MM #281: AWS OUTAGE Shuts Down the World! 💼 Real Estate Secrets, Bitcoin’s Next Historic Run & Gold on Fire

Summary

Market Mondays Episode #281 Summary

Title: AWS OUTAGE Shuts Down the World! 💼 Real Estate Secrets, Bitcoin’s Next Historic Run & Gold on Fire
Date: October 21, 2025
Hosts: Rashad, Keys, Ian Dunlap (EYL Network)

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Episode Overview

This episode of Market Mondays, hosted by Earn Your Leisure and investor Ian Dunlap, dives deep into surviving and thriving in turbulent financial markets, with special focus on:

• Navigating real estate nightmares and construction pitfalls
• The ramifications of the AWS outage and tech infrastructure vulnerabilities
• Predictions for Bitcoin and gold, both at the center of global financial shifts
• Stock and ETF picks, and analysis of tech giants’ latest moves
• Live Q&A and practical wealth-building advice, keeping it candid and community-focused

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Key Discussion Points & Insights

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1. Real Estate Revelations: Construction Pitfalls and Surviving the Process

[11:04–25:15]

• Homebuilding Headaches:

  • Rashad and Keys share painfully honest stories about building their homes, detailing contractor mark-ups, the necessity of vetting receipts, and learning the ropes of being your own general contractor.

    “Highly don’t suggest it to anybody. Highly unsuggestable.” — Keys [11:12]

  • Warns that contractors often mark up materials (e.g., buying for $17k, charging $25k for flooring), and stresses verifying every receipt.

• Insider Tactics:

  • Build relationships with trustworthy contractors; insist on transparency regarding discounts and taxes.
  • Use “Pro Extra” accounts at big stores to access discounts directly as a consumer.

    “I have a Pro account... I don’t actually need the contractor. I can purchase this on my own.” — Rashad [15:34]

• Construction Loans Caution:

  • Construction loans require you to spend up front, often less than actual costs, causing major cash flow issues.
  • Always have rock-solid contracts reviewed by attorneys. Make sure you retain the right to switch contractors and to 1099 independent workers, gaining tax benefits.

• Emotional Toll:

  • Both stress the mental strain—insomnia, stress, and surprisingly, the bond it can build between spouses.

    “If you can build something together with your spouse... you’re gonna be together forever, bro.” — Rashad [16:23]

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2. AWS Outage: The World’s Digital Achilles Heel

[25:16–36:46]

• Outage Impact:

  • The AWS meltdown crippled major platforms (Coinbase, Robinhood, Zoom, Canva, McDonald's payments, more)—exposing just how dependent the world is on Amazon’s infrastructure.

    “You pull AWS out, it’s like a house of cards.” — Keys [25:41]

• Security & National Risk:

  • Ian links the outage to greater national security risks and emphasizes that “war” with China will be technological and waged via cyber/infrastructure vulnerabilities.

    “...We’re in an all out war with China and they want to kill us. And we can’t have missteps like this...” — Ian [27:41]

• Competition & Market Structure:

  • Other cloud providers (Microsoft Azure, Google Cloud, Oracle) strive to diversify the field—but AWS still maintains ~40% market share.
  • Oracle’s contracts with OpenAI, TikTok, etc., signal shifting market dynamics.

    “Only a few companies are going to be able to do it... which is why that growth happens.” — Rashad [31:02]

• Tech Monopoly Concerns:

  • Conversation on how tech concentration leads to vulnerability and the potential for “six or seven companies” dominating the global economy for decades.

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3. Bitcoin’s Bull Run and Flying Gold: Prediction and Principle

[36:46–51:28]

• Tom Lee’s Bitcoin Prediction:

  • Guest Tom Lee bullishly projects Bitcoin to $250K by year-end (from $110K). Hosts are skeptical but break down the data:

    “That is very lofty... Based on history... I can see [Bitcoin at] 140K–150K, not 250K.” — Rashad [38:23]

• Investment Mindset:

  • Keep a long-term view on Bitcoin—recent halvings show after-cycle surges, but don’t get greedy for quick flips.

    “If you really believe in bitcoin...you just gotta hold it long-term.” — Keys [42:51]

• Gold’s Relentless Climb:

  • Gold reaches all-time highs (~$4,380+), with Novogratz predicting $10K in the future.
  • Government spending, inflation, and currency devaluation signal even more value piling into gold and Bitcoin.

    “Gold has been used as currency... it's outlived every form of currency ever.” — Keys [56:38]

  • Investment tip: Gold should be 10–20% of the portfolio, but wait for modest pullbacks to add.

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4. Tech Check: Apple, AMD, Microsoft, TSM & More

[59:54–79:32]

• Apple:

  • Hits all-time highs, remains resilient thanks to iPhone 17, expanding into streaming and F1 sports deals.

    “I gotta give them credit for being resilient... challenges still there, but holding paid off.” — Ian [62:53]

• AMD & AI Chip Wars:

  • AMD surges on continued AI and chip demand; Lisa Su’s strategic alliances with TSMC and Oracle have bolstered position as market’s #2.

    “AMD tightening up their relationship with Washington has helped them tremendously.” — Ian [67:51]

• Microsoft:

  • Near all-time highs; OpenAI partnership called “one of the greatest investments of all time.”
  • Diversification into energy (Constellation) and cloud signals forward-thinking leadership.

• TSMC & Semiconductor Leadership:

  • TSMC and ASML identified as foundational to both U.S. national security and the global AI race.

    “TSMC is the core of the AI economy. Nvidia doesn’t manufacture its chips—that’s what TSMC does.” — Rashad [75:31]

• Investment Lessons:

  • Only a few stocks are “worth putting money into.” Emphasis on knowing when to exit, research partnerships, and avoiding the “clearance rack” approach to stock picking.

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5. Global Strategy: Geopolitics, Data, and Wealth Mobility

[83:29–98:46]

• Nvidia’s China Dilemma:

  • Nvidia now has zero market share in China due to political and regulatory pressure, yet stock remains buoyant due to insatiable demand elsewhere and strategic UAE alliances.

• Global Wealth Landscape:

  • America innovates, Middle East invests, China copies, Europe regulates, Africa endures.

    “America innovates, the Middle east invests, China copies, and Europe regulates, and Africa just gets plunged.” — Keys [92:28]

• Advice:

  • The tech and asset booms have mostly benefited those already holding investments, while most Americans are priced out. “Investor or die”—passive “cash is trash” era is over.

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6. Wealth Building & ETF/Stock Picks

[96:05–100:17]

• ETF Picks:

  • Only need a few: VTI, VGT, QQQ, SMH, with sector-exposure via XLU (utilities), XLY (consumer discretionary), and FDN (internet).

    “You don’t need five. Ideally 2—2 tech, 2 index.” — Ian [96:12]

• General Advice:

  • “Keep your monthly expenses low. Avoid large purchases. Invest when you see opportunity to invest.” — Keys [111:12]

• Q&A:

  • Emphasis on discipline, long-term planning, and focusing only on top-tier opportunities:

    “Only the quality assets are supposed to [give outsize returns].” — Ian [54:10]

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Notable Quotes & Memorable Moments

• “At every layer of business, you have to know the business or somebody’s going to take advantage of you.” — Ian [23:28]
• “The market is rigged to permanently stay up.” — Ian [57:56]
• “Freedom looks better than anything you’ll post in them carousels... The goal is to be free, not to look free.” — Ian [103:48]
• “This is not party time. It's time to lock in...It’s investor die.” — Ian [120:15]
• “If you want to get rich in the market and want to know how to navigate all the smoke that we're going through... go to ianinvest.com.” — Ian [07:48]

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Timestamps for Key Segments

• Real Estate Secrets & Pain: [11:04–25:15]
• AWS Outage & Tech Vulnerabilities: [25:16–36:46]
• Bitcoin and Gold Predictions: [36:46–51:28]
• Tech Stock Analysis (Apple, AMD, TSM, etc.): [59:54–79:32]
• Global Wealth, Nvidia, Geopolitics: [83:29–98:46]
• ETF/Stock Picks & Wealth Building: [96:05–100:17]

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Investment Principles Summed Up

• Be vigilant: Know every detail in contracts—real estate, business, or stocks.
• Hold quality assets: Focus on the few that drive market growth and global innovation.
• Diversify wisely: Stick to core ETFs and avoid overcomplicating portfolios.
• Stay in the game: Consistent investing and reinvesting trumps panic or “triple condom” over-protection.
• Adopt a global mindset: Trends, innovation, and competition are borderless—and so should your thinking.

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Community Mantra:
“Share the research. Let’s build community. Let’s build our broker accounts. Let’s win.” — Rashad [09:01]

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Transcript

[Rashad]

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[Ian]

Happy Monday.

[Rashad]

That's a fact man Shout out to the 916 they in the building. That's Cali. 909 they in the building that's fire. Also Cali. I think that's 916 is Sacramento. Correct me if I'm wrong, Mr. Monty. That's what Google said. 909. San Bernardino, la region. What's good with y'? All?

[Keys]

That's the IE Roxbury.

[Rashad]

Yeah, yeah, yeah. Shout out to. To Massachusetts. I won't say the city's name. I'm just a die hard Yankee fan, so, you know, we're just not gonna do that. But all love. All love to you up there. Happy Monday, y'.

[Keys]

All.

[Rashad]

Welcome back, welcome back. And how you feeling, my brother?

[Ian]

Amazing. I would not want to be Jesse today. Thank y' all for being here.

[Rashad]

Boy. Don't shut down the world shoddy. How we feeling?

[Keys]

Feel good, man. What's up? What's up with y' all out there? Y' all good?

[Rashad]

It's a. It's a blessed Monday. I know it was a big Monday weekend in Atlanta. Shout out to all the Morehouse grass. Shout out to all the Spelman grass. I think it was day homecoming out there.

[Ian]

Yeah.

[Rashad]

Yeah, man. Happy birthday. Happy birthday. Orders for Jesse. Happy birthday. She shared another one. And congrats. Huge congrats to our brother mg the mortgage guy on his brand new blessing.

[Ian]

Yeah, it's beautiful.

[Rashad]

Mom and dad are both healthy and safe. Baby girl is here, so congrats to him, man. Looking like her pops already. Oh, man. I'm praying some sleep, some rest for you.

[Ian]

Oh, boy.

[Rashad]

We all remember that journey, man. And you are blessed to have it. Go do it again. Shout out to you, my brother.

[Keys]

Gang. Gang. Yeah, man. Shout out to D.C. we're gonna be out there this weekend, but Ewild University. How we're homecoming. We will be in the building.

[Ian]

Oh, it's gonna be a time. Perhaps.

[Keys]

Perhaps how we're homecoming. We will be in the building. Ey. University meet up. Shout out to the dmv. Shout out to Montgomery County. Shout out to PG County, District of Columbia, Northern Virginia. You know, I used to live in Maryland, so I was in Club Love and H2O and man, these. These. DC is a good time. It's always been a good time in dc. Always been a good time.

[Ian]

City Blackout.

[Rashad]

City.

[Keys]

Top five for sure.

[Ian]

Top three.

[Rashad]

Perhaps. Perhaps.

[Keys]

All right. Yeah. Shout out to DC Man.

[Rashad]

Yeah.

[Keys]

This. This week we got blackout. We got a lot to talk about on blackout.

[Ian]

A lot to talk about. Yep.

[Keys]

It's been a lot going on. We got a lot to talk about on blackout. And then we will have earn your leisure. We got a special episode with my guy Robert from Shark Tank.

[Ian]

Oh, that's fine.

[Keys]

We're still. It's all. It's Only one shark that we haven't spoken to yet. But we. We're closely closing out the. The Shark Tank loop. So shout out to Robert. You know, we did that interview live in Las Vegas as part of the Shark Tank Clover convention that they had.

[Rashad]

Yep, yep.

[Keys]

We're gonna air that on, on Thursday, six o' clock on Thursday. Make sure, you know, check it out.

[Rashad]

Yeah, that was a good one. That was a good one. Sometimes you sit in an interview and obviously you ask some questions, but sometimes the answers are so profound that you catch yourself, like, making mental notes and even sometimes writing notes like, damn, that's a bar. That's something right there. And that was definitely one of them dope experiences. Like you said, we. We're knocking down pretty much all of the sharks to the point where it's like, yo, you know, we might have to be guest hosts on the show. You never know.

[Ian]

You never know. Stranger things are happening. Yeah. And Rob's a great entrepreneur. Humble bunch of wisdom. Please tune in to the episode. That's going to be a really good one.

[Keys]

Yeah, Mr. Wonderful. That's the only one that we haven't spoken to yet. We spoke to Damon John. We spoke to Mark Cuban twice. Just did Robert. We spoke with. Who else?

[Ian]

Barbara.

[Keys]

Shout out to Barbara. So, yeah.

[Ian]

Yes, Loriannon. And.

[Keys]

Yeah, Lori.

[Rashad]

And Lori and Mr. Wonderful. Yep. Two left. Two left.

[Ian]

Track record, though.

[Keys]

Could be worse. I mean.

[Rashad]

Yeah, it could be worse.

[Keys]

Yeah, for sure. Ian, any announcements?

[Ian]

Yeah. Stock club call will be this Sunday at 5pm Central. I may have a special guest there by the name of T. Roy Millings. So I'll see you Sunday at 5pm Bloomberg. Nicole, get your questions ready for me. We will be covering futures, a part three of that series, and. And what else? Dubai. See you soon.

[Keys]

And.

