The Iced Coffee Hour - Revealing How Much Money The Graham Stephan Show Makes! | Ep. 14

Episode Date: August 25, 2020

Today we discuss our current investing strategies, we disclose insider information about the second channel, and Graham becomes the love guru. Enjoy! Add us on Instagram:  https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan Send any voice submissions to [e-mail]  (10-15 seconds max) can be about anything- and we will respond in the next podcast! Get 2 Free Stocks on Webull when you deposit $100: https://tinyurl.com/yd9slfax Join the 2x weekly mentorship group: https://tinyurl.com/yaexko4o The Equipment used: https://tinyurl.com/y78py5g2 The YouTube Creator Academy:   Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://bit.ly/2STxofv $100 OFF WITH CODE 100OFF  For Podcast Inquiries, please contact [e-mail] TIMESTAMPS: 0:00 Start Here 0:08 How much money the podcast has made 1:02 The best comment ever 3:21 Jacks options update 4:57 New podcast name and profile picture! 5:31 DO IT NOW 5:41 Q&A 6:08 Mr. Problematic 10:27  Superstitious Graham 12:53  Post office issues 17:11 Hyperloop thoughts 19:39 Life advice from Jack and Graham 23:13 Life Changing Event 25:49 A visitor 26:58 The plate crashes 29:26 Meet your kevin coffee maker 29:47 Does Graham practice what he preaches? 30:39 Our cute dates 34:13  Single and ready to mingle 40:00 Second channel revenue! 40:47 New Second channel content 43:45 Graham is the new Dr. Phil 46:27 Google question 49:30 Graham’s credit score 50:30 RE Investing out of state 52:26 Song recommendations! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Welcome to the 14th ever episode of the Ice Coffee Hour. What's new? How much money have we made so far? We have made $2,668 and 90 cents. Yeah. So that is an average of $42.51 per day in the past 28 days. Wow. Cool. So actually, it's good.

Yeah, this is like a full-time career now. No kidding. Really, it is. Not bad at all. And that's counting weekends as well. Saturday and Sunday. Nice. Yeah.

Very cool. So thank you guys so much for all of the support. I really appreciate it. This is the first episode, by the way, that we're filming in the morning. Yeah. We always film these at nights.

But yeah, early in the morning. It's Thursday morning, 8.37 a.m. Yeah. If I seem tired, this is why. But we do have iced coffee. We usually both don't drink iced coffee because we usually film at like 10 p.m. Or something ridiculous.

But now we both have it. I sip. I sip on it. Start it right off. YouTube commented on one of our videos. Insane. I know. Insane.

I still don't believe that's real. Yeah. So YouTube's YouTube account has like 30 million subscribers verified and everything. They commented on our David Dobrick video. Yeah. So what are we going to do? So I have a thought when it comes to that. I am convinced it has to be someone at YouTube watching who didn't realize you're logged in the account.

It has to be. Because I don't believe that YouTube would just be like just out there commenting on channels. Maybe. But then why would someone be watching the videos from the YouTube account? How many people have access to that account? Yeah. No, it threw me off as well. And when I saw it, I was so flustered.

And then I told you, and our conversation was actually quite funny. I'll throw up screenshots if it's available. But yeah, like I saw it. And then you said you thought that someone forgot to log out or something. That's what I thought. And I really, that never occurred to me. And I thought that was such a far-fetched conclusion or, like, for some reason, I just didn't think that was the case. And then people were responding to the YouTube comment saying that.

So maybe that was the case. But you know what the weird thing is? They used my name. They said, Graham. Make sure to smash the like button for Graham. A subscriber wouldn't say that. Sounds like a YouTube-esque thing to do. Yes.

Because then it's like there. talking about a person. Like any subscriber would be like, yeah, I've just smashed the like button for the algorithm or something. Yeah. But no one ever comments like Graham. So that kind of makes me think it is actually YouTube. It's just weird.

The whole thing is weird. It's in a good way. Like in a really, really, really good way. Yeah. We were freaking out. Made my whole week, really. Yeah, seriously. Imagine if they commented on this.

That would be crazy if they're watching. They're watching everything. And they're like, that's like for the YouTube algorithm, Graham. That would be like mildly unsettling. Like if they're watching everything, you know what I mean? It's like how far can they go? You know, like your old drumming. They show up outside of the house.

Yeah. Someone just peering in through the bushes. Like, hey, what's up? How's it going? They're always watching. I wouldn't mind. I wouldn't mind. It's okay.

Also for an update on the options trading. I am so far eight for eight in options trade. You're going to get to 19. Of course I will. Tell him about our bet here. Right. So it's 20 options trades. If I'm 20 for 20 in the green, then Graham will, he'll say he's proud or so he didn't even say that much. He would be impressed. So right now you're eight. Well, I'm actually seven for seven. My eighth contract is open right now, but I'm so far in the green on my eighth contract. Okay. And the total return so far as what?

It's about 5.7 or so percent. All right. That's not bad. You would have been higher had you just bought Neo and held. Yeah, but I, that's a hypothetical, right? It's like I had so much control over my gains and losses in this type of option trading, selling puts. But that's not too bad. And explaining my poor returns, obviously, off of eight trades, you know, 5.7% isn't that great?

This is because I make very, very conservative trades in options trading to lower risk. All right. So if you get a million dollars, you'd be up $50. 50 grand. Yeah, yeah, I'd be up around 50 grand. So if you were to loan me a million dollars and I were to invest it, you could be it. All right. So I'll loan you money at a 7% interest rate. You'd have to make a little 7% per year. A million dollars, 7% percent. So 70,000 a year. I couldn't, in my right mind, I could never invest a million dollars in the options trading. I would just be way too scared. And also one thing that Graham and I have been for some reason we've just been we haven't done it because it takes us getting ready and stuff is changing the profile picture in the name of the channel or whatever.

Yeah, yeah, we got to do that. Like I personally just to let you guys know, it doesn't bother me whatsoever that I'm not in the profile picture. It bothers like two people. Yeah, they're like Matan Cole or whatever and someone else. I know you guys really want me in the in the profile picture. I'm saying it right now that we're going to do it. That means we have to do it by Sunday. All right.

