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- [00:00]
Grainger Announcer
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- [01:01]
Host Troy
For me, entrepreneurship has always been the way.
- [01:05]
Host Ian
Investing is important because it's the only way you are going to be able to get rich and wealthy for your family. We can close the wealth gap by working together.
- [01:16]
Host Troy
Marker Monday is the biggest investment show ever.
- [01:19]
Host Ian
My life has literally changed since Washington eyl. When you can make people money, you can add value.
- [01:26]
Host Rashad
They're going to be forever indebted to you. Disclaimer do your own research. Our content is intended to be used and must be used for informational purposes only. It's very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with or independently research and verify any information that you find on our show and wish to rely upon whether for the purpose of making an investment decision or or otherwise. Let's build our knowledge, our community and our brokerage accounts. Love is love. Love is love indeed.
- [02:05]
Host Ian
Welcome back.
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Host Rashad
Happy Monday.
- [02:07]
Host Ian
Happy Monday. How y' all feeling? How y' all doing?
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Host Rashad
We good man. Happy Easter Monday to all my West Indians out there. Hopefully some some bun and cheese and it was delightful and nourishing. How you feeling my man?
- [02:21]
Host Ian
I'm good man. Working through this cold still so. But I'm good. Happy to be here. Troy, Rashad, how y' all feeling? I know y' all been working today. Y' all quiet. Listen, if you end up at the BET Awards in the Cipher with Pinky, I got 16 ready. Okay, call, call me.
- [02:40]
Host Rashad
Shout out to Pinky. Shoddy. How you feeling my man?
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Host Troy
That's all good man. Happy to be Here. Got a lot to talk about. Shout out to Myron. Checking. Do remember this week, Eyl, we back first and foremost, blackout, 9 o' clock Eastern Standard Time on Wednesday. We got a special guest, Kendra G. That's gonna be, that's gonna be a good show. We gotta, we got an announcement that we're gonna make with her too. We're doing, we couldn't. We, we doing all types of partnerships, man. All types of partnerships. So we got an announcement we're gonna make with Kendra G. Shout out to Kendra. And then, and Then Thursday at 12 o' clock Eastern standard time, we got the good brother Sean. Sean Po Po.
- [03:27]
Host Rashad
That's my guy.
- [03:28]
Host Ian
Got a lot to talk about.
- [03:30]
Host Troy
My brother Sean, man, you know, he got a lot to talk about. His life story is like a movie. So that's 12, Thursday at 12 o' clock and yeah, shout out to Pinky Cole. We announced that today that we have partnered with her on a new series called Miss Piggy Bank. Miss Pinky's Piggy Bank. And what that's going to do is like short, short form content that's going to teach about different financial literacy things in a jingle rap form. She did it with her bankruptcy, bankruptcy clip that we put on the page. I'm sure you probably seen it went super viral. So that was so viral that she wanted to just, you know, expand it and do other things. So we're gonna do other things with that. And man, it don't stop. You know, it don't stop. So if, if you mad, then you're gonna have to stay mad because.
- [04:31]
Host Rashad
Shout out to the 9. Shout out to 914. Shout out to 91 4.
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Host Ian
Shout out to Greenberg. Shout out to the student council representatives.
- [04:40]
Host Rashad
Yes, it's Financial Literacy Month. And the county, fittingly enough, named 4-4- officially Rashad Balaam Troy Miller's Day. So shout out to the county. Shout out to 914. Where everything started. Appreciate the love.
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Host Ian
Yes.
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Host Rashad
That, that was dope in Eyl Day. It passed. But it's March 21st of every year going forward. So shout out to, to the town of Greenberg. Shout out to White Plains. Shout out to the 904. You know, we gotta play our rules down, man.
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Host Troy
Yeah, for sure. Peace, skill, White plains, the whole 91 4.
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Host Rashad
Yes, yes.
- [05:16]
Host Troy
Greatly appreciate the love. Thank you.
- [05:18]
Host Rashad
Absolutely.
- [05:20]
Host Troy
Okay, let's get into it.
- [05:22]
Host Ian
Hold on.
- [05:23]
Host Troy
Before we start, before I'll be in
- [05:24]
Host Rashad
trouble if I, if I don't say this.
- [05:26]
Host Troy
Well, I do want to say something too. I hope you guys have taken your future serious because you know, we know that funding is not coming. Interview rich lou dentist. 0.3% of 1% actually goes to black founders. So, you know, we've done something over the last couple years and we're doing it again this year. As far as the pitch competition, $125,000. Last year, two people actually won. It was $250,000 that was given. This Friday is the deadline for Invest Fest.
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Host Ian
Yep.
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Host Troy
So this, this Friday, April 10th, this Friday is the deadline to submit, to be entered into the pitch competition.
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Host Ian
That can change your life forever.
- [06:15]
Host Troy
That's a fact. Only thing you need to do is have a ticket and Invest Fest ticket, general admission, ticket, whatever, any type of ticket. You can even be a vendor and fill out the form online. It's on the, it's on the Invest Fest website. Don't say that. You know, you didn't know about it. You didn't hear about it. You wanted to like, Invest Fest is in August. Yes. But it takes a long time to look through these applications. This is done very, you know, specifically so April 10th. April 10th is the deadline. This Friday is the deadline for all pitch competition entries. So please don't wait, Please don't wait. Please don't miss your opportunity.
- [06:57]
Host Rashad
That's a fact. Please. That is life changing. And we actually ran into the winner of the pitch competition, or one of the winners actually at our DC event. He was talking about how the funding has helped him and where he's going now with the investment and how he's trying to scale even more. So it is life changing money. I'm just going to say this. Happy anniversary. This week marks 14 years of marriage.
- [07:23]
Host Ian
That's beautiful, yo.
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Host Rashad
You know what I'm saying? 14 years.
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Host Ian
That's amazing, yo.
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Host Rashad
And I always do this every year. But I gotta thank everybody that was at the wedding and so Shoddy was obviously in the wedding. But everybody that attended showed us love then and continues to pray over us and show us love now. Thank you so much. 14 years. God bless, many more to come.
- [07:46]
Host Troy
Congratulations. Congratulations. And I will say this too. There's a hotel actually where Invest Fest is. It's called the Signia. That hotel is sold out, but there's other host hotels. That's not exactly right there, but there is a discount, you know, so if you go to our website, the whole. The hotel is sold out, but there's other hotels. So once again, this is, this is probably going to be the biggest investments that we've had so far. I think there's a lot. There's a Lot of uncertainty and then especially when you talk about the political climate, man, it's so much stuff. So please don't wait. That's all I can say is please don't wait.
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Host Ian
Don't wait to the last minute. Nope.
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Host Troy
Don't wait till the last minute.
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Host Rashad
Yeah.
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Host Troy
Ian, any announcements? Yes.
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Host Ian
The next stock club call will be April 26, Sunday at 9pm Central. I got a special surprise for y'. All. We'll probably be on for two to three hours, so I'll see you then. Check me out at Black Effect Podcast Festival in Pullman Yards. I think that's the 22nd of April. And I will be remiss. My mom's birthday this week. I love you dearly. Hey, my heart, thank you for all the sacrifices, everything you did for me, my brother, the family. So we're gonna have a good time this week. I love you. Let's have an amazing show and if I've made you money, please put yes in chat. Everyone is uploaded, whether you're a past member or you join this time. So everyone's in. Stock club prices will be out this Sunday at 9pm Central. If I made you money, please put yes in chat and don't take this market for granted.
- [09:16]
Host Rashad
Please, please, please. And happy birthday to Mom.
- [09:19]
Host Troy
Happy birthday.
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Host Rashad
That's big time.
- [09:23]
Host Troy
Okay, let's get into it. Trading tip of the week. What is the trading tip of the week going to?
- [09:29]
Host Ian
Your point of how serious the economic climate is for all of my futures traders, I need you to start practicing doubling your contract size. If we have doubled the volatility and in addition to that, you need to double what your targets are. So if your short target was 10, you now need to move to 20. If we're going to be in economic tumult and uncertainty of every hour of the direction of the Iranian war which is going to go is uncertain. The one thing that you have to be certain about is what money you can pull into the market given the volatility. So while your long term account may get beat up in the interim, and we're only a year and five months in, we got three more years of this. The thing that you have to do is given the increase in volatility in the futures market, the crude market, esd, nasdaq, zb, zn, ub, natural gas, you're going to have to double your contract sizes with practice first to be able to offset any losses you're having in your long term. A lot of times people are like, well, I can't hold for 20 or 30, it's a mistake either if you do not do so. But the easiest way to be able to hold long term and not focus on your long term account is to be able to trade the futures market. So double your contract sizes, double your targets, and that way you can let your account run for a long period of time.
- [10:58]
Host Rashad
I'm just thinking in terms of futures, the equivalent in the options world, like when you say W contracts, obviously we know if we buy one contract that's equivalent to having the right but not the obligation to have 100 shares. So doubling it would be like, I'm gonna get two contracts. I always say get two if you can, because number one, if you get to that threshold of the percentage gain that you want, you can sell it, have your profit, but still have one, still go. So when you're saying it in futures, 10 is it like 10 ticks and then now we're going for 20.
- [11:26]
Host Ian
Like if you have, if you normally go for 10 ticks, go for 20. And if you're normally trading five contracts and now trade 10. The great part about the futures market, which options traders would love, is that for the most popular products, they're only 500 to 1,000 per contract for my futures traders, and options is not always like that. So when options traders are like, well, this contract cost me $11,000 and people like, well, I can't trade two contracts and futures, it's like, have some cojones at some point. Option traders out here smoking on some of y', all and you can be like, well, that's because they're doing leaps. It does not matter. You have to trade more to deal with the onslaught that's coming into the market right now. I was telling everyone about Blue Owl months ago. Now we're here with that, right? So even with that, when I was doing my preliminary research and some of those private credit funds, they're leveraging up to 9x on EBITDA. For those you don't know, that's not a good sign for them to be leveraged that much in those funds. And if that bubble pops soon, it's going to have a violent effect across all markets because all markets are tied together. But the only thing, and for the men in particular, regardless of what's going on in the White House or Syria or Iran, your job as the leader of your family is to be able to put up a financial bucket when you need one. Your kids and wife don't want to hear over, trump messed up the market. Find a way to get a bucket. Either way. Double the contract sizes, double your target. If I made you money, please put yes in chat. Be dedicated.
- [13:13]
Host Troy
Yeah, for sure. Yes, sir. Okay. And yes, we did say the disclaimer in the in the beginning intro.
- [13:19]
Host Ian
Sure did.
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Host Troy
That was said in the in the intro video and also somebody had put yeah, red Panda definitely gets a discount. So check telegram or however Ian will disperse telegram. But yeah, if you're in red Panda you do get an invest fest discount. Okay, what is the investing fact of the week?
- [13:38]
Host Ian
Despite that doom and gloom over the last 20 years, the S&P in April has been higher 80% of the time tie with July for the most likely to be green. So even though my favorite word, we've had a lot of tumult and there's been a precipitous and increase in the market because of what Trump is saying. Fake news, you're going to come to a deal, I'm going to buy me, but I'm not right. April historically is a great month for the market. It reminds me of last year's April that happened. Right. Different set of circumstances, different concern, different contagion event. But April and July usually are the best months in the market. So if you're worried about last month and if we hit a bottom, I don't know because that depends on the direction of the leadership. But April is definitely a great month for gains and a great month to deploy some capital into the market.
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Host Rashad
If you're afraid that's a good fact, I'm gonna get just throw a little bit more on that because it falls right in line with the S P. And so if you've been tracking that, you've seen that it's fallen below its 200 day. This is important. I want y' all to write these, these two days down, right? March 19th is the day that it happened. April 19th will be 30 days from the time that it happened.
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Host Ian
Yep.
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Host Rashad
Historically, when the S and p trails its 200 day, if it reclaims it within a 30 day span, 100% of the time, the moon, the market has had a positive year. So we, we're teetering, we're teetering at that 200 day, if we get above it. Great. That's a great sign. The fact that it's happening in April when what we said last week and you just reiterated here today, it has traditionally been the best month to trade in. If we can get over that 200 day in the next two weeks, we, it should be a good sign. And so historically that has happened. 2012, it happened, it recovered. It in seven days. 2023, it did it in two days. 2025, it happened last year again, it recovered pretty quickly. So this is a little bit longer stress in those for sure. So optimistically, we'll look at it and say, all right, if it gets above its 200 day, it holds it great. If it doesn't. If it doesn't. We haven't seen the bottom yet for the S and P. So just keep those two dates in mind. April 19th, obviously, March 19th has passed, but 30 days from then, if we can reclaim it and shoot above it, we should be in a good standing in terms of the S and P.
- [16:07]
Host Ian
And one way to take the fear out of that, I know we talked about it before, especially in the early days, automate your investing. Because I don't want. Let's say we break above the 200 and everyone's waiting for a retrace back down to the 200. Just automate the investment so that the money is deployed regardless of how you feel. Because this happened in 2020. It happened in 2022. It happened April of last year. It was these. I remember somebody telling me, well, I'm investing in real estate. I don't need to invest into the market. And I'm like, do both. They didn't do both. Then they called me this weekend. This is not ish, by the way. For those who do the clipping thing, it's not ish, by the way. And then they're like, man, what should I do about the economy? I'm like, you should have invested last year. I don't have any new news. Like when you had 600,000 just laying around and you was flying around Phoenix and you going Tucson and having fun. You should have deployed the capital. We are in the one of those opportunities now. Put it in chat. Dig the well before you thirsty. You can't call in the middle of the crisis and be like, what should I do? You have to invest before the crisis shows up. So regardless of which way we go over the next 30 or 25 days, put the money into the market. In a year, you won't even care. Remember how many people panicked over Deep Seek last year? Wow. The China conflict is a real threat.
