:01:04 | opportunity over the coming years |
| 00:01:02 | 00:01:04 | especially with a new leader right a new |
| 00:01:04 | 00:01:06 | president |
| 00:01:04 | 00:01:07 | in the states all right so this should |
| 00:01:06 | 00:01:07 | be very interesting if you're excited |
| 00:01:07 | 00:01:09 | for the video |
| 00:01:07 | 00:01:11 | make sure to smash a like and we're |
| 00:01:09 | 00:01:13 | gonna jump right in okay election stoks |
| 00:01:11 | 00:01:14 | crypto real estate i've never really |
| 00:01:13 | 00:01:16 | been one to follow politiks it just |
| 00:01:14 | 00:01:18 | it's not really up my alley it doesn't |
| 00:01:16 | 00:01:20 | interest me a ton however |
| 00:01:18 | 00:01:21 | now from an investment perspective it |
| 00:01:20 | 00:01:23 | has been affecting me a lot so it's |
| 00:01:21 | 00:01:25 | something i keep my eye on |
| 00:01:23 | 00:01:27 | now for an overall market perspective |
| 00:01:25 | 00:01:29 | generalized the stok market |
| 00:01:27 | 00:01:30 | did actually have a pretty hard pullback |
| 00:01:29 | 00:01:32 | uh you know i don't know if you'd call |
| 00:01:30 | 00:01:34 | it a full crash obviously but |
| 00:01:32 | 00:01:36 | for a pretty hard pullback uh right when |
| 00:01:34 | 00:01:36 | it looked like biden was going to be |
| 00:01:36 | 00:01:38 | president |
| 00:01:36 | 00:01:40 | donald trump did call that which was |
| 00:01:38 | 00:01:42 | pretty funny i have to give him that he |
| 00:01:40 | 00:01:43 | literally directly said that when they |
| 00:01:42 | 00:01:45 | were going head to head of who was going |
| 00:01:43 | 00:01:46 | to become president for the next term |
| 00:01:45 | 00:01:48 | biden doesn't know he's alive without |
| 00:01:46 | 00:01:49 | crazy the markets have been it actually |
| 00:01:48 | 00:01:51 | quickly recovered and has actually |
| 00:01:49 | 00:01:53 | increased by 14.3 percent |
| 00:01:51 | 00:01:55 | between election day and the |
| 00:01:53 | 00:01:56 | inauguration day which if i'm not |
| 00:01:55 | 00:01:58 | mistaken is the single |
| 00:01:56 | 00:02:00 | highest increase between those two |
| 00:01:58 | 00:02:01 | points in any presidency |
| 00:02:00 | 00:02:03 | which is pretty crazy and it wasn't like |
| 00:02:01 | 00:02:05 | by a little bit i mean it like surpassed |
| 00:02:03 | 00:02:06 | it by a good amount so |
| 00:02:05 | 00:02:08 | it was really interesting to see that |
| 00:02:06 | 00:02:10 | the fact that the market's been up |
| 00:02:08 | 00:02:12 | so much and that has a little bit of |
| 00:02:10 | 00:02:12 | wobbliness and then continues to push |
| 00:02:12 | 00:02:14 | further |
| 00:02:12 | 00:02:16 | which i personally did not expect i |
| 00:02:14 | 00:02:18 | thought we would see a bigger pullback |
| 00:02:16 | 00:02:19 | from a stok market perspective |
| 00:02:18 | 00:02:21 | obviously things are still kind of |
| 00:02:19 | 00:02:22 | settling down and becoming a little less |
| 00:02:21 | 00:02:23 | volatile |
| 00:02:22 | 00:02:26 | but we'll see what happens okay now |
| 00:02:23 | 00:02:28 | continuing on with the overall market |
| 00:02:26 | 00:02:29 | it seems like joe in my opinion people |
| 00:02:28 | 00:02:30 | are going to argue with this |
| 00:02:29 | 00:02:33 | doesn't really understand how the |
| 00:02:30 | 00:02:35 | economy works however he wants to print |
| 00:02:33 | 00:02:37 | two trillion dollars and wipe out |
| 00:02:35 | 00:02:39 | anywhere from ten thousand dollars |
| 00:02:37 | 00:02:41 | to fifty thousand dollars of student |
| 00:02:39 | 00:02:44 | loan debt for each |
| 00:02:41 | 00:02:46 | student okay this slightly scares me but |
| 00:02:44 | 00:02:48 | it's also good news for real estate so |