So, so we're going to. I'm gonna do it between now and Sunday. This is gonna hold us accountable. Alright, we'll make it happen. It's gonna happen. Also, add us on Instagram. Oh yeah. Yeah, yeah, S. Selby.

Add Jack. Yeah, you guys all already have Graham. Ad me on Instagram. One thing I think would be really cool is a Q&A segment. So if you guys wanna comment questions as well, we'll answer them two episodes from now because we have a very, very exciting guest for next week. Yeah, you know what?

Or they could ask questions now for us to ask the mystery guest next week. You don't know who it is, but ask questions you want someone to answer. Ask something you want someone to answer. Could be us, could be our mystery guest. But,

yeah. So let's talk about phase rug. Okay. Mr. problematic for us. You want to give a little bit of a, yeah, explanation?

He bought a house, guys. And then I reacted to his house. Great house, by the way. He puts in the title, it's a $10 million house. I'm like, there's no way that's a $10 million house.

There's no way. So I look it up online, sure enough, with a few clicks here and there. You find out he paid $4,250,000 of the house, like two months ago. And then he claims it's $10 million. Not a big deal, but I get it. It's for the title. I understand it. So going from $4,000 to $10, that's a big leave.

He explicitly stated it's a $10 million house. I've seen other people say something similar. There was a, I can't say who it is, but someone else said that they had like a very expensive home and the home was really worth like half of that. But Faze is actually less than half. Yeah. You know? 4.25 and he said it was 10 million. Right.

That's like a big difference. It becomes easier to half it the more expensive the home is though. That's what I think. Like you can't say you got a million dollar house for 500 grand. That's fair. You can't do it. But if you have a 30 or 40 million dollar house, you pay $12. for it, then maybe it's arguable.

It becomes, the line becomes blurry in terms of value there. Yeah, I would say I actually have a fairly difficult time distinguishing between like a 50 and a $100 million house. Like I could see the difference being like $5 million or $10 million, contrary to $50. Yeah. Sometimes like that, it's very subjective, sometimes, but it's also has to do with sometimes the lot and where the sun rises up and like what the view is and how much of that lot is. flat.

Like there's a lot of stuff that goes into that. Same with art. Like art is one of those very subjective things where to somebody it might be worth 70 million and for another person will be worth $130 million. So that could be one of those things.

Uh-oh. I'll just leave it close. We got Ramsey scratching at the window again. You wants out of that window. But that wasn't our only issue with phase rub. You know what? You remember the other issue?

I edited it like four or five times. What was the other issue? Dementitized. Oh! Oh. How many times? Oh, man. I re-uploaded it.

Like, the fifth upload was the one. Well, actually the fourth as well, but we threw in a little edit for the fifth one. But it got demonetized. It got flagged three times. Yeah, so it's full-screen media. So he's with full-screen, and they're an MCN. So basically what they do is they comb the internet for anything that has any of phases content in it, anything. And if there's any match whatsoever, they will go in and manually just be like, nope, that's ours.

We claim the monetization for it. It's so, so basically if you use any of his content, it's not going to get monetized. Even if it's in fair use. Like I would say, that was clearly fair use. Very much. But the system is very much. It's not articulate enough yet to differentiate between like what's fair use and what's not. So they err on the side of caution with that.

If someone claims your content, most likely they're claiming it for a reason. YouTube will side with them and then it's up to you to prove otherwise. but we're not going to prove otherwise on a, you know, on a reaction video to his house. Fortunately enough, if they do claim monetization, it's usually when it's not published yet, so it's still unlisted. So we actually, as long as we're ahead and we can post it and then, you know, maybe it's going, like it's going to be uploaded. Like, you guys can all see it like a week or two from then.

Like we have time to see if they're going to claim monetization. So we can remove it, re-edit it, and then re-upload it with fixes. Yeah. That's really one of the best features of YouTube. is that you can upload it as unlisted. That's what I've actually been doing now. My new thing is not so much scheduling. I'll leave it unlisted for the first 24 hours.

I've always been so superstitious that I feel like if I leave a video unlisted and then schedule it for posting, it somehow impacts the algorithm. But that's now not true. I think that was just in my head. But yeah, so now I leave it unlisted. I wait for a manual review of the video. And then I feel better knowing that if someone will,

reviewed the video and it's good, then no problems whatsoever. Yeah, you're a little superstitious when it comes to like YouTube algorithm. Totally. There have been times where like you'll want to sit in a specific area. Like you want to sit here or you want to sit outside or in the unit. Because I've had bad luck sitting right there. That's my unlucky spot. Yeah.

For posting videos. It seems like every time I sit there in a video post, it's bad. So the good areas seem to be we have so many like, One, twos, and threes sitting by the guest house. And not only that, like this is exactly where the Pokeyane tragedy happened.

That's why I don't want to sit there. It's because of that. I'm not going to sit there. There's a little inside Graham right there. But, yeah, that whole phase rug thing was rough. Fortunately, we got it all sorted out. The house was incredible. I mean, I really liked it.

I thought it was kind of just big, just to be big, you know, which I think is like a lot of houses or YouTuber houses. I don't think that's that big of a deal, though. Would you agree they just buy big houses just because they're big? I think it looks good on camera.

Yeah. It's a set. You're buying a studio set is really what you're doing. And a big house, I think, has a statement. It's interesting. You have more rooms to do stuff in. So I think it could be a good business expense. Like, imagine if this were double the size,

how many more rooms we would have to film the podcast. Yeah. That's very true. So that's how I think of it. the most unfortunate thing honestly about the the getting flagged is the fact that we have to re-edit it and the make the video not what it is like we we have to if you guys notice we flip phase rug so it's like inverted and then we move graham to the other side and graham is inverted and then that didn't work so we had to throw in like music over it and the music was atrocious

if you listen to the music it is most obnoxious music I don't know what exactly called like an endless pool, an infinity pool, but basically the water does those through here. I think it's more so the music. We'll do some testing, but I have a feeling if we could keep it the way it is, but just music. I think it's audio. I think YouTube will have an easier time picking up audio than they would visual stuff. It's just unfortunate because essentially it's the same thing as it was in the beginning, but now it's just a worse video with bad music thrown off it. Yeah. But it's still good content. Right. So like if you guys haven't seen it yet, definitely check it out. Smash the like button on that. Yeah, exactly. And this too.