[Ian]

Habibi. And if. If you want to get rich in the market and want to know how to navigate all the smoke that we're going through, go to ian invest.com. if you want to know where to get in, where to get out, a bunch of them prices were hidden last week. If you want to know where to get in, where to get out, the three best places to get in for every stock that you love and that will make you money, go to innovest.com and if I made you money, please put yes in chat. Let's have an amazing show.

[Rashad]

Yeah, man, let's do that. I'm excited. I'm excited to. To join the call. I think this is a perfect combination. Like I said, market money is obviously the best investment Show. But these, like these. These classes, these calls, they'd be so. Like, the last time we did it, it was. I mean, the return was ridiculous. So I'm looking forward to it this weekend.

[Ian]

Yeah, it's gonna be a good time.

[Rashad]

Yes, sir. Yes, sir. All right, y' all know how this works, man. This is our disclaimer. Do your own research. Please, please, please, please. Our content is intended to be used and must be used for informational purposes only. It is 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 otherwise.

[Ian]

You.

[Rashad]

Y' all know how this works. This message is brought to you by the good brothers that earn your leisure and the good brother, Ian Dunlap, the master investor himself, should the research continue to share the research. Let's build community. Let's build our broker accounts. Let's win.

[Ian]

Yeah.

[Rashad]

We only got a few years left, for sure.

[Ian]

Announcement. Magic said three stock club, 15 months. Things are about to get really tricky.

[Rashad]

We better win now.

[Ian]

Yeah. Yep.

[Keys]

Yeah. For sure. Murky waters, man. Salute to Charlemagne, too. We're gonna be talking about that on. On Blackout. But I watched that interview with Gucci, man. That was a very good interview.

[Rashad]

Oh, that was dope. That was dope.

[Keys]

I watched. I watched.

[Rashad]

He sat down with big facts. No, I'm sorry. This weekend, he was actually in Alabama. He sat down with Kamala.

[Keys]

Yeah. Salute. Salute to Charlemagne, the whole Breakfast Club. But yeah, Shout out to Gucci, man. Shout out to his wife. That was a very good, very good interview. Very. I highly suggest. Highly suggested. What we're going to. Like I said, we're gonna talk about On Blackout.

[Rashad]

Honesty, authenticity, vulnerability. All that. Shout out to Goof. Go out. That was. That was dope. That's gross. That's the evolution. When we talk about our artists and like some of our legends, to know where they came from, to watch them evolve, to mature. Love it. Love it.

[Ian]

And amazing to have a person in your corner who's your eyes and good counsel and guiding you what you should and should not do. I know he didn't listen, but even the offer. That's beautiful. Beautiful. She. She deserves a lot of credit for help turning this life around.

[Rashad]

Oh, man. I mean, you get you a good Jamaican woman.

[Ian]

That could happen. Line it up. Back of my old bag. Light it up. My boy wagon.

[Rashad]

Let's get the gunshots going. Let's do this.

[Keys]

All right, so let's, let's talk about it. All right. There's a lot going on, but first I want to start, let's start with some real estate. We haven't spoke about real estate in a while, so I do want to talk about real estate. So. Okay. Real estate chronicles. You know, if you've been following the journey as far as been pretty transparent about this real estate debacle that I got myself into a few years ago as far as building a home, highly, don't suggest it to anybody. Highly unadjust, unsuggestible. But it's a learning process for sure. So one thing that I actually did learn that I think I was talking to Troy about it, I think is helpful to actually share the information is that. So a lot of times what contractors do is that they, they, they make money on a few different ways, but they make money on the markup of things. So it's like if you're buying flooring, right, let's say hypothetically the flooring cost 20, $20,000. And well, they get discounts and depending on how much stuff that they buy, they get a discount. They get tax free stuff like that. So they might, it might actually cost 20, but they might actually get it for let's say 17.

[Ian]

Yep.

[Keys]

But they'll charge you 25. So they actually make it almost because who's really going to check every single thing to see. And it's not, it's not too far from the actual truth. So it's not like they charging you 60,000 where you're going to actually investigate it. Right. They, they charge you, they charge you 25. You're like, all right, even if they got, you know, with taxes, but you don't know if they actually got discounted, not even paying taxes. So they actually making almost an eight thousand dollar spread on that.

[Ian]

A small vic, but it's a vic nonetheless.

[Keys]

Adds up though.

[Ian]

It adds up over here.

[Keys]

Yep, adds up. So one of the things that I always, like I said I was talking to him about it, what I do, you know, I got a contractor that I've developed a relationship with, good Palestinian brother. And I appreciate him because what he, what it's kind of annoying at first, but it's kind of fire because I'm, I've turned into like the leg man on like I'm going with him every single wear to buy it. But I appreciate it because I'm seeing in real time he's showing me like, all right, this is the discount. And like, I just paid with your credit card, so he's not getting any markup on it. Like I said, it's a little annoying because I gotta. I've turned into a general contractor. Like, I'm literally driving 45 minutes on a Saturday to go to Flooring and Decor in Connecticut. But I'm seeing now I'm like, oh, wow, I didn't even know that they didn't have to pay taxes. I didn't know that. So I'm like, well, that's actually pretty, pretty insightful. So I would highly recommend if you're building a home or if you're, if you're dealing with a general contractor, if they're not, if they're not going to take that route and you're actually not going to go there. Which. Show the receipt before reimbursement. Show the receipt. Because the just trust me game. And like I said, it adds up. 8,000 here, 7,000 here, 4,000 here.

[Ian]

Before you know it, they put their kids in college.

[Keys]

100%.

[Ian]

A hundred percent, yeah, 100.

[Rashad]

It's filthy work. And I think one of the, the, the beautiful things is that, like the things that he's, he's dealing with now, I've kind of dealt with it as well, just in like, in my own way. Right. And so what I actually did. This is interesting too, and I'm sure there's plenty of people out here. I just went to Home Depot because that's literally what happened. Not his contractor, although I have worked with him. Another contractor actually uses discount for my Windows. And if, you know windows, they could be extremely pricey and they can get delayed. And when he ordered it, he left his order number. So I, when I went back to return it, I actually saw the order number. I was like, yo, that's a difference of at least $12,000.

[Keys]

He charged you 12,000 more.

[Ian]

More, right.

[Rashad]

So when I had to get reimbursed, I said, well, how is he getting a discount? And so went to Home Depot and they said, if you spend over a certain amount, you technically can be a Pro Extra part of the Pro Extra loyalty program. So if you spend over a certain amount every year, then you can get that. And so now I have a Pro account. And so I don't actually need the, the contractor. I can go purchase this on my own, right. With the use of AI and figure out what I need specifically for my home.

[Ian]

Right?

[Rashad]

So if it was flooring or if it was Windows or if it was Sheetrock, I can actually go get that on my own. Right. So then he doesn't even have to do the discount thing. So like, that is one thing that, that you learn during this process is that you go into it thinking that you're a home buyer and you slowly start realizing that you're a general contractor, you're an interior designer, you're like electrician, you're a plumber. You're doing all these things because you're watching everybody, because every person that's there is getting paid and it's your money that's paying for it. And so there's a different level of attention that you're going to pay to it. But I, I, and we had this conversation yesterday in the driveway and I'm like, it's a tedious journey, it's a very difficult journey. And everybody says it'll all be worth.

[Ian]

It in the end.

[Rashad]

So I'm closer to the end in the beginning. And I will say this, it's not for the faint of heart, but there is beauty in building something, especially when you're building it together. So like my wife and I, we literally have done this together. If you can build something together with your spouse like you, they say you're going to be together forever, bro. Like, this is a forever house type situation. What I've learned about myself and what I've learned about her during this process. Priceless.

[Ian]

Yeah.

[Rashad]

Through all the headaches, priceless.

[Keys]

But then also, yeah, you could establish your own, but sometimes it's going to take you a while to actually get more of it. Because like anything, the more you spend, the more of a discount you get. So it's like just starting out, you might have to spend, let's say $400,000 to get an extra 5%, but that 5% adds up. So take that into consideration too. If like me, I don't plan on ever doing this again. So that's why I would rather use my constructors discount. Because he spends so much money that he, he's going to get a benefit that if I'm just starting out, that I won't get. But I will tell you too, also with the construction loan, this is some information. You got to be careful with these construction loans because what they do is you got to spend the money first before they reimburse you. That may sound pretty easy to understand, but most of the time if you're going into it, you never had it. You're not really thinking about that before. At least I wasn't when I had a construction loan. I'm thinking if I get a construction loan. What that means is that when I need money, they're going to give it to me so I could build the home. But you learn quickly that a, it takes time to get the money. Put it like this, you got to have the money first. And they're not going to give you enough money than what you spent. So if the floor costs, let's say realistically in the real world, 40,000 for floor flooring, they'll set a budget for 15,000. So they're not going to give you like. Exactly. That's why going to China was helpful and beneficial. But man, that's something that you really got to think about too with these construction loans. Once again, this is why the home buyers blueprint, which is an ey university shout out to Matt. So because there's no education, like for me, like I said, dumbass decision. I've already spent probably $2 million cash. Literally $2 million in cash. That's a dumbass decision.

[Rashad]

Okay.

[Ian]

You were uninformed at the time.

[Rashad]

I'll be honest with you. There's no way to be informed, like literally, like this is. There's no way. And I, I'll give this last piece of advice, right. Number one, after had this conversation with him, make sure you document everything. Make sure you keep every receipt for everything. Also, and this is probably the thing that has saved me the most is that I drew up a contract with the original contractor saying that I could work with any contractor that I want to. Right. And that was vitally important. Right. Because that says that whoever. If I don't like the service that you're providing. Right. I can go elsewhere and seek the service. Here's how that's helped me a couple of ways. Number one, his. I mean, we'll leave some of that. The details of how this contract has played out throughout the course of this home building process. But it also allowed me to hire other contractors and 1099 them. Right. They were independent contractors because they were not my primary contractor. Even though he was terrible throughout the entire process, I never fired him.

[Ian]

Yeah.

[Rashad]

So technically he's still on the insurance for the home. Everybody else that I hired is now 1099. Right. So if I paid them out of my business, it's a 1099 contractor now it's a. I can save on my taxes. So that actually helped me. So if you're going to go into this process like I said you could, and the Home Buyers Blue plan is a great place, you're gonna have to learn things as you go you're gonna.

[Ian]

Have to be patient.

[Rashad]

You're gonna have to be diligent. Right. Because no one has your best interest except you.

[Ian]

Yep.

[Rashad]

You got to keep that in mind. Like, this is. Like this is an investment. Obviously, it's an investment for how he said how he felt about his investment. I appreciate how I felt about mine. But it's still a learning process. And so the knowledge that we're getting the information that we get and we get to give back, man. So if we can help throughout this process, at any point, you know, we're going to make sure we do that. So those are some little.

[Keys]

But you can 1099 your contractor too, though, because I 1099, that's another thing. This is some other information for you. When I fired my contract, the first one, I hired a new contractor, but I have my lawyer draw up a contract. Always have your lawyer drop a contract, even if they have a contract. Never give it to your lawyer and go through it and put things that you want into it. Don't just sign something because it's a standard agreement. And so, long story short, I 1099 my guy as well. But you could. It's all negotiable. Whatever you. Whatever. That's the thing you. It's all negotiable as far as how you handle in the business. But make sure you got a good lawyer. That was another thing. A lot of this would have been avoided if a lawyer was actually know. You got to have good lawyers. Vitally important closing attorneys, man. Shout out to Andre from Chicago. I see him in the chat, man. He's. He knows all about. He's a real estate expert, man. But I don't want to spend too much time on it. But it's something that's vitally important as far as real estate because you end up spending a lot of money. And you gotta know what you're doing because if not, if you don't know what you're getting yourself into, because, you know, this actually caused me to have insomnia. I had insomnia for eight months because it is like I was trying to. I was. I was ready to hurt somebody. Like, you know, I mean, like, you spend $2 million, you. You contemplate hurting somebody if things don't go the way that you want it to go. So it's a real situation, and nobody ever preps you for that. And you don't. You don't fully know until you get into it. So that's why I'm very cautious to tell people about it. By home. I'm not anti buying a home. I, I just want you to buy a home intelligently because if not, it's going to lead you down a rabbit hole that you really can't get yourself out of. And it's going, it's going to be like a very stressful situation.

[Ian]

And make sure that the materials you paying for go in your house.

[Keys]

Because.

[Ian]

They'Ll take that marble and go charge up the street and get double. Hey, be careful.

[Rashad]

I'm gonna tell you, I'm gonna tell you how foul. Let's do this, bro. So allegedly, allegedly. How foul? In the contract he said he put in, in the fine writing, right? I looked at it after anything that he over orders, right, Belongs to him, right? So I'll give you a prime example here. All the insulation for the house is for the first two floors. I came home one day, I'm like, oh, that's a lot of insulation I'm using for my basement. He's like, no, that belongs to me. I'm like, no, no, who ordered this? And he's like, oh no, we ordered it. I'm like, we ordered it. Like with my money, we ordered it. He's like, yeah, it's in your contract.

[Ian]

If we don't use it, that's the record business. Model your assets and take them over.

[Rashad]

Yo, the man has a stash house. So he puts all the extras in the stash house. The next house that he builds, he's going to charge you for it. Take what he's over ordered for me, overcharge you and use the, the leftovers. It's a filthy game, man. But you got like you said, have good counsel and redefine the fine print, man.

[Ian]

And this is a good lesson too. At every layer of business, you have to know the business or somebody's going to take advantage of you.