| 00:02:46 | 00:02:50 | i mean this is just gonna even cause |
| 00:02:48 | 00:02:52 | more issues i think there's already been |
| 00:02:50 | 00:02:53 | over 10 trillion dollars printed |
| 00:02:52 | 00:02:55 | with things that were going on with |
| 00:02:53 | 00:02:56 | trump they tried to bury the first four |
| 00:02:55 | 00:02:58 | and it was like very interesting to see |
| 00:02:56 | 00:02:59 | what's been going on but if he tries to |
| 00:02:58 | 00:03:00 | do this |
| 00:02:59 | 00:03:02 | it's not helping the problem and as |
| 00:03:00 | 00:03:04 | someone who supports the american |
| 00:03:02 | 00:03:06 | education system in a small way |
| 00:03:04 | 00:03:08 | i'm not someone who truly believes in |
| 00:03:06 | 00:03:08 | college unless you know exactly what you |
| 00:03:08 | 00:03:10 | want to do |
| 00:03:08 | 00:03:11 | and it requires that hey i want to |
| 00:03:10 | 00:03:12 | become a lawyer cool do it if you need |
| 00:03:11 | 00:03:14 | to use debt to do it |
| 00:03:12 | 00:03:16 | that's totally fine but look at the roi |
| 00:03:14 | 00:03:18 | when there's kids coming out of school |
| 00:03:16 | 00:03:20 | with 280 000 in debt and they're an art |
| 00:03:18 | 00:03:20 | major and they can't even get any job in |
| 00:03:20 | 00:03:22 | their field |
| 00:03:20 | 00:03:24 | that's not a good investment it doesn't |
| 00:03:22 | 00:03:25 | make sense i know so many people |
| 00:03:24 | 00:03:26 | who don't even know what they want to do |
| 00:03:25 | 00:03:28 | yet but they're still in school and |
| 00:03:26 | 00:03:31 | they're taking out debt to do that |
| 00:03:28 | 00:03:33 | so even if biden wants to wipe out he |
| 00:03:31 | 00:03:33 | said ten thousand now i think the the |
| 00:03:33 | 00:03:35 | senate |
| 00:03:33 | 00:03:37 | or whoever is trying to get him to push |
| 00:03:35 | 00:03:37 | for fifty thousand dollars with student |
| 00:03:37 | 00:03:39 | debt |
| 00:03:37 | 00:03:41 | first of all that's gonna negatively |
| 00:03:39 | 00:03:43 | impact the economy in multiple ways |
| 00:03:41 | 00:03:45 | you've got the debt that is now directly |
| 00:03:43 | 00:03:46 | gone and not gonna be paid back right |
| 00:03:45 | 00:03:47 | student loans kind of the only debt you |
| 00:03:46 | 00:03:49 | have to pay back but if you wipes out a |
| 00:03:47 | 00:03:51 | chunk of that for every single student |
| 00:03:49 | 00:03:52 | that's going to create an issue from a |
| 00:03:51 | 00:03:54 | secondary perspective what about all the |
| 00:03:52 | 00:03:56 | kids who are going to be going into |
| 00:03:54 | 00:03:56 | college in a year in two years in five |
| 00:03:56 | 00:03:59 | years |
| 00:03:56 | 00:04:01 | and see that these other students had 10 |
| 00:03:59 | 00:04:02 | to fifty thousand dollars wiped out |
| 00:04:01 | 00:04:03 | they're now going to expect the |
| 00:04:02 | 00:04:04 | reduction otherwise that's not going to |
| 00:04:03 | 00:04:06 | be fair |
| 00:04:04 | 00:04:07 | so that's going to slowly create this |
| 00:04:06 | 00:04:09 | whole it's called trichonomics |
| 00:04:07 | 00:04:11 | it's going to just trickle down and |
| 00:04:09 | 00:04:13 | cause this huge economic issue |
| 00:04:11 | 00:04:14 | in terms of school pricing now i |
| 00:04:13 | 00:04:15 | personally believe that colleges are way |
| 00:04:14 | 00:04:17 | overpriced it's one of the most |
| 00:04:15 | 00:04:18 | profitable businesses |
| 00:04:17 | 00:04:20 | so i would like to see that price come |
| 00:04:18 | 00:04:22 | down however i'm not really too sure |
| 00:04:20 | 00:04:23 | exactly how that would affect it but it |
| 00:04:22 | 00:04:24 | certainly would not be in a good way for |
| 00:04:23 | 00:04:26 | the economy so |