Yeah, yeah, smash a like button. So something that's interesting that's happening right now. I figured we could try to start talking about this stuff, obviously remaining apolitical just because you and I aren't, honestly, we don't talk politics whatsoever, is the post office thing that's going on. And honestly, I'm not, I'm going to say that I'm a little ignorant when it comes to this whole situation,

but I thought it was interesting to discuss what I do know. And from my understanding of what's happening is I think that the Democrats proposed universal mail and balloting, which essentially means that they would be sending in ballots via mail to like every home or something. And then I think that the Republicans weren't in favor of that because I think if more people get ballots or they send it to like a bigger group of people or more different types of people, I think it gives the Democrats a competitive edge. And then the Republicans are fighting it because obviously they don't want the Democrats to win the election. And I think that it's very interesting that now we're seeing what could be the end of the post office, the USPS, you know, which is, I mean, it's been around forever.

And I think that the thing that, I can't say this, like, I don't want to, it's too political, do you think. Amazon presents Jeff versus Taco Truck Salsa, whether it's Verde, Roja, or the orange one. For Jeff, trying any salsa is like playing Russian roulette with a flame thrower. Luckily, Jeff saved with Amazon and stocked up on antacids, ginger tea, and milk. Habaniero? More like habanier, yes. Save the everyday with Amazon. I don't know. I think one of their biggest things, though, is that they need to be accountable for, like, where all that money goes. And they got to run them like a business. Like, there's no reason. and why.

Like, I get that it's a great service that all of us have to use. No, we don't really have to use it. But it's a good service. But the reality is that, you know,

my understanding was there's a lot of people taking these crazy overtime hours, completely just unsupervised. That's something that is expensive. And if we're sending in mail and they're losing money, we should pay more money. It should run it like a business.

But technically it is, it's an independent. company that has contracts with the government. Yes. And it's running at a deficit. Like they haven't had, it's not been in the green for like 13 or 14 years. But it shouldn't. I don't get it.

If they're running in the deficit, they got to audit their financials, figure out where they're losing money, cut back on those areas, or charge more money. Yeah. I don't think anyone would complain if the price of a stamp goes up 15, 20%, I mean, it's a, most of us use email. It's really only, honestly, I don't get you. even who needs mail in the fix place. FedEx runs it a profit, right?

And Amazon runs it a profit for delivering all their stuff. I don't understand one. I get deliveries. Okay, well, I guess what I'm thinking, when I think mail, the first thing that comes to my mind is like you send a postcard to someone. Or like, we had to send in some stuff to the city. And it was like, why? Why can't I just email that to you?

Take a picture and text it. Seriously, we should be able to text these things. I think that would be more organized as well. But yes, but let's say package delivery. There should be a profit. They should make money every time a package gets delivered. There should be no reason why they need to lose money on packages. That's what I think.

So I think it makes sense if they need to charge more money. They audit their financials. They figure out where they're going wrong. They fix it. And then they adjust their prices accordingly. It doesn't make sense if it's an independent company that runs for profit. It's not running for profit. And it's being backed and supported by us when it's not honestly like my experience

with the USPS have not been incredible. Like whenever I get a delivery and it's been via USPS, it has just been very, very poor delivery. You know what? Tracking numbers don't get sent out for a long time. Elon Musk or someone is going to come to the rescue and it's going to have drones. That's what I believe. Like imagine, seriously, like imagine you could send for a drone.

You have your mail out here. It comes and picks it up in a basket or something like that. Like you just put it in the basket and it whizzes off and it goes right to your destination. Maybe there's like a sorting facility or like something there, but that's what I would love something like that. We'll just have like universal portals and the portals will just be spread out and you can throw your stuff in there and then swipe a wheel that will be like the destination that you wanted to get sent to. Throw it in the portal and it pops out there. That's what Elon Musk is going to do. Yeah.

I agree. It's got to be something like that. When do you think the hyperloop is going to actually be implemented? Do you think it's going to happen? Probably not for decades. I don't know. Is it even going to happen? I hope it does.

You know what? I was really upset, but the city of, I don't know if it was Hawthorne or Inglewood or Culver City. Elon Musk wanted to do a hyperloop in Culver City. It was right by the 405 and the 90 freeway, and it was all excited for that because that's not too far away. And he wanted to go through like the bottom of L.A., and they shut it down for some reason. They just, it wasn't approved. I don't get it. Like, that's exciting stuff that I think would bring so many jobs.

To the city, it's cool. It's a destination. It's cutting edge. It'll help us all out. And the city's like, nope, we don't want that. We don't want innovation here. I don't know all the details. I'm sure there's more to it than just that, but still.

That's odd. But, I mean, that would be huge. If you guys don't know, I'll probably just throw this in before. The Hyperloop is something Elon Musk is working with, his company, the boring company. Essentially what it is, is it's like a vacuum chamber that's underground where you can like shoot cars really, really fast or something, and you could basically travel, like ridiculous speeds. And since you're in a vacuum chamber,

it's like efficient and it's quick. And it's like a tunnel that you drive into. It's like a train, but for a car, you could just drive into it. And, like, I don't know. That's probably a poor explanation, but you guys get the picture. And, uh,

and yeah, I think that it's absolutely incredible. Like, if you could get that put in, that would be huge. I think all across California, you're going to see property, like,

um, prices increase. And it's one of the reasons why I've wanted to invest in, if I do get into real estate in a place like Bakersfield, because although it's kind of like a dead zone right now, like not like the greatest place for investing in real estate. But if they implement like a hyperloop or something like that, then all that whole area would probably like be booming in real estate because you can live there and work in L.A. You don't want to live in Bakers. But you, I know, but one of the things is it's just like proximity wise, it's not close to like any huge like it's like, it's. not close to L.A. It's not close to like San Fran, but you can work in those places and be living in Bakersfield. Yeah. Maybe, maybe. We'll see. So keep that in mind, everybody. If they

implement a hyperloop, you could invest in Bakersfield. Maybe you'll see a pretty astronomical rise. And you could say you're five minutes for the beach. Yeah. Close proximity to the beach, everybody. Yeah. Let's go on to life advice from Jack and Graham. By the way, everyone seems to prefer Jack and Graham, which really surprised me. I prefer that too. Really? Graham and Jack sounds smooth. Jack and Graham. All right. Do you have any life advice, just general life advice you could give the viewers out there to have a better life? Or do you want me to go first to do you go first? So recently I've been waking up early and I think that it's game changing. Like I'm typically like 8.30 9 a.m. waker