[Keys]

And the last thing I'll say about this is you got to have somebody if you married, you gotta one person has to be dedicated to handling. There's so much paperwork. You got to talk to the town, you got to file the licensing, you got to get the electric, you got to get water. You got like is. Is almost impossible. That's nothing that you don't fully understand. It's almost impossible to do it by yourself. So you got to have one person that's fully dedicated to that. Like I said, if you married, then that's, that's helpful because one person can, can really do that if you're not married. Highly suggest that you got an assistant. You got to have somebody. So kudos to my sister. She's the one that's been actually helping me. And yeah, it's like I said, for me, it's kind of actually fire in that standpoint because I get to do everything I want to do without having to consult anybody. So at least if I'm gonna go through all of the. At least, at least I can do things the way I want to do it.

[Ian]

Yeah.

[Keys]

Because that would be even more headaches if I had to. Or, or ask for permission or something. Or.

[Rashad]

It could be beautiful, nice. It's real. That's why I said it. You, you definitely need someone. And that's the part that nobody sees. And we'll, we'll move on into like the. Everything with everybody, but this is the part nobody sees. Like, that's a full time job market money's full time job earning, leisure, full time job blackout, full time. All those things are part of it. But that's just like a, a look into inside of some of the things that's going on. Like, I watched him go to town hall. He's there till 11pm on a Wednesday night. I was just in town hall last Wednesday. I'm there to 12 midnight just to get a, like an approval to say like, yo, you can pay your driveway. Like just, just the nonsense. And one day, one day soon. Because I'm optimistic when y' all see it, you'll be like, damn, y' all really did it.

[Ian]

Yeah.

[Keys]

All right.

[Ian]

Speaking of dumbass decision, can we talk about AWS's failure today?

[Keys]

AWS had an epic failure meltdown which caused a lot of apps. Coinbase, Robinhood as one of them brokerages. Even what we're using now had issues earlier today as far as. Yeah, so many different platforms and you put a post up, it said like, as far as all of the Internet is built on the foundation of aws. You pull AWS out, it's like a house of cards.

[Ian]

Yeah.

[Keys]

And XLE had a good post where she talked about how this actually happened. And she was saying like, it wasn't a cyber attack. It wasn't a. It was just a random situation that happened in a warehouse in Virginia. And one thing like that caused a worldwide disruption. So what does that mean for the future infrastructure of the Internet?

[Ian]

I think we need deeper investment. We were talking earlier, but I think the war between us and China is not going to be a boots on the ground. It's going to be situations like these. The conspiracy theorist in me has some thoughts, but I'll save them for Private conversation. But I think leadership has to step in, do a better job. And I think there's. Not only is the security thing an issue there, companies don't have enough capital to develop their own cloud, but it's needed. YouTube stayed afloat because they have their own infrastructure and their own cloud services. But the great part in having a partner like Amazon or AWS is that you don't have to build. But when you have moments like these that are down. And I don't believe in random coincidences, I do believe in Murphy's Law, but I don't think this is random. When you look at some of the companies as far as Coinbase, we will. Robin Hood, Canva was down. Of course Amazon stock won't be affected because it's different than CrowdStrike. This is only like 20% of their revenue. But one of the biggest issues that we have in America digitally and physically are infrastructure issues. The AI race is incredibly important. The data center race is incredibly important. But if we don't have the infrastructure. Right. None of it means anything. And thank God it wasn't a cyber attack or a physical attack. But I think as big as Amazon is, they are going to have to do a lot better at protecting this infrastructure because at the time that we're in now, no one wants to say it, but we're in an all out war with China and they want to kill us. And we can't have missteps like this because it's showing weakness which will allow them to attack at a later time.

[Keys]

They don't literally want to kill us. No, figuratively.

[Ian]

Figuratively, thank you. Theoretical sense of the word.

[Rashad]

Thank you.

[Keys]

Competition kills.

[Ian]

Yes.

[Rashad]

Yeah. Not physical kill, not physically like Mortal Kombat type.

[Ian]

It's a thousand ways to kill an opponent though.

[Keys]

That's what Jay said earlier. He said kill nothing. Kill while you breathing. Now you're saying something.

[Ian]

Yes.

[Rashad]

Yeah. I, I think what we could take from it is, and this is interesting. Yeah, I know people immediately thought CrowdStrike because of what we saw in 2023 when CrowdStrike had a glitch and all the airlines were affected and there was a huge uproar. And this felt similar. I mean you talk about United Airlines, T Mobile was down, Starbucks, McDonald's, Venmo. You have payment processes. What it did tell you is this is what Amazon does. So like we, we know it hasn't. It does E commerce and that's what we're going to get next day delivery. AWS is his own business in itself. And when we talk about cloud service, like that's the importance of it. Like today was the importance of it, right? If you were trying to do something and it was good, that's because 43% of the world's cloud service comes from this company. So that's what Amazon does. Somebody asks who are the others want? We talked about this and this is part of that Oracle story and why Oracle is super important. The number two, one is Microsoft Azure, right, talking about cloud service. And then number three is Google Cloud. When we talk about YouTube not falling down, it's because, yeah, Google has its own cloud server now. Some companies use multiple cloud servers just in the event of something like this. So when you look like a zoom, right? They had their number one server was aws, but number two was Oracle. And we've been talking about Oracle coming into this cloud service space. Yeah, they were small, but they're signing on with the right contracts. They got OpenAI, they got TikTok. So that 2% now has turned into 3%. When we talk about Capex spend and they're trying to build out this infrastructure, this is what they're talking about. They want to get to at least a 4 or 5% market share. So we have seen AWS pull back down. I remember there was maybe in 2021 it was at 45%, 46 now seen it around 41. So there are some cracks in that space. But this takes a lot of money, like to have servers takes a lot of capital. It's. It's so much capital that only a few companies are going to be able to do it, Oracle being one of them, which is why they're newer to it, but there's space for them to grow inside of it. Which is why we saw that huge markup when they reported their earnings, because they said, hey, that data center growth plus their cloud service business, they're getting clients on board. This is why that growth happens. So when you see aws, it shows you the importance of it. This is not this story. The cloud is not going. We're going to actually need more and more and more as more artificial intelligence, more large language learning, more robotics, more gentic. The more that happens, the more cloud service we're going to need.

[Ian]

But better infrastructure.

[Rashad]

That's what they have to build, right?

[Ian]

Infrastructure.

[Rashad]

And then we have to figure out once we have that, how do we power it.

[Keys]

But then also it's a thing of okay, the stock wasn't impacted by it negatively. Why, why was that?

[Ian]

I think because the hedging people forget that Bezos was a banker and hedge fund guy first. So it's not their entire business. The difference is when this happened with Crowdstrike this is the business.

[Rashad]

Correct.

[Ian]

Now for example if Amazon start delivering delivering packages six days instead of two we would have seen a downturn. But because this is a small part of their empire it didn't have a great impact. But I'm really big on the first time you see a chink in the armor start to fix it. I know some of you don't want to hear this but in this international war that we're in they have their eyes on how to take advantage of that issue in Virginia. You have to be mindful I only.

[Rashad]

Will take out the word a small part of business. It is a big part of their business. But here I have this cat this like circular model of of Amazon. Check out the number of businesses Amazon Healthcare they have the Amazon Fulfillment, Amazon Robotics, Alexa Amazon Fire AWS obviously Amazon Music, Whole Foods, Amazon Prime, Amazon Studios Twitch Amazon Payments. So like yes part of the the ecosystem not the entire ecosystem. I think that I'm glad you point that out Ian Crowdstrike that is actually what they do. Yeah this is one of the things that Amazon does.

[Keys]

Then also what does it say for the world that we live in when if you one thing can disrupt so much as far as money, as far as how we communicate on Zoom as far as payment processing systems.

[Ian]

Two thoughts. A lot of building in the last 10 years that sold to us as convenience is to mask the laziness that is in the business ecosystem and secondly the hyper concentration of mega monopolies. Amazon's been a stock picking stock club forever so they'll be fine. Everything is risk on we can talk about that later but it's not much innovation in terms of the infrastructure Even in the data center build most people are priced out of that we're looking at there's going to be for real six or seven companies that run America and Europe and parts of Australia for the next 20 or 40 years because they've built a legal monopoly and you can argue at some points due to partnership and circular investment into each other that is really two or three companies really running everything. One of yes I called and I love dearly made some money Nvidia if I made you money please in chat but there's a hyper concentration in industry where capital is going and reinvestment into each other which that's is good until the house of cards starts to crack with the leadership that we didn't have in office. Another reason you also see entrepreneurs working so hard they won't say it publicly. Other than magic. At Invest Fest, there's going to be a correction in the next year or two. It's very clear. That's why everyone isn't working this hard because they don't see a downturn coming. They see the downturn coming. They're trying to get in front of it. Even the circular investment is them building a moat amongst each other so that they can then survive the flood that is coming in the marketplace.

[Rashad]

Yeah, I think there's a. Out of those Mag 7, maybe not Tesla. If there's a disruption in any of those companies, you're going to see the entire world be affected. Like if that happens to Nvidia, if there's something that happens in the Jeep and that, that's going to affect the world, ts, that's going to affect the world. And I would put, instead of Tesla, I'll put TSM in there. If something happens, something is. It's going to affect the world. Right. With CrowdStrike, why we saw the company pull back was a few of their clients were saying, hey, maybe this isn't the best alternative for us.

[Ian]

Right.

[Rashad]

Maybe it is a Fortnite, maybe it is a Z scaler. Right. Maybe we should look at other options with Amazon. They're so dominant and they have so much infrastructure already.

[Ian]

Yeah. You're gonna deal with the brand equity.

[Rashad]

Tomorrow you'll be using AWS. Yeah.

[Ian]

And there is no alternative. You can argue CrowdStrike. Even though it's best in class. Their competitors that are comparable. Amazon has no comp. They're a once in a generation company. They are a Ford IBM of the 80s, a Standard Oil of the 1950s. They are once in a lifetime. So they have no nearest competitor. I love Azure, but it's not aws.

[Rashad]

Yeah, half. It's half of the percentage of market share.

[Ian]

Yeah.

[Keys]

Okay.

[Rashad]

And that's Microsoft.

[Keys]

Let's talk about, let's talk about Bitcoin, shall we? Let's, let's show this, let's show this clip actually.

[Ian]

And you know, I'm still bullish on bitcoin in the fourth quarter. Seasonally Bitcoin strong. But now we have the Fed flipping dovish after being essentially hawkish all year. That's a tailwind for bitcoin. So I think bitcoin gets to 200.

[Rashad]

To 250,000 by the end of the.

[Ian]

Year and that aligns with Mark Newton's technical targets.

[Keys]

Okay, Tom Lee, if you're not familiar who Tom Lee is bitcoin bull. Somebody that's been. He's always bullish on bitcoin, but very intelligent person. He. He says that he sees bitcoin getting to $250,000 by year end. So there's only two months in the year. Bitcoin is currently at $110,000. So that would be over 100% increase and 75 days. He also said an unrelated. Well, and later on in that conversation that he sees Ethereum not now, but now getting to $60,000.

[Ian]

Wow.

[Keys]

But he's always been a bull. Like I said, Tom Lee's always been. He's been a bitcoin bull for years. So $250,000 in the next 75 days. Is that something that.

[Ian]

Troy, Troy, you know what?

[Keys]

Yeah.

[Rashad]

I'll say this. That is very lofty. So I'll use the historical data. Right. Based on bitcoins having cycles. The. The first year after I have a cycle is usually the best year. Right. So 2012, first having cycle, 2013 being the next year, Bitcoin was up 7,000%. Right. 7,000%. 2016. So this is every four years. Right. So we went from 2012 to 2016. In 2017, Bitcoin was up 291%. 2020, right. That's the next cycle. 2021, the year after, Bitcoin was up 541%. Right. So these are huge jumps. 2024 we had having last April. So this year we are now up 44% this year. Now, if we pay the law of averages, if we get up to maybe 90 to 100%, that would take us to about 147,000 to 150,000 for Bitcoin, if the law of averages play out at about a hundred percent return. So when we looked at our price points and this, we kind of been given this predictive number of 140. I know, Ian, you had 150. We're in the same range. 150, 140. I can see it there. I can see it there. Based on how it's performed historically, after the year of having, we've seen a great gain. I see it in that landscape, 250. I'm just not sure how we calculate that. Now. I know he said that the Fed was hawkish, right? There was supposed to be maybe no rate changes. We got one already, and now they're saying there's two more. I mean, there's only three months left in the year, right? Well, two months left in the year. We got one in September. We'll see what happens here in October. So November, December, the only two months left. I just, I don't know how we get to that level. I just don't. I can't see it. But Tom Lee's is, is. He's been right not just in bitcoin, he's been right about the S P, he's been right about the Dow, he's been right about the nasdaq. He is super bullish in the market. I don't see it.

[Ian]

Yeah, I like Tommy a lot. Great lesson is in assets that are determined to go up, it's better to be bullish in it than bearish. With that being said, I don't see 250, 154, 4 90. I can see but you don't have to take my word for it. I want you to go on a LLM GPT or Claude or Perplexity act as a world class investor. Tell me the 10 scenarios in which Bitcoin will go from where it is now at 110 to 250 and what geopolitical events would have to happen in order for the market to run that high. That's the thought exercise I want you guys to do tonight. Also too, it's November, client money is coming in. So if you say I think Ethereum is going to 10k while having a fund based around Ethereum, you gotta sell a big picture. Going back to is the media selling you what you want to hear or is it selling you fear so you can sell extreme optimism? Or like the other side is Robert Kiyosaki every other week saying the market is going to crash and it keeps going up. Right. You have to be mindful. I love tom a lot. 250 for Bitcoin by end of the year. No. Can I see 250 next year? Yes. Also if they were not moving in pace with the market when it was actually detached before the institutions came in and had a mass adoption phase and took it over, I could see a run up of that nature. But unless China, our government and all hedge funds go risk on more so than they are already, it's going to be tough to get to 250 by, by Christmas. It's gonna be really tough, impossible next year. I can see it though.

