The 85 South Show with Karlous Miller, DC Young Fly and Chico Bean - ARISTOTLE | The 85 South Show

Episode Date: July 28, 2023

Aristotle came back through the trap to drop some financial game. He discussed his start in the financial industry and how having the right woman in your corner is a benefit. You dont wanna miss this ...informative episode of THE 85 SOUTH SHOW! || 85 SOUTH App: www.channeleightyfive.com || Twitter/IG: @85SouthShow || Our Website: www.85southshow.com || Custom Merch: www.85apparelco.com  See omnystudio.com/listener for privacy information.

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Starting point is 00:00:00 This is an I-Heart podcast. I knew I wanted to obey and submit, but I didn't fully grasp for the rest of my life what that meant. For My Heart Podcasts and Rococo Punch, this is The Turning, River Road. In the woods of Minnesota, a cult leader married himself to 10 girls and forced them into a secret life of abuse. But in 2014, the youngest escaped. Listen to the Turning River Road On the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts.
Starting point is 00:00:34 Join IHeart Radio and Sarah Spain in celebrating the one-year anniversary of IHeart Women's Sports. With powerful interviews and insider analysis, our shows have connected fans with the heart of women's sports. In just one year, the network has launched 15 shows
Starting point is 00:00:49 and built a community united by passion. Podcasts that amplify the voices of women in sports. Thank you for supporting IHeart women's sports. and our founding sponsors, Elf Beauty, Capital One, and Novartis. Just open the free IHeart app and search IHeard Women's Sports to listen now. Welcome to Pretty Private with Ebeney, the podcast where silence is broken and stories are set free. I'm Ebeney, and every Tuesday I'll be sharing all new anonymous stories that would challenge your perceptions and give you new insight on the people around you.
Starting point is 00:01:23 Every Tuesday, make sure you listen to Pretty Private from the Black Effect podcast Network. Tune in on the IHeartRadio app, Apple Podcast, or wherever you listen to your favorite shows. Your entire identity has been fabricated. Your beloved brother goes missing without a trace. You discover the depths of your mother's illness. I'm Danny Shapiro. And these are just a few of the powerful stories I'll be mining on our upcoming 12th season of family secrets. We continue to be moved and inspired by our guests and their courageously told stories. Listen to Family Secrets Season 12 on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts. Summer's here, and with the kids home and off to camp, it's easy for moms to get lost in the shuffle.
Starting point is 00:02:09 On Good Mom's Bad Choices, we're making space to center ourselves with joy, rest, and pleasure. Take the kids to camp. You know what? It was expensive. But I was also thinking, if you have my kid, this is kind of priceless. Take her, feed her, make core memories. I don't have to do anything. thing. I don't have to do
Starting point is 00:02:29 anything. To hear this and more listen to Good Mom's Bad Choices from Black Effect Podcast Network on the IHeart Radio app, Apple Podcasts, or wherever you get your podcast. Hey, I'm going to add to D.C. what he thinks when he is. Man, we need to hurry and start. They care, we can talk about shit. Are we in here or then?
Starting point is 00:02:56 Okay, J-O-N, without further ado, please proceed to play me's pimping man. Let's get it. Because it's been a little minute since I heard me some pimping on the motherfucking show. I said it's been a little minute since I heard me some pimping on the 85 South. You got the same piece of shit, Jay. Let's get it. It's been a little minutes since I heard me some pimping. Get in the studio.
Starting point is 00:03:24 Let's go, let's do it. I've seen some shit down. Y. I said, it's been a little minute since I've heard me some pimper. Yeah. Come on, man. Let me get some of that bud, man. Oh, yeah.
Starting point is 00:03:34 For Colorado. Get you some. Colorado. Yeah, that's straight from us. What you got? Oh, shit. Damn, my buddy. Kimbleau.
Starting point is 00:03:42 Yeah. Yeah, I don't need nothing but a little dude. I said, there's been a little bit since I've been listening to the show though. Uh-huh. Yeah. How much tears in here? I'm like that. I'm like that.
Starting point is 00:03:55 Crazy nigger that you went to school with. 35 TAC? Yeah, but I stuff this in a jar. You know I'm cool. Like I stuff, like I went to another dispenser and you. That's black and some blue shit. That's got some shit. This too, this is 35.
Starting point is 00:04:09 TAC. I'll smoke a 65. You ain't even seen it before. This too much. Anybody likes it with some. I'm riding in that motherfucking. Hold up. Hey, he's crazy in hell.
Starting point is 00:04:18 This is a trick on his shit. Anybody got some homegrown? Hold up. You got some homegrown? I got some homegrown. Oh, hold up. Forty-five percent T-A on here. Damn, my mom.
Starting point is 00:04:30 You got some? You got some? I got some, but it's over there. Where is it? It's over there. I'll be back. That one bud, man. That nigger, he got the crack.
Starting point is 00:04:40 Nobody want to smoke your reed crap. Yeah, man, 65% T. I'm like, nobody's going to be that high, man. Nobody in life want to be that high, man. Keep you shit in the 20. Keep you shit in the 20. man you don't grow when you get older the TAC ain't supposed to get older with you it needs I'm smoking 65% of the day you're about you smoking crack man that's
Starting point is 00:05:08 that what that was stink friend and they say yeah that 35% smell like garlic that's the highest of the highest garlic booted gold I want to be on ground I want to be on the earth I don't want to feel like my booty is itching I want to be on the ground It'd be so hot, like, y'all feel that? Yeah. Like, man, jail, man. You feel that, man?
Starting point is 00:05:32 This shit crazy, man. Why we're on the poster, man? Hey, this poster hard and the motherfucker. I ain't know. Hey, this shit hard. Whoever did this shit, they did their time, man. Kilt that, motherfucker. I need this motherfucker in my house.
Starting point is 00:05:47 Nah, this shit hard. Yo, y'all, y, y'all, y. My boy Lose with the go get me some weed, man. I ain't calling in here. the weed man I'm just saying he would get some weed man I'm not calling him the weed man hey no's what to go get some weed man I'm not calling him the weed man my nigger loves got to the weed man hey I'm not calling him the weed man no I hope this yeah you know we got to smoke up on the best we got some shit and make a song
Starting point is 00:06:24 about some breasts yeah yeah yeah the show ain't really shit without no guess so we don't have to go and get the best yeah my girl's thought he and she undressed yeah you want me to suck both breasts i said yes yeah hey he said yes he's don't be rude but i'm the type of dude that's gonna grab a sucker by the boo yeah yeah a vet not a rookie yeah get in trouble grab by the pussy don't say that out loud get in your mind. Yo. Don't say it out loud and if you do just say you lying.
Starting point is 00:06:58 Yeah. I do it all the time. Hey, I'm just playing. She's like... All right. Everybody, welcome back today for ourselves, sir. Yes. I ain't calling you no weed bite.
Starting point is 00:07:10 Yes. Hey, this is your weed bite. What do we need? But I ain't call him no weed mine. Hey! Come on. My nigga lost to weed back. Come on.
Starting point is 00:07:21 But I'm not calling him to weed mine. I smoke weed, man. My nigglose the weed man. No he not. Hey, but I'm not calling him the weed man. Appreciate ya. We appreciate that. So yeah, you know exactly what it is, man.
Starting point is 00:07:35 Welcome to 2027. We went to the future and recorded this episode and came back and dropped it. Oh, yeah. So by the time 2027 happens, we'll have something to watch. Y'all see what T.H.C. 65 do? What? It made niggas think we in the future.
Starting point is 00:07:57 What you mean? Listen. Why you talking, man? What's in the weed bite? I ain't calling you the weed bite. I appreciate that. But like I was saying, yeah, this episode is from the future. Now, I need everybody to put their serious face on today and grab your thinking, Cap if it's close back.
Starting point is 00:08:18 Fast. Because we got a hell of a guest with us in here today. Yeah, for sure. And I'm glad you in here. you in here because I didn't want you to miss this one you know I'm all way about investing now right we need our everybody go get all your accounts turn that down we're getting serious business put them put them together every little every little bit of money you got I'm gonna grab the change y'all
Starting point is 00:08:39 yeah go grab everything you got because we're gonna show you how to invest your money oh yeah just you know I'm there yeah right you making me the weed buy hey I ain't calling you the weed buy But look, man, we got a spectacular gas in here holding it down with us in the trap today. Oh, yeah. And I know y'all didn't already kicked it back and forth and already made a few goddamn gazillion dollars. Tried to.