But recently I've been getting up at like 7.30, which is early for me, may not be early for you guys. And it's huge. It is huge. So I get started. I can get started on all of my work or early in the morning. I realize, you know, if I'm waking up early and like a little uncomfortable waking up, I might as well put myself to work. And it's more inspiring to work and easier to work. And also, I think just that entire day,

I feel less lethargic. Even if I get less hours of sleep, but I get up early, it works really well and it's inspiring. And you guys should definitely just try it. Just try waking up at like 7.7.30 and just see what happens. You'll feel much more energized to get stuff done, to, I don't know, to organize your finances. That's what I love doing like every day in the morning.

Get started on the day nice and early. Yeah. I would say don't procrastinate. That's a big one. There's something you could do immediately. Just do it immediately. If you think of it, just go and do it. You told me that if you have chores or you have like a bunch of stuff to do with a bunch of tasks,

the easiest way to attack it is find the stuff that's going to take three minutes or less and do that immediately. Just get up. If you're on the couch, just get up and do it. You know, you have some dishes in the sink. Just get up and do it. Yeah. And that's like huge. Yeah.

A cluttered workspace is also. going to affect your productivity. So if you clean up, you do those dishes, you do all that, then it's easier to get to work on a bigger project. Exactly. Sets off the chain of just, you get one thing done, you can get another, you get another, you get another, now you have that momentum going for you can finish anything. 100%.

Like once you get started on working, you get started being productive, you can't stop. No. It's like a train. You're building momentum. Exactly. That's 100% true. And it's hard to get that train going. Yeah.

At first, it's kind of slow, but then once it picks up speed, then it's just unsublished. That's very true. A huge quote in my life was my cross-country coach said the hardest part about going for a run is putting on your shoes and that's a hundred percent correct the hardest part isn't the run. It's getting the not the courage but the getting the courage. You know what I mean like getting ready to get going and accepting that you're going to do it. Yeah, I agree. I've also realized a lot of the battle in life is is you against yourself. I think it's important to recognize where you put your time and where you put your efforts and and to be constantly thinking what could you be doing to be to be making making your life better to always be thinking what you could be doing what changes you need to be to make. Worded poorly but the concept is there. Do you have any other? I have no idea what you just said there. You have no idea?

No. I was like half zoning out, but I was also listening. It's important to know where you want to put your efforts, where you want to, what you want to care about. Because in my life, it's like maybe something bad happens, right? maybe something bad in my life happens, I can either entertain that whatever bad experience happened. Like I can let it affect me, right?

And I can sit and I can dwell and I can think about how unfortunate I am or whatever. And I can put all of this emotion and like strain into that. Or I can put all of that energy into something else is what I'm trying to say. You need to know where you should care and where you shouldn't care. True. Like one thing, one of the biggest things that ever affected me in my life, And I swear to God, like, it sounds so stupid. But I was coming back from a soccer tournament with my dad in the car.

And I had my feet up on the windshield. And I was totally slouched in the chair like this. And I had my feet up on the windshield. And I pushed to sit up in the chair and I broke the windshield. Whoa. I just completely shattered the windshield. Like, this is, this was life changing for me. Yeah.

And my dad was driving. And I was like, I was 12. And I was just like, oh my God. I just shattered the windshield. And my dad looks at me. and he just goes, oh, Jack. And, like, that's all he needed to say. That's all he needed to say.

And I was just like, I seriously messed up. But the thing that changed me wasn't really that, but it was the fact that he didn't freak out. Like, he didn't get angry at me and put all of this, like, his rage and, like, emotion. And he didn't do that. He just, he knew that's not something that he should really care about. It's like, I learned my lesson, right?

And he didn't want to be thinking about, like, he didn't want to put all of his effort into fixing that you're gonna pay him back for that no i didn't know i was like 12 i was you're gonna pay him back no i was literally like i was in fifth grade it's like i learned my lesson right and i felt terrible and i still do maybe someday i'll pay him back but like that concept is what i'm trying to apply here it's like he didn't want to waste all of that that strain and that that that i get it now daily bottled energy he didn't want to waste 20% of that just being frustrated about what happened Yeah.

Which I think is huge. I agree with that. That's a good point. One of the most transformative experiences in my life. And I haven't talked about it to him literally since the incident. But I always think back to them. You should bring them on the podcast. Just be...

Bring them on the podcast. Tell them about that. Seriously. I mean, he'll see this. That one turned off. Okay. That was a good story. Thank you.

It's sometimes it's hard for me to word stuff. But that's essentially what I was trying to tell. It's just interesting to me what sticks out to you and what doesn't. You know? It seems like such a small event in my life, but it really, really affected me. I mean, breaking a car windshield. I've never done that before.

With your feet when you're just trying to sit up? Never. Such a small thing, but. I don't think it's a small thing. Breaking a car windshield. But like, like, I'm saying, like, I'm just sitting in the car with my dad. Coming back from a soccer tournament.

How many times in my life? A million times. And I just try to sit up. Yeah, but you only broke a windshield once. That's a memorable point. That's very true. If anyone broke a windshield, they would remember it. Yeah.

Yeah. But there you guys go. I think it's important to know where you should put your care into and what you shouldn't. Do you have any other advice? Oh, there's Ramsey. Ramsey has some advice. Hello, Ramsey. Hey, I don't know.