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Host Rashad
That's.
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Host Ian
That was a perfect time to buy.
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Host Rashad
So 100, 100 liberation day was another day. It. I think what, what we're seeing is people are trying to time this to perfection and it's never going to happen. So, like people investing, getting out, investing, getting out, trying to figure out what's the right time. You're actually not reducing risk. You're actually missing the opportunity and you
- [17:48]
Host Ian
add more stress to your life. If I wait for an 18 reduction in the market and the bond grade, it's like, bro, just put the money into the market. It's gonna be fine.
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Host Rashad
And, and again. And one of those things when we watch, like, what are we watching for? Right? Like, if we're, if we're looking out, we want to see how the, the equity is trending. Right. So if you missed the first 3% gain. Okay, okay, bro, you're gonna be okay. Okay. If it's a strong company. And maybe I'll give something away tonight. If it's a strong company, you believe in the company. You understand the story of the company. First 3%. Great. All right, let's see if we can get some gains out outside of that, which will probably happen if it's a great company.
- [18:27]
Host Ian
And I had a spirited debate this weekend with Serena's husband, founder, Reddit, about Nike. Well, Nike is one of those companies that I don't care how much AI y' all put into it and don't call Troy. It's not going to do well. I'm sorry, I'm sorry. We have to be honest about which companies are going to flourish. I'm even having more concerns about open AI Their IPO is going to do it.
- [18:54]
Host Troy
Where'd you have the debate at Twitter.
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Host Ian
Twitter, yeah. Yeah. It's still an incredible value. And shout them. Maybe they'll come on the show soon. He knows more than I, but X. AI, as far as this conversation, it's just certain companies that are bleeding down dramatically. And now is not the time to catch a fallen knife. You got to put your money into companies that are doing exceptionally well. And, and to that point, people keep saying, well, these companies won't go out of business. They don't have to go out of business to be in deep decay for a long period of time.
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Host Rashad
Yeah.
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Host Ian
So
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Host Troy
hit that, hit the like button and share. We definitely gonna be talking about Trump and all the happenings, but we got, we gotta, we gotta wait a little bit. We gotta wait a little bit. We're gonna let the beat bill. What's the brutal truth about the market?
- [19:51]
Host Ian
If you're afraid to invest in this market climate heavily for the next four years, I'm not being flippant. You don't deserve to be rich. I remember when June came and July came and it was all this fear. And after we left Nvidia and people kept asking, what do we do? Like, I think Last April, we probably got the most questions about what to do, right? And even though the circumstances are different, there's still an opportunity here right now. Like how it was April of last year at a deeper discount. I'm even seeing people starting to say, well, bitcoin is going to go to zero because of Quantum. I just saw that. It's like, bro, you don't think. They're not going to use. Jack's not going to go in and infuse Quantum into the encryption to make sure it doesn't. I told you this three years ago. As soon as they figure out how to break some of those wallets, those defense companies are going to use or leverage that technology to take it to crypto and make a vig on the transaction. They'll be fine. It's not going to zero. BlackRock's not going to let it. But my greatest fear, and a super truth about the market, is because so much noise is going out about fears in the market if you're not putting in capital. And we keep talking about ubi, the only UBI they're going to give us is this market. They're never going to give the American people of any race or creed basic income because all the welfare and all any money that could have went to the public has been used up or is in a current Ponzi scheme right now. I'm not saying this to be fearful or to drum up fear porn, but Magic told you how much time we have left and that timetable looks incredibly accurate. Invest or die. That's the truth. If you're not putting money to the market in three or four years is going to be dire for a lot of people.
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Host Rashad
That was my brutal truth, man. It's a Vesta die. And it sounds like over the top, but if we look, it's interesting. You watch the job numbers. Even though the market was closed, they released the job numbers. It's like more jobs being created, less people being fired, but nobody can find a job.
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Host Ian
And then I don't know one person who's looking for a job that's got a second or third round interview and it's tough.
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Host Rashad
And that's college graduates. That's. You know, they put out a post about some of the Oracle employees. They had like a whole feed about their response to what happened the other day. And it was, you know, I've been working here 30 years. I've been here 20 years. I'm a vetted employee. I don't even know what to do now. All these. These stories and I'm like, these people are highly qualified, but there isn't going to be a place for them. And that's like small microcosm of what could happen for people who, who potentially quote unquote may have less skilled in their profession. And so if you can't figure out a way to be employed to make income and there is no other way to make income legally, then investing becomes the premier option for you. Right. So that getting the knowledge now, understanding the knowledge, figuring out how to use it to your advantage, watching this, you know, tuning into to different publications and reading it is 100% vital, is that it's that important.
- [23:14]
Host Ian
According to Goldman Sachs, AI is cut in 16,000 jobs a month and Gen Z is taking the brunt of that cut. So if you extrapolate that out to 12 or 24 months, even if you don't think a recession is going to land in 2027, the thing that's really interesting, no one says that 2027 is going to be a great year for almost any sector fiscally, that's scary.
- [23:41]
Host Troy
So yeah, yeah, I think. Okay. Another brutal truth in the market is that is, is definitely. Well, let's just say this. The. There are some jobs that you can get right now. So the nursing industry is backfire. We talked about the trades a few different times already. That's still a shortage. So there is some opportunities in the, in the workforce as far as the stock market is concerned. I think the brutal truth is that we are seeing corruption at the highest level possible. And there's never been a time in American history where it has been running as rampant as it, as it has now from the top down.
- [24:27]
Host Ian
Including Madoff.
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Host Troy
Yeah, because Madoff was one.
- [24:33]
Host Ian
Singular.
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Host Troy
Exactly. This was a, this is a whole ecosystem.
- [24:36]
Host Ian
Yes.
- [24:37]
Host Troy
And, and, and Madoff was pretty much doing it for himself. He, he, he burnt a lot of people. Like a lot of people rich people got screwed because they invested with him. There's always going to be Ponzi schemes, scam artists, but this is a situation where you know, allegedly even the true post truth social post, that might have just been a whole market because I guess that the poly market, they actually did have a bet that if Donald Trump will praise Allah on Easter, why would somebody even have that on Poly Market? Why would somebody even have that on polymarket if it wasn't going to like that's a very random thing, has the option trade. So I think that yeah, you gotta invest, you have no choice. You know, it's important. But the brutal truth about the market Is that is. It is the highest level of corruption that we've seen in our lifetime. And the extremely rich people are using it to just print money at this point. It's a wake up. Print as much money as you possibly can and then go to something else. Whether it was through specs, whether it was through the crypto scams, whether it was through NFTs.
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Host Rashad
This moment is prediction markets.
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Host Troy
What is prediction markets? Whether it's through Congress actually betting against or on COVID 19 already having inside information on that. Defense stocks, you name it.
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Host Rashad
Defense stocks before the defense. The secretary of War investing in defense stocks two weeks before he announces that there is a war.
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Host Ian
Allegedly. Even if it's true. Allegedly.
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Host Rashad
Allegedly. Right.
- [26:18]
Host Ian
Never seen. And I'm gonna keep going back to there was a 41 request for the release and the funds and blue Al and people can say that was contained the part that's not talked about that was the smart money, the pension fund fund of fund and billionaires requesting their money out first. They're not doing it because that's the triple A graded investment. And it's going to spill over to small banks and insurance companies.
- [26:53]
Host Rashad
Right. If I can't squeeze my money from here and it's interesting, it's not just blue owl. If you look you can see other institutions are now putting parameters about how much you can ask for and how many times you can ask. So if we can't squeeze from this side then you are going to start going to some of the smaller tiers and some of your smaller investments and try to liquidate which is. That could be interesting. Right. When people talk about recession that's one thing but what if there isn't a recession and it's just like a stagflation event.
- [27:28]
Host Ian
And the interesting part with that whole credit private that's a. Because even in 2022 like I started doing my research on this deeply because I'm fascinated by this topic. Right. It's not mark to market. So you're not adjusting the quality of the loans in the private credit market. The rated never changed from 2022 to now. So if the economy is quote unquote better, how is it the same grade in 25 as it was in September of 2022? It looks, I'm not going to say like Lehman because Lehman was at 30x margin. But if it's not marked to market when you can mark some of those loans and funds to the market, how do you have the same grade from a recession like environment to the environment that we're into now. And it had no grading change at all.
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Host Rashad
Somebody called movies.
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Host Troy
Call them spooky hours out here.
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Host Ian
Spooky hours. I'm saying you'll need gossip. If you just look at the real information of what's going on in the world, all the drama is right there.
- [28:35]
Host Troy
Yeah, for sure.
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Host Ian
It's worse than a big short.
- [28:38]
Host Troy
It's spooky hours. And so, yeah, you gotta know. You gotta know, you gotta know the tricks of the wealthy. You gotta invest as much as you possibly can, work on your business, develop skills, going to careers that are still scaling. These are very important. It's very, it's a very pivotal time in human history right now. And with that being said too, I do want to talk about. We made an Instagram post that got a lot of traction, so take a couple minutes to kind of just explain it. Said this a few times. But I think it's really important for people to understand, like one of the things that wealthy people do when you're accumulating your assets, a lot of times people are like, all right, well, what's the point of having wealth and investing if, if. Because I always said like the goal, my personal goal is to never sell any an investment. And it's like, well, how do you do that? That's kind of counterproductive because what's the point of having investments if you're not selling it? Because you're never actually going to benefit from actually needing the money. So one, one level is that if you never need the money, that's a good thing. But another level is that if you need the money, you don't necessarily necessarily have to sell an investment to access to capital. So we put it in a post, just briefly explain it. So talk about heloc, right? Which is a line of credit from a house. And a refi is a little different because a refi actually refinancing, you're having a new mortgage put on on the house, but you're still able to get money out, right? But the HELOC is a line of credit. So if you have $400,000 and you only need 50, then you only need 50 and then you get another 25, then you get. So long story short, it allows you the refi and the HELOC allows you to tap into equity that's inside of the home without selling the home. So you still have the asset, right? Then you have the security back loan, which is when you borrow from your stock portfolio. And once again, similar to the HELOC where you know, you pull you Fill out an application and they'll say, okay, you have a million dollars in your stock portfolio and we'll give you 500,000. Let's just get a more realistic number. If you have $500,000 in your stock portfolio and they'll say, okay, we'll give you $300,000 line of credit. And then that $300,000 line of credit is like a loan and like a 6% interest rate, let's say. And now you can have, you can tap into $300,000. The benefit of that is that your portfolio still stays at a half a million dollars and it still grows and it's not depleted. As opposed to you cashing out $300,000. Now your portfolio goes to 200,000 and then you pay capital gains tax. So yes, you are paying interest, but most of the time the interest is going to be less than the capital gains tax.
- [31:14]
Host Ian
It doesn't kill your compounds.
- [31:16]
Host Troy
Right, exactly. So loans, that's one of the keys that the rich utilize 100%. So that's why I'm not a fan of people saying that debt is all bet is that bad. Because when used properly, it can actually be a powerful tool because you don't pay debt, you don't pay taxes on debt, you don't pay taxes on a loan, you don't pay taxes on a loan. So that's vitally important to understand when you're looking to build wealth is that you could still grow wealth without touching it, taking money from it, paying it back at a relatively lower rate than if you would have taken it, sold it, and then had to pay taxes on it. Then even art, and we talked about this art thing before. The art thing is very important to understand because also what art is that if you put it in the office, it could be, you can get a tax benefit. So what people do sometimes is they'll buy art, crazy art, they'll put it in the office and then they get it becomes tax deductible. And then you can take a loan from that. So some people be like, why would somebody have a hundred million dollar art collection? Why would somebody have a $50 million art collection? Why would you have that? Like that's just a waste. Well now if you have a $10 million art collection now that you could potentially pull $5 million from that, tax free. Now you start to look and now you understand why all these guys buy art and collectibles.
- [32:37]
Host Rashad
I'm on that.
- [32:38]
Host Troy
And even one, even one, you know, anything like that. And then of course, life insurance is Something that, you know, if you have cash value inside of a policy, whole life, universal life, you can borrow from the cash value, and same principles apply. So vitally important to understand this because, you know, that's something that not a lot of people are fully aware of their options, and they need money, and then they just sell their home or they sell their stocks or they sell the art or they sell, you know, whatever. Right. But it's like, you don't necessarily have to go down that pathway. It may not be the most efficient manner for you.
- [33:21]
Host Rashad
Yeah.
- [33:21]
Host Troy
And your 401k, you could take a loan from your 401k as well.
- [33:26]
Host Rashad
That's a lot of game.
- [33:27]
Host Ian
Yeah.
- [33:27]
Host Rashad
Shout out to Troy Carter, probably one of the finest collectors of art that I've had the privilege of speaking with on a personal level. And shout out to Rich Paul. They actually put us on game. When we went to the clutch office, we were just looking at the art, and we're like.
- [33:44]
Host Ian
Like, we connect.
- [33:45]
Host Rashad
Nothing but black artists. I'm like, oh, that's fine. But then you understand the business side behind it. It's like, oh, wait, each office has a painting in it. This is an office space. This is an asset class that I can now again use as leverage. But I think more importantly is like, figure out how many different asset classes you can have. So, like, like, you said, collectibles. I. I told him the other day, I'm like, yo, I'm. I'm collecting cards right now. He's like, why? I'm like, I'm just trying to find as many assets.
- [34:11]
Host Ian
That's a hot space, bro. Yeah.