| 00:04:24 | 00:04:28 | i completely disagree with the print 2 |
| 00:04:26 | 00:04:29 | million or two trillion dollars excuse |
| 00:04:28 | 00:04:30 | me not two million |
| 00:04:29 | 00:04:32 | print two trillion dollars and attempt |
| 00:04:30 | 00:04:33 | to wipe out that debt i think that's |
| 00:04:32 | 00:04:35 | absolutely foolish |
| 00:04:33 | 00:04:37 | now i do think we will see some market |
| 00:04:35 | 00:04:38 | pullback in certain sectors however |
| 00:04:37 | 00:04:39 | but a lot of the growth this is what a |
| 00:04:38 | 00:04:41 | lot of people aren't keeping in mind oh |
| 00:04:39 | 00:04:42 | the stok market's up this stok has |
| 00:04:41 | 00:04:45 | gone up by |
| 00:04:42 | 00:04:47 | 60 but a lot of the stoks |
| 00:04:45 | 00:04:48 | it's truly just been recovery so for an |
| 00:04:47 | 00:04:50 | example |
| 00:04:48 | 00:04:52 | in march april may of 2020 when things |
| 00:04:50 | 00:04:54 | were really starting to crash |
| 00:04:52 | 00:04:56 | airlines were going to crap i bought a |
| 00:04:54 | 00:04:57 | lot six figures worth not a crazy amount |
| 00:04:56 | 00:05:00 | but a good amount |
| 00:04:57 | 00:05:01 | of delta boeing i bought a lot of tesla |
| 00:05:00 | 00:05:02 | i had a bunch of different stoks |
| 00:05:01 | 00:05:04 | different sectors a little bit of urgent |
| 00:05:02 | 00:05:04 | galactik here a little bit of this over |
| 00:05:04 | 00:05:06 | there |
| 00:05:04 | 00:05:08 | and i was mostly buying in the airline |
| 00:05:06 | 00:05:10 | space so when i was buying |
| 00:05:08 | 00:05:11 | boeing at ninety three dollars at a |
| 00:05:10 | 00:05:12 | hundred and five dollars a hundred and |
| 00:05:11 | 00:05:13 | ten dollars |
| 00:05:12 | 00:05:15 | and it's normally a 300 plus dollar |
| 00:05:13 | 00:05:16 | stok and that company is not going |
| 00:05:15 | 00:05:18 | anywhere because as |
| 00:05:16 | 00:05:19 | military and civilian use i was buying |
| 00:05:18 | 00:05:20 | it at a deep discount |
| 00:05:19 | 00:05:22 | well now that stok everybody's like |
| 00:05:20 | 00:05:25 | it's gone up so much it's getting huge |
| 00:05:22 | 00:05:27 | it's still below where it was a year ago |
| 00:05:25 | 00:05:28 | so you just have to keep that in |
| 00:05:27 | 00:05:30 | perspective it's now back into the low |
| 00:05:28 | 00:05:31 | to mid twos |
| 00:05:30 | 00:05:33 | so you just have to like put that in |
| 00:05:31 | 00:05:35 | perspective and see |
| 00:05:33 | 00:05:36 | i think that the market is still kind of |
| 00:05:35 | 00:05:38 | all over the place |
| 00:05:36 | 00:05:40 | and i don't know how much further some |
| 00:05:38 | 00:05:42 | of these stoks can push up obviously |
| 00:05:40 | 00:05:43 | natural growth over time but if they're |
| 00:05:42 | 00:05:44 | pretty much already back up to where |
| 00:05:43 | 00:05:46 | they were |
| 00:05:44 | 00:05:48 | then you got to kind of reevaluate the |
| 00:05:46 | 00:05:48 | actual company and what its financials |
| 00:05:48 | 00:05:51 | have been |
| 00:05:48 | 00:05:52 | since all this has happened some stoks |
| 00:05:51 | 00:05:54 | in terms of the company's valuation the |
| 00:05:52 | 00:05:57 | company has now been making more money |
| 00:05:54 | 00:05:58 | so i think those could continue pushing |
| 00:05:57 | 00:05:59 | but a lot haven't you know like stoks |
| 00:05:58 | 00:06:01 | that i'd be in for the long term and |
| 00:05:59 | 00:06:02 | this is not financial advice |
| 00:06:01 | 00:06:04 | tesla i don't think that's going |
| 00:06:02 | 00:06:05 | anywhere and over the long run you'll do |
| 00:06:04 | 00:06:06 | well with that |
| 00:06:05 | 00:06:07 | same with boeing same with apple |
| 00:06:06 | 00:06:08 | companies like that that just aren't |