I'm not good with coming up with advice on the spot this early. You're going to lay down? Ramsey. Oh, good. There we go. He's going to join us. He's going to join us. Oh, I wish Ramsey was in frame.

For anyone who doesn't see this, here you go. here's Ramsey. There's us. Ramsey. Hey. There he is. Oh my gosh. So that's what we're looking at now.

My final piece of advice is to think long term. And think about your decisions now, how they affect you short term and how they affect you long term. And to always put preference into the long term. Yeah. It's the most important thing. I agree. And like if you aren't investing now, start investing. investing now because although it might be difficult now when you're 50 when you're 60 you're

going to be so grateful that you did so grateful and get your two free stocks down below in the description because they deposit a hundred dollars in a we've got to 1400 you're gonna oh you know what that's one of those things you should not procrastinate on that if you're thinking about doing it do it now graham i have not done it are you serious no you're messing with me are you serious? I haven't done it. Why? Because it takes like an hour.

No, it doesn't take an hour. Are you serious? Maybe five or six minutes. Tell me, how did that affect you? The fact that I said I haven't done it. You really, I don't, I think you're joking. I'm not. Why? It takes like five minutes to open up an account, type in your info.

You link your bank account there. You send over 100 bucks. And within like a few days, you end up getting two stocks. Yeah, I haven't done it. Come on, let's do it. Right, really? Yeah, let's just see what two free stocks I get. They're not going to show up immediately.

That's the thing. I wish you could just sign up within seconds you get the two. It takes, it takes like a day or two for them to go and verify your account and then for the deposit to go through. We've got to use the link, the affiliate link. Okay. Yeah, so let's go to Graham Stephan, Stock Market Bubble. What's up guys you? It's here, Grant.

Graham said that took him like seven takes Yeah, what's up guys, you? It's here, Graham. Now I could say it. Eh, you could... I'll do this later. All right. You better do it right afterwards, though. Have you ever seen the TV show How I Met Your Mother?

A few episodes here and there. Why? There's a concept in the show where you find someone, you think that they're great. You think that they're amazing. You see little faults, but you don't see any reason why anyone could ever hate this person, right? And then all of a sudden you have this epiphany. It's called like the plate crue. crash, right?

And they played a plate crash sound every single time this happened in the show. And essentially what that is, is like, you're like, oh, I get why people could dislike this person. Oh, I see this huge fault in them. Yeah. Was that Weebel the plate crash for you? Get out. Get out. Get out.

Oh, man. I thought you're driving. Come on. Why wouldn't you have done it earlier? Dude, I, because every time I open up an account with a brokerage, it takes like an hour. Like, I was doing it from my... Oh, no, it doesn't. Come on.

on. We've, I've opened up accounts, like full on bank accounts in like five minutes. Yeah, that's another thing to remember a password to

and a username too and it's like, could I try some of your coffee? Yeah. I want to, because you say it's better, isn't it? I'm trying some coffee

from Meet Kevin because he gave Graham the free coffee maker. Graham says it's a big change from the Mr. Coffee coffee maker, which I now own. Thank you, Graham.

That is stronger. Yep. And Ramsey did not move. No. Good job, Ramsey. There you go. Do you think that the money advice you give other people is different than the money advice you have for yourself or what you practice? Really?

Because now it's just my income has gone up so much. So if I spend something, it's just, it's such a small percentage based on everything else. I mean, that's the thing. It's like if someone spent $10 on, you know, on a vacation or whatever, you wouldn't even bat an eye. But if I spend $1,000, it would be like the equivalent of someone else spending 10. So I would say overall it's pretty much, I rarely spend money anyway. Rarely. I mean, we went to Chipotle last night.

That was like $16. Yeah. That was my entire spending basically for the day was $16. So overall, no. Graham and I have these cute little dates, usually about once a week. Oh yeah, once a week. Jack and I will work late. And then we go at the dinner.

That's been our thing. Yeah. So. This time we had Chipotle. Last time we also had Chipotle. I think the time before we also had Chipotle. It's usually Chipotle. We both get the same thing, but like $16 a week ain't bad.

That's not bad. No, and it's a business right off. Yeah. We talk business. Exactly. So it's like $8. Business use. Yeah, exactly.

$8 after tax. So that's not bad. It's worth it for a good meal. Mm-hmm. Good meal. Good meal, good talk. Good bonding. Cute date.

I find that the advice I give other people is oftentimes more risky. than the advice what I practice. I tell other people that they should basically invest everything except an emergency fund, at least at my age, into index funds. But for me, I've built up a savings. And now I have like a legit savings that I do not invest into index funds or mutual funds because I'm content with like my current investing. When I, in reality, realistic, I should be investing more because I don't honestly have that much.

I keep telling you to invest more money. Had you invested a few weeks ago, I mean, you would be up like five, percent on your money. Everything has gone up. Check the markets now. I have been telling you to invest it all on index fund. Let's see how much I would have been here. Yes, the piece up today.

Wow, look at that. I was down like six grand on my stocks earlier today, and now I'm up. 4,800. What a difference. I'm glad I, every morning I wake up and I buy more SCHB and Charles Schwab. And, yeah, I bought it

literally at the low today, but I tried, I have fun every day trying to like time. I could time the market within a day. As long as I'm investing that day, it's not that big of a deal, but, yeah. That 50 grand that you invested in that one video, is it up or down since you invested in it? It's up, how much?

80, 33. Okay, so I'm not up that much. 8033. Okay, so I'm up $125. So, be it. AKA less than the amount I'm up on options. Yeah, but that's just one time. I bought, and I bought,

I've been buying like every day. I know, I'm just, I look at me hard time. All right. But yeah. But yeah, it's not meaning that the advice I give other people is bad because I give them more like liberal advice with their money. It's, that's not the case. It's just that for some reason, people are just risk averse. That's, at least in my experience, I'm very risk averse.

So I'm very, very, very conservative as my. You shouldn't be. You shouldn't be. I know I shouldn't be. No. I should really be, I should max out my 2020 Roth IRA. Yeah. today.