- [34:13]
Host Rashad
You know what I'm saying? Like, I watched a $16 million Pokemon card be sold. I'm like, wait, hold on. Let me go into crates. And I'm like, oh, wait, I got some valuables here. So it's about what you can have in terms of your asset allocation. That's what it's about. Obviously, we got stocks, we have some real estate. We have some other things that we're going to announce shortly. But any collectible I can get my hands on that can appreciate over time, have value and portfolio use as leverage. You got to do it, man.
- [34:41]
Host Ian
Especially in times of duress. I don't want you guys to do this to go overseas, but shout out to my guy Zayn in Jersey, he just went to Japan to one of those card shows, and he was telling me about the ROI. Like, some of those cards, you're getting 70 extra turn on.
- [34:56]
Host Rashad
Crazy.
- [34:57]
Host Ian
It's like, interesting. So playing all Asset pools. But do this in times of duress. Or like get with a tax strategist to kind of plan this out. Don't just do this because you want to go buy a car and put it on Instagram. I'm begging you. Because a lot of y' all gonna blame me. I traded the options and then I got the stocks, now I got a loan. I'm like, bro, you didn't need to play bumper cars with 2G wagons on IG. Be responsible, please, because you know they go shot, they gonna blame you. So I gotta make sure.
- [35:26]
Host Troy
And you can't take a loan from your portfolio if you have options in it. So that's why it's good to keep your options separate from your long term. Because if you have it co mingled, they won't give you a loan on your portfolio if that portfolio has options in it. But if you have two different accounts, one for options, one for long term, then you can take a loan against your long term. So that's some game if you're interested in, you know, just having it. But yeah, you can do what you want with it. But that's why people, because like I said, a lot of times people just say things like, look, I'm about this $10 million you had celebrities and it's like they never really fully explained why they're buying so much art. But it's like, oh, now okay, you buy ten million dollar art, you put in your office, it's tax deductible. Now you could take a loan now, you could P5 million tax free. Now it starts to make a little bit more sense.
- [36:13]
Host Ian
Yeah. Another part of the game they won't give us is how to get the loan on the secondary market shares. If you had a hot IPO or hot startup. Oh, that's, that's the other game.
- [36:23]
Host Rashad
Yeah, that's a whole nother game. That's a fact. And that's why I'm glad you brought up the OSHA's part. When we started, I was like, look, this is why we have three different accounts, right? That's part of the reason.
- [36:34]
Host Ian
But gotta keep on separate.
- [36:35]
Host Rashad
Also inside of that was like, yo, how can we turn some of these option calls into long term investments?
- [36:41]
Host Ian
Right?
- [36:41]
Host Rashad
Like how do we get. We can pull shares out of that and we've done that a bunch of times. So there's always strategies and that's not a liquidation event. Right.
- [36:48]
Host Ian
Like that's.
- [36:49]
Host Rashad
I turned that in to shares that I haven't sold. So yeah, I mean, the more you know, man, the more you know, the
- [36:55]
Host Troy
last thing I'll say about this is that a security bag loan, security loan is different from a margin account. They are different for sure. Margin is borrowing money to buy more stocks. That's more risky. Line of credit is just that. It's a line of credit. You could do whatever you want with it. But not to be confused, they are two, they're two different things. A margin because you can't get a margin call.
- [37:21]
Host Rashad
Stay away from the margins, y'.
- [37:22]
Host Troy
All. A margin. A margin is. Did not. Is not the same as a security based loan.
- [37:27]
Host Rashad
Yeah, that's when they look at the, the amount of capital that's in the account, they're like, hey, you have a percentage here that you can use or borrow. But when they make that margin call and you may not have the equity, the, the amount of capital needed then they will pull from any equity that you have. Please be careful. I don't recommend anybody using and the
- [37:49]
Host Ian
futures market you can use margin. But that's why I say always be clear end of the day. Because if you carrying over and let's say there's a tweet or true social post in the middle of the night and it drops your account value, you've got to be very careful. And that's another reason always to keep those accounts separate so your intraday trading or swing trading does not affect your long term portfolio as well. Keep the contagion inside of each bucket.
- [38:12]
Host Rashad
Yeah, your Apple shares be missing for sure.
- [38:17]
Host Troy
Hit the like button and share. Okay, let's talk about this. Talk about Trump.
- [38:22]
Host Rashad
47.
- [38:23]
Host Troy
Talk about Trump. So man, he went, he went crazy yesterday. And that was another post that we put up that got a lot of good attention. So made a post about. He made the tweet yesterday.
- [38:41]
Host Rashad
It's a true social. I tried not to, I tried not to be interrupted on Resurrection Sunday. I saw it, I sent it. I put my phone down. I couldn't. It's too much, man.
- [38:53]
Host Ian
It's too much going out.
- [38:54]
Host Rashad
It's too much, man.
- [38:57]
Host Troy
He made it. He made it. Okay. The post was so crazy that most people didn't even think. That's why I had to make a post, to be like, no, that is true. Because I was seeing people posting the screenshot and people were saying like, look, we gotta be more responsible with the things that we post and fact check because this is not true. I'm like, it actually is true. That's the crazy part about it. Like people didn't even believe it. It was true. Which is and even when they saw it on his account, they still didn't believe it was true. Because you don't think it could be. They're like, nah, somebody posted this for him. Why would you not think it could be true?
- [39:29]
Host Rashad
No, because you're like, this is so ridiculous. There's no way to. But I, When I went, is it? No, no. And then I was like, what am I talking about? Let me just go to his true
- [39:37]
Host Ian
story, all the things that's happened. Yeah.
- [39:39]
Host Rashad
And then when I. Because I'm thinking it's Easter, right? Like, who's.
- [39:42]
Host Ian
You got a true social account?
- [39:44]
Host Rashad
No, no, I don't. But you can Google his. And you go, right? And then when I saw it, I was like, oh, I saw. That's when I said the screenshot. I'm like, yo, this is, this is
- [39:53]
Host Ian
like eight in the morning.
- [39:54]
Host Troy
Eight in the morning, Five in the morning.
- [39:55]
Host Rashad
No, when I, when I saw it, it was like 8 in the morning. He put it out a little early, but when I saw it and then, like, y' all didn't respond. So I'm like, maybe y' all thought that wasn't real.
- [40:02]
Host Ian
And then I thought it was fake. And then I was like, okay. Or the Sudafed wore off. I was like, not so much. Not, not so much in the history of things that has been said. I mean, this wasn't the most outlandish.
- [40:19]
Host Rashad
I put it up there. I put it up there.
- [40:23]
Host Ian
You want to tell people what was it?
- [40:26]
Host Rashad
Oh, I could. Yeah, we could read it for those
- [40:28]
Host Ian
who may not have been non present with their families, you know, and tune the news out.
- [40:35]
Host Rashad
It's Easter Monday.
- [40:38]
Host Troy
I think everybody's seen it by now, but you can read it.
- [40:42]
Host Rashad
Let me see. How far back can we go? Here it goes. All right, so this is from Donald J. Trump's true social account. Tuesday will be power plant day in bridge day, all wrapped in one in Iran. There will be nothing like it. Open the straight, you crazy bastards, or you'll be living in hell. Just watch. Praise be to Allah. President Donald J. Trump.
- [41:06]
Host Ian
That's at the exact moment when Sudafed wore off. I said, this war isn't going how they expected it to.
- [41:13]
Host Rashad
8:03am that's when he sent it.
- [41:15]
Host Ian
It's not going when you. Given our military might, you know, even, you know, it's been really quiet in this conflict, Alex. A Palantir. That's telling. That's very telling. So if you're having to say on a social media site that they don't have Downloaded open the straight. That's an empty promise.
- [41:42]
Host Troy
Yeah, it's turned into social media warfare. I seen the Iran military responding. They said, we finally made Satan a believer.
- [41:49]
Host Rashad
Yeah, they did respond. Then we had the Lego wars.
- [41:52]
Host Ian
Yeah,
- [41:54]
Host Troy
okay.
- [41:55]
Host Rashad
Tupac on the missiles, like what?
- [41:58]
Host Troy
Tupac back. Tupac bad. We're gonna talk about that on blackout. Iran, they're winning the social media war for sure.
- [42:06]
Host Ian
Oh, yeah, yeah. Whoever run that, Wendy's account, they run an Iran account too. Yeah, yeah.
- [42:11]
Host Troy
And there's some lessons that can be learned from that as well. Okay, so the reason why he's, he's so, you know, in this distress right now is because the, you know, that, that, that closing of the straight is something that's really, really, really, really, really harmful to the global economy. So just a few things and we put this on Instagram. But just to reiterate, if, if the straight stays closed for another 30 days, this is what they're estimating, expecting oil. Oil supply will go down 20%. Gas prices will go up anywhere from 30 to 70%. Shipping costs will go up 2 to 3 times. Inflation will rise 2 to 5% globally. Airline logistics profits will go down 20 to 40%, which means airline tickets will go up 20 to 40%. Energy stocks could potentially do well. GDP globally will go down 1 to 3%. Consumer spending will go down 10 to 20%. Food prices will go up 10 to 25%. Emerging market currencies will go down 10 to 30%. Supply chain delays will go up 2 to 3 weeks. Military spending increases, American debt increases, and then also helium.
- [43:23]
Host Rashad
I told you.
- [43:23]
Host Troy
Which is actually part of the supply chain for semiconductors. It's a domino effect of things that can go extremely bad. So now and then he just gave a press conference today, a little while ago that said, look, tomorrow at 8 o' clock Eastern Standard Time. That's the deadline. Yeah, that's the deadline.
- [43:42]
Host Rashad
Deadline. And there's going to be four hours of just nonstop bombing.
- [43:48]
Host Troy
So we're in a, we're in a, we're in a, we're in a very dangerous place right now. And he has really laid it all out as far as to say that he's going to blow up bridges and power plants, which is actually a war crime, by the way, if people did not know. You cannot target civilians in a war and you cannot target things that will severely hurt or kill civilians. So when you say that you're going to target, when you, you say you're going to blow up every single bridge in the country, that would be like if we were in war and somebody just said, okay, George Washington Bridge, Brooklyn Bridge, like Golden State Bridge, like those aren't military sites. That's not an attack on the military to openly say that you're going to blow up power plants and bridges, civilian infrastructure. You've already bombed the school and airports today. It's a, it's a war crime. It's actually, it's an international war crime. So.
- [44:50]
Host Ian
And to think that they won't have revenge and won't bomb American companies,
- [44:58]
Host Troy
Middle Eastern facilities. I mean, Saudi Arabia's water plants, their oil plants, uae, Qatar, all of those countries could potentially, if we can't get America, we can't get Israel. That's what they're thinking, that, okay, well we'll get Saudi Arabia.
- [45:15]
Host Rashad
But there's American companies in the Middle east that are building.
- [45:18]
Host Ian
Right.
- [45:19]
Host Rashad
We talked about all this Saudi money that was coming in. Well, part of it is like we're going to build the biggest infrastructure in the world here, here. When you're talking about Stargate. Well, part of that is in the Middle East. And when you talk about Amazon's data centers, that's already been struck. So now all these things are in jeopardy. Right. So when we were getting the money from the Saudis, it was like, oh great, here comes international investment. More money flow is coming into this AI story. Oh, but we're going to build it in, in the Middle East. Well, here we are.
- [45:51]
Host Troy
And the crazy thing is the street's not closed, it's just closed to Americans, to us. A friendship just passed today. They worked a deal out with France. This Iran has been moving their ships. The crazy thing about this. The crazy. You want to know the crazy thing about this? Iran's oil profit. Iran's oil profits have doubled. They've actually as a result and they on pace to make $100 million just on tolls. They're charging $2 million per ship.
- [46:20]
Host Ian
So you created a surplus for an enemy through your miscalculation. And it also made me think, what if the Strait of Malacca gets closed to us and our allies? Because the thing I hated about the post, this is a Brandon in a war lesson, you never flag your weakness. When he screamed open up the effing straight now because you have this imaginary six week call of duty timeline, that's a pressure point they're going to lay on. What if others do the same? Because on that chessboard, my eye remains on China. If Iran is giving us hell with the strait, what could China do? China's a very patient nation. When it comes to revenge. Back to you.
- [47:07]
Host Rashad
Yeah. Those deadlines. I know. People putting Taco in the chat. I mean, there we are, four to six weeks. Here we are, we're at six weeks. Tuesday at eight is the deadline. Well, tomorrow will be Tuesday. Eight. Let's see what happens. It's.
- [47:19]
Host Ian
Yep.
- [47:21]
Host Rashad
I. I mean, what, what do you make of it at this point? Right? Like, these things we can't control. You can see the greed. You can see the arrogance. You can see the ignorance. You can see the miscalculation. All those things are evident. I'm just interested. Like, how quiet it is. Like, you talked about the Palantir thing. Like, even Palantir being not part of this is very strategic. Right. Because of what their technology can provide. But even like yesterday, like, on a smaller scale, like they. They told Planet Labs, listen, we don't want you showing surveillance anymore.
- [47:52]
Host Ian
Yes.
- [47:53]
Host Rashad
That way we don't even. So the things that they're saying, oh, we've decimated their military, or we decimated their naval. How do we. We can't tell anymore because we're not getting that intel. Because, like, listen, that's off limits anymore. In fact, they're using it as an excuse to say, hey, if you show people that, then you can. It's a national security issue because you're actually giving away our defense techniques. Right. And then we. Two soldiers were missing. Right. That plane got shot down. That was. It was. There's just so much going on, that much information. It's overload. Right.
- [48:27]
Host Troy
And they trolled them on that. They said it took 100 million to spend $100 million to get your soldier back. Yeah. They charging $2 million per ship. This was extremely. This was extremely uncalculated decision.
- [48:39]
Host Rashad
Miscalculated for sure.