Starting point is 00:09:08 Tried to. But this is one of the coaches young brothers out here in the investment game, man. And it's always honor and the privilege to sit down and talk good shit with him, man. Nothing other than Aristotle. What's having him? What's hand in? Investment. What happened?
Starting point is 00:09:23 Yeah, yeah, yeah. And this is gonna be one of them episodes where it's gonna be just as fun and education. Right, because you're a smart, giftly young brother when they come to this shit and just give them the brief rundown if they missed the last time you was in here, let them know kind of how you got started with this shit.
Starting point is 00:09:41 So I got started investing when I was in the military and uh... Turn the fan off in the hall if you don't mind. We would like we like total concentration when people talk right that all that's that yeah go ahead no they heard okay black ass show won't go over oh shit let this shit rap tell them these things yeah they heard it niggins go run it back and be like yeah go put the self-touch on it gonna cut it up so Aristotle how did you get started how did you get started they get it let's get it so I got started when I was in the military I was I
Starting point is 00:10:19 joined the military when I was 18 years old 2014 I got started when I was 20 years old I started investing my money I started at barber when I was 18 so I self taught myself how to barber by just going on YouTube where yeah who the fuck let you just practice only hair cut that's that's a great question needs an arm ain't got nobody to cut their head that's the point so you know we get straight out of the basic right right so you know we already got ball head oh yeah just so any so anything is better than
Starting point is 00:10:50 the bald head a man just imagine having what you say i feel you go ahead but you get what you're saying like as soon as a nigga get out of basic the first thing he's thinking about is like how can i get fresh right so also they want to save time so if you go to the barbershop it's going to take a long ass time right so you got to pay for that shit so if it's a nigg in the bear saying hey i cut hair people going naturally want to go to him so that way they ain't got to leave they can enjoy their time play their video games convenient so that gave me time to really practice on their heads and yeah i was fucking up you know what i'm saying you know how you got to keep the shit real fucking they keep it real right but i was charging five dollars a cut at that time that was 2015 don't fuck up prices right
Starting point is 00:11:37 yeah don't fuck up prices you know how this year go five dollars that she's come to a little all right all right then you're gonna get one all right so i was charging five dollars but it's a crazy thing I left out of AIT with $2,000, so I got good. You know what I'm saying? So I left out of there with 2,000. I was only charging five. That is a lot of fucking haircut. Yeah, yeah, I didn't play.
Starting point is 00:12:01 You want me to tell you how I was able to do that? Because I got in trouble while I was in the military when I was at AIT. So because I got in trouble and I couldn't go out, I was forced to stay in my room. So you can't go out on the weekends if you get in trouble. Hey, you have a grown man to get in trouble. Don't say it. Yeah. It might fucking benefits.
Starting point is 00:12:19 Yeah. You know, I got in trouble in the military when I was in AIT. You get in trouble for anything, gambling, all type of shit. Having holes, breaking holes back to the shit. You know, just a petty shit, pro. Yeah. I'll tell y'all after this shit. Then you'll know why I couldn't say it okay.
Starting point is 00:12:38 But anyway, a guy in the library or something, you know. But you know what's crazy? But you know what's crazy? Saving that 2000 taught me something. taught me something that I got the discipline and it also taught me how to be on lockdown so I'm on lockdown I can't go outside no more and this is a six month of training so I only had a month outside and then the rest the rest of the five months locked down for the rest of the time I was there yeah you did something fucked up yeah you were just like you was close to now what it is is what it not it ain't even that I didn't get in trouble it's just they'll prolong it on purpose That's your punishment, not to go outside. And then at the end, all right, we saw the case.
Starting point is 00:13:24 It is what it is. You know what I'm saying? They try to technically make you do something. It's almost like out of jail, make them sit in the jail, even, you know what I'm saying, until they figure it out. So it was like that. They had a hold on you. Yeah, well, it weren't.
Starting point is 00:13:38 You know, I can still do everything on post. I just can't go off the post. So I was in Augusta, Georgia, at Fort Gordon. I was IT. So that shit sucked because I wanted to come. kind of chill in Augusta a little bit, but couldn't. I went to the mall twice, and that was it. Right.
Starting point is 00:13:56 So, but anyways, once I got to my military base, I requested to go to Savannah, Georgia, because I wanted, because I'm from Atlanta. But I was in Kansas when I left, I left from Kansas City to go to Basic Train in South Carolina, then we went to Augusta. Then I got to Savannah, Georgia. And I started barber and picking out where I left off again.
Starting point is 00:14:19 So I got there with about three racks. They put me in the barracks room. First thing I'm doing is looking for clientele. So how I built my clientele was different. The first time I built my clientele because niggins was just at the bear's room. So I'm like, damn, I'm moving to a new town. Got no clients.
Starting point is 00:14:35 How the fuck I'm gonna get clients? So I'm saying all this, because all this playing to why I started investing. So first thing I did to market my business when I moved to a new town was going on Facebook Marketplace and go to the yard sale pages. So I went to the local yard sale pages, and that's how I got my clientele. I posted my haircuts, say, hey, I'm in town, I'm a new barber, and I owed the price to 10.
Starting point is 00:15:00 Because I was like, shit, I got the talent, everything good. So once I got me a clientele, I had about, shit, after marketing on sneaker, local sneaker pages, local yard sale pages. Shit, I had about 100 people a week type shit. Damn. a steady clientele so shit by the time i was 19 years old i was making 3 000 a month cutting hair and uh 2 000 a month from the army so i was making 5k everybody else was just making what the army made them so i was making a lot but i would put up all my money in the safe in the barracks room so one day i was like damn i got about 10 000 on me from barber money
Starting point is 00:15:46 but the reason i was able to say that because remember i saved 2,000 worth of five. So now I was like, damn, how much I can save with tens. Right. So every time I try to up my shit, you feel me? So once I got about 10 racks, um, I took it to the, to the bank and to deposit it. And the lady was like, why don't you invest this? So what lady? At the bank? They're giving financial, what bank is this? This was Navy Federal. Oh, okay. In Hinesville, Georgia. So, I'm like, invest, so that was the first, but then, and then another, another time a dude put me in this class with some dudes who was teaching some Forex. It was like a little free class we was attending.
Starting point is 00:16:30 And then that was the first time I seen it. So I was like, you know what, maybe I'm gonna invest. So I googled it. I googled this shit, but at first I googled how to make money from your cell phone because I was like, damn, the army taking 12 hours of my day. I gotta wake up at 5 a.m. and I don't get home to 5 p.m. So niggas don't say that. We work. 12 hours a day five days a week yeah so so like I was like damn I ain't gonna never make no money because you know as soon as I get out of uh soon as I get out of work at five I start cutting hair all the way to about 11 so I only get one hour free time so I would so why everybody else probably play video game I'm hustling cutting hair I cut hair every day because I was on lockdown so I'm treating myself like I'm on lockdown as soon as I get there um so
Starting point is 00:17:19 yeah i just decided to start paying my uh i decided to start learning investing and uh the first thing i did was research it and what came up was a few apps i remember it like it was yesterday stash app and uh this app called uh acorns so i go to doing my research on acorns i'm like okay i fuck with this so what acorns did to make a long story sure i put in about 2 000 and see what to do but i was like fuck it i'm gonna just keep putting in money you feel me like so then i'm noticing once i put in about 4 000 in there i made about 700 so i'm like how the fuck did i make 700 though right you get what i'm saying so that's when i got real intrigued because the fact that i made 700 from acorns and i only put it in 4 000 so i'm like how the fuck is this
Starting point is 00:18:10 shit making me money and i put it on aggressive i put it on the most aggressive one so i guess me being intrigued with how acorns made me money was like I need to learn how to invest it myself right so I'm ahead of the game I came up with this plan though because I suck that saving money even though I was making five a month I got I get me a pair of Jordans every you know what I'm saying do a bunch of shit eat out every day all that so you're spending your bills and winning yeah yeah you get I'm saying high consumption lot yeah yeah so I was like hell not debt to income ratio yes sir yeah so I'm making five but I'm spending a foe 5, 4.5. You get what I'm saying? Yeah. So I was like, hell no, I cut off everything. I cut off cable, internet, all that shit. And I was like, all money in got to go to investing.