It's another thing that's not going to take you very long. Just do it. I know it's not going to take me long. But I maxed out my 2019 one like, what, three weeks ago? Yeah, and you're good to go and max it out this year. Yeah. The sooner you invest, the better. I should be dollar cost averaging.

No, you don't need a dollar cost average. For what? Just to make sure that everything is going according to plan. You're going to be making money every single month. If you dump in what you have right now, you're going to have more money next month, more money the month after, more money after. You're going to end up dollar cost averaging anyway. What do you say?

4,000 a month, 5,000 a month. I should be investing. Is that good? You'd be happy? Yes. All right. I'll do that. Cool.

4,000 a month. It's here. Which one? 4 or 5? $4,000. $4,000. $4,000. Because you're going to have to pay taxes and whatnot.

The other stuff, Robin Hood, selling puts. Options trading. Okay, fine. I'll keep my bases of $3,000. So I thought it would be a funny. idea, Jack, single, and he's ready to mingle. And so he made a Tinder account. So if you're in the, what, what's your radius? Like a 100 mile radius? I would say 500 miles. If you're on the planet. I will personally buy your plane ticket. I'll put you up in a hotel. Yeah. If you're

within a 50 mile radius of like Los Angeles, I would say. And you set your age to like 21 to 23. Jack is going to show up. Like if you swipe enough, I'll show up. You'll show up on the account. So anyway, Jack has been swiping, and I thought it would be really funny to basically have Jack's first Tinder date

on the podcast. So what would you do? Like, you wouldn't even have met this person before. Yeah. But just you would have matched and say like, hey, for the first date, come on the podcast. And we just have a Tinder date

on the podcast for the first time. I think that would be amazing. That would be so much fun. You would officiate. It would be mean. this poor lady. Let's be realistic. That is not the most ideal for his date.

Me and this poor lady. It would, yeah, it takes like, this person would have to be so confident to be willing to be on camera to come on a podcast. Like, already we're gonna weed out 90% of people out there. Because I don't even think I would have been comfortable

with doing something. I wouldn't, like, I don't want to be, like, filmed with strangers and then be grilled from that podcast. So they can be clickbaited in a video You spend what on Chipotle last week? Yeah, yeah, exactly. What credit score?

Yeah, and that's like, dude, you tell you a Tinder, like, please bring your bank statements so group could be out of time. So we can ridicule you in front of like 5,000, 6,000 people. But here's the thing. If someone does agree to come on the podcast, you know they're a sport. Yeah.

They'd be up for any. Like, that's an adventurous person who's willing to try new things, put themselves out of their comfort zone. Those are all really great qualities to have. But at that same time, I'm like, I want someone to come on the podcast for me. You know what I mean?

It's like, I want... Oh, they would be doing it for you. I don't think... Would they be doing it for the podcast? Like, the podcast, what, 10,000 views? Yeah. No, but like maybe they thought it was bigger. I don't know.

You're going to look. You're going to do research. Yeah. Probably whoever's going to, maybe they're going to be watching this. How about this, too? If, uh, tell people what you're looking for in a girl. What do you want? And if there's someone watching this right now, who wants to come on the podcast in L.

all you need to do is just DM Jack on Instagram. Say, saw your podcast, I want to be on it, or something like that. Here's some info about me. What's your age bracket? What do you want? Hey, Ontario, come on down to BetMGM casino and check out our newest exclusive. The Price is Right Fortune Pick. Don't miss out.

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BenMGGM operates pursuant to an operating agreement with Eye Gaming Ontario. Legal consenting age. So we're going to say 18 to 25. 18 to 25 female. I'm just going to say this for you. 1825 female. Um Like

Wikes Likes hiking Yeah Likes being outdoors Likes running maybe Into personal finance To something Ramsey stop it

Likes personal finance To some degree Like saving money I really am not picky Yeah no standards at all No standards really Has to be alive Yeah

I'll take it Has to be Yeah Has to have a heartbeat Alive Yeah That's got to be a lot. It's stretching it in a moment.

Yeah, so that's essentially our current status. I made it the top line of my Tinder bio that I have serious inquiries only, looking for someone to come on the podcast. No one wants to do it. Like, I've matched with people and I say, hey, you want to come on the podcast? I'm really trying to get the segment for a podcast. Would anyone like to come? And they're like, no, I don't want to be on a podcast.

How many people did you get to the point where you brought that up, though? Four. They all said no. Four said no. All said no. They don't want to do it, dude. It's a lot. It's a lot to ask of somebody.

There was a girl that I matched with. And then she messaged me first and she said, like, I know a Graham-Steffen reference when I see one. Because in my bio, it says like iced coffee hour with Graham. And then I was like, oh, do you? Because I don't think she was aware of the podcast. And I was like, do you know of it? And she's like, yeah. She's like, I like, I like, I like, yeah.

And then I was like, and then we were talking about. And then we were talking about stuff. I was like, I dropped out of UCSB to work with him. She goes to UCSB. And I said, do you want to come on the podcast? And she was like, what? You can't tell me you actually work with Graham. Like she didn't connect the dots that we work together.

And then I told her, and then she freaked out. And she's not here. And I thought she was going to be here today. I thought she was going to show up. Can I see? Wait, what? There was a girl. The girl.

That was the one. Yeah. She got back to you? She didn't get back to me. No. She was like, she was super excited when she learned. that we work together and then she didn't respond. I don't know.

The ladies are confusing. Like, here's the deal, right? And you tried to. Can we say what you did on your Instagram? Oh. I mean, let's not go into too much. I put out a feeler to see if we can get someone for the podcast for Jack. And, yeah, different...

Different demographic of people. Our interest. Gender of people responded than what we... It was like, it was like, it was. like a 10 to 2. Yeah, it's a comment. I'm very humbled. Yeah. But I have a preference of... Did you message the one that I sent you to send you a message or no, you didn't do that? I think I did. Okay. No, it didn't. I don't. Okay. I have a preference of women and just making that clear. Okay. Um, uh, moving on. Yeah. One thing that's incredible. If we continue on our current trajectory with the second channel, this could be the first ever 40K.

month. Yeah. 40, and we just had our first 30K month. Yeah. No, wasn't the first 30K month. Yes, it was.