- [48:40]
Host Troy
Miscalculated. Uncalculated, not calculated. Every calculator that you can possibly think of, because you really put them in a situation where they. They have all of the cards right now. They actually had a civilian population that was actually rallying against their government. Now you've emboldened the government because you have outside forces that's coming in killing civilians. And you kill the ayatollah and then you replace him with his son, who's actually more of a hard line. The guy that they killed was 82 years old. He actually outlawed. He actually outlawed nuclear weapons. He said it was anti Islamic. And you can't. You can't do that. And they killed them.
- [49:19]
Host Ian
You put in probably a more violent regime leader now who wants, and understandably will want revenge.
- [49:29]
Host Troy
And now you have to negotiate to get the straight back open. But the straight wasn't closed but when he started. So now you gotta, you gotta have a negotiation for something that wasn't even part of a negotiation because it was nothing to negotiate.
- [49:40]
Host Rashad
Yeah.
- [49:40]
Host Troy
This is very unfortunate situation. I think that he was fed misinformation. I think that he was fed misinformation from Israel and from Peter Hegstaff. And he allegedly. Allegedly. I think that they gave him misinformation and he got himself into something. He got himself into deep waters and he didn't understand the, the repercussions that could potentially come from that. Nice panicking. And I don't think that he's mentally stable either. I do think that he's mentally.
- [50:09]
Host Ian
He's not as sharp as he used to be, for sure.
- [50:12]
Host Troy
I know. I think he's mentally unstable.
- [50:14]
Host Rashad
This is the same guy who held a press conference on Thursday to tell us that we don't. Well, Wednesday night. Right. And then Thursday he came out again and said, we don't need their oil.
- [50:23]
Host Ian
Right.
- [50:23]
Host Rashad
We don't need to be there. We don't have to be there. We're just helping our allies to Sunday saying, please open the street. Well, in kinder words.
- [50:30]
Host Troy
Right.
- [50:30]
Host Rashad
Well, if we don't need the oil. Right. Then why are we so pressed to have the street open to help our allies? You named every country that didn't help us today. Japan's on the list. South Korea's on the list. Right. Every country you could think of that did not help us in this process was named. Well, are we fighting for them?
- [50:47]
Host Troy
No. Well, he said himself that if this, no, if this doesn't. If the strait doesn't get open, it's not just us needing the oil. It's going to collapse the global economy.
- [50:56]
Host Ian
Yeah. It's going to have a. It's going to reverberate through the entire economy. And the recession level for oil is 123,71. We're at 113 right now because of his decision making,
- [51:08]
Host Troy
which is.
- [51:09]
Host Rashad
And that's interesting too.
- [51:10]
Host Ian
Right.
- [51:10]
Host Rashad
We watched crude, I mean, since it started, we watch it spike up to 121. And we saw the market just tank. And over the past week or so, we're not watching it tank. Even though crude.
- [51:23]
Host Ian
Yes. It's tracking the same almost.
- [51:26]
Host Rashad
Right. It's at 113. Every day it's up another dollar. But we looked at the Dow today. It closed above, you know, where it was at on Friday. So it's interesting watching how the market is taking us, taking this all in and the news all in and the price of crude and watching how the VIX is performing. It's very different than when first. Yeah, right. So this makes me a little, little suspicious of like what's happening here because
- [51:55]
Host Ian
the real rotation, like I hate the term sector rotation for us because it miscalculates what assets we should be in. But the rotation really is tech and energy. So now you have more money flowing in because of the crisis to both and taking advantage of these price disparities. But it's big money and smart money. It's not the average person who are piling into tech and energy at the same time. So they're taking advantage of his miscalculation and been from it, benefited from it financially while overall the markets are being hurt and portfolios are being crushed.
- [52:31]
Host Troy
The last time a president got misinformation because this has happened before led to the longest, the longest, most costly war in American history. Yep. George W. Bush, he got, he, George W. Bush was fed misinformation from his trust. See the thing about presidents, they don't know everything. So they don't know a lot of stuff actually. They're relying on, they're relying on information, intelligence briefings. George, George W. Bush got bad intent, he got bad information. They made, they made Colin Powell go in front of the, the United nations and say that Iraq had weapons of mass destruction. Ruined his whole reputation. Four star general. And that led, that led to the most costly and the longest wars in American history. Hopefully that's, hopefully this doesn't, this doesn't come to that. But man it was, he was some bad information that he was, I think that he really thought there was, it was Venezuela. You can just go in there because they've, they, they've actually executed a pretty swift game plan in Venezuela for sure. That thing is working like that. They turned that around in three weeks. I think he thought he was going to do the same thing in Iran.
- [53:42]
Host Rashad
Four to six. Yeah, four to six.
- [53:45]
Host Troy
So all right, so the question is that now we don't talk about the stock market.
- [53:50]
Host Ian
How does this, and really quick for everyone who keep it like yo, you guys are money guys or stick to the market like if you be disrespectful, I'm going to be disrespectful. But the political decisions as we told you since 2020 when we started to show have a great impact on the market. So you have to know politically what is coming down the line also too you end up having More recessions and more of these global kerfuffles with Republican leadership at play. Back to you, Tron Rashad.
- [54:21]
Host Troy
And then there's the greater North American play that people have talked about. Maybe we talk about that on blackout, but some people think that he's doing this on purpose to create the greater North American strategy. That's interesting, but.
- [54:36]
Host Ian
It's interesting. Yeah.
- [54:40]
Host Troy
Tomorrow, 8 o'. Clock.
- [54:41]
Host Rashad
Do we think a deal will happen tomorrow? Like, do we.
- [54:44]
Host Troy
I think that it, I think that it gets, I think that it gets kicked down again. And I, I think that a 45 day. They've already talked about 45. Ceasefire, ceasefire.
- [54:55]
Host Rashad
But then he came out today and said he's the only person that is going to be determining whether a ceasefire is going to happen.
- [55:00]
Host Troy
I mean, he's going to say anything. I, I think anything can happen, first of all, or anything happened. I would think a 45 cease, a 45 day ceasefire would happen. I would think that that would, I think that that's the leading odds of what could potentially happen.
- [55:22]
Host Rashad
I, I was going to say, I'm leaning toward that. I'll be interested. What does Poly Market say? What does somebody put in chat and look up what polymarket says? If a deal is gonna happen tomorrow,
- [55:33]
Host Troy
what do you think is gonna happen?
- [55:35]
Host Rashad
Yeah, I'm interested.
- [55:38]
Host Ian
KODAK BLACK voice I hope so. But my concern is a week later, will he say something to upset leadership over there and it takes it off the table. When you're negotiating with someone who is not on the same page as you, temperament matters a lot. And like you said, this is like Rumsfeld 2.0, Cheney 2.0. There's vested interest in us being in these wars and some of which are unwinnable either in perception or in strategy. He went, I keep saying, he got El Mincho and then went and got Maduro. And then he was like, okay, great, I'm going to go three for three. There's different terrain, different strategy, different territory, different motivations, different allies. Just because you got a win here does not mean you're going to get a clear win elsewhere. So I'm hoping for a ceasefire. I just don't know if his temperament will let that persist for a long period of time.
- [56:35]
Host Rashad
I just, I just wonder at what point does his arrogance. It's already like out of control, but when is it, you know, he, I'm sure he hears a taco thing and he's going against his word and it's all about the art of the deal. At what point Then he says, you know what? This is my hard line. Like, like what if that happens? Then, then this is like something completely different. So yeah, it's tough like even to look into the market, it's tough because it's uncertain. Like this is the highest level of uncertainty because we really don't know.
- [57:04]
Host Troy
I think the concerning thing for me is I think that he wants to make a deal and I think Iran is willing to make a deal. The concerning thing to me is that sometimes you get into a fight with somebody and then there's a third party that has a vested interest in sabotaging the peace.
- [57:29]
Host Ian
Yep. Because they want the conflict to continue. Yep. On both sides, by the way.
- [57:34]
Host Rashad
Yeah. And what, what concessions will be inside that deal? Right. Like he said, he, you talked about the duties that people are paying the 2 million. He's like, yo, we want this duty free. They should be able to trade, travel through there with no fees. Like that's obviously not something that's gonna happen. Like what other concessions are gonna make?
- [57:49]
Host Troy
I'm not traveling through there with no freeze place before. But let me say, let me just.
- [57:52]
Host Rashad
But now you start collecting 2 million.
- [57:53]
Host Troy
But let me just. Right, watch for the sabotage. Watch for the sabotage. That's the part that's concerning to me.
- [58:04]
Host Ian
Watch for the sav Circle. Yep.
- [58:08]
Host Troy
Or outside entities that have a vested interest in what they want to do. That's the dangerous part. That's the wild card that you really can't control. But let's talk about this. Let's talk about each scenario for people's stock portfolio or just the stock market in general. If worst case scenario happens and they run the red light and he actually does do what he says he's going to do and decimate the entire country. Well, that's not good. How does that play on the global economy, stock market and everything?
- [58:46]
Host Ian
I'm gonna be honest, I don't know if it's gonna have the, the blockbuster, no pun intended, black swan effect that everyone thinks because the, like, if you look at the vix, the VIX peaked in March and so far it's hovering at 23 in my estimation. I thought VIX would have been at 32 by now. Will it have a short term impact? But will it have the impact it would have had 10 years ago? I don't think so. Would there still be uncertainty out there as a result? Will it put pressure on the Fear and Greed index? Yes. But as I look at the VIX right now the Vix is at 2389. I think most of that has been priced in already. Unless we enter a World War 3 scenario or there's a scenario in which we just get decimated, I don't think it's going to have the greatest impact on the market. It's not going to have a. It's not going to lead to us being in a recession or a 15 drop in the S P. Well, it depends.
- [59:47]
Host Rashad
I'm with you up until the point where it depends. Can they open the straight? Because if they do all of that and they still can't open the straight, then that, that supply chain issue, the obviously inflation will be. All those things that we. Charlie listed earlier are going to happen. And in that scenario, then, yeah, we're looking for some really troubling times. Right, because that straight is important obviously for the oil. But we talked about the helium, right. There's other things that pass through that. And it's not just affecting us. Right. It's affecting other countries. We talked about South Korea, we talked about China, we talked about India. If they can't open the street, that is problematic. If they can't, and I don't know if it's what their plan is.
- [60:32]
Host Ian
Is it.
- [60:32]
Host Rashad
Do we decimate and try to take control or fight for control of the straight? That, that waterway is, is the most important piece to me in this scenario. So even with all the things that they're threatening, can they get that?
- [60:47]
Host Troy
And the thing about the, the thing about the straight is that it's not like a toll where they actually have it chained up. Ships are going through that they want. You don't have to stop every single ship to go. You just have to have enough fear that ships don't want to go through. Meaning if it's 10 ships and you hit one of them. Well, that's pretty risky.
- [61:09]
Host Ian
Yeah, that's pretty risky.
- [61:11]
Host Troy
If you hit two of them. No, that's very risky. Now if you hit three ship, that's only 30%, that effectively shuts down. Of course, that effectively shuts it down. So that's the thing. That's why it's so difficult. Because for people, for full context, America has the strongest military. It's like, why can't they just open it straight? It's almost like guerrilla warfare. Do you, you, you just have fear. You have to have enough fear that nobody wants to pass it. And like I said, you don't have to have 100% accuracy. You just have to hit enough of them. And that's kind of hard. That's kind of hard to fend off for a hundred Ships that eight not make it.
- [61:50]
Host Rashad
And they're not fighting the. The most, like, advanced technology when it comes to their war. Right. They're saying, like, yeah, we're gonna get a speedboat with the missile launcher. And we had it straight for that boat right there. So, like, the traffic has slowed. It used to do, like 120 ships a day. It's down to 10.
- [62:08]
Host Ian
Yes.
- [62:09]
Host Rashad
Right now. 10 passing through. And you can't. If you. If there's 10 speedboats coming at, what can you do? Right. So do you risk it?
- [62:17]
Host Ian
Do you.
- [62:18]
Host Rashad
Do you say, like, okay, let's try to risk.
- [62:21]
Host Ian
It's not worth it. And two key levels to keep your eyes on the oil being at 123.89 and then Vix being at 3185. That's when you'll start to get a calculation going back to two weeks ago. Economic levers. Those are two price points where things start to put pressure on him to do differently. And then also, too, a lot of people know that this is a gross miscalculation, that this wasn't the best way to get whatever his agenda was. This was not the best way to go about it.
- [62:53]
Host Rashad
Yeah, there was that. That scenario where Venezuela. We took the crude. Right. But the. The functionality of it wasn't complete. Right. It had to have another formula in order for it to be used as patrol. And the other piece was inside of Iran. Yeah, we'll see.
- [63:13]
Host Troy
Man. I think.
- [63:13]
Host Ian
And in war, one of the biggest mistakes is to make a counter or. Or fall for the trap that your enemy set for you. This was not our issue to begin with. Go ahead, Rashad.
- [63:26]
Host Troy
Yeah, he said we have no. We have no benefit of being there. Yeah. This is live. This is definitely live. Hit the like button.
- [63:31]
Host Ian
Yes.
- [63:32]
Host Troy
Okay. So on the other side, if they do. If they do come up with a deal, that's good, how will that affect the stock market?
- [63:40]
Host Ian
It'll be like April of last year to the moon. Off to the races. Now he can go on. And true social, like, I brought the market back, me and Melania, like, he gonna be celebrating as if he did something glorious when you're just recovering and getting back to the baseline of where you should be. So a lot more money will flow in. I think the. The desire to buy energy assets will taper off. Tech will take off to the upside, bonds will retreat back down, and it will make for a clearer IPO market as well. So he cares a lot about how the stock market is doing because he thinks that the stock market is a pure reflection of the economy. And it's not no package. So that would be a great sign for the market, but we would just be to the levels where we should have been.