Starting point is 00:18:58 Because I saw this chart. So this chart is the reason I'm rich to this day, because it was this chart. It said, if you deposit $100 a week until you about $65, you'll have a million dollars. So I was like, that shit don't make no sense. Like, why should I wait that long? I'm gonna try $200. You get what I'm saying? And then next thing you know, I'm like,
Starting point is 00:19:19 hell no, I'm gonna try four. So every time I'm showing on the graph that how much more I'm gonna deposit, the time left for me to retire went down. So I'm like, damn, I retired by the time I'm 55? Fuck that. Let me see what I happen if I, what if I can get there by 30 years old
Starting point is 00:19:35 in nine years? So it said I would have to deposit about $3K a month to be a millionaire in nine years. So I said, hell yeah, that sounds like a goddamn planning me. So I said, you know, I'm going to stick with it. While everybody else focused on all this other shit, I just figure some shit out. So I was like, hell, nah.
Starting point is 00:19:56 But the only way you can get there in nine is to invest because you got to get some return on your money. Your money got to work for you. Right. So I was like, okay. So if I save my way, it's going to take 20. Right. But if I invest my way and get about 10% a year, I can get there in 9, 10 years. So it started with that. So I went with my plan. I took my money. Once I figured out how they was making money, I figured out Acorns was investing the money into the regular stock market. Right.
Starting point is 00:20:28 So I was like, man, okay, that's how they made me my money by literally investing into an ETF called V-O-O, which is Vanguard ETF. And I'll explain what the ETF is. The ETF is called exchange-traded fund. And what it is. is a committee who selects like hundreds of stocks based on whether they're profitable and a good company and then that ticker you can you can use that ticker so let's just say this ETF has Apple Google Facebook meta Amazon they got they bought all the stocks so you can invest into their fund so that way you feel diversify instead of you yourself going to buy all these companies you could just buy a company who bought all them companies
Starting point is 00:21:11 I already got that. Yeah, exactly. So I was like, so that's why they told me I'll get exposure to these companies. Because I'm like, how the fuck, if I didn't buy them individually, how do I get exposure to them? So I figured it all out. And I was like, okay, I'm gonna take my money out of acorns, put it in their Robin Hood. So it went from stash to acorns to robin hood. So now I'm on step three.
Starting point is 00:21:32 Then I figured out how to buy shares with the money. For My Heart Podcasts in Rococo Punch, this is The Turning, River Road. I knew I wanted to obey and submit, but I didn't fully grasp for the rest of my life what that meant. In the woods of Minnesota, a cult leader married himself to 10 girls and forced them into a secret life of abuse. Why did I think that way? Why did I allow myself to get so sucked in by this, man and in thinking to the point that if I died for him, that would be the greatest honor. But in 2014, the youngest of the girls escaped and sparked an international manhunt. For all those years, you know, he was the predator and I was the prey.
Starting point is 00:22:28 And then he became the prey. Listen to the Turning River Road on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts. Welcome to Pretty Private. with Ebeney, the podcast where silence is broken and stories are set free. I'm Ebeney and every Tuesday I'll be sharing all new anonymous stories that would challenge your perceptions and give you new insight on the people around you. On Pretty Private, we'll explore the untold experiences of women of color who faced it all, childhood trauma, addiction, abuse, incarceration, grief, mental health struggles, and more,
Starting point is 00:23:09 and found the shrimp to make it to the other side. My dad was shot and killed in his house. Yes, he was a drug dealer. Yes, he was a confidential informant, but he wasn't shot on the street corner. He wasn't shot in the middle of a drug deal. He was shot in his house, unarmed. Pretty Private isn't just a podcast.
Starting point is 00:23:29 It's your personal guide for turning storylines into lifelines. Every Tuesday, make sure you listen to Pretty Private from the Black Effect Podcast Network. Tune in on the IHeartRadio app, Apple Podcast, or wherever you listen to your favorite shows. Your entire identity has been fabricated. Your beloved brother goes missing without a trace. You discover the depths of your mother's illness, the way it has echoed and reverberated throughout your life, impacting your very legacy. Hi, I'm Danny Shapiro.
Starting point is 00:24:03 And these are just a few of the profound and powerful stories I'll be mining on our 12th season of Family Secrets. With over 37 million downloads, we continue to be moved and inspired by our guests and their courageously told stories. I can't wait to share 10 powerful new episodes with you, stories of tangled up identities, concealed truths, and the way in which family secrets almost always need to be told. I hope you'll join me and my extraordinary guests for this new season of Family Secrets. Listen to family secrets. Listen to family secrets. Family Secrets Season 12 on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts. The OGs of Uncensored Motherhood are back and badder than ever.
Starting point is 00:24:49 I'm Erica. And I'm Mila. And we're the host of the Good Mom's Bad Choices podcast, brought to you by the Black Effect Podcast Network every Wednesday. Historically, men talk too much. And women have quietly listened. And all that stops here. If you like witty women, then this is your tribes. With guests like Corinne Steffens.
Starting point is 00:25:06 I've never seen so many women. type predatory men. And then me too happened. And then everybody else want to get pissed off because the white said it was okay. Problem.
Starting point is 00:25:14 My oldest daughter, her first day in ninth grade and I called to ask how I was going. She was like, oh, dad, all they were doing was talking about your thing in class. I ruined my baby's first day
Starting point is 00:25:23 of high school. And slumflower. What turns me on is when a man sends me money. Like, I feel the moisture between my legs when the man sends me money. I'm like, oh my God, it's go time.
Starting point is 00:25:34 You actually sent it? Listen to the good mom's bad choices, podcast every Wednesday on the black effect podcast network the i heart radio app apple podcast or wherever you go to find your podcast do you remember vine it changed the internet forever and it vanished in its prime i'm benedict townsend and this is vine six seconds that changed the world the untold story of genius betrayal and the app that died so that ticot could thrive from overnight stars to the fall that no one saw coming we're breaking down what made vine iconic. Listen to Vine on the I-Heart Radio app, Apple Podcasts, or wherever you listen to podcasts.
Starting point is 00:26:16 So I start buying shares, and then I bought everything, like just bought it, Facebook, SQ. But then it was marijuana. It's funny because my initial money came from marijuana stocks. I literally came in at the start of the marijuana boom. That was in 2017. I put all my money into marijuana stocks. That motherfucker flipped from 3,000 to 14,000. But I also had Apple, but I had other stocks, but 50% of my money was in marijuana. So say marijuana, explain to the people. Marijuana stocks.
Starting point is 00:26:53 Stocks. Marijuana stocks, which includes. CGC, canopy growth. I invested in the Kronos group. I invested in the Tilrey. That made me a lot of money in CGC. And then it was one more cannabis stock. IGC but they got closed down
Starting point is 00:27:11 so I remember it so vividly so I was excited I'm sitting here telling folks like this is how I'm making money so I'm in the Army I'm showing my $14,000 account and you gotta think we live in barracks you get on saying like we don't come
Starting point is 00:27:28 from a lot we all making like you live in a barracks you make $900 every two weeks if you do four years in the Army, that's how much. Now it's, now with inflation and all that stuff, these guys probably get like $1,100 now, something like that. But still, that's not a lot, $2,000 a month. So everybody like, hell, yeah, you know, I'm a barber too, so already people used to buy it from me. Right. So I'm making money now. Every time a person get in my chair,
Starting point is 00:27:58 you got to buy my $5 book on cash out too. Yeah, bro, I invest. This is what I do. Show them my account. So not only that, I'm making $5 on top of my haircuts. Everybody to get in my chair and then he gonna tell a person hey bro that's a dude who's making his money so now i'm famous around the area for are you the dude who showing people how to make money so everybody hit my line because you know i was a barber so everybody already got my number my number public hey bro show me how you did that show me how you did that show me how you did that because you know whenever a finesse come out everybody want to know y'all know how that go in the hood so in the army it's the same way if anybody figure out how to make money
Starting point is 00:28:37 knocking on your door if you got anything you get i mean so i'm like that guy i'm hood famous at that point i got the book but i'm selling it off cash app so i'm like so i so everybody get my book but then i was like they still come to me with questions so i was like so that's what motivated me to want to learn that shit even more right because i wrote the the first book and guess what i sold that book for five dollars i made about three thousand on cash shop so i'm pushing it around a lot. Right. People who, even people from high school, because I was marketing on Instagram and shit,
Starting point is 00:29:14 they was like, yeah, hell yeah, I buy it because it's $5. Who gonna say no? And then you're showing them proof. You show them how to get some money. So I always, so this shit is like what I've been doing. So shit, I'm 21 years old, net worth. I'm still in the Army. I got three years left in the Army.