No. Yeah, it was May. No, no, no. May. That was our first 30K month. No. Yes, it was. Really?

I think so. If I'm remembering. I don't think so. I didn't research this, but if I remember correctly. May was our first ever $30,000 income month for the second channel. And we're going to hit $40,000.

Maybe. We probably realistically won't. Yeah. But, because CPMs went a little bit down. Yeah, that's true. But yeah, we could be hit, I mean, 40K month is definitely in the foreseeable future

for the second channel. That's huge. That's pretty cool, yeah. Like, absolutely massive. That video just posted that we did a first ever... Reddit review. Reddit review. I think I have a good feeling about Reddit.

I don't know. I just, I got a good feeling about it. I rarely get good feelings about stuff like this, but when I do, I think this is the new big thing. I think is going to be Reddit reviews like this. Intuition. Yeah. But that's the next big thing.

Little news stories. Yeah. The thing about YouTube, the thing about any, like community where you get contributions from a ton of people, like YouTube, everyone can post. Anything like that, I think is really, really successful. Ramsey. Come on. Get down.

I don't know. Ramsey. Get down. What are you doing up there? Good boy. Get down. down. The thing about any community like that where you have so many people contributing,

I think since you have so much information and like I said, so many people contributing, you have that much more of a chance to hit something and to get something that will spark people's interests. And I think that's what's great about Reddit is like you have so many people posting stuff and so many people liking stuff that literally the best of the best gets to the top. The best of the best gets upvoted. The best of the best gets to be seen by you.

Whereas something like CNBC, how many people contributing do they have writing those articles? A lot. They have a lot. But think about Reddit. How many people, they have like 2 million people in the Wall Street, that's community. What I like about Reddit, though, is that people can upvote what they want to see more of. And things like CNBC or CNN or any of those news sites, they choose to place which ones generally are the most popular. I don't know if they have control over the trending.

They probably have a good idea of which ones people are clicking on. I find them to be pretty accurate for their top five trends. on CNBC. But, you know, for the most part, Reddit is so organic and it changes. Like every hour, there's something new on there. It's true to what people are interested in. Yeah. It's not like figured out already what's going to be at the top, what's not going to be.

Exactly. So it's good. Reddit is definitely a gold mine. I think that video is going to do well. If it doesn't, I think that we will do more like it. Yeah. One more minute and we'll figure out what it is out of a tent. Exactly.

A lot of it does have to do a thumbnail. and title though, because this video we've never done anything like it, so people may be unfamiliar with what we're doing in the video. I agree. I'm curious to see what this is going to be out of a 10, because right now we're at almost 5,000 views, but let's see if it climbs.

Because right now what happens is you get a big search of views, so that it dips down and then it goes back up, so that back up is that... The average iteration. Yeah. Very important for that swing back up. Yeah. But yeah, we're still trying to figure out the best way that we can scale the second channel. And I think having more variable content is very important.

So if we throw in stuff like the Reddit reviews, huge for the channel. And if we can do the Mori. If we can do the Dr. Phil. Oh, man. Yeah, that's got to happen at some point. Like that is, it could be like a mainstream media type production. Yeah. You show up.

You have your own little space. People fight it out. And you solve the money and marital issues. We need, I feel like a live studio office. audience and stuff like that at some point. Like a full on studio. Yeah. Where like it's professional.

Like it looks like Dr. Phil where I'm in a high chair like that. There's other people in high chairs. And you know, just give over the bank statements and I look over. You're going to have like a designated place. Like the ranch that you can send them to. Send them to the bank. Go to the bank.

Yeah. Go to the bank. Like some place you can send the bad people. Oh my. Yeah. I would love. that. And then for the audience, I'd be like, listen, good news guys, as a thank you, Weble is giving everyone a free stock and just people are just like, some ladies in the corner just like crying from

happiness. Not only run you like, what, 18 bucks? Yeah. That would be hilarious. And then be like one of the audience members gets a free bang stock. Yeah. What? Whoa. Yeah. I think that's great because like Colin and Samir said, that's amazing advice. Like they said, it's really, good when they as an audience can experience something that you're experiencing at the same time because when they see you learning and growing rather than just regurgitating researched information then it gives them a good idea of who you really are you know because if you're learning something you really show your character in that at that point in time and i think that that would be really really interesting that's true throw some wild cards at you and just see how you react it's kind of what

the phone calls are but also it's not because it's not in person it's like it's different yeah but we could come up with something like that i mean That would be amazing. That would be fun. We got to do that. We're looking at Craigslist ads. We were thinking about doing it, but realistic we'd have to pay them. Yeah.

Like, $100 a person probably. I don't know like we're there yet. It's a big investment for something we don't know how it's going to do. Also, during this time. Yeah, we've got to try on a small scale. Yeah. Yeah. But that would be really, really interesting.

And let us know if you guys would ever be interesting in seeing something like that. I think the answer to that's going to be a yes, but let's see. Yeah. What do you think this is out of a 10? It's 8. Five. That's not bad. No.

Five out of ten. Five out of ten. The Reddit. Seven dislikes. Who dislikes that video? Cheez. Editing, the commentary, everything was spot on. You guys haven't seen that.

That's a funny video. This guy? This guy? Funny guy. Funny guy. We're basically done. I'm just going to throw up, well, we got one Google question that I liked.

Hey guys. My name's Jack Rackham. I recently made the jump into working full time on YouTube. And I'm curious to know if there's been a point on any of your channels that you had to make a serious pivot. When did you know it was the right time, and how do you weigh the importance of consistency against doing the same thing over and over expecting different results? Serious pivot?

The main channel's really been, for the most part, almost the same. The serious pivot, I guess for me, if there was any, was once I started getting more reviews, I started taking it really seriously, and I'm like, I can't mess this up. So I just, I doubled down, I made better content, I put more thought to my titles and thumbnails, really try to make every video as great as possible. It took about a year for me really to start getting good at that. Second channel was a major pivot for me, just doing something different. But other than that, I've been really good at just doing the same thing consistently.