[Rashad]

Yeah, but that's not, I mean the, the bright side is that if we're talking about it getting to 145, 150, I mean it's at 110 now. So you're talking about a double digit gain from today's date which is, I mean good investment for sure. I'd say so in two months for sure. That's how we got to look at it.

[Keys]

Yeah, I mean you just gotta look at bitcoin is if you believe in it, that you just gotta hold it long term. I think it's is doing yourself a disservice if you're trying to play a short game of seeing how much is going to go up in three months, you know, one month or if you really believe it. Like Jack Dorsey tweeted that bitcoin is not crypto. Riddle me that. So I think from what I got from that you don't, it's not, it's not tradable, it shouldn't be trading it. You shouldn't be trying to you know, do a play for a week and see if we can get like. If you really believe in bitcoin, if you really believe that it's a transformational monetary system that's really going to change the world, that's really the future, that really is just the beginning that's going to be here for another 200 years and really change human civilization. I don't think that you just treat it like how much money you can make in two months also too to.

[Ian]

Your point, if you hold it for three months or four months, you're going to see tremendous gain and it's one of the few assets where you can hold for a long period of time and make an incredible long term return. But if you holding it from where it is now to a two month cycle, you're going to beat the indexes, I think that, well, 20 to 30% in the two or three month cycle. So like if you don't believe in it, you can't argue with the math and data of it.

[Keys]

But even if it hypothetically because all right, we talked about it going up, it could go down, let's say it goes down. Right. But if you believe in bitcoin, you, you, you, you got to believe that it's going to go up eventually over time. So even if it takes the opposite and something catastrophic happens and it, and it, and the bitcoin price actually drops from now to January. Well you will still have to think that in five years you're going to be way, it's going to be way higher.

[Ian]

Yeah nine months than it is now.

[Rashad]

Oh, oh yeah, yeah.

[Ian]

Worst case 99, 371 is where I could drop to absolute worst case scenario. That's what I would want to buy. I really like 106 price hit for stock club. Shout out to everybody who got in and already is up on that. But we should be pushing back into the, into the 130s by end of year one. 150s January or February. This whole for the long term, like investing is a lot easier. Someone asked me this weekend, like even if I don't have the capital I need to take the money out of the market, should I continue to hold? I'm like, yes, because the reason why we didn't have a lot of capital because they kept this information away from us to hold for a long period of time. So you can get to a point where you never have to worry about the short term money concerns. Hold. I'm begging you to hold.

[Keys]

Okay, speaking of that gold, let's talk about gold. Keeps going up. One of the best performing assets of the year. It's just breaking new records every day. It seems like it hasn't slowed down. It hasn't had a pullback over 4, $100.

[Ian]

Insane.

[Rashad]

And it was that 40. 43. Yep.

[Ian]

43. 83, 80. Yep.

[Rashad]

It's crazy.

[Ian]

Yep.

[Keys]

One thing that Mike Novogradz said, he said he thought it was gonna go to 10,000. Now it's in before this year. Last year when we, when he, we said with him and he said that bitcoin goal goals gonna go crazy. He said that like in September of 2024. And he was like, how am I, how far you think you go? He said he's gonna go to $10,000. He didn't say exactly when or how long it's going to take. Yeah, he said that he's gonna go to $10,000. And his rationale was as long as the governments keeps praying money and as long as he said Trump has a history of spending money and he was like, if history repeats, that's before Trump got into office.

[Ian]

Office. Yep.

[Keys]

So he was saying hypothetically, if Trump wins the election, government spending is going to go up, not down. And as long as government spending goes up, then the dollar is going to decrease. And that means gold and bitcoin is going to go up. And man, he hit that, he hit that nail on. He hit every. Everything that he said was completely right because if you spent with spending money, the dollar has gone down at historic levels. Gold is at an all time high. Bitcoin has gone up. It hasn't gone up to that level which you would have thought as yet of this year. But we still got some more time.

[Rashad]

I mean it hits all time, huh?

[Keys]

Yeah. Then it came down. But gold how far can this. Can this thing.

[Ian]

Actually, I don't, I don't see it slowing down anytime soon. My next target for gold is 4, 800 and then after that we'll probably push to 52, 50 and some change. The reason why though, like the entire world is risk on meaning everyone's trying to get gains out of everything. But if you look at the general economy, the job market, instability within banks, geopolitical fighting internationally and inside of the country, there's a lot of things that are going wrong and you're going to have to watch to see which one turns over first because everything can't continue to rise at this rate without it being some disaster. I don't want a crash to happen, but I will say things have not been managed well in the country the last few years. So there will be a correction at some point. And if you go back to Ray Dalio's all weather strategy, even though his real formula isn't in money, master the game. One of the core tenets of it is to hold gold as a hedge. But I'm really curious as to how long it's going to take before this market turns over. Once we break 5,000 though, which should be pretty soon, that is going to be a sign of. It'll definitely be a warning sign of what's to come. I don't think that gold is going to slow down anytime soon. Should you have in your portfolio? We've talked about this a bunch of times. Keys has talked about it but just the since 2019 go was at 1200 is now almost at 5000. That would tell you how much more risk and going back to debt to gdp, how much more debt and money has been spent. That is the one of the main reasons why and also too since we came off the gold standard, the value of the dollar has dropped. Incredibly, inflation is going higher and it's not going to stop anytime sooner. Like Rashad, like you said, they're not going to even though they're not doing quantitative easing how they did post Obama, there's still a lot of spinning in states and in the nation that won't slow down anytime soon. And my last point, yeah, there they are making it two classes. You're either going to be broke and they're going to push you out of being able to invest in the assets or you're going to invest alongside them and make tidal waves in your lives financially. Like if you look at how the government has been even the the investment into intel, that's very telling that for the first time in history that the president's office is so open about investing and tweeting out what to invest in and how much crypto is going to go up. But most people have been priced out of the assets. I'm just looking at the run up a gold Bitcoin, Ethereum, Nvidia. If you were two years late, you may be paying 200 more just to get into the same asset class.

[Keys]

So do you buy gold now or do you just say I missed it.

[Ian]

You gotta wait for a pullback. I can give a price next week if you like, but I think as a hedge it should almost be mandatory, maybe 10 to 20% of your portfolio. If you have been listening the last.

[Keys]

Few years, 20, 20, 10 to 20%.

[Rashad]

For sure of your overall portfolio, sir. Yeah, it's tricky. Not that because I mean we talk about, we had this conversation like before we started the show, but a couple things, right? Everything that we just said that was just expressed. I'm with y'.

[Keys]

All.

[Rashad]

I agree with it. In fact, this makes even more of a case why you. You see bitcoin continue to rise from where it's at now, right? It is this like this follow theory that they have with gold and bitcoin, right? Usually as we see gold appreciate, we'll start to see bitcoin appreciate. Gold has been on a run, continuing on a run. Bitcoin hit all time high, didn't pull back. But those type of scenarios make it favorable as to why people will continue to invest in bitcoin. But this idea of risk and fear, it almost feels very calculated. And we had this conversation Friday. You know, he called me, he's like, what are you looking at? I'm like, yo, something, something's not, something's not right. I just don't. Something's not adding up, right? When I look at the VIX and I see it get to 27 or 25 usually. Historically, when we see the vic start to rise at those numbers, mid-20s up to 30s, we see a harsh pullback in the market, right? If you look at it, I mean, pick a time, right? We saw in April was at 59 and we saw what happened with the market, but the market was up 100. Well, the NASDAQ was up 112 points on Friday.

[Ian]

Because everybody's risk going, no, no, everyone's throwing out a rubble.

[Rashad]

I'm building a case for you to talk about risk going, yeah, so. And then you look at the fear and greed index and that's at 25, right? And then most People think in their mind, when people are, are fearful, be greedy. And when people are greedy, be fearful. And so you have those two factors then you have this idea of hey, this constant, there's a crash coming, there's a crash coming, there's a crash coming. You almost put people in this position where they become fearful to be a part of it. Meanwhile, institutions are running and running and running and running. And if you've watched the market over the past two weeks, for sure just on a daily basis, it's been volatiles, there's ups, there's down, there hasn't been any steady flow and it feels like something's supposed to happen, but something's not happening. Right. So you, and you said this, that everybody's risk on. So just, just unpack that a little bit.

[Ian]

Everyone is risk on meaning like everyone's not following a playbook, everyone's trying to maximize gains and it's in every sector. All coins, crypto tech. I'm getting more messages about rare earth minerals because everyone's looking at how quickly the market is going up and you don't want to be left out. The downside of that is you have to know which asset classes and what groups they're marketing to to be the liquidity for those events. So the government and institutions and I'm going to be very honest, most institutions don't care if you do well or not, as long as they do well. We're seeing it now, you even seeing it within certain countries using pages out of our playbook against us. I want to tell you stick to your plan through and through. Even like when I came over to tech2 index, the indexes were the hedge against drawdown if we went down. But now people aren't following price when to get in asset class because they think everything is going to run up 30 to 45 and that's not the norm. Only the quality assets are supposed to do that. So when you see gold at a high vix pushing up bitcoin, Ethereum in our highs, Apple hit an all time high today. Everyone's trying to get the most out of the market and not prepared for ask someone today, okay, if the market drops 10, 20, 18, are you prepared to know when assets, which assets to continue to buy in, which ones to get rid of? They're like no, I'm just trying to get it back. It's not that simple. Is not that simple. And anytime when they are openly talking about investments to the public, it's not for your benefit. For the first time in history you really have more money in brokerages than you do banks. And the banks can't even lend at scale because all the consumers are putting the money into brokerages to buy assets. It messes up lending. So.

[Keys]

And all the gold, all the goal. Yeah. Somebody said, what about gold? The GLD definitely is a good etf. And then. Yeah, physical goal. If you want to go to Ghana and. And do that play, I think. I think that's the next thing I'm going to invest in is physical gold.

[Ian]

Physical. You going to Costco? Are you going to Ghana?

[Keys]

Ghana.

[Ian]

Okay.

[Keys]

Getting straight out the. Straight out the mud, literally. Yeah.

[Rashad]

We're going to get the box site with the golden.

[Keys]

I'm actually. I'm gonna call my guys, actually. I'm gonna see how much gold is going for out there. Probably can get it for a discount.

[Ian]

Who's calling my phone?

[Keys]

Yeah, they're gonna. Ghana gold play. You know, that's where. That's where it comes from. That's the gold. They call it the Gold coast for a reason.

[Ian]

Yeah.

[Rashad]

Not just Ghana, though.

[Keys]

No, no, no. But gone is heavy, though.

[Rashad]

Yeah.

[Keys]

I mean, we know. We've been to Guinea.

[Rashad]

I mean, yeah, you don't seen it.

[Keys]

But. But he said Ghana got way more gold than Guinea.

[Rashad]

True diamonds, too.

[Keys]

Burkina Faso.

[Ian]

Yep.

[Keys]

Gold is God's money. That's what. That's what they say. It's been proven over 8,000 years, probably longer than that. Gold has been used as currency, is. Is outlived every. Every form of currency ever. And it's still. It's still here. Over the past 100 years, the US US dollar has gone down 98%. During that same time, gold is up 6,000%. So.

[Ian]

And we should have never came off the ghost ended. But that's another conversation for another day. You know that.

[Keys]

But yeah, gold. Gold has been around since Mansa Musa. Can't stop it.

[Ian]

And for all of you who ask me privately, yo, should I short goal? No, you have to stop shorting assets that are meant to go up permanently. That's the dow. That's the NASDAQ. That's the S P 500. That's gold. It's bitcoin. You don't short assets that are designed and created to stay up for long periods of time. It's not worth it.

[Rashad]

Yeah. I mean, it's part of it. Like you. And when you start to see those headlines and that sensationalism, all the short sellers trying to predict the S P. Just stay focused. Stick to your plan, please.

[Ian]

Stay locked in and you don't know their agenda. They may have a short only fund and they may be pushing to get 9% return. And the headline makes you think the market is going to drop 25. The market is rigged to permanently stay up. That's all the indexes this stay long, stay long. Japanese Nikkei hit an all time high. Like you're not supposed to short these assets. There's trillions of dollars going into them every year to make sure that they stay afloat. Your 100 grand or 300000 is not going to move that market down.

[Keys]

I told you that thing. I told the story. They said that the Ashanti King, they brought a Rolls Royce, put a brick of gold 10 years ago.

[Rashad]

So we got.

[Keys]

Couldn't speak English. Couldn't speak English. Came in the Rolls Royce dealership with a bar of gold.

[Ian]

Cash down.

[Rashad]

That's what we got.

[Keys]

Take it.

[Rashad]

That's what we got.

[Ian]

The real currency.

[Keys]

They gonna find a way to accept it.

[Rashad]

Take it or leave it.

[Ian]

Yeah, for sure.

[Keys]

6,100 people on the check in. Yeah.

[Ian]

Yeah.

[Rashad]

Shout out to y'. All.

[Keys]

Salute to Nas too on that hip hop pioneer joint that they do every year. They just did it a couple days ago.