- [64:29]
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- [65:29]
Host Ian
And if he wouldn't have made the decision to even mess with Iran, he
- [65:34]
Host Rashad
brings it up all the time. He's really concerned about the stock market. Every press and that that number of 50,000 always comes up.
- [65:41]
Host Ian
Right.
- [65:41]
Host Rashad
Nobody said we'd be at 50,000 in four years. We've done it in one. Like, here we are. I'm like, well, on inauguration day, we were at like 47,000. So yes, it did grow. But like, bro, this isn't like a 40 to 50,000 job, you mean?
- [65:57]
Host Ian
No.
- [65:57]
Host Rashad
And here we are now trading, like literally at that mark. So it's kind of been flatlined for a little bit. But he, he cares. And I'm with you. If, if, and, and, and prayerfully, there, there is some type of resolution here. Yeah, we're gonna, we're gonna see the, the, the NASDAQ run a little bit here. Yeah, it got hit hard. S P got hit. But those type of scenarios, when there's certainty, when people are still looking for growth, they're going to run back to tech. Right. And then when they're looking for mega growth, they're going to even put more money into tech. Plus we're starting a new earnings season. So that would be great. That would be great.
- [66:39]
Host Troy
Yeah, we'll see.
- [66:39]
Host Ian
You need a safe landscape.
- [66:41]
Host Troy
Hopefully create a problem to solve a problem.
- [66:46]
Host Ian
Yeah.
- [66:46]
Host Rashad
And then boast about it that that's the formula.
- [66:48]
Host Troy
It's crazy, but hopefully, hopefully you get this done because, well, first and foremost, you don't want to see anybody lose their life. So if, if they don't get this done, there's going to be a lot of people that couldn't get killed. And there's already been a lot of people that's been killed already. So hopefully they can get this done.
- [67:02]
Host Rashad
But for the first time. And I, I'll end with this one. From my standpoint, this is the first time I heard him say that he didn't like this. Like, everything has been, we've been decimated. Him, we, they're, they're going back to the Stone Age. And today was the first time I've actually him said, like, I don't like this. No, he did no 100.
- [67:19]
Host Troy
He said, I don't want to do that.
- [67:21]
Host Rashad
He said, I don't like this. You think I want to see people being killed? I don't like this at all.
- [67:25]
Host Troy
He said, I don't want to do 100, bro. He said, I don't want to do that.
- [67:28]
Host Rashad
He 100 said, I don't like this. I don't like seeing people.
- [67:32]
Host Ian
Oh, my God. Rashad. In conflict.
- [67:35]
Host Troy
Again, the context is important, though. He said that after, after they said that he, okay, he's committing a war crime. So you got, you gotta say that, you gotta say that because you. On the other hand, he's the first United States president to open. Now, there's been war crimes committed by
- [67:58]
Host Ian
president, but he openly stated that he's
- [68:01]
Host Troy
the first United States President. I also don't think that he's fully educated on. Because he's also, he's a reality TV show star and a real estate mogul and an investor. He's not educated on politics. Like, he didn't come up the ranks through law school, go to, he didn't go to Yale, Harvard, like law, law school. Like these guys, Barack Obama, George Bush, like, whether you like them or not, they're educated on politics and how the Supreme Court works, stuff like that. Sometimes I don't think that he fully even understand what he's doing. I don't think he knew that blowing up a bridge is a war crime. I don't think he, I don't think he actually, I don't think he actually knew that. So when you say that, that's pretty, that's, that's pretty serious to actually just openly admit that you think I care. I don't think he's fully educated.
- [68:46]
Host Ian
I don't think he's informed.
- [68:49]
Host Rashad
I don't think he cares because he's. Here's the thing. Here's why I say I don't think he cares. He's. No other president has been given the leeway and the free will to do whatever he wants, say wherever he wants.
- [69:05]
Host Ian
No one, like the toddler doesn't know the rules.
- [69:09]
Host Rashad
No one. Imagine any other president putting that tweet out on Easter. Right. They would be calling for the 25th amendment. How can we impeach? Right? I didn't hear anybody say anything today. I'm waiting, like maybe, maybe the other side will say something. They'll condemn this. Nothing. It was quiet.
- [69:27]
Host Ian
They're afraid.
- [69:29]
Host Rashad
Exactly. Which means that I can rule however I want. I don't care.
- [69:34]
Host Troy
The other side says some stuff. Bernie, Bernie Sanders says something. Omar Iliar says something.
- [69:40]
Host Rashad
Was it blasted? All I'm saying is like, was that put front and for. It wasn't on my feed. I didn't see anything. Like I can turn to MSNBC and see that, right? Like, I might have heard like a few, but like, oh, Bernie, that should be like the lead story.
- [69:53]
Host Troy
Bernie put it on his social media. Gavin Newsom.
- [70:01]
Host Rashad
I don't know why, like, why wouldn't impeachment be on, on the table?
- [70:06]
Host Troy
Because the Republicans control Congress.
- [70:08]
Host Rashad
Just the idea though.
- [70:09]
Host Troy
They said it. They said it. Lily, Omar, she, she tweeted it.
- [70:13]
Host Rashad
But I'm saying the feed is not strong enough.
- [70:16]
Host Ian
Right?
- [70:16]
Host Rashad
Like that, that message is not strong enough
- [70:20]
Host Troy
because it's not going to happen.
- [70:22]
Host Ian
Or maybe, but he is losing favor in terms of polling for sure.
- [70:26]
Host Rashad
Or maybe it could. Maybe there is somebody on the on his side that's like, yo, this is outrageous. Well, where's Drew Ski at, man?
- [70:34]
Host Troy
Let's say this before, before we leave this topic for people that's interested in the portfolio, let's talk each step by step. What should traders be doing right now? What should traders be doing right now?
- [70:45]
Host Ian
Traders should stick with their plan of what they had. And this is why I always say, regardless of circumstances, you have to know every risk. My homework assignment for the night. Act as a world class investor. Give me the top 50 black swans that are probable for the next 50 years and calibrate my portfolio according to it. You can't say I lost all my money trading or investing because you didn't plan properly. This is why I say sit down and do the homework. You have to study the history of the economy. What throws the economy off, how a portfolio would do in terms of a crisis if it lasts for a year versus four for everyone who's worried about this Iran war. We were in War for 20 years over the weapons of mass destruction. It was also because of quantitative easing. Context matters. One of the greatest times to invest in American history, you have to study this if you want to be rich. There's a lot of work and mamba mentality that comes with being prepared. You can't treat this like a hobby because they're in office. Not treating it like a hobby. Hold for the long term. Any advice If I made you money?
- [71:57]
Host Rashad
Please put yes in chat for investors. This is the time.
- [72:01]
Host Troy
Traders. Traders trade.
- [72:02]
Host Rashad
So this is the time, like I said. And this has been my message for the past three weeks. Like in times of uncertainty, this is when you got to find your clarity. Right. So there are plenty of companies that have pulled back 20, 30, 40, 50, 60%.
- [72:14]
Host Ian
It's a blessing, right?
- [72:18]
Host Rashad
At that point, it shouldn't be, hey, what should I do now? At that point, all those check boxes that you have on your plan should have a green check on them. Right. Depreciated. Hit my threshold. Obvious depreciated. Hit my threshold. Strong company. Perfect. Hits my threshold. Is it an opportune time to buy? Hit my threshold. So you're now checking off all of the markers in your plan and you're saying, all right, well, the last thing is that last box execute.
- [72:45]
Host Ian
Yeah. And you gotta buy time. You have to give time for this to long term and short term. Even if they announce a deal tomorrow and the war is over, it's going to take a couple months for the market to recalibrate to feel that everything is safe. Hold for the long term, please.
- [73:03]
Host Troy
Okay. Investors retirement. Start with people that's in their retirement. 401k. I would advocate that you would just stay the course. I don't think what happens during these situations that happened in 2008 is that people go to money markets. Your account goes down 20%, you start to panic. You, you liquidated, you liquidate your whole entire account. You go into a money market and that's very dangerous because you don't actually get back into the market in time. And you. And you lose a lot of money by doing that. Stay the course. If you're in a retirement account, you should already be balanced. I would say target date fund anyway, so you're not heavily leveraged. Depending on your age. Don't even look at it. If it gets to that point, you know you're not touching this money. It's not day trading. But do not liquidate your account. Hold. Hold the line. Hold vitally important.
- [73:58]
Host Rashad
Somebody asked what companies are trading below 20%.
- [74:02]
Host Ian
I mean a bunch Figma to Oracle. Microsoft. Yeah.
- [74:11]
Host Rashad
Nvidia is down 19 so it's right there. Meta was down 22%. The the mega caps are there. Tesla, it's a bunch.
- [74:19]
Host Ian
Tesla is starting to get beat up.
- [74:21]
Host Rashad
Yeah.
- [74:21]
Host Troy
Somebody said lost 33k in my 401k rashad. You don't. You only lose it until you actually take the money out. It's only a loss on paper so. And nobody wants to jump out the plan. Nobody, nobody wants to see the account down $33,000 that I get it. But it's only a loss until you actually liquidate. Stay the course please stay the course. Realize and unrealized and the last thing is for long term investors and just regular what's okay, what's your top 3 stocks to buy right now?
- [74:58]
Host Ian
They haven't changed.
- [75:01]
Host Troy
What are they? For somebody that never watched the show before some people this might be their
- [75:05]
Host Ian
first time watching the show for the first time. Listeners, thank you for being listener.
- [75:08]
Host Rashad
There you go.
- [75:09]
Host Ian
If you want safety I'm going to give you safety. I would do Microsoft, Apple and I'm going to lean on Visa. Microsoft, Apple and Visa. Those that are down deep. Microsoft for sure. Apple despite the AI misstep and what they could have done to improve Siri they've calibrated well for these moments and economically with Tim being a great operator I can't wait to return calibrates well for these moments and I think Visa has been oversold too much given how many like they process 64 of all the transactions in the world.
- [75:50]
Host Rashad
Yeah global.
- [75:51]
Host Ian
Yep, yep. So those are three outside of the two Tech two index formula. This two tech two index at work. Yes, of course but those are the three I will lean on heavily over the next year.
- [76:04]
Host Rashad
I'll just tell you exactly what I did buy in the past month. I bought more Nvidia
- [76:11]
Host Ian
home run, Google home run.
- [76:15]
Host Rashad
Especially with this IPO of SpaceX looking like it's going to happen at some point this year. I bought more Micron, everybody's favorite and I bought xlk, bought the technology ETF and I have one tomorrow that I'm gonna put in EYL U that we've been talking about for a few months now. I put it in my top 10 companies this year. It hit a price point and they had some news. I shared it with Shoddy earlier that I think is gonna have have a really nice rebound in the back six months of this year. So those would be my three that ETF and estimation. Yeah, well, for smh, I, I wanted to get into it, but it just hasn't pulled back to a point where I'm like, all right, we can add some more here.
- [77:05]
Host Ian
If I can give one more since Troy gave a fourth. Waste Management is, is an absolutely amazing business. Recession proof, conflict proof, almost black swan proof. During this time when a market has been down, they have been
- [77:26]
Host Rashad
solid.
- [77:26]
Host Ian
Overall they're currently at 233. All time high was 248. Been an incredible business. If you go back to 2024, they were at 149 and maybe three or four years they should be at 310. So if I have to pick one that's conflict proofed, AI proof and it takes all the risk off the table. Long term, Waste Management is an amazing company.
- [77:52]
Host Rashad
I added one more. I'm sorry, you want to give yours.
- [77:55]
Host Ian
Oh my God. Come on, let's do. We will do top 10.
- [77:58]
Host Rashad
I just looked at the post I had. It was, I also added Netflix. I did a Netflix call at 100 and today it crossed 100. Which has been like, sometimes there's numbers that you want to see it hit. Like from a mindset standpoint, can it get to 100? We saw that happen today. So yeah, Netflix is something I had as well.
- [78:17]
Host Troy
Yeah. Microsoft is down 30, 30%. That's important to understand that, you know, a company like Microsoft is down, is in a recession. Yeah, yeah, for sure. Bitcoin down 48 from its all time high. You got Nvidia down 17. It's always good to dollar cost average into ETFs. Invest with Invesco over the long run, you're gonna, you know, always make money off those crickets. But I definitely think that Microsoft is something that if you've never invested before, it's a relatively safe bet that investing has considerable risk. Consult your advisor not to say that it can't go down anymore, because it definitely can. But hold it for 10 years, I think you're gonna make money. I think if you buy bitcoin right now, you hold it for 10 years, you're gonna make money. Not to say that bitcoin can't go down anymore, but it's down 48, it's almost down 50%. So you gotta look at, you gotta look at, you know what, what's the best company that's down the most?
- [79:18]
Host Ian
Yep. Microsoft. And if you never want to guess where to invest or what to buy, go to Ian invest.com and join a Red Panda stock club. I'll tell you where to get in, where to get out. Three prices for every stock. Matter of fact, I have two new stocks that I really love that I'm going to put prices for tonight in Kajabi this Sunday at 9pm Central. I have the stocks and the prices for the month. So if you never want to guess what to buy or where to get in, go to ianinvest.com yeah, I'm glad
- [79:48]
Host Rashad
you brought up QQQ. I'm not. Did you guys see that? What Black Rod did today? Did you guys see that? So they announced. Yeah. Yeah. So obviously QQQ. Invesco Technology ETF. BlackRock today announced that it's going to create its own competitor for QQQ Smart. Yeah. So they're calling it IQQ and it's going to be pretty much the same. I'm sure there'll be different asset allocations inside of it to have some different. But they were looking at it like everybody talks about Invesco investment. Invesco. And now BlackRock has announced that they're going to have their own technology ETF smart.