Starting point is 00:29:33 I didn't made about a 40-50 cash. and investments, right? So I'm like, damn. So I had this girlfriend at the time. So that's what kept me, because instead of fuck with all the holes and shit, I could stay focused, do my thing, and then, you know, I kick it with Sharkey. But she weren't just anybody. She was valedictorian her high school.
Starting point is 00:29:59 She was actually a smart girl. And I was smart. That's how I felt about myself. So, not damn. I'm just investing my money, teaching people and shit. And then one day I was like, damn, like, people on my Facebook want to see my life. They don't want to see my invest in shit. So I was like, let me just go ahead and make me a separate page.
Starting point is 00:30:20 So then I'm just posting just free content on there. But I could be honest because this shit, you know, just keeping it on 1,000. So at that time, I'm making. Don't say, don't say what you, get like an estimate. I got you? Okay. Yeah, numbers scared us. Yeah. We'd be scared of numbers. No, no, y'all good. This shit don't, because people got to know how you really got to them.
Starting point is 00:30:43 Right. So I'm in the Army, they paying me about 4,000 a month because I end up getting married to the girl I was with. Because like we, we, like during that time getting paper and all that, we fell in love and shit. Yeah, yeah, yeah, yeah. Money makes love man, man, so 4,000. I'm making 4,000 a month for the Army, 3,000 for cutting hair and about 5 from investing. Then I'm selling books at the same time. So I'm making a 20,000 a month at the time but i'm only living off about 3 000 of that so now i got 17k a month to go crazy with but instead of buying jewelry doing anything stupid i decided to keep reinvesting my money that's 17 so you know i nip say all money in right so i'm like fuck it now i got a 17 to play with so everything was just at my disposal everything was cheap back in that day like the as was cheap so i'm buying ass I'm buying services.
Starting point is 00:31:38 I'm buying books to educate myself. I'm doing everything I can with this 17 every month. You get on saying, residual. And so I buy another book. I mean, I write another book at the time, and that motherfucker go viral. Made me 500 rats. Damn.
Starting point is 00:31:56 Yeah. So I'm already made about a 70 or something investing, doing my thing. But go viral across the trading community. Because it weren't no, it wasn't nothing like that. A $20 book that's going to actually teach you. Right. And then they're seeing the reviews I'm posting.
Starting point is 00:32:13 Right, right. Crazy. Everybody, if you traded options in 2018, you had her start a book. Real shit. Like, so now I'm a folk tale around the trader community. Right. I ain't got no nothing, no service where I teach people privately. I ain't got no videos out, nothing.
Starting point is 00:32:28 Right. So next thing you know, I start, um, shit. Yeah, next thing you know, people just came to me and was like, hey, bro, if you teach me, I pay you $100. So I'm like, I ain't never had no, nobody requests me. You know what I'm saying? Right. I'm just used to doing my thing. Right.
Starting point is 00:32:49 I'm already 500,000, half a million up. Up. You get what I'm saying? Oh, stay down. So that's when I started my program. So I was already kind of, you know what I'm saying, up there. But when I started this shit, and then I started my program. program because my wife told me she was pregnant and shit. So yeah. And then she ended up
Starting point is 00:33:11 me with my business. She ended up on top. Yeah. She even edited my book for me. She made a website for me. Um, everything like everything that was part of my business, she helped do. It's just, that's one thing I had to tell young men too. You got to be the mastermind. But you got to point her for everything so we like the point car we cp3 right just a man you know what saying so that's me i'm i'm telling her to do every single thing like do this make this west like do this say it like that do that do that and a lot of niggas they feel like when they get with a girl they want her to do the work right she can't you know what i'm saying she can't hold down the house and be the brains and work can't make her do all three you got to let her focus on her strength
Starting point is 00:34:03 so that's what i did i said quit your job focus on your strengths which is just she was just a college girl so she got down she knew all that shit and then you know she took honor classes her whole life she was valeditorial in her high school so this shit was easy work for her i'm telling her to do real-life class projects she was making this sales spreadsheets for my customers she was uh and that's what helped scale my business the fact that i'm having her do everything i even I handed over all the money, look, pay the bills for me, do this, do that, and I got that from my mom. My mom would have my stepdad work, and she would make the spreadsheets, do all that. So I took that formula from her.
Starting point is 00:34:46 I was like, look, I watched my mom, he brought the money home. She made a spreadsheet of everything that was spent. So I said, track every dollar, and then track every customer, pay every bill for me. I said, I only got a little bit of time because I'm in the military. So I said, when I get home, I got to be working on this business. You feel me? And then that's what allowed me to scale so quickly because I got her working on the business. But then in the Army, a nigger, basically, this is how I was able to become a millionaire.
Starting point is 00:35:19 Right. Because. All right, let me ask you this before you go to this. So you're making this money, you're still in the Army. And at what point do you just like, man? quick fuck this shit because it's like quickly
Starting point is 00:35:32 I was known for that fuck this shit I ain't even get it was to the point where they didn't even make me get down and do push-ups I'm pulling up in I'm pulling up in the
Starting point is 00:35:42 2019 Camero in 2019 and I got and people know my pay grade is one of the lowest you're not supposed to be pulling up in a $60,000 car and you ain't even making
Starting point is 00:35:56 $60,000 No. Not on that. You're late, nigga. Yeah, I'm late too. And you're out of your own. And you're out of you. And then like, man, what the hell are you being, man?
Starting point is 00:36:07 And then I bought two cars. I bought my wife a car to a Chevy Blazer. That was a $50,000 car. The nigga, like, okay, you got $100K in cars. We know he invested. And I was already known. You know what I'm saying? Yeah.
Starting point is 00:36:20 So it gets to a point where, like, higher up, starting knowing who I am. And they pulling me to the side, like, hey, fuck the bullshit. I know everybody mad at you, but I'll try. trying to learn you get on saying like that's what impressed me because I'm like damn like it's motherfuckers offering me bribes to get in what I got going on instead of trying to get me in trouble I mean but he just says regular people he didn't say army people but can you in light can you know we we talk I talk
Starting point is 00:36:44 all the time right I'm saying we women love us right we just talk I talk can you enhance on because today's time and the way the energy is right women ain't the the idea woman that you just described like how your mom is and your woman is they must I want you to get the money yeah my mom was the example you spend the money on them like yo your woman helped you with spreadsheet yeah know where the dollar were going and she had the brain smart to say I I know what you're doing but let me put it on paper so you can see it can you in hands like having a great woman on your side can help elevate you outside all these I'm gonna tell you the truth.
Starting point is 00:37:27 I ain't talking about shit. I'm some real shit. This is what helped me work hard. So my wife is a very clean woman. I'm very lazy, meaning I don't like to clean up after myself. I just want to get money. You know what I'm saying? Yeah.
Starting point is 00:37:46 You know what I'm saying? Fuck that shower, man. I'm a groom myself. But shit, like, she would just, she the type of person. type of person to, if she got a school, if she got some homework, she's not going to stop. And as soon as she get home, that's the first thing she's going to do. Never seen that in my life. Usually, you know, I'm a type of, I'm going to play this video game, take a nap, try my homework.
Starting point is 00:38:14 Not when I first go home, I'm trying to do everything except that. So she just had a very strong drive. And the reason why that helped me, because I'm like, how can I be lazy if my queen not? So it motivated me, but I can only imagine if she lounged around and was lazy as I was, it would rub off on me. It would make me want to be ambitious, but I felt like she was going places. Because for one, she got a full ride to school. She was valuable touring her high school. I just felt like the world was in her, at her palms, and I'm just this military nigger.
Starting point is 00:38:50 You know what I'm saying? Like that time, so I'm like, hell, no, I got to. So that's what made me hustle for real, too. seeing how not lazy she was. You get what I mean? Mm-hmm. So all my partners had left to Hawaii, so I really didn't have no partner,
Starting point is 00:39:05 so all I had was her as a friend at that time. You feel me? Deep. That's lit. Yeah, real shit. You heard them, DC? There's women at home talking about some look at there. They make, I ain't trying to do no spreadsheet.
Starting point is 00:39:18 No, you got to. The woman, the man should, real shit. Like, she should pay as a man. As a man, you shouldn't have to worry about the bills being paid. You shouldn't have to worry about nothing. Like, the only thing you should be doing is working and coming home. You shouldn't have to wash a dish. I haven't washed a dish in six years.