| 00:06:07 | 00:06:10 | going anywhere |
| 00:06:08 | 00:06:11 | i think they're still on a slight bit of |
| 00:06:10 | 00:06:13 | a discount obviously would have been |
| 00:06:11 | 00:06:14 | better if you were buying six months ago |
| 00:06:13 | 00:06:15 | or a year ago |
| 00:06:14 | 00:06:18 | but it's been really interesting to |
| 00:06:15 | 00:06:20 | watch this recovery now a side note |
| 00:06:18 | 00:06:22 | crypto has been going absolutely wild |
| 00:06:20 | 00:06:22 | this is mostly because people are very |
| 00:06:22 | 00:06:25 | concerned |
| 00:06:22 | 00:06:27 | about the us dollar now if uh biden |
| 00:06:25 | 00:06:27 | tries to print another two trillion |
| 00:06:27 | 00:06:29 | dollars |
| 00:06:27 | 00:06:31 | that's not going to help the normal |
| 00:06:29 | 00:06:32 | economy tied to the u.s dollars in |
| 00:06:31 | 00:06:34 | certain ways |
| 00:06:32 | 00:06:36 | it will definitely help inflate crypto |
| 00:06:34 | 00:06:38 | even more and it will start to inflate |
| 00:06:36 | 00:06:40 | real estate prices even more which i |
| 00:06:38 | 00:06:40 | didn't think we'd see a boom as big as |
| 00:06:40 | 00:06:42 | we did |
| 00:06:40 | 00:06:44 | but we have and here we are so just to |
| 00:06:42 | 00:06:46 | give you a quick visual between this |
| 00:06:44 | 00:06:47 | election day and inauguration day |
| 00:06:46 | 00:06:49 | market increase i want you to take a |
| 00:06:47 | 00:06:51 | look at this quick chart showing kind of |
| 00:06:49 | 00:06:52 | last dozen presidents or so |
| 00:06:51 | 00:06:55 | you can see exactly what happened like |
| 00:06:52 | 00:06:57 | obama it was negative 20 |
| 00:06:55 | 00:06:59 | between those so absolutely insane trump |
| 00:06:57 | 00:07:02 | up six then you have |
| 00:06:59 | 00:07:03 | up over 14 with biden so |
| 00:07:02 | 00:07:05 | kind of interesting i just like to look |
| 00:07:03 | 00:07:06 | at those stats and kind of be familiar |
| 00:07:05 | 00:07:08 | and aware with what's going on |
| 00:07:06 | 00:07:09 | now from a real estate perspective this |
| 00:07:08 | 00:07:11 | is where i've put a huge amount on my |
| 00:07:09 | 00:07:12 | focus this is where i study and research |
| 00:07:11 | 00:07:13 | the most |
| 00:07:12 | 00:07:15 | because it affects me the largest i've |
| 00:07:13 | 00:07:17 | got a 2.5 million |
| 00:07:15 | 00:07:18 | real estate portfolio give or take and |
| 00:07:17 | 00:07:20 | it's been going through the roof those |
| 00:07:18 | 00:07:23 | values are continuing to get pushed up |
| 00:07:20 | 00:07:24 | very very quickly now your interest |
| 00:07:23 | 00:07:26 | rates have started climbing back |
| 00:07:24 | 00:07:28 | up this is not largely in part due to |
| 00:07:26 | 00:07:29 | joe biden this was already on its way |
| 00:07:28 | 00:07:31 | back up because as soon as the market |
| 00:07:29 | 00:07:32 | started crashing there were some issues |
| 00:07:31 | 00:07:34 | going on when |
| 00:07:32 | 00:07:35 | covet hit well you see that the fed |
| 00:07:34 | 00:07:36 | announced the rates were dropping and |
| 00:07:35 | 00:07:38 | they weren't just dropping them a little |
| 00:07:36 | 00:07:40 | bit i mean the rates ended up lower |
| 00:07:38 | 00:07:41 | than they've ever been in whatever what |
| 00:07:40 | 00:07:43 | 60 years 70 years |
| 00:07:41 | 00:07:45 | absolutely insane so you saw a lot of |
| 00:07:43 | 00:07:46 | people doing cash out refunds |
| 00:07:45 | 00:07:48 | a lot of people just doing normal |
| 00:07:46 | 00:07:48 | refunds to go down to a lower percentage |
| 00:07:48 | 00:07:50 | so |
| 00:07:48 | 00:07:52 | a lot of people were taking advantage of |
| 00:07:50 | 00:07:53 | that and it was interesting to see |