- [80:26]
Host Troy
Yes, sir.
- [80:27]
Host Rashad
Larry. Larry added again and I will say
- [80:30]
Host Troy
this too, April 25th, Westchester County Center. We will be speaking at the Health is wealth form. Shout out to the brother Dave. You can get your tickets to that. You can go to I believe the website is county center biz and they got, they got vendors there. It's an all day event. I think Mike is speaking there too.
- [80:56]
Host Rashad
Mike is there. Mike. Mike will be there. We will be there. That's hometown. This is, this is a homecoming for us. So yeah, show some love, come up, pull out, pull up on us. We're gonna be there for pretty much most of the day. So make sure y' all there. And if you got the book, bring the book. We'll sign the books. Yeah, but the family gonna be in the building, man. So y' all should be there.
- [81:18]
Host Troy
And we are coming.
- [81:18]
Host Ian
And Nvidia.
- [81:20]
Host Troy
Nvidia. Nvidia What? Oh, you invest in Nvidia.
- [81:26]
Host Rashad
No, no, I'll walk through.
- [81:29]
Host Troy
Oh yeah. Well, they got the information already.
- [81:32]
Host Rashad
Yeah, yeah, yeah, they got it. They got it.
- [81:33]
Host Troy
They got the information already. That's second part of mastermind. JP Morgan warns that Tesla could drop another. Was it 40, 60, 60.
- [81:43]
Host Rashad
This is, this is interesting. Yeah. I want to let you go and then I got someone to shuffle.
- [81:57]
Host Ian
Two thoughts. The timing of when this came out. If this is a top of your prediction, I wouldn't have had an issue with it. But I think also too this kind of thing gets headlines was also Drums of Business. If we hit a black swan event or baby black swan, do I see a scenario in which Tesla could do go to 256.75? Possibly. And my estimation is less than an 8% chance of that happening. But do I think there's a little vendetta inside of some of these banks at him given? Because if Tesla drags down to 256 then where does the rest of the Max 7 begin to calibrate and start to decay and fall down? So I'm not worried about this as much as some of the other companies we talked about. I told stock club probably four months ago where Microsoft was going to drop too. So I'm not worried about it. It's something I would keep on a watch list and set my level to. If I was going to buy, I would buy at the 256 level. But I don't. I think this is much overblown. I do see Jamie as well. Kudos to Jamie. Dimon has been on a tour stating of how far he think the market could run. Once again, if this was stated top of the year, I would have a different feeling about it. But in the midst of the war that we're going through, literally in a financial war that we're going through, I think the timing is just ill. I think this is much overblown. What do you guys think?
- [83:35]
Host Rashad
It's interesting. Yeah, 60 drop down to 145 is. It says a lot. I think the, the piece that makes it very interesting is that SpaceX is about to IPO this year.
- [83:47]
Host Ian
That's my point.
- [83:48]
Host Rashad
And so I'm calling it the Innovation Innovation Premium. Right, the Innovation premium. Because when you think Elon, you think AI, you think space, think robotics, you think future of tech. And you invested in that by investing in Tesla. Right. It wasn't about the Automotives, it hasn't really even been about the robotics. Although I think that's going to be a very important piece this year. But it's about the innovation that he has, the way he's looking at the future and trying to be a part of that. So people believed in the CEO, so they invested in Tesla. Well, if SpaceX IPOs now, do you split that innovation? Because half of the innovation might be now with starlink. All those things are there and now we're left here with the robotics. Are people selling or will they sell Tesla in order to now invest in SpaceX? It's an interesting proposition. I'm starting to hear more talk about it. But it could work both ways, right? Like people could say, hey, this Rosebotics things that you had, the autonomous vehicles, it really is taking longer than we thought. Right. We saw some trials for it last June. It was supposed to be here by this June. Where's the update on that? Or is your focus strictly on SpaceX and where that's headed with potentially a 2 trillion dollar value? I mean, they could open at 2 trillion like this is. It'll be the fifth company in, in the world. Is that where the focus is? And that's always been the issue with Tesla, right? As soon as we say Elon is in focus, we watch the stock pullback in Tesla. Now, is the focus. Where is the focus? Right. Is it with this company or is it that company? Or will he show that SpaceX is so innovative that the remnants are going to rub off on to the company in Tesla and there's going to be more innovation that's coming? So I think there's two ways to look at it, but 145 is pretty drastic.
- [85:44]
Host Ian
That's a little bit of a discount.
- [85:46]
Host Rashad
Yeah, that, that's pretty. That's pretty harsh. Especially with all the focus that we had leading into this year in terms of robotics and autonomous vehicles. So it'd be interesting to see.
- [85:56]
Host Troy
It could definitely. It could. Okay, you bring up a good point. As far as people. Tesla is not. Tesla has disappointed on car sales over and over and the robotics can definitely end up being a Metaverse moment for him. It could be a Metaverse moment.
- [86:20]
Host Ian
Well, I got a counter when you done.
- [86:23]
Host Troy
So people are investing in Tesla because they just believe in Elon Musk. Now, when you have another company that is a better company and a more important company, because SpaceX is more important than Tesla, no matter how much of an idiot he is or a jerk he is. Allegedly, he's litigious.
- [86:45]
Host Ian
Allegedly.
- [86:47]
Host Troy
His SpaceX technology, he has a monopoly on space. That's pretty important. More important than, like I said, these robots. When I say it's a Metaverse moment. Mark Zuckerberg changed the name of his company to meta and invested $80 billion because he thought that the metaverse was going to be the future and that completely failed. Are they going to be 100 million robots in the next 10 years? I don't know.
- [87:15]
Host Rashad
Who knows?
- [87:16]
Host Troy
That could be another. That could be another.
- [87:17]
Host Ian
Not on Earth.
- [87:18]
Host Troy
That could be another Metaverse. That could be another Metaverse moment. But his SpaceX technology, his SpaceX thing is, there's no denying that Tesla could very well not Even make it past another 10 years. That's a possible, that's possibility.
- [87:35]
Host Rashad
Not in the traditional sense of. And I think, I mean it's well documented. Like they're not interested in just selling cars. I think that the focus has to be on AI using that in an autonomous way to number one, make you income, but make the company income and have robo taxis throughout the world.
- [87:52]
Host Troy
But that's what I'm saying. They don't have, they have, they have competition in every, they have competition in the car space.
- [87:57]
Host Rashad
In the EV space.
- [87:58]
Host Troy
Yes. They're gonna have competition in the, in the robotic space. They have competition in the solar panel space. He has no competition in space at all.
- [88:07]
Host Rashad
Not at that scale.
- [88:08]
Host Ian
No,
- [88:11]
Host Troy
not a scale.
- [88:12]
Host Ian
Yeah, Origin.
- [88:13]
Host Troy
Not at scale. He's, he's dominating space at a level that we've never seen before.
- [88:18]
Host Rashad
Yeah.
- [88:18]
Host Troy
So.
- [88:18]
Host Rashad
And I think bigger than space is the neural link piece, which is satellites, which is in space. And I think the partnerships that they have, Planet Labs, obviously Google's investment in that, them seeing it early, that doesn't, that doesn't hurt.
- [88:29]
Host Ian
But
- [88:32]
Host Rashad
can I. All right, go ahead. Because I, I'm gonna, I want to paint a scenario, but I don't, I didn't know if he was finished. But you want to let.
- [88:39]
Host Ian
No, no, no, go ahead, go ahead.
- [88:40]
Host Rashad
Yeah, go ahead.
- [88:44]
Host Ian
I put on this weekend I said I think there'd be a restructuring of the Max 7 by 2029 and I think he could have three of the top seven companies in the Max 7 if he plays his cards right. So Starlink is the technology to me that matters the most because that, that is the framework for interconnectivity and outer space. I agree as a ton of competition in the car space, but the robotics arm is incredibly important to the development of SpaceX. So I think a lot of people are looking at it as should you invest or one or another. They can't, they're not going to let him build a, a hyper company or a hyper conglomerate. He has to keep them separate for now because of some of the political enemies that he's made. I think he's going to develop Tesla into a robotics company. In 25 years from now. You are. Damn. They're going to forget about the CAR and the robotics. To be in outer space is going to be the move. And if you can have three self funded engines to then run the world, he's going to have a huge competitive advantage there. I've been one of the main ones who said for years Tesla is not his End goal to be chairman or CEO of Starlink or SpaceX is the ultimate goal. Huh?
- [90:15]
Host Rashad
You, you, you're about to. That's what I was about to make this point, but you're making it. Go ahead, keep going, man.
- [90:20]
Host Ian
The, the ultimate goal is to have three separate entities and then to come off as a savior, to mold them into one to save the American economy. So these are just chess pieces. There's no difference than if you guys had, I want to say, business ventures coming up. But if there's like three, like you have ROC Nation, let's say you have artists. And then let's say if Jay Z bought all the tour facilities in Australia and England, they look like they're separate, but the idea is to become a conglomerate. He's been putting that in play for a long period of time. I think he got off, off track due to his relationship with Trump. But even that, that was a political and a chess move for him. So I've always said that he doesn't want to run Tesla. CEO. I think they'll find a chairman, but they're going to evolve to a robotics company that services SpaceX. But Starlink is the star technology of all those companies that he has.
- [91:20]
Host Rashad
I think. I'm with you. I don't. I think 25 years is, is. I think it's happening before that. I think we get there a lot sooner than 25 years. So Starlink, SpaceX. Starlink is inside of that. Xai is inside of that. And you kind of.
- [91:37]
Host Ian
He's going to spend one of those
- [91:38]
Host Rashad
off the ipo, but the neural link pieces is kind of like just out. Like it's there. I saw somebody who had als, got their speech back in their new trial. Is there a world where it becomes a one conglomerate. Stop. Where the robotics and Tesla are now merged with this company, which is now SpaceX.
- [92:01]
Host Ian
You got it. Yeah, but you got to have a safe regulatory environment to be able to have that happen. That's why I think he's trying to keep, keep them separate for now.
- [92:08]
Host Rashad
For now.
- [92:09]
Host Ian
Yep, for now.
- [92:10]
Host Rashad
But this is like the Tony Stark moment where you have all those things and now you become the wealthiest company in the world. Well, you might still fall short. Nvidia probably will still at that 4 train liability, though.
- [92:22]
Host Troy
Tesla's losing money. Starlink and Starlink and SpaceX one of the same almost. Because they're in line with each other.
- [92:32]
Host Rashad
It's the same company.
- [92:33]
Host Troy
They're one of the same. SpaceX can. I don't think that Tesla is needed in the SpaceX ecosystem, it doesn't hurt
- [92:44]
Host Ian
for the robotic standpoint and
- [92:48]
Host Rashad
robotics, satellite, all those things combined.
- [92:51]
Host Troy
But they already have the satellites.
- [92:53]
Host Rashad
That's what I'm saying. Space. So Starlink is, is inside of the company.
- [92:56]
Host Troy
SpaceX, I'm talking about Tesla.
- [92:59]
Host Rashad
Yeah, but if you have the robotic, the, the autonomous vehicles now you have a satellite that can actually control.
- [93:05]
Host Troy
Yeah, but the company's not doing well. No, in theory. In theory 100. It makes, it makes it all the sense in the world.
- [93:10]
Host Rashad
Here's my question.
- [93:11]
Host Troy
The company is not selling that many cars anymore.
- [93:13]
Host Rashad
Is SpaceX doing well?
- [93:15]
Host Troy
Well, SpaceX has the best. They have. They have the best thing going for them. Government contracts.
- [93:22]
Host Rashad
Okay, well Tesla has government contracts too,
- [93:24]
Host Troy
but SpaceX has a different contract.
- [93:26]
Host Rashad
So here's the thing, right when, when the IPO happens and this will be interesting to watch, it's something we should watch.
- [93:31]
Host Ian
Liquidity event.
- [93:33]
Host Rashad
Right. How much revenue did SpaceX bring in last year? You know, 16 billion. Not nothing to sneeze at. You know how much space, you know how much these space.
- [93:48]
Host Ian
And if the development cycles are that for Tesla and led to failure, if we're talking rockets, the failure rate is going to be enough. It's not going to be enough. That's why you need even in my opinion, they probably won't let him. At some point he has to spin Starlink off. That's the key with everybody. That's the key component. And people keep saying he's not going to do it. I'm like, you have like GE has been a classic example of taking assets and making them public. Trade it. There's a blueprint for it. There's a lot of. It's a capital intensive business. He needs different oceans of revenue to be able to drive that capital back into the machine and then be able to piece them all together like a transformer. Rashad, I get your point. Just from a market cap valuation perspective, he can reimagine what that company. Look, we wouldn't be able to do it, but he can take it from an EV company to a robotics company to a space derivatives company and then find ways to funnel money in and out of that organization to go to the, to the mothership.
- [94:55]
Host Rashad
Yeah. So the government contracting, when I'm looking at, on the surface, it feels like, oh, that should be enough for. But what government are you getting the money from? Is it just the United States government? Right. Because we saw what happened with Tesla when it was just a United States thing. Right.
- [95:11]
Host Ian
Yeah. He's not gonna make the mistake Again,
- [95:13]
Host Rashad
we close out on the whole economy. But the Starlink piece, that's a global thing that can really help people. That, that becomes a, that's the one commercial use, enterprise use and individual. Exactly like we're looking at it like we're traveling to, to Africa a lot. Well how, how stable is the Internet? Well, when we go there, people like oh, I got Starlink.