Starting point is 00:39:38 I haven't fixed my own plate in six years. I don't do that shit. But, like, they make you. You rich, d'nag. But, no, but you see what he's saying? He got a real strong backbone that makes you want to do this shit. That's what he's saying. Had he not been rich, you're rich.
Starting point is 00:39:54 She's been going half. No? No. Your turn, baby. I ain't doing it. She over the head, she's on shit. I'm just saying. It's shit.
Starting point is 00:40:04 It's got that money. She said without the money, she wasn't with you for no money. Nah, hell no. That's the thing. Yeah, we got together. I got rich two years after marriage. Yeah. Yeah, she helped me get all, like ours.
Starting point is 00:40:17 They gave you five years to get rich. Yeah. You don't get rich in five men. You get rich. go from my baby to this nigger here my roommates well where we're gonna wait till they get rich they're not all right then shit that's too tired of waiting on much no i don't know where the fuck the where all the rich women are the only part he's saving niggas they're gonna make more so they're supposed to help you make more they're all the part that they got me when he said you know
Starting point is 00:40:45 you put them in the house cooking clean you ain't got to work that's shit with the right plan oh no no no you're trying you sell every camera time time time She worked for me. That's the point. Oh, pop your shit, man. Yeah, yeah, she worked. She got to work. That's what I'm saying.
Starting point is 00:41:00 You come with the right plan and you find a woman with the right set of skills. Y'all, that's what I'm telling you on me. Ain't your shit got to be right. A woman ain't just going to believe no loose-ass plan. Like you got you actually doing this shit. I'm not telling you. You're not going to tell them a plan? No.
Starting point is 00:41:16 That's why she's not going to make this phrase for you. There's a plan within a plan. Nothing is unfold the entire plan. You go back to another thing. This is what he got going on. Man, you don't have no trouble. You don't give everybody to play in D.C. But the one, he had one lady.
Starting point is 00:41:33 No. I ain't even gonna care. I remember me, like, putting up some investment type shit. And the motherfucker was like, man, cut that shit off. And literally, the shit that I learned from the investment, I ended up making some money off of it. But I remember you telling me, like, it's not about the amount of money that you put in.
Starting point is 00:41:52 put in because a lot of people think that you're supposed to put in 10,000 dollars, 15,000 and just make some money. No, I'm going to show you what he did with a million dollars that you could do with $100, that you can do with $200. Yeah, but he stayed in it. Yeah, he stayed flipping. Flip it. Niggas don't know how to flip. Yeah, you got to leverage your money instead of trying to flip your money. You get what I'm saying? So like leverage your money, mean that's pretty much what he's saying like, okay, so the regular nigga going, like he said, If you got 5,000, a person, I'm like, okay, I got 5,000 to try to go make 10 all in. Right.
Starting point is 00:42:27 You get what I'm saying? No, did what you're supposed to do. You're supposed to use risk management. So you're supposed to, let's just say you got 5. Right. Don't use no more than 1. So that way you got 80% of your capital level just in case you fail. Right.
Starting point is 00:42:40 So let's just say you lose that one. Cool. I got 4 more to go. Right. But if you put in the whole 5, you lose 50% of your money, now you got 2.5 left. Right. You get what I'm saying? So it's like, I tell dudes use risk management and you can last long because that's going to allow you to learn too.
Starting point is 00:42:57 But if you keep blowing your money and over leveraging because you're trying to hurry up and speed up the process, one day it's going to catch up to you. D.C., you know what else I know is about following his page though? He ain't no greedy, nigga either. Like I see where you're going to be like, shit. I did three trades. I'm done for a day. Oh, yeah, yeah. Like anybody else who make money.
Starting point is 00:43:18 And then you'll be like, shit, it didn't take me. And you say how long you're fucking with it. And then you're like, I'm done for the day. I'll fuck with it tomorrow. I like the way he's value. How do you stop yourself from getting greedy? Because you're so good at knowing what you're doing. Right.
Starting point is 00:43:32 That's the point. Once you, it's called set-ups. So when I'm trading, I'm a hunter. I look at it as if like legit. I'm an Africa gathering food for my family. So if you- No offense to the Africa. We know y'all got food.
Starting point is 00:43:51 It's not. Anything you say about Africa, they go to heat your. They don't respond, we were. Hey, there was a figure of speech. He wasn't talking about like in the neighborhood part of Africa. He's talking about like he in the bush Africa. He meant like he was out there, you know what I'm saying, in the Congo and shit.
Starting point is 00:44:11 Like the Bush's part. Right. Not the neighborhood part. We know y'all lit over there. They got all kind of money. And they're stunned. Right. So they think we think they still live.
Starting point is 00:44:19 in huts and then they'll be like look at my hut and they'd be like 20 rooms. Nah, nah, I don't need money. I'm talking about like, like, I'm thinking like ancestral, more so than anything, not today. Okay. Like thinking about like tapping into my ancestors. They got into it with some Africans about some shit. Oh shit.
Starting point is 00:44:34 I'm just trapped. Yeah, yeah. I told them I say something next time and they was like, okay, we give one more chance. And that's, yeah, man. So yeah, man, like, uh, when I'm trading, I'm looking for the right setup. So, you know, lions have high probability.
Starting point is 00:44:48 have high probability setups. I don't know if you watch Discovery Channel, but lions have an ancient way of hunting. Three female lions, one will attack from the left, one will attack from the right, one will attack from the middle, and then they meet it and connect, and you see how everybody,
Starting point is 00:45:03 you see how one is on this side, one is on this side, one from the back. And then that's how they take it down. We use all of our weight to drag it down. So that's a high probability setup, meaning they're going to eat that night if they take that setup. But you notice when they show
Starting point is 00:45:16 on the Discovery Channel that lone lion, Try to go hunt by himself and just go charge that some zebras on willy-nilly. His ad barely eat. You feel me? So it's the same thing with trading. I'm only using high probability setups. And it got to be confluences. So you see how the lions got about three females attacking it.
Starting point is 00:45:35 I need at least three reasons to get into trade, two to three. Two or three. But it can't just be one. You get what I'm saying? You need, so like trading, here's the thing people can't do. hope is not an indicator meaning like you can't hop in the trading and saying I fuck with this company I hope it go up that's not that's you'll lose money the proper way is to learn the setups right so there are setups there's about
Starting point is 00:46:07 20 of them that I know give me an example cool here's one setup that's kind of easy for you to know so it's something called the RSI relative strength index right right so it shows you whether a company has fallen too hard and will potentially bounce so let's just say the level is 30 if it falls below level 30 on that graph then it's giving you a buy indicator correct so a high probability setup would be if there's a floor and confluence with that level being at below 30 you get I'm saying so two things happen the stocks are at a floor price that it once touched in history back in the day right right so whatever this price is you'll see candlesticks touch
Starting point is 00:47:00 it so let's just say the price is 100 it touched 100 in May it also touched 100 in in you know January and it also touch 100. So now I see it touch that 100 again. Right. In confluence with that RSI being at 30. So that's two reasons for me to get in this trade. When you say confluence, what do you say?
Starting point is 00:47:23 Confluence mean when more than one thing add up. That's what confluence mean. Okay. Right? So I need confluences. I need at least two to three, and if it's five, I'm putting in a lot of money. When he touched that 100 again, it just showed you that,
Starting point is 00:47:38 okay, it's going back up again. Because now I have proof. that this level can hold because it touched before in history. Right, right. So that's all I'm looking for. I'm looking for history to repeat itself. Mm-hmm. Mm-hmm.
Starting point is 00:47:51 You get what I'm saying? So I'm not doing no hope shit. I'm not doing no whole goddamn, oh, I put some goddamn, it's not luck. It's not luck. Right, right. You get what I'm saying? That's the point.
Starting point is 00:48:03 It's not luck. I'm waiting on certain companies right. To drop. Right. as far as they can go down and when they do that I'm going to so this is what the rich do what they just did what I'm so you got to think like the rich once you learn their game you can make a lot of money in the stock market right so I learned their game this is why they'll
Starting point is 00:48:26 always be rich because of the stock market what's the game oh my god it's simple they and I'm doing exactly what they did when you saw me post that 200 racks because I thought like them all right meta Facebook it dropped to $84 all right
Starting point is 00:48:43 Tesla dropped to $100 right it was like a few this was like around Septemberish right
Starting point is 00:48:52 October Septemberish right 2002 so you as an investor got to say okay
Starting point is 00:49:02 if I was a rich guy you know he done sold before that shit doesn't drop right so he has to load up again you got to figure out where he's going to load up that's your goal your goal is to figure out where are the men with the money going to load up because they're going to keep doing it every time they're going to load up sell let it drop load up and actually
Starting point is 00:49:28 they're going to sell to drop they're going to make money on the drop they sell smart they I'm telling you the stock market is meant for the rich to get richer It's a tool for the rich. It's not a tool for the poor. They're just letting us participate in it because they know we don't know what the fuck we're doing. So they take money from us. When we put our money in and lose, they take it. You think that money just disappearing thing there?