| 00:07:52 | 00:07:55 | what the government wanted to do in |
| 00:07:53 | 00:07:57 | terms of securing new debt now |
| 00:07:55 | 00:07:58 | because of the nature of what was going |
| 00:07:57 | 00:07:59 | on there was not a lot of people selling |
| 00:07:58 | 00:08:01 | homes because people didn't want to go |
| 00:07:59 | 00:08:02 | outside for a period you couldn't go |
| 00:08:01 | 00:08:04 | toward a new house |
| 00:08:02 | 00:08:05 | or an apartment so people just weren't |
| 00:08:04 | 00:08:07 | moving as much so |
| 00:08:05 | 00:08:09 | people who own real estate and rent it |
| 00:08:07 | 00:08:11 | out their renewal rates were much higher |
| 00:08:09 | 00:08:13 | and then the prices of homes went |
| 00:08:11 | 00:08:13 | through the roof because there was a lot |
| 00:08:13 | 00:08:16 | less |
| 00:08:13 | 00:08:17 | supply it's just basic supply and demand |
| 00:08:16 | 00:08:19 | and a lot of people were trying to buy |
| 00:08:17 | 00:08:20 | because now they can afford more house |
| 00:08:19 | 00:08:22 | due to the lower rate |
| 00:08:20 | 00:08:24 | it's really interesting to see um and it |
| 00:08:22 | 00:08:25 | was already on its way up in terms of |
| 00:08:24 | 00:08:27 | the rate as things started reopening and |
| 00:08:25 | 00:08:27 | the economy was more stable getting back |
| 00:08:27 | 00:08:29 | to |
| 00:08:27 | 00:08:31 | normal now as people continue to not |
| 00:08:29 | 00:08:32 | move much like we just said less lease |
| 00:08:31 | 00:08:34 | turnover |
| 00:08:32 | 00:08:35 | and it's just simple supply and demand |
| 00:08:34 | 00:08:36 | that's what's been going on with real |
| 00:08:35 | 00:08:37 | estate |
| 00:08:36 | 00:08:38 | i'm very curious to see how it's going |
| 00:08:37 | 00:08:40 | to go over the next two to three years i |
| 00:08:38 | 00:08:41 | don't think that we'll ever see |
| 00:08:40 | 00:08:43 | a crash like we did in 08 in terms of |
| 00:08:41 | 00:08:45 | real estate it's too regulated |
| 00:08:43 | 00:08:47 | it is too stable i think that we might |
| 00:08:45 | 00:08:49 | see a lot slower growth i think that |
| 00:08:47 | 00:08:49 | what's happened over the last 12 months |
| 00:08:49 | 00:08:51 | is |
| 00:08:49 | 00:08:52 | definitely unique and i don't think it |
| 00:08:51 | 00:08:54 | will continue at that crazy rate my |
| 00:08:52 | 00:08:57 | market's been going up over |
| 00:08:54 | 00:08:59 | 20 percent even more than that 23 25 |
| 00:08:57 | 00:09:00 | over the last year i definitely don't |
| 00:08:59 | 00:09:02 | think that that will repeat itself but i |
| 00:09:00 | 00:09:04 | think we might see a 15 |
| 00:09:02 | 00:09:05 | or 17 percent and then a 14 you know |
| 00:09:04 | 00:09:05 | something like that where just like kind |
| 00:09:05 | 00:09:07 | of |
| 00:09:05 | 00:09:09 | slows down a little bit but it's not |
| 00:09:07 | 00:09:10 | showing any signs of slowing down as of |
| 00:09:09 | 00:09:12 | right now so |
| 00:09:10 | 00:09:14 | if joe succeeds with printing at two |
| 00:09:12 | 00:09:15 | trillion dollars which i would severely |
| 00:09:14 | 00:09:17 | doubt but we'll see |
| 00:09:15 | 00:09:18 | number one i would buy more crypto if |
| 00:09:17 | 00:09:20 | that happens but i would also |
| 00:09:18 | 00:09:22 | buy a lot more real estate because it |
| 00:09:20 | 00:09:24 | will drive up the real estate price |
| 00:09:22 | 00:09:26 | simple inflation and that's why i own |
| 00:09:24 | 00:09:27 | real estate it's a hedge against that |
| 00:09:26 | 00:09:29 | inflation so |
| 00:09:27 | 00:09:31 | for me in in terms of these uncertain |
| 00:09:29 | 00:09:32 | times you could call it that's what a |