You did make a pivot, though, in obviously the format and your video just like content. Because you did, you know, you had like a car review. You had like the McDonald's thing. It was about a year. That was about a year for me to. start dialing in. Yeah. Because then I was figuring out

what people wanted to see more of and I had a good idea of what people like, what people didn't like, what I liked doing, what people wanted to see what got pushed on YouTube. So I had to say about a,

took about a year. I've just practiced. One thing people don't realize, I think, I mean, I'm not a YouTube creator, but like I think that people don't take, they don't treat it like a business.

No. And it's making money like a business. They don't treat it like it's a job. A lot of YouTube creators. And it very, very well could be or is a job for people. Like, titling and thumb-naling is... That's art. It's art. It really is. It's paramount. If you're going to be a good creator and you want to get views, you want to get clicks,

that is so crucial. I mean, we spend hours, titling and thumbnailing every... Sometimes that's my least favorite part of the video is title and thumb-mail, because sometimes I know. It's like the video topic itself is awesome. I'm really happy about it, but then it's like... It doesn't matter. The title and thumb-mail are so important that I'm like, oh, that can be the hardest thing, because everything rides on that. Yeah. Everything is on the title of time now.

But that's about when you pivoted a year in, when you realized you could make a lot of money. Right. Mm-hmm. Yeah, it was about 100,000 subscribers was when I started really dialing it in. What were you making back then? 100K subscribers.

Two grand a month? Two grand a month. About that? Maybe three. Two to three. So job. Yeah. I think, I mean,

some months were like five. Other months were two. so it fluctuated I think one month was like 32 so about that what was that killed the coffee oh man

so thanks Jack Rackham by the way nice YouTube channel he's got like 100,000 subscribers oh nice yeah he makes really interesting content I'll check it out yeah then we have just a couple money questions that I threw in just as bonus questions

what's your credit score right now about seven 770 or so 770 yeah mine is like 740 or 730 I've had a one line of credit for well over a year now and I pay it off in full I keep my utilization

fairly low my average utilization is probably about 15 10% but it really like as soon as I opened it up I think my score was like 700 and it's gone up 40 points in over a year that seems slow to me and I've hovered around 735 740 for probably six months. Yeah, it's just time. Give it more time.

If you give that another year, you'll be fine. Like the credit history. It really doesn't matter if you have a score between like $750 and $8.50. No, no difference. Really, I would say $7.60, then people start like treating you, giving you credits, stuff like that, but your rate's not really going to differ that much above $750. In the Zoom call, mentorship group, link down below. Yeah.

I was talking to a member and he says that he invests in like Michigan or something and he's never visited there, but he has like three or four rental properties. And what he does, he lives here in L.A. What he does is he finds an agent that will also be a property manager. And since they're going to be the property manager to that property, then they're going to find listings that are going to be easy to manage, like not in a crummy neighborhood. They're very familiar with the area. They know the market well. And then he just buys the house and then they'll buy it for him. they'll also manage the property.

And he says his returns are crazy. What if they're a bad manager? It seems like he's got, he's been really fortunate so far. He has been fortunate. I think he's used the same person. Good. And he probably shopped around.

And he talked to a lot of agents and stuff like that, maybe the ones that didn't flake or anything. But he's like he can get like easily over 10% return, easily over 10. Yeah. And the property's there like $40,000. Wow. So I'm considering trying something out like that.

Because realistically, if I put a down payment for like, I don't know, Talk to Brandon, investment joy. Yeah. He'd be a good one. He's buying all these properties, 20, 30, 40 grand. I know for a fact I can trust Brandon. Right.

Yeah. Yeah. I would probably go with him. I think that might be pretty interesting. Does he sell houses? Doesn't he? He has his license, doesn't he? I think he has his license.

I'm not sure, but he buys a lot. Yeah. But realistically, if he's going to buy it from me, he might as well just buy it for himself. Maybe, but I'm sure he could throw you a deal. I mean, how many deals can the guy possibly buy? Right. He has like trailer parks.

Yeah, exactly. So I'm sure there's one or two that he just, you know, we'll pass off. Maybe, I don't know. So we're basically done. I think it would be interesting if we could just throw in some recommendations of the week. So do you have a song recommendation for the viewers of the week? Song recommendation. I have, man, I don't know.

Song recommendation. Let's, uh, how about sweetness by Jimmy Eat World? Sweetness by Jimmy Eat World. There we go. I have to listen to that. I think I've heard that. All right. So check that out, guys.

My song Recommendation of the Week, Pluto Projector by Rex Orange County. Check those out. Let us know what you think about that. Is there any other recommendations, movie recommendations, TV show recommendations? I started watching Dexter. Oh my, wait, did you just start it?

Yes, I was literally going to recommend Dexter. Really? I was going to say, yeah, yeah. Yeah, no, I just started it. Started like the other week. It's good. Yes, I really like it so far. I mean, the character, Dexter,

is amazing. I just finished Dexter. It's incredible. Oh, cool. Check that out, guys. Cool. Thank you so much for watching. Really appreciate it. Make sure to get your two free stocks down below in the description. Hit the like button, subscribe button, notification bell, add us on Instagram.

And for that pretty much daily. So if you want to be a part of it, they'll feel free to add us today. Yeah. And Tinder dates for Jack, let us know in the description. Or if you are yourself a possible candidate for a date on the podcast, just DM Jack. And we'll be in touch. Single ladies only, please. No, married ladies, please.

So with that said you guys, thank you so much for watching. And until next time. Another thing that's really cool is, Ooh, yeah. Do you want to explain the... Do we want to mention? Why would we not? We're not gonna mention until we have more information about it.

Yes, okay. Is this the 14th? 14th ever. Right. She never got back to me, by the way. Oh, really? Is she probably just didn't see it. Maybe.

Maybe. Do you have read receipts turned on? I don't know. Oh. I thought if you pay for the expensive one, it tells you if they read your message or not. We don't want people knowing I pay for the expensive one. Okay. When you're desperate enough to pay for it, then you know.