Starting point is 00:49:54 It's the biggest. Listen, crypto, when somebody loses, they make money. That money just don't disappear. You get what I'm saying? So people are losing money. on purpose it's just like the casino losing money on purpose
Starting point is 00:50:11 to make them richer and then the rich guys make the money that you lost you get what I'm saying so yeah I get it like that's how this shit go
Starting point is 00:50:24 so now I figured now I know where to find where they're going to buy right right for my heart podcasts and
Starting point is 00:50:37 Coco Punch, this is the turning, River Road. I knew I wanted to obey and submit, but I didn't fully grasp for the rest of my life what that meant. In the woods of Minnesota, a cult leader married himself to 10 girls and forced them into a secret life of abuse. Why did I think that way? Why did I allow myself to get so sucked in by this man and in thinking, to the point that if I died for him, that would be the greatest honor. But in 2014, the youngest of the girls escaped and sparked an international manhunt. For all those years, you know, he was the predator and I was the prey. And then he became the prey.
Starting point is 00:51:27 Listen to The Turning River Road on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts. Welcome to Pretty Private with Ebene. a podcast where silence is broken and stories are set free. I'm Ebeney, and every Tuesday I'll be sharing all new anonymous stories that would challenge your perceptions and give you new insight on the people around you. On Pretty Private, we'll explore the untold experiences of women of color who faced it all, childhood trauma, addiction, abuse, incarceration, grief, mental health struggles, and more, and found the shrimp to make it to the other side.
Starting point is 00:52:08 My dad was shot and killed in his house. Yes, he was a drug dealer. Yes, he was a confidential informant, but he wasn't shot on a street corner. He wasn't shot in the middle of a drug deal. He was shot in his house unarmed. Pretty Private isn't just a podcast. It's your personal guide for turning storylines into lifelines.
Starting point is 00:52:28 Every Tuesday, make sure you listen to Pretty Private from the Black Effect Podcast Network. Tune in on the IHeartRadio app, Apple Podcast, or wherever you listen to your favorite shows. Your entire identity has been fabricated. Your beloved brother goes missing without a trace. You discover the depths of your mother's illness, the way it has echoed and reverberated throughout your life, impacting your very legacy. Hi, I'm Danny Shapiro. And these are just a few of the profound and powerful stories I'll be mining on our
Starting point is 00:53:03 12th season of Family Secrets. With over 37 million downloads, we continue to be moved and inspired by our guests and their courageously told stories. I can't wait to share 10 powerful new episodes with you, stories of tangled up identities, concealed truths, and the way in which family secrets almost always need to be told. I hope you'll join me and my extraordinary guests for this new season of Family Secrets. Listen to Family Secrets Season 12 on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts. The OGs of Uncensored Motherhood are back and badder than ever. I'm Erica.
Starting point is 00:53:45 And I'm Mila. And we're the host of the Good Mom's Bad Choices podcast, brought to you by the Black Effect Podcast Network every Wednesday. Historically, men talk too much. And women have quietly listened. And all that stops here. If you like witty women, then this is your tribes. With guests like Corinne Steffens. I've never seen so many women.
Starting point is 00:54:03 type of predatory men. And then me too happened. And then everybody else want to get pissed off because the white said it was okay. Problem. My oldest daughter,
Starting point is 00:54:10 her first day in ninth grade and I called to ask how I was going. She was like, oh, dad, all they were doing was talking about your thing in class. I ruined my baby's first day of high school.
Starting point is 00:54:19 And slumflower. What turns me on is when a man sends me money. Like, I feel the moisture between my legs when the man sends me money. I'm like, oh my God, it's go time.
Starting point is 00:54:29 You actually sent it? Listen to the Good Mom's Bad Choice podcast every Wednesday on the Black Effect Podcast Network, the I Heart Radio app, Apple Podcasts, or wherever you go to find your podcast. Do you remember Vine? It changed the internet forever, and it vanished in its prime. I'm Benedict Townsend, and this is Vine, six seconds that changed the world, the untold story of genius, betrayal, and the app that died so that TikTok could thrive. From overnight stars to the fall that no one saw coming, we're breaking down what made Vine iconic.
Starting point is 00:55:04 Listen to Vine on the I-Heart Radio app, Apple Podcasts, or wherever you listen to podcasts. And even with the stock market, it's strategic, you have strategies, and there's rules. Right. And once you figure out, like you said, it's 20 rules and 20 strategies that you use. Right.
Starting point is 00:55:22 And you always say, that's one thing. That's why I fuck with you. Not only do I fuck with you, you don't talk me ways to get some money. And that shit worked, niggas. I don't get a fuck with what a nigga talk about. It worked. But you got to know what you're doing. Yeah.
Starting point is 00:55:38 Once you figure out the rules and you always say it's an 80, 20. It's always a risk. Yeah. Remember that you have a 20% risk that you can lose, but it's an 80% chance that you're going to win. But you got to know when to get out once you lose. That's the game of losing. Yeah. Once you're losing, you got to know when to get out.
Starting point is 00:55:56 A lot of niggie be like, hold tight, let's see what that motherfucker's going. You the nigger that day, he said, they take the money from. Let me keep my money in, let me see. When you lose, you just gave somebody money. If I win, I won because somebody lost. I always remember that. Right. You get what I'm saying? Right. Now, I also won because I guess right.
Starting point is 00:56:16 But that money, you get on saying, like, when there's a winner, there's a loser, there's a loser, there's a winner. Right. Right. Right. So it's so much money in the market. Right. Right. So this is all I'm saying. So this is what I figured out.
Starting point is 00:56:31 figured out and i'm gonna tell you how to figure out when to buy right didn't ask that question y'all should have there's a simple way you think that wasn't going to dip you said wait yeah wait wait on the dip okay y'all remember when covid happened in 2020 right right right okay all stocks plus the market was depleted apple facebook google um everything you could think of was depleted at that time right including the market right that ETF I told y'all about right right V-O-O was down spy was down so I'm gonna give y'all a clue on when to buy when the market and all stock yeah I got one and all stocks are down at the same time that's a clue when to buy so let's just say so when the market when something very bad happens right right right so what you got to do is
Starting point is 00:57:25 you're not going to be able to guess the bottom so what you got to got to do is you got to take your money and divide that motherfucker into three so let's just say you got 30,000 right the first drop right whenever the market go into RSI 10,000 right the next drop you might need 40 because that last drop you need to go you need to double down so let's just say we have 40 40, 40,000 right that first drop very big got to be a significant drop all stocks everything got to drop 10,000 so when you You say 10,000, what is the, what is the, the, the, the game plan. You just say the game plan is 10,000 into, oh, good job. The game plan is to invest into a lot of stocks while they're down, right? Why they're, so let's just say, you say input options. Oh, no, no, no, buying, buying shares. Buying shares.
Starting point is 00:58:17 The first big drop. Okay, you're speaking in shares terminality. Shares, yep, yep, so we buying shares. We're owning the company outright. So if Apple costs, if Apple is a, is a stock, right? right and it's a hundred dollars if you buy a share one share you bought it for a hundred right so the only way you can make money is apple go to 101 right one dollar because that's where you bought it at so you can only make money where you bought apple so if you
Starting point is 00:58:42 bought apple for eighty dollars a share and it's now 100 you now have made 20 dollars a share and depending on how many shares you own you're going to make 20 times the amount of shares you own right right so so the game plan so this is what i did so when covid drop 2020 you're supposed to buy that deal right it's a catastrophe um but what people didn't expect was the fact that we were going to be sitting home right people were and the government was giving us money this is what made stocks boom after 2020 because we were sick people were sitting home and the government is handing them money so now i got the money to go buy that iPhone now i got to watch netflix right now i got to
Starting point is 00:59:25 watch let me tell you the stocks that went up roku went up Because people had to stay home and, you know what I'm saying, watch TV. Right. Netflix went up because everybody's subscribing. Zoom went up because everybody remote working. Right. Peloton went up because now I've got to stay home and exercise. You get what I'm saying?