[Rashad]

All the Hip Hop Museum.

[Keys]

No, they gave a million dollars. You know, I give 500, 000 to two. Two people.

[Rashad]

Oh, who got the award this year? I'll look it up.

[Keys]

Yeah, they gave it. It was two days. It was two days ago.

[Ian]

It's amazing though.

[Keys]

And the whole team.

[Rashad]

Yeah. Shout out to them. And shout out to, to the masterpiece. Yo, they put that Mob Deep album was solid.

[Ian]

It's tough. Yo.

[Rashad]

I was pleasantly surprised. I was just like as a fan of music. Let me just go check it out. Shout out to them.

[Ian]

Prodigy's voice too.

[Rashad]

Yeah.

[Keys]

Salute Prodigy, man. Speaking of mass appeal, check out our series on Hulu. Yes. Foundation Forward in collaboration with Mass Appeal and Chase Freedom. Hulu streaming. Now let's talk about tech. Let's go on the tech hour. Apple. Let's start with Apple. Apple, Apple stock hit all time highs today. Legendary.

[Rashad]

What?

[Keys]

262. 264.

[Ian]

38.

[Keys]

Yeah, close that.

[Rashad]

262.

[Keys]

So Apple, you know, it survived. It survived every error. It's still here. They said the iPhone sales are, are booming. They got the AirPod.

[Ian]

Passport Bro Edition cooking. Yeah.

[Rashad]

They signed a deal with F1.

[Ian]

Yeah.

[Rashad]

Five year deal with them, which was you if, if you watch the movements, right? F1 the movie was their first one of their, their biggest movies in terms of blockbuster hits.

[Ian]

Yeah.

[Rashad]

With Brad Pitt. And so it kind of makes sense.

[Ian]

That they, yeah, they actually.

[Rashad]

So I finally, I had turned on my Vision Pro for a while, but that you can actually sit inside the F1 car in your Vision Pro now. And so you could kind of see how they were trying to build this up. They wanted something in the world of, of live action sports. They didn't get basketball. I don't think that they've given up on that. Like if you listen to some of the, the press conferences, they're like, yeah, we're here to stay. We're not here for two to three years. We're not here for 10 years, we're here forever. And so they, they will eventually have enough to put money into one of these leagues. I know they had some MLS, they did Major League Baseball, but they got one game a week. So F1, even though it's not even like ESPN still has it, you can see like their foray into it and them trying to put all that technology Decent. Decent.

[Keys]

Shout out to Vic Mensa. He actually filmed a video, a music video on his iPhone. And Jamal Pastor, Jamal Bryant had an interesting thing where he said that he felt that the reason why they picked Bad Bunny was because they want people to listen on the AirPods when he talks in Spanish. So everybody saw my Apple these days. And then I saw somebody in the comments said a Mansa Musa was the richest person. He's from Ghana. He actually is from Mali. Mal. Timbuktu. Timbuktu, that's modern day Molly. But Kush, the Kush kingdom. Oh, oh, look it up. Yeah, look it up. Ladies and gentlemen, the real question.

[Rashad]

Yes, I have the medical. Mr. Monty, I got the. Yes, I have the medical.

[Keys]

Okay, Apple, have they made it through? And this is clear sailing to, to greatness.

[Ian]

Definitely. I gotta give them credit for being resilient. The iPhone 17 is selling like crazy. But the, the challenges that I've discussed are still there. It also highlights the point of holding. Regardless of my deep criticism for them, I never changed the formulation on 2Tech2 index. So I'm not playing both sides. I'm just giving you analysis. Gross margin 46. Net margin is 26.8%. But they have had a tumultuous year. If you look at the their comps in the tech space, when others have been flying up in comparison, they definitely hit a high. But no one who's an Apple investor will say that this is one of their best years. My main concern is that they'll never be in the number one market. Cap spot again. So that's my primary concern. But once again, Timothy D. Cook, gotta apologize. I didn't know he was facing that battle with another entity that can't be named. What battle you refer, I'm never gonna say that.

[Keys]

Why not?

[Ian]

Because I haven't got to 5,600 million yet.

[Rashad]

5,600.

[Ian]

It's not every bad battle isn't worth fighting. But have they done a great job? But I'll text you, you can say it if you want to, please. But yeah. Kudos to them for fighting through. Kudos to everyone at hq. I'm still looking for the announcement of what they're going to do in the AI space and see how they're going to work through that. And I think the greatest entrepreneurs and executives on Earth once again have had to. Zuckerberg had to fight through Congress, not getting Libra Coin, not getting certain crypto partnerships, not being able to buy Tick Tock. And he found a way to recalibrate the company to continue to do better. Post 2022. I'm looking to see the same thing out of Apple and then also to, to see what the, the vision is in terms of succession planning once Tim does step down as well.

[Rashad]

They, they have been resilient. I think maybe a month ago when we were talking about Apple, I was like, look, they, we may have been looking at it wrong, we might have been looking at this whole thing wrong from a standpoint of they've, they've got this treasure chest. Has it been depleted? Slightly, yes, but it's still there and they're gonna wait this thing out and see where they're going to make innovation at rather than saying they were going to be a leader in innovation. And that strategy has worked for the most part. Also we talked about that, the iPhone and I was a victim of it as a, as a, you know, a guy that loves Apple products. I upgraded just because I wanted to use the headphones and I couldn't use it on the older phone. And so that life cycle is starting to catch up.

[Ian]

Right.

[Rashad]

If you can't have the newest technology, then you're going to upgrade your phone. And that's apparently what has happened with the 17. It has made some improvements, but other phones have that technology already. It's just the brand loyalty that comes with it and they're going into the biggest quarter of the year for them. So you, when you talk about Fed rates getting cut, you talk about fourth quarter coming into to play here. I know they got earnings next week. I like Apple to keep to Keep climbing. I, I don't, I don't see the, the tail when that pulls it back. Especially when we start to see some of these numbers come in for to 17. I know it's preliminary now but maybe we'll get a fresh look at where it's headed. China sales improved. That's huge for them. Right. We were talking about two years of declining sales.

[Ian]

He made that trip over there.

[Rashad]

That has changed. And if you, you saw where he was at this weekend, it tells you that there's more innovation to come. Tim Cook, Jensen Wong. They were at the, the unveiling of the new fab, the TSM Fab in Arizona which is about to come online. They used to be TSM's number one customer customer Nvidia is now and so there's more manufacturing more chips. I know they're talking about the new MacBook. It. They're slow and steady which is crazy to say for a company that's a 3 trillion dollar company. Yeah, I would, I don't, I don't see them going back to number one anytime soon.

[Ian]

That was my question. Probability.

[Rashad]

But they'll, they'll be in the top five. They top five for sure.

[Keys]

Tech check. Let's move this along. AMD and on a, on a tear also. All time high. 240 right now. Yeah, it's, it's going up tremendously. So you would think at some point it would have to have some level of a pullback. Shout out to Dave Shands called me today. He's in the AMD option. I know a lot of people are in AMD options.

[Rashad]

I'm expecting a thank you letter at some point so.

[Ian]

And cash considerations.

[Rashad]

Considerations at some point.

[Ian]

Yeah.

[Keys]

So what, what is, what's amds?

[Ian]

I think the entire space is, is going to continue to climb. If you're looking for a price maybe if it pulls back to 21248 or 222 12, that would be an area I would like to potentially get in. If they do have a pullback, maybe halfway through next month they, they could pull back but no back to being risk on the days of conservative investing are over. And if you are a conservative investor looking into conservative companies, your portfolio is going to be eaten alive. Prime example of that would be Salesforce. I like Benioff. I like Salesforce. They are two steps behind of where the new market is. So as a result like investors have to deploy money. If you run a fund, you can't just put cash on the side. They've been a beneficiary of that. And of course, AMD tightening up their relationship with Washington has helped them tremendously. So AMD will be fine. Maybe by February. No, probably about January. There should be a 256.92. And then to your price will be like 298.87. They will have a pullback at some point because this is a key level for Nvidia. Historically, it always has been. But long term, Nvidia will be a. Okay, amd. Amd, Sorry about that.

[Rashad]

Yeah, it's. Yeah. This is a case of, you know what, there's a price point for every customer. And some, some, some customers will like the highest price point because they believe that's the highest value. Some people will pay the mid tier and they've done that and they've mastered it.

[Ian]

Yeah.

[Rashad]

And this is, this is success of it. I think Lisa has made some great moves, starting with, you know, going to Saudi and figuring out partnerships there. And she's been at. I mean, I spoke about Tim Cook. I forgot to say that she was at least a. Sue, who's the CEO of AMD, was also at the unveiling at TSM's Fab in Arizona speaking about their relationship, the OpenAI partnership. I mean, you're talking about a company that it, it's advantageous for it to use your products to help gain more market share and help with that, that overall revenue partnership with Oracle. They, they're. They're in a space right now that they have clearly put themselves in as number two and they've cemented themselves as number two and people are valuing it as number two, which is. Okay. Right. You're gonna. This is not a, a trillion dollar company yet. Right. This is not Broadcom, this is not Nvidia. They are firming where they're at and they still have room for growth. I don't think this is the end for, for T. For AMD even at 240. I think that there's some more room here toward the end of this year for it to keep plumbing.

[Ian]

And that's true as well because Nvidia is a. The rise and tide to lifted all boats and their executive team, especially Lisa, when she was the first, like not included in that class, she made great adjustments to make sure that they didn't get left behind. They did the opposite of what intel as a company historically did the last 10 years.

[Rashad]

Shout out to everybody that was in those AMD clothes and if you had a plan, then you're not going to ask me, should you sell Facts please.

[Ian]

You got to know the exit before you get in.

[Rashad]

That's a fact. That's a fact. That goes for any, any position that we talk about.

[Keys]

Microsoft. We haven't talked about Microsoft in a while. Not at an all time high but it is doing well.

[Ian]

It's close.

[Keys]

516.

[Ian]

Yeah. Alltime highs 555 45. Microsoft. I think they'll have the moment before the end of the year where they should cross that barrier and break their all time high. I remember top of a couple said stock of the decade that's panned to be true. Well wrong company. Very little scandals, amazing profit margin continue to hold. If you guys need a price I'll throw one out. Still stock club Duncan. Matt, if it gets back to 50871 that's an area I would like to get in. But Microsoft is a definite hole through 2032 and for sure still in my opinion will be stock of the decade regardless of what Sam Altman does and their relationship with OpenAI. However their pants out to be that Microsoft's probably one of the best run companies in the world right now and operating how I wish Apple would to be honest.

[Rashad]

Yeah, I mean what, what do you want? What can we say about it? They the open AI investment has turned out to be absolutely incredible.

[Ian]

Greatest investments of all time.

[Rashad]

Their investment in Constellation Energy is something that hasn't been talked about I think enough because you can talk about forward vision, right. We can have these data centers but they already were thinking if we're going to have the data centers and we're going to run them in the cloud, we need to have a power company that's going to help us do this. And so they've been innovative in that space. The only thing I wonder about is the acquisition of Activision Blizzard. I'm still trying to figure out what that was about but other than that like you said well run company is going to be here even by default. We know what they're doing in the terms of artificial intelligence with their partnerships with OpenAI. So this, this is one of these, these gold standard companies that you know just, you gotta just have this in the portfolio and keep it there.

[Keys]

All right. Two more MU and tsm. TSM reported last week.

[Rashad]

Yeah.

[Keys]

And actually went down slightly and then it went up. But TSM still holding strong. Not at the all time high but not too far from it.

[Ian]

Yeah, not too far from it. Yeah.

[Rashad]

Yeah they ran up to after earnings they ran up to to 311 then pulled back down to 291 kind of just moving back and forth. And that, that key level of 310, let's see if we can cross that over the next couple weeks. I tsm, even when they reported, you know, I was listening and I forget which, which treasury, which secretary it was, but he said, look, we have to win the AI race. This isn't a matter of just winning with China. This is a matter of national security.

[Ian]

Yep.

[Rashad]

And you cannot win this race. It's, it's impossible to win this race without having Taiwan Semiconductor being the piece. Right. They just actually released a video, I'll put it in, in Eylu tonight or tomorrow morning about what that fab looks like. And you can see ASML as that key component. Right. They now announced that TSM is going to be using the, the 2 nanometer on their wafers, which is, I mean this is the first of its kind.

[Keys]

Right.

[Rashad]

So when we're talking about how much faster, how much smaller, how much efficient, more efficient, but even more important how energy efficient it is.

[Keys]

Right.

[Rashad]

So they said that it's going to be reduced 20 to 30% less power. So when we talk about how much power is going to be needed to put these GPUs in racks and power them, that's all part of it. TSM has been in the portfolio. I mean I've been talking about it to death and it's still at 300 at 298 where it looks like it's going to open tomorrow. It's still undervalued to me.

[Ian]

Yeah.

[Rashad]

I think it is the core of the AI economy. Nvidia doesn't have, doesn't manufacture its chips.

[Keys]

Right.

[Rashad]

That's what TSM does. Apple doesn't manufacture its chips. That's what TSM does. AMD doesn't manufacture his chips. That's what TSM. All of them. 90 of the world's GPUs are manufactured by this company. It's the reason why it's a national security issue. It's the reason why those fabs are online in Arizona and they got them up and running by 2026 when they projected date was supposed to be late 2027. They know that we have to start producing them here because we cannot have a supply chain issue. Tsm. I'm with this company for the long run.

[Ian]

Yeah. And I think anyone trying to shorter or getting away from TSM, you're making a generational mistake. I like it at 284. Is TSM better than Apple?