| 00:09:31 | 00:09:34 | lot of people are calling it |
| 00:09:32 | 00:09:36 | there's two routes that i see a lot of |
| 00:09:34 | 00:09:36 | people taking some of my friends are |
| 00:09:36 | 00:09:39 | either |
| 00:09:36 | 00:09:40 | 100 crypto i have a friend who literally |
| 00:09:39 | 00:09:43 | had to borrow money from another friend |
| 00:09:40 | 00:09:45 | for his like 2 000 rent because he had |
| 00:09:43 | 00:09:46 | sunk millions into crypto and literally |
| 00:09:45 | 00:09:47 | just didn't have any cash |
| 00:09:46 | 00:09:48 | and so it's like a little cash flow |
| 00:09:47 | 00:09:50 | issue for a couple days and it's kind of |
| 00:09:48 | 00:09:52 | funny but he's made |
| 00:09:50 | 00:09:53 | millions of dollars in probably the last |
| 00:09:52 | 00:09:54 | six months and he's been telling me at |
| 00:09:53 | 00:09:56 | all these different points buy |
| 00:09:54 | 00:09:57 | buy bitcoin at this buy this one at this |
| 00:09:56 | 00:09:58 | buy link buy through like all this stuff |
| 00:09:57 | 00:10:00 | and i'm like |
| 00:09:58 | 00:10:02 | no i won't because it just goes against |
| 00:10:00 | 00:10:04 | my investing strategy right now |
| 00:10:02 | 00:10:06 | i'm heavy on the real estate side |
| 00:10:04 | 00:10:09 | especially from an inflation perspective |
| 00:10:06 | 00:10:11 | it's not that you know i want to be tied |
| 00:10:09 | 00:10:12 | to the u.s dollar i think real estate in |
| 00:10:11 | 00:10:13 | terms of the type of real estate that i |
| 00:10:12 | 00:10:15 | buy is not going anywhere |
| 00:10:13 | 00:10:16 | but it's a direct hedge against |
| 00:10:15 | 00:10:18 | inflation as that goes up mine goes up |
| 00:10:16 | 00:10:20 | so it's being untouched |
| 00:10:18 | 00:10:22 | while producing cash flow while gaining |
| 00:10:20 | 00:10:24 | equity a lot of different things and |
| 00:10:22 | 00:10:27 | securing some very very low rates my |
| 00:10:24 | 00:10:29 | most expensive property is a 4.25 |
| 00:10:27 | 00:10:31 | and that's because i didn't refinance |
| 00:10:29 | 00:10:32 | because i thought i was gonna sell it |
| 00:10:31 | 00:10:34 | now i'm not gonna sell it because the |
| 00:10:32 | 00:10:36 | market continues to skyrocket |
| 00:10:34 | 00:10:38 | and the property does okay in terms of |
| 00:10:36 | 00:10:40 | cash flow so everything else is in the |
| 00:10:38 | 00:10:42 | low threes or lower which is crazy |
| 00:10:40 | 00:10:43 | that debt just based on inflation it's |
| 00:10:42 | 00:10:44 | pretty much free money in terms of the |
| 00:10:43 | 00:10:45 | loan |
| 00:10:44 | 00:10:47 | so it's really interesting to see but |
| 00:10:45 | 00:10:48 | from a real estate perspective that's |
| 00:10:47 | 00:10:50 | what's going on so |
| 00:10:48 | 00:10:51 | what i recommend to people if you have a |
| 00:10:50 | 00:10:53 | lot of cash |
| 00:10:51 | 00:10:55 | you don't want to hold it in cash i have |
| 00:10:53 | 00:10:57 | a friend who has i don't know exactly |
| 00:10:55 | 00:10:59 | i'd say probably five to ten million |
| 00:10:57 | 00:11:01 | dollars just in his bank account sitting |
| 00:10:59 | 00:11:03 | in cash he won't buy crypto he won't buy |
| 00:11:01 | 00:11:04 | much stoks he won't buy real estate and |
| 00:11:03 | 00:11:05 | it's really interesting to see it's like |
| 00:11:04 | 00:11:06 | dude your money is just going down |
| 00:11:05 | 00:11:08 | especially |
| 00:11:06 | 00:11:10 | as inflation picks up and there's more |
| 00:11:08 | 00:11:12 | issues like that i don't think that's a |
| 00:11:10 | 00:11:13 | good move because your money is just |
| 00:11:12 | 00:11:14 | becoming worth less and less |
| 00:11:13 | 00:11:16 | so if you're sitting on a large amount |