Starting point is 00:59:42 Right. So now you've got to learn how to use common sense with the world and figure out how the world works. Right. So you not only got to be a good investor, but you got to be a good world watching. Right. You get what I mean? Because, you know,
Starting point is 00:59:58 It hindsight 2020, but I was like, damn, who would have known to go all in in that dip? Only the rich man. They knew the average person, we're scared because we got on masks. So why the fuck would I go invest? If I know that we're on lockdown and you get on the side, I feel like this shit can go lower. Right. It made the stocks go higher because they gave us money to spend. Owned the companies.
Starting point is 01:00:24 That's all we did. I was give it right back to Apple, Microsoft. saw Google meta and the jewelry store Louis Vuittown was fucking crazy so the money they put him back into the economy they knew exactly what they were doing with it they were like you know what we're gonna dump just gonna give it back to us don't $40 million to the economy we're gonna invest in these shit in these companies and we're going to take the money back whoever right so now they got to get corrected from that right so now the reason why they dropped from that was because when the next
Starting point is 01:00:52 quarter come around and y'all opened up the world again we can't sustain those profits we made in 2020 so it's just like any business that's why the stock market dropped again right because once the rich bought that dip and they took advantage of COVID from 20 2021 after the pandemic they can't sustain the amount of money everybody made during that time so we have to correct so i knew that i was like ah okay buying a dip next time because because the world had to recover after COVID. So now they're like, okay, y'all ain't giving us no more money. We ain't spending no more money.
Starting point is 01:01:30 And then that gives people time to go look for jobs. So now, right now, we have one of the lowest unemployment rates since 1969. And the highest it was, was COVID. At one point in time, we had like a close to 15% unemployment rate when the world went on lockdown. 15% of the company was unemployed, I mean country. now we're at 3.4%. Of the world. Country, the United States.
Starting point is 01:02:00 Okay. You know what I'm saying? So that means, so think about that. Y'all seen all these job layoffs. Right. Right. And then let me tell you. Let me explain something to you, too.
Starting point is 01:02:09 Whenever a company lay off a bunch of workers, they make the stock go up. That's a good look for the company because investors are like, you're about to save $500 million. dollars so you about to actually make more money this quarter because you laid off them employees right so people don't know that but whenever one of them big companies like when everybody laid off laying off employee Best Buy meta Twitter Amazon laid off
Starting point is 01:02:37 damn near like a 50 piece so that makes the stock go up because they're going to be more profitable so once you start learning the world learning how business work but what helped me was like with the stock market with the fact that I own the business and a big one at that like a eight figure business yeah so now I think like you white man right I'm you now so I know when to buy so can you go back into that when we share you need 40,000 right yeah dropped the first time you dunk 10,000 say for we're gonna use I'll focus on the next drop if it drop one more leg we put in it we put in the 20
Starting point is 01:03:15 so say for this right so you say put in your buying to stop So, Apple was at a hundred. It dropped. First leg and hit the RSI. Hit 80. Yep. You spent $10. It went to hit the 80.
Starting point is 01:03:29 It dropped again. 60. Now, boom, you got it. Quote, we're going to buy it again. Tell the people, don't worry about losing the money on the money that you just bought for the shares at the 80, because you technically didn't lose because it's going to come back up. Let me correct this because I know how smart asses are around the world.
Starting point is 01:03:49 Right. So I'm just going to correct it. It has to be a correction, a substantial correction. So a correction is when the market falls like 30% from the highs, right? That's a correction. Now, if it falls 50%, that's damn near a recession. You get what I mean? Like a bad recession.
Starting point is 01:04:09 Terrible. But one thing about it is every single drop in the stock markets, the 2008, the Great Depression, So I'll mark them down for you, 2000 and 2001.com bubble, right? 2008. Housing crash, right? 2000 and like, it was not 12, but like 1617 was trade war when Trump was doing all that with China. And then COVID, 2020, and then the inflation CPI shit is this year. But really that's just a correctional period from COVID.
Starting point is 01:04:50 it right but they just gonna call this something else so what you're gonna notice is they always gonna need bad news in order to drop the market so now if you guys don't notice we're gonna run off the stock market well we're not going to that we run off the stock market meaning everything we're doing right now runs off this system right because they're going to need bad news to drop to drop this shit again right after the after the rich have already bought You get what I'm saying? So can you tell them not the trip on when the share that you bought at 80, drop at a 60? Right.
Starting point is 01:05:29 Because in their head, they're like, I'm losing money or my share's value is going down. You put in a little bit, just in case it's just a little correctional drop. Right. Right. So let's just say the S&P 500 spy corrects. Right. It dropped. So let's just say it was at 400.
Starting point is 01:05:48 Right. right so it was at 480 that's the 52 week high i remember that before the drop so this shit dropped down to uh 300 you get what i'm saying now i'm like okay this shit dropped 80 dollars from the highs i'm gonna buy in first leg to test the waters never go one thing i learn always scale in whatever never go full balls deep the first time dog ever never ever That's the life. Scale in. If you got a-
Starting point is 01:06:21 Smell that pussy before you go in. Hey, if you got a hundred wrecks, put in. The family show, man. I mean, Nah, go balls deep. Don't care. So, okay. Yeah.
Starting point is 01:06:35 Tesla, right? Yeah. When Tesla was doing this crazy, I'm talking about, nigger, I'm watching this motherfucker go to like Lamb, 12, 13, 14, 14, 15. I'm thinking this is a successful company. Uh-huh. Now we look at Tesla, this bitch is at $100, $200 a share.
Starting point is 01:06:55 The people who invested at $1,200 thinking this was a company, they lost. And there be people like that, a lot of people. So I was about to say the fact, when Tesla dropped that $90, I bought, when meta dropped at $90, everybody said this company is a failure. He put too much money in Metaverse, he's done. But you know what I thought? this man has four billion close to four billion users so in my head i'm like how can you fuck up if you if if all you got to do is send an email to everybody billion people with a new
Starting point is 01:07:34 product this man can never fail if i got three if i got three billion emails right you got think bro imagine if y'all the weed man and you got three billion helicopter that can just drop some shit off at somebody from dough you got You get what I'm saying at any point really wake up in the morning and they just give you this shit back don't even get to choose it you get on Facebook your whole layout different like what so think about that you know shit that like you control love you control the world right so how could you bet against a person who control the world using their shit they make the fucking and then this is something I had to learn too you got to believe in a CEO so you got to believe that the that the company
Starting point is 01:08:17 going to be innovative but you also got to get to know the CEO get to know because i didn't know that either i didn't know i got to know the man who owned his bitch too yeah to see if he got the the thought process to create something else with his money right so let's just say you see aristotle as a company would you trust in the fact that i'm gonna figure some shit out right right right would you yes or no yeah yeah so you would invest in me if i was a stock market right but let's just say your homie yeah he got money but he'll draw He's drunk, he real complacent, he ain't, he's done, he just, anyone a rapomo, I don't want to invest in him. Right.
Starting point is 01:08:55 So that's the same thing with them. Okay, y'all ain't been growing in the last two years. The CEO of drunk, the mixtape wasn't shit. Robots look, robots look like they bought to replace y'all. Right. You get all I'm saying? Right. Fuck y'all.
Starting point is 01:09:11 All right now. So you gotta look at them the same. the same way you look you got to look at that the same way as you look at people as companies too right so i trusted mart suckenberg i'm like this man gonna figure this shit out get to me for 80 i like this price everything is depleted i bought i bought leaps i made 52 000 i bought it in september i only put in 15 000 and i made 50 yeah about it's about at 52 000 right now what do you mean leaps leaps are good question long dated options so i bought calls okay okay okay i bought calls so when meta dropped to
Starting point is 01:09:55 eighty dollars in october right two thousand 22 i spent 15 000 on call options and saying it's gonna go up saying it's gonna go up but i bought it out for three years so i'm like ain't no way i can lose if i wait three years but don't if you hold it don't want the theta eat up the money hell no you want to see my account right now no nigger i know nigger i know what you do I'm just yeah I'm saying because of that's how it is because I bought a fucking leave everybody thought my leap up and leap down well it depends on they ate my shit a lot by I bought so perfectly it was nasty right so you got to give yourself time so and I also buy kind of in the money so that way the theta can't get
Starting point is 01:10:36 ate up too much what do you mean so I buy or not I buy at the money so basically let's just say right the market price so let's just say it metal was at $80 dollars right right the option strike price the nearest strike price will probably be 82 or 85 i'm buying as close as i can right to the share price for my strike so that way it don't get eight up too much i'm talking i'm buying the nearest one i'm not buying all the way out because if you buy all the way out they're going to tell you it's going to tear your ass up so you either got to be right at the money which is the nearest strike price to the current price so let's just say the current price of meta is $80 and the nearest strike is 82 right right you go for that strike
Starting point is 01:11:23 for leaps or go for the 79 or the 80 if they got it right you get I'm saying you either go in the money or at the money at the money is you know the closest to it and in the money is one that's already profitable which would be the $80 strikes right the $79 strikes right because it's already at $80 you know what I'm saying right so that's how i avoided that i bought super in the money so all of my shits are in the money so that means it made my option contracts go like this because i bought meta is that is now at like 150 60 right so you double so i bought it at 80 so now my option contracts are so profitable that it better keep going up over time it's going just just be a nasty flip forever so
Starting point is 01:12:16 So do you take money out and just keep profits in? Because now you say... I don't take no money out. Because I only put in 100 racks. So I look at it as, I'm a rich nigga. Right. I can lose a hundred. So either this shit is going to go to a million or I lose.
