War and Economics Commentator (3:01)

are three ways to get rich during this war with Iran?

Financial Analyst (3:08)

I don't think the war. It's a great question. I don't think the war is going to last enough for anybody that's not inside of that administration to get rich from it. So what should you have? Exposure to tech if you want to go gas, Exxon Mobil, which has been a great pick for a long period of time. And then thirdly, index funds. That's it. Now if you're outside of the market, real estate. But the thing about two tech to index. I designed it to outstand any assassination attempts or completions, any war, any famine, any pandemics, any 10 year droughts, any Ponzi scheme reveal, any reveal of asset erasure through circular investment, every scenario, the dinosaurs coming back, everything. Hold those. So you can add Exxon, you can add tech for sure. But unless you're in that administration, you're not going to get rich off Iran. You're not. Invest in gold, invest in Bitcoin. You'll be good. Here's my big lesson for you. Regardless of what happens regime wise, anywhere internationally, is your portfolio safe? The four stocks that I think are AR proof and war proof. Costco, Walmart, Amgen, Eli Lilly. I don't care what happens in a foreign country, those four will be okay. The question is, given your current configuration of what you have in your portfolio, will yours be fine? My phone was blowing up and I'm sure yours was like what do you think about the war? It's going to affect my, my portfolio. I'm like, how would that war affect your portfolio if you constructed it properly? Shouldn't.

Investment Advisor (4:53)

Yeah, I was going to say the three ways you took it. I was gonna say indexes and ETFs and if you want to break it down to ETFs then you can just take three ETFs and say there goes the basket of companies that I'm investing in. Which sectors? Technology, for sure. I think utilities and industrials, for sure. I think those would be safe bets in this type of environment or any type of environment.

Ryan Seacrest (5:18)

Right.

Investment Advisor (5:19)

We know that those things are always going to. We're always going to need energy and we're always going to need infrastructure. And technology is going to be the reason, obviously, with data centers now, but it's going to be the reason that that infrastructure and those utilities are going to be needed. That would be mine. That would be mine. I hate the idea of getting rich during a war.

Financial Analyst (5:36)

Big facts.

Investment Advisor (5:37)

But those sectors should be fine.

War and Economics Commentator (5:40)

But the whole point of a war is to get rich.

Financial Analyst (5:44)

You have to be on the end. That's a great point, but this isn't 1990 where Halliburton doesn't want. Like, they're not going to allow you to know how to get in on those contracts even shouldn't be beaten up the way that it is as a result.

War and Economics Commentator (6:02)

The point of a war is to get rich. I'm saying if you start a war, you're starting a war to enrich. To enrich yourself, yourselves. Tell us more.

Financial Analyst (6:11)

Right.

War and Economics Commentator (6:11)

Literally. That's literally the point.

Financial Analyst (6:14)

Yep.

War and Economics Commentator (6:15)

Yeah, so. So the whole point of war is to actually get rich?

Financial Analyst (6:19)

Well, the entire point is for the 1% of the 1%. They're not going to pass the riches on to the American people. Yeah, that's what I'm.

Investment Advisor (6:30)

Yes, for the people in leadership that make those decisions. I'm just saying the who and specifically like for who to get rich. Well, because some people will and are going to. We saw that today, and we've seen that over the course of the first year of this administration have made a lot of money from propaganda and creating scenarios and creating environments where it's conducive for them to make money. But I don't think that's the overall theme for.

War and Economics Commentator (6:55)

Well, there's a. There's a. There's a. There's a saying oatmeal is better than no meal. So, yeah, you're not. You're not. No. Murder. No. Cheryl, you're not going to be able to benefit the same way that the. The people in the government's gonna be able to benefit, obviously. And I don't necessarily look at it as, like, benefiting from war, but I do look at it as if you're an intelligent person and you see something you can't. I don't think that it's morally corrupt to take advantage of something that you Just see with your own two eyes, you know that this war is costing $800 million a day. That's almost $1 billion a day. That's not even sustainable. So the, the US dollar is definitely going to get devalued even more because of the tremendous amount of debt that we continue to put ourselves in and we still haven't handled the burden that we already have financially. Gold. Gold is going to continue to go up. Bitcoin has at a certain point has to as well. It has no other option because it's an alternative to the dollar and the dollar's future is not sustainable as far as the value. The dollar is designed to get devalued. That's how it's always got devalued. It's accelerating even more. So, I mean, those are two things. Like, I think if you're just looking at it from an objective standpoint, you can say, I think that in the next 10 years, gold will be higher, Bitcoin will be higher. This situation will just accelerate that. Even if it's not right now, the effects will be felt in the near future. And in the future, I mean, you look at some defense stocks, you look at some other like I don't think it's necessarily a bad thing to make a financial gain from an unfortunate situation because it's going to happen regardless.

Investment Advisor (9:00)

Somebody's going to make money.

War and Economics Commentator (9:01)

Somebody going to make money regardless. True.

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Ryan Seacrest (11:14)

Janice Torres here, and I'm Austin Hankwitz. We host the podcast Mind the Small Business Success Stories, produced by Ruby Studio in partnership with Intuit QuickBooks.

CVS Representative (11:23)

We're back for season four to talk to some incredible small business owners.

Ryan Seacrest (11:27)

The big thing about working at tech

Financial Analyst (11:28)

is that it's ever evolving, ever changing. Everyone's a rookie, that's how fast the industry is changing. So what I'm really excited about is to be part of that change.

Ryan Seacrest (11:35)

So listen on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

CVS Representative (11:42)

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