- [95:36]
Host Troy
That's why he also has the satellites in Earth in space from SpaceX. So he, they, they wanted the same. He's, he's definitely in control of the world's Internet. He's going to be in control of the world's Internet because he shut down, he shut down the Internet in Iran before and then he's working with other governments. He gave Israel his technology when in Gaza. He shut down Iran, South Africa. Even after everything that they went through, they still had the go through him. You said Ghana. He, he can control Internet for a country. He can control Internet for a country. Right now the only thing only he probably can't. He probably can't control China's skies. They're too advanced. But for most countries, for most countries he can control Internet. If he wants to take over right now, he can take over the Internet. But then Mike also made a point that Tesla is a, a data company. So yeah, we'll see, we'll see. We'll definitely see how this all plays out. But let's talk about the next topic. Vix, the vix. How does the vix. Where are we at right now with this?
- [96:48]
Host Ian
Looking at the VIX a lot, a few people ask me are we in a trap? And the VIX is currently at 23.95. On the 30th of March it was at 29. I don't think we're in a trap. I think a lot of things have already been priced in the thing that people forget, especially in that Bloomberg terminal. There's a lot of information that is being shared in real time with the brightest and the best. So some of these things have already been priced in. I think they probably already have an idea of when the war is going to come to an end as well. They just may not be able to publicly say it. So it's one of the things I look at every day when I researching and studying the market. The VIX future but also vix, you guys can put that in Schwab or Thinkorswim or Trading View. If we break up to 3812 I'll have some concern then. But once again it's Also a really great time to buy, but I don't think we're in a trap. I think this is an event that we'll look back on in two or three years and it's going to be a blip in history in terms of should you have been concerned to have your money out of the market. And on top of that, the difference between now and 2008a, the information that we have is better. Retail investors are probably the best class that we've ever had. But there's also a lot more money being poured into the market in almost every ETF. Like the size of these ETFs dwarfs to what they were in 2008 and 9. And also the part that isn't discussed enough. Where else are you going to place your money to get a high return? Unless you're an accredited investor with a relationship, you can't park money into DataBricks. Pre, pre IPO. It's the only game in town. Yes, you can put the money into real estate, but you, you're going to have to have a lot more capital. So it's a bunch of different instances now that are different than 2008, but there are so many great companies to invest in opposed to 2007, 8 or 9, where the quality wasn't as great. I mean, we have a bunch of trillion dollar companies. And if you told me this would have happened 15 years ago, I would have thought you'd been alive. Some of these companies are going to IPO at a trillion and some change.
- [99:05]
Host Rashad
Insane. You just said data bricks and we just kind of breeze over that. But they're going to IPO at like a $100 billion valuation. Yeah. You remember like five years ago when we were saying that about, oh my gosh, stripe has a chance to have that. I can't believe it's 134 billion and now it feels like, oh, $100 billion.
- [99:26]
Host Ian
This is dropping a bucket.
- [99:27]
Host Rashad
Yeah. Yeah, I think there's. I mean, you nailed it when you're talking about the vix. I think I'm saying that I look at the VIX every day. You're saying that you look at the VIX every day. We're all saying that we look at
- [99:38]
Host Ian
the VIX every day.
- [99:39]
Host Rashad
You should be looking at the VIX every day. In fact, if you took just like a glimpse of the vix, I'm not sure you'd be able to determine what's actually happening in the.
- [99:49]
Host Ian
Like, it's almost like there was no conflict.
- [99:52]
Host Rashad
Because if you go back to 2020 and you know, the beginning of the pandemic and you look at how the VIX spiked and the levels it got to. If you're looking at that, you know nothing, you say something happened. Yeah, something happened there. That is an outlier. Something happened here. And if you look at it now, it's okay, we got.
- [100:16]
Host Ian
Yeah, it's really kind of a non factor. Like the, the DMC issue went to 60.
- [100:26]
Host Rashad
Exactly, exactly. You look at it from. If you're just looking at that chart of the Vix, you look at January of 2024, you say something happened there. There, there was, there was an event that happened because this spiked. It got up to 60, something happened and then you kind of see consolidation and then you might see it bump up to 30 every now and then and it feels like we're in that moment. In fact, like when you look at the future.
- [100:50]
Host Ian
Yeah.
- [100:51]
Host Rashad
You look at the futures for crude like, yes, we're at 113 here after hours. But look at May futures for crude. Look at June's futures for crude, Are they descending in price? And if they are, which they are, that tells you that they're not planning on it being that high much longer, which is another telltale sign.
- [101:12]
Host Ian
In 2015, Vix is at 1553, 34. 2018 was at 5043. Of course, 2020, we were at 85 and 2024, we were at 66. We're at 2417 now.
- [101:27]
Host Rashad
It's been priced in the volatility index. Somebody's asking volatility index VIX on the volatility index.
- [101:35]
Host Troy
Well, volatility itself. Is this an opportunity for people? Volatility? You want to even just explain why volatility is important for people that might not even fully understand. When we talk about volatility, while we even talk about volatility.
- [101:52]
Host Ian
That's a great question. There's a direct correlation between how much volatility the stock goes up and down. There's a correlation between how much return you're going to get. So if a stock drops 30%, you can expect to double or triple long term gains from there, opposed to if, let's say a stock was only moving 1 to 2% up or down, you're going to have compressed gains as a result. So I love to make the analogy like if a house is on sale or house is normally a million and it drops 30% in value, everybody will rush to get that. But when it happens in the market, not as many people do, volatility is an immense opportunity and I really think in two years, no one's going to care about this iron conflict when they look at their portfolio. I'm not saying that flippantly. Go ahead, Rashad.
- [102:40]
Host Troy
I also like Chris Johnson. He made a good comparison about. I forgot exactly how he worded it, but it was like a roller coaster. Volatility is a few ways to look at it, but he's talking about from a bitcoin standpoint. A roller coaster is very volatile, but it's safe. It's relatively safe. Right. You have very good odds of getting on a roller coaster and getting off
- [103:05]
Host Ian
a roller coaster, getting off safely, probably
- [103:07]
Host Troy
not going to die. Right. But it's very volatile. And that's kind of like what bitcoin has been so far since its inception. It's been very volatile, but it hasn't been delisted, it hasn't crashed, it hasn't gone to zero. It hasn't. So the volatility is not necessarily a bad thing. It's the security time. It's the security that you, that you want to be. Because something now, something that's volatile, that has no security now, that's dangerous. But just because, just because it's volatile doesn't make it an asset that is uninvestable.
- [103:42]
Host Ian
Yeah. The tech sector as a whole is incredibly volatile. You can argue from 99 to 2009, the tech sector was underwater. And if it wasn't for quantitative easing, we wouldn't have the valuations that we have today. But for everyone, if they missed out from that 99 to 2009 run, which is a great time to build a base, you, you missed out on possibly tens of millions of dollars. So volatility is needed. It's unfortunate that it happens, but if a Stock is down 20% or a high quality company like Microsoft is down 30% and nothing changed about the structure or the policies or the systems in the business from last December, that's an incredible deal that you have to be a part of.
- [104:32]
Host Troy
Somebody said, what do I mean by security? Okay. Bitcoin, it's like riding a roller coaster that has a really good track record right now. You could go through a bunch of other cryptocurrencies that were pumping dumps that were very volatile, but they were not safe because now that they don't even exist anymore, they, that they got to the point where they just zero. So that's not, that's not safe investment. It's volatile. When you can go from one penny to a dollar in two weeks, that's very volatile. And you can make a Lot of money on the volatility. But it's not safe if it's not even going to be here next week or in two weeks is going to,
- [105:12]
Host Ian
you know like a penny stock or NFTs or.
- [105:14]
Host Troy
Right, exactly.
- [105:16]
Host Ian
Yeah. And it's not worth solid. It's filet is wagu. If you execute and listen, I. I
- [105:22]
Host Rashad
think the, the ticker says it all. Right. Like volatility creates opportunity. Like if you know nothing. There's the three things you should know when you look at a chart. Uptrend, downtrend, consolidation. Yep.
- [105:33]
Host Ian
And flat. Yep.
- [105:34]
Host Rashad
Right. Those are the three things you should know in your chart. Uptrend, downtrend. That is it is the stock going up, is it going down or is it trading sideways? Which just means consolidation. If you can get those three things, put your seat belt on, enjoy the ride and you'll be here long term. There'll be ups, there'll be downs. But you're going to you if you're in a strong company. Right. Like in. In. In that top 20 or a lot of the tech ones we talked about that have growth.
- [105:56]
Host Ian
Yeah.
- [105:56]
Host Rashad
You're going to enjoy and being invested in it long term. Put your seat belt on.
- [106:01]
Host Ian
And on the VIX side, I. I've never said this but I've said it at Invest Fest. But until the Vix get to 47, 32 or 65, 22, we haven't even hit the bumpy part of the roller coaster. That's long term. When I'm most excited to buy that 45 and 62 if we get there. That's are the signals. When it's blood in the street. Buy everything you can. And notice when the VIX is that high, no one's talking because everyone is buying. Write those level down, set them on your charts, execute at a high level and you two can have waggle. I'm gonna tighten you all up in these comments. Ain't no word salad. He telling you exactly what to do. So am I. Listen, if I made you money, please put yes in chat. It's a buffet if you listen the first time respectfully and with love.
- [106:51]
Host Troy
Offset was shot in Miami, apparently.
- [106:54]
Host Rashad
Who?
- [106:55]
Host Ian
Offset?
- [106:57]
Host Troy
Yeah, in a casino in Miami. But they said that he's okay.
- [107:00]
Host Rashad
Damn.
- [107:00]
Host Troy
Prayers up to that, brother.
- [107:01]
Host Rashad
Prayers. Offset.
- [107:04]
Host Ian
Damn. That's.
- [107:06]
Host Troy
That's a lot going on these days.
- [107:08]
Host Ian
It's a lot going on, bro. And also too for those of you who get into it. Now is not the time to be mixy with everybody because everybody's not in a fortunate situation. Like you be careful. Move accordingly.
- [107:23]
Host Rashad
Out the way. Yeah, way out the way.
- [107:28]
Host Troy
Jamie diamond issued a warning. We talked about it briefly earlier.
- [107:32]
Host Rashad
But what is the market missing? I'll keep this as brief as possible. I kind of brought up the idea of stagflation and there's some characteristics that, that usually happen in a scenario like that. And the picture is kind of getting painted and hopefully it doesn't. We don't want to see that because that means that there is no growth. Is there a supply chain shock? And if we look at the current conditions, yeah, Right. Energy prices have spiked. That's going to cause it to be increased throughout the globe and that potentially could cause inflation to rise. Right. So supply chain shock is the first thing. Tightened money. We haven't seen that just yet. Just yet. Meaning like the banks saying that they're going to raise rates to fight the inflation. That hasn't happened yet. If that does happen, then you have the economy slowing further. Right. So we got supply chain shock tighten. Money hasn't happened yet, but we got to be careful and hopefully that it doesn't. And the last piece is, is structural issues, meaning that is there a labor shortage? Now we've been playing with this jobs thing, right. We keep saying that there's more jobs. You aren't finding jobs. It's. It's like nobody's being fired, but no people are being hired. If that is the case, then again that promotes that there's not really growth and we can't see that. And then the final piece of that structural issue is will there be supply chain issues? Now we just spoke about if the street doesn't open the type of supply chain issues that can happen. If those persist, stagflation becomes a real thing. And the market is not saying it. And I'm happy that it's not saying it, but I just want to make people aware of if those conditions persist, that's where we're headed. Hopefully not.
- [109:16]
Host Ian
What are we missing? Going back to what you said at the top of the show, and we've been talking about it all year, Transparency. We have very little transparency. And what's going on in business, I mean, there's one person who is being transparent. Kudos to the CFO of OpenAI said that they don't really love the way that Sam is spending money at OpenAI pre IPO. That's telling. But just from a leadership standpoint in a country and then what's happening in the businesses. Some of you are shocked when I say the thing about how you getting A return on investment for $1.2 trillion in spend because everyone is hiding it. The private credit market issue has been a great concern of mine. We're lacking transparency and a lot of times what people won't say, there's a lot of money in chaos, in war, but there's a lot of money also in financial chaos. Amongst those who are able to trade the assets, there's now even. There's not a CEO, but there's a way to short that private credit market bubble. You need $65 million to be able to play that game, though. So if you don't have a transparency, that's why there's so much unrest in the market. But if you. The thing that I know about these markets though, over time all the bad players get wiped out and get moved and great players emerge, so you don't have to worry about anything long term. The ones that I love and advocate for are fine. Microsoft, Apple, Visa, Nvidia, amd, all like that class. Google. Fine. But the, the C players I would be very worried about for sure.
- [111:02]
Host Troy
Okay, is the AI trade a ticking time bar?
- [111:09]
Host Ian
Listen, we're gonna talk like it's just us.
- [111:11]
Host Rashad
Yeah, let's do it. Let's do it.
- [111:14]
Host Ian
And I'm the one who was brought in. Nvidia, amd, Pear trade. Right. Most of the companies, if they're not in the top 10, they're going to be rendered or restructured as almost useless in five or six years. The valuations that a lot of companies are not like, okay, Figma. Great company. I remember when everyone was calling it the killer of that space and now they got written down, they're negative 50%. I think there was a lot of hype because in order for a company to go public, you need the right sector, you need right time, and you need a narrative. Narrative. Too many companies wrote on Nvidia's narrative, like Super Micro, that all of these companies were weighted equally because they were in the same sector. And it's not true. And guess what? It happens all the time. It happens all the time in tech. A lot of the crypto projects that went belly up. And when venture capital was providing funding there, they also helped write the narrative. So do I think it's a ticking time bomb? It's one of the bombs that I think will lead to some reverberation in 2027. Not the only one, but I think it's probably one of the most egregious ones. And also, you know, it's true because they're. We're having some issues with some of these data centers and they're not being constructed as quickly as they once were. And, and spending has been cut, so the entire AI space is in trouble. The quality ones, no, but the C and D players for sure.