| 00:11:14 | 00:11:17 | of cash do something with it you know |
| 00:11:16 | 00:11:19 | that's the whole idea the difference |
| 00:11:17 | 00:11:21 | between being rich and wealthy |
| 00:11:19 | 00:11:22 | the wealthy invest in the assets they |
| 00:11:21 | 00:11:24 | invest into things you want your money |
| 00:11:22 | 00:11:26 | to make you more money otherwise your |
| 00:11:24 | 00:11:27 | money sit-in is just losing money |
| 00:11:26 | 00:11:29 | now if you don't have a lot of money if |
| 00:11:27 | 00:11:30 | you have 1300 plus your stimulus checks |
| 00:11:29 | 00:11:32 | sitting in the bank |
| 00:11:30 | 00:11:34 | well the focus changes because buying a |
| 00:11:32 | 00:11:35 | thousand dollars of crypto is not going |
| 00:11:34 | 00:11:36 | to do anything for you and this is just |
| 00:11:35 | 00:11:39 | my perspective |
| 00:11:36 | 00:11:39 | i would always say you need to put time |
| 00:11:39 | 00:11:42 | attention |
| 00:11:39 | 00:11:43 | and a lot of focus just on the income |
| 00:11:42 | 00:11:44 | because you need to get the income to |
| 00:11:43 | 00:11:46 | then |
| 00:11:44 | 00:11:48 | be able to solve these other problems |
| 00:11:46 | 00:11:49 | but the problem of inflation doesn't |
| 00:11:48 | 00:11:50 | really impact you if you don't have a |
| 00:11:49 | 00:11:52 | ton of cash sitting |
| 00:11:50 | 00:11:54 | or whatever because there's other more |
| 00:11:52 | 00:11:56 | pressing issues at the forefront so |
| 00:11:54 | 00:11:57 | that's why i always tok about starting |
| 00:11:56 | 00:11:59 | businesses and different side hustles |
| 00:11:57 | 00:12:00 | someone who's a software engineer and |
| 00:11:59 | 00:12:02 | they're only two years into their four |
| 00:12:00 | 00:12:02 | years of school i recommended with their |
| 00:12:02 | 00:12:04 | skills |
| 00:12:02 | 00:12:06 | they start freelancing online he said oh |
| 00:12:04 | 00:12:07 | no that doesn't really work and so i |
| 00:12:06 | 00:12:08 | sent him a screenshot |
| 00:12:07 | 00:12:10 | that my friend sent me from his online |
| 00:12:08 | 00:12:11 | freelancing account my friend makes a |
| 00:12:10 | 00:12:13 | quarter million dollars a year just |
| 00:12:11 | 00:12:15 | freelancing software and websites online |
| 00:12:13 | 00:12:16 | so there's always creative ways to do it |
| 00:12:15 | 00:12:18 | but i just push you've got to get the |
| 00:12:16 | 00:12:20 | money you got to get the income first |
| 00:12:18 | 00:12:22 | once you have the income then the doors |
| 00:12:20 | 00:12:23 | open up in terms of being able to invest |
| 00:12:22 | 00:12:24 | and you can invest into whatever you |
| 00:12:23 | 00:12:25 | want a little bit of crypto a little bit |
| 00:12:24 | 00:12:26 | of stoks a little bit of this you could |
| 00:12:25 | 00:12:27 | buy some government bonds if you're |
| 00:12:26 | 00:12:28 | really ballsy |
| 00:12:27 | 00:12:30 | go ahead and do some real estate |
| 00:12:28 | 00:12:32 | whatever it is that you want to do you |
| 00:12:30 | 00:12:32 | know all that stuff is super interesting |
| 00:12:32 | 00:12:34 | so |
| 00:12:32 | 00:12:35 | that's kind of the overall market update |
| 00:12:34 | 00:12:37 | and what i see happening i think we will |
| 00:12:35 | 00:12:39 | see some slowed down growth |
| 00:12:37 | 00:12:40 | in certain sectors i think real estate |
| 00:12:39 | 00:12:42 | will slow down a little bit |
| 00:12:40 | 00:12:44 | still be going up very aggressively i |
| 00:12:42 | 00:12:45 | think the stok market is calming down |
| 00:12:44 | 00:12:47 | in terms of its volatility |
| 00:12:45 | 00:12:49 | obviously you have your certain runners |
| 00:12:47 | 00:12:51 | that are going bananas here and there |