[Rashad]

It's in this economy, this AI economy is more important.

[Ian]

ASML better, more important than Apple right now.

[Rashad]

For the future of AI here, you can't have it.

[Ian]

Yes, but it's in a generational switch from hardware devices to like these companies are so important and like you said, to the fundamental structure of American economy. Like I put it in stock club this past week, but without AI and data centers, the GDP growth in America was 0.1%.

[Keys]

When you say more important, what do.

[Rashad]

You, what is that actually to AI?

[Keys]

I'm saying to AI. Not to, not to the world.

[Rashad]

No, no, to AI.

[Keys]

Yeah, not to the world.

[Rashad]

No, no, no, no, no, no, no to AI. Right. And that if we went down a food chain per se, of, of how artificial intelligence is going to work, it has to start with asml, right? Because they had the, the EUV machines that can produce, right. What TSM is going to use to produce and manufacture chips, right? So if you don't have the machines, those, those EUV machines which they have a monopoly on, they're the only company in the world that makes them. And, and we talked about it in the car. But there are other countries, not companies, but other countries that are trying to figure out how to make that machine, right? It. And it's not something that can just be built in a day. These machines cost 400 million to make one. But they're needed to have in this flow. So the flow starts at asml, goes down to Taiwan Semiconductor. Once they have those machines in, in a video, they show you exactly how they work. Now they can manufacture, right? People can send in, hey, this is what we want built. This is what we want built. This is what we want built. TSM has those fabs to do it obviously in Taiwan, but again here in America. And then it goes out, obviously then Nvidia can be who they're going to be. Then Broadcom can be who they're going to be. AMD can be who they're going to be. But it starts with those two. From the machine standpoint, from the manufacturing standpoint.

[Keys]

So the last one for tech check.

[Rashad]

Oh, I didn't say micron.

[Keys]

That's what I said.

[Rashad]

You're gonna say that Mu.

[Ian]

Yeah, he's about to say it.

[Rashad]

What can I say? No, it actually played out exactly how we thought it would when we talked about American companies being dominant in a space and specifically high bandwidth memory. In, in this case, there are three leaders and two of them are not from this country, right? You got Samsung and you got SK Hynix and those two companies, those three Companies make up pretty much all the, all of the, the high bandwidth memory chips that, that are, are out there are running at a high efficiency. Marana is the American company in, in terms of making America more efficient and keeping things in house. That is the space that they're going to go. And we've seen it, we've seen partnerships with them. In Nvidia which was the first sign. Usually when I'm looking for signs I look at, for the, for the hyperscalers and when I say hyperscalers I'm looking at Meta, I'm looking at Nvidia, I'm looking at Microsoft, I'm looking at Google, sometimes Apple. Even though they try to do things in house, if I see those companies are involved in partnerships with these companies.

[Ian]

It'S a positive sign.

[Rashad]

Oh that's, that's, that's like one of those metrics. I'm like, all right, that means there's capex spend that is going to go out. Micron, we've been in this for the past three years. I know we've been taking some hits for it. But this is the, the importance of investing in companies that you believe are going to be here for a long time. That's going to be the leader for a while. I know they just got approved for the plant and shout out to Sean McKissick for telling us about that prior to it happening. The plant in New York is going to be online shortly. It's going to be the, the leader in that space. And if you know how high bandwidth memory works, you obviously know that GPUs need to have that as a component. How do we know that ladies and gentlemen? We actually saw that. Right? We actually looked at a GPU and looked at the components of it and we saw which companies were part of it. We were at gtc. This was a no brainer and I'm just happy to see it thrive like it is. And again, I don't think this one's done. I don't think Micron's done but there's some other companies.

[Keys]

Well yeah, shout out to Nvidia. That was something that we was able to do when we actually went to Nvidia's campus and you know, exposure definitely changes situation when you have that level of access and we had that level of access to the, to their campus and to met his campus and yep, we saw some things when we went to Nvidia that was just like, okay, now this is pretty much a no brainer. So you know that exposure man like you know, just always Keep that in mind. Sometimes in life, you only get a few opportunities. Sometimes in life. And when you get that exposure moment. Yeah, you gotta take it, take advantage of it.

[Ian]

Even seeing the circular investment where it started from.

[Rashad]

You know what's crazy when we think about this, right? Like, so this is March of last year. Think about the companies that we literally saw and just kept seeing. Micron was one. I actually took a picture of it and I'm like, yo, they have a huge display and the representation here must be sick. We saw a vertive, right? And we can see how Vertif has performed this year. We also saw Super Micro.

[Ian]

Super Micro, yeah. Was prominent.

[Rashad]

Now quietly is kept, right? Super Micro was down at 27. Look at it today. Yeah, right. Look at it today. Nearly 100 since that point, slowly but surely. So those companies that we saw, like, in partnership and working with and understanding their roles. Broadcom, another one we saw. There's a reason why they start showing up at these events, because they have partnerships, and those partnerships lead to more revenue for these companies. We saw the racks that were being used, right? That company named Dell was there. I'm like, yo, all these tea leaves are there for us to say, okay, all right. There's something here that we need to investigate even further.

[Keys]

Yes, sir.

[Rashad]

Coral weave.

[Keys]

Okay. Okay. Stephen Smith. He said, hey, family, I'm a single father from Chicago driving trucks and learning from y' all after making investment mistakes, trying to give my due daughters a better life. Okay, Put your cash app in the chat.

[Rashad]

My brother, Stephen Smith.

[Keys]

This is the day. Today's the day that you will receive your blessing. And please DM me sure your email so we could put you in ey University.

[Rashad]

That's easy.

[Keys]

It's vitally important. Yeah.

[Rashad]

Steve, highlight it again so we can. We can make sure that we find you.

[Keys]

Salute to all the single parents out there.

[Rashad]

Getting it done.

[Keys]

Driving the truck, making no excuses is never no excuse not to be there for your children.

[Ian]

For sure.

[Keys]

Child supports a fraud. That's what he always say. Well, we still taking care of them kids, though. We're gonna fight the child support, but we still.

[Ian]

No matter what. No matter what, it's never no excuse.

[Keys]

Not to take care of your kids.

[Ian]

Yeah.

[Keys]

Speaking of Nvidia, let's talk about Nvidia. Jensen said that they went from 95 marketplace in China to zero. They said they're out of their official. Officially out of China. And he said, like, he kind of. He didn't directly go at the administration, but he said, like, I don't think that. I don't think. I don't see how any policy maker would think that that would be a good idea for us to be 100 out of China. So is that long term bad for their stock or is this something that he's just playing a political game?

[Ian]

You have to learn you can't play both sides. And you should have seen this with Apple. That's why Apple has had considerable investment into India. But if we are in an international war with China and China technologically wants to kill us, you can't sell a version of a chip. Being an American company to the ops, you should have known this is the part where you can't be greedy. And I know you have Rockefeller ask aspirations, but you can't fund both sides of this technological war. You gotta pick a side. Either go pick up and put Nvidia in China or you're going to help America win this war. This is like the moon landing thing all over again. This is bigger than your corporate aspirations. America's fighting tooth and nail to not fall to the empire that's set to knock us out proverbially. So no, you can't sell your chips over there to them and make a Chinese version of Hopper or anything else while we're in war. And I appreciate China even taking a stand, saying, hey, no, we won't even want your product. We want to build our thing here and this race is not going to slow down anytime soon. So, I mean, as a result, from a revenue standpoint, it may hurt, but I think Nvidia and executive leadership and Jensen is going to find a way to make up for that profit loss by partnering with other countries, probably India and making us more competitive. Because if the only thing you can do is work with what you have, you have to find a way. And it's a great lesson too. Sometimes you don't appreciate the blessing of the windfall because you think you can recreate that magic elsewhere. Sometimes the best thing that you have is right in front of you. Take advantage. Take advantage and take care.

[Keys]

But they have to get back in China, though. I mean, you can't, you can't, you cannot be absent in the biggest market in the world that's only getting bigger.

[Rashad]

So that, that was my.

[Ian]

You gotta pick a side, though. They're not gonna, the government's not gonna let them fund our destruction unless, unless. Unless there's vested interest in the destruction of the country. You don't get to pick. You can't be on both sides of the war. We saw with Apple, Apple still doing.

[Keys]

Business in China though.

[Rashad]

Yeah.

[Ian]

They sell not as.

[Rashad]

But check this out, check this out. Right, because this is, this isn't, this is interesting. Right. So imagine, let's use Apple. Imagine Apple says that they have 0% market share in China. Do you think happens to the Apple stock?

[Ian]

It'll slide down but of course it, it, it'll recover. Because then you, with Nvidia with 40, 50% profit margin and with them having such a high price product in high demand, which is rare to have a incredibly high price product with that kind of demand, they're going to have to find a way to work it out. Now if this was 2016, it wouldn't matter. We're not in 2016.

[Rashad]

Well, I'm just saying that because Jensen said this over the weekend and Nvidia didn't move. Right. Like didn't, didn't move.

[Ian]

Yeah.

[Rashad]

They literally said we're in terms of Nvidia. That's the number two market for them. They said they have zero percent market share and it was a fractional slide. Like it might have went down 40 cent.

[Ian]

Yeah, right.

[Rashad]

Which tells you how strong the demand is.

[Ian]

Absolutely.

[Rashad]

From these American companies. But you said something important and it was the geographical play. Right. If it's not China, then who, Right. When we were talking about Apple it was okay, we saw them in India, right. We can't get more. We maybe we get a new demographic of customers. And so you start thinking about where Nvidia has been making its moves and the fingers all point back to the uae.

[Ian]

That's what the original circular investment came from.

[Rashad]

So now if they lose that market. Right, because if you, in that scenario you would see like a big difference. No, no, it's a big difference. I, I get it. But the amount, the number of companies that can spend at that capex level is how many can, how many can do that from a Chinese perspective? How many companies can do it?

[Keys]

A lot. But then the government itself.

[Rashad]

The government can. But they're, they're fixated on saying, hey, we're going to build even Alibaba.

[Ian]

Yes. They want to build their own. They don't want our product. That's the issue now. Rashad, I agree with your point. Will it help Nvidia's market cap if they could. But they're telling him we don't even want your work. Even if ours is inferior. We or build our own.

[Rashad]

This is where I was going because we gave those dates last week. I was giving out those dates about the trade agreement. What if this is a part of that trade agreement.

[Ian]

Right.

[Rashad]

In order for us to get this trade agreement through, here's what you have to take.

[Keys]

Jensen Wong is not Chinese.

[Rashad]

No, he's not.

[Keys]

He's from Taiwan. Now, that's a difference. Even though Chinese to China, Taiwan is a part of China to Taiwan, Taiwan is independent of China.

[Ian]

And if you go take what was.

[Keys]

That goes back to tsm. That goes back to the pack that United States of America government signed with Taiwan 50 years ago to guarantee protection of Taiwan. And that goes back to the aggression that China has shown Taiwan. And that goes back. So all of this. So what he said was. Actually, that's why I'm highlighting what he said, because I'm not saying it just to correct them. Depending on what side you're right and you're wrong, depending on which side of the. That river or ocean you're on, and that is trillions of dollars. Global warfare that could potentially happen because of one country says that they. They belong to Taiwan and the other country said that they don't belong to China.

[Rashad]

Here's what happens. Even for an invasion. This is. This is. Even if they invade with Taiwan and they try to take over tsm, you're gonna tell her. I mean, it's documented. The asml.

[Ian]

Okay.

[Rashad]

They have a kill switch.

[Ian]

Yeah. Yeah. They all. Yeah.

[Rashad]

Literally, the machines will cut off. So you can take over the property, but you can't do anything with it. And they can do that. They can do that. Trigger that remotely.

[Ian]

Remotely.

[Rashad]

So there wouldn't even be a point of even trying to do it, because if it happens, they cut it off and then nothing. You can't use that fab anymore. And then the number one fab becomes where? United States.

[Ian]

But if I find a little hacker to get into y', all or if I just.

[Rashad]

I send companies to your country to figure out how to build your machine.

[Ian]

Hello. And everyone doesn't have high moral compass.

[Rashad]

The UAE play is interesting because, yes, if you look at the announcement when obviously the president was there, but I mean, Elon was there, Sam Altman was there, Lisa sue was there. Jensen Wong was there. They talked about the largest data set being built in Saudi tech.

[Ian]

Tech is. I mean, UAE is the big venture that everybody in tech has to run to.

[Rashad]

It Ch. It changed everything for this. For. For this scenarios from April for sure.

[Ian]

And maybe before then, perhaps.

[Rashad]

Perhaps.

[Ian]

It'S a.

[Rashad]

It's a. It's an interesting business. Is interesting. Technology is even more cutthroat and interesting. Oh, my gosh.

[Keys]

It's Like Jared Kushner.

[Ian]

I'm gonna text your sister in mine. Right? Hold on. Stop Rashad from going. Go ahead. Go ahead, brother.

[Keys]

I got you.

[Ian]

Got it.

[Rashad]

The guy who paid on. He was on 60 Minutes. That's what he was referring to. Right?

[Keys]

That's my favorite show outside of.

[Rashad]

He was on there last night. Yeah.

[Keys]

He was talking about how they were saying that he. He brokered the peace deal between Israel, Hamas, him and Steve, him and another guy. But they were saying there's a conflict interest because he's done so much business in the. In Qatar. He was saying that it's not a conflict of interest because he's not making money. Long story short, America innovates, the Middle east invest, China copies, and Europe regulates, and Africa just gets plunged. That's the global cycle that we're in right now. The UAE is investing in everything. Not just uae, Qatar, Saudi Arabia, uae, all those Gulf states are investing.