- [112:44]
Host Rashad
I'll say this, I was, I'll say no. And I don't know if that'll be. That shouldn't come as a surprise. I'll say no. But I'll put an asterisk next to the no. And it's because it's if. So if rates remain high or if they become higher. Yes, that's a ticking time bomb because valuations will compress. We know, we see higher rates. Tech is the first thing to get hit because people are looking for extreme growth. If they have to spend more money to actually create the products, if they have to spend more money on development and research, that's going to all affect the margins. But, and what we've seen over the past two years, maybe three years now, if these conditions stay meaning that revenue growth stays explosive. And when I'm talking explosive, I'm talking like how Nvidia has reported over the past four quarters, how Micron has just reported with, you know, making more money in a quarter than they've ever made in a year with all these companies. Broadcom, Google, which I think is still undervalued. Microsoft still undervalued. If they're still showing growth, then it doesn't become a ticket bomb for me. Right, because then the margins expand and then demand has to stay at the rate that it's at now. Eventually will demand pair off? Well, you would assume that would happen. Right, because eventually you'll be able to meet the demand and then that will lead to some type of balancing. But present day I say no, it's not a ticket bomb, but it has to have the asterisk. If rates stay the same, if they go higher. Yes, it is.
- [114:16]
Host Ian
We're making the same argument though. Yeah, I don't want.
- [114:19]
Host Rashad
Yeah, that's why I had to put the little asterisk.
- [114:22]
Host Ian
Gotcha. Yeah. Yeah. But just for everyone. $2.5 trillion in 2026 is allocated for AI, up 1.5 trillion from 2025. That's 44% year over growth. We all know the exceptional ones would do well. What about the Oracles super micro debt class and below?
- [114:45]
Host Rashad
See the Oracle thing is, is interesting because that, that's a. Did they overextend? Did they over leverage? Are they still making money? Yeah. Did they over leverage? We're going to see.
- [114:55]
Host Ian
Right.
- [114:55]
Host Rashad
Like we're seeing it now obviously with the debt default swaps. But there are companies inside of that AI space that have done well. Right. I keep. They keep putting Vertiv in. Vertiv is a prime example for sure.
- [115:07]
Host Ian
Yeah.
- [115:08]
Host Rashad
GV is a prime example. You wouldn't put Vertiv in your A list. But is it a remnant of the AI expanded your story? Absolutely right. That doesn't become what it is without having AI as a story. GEV doesn't become the energy company that is without AI having a story. Caterpillar for a company that we argue
- [115:26]
Host Ian
those are already quality companies prior to the.
- [115:30]
Host Rashad
But their growth story has changed since AI for sure.
- [115:32]
Host Ian
For sure.
- [115:33]
Host Rashad
Yeah.
- [115:33]
Host Ian
And I think a lot of the IPOs that are coming out like shield of course, open AI, databricks, poly market. Who else? Lovable.
- [115:43]
Host Rashad
We haven't even said anthropic.
- [115:45]
Host Ian
We just leave Anthropic Lambda. Yeah, Harvey. Like I think the, the AI 2.0 companies are going to be better quality but I think there's a lot of subpar companies that tried to repackage this AI adjacent that are going to get scrambled and then we're going to see a wave of IPOs 27 and 28 to offset it.
- [116:11]
Host Rashad
We skipped over anthropic. But anthropic is just like what they would cloud what Claude is doing. Like Clark. Hold.
- [116:20]
Host Ian
Game changer.
- [116:21]
Host Rashad
Yeah, Game changer. Say it again.
- [116:27]
Host Ian
And they doubled their revenue in a year.
- [116:29]
Host Rashad
Yeah, yeah, yeah. Another Dara.
- [116:35]
Host Ian
Oh for sure.
- [116:36]
Host Troy
Will we see a market rally or false hope headed into the springtime?
- [116:41]
Host Ian
I think we said Net Port rally. April is traditionally a good month. I think we'll hit some, some stumbling blocks, maybe July and August. But I think once we get some sort of settlement on this Iran issue, we'll be fine. We'll be off to the races. But some of these companies are at such a deep discount like Microsoft. Some of them are too attractive to not buy. Like some are sitting underneath a 200 day, some are above their 400amoving average. I think just from a price standpoint and just knowing what the returns could be, just getting back to previous all time highs, you're looking at 35% return, 40, 50% return. Just on the equity side. I think we're setting up for a rally.
- [117:29]
Host Rashad
Yeah. I would refer to that S&P 200 day moving average. That should tell us a story or give us some clarity on a story or where we're headed for the rest of the year. Yeah. If, if we get back above that 200. And it looks like we, we could. I know we're, we're trading negative right now after hours, but if we can get back over. Ian, I don't have my chart here. What, what, what's, what's the 200 day? It's like 66 something or 67. You have your chart right there?
- [118:00]
Host Ian
Yeah, let me pull it up.
- [118:02]
Host Rashad
Yeah, so when we have that number, I will circle that number and just watch. And if we get there and stay there, that, that would be a good sign that, you know, we could be headed into to a positive territory for the year.
- [118:12]
Host Ian
Yeah, I think as long as we, we stay above, like, where we're at now, 6617. And if we start to see signs of life above, like 66, 54, we'll be smooth. Last month, just from disparity, like in value perspective. I know for facts from the time, talking to people like, being down on the exchange and talking to people like, who trade at funds. One of the few technical indicators that retail has that they will use is the 200. It was a lot of buying last week. It was a lot. And when I talked to a few people, it was a lot of optimism about returns towards the end of year. I think we're definitely going to hit a rally point.
- [118:55]
Host Troy
I think it all depends on Trump, because if the economy is down, then technical analysis doesn't matter. And I feel like hopefully he does the right thing. I think, I think that he. I think he will. I think he'll do the right thing. But if, if he, if he.
- [119:14]
Host Ian
Why not to cut you off? But why do you think you will?
- [119:18]
Host Troy
Because he could ruin the world economy if he does it.
- [119:23]
Host Ian
Touche. So does he care, though, about running the world? I know he cares about ours, but you think he.
- [119:31]
Host Troy
Well, it depends. If the Greater North American Strategy is correct, then maybe this is all part of his grand master plan.
- [119:38]
Host Ian
You keep hinting at it. You want to talk about it now? You want to wait?
- [119:42]
Host Troy
The Greater North American Strategy. Well, the Greater North American Strategy is what some people think that this is all part of because, okay, he has captured, for all intents and purposes, Venezuela. Did you see that? He said that he's going to learn Spanish and run for president, for Venezuela.
- [119:59]
Host Ian
I just saw that. But before I came in, he's like, after this, I'm gonna go to Venezuela. I was like, bro, what?
- [120:05]
Host Troy
So he pretty much, he. He has control over Venezuela. They could do whatever they want. Their oil is theirs. The Panama Canal. We've already talked about that. That's another very important passageway. And he's pretty, he's already talked about that. He's talked about taking Greenland, he's talked about Canada putting pressure on them to try to get them to come under the flag. Mexico as well. So the Greater North American strategy is to say like everybody now is certified certifying their region. And that's why Russia really wanted Ukraine because of the natural resources. And it's like, okay, we really can't stop Russia and Ukraine. At some point China is going to take Taiwan. So in a world where there is no more globalism per se, if you can control just North America and Greater North America, which would be like Venezuela, if you could control from, if you could control from Greenland down to Venezuela, that would be enough to be self sufficient and that would be enough to not have to worry about anything else that's happening in the Middle east, anything like that. And then you actually become a dominant player on the world as far as the energy people have to buy from you. So some people think that he's collapsing the global economy as we know it to create a new global economy, to create a new alliance that we've never seen before. As far as what they call Greater North America stretching from Venezuela all the way up to Greenland.
- [121:52]
Host Ian
It's a theory though.
- [121:53]
Host Troy
That's a theory.
- [121:54]
Host Rashad
I got the polymarket odds of a deal happening tomorrow, what Baron say 2%.
- [122:04]
Host Troy
I don't think a deal is going to happen but I think they're going to push it down the road.
- [122:07]
Host Rashad
Yeah. Trump announces. So the prompt is Trump announces end of military operations against Iran by. So they have April 7th, April 15th, April 30th, May 31st, June 30th, June 30th has the highest probability at 72. May 31st at 60. April 30th, 34, the 15th, 14 and the 7th 2%.
- [122:30]
Host Troy
Yeah, well we'll see.
- [122:32]
Host Ian
Yeah. Because I mean he'll definitely say uncle by summertime.
- [122:36]
Host Rashad
Yo say uncle is so crazy.
- [122:42]
Host Ian
Uncle. You gonna play chicken long enough. If gas gets to $6, his approval ratings is at the lowest place has ever been, even amongst his base.
- [122:56]
Host Troy
Yeah, it is.
- [122:58]
Host Ian
Yeah.
- [122:59]
Host Troy
But who knows? We'll see. Yeah, we'll see what happens. Maybe Greater North America because everybody's already playing their greatest strategy. We talked about Russia taking back Soviet Union territory. We told, we know China has a, has a plan in place. Greater Israel, the Greater Israel project has been something that has been talked about so great in North America. Somebody said what's wrong with that? Well, the Only thing wrong with that is that you're taking sovereign countries under, under, under your flag. That one stipulation, it doesn't historically work out, but it's also, I mean every empire throughout history has expanded their borders. There hasn't been one prominent empire in world history that has not expanded their borders. So it's not. It might sound like a far reach, but I mean empires traditionally expand their borders by conquering other lands.
- [123:58]
Host Ian
And so are brics. Brics will speed up faster than ever. You think Pat Riley put that super team together in Miami back in the day. You pull this gna move, boy, it's gonna be one nation, 20v1 for sure. For every offensive strategy has a counter to it. And I don't know if he's planning these properly.
- [124:25]
Host Troy
All right, ladies and gentlemen, it's been real. We'll see you on Blackout 9 o' clock on Wednesday. We got Kendra G. Joining us. We got the brother Sean. On Thursday you get tickets to invest fest. Invest fest.com Friday. This Friday is the last day to enter the pitch competition. This Friday the last day to enter the pitch competition for Invest Fest. All you need is a ticket and then fill out, fill out the application online. But Friday, April 10th is the last day for the pitch competition. 125, 000 last year two people won. 250, 000.
- [125:03]
Host Ian
So what kind of business do you think could win? Let's give them an edge. If they apply tonight, what kind of business should they be trying to create? I know tech related but what do you think would give them a easy chance of winning and capturing the money?
- [125:20]
Host Troy
Something that's scalable. So for instance, if somebody comes out with like, okay, what's not scalable? Right. What traditionally would not be scalable? Something that is very limited in the reach and only affects a very small amount of the population. What would be scalable is something that affects a large. And you know, it's only things that you think about. We interviewed the, the squire. These guys got a billion dollar valuation from and then even the Cut I saw my son was using the Cut app. Little things like that, like, you know, people been going to barbershop for years. Who, who really would have thought that you could revolutionize barbershops by actually making it where you could just book a barber online and, and not have to worry about waiting three hours on a Sunday.
- [126:12]
Host Ian
Makes it easier. Yeah.
- [126:14]
Host Troy
So scalable models, something that's scalable, that's effect, that can, that can reach a lot of people, that can affect a lot of people in a relatively quick manner. It doesn't have to be something that's like neuroscience related. Like I said, it could be something just as simple as a barbershop app, but that's scalable because there's millions of barbershops and there's million. Everybody needs to get their hair cut. So think when you're thinking of your business to submit. That's something that I would think about.
- [126:40]
Host Rashad
Yeah, I would add to that. And scalability is important, especially in the, in the age of AI and obviously we said tech feature, but if you can create something that makes things more efficient and more convenient, those are the two things that people want, convenience and efficiency. So cut is a prime example of that. Right. Like we know the barbershop experience. How do we make it more convenient and how we make this more efficient. We'll create something that we can schedule and we can come in and be on point and helps everybody out. So if you have a business, think about that. Can it scale? Is it. Does it make life more convenient and does it make somebody's life more efficient? Those are the type of businesses that are going to thrive. And you have AI as a tool that can help you along with that process.
- [127:24]
Host Ian
So I would definitely recommend that and use AI to write the application too. Some of y' all do everything. Everything. The systems have a full running business
- [127:35]
Host Troy
and you get the picture, as a fact. And all you entrepreneurs, I don't. You got to get a booth at Invest Fest. If you're really trying to reach 20,000 people over the course of the, you know, week and every day, like, I feel like business is only going to get harder. It's getting harder and harder and harder out entrepreneurs. But it's not any easier for employees. So it's not like if you quit your business, you're just going to go back to making $100,000 in a 9 to 5 job. That's not.
- [127:59]
Host Ian
They're not hiring.
- [128:01]
Host Rashad
Yeah.
- [128:02]
Host Troy
So get your vendor booth. That's important. All right.
- [128:07]
Host Ian
And use Claude to build your plan to have the best interactive experience, to have a good customer acquisition strategy. And not just standing, because that's a part of it too. You have to plan. Like when I'm like, okay, I'm on stage, I'll plan this out for six months. Some people say it's successive. It's like the results are there. Like the people who dominate even in the booth space, they've planned out how they're going to engage to get people to come there. So use Claude for all of that. Start planning that now. Don't wait till two weeks before and figure out how you're gonna get people
- [128:40]
Host Rashad
to go to your booth, clock, code, Claude, presentation. Everything is there for you.
- [128:45]
Host Troy
That's a fact. All right, y'. All, see you Wednesday. Peace.
- [128:51]
Host Ian
And we're gonna do.
- [128:58]
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