| 00:12:49 | 00:12:52 | even tesla's calm down a little bit but |
| 00:12:51 | 00:12:55 | we will see what happens i think right |
| 00:12:52 | 00:12:56 | now crypto is the most volatile space so |
| 00:12:55 | 00:12:58 | if that's something you are buying or |
| 00:12:56 | 00:13:00 | investing in please be careful and again |
| 00:12:58 | 00:13:02 | any money that you are doing uh in terms |
| 00:13:00 | 00:13:04 | of investing should always be money that |
| 00:13:02 | 00:13:06 | tiknically you'd be comfortable losing |
| 00:13:04 | 00:13:07 | don't let it destroy you okay think |
| 00:13:06 | 00:13:09 | about that from an investing perspective |
| 00:13:07 | 00:13:10 | i hope this video maybe gave you a |
| 00:13:09 | 00:13:11 | little bit of insight into what's going |
| 00:13:10 | 00:13:12 | on |
| 00:13:11 | 00:13:15 | my perspective on it from real estate |
| 00:13:12 | 00:13:16 | stoks crypto and the market in general |
| 00:13:15 | 00:13:18 | as well as what biden is trying to do |
| 00:13:16 | 00:13:19 | sleepy joe wants to print two trillion |
| 00:13:18 | 00:13:20 | dollars |
| 00:13:19 | 00:13:22 | i'm very curious if that will get |
| 00:13:20 | 00:13:23 | approved all right make sure to stay |
| 00:13:22 | 00:13:25 | tuned for some more videos be sure to |
| 00:13:23 | 00:13:26 | drop a like down below subscribe if you |
| 00:13:25 | 00:13:28 | want help building an |
| 00:13:26 | 00:13:29 | active income stream the only thing i |
| 00:13:28 | 00:13:31 | teach is e-commerce |
| 00:13:29 | 00:13:32 | i don't tok about real estate in terms |
| 00:13:31 | 00:13:33 | of teaching and showing exactly how to |
| 00:13:32 | 00:13:35 | do it |
| 00:13:33 | 00:13:37 | i document my journey here on youtube |
| 00:13:35 | 00:13:38 | the only thing i teach people how to do |
| 00:13:37 | 00:13:39 | and i have an entire advertising agency |
| 00:13:38 | 00:13:41 | around it for all of our clients as well |
| 00:13:39 | 00:13:42 | which is separate |
| 00:13:41 | 00:13:43 | is e-commerce because that's what i've |
| 00:13:42 | 00:13:45 | been doing for over five years that's |
| 00:13:43 | 00:13:47 | the business that has allowed me to buy |
| 00:13:45 | 00:13:48 | crypto to buy stoks to buy real estate |
| 00:13:47 | 00:13:49 | and to get |
| 00:13:48 | 00:13:50 | into all those things so that is the |
| 00:13:49 | 00:13:52 | active income if you want to learn more |
| 00:13:50 | 00:13:53 | about that there's a bunch of resources |
| 00:13:52 | 00:13:55 | both free and paid |
| 00:13:53 | 00:13:57 | link down below from courses showing you |
| 00:13:55 | 00:13:58 | how to do facebook ads effectively how |
| 00:13:57 | 00:13:59 | we do over 10 million dollars a year |
| 00:13:58 | 00:14:00 | just with that we have a performance |
| 00:13:59 | 00:14:02 | drop shipping program |
| 00:14:00 | 00:14:04 | it shows you how you don't have to buy |
| 00:14:02 | 00:14:05 | inventory now we do hold inventory for a |
| 00:14:04 | 00:14:07 | lot of things |
| 00:14:05 | 00:14:09 | because there's tax benefits associated |
| 00:14:07 | 00:14:11 | better packaging better pricing |
| 00:14:09 | 00:14:12 | faster shipping stuff like that but from |
| 00:14:11 | 00:14:14 | an initial startup perspective you |
| 00:14:12 | 00:14:15 | really don't need a ton of money to do |
| 00:14:14 | 00:14:16 | it and that's what's great so |
| 00:14:15 | 00:14:17 | all that stuff is linked below i hope |
| 00:14:16 | 00:14:18 | you enjoyed this video if you have any |
| 00:14:17 | 00:14:20 | questions at all |
| 00:14:18 | 00:14:22 | leave it in the comment section and with |
| 00:14:20 | 00:14:24 | that being said i'll see you in the next |
| 00:14:22 | 00:14:24 | video |
| 00:14:28 | 00:14:33 | peace |
| 00:14:31 | 00:14:33 | you |