Starting point is 01:12:30 I'm talking about the 15,000. You put a 15,000 and you're going to wait, hold it out. Yep. For three years. Because you got to put in money with leaps. You got to put in money that you know you're going to fuck up anyway. So you got to look at yourself and say, what I'm going to fuck up on designer?
Starting point is 01:12:46 Holes in the club anyways, about a hundred. You get up? What are you going to fuck up? That's a buck going to buy all the cars in the world. All right, what are you going to fuck up on the new car? Now, let's just keep talking about so we're going to buy it right there at the strike money, right? Because I need some money. So you got to give up a dog this year.
Starting point is 01:13:09 Right. To goddamn, to put in these leech because the market just dropped. Right. Okay. You got to give up. I don't know. What's your vice? My vice is...
Starting point is 01:13:18 Shit. I ain't got no vice. You got some. Everybody got some. No. Because I know you can't be frivolous with this... Too many only fan accounts. Descriptions.
Starting point is 01:13:27 No, no. Okay. Put him out there like that. He don't be buying all this shit. They can send me that I saw that video before y'all bought it. The internet is a motherfucker. You know what I'm saying? I see what I'm saying?
Starting point is 01:13:41 Like, whatever your vice is, you gotta say, man, I'm gonna spend it. I'm gonna fuck this money up anyway. See, you know the ends and out. Right. I learned where I fucked up at just off about what you said. You're buying at the price. I didn't buy mine at the price. I bought Tesla knowing that it has been going up.
Starting point is 01:14:00 It's going to be going up. I knew the stock price and the app price was right there. I went down there. Remember, I went down. Remember, hope is not an indicator. You got to actually know what you're doing and you got to have at least a few reasons more than one to go in. But if Hope is your indicator?
Starting point is 01:14:17 Hope wasn't my indicator. I was using my eyes and, you know, the motherfucker 2020. I was using all that, MD, I was using all that shit. But I wish I would have bought it at the price because Theta ate my money up. Because I said, you know what, it's going to go up and it was going up. Right. But Theta was tearing me down as it was still going up. So I was like.
Starting point is 01:14:40 Do you believe in Elon Musk for the next three years? I don't believe none of these niggas. I just be believing. I believe in the First of all the fucker, I just know the motherfucker's going to get married. Let me tell you why you should. Why you should believe in Mark Zuggenberg? Why are you to believe in Google?
Starting point is 01:14:53 You should believe in because a lot of things, I look at a few things. What's your cash flow like? So now we've got to go into fundamentals. So what you got to do is you got to go to Yahoo Finance. You can research the stock and you can go look at their financials. So I go to their financials.
Starting point is 01:15:09 I go see how much free cash flow do you have? I want to see what your margins. like meaning like if you made uh so for instance apple made a hundred and seventeen billion but they only profited 30 billion right right so that means they keep 26% of their money so while y'all thinking you know so that so the average person i look at that and say damn they can only keep 26% of their money look how much it costs apple to operate that so i look at all of that how much does it cost to operate you and how profitable are you per quarter so apple profited 30 billion right right
Starting point is 01:15:50 26 percent me'll be profiting close to 40 percent of their money you get what I'm saying so I look at all of that right okay after all expenses how much do you have left cool Apple still lit you feel me right but um like with the dividend stock of course I was putting him on there too so dividends as well dividends is for like rich people in my opinion or you know high middle class but it ain't for the broke because you got to buy the share and then you only going to get like 50 cents 20 cents 15 cents depending on which stock you buy right per share now it could be either monthly or quarterly yeah right so i thought with all that i learned to diversify myself and all things you can understand though not things you can't the reason why i'm not heavy in real estate because i don't understand
Starting point is 01:16:41 it. Even though I made, you seen that house, I bought that shit for 600. I sold it for nine, right? Just to get rid of it. I know if I would have held it for a few more years, it'll probably be at a million, but what type of nigga am I to wait for a hundred grand? You get what I'm not going to wait three years for no hundred. Right. When I know I can just go get that on a t-shirt. I want that on a coat, nigga, a whole winter coat. What kind of nigger might have wait for a hundred grand. Yeah, that's a real shit on my coat. I'm not fin to wait another three years. He talked with a dividend game and I'm a visual learner so it only took about 20 minutes.
Starting point is 01:17:17 Once he said, this is what you look for. I thought you was one of them learners that had to put the headphones on. No, I hate that. That's like audio book. Don't read me. But y'all ain't crazy. I read my damn self. You feel what I'm saying?
Starting point is 01:17:28 I want to be able to know the word when I see it. You feel what I'm saying? Right. But it's like once he said, look for this, look for that, look for that. Now a lot of people, how I learn is go take my own wrist and take my own, you know what I'm saying? I'm like, okay. Now that I know the rules, I know what to look for. So it was other, like, stocks and shit that he would never invest in.
Starting point is 01:17:48 He was like, I ain't never seen no shit like that shit. Yeah, yeah, yeah, yeah. He bought that shit. And I bought this shit. And I'm just sitting in like, yeah, man, I bought that one too. I remember that day, you're happy as fuck. And I bought that one. 50, 899 with tax, $85 a year, channel 85.com, 85 social, get the app.
Starting point is 01:18:19 Well, see, this is what they don't know. The app really $3, but adjusted for inflation is $8.00, yeah. Well, lo, see, get the app, man. Stop bullshin. We out of here, man. Still using yesterday's tech, upgrade to the ThinkPad X1 Carbon, ultra-light, ultra-powerful, and built for serious productivity. With Intel Core Ultra processors, blazing speed, and AI-powered performance,
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Starting point is 01:19:15 I knew I wanted to obey and submit, but I didn't fully grasp for the rest of my life what that meant. For My Heart Podcasts and Rococo Punch, this is The Turning, River Road. In the woods of Minnesota, a cult leader married himself to 10 girls and forced them into a secret life of abuse.
Starting point is 01:19:35 But in 2014, the youngest escaped. Listen to the Turning River Road, on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts. Join IHeart Radio and Sarah Spain in celebrating the one-year anniversary of I-Heart Women's Sports. With powerful interviews and insider analysis,
Starting point is 01:19:54 our shows have connected fans with the heart of women's sports. In just one year, the network has launched 15 shows and built a community united by passion. Podcasts that amplify the voices of women in sports. Thank you for supporting IHeart women's sports and our founding sponsors,
Starting point is 01:20:09 elf beauty, Capital One, Novartis. Just open the free IHeart app and search IHard women's sports to listen now. Welcome to Pretty Private with Ebeney, the podcast where silence is broken and stories are set free. I'm Ebeney and every Tuesday I'll be sharing all new anonymous stories that would challenge your perceptions and give you new insight on the people around you. Every Tuesday, make sure you listen to Pretty Private from the Black Effect Podcast Network. Tune in on the IHeartRadio app, Apple Podcast, or wherever you listen to your favorite shows. Your entire identity has been fabricated. Your beloved brother goes missing without a trace.
Starting point is 01:20:51 You discover the depths of your mother's illness. I'm Danny Shapiro. And these are just a few of the powerful stories I'll be mining on our upcoming 12th season of family secrets. We continue to be moved and inspired by our guests and their courageously told stories. Listen to Family Secrets Season 12 on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts. This is an IHeart podcast.

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