[Ian]

They are the funding source.

[Keys]

Europe is doing nothing but regulating. That's why they're in shambles.

[Rashad]

Yeah.

[Keys]

America's innovating. China sees what America does, and then they just copy and they just take it. They take IP at an alarming rate.

[Ian]

Yes.

[Keys]

From fashion to technology, they got whole Apple iPhone stores.

[Ian]

That's not Apple. Yep.

[Rashad]

And that's. That's a trademark lesson in itself. Like, when you get something trademarked, having a trademark it internationally, that's a whole different. But it won't even you and sometimes.

[Keys]

China, I mean, what are you going to do? And Apple knows that they. But that China is so strong that they just got to deal with it. Y. Chanel, all these people know, like, you go to China, I say that to say they're not just. They're not just knocking off handbags. They knock. They're going to knock off Nvidia chips.

[Rashad]

But that's what they're trying to do.

[Ian]

That's what they're trying to do.

[Rashad]

So that. And that. That again, some of these signs would have usually had a downturn in the market. Right. When there was a talk. And everybody here remembers when Deep Seek was the conversation on that Sunday night, Monday morning. My gosh. We were. It was like, oh, my gosh.

[Ian]

That was market manipulation, too, though.

[Rashad]

Well, allegedly.

[Ian]

Yeah.

[Rashad]

If it is not worth it, they've come up with a chip that's more efficient. Look how many gpus they really need. And they did this. And then you come to find out that, wait, that was fabricated. In fact, they're actually using Nvidia GPUs. Right. So this weekend Alibaba did the same thing. They said we don't need a thousand Nvidia GPUs. We can get the same job done with 300 of them. Again, market doesn't move.

[Ian]

And the thing is when a country's willing to stand on its morals, the difference between the two leadership ideologies is that we'll break off pieces of our country and sell them off and put the country into ruin. We have to remember that China wants its revenge. We're very short sighted in our thinking. And while other countries see weakness in us in terms of leadership, debt to gdp, management of resources, we sold our toll roads and rivers and waterways and sell poison at every turn. They are in attack mode. America is one of the few superpowers in history. If you study history or shot I know you're a historian that we're the only superpower that thought in three and five year cycles. We don't plan long and it's coming to bite us. But what do I know.

[Rashad]

Just a guy on YouTube.

[Keys]

What what are your top five ETFs at this moment?

[Ian]

To the person great question. You don't need five VTI VGT qqq you don't need five.

[Rashad]

You.

[Ian]

You don't need five. I'm sorry you don't smh. Sure smh four you know but you don't need five. There's no. It's like back in the day like in 99 you don't need 5. Pair of K Swiss you don't. You don't like because you're limited on capital and also too with it being a risk on environment you can be so cautious in your investment strategy that you forget to build wealth on the way. The name of this game is okay so if the dollar is going down every year what's the rate of inflation? Put it in chat and the job market is not getting better. You're going to have to start to figure out ways to get 20 to 25 gains to for it not to eat your dollar away. So you don't need 5. Ideally 22 tech to index but SMH is great QQQ is great value, VGT is great VO VTI but you don't need 5. You need to put that capital for the rest of the stocks into individual stocks while the 6040 bond portfolio is dying which I told you you don't need five. You need two. You can have it on. You can have on so much protection in your long term you're going to be mad in five years when that's when like all the bitcoin people be throwing the in your face like yo, we have 85, you have 10. How many you had on too much protection?

[Rashad]

I'm gonna, I'm just gonna say you.

[Keys]

Had on too much protection.

[Rashad]

You can't go, nah, wrap it up.

[Ian]

A triple condom on your portfolio. Crazy.

[Rashad]

Triple counter is crazy.

[Ian]

At some point you overdo it.

[Rashad]

I'm gonna just for the the sake of the question, I'm gonna give them five because they. I'm with you. So V, you said vt, those are overall S P indexes and then you said qqq. Yep, that's easy. So that's technology. So I'll give a different five just because I would rather do four, but we'll just do five. SMH is obviously going to be at the top of my list. I know somebody in the chat actually is in SMH a good investment. If you believe in the semiconductor story. If you believe in AI, even if.

[Ian]

You don't, you better believe in it. This is driving all GDP for America stuff. It's all the revenue for America.

[Rashad]

I'm trying to help them in. I'm just trying.

[Ian]

America don't run on Duncan. It's running on semiconductors.

[Rashad]

If you believe in anything we saying then yeah, that would be a solid one. Xlk the Spider fund is always good for technology. Xly I have a consumer discretionary and then I always do like my fourth leg is like that one is interchangeable outside of what you said, I think those make a lot of sense that it's more sector specific. Energy is something I'm big on right now. So XLU is there in terms of the next story or the next moment. I believe that's going to happen. Is there. And then I have this, this alternative to FDN which is first trust Dow Jones Internet Index. So when we were looking at how do we invest in Netflix because I think Netflix is still not done. I think the Netflix story is incredible. We've been talking about it all year. When I was looking at who has the largest allocation of Netflix in the. In the portfolio from an ETF standpoint FDM was, was the largest at 9%. It actually was number one that got passed. Now I think Meta is in. It has taken a spot as the number one spot in, in the etf. But I think that one's an interesting one. If we talk about the Internet of things and how this working and then a new one. You know what, I'm gonna save that one. I'll save that for Sunday.

[Ian]

Yeah. And Once again, you don't need five.

[Rashad]

You don't need them, but I'll save that.

[Ian]

Yeah, you don't need five. Locking on two. Pick the two, put the rest until the companies are going to dominate and move the GDP of America.

[Rashad]

That's it. So there you go, folks who talk.

[Ian]

On ball, who can hit a game winning for America. It's a few companies that can do that.

[Rashad]

Handful maybe like yeah, like maybe one handful.

[Ian]

Yes.

[Keys]

With government shutdown, how should future traders proceed?

[Ian]

Don't change your plan. If the government shutdown is wrecking your trading, you need to reevaluate your plan from the beginning. Your target should stay the same. I know somebody asked me should I scalp a particular set of features and swing a different. No swing and scalp the same ones. The target should not change based on macroeconomic environment. So a lot of investing in trading comes down to can you do the same thing over and over again. There's a reason why regardless of whatever tech issues we have in today market Monday still came on Mondays, it wasn't this Saturday. Stay locked in. If you can get 12 great trades on the year, do six short term targets, six long term, you'll be good. Then take 50 of the money, put it into long term assets, Nvidia etc Microsoft and then let those profits roll for a five or ten year period. Investing in trading is really easy. It's really just overcoming the hurdles of unworthiness telling you that you should not attain this level of wealth that you want to get to. But I'm going to tell you especially in this administration, you're going to need the money. You're going to need the money. Like things are going to become so expensive. We'll talk about it on Blackout that most people are going to be priced out of most things you have to invest. Like right now it's investor die. Right now you have no choice.

[Keys]

What's the best investment that you can make? Education has to be up there for sure. Ian invest.com Red Panda Stock Club has made millionaires for sure. One of these things is you have to stop spending money. You know it's like that thing of. It's like sometimes you spend money to make money that's in business, that's in proper education. Sometimes you spend money to waste money and that's like.

[Rashad]

The BBPs of the world.

[Keys]

Yeah good fellas when they robbed the Latanza heist and he was telling everybody like yo, don't spend any money. They just wait, just don't spend any money. And guy shows up With a mink coat of his wife had go to.

[Rashad]

Cadillac and take it back. Take it back.

[Keys]

If Jadakiss had a good line, he said, oh, hey, he used to tell me money. It was to tell me, if you can't save money, you useless. And the only thing you ever gonna have is excuses. If you don't learn to save your money, only thing you're ever gonna have is excuses. And it's always somebody else's fault.

[Ian]

Yeah.

[Keys]

You ever know that? You ever noticed that everybody that's broke only every. It's always somebody else's fault. While they're why they're broke. There's never any self accountability for the decisions that you made. It's always somebody else's fault.

[Ian]

Yeah. And I'll try and tell you, like, as the money increases, the lifestyle expenses don't have to. I know it's hard to. Because it don't look good on the gram. Freedom looks better than any of that. You're gonna post in them carousels. That's the goal. The goal is to be free, not to look free. The freedom. Now do y' all ask me, oh, why didn't you say that, bro? I'm free. That's why. But Stack, I'm keep telling every entrepreneur that's great on earth is working harder than ever. It ain't because they don't want to go to Hawaii for now.

[Keys]

It's not time. It's not time to. Like I said, even the Jared Kushner thing, like, if you like, even the other dude that he was with, he's like, yeah. I'm like. Because they like. He's like, I'm not in business anymore. I'm retired. They're like, yeah, well, your family still is. And they still benefited. He's like, look, I paid my own way to go to. They are going to different countries hustling. You have to. Nobody's. Nobody's not hustling right now. Like, if you feel like who's not hustling right now? Like, who's really not hustling?

[Ian]

The chairman and CEO of BlackRock. And this is the interesting part. Even with the valuation of crypto and tech going up, no one ever mentions how they're going to get the dollar back on track to go up in value. They just said, to hell with that. Let us invest in crypto.

[Rashad]

We're offering alternative.

[Ian]

No one will address it. What to do to increase the. The value of the dollar to get home prices back where they should be. And even in the job market, they keep revising numbers. Like when I first got into investor, I never heard them talk about revising job numbers. As frequent as they are now. The job market is in collapse. No one wants to say it. Everyone's working.

[Rashad]

We don't even. We didn't even get job numbers. Government shutdown.

[Keys]

Pivotal moment right now. Everybody's working, everybody's traveling and everybody's traveling. That's another thing too. If you really look at it like Jensen Juan is all over the world. Palantir, Donald Trump. Every week he's doing different deals and they like, everybody is taking a global approach.

[Ian]

You have to.

[Keys]

If you really been paying attention. Everybody's been all over. They've been in the uae, they've been in China, they going back and forth to South America. They running around Africa like everybody's we. When we did Jack Dorsey, he was in.

[Ian]

I have no idea.

[Rashad]

Undisclosed location.

[Ian]

Thank you.

[Rashad]

Undisclosed location.

[Keys]

But I really don't know. I know, I know.

[Ian]

Working though.

[Keys]

But he had a fan, a mattress on the floor.

[Rashad]

Using his Jack Bauer face is grandmo right now.

[Ian]

And everyone's like, yo, why doesn't he have more? He's already free. It's work time. Cute online than actually before. No, that's that secret.

[Keys]

You get fresh when the war.

[Rashad]

So you dress cute when it was on.

[Keys]

It's not, it's. This is. This is not the time to, to spend frivolously on things that don't matter. Not, not, not the moment. This isn't the moment for that right now. It's a fucked up economy right now. It's the, the rich. The rich are doing better than ever before and the vast majority of people are struggling. Money's drying up and it's going to be less and less jobs. Artificial intelligence gets more and more efficient. And the cost that. We're going to talk about this on blackout. The cost of living, the dollar has. Is dropping at historic rates. Cost of house. I know a realtor. I, I was on her stories today. I seen she posted a some place in LA for $8,000 a month for rent on the humble. Like the price of rent is going up tremendously. The price to buy a home is going up tremendously. The price of groceries, the price of school is going up tremendously. Wow. Jobs income is staying stagnant.

[Ian]

Yeah.

[Keys]

For 25 years. And while the dollar is minimum wage, dropping salary. Spooky. This is, this is a recipe for spooky hours.

[Ian]

I remember when I called my dad in 2016, I'm like, why is Blackrock and Blackstone buying all these houses because I was buying them in like where I'm from. Gary Sherville, Maryville. And he like, well, if he's putting them on their balance sheets, they know something is about to happen. Real estate has a value that won't go away. Same thing in crypto. Every major hedge fund was anti crypto six years ago. Now it's mandatory on the balance sheet. That is telling. That is telling. The value of the dollar is not going back up anytime soon. It's been in free fall since we got off the gold standard. It's not going to go back up. And other countries are looking like how America used to look.

[Keys]

And the thing about it too is, like I said, the people with money are making money at historic levels. The stock market is at all time high. Crypto has been booming. Gold is through the roof right now. Real estate is all time high. Anybody that has assets is making money at historic levels. The problem is the vast majority of people, the vast majority of our people have no assets or low. A low level of assets. That's the problem.

[Ian]

And as soon as it became in fashion for us to learn about this, look since 2020, how much they driven the price of assets up. That's, that's not a coincidence.

[Rashad]

But also look at the amount of brokerage accounts that have been open. So that's encouraging. So more people are doing it than before. But we still, there's still so many that aren't.

[Ian]

Yeah, we got a little faster.

[Rashad]

We got more.

[Ian]

We need more investor.

[Rashad]

Investor die. I mean there's no, there's no other option, bro. Really.

[Keys]

Get rich or die trying.

[Rashad]

Yeah, I saw somebody put in the chat what about ne next hour energy. And so that, I mean again, this energy is going to have his moment. But which is why I, I just said the ETF to eat that leads the, the XLU etf. And so not as much risk when you put it inside the etf. Which is why we always recommend that. So yeah, that's why I said xlu.

[Ian]

Yeah. Deploy the capital into investments though.

[Rashad]

Got to. Now you got to.

[Ian]

Yep. You got to sell expenses down, get out of debt as quickly as you can, own things free and clear.

[Rashad]

Yeah, yeah, yeah. And it's. And the crazy part is that, not even crazy part, but the, the six, five years, six years of market Mondays. If people, the people who started early, I mean, cooking. Cooking. But even the people who started this year.

[Ian]

Yeah. If you listen to raper you cooking, you're cooking.

[Rashad]

So now it's like how do we get more People, how do we make sure that we have a plan? How do we make sure that we continue invest? This is not just a one year thing. And oh wait, I made this money and now I'm out the market. Now you gotta, you gotta stay in.

[Keys]

This drought is coming. A drought is coming. Keep your, Keep your. Avoid large purchases and keep your monthly expenses low.

[Ian]

Low at all costs.

[Keys]

Your monthly expenses low. Avoid large purchases. Invest when you see opportunity to invest.

[Ian]

Yep.

[Rashad]

All right, quick earnings report. Quick earnings report. Because it's a, it's a big week. It's the start of that big season for earnings. We got Netflix tomorrow after closing. We got Coca Cola before. We got RTX. 3M is reporting tomorrow. We got Tesla on Wednesday after close.

[Keys]

G.E.

[Rashad]

Vernova, we've been talking about that one. GEV is a ticker. They were reporting Wednesday before opening. Vertive also will be reporting before opening. What else we got? We got intel that'll be interesting to see on Thursday. Intel will be reporting Honeywell and then we got some big ones next week. I think PNG is the big one on Friday. But yeah, some, some big, huge companies will be reporting and that's the start in the cycle next week. We're going to see Microsoft, we're going to see Apple, we'll see Meta as well.

[Ian]

To the CEO of Starbucks, you saying that you're going all in on AI is not going to fix the sugar problem that you have in your company either, by the way.

[Rashad]

Yeah, I'm not. I, I saw that. I read that. I just didn't know what he meant by it. His track record is.

[Keys]

He got a tremendous track record.

[Rashad]

We can't knock it. He's.

[Ian]

Yeah, great.

[Rashad]

He's done an amazing job. I just.

[Ian]

Yeah, unless he caught Elon and get them little robots and then get the human capital off the.

[Rashad]

That balance sheet. He's done it. I mean, yeah, we can't knock it. And he's the highest paid. I think he's the highest paid CEO in the country. I think.

[Ian]

If not top three.

[Keys]

Yeah, no, no, I don't know about that.

[Rashad]

He's not.

[Keys]

He can't be Elon Musk. Well, he's a trillion dollar package.

[Rashad]

He's the.

[Keys]

CEO. CEO.

[Rashad]

Yeah, he is.

[Keys]

He's not the founder. Never was a fan.

[Ian]

Yes. That definitely wasn't founder.

[Keys]

Elon Musk is not a founder of. Of anything Tesla. Anything.

[Ian]

SpaceX and. Or Starlink.

[Keys]

Starlink, founder of Starlink, founder of Starling. But he definitely not a founder of Tesla. Definitely not a founder. Number two of PayPal. Yeah, he brought, he brought the company over. That's the whole. We gotta do a whole case study of how that happened.

[Rashad]

He's number two.

[Keys]

Oh yeah, they just not counting Elon because he got a trillion dollar package.

[Rashad]

Yeah.

[Ian]

Damn. Patrick Smith making 164. Damn.

[Keys]

Can you talk about option play that you did in EY University or last year during the Mastermind?

[Rashad]

Oh man. Shout out to everybody that was, that was part of that. And so that was, that was. We went into the year thinking about where we were headed to next. And so we have four corporate core companies that we spoke about and Vertiv was one of them. So shout out to everybody that was in that call. Vertiv was one, Arista Networks Ticker A Net was another. And I think the biggest gainer was Celestica, a company that I just had been studying for about six months and saw how they were changing their business model again. Saw one of those metrics that I was looking for.

[Ian]

Right.

[Rashad]

Who are their hyperscaler partners? Meta, Google, Microsoft are all part of them. Watch how had pulled back and just thought this, this is an opportune time to invest in it. So we could talk about all those companies Micron, we can talk about tsm, we can talk about amd, but none of them have performed better than CLS this year. It took off, I think it's like up 197. Just quietly just making the killing and definitely making an ending in the portfolio for sure. But it was one of those things if, if you got that information at the opportune time and you executed on it, these are the, these are the rewards of it. And you know, the strategy we've always used is make sure that we buy time. How are we going to buy time? And so, you know, we got the call out to 2026. Then we, you know, as that kept rising, we said, all right, well the 100/30s passed, let's go for the 160 so that we get the 160 and now CLS is trading at where we at now we got 273. Right. So we're talking about, I believe one of them is up 600, the other one's like 470. And so that's, that's the power information, that's the power of doing research and really fracking a company. Like before I made that investment before I decided like, hey, we're going to tell this to the community, let me watch it for six months, let me not make the investment here. Now we're confident this is the time. And then we had a deeper pullback, obviously, with. With deep seek and everything in AI and so it became even a more opportune time. So some people got it in even lower than we did. But, yeah, we've been reaping the benefits of it. And that's the power. That's the power of making sure that you're in this the right place all the time. Right. It's not about being in the place to write. Be in the right place all the time executing on information. And these are the benefits, man.

[Ian]

I know somebody brought up beyond meat, but it was at 50 cent just because it jumped up to A$70. Beyond meat. CEO needs to be fired. Well, not fired. They need to take the company private. It's not a public. It was a good move for Covid era, But going back to investing in companies with real value. No. Yeah, yeah.

[Rashad]

Beyond. Beyond. What hit his peak during throwing them covert years.

[Ian]

Yep.

[Rashad]

Yeah.

[Keys]

That. That mastermind was pretty epic. You know, we did the mastermind last year. That was. That was epic because we don't do. We don't do events anymore for market Mondays. So that mastermind was definitely something. That was man. Information. He's open doors.

[Rashad]

That's a fact.

[Keys]

That was a. Keys open doors.

[Rashad]

Then we cooked you up there for probably like an hour 15. I went for an hour 45. Just straight information.

[Ian]

Yeah.

[Rashad]

Which is. I mean, that. That happens. And we had it. And we had AI and watched it happen in real time.

[Keys]

Keys open. Keys open doors. That level of access information, man, it's.

[Ian]

Like no high return.

[Keys]

Because at the end of the day, 90 of the stocks on the stock market are not good investments. That's why the theory is just buy index fund. Because it's like, all right, you're going. That's the safest way to go. But if you buy individual stocks, there's not a lot of good individual stocks. There's. If you just randomly pick a stock, you're gonna lose money. Probably.

[Ian]

Yeah.

[Keys]

Because a lot of stocks are not good stocks and they go down. Yeah, there's only a few. That's actually relatively. There's only a few stocks that's actually worth putting money into. So it's kind of like, you know, going to TJ Maxx trying to find that one thing out of a bunch of, you know, clearance rack. Like, you either gotta know specifically what you're doing, or you just get lucky. But luck only lasts so long for sure. Keys open.

[Ian]

So I'm here to guide you. Listen, if I made you money. Please put yes in chat.

[Rashad]

Please.

[Ian]

Tricky environment. And Even with the Russell 2000 melting up, look at the companies and the returns they had over the last two years and how long it took for the Russell to even push up. They had to have triple digit gains for that to happen. Scary times. I've never seen indexes have performers so strong in like the top four and then the rest be subpar. So.

[Keys]

Absolutely.

[Ian]

Yep.

[Keys]

Eyo University, we're having our regional meetup in DC this Saturday. We will be in dc. It also happens to be Howard Homecoming. So pull up on us.

[Ian]

Well timed and well planned for sure.

[Keys]

It's actually just a random coincidence, but you know, nothing is a coincidence. Everything happens in for real in the, in the correct time. Divine order. Red Panda Stock Club call this weekend Market Mondays. You watch the replay. If you missed the show, download it on audio or audio apps. Apple and Spotify. We got Blackout coming out 10 o' clock on Wednesday. We got Earn your leisure episode Shark Tanks on. We got Boy Robert. It's coming out 6 o' clock on Thursday. So you know, we're going to keep going until it's, until it's over.

[Ian]

But when is that? Miami D.C. prefer Versace.

[Rashad]

Target date. Target date.

[Ian]

And the great part is if you're, if you're disciplined though, this is probably one of the best environments as an entrepreneur to get rich in. Kudos to all the entrepreneurs who just had that. It is not party time. It is time for those. You know, this is like covet all over again without the virus being floated around. Time to lock in Magic. Next three. Fifteen. Lock in, lock in. You can go party after.

[Rashad]

Ain't no parties.

[Keys]

Angelo. He said best stocks to buy right now. Question mark, exclamation question mark. Exclamation question mark, exclamation question mark.

[Ian]

We just went over this all for the last two hours.

[Rashad]

Somebody help him. Somebody help him.

[Keys]

Yeah.

[Rashad]

Which one?

[Ian]

Over them. Tsm, asml, pick four. Lean on four. You only need four.

[Keys]

We literally just spoke about this for two hours.

[Ian]

But maybe he just got into the channel.

[Rashad]

That's what, that's what Community is about though, right? Like somebody gonna be like, listen man, let me, let me, let me help you.

[Ian]

Yeah, first vo, so it covers everything. And then after that, Microsoft, Nvidia.

[Keys]

I mean, but we literally said, we said, we talked about Apple, we talked about amd, we talked about Microsoft, we talked about tsm, we talked about mu, we talked about, you know who just got in.

[Ian]

Don't believe my guy.

[Rashad]

Hello.

[Ian]

See Good cop Back cop to. Sorry.

[Keys]

We also talked about bitcoin. We just talked about gold.

[Rashad]

Real estate in the beginning. I don't know, man. Not sure. I'm not sure.

[Ian]

Yeah, those.

[Rashad]

I'm not sure.

[Keys]

If only there was a show that provided information on a weekly basis.

[Rashad]

Oh man.

[Keys]

About stocks and crypto and what not to do. Best money practices. If only.

[Rashad]

If only Sounds like a great idea.

[Ian]

Great idea also too. Visa and American Express in combination are two great investments.

[Rashad]

Love Visa. Love Visa still in the portfolio for sure.

[Ian]

I told you we ran into methods. I never heard a person not want to talk about the economy that ran a company that controlled the economy. So I saw y' all cooking.

[Rashad]

Hey, brother.

[Ian]

Brother.

[Rashad]

Obi said don't sleep on Intel. Oh, Johnson and Johnson, brother.

[Ian]

Johnson and Johnson is good. Intel is.

[Rashad]

I'm not speaking on Intel. I'm just not invested in intel if you are. And yeah, I've seen it. It's had some gains. Congrats, man. I'm proud.

[Ian]

I'm proud to hear that.

[Rashad]

Yeah.

[Ian]

Get your coin.

[Rashad]

Yeah. And Uber too. We didn't. Uber would. Maybe we'll talk about next week.

[Ian]

But if you're Uber driver though, you better learn how to off board to something else though.

[Rashad]

The moment, that moment you got.

[Ian]

You got 15 months.

[Rashad]

It's brewing. Yeah, it's brewing.

[Ian]

Yeah.

[Rashad]

Yeah, that moment's brewing.

[Ian]

B. Mike, any advice on trading futures? Yeah, we'll cover it next week or be on a stock club called this Sunday.

[Rashad]

That's gonna be fun, man. That's gonna be fun.

[Keys]

We fit. We fit. We've hit the two hour mark. Say travels out there.

[Rashad]

Somebody said big homie, what you think about NVTS semiconductor core?

[Ian]

The.

[Rashad]

The semiconductors that I enjoy to invest in and follow. They're in SMH and they're in the top five in smh.

[Ian]

Yep.

[Rashad]

It doesn't mean that there aren't semiconductors out there that are make a lot of sense and you can make some trades on. I'm sorry about the ones I like to tell people because for long term easier explanation as to why they should.

[Ian]

Be invested in those companies and they're just superior companies. If you're trading it cool. Maybe you start to look to take a little bit of profit. But the end in the semiconductor spaces. Nvidia for sure.

[Rashad]

Yeah. I would start. I would start there and then look at the ecosystem that's created around them.

[Ian]

Tsm, asml. Well today cheat sheet day. Today's the time for.

[Rashad]

Yeah, this ain't the. You know because like we Start doing things like that. Like somebody might say, like, on semi, like, I understand it, that's for, you know, if you're talking about autonomous driving, if you're talking about evs, it makes a lot of sense. But there's still opportunities in the ones we talking about. So we gotta. We gotta stay there.

[Keys]

Park, show your love. Terence J, what's the deal?

[Rashad]

Yeah, all right, man. Y' all know how this works. Be good to each other. Hit somebody up on the phone, text them, call them. Reach out to people. Spread love to your people. Love is love, y'. All. Y' all be good. Blackout Wednesday, EYL Thursday, D.C. we on the wave.

[Keys]

Leave no bag. Please leave.

[Rashad]

Leave.

[Keys]

No. That's the last thing I'm telling you. If you're really out here chasing, you get into it, man. You gotta. You gotta take every single bag. And that's one thing that Rick Ross, man. Say what you want about Ross. I never seen so. But I never seen somebody get every single bag and not miss nothing. You never know.

[Ian]

Yep. Never know. Take it. Convert it to the market.

[Keys]

Get a life. Keep a bag coming, Ross. We booked Ross for Invest Fest. He had a show in New York. He did the show in New York, he came to Invest Festival, and then he flew back to New York to host. Host a strip club that night. Keep a bag coming.

[Rashad]

Yeah. All right, y'.

[Ian]

All.

[Rashad]

We out. Be good. Love is love. Peace. Peace.